Yea, that's not reallly what I was posting about.They will sell the cars to someone else. Shrug
I have some experience with Covered Calls.The "chaos is a ladder" guru has made himself quite scarce of late, but, were he to return, he would have plenty to say on the matter.
If interest rates are 17%?The car industry intrigued me most because I'm tired of my Sentra. It's a bad loan on bad credit. Now my credit is better but inventories are zero and asking price too high. If a bunch of repossessed cars hit the market, is this a good thing for me?
What brokerage do you use?It’s no fun when the market kicks you in the fruit stand on a daily basis. There are tons of interesting companies selling at huge discounts right now. I don’t have any individual name ideas. I’m looking for the Nasdaq to retrace all Covid gains back to Feb 2020 levels (9800ish). That’s they level I will start buying more TQQQ. Nasdaq is still trading at 20x forward earnings (especially when earning expectations haven’t really been revised down yet) which is cheap. It just feels like the Nasdaq wants to get back to that precovid level.
Yea, you rich guys are like that.I use interactive brokers. I have no clue what their minimum is.
