Posts
Any Law Experts - Can Trump Really Create Strategic Reserve with Existing Coins Given It Directly Enrichens Large Holders Including Foreigners on Sanctions (Iran, Russia)
With Trump saying all this I have not heard any real debate about if it could happen legally. As the title states, it would be an obvious enrichment of a landed few. I don't believe the government is allowed to pick winners like this without massive lawsuits no?
How banking fights inflation
How does the banking system work in America? From a consumer’s perspective, it’s simple. You deposit money in a commercial bank, like Capitol One or Bank of America, and they keep the money safe for you. Instead of holding stacks of cash at home, your money will show up as …
Best Way to Transfer Crypto to Stocks
Hey everyone, I'm looking for recommendations for the best way to go about transferring my crypto into a VTI type stock. I'm just assuming I'd sell crypto, deposit into bank, fund from bank to stock exchange. Is that the most practical way to go about it? Thanks a lot
Hey guys, 18yo broke college student who needs some investment advice
The title pretty much says it all. I get around 100€ leftover every month and I wanna start investing it. I'm know s&p 500 is a good bet but as far as I know putting all your money in one place is a bad idea. What is your advice? How …
Would you sell crypto to pay cash for Solar?
Maybe not the best sub to ask this, but if you had a good chunk of crypto sitting, would you consider selling a portion of it to pay for solar panels? In other words, which is a better investment? My crypto portfolio is about 80% ETH and 20% BTC amongst …
How should I proceed with Roth IRA?
In sales so combination of salary and commission. Won’t know what I make until year end. It will probably be under income limits for Roth IRA, but very close and not sure. How do I approach 1. Skip out on Roth 2. Contribute to it? 3. Contribute to taxable. At …
300k sitting in checking account.... Need advice
Hi, I have 300K sitting in my checking account not earning anything. This money is meant to be used to purchase a few rental properties this year. Where can I safely park this money and make some decent interest on it while having the ability to dip into it when …
Back testing- Is this too good to be true?
So I run a back test on something I've been working in and it's results are pretty cool. If we look at any tech company that made a move into the top 20 stocks by market cap in the S&P 500 since 1990 (when I started my back test) which …
I let my 7 month CD mature into a fixed term CD. What are my options if any?
So, I opened a 7 month CD account to earn some interest on around $3K (I plan on using this eventually for a down payment on a new car, maybe in a few years or so). I was a little bit of a weenie and let it mature without knowing …
Portfolio review for 35 year old
35 single / no kids. Stable job with $155k base with potential of $40k yearly bonus. No debt. Currently renting at around $2.5k per month in a moderate to high cost of living city. Looking for any red flags on my portfolio and opportunities to improve. I recently received \~40k …