Posts
Michael Burry’s Scion Asset Management Turns Bearish on NVIDIA and China-related Stocks in the First Quarter
Thoughts on this aggressive pivot? https://www.marketwatch.com/story/michael-burrys-scion-bets-against-nvidia-turns-bearish-on-chinese-stocks-440f3d02 > Michael Burry’s Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the Securities and Exchange Commission released on Thursday. > Burry — who rose to fame after being featured in the Michael Lewis …
AI isn’t just hype when half a million chips are involved
UAE's lining up to import 500K of $NVDA's top-tier chips per year starting 2025. G42's getting 100K of those. $MSFT and $ORCL might be building data centers there too. Trump just locked $600B in Saudi deals (chips from $NVDA, $AMD, $QCOM included). If this goes through, the Gulf could be …
I want to keep $100K of my 401K in some brokerage high yield savings account or another option (open to suggestions).
Help! I'm fairly unsophisticated and have been doing SP500 and total market mutual funds investing all my life for my 401K and IRAs. It has kept my stress low in the past few decades. During this bumpy period, I have this desire to keep $100K of my 401K in a …
Are only doing index funds ok as a 22 year old ?
I have a $7200 check coming in the mail from my job l left, and have done a bunch of research in the past week to figure out which stocks I would want to put my money into, since I chose to have mine managed via my 401k. So far …
VUSXX, VMFXX, SPAXX, FDLXX which MM after selling
I am relatively a newie in investing. I plan on sellling some mutual funds and bank it at money market funds both at Fidelity and Vanguard. I live in NJ, which are the best mm fund in Vanguard and Fidelity? A lot of people seem to recommend VUSXX but is …
Discretionary Match Confusion
Trying to understand my employer’s match. It’s discretionary match of $0.25 for each $1.00 the employee contributes up to a maximum of 12% of the employee’s annual pay. A $6000 employee contribution would result in a possible $1500 match? That can’t be right.
Cost basis question historical prices
I’ve been acquiring company stock going back to early 2000’s. The brokerage that has these shares does not have cost basis info prior to 2010. They are looking into it for me. Are there other sources that I might be able to find info from? I tried one of the …