Originally Posted by lewdog:
100% cash, outside of small trades here and there in my active trading account and my IRA (I'm back 25% invested in this one).
I just keep dollar cost averaging into my 401k though and never move that around much outside of rebalancing.
I'll never forget my Journalism 101 experience. Fuck that cult and I hope their loans are never forgiven.
#5 and #7 are a bit confusing. You'd think they would have known teachers are underpaid before signing up for an education major. It sure seems like anything medical or healthcare related has been slaying for quite a while now, so that one seems strange. [Reply]
Originally Posted by Iconic:
Medical is surprising. Guessing it's a lot of pre-meds who didn't make the cut for MD schools.
Also never understood why people go for Socio degrees. If you are going that route you may as well go for a Psych degree. Far more lucrative with a Masters or Doctorate.
Originally Posted by ghak99:
Interesting list.
I'll never forget my Journalism 101 experience. Fuck that cult and I hope their loans are never forgiven.
#5 and #7 are a bit confusing. You'd think they would have known teachers are underpaid before signing up for an education major. It sure seems like anything medical or healthcare related has been slaying for quite a while now, so that one seems strange.
Only thought I have on #7 is sure it's a job right away as a medical assistant, but where to after that? That's basically your ceiling right away unless you go back to school. [Reply]
Originally Posted by -King-:
Yeah... I think I'll move most of my Tesla money elsewhere.
What are your guys views on Tesla in the future? I'm really tempted to sell most of my shares and either sit on the cash or put it somewhere else. [Reply]
Originally Posted by -King-:
What are your guys views on Tesla in the future? I'm really tempted to sell most of my shares and either sit on the cash or put it somewhere else.
In my humble opinion, Tesla stock has been driven mostly by hype rather than performance. And, whether it's due to competitors, bad press, or the perception that Elon isn't focusing on the company as much as he needs to, it sure seems like the shine is wearing off.
But I have my usual caveat that I don't own a single individual stock outside of my employer, so I have very little room to be giving advice. :-) [Reply]
Originally Posted by lewdog:
Only thought I have on #7 is sure it's a job right away as a medical assistant, but where to after that? That's basically your ceiling right away unless you go back to school.
I did biology. Don't regret it a bit. I didn't go to a super expensive school though [Reply]
Originally Posted by -King-:
What are your guys views on Tesla in the future? I'm really tempted to sell most of my shares and either sit on the cash or put it somewhere else.
Originally Posted by DaFace:
In my humble opinion, Tesla stock has been driven mostly by hype rather than performance. And, whether it's due to competitors, bad press, or the perception that Elon isn't focusing on the company as much as he needs to, it sure seems like the shine is wearing off.
But I have my usual caveat that I don't own a single individual stock outside of my employer, so I have very little room to be giving advice. :-)
Yeah it's ridiculously (actually an understatement) overvalued compared to other car companies. But the hype and Elons reputation kept that going. Now the hype isn't what it used to be and Elon is Eloning harder and worse than ever before.
Oh well, it gave me some stupid amazing gains. But yeah I think it's about time to cut the cord. [Reply]
Originally Posted by -King-:
Yeah it's ridiculously (actually an understatement) overvalued compared to other car companies. But the hype and Elons reputation kept that going. Now the hype isn't what it used to be and Elon is Eloning harder and worse than ever before.
Oh well, it gave me some stupid amazing gains. But yeah I think it's about time to cut the cord.
I probably would. The hype obviously drove the boat. Musk himself said it was overpriced at $400.
Trying to read the tea leaves, I think the shine is coming off Musk with the Twitter thing and that's probably a risk I wouldn't take if you're comfortable dumping it. [Reply]
He's publicly facing off with a rabid emotional machine. The very people who propped the price up for years are turning on him. I'm not going to suggest where to put it in this environment, but I sure wouldn't leave it there.
Maybe Lew can offer us a hint of anything he's seeing with a positive indicator. [Reply]
What is everyone thinking on interest rates? Locally rates savings accounts have improved slightly (still terrible), but with the movement in rates, it might be worth trying to manage my cash position a little more intensively.
What are you guys doing? How much of a rate improvement would you consider opening an account and moving money for?
Any other options out there? I have some operating capital in a corporation that will be idle for a few months, I've considered picking up a 3 month CD for a portion of it. Should I be looking for something else?
It's been a long time since interest rates have been enough to worry about. [Reply]
Originally Posted by ghak99:
He's publicly facing off with a rabid emotional machine. The very people who propped the price up for years are turning on him. I'm not going to suggest where to put it in this environment, but I sure wouldn't leave it there.
Maybe Lew can offer us a hint of anything he's seeing with a positive indicator.
That's what I think is happening and that's what I'd be afraid of if I held Tesla stock.
I'm an idiot, but I'm selling a bit of SPY and buying Deere (DE). I had exited because I was worried about production problems/delays impacting earnings. Which they should be hitting. I was wrong. That bitch is outrunning SPY at the moment. I'm going to do some set it and forget it positions there, and if the price falls, I'll just keep the dividends. [Reply]
Don't have Tesla stock anymore myself, sold it awhile back before the most recent split. No regrets there. Would be happy to see my mutual fund drop it out of its top ten holdings too. Nothing like an erratic and unpredictable (to me) CEO to lower future confidence. [Reply]
Originally Posted by Buehler445:
What is everyone thinking on interest rates? Locally rates savings accounts have improved slightly (still terrible), but with the movement in rates, it might be worth trying to manage my cash position a little more intensively.
What are you guys doing? How much of a rate improvement would you consider opening an account and moving money for?
Any other options out there? I have some operating capital in a corporation that will be idle for a few months, I've considered picking up a 3 month CD for a portion of it. Should I be looking for something else?
It's been a long time since interest rates have been enough to worry about.
I would buy some good REITs. You'll get a nice dividend and the will go up in price soon as rates will go down.