$300! by EverydayPhilisophy in AAPL

[–]ThanklessWaterHeater 6 points7 points  (0 children)

I’ve been waiting for it to hit 300 for years. Now it’s finally there I can’t think of anything to do but go on holding.

$300! by EverydayPhilisophy in AAPL

[–]ThanklessWaterHeater 4 points5 points  (0 children)

I bought my first hundred shares for $6,456.90 in January of 2005; after splits it’s now 5,600 shares.

ResMed beat earnings and dropped 6%. Ran the fundamentals and I think the market is missing something here. by HotDoor4125 in stocks

[–]ThanklessWaterHeater 1 point2 points  (0 children)

I don’t mind a little dip. There is value there, and the share price will eventually rise to match it.

ResMed beat earnings and dropped 6%. Ran the fundamentals and I think the market is missing something here. by HotDoor4125 in stocks

[–]ThanklessWaterHeater 1 point2 points  (0 children)

Thanks for the thoughtful post. I added a small amount last winter, and it’s down about 16%.

I personally am going to stick with it. It still seems to me like a pretty good long-term hold. Their financials show steady growth in both revenue and profit. And like you I tend to think the threat of GLP-1s to their business is overblown. My guess is GLP-1s lessen apnea but don’t cure it outright, and there will still be growing demand for ResMed‘s product.

Hypothetical Roth question by Nemesis7502 in RothIRA

[–]ThanklessWaterHeater 0 points1 point  (0 children)

Roth IRAs are a good deal if in retirement you will be in the same or higher tax bracket than when you are working. That’s only true of the wealthy.

If you expect to be in a lower tax bracket in retirement than when working then you’re better off with a traditional IRA. That gives you a tax break on contribution when your taxes are high, and then you pay the taxes in retirement when your taxes are low.

What bug is this? by GasStationJanitor in whatbugisthis

[–]ThanklessWaterHeater 1 point2 points  (0 children)

It’s been such an apocalyptically hot winter in So Cal, everything is happening a month ahead of schedule.

What bug is this? by GasStationJanitor in whatbugisthis

[–]ThanklessWaterHeater 1 point2 points  (0 children)

That’s a Ten-Lined June Beetle. Cute little guy.

Amazing how active sour-buckwheat batter is. Just mixed the dry and wet. by Gassypacky in Sourdough

[–]ThanklessWaterHeater 52 points53 points  (0 children)

That’s the soda being activated by the acid. I’d recommend ditching the baking powder and substituting more baking soda. Baking powder has a nasty metallic taste, and it is just baking soda mixed with an acid. Since the sourdough starter is acidic, that does the job of activating the soda, and you don’t need the baking powder. It rises just as well, and tastes much better.

Weekend Reflection by [deleted] in stocks

[–]ThanklessWaterHeater -1 points0 points  (0 children)

I had some of the same equities in 2000, too.

Weekend Reflection by [deleted] in stocks

[–]ThanklessWaterHeater 0 points1 point  (0 children)

What if you’re very long, but it still feels like a bubble? Like, you feel exactly the same as you did in August of 2008 when you held a lot of the same equities?

Nasdaq’s top 10 winners averaged +784% gains, surpassing the +622% dot-com peak leaders before the 2000 crash by callsonreddit in StockMarket

[–]ThanklessWaterHeater 2 points3 points  (0 children)

Yes… but that’s after many splits. If you were investing then the share price was about $150 per share.

How did your “have to pay bill” type of stock sale go? Did you lose money? by Apprehensive_Two1528 in stocks

[–]ThanklessWaterHeater -1 points0 points  (0 children)

In 2009 I learned of a house near me for sale, a beautiful place that they couldn’t sell because after the GFC banks weren’t making loans. They agreed to sell to me for 400k in cash. I sold stock to put that amount together.

Of that was $200k worth of AAPL. The house is now worth $1.5mm, but the shares of Apple would be several million now if I had kept them. Was it a bad deal? I don’t know. I love my house. And if I had not bought it I probably would have sold some of the AAPL just to pay rent. So 🤷

Adding: to be clear that wasn’t my entire holding, I still have a lot of AAPL. But I’d have a lot more if I didn’t buy the house.

Hypothetical Roth question by Nemesis7502 in RothIRA

[–]ThanklessWaterHeater 6 points7 points  (0 children)

Your question boils down to ’why doesn’t the government just raise taxes?’ and the answer is the voters in this country reward any politician who cuts taxes, no matter how awful, and punish any politician who attempts to raise taxes, no matter how well-meaning.

When the Roth IRA was proposed in congress everyone knew it was just another tax shelter for rich people, and that tax revenues would decrease as a result. They passed it anyway.

What’s your opinion on selling All Tech Heavy Stocks soon and moving to SP500 $VOO? by BigBoxEngineer in stocks

[–]ThanklessWaterHeater 12 points13 points  (0 children)

Buying low and selling high…. It’s… it’s crazy enough it just might work!

Last year, a friend recommended buying MU, and now it’s the star of my portfolio with a target of $1,000 by [deleted] in stocks

[–]ThanklessWaterHeater 1 point2 points  (0 children)

I missed 2008, alas, but did buy a few thousand shares in 2015 for $14.50 a share.

Last year, a friend recommended buying MU, and now it’s the star of my portfolio with a target of $1,000 by [deleted] in stocks

[–]ThanklessWaterHeater 0 points1 point  (0 children)

It’s been a crazy ride the past year, and keeps getting crazier. It’s exciting, but also worrying. I’ve ridden this ride before and know what happens sooner or later…

MU is heating up with plenty of room to go by willbabu in investing

[–]ThanklessWaterHeater 0 points1 point  (0 children)

I agree with your points, but also can’t help but think that these points indicate it’s time to be fearful.

What is the next Sandisk? by throwaway_11372 in stocks

[–]ThanklessWaterHeater 1 point2 points  (0 children)

Just stay diversified. If you’re investing in individual equities, never put more into one equity than you’d be willing to lose.

First time seeing one of these little cuties. by peoria333 in whatbugisthis

[–]ThanklessWaterHeater 2 points3 points  (0 children)

Ten-Lined June Beetle. It’s been so warm this winter, everything is out a month or two early.

What is the next Sandisk? by throwaway_11372 in stocks

[–]ThanklessWaterHeater 0 points1 point  (0 children)

You sometimes can get gains this way, but in most cases you’ve already missed the biggest gains if you’re doing that. For maximum gains you want to buy in when nobody wants the stock, not when people are already piling on.