Useless Thread MDCCLIII: NHL 20 IS OUT NOW ON EA ACCESS! DROP DATE SEPT 13 2019

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John Price

Gang Gang
Sep 19, 2008
385,043
30,539
message to the haters

eh4uuGc.jpg
 

LarryFisherman

o̯̘̍͋̀͌̂͒͋͋ͯ̿ͯͦ̈́ͬ͒̚̚
May 9, 2013
6,365
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Arvada, CO
that'as what a 401k is for

if you already have that it comes out of your paycheck

doesn't mean you should still save especially when you're a single bachelor with no girlfriend to buy gifts for or kids to support

This just is not correct. For one, both my vangaurd and td ameritrade etf's outperform my work-driven handcock 401k. They match up to 10k, so i contribute and get their free money, but it wouldn't make sense for me to dump everything I own into it after that when that same money can work harder elsewhere.

Also, diversification is a real thing. You wouldn't put all of your money into a single stock, and you shouldn't keep all of your money in a single location. That way, if something happens - say the index that your 401k plays in gets Enron'd and completely shits the bed, you haven't lost all your money. Diversify, diversify, diversify.

I funded my td ameritrade account with 10k and set it to high-risk. I could afford to take that hit if things shit the bed. I just bought it after the awful month of august so i'm hopeful things can turn around. My vanguard account is much more nested and low-risk. I use Robinhood like an autist to get my gambling out and try to swing for the fences. I usually keep it 2k and under because that shit is dangerous.

Imagine just lumping all your cash into one f***ing place, LMAO.
 

John Price

Gang Gang
Sep 19, 2008
385,043
30,539
This just is not correct. For one, both my vangaurd and td ameritrade etf's outperform my work-driven handcock 401k. They match up to 10k, so i contribute and get their free money, but it wouldn't make sense for me to dump everything I own into it after that when that same money can work harder elsewhere.

Also, diversification is a real thing. You wouldn't put all of your money into a single stock, and you shouldn't keep all of your money in a single location. That way, if something happens - say the index that your 401k plays in gets Enron'd and completely ****s the bed, you haven't lost all your money. Diversify, diversify, diversify.

I funded my td ameritrade account with 10k and set it to high-risk. I could afford to take that hit if things **** the bed. I just bought it after the awful month of august so i'm hopeful things can turn around. My vanguard account is much more nested and low-risk. I use Robinhood like an autist to get my gambling out and try to swing for the fences. I usually keep it 2k and under because that **** is dangerous.

Imagine just lumping all your cash into one ****ing place, LMAO.
tOyuY2u.jpg
 
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