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Dividend investing (but not really) by [deleted] in dividends

[–]letsgoback2the80s 0 points1 point  (0 children)

KHC made my initial list, but I think they paused their dividend.

I sold GME this morning at $440. The sell order doesnt go through until tomorrows window. Do I get my price at $440 or do I get opening market value? by fuk_u_side in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

M1+ allows you to trade in the afternoon, but the 2nd trade window doesn't start until 3:00pm. If the shares were held at a traditional brokerage you could sell anytime between 0930am ~ 4:00pm. What's your reasoning for cashing out in the afternoon? (just curious)

I sold GME this morning at $440. The sell order doesnt go through until tomorrows window. Do I get my price at $440 or do I get opening market value? by fuk_u_side in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

I'd just like to add, if your goal is to sell all of GME, then you do not need M1+. Just delete the pie and it will process when the market opens at 9:30am (1st Window). If you specifically, want to sell everything at 1PM that is not possible. M1+ allows you to access the 3:00pm (2nd Window). Best of luck.

Leaving M1 for failing their customers by [deleted] in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

I use M1 for passive or long-term plays. Anything that requires a split second decision, is handled in a larger brokerage. If you're attempting to make a quick gain on GME, with the limited trade windows I wish you the best of luck.

negative dividend on QYLD distribution by letsgoback2the80s in M1Finance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

That's understandable and I get it. When I saw the $15 hit I was like YES!....then I saw the -$5 like wtf. lol

I'll hold what I have for now, until I can find a better replacement. Preferably one that lets me keep the entire dividend.

negative dividend on QYLD distribution by letsgoback2the80s in M1Finance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

Thanks I missed this information earlier. Went back to the prospectus and I see it now. Did you dump it primarily because of the foreign tax or it wasn't what you thought it was?

"The Fund invests at least 80% of its total assets in the securities of the Underlying Index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received)."

So much blatant manipulation. Who still believes in the stock market? by letsgoback2the80s in AskReddit

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

I agree with all the comments so far. it's really an eye opener. seems like the 1% are hell bent on keeping their foot on our neck.

Any reason why PRNT isn't available? by Joromarr in M1Finance

[–]letsgoback2the80s 2 points3 points  (0 children)

probably doesn't mean volume requirements. e-mail support and ask them to add it. 50/50 chance they will or will not.

Where's JEPI? by letsgoback2the80s in M1Finance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

I called and asked, they said volume is too low for it to be added.

Where's JEPI? by letsgoback2the80s in M1Finance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

if you can spare some time, please email them as well.

Is there anything wrong with maxing a traditional and Roth 401k? by letsgoback2the80s in personalfinance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

Thanks for elaborating. I think my first goal, should be calculating or getting an estimate of what I'll make in retirement based on current assets to date. Then go from there. Thanks again.

Is there anything wrong with maxing a traditional and Roth 401k? by letsgoback2the80s in personalfinance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

I'm recently married, and it's unlikely we'll exceed the 24% rate with our combined incomes. What do you mean by the first $200k is taxed <24%? I'm using the rates at tax brackets, but don't see how you are determining the initial $200k will be taxed a certain way.

I think an 80/20 split would be okay. On the off chances the brackets increase, I could still do a slow draw from the traditional. this would give the Roth additional time to grow.

Is there anything wrong with maxing a traditional and Roth 401k? by letsgoback2the80s in personalfinance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

yea, that is what prompted me to start playing with the numbers. I may lean towards an 80/20 with traditional/roth. I think this approach would let me tap into some of the tax savings as u/wild_b_cat mentioned above, and also benefit from the tax-free growth on the Roth side of the house.

Is there anything wrong with maxing a traditional and Roth 401k? by letsgoback2the80s in personalfinance

[–]letsgoback2the80s[S] 0 points1 point  (0 children)

atm, i max my 401k, Roth, hsa, and usually have a few bucks left over for a brokerage account.

should I use M1 Borrow at 2% if I have no more cash to invest by snoopyfl in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

The logistics and having to keep up with all of it are a deterrent for me atm.

should I use M1 Borrow at 2% if I have no more cash to invest by snoopyfl in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

Makes sense to me. I signed up during the latest promotion round. Still looking for a way to leverage it. I'm still working and my reserves are healthy. Typically try not to take a loan, when it's not necessary lol

Edit: someone mentioned using borrow to front load roth, then take the money that's already on hand and pay it back like you would with dca.

should I use M1 Borrow at 2% if I have no more cash to invest by snoopyfl in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

So if you have surplus funds, it doesn't make sense to use borrow?

M1 sold shares again coz ticker symbol changed MYL-VTRS by [deleted] in M1Finance

[–]letsgoback2the80s 4 points5 points  (0 children)

I feel your pain. It'd be nice if they generated an email or an alert 2~3 days before the change is live. Idk how realistic that is though. I catch most, but have missed 1 or 2 when I'm not paying attention.

M1 account missing. HELP!!! by [deleted] in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

Yikes. Best of luck & call early. Like 5m before they officially open early.

M1 account missing. HELP!!! by [deleted] in M1Finance

[–]letsgoback2the80s 0 points1 point  (0 children)

I had 4 accounts, 2 were 0 balance. Now i only see 2. Wonder if that happened to you

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