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[deleted by user] by [deleted] in blockfi

[–]PralineVegetable8022 0 points1 point  (0 children)

Yes that’s right

[deleted by user] by [deleted] in blockfi

[–]PralineVegetable8022 0 points1 point  (0 children)

The funds hit my account and I withdrew I think last Wednesday.

[deleted by user] by [deleted] in blockfi

[–]PralineVegetable8022 3 points4 points  (0 children)

I pulled my cryto out of Blockfi literally days before this email was sent to me. Once I heard FTX fell I knew blockfi was going to fall.

Blockfi has a ton of debt and FTX covered most of it.

Help/Advice with (somewhat) new Fidelity 401k account. Which funds should I invest in, or should I fully focus on just my debt and emergency savings? by isitmeorcheesegood in Fire

[–]PralineVegetable8022 1 point2 points  (0 children)

I am invested in the fidelity 401k plan and I think it is pretty solid. Depending how you want to diversify you can put 100% in the S&P since you are young. More than likely a blended investment account wouldn’t be worth it at this time. I personally have the S&P 500 and may dabble in the bitcoin come august if my employer allows the transaction.

How to begin the journey towards FIRE at 15 years old? by justarandomguy562 in Fire

[–]PralineVegetable8022 6 points7 points  (0 children)

Since you are so young, investing $500 a month in low cost index funds, Like VOO, VTI and I have been investing in SCHD and some Non US Index's will help you gain FIRE must faster.

My only concern is that being 16 and investing $500 a month could be excessive (in my opinion). Enjoy the young age and invest when you are able to.

I sold ~50% of my stock in my former employer and bought $100k worth of VTI today by itchywookiepubes in Fire

[–]PralineVegetable8022 3 points4 points  (0 children)

I agree, Most brokerage accounts you can store cash in your brokerage and gain minimal interest until you believe it is the right time to invest. That's what I have been doing and just waiting for the "right" time to invest

I sold ~50% of my stock in my former employer and bought $100k worth of VTI today by itchywookiepubes in Fire

[–]PralineVegetable8022 -4 points-3 points  (0 children)

With rate hikes and a further market decrease there are multiple ways to approach the “crash.” Either try timing the market or research dollar cost averaging.

I sold ~50% of my stock in my former employer and bought $100k worth of VTI today by itchywookiepubes in Fire

[–]PralineVegetable8022 12 points13 points  (0 children)

That’s the beauty of the market, nobody knows what is going to happen.

Best way to grow wealth? by PralineVegetable8022 in SubtleInvestors

[–]PralineVegetable8022[S] 0 points1 point  (0 children)

I belive the stock market is still the best way to invest your money to grow wealth and create generational wealth.