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02-20-2021, 06:48 AM | #7576 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
I also posted ARTL which I bought the day I posted here and sold the next day for 50% profit. /no big deal |
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Posts: 46,142
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02-20-2021, 07:41 AM | #7577 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Posts: 52,531
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02-20-2021, 07:43 AM | #7578 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
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Investing megathread extravaganza
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Posts: 18,467
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02-20-2021, 07:46 AM | #7579 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,142
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02-20-2021, 08:40 AM | #7580 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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This thread is actually better than WallStreetBets because they don't allow talk about SPACs and penny stocks. I've made more from using tips on those the last couple weeks than tips from there for three months. Should have started paying attention sooner.
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Posts: 11,434
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02-20-2021, 09:23 AM | #7581 |
MVP
Join Date: Mar 2019
Location: KC
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Posts: 7,584
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02-20-2021, 09:35 AM | #7582 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Im hoping some of you with more knowledge on the subject could explain this, as this is the first time I've ever invested in SPACs.
"Yahoo Finance Editor-in-Chief Andy Serwer recently explored the SPAC frenzy and cited Stanford Law Professor Michael Klausner's study “A Sober Look at SPACs,” which found, "SPAC investors that hold shares at the time of a SPAC’s merger see post-merger share prices drop on average by a third or more." https://finance.yahoo.com/news/why-s...192802863.html If this is true, wouldn't we be better off getting out of CCIV and FRX before the mergers? |
Posts: 11,434
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02-20-2021, 09:43 AM | #7583 |
Andy Reid Supporter
Join Date: Apr 2012
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This is critical for your retirement and it really doesn’t cost that much. It’s like that saying “the best time to plant a tree was 20 years ago, but the second best time is today.” Do it now bc time is what helps compound your money to grow.
Put as much in that bitch as you can afford to. It’s really one of the average Joe’s best vehicles to financial freedom. |
Posts: 48,373
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02-20-2021, 10:01 AM | #7584 | |
**** you, you cretin.
Join Date: Jan 2012
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Quote:
I put in 20% and my employer matches 6%. They’ll match 10% after 10 years of employment, I have 3 more years to go. |
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Posts: 30,143
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02-20-2021, 10:07 AM | #7585 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,648
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02-20-2021, 10:10 AM | #7586 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
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Posts: 18,467
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02-20-2021, 10:18 AM | #7587 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,648
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02-20-2021, 10:22 AM | #7588 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
My match sucks. Max is I put in 4% and they give me 1%. It’s pretty terrible. They pay me well and I get a decent amount of PTO though. There’s always trade offs. |
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Posts: 46,142
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02-20-2021, 10:27 AM | #7589 |
**** you, you cretin.
Join Date: Jan 2012
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I’m very fortunate to say the least. We also get a pension as well. I’m trying to put in as much as I can, looking to retire around 55ish, maybe earlier. Things also can change in our industry and taxes only go up.
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Posts: 30,143
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02-20-2021, 10:27 AM | #7590 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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RE: HSA investing. Does your HSA admin only let you invest in certain funds?
My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a reerun that can barely read. |
Posts: 35,476
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