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401k upfront or DCA? 2021
How are saving your salery ? investing etc.?
I joined Tiger Analytics with CTC of 9lpa. When I check in greythr IT statement, it shows 7.14lpa.
In the CTC payslip, it shows 75k per month as my salary. But this month I got 61k.
I understand they deduct tax, but I feel it is too much. IDK where I'm losing the money. Can someone tell if this is normal. I'm a fresher so, IDK much about it.
Also, what can I do to pay less taxes? Any help on that?
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Additional Posts in Stocks
Best stock plays right now?
Should I get ibonds?
What are you all buying today?
Thoughts on newly IPOd ROOT?
Well, any Russian companies to short?
How long is your time horizon? If short or if you think you might need the funds then savings account. Otherwise buy about $825 of a broad market based ETF every month and call it a day.
DM me
Check out PRNT. And teledoc and amwell and a lot of other 2020 stocks that are at crazy discounts right now.
Other than anchoring, why are they trading at a discount? I think most people acknowledge 2020 was an abnormality
AMC #bullish
Buying AMC now feels like buying GME at $250. On the one hand, if doge coin could hit $100bil market cap than i don’t see why amc couldn’t. But this is straight gambling. Even hedge funds are selling their positions. Banking on a short squeeze really isn’t an investment thesis. And short sellers aren’t unaware of what’s going on, especially at this point.
There is literally no reason for AMC to be at all time highs. They were dying before the pandemic - all long term trends point towards streaming and shorter (if any) theatrical releases. They have tons of deferred rent and will be at limited capacity the rest of the year.
It won’t be tomorrow or next week or next month or possibly even this year, but at some point their dilutions and debt and diminishing business will matter.
Vti-90%, amc and meme - 3% , ETH-3%, REIT- 2%,Cash-2%