Favorite team:LSU 
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Number of Posts:34
Registered on:5/9/2020
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re: QQQ vs the world's best hedge funds

Posted by VanJoe on 8/18/24 at 6:56 am to
TQQQ is my top gainer ytd.
Request pre-approve loan letter from the bank from potential buyer.
Our defense will keeps us in this game till 3 seconds left in the 4 quarter!
Below are my options.
- Lump sum 1 mil (Roll over to an IRA. Pay tax on amount withdraw only)
- 5k a month until I die. My wife receive nothing if I die .
- Joint and survival annuity. Payment reduced from 5k to 4k a month (20%). My wife continues to receive 4k a month if I die.

Should I hire financial advisor to manage the 1 mil or invest it myself?
Where should I invest 1 mil to generate around 4 to 5k a month on dividend that lasted for 35 years?
Y'all convinced me. I'll put 50% in QYLD & 50% IN VTI.
Thanks to all... I'll take the lump sum and invest 100% on VTI.
5k fixed income. No survivor benefits.
I can roll the 1 mil to an IRA account, and pay tax on the amount withdraw.
I’m a heathy 58-year-old with no debt. My company pension plan gives me choice to take one-time lump sum of 1M or receive 5k per month until I die. What should I take?
I'm up to 27,998 now. Didn't fill the last two shares, but I'm ok with it.
Added 3k today...25k total.

re: What to do with $200-250K

Posted by VanJoe on 3/11/21 at 9:36 pm to
I have a beach front condo in Panama City within your range if you're interest.

re: PPP 2nd Round Update 1/14/21

Posted by VanJoe on 1/11/21 at 8:06 am to
Yes...We did receive PPP loan last year. Will have to do some digging. Thanks

re: PPP 2nd Round Update 1/14/21

Posted by VanJoe on 1/10/21 at 5:26 pm to
What quarter do I compare if my business opened June 2019 to present?
if I was coach O.....I'll hire Sark. LSU pay 2 mil, I'll thrown in another mil to get him here. That way, I can keep
my job for a few more years.
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If you are sitting on any losing positions, dump them (and don’t buy them again for 30 days or you’ll be in for even bigger surprises).
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Could someone please elaborate on this statement? what's the surprise?
I put my house on the market last week, and received two offers the next day in Jefferson parish, one offer came in at at full listing price. The agent suggested to list it at 205k, I told him to list it at 213k, in case the buyer want me to pay for his/her closing cost.
FYI: I negotiated the commission down to 4.5% and he's glad to list it.

re: USFD

Posted by VanJoe on 6/13/20 at 12:44 pm to
It should moves north when more businesses are opened. Now is a good time buy.

re: Sell BA?

Posted by VanJoe on 6/8/20 at 6:39 pm to
What goes up...must come down.
The million-dollar question is...When?

Is Ford a good buy short term?

Posted by VanJoe on 5/27/20 at 7:41 am
Up over 25% since 5/13.

re: Stocks on your watch list

Posted by VanJoe on 5/20/20 at 5:15 pm to
I think USO will hit $50 by end of summer.

re: Home inspection question

Posted by VanJoe on 5/16/20 at 7:57 am to
I would ask the seller to replace the roof and repair damaged fascia/soffit. Get a plumbing video if the house is greater than 20 years old. Good luck!

re: When did PPP 8 weeks start?

Posted by VanJoe on 5/12/20 at 7:39 am to
I have a specific question...
If I use 80% of the PPP loan to pay all the laid off employees, and 20% to pay rent while the business is still closed during the 8 weeks period. Is my loan qualify for 100% forgiveness?
LSU is not interested in him. The train had already left.
Stock market is keeping up with the unemployment

re: When did PPP 8 weeks start?

Posted by VanJoe on 5/9/20 at 10:18 am to
PPP loan fund my account on 5/1, but my business still closed due to Mr. "wonderful" JBE in commander. All 5 of my employees receiving unemployment benefit & I still have to pay rent. Should I use the PPP fund to pay my employees (even if the business still closed) to take advantage of the 25% fund to pay rent & utilities? Also, if My business allows to open on 5/22, that means I only have 5 weeks left and I can only use 50% of the PPP loan to pay my employees. Does that means I will qualify for 75% of the forgive loan amount? (25% rent + 50% payroll). Any help to clarify this mess is much appreciated. Clear as mud!