ImageImage

OT: Investing/Stocks/Bonds/Mutual Funds/Crypto

Moderators: paulpressey25, MickeyDavis

dakim
Freshman
Posts: 97
And1: 9
Joined: Jun 23, 2008

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#21 » by dakim » Tue Jan 12, 2021 11:08 pm

M-C-G wrote:
SupremeHustle wrote:
M-C-G wrote:Affirm set to go live with IPO tomorrow it looks like. Still haven't figured out if I am in on this or not. Just seems like something that has massive upward potential to me.

https://www.retaildive.com/news/affirm-raises-ipo-target-aiming-to-top-1b/593218/


I came here to say this. I'm in for sure.


Any expectations, or just a roll of the dice for upward potential after a few years? I am guessing this is a minimum of 5 years investment.

Ballsy taking on Credit Card industry, but maybe not as ballsy when you have PayPal Holdings doing it with you. Could be really disruptive.


Check out a company called afterpay (APT) on the ASX, for buy now pay later potential.

Btw, how does one get in on the Affirm IPO?
User avatar
Stannis
Retired Mod
Retired Mod
Posts: 12,581
And1: 5,351
Joined: Dec 05, 2011
Location: United States of Space
         

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#22 » by Stannis » Tue Jan 12, 2021 11:22 pm

dakim wrote:
M-C-G wrote:
SupremeHustle wrote:
I came here to say this. I'm in for sure.


Any expectations, or just a roll of the dice for upward potential after a few years? I am guessing this is a minimum of 5 years investment.

Ballsy taking on Credit Card industry, but maybe not as ballsy when you have PayPal Holdings doing it with you. Could be really disruptive.


Check out a company called afterpay (APT) on the ASX, for buy now pay later potential.

Btw, how does one get in on the Affirm IPO?


I sold this one way back like a moron for around $30.

Ticker is AFTPY. It's an aussie stock and supposedly the most overvalued stock in Australia. Not sure about buying it at this price.

Affirm is backed by PayPal, which is a good sign. But I kind of feel the "Buy Now, Pay Later" sector is going to crowded. Anyone else?
I believe he wasn't educated on the situation. Many people could have been harmed not only financially, physically, emotionally, spiritually. We do have freedom of speech, but there can be a lot of negative that comes with that

- LBJ on Morey + Hong Kong
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#23 » by M-C-G » Tue Jan 12, 2021 11:31 pm

Stannis wrote:
dakim wrote:
M-C-G wrote:
Any expectations, or just a roll of the dice for upward potential after a few years? I am guessing this is a minimum of 5 years investment.

Ballsy taking on Credit Card industry, but maybe not as ballsy when you have PayPal Holdings doing it with you. Could be really disruptive.


Check out a company called afterpay (APT) on the ASX, for buy now pay later potential.

Btw, how does one get in on the Affirm IPO?


I sold this one way back like a moron for around $30.

Ticker is AFTPY. It's an aussie stock and supposedly the most overvalued stock in Australia. Not sure about buying it at this price.

Affirm is backed by PayPal, which is a good sign. But I kind of feel the "Buy Now, Pay Later" sector is going to crowded. Anyone else?


Maybe it is, but then I would say, is the credit card industry too crowded? I can find 20 companies that will give me a credit card or balance transfer, etc.

My question, is do I buy in to this one, most notably because PayPal holdings is attached. It's like if you are going to bet on a dog, you want the one eating filet mignon and caviar or spam and ramen noodles? And yeah, I know it is a false equivalency, but it was a fun one to make.
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#24 » by M-C-G » Tue Jan 12, 2021 11:34 pm

dakim wrote:
Btw, how does one get in on the Affirm IPO?


I started digging this on Charles Schwab and honestly gave up. Didn't make the time to figure it out, so instead I'll be watching the stock price the second it is available.

Hedge fund buddy of mine told me that I should look into something called SPACs. Special Acquisition Companies, which I think are almost like a fund that focuses on IPOs but I'll be honest, I kind of half read an article with a baby in my hand, so no idea if I got the gist right.
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#25 » by M-C-G » Wed Jan 13, 2021 5:54 pm

Whelp, didn't catch that Affirm came on to the open market an hour ago. Up 100% so far, feels like I missed the window, worried with an IPO I'm chasing at this point. Anyone else get in?
User avatar
MickeyDavis
Global Mod
Global Mod
Posts: 68,612
And1: 21,316
Joined: May 02, 2002
Location: The Craps Table
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#26 » by MickeyDavis » Wed Jan 13, 2021 6:45 pm

It's been holding steady ~$100 the past couple of hours.
I'm against picketing but I don't know how to show it.
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#27 » by M-C-G » Wed Jan 13, 2021 6:58 pm

MickeyDavis wrote:It's been holding steady ~$100 the past couple of hours.


I haven't tracked many IPOs, but if the momentum didn't last through the day, then I suspect it will be dropping.
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#28 » by M-C-G » Thu Jan 14, 2021 4:34 pm

M-C-G wrote:
MickeyDavis wrote:It's been holding steady ~$100 the past couple of hours.


I haven't tracked many IPOs, but if the momentum didn't last through the day, then I suspect it will be dropping.


Up another 30% as of right now. Shows what I know.
tydett
Assistant Coach
Posts: 4,409
And1: 3,599
Joined: Feb 15, 2012
   

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#29 » by tydett » Thu Jan 14, 2021 4:54 pm

Super neophyte when it comes to investing (I mostly use S&P indexes and mutual funds), but our of curiosity, how does one get in on an IPO? I've read that you need to use broker orgs. that can get you in, but many seem to require more investment/trading than I do?
User avatar
M-C-G
RealGM
Posts: 19,650
And1: 7,507
Joined: Jan 13, 2013
     

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#30 » by M-C-G » Thu Jan 14, 2021 5:05 pm

tydett wrote:Super neophyte when it comes to investing (I mostly use S&P indexes and mutual funds), but our of curiosity, how does one get in on an IPO? I've read that you need to use broker orgs. that can get you in, but many seem to require more investment/trading than I do?


I went down the Charles Schwab path and basically hit a dead end. I think eventually it took me to a place that said just by it on the secondary market once available, which sucks because AFRM was $49 in the IPO, $90 by the time it got to the secondary market and now $125 or so two days later.

I would guess you need a certain level of investment to get into an IPO but like I said, I never really figured it out.
User avatar
ReasonablySober
Retired Mod
Retired Mod
Posts: 79,186
And1: 19,345
Joined: Dec 02, 2001
Location: Cheap dinner. Watch basketball. Bone down.
Contact:
         

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#31 » by ReasonablySober » Fri Jan 15, 2021 2:50 am

tydett wrote:Super neophyte when it comes to investing (I mostly use S&P indexes and mutual funds), but our of curiosity, how does one get in on an IPO? I've read that you need to use broker orgs. that can get you in, but many seem to require more investment/trading than I do?


Just came into this thread to ask if anyone can recommend books or online classes, paid or otherwise. I don't even know dick about S&P indexes and mutual funds. I invest in what my company tells me to but I'm absolutely clueless. It's embarrassing and I would like resources that treat me like the idiot I am.
Magic Giannison wrote:TRADE GIANNIS

KidA24
Lead Assistant
Posts: 5,642
And1: 3,280
Joined: Nov 01, 2012

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#32 » by KidA24 » Fri Jan 15, 2021 3:45 am

ReasonablySober wrote:
tydett wrote:Super neophyte when it comes to investing (I mostly use S&P indexes and mutual funds), but our of curiosity, how does one get in on an IPO? I've read that you need to use broker orgs. that can get you in, but many seem to require more investment/trading than I do?


Just came into this thread to ask if anyone can recommend books or online classes, paid or otherwise. I don't even know dick about S&P indexes and mutual funds. I invest in what my company tells me to but I'm absolutely clueless. It's embarrassing and I would like resources that treat me like the idiot I am.


For the basics: https://www.reddit.com/r/personalfinance/wiki/index is a decent crash course.
Amos Barshad: "So you got a job, a place to live, a license? What’s left?"

Giannis: “Nothing. Just get a ring now.”
User avatar
sidney lanier
Lead Assistant
Posts: 5,034
And1: 6,791
Joined: Feb 03, 2012
Location: where late the sweet birds sang

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#33 » by sidney lanier » Fri Jan 15, 2021 6:03 pm

Still a few kinks to be worked out, I see, in the idealized cryptocurrency future.

Man makes last-ditch effort to recover $280 million in bitcoin he accidentally threw out

James Howells, a 35-year-old IT engineer from Newport, Wales, said he discarded the device while clearing out his home in 2013. He claims he had two identical laptop hard drives, and that he mistakenly put the one containing the cryptographic “private key” needed to access and spend his bitcoins in the trash.

After all these years, Howells is still confident he’d be able to recover the bitcoin. Though the external part of the hard drive may be damaged and rusted, he believes the glass platter inside may still be intact.

“There is a good chance the platter inside the drive is still intact,” he told CNBC. “Data recovery experts could then rebuild the drive or read the data directly from the platter.”

Howells says he had 7,500 bitcoins which, at today’s prices, would be worth more than $280 million. He says the only way to regain access to it would be through the hard drive he threw in the trash eight years ago.
Two points in [our government] our people have already settled--the successful establishing and the successful administering of it. One still remains--its successful maintenance against a formidable internal attempt to overthrow it. -- A. Lincoln
User avatar
Bucknado
Bench Warmer
Posts: 1,428
And1: 1,036
Joined: Jul 12, 2013
 

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#34 » by Bucknado » Sat Jan 16, 2021 11:04 pm

Looking at buying a property in Austin and Airbnbing it. Anyone have experience as a host?
User avatar
jmart762
Pro Prospect
Posts: 838
And1: 362
Joined: Jul 01, 2010
   

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#35 » by jmart762 » Sun Jan 17, 2021 3:40 pm

Not in here very much, but if you're interested in crypto (we were wild about it in here last cycle) I'm a bigger bull on Ethereum than I am Bitcoin. More uses, usage, and vision. I think that plays out better in the long-term.
GiannisAnte34
Rookie
Posts: 1,067
And1: 611
Joined: Jun 19, 2019
 

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#36 » by GiannisAnte34 » Sun Jan 17, 2021 8:09 pm

jmart762 wrote:Not in here very much, but if you're interested in crypto (we were wild about it in here last cycle) I'm a bigger bull on Ethereum than I am Bitcoin. More uses, usage, and vision. I think that plays out better in the long-term.


Ethereum is great what do you think the forecast could be? I'm thinking about ~3,000 per in a 3 year term
thonnisbeastley
Junior
Posts: 354
And1: 201
Joined: Oct 09, 2016
 

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#37 » by thonnisbeastley » Sun Jan 17, 2021 8:20 pm

GiannisAnte34 wrote:
jmart762 wrote:Not in here very much, but if you're interested in crypto (we were wild about it in here last cycle) I'm a bigger bull on Ethereum than I am Bitcoin. More uses, usage, and vision. I think that plays out better in the long-term.


Ethereum is great what do you think the forecast could be? I'm thinking about ~3,000 per in a 3 year term

ChainLink > all
User avatar
drew881
RealGM
Posts: 10,115
And1: 3,090
Joined: Aug 14, 2007

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#38 » by drew881 » Sun Jan 17, 2021 8:47 pm

Bucknado wrote:Looking at buying a property in Austin and Airbnbing it. Anyone have experience as a host?


We rent a detached guesthouse on our property in San Antonio. Make about 10-11k a year, mostly hosting people on weekends. I think Austin might have more restrictions than us and might be harder to make up the mortgage costs. Are you planning on turning over the place yourself or hiring cleaners?

A friend bought an 150k house here in San Antonio (900 mortgage/escrow before utilities). He barely makes his money back each month but is building house equity for free.
User avatar
Lippo
Lead Assistant
Posts: 5,263
And1: 707
Joined: Jun 15, 2006

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#39 » by Lippo » Sun Jan 17, 2021 11:54 pm

thonnisbeastley wrote:
GiannisAnte34 wrote:
jmart762 wrote:Not in here very much, but if you're interested in crypto (we were wild about it in here last cycle) I'm a bigger bull on Ethereum than I am Bitcoin. More uses, usage, and vision. I think that plays out better in the long-term.


Ethereum is great what do you think the forecast could be? I'm thinking about ~3,000 per in a 3 year term

ChainLink > all


This

0.25 to $23 in a year...future is bright...Link Marines Oorah

Sergey and Vitalek > Jobs and Gates
User avatar
Lippo
Lead Assistant
Posts: 5,263
And1: 707
Joined: Jun 15, 2006

Re: OT: Investing/Stocks/Bonds/Mutual Funds/Crypto 

Post#40 » by Lippo » Sun Jan 17, 2021 11:59 pm

For you stock guys, got in RIOT and MARA around 10, way to get in Crypto indirectly ....

Return to Milwaukee Bucks