The Rokslide Stock Traders Thread

[WaWox]

Structured notes are literally the most exploitative strategy sold by banks. You could have generated the same return with a better downside protection / higher return on net with a set of equities + cash + options ... and all without having counter party risk!! Remember, when the bank goes under your structured note is worthless too. Compare the 16% return (with a bunch of downside risk if Nvdia drops!!) to the interest rate on unsecured bank debt .. you aren't making as much on top as you might think!

Also, consider not just the net return but the correlations -- if nvdia breaches a 45% loss event, don't you expect ALL YOUR OTHER stocks to tank too? Why combine a terrible outcome everywhere with a complete disaster in your notes?

 

[Crowmangler]

If Ameriprise goes under (1.5 trillion AUM) we're all F'd anyway
Also, you may have underestimated my ability to made bad decisions.

 

[WaWox]

I just did back of envelope math-- ameriprise looks like 1.5ish percent default risk based on CDS and yield -- per year!

But yes less counter party risk than other possible sources for a note like this.

 

[HuntHarder]

Ampx again! MP broke my today. I sold it last week for a modest (20ish %) gain. I was happy until the Pentagon decided to buy into MP today. . No one goes broke taking profits I guess..

 

[Poser]

Ampx again! MP broke my today. I sold it last week for a modest (20ish %) gain. I was happy until the Pentagon decided to buy into MP today. . No one goes broke taking profits I guess..

I biught into MP back in 2021 at $44 -its been in the dumps for years for me. Finally not red anymore.

 

[Fowl Play]

Ampx again! MP broke my today. I sold it last week for a modest (20ish %) gain. I was happy until the Pentagon decided to buy into MP today. . No one goes broke taking profits I guess..

Ehhh you can beat yourself up forever. Taking profits is never a bad idea. If you knew the perfect entry and exits beforehand you’d be a millionaire.

I recently sold all my AMD stock as it had been a terrible performer and finally broke back even for me. I also have a ton of NVDA exposure so don’t need both. Could have waited another month though… lol

 

[CorbLand]

FBTC is making my morning pretty great right now.

 

[TOLeary]

Appreciate the time and responses guys. The money is 100% intended to retire myself early and bridge the gap before being able to draw my 401k. So probably best not to gamble and lose it all hahahaha. Sounded good in the moment though lol

In regards to your 401k, look up the mega backdoor Roth IRA. It’s unlikely if you’ve invested in it traditionally but if your 401k has post tax contributions you can convert it to Roth IRA and see less taxes on your earnings on the back end. This can be utilized separately as well as a work around to invest more post tax into a Roth IRA.

I started investing in blue chip mutual funds but over the last 2 years invested in well established companies individual stocks through a Roth IRA. I treat these as retirement investments as I do the mutual funds. Looking at past growth is really the main factor that I use to determine if I’m going to invest in it. Apple, Microsoft, etc.

Dick around with random up and coming stocks though to scratch that itch. You may end up just not liking it and wanting to invest more through the backdoor. That’s the route I went

 

[huntnful]

In regards to your 401k, look up the mega backdoor Roth IRA. It’s unlikely if you’ve invested in it traditionally but if your 401k has post tax contributions you can convert it to Roth IRA and see less taxes on your earnings on the back end. This can be utilized separately as well as a work around to invest more post tax into a Roth IRA.

I started investing in blue chip mutual funds but over the last 2 years invested in well established companies individual stocks through a Roth IRA. I treat these as retirement investments as I do the mutual funds. Looking at past growth is really the main factor that I use to determine if I’m going to invest in it. Apple, Microsoft, etc.

Dick around with random up and coming stocks though to scratch that itch. You may end up just not liking it and wanting to invest more through the backdoor. That’s the route I went

Excellent info! And yes I think most people are unaware of that! Although I can contribute enough % wise to exceed the pre-tax 23,500 contribution and then start rolling over the excess, I no longer max out my 401k. I dropped my 401k contributions to just meet my company match (free money), and took what would normally have gone into there, and put into my personal investment account. My 401k just doesn’t need anymore money contributed to it for it to sustain me when I reach the age of 59 1/2.

My goal is to retire early modestly, not retire at 60 with $10,000,000. I’ll be too old to do shit with that much money at that age anyways haha

 

[TOLeary]

Excellent info! And yes I think most people are unaware of that! Although I can contribute enough % wise to exceed the pre-tax 23,500 contribution and then start rolling over the excess, I no longer max out my 401k. I dropped my 401k contributions to just meet my company match (free money), and took what would normally have gone into there, and put into my personal investment account. My 401k just doesn’t need anymore money contributed to it for it to sustain me when I reach the age of 59 1/2.

My goal is to retire early modestly, not retire at 60 with $10,000,000. I’ll be too old to do shit with that much money at that age anyways haha

I hear that! My goal is relatively similar with the strategy to max out the post tax contributions, through 401k to Roth IRA, to be able to utilize the contributions pre retirement and allow the interest to continue growing for post.

Out of curiosity what are the individual stocks you were looking at?

 

[huntnful]

I hear that! My goal is relatively similar with the strategy to max out the post tax contributions, through 401k to Roth IRA, to be able to utilize the contributions pre retirement and allow the interest to continue growing for post.

Out of curiosity what are the individual stocks you were looking at?

All of my money is current in a low cost Vanguard index fund. VFTAX at .13% expense. It’s averaged 16% growth since I started in it.

I was looking at NuScale SMR when it was low $20’s a share, but didn’t want move my money around and pay the applicable taxes and fees to move the large sums. So I just held off.

 

[TX_Diver]

All of my money is current in a low cost Vanguard index fund. VFTAX at .13% expense. It’s averaged 16% growth since I started in it.

I was looking at NuScale SMR when it was low $20’s a share, but didn’t want move my money around and pay the applicable taxes and fees to move the large sums. So I just held off.

To the “what if” game… I was looking at SMR at about $2… wish I’d pulled the trigger then instead of at $20

 

[huntnful]

To the “what if” game… I was looking at SMR at about $2… wish I’d pulled the trigger then instead of at $20

Hahahaha I hate looking back on it, but I can’t help it! Yours would have been a hero’s play

 

[twall13]

To the “what if” game… I was looking at SMR at about $2… wish I’d pulled the trigger then instead of at $20

Ya, I picked up a chunk of PLTR at around $9/share about a year and a half ago. It quickly shot up from there. I had a trailing stop loss set up that triggered at some point and sold it all at a good profit around $65. I wish I'd never put that stop loss in place... I picked up a few more shares later but not as many as I had and at a higher price. Oh well, as has been stated, you won't go broke taking profits but the "what ifs" can hurt as it currently sits at over $142/share.

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[MountainTracker]

What Crypto Week in Congress Means for Stablecoins, CBDCs and Market Rules

On deck: Stablecoin, market structure and central bank digital currency bills.

www.coindesk.com

Will we see more upward price action or sell the news?


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[eddielasvegas]

What Crypto Week in Congress Means for Stablecoins, CBDCs and Market Rules

On deck: Stablecoin, market structure and central bank digital currency bills.

www.coindesk.com

Will we see more upward price action or sell the news?


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ILIKEITALOT.


Eddie

 

[stevewes2004]

What Crypto Week in Congress Means for Stablecoins, CBDCs and Market Rules

On deck: Stablecoin, market structure and central bank digital currency bills.

www.coindesk.com

Will we see more upward price action or sell the news?


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Higher…

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[Pharmseller]

PLTR up nicely today.

NVDA up big AH.

Let’s see what happens at the opening bell.



P

 

[stevewes2004]

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[HuntHarder]

DRSHF and AMPX continuing the pump. Oh and that other stock that I left a crazy amount on the bone.... MP.