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Based solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.Quote:
Originally Posted by Goodpoop
https://scontent-lax3-1.xx.fbcdn.net...6w&oe=68647E5F
Since it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!Quote:
Originally Posted by desertrunnerBased solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.Quote:
Originally Posted by Goodpoop
https://scontent-lax3-1.xx.fbcdn.net...6w&oe=68647E5F
Oh ok, thanks for the snarky post.Quote:
Originally Posted by Sheesfaced
Also, poor CNN had to eat alot of crow recently, had to hurt...
https://x.com/libsoftiktok/status/1937971022944203124
Quote:
Originally Posted by SheesfacedSince it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!Quote:
Originally Posted by desertrunner
fwiw, i no longer subscribe to the idea of diversification for the sake of diversification.
Quote:
Originally Posted by desertrunnerBased solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.Quote:
Originally Posted by Goodpoop
https://scontent-lax3-1.xx.fbcdn.net...6w&oe=68647E5F
you should tuck into this next. https://pbs.twimg.com/media/GubNCzTb...jpg&name=large
I have $3.75 Million (cash and stocks) and I am not proud of that. And a house totally paid for. But I am not proud of myself at age 50. I should have much, much more. I view myself somewhat of a financial failure.
ive heard said that 5m is the entry for upper middle class at this point. and tbh the math kinda prooves it out.
I really am disgraced with myself. To have only $3.75M at this stage of my life is really an embarrassment. I have let my family down.Quote:
Originally Posted by sonatine
Rofl
This kind of makes sense to me, con you expand on it?Quote:
Originally Posted by Tellafriend
I have gold plated fixtures on my bidetQuote:
Originally Posted by tgullI really am disgraced with myself. To have only $3.75M at this stage of my life is really an embarrassment. I have let my family down.Quote:
Originally Posted by sonatine
I got the whole 80’s Trump motif goin on. Privacy while bathing your balls? That’s for poor people.
Forgot the bathtub in bedroom design genius. Very exclusive
I mean I don’t necessarily disagree; for one thing not all diversification is created equal. But also, for the majority of Americans it’s important. There’s sort of a bell curve where on the left end it’s irrelevant until you accumulate enough assets to where it matters until you reach the right end of the bell curve to where it no longer does.Quote:
Originally Posted by TellafriendQuote:
Originally Posted by Sheesfaced
fwiw, i no longer subscribe to the idea of diversification for the sake of diversification.
You may very well be on the right end of that curve. Dessertrunner is most definitely not.
Serious request, asking that the resident clowns please dont thread crap here.
I am a pretty long term Fidelity investor and been happy with their mutual funds. I would like to get into their Fidelity Select Utilities Portfolio (FXUTX) fund, but its seems to be in the mid-level risk fund and the long term growth is consistent, doesnt seem very appealing.
I already know the answer, but does anyone here invest in a Utilities Fund? I would hope it would be a rock star fund, but its more of an average fund.
Your comments?
https://scontent-lax3-1.xx.fbcdn.net...Jw&oe=686BF5FC
In this thread or one of the others, tellafriend said he didnt care for Fidelity, which is fair in my book. I also like Vanguard, but not with them.
Here is a recent comparison by Fidelity comparing them to Vanguard. Again, i love the layout and function of the Fidelity website, its easy for us non-nerd types.
https://www.fidelity.com/bin-public/...ro-chart-L.jpg
I am coming back to this post for a 2nd time to tell member "Goodpoop" THANK YOU for the fund tip here on PFA. I have since then bought Invesco's Electronically Traded Fund (ETF) QQA, the mirror to QQQ.Quote:
Originally Posted by Goodpoop
The current monthly dividend is about 10% and I expect it to go higher as the stock market continues to stabilize and slowly climb. Ive added QQA to another family member's portfolio as a long time hold.
So thank you again member Goodpoop, your tip was helpful.
Helpful links-
QQQ is the best-known of the ETFs that invest in the popular Nasdaq-100 Index.
In Covered Call ETF Fervor, Don’t Forget QQA
Side note- The QQA fund was intended to compete with the JP Morgan Fund titled- JEPQ. JEPQ is returning about 13% a month as I have added this fund as well to my portfolio. I like having both funds as the JEPQ pays their monthly dividend at the beginning of the month and QQQ/QQA pays their monthly dividend at the 3rd week of the month. As a retiree, this works out well for me- getting paid every other week instead all front loaded at the beginning of the month.Quote:
QQA debuted last July. As highlighted by an assets management tally of $213.1 million as of May 2. it was a well-timed launch. And it’s one that’s proven adept at garnering traction among income investors.
DNA helps. QQQ and QQQM are highly popular ETFs. And QQA can be paired with either of those funds. That’s because QQA provides income not often found with traditional, pure beta, tech-heavy funds. For example, QQA sports a 30-day SEC yield of 10.60% versus 0.65% on QQQM.
Damn, spot on, up over $12 today and over 17% return in 2 weeks.Quote:
Originally Posted by country978
https://scontent-lax3-1.xx.fbcdn.net...1Q&oe=687F37C9
Thanks again for the tip.
Meanwhile the chili eating fat fuck is pushing long shot parlay type investments trying to turn his miserable life around.Quote:
Originally Posted by desertrunnerDamn, spot on, up over $12 today and over 17% return in 2 weeks.Quote:
Originally Posted by country978
https://scontent-lax3-1.xx.fbcdn.net...1Q&oe=687F37C9
Thanks again for the tip.
Spoiler alert….hitting a home run isn’t going to get him a woman (or guy), or make him live any longer until he changes his lifestyle. What a pathetic individual and still Druff’s shame.
But hey, he would have jacked off to the fake news on Trumps health today if he could find his cock under all that fat.
Thanks for that rep post. I do have JEPQ and know it works hand in hand with JEPI, I might marry them together in the portfolio soon.IBIT looks interesting and will look at it more.Quote:
country978: JEPI and IBIT also great funds
I really do like Coinbase as Im not a crypto guy, but the stock interest me.
Thanks again.
Anyone in here practice or study "orderflow"?
I think I suggested IBIT to you specifically a year or so ago. COIN has been a real winner and I'm happy you're making bank with it. If I recall correctly you've got like 75 pt gain by now? I sold a lot of my position and took profit but still have some and have been loving the gains. Desertrunner please also look at EETH or ETHA. This was a tellefriend pick so I can't take credit but these things show no signs of slowing down. GLXY is a tellefriend homerun.Quote:
Originally Posted by desertrunner
Actually, I only got into COIN awhile ago and didnt invest much. I will be adjusting and adding more soon before the end of the year.Quote:
Originally Posted by country978
Add- Note that PFA is becoming more of a legit and credible website now?
I just bought some IBIT and see it as a long term hold. Thanks for the good tip.Quote:
Originally Posted by country978I think I suggested IBIT to you specifically a year or so ago.Quote:
Originally Posted by desertrunner
https://uploads.tapatalk-cdn.com/202...e14ad3aa62.jpg
No better time than the present! I've owned it since it came on the market and have no plans to sell. Good luck with it! I don't think you'll ever regret your choice.Quote:
Originally Posted by desertrunnerI just bought some IBIT and see it as a long term hold. Thanks for the good tip.Quote:
Originally Posted by country978
i posted this in the Bitcoin thread too...
https://finance.yahoo.com/news/bitco...130149290.html
Major cryptocurrencies and crypto-related stocks were rallying early Thursday ahead of President Trump's expected signing of an executive order that would allow alternative assets like cryptocurrencies and private equity into the retirement accounts of millions of Americans.
Bitcoin (BTC-USD) rose more than 2% near 9:00 a.m. ET on Thursday, while ether (ETH-USD) and XRP (XRP-USD) were both up more than 4%. Shares of Coinbase (COIN), the biggest publicly traded crypto exchange, were up as much as 3%. Robinhood (HOOD) and Strategy (MSTR) shares each rose more than 1.5%.
President Trump's executive order, expected to be signed around 12:00 p.m. ET on Thursday, according to Reuters, will direct the Securities and Exchange Commission (SEC) to facilitate the use of alternative assets in 401(k) plans and other retirement accounts.
The order would mark a major shift in retirement investments, opening up the traditionally staid industry to more speculative and sometimes illiquid investments. Typically, most 401(k) participants are offered a mix of stock or bond funds or index products in which to invest.
was gonna try and sell my ETH at $4k or at least half of it, it got real close about 2 weeks ago and is real close again... probably gonna reevaluate as it gets closer to $5k now... just have to see how quick the price goes up if/after he signs... maybe 6k is not out of the question in the short to midterm...??
unfortunately ETH was gonna see a lot of resistance right at the $4k level anyways, i believe the latest run up was somewhat "natural" and then when DJT signed the EO allowing crypto to be invested in 401K's and Roths and etc... that gave it the final run up/push to hit 4k, i don't think it clearly breaks over 4k until people and institutions actually start to do it, and that's fine...
i think we see a little pull back over the weekend and probably won't see another "run up" until about a month from now when the investing institutions get the paper work ready for clients and such and then investors will start purchasing crypto for their retirement plans... (jeesh did i just say that ...WTF..???)... lol... the younger generation will do this and i don't think the old heads who are near retirement will have any skin in this game... anyways like i said too much resistance right now at the 4k level and i don't think it breaks until about a month from now until the institutions and their clients start purchasing and put pressure on supply.... anyways i am still holding and feel better now with this EO being implemented... will reevaluate once it clearly breaks 4k and heads towards $5k (hopefully lol).... hopefully in about a month or 2 or maybe even sooner...???
current price ETH as i write this $4031... has had about 12 hrs. to break through but it just won't... up 8.42% the last 5 days...
BTC is actually down .38% over the last 24 hrs. and only up 1.62% over 5 days, i have a little bit of skin in the game through IBIT... very little...
XRP is up .47% over last 24 and up 7.33% over last 5 days and i sold to early as i explained a few posts above, i left a few coins behind in my account but very very little, not even enough to write about...
my plan...? just gonna hold for now, i think there is going to be another run up once these institutions actually put this into play and put some pressure on supply... maybe they are already ahead of the game (knew the EO was coming) a plan in action and are ready?? and possible to pressure on supply maybe earlier than that?? was looking to get back in on XRP but couldn't find a spot/dip to do it (again sold too early)... so that's why i am really gonna try to get the most out of this ETH i own, just too expensive to purchase right now and at the moment, if for some reason any of these 3 should fall 5-10% i will add in little increments and i do mean little increments, if the price of these 3 stay steady through out the weekend and into early next week i might just might add a little (except ETH unless it falls 5-10% for some reason) other wise i am just holding and hopefully waiting for this $5k run up for ETH in the very near future and again just reevaluate from there...
what are the rest of you guys doing/thinking if i may ask...?
ETH breaks 4K over the weekend and has been holding steady today around 4.3k... 4k might/probably is the new floor... i might just add some (very little) if it goes to 4k even... hold on boys, next stop 4.8k, it's old ATH from 2021....
BTC still holding solid at 119k and up 1.69% over the past 5 days
XRP slowly creeping downward, down 3.82% past 5 days, i might consider to get back in if it drops another 5%....
I'm glad you didn't sell your ETH as you'd mentioned you might a few weeks back. I own it through the etf EETH. Tellefriend's bullish sentiment was right on time because ETH was around $2,700 when he recommended it to us. If you have cash and you don't need it who in their right mind is going to hold it in dollars?Quote:
Originally Posted by 1dollarboxcar
I learned today Harvard University has a $116M IBIT position. BTC and ETH going higher still.
Hello, looking for input on some Bond funds.
Druff and I have a circle of friends in a non poker field. One of these I am close to and his age is about in his mid-60s. He is a happy Fidelity investor and moved most of his money (7 figures) into a bond fund to preserve capitol and avoid volatility, obviously not a bad idea.
I think his strategy is spot on- living in your 60s and into 70- bonds for stability, less volatility, but low ROI.
First I looked at Fidelity's Total Bond Fund ETF and it's monthly return is over 4.5%, not bad.
https://scontent-lax3-2.xx.fbcdn.net...UQ&oe=68AB57B6
Second, I found Fidelity's newer Fidelity Low Duration Bond ETF that also pays a monthly dividend at over 5%.
https://scontent-lax3-2.xx.fbcdn.net...XA&oe=68AB5C96
Do you agree with our friend's strategy of more stable investing and less volatility with a bond fund in your 60s? Or make age 62 a bench mark to move funds into a safer place? I like the idea and will call him tomorrow and see which specific bond fund he's using.
Any serious feedback would be appreciated. Thanks
Additional random notes-
Fidelity's Bitcoin fund seems to be doing well and performing about the same or better than the IBIT stock...
https://scontent-lax3-1.xx.fbcdn.net...pw&oe=68AB80B5
Druff- You really need to get into investing so you can weigh in and give opinions on some of these items.
Not for most people, no.Quote:
Originally Posted by desertrunner
Generally speaking it does make sense for most people to skew more conservative in their investing portfolio as the age; it’s the entire concept behind target date funds. Although it’s entirely situational dependent and taking your investment advice from a 8th tier poker forum ain’t it.
But going to all fixed income is pretty rarely the best decision unless you’re a huge cuck that isn’t willing to accept any equity market risk. It decimates your real return.
Also you need to learn the difference between a distribution yield and an annual/monthly return.
Any further feedback I provide I’ll have to bill you for; sorry my time is too valuable.
LOL, I know youre not going to believe me, but I wrote that post late at night and honestly thought about this and didnt think anyone would say anything. But thanks for writing back, I will keep an eye on this topic as I find the newer Fidelity bond interesting.Quote:
Originally Posted by Sheesfaced
DR
2 stocks that are ready to run and that i have upped my position in since late last week, RSG a garbage and waste pick up service very similar to Waste Management and almost just as big.... TRGP a natural gas and LNG play, i see both at a bare minimum of a 20% pop in the coming weeks/months (possibly more) and a very very great possibility of a 30-40% run over the next 6-8 months... both great companies that have proven themselves time and time again through out the years... do your own research but all the good fundamentals are there...
One of my 401ks is ending at a previous employer so I opened a Schwab IRA. This account had a 9% return.
Don’t know shit about what to do with it at Schwab when money arrives. Tia.
Depends upon how long until you need it but hard to beat a low cost S&P 500 fund like Vanguard which Schwab offers.Quote:
Originally Posted by splitthis
Unless you are the pathetic chili eating fat fuck with his claims, it’s hard to beat the market.
When it comes to retirement, I am big on the Roth IRA as the earnings and dividends are state and federal tax free after age 59.5, Find the right funds, do the little bit of paper work and have the monthly dividends auto swept to your checking account to live off of.Quote:
Originally Posted by splitthis
As stated prior- I really like the Fidelity website. I also have a Schwab set up for a relative and dont like the lay out. If you arent tied to Schwab, I would look hard at Fidelity or E-Trade, I will even help you if needed.
Hope this helps.
Plunge protection team busy this AM propping up NVDA
Tanks for advice. Not losing.Quote:
Originally Posted by The BozDepends upon how long until you need it but hard to beat a low cost S&P 500 fund like Vanguard which Schwab offers.Quote:
Originally Posted by splitthis
Unless you are the pathetic chili eating fat fuck with his claims, it’s hard to beat the market.
I really don’t care about this stuff much. I like the cold, fast, turnover like I did this weekend selling something 100x for what I bought it for and doing that again and again.
Two ways to look at this stuff spitt....Quote:
Originally Posted by splitthisTanks for advice. Not losing.Quote:
Originally Posted by The Boz
I really don’t care about this stuff much. I like the cold, fast, turnover like I did this weekend selling something 100x for what I bought it for and doing that again and again.
You can say you don't care about this stuff much and I get it. You seem more the type to care about people than $$ and thats not a bad frame of mind to have.
The other way to look at it is tending to your capital allows you to do things, for yourself and others, that you wouldn't normally be able to do.
Anyone here still buying and/or holding Tesla stock? Why or why not?
https://scontent-lax3-2.xx.fbcdn.net...LQ&oe=68E869F8
@San, we were starting to discuss a nuclear play in another thread and i told you that i needed one in my portfolio and told you what i would do after doing some research, and being that i like etfs because i like to let the smart people decide what and how much to invest in (.69% expense ratio), i went with an etf ticker URA today picked up 22 shares @ $51.05 little over $1.1k... they even have some OKLO and UEC in their top 10 holdings in that portfolio and a 1.54% dividend.... closed today at 51.05 and is up to 51.23 in after hours trading.... so off to a decent start....