Boiler Room: The Official Stock Market Discussion

[winb83]

Just got an email from Ally that they are dropping the rate to 1% smh.

From like 1.10 or something. The rate drop from what it was is negligible. At this point I need a reserve of liquid cash and I don't trust the stock market to stay up in this climate. I'm just leaving my money in Ally.

 

[who_better_than_me]

Bout to open up two more call option for Apple

 

[FabTrey]

TWOU is nice brehs. im going heavy whenever it dips below $33. below $37, ill sell some FB to buy more.

 

[dora_da_destroyer]

From like 1.10 or something. The rate drop from what it was is negligible. At this point I need a reserve of liquid cash and I don't trust the stock market to stay up in this climate. I'm just leaving my money in Ally.

Breh, 1.1 to 1 may be negligible but it has dropped from over 2% down to one in less than a year. I agree with having a cash savings account somewhere (even if just for better insurance on your deposit) but if you can pull part of your savings into M1, you can be conservative as hell and still 3-5x current online savings interest rates

 

[Scholar]

SQ TSLA CRSP
Innovation gang out here

 

[mson]

SQ TSLA CRSP
Innovation gang out here

Thinking about adding SQ to my IRA.

 

[FabTrey]

SQ TSLA CRSP
Innovation gang out here

 

[princeofhaiti]

From like 1.10 or something. The rate drop from what it was is negligible. At this point I need a reserve of liquid cash and I don't trust the stock market to stay up in this climate. I'm just leaving my money in Ally.

bears expecting 40% crash, im witholding adding any money into fidelity/robinhood...only adding to m1finance on a weekly basis to help with cost avg on blue chip stocks

 

[mannyrs13]

oh by the way for those who uses M1

Try not to rebalance frequently brehs. you will pay more taxes by doing so. ima only gonna rebalance once a year. dont expose yourself to more taxable events.

Good to know. Think I got a decent setup with faang, tesla, msft, sq, and a few other high ranking stocks. Got stocks that should be great long term plays so I'm set leaving it as is and just keeping depositing.

 

[mson]

I wonder when the Robinhood IPO is going to be?

 

[El Bombi]

Lonza Group.

 

[Ahadi]

INPX

mip sayin its gonna double up

Hes also talking about ABIO

 

[choc_cardigan]

I stopped pouting jelly on myself and got ARKK, TESLA and SQ popping in my M1

 

[Serious]

Market needs to pull back

how else am I going load up

 

[Ahadi]

INPX OR NIO?