post_id
string | comment_id
string | comment
string | comment_score
float64 | comment_author
string | comment_created_utc
float64 | post_title
string | post_text
string | post_score
float64 | post_author
string | post_created_utc
float64 | company
string | subreddit
string | post_url
string |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
qj387g
|
hinhtk5
|
Will you be ok if they drop 50% during that time?
| 10 |
brianmcg321
| 1,635,607,641 |
What are the downsides of just owning blue chip stocks like Facebook, Amazon, Microsoft for a time frame of 2-5 years ?
|
Let's talk about a time frame of 2-5 years. It's not so large, but also not so short.
These are giants. The probability of them going down is practically zero.
The only downside I can think of is that they're all tech sector, and I won't be diversified. But even if the tech sector drops, it should be back up in a relatively short amount of time. There is lots of intrinsic value here.
What are your thoughts on this ?
| 50 |
randomuser8654
| 1,635,606,035 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qj387g/what_are_the_downsides_of_just_owning_blue_chip/
|
qj387g
|
hip0h1t
|
I'm old, and so I would only consider Microsoft a Blue Chip. I want my dividends.
| 5 |
UnderstandingPrior13
| 1,635,631,123 |
What are the downsides of just owning blue chip stocks like Facebook, Amazon, Microsoft for a time frame of 2-5 years ?
|
Let's talk about a time frame of 2-5 years. It's not so large, but also not so short.
These are giants. The probability of them going down is practically zero.
The only downside I can think of is that they're all tech sector, and I won't be diversified. But even if the tech sector drops, it should be back up in a relatively short amount of time. There is lots of intrinsic value here.
What are your thoughts on this ?
| 50 |
randomuser8654
| 1,635,606,035 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qj387g/what_are_the_downsides_of_just_owning_blue_chip/
|
qde53p
|
hhlznoo
|
Make sure enough is set aside for taxes. Then, double check the rules to ensure you won't have to pay a portion of it back if you were to leave the company before a certain time. Once you've cleared those hurdles I would pay off all the debt; the credit cards cause of the high interest rate and the student loans because you can, depending on how aggressive you want to be and the interest rate on the loan. I know paying off debt is a highly unsexy way to allocate an additional $20k windfall but you will set yourself up really well for the future if you do.
| 56 |
AdmiralPlant
| 1,634,904,821 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
qde53p
|
hhm6ux9
|
Kill the cc debt and NEVER LET IT ACCUMULATE AGAIN
| 31 |
azdebiker
| 1,634,908,516 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
qde53p
|
hhm5a1m
|
Your gut is correct. Get rid of that debt. My personal opinion is that you should not begin investing while you have CC debt. At least debt beyond what you can pay off every month.
After that start putting into a 401K or IRA. 15% of your pay would be the target, but start with whatever you can afford - at least whatever the employer will match, if anything. Doing this early on will set your mentality going forward. Once that money gets taken out of your check you learn to just ignore it.
Congrats on the job. You are on a good track.
| 22 |
blamemeididit
| 1,634,907,774 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
qde53p
|
hhlr4be
|
Have a look at the sidebar— you’ll find the prime directive there which explains how to handle a windfall.
| 21 |
motherofmiltanks
| 1,634,899,222 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
qde53p
|
hhmpc9j
|
Great suggestions here.
My only addition, double-check the fine print. If you are obligated to work for a certain period of time (e.g. 90 days, a year, etc.) or the penalty is to pay the bonus back, bank it in high interest saving until it really is your money free and clear.
Just in case you find yourself in a position of needing to leave the job, you don’t want that new “debt” hanging over your decision.
| 7 |
Glitch-404
| 1,634,916,228 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
qde53p
|
hhm5m53
|
Emergency Fund, then High Interest Debt.
Also, as you review your benefits, if there's a retirement plan, ensure that you're contributing to max out any match your employer may fund. That's free money.
| 12 |
nouns
| 1,634,907,935 |
How should I use a $20,000 sign on bonus?
|
I (23m) graduated school with a healthcare related degree this past summer and got hired in august. The position I got hired in had a $20,000 sign on bonus (taxed). Half (10g) gets disbursed at 4 months post hire (December) and the other half 1 year (august).
Debt: as of today 10/22/21
Credit Cards
Amazon $3800
Wells Fargo $2500
Student Loans $12,032
I make about $3600/month after taxes/benefits. Next month that’ll go up it’s a union job so everyone in that union gets a 2% increase in pay come November. When January/February come I will be switching to night shift work where I will get 12% differential, I’ll be off orientation and be able to work for OT.
My question is what should I do with that first 10g my gut instinct is to wipe away my credit card debt but should I instead invest it? Or hold on to it? I try to pay off a good chunk of CC debt every month. What would you do?
| 88 |
AJPhilly98
| 1,634,899,136 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/qde53p/how_should_i_use_a_20000_sign_on_bonus/
|
pxbllw
|
hemctxx
|
Doing OK is all relative. What are your goals? Are you happy? You should not judge your happiness by other people's metrics but by your own.
If you are able to meet your needs and save money you're doing ok.
| 213 |
urza5589
| 1,632,850,958 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
pxbllw
|
heme94x
|
You're doing amazing given the salary you earn. Continue to invest at least 15% in retirement and you will only improve. Pay down that car loan and keep on stashing cash.
| 104 |
Chicagoan81
| 1,632,851,540 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
pxbllw
|
hemhjya
|
As everyone said, you are doing very well on what you are earning. If you are okay earning that, it is kind of difficult to own a 200K property at that income level.
I do suggest you shop that car insurance. Unless you are driving something new and expensive, at 32 that seems kind of high. Maybe it's just me.
| 29 |
ThisCharmingManTX
| 1,632,852,919 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
pxbllw
|
hemshf9
|
First of all, let me commend you on your savings and your 401k. I Made only slightly more than you at the same age and didn't have ANY of that. I was also living alone and unable to save anything.
Second of all, don't let anyone hate on you for living with your parents and stacking paper. That's called family support and that is what it is there for. I'm currently living with my parents after a sudden divorce and I'm 41. I appreciate it a lot because it is letting me recover mentally and not have to worry about financial stress.
Finally, if you're happy you're good. I don't know what you do for a living but if you are interested in making more money, now is probably the best time to try to do it with the job market the way it is. It is my only recommendation.
| 22 |
Mordanzibel
| 1,632,857,408 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
pxbllw
|
hemkx45
|
I see the savings is for a downpayment on a condo: $200k\*20% = $40k.
"63%, say they've been living paycheck to paycheck since the Covid-19 pandemic hit the U.S." - CNBC
So apparently you're doing better than 63% of Americans.
| 16 |
adamaero
| 1,632,854,316 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
pxbllw
|
hemjf9c
|
Go talk to a mortgage broker about that condo. Whether you are ready now or later, they can help look at your actual details and help you get there sooner rather than later. Condos are great investments, very low risk. You won't gain the value appreciation year over year like single family homes do, but you also don't have the risk. They are also easy to rent out if you decide to move and want to make profit on it.
| 7 |
wesconson1
| 1,632,853,693 |
I'm 32, make 35k a year with 40k in savings an 20k on 401(k), am I doing ok?
|
I still live with my parents and pay $500 in rent. I have a $220 car payment with $120 car insurance.My credit card limit is $3,000, but I only spend $500-600 a month and pay it in full. Am I doing ok?
Edit: My goal is to buy a condo around $200k. I don't have big fancy goals like some people, I just want to live life day by day and I'm happy with that.
Also, for people asking about my job, I work at an Amazon Fresh warehouse.
| 222 |
BlackSabbath1989
| 1,632,850,845 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/pxbllw/im_32_make_35k_a_year_with_40k_in_savings_an_20k/
|
omk3jo
|
h5lo7mq
|
Try your local United Way. There might be programs in your area for low-income housing or rental assistance. They will give you the referrals, then you do all the legwork. Churches also have programs for this—some would require membership and others will not.
| 8 |
dormilona313
| 1,626,588,432 |
26 yr old with nowhere left to turn.
|
This happened in 2020, first I worked at amazon but fell into bad health and had to go on leave, for which I only got 60% pay for 5 months. My car broke down, and I could no longer afford my rent at the apartment I was staying at. I moved in with a relative and I ultimately ended up getting let go from amazon. I Finally got a new job making 17 an hour, but all the money I had saved was gone and I started to have to rely on loans to make my bills which is car insurance a car note that I reluctantly had to get seeing as there was no way to afford a car otherwise. The last kicker is bad choices when I was 20 means my credit score is low 600's.
Well I just started to catch back up and I was going to be able to start saving money and paying off my debts, but the house I was living in flooded. I lived in the basement and a ton of my stuff got ruined and I no longer have a place to stay. I feel as if I have no where to turn and nothing to do. I have no property besides a used car that I got not too long ago. I am almost positive that no bank will be willing to give me a personal loan as to try and get myself into an apartment. The basement I used to live in wont be able to be used as a home to me anymore as the person I was living with isn't able to pay to have it refinished. is there anything anyone can think of that I can do to help me get a place to live.
PS I have a very strained relationship with my parents and my family so none of them are even willing to help me.
| 14 |
Throw-away-304
| 1,626,584,676 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/omk3jo/26_yr_old_with_nowhere_left_to_turn/
|
omk3jo
|
h5lo2an
|
I'm sorry for all that happened to you. I don't really have any advice for your living situation 😔 but - did you have renter's insurance? If so, you should file a claim ASAP - that would at least get you some money back for your loss.
| 7 |
pimpampoumz
| 1,626,588,323 |
26 yr old with nowhere left to turn.
|
This happened in 2020, first I worked at amazon but fell into bad health and had to go on leave, for which I only got 60% pay for 5 months. My car broke down, and I could no longer afford my rent at the apartment I was staying at. I moved in with a relative and I ultimately ended up getting let go from amazon. I Finally got a new job making 17 an hour, but all the money I had saved was gone and I started to have to rely on loans to make my bills which is car insurance a car note that I reluctantly had to get seeing as there was no way to afford a car otherwise. The last kicker is bad choices when I was 20 means my credit score is low 600's.
Well I just started to catch back up and I was going to be able to start saving money and paying off my debts, but the house I was living in flooded. I lived in the basement and a ton of my stuff got ruined and I no longer have a place to stay. I feel as if I have no where to turn and nothing to do. I have no property besides a used car that I got not too long ago. I am almost positive that no bank will be willing to give me a personal loan as to try and get myself into an apartment. The basement I used to live in wont be able to be used as a home to me anymore as the person I was living with isn't able to pay to have it refinished. is there anything anyone can think of that I can do to help me get a place to live.
PS I have a very strained relationship with my parents and my family so none of them are even willing to help me.
| 14 |
Throw-away-304
| 1,626,584,676 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/omk3jo/26_yr_old_with_nowhere_left_to_turn/
|
lh5jb0
|
gmw2yck
|
If it's only 5%, I wouldn't worry too much. She's an adult. An intelligent and educated one. You make your choices and she makes hers. Parents have to do this all the time, there's no controlling another adult no matter how much you love them.
| 146 |
BrightAd306
| 1,613,008,945 |
How do I convince my mom that turning over single stocks per quarter is not a good investment strategy?
|
So my mom has a CPA and a lot of my own good financial wisdom comes from her. However, there is one thing that I can't seem to convince her on: timing the market of single stocks.
So from looking at the ups and downs of the FAAMG stocks, she believes it's more efficient to go for these "high turnover" stocks. Buy in, wait until they increase by 10-20%, then sell off and use the capital to do the same thing on a different FAAMG stock in the next quarter.
As an engineer, I actually don't have a problem with this hypothesis. It's a valid strategy that can work well if you have repeatable back tested methods and sufficient computing resources. Renaissance technologies does this to achieve insane returns.
My main problem is explaining that we are not them. We don't have signal processing engineers, data scientists, and Nobel prize winning mathematicians on retainer to design machine learning algorithms to reap high expected values from the jaws of aggregate technicals and fundamentals. She claims it shouldn't be too hard. Just read news, guess when companies want to do a pump and dump or weird things like Elon buying up bitcoin, set calendar reminders for each up and down, then revisit them every year.
I personally prefer all in VTI, and the nearly assured 8% annual return over the next 10 years. My mom thinks that's simply too slow and that everything goes up in 10 years. Her analysis is anecdotal. She believes that the fact AAPL keeps stock splitting and her one friend who bought some Amazon means that there's already tons of missed opportunity in the up and down cycles of every stock. At the same time, she doesn't believe in herself enough to risk more than 5% of her portfolio into these YOLO stock strats (thankfully). Honestly, if she had just gone all-in VTI five years ago, she'd have doubled her money.
How do I convince her that making money off volatility like this is a much more complex problem than she thinks it is?
Edit: Thank you for the advice. I’ve realized that this issue isn’t in a bubble. I think I’ll continue putting money into VT/VTI/VXUS in the taxable brokerage account I’ve had and eventually when the dividend payouts are enough to replace my monthly checks to mom, she’ll benefit from this whether it’s me or her who chooses to invest the money.
| 73 |
iwantknow8
| 1,612,995,484 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/lh5jb0/how_do_i_convince_my_mom_that_turning_over_single/
|
lh5jb0
|
gmw4cwu
|
Agreed with the other poster that she’s only doing this on 5% of the portfolio means she actually understands the risk very well. What is the rest of her 95% invested in? More like index funds? If that’s the case the 5% doesn’t mean much. Her main growth is going to come from the 95%. I actually think this strategy of “playing” with a small percentage of your portfolio is something investors should do.
| 56 |
continue_improve
| 1,613,009,646 |
How do I convince my mom that turning over single stocks per quarter is not a good investment strategy?
|
So my mom has a CPA and a lot of my own good financial wisdom comes from her. However, there is one thing that I can't seem to convince her on: timing the market of single stocks.
So from looking at the ups and downs of the FAAMG stocks, she believes it's more efficient to go for these "high turnover" stocks. Buy in, wait until they increase by 10-20%, then sell off and use the capital to do the same thing on a different FAAMG stock in the next quarter.
As an engineer, I actually don't have a problem with this hypothesis. It's a valid strategy that can work well if you have repeatable back tested methods and sufficient computing resources. Renaissance technologies does this to achieve insane returns.
My main problem is explaining that we are not them. We don't have signal processing engineers, data scientists, and Nobel prize winning mathematicians on retainer to design machine learning algorithms to reap high expected values from the jaws of aggregate technicals and fundamentals. She claims it shouldn't be too hard. Just read news, guess when companies want to do a pump and dump or weird things like Elon buying up bitcoin, set calendar reminders for each up and down, then revisit them every year.
I personally prefer all in VTI, and the nearly assured 8% annual return over the next 10 years. My mom thinks that's simply too slow and that everything goes up in 10 years. Her analysis is anecdotal. She believes that the fact AAPL keeps stock splitting and her one friend who bought some Amazon means that there's already tons of missed opportunity in the up and down cycles of every stock. At the same time, she doesn't believe in herself enough to risk more than 5% of her portfolio into these YOLO stock strats (thankfully). Honestly, if she had just gone all-in VTI five years ago, she'd have doubled her money.
How do I convince her that making money off volatility like this is a much more complex problem than she thinks it is?
Edit: Thank you for the advice. I’ve realized that this issue isn’t in a bubble. I think I’ll continue putting money into VT/VTI/VXUS in the taxable brokerage account I’ve had and eventually when the dividend payouts are enough to replace my monthly checks to mom, she’ll benefit from this whether it’s me or her who chooses to invest the money.
| 73 |
iwantknow8
| 1,612,995,484 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/lh5jb0/how_do_i_convince_my_mom_that_turning_over_single/
|
laeq2n
|
glnut1u
|
I did this and the prostitute got very impatient.
| 5 |
Minnesotamad12
| 1,612,220,377 |
Wait three days before buying anything ( Exception )
|
So ya it's just what the title says, wait three days before buying anything. It's mostly just the excitement of getting something than you actually needing it. This personally has stopped me from getting nicknacks from amazon that are on sale. Of course, there are exceptions to this rule where if you need food, or need that car (especially if you live in America ).
| 12 |
Loose_Entertainment9
| 1,612,215,009 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/laeq2n/wait_three_days_before_buying_anything_exception/
|
l4mhge
|
gkpnw8s
|
Interesting story. While I don't think you are really that unique you definitely seem to have experienced both extremes of the financial spectrum. Welcome to the good side. As for your questions, here is my take.
1. I didn't follow the extreme spending but do feel that minimalism shares a lot of "value of the dollar" type traits. The best way to learn to live on less is literally to live on less. I like my creature comforts but when without them I am mostly no less happy. Once you learn those lower boundaries for you then you can stick to them. Establish that base lifestyle that you can live. I promise it doesn't involve high end everything but it may involve high end something. That is okay.
2. The best catchup option is to live below your means. There is an article by a blogger Mr money mustache. It is called "the shockingly simple math behind early retirement". Basically your retirement is going to be based much more on your savings rate (take home pay/spending) than anything else. You say you are 30s and let's say you want to retire in your 60s that is 30 years. To retire then you need a savings rate of 25%. Those numbers can be debated all you want but the trends are the same. This is all to say that you aren't really behind but if you don't start saving for retirement now then you will be.
3. I would go 401k match, savings buildup. Then once savings buildup is finished I would go with 401k full amount then Fidelity. You can't complain about taxes then not fully leverage the tax accounts that you do have at your disposal.
4. I did have a duplex that I house hacked. It is kind of like owning a home and having a roommate except you both have kitchens. Depending on the tenant can change things a lot. You are responsible for the house which has it's own set of downsides. Your "roommate" aka your tenant is a bitnof anwild card. You can do some vetting which really does help but if you get a bad one then you have to deal with that headache and you practically live with them. Check out bigger pockets for more tips on house hacking. Lots of people there doing that or started that way.
5. Check out the Financial Independence sub, blogs can be good but are really hit or miss. I check out collecting wisdom which is a compiler of those blogs. That can definitely get you a line on some good blogs. Bogleheads has some interesting investing advice but I don't read that much. Bigger pockets for real estate.
6. Death and taxes. You should realize your income makes you very high in the ranks of financial society. The average American salary is between 55k-80k. You are making over 4x the high end of that. If you lived like you were on that salary for a year you would save 75% of you income. After taxes you would still save over 100k/year. That would allow you to retire in very short order. Just because you don't want to live like that does not mean you are being taxed too much. Nearly everyone hates taxes but they do have a reason.
Plus how does net worth taxation work? I mean in theory it makes sense but in reality it would end up with people moving money off shore or just spending the money to keep taxation low. You were making almost 400k with a negative net worth do you think the life you lived to get there are what should qualify you for low taxes? Joe Smo is a supporting himself on a low income but spent years grinding away at savings and finally hit 500k so now he owes more taxes? I think that rewards the wrong things
If anything I would argue that taxes should move to a sales tax basis and/or a value added tax where the more you spend the more you get taxed then you are incentiving savings.
| 19 |
markofthemoser
| 1,611,586,918 |
Learn from a high paid jerk who piled up $200k of debt but finally paid it off
|
Throwaway account here to: share my story, whine, kick myself for the lost decade plus and the huge amount of wealth that missing out on this recent market rally (and all my other decisions) have cost me, repent/soul cleanse, humble brag, express genuine gratitude, reboot my thankfulness, and solicit some conversation and learning and ideas and inspiration so me and others can learn from this.
TLDR I am mid 30s I make good money but acted and spent money like an ASSHOLE for more than a decade from age 22 on, but am happy to be FINALLY be getting my shit together.
At present, I am debt free as of just a few wks ago (after having piled up to $200k plus of the stuff over a decade or so) and loving it. Stable good job at ~$150k or so base and ~$200k+ bonus and now starting to lock into longer term partnership benefits in the firm. Living in a medium/high COL city. Also struggled w weight (ever since my Freshman 15 and which grew into a Fabulous 50+) and am now back down to my 2013 weight and aiming to get to my 2005 weight (which is 2003 plus some muscle).
Just a lot going on and it’s nice to write it out because I can’t really share it with many people in my life. I dunno, whatever Reddit, read it if you want and deal with it 😎. I appreciate you guys. I have acted like an asshole in many ways and done a number on myself but I know deep down I love myself and deserve great things, which everything else is just a reflection of.
So:
Started working in mid 2000’s at $60k base plus $60k bonus or so (investment banking). Very blessed. After three years of it I climbed to $80k and made a $100k bonus. Took a few years off to attend grad school and travel the world, at huge expense, blew $100k of savings AND gathered $150k+ of student loan debt and was also unemployed for some time, not helping matters. Will leave you to do the math if what forgoing that income and piling on those expenses would compound to but I’d say it was easily $400k post tax swing and missed investing that into the 2010-present bull market run. I still cringe at the sheer volume of that loss - but then I did really, really enjoy my late 20s like few middle class suburban kids probably ever have, and frankly would have made the same choice 10/10 times so I own it.
Despite getting eventually re-employed and paid very well I continued to hold my student debt for nearly a decade and consistently racked up credit card debt in the tens of thousands. Attempted to clean things up with some Upstart/Prosper type loans to consolidate debt and just ended up adding $40k+ of that kind of shit paying ~8%. Credit rating was below 660 at the bottom. In my desperation I also raided anything I had put in my 401k, my Roth’s (from the few yrs I was eligible), and a variable life insurance policy (all were half hearted attempts at being financially “responsible”). Needless to say the value of a dollar and how to manage a budget was ENTIRELY fucking lost on me. Ironically I double majored in finance and accounting (with honors) at my university.
Have lived my entire life blowing every dollar I make in a life of unhealthy excess beyond my means. Alcohol, food, women (let’s just say the “expensive” type that will spend “time” with you), travel, Amazon, golf, electronics, audio equipment/vinyl records, watches...you get the idea. Highly addictive personality with big impulse purchasing habits. I have avoided ever doing cocaine for this very reason and thankfully don’t really have a “car thing” or I may be totally ruined.
Flash forward to a few years ago there is a catastrophic event in my life that threatens my livelihood and career.
Will not go into detail but I essentially I luck out, #blessed (genuinely) and this thing appears to be going nowhere. So I have a second lease on life.
Today:
I have paid off all student loans and credit cards (these totaled over $250k)
Credit rating is above 800
Just surpassed $100k in my 401k
Car is nice but fully paid off (pre-2010 Audi)
Cut hundreds / thousands out of my budget via debt reduction (P&I) and canceling so many fucking subscriptions I didn’t even know I had
Stable job that pays $150k base plus $200k bonus (last year) and now starting to get profit sharing that will build with time.
Quit smoking 10 plus yrs ago.
There is still a lot I am figuring out, but wanted to share one asshole’s story of recovery and self love. It’s a really exciting time and I wanted to share. Sorry if any of this comes off as douchey. I’m a nice guy but there’s a lot of this that will just sound douchey to some no matter how you couch it.
Questions for discussion:
1) For people who have struggled with similar paths - how did you re-establish / learn the value of a dollar? For now I am using cash exclusively for the near term (at least the next few mos), to enjoy my new (for now) debt free life (I do understand the benefits of good debt eg mortgages and investment property) and also make sure I can stick to a budget sustainably.
2) What do you think are the best “catchup” moves for someone my age / situation- I’m not eligible for Roth’s and some other catchup options. Some catchup options feel like cruel jokes (can’t do them until you are 50 and it is way too late).
3) related to 2 - I currently go 1) 401k up to employer matching amount, 2) savings (rebuilding 6 mos of living expenses), 3) Fidelity S&P500 index fund. Should I consider other vehicles eg variable life plan / other tax advantages thing or just keep pumping Fidelity? (Giggity)
4) currently renting a pretty nice apartment at $3500 a month - considering downsizing (may be leaving my SO but that’s for another thread) - curious about buying a duplex and living in half of it - if you have good relevant thread link on pros and cons let me know
5) any other good tips or resources you recommend
6) topic for discussion - would eliminating the 401k and Roth contribution limit for anyone under $x million of net worth promote social mobility? Obviously a massive oversimplification but I feel like these limits are in place just to keep normal people down.
Thanks for listening and also for any advice you share.
~The Original Poster
| 222 |
Timemachine1984
| 1,611,575,968 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/l4mhge/learn_from_a_high_paid_jerk_who_piled_up_200k_of/
|
l4mhge
|
gkpb6hu
|
This was a really interesting read, thanks for sharing your story. This sub gets boring with the "21 just starting out help me fire posts".
First let me say welcome to the FI community, you are here now, the hard part is over, and it's only onward and upwards from here on out. I'd imagine most of us stumbled across this sub after we made some questionable money decisions and wanted to be better with our own personal finance.
The good news is that you make a lot of money, and it will be easily for you to get back on track. I also think right now is a great time to start investing. Interest rates at an all time low, Biden administration plans to spend federal money to stimulate the economy. I think we will continue to see a bull market for several more years.
My advice: For someone with a high income like yourself, you should be maxing out all the retirement accounts available to you. 401k, Traditional Roth, HSA, and see if your company offers an after tax 401K. You should research a "back door Roth", and "mega back door Roth". Those are both excellent ways to catch up.
I personally don't think you need 6 months expenses in cash, but that's a personal decision. I also spend a lot for a mortgage myself, $2400 a month primary residence and right now we are renting a beach house in FL an extra $3k a month on top of our mortgage. So I don't think you have to move if you like your place.
Most important thing you need to do is automate your retirement savings. Every paycheck you should be contributing to your retirement accounts. I am 32 and have all my money in S&P 500 or VTSAX. 100% equities.
Last, and most importantly as your salary or bonus grow do not inflate your lifestyle, immediately save it. If you do these things you will be a millionaire likely in your 40s and if you want, you might be able to fatfire in your early 50s.
Cheers and good luck.
| 26 |
firebeachbum
| 1,611,579,699 |
Learn from a high paid jerk who piled up $200k of debt but finally paid it off
|
Throwaway account here to: share my story, whine, kick myself for the lost decade plus and the huge amount of wealth that missing out on this recent market rally (and all my other decisions) have cost me, repent/soul cleanse, humble brag, express genuine gratitude, reboot my thankfulness, and solicit some conversation and learning and ideas and inspiration so me and others can learn from this.
TLDR I am mid 30s I make good money but acted and spent money like an ASSHOLE for more than a decade from age 22 on, but am happy to be FINALLY be getting my shit together.
At present, I am debt free as of just a few wks ago (after having piled up to $200k plus of the stuff over a decade or so) and loving it. Stable good job at ~$150k or so base and ~$200k+ bonus and now starting to lock into longer term partnership benefits in the firm. Living in a medium/high COL city. Also struggled w weight (ever since my Freshman 15 and which grew into a Fabulous 50+) and am now back down to my 2013 weight and aiming to get to my 2005 weight (which is 2003 plus some muscle).
Just a lot going on and it’s nice to write it out because I can’t really share it with many people in my life. I dunno, whatever Reddit, read it if you want and deal with it 😎. I appreciate you guys. I have acted like an asshole in many ways and done a number on myself but I know deep down I love myself and deserve great things, which everything else is just a reflection of.
So:
Started working in mid 2000’s at $60k base plus $60k bonus or so (investment banking). Very blessed. After three years of it I climbed to $80k and made a $100k bonus. Took a few years off to attend grad school and travel the world, at huge expense, blew $100k of savings AND gathered $150k+ of student loan debt and was also unemployed for some time, not helping matters. Will leave you to do the math if what forgoing that income and piling on those expenses would compound to but I’d say it was easily $400k post tax swing and missed investing that into the 2010-present bull market run. I still cringe at the sheer volume of that loss - but then I did really, really enjoy my late 20s like few middle class suburban kids probably ever have, and frankly would have made the same choice 10/10 times so I own it.
Despite getting eventually re-employed and paid very well I continued to hold my student debt for nearly a decade and consistently racked up credit card debt in the tens of thousands. Attempted to clean things up with some Upstart/Prosper type loans to consolidate debt and just ended up adding $40k+ of that kind of shit paying ~8%. Credit rating was below 660 at the bottom. In my desperation I also raided anything I had put in my 401k, my Roth’s (from the few yrs I was eligible), and a variable life insurance policy (all were half hearted attempts at being financially “responsible”). Needless to say the value of a dollar and how to manage a budget was ENTIRELY fucking lost on me. Ironically I double majored in finance and accounting (with honors) at my university.
Have lived my entire life blowing every dollar I make in a life of unhealthy excess beyond my means. Alcohol, food, women (let’s just say the “expensive” type that will spend “time” with you), travel, Amazon, golf, electronics, audio equipment/vinyl records, watches...you get the idea. Highly addictive personality with big impulse purchasing habits. I have avoided ever doing cocaine for this very reason and thankfully don’t really have a “car thing” or I may be totally ruined.
Flash forward to a few years ago there is a catastrophic event in my life that threatens my livelihood and career.
Will not go into detail but I essentially I luck out, #blessed (genuinely) and this thing appears to be going nowhere. So I have a second lease on life.
Today:
I have paid off all student loans and credit cards (these totaled over $250k)
Credit rating is above 800
Just surpassed $100k in my 401k
Car is nice but fully paid off (pre-2010 Audi)
Cut hundreds / thousands out of my budget via debt reduction (P&I) and canceling so many fucking subscriptions I didn’t even know I had
Stable job that pays $150k base plus $200k bonus (last year) and now starting to get profit sharing that will build with time.
Quit smoking 10 plus yrs ago.
There is still a lot I am figuring out, but wanted to share one asshole’s story of recovery and self love. It’s a really exciting time and I wanted to share. Sorry if any of this comes off as douchey. I’m a nice guy but there’s a lot of this that will just sound douchey to some no matter how you couch it.
Questions for discussion:
1) For people who have struggled with similar paths - how did you re-establish / learn the value of a dollar? For now I am using cash exclusively for the near term (at least the next few mos), to enjoy my new (for now) debt free life (I do understand the benefits of good debt eg mortgages and investment property) and also make sure I can stick to a budget sustainably.
2) What do you think are the best “catchup” moves for someone my age / situation- I’m not eligible for Roth’s and some other catchup options. Some catchup options feel like cruel jokes (can’t do them until you are 50 and it is way too late).
3) related to 2 - I currently go 1) 401k up to employer matching amount, 2) savings (rebuilding 6 mos of living expenses), 3) Fidelity S&P500 index fund. Should I consider other vehicles eg variable life plan / other tax advantages thing or just keep pumping Fidelity? (Giggity)
4) currently renting a pretty nice apartment at $3500 a month - considering downsizing (may be leaving my SO but that’s for another thread) - curious about buying a duplex and living in half of it - if you have good relevant thread link on pros and cons let me know
5) any other good tips or resources you recommend
6) topic for discussion - would eliminating the 401k and Roth contribution limit for anyone under $x million of net worth promote social mobility? Obviously a massive oversimplification but I feel like these limits are in place just to keep normal people down.
Thanks for listening and also for any advice you share.
~The Original Poster
| 222 |
Timemachine1984
| 1,611,575,968 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/l4mhge/learn_from_a_high_paid_jerk_who_piled_up_200k_of/
|
l4mhge
|
gkpbwch
|
Tackling questions (2) and (3), given your income, your limited on options. But a good ol' brokerage account is better than nothing. Fidelity is a fine choice there. Only other idea is to max out an HSA if you have it available to you.
On point (6), just my POV, but I think you're overreacting to the Roth income limit. For someone like you making $200k+, investing $6k into a Roth won't make or break your retirement. Just don't let that be an excuse and keep your head down funneling money into your path you setup in (3)... which is a good and simple strategy
| 6 |
kpdouble3
| 1,611,580,199 |
Learn from a high paid jerk who piled up $200k of debt but finally paid it off
|
Throwaway account here to: share my story, whine, kick myself for the lost decade plus and the huge amount of wealth that missing out on this recent market rally (and all my other decisions) have cost me, repent/soul cleanse, humble brag, express genuine gratitude, reboot my thankfulness, and solicit some conversation and learning and ideas and inspiration so me and others can learn from this.
TLDR I am mid 30s I make good money but acted and spent money like an ASSHOLE for more than a decade from age 22 on, but am happy to be FINALLY be getting my shit together.
At present, I am debt free as of just a few wks ago (after having piled up to $200k plus of the stuff over a decade or so) and loving it. Stable good job at ~$150k or so base and ~$200k+ bonus and now starting to lock into longer term partnership benefits in the firm. Living in a medium/high COL city. Also struggled w weight (ever since my Freshman 15 and which grew into a Fabulous 50+) and am now back down to my 2013 weight and aiming to get to my 2005 weight (which is 2003 plus some muscle).
Just a lot going on and it’s nice to write it out because I can’t really share it with many people in my life. I dunno, whatever Reddit, read it if you want and deal with it 😎. I appreciate you guys. I have acted like an asshole in many ways and done a number on myself but I know deep down I love myself and deserve great things, which everything else is just a reflection of.
So:
Started working in mid 2000’s at $60k base plus $60k bonus or so (investment banking). Very blessed. After three years of it I climbed to $80k and made a $100k bonus. Took a few years off to attend grad school and travel the world, at huge expense, blew $100k of savings AND gathered $150k+ of student loan debt and was also unemployed for some time, not helping matters. Will leave you to do the math if what forgoing that income and piling on those expenses would compound to but I’d say it was easily $400k post tax swing and missed investing that into the 2010-present bull market run. I still cringe at the sheer volume of that loss - but then I did really, really enjoy my late 20s like few middle class suburban kids probably ever have, and frankly would have made the same choice 10/10 times so I own it.
Despite getting eventually re-employed and paid very well I continued to hold my student debt for nearly a decade and consistently racked up credit card debt in the tens of thousands. Attempted to clean things up with some Upstart/Prosper type loans to consolidate debt and just ended up adding $40k+ of that kind of shit paying ~8%. Credit rating was below 660 at the bottom. In my desperation I also raided anything I had put in my 401k, my Roth’s (from the few yrs I was eligible), and a variable life insurance policy (all were half hearted attempts at being financially “responsible”). Needless to say the value of a dollar and how to manage a budget was ENTIRELY fucking lost on me. Ironically I double majored in finance and accounting (with honors) at my university.
Have lived my entire life blowing every dollar I make in a life of unhealthy excess beyond my means. Alcohol, food, women (let’s just say the “expensive” type that will spend “time” with you), travel, Amazon, golf, electronics, audio equipment/vinyl records, watches...you get the idea. Highly addictive personality with big impulse purchasing habits. I have avoided ever doing cocaine for this very reason and thankfully don’t really have a “car thing” or I may be totally ruined.
Flash forward to a few years ago there is a catastrophic event in my life that threatens my livelihood and career.
Will not go into detail but I essentially I luck out, #blessed (genuinely) and this thing appears to be going nowhere. So I have a second lease on life.
Today:
I have paid off all student loans and credit cards (these totaled over $250k)
Credit rating is above 800
Just surpassed $100k in my 401k
Car is nice but fully paid off (pre-2010 Audi)
Cut hundreds / thousands out of my budget via debt reduction (P&I) and canceling so many fucking subscriptions I didn’t even know I had
Stable job that pays $150k base plus $200k bonus (last year) and now starting to get profit sharing that will build with time.
Quit smoking 10 plus yrs ago.
There is still a lot I am figuring out, but wanted to share one asshole’s story of recovery and self love. It’s a really exciting time and I wanted to share. Sorry if any of this comes off as douchey. I’m a nice guy but there’s a lot of this that will just sound douchey to some no matter how you couch it.
Questions for discussion:
1) For people who have struggled with similar paths - how did you re-establish / learn the value of a dollar? For now I am using cash exclusively for the near term (at least the next few mos), to enjoy my new (for now) debt free life (I do understand the benefits of good debt eg mortgages and investment property) and also make sure I can stick to a budget sustainably.
2) What do you think are the best “catchup” moves for someone my age / situation- I’m not eligible for Roth’s and some other catchup options. Some catchup options feel like cruel jokes (can’t do them until you are 50 and it is way too late).
3) related to 2 - I currently go 1) 401k up to employer matching amount, 2) savings (rebuilding 6 mos of living expenses), 3) Fidelity S&P500 index fund. Should I consider other vehicles eg variable life plan / other tax advantages thing or just keep pumping Fidelity? (Giggity)
4) currently renting a pretty nice apartment at $3500 a month - considering downsizing (may be leaving my SO but that’s for another thread) - curious about buying a duplex and living in half of it - if you have good relevant thread link on pros and cons let me know
5) any other good tips or resources you recommend
6) topic for discussion - would eliminating the 401k and Roth contribution limit for anyone under $x million of net worth promote social mobility? Obviously a massive oversimplification but I feel like these limits are in place just to keep normal people down.
Thanks for listening and also for any advice you share.
~The Original Poster
| 222 |
Timemachine1984
| 1,611,575,968 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/l4mhge/learn_from_a_high_paid_jerk_who_piled_up_200k_of/
|
l4mhge
|
gkpem5l
|
Max out your 401k, buy a house that is way less than what a mortgage broker tells you you can “afford”, and figure out if with your money left over you want to pump it into a brokerage account, invest in real estate that makes enough profit to have a property manager take care of the day to day, or invest in or start a business on the side and put as much of the profits as you can into a SEP IRA. As someone who is also a former over spender with an addictive personality, I can say that the chase of real estate deals and business growth can replace the rush of the over spending, but in a way that returns a profit instead of burning cash to feel better.
| 6 |
facerollwiz
| 1,611,581,961 |
Learn from a high paid jerk who piled up $200k of debt but finally paid it off
|
Throwaway account here to: share my story, whine, kick myself for the lost decade plus and the huge amount of wealth that missing out on this recent market rally (and all my other decisions) have cost me, repent/soul cleanse, humble brag, express genuine gratitude, reboot my thankfulness, and solicit some conversation and learning and ideas and inspiration so me and others can learn from this.
TLDR I am mid 30s I make good money but acted and spent money like an ASSHOLE for more than a decade from age 22 on, but am happy to be FINALLY be getting my shit together.
At present, I am debt free as of just a few wks ago (after having piled up to $200k plus of the stuff over a decade or so) and loving it. Stable good job at ~$150k or so base and ~$200k+ bonus and now starting to lock into longer term partnership benefits in the firm. Living in a medium/high COL city. Also struggled w weight (ever since my Freshman 15 and which grew into a Fabulous 50+) and am now back down to my 2013 weight and aiming to get to my 2005 weight (which is 2003 plus some muscle).
Just a lot going on and it’s nice to write it out because I can’t really share it with many people in my life. I dunno, whatever Reddit, read it if you want and deal with it 😎. I appreciate you guys. I have acted like an asshole in many ways and done a number on myself but I know deep down I love myself and deserve great things, which everything else is just a reflection of.
So:
Started working in mid 2000’s at $60k base plus $60k bonus or so (investment banking). Very blessed. After three years of it I climbed to $80k and made a $100k bonus. Took a few years off to attend grad school and travel the world, at huge expense, blew $100k of savings AND gathered $150k+ of student loan debt and was also unemployed for some time, not helping matters. Will leave you to do the math if what forgoing that income and piling on those expenses would compound to but I’d say it was easily $400k post tax swing and missed investing that into the 2010-present bull market run. I still cringe at the sheer volume of that loss - but then I did really, really enjoy my late 20s like few middle class suburban kids probably ever have, and frankly would have made the same choice 10/10 times so I own it.
Despite getting eventually re-employed and paid very well I continued to hold my student debt for nearly a decade and consistently racked up credit card debt in the tens of thousands. Attempted to clean things up with some Upstart/Prosper type loans to consolidate debt and just ended up adding $40k+ of that kind of shit paying ~8%. Credit rating was below 660 at the bottom. In my desperation I also raided anything I had put in my 401k, my Roth’s (from the few yrs I was eligible), and a variable life insurance policy (all were half hearted attempts at being financially “responsible”). Needless to say the value of a dollar and how to manage a budget was ENTIRELY fucking lost on me. Ironically I double majored in finance and accounting (with honors) at my university.
Have lived my entire life blowing every dollar I make in a life of unhealthy excess beyond my means. Alcohol, food, women (let’s just say the “expensive” type that will spend “time” with you), travel, Amazon, golf, electronics, audio equipment/vinyl records, watches...you get the idea. Highly addictive personality with big impulse purchasing habits. I have avoided ever doing cocaine for this very reason and thankfully don’t really have a “car thing” or I may be totally ruined.
Flash forward to a few years ago there is a catastrophic event in my life that threatens my livelihood and career.
Will not go into detail but I essentially I luck out, #blessed (genuinely) and this thing appears to be going nowhere. So I have a second lease on life.
Today:
I have paid off all student loans and credit cards (these totaled over $250k)
Credit rating is above 800
Just surpassed $100k in my 401k
Car is nice but fully paid off (pre-2010 Audi)
Cut hundreds / thousands out of my budget via debt reduction (P&I) and canceling so many fucking subscriptions I didn’t even know I had
Stable job that pays $150k base plus $200k bonus (last year) and now starting to get profit sharing that will build with time.
Quit smoking 10 plus yrs ago.
There is still a lot I am figuring out, but wanted to share one asshole’s story of recovery and self love. It’s a really exciting time and I wanted to share. Sorry if any of this comes off as douchey. I’m a nice guy but there’s a lot of this that will just sound douchey to some no matter how you couch it.
Questions for discussion:
1) For people who have struggled with similar paths - how did you re-establish / learn the value of a dollar? For now I am using cash exclusively for the near term (at least the next few mos), to enjoy my new (for now) debt free life (I do understand the benefits of good debt eg mortgages and investment property) and also make sure I can stick to a budget sustainably.
2) What do you think are the best “catchup” moves for someone my age / situation- I’m not eligible for Roth’s and some other catchup options. Some catchup options feel like cruel jokes (can’t do them until you are 50 and it is way too late).
3) related to 2 - I currently go 1) 401k up to employer matching amount, 2) savings (rebuilding 6 mos of living expenses), 3) Fidelity S&P500 index fund. Should I consider other vehicles eg variable life plan / other tax advantages thing or just keep pumping Fidelity? (Giggity)
4) currently renting a pretty nice apartment at $3500 a month - considering downsizing (may be leaving my SO but that’s for another thread) - curious about buying a duplex and living in half of it - if you have good relevant thread link on pros and cons let me know
5) any other good tips or resources you recommend
6) topic for discussion - would eliminating the 401k and Roth contribution limit for anyone under $x million of net worth promote social mobility? Obviously a massive oversimplification but I feel like these limits are in place just to keep normal people down.
Thanks for listening and also for any advice you share.
~The Original Poster
| 222 |
Timemachine1984
| 1,611,575,968 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/l4mhge/learn_from_a_high_paid_jerk_who_piled_up_200k_of/
|
kjhtqf
|
ggwq6l4
|
Buying stocks can lead to stress and constantly researching. You may be better of just investing in indexed mutual funds. Total stock market, total international stock market, total bond market. Figure out the right allocation mix for you and be patient. No home runs but no drastic drops either!
| 124 |
IMissSleepingIn
| 1,608,826,885 |
what could possibly go wrong??
|
I have saved up about 200k since 2018. I just turned 32. The money is sitting in a savings account. Minimal debt (3k), no kids, no wife, expenses are about 1k monthly in rent and bills. Prior to 2018 I pretty much squandered most of my money traveling (I am a huge F1 fan and attending those cost a pretty penny). I once tried playing around with stocks in 2013/14 made a few bucks here and there, but one day I made a mistake of pouring a lot of money on a CBD stock (they were getting pumped big time and I was a noob) and lost all of it. My trading account was wiped out to a mere $0.94 in a matter of minutes. I still look at that TD account till today as a reminder of some of the dumb stuff I have done. Since then I have been a little scared about investing in the stock market. The good - less stress/anxiety, the bad - I have grown to see TSLA rise from the sub 100s to over 1.6k, bitcoin jump from 250 to 20k, amazon and google from the low 100s to where they are now. The regrets keep eating me alive. But then I keep saying, there's a reason and time for everything. I have become very much comfortable with the fact that in this game, you have to be prepared to lose. That's the mindset that I am going with this time round. I am looking at investing about 100-150k into stocks, ETFs and index funds. I am looking for both long term and short term growth as well as dividend paying ETFs that can average about 300 or more per month. So with all that said, I am humbly asking for opinions from those who are in this game. I have been doing some research for a few months now and I keep seeing a lot of noise about the same stocks and ETFs. Any piece of advice would be greatly appreciated.
| 98 |
maasaiwarrior88
| 1,608,825,998 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/kjhtqf/what_could_possibly_go_wrong/
|
kjhtqf
|
ggx8jj6
|
You took the wrong lesson away from your experience with that CBD stock. Betting a large portion of your net work on a single stock is stupid. It was stupid to put it in that CBD stock, and it would have been exactly as stupid to put it in Amazon, Tesla, Bitcoin, or Google. If you had picked one of the latter stocks early then you would be rich, but you would be a rich idiot, just like an idiot that buys a lottery ticket. Until you understand the empirical research and statistical models which prove that those moves are stupid, you will probably screw up this time around and you'd be better off keeping your money in cash so that it is slowly eaten away by inflation rather than wasted on one dumb bet.
The research says that it is hilariously easy to invest wisely and get rich - it just takes awhile. The answer is to buy portions of every publicly traded company in the world, in proportion to their market capitalization. You can do this with a single financial product: VT, a Vanguard ETF, and VTWAX, a Vanguard index fund, both do this (more or less). With other firms you might have to use two financial products: one US total market index fund, and one total international ex-US index fund. If you invest in this way then you don't "have to be prepared to lose" - at worst you have to be prepared to ride out a few dips. The only way you lose is if capitalism permanently dies everywhere in the world, and in that case what you do with your money is irrelevant.
The research says that this is close to an optimal portfolio, but you can do a little better by tilting to small cap and value stocks. It's a little tricky to do this with financial products available to retail investors, but it's possible. Every other strategy that you can think of takes uncompensated risk, i.e. risk for which you cannot expect to get back positive returns on average. Like jumping a motorcycle over the grand canyon, don't take that kind of risk unless you have training and experience.
| 24 |
asking-money-qns
| 1,608,837,302 |
what could possibly go wrong??
|
I have saved up about 200k since 2018. I just turned 32. The money is sitting in a savings account. Minimal debt (3k), no kids, no wife, expenses are about 1k monthly in rent and bills. Prior to 2018 I pretty much squandered most of my money traveling (I am a huge F1 fan and attending those cost a pretty penny). I once tried playing around with stocks in 2013/14 made a few bucks here and there, but one day I made a mistake of pouring a lot of money on a CBD stock (they were getting pumped big time and I was a noob) and lost all of it. My trading account was wiped out to a mere $0.94 in a matter of minutes. I still look at that TD account till today as a reminder of some of the dumb stuff I have done. Since then I have been a little scared about investing in the stock market. The good - less stress/anxiety, the bad - I have grown to see TSLA rise from the sub 100s to over 1.6k, bitcoin jump from 250 to 20k, amazon and google from the low 100s to where they are now. The regrets keep eating me alive. But then I keep saying, there's a reason and time for everything. I have become very much comfortable with the fact that in this game, you have to be prepared to lose. That's the mindset that I am going with this time round. I am looking at investing about 100-150k into stocks, ETFs and index funds. I am looking for both long term and short term growth as well as dividend paying ETFs that can average about 300 or more per month. So with all that said, I am humbly asking for opinions from those who are in this game. I have been doing some research for a few months now and I keep seeing a lot of noise about the same stocks and ETFs. Any piece of advice would be greatly appreciated.
| 98 |
maasaiwarrior88
| 1,608,825,998 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/kjhtqf/what_could_possibly_go_wrong/
|
kjhtqf
|
ggwpzpq
|
I’d play the long game with ETFs. I wouldn’t mess with individual stocks unless you have a deep knowledge of the company/industry that didn’t come from Google. I wouldn’t put money in the market for the short term. That’s how I do it.
| 44 |
MisterSlyGuy
| 1,608,826,774 |
what could possibly go wrong??
|
I have saved up about 200k since 2018. I just turned 32. The money is sitting in a savings account. Minimal debt (3k), no kids, no wife, expenses are about 1k monthly in rent and bills. Prior to 2018 I pretty much squandered most of my money traveling (I am a huge F1 fan and attending those cost a pretty penny). I once tried playing around with stocks in 2013/14 made a few bucks here and there, but one day I made a mistake of pouring a lot of money on a CBD stock (they were getting pumped big time and I was a noob) and lost all of it. My trading account was wiped out to a mere $0.94 in a matter of minutes. I still look at that TD account till today as a reminder of some of the dumb stuff I have done. Since then I have been a little scared about investing in the stock market. The good - less stress/anxiety, the bad - I have grown to see TSLA rise from the sub 100s to over 1.6k, bitcoin jump from 250 to 20k, amazon and google from the low 100s to where they are now. The regrets keep eating me alive. But then I keep saying, there's a reason and time for everything. I have become very much comfortable with the fact that in this game, you have to be prepared to lose. That's the mindset that I am going with this time round. I am looking at investing about 100-150k into stocks, ETFs and index funds. I am looking for both long term and short term growth as well as dividend paying ETFs that can average about 300 or more per month. So with all that said, I am humbly asking for opinions from those who are in this game. I have been doing some research for a few months now and I keep seeing a lot of noise about the same stocks and ETFs. Any piece of advice would be greatly appreciated.
| 98 |
maasaiwarrior88
| 1,608,825,998 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/kjhtqf/what_could_possibly_go_wrong/
|
kita6x
|
ggspvbi
|
Your grammar is fantastic. No worries.
You say per paycheck. How often is that? Weekly, every other week or twice a month? We need to get an accurate idea of your real take home pay to formulate a plan.
You are right to think short term to get in to an apartment and out of the situation you are in. But once that's done, tell the S.O. you take control of finances, he can not borrow anymore and start cleaning that up for the long term.
| 8 |
ThisCharmingManTX
| 1,608,732,343 |
How can I pay off my debt fast and still save money for a apartment?
|
I'M GOING TO GET MY STUFF TOGETHER AND MAKE A NEW POST. WITH MY FIANCE EXPENSES AND EXACT NUMBERS. Thank you everyone for the help, your are amazing!!!!!
I have 1k in credit card debt and I would like to pay it off as quick as possible. Also have a Amazon credit card with $100 but I pay it off every month.
Car payment: $320.41
Car insurance: $195.83 ( it was cheaper to keep my old car on the insurance)
Phone bill $303.27 (2 phones 1 watch)
Spotify:$10.00
Gas $30.00 (every two weeks)
I do not pay rent at the moment.
Groceries: $150-$200 hopefully
(I recently had a falling out with my mother so I will no longer be feeding 4 other people, Just me and my SO.)
I bring home around $800 to $700 per paycheck. My SO finance are horrible 15k+ in debt. He brings home $900-1k per paycheck. At this moment I am trying to figure out what I need to get done before dealing with his mess.
By the end of January we would like to be on our own place. We are looking to pay 800 or less for apartment. I was looking into apartment assistance programs but my stepdad dad say we make too much, it this true? I have clue where to start looking for something like that.
F-22 M-26.
I will add anything if I missed anything and sorry for the bad grammar.
| 16 |
Heliophilia_Desire
| 1,608,730,910 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/kita6x/how_can_i_pay_off_my_debt_fast_and_still_save/
|
kita6x
|
ggspvy6
|
You didn’t state whether your grocery bill/budget is weekly or monthly?
If the $200 is weekly, you have approximately $1420 left over every month, after bills.
If the $200 is monthly, you have approximately $2,000 left over every month.
Also, you didn’t state anything about your location, so we can’t advise you on low income apartments in your area.
At $800/mo in rent, you will need approximately $2,400 to start out. So you need to figure out what portion your boyfriend will be contributing, and that will give you your answer. If it were me though, I wouldn’t leave a free place to rent for at least the next 12 months. I would spend that 12 months saving the monthly rent money, that way when you do move out, you will have one years worth of rent on hand, just in case you have a job loss or any other unforeseen expenses.
| 6 |
cg10-2020
| 1,608,732,356 |
How can I pay off my debt fast and still save money for a apartment?
|
I'M GOING TO GET MY STUFF TOGETHER AND MAKE A NEW POST. WITH MY FIANCE EXPENSES AND EXACT NUMBERS. Thank you everyone for the help, your are amazing!!!!!
I have 1k in credit card debt and I would like to pay it off as quick as possible. Also have a Amazon credit card with $100 but I pay it off every month.
Car payment: $320.41
Car insurance: $195.83 ( it was cheaper to keep my old car on the insurance)
Phone bill $303.27 (2 phones 1 watch)
Spotify:$10.00
Gas $30.00 (every two weeks)
I do not pay rent at the moment.
Groceries: $150-$200 hopefully
(I recently had a falling out with my mother so I will no longer be feeding 4 other people, Just me and my SO.)
I bring home around $800 to $700 per paycheck. My SO finance are horrible 15k+ in debt. He brings home $900-1k per paycheck. At this moment I am trying to figure out what I need to get done before dealing with his mess.
By the end of January we would like to be on our own place. We are looking to pay 800 or less for apartment. I was looking into apartment assistance programs but my stepdad dad say we make too much, it this true? I have clue where to start looking for something like that.
F-22 M-26.
I will add anything if I missed anything and sorry for the bad grammar.
| 16 |
Heliophilia_Desire
| 1,608,730,910 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/kita6x/how_can_i_pay_off_my_debt_fast_and_still_save/
|
k219y7
|
gdrpbc5
|
I like to occasionally look at these calculators to see where we’re at relative to most Americans:
[Net worth by age](https://dqydj.com/net-worth-by-age-calculator-united-states/)
[Income by age](https://dqydj.com/income-percentile-by-age-calculator/)
[Income by household](https://dqydj.com/household-income-percentile-calculator/)
My wife and I are 31/32, so we’re a few years ahead of you. I bet y’all will be further along than we are 5 years from now because it’s sounds like y’all are very disciplined and are investing at a much higher percentage with a higher net worth than we were at your age. We’re at a $280k net worth with a $160k household income
Our net worth puts us in the top 10% of people in the 30-34 age bracket. Looks like your net worth puts you right around the top 10% of the 25-29 bracket.
Your individual income puts you in the top 20% of 26 year olds. I’d hope that when your husband gets out of grad school he’s making at least $60k, so that’d give you a $120k household income. That’d put y’all in roughly the top quarter of households.
Y’all are doing great relative to most of the country. It’s only gonna get better when your husband graduates and starts his career. You got this
| 13 |
uniballing
| 1,606,489,102 |
Anyone willing to share their financial situation?
|
Obviously nothing specific. I'm a 26F, married and pretty financially stable. But with memes and articles across the interwebs talking about millenials struggling financially, I sort of wonder where I land, financially speaking. Am I close to normal? Above average? I'm curious to see how I compare to other folks! Here's a vague summary of my situation:
I'm an RN, I make a little over $60,000 per year, which after taxes and benefits ends up closer to $37,000 in take home pay. My husband is a grad student, and gets around $20,000-$25,000 per year as a stipend. Our rent is just over a grand/month, bills/utilities around $150 total per month. We grocery shop and order in about once a week (each), and typically have a personal spending budget (for video games, random stuff on Wish or Amazon etc) of between $150-$250 depending on the month. Combined, we put about $750 into savings each month, $150 into Roth IRAs (soon to increase), and will soon start investing more into a Vanguard account we started with money from my husband's grandfather for a future house down payment. Our monthly budget (including the transfers to savings and investments) is usually under-spending for what we bring home, hence the soon to be increase in investment spending. I typically budget on $3,500 a month, and always have funds left over. In total between my 401K, our Roth IRAs, my HSA, our Vanguard account, and a Stash account I made for fun, I'd estimate our combined net worth around $150,000, give or take.
Edit to add: I've paid off my own student loans, my husband has about $13,500 left which combined we contribute $750 to each month.
Is this good?? Like I said, am I at/below/above average for my age? Anything I could be doing differently? I'd love to hear how this compares to others my age!
| 11 |
enter_da_kosmos
| 1,606,484,421 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/k219y7/anyone_willing_to_share_their_financial_situation/
|
jhm0zp
|
ga24159
|
This will be an unpopular opinion, but the OP can do a lot more damage to the portfolio on their own than 1.5% a year. It took me years.. decades? to learn how not to fuck up. Read a wiki and learn how to manage a 13M portfolio? Sincerely, good luck.
| 17 |
uniquei
| 1,603,634,929 |
Unique Circumstance
|
I am 25 years old and just recently inherited quite a bit of money after my mother passed away recently.
Talking to the estate lawyer I found out my mom has quite a bit in stocks. She had most of the money in 4 major companies.
Amazon: 1,146 shares = $3,672,242.40
Apple: 25,784 shares = $2,966,191.36
Comcast: 68,745 shares = $3,097,649.70
Disney: 15,487 shares = $1,987,756.45
and about 10 other companies totaling a combined $1,594,392.34
I now find myself worth over $13.3 million. Before this I had $21,000 in my savings account. (I worked as a business analyst and still lived at home as I was saving up for a down payment on a house) I do not know much about stocks but I am using the same financial advisor my parents used.
I feel as if I won the lottery and am not sure what to do with this money. I know there is an election coming up and I do not want to lose it. $13.3 million is enough for me to live forever and pass it down generations.
My advisor is telling me NOT to sell anything unless I needed money for something (such as a down payment for a house) as the market always corrects itself over time. Is he telling me this so he can continue getting his 1.5% fee? What is everyone opinion on this. These seem like good companies but I can't lose what my parents worked so hard for.
| 10 |
Blanketflower20
| 1,603,593,961 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/jhm0zp/unique_circumstance/
|
jhm0zp
|
g9zyz57
|
Please read the Windfalls section of the r/personalfinance sub. For starters, stay put for at least six months, and don’t tell anyone. Loads of specific advice there
| 12 |
Annabel398
| 1,603,596,068 |
Unique Circumstance
|
I am 25 years old and just recently inherited quite a bit of money after my mother passed away recently.
Talking to the estate lawyer I found out my mom has quite a bit in stocks. She had most of the money in 4 major companies.
Amazon: 1,146 shares = $3,672,242.40
Apple: 25,784 shares = $2,966,191.36
Comcast: 68,745 shares = $3,097,649.70
Disney: 15,487 shares = $1,987,756.45
and about 10 other companies totaling a combined $1,594,392.34
I now find myself worth over $13.3 million. Before this I had $21,000 in my savings account. (I worked as a business analyst and still lived at home as I was saving up for a down payment on a house) I do not know much about stocks but I am using the same financial advisor my parents used.
I feel as if I won the lottery and am not sure what to do with this money. I know there is an election coming up and I do not want to lose it. $13.3 million is enough for me to live forever and pass it down generations.
My advisor is telling me NOT to sell anything unless I needed money for something (such as a down payment for a house) as the market always corrects itself over time. Is he telling me this so he can continue getting his 1.5% fee? What is everyone opinion on this. These seem like good companies but I can't lose what my parents worked so hard for.
| 10 |
Blanketflower20
| 1,603,593,961 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/jhm0zp/unique_circumstance/
|
jhm0zp
|
ga0663v
|
I am very sorry for your loss.
Do not touch the money yet. Ask your mother’s estate attorney to refer you to a reputable wealth manager. Talk to them and then get a second opinion. I would suggest that you spend at least six months educating yourself before you do anything. Do not panic and do not become overwhelmed. Just take it slow and careful and LEARN before you do anything.
| 8 |
runswithlibrarians
| 1,603,598,796 |
Unique Circumstance
|
I am 25 years old and just recently inherited quite a bit of money after my mother passed away recently.
Talking to the estate lawyer I found out my mom has quite a bit in stocks. She had most of the money in 4 major companies.
Amazon: 1,146 shares = $3,672,242.40
Apple: 25,784 shares = $2,966,191.36
Comcast: 68,745 shares = $3,097,649.70
Disney: 15,487 shares = $1,987,756.45
and about 10 other companies totaling a combined $1,594,392.34
I now find myself worth over $13.3 million. Before this I had $21,000 in my savings account. (I worked as a business analyst and still lived at home as I was saving up for a down payment on a house) I do not know much about stocks but I am using the same financial advisor my parents used.
I feel as if I won the lottery and am not sure what to do with this money. I know there is an election coming up and I do not want to lose it. $13.3 million is enough for me to live forever and pass it down generations.
My advisor is telling me NOT to sell anything unless I needed money for something (such as a down payment for a house) as the market always corrects itself over time. Is he telling me this so he can continue getting his 1.5% fee? What is everyone opinion on this. These seem like good companies but I can't lose what my parents worked so hard for.
| 10 |
Blanketflower20
| 1,603,593,961 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/jhm0zp/unique_circumstance/
|
jhm0zp
|
g9zuwxu
|
Well, first, fire the financial advisor. He's not worth a 1.5% fee. That's robbery. $200k/yr he's stealing from you. Second, hire a fiduciary that charges an hourly fee. Third, start reading and learning yourself, but run any serious decisions by your new fiduciary.
| 17 |
FanninGrease
| 1,603,594,525 |
Unique Circumstance
|
I am 25 years old and just recently inherited quite a bit of money after my mother passed away recently.
Talking to the estate lawyer I found out my mom has quite a bit in stocks. She had most of the money in 4 major companies.
Amazon: 1,146 shares = $3,672,242.40
Apple: 25,784 shares = $2,966,191.36
Comcast: 68,745 shares = $3,097,649.70
Disney: 15,487 shares = $1,987,756.45
and about 10 other companies totaling a combined $1,594,392.34
I now find myself worth over $13.3 million. Before this I had $21,000 in my savings account. (I worked as a business analyst and still lived at home as I was saving up for a down payment on a house) I do not know much about stocks but I am using the same financial advisor my parents used.
I feel as if I won the lottery and am not sure what to do with this money. I know there is an election coming up and I do not want to lose it. $13.3 million is enough for me to live forever and pass it down generations.
My advisor is telling me NOT to sell anything unless I needed money for something (such as a down payment for a house) as the market always corrects itself over time. Is he telling me this so he can continue getting his 1.5% fee? What is everyone opinion on this. These seem like good companies but I can't lose what my parents worked so hard for.
| 10 |
Blanketflower20
| 1,603,593,961 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/jhm0zp/unique_circumstance/
|
gh6f4n
|
fq7cq61
|
I had good luck with Discover when I was a student. I'd go check out [nerdwallet.com](https://nerdwallet.com) as they've got reviews of different credit cards.
| 12 |
lowlyauditor
| 1,589,144,695 |
What are the best companies to start my credit?
|
Hi all! I finally got a paying job and I would like to start building good credit. The problem is, I don't even know where to start. I applied to the Amazon credit card but they declined me unfortunately. Does anyone know a good place to start? Sorry if this is against the rules.
| 14 |
tomcat_96
| 1,589,134,509 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/gh6f4n/what_are_the_best_companies_to_start_my_credit/
|
gh6f4n
|
fq6p37v
|
Try PayPal Credit. I only had student loans and a one time 6th month secured loan for about 18 months. Got approved from $600. Can’t really use it on much but boosted my score 50 points.
| 5 |
secrettninja_
| 1,589,135,783 |
What are the best companies to start my credit?
|
Hi all! I finally got a paying job and I would like to start building good credit. The problem is, I don't even know where to start. I applied to the Amazon credit card but they declined me unfortunately. Does anyone know a good place to start? Sorry if this is against the rules.
| 14 |
tomcat_96
| 1,589,134,509 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/gh6f4n/what_are_the_best_companies_to_start_my_credit/
|
flxn72
|
fl15d25
|
There's an entire industry of people who do exactly what that guy did for a living. It's called retail arbitrage. The only reason he got hammered is because he was gouging the fuck out of something that was on shortage due to a pandemic, which is in pretty bad taste, and because he raided every walmart in a tri-state area to do it. If he had done the same thing in January and bought hundreds of boxes of pokemon monopoly that were selling at walmart for $8 because he knew he could get $25 on them on Amazon, nobody would've given a shit.
| 46 |
_volkerball_
| 1,584,722,321 |
Price gouging laws
|
I'm not sure if this is the correct thread but something I was wondering about.
I read an article about a guy that hoarded hand sanitizer and was selling them on amazon and ebay for $70 a small bottle. Also, many other businesses price gouging on toilet paper, soap, etc. They were all fined by the court system.
How is it any different when you go to an amusement part, concert, etc and they are selling bottle water for $8?
| 51 |
KaiSimple
| 1,584,720,777 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/flxn72/price_gouging_laws/
|
flxn72
|
fl1ggln
|
Price gouging specifically refers to increasing prices by an unreasonable amount once a state of emergency has been declared. It is not illegal to markup prices during non-emergencies.
| 35 |
TheUndeadInsanity
| 1,584,728,512 |
Price gouging laws
|
I'm not sure if this is the correct thread but something I was wondering about.
I read an article about a guy that hoarded hand sanitizer and was selling them on amazon and ebay for $70 a small bottle. Also, many other businesses price gouging on toilet paper, soap, etc. They were all fined by the court system.
How is it any different when you go to an amusement part, concert, etc and they are selling bottle water for $8?
| 51 |
KaiSimple
| 1,584,720,777 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/flxn72/price_gouging_laws/
|
flxn72
|
fl17509
|
You can charge wtf you want in regular time. You can’t during a crisis. Simple as that.
| 24 |
alwayslookingout
| 1,584,723,302 |
Price gouging laws
|
I'm not sure if this is the correct thread but something I was wondering about.
I read an article about a guy that hoarded hand sanitizer and was selling them on amazon and ebay for $70 a small bottle. Also, many other businesses price gouging on toilet paper, soap, etc. They were all fined by the court system.
How is it any different when you go to an amusement part, concert, etc and they are selling bottle water for $8?
| 51 |
KaiSimple
| 1,584,720,777 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/flxn72/price_gouging_laws/
|
flxn72
|
fl1iflm
|
What the hand sanitizer guy did is called Profiteering - Selling essential goods to make an unreasonable profit, especially during times of emergency. It doesn't necessarily have to be in a declared emergency. This guy had already sealed his fate before any state of emergencies were declared.
What amusement parks do is just a large markup. Their goods are always expensive; they don't specifically raise them during a time of emergency. Their goods are also not essential, since food and water is readily available elsewhere.
| 7 |
mortalwombat-
| 1,584,729,633 |
Price gouging laws
|
I'm not sure if this is the correct thread but something I was wondering about.
I read an article about a guy that hoarded hand sanitizer and was selling them on amazon and ebay for $70 a small bottle. Also, many other businesses price gouging on toilet paper, soap, etc. They were all fined by the court system.
How is it any different when you go to an amusement part, concert, etc and they are selling bottle water for $8?
| 51 |
KaiSimple
| 1,584,720,777 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/flxn72/price_gouging_laws/
|
dcra6r
|
f2afqto
|
Retirement savings look alright especially since you shouldn't have daycare or a mortgage in retirement.
I would take some of the slush money and bump up your emergency fund just in case your wife loses her job or anything else happens.
Personally after that I would put more of the slush money towards your debt depending on what the interest rates are or invest it but that's just me.
Overall your budget doesn't look to bad at all.
| 5 |
blakef223
| 1,570,112,772 |
How does this budget look?
|
I’m trying to figure out our new budget with our new child starting day care soon. I’ll call it monthly, but our biggest costs are budgeted every 4 weeks (mortgage/day care).
The wife and I both contribute ~10% to pre-tax 401k. We live in a roughly middle COL area.
**Monthly Income:**
$8732 (take home pay)
**Monthly Bills ($5702):**
$1818 – Day care
$1472 – Mortgage
$850 – Car payments (this will cut in half in about 1 year when one car is paid off)
$500 – Groceries (this is an estimate on groceries. I recently opened a joint credit card to track this better)
$400 – Student loan payment
< $300 – Electricity/Water/Gas
$70 – Internet
$200 – Phone
$57 – ADT security
$35 – Hulu/Netflix/Amazon Prime
**Monthly Savings ($1788):**
$200 – Emergency fund (slightly underfunded currently)
$200 – Baby fund (used for various child related expenses)
$288 – House repair/ Car repair + lawn/pest control (this is almost empty and probably needs an increase)
$1100 – 2xRoth IRA max + car insurance
**Remainder ($1242)** – slush fund? beer money/ occasional restaurants. It’s possible we’re spending more on food than I realize. Plan to figure that out ASAP.
--------------------------------------------------------------------------------------------------------
That’s all I can think of at the moment but can answer any questions.
Any advice? Anything that sticks out? I know the car payment is high, but that won’t be for much longer. We splurged a bit on safer, roomier cars when we had kids. Our last cars were 15+ years old and barely running when we upgraded. We will also run these into the ground. We work in aerospace, which is prone to lay offs, but lay offs generally come with severance. My job is secure since I work for the federal government, so the only concern is for my wife’s job.
**more info**
I have $40k in TSP, $18k in Roth IRA, and I have a pension.
The wife has $130k in 401k and $18k in Roth IRA.
We're both 34. Plan to retire in early 60's. Two kids under 2.
| 10 |
ThAwHunt
| 1,570,111,153 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/dcra6r/how_does_this_budget_look/
|
9rzkdp
|
e8kvvpm
|
Please don’t get on a car payment plan. It is a trap and I can tell you from experience. Try to save up and buy a car out right. They say you should have a 1000 dollar emergency fund and you should be matching what your employer matches on 401k. This is very basic and there is a lot of information out there.
| 12 |
Savagesamurai29RL
| 1,540,691,027 |
Starting My First FT Job, Extremely Little Living Expenses
|
I just started a full time job (42 hour work weeks) making $15/hr, and my only living expense is my cell phone bill. I will be making about $2k a month, and my only bills will be my cell phone bill and the car that I am about to buy.
​
So minus those things and a few extra expenses, I will have a minimum spare amount of $1300 a month. I am going to college, and I am trying to find some grants/scholarships to help with the costs (school in total costs $3500 every 6 months).
​
Do you guys have any suggestions for usage of this money to benefit me later? I am planning on getting a credit card to use for very simple expenses, just to start building my credit. I have been given some free Amazon stocks that I am currently in the process of setting up an account for.
​
Should I invest a little in stocks? Start adding to my 401k? Invest in other things? Any suggestions would be greatly appreciated!
| 17 |
nirro_man
| 1,540,689,946 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/9rzkdp/starting_my_first_ft_job_extremely_little_living/
|
76s4qo
|
dogaf3k
|
the best lazy portfolio would be a low-expense no-commission target-date fund with a no-fee brokerage (Schwab, Fidelity, Vanguard). Set it and forget it.
Buying significant of single stocks is the antithesis of this "lazy" approach, but I figure you're asking for multiple options. I'd do it in an IRA in Fidelity/Schwab/Vanguard (whatever). No personal history with Robinhood here, but that smells like more of a beginner investing app and not a long-term investment vehicle (again, "smells like").
No comment re: local CFP or otherwise - not that aware there.
"FTE" - Do you mean "ETFs"?
Google Finance screener works for me in a pinch, or Schwab & Fidelity when actually in my portfolio.
The risk is that the stuff/index/dart-board they hold is shit, or the expense ratio is high, or the bid/ask spread is high, etc. Do your research just like any other equity.
Also, I have to add a compulsory "Fuck Edward Jones" - I hate this brokerage firm. My sister got forced into them with her small-staff office with a SIMPLE. They literally have fees for everything. I despise them. She may actually lose money, fees-alone, using this firm (she is new to office work and is entry-level). Trying to get her on a no-fee Roth at Fidelity on the side.
Hope some of that was helpful...
| 6 |
fonistoastes
| 1,508,176,538 |
"Teach a man to fish" - How can I re-build my portfolio on my own? Moving away from managed IRA next steps.
|
In my previous topic I discussed how I want to move my grandfathered IRA from Edward Jones due to the management fees (1.5%) and the poor performance (11% growth past 12 months, far lower than all my other self managed investments).
Several recommendations were made to transfer my IRA to a Fidelity account (no maintenance fees) and build my own portfolio.
Good advice, but now the question becomes, how do I find the right investments? Specific questions:
* Where is the best "lazy portfolio" to copy based on my goals?
* If I were to buy significant amounts of single stocks I plan to hold for a long time, should I be doing that in my Fidelity account? Currently I just use Robinhood for my personal stock purchases, but not sure if that makes sense if I were to buy 10K-20K of Amazon or something like that.
* I like a local touch, if I were to find a local CFP to review my decisions, could I find any that offer flat fees? I thought this how they usually operated but the few I have researched around me tend to take cuts on the portfolio similar to EdJo (1.5%) though they are at least transparent by not taking additional commissions on things they are pushing.
* What everyone's favorite website/tool to compare and review various stocks, ETF's, mutual funds, etc?
* Could someone point me to an analysis on the risks of buying ETFs? Everything I have seen from my reading at bogleheads, listening to various podcasts, browsing the subreddits seems to push this as the way to go. Certainly there is some drawback to consider?
I appreciate any advice and suggestions!
Personal info if helpful:
-No debts outside of Mortgage and Student loans (3.5% and 2.6% rates, respectively)
-12 month cash reserve met
-Plan to retire in 25-30 years
-Currently maxing 401K
-Can invest at minimum an additional 10-15K per year on top of the 401K contributions
-Based in US
Edited. ETF instead of FTE
| 21 |
shadestreet
| 1,508,175,394 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/76s4qo/teach_a_man_to_fish_how_can_i_rebuild_my/
|
6pz48t
|
dktkfib
|
1) You're 21 and have a positive net worth. Good start!
2) Fuck the Bay Area - Learn the joys of telecommuting and instead of living in a $1.5M single-bedroom apartment, you can have a 5000sqft McMansion pretty much anywhere in the US that has halfway decent broadband.
As for your investments - They matter, but really, they *don't* matter as long as you go reasonably (but not excessively) conservative. Pumping your max into your IRA, HSA, and 401k every year will make a much bigger difference than whether you go heavy on S&P or MCSI.
| 17 |
ribnag
| 1,501,202,713 |
21yo Looking to Retire Early
|
I want to preface this by saying I am in a unique situation at my age.
I recently took a financial planning class in college and have begun my retirement plan based on that. I currently have $54,xxx to my name, of which $49,000 is in equity, which, breaks down to the following:
* $20,000 in a Vanguard 2055 retirement mutual
* $6,000 in a Vanguard S&P mutual fund
* $21,000 in various S&P ETFs (SPY, SCHG, RYT, IJT, etc.)
* $2,000 in Amazon
From shareholdings in a private company, I receive $14,000 a year which has gone straight to my brokerage account; I never spend any of it.
My question is, how much of the disbursements should I put into a retirement account versus ETFs and Mutuals for the following:
* I want to live in the Bay Area and want to own a house by age 30 (600k+), is this goal possible?
* If my job offers a 401k that I plan on participating in/maxing, should I shift the weight of the retirement portfolio to other funds?
* When should I start saving money for my future child/children's’ college fund?
* Am I putting too much into retirement too early/save for other things (Car, House, etc.)?
* Finally, is there anything else I should do to set myself up for financial freedom?
A little more about me:
21 going to a mid-level university in California; Studying Econ, Finance, Accounting and plan on going for a CFP/CFA/CPA have not decided which yet; I spend money irrationally when it is not invested -- Stupid things like expensive clothes, but am working hard to change this; After university, I want to become a financial planner as well.
| 23 |
finthrowaway0509
| 1,501,190,314 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/6pz48t/21yo_looking_to_retire_early/
|
6pz48t
|
dktfkrb
|
600k for a Bay Area house...good luck lol
| 11 |
FinanceGI
| 1,501,196,296 |
21yo Looking to Retire Early
|
I want to preface this by saying I am in a unique situation at my age.
I recently took a financial planning class in college and have begun my retirement plan based on that. I currently have $54,xxx to my name, of which $49,000 is in equity, which, breaks down to the following:
* $20,000 in a Vanguard 2055 retirement mutual
* $6,000 in a Vanguard S&P mutual fund
* $21,000 in various S&P ETFs (SPY, SCHG, RYT, IJT, etc.)
* $2,000 in Amazon
From shareholdings in a private company, I receive $14,000 a year which has gone straight to my brokerage account; I never spend any of it.
My question is, how much of the disbursements should I put into a retirement account versus ETFs and Mutuals for the following:
* I want to live in the Bay Area and want to own a house by age 30 (600k+), is this goal possible?
* If my job offers a 401k that I plan on participating in/maxing, should I shift the weight of the retirement portfolio to other funds?
* When should I start saving money for my future child/children's’ college fund?
* Am I putting too much into retirement too early/save for other things (Car, House, etc.)?
* Finally, is there anything else I should do to set myself up for financial freedom?
A little more about me:
21 going to a mid-level university in California; Studying Econ, Finance, Accounting and plan on going for a CFP/CFA/CPA have not decided which yet; I spend money irrationally when it is not invested -- Stupid things like expensive clothes, but am working hard to change this; After university, I want to become a financial planner as well.
| 23 |
finthrowaway0509
| 1,501,190,314 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/6pz48t/21yo_looking_to_retire_early/
|
6pz48t
|
dktlbph
|
If you're interested in retiring early, there's no better sub than /r/financialindependence. Your goal of living in the Bay Area, owning a house, and retiring by age 30 is extremely aggressive though. I don't know any way for you to realistically accomplish that other than by starting your own business and making it big (which is a serious longshot). I wish you the best of luck, but you may want to reassess.
| 5 |
neverchangingwhoiam
| 1,501,203,937 |
21yo Looking to Retire Early
|
I want to preface this by saying I am in a unique situation at my age.
I recently took a financial planning class in college and have begun my retirement plan based on that. I currently have $54,xxx to my name, of which $49,000 is in equity, which, breaks down to the following:
* $20,000 in a Vanguard 2055 retirement mutual
* $6,000 in a Vanguard S&P mutual fund
* $21,000 in various S&P ETFs (SPY, SCHG, RYT, IJT, etc.)
* $2,000 in Amazon
From shareholdings in a private company, I receive $14,000 a year which has gone straight to my brokerage account; I never spend any of it.
My question is, how much of the disbursements should I put into a retirement account versus ETFs and Mutuals for the following:
* I want to live in the Bay Area and want to own a house by age 30 (600k+), is this goal possible?
* If my job offers a 401k that I plan on participating in/maxing, should I shift the weight of the retirement portfolio to other funds?
* When should I start saving money for my future child/children's’ college fund?
* Am I putting too much into retirement too early/save for other things (Car, House, etc.)?
* Finally, is there anything else I should do to set myself up for financial freedom?
A little more about me:
21 going to a mid-level university in California; Studying Econ, Finance, Accounting and plan on going for a CFP/CFA/CPA have not decided which yet; I spend money irrationally when it is not invested -- Stupid things like expensive clothes, but am working hard to change this; After university, I want to become a financial planner as well.
| 23 |
finthrowaway0509
| 1,501,190,314 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/6pz48t/21yo_looking_to_retire_early/
|
6pz48t
|
dktcux0
|
You may want to hire a fiduciary to review this. There are a lot of things at play here, find someone flat rate and I would ask a person in the area with investment experience if they have an advisor to recommend.
Your dealing with some decent cash and an aggressive goal.
Buying a house by 30 is doable, you may want to take your 14k a year and put it in a safe short term investment. That gives you the down payment without any effort.
Investing in a 401k isn't a bad idea, but if your job doesn't match then just keep doing what you're doing.
But like I said, hire a professional you will probably be better off. Also ignore any PMs you get for offers.
Also don't be a CPA, you won't make enough.
| 5 |
b1ack1323
| 1,501,193,021 |
21yo Looking to Retire Early
|
I want to preface this by saying I am in a unique situation at my age.
I recently took a financial planning class in college and have begun my retirement plan based on that. I currently have $54,xxx to my name, of which $49,000 is in equity, which, breaks down to the following:
* $20,000 in a Vanguard 2055 retirement mutual
* $6,000 in a Vanguard S&P mutual fund
* $21,000 in various S&P ETFs (SPY, SCHG, RYT, IJT, etc.)
* $2,000 in Amazon
From shareholdings in a private company, I receive $14,000 a year which has gone straight to my brokerage account; I never spend any of it.
My question is, how much of the disbursements should I put into a retirement account versus ETFs and Mutuals for the following:
* I want to live in the Bay Area and want to own a house by age 30 (600k+), is this goal possible?
* If my job offers a 401k that I plan on participating in/maxing, should I shift the weight of the retirement portfolio to other funds?
* When should I start saving money for my future child/children's’ college fund?
* Am I putting too much into retirement too early/save for other things (Car, House, etc.)?
* Finally, is there anything else I should do to set myself up for financial freedom?
A little more about me:
21 going to a mid-level university in California; Studying Econ, Finance, Accounting and plan on going for a CFP/CFA/CPA have not decided which yet; I spend money irrationally when it is not invested -- Stupid things like expensive clothes, but am working hard to change this; After university, I want to become a financial planner as well.
| 23 |
finthrowaway0509
| 1,501,190,314 |
amazon
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/6pz48t/21yo_looking_to_retire_early/
|
l65ro6
|
gkye666
|
This is a well reasoned explanation and I’m just annoyed you have to include a disclaimer about GME!
| 6 |
YouKnowTheRulesAndSo
| 1,611,760,135 |
Berry Global- A Value Stock in Today’s Market
|
Berry Global
**Business Overview**
Berry Global ($BERY) is a technology and engineering company involved in the manufacturing of plastics packaging for consumer, healthcare, and industrial end-markets. They are a low cast manufacturer with 70% of sales in stable, consumer oriented end-markets. They have ~$12B of revenue and $2.2B of EBITDA. They make over 100,000 items including masks, bottles, cups, wipes, films, and many others.
I think BERY has the potential to double over the next year and triple over the next few years with fairly low downside risk in the stock from current levels. This is not near the highly speculative GME, AMC, PLTR etc. type return profile, but I think Berry offers an attractive risk-adjusted return profile for more conservative investors or the more conservative part of an investor’s portfolio (I am not advocating rotating from GME into this).
**Bull Case:**
* Strong Free Cash Flow
* More than $1b of normalized free cash flow generation on
* $7b market cap. Guidance of $875-$975m in 21 with some excess cash flow.
* Trades at like a 14-15% FCF yield to equity vs. packaging comps trading at 6-7%, implying stock can double. FCF yields this high at time when Treasury rates at historical lows.
* Good growth for the industry
* Grew 4% in most September quarter and solid growth expected to continue.
* Plastics are not going away and are actually growing.
* Cheap vs. Competitors
* Trades at ~7.6x EV/EBITDA vs. its closest competitor Amcor trading at ~11.5-12x. (BERY is #2 and Amcor is #1 in plastic packaging with Berry being very close behind in size)
* Small private transactions in the plastic packaging space on lower quality businesses have been in high single-digit context to low to mid-double digit context (10x+)
* Stock more than doubles if it closes the valuation gap.
* Will start giving $ to Bulls this year
* Company expects to start dividend/buybacks sometime in 21 after reaching its leverage target.
* Global leadership position with scale
* 2nd largest plastics producers (~90%+ of biggest) and more double the third largest.
* Strong sustainability thesis
* Plastic is actually better for the environment in terms of water usage, greenhouse gas emissions, solid waste, and energy than other items.
* Leverage going down. Expects to reach 3.8-3.9x by September 2021
* Should be able to start share buybacks/dividends to give cash to holders this year in 2021.
* Good acquisition history and consolidation opportunity
* Strong track record of completing acquisitions and getting good synergies to make shareholder value.
* BERY can continue to acquire small names and get cost-synergies, creating value.
* Downside Limited
* Stock pretty fundamentally cheap even if bull case doesn’t play. Even in “worst case”, hard to see this stock down more than 20% vs. current levels ex another great depression. Downside is limited given the defensive industry and strong cash generation and ability of the company repurchase stocks beginning this year if the stock becomes too cheap.
* Pandemic also good for this stock as it makes masks so continued Covid is not really a downside here.
**Bear Case:**
* “Boring” Stock
* Stock is not currently sexy and is in a “boring” industry compared to EVs and traditional technology.
* “High” leverage
* Levered ~4.4x, currently, which is higher than other blue-chip names
* Plastic Risk
* Investors are worried about plastics going away, even though they’re not and growing. Business needs to show good organic growth to get rid of this fear.
* Raw material volatility
* Company has to pass-through raw material changes to customers, which can cause short-term volatility. However company has strong pass-through mechanism and history doing it.
Key Catalysts:
* Earnings- Q4 Earnings Friday Feb 5th and Q1 earnings sometime in May and other earnings later in the year.
* Key question for earnings is continued organic growth of the business. Continued demonstration of growth allows this business to re-rate higher.
* Berry hitting 4x leverage and announcing either share buybacks or a dividend. Predict this to occur in mid 2021
* Lower leverage and announcement of capital return may allow this business to re-rate higher.
**Prediction:**
I believe the stock offers strong upside in the highest probability base and bull case scenarios with limited downside in the bear case scenario.
**Base Case Scenario:** Berry de-levers throughout this year to 4x or less and reports continued strong organic growth, partially helped by growth in their health-sector (BERY sells masks) and the industrial recovery when it occurs later in the year. They announce capital return to equity shareholders as well. The combination of these factors causes the business to re-rate closer to Amcor to ~10x EV/EBITDA or an 8% FCF yield in my base case. This leaves the stock at $100 in base case (roughly a double).
**Bull Case Scenario:** is this re-rates along with the market and investors realizing plastic continues to grow, allowing both it and its plastics comps to re-rate closer to the 13x-15x EV/EBITDA range, putting you at a $150-$180 stock price target (making this potentially a 3-4x opportunity). This is probably less likely in the short-term (next 1 year, but can occur if investing with a multi-year timeline)
**Bear Case Scenario:** Stock De-rates to 6.5x EV/EBITDA with soft organic growth , 16-18% FCF yield with a stock price of ~$43. Stock stays dirt cheap and is priced like plastics will not exist after 2026. I find this unlikely and this is only ~15% downside vs. today’s price.
**Disclaimer:** I own shares in Berry. I am not a financial adviser and this is not investment advice. Also, I’m not an anti-GME shill and support the GME crew and am not advocating to sell GME to buy this.
Happy to hear thoughts and respond to any follow-up questions.
| 12 |
MMcDeer
| 1,611,758,249 |
amcor
|
stocks
|
https://www.reddit.com/r/stocks/comments/l65ro6/berry_global_a_value_stock_in_todays_market/
|
18imskc
|
kde895t
|
Have you ever shrink wrapped your windows to keep the heat in? This may help a lot.
| 52 |
Gonebabythoughts
| 1,702,599,183 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
18imskc
|
kdeddhp
|
We had this happen in our previous home and it turned out to be a problem with our HVAC and it was now running in aux mode. Double check your heating system.
| 13 |
mykidzmomx3
| 1,702,601,351 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
18imskc
|
kde8g0h
|
Put plastic over the windows you don't need to see out of, get draft dodgers for your doors or install weather stripping.
Mine will probably triple as well but to $300, the Christmas lights suck up at least $100 a month.
| 19 |
txholdup
| 1,702,599,264 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
18imskc
|
kdem1m2
|
What kind of hearing system does your apartment have? I learned the hard way this winter, but my new apartment has Electric heating from a water heater that runs through the baseboards in each room. My bill also pretty much tripled from what I’m used to
| 6 |
ncarr539
| 1,702,604,993 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
18imskc
|
kde9jpv
|
Some public libraries have thermal cameras you can borrow. Great way to find temp differences (leaks). Otherwise that's about a $200+ purchase.
Don't forget to seal off switch plates and outlets on exterior walls as much as you can. Switches especially can leak a ton of air. Depending on the switch type, you may be able to seal the entire switch area in plastic wrap and still use the switches sealed, especially if they're "Decora" style where they are large flat toggles.
| 10 |
lastwraith
| 1,702,599,729 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
18imskc
|
kderrz4
|
That is a common problem with units where the renter pays the heat. The landlord has no direct incentive to make it efficient as someone else is paying for it. Did you ask the landlord about typical winter heating costs before you rented? Better yet, if you know who the previous tenants were, ask them. Maybe ask your neighbors what they are experiencing too.
If almost all the usage is going to heat, nothing you do with the lights or fridge is going to make a meaningful difference. "Shrink-wrapping" the window might help if that is the main place of heat loss. You should be able to just look at the window and tell if it is single pane or double pane.
If you have access to your fuse box and meter, you can shut off your own power and see if the meter stops incrementing, and also see if the neighbors show signs something is wrong or if things in the common areas stop working.
If there is legal recourse for you, it is probably defined at the local level.
| 5 |
smugbug23
| 1,702,607,426 |
My power bill tripled from last month
|
I have been living alone in a one bedroom apartment in Central Illinois for a few months. My power, which is through Ameren, usually costs 35ish dollars per month for about 150 kwh of electricity. For last billing cycle, the cost jumped to $95, and is already over that for this cycle. I assumed my bill would increase when I had to start heating my apartment, but this is more than I expected. I leave all my lights off and have no appliances other than the fridge. The only thing I can think is that the insulation is horrible and the large old window is sucking the heat out. (Or someone is somehow stealing my power.) Any advice?
| 24 |
aiden_saxon
| 1,702,599,004 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/18imskc/my_power_bill_tripled_from_last_month/
|
16aow7k
|
jz8hhp6
|
That old fridge is likely a massive energy hog. It's about 50 years old, and likely both electrically and thermally inefficient. Especially so if it's never been serviced. It may have lost refrigerant over time and is now working extra hard.
Also feel around your windows and doors for drafts. A little silicone caulk or weather stripping can go a long way. You can also shut your shades during the day when you're home to let in less light, or get ["insulating" shades](https://www.bazaarhdc.com/wp-content/uploads/2019/01/insulating-window-treatments-cellular-shades-duette-honeycomb-Hunter-Douglas-Waukesha-by-Bazaar-Home-Decorating.png)
I would recommend turning off your main circuit breaker, like the big one, like shut off all power to your home, and watch the electric meter. Is it still going up? If so there may be other things wired to it, that should not be. This is not very common, but also not very rare, in townhomes and apartments where something got mis-wired.
Going up the chain you can get a home energy audit, or new insulation, could be worth the money if you plan to stay long term.
Finally you can request your utility company come and audit/inspect the meter. There is a chance that something is wrong with it.
| 316 |
AlphaTangoFoxtrt
| 1,693,922,707 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8h1yp
|
You could make a small investment into a kill-a-watt or a comparable device and see what the refrigerator consumes and test your other consumers to get an idea of where there is an opportunity to save.
https://en.wikipedia.org/wiki/Kill\_A\_Watt
| 55 |
curious_fish
| 1,693,922,547 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jza2jc4
|
Some years ago my wife and I moved into a new duplex. The first summer there out electric bill was way above what we thought it should be. We did usual stuff, cut back on the AC, minimized other appliance usage, but the bill kept getting higher.
The meters to both duplexes were on the opposite side of the building, so one day when our neighbors weren't home I went over there and using our billing statement determined which meter was ours. I got my wife to turn on the AC and what do you know what, the other meter sped up. We were paying for our neighbor electricity and they were paying for ours.
I contacted the power company and they sent someone to check. I got a letter in the mail saying that yes the meters were crossed and that we would be receiving credit for the next several months. Never did find out how our neighbors came out, we didn't communicate too much with them.
So, if you're in a townhouse, make sure you're not paying for someone else to stay cool this summer.
| 18 |
DavidnNC
| 1,693,943,602 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8g54c
|
Review your bills over the decade.
* Has your kWh usage gone up?
* Have the billing rates ($ per kWh) gone up?
p.s. 72 F is kind of low on thermostat.
| 146 |
DeluxeXL
| 1,693,922,212 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8fw5h
|
old fridges are energy hogs. So ya a fridge from the 70s can run a bill up a lot
| 11 |
hijinks
| 1,693,922,119 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8h8fv
|
Buy a kill a watt device to check on your fridge energy use. Do you have a heat pump or furnace? Wondering if the backup heat is somehow stuck on. Do you have an electric water heater? Check what temperature it is set on.
For what it’s worth my house is much larger than yours and our electric bill tops out at around $350.
| 13 |
mw4239
| 1,693,922,614 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jzbh3sz
|
I'm an energy auditor for work. Part of what I do are electric audits and track peoples consumption. See where it's going.
1. Get rid of that old fridge. It's draining your electricity
2. What is your source of hot water. Is it an electric tank? Those are very expensive to run and I see they'll cost people in my area $50-60/mo alone on their bill
3. Look at your electric bill and break down what you're paying per kwh. You can add up the individual charges to see what it costs. 1kwh = 1000 watts per 1 hour. Knowing that will help you further recognize exactly what's using your electricity.
4. Are you in an area that has heating? What's your heat source?
5. How old is your AC? Is it central?
There's a ton of variables to this. It's not very cut and dry.
That said, I've noticed with my clients that budget billing ends up costing them more per month on average vs not being on it.
| 11 |
robertdoleson
| 1,693,963,123 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8gpjw
|
Your house may also be less insulated than others near you. You can get an energy audit done to identify any failpoints (after addressing the obvious issue of the old fridge) and see if you need more insulation, new windows, etc.
| 29 |
Individual-Foxlike
| 1,693,922,419 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz8jyqe
|
> I even go out of my way to unplug things and turn off lights more often at this point but nothing helps
Lights, and most things use so little electricity that it's not going to make a noticeable difference. An LED bulb left on for 8 hours a day will cost like 30 cents a month to operate. Things like TVs, small appliances, phone chargers, etc likely use such a tiny amount of electricity when turned off that something like a Kill-a-Watt wouldn't even be able to measure it.
Even your 1970s fridge, while not as efficient as a newer one, probably isn't using all that much electricity. There's only so much power a household outlet can put out before you start tripping breakers or worse.
A/C, ovens, water heaters, clothes dryers and the other big appliances are the typical energy hogs in a home.
And if you're on budget billing, you're not even going to see any change in your monthly bill until it re-adjusts, which happens once a year.
| 17 |
t-poke
| 1,693,923,639 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jza40q8
|
Is your meter near your neighbors? I had the reverse of this issue at a condo i lived in. The electrical company was billing my electric use to my neighbor. was about a year before the mistake was realized, I was still getting charged for service, just not usage.
| 7 |
Tbone5711
| 1,693,944,138 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jzbr3iz
|
Turn off everything. Check meter. Then turn on one appliance at a time. Something is an electric hog.
| 6 |
MrFixeditMyself
| 1,693,967,280 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jzanmkt
|
Its all those bitcoin miners the neighbor has hooked up lol jk. Shut off the main circuit and check ur meter. Have an inspection done.
| 5 |
Silverbenji
| 1,693,951,256 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jzatz6c
|
Get off the budget billing asap. Then be smart with usage. Listen to some of the ideas on here. Your big power usage comes from HVAC, water heater, and oven. That old fridge is probably costing you a little chunk. Find a newer used one on Marketplace. There are always fridges on there that have a bad icemaker or something, but are perfect for beer fridges. Switch to ALL led lighting. When you leave for work kick your AC up a few degrees(don't go crazy, just 2 or 3). When you get home adjust it 1 degree every 30 minutes to not stress out your AC unit. Also, check the temperature setting on your water heater. If you can handle it on full hot with no cold water while washing your hands it's probably good. If it's scolding hot back it down 5° a day until you get it where you want it. I run my house like this and my power bill in peak winter and summer never exceeds $200. Spring and fall are around $100. I have a 4000 sqft home that was built in 1955. Still has the original insulation. Hvac has been updated though. My last home was 2000 sqft with 30 year old hvac systems and I still kept a low power bill. Energy consumption has to be managed. If you have old outdated thermostats, get them out of there asap. They are killing your hvac and your checkbook. Keep clean air filters in your hvac as well! Good luck!
| 9 |
Equal-Ad-92
| 1,693,953,708 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz9jcwi
|
Unplug the fridge in the garage for a month.
Turn AC to 76 or better yet 78. Dehumidified air at 78 should be comfortable.
See what the bill is.
Also- townhome so maybe ask an electrician to come out and make sure there aren't any illegal hookups to your electric supply.
| 6 |
thingsorfreedom
| 1,693,936,332 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
16aow7k
|
jz9kwn6
|
AC at 72 and you wonder why you have a high bill?
Other than them having solar and crazy insulation I don’t see how bigger houses would have a $250 bill. My power bill jumps from winter around $80 to $350+ in the summer, and I set it to 77. Forgot to mention I’m in AZ/ Phx
| 5 |
nealfive
| 1,693,936,899 |
Electric Bill $400/month
|
I cannot figure out why my electric bill is so high and has been this high for 4 years. I live in a 1500 square foot townhome and keep my AC around 72… I’m on budget billing because once I had a bill of $700 and I’m so freaked out by that happening again I’ve done budget billing for years. Even so, it’s like $423/mo. Anytime I talk to ppl around me with bigger homes/keeps their AC lower has maybe a max bill of $200-250. I just don’t get it. I’ve brought it up to Ameren and they say maybe you’ve done more laundry than you realize… blah blah. I do a normal amount of laundry. I even go out of my way to unplug things and turn off lights more often at this point but nothing helps… I’m just so sick of this electric bill and don’t know how to make them look further into it.
Stupid question but would an old fridge in the garage cause this? I have an old fridge from the 70s plugged in the garage to hold drinks so I’m just curious. Maybe I should unplug it and see.
EDIT: I unplugged fridge and going to keep my AC at 75 for the time being 🥵 I cannot do 78 lol will also get meter checked
Thanks!
| 193 |
punky_opposum
| 1,693,921,971 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/16aow7k/electric_bill_400month/
|
qejas1
|
hhuuroz
|
Advice in this thread is all over the place seems there's no real answer.
"Don't hold onto cash" isn't an answer if your solution is taking big risks.
| 106 |
LightningsHeart
| 1,635,080,340 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhuo4bd
|
With this on mind- is it worst to overpay for a house. Assuming 20% (or more) down payment to use liquid savings that are losing value with inflation. Or lose value from those savings waiting for house prices to stabilize. What factors would swing the decision one way or another? For examples: how long staying in the purchased home, amount of remodeling it needs, what current rent is, etc
| 43 |
a_mulher
| 1,635,076,186 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhtngfd
|
Do. Not. Hold. Cash. That's the absolute worst thing you can do when inflation is up. If you're serious about a major purchase and are sure you won't regret it later, do it now, BUT don't go broke for it. Sink your extra cash into investments that can beat inflation if you can.
And, of course, don't let some weeb on the Internet convince you to invest in something you've never heard of lol. Don't be afraid to dive down the rabbit hole with research, sure, but use your own judgment.
| 283 |
commandrix
| 1,635,047,930 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhth0w0
|
>Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat.
Planet Money and the Indicator talk about the current inflation things a lot, and they have a much more sophisticated view on it than this. Some is on a boat, some needs microchips, some is caught up in complicated supply chain things like maybe a piece for the broken delivery truck for your gravel is on the boat, etc. - listen to Indicator's "Bullwhip effect" episode from last week if you want to understand this better.
>It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
In order of the questions you asked:
* Wise behaviors: taking on super long term debt that inflation will reduce the value of, leaving your lendor holding the bag.
* Mortgage: probably pay it off as slow as you can so maybe rising wages or salary, pushed by inflation and cost-of-living adjustments will make the debt relatively smaller after the inflation occurs.
* Large purchase: see above, push all debt out as far as you can, but only if you were already going to do it, don't go make a big purchase because you think the inflation is coming or going to be here a while, because that's a gamble.
* Wise behaviors: taking on super long-term debt that inflation will reduce the value of, leaving your lendor holding the bag.ion reduces the value of cash, holding cash is a liability during inflation but most other investments that are not held in cash because they're other assets, their real value will just be reflected in the new cash amount, so if you have stocks, bonds, real estate, etc., inflation should push all prices up everywhere and they're still good investments if they're based on real value. That said, if inflation leads to some kind of collapse or recession, then you want to look for cession or collapse resilient investments, so maybe rental properties, gold, etc., but a lot of this comes down to personal risk tolerance and predictions, etc.
* fixed income: you need to keep your own personal costs from rising however you can. If you can't, because of inflation, you have to try to move the other variable: the income. If it's fixed, then you need a job or some other source of income. Or spend through savings. Maybe start ubering or something.
* Investments: anything that isn't cash basically: since investments are typically measured in terms of cash value, and inflation reduces the value of cash, holding cash is a liability during inflation but most other investments that are not held in cash because they're other assets, their real value will just be reflected in the new cash amount, so if you have stocks, bonds, real estate, etc., inflation should push all prices up everywhere and they're still good investments if they're based on real value. That said, if inflation leads to some kind of collapse or recession, then you want to look for a recession or collapse resiliant investments, so maybe rental properties, gold, etc., but a lot of this come down to personal risk tolerance and predictions, etc.s lot's of inflation. Older, stronger, or more vigorously cash-flow businesses have more wiggle room to use to survive high inflation. The gravel sellers have to pass their costs right along to you, while Apple can use it's war chest to battle through the chip shortage without raising iPhone prices, etc.
| 135 |
PassTheTendies
| 1,635,044,450 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhusuc0
|
Steel has gone up an incredible amount. Most people don't fully realize how this works. When steel goes way up, the steel places don't want to stock a bunch. If a factory is doing a big job, that makes quoting very hard. They may not be able to buy all the materials they need for a job. Clauses are written into the contracts, but customers aren't just paying for one job. They are getting hit hard. Gets complicated real quick.
For us, I'm not buying a bunch of stuff. Our mortgage is locked in. We drive paid for cars. I have a truck I bought for $500 a while ago. I'm working on getting that going as a spare
| 13 |
Distributor127
| 1,635,079,214 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhunk3p
|
Quite interesting, cause I am currently in country with serious inflation rate due to coup and intense resistance movement. Hope I will find tips on helping some people who can't flee the country and have to endure the inflation.
P.S. We don't have reliable credit bureau here. Credit system is more like uncharted water for many people.
| 12 |
srona22
| 1,635,075,795 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhuyjjn
|
Is this a good time to refinance a mortgage and pull out capital for other investments? Or let it ride and keep the low payment?
| 5 |
Baked_potato123
| 1,635,082,471 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhwexvj
|
Siri g periods of high inflation the Fed will raise interest rates to “slop up dollars” from the system. This means ALL interest rates would go up.
Therefore, if you have fixed rate stuff you would slow down paying it in favor of paying variable rate debt.
So, lock in the 3% mortgage, or 0% car loan now. Pay off that low rate credit card that will ultimately start going up.
Start doing projections on staples that will go up. A $100 a week food budget will be $125 pretty soon. Heating with gas? Your natural gas bill will likely rise about 30-50% THIS heating season.
My guess is your salary is not going to keep up.
Stocks should rise at first—but as purchases slow down because of higher funding rates you will see things slow down. That means a run for the doors at some time.
Hedges against inflation are traditionally cyclical stocks and gold and silver. I guess crypto might be in that mix for the first time.
The key is to look at where you are and start asking a lot of “what if” questions.
Large amounts of cash would not be advisable. Increasing variable rate debt is a big no. Livi g under your means gives you ammo going forward. It’s all about creating Financial “space” to adjust.
| 5 |
Merlin560
| 1,635,104,726 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhuvmzx
|
I work with draymen pulling containers for customers. You’d be surprised that gravel very well could be imported. I work w a freight forwarder who exclusively did stone.
| 10 |
SvddenlyFirm
| 1,635,080,844 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
qejas1
|
hhuqmki
|
What would I do to not lose out on value for my emergency fund? I have several months worth of income saved for an event in which I were to lose my job or pay for medical emergencies... I definitely don't want that to lose value
| 6 |
ashteif8
| 1,635,077,870 |
What are some helpful financial behaviors in a period of inflation?
|
Listening to NPR's Planet Money, they seem to have a thesis that prices are high because everything is stuck on a boat. My local gravel quarry has raised their price for a load of gravel, a commodity I need for my rural driveway, from $280 to $300, and November 1 it goes up another 10%. As I told the delivery driver yesterday, "I'm pretty sure none of that gravel is stuck on a boat somewhere." My local utility, Ameren, is asking the public utility commission for an 11% raise in rates. I'm pretty sure none of that electricity is stuck on a boat somewhere. Social Security has pegged CPI inflation at 6%, but apparently the CPI doesn't buy wire, lumber, copper pipe, steel tubing, nails, paint, furnaces, or anything else you use to fix a house, all of that stuff is through the roof.
It seems we are entering a period of inflation, whether short or long term remains to be seen. What are some wise financial behaviors in a period of inflation? Should you pay off a mortgage or pay it later? Make large purchases or put them off? What kinds of investments do well in inflationary periods? How should someone on a fixed income behave financially? What industries tend to thrive, or suffer?
| 1,018 |
Henri_Dupont
| 1,635,043,393 |
ameren
|
personalfinance
|
https://www.reddit.com/r/personalfinance/comments/qejas1/what_are_some_helpful_financial_behaviors_in_a/
|
kje37j
|
ggxbuss
|
Yes that is how an IPO works. The company gets guaranteed cash for their shares based on the underwriter's valuation. The underwriter gets to profit off the spread by selling it to subscribers - these are the rich people who get to buy in before it's publicly traded. The underwriter has to buy any remaining shares not sold to subscribers.
The underwriter profits by setting a low enough price to the company vs what they think it'd go on the market. It's adversarial.
I can't answer specifics for this IPO, but outstanding shares includes everyone - employees, the founders, venture capital, etc. Generally the underwriter will require a lockup period - the standard is 180 days. Generally the lockup period is on common stock - employees, founders, etc. 50/50 on if venture capital is on the lockup period - "standard terms" of VC is if they share in the IPO their preferred shares is converted to common stock on a fully diluted basis, but god knows these days with so many VC funds out there, so many startups, and some of the HORRIBLE terms I saw when I was pitching to VCs.
So that's typically why you see 6 months later a ton of shares trade, the stock price dropping, etc. The lockup agreements generally expire at that point as more shares dump on the market.
| 5 |
Adderalin
| 1,608,839,240 |
Underwriter positions
|
I'm trying to determine if the underwriters (namely, Cantor Fitzgerald) for a certain IPO retain shares of the company they helped IPO (namely, Nanox Vision). From the company [prospectus](https://investors.nanox.vision/static-files/5810c5f6-62b1-4d96-b9fd-b74c73aadbf3) it looks like Cantor got 4.3M shares to sell (and/or keep?) of 9.1M shares initially offered - however at this point there are 46M outstanding shares. So - where did all those extra shares come from , and does Cantor still hold any? They don't seem to be listed as [institutional shareholders](https://www.nasdaq.com/market-activity/stocks/nnox/institutional-holdings) (and btw why are all those guys listed as having bought on the same day, 30.9.2020??)
| 13 |
GloomySubject9256
| 1,608,810,164 |
3m
|
investing
|
https://www.reddit.com/r/investing/comments/kje37j/underwriter_positions/
|
1kuq912
|
mu3lrmq
|
A shit company trading for 8xPE?
Why wouldn't I just buy ANF which is currently trading at 4xPE? Buybacks and is actually a reliable business unlike INBP.
Just a quick glance over the financials and I can tell I wouldn't put a single cent into that stock.
| 5 |
TheSpinBoy
| 1,748,135,220 |
INBP - small company, but unbelievably cheap
|
Been buying a bit recently after they reported strong calendar Q1 results.
Company is a vitamin/supplement manufacturer with major customers of Life Extension and Herbalife.
Trading for $0.33. CY Q1 eps was $0.02/share. Trailing annual eps around $0.04.
Market cap around $10m, with $3m in cash and no debt. So EV of $7m.
Over $50m in revenue
EV/EBITDA only around 3x
Tangible book value over 100% higher at $0.67/share
Major holders who own almost 50% of the stock are the billionaire investors behind Celsius energy drinks (CELH). Wouldn’t be surprised if they just buyout the other half of the company.
| 15 |
Holla_Ackbar
| 1,748,133,995 |
3m
|
ValueInvesting
|
https://www.reddit.com/r/ValueInvesting/comments/1kuq912/inbp_small_company_but_unbelievably_cheap/
|
4phs31
|
d4l20bw
|
>At March 31, 2016, we had $65.7 million of cash and cash equivalents, a decrease of $8.4 million from $74.1 million at 2015 year-end. We expect that this amount will be sufficient to fund operations as currently anticipated beyond one year. We have historically funded our operations to a significant extent from capital-raising and we expect to require additional funding in the future, the availability of which is never guaranteed and may be uncertain. We expect that we may continue to incur operating losses for the foreseeable future.
>RELISTOR®-Subcutaneous injection
>Treatment of opioid-induced constipation ("OIC") in advanced-illness patients receiving palliative care when laxative therapy has not been sufficient and treatment of OIC in patients with non-cancer pain
>Sold in the U.S., E.U., Canada, Australia and elsewhere; licensed to Valeant
>RELISTOR®-Oral Tablets
>Treatment of OIC
>Phase 3 testing completed; New Drug Application (NDA) submitted. FDA has assigned a Prescription Drug User Fee Act action date of April 19, 2016, which was extended by three months to July 19, 2016
PSMA Antibody conjugated with alpha-emitting radionuclides
>Under our agreement with Valeant, we received a development milestone of $40.0 million upon U.S. marketing approval for subcutaneous RELISTOR in non-cancer pain patients in 2014, and are eligible to receive (i) a development milestone of $50.0 million upon U.S. marketing approval of an oral formulation of RELISTOR, (ii) up to $200 million of commercialization milestone payments upon achievement of specified U.S. sales targets, (iii) royalties ranging from 15% to 19% of net sales by Valeant and its affiliates, and (iv) 60% of any upfront, milestone, reimbursement, or other revenue (net of costs of goods sold, as defined, and territory-specific research and development expense reimbursement) Valeant receives from sublicensees outside the U.S. In the event either marketing approval of the oral formulations of the drug is subject to a Black Box Warning or Risk Evaluation and Mitigation Strategy, payment of a substantial portion of the milestone amount would be deferred, and subject, to achievement of the first commercialization milestone (payable on annual U.S. sales first exceeding $100 million).
This seems like standard Valeant, to contract out the R&D. I'm not quite seeing why they would get bought though (by Valeant or any one else), seeing as the IP is spoken for. Their other big project is similar, funded by Bayer, which again stands to be the main beneficiary.
TL;DR: Good shot of approval and SP spike, but probs not getting bought out.
| 5 | null | 1,466,703,445 |
$PGNX - Some shit DD
|
Let's talk about Progenics Pharma.
Overview
PGNX is a small cap (327M) biotech that's currently trading around 4.7 a share. They are know for their cancer products and have a very specific focus on prostate cancer, which is a extremely common cancer that kills 1 in 39 men every year.
Financials
This company has absolutely no fucking debt. For being a low cap biotech this is pretty exciting, since they also have 66M in cash just sitting around to use. I'm not to skilled in the heavy TA department, but I can tell you the company has a 18.6% short float and and average 3m volume of 810K with 70M shares outstanding. The dollar volume is really shit, but were not here for the technicals becuase its all fugazi.
Pipeline
The pipeline is solid right now. They have got a few oncology drugs going through phase 2 - phase 3 trials such as Small Molecule Diagnostic 1404, which is a diagnostic tool specifically developed for prostate cancer imaging. You can read about the rest on their website becuase I'm not really playing this long term. But the main catalyst here is the oral version of Relistor, which treats the source of constipation caused by opioids without affecting the pain relief from opioid therapy. Drugs like this are not new to the world, however it's approval is going to push PGNX to at least $7 a share when it gets approved.
The Future
The PDUFA for oral Relistor is July 19th and it's going to be approved no problem. The FDA even said "Among the opioid receptor antagonists in development for OIC, Relistor has been the most extensively evaluated in the nonclinical, clinical, and post-marketing settings". So now I'm going to predict the future. Once this get approved, were going to be looking at a potential buyout for PGNX. At such a small market cap lots of big companys are going to try to get them. While VRX is working with PGNX on the marketing and distribution of Relistor through a satellite company they are not a likely contender to buy because their company right now is the financial equivalent of a dumpster fire. My best guess for a buyout would be Pfizer (PFE) since its oncology department isnt really up to par with the other big dogs like Novartis (NVS), Amgen (AMGN) or Roche (ROG). Other possible buyout candidates are AbbVie (ABBV), Biogen Idec (BIIB), GlaxoSmithKline (GSK), and Sanofi (SNY). I think after Relistor gets approved, we will see
a buyout offer a few weeks later from one of these companies.
TL;DR: PGNX to the moon praise be to Yellen
Update: The oral version has just been approved. Currently siting around 6.8 in AH. I'm expecting a little short squeeze ftb tomorrow pushing this up to low-mid 7s. Next stop is the buyout.
| 30 |
Bezoekt
| 1,466,701,372 |
abbvie
|
wallstreetbets
|
https://www.reddit.com/r/wallstreetbets/comments/4phs31/pgnx_some_shit_dd/
|
1310eto
|
jhykbji
|
Aren’t the FTD numbers also massively underreported due to CNS accounting loopholes?
| 5 |
ronoda12
| 1,682,624,372 |
FTDs again.
|
Not much to say this time. Still way too many FTDs. Nothings changed. Buy, directly register, terminate plan, hold, comment and shop. The point of this post is to show how wide-spread the issue is. FTD's are everywhere. That said GME is the only stock for me.
***SETTLEMENT DATE|CUSIP|SYMBOL|QUANTITY (FAILS)|DESCRIPTION|PRICE***
20230331|98985Y108|ZYME|44882|ZYMEWORKS INC COM(DE)|8.76
20230331|98850P109|YUMC|16838|YUM CHINA HLDGS INC COM (DE)|62.99
20230331|98462Y100|AUY|**3903936**|YAMANA GOLD INC|5.89
20230331|98422D105|XPEV|780030|XPENG INC.ADS|11.39
20230331|98138J206|WKHS|64327|WORKHORSE GROUP INC|1.36
20230331|97717X578|XSOE|21927|WISDOMTREE TR EMERGING MKTS EX|27.86
20230331|97717X594|IHDG|14519|WISDOMTREE TR|39.00
20230331|962879102|WPM|186941|WHEATON PRECIOUS METALS CORP C|48.15
20230331|949746101|WFC|10061|\*\*WELLS FARGO & CO(NEW)\*\*|37.38
20230331|94419L101|W|33894|WAYFAIR INC CL A COM STK (DE) |32.48
20230331|92891H408|UVIX|337149|VS TR 2X LONG VIX FUTURES ETF |16.12
20230331|92887H107|VONOY|33709|VONOVIA SE ADR (DEU)|9.42
20230331|928254101|VIRT|13038|**VIRTU FINL INC CL A**|18.71
20230331|92556H206|PARA|200835|PARAMOUNT GOBAL CL B COMMON ST|21.71
20230331|92534K107|VTNR|39903|Vertex Energy, Inc|9.93
20230331|923725105|VET|42692|VERMILION ENERGY INC COM (CANA|12.67
20230331|92343V104|VZ|72302|**VERIZON COMMUNICATIONS**|38.66
20230331|922907746|VTEB|**2603338**|**VANGUARD MUN BD FDS TAX-EXEMPT**|50.57
20230331|92203C303|VUSB|20107|VANGUARD BD INDEX FDS|49.19
20230331|921937835|BND|18578|VANGUARD BD INDEX FD INC TOTAL|73.45
20230331|921935870|VTES|42209|VANGUARD WELLINGTON FD SHORT-T|101.49
20230331|921910840|MGV|19048|VANGUARD MEGA CAP VALUE|100.07
20230331|92189H730|SMOT|42369|VANECK ETF TR MORNINGSTAR SMID|27.94
20230331|92189H409|HYD|24733|VANECK HIGH YIELD MUNI ETF|51.47
20230331|92189F676|SMH|17952|VANECK ETF TR SEMICONDUCTOR ET|261.37
20230331|91917A207|WGMI|24840|VALKYRIE ETF TR II BITCOIN MIN|8.86
20230331|91680M107|UPST|2759175|UPSTART HLDGS INC COM|14.19
20230331|91531W106|TIGR|30662|UP FINTECH HLDG LTD SPONSORED |3.26
20230331|896442308|TRIN|18025|TRINITY CAP INC (MD)|13.00
20230331|89278D208|TBMCU|54039|TRAILBLAZER **MERGER CORP I UNIT**|10.09
20230331|891160509|TD|11585|\*\*TORONTO-DOMINION BANK (THE)\*\*|59.43
20230331|88688T100|TLRY|202661|TILRAY BRANDS INC COM (DE)|2.52
20230331|87971M103|TU|21954|TELUS CORP (F)|20.11
20230331|879382208|TEF|140686|TELEFONICA SA ADS(RP 1 SH CAPI|4.29
20230331|874060205|TAK|394383|TAKEDA PHARMACEUTICAL CO LTD S|16.35
20230331|86959K105|SUZ|128925|SUZANO S.A.SPONSORED ADS (BRAZ|8.42
20230331|867652406|SPWR|130071|SUNPOWER CORP COM STK (DE)|13.25
20230331|86745K104|NOVA|280056|SUNNOVA ENERGY INTL INC. COM|14.39
20230331|867224107|SU|25331|SUNCOR ENERGY INC (NEW)|31.01
20230331|86562M209|SMFG|17820|SUMITOMO MITSUI **FINANCIAL GROU**|7.87
20230331|860897107|SFIX|70468|STITCH FIX INC|4.79
**20230331|85521B742|AGOX|77804|STARBOARD INVT TR|21.56**
**20230331|85521B783|AMAX|45800|STARBOARD INVT TR RH HEDGED MU|7.72**
20230331|853606101|SLI|75720|STANDARD LITHIUM LTD (CANADA) |3.70
20230331|85208T107|CXM|27139|SPRINKLR INC CL A (DE)|12.79
20230331|85207H104|PHYS|10893|**SPROTT PHYSICAL GOLD TRUST UNI**|15.55
20230331|85207K107|PSLV|81973|**SPROTT PHYSICAL SILVER TR UIT** |8.28
20230331|836100107|SOUN|366919|SOUNDHOUND AI INC CL A (DE)|1.97
20230331|83558L204|SNOA|37412|SONOMA PHARMACEUTICALS INC COM|1.05
20230331|83422N105|SLDP|13434|SOLID PWR INC COM CL A (CO)|2.91
20230331|83405K102|SOBKY|103315|\*\*SOFTBANK CORP ADR (JAPAN)\*\*|11.49
20230331|83307B101|SNDL|24182|SUNDIAL GROWERS INC COM (CAN) |1.57
20230331|830940102|SKWD|317037|SKYWARD SPECIALTY INS GROUP IN|21.52
20230331|82968B103|SIRI|1187844|SIRIUS XM HOLDINGS INC,|3.96
20230331|82837P408|SI|336477|SILVERGATE CAP CORP CL A (MD) |1.62
20230331|82509L107|SHOP|120803|SHOPIFY INC CL A (CDA)|46.51
20230331|82452T305|SFT|49855|SHIFT TECHNOLOGIES INC CL A NE|1.15
20230331|81948W104|SHCR|236226|SHARECARE, INC. CLASS CL A (DE|1.46
20230331|81752T536|ADPV|79110|SERIES PORTFOLIOS TR ADAPTIV S|23.01
20230331|81689T104|ASAI|204426|SENDAS DISTRIBUIDORA S A|15.69
20230331|81369Y704|XLI|1272106|INDUSTRIAL SECTOR SPDR|99.86
20230331|81369Y100|XLB|45452|SELECT SECTOR SPDR FD-MATERIAL|79.37
20230331|81369Y308|XLP|119260|CONSUMER STAPLES SECTOR SPDR|74.11
**20230331|80880W106|SCLX|85639|SCILEX HLDG CO COM|7.71**
**20230331|80880W114|SCLXW|3500|SCILEX HLDG CO WT EXP|0.98**
20230331|808625107|SAIC|19211|SCIENCE APPLICATIONS INTL CORP|106.68
20230331|808524888|SCHC|18663|SCHWAB STRATEGIC TR INTL SMALL|33.53
20230331|808524698|SCHI|117122|SCHWAB STRATEGIC TR 5 -10 YR C|44.34
20230331|803607100|SRPT|19003|SAREPTA THERAPEUTICS INC COM S|136.03
20230331|798241105|SJT|321909|SAN JUAN BASIN ROYALTY TR|10.15
20230331|79547H106|SALRY|59182|SALMAR ASA ADR (NORWAY)|10.62
20230331|79546E104|SBH|16267|SALLY BEAUTY HLDGS INC|15.28
**20230331|78646V107|SAFEZZZZ|208945|SAFEHOLD INC COM|49.87**
20230331|78573M104|SABR|73004|SABRE CORPORATION COMMON STOCK|4.03
20230331|785246109|SGSVF|70966|SABINA GOLD & SILVER CORP ORDI|1.52
20230331|78468R853|SPSM|209658|SPDR PORTFOLIO S&P 600 SMALL C|37.08
20230331|78468R721|TFI|60547|SPDR NUVEEN BLOOMBERG MUNICIPA|46.75
20230331|78468R556|XOP|485114|SPDR SER TR OIL & GAS EXPLORAT|126.00
20230331|78468R408|SJNK|65379|SPDR BLOOMBERG SHORT TERM HIGH|24.61
20230331|78464A888|XHB|67885|SPDR SERIES TR SPDR S&P HOMEBU|66.12
20230331|78464A755|XME|69581|SPDR SER TR SPDR S&P METALS & |52.42
20230331|78464A672|SPTI|22301|SPDR SER TR SPDR PORTFOLIO INT|28.82
20230331|78464A383|SPMB|83705|SPDR SER TR SPDR PORTFOLIO MOR|22.11
20230331|78463X202|FEZ|62102|SPDR EURO STOXX 50 ETF|44.74
**20230331|78462F103|SPY|872834|SPDR S&P 500 ETF TR|403.70**
20230331|78440X507|SLGPRI|44347|SL GREEN REALTY CORP PFD SER I|18.77
20230331|78444J108|SLCJY|79294|SLC AGRICOLA SA SPONSORED ADR(|9.32
20230331|78445W306|SMCAY|11153|SMC CORP JAPAN AMERICAN DEPOSI|26.59
20230331|77634L105|RCM|88767|R1 RCM INC NEW COM(DE)|14.95
20230331|77311W101|RKT|64494|ROCKET COMPANIES, INC. (DE)|8.79
20230331|771195104|RHHBY|180230|ROCHE HLDG LTD SPONS ADR|35.80
20230331|76954A103|RIVN|127357|RIVIAN AUTOMOTIVE INC CL A|14.40
20230331|767292105|RIOT|505681|RIOT PLATFORMS,INC COM|9.14
20230331|767744105|RBA|30027|RITCHIE BROS.AUCTIONEERS INC|55.37
20230331|767754872|RAD|18022|RITE AID CORP COM PAR $1.00|2.16
20230331|76680V108|REI|179217|RING ENERGY, INC. COMMON STOCK|1.83
20230331|76135L309|REVB|10216|REVELATION BIOSCIENCES INC COM|1.35
20230331|760416107|FRBK|49103|REPUBLIC FIRST BANCORP INC|1.19
20230331|7591EP100|RF|20301|\*\*REGIONS FINANCIAL CORP (NEW)\*\*|18.33
20230331|75724R107|RDBBY|54823|REDBUBBLE LTD ADR (AUS)|3.08
20230331|75574U101|RC|70543|READY CAP CORP COM|9.82
20230331|74913G873|CTDD|24407|QWEST CORP NT|14.64
20230331|747324101|PYXS|285294|PYXIS ONCOLOGY INC COM|6.00
20230331|74365A309|PLX|79031|PROTALIX BIOTHERAPEUTICS INC C|2.02
20230331|74348T102|PSEC|13424|PROSPECT CAPITAL CORP COM STK |6.89
20230331|74347Y813|KOLD|71875|PROSHARES TR II ULTRASHORT BLO|79.09
20230331|74347Y839|UVXY|335746|PROSHARES TR II|4.64
20230331|74347Y847|ZSL|19535|PROSHARES TR II ULTRASHORT SIL|18.84
20230331|74347Y854|VIXY|69801|PROSHARES TR II VIX SHORT TERM|9.08
20230331|74347X831|TQQQ|285637|PROSHARES ULTRAPRO QQQ|26.94
20230331|74347R842|UWM|35787|PROSHARES ULTRA **RUSSELL 2000**|30.73
20230331|74347R305|DDM|30608|PROSHARES ULTRA **DOW30**|62.21
20230331|74347G622|SSG|25222|PROSHARES TR ULTRASHORT SEMICO|12.81
20230331|74347G432|SQQQ|2445502|PROSHARES TR ULTRAPRO SHORT QQ|30.88
20230331|74347G440|BITO|223140|PROSHARES TR BITCOIN STRATEGY |17.23
20230331|74347G374|DXD|57899|PROSHARES TR ULTRASHORT DOW30 |43.91
20230331|74347B714|PSQ|887083|PROSHARES SHORT QQQ|12.38
20230331|74347B425|SH|949888|PROSHARES SHORT S&P500 NEW (DE|15.21
20230331|74347B201|TBT|251239|PROSHARES ULTRASHORT **20+YEAR T**|28.79
20230331|74255Y888|PREF|135496|PRINCIPAL SPECTRUM PFD SECS AC|16.86
20230331|72703X106|PL|1447957|PLANET LABS PBC COM CL A|3.57
20230331|726503105|PAA|20186|PLAINS ALLAMERICAN PIPELINE|12.39
20230331|72814P109|PLBY|29614|PLBY GROUP, INC. COM STK|1.92
20230331|71722W107|PHAT|20708|PHATHOM PHARMACEUTICALS INC CO|6.80
20230331|71601V105|WOOF|24563|PETCO HEALTH & WELLNESS CO INC|8.85
20230331|71425H100|PVL|19563|PERMIANVILLE RTY TR TR UNIT (D|2.38
20230331|70509V100|PEB|86115|PEBBLEBROOK HOTEL TR (MD)|13.61
20230331|70424C104|PXMD|40785|PAXMEDICA INC COM (DE)|2.13
20230331|700517105|PK|386639|PARK HOTELS & RESORTS INC COM |11.74
20230331|697900108|PAAS|30622|PAN AMERICAN SILVER CORP|18.36
20230331|69374H857|CALF|28964|PACER FDS TR PACER US SMALL CA|37.36
20230331|69374H873|ICOW|50960|PACER FDS TR DEVEL MRKTS INTL |29.51
20230331|69368G105|PBCRY|80962|PT BANK CENTRAL ASIA TBK UNSPO|14.59
20230331|69121K104|ORCC|231048|OWL ROCK CAP CORP COM (MD)|12.50
20230331|687793109|OSCR|92190|OSCAR HEALTH INC CL A|6.62
20230331|68634K106|ORLA|44354|ORLA MNG LTD NEW (CANADA)|4.83
20230331|68373L406|OPGN|20392|OPGEN INC COM PAR $0.01(DE)|1.18
20230331|683712103|OPEN|887297|OPENDOOR TECHNOLOGIES INC|1.63
20230331|68268W103|OMF|20777|ONEMAIN HLDGS INC COM|36.28
20230331|682189105|ON|170913|ON SEMICONDUCTOR CORP|81.83
20230331|68163W208|OLYMY|30851|OLYMPUS CORP ADR (JAPAN)|17.24
20230331|67092P607|NUSC|21387|NUVEEN ESG SMALL-CAP ETF|34.79
20230331|67079U108|NUTX|106004|NUTEX HEALTH INC COM|1.03
20230331|67080D103|NPCT|34976|NUVEEN CORE PLUS IMPACT FD COM|10.18
20230331|67079A102|NVEI|59776|NUVEI CORP COM (CANADA)|42.75
20230331|67066G104|NVDA|47693|**NVIDIA CORP**|273.83
20230331|670002401|NVAX|106256|NOVAVAX INC COM NEW (DE)|6.59
20230331|654110105|NKLA|851879|NIKOLA CORP COM|1.40
20230331|649445202|NYCBPRA|11491|NEW YORK CMNTY BANCO|22.76
20230331|64130M209|NMTC|25667|NEUROONE MED TECHNOLOGIES CORP|1.58
20230331|639494103|NIR|61163|NEAR INTELLIGENCE INC COM (DE)|2.59
20230331|63875W208|VNSE|82078|NATIXIS ETF TR II VAUGHAN NELS|27.04
20230331|637432105|NRUC|32361|NATIONAL RURAL UTILS COOP FIN |23.39
20230331|629436106|NTDTY|45310|Ntt Data Corp Ltd Unsponsored |13.30
20230331|62914V106|NIO|276560|NIO INC ADS|10.46
20230331|62878D100|NABL|22929|N-ABLE INC COM|13.45
20230331|61774R205|CVLC|43483|MORGAN STANLEY ETF TR CALVERT |50.37
20230331|61174X109|MNST|142641|MONSTER BEVERAGE CORP NEW|52.49
20230331|60741F104|MBLY|45630|MOBILEYE GLOBAL INC CL A|41.62
20230331|606822104|MUFG|43428|**MITSUBISHI UFJ FINANCIAL GROUP**|6.25
20230331|60471A101|MIR|19285|MIRION TECHNOLOGIES INC CL A (|8.33
20230331|595112103|MU|49829|MICRON TECHNOLOGY INC|63.09
20230331|594960304|MVIS|387636|MICROVISION INC COM (WASH)|2.58
20230331|58463J304|MPW|128931|MEDICAL PROPERTIES TRUST INC|8.04
20230331|573874104|MRVL|154329|MARVELL TECHNOLOGY INC|43.25
20230331|565788106|MARA|191484|MARATHON DIGITAL HLDGS INC|7.83
20230331|559080106|MMP|95083|MAGELLAN MIDSTREAM PARTNERS,L.|54.34
20230331|559222401|MGA|46833|MAGNA INTL COM|52.02
20230331|55328R109|TIO|34645|TINGO GROUP INC COM|1.13
20230331|55379N106|MTHRY|44902|M3 INC ADR(JAPAN)|12.36
20230331|55317F108|MGOL|48725|MGO GLOBAL INC COM(DE)|1.34
20230331|552939100|MGF|138301|**MFS GOVT MARKETS INCOME TR**|3.29
20230331|55083R104|LYEL|26609|LYELL IMMUNOPHARMA INC COM (DE|2.15
20230331|543518104|LOOP|38011|LOOP INDS INC|3.58
20230331|53946R106|LDI|25693|LOANDEPOT INC CL A|1.57
20230331|53680Q207|LAC|253400|LITHIUM AMERS CORP N (CANADA) |21.43
20230331|536221104|LEV|26849|LION ELEC CO COM (CAN)|1.75
20230331|53229C107|LSPD|18206|LIGHTSPEED COMM INC SUB VTG SH|14.32
20230331|532275104|LWLG|31178|LIGHTWAVE LOGIC, INC|5.01
20230331|50202M102|LI|147218|LI AUTO INC SPONSORED ADR|25.32
20230331|50066V107|KORE|92897|KORE GROUP HLDGS INC COM (DE) |1.20
20230331|49639K101|KC|69911|KINGSOFT CLOUD HLDGS LTD ADR (|7.86
20230331|48203N103|JUN|744094|JUNIPER II CORP CL A (DE)|10.38
20230331|47737C104|JFIN|56066|JIAYIN GROUP INC SPONSORED ADS|3.74
20230331|471871103|JSPR|13970|JASPER THERAPEUTICS INC CL A (|1.88
20230331|471059105|JPXGY|46930|**JAPAN EXCHANGE** GROUP INC UNSPO|7.64
20230331|465562106|ITUB|549414|ITAU UNIBANCO BANCO HLDGS S.A.|4.80
20230331|46436E874|IBTE|34922|ISHARES TR IBONDS DEC 2024 TER|24.00
20230331|46435U697|IBMM|21539|ISHARES TR IBONDS DEC 2024 TER|25.87
20230331|46435G516|ESGD|19796|ISHARES TRUST ISHARES ESG AWAR|71.53
20230331|46435G524|IGRO|21520|ISHARES TR INTERNATIONAL DIVID|60.23
20230331|46434V456|IQLT|137519|ISHARES MSCI INTL QUALITY FACT|35.11
20230331|46434V290|SMLF|36897|ISHARES TR U.S. SMALL CAP EQUI|50.24
20230331|46434G889|EMGF|76256|ISHARES EMERGING MARKETS EQUIT|41.58
20230331|46434G822|EWJ|**1518535|ISHARES MSCI JAPAN ETF**|57.98
20230331|46434G764|EMXC|38806|ISHARES INC MSCI EMERGING MKTS|49.34
20230331|46434G103|IEMG|27575|ISHARES INC|48.86
20230331|46432F842|IEFA|79200|ISHARES TR|66.54
20230331|46429B671|MCHI|103269|ISHARES MSCI CHINA ETF|50.38
20230331|464288513|**HYG**|371664|ISHARES TR|74.74
20230331|464287655|IWM|135686|ISHARES **RUSSELL 2000 ETF**|175.18
20230331|464287556|IBB|30129|ISHARES BIOTECHNOLOGY ETF|127.23
20230331|464287515|IGV|27539|ISHARES EXPANDED TECH-SOFTWARE|297.31
20230331|464287465|EFA|537012|ISHARES TR MSCI EAFE ETF|71.16
20230331|464287408|IVE|26238|ISHARES S&P 500 VALUE ETF|149.74
20230331|464286806|EWG|33373|ISHARES MSCI GERMANY ETF|28.38
20230331|464286400|EWZ|18489|ISHARES INC MSCI BRAZIL ETF|27.67
20230331|464286509|EWC|16148|ISHARES MSCI CANADA ETF|33.88
20230331|46222L108|IONQ|21727|IONQ INC COM (DE)|5.08
20230331|46139W858|BSCW|36906|INVESCO EXG-TR SLF-INDX FD TR |20.40
20230331|46138J791|BSCQ|435693|INVESCO ET SELF IDXD FD TR BUL|19.06
20230331|46138J783|BSCR|27028|INVESCO ET SELF IDXD FD TR BUL|19.21
20230331|46138J593|OMFS|31341|INVESCO EXCHANGE-TRADED SELF-I|34.58
20230331|46138J577|BSCT|28844|INVESCO INDEX FD TR BULLETSHAR|18.19
20230331|46138G649|QQQM|19465|INVESCO EXCHANGE-TRADED FD TR |129.84
20230331|46138E743|PXF|21368|INVESCO IFTSE RAFI DEV MKTS EX|43.89
20230331|46138E370|SPHB|37315|INVESCO ETF TR II S&P 500 HIGH|68.75
20230331|46138E230|IDLV|20359|INVESCO ETF II S&P INTL DEV LO|27.32
20230331|46138E214|IDHQ|40155|INVESCO ETF TF II S&P INTL DEV|26.36
20230331|46090E103|**QQQ|109177|INVESCO QQQ TR|315.68**
20230331|46090A309|PSMC|46473|INVESCO ACT MNG ETF TR CONSERV|12.11
20230331|45782C342|KAPR|55532|INNOVATOR U.S. SMALL CAP POWER|26.50
20230331|45256X103|IBRX|79830|IMMUNITYBIO INC COM (DE)|1.76
20230331|45031U101|STAR|44761|ISTAR INC|7.63
20230331|44812T102|HUT|391353|HUT 8 MNG CORP (CANADA)|1.74
20230331|444097109|HPP|38257|HUDSON PAC PROPERTIES, INC COM|6.44
20230331|44107P104|HST|65211|HOST HOTELS & RESORTS, INC|15.79
20230331|428304406|HEXO|17506|HEXO CORP COM NO PAR (CAN)|1.35
20230331|42824C109|HPE|56064|HEWLETT PACKARD ENTERPRISE CO |15.72
20230331|40637H109|HALO|67916|HALOZYME THERAPEUTICS INC|37.31
20230331|405552100|HLN|68469|HALEON PLC ADR (GBR)|8.08
20230331|404280406|HSBC|14079|**HSBC HOLD PLC ADS (REP 5 ORD)** |34.29
20230331|38149W101|GCOR|54522|GOLDMAN SACHS ETF TR ACCESS U |41.96
20230331|38149W739|GLOV|38185|GOLDMAN SACHS ETF TR ACTIVEBET|39.35
20230331|381430206|GEM|80989|GOLDMAN SACHS ETF TR ACTVEBETA|29.78
20230331|38102H109|GFX|30001|**GOLDEN FALCON ACQUISITION CORP**|10.13
20230331|38071H106|GROY|52575|GOLD RTY CORP CDA COM|2.22
20230331|37954Y830|COPX|42458|GLOBAL X COPPER MINERS ETF|38.81
20230331|37954Y715|BOTZ|82139|GLOBAL X FDS|25.03
**20230331|37733W204|GSK|40000|GSK PLC SPONSORED ADR NEW (GBR|35.27**
20230331|374275105|GETY|18472|GETTY IMAGES HLDGS INC CL A(DE|5.10
**20230331|373737105|GGB|185521|GERDAU S.A. ADS (REPTG 1 PREF |4.96**
20230331|371901109|GNTX|125495|GENTEX CORP|27.41
20230331|364760108|GPS|501847|GAP INC (THE)|9.51
20230331|36467W109|GME|114870|**GAMESTOP CORP (HLDG CO) CL A|22.50**
20230331|35969L108|YMM|393803|FULL TRUCK ALLIANCE CO LTD SPO|7.66
20230331|35952H601|FCEL|141615|FUELCELL ENERGY INC COM PAR $ |2.78
20230331|344849104|FL|68544|FOOT LOCKER INC;COM USD0.01|39.48
20230331|33939L837|IQDF|41956|FLEXSHARES INTERNATIONAL QUALI|22.08
20230331|33939L597|FEDM|49376|FLEXSHARES TR ESG & CLIMATE DE|45.22
20230331|337655104|NOTE|32941|FISCALNOTE HLDGS INC COM CL A |1.90
20230331|33740J203|MARB|66187|FIRST TR EXCHANGE-TRADED FD II|20.06
20230331|33740U737|GFEB|25870|FIRST TR ETF VIII FT CBOE VEST|29.34
20230331|33740F573|YMAR|24060|FIRST TR EX-TR VIII CBOE VEST |20.61
20230331|33739P855|FPEI|28776|FIRST TR ETF III INSTL PFD SEC|16.63
20230331|33738R878|FVC|109342|FIRST TR EXCHE-TRD FD VI DORSE|32.66
20230331|33738R845|FTXN|**1939884**|FIRST TR ETF VI NASDAQ OIL & G|26.77
20230331|33738R605|FV|56680|FIRST TRUST DORSEY WRIGHT FOCU|44.58
20230331|33734X101|FXD|51753|FIRST TR EXCHANGE-TRADED FD|50.72
20230331|33734X127|FXN|33798|FIRST TR EXCHANGE TRADED FD FI|15.31
20230331|33616C100|**FRC|501215|FIRST REP BK SAN FRANCISCO CAL|13.69**
20230331|32076V103|AG|111927|FIRST MAJESTIC SILVER CORP ORD|7.21
20230331|316773100|FITB|28882|FIFTH THIRD BANCORP (OHIO)|26.32
20230331|316188309|FBND|15679|FIDELITY MERRIMACK STR TR TOTA|45.76
20230331|316092402|FENY|31731|FIDELITY COVINGTON TR MSCI ENE|22.30
20230331|31154R109|FPI|33483|FARMLAND PARTNERS INC COM STK |10.39
20230331|30303M102|META|25130|META PLATFORMS, INC. CLASS A C|207.84
20230331|30212W100|EXPI|66638|EXP WORLD HOLDINGS, INC. COMMO|12.20
20230331|29786A106|ETSY|19168|ETSY INC COM|108.78
20230331|29446Y502|EQX|150552|EQUINOX GOLD CORP EQUINOX GOLD|5.37
20230331|293594107|ENVX|33860|ENOVIX CORP COM (DE)|14.20
20230331|29280W109|NRGV|1047113|ENERGY VAULT HLDGS INC COM|2.04
20230331|29250N105|ENB|**1495178**|**ENBRIDGE INC**|38.08
20230331|28852N109|EFC|13966|ELLINGTON FINL INC COM|12.05
20230331|284902509|EGO|106677|ELDORADO GOLD CORP NEW COM NEW|10.46
20230331|26922B832|SMIG|29308|ETF SER SOLUTIONS AAM BAHL GAY|22.91
20230331|26884U109|EPR|24096|EPR PPTYS COM SH BEN INT (MD) |36.98
20230331|26886C107|EQRX|21374|EQRX INC COM (DE)|1.83
20230331|26484T106|DNB|48650|DUN & BRADSTREET HOLDINGS, INC|11.40
20230331|26142Q205|DPRO|76707|DRAGANFLY INC (CANADA)|1.28
20230331|25460G864|DPST|40393|DIREXION SHS ETF TR DAILY REGI|7.51
20230331|25460G807|JDST|32766|DIREXION SHS ETF TR|5.87
20230331|25460G328|DRIP|332573|DIREXION DAILY S&P OIL & GAS E|14.98
20230331|25460E521|YANG|206130|DIREXION DAILY FTSE CHINA BEAR|9.00
20230331|25460E307|COM|52213|DIREXION SHS ETF TR AUSPICE BR|30.55
20230331|25460E364|WEBL|26292|DIREXION SHS ETF TR DAILY DOW |8.33
20230331|25460E240|FAZ|37877|DIREXION SHS ETF TR DIREXION D|22.71
20230331|25460E257|HIBS|91385|DIREXION SHS ETF TR DAILY S&P |5.19
20230331|25459W458|SOXL|40584|DIREXION DAILY SEMICONDUCTOR B|17.95
20230331|25434V880|DFAX|31288|DIMENSIONAL ETF TR|22.98
20230331|25434V831|DUHP|20920|DIMENSIONAL ETF TR DIMENSIONAL|24.79
20230331|25434V609|DFAT|40110|DIMENSIONAL ETF TR U S TARGET |43.75
20230331|254067101|DDS|12781|DILLARD'S INC|298.36
20230331|25402D102|DOCN|47063|DIGITALOCEAN HLDGS INC COM (DE|36.80
20230331|25058X105|DM|139772|DESKTOP METAL INC COM (DE)|2.25
20230331|24906P109|XRAY|21559|DENTSPLY SIRONA INC|38.56
20230331|236272100|DNMR|90600|DANIMER SCIENTIFIC, INC COM|3.08
20230331|23380Y107|DLICY|36521|DAI-ICHI LIFE HOLDINGS, INC. A|18.42
20230331|21240E105|VLRS|59517|CONTROLADORA VUELA COMPANIA DE|12.15
20230331|20459V113|CMPOW|104220|COMPOSECURE INC WT **EXP 08/15/2|1.24**
20230331|20440T300|CBD|29429|COMPANHIA BRASILEIRA DE DISTRI|2.99
20230331|20440W105|SID|115689|COMPANHIA SIDERURGICA NACIONAL|3.08
20230331|204409601|CIG|84127|CEMIG-CO ENERGETICA NV PF NEW |2.25
20230331|200340107|CMA|46779|COMERICA INC|44.06
20230331|17878Y207|CVEO|67552|CIVEO CORP CDA COM (CANADA)|20.80
20230331|16934Q208|CIM|293053|CHIMERA INVESTMENT CORP COM NE|5.47
20230331|164651101|CHMI|186265|CHERRY HILL MTG INVT CORP COM |5.56
20230331|15135U109|CVE|78730|CENOVUS ENERGY INC COM STK|17.33
20230331|151290889|CX|37724|CEMEX, S.A.B. DE C.V. ADS (REP|5.42
20230331|146869102|CVNA|213639|CARVANA CO CL A|8.83
20230331|143658300|CCL|399349|CARNIVAL CORPORATION (PAIRED S|10.16
20230331|14020G101|CGGR|135134|CAPITAL GROUP GROWTH ETF SHS C|22.06
20230331|14020V108|CGUS|37104|CAPITAL GROUP CORE EQUITY ETF |23.45
20230331|14020W106|CGDV|108501|CAPITAL GROUP DIVID VALUE ETF |24.70
20230331|138035100|CGC|173328|CANOPY GROWTH CORP COM|1.76
20230331|136385101|CNQ|33192|CANADIAN NATURAL RESOURCES LTD|54.94
20230331|12803K109|CAIXY|42742|CAIXABANK UNSPONSORED ADR (SPA|1.27
20230331|12504G100|IGR|131765|CBRE GLOBAL REAL ESTATE INCOME|5.11
20230331|113004105|BAM|54744|BROOKFILED ASSET MGMT LTD CL A|32.03
20230331|11284V105|BEPC|25018|BROOKFIELD RENEWABLE CORP CL A|34.03
20230331|101507101|STEW|93302|SRH TOTAL RETURN FUND INC COM |12.17
20230331|09789C853|XTWO|24111|BONDBLOXX ETF TR 2 YR TARGET D|49.83
20230331|095229100|AVTA|49590|AVANTAX INC COM|25.74
20230331|09354A100|BLNK|110102|BLINK CHARGING CO COM|8.22
20230331|09263B108|BKSY|31999|BLACKSKY TECHNOLOGY INC COM CL|1.41
20230331|09257W100|BXMT|25285|BLACKSTONE MORTGATE TRUST INC |17.56
20230331|09228F103|BB|31847|BLACKBERRY LTD COM STK (CDA)|4.00
20230331|09075F107|BNGO|256980|BIONANO GENOMICS INC COM|1.06
20230331|08975B109|BBAI|137302|BIGBEAR AI HLDGS INC|1.98
20230331|08862E109|BYND|322355|BEYOND MEAT INC COM (DE)|15.89
20230331|07373V105|BEAM|19911|BEAM THERAPEUTICS INC COM (DE)|30.15
20230331|07317Q105|BTE|464610|BAYTEX ENERGY CORP (CDA)|3.77
20230331|071813109|BAX|1760892|BAXTER INTL INC;COM USD1|40.31
20230331|067901108|GOLD|184801|BARRICK GOLD CORP|18.60
20230331|06738E204|BCS|37652|BARCLAYS PLC ADS =4 ORDINARY U|7.09
20230331|06367V204|FNGD|71361|MICROSECTORS FANG+ INDEX -3X I|20.19
20230331|05759B107|BKKT|89081|BAKKT HLDGS INC COM CL A (DE) |1.64
20230331|058586108|BLDP|20666|BALLARD POWER SYS INC|5.37
20230331|05508R106|BGS|41500|B&G FOODS INC COM STK (DE)|15.31
20230331|05464C101|AXON|74054|AXON ENTERPRISE INC COM STK (D|217.70
20230331|05280R100|AUTL|62958|AUTOLUS THERAPEUTICS PLC SPONS|1.76
20230331|05105P107|AUGX|134309|AUGMEDIX INC|1.72
20230331|041242108|ARKO|24204|ARKO CORP|8.32
20230331|037833100|**AAPL|20172|APPLE INC;COM NPV|162.36**
20230331|03214Q108|AMPX|126913|AMPRIUS TECHNOLOGIES INC COM|8.60
20230331|02553E106|AEO|21742|AMERICAN EAGLE OUTFITTER INC C|13.17
20230331|025072885|AVUS|32157|AMERICAN CENTY ETF TR AVANTIS |69.83
20230331|025072505|TAXF|28813|AMERICAN CENTY ETF TR DIVERSIF|50.22
20230331|025072349|AVLV|55919|AMERICAN CENTY ETF TR AVANTIS |50.41
20230331|02451V101|ABML|149577|AMERICAN BATTERY TECHNOLOGY CO|0.98
20230331|02237A108|ALTI|82890|ALVARIUM TIEDEMANN HLDGS INC C|12.65
20230331|02079K107|**GOOG|89545|ALPHABET INC CAP STK CL C|101.32**
20230331|02072L680|STRV|22592|EA SER TR STRIVE 500 ETF|25.73
20230331|02072L607|FRDM|80574|EA SER TR FREEDOM 100 EMERGING|29.38
20230331|01609W102|BABA|46361|ALIBABA GROUP HLDG LTD SPONSOR|103.38
20230331|00827B106|AFRM|66448|AFFIRM HLDGS INC CL A|10.42
20230331|00835Q103|AEVA|51635|AEVA TECHNOLOGIES INC|1.12
20230331|007800105|AJRD|54100|AEROJET ROCKETDYNE HLDGS INC C|56.15
20230331|00788A105|ADN|64716|ADVENT TECHNOLOGIES HOLDINGS, |1.17
20230331|00770K202|AMTX|39843|AEMETIS INC NEW COM STK (DE)|2.15
20230331|003009107|FAX|28409|ABRDN ASIA-PACIFIC INCOME FUND|2.68
20230331|00215W100|ASX|23036|ASE TECHNOLOGY HLDG CO LTD SPO|7.94
20230331|00217D100|ASTS|71273|AST SPACEMOBILE INC CL A (DE) |6.42
20230331|00214Q302|ARKG|44644|ARK GENOMIC REVOLUTION ETF (DE|28.66
20230331|00165C104| 🍿 |4105118| 🍿 |4.97
20230331|001055102|AFL|34707|AFLAC INC|64.29
20230331|Y8900D108|TORO|160087|TORO CORP COM|2.37
20230331|Y2294C107|NETI|20000|ENETI INC SHS (MHL)|9.23
20230331|Y0207T100|ASC|36619|ARDMORE SHIPPING CORP COM MARS|14.73
20230331|Q9225T108|DCFC|31204|TRITIUM DCFC LTD ORD SHS (AUS)|1.19
20230331|M5425M103|INMD|92638|INMODE LTD SHS|31.52
20230331|M4793C102|GZTGF|44000|G CITY LTD ORDINARY SHARES|3.14
20230331|L4135L100|FREY|212359|FREYR BATTERY SHS (LUX)|8.92
20230331|H8817H100|RIG|181091|TRANSOCEAN LTD (SWITZERLAND)|6.45
20230331|H42097107|**UBS|882889|UBS GROUP AG ORD SHS (CHE)|20.51**
20230331|G9471C107|EVTL|43321|VERTICAL AEROSPACE LTD SHS|2.15
20230331|G88912103|TLSA|19580|TIZIANA LIFE SCIENCES LTD (BMU|1.05
20230331|G89229101|TMTCU|30866|TMT **ACQUISITION CORP** UNIT 1 SH|10.21
20230331|G8656T125|TLGYW|141|TLGY **ACQUISITION CORP** WT EXP (|0.09
20230331|G86656108|TOAC|1882|TALON 1 **ACQUISITION CORP** CL A |10.56
20230331|G86656116|TOACW|27|TALON 1 **ACQUISITION CORP** WT EX|0.07
20230331|G8807B106|TBPH|21954|THERAVANCE BIOPHARMA INC ORD S|10.73
20230331|G7997R103|STX|80768|SEAGATE TECH HLDS PLC ORDINARY|64.98
20230331|G65163100|JOBY|33094|JOBY AVIATION INC (CYM)|4.12
20230331|G4124C109|GRAB|1726978|GRAB HLDGS LTD CL A ORD (CYM) |2.85
20230331|G4000K100|GRRR|246088|GORILLA TECHNOLOGY GROUP INC O|11.79
20230331|G39462125|GMVD|172450|G MED INNOVATIONS HLDGS LTD SH|1.66
20230331|G27907107|DOLE|52732|DOLE PLC SHS (IRL)|11.72
20230331|G2007L204|CZOO|50886|CAZOO GROUP LTD CL A NEW (CYM)|2.29
20230331|G1466R173|BORR|11477|BORR DRILLING LTD SHS NEW DEC |7.71
20230331|D18190898|DB|20316|**DEUTSCHE BANK AG NAMEN AKT (DE|10.04**
# Companies that don't have a price listed.
20230331|92767Q102|VXIT|258982|VIREXIT TECHNOLOGIES INC COM|.
20230331|90350U100|USRM|22596|U S STEM CELL INC COM STK|.
20230331|89388L108|TLSS|153235|TRANSPORTATION & LOG|.
20230331|883378101|TSOI|216751|THERAPEUTIC SOLUTIONS INTL INC|.
20230331|85219Y103|SPYR|75000|SPYR INC|.
20230331|819534207|SEII|10000|SHARING ECONOMY INTL INC|.
20230331|782074108|RSHN|25485|RUSHNET INC|.
20230331|74346N404|PPCB|188505|PROPANC BIOPHARMA INC COM PAR |.
20230331|731916144|PLMRT|444613|POLYMET MNG CORP RT \*\*EXP 03/10/\*\*|.
20230331|71678B107|PQEFF|1000000|PETROTEQ ENERGY INC (CANADA)|.
20230331|71377B101|PDPG|44476|PERFORMANCE DRINK GR|.
20230331|695042200|PACV|257800|PACIFIC VENTURES GROUP INC|.
20230331|650194103|NBEVQ|465699|NEWAGE INC. COM|.
20230331|513665109|LLLI|102707|LAPMERD LESS LETHAL INC|.
20230331|45781P104|INND|390614|INNERSCOPE HEARING TECHNOLOGIE|.
20230331|361548308|GTCH|189905|GBT TECHNOLOGIES INC|.
20230331|36116Y100|FFRMF|23330|FUTURE FRAM TECHNOLO (CANADA) |.
20230331|278736202|EBML|89480|EBULLION INC COM NEW (DE)|.
20230331|04316D201|AITX|401515|ARTIFICIAL INTELLIGENCE|.
20230331|02146M201|ALYI|148468|Alternet Systems, Inc. New Com|.
20230331|008505208|AGFAF|122302|AGRA VENTURES LTD COM NEW(CANA|.
20230331|Q9762L104|WMWWF|2385171|WEST WITS MINING LTD, ARMADALE|.
20230331|M8790Y108|TOMDF|222064|TODOS MED LTD (ISRAEL)|.
# Dollar store
20230331|98980M109|ZOM|53111|ZOMEDICA CORP COM (CANADA)|0.21
20230331|98973P101|TCRT|24945|ALAUNOS THERAPEUTICS, INC. COM|0.66
20230331|985844109|YNVYF|13500|YNVISIBLE INTERACTIV (CANADA) |0.06
20230331|98419D100|XTPT|147236|XTRA ENERGY CORP. COMMON STOCK|0.09
20230331|96812Y101|WLDPF|218165|WILDPACK BEVERAGE INC|0.20
20230331|96773L106|QIND|26657|QUALITY INDUSTRIAL CORP. COMMO|0.57
20230331|96328L106|UP|44439|WHEELS UP EXPERIENCE INC CL A |0.65
20230331|96209A104|WE|982236|WEWORK INC CL A (DE)|0.77
20230331|95716A102|WEGYF|27316|WESTBRIDGE RENEWABLE ENERGY CO|0.64
20230331|946885209|WMLLF|73001|WEALTH MINERALS LTD. ORDINARY |0.29
20230331|92919V405|VYGV**Q**|135709|VOYAGER DIGITAL LTD COM & VAR |0.02
20230331|92918V109|VRM|32499|VROOM INC COM|0.90
20230331|92840H202|VTGN|74646|VISTAGEN THERAPEUTICS, INC. CO|0.14
20230331|91822J103|VBIV|18433|VBI VACCINES, INC. NEW COMMON |0.31
20230331|89853L203|TTOO|69123|T2 BIOSYSTEMS INC|0.46
20230331|888705100|TIVC|166826|TIVIC HEALTH SYS INC COM|0.17
20230331|887133205|TLRS|42578|TIMBERLINE RES COR COM NEW (DE|0.10
20230331|87270T106|GRAMF|140900|TPCO HLDG CORP (CANADA)|0.15
20230331|87261Y106|TMC|82384|TMC THE METALS CO INC COM (CAN|0.77
20230331|84841L308|ANY|15744|SPHERE 3D CORP NEW COM SHS (CD|0.34
20230331|83417R103|SIRC|51009|SOLAR INTEGRATED ROOFING CORP |0.02
20230331|83192H106|SDC|30225|SMILEDIRECTCLUB INC CL A|0.38
20230331|83013Q509|SYTA|280456|SIYATA MOBILE INC (CANADA)|0.19
20230331|81727U105|SENS|54728|SENSEONICS HLDGS INC (DE)|0.68
20230331|78466B108|SQIDF|51129|SQI DIAGNOSTICS INC ORDINARY S|0.05
20230331|78112J109|RBT|99016|RUBICON TECHNOLOGIES INC COM C|0.71
20230331|75381M102|REEMF|89150|RARE ELEMENT RES LTD|0.27
20230331|74738B109|QCCUF|61462|QC COPPER & GOLD INC (CANADA) |0.10
20230331|74739G107|QUEXF|28858|Q2 METALS CORP COM (CYM)|0.52
20230331|74374D104|PVGDF|42000|PROVENANCE GOLD CORP (CANADA) |0.09
20230331|722524105|PIFYF|24000|PINE CLIFF ENERGY LIMITED|0.94
20230331|71676G108|PSUD|20000|PETROSUN INC COMMON STOCK|0.08
20230331|716473103|POFCY|20281|PETROFAC LTD LONDON UNSPON ADR|0.51
20230331|702149105|PRTY**Q**|31706|PARTY CITY HOLDCO INC COM STK |0.07
20230331|68235J201|ONPH|31309|ONCOLOGY PHARMA INC COM NEW|0.17
20230331|682043104|OMGGF|12137|OMAI GOLD MINES CORP COM (CANA|0.04
20230331|67623L109|OPAD|41159|OFFERPAD SOLUTIONS INC CL A (D|0.48
20230331|67021W202|W202SPINOFF|123276|NUBURU INC PFD SER A UL/JMC SP|0.01
20230331|65345C100|NEXCF|19061|NEXTECH AR SOLUTIONS CORP NEW |0.53
20230331|64081V117|NRDYWS|118074|NERDY INC WT EXP 08/16/26 (DE)|0.62
20230331|64049K104|NLTX|26147|NEOLEUKIN THERAPEUTICS INC COM|0.70
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20230331|54405Q100|RIDE|234984|LORDSTOWN MTRS CORP COM CL A (|0.64
20230331|53960E106|LOCL|134275|LOCAL BOUNTI CORP COM (DE)|0.65
20230331|53946V206|LOBEF|17996|LOBE SCIENCES LTD COM NEW (CAN|0.03
20230331|53261M104|EGIO|30885|EDGIO, INC. COMMON STOCK|0.75
20230331|524528106|LTES|25000|LEET TECHNOLOGY INC COM (DE)|0.07
20230331|50545P309|LURAF|40997|LABRADOR URANIUM INC|0.23
20230331|47010C706|JAGX|57920|JAGUAR HEALTH INC COM **PAR $0.0|0.70**
20230331|463773101|IRVRF|24781|IRVING RES INC COM (CAN)|0.99
20230331|45773H201|INO|15251|INOVIO PHARMACEUTICALS, INC. N|0.79
20230331|45107V306|ICNB|279560|ICONIC BRANDS INC COM PAR $0.0|0.06
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20230331|45074T102|ITHUF|167296|IANTHUS CAP HLDGS INC COM (CAN|0.02
20230331|44951Y102|HYZN|394697|HYZON MTRS INC CL A (DE)|0.80
20230331|42710L106|BADEF|42567|HERCULES SILVER CORP COM (CANA|0.19
20230331|42371L106|HPCO|31255|HEMPACCO CO INC COM(NV)|0.63
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20230331|Q97683207|WRMCF|432843|WHITE ROCK MINERALS (AUSTRALIA|0.06
20230331|Q53517126|KNEOF|3174312|KNEOMEDIA LTD SHS FULLY PAID|0.02
20230331|Q1521J108|BNOEF|59049|BIONOMICS LIMITED ORDINARY SHA|0.01
20230331|Q29985118|COPHF|70051|CRESO PHARMA LTD SHS (AUS)|0.02
20230331|M7571L103|OTMO|202398|OTONOMO TECHNOLOGIES LTD SHS (|0.50
20230331|M47364100|GMDA|287796|GAMIDA CELL LTD (ISR)|0.77
20230331|G86659102|TLOFF|1230|TALON METALS CORP (VIRGIN ISLA|0.29
20230331|G8675V119|TAOP|1365|TAPPING INC, BVI ORDINARY SHAR|0.65
20230331|G72007100|PBTS|2081013|POWERBRIDGE TECHNOLOGIES CO LT|0.10
20230331|G1466B202|BRQS|62503|BORQS TECHNOLOGIES INC SHS NEW|0.26
**20230331|68989M103|OUST|371524|OUSTER INC CLASS A (DE)|0.81**
**20230331|68989M111|OUSTWS|2713|OUSTER INC WT EXP 03/11/26|0.11**
| 95 |
waitingonawait
| 1,682,618,507 |
aflac
|
Superstonk
|
https://www.reddit.com/r/Superstonk/comments/1310eto/ftds_again/
|
1klu1v7
|
ms6ic3r
|
OMG something new and exciting....wait....it's not like we didn't see Airbnb experiences get paused in 2023 b/c it sucked and no one wanted/liked it....ended up being a giant money pit.
| 6 |
chopsui101
| 1,747,178,995 |
Airbnb Revamps App With Luxury Services, Curated Tours in Push Beyond Stays
|
https://www.bloomberg.com/news/articles/2025-05-13/airbnb-revamps-app-with-luxury-services-offering-redesigned-experiences
> After more than a year of teasing expansion plans beyond home rentals, Airbnb Inc. launched an overhauled app that’s not just for homeowners and travelers, but also for personal chefs, hair stylists, trainers and tour operators to offer their services widely.
> The company, whose name has become synonymous with vacation stays, revealed its new Services offering and relaunched its Experiences tour-booking product at an event in Los Angeles on Tuesday. It’s vetted providers to offer 10 categories of in-home services, including personally cooked meals, prepared food items, full-service catering, photography, spa treatments, massages, personal training, hair, makeup and nail appointments. The services can be reserved anytime even without a vacation booked, and many of them include “an entry offering below $50,” Airbnb said.
| 13 |
joe4942
| 1,747,162,256 |
airbnb
|
stocks
|
https://www.reddit.com/r/stocks/comments/1klu1v7/airbnb_revamps_app_with_luxury_services_curated/
|
mamqll
|
grt0ea5
|
Did Cathie lick her finger and hold it in the air prior to that prediction? Feels like a dubiously round number way too far out for anyone to remember later. Is this just a sad attempt at market manipulation? I like ARK (particularly F) but come on...
| 5 |
cajone5
| 1,616,417,519 |
(3/22) Monday's Pre-Market Stock Movers & News
|
#Good Monday morning traders and investors of the r/stocks sub! Welcome to the new trading week! Here are your pre-market stock movers & news on this Monday, March 22nd, 2021-
*****
# [5 things to know before the stock market opens Monday](https://www.cnbc.com/2021/03/22/5-things-to-know-before-the-stock-market-opens-monday-march-22.html)
*****
> # 1. Nasdaq futures rise as 10-year Treasury yield retreats
> * The Nasdaq on Monday was set to build on Friday’s nearly 0.8% increase as the 10-year Treasury yield started the new week retreating from last week’s 14-month high. The rapid rise in Treasury yields this year have been pressuring growth stocks, many of them tech names, tech stocks as higher interest rates erode the value of future profits and squeeze market valuations. The Dow Jones Industrial Average and the S&P 500, which lost ground Friday, joined the Nasdaq in negative territory for the week. The Dow and S&P 500 last closed at record highs Wednesday, while the Nasdaq last closed at a record in February.
*****
> # 2. AstraZeneca vaccine found to be 79% effective in U.S. trial
> * AstraZeneca’s Covid vaccine was 79% effective in preventing symptomatic illness, according to data published Monday from a 32,000-plus person Phase 3 trial in the U.S. The two-shot vaccine also showed a 100% efficacy in preventing severe disease and hospitalization. AstraZeneca plans to file with the FDA for emergency use authorization in April. The U.S. trial data comes as a number of European nations temporarily suspended the use of AstraZeneca’s vaccine following reports of blood clots. AstraZeneca said in a release Monday that an independent board identified no safety concerns related to its inoculation.
*****
> # 3. Covid cases are rising in 21 states as governors relax restrictions
> * Even as the pace of vaccinations accelerates in the U.S., Covid cases are increasing in 21 states and highly infectious variants are spreading as governors relax restrictions on businesses. Public health officials warn that while roughly 2.5 million people around the country are receiving shots every day, infection levels have plateaued this month. Nationwide, new infections are holding around 54,000 on average in the past seven days. That’s a dramatic drop from January’s peak. While deaths are much lower as well, an average of 1,000 people were still dying from Covid each day over the past seven days.
*****
> # 4. Canadian Pacific Railway to buy Kansas City Southern
> * Canadian Pacific Railway has agreed to buy Kansas City Southern for $25 billion in a cash-and-stock deal. The combination would create the first rail network connecting the U.S., Mexico, and Canada. Following Sunday’s announcement, shares of Kansas City Southern rose about 17% in the premarket, while shares of Canadian Pacific Railway dropped about 2.5%. The deal comes as hopes that U.S.-Mexico trade will pick up now that Joe Biden replaced Donald Trump as U.S. president.
*****
> # 5. Cathie Wood’s Ark Invest sees Tesla reaching $3,000 per share by 2025
> * Shares of Tesla rose 4% in Monday’s premarket after Cathie Wood’s Ark Invest made a long-awaited, bold call, projecting the Elon Musk-led electric auto maker would more than quadruple by 2025. Last year, Ark Invest estimated Tesla would hit $1,400 adjusted for its five-for-one stock split by 2024. The firm now sees the stock reaching $3,000 per share by 2025 in its base case, and reaching $4,000 per share in its bull case. Wood’s bear case still sees hit hitting $1,500 by 2025. Tesla, which closed at $654 per share Friday, soared 665% in the past 12 months. However, the stock over the past month and year-to-date hit a rough patch.
*****
#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://i.imgur.com/FAhhnsR.png)**)
*****
#LAST WEEK'S MARKET MAP:
######(**[CLICK HERE FOR LAST WEEK'S MARKET MAP!](https://i.imgur.com/eOqQczA.png)**)
*****
#TODAY'S MARKET MAP:
######(**[CLICK HERE FOR TODAY'S MARKET MAP!](https://finviz.com/map.ashx)**)
*****
#LAST WEEK'S S&P SECTORS:
######(**[CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!](https://i.imgur.com/31ruvBl.png)**)
*****
#TODAY'S S&P SECTORS:
######(**[CLICK HERE FOR TODAY'S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)
*****
#TODAY'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!](https://i.imgur.com/Z5G2sdr.png)**)
*****
#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/WXJX7nC.png)**)
*****
#THIS WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!](https://i.imgur.com/umsy3ce.png)**)
*****
#THIS WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!](https://i.imgur.com/FHEFTGO.png)**)
*****
#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]()**)
(N/A.)
*****
#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!](https://i.imgur.com/2bvZNr0.png)**)
*****
#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!](https://i.imgur.com/KSdlS4U.png)**)
*****
#FRIDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/Al5OSb6.png)**)
######(**[CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/Pll3tyz.png)**)
*****
#FRIDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/25Lig9s.png)**)
*****
#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!](https://i.imgur.com/VyMbauh.png)**)
*****
#THIS MORNING'S STOCK NEWS MOVERS:
######(**source: [cnbc.com](https://www.cnbc.com/2021/03/22/stocks-making-the-biggest-moves-in-the-premarket-astrazeneca-kansas-city-southern-tesla-more.html)**)
*****
> **AstraZeneca (AZN)** – The drugmaker said a U.S. study showed its Covid-19 vaccine had 79% efficacy in preventing symptomatic illness, 100% effectiveness against critical disease and hospitalization, and did not pose a higher risk of blood clots. AstraZeneca shares gained 2.2% in premarket trading.
> #**STOCK SYMBOL:** AZN
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=AZN&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/AZN)**)
*****
> **Blackstone (BX)** – Blackstone proposed a $6.2 billion buyout of Australian casino operator Crown Resorts. The stock rose above the offer price in Australian trading, signaling investor bets that a higher bid could come from another suitor.
> #**STOCK SYMBOL:** BX
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BX&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/BX)**)
*****
> **Kansas City Southern (KSU)** – The railroad operator agreed to be bought by Canadian Pacific Railway (CP) in a $25 billion cash-and-stock deal. The transaction is worth $275 per share, compared to Kansas City Southern’s Friday closing price of $224.16. Kansas City Southern surged 17.8% in premarket action, while Canadian Pacific slid 2.8%.
> #**STOCK SYMBOL:** KSU
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=KSU&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/KSU)**)
*****
> **PepsiCo (PEP)** – The beverage and snack giant’s stock rose 1% in the premarket after Barclays upgraded it to “overweight” from “equal weight.” Barclays noted recent underperformance by the stock and the potential for accelerating revenue and profit growth.
> #**STOCK SYMBOL:** PEP
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PEP&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/PEP)**)
*****
> **Stellantis (STLA)** – The automaker said a global semiconductor shortage would impact production of its popular pickup trucks, in a delay the parent of Chrysler and Jeep said could last “a number of weeks.”
> #**STOCK SYMBOL:** STLA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=STLA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/STLA)**)
*****
> **Royal Caribbean (RCL)** – Royal Caribbean will restart some Caribbean cruises in June, following a year-long suspension amid the Covid-19 pandemic. Crews will be fully vaccinated, and adult guests will be required to be vaccinated as well. Children under 18 will need to show proof of a negative Covid test.
> #**STOCK SYMBOL:** RCL
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=RCL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/RCL)**)
*****
> **Tesla (TSLA)** – Tesla shares will hit $3,000 in 2025, according to a projection by ARK Invest founder Cathie Wood. If that prediction pans out, Tesla would be worth roughly $3.6 trillion. The stock jumped 3.6% in premarket trading.
> #**STOCK SYMBOL:** TSLA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TSLA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TSLA)**)
*****
> **Airbnb (ABNB)** – Airbnb shares rose 1.5% in premarket trading as more Americans receive Covid-19 vaccines and resume their travel plans.
> #**STOCK SYMBOL:** ABNB
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ABNB&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/ABNB)**)
*****
> **SunRun (RUN)** – The solar power company was rated “positive” in new coverage at Susquehanna Financial, with the firm saying the largest U.S. installer of residential solar power systems would benefit from anticipated strong growth in that market. Shares rose 1.9% in premarket trading.
> #**STOCK SYMBOL:** RUN
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=RUN&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/RUN)**)
*****
> **Zoominfo Technologies (ZI)** – Goldman Sachs rated the digital ad technology platform provider as a “buy” in new coverage, noting the robust data provided to sales reps and the streamlining of the lead generation process. Zoominfo stock gained 2.5% in premarket action.
> #**STOCK SYMBOL:** ZI
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ZI&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/ZI)**)
*****
> **JetBlue (JBLU)** – The airline is planning to raise $650 million through the sale of convertible senior notes due in 2026. The stock fell 2% in premarket action.
> #**STOCK SYMBOL:** JBLU
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=JBLU&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/JBLU)**)
*****
> **DraftKings (DKNG)** – The sports betting company’s stock rose 2.1% in the premarket after Loop Capital repeated its call for DraftKings as “top pick,” noting that New York is poised to legalize online gambling and that the state’s market will be less competitive for DraftKings than New Jersey.
> #**STOCK SYMBOL:** DKNG
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=DKNG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/DKNG)**)
*****
#**DISCUSS!**
What's on everyone's radar for today's trading day ahead here at r/stocks?
*****
# **I hope you all have an excellent trading day ahead today on this Monday, March 22nd, 2021! :)**
| 15 |
bigbear0083
| 1,616,417,262 |
airbnb
|
stocks
|
https://www.reddit.com/r/stocks/comments/mamqll/322_mondays_premarket_stock_movers_news/
|
5ycuvo
|
dep5exe
|
I'm certainly bullish about Expedia as well. Homeaway is an exciting asset - no doubt about it. Along with Expedia, one should examine Trivago $TRVG. Another online travel agency of sorts, who happens to be 62% owned by Expedia. Thus it stands to reason that if Expedia does well, so should Trivago.
| 5 |
Praetorian-Group
| 1,489,039,674 |
Expedia Stock Pitch
|
My take on Expedia...
Expedia Stock Pitch (EXPE – 3/1/2017) – $120.54
(All data recorded on the above date)
Buy Expedia!!!
Expedia is an online travel agency that allows customers to book hotel rooms, vacation rentals, air tickets, rental cars, cruises, and more. The company operates under many brands, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and HomeAway. When judged by total bookings Expedia is the largest online travel agency. As of the end of 2016 they have a 6.4% market share.
Value:
P/E (TTM) – 26.4
P/E (Fiscal Year Ending 12/31/17) – 21.9
PEG – 1.29
Discounted Free Cash Flow – $177
Expedia (EXPE) trades at 26.4 times trailing twelve-month earnings compared to 20.6 for the S&P500, an industry TTM average of 25.6. In addition, EXPE trades somewhat expensively relative to the company’s growth rate with a PEG ratio of 1.29, but is cheap when compared to future cash flow.
Growth and Future:
Next Fiscal Year EPS Growth – 20.5%
Projected 1-Year Revenue Growth – 14.1%
Projected 3-Year Revenue Growth – 43.4%
The travel agency industry is highly fragmented and Expedia is constantly taking market share. Being able to capture an increasing piece of the pie gives the company a great growth rate because they are less reliant on industry trends. Morningstar projects that their market share will be in the high single digits by the end of the decade giving way for some solid gains.
Additionally, Expedia recently sold their stake in eLong, a Chinese version of themselves, and instead formed a collaboration with CTrip. China is a rapidly growing market as there is a growing middle class that will have more disposal income for travel and leisure. Expedia is positioning themselves well to benefit from this market opportunity.
The most exciting development in my opinion is the recent acquisition of Homeaway. Homeaway is an online vacation rental service that allows users to rent full homes or condos. This is a rapidly growing market with players such as Airbnb and Homeway capturing on the opportunity. Here is an excerpt from their latest quarterly conference call “We are on track financially with $163 million of adjusted EBITDA in 2016 and a very aggressive investment plan in 2017, on our way to the $350 million EBITDA target in 2018.” The company is clearly going to invest in capturing this growing market. In addition, more than doubling earnings before interest, taxes, depreciation, and amortization (EBITDA) in only two years time is incredible.
Another major trend working in Expedia’s favor is the shift towards experiences, not material goods. This trend is especially prevalent in millennials and as their disposable income increases in coming years this should boost the overall travel industry.
Dividend:
Project Dividend/Yield – $1.12 / 0.94%
1-Year Dividend Growth – 16.67%
Past Performance:
ROE – 4.6%
Fair Value:
Giving the company a valuation more in line with its peers at 25.6 and using the consensus estimate of $5.82 for 2017 we arrive at Expedia’s fair value estimate. This implies a 12-month share price of $148.99 and upside of 23.6%.
Barron’s recently wrote positively on the stock saying there was 25% upside. They valued the company by using cash flows and giving them a 21 times 2017 estimate of $7.25 a share in free cash flow.
Lastly, Expedia is showing solid growth and should be consider a long-term play with much of its upside in significantly higher earnings and cash flows in the out years.
When To Sell:
Sell Expedia based on shifts in the competitive environment. Watch for large, well-capitalized companies, such as Google and Amazon to potentially enter the market and crush gross margins. Expedia has a relatively narrow economic moat based on their network of hotels and technology, however that moat can be crossed by a large player willing to spend heavily
If you are interested in more pitches check out /r/TheInvestmentClub
| 27 |
Gthom9
| 1,489,031,452 |
airbnb
|
StockMarket
|
https://www.reddit.com/r/StockMarket/comments/5ycuvo/expedia_stock_pitch/
|
y26dk0
|
is1aqwg
|
I bonds are the hotness these days, but 10K max if I read it right. Maybe there are loopholes/clever ways to get around it?
Brokered CD ladders is another way to avoid the market.
Otherwise, in your shoes, Id:
Live off savings while I loaded up 401K and IRA to max. HSA too if applicable.
Dump everything else into the market. My timline is 15 - 20 years (retire at 50-57), going back to 2020 prices is good enough for me.
I have a rental property, but I don't enjoy it. It takes time and energy and is added stress. I have a property manager now that takes a TON off the plate, but Im a lazy bum investor and it has served me well.
What are your goals and what does your annual savings look like?
| 6 |
PrisonMike2020
| 1,665,590,670 |
I have 50K available on top of my emergency funds and savings. Where should I look to invest?
|
I have a 30 year fixed mortgage with very low interest on my current place so doesn't make sense to pay off the mortgage. I have about 35 K in emergency funds and about 50 K in savings. No kids (but tryingfor one). Wife is in early 30s and I am late 30s almost 40. We both have decent jobs and bring in 250k pre taxes combined.
No debt other than mortgage. I had a decent stock portfolio up until 2021 but this year has been really bad for me. I had put in a bit of money in my portfolio early this year but had really bad results. I'll still DCA but not putting in all 50k of my hard earned money in stock market all at once.
I am thinking of buying a property either to rent out or to airbnb. What would you guys do in my position.
I feel like I should be better off financially by now but hey it is eat it is. Any advise would be greatly appreciated. Looking forward to hearing from the community.
| 10 |
gameon-manhattan
| 1,665,587,204 |
airbnb
|
FinancialPlanning
|
https://www.reddit.com/r/FinancialPlanning/comments/y26dk0/i_have_50k_available_on_top_of_my_emergency_funds/
|
n34qrk
|
gwnnvrb
|
Thanks for taking the time to all of this.
| 5 |
totes_a_biscuit
| 1,619,960,419 |
Wall Street Week Ahead for the trading week beginning May 3rd, 2021
|
Goooooood Sunday morning to all of you here on r/StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning May 3rd, 2021.
# **More earnings, April’s big jobs report and inflation worries could swing markets in the week ahead - [(Source)](https://www.cnbc.com/2021/04/30/more-earnings-aprils-big-jobs-report-and-inflation-worries-could-swing-markets-in-the-week-ahead.html)**
*****
> April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May.
*****
> Stocks notched solid gains in April, as REITs, consumer discretionary names and communications services companies outpaced the broader market, all more than 7% higher. However, April finished on a sour note, with stocks selling off on Friday.
*****
> “Since November, there’s been a 30% rally,” said Jimmy Chang, chief investment officer at Rockefeller Global Family Office. He noted that historically the November to April period is historically the strongest for stocks. “There’s the adage ‘sell in May, go away.’ It may be somewhat appropriate this year since we’ve done so well in the last six months.”
*****
> # Big jobs report
> April’s employment report is released Friday, and the market is expecting a big number.
*****
> Economists say payrolls in April could easily reach 1 million, after 916,000 jobs were added in March. Estimates range from about 700,000 to a forecast of 2.1 million from Jefferies economists.
*****
> According to Dow Jones, there is a consensus forecast of 978,000 among the economists it surveyed and the unemployment rate is expected to fall to 5.8% form 6%.
*****
> Fed speakers will also be important after Fed Chairman Jerome Powell said in the past week that the Fed is still looking for “substantial further progress” in its goals for the economy.
*****
> The chairman emphasized that the Fed is not close to tapering back its bond buying program, a surprise to some investors. Some bond market pros had expected the Fed to start discussing cutting back purchases at its June meeting and begin to reduce its $120 billion monthly bond buying by the end of the year or early next year.
*****
> “Next week is all about the jobs number, because as part of the Fed’s path to ‘substantial progress’ on their two roles, we’ll see how much further along that path they are next Friday” said Peter Boockvar, chief investment officer at Bleakley Advisory Group. The Fed’s mandate is to pursue full employment and a steady pace of Inflation, which it has targeted at 2%.
*****
> The Fed has expected a temporary period of high inflation which it expects to see subside later in the year though Boockvar and others say inflation could be hotter than the Fed expects. The core personal consumption expenditures price index jumped 0.36% in March, with the year-ago rate rising from 1.4% to 1.8%. It is expected to go even higher in April. Headline inflation in the consumer price index is expected to begin running at 3% or better when it is reported May 12.
*****
> Just days after Powell’s comments on tapering, Dallas Fed President Rob Kaplan Friday said the Fed should begin the discussion on paring back bond purchases because imbalances in financial markets and the economy is improving faster than expected.
*****
> The market’s focus on the Fed’s bond program makes the jobs report even more important. If the Fed starts to taper back those asset purchases, it would then signal it would be on the path toward raising interest rates. Most economists do not expect the Fed to raise interest rates before 2023.
*****
> “If this jobs number comes in super hot, it’s going to make people up their estimate on when the Fed might taper,” said Michael Schumacher, director rates at Wells Fargo.
*****
> Powell is among Fed speakers in the coming week, but he is not expected to provide any new views when he participates in a National Community Reinvestment Coalition conference Monday afternoon. Kaplan speaks Tuesday and Thursday, and New York Fed President John Williams and Cleveland Fed President Loretta Mester are also among Fed officials speaking in the coming week.
*****
> # Earnings soar
> So far, a record 87% of S&P 500 companies have beat earnings estimates, and earnings look to be growing by more than 46%, according to Refinitiv.
*****
> Credit Suisse Chief U.S. Equity Strategist Jonathan Golub upped his forecast Friday for the S&P 500 based on strong earnings. “We are raising our 2021 S&P 500 price target to 4600 from 4300, representing 9.2% upside from current levels, and 22.5% for the year,” he wrote.
*****
> Earnings are expected from a diverse group of companies, from General Motors to ViacomCBS. Pharma will be in the spotlight as vaccine makers Pfizer and Moderna both report. Draftkings and Beyond Meat are also on the schedule.
*****
> A host of travel related companies issue results, including Booking Holdings, Hilton Worldwide , Marriott Vacations, and Caesars Entertainment. Consumer brands, like Anheuser Busch Inbev and Estee Lauder also report, as do insurers including AIG, Allstate, and MetLife. (A calendar with some key earnings dates appears below.)
*****
> Chang said the market has discounted a lot of the positive news already.
*****
> “In spite of the really strong reports from the bellwether companies, you’re seeing some of the names starting to peter out a little bit,” said Chang. “I think it’s a sign that so much good news is discounted. I suspect the market is due for a breather. I think in the next couple of months, we’re likely to see sideways movement. There’s likely to be a pullback which will be healthy.”
*****
> The S&P 500 was up 5.2% in April, finishing Friday at 4,181. It is now up 11.2% for the year so far. The Dow rose 2.7% in April, to 33,874, and the Nasdaq gained 5.4% in April, ending Friday at 13,962.
*****
> Chang said he expects some of the “boring” blue chips that haven’t participated as much in the rally to do better. Some of those names can be found in pharma, he said.
*****
> Heading into the coming week, investors will be watching for words of wisdom from Warren Buffett at Berkshire Hathaway’s annual meeting Saturday.
*****
# **This past week saw the following moves in the S&P:**
###### **([CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!](https://i.imgur.com/9wZQvOO.png))**
# **S&P Sectors for this past week:**
###### **([CLICK HERE FOR THE S&P SECTORS FOR THE PAST WEEK!](https://i.imgur.com/kGnKjBS.png))**
# **Major Indices for this past week:**
###### **([CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!](https://i.imgur.com/xazpmUE.png))**
# **Major Futures Markets as of Friday's close:**
###### **([CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!](https://i.imgur.com/ceFPlXO.png))**
# **Economic Calendar for the Week Ahead:**
###### **([CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!](https://i.imgur.com/N8zkbCl.png))**
# **Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/EXJdhi8.png))**
# **S&P Sectors for the Past Week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/a3EftWo.png))**
# **Major Indices Pullback/Correction Levels as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/OA6dm0N.png))**
# **Major Indices Rally Levels as of Friday's close:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/0UOEq2t.png))**
# **Most Anticipated Earnings Releases for this week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/69XfINF.png))**
# **Here are the upcoming IPO's for this week:**
###### **([CLICK HERE FOR THE CHART!](https://i.imgur.com/hdAqJr1.png))**
# **Friday's Stock Analyst Upgrades & Downgrades:**
###### **([CLICK HERE FOR THE CHART LINK #1!](https://i.imgur.com/IEzICwV.png))**
###### **([CLICK HERE FOR THE CHART LINK #2!](https://i.imgur.com/9nsqXUH.png))**
*****
> # S&P 500 and DJIA Up Last 9 Post-Election Year Mays
> May officially marks the beginning of the “Worst Six Months” for the DJIA and S&P. To wit: “Sell in May and go away.” Our “Best Six Months Switching Strategy,” created in 1986, proves that there is merit to this old trader’s tale. A hypothetical $10,000 investment in the DJIA compounded to a gain of $960,943 for November-April in 70 years compared to just $1,656 for May-October. The same hypothetical $10,000 investment in the S&P 500 compounded to $788,997 for November-April in 70 years compared to a gain of just $10,145 for May-October.
> May has been a tricky month over the years, a well-deserved reputation following the May 6, 2010 “flash crash”. It used to be part of what we once called the “May/June disaster area.” From 1965 to 1984 the S&P 500 was down during May fifteen out of twenty times. Then from 1985 through 1997 May was the best month, gaining ground every single year (13 straight gains) on the S&P, up 3.3% on average with the DJIA falling once and two NASDAQ losses.
> In the years since 1997, May’s performance has been erratic; DJIA up twelve times in the past twenty-three years (four of the years had gains in excess of 4%). NASDAQ suffered five May losses in a row from 1998-2001, down – 11.9% in 2000, followed by thirteen sizable gains in excess of 2.5% and five losses, the worst of which was 8.3% in 2010.
> Post-election Year Mays rank near the top, registering average gains on DJIA and S&P 500 of 1.3% and 1.7% respectively. DJIA and S&P 500 have advanced in every post-election year May beginning in 1985. Russell 1000 has been up ten years straight in post-election year Mays.
> ###### **([CLICK HERE FOR THE CHART!](https://64.media.tumblr.com/4c1485a3ca7e34234ba1f7666450bc23/abec686095f47da5-c9/s400x600/90a50e5d1712125c12d3f5af1efad8228681daa0.jpg))**
*****
> # S&P 500 Up Over 10% First Four Months – Preceded Flat May to late-October
> As of yesterday’s close, S&P 500 was up 11.5% year-to-date. Provided these gains hold through the end of April, this year will be just the seventeenth time since 1950 that the S&P 500 has finished the first four months of the year with a gain exceeding 10%. The best January to April span occurred in 1975, up 27.3% (S&P 500 was in the early stages of a new bull market following the bear ending 10/3/1974 in which the S&P 500 declined 48.2%). The next best year was, 1987 (most will remember what happened later that year) and the most recent year was 2019 (a solid year from beginning to end).
> In the above chart we have plotted all 17 previous years in which the S&P 500 was up over 10% January through the end of April. Along side for comparison is “All Years,” “Post-Election Years,” and 2021 through yesterday. In the previous 17 years, gains tended to fizzle in early-May before gaining some additional ground from around mid-June to mid-July before once again stalling out till late September with more weakness lasting until late-October. On average, by late-October arrived, gains from the previous three months were given back and since the start of May S&P 500 gained around 2.5% on average. You don’t have to go away in May but considering the historically modest gains from early-May to late-October, it may not quite be worth sticking around.
> ###### **([CLICK HERE FOR THE CHART!](https://64.media.tumblr.com/ad49ec327ff1b942a31c993f0a0a82fe/79778de7b3df0abd-1c/s500x750/865ae39798a9e1d8450988b067a15e5a90a7c5bc.jpg))**
*****
> # Here Comes Sell In May
> “The sun was warm but the wind was chill. You know how it is with an April day. When the sun is out and the wind is still, you’re one month on in the middle of May.” American Poet Robert Frost
> One of the best known investment axioms is to “sell in May and go away.” This is largely because the six months from May through October have historically been some of the weakest months of the year for stocks. As you can see below, the next six months have tended to be on the weak side.
> ###### **([CLICK HERE FOR THE CHART!](https://i1.wp.com/lplresearch.com/wp-content/uploads/2021/04/blog-4.30.21.png?ssl=1))**
> As shown in the LPL Chart of the Day, the next six months have indeed been the worst six months of the year, up only 1.7% on average. To add insult to injury, we are leaving the six most bullish months of the year. In fact, the S&P 500 Index is set to gain close to 30% during these most bullish six months, one of the best six-month gains ever.
> ###### **([CLICK HERE FOR THE CHART!](https://i2.wp.com/lplresearch.com/wp-content/uploads/2021/04/blog-4.30.21-2.png?ssl=1))**
> “Stocks are up more than 87% from the March lows, suggesting a well-deserved pullback during these troublesome months is quite possible,” explained LPL Financial Chief Market Strategist Ryan Detrick. “But with an accommodative Fed, fiscal and monetary policy, along with an economy that is opening faster than nearly anyone expected, we’d use any weakness as an opportunity to add to positions.”
> Here’s the catch, isn’t there always a catch? Stocks have actually been higher during these worst months of the year eight of the past ten years.
> ###### **([CLICK HERE FOR THE CHART!](https://i1.wp.com/lplresearch.com/wp-content/uploads/2021/04/Blog-4.30.21-3.png?ssl=1))**
*****
> # U.S. Economy Jumps Out of the Gate in 2021
> In what was initially expected to be one of the slower quarters of the year, the U.S. economy jumped out of the gates in 2021, with gross domestic product (GDP) growing 6.4% quarter over quarter. A faster than expected vaccination program, nearly $3 trillion in fiscal stimulus—including direct payments to consumers—and faster than expected job growth helped fuel a surge in personal consumption—the largest portion of GDP.
> As shown in the LPL Chart of the Day, personal consumption grew 10.7% on an annualized basis in the first quarter, the second highest level since the 1960’s:
> ###### **([CLICK HERE FOR THE CHART!](https://i0.wp.com/lplresearch.com/wp-content/uploads/2021/04/4.29.21-Blog-Chart-1.png?ssl=1))**
> “The U.S. economy is off to a great start in 2021, and this should set the stage for solid growth in the remainder of the year as pent up demand continues to flow through the economy,” added LPL Financial Chief Investment Officer Burt White. “Many areas of the country are still facing restrictions on activity, so we don’t think growth will just be limited to the first quarter.”
> However, the growth story in the first quarter wasn’t solely about direct stimulus payments. While personal consumption has understandably gained a lot of attention, federal non-defense spending added the most to GDP in nearly 60 years, a segment of the economy unaffected by transfer payments like stimulus checks.
> Digging into the numbers even further, spending on services grew a modest 4.6%, which should accelerate in the second and third quarters as remaining restrictions are lifted in response to falling cases and rising vaccinations. As of April 28, the US is averaging around 2.5-3 million vaccines administered per day, which has helped over half the adult population receive at least one dose of the vaccine, while nearly 40% of adults are fully vaccinated, according to the Center for Disease Control and Prevention.
> The U.S. vaccination program has helped pull the economy forward, but net trade was a modest drag on growth in the first quarter, where domestic growth pulled in imports at a faster pace than the recovery outside of the U.S. lifted exports. As the rest of the world gets better control of COVID-19, rebounding economic growth overseas should provide an additional tailwind for U.S. economy.
> We upgraded our forecast for U.S. GDP in our recent Weekly Market Commentary from 5–5.5% to 6.25–6.75%, and we expect to see the economy continue its pace in the second quarter as restrictions are lifted and activity normalizes.
*****
> # Where Do President Biden’s First 100 Days Stack Up Versus President Trump?
> President Biden’s 100th day in office is tomorrow, on April 29. Hard to believe it has been 100 days already, but overall the economy continues to improve and stocks have done very well under our new President.
> We’ve heard the question many times: Where does the Biden rally rank? That is what we will look at today. The term “hundred days” was first used on July 24, 1933, on the radio by President Franklin D. Roosevelt (FDR). He was discussing the 100-day session of the 73rd U.S. Congress, but over time this term has changed to refer to the first 100 days of a new president.
> Per Ryan Detrick, Chief Market Strategist, “President Biden has been quite kind for stocks, with the Dow up nearly 10%, which is on pace for the best first 100 days in office since FDR in the early 1930s. Then toss in the cherry on top that stocks had one of their greatest rallies ever from Election Day until the inauguration and it is clear that although maybe everyone might not like President Biden, but the stock market doesn’t have many issues with him.”
> As shown in the LPL Chart of the Day, the Dow has averaged 4.3% the first 100 days of a new President, while it has been higher the first 100 days in office for five of the past six Presidents. In fact, President Biden’s return currently ranks as the third best since 1900, with only Taft and Roosevelt better. Lastly, breaking it down by political party and the first 100 days under a Democratic President was much stronger, up 10.3% on average versus down 0.2% for a Republican President.
> ###### **([CLICK HERE FOR THE CHART!](https://i1.wp.com/lplresearch.com/wp-content/uploads/2021/04/4.28-Blog-Chart-1.png?ssl=1))**
> Here’s a chart we shared earlier this year that shows that stocks did amazingly well from Election Day until the inauguration under President Biden.
> ###### **([CLICK HERE FOR THE CHART!](https://i1.wp.com/lplresearch.com/wp-content/uploads/2021/04/4.28-Blog-CHart-2.png?ssl=1))**
> What can we glean from those first 100 days? Is there any pattern that might suggest how stocks will do during the rest of the time President Biden is in office? You can look for yourself below, but there doesn’t appear to be any clue as to what might happen. President Eisenhower had a weak first 100 days, then a big rally over the remainder of his time in office. Conversely, President Taft saw a big rally during the first 100 days, only to have negative returns for the remainder of his time in office. In the end, fundamentals, valuations, and technicals drive long-term equity returns. The good news is only once since the Great Depression did that mean lower returns for the remainder of time in office after the first 100 days.
> ###### **([CLICK HERE FOR THE CHART!](https://i1.wp.com/lplresearch.com/wp-content/uploads/2021/04/4.28.-Blog-Chart-3.png?ssl=1))**
*****
> # Wild Data Close To Q1
> Today was quite the day for economic data, with two key releases from the Bureau of Economic Analysis (BEA) and Bureau of Labor Statistics (BLS). We'll start with BEA data on personal income and spending in March.
> First, as shown below, the savings rate surged in the month, with households saving 27.6% of personal income net of taxes. That's a huge number, even by the standards of the elevated savings rates that we've seen over the course of the pandemic.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2021/04/Eco-Review-1.png))**
> The reason there was so much saving going on is that transfer payments rose by more than $300bn on the month, driven by the delivery of economic impact payments also known as "stimulus checks" or even shorter: "stimmies."
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2021/04/Eco-Review-2.png))**
> Incomes also rose thanks to rebounding labor market activity following winter storms in Texas during February and the longer-term trend of reopening across the economy. As shown, the 13.5% annualized growth of wage and salary income in the month was very strong. It was also helped along by wage growth, which we will discuss later on.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2021/04/Eco-Review-3.png))**
> With spending surging thanks to stimulus checks and other factors, core personal consumption expenditure prices surged by the most MoM since 2009, over 4% annualized. The 4% move was in no small part due to the swing in activity from February to March, and isn't likely to be sustained, but it is a helpful indicator that prices may be more robust in this recovery than they were during the low inflation post-GFC period.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2021/04/Eco-Review-4.png))**
> For broad inflation that will concern the Fed, one factor that will be needed along with steadily rising prices is strong wage growth. The second big report today was Q1 wages in the BLS Employment Cost Index (ECI). The ECI does a better job of measuring wage growth than other series because it accounts for changes in the composition of employment over time. As shown in the chart below, Q3 saw the strongest sequential wage growth on record, with a 4.6% annualized advance in wages versus Q4. Some of that came from incentive-paid occupations, which benefit from bonuses and related payments, skewing the results. As shown in the chart, though, there was very strong wage growth even excluding incentive-paid occupations. Anecdotal reports of very tight labor markets amidst booming reopening demand got support from this release.
> ###### **([CLICK HERE FOR THE CHART!](https://media.bespokepremium.com/uploads/2021/04/Eco-Review-5.png))**
*****
# **STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending April 30th, 2021**
###### **([CLICK HERE FOR THE YOUTUBE VIDEO!](https://www.youtube.com/watch?v=YIjA8Px0K-o))**
# **STOCK MARKET VIDEO: ShadowTrader Video Weekly 5.2.21**
###### **([CLICK HERE FOR THE YOUTUBE VIDEO!](https://www.youtube.com/watch?v=5aQ1EZJdcmc))**
*****
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
*****
> * **$PYPL**
> * **$PFE**
> * **$SQ**
> * **$ROKU**
> * **$PTON**
> * **$GM**
> * **$DKNG**
> * **$MRNA**
> * **$CVS**
> * **$CRSR**
> * **$RKT**
> * **$SKLZ**
> * **$ON**
> * **$VIAC**
> * **$ETSY**
> * **$PENN**
> * **$UBER**
> * **$EL**
> * **$EPD**
> * **$TWLO**
> * **$ATVI**
> * **$TMUS**
> * **$FSLY**
> * **$MRO**
> * **$GOLD**
> * **$VSTO**
> * **$SPWR**
> * **$AMC**
> * **$AYX**
> * **$SPCE**
> * **$FVRR**
> * **$LPX**
> * **$CHGG**
> * **$NET**
> * **$REGN**
> * **$BYND**
> * **$UAA**
> * **$QRVO**
> * **$CRNT**
> * **$COP**
> * **$RUN**
*****
###### **([CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!](https://i.imgur.com/69XfINF.png))**
###### **([CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!](https://i.imgur.com/q8ttO0Q.png))**
###### **([CLICK HERE FOR THE MOST ANTICIPATED EARNINGS RELEASES BEFORE MONDAY'S MARKET OPEN!](https://i.imgur.com/Cw16yIb.jpg))**
*****
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
*****
> # ***Monday 5.3.21 Before Market Open:***
> ###### ([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/v8kmVGx.png))
> # ***Monday 5.3.21 After Market Close:***
> ###### ([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/hXbwVoT.png))
> ###### ([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/MSpPJX5.png))
*****
> # ***Tuesday 5.4.21 Before Market Open:***
> ###### ([CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/csOk29j.png))
> ###### ([CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/VOLTHRL.png))
> # ***Tuesday 5.4.21 After Market Close:***
> ###### ([CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/vXbWhxj.png))
> ###### ([CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/n10pbk1.png))
> ###### ([CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!](https://i.imgur.com/L7Tio9q.png))
*****
> # ***Wednesday 5.5.21 Before Market Open:***
> ###### ([CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/tZp18bh.png))
> ###### ([CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/VAb5IZP.png))
> # ***Wednesday 5.5.21 After Market Close:***
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/qWOy1MS.png))
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/i639aMD.png))
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!](https://i.imgur.com/R6E6kIe.png))
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!](https://i.imgur.com/IuChwA4.png))
> ###### ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #5!](https://i.imgur.com/ZoeCAia.png))
*****
> # ***Thursday 5.6.21 Before Market Open:***
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/Owhwluw.png))
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/Zpj9IT6.png))
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!](https://i.imgur.com/4x3k7VV.png))
> ###### ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #4!](https://i.imgur.com/yaQQyPj.png))
> # ***Thursday 5.6.21 After Market Close:***
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/CCjlFuJ.png))
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/wD938Go.png))
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!](https://i.imgur.com/Q02MjIQ.png))
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!](https://i.imgur.com/7DNMNyC.png))
> ###### ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #5!](https://i.imgur.com/JIoMRkm.png))
*****
> # ***Friday 5.7.21 Before Market Open:***
> ###### ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!](https://i.imgur.com/v6lNwIt.png))
> ###### ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!](https://i.imgur.com/1cL8gOj.png))
*****
> # ***Friday 5.7.21 After Market Close:***
> ###### ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!](https://i.imgur.com/QKX04L5.png))
*****
# DISCUSS!
What are you all watching for in this upcoming trading week?
*****
> # PayPal $262.29
**PayPal (PYPL)** is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 5, 2021. The consensus earnings estimate is $1.01 per share on revenue of $5.90 billion and the Earnings Whisper ® number is $1.11 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of approximately $0.99 per share. Consensus estimates are for year-over-year earnings growth of 60.32% with revenue increasing by 27.76%. Short interest has increased by 9.6% since the company's last earnings release while the stock has drifted lower by 1.1% from its open following the earnings release to be 18.4% above its 200 day moving average of $221.46. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, April 12, 2021 there was some notable buying of 18,731 contracts of the $270.00 call and 18,431 contracts of the $270.00 put expiring on Friday, June 18, 2021. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 6.5% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=PYPL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Pfizer, Inc. $38.65
**Pfizer, Inc. (PFE)** is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $0.79 per share on revenue of $13.64 billion and the Earnings Whisper ® number is $0.85 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.25% with revenue increasing by 13.40%. Short interest has decreased by 7.0% since the company's last earnings release while the stock has drifted higher by 8.1% from its open following the earnings release to be 4.8% above its 200 day moving average of $36.88. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, April 26, 2021 there was some notable buying of 21,839 contracts of the $40.00 call expiring on Friday, July 16, 2021. Option traders are pricing in a 4.0% move on earnings and the stock has averaged a 2.7% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=PFE&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Square, Inc. $244.82
**Square, Inc. (SQ)** is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 6, 2021. The consensus earnings estimate is $0.17 per share on revenue of $3.31 billion and the Earnings Whisper ® number is $0.23 per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 950.00% with revenue increasing by 139.66%. Short interest has increased by 13.1% since the company's last earnings release while the stock has drifted higher by 0.7% from its open following the earnings release to be 23.5% above its 200 day moving average of $198.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, April 26, 2021 there was some notable buying of 3,357 contracts of the $250.00 put expiring on Friday, June 18, 2021. Option traders are pricing in a 8.3% move on earnings and the stock has averaged a 7.6% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=SQ&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Roku Inc $342.97
**Roku Inc (ROKU)** is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 6, 2021. The consensus estimate is for a loss of $0.15 per share on revenue of $490.56 million and the Earnings Whisper ® number is $0.04 per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for revenue of $478.00 million to $493.00 million. Consensus estimates are for year-over-year earnings growth of 66.67% with revenue increasing by 52.93%. The stock has drifted lower by 25.8% from its open following the earnings release to be 20.4% above its 200 day moving average of $284.80. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, April 29, 2021 there was some notable buying of 1,875 contracts of the $400.00 call expiring on Friday, May 7, 2021. Option traders are pricing in a 10.2% move on earnings and the stock has averaged a 8.8% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=ROKU&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Peloton Interactive $98.35
**Peloton Interactive (PTON)** is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 6, 2021. The consensus estimate is for a loss of $0.11 per share on revenue of $1.11 billion and the Earnings Whisper ® number is ($0.03) per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 45.00% with revenue increasing by 111.59%. Short interest has increased by 41.3% since the company's last earnings release while the stock has drifted lower by 34.0% from its open following the earnings release to be 11.3% below its 200 day moving average of $110.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 16, 2021 there was some notable buying of 4,629 contracts of the $145.00 call expiring on Friday, June 18, 2021. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 7.7% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=PTON&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # General Motors Corp. $57.22
**General Motors Corp. (GM)** is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, May 5, 2021. The consensus earnings estimate is $1.01 per share on revenue of $32.67 billion and the Earnings Whisper ® number is $1.35 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 62.90% with revenue decreasing by 0.12%. Short interest has increased by 11.7% since the company's last earnings release while the stock has drifted higher by 2.9% from its open following the earnings release to be 35.2% above its 200 day moving average of $42.33. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, April 21, 2021 there was some notable buying of 14,871 contracts of the $63.00 call expiring on Friday, May 21, 2021. Option traders are pricing in a 5.8% move on earnings and the stock has averaged a 3.1% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=GM&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # DraftKings Inc. $56.66
**DraftKings Inc. (DKNG)** is confirmed to report earnings at approximately 7:00 AM ET on Friday, May 7, 2021. The consensus estimate is for a loss of $0.41 per share on revenue of $230.08 million and the Earnings Whisper ® number is ($0.44) per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 2,150.00% with revenue increasing by ∞. Short interest has increased by 51.7% since the company's last earnings release while the stock has drifted lower by 5.6% from its open following the earnings release to be 12.5% above its 200 day moving average of $50.37. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 15, 2021 there was some notable buying of 10,709 contracts of the $65.00 call expiring on Friday, May 7, 2021. Option traders are pricing in a 8.8% move on earnings and the stock has averaged a 7.9% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=DKNG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Moderna, Inc., $178.82
**Moderna, Inc., (MRNA)** is confirmed to report earnings at approximately 7:00 AM ET on Thursday, May 6, 2021. The consensus earnings estimate is $2.04 per share on revenue of $2.19 billion. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 682.86% with revenue increasing by 26,005.61%. Short interest has decreased by 19.4% since the company's last earnings release while the stock has drifted higher by 18.6% from its open following the earnings release to be 60.3% above its 200 day moving average of $111.57. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, April 16, 2021 there was some notable buying of 10,955 contracts of the $190.00 call expiring on Friday, July 16, 2021. Option traders are pricing in a 9.2% move on earnings and the stock has averaged a 8.4% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=MRNA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # CVS Health $76.40
**CVS Health (CVS)** is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $1.72 per share on revenue of $68.38 billion and the Earnings Whisper ® number is $1.77 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 9.95% with revenue increasing by 2.43%. Short interest has decreased by 6.0% since the company's last earnings release while the stock has drifted higher by 1.5% from its open following the earnings release to be 11.5% above its 200 day moving average of $68.50. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, April 21, 2021 there was some notable buying of 20,584 contracts of the $65.00 call expiring on Friday, May 21, 2021. Option traders are pricing in a 4.0% move on earnings and the stock has averaged a 3.1% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=CVS&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
> # Corsair Gaming, Inc. $33.18
**Corsair Gaming, Inc. (CRSR)** is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $0.30 per share on revenue of $449.70 million and the Earnings Whisper ® number is $0.38 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Short interest has decreased by 9.4% since the company's last earnings release while the stock has drifted lower by 29.4% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 17.3% move on earnings and the stock has averaged a 4.6% move in recent quarters.
> #([CLICK HERE FOR THE CHART!](http://elite.finviz.com/chart.ashx?t=CRSR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l))
*****
I hope you all have a wonderful Sunday and a great trading week ahead r/StockMarket.
| 35 |
bigbear0083
| 1,619,955,814 |
allstate
|
StockMarket
|
https://www.reddit.com/r/StockMarket/comments/n34qrk/wall_street_week_ahead_for_the_trading_week/
|
lffs4w
|
gmlhhh4
|
Does this submission fit our subreddit? If it does please **upvote** this comment. If it does not fit the subreddit please **downvote** this comment.
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| 5 |
PennyPumper
| 1,612,802,540 |
ALST - COVID Play With Very Low Float
|
Allstate Health Brands Inc ($ALST) is currently trading at $0.13 and could get up to $1 by the end of the month and $3-$5 by the end of the year.
Allstate Health Brands recently announced expansion of COVID-19 testing initiatives in South Africa and other international markets.
"Our goal is to quickly build on the model we have begun in Jamaica, and now offer rapid and reliable testing solutions to various sectors of the South African economy, including testing in the vast mining industry as well as other sectors of the economy such as tourism and the public in general,"
About AllStar Health Brands Inc.
AllStar Health Brands is a specialty Health Care Products Company dedicated to improving health and quality of life by offering select products, including medical devices, nutritional supplements, over the counter remedies and medicines all across the globe. AllStar's goal is to bring additional products to the market and provide new, innovative options for better health and wellbeing. AllStar is a Nevada Corporation established in
Market Cap is extremely low as of now valued at
$1.2 Million and low outstanding shares at 11,239,962. With this O/S and MC we could takeoff at any time.
Previous Calls:
TSNP at 0.31, Currently 1.71
BGI at 1.41, Currently 1.86
Zom at .92, Currently 2.42
Mara at 2.02, Currently 29.43
| 23 |
BrandonMarcoux
| 1,612,802,526 |
allstate
|
pennystocks
|
https://www.reddit.com/r/pennystocks/comments/lffs4w/alst_covid_play_with_very_low_float/
|
cw7995
|
ey8t8m2
|
Can anyone explain why so many options have the 9/20 expiration? I mean, it is a Friday but is there other significance ?
| 5 |
po-handz
| 1,566,927,792 |
Options Market 8-27-19
|
S*ource: Schwab Center for Financial Research*
**Today’s Bullish Activity**
Shares of Dow-component **Johnson & Johnson Inc. (JNJ + $2.30 to $130.10)** are gapping up following news that an Oklahoma judge ruled that the healthcare giant must pay $572M for its part in fueling the U.S. opioid epidemic. The stock is moving higher as the fine was significantly lower than the $17B the Oklahoma Attorney General had been seeking to help pay for addiction treatment and prevention programs. Evercore ISI said fine expectations were between $500M and $5B with the consensus estimate around $1B. Puts are outnumbering calls nearly 2:1 with the September 20th 130.00 put being the most actively traded contract (volume is 6,774).
Also trading to the upside is **Caleres Inc. (CAL + $3.84 to $19.08)** after the footwear maker reported Q2 earnings of $0.62 per share, excluding non-recurring items ($0.04 beat) on revenue that increased 6.5% year-over-year to $752.5M (roughly in-line with the $752.2M consensus estimate). Brand portfolio sales increased 17.9% year-over-year to $359.6M while total Famous Footwear sales were $419.8M on same-store sales that increased 1.5%. Call volume is dominating (\~7:1 over puts) which is primarily being driven by activity on the September 20th 15.00 call (volume is 3,115).
Lastly, **Altria Group Inc. (MO + $3.99 to $51.11)** is moving higher on news that the company is in discussions with **Phillip Morris International Inc. (PM - $4.44 to $73.29)**regarding a potential all-stock merger of equals. MO calls are outnumbering puts roughly 5:3 with the September 20th 50.00 call being the most actively traded contract (volume is 9,090). PM puts are outnumbering calls better than 2:1 with the September 20th 75.00 put seeing the most action from traders (volume is 3,983). PM average implied volatility is up to a year-to-date high of 36% this morning. *Note: the average implied volatility represents an estimated value for a 30-day implied volatility at the current underlying price, based on a curve fit of option implied volatilities.*
New 52-week highs (39 new highs today): **Agree Realty Corp. (ADC + $0.55 to $73.85),** **Agnico-Eagle Mines Ltd. (AEM + $0.44 to $62.60), Idacorp Corp. (IDA + $0.70 to $109.71), Roku Inc. (ROKU + $2.59 to $145.60)**
**Notable Call Activity**
Some unusual call activity (\~50:1 over puts) is coming up on the radar on **Cloudera Inc. (CLDR + $0.02 to $8.85)** which is primarily being driven by activity on the September 20th 7.50 call. Volume on this contract is 9,966 (vs. open interest of 13,376) which mostly consisted of various-sized blocks that were being bought at various times for between $0.48 and $0.50 each.
**Yelp Inc. (YELP + $0.65 to $32.68):** Calls are outnumbering puts roughly 20:1 as option traders primarily target two contracts that expire at the end of this week (August 30th):
* 33.00 call (volume is 7,885 vs. open interest of 125): Transactions on this contract mostly consisted of various-sized blocks that were being bought at various times for $0.56.
* 32.50 call (volume is 3,588 vs. open interest of 56): Transactions on this contract mostly consisted of various-sized blocks that were being bought at various times for between $0.71-0.86.
We know that the volume on both of these contracts represents new positioning based on the open interest figures and the bulk of the activity appears to be bullish in nature.
**Today’s Bearish Activity**
Moving lower this morning is **J.M. Smucker Co. (SJM - $10.17 to $102.76)** after the branded pet, consumer foods and coffee company reported fiscal Q1 earnings of $1.57 per share, excluding non-recurring items ($0.18 miss) on revenue that fell 6.5% year-over-year to $1.78B (below the $1.88B expected). Commenting on the quarter, CEO Mark Smucker stated, “Our first quarter performance fell short of expectations primarily due to the timing of shipments and deflationary pricing in the coffee and peanut butter categories, as well as competitive activity in the premium dog food category”. Additionally, the company lowered full-year 2020 EPS guidance to $8.35-8.55 (from $8.45-8.65) on revenue that is expected to be “down 1% to flat” (from a prior view of “up more than 2%”). Puts are outnumbering calls nearly 2:1 with the September 20th 100.00 put topping the most actives list (volume is 1,307).
Also trading to the downside is **Anaplan Inc. (PLAN - $2.86 to $56.49)** even though the maker of cloud-based planning software beat quarterly estimates and provided upbeat guidance earlier this morning. Anaplan reported a Q2 loss of $0.12 per share, excluding non-recurring items ($0.04 beat) on revenue that increased 46.2% year-over-year to $84.5M (above the $78.25M). Looking ahead, the company guided Q3 revenue to a range of $85.5-86.5M (vs. the $83.49M consensus estimate) and raised full-year 2020 revenue guidance to a range of $339-343M (from $326-331M). Calls are outnumbering puts better than 2:1 with the September 20th 60.00 call garnering the most attention from traders (volume is 1,289).
New 52-week lows (274 new lows today): **American Airlines Group Inc. (AAL - $0.16 to $25.03), Credicorp Ltd. (BAP + $1.44 to $202.22), Footlocker Inc. (FL - $0.34 to $35.35), Halliburton Co. (HAL + $0.18 to $17.68), Macy’s Inc. (M - $0.05 to $14.66)**
**Notable Put Activity**
Some unusual put activity (nearly 4:1 over calls) is being seen in **Hewlett Packard Enterprises Inc. (HPE + $0.04 to $12.98)** which is primarily being driven by activity on the August 30th 12.50 put. Volume on this contract is 15,566 (vs. open interest of 1,151), which nearly entirely consisted of a 15K block that was bought at the ask price of $0.18. We know this block is a new position based on the open interest figure and we can assume that the intent is bearish in nature since the trade took place at the ask price.
**Volume Signals**
Shares of the **iShares Silver Trust ETF (SLV + $0.42 to $16.94)** are pushing up to a nearly a two-year high this morning and six out of the top ten most actively traded option contracts across the market today are coming from this ETF. The top two most actively traded option contracts across the board today are the SLV October 18th 17.00 call (volume is 62,171 vs. open interest of 83,674) and the SLV January 2020 16.00 call (volume is 49,211 vs. open interest of 123,876).
**Chubb Ltd. (CB + $0.35 to $155.56):** Option volume is running at over 20x the daily average of 144 contracts which is primarily being driven by a couple of blocks that simultaneously traded on the September 20th expiration:
* 150.00 put – a 1,000 block traded for $1.40, directly in the middle of the $1.35 x $1.45 bid/ask spread (open interest of 210)
* 140.00 put – a 1,000 block was sold for $0.35 (open interest of 49)
We know these blocks are new positions and it appears that a $10.00-wide bear put spread was established for a net debit of $1.05 which suggests that the block trader believes that CB will close below the break-even price of $148.95 at expiration.
**Planet Fitness Inc. (PLNT + $1.12 to $69.49):** Option volume is running at over 5.5x the daily average of 904 contracts which is primarily being driven by activity on the September 20th 70.00 call. Volume on this contract is 3,160 (vs. open interest of 1,858) which mostly consisted of various sized blocks that were being bought for between $1.85-2.00, including a 1,064 block that was bought at the ask price of $1.85. Shares of PLNT have been in a downtrend for most of August but are exhibiting some relative strength today and appear to have found some technical support at the 200-day SMA over the past week.
**Gauging Volatility**
The **CBOE Volatility Index (VIX + 0.44 to 19.76)** has been on both sides of the unchanged line this morning (intraday range is 18.49-20.35) as equity markets are mixed around the mid-day mark today (DJI + 7, SPX + 2, COMPX - 3). VIX option volume has been below average today at 209,991 contracts (#5 on the top 10 most actives list) and the activity has been call-biased (the volume put/call ratio is currently 0.44). The most actively traded contract is the September 18th 21.00 call as volume is 40,615 versus open interest of 154,710.
| 29 |
TodayInTheMahket
| 1,566,925,228 |
altria
|
wallstreetbets
|
https://www.reddit.com/r/wallstreetbets/comments/cw7995/options_market_82719/
|
16gb7ux
|
k07lusz
|
I wrote a post about it yesterday. Go check it out and read my reply in the comments too, it'll be helpful in understanding why BAT is at a larger discount than the other tobacco companies.
| 7 |
LeBourruBienfaisant
| 1,694,490,163 |
British American Tobacco
|
I understand why Tobacco companies deserve a big discount due to the long term uncertainty with their business model.
But why is BAT trading at a valuation so much lower than Philip Morris international or even Altria? BAT is the leader in so many international markets and is one of the leading e-cig companies. BAT p/e is 6 vs 12 for Altria and 18 for PM. If the issue is BAT's US business, then Altria should be trading when lower as it's only in the US. Altria also had screw ups with Juul, marijuana and now it's InBev investments.
Is it simply that BAT is considered a "UK" company and the UK market valuation is low?
| 17 |
WindHero
| 1,694,475,187 |
altria
|
ValueInvesting
|
https://www.reddit.com/r/ValueInvesting/comments/16gb7ux/british_american_tobacco/
|
1gb96ql
|
ltmtbyq
|
All I know is SMR went on a fucking tear right after I sold and I haven’t bought back in which means it’s probably going to keep performing well
| 5 |
BleednHeartCapitlist
| 1,729,830,045 |
Is $SMR facing badluck or it will eventually breakthough?
|
Badluck
1. This past November, the Utah Associated Municipal Power Systems, or UAMPS, terminated what was to be “the first NuScale Power small modular reactor plant to begin operation in the United States.” This was a death foretold; the red flags have been obvious for years now.
https://www.utilitydive.com/news/nuscale-uamps-project-small-modular-reactor-ramanasmr-/705717/
2. NuScale also didn't make the final cut to build SMR in the UK
>US company eliminated from race to build Britain’s first mini-nuclear plant
https://www.telegraph.co.uk/business/2024/09/25/us-firm-eliminated-from-race-build-britain-first-mini-nuke/
The naysayers are stating due to unproven technology, nobody wants to be the 1st guinea pig. It is costly upfront and if something goes wrong they might be on hook in fines and penalties (hazardous material handling).
But this said... recently, the Biden admin has greenlit financial assistance approval for nuclear energy related projects.
China and Russia already have approved SMRs and I believe they have a few already up and running.
The unfairness is that - their gov't can absorb the costs if something goes wrong.
Questions
1. Why doesn't the US gov't go a little deeper into the projects and bear some of the costs/potential dangers associated with it?
2. Big companies like Amazon and Google have signed up partnerships with energy companies for SMR to be designed/built. Why don't they just partner with a company like NuScale instead (approved SMR design)?
At the end of day, in 10 years... if energy infrastructure stays the way it is - the US could be way behind Russia/China in terms of energy source/efficienct. Nevermind inability to power many data centers etc. and not ability to meet its clean energy goals.
Thoughts?
| 19 |
ethereal3xp
| 1,729,793,280 |
amazon
|
stocks
|
https://www.reddit.com/r/stocks/comments/1gb96ql/is_smr_facing_badluck_or_it_will_eventually/
|
1bp2k0k
|
kwsuj78
|
Constellation Energy has been good to me.
| 5 |
Perfect__Crime
| 1,711,549,116 |
These are the stocks on my watchlist (3/27)
|
**Hi! I am an ex-prop trader that trades equities.**
This is a watchlist. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices. (unless otherwise noted in these tickers).
I usually make these watchlists premarket, (or from 6:30 to 7 as time permits), but can be delayed if I'm trading the open. These aren't mean to be taken as gospel or any recommendation to buy/sell. Many stocks I post are <$500M market cap. Most are NOT good long-term investments but are good candidates to day trade. If you have questions to ask, PLEASE ask specific ones.
News: [Japan Amps Up Intervention Threat as Yen Hits Lowest Since 1990](https://www.bloomberg.com/news/articles/2024-03-27/yen-drops-to-lowest-since-1990-amid-intervention-speculation)
**VKTX-** Continuation of news from yesterday that promising weigh loss pill (not a shot!) has promising data. Up 1% at time of writing.
https://preview.redd.it/6rffwtkkuvqc1.png?width=975&format=png&auto=webp&s=1b858c59a46dc16c256e69911f191713d13157cc
**NVCR-** News that lung cancer therapy met late stage study pushed this stock up to 18/19 range, came all the way back. Worth watching to see where it goes.
https://preview.redd.it/768s49dmuvqc1.png?width=975&format=png&auto=webp&s=5aab0a399bfdee4b05b4677ba7f2ca6f8ab48b29
**MDXG-** Developing drug dose not qualify as FDA “cellular tissue product”**. Company pursue way to keep it on the market.**
https://preview.redd.it/an9ed22ouvqc1.png?width=745&format=png&auto=webp&s=3c8c62d50c3a560e7c1d9aedae0304904eead349
​
**HOOD- Releases news about their Robinhood Gold Card**
https://preview.redd.it/bv85afupuvqc1.png?width=975&format=png&auto=webp&s=fb6f08030389261ffe945ea60519f6f955420092
**NIO-** Cut their Q1 delivery guidance
https://preview.redd.it/n4rcy2iruvqc1.png?width=975&format=png&auto=webp&s=02ca1ab705b25fcac21e79b9c3f9219dae2f04e1
**Longer-term watches: NVDA/SMCI, SNOW, BA, LULU**
| 27 |
WinningWatchlist
| 1,711,547,965 |
amazon
|
StockMarket
|
https://www.reddit.com/r/StockMarket/comments/1bp2k0k/these_are_the_stocks_on_my_watchlist_327/
|
ln0ikp
|
gny9hz7
|
Is it normal for all the insider trading to be selling? From what I'm reading on the internet's there's like no ownership
| 7 |
Buhsketty
| 1,613,694,505 |
UAVS in now a once in a lifetime play
|
UPDATE: https://finance.yahoo.com/news/ageagle-aerial-systems-responds-false-130500072.html
+25% premarket. Still time to enter
Most of you who are reading this have probably never heard of the American drone company AgEagle Aerial Systems (ticker $UAVS) and a few of you probably have. I have been following the company for over a year and will give you the scoop of what’s going on:
Background on the company: UAVS specializes in agricultural mapping and has recently shifted to the drone package delivery sector (see recent partnership with Valqari , a company which specializes in drone delivery solutions): [https://www.globenewswire.com/news-release/2020/10/15/2109196/0/en/AgEagle-Aerial-Systems-Partners-with-Valqari-to-Manufacture-Drone-Delivery-Stations.html](https://www.globenewswire.com/news-release/2020/10/15/2109196/0/en/AgEagle-Aerial-Systems-Partners-with-Valqari-to-Manufacture-Drone-Delivery-Stations.html)
This partnership with Valqiri along with a partnership with “major e-commerce” platform that they cannot disclose due to an NDA has led to UAVS running up from $2 to an ATH of $17.68 in the span of 6 months.
**Now for the REALLY juicy part.** Today a ragtag short activist by the name of Bonita Research released a hit piece on the company with some blatantly false information which caused uninformed investors to panic sell **causing $UAVS fall of 40% in an hour**. Here is a link to the hit piece which I will debunk below : [https://www.bonitasresearch.com/](https://www.bonitasresearch.com/)
**background on:** Bonitas Research is a 'short activist' who frequently posts bogus short attack pieces and invokes the first amendment whenever they are sued by the companies they attack for their absurd claims.
**Debunking their report:**
For starters they begin the report by listing UAVS on the COMPLETELY WRONG EXCHANGE (NASDAQ instead of NYSE). They then go on to accuse the company of being a pump and dump with the catalyst being an unofficial YouTube video that supposedly HINTED at a partnership between UAVS and Amazon. THIS OCCURED 10 MONTHS AGO. Yes you read that correctly. They then go on to say “we have found no evidence of any major e-commerce customer or drone technology credited to AgEagle”. **However you can explicitly find evidence of the major ecommerce partnership in the SEC filings of AgEagle:**
\*\*"\*\*In the third quarter of 2019, AgEagle announced that it had begun to actively pursue expansion opportunities within the emerging Drone Logistics and Transportation market and revealed that it had received its first purchase orders from a major ecommerce company to manufacture and assemble UAVs designed to meet the critical specifications for drones that are meant to carry packaged goods in urban and suburban areas"
Source (From AgEagle's 10-Q filed 11/13/20): [https://sec.report/Document/0001575705-20-000242/](https://sec.report/Document/0001575705-20-000242/)
This major ecommerce partnership extends well into 2021 for reference and they have seen immense growth since the partnership.
The Bonitas hit piece reads like it was written by a fifth grader who just discovered WSB but it has caused uninformed investors to panic sell. As soon as these claims are addressed by AgEagle (most likely today) and when others who are privy to the company call out the 'report' (if you can even call it that) for its BS, those who panic sold will get right back in. It is already climbing back up after AH (+**3.57%** at the time of this post) and I don't see it going back down to the extent that it has in the future. I don't post here often but I view this as a literal once in a lifetime opportunity given the nature of the situation. I am not a financial advisor and this is not financial advice. Godspeed my fellow traders
| 24 |
BrazyNeurologist
| 1,613,690,816 |
amazon
|
options
|
https://www.reddit.com/r/options/comments/ln0ikp/uavs_in_now_a_once_in_a_lifetime_play/
|
8qzgtl
|
e0oux07
|
I meant to get in touch about this when I saw it this morning. Your first imgur link is bad. I didn't have time to check the rest and was sure you'd want to correct it before someone saved this from the modqueue.
| 5 |
CardinalNumber
| 1,529,021,271 |
Multi-leg options: A Robinhoodie delight
|
Multi-leg options, also known as *spreads*, are a Robinhoodie delight. Here is why I think you should be trading them. To be successful in options, you want to: make highly profitable trades + that has lower risk + with less capital. And trading spreads help you achieve exactly that. You don't have to put in a lot of money, and you can still make highly profitable trades.
Let me explain how easy it is, and the success you can achieve by showing some of my own trades as example.
*I hit like 1800 words on this one, so sorry about that and take it easy on me.*
----------
Here is a real trade I made this week that returned **800%**. This was a relatively safe and easy trade.
http://imgur.com/a/MeFpHVu
I noticed the blowout ER from Retail sector and decided to trade an oncoming $XRT rally, the Retail ETF.
Here are the trades I made to construct this:
Buy 2 $XRT 48 call 06/15 => $0.47 * 2 => $0.94 Debit
Sell 1 $XRT 47 call 06/15 => $0.79 * 1 => $0.79 Credit
Net Debit: $0.15
Collateral: $100
**Note:** Debit means the amount the gets deducted from your buying power (you pay to open them, a.k.a Buy-to-Open) where as Credit means the amount listed gets added to your buying power (you get paid to open them, a.k.a Sell-to-Open).
For this trade to be profitable, the stock price has to trade above $49, and the break-even is $49.15. I initiated this position a month before expiration. It did not look like I will break even until the final week, but when it hit the $50 mark and I closed this position for a 820% gain. It even touched 1000% but you can never sell at peak. No pressure. Still a very good return. Even if you just bought a individual $47 call or $48 call, that is still a 300% or 400% return, and it comes with risking 5 times more capital. So how does this look?
Total debit: $0.15
Total return: $1.38
Profit realized: 820%
#Ratio Spreads
This XRT trade we discussed above had three option contracts, 1 buy, 2 sells and each contract is considered one *leg* and the whole thing together makes up one "spread" or one "multi-leg trade". This is why it is called a *multi-leg option trade* as there are more than one option contract being traded. In short, it's called a *spread*. Based on what you sell and buy, there are fancy names given to each style. There is a [whole list of them](https://www.tastytrade.com/tt/learn). The one I have employed here in this $XRT example is called a **[Ratio Spread](https://www.google.com/search?q=ratio%20spread)**. The no. of legs sold isn't same as the legs purchased. It's a 1:2 ratio. Hence the name. Not all tickers and situations might be suitable for making this play, but when you find one, you can make a killing. Just gotta find the right ticker, buy 1 or 2 months out so you give the stock enough time to move. You also find the right strike prices + premium so that your buying power is kept low. Wait for the right opportunities, and don't just throw money around.
When you trade spreads you are limiting your potential profit but at the same time, you are reducing your capital being risked. If $XRT just went down, I would have closed these positions for a loss that is close to what the Net Debit we paid to open this trade. When the stock goes down, the calls you sold goes down along with the ones you bought. They lose value together, and hence the max loss is limited. Here is another way of seeing it. *When you go down, you get to take someone else down with ya!*
Now, theoretically we can argue that if $XRT finished at $48 during expiration then I have a loss of $100. For this reason, I suggest closing this trade one week before expiration. Open it a month or two ahead, close it whenever you hit your target profit or 1 week before expiration, whichever comes earlier. I did this XRT before Robinhood launched the Multi-Leg feature. I had access to advanced level options trading but not the interface that lets you do this in one trade. I had to first buy them and then sell them as separate orders to construct it resulting in a $100 collateral.
We can even avoid this collateral altogether using another wonderful type of spread called **The Butterfly Spread**. This is a small extension of the Ratio Spread with an extra leg added, and it does not come with the "unlimited profit" potential, something I get a kick for, but still, even with limited profits, you can achieve as much as 2500% return with this strategy. While I am going in a flow, I will write about that as well now. After all I love writing anyway.
The Butterfly Spread, a.k.a The Robinhoodie Spread
--------------------------------------------------
Amazon stock? forget even buying it. I can't for sure afford one. I just have like 0.2 shares of $AMZN on my M1 Finance portfolio. How about Amazon options? Same. Unless you are buying like a 2000 strike price, I can't even think about it. But once I discovered spreads, and Robinhood started launching them, everything turned upside down. I now have a active $AMZN Butterfly Spread that I filled for just $0.40 and it boasts a theoretical max profit of $1000, or 2500%. Practically speaking, I see making a 50% profit relatively easy with this strategy. What I love about this is how you will be able to trade in-the-money strikes with no collateral.
Here is a screenshot of that trade which is currently up 50%.
https://imgur.com/a/7G8eKAn
I had happily close it with a profit like this but I had decided to wait a little longer to see how this plays out. My strikes aren't too far away from the stock price. Earlier I told you to buy two calls and sell one call for constructing ratio spreads, and here we buy two calls, and sell two calls for different strike prices. Here is how you construct this. I literally made a video of it on my phone! yaaay!
>[Streamable: Constructing a Butterfly Spread on the new Robinhood Multi-Leg Options Interface]( https://streamable.com/8cojp)
In the video I am making constructing a 1720/1725/1730 Call Butterfly Spread for just $0.33. If the stock closes at or close to $1725 this Friday, we get a return of $5.00 or 1500%. While I posted that trade to show how to do it, I later cancelled it. As you can see [this](https://imgur.com/a/7G8eKAn), which is my actual active current trade, we are locking in a range of $1630 to $1650 for Amazon to finish by expiration. That would be a 2500% return but it is not possible to achieve the highest point. This can be hard for a stock that has been moving a lot, but the thing is, it does not have to fall right in center of this, and you don't even have to wait for it. As long as it comes near this range, your trade will go up by about 50-100% and you can just close it weeks ahead. If you noticed my screenshot, the stock's trading at $1710 range, the expiration is 3 weeks away, and yet the trade is up 58%. We can close this right here. Isn't 58% a great return any given day?
It can be harder to pin down a bull like that in such a small window but don't worry. You can attempt trading stocks that don't move a lot in one week. AMD has been on a tear this month, but a spread like this should do well with very less capital:
Buy 1 AMD $16 call
Sell 2 AMD $17 call
Buy 1 AMD $18 call
This setup will cost you anywhere from $0.15 to $0.20, and if AMD closes at $17 at expiration, you had make a return of $1.00 or 500% gain. Even if AMD closes at $16.50 or $17.50, you are still making a 100% return that is highly guaranteed than a far out-of-the-money $20 call you bought for the same $0.15. They mostly expire worthless.
- I currently have a AMD butterfly spread that is up like 10%, and I am planning on closing it and re-open another trade with different strikes.
- I also have a [UVXY 9.50/10.50/11.50 spread](https://imgur.com/a/sEp2uWn) that is looking decent with a finish near the max profit potential of 400%. If UVXY finishes at or close to 10.50, this is another easy, low risk 200%-400% return.
Notice how all these spreads have strikes that are of equal distance from each other. That is important! This way you never lose more than the initial debit you pay to open the trade, and NO extra collateral gets locked up like it happens with Ratio spreads. There is another related spread strategy named "[Broken Wing Butterfly Spread](https://www.bing.com/search?q=Broken%20Wing%20Butterfly%20Spread)" which is a great strategy as well. Here the 2nd call you buy is farther out-of-the-money and lets you begin this trade by actually receiving a credit! Get paid to start a trade, and also hit a potential 500% gain? *That sounds a lot cool* but it has some serious risks if the stock moves a lot overnight, and might need more collateral, so stick to the regular Butterfly for now, until you get a hang of this.
When trading butterfly spreads, liqudity is highly important. It has to have thousands in volume, don't use it on random unknown tickers, it will never fill. [Here is a source](https://www.barchart.com/options/most-active) for looking at what are some active tickers with high options volume. SPY is a great way to start, and so is AMD, and UVXY perhaps.
#Summary
As we can see, spreads clearly give us more ways to trade options with high chance of profits, at low risk, and with low capital. If you just bought one option call for $1.00 or 100 dollars, you have a chance to unlimited profit, as well as losing the whole capital of $100. But if you bought 2 option calls for $0.45, and sold one call for $1.00, you still have a chance to unlimited profits, for just $0.10 at risk.
Robinhooders don't have a lot of capital like the big boys do. So we buy cheap options calls, for strike prices that are ridiculously far off from the current price. They eventually expires worthless (Unless you did it for Chipotle which jumped $80 in one day after ER recently). The odds of winning those trades are less than 5%.
The concept of spreads are really simple. I am glad it is now available to all, I have been using it for a month now as a beta tester and it has got lots of potential. Good luck, and write down any comments you have below.
Further reading:
Ratio Spread: https://www.google.com/search?q=ratio+spread
Butterfly Spread: https://www.google.com/search?q=butterfly+spread
| 38 |
vikkee57
| 1,528,955,706 |
amazon
|
RobinHood
|
https://www.reddit.com/r/RobinHood/comments/8qzgtl/multileg_options_a_robinhoodie_delight/
|
6f06y3
|
dif5jv9
|
What's the timeline for when we should know?
Good DD
| 5 |
The_Victim
| 1,496,526,468 |
Little DD on $RAD:
|
**Intro**
As many of you already know, Rite-Aid has been trying to merge with Walgreens for eons. Stars have been born, survived for billions of years, and expired, all within the time frame of this merger. But alas, it looks like the end has come for $RAD at last. Similar to the stars that have stopped shining, the shares of $RAD will either blow up magnificently, becoming a beautiful supernova that is valued at $6.50 or it will wither out like the gas that was formed by your previous trip to Taco Bell and worth as much as the tacos you ordered off the value menu.
**What You Should Know**
In the upcoming month, the $RAD/$WBA will either be blocked or allowed. Shares prices have a minimum upside of $6.50 (most likely) and a downsize of around $2. The current price is at $3.71.
**[*(Devil's Advocate)*]Why the Merger Will Not Happen**
The FTC's job is to make sure that the combined force of Rite Aid and Walgreens will not stifle competition. Since Rite-Aid and Walgreens are 2 of the top 3 competitors in the space, there is huge amount of concern. Even if Fred buys 865 to 1200 stores of Rite Aid, the FTC is worried that Fred will fail. Recent failure concerning Sycamore Partners and Dollar Store have also placed emphasis on Fred's ability to succeed using these stores. Additionally, according to Herfindahl-Hirschman Index calculation, the Pharmacy and Drug Store Market has a HHI score of 1800. A 1500 is an industry with high competition so the current score is very close. However, if this deal goes through, the industry will have an HHI score of 2200-2400. A score of 2500 is very bad for consumers and those that rise 200 points after 2500 are to be looked at immediately. Out of the 3 blocked mergers/acquisitions that I have looked at, (Staples, Office Depot), (US Foods, Sysco), (T-Mobile, ATT), all 3 of these were above 2500 when blocked.
**Why the Merger Will Happen**
1. The merger has yet to been block. It is strange that over the course of this many years, the FTC did not just say "No." Instead, they worked together with WBA, RAD, and FRED in order to get this deal across. In 2016, a NYPost article stated that the 865 stores Walgreens wanted to sell to Fred was more than what the FTC had asked for. Of course, FTC could've upped the ante after some further research but I do not think that is truly the case.
2. Furthermore, Edith Ramirez (Democrat) the previous FTC chairwoman was someone who was very careful on Anti-Monopoly. When she was in charged, it was clear that many mergers were blocked if they had any trace of concern. It was also 3 members on the FTC at the time, with 2 Democrats and 1 Republican. She had the votes to put a block on it. Instead, she left office and was replaced by Republican Maureen Ohlhausen. This tells us either that she was either not sure that the deal needed to be blocked or that she could trust Maureen Ohlhausen to block the deal. I like to think it was the uncertainty since Republicans generally allow pro business decisions.
3. Additionally, with 1 Republican and 1 Democrat in the FTC right now, a tie vote means that the deal pushes forward. Only 2 scenario stops this, both members vote "No", or 1 votes "No" and the other recuse herself.
4. New Competitors are also coming. Amazon has been rumored to start their online pharmacy. While that is in the future, it is something that the FTC would consider when making such a decision.
**What Happens If Blocked**
Shares of $RAD would in the worst case plummet to the low $2.00. However, it would not stay there since the property they own is worth much more than that. As of right now, Walgreens values RAD at is $5. Where do I come up with this number? Assuming that the stock is $6.50, a $5 valuation + a 25% premium would give RAD a value of $6.25. There is something there that makes RAD worth much, such as the stores they own or the deals they have in place. Amazon could potentially buy $RAD for a similar price to launch their own pharmacy + Amazon Store front.
**Closing Notes**
I would also say that the risk vs reward ratio is something to look at. In a 50/50 situation, the risk is less than 50% of the current share price worst case. The best case scenario is a 75% increase from the current price. Through my research, I somewhat suspect a 60/40 chance, slightly favoring the merger succeeding.
My target price is $6.50 if the merger succeeds and $4 if blocked. And remember, even if it is blocked, Walgreens would take it to court for another chance to bring the deal back to life. I think there are too many reasons that this merger will succeed and the downsize of a failure exist in the short term but over a long term period, there is less risk.
Also, 40% of my portfolio is in RAD so I could be bias.
| 14 |
OnlyWeiOut
| 1,496,478,780 |
amazon
|
RobinHood
|
https://www.reddit.com/r/RobinHood/comments/6f06y3/little_dd_on_rad/
|
1lkla4u
|
mzt5bg7
|
https://www.teladochealth.com/newsroom/press/teladoc-health-joins-amazons-health-benefits-connector-for-cardiometabolic-programs
| 5 |
NonimiJewelry
| 1,750,902,791 |
$TALK: Zero Debt, $100M Cash, Amazon Partnership — Catalysts Brewing as More States & Insurers Come Online
|
5 Reasons $TALK May Quietly Grind Higher:
1. Zero Debt + $100M Cash – Talkspace has one of the cleanest balance sheets in the entire small-cap health tech space. No interest burden and strong liquidity = long runway for growth and acquisition targets.
2. State-by-State Expansion – More states are going live with Talkspace as a reimbursable provider under Medicaid/Medicare. Every new state is an immediate revenue unlock.
3. Payer Network Growth – They’ve secured contracts with 90+ health plans, including major commercial insurers and government-backed programs. That means recurring revenue is gaining serious traction.
4. Amazon Alexa Partnership – The Alexa integration opens a unique behavioral health access point for millions of users. As this rolls out, expect a new funnel of users through voice-command therapy access.
5. Strong Insider & Institutional Backing –
• Douglas Braunstein, Wall Street veteran and founder of Hudson Executive Capital, is Chairman of Talkspace and controls ~22% of the company (personal + fund).
• BlackRock, the world’s largest asset manager, recently increased their stake, signaling long-term conviction.
Not investing advice, do your research I still doing mine and I do own lots of shares and accumulating as it keeps dropping.
| 14 |
Create_Freedomnow
| 1,750,894,993 |
amazon
|
pennystocks
| |
ts5jmk
|
i2pxuud
|
This does look interesting but even with a new ceo in place this month and projected forecast the ever dropping stock since inception scares me. I might toss a hundred or two in just to see what happens over the next year..
| 5 |
ITSl4ve
| 1,648,651,306 |
$BRGO drops strong 10-k late yesterday follow up with PR this morning
|
Hello, hope everyone is well.
Bergio International - a company that transformed itself in 2021 from a $600k/yr revenue brick and mortar jewelry store (in 2020) to a company that did $11m in rev in 2021 with $27.5m projected (with 3.3m projected profit) for 2022.
The $11m in 2021 revenue is confirmable by the 10-k that just came out late yesterday, so thats real. Very hard to find a company with this much business with a market cap UNDER 4M$. (you can verify that on otc markets).
Regarding the projected uptick for 2022 revenue:
1. Launching a bridal line - this is a $1.5b industry and all the top dogs (even on the big-boards) just buy already created pieces and sell. BRGO has a factory in Armenia and Singapore which allows them to create/manufacture their own pieces. So they have a legitimate competitive advantage in this space and should be able to undercut the top dogs on price
2. Getting the Print-on-Demand business going again for their very recently acquired subsidiary gearbubble. I find POD so cool. Basically it allows third party sellers to sell on Amazon, Etsy, Ebay through Gearbubble. The reason to do it through gbuble? It allows sellers to sell stuff they dont have. So if someone designs a nice piece of jewelry, or even a tee-shirt or a mug or anything really, but doesnt have the actual product to sell - they can sell it on Amazon, Etsy, Ebay through Gbubble, and if they make a sale, BRGO (Gbubbles parent company) will make the product using our factories in Armenia and Singapore, fill the order, and split the $$ with the third party seller
3. Getting into NFTs (and this is what this am's PR is about). I know that NFTs have been around and some feel that they are pointless with fading hype. But they have a specific use here. When someone buys an expensive piece of jewelry, it can be hard to resell. The authenticity and ownership history (to ensure no theft) has to be re-certified which can be a pain. The NFT shows ownership, shows the seller is the rightful owner, and proves authenticity. They did a 1 week limited release of NFTs and sold $184k. I know that doesnt sound like a lot, but thats just 1 week, of a pre-launch, trial run. ANd considering the mkt cap is only 4m. $184k/week, annualized, is 9.5m. More than double the mkt cap. And thats just a pre-launch limited release.
4. Amazon expansion. They showed up on Amazon a little late in 2021 with only a few products (which they completely sold out of in 4Q21). In 2022, they plan on increasing the products on Amazon by 50x. And now that they have both factories up and running, supply constraints should no longer exist.
Now for the bear arguments (I dont want to hide from these):
1. Why is it so cheap? But the dilution!
Answer: Yes, it has diluted a lot in 2021. Thats the cost from growing from $600k/yr in 2020 to $11m/yr in '21 (w 27.5M projected for '22). Most of the growth was from acquisition, and they bought revenue generating companies. So they had to dilute to fund these acquisitions. But the dilution is waning. If you check the recent PRs (not todays but going back a bit), you'll see the company excitedly announce that multiple notes have closed. This is why its so cheap. No body likes to be in a stock that is diluting like crazy and people have stayed away from this one. But the dilution cycle that funded the huge acquisitions is now practically behind us. There may be a small balance left on some notes, but in a recent video, the CEO states that now that he has revenue and assets there is no need for new notes and the current ones have a dwindling balance. Hes excited to finally be note free and expects to get there soon. And its sustainable because they had positive cash flow in 4Q21 and projecting profits in 2022.
2. All this revenue and no net profit!
Fair but please keep in mind that 2021 was the first year of the newly transformed BRGO. Yes the company has been around awhile but its now completely transformed. So really, we should view 2021 as year 1. ANd you shouldnt expect a company to turn a profit in year 1. Yes, there was high marketing and advertising costs in 2021 which prevented a net profit....But its much cheaper to retain a customer than it is to get a new one. Late in 2021 and this year, they have been scaling back on marketing and advertising.
IN short:
Real revenues - confirmable $11m in 2021 revenue, projected $27.5m for 2022 (w projected profit)
Tiny mkt cap - under $4m
Real competitive advantages - few jewelers , even the big dogs in the sector, have BRGOs vertical integration, owning their own factories in Armenia and Singapore
Exciting expansions - see above : Bridal parties, print-on-demand, NFTs, increase of prods available on Amazon
Dilution crawling to a stop.
​
Ty for reading!
| 28 |
TheLastJewmurai
| 1,648,644,088 |
amazon
|
pennystocks
|
https://www.reddit.com/r/pennystocks/comments/ts5jmk/brgo_drops_strong_10k_late_yesterday_follow_up/
|
j389cn
|
g7a72c2
|
This is the goal for you - awesome. Why are you not reinvesting? The concept for dividends to pay for your expenses is cool and all, but after 3 years of expenses that are covered by dividends, what are you left with? Paid off expenses and the **same** amount of shares that you started with 3 years ago. I personally would reinvest if I have a source of income, but to each their own
| 5 |
MyFinanceName
| 1,601,558,665 |
Dividend Investing - Eureka
|
Why do we invest in dividend investing? For some, if not most people, it's to make a passive income stream or to achieve Financial Independence. That's the goal for me.
Every month, I would track the dividends I earn and compare it to the previous year. This is great because on any given day I can look and see how much dividends I earned, and how much dividends I expect to earn for the year. So, for example, I am projected to earn $254.73 in dividends this year, at the time of this writing.
If I have a goal of earning $500 in dividends per year, or a $1000, I can see how far off I am from that goal.
**BUT,** another way to track your dividends is to see how much of your expenses dividends can cover on a monthly basis. For me, this is an extremely motivational way to look at dividend investing. So, because $254.73 is $21.23 on average, that amount can cover both my Acorns bill ($1 per month) and my HuluPlus bill ($7.99 per month). That leaves me with $12.24 in dividends to be used for the next bill I am targeting which is Amazon Prime ($14.13 per month).
In other words, I am $1.89 in dividends away from being able to cover all 3 bills combined. After I earn enough to target all three bills, I start tracking to see how far off I am from my 4th bill, then 5th bill and so on. So, using dividends to track how much of your expenses it can cover is hugely motivational and for me it's a Eureka moment.
I only recently started doing this and it's been great.
Has anyone else done this? What do you think?
| 11 |
DividendPortfolio
| 1,601,557,802 |
amazon
|
dividends
|
https://www.reddit.com/r/dividends/comments/j389cn/dividend_investing_eureka/
|
10qprda
|
j879djl
|
Extrapolate this to the whole market. BTC was trading at $16.Xk a few weeks ago. It "falling" to $21k is actually a great sign. You want rallies to hit higher peaks and fall to higher lows.
| 5 |
sickvisionz
| 1,676,174,726 |
Monthly Optimists Discussion - February 2023
|
Welcome to the Monthly Optimists Discussion thread. As the title implies, the purpose of this thread is to promote discussion which is guardedly optimistic about cryptocurrency topics. This thread is intended to be a counterweight to the Skeptics Discussion thread and will be pinned when the markets are bearish.
Please read the rules and guidelines before participating.
---
###Rules:
This discussion thread has much higher standards compared to the Daily Discussion thread. Please behave in accordance with the following rules.
1. All [r/CC rules](https://www.reddit.com/r/CryptoCurrency/about/rules) apply.
2. For top-level comments, a minimum of 250 characters will be imposed as well as a minimum of 1000 comment karma and 6 months account age.
3. Discussions must be on topic, ie positive but not to the point of being absurd or utopian. Statements should be substantiated with sound reason and/or evidence. For example, announcing an obscure online store is adopting coin X for payments and then speculate Amazon will adopt it next without evidence. Also, discussions about market analysis, financial advice, or tech support will most likely be removed and is better suited for the daily thread.
4. Low-effort comments promoting coins or tokens will be removed. For example, comments saying “Buy coin X!” or “Coin X is going to the moon!🚀”, showcasing the current composition of your portfolio, or stating you sold coin X for coin Y, will be removed. In other words, no shilling.
5. Offensive language, profanity, trolling, and satire will be removed. This thread is intended for **mature** discussion.
Most of the above rules will be promptly enforced upon top-level comments by AutoModerator. Please report shilling or any comments which violate the rules.
###Resources and Tools:
* Read through the [Cointest Archive](https://old.reddit.com/r/CryptoCurrency/wiki/cointest_archive) to find positive material to discuss and consider participating in the contest if you're interested.
* Click the RES subscribe button below if you want to be notified when new comments are posted.
***
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Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.
* u/CryptoDaily- — Posts the Daily General Discussion threads.
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* u/CryptoNewsUpdates — Posts the Monthly News Summary threads.
| 36 |
CryptoOptimists-
| 1,675,245,850 |
amazon
|
CryptoCurrency
|
https://www.reddit.com/r/CryptoCurrency/comments/10qprda/monthly_optimists_discussion_february_2023/
|
prlclt
|
hdji2hj
|
The dark side clouds everything. Impossible to see the light, the future is.
| 5 |
churchofbabyyoda420
| 1,632,103,326 |
Why Is Web 3.0 Important?
|
# General Conclusion
In early 2021, we had discussions on the idea of building a decentralised Internet, commonly referred to as Web 3.0.
* In the United States President Trump has been banned from using Twitter, and Parler, which uses AWS services, has been removed from PlayStore and AppStore.
* WhatsApp has announced that they will share information with their parent company Facebook
* Uganda has ordered internet service providers to block all social networking platforms
These are important and understandable issues and need to be actively discussed.Small businesses and startups rely on Facebook advertising services, Google search suggestions, and Amazon's AWS service to survive. Artists and creators face the risk of having their information deleted from sites like Spotify, Instagram and Tiktok. Although these are not new problems, it is becoming more and more serious. The development of technology monopolies and their scalability to information privacy rights and personal freedoms has spurred the Internet transition from Web 2.0 to Web 3.0.
# What Is Web 3.0?
>In short: Web 3.0 is the next era of Internet.
Web 3.0 (commonly called Web3) is a reform model aimed at democratising the Internet. Web 3.0 is present in the Crypto Space and other digital fields such as AI, Virtual and Augmented Reality, and more. By applying new technologies, Web 3.0 is changing how we, as a collective, view and value the Internet. Web 3.0 is about creating an Internet that works for everyone, owned by everyone.
# Where Web 3.0 Comes From
The term was originally coined in 2014 and popularised in 2018 by Ethereum co-founder and Polkadot founder Gavin Wood. The spirit of this term goes back to when Satoshi developed Bitcoin and advocated decentralised DNS called BitDNS.
>“I think it would be possible for BitDNS to be a completely separate network and separate blockchain, yet share CPU power with Bitcoin.” - Satoshi (2010)
DNS has long been controlled by organisations such as Verisign and the Internet Corporation for Assigned Names and Numbers (ICANN) overseen by the US Department of Commerce. This centralised control of DNS has been used to enforce IP rights, prohibit websites from selling copyrighted material, censor free-of-speech sites like WikiLeaks and seize domain names (IP addresses) without proper procedures, etc. Censorship decisions are usually influenced by the top levels of government and the lobbyists of the largest multinational organisations, who may not always be acting in the best interests of the general public.Satoshi and other Bitcoin enthusiasts recognised this. In 2011, a fork of Bitcoin called Namecoin was born to allow censorship-proof domains at *.bit* domain addresses.Namecoin was ahead of its time. A proxy service or extension (such as MetaMask today) was required to log in at the *.bit* domain, making it very difficult to use. Plus, most people did not want their own website or personal domain at that time. All of this caused Namecoin to fail because of low demand from its users.Ten years later and now new blockchains and decentralised services may be ready for success. These applications are making the Internet more decentralised with Web 3.0. Another example of such infrastructure is the Handshake network.
# Conclude
The early internet needed avant-garde programmers and businesses to develop new products to make the Internet useful and to be rewarded for the value they created. No one knows in advance what the consequences of their construction will be.Cryptonetworks, with their open-source protocols and everyone-owned networks, offers the opportunity to restructure the Internet into a system that benefits more people around the world. This is a vision worth striving for.The world evolving today is increasingly controlled by technology, so we must design systems that benefit the collective. The transformation of the Internet, from Web 2.0 to Web 3.0, is diverse and will change the way we interact with the Internet.
| 14 |
economicsdesign
| 1,632,103,142 |
amazon
|
CryptoMarkets
|
https://www.reddit.com/r/CryptoMarkets/comments/prlclt/why_is_web_30_important/
|
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