First Stock Buy

So I opened a Roth 401K to make them tax free gains. I wanted to have a place to put the $1200 TrumpBux into. So I have $200 in the account just to try it out and was looking to buy something under 5$. What are your suggestions for the week after the close of today's market? Anyone from /SMG/ want to drop a gem on me? (P.S. I already have a position in LINK. I was looking to diversify a little into stocks.)

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Fuck off

No. I don't think I will.

Its all a gamble fren. You would have to dyor but asking this question in /smg/ might save you from the shitposts the cryptofags will brigade you with

thanks fren. I didn't want to hijack an /smg/ thread but from the first response I got I can see it might be a better option.

> Roth 401k
> tax free gains
not really, they're taxed on withdraw, not to mention you'll be old.
check out the op post on /smg. You probably want vanguard funds or some kind of managed portfolio. Gains mean taking on risk, otherwise enjoy that 7% YoY (except when it's not)

My gosh, a whole 200 United States Dollars! user is a baller here. Keep it up user, you might be able to afford the latest iPhone by the time you're 80.

If you are over 17 just KYS.

VOO
VIT
just pick a target date fund or go all in on SQQQ

Roth? You plan on living forever to see those gains? Close that account and all in btc. Learn options instead

Is the bonus with not picking a target fund date in that you're a bit more aggressive by avoiding bonds all together and you have lower expenses?

Yeah, why eat when retired, when you can starve now. Right?

but for real buy proshares DIG and watch your money tripple by next year. Just buy it and dont look at your portfolio for a year.

Dwsh fur der next mont

actually user. The money put into a ROTH are taxed already any gains made on it are tax free. There is no tax at withdraw there is only a requirement that the funds can't be accessed for 5 years.
Yes, I plan on living for more than 5 more years. I already have a small investment in LINK and if it does what it's supposed to do by 2025 I will be fine.
Thanks user I will research.
Thanks user I will research.
You're clearly a dumb young faggot who doesn't understand the world.
Your reading comprehension is terrible. How will survive reality.
Herr derr fuggin a

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Roth isn’t taxed on withdraw, zoomer, traditional is.

Why dont you just go all in on link retard

It's called diversification buddy. In case Sergay turns out to be a pedo or something and LINK fails. Or even worse Sergay loses his mind from the constant bombardments of LINK marines and he does something rash. You never know. I just want to create more than one source of income.

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You will never become rich if you dont go all in. All you will do is at best make tiny gains. You think buffet didnt all in everytime his daddy congressman gave him a tip?

Dont take this bet. Dollar cost average in. Buy only solid companies that you know will be around in 10 years. Do not buy some bullshit fake meme internet coins. That would be the worst decision you could ever make

Dude. I have already went all in on LINK and it felt great. Now, there is an opportunity to invest $6,000 a year into the stock market to make tax free gains. It is idiotic to not leverage that opportunity also. It's not like I can flip my LINK stack over and over again without incurring Tax Liabilities, but I can flip the ROTH as many times as possible and create zero tax liability. I'm currently on disability finishing my MBA. I don't want to have to report income of any kind right now.

All in link/btc then Roth after 2022

Why would you buy a stock just to have it go down and buy more? Just wait for it to bottom

Your tiny gains will meaning nothing when link hits 100 dollars by the end of the year

I don't think LINK is going to reach $1000/token until 2025. The prices on stocks right now in some cases are really good it seems foolish to wait until 2022 to take a position.

If LINK hits $100 a token then I'll be up $68K.

I got my stack of LINK @ $1.34 a token, for some reason I'm having a real hard time to get myself to buy at these prices.

I'm a retarded gambler but i'm all in btc/link until after this next halving run. Can always max out a Roth later.

That's all? When it hits I'll literallly be a millionare

I bought mine at 4.60. Peanuts for when its 100

That's great for you. I'm glad you had more money than me to throw around. For a person on disability, who makes 9K a year. 68K from my 950$ investment seems pretty damn good. I'm not planning on selling at $100 though. I believe it will go to $1000 by 2025. If I were to purchase LINK with my TrumpBux, then I would be able to get about ~340 LINK. I would be paying an extra $300 for half of what I have now. I don't know. I do enjoy holding LINK.

More the reason to all in link instead

There's a penalty if your not 60

There are qualifying reasons that would constitute a tax free withdrawal. I'm already considered disabled. So I could meet the requirement.

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