Finance Advice Thread

[NugzFan]

My company matches 10% at 100% in the 401k program.

So if someone puts in 7%, they are really getting 17%.

I dont quite get the math here

[Shogon]

The U.S. is going to fall and the world economy is going to collapse.

Buy Bitcoin... that or learn how to feed yourself off the land. Maybe both.

Either way, this life you know now won't continue.

[bladefd]

perfect...now start buying again!

I think I will wait. It might fall much more..

[~primetime~]

I think I will wait. It might fall much more..

yeah you got it spread it out...buy small amounts on every dip

[rawimpact]

perfect...now start buying again!

Some people never learn... great time to buy. Horrible time to sell.

[rawimpact]

Sach is up to 2.73 - nearly doubled from when I advised people to but
BA is up to 144 up from 120 (my initial purchase) and 95 (second purchase)
Suncor up to 17.64 from 16 or so i purchased

These are all obviously long term stocks, but they are dividend paying stocks at higher than inflation rates.
They're still good buys if anyone else wants to get onboard.

And again Sach up to 3.50ish
BA up to 175ish
Suncor still floating between 16 and 17

Sach will be returning me 0.12/share or ~10% return of the purchase price of 1.30/share. And that's going to be quarterly from now on...

[bladefd]

And again Sach up to 3.50ish
BA up to 175ish
Suncor still floating between 16 and 17

Sach will be returning me 0.12/share or ~10% return of the purchase price of 1.30/share. And that's going to be quarterly from now on...

I sold sach and Suncor for tiny profits some weeks ago. I am only keeping my best stocks - Microsoft/apple/usb/nokia/citigroup (last 3 for long term). Sold all the rest because I am worried about drop-off/correction in August.

[bladefd]

Anyone know much about closed-end funds like blackrock (BBN)? CEFs seem to have high dividends and low volatility compared to stocks/etfs even so just wondering how it would be to hold a few CEFs

[June]

I lived with mid 30 year olds that were in $20k+ worth of debt to coffee and drinks. It's pathetic.

This is really funny.. or sad.

[rawimpact]

Don't be so toxic, guys. I really need an advice.

Invest in gold

Buy high sell low

[Kblaze8855]

Anyone else into NIO? Chinese electric cars. I’ve been buying in since September 2018 when it was like 6 bucks and it’s now between 18-22 depending on the day.

I almost forgot about it till today. Went to check on my Apple and Tesla with them splitting and noticed it. Wish I had more. I was like 600 dollars in to start because I spread things out so much. Still a good profit but nothing to celebrate exactly. Long term it might be something though.

[TheCorporation]

Anyone else into NIO? Chinese electric cars. I’ve been buying in since September 2018 when it was like 6 bucks and it’s now between 18-22 depending on the day.

I almost forgot about it till today. Went to check on my Apple and Tesla with them splitting and noticed it. Wish I had more. I was like 600 dollars in to start because I spread things out so much. Still a good profit but nothing to celebrate exactly. Long term it might be something though.

You got in on Tesla before the split? Nice. How much did you get in on Tesla for?

[Kblaze8855]

I’ve been in and out on Tesla for years like an idiot instead of just letting it ride so I’m not all in at the price I started. I have a fund that comes outta my check but the individual trades I do on Robinhood with bonus money. I’ve got one coming up so I’ve jumped back in and I’m pissed I didn’t keep more Tesla last time.

[bladefd]

Anyone else into NIO? Chinese electric cars. I’ve been buying in since September 2018 when it was like 6 bucks and it’s now between 18-22 depending on the day.

I almost forgot about it till today. Went to check on my Apple and Tesla with them splitting and noticed it. Wish I had more. I was like 600 dollars in to start because I spread things out so much. Still a good profit but nothing to celebrate exactly. Long term it might be something though.

I got a few Apple stocks for $350 couple months ago. It's $500 apiece now. I am going to hold these for long term and re-invest dividends.

I wish Facebook stocks had dividends. I would have bought a couple but no dividends hurts a bit, especially since the stock is bit costly.

I last bought couple Square stocks. They are for long term hold, but they are doing nicely. Their business model is rock solid, profits have been constantly growing and only going to go up. I wish they had dividends, but I am hoping it increases enough in value to be worth not having dividends. If it can double or triple in value in 2 years, which I definitely expect it to, then it is worth it.

[bladefd]

I’ve been in and out on Tesla for years like an idiot instead of just letting it ride so I’m not all in at the price I started. I have a fund that comes outta my check but the individual trades I do on Robinhood with bonus money. I’ve got one coming up so I’ve jumped back in and I’m pissed I didn’t keep more Tesla last time.

Tesla is very dangerous to get in now at over 2k unless if you buy it as part of some ETFs. It is a ticking bomb getting ready to go off. Their valuation is THROUGH THE ROOF while just barely taking on profits after many years of annual losses.