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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 01-28-2021, 10:39 PM   #6901
Ninerfan11 Ninerfan11 is offline
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Sell, transfer money, buy. But don't sell any GME you may have, as there is some chance you won't be able to buy again. Realistically you'll have two accounts on two brokerages for awhile.
If i sell I'll have to pay crazy taxes, trying to avoid giving RH my money
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Old 01-28-2021, 10:49 PM   #6902
eDave eDave is offline
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Looks like Robinhood is allowing GME buy orders again?
Limited Throttled.

To ninerfan; I hear Fidelity is covering the Robinhood transfer fee of $75.
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Old 01-28-2021, 10:57 PM   #6903
Hog's Gone Fishin Hog's Gone Fishin is offline
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This is the beginning of the end of the bull market.

Seen this silly shit too many times before a crash.

I'm betting 20-25% drop very soon.
Chris Sain just said same thing but 10-15% correction. Buying opportunity coming. Get dry powder ready to pounce when it happens.
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Old 01-28-2021, 11:03 PM   #6904
ChiliConCarnage ChiliConCarnage is offline
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Originally Posted by eDave View Post
Limited Throttled.

To ninerfan; I hear Fidelity is covering the Robinhood transfer fee of $75.
Most brokers will credit you the fee. At least once

Generally, you can get bonuses for moving your money around.
https://www.bankrate.com/investing/b...count-bonuses/
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Old 01-28-2021, 11:05 PM   #6905
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As long as interest is next to zero the market won't be down long. What are you going to do? Buy a CD for .5% or less?
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Old 01-29-2021, 07:43 AM   #6906
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Old 01-29-2021, 02:29 PM   #6907
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Robinhood currently has a limit of 1 share of GME per account. I’m glad they opened up so much after yesterday.
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Old 01-29-2021, 04:15 PM   #6908
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down 600 ....thanks Joe
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Old 01-29-2021, 04:34 PM   #6909
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down 600 ....thanks Joe
I get what you are trying to do here (again) but it's just not interesting to anybody, save a few who think as you do. Beyond that, it has no place here and literally everyone else has been able to refrain from your behavior.
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Old 01-29-2021, 05:12 PM   #6910
scho63 scho63 is offline
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Robinhood currently has a limit of 1 share of GME per account. I’m glad they opened up so much after yesterday.
Sounds to me like they are trying to help the short sellers.....

Not sure what purpose this is serving. Calling it "protecting the little guy" is Bullshit.

I wonder who called these guys and others and told them to throttle it down. Any other brokerages limiting buys in these 7-8 heavily shorted stocks?

GME, AMC, Nokia, Bed Bath, Blackberry, KOSS, and the other few
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Old 01-29-2021, 05:37 PM   #6911
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**** Robinhood. I hope this sinks them.
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Old 01-29-2021, 05:59 PM   #6912
DaFace DaFace is offline
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down 600 ....thanks Joe
I let it go once. Bye.
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Old 01-29-2021, 06:41 PM   #6913
scho63 scho63 is offline
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**** Robinhood. I hope this sinks them.
They sure aren't acting like Robin Hood.
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Old 01-30-2021, 05:09 PM   #6914
lewdog lewdog is offline
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EXAS should be on your radar.

Also, I bought AMC premarket last week for $850 and made $1k before my balls tucked inside my body and I sold. Appears to be a good choice so far. It's straight gambling at this point but it was kind of fun.
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Old 01-31-2021, 01:05 AM   #6915
Buehler445 Buehler445 is offline
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So my kids (3 and 7) are getting some reasonable amounts of cash built up in their savings accounts. Not huge money, but I'm a total chode and haven't bought them any toys with a single cent that anyone has given them for baptism, birthday, Christmas, whatever.

So it's currently in a savings account earning dickall. I'm fairly strong in getting it into some kind of investment account, question is to what?

I know the trendy thing to do is a 529 plan, but there is a real discussion to be had about the future of college and my kids opportunities there. Unless something changes, probably structurally, I think there are very real chances my kids won't go. As a guy with a graduate degree, I hope they do, but it isn't in their best interest to go blow 100K on something they're not going to get a return on. Nonetheless, some flexibility might be a little better.

A standard investment account might be prudent, and probably what's going to happen, but if they indeed use it for college, paying, you know...TAX when they're in their second semester isn't appealing.

I tossed it to the wife that maybe we should start a Roth for the kids, even if they don't put any more in it until after college, they should have serious gains and a hell of a head start. She wasn't thrilled about the idea, thinking they couldn't get it out if they needed it. After 5 years they should be able to borrow the basis. Plus, I think there is some value in the fact there are barriers to exit. If my kids suck (hey, my sister exists), and I can't pass on anything, they'll still have something come retirement.

Anybody have any thoughts on this?
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