NV is "valued" that much because of that irrational exuberance tho. There's going to be people who want to get off the wild ride before it ends.
Nvidia doubles revenue and the stock tanks. Irrational exuberance and irrational expectations are the times we're in. A 3 trillion dollar plus company doubling revenue is damn near impossible and the market pouts.
For our retirement accounts, I'm just sticking with my targets:I shifted 100% of my and my wife’s 401k+mega backdoor roth contributions to total bond market funds. Don’t want to do any selling or rebalancing really but we’re pretty overweight equities and I couldn’t trust the incoming admin less to keep the ship afloat. It’ll still take years to even get down to 80% stocks assuming the market doesn’t tank. Plus we buy plenty of VTI after tax.
Looking better now.Nvidia doubles revenue and the stock tanks. Irrational exuberance and irrational expectations are the times we're in. A 3 trillion dollar plus company doubling revenue is damn near impossible and the market pouts.
Looks like I'll ride this a bit more. Will probably sell some for my original stake soon, if it goes up some more.I've put some small amount of money on MSTR. Only question is when to exit...
Welcome back Dasher! I stopped watching Sava some time ago.Does anyone here have any inside shade on
SAVA?
It's been a moderate success for me this year. I've sold a couple of out of the money puts every few months and they've never really been threatened. Made about 10 grand total.
My latest puts expired so I sold 2 for late dec at $20 and they netted $1700. SAVA is rated a moderate buy at most places.
Are investors expecting a surprise bankruptcy or something? The prices on these puts don't really make sense.
Definitely wise to just stick with your strategy. I only made that change because I haven’t been rebalancing or sticking with a strategy — I was 100% in on US stock market until bonds started paying real money a few years ago. It’s worked out well because the US market has significantly outperformed, but now my strategy is more dependent on holding onto this money and continuing to save at high rates than making a lot of money in the market. Still my goal is to end up at my FIRE number in <10 years at roughly 70/30 or possibly more conservative stocks/bonds.For our retirement accounts, I'm just sticking with my targets:
I recently rebalanced my 401k and Roth to ensure alignment across the accounts and matching my targets, since there had been some drift. I figure my time horizon of 20+ years is fine to just stick with what I have. Don't want to play games with trying to time the market, or letting stuff spook me from my long-term plans. I do have some cash I want to invest, but I've already done a fair amount this year, and may just let that sit in a T-bill/HYSA/Federal Money Market to see how things shake out in the first 6 months. Also, some of it is going to serve as our 2025 Roth contributions.
- 36% international stock
- 54% domestic stock [40/60 international/domestic stock split]
- 7% domestic bonds
- 3% international bonds [70/30 domestic/international bond split]
I hadn't heard of a FIRE number before. I guessed that it meant "F It, Retire Early". I came away from a google search disappointed that it means "Financial Independence, Retire Early".Still my goal is to end up at my FIRE number in <10 years
It is kind of a stupid acronym isn’t it .. I like yours betterI hadn't heard of a FIRE number before. I guessed that it meant "F It, Retire Early". I came away from a google search disappointed that it means "Financial Independence, Retire Early".
Welcome back Dasher! I stopped watching Sava some time ago.
I've been trading MSTR and QUBT
Well I am hanging in there. 😉Hey Felix. Hope the world is treating you well.
I'm still confused about SAVA. I actually sold two more puts at $15 that expire right after new years, proving again that at least a small part of me will ever learn lol. They sold for $1500. Someone is obviously expecting a collapse. I'll have to watch it like a hawk until then.
I've got a laundry list of stocks I sold too early:
UPST
DOCS
DOCU
AFFRM
RBLX
to name a few. Trading can really drive you insane.
I sold calls on IONQ right before it took off. Nice job.
I did hold on to two of my biggest holdings - AI and NET - and thats worked out ok. I think NET will do well this year. They had a great EC.
Thank God you covered those short puts! Savas has lost nearly all it's value today.Does anyone here have any inside shade on
SAVA?
It's been a moderate success for me this year. I've sold a couple of out of the money puts every few months and they've never really been threatened. Made about 10 grand total.
My latest puts expired so I sold 2 for late dec at $20 and they netted $1700. SAVA is rated a moderate buy at most places.
Are investors expecting a surprise bankruptcy or something? The prices on these puts don't really make sense.
Thank God you covered those short puts! Savas has lost nearly all it's value today.
I think you're overcomplicating stuff. You only pay taxes on dividends and realized capital gains, it doesn't matter if it's a mutual fund or an ETF. And you only have realized capital gains when you sell shares. The brokerage will send you a 1099 with the numbers you'd need to add to your tax return - easy-peasy.Hey I've been researching tax status of index funds vs ETF's?
But it's confusing as heck and contradicting.. so asking for someone that truly knows..
Is it the index funds that add to your taxes every year if it goes up and can push you into another bracket?
But ETF's don't and are deferred till when you sell them?
Also depends on which country you live in and where your investments are.Hey I've been researching tax status of index funds vs ETF's?
But it's confusing as heck and contradicting.. so asking for someone that truly knows..
Is it the index funds that add to your taxes every year if it goes up and can push you into another bracket?
But ETF's don't and are deferred till when you sell them?
1) The total taxes between the two types are the same (unless tax brackets change). However, with ETFs you are in full control. You do not pay any of the ETF capital gains taxes until the tax year that you sell them. With index funds, if someone else cashes out and not enough people buy in, then the fund manager needs to sell some stocks. If those sold stocks have gained, then you will need to pay your portion of capital gains taxes at that time. The total amount of taxes hasn't changed, but you will pay your share earlier in this case and not necessarily when you wanted to pay the taxes.Hey I've been researching tax status of index funds vs ETF's?
But it's confusing as heck and contradicting.. so asking for someone that truly knows..
Is it the index funds that add to your taxes every year if it goes up and can push you into another bracket?
But ETF's don't and are deferred till when you sell them?
I still think it's going to go the way of the tulip, but it's been a nice ride for some people.Bitcoin passed 100k this morning.
It's over 15 years old now. It's "crashed" and been declared dead over a hundred times. It's in use all over the world. It's now being held by several countries as a reserve asset.I still think it's going to go the way of the tulip, but it's been a nice ride for some people.
I'm a buyer at 100 a coin. 😀It's over 15 years old now. It's "crashed" and been declared dead over a hundred times. It's in use all over the world. It's now being held by several countries as a reserve asset.
Just a fad.
And will it talk back to me in unintelligible accent of some 3rd world country or in std American English.It appears they make AI available for drive through restaurants among other things.