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PaperclipPerfector  4mo ago (text post)   28502 thread views

Culture War Roundup for the week of June 24, 2024

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I made the same “mistake” on novo nordisk and passed it up for the same reasons

On March 9th I posted a comment talking about how I had in the past prematurely dismissed the remaining upside on Nvidia.

Ironically if I had just bought some the very next Monday I'd be up 48% right now in under 4 months. Hindsight eh.

Exactly what happened to me. Always painful, but you never know. Still don't, really, it could all come crashing down and the guys all-in on colloidal silver and bullets will be laughing at us.

I put every penny of this year's 401k contributions into a short term Treasury ETF anticipating pre-election rate-cuts, only for it to stay flat as my existing holdings gained 20%.

Flat? Short term treasuries are still over 5%, which isn't large but is better than flat. I've been keeping (non-tax-advantaged) cash in them because they're state tax free.

I know you're the wrong guy to ask with where you live, but I actually need to find a "Treasury-like" option for people without state income tax.
It's kind of a waste having your yield driven down by people who are benefitting from the tax reduction.

Honestly I'm just holding new money in a 5% money market fund now.

It's kind of a waste having your yield driven down by people who are benefitting from the tax reduction.

I buy them non-competitively, so don't blame me.

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