InfamousThoro
All Star
made $10 this morning doing penny trades
Good for your breh! Making even a little money online gets addicting fast
made $10 this morning doing penny trades
I know this has probably be said but I know nothing about solid investing and I make decent money with atleast 2k a month I know I can allocate to something resourceful. What would be the best route going forward if one was in my position?
Curious what some of your inputs here are, on this:
Michigan Teen wins lottery and gives it ALL to his parents. Smart or Dumb move?
Depends on their situation. Do the parents NEED help? He's 19, is he in college and/or he have some things to pay off? 500k is a big amount but it's not lifetime money. Maybe if he's having to fund college he can make sure he's covered. The gesture is nice obv but maybe the parents are smart enough and basically invest it for him for his future if they're ok.
Hell he could've kept it, have a pro setup necessary accounts then give his parents each 14k every year no tax implications
If you invest 500k wisely you can make it into lifetime money quite easy actually.
I dont have a Roth or 401k. I don't work for a company per say so I don't have typical benefits or options. The wife does so I'm covered but I don't know how beneficial it'll be for me without the matching unless I wanted to match myself, which won't give me much incentives....If you already doing a matching 401k and got little/no debt then go Roth IRA. tax free growth.
I dont have a Roth or 401k. I don't work for a company per say so I don't have typical benefits or options. The wife does so I'm covered but I don't know how beneficial it'll be for me without the matching unless I wanted to match myself, which won't give me much incentives....
On another note, anyone ever uses betterment?
Heard of it but haven't tried it. Don't like the fact that it's only mobile and doesn't have a website.