Originally Posted by UteChief:
5.6% is really high for a 5-year term, but you’re essentially correct. A bank will use the money you have in a CD and lend it out longer term. My previous bank would buy CDs on the secondary market to make USDA guaranteed loans, but the rates were typically variable limited to the term the CDs were purchased for. You can review a banks net interest margin to see how good a bank is at this.
My 5.6 was actually only a one-year, but they called it after six months. So it wasn't a huge loss, but it worries me a bit about other CDs that I'm holding. If they all start doing that, particularly the ones that are 3+ years, it's going to screw me over. [Reply]
Originally Posted by :
For the quarter, GAAP earnings per diluted share was $4.93, up 33% from the previous quarter and up 765% from a year ago.
The numbers are sort of outrageous. It's like what you hope happens to some microcap company in a new field that you gamble on. Except Nvidia was already a megacorp [Reply]
Originally Posted by ReynardMuldrake:
I'm really happy with how NVDA has performed this year. I bought in at $104 and it's already north of $190. Gonna hold on to it for a long time.
Originally Posted by Rain Man:
I hear that it'll likely have a big jump in one direction or the other. It's become my largest holding by a fair bit, so Wednesday is going to be a suspenseful day.
Originally Posted by Rain Man:
I may go to Wendy's tomorrow and order something off of the regular menu instead of the $5 meal deal.
Okay, I'm going with the triple baconator, large fries, and large frosty, and what the heck, some chicken nuggets on the side. Maybe even one of those little chocolate chip cookies near the register. The Wendy's world is my oyster today. [Reply]
Originally Posted by Rain Man:
Okay, I'm going with the triple baconator, large fries, and large frosty, and what the heck, some chicken nuggets on the side. Maybe even one of those little chocolate chip cookies near the register. The Wendy's world is my oyster today.
How much this run you? 5-10 years ago this would have been like $9. I fear today you had to drop a cool Jackson. [Reply]
Originally Posted by Hog's Gone Fishin:
You had another winner in Moderna today. Eat some steak and lobster
Yeah, now I'm only down 30 percent on MRNA. But I was still really happy about the gain and I'm confident that it'll come back. At one point I was up 100% on it before it plummeted, so I'm ready for the next plague.
Man oh man, I was rolling triple 7s on everything today. NVDA, MRNA, AMD, RCL, ANF, and the list goes on. Unless some dead-cat bounce day right after the 2020 shutdown beat it, I'm pretty sure this was my best investing day ever in terms of raw dollar gains. [Reply]