i get a big depost into mine next month sometime. thats one positive to getting crushed right now i guess
cant help but think theyre already on the decline, at least as far as a growth cycle goes. pretty amazing actually, but theyre being gashed by competitors.
Plus it has to sit in there for (I think) 7 business days before you can withdraw it for AML purposes. With the holiday, I'm still waiting to pull out some money I put in two weeks ago to put to other purposes.
Idk. It's looking like their management has already conceded that things won't be better the rest of 2016 nor in 2017.
Nice oil rally these last two days. But don't go too high... I like 50 hour weeks. $40 is the perfect balance. Also lol shocks ORIG call. Offshore drillers were all down today cause theres no hope.
Why aren't you busy? I keep reading about imminent bankruptcies and many drillers need to sell assets to survive. Shit, Chesapeake should have every single well for sale.
anyone looking at any long buys in biotech right now? Pretty unfamiliar class for me but I was told there is some value that can be found there right now.
Our bread and butter is capital markets (equity and bonds). We're somewhat separate from our assets and divestitures shop. They do all the land deals, type curves etc. Also we don't focus on restructuring (ie Lazard). Obviously we're working on some other things (mainly JVs with private equity) but its just a whole lot slower than even last year. Even at $60 oil I had 100 hour weeks and I'm not even at the bottom of the totem pole.
for real? because gold has been like the worst place to be in the last 5 years but his basis in gold I'm sure is decades old - so he's probably still good in the short/intermediate term, though - this just isn't correct at all
I think he was talking about that particular day. Equities were tanking, and gold was having a record day.
Have you looked into JUNO? I like it down here in the low $30's. Its bounced between low $30's and upper $40's a few times.
I don't understand why people play in biotechs. It sure isn't investing unless you are a doctor. This company has no free cash flow and isn't expected to have any in the near future.
On the simple level its more risk = more reward. I understand what you are saying in that it might not be a suitable investment for everyone but he specifically asked about Biotechs and JUNO is one that I follow. Its certainly an investment, just maybe not one with the risk reward profile you are looking for.
Any budget wizards in here that are paid on an every two weeks schedule? How do you set up your budget?
My wife is. My advice is budget like you only get paid twice a month and enjoy the extra paycheck two times per year. That probably isn't the answer you want to hear though.
That's what I figured, but when do you determine exactly when you can "take" the extra paycheck? do you base it on the months with 3 checks or base it around the dates of your bills?
I'm not sure I follow. I guess I just base it on months with 3 checks. I do look ahead to see which months will have 3 paychecks (April and September this year), but I don't really try to time my expenses around those months or anything. Basically I just tell myself that if I can't afford it in a 2 paycheck month I shouldn't buy it.
I feel like budgeting would actually be pretty hard. I do get paid once a month though so I guess it would be easy to make one.
Regarding budgeting...I have mastered my excel file where I reconcile it with my bank statement periodically. Each row is a day and each column is a specific account (income/expense) broken in sub categories. It's a great way to put in recurring payments either monthly or whatever. Set up so it's very easy to pivot on any period or by any account. It definitely makes money conversations easier with family when it's organized like it is. We don't quite budget to certain accounts but having the file expand a few years and have all the expected income/expenses gives a quick visual at the account balance and then we just focus on the variable "accounts".
Ive never used mint.com but a quick check, I like it. I guess if consider myself pretty advanced in Excel and think I can do almost all of that. There are certain things I'm ok being disconnected from the cloud and my home budget is one of them.
Mint is by far the best thing out there in terms of simplified personal finance and its not even close
Is there a certain feature or features that put Personal Capital above Mint for you? I made the switch from Quicken to Mint because of how much more user friendly it was with the app platform. I used Quicken for 2-3 years, but Mint was well worth the switch for me.
Team Mint. For one thing, I never have to bother checking my bank and CC statements because all the transactions end up in mint. It helped me catch credit card fraud immediately. From a budget standpoint, it's awesome to track trends and how much you're spending, on average. It also makes tax time easier, as i can quickly pull up my charitable contributions etc for the year.
Speak of the devil, just got this email today. http://realestatefinancehq.com/my-new-favorite-budgeting-tool-that-is-completely-free/
fed holds on rate hikes. people expect 1-2 more this year (maybe march and then one in the fall) but definitely not 4+
I personally don't agree with the Fed's timeline over the last year but Im sensitive to their position.
Does anyone have experience raising money for a fund? I'm looking to raise money for JV real estate partnerships.
Im not entirely sure what your structure is, but never underestimate how much loose money is out there. Especially right now when people are going to cash. Then again Im from Texa$ where people write checks and ask questions later bc we aren't allowed to shoot at each other anymore.