Money Investing megathread extravaganza - Page 874

**DaFace** · 06:35 PM

A place to talk about investing stuff.

scho63 · 10-13-2022, 08:15 AM

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.

scho63 · 10-13-2022, 08:19 AM

Also buy TLRY and thank me later for 5xs or more your money in 2-3 years

**Rain Man** · 10-13-2022, 09:54 AM

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.

scho63 · 10-13-2022, 10:17 AM

Quote:

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

**Rain Man** · 10-13-2022, 10:47 AM

Quote:

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

scho63 · 10-13-2022, 10:50 AM

The VIX has been above 30, which is a lot of volatility

Hog's Gone Fishin · 10-13-2022, 10:57 AM

Bitcoin was down to the 18,200 markish and now back up 1000 points from there

markdis · 10-14-2022, 02:18 PM

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.

Hog's Gone Fishin · 10-14-2022, 05:52 PM

Quote:

Originally Posted by markdis

Anyone other crypto , which worth attention?

**lewdog** · 10-17-2022, 08:56 PM

Quote:

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.

**Buehler445** · 10-17-2022, 09:04 PM

Quote:

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?

**lewdog** · 10-17-2022, 09:07 PM

Quote:

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.

**Buehler445** · 10-17-2022, 09:08 PM

Quote:

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.

ChiefChoop · 10-17-2022, 09:17 PM

Quote:

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?

**Buehler445** · 10-17-2022, 09:21 PM

Quote:

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

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $6899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,565

10-13-2022, 08:15 AM	#13096
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $751110	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. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,980

10-13-2022, 08:19 AM	#13097
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $751110	Also buy TLRY and thank me later for 5xs or more your money in 2-3 years __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,980

10-13-2022, 09:54 AM	#13098
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $1298491 VARSITY	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. __________________ Active fan of the greatest team in NFL history.
Posts: 143,251

10-13-2022, 10:50 AM	#13101
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $751110	The VIX has been above 30, which is a lot of volatility __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,980

10-13-2022, 10:57 AM	#13102
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-179523	Bitcoin was down to the 18,200 markish and now back up 1000 points from there
Posts: 40,651

10-14-2022, 02:18 PM	#13103
markdis Banned Join Date: Mar 2022 Casino cash: $-269500	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. Last edited by markdis; 10-18-2022 at 01:51 PM..
Posts: 73