Finance Thread - What stocks are you in, etc.

Chasing that (currently) 6% yield?

Yep!

I have to get my DRIP setup so I don't have to do this manually anymore. Not sure how to handle it in the Fidelity app. But at the same time, I'm not putting in the time to research on how to do it 1734642976511.gif
 
Funnily enough I was mining ZEC casually 7 or 8 years ago (when the ROI exceeded the cost of electricity) and after I cashed out, I had enough to pay for the electricity, GPUs, and a little to put towards flying.

The remnants of what I didn't cash out I used to trade in the exchange. Never really got the hang of it, so I left it. A year or two ago I decided to convert what ZEC I had left for BTC, and that was when BTC was down around $28k. So I'm happy. :)
 
B of A's 2025 target. You just can't make this stuff up! :devilish: Coincidence?

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🤭

Also .. FSB anyone ?? 🤔
 
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I guess not. Anyways; here's what I added or added to in 2024, DCA purchase price and current gains ...

PLTR at 35.60, up 118%
SOUN at 13.34, up 48%
RkLB at 19.41, up 37%
ACHR at 7.92, up 36%
LITE at 66.05, up 31%
NVDA at 113.28, up 26%

Sold all my F above 11 before it took a shit. Fuck Ford. 🤣
 
You know, I bought a few bitcoin in the 00s or 10's, I needed $45 to buy a dvd/blu ray ripping app, that got demonitized by the copyright police. I think there were still some in that wallet.Jesus!
 
I guess not. Anyways; here's what I added or added to in 2024, DCA purchase price and current gains ...

PLTR at 35.60, up 118%
SOUN at 13.34, up 48%
RkLB at 19.41, up 37%
ACHR at 7.92, up 36%
LITE at 66.05, up 31%
NVDA at 113.28, up 26%

Sold all my F above 11 before it took a shit. Fuck Ford. 🤣

Good job! Yeah, TSLA is coming back down to earth now after it's post election bump. 488 was just insanely high! My 401K is showing a big hit from that but it's a long term play. I'm looking like 10 years out on that one, but it is a HUGE percentage of my holdings.

Yea, Fuck Ford. :LOL:

I recently bought more HIMS and SOFI also bought more GOOG, PTLR, TSLA, and TGT last year. Don't have the percentages for everything last year but my NVDA (Largest or second largest holding depending on the day) is up 1,118% since I bought it in 2017 and 2018. Seriously kicking myself for not buying more PLTR.
 
I actually bought some TSLA for my kids portfolios; right around $240, just before the cybercab flop .. it took a dive for a minute, but now they are closer to 100% - and the best part is they can't touch their portfolios until they turn 18, in the case of my youngest that's about 4 more years of potential growth - same with my oldest, he might be away for 4 years ( more on that later ) 😉
 
I'll celebrate when the keynote is delivered .. well see where it ends up after hours. 🤔

SMCI is up 10% also; but I'm still in a big hole on that one. 🤐

Yes. I’m going to try to catch the keynote too. This one’s going to be as important as any earnings call.
 
Keynote was impressive. Stock didn't move much on the announcements, actually down 6% yesterday and flat today. I got a kick out of Jensen and his Captain American pose with the giant saucer chip disk. :LOL:

I'm very excited about the 5000 series cards. I'm actually in the market for a card and the timing couldn't be better for me. So, I'll be picking one of them up this year.
 
For better or worse, I'm looking at getting a Home Equity Loan. If it works out, and it looks like it will, some debts will be paid off, there will be some major home improvements that the wife and I will be getting done, I'll put some into my brokerage account to further chase those dividends, and get a provisional account started for each of my spawnlings.





Oh, and the T-Bird will be getting in on some of that too!

Anything left over will go right back to the loan to get that paid back

Afterwards, it's going to be all about financial discipline so I don't dig myself a hole 😅.
 
For better or worse, I'm looking at getting a Home Equity Loan. If it works out, and it looks like it will, some debts will be paid off, there will be some major home improvements that the wife and I will be getting done, I'll put some into my brokerage account to further chase those dividends, and get a provisional account started for each of my spawnlings.





Oh, and the T-Bird will be getting in on some of that too!

Anything left over will go right back to the loan to get that paid back

Afterwards, it's going to be all about financial discipline so I don't dig myself a hole 😅.
  • Rate and terms better than current debt that you plan to pay off ? Be cautious not to incur future debt that will set you back to where you were + the HEL.
  • Home improvements - wants or needs?
  • Good to invest ✅
  • Don’t overextended yourself by opening too many accounts to keep track of. I have 3 accounts that I manage - 2 of my own and 1 for my mother - and I find that too much to keep up with.
  • Make sure money returned to loan is applied directly to principal. Banks have this nasty trick where they will apply lump sum payments toward future monthly payments so that they can continue to hit you for the interest.
  • Tbird improvements ✅ … always money well spent! 😆
 
I still don't see the incentive in "chasing dividends" .. main focus now should be growth and then you'll have more dividends to pay out later. Taking money from the house; you might as well start buying crypto.
 
  • Rate and terms better than current debt that you plan to pay off ? Be cautious not to incur future debt that will set you back to where you were + the HEL.
  • Home improvements - wants or needs?
  • Good to invest ✅
  • Don’t overextended yourself by opening too many accounts to keep track of. I have 3 accounts that I manage - 2 of my own and 1 for my mother - and I find that too much to keep up with.
  • Make sure money returned to loan is applied directly to principal. Banks have this nasty trick where they will apply lump sum payments toward future monthly payments so that they can continue to hit you for the interest.
  • Tbird improvements ✅ … always money well spent! 😆

Rate is better than the average of other debt, yes. Term, I haven't mathed the existing debt to see the term, but my 2nd is for 20yrs.

Home improvements: combination of needs and wants. Sewer line (clay type) has roots in it, needs a epoxy (?) liner applied to it. This is the 3rd time we've had sewer related issues. House desperately needs floors. Check the picture thread for reference.

Blurred lines of want / need: Expanding the SQ/FT of my home to bump out my master bedroom, add an office area, rearrange the master bedroom as a result, and make for a more suitable laundry room. We've outgrown our house and it's cheaper to get a 2nd mortgage and make the house better for us than sell the house and buy a bigger house if we stay in California. If we leave the state, that's a different story all together, but we've thoroughly discussed that elsewhere.

Will be taking some of this and making starter investment accounts for my kids so that they, at a minimum, have a better understanding of how money makes more money.

The goal is to not over extend myself. I don't want to be in this situation again.

"Add extra payment to principle", got it!

T-Bird. Definitely! 😁 At a minimum, just the brake caliper adapters for front and rear.
 
What the fuck .. this is some bullshit. Fucking Chinese AI. I don't believe a word of it; typical Chinese knockoff garbage.
 

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