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uh-oh · 07-23-2018, 06:06 AM

i never looked into any of this shit either. never understood it really, i mean i understand the basic ideas of trading and shit but its never really seemed like something to do. i'd rather bet sports or something i can wrap my head around.

but i mean there is always n-vesting. where you invest in controversies of the n-word. papa john says the n-word, prices drop, buy in because its a giant corporation that still has 1000's of stores, no change in production blah blah, sell the next day or so when the prices normalize. profit.

but you need money to throw around

im still waiting on the new ownership to roll out the 401k plans but its slow going. i thought about opening a roth IRA but haven't yet. thats basically a retirement account you pay into without paying taxes on it until you withdraw it. i think there are penalties associated with it if you withdraw anything before you are 59. which is why i havent messed with one yet

im shit at saving money so i opened an acorns account. its an app for your phone that collects the spare change from all your transactions. i don't use cash anymore so its been racking up for me since its linked to my card/paypal. also you can set up recurring deposits and just deposit money wherever. the only downside is you don't pick what you are investing in. but its a simple investing account, you choose from different "portfolios" which basically are like safe, which is alot of bonds and other shit that ain't gonna get a ton of money but aren't as volatile, and aggressive which is alot of stocks and shit. which im using. but varying degrees from safe to aggressive

im basically just using it as a savings account i forget exists because its not actually a savings account with my bank. i got it set up to take 100 a week, plus all the change from my transactions. figure i'll wait a decade and see whats in there. but with a regular investing account i can take it out whenever

think its 1 dollar a month to have it. but word

i don't know any of this shit either. im still new to having a good paying job and too prone to blowing my money.

07-23-2018, 06:06 AM	#7
uh-oh DA GOD Join Date: Jan 2013 Location: Canton Ohio Posts: 12,362 Battle Record: 1-0 Champed - Beat Battle II - Beat Battle V - Beat Bags Rep Power: 84181420	i never looked into any of this shit either. never understood it really, i mean i understand the basic ideas of trading and shit but its never really seemed like something to do. i'd rather bet sports or something i can wrap my head around. but i mean there is always n-vesting. where you invest in controversies of the n-word. papa john says the n-word, prices drop, buy in because its a giant corporation that still has 1000's of stores, no change in production blah blah, sell the next day or so when the prices normalize. profit. but you need money to throw around im still waiting on the new ownership to roll out the 401k plans but its slow going. i thought about opening a roth IRA but haven't yet. thats basically a retirement account you pay into without paying taxes on it until you withdraw it. i think there are penalties associated with it if you withdraw anything before you are 59. which is why i havent messed with one yet im shit at saving money so i opened an acorns account. its an app for your phone that collects the spare change from all your transactions. i don't use cash anymore so its been racking up for me since its linked to my card/paypal. also you can set up recurring deposits and just deposit money wherever. the only downside is you don't pick what you are investing in. but its a simple investing account, you choose from different "portfolios" which basically are like safe, which is alot of bonds and other shit that ain't gonna get a ton of money but aren't as volatile, and aggressive which is alot of stocks and shit. which im using. but varying degrees from safe to aggressive im basically just using it as a savings account i forget exists because its not actually a savings account with my bank. i got it set up to take 100 a week, plus all the change from my transactions. figure i'll wait a decade and see whats in there. but with a regular investing account i can take it out whenever think its 1 dollar a month to have it. but word i don't know any of this shit either. im still new to having a good paying job and too prone to blowing my money. __________________ EVERYBODY I KNOW GOT WEED OR GOT POWDER BUT I AINT GOT EITHER. GOT ALOT OF DEMONS