Up In Smoke
Well-Known Member
Options are that shield.Right, but that’s still not a “shield”. It’s a proven strategy to buy diversified funds but that’s not a shield to prevent financial harm if people panic sell.
Options are that shield.Right, but that’s still not a “shield”. It’s a proven strategy to buy diversified funds but that’s not a shield to prevent financial harm if people panic sell.
Old fartAnd 30 years later....
It's a different game
You are two minutes behind me jackassOld fart
TrueYou are two minutes behind me jackasd
That doesn't work in the 401K planOptions are that shield.
What educational resources do you recommend to a novice on options?Options are that shield.
I've been using options for 15 years in my 401K, Roth and Brokerage account. Self manage account must be available in the Teamster 401K plan, correct??That doesn't work in the 401K plan
Going to sound funny, but the Najarian's books on understanding options are easy reads and a good place to start. I started with the Head of the Business Department at our local college and took a dozen classes taught by some of his colleagues. Start slow and stick to a strategy.What educational resources do you recommend to a novice on options?
I don't mess with that stuffI've been using options for 15 years in my 401K, Roth and Brokerage account. Self manage account must be available in the Teamster 401K plan, correct??
Options aren't available in my Teamsters 401k Self Managed Account.I've been using options for 15 years in my 401K, Roth and Brokerage account. Self manage account must be available in the Teamster 401K plan, correct??
Obviously I don't know you, but your financial strategies and advice are sound. A little too conservative for me, but you pay attention and actively move money with purpose. Best wishes for your financial future.I don't mess with that stuff
I'm reading the only safe haven if we have a depression is Treasury bonds.Agreed. Most of my retirement is in funds with thousands of companies in them. My favorite being VT.
It used to have a self managed, and I think it still does but I’ve never fooled with itI've been using options for 15 years in my 401K, Roth and Brokerage account. Self manage account must be available in the Teamster 401K plan, correct??
Who's President has little to no affect on markets. You really think the 40% run up in markets in late 2020 was because Biden was leading in national polls??
True.. when it comes to international affairs that affect our economy and the world's it matters, we might vote in a but if he/she chooses the right cabinet and is respected by our worst adversities generally it will help the overall citizenship and the markets. We all know who is running the show anyway, same suits, different tie pins...
Biden was not leading in the polls just before the election, it was pretty much 50/50...That mysterious Chinese Virus and it's voter ramifications gave Biden the office and besides that the mass media and our international elites and enemies thought Trump was getting far too uppity...
I'm sure they are, but you may have to contact them to set up a margin account and get approval for such trades. I believe there are documents that you must certify before you can start.Options aren't available in my Teamsters 401k Self Managed Account.
I don’t think you’re wrong, although I do think you’re posting this in the wrong thread.I was just refreshing my mind on the Trump's Cabinet. I didn't realize how many people came and went during his administration. If I'm wrong please clarify, but I saw 44 different Secretaries representing 15 departments over his term. That number, if correct, is more than his 5 predecessors combined. Trump was quoted in one article that he preferred "acting" Secretaries over confirmed ones. Not surprising that 40 of the 44 ex Secretaries will not endorse the former President.
Let the big boys get mega rich or poor. I follow this: Currently I'm at 40 percent stocks, 60 percent bonds. Not flashy but I can sleep well at night.I don't mess with that stuff
True and I apologize. It was in response to another member. I will refrain from conversations that are off topic.I don’t think you’re wrong, although I do think you’re posting this in the wrong thread.