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Talking stocks, trading, and investing in general

Piobaire

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What would you do if you're sitting on half a million cash, don't need to spend it right away, but may become cash flow outlay in 3-5 years?

At this very moment with those stipulations? High yield savings until November.
 

gettoasty

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Thanks for entertaining my question. This hypothetical money is in Vanguard money market earning a little over 5%. Just having some FOMO. The AI rally + interest rate cuts at year end makes me think getting in now wouldn’t be a bad idea ie buying bits of VOO.

Anyone into cybersecurity? CIBR

Also, just listened to this 😂
You've been given free access to this article from The Economist as a gift. You can open the link five times within seven days. After that it will expire.

Should you put all your savings into stocks?

Cheers
 

Omega Male

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Lot to unpack here.

-- Dude eavesdrops on his wife's WFH biz calls and learns of pending merger.

-- Uses info to insider trade and make almost $2M.

-- Confesses to wife, says he did it for them, so she won't have to work so hard.

-- She tells her employer, who tells the SEC. Employer fires her, despite no evidence she was aware of the scheme.

-- He agrees to disgorge all the proceeds and is facing up to 5 years in jail.

-- She's divorcing him.

 

jbarwick

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There is a Company, Innovator Capital Management that has these Buffer and Defined Outcome ETFs where you limit the downside but the trade-off is capping your upside. Could be worth checking into.

I know OM follows the Ritzholtz guys as well and they have had the CEO multiple times talking about their products but given I don't have money needed in that timeframe, I am either HYSA or the market.
 

double00

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Lot to unpack here.

-- Dude eavesdrops on his wife's WFH biz calls and learns of pending merger.

-- Uses info to insider trade and make almost $2M.

-- Confesses to wife, says he did it for them, so she won't have to work so hard.

-- She tells her employer, who tells the SEC. Employer fires her, despite no evidence she was aware of the scheme.

-- He agrees to disgorge all the proceeds and is facing up to 5 years in jail.

-- She's divorcing him.


is it really that much to unpack ? seems like the takeaway is wfh poses some risk to sensitive info .

sure maybe the wife wasn't in on it but i'd argue it's still her poor judgment to have her idiot ex-husband around a sensitive work environment
 

Omega Male

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is it really that much to unpack ? seems like the takeaway is wfh poses some risk to sensitive info .

sure maybe the wife wasn't in on it but i'd argue it's still her poor judgment to have her idiot ex-husband around a sensitive work environment
You have no poetry in your soul.
 

HRoi

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I kinda wonder how most mergers don’t end up leaking in some way, what with the number of people who are involved
 

brokencycle

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I kinda wonder how most mergers don’t end up leaking in some way, what with the number of people who are involved

It sure feels like they do all the time. I was part of a large tech company that did a major acquisition and there were rumors a few weeks ahead of it. The CEO was even asked at an all hands about the acquisition before it was public to which he obviously responded with a canned answer "We have no plans to make an acquisition like that, but if we did, I wouldn't be able to talk about it" and then there were rumors on the CNBC type shows a few days prior to the announcement.
 

Kaplan

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Anyone into cybersecurity? CIBR
I have a bit in WisdomTree's Cybersecurity ETF, though I bought in early '22, so it's about +19% in about 2 years - not particularly great (compared to some I got in VanEck's Semiconductor ETF around the same time, that's about +69% now). If I can find the cash for it, I might get some CrowdStrike.

Unrelated, buying Nvidia 4 times during '21 is starting to pan out. So is averaging down on PLTR in the same period.
 

venividivicibj

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There is a Company, Innovator Capital Management that has these Buffer and Defined Outcome ETFs where you limit the downside but the trade-off is capping your upside. Could be worth checking into.

I know OM follows the Ritzholtz guys as well and they have had the CEO multiple times talking about their products but given I don't have money needed in that timeframe, I am either HYSA or the market.
I wouldn't do it - it seems like a great deal (capping your losses), but you're always giving away a ton of upside. Sure, you'll have some down years, but given that the stock market averages 7-10%/year (depending on what data points you're looking at), it's not worth the 'cost'.

Only way I can see it working is if you're newly retired (or about the retire), and can't afford an immediate 10-20% drawdown
 

otc

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I kinda wonder how most mergers don’t end up leaking in some way, what with the number of people who are involved
I’m sorry for holding out on you guys.

But I can tell you that Tarragon is planning to make an acquisition of either Cardamom or Anise.
 

jbarwick

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What would you do if you're sitting on half a million cash, don't need to spend it right away, but may become cash flow outlay in 3-5 years?

I am in a situation similar to this but not as much and the funds are currently invested in the Vanguard equivalent of QQQ and sitting on a sizeable gain. If I sell and transition to treasuries, we would lose a year of interest to taxes. Any ideas? Thinking just pay the damned taxes is the option here but an open to other suggestions.
 

gettoasty

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@jbarwick Tax-loss harvesting?
Donations?
Munis? (as an alternative to taxable interest on the treasuries, I think I was looking into some tax-free cash alternatives at Vanguard last month)

Pay the taxes sure, but don't pay more than you need I suppose. I think the below may be applicable. (I'm assuming you're already maxing out all your other income-tax related savings.)

A wealthy investor at the 37% tax bracket is considering a corporate bond yielding 7% or a municipal bond yielding 5%.
On the surface, the corporate bond seems better. However, the corporate bond is fully taxable and the municipal bond is tax-free (assuming the investor is a resident). To find the after-tax return of the corporate bond, you could do the tax-free equivalent yield formula:

TFEY=CY x (100% -TB)

TFEY=7% x (100% -37%)

TFEY=7% x 63%

TFEY=4.4%

Your guide:

TFEY=tax-free equivalent yield

CY=corporate yield

TB=tax bracket
 

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