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07-27-2021, 11:41 AM | #10816 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1900
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Posts: 46,146
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07-27-2021, 11:45 AM | #10817 |
Why so serious?
Join Date: Dec 2016
Location: Chicago
Casino cash: $510415
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Yes, the correlation between some Chinese indices that have been getting bludgeoned and the TSLAs of the world is uncomfortably high (think 65-75%). There’s no doubt some general derisking going on right now and that will hit all correlated exposures.
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Posts: 12,759
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07-27-2021, 12:47 PM | #10818 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-121532
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Quote:
Not a bad day to sell some. Seems like more downside risk than upside holding to me after a really good run up. |
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Posts: 6,454
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07-27-2021, 01:15 PM | #10819 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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You're two weeks too late - nice timing.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,827
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07-27-2021, 01:22 PM | #10820 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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IQIYI!
Buying opportunity!
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Chiefs game films |
Posts: 288,676
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07-27-2021, 03:01 PM | #10821 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7224386
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I know this is a dumb question and probably already covered to death in this thread but,
I just opened up a Roth IRA for the first time through Fidelity and deposited $500. Do I have to do anything for it to grow once the funds clear from my checking account? Like do I need to choose what the money I contribute is invested in or does Fidelity handle that for me while I just collect dividends? I plan on adding $500/month for the rest of the year then continue that next year to meet the $6000 contribution limit for 2022. |
Posts: 11,434
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07-27-2021, 03:04 PM | #10822 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $96899
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Quote:
Regardless, note that you'll need to do it each time you make a deposit. That can be a pain, but if you get on a schedule, I'd guess you can set up automatic deposits and automatic buys. Fidelity can probably help you figure out the best way to do it to meet your needs. Do be aware that Roths are capped at $6k per year, so don't go too nuts. |
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Posts: 52,538
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07-27-2021, 03:09 PM | #10823 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7224386
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Posts: 11,434
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07-27-2021, 03:10 PM | #10824 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $96899
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Posts: 52,538
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07-27-2021, 03:24 PM | #10825 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1900
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Quote:
FNILX large cap FZROX total market FZIPX small/mid cap If not they have plenty of low cost mutual funds that a very good. |
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Posts: 46,146
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07-27-2021, 03:25 PM | #10826 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7224386
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Quote:
I'm actually going to be fairly conservative with this since its for retirement. Any index fund recommendations? My 401k is 100% in AGTHX, is that considered an index fund? And if so should I make my Roth investments something different for better diversity? |
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Posts: 11,434
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07-27-2021, 03:28 PM | #10827 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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I have:
VFIAX VANGUARD 500 INDEX ADMIRAL
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Chiefs game films |
Posts: 288,676
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07-27-2021, 03:28 PM | #10828 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7224386
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Quote:
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07-27-2021, 03:31 PM | #10829 |
MVP
Join Date: Mar 2019
Location: KC
Casino cash: $3500400
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Didi tipped me off a earlier in the month that the Chinese were doing the gestapo move on them.
As soon as they went public within days they doing a crack down. https://fortune.com/2021/07/09/didi-...eet-investors/ |
Posts: 7,591
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07-28-2021, 07:44 AM | #10830 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7224386
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Tilray holy shit
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Posts: 11,434
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