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

MartyConlonOnTheRun · Post #1521 » by **MartyConlonOnTheRun** » Tue Mar 24, 2020 3:36 pm

I also wonder if the housing market would tank in April/May. Hard to buy houses when 10%-20%+ unemployment is going on. I cringe saying it, but there might be some investment opportunities there if you are sitting on cash.

Also, I did not lock in a 2.875% 15-yr rate 3 weeks ago and now it's up .375 despite the fed dropping :evil:

Post #1522 » by **MickeyDavis** » Tue Mar 24, 2020 4:21 pm

Cruise lines, including Disney, are not registered in the US. They don't pay US taxes, minimum wage or have to follow US health or safety regulations. A very small percentage of their employees are US citizens. If they want bailout money let them get it from the countries where they are registered. They certainly aren't essential.

WeekapaugGroove · Post #1523 » by **WeekapaugGroove** » Tue Mar 24, 2020 6:35 pm

MickeyDavis wrote:Cruise lines, including Disney, are not registered in the US. They don't pay US taxes, minimum wage or have to follow US health or safety regulations. A very small percentage of their employees are US citizens. If they want bailout money let them get it from the countries where they are registered. They certainly aren't essential.

Yeah absolutely. This seems like such a clear cut case I can't believe it's even debatable. You can't do something to avoid the things you don't like in the US then expect US taxpayers to lend a hand.

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BucksFanSD · Post #1524 » by **BucksFanSD** » Tue Mar 24, 2020 8:27 pm

MartyConlonOnTheRun wrote:I also wonder if the housing market would tank in April/May.

I think these articles are worth a read.

https://www.financialsamurai.com/how-does-real-estate-get-impacted-by-a-decline-in-stock-prices/

https://www.bankrate.com/mortgages/programs-to-freeze-foreclosures-evictions-from-coronavirus-disruptions/

If there is an impact, it may take months for things to settle, if we're in the gutter still.

vital_signs · Post #1525 » by **vital_signs** » Wed Mar 25, 2020 12:04 am

Sysco and US Foods look like great deals right now for long term.

machu46 · Post #1526 » by **machu46** » Wed Mar 25, 2020 7:25 pm

Decided to lock in my profits on Square after the 20+% jump today. My gut feeling is that this high from the bailout stimulus won't last very long and most of these stocks will dip again but we'll see. Either way, can't complain about a 20-25% profit after only owning it for a week.

RIPskaterdude · Post #1527 » by **RIPskaterdude** » Wed Mar 25, 2020 7:27 pm

machu46 wrote:Decided to lock in my profits on Square after the 20+% jump today. My gut feeling is that this high from the bailout stimulus won't last very long and most of these stocks will dip again but we'll see. Either way, can't complain about a 20-25% profit after only owning it for a week.

Yeah, not sure why they were so low.

machu46 · Post #1528 » by **machu46** » Wed Mar 25, 2020 7:39 pm

RIPskaterdude wrote:
machu46 wrote:Decided to lock in my profits on Square after the 20+% jump today. My gut feeling is that this high from the bailout stimulus won't last very long and most of these stocks will dip again but we'll see. Either way, can't complain about a 20-25% profit after only owning it for a week.

Yeah, not sure why they were so low.

Yeah, I want to eventually get in on Square again as more of a long hold but I think it and most stocks probably has at least one more major dip in it before things start to calm down again.

JEIS · Post #1529 » by **JEIS** » Wed Mar 25, 2020 9:42 pm

You get taxes differently as well depending on how long you hold onto a stock... Holding for a year can be advantageous.

JEIS · Post #1530 » by **JEIS** » Wed Mar 25, 2020 9:44 pm

vital_signs wrote:Sysco and US Foods look like great deals right now for long term.

Agreed. Sysco gives dividends as well.

Stannis · Post #1531 » by **Stannis** » Thu Mar 26, 2020 3:00 pm

Was hoping the employment claims would make the market dip again. I had a few names I wanted to buy, but missed out on the previous dip.

Sysco, Lululemon, Lam Research, IDEXX, Ulta, Realty Income

jschligs · Post #1532 » by **jschligs** » Thu Mar 26, 2020 3:25 pm

Stannis wrote:Was hoping the employment claims would make the market dip again. I had a few names I wanted to buy, but missed out on the previous dip.

Sysco, Lululemon, Lam Research, IDEXX, Ulta, Realty Income

The market isn't reacting correctly and it's hilarious watching the guys on r/wallstreetbets panic over their SPY puts

Stannis · Post #1533 » by **Stannis** » Thu Mar 26, 2020 3:28 pm

jschligs wrote:
Stannis wrote:Was hoping the employment claims would make the market dip again. I had a few names I wanted to buy, but missed out on the previous dip.

Sysco, Lululemon, Lam Research, IDEXX, Ulta, Realty Income

The market isn't reacting correctly and it's hilarious watching the guys on r/wallstreetbets panic over their SPY puts

Yea, I don't get the positive reaction today. I feel the market (and America in general) has been in denial this week. Things feel more calm.

I don't get it at all. :-?

BucksFanSD · Post #1534 » by **BucksFanSD** » Thu Mar 26, 2020 3:41 pm

I'm not sure what the market is reacting to myself. I thought it knew stimulus was coming. Maybe it's Trump wanting to open businesses after Easter? That doesn't seem guaranteed, and could end up being bad for the economy if it exacerbates the # of cases by a lot.

By end of next week we could have all time market highs or a new bottom on this dip?

Post #1535 » by **humanrefutation** » Thu Mar 26, 2020 3:45 pm

jschligs wrote:
Stannis wrote:Was hoping the employment claims would make the market dip again. I had a few names I wanted to buy, but missed out on the previous dip.

Sysco, Lululemon, Lam Research, IDEXX, Ulta, Realty Income

The market isn't reacting correctly and it's hilarious watching the guys on r/wallstreetbets panic over their SPY puts

The market is not a rational force.

We're not even at the worst of this yet.

Mags FTW · Post #1536 » by **Mags FTW** » Thu Mar 26, 2020 7:56 pm

What do you guys think of the speculation that there will be a higher demand for single family housing as people shy away from high rise downtown condos and apartments?

HaroldinGMinor · Post #1537 » by **HaroldinGMinor** » Thu Mar 26, 2020 8:02 pm

Mags FTW wrote:What do you guys think of the speculation that there will be a higher demand for single family housing as people shy away from high rise downtown condos and apartments?

Seems too early to say. I don't think many people in their 20's will consider that. I think I'm just as separated from people living in an apartment as I would be in a house.

DigitalFool · Post #1538 » by **DigitalFool** » Thu Mar 26, 2020 8:06 pm

Last few minutes of the trading day really looks like a short squeeze. Maybe the entire day really. I suspect a down day tomorrow, but I guess who knows, just throwing darts.

MartyConlonOnTheRun · Post #1539 » by **MartyConlonOnTheRun** » Thu Mar 26, 2020 8:17 pm

Mags FTW wrote:What do you guys think of the speculation that there will be a higher demand for single family housing as people shy away from high rise downtown condos and apartments?

I got to think there are a ton of mixed theories. Less people buying in general will hurt the housing market across the board, people with condos downtown at ~$300k+ are just gonna buy big houses in the suburbs, what area will get this growth?

Also, we have no idea how this will hit smaller communities. I could see horror stories of small towns overwhelming their own hospitals without the size to get the attention of national guard temporary hospitals getting built.

Stannis · Post #1540 » by **Stannis** » Thu Mar 26, 2020 9:04 pm

HaroldinGMinor wrote:
Mags FTW wrote:What do you guys think of the speculation that there will be a higher demand for single family housing as people shy away from high rise downtown condos and apartments?

Seems too early to say. I don't think many people in their 20's will consider that. I think I'm just as separated from people living in an apartment as I would be in a house.

tbh, when I first read Mags' post, I initially thought the idea was to move out from an expensive downtown condo/apartment to a cheaper single family house outside cities.