Posts
Need some advice- malpractice settlement money
I won a medical malpractice and got about 348k lump sum. My lawyer referred me to his financial advisors and I’ve been with them since Jan of 2023. Since then the account has grown to 407k and I pay the advisors a 1% flat fee. My portfolio is a mix …
Private Lending options .
Thinking about putting some extra cash to work and came across P2P lending (Upstart, LendingClub, etc.). Seems like a way to earn decent returns by lending to borrowers, but still not sure how it actually plays out. I’m on a work visa and not an accredited investor—anyone in a similar …
Sale Not Long Violations, does this still occur?
Why would a brokerage execute an order to sell to close a stock position that an account doesn't posses anymore? This seems like an issue with the brokerage executing faulty orders. Or is there a reason why an account holder would want to sell to close a stock position they …
Does placing a limit order at the bid price essentially bypass the bid/ask spread? Or does it just wait until ask price falls to your limit?
I.e. If I buy a stock that has a $99 bid price and a $100 ask price, if I bought it at the market price I'd pay $100, with the brokerage pocketing the $1 difference. If I placed a limit order for $99 though, would the order execute immediately? Or …
$TSLA puts expiring next year this will be a 10 bagger
Elon has recently posted 14 flags on X This will substantially tank $TSLA stock 14 flags mean something about protect white children and white supremacy. Throughout the week more and more people/news station will be covering this and painting him as a white supremists therefore the stock will tank and …
What are my options regarding rolling over an existing 401(k) from a previous job into an SARSEP IRA in my new job?
So recently I got a new job, this company offers SARSEP IRA retirement option account. Currently I have a 401(k) that I’ve had for about 10 years now and I’m trying to figure out what my options are. Can I do a direct rollover of the 401(k) into the SARSEP …
What is the rule of thumb regarding old dormant 401ks.. roll em or leave em?
Im 48yrs old. I have an old 401k (225k) from an old job thats just sitting idle. Its currently allocated 60% large cap, 20% S&P, 10% Intl, 10% bonds thru Voya Financial. I know there’s overlap but im ok with the allocation. Im content with the returns as well but …
$ Distribution--Asking Advice
77% of my total money is in a 403b, which I cannot access until retirement age, \~6 years from now. This will supplement my pension, which I will receive in \~6 years unless the world explodes. 2% is in an IRA and ETFs, both of which I can access any …
What would you change for us?
Looking for input from those who were invested through the numerous crashes (911/2008/covid).... Wife and I are pretty much retired now.... My SS checks start in April (less than $1000/month)... wife is only 64 so a few years (4) from drawing SS.... no pensions. We are \~ 73% stocks/mutual funds/etf …
Is this legit or does it sound like a scam?
This guy on Facebook claims he's up to 14k a month in dividends and his goal is 20k a month in 2025. He started a private fo group charging members $10 a month for his advise/expertise but I cant help but think there's something scammy going on. He went from …