Posts
The FTSE index has changed its rules to accelerate forced buying of SpaceX shares, which means that VWRA investors are now part of the exit liquidity.
[https://www.channelnewsasia.com/business/spacex-set-fast-entry-us-global-indexes-under-new-ftse-rules-6143421](https://www.channelnewsasia.com/business/spacex-set-fast-entry-us-global-indexes-under-new-ftse-rules-6143421) New rules are: (1) IPOs are eligible even with less than 5% free float, as long as the free float meets the minimum requirement within 12 months after IPO (2) IPOs with large market capitalisations will be included on the index (and bought by index funds) in 5 trading …
Index rule changes for the SpaceX $SPCX IPO!
Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months. Russell 1000 …
The Story of Foxtrot: A Messy Private Restructuring Highlighting Successor Liability Questions
Really interesting story in the corporate bankruptcy/restructuring world on the private side. The most comprehensive coverage is in a write up by MotherJones which I can't link here. They're not shy with their perspective on PE as a whole, but their article is the most complete versus the bits and …
SLS, NBIS or SNXX for this coming week
I’ve been looking between these three positions for a little while now. Seeing a lot of positivity online for SLS, but also seeing strong numbers for NBIS in the last half a year and wondering if I should jump on that bandwagon. But, last but not least, SNXX has also …
$NOW is up 10% overnight. Is SaaS the next boom that won't ever stop?
I've mostly been focused on AI names and semis, but seeing $NOW jump 10% after earnings/news has me wondering if the market is starting to reward software again. For the last few years it felt like SaaS was dead money compared to chips and infrastructure plays. Now companies like ServiceNow …
Investments for 1099 RN employee?
Hi all, currently a 1099 RN looking for ways to invest. Ideally, I may come close to making >160k so want to know options outside of the Roth IRA if possible. I do have a Roth that I’ve contributed to every year that I’m able to. Also, if I were …
24M Fidelity Investment Opinion
Hello everyone, I opened my Roth IRA when I was 22 and had built it up to about $11,000 as of last week. I recently rolled over an old 401(k) worth roughly $5,000 into my Roth IRA, bringing the balance to around $16,000. I also just maxed out my annual …
Which private company do you think will be the best IPO investment of the next 5 years?
Everyone talks about the Magnificent 7, but I'm more interested in companies that haven't gone public yet. If you had to choose one private company that is likely to IPO within the next 5 years and hold it for 10+ years, which would you pick and why? Some names that …
How are covered call ETFs taxed in an inherited IRA?
I am (unfortunately) in the situation where I received an IRA. It’s not applicable for me to roll it over into my retirement accounts. I do not have to take mandatory yearly distributions (since it was not being withdrawn from yet) but I will have to empty the account in …
Investment Portfolio AI/Semi advice
I would like to add a “conviction” account in my portfolio focusing on AI. semi conductor or something like the account in my 401K (Fidelity FID GR Co Pool CL S). I wanted to put maybe just QQQM, but would like to get your advice on an account on steroid. …