kjacksonp

trading at 489 presently.

I'm going to sell a few shares to secure a profit and sit tight. I expect a big correction at any point. Cannot see the basis for this mercurial rise.

I've been putting a few hundred per month into their other investments for 2 years, so when an opportunity to buy a few shares of this came up pre-listing I bought 50 plus shares @ 18. I sold 6 today at 162 today to recoup my initial outlay.
i wish I had put in 100K instead of 1K :lol:

Opened in the 30's, now 110

Anyone familiar with this company?

I think 25% is more reasonable for a young buyer starting out, especially if they are single or single income, and ESPECIALLY with any kids.
But even a two income family is better off buying small and saving than living at the limit, because the emotional tax on being on the verge of broke is greater than the reduction in lifestyle of a smaller abode.

We bought our third home in 1979 at 10.5 % interest (thank you Mr. Carter) and that was a total payment (p and i, plue taxes and insurance) of under 25% of my gross income, but I had two kids and one in a private school so it was still to much house for comfort. 30% is crazy to me, even at less than 5% interest.

As a senior trying to navigate getting things to a point where my children are not overwhelmed with these matters, I appreciate you taking the the time to record this information in a succint manner.
My wife and I have a recent will and revocable trust and a POA for financial matters.
The only possible disagreement I might have with you is more a personal choice on my part: I do not have a living will or a Health POA. My reasoning: Having been in medicine for over 50 years as a physician and having watched decisions made by families and physicians be made based on discomfort and a need for closure rather than exhibiting patience and giving a potentially recoverable patient a chance to recover, I want TIME to recover; if that prolongs a hopeless situation, I'll risk that. But, again, that's a personal choice based on past observation and goes against the general advice of most attorneys.

Wait until your 74 and see how well that goes over with you. 25% of practiciing physiciians are over the age of 65--if they all retired, there would be a disastrous shortage of medical care availability in this country. Respect your elders, don't try to put them out to pasture. :geauxtigers:

Except he needed to study how LSU defended Johnny Football back in that era. Running QB's roasted us for the last two seasons.

If you look at two year spans and stick to ETFs like SPY, QQQ, and some others, its very hard to find a period where there was a two year loss. If one buys out of the money but greater than two years out, I think there is a reasononable (greater than 50%) chance of gaining some appreciation in the price of the option. Not expecting to exercise it; that is, not expecting it to reach the call price frequently, but with some modest upward moves in the market the options can be sold at a profit and rolled into a later expiratioin date.
But what dio I know? I have risked about 20K doing this and have made aboiut 20K over all this year, BUT a major downturn would probably wipe most of that out. Not claiming to be an expert, just trying to see if others have looked at those long term curves and LEAPs.