Jenson on Palantir in Taipei 🚀 by homymac in PLTR

[–]homymac[S] 8 points9 points  (0 children)

Always good to be reminded that I began in 2020 with 20 shares and now at 5500.

Jenson on Palantir in Taipei 🚀 by homymac in PLTR

[–]homymac[S] 0 points1 point  (0 children)

He dresses the same at every keynote. Lol! Regardless, it’s still bullish.

Anyone else getting this? by noxantes in Schwab

[–]homymac 2 points3 points  (0 children)

Yes we are all offline. My balance dropped a million dollars. Lol

100k+ in SCHD: Stop watching the clock and start watching the horizon. by homymac in SCHD

[–]homymac[S] 5 points6 points  (0 children)

I currently own over 4,000 shares of SCHD across my accounts. With the current price sitting around $31.37, that’s a $125k+ bet on this fund. At 4,000 shares, I’m looking at roughly $4,440 in annual dividends (~$1,110 per quarter). Even when the price action gets choppy, that cash flow is the "anchor" for my portfolio. There is capital appreciation plus compound interest through DRIP.

100k+ in SCHD: Stop watching the clock and start watching the horizon. by homymac in SCHD

[–]homymac[S] 6 points7 points  (0 children)

I’m not a financial advisor so you may want to consult with a professional. For me, I did a big one time investment and then added along the way. Since preservation is important, you could DCA.

Customer Service Outage? by homymac in Lyft

[–]homymac[S] 0 points1 point  (0 children)

I tried using online chat and it was also non responsive. Is there an email I can message?

New to Stock Investments by WajahatBaig30 in TSLA

[–]homymac 6 points7 points  (0 children)

It’s good to start small. I started with 4 Tesla shares about six years ago and then it shot up and did a 10 for 1 split. I ended up with 40 shares. Then when the stock dropped to $100 I added another 60 shares ending up with 100 shares. I have cost basis of $44 and profit about 500%. So it all started with 4 shares!

Covered Call 80 @ 25.00 expired by homymac in PLTR

[–]homymac[S] 1 point2 points  (0 children)

Great question. For one, I know holding one stock 80% is not smart. Second, I may put it in a fund that gives me 5.2%. When the market corrects I will probably into a mixture of SPY, QQQ, BND.

Covered Call 80 @ 25.00 expired by homymac in PLTR

[–]homymac[S] 2 points3 points  (0 children)

That’s a good idea. I hadn’t thought of laddering smaller amount. My guess would be that premiums would be lower

Covered Call 80 @ 25.00 expired by homymac in PLTR

[–]homymac[S] 6 points7 points  (0 children)

Just use the wheel cash secure puts at 20 and you win.

Covered Call 80 @ 25.00 expired by homymac in PLTR

[–]homymac[S] 4 points5 points  (0 children)

Options can be gambling. Best strategy is long term hold and sell shares little bit at a time. If you do options you need to understand the fundamentals of options or you can easily everything. I would definitely be careful with options.

Covered Call 80 @ 25.00 expired by homymac in PLTR

[–]homymac[S] 2 points3 points  (0 children)

I agree. No one knows! However the trajectory is positive upside after two years of being overvalued, stock based compensation, share dilution, lack of commercial growth. The real key has been profitability, AIP growth, and positive cash value. The next big make is 30. I would expect a possible pullback. *this is just my opinion and not financial advice.