Investing General Discussion

Locnar · Mar 2, 2021

Aevian said:
I'm not sure what you mean by a separate personal tax account that's not tax-advantaged? I just have my employer 401k that I'm maxing out, then looking to max out a new HSA. I won't have a separate IRA or anything like that.

I mean after your max out your 401k and HSA (and Roth), if you happened to have another account for your left over money you invest.

Sanrith Descartes · Mar 2, 2021

Aevian · Mar 2, 2021

Fogel said:
Maybe your 401k subsidizes the expense ratio a bit, even then .40 is quite high. What other index's do they have available?

Under large company they have JPMLCGCFA I mentioned previously, ISLCV, CMCW2, CMDVQ. Small/mid company they have DEVIX, LSCGTD, SSCM7IN. A couple of international ones, company stock, and then your targeted date ones.

Sanrith Descartes · Mar 2, 2021

The sucky part of yesterday being a 3% up day is that the odds of finding anything to buy on a 1% down day are slim.

Aevian · Mar 2, 2021

Locnar said:
I mean after your max out your 401k and HSA (and Roth), if you happened to have another account for your left over money you invest.

No other accounts. I maxed out my employer match for my 401k, and then the HSA. I am not a position where I feel comfortable go up to the max IRS limit on the 401k and haven't setup a separate IRA or anything.

I had a for fun account on RH for trading but got out completely after the limitations on trading. But looking to use possibly some self-directed things with my new setup.

Kiroy · Mar 2, 2021

Aevian said:
No other accounts. I maxed out my employer match for my 401k, and then the HSA. I am not a position where I feel comfortable go up to the max IRS limit on the 401k and haven't setup a separate IRA or anything.

I had a for fun account on RH for trading but got out completely after the limitations on trading. But looking to use possibly some self-directed things with my new setup.

you can have a pre tax personal ira (separate from employment) which you can through an extra 5500 in every year

Sanrith Descartes · Mar 2, 2021

Unless there is a good reason (specifically employer 401k has shitty options), maxing out the 401k to 19,500 (or whatever the current max is) is probably the #1 first step to setting up your accounts. The IRA can be hit with AGI limits that might detract form your ability to deduct contributions from your taxes. The 401k is not AGI limited.

Sanrith Descartes · Mar 2, 2021

Also we dont discuss it much, but if you have a business you own you can set up a SEP (Self-Employed Pension) and contribute there and deduct it form the income of your business. Even if you have a job, set up a some sort of side business and use it as a vehicle to put more retirement money away.

Araysar · Mar 2, 2021

For anyone holding SENS. They dropped from a high of $5.56 to $3.27 in last 2 weeks

Sensionics Awarded U.S. Patent 10,932,703 'Integrated optical filter system with low sensitivity to high angle of incidence light for an analyte sensor'

This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that...

www.benzinga.com

Sanrith Descartes · Mar 2, 2021

Hateyou · Mar 2, 2021

Sanrith Descartes said:

Sanrith Descartes · Mar 2, 2021

Hateyou said:

Hindenburg is usually pretty spot on.

Rais · Mar 2, 2021

Does that mean to buy it?

Locnar · Mar 2, 2021

Sanrith Descartes said:
Hindenburg is usually pretty spot on.

I bought some of this premarket monday after the hitpiece I think when it was low. I got up past 8 today, its above 7 afterhours despite Hindenburg (or should I say Shitinberg muhahaha) putting out a 2nd article trying to tank it.

In other news UWMC broke 10

Aevian · Mar 2, 2021

Sanrith Descartes said:
Unless there is a good reason (specifically employer 401k has shitty options), maxing out the 401k to 19,500 (or whatever the current max is) is probably the #1 first step to setting up your accounts. The IRA can be hit with AGI limits that might detract form your ability to deduct contributions from your taxes. The 401k is not AGI limited.

Not at a point where I am able to max out the 401k to the max yet based on my lifestyle. Need to make some adjustments to get to that. Was more curious as to what elections would be better than just the basic targeted fund that Charles Schwab has set as default.

Moglyzoke Moogleman · Mar 3, 2021

Gamble of the day is KMPH. Get a pre market dip (if it happens.) FDA approval yesterday evening and conference call for 830am. Low float. I didnt take pre market profits cuz market opening looks spicy as hell.

Invest with your own risk etc etc.

swayze22 · Mar 3, 2021

Moglyzoke Moogleman said:
Gamble of the day is KMPH. Get a pre market dip (if it happens.) FDA approval yesterday evening and conference call for 830am. Low float. I didnt take pre market profits cuz market opening looks spicy as hell.

Invest with your own risk etc etc.

good luck !

Fogel · Mar 3, 2021

Would have had better luck if you bought it after my post on Friday for 9.50. Need to get bio's before the FDA announcements

Arden · Mar 3, 2021

Locnar said:
I bought some of this premarket monday after the hitpiece I think when it was low. I got up past 8 today, its above 7 afterhours despite Hindenburg (or should I say Shitinberg muhahaha) putting out a 2nd article trying to tank it.

In other news UWMC broke 10

Did you already go in, or are you planning to go in, on UWMC? Contemplating jumping in if it dips an hour or two after opening.

swayze22 · Mar 3, 2021

Fogel said:
Would have had better luck if you bought it after my post on Friday for 9.50. Need to get bio's before the FDA announcements

that's why I didnt buy this morning, i've been burnt too many times reacting to news and not already having a position prior to news.

I guess I should hang around more on Fridays, usually i screw off all day. you called KMPH to a T, we'll see how it shakes out.

Fogel said:
Check out KMPH, they have a big FDA approval looming on 3/2 combined with a large short interest, could be the perfect storm of short squeeze plus FDA approval. I already have some myself. Also, its been flat/green through most of this decline. Can sell Mar 19 22.5 covered calls for .50 too

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