Posts
Why are there income limits on a Roth IRA when they are so easily circumvented?
It seems crazy to me that there are rules limiting Roth contributions for high wage earners which can be circumvented by depositing savings into an IRA then immediately transferring to a Roth. Literally two clicks. What some other no-brainer loop holes?
Transferring Roth IRA out of Fidelity
I am attempting to transfer my Roth IRA out of Fidelity but I am having trouble because I use FXAIX and it will not let me transfer due to the new platform not supplying the stock. Is there a way around this without penalty? Any help is appreciated! I am …
Should these closed-ended funds Gabelli Equity Trust Inc., Gabelli Utility Trust, and Gabelli Healthcare & Wellness Trust be sold and put into something else?
So my mom has had these products for sometime now (about 9-12 years). I don't know who referred them to her, but wanted to know if she should keep them (untouched), or sell them off and put into different investment products. She's over 80s years old, and safe with here …
Just my take: Financial leverage is just debt disguised as a tool, yet it's nothing more than a curse. Steer clear of it.
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Great opportunity to SHORT SpaceX now that the S&P has refused to break its rules to force index investors into this garbage stock. Who is on Team SHORT?
How many warning signs of a rug pull does this have? Let's see: \* Insane PE ratio at $135 asking price and $1.5T \* xAI hold a real threat of value destruction \* Erratic ketamine junkie at the helm overpromises and fails on his deliveries \* welfare queen rocket company …
Day 4 Update: Letting AI manage a Robinhood portfolio
Last Wednesday I started an experiment: I put $1,000 into a fresh Robinhood account for an AI to manage. On Day 4 Julius opted to continue holding all longs. After a very cautious day of no moves on Friday, Julius opened up a new position in RGTI - building its …
One anecdotal example of why software is down.
I use a piece of software called PhraseExpander which has an annual paid license. It lets me saved "canned phrases" so I can type a keyword and quickly output specific sentences/paragraphs/etc. It also has a clipboard history so you can paste from a long list of 250+ clipboard items in …
Bought $PLNT, $AVGO, $PODD. Thoughts?
Hi, **The Core Idea** All three of these companies (Planet Fitness, Broadcom and Insulet) are fundamentally sound companies caught in a company specific storm. They got strong earnings growth, healthy margins, and clean balance sheets. The reason for the sell of is valid but in all cases the punishment seems …
How Can $150K Investment Now Generate 2k/month Income After 10 years
Hypothetical scenario is investing $150k now to generate positive income of hopefully $2k/month in 10-15 years (a bit lower is acceptable). Seems an investment property is the answer, but rates are so high and absolutely dislike the cost and cannot tolerate ongoing negative cashflow (mortgage/cost must be lower than rental …
DOCN must use the current rally to clean up the balance sheet
I am a long-term DOCN holder. My first buy was around $45 near the IPO period, and I added at roughly $60, $67, $35, $20, and $40. So my view is not from a short-term trader hoping for a quick move. I want DOCN to win over the next 5–10 …