Posts
Remembering stock market crash of 2022
It’s easy to forget how short the market’s memory is. Still remember the last few months of 2022. The S&P 500 was down nearly 25%, the Nasdaq had crashed over 35%, and inflation was out of control. The Fed was hiking rates aggressively, and it felt like a deep recession …
Advice Needed - What to do with Wife's IRA
My wife no longer works, she is a stay-at-home with our baby. When she did work, it was only retail part time, so her income was always on the very low side compared to mine. However she does have a Roth IRA with a couple grand in it. We just …
Need StockTrak Project Help 😭
So, I'm doing this course where the instructor gave $100k to trade in StockTrak. Limitations: I can only trade Futures and Futures Option. And I can't do indices or currencies, I can do only commodities. I started trading but my portfolio is taking a nosedive. I only have 15 days …
Bottom is in. Up only from here?
Powell will soon determine whether the markets recover from here or if we head into a recession, depending on his decision to cut interest rates. I doubt he would deliberately crash the markets even more, so I believe we've hit the bottom and it's a good time to buy again. …
Need some guidance and advice
I have about $25,000 sitting in a fidelity account right now. It’s in a cash management or whatever that is called and earning around 4% APY. As we all know the market is taking a big hit right now. I think this would be a great time to start diversifying …
For Investors, When Will the SPAC/Meme Stock Bubble of 2022-24 Fully Pop
I worked in the markets on wallstreet during the SPAC craze in the 2010s and saw almost all of them go down in flames. Yet 2022 there is a new round OKLO, LUNR. RDW, ACHR etc plus the other memes NNE (in particular), quantum stocks, and yes PLTR (it IPOd …
(VOO, VT, VTWO, VWO, SCHD, QQQ) First time investor seeking advice
I want to start investing, and based on posts on this sub, the above 6 ETFs are often mentioned. Should I start DCAing into all of them, or is there an optimal combination? I want my portfolio to be diverse, and moderate risk. I've seen that some of these ETFs …
My grandparents just gifted me $30k as a graduation gift. How should I invest it?
I'm 22 years old and just got the largest amount of money I've ever had. How should I comprehensively break up that $30k into a solid investment? I want to see (optimistically) $300k in 10-15 years. I was thinking companies with a lot of potential, NVDA, PLTR, more recently RHM …
Is it a bad idea to be in dividend heavy investments at my age?
Doing my taxes and found I had $12k in my 1099-DIV, which brought my owed amount up a bit. I am nearing retirement but unsure if this is something I can keep a better pulse on, or if there's a better investment strategy. I use Fidelity for my investments, could …
JP Morgan Investment account or Vanguard
My checking account is with Chase, so I opened a JP Morgan Chase Investment account, to be able to see my finances all in one place. Should I stick to this, or switch to Vanguard/Fidelity? Is there a downside (fees etc) to continue using Chase for investing?