Jump to content


Toggle shoutbox Squawkbox Open the Shoutbox in a popup

Please don't post Youtube videos in the chat box. The forums software auto embeds them. 

@  tigerhawk : (17 June 2021 - 11:59 PM)

'save the cheerleader' then in season 3 he tears her skull open, scans her power and she simply heals. They didn't think any of it through.

@  Shockwave 75 : (17 June 2021 - 07:04 PM)

Well, you know Hollywood; if something's popular, run it into the ground!

@  Cybersnark : (17 June 2021 - 04:40 PM)

And then there was the Writers' Strike, which isn't the show's fault.

@  Cybersnark : (17 June 2021 - 04:40 PM)

Yeah, Sylar should've been, if not killed off, at least left to rest.

@  Nevermore : (17 June 2021 - 03:43 PM)

It never truly recovered from that.

@  Nevermore : (17 June 2021 - 03:43 PM)

Season 1 was good until the finale.

@  Paladin : (17 June 2021 - 09:37 AM)

because it sucked.

@  tigerhawk : (17 June 2021 - 08:58 AM)

Heroes was cancelled twice.

@  Nevermore : (17 June 2021 - 06:33 AM)

The song's official name is "Holding Out for a Hero".

@  PlutoniumBoss : (17 June 2021 - 12:54 AM)

That's a long time to wait for a sandwich.

@  Maruten : (16 June 2021 - 07:13 PM)

Lucky there's a hero arriving in July.

@  Steevy Maximus : (16 June 2021 - 05:38 PM)

I think I've heard "I Need a Hero" more times this past week than I have in the past several years.

@  tigerhawk : (16 June 2021 - 12:41 PM)

Thanks to Earthrise I can recreate the end of Return of Optimus Prime part 1.

@  wonko the sane? : (16 June 2021 - 11:19 AM)

I wish they would do something like that here: but then it would become obvious in which provinces you're getting gouged.

@  Nevermore : (16 June 2021 - 10:42 AM)

Here in Germany, the price you see is the price you pay, tax included.

@  Nevermore : (16 June 2021 - 10:42 AM)

I always find it weaird hearing that stores in the US don't initially already taxes in their prices.

@  Nevermore : (16 June 2021 - 04:33 AM)

You know what's kewl? Poor literacy.

@  wonko the sane? : (15 June 2021 - 04:31 PM)

Awesome, thanks for the heads up.

@  CORVUS : (15 June 2021 - 04:12 PM)

Kewl. Thanks!

@  Kalidor : (15 June 2021 - 02:08 PM)

Hey everybody! I wanted to announce that Sarahthecutevixen is our newest addition to the Allspark staff. She's primarily looking over discord stuff, but I wanted to make sure she got a welcome over here as well.

@  NovaSaber : (14 June 2021 - 11:07 AM)

Turn-Bass RPG

@  Sabrblade : (14 June 2021 - 10:21 AM)

Do not X0 quietly into the night.

@  ▲ndrusi : (14 June 2021 - 10:13 AM)

All your Bass are--

@  Donocropolis : (14 June 2021 - 05:56 AM)

*Bass X0 not available in Alaska or Hawaii.

@  Steevy Maximus : (13 June 2021 - 07:36 PM)

Get your own Big Mouth BassX0 for the low price of $19.95 (plusshippingandhandling)

@  repowers : (13 June 2021 - 12:45 PM)

Mr. Speaker, we are for the Bass X0.

@  Nevermore : (13 June 2021 - 06:04 AM)

It's all about that Bass XD.

@  tigerhawk : (13 June 2021 - 02:16 AM)

Will altering the moons orbit in any way help.

@  PlutoniumBoss : (13 June 2021 - 01:51 AM)

Now that you have seen this Bass XO, you must send it to five other Bass XOs or BassXO will come to you in a week and then you too will be BassXO.

@  Telly : (13 June 2021 - 12:08 AM)

or feed him after midnight

@  wonko the sane? : (12 June 2021 - 09:00 PM)

Just don't drop him.

@  Kaon : (12 June 2021 - 08:03 PM)

man this chat is nothing but Bass X)

@  Nevermore : (12 June 2021 - 07:08 PM)

Carefull, he is a Bass Xo.

@  TheMightyMol... : (12 June 2021 - 05:53 PM)

Aw, it's not even a shiny.

@  Sabrblade : (12 June 2021 - 05:27 PM)

A wild Bass X0 has appeared!

@  Bass X0 : (12 June 2021 - 05:20 PM)

I didn't even try this time.

@  Nevermore : (12 June 2021 - 03:43 AM)

8ass X÷ has hijacked this conversation.

@  Bass X0 : (12 June 2021 - 03:37 AM)

Its Bass X0. I named myself after my three favourite Mega Man characters - Bass, X and Zero. I did consider going with Vile Bass X0, but that would have been going too far.

@  repowers : (11 June 2021 - 11:29 PM)

Bass XO has been trying to reach you about your car's extended warranty.

@  Echowarrior : (11 June 2021 - 09:25 PM)

Do not taunt Bass XO.

@  wonko the sane? : (11 June 2021 - 09:02 PM)

Please consult a technician before using Bass XO. Do not operate Bass XO while consuming alcohol.

@  TheMightyMol... : (11 June 2021 - 04:48 PM)

Nine out of ten doctors recommend Bass XO. The last doctor is on my list.

@  Dekafox : (11 June 2021 - 01:51 PM)

Bass XO is available at these fine retailers.

@  PlutoniumBoss : (11 June 2021 - 02:01 AM)

Bass XO is not to be confused with Bay Sexo.

@  Fenix Twilight : (10 June 2021 - 08:38 PM)

It's good to be back, after that outage I think I'll try to post more.

@  Steevy Maximus : (10 June 2021 - 12:16 PM)

I think Hasbro Pulse is broken. Dang Star Wars nerds!

@  tigerhawk : (10 June 2021 - 04:46 AM)

When I googled 'space bridge' I was disappointed. Maybe in a hundred years.

@  ▲ndrusi : (09 June 2021 - 04:05 PM)

Bass XO is backward compatible with the Sega Master System.

@  Donocropolis : (09 June 2021 - 05:37 AM)

Bass XO has 9" long, dagger-like teeth and a 12,000 lb. bite force

@  repowers : (08 June 2021 - 07:26 PM)

Bass XO doesn't feel pain. He can't be reasoned with!


Photo
- - - - -

Stock Market Shares


18 replies to this topic

#1 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 05 June 2021 - 10:38 PM

I just open a broker account and bought my first share in a company. I decided to invest some of my money for the future. I'm super excited about it. Does anyone have any advice to a novice investor?

#2 Rust

Rust

    Slightly Off

  • Supporter
  • 49662 posts
  • Gender:Male
  • Location:Nebraska
  • Faction::Autobot

Posted 05 June 2021 - 11:26 PM

Never invest anything you are not willing to lose.



#3 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 06 June 2021 - 01:04 AM

I doing small buys. Like $10-20 shares. So if I lose them I won't mind much. But I'm doing smart ones, companies that have been around for a while.

I wanted to buy stock from Amazon and Google but their stocks are like $3000 a share and they don't pay dividends because they invest all their money into growth.

#4 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 06 June 2021 - 08:38 PM

I decided to go more risky and go with a DRIP. So instead of collecting dividends, anything I make from them will go back into buying more stock from them. A long term plan for extended growth. It is more risky because instead of keeping the money, I'm reinvesting it.

#5 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 07 June 2021 - 08:54 PM

My shares made one dollar profit value in the first day! It feels like the first leaf sprouting on my money tree. ♥️

#6 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 07 June 2021 - 10:21 PM

I decided to go more risky and go with a DRIP. So instead of collecting dividends, anything I make from them will go back into buying more stock from them. A long term plan for extended growth. It is more risky because instead of keeping the money, I'm reinvesting it.

That is the way to go.  I would stick with mutual funds, as the manager can do a better job than you.  I put 25% in small cap, 25% in large cap, 25% in international, and 25% in fixed return.  This will keep you from losing your shirt if one of your funds tanks temporarily, usually one other will rise.  This strategy gets me about 8% ROI for the last 20 years.  You want to beat inflation, which is 4% today.

 

Whatever you do do not look at it every day.  It will be like a roller coaster, but don't jump off if you start loosing.  Just like a roller coaster, you only get killed when you try to jump off.


Edited by Ryougabot, 07 June 2021 - 10:24 PM.

"Expect me when I arrive" - G'kar
Ryougabot

#7 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 08 June 2021 - 02:36 AM

Oh, I've been picking shares myself. How do I join a mutual fund with the shares I already have?

#8 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 08 June 2021 - 04:59 PM

Oh, I've been picking shares myself. How do I join a mutual fund with the shares I already have?

Find a local broker, ask them to find a set of good mutual funds that fit the categories, have the broker set them up as ROTH funds (another whole discussion), ROLL the current balances into the Roth funds (avoids taxes, you will lose 35% in taxes if you don't roll).

 

Remember, this is free advice, it may not be what your broker says.


"Expect me when I arrive" - G'kar
Ryougabot

#9 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 09 June 2021 - 12:14 AM

Do I pay taxes on DRIP? I know I have to pay taxes if I make a profit selling shares, but is there a tax on dividends gains? I'm getting mixed answers

#10 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 10 June 2021 - 10:14 AM

You pay taxes on your accounts when you liquidate, as is it officially income, and you pay taxes on any income.  However if it is a ROTH account, the interest is tax deferred.  With Roth, you pay the taxes when you invest, at the rates of today, so you only have to pay taxes on the principal.  Without Roth, you pay when you liquidate, at those rates.  I usually go with Roth as when has the government ever lowered the the tax rates over a long period of time?


"Expect me when I arrive" - G'kar
Ryougabot

#11 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 10 June 2021 - 10:46 PM

I'm not sure I can switch my account to a Roth since I already selected the other for it. So as long as I don't liquidate I won't get taxed, and as long as my income is under $40,000 I won't get taxes on dividends.

#12 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 11 June 2021 - 12:13 AM

I'm not sure I can switch my account to a Roth since I already selected the other for it. So as long as I don't liquidate I won't get taxed, and as long as my income is under $40,000 I won't get taxes on dividends.

you are correct. just be careful tour interest does not put you over 40000.


"Expect me when I arrive" - G'kar
Ryougabot

#13 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 11 June 2021 - 02:05 AM

I'm not sure I can switch my account to a Roth since I already selected the other for it. So as long as I don't liquidate I won't get taxed, and as long as my income is under $40,000 I won't get taxes on dividends.

you are correct. just be careful tour interest does not put you over 40000.
Ha! If I ever make $40,000 a year from this I'd probably quit my job.

#14 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 11 June 2021 - 01:55 PM

 

 

I'm not sure I can switch my account to a Roth since I already selected the other for it. So as long as I don't liquidate I won't get taxed, and as long as my income is under $40,000 I won't get taxes on dividends.

you are correct. just be careful tour interest does not put you over 40000.
Ha! If I ever make $40,000 a year from this I'd probably quit my job.

 

interest plus your income...


"Expect me when I arrive" - G'kar
Ryougabot

#15 Tripredacus

Tripredacus

    K-Mart-ian Legend

  • Citizen
  • 1105 posts
  • Gender:Male
  • Faction::Predacon

Posted 11 June 2021 - 03:02 PM

Ha! If I ever make $40,000 a year from this I'd probably quit my job.


Wrong answer there. You said you wanted to invest for your future. That future is typically retirement age. You can cash out earlier but that would only be if your investments were at a point where you could retire at that age. Unless you can live in 40k for the rest of your life...
jBU1ixT.jpg

#16 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 15 June 2021 - 01:32 AM

Ha! If I ever make $40,000 a year from this I'd probably quit my job.

Wrong answer there. You said you wanted to invest for your future. That future is typically retirement age. You can cash out earlier but that would only be if your investments were at a point where you could retire at that age. Unless you can live in 40k for the rest of your life...
Valid point. But I'm already living with less then 40k a year. I hope I can get to that point when I retire.

#17 Ryougabot

Ryougabot
  • Citizen
  • 2067 posts
  • Gender:Male
  • Faction::Autobot

Posted 15 June 2021 - 10:21 AM

 

 

Ha! If I ever make $40,000 a year from this I'd probably quit my job.

Wrong answer there. You said you wanted to invest for your future. That future is typically retirement age. You can cash out earlier but that would only be if your investments were at a point where you could retire at that age. Unless you can live in 40k for the rest of your life...
Valid point. But I'm already living with less then 40k a year. I hope I can get to that point when I retire.

 

If you want 40,000 per year when you retire, your magic number is about $500,000 in savings.  That will get you about $40,000 in interest alone (assuming about 5% rate) without even touching the principal.  Essentially you get $40000 per year for the rest of your life.


"Expect me when I arrive" - G'kar
Ryougabot

#18 wonko the sane?

wonko the sane?

    Oh dear lord I am bored...

  • Citizen
  • 44816 posts
  • Gender:Male
  • Location:Canada, thats why stuff costs so much!
  • Faction::Free Agent

Posted 15 June 2021 - 04:32 PM

Welp, me brother got me to open a wealthsimple account. Cause, and let's face it: he was right. I do have a little spare cash just sitting, and I honestly don't mind trying this whole stock market thing out before money becomes worthless as we descend into a post apocalyptic hellscape.


Edited by wonko the sane?, 15 June 2021 - 04:32 PM.

Per Nick Nemesis's Suggestion: I hate everything.

#19 Equals Three

Equals Three
  • Citizen
  • 427 posts
  • Faction::Decepticon

Posted 16 June 2021 - 02:40 AM

Well, hopefully with my 401k, this investment and social security, I'll have enough money not to die when I retire, lol



Reply to this topic



  


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users