You think this is the bottom? A good time to buy? I'm vacillating on buying or waiting. I feel like it could go lower, but cant say ive ever been good at market timing. I did pick up some shares of Apple today though.

I mean, obviously take it with a grain of salt, but my friend works at one of the amazon warehouses said sales were not what they expected this year.

Not sure if serious, but what evs is slang for whatever

I used to use Scottrade (they might be based in scottsdale?).

I converted all my traditional to Roth last year, but now with my business I have a simple IRA, and I cant do a Roth with that, which is lame. Not sure it's worth the 4k in fees to start a 401k.

Yeah, what a horrible story. Especially since it may have cleared up over the weekend.

Honestly, I've never traded options, and after reading this, fuck that. I'll make money the old fashion way. I'm sure it's fine if you have the willingness and desire to get into it, but i'll pass.

What do you guys think is a better use of extra cash right now? Pay down debt (low interest mortgage), invest, or hold cash for market dip crash. Part of me hates debt, but the rate is so low (3.875) does it make sense?

I'm looking to convert to a 15. Loan officers seem overwhelmed right now. Been having trouble getting a hold of the one who helped with my last mortgage.

I mean, I can't be sure, but I doubt it was you. I think tons of people requested to be on the list.

Mutual fund fees tend to be higher than index funds, because there is more management involved. are you referring to the fees for the actual funds or some sort of management fee that the provider charges? I doubt a company would pay the fund fees, but I don't know much.

edit: also, if they are not matching, can't you just open a traditional or roth ira through vanguard (or somewhere else) and add your own funds? Contribution limits might not be the same though.

So...how does this end?

Sort of the same. bought a 500 shares at 4.77. Honestly, I have no idea what to do now, lol. I'm a buy and hold investor, and this feels like no limit hold 'em

It's always best to leave the party while you are still having fun, lol.

Hipsters?

Same for me. I made a bit of cash, but I was stressing and watching a ticker all day, instead of paying attention to my life and family. It was fun for a day, and a nice distraction, but can't do this for a long haul.

I was glad to be a part of it though.

I started investing in mutual funds in my early 20's, then moved on to stocks around my mid 20s. Wish I was maxing out my Roth IRA the whole time, but spent some time broke as fuck. Definitely wish I got was more involved with it, but went in ebbs and flows. Was thinking of starting a custodial account for my daughter and just putting money into and s and p index fund every month for her.

yeah, just wondering what I should put money into right now. wait? buy now? Tooks some hits today though, lol.

Depending on how you feel about them, IULs don't get included in Fafsa and in theory money can be taken out tax free (for college or anything else). High upfront costs, but over a long time frame should perform well.

i'm in on pins at 35 and 50. Short term gains for another 1 to 2 months...wondering if I should hold.

yeah, I would be out with 6million in the bank. Me and my wifes goal is 5 million and i'm out (she might still work as she loves her job). But fuck working honestly. She tells me i'll get bored. Nope, I won't. I'll be plenty busy haven't fun, doing the things I want to do, spending time with my daughter.

Got in around 46. I wasn't in a buying mood, but I love dutch brothers. There is ALWAYS a line to get a coffee.

I was in on the Square IPO. Turned a $1000 in to 25kish. My wife picked the stock and wanted to buy 5k worth, and I was like "slow down, you don't know how this will turn out..." she won't let me live that down. AMZN and AAPL are my other stock doubles that I can think of off the top of my head. Buy good companies and hold, and they will probably double at some point, lol.

Doubling anything can add up real quick. The old parable, where you put a piece of rice on a chess board spot, then 2 on the second then 4 on the 3rd and so on, by the time you get to the end you a lot more rice than you think you would...

https://purposefocuscommitment.medium.com/the-rice-and-the-chess-board-story-the-power-of-exponential-growth-b1f7bd70aaca

From the kids book the man who counted, but it might be an earlier story.

Do you invest in gold etfs? Or actually hold physical gold? What pct do you hold? 5%?

I meant to buy more when it dipped to the low 40's. sort of kicking myself now.

I bought more disney today too, but i've been in since $105 (may 2020)

I still think they are dumb, but I'm glad others don't since I own the stock.

I'd probably argue a regular grass-fed burger is a healthier option than an impossible burger or whatever. I eat tons of vegetables, but wouldn't eat one of those on a dare.

Eps beat by 700%

I have one residential rental and a commercial building (my business rents one office and I lease 2). Right now they are break even with loan payments. It's part of my overall retirement plan, which seems to be a little here, a little there. The residential rental went up about 60% since I bought it as my first home 7 years ago. Phoenix property prices are loco right now though. My main house went up about 40% in 2 years.

Not today. Guess I'll have to go to work tomorrow.