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355 sats \ 5 replies \ @spacewrangler 11 Jan \ on: What to do with GBTC? stocks
I plan to start slowly swapping it out for Fidelity's FBTC once things stabilize.
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258 sats \ 4 replies \ @JesseJames 11 Jan
Agreed, at least you have a chance to beat SP500... and after halving, who knows...! One can't touch it until the ripe age of 65 or whatever the age is now (105?...lol) but still better than "stonks" methinks... Hate to say it that is "safer" because in that world nothing is, but your chances are better to keep it in FBTC than Apple or whatever, plus one gets that small kick from the employer... Lesser of two evils I guess. YMMV as always.
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74 sats \ 2 replies \ @Doo_Deux 11 Jan freebie
I had a few bags in a few of my Roth's that I liquidated last week. Bought up some FBTC this morning with them. I'll just leave them be for the next decade or two and see what happens. Instead of retiring to a cardboard box behind the liquor store, maybe I can upgrade to a cardboard box behind a Goodwill.
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33 sats \ 1 reply \ @JesseJames 11 Jan
That's a taxable event though, no? Or your "hopes" calculated that in?
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32 sats \ 0 replies \ @gmd OP 11 Jan
Roth is tax paid up front then no tax on gains
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0 sats \ 0 replies \ @Bell_curve 5 May
59.5 years
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