Take a look at the companies held in VYM and VIG too.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Take a look at the companies held in VYM and VIG too.
nope but it is on a nice little run
5,000 shares at .90 on yesterday.......sold at 1.11 this morning.
easy 1k flip
True indeed. You can easily go for a dividend index instead of looking for individual companies
@Coldchi I don't know how you do the penny stocks man. Got in on $NSPR yesterday at around 0.60c and bought about 1,500 shares. My ass got scared premarket this morning and sold it around 0.70c. Lol! Now looking at it run and currently at 0.81
I'm fine to take the small profit. But those penny stocks are new territory for me.
I'm not sure "easy" is the word i'd use. Nerve wracking is more like it.
Not to mention that's $4,500 on a penny stock..
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chart reading man. its easy for me to spot the setups. harder to explain it to people that dont give a shit about charts, they just want to know the play.
like right now, im about to take a larger position in OCGN. its in positive entry territory, MACD about to cross after 3 days of consolidation. Above 200ema.
time to run up a check.
Got my screener on webull setup.....I see yall making money 
. Maaaaaaan if I only had my play check........the 15th can't get here fast enough.
. Maaaaaaan if I only had my play check........the 15th can't get here fast enough.What is the opinion on SINT? I bought 500 shares at $2.24. They are working on masks that contain silicone nitride powder. Supposedly silicone nitride neutralizes aerosolized COVID-19. Seem like this could potentially be big and a long term hold if proven to be as effective as the test states.
Question to you BGOL Wall street Oracles... TAXES!
What is your standard process to account for taxes on your earnings. Like are you calculating as you close out for the day on your profits, then putting a portion of that earnings to the side? Or are you doing something else? I've never been self-employed or had an external source of income whereas I've had to account for the taxes myself. With your tutelage, I've done ok for a first-timer in my mind for the 2020 year, but worried I might be setting myself up to get smacked when I file. Therefore all profits I've made have stayed in my account, and are only used to make plays.
Recommendations?
What is your standard process to account for taxes on your earnings. Like are you calculating as you close out for the day on your profits, then putting a portion of that earnings to the side? Or are you doing something else? I've never been self-employed or had an external source of income whereas I've had to account for the taxes myself. With your tutelage, I've done ok for a first-timer in my mind for the 2020 year, but worried I might be setting myself up to get smacked when I file. Therefore all profits I've made have stayed in my account, and are only used to make plays.
Recommendations?
yep LOL
Agreed! How much of it is also based on you being familiar with the ticker and how it generally trends?
For short-term gains put aside 30% of your profit to handle taxes.
this isnt my first time buying OCGN. i actually bought it Tuesday.....sold yesterday. back in today.
in December, it went from $0.29 to almost $3 in 2 days. made quite a bit off that play.
Exactly! So while the technical analysis helps. Alot of your confidence is also based on understanding how that particular ticker trends.
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Thanks..Glad to know I've been thinking somewhat along the correct lines. For everyday of profit, I've been subtracting 32% in general, but just wasn't sure if that was the correct way of going about it, so I left it all in there.
You can pay up to 37% on short term gains but it really depends on your overall income.
The higher end is for the 6 figures earners, you might want to sit down with a tax specialists and discuss this.
Honestly it is hard to say but if you already double your money you can take profits.
At the end of March they will release their first product, a diagnostic tool used in clinical veterinarian -TRUFORMA.
This can be a catalyst once they launch it.
yep i'm already up 100% but i'm holding
Thanks for bringing this up I was wondering the same. I've kept my profits in my account too. Interested to see what my tax guy says this year..
Funny enough my sister in law is a vet and one of her main complaints is the time it takes to run diagnostics on pets. I will ask her if she heard of it
A little help please, what EFT do the board suggest for 30-35% growth over the next 20 years...Thanks in advance..
QQQ,(44% of it is Tech) it tracks the S&P 500 index. You must be able to handle the aggressiveness.
Hard to say. But if you're just starting out and looking for a base level fund with steady growth over that long a period of time.. You can't go wrong with something like:
VTI or
VOO or
SPYG or
VUG or
VXUS
If you want a little more risk but more potential growth, take a look at:
QCLN
ARKK
ARKW
ARKF
ARKG
I personally have this mix:
ARKK/ QCLN/ VGSX/ SPYG in Fund 1
ARKW / VT in Fund 2
ARKF/ VUG/ VXUS in my IRA
...and plan on holding for years. Sometimes fewer is better, as you can make more focused deposits on 1 or 2 quality funds.
OCGN.......there it go...............
u can either get money wit me, or watch me get it.
\
Damn, the play came in when I was out. Anything looking like its lining up for a big end of day or Monday swing?
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