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Everything on my dashboard is red. What kind of upside down world have we stumbled into? Stonks are only supposed to go up!

Talk about a nostalgia punch. It's like the 80s and Nickelodeon had a love child.

So why should I be investing in cat food? And why is Temptations the brand of choice?

Are people just not reading my mandatory thread titles? I already went over this. We call that thread Pussy Shit.

4 threads: SPAC DOGE PENNY PUSSY SHIT

That has to be a problem with your bank. Mine went through in less than 24 hours when I created my account.

I've never bought units before. So if you bought units now of CPUH you don't actually sell them at a later date. You convert them to common stock (preferably when the unit price is higher than the common stock price?) and then you can do as you please with the common stock. Is this correct?

There were a bunch of stupid little baubles and collectibles you could decorate it with. Statues and holiday decorations and shit like that. Plus all the music stuff.

Didn't people go ham decorating their garrisons? I thought the general consensus was "Garrisons are cool! We like them! But they are fully functional personal cities that nobody ever has to leave, which is overboard and stupid"

The amount of power that man holds over the market is getting out of hand.

Checks his investment account "Sold PYPL at 226" "Got stopped out of PLTR at 23" "Sold PPG at 119" Checks out

I think she's talking about backdooring (heh heh heh) a Roth. AFAIK you just create a Roth, and rollover the funds from the traditional into the Roth.

The way I think about it is this. I will likely be able to retire at 45, but as mentioned previously drawing from my retirement accounts would be counterproductive. Instead, I plan to "semi-retire". Meaning I will probably try to find a job as a ranger or starter at a golf course that also...

Heh, not quite that much. It's ~207k/yr for 35% bracket isn't it? And yea, I'm looking forward to leaving the Northeast. Hopefully soon.

So Wall Street owns about 6% of BTC. How much do we think China owns? 20%?

Way above Roth income limits, would have to backdoor and I plan on being in a much lower tax bracket at retirement (currently in the 35% tax bracket)

I was W2 through a consulting firm. They had a 401k... with no matching, and the worst fund options and expense ratio I've ever seen. So basically they didn't have a 401k. Their best fund made 7.3% last year. I made 53%.

Question about IRAs, Retirement plans from work and MAGI. For the past 5 years I've been a consultant and had no 401k option so I just contributed the max to a traditional IRA and called it good. The company I was consulting for got tired of paying me a consultant's wages and just kind of...

Yea let's go with that.

Yes, its very relevant. "Oh you're making 1/3rd of what you were by collecting unemployment? What are you complaining about? You should live it up and take a European vacation!" Perfectly relevant for the investing thread. Leave that shit in the politics thread.

Can we keep this idiotic, drooling political drivel out of this thread?

Hot take.

Started another Grim Dawn playthrough. Really scratches that Diablo 2 itch.

NKLA is an example of something negative. A vaporware company being brought to market and sold as the next innovator of EV, simply to pump its stock price for a quick dump. This is a problem. It's absolutely a negative. And its basically the sole purpose of SPACs because otherwise these...

This is fine... for now. But its important to note that when you're looking to invest in SPACs you're looking to essentially pull money out of thin air because our financial markets are swiss cheese and easy to manipulate, and not that SPACs are a legitimately good investment vehicle. This is...

All SPACs are dubious at best. They are backdoor channels used to get questionable companies an IPO for a quick buck. The blind optimism surrounding them here is... kind of weird actually. For every 1 Lucid there are 10 NKLAs

Uh... Bueller? Bueller? NKLA??

GME up 50% today....

The best part of this chart is that the S&P gained 17.25% in a year with economic shutdowns and a global pandemic. All anyone needs to do is Diamond Hands the S&P

I don't doubt that these hedge funds would still be able to secure more borrowed stock to short. But it's fucking madness that a fund that is essentially insolvent at that moment in time would get anything from anyone, anywhere. And why would anyone lend shares at that inflated price? It makes...

Well, things like this keep the momentum of "feels" buying going. https://finance.yahoo.com/news/dave-portnoy-stakes-700k-amc-061244626.html

Another thread ruined by simpletons. Cool.

SPACs!!!! https://finance.yahoo.com/news/shareholder-notice-brodsky-smith-llc-234600036.html

Looks like a hold til merger goes through, hope for a quick shoot up on the news, then cut bait.

Well I was kind of bullish on WPF because I thought Alight might be a company worth holding. Turns out Alight might be a garbage company with terrible security practices. https://ago.vermont.gov/blog/2019/08/22/alight-solutions-llc-notice-of-data-breach-to-consumers/ They've been sued several...

SPACs had to die out sooner or later.

It means on a ~10k investment they will charge you ~620/yr for the pleasure of buying into their ETF.

You might want to immediately close out of Amplify (CNBS) because it has a ~6.2% expense ratio.

Healthcare IT is where the money will be soon. Meaningful use is forcing companies to move their EHR systems forward and there haven't really been any clear winners in that field yet. Gotta wait for Meaningful use stage 4 most likely. I've got my eye on a few companies that are still private...