I have three retirement accounts with Schwab, Fidelity and T. Rowe Price and hold each of their S&P 500 index funds. The ER for Schwab is 0.02%, Fidelity is 0.015%, and the stodgy old dinosaur T. Rowe Price is a whopping 0.2%. Look at the difference in % gained over a 5-year period between the three funds. Does the 0.2% expense ratio with T. Rowe really eat away 3% over 5 years or this due to some other indexing or trading reason? I'm always amazed at you folks' knowledge about this stuff. Thanks in advance. Well, Reddit won't let me add a photo but the % gain over the last 5 years is 70.87% for Schwab, 70.38% for Fidelity and only 67.17% for T. Rowe.

Hi all,

After self-managing my investments for the past 38 years, I'm looking for an advisor to help me transition to retirement. I have it down to two guys, and I'm just not sure how to decide. What should I be looking for in an advisor? What questions should I be asking?

Someone confirm something for me, I can’t trust AI on this one.

Anyways, if I work for one to two months and put my entire paycheck into my 401k equaling 7500 dollars, does that mean I can still contribute 7500 dollars to my Roth IRA?

I’m getting confused because I thought earned income was what I take home, and since I put my entire check into the 401k, I took home zero dollars.

Now that China is no longer allowing paper trading on Gold starting tomorrow, and China has been taking physical deliver of gold at pretty high rates the last year, how do you think this will affect gold prices in the short to mid term?

My confidence is very high gold goes way up ( $8K + ) in the next 2-4 years provided we don’t have a total risk off market.

DOMO was just bought out by Progress Software. DOMO’s debt will be paid off and they’ll be left with $4.84 per share of cash and $900M of NOLs. DOMO can then acquire a profitable business and monetize those NOLs into another $230M/$4.75 per share of value, plus the profitable businesses acquired. This leads to a new enterprise value of ~$9.54. Trading at $3.93, big short term upside potential. I have a large position in DOMO.

I used to be really into trading during the pandemic but lost interest around 2022.

I’m a bit older now and make a lot more money. I’d love to get back into the markets for long-term investing and trading.

Problem is, I feel like so much has changed with AI that I don’t really know how the market’s behaving as a result.

What are some good (free) resources you guys use to keep your finger on the pulse of what’s moving?

Trying to form a general opinion and evaluate pros & cons of using SPV using SPCX as an example

Did anyone invest in SPACEX pre-ipo
If yes, pls mention price bought, time of purchase, Spacex valuation at purchase, Shares allocated on IPO, any lockin after IPO

The U.S. Department of Energy (DOE) startup authorization allows Oklo to load nuclear fuel, conduct startup testing, and proceed toward first criticality.

In just over 10 months, Oklo progressed from groundbreaking to receiving DOE startup authorization for its first reactor at the Groves site.

During that period, Oklo built the reactor facility, established the operating organization, qualified personnel, implemented nuclear programs and procedures, procured fuel and major equipment from commercial suppliers, and completed the DOE authorization process.

The Groves low-power test reactor will demonstrate reactor operations that support Oklo’s plans for commercial-scale domestic isotope production.

Groves is a commercial-scale facility, meaning Oklo can repeat the experience with demonstrated experience in siting, building, commissioning, and operating its commercial reactors in the future with confidence in how long it takes and how much it costs to build its isotope production reactors.

LOCKHART, Texas--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, today announced it received startup authorization for its Groves Isotope Test Reactor. This authorization, granted under the U.S. Department of Energy (DOE) Reactor Pilot Program, completes DOE’s authorization process and clears the way for fuel loading, startup testing, and reactor operations. Groves is a low-power test reactor designed to demonstrate reactor design, build, and operations, and to establish operating experience needed to support future isotope production facilities. The project advances Oklo’s plans to establish domestic production of critical isotopes for potential use in cancer care, manufacturing, scientific research, space exploration, and national security.

Groves, a privately financed facility, demonstrates nearly every element of a commercially oriented deployment model that Oklo can repeat and scale across future projects. The facility was built on private land, including full-scale civil excavation and construction, and assembled with all full-scale systems, components, and fuel either sourced commercially or manufactured by Oklo.

"This facility marks the fastest time that we are aware of to go from greenfield to substantial completion for a full-scale, privately funded and sited reactor in history,” said Oklo co-founder and CEO Jacob DeWitte. “By building on a greenfield site on private land, performing full-scale civil excavation and construction, and procuring fuel and all major components commercially, we demonstrated that the advanced nuclear industry can move at a pace that many did not believe possible. And this experience is fully translatable to future commercial deployments.”

“The U.S. Department of Energy is excited to see another Reactor Pilot Program participant receive authorization,” said Principal Deputy Assistant Secretary for Nuclear Energy Mike Goff. “With the right enabling environment, Oklo has been able to accelerate their progress and is now ready to take the next step with their technology.”

The startup authorization follows a rigorous readiness review, through which DOE confirmed that Oklo has achieved the engineering, organizational, and operational readiness needed to safely receive fuel and begin reactor operations. A readiness review is a critical final step in DOE’s startup authorization process: a multidisciplinary DOE team evaluates whether facility procedures and personnel training are adequate; the facility and equipment conform to the approved design, safety equipment functions properly; and required safety management programs have been implemented. Oklo fully developed these safety management programs in-house rather than relying on an established or pre-existing operating framework within an established facility such as a national laboratory.

"Executing on Groves has meant much more than just a construction project; it has been a valuable part of building and exercising key operational muscle across the Oklo enterprise,” said Oklo co-founder and COO Caroline DeWitte. “Startup of a private facility means honing and implementing operating procedures, training programs, security programs, environment, health and safety programs, quality assurance programs and procedures, and much more. Oklo's centers of excellence on all of these operational aspects now have this experience to bring to all our projects currently in progress and to build on for the future.”

Future Oklo projects will build on the established systems, qualified suppliers, and approved operating programs established through Groves. By establishing a repeatable approach to engineering, construction, commissioning, operations, and regulatory authorization, Groves helps reduce execution risk and accelerate future deployments across all of Oklo’s business units.

The Reactor Pilot Program created a rigorous pathway that enabled construction and organizational readiness activities to proceed while DOE conducted its reviews. Groves demonstrates how that approach can support advanced reactor deployment while maintaining a rigorous focus on safety.

https://oklo.com/newsroom/news-details/2026/Oklo-Receives-U-S--Department-of-Energy-Startup-Authorization-for-Groves-Reactor-Clearing-Way-for-Fuel-Loading-and-First-Criticality/default.aspx

I am guessing much harder if only one stock in the ETF gaps and the rest don't. I'm also curious if it's harder for an equal weighted or an market weighted ETF to gap vs the other.

I am not sure if anyone has some historical gap info on ETFs, but curious about any info you may have.

VC analyst here, and Figure AI keep’s landing on my desk. Figure’s Series C put it at ~$39B (NVIDIA, Microsoft, Bezos backing) but that already tops Goldman’s estimate for the entire 2035 humanoid market, on basically zero revenue. BMW also went with a rival for its latest pilot, and there’s an open safety whistleblower suit.

Bull: massive TAM, deepest backer list, owns the full stack.

Bear: pricing 2040 into a pre-revenue company; Tesla/China could win on cost.

Is $39B defensible on any real numbers, or pure optionality? (It’s private, so mostly a thought exercise.)

I feel like the market is in for a big drop and bonds don’t sound much better. I sent my concerns to my financial advisor and this was their reply. I’m interested in opinions.

“Upon review of your portfolio, I do have a few changes to recommend off of the below. Your total portfolio sits at approximately 50% equity/ 50% bonds and cash, which is a conservatively balanced allocation. A majority of your equity exposure is achieved through the SMAs, and you are well diversified amongst the various capitalizations, styles and the equity sector as a whole. I do recommend against making major changes, as this can be inefficient in a portfolio and can cause you to underperform versus staying invested. However, we could certainly shave off some of the gains experienced in the equity market this year and reallocate to fixed income.

My recommendations are below -
- Liquidate $30,000 from your Goldman Sachs Tax Advantage SMA to reduce small-cap equity exposure.
- Liquidate $25,000 from your PSUMA (Gibbs, Cookson Peirce, and GQG) to take advantage of some of the equity market gains.
- With the proceeds, purchase the Guggenheim Total Return bond fund (GIBIX, fact sheet attached) in your Ambassador account to pick up additional intermediate duration fixed income exposure and income potential.

These changes would be a slight rebalance and reduce your equity exposure by approximately 3%.”

Ive been a tesla stock owner for about 10 years now.
Just bought small amounts at a time up to about 2022.

Never could justify the stock prices after 2022 regardless of whether it went up or down.

No one can predict the future, but what is your take on tesla stock?

With the stock dropping like freefall today,
Do you see this a dip? Or do you see it as a start of a downward trend?

The setup in one paragraph

A debt free company with over 60% of its market cap in cash, growing, inflecting to profitability, buying back stock while it’s depressed, run by respiratory operators with M&A in their history, holding a free option on a $500M market, in an industry where every peer already got acquired. Priced at 0.18x sales against comps at 1.5x to 5.8x. Early and wrong look identical on the tape. August 6 is the first checkpoint where the market gets a number it has to price.
Not advice. Do your own work.

Can someone explain to me these billions and trillions being invested in Data Centres and cloud centres and AI by Google, Oracle, etc where are funds going. I mean if a company is going negative, another must be going positive?

I mean the money is not vanishing in air. I understand these are long term investments but then the money must be going somewhere and someone or some companies just be benefiting in the short term?

This subreddit seems to be more about traditional equity and funds investments but rarely do you see people talk about speculative asset investments. For example, sports cards and tcg (ie Pokemon cards) have shown to out perform the stock market. Isn’t diversification what we all need? I have a card collection that currently makes up more than my net worth and been contemplating on converting it into $$ and speeding up my the compounding of my passive income portfolio but I don’t want to pay the capital gains tax (ie collectible tax).

UPDATE: I guess TCG, Crypto, Art, Rare Metals can be speculative...but what about sports cards, I think sports cards can be treated like a stock market. The player that you "invest" is like the company and its value is determine by their performance.

Last year I was watching a streamer and he regretted deeply that he didnt start investing when he was 20 he said he would do anything to go back to being 20

A year later I remembered that guy

but since I am a student I cant really work my country doesnt provide part time student jobs

Ill finish my masters degree at 23

My dad does give me an allowance about 65 dollars a month( I invest all of it )

I have 2 options : keep searching for part time job even if i have to lie to my employer and just work full time and skip university

Or I could just learn the skill I need for civil engeneering in order to get a job as soon as I get my masters.

Feel free to ask for details

for example how much regular 0 skill job pay ( about 400 dollars a month )

or how much an experienced civil engeneering job pay ( about 1500 dollars a month more or less depending on your skills )

Ty for the help guys

Using Alphabet as an example their stock is down 7% after a stellar earnings report. They have to invest heavily in AI to continue strong growth in the future or fall behind. It’s frustrating when Wall Street penalizes companies for something that will inevitably make the company more competitive and generate greater revenue. These companies know what they have to do to maintain future growth and still get penalized for it. Help me make sense of it please.

I saw results of Google and their earning was very great, but still the stock dripped 7% because of the capeX.

I am also invested in the memory stocks and at the end of trading day it comes nil for me because they raise and other Meg7 are dropping. Other big players like MSFT, META, AMZN are have earnings sechduled in coming weeks, so not sure if i should sell my already in -3/-4% positions on those stocks or wait till they go further down?

I really think Brian Chesky is missing the advertising opportunity a marketplace like Airbnb possesses. I believe any investor in Airbnb should consider this. This is not self-promotion; rather just an aim to educate investors in $ABNB.

Advertising is inherently about monetizing user attention. There are many technology companies today that may not seem like advertising companies on the outside, yet inherently rely on ads as a fundamental part of their business.

Advertising as a business model has a few great dynamics. Firstly, there is no cost to serve these ads on your platform, so there is inherently 100% margin. As your platform and its attention grow, so does your advertising business.

While there are businesses that are fully advertising companies, such as Meta and Alphabet, albeit the latter has diversified somewhat into other forays. I think what is more interesting are companies such as Uber, Amazon, Instacart, and potentially Airbnb because advertising is the hidden profit engine that allows these businesses to thrive, albeit unintentionally.

Yet to create a successful ad business, you need scale; Amazon has to grow the size of its retail business and introduce third-party sellers, which allows a near $ 70 billion ad business in 2025. That drives a core part of Amazon’s free cash flow, more than retail itself or AWS, yet you need to first establish a thriving marketplace in order to create a killer advertising product.

Uber has an ad business at a 2 billion run rate, which makes up a majority of its profits. Delivery, Mobility, and Freight are all just a front. Once you can capture users’ attention through the value proposition, eg. I want late-night wings, you can create a valuable ad product. So from a strategy perspective, Uber should continue to add businesses such as its partnership with Expedia to create greater user attention, which further grows their ad business, which rewards their shareholders.

Something Airbnb has struggled with. It's rather a communications problem and a failure to get a real CEO, which Uber, thanks to some poor management skills of its founder, was able to force its founder out and build a real defensible business, with Dara Khosrowshahi.

So what opportunity does Airbnb possess? The same that Uber did when they launched their ad business. Airbnb has created a two-sided network of Hosts and bookers. They charge fees on both sides and really have created a great business. I am in no way trying to undermine a company doing 4.5 billion in free cash flow. Yet the travel industry is inherently cyclical, and costs related to fees and damages are unstable. So why not have a promoted bookings business that can comfortably bring in around $ 1 billion in revenue based on an Uber-comparable in terms of ad revenue as a % of GBV? This would stabilize net income and free cash flow, which have been volatile at times, and overall strengthen the predictability of future cash flows, giving shareholders confidence and improving shareholder returns.

Basically the headline. I saw their earnings yesterday, "blockbuster" isn't good enough, they are doing very, very well. Then this morning because of a broad selloff and some concern about a european fine, they are down 6%? Down 20% from their recent high? This is as close to free money as I think you can find.

Now to be clear, My investment was in the 4 figure range and I'm a long range investor so I've got plenty of time to recover if I'm wrong. But just curious if anyone is looking at this the same as I am.