you think a rebound?McInnis 03 said:Lotto'd with 3100C tomorrow.McInnis 03 said:
AMZN 2990, what we doing there?
you think a rebound?McInnis 03 said:Lotto'd with 3100C tomorrow.McInnis 03 said:
AMZN 2990, what we doing there?
Your growth with respect to identifying and capitalizing on opportunities over the past 6 months has been more exponential than the bull**** covid fears.McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
Oh yeah, well how's that British accent coming along with a slight Texan drawl.59 South said:Also 39. I have brokerage link through both my current and old 401k's so I can manage. Also have a Roth IRA.McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
I have about 35% of retirement in mutual funds (S&P + blue chip) and that's where maxed 401k contributions and matching is going every 2 weeks. That 35% was over 50% before I started actively managing, and I have made a lot of mistakes so I bet you will end up being happy with this decision in the long run.
I currently own the following single stocks in retirement accounts (not a recommendation buy now except for CWH):
ROKU
NIO
SQ
JD
AMD
CWH
I came up with a plan before doing this where I had half, single and double positions based on conviction. Luckily ROKU, NIO and JD were my double convictions. Not exactly science but single position was about 5%.
Love your optimism but my trading account would show you with true conviction that you're big time wrong. Hence why in my retirement account of merit I'll be needing to buy/hold as that had me doing far better.Prognightmare said:Your growth with respect to identifying and capitalizing on opportunities over the past 6 months has been more exponential than the bull**** covid fears.McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
You will outperform any mutual funds and you'd be doing yourself a disservice by parking your money in them. You'll keep learning and gaining more experience with each trade and time.
Manage your funds with what I call measured aggressiveness, no YOLO crap and you'll be handsomely rewarded.
JMO
I am pretty sure the MLPs create a tax in an IRA.NRD09 said:
Since it's tax deferred you might put some mlp pipeline companies in there.
McInnis 03 said:Love your optimism but my trading account would show you with true conviction that you're big time wrong. Hence why in my retirement account of merit I'll be needing to buy/hold as that had me doing far better.Prognightmare said:Your growth with respect to identifying and capitalizing on opportunities over the past 6 months has been more exponential than the bull**** covid fears.McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
You will outperform any mutual funds and you'd be doing yourself a disservice by parking your money in them. You'll keep learning and gaining more experience with each trade and time.
Manage your funds with what I call measured aggressiveness, no YOLO crap and you'll be handsomely rewarded.
JMO
Until the trading account actually prospers I won't be taking any of the same stances in the traditional IRA.
Smart man.McInnis 03 said:Love your optimism but my trading account would show you with true conviction that you're big time wrong. Hence why in my retirement account of merit I'll be needing to buy/hold as that had me doing far better.Prognightmare said:Your growth with respect to identifying and capitalizing on opportunities over the past 6 months has been more exponential than the bull**** covid fears.McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
You will outperform any mutual funds and you'd be doing yourself a disservice by parking your money in them. You'll keep learning and gaining more experience with each trade and time.
Manage your funds with what I call measured aggressiveness, no YOLO crap and you'll be handsomely rewarded.
JMO
Until the trading account actually prospers I won't be taking any of the same stances in the traditional IRA.
Could you explain this? I just know that turbotax wants you to upload and do additional stuff with the K-whatever forms in a taxable account, but it doesn't ask you about them in tax-deferred accountsHarkrider 93 said:I am pretty sure the MLPs create a tax in an IRA.NRD09 said:
Since it's tax deferred you might put some mlp pipeline companies in there.
I do know they are more tax efficient than the normal stock, so usually better in a taxable account.
I'm a CPA, but not a tax CPA so this is not tax advice so consult you tax professional for your situation.NRD09 said:Could you explain this? I just know that turbotax wants you to upload and do additional stuff with the K-whatever forms in a taxable account, but it doesn't ask you about them in tax-deferred accountsHarkrider 93 said:I am pretty sure the MLPs create a tax in an IRA.NRD09 said:
Since it's tax deferred you might put some mlp pipeline companies in there.
I do know they are more tax efficient than the normal stock, so usually better in a taxable account.
if AMZN builds below 2980 could be very problematic. very.McInnis 03 said:
AMZN range bound this morning. 3015 upper limit.
McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
Correction, this is what I did open, a "rollover IRA"AgsnFly said:McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
Unless you just want one account to manage, you might consider the Rollover IRA, which would preserve the option of rolling it back into a 401k in the future.
267.25 got hit and it ran up againMcInnis 03 said:Mother trucker. That 266.4 ping right before open was IT.McInnis 03 said:
Today if QQQ touches 266 again I'm buying and I don't care what any of the other indicators say.
Announced this morning they are presenting at the Morgan Stanley Global Healthcare Conference tomorrow. I traded a little early on the run up swing and missed some profit. Was just a swing trade for me.MaroonDynasty said:
GOCO with some nice green bars
Edit: Eating all the selling pressure right now
McInnis 03 said:Correction, this is what I did open, a "rollover IRA"AgsnFly said:McInnis 03 said:
Serious question for y'all.
I'm rolling over an old 401K with a significant sum of money into a Traditional IRA so I can have better control. Consider this a poll......
I'm 39 years old. What would some of your allocations be. Retirement style, not aggressive shoot the moon style. Don't YOLO TSLA me.
..........................
I was thinking of YOLO TSLA calls........
Unless you just want one account to manage, you might consider the Rollover IRA, which would preserve the option of rolling it back into a 401k in the future.