Useless Thread MDCCLIII: NHL 20 IS OUT NOW ON EA ACCESS! DROP DATE SEPT 13 2019

Status
Not open for further replies.
Sep 19, 2008
374,023
24,909
message to the haters

eh4uuGc.jpg
 

LarryFisherman

o̯̘̍͋̀͌̂͒͋͋ͯ̿ͯͦ̈́ͬ͒̚̚
May 9, 2013
6,376
2,668
Arvada, CO
that'as what a 401k is for

if you already have that it comes out of your paycheck

doesn't mean you should still save especially when you're a single bachelor with no girlfriend to buy gifts for or kids to support

This just is not correct. For one, both my vangaurd and td ameritrade etf's outperform my work-driven handcock 401k. They match up to 10k, so i contribute and get their free money, but it wouldn't make sense for me to dump everything I own into it after that when that same money can work harder elsewhere.

Also, diversification is a real thing. You wouldn't put all of your money into a single stock, and you shouldn't keep all of your money in a single location. That way, if something happens - say the index that your 401k plays in gets Enron'd and completely shits the bed, you haven't lost all your money. Diversify, diversify, diversify.

I funded my td ameritrade account with 10k and set it to high-risk. I could afford to take that hit if things shit the bed. I just bought it after the awful month of august so i'm hopeful things can turn around. My vanguard account is much more nested and low-risk. I use Robinhood like an autist to get my gambling out and try to swing for the fences. I usually keep it 2k and under because that shit is dangerous.

Imagine just lumping all your cash into one f***ing place, LMAO.
 
Sep 19, 2008
374,023
24,909
This just is not correct. For one, both my vangaurd and td ameritrade etf's outperform my work-driven handcock 401k. They match up to 10k, so i contribute and get their free money, but it wouldn't make sense for me to dump everything I own into it after that when that same money can work harder elsewhere.

Also, diversification is a real thing. You wouldn't put all of your money into a single stock, and you shouldn't keep all of your money in a single location. That way, if something happens - say the index that your 401k plays in gets Enron'd and completely ****s the bed, you haven't lost all your money. Diversify, diversify, diversify.

I funded my td ameritrade account with 10k and set it to high-risk. I could afford to take that hit if things **** the bed. I just bought it after the awful month of august so i'm hopeful things can turn around. My vanguard account is much more nested and low-risk. I use Robinhood like an autist to get my gambling out and try to swing for the fences. I usually keep it 2k and under because that **** is dangerous.

Imagine just lumping all your cash into one ****ing place, LMAO.
tOyuY2u.jpg
 
Status
Not open for further replies.

Ad

Upcoming events

Ad

Ad