Posts
Is there any scenario where having wash sales is beneficial?
My fiancée's professionally managed stock portfolio from Northwestern Mutual always seems to have substantial wash sales every tax season. I manage my own portfolio myself and usually only make less than a dozen trades a year. I haven't had a wash sale in over a decade. Back then I'd day …
Just looking for a little help. I want to grow my kids piggy bank. What is the best investment I can make for him?
My boy is 8 years old and has $500 in his piggy bank. We want to put that into something that will grow his money. I would Love advice on the easiest way to start building up his piggy bank. We don’t do a good job of earning on our …
ISA Question - Investing my savings
Hi all, I'm a UK resident, and have a separate account for stocks/shares, as well as crypto. On that platform I make my personal plays. In the meanwhile, I have been able to make some savings, which I want to grow without too much of my involvement. Would an ISA …
Just saw the “Immediate Measures” mining order from Trump. ROCK AND STONE!
Basically what the title says. Trump signed an executive order called “Immediate Measures to Increase American Mineral Production.” • Federal financing for U.S. mining companies; • Agencies told to stop dragging their feet and approve domestic projects; • Target minerals: lithium, nickel, copper, rare earths — i.e., all the stuff …
Best Captial Allocation Strategy?
Hi, I am 19 have 16k that I am wanting to invest. I would like some insight on the following decision: (1) Do I distribute this into **several** ETF's such as IVV, NDQ, VGT etc and a small percentage to single stocks and routinely invest into these? OR (2) Do …
Series EE Bonds...What To Do?
I have three EE bonds that I inherited that were purchased about 10 yrs ago. Each one was purchased for $10,000 and are suppose to each double to $20,000 after 20 years. Well since they were purchased about 10 1/2 years ago there is still 9 1/2 years to go …
How are these buys? New to buying individual stocks.
I’ve always been an ETF guy (still am primarily), but over the last month I’ve bought some small positions in individual stocks for the first time: ALB, AMZN, CRSP, DVN, GOOGL, IONS, KHC, MRNA, NICE, NTLA, OB, PFE, PVH. I plan to add positions in others at what I consider …
Schwab and Fidelity blocking money market ETF's
So Schwab and Fidelity are blocking money market ETF's because they don't believe in the free market. I guess an investigation is forthcoming into these anti-competive practices. Particularly since 1 of the blocked funds is from Blackrock. https://finance.yahoo.com/news/fidelity-schwab-block-orders-blackrock-144400987.html
“Typically during market corrections, the stock market recovers almost as fast as it declines,” said Jim Elios, founder of Elios Financial Group.
“So we believe that we are on the other side of this market correction and that stocks should continue to move higher, albeit with some volatility.” Traders will be looking toward several economic releases on Tuesday. Consumer confidence data for March is scheduled to come out, in addition to February’s …
Help with 410K rollover and backdoor Roth
Recently moved employers and submitted a request to rollover my 401k from Vanguard to an IRA at Schwab. They accepted my request but said it was pending employer approval and it shows this status in the website. Just learned that once I have pre-tax funds in an IRA I won't …