Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. FrankReynolds

    FrankReynolds Go Blue
    Donor TMB OG
    Penn State Nittany LionsLiverpool

    It's the 15th this, it's possible the email is wrong, or Schwab is like t+2 to settle.
     
    kinghill likes this.
  2. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    Constantly switching checking accounts for small sign up bonuses is tedious and not worth it to me, personally.
     
    kinghill likes this.
  3. Sam Elliott

    Sam Elliott Job title: Assistant Bouncer at the Double Deuce
    Florida State SeminolesChicago BullsGreen Bay PackersTampa Bay LightningManchester United

    Stories starting to float out, $500k lost on DJT for this guy. I'd bet there are many more coming.

     
    DuffandMuff, FelipeG and letan like this.
  4. Whammy

    Whammy Donde es
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Poor bastard. Don't think the carnage is going to stop with DJT, there is a $TRUMP crypto coin as well. Donny owns a non-zero %....think it's going to moon around the Republican convention and ole Donny is going to dump on his supporters' heads - he's broke and needs the cash
     
    FelipeG likes this.
  5. Tommy Jefferson

    Tommy Jefferson Well-Known Member
    Nebraska CornhuskersKansas JayhawksKansas City RoyalsKansas City Chiefs

    My parents aren’t MAGA but they are olds so I hope of these days I can convince them to let me take a leading role in their finances. My mom just got a letter in the mail that she has a significant amount of money in a CD that she thought was her mortgage balance. 0.5% return isn’t great either…
     
  6. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Wish I could make out roth IRA right now, looks like good buying time.
     
    DuffandMuff likes this.
  7. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Russellin4885 likes this.
  8. Struggler

    Struggler Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

  9. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Problem with every hypothetical like that is you would never have held this long
     
  10. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Truth!
     
  11. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    How many of us who abandoned Robinhood in 20/21ish have gone back for the new CC with universal 3% CB or roth stuff?.

    On principal it's a no, but for economic reasons I'm having a hard time not re-opening my account.

    The only (transactional)downside seems to be $50 annual fee (which could be changed at any moment).
     
  12. Mr Mortisay

    Mr Mortisay Well-Known Member
    Donor
    Arkansas Razorbacks

    it’s a no for me dawg they burnt me forever with that shit, cost me like 60k lol
     
  13. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I did the ira match process for a family member who I manage their money

    They old so they have a massive IRA balance. Hard to walk away from free money in an account that is purely passive
     
    lunchbox and kinghill like this.
  14. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    Any hoops or gotcha's other than aforementioned subscription fee?
     
  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    Nothing I've seen so far. Just make sure the ira you're moving in has funds that Robinhood has.

    Only have to keep Robinhood gold for the first year too, since this person is old and not putting money in yearly.
     
    kinghill and Tug like this.
  16. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Team Fuck RH always and forever. That whole GameStop BS really chapped my ass.
     
    Bar None, Mr Mortisay, jcb-r and 2 others like this.
  17. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    I'm not a degenerate so things like that don't bother me
     
    Tug likes this.
  18. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  19. shawnoc

    shawnoc My president is black, my logos are red...
    Donor TMB OG
    Rutgers Scarlet KnightsNew Jersey DevilsNew York Red BullsLos Angeles Angels of Anaheim

    My house costs more than 30 of my cars. Is my house too expensive or am I not spending enough on my cars? I’m probably right on target with the sandwiches.
     
  20. Stone Cold Steve Austin

    Stone Cold Steve Austin Tickler Extraordinaire
    Donor
    Alabama Crimson TideAtlanta Braves

    You’re not spending enough on sandwiches
     
    Ralph, kinghill, shawnoc and 3 others like this.
  21. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    My daily driver is 4 Taco Bell trips a month.
     
    kinghill likes this.
  22. Seavie

    Seavie Loading tweet...
    Donor TMB OG
    Alabama Crimson Tide

    So glad I finished maxing out my HSA a couple of days ago :facepalm:
     
    Sportfan likes this.
  23. Bar None

    Bar None Maintaining Integrity

    I put a good chunk of money in my personal brokerage into IVV at the end of March. You can blame me.
     
    Seavie likes this.
  24. Seavie

    Seavie Loading tweet...
    Donor TMB OG
    Alabama Crimson Tide

    :redcard:
     
  25. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Finally opened Roth IRA for my daughter, she's 14.
    Would it be silly to do the same thing I'm doing with a US/Intl/Bond 70/20/10 mix?
    I should probably just go 100% S&P500?

    100%
    FXAIX - Fidelity 500 Index Fund - ER 0.015%

    70%/20%/10%
    FSKAX - Fidelity Total Market Index Fund - ER 0.015%
    FSGGX - Fidelity Global ex U.S. Index Fund - ER 0.055%
    FXNAX - Fidelity U.S. Bond Index Fund - ER 0.025%
     
  26. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay LightningSan Diego Padres

    100% into S&P IMO.

    Note: I am not FINRA registered broker and have no fiduciary duty. This is not investment advice.
     
  27. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  28. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersPhoenix Rising

  29. construxboy

    construxboy xenForo is the new TMB
    Donor
    North Carolina TarheelsPenn State Nittany LionsBuffalo BillsBuffalo SabresArsenalCharlotte FC

    :magatears:
     
    NothingIsOT and BP like this.
  30. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Does she have income? Remember she has to have income and the most she can contribute is that income amount up to $7000.
     
  31. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Yes, thanks. Just a couple hundred bucks income. I opened the account with $150. Heh, it's something! Hopefully I can educate her well enough so she'll keep it in there and keep contributing to it.
     
  32. Joystick Izzy

    Joystick Izzy Well-Known Member
    Donor
    Georgia BulldogsAtlanta BravesTennessee TitansNashville Predators

    Awesome by you to open it up for her and get it started. I’d definitely go 100% vti.
     
    kinghill likes this.
  33. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Giving the ol' "get $600 bonus for opening new bank account and setting up direct deposit/xfer for 3 months" a try again. Citizens. Seems worth it for about 30 minutes of work. Hope it works though, last time I tried this the direct deposit would never work.
     
  34. NothingIsOT

    NothingIsOT Prom pic
    Donor
    Miami MarlinsMiami DolphinsFlorida PanthersDetroit TigersMiami Heat

    I didn’t have an appreciation for how many accounts I had to switch. Utility, water, gas, electric, credit cards, mortgage, brokerage accounts.

    Worth it but took a couple hours.

    $600 though is pretty nice. Capital one I think gave me $200 to switch from BofA.
     
    kinghill likes this.
  35. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    oh, I'm not switching. just an extra account to put a little bit into to quality for the bonus - I hope.
     
    NothingIsOT likes this.