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/biz/ - Business & Finance

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53672065 No.53672065 [Reply] [Original]

>be me
>get 20k in my 401k for working at some crap company
> quit after a year
>Roll it over into a rollover IRA
>Thinking about just putting 20k into SPY

Thoughts?

>> No.53672083

my thought is that you are lying and still working for said company

>> No.53672110

>>53672065
I'd wait until Jerome says there will be indefinite pauses in rate hikes. Don't listen to these retards who are trying to frontrun it. Wait until he actually says it.

>> No.53672113

>>53672083
...what?

Why would anybody lie about that?

>> No.53672119

>>53672065
Wait until the new all time high... That's the biz way

>>53672110
See

>> No.53672122

>>53672110
This is a smart answer. I've just been watching spy and it was below $400 a share just a few days ago. With an investment like spy, I'm playing the long game so I'm not worried about it.

That said, if there's a fooking crash in 6 months like we had in 2020 I'm going to suffer epic butthurt.

>> No.53672132

>>53672119
>Wait until the new all time high... That's the biz way

Can you elaborate? I'm kind of new to this.

>> No.53672182
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53672182

>>53672110
>Wait until he actually says it.
retard

>> No.53672205

>>53672182
Exactly. It’s too late by then. Some idiots just aren’t meant to make money. Loading up on tqqq.

>> No.53672275

>>53672205
How do you know when to do it though?

Timing the market is generally not advised.

>> No.53672358

>>53672065
Wait for the local bottom.

>> No.53672370

>>53672182
Low IQ post.

>> No.53672394

>>53672275
Monthly MACD cross to the upside.

>> No.53672397

If you buy now, you should only buy value stocks which are severely undervalued.

e.g. https://valuestock.substack.com/

>> No.53672403

>>53672275
It not being advised is for legal reasons. The reality is you have to come to terms with the fact that unless you have insider info you're rolling the dice.

>> No.53672477

You all know the whole market is about to collapse, right?

>> No.53672493

>>53672477
Do you’re short, then?

>> No.53672503

im an actual expert.. but dont listen to me, im just pondering out loud.

Hmm if only there were medium/high risk non penny stocks that dont move up and down with the market and with bluechips..

Something that can go from 1.50 to 200 dollars in 3 years.. Something with a fundamental background, disruptive science, and heavy famous investors..
Something like AMRS

>> No.53672532

>>53672493
Probably a bad if they decide to run once last bull trap.