Yeah I sold mine because I am ignorant. I wanted to see I got my money back and I saw that you are paying 3 dollars to buy and sell. I still have money Etheruem. So I am learning. I want to try etrade to get used to it.
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One thing I like about Edward Jones is that I am less likely to go through the hassle of withdrawing because I would feel stupid. So I am less likely to take money out of a roth.
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Met with a financial advisor to talk about my 401k. I'm upping my contribution from 6% to 7 and most likely 8 next year.

Didn't realize that 43% of my 401k was in the company's stock and was actually down for the year.
I think I'm going to roll with a target date fund as it seems more conservative and better planned out. 53% is in that but I'm strongly considering adding far more than 53%.
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Being honest with TD Ameritrade makes things boring. Can't short anything and can't take options positions that aren't covered.
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Right. You should be able to do that no problem. They can't force you to put 401k into company stock. You can thank Enron for the regulations.

I wouldn't do more than 10. They had that at Cabela's when I was there and I figured if they were doing that well, I would be able to extract more money from them through payroll rather than 401k. Whether that's right or not, I don't know. They also had an ESPP that I could get stock at a discount, so I did do some of that.
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Target date funds are boring, but as long as they're managed reasonably well, they're a great option. For a while, I just did 100% in a target date fund and left it alone. In theory, that's how they're actually designed to work. If you have a portfolio where you have other stuff going on, it technically messes with your overall allocations. Not a big deal, but I wouldn't ever do like 25% in a target date and then a bunch of other stuff - it defeats the purpose.

Just make sure that the fees (expense ratios) are reasonable. You really shouldn't be paying more than 1% in fees, so if it's much higher than that, you might want to reconsider your options.
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I'm noticing the same thing.

I wrote them and they have a section where you can apply for higher tier status for options trading other than covered calls. Might require like $2k in a money market it looks like.
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No brokerage firm allows average investors to take unlimited loss positions with shorting stocks or naked call writing without substantial equity of usually $250,000.

Not unusual.
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I moved to all treasuries in my IRA

Market gonna correct big time


I'll go back in and buy your shares at a discount
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I wasn't looking to do anything crazy like that but simply place a long call on a stock. A few hundred dollars for the premium. Couldn't lose more than that so I'm not sure why that's not allowed?
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RJO does in the futures. They make margin calls.
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That's it. The world is coming to an end. We actually agree on something.
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The investor has some assets up as collateral such as a home or property. No one is going to let Average Joe get short and take a $500,000 loss with no ability to cover the margin call.
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You were just looking to buy a call? You normally have to file additional paperwork and show you are a sophisticated investor. Then they have to approve you.

If you own a stock and you want to write a covered call option against it, you usually need a margin account. Your position is protected as if your option was executed and called, you have the stock to hand over.
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Yeah. Maybe since mine are hedges they figure I have the physical grain to cover the position but my account doesn't have any physical collateralization on it.

Speaking of which, I just got my margin call. Yay!!
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