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Post by Reagan on Aug 7, 2024 8:30:16 GMT -6
It’s #2 for sure.
But I try not to even follow any of it anymore I’ll cast my vote early, then the left will add that to the total number of votes they need to produce from nothing. I’ll be in a tree Election Day.
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Post by buckvelvet on Aug 7, 2024 12:43:01 GMT -6
Does anyone mess around on Robinhood or Acorn?
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Post by Bwoods11 on Aug 7, 2024 13:33:22 GMT -6
Does anyone mess around on Robinhood or Acorn? My youngest son has an account with Robinhood, and brags it up ? I don’t know, I might add one. I think you get like 4.5% on money not invested? Like a cash account …
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Post by Sandbur on Aug 8, 2024 18:56:47 GMT -6
Are we almost there?
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Post by MoBuckChaser on Aug 8, 2024 18:59:18 GMT -6
Does anyone mess around on Robinhood or Acorn? My youngest son has an account with Robinhood, and brags it up ? I don’t know, I might add one. I think you get like 4.5% on money not invested? Like a cash account … Why would he take 4.5% when Vanguard and Fidelity are 5.3?
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Post by sd51555 on Aug 8, 2024 19:16:33 GMT -6
My youngest son has an account with Robinhood, and brags it up ? I don’t know, I might add one. I think you get like 4.5% on money not invested? Like a cash account … Why would he take 4.5% when Vanguard and Fidelity are 5.3? USFR is 5.42% and exempt from MN's 8-10% income tax, making it a tax adjusted 5.88% risk free rate. No minimums.
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Post by MoBuckChaser on Aug 8, 2024 19:23:12 GMT -6
Why would he take 4.5% when Vanguard and Fidelity are 5.3? USFR is 5.42% and exempt from MN's 8-10% income tax, making it a tax adjusted 5.88% risk free rate. No minimums. Probably others are better than even that. Point is why take in the 4% range when it’s easy to get better
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Post by sd51555 on Aug 8, 2024 20:54:50 GMT -6
USFR is 5.42% and exempt from MN's 8-10% income tax, making it a tax adjusted 5.88% risk free rate. No minimums. Probably others are better than even that. Point is why take in the 4% range when it’s easy to get better Robinhood has other problems. They did some real shady shit to their customers when the Gamestop squeeze was on. They basically shut the site down when the Gamestop shorts needed what they were doing stopped. They also front run everyone's trades letting the algorithmic traders get in front of whatever they're doing. Free is never free. The HSA at my new job has no maintenance fees. But they also pay 0.01% on deposits. That's a hefty fee.
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Post by Foggy on Aug 9, 2024 8:14:37 GMT -6
Probably others are better than even that. Point is why take in the 4% range when it’s easy to get better Robinhood has other problems. They did some real shady shit to their customers when the Gamestop squeeze was on. They basically shut the site down when the Gamestop shorts needed what they were doing stopped. They also front run everyone's trades letting the algorithmic traders get in front of whatever they're doing. Free is never free. The HSA at my new job has no maintenance fees. But they also pay 0.01% on deposits. That's a hefty fee. We have had money in HSA accounts for many years. The financial institutions dont want that money......so we parked it at a bank. Get like zero ROI cause they dont want it either. Zero ROI has made these a loser due to inflation. Just decided to get debit cards for these accounts and spend the "investment" on our meds and such. Used to be said that this is the last money you should spend as you can transfer without tax to future generations. Sure.....but even they cannot get any interest on that money. Dumb.
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Post by MoBuckChaser on Aug 9, 2024 11:08:24 GMT -6
If we hold today Stu I think we make a run up some next week. Looks it was a 1000 point profit taking earlier.
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Post by smsmith on Aug 9, 2024 13:30:45 GMT -6
If we hold today Stu I think we make a run up some next week. Looks it was a 1000 point profit taking earlier. Kind of seems like it, I agree. I would like to see the R2K get back to 2100+ and stay there. I'm guessing there will be a lot of volatility between now and November.
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Post by sd51555 on Aug 10, 2024 10:41:20 GMT -6
Robinhood has other problems. They did some real shady shit to their customers when the Gamestop squeeze was on. They basically shut the site down when the Gamestop shorts needed what they were doing stopped. They also front run everyone's trades letting the algorithmic traders get in front of whatever they're doing. Free is never free. The HSA at my new job has no maintenance fees. But they also pay 0.01% on deposits. That's a hefty fee. We have had money in HSA accounts for many years. The financial institutions dont want that money......so we parked it at a bank. Get like zero ROI cause they dont want it either. Zero ROI has made these a loser due to inflation. Just decided to get debit cards for these accounts and spend the "investment" on our meds and such. Used to be said that this is the last money you should spend as you can transfer without tax to future generations. Sure.....but even they cannot get any interest on that money. Dumb. HSA Bank out of Wisconsin will take it, and you can link it to a Schwab account and invest it in anything you want. I’ve found no place else where u can get past a shitty menu of mutual funds.
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Post by smsmith on Aug 13, 2024 18:23:45 GMT -6
PPI came in better than expected today. If CPI does the same tomorrow, I'm guessing it'll be another decent return day. How big of a cut next month? .25 or more?
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Post by MoBuckChaser on Aug 14, 2024 4:27:07 GMT -6
How quickly the doom and gloom of a 1000 point down day is replaced by everything is all of a sudden fixed. LOL
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Post by smsmith on Aug 15, 2024 11:06:55 GMT -6
How in heck were retail sales in July better than expected? I thought the American consumer was tapped out?
R2K back over 2100
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