Author Topic: New To Investing Thread (Read 330506 times)

steve dave · « **Reply #3875 on:** July 09, 2021, 07:36:57 PM »

From the group text premium subscribers. Great finmeme format.

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sys · « **Reply #3876 on:** July 15, 2021, 02:53:31 AM »

the 21st century has been good to the healthy childless adult.

https://twitter.com/scottlincicome/status/1415274537579683841

Pete · « **Reply #3877 on:** July 15, 2021, 07:21:52 AM »

The cost to outfit mom's basement into an INCEL cave have been

steve dave · « **Reply #3878 on:** July 15, 2021, 07:31:51 AM »

Check out that toy deflation

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WillieWatanabe · « **Reply #3879 on:** July 15, 2021, 09:09:04 AM »

Computer Software surprises me.

chum1 · « **Reply #3880 on:** July 16, 2021, 09:15:20 AM »

https://twitter.com/conorsen/status/1416029293583474691

DaBigTrain · « **Reply #3881 on:** July 19, 2021, 02:24:07 PM »

steve dave · « **Reply #3882 on:** July 29, 2021, 07:36:38 AM »

Quote from: steve dave on July 25, 2020, 07:54:21 PM

Quote from: DaBigTrain on July 25, 2020, 06:26:57 PM
Nikola has some hotness right now
lmao

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shocking news here

https://twitter.com/Tom_Winter/status/1420723097536188420

IPA4Me · « **Reply #3883 on:** July 29, 2021, 09:29:16 AM »

Shorts have been nailing his ass on twitter for years.

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DaBigTrain · « **Reply #3884 on:** August 04, 2021, 04:09:48 PM »

Robinhood

If this thing goes like GameStop does robinhood put it's own stock on its no trade list?

steve dave · « **Reply #3885 on:** August 04, 2021, 04:14:27 PM »

I got 25 IPO shares as a goof, lmao. Probably just ride it out since there’s little up or downside at this number of shares.

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steve dave · « **Reply #3886 on:** August 05, 2021, 03:08:38 PM »

Psyche, I bailed

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DaBigTrain · « **Reply #3887 on:** August 24, 2021, 01:48:19 PM »

We are on the move again!

chum1 · « **Reply #3888 on:** August 27, 2021, 01:59:42 PM »

https://twitter.com/KellisRobinett/status/1431317079328755714

DaBigTrain · « **Reply #3889 on:** September 03, 2021, 03:09:00 PM »

I moved some money over to just do options trading. After 2 weeks in the books I am really good at this but also got royally mumped by the FDA tanking $ABBV stock this week and murdering my $121 call.

DaBigTrain · « **Reply #3890 on:** September 03, 2021, 03:09:24 PM »

bucket · « **Reply #3891 on:** September 03, 2021, 03:29:13 PM »

Quote from: DaBigTrain on September 03, 2021, 03:09:00 PM

I moved some money over to just do options trading. After 2 weeks in the books I am really good at this but also got royally mumped by the FDA tanking $ABBV stock this week and murdering my $121 call.

eff that. DBT must have balls of steel.

catastrophe · « **Reply #3892 on:** September 14, 2021, 12:28:17 PM »

Roll ‘em if you got ‘em

https://www.cnbc.com/2021/09/13/house-democrats-propose-new-retirement-plan-rules-for-the-wealthy.html

steve dave · « **Reply #3893 on:** September 14, 2021, 12:36:37 PM »

Quote from: catastrophe on September 14, 2021, 12:28:17 PM

Roll ‘em if you got ‘em

https://www.cnbc.com/2021/09/13/house-democrats-propose-new-retirement-plan-rules-for-the-wealthy.html

I'm about to do our 2021 contributions and backdoors. will be very sad if it's the last time.

catastrophe · « **Reply #3894 on:** September 14, 2021, 12:55:31 PM »

Yeah it would be a bummer, especially because I can do mega back door at my current job. Still, the law actually makes sense and I wouldn’t mind one less golden handcuff keeping me here.

WonderMeal · « **Reply #3895 on:** September 14, 2021, 01:12:47 PM »

Quote from: catastrophe on September 14, 2021, 12:28:17 PM

Roll ‘em if you got ‘em

https://www.cnbc.com/2021/09/13/house-democrats-propose-new-retirement-plan-rules-for-the-wealthy.html

This proposal only applies to individuals making $400,000/year ($450,000 for couples) or with IRAs valued at $10 million. So, while this will disproportionately impact KSU grads, it likely won't apply to the vast vast vast majority of the US.

catastrophe · « **Reply #3896 on:** September 14, 2021, 01:21:51 PM »

I read the part about regular backdoor conversions differently. Maybe just poorly worded in the article, but I thought it said basically if you make too much to contribute to a Roth IRA directly then you cannot rollover a traditional IRA to a Roth. (Which actually makes sense)

KITNfury · « **Reply #3897 on:** September 14, 2021, 05:56:50 PM »

I'm all for removing accredited investor requirements, people should be able to lose/build their wealth freely imo, but it was in place to protect the unsavvy.

kim carnes · « **Reply #3898 on:** September 14, 2021, 06:03:05 PM »

Quote from: WonderMeal on September 14, 2021, 01:12:47 PM

Quote from: catastrophe on September 14, 2021, 12:28:17 PM
Roll ‘em if you got ‘em

https://www.cnbc.com/2021/09/13/house-democrats-propose-new-retirement-plan-rules-for-the-wealthy.html

This proposal only applies to individuals making $400,000/year ($450,000 for couples) or with IRAs valued at $10 million. So, while this will disproportionately impact KSU grads, it likely won't apply to the vast vast vast majority of the US.

No. The mega backdoor will be gone no matter how much you make (assuming this passes as proposed).

sys · « **Reply #3899 on:** September 14, 2021, 06:56:24 PM »

i'll be really surprised if they can pass that (and also really sad).