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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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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.



If you're just getting started thinking about saving and don't know where to begin, this flow chart can help. Ask for advice in the thread for more help!

Last edited by DaFace; 01-24-2018 at 03:49 PM..
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Old 09-19-2018, 05:48 PM   #2326
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At it's current price, would you buy Apple Stock?

Sell me either way.
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.
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Old 09-19-2018, 05:51 PM   #2327
Unclesam Unclesam is offline
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Old 09-19-2018, 05:53 PM   #2328
lewdog lewdog is offline
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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!!!

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Originally Posted by Rain Man View Post
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.
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Old 09-19-2018, 05:54 PM   #2329
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Old 09-19-2018, 06:02 PM   #2330
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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.
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Old 09-19-2018, 07:52 PM   #2331
EPodolak EPodolak is offline
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Quote:
Originally Posted by Rain Man View Post
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.
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Old 09-19-2018, 08:51 PM   #2332
lewdog lewdog is offline
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Originally Posted by EPodolak View Post
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.
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Old 09-19-2018, 10:19 PM   #2333
EPodolak EPodolak is offline
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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.
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Old 09-20-2018, 04:59 PM   #2334
lewdog lewdog is offline
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Today was a fun day.

More days like today please.
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Old 09-21-2018, 07:00 AM   #2335
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Old 09-21-2018, 03:14 PM   #2336
Hammock Parties Hammock Parties is online now
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Today was a fun day.

More days like today please.
the chinese are flipping assturds
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Old 09-21-2018, 07:34 PM   #2337
lewdog lewdog is offline
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the chinese are flipping assturds
I've been making money.

Not on IQ or BABA though.
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Old 09-27-2018, 03:43 PM   #2338
ChiliConCarnage ChiliConCarnage is offline
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Driven by this:


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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.
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Old 09-27-2018, 03:46 PM   #2339
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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 havenít seen anything. What are they suing him for?
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Old 09-27-2018, 04:03 PM   #2340
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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.
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