Posts
What happens if Trump gets control of the Federal Reserve's money printing button?
Does anyone think when Powell leaves and a compliant yes man replaces him that they will act with discipline and mature self-control and not go crazy printing money? Powell's term is up in 2026 and all of Trump's appointments show he only picks people who show slavish loyalty. So Fed …
What should I do in my situation?
Hey all, This has probably been asked a million times but I'd still appreciate some advice from reputable folks on here. I am a professional sports bettor. At the moment I am making 3-5k a week on average. I scale my bets based on a percentage of my betting bankroll. …
Seeking Advice on Building Passive Income and Overcoming Career Stagnation at 22
Hi everyone, I recently turned 22 and I’m working as a car salesperson in Orange County, California. I’m doing well financially, making around $100,000 a year, but I still feel unsatisfied. Everyone around me says I’m doing great, but I can’t help but feel like I’m not progressing as much …
Mutual funds for “yield” and distributions.
Hey everyone, So I have multiple accounts that make up my portfolio, pretty typical stuff. A work 401k, a Roth IRA and a taxable brokerage account. I contribute enough for my full company match, max my Roth every year, and the rest goes to my taxable account which is extra …
Buy and hold commodity funds?
Long-time investor in equities here, curious about commodities as an inflationary hedge. From what I've read, commodities involve carrying costs that make some ETFs suitable for short-term hedges only. I'm not into market timing, and I'm definitely not sophisticated enough to have an informed view on any specific commodity. I …
March 27 Market Performance Summary
# Market Performance The S&P 500 declined 0.3% on Thursday, March 27, following three consecutive days of gains. The Dow Jones Industrial Average fell 0.4%, while the tech-heavy Nasdaq Composite dropped 0.5%. This pullback ended the market's recent winning streak as investors responded to new tariff announcements. # Main Reasons …
lost 22 yr old needs advice
Hey guys. 22, single, no kids, no debt. I'm really worried about my future. I've worked super hard to get where I am at salary wise so I know I deserve it.. but I don't even make 300k/yr yet (270 to be specific). I just inherited a 4 bdr house …
Is it worth it to amend my taxes for an SEP IRA distribution?
Don’t mean to be that guy but…. I am considering selling some equities from a brokerage account (I’m at a loss anyway so I can offset that later), and using that cash to fund a 2024 SEP IRA. However, I have already filed taxes and am wondering if this would …
300K to invest - looking for suggestions
Just inherited $300,000. What with all the volatility in the world today, I'm trying to decide my best investment option. Precious metals would have been a good investment a year ago, but prices are so high, seems like I'd be buying at the top of the market. Speaking of market, …
Walmart loses $22 billion in market cap, CEO says budget constrained American consumers are showing "stressed behaviours" and low confidence
Expecting similar results for Unilever, Coke, Pepsi, P&G, Target, Home Depot, Lowe's and other consumer discretionary companies "Walmart’s market cap dropped by $22 billion after news broke Tuesday that consumer confidence in the U.S. plummeted to a 12-year low. CEO Doug McMillon had just said last month he’d noticed “stressed” …