Investing, Stock Market and Retirement Planning Thread
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Investing, Stock Market and Retirement Planning Thread
Dear financial gods, I'm sorry for angering you. The latest slide can now reverse course, please and thank you.
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Investing, Stock Market and Retirement Planning Thread
October, mid to late. Should be a real nice rebound then...I'm already compiling homerun calls, despite theta decay...
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Investing, Stock Market and Retirement Planning Thread
I just read that some are predicting the 401k limit to jump to $22.5k in 2023. That'd be a welcome change. Now do IRAs and DFSAs you **** cowards.
Investing, Stock Market and Retirement Planning Thread
Just crazy how fast and hard stuff goes south these days.
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Investing, Stock Market and Retirement Planning Thread
In other news, my credit union has some nice CDs available right now:
24 month: 3.56%
30 month: 3.82%
36 month: 4.08%
24 month: 3.56%
30 month: 3.82%
36 month: 4.08%
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Investing, Stock Market and Retirement Planning Thread
I took advantage of that 36-month CD, as it was a no brainer.
In other news, @DigitalGypsy66, Marcus is up to 1.90%.
In other news, @DigitalGypsy66, Marcus is up to 1.90%.
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Investing, Stock Market and Retirement Planning Thread
It didn't dawn on me until this morning that I'm going to have to adjust 401k contributions for the remainder of the year so that I don't over-contribute. I wish there was an automated process where the new company would see how much I've contributed and cut it off at the correct time.
Also, yikes...
Also, yikes...
Investing, Stock Market and Retirement Planning Thread
Lots of words to say I have to pay attention because I'm rich, dodint.
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Investing, Stock Market and Retirement Planning Thread
Yeah I'm almost 16% down this year.
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Investing, Stock Market and Retirement Planning Thread
If I were rich I wouldn’t be hanging out with you peons. Instead, we’re all peons here.Lots of words to say I have to pay attention because I'm rich, dodint.
Investing, Stock Market and Retirement Planning Thread
Is the maximum contribution based on just your side, or does it also include employer match?
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Investing, Stock Market and Retirement Planning Thread
There are limits for both, but the limit on the employer side is something insane like $58k? Makes no sense.Is the maximum contribution based on just your side, or does it also include employer match?
Investing, Stock Market and Retirement Planning Thread
So whats my limit? I just checked and I have like $15k in contributions YTD already, but that includes employer match.
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Investing, Stock Market and Retirement Planning Thread
$20,500 of your own contributions for 2022, and $61,000 for your employer match. Your retirement account should separate those two figures to show how much you yourself have actually contributed.So whats my limit? I just checked and I have like $15k in contributions YTD already, but that includes employer match.
Investing, Stock Market and Retirement Planning Thread
I did not know that. Neat.
Investing, Stock Market and Retirement Planning Thread
Thanks, about 2/3 mine 1/3 theirs. I won't hit the limit, but I'm closer than I thought. I guess that's a good thing.
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Investing, Stock Market and Retirement Planning Thread
when I was growing up my grandma purchased a lot of EE bonds in my name and some have fully matured but I’m trying to figure out how the value is calculated. For example, using this site (https://treasurydirect.gov/BC/SBCPrice) I have a bond that has a denomination of $500, issued in 08/1993, that’s worth $791. But it says the issue price was $250
where the does the $500 come into play? does the interest accrue from the $500 rather than the issue price of $250?
where the does the $500 come into play? does the interest accrue from the $500 rather than the issue price of $250?
Investing, Stock Market and Retirement Planning Thread
I think the way those bonds worked was that you get the face value on maturity (the $500), and you buy the bond for half of the face value (the $250). If you don't cash at maturity, you can get additional interest up to a point, but I think there's a point where interest stops.
Investing, Stock Market and Retirement Planning Thread
Bonds in 93 matured (doubled) in 18 years but continue to accrue additional interest for 30 years according to a very quick Google search. So your $291 started accruing in 2011.
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Investing, Stock Market and Retirement Planning Thread
Today was a bad day to look at your investments.
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Investing, Stock Market and Retirement Planning Thread
I basically bet on a market collapse yesterday morning. So, I turned a 5x trade in the last 30 hours or so. Real nice return. I'm going back in for more, I don't think this is the bottom. If we break SPY 385, we could really gap down hard...there's a lot of SPY gaps...a lot of volatility, so you can go lotto calls (not me) or puts (me) with short term bangs like I just did.
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Investing, Stock Market and Retirement Planning Thread
Damn...could have been 15x right now. ATP - always take profits. But **** man, could have turned 15x if I had held on a little longer...
My re-dips are already up 2x. If we find some support at 385-390, we could catch a nice quick bounce...
This is a high-risk option trader environment right here...let's ride...
My re-dips are already up 2x. If we find some support at 385-390, we could catch a nice quick bounce...
This is a high-risk option trader environment right here...let's ride...
Investing, Stock Market and Retirement Planning Thread
Worst day for SPY since June 2020.
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Investing, Stock Market and Retirement Planning Thread
Could be some wild swings in the 2 o'clock ET hour here. Load up on some options if you're into being wealthy...
Investing, Stock Market and Retirement Planning Thread
Let's gooo jpowww
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