Author Topic: New To Investing Thread  (Read 327123 times)

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Offline 'taterblast

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Re: New To Investing Thread
« Reply #4150 on: May 06, 2022, 11:50:08 AM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Online steve dave

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Re: New To Investing Thread
« Reply #4151 on: May 06, 2022, 12:02:36 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?
You can, but you shouldn’t

Offline chum1

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Re: New To Investing Thread
« Reply #4152 on: May 06, 2022, 12:05:08 PM »
I'm wondering if I should buy A LOT more, personally.

Offline Stupid Fitz

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Re: New To Investing Thread
« Reply #4153 on: May 06, 2022, 12:07:52 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Yes, and please let us all know when the dust settles so we can get super rich along with you.

Offline Spracne

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Re: New To Investing Thread
« Reply #4154 on: May 06, 2022, 12:20:20 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Yes, and please let us all know when the dust settles so we can get super rich along with you.

lmao. Exactly. Also, I would like to add 'taterblast to my professional network on LinkedIn. I need someone to tell me when exactly to time the market.

Offline michigancat

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Re: New To Investing Thread
« Reply #4155 on: May 06, 2022, 12:24:01 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

theoretically you could do this every day and even every hour and make crazy amounts of money.

Offline 'taterblast

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Re: New To Investing Thread
« Reply #4156 on: May 06, 2022, 12:32:25 PM »
obviously it would be impossible to get the timing perfect but it seems like everything is going to suck crap for a while so :dunno: but yeah not going to do it

Offline Cardiac Cats

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Re: New To Investing Thread
« Reply #4157 on: May 06, 2022, 12:38:40 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Pretty sure the only way to avoid taxes is by cashing it all out and handing a duffel bag to Avery or some other stud.

So leave it alone or bring Avery home, you can’t lose here.

Offline michigancat

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Re: New To Investing Thread
« Reply #4158 on: May 06, 2022, 12:40:29 PM »
obviously it would be impossible to get the timing perfect but it seems like everything is going to suck crap for a while so :dunno:

yeah this also applies to my hourly trading plan

Offline bucket

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Re: New To Investing Thread
« Reply #4159 on: May 06, 2022, 12:47:48 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Yes, and please let us all know when the dust settles so we can get super rich along with you.

lmao. Exactly. Also, I would like to add 'taterblast to my professional network on LinkedIn. I need someone to tell me when exactly to time the market.

Well, KatKid already did it once (spring 2020)

Offline catastrophe

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New To Investing Thread
« Reply #4160 on: May 06, 2022, 01:08:22 PM »
so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?

Yes, and please let us all know when the dust settles so we can get super rich along with you.

lmao. Exactly. Also, I would like to add 'taterblast to my professional network on LinkedIn. I need someone to tell me when exactly to time the market.

Well, KatKid already did it once (spring 2020)
Still missed out on a ton of gains by failing to predict the V shaped recovery. Like they say, when you try to time the market you have to be right twice.

Online steve dave

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Re: New To Investing Thread
« Reply #4161 on: May 06, 2022, 02:35:53 PM »
obviously it would be impossible to get the timing perfect but it seems like everything is going to suck crap for a while so :dunno: but yeah not going to do it
I’ve got some apparently breaking news for you, the best time to buy has always been when everyone thought everything was going to suck crap.

Online steve dave

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Re: New To Investing Thread
« Reply #4162 on: May 09, 2022, 06:46:25 AM »
I-bonds at 9.6%

:sdeek:

Offline Phil Titola

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Re: New To Investing Thread
« Reply #4163 on: May 09, 2022, 06:57:16 AM »
I-bonds at 9.6%

:sdeek:

Fixed rate is still 0.0 shockingly and disappointingly.

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Re: New To Investing Thread
« Reply #4164 on: May 09, 2022, 08:32:44 AM »

Offline sys

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Re: New To Investing Thread
« Reply #4165 on: May 09, 2022, 01:30:29 PM »
still up, ytd.

i was so innocent back then.
"experienced commanders will simply be smeared and will actually go to the meat."

Online steve dave

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Re: New To Investing Thread
« Reply #4166 on: May 11, 2022, 09:50:54 PM »
he could irl buy it tomorrow for half of what he overzealously and lmao timingly committed to it and he should make certain that the SEC torpedos it

https://twitter.com/markets/status/1524582405427892224

Online steve dave

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Re: New To Investing Thread
« Reply #4167 on: May 12, 2022, 05:06:47 PM »
thank god I stopped out of all my crypto before this bloodbath. let's go check on how the ol' stockaroonies have done this week....


Offline yoga-like_abana

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Re: New To Investing Thread
« Reply #4168 on: May 12, 2022, 05:23:55 PM »
Lmao


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Offline DQ12

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Re: New To Investing Thread
« Reply #4169 on: May 13, 2022, 08:32:24 AM »
good to be a Phillip Morris man.  :bigtoke:


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Offline yoga-like_abana

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Re: New To Investing Thread
« Reply #4171 on: July 12, 2022, 09:22:01 AM »
here comes the R word

Offline wetwillie

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Re: New To Investing Thread
« Reply #4172 on: July 12, 2022, 11:44:07 AM »
By definition of the word we are already in it bub
When the bullets are flying, that's when I'm at my best

Online steve dave

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New To Investing Thread
« Reply #4173 on: July 12, 2022, 11:50:51 AM »
By definition of the word we are already in it bub
Not true (the two consecutive quarters of lower GDP is a recession). NOW we MAY be in a recession but the official body that calls it takes more into consideration than that. These employment numbers are telling a much different story (for now….)
« Last Edit: July 12, 2022, 12:05:20 PM by steve dave »

Offline wetwillie

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Re: New To Investing Thread
« Reply #4174 on: July 12, 2022, 11:59:08 AM »
D word is in full effect, R word is waiting on standby it appears.
When the bullets are flying, that's when I'm at my best