Stock Market/Investing/Fin Planning Catch-All

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gregh1 said:
What else ya got?

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I fucked up Oklo so bad, man. Had 400 shares at ~$25 or something. It went down briefly and I sold some covered calls, then ripped up. 3 of them ended up getting exercised, I rolled one out to next year at a $60 strike. I wish they’d just exercise it so I could stop looking at it 😭
 
Honestly it seems like OKLO has been anointed by the market powers that be. Just keeps making huge moves up almost every day.
 
So I inherited 300k from an uncle. Im young so Im trying to learn as much as possible with what to do with it. It's now safely in a savings account drawing like 3.5%.

I'd like to get more out of it than 3.5. Any suggestions to help a fellow Tar Heel brother out? Maybe a trustworthy financial advisor? All this investing stuff is like Chinese to me unfortunately.

I take care of my mom who is handicapped so I cant afford to risk losing it in something high risk if that makes sense.
 
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takingAdookie said:
So I inherited 300k from an uncle. Im young so Im trying to learn as much as possible with what to do with it. It's now safely in a savings account drawing like 3.5%.

I'd like to get more out of it than 3.5. Any suggestions to help a fellow Tar Heel brother out? Maybe a trustworthy financial advisor? All this investing stuff is like Chinese to me unfortunately.
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Yea. Find a reliable guy. You can do way better than 3.5 percent. If you want to see what you can do, take a small percentage and invest in quality sticks that pay good dividends then sit back and watch it all grow.
 
nrsair said:
Honestly it seems like OKLO has been anointed by the market powers that be. Just keeps making huge moves up almost every day.
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Damn. Someone boasted about AMD few months ago and I bought some. Gone from 160 or so to 220. Wish I had read about oklo. Is it still a buy?
 
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takingAdookie said:
So I inherited 300k from an uncle. Im young so Im trying to learn as much as possible with what to do with it. It's now safely in a savings account drawing like 3.5%.

I'd like to get more out of it than 3.5. Any suggestions to help a fellow Tar Heel brother out? Maybe a trustworthy financial advisor? All this investing stuff is like Chinese to me unfortunately.

I take care of my mom who is handicapped so I cant afford to risk losing it in something high risk if that makes sense.
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300k is probably on the borderline of whether it's worth getting a financial advisor. Honestly you might just want to park it in an index fund and leave it alone, especially if you don't plan to use it anytime soon; you should get better than 3.5% from it long-term, but obviously it would be more up and down than a savings account because the market can be up and down.

I will also say that 3.5% is pretty good for a savings account.
 
rodoheel said:
300k is probably on the borderline of whether it's worth getting a financial advisor. Honestly you might just want to park it in an index fund and leave it alone, especially if you don't plan to use it anytime soon; you should get better than 3.5% from it long-term, but obviously it would be more up and down than a savings account because the market can be up and down.

I will also say that 3.5% is pretty good for a savings account.
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At 300,000 I assume the fee-whatever you call the % the adviser gets -is an issue?
 
heel79 said:
Yea. Find a reliable guy. You can do way better than 3.5 percent. If you want to see what you can do, take a small percentage and invest in quality sticks that pay good dividends then sit back and watch it all grow.
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I mean thats my dilemma. How do I find a reliable honest guy? All my friends are broke bitches so I can't turn to them for help, homie. lol
 
heel79 said:
Damn. Someone boasted about AMD few months ago and I bought some. Gone from 160 or so to 220. Wish I had read about oklo. Is it still a buy?
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Depends on how bullish or skeptical you are on a) nuclear and b) AI. They’ve got secotr-leading tech in their reactors and good relationships with the government and tech companies. But honestly even that might not matter with the momentum it’s got. May end up becoming a vibes-based perma-bull stock like Tesla.
 
I wouldn't get a CFP. Go to boggleheads and talk to them. The big question is do you have a need for the money soon? If so a savings account is great but if not an S&P Index fund is the way to go. I would dollar cost average it even though statistics say it isn't the way to go
 
takingAdookie said:
So I inherited 300k from an uncle. Im young so Im trying to learn as much as possible with what to do with it. It's now safely in a savings account drawing like 3.5%.

I'd like to get more out of it than 3.5. Any suggestions to help a fellow Tar Heel brother out? Maybe a trustworthy financial advisor? All this investing stuff is like Chinese to me unfortunately.

I take care of my mom who is handicapped so I cant afford to risk losing it in something high risk if that makes sense.
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You thought about rentals? Use the rent to dollar cost average into an index fund. Or use the extra income to boost your cash flow.
 
rodoheel said:
300k is probably on the borderline of whether it's worth getting a financial advisor. Honestly you might just want to park it in an index fund and leave it alone, especially if you don't plan to use it anytime soon; you should get better than 3.5% from it long-term, but obviously it would be more up and down than a savings account because the market can be up and down.

I will also say that 3.5% is pretty good for a savings account.
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This. and consider aggresive growth funds also if you're under 40. Maybe even 45.
 
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