Stock Market/Investing/Day Trading/Speculative Trading Thread | Page 217 | The Platinum Board

Stock Market/Investing/Day Trading/Speculative Trading Thread

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Stock Market/Investing/Day Trading/Speculative Trading Thread

Will stonk up ever again?
Stan Marsh America GIF by South Park
 
My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Explain It Season 5 GIF by The Office
 
My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Explain It Season 5 GIF by The Office
Depends how it’s invested but generally speaking, selling right now is a poor decision. You can’t time the market. The best days always come in the midst of the worst. One of these days we are going to have a big pop back to the upside and you don’t want to miss that
 
My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Explain It Season 5 GIF by The Office

Literally no reason to panic about an IRA in your 20s. You're holding that shit for 40 years from now.
 
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