Home Mail Chat Wallpapers
Go Back   ChiefsPlanet > The Lounge

Reply
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26984
Personal finance and investing megathread extravaganza

I know lewdog (and maybe others) have mentioned the desire to have a place to chat about personal finance stuff. We'll see if there's enough interest to keep this going in the long-term, but at least for now, here's a place to chat about whatever personal finance topics come up.

Posts: 35,668
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
  Reply With Quote
Old 12-06-2017, 09:21 AM   #1456
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
X getting a boost today

10:04 AM ET 12/6/17
Symbol Last % Chg
X
31.93 7.04%
Quotes delayed at least 15 minutes

The preliminary found that imports of Chinese steel that is finished in Vietnam are covered by U.S. antidumping and countervailing duty orders on imports from China. As a result of DOC's preliminary decision, U.S. importers of cold-rolled and galvanized steel from Vietnam must make cash deposits equal to the applicable duties. DOC's final decision could be as early as February 2018.

"The Commerce Department's finding of circumvention represents a critical step to shutting down one of the many paths used to flood the U.S. with dumped and subsidized steel. This decision presents an encouraging sign for the steel industry and should put other countries and companies on notice that their cheating will no longer be tolerated. We urge Secretary Ross and President Trump to continue to aggressively crack down on unfairly traded steel imports, including immediate and broad action in the Section 232 investigation on steel imports and national security
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-06-2017, 09:24 AM   #1457
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-5000
Quote:
Originally Posted by lewdog View Post
I think the light bulb finally clicked fully today. Thanks!

So naked call writing is so dangerous because you own nothing to start. If you placed a strike on X at let's say $32, but the stock actually hits $40, you'd have to go and purchase the stock at $40 on the open market and sell it for $32 right? Thus taking a huge hit because your gains/losses cannot be capped like a covered call on stocks you actually own?
Correct again! It's UNLIMITED loss exposure...
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~



2017 Adopt a Chief - K.C Wolf
"I know he ain't getting injured, cut, fired or will fumble!"


Posts: 17,336
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
  Reply With Quote
Old 12-06-2017, 09:25 AM   #1458
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $29908
Quote:
Originally Posted by BigBeauford View Post
We are looking finding a new credit card and possibly bank/checking account. The best credit card i could find id through USAA that gives 2.5% cashback, but i am open to suggestions. What about best checking or savings account?
Quote:
Originally Posted by petegz28 View Post
My Capital One savings account is paying .75%. They have a Money Market that will pay 1.3% on $10k or more. Maybe not the best but definitely better than a lot. And the CapOne Checking account pays .20%....again, not bad

I'm with Fideltiy in terms of credit card -- auto cash back deposited into my brokerage cash management account.

For spare cash, I'm also with Capital One. I've had cash or CDs with them for well over a decade. Their interest rates are always very competitive.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 40,343
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
  Reply With Quote
Old 12-06-2017, 10:01 AM   #1459
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
(GOHE)

Cannabis and Bitcoin merge
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-07-2017, 06:31 PM   #1460
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
(X) Four directors sold stock Dec 1. At $30, probably so they could pay for xmas to buy their spoiled ass rotten kids a new Camaro.
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-08-2017, 03:35 PM   #1461
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
Quote:
Originally Posted by lewdog View Post
Steel Stock (X) closed above $30 today. I'm up 42% on this and debating when I sell it all. It's only been above $40 once in the last 5 years and for only a few months.
Just Closed at 33.23 , up over 4% today , some people are saying $50 and they think it will get a boost after Trumps state of the Union speech. I just don't see it taking a nose dive soon.

It seems a lot of the "big boys" are pulling money out of tech and putting it back into building and financials.

I picked up some (ALLY) the other day.

Also, BTW , I'm wrong 50% of the time. The other 50% I've been right half the time.
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-08-2017, 05:04 PM   #1462
lewdog lewdog is offline
KC Chiefs....so much lol
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $62000
Quote:
Originally Posted by Hog's Gone Fishin View Post
Just Closed at 33.23 , up over 4% today , some people are saying $50 and they think it will get a boost after Trumps state of the Union speech. I just don't see it taking a nose dive soon.

It seems a lot of the "big boys" are pulling money out of tech and putting it back into building and financials.

I picked up some (ALLY) the other day.

Also, BTW , I'm wrong 50% of the time. The other 50% I've been right half the time.
Yea, it looks poised to move pretty high. I'll keep holding. I don't have a ton of money in my brokerage account (fairly small positions as we focused on maxing our ROTHs this year) and I don't have 100 shares of X to do covered calls like Scho recommended.

And honestly, some of your stuff has been good information. People can laugh but I bought X stock based on some of your posts.

I didn't take your information on buying PNOW stock though.
__________________




Quote:
Lewdog's record in Royals game threads: 39-19.
Posts: 33,386
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
  Reply With Quote
Old 12-09-2017, 10:42 PM   #1463
lewdog lewdog is offline
KC Chiefs....so much lol
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $62000
Speaking of covered call on stocks that have some room to grow (slowly) but always pay out a nice dividend. Ford Motor fits that category for many investors. Was googling some information and this game up. Nice summary.

https://seekingalpha.com/article/398...-covered-calls
__________________




Quote:
Lewdog's record in Royals game threads: 39-19.
Posts: 33,386
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
  Reply With Quote
Old 12-11-2017, 10:18 PM   #1464
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
This might be a little Gem:


The Investor Ideas video creates a glimpse into the future of AI with thoughts from Steve Wozniak, Amazon, Square, Morgan Stanley and HSBC. There is also a recently released video from emerging IoT company Gopher Protocol Inc. (OTCQB: GOPH), that is using artificial intelligence (AI) to create what is believed to be the world's first "Smart Drone.

http://gopherprotocol.com/technology/
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2017, 05:44 PM   #1465
lewdog lewdog is offline
KC Chiefs....so much lol
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $62000
Very interesting stuff still happening at GE. Fascinating to read about. Lots of speculation.

https://seekingalpha.com/article/413...egins-ge?ifp=0

https://seekingalpha.com/article/413...ht-moves?ifp=0
__________________




Quote:
Lewdog's record in Royals game threads: 39-19.

Last edited by lewdog; 12-12-2017 at 05:50 PM..
Posts: 33,386
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2017, 08:38 PM   #1466
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
GE looks to be a huge mess
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-13-2017, 05:35 PM   #1467
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
.
X Trade
News 32.84 -0.16 DJ A Red Hot U.S. Steel Trade -- Barrons.com

Dec 13, 2017 13:54:00 (ET)

By Steven M. Sears
U.S. Steel's stock is a bit like the products it sells: heavy and hard to move. Shares are up about 1% this year, and yet the shares might suddenly get red hot on Feb. 16.

That's when the U.S. Department of Commerce is expected to finalize a preliminary ruling against Chinese steel makers redirecting steel to Vietnam to circumvent U.S. import laws and sell products without paying import taxes.

"The ruling brings formal action against Chinese steel producers circumventing duties, such as import taxes, carries punitive implications for buyers of those imports and provides a more favorable macro backdrop for U.S. steel producers," Shawn Quigg, a JPMorgan derivatives strategist, recently advised clients.

To position for U.S. Steel's stock (ticker: X) to rally, Quigg told clients to buy the company's February $33 call option and sell the $28 put option. When he recommended the trade, the stock was at $31.11, and the risk reversal -- that is, selling a put and buying a call with a higher strike price but the same expiration -- cost 58 cents.

Quigg's trade positions investors to benefit from a stock rally. If U.S. Steel's stock is at $37 at expiration, the call is worth $4, and the put would be worthless. Should the stock be below $28 at expiration, investors are obligated to buy the stock at the strike price, or to cover the put.

The stock has edged higher since Quigg first made his recommendation. The stock now trades around $32.50 and is seemingly stalled, though JPMorgan steel analyst Michael Gambardella calls for the stock to trade at $48 by the end of 2018 due to a combination of Washington support for the steel industry and increased spending to improve U.S. infrastructure.

Investors can adjust Quigg's trade to reflect the higher strike price by selling the February $29 put and buying the February $36 call. Over the past 52 weeks, the stock has ranged from $18.55 to $41.83.

Quigg's trade basically lives or dies by the mid-February ruling. If the government finalizes the preliminary ruling, steel stocks could rally. U.S Steel's recent incremental advance shows that investors have bid shares slightly higher in anticipation of good news.

Of course, the opposite is true if the government's final ruling reverses course, which is why Quigg's low-cost, potentially high-return trade is worth considering.

STEVEN SEARS is the author of The Indomitable Investor: Why a Few Succeed in the Stock Market When Everyone Else Fails.

Comments: steve.sears@barrons.com

Follow: @sm_sears


(END) Dow Jones Newswires

December 13, 2017 13:54 ET (18:54 GMT)


Copyright (c) 2017 Dow Jones & Company, Inc.
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-14-2017, 09:10 AM   #1468
kepp kepp is offline
MVP
 

Join Date: Aug 2005
Location: KCMO
Casino cash: $19312
So I'm wanting to play around with a low-price stock which is currently sitting at $0.75 ...but the ask price is almost $2. Is that just because its expected to go that high? Do they ever sell below their ask price?
Posts: 12,341
kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.kepp is blessed with 50/50 Hindsight.
  Reply With Quote
Old 12-14-2017, 09:32 AM   #1469
Hog's Gone Fishin Hog's Gone Fishin is offline
Good Donkey = Dead Donkey
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $31376
Quote:
Originally Posted by kepp View Post
So I'm wanting to play around with a low-price stock which is currently sitting at $0.75 ...but the ask price is almost $2. Is that just because its expected to go that high? Do they ever sell below their ask price?
What's the bid price showing ? If people are bidding it up you can possibly expect it to go up some. But yes they will come down iif people are not buying the asking price.
__________________
Trump gonna drain that swamp !
Posts: 25,378
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
  Reply With Quote
Old 12-14-2017, 09:36 AM   #1470
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-5000
Quote:
Originally Posted by kepp View Post
So I'm wanting to play around with a low-price stock which is currently sitting at $0.75 ...but the ask price is almost $2. Is that just because its expected to go that high? Do they ever sell below their ask price?
This is the wild west scam of penny stocks. Market makers don't want to hold these so they have a very wide bid and asked to make tons of money.

You invest $2000 and it's instantly worth only $750.......no thanks!
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~



2017 Adopt a Chief - K.C Wolf
"I know he ain't getting injured, cut, fired or will fumble!"


Posts: 17,336
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 03:13 AM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2018, vBulletin Solutions, Inc.