Because it's a retirement plan, not a slush fund
I want my 401k money now!!!
- Thread starter Faceplanted
- Start date
Haha , No , it’s certainly not a slush fund . And I never treated it as such . I was just supporting a previous post and relaying how I came to learn their rules .and changes . Some of my friends needed to use some of theirs at a hard time . We do get the tax advantages from the investment therefore the restrictions in return , I suppose .
UPS makes a lot more restrictions then what the IRS allows
Oh really ? Well , it’s best to consider it invested than to fool with ever wanting it back early then . I’m just getting started here so I pretty much have everything to learn ! Just keeping my eyes and ears open for a good while !!
That's why you keep cash and liquid savings for the short term. You keep the 401k money alone and let the power of compounding be your friend
Future
Victory Ride
Working 5 days a week also helps....
Faceplanted
Well-Known Member
If it drops to 5500 I’ll have lost all my savings and everything I ever had!!!! Reeeeeeeeeee!!!!! Trying to figure out if the old car in the garage with the door closed will work.
OrionsBitch
Not...
Wow you are dumb.....youre going to end up in debt. Not only did you buy two
coins.....you are using leverage on an extremely volatile market....that's worse than using leverage on penny stocks....experienced day traders don't even use leverage on relatively safe stocks...
Re-Raise
Well-Known Member
Did you "loose"?
1989
Well-Known Member
The SEC won’t even let you day trade cash unless you have over 25K in your account. But you can do your 3 round trip trades leveraged to the hilt. What a scam.Wow you are dumb.....youre going to end up in debt. Not only did you buy two
Faceplanted
Well-Known Member
Yes. I lost everything I got. Literally. My wife is mad and is probably gonna ask for a divorce due to my stupid investing. I dumped our whole joint savings into crypto currency.
You guys were right!!!!
!!!Just put a long in x25.
The the car has no cat cat converter.... I’m checking the garage seal to make sure it will be quick. Obviously joking guys. Don’t swat my house
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DriveInDriveOut
Inordinately Right
Resisting urge to say......
Bitcoin?
LMFAO
Faceplanted
Well-Known Member
We’re going to 4k!!!! Reeeeee closed my long and took a loss... I’m done guys!!!!!! That’s it it’s over
Jackburton
Gone Fish'n
Below 6k, I truly hope you aren’t trying to avg down
You should get on StockTwits, it’s very entertaining under the the BTC.X thread.
You should get on StockTwits, it’s very entertaining under the the BTC.X thread.
Never try to catch a falling knife.
Future
Victory Ride
1989
Well-Known Member
And still no evidence of any value at this level.
Jackburton
Gone Fish'n
Guess @Faceplanted ain’t getting his Lambo.
I wouldn’t touch cryptos with your money. People were using credit cards and personal loans to buy this stuff up 6 months ago, been a waterfall ever since.
