Investments, 401K, Etc (on topic)

Faceplanted

Well-Known Member
If you do a Roth, don’t use the ups Roth, get a private Roth. It’s your money when you want it. Ups doesn’t let you touch it tell retirement which is retarded as you already paid taxes and it should be your money whenever you want.

FYI in 3 days amb is up 7.5%. One of the announcements I knew was coming out got announced Friday. Actual real world use of their blockchain by one of the biggest vanilla exporters in the world. There will be more huge announcements before oct 31. Amb only announced actual use case crypto so far. Others claim “partnerships” but amb partnerships = actual blockchain use. There is a tokenonics system that pays out node holders. The company partnerships using amb pay 12usd per bundle so it’s not linked to btc. I will tell you guys one last time. If you have 1k or so sitting around, buy amb and thank me later.

There will be 4 other actual use case partnerships announced before oct 31st. They actually did a proof of concept that was SUCESSFUL with dhl to track temp sensitive pharmaceutics on the block chain.
 

DriveInDriveOut

Inordinately Right
If you do a Roth, don’t use the ups Roth, get a private Roth. It’s your money when you want it. Ups doesn’t let you touch it tell retirement which is retarded as you already paid taxes and it should be your money whenever you want.
Lol.
$5500 limit in an IRA. Small potatoes. No wonder you're trying to find a shortcut to wealth with your crypto garbage coins.
 

Faceplanted

Well-Known Member
Lol.
$5500 limit in an IRA. Small potatoes. No wonder you're trying to find a shortcut to wealth with your crypto garbage coins.
That 5500 limit is better than putting it in a ups ira and that money being locked up. Say we have another housing crash in 10 years and I have 50k in private ira. I can cash that bish out and buy a house. ... rent the house out and make passive income as well as gain value In property value if you can time it right. You can’t touch it in your ups ira. It makes 0 sense.
 

DriveInDriveOut

Inordinately Right
Driveindriveout


Research my friend. The 4th industrial revolution is 5-10 years away. Get in or stay poor.
I've got a dozen casinos a short drive away. Nothing wrong with having some fun with your money.

If crypto is your retirement plan though, I wish you luck buddy, you're gonna need it.
 

DriveInDriveOut

Inordinately Right
That 5500 limit is better than putting it in a ups ira and that money being locked up. Say we have another housing crash in 10 years and I have 50k in private ira. I can cash that bish out and buy a house. ... rent the house out and make passive income as well as gain value In property value if you can time it right. You can’t touch it in your ups ira. It makes 0 sense.
Ya our Roth IRAs are maxed out buddy. Same with our Roth 401ks.
Up your game.
 

Faceplanted

Well-Known Member
I've got a dozen casinos a short drive away. Nothing wrong with having some fun with your money.

If crypto is your retirement plan though, I wish you luck buddy, you're gonna need it.
Thanks. As iv said before, I have a few properties in the USA and abroad as well as property (cars and guns mostly) that will do nothing but appreciate in value. I also have some metals buried. But thanks for your tips.
 

Faceplanted

Well-Known Member
Cars, precious metals, and crypto currency.

You're a trip bro.
Lulz.
Yes cars. 1 classic car, and one other car which has bottomed out in value a couple years ago and has been raising.

This 21-Year-Old Acura Integra Type R Just Sold for $63,800 at Barrett Jackson Las Vegas

Your the type of guy who has no clue about markets.

I also own quite a few russian weapons from pre sanction era. They are all up 200+% in 5 or so years. Stay poor

Keep betting all your money on those stocks bro.
 

Faceplanted

Well-Known Member
I don't think you care to have a reasonable conversation. There's no point discussing anything with you till you've hit that rock bottom and know you don't know everything yet.
I’m conversating right now
My real estate investments are way up

My firearm collection is way up

I have a classic car that has gained 30% or so in the past few years

My crypto investment is down 25%. I lost for now. It happens my dudes. I’m down in that investment and I have nothing to hide.

I’m good. Let’s debate. I’m ready.
 

Faceplanted

Well-Known Member
Lol.
Bro, crypto and VTEC, you are too cliche for words. You're really fun man.
Hurrr durrrr vtec. While I have seen mine and my friend 90s rice burners rocket in price

Look at 3rd gen rx7s. Look at mk4 supras. Look at integra type r. Look At air cooled Porsche 911s, and now even Porsche 996s. I went in with a friend on a couple old school 911s a few years ago and made big bank doing simple repairs and flipping.

Edit to add... driveindriveout, I don’t throw negative vibes to people but your an idiot. Verify everything I said. It’s a google search away.
 

DriveInDriveOut

Inordinately Right
Hurrr durrrr vtec. While I have seen mine and my friend 90s rice burners rocket in price

Look at 3rd gen rx7s. Look at mk4 supras. Look at integra type r. Look At air cooled Porsche 911s, and now even Porsche 996s. I went in with a friend on a couple old school 911s a few years ago and made big bank doing simple repairs and flipping.
Read the thread title.
 

Brownslave688

You want a toe? I can get you a toe.
That 5500 limit is better than putting it in a ups ira and that money being locked up. Say we have another housing crash in 10 years and I have 50k in private ira. I can cash that bish out and buy a house. ... rent the house out and make passive income as well as gain value In property value if you can time it right. You can’t touch it in your ups ira. It makes 0 sense.
A retirement account is meant for retirement. So there are safeguards in place.


That's why you keep liquid assets also.
 

Faceplanted

Well-Known Member
A retirement account is meant for retirement. So there are safeguards in place.


That's why you keep liquid assets also.
95% of people can’t handle their own money. They need a 401k

The same 95% of people can surf social media for hours a day, and watch football for 8 hours on Sunday.... but can’t learn about appreciating assets and simple investing. It seems me you and others are willing to do the work. It pays off.
 

DriveInDriveOut

Inordinately Right
your an idiot
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