Still think TITNC3: Return of the Iceberg was peak

Oh, if you're picking your own investments and not just some BS target date retirement fund, then yes, you are free to blame yourself lol

 

Shhhh, you’ll scare the children. 3 hours, 150%, and our calls are saved. Focus on the objective

 

I’m up 210% since I bought in

ZOM going to moon someday right?

 

Want to have a fun few beers discussion....

Suze Orman's advice to stay the F away from traditional IRA....Argument being "You don't think the tax brackets will shift to cover all this debt?" argument being as more and more people retire and wealth is locked up in zero income lowest tax bracket withdrawals they'll raise the tax on the taxable withdrawals...
SO pay your taxes now, and withdraw tax free...
So when they totally agree with that...come back with
ANnnnd Yet...the power of compounding....The greatest amount of money you can invest now yields the strongest return, and even if your taxes went up 3% that extra 20% tax free now, invested over time will be so much more than the post tax invested money...

 

Suze Orman is a fool if that is in fact her advice. You need Traditional AND Roth AND Taxable accounts if you want full diversification to hedge tax risk.

Oh, but of course you can. You just have to jump the hoops correctly.

 

Yep. You also have to make sure that the hoops your jumping through now are the same ones you want to be jumping through 10 years from now. Other than that, easy peasy.

 

Got in more shares at $78. But don't worry, it'll lose -16% one random day and be back there again

 

Or just backdoor Roth ladder that shit and control your income each year to keep your taxation minimized.

But yeah, there's options. Backdoor Roth. SEPP. Etc.

 

sell off $6000 a year of your good stuff to wash losses and move it to the roth...

 

Losses? Who has losses

 

Not me. I've got major losses. lol

 

Worthless video game stock....
https://www.youtube.com/watch?v=fEq3xM-i0Ng

 

Not for me and Ham and the rest of the gang

 

My diversification in the boomerfolio is 70% total US stock, 20% total US REIT, 10% gold.

VTI finished up 1.17%
VNQ finished dead flat, to the penny.
GLDM finished down 0.91%

I think it's working.

 

Predictions. GME finishes below. $90 after hours. BVIG finishes below $2.50 after hours.

 

Not a chance

 

Just a videogame stock falling -30% and gaining 20% in a weeks time.

 

It’s all good, Russia is seizing all the assets of foreign companies that are still over there. This is the fun stuff that makes the world go round

 

what about the police “seizing” cash from US citizens on simple traffic stops?
Search and seizure is cool against you and me… Yeah? Ok, Now go get some Dirty Commie Yatchs!
alls fair in love and war.
Won’t provide overwatch for some dudes, but man we’ve been doing some Economic buttfucking haven’t we?