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Posts By fasdit
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Money Talk
re: What stop-limit do ya'll typically use? - fasdit
Let's assume I want to buy $1000 of Twitter stock. The future of this company is not entirely sound at this point because while they are popular and growing on the stock market, they have high operating expenses and have never posted a profit. It's trading around $52 right now. What is a good st...
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Money Talk
What stop-limit do ya'll typically use? - fasdit
First of all I realize the answer will vary depending on numerous variables such as company fundamentals, volatility, holding period, number of shares, etc. I am searching for recommendations on unacceptable percentage of loss for a tech stock with a planned holding period of 1 - 3 years. Fo...
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Money Talk
re: Is Twitter a buy? - fasdit
Update On Friday Twitter stock shot up 16% - one day after the release of quarterly earnings. Their revenue doubled from the previous quarter and substantially exceeded estimates. And most of the gains were from increased ad revenue. What is more interesting from the report is that user base...
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Money Talk
re: Is Twitter a buy? - fasdit
You seem to be suggesting that Twitter and Facebook cannot mutually exist as valuable social media companies?...
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Money Talk
re: Oil, Copper and Iron Down, How far will they go? What stocks to get? - fasdit
[quote]I've been looking at FCX as well. Around $19 now. Most analyst say its 12 month target is around 40. Lower P/E ratio and pays a decent dividend. Anyone buying this stock now and holding. If not now, why not , and when would you get in? Just wanted y'all's opinion. Thanks.[/quote] No,...
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Money Talk
Is Twitter a buy? - fasdit
I have been watching Twitter closely for the past 3 months and am considering buying and holding for 1 to 3 yeras. The price appears to be stabilizing around $40. A quick summary of the facts. 1. Twitter has not made a profit since IPO, but is narrowing the gap between break even. 2. Twitte...
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Money Talk
re: American Express Personal Savings - fasdit
Fabulous. Thanks for the info. It doesn't seem like the AMEX savings account would have brick and mortar service centers. Does anyone know how you would withdraw cold hard cash from an account like this?...
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Money Talk
American Express Personal Savings - fasdit
The other day I received a letter from AMEX indicating that they now have a high yielding savings account available to card members. No monthly maintenance fee FDIC Insured $250K/depositor Fine print indicates that APY can change at anytime for any reason. Hahah they all say this, right? T...
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Money Talk
re: Tax Deduction - New Laptop - fasdit
[quote]Taxing Tiger Unreimbursed employee business expenses are deductible. However, only those amounts in excess of 2% of your Adjusted Gross Income are includable as an itemized deduction. [/quote] Wonderful! My income is low enough that this purchase will meet that requirement even if I only ...
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Money Talk
Tax Deduction - New Laptop - fasdit
Does anyone have experience taking the price of a new laptop as a tax deduction? More specifically a laptop that is used 50% of the time for work and 50% of the time for personal. I will be purchasing a new one before the end of the year at around $1200. I understand that if I was running a smal...
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Money Talk
re: Flat fee payment processing with BitPay - fasdit
I'm not suggesting that they would necessarily jack their spread that high though. I mean, if they want to compete with traditional electronic transactions on [b]only[/b] the basis of cost (and not anonymity!) then it would be in their best interest to set their spread so that it would always transl...
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Money Talk
re: Flat fee payment processing with BitPay - fasdit
[quote] WikiTiger If $5 equals .04 bitcoins and BitPay quotes a price of .042 bitcoins, well, people aren't stupid. They will pick up on these things, especially if it's a standard practice. [/quote] I can envision a possible scenario where BitPay is the only payment link between the merchant's ...
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Money Talk
re: Airline CCs for low spenders - fasdit
Update. I've ruled out the Delta AMEX Gold as a choice. Apparently they recently ditched the $99/yr companion credit for airline tickets. With this in mind and after crunching the numbers to estimate my rewards at my rate of spending this card simply is not a good value compared to other offering...
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Money Talk
re: Airline CCs for low spenders - fasdit
[quote]40Rouge Since you don't use a credit card too much, it's not going to matter if you get an airline specific card or just an overall rewards points card. You're not going to realize any perks any time soon.[/quote] That was basically the same conclusion I came too after a quick calculation...
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Money Talk
re: What to do with zero balance store credit cards? - fasdit
I was wondering about this too. I have one CC with zero perks and am seriously considering dumping it in favor of a rewards based card. Is it really true that my debt/limit ratio will increase if I leave a second card open, but [b]never[/b] use it?...
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Money Talk
re: Airline CCs for low spenders - fasdit
The Capitol One Venture card does look nice. I'm still leaning towards the Delta Gold AMEX. I am going to plug both of them into a spreadsheet and attempt to estimate my real world rewards earnings minus annual fees over a period of 5 years. I've heard that there is a way to get a targeted of...
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Money Talk
Airline CCs for low spenders - fasdit
I am considering opening a frequent flyer miles credit card, but I am not a big credit spender. Many of these programs appear to be skewed in favor of people who spend a lot and fly a lot. Is there any room for the little guy? I would appreciate some advice from the pros on Money Talk. The Delta Gol...
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Political Talk
re: Gary Johnson hurts Obama - fasdit
I am voting for Johnson.... and would have voted for Obama otherwise. Romney's old fashioned charge of religious ideology and pro war on drugs is a deal breaker for me. ...
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Money Talk
re: I cannot figure out the logic of this. - fasdit
Angry Beavers, Have you simply tried asking your warehouse workers in person? Probably way more effective then us speculating. ...
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Money Talk
re: Need legal/financial advice: I sold a car on ebay motors - fasdit
I own and have possession of the car and title. The title is still in my name. I stated that I had the title and full ownership of the vehicle in my listing...
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Posts By fasdit
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