|
11-30-2022, 05:23 PM | #13156 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
What is everyone thinking on interest rates? Locally rates savings accounts have improved slightly (still terrible), but with the movement in rates, it might be worth trying to manage my cash position a little more intensively.
What are you guys doing? How much of a rate improvement would you consider opening an account and moving money for? Any other options out there? I have some operating capital in a corporation that will be idle for a few months, I've considered picking up a 3 month CD for a portion of it. Should I be looking for something else? It's been a long time since interest rates have been enough to worry about. |
Posts: 57,836
|
11-30-2022, 05:31 PM | #13157 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
Quote:
I'm an idiot, but I'm selling a bit of SPY and buying Deere (DE). I had exited because I was worried about production problems/delays impacting earnings. Which they should be hitting. I was wrong. That bitch is outrunning SPY at the moment. I'm going to do some set it and forget it positions there, and if the price falls, I'll just keep the dividends. |
|
Posts: 57,836
|
11-30-2022, 05:54 PM | #13158 |
Spooky Action
Join Date: Dec 2003
|
Don't have Tesla stock anymore myself, sold it awhile back before the most recent split. No regrets there. Would be happy to see my mutual fund drop it out of its top ten holdings too. Nothing like an erratic and unpredictable (to me) CEO to lower future confidence.
|
Posts: 6,430
|
11-30-2022, 08:48 PM | #13159 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
Quote:
Take a look at BDN. |
|
Posts: 52,400
|
11-30-2022, 09:37 PM | #13160 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
|
Posts: 57,836
|
12-01-2022, 06:01 AM | #13161 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
|
Posts: 52,400
|
12-21-2022, 01:29 PM | #13162 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
This is a useful link for calculating what you'll have saved for retirement (at what age you choose) and can be used to predict how long your money may last. You can manipulate variables to see how much you should be contributing, what you plan to live on in retirement and how you'll need to adjust if you're behind your goals.
https://www.nerdwallet.com/investing...ent-calculator |
Posts: 46,113
|
12-22-2022, 08:47 AM | #13163 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
This market is like the old medieval racks.
They turn the wheel a little more each day to add more pain. |
Posts: 52,400
|
12-22-2022, 09:04 AM | #13164 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
HOW'S THAT AMC SHORT SQUEEZE COMING ALONG MTG#10?
|
Posts: 52,400
|
2 0 |
12-22-2022, 10:35 AM | #13165 |
Fish are scared of me
Join Date: Nov 2001
|
I made almost $500 this morning off that sell off. In at $4.00 out at 4.60 AMC has turned into a swing trading paradise. I've been playing several of these revers splits and doing pretty well. CEOs have learned to Shotgun a reverse split and trap short positions into immediately having to cover. They need to do a ticker change to do it right. Adam AAron the AMC CEO is going about it all wrong. He's AND idiot! If he would have just shotgunned the APE shares, Immediate RS and change the ticker to ASS , it would have worked perfectly. |
Posts: 40,635
|
12-22-2022, 10:51 AM | #13166 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
My stocks are getting crushed like grapes during wine harvest.
|
Posts: 52,400
|
12-22-2022, 11:34 AM | #13167 |
Fish are scared of me
Join Date: Nov 2001
|
SOXS was the play today. Any time the SPY is tanking ,thats the one to be in. I sold mine to early and left money on the table. Liquidated ALL my long term stocks a while back and only day and swing trade now. I was tired of watching my "Long term portfolio drain. |
Posts: 40,635
|
1 0 |
12-22-2022, 11:39 AM | #13168 |
Mortgage the Future Please
Join Date: Apr 2006
Location: Diontae Johnson dreamland
|
I'm putting 750k into a 4.35% Ally CD.
This is the part you guys tell me how stupid I am. Seems like a good deal to me. No risk. I dont have to pay a financial advisor to potentially lose money for me and I dont have to do.....anything. Thats the best part. 33k to sit on my ass. Sold. |
Posts: 48,853
|
12-22-2022, 11:43 AM | #13169 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
|
Quote:
|
|
Posts: 44,079
|
12-22-2022, 11:45 AM | #13170 |
Mortgage the Future Please
Join Date: Apr 2006
Location: Diontae Johnson dreamland
|
|
Posts: 48,853
|
|
|