Still think TITNC3: Return of the Iceberg was peak

Got a 13 years to go on a 2.5% 15y FRM

 

I was genuinely curious how they compared.



450k loan (so ballpark 500k house I guess). Payments are about 45$ a month higher, total interest about 15k higher.

"It's only .1%"

Nice. We could have gone for a 15 or 20 when we did our refi in Jan '21, but we stuck with the 30 and we can pay more aggressively if we want. But with 2.625%... it doesn't really make sense to be more aggressive than paying on the schedule, any extras just dump into investments and we're better off.

 

You entirely skipped the relevant timeframe, which was daily surveys occurring yesterday:

https://www.mortgagenewsdaily.com/mortgage-rates/30-year-fixed

With economic news and market developments today, they have now dropped slightly below 7% for the moment.

Statement was accurate when it was made.

 

Additionally note that a $500k house you would have to have 20% down (~$100k down with a loan of ~$400k) in order to qualify otherwise you would also be paying a second mortgage or PMI; actual loan of $450K would be a home purchase with closing costs of around $575k of which the actual down payment would be around $115k.

Yes that $45/ month will disqualify some on D2I ratio. I am not saying that they are not similar, but they are not the same. I think almost any home owner would be happy to have an extra $45/ month not paid to a bank. In essence you're giving the bank $500 each year for that 0.14% interest rate difference.


I find numbers fun, so exercises like this are always fun to discuss?

 

Fair enough.

 

lol @ BBIG closing flat.

And oh look! Just below those $1 option strikes!

 

know what's really fun? running the mortgage numbers on this kind of bull shit lol. price range is 0-3m. All housing types except empty lots

 

The biggest factor for me would be long vs short term gains/taxes...
BIG difference...

 

AND you have to live there in February...It's one degree Lat further north than me...and it's already too damn dark!

 

all shares are long term. I considered that aspect as well

 

i LOOOOOOVE february. best snow of the year usually, not the safest, but its usually very good

 

Bro why are you looking in Jackson?

It's north BUT it's dark an hour later. It's the extreme west of the time zone. I saw sunset on lake Michigan at like 10pm.

 

Dat "Raceway"

It's like Talladega...


I work at the intersection of 495 and 95....and Live at the intersection of 290 and 495

 

Lol. I'm going for the pumpkin smash race. I had a coworker who taught me if you feel like your kids are being stupid go to the speedway for the monster trucks. You'll come out realizing oh damn my kids got a shot.

495/95 isn't too bad other than rush hours. I typically take 95 and then swing 495 all the way up to 93 when I go north. 95 to 93 blows.

 

The trap is set. Courts done. I'll post a link to the executed settlement agreement if you want to read it. That's what I'll be doing for the next hour. With all that DP trading they still couldn't push it down. If earnings are good and if the merger gets approval this will move.

OCT, NOV, DEC, JAN options chains all stacked. If you add in the hidden BBIG1 chain that stackedness is seriously bad for shorts if this starts to run. If you look at this weeks $1 calls the delta's only at .48. Gamma is off the fucking charts at 2.89. Not only do shorts need this to close under $1 Friday but the MM's do as well. 12.2K $1 calls and 14.8K $1.50 calls. They can't let it get away from them. But it just might. lol


https://drive.google.com/file/d/1OVlRDDb3rua5ptXvbw_-xSqNsuKQsrYB/view

 

So, it’ll trade between .95 and 1.1 and be back at .98 Friday at close? Got it

 

Pretty much. Top Bolinger Band is $1.11. Lower band is $0.88. I doubt it goes below but if it breaks the upper band the next resistance is $1.25. If it breaks that there's gaps needing to be filled at $2.10-$2.35, $3.50-$3.75, $4.40-$5.00 and a tiny gap at $7.50. It will take months or more to fill all those but they will fill.

 

Word.

Correct.

I'd be fine with an eventual 7.5 to 8 bagger.

And I am 100% 'zen', as the kids say these days, because again this is gamblefolio and I 100% have no need for it. Shit can be handed down to my kid when I die for all I care.

 

Colucci and Jones have 24 hours to submit written resignations to Vinco. The 8K cannot be filed until that happens. So, at worse, that 8K is released tomorrow AH's. The 10K should follow very soon after. I really want to see Adrizers portion of earnings.

 

Also, if we could go ahead and get a TikTok ban, that'd be greaaaaaat.