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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-21-2021, 12:51 PM   #9601
scho63 scho63 is offline
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This market has been in a complete slow moving rotation since Jan/Feb.

Out of growth, high tech and speculative and into stuff like Caterpillar, Phillip Morris, Kraft, Exxon Mobil, Boeing, etc.

The old school boring shit has had a great last 6 months.
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Old 05-21-2021, 02:59 PM   #9602
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Yes. Any taxable income for the year and as long as you don’t make more than $140k/year.
Eh, I think it has to be earned income.
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Old 05-21-2021, 03:11 PM   #9603
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Quote:
Originally Posted by Rain Man View Post
Eh, I think it has to be earned income.
God dammit you’re right. I’ll update my post. That’s what I get posting at work.
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Old 05-21-2021, 03:57 PM   #9604
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Refinanced my mortgage today through UWM. Not sure why I waited so long but figured I'd help the cause since I own so many shares. Knocked 8 years off my loan and my monthly payment dropped $50. 2.875%, not as good as some I've seen but better than what I was paying.
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Old 05-21-2021, 03:59 PM   #9605
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by MTG#10 View Post
Refinanced my mortgage today through UWM. Not sure why I waited so long but figured I'd help the cause since I own so many shares. Knocked 8 years off my loan and my monthly payment dropped $50. 2.875%, not as good as some I've seen but better than what I was paying.
That's awesome. Congrats!
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Old 05-21-2021, 04:46 PM   #9606
ChiliConCarnage ChiliConCarnage is offline
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Originally Posted by Buehler445 View Post
Not that I'm disagreeing, but where are you reading that there is a lot of liquidity tied up in checking and savings accounts? My wife doesn't seem to have trouble finding places to dump my cash.

If the velocity of money were to improve that would definitely help.
https://www.businessinsider.com/stim...reserve-2021-4

Look at the Fed personal savings chart. Pretty crazy.

https://fred.stlouisfed.org/series/PSAVERT
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Old 05-21-2021, 04:51 PM   #9607
lewdog lewdog is offline
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Quote:
Originally Posted by MTG#10 View Post
Refinanced my mortgage today through UWM. Not sure why I waited so long but figured I'd help the cause since I own so many shares. Knocked 8 years off my loan and my monthly payment dropped $50. 2.875%, not as good as some I've seen but better than what I was paying.
Nice man!

I used them earlier this year to refinance and it was super smooth and quick.
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Old 05-21-2021, 07:37 PM   #9608
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Quote:
Originally Posted by Rain Man View Post
Eh, I think it has to be earned income.
It does. But surely he has some earned income, right?

Quote:
Originally Posted by ChiliConCarnage View Post
That’s wild. Great stuff. This is literally the first I’ve heard anyone talking about it. Thanks.

The unfortunate thing is that without a government shut down and fear mongering most of that money would have went to business. Probably local business because big business didn’t shut down.
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Old 05-21-2021, 07:47 PM   #9609
neech neech is offline
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Quote:
Originally Posted by MTG#10 View Post
Refinanced my mortgage today through UWM. Not sure why I waited so long but figured I'd help the cause since I own so many shares. Knocked 8 years off my loan and my monthly payment dropped $50. 2.875%, not as good as some I've seen but better than what I was paying.
If you had told them you were a major shareholder in their company they would’ve lit you a cigar, poured you a glass of the finest brandy and treated you like a big shot. You missed your chance.

I’ve told people about refinancing and to take advantage of it some people just will not do it. I never understood that.
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Old 05-21-2021, 07:50 PM   #9610
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Quote:
Originally Posted by neech View Post
If you had told them you were a major shareholder in their company they would’ve lit you a cigar, poured you a glass of the finest brandy and treated you like a big shot. You missed your chance.

I’ve told people about refinancing and to take advantage of it some people just will not do it. I never understood that.
I actually did tell the girl, she just said "Oh that's wonderful thank you so much!" and went back to business.

Guess a measley 1000 shares wouldn't be considered "major" though.
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Old 05-21-2021, 07:52 PM   #9611
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Originally Posted by MTG#10 View Post
I actually did tell the girl, she just said "Oh that's wonderful thank you so much!" and went back to business.

Guess a measley 1000 shares wouldn't be considered "major" though.
Maybe they were out of cigars and fine brandy.
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Old 05-21-2021, 09:04 PM   #9612
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It does. But surely he has some earned income, right?
My impression is that he was talking about after retirement. I don't think being a gigolo to widows is technically earned income.
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Old 05-23-2021, 07:11 PM   #9613
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I haven't been able to stomach SNL for years, but watched last night because the most beautiful woman in the world was hosting...anyone catch the last skit making fun of AMC at the end? Pretty random, almost seems like shorts are not only paying people to spread FUD online but now SNL. I'm half-joking on that last part.
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Old 05-24-2021, 09:52 AM   #9614
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Let’s ****ing go bitches!
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Old 05-24-2021, 02:52 PM   #9615
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A nice day for stocks.
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