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BUMPED2002 04/05/20 10:10:16 PM #1: |
Do you have a stock broker or financial advisor/planner
Vote
--- SpankageBros ... Copied to Clipboard!
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Lokarin 04/05/20 10:18:43 PM #2: |
I have spare money, I wish I could just give it to someone else to make me more money
--- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos ... Copied to Clipboard!
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gguirao 04/06/20 3:53:34 PM #3: |
No.
--- Donald J. Trump--proof against government intelligence. ... Copied to Clipboard!
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streamofthesky 04/06/20 5:05:53 PM #4: |
Several years ago, I used Capital One bank. One day, they talked me into meeting w/ a financial advisor b/c all of my savings were in CDs and checking accounts not earning much interest.
He talked me into dropping $25,000 into a PIMCO bond fund after showing me how "safe" it was, only having lost money one year in the past 20+ and only like 2%. Not huge gains, but better than the bank interest. Well, 2 months in and there was a giant plunge in the bond market. After a week of losses, I finally got through to him on the phone. Asked if there was any way to take my money out w/o incurring the early withdrawal penalty, he said no. A 2nd week of losses, now down over 10% in just the two weeks (which if it was stocks...then fine....but when a "good year" is making 3% - 6% for the whole year....that's fucking nuts) and he finally admitted that I could park it in a virtually 0% interest money market account the rest of the year and not suffer the penalty, which I did so. Somehow he's not in jail. Never again. Also, I no longer use Capital One for my banking. ... Copied to Clipboard!
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Judgmenl 04/06/20 5:16:36 PM #5: |
If you have any STOCKS (yes even a 401k) you are a THIEF and are STEALING MONEY from the WORKING CLASS.
--- You're a regular Jack Kerouac I'm a Senior Software Engineer. No I don't write TPS reports, this isn't Office Space. ... Copied to Clipboard!
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streamofthesky 04/06/20 5:21:01 PM #6: |
Judgmenl posted...
If you have any STOCKS (yes even a 401k) you are a THIEF and are STEALING MONEY from the WORKING CLASS.Having stocks is fine. Companies buying back their own stock is not fine. The president, Congress, and Supreme Court justices owning individual stocks (vs. just index funds) is not fine. The capital gains tax rate being less than the income tax rate is not fine. (Friendly reminder that 401K is taxed as income, not capital gains) ... Copied to Clipboard!
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Lokarin 04/06/20 5:23:39 PM #7: |
Judgmenl posted...
If you have any STOCKS (yes even a 401k) you are a THIEF and are STEALING MONEY from the WORKING CLASS. Interesting argument; what is your basis? working class ownership of a company via stock is, well, kinda the communist ideal and is in FAVOR of the working class. --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos ... Copied to Clipboard!
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blu 04/06/20 5:29:43 PM #8: |
No, I don't have millions of dollars. The only thing I need is VTSAX and a bit of VBTLX.
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KJ StErOiDs 04/06/20 6:51:21 PM #9: |
Maybe as I near retirement, but for now; nope.
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Blaqthourne 04/06/20 9:40:42 PM #10: |
Maybe? I think my rep at where I have my IRA is a financial advisor.
--- Montreal Expos (1969-2004) http://www.backloggery.com/Blaqthourne Now playing: Ghosts 'n Goblins (NES CE) -- started 4/5/2020 ... Copied to Clipboard!
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captpackrat 04/06/20 10:24:41 PM #11: |
Financial panther, eh?
https://www.youtube.com/watch?v=mOCvylOLQVs --- Minutus cantorum, minutus balorum, Minutus carborata descendum pantorum. ... Copied to Clipboard!
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