Anyone think Twitter is a good buy for the long term? User growth is stagnant, but the way social media have been finding increasing ways to monetize their platform intrigues me.
I have a real job that pays well unlike you miguel. Being a janitor and scrubbing toilets which you do doesn't count. Oh and you're basketball knowledge goes as far as hanging on to Lin's nuts. That's it.
Lol you are asking people on the internets if the oil downfall is over, you don't know the difference between 'your' and 'you're', must be some amazing job you got there rofl
SDRL was a jaw dropper. Was holding onto it and saw the swing in the afternoon from $5-$7. Dropped it as soon as it hit $7 knowing it wouldn't sustain that kind of momentum. FCX has been another sleeper.
Roth IRA question I have a Roth and I'm not really happy with the company I'm with is there any penalty to switch to a different company?
Anyone ever invested in a Business Development Corporation? I am thinking about putting $100k into Main Street Capital NYSE:MAIN and getting their 7-9% dividend yield each year. I believe they pay out dividends monthly. One idea I have which I don't think I have thought all the way is that I could lose money if the stock goes from like $30 to $25. But could I lock in the price of the stock by going $50k long and then shorting $50k at the same price? This locks in the price of the stock for me and then I can get the dividend payments still. Would I be getting dividends on $50k, $100k, or zero? Also, does anyone else know of any relatively safe high dividend paying stocks? I am really just looking to get a safe 5-10% return each year if possible with my $100k.
ECB cut rates overnight. Has sent the currency markets in disarray. It leads to commodity volatility as things like crude oil are priced in USD.
I just got short the Russels for a swing. I day traded it a few times on both sides today, but this one is a nice size position that I'm hoping I can hold for a few weeks if the action deems it.
That would be pretty extreme. I have no problem if that happens because it would be amazing trading but I think that would be highly unlikely.
And how does that work? I am not saying I think the stock market is going to crash, but if someone believes the S&P 500 mark is 2200, how then do I approach?
When you say switch, do you want to sell your funds and roll it into a different fund at a different brokerage? If so, check the funds you bought. Depending on what type they are, you may be hit with fees if you leave early (backloaded funds). Also check for transaction costs. Otherwise, you can fund your Roth at a different brokerage if you want if it's new money.
