r/investingforbeginners

▲ 5 r/investingforbeginners+1 crossposts

I need a mentor. 120k

I just recently ran into 120k also tax free....i want start investing and make the most i can as fast as i can..idk where to start or what to do.....i need a personal mentor thats been down this road....who would I look for in the kind of profession

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u/Available-Zombie9195 — 6 days ago
▲ 192 r/investingforbeginners+105 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 13 days ago

Brokerage account on margin mess up

Im 18 years old and I put all the money from my job into my brokerage account and ROTh IRA.

My dad decided he was going to trade on margin on my brokerage account and its now been -$1.4k and accruing interest since June. How in the world do I fix this and should I be worried, I am using Schwab and i am not sure how to clear these positions or how much I actually lost.

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u/nOwThAtsAlOtOfDamag3 — 11 days ago

3% 4% dividend rule

Hi so I've been in the service industry most of my life and I saved a good amount. I want to get some passive income because I know I don't want to be running a bar forever.

I wanted to open a brokerage account like a fidelity or a Charles schaub and invest but what do I invest in to get the 4% dividend passive income.

I want to invest like weekly into it and let it grow for a while. I also decided to stop drinking and indulging so I want to use that money for my portfolio.

I did some research and found coca cola was a good one and I decided to cut that out to. So everyday I buy like 30 dollars of coca cola stocks haha.

Please help me

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u/Constant_Pick_4706 — 10 days ago

Help for 70+-year-olds with late start in our ROTH IRAs

Hello Fellow Investors! I need advice on what we can do in our situation. We are a couple in our 70s and both have ROTH IRAs with Schwab. One ROTH I just started because I recently found out I could have had my own ROTH account! The other is my spouse's ROTH account that was started for him around 2012 which he just recently told me about. Neither one of us knew we could have been contributing to this account all this time! Crazy, I know.

Anyway, financially I think we'll be ok once we lose our stipend in 2030, but our income will be changing significantly from $5900/mo to approximately $4,000/mo.

I know very little about stocks and investing. My question is my husband's ROTH was set up in 2012 with these 3 ETF stock accounts: IVW, VPL, and VO. I have recently added VOO, SPYM, and SCHD. I know this is so late stage, but I would love some guidance as to what investments would work best for our situation. Should I sell the IVW, VPL, and the VO in my husband’s ROTH and reinvest in VOO, SPYM, SCHD, change to something else, or leave them alone? If the new ETF stocks I added are ok, I'm not sure what percentages to allocate.

Also, I'd like to know what to do with the RMD we won't need for the 4 years we will be taking this out of our new annuity. Should we put it in a high yield savings account, a taxable brokerage account, money market or what? Thank you all for your help.

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u/Lindy-Bee — 11 days ago
▲ 4 r/investingforbeginners+1 crossposts

VivoPower

Just put $50 in on it. Data Centers, especially ones focused on AI are going to take over. Let’s just be real. NVIDIA Executives have been talking about the billions being invested into AI over the course of 3-4 years!

But with ever new development in software and tech all together… what matters most? INFRASTRUCTURE! That said, Vivo is establishing themselves as a major player in building and leasing Data Centers.

…thank me later

Love You All & I wish y’all many wins!!!

What markets are you all looking at?!

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u/jflxwers — 11 days ago

Higher risk EFTs

I invest £50 per month on a direct debit, my portfolio is about 85% global funds and 15% in emerging markets. I am mid 20s and wondering if I should be investing in higher risk funds at this age? If yes, which could be good for me to have a look at?

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u/Square-Heart9279 — 11 days ago