Skip to main

Posts & Investments - #investingbasics

Monique Nguyen
@financepillowtalk
💡 Guide to IRAs - Part 1 💡 You may already be bored after reading that title, but PAY ATTENTION. You're going to want to know this info. Why? Because it's going to save you HUNDREDS OF THOUSANDS OF DOLLARS. Read that again. Not hundreds of dollars, HUNDREDS OF THOUSANDS of dollars 👀. ⭐ Here's an example: ⭐ If you invest the maximum IRA contribution every year ($6,000 or $7,000 if you're age 50 anSee more
70
0

Question: Do you have a Roth IRA? Do you like paying taxes? Dumb question 🙄, right? No one likes paying taxes, but they're a reality of life. Well, maybe not. If you love investing 📈 and hate paying taxes 💸, you should be investing using a Roth IRA. All the earnings from the investments you make within your Roth IRA are TAX FREE (as long as you follow all the qualified distribution rules). Peter Thiel, one of the founders of PayPal, was able to turn $2,000 in his Roth IRA into $5 BILLION, TAX FREE 🤯 (article link below). Let me know if you'd like to see a more in-depth post on Roth IRAs. ----------------- Note: If your income is too high to directly contribute to a Roth IRA, check out the Backdoor Roth IRA https://youtu.be/g-VXA7Ze4qw ----------------- Quick crash course on 401Ks and IRAs: https://youtu.be/Z8y8UXOmJG4 ----------------- Refresher on how stocks are taxed: https://youtu.be/N43PxOTSJcE https://public.com/posts/F4h2sIIUM3Vzro52aIJu506THPlq7PR9 ----------------- Peter Thiel article: https://bit.ly/3jmEZ2u ----------------- #taxefficiency #investing101 #investingbasics #rothira

YAAAS I love my Roth IRA47.41%
NOPE taxes are whatev11.85%
HELP me understand it40.74%
135 votes Ended 09/26/21
46
0
#sectorrotation Unless you’ve got a crystal ball 🔮 or one of those almanacs 📘 from Back to the Future, most people cannot successfully time ⏲️ the market. If you attempt to time a market crash, you will likely guess wrong, panic sell as the market is dropping 📉, and buy back in when the market is already on its way back up 📈. Selling low and buying high--the perfect way to lose lots of money 💸. ISee more
50
0
Mutual Funds vs Index Funds vs ETFs
What's the difference?
4 min read
24
0
If you've got your investments spread over multiple platforms it may be difficult to keep track of your overall performance. One way I track my investments is using a simple Google Sheet. I document the stock ticker, purchase date, share price, number of shares purchased, and I input a formula that automatically pulls in the current price of the stock. Give it a try and let me know what you think.See more
75
0
📚📚📚 SPAC Attack! 🎢🎢🎢 Lately I’ve seen A LOT of questions and comments around SPACs so I thought people might appreciate a very quick primer from the perspective of a former investment banker: SPAC stands for Special-Purpose Acquisition Company and are sometimes referred to as “blank check” companies. When a private company wants to go public it usually has to go through a lengthy registration pSee more
14
0
Own your future.
Build your portfolio.
Products
Contact Us
Check the background of this firm on FINRA’s BrokerCheck.

© Copyright 2023 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

Stocks and ETFs.
Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Alternative Assets.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). This content is not investment advice. These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures.
An affiliate of Public may be “testing the waters” and considering making an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. An indication of interest to purchase securities involves no obligation or commitment of any kind.

Crypto.
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Legal Disclosures, Apex Crypto.

Treasuries.
U.S. Treasuries (“T-Bill“) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account“).

JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. Such banking services and accounts are subject to transaction dollar amount and/or frequency limitations set forth in the Jiko Bank Account Limitations Disclosures.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.