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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
scho63 08:15 AM 10-13-2022
PRO TIP:
Everyone should take a look at buying in the money calls FAR out dates on the BEST beaten down growth stocks.
AAPL, GOOGL, MSFT, NVDA, DIS, NFLX, AMZN, TSLA, HD, etc

You can put up a fraction of the cash and have 12-28 months to get gains, making 200-500% returns.

Or you can sell naked puts far below todays proces to take in cash BUT you have to have the cash equivalent to buy 100 shares at the strike price for each put sold naked.
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scho63 08:19 AM 10-13-2022
Also buy TLRY and thank me later for 5xs or more your money in 2-3 years
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Rain Man 09:54 AM 10-13-2022
Wow, what happened? The stock futures were up and then tanked horribly, and now two hours later the market is up nicely. I think I have whiplash.
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scho63 10:17 AM 10-13-2022
Originally Posted by Rain Man:
Wow, what happened? The stock futures were up and then tanked horribly, and now two hours later the market is up nicely. I think I have whiplash.
Stock futures were down about 100 points around 7am. Then England said they were killing the tax cuts that were stupid in the face of inflation and the futures rallied up 300 points, a 400 point swing.

Then the CPI came out and futures dropped 700 points in 3 minutes.

The market opened, sellers pounded the market.

Then people looked at a lot of the prices of stocks and realized they were so oversold and cheap they came in and bought the shit out of the market, rising from bottom to top about 1300 points from bottom to top!

A HUGE swing :-)
[Reply]
Rain Man 10:47 AM 10-13-2022
Originally Posted by scho63:
Stock futures were down about 100 points around 7am. Then England said they were killing the tax cuts that were stupid in the face of inflation and the futures rallied up 300 points, a 400 point swing.

Then the CPI came out and futures dropped 700 points in 3 minutes.

The market opened, sellers pounded the market.

Then people looked at a lot of the prices of stocks and realized they were so oversold and cheap they came in and bought the shit out of the market, rising from bottom to top about 1300 points from bottom to top!

A HUGE swing :-)

Wheeeeeee!

via GIPHY


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scho63 10:50 AM 10-13-2022
The VIX has been above 30, which is a lot of volatility
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Hog's Gone Fishin 10:57 AM 10-13-2022
Bitcoin was down to the 18,200 markish and now back up 1000 points from there
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markdis 02:18 PM 10-14-2022
Anyone other crypto , which worth attention?
For the post couple of years I am trying to find alternative income sources and that can be one of them if i do everything right.
The other direction i am looking at is this one. A friend of mine made already a decent profit after registering his online business in one of the European counties.
[Reply]
Hog's Gone Fishin 05:52 PM 10-14-2022
Originally Posted by markdis:
Anyone other crypto , which worth attention?


[Reply]
lewdog 08:56 PM 10-17-2022
Originally Posted by petegz28:
Roth 401 gives you 2 significant advantages...

1. You will not pay taxes on anything when you withdraw unlike a regular 401

2. After the account is open for 5 years you can withdraw up to the amount of principal without penalty prior to retirement. This is an added safety net feature if you ask me that you don't get from a regular 401....
I did know that but I didn't know this.

Another benefit of a Roth IRA....you aren't required to take minimum distributions like other retirement accounts at a certain age.

That's huge and I honestly had no idea.
[Reply]
Buehler445 09:04 PM 10-17-2022
Originally Posted by lewdog:
I did know that but I didn't know this.

Another benefit of a Roth IRA....you aren't required to take minimum distributions like other retirement accounts at a certain age.

That's huge and I honestly had no idea.
I didn't know that ether.

You get my last PM?
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lewdog 09:07 PM 10-17-2022
Originally Posted by Buehler445:
I didn't know that ether.

You get my last PM?
Yes I did. I really appreciate you working through that with me. Thank you very much. I'm going to do as you suggested.
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Buehler445 09:08 PM 10-17-2022
Originally Posted by lewdog:
Yes I did. I really appreciate you working through that with me. Thank you very much. I'm going to do as you suggested.
:-)

Get that bag son.
[Reply]
ChiefChoop 09:17 PM 10-17-2022
Originally Posted by lewdog:
I did know that but I didn't know this.

Another benefit of a Roth IRA....you aren't required to take minimum distributions like other retirement accounts at a certain age.

That's huge and I honestly had no idea.
The age for required minimum distribution is 72. You don't think you'd want to take the minimum out of it by age 72?
[Reply]
Buehler445 09:21 PM 10-17-2022
Originally Posted by ChiefChoop:
The age for required minimum distribution is 72. You don't think you'd want to take the minimum out of it by age 72?
Not if you have Lewdog money :-)
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