Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Nvidia Looks Primed for a Stock Split Post $1 Trillion Rally
(Bloomberg) -- Nvidia Corp.’s scorching rally has added more than $1 trillion in value this year alone, sending it well above the level where it last split its shares. Some see the AI giant well placed to do so again.Most Read from BloombergChemical Linked to Cancer Found in Acne Creams...
For sure. That's def been my mentality: I started late but it's ALL about buying my time back little by little and see what options my little snowball can provide me going forward.
If that less than 10% number is accurate, that's crazy to me. But kind of along the same lines, I can understand. On the one hand, I think (hope) that a lot of folks view their 401K as "enough" and don't really see the value in "wasting more money" on a 2nd retirement account when they're tryna eat. When I look at it like that, I can see how folks might view it as a luxury, in a way.
But, something I've been guilty of too: they don't realize the value of being able to invest, compound and having that all be tax free in a Roth.
Also, I know when I was in my 20s, 40 seemed old and mad far away. Almost like it was so far in the future it wasn't real lol. It takes a lot for someone at that age to REALLY have the foresight unless they get spoken to directly by someone at that older age who has done what they are trying to convince them to do. They need to see it to believe it (I think that would have impacted me in hindsight).
This is big
Nvidia Looks Primed for a Stock Split Post $1 Trillion Rally
(Bloomberg) -- Nvidia Corp.’s scorching rally has added more than $1 trillion in value this year alone, sending it well above the level where it last split its shares. Some see the AI giant well placed to do so again.Most Read from BloombergChemical Linked to Cancer Found in Acne Creams...finance.yahoo.com
Nvidia Looks Primed for a Stock Split Post $1 Trillion Rally
(Bloomberg) -- Nvidia Corp.’s scorching rally has added more than $1 trillion in value this year alone, sending it well above the level where it last split its shares. Some see the AI giant well placed to do so again.Most Read from BloombergChemical Linked to Cancer Found in Acne Creams...
..damn the last split seems like just yesterday to me!
Yeah my bad...It's 25% of Americans with a ROTH...
I hate giving out inaccurate information, so I had to google it....lol
How a Roth IRA Works After Retirement
Roth IRAs offer retirees some unique advantages in terms of taxes, withdrawals, and the ability to pass along wealth to the next generation.
when was the last split?
2021
The company last announced a four-for-one stock split in May 2021, when it was trading at about $600 per share. Today, the stock is nearing the $1,000 level, extending last year's 240% surge.
I know i felt the same way...someone would have to had really shown me for me to get it and do it! & Tax free that shit is a beast!
Bruh i aint gonna even lie if i would have listened to ian from earn your leisure i could be fucked up! Im glad i ran my own numbers to understand that it was a good company to invest in myself!
Did he say not to invest??
The only person on EYL that gives out good information is Troy
He said he would invest because some china shit that was going on.(but the company is ok)..im like whatever with this dude! Then facebook and many other companies he has been wrong about and i have been right about myself just doing simple homework on many companies! Just glad i know how to do work myself instead of depending on someone elses work! O yeah and troy info usually is always solid!!
Yeah I think I saw the show he mentioned Meta was trash or something like that.
Yeah it’s best to do your own research.
i read an article suggesting that this wouldnt be a good idea because the US lacks skilled chip workers. i think it also said it's already been tried, as in there is a factory already in the states that manufactures chips but for the same reason as i mentioned, it hasn't been operating to its fullest potential
most definitely. Too me, its actually better to talk to ppl that are actually in those industries and get their take on different companies in that space.
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he have said so many companies were dead and they werent.
Yeh I know it’s a lot of money in the CHIPS Act for STEM training and workforce development.
CHIPS Act includes new support for workforce training, providing opportunities beyond R&D for higher education
President Joe Biden signed into law today the CHIPS and Science Act of 2022, a bill designed to ensure America's leadership in chip technology innovation. The new law appropriates funding that incentivizes companies to manufacture semiconductor ...
The CHIPS and Science Act will establish a technology, innovation, and partnerships directorate at the National Science Foundation (NSF) to focus on fields like semiconductors and advanced computing, advanced communications technology, advanced energy technologies, quantum information technologies, and biotechnology. It will strengthen commercialization of research and technology, ensuring that what is invented in America is made in America. The Act will also reauthorize and expand fundamental and use-inspired research at the Department of Energy Office of Science and the National Institute of Standards and Technology to sustain U.S. leadership in the sciences and engineering as the engine for American innovation.
- Catalyze regional economic growth and development. The CHIPS and Science Act authorizes $10 billion to invest in regional innovation and technology hubs across the country, bringing together state and local governments, institutes of higher education, labor unions, businesses, and community-based organizations to create regional partnerships to develop technology, innovation, and manufacturing sectors.
These hubs will create jobs, spur regional economic development, and position communities throughout the country to lead in high-growth, high-wage sectors such as artificial intelligence, advanced manufacturing, and clean energy technology. It also authorizes a $1 billion RECOMPETE pilot program at the Department of Commerce’s Economic Development Administration (EDA) to alleviate persistent economic distress and support long-term comprehensive economic development and job creation in the most distressed communities. - Provide STEM opportunities to more of America to participate in good-paying skilled jobs. Science, technology, engineering, and mathematics (STEM) education and workforce development activities are critical to developing skills needed for taking on the highly-skilled jobs of the emerging industries built on technologies of the future. To ensure more people from all backgrounds and all regions and communities around the country, especially people from marginalized, under-served, and under-resourced communities, can benefit from and participate in STEM education and training opportunities, the CHIPS and Science Act authorizes new and expanded investments in STEM education and training from K-12 to community college, undergraduate and graduate education.
- Drive opportunity and equity for all of America in STEM and innovation. The legislation authorizes investments to expand the geographic and institutional diversity of research institutions and the students and researchers they serve, including new initiatives to support Historically Black Colleges and Universities (HBCUs) and other minority-serving institutions, and other academic institutions providing opportunities to historically-underserved students and communities, primarily through the National Science Foundation (NSF). The CHIPS and Science Act also broadens the geographic diversity of research and innovation funding to leverage the talent and ideas found all across America. The legislation also gives agencies and institutions the mission and the tools to combat sexual and gender-based harassment in the sciences, a demonstrated barrier to participation in STEM for too many Americans. Through these investments and initiatives, the bill would support learners, educators, and researchers at minority-serving and emerging research institutions and in rural communities, as well as broaden participation to include people of all backgrounds and experiences, driving the creation of a STEM ecosystem that looks like and benefits all of America.
Man, that was some crazy volatility. I know I said I was going to sell after $100, then I said after 2025. Now, I don't even know. The daily gains/losses $ amounts are insane.
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Need to make my RRSP and TFSA contributions in the near future.
The RRSP amount isn't too much though as pension plan contributions cut too much into that available amount. The TFSA (tax-free savings account) max' allowable for 2024 is $7000 - and the good thing about that is you can invest it anywhere you want. Savings, GIC, mutual funds, ETF, whatever. The TFSA has been in place since 2009. The lowest annual contribution space being $5000, and the highest-ever was $10,000. Primarily in the 5000 - 6500 range though.
www.canada.ca
I wish I had more RRSP (registered retirement savings) space though (to lower taxable income) as investment income bumps my taxable earnings up too much.
The RRSP amount isn't too much though as pension plan contributions cut too much into that available amount. The TFSA (tax-free savings account) max' allowable for 2024 is $7000 - and the good thing about that is you can invest it anywhere you want. Savings, GIC, mutual funds, ETF, whatever. The TFSA has been in place since 2009. The lowest annual contribution space being $5000, and the highest-ever was $10,000. Primarily in the 5000 - 6500 range though.
Contributions - Canada.ca
Determine how much contribution room you have in your Tax-Free Savings Account (TFSA).
I wish I had more RRSP (registered retirement savings) space though (to lower taxable income) as investment income bumps my taxable earnings up too much.
Have a bunch of stuff maturing between April 2024 - April 2025.
I need to weigh out the options (pros / cons) as I don't want to make my taxable income too high.
The TFSA / RRSP stuff is for retirement and I don't need to touch it for another 20+ years.
The other regular GICs I don't mind re-investing or just moving around.
50,000 GIC matures April 20th
6500 TFSA GIC matures April 20th
2000 RRSP GIC matures April 21st
100,000 GIC matures May 4th
51,000 GIC matures Sept. 5th
90,172 TFSA GIC matures Oct. 31st
145,705 RRSP GIC matures Jan. 18th
110,000 GIC matures April 11th
I need to weigh out the options (pros / cons) as I don't want to make my taxable income too high.
The TFSA / RRSP stuff is for retirement and I don't need to touch it for another 20+ years.
The other regular GICs I don't mind re-investing or just moving around.
50,000 GIC matures April 20th
6500 TFSA GIC matures April 20th
2000 RRSP GIC matures April 21st
100,000 GIC matures May 4th
51,000 GIC matures Sept. 5th
90,172 TFSA GIC matures Oct. 31st
145,705 RRSP GIC matures Jan. 18th
110,000 GIC matures April 11th
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