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Economy stonks v9, bubble yum

Discussion in 'The War Room' started by rob mafia, Sep 2, 2020.

  1. rob mafia Red Belt

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  2. 44nutman The Original Nut of Sherdog

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    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.
    [​IMG]
     
  3. brackis1 Yellow Card Yellow Card

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    Well this went up 3.5% today so I'm very happy I decided it's my new parking lot.
     
  4. MMAisGod Ya keep pushing or ya quit. That simple.

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    I've been forgetting to post here lol. ALL HAIL AMD AND TESLA!!!!!

    *Burn everything else
     
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  5. 44nutman The Original Nut of Sherdog

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    I jumped on it today after you posted and up over 2% today.
     
  6. reveler Purple Belt

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    main question at this point is whether bailout drama will be allowed to unfold, resulting in another orchestrated downswing before the next round of funny money is unleashed on the consumer class.
     
  7. rob mafia Red Belt

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    stupid limit orders...
    <2>
     
  8. kahiljabroni Black Belt

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    This rally is stupid and I love it.

    Made 30% on crwd in about 2 days...sold at open

    Up 40% on rkt....really debating offloading some b4 earnings but wanted it for long term hold
     
  9. Oliver C. Red Belt Platinum Member

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    Dow is 29! :D
     
  10. brackis1 Yellow Card Yellow Card

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    Oh lord what a fucking day. I just got shares of KSU on buyout rumor and road it from 192 to 195 in a few min bahahahah
     
  11. brackis1 Yellow Card Yellow Card

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    Damn why the fuck did I not use VXX as my short? Shit is once again UP in an up market. Absurd.
     
  12. boingyman If can, can. If no can, no can.

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    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 ?
     
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  13. rob mafia Red Belt

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    i feel like this about playing mu for the under the radar gpu play via gddr6x, after the amd/nvda run-up and intc release today. but i was already holding some, anyway...

    and @brackis1 's ccx that i got no part of.

    [​IMG]
     
  14. brackis1 Yellow Card Yellow Card

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    And you have savings already I hope for incidentals?
    I would not be buying into the updraft.
     
  15. rob mafia Red Belt

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    yup. and i'm annoyed, i keep waiting for uvxy to drop to $20 so i can sell puts/buy calls on it. and it keeps... not. haha
     
  16. Revolver you sound poor

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    monster day today
     
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  17. brackis1 Yellow Card Yellow Card

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    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.
     
  18. boingyman If can, can. If no can, no can.

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    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.
     
  19. rob mafia Red Belt

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    i know (or at least, i saw their chart). i'm just poking fun since i actually made 2 plays at it and still didn't get in.
     
  20. brackis1 Yellow Card Yellow Card

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    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,
     
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