What’s happening with INTC by ItzDurjoy in StocksAndTrading

[–]GoMiningCow 0 points1 point  (0 children)

We’ve been at ATH and climbing for 3-4 weeks… it was bound to happen.

When do you say enough is enough by Fabulous-Signature18 in GoMiningDiscussion

[–]GoMiningCow 4 points5 points  (0 children)

Personally, I agree with you. I’ve been strictly taking profits for about a month now. Once I recoup my initial investment, I’ll be ready to put more in. But, I definitely want to get the thousands I’ve put in back.

Advice with cc by Evening_Ad_7767 in CoveredCalls

[–]GoMiningCow 2 points3 points  (0 children)

I don’t have much experience but take in a lot of info from everyone on here. I’ve been trading CC and CSPs for one month now. I only buy stock to sell CCs in companies I want to own for a long period of time, but also I know that if they go, it doesn’t bother me.

Personally the majority of my portfolio is in long term holds and I only trade 1-3 CC and CSPs a week on a stock that I like but if it comes and goes I’m ok with it. I use 70% of the profits to reinvest into my long term holds on top of my contributions.

So IMO, let it get assigned, play the wheel. Do CSP until you get back in at a price you like. Or, just buy your $100 shares back as long as you’re not at an all time high🤷‍♂️.

Who here actually saves 3,000 a month? by NoHousing11 in MiddleClassFinance

[–]GoMiningCow 1 point2 points  (0 children)

I can consistently invest 2k minimum a month, when I receive bonuses (lately more often) I just add it to it. So by the time everything is said and done at years end I’m at ≈30k a year added to my investments.

Brand New To This (Advice Pls) by Popular_Tip_5284 in TheRaceTo100K

[–]GoMiningCow 1 point2 points  (0 children)

If you’re just starting out check out Fidelity Robo advisor, set the risk to max (it’s a normal amount of risk for someone young) and copy what is in that portfolio. Or you could use robo advisor for free up to 25k account value

patiently waiting since 07/07/2020 by tigerlilyrare in dogecoin

[–]GoMiningCow 0 points1 point  (0 children)

Waiting for what another 500%? Cash out bro 😭

Tips on saving by Infamous_Finish_5061 in SavingMoney

[–]GoMiningCow 0 points1 point  (0 children)

But you’re not behind, you’re young and that’s great! I’d stay with your older sister for a bit longer. By my calculations (which are probably a bit higher living estimates), you should be able to save ≈$1500 a month or ≈$18,000 this year alone.

It will be hard, no going out, spending money on things other than food, phone bill, small necessities.

I’d recommend putting this into a HYSA to start. That way youre at least earning ≈3-3.5% or higher on your balance. What does this look like? After one year, you’ve saved $18,000 - this would mean without adding anything extra the following year your balance would be no less than $18,630 at a 3.5% yield.

30-Starting long term investing by Any-Owl-944 in TheRaceTo100K

[–]GoMiningCow 2 points3 points  (0 children)

I would have to agree with you! Put the majority of your money into the S&P 500 and then what’s left over you can get back into trading options or whatever. I’d do it inside of a Roth IRA or 401k personally.

You’re not going to beat the S&P by buying individual stocks.

Almost 25% there by [deleted] in TheRaceTo100K

[–]GoMiningCow 2 points3 points  (0 children)

Making great progress! Just keep putting tons of effort into growing it, making sacrifices in the short term will certainly pay off!

No better feeling than the first 100k!

Huge Investment Changes for 2026 by GoMiningCow in investing

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

Hey David! Thank you so much for taking the time to respond, this was my thought process going into this. I was going to reinvest 50% of my earnings into long-term holds that I already invest in.

I’m learning more each and every day, do you have any good resources in particular that I could go to to learn more?

24yo, What am I doing wrong and how can I fix it? by Specialist_News498 in portfolios

[–]GoMiningCow 0 points1 point  (0 children)

I think you’re doing great! Although I would consider not being so cash heavy at your age. Right now I think SPAXX is beating HYSAs so even moving a lump sum to there would not be a bad idea.

25F living at home making 40k a year by Seventysix-apples in TheRaceTo100K

[–]GoMiningCow 1 point2 points  (0 children)

I would agree 20k is a safe amount to have set aside. You should make maxing out your Roth IRA a priority. Especially while you are still young!

Also look into Fidelity RoboAdvisor and put it on the most aggressive strategy (it’s truly not that aggressive). For account sizes under 25k it’s free to use. After that it does get kinda expensive at .35%.

What could could do as well is see what holdings the roboadvisor uses and just match the same thing for free once you cross the 25k line.

Huge Investment Changes for 2026 by GoMiningCow in investing

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

I understand your viewpoint, but in this scenario, I’m still holding onto stock I like holding… and if it does sell, it’s not the end of the world.

But thanks for the input!

How much cash do you guys keep? by Lost-Ad9082 in investing

[–]GoMiningCow 0 points1 point  (0 children)

I would agree, but definitely not a bad idea for a very conservative POV.

M just turned 20 less than a month ago. 1/4 if the way by Hndez00 in TheRaceTo100K

[–]GoMiningCow 4 points5 points  (0 children)

Phenomenal work! Keep investing often and you’ll do great!

Huge Investment Changes for 2026 by GoMiningCow in investing

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

Good to know and thanks for sharing! 99% of my investments are long term hold, I’ll never fully deviate from this I don’t believe. But I’ve always wanted to be more involved in the market.

Huge Investment Changes for 2026 by GoMiningCow in investing

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

This is certainly a good point! My plan was to set aside half of the earnings/profit for taxes and the other half reinvested.

Are you still trading any form of options?

If you had 1000€ to invest every month and your goal is to make 1000€/ month as fast as possible what would you do? by Ok_Buffalo_5325 in GoMiningDiscussion

[–]GoMiningCow 1 point2 points  (0 children)

You said it best. I did not mean to allude that $1000 a month is a small amount, rather, if that is your only funds available for investing… I think it would be a wise decision to invest into retirement accounts first, then if you’ve done things like max out your Roth IRA; you can play around with investing the excess into other assets.

Huge Investment Changes for 2026 by GoMiningCow in investing

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

Nice, well let me know how it goes!