Logical Wealth

Family (dad X 3) | Friends | Financial Freedom | Fitness | 10+ years as an Institutional Investor.

[Logical Wealth @logicalwealth]

@basilialukos Also... I've been there. Feel like a genius selling until my buys get wrecked.

[Logical Wealth @logicalwealth]

@basilialukos Yeah, I was regretting not following suit when the stock went down to $47 a month after you sold.

Results are good, but this thing is so volatile, better off selling and picking shares back up in the mid 40s if gas prices mess up a quarter's results.

[Logical Wealth @logicalwealth]

@basilialukos Trimming it back pretty aggressive in the 60s. I'm tired of it blowing up between every quarter 😅

Selling calls on another chunk of shares. Probably means its headed to $100 real soon.

[Logical Wealth @logicalwealth]

@basilialukos

[Logical Wealth @logicalwealth]

@basilialukos That's definitely the better business. At 12x earnings, its probably worth just buying it and wait for the market to sort it out.

Again... On my list to do a deeper dive soon. These are all very high level thoughts. 😂

[Logical Wealth @logicalwealth]

@basilialukos I could be wrong, but my general feeling (not well researched) was that Napa performance was worse than AAP.

[Logical Wealth @logicalwealth]

@basilialukos Just casually- its on my list to take a deeper dive in the next week or 2. The spin seems pretty interesting, but I expect nobody is going to want the auto business post spin. 😂 Could get real cheap.

[Logical Wealth @logicalwealth]

@basilialukos also gas prices.

[Logical Wealth @logicalwealth]

@basilialukos That's a pretty solid comp number for them. Guessing the left the guide flat to be conservative, unsure of benefit from tax refunds...

[Logical Wealth @logicalwealth]

So many comments saying this is common for the credit card industry, I've been paying my taxes with other credit cards for years.

[BRICK BY BRICK @aincomeinvestor]

Just a heads up: paying taxes with your Robinhood credit card will not be eligible for cash back.

$HOOD

[Logical Wealth @logicalwealth]

@aincomeinvestor $193,252.20

[Logical Wealth @logicalwealth]

@Chadmoneymatter @PlanShaman @MaineLogic Ironically, it’s often cheaper to buy an individual policy through the ACA due to subsidies.

Group plans have lost leverage as the government subsidies the ACA plans.

[Logical Wealth @logicalwealth]

Yes- it’s a dishonest comparison to say your insurance cost is $190 a month and that someone paying $2,100 a month is making things up. Your total cost is closer to that if you consider your employers portion.

Obviously it’s better when someone else is covering your insurance 🙄

[Logical Wealth @logicalwealth]

Only a small portion of it is buying power, your employer is covering the cost. Its in their calculation of total compensation for you.

Total cost for a family plan can't be much cheaper than 1,500 a month. Ask your HR department what percent of health insurance they cover.

For example, I pay $434 a month for a family health insurance plan. My employer's policy is to cover 75% of the cost. I pay $434 a month, they pay 1,300 a month. The total cost of my insurance is $1,734 a month.

My insurance isn't magically cheaper because I only have to pay 25% of it.

[Logical Wealth @logicalwealth]

@MaineLogic @Chadmoneymatter Chad's boss is covering the rest of the increase. Chad could get a 20% raise if his employer didn't have to cover his crazy health insurance premiums.

[Logical Wealth @logicalwealth]

@basilialukos I've thought about $gff a few times this year, haven't pulled the trigger. Don't really want to chase it though. $bcc is an interesting one too.

[Logical Wealth @logicalwealth]

@basilialukos Thanks! I've been looking at the sector with all the M&A activity. Seems like trough or close to trough margins. I wish these guys had a little less debt, but makes since given the rollup and share repurchases.

[Logical Wealth @logicalwealth]

@iWomansplainer They don't... They used to, but haven't made one for years. 2020 maybe?

[Logical Wealth @logicalwealth]

@zillowgonewild Scratch that- early 2021

[Logical Wealth @logicalwealth]

@zillowgonewild 2.5%- 2020