Boiler Room: The Official Stock Market Discussion

mannyrs13

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I just checked my account and saw that some of my funds paid out dividends, short and long term gains last night. :wow:

Got me damn near at 75k goal in there and likely will hit it Monday morning hopefully, barring any craziness with Tesla. Hopefully I won't have to make any moves with these mutual funds and they continue to be profitable for me. Even if it's not crazy gains like this year, I'm optimistic we'll continue to get decent 10%+ gains on some of these investments. Gonna be a great rest of the year for all of us.
 

Panther

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Should I throw my holiday bonus in my 401k or IRA?

401K is $VIGAX or if i go IRA im buying more SQ
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
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TYRONE GA!
Dump that shyt breh...Dump that shyt...Now talk to the wife and look at Dividend aristocrats but I'm thinking once ATT gets rid of direct tv and clears away some debt I'm going to jump into them even more so. Also I like Altria but I had to do a lot of research on them and I don't think people are going to give up their vices.

Plus people tend to forget ATT owns Time Warner (mainly HBO and DC)
Oh nikka I got some T stock years ago but it ain't really been doin shyt. But I know it's a long term joint. Only got like 20 shares of it tho in the same regular brokerage account.
 

Controversy

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I dropped the ball on the $KCAC SPAC. I got in at $19/share a few months ago. I sold at a loss being impatient. Merged with $QS and it's now $73/share. I'm having a great year otherwise.

:francis:
 

Reign X

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Honestly I just started doing most of my work at like 2am or the weekend.

That way rest of the day I'm free to sleep, follow the market, or in meetings. :yeshrug:

I’m spending too much time on this stuff but the markets just been crazy. Covid has stuff in my area shutdown, so not much to do anyway. But your schedule is insane. damn, you getting returns well over 100%?

FE talked about how he used to spend all day just looking at market, was his only job. But then he realized he had more to do with his life.

I find this all fun (bull market though) but there’s also people that buy into great companies, only check account once a month and do great. After covid I could push myself to find a better job, or would like to find another good passive income stream. Dora’s real estate return isn’t the norm. It probably is the next step though for most people. I got some concerns in that area but don’t want to derail this thread.
 

Originalman

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Should I throw my holiday bonus in my 401k or IRA?

401K is $VIGAX or if i go IRA im buying more SQ

Depends what you looking for. Are you looking for a tax shelter? If so go the 401k route. If you don't care about taxes then go the IRA route.

For me I just threw my entire check on the 1st and 15th for December into my 401k in order to reduce my taxable income. Covid done reduced my possible tax reductions for the year so I gots to hide money before the year is out.
 

ahomeplateslugger

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i can see a correction, but correction is just a nice clearance sale day. it will get back up right back. Feds just won't let the market down. and stimulus is coming. so i see another bull run in 2021, but not like what we had.

i don't think i'll ever do another 200% return like this year. it's not likely. i'll be happy with 30% annual return from now on.

oh absolutely. It’ll get right back up. Whenever SPY has a 5% drop it shoots right back up and climbs up higher than the previous high. We’ll probably get that through out 2021 as we climb higher.
 
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