All things STOCKS

#19,777
#19,777
Ok I need some help on this 10% of your 401k as a down payment on a house.... Someone give me some guidance...

I have a bonus for March 1st of about 20k, trust me I only worked 100hra extra to earn it...

Do I switch my 401k deduction to 100% for the next 4 weeks to cover that bonus and then take the tax deferred money without a penalty to purchase our first house?
 
#19,779
#19,779
LIvol said:
Ok I need some help on this 10% of your 401k as a down payment on a house.... Someone give me some guidance...

I have a bonus for March 1st of about 20k, trust me I only worked 100hra extra to earn it...

Do I switch my 401k deduction to 100% for the next 4 weeks to cover that bonus and then take the tax deferred money without a penalty to purchase our first house?
Click to expand...

Bit confused by wording. Are you considering a loan or a withdrawal?

If you go to 100% for bonus, you'll likely miss out on company matches for rest of year since you will be at cap.

Is thr down payment needed to avoid PMI or are you still paying PMI?
 
#19,780
#19,780
Not much action after the ONDS announcement this a.m. I hope it will continue a slow burn upwards next week. I cashed my LHX position for 21% gain after a fantastic month. Defense stocks can be so unpredictable that I decided to take my money and run.
 
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#19,783
#19,783
BigOrangeMojo said:
Bit confused by wording. Are you considering a loan or a withdrawal?

If you go to 100% for bonus, you'll likely miss out on company matches for rest of year since you will be at cap.

Is thr down payment needed to avoid PMI or are you still paying PMI?
Click to expand...
I am pretty sure u can slide the 401k withdrawal lever back and forth, no?

20%is usually required to get away from PMI...

Purchasing in April
 
#19,785
#19,785
I tried rolling option contracts for the first time today. Pushed a short call position that was probably going to take my underlying shares out 2 weeks. The strike was 1-2% below the current share price. Pocketed 4% and now have more time to buy back the options to close the position.

It was really easy on Fidelity’s mobile platform. I just entered what net amount that I wanted and it did the rest. I’ll probably do more of this going forward.
 
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#19,787
#19,787
Thunder Good-Oil said:
I tried rolling option contracts for the first time today. Pushed a short call position that was probably going to take my underlying shares out 2 weeks. The strike was 1-2% below the current share price. Pocketed 4% and now have more time to buy back the options to close the position.

It was really easy on Fidelity’s mobile platform. I just entered what net amount that I wanted and it did the rest. I’ll probably do more of this going forward.
Click to expand...

That's a pretty sweet feature.

Schwab's dinosaur interface forces me to keep a spreadsheet on any rolled options so I know what my actual breakeven on a buy to close is.
 
#19,788
#19,788
kiddiedoc said:
Not much action after the ONDS announcement this a.m. I hope it will continue a slow burn upwards next week. I cashed my LHX position for 21% gain after a fantastic month. Defense stocks can be so unpredictable that I decided to take my money and run.
Click to expand...

I'm happy it held above 12 because the hype around an investor day event reeked of sell the news as the week rolled on.

The 25% raised guidance was great, and reading through their power point slides of the details was fun, but people forget that a company can't really sit on positive announcements and wait until a day like yesterday to show their hand all at once.

I think it has a year of upward movement ahead of it. 40 EOY doesn't sound crazy to me at all.
 
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#19,789
#19,789
DinkinFlicka said:
That's a pretty sweet feature.

Schwab's dinosaur interface forces me to keep a spreadsheet on any rolled options so I know what my actual breakeven on a buy to close is.
Click to expand...

Schwab on mobile is better at checking the current price of a limit order. Pull up a list of open orders and the bid/ask/last are all right there.

With Fidelity you have to pull up the open orders (not always all that easy to locate on the platform), but then you have to click MODIFY ORDER and go to another screen to see a quote included. Not that big a deal, but I don’t like going into an order edit screen to simply see the current price. An alternative is to just click the magnifying glass and find the quote, but there are several variables to remember. Stock symbol, expiration, put or call, strike. It’s easy to pull up a quote for a different contract than what’s intended.

But that automated roll on Fidelity by setting a profit as the limit rather than separate buy and sell limit prices is excellant.

I don’t trade options in my after tax accounts so I have no idea how e-trade compares.
 
#19,790
#19,790
ONDS lock up periods expire on 3/10 and 3/13. More selling pressure ahead.

They need to make a profit at some point. They aren’t transforming an industry like AMZN was when they put all of their profits back into growing the company for a couple of decades.

But all of that should be reflected in the share price. As long as they execute as expected in 2026, the 2027 and 2028 projections will be the impetus to the valuation trend in 2026.

Revenue has been all over the place. Since 2020 it was $2.2 million, $2.9, $2.1, then zoomed to $15.7 in 2023 and then cut in half to $7.2 millions in 2024. That’s not a lot of revenue to support a $5.5 billion market cap.
 
#19,791
#19,791
Thunder Good-Oil said:
ONDS lock up periods expire on 3/10 and 3/13. More selling pressure ahead.

They need to make a profit at some point. They aren’t transforming an industry like AMZN was when they put all of their profits back into growing the company for a couple of decades.

But all of that should be reflected in the share price. As long as they execute as expected in 2026, the 2027 and 2028 projections will be the impetus to the valuation trend in 2026.

Revenue has been all over the place. Since 2020 it was $2.2 million, $2.9, $2.1, then zoomed to $15.7 in 2023 and then cut in half to $7.2 millions in 2024. That’s not a lot of revenue to support a $5.5 billion market cap.
Click to expand...

Then ~48M in 2025, and projecting ~170M this year.
 
#19,792
#19,792
I wonder if JPM may go on sale when the market opens tomorrow. In addition to the screenshot, I tend to doubt Trump’s 10% cap on interest rates will happen.

IMG_1969.png
 
#19,796
#19,796
@1RBFjr said:
I wonder if JPM may go on sale when the market opens tomorrow. In addition to the screenshot, I tend to doubt Trump’s 10% cap on interest rates will happen.

View attachment 808175
Click to expand...

The threatening to sue is political theater meant to give red meat to base. Nothing burger for JPM stock.

The only people who think the 10% is a good idea for the economy are a few leftish Dems and Trump. I think Trump will back down here...

The Europe stuff/Greenland is real. If something drives stock tomorrow, it will be this.
 
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#19,798
#19,798
Go aeiou said:
If you are buying stock do you transfer from SGOV to a MM to pay for the stock?
You can't use it like a money mkt and pay for trades directly from it?
Click to expand...
Correct, sales from sgov have to clear to cash first before you can do anything. Some brokerages have mm available for your cash sweep but sgov is not for any I've seen.
 
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