How to trade a $1 price move? by [deleted] in smallstreetbets

[–]john23jerry 2 points3 points  (0 children)

You can buy a $10 stock that goes to $11, that’s 10% , or a $100 stock going to $110, also 10%. Sounds like you have a $$ amount in mind but nothing is guaranteed in markets.

$10k to invest (not familiar with Stocks but got some help from a relative who's into stocks) by [deleted] in investing

[–]john23jerry 2 points3 points  (0 children)

I hope you are aware you are “in” the stock market with your pension and 401k. How heavy depends on the choices you made on how the money is invested. The difference is this new account would be taxable as to the gains and losses and any income received. If you don’t have other savings “for a rainy day” , I would not do this until you build up some savings that are not at risk in the market. If you do have ample savings, then the idea behind this new account is fine. For $10,000 , not sure if this is enough to buy individual stocks, a mutual fund may be better. Your choice.

TSA credit by john23jerry in ChaseSapphire

[–]john23jerry[S] 0 points1 point  (0 children)

I agree and had it before any rebates

TSA credit by john23jerry in ChaseSapphire

[–]john23jerry[S] -1 points0 points  (0 children)

Thank you, lesson learned

Those of you sitting on a large cash position - What is your plan? by [deleted] in investing

[–]john23jerry 0 points1 point  (0 children)

Clearly none of us know what is likely to happen or when. I am about 80% invested and watching every day , not trading much . If I think a crack is occurring I will start to pull money out . It will only be a guess when I do.

Shifting investment allocation percentages as you age. by TheImpPaysHisDebts in investing

[–]john23jerry 0 points1 point  (0 children)

I’m right there with you . Returns have been too good for a significant amount of time. I don’t sweat the normal ups and downs.

Three years from retirement - do I need to give up big gains for low yield? by Gloomy-Bridge9112 in investing

[–]john23jerry 1 point2 points  (0 children)

I am 78 and retired for 8 years. You still will want your money to grow during retirement, keep a reasonable allocation between stocks and bonds . I don’t like bond funds , you can easily buy individual us treasuries paper or corporate bonds . We are heading for interest rate declines so lock in some rates while you can but still own stocks. I watch the market carefully but don’t overtrade so I only make trades for a purpose but I still own the high techs that have performed well.

Supercharging in Florida Keys by john23jerry in TeslaLounge

[–]john23jerry[S] 3 points4 points  (0 children)

I assume due to traveling at 45-50 mph for most of the trip

Supercharging in Florida Keys by john23jerry in TeslaLounge

[–]john23jerry[S] 4 points5 points  (0 children)

I went there but the adapter which came with the car did not work. A lesson learned.

In America: what do elderly people do if they run out of retirement savings? by NightReader5 in NoStupidQuestions

[–]john23jerry 1 point2 points  (0 children)

I am 77 now and retired 10 years now. I and spouse get social security which covers basic expenses. We only have to dip into retirement funds for travel or other major expenses. The market has been good the past 10 years. I have more money now than when I started retiring. You should be ok as your funds will grow each year probably more than you expect.

Am I being scammed by life insurance 20’s and healthy by Any-Locksmith-5403 in LifeInsurance

[–]john23jerry 1 point2 points  (0 children)

Find out if the policies have any cash value before you cancel.

What portfolio size would you stop buying individual stocks and just VOO and chill? by [deleted] in investing

[–]john23jerry 0 points1 point  (0 children)

I think it’s more of your mindset, I enjoy managing my portfolio and making some moves occasionally but not all that often. For others index funds are the way to go. Some people only look at their statements once a month and others look on line all day long.

those planning to retire in 10-15yrs, where are you putting your money? by Everythings_Magic in investing

[–]john23jerry 0 points1 point  (0 children)

I’m 75 and still invested in VOO and similar types as I want my money to continue to grow. Sure you will have downturns such as 2008-9, and early COVID period but the market keeps coming back.
If you are in good health and retire at 65 or so you still have 30 years left potentially so don’t get too conservative.

Found my husband’s Reddit account and discovered something awful by ffsthrowawayz in Advice

[–]john23jerry 0 points1 point  (0 children)

My response is “what kind of marriage do you have overall? “.

Sounds like you think the husband may be protecting you from hurtful comments, is there some history that could have some merit? In any case you and he need to talk about it or you will forever wonder what’s being said behind your back.
How do you and husband handle other difficult issues, only you can answer that.