oh look another thread where desertrunner chooses to larp as something other than a high desert white trash autist and gets totally destroyed.
oh look another thread where desertrunner chooses to larp as something other than a high desert white trash autist and gets totally destroyed.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
My neighbor does taxes for clients of the wealth management team at a major bank
Spend anytime talking to him and you get the distorted feeling every other person in New England is a trust fund kid.
The stories of detached and clueless adults pulling trust fund checks are wild.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Posting this because Druff hates T-Mobil and I use them and watching them. This is a good story with some important points.
https://www.investors.com/news/techn...ay/?src=A00220
T-Mobile announced a new $15 billion stock buyback through 2024 at the Goldman Sachs Communacopia and Technology Conference on Sept. 6. That follows a $14 billion buyback authorized last year. In addition, T-Mobile announced a new $3 billion annual dividend.
More T-Mobile because Druff hates this company. But I have them as my primary phone and watching their stock as I think its going to really take off over time.
This was just published recently-
$1000 Invested In T-Mobile US 10 Years Ago Would Be Worth This Much Today
T-Mobile US ( TMUS ) has outperformed the market over the past 10 years by 9.32% on an annualized basis producing an average annual return of 19.19%. Currently, T-Mobile US ( TMUS ) has a market capitalization of $173.97 billion.
Buying $1000 In TMUS: If an investor had bought $1000 of TMUS stock 10 years ago, it would be worth $5,654.16 today based on a price of $150.43 for TMUS at the time of writing.
https://www.fidelity.com/news/articl...LLNGTH36052332
Druff- You really need to start monitoring the market and following these trends as I want to hear what you're going to recommend next. Poker is nice, but stocks and mutual funds are the better long term bet.
And T-Mobile stock keeps going up, I should have bought 4 days ago, didn’t and lost put on the lower price. Just bought 2 shares today as it looks like a good long term hold. I also told Druff to buy days ago as well. We both should have jumped in at $155.
Beware companies that can find no other use for cash except to buy their own stock at lofty prices. Investing in manufacturing, infrastructure, acquisition, etc. etc.
It is generally a sign of a market top when many companies embark on stock buybacks.
There have been very few exceptions that have not subsequently cratered.
There is so much happening right now that examining T-Mobile as a short candidate is not worthwhile to me
A correction is a Roth IRA max contribution is $7500 a year. But I dont see the joke here if you put away atleast 10 years of a maxed out Roth IRA making anywhere from 10-17% and then turn 59.6 and collect a monthly dividend tax free at 5-6% for life while preserving your capitol. This is not something I just randomly made up, it consulted a trusted financial expert. But I am already retired (I same semi retired) at age 53 and Druff can confirm this. I like having an additional tax free retirement income when older, but that's just me.Sanlmar: tax savings on $7k for the win lulz
And Sanlmar, youre the confirmed village idiot here. Dont worry, no one is taking you serious.
If you can get 10% average, invest $25k at age 25, you’ll have $1M at 62 ish.
Easy game.
I don’t bother much with mutual funds, just have one that mirrors the S&P 500 for Roth IRA and the fidelity junk through 401k at work.
The other Roth is self directed in growth stocks and some JEPI ETF, using JEPI as a mini hedge for when the growth stuff stinks it up.at least JEPI will generate income that gets reinvested. It will be a trade off when the growth stuff is going up but as I get near retirement age my risk averse nature is waning.
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