I’ve been DCA’ing lately. Not much trading
Yeah my stock buys have been holding up so far. Just gonna wait till the states open back up to see what happens
What’s everyone’s portfolio looking like?
Stock market is so volatile, reminds me of the crypto market few years ago when bitcoin hit 19k
Lots of opportunities to make money and lose money
Thinking of just holding on to my money till everything crashes in June
Why do you think everything will crash in June?
Buy high sell low
How many of you got Roth IRA in here?
what institution? im looking to start one in the next month or so
what institution? im looking to start one in the next month or so
I’m still choosing myself, but been thinking about going with Vanguard. Fidelity and Schwab are also good. I also believe you still can contribute for 2019 till July.
How many of you got Roth IRA in here?
I have one I was adding money to every month for a long time but now I'm doing a 401k cause my current employer matches whatever I add every month
I have one I was adding money to every month for a long time but now I'm doing a 401k cause my current employer matches whatever I add every month
Why don’t you do both?
Also, what is your ratio in your portfolio?
Why don’t you do both?
Also, what is your ratio in your portfolio?
I could do both but the Roth IRA makes a lot less sense because I have access to a good 401k plan
I'm basically putting all my free money that I don't put towards crypto into the 401k because like I said I get matched so I get double the money
also because the 401k is pretax money I would be paying more in taxes to do it via the Roth IRA
the 401k has a 20k limit every year tho once I hit that limit I'd switch back to the Roth IRA
I could do both but the Roth IRA makes a lot less sense because I have access to a good 401k plan
I'm basically putting all my free money that I don't put towards crypto into the 401k because like I said I get matched so I get double the money
also because the 401k is pretax money I would be paying more in taxes to do it via the Roth IRA
the 401k has a 20k limit every year tho once I hit that limit I'd switch back to the Roth IRA
Oh I see, that makes sense. The Roth IRA advantage is that there’s no tax when you withdraw money in the future.
Oh I see, that makes sense. The Roth IRA advantage is that there’s no tax when you withdraw money in the future.
yeah exactly
also the Roth IRA let's me put my money where ever I want, I can buy any bond, stock or etf
also you can take 10k out of a Roth IRA to buy a house with no penalty, for the 401k I have to wait till 59.5
if it wasn't for the 100% matching I'd do more in the Roth IRA
the 401k only has 20 different types of investments I can buy and I have to plan to buy those assets before my paycheck comes cause the money comes out of my paycheck
yeah exactly
also the Roth IRA let's me put my money where ever I want, I can buy any bond, stock or etf
also you can take 10k out of a Roth IRA to buy a house with no penalty, for the 401k I have to wait till 59.5
if it wasn't for the 100% matching I'd do more in the Roth IRA
the 401k only has 20 different types of investments I can buy and I have to plan to buy those assets before my paycheck comes cause the money comes out of my paycheck
Good s*** that you taking advantage of both 401k and IRA. Like to see more people doing this.
What's your portfolio ratio looking like in IRA?
How much % of stocks and bonds are you holding?
Good s*** that you taking advantage of both 401k and IRA. Like to see more people doing this.
What's your portfolio ratio looking like in IRA?
How much % of stocks and bonds are you holding?
I have 30% Bonds in my 401k and 70% Stable funds, will be moving that into stock Index funds when I think we are closer to a bottom
the Roth IRA I had all in stocks till January then I sold, now 70% of is just sitting in the account and then I have some Bonds also now
bitcoin will never ever trade below $8,000 again!
Stocks been up a lot since the tank but they gonna tank again? Feels inevitable
How many of you got Roth IRA in here?
Roth IRA, and 401k.
Is Coinbase down or am I hacked
PENN stock boomin and sports ain’t even back gg
Booming? I sold near like $40. They hit 4 bucks a share...
Booming? I sold near like $40. They hit 4 bucks a share...
i have 1020 shares from 13
Crypto looks beautiful today
i have 1020 shares from 13
but why xD