Money Investing megathread extravaganza - Page 181

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Buehler445** · 02-25-2019, 02:15 PM

Quote:

Originally Posted by ChiefGator

Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.

Was unexpected, and the first time this has happened, due to:

1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.

2) First year I have had significant mortgage interest to deduct.

3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.

4) Still have my high paying day job, which is where I paid all the taxes from to start with.

Hey man. Don’t file yet. Let me get home and I’ll PM you.

Hammock Parties · 02-25-2019, 02:18 PM

IQ only down 1%

very good news

lewdog:

Hammock Parties · 03-05-2019, 07:15 PM

IQ: brief dip and then back up again today...me rikey

ChiliConCarnage · 03-05-2019, 07:44 PM

Quote:

Originally Posted by Hammock Parties

IQ: brief dip and then back up again today...me rikey

News for China has been good of late. Tax cuts. YY/Huya reported last night and were up 13 and 20%. Tencent was up 5 percent or so today. A lot of those are really beat up assets from the last year.

It seems fidelity and Schwab doubled their free trade ETFs up to 500 or so. Schwab has some ishares ETFs now. I was looking through the list the other night.

**lewdog** · 03-05-2019, 07:46 PM

Quote:

Originally Posted by Hammock Parties

IQ: brief dip and then back up again today...me rikey

By my calculations you are still down about 32%?

Hammock Parties · 03-05-2019, 07:59 PM

Quote:

Originally Posted by lewdog

By my calculations you are still down about 32%?

i don't remember and i don't care

if i get it back to within 15% of what it was i'm selling it all and finding a nice cozy ETF to love me tender

**lewdog** · 03-05-2019, 08:23 PM

Out of PFE for a 2.5% profit in 9 days last week.

Need another short term play.........

Hog's Gone Fishin · 03-05-2019, 10:13 PM

Quote:

Originally Posted by lewdog

Out of PFE for a 2.5% profit in 9 days last week.

Need another short term play.........

Good job, that's what I'm doing this year and been winning 75% of trades so far.

This guy puts up stuff weekly I've been using a play or two from playing momentum.

http://dennismccain.weebly.com/new-highs

Discuss Thrower · 03-06-2019, 02:34 PM

So I got an email stating that I'm eligible for a short term period of 9.9% interest on my Chase SWA Rewards card. And just now I was reminded that I activated a 15% 'bonus' rewards on rewards points earned via the Chase SWA Rapid Rewards card.

The fine print that I failed to notice initially on this bonus offer is that you need a minimum of 15,000 points posted to your account solely from the credit card during the bonus period. Could be reckoning incorrectly here, but the cheapest way you could do that would be by spending $7,500 on Southwest Airlines bookings or bookings through their affiliates.

The low rate enticement + this bonus with a high hurdle to meet makes me think $JPM has a cash flow issue on their 6-12 month horizon..

Great Expectations · 03-06-2019, 02:55 PM

With the prime rate increasing the credit card companies have seen increased earnings. Most of the cards have a very high rate tied to prime.

Discuss Thrower · 03-06-2019, 02:58 PM

Quote:

Originally Posted by Great Expectations

With the prime rate increasing the credit card companies have seen increased earnings. Most of the cards have a very high rate tied to prime.

I mean yes but it seems to me they're trying to up their card holder's balances which feels like they're looking for "free" cash (for want of a better term) in a relatively small window.

Nightfyre · 03-06-2019, 03:28 PM

Quote:

Originally Posted by Discuss Thrower

I mean yes but it seems to me they're trying to up their card holder's balances which feels like they're looking for "free" cash (for want of a better term) in a relatively small window.

Your theory is that they have a liquidity crunch do they are adding credit card loans? If so, the logic seems flawed to me. If they have a liquidity crunch, they will not aggressively seek loans without securing additional or corresponding funding.

Discuss Thrower · 03-06-2019, 03:31 PM

Quote:

Originally Posted by Nightfyre

Your theory is that they have a liquidity crunch do they are adding credit card loans? If so, the logic seems flawed to me. If they have a liquidity crunch, they will not aggressively seek loans without securing additional or corresponding funding.

Maybe not a simple liquidity crunch but it seems like they're trying to oomph non-mortgage related consumer debt income.

Further, they're targeting people with exisiting accounts and not necessarily increasing the amount of total revolving debt.

I have a notion they're looking for more income without changing their balance sheet as it matters to ensuring their RoE / RoA isn't drastically impacted as it pertains to Federal regs... if those even matter I guess since they're so ****ing big.

Great Expectations · 03-06-2019, 04:11 PM

It might be a new model for them. A lot of them have stopped offering 12 months interest free as people have been taking advantage of the offer then switching to a new 12 month interest free card 12 months later.

Hammock Parties · 03-06-2019, 09:39 PM

UGH

Someone gave me cause to go check out Ubiquitis networking products today...very cool shit.

Then I remembered...wait...didn't you BUY THEIR STOCK?

Went into my e-mail and realized yup...you did...five years ago...at $45/share.

Sold it at $44 and now it's at $145.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $16899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,559

02-25-2019, 02:18 PM	#2702
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $2700478	IQ only down 1% very good news lewdog: __________________ Chiefs game films
Posts: 289,154

03-05-2019, 07:15 PM	#2703
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $2700478	IQ: brief dip and then back up again today...me rikey __________________ Chiefs game films
Posts: 289,154

03-05-2019, 08:23 PM	#2707
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-78100	Out of PFE for a 2.5% profit in 9 days last week. Need another short term play......... __________________ 2024 Royals game thread record 3-0
Posts: 46,155

03-06-2019, 02:34 PM	#2709
Discuss Thrower "You like to drink?" Join Date: Jun 2006 Location: "I like to drink." Casino cash: $1246869	So I got an email stating that I'm eligible for a short term period of 9.9% interest on my Chase SWA Rewards card. And just now I was reminded that I activated a 15% 'bonus' rewards on rewards points earned via the Chase SWA Rapid Rewards card. The fine print that I failed to notice initially on this bonus offer is that you need a minimum of 15,000 points posted to your account solely from the credit card during the bonus period. Could be reckoning incorrectly here, but the cheapest way you could do that would be by spending $7,500 on Southwest Airlines bookings or bookings through their affiliates. The low rate enticement + this bonus with a high hurdle to meet makes me think $JPM has a cash flow issue on their 6-12 month horizon.. __________________ Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
Posts: 44,265

03-06-2019, 02:55 PM	#2710
Great Expectations MVP Join Date: Dec 2008 Location: Joplin, MO Casino cash: $12152338	With the prime rate increasing the credit card companies have seen increased earnings. Most of the cards have a very high rate tied to prime. __________________
Posts: 7,277

03-06-2019, 04:11 PM	#2714
Great Expectations MVP Join Date: Dec 2008 Location: Joplin, MO Casino cash: $12152338	It might be a new model for them. A lot of them have stopped offering 12 months interest free as people have been taking advantage of the offer then switching to a new 12 month interest free card 12 months later. __________________
Posts: 7,277

03-06-2019, 09:39 PM	#2715
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $2700478	UGH Someone gave me cause to go check out Ubiquitis networking products today...very cool shit. Then I remembered...wait...didn't you BUY THEIR STOCK? Went into my e-mail and realized yup...you did...five years ago...at $45/share. Sold it at $44 and now it's at $145. __________________ Chiefs game films
Posts: 289,154