Originally Posted by philfree:
So I bought stocks after the market crashed from covid and have pretty much doubled my money. With a Biden administration and a Dem win in GA the capital gains tax is guaranteed to go up. It will probably double or more. Also the Dem win in GA will probably cause a sell off. That scenario along with the fact that I probably won't be able to duplicate that investment performance anytime soon gives me pause. So with all that I'm thinking about selling all my stocks before Jan. 1 2021. Which is like today.
Is that the right move or would it be a **** up?
I've mentioned this before but a trailing stop loss % is the way to go. If stocks keep going up, ride the gains. If it tanks, the stop loss will auto sell. It may dip so fast that it sells lower than you thought but it will save your butt. [Reply]
Originally Posted by wutamess:
Correction: 10% so far. (2 days)
I almost posted yesterday that you have amazing timing. I was wondering why China stocks soared the last couple days. Seems it must have been this from overnight
Originally Posted by :
China and the European Commission announced Wednesday that the two sides finished talks around a “Comprehensive Agreement on Investment” that gives each region’s businesses more access to the other’s market.
Just been maxing the Roth IRA each year. Anyone own rental houses? Are you getting a higher return from your rental(s) than an average year of the S&P 500 returns (9%)?
What's your Roth IRA through? Vanguard? My annualized returns shows 10.7% which is disappointing to your 30% but I also have 10% bond and some international stocks. Thinking I may just switch over to Vanguard and do the S&P 500 though. [Reply]
Originally Posted by Hog's Gone Fishin:
I'm gonna start with $1000 for this and go with 3 stocks. What 3 stocks would you choose?
So did you follow the 100K challenge in 20?
I looked through some of his videos and he keeps talking about keeping adding money throughout the year, which is a good strategy. But I'd like to see an accounting of his returns. Obviously he got to 100K - winning the challenge, but if he added 90K of additional capital, that's no real accomplishment.
Originally Posted by lewdog:
Lol at this guy claiming many of those are going to double. Just random claims, no reason.
He has reasons for all his plays , he just doesn't make hour long videos explaining himself. He'll tell you every play doesn't work out but he seems to have a pretty solid track record going on. Nobody bats 100%.
Originally Posted by Buehler445:
So did you follow the 100K challenge in 20?
I looked through some of his videos and he keeps talking about keeping adding money throughout the year, which is a good strategy. But I'd like to see an accounting of his returns. Obviously he got to 100K - winning the challenge, but if he added 90K of additional capital, that's no real accomplishment.
Is there an accounting of his challenge?
Not that I'm aware of, I think he said he started with $500 or maybe it was $1000 last year and then free stocks for joining Robin hood and then he added $500 twice a month until the account got rolling. At the end he was at $108,000 on a Friday and then on Monday he was at $118,000 and I was like OK, that aint right. But then he said he added 10K to start the Dividend portfolio for 2021.
I only started following him the last couple months and bought a few of his plays that did good and a couple that went nowhere like HOME and sold them after a month because I have stock ADHD.
I gotta say , between following Larry, Moe and Curly (Chris) I've had my best year ever. But the profits I did take this year I've just rolled into ARK funds so I don't have to worry about that money.
I'm still curious about what makes dividend stocks so attractive even with a 7% dividend. The dividend stocks seem to just trade sideways, so why not put that money in growth stocks. I mean 15-20% is easy now days. I guess if you want to keep like an emergency fund then a dividend fund could replace a savings account that pays 0.5%. Still learning . [Reply]