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Talking stocks, trading, and investing in general

ValidusLA

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Is there a number in front of the nine zeroes though?

Yes.
The big question is whether or not we will be able to exit without going or threatening to go secondary.

Best part is, the group I'm in with - this was their initial vehicle, so no carry.
 

amerikajinda

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**** Nasdaq down 5%!!! Dow down 1,000 points!!!
 

venividivicibj

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**** Nasdaq down 5%!!! Dow down 1,000 points!!!
more-kylo-ren.gif
 

otc

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It is making me question my margin strategy though.

M1's borrow rate just went up another 50bps with the fed. In the past couple months it has gone from 2 to 2.75% and I'm not sure they can sustain that. I'd hate to have to trim my positions right now, but if rates keep going up, I don't think it makes sense to keep borrowing a bunch of money to invest.
Screw it, just borrowed more instead. Buy buy buy
 

Piobaire

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Borrow to buy? This is the way.
 

venividivicibj

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I don't understand the Amazon drop - if not for Rivian, they would have hit target. Stock is down something like 30% ytd. Shouldn't be that far down, even if just because of AWS.
 

jbarwick

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I don't understand the Amazon drop - if not for Rivian, they would have hit target. Stock is down something like 30% ytd. Shouldn't be that far down, even if just because of AWS.

Over 40% from ATH in Nov. My buddies with >50% of their NW tied to AMZN and their employment are a little sad. Especially since they usually sell shares to fund their lifestyles and historically base salaries were capped but has been raised recently.
 

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