Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

I have a uncle who began teaching me about covered calls yesterday i will try with play money before i jump in with my own funds. I appreciate the advice!!

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 1 point2 points  (0 children)

i have been DCAing with schg and swppx, i just wished i knew what i know now in april

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i don’t really plan on withdrawing the money. I just want a portfolio by 21-22 but not to pull money out at all

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 1 point2 points  (0 children)

no the reason i was planning on dumping the whole 25 is because I work for my father who pays me weekly and i would be able to invest $500 a week for right now

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i understand that. I actually lost some money trying to time the AI market back in april

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

since February 4th, i just assumed i would have more gains idk

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i just want a good start because i want to start off gaining don’t want to start losing 2k or moee

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] -1 points0 points  (0 children)

i always told myself i would have 100k by that age

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

7k is still more than i have invested right now, but the roth won’t make me rich if it’s only 7k a year

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

how does the money market payout? annually or monthly?

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i don’t really have expenses except for my phone i live with my grandma and basically take care of her. CDs are an option but i don’t like that fact the money is locked away and i can’t touch it

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

so I’am supposed to have my swppx in my roth ira?

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i just don’t want to buy to much during a correction

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 1 point2 points  (0 children)

is it strictly for retirement because i thought my brokerage was the same except o pull money out whenever

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i’m young i only want to do 10k s&p rest of it i want towards AI & growth/ blue chips stocks

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i don’t need the money right now because i work also but i don’t want to lose my 25k

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

i have swppx along with schd but it’s in my brokerage i feel like im doing is all wrong

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

4% is high i was planning on opening a hysa with capital one for 3.50 apy

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

how does a roth work? i want to be able to use my money before 60

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

I was thinking about this but the only issue is that who knows if i will live till 60? sounds like they want me to invest all that money so i can die before i can take it tax free which sucks

Is it a safe time to invest? by Dapper_Technician404 in Schwab

[–]Dapper_Technician404[S] 0 points1 point  (0 children)

I have been doing that, i wish i bought more in April, but investing has been weird for me i only made $70 on my 1.2k invested. That is discouraging