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Blazin

Blazin

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Dont really care about the short term gyrations but I thought this was humorous. Just bought DOCU at $210 and one hour later it goes over $215
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Tmac

Tmac

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So, I just moved $6k into Vanguard to add to my Roth IRA (GWPCX) and when I went to add more it told me that I couldn't purchase that through Vanguard. WTF?

What do I need to do? Can I purchase a different one? Do I need to sell GWPCX and move $11k into a new Roth IRA? Any advice?
 
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Fogel

Fogel

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My advice would be to switch to fidelity, Vanguard's website and UI is ancient compared to it, and the rates aren't much better and in some case worse, and rates were the only reason to use Vanguard.
 
Blazin

Blazin

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Tmac said:
So, I just moved $6k into Vanguard to add to my Roth IRA (GWPCX) and when I went to add more it told me that I couldn't purchase that through Vanguard. WTF?

What do I need to do? Can I purchase a different one? Do I need to sell GWPCX and move $11k into a new Roth IRA? Any advice?
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American Funds is about the biggest rip off that still exists in the mutual fund market? What in the hell would you be in that for?

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Rajaah

Rajaah

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I'm trying to get rid of Stash as a trading platform because of the huge delays in getting funds back from them (usually takes me about 10 days to get paid after I sell something and cash out). They also made GME closing-only at the same time that Robinhood did (of course, Robinhood took like 100% of the blame from the media for some reason). All I've got left on Stash now is Palantir.

And speaking of Palantir, is this thing gonna be worthwhile any time soon? I've got $600 of it that's currently worth $510. It seems like it just hovers around there. I know a lot of people are buying into it. Assuming it's a long-term investment. I've got another $600 of it in another platform (that is currently worth $560) from buying on a dip (again, trying to get out of Stash) that I don't mind leaving alone for a while, but it'd be nice to see Palantir at least exceed my initial investment so I can get out of it on Stash.
 
Tmac

Tmac

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Blazin said:
American Funds is about the biggest rip off that still exists in the mutual fund market? What in the hell would you be in that for?

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No idea. Once upon a time I had a financial advisor and that's what he bought.

Now, I'm assuming I should sell the GWPCX and buy something different with my $10k ROTH money.
 
Tmac

Tmac

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Rajaah said:
I'm trying to get rid of Stash as a trading platform because of the huge delays in getting funds back from them (usually takes me about 10 days to get paid after I sell something and cash out). They also made GME closing-only at the same time that Robinhood did (of course, Robinhood took like 100% of the blame from the media for some reason). All I've got left on Stash now is Palantir.

And speaking of Palantir, is this thing gonna be worthwhile any time soon? I've got $600 of it that's currently worth $510. It seems like it just hovers around there. I know a lot of people are buying into it. Assuming it's a long-term investment. I've got another $600 of it in another platform (that is currently worth $560) from buying on a dip (again, trying to get out of Stash) that I don't mind leaving alone for a while, but it'd be nice to see Palantir at least exceed my initial investment so I can get out of it on Stash.
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People have been getting into it at +/- $20-$22.
 
Araysar

Loser Araysar

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Rajaah said:
I'm trying to get rid of Stash as a trading platform because of the huge delays in getting funds back from them (usually takes me about 10 days to get paid after I sell something and cash out). They also made GME closing-only at the same time that Robinhood did (of course, Robinhood took like 100% of the blame from the media for some reason). All I've got left on Stash now is Palantir.

And speaking of Palantir, is this thing gonna be worthwhile any time soon? I've got $600 of it that's currently worth $510. It seems like it just hovers around there. I know a lot of people are buying into it. Assuming it's a long-term investment. I've got another $600 of it in another platform (that is currently worth $560) from buying on a dip (again, trying to get out of Stash) that I don't mind leaving alone for a while, but it'd be nice to see Palantir at least exceed my initial investment so I can get out of it on Stash.
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I think its a high profile data company and data is the most prized currency in business these days. But its not a sexy and flashy business like cars, flamethrowers and space rockets so it will only go up as it announces more contracts and better earnings, meaning you're looking at a commitment of several quarters at least, probably years.

I have little doubt that in several years PLTR will be trading in hundreds of dollars per share, assuming they dont fuck up

Edit: I have done swing trading with PLTR a little bit as I understood the movements and the floors/ceilings a little better -- but I never made any huge money on it, 2% here, 3% there
 
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Fogel

Fogel

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Tmac said:
No idea. Once upon a time I had a financial advisor and that's what he bought.

Now, I'm assuming I should sell the GWPCX and buy something different with my $10k ROTH money.
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This is why financial advisors suck, I'm sure he got a nice kick back/commission for tossing them customers
 
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Furry

Furry

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Fogel said:
This is why financial advisors suck, I'm sure he got a nice kick back/commission for tossing them customers
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I bet he'd set you up with a really good annuity when its time to retire too. Guaranteed income!
 
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