Comments

You must log in or register to comment.

VisualMod t1_j65jg8y wrote

User Report
Total Submissions 0 First Seen In WSB 9 months ago
Total Comments 189 Previous Best DD
Account Age 10 months [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive

1

idreaxo t1_j65kc2v wrote

Damn! Was that ur savings?

6

pw7090 t1_j65l3b4 wrote

What kind of fomo made you jump in at 157?

7

iefhno OP t1_j65lz76 wrote

Replying to pw7090 (#1,537,857)

Honestly just been paying attention to this signal and this one in particular stood out like a sore thumb so I took a chance... I know it's stupid to blindly trust a signal but I feel like I have decent intuition. I've also dug my own grave sticking to that theme though so idk lol.

−9

StormyMfT t1_j65pw69 wrote

Good shit regard, what price are you pulling out at?

1

Al42us t1_j6660ey wrote

It’s crazy I had 50 shares at 157.70 sold at 158.80 because I was holding for almost a month. Average down from 170. I wish I had the balls you guys have

6

rubyone2 t1_j66bih5 wrote

FOMO his dads retirement. Buy high and sell low is the way.

This is how bear market rallies are formed.

22

sol364 t1_j66he8r wrote

Damn I need to invest in making a kid like this

4

Able_Web2873 t1_j66pebm wrote

Your dad only has $765k in retirement? I hope he’s under 50 years old otherwise only place he’s retiring to is a 3rd world country

6

jrm423423 t1_j66z0o4 wrote

What are “back boys”?

Commas are important

8

inverse2win t1_j677epf wrote

Oh man, hate to say it... but it's time to sell

2

hbkx5 t1_j67weun wrote

Suggest you buy dividend stocks, You could have continual income for the remainder of you life with the wealth you have now. Depending on the stocks you choose you could invest around $400,000 and have about $30,000 passive income each year. If you would like a list let me know and I will post.

8

Chapin_Chino t1_j68952e wrote

Gonna put your dad in retirement with a 90k gain?

10

Qzy t1_j68f905 wrote

Good job Ian!

12

KevDavRod t1_j68use6 wrote

There are also signs that Americans may be increasing their retirement savings, as the average retirement savings increased by 13%: from $87,500 to $98,800, according to Northwestern Mutual's 2021 Planning & Progress Study.

1

Severe_Set5371 t1_j694pgg wrote

I have to ask regardless if you tell me or not, but wtf is that second pic? Is it a program you developed?

1

MrDonnyHi t1_j69xuf9 wrote

The fomo is real. The greed meter is off the roof. Hopefully they don’t pull the rug

1

VT_Eric t1_j6ayvbz wrote

Killer bro. Set a SL at +75k and chill.

1

hbkx5 t1_j6beuoh wrote

Replying to Yoda2000675 (#1,556,079)

Yes and no, dividends are great to live off of and invest with. They would still have extra money from the amount they listed to invest and grow with if they pleased. If they live cheaply for the next 10 years of their life they could pay off a home and a car from the dividend. The remainder of their life could just be passive dividend money they mostly invest with.

Over the course of their life time (if they are somewhat young) It is a much better investment than most, however I do agree they should diversify. A mix between stocks for dividend, some stocks for growth, a small business with little to no maintenance / rental property, high interest hedge fund, alternative investments (something collectable that goes up in value over time, comics, lego's ect.), personal checking /savings / cash and finally a small amount of crypto (about 1% of total wealth) would be ideal IMO.

I am also big on generational wealth and building a better tomorrow for your descendants so that hopefully they can live a better life and in turn pass that wealth and tutelage on to their kids, so on and so forth.

1

Yoda2000675 t1_j6bm8zd wrote

Replying to hbkx5 (#1,570,224)

I just meant that they’d average out to get better returns by focusing on growth stocks and ETFs long term.

Dividend stocks tend to underperform just slightly because they generally aren’t going to grow much. Having dividends auto buy partial shares is by far the best way to use them and ends up avoiding the issue of dividend cash income being taxed at the rate of income tax rather than capital gains.

1

codemonkey14 t1_j6bot4i wrote

Replying to Yoda2000675 (#1,556,079)

Theoretically, if I have an investment that provides me a middle class income for 0 work consistently for the rest of my life, why the hell would I care if I “missed out on a lot of growth”? That basically gives you “fuck you” money.

1

Yoda2000675 t1_j6brbem wrote

Replying to codemonkey14 (#1,571,795)

Not with inflation. If you pocket your dividends every time instead of reinvesting; then you will end up making less as those stocks wont grow to keep up with it.

Companies only pay big dividends when they’re effectively done growing.

1