ARK Invest: Next Generation ETF

[Singuy]

What a disgusting beat on earnings. Grew 88% YOY and raised guidance again. The only shining star today, lets be grateful about that....

[Singuy]

I let everyone know how FIRE I am mostly to create credibility for the financial class I teach to students there. Got to walk the walk.

[Singuy]

Sorry when I mean tax efficiency I mean index funds generate more tax events which cost me more at the CPA office. I don't expect too much taxable events...

[Singuy]

Yes there are many loop holes when it comes to businesses. However if you look at the success rate of a business, it's not exactly enticing. So I am...

[Singuy]

I would never buy Index funds in taxable accounts because they are not tax efficient. I much prefer ETFs instead. But 90% of my index type funds are in...

[Singuy]

According to this calculator, making 400k or more in a household in California puts you in the top 3%. I would say you need to make 460k to have an AGI...

[Singuy]

[QUOTE=corn18;n716134]

Sorry I know you will hit them. I was referring to Disneysteve. But mainly I was referring to just living expenses...

[Singuy]

[QUOTE=disneysteve;n716097]

Interesting, we would only hit 1/5 with our current expenses and that's with kids to feed, day care to put them...

[Singuy]

As for when to sell.

I pick a handful of companies that will be the driving force for our next generation economy. Unless there's an obvious...

[Singuy]

If you are just covering expenses in retirement then the chance of you hitting any cliffs are very low no matter where you choose to sell. Also if you...

[Singuy]

Looking at Biden's tax plan, you are screwed for any income above adjusted gross income of above 400k. The increase in taxes for the federal portion is...

[Singuy]

12 dollars a year

Slightly better than a savings account....

[Singuy]

They are increments of 100 dollars. So you earn $0.12 per 100 dollars per year, so 0.12%...

[Singuy]

People here knows me that I like to research down the micro architecture of micro processors used and supply chain of a tech company before betting big...

[Singuy]

Multi level marketing type items are generally seen as over priced trash because it's a middle man heavy business. It's generally best to purchase items...

[Singuy]

98% Stocks (90% individual stocks, 10% index funds)
1% cash
0% bonds
1% real estate like peer street

37 yo.

...

[Singuy]

Read my post, it literally has qualifiers of when it's right and when it's wrong. If anything, your take away is not absolute, but to think outside of...

[Singuy]

No no, more than 80% chance you end with more thant you started. 50% chance you become stupid wealthy, like staring out with 3 million and you end up...

[Singuy]

3% chance failure, 97% chance of never running out of money, 80% chance of making more than what your accounted started, 50% chance you make 5x your initial...

[Singuy]

Interesting. Didn't think our retirement accounts are in a casino. Saving advice forum actively promoting gambling as a form of saving for retirement...