# Where do you invest your money? **URL:** \ **Category:** Off-Ramp\ **Created:** [September 30, 2018, 4:02am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760 "2018-09-30T04:02:01Z")\ **Posts on this page:** 20\ **Page:** 63
**Author:** ![njc](https://leasehackr.b-cdn.net/letter_avatar/njc/32/5_5575768a8748004e209b776fc1b2916d.png) [@njc](https://forum.leasehackr.com/u/njc)\ **Post date:** [June 22, 2021, 3:43pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1279 "2021-06-22T15:43:32Z")
They have it from 2008 house flipping enterprises. ---
**Author:** ![Traderx](https://leasehackr.b-cdn.net/letter_avatar/traderx/32/5_5575768a8748004e209b776fc1b2916d.png) [@Traderx](https://forum.leasehackr.com/u/Traderx)\ **Post date:** [June 26, 2021, 1:47pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1280 "2021-06-26T13:47:04Z")
There are more agents than houses for sale. Very lucrative sector to be in right now, haaaa. The amount of competition to get a close isn’t worth it. Eventually this market just like all other markets will correct heavily. ---
**Author:** ![spockvr6](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/spockvr6/32/183857_2.png) [@spockvr6](https://forum.leasehackr.com/u/spockvr6)\ **Post date:** [June 26, 2021, 3:26pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1281 "2021-06-26T15:26:49Z")
> [@Traderx](#): > > Eventually this market just like all other markets will correct heavily. And in the meantime, while it lasts, buy and sell jeeps, LOL. ---
**Author:** ![Jrouleau426](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jrouleau426/32/195763_2.png) [@Jrouleau426](https://forum.leasehackr.com/u/Jrouleau426)\ **Post date:** [June 26, 2021, 4:18pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1282 "2021-06-26T16:18:47Z")
I have friends that are agents and being a buyers agent right now is horrible. They have to write up 20 offers before people get a house. Listings are amazing but for most agents that’s few and far between. Some brokerages are cleaning up shop out there though. I know some are writing bonuses into the contract to keep 10% of the over asking price offers. Real estate agents are mostly worthless IMO, I figured the internet would have weeded that industry out by now but the National association of realtors is very very powerful. 10% of the gross to buy and sell is a major rip off. Kills profits and houses sell themselves these days. I don’t see any substantial real estate correction absent a financial event. Rates are too low, the market is very high (easy to make down payments with profits) and there’s still a huge shortage. Maybe if landlords are finally allowed to evict tenants that will help with inventory but I don’t see a crash with a large market drop and interest rate hikes to above 4.5-5% ---
**Author:** ![cyak](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cyak/32/77993_2.png) [@cyak](https://forum.leasehackr.com/u/cyak)\ **Post date:** [June 26, 2021, 4:40pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1283 "2021-06-26T16:40:35Z")
We’re due for a correction/rebalancing with the quarter wrapping up, I’ll personally be somewhat passive with my trades this coming week; focus on only 1-2 tickers. With Bitcoin and other crypto slightly dipping after the Eth options were liquidated Friday; if this continues Tesla will have to report a massive Q2 loss, even if it’s on paper. If BTC is at $29,500 at the end of June Tesla will have to report a loss of at least $90M. Ruh roh Elon. In other news airlines are a giant flaming pile of trash and keep cancelling flights and I’m not even sure how they’re staying in business 🤦🏻‍♂️ NVDA was a monster this week too! Keep an eye on Cateriller (CAT)and Vulcan Materials (VMC) with the new infrastructure Biden passed. ![image](https://leasehackr-assets.b-cdn.net/original/3X/8/1/81764ef62fabe0235aa752cff5bba203ca2e313d.png) ---
**Author:** ![sharksfan15](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sharksfan15/32/104097_2.png) [@sharksfan15](https://forum.leasehackr.com/u/sharksfan15)\ **Post date:** [June 26, 2021, 4:45pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1284 "2021-06-26T16:45:52Z")
Agreed on all fronts except that the NAR was not powerful enough to fend off the SALT deduction cap but it turns out it didn’t matter. ---
**Author:** ![Jrouleau426](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jrouleau426/32/195763_2.png) [@Jrouleau426](https://forum.leasehackr.com/u/Jrouleau426)\ **Post date:** [June 26, 2021, 4:54pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1285 "2021-06-26T16:54:19Z")
Yeah that’s def getting reversed and will lead to even higher pricing most likely. ---
**Author:** ![Jrouleau426](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jrouleau426/32/195763_2.png) [@Jrouleau426](https://forum.leasehackr.com/u/Jrouleau426)\ **Post date:** [June 26, 2021, 8:56pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1286 "2021-06-26T20:56:27Z")
I’ve been burned in the past shorting Carvana stock, cvna, but last week I dipped my toes in for some more and am up about 6%. Do you guys think they can maintain the sales they’ve had with these shortages? Also with all these companies not allowing them to buy their cars now? I’m not bullish the American consumer and I know they do no research and pay 10% for auto loans (how Carvana makes their money). But this company seems way way overvalued and I don’t trust management at all. The ceos dad who heavily invested in the company has been to jail for fraud, of course he got to keep his millions. I have very tight stop losses on this thing but I think it drops sub 200 pretty quick. If not I’m not willing to risk more then 330 on the upside. I have some puts on it as well. ---
**Author:** ![jeisensc](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jeisensc/32/224821_2.png) [@jeisensc](https://forum.leasehackr.com/u/jeisensc)\ **Post date:** [June 26, 2021, 9:27pm UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1287 "2021-06-26T21:27:55Z")
I have a strict “no short plays” rule, but I feel like one of these newer car buying services won’t survive this without some kind of event (bk, acq, restatement, or my favorite flushing the leadership team to put 💄 on the 🐖). These balance sheets will not love a market price correction when it eventually hits, they need to clear the lots: ![image](https://leasehackr-assets.b-cdn.net/original/3X/2/f/2fe7d9597e8ba10c46704e64868d96ee04c784ed.jpeg) ![image](https://leasehackr-assets.b-cdn.net/original/3X/a/b/ab02997c325d32430b3b3ac2929c5e555f5a223c.jpeg) ![image](https://leasehackr-assets.b-cdn.net/original/3X/0/e/0e6e022c161eabcd77f0e38644029b19ad3bf26b.jpeg) ![image](https://leasehackr-assets.b-cdn.net/original/3X/5/0/502f289159c1d36b400e78944fa46e3e74d9e667.jpeg) I have a separate watchlist for primary and secondary auto markets, it’s interesting to watch how differently their stock prices move. ---
**Author:** ![Pavvvlo](https://leasehackr.b-cdn.net/letter_avatar/pavvvlo/32/5_5575768a8748004e209b776fc1b2916d.png) [@Pavvvlo](https://forum.leasehackr.com/u/Pavvvlo)\ **Post date:** [June 27, 2021, 1:21am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1288 "2021-06-27T01:21:14Z")
Not sure companies like carvana will belly up anytime soon. My brother just bought 45k BMW having 2 year old credit history. APR 4% 72 months. If banks are willing to finance car buyers, carvana will be making money. On the other hand if comes to investing im heavily invested in WISH. I know its meme stock, but I like it. Im buying lot of merchandise there for my business (small stuff for example POP ITs ) Its way cheaper what my suppliers offer. Once they organize better delivery system this company will be big ---
**Author:** ![jeisensc](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jeisensc/32/224821_2.png) [@jeisensc](https://forum.leasehackr.com/u/jeisensc)\ **Post date:** [June 27, 2021, 1:36am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1289 "2021-06-27T01:36:41Z")
> [@Pavvvlo](#): > > My brother just bought 45k BMW having 2 year old credit history. APR 4% 72 months. If banks are willing to finance car buyers, carvana will be making money. Sure but Penfed for instance is 3.39 for 72 months, other banks I’ve seen as much as 3.89. So depending on whether it’s their money or not on the lend, it’s a quarter to a half point of back-end, which isn’t nothing, but not paying the bills either. We have lots of reports of the buying services overpaying for cars, so on your brothers (and we can’t know) - what do thet own it for? - what was their carrying costs from acquisition to delivery - total front and back-end gross The stock prices are not at all reflective of gross/net per transaction, but - top-line revenue - bs and cf - marketshare - most important, sizzle (car vending machines anyone?) The question the next 90 days is, how to maintain average transaction margin and revenue while drawing-down their engourged inventories. And I’m waiting for someone to _really_ get into their cost structures. ---
**Author:** ![ApexHunt](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/apexhunt/32/253347_2.png) [@ApexHunt](https://forum.leasehackr.com/u/ApexHunt)\ **Post date:** [June 27, 2021, 1:58am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1290 "2021-06-27T01:58:57Z")
Speaking of Carvana they just paid 5.8 million for a plot of land to build a “vending machine” in Denver. I may have to take a deeper look into the FS’s at some point. ---
**Author:** ![jeisensc](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jeisensc/32/224821_2.png) [@jeisensc](https://forum.leasehackr.com/u/jeisensc)\ **Post date:** [June 27, 2021, 2:12am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1291 "2021-06-27T02:12:42Z")
> **[SEC Filings](https://investors.carvana.com/financial-reports/sec-filings)** > > SEC Filings Yeesh a lot of Form 4 stock sales. Skip to the quarterlies for the goods: [https://otp.tools.investis.com/clients/us/carvana/SEC/sec-show.aspx?Type=html&FilingId=14932215&CIK=0001690820&Index=10000](https://otp.tools.investis.com/clients/us/carvana/SEC/sec-show.aspx?Type=html&FilingId=14932215&CIK=0001690820&Index=10000) > Liquidity > > The Company has incurred losses from inception through March 31, 2021, and expects to incur additional losses in the future as the Company continues to build inspection and reconditioning centers (“IRCs”) and vending machines, serve more of the U.S. population, and enhance technology and software. Since March 31, 2020, the Company has completed equity offerings of approximately 18 million shares of Class A common stock for net proceeds of approximately $1.1 billion and has issued a total of $1.7 billion in senior unsecured notes due between 2025 and 2028, from which approximately $627 million of the proceeds were used to repay its senior unsecured notes due in 2023. As of March 2021, the Company’s forward flow partner has also committed to purchase a total of $4 billion of the Company’s finance receivables through March 2022. In addition, the Company has a $1.25 billion floor plan facility effective through March 31, 2023. Management believes that current working capital, results of operations, and existing financing arrangements are sufficient to fund operations for at least one year from the financial statement issuance date. ---
**Author:** ![ApexHunt](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/apexhunt/32/253347_2.png) [@ApexHunt](https://forum.leasehackr.com/u/ApexHunt)\ **Post date:** [June 27, 2021, 2:27am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1292 "2021-06-27T02:27:45Z")
Whoever is underwriting 1.25B floor plan is most likely on the receiving end of auto loan portfolios or auto loans. While the auditor ( Grant Thornton ) didn’t flag it as a going concern in 2019, it looks like it came close. Advertising budget is massive as well. States they are looking to sell 2mm cars per year. Ideally at some point it turns profitable. ---
**Author:** ![cyak](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cyak/32/77993_2.png) [@cyak](https://forum.leasehackr.com/u/cyak)\ **Post date:** [June 28, 2021, 12:30am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1293 "2021-06-28T00:30:27Z")
Keep an eye on BA (Boeing) this week, just announced United will buy 200 Boeing Airbus aircraft. Good value rotation. ---
**Author:** ![jeisensc](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jeisensc/32/224821_2.png) [@jeisensc](https://forum.leasehackr.com/u/jeisensc)\ **Post date:** [June 28, 2021, 12:44am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1294 "2021-06-28T00:44:04Z")
Also that the 777-x is delayed - again. > **[FAA notes safety concerns over new Boeing 777X: reports](https://www.msn.com/en-us/money/companies/faa-notes-safety-concerns-over-new-boeing-777x-reports/ar-AALvMHx)** > > The Federal Aviation Administration has reportedly told Boeing Co. that an updated version of its 777 long-haul airliner is not ready for certification, and... I did add BA to my retirement accounts at $178, at this level ($249)? 🤷🏻‍♂️ ---
**Author:** ![CarRhino](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/carrhino/32/70226_2.png) [@CarRhino](https://forum.leasehackr.com/u/CarRhino)\ **Post date:** [June 28, 2021, 1:47am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1295 "2021-06-28T01:47:41Z")
Let the shorts pile up, then let the smart money rip it higher with that booster fuel from the shorts. After the pump, let the BA fly. ---
**Author:** ![Meximoney](https://leasehackr.b-cdn.net/letter_avatar/meximoney/32/5_5575768a8748004e209b776fc1b2916d.png) [@Meximoney](https://forum.leasehackr.com/u/Meximoney)\ **Post date:** [June 28, 2021, 3:28am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1296 "2021-06-28T03:28:39Z")
I’ve been buying PFE stock and 3-4 mo dated call options on the dips, they are basically printing $$$ with Covid vaccine business and expect this revenue stream to continue longer than most think. In the future may be leveraging MRNA tech for other diseases/illnesses. Have accumulated in the 32-38 / share range. Year end target $45+. . Pays a dividend. MRNA and BNTX are also interesting but they are very high risk/high reward lottery type plays that have already exploded in value. Not investment advice, DYOR. ---
**Author:** ![cyak](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cyak/32/77993_2.png) [@cyak](https://forum.leasehackr.com/u/cyak)\ **Post date:** [June 29, 2021, 1:21am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1297 "2021-06-29T01:21:49Z")
NVDA and FB were monsters today. Seeing a big uptick in purchases/chatter both options and stocks for ZM and MRNA. With travel being hammered too, it’s looking like some big market makers feel Covid will be returning in some manner. UAVS is something I’m personally going long and adding to until September/November; birdie has informed me of some big news 👀. CARV is officially the most shorted stock at 70% keep an eye on that ticker too… SPY/QQQ should melt up this week with a strong tech push. ---
**Author:** ![jeisensc](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jeisensc/32/224821_2.png) [@jeisensc](https://forum.leasehackr.com/u/jeisensc)\ **Post date:** [June 29, 2021, 1:31am UTC](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760/1298 "2021-06-29T01:31:21Z")
Estate planning needs to include your private keys: > **[One of the largest owners of bitcoin, who reportedly held as much as $1...](https://www.marketwatch.com/amp/story/one-of-the-largest-owners-of-bitcoin-who-reportedly-held-as-much-as-1-billion-is-dead-at-41-reports-11624904721)** > > Billionaire bitcoin owner Mircea Popescu has reportedly died, leaving behind a cache of virtual currency and a controversial crypto legacy. [Previous page](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760.md?page=62) [Next page](https://forum.leasehackr.com/t/where-do-you-invest-your-money/68760.md?page=64)