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The Gonzo Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Hog's Gone Fishin 10:07 AM 02-20-2021
Originally Posted by Mr_Tomahawk:
What’s going to be the big mover next week?

(I already own FRX)
Chris gives his plays of the week every Saturday morning

I see he's picked up one of my finds from two weeks ago (CTRM), you know, the over valued stonk. LOL


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Mr_Tomahawk 10:10 AM 02-20-2021
Originally Posted by Hog's Gone Fishin:
Chris gives his plays of the week every Saturday morning

I see he's picked up one of my finds from two weeks ago (CTRM), you know, the over valued stonk. LOL


Lol go figure. I sold CTRM on Thursday.
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Hog's Gone Fishin 10:18 AM 02-20-2021
Originally Posted by Mr_Tomahawk:
Lol go figure. I sold CTRM on Thursday.
Me also , took my money and run. Small profit.
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lewdog 10:22 AM 02-20-2021
Originally Posted by In58men:
Yes sir!

I put in 20% and my employer matches 6%. Theyíll match 10% after 10 years of employment, I have 3 more years to go.
Thatís nice!

My match sucks. Max is I put in 4% and they give me 1%. Itís pretty terrible. They pay me well and I get a decent amount of PTO though. Thereís always trade offs.
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In58men 10:27 AM 02-20-2021
Originally Posted by lewdog:
Thatís nice!

My match sucks. Max is I put in 4% and they give me 1%. Itís pretty terrible. They pay me well and I get a decent amount of PTO though. Thereís always trade offs.
Iím very fortunate to say the least. We also get a pension as well. Iím trying to put in as much as I can, looking to retire around 55ish, maybe earlier. Things also can change in our industry and taxes only go up.
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KCUnited 10:27 AM 02-20-2021
RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a retard that can barely read.
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Hammock Parties 10:28 AM 02-20-2021
Lenders are fucking scum. They want you to borrow more so you can get fucked harder.
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scho63 10:33 AM 02-20-2021
Originally Posted by Hammock Parties:
Lenders are fucking scum. They want you to borrow more so you can get fucked harder.
Did you just learn this in your house buying adventures? :-)
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In58men 10:35 AM 02-20-2021
Originally Posted by scho63:
Did you just learn this in your house buying adventures? :-)
:-)
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lewdog 10:36 AM 02-20-2021
Originally Posted by Hammock Parties:
Lenders are fucking scum. They want you to borrow more so you can get fucked harder.
Absolutely. It’s crazy what they’ll qualify you for.

6 years ago we bought a house for about 50% the amount we “qualified” for. I couldn’t believe what they thought we could afford! And they wonder how so many people get in trouble and can’t pay their mortgage ......house poor!
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jdubya 10:52 AM 02-20-2021
Originally Posted by Hammock Parties:
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.
Same with most colleges. I try to get an answer for how much the cost will be per semester for my kids and 95% of the time the college doesnít answer but rather tries to talk me into a loan. I tell them I donít want a loan, I want to know the cash price.......then they try to talk me into a loan again. Most colleges are in the banking/lending business now.
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Hammock Parties 10:58 AM 02-20-2021
Originally Posted by scho63:
Did you just learn this in your house buying adventures? :-)
Pretty much. I've never had much debt at all, because I'm not fucking stupid.

"We can give you an FHA loan for that small amount you need to buy a house. Or you can have a less fucky loan for this HUGE AMOUNT!!!!!!"

Get fucked.
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DJay23 11:02 AM 02-20-2021
Originally Posted by KCUnited:
RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a retard that can barely read.
Same. Mine gives me around 30 to choose from.
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Hog's Gone Fishin 11:03 AM 02-20-2021
Just a thought regarding (FRX)

With these SPAC's they always issue warrants that are much cheaper in price and many times run much more than the stock

FRX moved about 40% in two days

FRX.WS moved 170% in two days
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Hog's Gone Fishin 11:09 AM 02-20-2021
ALTU

ALTUW......warrants

Might be worth looking at
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