Kolek planning to go pro
What do people think about investing in a high yield municipal bond ? Spoke with my investor today and he said you can get 7-8% right now. Unless I’m missing something what is the downside?
My guess is he is quoting you the tax equivalent rate since they are tax free
hope no one here tried to short nvda...up over 9% $61.00+/share after hoursi've got multiple positions starting at $130 up to $375also loaded up up AMD, tsm, intc, meta, msft, ibm, over the past 8 mos.
Folks love to talk about all their brilliant buys and prescient sells, but we all have had some clunkers.
Nicely done. Serious question: What have your biggest losers been?I've got a couple utilities that hit the skids and a couple struggling Canadian banks now, and back in late-2021 I was in late on a few of the "disruptors" that were in fashion at the time and ended up selling them pretty quickly at slight losses.Folks love to talk about all their brilliant buys and prescient sells, but we all have had some clunkers.
Hah. Agreed. And I don't think there's been much, if any, talk of shorting here. Maybe some do, I'd rather gamble on potential winners, long term. Most are looking to profit from long positions, And sometimes looking for other opinions on their crazy ideas. 🙂
i have numerous positions in generac(gnrc) that is slowly coming back. it's going to need a few quarters of good stuff to rebound back to mid $200's which was my original basis. i have since bought some more in the low $100'saltria(MO) except i have been holding only due to the decent dividendNIO-thought they would become more of a competitor to tesla. i am holding however just in case sold my tesla in mid $200's at a nice profit. want to let the whole EV thing shake outdollar general(DG) although my imtial buy in was $70, i have since added to that and the additions are presently under water. although i am in the black overall, the additions are a little pinkboeing(BA) f'ing max 737 is killing me. i am right around $200 basis and holding but i have quite a few shares. devon energy(DVN) a little bit down, but love the dividend3m-a little bit down, but like their position going forwardwoodside energy(WDS) although i received that as part of a merger with BHP which is doing wonderfully, it is down a little bit. but it also has a decent dividend over 10%FMC corp has a buy rating but is sluggishVF corp has a buy rating but has been dragging hind titty as well
I've never shorted a stock. Like Vegas, it seems like the house odds are against you. The LT bias of the market is upwards, you have to pay the equity owner an ongoing fee for the privilege to do so, and even if you make a perfect call you are limited to a 100% upside.I've had pretty good success with long puts (63% win rate) as well as short (cash covered) puts (85% win rate), though the latter is definitley a different investment thesis.
NVDA up 15%. Congrats to all holding, especially those who bought when it got under $150 just last year. Price was collapsing back then, and it's never easy to buy a potential "falling knife." So good on those who did!
I dunno, a lot of this AI stuff feels sort of dot com bubbly.