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02-18-2021, 12:12 PM | #7411 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $268244
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Shopping ZOM dips. That tech has to pop down the road, right?
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Posts: 35,608
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02-18-2021, 12:14 PM | #7412 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1470526
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I got out of that a week ago.
I did guuuud.
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Adopt-A-Chief: John Dorsey
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Posts: 18,469
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02-18-2021, 12:49 PM | #7413 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1470526
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Adopt-A-Chief: John Dorsey
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Posts: 18,469
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02-18-2021, 12:52 PM | #7414 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-179523
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Posts: 40,651
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2 0 |
02-18-2021, 01:11 PM | #7415 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $268244
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Posts: 35,608
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02-18-2021, 01:17 PM | #7416 |
"I'm with you fellers"
Join Date: Oct 2008
Casino cash: $4515490
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Virtually all of my investments are tied up in a variety of things but I have fun gambling a few dollars on penny stocks that I think have a shot at going to $1.00 or more. It’s cheap and fun and one day one may hit and make 100 or more times my investment. Once I buy one I don’t sell it and I buy100 dollars worth of it. Most of these stocks are .00xx or even cheaper so I usually end up with 10000 or more stocks. It’s fun and I enjoy the research. Anyway I ran across something interesting on reddit and would be interested in your thoughts....
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"I'm with you fellers" Last edited by Mr. Wizard; 02-18-2021 at 01:22 PM.. |
Posts: 745
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02-18-2021, 01:37 PM | #7417 |
Supporter
Join Date: Aug 2000
Location: Utopia
Casino cash: $3328454
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I've been getting slaughtered this week.....so i sold a year long loser and reloaded dips on my cheaper stocks.
I sure hope there is a friday run, but I expect Monday will be the green day. |
Posts: 62,440
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02-18-2021, 01:39 PM | #7418 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2690478
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OK, gonna buy something here today.
ZOM, SNDL or NGA?
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Chiefs game films |
Posts: 289,172
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02-18-2021, 01:40 PM | #7419 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
https://www.reddit.com/r/investing/c...est_at_market/ |
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Posts: 53,803
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02-18-2021, 01:44 PM | #7420 |
Supporter
Join Date: Aug 2005
Location: Hermosa, SD
Casino cash: $10176551
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No question that he has played the game well.
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“When war breaks out people say: 'It won't last, it's too stupid.' And war is certainly too stupid, but that doesn't prevent It from lasting.” ~Albert Camus, The Plague. |
Posts: 44,355
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02-18-2021, 01:59 PM | #7421 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7194386
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Posts: 11,434
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02-18-2021, 02:07 PM | #7422 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $2690478
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Quote:
no thanks
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Chiefs game films |
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Posts: 289,172
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02-18-2021, 02:13 PM | #7423 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
Casino cash: $4653400
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"Time in the market is more important than timing the market."
I understand this, but I keep holding most of my cash and waiting for that next recession. Should've bought more last March.
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Dilly Dilly! |
Posts: 2,633
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02-18-2021, 02:15 PM | #7424 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-179523
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WOW, I feel like a fool! I thought I knew it all about mortgages and financing property but I was just awakened after talking with my banker. Let this be a lesson for everybody.
So, since I'm stuck in the house with too much time on my hands and go into my mortgage accounts to review payment historys. I have 3 mortgages with 30 year/5 yr arms. When I originally took these out I planned to make extra principal payments to get them to 15 year loans which is what I did for the first 5 years on each account. All my other mortgages I've always done 15 yr/5 yr arms. So in reviewing a property I bought in 2013 I noticed the principal portion of my payment dropped from $379 down to $119 the following month at the 5 yr mark. So then I look at a property I bought in 2009 and same thing when it adjusted in 2014 and same thing when it adjusted in 2019. And sfter the first 5 year marks I had quit making additional principal payments because I had paid enough EXTRA to knock out 15 years. So I just called my banker and questioned what was going on and he explains to me that when it adjusts the bank system says this is a 30 yr note so it adjusts it back to the balance of years (which basically just reduces your principal each month. So the bottom line is a 30 year loan is a 30 year loan unless you have the ability to pay it in full at some point. I've never seen this discussed or explained , EVER . And I've read tons of books and info. This really makes me upset because I thought I knew it all. So , In hindsight the problem lies in having a 5yr ARM instead of a fixed loan for the whole term it appears. Last edited by Hog's Gone Fishin; 02-18-2021 at 02:27 PM.. |
Posts: 40,651
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02-18-2021, 02:36 PM | #7425 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7194386
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Posts: 11,434
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