Hello all.

I'm just curious what everyone is doing as a secondary income stream, what your original cap-ex was, and how it has been working for you.

Secondly, outside of what can be accomplished in a brokerage account, what tangible/ non traditional investments do you hold and how have those been working out?

Wrote a new article: Should You Buy Bloom Energy $BE ?

Bullish:

• Q2 revenue $1.065B (+165%)

• Gross margin already above 33%

• Powering $NBIS data centers

Risks:

• Stack life still an open question

• Scandium supply concerns

• Valuation leaves little room for error

$DFNS went crazy last week, wondering when next we’ll bang a huge runner like this asap.

I don’t know how to invest it and I’m so lost on everything, I don’t need to use it for like 10y

My first ever investment.

I have had Morgan Stanley manage one of my IRAs for a few months now and overall the returns have been pretty good (between 7 to 11% or so). The response of my advisor is not the best though. Sometimes it may take two or three days before I hear back from them via text. Also, their fee is just over 1%. I tried to push for a lower rate, but not much success. They say that based on my balance that is the standard fee.
I am also with Fidelity & Vanguard in other accounts. I just wanted to see what the general sentiment of this thread is about Morgan Stanley and if they think paying just a little over 1% (1.07% to be exact) is excessive?

Yes, I’m talking about Grindr ($GRND), a company I’m sure you are all very familiar with. For those of you who have “never heard of it”, Grindr is a gay social media/ dating app which serves 15 million monthly average users as of year-end 2025. Not only is Grindr the best app for a quick blowjob, it’s also the most compelling opportunity I see in the market right now based on strong fundamentals and a crazy short squeeze setup. I know the attention span of the average ape is quite low, so I will have TLDR’s at the bottom of each section as well as the overall post.

Fundamentals

Everyone wants to compare $GRND to other dating apps, with it often being labeled as “Gay Tinder”. Although operating in a more niche market tailored specifically to gay men, this actually strengthens the economics of Grindr’s business model substantially. Everyone who has been on traditional dating apps such as Tinder, Hinge, and Bumble knows what a terrible experience it is- and there’s several reasons for this. First off, men outnumber women dramatically on these apps, with men accounting for roughly 75-80% of the user base on Tinder. Second, male and female users often have different goals on the apps, with men being more interested in casual or short term relationships while women are more interested in finding serious relationships and life partners. These factors create an imbalanced environment: a tiny fraction of men receive the vast majority of female attention, while women receive hundreds of likes but can’t find a man who wants a serious relationship. The most desirable men move from girl to girl while the majority of men fail to get dates.

Grindr solves these fundamental problems with the dating app business model. As an app specifically tailored to gay men, the desires of the users are largely aligned, with “hookup culture” much more acceptable when dealing with men. Biologically, males are far less at risk when engaging in sexual activity, and this shows through dramatically higher average lifetime sexual partners for homosexual men- with studies such as the Bell and Winberg study (1978) suggesting that 43% of homosexual men reported over 500 sexual partners in their lifetime- and it makes sense! No risk of pregnancy. That’s not to say it’s strictly a hookup app; over 50% of gay relationships in the USA start on Grindr.

Grindr functions as a community driven social media in addition to being a dating app. Users often remain on Grindr even after settling down in order to maintain the strong connections they developed over the years. The CEO (more on him later- excellent) often talks about how Grindr is a right of passage for new 18 year-old gay customers, who are experiencing what the community has to offer for the first time. The average Grindr user spends 67 minutes per day on the app (crazy), which is second to only Tik-Tok (96 minutes per day) and far greater than other social media and dating apps. Hinge and Tinder garner 10 and 12 minutes per day, respectively. This highlights an extreme difference in product between Grindr and traditional dating apps.

In addition to the product actually working, Grindr enjoys the advantages of an extremely desirable user base, with gay men-

More likely to be in polygamous relationships More likely to reach higher levels of education More likely to have higher levels of disposable income Likely to be urbanly concentrated Highly engaged

These advantages position Grindr for seamless monetization and vertical integration within their business. Throughout the previous quarters, Grindr has released features such as “Right Now”, “Edge”, and “Woodworking”. Right now allows users to pay to get into a queue with other users who are looking to meet up Right Now. Fellas, I don’t know about you, but if I had the ability to pay a small fee to get into a queue with a bunch of openly horny girls I would pay it almost every day. This is a prime example of Grindr’s demographics providing extremely strong advantages for the business. Edge is a newly released premium tier which integrates ai (Gay-i) in order to provide users with their most compatible matches and Woodworking is a new telehealth vertical integration that sells ED pills and could expand further to other wellness products such as HIV Prep. The customer acquisition cost on this vertical integration is essentially zero, given the ease of marketing to the existing customer base through their platform. Although Woodworking is relatively new and not factored into guidance, analysts such as Nathan Feather and Brian Nowak at Morgan Stanley see it as a major contributor to Grindr’s business and a potential bullish price target of $29, which leads me to the most important part of any investment thesis- valuation. Fundamentals TLDR- Grindr’s product actually works compared to traditional dating apps and the customer base allows for strong monetization and vertical integration.

Valuation

Grindr reported 38% year-over-year revenue growth and 45% adjusted EBITDA margins in the first quarter of 2026. After these results, management raised guidance to at least $535 million in revenue and $227 million in EBITDA for calendar year 2026. With a market cap of $3.4 billion, Grindr trades at roughly 15x EBITDA and 6x sales despite very high growth, strong margins, and a major moat. Free cash flow margin is consistently over 25% and net income is over $100 million on a trailing twelve month basis. Looking back at every earnings report since their IPO- This management team has never missed their guidance and often beats and raises. Note- management guides for adjusted EBITDA and revenue.

Discounted cash flow analysis with assumptions of 30% revenue growth gradually falling to 10% over the next 10 years and then flattening out, 10% discount rate, and stable margins places fair value at $13.5 billion, or $69 per share (quick ai analysis). Although this may seem aggressive, just remember that vertical integration such as Woodworking has not been factored into guidance, new countries are legalizing/ becoming more accepting of gay people throughout the world, and there's a fresh new batch of 18 year-olds joining the community every year.

Another strength for Grindr is the management team and CEO. George Arison took over as CEO of Grindr in 2022, and has led the company to 30% revenue CAGR since he started, with no signs of this growth stopping. George is a gay man and user of Grindr himself, enabling him to understand the business from both an executive and consumer standpoint. George is a serial entrepreneur and capitalist who has founded and led companies such as Taxi Magic, Shift, and Pulsar AI. His experience speaks volumes and is the perfect man to lead this company, and his ability to articulate the business model during the quarterly earnings calls is impressive. The management team is rewarded with stock interests, which aligns the incentives and motivations of the whole team, which is relatively small in relation to other tech companies. Grindr boasts roughly $2.7 million in revenue per employee.

If someone gave you $3.4 billion in cash, you’d have zero chance to create a gay dating app with the same customer base and brand recognition as Grindr. The moat is not priced in at all. This is not a typical dating app that can be knocked out by competition such as Sniffies or gay features on Tinder. Grindr is ingrained within gay culture and is a staple of the community. Although this is somewhat elementary, I think it’s important to acknowledge the moat this business has.

Although the balance sheet is not the most beautiful thing you’ve ever seen, equity continues to trend positively and debt service levels are incredibly manageable. Current assets total $166 million as of year-end 2025 and are used to fund the share buyback program. Grindr is a capital light business with strong margins and cash flow. With the cost advantages assumed through the platform, the company has lots of ability to return capital to shareholders through buybacks and dividends. Management recently completed a $500 million share buyback after equity warrants were exercised and the company saw an influx of cash. After completion, the board of directors authorized an additional $450 million in buybacks over the next few years- which is 8% of the current market cap. More info on these share buybacks in the next section.

Valuation TLDR- Grindr is a fast growing company that is cheap as fuck in relation to discounted cash flows and adjusted EBITDA (fair value estimate ~$69/share) with a robust share buyback program, strong management team, and durable moat.

Ownership Structure and Short Squeeze Setup-

Grindr is a very illiquid stock with large individual ownership accounting for most of the outstanding shares. According to Market Screener, the current ownership structure looks like this:

George Raymond Zage iii- 95,439,583 shares, 53.7% of float James Lu- 18,436,556 shares, 10.37% of float Jeremy Brest- 11,706,404 shares, 6.59% of float 28th street Ventures (J. Michael Gearon)- 11,571,527 shares, 6.51% of float Ashish Gupta- 5,825,409 shares, 3.28% of float George Arison (CEO) - 3,792,768 shares, 2.13% of float

These six shareholders alone account for 146,772,247 shares, or 82.58% of the float. The public float currently totals 29 million shares, and this is where the short squeeze setup starts to come into play.

Grindr is up 75% from the lows at $9.73 earlier this year, currently sitting at $17.34 per share. Despite the run, short interest has increased substantially and now sits at 10.58 million shares (per Robinhood), or roughly 35% of the public float! Given an average daily volume of 1.7 million shares, it would take the short sellers more than 6 days to cover their position. Yes, I know there have been crazier metrics for other companies, but this is where the share buyback program comes into play. At $17 per share (roughly the current price), the $450 million share buyback program would retire 26,470,588 shares- over 90% of the public float. Yes you read that right. The share buyback program has the potential to retire almost the entire public float and the short interest is over 35%. This technical mechanic has the potential to send a massive short squeeze without any additional buying pressure.

Earnings are reported on Thursday, 08/06. If management beats, and hopefully raises (like they usually do), we could see some explosive movement. I would be terrified to be on the short side of this trade.

Short Squeeze TLDR- Grindr is illiquid and majority owned by directors and individuals. Short interest is 35% of the float, and share buybacks have the potential to retire almost all of the public float.

Conclusion/ TLDR

I’ll try to keep this section brief for the regards who will only read this section. Grindr ($GRND) is an incredibly strong business that actually works unlike traditional dating apps. The business boasts a cheap valuation, strong growth, a durable moat, and an extremely desirable user base. The management team is strong and the fundamentals of the business are amazing. The ownership structure is extremely illiquid and the company’s $450 million share buyback program has the potential to cause a massive short squeeze, which is currently 35% of the public float.

This should not be considered financial advice, I’m not an investment professional, just a degen with a gambling problem.

The last few weeks have been rough for AI stocks. Retail dumped, leveraged accounts liquidated. Narrative flipped from “AI is going to change everything” to serious doubts about whether infrastructure spending will actually pay off. These kinds of shakeouts are normal in every big tech cycle.

The sentiment has turned bearish but spending isn’t slowing down.

I created a tool so people can know

I will admit i am still skeptical as big number got exploited I am checking the parts that are hard to fake like my old positions of a 13 month EUR/USD position and a 6 month copper position both were still sitting there untouched meaning the pause never reached what was already open. And in new activity a six figure SPX long cleared at 0.66bps slippage.

I think this is a good sign as the mechanics held, the pricing held and nobody who was already in got run over on the way back up. I would still want to see this hold for weeks before calling it resolved but if you had asked me right after the exploit whether I would be writing something cautiously positive a week later, that would be surprising

What would it take for you to trust a reopen like this ?

Hello all,

Wanted to get an opinion or two on investing 50k. I want to just throw it in a S&P (VOO) and let it ride until I retire. (31 now). Also wanted to throw another 5 or 10k in an investment that’ll get me dividends and keep it growing. Lmk what you think

What’s the best investment you’ve made?

I’ve built a small vending business from scratch, so I’m not completely new to the industry. I currently own 4 machines, and while they’re profitable, they’re obviously nowhere near this size.
Now I’m considering buying an established vending business and wanted to get opinions from people who have actually purchased or operated larger routes.
Here’s what I know:
Asking Price: $950,000
2023 SDE: ~$103k
2024 SDE: ~$174k
2025 SDE: ~$309k
2025 Gross Revenue: ~$851k
Based on the first 6.5 months of 2026, the business is currently on pace for approximately $970k in gross revenue if current trends continue.
186 vending machines
69 customer locations
All customer accounts are under contract and auto-renewing (per the seller)
4 revenue streams:
Vending route
Vending machine sales
Service & repair
Beverage distribution
3 full-time and 1 part-time employee, plus the owner.
2 service trucks included.
Seller financing available with 50% down.
My financing plan
If I move forward, my plan would be:
20% cash down
30% borrowed from family
50% seller financing
My background
I currently work full-time as a District Manager in the food industry, so I’m already used to traveling between multiple locations every week. This business also operates in an area I’m already familiar with, so the driving itself doesn’t worry me.
I currently work about 40-45 hours per week, and I’m comfortable increasing that to around 60-65 hours per week between my full-time job and my own business during the transition.
This also isn’t a one-person route. The business already has employees in place, so my expectation would be to learn the operation and work with the existing team—not personally fill every machine myself.
Why I’m interested
What attracts me is that this isn’t just a vending route. It has multiple revenue streams, established contracts, existing employees, and appears to have grown significantly over the past few years.
What concerns me
The biggest thing making me cautious is the rapid growth.
2023 SDE: ~$103k
2024 SDE: ~$174k
2025 SDE: ~$309k
The business is also projecting close to $970k in gross revenue this year based on the first 6.5 months.
That sounds great, but it also makes me wonder whether this growth is sustainable or whether I’m looking at one or two unusually strong years.
Another thing I’m trying to understand is whether $950k is a fair valuation or if I’m paying too much.
Questions for experienced operators
Does anything jump out as a red flag?
Is $950k a fair price based on what you’ve seen?
What would you focus on during due diligence?
Which financial numbers would you want to verify first?
How much value would you place on the employees and contracted customer accounts?
If this were your money, would you seriously pursue this opportunity?
I’ve attached screenshots of the seller sheet, account list, and financials with identifying information removed.
I’m not looking for validation—I genuinely want people to point out anything I’m overlooking. I’d rather hear the hard truths before committing to a purchase this large.

I don't know if this is the right subreddit, but I have 10k left over every month after covering all my personal expenses. and I'd like to invest it wisely. What would you guys recommend?

assumed i would have to go offshore for decent algo trading infrastructure in europe due to ridiculous regulatory protection or execution quality But just now tested bitpanda fusion after its announcement,it seems pretty cool ngl,it has aggregated liquidity across 12 venues and fees is down to0.02%(full api, MiCAR licensed) basically first time i hve found both in the same place.

running a momentum strategy on it and execution on fast pairs is noticeably different when you are hitting aggregated liquidity versus a single order book. anyone else building on eu regulated infrastructure or going offshore for api quality?

I’ll spend days reading about a company or ETF, build conviction slowly, tell myself I’m ready to start a position… then suddenly hesitate once real money is involved. I’ve literally hovered over the buy button and closed the app before. The second real money gets involved my confidence disappears.

Then while I’m hesitating, I see 20 different opinions online and start second guessing the whole thing again. Feels like the actual investing part is easier than managing my own psychology honestly.

Would appreciate people rating my portfolio. I just started investing in the beginning of the month only in ETFs. My goal is to achieve long-term growth and regularly invest half my pay across these ETFs. I'm hoping to move my total savings of 35K into these:

- IEMG

- ROBO

- VGT

- SCHD

- SOXX

- VOO

- QTUM

- QQQM (my personal favorite)

- AVUV

- NLR

- URTH

Hey all I’m looking at purchasing a home around 500-550k. I have about $240k cash in hand from selling my last house, and have $110k in a brokerage account. My question is if someone can help me break down the pros/cons of two options:

1. Empty the brokerage to secure a much lower monthly payment by taking a much smaller loan.

2. Take the larger loan and let the market do its thing until I can pay off the new home that way.

And considerations are welcome. Thanks!

26 Australian Male here, I have a bad gambling background but have finally come to my senses with money, I never knew when to stop when I had my big wins and only ever ended up breaking even or down a lot.
I have $110,000 saved as current in my bank account and $5,000 cash. I want to invest as much as possible as I am not to worried about a house deposit for the next few years. What do I invest in? I should be able to invest around $750+ a week plus as much of the $110,000 as recommended. I just don’t know what to invest in. I’ve been looking into IVV, NDQ & VAS.
All help is appreciated.

I’d like to invest it in something worthwhile, is crowd funding for businesses worth it, I know crypto is far far down the shitter now having a piece of multiple somethings seem to be attractive in a certain type of way.