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koolkaleToss into an IRA account and put it to work in a safe index fund. S&P returns, on average, 10% a year. Wait 40 years and withdraw the $1,800 (tax-free) that that 40 appreciated too.
40 * (1.1)^40 = 1810.37
Charlie_KellyARK ETF’s are great as well. That’s what’s in my Roth. They are getting battered now but that’s for reasons like you mentioned above. I believe ARK returned 117% yoy.
Profahoben_212Glad I averaged down on NIO for sure. Moved most of my money into spy and other etfs
galardogodWhat’s the cap on travel stocks, debating dumping more into JBLU and SAVE as well as cruise lines but I don’t know if they are tapped out
zuesi jumped on norwegian and carnival last July / August after the huge COVID dip. It's a tricky business but most likely a long term hold. Cruises arn't going away.
zues@SavageBiff
welcome welcome welcome.
don’t listen to me but these lads might have better advice
ReturnToMonkeyI am trying to diversify my portfolio out of tech only. What are good industries to get into that are easy to research?
soupI've had great success from some solar companies making moves not only in north america. Also my big pusher is mindmed (MMED). The future of psychedelics as medicine is not only intriguing to me, it's also making me lots of money which is double exciting. I think those two industries peak my interests the most and I love diving into them. My other major plays are heavy construction related, as that's my field of work (a bit opposite of solar but it's my wheelhouse) and with the old, failing infrastructure of north america, it's going to get exciting.
Easy ones to get into are whatever you do for work-related. you're already in it all day and have that little insight so may as well capitilize
ReturnToMonkeywould like to invest in that but MMED isn't on RH.
IanAvery-Leafthe real question is why tf is anyone still using RobbingHood after what they pulled on Jan 28th/29th. Get your portfolio to a real brokerage ASAP. A slick UI isn't even remotely worth it
ReturnToMonkeyYou're right, I should get on that. I've just been lazy
IanAvery-Leafthe late January situation seemed to correlate w/ the more boomer-esque the brokerage, the less restrictions they put in place. AFAIK Vanguard and Fidelity were the only ones to not implement any sort of limits those days. Potentially additional brokerages that I'm unaware of
I ended up transferring to Vanguard. The UI is beyond terrible, both app and website, but they're backed by trillions instead of Robinhood/Citadel/WeBulls questionable payment for order flow and what seems like a rather get fined than play by the rules strategy
IanAvery-Leafthe real question is why tf is anyone still using RobbingHood after what they pulled on Jan 28th/29th. Get your portfolio to a real brokerage ASAP. A slick UI isn't even remotely worth it
Mr.LamasCosmosHaven’t posted here in a while, been busy.
remember when I posted about Lukso at ~$1? Look at the price now.
Charlie_Kelly25x aint bad, how far you think it’ll run?
Mr.LamasCosmos$100+ within 1-2 years.
Mr.LamasCosmosLukso will most likely be the first blockchain to execute smart contracts.
IanAvery-Leafthe late January situation seemed to correlate w/ the more boomer-esque the brokerage, the less restrictions they put in place. AFAIK Vanguard and Fidelity were the only ones to not implement any sort of limits those days. Potentially additional brokerages that I'm unaware of
I ended up transferring to Vanguard. The UI is beyond terrible, both app and website, but they're backed by trillions instead of Robinhood/Citadel/WeBulls questionable payment for order flow and what seems like a rather get fined than play by the rules strategy
BiffbarfLet's say you've made a decent return over the course of about a month or two, say 10% overall. But in your portfolio, you have some shares that have been in the red for quite some time. Worth it to sell of what's not moving in effort of buying the dip of something else? Hold for good? Quit fucking around and invest long term instead of amature swing trading?
Any input will be appreciated.
On another note - if I had the means to store vehicles there's big $$$ to be had in the modern classic car market I believe. E36 and e46 m3's are relatively cheap and clean, evo 8 and 9 prices will skyrocket over the next decade I'm sure. I could dream.
ReturnToMonkeyBetween the two why'd you choose Vanguard?
TOAST.Robinhood is nice for trading small amount of crypto.
IanAvery-LeafI already had my Roth IRA in vanguard so it was an easy choice to just open an additional brokerage account instead of going through the hoops of starting from scratch w/ Fidelity. Both are solid AFAIK, both have a terrible UI haha. I feel so much better having all my positions completely off RobbingHood now, especially for the reasons in the link I'm posting below...
FYI the transfer took ~9 days
there's zero reason to use it for anything, I encourage everyone to leave and go anywhere else. The sooner people realize how shady they are the sooner they will fall
https://www.reddit.com/r/GME/comments/m74e3g/this_is_huge_robinhood_never_owned_your_gme/
IanAvery-LeafI already had my Roth IRA in vanguard so it was an easy choice to just open an additional brokerage account instead of going through the hoops of starting from scratch w/ Fidelity. Both are solid AFAIK, both have a terrible UI haha. I feel so much better having all my positions completely off RobbingHood now, especially for the reasons in the link I'm posting below...
FYI the transfer took ~9 days
there's zero reason to use it for anything, I encourage everyone to leave and go anywhere else. The sooner people realize how shady they are the sooner they will fall
https://www.reddit.com/r/GME/comments/m74e3g/this_is_huge_robinhood_never_owned_your_gme/
kingsskierNot to mention how horribly slow RH is, how shitty their charting is, their lack of useful tools etc. Robinhood is an app for beginners to lose money. They would be much better off papertrading on a real platform that offers it for free.
soupHeard an interesting take on cruise ship companies. Once those ships are allowed to sail, cruise ship people gonna cruise. The mandatory quarantine inside the boat is all but a forgotten point in time to them. most cruise ships are down nearly 50% but once those flood gates open I feel like it's going to be popping off. Any thoughts?
**This post was edited on Mar 30th 2021 at 9:31:27am
soupHeard an interesting take on cruise ship companies. Once those ships are allowed to sail, cruise ship people gonna cruise. The mandatory quarantine inside the boat is all but a forgotten point in time to them. most cruise ships are down nearly 50% but once those flood gates open I feel like it's going to be popping off. Any thoughts?
**This post was edited on Mar 30th 2021 at 9:31:27am
Profahoben_212Didn't a lot of them do a lot of splits or something to try to save losses and keep value? I was reading somewhere that they aren't as undervalued as you think rn
soupI know airlines have fluffed up their numbers. It's not a reach to think cruise companies did as well I haven't dove into it yet.
DrZoidbergLol why is everything terrible? I just see red every day now. Playing that long (very long) term oil rebound though.
Also wtf is TMO doing, supposed to be some rich boi stuff by now. Kinda hoping they go back up once stuff tries to reopen and everybody wants a million rapid covid tests to get into any sort of venue, plane, boat etc.
souphttps://www.newschoolers.com/videos/watch/992385/100---short-interest-in-GameStop-stock--GME------fundamental---technical-deep-value-analysisanyone else catch this time travelling wizard. Dude went big on gamestop 6 months ago. Legend.
DolansLebensraumI kinda wonder where he would be if it werent for gme getting ignited by wallstreetbets on reddit.
maybe gme was undervalued at the time, but i still kind of feel that the paradigm was shifting away from a gamestop store model just like movies shifted away from blockbuster yrs ago
CatdickBojanglesAnyone else pick up COIN? I bought at IPO and am down big now lmao.
zuesI always wait a week before I buy anything that is a hyped up IPO. Usually works pretty well.
**This post was edited on Apr 14th 2021 at 2:59:37pm
.Dadspy calls are free money
and congrats to whoever is holding dog coin
Charlie_KellyPretty stupid you can’t buy doge on Coinbase
zuesAbout the only good thing Robinhood is good for. I've bought and sold relentlessly and no holds.
Watch it get halted starting monday.
zuesAbout the only good thing Robinhood is good for. I've bought and sold relentlessly and no holds.
Watch it get halted starting monday.
