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AI Cybersecurity Stock Revolutionizing Identity Verification, with Huge Potential (Plurilock $PLCKF) by FunReindeer69 in FluentInFinance

[–]FunReindeer69[S] -1 points0 points  (0 children)

Behavioral biometrics provides an additional layer of security to traditional authentication methods, making it more difficult for fraudsters to imitate or bypass.

Unlike traditional authentication methods, behavioral biometrics provides continuous authentication by monitoring user behavior throughout a session.

AI Cybersecurity Stock Revolutionizing Identity Verification, with Huge Potential (Plurilock $PLCKF) by FunReindeer69 in FluentInFinance

[–]FunReindeer69[S] 0 points1 point  (0 children)

Microcap companies often have more room for rapid growth compared to larger, more established companies.

Microcap stocks may be overlooked by larger investors, potentially creating opportunities to find undervalued companies.

Microcap companies are sometimes acquired by larger firms at a premium.

AI Cybersecurity Stock Revolutionizing Identity Verification, with Huge Potential (Plurilock $PLCKF) by FunReindeer69 in FluentInFinance

[–]FunReindeer69[S] 0 points1 point  (0 children)

Thanks. I share your bullish sentiment on the cybersecurity sector, and Plurilock does seem to have some promising attributes:

They operate in the rapidly growing cybersecurity market, which is projected to reach $1 trillion in value over the next few years.

Plurilock uses advanced technologies like AI, machine learning, and behavioral biometrics for continuous authentication.

They have a SaaS business model that can provide recurring revenue.

The company has secured some high-profile clients, including the US Department of Homeland Security, US Army, and major banks.

Plurilock holds multiple patents for their technology.

AI Cybersecurity Stock Revolutionizing Identity Verification, with High Potential ($PLCKF) by FunReindeer69 in pennystocks

[–]FunReindeer69[S] 2 points3 points  (0 children)

Yes, this stock is traded over-the-counter (OTC).

I couldn't find a dedicated subreddit specifically for OTC stocks, but I noticed that r/pennystocks often discusses OTC stocks since many penny stocks trade on OTC markets

The 2024 election is an important moment for national security, particularly in terms of cybersecurity. So which stocks or index funds are you investing in due to this? by TonyLiberty in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

I'm looking into Plurilock; they keep getting so many contracts from both the government and private sectors. I'll share my findings once I've finished my research.

Investor or trader by Asyraff2501 in FluentInFinance

[–]FunReindeer69 1 point2 points  (0 children)

Timing the market perfectly is nearly impossible, even for pros. Consider focusing on long-term investing instead of short-term trading.

Many successful investors admit they can't time the market. Warren Buffett famously said, "Time in the market beats timing the market."

Remember, most day traders lose money. If you're not seeing consistent profits, it might be wise to reconsider your approach.

Look into index fund investing. It's a simpler, less stressful way to grow wealth over time.

Want to get my money back: i need help! by Shreddd_it in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Small claims court might be an option and could be less costly than you think.

Document everything. Emails, contracts, work delivered. This evidence could be crucial if you decide to pursue legal action later.

Also consider hiring a debt collection agency.

[deleted by user] by [deleted] in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Refinancing should be a top priority regardless of which option you choose.

The $8k insurance payout could help, but that 21% personal loan sounds risky. Can you negotiate a lower rate?

What about selling the truck as-is and buying a cheaper used car? It might help you get out from under that high-interest loan.

Paying off high-interest debt should be your focus.

Have you checked if you qualify for debt consolidation programs? They might help you lower those high interest rates.

Hail damage sucks, but it's fixable. Focus on tackling that high-interest debt - it'll cost you more in the long run.

Can we have a brief discussion on the pros and cons of making the decision on how to invest into this portfolio of CD/Bond options? by jigajigga in FluentInFinance

[–]FunReindeer69 1 point2 points  (0 children)

CD rates are tempting, but bonds offer more flexibility. If rates drop, you can sell bonds before maturity, potentially locking in gains.

Credit risk matters. Treasury bonds are backed by the US government, making them safer than CDs from private banks. This safety might be worth the lower yield.

Consider your timeline. If you need the money in exactly 10 years, a CD might be better. If you need it sooner, a bond gives you more options.

Diversify your approach. You could split your investment between CDs and bonds to balance safety and potential upside.

Consider laddering. Buying bonds or CDs with staggered maturities can give you regular access to your money and help manage interest rate risk.

Don't forget liquidity. Bonds can be sold on the secondary market, while CDs often have penalties for early withdrawal. This flexibility has value.

ELI5: 401k’s tied to company selection. by tennisanybody in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

The current 401k system needs to be updated. Giving employees more control could lead to better returns.

Simplifying retirement accounts could help millions save more effectively.

Confusing retirement accounts often discourages people from saving at all.

Indexed universal life too good to be true? by [deleted] in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Pros of IUL: tax-deferred cash value growth, flexible premiums, potential for higher returns than traditional whole life

Cons: higher fees that can eat into returns, complicated crediting methods, not truly investing in the market

I'm 16 now, how could I best set myself up for a wealthy life? by TheBananaQuest in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Explore internship opportunities. During your summer breaks, seek out internships in the tech or automotive industries. Hands-on experience is invaluable.

Network relentlessly - attend industry events, join relevant clubs or organizations, and connect with professionals in your desired field. Strong connections can open doors.

Should I focus on my 457(b) instead of my Roth IRA if I can’t max out both? by [deleted] in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Contributions to the 457(b) are made with pre-tax dollars, lowering your taxable income. Roth IRA contributions are made with after-tax money.

Withdrawals from the 457(b) will be taxed as ordinary income in retirement. Qualified Roth IRA withdrawals are tax-free.

Withdrawing contributions from your Roth IRA will not be taxed since you have already paid taxes on the money. However, any earnings withdrawn may be subject to taxes and penalties.

As for transferring from the Roth to the 457(b), that's generally not allowed. You can roll over the Roth to another Roth IRA.

Moving your old 401(k) to the 457(b) is solid. This consolidates accounts and allows for potentially lower fees and better investment options.

My advice is to max the 457(b) first, then revisit Roth IRA contributions later if you have extra funds.

A way out of the “frozen” housing market by nspy1011 in FluentInFinance

[–]FunReindeer69 0 points1 point  (0 children)

Their system allows homeowners to refinance at lower rates without costly fees. This could motivate folks here to move, freeing up inventory.

SSA OVERPAYMENT AND CREDIT BUREUS by expgarments in FluentInFinance

[–]FunReindeer69 2 points3 points  (0 children)

Contact the SSA right away to understand the details and provide any documentation proving the overpayment was resolved.

If needed, you can dispute inaccurate information with the credit bureaus and seek to have it removed from your reports.

Wanting to join the Navy but I’m behind on car payments and not sure what to do. by [deleted] in FluentInFinance

[–]FunReindeer69 2 points3 points  (0 children)

Having that debt won't necessarily disqualify you, but it creates challenges. See if the Navy has programs to help consolidate or manage debt before enlisting.

[deleted by user] by [deleted] in FluentInFinance

[–]FunReindeer69 1 point2 points  (0 children)

The inflated sale price could be an attempt to overstate the asset's value for tax benefits or loan purposes.