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-   -   Money Investing megathread extravaganza (https://www.chiefsplanet.com/BB/showthread.php?t=300589)

Hog's Gone Fishin 02-20-2021 10:18 AM

Quote:

Originally Posted by Mr_Tomahawk (Post 15558226)
Lol go figure. I sold CTRM on Thursday.

Me also , took my money and run. Small profit.

lewdog 02-20-2021 10:22 AM

Quote:

Originally Posted by In58men (Post 15558220)
Yes sir!

I put in 20% and my employer matches 6%. They’ll match 10% after 10 years of employment, I have 3 more years to go.

That’s nice!

My match sucks. Max is I put in 4% and they give me 1%. It’s pretty terrible. They pay me well and I get a decent amount of PTO though. There’s always trade offs.

In58men 02-20-2021 10:27 AM

Quote:

Originally Posted by lewdog (Post 15558234)
That’s nice!

My match sucks. Max is I put in 4% and they give me 1%. It’s pretty terrible. They pay me well and I get a decent amount of PTO though. There’s always trade offs.

I’m very fortunate to say the least. We also get a pension as well. I’m trying to put in as much as I can, looking to retire around 55ish, maybe earlier. Things also can change in our industry and taxes only go up.

KCUnited 02-20-2021 10:27 AM

RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a reerun that can barely read.

Hammock Parties 02-20-2021 10:28 AM

Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.

scho63 02-20-2021 10:33 AM

Quote:

Originally Posted by Hammock Parties (Post 15558237)
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.

Did you just learn this in your house buying adventures? :hmmm:

In58men 02-20-2021 10:35 AM

Quote:

Originally Posted by scho63 (Post 15558241)
Did you just learn this in your house buying adventures? :hmmm:

ROFL

lewdog 02-20-2021 10:36 AM

Quote:

Originally Posted by Hammock Parties (Post 15558237)
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.

Absolutely. It’s crazy what they’ll qualify you for.

6 years ago we bought a house for about 50% the amount we “qualified” for. I couldn’t believe what they thought we could afford! And they wonder how so many people get in trouble and can’t pay their mortgage ......house poor!

jdubya 02-20-2021 10:52 AM

Quote:

Originally Posted by Hammock Parties (Post 15558237)
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.

Same with most colleges. I try to get an answer for how much the cost will be per semester for my kids and 95% of the time the college doesn’t answer but rather tries to talk me into a loan. I tell them I don’t want a loan, I want to know the cash price.......then they try to talk me into a loan again. Most colleges are in the banking/lending business now.

Hammock Parties 02-20-2021 10:58 AM

Quote:

Originally Posted by scho63 (Post 15558241)
Did you just learn this in your house buying adventures? :hmmm:

Pretty much. I've never had much debt at all, because I'm not ****ing stupid.

"We can give you an FHA loan for that small amount you need to buy a house. Or you can have a less ****y loan for this HUGE AMOUNT!!!!!!"

Get ****ed.

DJay23 02-20-2021 11:02 AM

Quote:

Originally Posted by KCUnited (Post 15558236)
RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a reerun that can barely read.

Same. Mine gives me around 30 to choose from.

Hog's Gone Fishin 02-20-2021 11:03 AM

Just a thought regarding (FRX)

With these SPAC's they always issue warrants that are much cheaper in price and many times run much more than the stock

FRX moved about 40% in two days

FRX.WS moved 170% in two days

Hog's Gone Fishin 02-20-2021 11:09 AM

ALTU

ALTUW......warrants

Might be worth looking at

Buehler445 02-20-2021 11:31 AM

Quote:

Originally Posted by KCUnited (Post 15558236)
RE: HSA investing. Does your HSA admin only let you invest in certain funds?

My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a reerun that can barely read.

Typically.

My 401K from back in the day had a similar amount of options.

EPodolak 02-20-2021 11:54 AM

Quote:

Originally Posted by Hammock Parties (Post 15558237)
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.


Every mortgage conversation includes that part about the maximum they'll let you have. Dealing with lenders is always a reminder of how humans often treat each other like sh*t.


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