Jag_Warrior
Favorite team: | Virginia |
Location: | Virginia |
Biography: | A burned out 80's banker who's found salvation in manufacturing. |
Interests: | Cars, Racing, Investing... Cars, Racing |
Occupation: | |
Number of Posts: | 4034 |
Registered on: | 5/1/2015 |
Online Status: | Not Online |
Recent Posts
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re: Legal advice - 403(b) plan
Posted by Jag_Warrior on 3/28/24 at 3:53 pm
[quote]We are having a hard time opening an estate account for my father since he has passed away.[/quote]
First, I’m sorry for your loss. I lost my mom a couple of months ago too.
As to the above, you open an estate account upon/after the death of the person. As executrix, your sister would d...
re: Just got a rewards CC.. what are the best ways to get to your intro rewards goal?
Posted by Jag_Warrior on 3/28/24 at 12:50 pm
[quote]They do not. I purchase the CD on the first day of the statement period. I'm not paying off that purchase for another 60 days.[/quote]
That’s good to know. I’d never considered this before. Just to scalp a bit of interest, I’ve taken 0% loan offers and stuck the funds in CDs and/or bills. ...
re: Advice on buying something on ebay
Posted by Jag_Warrior on 3/28/24 at 9:58 am
[quote]Counterfeits are the primary concern, not financial information being stolen.[/quote]
I totally agree.
Being a (recovering :lol:) diecast model and racing memorabilia collector, I’ve been buying items off EBay for 20+ years. I’ve never had an issue related to payment security, but I ha...
re: Options Trading Thread
Posted by Jag_Warrior on 3/28/24 at 9:49 am
[quote]We have turned it around and now I'm looking to open a trade account for the business. So I'm researching platforms for that.[/quote]
I can’t speak with certainty about what Schwab might change or modify in the Think or Swim platform going forward, but that’s what I’ve been using for years...
re: Options Trading Thread
Posted by Jag_Warrior on 3/28/24 at 9:28 am
[quote]I really need to expand my knowledge in SPX and VIX.[/quote]
I still do some lighter equity options trading in my tax advantaged accounts. But to keep the lights on in my trading business, I only trade index options now. The liquidity and the tax advantages are the main reasons.
[quote...
re: Just got a rewards CC.. what are the best ways to get to your intro rewards goal?
Posted by Jag_Warrior on 3/27/24 at 11:26 am
The credit card issuer doesn’t treat this as a cash advance? And I’m guessing that you have cash in reserve to pay off the CD purchase on the card by the next billing statement? ...
re: Options Trading Thread
Posted by Jag_Warrior on 3/27/24 at 8:29 am
Thanks BCreed1. Although last week was excellent, I’ve been a little lazy in coming back to this thread. I just did my “normal” large lots of SPX synthetic strangles and spreads. Went great, but I didn’t feel like I had anything special to mention. I haven’t done much this week because the VIX is ba...
re: Anybody else using their HSA as a retirement vehicle?
Posted by Jag_Warrior on 3/26/24 at 9:04 am
[quote]Any recommendations for a place that will let me invest or pay more interest?[/quote]
Fidelity was mentioned above. A couple of others are Lively and Optum. I happen to use Lively and have brokerage services through TDA/Schwab.
I can do anything in the HSA brokerage account that I do i...
re: Anybody else using their HSA as a retirement vehicle?
Posted by Jag_Warrior on 3/26/24 at 8:59 am
[quote]I’d be interested in reading a thread about your experience with this.[/quote]
Here’s a link that you might find helpful. I know people who’ve joined Samaritan and CHM. The feedback I’ve heard has been positive with both. I looked at CHM when I was planning my retirement (well prior to Med...
re: Anybody else using their HSA as a retirement vehicle?
Posted by Jag_Warrior on 3/25/24 at 1:07 pm
[quote]You do not have to use the HSA your company tells you to use. It is not like with a 401k. Open a HSA account with one of the major brokers, and instruct your company’s payroll that HSA funds are to go there. Roll over whatever you have now into that account. Then trade how you want to.[/quote...
re: 401k - Northwestern Mutual
Posted by Jag_Warrior on 3/23/24 at 9:28 am
That was the administrator of the plan for a company I worked for several years ago. I can’t recall any deep details about the fees or being overly dissatisfied. But I also don’t recall being sad when the employer switched to Fidelity. I think because the investment offerings were more to my liking....
re: Dividend Growth Investing
Posted by Jag_Warrior on 3/23/24 at 9:17 am
[quote]It's basically free brokerage account and if you knew how many trades i made in my non dividend account each year then i consider it even.[/quote]
I’m a little confused or maybe I’m misunderstanding. Are you saying that in your non Wells non-dividend investment/trading account that you do ...
re: Dividend Growth Investing
Posted by Jag_Warrior on 3/20/24 at 8:55 am
[quote]Make sure to time your buys right with MO. [/quote]
[quote]What drives all of that volatility besides earnings?[/quote]
Recently it was rumored that Altria was looking at selling part of its position in under performing Anheuser-Busch. That turned out to be true, as the company announ...
re: CMG stock split coming 50:1
Posted by Jag_Warrior on 3/20/24 at 8:23 am
[quote]You can cut a slice of pizza up a hundred times but it’s still just one slice of pizza.[/quote]
I agree. Good analogy. Studies have shown that it’s just psychological.
With many/most brokers now offering $0 commissions on odd lots and some even fractional share purchases, you’d think m...
re: I took it up the Hershey Highway today
Posted by Jag_Warrior on 3/18/24 at 8:20 am
[quote]No matter how hard I try, I can't escape the human element of FOMO and have to buy stocks like RIVN that are in the news.[/quote]
It sounds like you have a gambler’s mentality, not that of an investor or even a trader. Serious question: do you like or engage in sports or table gambling too...
re: Dividend Growth Investing
Posted by Jag_Warrior on 3/16/24 at 10:03 am
[quote]ARCC is a different story altogether at least[/quote]
True. I’ve owned ARCC for much longer and I’m pleased with its total return performance.
I don’t believe in staring in the rearview mirror while driving forward, but yeah, in a coulda/woulda/shoulda exercise, I wish that I [i]woulda...
re: Wanna yolo? Buy some calls on volatility.
Posted by Jag_Warrior on 3/14/24 at 9:19 pm
No offense, but that’s a very popular myth....
re: Wanna yolo? Buy some calls on volatility.
Posted by Jag_Warrior on 3/14/24 at 6:55 pm
[quote]This board has no idea what you’re talking about.[/quote]
I’d say that you’re largely correct. But his YOLO has more substance than 99% of the ones that get floated on here. I've been following his posts for awhile and he’s not a great pretender (although that is a cool song :lol:).
Lea...
re: I took it up the Hershey Highway today
Posted by Jag_Warrior on 3/14/24 at 5:35 pm
If it makes you feel a tad bit better, you could have been long FSR. -8.7% on Rivian is a heck of a lot better than -51.4% on Fisker. Even TSLA was down another 4.1% today.
Just a bad time for EV and lithium plays. ...
re: Robinhood IRA
Posted by Jag_Warrior on 3/14/24 at 11:49 am
[quote]I would think it means you have to be a valued customer by trading a lot.[/quote]
It’s just a $5/month subscription. I don’t believe any particular level of trading is required. ...
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