Investing, Stock Market and Retirement Planning Thread

Postby **count2infinity** » Wed Jan 27, 2021 9:41 am

Robinhood in browser is wonky for me today... must have a ton of traffic.

Postby **skullman80** » Wed Jan 27, 2021 9:43 am

RH and lots of other sites are crashing. RH had some issues yesterday too.

Postby **count2infinity** » Wed Jan 27, 2021 9:43 am

The app seems to be fine.

Postby **skullman80** » Wed Jan 27, 2021 9:44 am

Reddit also seems to be dead for me.

Postby **skullman80** » Wed Jan 27, 2021 9:44 am

The app seems to be fine.

yeah i just pulled up the app and it seems good.

Postby **skullman80** » Wed Jan 27, 2021 9:45 am

though the app says my portfolio information is not available right now ha.

Postby **skullman80** » Wed Jan 27, 2021 9:45 am

Now my portfolio is back.

Postby **Fire0nIce228** » Wed Jan 27, 2021 9:50 am

ya'll should have this play money in an IRA so you dont pay taxes on the gainz. Course you cant access it but its play money anyway right? little boost to the retirement if you can cash out with gainz.

Postby **skullman80** » Wed Jan 27, 2021 9:51 am

ya'll should have this play money in an IRA so you dont pay taxes on the gainz. Course you cant access it but its play money anyway right? little boost to the retirement if you can cash out with gainz.

If I would have thought this out more beforehand I would have, also I invested so little, I didn't really expect to make that much back that taxes would be an issue... but we see how that is going.

Postby **skullman80** » Wed Jan 27, 2021 9:53 am

Haha.. a halt at 269.69.

Postby **mac5155** » Wed Jan 27, 2021 9:53 am

Halted at 269

Postby **Troy Loney** » Wed Jan 27, 2021 9:54 am

This gamestop thing is weird.

Is it some internet campaign to try and counter the short sellers or something? Seems like this wont end well.

Postby **King Colby** » Wed Jan 27, 2021 9:55 am

I mean I'm in $1,000

I've spent a grand on a lot dumber stuff

Postby **skullman80** » Wed Jan 27, 2021 9:56 am

I mean I'm in $1,000

I've spent a grand on a lot dumber stuff

This is me as well.

Postby **Troy Loney** » Wed Jan 27, 2021 9:57 am

I would take the money at get out of that position.

Postby **Morkle** » Wed Jan 27, 2021 9:58 am

ya'll should have this play money in an IRA so you dont pay taxes on the gainz. Course you cant access it but its play money anyway right? little boost to the retirement if you can cash out with gainz.
If I would have thought this out more beforehand I would have, also I invested so little, I didn't really expect to make that much back that taxes would be an issue... but we see how that is going.

Yea I'm still paying under $200 in taxes, NBD. It's more funsies for me than anything.

Postby **count2infinity** » Wed Jan 27, 2021 9:58 am

AMC crashing...

Postby **MrKennethTKangaroo** » Wed Jan 27, 2021 10:00 am

This gamestop thing is weird.

Is it some internet campaign to try and counter the short sellers or something? Seems like this wont end well.

I just can't imagine one wall street big swinging dck forcing another wall street big swinging dick to cover a short position that is artificially high because a bunch of redditors wanted it to be.

Postby **Pavel Bure** » Wed Jan 27, 2021 10:01 am

$300!!!!!

Postby **mac5155** » Wed Jan 27, 2021 10:01 am

Isn't that the rule tho

Postby **Pavel Bure** » Wed Jan 27, 2021 10:03 am

Postby **mac5155** » Wed Jan 27, 2021 10:03 am

It's not like reddit is spamming peoples emails. We're talking like actual dollars here.

Postby **skullman80** » Wed Jan 27, 2021 10:05 am

There are people up tens of thousands, hundreds of thousands, and even millions of dollars because of this. Yes the ride will end at some point, you need an exit strategy, but hopping off now makes no sense IMO. I don't have as much invested as others, but I'm riding this out to squeeze as much cash out as I can.

I have a point where I will jump off both on the high end and the low end to protect my initial investment.

Postby **skullman80** » Wed Jan 27, 2021 10:06 am

$300!!!!!

We were at almost 350 AH trading at one point (I know because I was awake)... but every day this closes higher the better it gets.

Postby **NTP66** » Wed Jan 27, 2021 10:07 am

Vanguard is completely **** down, and I haven't been able to place my order yet. On top of that, you can't buy or sell without calling in right now.