Investing General Discussion
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Mist
Eeyore Enthusiast
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Don't even need to read the article to know it's time to go all in.
www.cnbc.com
Afternoon update: Here's why Jim Cramer says this market rally ‘will not last’
Jim Cramer says the strength in stocks seen Monday afternoon is a “countertrend day,” not the real deal.
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I got on for an average buy of 25. I held that bag all the way down to 10 and resold at 35. If it goes back down to 10 I’ll pick some up again. There is some Chinese firm pump and dumping. Every 3 months or so. Really hoped for a 2k run again, but too many people jumped on thinking the same and it died down in 2 days.
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swayze22
Elite
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was this covered here? (I was hibernating in December) Rollover from 529 to ROTH IRA with no penalty, good way to set up kids regardless of college attendance and give them $35k tax free for perpetuity.
www.cnbc.com
Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024
Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy.
- The 529 account must have been open for more than 15 years
- The eligible rollover amount must have been in the 529 account for at least 5 years
- The funds must be rolled over to a Roth IRA owned by the 529 account beneficiary (student)
- There’s a $35,000 lifetime cap on Roth IRA rollovers for each 529 account beneficiary
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,463
- 107,518
Great catch.was this covered here? (I was hibernating in December) Rollover from 529 to ROTH IRA with no penalty, good way to set up kids regardless of college attendance and give them $35k tax free for perpetuity.
Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024
Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy.
- The 529 account must have been open for more than 15 years
- The eligible rollover amount must have been in the 529 account for at least 5 years
- The funds must be rolled over to a Roth IRA owned by the 529 account beneficiary (student)
- There’s a $35,000 lifetime cap on Roth IRA rollovers for each 529 account beneficiary
Rod-138
Trakanon Raider
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Secure Act 2.0 has lots of little tweaks that are good for flexibility. The government is only in power as long as people can barely get by, but get by. I think they saw how low of a % people had saved enough and are trying to help - while helping themselves of course.
Sanrith Descartes
Veteran of a thousand threadban wars
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Closed out my MP puts for about 50% profit. I would have been comfortable riding them out to expiry (Jan 20th) but dont want to risk holding them into Week 1 of Earnings Season plus the Fed.
Sanrith Descartes
Veteran of a thousand threadban wars
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Dumped CAT at $250 and banked some solid profits. Good stock, solid performer but I think it just got out ahead of itself (as have most of the other industrial stocks). Will definitely circle back when it slides back below $200.
Closed out PLTR puts for a couple of pennies.
Closed out PLTR puts for a couple of pennies.
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Mist
Eeyore Enthusiast
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I'm not putting any more big money into indexes until we have whatever debt limit/government shutdown fight. Just my normal $150 a week into SPY.
I've got this thing going with SoFi where I auto-deposit $50 3x a week into an Invest account and I get 2% back in points. I then put that money into SPY the next time I see it dip in the middle of the day. So I get a free 2% return!
I've got this thing going with SoFi where I auto-deposit $50 3x a week into an Invest account and I get 2% back in points. I then put that money into SPY the next time I see it dip in the middle of the day. So I get a free 2% return!
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Sanrith Descartes
Veteran of a thousand threadban wars
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Free money is best money.
Fidelity has a credit card that converts 2% of your spend into a deposit in your account.
Mist
Eeyore Enthusiast
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Yeah I already get all sorts of cashback stuff. But this is different, this is 2% back on money you deposit into your investment account, up to $50 deposits, 3x a week.
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Moglyzoke Moogleman
Stock Pals VP of Shit Stocks
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Mist
Eeyore Enthusiast
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lol my 1 remaining Avaya share casually up +56.38%, 11 whole cents.
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