- Joined
- Aug 6, 2004
- Messages
- 19,064
- Reaction score
- 9,812
Well this went up 3.5% today so I'm very happy I decided it's my new parking lot.Autist call: CCX
Spac was rumored to have a merger like 2 months ago with TopGolf but bled off 10% since then and back to its safe $10 spac entry price. I see almost zero downside since SPACs can return their full $10 if they dissolve, but 20-100% upside.
I jumped on it today after you posted and up over 2% today.Well this went up 3.5% today so I'm very happy I decided it's my new parking lot.
Well this went up 3.5% today so I'm very happy I decided it's my new parking lot.
I jumped on it today after you posted and up over 2% today.
This $Shll run is fucking insane and that is coming from a guy that owns them.
Also I chose between them or Workhorse to get in the EV market, went with the one that are flush with cash.
And you have savings already I hope for incidentals?Just a quick question on what would you do.
I'm in the process of doing another refi on my mortgage. Monthly payments will drop nicely. Anyways I have extra cash I could drop down towards principal. My wife and I already invest a lot in the market. Both max out TSP (401k equivalent), max out Roth IRA, contribute to our kids 529 plans and have a taxable brokerage account that we invest in. I would say we invest $60k+/year in the market. We also have a large emergency fund and zero debt.
If you had an extra $900/month to drop down would you:
1) Put that extra $900/month towards the mortgage principal in which the home would be paid off in 15.5 months and pay about $190k less in interest.
2) Put down about half $450/month towards principal in which the home would be paid off in about 20.5 months and pay about $125k less in interest. Then put $450/month in my taxable brokerage and just keep it simple and invest in something like VSTAX or VFIAX for the next 15-20 years.
3) Just pay the mortgage as is and not put more towards principal for the next 15-20 years and then reassess. Put $900/month in my taxable brokerage and just keep it simple and invest in something like VSTAX or VFIAX for the next 15-20 years.
On paper #3 seems like the logical choice since in that timeframe I will likely make much more money, but at the same time something about paying off your mortgage earlier gives a piece of mind and I already invest heavy in the market.
So what would you do ?
Damn why the fuck did I not use VXX as my short? Shit is once again UP in an up market. Absurd.
Usually these spac moves draw back anyways unless it's real news. I was up 5% then down 5% like 10 times on FEAC lol.and @brackis1 's ccx that i got no part of.
Yeah we have a significant emergency fund/savings in high yield savings and no penalty CDs. I'm also weary on buying extra right now with it so high. I may just put $400-500 extra towards principal and save the rest as cash until the end of the year.And you have savings already I hope for incidentals?
I would not be buying into the updraft.
Usually these spac moves draw back anyways unless it's real news. I was up 5% then down 5% like 10 times on FEAC lol.
I have a fairly large index short and still made gobs of money playing solos. Which prolly means we dump soon when everyone is drunk at the party,monster day today