Married couple can buy up to $20k ($10k each) plus another $5k via a tax refund, should you have one.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
We have $12k from the past, but you are right. Overall, it is just a small opportunity.
We never have a tax refund. Why? F the government. That's why! LOL.
Purchasing extra IBs is an option for many, though, should they be owed a refund.
Agreed. Great option for those with a refund. The return should be attractive for at least the next few years.
In retirement, your strategy changes. Whatever the fixed income allocation of your assets are, it's a sound strategy to be positioned 50/50 within that in TIPS (and I-Bonds) and nominal bonds ( such as Intermediate Treasuries). So inflation-adjusted investments such as TIPS and I-Bonds are always in your mix regardless of the current inflation metrics.
In theory, that’s correct. However, it was difficult to do the last 4 to 5 years. Everyone was pushed to over allocate to equities due to the low rate environment. I‘m hoping to make some fixed income investments this summer.
We haven't thought about actual retirement much yet, just the basics. Probably go with 3 baskets:
1. Money needed for the next 5 years = fixed/ultra safe
2. Money needed in 5-10 years = mix of equities and fixed (probably go with PRWCX which is a 5-star gold asset allocation fund.....2/3 stocks, 1/3 fixed.....goal is to match the S&P 500 from a risk adjusted POV.....truly remarkable fund!)
3. Money needed in 10+ years = mostly equities, but reasonable indexes and funds, nothing crazy.
Beyond this, not much retirement planning! Just accumulation. :)
Revenue beat for JPM.....but maybe a small miss on earnings?
www.cnbc.com
JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
So what is the preferred timeline for rolling weekly covered calls?
I just rolled my MARA calls, for an additional 3.5% premium. Is it typically better to wait for the end of the week so the call that is currently in play decays?
The last couple weeks when the call's were way in the money I was getting little to no premium on the roll, so I know it depends on where the call is relative to stock price. But now that the stock price has come back in I figured Id take the nice premium now while it's on the table instead of waiting and who knows where it goes.
I sold some puts as well, so I'm playing it both ways.
I just rolled my MARA calls, for an additional 3.5% premium. Is it typically better to wait for the end of the week so the call that is currently in play decays?
The last couple weeks when the call's were way in the money I was getting little to no premium on the roll, so I know it depends on where the call is relative to stock price. But now that the stock price has come back in I figured Id take the nice premium now while it's on the table instead of waiting and who knows where it goes.
I sold some puts as well, so I'm playing it both ways.
Consider this scenario.
I sold April 14th TELL $4 covered calls. Current stock price is $5.80. So I'm way deep in the money.
Rolling it one month out does nothing for me.
But I can roll it out at the current strike price to October and either collect a 10% premium, or roll it up 10 $4.50 and collect a 5% premium. Or I can just let it get called away.
In any environment I'd think the potential 15% total return over 6 months would be seen as pretty good, but even more so in a rough market environment.
Of course I'd be locked into the trade for 6 months from here.
Thoughts?
I sold April 14th TELL $4 covered calls. Current stock price is $5.80. So I'm way deep in the money.
Rolling it one month out does nothing for me.
But I can roll it out at the current strike price to October and either collect a 10% premium, or roll it up 10 $4.50 and collect a 5% premium. Or I can just let it get called away.
In any environment I'd think the potential 15% total return over 6 months would be seen as pretty good, but even more so in a rough market environment.
Of course I'd be locked into the trade for 6 months from here.
Thoughts?
A housing industry guy was on. Said demand remains strong despite the raising rates.
Why? Lack of supply. Which should bode well for the builders, though commodity prices remain a high input cost.
DHI 30 something % off their highs. Current p/e under 6. Up a couple %today.
Why? Lack of supply. Which should bode well for the builders, though commodity prices remain a high input cost.
DHI 30 something % off their highs. Current p/e under 6. Up a couple %today.
Energy is hot right now. Doesn't seem like a good idea to limit upside to 15% on TELL.
It's an oversized position which I went into knowing I was going to allocate part of it to options.
I'm still long TELL on 1/3 of my position. 1/3 is way in the money, 1/3 is out of the money.
Your selling calls and puts? If so, you are betting that the stock will stay where it is w/o volatility. If that’s not the trade, you are doing it wrong.
The biggest decay usually happens between days 45 and 21. You can look at the options Theta to see the time decay. If you are selling weeklies, it is usually better to set a profit limit. If you make 50% of your money in less then 50% of time, take the profit and roll.
The housing situation is still a joke. From what I’ve read, it sounds like mainly the rich or those that can borrow from parents are buying at these sky-high levels. Average Joe ain’t buying squat. You wait and see - my prediction is in 5-10 years it will become apparent that the wealthy and investment funds will own their highest concentration of real estate in US history.
All the PE funds are buying up SFH for rental use. This is not a surprise. But their downfall is short term financing.
Yeah, eating up supply = pushing prices and rents higher…most people won’t be able to own property in this country if it continues.
Time for some fun!
www.cnbc.com
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.
According to Musk, the social media company needs to go private because it can “neither thrive nor serve” free speech in its current state.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced,” he wrote. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
Elon Musk offers to buy Twitter for $43 billion, so it can be 'transformed as private company'
Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately.
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.
According to Musk, the social media company needs to go private because it can “neither thrive nor serve” free speech in its current state.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced,” he wrote. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
Last edited:
Wells Fargo beats on earnings, but small miss on revenue. GS and MS still to report this morning:
www.cnbc.com
Wells Fargo shares fall as quarterly revenue misses estimates on weaker-than-expected mortgage lending
Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending.
“Funding secured”Time for some fun!
Elon Musk offers to buy Twitter for $43 billion, so it can be 'transformed as private company'
Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately.
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.
According to Musk, the social media company needs to go private because it can “neither thrive nor serve” free speech in its current state.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced,” he wrote. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
Though doubtful, he walks with a sub-par $150m weekly gain?
Ha. He could just be playing games. You never know with him. Watch him agree to walk away if they buy his stock back at $65.
From what I’ve read, overall wage growth isn’t even close to keeping up with inflation especially at the lower end, not to mention that we are talking about the largest purchase most people make in their lifetimes.
Last edited:
GS crushes it:
www.cnbc.com
So does MS:
www.cnbc.com
Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility
Goldman seems to have exceeded other Wall Street firms in benefiting from the sudden market upheaval caused by the Ukraine conflict.
So does MS:
Morgan Stanley earnings top estimates fueled by trading revenue gains
Morgan Stanley saw stronger-than-expected revenue from equity and fixed-income trading amid volatile markets.
Good read from AMZN CEO.....buy more!
www.cnbc.com
Amazon CEO Jassy just released his first annual shareholder letter since taking over from Bezos
Amazon CEO Andy Jassy on Thursday published his first annual shareholder letter since taking over the helm from founder Jeff Bezos last year.
I-Bond reminder: if you haven't yet purchased I-Bonds in 2022, and you want to, buy by the end of April, as your initial rate for the following six months is 7.12%, but after that, for the following six-month period, your rate will increase to 9.62%.
Hard to predict the rate beyond that, but it will be adjusted again in the Oct/Nov 2022 adjustment, per the CPI/inflation rate at that time.
Again, $20k annual limit per married couple, or $10k annual limit for individual. Also an additional $5k limit, using your federal tax refund, if you are owed one; but those are issued as paper bonds, whereas the others are electronic, purchased via your Treasury Direct account.
Further, if you own a business (such as an LLC), you can purchase up to another $10k using your business tax ID.
Hard to predict the rate beyond that, but it will be adjusted again in the Oct/Nov 2022 adjustment, per the CPI/inflation rate at that time.
Again, $20k annual limit per married couple, or $10k annual limit for individual. Also an additional $5k limit, using your federal tax refund, if you are owed one; but those are issued as paper bonds, whereas the others are electronic, purchased via your Treasury Direct account.
Further, if you own a business (such as an LLC), you can purchase up to another $10k using your business tax ID.
Why is the limit so low? Seems communist. Would be happy to dump a large portion of our cash in I-Bonds and essentially treat it as a 1yr CD.
It is what it is. Where else can you get an 8.37% guaranteed return for at least one year? The imposed limit, I suppose, is aimed at providing an attainable result for middle-income America, not high-flyers like, you know, you. 😉
I hope they accept. Plus with Musk eventually taking it private i’d bet 20 bucks he changes the stock ticker to $RIP.
A crypto entrepreneur bought an NFT of Jack Dorsey's first tweet for nearly $3 million and tried to sell it for $48 million. The top bid is less than $7,000.
"Someone like Elon Musk" deserves to own Jack Dorsey's first tweet as an NFT, the struggling seller said.
Latest posts
-
Basketball Rutgers Basketball wins second straight, downs USC 95-85- Latest: -RUFAN4LIFE-
-
Football Rutgers Football promotes Charlie Noonan to Defensive Tackles Coach
- Latest: scarlet_knight
-
