Investing Thread (Stocks, Crypto, Real Estate, Whatever)
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
That IS an excellent deal. Anybody here looking towards the future should do it!
p.s. Obviously just a hook but who cares?
p.s. Obviously just a hook but who cares?
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Considering a Silver Dollar is 1 oz., my old coin collection is worth a fortune just in the silver, and the numismatic value is 10x that.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
I thought it was a pretty good hook.Martin Hash wrote: ↑Tue Jan 19, 2021 1:05 pmThat IS an excellent deal. Anybody here looking towards the future should do it!
p.s. Obviously just a hook but who cares?
I bit.
But ... I like taking hook-money because it doesn't obligate you to do anything else.
In fact, I've probably made over $200 in crypto-hook money in the last nine months
just opening accounts and parking crypto there for 30 days, or doing Coinbase classes.
When a business wants to hand you money to try something, with no other obligations attached - take the money!
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Now that there is earning your money.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Alright everyone in their 20s, 30s, and 40s - here's one financial tip I HIGHLY recommend you follow ASAP.
1. Open a ROTH IRA
2. Put dividend-yielding ETFs like SCHD, VDIGX, VHDYX, etc. into your ROTH IRA.
Why?
1. You pay the taxes on your ROTH IRA account up front. This is why you're limited to only putting $6k a year in it ... because everyone knows taxes will be higher when you retire, and the government doesn't want you sheltering too much cash from their greedy paws.
2. You can circumvent the IRA hard limit of $6k per year by re-investing your asset dividends back into your ROTH IRA. So if you have a high dividend EFT in your Roth IRA, and it earns $250 in dividends that year - you actually got to put $6250 your ROTH IRA. Multiply this effect by 20 years, compounded, and you can see the benefit.
1. Open a ROTH IRA
2. Put dividend-yielding ETFs like SCHD, VDIGX, VHDYX, etc. into your ROTH IRA.
Why?
1. You pay the taxes on your ROTH IRA account up front. This is why you're limited to only putting $6k a year in it ... because everyone knows taxes will be higher when you retire, and the government doesn't want you sheltering too much cash from their greedy paws.
2. You can circumvent the IRA hard limit of $6k per year by re-investing your asset dividends back into your ROTH IRA. So if you have a high dividend EFT in your Roth IRA, and it earns $250 in dividends that year - you actually got to put $6250 your ROTH IRA. Multiply this effect by 20 years, compounded, and you can see the benefit.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Y'ALL GOT ANY MORE OF
THAT GAMESTOP STOCK?
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Dude what the hell lol. This market is a joke.
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Watched a Ron Paul video on the coming collapse.
Old Ron looks positively youthful compared to Biden.
Old Ron looks positively youthful compared to Biden.
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Am I the only one that is thinking.....
Spring 2021 feels a helluva a lot like Fall 2008 ?
Spring 2021 feels a helluva a lot like Fall 2008 ?
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
No.
Market is acting crazy right now.
Stocks with mediocre or bad fundamentals making positive price gaps and no one can say why.
Yo, everybody - Gold, silver, and real estate.
Own something you can touch till stuff settles down.
Get those stop loss orders in just to be safe.
"Hey varmints, don't mess with a guy that's riding a buffalo"