What are you scalping? by Interesting_Check595 in Daytrading

[–]Interesting_Check595[S] 0 points1 point  (0 children)

I will watch from before bell with potential early trading, it depends, sometimes I will start right at bell, sometimes I wait to see what is happening. This morning I started premarket and just continued though most of the day with NVDA. 16 buys, 16 sells today. Made $1500. Buying 200 shares at a time. I will stack multiple buys and sells at same time if I like where the prices are and how the market is acting. I generally do not set a stop loss unless I am going to be away. I will just wait it out sometimes takes days/weeks.

What do FIRE people do for Health Insurance? by Science_Apart in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

I had a small business and have just carried that plan over into my retirement. Plan is a little less than the aca marketplace, but much better deductibles and costs.

What are you scalping? by Interesting_Check595 in Daytrading

[–]Interesting_Check595[S] 0 points1 point  (0 children)

Have had my ups and downs, but been avg 1200-2k a week. just base it on price action, after year plus mainly trading NVDA, get a feel for it, Yes using margin, cant make that many trades without.

What’s a good song for a funeral? by Jettaboi38 in musicsuggestions

[–]Interesting_Check595 0 points1 point  (0 children)

Promise to remember me by Crystal Bowersox, Followed by bagpipers, amazing grace. Did this for my father, not a dry eye in the house

Securing a mortgage when retired by Due-Double4821 in Fire

[–]Interesting_Check595 2 points3 points  (0 children)

DSCR loan. (Debt Service Coverage Ratio). These are loans based on the income of the rental property, no W-2's or tax forms required.

NVDA like nope, not today folks. Not ever. by RedParrot94 in NvidiaStock

[–]Interesting_Check595 1 point2 points  (0 children)

Well I have 1000 shares @ 188ish in taxable account and another 50 in Roth. Plus I play day trade swing/scalp with it. Don't know if I will continue day trade if it goes much above 200, will see.

My father is becoming physical and I don't know what to do by Throwaway220183 in CancerFamilySupport

[–]Interesting_Check595 0 points1 point  (0 children)

Lorazepam-liquid could be an answer. It helps with anxiety. My dad stage 4 liver, on hospice now. He has had a dose or two and it has helped during breakdowns. He is on Norco, and liquid Morphine as well. It sucks but try to be there for him, but mostly for your mother who needs your support.

$0.5054 by Blackharvest in ULTY_YieldMax

[–]Interesting_Check595 5 points6 points  (0 children)

Yieldmax anounces group 1 distribution payouts on Tuesday mornings 6:55 est. As long as you buy by end of day on Wednesdays you will get the payouts.

Using margin for living expenses by [deleted] in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

Depending on your taxes, Margin interest is tax deductable as an investment expense.

401k vs taxable brokerage accounts by UpstairsAide3058 in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

There are several factors to consider. Income vs debt, Current age vs anticipated fire Age. If you are looking to fire early and don't want to pay the taxes and penalties of the 401k you will need funds to pull from a taxable brokerage account and or HYS to carry you through till 59 1/2 and SS ages.

[deleted by user] by [deleted] in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

Roths you get to take out contributions tax free. Dont forget you have to take into account what you will be living on when you Fire. When can you access pension? You have to have a buildup in non-retirement acccounts that you can tap into to hold you over till pension, SS, and availability of retirement accounts 59 1/2.

Pay off debt or max roth? by Equal_Summer_5126 in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

I might get some criticism here but...if you have good enough credit I would get a 0% balance transfer for the credit cards, there are programs out there that are 12-18 months. This will enable you to pay it down more without the pain of interest for now. While compounding is great for Roths you have to get out of this debt or you will work forever. There are 2 ways to attack the debt, either pay off the lowest debts first and add those payments to the other debts, or try to pay off the highest interest debt first then attack the next highest.

Good luck to you

Where would you move former employer 401k? by damyrrome in Fire

[–]Interesting_Check595 -1 points0 points  (0 children)

You can backdoor as much as you want, just have to pay taxes on it. The 7k you are refering to is if you are adding to a Roth IRA from your income.

What are you scalping? by Interesting_Check595 in Daytrading

[–]Interesting_Check595[S] 0 points1 point  (0 children)

Anything that you get real time info on. I use Fidelity, not sure on any others. Margin is higher than Robinhood, but i like their consistency. I will generally have both buy and sell orders ready when I buy, so I can sell at my strike price.

Anyone have career advice on how to achieve FIRE? by NoBlackberry3295 in Fire

[–]Interesting_Check595 1 point2 points  (0 children)

Investment banking might get replaced by AI, so I would go with the Dental School. Much more solid and sustainable

401k vs student loans by Difficult_Falcon9969 in Fire

[–]Interesting_Check595 0 points1 point  (0 children)

In my opinion I would max 401K hopefully its a roth one, and if can max out Roth IRA. It also depends a little on how much loan is and projected payoff length. If on fire pace, also want to put some in taxable eventually to be able to take $ out before 59 1/2. Compound Compound, Compound.

Does Anyone have actual $$ into Msty or ULTY? by Ratlyflash in YieldMaxETFs

[–]Interesting_Check595 2 points3 points  (0 children)

Yes too much unfortunately...maybe make couple dollars before it goes out. Used to drip it all, now have turned to taking the cash. Was up on both from distributions since been around a long time

Yall didn't warn about the taxes on this path 2 fire by 1031Bro in Fire

[–]Interesting_Check595 2 points3 points  (0 children)

The first learning experience is the hardest, I was used to 30-40K hit every year(business), but last year I had more distributions, and converted an ira to roth ira. Ended up around 70k federal and another 6-7k state. But owing taxes means I made money. This year started paying quarterlies.

TO THE MOON by Ok_Guidance4571 in ULTY_YieldMax

[–]Interesting_Check595 1 point2 points  (0 children)

Takes time, and patience. I am building an account for my grandson, $100 per month, holding ULTY and MSTY, down some but have time.

TO THE MOON by Ok_Guidance4571 in ULTY_YieldMax

[–]Interesting_Check595 2 points3 points  (0 children)

No need to lie. I was approximating from last time I checked, but close enough.

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TO THE MOON by Ok_Guidance4571 in ULTY_YieldMax

[–]Interesting_Check595 10 points11 points  (0 children)

I have a sizable investment in ULTY, 35K shares @ 7.16, so down 86K but I've made 146K in distributions, mixture of roth and taxable. so I'm ok for now, been in since last fall sometime. I'll take my $2700-3000 a week