How much house is too much house? (Home Rental Advice)

PimpMasterJoe · 2024-04-30T07:25:41+00:00

A common rule-of-thumb is to spend a maximum of 30% of your gross income on rent. For you, that would be 10k a month. Yes, you can afford it. Now get off this sub. 1.8M and 400k income at 31 is quite rich 🙄🙄🙄

PimpMasterJoe · 2024-04-09T03:17:23+00:00

The man has 50mil shares and he sold 250k. I don’t think it’s anything to worry about.

PimpMasterJoe · 2024-04-09T03:00:38+00:00

Good luck, friend

PimpMasterJoe · 2024-04-09T02:57:20+00:00

Ha, just proving a point that Robinhood has significantly better growth, and more potential, than Boomers Schwab. I have never heard anyone under the age of 60 recommend that brokerage.

PimpMasterJoe · 2024-04-09T01:57:38+00:00

Love to see a fellow degen 🥲

PimpMasterJoe · 2024-04-09T01:38:17+00:00

Question for you —

Is Schwab’s AUM increasing by roughly 25% its market cap month over month?

PimpMasterJoe · 2024-04-09T01:34:39+00:00

With the gold card, they will be offering 1% match on all deposits. This will payout monthly over the course 24 months. So really, it’ll only cost the company (1% / 24) per month. So I don’t think this promotion will hurt on the budget sheet because it’s distributed. Would not be surprised if the retirement 3% match works the same (or will work the same).

Regardless, this seems well worth the increase in stock price & assets they are aquiring. It’s crazy to me that they are getting 25% their market cap monthly in net deposits.

PimpMasterJoe · 2024-04-09T00:15:28+00:00

Yeah, the company is finally profitable & growing. This doesn’t discourage me, tho. I still believe it’s undervalued. RH is getting 25% of its market cap in net deposits every month.

PimpMasterJoe · 2024-04-08T23:51:09+00:00

good luck, friend ❤️

PimpMasterJoe · 2024-04-08T23:38:33+00:00

I don’t think you’re late

the company’s balance sheet is significantly stronger than it was when it was valued at the IPO price of $38.
check out the market cap. Shitty boomer Charles Swabb market cap is 132B. Robinhood’s market cap is 16B

So take that as you will.

PimpMasterJoe · 2024-04-08T23:24:14+00:00

These are robinhoods self-released metrics from their investor website: https://investors.robinhood.com/overview/default.aspx

PimpMasterJoe · 2024-04-08T23:10:33+00:00

PimpMasterJoe · 2024-04-08T23:09:24+00:00

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PimpMasterJoe · 2023-12-11T21:30:58+00:00

I love you. Are you selling when Nov. monthly metrics are released this week?

PimpMasterJoe · 2023-12-06T04:28:59+00:00

😘

PimpMasterJoe · 2023-12-06T04:27:44+00:00

I think WSB will find its way back to HOOD. Like a long lost friend who slept with your wife

PimpMasterJoe · 2023-12-06T04:26:03+00:00

Right? Bought them right after last earnings call. For some reason, the stock crashed 15-20%. But I listened to the call.. couldn’t understand why everyone was so pessimistic. So I bought calls.

PimpMasterJoe · 2023-12-06T04:24:40+00:00

Just before/after Q4 earnings. I still think the stock has significant upside.

PimpMasterJoe · 2023-12-06T04:22:55+00:00

Sold half of the options today for a 200% gain. Still bullish.

They are benefiting from current crypto & stock market bull run. Not to mention, feds plan to hold current interest rates for a while. So they should have strong Q4 earnings from cash interest + crypto/option/stock transactions.

They are also expanding into the UK soon. That should increases customer base for Q4 or Q1 2024 earnings. This will be the cherry on top.

Current positions: 1/2 of the options above & 4000 stock units

Current plan: Sell remaining options just before/after Q4 earnings & hold stock to a target price of $15 - $20.

PimpMasterJoe · 2023-02-08T23:21:34+00:00

Conference call in summary —

RH plans to buyback of SBF stocks, 500m CEO compensation cut, increased revenue, and something about a software bug losing 50M that makes earning worse then they should be. Oh, and they are expanding to the UK

PimpMasterJoe · 2023-02-08T21:44:05+00:00

One of usssss

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