Boiler Room: The Official Stock Market Discussion
It’s such a volatile stock. I mean I just average down but I’m bummed I did a lot of buying in the $19-$22 range. My average is $18.94.
Won't be surprised if glxy gets brought by goldman out of the blue one day. Former gs execs there. CFO of Bridgewater going to nydig. Gs hiring a team for Bitcoin.
Arkk below 200ma continues to be bearish, Roku still bearish despite bounce. Coty has er Monday so be careful for any option players, probably low volatility.
Finance is doing super well. C jpm gs all doing well.
Arkk below 200ma continues to be bearish, Roku still bearish despite bounce. Coty has er Monday so be careful for any option players, probably low volatility.
Finance is doing super well. C jpm gs all doing well.
El_Mero_Mero
All Star
$1924.69
Do you have a lot of shares at that price? Other than a steep dip, is there anything that would cause you to buy more even at its current price?
El_Mero_Mero
All Star
Dumb question, but maybe one of you can provide a quick 1-2 sentences to clarify it so I don't have to read a whole article.
I just opened up a Roth IRA. To my understanding, I'm only allowed to contribute $6,000 into it per tax year. If I put in $6,000 for tax year 2021, and I use all of that to buy shares of McDonalds, but then I still want to buy another $1000 worth of McDonalds shares during tax year 2021, I would have to purchase the extra $1000 worth of McDonalds shares in a separate brokerage account, right? (Either by starting a separate non-IRA account in Fidelity or by just going with one of the other players in the field, right?)?
If I wanted to purchase McDonalds again in my Roth IRA, I would have to wait until tax year 2022 when I would then be adding another $6,000 into my Roth IRA, right?
I just opened up a Roth IRA. To my understanding, I'm only allowed to contribute $6,000 into it per tax year. If I put in $6,000 for tax year 2021, and I use all of that to buy shares of McDonalds, but then I still want to buy another $1000 worth of McDonalds shares during tax year 2021, I would have to purchase the extra $1000 worth of McDonalds shares in a separate brokerage account, right? (Either by starting a separate non-IRA account in Fidelity or by just going with one of the other players in the field, right?)?
If I wanted to purchase McDonalds again in my Roth IRA, I would have to wait until tax year 2022 when I would then be adding another $6,000 into my Roth IRA, right?
yep...same-ish...and now I have to pretend to be “excited” if/when it runs back up between $18-19 lol
El_Mero_Mero
All Star
Thank You. Another city follow-up question:
If I contributed up to $6,000 before the May 17th deadline for 2020 contributions, would I have to redo my 2020 taxes? I hope the answer is no, but where can I find a clear and accurate answer to this?
At least there’s a solid date for the merger to complete on 6/1 it will trade under the new name.
I bought 2 shares at that price in April of 2019.
Sure I would its going to go up eventually. I also don’t plan to sell anytime soon.
You do not need to amend your taxes. A Roth IRA is after tax contributions only and thus has no effect on how you file taxes. If you have $6000 right now, make sure you put it in 2020 right now (deadline is tax day May 17th).
ya fidelity hit me up surprisingly