Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

From the beginning, my thought on Uber and Lyft has been they are just waiting for autonomous cars.. Once autonomous cars are available they won’t need to pay drivers..

I see a bunch of electric autonomous vehicles in the future for Lyft and Uber..

Edited.. Stupid phone..

 

Agreed, but Amazon went from a book seller to what they are now; Netfilx went from mailing DVD rentals to what they are now. I am kind of just saying blindly throwing money into IPOs, ignoring them for a decade, might be profitable. I won't do it though lol

 

help me make sense of these documents. i found a fixer upper and will use it as an example.
it seems the owner for the last 10 years did a refinance and the financial institute gave him 192k on this place?

EDIT: and i saw what looks to be the mold on the ceiling. I'm just trying to make sense of the documents.

https://www.zillow.com/homedetails/161-Saint-Charles-Dr-Helena-AL-35080/197678_zpid/

https://ptc.shelbyal.com/CA_PropertyTaxParcelInfo.aspx?ParcelNo=13 5 21 2 000 005.050&TaxYear=2019

 

How much longer until put options are on LYFT? Might stick my toe into options...

 

I think Peter Thiel in his book "Zero to One" made the opposite observation. In fact, he referenced one fund that was an early investor in Instagram and they made mad bank on that fabulous investment, but lost on nearly every other investment leaving them negative in total.

Edit for clarity: He concluded that it's better to invest in fewer companies that you believe in rather than a large pool with lots of losers.

 

I am glad to hear someone tried it so I don't have to wonder what might happen.

 

Who remembers the "Amazon.org" jokes in the early 2000s?

 

I dont understand this chart
The interest is way off, or you are taking inflation as a instant rebate to the interest on the loan?

Also if your charting 15v30 then what about the 15 can pay off a another house in same time frame and have 2-300k houses?

 

The payment is the payment. That's what I was going off of. Interest is included in the monthly payment. And inflation reduces the real amount of the payment over time. Also not including tax writeoffs here.

What you're looking at is the payment schedule and how inflation affects that over time (interest already packaged in)

 

don't forget about me lol

 

That house where like live would be over $600k
Lucky

I only see $124 price listed, may have been short sale, but seeing the price is depressing so stopped reading

 

could you not open that second link?

 

I cant really read it, but your property taxes are super cheap to!

Only thing i can see it land value is 40k and house 105k? But previous sale at 192k or is that a tax assesment?

 

that's what I need, someone who can explain it to me.

 

Probably what you are paying taxes on is 192k
But for sale much cheaper or valued cheaper

 

I think that spread sheet is way off.

Most, if not all, people who take a 15 year notes will be making extra payments every year. Those extra payments go entirely towards the principle. The true interest rate is now actually lower.

 

AMEN

 

is the low amount of $50k a year still considered great income where you guys live?

idk how people do it.

 

Don't you mean 30 year? It wouldn't be wise to make earlier payments if you could invest in a market with 5% return and there's any small amount of inflation. Prove me wrong and show me the numbers.