Money & Economics

[bigredfish]

And there ya go. In the footnotes. ..My biggest single fear

Anyone else sitting on some Athene annuities?
Now to decide whether to take the penalty and cash them in.... year 3 of 5yr fixed rate annuities

And its not JUST Apollo/Athene - likely your Insurance company is holding as well.

 

[bigredfish]

^^^^^^
Interesting I called my broker at JPM who sold them to me, he agrees it’s something to watch closely. One if his most popular fixed income offerings.

Get this. When I bought them 3 years ago, best rate was 5.25 for 5 years

Today they are offering 5.85 for 3 years…

 

[bigredfish]

 

[bigredfish]

 

[bigredfish]

Go SCHD..... finally!

@MikeLud1

 

[bigredfish]

Huh. Gee

 

[bigredfish]

In other words "Oil is at $93 and heading to $100. Quick tell them negotiations are going well and no war till later"

 

[MikeLud1]

Go SCHD..... finally!

@MikeLud1

View attachment 250129

I saw the move to day, I should have my 401K check tomorrow so hopeful it does not move much more so I can get in while it is still low. Back on Monday the low was $32.36, $0.36 off my prediction of $32.00

 

[bigredfish]

Yeah it was hard to sit out and watch

 

[MikeLud1]

Yeah it was hard to sit out and watch

I am still down -$4,484.41 from my large purchase

 

[bigredfish]

Yeah I knew you had taken a hit. I ate a bunch too.

Today was interesting. Bond yields may have peaked? And some of the shiny got washed off the AI toys. May be a good re-entry point.

Oil still a headwind.

 

[bigredfish]

Big deal

 

[bigredfish]

May have to buy a little SPCX tonight

 

[bigredfish]

Ah what the hell, in for 100 @ $164.86

 

[MikeLud1]

Ah what the hell, in for 100 @ $164.86

I think it is still going to drop some more, you might see $150.00 tomorrow.

 

[bigredfish]

Of course!
Yeah that one is pure close my eyes and look at it in a year

If he can pull off the network AND a phone he might make a go of it.

 

[Chokolinho]

What do you guys think about Micron? I'm still thinking about opening a long position at $1,015.

 

[bigredfish]

I'm the wrong guy to ask as I dont play individual stonks much and I don't generally short.
But If I had an extra $50K+ to play with I'd sure be looking at shorting many of the big AI focused companies now.
(I know thats blasphemy and I'll be called an idiot from others besides my wife)

5-10 years from now much like Internet stocks in 1999 there will be a few big winners, but I think 70% of them will come back down to earth in the coming 1-3 years

 

[bigredfish]

Rut Ro

 

[MikeLud1]

Yeah it was hard to sit out and watch

I received my 401K check, let the buying begin. I just bought 750 shares of SCHD at $33.01 more to come.