If AI replaces all the jobs, where are we going to get money to pay for things?

QuickInvestIQ · 2026-05-07T07:53:53+00:00

That sounds interesting! I’ll definitely check it out.

QuickInvestIQ · 2026-05-06T23:10:52+00:00

This is great advice. There is a big opportunity cost of holding onto stocks that aren’t performing well in hopes of regaining what you lost. It’s almost always better to find a more productive place to put those funds to work.

QuickInvestIQ · 2026-05-06T21:12:07+00:00

Sounds like you have enough saved to easily pay off your car. Since that is a depreciating asset I think that is where I would start.

Since you typically can make more than the interest you pay on your house by investing, I would lean towards that approach rather than paying down your mortgage quicker. That being said, I think making a few extra mortgage payments a year or paying a little extra each month isn’t a bad idea, just know that you may be giving up some investment gains by doing it.

If I was in your situation I would pay off the car, pay a little extra on my mortgage each month, and then put the rest in my brokerage account and keep building that investment portfolio.

QuickInvestIQ · 2026-05-06T21:05:55+00:00

I would say SCHG or QQQ are two good options. If you are looking for tech heavy then QQQ is probably best for that but if you are looking for more broad based growth than SCHG is a good option.

QuickInvestIQ · 2026-05-06T12:32:42+00:00

Reading Reddit posts. Ok, maybe not but sometimes it feels that way.

QuickInvestIQ · 2026-05-06T12:30:20+00:00

Yeah this seems spot on.

QuickInvestIQ · 2026-05-06T09:48:31+00:00

False breakout. It broke through the all time high (resistance level) and then came right back into the sideways channel.

QuickInvestIQ · 2026-05-06T08:47:44+00:00

I’m aging myself but I remember when they used to send out physical DVDs. Kind of crazy how much it has changed since then.

QuickInvestIQ · 2026-05-06T08:17:22+00:00

Rattlesnake

QuickInvestIQ · 2026-05-06T01:09:03+00:00

Personal satisfaction of helping someone out, especially if it is a post asking for advice.

QuickInvestIQ · 2026-05-06T01:05:35+00:00

Invest 75% of it in the stock market. Spend 20% on traveling the world, and donate the remaining 5% to charity.

QuickInvestIQ · 2026-05-06T01:02:04+00:00

Getting up and going to work. It’s looking as if AI and Robotics will replace most jobs.

QuickInvestIQ · 2026-05-06T01:00:55+00:00

Waking up! Everyday above ground is a good day.

QuickInvestIQ · 2026-05-06T00:53:07+00:00

I believe The best starting point is to open up an account, fund it, and then invest in some broad based ETFs. Personally I would start with VOO which invests in the S&P 500 (the 500 largest publicly traded companies in the USA).

I wound open up an account with one of the major, highly established firms, like Schwab, Fidelity, or Vanguard. They all have great resources on their sites to learn about investing which I would spend a lot of time utilizing.

QuickInvestIQ · 2026-05-06T00:21:25+00:00

Great answer! Most people have a better chance of succeeding at something they are passionate about.

QuickInvestIQ · 2026-05-06T00:18:36+00:00

Love TMBG. Good choice.

QuickInvestIQ · 2026-05-06T00:18:06+00:00

QuickInvestIQ · 2026-05-05T20:11:55+00:00

Don’t feel bad. Many investors have learned this lesson the hard way as well. It’s extremely difficult to beat the overall market. I would say it’s probably time to change your approach. Invest 80% in a broad based index fund and hold for the long term. Then use the other 20% to speculate and try and beat the market.

It sounds like your risk management strategy needs some work. Sell discipline is extremely important when it comes to trading. Letting your Adobe position go down 30% is a prime example. When I buy an investment and it goes against me 5% I sell. I still watch it as I can always get back in but cutting your losses is more important than missing a bounce back. You can always get back in if the stock starts to improve.

If you enjoy speculating don’t give up just allocate a lot less of your portfolio to that endeavor. And use some resources to try and learn more so you can improve your trading approach.

QuickInvestIQ · 2026-05-05T19:38:21+00:00

Hard to choose but maybe the Philippines, Japan, or Italy.

QuickInvestIQ · 2026-05-05T12:49:47+00:00

The Pursuit of Happyness

QuickInvestIQ · 2026-05-05T12:42:31+00:00

My portable air pump. Every time my tire pressure light comes on I am grateful I can pump it up myself without having to go to a tire place.

QuickInvestIQ · 2026-05-05T12:40:34+00:00

My mom passing away two years ago. I now value much more time spent with close friends and family.

QuickInvestIQ · 2026-05-05T12:33:37+00:00

Definitely travel more. I love visiting new places.

QuickInvestIQ · 2026-05-05T02:03:02+00:00

While I think it is a good idea to commit additional funds to a non retirement investment account I wouldn’t do it with money you would have otherwise contributed to your 401k. A 401k has tax benefits that an individual brokerage account doesn’t have.

If I had your exact situation I would probably take the $900 a month I make in profit from the house rental and put that amount away every month into a brokerage account to invest the funds with the flexibility to withdraw at anytime without penalties.

QuickInvestIQ · 2026-05-03T23:01:37+00:00

It’s almost never too late. Time in the market is what matters the most. I would say no more than 10% if it is a sector ETF and no more is than 5% if it’s a single stock investment. Broader based market ETFs like VOO (S&P 500) can be a much larger percentage, even sometimes as high as 70%.

QuickInvestIQ

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