Posts
I own a $350k home with no mortgage. Rent in my city is like $1300-$1500. Hypothetically I could sell (keep $18,000 for first years rent) and invest the $320k into an ETF. I already contribute $2000/mo to my portfolio. So I could technically have almost $700k in 5 years. Why isn’t this the play?
I know I could just as easily lose it and all that. And it would probably be a longer play than 5 years anyway. But what I’m missing is a large stack of cash to boost my interest earning potential and I think this is the outlet. Any advice or …
Where Besides a Traditional Savings Account Can I Deposit a Significant Sum of Money That Will Accrue a Return and Still be Easily Accessible When Needed?
I will be receiving a bequest from a relative. Ultimately I plan to use it to pay down my mortgage and refinance my house in a few months - currently working on raising my credit score. I do not want to leave this money in my checking or savings account …
Didn’t think this would work, but it actually did
When my friend told me about this method, I honestly didn’t believe him. It sounded way too simple. But he had already been using it and showed real results, so I decided to give it a shot. The best part—he’s not hiding anything or trying to sell something. He laid …
What kind of return should I be looking for when selling covered calls and covered puts?
I tried searching but could not find an answer. Lets say a stock is $100 and I am looking at dv 20 at 30/45/60 days out, What kind of premiums should I be looking for on calls and puts % wise per option? If yall got some educational links please …
International Fund novice question
I'm trying to understand the basic risk of investing internationally. I'm going to make up some numbers to make the math easier. I'm also going to use a paid dividend for this example. US based brokerage account and I purchase the fund with dollars. not sure that matters. If I …
Air Canada? Dogshit? Or dogshit covered gem.
I've been watching air Canada (AC) for a while now and am looking for input. While I'm not a fan of airline stocks in general I have noticed It's been trading lower and lower since covid and they're finally starting to turn a profit again (bar last quarter and projections …
Looking for a Community of Serious Stock Enthusiasts: Let’s Talk Quarterly Statements!
Hi, Chatgpt gave me the title by the way. Not proud of the formality. Basically, I love investing, watching stocks and discussing stocks, looking at Quarterly Statements (Balance Sheets, Income Statements, Cash Flow(maybe Cash Flow not too much)). However, all my friends are not as interested as me and I …
Recession Narrative vs. Financial Sector (XLF): The Data Tells an Interesting Story
While the narratives around recession risk are gaining traction, the Financial sector (XLF) isn't showing any clear signs of weakness yet. In fact, the percentage of new highs in the XLF continues to consistently outpace new lows, indicating a strong and resilient uptrend. https://preview.redd.it/6wil35bis9re1.png?width=1086&format=png&auto=webp&s=068dd0bfe05542063e8285bfcf65b27743b2ab50 The recent pullback? Currently, likely nothing …
Stock question for new person getting into Stocks
Say I have 1000$ in cash. I spent it to buy say 500 stocks for 2$ each. Say one day those stocks go down and 10 of them go to 0 and next day back to 100 but I haven't sold them. Can I sell them at 100$? Or did …
Sell out brokerage account to fund Roth?
Good afternoon everyone. I currently hold SCHD/VOO in a brokerage account. $1950 total, $1500 my contribution, $450 growth. I’m lower tax bracket and these are Long term holdings. Would it be worth it to sell and put into my Roth? (VTI/VXUS split) It would allow me to maximize my 2024 …