I think you missed three facts that I keep trying to hammer home.
I genuinely don't care enough to do research and spend time watching the markets. I'm fortunate to have more money than time these days so $750 is worth vastly less than me doing it myself.
It's safer. This is a huge % of my life savings were talking about. I don't trust myself to do it.
Yes, but they make money when I make money. I pay like $750 per year to keep my account open, but other than that he only takes a percentage of my monthly gains. The more money he makes me, the more money he gets from me.
And yes of course I could do enough research to match or very them in gains and I could spend enough time watching the markets to make sure I am making sound decisions. Or I could just pay someone a few hundred bucks a month to do it for me. I know what decision I chose.
So I do actually have a high interest account from Capital One it's very nice. But yeah there's a bunch of rules like minimum monthly deposits and it takes up to 5 business days to transfer money out of it. And because y'all are assuming, I also have a 401k and HSA maxed out, and a Roth IRA I put some money in each month.
But yeah I intentionally left out a lot because I am not a financial expert, which is the reason why I went with a broker anyways. But here are the answers for your questions
I have a broker through JP Morgan. I don't know the guy and don't talk to him outside of the once a month he calls me to update me on what's going on.
I don't know what stocks he is trading and I don't care. Every once and a while I'll ask him to invest in something I think would be good like Nvidia or AMD but by the time I hear about something he already moved money around
Of course he is working for the company and not me. I am not that wealthy haha
He consistently makes me 4-6% gains which is plenty for me.
Hi so I am actually maxing out a 401k and HSA, I have a IRA too but I only put a little bit into it. I also have a high interest savings account which is very nice.
But this is my long term savings and retirement. I don't trust myself enough for that and I've made 4-6% gains consistently since I started. Significantly better than I would be able to do (I know because I've tried with smaller amounts) plus I don't have to worry or think about it.
Actually just avoid the stock market entirely and pay someone else to manage your money.
I just have an account that I deposit money to every week when I get paid (actually it's automatically deducted) and never think about it.
Edit: of course make sure you have your 401k, HSA, and IRA accounts maxed out people. I didn't think I was going to have to say this but oh well. And high interest savings accounts are nicer and less risky. Do all of those things then get a broker to manage the rest of your money.
So in Chinese traditions "10000" is just a stand in for "really big number". Kind of like how, at least here in the states, well say "there's a million of them". Not that there is literally 1,000,000 of the thing, but more there is just a lot of them.
My dad's smoker is also able to set key frames so you can have it ramp up or down in temp at various points while cooking. And it can either be set to change temp at a time or when one of the probes reaches a certain temp. Plus he really likes being able to monitor it from his iPad, especially in the winter or if he has to run up to the store real quick.
Hell even if they were an actual adult who very much voted the wrong way and fully drank the cool aid, death is not okay and seeing people online celebrate it because they're "the bad guys" kinda makes me sick.
One of the reasons I got off reddit was any time a video from Ukraine came up the comments were just full of insults and jokes about the Russian soldier who died. And yeah, there is no redeeming qualities of Russia invading Ukraine and they could stop the war just as easily as they started it, but come on guys. That's some guy, a guy who had family and friends and desires and dislikes and now he's dying a slow and painful death in a field somewhere.
You can not like the "other side" but you gotta hold onto your humanity.
I understood that from a IP and trademark stand point. It could be hard to retain your copyright or trademark if you are no longer controlling a product
The Hex Girls had an early and very long lasting impact on me. Or maybe Megan Fox in the first Transformers. Either one, those are the earliest crushes I remember haha
Thank you. You are the first person to actually understand what I am trying to say.