/biz/ - Business & Finance

> vested RSUs from December are already up a few thousand $$ because of the last 3 weeks
It's like getting a second yearly bonus. EZ money baby.

> up $40k on $DIS this year
Feels so good bros.

>>18444354

Draft Kings announced that they'll be going public through a reverse merger sometime next year. They have a SPAC shell company that's already on the NYSE as $DEAC, which jumped 20% last week on the news. Since this won't be going the traditional IPO route, it seems like there won't be much visibility into Draft Kings' books until much later. By going SPAC specifically, it feels like less of a liquidity crisis and more of a cash-out for founders/investors/etc.

Any thoughts on how I should approach research on this? My gut says that it's a good growth buy, but it's hard to determine a good valuation without the oversight that an IPO provides.

This is the first year that I've maxed by 401k and IRA, and hopefully I can continue that moving forward. My 401k plan doesn't allow after-tax contributions so I can only hit 18k instead of 54k. I have both Traditional and Roth plans, hoping to use Traditional accounts for retiring early (when my tax bracket is 15-20% lower) and Roth conversion ladders for the intermediate period b/c of the 5 year vestment.

Taxable brokerage account didn't grow _too_ much (~20k), but this is expected as 1) didn't have much in the market this year and 2) most of it is in passive Vanguard funds. I'm hoping that within five years the proverbial engine will kick into gear and my passive income will eclipse my working income.

Gross was ~110k. Changed jobs and moved across state lines, so was off for most of June. Still solid, though.

All in on LUX and rent for months.

>holding XLM

>p&d group moves
>they don't know I'm still with them