Reply to @uncle178 : Crash is good.. but cruise... would make me uncomfortable.
If you got too much cash without any core idea to deploy it, you are more likely to do something stupid with the money cos it burns a hole in your pocket.
That's why right now, I'm hunting high and low for some mother-of-all compelling idea for me to spend some money on!
Just thinking a suitable size for ATXI would be closer to 20% of portfolio. In that view, you're either very conservative or have a lot of better opportunities. Good job either way
Kicking myself for missing out on ATX even though I read your thesis. Placed my bet on the “safer” REGN which is net cash company and it’s now underwater :-( Well, win some, lose some. Please keep your good stuff coming.
CIMB starsaver has 0.8% interest up to 800k
Reply to @uncle178 : Crash is good.. but cruise... would make me uncomfortable.
If you got too much cash without any core idea to deploy it, you are more likely to do something stupid with the money cos it burns a hole in your pocket.
That's why right now, I'm hunting high and low for some mother-of-all compelling idea for me to spend some money on!
Just thinking a suitable size for ATXI would be closer to 20% of portfolio. In that view, you're either very conservative or have a lot of better opportunities. Good job either way
Reply to @ThumbTackInvestor : Unfortunately cost of borrowing in USD is still expensive and I’m out of USD bullets :-(
Kicking myself for missing out on ATX even though I read your thesis. Placed my bet on the “safer” REGN which is net cash company and it’s now underwater :-( Well, win some, lose some. Please keep your good stuff coming.
Reply to @garch : Yup.
Pushed back to 31st July.
But then, like I said, I'm more concerned about the very low acceptance rate.
Even if authorities grant approval, SHs don't accept also no deal.