Posts
I'm receiving 140k when I am 25 from my grandpa. What's the best way to invest it for retirement? (I am Canadian)
In half a year I will be 25. I am thinking of splitting the money as 110k for retirement, 10k for savings/emergency (will not touch) 10k for a new cheap vehicle plus insurance, and 10k for fun. In terms of the 110k, will just shoving it into The s&p 500 …
Portfolio Review / Cash in Market Advise - Young Investor
Hello everyone. Just started a salary job a few years ago. I have my 401k and this side portfolio I like to play around with. I've had this portfolio for a while now and feel like it's starting to get a bit messy. Please let me know any thoughts or …
Should I start a Roth IRA before the April 15th deadline?
I don't currently have a Roth IRA or any similar investments other than a 401k through my employer. Would it be wise to drop $6,500 tomorrow and max a Roth IRA before the deadline? I planned to do this earlier in the year, but im worried about the current state …
I recently bought stock for the first time and bought too much?
I maxed out my Roth IRA contribution for 2024 right before the deadline. With the $7k sitting in account for a while I decided to buy some VOO yesterday with an order I believe. When I put the order in it was 14 shares around $498 I believe. Now this …
Stashed cash in the sp500 index and about to be at break even territory…what next?
This for the record is not my Roth or my 401k. This was just some extra cash I didn’t want to keep in my HYSA so this is not my primary retirement fund. Considering we’ve came back down to my cost average I was thinking of just pulling out and …
Should I hold $CLF? Worrying analysis from Cramer about their balance sheet
[https://finance.yahoo.com/news/cleveland-cliffs-inc-clf-jim-123320986.html](https://finance.yahoo.com/news/cleveland-cliffs-inc-clf-jim-123320986.html) >“I think the problem \[with\] Cleveland- it’s two problems, one is the balance sheet’s not that good, and two, there’s got to be demand. If the auto companies are really cutting back – and I think you’re gonna have to after the initial spur – that is going to …
Foreign treasury bond ETF recommendations? Looking for advice on where to start.
Do folks have recommendations of non-US treasuries that can be purchased via ETF. I'm pretty bad at reading bond returns and risk. All I want is something with like a 2%+ return that helps me diversify from my "all US" portfolio right now. I appreciate anyone who takes the time …
Merril Lynch or Fidelity for a Roth IRA
So I want to open up a Roth IRA soon, and am a little indecisive on whether I should go with Merril Lynch or Fidelity. For right now, I am only really focused on a Roth IRA until I slowly start to learn about other stuff since I am not …
Should I include commissions in my avg. cost when tracking my portfolio?
Alright, hear me out. When I log my positions into my portfolio tracking app, I’m trying to decide whether to include the commissions I paid as part of the average cost or not. Here's my dilemma: **Scenario 1 (Commission excluded from cost basis):** * I buy a stock for $100 …
Roth IRA non contribution penalty?
I filed my taxes and claimed that I was going to add money to my Roth IRA. Since then, I have been laid off and do not necessarily want to move money into my Roth IRA. Does anyone know what the penalty/repercussions are if I don’t move the money? Is …