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(╯°□°)╯︵ ┻━┻ Investments ┬─┬ノ( º _ ºノ)

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Oct 12, 2022 at 6:12 AM
    GarlicFarts

    GarlicFarts Bang Ding Ow

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    I got over-the-ear style for flights, I hated them other than blocking out the engine noise. I returned them after that. That was several years ago, I could be convinced to try another set of buds style.

    Yeah - I get a weekly-ish email from my mortgage guy (it's automated) with my price. I check it time to time, last month was the first time it went down (not by a huge amount but still) since 2017.

    upload_2022-10-12_9-2-11.jpg

    That's where we're at! We were pretty gung-ho on moving to Austin pre-Rona stuff.

    Now, Austin:
    1. The housing is bananaland. A similar house to ours up here that's worth (now) about 350-400 (the thing above says a shade under 400, but chances are we would go for 365-375ish, assuming it doesn't go down further in the next couple weeks) - in Austin? 1 mil, MINIMUM. And they're being bought up by developers making those shoebox glass-wall houses all over the place, and selling them for 3 mil. Here's one for 2.45m.

      upload_2022-10-12_9-4-49.jpg

      Honestly. WTF. That's bananas. 30 year, 7.7% (random quick google says that's todays rate o_O ), let's say 20% down is 500k (it's 490). 1.95m, 30 year, 7.7%. upload_2022-10-12_9-7-33.jpg
    2. Mortgage rates. Exactly like you just said. I am currently paying less than 10% of that above payment, on 2.625% for another 28 years (refid in Jan 2021). Is it warmer down there? Absolutely. It's also oppressively hot at times too. Anyway, here at least we're close to family. Why would we throw away 2.625%, where we're at is at least "southern" for the area, south of the rain snow line, and the cold is a lot less cold than further north (Maine, NH, etc).
    3. Not gonna lie, homeless population is no bueno. I won't get into that at all since could border into political, but it's a big problem for the cities in Texas.
    4. Randomly, Number 4 - we might both be up and gone for 6 months in 2024 for the Appalachian trail, so why move south for that, pay that premium for an empty place for 6 months.







    GOOD MORNING!
     
  2. Oct 12, 2022 at 6:39 AM
    theesotericone

    theesotericone Well-Known Member

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    HKD halted on an upswing. Get your day trading powder ready.
     
  3. Oct 12, 2022 at 6:53 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    OME 885x/5100s/LR UCA/3 leaf AAL/275/70/17 Terra Trac X-Venture
    98tacoma27 and theesotericone like this.
  4. Oct 12, 2022 at 6:54 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    OME 885x/5100s/LR UCA/3 leaf AAL/275/70/17 Terra Trac X-Venture
    FNGR banging again
     
  5. Oct 12, 2022 at 6:58 AM
    theesotericone

    theesotericone Well-Known Member

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    And BBIG is going on fire sale.
     
    98tacoma27 likes this.
  6. Oct 12, 2022 at 6:59 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    Imagine if I never bought BBIG :D
     
  7. Oct 12, 2022 at 7:01 AM
    theesotericone

    theesotericone Well-Known Member

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    You'd have found someplace else to lose 75% of your mattress fund. lol
     
  8. Oct 12, 2022 at 7:02 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    Preferably on options so it would happen fast. This crap is boring and forces me to average down
     
  9. Oct 12, 2022 at 7:16 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I still have 1000 @$3.69. I did a reentry :)
     
  10. Oct 12, 2022 at 7:56 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    upload_2022-10-12_10-53-35.jpg
    This was basically $1,000 of $GTii @$0.66 sitting for 1+ year in an IRA I started with some $GME profits... exited and put into $PEGY @$3.69....Sooo nice 1 month chart on this throw away account...It sat at ~$1K for a year
    upload_2022-10-12_10-56-15.jpg
     
  11. Oct 12, 2022 at 7:59 AM
    Chrisf06

    Chrisf06 Well-Known Member

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    I finally decided the volume was drying up on GTii and sold another big chunk at $5.15, of course it heads back up the next day on more volume. I still have 600 shares left for the moon shot though (and the warrants :anonymous:).
     
    98tacoma27 likes this.
  12. Oct 12, 2022 at 8:18 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Well technically it IS drying up...Volume is waning....for now. The crazy thing is this stock would routinely traded 50,000 shares a day with 35,000 short...I just can't place ALL that trust in the OTC system...
    upload_2022-10-12_11-18-2.jpg
     
    98tacoma27 likes this.
  13. Oct 12, 2022 at 8:21 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    99TacoDriver and 98tacoma27 like this.
  14. Oct 12, 2022 at 9:02 AM
    Chrisf06

    Chrisf06 Well-Known Member

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    I just chatted with E-trade to see if they would actually initiate a DWAC request for the shares from Liberty if I exercised my warrants. They told me they will not accept a transfer of any OTC stocks whatsoever into my brokerage account.

    I asked him if that meant that if I had $50k worth of OTC stocks in my Schwab account, and I requested to transfer all over to E-trade, that they wouldn't accept them - he said yes, that is correct.
     
    TreeFortRichard and 98tacoma27 like this.
  15. Oct 12, 2022 at 10:02 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    OME 885x/5100s/LR UCA/3 leaf AAL/275/70/17 Terra Trac X-Venture
    FNGR really making me regret going with GTii over more FNGR
     
    98tacoma27 likes this.
  16. Oct 12, 2022 at 10:23 AM
    Chrisf06

    Chrisf06 Well-Known Member

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    FNGR regret for me as well - how long will it run?
     
  17. Oct 12, 2022 at 10:43 AM
    ThunderOne

    ThunderOne Well-Known Member

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    prices are only one metric. Equivalent rent CPI is what you need to look at. Mortgage payments are going way up with the significant increase in interest rates and the drop in house prices is not enough to even that out. Therefore, "what an owner could rent their house for" is going to continue to go up. Plus it's a very laggy indicator (usually 3-6 months slow) AND it makes up a whopping 30% of the CPI

    https://www.investopedia.com/terms/o/owners-equivalent-rent.asp

    [​IMG]
     
    not_nick, 98tacoma27 and GarlicFarts like this.
  18. Oct 12, 2022 at 10:55 AM
    GarlicFarts

    GarlicFarts Bang Ding Ow

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    upload_2022-10-12_13-55-16.jpg

    It's okay we are not in a recession.
     
  19. Oct 12, 2022 at 12:14 PM
    theesotericone

    theesotericone Well-Known Member

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    I got my play account average down to $1.68. They really need to release earnings.
     
  20. Oct 12, 2022 at 12:33 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    OME 885x/5100s/LR UCA/3 leaf AAL/275/70/17 Terra Trac X-Venture
    PEGY blastin while FNGR banging

    couldnt resist
     

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