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Retirement

S&P 500 ($SPY) COLLAPSE | Recession Alert!!Behold, devastation just up ahead. $2500 is probable in the S&P. Retirements are about to be wiped out. As a friendly reminder, the "401K is free money" narrative is going to evaporate. The media will soon be out in full force talking about: "stay the course" "remember your goals" "stay invested" "LFG" "buy the dip" So foolish. If you are trapped in a retirement fund (401K), the best thing you can do right now is get defensive. Sell ALL "growth stocks" and shift all of your wealth into cash and / or bonds. Be careful out there, everyone! Something major is happening on a global scale!
TVC:SPXShort
by ChiefMacro
9
Aggregate Rate of Return All 401(k) PlansThe purpose of this chart is to show how retirement funds are drained once returns reach 20%. The reason this happens is because the purpose of the 401(k) is to prevent working people from ever reaching anything that resembles financial independence. From the time we begin our careers to the time that we reach retirement age, we are CONSTANTLY told that if we do NOT use the 401(k), we are "leaving free money on the table". But look at the chart. The reality is: retirement funds get drained, people lose their life savings ('08), and big institutional funds (supposedly fiduciaries) get bailed out, WHILE YOU LOSE EVERYTHING YOU WORKED TO BUILD. All I'm saying is: if you work with a "financial professional", you have a right to ask questions. You have a right to seek answers. You have a right to know what THEIR plan is for YOUR money. Look at the S&P 500. Ask your advisor: What causes these massive drops? Why does this occur? Am I protected? I will build on this in my subsequent chart publishing.
TVC:SPXShort
by ChiefMacro
7
S&P500: Moving to the DowOverview I decided it was time to start taking control of my own retirement account. For years my account has been pulling in mediocre gains and the only reason I've put up with it for so long is because: 1) it took me years to hone my trading skills and 2) my employer matches my contributions. Well, after reviewing my available fund allocations and performing a quick technical analysis of the respective funds, I decided to pull completely out of the S&P500 ( SP:SPX ) and placed them into the Dow Jones ( DJ:DJI ). Technical Analysis SP:SPX A double top has appeared on the 1W chart. Combined with dwindling volume on top of increasing value, I think it's ready to fall. Utilizing Fibonacci retracements I believe a good time to re-enter the S&P 500 will be in the range of $2200-$3200 USD. DJ:DJI While it is still slightly early to confirm, it appears that the Dow Jones has escaped the double-top and in my opinion looks coiled up and ready to spring. Utilizing Fibonacci retracement levels -- supported by increasing volume with rising value -- $56.8K appears to be a practical price target.
SP:SPXShort
by Shepherd_Investor
Thrift Savings Plan (TSP) S-Fund IdeaA few things to consider, on the macro side of the house: Jerome Powell, while ambiguous, did not distance the fed from a potential longer rate hike cycle, nor did he commit to the current terminal rate. 25 BPS and high employment inclines me to believe that inflation will go up MoM. On the technical side of the house, the highlighted area is where we've seen reversals and this is where we took a down turn in August, after that last June-Aug 2022 rally. Planning on moving to the G-Fund, based on reaction to this zone. I am not committed to a bearish or bullish thesis BUT things do seem eerily similar to the aforementioned rally.
DJ:DWCPF
by Davy_Dave_Charts
Are Health Savings Accounts Worth Your Time? Absolutely.When you're well, sometimes it is difficult to imagine things suddenly taking a turn for the worse. 1.5 years ago, I was as healthy as could be. I thought medical problems were for other people, my checkups always came up roses. Then I fell ill with an autoimmune neurologic condition, likely autoimmune encephalitis, and I wish I had opened a Health Saving's Account (HSA) the day I turned 18. Funny how life teaches you those lessons. So what is an HSA? An HSA is an investment account whose contributions are tax-deductible and withdrawals are tax-free if used for medical expenses. This type of account is only available for those with high-deductible plans health plans. The IRS defines a high deductible health plan as: any plan with a deductible of at least $1,400 for an individual or $2,800 for a family. Literally ripped that last sentence straight out of google. Sue me. If you're uninsured, you're out of luck. So for those who have high-deductible health plans, it's a way to not only save for sudden health catastrophes, but also to grow your wealth. With Fidelity, there is no limit to what asset class you can partake in. Other HSA's may have limitations, acting more like savings accounts. When you make a contribution, that money is tax-deductible (so you're investing with "pre-tax dollars"), and will never, ever be taxed if used to pay for a medical expense. But what if your investments have gone down and you have to sell to pay for medical bills? Hint: don't. You can reimburse your own medical bills with NO time limit. That means you could pay $1,000 for surgery using a cash-back credit card (or whatever payment method), wait until your money grows in your HSA, then reimburse yourself tax-free in 30 years. That is, if you kept the receipt ;) By budgeting, like using YNAB, it's easy to keep track of medical expenses and reimburse yourself tax-free when it makes the most sense. Or, if you prefer, you can invest in more conservative instruments. Like CD's, which are paying as high as 4.7%. Or you can treat it like an actual savings account and enjoy Fidelity's 2.21% APY on uninvested cash. So for those keeping score: -Contributions are tax deductible -Medical expenses are tax-free when you liquidate your investment(s) to cover them, which you can do retroactively with no time limit -Growth and trading within the account is tax-free (unless you live in CALIFORNIA or NEW JERSEY. Don't ask me, but you will be taxed on trading like you would an individual brokerage account) -You can withdraw your funds like you would an individual brokerage account at 65 (that is, you'll be taxed but not penalized) There are pretty hefty penalties for non-medical withdrawals before you're 65: up to a 20% penalty and ordinary income tax on capital gains. Not pretty, so don't put money into an HSA that you'll need for other things. In addition, there are yearly limits to how much can contribute. For 2023, it's $3,850 for an individual plan, $7,750 for family plans. You can alternatively roll funds over from an IRA into an HSA (but not the other way around). I opened one today with Fidelity and will max it out every year. I use YNAB to budget, so I can keep track of my health expenses for 2023 easy peasy. It's always best to plan for the worst. Thanks for reading, and best of health to you. InTheMoney
NASDAQ:QQQEducation
by InTheMoneyAdam
SPY to the downsideSPY looks to be developing a reverse head and shoulders to take on the wall. I don't see the volume justifying us getting over this current wall so I assume we will develop support at about 390-395 so we can take on the 420 walls if we even get past the 415 walls. A lot of market maker activity, very obvious shorts that are pumping in premarket which makes me assume we're in for a drop. I also assume based on the price levels of bitcoin, BTC will go test 21k and then 19k if that fails. Ideally, BTC catches at that support, and both BTC and SPY rally and I get into Microstrategy 2024 leaps and plan my retirement. I'll probably buy one when BTC hits 21 and average down at 19. They are about 10k per option for 300c leaps and if BTC rips with MicroStrategy holding then each option will go for at least 70-90k if BTC goes back to even 60k based on Microstrategy hoarding BTC during this bear market.
AMEX:SPYShort
by kibakilla33
Why would sell now LOL, don't be that guy! checkmate. loadDon't fall for the fud and deception. This is a loading zone, down 90%+ from its ATH, bullish price support at 0.0666 - 0.06969. This is your sign. Many bots employed by shorts to steal and scare. Not Financial Advice. Many Pension and Hedge fund doing badly must use short to cover their balances sad state. no fed print no equity go up. fed print equity go up inflation too and crypto moon. doge is checkmate with current financial markets. fate loves irony. will be best performing asset this decade. NFA
Long
by ilike2yolo
1
CRO/USD multimillionaire retirement This is an updated idea to my previous idea on the link above. The Idea that I am proposing to you, will help you become a millionaire before the retirement of age 65. I will cut down retirement age for you by almost half from age 18-48 instead of 18-65. Using this savings method you will retire 17 years earlier as a multi-millionaire. All this is made possible by cryptocurrency and you handling your own finance rather than giving it to some 401k retirement plan where you let others play with your money. The initial amount you need to get started with my proposed plan is 40,000 USDT. If you do not have that much you can start with 4,000 USDT, it will take longer, however, both path is still better than your traditional retirement plan. This is something that was not made possible before cryptocurrency and it is something I wish someone had told me in my senior year of high school. School is not everything and it's not needed for you to become a millionaire or a successful person. This method only takes about 30 mins for you to set up yourself and is 100% safe and low risk. With cryptocurrency we are now able to achieve financial freedom more easily, especially by handling your own finances through a method we call staking. There are over 17,000 cryptocurrency as of this writing and many coins in which you can stake from. For my example I will use CRO and tether, both I deem highly reliable and low risk. Both of these can give you an APY of 12% when staking through the crypto.com app when you stake 40,000 USDT or 40,000 USDT worth of CRO. CRO STAKING or USDT - 12% APY initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY ^ USDT CRO - .40 cents initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY ^ CRO STAKING @.40 cents. If CRO is at .40 cents 30 years from now you will still earn the above staking rewards. Let's attempt to guess CRO's movement CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO ^ This is the conversion CRO at it's highest price point on each 5th year to give you an estimate of how much CRO you'll have. *none of these numbers are real, just an example* CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO CRO Year 30 @.40 = 11,534,063 USDT / .40 = 28,835,157 CRO - I do not think CRO will be at this price since there will not be enough in circulation max supply = 25,260,000,000 meaning only ^ x 1000 people can do this. If CRO is at 25.6 @ year 30 then 56,863 other participants can do this. This means that we would've dropped from the initial participants of 200,000. -currently at .40 cents there can be 200,000 participants 200,000 x 100,000 CRO = 20,000,000,000B CRO; since currently 5.7B is locked in -circuclating supply is 19,888,888,888 / 100,000 = 200k participants Buy 100,000 CRO Year 1 (40,000 USDT) and stake until year 30 @ 25.6 USDT per CRO 100,000 x 25.6 = 2,560,000 USDT + 11,534,063 From staking *Keep initial CRO of 100,000k and stake USDT from APY YR 30 = 14,094,063 VS USDT Staking only of 11,534,063 USDT ------------------------ Now, If you were to buy & stake CRO instead using the predicted price above, it should look something like the example below CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO || 100,000 CRO 12% APY 12000 CRO / 52(w) = 230 CRO x 4 = 920(m) || compound monthly = 124,350 CRO YR 2. YR 5 = 256,805 CRO CRO year 1 @.80 = 40,000 USDT /.80 = 50,000 CRO || 50,000 CRO 12% APY 6,000 CRO / 52(w) = 115 CRO x 4 = 460(m) || compound monthly = 62,175 CRO YR 2 YR 5 = 128,402 CRO CRO year 1 @.60 = 40,000 USDT /.60 = 66,666 CRO || 66,666 CRO 12% APY 8,000 CRO / 52(w) = 153 CRO x 4 = 615(m) || compound monthly = 82,920 CRO YR 2 YR 5 = 171,338 CRO ^^^^^^^^ This is the medium between .40 and .80, assuming we get some CRO at the lower end and some at the higher end, we should average around .60 cents per CRO while buying/holding/staking for the duration of the 5 years. 171,338 CRO @.60 = 137,070 USDT after 5 years. VS USDT Staking = 102,803 USDT after 5 years. While using the medium of the price targets I have made, we will get a more accurate count/simulation of purchasing CRO throughout every 5th year for my prediction. CRO year 1 @.80 = 137,070 USDT /.80 = 171,337 CRO || 171,337 CRO 12% APY 20,560 CRO / 52(w) = 395 CRO x 4 = 1581(m) || compound monthly = 213,117 CRO YR 2 YR 5 = 440,387 CRO CRO year 1 @1.6 =137,070 USDT / 1.6 = 85,668 CRO || 85,668 CRO 12% APY 10,280 CRO / 52(w) = 197 CRO x 4 = 790(m) || compound monthly = 106,552 CRO YR 2 YR 5 = 220,151 CRO CRO Year 1 @1.2 = 137,070 USDT / 1.2 = 114,225 CRO || 114,225 CRO 12% APY 13,707 CRO / 52(w) = 263 CRO x 4 = 1054(m) || compound monthly = 142,078 CRO YR 2 YR 5 = 293,592 CRO 293,592 CRO @1.2 = 352,310 USDT CRO year 1 @1.6 = 352,310 USDT /1.6 = 220,193 CRO || 220,193 CRO 12% APY 26,423 CRO / 52(w) = 508 CRO x 4 = 2032(m) || compound monthly = 273,889 CRO YR 2 YR 5 = 565,976 CRO year 1 @3.2 = 352,310 USDT /3.2 = 110,096 CRO || 110,096 CRO 12% APY 13,211 CRO / 52(w) = 254 CRO x 4 = 1016(m) || compound monthly = 136,944 CRO YR 2 YR 5 = 282,987 CRO CRO year 1 @2.4 = 352,310 USDT /2.4 = 146,795 CRO || 146,795 CRO 12% APY 17,615 CRO / 52(w) = 338 CRO x 4 = 1355(m) || compound monthly = 182,597 CRO YR 2 YR 5 = 377,344 CRO 377,344 CRO @ 2.4 = 905,625 USDT CRO year 1 @4.8 = 905,625 USDT /4.8 = 188,671 CRO || 188,671 CRO 12% APY 22,640 CRO / 52(w) = 435 CRO x 4 = 1741(m) || compound monthly = 234,679 CRO YR 2 YR 5 = 484,944 CRO 484,944 CRO @ 4.8 = 2,327,731 USDT CRO year 1 @9.6 = 2,327,731 USDT /9.6 = 242,471 CRO || 242,471 CRO 12% APY 29,096 CRO / 52(w) = 559 CRO x 4 = 2238(m) || compound monthly = 301,605 CRO YR 2 YR 5 = 623,272 CRO 623,272 CRO @ 9.6 = 5,983,411 USDT CRO year 1 @ 19.2 = 5,983,411 USDT /19.2 = 311,635 || 311,635 CRO 12% APY 37,396 CRO / 52(w) = 719 CRO x 4 = 2876(m) || compound monthly = 387,633 CRO YR 2 YR 5 = 801,028 CRO @ 19.2 = 15,379,737 CRO Year 1 @.60 of 40,000 = 66,666 CRO = 40,000 USDT CRO year 5 @.60 of 66,666 = 171,338 CRO = 137,070 USDT CRO year 10 @1.2 of 171,338 = 293,592 CRO = 352,310 USDT CRO year 15 @2.4 of 293,592 = 377,344 CRO = 905,625 USDT CRO year 20 @4.8 of 377,344 = 484,944 CRO = 2,327,731 USDT CRO year 25 @9.6 of 484,944 = 623,272 CRO = 5,983,411 USDT CRO year 30 @19.2 of 623,272 = 801,028 CRO = 15,379,737 USDT 20Billion / 800k = 25,000 participants, if only 25,000 people can stake this amount of CRO at 19.2 then this is too good to be true. Very small minority are able to do this. What does this mean? The price of CRO is way too cheap in 30 years. If we started with 200,000 participants then the real value of CRO should be able to be staked By 200,000 participants. IF we were to assume that 200k participants are still staking 30 years later 200,000 / 25,000 = 8 800k CRO / 8 = 100k CRO each staker CRO = 19.2 x 8 = 153.6 USDT PER CRO? If you do not sell any until the price target of 153.6 USDT 800k x 153.6 = 122,880,000 USDT CRO Year 30@ 153.6 = 122,880,000 VS Tether staking @ 11,534,063 USDT ^ Maximum value if you never sell all 800k CRO Realistic value is 11,534,063 - 122,880,000 If you hold at least 100k CRO at year 30 = 15,360,000 + profit of 700k CRO SOLD @ whatever price targets you sold. ^ Realistic value is 15,360,000 - 112,880,000 VS Thether staking @ 11,534,063 USDT CRO staking VS Tether staking You have a potential upside of 10x more than tether staking when staking CRO only. Some people reading this might think it's too late to start staking. It's never too late. If you can't stake 40k for yourself, you can start with 4k for your kids. When they grow up to be 18 they will have a nice lump sum of cash. You can calculate for yourself using this website. Initial amount is 4k, you can add 40 mo with the 10% APY or add none. You will save them either 22k or 44k, if they have 44k by the age of 18 then they can start the process that I am proposing you above. www.investor.gov If I was taught this in high school, I may have never gone to college at all. I feel like this is something all seniors in high school should learn about so they can have the choice to plan out their life ahead. If they want to continue with school at least they can earn money passively while going to school. If not this is a very viable way to retire early without needing a college degree or without working their entire life doing dead end jobs. People can also use this method to chase their dreams and goals while knowing they can have a back up plan and still live comfortably if all else fails. NO where else in life or any retirement plan will give you something near as good as this. No one gives a shit about you to tell you any of this, other than me lol. If you happen to stumble upon this, pass it along as there is room for all of us. Tether staking is available for all with infinite participants. 1 USDT will always be 1 USDT, no risk involved other than you questioning the current retirement plan you have going on. Banks do not give you more than 1% APY and they're only stepping their game up now due to staking rewards like these. Your financial freedom is at your own hands and we weren't born to be wage slaves. If you aren't willing to take a look at something for 30 mins to save you 17 years + millions to be made then I can't help you.
by AyoKu
7
Babysitting Baby Bitcoin- also known as Ethereum GO LONGMy chart clearly shows not 1, not 2, but 3 inverse head and shoulders on the way up for Ethereum, with a 20+% boost in price, and a step up in the average trading price, similar to Bitcoin , but it took Bitcoin a lot longe rto reach the price Ethereum currently sits at. I have nothing against Bitcoin, but knowing what I know now about each company/coin/blockchain/platform, etc, ETH will pass Bitcoin in the very near future (within 2 - 3 years I predict). Let's hope I am right because that would officially change my life....let me know what you guys think. Should we be looking for another, or does it matter? I think you buy and hold anyway with ETH because no matter what fluctuations happen, because we all know there is always down turns along the way.....She isn't showing signs of relinquishing this bull rally just yet..... Once again, just a baby at this guys, but I am working my tale off to take all this info in, and get caught up. I want to make my own way doing my own thing, and the fact that everyone around me doesnt think it can be done when I know it can.....is more motivation, so please any pros with advice, I am all-ears, thanks guys!
BINANCE:ETHUSDLong
by DutchBoyzDynasty
How to Invest in the S&P 500 [FOR DUMMIES]In the investment world everybody expects you to know exactly how to buy into an Index Fund, which makes it very hard to find a good detailed non-outdated resource to learn from. While it’s easy to do once your set up, learning how to from nothing was difficult (at least for me). Before you even think about investing into the S&P 500 you need to know WHY. Because if you don't know WHY your investing into this you will panic sell when its the best time to be buying. Now while this part can be answered by a YouTube video I put some of the main reasons below. - The s&p 500 is a diverse Index Fund. (The term index fund means a portfolio set up for you to invest in.) - The s&p 500 holds the top 500 USA companies. (The diversity in big companies makes it a safe investment in the long term.) - The s&p 500, over a 15-year period, beat nearly 90% of actively managed investment funds. (Meaning us noobies can beat the pros!) - The S&P 500 has always recovered, there are lost decades which the market has stayed down for 10 years but in those 10 years you could be buying every single month! (Dollar Cost Averaging) - With the power of compounding your money will grow exponentially. Now what is Dollar Cost Averaging..? Dollar Cost Averaging is buying roughly equal amounts of an asset per month. Doesn't have to be equal but nothing to different, for example you don't want to buy $500 worth's one month and $1000 worth's another (only spend what you know you can be consistent with in the future). Dollar-cost averaging is a great investing strategy because, in the long term, it can protect the investor (you) from market volatility (up and down movement) and reduce the amount you'll spend buying shares. So, over time, you will end up investing in more assets for less. Now what is compounding..? Compounding is re-investing both your capital gains and dividends in order to get a higher payout the next time around again and again and again.. till your rich. Although with compounding comes a catch; if you panic sell before your desired target you've fell into your own trap, because compounding depends on time, and you just smashed the watch. Plus, you should never panic sell when the market crashes; be happy you’re getting everything on a sale! Now we have reviewed why you should invest into the S&P 500, what dollar cost averaging is, what compounding is, and why panic selling is stupid. But how do you buy it?!? I started by trying a brokerage called Vanguard. (a brokerage company is pretty much a middleman that connects buyers and sellers). I wanted to use Vanguard because I knew that I wanted low purchase fees; low purchase fees are good because in the long term it impacts how much you’re actually investing (less fees = more invested long term). Now let me tell you this, vanguard SUCKS, their customer service is terrible, the website is terrible, and they wouldn't even let me open an account for god’s sake because "their website was down". The only thing good about them is their index funds and low fees. What took me a while to learn was that I can purchase the SAME index funds but with a different broker. Now I do recommend you get an account with Charles Schwab they have real branches you can go to and ask questions in (not just a phone number like Vanguard) plus if you do want to call their wait time isn't over an hour like Vanguard, and their website is user friendly. How to make an account with Charles Schwab..? Search up "Charles Schwab", click on their website, Open an Account, and decide what type of brokerage account you want (if your just one person pick individual), then continue with the steps. If you’re below the age of 18 search up "create a custodial account Charles Schwab" and start from there, you will need your parents SSN, and other info. Now that you have a basic account set up your ready to invest; but wait there's more. You currently have a brokerage account which means your eligible to invest however much you want per year, although once you pull the money out you will be taxed on it based off your tax bracket. Along with your brokerage account you should set up a Roth IRA account. A Roth IRA account is a retirement account in short, your allowed to invest up to $6000 per year into it and once your 50 you can pull it out TAX FREE. (if you pull it out any sooner it will act as a brokerage account and tax you, so don't do that). Making a Roth IRA account requires paperwork which you fill in and then go to one of the many "Charles Schwab Branches" to turn in. You can ask customer support to send you the paperwork to your email which you must print out. This account pretty much assures you will be a millionaire at retirement. Ok I have both accounts.. now how to buy? Click on "trade", make sure you’re on the "Stocks & ETFs" Tab, click the "symbol search bar", and type "VOO" (Vanguard S&P 500 ETF). Now decide on how many shares you want (you can check the price here on trading view). It will have an option to turn on auto-reinvest dividends make sure to click that, & make sure you select "Market Order" so you get filled in immediately then click "order". Always invest the maximum of 6K into your Roth IRA and invest as much as you can into your brokerage account. Every 3 months re-invest your capital gains on both accounts. You can see how much your projected to earn in the future. Search up "compounding calculator" put in how much you’re going to be investing per month, how long, and at a 10% average rate of return. I hope this helps, comment and like. :)
AMEX:VOOEducation
by pastworks
3
What I See For Elon Owning A Share Of TWTRElon --> Moon with rockets literally and with stocks so...bullish on this one. When I explain charts to my mom I say candles doing this(reference chart) is GOOD, bullish, if you're long that's good. I don't know how I feel about Twitter potentially doubling its market cap considering social media company influence in the world... but regardless I think it's a possibility-(eventually)-especially in the monthly charts. Big come back possibility for TWTR having been valued at $80.75 before. I HOPE Twitter is a humble company and Elon passes good influence and inevitably enthuses buyers to find faith in Twitter stock. Twitter at $50 is valuable to me. ]
NYSE:TWTRLong
by TradinBird5
2
SPX Short, Retirement Crisis?A possible explanation behind the incoming crash, the retirement crisis. Will boomers transfer their wealth to the next generation via free market (allowing the market to rightfully correct and have the younger generation (Gen Y & Z) buy equities at low prices), or will the government (federal reserve) step in and increase the balance sheet (and thus "prevent" a crash on paper)? Perhaps both. Gen Y and Z have decided to adopt and develop crypto to digitize and decentralize the old financial system (DeFi, NFTs) as the fed continues to print more money (as seen from the 2020 $ printing/stim. checks). This younger generation will not buy the bags of the old financial system (from the stock market to real estate) that are overvalued (Stock market with P/E ratios in the 30s, multimillion $ single-family homes), but rather force the old money to buy their crypto bags in the pursuit of the high ROI against inflation that crypto offers. As more inflation continues, crypto will get more adoption by traditional VCs, HFs, Central Banks, etc. This adoption will come from the firm's inability to answer two questions: 1. How will we get millennials and Gen Z to invest their saving with us? 2. How will we be able to keep the promise of paying out pension funds to the Boomer Generation? Privately, a few leading heads of these institutions (like Michael Saylor, Elon Musk) have entered the space after the 2017 and the 2020 DeFi Boom, but there are tens of trillion dollars left to enter it from the firms themselves. Hopefully in this great reset of economics, the young will own everything, and be happy.
SP:SPXShort
by linebands
How to retire at the age of 65 with more than 1 millionI am going to use an article for my analysis. www.gobankingrates.com If you scroll down to the how to save 1m starting at age 25 tab; it says to save 158$ per month "assuming" a 10% return. Now if you do the same without assuming, using my method, here's how you'll be guaranteed a million by investing 158$ per month into CRO. CRO has a staking reward system like many other cryptocurrencies with a guaranteed % APY. CRO has return rates ranging from 10%-12% depending on the card that you get. Now let's assuming that this chart plays out, from what I can see on this chart, there is a possible gain of 19875% ROI. I will not do the math for you, if someone else can, please do lol. What does this mean? You'll be guaranteed 1 million at the age of 65 with a 10% APY staking and even sooner with a 12% APY. At the rate that CRO will increase you can possibly retire even sooner as the coin continues to increase in value. .60 today and in 40 years its 11$. If it hits 11$ in 40 years that's almost 20 million you'll have. The 1 million at 65 was with the assumption of CRO being at .60 cents on a 10% APY. The graph shows 2088 bars, 1 bar is 7 days since this is a weekly chart. 2088 x 7 = 14616 days. 14616/365 = 40 years. Here's how you retire at 65 with 1 million dollars guaranteed and not assumed. For Wakanda
by AyoKu
2
DXY CAPITULATION PENDING A WEEKLY CLOSEAfternoon people, Thanks for taking the time to check out my Technical analysis, much appreciated. Constructive comments are always encouraged. DXY has enjoyed a lot of strength in recent weeks, strangely baffling seeing as since 2020 the supply of USD has increased by 30%+. There is now more Dollars in existence than have ever been, yet according to recent strength it would seem people still trust the Dollar. It seems like a recipe for disaster if you ask me. The dollar is weak, it has been since Nixon unpegged it from the Gold Standard, thus sealing its fate as a fiat currency. History shows us how it ends for "world reserve currencies", the cycle is around every 100 years. Guess how long the Dollar has been in power for ;) Price attempted to breakout to the upside last week, completing the impulsive move from 94.56 to 96. However the .5 fib held and sellers stepped in causing a considerably big wick. Indicating buyers are struggling to break through the fibonacci levels that are acting as resistance. we closed with a huge wick on the weekly. I'm now waiting for a weekly close below the aforementioned levels to indicate a continuation to the downside. This adds further confluence to my idea posted earlier in regards to Bitcoin. It would seem Bitcoin has found its bottom and we should now be expecting Bitcoin to start moving towards my 233K targets. Once DXY starts collapsing, the downside targets at the D ext. are 86 & 82 respectively. It is my belief that we will be seeing the Dollar collapse as Bitcoin goes on its parabolic blow off top phase of the market cycle (something we haven't seen yet). Regardless of how far Bitcoin goes, it needs a DXY collapse to do so. Similar to 2017. So far Bitcoin is inversely correlated with DXY. Observed today we can see weakness in the DXY has led to Bitcoins price rising and therefore the rest of the crypto market across the board. This is just the beginning. Don't be disillusioned, when Bitcoin does pullback, which it will. This will be a great buying opportunity. Be patient & ENJOY the show. Remember to take profits as you go and scale out. We don't need to pick tops. No one ever went broke taking profits. Happy trading, Big Love
TVC:DXY
by PrinceParisOfTroy
1
XRP EXIT STRATEGY 21/22 BULLRUN Afternoon people, I'd just like to say firstly thank you for all the support and for taking the time out of your day to consume my content. It's most appreciated. Diving right into the charts here we are looking at the weekly chart for XRP. As we can see for quite some time we have been pretty much moving sideways, since we broke out and retested the 3 year trendline that had formed from the previous ATH. Price has been coiling up and the longer this goes on for the more violent the breakout will be. Going by the mechanics of the market cycle for XRP, I would be anticipating a parabolic move to the upside, in line with the majority of the market during this bull run. Since price has moved above the trendline it broke out of, an entire year has nearly elapsed and price is still nowhere near its previous ATH. Is XRP dead? hah far from it. The infants in this market and those who are impatient/emotional have lost faith in XRP. Not that you ever needed faith anyway, if you truly know what you're invested in. You know that time is on your side and all you have to do is position yourself the right way and wait. Historically in bullruns XRP moves last and it moves violently. Only once BTC hits it's top and begins to retrace, will XRP begin to move. Patience is key. What we need to understand about XRP is that it is positioned to stand as the beating heart in the new financial system. When you think of Ripple you should think of Amazon. Ripple are going after all the money and will be to finance what Amazon is to everything else (lel). It is quite clear from looking at the charts, not even considering the fundamentals that have been appearing throughout this cycle. That XRP is heavily being manipulated. The SEC who's main function is to protect investors, have actually achieved the antithesis of this. This is all a show though, the SEC have been called in to stall the price of XRP whilst behind the scenes banks & financial institutions prepare. Soon the world will never be the same again and the new financial system will be here. The case for XRP this bull run is a simple one and it is all programmed into the charts. The charts never lie and until they do, I will follow my exit strategy which I will include at the bottom. We know (as illustrated in the chart) that after XRP hits its ATH it drops 95/97% and finds its bottom after this percentage drop. This has happened twice in the past, of course past doesn't guarantee future performance. But until I see the charts show me something else, this is what I will follow. Keep this percentage drop in mind because it further strengthens the case for a 3 digit XRP this cycle that I will present later. (I know, I know bare with me). Once the bottom has formed on XRP we can draw a fib from the ATH to the bottom to predict where price is going next. If you look at the 2017 run, once the bottom was formed you can lay out the fib and this presents price targets. XRP found resistance and support at the 1.272 & 1.618 before finishing its run with a move to the 2.272 (call it $3). After the ATH was hit there was a drop of around 96% to the bottom. At which point the fibs can be thrown on the chart again to plot future targets in the next bull phase of the cycle. As it stands XRP still has it's previous ATH to overcome but once we see a close above this level, I expect a move to the 1.272 ($8), 1.618 ($27) & 2.272 ($242) during this bull phase. I initially believed that we would top out at $27 dollars and go no further, but upon further looking in to the charts. I believe that it's not only possible we hit the 2.272 as the top. It's highly likely. The factor which causes XRP to go parabolic to the 2.272 will be the result of the SEC case. I believe until we have a resolution we will be playing around the 1.272 and 1.618 fibs, but once we get the news. I expect a powerful move to mark the end of the entire bull market. Most coins at this point will already be in decline. But doesn't a $242 XRP mean the market cap would be around 12.5Trillion. Isn't that impossible? Well market cap doesn't mean the same as it does in stocks for a start so using this metric as a limit to how far a coin can go is redundant. Plus it's very simple. Once the case is settled (at the height of the bull run) XRP will receive the clarity it so desperately needs. Once it gets this status, not only will all of Ripples partners go live with XRP, new investors will flood in and also XRP aside from BTC and ETH will be the only crypto in the space with clear definition. It seems a lot of money is about to pour into XRP and leave the disbelievers wondering how they didn't see it happen. They'll say we got lucky, we know luck has nothing to do with it. I expect us to get some sort of case settlement around the deadline date of 14th Jan. Worst case scenario is that we don't get the deadline and they push it back further. If this happens I expect XRP to stay above the 1.272 @ around $8. I call this one the launch pad. We will wait patiently to see how this plays out but know that as soon as the case is settled, XRP is off. Many will jump on the train too late, I have positioned myself in a way where I wont have to chase the market. I wait and let the market come to me. No emotions. To further strengthen the case that XRP is going to $242. referring back to previous drops from ATHs. XRP bottoms out around the 1.272. It never revisits its previous ATH at any point whilst finding its bottom. Has illustrated on the chart. You can see that the only price point that allows XRP to fall by around 97%, has the 1.272 as the bear market bottom and still bottom out nowhere near the previous ATH @ around $3 is if we top at around 2.272 ($242). All the other fib extensions could be the top but it would mean either XRP falls below the previous ATH for the first time ever in its history. Or the drop isn't as deep as it has previously been in the last two cycles. These are possibilities to be considered and therefore my exit strategy accounts for this. For this to happen however, XRP would have to do something it has never done in any cycle ever. Again until the charts start lying, I will follow what they show me. My exit strategy using 10K XRP example: Split holding 50/50 Strategy 1 5K XRP 10% @ $4 20% @ $8 40% @ $13 30% @ $27 Strategy 2 5K XRP 1250 @ $10 1250 @ $15 1250 @ $20 1250 @ $25 Strategy 3 Upon a retrace from $27 (1.618) to $8 (1.272) I will buy back 50% of my original holding. This will have a sell target of $240 (2.272) Bitcoin = 233K TOP XRP = $242 TOP So to clarify this is for educational purposes only. Don't forget to take profits and thanks again. Happy trading :) Yours truly, Chartster
BITSTAMP:XRPUSDLong
by PrinceParisOfTroy
7
Standing strong with a long biasCurrently standing strong after a rebound from 50% retracement level. With strong fundamentals and a good future prospect, CDSL, despite a high valuation is still holding the multi-bagger tag. Currently forming a symmetrical triangle. A breakout and it will rally for another 20-25 %. Look at CAMS with a similar tag. You may also check out the recent video on my linked youtube channel, as to why CDSL is an Investor's Favourite DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
NSE:CDSLLong
by The_Chartereds
Hard assets are the way forwardWith the money printer going BRRRR (costing $4T from the fed) causing stock prices to be inflated, investors and money managers in the stock market may soon take profits into hard assets that aren't necessarily tied to the value of the dollar, like housing, cryptocurrencies, gold, etc. in order to preserve the wealth that may otherwise be lost due to continued inflation. This could explain why BlackRock and Palantir have bought Real Estate and Gold at large respectively throughout the year. Note, cryptocurrencies are at risk of going down with equities if the market doesn't consider it as a commodity. The coming months maybe even weeks will reveal as to whether it matches or disassociates correlation with the stock market as the SPX/CPIAUCSL chart reaches its 1.618 fib extension from the 2000 dot com highs to the 2008 lows, and the Dow theory continues to play out. Perhaps all this money printing was done to usher in a Great Reset of economics; to meet the expected productivity from the innovations of the 4th industrial revolution? offset panic from retirees? encourage the youth to invest and adopt crypto as an inflation hedge? Will a crash come? Maybe, maybe not, but I think if it were to happen, the $ may be transferred to blockchain tech as it serves as a commodity with major innovative growth potential to digitize most businesses and services to make them ESG compliant . Overall, stagflation will likely occur in response to the fed attempting to delay the retirement and debt crisis as long as possible, ongoing high unemployment (workers incentivized to collect UI as it pays more than min. wage), and possible future low economic growth (as a result of goods being unable to be transported due to COVID-19). One could argue that deflation is more likely to occur if innovations in blockchain technology spread outside of Finance and into other areas such as supply chain automation, insurance, identity, etc, allowing productivity to match or even outpace the supply of money. But such progress has yet to have been either made or discovered depending on the respective industry, let alone hesitancy of adoption due to BTC's perceived low ESG score.
SP:SPGSCILong
by linebands