That is pretty fun.

I don't do much for options outside of selling puts and covered calls. I have many long positions but always have a portion of my portfolio to use for swing trades of days to weeks.

HON is on my radar again with these tariffs ending and still showing good value.
[Reply]

I just noticed it in the biggest losers list for today down 5+% to 109. That was good timing
[Reply]

Another crazy day in the market boys!

Take tomorrow off.
[Reply]

IQ trolled me
[Reply]

I can't afford to.
[Reply]

I told you, you’re a long way out.

It sucks.
[Reply]

What do you guys think about Thor stock (THO)? I made a lot of money off of it, and then the bottom fell out of it. I'm down pretty notably on the stock now. They make RVs. I like the dividend and am mystified by a 50 percent drop this year.

They make recreational vehicles. Low oil prices mean good RV sales, right? They pay a dividend and have a ludicrously low P/E ratio.
[Reply]

I personally think the RV era is ending. Maybe you'll see some consolidation that might help your stocks (maybe that's already happening). Just my best guess here.

Oil prices won't dictate sales much. To volatile.
[Reply]

What's your theory? I don't follow the trends, but my initial thought is that we have record numbers of people retiring, and that's usually the buyer. What's replacing RV demand for them?

I wonder if perhaps we have more retirees without pensions, which could stifle demand. And maybe interests are changing, but I don't really know.
[Reply]

Just my gut. At 53, I am (and know plenty of others), that are thinking and planning for that more, and none of them plan on hitting the open road.

Regardless of the cheap oil, gas is still pretty expensive and those fuckers eat a lot of gas. It's why my dad parked his, then sold it.

Crunch the numbers though. There's the real answer.
[Reply]

I'll admit that RVs seem to make no sense financially. But I'm not sure they ever have. I've run the numbers casually, and I think they're neutral at best compared to staying in a hotel. I presume that people buy them so they can sleep in their own bed and fix their own meals and pump their own human wastes.
[Reply]

To me RV's are something you rent. I am planning a few trips when I retire in about 4 years. I also plan to do a few excursions on houseboats that you can rent.
[Reply]

I totally agree. My partner had and still has a huge RV. He says they're nothing but a money pit.
[Reply]

Define huge RV. I haven't shared much about my situation, but I've been in a fifth wheel full time for just over 5 years and would completely disagree with that statement, but there are other considerations. The first, we have no brick and mortar home any longer, but save almost $10K a year in property taxes. Secondly, staying somewhere for a month at a time and getting the monthly rate vs the nightly rate is a no brainer IMO. This also reduces the gas bill to the same amount as when we commuted back and forth for work. The overall investment is a smaller home and it's paid off and paid for itself as well. I thought I was crazy when I started this new life, but in looking back, wouldn't have it any other way.

Oh, since this is an investment thread, I'll also add that the SaaS (ITSM) investments like ServiceNow have paid off nicely over the last 2 years. OKTA is an Identity Access Management solution that's doing well too. I bought that earlier this year and it's nearly doubled so far. Have a look. :-)
[Reply]

So you're living life on the road? Tell me more. I think that would be a great way to retire, but my wife rolls her eyes any time I mention it.

Do you have a general budget? I presume that you're only paying for hook-up utilities and internet in terms of housing? What's your monthly gasoline cost? (If you don't mind sharing.)
[Reply]