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-   -   Money Investing megathread extravaganza (https://www.chiefsplanet.com/BB/showthread.php?t=300589)

Unclesam 09-19-2018 05:51 PM
I started investing when I was 24. 5k per year Roth IRA. Will be millionaire.

lewdog 09-19-2018 05:53 PM
Quote:
Originally Posted by Hammock Parties (Post 13746680)
Nope. IQ is still an ass.

I'm thinking about taking that money out and making a few investments in Mahomian Stocks.
IQ still blows. When it spikes, I sell a covered call to at least make some money. Once it gets back above $30 I will be looking to sell.

Alibaba is killing me too. ****ing China!!!

Quote:
Originally Posted by Rain Man (Post 13746695)
I have some apple and it's been great. I'll keep it. But I still kind of wonder why that stock is so valuable. They're in a field that has lots of competition, and their niche seems to be user interface and cult loyalty. The first one of those is easy to lose as soon as someone else comes up with a great idea. I think the second one lasts as long as the first one is in place.

So I've got some, but I don't think I'd keep buying more.
They are a cash heaven and are well run, that's why it's so valuable. They are always innovative and have secured cult status for many. The stock buybacks will continue to keep the stock price nice and healthy as well.

Smart move Rainman.

Unclesam 09-19-2018 05:54 PM
I have my Roth IRA through Betterment. Should I switch to Vanguard?

Munson 09-19-2018 06:02 PM
I had some Apple stock for several years, but sold it off when it was edging down back in June.

And with my shitty luck, with a couple of weeks, it starts climbing up and eventually gains about $30/share.

I might buy back in before the end of the year.

EPodolak 09-19-2018 07:52 PM
Quote:
Originally Posted by Rain Man (Post 13746695)
I have some apple and it's been great. I'll keep it. But I still kind of wonder why that stock is so valuable. They're in a field that has lots of competition, and their niche seems to be user interface and cult loyalty. The first one of those is easy to lose as soon as someone else comes up with a great idea. I think the second one lasts as long as the first one is in place.

So I've got some, but I don't think I'd keep buying more.
It's a great brand, and they've got enough cash to buy one of Earth's hemispheres. Lot's of means for innovation and who know's what else that they can pursue in decades to come.

I'm not a buyer beyond what I own, but if I was younger I wouldn't hesitate.

lewdog 09-19-2018 08:51 PM
Quote:
Originally Posted by EPodolak (Post 13746916)
It's a great brand, and they've got enough cash to buy one of Earth's hemispheres. Lot's of means for innovation and who know's what else that they can pursue in decades to come.

I'm not a buyer beyond what I own, but if I was younger I wouldn't hesitate.
Their cash stream is truly remarkable. Literally insane.

I sold all my shares around $210 for a nice profit but am thinking of buying back if it continues to dip more.

EPodolak 09-19-2018 10:19 PM
Quote:
Originally Posted by lewdog (Post 13747022)
Their cash stream is truly remarkable. Literally insane.

I sold all my shares around $210 for a nice profit but am thinking of buying back if it continues to dip more.
Heh, sorry man. My comment was practically a repost of yours just above. Too lazy to read sometimes.

lewdog 09-20-2018 04:59 PM
Today was a fun day.

More days like today please.

Demonpenz 09-21-2018 07:00 AM
XRP is up 43 percent today

Hammock Parties 09-21-2018 03:14 PM
Quote:
Originally Posted by lewdog (Post 13748415)
Today was a fun day.

More days like today please.
the chinese are flipping assturds

lewdog 09-21-2018 07:34 PM
Quote:
Originally Posted by Hammock Parties (Post 13750622)
the chinese are flipping assturds
I've been making money.

Not on IQ or BABA though. :cuss:

ChiliConCarnage 09-27-2018 03:43 PM
Quote:
Originally Posted by DaFace (Post 13663390)
Driven by this:

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Am considering taking Tesla private at $420. Funding secured.</p>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1026872652290379776?ref_src=twsrc%5Etfw">August 7, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Quote:
Originally Posted by petegz28 (Post 13663578)
It had also better be legit or he can find his ass in a lot of trouble with the SEC.
Welp.. Tesla down big on the news the SEC is suing Musk. It's not a big surprise, you can't really come up with 70+ billion in funding to go private without significant conversations over a long period that would have leaked out.

Buehler445 09-27-2018 03:46 PM
Quote:
Originally Posted by ChiliConCarnage (Post 13768090)
Welp.. Tesla down big on the news the SEC is suing Musk. It's not a big surprise, you can't really come up with 70+ billion in funding to go private without significant conversations over a long period that would have leaked out.
I haven’t seen anything. What are they suing him for?

DaFace 09-27-2018 04:03 PM
Quote:
Originally Posted by Buehler445 (Post 13768101)
I haven’t seen anything. What are they suing him for?
If you're asking what the punishment might be, it sounds like they could ban him from being an executive with any public company (like Tesla).

https://www.bloomberg.com/news/artic...ocket-jml0ca0m

Quote:
It sought unspecified monetary penalties and added a market-rattling request -- that a judge bar Musk from serving as an officer or director of a public company.
Honestly, that might not be the worst thing in the world. The dude clearly needs to step back a bit and get some sleep.

Buehler445 09-27-2018 04:15 PM
Quote:
Originally Posted by DaFace (Post 13768153)
If you're asking what the punishment might be, it sounds like they could ban him from being an executive with any public company (like Tesla).

https://www.bloomberg.com/news/artic...ocket-jml0ca0m

Honestly, that might not be the worst thing in the world. The dude clearly needs to step back a bit and get some sleep.
Man I’ve apparently paid zero attention. So the SEC dinged him for not disclosing shareholder activity?

I didn’t think the SEC filed lawsuits. I thought they levied criminal charges.

RE: Musk. Yeah. I watched him on the Joe Rogan Podcasr and he looked and sounded like he’ll.


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