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  • champagnepapi

    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

  • Apr 28, 2020
    Fire Lord

    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?

  • 0 🫪
    Apr 28, 2020
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    1 reply

    Buy high sell low

  • Apr 28, 2020
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    4 replies

    How many of you got Roth IRA in here?

  • Apr 28, 2020
    0

    Buy high sell low

  • Apr 28, 2020
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    1 reply
    GhostDeini718

    How many of you got Roth IRA in here?

    what institution? im looking to start one in the next month or so

  • Apr 28, 2020
    marcos

    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.

  • neon 🍄
    Apr 28, 2020
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    1 reply
    GhostDeini718

    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

  • Apr 28, 2020
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    1 reply
    neon

    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?

  • neon 🍄
    Apr 28, 2020
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    1 reply
    GhostDeini718

    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

  • Apr 28, 2020
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    1 reply
    neon

    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.

  • neon 🍄
    Apr 29, 2020
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    GhostDeini718

    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

  • Apr 29, 2020
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    1 reply
    neon

    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?

  • Apr 29, 2020
    GhostDeini718

    How many of you got Roth IRA in here?

    Traditional IRA 🤷‍♂️

  • neon 🍄
    Apr 29, 2020
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    GhostDeini718

    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

  • 0 🫪
    Apr 29, 2020
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    2 replies

    bitcoin will never ever trade below $8,000 again!

  • Prez 💎
    Apr 29, 2020
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    1 reply

    Stocks been up a lot since the tank but they gonna tank again? Feels inevitable

  • JayS 🦄
    Apr 29, 2020
    GhostDeini718

    How many of you got Roth IRA in here?

    Roth IRA, and 401k.

  • JayS 🦄
    Apr 29, 2020
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    1 reply

    Is Coinbase down or am I hacked

  • Apr 29, 2020
    JayS

    Is Coinbase down or am I hacked

    servers being a bit eh lately

  • Apr 29, 2020
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    1 reply

    PENN stock boomin and sports ain’t even back gg

  • JayS 🦄
    Apr 29, 2020
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    1 reply
    www quakerboy us

    PENN stock boomin and sports ain’t even back gg

    Booming? I sold near like $40. They hit 4 bucks a share...

  • Apr 29, 2020
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    1 reply
    JayS

    Booming? I sold near like $40. They hit 4 bucks a share...

    i have 1020 shares from 13

  • neon 🍄
    Apr 29, 2020

    Crypto looks beautiful today

  • 0 🫪
    Apr 29, 2020
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    1 reply
    www quakerboy us

    i have 1020 shares from 13

    but why xD