The Investment Thread (8 Viewers)

[Chris]

Everyone miss DWAC or was that on the MAP board?

I can tell people are dumping other stocks to try and chase it. Good dip buying opportunities this morning.

 

[Mr. Blue Sky]

Could TSLA finally reach the $1,000 mark at long last ?

 

[efil4stnias]

Could TSLA finally reach the $1,000 mark at long last ?

meanwhile in BYND land....


jesus im taking a bath on this stock. ive always been on it long term ( at least 5 years ) but opening my app today to see it plunge makes me hangry.

Just for that, im having an Impossible Whopper for lunch.

 

[Mr. Blue Sky]

We ridin’ baby !!!



Of course , it’s always bittersweet when TSLA shatters a new ceiling, since I always regret investing play money into it back in 2016, instead of real money …. If I’d invested some real bread, i would be outta here suckas !!!







.

 

[dbridge]

Could TSLA finally reach the $1,000 mark at long last ?

I hope so. I own a lot of shares that I bought a few years ago, before the big run-up. I'm basically a Teslanaire. Thanks Elon. Love you man.

 

[Turfie]

GME down 6.55% on no news.

AMC down 6.73% on no news.

Shorting stocks that are already at least 200% owned.

 

[Turfie]

Order book yesterday for GME. Price plummets and they buy at meme prices.

 

[Turfie]

We ridin’ baby !!!



Of course , it’s always bittersweet when TSLA shatters a new ceiling, since I always regret investing play money into it back in 2016, instead of real money …. If I’d invested some real bread, i would be outta here suckas !!!







.

TSLA the OG meme that was actually a great company.

 

[TXSAINTFAN]

We ridin’ baby !!!



Of course , it’s always bittersweet when TSLA shatters a new ceiling, since I always regret investing play money into it back in 2016, instead of real money …. If I’d invested some real bread, i would be outta here suckas !!!







.

Look at it today! Loving it!

 

[Mr. Blue Sky]

Look at it today! Loving it!

I dont know whether to laugh or cry.

You movin’ up ur retirement now?

 

[saintmdterps]

I rented a house in the outskirts of Kitchener Ontario for a few years. New build in 2017. It has 3 beds, 3 baths. 1400 sq ft. Lot size 7000 sq ft.

It was a nice small house. Moved back to the states recently. But was curious what the landlord was going to do with it.

They listed it on September 29th for 869K. It sold in 4 days at 950K. Unreal. Truly insane.

At 5% down with a good interest rate your mortgage would be $4200 per month.

If your household income was $140K, you would take home about $105K. That's $8,750 a month after taxes.

48% of your entire net paycheck straight towards mortgage. And you still got utilities (200), phone (70), car (300) , food (400) student loans (300), and we haven't got into retirement savings.

So glad I got out. The cost of living in upstate SC is unreal compared to Ontario.

Edit: Fun fact about that house in Kitchener. The landlord bought it for 550K and owned it for about 40 months. It's sold for 950K.

That small house appreciated in value by exactly $10,000 every single month that he owned it.

At 48% of net, it must be difficult to meet the DTI (debt-to-income) ratio to get a mortgage. The highest typically allowed in the US is 50% which includes minimum payments on credit cards, plus all installment loans (cars, student loans). At that rate, you couldn't have any other financial obligation

 

[saintmdterps]

Too bad it's just the Fed.

Congress needs to be banned from trading stocks, period

 

[saintmdterps]

Borrowing 300K for house. 30 year loan. We have the option for locking in our interest rate at 3.25%. Or pay $5,700 to lock in at 2.875%.

OR - wait another 10 days to receive new options.

My thinking is that interest rates are going to go up in the near future. Your thoughts?

Likely up. I'm refinancing my house. I thought about listing at 185K, but decided on refi. Appraisal came in last week at 208K. Locked in at 3.5% which is good on a cash-out refi with LTV at 80

 

[Turfie]

Tesla’s marketcap went up by 7 GameStop marketcaps today.

 

[TXSAINTFAN]

I dont know whether to laugh or cry.

You movin’ up ur retirement now?

I moved it up 1 year to January 2023 not because of Tesla but because I'm tired of being a business owner in this crap environment of labor and supply shortages.

Tesla might just be some solid icing on that retirement cake though.