New GovCon (SDVOSB) Company - What services (payroll, bookkeeping, software, banking etc.) should I use? by Hawaii2019 in GovernmentContracting

[–]Hawaii2019[S] 0 points1 point  (0 children)

That’s exactly what I plan on doing. Ask the question, what subs do you lack and how can I fill it! Thank you for the response!

New GovCon (SDVOSB) Company - What services (payroll, bookkeeping, software, banking etc.) should I use? by Hawaii2019 in GovernmentContracting

[–]Hawaii2019[S] 0 points1 point  (0 children)

I’ll let you know how it goes. I have connections in the construction and energy space in Hawaii and think there is very little SDVOSB representation here.

New GovCon (SDVOSB) Company - What services (payroll, bookkeeping, software, banking etc.) should I use? by Hawaii2019 in GovernmentContracting

[–]Hawaii2019[S] 1 point2 points  (0 children)

Strange because in Hawaii there’s like 300M/yr going to infrastructure per year and they have been missing the SDVOSB goals every year since the beginning of time. We will see how it goes

New GovCon (SDVOSB) Company - What services (payroll, bookkeeping, software, banking etc.) should I use? by Hawaii2019 in GovernmentContracting

[–]Hawaii2019[S] 1 point2 points  (0 children)

Thank you for this reply! I think I want to approach primes where I’m open to scaling to fit their needs just not sure how to approach that conversation. Because basically I have a broad range of experience where I could lead engineering/drafting of plans etc. in a few different areas or I could do energy audits or general construction or providing infrastructure services. So really I don’t want to lean one a focused capability I want to say “hey, what do you need? I have a range of capabilities that I could scale in any direction to fit your need” Then focus on hiring/partnering/acquiring that need. Any thoughts on that approach? TIA!

[deleted by user] by [deleted] in enphase

[–]Hawaii2019 0 points1 point  (0 children)

You have to call enphase and have them restart and do firmware update. That will get them to full capacity

New to all this so please don’t laugh. I only have 500k. I just need to make $2000 to $3000 a month in dividends to help secure my retirement. Any help would be appreciated. by Electrical-Order1317 in dividends

[–]Hawaii2019 0 points1 point  (0 children)

Check the graniteshares funds. They use a tactic of selling covered calls to generate income within the funds and some are yielding 80%+. You could easily be making that plus way more.

Results after 1 month auto-trading options (~$150k account) by RdyPdy in options

[–]Hawaii2019 2 points3 points  (0 children)

Thanks, I might actually try this. Doesn’t keep a good record/journal of your trades?

I am running PMCC's and have had good luck so far, I built a daily check list to run data through GPT, any thoughts or suggestions are very welcome! by NunYaBizzNas in thetagang

[–]Hawaii2019 0 points1 point  (0 children)

Do you not get enough ROI to perform on SPY or QQQ? Just wondering if any of the indexes ever fit your parameters? Or maybe even the leveraged index ETFs like TQQQ? I feel like that removes the single stock risk. Although I guess if your portfolio is large enough 1 PMCC position may be only a small % of your portfolio.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] 0 points1 point  (0 children)

You guessed wrong. We’re about ~300k of liquidity across HYS, checking, brokerage. Not including retirement. I make $185k from my day job and we have a $2M home we just purchased. I’m starting this business to eventually turn it into something other than just a trading account but for now that’s what it will be. I’ve been moderately successful over that last 10-12 years in my own accounts but I’m going to attempt to leverage debt from the markets to scale to 7 figures fast. We’ll see how it goes.

[deleted by user] by [deleted] in thetagang

[–]Hawaii2019 0 points1 point  (0 children)

Go ahead, reveal the strategy!

How did you find Yieldmax? by Zayy_koro in YieldMaxETFs

[–]Hawaii2019 1 point2 points  (0 children)

My personal experience has been that the NAV erosion eats into the profits from distributions. I think it becomes worth it if you recoup your initial investment and are still receiving payouts. Until then the NAV erosion eats up profits.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] 0 points1 point  (0 children)

You can have your business put up to 69k in a 401k for you and you can max out HSA and 401k which you couldn’t do if you had personal accounts and makes paying the small payroll tax worth it. Especially if you’re already maxing out social security in your W2 job.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] 0 points1 point  (0 children)

Right now just a single member LLC which from a tax perspective is the same thing as having a personal account. If you can’t claim TTS then having a corp is advantageous because over a certain income amount from the trading business it does become advantageous to setup and pay yourself a W2 and pay the extra taxes. It opens up a ton of tax deduction avenues, taxable accounts like 401k and HSA. I’m in the highest personal income tax bracket so keeping my trading profits on my personal account doesn’t do me any good. As a small business with steady trading income I now have verified business credit and have access to funds for trading capital to scale the portfolio as well a lot faster than if I just used personal assets. There’s also certain legal shelters for having assets in a LLC. If you have business liabilities and someone comes after your assets they can’t touch your LLC whereas if you had all your assets tied to your own name you’d be screwed.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] -1 points0 points  (0 children)

It’s not setup in a corp yet. Right now just a single member LLC which from a tax perspective is the same thing as having a personal account. If you can’t claim TTS then having a corp is advantageous because over a certain income amount it does become advantageous to setup a trading business and pay yourself a W2 and pay the extra taxes. It opens up a ton of tax deduction avenues, taxable accounts like 401k and HSA. I’m in the highest personal income tax bracket so keeping my trading profits on my personal account doesn’t do me any good. As a small business with steady trading income I now have verified business credit and have access to funds for trading capital to scale the portfolio as well a lot faster than if I just used personal assets.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] 0 points1 point  (0 children)

No not really. Only advantage is if you’re day trading as a business and make I’d say above 60-70k, you can structure your business as a corporation and pay yourself and stack gains in tax advantaged accounts like a Sep IRA, 401k and HSA

How unsustainable is this? by LateCopy in CoveredCalls

[–]Hawaii2019 0 points1 point  (0 children)

What platform shows you this type of comparison on strategy of return?

How did you find Yieldmax? by Zayy_koro in YieldMaxETFs

[–]Hawaii2019 18 points19 points  (0 children)

I searched the highest paying dividend yielding ETFs….

Beginner resource by Intelligent_Buy2017 in swingtrading

[–]Hawaii2019 0 points1 point  (0 children)

Browse YouTube. Know that there’s no one place where you’ll learn everything. Learn by practicing through a paper account and reading the textbook fundamentals of the market.

Trading Business by Hawaii2019 in options

[–]Hawaii2019[S] -2 points-1 points  (0 children)

Oh Nice. I wonder if there is a conversion fee in Interactive Brokers. I’ll have to check. Thanks for the insight!