Lol, not me per se, but I do have some shares in one stock in particular. But I do think it all depends on if the House and the Senate can agree on a bill. If/when they do pass one we will see some of those stocks go sky high.
yep. they expect to begin trading June 6th at a split adjusted price of $145. I have some now and may buy more at the new price. They are also doing a 10 billion dollar stock buyback which should increase/support share value. They don't pay a dividend so have plenty of cash. Alphabet (Google, YouTube et. al) is doing the same 20-1 split - in mid-July I think and will likely sell in the mid $130's.
I know this isn’t as exciting as crypto or meme stocks, but for anybody who is sitting on substantial sums of money at the bank, you may want to look into ibonds before April ends. Individual - Series I Savings Bonds The current six month rate is 7.1% and the next 6 month rate should be even a bit higher. So if you buy before the end of April you are pretty much guaranteed a year at over 7%. You can buy up to $10,000, a spouse $10,000, if you have a trust another $10,000, or a business another $10,000 and you and your spouse can buy each other a gift and leave it in your “gift box” until 2023 for another $10k each. Do you have a trust? Like a revocable living trust? Each trust can by $10k (via entity account) Do you have a business , including self employment? Your business can by $10k ( via entity account) Then you can buy gifts for others to hold in your “gift box”. So you and your wife each by ibonds for each other, now, keep them in your gift box , and gift them to each other in 2023. That gift in 2023 will use up your 2023 purchase allocation, but if rates are still good you can buy gifts for 2024. In theory if you had a ton of cash and didn’t need it for a few years you could buy several years worth of gifts for each other and lock in these good rates at least for this year. Buy I Bonds as a Gift: What Works and What Doesn't Buy More I Bonds in a Revocable Living Trust Buy I Bonds for Your Business: Sole Proprietorship, LLC, S-Corp
The Treasury Direct website was a mess IMO. I was trying to link multiple accounts for purchases of $10,000 and it made all of the purchases in my account, so of course the other purchases were rejected, saying they had 'exceeded the annual purchase limit of bonds' and my money would be refunded in 8-10 weeks. Cant get anyone in person and email requests get rejected every time. Frustrating.
Read about this today in WSJ. 7+% guaranteed sounds pretty dang good - almost the rate of inflation. I looked at the online signup at treasurydirect.gov but haven't pulled the trigger yet but I probably will. Have some in a bond fund that has neither made nor lost money that might be better in a Series I bond. Interesting factoid Al Gore was instrumental in sponsoring the bill that created I-bonds.
Maybe he thought that the "I" in I-bonds stood for "internet," and that's why he claims to have helped create it.
People frequently complain about the website. It is not as slick and intuitive and some sites and has a mildly annoying mouse clicking procedure for the passwords, but I have never had any issues. I have heard never use the back browser for all hell breaks loose. Not sure what is going on here. Your account has to be separate from wife’s account. Any business or trust account has to be separate. The $10k limit applies to each account. I’m not sure what you are referring to by linking accounts. I have never used their phone support. I’ve generally heard good things, but given the current and new rates they may be flooded with activity right now.
The only negative issue Ive ever had with the site is forgetting and using the back arrow, which basically forces you to start over. Well, that and remembering my password(s).
I had never come across the key click password input before. I guess they were looking for an easier way for people to steal your password
I guess that would help defend against a keyboard logger but I’m not sure it really provides any more security. It’s a very minor nuisance that seems to blow some people out of the water.
Avoid people like Cramer. Do your own thinking. Last year Cramer displayed his “Magnificent Seven” stocks. 6 have been killed… one left. $TSLA
Did you bother to watch the video? From October 2020, he says these stocks are unhinged from earnings, won’t last forever, and are buys until we turn the corner in the pandemic. All true statements. All but zoom topped out months later and there were opportunities to sell at higher levels.
