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Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
Please suggest me best SIP to invest
Im so happy! I just paid off all my debts!
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For PwC fishes who left recently, how did you consolidate wealth builder into 401k within benefits express to avoid the 20% federal tax withholding that was described in the benefits package? I tried to do this online but it didn’t show as an option except to rollover to an existing IRA or take a final distribution. Do I need to call benefits express?
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Based on what the fed has said they are planning on raising interest rates. Honestly at this point who knows when that will come down. However it still better than paying rent which has also increased a lot.
I’ve known people who are getting homes even at 5%+ rate cause it’s better than rent. You can always refinance if the interest drop in the future. With the amount of apartments going up and companies moving to Texas m, home prices will really never stop going up.
https://www.nerdwallet.com/mortgages/rent-vs-buy-calculator
This is great. Thank you for sharing this :)
My wife has a her own real estate team here in Houston. If you find a home you love at the right price, go for it. You have options like an ARM or just refinancing in a couple years
We live in the Memorial/near Energy Corridor area, in an older townhome community (units range from 1000sq ft to 2500sq ft). There was an open house around the corner from us and cars were parked all up and down the street to come take a look.
Obviously, there still seems to be interest. For me personally, it's all about how much out of pocket to close on the place. If 100k to 150k is readily available, then as long as rates are below about 8% (the average 30yr mortgage is about 7.7% since 1971), I'd probably buy. This assumes a purchase price under about $375k.
As other said who knows when interest rates will come down and it is expected to raise even more because inflation still high. Houston housing market is slowly shifting from sellers towards buyers market (no there yet), there is more inventory than couple of months ago and rent is slowly increasing. Also, due to inflation your money worth more now than in 1 year. It is worth to buy when you are ready to do so, you can always refinance if interest rates decrease.
I think it’s a great time to buy, but mainly because my place is listed to sell. ;)
But seriously, over the years I’ve decided that if you find a place you love at a price you’re willing to pay, go for it. Trying to optimally time the market is nearly impossible.
Feel free to reach out to me, I am an realtor on the side and have been seeing that buyers are shifting towards a very conservative approach and that's appropriate given the rise in borrowing costs. But it is shifting more and more to a buyer's market.
I’m in a similar position, watching to see what folks say!
Same here. I have found a couple really cute places that I like but I am nervous about making the jump. So I have just continued to save up and see what the market does.
Dont buy now! You cant refinance if your upside down in your loan principle and you dont want to buy a house before unemployment increases. Just trust me. Youll want to wait till next year between Q1 & Q2
I brought a new build. Best decision I made due to rates going up