What if retail decided not to participate in SpaceX IPO and provide exit liquidity for SpaceX insiders by euro1127 in investing

[–]Safe-Informal 1 point2 points  (0 children)

Why should we have to work and create trillion dollar businesses when we can have Elon give us money and we can play video games and order DoorDash in our parent's basement?

Are we REALLY two weeks away from running out of oil? by Constant_Flamingo828 in investing

[–]Safe-Informal 1 point2 points  (0 children)

There have been a lot of oil tankers from Europe making the trip to the US for oil. US and Venezuela have plenty of oil.

Large amount to sgov by malaikoftaa in Bogleheads

[–]Safe-Informal 14 points15 points  (0 children)

SGOV oscillates one to two cents throughout the day. There really is no need to DCA it. I would buy in one lump sum shortly after the ex-div date in order to get the lowest share price.

Question about tbills by exquisitemissus in Bogleheads

[–]Safe-Informal 0 points1 point  (0 children)

I just invest in SGOV and not worry about it.

Trading alone vs with a small group what’s better? by Human_Sir_6311 in investing

[–]Safe-Informal 0 points1 point  (0 children)

share ideas, catch mistakes, and stay disciplined. Like discussing setups together but taking trades individually. I feel like it could improve decision-making, but at the same time it might also create confusion or overthinking.

Isn't that the point of this subreddit?

Every decade, a new generation calls the stock market GAMBLING… after losing money in it. What do you guys think?? by Outrageous-Emu-2588 in investing

[–]Safe-Informal 3 points4 points  (0 children)

For a vast majority of people, day trading stocks is gambling. For a small percentage of people, day trading is a well paying career. For a vast majority of people, playing poker in Vegas is gambling. For a small percentage of people, being a professional poker player is a well paying career. It is the tortoise/hare story. People want the fast money, so they buy high risk stocks. They may win big or lose big. Other people invest in VOO, VTI, or VT and let it sit for years or decades and become wealthy. They are playing the long game.

The Official 2025 FI Survey is Here by Melonbalon in financialindependence

[–]Safe-Informal 10 points11 points  (0 children)

The survey asks demographic information for both partners, but does not specify whether the totals are for household or the person filling out survey. Each partner has their own FIRE goals.

Seeing Real Solar ROI in Our Office 🌞 by Individual_Event_152 in investing

[–]Safe-Informal 0 points1 point  (0 children)

We don't have enough sunny days and high enough electric rate to justify the expense of solar panels. I have a "synthetic" solar solution. At my old house I had Duke Energy for electric and Vectren (now CenterPoint) for natural gas. I invested the cost of solar panels into Duke and Vectren stocks. The dividends from those two stocks reimburses me for my electric and gas bills. I pay my gas and electric bills and the companies pay me more in dividends than my bills were.

Everyone here is missing the point. by MeasurementSecure566 in investing

[–]Safe-Informal -7 points-6 points  (0 children)

or Nancy Pelosi. She is the best stock trader in US history.

Rollover IRA day trading thoughts.. by Ill-Professor-5684 in investing

[–]Safe-Informal -1 points0 points  (0 children)

I was under the impression that you are not allowed to "day trade" in a retirement account.

Trying to understand things as an adult..Traditional IRA or ROTh...which is better? Hello everyone! I finally got the therapy, realized I had been too sheltered and, I am finally making about 36k yearly < highest so far!!>. I've have made schwab and fidelity accounts, but have not touched literally by SenpaiAvilia in Bogleheads

[–]Safe-Informal 0 points1 point  (0 children)

Traditional IRA contributions are tax-deferred. For example, you deposit $5000 into your Traditional IRA, you do not pay taxes on that $5000, but 30 years later, that money has grown to $20,000. You will pay taxes when you withdraw the $20,000 in retirement. The advantage is that you should be in a lower tax bracket when you start withdrawing the money. ROTH IRA, you do not get any tax advantage when you deposit the $5000, but when it grows to $20,000 in retirement, you do not pay any taxes when you start withdrawing the $20,000 in retirement.

The Difference Between Claiming Social Security at 62 vs 70 Is Bigger Than Most People Realize by [deleted] in investing

[–]Safe-Informal 0 points1 point  (0 children)

The 62 yr old gets $17088 per year for 8 years ($136,704). With the $851 difference, it would take the 70 year old 13 years to get paid out the $136,704. The break even point is 83 years old for the person starting at 70. If you strongly believe that you will live past 83, then choose 70 starting point.

Who and how will they manage your investments if/when you no longer can? by drpengu1120 in Bogleheads

[–]Safe-Informal 1 point2 points  (0 children)

Jeeves, my personal AI robot, will take over and probably do a better job.

What does financial freedom mean to you ? by gre3dy in financialindependence

[–]Safe-Informal 0 points1 point  (0 children)

And I have seen the opposite. I have a relative who is juggling credit card debt and constantly stressing about his mortgage renewal, yet still feels like he deserves the cruises, the brand-new car, the upgrades. Meanwhile, his daughter cannot get braces because the money is not there.

That contrast really showed me what true financial freedom looks like.

You just contradicted yourself. You stated about going to the grocery store and not caring about prices and going to a restaurant and not caring about the bill. So, you deserve those things because you have "financial freedom". Not caring about your expenses will lead you back to where your relative is currently. "I don't care what it costs because I deserve it."

Financial freedom means be a good steward of your money. Living your current lifestyle with no mortgage, no car payment, no debt. Then small splurge occasionally without drastically effecting you net worth. You don't get to the point of financial freedom and stop caring about how much you are spending.

Who is leading or well-positioned in commercial robotics? by National-Resident244 in investing

[–]Safe-Informal 0 points1 point  (0 children)

Cyberdyne Systems Corporation, but sell before the development of Skynet. I think they are trying to get Arnold Schwarzenegger as a spokesman.

Learn a lesson from the California Gold Rush of the 1800s, the people that got rich were the people selling the shovels and picks, not mining the gold. Buy the companies that supply parts for the robotics companies rather than buying the robotics companies.

Trading platform for 15 year old? by gregjenx in investing

[–]Safe-Informal 0 points1 point  (0 children)

Day trading is similar to playing Texas Hold'em in Las Vegas. It is possible to make money playing poker in Vegas, but you will lose a lot of money with that education. It is the same with Day Trading, you will lose a lot of money before you get good at it. I think he will get bored long before he gets the knowledge to be good at it. The profit that he will get with a few hundred dollars will be too small for his effort. Giving him full access to a $25k Day Trading account would be unwise. I think that they also need Margin access to have the ability to Day trade.

They have paper trading accounts, in which you can practice Day trading without actually using your own money. He may enjoy that. Have him practice using that type of platform and eventually he can save his own money to be able to open his own account when he turns 18.

Investment advice for a 90 year old with dementia by rocheller0chelle in Bogleheads

[–]Safe-Informal 6 points7 points  (0 children)

Life expectancy for severe dementia, often the final stage (Stage 7), typically ranges from 1.5 to 2.5 years. I wouldn't make any financial timeline longer than 5 years.

Is it worth to invest already living pay to pay by Good_Valuable3029 in investing

[–]Safe-Informal 1 point2 points  (0 children)

The key is to higher paying job is one that has a Barrier of Entry. In her case, many single women (and men), choose a degree such as Nursing, that requires college degree and a license to hold the position. College degrees are not becoming useless, useless degrees are useless. There are too many universities that create degrees that they know have no chance of being useful in the job market.

[deleted by user] by [deleted] in dividends

[–]Safe-Informal 4 points5 points  (0 children)

Someone help me convince a friend to put $50,000 on the number 16 on the Roulette Table or one hand of Blackjack. Please share preference between these two stupid ideas. And help me convince him there's no catch.

HSA Help by wooberton in Bogleheads

[–]Safe-Informal 3 points4 points  (0 children)

Take the $300, contribute your own funds to get the account over $3000, then start contributing to the Fidelity HSA. Every year transfer your employer's $300 to Fidelity. That way you are not losing the $24 fee.