Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1275787]Tell you what, people who understood the market got richer over the past 10 months. I can just say with very limited funds, I made 300% growth with very select funds. Definitely not normal, but taking the simple concept that certain stocks got caught up in the panic selling for no reason enabled simple decision making. An example is DELL, a decent stock with no serious reason to have tanked when the market did. I bought it at $27 because the year leading up to the crash it was around $55. It's now over 60, but admittedly I sold it around 50 to lock in that and bought other stocks I saw similar potential with. And I bought several Cannibas stocks in November that have seen significant growth too.

The one question I have to see is taxes, it is all within an IRA so I don't think I have taxes due for the short term gains, but have to confirm that.[/quote]

Is it a Roth or a simple?

If Roth you’ll owe no taxes. If simple, you’ll owe but not until the year you withdraw.

Re: stocks in meltdown mode
 

[QUOTE=Schneed10;1275808]Is it a Roth or a simple?



If Roth you’ll owe no taxes. If simple, you’ll owe but not until the year you withdraw.[/QUOTE]Thanks. It is a Roth IRA

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Re: stocks in meltdown mode
 

[QUOTE=mredskins;1275799]The entire us govt is outfitted with Dells.

The only thing I ever see is Dell.[/QUOTE]


Can confirm I’ve got a Dell laptop and I work for the Fed.


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Re: stocks in meltdown mode
 

[quote=MTK;1275815]Can confirm I’ve got a Dell laptop and I work for the Fed.


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I got issued once a random HP, it was so odd. They took after a year, lease ran out.

Re: stocks in meltdown mode
 

PC towers don't always look like how they used to. At work we use PCs, I don't think I've ever noticed the brand. I'm 99.99% positive it's not a Dell, but I hope it is.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1275823]PC towers don't always look like how they used to. At work we use PCs, I don't think I've ever noticed the brand. I'm 99.99% positive it's not a Dell, but I hope it is.[/quote]

I start up any PC and their logo comes flying at me.

Re: stocks in meltdown mode
 

[quote=mredskins;1275825]I start up any PC and their logo comes flying at me.[/quote]

Good for Dell. You get a government contract you're doing well for yourself/company.

Re: stocks in meltdown mode
 

I'll be damned, my work tower/PC is a Dell. Lol. I'm an idiot.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1275892]i'll be damned, my work tower/pc is a dell. Lol. I'm an idiot.[/quote]

lol!

Re: stocks in meltdown mode
 

Did anyone here ever use Robinhood? I hope not. Don't think it will be a functional company by March.

Beyond Robinhood, I hope this is a gamechanger.

I heard a great question tonight: What do hedgefund firms actually do?

It's such a simple question, but yet so complex.

They don't produce anything, get filthy rich, then cry when anything goes against them.

Sidenote - Romney, you're a piece of shit.

Re: stocks in meltdown mode
 

[quote=sdskinsfan2001;1276141]Did anyone here ever use Robinhood? I hope not. Don't think it will be a functional company by March.

Beyond Robinhood, I hope this is a gamechanger.

I heard a great question tonight: What do hedgefund firms actually do?

It's such a simple question, but yet so complex.

They don't produce anything, get filthy rich, then cry when anything goes against them.

Sidenote - Romney, you're a piece of shit.[/quote]

Nope but the damage they have done to the reputation of Wall Street has hurt . If Wall St, takes a hit it will be becuase of this and nothing Biden has or hasn't done.

Re: stocks in meltdown mode
 

[QUOTE=Giantone;1276153]Nope but the damage they have done to the reputation of Wall Street has hurt . If Wall St, takes a hit it will be becuase of this and nothing Biden has or hasn't done.[/QUOTE]What did you think of Yellen taking an 800G payment from the hedgefund Citadel?

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1276155]What did you think of Yellen taking an 800G payment from the hedgefund Citadel?

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What about it? Was she in her post at the time or on the Lecture circuit?

Re: stocks in meltdown mode
 

[QUOTE=Giantone;1276156]What about it? Was she in her post at the time or on the Lecture circuit?[/QUOTE]Lecture circuit, just curious about your opinion.

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Re: stocks in meltdown mode
 

[quote=CRedskinsRule;1276157]Lecture circuit, just curious about your opinion.

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None..............