[ChuckyTheGoat]

You like this one?

Vornado Realty Trust NYSE: VNO-O

Mike, respect your opinion. But this is the type of thing I can't touch right now. With vacancy rates rising, I think the asset values will be re-set.

If I don't understand the risk, that's on me. But I pass:

Vornado Realty Trust NYSE: VNO-O



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Real Estate : Office REITs | Small Cap Value
Company profileVornado Realty Trust is a fully-integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all its interests in properties are held by, Vornado Realty L.P. The Company owns and operates office and retail properties with a concentration in the New York City metropolitan area. The Company holds 32.4% interest in Alexanders, Inc. (Alexanders), which owns six properties in the greater New York metropolitan area, as well as interests in other real estate and investments. The Company operates through two segments: New York and Other. The New York segment consists of approximately 26.4 million square feet in 65 properties. It also includes nine garages totaling 1.6 million square feet (4,804 spaces). The Company's Other Real Estate and Investments consist of approximately 3.7 million square foot theMART in Chicago and 70% controlling interest in 555 California Street, a three-building office complex in San Francisco’s financial district.

[milwaukee mike]

fair enough chucky... certainly their commercial real estate is no longer worth $15 billion, but it would have to be worth something like $5 billion for them to be insolvent, at some point they'll just convert to condos

i just bought another 1000 shares, i'll keep buying more if they're giving them away, hard to buy on limit orders though with the low volume (bought 85 then another 915 lol)... earnings report is tonight, but to me that should only really affect the COMMON stock, not the preferreds

05/01/2023 11:20:17		Bought 85 VNO-O @ 10.51		-893.35		0.00		0.00
	05/01/2023 11:21:54		Bought 915 VNO-O @ 10.51		-9,616.65		0.00		0.00

[d2bets]

NVDA back to smashing 52-week highs again. The train that never stops, it seems. 700+ bil market cap.

[KVB]

NVDA back to smashing 52-week highs again. The train that never stops, it seems. 700+ bil market cap.

NVDA strong even in the face of some profit taking as they had such a strong YTD so far.

[d2bets]

NVDA strong even in the face of some profit taking as they had such a strong YTD so far.

It's up like 180% in the past 6 months. Mega caps just don't typically move that fast. What's crazy is it moved off of a similar level post-covid and nearly tripled in less than a year. Then it fell back to covid levels in November. Crazy huge swings for a megacap. I'm up 10,596% since my purchase in 2009. If I had bought 50x as much then, and I could have, I'd be on an island somewhere.

[KVB]

It's up like 180% in the past 6 months. Mega caps just don't typically move that fast. What's crazy is it moved off of a similar level post-covid and nearly tripled in less than a year. Then it fell back to covid levels in November. Crazy huge swings for a megacap. I'm up 10,596% since my purchase in 2009. If I had bought 50x as much then, and I could have, I'd be on an island somewhere.

They have dominated the AI sector in both software and hardware.

And now AI is the new revolution.

NVDA best positioned to take advantage of that, and the smart money has already spokenand continues to speak.

[milwaukee mike]

It's up like 180% in the past 6 months. Mega caps just don't typically move that fast. What's crazy is it moved off of a similar level post-covid and nearly tripled in less than a year. Then it fell back to covid levels in November. Crazy huge swings for a megacap. I'm up 10,596% since my purchase in 2009. If I had bought 50x as much then, and I could have, I'd be on an island somewhere.

you could still be on an island, just maybe one that looks like an episode of survivor instead of a resort

as long as you have enough money to not work, who cares about the rest, unless you have super expensive tastes none of that extra money would make you any happier

[d2bets]

you could still be on an island, just maybe one that looks like an episode of survivor instead of a resort

as long as you have enough money to not work, who cares about the rest, unless you have super expensive tastes none of that extra money would make you any happier

Eh, I probably don't yet. Maybe for some people, but we spend a bit. How much is enough at 50? I gotta grind for another 5 at least.

[Slurry Pumper]

It's a grind alright, but I enjoy working so I will probably be doing it until it's time for the dirt nap. Of course what I consider working can be thought of partying for others. At 55 I do pretty much what I want, and it sounds sad but it really is enjoyable helping all of those nasty polluting industries move fluids from one place to another. I guess my lane is set. Of course the markets have helped with this in emense ways. I don't think I could handle just trading for a living however. Not from the money side, but from the time management side. It really doesn't take long to trade stocks and if I had free time I'm more likely than not to get into trouble.

[ChuckyTheGoat]

Props to Slurry, Milw Mike and others. Good info in here.

Slurry, when you say WORK...are you referring to ACTIVE income or PASSIVE income? Read some of Milw Mike's posts. I think he has the right perspective. Passive income is so much better.

My two cents, I like the term "Semi-Retirement." By that, I mean something < the 40Hour Per Week grind. Doesn't mean you don't have income streams. Just means that you're not busting your hump at the same rate.

Many ways to do it. Seasonal work, investment portfolio. If you're old enough, retirement benefits.

[ChuckyTheGoat]

What a day for De-coupling:

*Crypto assets and some Metals up today.
*Virtually all other stocks down today.

[milwaukee mike]

Eh, I probably don't yet. Maybe for some people, but we spend a bit. How much is enough at 50? I gotta grind for another 5 at least.

jeez... even 3 million at 4% interest is 120k/year... hard to spend 10k/month if everything is paid off

and at 50 you really have about 15-20 years at most of time where you're spending money... not too many people in their 70s spend anything, at that point usually people have health problems, or slow down to the point where they don't really want to travel a lot or do anything

so if you eat into principal for 15 years, that's really more like $300k/year to spend... so i would say 3 million is more than enough... heck a million, and a house/condo that's paid off, is probably enough at 50

[milwaukee mike]

It's a grind alright, but I enjoy working so I will probably be doing it until it's time for the dirt nap. Of course what I consider working can be thought of partying for others. At 55 I do pretty much what I want, and it sounds sad but it really is enjoyable helping all of those nasty polluting industries move fluids from one place to another. I guess my lane is set. Of course the markets have helped with this in emense ways. I don't think I could handle just trading for a living however. Not from the money side, but from the time management side. It really doesn't take long to trade stocks and if I had free time I'm more likely than not to get into trouble.

yeah that's why i'm pretty much a gamble-holic and alcoholic... oh well a guy has to have hobbies!

i'm actually much better off playing golf or hanging out at the casino, watching the stock market can sure make my "total cash" turn negative quite often. too easy to just push a button and bet 10k or 100k or whatever

[Madison]

yeah that's why i'm pretty much a gamble-holic and alcoholic... oh well a guy has to have hobbies!

i'm actually much better off playing golf or hanging out at the casino, watching the stock market can sure make my "total cash" turn negative quite often. too easy to just push a button and bet 10k or 100k or whatever

What is your poison (alcohol) of choice? Meyers Rum here.

[Slurry Pumper]

Passive income is better, but I still like the Active. Of course now a days my Active is centered around teaching some of the young Slurry Pumpers and a few of their friends to do the trade. Nepotism runs deep around here. Owning your own business is kind of like a hybrid income to me, part passive part Active. I think Milwaukee Mike understands my stance on how to look at the markets. If I paid attention all day everyday, I might lose money and be broke. If I work more than 1.5 hours a day on this, 7 outta 10 times it was a losing day.

[milwaukee mike]

What is your poison (alcohol) of choice? Meyers Rum here.

lately it's been shots of dewars and leinenkugels beers

when i'm feeling richer it's macallan 12 and modelo

when i'm feeling broke it's admiral nelson and hamms

[Madison]

lately it's been shots of dewars and leinenkugels beers

when i'm feeling richer it's macallan 12 and modelo

when i'm feeling broke it's admiral nelson and hamms

Ahhh, macallan 12 a nice way to go. Cheers!!!

[Slurry Pumper]

Kind of expect a rebound of some sort today. Looking for the Apple earnings to be a mover for tomorrow and on the SPY $404 is the low from last week's tape and will be important tomorrow at about 4 pm eastern.

[KDeen10]

I'm ALL IN on hydrogen. I've been watching this sector for 15 years and the time is now.

Diversity is for people who aren't sure. I'm VERY SURE!

[homie1975]

Robinhood now giving 4.65% on uninvested cash sitting in their brokerage.

free money.

and when i want to buy more stocks and/or crypto, i simply do so from my uninvested cash.

no need to transfer around from bank to brokerage etc etc.

amazing.

[homie1975]

I'm ALL IN on hydrogen. I've been watching this sector for 15 years and the time is now.

Diversity is for people who aren't sure. I'm VERY SURE!

i hope you're right.

I am down 70% on my PLUG position even after averaging down 4x.

i am done chasing it.

now i await the (hopeful) rise.

i am patient.

[Madison]

I'm ALL IN on hydrogen. I've been watching this sector for 15 years and the time is now.

Diversity is for people who aren't sure. I'm VERY SURE!

I've been in "Plug" for about a year and have watched my $$ go down the drain. Luckily I had a few stop loss in place. Where/How are you playing the Hydrogen trade.

[Madison]

Robinhood now giving 4.65% on uninvested cash sitting in their brokerage.

free money.

and when i want to buy more stocks and/or crypto, i simply do so from my uninvested cash.

no need to transfer around from bank to brokerage etc etc.

amazing.

Same play here but at Fidelity at circa 4.5%. I have a Fidelity MM/Checking getting the same.

[Madison]

Robinhood now giving 4.65% on uninvested cash sitting in their brokerage.

free money.

and when i want to buy more stocks and/or crypto, i simply do so from my uninvested cash.

no need to transfer around from bank to brokerage etc etc.

amazing.

If these brokerages are paying everyone 4.5% what are they reinvesting our money to make a profit? I still have a bunch of laddered CD's getting 5.5%.

[KDeen10]

i hope you're right.

I am down 70% on my PLUG position even after averaging down 4x.

i am done chasing it.

now i await the (hopeful) rise.

i am patient.

Keep chasing it you'll just make more in the long run. There are states lobbying to be hydrogen hubs. Apparently there will be 4 hubs in the U.S. Hydrogen can use the gas pipeline so the rockies won't be realistic option.

Hang tight it's coming.....

[KDeen10]

I've been in "Plug" for about a year and have watched my $$ go down the drain. Luckily I had a few stop loss in place. Where/How are you playing the Hydrogen trade.

ALLLLL in on Ballard! I'm just sitting and waiting. If hydrogen was in wide use and the stocks were like this I'd be over it but it's still in the early stages and the infrastructure is being constructed as we speak.

[ChuckyTheGoat]

What a day for De-coupling:

*Crypto assets and some Metals up today.
*Virtually all other stocks down today.

Think about it, boys. This isn't an isolated incident. It's happening quite often.

90% Silver sales on Ebay are now consistently going up. 26x Face is now the standard.

[KDeen10]

Think about it, boys. This isn't an isolated incident. It's happening quite often.

90% Silver sales on Ebay are now consistently going up. 26x Face is now the standard.

Metals are yesterdays news and the rise of crypto should be a first sign indicator. Bitcoin is doing what many thought GOLD would do 20 years ago. If I were to tell people 20 years ago that computer code would be a form of money and it would be worth 10-30 times more than GOLD I'd get laughed at.

[ChuckyTheGoat]

Metals are yesterdays news and the rise of crypto should be a first sign indicator. Bitcoin is doing what many thought GOLD would do 20 years ago. If I were to tell people 20 years ago that computer code would be a form of money and it would be worth 10-30 times more than GOLD I'd get laughed at.

Entitled to your thoughts. But I wouldn't say that about Metals.

People are buying metals right now. That's just the truth.

[KDeen10]

Entitled to your thoughts. But I wouldn't say that about Metals.

People are buying metals right now. That's just the truth.

I've been hearing that for 20 years too. Haven't you noticed that Gold hasn't done much in over 10 years? Bitcoin is doing what people expected Gold to do. We are headed into a digital world and Gold is not part of it.

[homie1975]

I've been hearing that for 20 years too. Haven't you noticed that Gold hasn't done much in over 10 years? Bitcoin is doing what people expected Gold to do. We are headed into a digital world and Gold is not part of it.

Gold was as low as $1000 back in mid 2015.

now up to $2000.

i would not call that "not doing much".

BTC was up to 67K 18 mos ago now inside of 30.

i am a LT believe in BTC but i cannot blame the miners for believing in Gold and other precious metals.

many ways to make money.

[ChuckyTheGoat]

I've been hearing that for 20 years too. Haven't you noticed that Gold hasn't done much in over 10 years? Bitcoin is doing what people expected Gold to do. We are headed into a digital world and Gold is not part of it.

OK, pal. Good Luck.

[KDeen10]

Gold was as low as $1000 back in mid 2015.

now up to $2000.

i would not call that "not doing much".

BTC was up to 67K 18 mos ago now inside of 30.

i am a LT believe in BTC but i cannot blame the miners for believing in Gold and other precious metals.

many ways to make money.

You're right it's done a lot if you ignore that it hit 2K in 2011. Silver hit 50 and it's been floating in the 20s for years even with all this so called inflation.

[homie1975]

You're right it's done a lot if you ignore that it hit 2K in 2011. Silver hit 50 and it's been floating in the 20s for years even with all this so called inflation.

and BTC has done a lot if you ignore that it hit 67K in Nov 2021 less than 18 mos ago.

i get it, Bro.

i believe in BTC also but let's not pretend ppl are making money on BTC that they cannot be making in GOLD also.

[KDeen10]

and BTC has done a lot if you ignore that it hit 67K in Nov 2021 less than 18 mos ago.

i get it, Bro.

i believe in BTC also but let's not pretend ppl are making money on BTC that they cannot be making in GOLD also.

You're missing the point which is that some lines of code are worth 10-30 times more than so called physical assets which again is a sign of the future things to come.

As the knightscope commercial states "the world is going to change more in the next 10 years than the last 100 combined". That's a little dramatic but not much.