Posts
Anyone Get IRS Audited over K1s for Master Limited Partnerships?
So I bought a lot of MLPs in 2020 (about 20) and they are all going great despite the recent hiccup. But its K1 time now and I wonder how dilligent I have to be entering all the information into Turbo Tax. I don't even quite understand how it's used. …
Where to invest a million dollars. Medium- high risk.
Hey guys, I just sold my junk metal business for around 1.4M after taxes, legal, and other fees I net right around 1M. I have mixed feelings about the sale, but I was getting pushed around by a competitor and I had spent over 100k on legal fees fighting a …
Trump's tracked records, what's next?
1. **1991 - Trump Taj Mahal:** 2. **1992 - Trump Castle:** 3. **1992 - Trump Plaza:** 4. **1992 - Trump Resorts:** 5. **2004 - Trump Hotels & Casino Resorts:** 6. **2009 - Trump Entertainment Resorts:** 7. **2025** \- US and eh ?? Sources and related content
"This time is different" NO ITS NOT
In the last week, I have seen countless posts of people panicking about their portfolios, asking internet strangers if they are doomed, or seeing if others are panic selling so they can justify doing the same. When markets are going up, investing is EASY: You buy VOO and chill—at least …
DCA Through The Storm - What to Buy
TLDR: 47 years old, hoping to retire around 60 - do I keep DCA'ing into the same funds I have been (aggressive 90/10 allocation), or do I start buying up the lower risk stuff? Little background, 47 (almost 48), $210k HHI, divorced 5 yrs but soon to be remarried. Before …
Rocket Lab (RKLB): A Promising Space Stock for the Post-Musk Era
Elon Musk’s ventures have long dominated “space investing” conversations – but with Musk’s recent controversies and the fact that SpaceX isn’t publicly traded, investors are turning toward Rocket Lab as an attractive alternative. Rocket Lab (RKLB) is a \~$10–11B market cap space company that offers something SpaceX doesn’t: public market …
I have a specific question about advisors
My mom uses an advisor that charges a 1.6% AUM fee that will go down when she reaches a certain amount. He uses 'Target allocation ETFs' from different firms (Blackrock & Fidelity). He uses her risk tolerance to choose which one to put her in. She is currently in BTAEHX. …
When are you buying the dip?
Many people who are sitting on cash will say "I am going to buy the dip." What is the criteria for you to buy the dip with excess cash if you are fortunate enough to be in a position to do so? For me the VIX needs to be under …
No longer a prediction, A recession is expected
https://finance.yahoo.com/news/jpmorgan-becomes-the-first-wall-street-bank-to-forecast-a-us-recession-following-trumps-tariffs-222019272.html JP Morgan has officially announced they are forecasting a recession this year, just yesterday they were only *predicting* a recession with 60%, now it is expected. Tired of winning yet?
Gold vs Bitcoin. Which is the better investment?
Perhaps it’s better for here, but my neighbour has been a leading voice on personal finance in the UK since the 90s. She’s hosting a free online discussion with 3 leading experts - investment management, gold bullion and bitcoin expertise respectively - to discuss the subject. It’s on the 24th …