I recently moved a couple retirement accounts I set up (but never really contributed much to) at TRowe and were invested in mutual funds to Fidelity. They were a small Roth IRA and traditional IRA. The traditional was mainly rollover money from 401k's from a previous employer and is around $50k. The Roth is around $12k.

This is not my main retirement account, that's currently a 401k I'm putting 10% into + a 6% employer match. I estimate I'm 12-15 years from when I'd like to retire.

My wife has considerably more invested (from an inheritance) and we also have a house. She also stands to (probably) inherit more, including property. My parents on the other hand are a little more "blue collar"...We are looking to move in the next five years and start downsizing as we are both in our early 50's. We still have two kids in college which we are paying for out of pocket so to avoid student loans (which I realize directly impacts the total amount we can be actively saving for our own retirements)...

Anyway, does it make sense to explore converting my current traditional into a Roth IRA? Since I've moved into Fidelity several months ago it's being just getting beaten up as the market - depending on the investment (ETFs) I'm currently down anyway from 5% to 9%, so does that mean I'd be taking a capital loss and therefore avoid a big tax penalty?

​

When I thought that earnings season started with a bang I did not expect this week's reaction.

As always there are no good or bad earnings only how the market reacts to earnings and apparently the market does not like earnings this quarter.

More tech giants are going to report next week and bulls can only hope that sentiment changes.

Let's hope other tech giants don't go cash flow negative like Meta.

If the NDX 100 ends lower next week the monthly chart will show two consecutive reversal patterns (One hanging man pattern and one bearish engulfing pattern)!

From a pure chart perspective semis could bounce at the 200 day average if the bull market is overall still intact.

Fear and Greed index plus put/call ratio allow for a bounce any time.

That leaves us with the drop in yields. I posted several weeks ago that the volume spike in TLT suggested that the bottom for bonds was in. TLT recovered 6.3% since the low early October!

The main question is why?

Is AI demand going down risking that the house of cards will finally implode or

Is the rest of the economy so weak already that we are at risk of a recession?

Nobody knows and only time will tell but one has to watch closely to make sure yields don't drop for the wrong reasons.

What does this mean for the portfolios now?

Short term portfolios continue to only be invested in the S&P 500 (80%), TLT (bonds 30%) and KWEB (15%). That adds up to 125% meaning leverage is 1.25. KWEB had a rough week but mid week the options action suggested a bottom was possible. I am still fully invested because charts are not broken yet.

Short term portfolio is up 21.8% YTD.

Long term portfolios continue to be in a defensive stance with a 60% allocation for the S&P 500 and 30% Cash/Bonds. Rest is c r y p t o and KWEB.

The monthly NDX 100 chart pattern still looms large over the market and suggests we could roll over for a very long time.

Thanks to the recovery of TLT long term portfolios are up 11.8% YTD

Given the current chart picture again no trades are planned for next week!

Have a great weekend!

I don't normally track individual stocks that closely but during today's tech selloff I noticed that the big 3 U.S. chip equipment stocks AMAT, KLAC and LRCX are all down 50% or more from their recent 52-week highs. ASML is also down but only around 22%. I'm sure there are even worse examples in the AI related tech space. I have no other input or comment other than that. I guess I'm just glad I never jumped on that bandwagon. Where do people think these 3 will bottom out?

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

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I work in marketing, and for most advertisers, Google, Meta and TikTok are where the marketing dollars flow. Beyond that lies the scrapheap of experimental channels: the Reddits, the Snaps and whatever else got a test budget this quarter. At the very bottom of the pile sits Pinterest.

It's been around for over 15 years, and surprisingly enough it makes over $4.5B in revenue with a user base that's slowly but surely growing. Unlike Google and Meta, which have been spending heavily on AI infrastructure, Reddit, which is licensing its content to AI companies, and Snap, which always seems to be in the news for a misguided hardware launches (2K AR glasses anyone) , Pinterest has stayed relatively staid.

I valued it at ~$20/share; and is currently at ~$21.95 today.

• Revenue: $4.6B trailing, growing ~16-18% a year; I assume it slows to ~5% and roughly doubles over 10 years.
• EBIT margin: ~16% after capitalizing R&D (7.6% reported); I assume it grows to ~20% over 10 years. Meta is at 41%, Reddit 20%.
• Net income: $417M in 2025 and ~$250M over the last 12 months, though it dipped to a loss in the first half of 2026 on restructuring and higher stock comp.
• Users: 619M monthly users, but US/Canada users generate ~$31 a year each vs. $0.83 for Rest of World.

At ~$20, Pinterest looks fairly priced. If Pinterest can figure out how to make real money from users outside the US and squeeze more profit out of each ad dollar, there's upside here. But if people start asking AI platforms to make purchasing decisions instead of scrolling Pinterest, there isn't.

Let me know if anyone else follows this company or has a different POV from mine.

Looks like bond investors are getting out of the smaller player AI bond trade and buying government bonds over these companies' debt, driving Treasury yields down. Could be a good thing?

Seems like the AI trade is diverging: those larger established companies with many revenue streams from different services, compared to smaller players who are not profitable and accumulating too much debt. Attrition will come, and only the few will survive, like during the Dot com times.

In the last year, I became concerned about my account security. I don't want to log in one day and find years of savings has vanished. My response was to get a cheap Chromebook and only open my investment accounts and H&RBlock tax service on that machine, and changed my passwords on it, while using my Macbook for my other 99.9% of activity. The idea being that if there is malware on random websites, that Mac machine will never see my investment logins and the Chromebook will never see any random websites.

Already using 2FA on my phone, of course, but SIM hacking makes that seem inadequate. Are there better security measures I should add, like physical hardware devices or ???

So there's no 10 year rule inheriting a spousal IRA. But say you're in the rmd age range while the spouse that passed has not reached rmd age yet.

Do you inherit the rmd age associated with the inherited IRA or upon the inheritance, does your rmd status mandate you begin taking rmds from the inherited IRA?

Not sure how that works. I'm not in that situation, but just curious in general how the rmd of an IRA applies with an inherited IRA.

On tues the 10 yr closed at 5.12%, the 30 yr was around 5.4% and the S&P still finished up 0.28% and normally when yields are this high and something's making the market nervous (this month it's the aidebt story with coreweave's bonds reportedly yielding something like 15%, per reports on its 9.625% notes due 2032 around oct 13 to 14) I would expect the dollar to catch a bid but instead the dollar index fell about 0.27% to around 101.7 and one fx desk's note this week said it had weakened against every G10 currency.

A few things happened at once ,japan's 20 year bond auction drew record demand and the yen jumped, with USD/JPY down to about 158. Brent stayed near $110, gold held around $4,150 and the fed meets next week with a hike still on the table but less likely after weak housing data so it isn't a clean risk off trade and I not sure what it is

I notice it in a small way because I send money to family every month and onn oct 8 a dollar bought ₹96.88 and on 19th it bought ₹94.92, so about 2% less and I checked everywhere wise,aspora,remitly all moved the same and to be fair, most of that is the rbi curbing dollar demand and so it's a bad example but it made me look at the bigger picture.

My guess is that some investors arent treating treasuries as the safe haven they used to and money is drifting to japan's long end and gold(I could be completely wrong)

Anyone else seeing this?

Hey All.

My now wife has about 120k from a previous job with a financial adviser, naturally costing about 1%/mo. My wife isn't into the details of investing but she is a CPA and onboard with this discussion, but I wanted to run it by you all.

Any reason we shouldn't just pull it out of their firm and put into a Fidelity Trad IRA and put it in VTI or VTSAX (recent simple path wealth reader) vs leaving it with them and paying the 1% every month?

We'll work on converting into her Roth over time.

Thanks!

Edit: 1%\yr. My mistake!

The NYT reported this morning that the merger would create a $3T company.

Elon's MO is to continually bury his poor performing companies in newer sexier corporations. xAI lost $7.8B in cash in the last year alone; Twitter has been a bust for years. They both got tucked into SpaceX. Now Tesla--which hasn't delivered this few cars since the pandemic, even if the market doesn't seem to care yet-- is going to get to obscure its poor performance by becoming part of this year's shiny pretty flavor of the week (year).

https://www.nytimes.com/2026/10/21/business/elon-musk-spacex-tesla-merger.html?unlocked_article_code=1.KVE.p_xv.StkyUfn-ltcB&smid=url-share

It is amazing to me how all of ETF's that follow indexes or have a wide range of stock are near 52w moving averages, yet so much stuff has crashed 20 to 70% already when you look at individual tickers, and other bigger companies also took big losses.

We've seen yields go to 5%

We've seen Trump do Trump things. "Vote for me if you want more war after midterms" like wtf.

We've seen AI capex fears hit ATH's with Oracle CDS going up, gloom and doom news about robots taking over

And yet the indexes which are supposedly "held by a few stocks" that basically depend on this AI spending continue to go up.

So I don't know what it takes for markets to finally give us a capitulation so we can buy indexes at, at least, a -10% discount, but refuse to get anywhere near the 200WMA for a long time now.

I am bagholding so much cash, like im 90% cash and have around 400k€ waiting in money market funds. Im also bagholding some IREN which is my only equity now, like 500 shares, at a 50% loss now. Im not selling, but im also not buying because these things can dump so much (and recover quick if narrative shifts).

So my idea is to start a position on my ETF watchlist (mostly FGEQ, ISPA, VDIV) when SP500 crashes and takes down all these ETFs with it, and also add to my % of gambling allocation with high beta stocks like IREN which can run blazing fast once we hit the event horizon and everyone has capitulated. But it just feels like im stuck in this loop where indexes will forever go up while magically most individual tickers are dumping already. So I don't get it like wtf. We had 70% crashes on so many tickers, if the indexes crashes like say 10 to 20%, how low are these going to get?

TL;DR: Just give me a proper crash so I can allocate.

Not sure if this is the right board so I may post to another one also

Long story short, what happens if you are listed in a will after someone passes away as an heir but with the finance company didn't list any beneficiaries for the IRA and investment stuff?

I'm guessing tax implications but I'm lost. I have a lawyer helping me but even they haven't seen no beneficiaries before. They said it's super super rare.

Can I not take it out (the IRA) over 10 years like most seem to do.

I'm not looking for financial advice just what the rules may be

We see a LOT of talk about investment for retiring, but one thing we don't see on here is investment for estate and inheritance planning, which is something I am trying to help my elderly mother with. I am not looking for specific personal advice, just for general concepts, I have tried asking in other sub reddits, only to be swarmed with replies about how people should not leave money to their children, etc.

Here is the situation, my 87 year old mother has ample government pension income to support her lifestyle, plus IRA, cash in money market account, and she owns a sizable amount of land that she inherited 20+ years ago, which will again step up when she passes away. She may soon be getting another $55,000 - $90,000 per year of dividend like income that can't be DRIP reinvested that needs to go somewhere. She wants to reinvest it to let it grow for potential children (well child now) and grand children's inheritance She is in good health, but is 87.

The concern here is maximizing income to the family, allowing for basis step up, etc. in a hold until death ETF so as to avoid capital gains tax, etc. The other concern is the chance of dying during a market correction, which would result in a basis step down. This is the part that does not get talked about online, the best investment strategy that takes into account the actuarial side of things, the fact that she is in good health now, and that most older people go through some sort of decline before dying, etc. All of this differs from the common topic of market correction happening at time of retirement, since retirement date can be planned for, and death date has to be estimated using available data, which realistically is a 6 year average time horizon, and 90% chance in under 12 years.

With so much of the AI conversation still focused on chatbots, software, data centers, etc…curious how this sub feels about the growth potential around robotics (factory robots, autonomous vehicles, etc).

When you think about the growth of robotics, who actually captures the economic value?

• The companies building complete robots?
• The semiconductor and computing companies providing the processing power?
• The sensor and component manufacturers?
• Or the companies developing the AI models and software behind them?

Looking forward to hearing different perspectives!

Source: Referenced in the iShares Thematic Mid-Year Update. Data sourced by Barclays, “Impact Series 14: AI Gets Physical,” January 2026 and Bank of America, “AI left the chat! Physical AI Primer.” February 2026.

Considering SK hynix's dramatic decline on the ADR Wall Street and many other articles have been speaking about how it is possible in the near future that the stock reads up to $250 per stock

I'm down a couple $1000 on the stock but although I'm down I'm still buying just because of the fact it's SK hynix I know it's going through a really rough time right now but SK hynix has been around since the dawn of ages.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.

If you are new to investing - please refer to Wiki - Getting Started

The reading list in the wiki has a list of books ranging from light reading to advanced topics depending on your knowledge level. Link here - Reading List

The media list in the wiki has a list of reputable podcasts and videos - Podcasts and Videos

If your question is "I have $XXXXXXX, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer.

Check the resources in the sidebar.

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

Man what a terrible decision I made to sell all my positions in FZROX and rotate into SPMO. Instead of being up 14%+ on the shares I owned of FZROX, I'm down over $5K and 8% because of rotating into SPMO. Lesson learned, and now I will be getting out and getting back into a far more stable fund like FZROX that will not give me a heart attack with its wild swings.

I thought it was going to be a sure thing given SPMOs past, but I don't like this level of volatility and wild swings in NAV. I don't care it says it's up 20% over the long haul, it sucks right now and I'm not sure the rebalance in September went the right way. I guess the 12 month look back said one thing but the market immediately said otherwise.

I guess I could bank on its past performance and pray for a recovery and it to get back to solid outperformance of the S&P, but that seems pretty risky right now.

Hey everyone

I’m not too sure the title describes this very well.

I currently have about $17000 in a brokerage and if I sold everything right now, I wouldn’t have much capital gains tax, if any. I also have around $10000 in losses from last year and can take the maximum allowed claim for losses on my taxes for the next few years unless gains wipe that out.

I make about $5000 every two weeks before taxes.

Would it be a good strategy to do the following:

Up my contribution to 100% of my pay check or whatever the max is

Sell my stocks in my brokerage effectively using that for bills and living expenses in lieu of my pay check

This would do two things:

Shift my stocks/investments to tax free growth

Reduce my taxable income

Am I wrong here? Any other pros/cons? Is this possible/legal? Any rules I should be aware of such as wash sales?

All I wanted was Claude to give me the 200-day SMA of the NDX and it simply could not give me the correct price. It couldn't even give me the correct closing price for today!

Me: Whats the Ndx 200-day sma. Number only

Claude: 27,399.68 (as of the Sept 29 close, the most recent figure I found; it's probably a bit higher now)

Me: I want the sma as of market close TODAY

Claude: I can't give you today's close figure. The sources I can reach are updated with a lag, and the latest 200-day SMA I could verify is 27,399.68, as of the Sept 29 close. Today's close also isn't in yet, or at least isn't published anywhere I can see.

For a live number, add the 200-day SMA on a chart in TradingView, StockCharts, or your brokerage app after the close.

Me: You're telling me you can't find what today's closing price was? It's widely available

Claude: I can find today's close. It's about 29,040.84 (down 2.62%) on Nasdaq's own index page. The part I couldn't find is the 200-day SMA as of today's close. Nobody I could reach has published that figure yet, and I can't calculate it exactly without the last 200 daily closes.

The last verified 200-day SMA was 27,399.68 on Sept 29. Since then, each new day (closes near 30,000) has replaced a much lower day from late 2025, so the average has been rising by roughly 20-25 points a day. That puts today's value at about 27,750. This is only an estimate, so check a charting platform for the exact number.

Me: Get the closing price of the last 200 trading days, add them together, and divide by 200. Give me the answer

Claude: I tried that, but I can't get the full data set. The only complete daily history I could reach is FRED's table, which starts in 1986 and cuts off in 2005 before it gets anywhere near 2026. Every other source I found shows only the last 30 days or so, and nothing here lets me download a file. Without all 200 closes, I'd have to guess at the missing ones, and the result wouldn't be a real average.

My best estimate is still about 27,750. It's built from the verified 27,399.68 on Sept 29 and rolled forward using the recent closes I do have. Treat it as accurate to within a few hundred points, not exact.

If you paste in a 200-day export from your brokerage or a spreadsheet (Google Sheets' =GOOGLEFINANCE("INDEXNASDAQ:NDX","close",...) works well), I'll calculate it exactly.

Considering the substantial increase in long term interest rates over the past four months, does this threaten utility stock values going forward?

I see two negative issues:

1 - Utilities are big long term borrowers, and recycle debt, they pay little off. While interest costs factor into their approved rate structure, what is to stop state authorities from abrogating terms in the face of consumer backlash? We are seeing the effect of higher fuel costs hitting electric bills already.

2 - Utility stocks are used as income streams for retirees in particular. With long term fixed income yields bounding up, those instruments will be in direct competition with dividend stocks.

I want to get opinions on Trump Accounts. My child is 5 turning 6. She is not eligible for the $1000. But, you go to the website and they claim it will grow and there are advantages, etc.

Right now, I take money I put in a CD when my child was born, and I constantly renew it with more added money, so that way she can receive it one day. I know I could be investing in stocks, but I don't feel like this money is really my money, so I'm hesitant to gamble with it and I just keep reinvesting through CDs

Given what I said, would it be wiser to take that money and put it in a Trump Account? Would the return be better? Or, maybe it would be riskier? Thoughts and opinions are appreciated. I am doing this so my daughter can be better off than I currently am.

Curious how people here actually research with AI. Two things happened to me recently:

1. An idea I rejected that became valid. I asked an AI whether a small airline stock was worth buying. The conclusion: "This only works if fuel prices drop. Fuel is expensive right now, so pass." Three weeks later, oil fell sharply, which was exactly the condition that would have made the trade work. Nothing reminded me. The chat was buried, and I only remembered after the stock had already moved.

2. An idea I bought that stopped being valid. I bought a solar company after researching it with AI. The main reason was: "Government subsidies for solar are continuing, so demand stays strong." A month later, news came out that those subsidies were being cut. The reason I bought was gone, but I didn't connect the news to my position until the stock had already dropped.

In both cases the research was fine. The problem was that nobody was watching whether the conditions behind it still held.

So I'm wondering how others handle this:

1. Do you use AI tools (ChatGPT, Claude, Gemini, Perplexity, etc.) for stock research? What do you use them for?
2. Do you write down why you bought or passed on a stock, and what would change your mind?
3. Has news ever flipped one of your ideas, making a rejected idea good or breaking the reason you bought? Did you catch it in time?
4. How do you keep track today: notes, spreadsheets, price alerts, news alerts, or just memory?

Semiconductors, Cloud operators (NBIS IREN), Hyperscalers (Meta, Microsoft, Google, Oracle) and other related companies (SPCX, Bloom Energy) are all way down.

So did the AI bubble just pop, or is this due to just the whole mess of the world right now? Or both?

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.

If you are new to investing - please refer to Wiki - Getting Started

The reading list in the wiki has a list of books ranging from light reading to advanced topics depending on your knowledge level. Link here - Reading List

The media list in the wiki has a list of reputable podcasts and videos - Podcasts and Videos

If your question is "I have $XXXXXXX, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer.

Check the resources in the sidebar.

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!