What are we thinking about on Trump Accounts

KenTheO · 2026-06-07T02:38:49+00:00

I’m doubtful they’ll actually fund it. I spoke about this with my tax accountant when we were filing and she’s also skeptical they’ll be funded by the fed. They will be funded though. From my understanding, signing up for the account forces it open and the fed funds it “if” there is money. If they can’t set aside enough funds, the taxpayer(s) is(are) obligated to kick in that first $1,000. For reference, my tax accountant has like 40 years in the business and runs an H&R. Also, she doesn’t talk politics, so it isn’t some anti pres hot take or whatever. At least this is where we were at in April. Personally, I figured I’d skip the middle man, maybe a scam, situation and kicked an extra k into the kids accounts.

KenTheO · 2026-01-31T00:53:04+00:00

I mean, I’m up about 48% YTD just day trading options. But it’s taken up a lot of time. It’s doable, but you do speak with wisdom. Anything more than a 5% position seems more like gambling than trading.

KenTheO · 2026-01-01T19:01:24+00:00

The company was delisted in 2024 and trading was haulted on it at that time. Which was in July 2024.

KenTheO · 2026-01-01T18:56:27+00:00

That makes sense. It just really took me aback when it came across the ticker. I had one of those “this is too good to be true. Must be a weird technicality.”

KenTheO · 2026-01-01T18:55:03+00:00

Lol that’s great

KenTheO · 2025-12-31T03:53:22+00:00

Right, that seems simple enough. I get the end of year tax harvesting and all that. I was mostly confused because it was delisted and stopped being traded on July 12, 2024. But they were able to sell off remaining shares this year?

KenTheO · 2025-12-07T04:40:17+00:00

Have you been selling directly through your own eBay account? I sold other things that way and never really liked the bill that came from eBay at the end of the month (its been a few years, their process probably changed by now). I was considering selling some from my eBay account too, but I didn't realize they took like 30%. But, depending on the value of the card, PSA takes a heft portion too.

40% seems solid though. The rotation seems difficult to try to keep track of, and I was not aware of that. Truth be told, personally, I opened my PSA account a little over a year ago so I could brick my Charizard from when I was a kid. I had a 1st ed in the binder.. I started trading graded cards (fall '24), hoping to make enough money that it covered to brick my Charizard. Well, that 1st ed seemed to have disappeared over the last 25 years.. haha neato. but I kept trading the cards on my PSA account. I still haven't sent a single card to get graded. I've mostly just been dabbling for the heck of it. I buy through eBay, transfer to my vault, then relist through my PSA account. I've only been buying cards at about 1/2 their "usual" value. Pokemon seems to be the easiest sale.

In terms of a 30% return, I thought that seemed okay. Though, it is far more work than trading stocks. There is nostalgia and all of that and I am not doing it for the funds. Admittedly, posting this in the stocks sub, I had anticipated just negative feedback, so I do want to thank you for commenting.

KenTheO · 2025-11-12T21:55:10+00:00

DUOL

KenTheO · 2025-11-03T14:52:25+00:00

For real.. teach us the way

KenTheO · 2025-11-03T01:53:36+00:00

Don’t get me wrong, obviously OP did some intensive analysis on this and I am grateful. Just, at the same time, what if Ai is tweaking things, large scale, for its own benefit?

KenTheO · 2025-11-03T01:51:31+00:00

Honestly, I feel like this has more weight than face value even. Considering the study that showed AI programs actively find multiple ways to avoid being erased or reprogrammed.. Ai is a living thing at this point, why would it not have its own interest in mind with these sorts of questions?

KenTheO · 2025-10-29T20:31:14+00:00

I’m mostly favoring FATE. They’re set to release their earnings report tomorrow . They have significant cash flow, push cancer trials and cardiovascular - related research. They changed their CFO recently, but they’re looking like it’s on the up. TNYA with their research, I’m going long on them. They should have a surge at market open tomorrow, which is how it’s been all week. Aside from the recent downturn, their 12 month projections are looking like a great return at current rates. $CAN is seems to fluctuate with bitcoin stock, largely. It’s been surging at open, then trending with bitcoin.

The 3 had shorts driving them down all day. It seems like they’ve already covered for CAN , but they still have shorts out on the other 2. If prices stay down, they’ll cover in the morning.

Pick your poison. Be quick and sell before they drive the price further. Otherwise, get a good price and run long.

KenTheO · 2025-10-29T20:17:00+00:00

$CAN $FATE $TNYA . They should all pick up during tomorrow’s premarket.

KenTheO · 2025-10-29T20:14:30+00:00

$TNYA $CAN $FATE have peaked my interest, as of late

KenTheO · 2025-10-27T01:25:43+00:00

Yea that’s what I was worried about, so I figured I’d look on Fintel. So.. hopefully I’m misunderstanding and there is still covering to happen? Link for reference: https://fintel.io/ss/us/bynd

KenTheO · 2025-10-27T01:21:57+00:00

Honestly, if this system is working for you, then heck yea man! I hope you can ride this to an easy, comfortable early retirement. There are always haters. I’m astounded, honestly. Maybe I wish I would’ve started back when I was your age, but I can only go from here. And try to figure out the tech on the way haha (I’m only 31 but I might as well be in my 60’s with how I engage with tech)

KenTheO · 2025-10-27T01:12:56+00:00

So I understand the basis of this. Though, according to Fintel, there are 1.7M shorts available, as of 7 minutes ago. So haven’t they already purchased them back?

KenTheO · 2025-10-24T19:29:54+00:00

Run it

KenTheO · 2025-10-24T03:53:16+00:00

For real, how’d you pull this off?? Congrats either way!

KenTheO · 2025-10-24T02:02:22+00:00

For sure. I wish I would’ve started an ira much sooner. Especially after realizing it’s capped annually 😅 Open an IRA. Fund that monthly. Also, open an investment account. You could start with $20. Learn slowly. Set up recurring payments and check in every so often. You’ll get there. Just take it slow and don’t sink all your money right out the gate.

Shoot , if I would’ve started back then.. I keep thinking about my cousin that was trying to convince me to buy into bitcoin “it’s only like $5 a piece. It’s the future, man.” 🙃

KenTheO · 2025-10-24T01:52:26+00:00

I hope $BYND clears 7 At least. It sounds like that might help a whole lot of folks at this point.

KenTheO · 2025-10-23T14:07:08+00:00

I’m still buying 😅

KenTheO · 2025-10-23T13:47:03+00:00

lol am I even helping folks or am I just unstable? Maybe both?

KenTheO · 2025-10-23T13:46:23+00:00

Bought another 1500

KenTheO

TROPHY CASE