The Rokslide Stock Traders Thread

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 said:
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..
Click to expand...

I biught into MP back in 2021 at $44 -its been in the dumps for years for me. Finally not red anymore.
 
HuntHarder said:
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..
Click to expand...
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
 
huntnful said:
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
Click to expand...

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
 
TOLeary said:
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
Click to expand...
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
 
huntnful said:
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
Click to expand...

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?
 
TOLeary said:
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?
Click to expand...
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.
 
huntnful said:
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.
Click to expand...
To the “what if” game… I was looking at SMR at about $2… wish I’d pulled the trigger then instead of at $20 😂
 
TX_Diver said:
To the “what if” game… I was looking at SMR at about $2… wish I’d pulled the trigger then instead of at $20
Click to expand...
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.

Sent from my Pixel 9 Pro using Tapatalk
 
MountainTracker said:
www.coindesk.com

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 www.coindesk.com

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


Sent from my iPhone using Tapatalk
Click to expand...

Higher…

a5104ed468fc5363df80e32492252b22.jpg



Sent from my iPhone using Tapatalk
 
HuntHarder said:
DRSHF and AMPX continuing the pump. Oh and that other stock that I left a crazy amount on the bone.... MP.
Click to expand...
I had a limit sell on AMPX thinking it wouldnt double from where I bought it for at least a year…. Was wrong on that.
Any idea why the stock has been shooting up lately?
 
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