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VisualMod t1_j235421 wrote

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1

bagvwisthsjsjsjjs t1_j235nkq wrote

Jesus Christ dude. That’s supposed to last you until 65. You hardly lasted a year. Get your shit together and stop investing in high beta stocks.

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[deleted] t1_j23bjke wrote

Never gamble on a Roth IRA account: buy VOO consistently and forget about it

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ryyanorainy t1_j23coya wrote

Fuck all the hate, you came this far put the rest into LUCID and Roblox or make it back with far out put options. You got nothing to lose at this point

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Dothemath2 t1_j23eyiy wrote

I would wheel INTC. Collect dividend and cc premium tax free. Safe investment for years. Low PE, big expansion coming, already severely beaten down.

2

Muggrohh t1_j23jiqc wrote

Replying to ryyanorainy (#1,141,962)

Warren Buffett quote

“It is true that a very important principle in investing is you don’t have to make it back the way you lost it... in fact, it’s usually a mistake to make, try and make it back the way that you lost it.”

A good principle to remember

3

Kypeeeee t1_j23qggy wrote

Looks like you still have room to lose, keep going till you hit 0, I believe in you!

4

[deleted] t1_j23rl2b wrote

Close the account and save the money in home.

2

WhiskyPapa911 t1_j23zjd1 wrote

Bro, your roth ira suppose to be your safety net. Why are you gambling with your retirement found? Stick with index funds and nothing else.

6

IVCrushingUrTendies t1_j24cc4m wrote

Idk why ppl are freaking out. 401k is don’t touch. Roth is a good way to gamble tax free. Just switch to trading SPXL SPXS, 3x bull bear ETFs. When you feel confident but a single SPY call or put like 1 week out for a couple hundred bucks and sell after a day. You’ll get it back np

4

ChuckyMed t1_j24q422 wrote

Literally just put everything on VOO and live your life. You will outpace all the glue eaters here

3

Kirilav t1_j24wp11 wrote

Since I’m a degenerate at heart I do 70% VTI & 30% AVUV to satisfy my gambling needs.

1

Explosive-Space-Mod t1_j250evz wrote

Replying to [deleted] (#1,150,487)

> ceteris paribus

Isn't this the reason for the ROTH in the first place? Hedge against raising taxes on large amounts of money so you pay in a bunch while you're in the lower tax brackets so when you retire you don't get Uncle Sam giving you a proctology exam with his hands on your shoulders.

2

ZenStocks t1_j251xmn wrote

How the hell did you do that? 😂 You must be young so it probably doesn't matter. My advice: don't repeat what you were doing 💀

1

Explosive-Space-Mod t1_j2528do wrote

Replying to [deleted] (#1,153,393)

I'm with you on the not gambling part. It's the "All things considered the same" bit which is hardly the case when talking retirement plans.

My retirement plan is in an index fund with deposits each paycheck and if I feel like gambling I just go mess with crypto for a little bit and lose it there instead of with stocks.

1

brucekeller t1_j25b0ay wrote

Replying to [deleted] (#1,141,732)

Buffett didn't get rich by buying VOO. But it probably would help to get companies that have earnings and are undervalued. OP likely had their Roth in straight up memestocks bought at the top. At least they did it while the Roth was so small instead of blowing a few hundred thousand or something.

−1

dramarehab t1_j25vmji wrote

Pull all your money out before you lose it all LMAO

1

blaked_baller t1_j26hrvb wrote

Replying to DvisionX (#1,160,547)

Im rlly regarded so I have a 401k, roth, and an individual account where I buy n forget.

But I go crazy dumb stupid in another individual account. I have to keep this 3:1 ratio or I'd be on the streets with how my option plays have been going

2

hosea_they_heysus t1_j26rne9 wrote

Depending on how old you are, buy stocks that are riskier/safer. If you're in your 20s or early 30s a loss like that is no big deal. You've got years to make it back. Pick stocks that are a wee riskier and have potential to give higher returns. As you pass your 30s tho, you want to go more towards the safer slow movers like VOO or SPY etc. Etfs with lower risk so you don't have to worry about your retirement as much and you can switch the riskier gainers into safer slow movers

2