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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 02-18-2021, 12:12 PM   #7411
KCUnited KCUnited is online now
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Shopping ZOM dips. That tech has to pop down the road, right?
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Old 02-18-2021, 12:14 PM   #7412
Mr_Tomahawk Mr_Tomahawk is offline
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Who’s gonna admit to bag holding for SNDL?!?!
I got out of that a week ago.

I did guuuud.
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Old 02-18-2021, 12:49 PM   #7413
Mr_Tomahawk Mr_Tomahawk is offline
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Old 02-18-2021, 12:52 PM   #7414
Hog's Gone Fishin Hog's Gone Fishin is offline
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Shopping ZOM dips. That tech has to pop down the road, right?
I actually sold some QQQE today so I could buy another 1000 shares of ZOM. It's a $10 stonk down the road easy. Rumor has it $6 by end of March.
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Old 02-18-2021, 01:11 PM   #7415
KCUnited KCUnited is online now
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I actually sold some QQQE today so I could buy another 1000 shares of ZOM. It's a $10 stonk down the road easy. Rumor has it $6 by end of March.
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Old 02-18-2021, 01:17 PM   #7416
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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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Old 02-18-2021, 01:37 PM   #7417
Iowanian Iowanian is online now
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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.
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Old 02-18-2021, 01:39 PM   #7418
Hammock Parties Hammock Parties is online now
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OK, gonna buy something here today.

ZOM, SNDL or NGA?
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Old 02-18-2021, 01:40 PM   #7419
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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....
https://www.nytimes.com/2018/02/02/y...h=login-google
https://www.reddit.com/r/investing/c...est_at_market/
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Old 02-18-2021, 01:44 PM   #7420
banyon banyon is offline
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Musk made $704m so far off his investment. That's assuming price when announced. Surely it's double that given that he was investing all year.
No question that he has played the game well.
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Old 02-18-2021, 01:59 PM   #7421
MTG#10 MTG#10 is offline
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Originally Posted by Hammock Parties View Post
OK, gonna buy something here today.

ZOM, SNDL or NGA?
Ebon, been researching them all day. Kicking ass and plenty of room to grow. Bitcoin mining equipment and setting up their own farm. Crypto is going to be huge this year.
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Old 02-18-2021, 02:07 PM   #7422
Hammock Parties Hammock Parties is online now
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Ebon, been researching them all day. Kicking ass and plenty of room to grow. Bitcoin mining equipment and setting up their own farm. Crypto is going to be huge this year.
this is just awful

no thanks
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Old 02-18-2021, 02:13 PM   #7423
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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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Old 02-18-2021, 02:15 PM   #7424
Hog's Gone Fishin Hog's Gone Fishin is offline
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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..
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Old 02-18-2021, 02:36 PM   #7425
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this is just awful

no thanks
100% disagree, but still interested in your reasoning.
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