SSNL POKER [cheese] thread JUNE PT 3

[grando]

ugh it's monday and the games are terrible - I'm thinking of playing some omahahahaha, thoughts?

[joeblack]

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Yea I want to invest it but have no idea how to. I was gonna open a ROTH IRA but that has to be "earned income" and poker monies dont count.

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Look into Index funds. You will get your best return there but you have to stuff it away long term (no touching it for years!).

[luckybacon]

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[ QUOTE ]
Yea I want to invest it but have no idea how to. I was gonna open a ROTH IRA but that has to be "earned income" and poker monies dont count.

[/ QUOTE ]

Look into Index funds. You will get your best return there but you have to stuff it away long term (no touching it for years!).

[/ QUOTE ]

poker money does count if u file as a pro

[Wolfram]

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ugh it's monday and the games are terrible - I'm thinking of playing some omahahahaha, thoughts?

[/ QUOTE ]
Come play some 10/20 minbet holdem. It's soft as butter right now.

[joeblack]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Yea I want to invest it but have no idea how to. I was gonna open a ROTH IRA but that has to be "earned income" and poker monies dont count.

[/ QUOTE ]

Look into Index funds. You will get your best return there but you have to stuff it away long term (no touching it for years!).

[/ QUOTE ]

poker money does count if u file as a pro

[/ QUOTE ]

If he is 19 I am sure he is living with his parents which makes him a dependent and he possibly is a student.

Im not an accountant but I think the pro filing is not an option for him.

[GrandMelon]

Yea Im a student so I dont think Ill be filing as a pro. I think Im gonna go pick up some basic investing books from the school library and see what I can gather from those.

[grando]

[ QUOTE ]
[ QUOTE ]
ugh it's monday and the games are terrible - I'm thinking of playing some omahahahaha, thoughts?

[/ QUOTE ]
Come play some 10/20 minbet holdem. It's soft as butter right now.

[/ QUOTE ]

don't play on tilt or stars...but minbet is 1000x easier after playing NL

[TimM846]

Do you mean going BACK to minbet is easier after playing NL? Because I'm a NL donk and I always feel a little lost playing minbet poker.

[joeblack]

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Yea Im a student so I dont think Ill be filing as a pro. I think Im gonna go pick up some basic investing books from the school library and see what I can gather from those.

[/ QUOTE ]

Those will most likely be outdated.

Read Motleyfool.com, The Economist.com, WSJ, etc.

Watch MadMoney with Kramer on MSNBC (Novelty only).

Don't give your money to a stockbroker. Avoid fees and trade online using one of the many sites available. Your goal should be to get over a 5% return on your investment. CD's, Savings accounts, and bonds are for the birds.

[MyTurn2Raise]

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Anyone see me around on stars $100nl the past few days?

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yeah...didn't think it was you despite the sn
location threw me off

but, yeah, i've seen you