Money Investing megathread extravaganza - Page 275

back down 10% before open. That 2018 bottoms been holding but we'll break through at some point. I may buy some here today though

edit:. hold on, we moved reserves to 0? whoa, well, fuck me
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Originally Posted by SupDock:
I appreciate that feedback. I am in a really unique market where there really are no old homes, and homes are being built at a very very rapid pace. Maybe it's not that unique, but inventory doesn't last long, and hasn't for the last 18 months.

The market in my area is what it troubling me. The prices keep going up and I have some worry that I will get priced out of the market. If I found a resale I like I would not hesitate to buy

I am more curious what your thoughts were on the current economic situation and its effect on home buying and building. Certainly low rates encourage buying, but people may be feeling economically insecure.

I'm currently going through the closing process on a new construction home. I'm putting 28% down and the home appraised for 30K over our purchase price and my b-hole is still puckered thinking about the potential of the home value cratering in the wake of this virus.

That said, there were 3 separate open houses near me (Chicago) yesterday that appeared very active. One in the condo building next to me and 2 in the building across the streets. Have a co-worker who just sold their condo to a cash buyer over the weekend as well. I've been following the market in my zip code and average days active to contract are still very low. So despite social distancing orders and economic fears, people still seem to be turning out for home purchases here.

Of note, I've owned a 100 yr old bungalow that I loved for its charm and craftsmanship, but I get the biggest smile thinking about the custom built, never farted in, floor to ceiling walk-in, dual rainfall, 8-jet, unicorn of showers waiting for me in our new home.
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Circuit breaker tripped in 5 seconds this morning.
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We gonna get negative interest rates?
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Today’s gonna be brutal. Still searching for the bottom. I think a full “stay in your home no matter what except for emergency travel or errands” is coming. The economy is going to see long lasting effects of this.
Several people in my wife’s NY office tested positive over the weekend, after one guy went to the hospital with pneumonia.
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Originally Posted by ReynardMuldrake:
TVIX up another 30% today. It's the only thing keeping my account in the black.

TVIX up another 50% today. You guys are missing out.
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Bought TQQQ puts Friday, sold after trading resumed. The weekends are bad for the market for the next couple months, I anticipate.
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Originally Posted by ReynardMuldrake:
TVIX up another 50% today. You guys are missing out.

Do you expect it to keep going up?
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Originally Posted by O.city:
We gonna get negative interest rates?

No.
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What do you guys think of DOG stock
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For those of you in Fidelity 401K and only allowed to buy mutual funds, here's a few I'm getting into:

VTSAX ($75 fee)
Fidelity® Blue Chip Growth Fund (FBGRX)
Fidelity® Trend Fund (FTRNX)

Take a look at the performance of those last 5 years. Pretty incredible really. 11-15%/year.

Buy the dip, set and forget. Rule of 7 says 7% doubles every 10 years. 15% every 5.
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Holy fuck. Someone told me that Love Cattle traded limit down, limit up, and closed limit down on the day. I don’t know what the limit is but my God, the margin calls that fools paid today. Christ.
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-3k for the day on DJI.
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The VIX is at like peak Financial Crisis levels. We're getting 10% moves everyday. This is wild
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