Colin226
NJ Devils STH
What is your tolerance for risk?
I'm the guy who loses $100 at the casino and thinks of the fun stuff he could have bought with it. I hate losing my money, but I'm not totally afraid to take a chance with it.
What is your tolerance for risk?
You went all CAD/USD, when you meant be like USD/CAD.
I'm the guy who loses $100 at the casino and thinks of the fun stuff he could have bought with it. I hate losing my money, but I'm not totally afraid to take a chance with it.
I believe this is the most aggressive late-day sell-off I've ever seen.
You think there was some profit taking from the morning?
So this Jet.com is intentionally losing millions, but it's great for consumers. This is such a no-brainer with the first year being free (Code: CURISMA when you create an account and you get 1 year free), it's amazing everyone in the country isn't using them at least for the free year.
PM me if you want to place an order and I'll send you a code for $15 off your first order, which also credits me $15 for "referral". I have never seen savings like this in my life, Amazon is fairly cheap, and they're killing Amazon's prices by like 6% to 15%. This company is either genius or moronic, but either way you should take advantage of the whopping $220 Million that Goldman Sachs, Google Ventures, and large private equity shops handed them!
If they succeed, they will become a household name for years to come. If they fail, they will become an MBA case study in business model failures for years to come. One biz writer I read who thinks Jet will ultimately go bankrupt, called it, "redistribution of wealth from Wall Street to the American consumer". LOL
That's cool.. get yourself a discount brokerage account and test it out. At least sock money in your IRA (never too early).
Than buy some pseg/verizon utilities at least.
Or go with the Peter Lynch, buy items in your medicine cabinet/cupboard.
Some people get the same rush from gambling as they do from trading.
But you seem like a young guy and you have time on your side to alleviate any drops.
I'm a huge believer in companies with cash flow and strong branding. SBUX, Whole Foods (which is getting killed). Not really a tech guy, but I trace that back to the dot.com burst years ago. I know tech is different and I've possibly missed a boat load on AAPL.
The owner of this site must be a snake oil salesman. He says he will sell products at cost if he has them, take 10-15% hit on products he doesn't have, and make money on membership fees? If he wants 15 million customers at $50/yr, he's only going to make $750M/yr. And he's going to go head-to-head against Amazon, Costco, AND Walmart on pricing? The combined market cap of those three companies is almost $700B. LULZ!
I almost feel like I might be putting too much in retirement savings so I'll have to block some time soon and figure things out.
He's smart if he sticks to items without sizing and are staples. What is killing Amazon or any e-commerce is the returns for sizing and what not. However, I see his consumer goods collection is very meager and it could be because he's ramping up and or trying to find vendors to fit into his puzzle still.
NVGI looks really dangerous.
I'm looking into cable/internet providers. For those with either, do you like cablevision or fios better?
@lukester
Looks like it is curling up + will hit hurricane strength right around where it hits florida. Not exactly sure how this'll play out (I'm jusjt an enthusiaste) but it could hit the northeast with reasonable strength.
What day would it most likely hit NJ, next Friday?