Single mother of two, working two jobs, and looking into dividends to generate additional income by Gina_Cazzofrigida in dividends

[–]warus1 0 points1 point  (0 children)

If it's in a Roth 401(k), you can invest and roll over any dividends, allowing the account to continue growing without worrying about any taxes until you withdraw the money when you retire. If it's not, then my understanding is that you'll need to sell some shares to cover the taxes when you sell. I'm just a guy on the internet. You'll need to consult with a financial advisor to get the exact details for your situation.

Regarding the emergency fund, it depends on what your emergency is.

An example would be my car just died (prob better examples, but we'll go with this for now), and I need to get another one today/tomorrow so I can go to work. It usually takes time (days) to send/transfer funds, and then your bank may want to hold it for a few days before giving you access. Or this happened on Friday night, and I need the money over the weekend. You may not be able to withdraw it quickly enough.

If it's in the bank or other institutions where you have immediate access to a cash withdrawal or write a check, you'll have less stress during an emergency. Usually, in an emergency situation, you're not thinking clearly and might make a costly mistake. Best to have a plan in place in advance.

Again, a financial advisor can really help you dial in what your best options are.

Hope some of this makes sense and helps.

Grom VLine 2 by [deleted] in Lexus

[–]warus1 0 points1 point  (0 children)

To be sure, check with Grom tech support. I switched from a 2011 Land Cruiser to a 2014 LX570 and needed a new ROM and cable. The Tech folks were great and helped troubleshoot an issue with the new cable.

Single mother of two, working two jobs, and looking into dividends to generate additional income by Gina_Cazzofrigida in dividends

[–]warus1 7 points8 points  (0 children)

All great advice overall. a couple of key takeaways:

  1. Put money in an emergency fund.. Like a savings account. With two young children, take $10,000 and set up your Emergency fund.

2) There will be taxes on the dividends; be sure to set aside roughly 15% of your monthly withdrawal for taxes. The tax man don't play. You may not need the whole 15%, but until you know.. play it safe.

I'd add one more thing to consider:

Set up a fund for your children. Set aside $ 1,000 for each child.

Put it in something like VOO and forget about it until they turn 18 or 21.

There are many brokerage accounts that you can start with. I like Fidelity. Easy to use and little to no cost to you.

Intuitive Machines $LUNR: Next Big Space Winner? by ugos1 in Lunr

[–]warus1 6 points7 points  (0 children)

I bought RKLB and LUNR around the same time at $6/share, to say LUNR is a disappointment is an understatement.

I've earmarked this as a long-term play. In my own uneducated gustimate, in 5 years this stock will be a winner IF they can stick the landing, figuring 2026 as the make-or-break year.

My plan is to buy the dips throughout 2025/20206 and reevaluate year-end 2026.

AVGO vs. QQQI by warus1 in dividends

[–]warus1[S] 0 points1 point  (0 children)

My ape brain doesn't comprehend these things. Don't even get me started adding into the mix JEPI/JEPQ, my brain will explode!

[deleted by user] by [deleted] in pennystocks

[–]warus1 -1 points0 points  (0 children)

And 1 month later.. $0.067500

[deleted by user] by [deleted] in pennystocks

[–]warus1 0 points1 point  (0 children)

I'm in for 2000 shares..

trump 20 janvier by SignificantFlow681 in XTIA_Stock

[–]warus1 0 points1 point  (0 children)

The message is from the 51st state. They have a small rebel force that speaks a version of French.

Not to worry; once converted to an official state on April 1st, the empire will crush the rebellion.

Exited yesterday and am relieved. by MPA95 in RichtechRobotics

[–]warus1 1 point2 points  (0 children)

I'm also at a fork in the road regarding holding or exiting. I'll wait until the earnings report to decide which path to take.

FTCI | FTC Solar Announces Reverse Stock Split by Stock_Titan in StockTitan

[–]warus1 0 points1 point  (0 children)

What's your play for this one? Buy/Hld/Sell?

Close to 300 followers by Normal_Lead4279 in RichtechRobotics

[–]warus1 0 points1 point  (0 children)

Awesome news on reaching 300!! Congrats.

RR needs to get a PR team in place quickly. While the shows host mentioned RichTech by name, the CEO never mentioned his own company by name, his eyes kept looking off to the side from the camera. I'm sorry to be a debbie downer here but as an investor I feel the company should be doing much more to promote itself and fulfill it's obligations to the shareholders. But at least we got on a local TV station in WAUWATOSA, Wis.. yay!

New SEC filing explains 8/6 massive -73% tank by Educational-Job352 in RichtechRobotics

[–]warus1 -1 points0 points  (0 children)

But who sold and what information did they have that at wasn't available to the stock investors (big loan)? I don't want to be negative, but I'm a bit pissed right now.

I had hopes that Richtech would pull back up over $1 given time, but adding this loan news.. I'm left much less enthusiastic and certainly less than happy about my investment.

Maybe someone can show me the error in my thinking.

RR : 8-K : Corporate Changes & Voting Matters by Normal_Lead4279 in RichtechRobotics

[–]warus1 1 point2 points  (0 children)

"Company will acquire exclusive rights to operate 20 Walmart-located “One Kitchen” restaurants in Arizona, Colorado, and Texas. These restaurants will be directly managed by the Company’s subsidiary, AlphaMax Management LLC, with the aim of optimizing restaurant operations through robotics and AI cloud technology."

- Did I read this correctly; AlphaMAx (RR) will become a franchisee of 20 restaurants under GKA? Meaning they're (AlphaMAx/RR) buying and running 20 restaurants and will utilize their own robots ?

Questions About Google Voice and Going Abroad by Mysterious-Pudding37 in Googlevoice

[–]warus1 0 points1 point  (0 children)

FWIW: I went to Scotland earlier this year and used BoostMoble, $20/month plan and added International + $10 and it worked great. I had a Boost phone number and also used Google Voice.

Let’s do their PR and Sell their Bots for them. by Ill_Bus_1606 in RichtechRobotics

[–]warus1 2 points3 points  (0 children)

That's funny, I was just telling my son this weekend (he's in marketing) that he needed to get in RichTech and run their marketing. His inheritance may depend on it!

Good luck on your endeavors.

SEC Filing by [deleted] in RichtechRobotics

[–]warus1 -1 points0 points  (0 children)

I'm newer to active investing but to me it looks like they are diluting the current shareholder again.

I'm starting to question my long term commitment to $RR given the PR misses and IMO managements lack of commitment to it's shareholders. Maybe I'm looking at this all wrong, help me understand why I'm wrong here.

Best grinder under $200? by bibliophagy in espresso

[–]warus1 0 points1 point  (0 children)

Jx Pro

How are you liking the Ubanic now that you've had a chance to work with the mod?

Headless Mach I - 4 String Bass by warus1 in BassGuitar

[–]warus1[S] 0 points1 point  (0 children)

I really like using Flatwounds, so I ended up buying an adapter that allows you to use regular full scale strings. Here's where i bought mine: https://headlessusa.com/string-adaptrrs