PebHmong Discussion Forum
General Category => General Discussion => Topic started by: hmgROCK on September 19, 2018, 11:55:13 AM
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been trying to get some of you guys involve
get started playing this white man's game
you ain't going be rich from working
but from investing in the market
(https://i.imgur.com/9YsJSk3.jpg)
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did pretty good this year
your boy went to the moon
O0 O0 O0 O0
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i'm not a PRO trader or a supercomputer
just a regular guy who have a finance background
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just an FYI
the stock market is rigged
how?
you got these supercomputer trading at lighting speed
faster than you
unless you know what you are doing
stick to the SP500 index
you will be rich but at a slower pace
you are not smarter than a supercomputer
you can barely remember the underwear you wear 3 days ago
(https://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/IBM_Blue_Gene_P_supercomputer.jpg/300px-IBM_Blue_Gene_P_supercomputer.jpg)
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just another FYI tips
like baseball
you don't have to swing your bat everytime (day)
if something is not going great
bad news
bad trump twitter tweet
don't swing
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I've been putting 9% of my check into 401k and an additional 1/3 into my savings put next year I want to but half of my savings into IRA.
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I've been putting 9% of my check into 401k and an additional 1/3 into my savings put next year I want to but half of my savings into IRA.
That’s great
Got a couple questions to ask
1. Is your company matching your 401k contribution?
2. When you say saving, are you saying checking/saving bank account
3. For your IRA, I recommend a ROTH IRA because all gains are tax free $5500 yearly max cap
Better than 401k and you should be doing this first
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I've been putting 9% of my check into 401k and an additional 1/3 into my savings put next year I want to but half of my savings into IRA.
best advice for you since it looks like you are just starting out
just slowly put $100-200 every paycheck away
into a total market index fund
i started this last month with fidelity when they introduce that zero fee
ticker is FZROX (good for folks with less than $100k)
no trading fee, no upload fee, commision, expense, etc...
pretty nice, i made $37 last month on $1700
it move according to the market, so its pretty slow and not as exciting as my above
but in the long run, you will be really rich
in this pic, i was buying $300 more
(https://i.imgur.com/4piANwj.jpg)
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My company only match up to 4% so I'm thinking about lowering my contribution and put the other half into other options with greater returns without the penalties. And yes checking/savings.
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My company only match up to 4% so I'm thinking about lowering my contribution and put the other half into other options with greater returns without the penalties. And yes checking/savings.
in that case
you want to do 4% on your 401k
only match up to your company
than switch over to your ROTH IRA (tax free gain)
it has a cap of $5,500
you have to earned at least $5,500 to put in 5,500 because it has an "earned income" requirement
so if you only work part time and make $4,000 you can only put $4,000
if you have a non working spouse, you can do $5,500 for her with your "earned income" as long as you file married jointy on your tax return
that will give you $5,500 you and another $5,500 for your spouse for a total of $11,000 yearly
get here first
for saving account: i personally use https://www.marcus.com/us/en (https://www.marcus.com/us/en)
it has a 1.9% interest rate on saving
it's only a saving account
so you still need your local bank to transfer fund and do your checking/atm/etc....
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been trying to get some of you guys involve
get started playing this white man's game
Meh, why not just give us the winning numbers to the powerball/lotto since you're the "hmong Nostradamus" and "is always right"?? ???
you ain't going be rich from working
but from investing in the market
Wrong, plenty of "working" people have gotten "rich" too...and you claimed to be the "hmong Nostradamus"... ;D
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Meh, why not just give us the winning numbers to the powerball/lotto since you're the "hmong Nostradamus" and "is always right"?? ???
Wrong, plenty of "working" people have gotten "rich" too...and you claimed to be the "hmong Nostradamus"... ;D
can we get a MOD to ban this dude
always coming in here attacking me
here i am trying to get people interest in investing
and maybe answer some of their question
and dude is attacking me
if you are not interest
no need to comment
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can we get a MOD to ban this dude
always coming in here attacking me
NOPE! as I'm just repeating what you proudly said about yourself: "I'm the hmong Nostradamus and is always right"...FACT!!!...So how exactly is that (repeating what you said about yourself) "attacking" you again??
If you can't handle it then take ownership of your boasting yourself false claims, admit you're wrong and your mistakes and learn from it...easy as that. No body is perfect but those of us with common sense can take ownership of our mistakes, learn from it and move forward...
here i am trying to get people interest in investing
and maybe answer some of their question
and dude is attacking me[/b]
if you are not interest
no need to comment
Again, just asking why don't you just give out the winning numbers to the powerball/lotto as it's much easier since your the "hmong Nostradamus and is always right"...
And I can comment if I want because I'm curious...