Use this thread to track your long-term investment goals.



Current Financial Status
403(B) - At 1 year mark at current job upped my contribution from 4% to 8% per paycheck. At two year mark when my employer starts matching 7% I'll up it to 13% so I'll have a total of 20% contribution. At 5 years if I'm still with this employer I'll up to 15% since they up to 10%. Wife works at the same institution and will also follow this plan.
Brokerage: $0. Pulling out from RobinHood and going to Interactive Brokers, starting a joint account with my wife.
IRA: $0. Need to get this set up.
Savings: No "savings" right now since we have been paying things off. Paid off about $10k in credit card and auto loans last year. Have about 8k in our checking account


2021 Goals

November I will be 2 years at my job and will up my 401k contribution to 13%.
Contribute $2k/month to a brokerage account and make safe investments that will grow over time through selling options and purchasing stocks.
IRA: Open one. Understand limits and tax implications. Invest accordingly. Shift brokerage contributions to IRA at the beginning of each year.
Savings: Kick off a formal savings account with a few thousand and contribute >$1000/month after. Ignore it until we plan to buy a house.
Debt: Since my highest interest debt is 5%, and most of it is 0%, basically just pay minimum payment and make prudent but safe investments. Pray for Biden to drop my student loan debt.


What is your current financial status and long-term goals?

Tl;Dr. Don't care about your money.

Thumbs up for me if you think doctors in america are incompetent and should earn the minimum/should vaccinate themselves and shut up forever.

You can ride my dick elsewhere thanks

Not riding anything just stating my opinion. How many lives did you saved in 2020 ?

I mean, at least you could try to be useful instead of just thinking about your fucking money idiot.

Restaurants are closed but I bet your local Mcdonalds drive is open 24/7.

America/10
"Best medicine" /10
450k deaths lmao fatty mc fatties

E/ 461k wtf. hard to keep up with 4k daily

This post was edited by Melatonina on Feb 4 2021 12:43am

so tell me, what would I have done differently? How would I personally have saved people? You know I'm not a doctor right?

Still can't tell tbh.
Btw I know someone (60 years old nurse) who got infected by covid last year in may.
She got vaccinated 3 weeks ago and from now has headaches every day, taking daily paracetamol to stop the pain (not doing much). Her doctor recommand doing the second injection.
What would you recommand ? I heard bleach is good but idk.

I cant tell if you're being serious or sarcastic.

But dont drink bleach or tell anybody else to drink bleach...

I'm serious about the nurse story not the bleach lol

Can you expand on this?

If you are doing long term investing you could just use a roth ira and not pay taxes on the gains fwiw

This post was edited by RatM on Feb 4 2021 08:10am

Buy security I think will go up or stay flat.

Sell a call that's out of the money. If it goes up above strike, roll the call over to a further date at a higher strike to break even or for a credit. If it stays the same or doesn't increase above strike by expiration pocket the premium. Repeat for more money. Can also be done with cash secured puts.

Basically just pick safe stocks and run the wheel.

This post was edited by Thor123422 on Feb 4 2021 08:14am