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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 10-30-2018, 03:02 PM   #2401
Hammock Parties Hammock Parties is offline
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Originally Posted by lewdog View Post
Don't put this on me Buehler. I absolutely told Clay this was a risky move.

Posts from June moving forward.
So guys...how can I turn 11 grand into 25 grand in six months
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Old 10-30-2018, 03:07 PM   #2402
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So guys...how can I turn 11 grand into 25 grand in six months
I expect General Electric to make a rebound any day now.
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Old 10-30-2018, 03:52 PM   #2403
blake5676 blake5676 is offline
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Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.
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Old 10-30-2018, 03:58 PM   #2404
Hammock Parties Hammock Parties is offline
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Originally Posted by blake5676 View Post
Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes!
thanks asshole, i was trying to avoid looking at my account
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Old 10-30-2018, 05:24 PM   #2405
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Quote:
Originally Posted by Hammock Parties View Post
So guys...how can I turn 11 grand into 25 grand in six months
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Old 10-30-2018, 05:35 PM   #2406
Hog's Gone Fishin Hog's Gone Fishin is offline
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I expect General Electric to make a rebound any day now.
I just bought some on the dip.
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Old 10-30-2018, 05:54 PM   #2407
ChiliConCarnage ChiliConCarnage is offline
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Quote:
Originally Posted by blake5676 View Post
Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?
The Chinese market as a whole has dropped quite a lot. IQ had 89% paid subscriber growth. That's good they just lost more than was projected. It's not even all that cheap at 5.5x revenue for a Chinese company that's losing money. That number will come down some tomorrow. It is interesting as it seems their content is popular

Netflix had a crazy first mover advantage in that all of their should be competitors didn't move at all. They didn't want to lose their lucrative cable model. IQ has a ton of competition and a nation not used to paying crazy cable prices.
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Old 10-30-2018, 05:58 PM   #2408
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I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...
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Old 10-30-2018, 06:06 PM   #2409
Amnorix Amnorix is offline
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I expect General Electric to make a rebound any day now.

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.
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Old 10-30-2018, 06:17 PM   #2410
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I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.
I remember you saying that you were going to sell. I should have followed your lead. I kept thinking, "meh, I'm getting the dividend and the stock price doesn't affect that". Well, now I'm not getting a dividend and I think I'm down 60 percent. That stings.
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Old 10-30-2018, 08:48 PM   #2411
lewdog lewdog is offline
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Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.
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Old 10-30-2018, 08:49 PM   #2412
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Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.
I've got $2,500 in cash just collecting dat 1% APY sweep.
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Old 11-01-2018, 06:52 PM   #2413
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Old 11-07-2018, 10:14 AM   #2414
Rain Man Rain Man is offline
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It's not worth a whole thread, but I found this fact interesting and very surprising:

https://www.cnn.com/2018/11/07/inves...ing/index.html

China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.
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Old 11-07-2018, 10:33 AM   #2415
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So guys...how can I turn 11 grand into 25 grand in six months
Loan the money to a professional house flipper.
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