general

lol

Uhhh no you mistake me for a smart investor

I use robinhood because its easy

I don't think there is any "smart investing" anymore

And coinbase because its also easy

I use Robbinhood too, just be careful with crypto, because they default to weird rates

robinhood for stocks is the best imo

all the other apps suck

Webull can die in a hole

Its good until their app dies during important times

Like corona trading

and all the trad services like Fidelity or Vanguard are for boomers

Ive head td is good

Heard

But really, if you want to max out your 401k, dump the federal maximum into a Roth IRA, and they put the rest in index funds that's the most financially sound way to "make money"

even though you're not really making money you can do anything with

it's all paper

I should be doing that but meh

I don't want to retire at 70

and want to buy a house

Until very recently i was rolling my entire wealth into cc payments multiple times a week

actually, I take it all back

Its finally snowballed enough where i dont need to do that

step 0

is if you can invest capital to make capital

do that

like Reggie was

My job is dead currently

Lhr unlock killed the cash cow

RIP

As well as crypto crash

with crpyto though, general advice is to not be a long hauler/ bag holder

if you're getting in now, with BTC ~30k and Eth ~2k

Wdym btc 1mil by 2026

Thats what all the news articles say on google

We're all going to be the 1%

if BTC spikes and hits 50k this Summer, sell with no remorse

don't wait for new all-time highs

(and sure as fuck don't pay taxes on it)

If you go thru rh you kinda have to

yeah, and fuck them

though, if you want to sell at a loss

use Robinhood

because then it's easy to claim

Wdym

to offset gains

Sounds like I'll go with crypto to dodge the IRS

What, like transfer in btc saying it was bought at 60k and selling at 40

idk how Robinhood handles crypto transfers

tbh

I've not played with it yet

Because if you buy it on rh thats kinda hard to claim

Loss

yeah, I don't have a scheme for that yet

I'll come up with one

The easiest way to not pay taxes on btc ive found is

Leave it in the nicehash wallet from when its mined

Because they dont have my ssn idt

Anywhere else has to take that info now

Robinhood is nice because you can swap money between stocks/crypto easily

and if you want to just play it safe after you sell your crypto, you can just dump it into SPY (S&P 500 Index fund)

Regi's right that they'll fuck you with taxes though

but hey, maybe that's what you wanted

I'm going to go eat lunch now, but I hope you don't lose all your money Polu

and trust me, whatever financial decisions you make will be wrong, and you will regret them or doubt yourself from now until you die

money sucks

Nicehash apparently probably does have my ssn they just dont make a 1099b unless you ask, which why the fuck would you

Good 2 know

I don't think so Regi

unless you signed up for their tier 3 processing market service

I'll reread this when I am home and can make these mistakes

Wait

Nevermind

Im tier 0

So all they get is my email

idk if it's because I'm grandfathered in on Binance or what

but they also just say fuck KYC

Shit, so i can dump all this btc from nh into rh at the end of the year and claim a massive L

they tell you you can export your spreadsheets, and use a 3rd party service to file taxes

if you're dumb