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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 01-31-2021, 08:27 PM   #6931
wutamess wutamess is offline
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Link?

I found this https://www.fidelity.com/retirement-ira/roth-ira-kids

But the child still has to have earned income.
I knew I was treading lightly. That's true but the way I understood it was they don't have to file taxes so just keep records of the income they made.

Win-win for all.

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Old 02-01-2021, 06:20 AM   #6932
DaKCMan AP DaKCMan AP is offline
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Originally Posted by wutamess View Post
I knew I was treading lightly. That's true but the way I understood it was they don't have to file taxes so just keep records of the income they made.

Win-win for all.

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Correct that a dependent minor doesn't have to file taxes unless they earn more than 12.4k.

For those interested, allowance does not count as earned income. Earned income is defined by the IRS as money earned from a W-2 job, or from self-employment like babysitting.
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Old 02-01-2021, 08:52 AM   #6933
scho63 scho63 is offline
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Markets gonna roll over today
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Old 02-01-2021, 09:24 AM   #6934
lewdog lewdog is offline
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Markets gonna roll over today
Nah.

Hasn’t even tested 100 day MA yet.
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Old 02-01-2021, 09:38 AM   #6935
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Nah.

Hasn’t even tested 100 day MA yet.
I don't see it as a technical trading fail as much as too much fluff in the market.
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Old 02-01-2021, 09:57 AM   #6936
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Robinhood currently has a limit of 1 share of GME per account. I’m glad they opened up so much after yesterday.
when they say no one can by GME only sell, well who are they selling to? isn't the whole point that you have to find a buyer for your stock?

Are they just letting the gov/hedge funds be the only ones allowed to buy it back?

I didn't know u could only sell a stock if there was no one to buy it
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Old 02-01-2021, 01:35 PM   #6937
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After reading this article I sold about 2 percent of my Tesla holdings today. Fortunately, that's about 25 percent of my total cost for my holdings. Bwahahaha.

https://www.fool.com/investing/2021/...-selling-cars/
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Old 02-01-2021, 01:38 PM   #6938
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Originally Posted by lwardo9 View Post
when they say no one can by GME only sell, well who are they selling to? isn't the whole point that you have to find a buyer for your stock?

Are they just letting the gov/hedge funds be the only ones allowed to buy it back?

I didn't know u could only sell a stock if there was no one to buy it
People buy and sell stocks through many brokers other than Robinhood.
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Old 02-01-2021, 01:52 PM   #6939
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Anyone buying into the hippie stuff with dems taking over?

$TLRY?
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Old 02-01-2021, 01:55 PM   #6940
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Anyone buying into the hippie stuff with dems taking over?

$TLRY?
I'm going to make a play for SNDL soon if it dips again.
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Old 02-01-2021, 01:57 PM   #6941
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Anyone buying into the hippie stuff with dems taking over?

$TLRY?
You say that as if weed hasn't been getting legalized left and right through multiple administrations. As far as I can tell, pot is one of the few issues that isn't terribly politicized.
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Old 02-01-2021, 04:17 PM   #6942
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Great podcast on what's really going on with all this. Strassa was a big time poker pro, then moved into stonks.

Key Takeaways:

1) WSB hit the jackpot with GME shot squeeze. But with other stuff like NOK and AMC, WSB is losing because big hedge funds have been waiting forever to convert/sell.

2) Options are stupidly priced right now due to retail investors like WSB having no price sensitivity.
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Old 02-01-2021, 05:09 PM   #6943
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The SLV "short squeeze" fake news made up by lib media. Don't fall for it. SLV does look good long term though.
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Old 02-01-2021, 05:18 PM   #6944
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My finger is getting really twitchy regarding all of the veiled political references lately. Consider your posts accordingly.
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Old 02-01-2021, 05:22 PM   #6945
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Great podcast on what's really going on with all this. Strassa was a big time poker pro, then moved into stonks.

Key Takeaways:

1) WSB hit the jackpot with GME shot squeeze. But with other stuff like NOK and AMC, WSB is losing because big hedge funds have been waiting forever to convert/sell.

2) Options are stupidly priced right now due to retail investors like WSB having no price sensitivity.
I don't know for sure about stocks, but in the futures, options are strictly a function of volatility.

Let's be real here, those WSB jackasses are ****ing PSYCHOS. I'm going to guess the total volume of those jackasses is fairly low. Now, in their meme stocks, there is more volume, but on the whole, volatility is moving option prices, not WSB jackasses.
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