Investing Strategies. What is your move?
- Thread starter PimTac
- Start date
Buy Now, Pay Later (BNPL) type of loans have grown a lot in the past few years.
Some parents are now using BNPL to pay for their kid(s) summer camp.
https://www.foxbusiness.com/lifestyle/summer-camps-sports-leagues-buy-now-pay-later-bandwagon
” Justin Passalaqua, country director for Worldline, which is the fourth-largest payments provider in the world, told FOX Business that 4,000 camps and 1,500 sports leagues around the country have already signed up through providers using Worldline's services.
More than 1,800 child care services have also jumped on the bandwagon as inflation continues to weigh down household budgets. “
Some parents are now using BNPL to pay for their kid(s) summer camp.
https://www.foxbusiness.com/lifestyle/summer-camps-sports-leagues-buy-now-pay-later-bandwagon
” Justin Passalaqua, country director for Worldline, which is the fourth-largest payments provider in the world, told FOX Business that 4,000 camps and 1,500 sports leagues around the country have already signed up through providers using Worldline's services.
More than 1,800 child care services have also jumped on the bandwagon as inflation continues to weigh down household budgets. “
More commercial real estate walkaways.
Westfield is abandoning the San Francisco Centre after their decision to stop paying on the loans.
This is not the only mall they are walking away from. They want to get out of the mall business.
https://www.sfchronicle.com/bayarea/article/westfield-giving-san-francisco-mall-18148102.php
Westfield is abandoning the San Francisco Centre after their decision to stop paying on the loans.
This is not the only mall they are walking away from. They want to get out of the mall business.
https://www.sfchronicle.com/bayarea/article/westfield-giving-san-francisco-mall-18148102.php
Good news for sure, but a long ways to go. Soft landing? Who the heck knows.
My portfolio seems to like it... Wish I had more TSLA. Up 140% YTD. Bring home the groceries!
JHZR2
Staff member
I’ve stayed at the Hilton mentioned there. It’s bordering the tenderloin or some other bad part of town. It was an issue 15 years ago.
Not really though.
https://wolfstreet.com/2023/06/13/f...g-used-vehicle-cpi-spikes-but-energy-plunged/
This backs what I've been saying about jacking rates not being some magic bullet:
https://wolfstreet.com/2023/06/10/5...gher-borrowing-costs-cut-spending-and-on-net/
Jacking up rates will work when the spending is also cut. Unfortunately we didn’t get the second part.
The Fed has paused as expected but Powell says that more rate hikes are coming.
They are between the rock and the hard place. The commercial real estate sector is in real danger here with higher rates yet the Fed needs to raise to hold off inflation.
The markets are smelling blood.
They are between the rock and the hard place. The commercial real estate sector is in real danger here with higher rates yet the Fed needs to raise to hold off inflation.
The markets are smelling blood.
The markets don’t know to poop or get off the pot
Dunno, my portfolio is pretty content right now...
Classic melt up. Will continue to do so until something actually happens - good or bad.
Dunno is about right.
If you actually look at the S&P only like 80 stocks are above the overall average YTD, and like half the stocks in the index are negative YTD - even though the index itself is up 20%+ Weird.
I dunno either.
Dunno is about right.
If you actually look at the S&P only like 80 stocks are above the overall average YTD, and like half the stocks in the index are negative YTD - even though the index itself is up 20%+ Weird.
I dunno either.
The first of my $100K 3 mo CD, 5% and above, matures tomorrow in one of my IRA brokerage accounts. Just curious to see how timely it is. What, around $1250 or so? No great shakes, but safe from me losing it!!
I just bought a 17 week T-bill with an APR of 5.4%. I have been laddering out some money I might need in a year or two. I was also thinking I was doing quite well - until you realize your still loosing to inflation 
Indeed.I just bought a 17 week T-bill with an APR of 5.4%. I have been laddering out some money I might need in a year or two. I was also thinking I was doing quite well - until you realize your still loosing to inflation
I need a better way to get T-bills in my IRA's - the selection SUCKS with Fidelity. There are no 17 week 5.4% Tbills. Some ****ty zero coupons that are no great bargain at maturity.
Hmmm, I am buying mine through fidelity - but its not a retirement account.
If you have the same options as me - if you go under "News and Research" == Fixed income == new issues (this one is midway down the page in a line of other stuff) scroll down and the first option is treasury. I see this. first is a 4 week then 8 week, then it looks like a 5 year note. There expected yield is way off always - no idea why. If you go to treasury direct you can see all the most recent auction results (click on the auction results tab) https://www.treasurydirect.gov/auctions/upcoming/
I see those as well, but to buy the zero coupon bonds seems silly. They sell so near par or at par!
"Attention:After market close (After hours, weekends, holidays), the matching results shown are for modeling purposes only, cannot be traded, and no longer reflect actual inventory."
The prices in the AM I will check again. 99.9 and such....
Vs:
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