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Ugly day for tech stocks today... stock pile?
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Hello Everyone,
I am conducting independent survey on software developers working across the globe, specifically in Europe. We designed a survey to gauge the perspective of software developers on secondment option. I wanted to reach out to invite you to participate in survey for assessing your opinion on secondment option. Thanks in advance for your thoughtful output.
https://www.surveymonkey.com/r/QBV3389
Additional Posts in Personal Investment Chatter
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When to buy back in to triple leveraged etfs 🔮
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Sheesh im in the same boat as you but dont have 25k in the bank. How did you do that save up so much + invest ? Unless youre getting paid ridiculously more than me 😭
Well majority of that money was not taxed so that helped a lot.
Just invest in what you want. You're 22 you should be risking the majority of your money - you'll have time to make more.
Increase your 401k to 10% minimum. You'll ultimately make more if you invest more earlier on. Plus you can always decrease if you need money.
No bandwidth today, but I’ll hopefully have some free cycles in the coming months when I start a new job.
Delta and jets
Just keep buying 1 share of VOO with each paycheck for the foreseeable future. That alone isn’t a terrible strategy. If you have anything more than that I’d think about getting into other things then
What a relief, that’s exactly what I’m doing
Rising Star
Well the Tesla is smart not sure about mgm tho
That’s not what I was thinking lololol
Rising Star
What is there to invest in other than stonks
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23, working 8 months started with $0.
~18k in cash
~16k in Roth IRA & Vanguard Brokerage— mostly VTSAX (~80%), VGT, just put into <4% into QCLN.
Throwing a measly 4% into 401k until employer match kicks in.
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Yeah that’s a fair point @A4, I’ve been contemplating and hopping back and forth between my contribution %’s over the past 6 or so months.
Recently I decided to invest more in my brokerage to take advantage of certain ETFs that were on sale. Going to bump up my 401k contribution as we are ending the year though!
MSFT
Bitcoin. Don’t be a laggard
Conversation Starter
What is the ETF for Bitcoin? Why would you recommend or not recommend?
Throw some FAANG into your portfolio, proven they can still make money even in a pandemic. Or better yet look up dividend reinvestment plans (DRIP). Nice way to have your money make money. I'm a fan of reading articles on the Seeking Alpha app (free).
And don't knock BTC. Institutions are slowly starting to view it as a store of value and there truly is only a finite amount of BTC that will ever be mined. The sooner you buy in (even as an inflation hedge) the better off you'll be if BTC demand really takes off. There is risk involved but worth it as long as it's a small percent of your portfolio.
Thanks for the feedback best response so far. I definitely will take you up on your advice.
If you want an asset class other than stocks I’d go with gold. The price has jumped and stabilized at around $1925 an ounce but you can buy an ETF which would track the spot price. With more money printing on the way many expect the value to rise.
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Thanks Accenture1
What tool / service is this?
Td ameritrade!
How soon do you want to buy a house? Maybe start saving for that?
Poor wording. I have a fixed rate that I invest and save at no matter my income I want to keep that steady. If I want to invest, save or spend more I only allow myself to do so unless I earn more. Post was mainly asking if anyone had suggestions of where I could invest outside of stocks.
What is your reasoning for Roth?
Simple, as a staff you’re at a lower tax bracket than you think you’d be at in 10 years right? That means you’re going to get taxed less on the money you put in now vs when you’re older. Your investment will go further and is definitely worth it retirement wise (assuming Biden doesn’t change up the laws too much)
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Rising Star
If you want individual stocks, pick 2-3 you feel super confident are going to be around in 2050 and work backwards from there
Rail road bonds, can’t go wrong there
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How/where do you purchase rail road bonds?
$NIO
Rising Star
$TSLA
DKNG
DNKG and FEAC into Skillz