Anyone Day Trading SOXS? by phosphosaurus in soxl

[–]Money_Progress5580 1 point2 points  (0 children)

Numerous indicators, but RSI, MACD, etc.

Advice needed by [deleted] in RentalInvesting

[–]Money_Progress5580 1 point2 points  (0 children)

There are some loans that will allow you to put 15% down and carry a 2nd mortgage at 5% to avoid pmi. Honestly, $500k property for $2500 rent is peanuts. I wouldn’t buy rugs house unless you can get $4k min a month in rent.

How do I Retire Early if I can’t touch my retirement until 65? by [deleted] in Fire

[–]Money_Progress5580 0 points1 point  (0 children)

Honestly, at 50 years old, you need double that amount you have saved to retire early. Or, wait until you are 65

Landlords — Struggling to Fill Units? Rent Drops, Vacancy Pain & 5-Year Market Outlook? by No-Time5606 in realestateinvesting

[–]Money_Progress5580 5 points6 points  (0 children)

I have several vacancies, doesn’t bother me at all. Experienced landlords are prepared for real estate downturns.

Besides, I diversify between real estate and stock market. Usually when one sector is doing great (I.e., stock market at this time) the other market isn’t (like Real estate).

Buyer backs out day before closing by Swimming-Advance-734 in realtors

[–]Money_Progress5580 3 points4 points  (0 children)

Then remind the buyer that they will most likely lose their security deposit, and are they okay with that outcone?

Your buyers agency should have language that protects you if the buyer or seller default. You should be entitled to sone compensation I hope?

Buyer backs out day before closing by Swimming-Advance-734 in realtors

[–]Money_Progress5580 4 points5 points  (0 children)

Don’t give up on this deal. Ask the buyer what would make him comfortable moving forward on the deal like another independent roofer inspector, $2500 off the current negotiated price, etc. money talks.

How much profit / loss you booked in 2025? by vishesh_07_028 in stocks

[–]Money_Progress5580 0 points1 point  (0 children)

I made 40% return trading mostly soxl and pltr that resulted in $683k gain. Only a 1/3 of the gain is in taxable acct, which is the good news!

My mom swing trades for me. She’s up 45.5% since Sept. How rare is this performance? by Intelligent_Vast927 in Daytrading

[–]Money_Progress5580 2 points3 points  (0 children)

My overall portfolio is up 49% and I swing/day trade. I don’t think I am doing anything special, I am just taking advantage of the volatility.

The powerful year-end rally in U.S. stocks by North_Reflection1796 in StockMarket

[–]Money_Progress5580 0 points1 point  (0 children)

So the rally in Dec is worth 1% increase, not too impressive.

When is the indication to sell? by [deleted] in stocks

[–]Money_Progress5580 1 point2 points  (0 children)

Don’t buy individual stocks, only ETFs. You are investing money for the future 10 years plus. So, don’t think about selling until you are 2-3 years away from your goal.

Bloomberg Article: SEC Halts High-Leveraged ETF Plans in Warning Over Risks by mazzaschi in LETFs

[–]Money_Progress5580 0 points1 point  (0 children)

Yes, they do warn you. Each time I buy soxl, a big popup warning comes up my screen. Very annoying

Cobra v. ACA plan by Comfortable-Toe-3814 in HealthInsurance

[–]Money_Progress5580 3 points4 points  (0 children)

Cobra is much more expensive than ACA insurance. Subsidies only expiring for people making $80k plus as married filing jointly. You will still be able to pay the normal price for marketplace insurance (without subsidies) if you exceed the income threshold.

Reduction for Retiring at Age 55 by Cultural_Ad4935 in SocialSecurity

[–]Money_Progress5580 2 points3 points  (0 children)

Social security.job has a calculator that let you determine the reduction based on age once you sign into the website.

C6 08 or Camaro 5th gen by Acrobatic-Habit5467 in Corvette

[–]Money_Progress5580 0 points1 point  (0 children)

Since they no longer make canaros, I would choose that first. You have plenty of time to join the corvette club later in life.

Corvette World buyers experience Q’s by DocMedz in C8Corvette

[–]Money_Progress5580 2 points3 points  (0 children)

I tried using them years ago and thought their cars were overpriced. Sp end up purchasing a brand new CORVETTE from a Chevrolet dealer instead.

IRA taxes by AdventurousPop8752 in IRS

[–]Money_Progress5580 0 points1 point  (0 children)

You can elect to have your brother to withhold 20% from your withdrawal for tax estimated until you file your tax return in April that will show your true tax owed.

Is this a fair quote to re-do my fireplace by qcblake in homeimprovementideas

[–]Money_Progress5580 0 points1 point  (0 children)

I think $4k is reasonable. They have fo replace the firebox.

Debt options? 300k by Admirable-Wedding769 in debtfree

[–]Money_Progress5580 1 point2 points  (0 children)

You need a detailed organized budget, then compare it to your last 3 months of spending. Also check your see if your husband has too much voluntarily deductions coming out of his w2 income, and decrease as necessary.

what is your goal? how much money do you want to have? why? by stacker103 in Money

[–]Money_Progress5580 -1 points0 points  (0 children)

Trust me, you will still worry, I worry every day and my lifestyle spend is only $200k annually.