|
03-30-2018, 07:11 PM | #1831 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $454734
|
Quote:
The Crux will be whether or not it’s worth a flying feces. |
|
Posts: 58,005
|
03-30-2018, 08:21 PM | #1832 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $934127
|
On a very short term basis, GE is starting to show some positives. The $12ish handle could be a good buying point.
On a long term basis the stock looks like crap. But, if the rumors are true around this stock I don't see it going much lower. The breakup value of the various GE businesses will start to become very attractive. There was a false buying opportunity around the $18 range in January that a lot of people bought into. They most likely have been shaken out now and the time to buy is more likely now that all of them have bailed. |
Posts: 129,699
|
04-02-2018, 04:37 PM | #1833 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-29523
|
Quote:
High five on X. We nailed that sucka! It's at 34 now. |
|
Posts: 40,647
|
04-03-2018, 07:17 AM | #1834 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-29523
|
added a little moar NFLX this morning premarket at 281.40
|
Posts: 40,647
|
04-03-2018, 06:47 PM | #1835 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $71900
|
Quote:
And yes, that was great. Doubled my money on it! Thanks for investment conversations we’ve had.
__________________
2024 Royals game thread record 3-0 |
|
Posts: 46,134
|
04-05-2018, 07:23 AM | #1836 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $911110
|
Quote:
If I held onto the puts after I sold the stock, I would have MADE money a few days later. GE has worse problems than they claimed to disclose at the big write down. I don't trust their accounting and that all the bad news is still out. I could see more dividend cuts. Looks cheap but it could get under $10 IMHO. I certainly didn't think so at $19+ when I bought shares.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
|
Posts: 52,657
|
04-06-2018, 03:30 AM | #1837 |
**** off
Join Date: Feb 2007
Location: New York
Casino cash: $6741882
|
I'm a n00b to this thread, but my spouse just lost her job and I'm taking care of all the bills. Things are snug, but we're not worrying about our lights being shut off.
My question to everyone is should I lower my 401K contribution until she finds something new? Sure in the short term I'll get a little extra in my check, but is it worth it to do so in the long term? Currently, I put in 8% with my company matching up to 5%.
__________________
"**** up once, lose two teeth....” |
Posts: 5,237
|
04-06-2018, 03:42 AM | #1838 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
|
Quote:
Perhaps invest the 3% into an IRA so you can access if needed. |
|
Posts: 53,803
|
04-06-2018, 05:57 AM | #1839 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-29523
|
Quote:
|
|
Posts: 40,647
|
04-06-2018, 07:29 AM | #1840 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $454734
|
Quote:
|
|
Posts: 58,005
|
04-06-2018, 07:51 AM | #1841 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
Agree with eDave. Go to 5% to take the match. NEVER say no to free money! The three percent probably doesn't matter much either way, but in case your spouse's reemployment takes longer than expected, you might prefer it in your pocket.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
|
Posts: 43,125
|
04-06-2018, 08:46 AM | #1842 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $166899
|
Not that we need more agreement with eDave, but here's one more. Don't touch the 5% unless things are getting REALLY sketchy.
|
Posts: 52,505
|
04-06-2018, 11:24 AM | #1843 |
Sexiest Athlete
Join Date: Apr 2001
Casino cash: $-328075
|
Think of it this way: That 5% match is a 100% return on your investment....
|
Posts: 12,685
|
04-06-2018, 12:04 PM | #1844 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
Yeah, but just to emphasize - a 100% TAX DEFERRED return on your investment, with both the investment and the match growing in a TAX DEFERRED manner as well. Honestly, if you aren't searching the couch for quarters, you shouldn't be cutting into that 5%.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
|
Posts: 43,125
|
04-06-2018, 02:54 PM | #1845 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-51532
|
Also, having a mix of traditional and Roth money in retirement gives you more flexibility in terms of tax avoidance in retirement. At least, for average joe's, I think this normally makes sense.
|
Posts: 6,427
|
|
|