Talking stocks, trading, and investing in general

[Texasmade]

I was contemplating selling covered calls last week on it at $50, but we blew past that quickly lol.

I normally sell covered calls on all my holdings but the premiums were total garbage pre-election so didn't sell anything. Probably a good thing because I would've been called on everything.

 

[masernaut]

the current state of the market scares me. I'm sitting this one out for a major dip. current market makes zero sense.

 

[HRoi]

It’s still nice to look at, though. Felt like Scrooge McDuck checking my account balances today…

 

[jbarwick]

the current state of the market scares me. I'm sitting this one out for a major dip. current market makes zero sense.

So are you 100% out of the market? If so, what dip would make you buy back in? How would you figure out "I was wrong" and get back in?

All-time highs beget all-time highs. The market is in an uptrend...

 

[Omega Male]

It’s still nice to look at, though. Felt like Scrooge McDuck checking my account balances today…

Yeah I’ve made a (notional) GT3 from the post-election blow off so far, which gives me complicated feelings.

 

[Hombre Secreto]

the current state of the market scares me. I'm sitting this one out for a major dip. current market makes zero sense.

That's why I am seriously considering selling everything. My stocks got a significant boost this week. I am sure those gains will be lost as soon Orange really gets going.

 

[venividivicibj]

So are you 100% out of the market? If so, what dip would make you buy back in? How would you figure out "I was wrong" and get back in?

All-time highs beget all-time highs. The market is in an uptrend...

Wasn’t @gnatty8 out a while back? Did you ever get back in?

 

[Texasmade]

Wasn’t @gnatty8 out a while back? Did you ever get back in?

He went all in on bourbon.

 

[jbarwick]

Debating how to fund a housing project. Have enough cash earning 4% with a comfortable remaining buffer if anything were to happen but also have some much appreciated QQQ in an account earmarked for housing specific expenses.

Taxes aren't a concern here but given future uncertainty, how would y'all pay for this?

 

[Texasmade]

Debating how to fund a housing project. Have enough cash earning 4% with a comfortable remaining buffer if anything were to happen but also have some much appreciated QQQ in an account earmarked for housing specific expenses.

Taxes aren't a concern here but given future uncertainty, how would y'all pay for this?

Sell some QQQ and use some cash.

 

[Piobaire]

What's the cap rate on housing projects these days? What market segment are you targeting?

 

[double00]

What market segment are you targeting?

I could be wrong but I think jbar is talking about financing a project for his own house ?

 

[Piobaire]

 

[double00]

lol I wasn't sure but thx . next time I catch the ball

 

[jbarwick]

I’ll probably take the 50/50 advice from TM…honestly didn’t even think of that. Glad I asked.