Favorite team:Missouri 
Location:Lees Summit
Biography:Real estate investor
Interests:Golf, Football, Basketball
Occupation:Real estate investor
Number of Posts:869
Registered on:3/15/2017
Online Status:
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re: Solo 401k Help

Posted by TigerDoug on 7/8/26 at 2:08 pm to
quote:

I am going through this process for the first time as well, as LLC taxed as S-Corp. I simply use QuickBooks Online, have a Business Checking Account with local Bank, and just opened the Solo 401k through Fidelity.


I have used Fidelity for my solo 401k for 10+ years. 24,500 is correct if under age 50
quote:

I see you guys talking about NBIL, but why do you favor that over NBIG which is 2x as well. They have similar bid ask spreads, and they are both liquid with NBIL always having more volume though. NBIG has an expense ratio of 0.76% vs NBIL's 1.5%


Excellent question. Had to AI this...

Key Takeaways for Traders

Fee Efficiency: NBIG cuts the annual expense ratio exactly in half compared to NBIL (0.75% vs 1.50%). If you plan on holding a position for more than a few days, NBIG will apply significantly less fee drag to your capital.

Execution Premium: NBIL was the earlier entry to the market. It often commands higher daily trading volume and a narrower bid/ask spread. This can make NBIL slightly more efficient for high-frequency day trading, where entry and exit execution speeds matter more than underlying management fees.

Because both rebalance daily, the choice depends on whether you value lower management fees or tighter execution spreads.
NBIL provides 2x leverage. So gains are magnified but so are your losses.
Wow!! Pre market
Ccxiw - 9.00 up 1.59 - 21.46%
Ccxi - 18.62 up 1.17 - 6.70%

Thank you bayou!!
quote:

12 years of higher education.

Ph.D. candidate.

Law school graduate.

Currently employed as a coffeehouse barista.

Says US deserved 9/11.

Says Israel deserved Oct 7.


My understanding she had a real job as an attorney for about a year and was FIRED. couldn't hack it in the real world.
Interesting pre market.

CCXIW - up .73 to 6.99 - 11.66%
CCXI - up 1.33 to 15.18 - 9.52%

If I understand correctly, buying Jan 21, 2028 calls at 45 strike price?
quote:

Doesn’t an LLC allow for “pass through” funds to one’s own personal taxes?


Not near enough information on this. is the LLC a single member or more than 1 member? More than 1 member defaults to Partnership but the LLC can be a c corp or an S Corp as well. You would need to file a business tax return. Single member - income/loss would be reported on personal return.
quote:

is the shave SOP or did he just not want to give ol boys something to grab on to while they are railing him?


Seems like a question for Powerbottom.
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What's your next pivot? I can't wait.


Oh Powerbottom....take the L.
Just like you take the D
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With my side lawn care business that I do not pay any taxes


The IRS would like a wors with you.
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For the St. Louis TV Market" they said.


You forgot the Kansas City Market you twit
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whatever you say tinkerbell


Like you have room to talk. You and power bottom are inseparable. What a disgusting site that is.
quote:

and people aren't going to be paying more per square foot for a smaller house.


Wrong on that statement. I have seen many instances where they are paying more $ per sq ft. One example i had an older lady who was in a multi level home and wanted a ranch style home that my brother and I had purchased. The 1st day we were at the house we had 9 different people saying that were interested. This ranch had zero steps.
quote:

I've met very few people in my life that celebrate constant failure like you


Well your wife is on that list
Prison cell adventure.... HA HA...

Instead of Bubba I think he will meet Ben Dover.

quote:

You are duly named, “boxcar Willie”


Aka "the fudgepacker"

re: Social Security at age 62

Posted by TigerDoug on 4/17/26 at 7:44 am to
quote:

The "claim early and invest" strategy just doesn't make sense.


I will be taking SS early but I also have 14 rentals that will be owned free and clear by that time
quote:

He could save some money and get a Chinese nanny.


fang fang would have done it for free.

re: Lightwave Logic LWLG

Posted by TigerDoug on 4/6/26 at 10:44 am to
Stock has been on the move the last 2 trading sessions. Something leak out?