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#7006 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $-1311804
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Fidelity opened up 2 new ETF's this week. FMAG and FGRO. I've been looking for a little more flavor in my usual etf's of Vanguard and ARK. They are both around 20 each so I picked up some of both.
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Posts: 1,664
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#7007 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1419523
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Posts: 40,646
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#7008 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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DOCU DDD RMBS MU CMG TSLA Z AMD LULU NVDA T TSN V The bottom three are the laggards.
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Posts: 16,098
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#7009 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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I believe I need to wait till I've held them for over a year to avoid paying the short term capital gains tax. There's less than two months to go so I'm going to try and hang on till then. If the market takes a big hit from another event like the pandemic then I may just double down because as long as interest is kept so low it will bounce back pretty fast I think. I think!?
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Posts: 16,098
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#7010 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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Without the three laggards I'm probably close to that. Good job though. Just don't forget to pay your short term capital gains taxes.
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Posts: 16,098
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#7011 |
In Search of a Life
Join Date: Jan 2010
Location: L.A.
Casino cash: $-565716
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I do all my crazy stuff in my IRA so I won't have to worry about that. I do the really crazy stuff in the small Roth I have. Trying to run that up to 6-figures tax free.
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Posts: 28,351
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#7012 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1355266
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Quote:
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Posts: 59,928
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#7013 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
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Posts: 53,803
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#7014 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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I'm no pro at this so for transparency's sake I don't know what you mean. Take profit or double up?
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Posts: 16,098
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#7015 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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#7016 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1355266
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Posts: 59,928
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#7017 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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Long term the market always goes up so double up? Is that what you're saying?
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Posts: 16,098
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#7018 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
Age is a consideration as well. Younger = more aggressive. Older - safer. You can see that in those year of retirement funds your 401K probably offers. |
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Posts: 53,803
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#7019 | |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1973802
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Quote:
I'll be 60 in August so I need a good strong 5 years of growth. In my 401k I just go down the middle on aggressiveness.
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Posts: 16,098
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#7020 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
Last edited by eDave; 02-06-2021 at 12:24 AM.. |
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Posts: 53,803
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