Rory said:
Should I wait to invest my Roth IRA until after the election? I’m 25 and have $5k to contribute. Would it make sense to wait for potential market drops or just invest now?
Go ahead and fund it now, then dollar-cost-average (DCA) over the next six months if you’re worried.
First-time poster! My company is offering a secondary sale of shares at around 15x what I paid for them. The company is about 10 years old with plans to IPO eventually, but there’s no set date. I’m thinking of selling 20% of my shares (the other 80% are still options). I don’t need the money right now but want to cash in a bit in case an IPO doesn’t happen soon or things change. Does selling some now sound reasonable?
@Vail
If you think it’s a good time to lock in a nice profit, I’d say go for it. You might not get another chance at an easy sale like this, especially if the company is facilitating it. I sometimes wish I’d sold more shares from a startup I was with.
A few months ago, this random fund showed up in my Schwab Roth account with no ticker, just 4 shares valued at $0.
JOHN HANCOCK MLTFCTR XXXPOSSIBLE FUTURE DISTRIBUEFF: 04/26/24
Anyone have any clue what this could mean?
@Sawyer
Sounds like you might’ve had a fund go through a reorganization. Probably best to call your broker and get the details.