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08-02-2020, 07:01 PM | #5791 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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OH! As a side note, brokerages are now pumping options as a viable investment. It makes them lots of money. Stay away! If you want to dabble into options start with covered calls. It's not great but you won't lose your ass.
Last edited by Stewie; 08-02-2020 at 07:06 PM.. |
Posts: 13,705
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08-03-2020, 08:14 PM | #5792 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,779
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08-03-2020, 08:23 PM | #5793 |
I'll be back.
Join Date: Nov 2002
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Posts: 286,034
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08-03-2020, 11:16 PM | #5794 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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I have a car payment for the first time in 5 years. Blech.
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Posts: 57,707
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08-04-2020, 06:16 AM | #5795 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
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Posts: 41,174
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08-04-2020, 08:21 AM | #5796 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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How ****ed are we going to be in Dec when so many companies are going to miss their numbers since people aren't going to black Friday shop? Many base their yearly budgets on that day, hence the word "black". I'm starting to think I might take my profits, but I know taxes are going to take out a big chunk because I haven't let it sit a year.
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Posts: 14,404
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08-04-2020, 11:41 AM | #5797 |
Veteran
Join Date: Jan 2003
Location: Home in KC
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Curious to see what nikola does after hours in regards to earning report.
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Posts: 4,217
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08-04-2020, 12:34 PM | #5798 |
I'll be back.
Join Date: Nov 2002
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Posts: 286,034
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08-04-2020, 01:47 PM | #5799 | |
Veteran
Join Date: Jan 2004
Location: Lawrence
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Quote:
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Posts: 1,118
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08-04-2020, 03:18 PM | #5800 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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I'll jump in on a Tuesday because there was significant news.
The bond market and US Treasury debt is now offering negative returns. Those big pension funds that are already underfunded are being asked to pay these financial instruments for holding their money. Virgin Atlantic filed for bankruptcy today. One of the best run airlines in the world is asking for billion$ from the UK and US (and their debtors) to keep afloat. They will run out of money next month. Wanna invest in airlines? Novavax, one of the darlings in the Covid-19 vaccine world is getting hammered after hours. Their vaccine is not meeting expectations. That stock has gone meteoric since March. This is the risk in investing in the winner to the race to a vaccine. Real estate and gold continue their move to the upside. Good investing and make lots of money in this weird market. Stewie Last edited by Stewie; 08-04-2020 at 03:39 PM.. |
Posts: 13,705
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08-04-2020, 03:41 PM | #5801 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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Posts: 13,705
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08-04-2020, 04:23 PM | #5802 |
I'll be back.
Join Date: Nov 2002
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Posts: 286,034
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08-04-2020, 04:25 PM | #5803 |
I'll be back.
Join Date: Nov 2002
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Posts: 286,034
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08-04-2020, 04:30 PM | #5804 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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Posts: 13,705
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08-04-2020, 04:34 PM | #5805 |
Banned
Join Date: Jan 2013
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