12-07-2020, 05:39 PM | #2685 |
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12-07-2020, 10:13 PM | #2687 |
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My buddy is up over 20mil, started with 200k since March. Day trading full time and makes very risky plays. High risk, high reward I guess. I don’t have a stomach for moves like that.
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IllSic_Design2124.00 |
12-07-2020, 11:44 PM | #2688 |
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Been a while since I posted here. It's been a crazy ride and what I will say is that for every winner in the short term stock market gain there are hundreds of losers. If I exited every position I have in the morning I am up 26% since April but there was a point when I was up 220%. Should have bailed out then. I am slowly exiting out and plan to do so until I am out of all short term trades in my TDA account. All my long term retirement money is in a 401k and that will remain. Manually trading stocks is a complete crap shoot for me. Been entertaining though but as I get busier with the job that pays the bills I have less time to spend waiting on and watching stocks looking for an exit.
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12-08-2020, 03:18 PM | #2689 |
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$5 says I have the highest 401k matching of anyone here...
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12-08-2020, 03:51 PM | #2691 | |
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tigermack479.00 |
12-08-2020, 06:15 PM | #2693 |
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12-08-2020, 08:48 PM | #2694 |
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My employer was paying a 12.5% match (if I put in 5%) up until July. Because of COVID, they dropped the match for everyone who survived the ~14% staff layoff the month before.....
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12-08-2020, 09:59 PM | #2696 |
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Probably 85% match up to like 3% of your contribution or some bullshit lol. No company matches 85% to the max IRS limit, and I'm almost positive unless he proves me wrong. I know since I work for one of the companies who has the highest known 401k match in the country, for every dollar you put in till max.
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vreihen1615631.00 |
12-08-2020, 10:22 PM | #2701 |
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12-09-2020, 07:49 AM | #2702 | |
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12-09-2020, 08:40 AM | #2703 |
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Are they above the 12.5% contribution that I was getting if I put in 5%? Just curious about how our pre-COVID rate compares against the alleged top match in the country, in case I need to re-negotiate once COVID is over.....
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12-09-2020, 08:48 AM | #2704 |
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Don't get ahead of yourself - that said 85% of ELIGIBLE compensation. Not 85% of your salary.
Your eligible compensation could be 2% or 3% or something low like that. How about you prove that component too! |
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12-09-2020, 09:05 AM | #2705 |
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I deleted my pics fyi, here's the glassdoor link proving it's 85% of contributions. I've also worked here for a decade so I'm aware of the rules.
https://www.glassdoor.com/Benefits/F...E240744_N1.htm
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12-09-2020, 09:46 AM | #2706 | |
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