Energy is fucked right now, the amount our residential is up our industrial/commercial have fallen by the equivalent percent. So revenues are different, residential calls for higher rates but since the industrial/commercial stuff has canceled their PPA's its in some convoluted space right now. Companies will be up overall for next quarter dividends but when we get back to "normal" there is going to be some changes. I think last investor meeting I saw us getting back to "Normal" Q3 next year but posting record profits this year, next year down from this year
Back in on NIO at 40. Going to ride it back to 50. Fingers crossed. Also loaded up on SPR and BB this AM.
I bought a NIO put after it started rising this morning figuring we would see it dip back down again. I was wrong. NIO has some actual retard strength.
Bunch of articles have been written just looking for looming housing crash. Just google it, and pick one.
Also I fell for the PLTR trap 1 day before Morgan Stanley downgraded them thinking the pull back was going to stop at 25
Looking to get fully out of my PANW and TENB plays then ride my WORK shares into the resolution which is like $27/share +.07 CRM shares. This will leave my portfolio looking like this 70% is in VOO VTI QQQ and a couple other low expense ratio ETFs since I didn’t know wtf I was doing at first and bought too many similar funds. 30% in AAPL AMZN FB GOOG NOW CRM UBER So it’s probably more like 50/50 if I actually broke those ETFs down but I’m happy to ride with the best of breed in all those classes. 70/30 invested and still upset I didn’t get it to like 95/5 but I’m chipping away at it. Maxed out my 401k third year in a row too.
I got rid of most of my energy a few weeks back (including FANG and even PEIX) but I’m still holding onto my alternatives AMRC, AZRE, CSIQ, plus PDCE. (If you count alternatives
Just read an article about expense ratios that made me do a review of my 401k. Ended up selling two funds for a vanguard fund and reducing them from like .5% to .03%.
everyone should do this if they haven't long term broad investments are the best path, but if you let your expense ratios eat up your gains you're missing out bigly
I loaded up on that back in the one twenties and bought up into the fifties. Now with it going up so much it's my #1 holding.
I'm just playing the options. I'm pissed because I'm sitting here with the charts open and the options I was looking at for .50 on Wednesday morning are now like $13 each. Should have known when it last touched $210 that they were going to do this. I was distracted by AMD and BB all week.
Heck no. Was playing calls with both and getting good returns, but nothing close to the 30-baggers in 1 day that BA just put out. Probably done with BB for the time being because IV has just launched into space. Only pulled a little over 100% return with like a 13% move in one day.
Keep pounding about the market collapsing but hedge fund inflows are up 150-250% vs 3 month average depending on the day this week. Realized vol crashing to yearly lows. Dxy continues to get annihilated.
Bought some EOG calls yesterday based on the most hilarious podcast episode I’ve ever heard. Some guy claiming that EOG is sitting on a new Permian Basin in East Texas. Here’s the podcast for those interested. https://podcasts.apple.com/us/podca...da-in-east-texas/id1536448009?i=1000501041946
401k vs. Roth 401k - for those of you that have a choice between the two with your employer, which do you contribute to? I've been contributing to Roth 401k for years but am now considering switching to a regular 401k. Since the 401k is taxed later, and is taxed at your income, what happens when I start withdrawing after retirement (and don't have an income)?
I switched last year from Roth 401k to regular. I had been doing Roth 401k for about 10 years, so traditional was much smaller. I read up on it some. Basically, in retirement your income would be whatever you take out of your pretax 401k, SS, or taxable dividends etc. Below was a summary of what it would take in retirement to get to the current 22% tax bracket. I don't think I'll be taking out that much. So if you are in the 22% bracket, think of what bracket you think you will be in (and what the brackets may be) when you retire. Also, you can use the tax savings from the traditional 401k to fund a Roth IRA. You can always hedge and do some to traditional and some to Roth. Example for retirement withdrawal: You have to understand that you need to fill in the lower tax brackets first before you get into the 22% tax bracket. With the standard deduction a married couple will have $24,400 of income tax free. Then they will pay 10% tax on the next $19,050 of income. Then they will be paying 12% on the next $58,350. What this means is that you will need taxable income of $101,800 before you break into the 22% tax bracket and only everything above the $101,800 will be taxed at 22%.
I'm no expert but one of the reasons I like Roth is because we don't know what tax rates will be in 2060
Is there any reason to consider using a brokerage account over after tax Roth conversion kept in the 401k? The only benefit I see would be accessibility, which would be nice, but not sure it's worth the tax hit to the gains.
That has been my thought process all along. Plus, if there's ever a stock market crash my Roth 401k wouldn't take as big of a hit as my 401k since I wouldn't have as much in there.
team max 401k, then roth (backdoor if needed and spousal), then random accounts like 529/hsa if you do those, then taxable did roth focused early when we made little money but knew the trajectory we were on would keep us out of the low bracket we were in probably forever, even ignoring tax changes going forward. roth now just acts as a hedge.
What would you do after max 401k, Roth IRAs, and HSA between mega backdoor Roth and taxable? Was considering splitting the difference. Also doing 529s, but starting to split between that and taxable as well as a hedge, at least for the oldest.
i haven't read up on mega backdoor roth in a few years but it seemed suspect, read a lot of accountant types who didn't recommend it. things might have changed especially since the backdoor roth is basically formalized as ok now. i just go taxable
invest in a traditional ira, then they're nice enough to have a button that says convert right on the site, they're also nice enough to leave the traditional ira account open even with a $0 in it after conversion https://www.physicianonfire.com/backdoor/ good walk through if you don't already have accounts created
now that i have an ira/roth already created it takes like 2 minutes to do it every jan 1st i've already moved the money into my market account just uninvested and waiting
I have been doing decent on longer term option plays lately. Decided to try some quick turnaround options and promptly remembered why i don't do that. Woof.