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    Originally posted by bbqfan5909 View Post
    Don’t forget IRA accounts and covert to Roth.

    We also invert in index funds and take fliers on stocks here and there. But, that is gambling and understand that all can be lost.
    How does a Roth conversion help you?

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      GME to tha moon! Good Lordy!

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        My company does not offer 401K and do not qualify for standard Roth. So, I have to convert traditional IRA to a Roth (back door IRA). Rather pay taxes now, with the idea my tax bracket will hopefully be higher.

        Originally posted by SaintBlaise View Post
        How does a Roth conversion help you?

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          Originally posted by SaintBlaise View Post
          How does a Roth conversion help you?
          Roth grows tax free

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            GameStop will be a good short eventually. Just crystal clear evidence how markets can flip on a switch when a trade gets crowded.

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              In

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                Originally posted by bbqfan5909 View Post
                My company does not offer 401K and do not qualify for standard Roth. So, I have to convert traditional IRA to a Roth (back door IRA). Rather pay taxes now, with the idea my tax bracket will hopefully be higher.
                Right, I understand the back door Roth. That’s great.

                I don’t feel taxes will increase enough for a conversion for most. I think it’s more about how much money you plan on taking out of your retirement per year is going to decide your tax bracket. Not many people take home more in retirement than on the job, which puts them in a lower bracket.

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                  nevermind
                  Last edited by rtp; 01-25-2021, 10:21 AM.

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                    pulled the trigger on FCX today. If earnings suck, I'll add more. Was waiting for a big down day for it to get below $30.

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                      AMC boys!!! To the moon!!

                      Sent from my SM-G955U using Tapatalk

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                        Originally posted by hully1029 View Post
                        AMC boys!!! To the moon!!

                        Sent from my SM-G955U using Tapatalk


                        Well crap. Got rid of mine last month.


                        Sent from my iPhone using Tapatalk Pro

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                          VIX on the rise. All my reflation positions are getting killed, even when the underlying commodity prices haven't moved that much. Need to reevaluate my positioning and investment thesis during the last hour of trading. Might be time to raise some major cash.
                          Last edited by TwoHighways; 01-27-2021, 08:44 AM.

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                            time to buy CCIV?

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                              Originally posted by Graysonhogs View Post
                              Well crap. Got rid of mine last month.


                              Sent from my iPhone using Tapatalk Pro
                              yup robinhood just rejected all my buys... and site crashed i dunno whats going on but looks like ima miss the bus on this one

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                                Originally posted by Kas View Post
                                yup robinhood just rejected all my buys... and site crashed i dunno whats going on but looks like ima miss the bus on this one
                                Its everything. Its being manipulated

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