incognito_man Posted September 17, 2020 Share Posted September 17, 2020 On 9/14/2020 at 4:13 PM, Counselor said: Tell me where when and how to invest my money please so I can not be broke thank you buy the entire market. start today. dollar cost average until you're ready to retire. #getrichslowly 4 Quote Link to comment Share on other sites More sharing options...
Scoundrel Posted September 17, 2020 Share Posted September 17, 2020 Who should I set up my Roth IRA account with? I have a traditional retirement account through my school district but I want more money for retirement. I am already 33. Quote Link to comment Share on other sites More sharing options...
TLO Posted September 18, 2020 Share Posted September 18, 2020 On 9/15/2020 at 12:24 PM, Fresh Prince said: I know how it all works lol, I read up a lot on stocks and market caps, what it all means. This post made me lose it tbh 1 Quote Link to comment Share on other sites More sharing options...
TLO Posted September 18, 2020 Share Posted September 18, 2020 4 hours ago, Counselor said: Who should I set up my Roth IRA account with? I have a traditional retirement account through my school district but I want more money for retirement. I am already 33. I’m partial to Vanguard. User friendly interface imo. 2 Quote Link to comment Share on other sites More sharing options...
Scoundrel Posted September 18, 2020 Share Posted September 18, 2020 13 minutes ago, TLO said: I’m partial to Vanguard. User friendly interface imo. I’ll look into it. Thank you Quote Link to comment Share on other sites More sharing options...
GSUeagles14 Posted September 18, 2020 Share Posted September 18, 2020 13 hours ago, MikeT14 said: Draft Kings and Peloton have been pandemic money makers for me. I HATE selling for short term gains tax, but I gotta take some of this and run. out of the two of those, draftkings seems more likely to be a positive long term investment. ij way too late to the game (especically at $50ish/share) for what could be, BUT, just think if most/all states allow online gambling in the future. What is that going to do to DKs earnings? You have to think theres a real path for them to explode. Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted September 18, 2020 Share Posted September 18, 2020 15 hours ago, TLO said: I’m partial to Vanguard. User friendly interface imo. I would second this, and for HSA's I recommend Fidelity. Also really low cost, and user-friendly enough. Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted September 19, 2020 Share Posted September 19, 2020 On 9/17/2020 at 10:57 PM, GSUeagles14 said: out of the two of those, draftkings seems more likely to be a positive long term investment. ij way too late to the game (especically at $50ish/share) for what could be, BUT, just think if most/all states allow online gambling in the future. What is that going to do to DKs earnings? You have to think theres a real path for them to explode. Didn’t sell all of it, but considering I got in at 22, I need to get out some.... Quote Link to comment Share on other sites More sharing options...
twslhs20 Posted September 19, 2020 Share Posted September 19, 2020 On 9/17/2020 at 4:33 PM, Counselor said: Who should I set up my Roth IRA account with? I have a traditional retirement account through my school district but I want more money for retirement. I am already 33. I have an RH account like your typical millennial hooligan. But I have IRAs in my old employers accounts still. 1 Quote Link to comment Share on other sites More sharing options...
twslhs20 Posted September 19, 2020 Share Posted September 19, 2020 2 hours ago, MikeT14 said: Didn’t sell all of it, but considering I got in at 22, I need to get out some.... I keep thinking about this, but Brian Feroldi always talks about selling your losers first if you need capital. I'm not touching my DK shares. 1 Quote Link to comment Share on other sites More sharing options...
Shockwave Posted September 19, 2020 Share Posted September 19, 2020 Got assigned 100 shares of NKLA and HEAR on Friday. Will sell covered calls on both til their called away. I like wheel trades. Best way to utilize options IMHO Quote Link to comment Share on other sites More sharing options...
incognito_man Posted September 19, 2020 Share Posted September 19, 2020 On 9/18/2020 at 12:14 PM, ramssuperbowl99 said: I would second this, and for HSA's I recommend Fidelity. Also really low cost, and user-friendly enough. All my investments are with Fidelity. I second their recommendation. 1 Quote Link to comment Share on other sites More sharing options...
N4L Posted September 20, 2020 Share Posted September 20, 2020 On 9/17/2020 at 7:03 PM, TLO said: This post made me lose it tbh Same. No I definitely have heard of what you are talking about but don't actually know anything about it so I'm just gonna pretend that I know what I'm saying by using these words that I don't understand Hilarious On 9/18/2020 at 11:07 PM, twslhs20 said: I keep thinking about this, but Brian Feroldi always talks about selling your losers first if you need capital. I'm not touching my DK shares. That's great advice there I'm with you - why sell DK now? Really no reason to, the stock has room to run. Just hold what you have honestly 3 Quote Link to comment Share on other sites More sharing options...
GSUeagles14 Posted September 20, 2020 Share Posted September 20, 2020 2 hours ago, N4L said: Same. No I definitely have heard of what you are talking about but don't actually know anything about it so I'm just gonna pretend that I know what I'm saying by using these words that I don't understand Hilarious That's great advice there I'm with you - why sell DK now? Really no reason to, the stock has room to run. Just hold what you have honestly whats your thoughts on royal carribean? I got in almost at the perfect time, around $28/share. obviously its done well but most price targets are sub 80 at this point, you think theres a chance they get back close to their high or is this the new normal? Quote Link to comment Share on other sites More sharing options...
twslhs20 Posted September 21, 2020 Share Posted September 21, 2020 I keep holding on NKLA like a bad penny. Quote Link to comment Share on other sites More sharing options...
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