BrentED

Thanks! This is really helpful!

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I'd highly encourage you to pause on getting knowledge and experience trading stocks and instead focus on learning the basics of investing in tax advantaged accounts, asset types and taxation. You have some gaps in understanding TSP, your primary retirement investment account. So I would focus there first.

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Thanks! This is why I gave so much information and background with investment accounts. You can say you want to discuss strategies for selling stocks. But I know there's definitely a priority/hierarchy to making your money work for you, and that doing so with tax advantaged accounts seems to be close to the top of the list.

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TSP (like 401ks) are a separate limit than IRAs. You can max both TSP and IRA (Roth or traditional). You need to consider marginal tax bracket now versus the effective rate you expect to pay on withdrwals (some portion is likely to fall in lower bracket even if last part of annual withdrawal falls in a high bracket. So dont just compare marginal vs future marginal rate.)

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Got it. Good info that I was unaware of.

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Your TSP employee contribution max is combined between civilian and uniformed service TSP accounts (just like you cant max 2 seperate 401ks for same individual). You also need to make sure not to max it before last paycheck because there is no true up provision w TSP so you miss matching for rest of year.

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Yup! Ran into this issue last year. Missed out on nearly $1k free money.

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If you arent over income limit you can also contribute to Roth IRA (can also fund one for spouse.) If over limit you could backdoor Roth but first you would probably want to rollover the SIMPLE IRA into TSP to avoid prorata rule.

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I make the cut. Would rolling over my simple IRA account into my TSP have any effect on my $23,500 limit per year for my ROTH TSP? Or would a rollover be exempt from those contribution limits?

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Sorry, that's a lot but hope it is helpful and illustrates the point you have a lot to learn about your primary investments before concentrating efforts on how to effectively assess value and trade stocks.

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No, this is super helpful. The goal is to make my money work as well for me as it can without me screwing it up. I've made enough mistakes managing investments over the years, I'm ready to get it straight and there's not any room for ego when the alternative is to kick myself a year or two from now when I learn there's a better way but it cost me a couple thousand dollars. Thanks!

:lol:

Yeah, it was a lot. Sorry about that. Thought about dialing it back, but I've been reading this board long enough to know a number of questions that follow these threads and was just trying to give as much background as possible (e.g., describing that this account isn't for retirement, etc. ).

I also know that the question of what my goal is (i.e., investment vs. trading) is usually a key focus, and in this case it's a bit of a hybrid.

Thanks for the recs. Appreciate it.

First time posting on the Money Board. Long-time lurker. First, thanks for all the great information on here always, including on the stickied threads up top.

I wanted to get the MB’s thoughts on when to buy/sell various stocks that I’m investing in. I get “buy low, sell high,” but I’d like to see what resources (books, podcasts, videos) and insights/strategies you all might have on this account I opened. Let me give a bit more info.

I’m a federal employee and have my TSP maxed out and have 529s periodically funded for my kids. I have a rental and I’ve been considering buying another property for a while, but haven’t pulled the trigger for a variety of reasons. So rather than just watch my savings lose value, I moved my savings into a HYSA, and then decided to open an E*Trade account with a bit of my savings about 18 months ago to get a bit more return. The E*Trade account isn’t for retirement, but just to try to generate a bit more return and pull out, if/when needed, for a big purchase/investment, or to just keep trading/re-investing over time.

I put in an initial amount into the account when I opened it to just get an understanding of stocks and have just let it sit since that time. I’ve periodically funded this account, and have bought other stocks, but haven’t sold anything yet. I’ve had about a 10% return since that time (admittedly with more losers than winners, but NVDA, SPOT, and my ETFs have really helped tip the scales in the green). I have about half my portfolio in ETFs (e.g., QQQM, VOO, and SCHD) and the other half in individual stocks (NVDA, SLI, SPOT, AUPH, AKBA, PLTR, and probably about ten others). My NVDA holdings make-up about 1/3 of the value of this portfolio, and I considered selling a bit off if it climbed another 20-30 points before it’s recent dip over the last week.

My current strategy is to continue to treat the ETFs more as investments, but would like to begin selling portions of some of the individual winners and trading them (not on a daily/weekly basis), but just in an effort to realize some of the gains, and reinvest those gains in stocks that might have a bit more room to run. With NVDA, as an example, ideally if it continues to rise, I’d like to hang on to some long-term, but if I could pull out a portion of it once I get my initial investment back, that’d be nice to know that anything else that came from that would just be gains.

Does anyone have any pointers/strategies for doing so, or resources I should be considering to better educate myself in trading periodically? Unlike my retirement account, I know with individual stocks, I should be a bit more active in the management. Also, when I realize some of these gains by selling, what resources would you recommend in terms of educating myself on the tax ramifications if I’m still just reinvesting them in this E*Trade account.

Again, I realize this is the fundamental question of how to “buy low, sell high,” but I feel I’m just letting everything sit without much strategy and would be interested in any POVs on how to approach this (i.e., similar to the long-term ETF and NVDA approach above). Thanks.

Clay vs NO
Rudolph vs WSH

Standard scoring.

Thanks in advance.

No, this is strictly a move for weeks 14 and 15 in mind.

Barring a collapse, it looks as though I'm on my way to the playoffs, but with Elliott's playoff status uncertain, I need to figure out how to possibly make up that production in the playoffs. Luckily, Gordon is on the WW. So I'm hoping he can relive some 2014 magic

Thoughts on dropping any of these guys for him:
D McFadden
T Montgomery
D Henry
D Jackson

All these guys are on my Bench and have been for weeks.

I'm leaning McFadden but I'd like to see if he moves into Elliott's spot when the hammer finally comes down.

Forte

Good call. Thanks

Debating on my RB 2 and Flex. Options include:

Kamara vs GB
Ivory vs Indy
D Henry vs CLE
D Jax vs BUF
J Landry vs NYJ
T Montgomery vs NO
A Jones vs NO

Standard scoring

Perine.

Looks like Forte is back and Powell may be back as well.

I just dropped McGuire for that reason.