INVESTING- Stocks, mutual funds and IRAs

Quote:

---

Originally Posted by desertrunner

Quote:

---

country978: JEPI and IBIT also great funds

---

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.

I really do like Coinbase as Im not a crypto guy, but the stock interest me.

Thanks again.

---

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 country978

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.

---

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.

Add- Note that PFA is becoming more of a legit and credible website now?

Quote:

---

Originally Posted by country978

Quote:

---

Originally Posted by desertrunner

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.

I really do like Coinbase as Im not a crypto guy, but the stock interest me.

Thanks again.

---

I think I suggested IBIT to you specifically a year or so ago.

---

I just bought some IBIT and see it as a long term hold. Thanks for the good tip.

https://uploads.tapatalk-cdn.com/202...e14ad3aa62.jpg

Quote:

---

Originally Posted by desertrunner

Quote:

---

Originally Posted by country978

I think I suggested IBIT to you specifically a year or so ago.

---

I just bought some IBIT and see it as a long term hold. Thanks for the good tip.

---

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.

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%....

Quote:

---

Originally Posted by 1dollarboxcar

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?

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.

Quote:

---

Originally Posted by desertrunner

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.

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.

Quote:

---

Originally Posted by Sheesfaced

Also you need to learn the difference between a distribution yield and an annual/monthly return.

---

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.

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.

Quote:

---

Originally Posted by splitthis

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.

Unless you are the pathetic chili eating fat fuck with his claims, it’s hard to beat the market.

Quote:

---

Originally Posted by splitthis

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.

---

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.

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