The Rokslide Stock Traders Thread

[Juan_ID]

HAHA absolutely in my eyes, just my opinion move it oil and gas for a couple months and make some money you can touch.

That would be nice haha. I shoulda sold the doge last may when it peaked! I’m still in the positive so it’s not all bad

 

[Pezboat]

Another lurker on this tread since the beginning. Really having some major regrets on not getting into the market back then. But I like the idea of VOO and the long hold. First, what’s the best way to buy it? And second, how does that work tax-wise if I just buy monthly and hold for 10, maybe 20+ years? Do I still need to file something yearly?

 

[Clarkdale17]

Another lurker on this tread since the beginning. Really having some major regrets on not getting into the market back then. But I like the idea of VOO and the long hold. First, what’s the best way to buy it? And second, how does that work tax-wise if I just buy monthly and hold for 10, maybe 20+ years? Do I still need to file something yearly?

You can buy it through any brokerage account. Tax wise you won't have to pay anything until you sell it except for the dividends it yields each quarter. You could also get it in your Roth IRA and not pay any tax once you sell it in 20+ years

 

[MountainTracker]

Yes SBEA ticker quit running yesterday and BRCC ticker started running today. The change in your account/position page may take a day or so to change over depending on your platform.View attachment 379489

Was at a BRCC coffee shop in San Antonio today and they had a big gathering for the opening bell.


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[Baddog]

Something that may not be on many people's radar - take a look at the main cannabis stocks. They are going to climb rapidly over the next 6-12 months. Cresco, Curaleaf, Green Thumb Industries. I follow them all as they are all customers of mine- we manufacture equipment that they use.

I don't pay attention to cannabis at all. What is changing in that world?

 

[Okhotnik]

I don't pay attention to cannabis at all. What is changing in that world?

I remember hearing the same in December 2020. Many traders lost a lot of money on marijuana stocks

 

[160andup]

Another lurker on this tread since the beginning. Really having some major regrets on not getting into the market back then. But I like the idea of VOO and the long hold. First, what’s the best way to buy it? And second, how does that work tax-wise if I just buy monthly and hold for 10, maybe 20+ years? Do I still need to file something yearly?

Like Clarkdale said, if you're looking that long term for a retirement hold, open a Roth IRA using any brokerage (Fidelity for example) buy shares, easy to do even just using the app on your phone. They will provide tax paperwork for the end of the year if needed.

 

[Okhotnik]

Like Clarkdale said, if you're looking that long term for a retirement hold, open a Roth IRA using any brokerage (Fidelity for example) buy shares, easy to do even just using the app on your phone. They will provide tax paperwork for the end of the year if needed.

Yep fidelity does that for me

 

[Bratch]

Like Clarkdale said, if you're looking that long term for a retirement hold, open a Roth IRA using any brokerage (Fidelity for example) buy shares, easy to do even just using the app on your phone. They will provide tax paperwork for the end of the year if needed.

Verify you are eligible for a Roth IRA, there are income restrictions for a direct deposit. If you exceed the income you can do a back door Roth by contributing to a regular IRA and then converting it to a Roth. This gets trickier if you already have pretax money in a traditional IRA.

 

[lak2004]

Does anyone use stock advisor from motley fool? Is it a gimmick or worth the subscription?

I want to start investing more outside of my 401k. What's a good brokerage platform?

Thanks

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[Poser]

Does anyone use stock advisor from motley fool? Is it a gimmick or worth the subscription?

I want to start investing more outside of my 401k. What's a good brokerage platform?

Thanks

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Of the exchanges I use, I like the WeBull platform the best.

 

[Pezboat]

Thanks for the suggestions and info on the tax implications. Appreciate it. I’ll report back in 20 years with hopefully millions!

 

[Laramie]

I remember hearing the same in December 2020. Many traders lost a lot of money on marijuana stocks

If a guy invested then and sold high, would have done great. Can't look at them like a long term investment. Look at their history... Pretty predictable peaks and valleys.

 

[Laramie]

I don't pay attention to cannabis at all. What is changing in that world?

Nothing really... That's the point. The stocks all go through peaks and valleys. They are in a valley right now. There is a push for legalization in the Senate but doubt it goes anywhere yet. It is inevitable though. 33 of 50 States legal do it's a matter of time.

 

[Customweld]

If a guy invested then and sold high, would have done great. Can't look at them like a long term investment. Look at their history... Pretty predictable peaks and valleys.

Sold high!

 

[Jesse Jaymes]

Does anyone use stock advisor from motley fool? Is it a gimmick or worth the subscription?

I want to start investing more outside of my 401k. What's a good brokerage platform?

Thanks

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I was granted brief access through my friends log on in the beginning of 2021. Of there "Top 10 for 2021", they had 5 "Must Have's" They pumped Lemonade very hard. I bought some at $152. Today I think it traded around $26

 

[Okhotnik]

If a guy invested then and sold high, would have done great. Can't look at them like a long term investment. Look at their history... Pretty predictable peaks and valleys.

so are reddit stocks. much easier to just go to a local casino

 

[JoeDirt]

I currently have a bunch on money in AT&T stock, the stock hasn't preformed well in a really long time.

What the best way to go about trading shares of stocks and buying other stuff when the market is in a dip. Looking to diversify a little more.

 

[bozeman]

I hold a good bit of AT&T as well....it is a LONG hold and I hope to pass it down to my children.....their dividends have been great in the past....took a hit this year, but has been pretty stable investment thus far.

 

[MountainTracker]

Apparently SENS received FDA approval. And I’m flying all day!!!!!!

Will be interesting to see how this goes today.


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