Japan's 10-year government bond yield reached 3% today. I know that Treasury still offers higher yields, however, I think Japanese investors are probably also considering the exchange rate and not just comparing two numbers.

I don't know if 3% is still not attractive enough, or if there are other reasons why US Treasury bonds are still worth holding at this level?

What a machine. Clearly taking share and generating just huge cash flows. Conf call just beginning but the numbers speak loudly. Gross margin dollars up 78%. While Opex up only 22%. EBIT +160%
Guides billions ahead of street estimates. Running a base case DCF with a 10% hurdle rate shows material equity value creation ahead.

I have some old individual stock picks that are significant losers, plus a TSLA position with gains that roughly match those losses. All new money goes into VTI.

Planning to buy a house in 2028 and will need to sell investments then.

Is it better to sell the losers and TSLA now (net roughly zero tax impact) and roll everything into VTI, or hold the losers for tax-loss harvesting when I sell VTI in 2028?

Any thoughts on the tax efficiency / opportunity cost trade-off?

On Aug. 31, the first index mutual fund will celebrate its 50th birthday. On that day in 1976, an upstart fund company by the name of Vanguard run by the late John C. Bogle launched the first publicly available S&P 500 index mutual fund. A half-century later, all share classes of the fund, including the investor share class of Vanguard 500 Index VFINX, have $1.67 trillion in assets. According to the Investment Company Institute, index mutual funds and exchange-traded funds comprise 50% more assets than actively managed US stock funds.

https://www.morningstar.com/funds/index-fund-turns-50-how-jack-bogle-changed-investing-forever

IonQ (IONQ)

IonQ is a pure play on trapped ion quantum hardware and cloud access, selling time on its quantum computers through its own platform as well as AWS Braket, Microsoft Azure Quantum, and Google Cloud. 

Rigetti Computing (RGTI)

Rigetti Computing builds superconducting quantum computers and sells access to its Novera chips, Cepheus multi chip systems, and 84 qubit Ankaa 3 machines through quantum computing as a service on its own cloud platform. 

I've been following the news recently and one thing I've noticed is the sudden surge in trading of GPRO.

Obviously this is down to Markiplier announcing his significant stake in the company. But, why did he announce it? Is there really any reason for him to announce that?

Or...

Is it simply because he knows his "influence" on his community will cause a significant movement of the share price.

How much is he still holding today?

There's quite clearly a reason behind his announcement. The tin hat people would likely believe it's to cause a surge in volume in order to create exit liquidity.

Seeing a stock trading almost 20x average daily volume on a company that has only around 180m shares certainly raises some questions

Anyone care to weigh in?

Bakdoor Roth IRA Strategy

I may have gotten myself into a bit of a tricky situation, without illegal consequences, however. I will state my questions, and then offer some context, followed by the current state of my accounts. Thank you in advance for any help!

• How can I deposit money that I have on hand, into a Roth IRA, using the "backdoor conversion" while avoiding the "pro-rata"rule?
• What is the best path forward to correct the fact that I contributed into my 2026 Roth IRA account, even though my MAGI will be above the income limit?

A few years ago I opened a Northwestern Mutual account with a financial advisor. Long story short, I was sold some insurance products that were also investements, which turned out to be a bit of a scam in my opinion. This turned me off of NW, so as of mid 2025 I decided to leave NWM. I opened a VG account and am slowly in the process of transferring everything here. I am currently on my third professional job

With NWM I have:

1. IRA (with money that rolled over from an ESOP from job #1, I paid taxes on it when it was rolled into the IRA)
2. Roth IRA. I deposited money into this account, as suggested by the financial advisor against my intuition, for the first three months of the 2026 year, even though I knew I would be making ~190k in 2026)

With VG I have:

1. Roth IRA (I deposited the balance of my limit in this account for the 2025 year, since I was not maxing my contributions in the NWM account)
2. IRA (with a 401k rollover from job #2)

Current job (job #3)

1. 401k
2. HSA

I reconstructed my retirement portfolio and then ran Monte-Carlo simulations that randomly introduced 2-3 known past bear markets randomly into a 6% growth path for a 60:40 allocation over 15-20 years and compared that to the 6% continuous growth control. Then I overlaid that with additional one time capital expenditures for various Home improvements and then measured the distribution of outcomes. Essentially that helped proof the thesis that estimated expenses and income from growth and other income would very likely be sufficient to cover 20+ years.

Should I trust an AI modeling these sequence of event risks? I am a self-directed Investor but I also could run it by a Fidelity advisor which my wife I am sure would rather do anyways. I prefer doing things myself.

"FTC to File Lawsuit Alleging Amazon Deceived Advertisers"

-WSJ

https://www.wsj.com/tech/ftc-to-file-lawsuit-alleging-amazon-deceived-advertisers-d71039ee

As companies realize walled gardens have inherent conflict of interests and are not impartial like the trade desk, they will continue to shift away from them and demand more transparency.

Regulatory scrutiny on Amazon and Google highlights the inherent conflict of interest in "walled garden" platforms that act as both the marketplace and the ad seller.

This is a direct tailwind for independent, buy-side-only platforms like The Trade Desk (TTD). TTD’s core value proposition is that it does not own media inventory or compete with its clients, offering a transparent alternative to vertically integrated tech giants.

As such, as advertisers grow wary of hidden fees or biased auction mechanics, capital and ad spend are likely to shift toward independent DSPs.

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!

25 M- Have a 401k and just opened a ROTH IRA.

401k- i’m in FFSDX & FNSFX

What % should i be putting each check? I want to still have cash flow available

What are the best investments within each?

Are there other investments i should be looking into?

Any advice would be awesome.

Thanks!

I've been looking at Kaspi on the back of a video interview done by Monish Parbai and wanted to get peoples thoughts.

It's like a wechat, but for Kazakhstan and also the equivalent of Amazon.

There are 3 segments:

- Payments - they take a cut of all transactions using their network, both personal and business.

- marketplace - kind of like amazon

- fintech - consumer finance and loans

They have also recently brought a large share in a Turkish conpany which is kind of like the amazon of Turkey. The company is looking to also to expand payments in Turkey.

Also when I say amazon of Kazakhstan or Turkey - it's probably an exaggeration at this point but the easiest way to explain there business.

There is, of course, the credit and regulatory risk and also the risk that what worked in Kazakhstan might not work in Turkey.

I'm looking at it from a long term 3-5 years as opposed to short term.

EDIT: I didn’t expect this post to blow up like it did. Thank you for the replies. I should have clarified that I don’t “expect” to beat the S&P or expect an advisor to do so. I was mainly asking why would I ever have someone manage my investments when I know they will all lose to the S&P over 30 years. Also, please get off my d that I use precious metals for a savings account. I never made that a point of my post nor do I think anybody should try to beat the market by doing that or anything else. I simple saw inflation was out of control and moved about 17 of my measly 25k into metals. I did not even remotely consider it a risk tbh, nor do I regret doing so. My tax advantaged accounts are still basically boglehead’ed

So around 3 years ago, I suddenly gained this mental motivation and frustration about finance. I realized I was about to be 30 and knew nothing about money really. I didn’t know what stocks where, I was about 20k in debt (which isn’t bad relatively I understand) and had no idea what I was doing really. Well, fast forward to now and I am debt free with a paid off 2020 vehicle, have about 22k in cash to my name split between emergency savings and a taxable brokerage (gold, silver, copper mainly). I deposit more money into my personal retirement account (457b) than my future pension. Overall I feel quite confident with my current financial situation as I continue to save cash to comfortably get into a house within 5 years.

Anywho, as I learned about money and inflation and retirement/stocks and whatnot. I got to looking around at financial advisors who manage investments. Like… none of these dudes are beating the S&P that I can find. I feel like these investment managers are basically robbing people with their cut when all they are doing is taking money from people that are ignorant to the fact they could open a Fidelity account and throw whatever they plan on giving into VOO and then ta-da, you’re matching or beating the finance dudes returns?

Am I missing something here? Like I guess I don’t know what I don’t know, but it seems like a scam.

I could say the same thing about tax agents when a single person with no business and just a W2 goes to a tax guy with a list of deductions that add up to like 5k, so the tax guy just says he will work with it and files him under standard and takes a cut. But that rant is for another day.

A year, maybe two, ago there was a dude who posted about propagating blueberries as an investment. He had amazing input costs, compared to my region, and was calculating 5 figure returns in 5 years.

I am curious how that is going? If blueberry Dude still reads here I would love an update on the investments. How did the cold rianlt spring, heat record drought summer, etc. all treat you?

I've traditionally been a VOO investor, but thinking of moving a large portions of my investments into SCHD. Reasoning is in a potential market downturn, i'd rather be in cash flow postive companies, then even voo where its dominated by ai dependent faang companies.

So in a theoritical drop of sp500 of 50%, a schd may only drop 35-40% in theory. I still want to be in equities, but essentially moving to value driven equities. what do you think of this thought process?

I see constant posts in international and US-focused personal finance communities featuring 18-to-20-year-olds casually talking about investing $400–$500/month, or 30+ target-planning short term $300k to 40s $1.5M net worth figures.

Looking at this from Southern Europe (and several other EU regions), the reality is different: reaching even 7–10% of those absolute targets at a similar age is considered a huge achievement. Following standard frameworks like the 50/30/20 rule, a solid, non-poor middle-class earner here might max out their yearly investment capacity at €4,000–€6,000, assuming no major emergency comes up.

I want to raise a few points and get perspective on what often gets lost in these discussions:

1. Absolute Assets vs. Purchasing Power Parity (PPP)
While daily living costs in North America are higher, global investment assets (S&P 500 ETFs, global stocks) are priced in absolute global terms. An S&P 500 share costs the exact same absolute amount whether bought from San Francisco or Southern Europe. A 20% savings rate on a $120k US salary ($24k saved/year) creates exponentially more absolute compounding power than a 35% savings rate on a €25k local salary (€8.7k saved/year).

2. Wage Ceilings and Systemic Trade-offs
Senior professional positions in Southern Europe often cap out at gross figures that entry-level tech or corporate workers beat in North America. While higher European taxation and social security contributions fund baseline safety nets (healthcare, education), they heavily compress personal disposable cash flow. In the US, higher gross salaries combined with lower base taxes leave a massive liquid surplus for personal investing, even after paying out-of-pocket for services.

3. The Foreign Purchasing Power Asymmetry
I frequently meet people from higher-income economies who consider themselves middle or low class back home, yet own 3–4 rental properties or take multiple international vacations a year because their local savings carry 10x purchasing power abroad. Meanwhile, local professionals who do everything right financially find their absolute capital growth severely bottlenecked by their domestic market.

4. Opportunities & Systemic Access
Employer matching (like US 401ks), stock options, and early access to cheap debt accelerate wealth building at speeds wage labor alone cannot match. In regions where compensation is almost exclusively cash-based and static, compounding takes decades longer to gain traction.

Questions I raise in my mind often when reading your posts:

1. those investing across different regions: How do you adjust your long-term independence goals when local income ceilings clash with global asset prices?
2. As daily costs converge globally, do you feel the European "safety net" model still balances out the lack of raw capital accumulation capability?

3. How do you adapt personal finance strategies when standard rules (like 50/30/20)

4. cannot generate the absolute numbers needed for meaningful financial freedom?

Seems like there’s some great generic advice. Pay off debt, especially high rate debt. Make more than you spend. Invest the difference. DIVERSIFY!

I think this is terrific advice for most people.

I’m not the type.

I love to study stocks and balance sheets and news. I only own 11 stocks, Reddit being the biggest position so thank you for using Reddit!

While I own a little spy and QQQ, I actively and opportunistically sell naked puts and calls, have been for 20 years. I’m ok with volatility, in fact I’d like more.

In my view, with a little effort you can outperform SPY or VOO. And it’s perfectly OK for 99% of people if you don’t want to put in that extra effort. Getting a market return is amazing. I recommend VOO to my mom.

But it’s not that hard to outperform. I don’t do this, but off the top of my head you could put 100% of your account in VOO. Then sell 1 naked call on SPCX strike 450. That’s a market return plus $100.

If you find a few of these ridiculous things per year, it starts to feel like extra dividends that you can just buy more VOO. This is just an idea off the top of my head for this post, but I look for a lot of opportunities like that.

So many people watch YouTube or look for training courses and stuff like that and I feel like they’re wasting their money and time, and getting bad advice.

Feel free to join the subreddit r/ThetaGang if you’re interested in selling options and letting theta work for you. It’s not my group, but I’ve been a part of it for a few years and the guys are great.

Suggestions of where I can quickly absorb info from.

To sum it up, I'm looking for where I can look to learn to make money last my lifetime. I've recently been trying to research financial literacy topics and have some ideas of what to do, but I'm scared if they're not the best, I'm screwed. So I'm looking suggestions for more, and that I can learn semi-quickly, so please not incredibly long books or many of them.

The shit ton of details are:

I just received my work comp settlement after 12 years. They were sending me checks bi-monthly though so I had some income in the meantime. It was just enough to pay bills so I was living paycheck to paycheck and I know I completely messed up by not learning financial stuff the entire time.

In my defense though, I've had sooo many other things in the meantime, and also aquired a severe TBI in the accident and my executive functioning (planning, executing tasks in order, etc) really sucks now.

But this one sum is going to have to last me for the rest of my life. And I'm trying to look at the best ways to make that happen. I'm permanently disabled and receive a small amount from SSDI rn because it was offset by what I was getting from work comp. I'm not sure what that's going to be now as it just was finalized and I uploaded the documents to ssa but idk when it'll be refigured what I'll be receiving monthly now.

I have read the flow charts and did pay off my credit cards immediately. I'm not able to drive now and live in an apartment, so no car or mortgage to pay.

My credit union has 3- 5%, depending on which requirements you meet that month, in interest on up to $10,000 in checking, so I'm keeping that much in there and paying bills from that.

I just opened an ABLE account, and can put, I believe it's 10,000 there and invest it with no tax liability on it, so I'm going to do that next.

I was thinking of doing a CD ladder with part of it and as those mature, topping off the checking to meet 10,000 and getting another CD with the remainder.

What I'm really stuck on is how to grow the remainder. It has to be stable because if I lose it I'm done. But also has to be more than CD or mutual fund interest so I can grow it and make this money last the rest of my life, (I'm 50). I also would like to reduce taxes draining any growth.

I've looked up fee only fiduciaries for advice, but the lowest fee was $5000 for a quick session, so I'm going to attempt to figure this out myself if that's possible.

So PLEASE pass on any and all advice on places I can try to learn a ton of financial stuff quick.

31F, not married, no kids. Will probably be married in a few years, will not have any kids. Renting and don’t plan to buy a home because VHCOL area. Currently have $358k in the market (almost all VOO/other similar ETFs, but about $15k in crypto) and $50k in HYSA (along with other savings buckets up to about $75k cash total). $130k of the $358k is in my brokerage, and $228k is in Roth-type accounts. I would like to retire by 50, ideally 45 and just work part time if/when needed. So I am thinking I will need bridge money from around age 45 to age 59.5. I would like to fat FIRE(about $120k/yr spend to be safe), as I like to travel. I’m looking for advice as to whether I should stop investing in after-tax ROTH (MBDR) with my employer and dump that into my brokerage. Part of me says I’m more than fine with my after 59.5 money because it has nearly 30 years to compound. But it’s the 45-59.5 money that I think needs some work.

No employer match btw. Plan for next year is to max out 401k and backdoor ROTH in January/February with my EOY bonus, and then just focus on brokerage investing rather than MBDR, but open to hearing other thoughts. High income earner so I think there’s benefit to still maxing 401k to lower taxable income. Or, since I seem to be CoastFire with strictly retirement accounts, should I not max 401k and just put all into brokerage?

THANKS FOR READING

Does anyone else feel like startups have gotten painfully predictable?

I actually like investing in things that feel a little risky. Not reckless, but ideas where the founder is genuinely trying to change how an industry works instead of building another slightly different version of something that already exists.

What’s been frustrating lately is how many companies seem built around whatever investors are currently excited about. Right now that often means AI shoved into products that really don’t need it.

I’d much rather put serious money behind a founder with a strong, slightly unconventional idea who actually understands the problem they’re solving. Even if it takes longer to make money. Even if the market thinks it’s risky.

For me, part of the fun of investing is getting to help something exist that probably wouldn’t otherwise.

I just want to see more founders with the nerve to say, “everyone in this industry does it this way, and I think they’re all wrong.”

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!

Hi all, I am trying to gather some information for a private project of mine.

What do you expect from finance outlets?

Is it:
A nice writing-style
Financial literacy education
Speed of news
Political bias
Clear explanation of the news and the impacts

Or asked differently, what are you currently reading and what would you like it to have?

Does it make sense to take year-over-year quarterly revenue growth and divide it by enterprise value over forward revenue?

Background: I'm evaluating software stock that got crushed during the SaaSpocalypse. Jason Lemkin showed them on a graph with EV/forward revenue on the y-axis and latest quarter revenue growth year-over-year.

I'm wondering why one would bother with both ratios. Why not just combine them into a single metric and rank the stocks accordingly. If it's not appropriate, would some adjustments make it sensible?

Similarly, I see Joel Greenblatt uses two separate metrics for evaluating quality vs price, but surely there must be a way to combine them into a single ranking.