Investing, Stock Market and Retirement Planning Thread

Postby **count2infinity** » Mon Mar 01, 2021 3:16 pm

GME with another good day...

Postby **NTP66** » Mon Mar 01, 2021 3:18 pm

Nice try...

Postby **count2infinity** » Tue Mar 02, 2021 8:16 am

About half of my stuff has transferred from RH to TDA... weird it wouldn't all happen in one shot, but it is what it is. Just hoping to not get screwed in all of this. I took screen shots of all my positions and what was in my account before the transfer.

Postby **willeyeam** » Tue Mar 02, 2021 10:02 am

oh ffs

Postby **count2infinity** » Tue Mar 02, 2021 10:11 am

Oh lawd....

Postby **willeyeam** » Tue Mar 02, 2021 10:13 am

honestly it might be a good idea

Postby **count2infinity** » Tue Mar 02, 2021 10:17 am

The future is now... Seems they'll combine meme stonking with actual analytics. It's either going to be good or it's going to be

YouTube · Postby **mikey** » Tue Mar 02, 2021 1:16 pm

Yeah, I'm skeptical if I really need to get sucked in to a machine that is designed to suck you in...

That said, barstool gives me pause...that has a tacit faux cult following to it...

YouTube · Postby **mikey** » Tue Mar 02, 2021 1:17 pm

https://investwithbuzz.com/performance-holdings/

Other than the self-fulfilling AI prophecy of Twitter and the inclusion of noted fake company Nikola, I can't really hate it tbh...

Postby **MalkinIsMyHomeboy** » Tue Mar 02, 2021 1:21 pm

all reminds me of Wolf of Wall Street

it doesn't matter if $BUZZ does well or not, Portnoy and his cronies are gonna cash in on the fees

Postby **Dickie Dunn** » Tue Mar 02, 2021 1:36 pm

Portnoy ain’t gonna see **** in fees. He’s just a marketing mouth (which will undeniably give it a boost) for $BUZZ, which is really named the VanEck Vectors Social Sentiment ETF, features VanEck as the investment manager, and is a re-launch of the BUZZ US Sentiment Leaders ETF ($BUZ), which closed down after three years of operation in 2019 with under $9MM in assets.

Postby **MalkinIsMyHomeboy** » Tue Mar 02, 2021 1:39 pm

Portnoy ain’t gonna see **** in fees. He’s just a marketing mouth (which will undeniably give it a boost) for $BUZZ

I'm willing to bet he's not doing it pro bono

Postby **Dickie Dunn** » Tue Mar 02, 2021 1:48 pm

Portnoy ain’t gonna see **** in fees. He’s just a marketing mouth (which will undeniably give it a boost) for $BUZZ
I'm willing to bet he's not doing it pro bono

Yea but that’s called getting paid for your services, not cashing in on ETF management fees. VanEck manages $49B. Portnoy just did a social media commercial for them.

Postby **Dickie Dunn** » Tue Mar 02, 2021 5:01 pm

Shorts doing their thing on $FUBO, but I expect it to rocket in the near future. Excellent earnings report and

Postby **willeyeam** » Tue Mar 02, 2021 5:01 pm

Yes everything appears promising. I'd hope for a good week or two here

Postby **count2infinity** » Wed Mar 03, 2021 6:47 am

I want to sell my OCGN stock, but my account is locked until it's transferred.... blah. Should have liquidated everything before doing the switch.

Well... thanks, Robinhood? Lol

Postby **MWB** » Wed Mar 03, 2021 7:18 am

I own a townhouse that I rented out for the past year and a half. With a bad experience in the last tenant and anxiety over future issues like it, I decided to sell the house and take advantage of the hot market. The original goal was to rent it for 20 years and use the money from the sale for retirement. I’ll be getting about $30-40000 from the sale now. Is it best to just stick it in a retirement fund? I’d kind of like to have some of that money be more liquid, but also don’t just want it sitting in a savings account. Any advice?

Postby **NTP66** » Wed Mar 03, 2021 7:24 am

Most liquid options are **** right now (bank rates, CDs, etc.), and have been for quite some time. Personally, I'd throw the money in VTSAX in my brokerage account. The money's there if you ever need it, and since it's a long term fund, assuming you don't touch it for 1 year+, capital gains taxes are lower. I'd still include this money in your asset allocation calculation so that you're not putting too much into equities, etc.

Postby **count2infinity** » Wed Mar 03, 2021 7:39 am

Dogecoin. All of it.

Postby **count2infinity** » Wed Mar 03, 2021 8:00 am

But for real, what NTP said. Find a mutual fund or ETF that you like, put it there. Set it and forget it.

Postby **MWB** » Wed Mar 03, 2021 8:08 am

Thanks for the advice.

So I shouldn’t just take it to Vegas?

Postby **Beveridge** » Wed Mar 03, 2021 8:15 am

Keep in mind too that you can only put 6,000 a year in an IRA, so the only way to get more of it in retirement is if you can max out a 401k at work and then use the sale proceeds to supplement the difference in take home pay. Also, you might owe tax (depending on all the details) on the sale of the property if there was a gain so keep that in mind as well.

Postby **NTP66** » Wed Mar 03, 2021 8:17 am

For the sake of clarity, my suggestion would be to use a taxable brokerage account, not an IRA, since you want it to be liquid.

Postby **Beveridge** » Wed Mar 03, 2021 8:19 am

I didn't see the liquid part. Yeah, don't put any money you want available into a retirement account.

YouTube · Postby **mikey** » Wed Mar 03, 2021 10:18 am

Put it in ARKs or TSLA...not kidding...

It remains liquid there and will actually grow significantly in your time table...