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+Hey all,
+
+I have some cash lying around in my savings account and I was thinking about just putting them into a brokerage and sell cash-secured puts to generate income since the yields on the savings accounts really suck these days and I just want to beat the inflation rate of 3% annually. Of course, this is the money I can lose and I know this is 'very high' risky play but I'm willing to play it in the safest way, like selling puts that are way out of the money.
+
+I rarely sell cash-secured puts. Do you guys have any tips on selling these? Like I should look for certain delta/theta or play weeklies or not.
+
+Any tips would be much appreciated, thanks!
+
+EDIT: I forgot spx500 gives you 7% annually. Now my goal is to beat 7% annually.
+People believe that Tesla is more of a Tech Company since their Battery Platform can be used and replicated for other applications. Also Tesla has done excellent software integration in their cars and are developing their own Self-Driving System.
+
+Do you see any Indian Auto Maker going the same path of integrating software heavily into their upcoming EV and end up being valued higher in the market like Tesla?
+ Given Burry has been calling for crashes, why is it that he is apparently all cash position (except that prison position)? why would he not be buying puts or shorting? Is he worried about counter party risk to the point of wild defaults where he may not get paid what he is owed if had puts/shorts, and figures it really is better just to wait it out, then invest only long post crash?
+Now that the trading week is over, what are you planning for the week to come? Did you make any gains this week or are you a big loser who blew up their TFSA on wealthsimple trade? 
+
+This is unregulated discussion. Remember this is a community to learn. **Downvotes are discouraged**
+
+Add 🚀🚀🚀 if you serious
+This is a week and a half of wheeling. Still learning the ins and outs but I'm very happy with the results. Even the NERV drop, I'm gonna get assigned but I'll continue to sell calls and lower my cost basis until I can get out of it. Even with that unfortunate event, $421 in profit with another $642 in credit waiting to close I think I'm doing ok. This is so much less stressful than buying premium. I almost quit options and then I decided to give this a try. Glad I did so far. Still have lots to learn!
+
+​
+
+https://preview.redd.it/rvwz3wvcdd251.png?width=3910&format=png&auto=webp&s=468ddec8a5b4e6fc728f1f330bce89621749cfdd
+Let's share thoughts on what worked this year and what didn't as far as wheeling is concerned 
+
+
+I didn't wheel anything this year as we are in a bear mkt other than small  loss on few tqqq trades which was well offset by good trades on sqqq and other short 3x etf
+
+
+Why the hell would anyone wheel during a bear market is beyond me? That too with no stops
+
+What saved you stops ?
+
+When to start wheeling some blue chip stocks thoughts?
+Quick background: I'm 28 years old, single, currently live at home, $50k (and growing) ready to go toward a real estate investment, no debt, $90k+ income, looking to get into a multi-family real estate to kick off my real estate journey in North NJ.
+
+My goal would be to house hack. I am open to buying something and continuing living at home and working on quickly getting property number two. I haven't looked into single families much, but I would be open to a flip. I'm worried about not being able to secure financing for renovations to get the property turned around quickly.
+
+I've been looking to enter the real estate game with a multi-family in North NJ. I'm mainly looking at 3 and 4 family homes for the additional revenue. 2 families can be tough with the high asking prices and property taxes, but there are some out there (more below). Another reason is the numbers don't look as great as the 3 and 4 families, at least in my inexperienced eyes.
+
+**My analysis**
+
+\*\*These calculations do not factor in utilities or appreciation - obviously numbers will change
+
+I would appreciate a critique of these spreadsheets and what additional things I should take into account or may need to change.
+
+[Here's the quick and dirty spreadsheet for a 2 minute calculation when I get a listing e-mailed.](https://imgur.com/i8bIIAh)
+
+Two properties I looked into this week. I saw the duplex in person this morning.
+
+[3 unit - $575k](https://imgur.com/8tIanah) \- assumes current rent rate without garages and collecting full rent in year 3
+
+The first property was a 3 unit. The owners accepted a conventional loan offer within 3-4 days and I couldn't even schedule a showing. Problem with this property is that it's located 1 block away from a chemical spill, EPA cleanup site. Selling agent wasn't aware of this. The town says it's all taken care of, but who knows what kind of problems can be lurking or develop in the future (health, trying to sell the property, etc.) The numbers looked fantastic. The building was apparently making $3,750 from the two  main units and also had a studio apartment. There was a two car garage (dilapidated) that could pull additional income if fixed. The two units could easily generate $4k+ and if everything was renovated and in working order, I could see it pulling in $5.5-$6k a month.
+
+[2 unit - $285k](https://imgur.com/HfkxvSL) \- assume moving out in year two and collecting full rent
+
+The second property was a 2 unit foreclosure that went on the market about 6 days ago. Offers were due today and they already had multiple offers in, so there was no room for bidding lower. I approximated $285k for the price. I saw it in person this morning and it was in much worse condition than the pictures showed. I think $75k in work was on the low side and it could easily turn into a $100k+ project. I don't have an additional $100k for reno, I don't know if this property would qualify for FHA, and after all was said and done, I doubt it would fetch over $375-400k in that neighborhood. I don't know if dumping all that money into it would be worth it in the long run.
+
+Do these numbers make sense? The returns seems above average. Maybe they are that good and that's why these things are disappearing within a few days of going on the market.
+
+**Here's my problem and where I need help developing my strategy.**
+
+I feel like I have analysis paralysis. I'm looking at too many numbers and don't know wtf to do. What do you guys look at when determining if an investment property is worth it?
+
+Going apartment rates here for a decent unit can be anywhere from $1.5-2.2k. If I house hack, I obviously don't want to be paying much if anything toward my mortgage. Do I want to be paying a certain percentage of the going market rate? I've come across properties that might cost me less than $100 a month which seems like a no brainer. What if I'm paying only $1000 to live there? Less than the market and I'm building equity.
+
+Do I want to look strictly at cash flow? Does the 1% rule apply in NJ? I've noticed properties here that can potentially meet this rule of thumb usually require a lot of work. What's a good cash flow in NJ? Should I be looking for something more turnkey that's maybe only flowing $500 a month?
+
+Do I look at CoC return? A lot of these properties are offering 12%+ cash on cash return. With equity and appreciation, I might be look at 20-30%+.
+
+I guess I need to figure out how to make sense of the numbers in my market and then I'll know how to proceed. Am I being too greedy and looking for astronomical returns for my first property?
+
+Any NJ investors here that could offer me some market specific advice?
+Quick background: I'm 28 years old, single, currently live at home, $50k (and growing) ready to go toward a real estate investment, no debt, $90k+ income, looking to get into a multi-family real estate to kick off my real estate journey in North NJ.
+
+My goal would be to house hack. I am open to buying something and continuing living at home and working on quickly getting property number two. I haven't looked into single families much, but I would be open to a flip. I'm worried about not being able to secure financing for renovations to get the property turned around quickly.
+
+I've been looking to enter the real estate game with a multi-family in North NJ. I'm mainly looking at 3 and 4 family homes for the additional revenue. 2 families can be tough with the high asking prices and property taxes, but there are some out there (more below). Another reason is the numbers don't look as great as the 3 and 4 families, at least in my inexperienced eyes.
+
+**My analysis**
+
+\*\*These calculations do not factor in utilities or appreciation - obviously numbers will change
+
+I would appreciate a critique of these spreadsheets and what additional things I should take into account or may need to change.
+
+[Here's the quick and dirty spreadsheet for a 2 minute calculation when I get a listing e-mailed.](https://imgur.com/i8bIIAh)
+
+Two properties I looked into this week. I saw the duplex in person this morning.
+
+[3 unit - $575k](https://imgur.com/8tIanah) \- assumes current rent rate without garages and collecting full rent in year 3
+
+The first property was a 3 unit. The owners accepted a conventional loan offer within 3-4 days and I couldn't even schedule a showing. Problem with this property is that it's located 1 block away from a chemical spill, EPA cleanup site. Selling agent wasn't aware of this. The town says it's all taken care of, but who knows what kind of problems can be lurking or develop in the future (health, trying to sell the property, etc.) The numbers looked fantastic. The building was apparently making $3,750 from the two  main units and also had a studio apartment. There was a two car garage (dilapidated) that could pull additional income if fixed. The two units could easily generate $4k+ and if everything was renovated and in working order, I could see it pulling in $5.5-$6k a month.
+
+[2 unit - $285k](https://imgur.com/HfkxvSL) \- assume moving out in year two and collecting full rent
+
+The second property was a 2 unit foreclosure that went on the market about 6 days ago. Offers were due today and they already had multiple offers in, so there was no room for bidding lower. I approximated $285k for the price. I saw it in person this morning and it was in much worse condition than the pictures showed. I think $75k in work was on the low side and it could easily turn into a $100k+ project. I don't have an additional $100k for reno, I don't know if this property would qualify for FHA, and after all was said and done, I doubt it would fetch over $375-400k in that neighborhood. I don't know if dumping all that money into it would be worth it in the long run.
+
+Do these numbers make sense? The returns seems above average. Maybe they are that good and that's why these things are disappearing within a few days of going on the market.
+
+**Here's my problem and where I need help developing my strategy.**
+
+I feel like I have analysis paralysis. I'm looking at too many numbers and don't know wtf to do. What do you guys look at when determining if an investment property is worth it?
+
+Going apartment rates here for a decent unit can be anywhere from $1.5-2.2k. If I house hack, I obviously don't want to be paying much if anything toward my mortgage. Do I want to be paying a certain percentage of the going market rate? I've come across properties that might cost me less than $100 a month which seems like a no brainer. What if I'm paying only $1000 to live there? Less than the market and I'm building equity.
+
+Do I want to look strictly at cash flow? Does the 1% rule apply in NJ? I've noticed properties here that can potentially meet this rule of thumb usually require a lot of work. What's a good cash flow in NJ? Should I be looking for something more turnkey that's maybe only flowing $500 a month?
+
+Do I look at CoC return? A lot of these properties are offering 12%+ cash on cash return. With equity and appreciation, I might be look at 20-30%+.
+
+I guess I need to figure out how to make sense of the numbers in my market and then I'll know how to proceed. Am I being too greedy and looking for astronomical returns for my first property?
+
+Any NJ investors here that could offer me some market specific advice?
+We have known all along... the huge heaping pile of dogshit wrapped in catshit known as synthetic shares, phantom shares, or IOUS - they aren't real shares until you DRS and put them in your name.
+
+During Jan 2021, FINRA reported a short interest of 226%
+
+The SEC 'meme stock report' showed 122%
+
+Link - https://www.sec.gov/page/sec-staff-release-gamestop-report
+
+What does the short interest mean?
+
+According to Investopedia:
+
+"Short interest indicates how many shares of a company are currently sold short and not yet covered.
+
+If a company has 10 million shares of stock outstanding and 1 million shares are sold short, the total short interest is 10%."
+
+GameStop once had 76 million shares outstanding. The official reports showed 122-226% which means 92-171 million shares were sold short.↘️
+
+But we all know mathematically it is easily over 1,000% meaning the reverse is also true:
+
+#There are easily over 1 billion synthetic shares.
+
+Link - https://www.reddit.com/r/Superstonk/comments/wdf1gs/reminder_reported_short_interest_si_will_never/?utm_medium=android_app&utm_source=share
+
+And you know what happens when shorts close? Buy back which creates Massive price action movement 🆙
+
+Shorts are really the dumb stormtroopers of the Galaxy.
+
+SHFs have doubled down on every opportunity to short and have dug a grave so far deep that it's made them sell their condos, penthouses, and move to Florida because they know domino bankruptcy is coming.
+
+The DOJ has opened an investigation and made a public statement they are pursuing RICO charges for securities fraud.
+
+This week we received the smoking gun that the DTCC intentionally coded it wrong on the instructions to international brokers for a FC-02 - stock split, NOT an FC-06 for stock dividend, according to their own handbook from the official DTCC website.
+
+Ryan Cohen has made it clear:
+
+"Ask not what your company can do for you - ask what you can do for your company."
+
+It's clear as daylight.
+
+Submit reports to SEC and DOJ. They want a paper trail to pursue this for RICO charges.
+
+The MOASS is in our hands, nobody is going to hand you a million dollars on a silver platter but you have been given the keys to do it.
+
+DRS your broker shares to prove that you own your shares. Document and screenshot any taxes incurred by broker's doing a stock split on your account. Package that all up and send it:
+
+DOJ
+
+https://oig.justice.gov/hotline/submit_complaint#:~:text=You%20may%20report%20waste%2C%20fraud,Drug%20Enforcement%20Administration
+
+SEC
+
+https://www.sec.gov/oiea/Complaint.html
+
+The music has stopped.
+
+This is the final piece... The last DRS wave before the MOASS.
+
+Share price will jump into the thousands to prevent fomo buyers and skyrocket into hundreds of thousands triggering halts. This is a once in a lifetime event and it will not be televised but what you do today will live in history.
+
+Make it count.
+
+Buy DRS hodl
+🟣o7🟦👑💎🙌🚀♾️🏊‍♂️
+I honestly think that someone had an attack planned today.
+
+Many of the 1-minute red candles from throughout the day have been the same 14,000-16,000 size share orders, over and over again.
+
+I think that from the $223 top, that they tried to drop the price by 5% intraday to see if they could trigger any stop-losses from apes that just went green for the first time in 6 months and wanted to cover their exit.
+
+They found nothing but buy orders.
+
+I truly think today may have been the apes winning a small battle. I think we just came out victorious for the first time against a selling attack aimed at paper-hands stop-losses.
+
+Apes. Prepare the rocket to Uranus...
+Just a quick one but very important. 
+
+This morning I received a notification on my Monzo app of an active card check. I wasn't doing anything at the time and I didn't recognise the company it was being checked for. I immediately froze the card on the app.
+
+12 minutes later and attempt was made to charge £169.40 to a Go Fund Me account! It was declined because of the card freeze.
+
+If I hadn't spotted the notification of the check in time this payment may have gone through. I am so pleased that it notified me and that I was able to freeze the card instantly. Such an amazing feature. I have now ordered a replacement card.
+
+Stay vigilant everyone!
+Received this email from my own email address. Any advice? This seems like a real hack as it came from my own account.
+
+"Hi,
+
+A week ago I gained access to your email, this then migrated to your phone & other devices. Since then I have been monitoring activity and well it seems you have quite the life to be ruin.
+
+Please note that this isn't a targetted attack, you just so happened to be vulnerable at the time.
+
+With the access I currently have I can:
+
+- Bypass your Online banking verification
+- Access your PayPal account and send funds
+- Access your feed and personal messages
+
+Trying to remove this access is pointless
+
+
+A one-time payment of 0.03 Bitcoin MUST be made to the below address within 7 days:
+
+(34 character accoint name)
+
+On receipt of payment you will receive confirmation via email, after this no further action will be taken against you, your family or known IP addresses & any malware / rootkits used to obtain information will be uninstalled from your devices.
+
+
+---How to get Bitcoin---
+
+You can purchase Bitcoins via https://coinbase.com/ or https://localbitcoins.com/ as well as many other websites.
+
+
+
+---NO OTHER PAYMENT METHOD WILL BE ACCEPTED---
+
+
+Note: changing your passwords will not help. If payment is not made within 7 days I will be looking for a response to this email (yes, respond to yourself). Refusal to pay will result in a leakage of funds from your accounts amounting 0.1 Bitcoin.
+
+Regards,
+(FakeName)" 
+
+Not sure how this could have came about, has anyone any advice on the next steps?
+ 
+
+ 
+
+ 
+
+#[Look at yourselves, you pass yourselves off as cynical people, but you still have faith in the system](https://youtu.be/xy7_uus1aSo?t=79)
+
+#TLDR: Compilation of banks who are involved in the gamestop saga, and people/companies connected to it.
+
+ 
+
+I have been putting off quite a lot of things making this, but it's the least I can do compared to how much RC is [working so hard for the company behind the scenes.](https://www.reddit.com/r/Superstonk/comments/oqtyp4/i_seriously_wonder_if_what_rc_meant_to/)
+
+This is not financial advice, not DD, not presenting any of this as fact, just one big ass list. The 40,000 character/post is limiting me, so I'll have to break it up into parts. I started with the banks, so PT 2 is first. Let the sources speak for themselves
+
+PT 1: Hedge Funds, Market Makers, Brokers, and the DTCC
+
+PT 2: Banks
+
+PT 3: Central banks, The Federal Reserve, Ex and current government officials, and BlackRock
+
+[Some music to get your tits jacked](https://www.youtube.com/watch?v=v2AC41dglnM)
+
+ 
+
+ 
+
+_____________________________________________
+
+ 
+
+ 
+
+ 
+
+#[Yo dawg, I heard you like derivatives](https://imgur.com/gallery/8LqE8VQ), but [do you like $189T worth of derivatives?](https://www.reddit.com/r/Superstonk/comments/oyyour/heard_you_like_some_derivatives_but_do_you_like/)
+
+#The Bigger Short.[1]
+
+ [How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash.](https://www.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/) GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.
+
+>This is not a **"retail vs. Melvin/Point72/Citadel" issue. This is a "retail vs. Mega Banks" issue. The rich, and I mean all of Wall Street, are trying desperately to shut GameStop down because it has the chance to suck out trillions if not hundreds of trillions from the game they've played for decades.**
+
+#[The Bigger Short](https://theintercept.com/2021/04/20/wall-street-cmbs-dollar-general-ladder-capital/)[2]
+
+ 
+
+Wall Street's cooked books fueled the financial crisis in 2008. **It's happening again**
+
+“Overall,” they write, “actual net operating income falls short of underwritten income by 5% or more in 28% of loans.” This was just the average, however: Some originators — including an unusual company called **Ladder Capital as well as the Swiss bank UBS, Goldman Sachs, Citigroup, and Morgan Stanley — were significantly worse, “having more than 35% of their loans exhibiting 5% or greater income overstatement.”** The below graph from the paper illustrates just how prevalent this issue is with some of Wall Street’s biggest names:
+
+#[They're still doing the same shit that caused the 08' Recession](https://www.swfinstitute.org/news/87324/new-mexico-state-investment-council-files-antitrust-lawsuit-on-alleged-rigging-of-cds-market-against-global-banks)
+
+>New Mexico State Investment Council Files Antitrust Lawsuit on Alleged Rigging of CDS Market Against Global Banks
+
+>The New Mexico State Investment Council filed a antitrust lawsuit claiming Bank of America Corporation, Citigroup Inc., Goldman Sachs Group Inc., and other top financial institutions rigged the credit default swap market by manipulating a key benchmark. The complaint was filed in the U.S. District Court for the District of New Mexico. In the proposed class action other targeted banks include Barclays Plc, BNP Paribas SA, Credit Suisse Group AG, Deutsche Bank AG, JPMorgan Chase & Co., Morgan Stanley, Natwest Group Plc, and three industry groups.
+
+ 
+
+[Pandemic relief supported the biggest banks through the downturn](https://www.minneapolisfed.org/article/2021/pandemic-relief-supported-the-biggest-banks-through-the-downturn)
+
+>Our analysis shows that federal stimulus helped banks avoid as much as **$300 billion in loan losses.** Put another way, this indirect support from government programs allowed banks to avoid the worst of the economic shock in the first place. **-Federal Reserve Bank of Minneapolis**
+
+
+
+
+
+ 
+
+ 
+
+ 
+
+_____________________________________________
+
+ 
+
+ 
+
+ 
+
+
+#[BofA](https://www.reddit.com/r/Superstonk/comments/nsioql/the_complete_bank_of_america_gamestop_dd/)([deez NUTZ](https://www.youtube.com/watch?v=HHFFdy2NSdE))
+
+
+
+On April 16th Bank of America issued a [$15 Billion dollar bond](https://www.marketwatch.com/story/bank-of-america-tops-charts-with-15-billion-bond-deal-the-biggest-ever-from-a-bank-11618606409). Now given they had an extremely strong quarter, why would BofA need the additional collateral?
+
+
+Let's check what Citadel says about its Prime Broker [here](https://preview.redd.it/jo04yu7s3c371.png?width=924&format=png&auto=webp&s=c73e6bf6450d7cf5da415329d838cffc5fb8d463)
+
+ 
+
+BAML (which stands for BANK OF AMERICA MERRIL LYNCH) or now BAC is the prime and clearing broker for **96.69% of all the net derivative assets of Citadel Securities? They are holding the 57.6 Billion Bag on Citadel Poo... 32,386 Billion of it in options, with a ton of those, are going to explode in their face or be worthless.**
+
+ 
+
+BofA deez nuts [terminates coverage of GME](https://imgur.com/5SakjnE)
+
+ 
+
+Bank of America May Offer to Sell Up to [$123B of Debt Securities, Warrants, Purchase Contracts, Preferred Stock, Depositary Shares](https://www.reddit.com/r/Superstonk/comments/owgbq2/bank_of_america_may_offer_to_sell_up_to_123b_of/)
+
+ 
+
+[Why big name banks like Bank of America, JP Morgan Chase, Citigroup and more were excluded from bonds sales in the EU, and what banks have been doing for YEARS to manipulate the market to fuck everyone else over](https://www.reddit.com/r/Superstonk/comments/o0hey8/why_big_name_banks_like_bank_of_america_jp_morgan/)
+
+>Basically, Bank of America, Merrill Lynch, Crédit Agricole, and Credit Suisse all aligned their trading activities in such a way that **they acted as a SINGLE entity**(**Remember that**) to manipulate the bonds market in April 2021 and got caught for it and fined. But remember, these were just the banks that GOT CAUGHT doing this. With the EU recently barring more big banks like JP Morgan & Chase and Citigroup from participating in their bonds sales it looks like they are suspicious of them as well in corroborating in market collusion to a similar degree.
+
+ 
+
+[EU freezes 10 banks out of bond sales over antitrust breaches
+Big names involved in past market-rigging scandals barred from lucrative recovery](https://www.ft.com/content/130cf192-8fe0-4edb-a962-2625107eae2f)
+
+>**Bank of America, Natixis, Nomura, NatWest and UniCredit** have been prevented from taking part because of a commission antitrust ruling last month that they participated in a bond trading cartel during the eurozone debt crisis a decade ago.
+
+>**Citigroup, JPMorgan and Barclays — in addition to NatWest** — have also been barred following a finding two years ago that they were involved in manipulating currency markets between 2007 and 2013, people familiar with the matter said. **Deutsche Bank and Crédit Agricole** are also excluded because of an April ruling that they were involved in a different bond trading cartel, the people said. All the banks declined to comment. 
+
+
+ 
+
+ 
+
+ 
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#[Credit Suisse](https://www.wsj.com/articles/inside-credit-suisses-5-5-billion-breakdown-archegos-11623072713)/[Archegos](https://www.cnbc.com/2021/03/29/the-archegos-blowup-and-its-ripple-effect-across-markets.html)
+
+>Hwang went to work for Robertson's Tiger Management. Robertson closed his hedge fund in 2000, but handed Hwang about $25 million to launch his own fund, **Tiger Asia Management**, which grew to over $5 billion at its peak. Robertson’s former proteges are known as the **Tiger Cubs**, and Hwang was considered one of the most successful among them.
+
+>The stunning implosion of Archegos Capital Management, whose speculative bets roiled Wall Street, is now expected to cost Credit Suisse an even 5 billion francs **($5.5 billion), wiping out in one fell swoop five years of profits at its investment banking division.**
+
+
+ 
+
+
+ 
+
+
+
+[Credit Suisse Sells $3.75 Billion of Debt Amid Archegos Cleanup](https://www.bloomberg.com/news/articles/2021-08-02/credit-suisse-to-sell-u-s-dollar-bonds-amid-archegos-cleanup)
+
+>The losses and a subsequent pullback in risk weighed on results, with the **firm’s first-half profit dropping 99%** from a year earlier. The fallout also prompted Moody’s Investors Service to cut the credit rating of the unit housing its investment bank and wealth manager. Credit Suisse’s new chairman said he’s conducting a strategic review that may chart a new course for the lender.
+
+The offering follows debt sales from **Bank of America Corp., Morgan Stanley and Goldman Sachs Group Inc. among other Wall Street firms last month.**
+
+
+ 
+
+
+ 
+
+
+[Wut Doing Credit Suisse?](https://www.reddit.com/r/Superstonk/comments/ox7p7a/wut_doing_credit_suisse/)
+
+
+>"116 In January 2021, an historic rally in GameStop Corp. shares sent the company’s stock price from $19 at the beginning of the year to an intraday high of [**$483 on January 28, a surge of over 2500%.**](https://preview.redd.it/hj1gdegjt5f71.png?width=770&format=png&auto=webp&s=1736beaf00a9922c849eb2b2242af1f670d19331) The rally was thought to be driven in part by enthusiasm generated on internet forums. At the same time, numerous large investors held short positions in GameStop stock, and demand for shares among short investors seeking to exit their positions drove the share price even higher. Among other things, the episode highlighted the danger that concentrated exposure to the **idiosyncratic risks of a particular stock could lead to significant trading losses**."
+
+ 
+
+VIA THE DTCC: “The largest deficiency incurred during the quarter was mainly driven by a **single security exhibiting** [**"idiosyncratic risk.”**](https://www.reddit.com/r/Superstonk/comments/o6i0xn/via_the_dtcc_the_largest_deficiency_incurred/)
+ in regards to their massive margin breach Q1 (3x the previous record). See PG 6.
+
+ 
+
+ 
+
+ 
+
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#[JP Morgan Chase](https://www.reddit.com/r/Superstonk/comments/oauenv/found_out_why_the_lights_are_on_at_jp_morgan_in/)/[BNY Mellon](https://www.reddit.com/r/DDintoGME/comments/o18t8a/bny_mellon_are_citadels_clearing_bank_for/)/[Morgan Stanley](https://www.reddit.com/r/Superstonk/comments/n0i5et/notice_of_liquidation_ie_morgan_stanley_and/)
+
+>EuroApe here looking at Euro stuff. So it looks like JP Morgan have been using their weekends to borrow money, filing several charges as recently as Friday, And from who you ask....
+
+>BNY Mellon - the same crazy cats that I previously discovered had Citadel Europe by the balls and all of their assets as collateral.
+
+>Here is a link to where their registered charges are listed: [JP Morgan Securities PlC - Registered Charges](https://find-and-update.company-information.service.gov.uk/company/02711006/charges)
+
+>Example from one of the charges [here](http://imgur.com/gallery/M7AH48y
+)
+
+ 
+
+>[NOTICE OF LIQUIDATION OF THE JPMORGAN INTERNATIONAL ADVANTAGE FUND.](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/news-and-fund-announcements/international-advantage-fund-liquidation.pdf)
+
+>apparently it's old news.
+
+>"Supplement dated **January 28, 2021** to the Summary Prospectuses, Prospectuses and Statement of Additional Information dated March 1, 2020, as supplemented"
+
+ 
+
+DTC Membership Update: Effective with the close of business on July 13, 2021 JPMorgan Chase Bank, National Association, #0902, [will retire the following account: JPMORGAN CHASE BANK/CORPORATE MUNICIPAL DEALER.](https://www.reddit.com/r/Superstonk/comments/ojk8wc/dtc_membership_update_effective_with_the_close_of/)
+
+ 
+
+
+[Jamie Dimon](https://www.reddit.com/r/Superstonk/comments/nljyoi/jamie_dimon_ceo_of_jpmorgan_chase_with_a_smug/) - CEO of JPMorgan Chase - with a smug fucking grin after [being grilled by Elizabeth Warren about their collection of overdraft fees.](https://www.youtube.com/watch?v=MDKfCGlCHWQ) Fuck these assholes.
+
+ 
+
+[“So we’ve kind of bifurcated the economy.“](https://www.cnbc.com/2019/03/18/jamie-dimon-says-weve-split-the-us-economy-leaving-the-poor-behind.html)
+
+ 
+
+
+[JPMorgan and Morgan Stanley after hours](https://www.reddit.com/r/Superstonk/comments/oyu48o/jpmorgan_and_morgan_stanley_after_hours/)
+
+ 
+
+Am I reading this correctly from 04/13/21? [Citadel Europe needs cash, signed with BANK OF NY MELLON for a "line of credit", and agrees to full seizure if "either prior to, or subsequent to a default"](https://www.reddit.com/r/Superstonk/comments/o13686/am_i_reading_this_correctly_from_041321_citadel/)
+
+Well, considering this happened 2 weeks later lol: [Citadel Securities Luxembourg dissolved 4/30/2021](https://www.reddit.com/r/Superstonk/comments/o0n955/citadel_securities_luxembourg_dissolved_4302021/)
+
+>TLDR: The Bank is granting Citadel Europe a larger line of credit. The bank in return has the right to request collateral of any kind and if citadel Europe fails to deliver (aka failed margin call), the bank can sell / close / transfer to their own accounts any position or asset to cover the line of credit without any prior notice.
+
+
+Data Alert! Eight firms were required to submit targeted resolution plans by July 1: [**Bank of America Corporation; The Bank of New York Mellon Corporation; Citigroup Inc.; The Goldman Sachs Group, Inc.; JPMorgan Chase & Co.; Morgan Stanley; State Street Corporation; and Wells Fargo & Company.**](https://www.reddit.com/r/Superstonk/comments/onmxr9/data_alert_eight_firms_were_required_to_submit/)
+
+ 
+
+[The Catastrophic Correlation Between Union Bank, Morgan Stanley, and Archegos Capital.](https://www.reddit.com/r/Superstonk/comments/mvcgf2/the_catastrophic_correlation_between_union_bank/)
+
+>So today we saw that Union Bank had confirmed to closing over 400 locations. This can be seen through the following [post](https://www.reddit.com/r/Superstonk/comments/mv6k4z/union_bank_confirms_emergency_closing_of_over_400/)
+
+>The reason this is very fascinating to observe is because it reveals a much deeper image of their collapsing empire. How does it do that you ask? Well, if you look at the Parent company of **Union Bank** it turns out it is: **MUFG Bank.**
+
+ 
+
+[Dutch criminal authorities ask Morgan Stanley for documents related to tax probe](https://www.reuters.com/business/dutch-criminal-authorities-ask-morgan-stanley-documents-related-tax-probe-2021-08-02/)
+
+>Morgan Stanley in its quarterly report said the probe followed civil litigation by the Dutch Tax Authority into the bank having taken 124 million euros ($147.21 million)of credits to **reduce its corporate tax liabilities for the [2007 to 2013 tax years.](https://bit.ly/3ih5Igo)
+
+Could they be illegally reducing their liabilities **RIGHT NOW**?
+
+ 
+
+ 
+
+[The big banks just increased their dividends, some doubled them. Come with me and Let’s head back to 08](https://www.reddit.com/r/Superstonk/comments/oa371g/the_big_banks_just_increased_their_dividends_some/)
+
+##[JP Morgan (JPM)](https://seekingalpha.com/article/4442972-jp-morgan-growing-dividend-once-again-worth-a-buy)
+
+During the years prior to the 2008 crisis, JP Morgan (JPM ) offered a dividend yield around 3%. By 2008, as JPM’s share price began to crumble, its yield rose above 4%. By February of 2009, JPM’s yield dropped to just 0.55% when the company cut its dividend for the first time since 1990 from 38 cents to 5 cents per share quarterly. This drastic change came as a surprise to many investors. Although many banks had recently slashed dividends, JPM was still considered one of the most stable investment banks, and was one of the last to cut its payout.
+
+This dividend reduction came soon after the company received $25 billion in TARP bailout funds. JPM’s CEO Jamie Dimon reported that the cut was unrelated to the bailout, and said that this cut was made to allow JPM to have more financial flexibility. The 87% dividend cut helped the bank save $5 billion annually, which freed up capital to repay bailout funds.
+
+##[Wells Fargo (WFC)](https://www.fool.com/investing/2021/07/13/wells-fargos-dividend-hike-and-stock-buyback-plan/)
+
+San Francisco-based Wells Fargo (WFC ) kept up with its peers by offering over a 3% dividend yield in 2006 and 2007. In 2008, WFC’s yield shot up to 4.5% as its share price fell, similar to other banks at the time.
+
+Just two months after the bank’s purchase of ailing Wachovia in March 2009, the bank cut its dividend 85% from 34 cents to just 5 cents per share, leaving shareholders with a mere 0.70% yield. The cut allowed WFC to save $5 billion a year to help fund its toxic mortgage losses.
+
+##[Bank of America (BAC)](https://www.businesswire.com/news/home/20210721005800/en/Bank-of-America-Increases-Common-Stock-Dividend-17-Percent)
+
+Charlotte, NC-based Bank of America (BAC ) traded at around $50 prior to the 2008 crisis, and had a dividend yield that exceeded 5% in 2007 and reached 7% by 2008. The banking giant was historically a great choice for dividend investors, but that all changed in 2009 when the bank was forced to cut its dividend in order to comply with government restrictions after taking TARP bailout funds.
+
+In 2009, BAC cut its quarterly dividend to just 1 cent per share. This left investors with just a 0.23% dividend yield. Since the dividend cut, BAC has made attempts to raise its dividend, but has failed to gain government approval.
+
+##Citigroup ©
+
+In 2006, Citigroup (C ) had a dividend yield of about 4% which increased to over 4.5% in 2007. By 2008, the New York City-based bank had a dividend yield of over 7% as its stock price began to fall. In 2008, Citi was bailed out by the U.S. government for the first time and given $25 billion in TARP bailout funds. By February 2009, Citi had received its third government bailout. The government owned one-third of its shares.
+
+To comply with the government regulations, the bank suspended its dividend entirely from 2009-2010. In March 2011, the company resumed its dividend, offering a yield of just 0.10%, or 1 cent per share. During this time, C also did a reverse stock split of 10 to 1, making its shares worth approximately $44.
+
+ 
+
+[Morgan Stanley doubles its dividend](https://www.cnbc.com/2021/06/28/morgan-stanley-doubles-its-dividend-as-banks-start-to-raise-payouts-following-fed-stress-tests.html) as most banks raise payouts following Fed stress tests
+
+ 
+
+##[Fed to lift COVID-era restrictions on bank dividends, buybacks after stress tests](https://finance.yahoo.com/news/fed-to-lift-covid-era-restrictions-on-bank-dividends-buybacks-after-stress-tests-202925576.html)
+
+ 
+
+##[ECB Lifts Restrictions on Bank Dividends as Economy Rebounds](https://www.bloomberg.com/news/articles/2021-07-23/ecb-to-lift-restrictions-on-bank-dividends-as-economy-rebounds)
+
+ 
+
+##[Canadian banks poised for 13% dividend boost when regulator gives the OK](https://financialpost.com/fp-finance/banking/canadian-bank-dividends-13-percent-boost)
+
+ 
+
+
+##["Bank dividends peaked between mid-2007 and mid-2008, just months before the financial crisis boiled over with Lehman Brothers Inc’s Chapter 11 bankruptcy filing in September 2008."](https://www.reuters.com/article/us-banks-dividend-idUSTRE7043OR20110105)
+
+ 
+
+
+#[THINK apes, THINK!](https://imgur.com/gallery/RJ4xJ56)
+
+ 
+
+ 
+
+ 
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#Wells Fargo
+
+Wells Fargo to [liquidate two of its trusts: 'Central Fidelity Capital Trust I' and 'Wachovia Capital Trust II'](https://www.reddit.com/r/Superstonk/comments/nh5ed7/wells_fargo_to_liquidate_two_of_its_trusts/)
+
+ 
+
+Last week, our favorite clown Jim Cramer said he would [buy Wells Fargo](https://www.reddit.com/r/Superstonk/comments/oghre1/last_week_our_favorite_clown_jim_cramer_said_he/) and buy it aggressively. Today, Wells Fargo is withdrawing personal credit. [Jimbo endorsed Bear Stearns 6 days before their bailout saying they would be totally fine.](https://www.youtube.com/watch?v=gUkbdjetlY8)
+
+ 
+
+[Wells Fargo tells customers it’s shuttering all personal lines of credit](https://www.cnbc.com/2021/07/08/wells-fargo-is-shutting-down-all-personal-line-of-credit-accounts-.html)
+
+ 
+
+#[Buffett no longer sees long-term profitability in bank stocks.](https://financhill.com/blog/investing/why-did-buffett-sell-bank-stocks)
+
+Buffett sold all or most of nine of its financial holdings, including:
+
+· **Wells Fargo (NYSE:WFC) 85,630,213 shares sold**
+
+· **U.S. Bancorp (NYSE:USB) 497,786 shares sold**
+
+· **Bank of New York Mellon (NYSE:BK) 7,407,604 shares sold**
+
+· **JPMorgan Chase (NYSE:JPM) 35,506,006 shares sold**
+
+Visa (NYSE:V) 575,000 shares sold
+
+· Mastercard (NYSE:MA) 370,000 shares sold
+
+· PNC Financial (NYSE:PNC) 3,847,398 shares sold
+
+· M&T Bancorp (NYSE:MTB) 845,866 shares sold
+
+· **Goldman Sachs (NYSE:GS) 1,920,180 shares sold**
+
+
+ 
+
+ 
+
+ 
+
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#Gold-man (Ball)Sachs
+
+Goldman Sachs, [June 30 2021, 10:30PM](https://reddit.com/r/Superstonk/comments/obceip/goldman_sachs_june_30_2021_1030pm/)
+
+ 
+
+["How much of that shitty deal did you sell to your clients?"](https://www.youtube.com/watch?v=whlzFWwVv98) Goldman Sachs Hearing
+
+ 
+
+[Goldman Sachs provides borrowing and lending services to allow institutions to cover their short positions. AKA THEY ARE VOLLEYING THE SAME SHARES BETWEEN EACH OTHER TO RESET FTDS.](https://www.reddit.com/r/Superstonk/comments/oz0l1t/goldman_sachs_provides_borrowing_and_lending/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
+
+ 
+
+BREAKING: Goldman Sachs & Co [fail to reconstruct AT LEAST 10% of computerized trade data between December 2nd 2020 and January 29th 2021](https://www.reddit.com/r/Superstonk/comments/nqmz4u/breaking_goldman_sachs_co_fail_to_reconstruct_at/)
+
+ 
+
+
+The shill of all shills. [Rep. James Himes, a **former Goldman Sachs** executive, seems to be much more entrenched in the hedgies and their cronies than people seem to realize](https://www.reddit.com/r/Superstonk/comments/n6s6w1/the_shill_of_all_shills_rep_james_himes_a_former/). Here's some highlights from a Times article I just found while investigating this cum rag. Will post source link in comments
+
+ 
+
+
+Ex Goldman Sachs trader explains in [90 seconds how brokers earn money off of your trades and why you always lose money](https://www.reddit.com/r/Superstonk/comments/n7rqbp/ex_goldman_sachs_trader_explains_in_90_seconds/). Full video [here](https://www.reddit.com/r/Superstonk/comments/n7lwea/ex_goldman_sachs_trader_explaining_just_how/)
+
+ 
+
+JP Morgan and Goldman Sachs [selling massive amount of bonds](https://www.reddit.com/r/Superstonk/comments/mrm4ms/jp_morgan_and_goldman_sachs_selling_massive/)
+
+ 
+
+GODS OF THE SUN, part 1.1 - Manipulating the meme stock narrative, RC’s “Sears” tweet, Vulture Funds, Apollo Global Management, who Adam Aron really is, Epstein, [Goldman Sachs](https://www.reddit.com/r/Superstonk/comments/nud0so/gods_of_the_sun_part_11_manipulating_the_meme/?utm_source=share&utm_medium=ios_app&utm_name=iossmf), and the TOTAL ECLIPSE of the SUN. (Wow, eh?)
+
+ 
+
+ 
+
+>""After watching [Inside Job](https://www.youtube.com/watch?v=T2IaJwkqgPk&t=4486s), and reading criand's [new post](https://www.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/), it is clear to me that this collusion between the government and the bankers goes back decades.
+
+>The call is coming from [INSIDE THE HOUSE.](https://www.youtube.com/watch?v=NzzvzLsTH0Q)Obama picked **Gary Gensler** to the CFTC, a former **Goldman Sachs exec who had [helped ban the regulation](https://youtu.be/T2IaJwkqgPk?t=5990) of derivatives**."" ------My own comment a couple months ago
+
+ 
+
+I'm going to be honest with you Gary, I don't trust you, and your past doesn't look too good. But [I'll give you the benefit of the doubt](https://www.reddit.com/r/Superstonk/comments/oxtx4j/cnbc_full_15_minute_interview_with_garry_gensler/) now, do the right thing here.
+
+
+ 
+
+ 
+
+ 
+
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#[Citibank](https://www.reddit.com/r/Superstonk/comments/mwbp7e/citigroup_is_shitting_in_the_same_pot_as_shitadel/), Barclays
+
+
+[God damn I’ve never seen the banks this lit up before (LONDON)](https://www.reddit.com/r/Superstonk/comments/npjphj/god_damn_ive_never_seen_the_banks_this_lit_up/). **Barclays, HSBC, Citi Bank, KPMG, JP Morgan and One Canada Square**, the whole district is lit up crazy. Something is deffo going down. Banks fucked up. Marge is callin Kenny, pick up the damn phone!
+
+ 
+
+Citibank announces [sale of Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam operations and other regional assets](https://www.reddit.com/r/Superstonk/comments/mrxp75/citibank_announces_sale_of_australia_bahrain/)
+
+ 
+
+[Citigroup Borrowing $5.5 Billion in Latest Bank Bond Offering](https://www.reddit.com/r/Superstonk/comments/mzvcli/citigroup_borrowing_55_billion_in_latest_bank/)
+
+ 
+
+[Barclays Bank cut customer credit card limits...PLEASE UPVOTE](https://www.reddit.com/r/Superstonk/comments/mv6y7b/barclays_bank_cut_customer_credit_card/)
+
+
+
+
+
+ 
+
+ 
+
+ 
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+#CNBC
+
+look at [this](https://www.youtube.com/watch?v=KjKbM3kjCWg) CNBC host's reaction to blurting out naked shorts. [uh-oh](https://www.reddit.com/r/Superstonk/comments/nsmjqd/me_running_to_superstonk_after_hearing_mellisa/)
+
+ 
+
+In the middle of CNBC's Techcheck on Netflix's 'too hot to handle' plan of hiring ONE person... they show [this](https://www.reddit.com/r/Superstonk/comments/ol2gkq/in_the_middle_of_cnbcs_techcheck_on_netflixs_too/)....  why are they so afraid of Gamestop? 
+
+ 
+
+Jim Cramer [tells investors to take home run and sell GameStop: 'You've won'](https://www.youtube.com/watch?v=jRHlprpFVPc)
+
+ 
+
+[This POS is calling Apes Communists and Marxist for holding GME. 2 terms in which boomers really hate.](https://www.reddit.com/r/Superstonk/comments/oz8w0g/this_pos_is_calling_apes_communists_and_marxist/) He also adds that Apes hate "the rich". He failed to mention that holding GME has nothing to do with the rich, but rather Apes hate criminals like himself.
+
+ 
+
+Last week, our favorite clown Jim Cramer said he would [buy Wells Fargo](https://www.reddit.com/r/Superstonk/comments/oghre1/last_week_our_favorite_clown_jim_cramer_said_he/) and buy it aggressively. Today, Wells Fargo is withdrawing personal credit.
+
+ 
+
+Jim Cramer says [there won't be a crash](https://www.youtube.com/watch?v=-VccFFQk_1k). Let's not forget the time he went on public TV and told the world in '08 that Bear Stearns was fine, [6 days before their collapse.](https://www.youtube.com/watch?v=gUkbdjetlY8)
+
+ 
+
+
+#["Citadel is in great shape](https://www.reddit.com/r/Superstonk/comments/oyswp2/cramer_on_citadel_in_2008_smh/), because they said so. See, this is how it works. it's the way it's played, and guys like me can't even say anything other than they're in great shape. **You can't talk about Citadel**, because if you say they're not, he will say prove it, and if you say he is in great shape and someone listens to you, then **well thats dangerous too.** So this is a crisis of confidence" -Jim Cramer
+
+
+“If Citadel tells me they’re in great shape, they’re in great shape! If Citadel tells me they want to clap my cheeks, I let em give a standing ovation! If Citadel offers me a soda, I’ll take the Pepsi because they deserve all the coke! Btw do you have any more coke?”
+
+It’s very clear that you don’t fuck with Disney (hu-ha!). He clearly saying without saying that speaking out against Citadel is not something to be fucked with. Kenny has his was and will ruin you in some way shape or form. He openly admits that saying they are in good shape is dangerous, but that he has no choice. Instead he uses an overplay of his statements to try to get the message across that they aren’t fine. Something that clearly went right over the reporters head as well. You can see his whole demeanor change when he starts to “get real with her”. Cokehead fades away to what seems like a time when he was warned not to ever go against Citadel. This video is actually super intriguing once you dive into the subtext of what is coming out of his mouth. Give it another watch, get off his nuts, and just listen to what he says, watch his body language change, and read into what he’s saying.
+
+ 
+
+As you can see, CNBC, and especially [JIM CRAMER](https://www.reddit.com/r/Superstonk/comments/nlovio/cramer_why_why_whying_in_higher_quality/) will [lie](https://www.youtube.com/watch?v=jIfixbq_u0Q) and [manipulate](https://www.reddit.com/r/Superstonk/comments/nsyccq/jon_stewart_2009/) it's viewers.
+
+ 
+
+CNBC’s [Andrew Sorkin and Ken Griffith](https://www.reddit.com/r/Superstonk/comments/oygctt/cnbcs_andrew_sorkin_and_ken_griffith_pictured/) pictured looking like pals who have just done 2 lines of coke in the bathroom.
+
+ 
+
+u/dlauer's [Interview on CNBC](https://www.reddit.com/r/Superstonk/comments/o28tm9/udlauers_interview_on_cnbc_june_17_2021/) June 17, 2021
+
+>they really tried to get him sued lmao
+
+>[It felt that way](https://www.reddit.com/r/Superstonk/comments/o28tm9/udlauers_interview_on_cnbc_june_17_2021/h25x5fi?utm_source=share&utm_medium=web2x&context=3). I was a bit stunned, the question was very unprofessional, and just searching for a nasty soundbite to get me sued.
+
+ 
+
+another u/dlauer [interview on CNBC](https://www.reddit.com/r/Superstonk/comments/oy4u4t/udlauer_interview_on_cnbc/)
+
+>[Here](https://www.sec.gov/rules/concept/s70704/citadel04132004.pdf
+) is the SEC Comment letter that was written by Citadel in 2004 that Dave /u/dlauer is referencing which discusses conflicts of interest for payment for order flow, and internalization without meaningful price discovery, etc.
+
+"Citadel Advisors Llc ownership in CCZ / Comcast Holdings Corp., ZONES 2.0% Exchangeable Subor Debentures 11/15/2029
+
+ 
+
+2018-05-14 - Citadel Advisors Llc has filed a 13F-HR/A form disclosing ownership of Comcast Holdings Corp., ZONES 2.0% Exchangeable Subor Debentures 11/15/2029 (US:CCZ) valued at $60,092,000 USD as of 2018-03-31. Citadel Advisors Llc had filed a previous 13F-HR on 2018-02-09 disclosing shares of Comcast Holdings Corp., ZONES 2.0% Exchangeable Subor Debentures 11/15/2029 valued at of $60,608,000 USD. This represents a change in value of -0.85 percent during the quarter."
+
+ 
+
+ 
+
+ 
+
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+2 things: [DIDI IPO](https://www.businesswire.com/news/home/20210630005559/en/DiDi-Announces-Pricing-of-Initial-Public-Offering), and [ROBTHEHOOD IPO](https://www.wsj.com/articles/robinhood-stock-falls-with-early-investors-set-to-sell-shares-11628177971).
+
+ 
+
+DIDI IPO:
+
+>The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 47,520,000 additional ADSs at US$14.00 per ADS.
+
+ 
+
+[Didi Chuxing and SentinelOne raised a combined $5.6 billion in their IPOs last week, resulting in hefty fees for Goldman Sachs and Morgan Stanley.](https://www.cnbc.com/2021/07/04/banks-earn-650-million-in-fees-and-stock-gains-from-ipo-flurry.html) ^^cough **PUMP AND DUMP** ^^cough
+
+ 
+
+[A week after](https://seekingalpha.com/article/4445455-didi-stock-performance-since-ipo), on July 12, DiDi announced that regulators had taken down 25 other related mobile apps owned and operated by the company from app stores as well, in what could be termed as a final blow to the gut. This regulatory crackdown took a toll on DIDI ever since the stock debuted, and the **stock is down more than 30% from its IPO price already.**
+
+
+
+
+>**Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are acting as active joint bookrunners and representatives of the underwriters for the offering. BofA Securities, Inc., Barclays Capital Inc., China Renaissance Securities (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, Citigroup Global Markets Inc., Guotai Junan Securities (Hong Kong) Limited, HSBC Securities (USA) Inc. and UBS Securities LLC are acting as joint bookrunners for the offering. BOCI Asia Limited, BOCOM International Securities Limited, CCB International Capital Limited, CLSA Limited, CMB International Capital Limited, Futu Inc., ICBC International Securities Limited, Mizuho Securities USA LLC and Tiger Brokers (NZ) Limited are acting as co-managers of the offering.**
+
+ 
+
+ 
+
+Any of those names look familiar to you? Did some digging into **Tiger Brokers**, because of Bill Hwang's [Archegos](https://en.wikipedia.org/wiki/Archegos_Capital_Management) connection to a group called the Tiger Cubs. Could they be related? Lets find out.
+
+ 
+
+
+[Tiger Brokers Board of Directors](https://ir.itiger.com/corporate/board-of-directors)
+
+>The company’s founder and CEO, Mr. Wu Tianhua, obtained both bachelor's and master's degrees in computer science and technology from Tsinghua University. Before founding Tiger Brokers, Mr. Wu worked at NetEase’s Youdao for eight years, where he was responsible for core search. Tiger Brokers now counts a team of experienced engineers, technicians and financial personnel from Tencent, Citigroup, Goldman Sachs, Morgan Stanley, Baidu, NetEase, UBS, Interactive Brokers and other world-class companies. 
+
+ 
+
+Lei Fang
+Director
+
+Mr. Lei Fang has served as our director since June 2018. Mr. Fang has served as a vice president of Ningxia Rongke since 2016. Before joining us, he worked as regional sales director at **Guosen Securities Co.**, Ltd.’s Beijing Branch from 2007 to 2011, as well as director of business management center and general manager of Majiapu business department from 2012 to 2015. Mr. Lei Fang received his bachelor’s degree in international business from China Institute of Defense Science and Technology.
+
+ 
+
+[US hedge fund Citadel banned from share trading on Shenzhen account](https://www.scmp.com/business/markets/article/1846104/us-hedge-fund-citadel-banned-share-trading-shanghai-account)
+
+>"We can confirm that while one account managed by **Guosen Futures - Citadel (Shanghai) Trading** - has had its trading on the Shenzhen Exchange suspended, we continue to otherwise operate normally from our offices, and we continue to comply with all local laws and regulations," Citadel said.
+
+ 
+
+Lei Huang
+Director
+
+>Mr. Lei Huang is the Chief Executive Officer of US Tiger Securities, Inc. Prior to joining US Tiger Securities, Mr. Huang was the Chief Executive office of Haitong Securities USA LLC, and also served as Chief Compliance Officer and Operation Manager of CICC US Securities, Inc from 2010 through 2018. Prior to that, Mr. Huang served as a Compliance Officer at Morgan Stanley, Lehman Brothers, and Barclays. Mr. Huang also formerly served as a Regulatory Supervisor at the National Association of Securities Dealers. Mr. Huang holds a Master’s degree in Global Financial Analysis from Bentley University.
+
+ 
+
+[Tiger Brokers Review (2020): Is This Tiger King of Brokerages in Singapore?](https://blog.seedly.sg/tiger-brokers-review/)
+
+The company was founded back in Jun 2014 and is backed by **Interactive Brokers Group Inc (IBKR)**, Xiaomi Inc, the ZhenFund, and Wall Street investment guru Jim Rogers.
+
+[Well, well, well, if it ain't the invisible cu-nt](https://imgur.com/gallery/3PxLAlx)
+____________________________________________________
+
+ 
+
+ 
+
+ 
+
+
+I was going to continue looking into [ROBTHEHOOD'S IPO](https://www.wsj.com/articles/robinhood-stock-falls-with-early-investors-set-to-sell-shares-11628177971), but now, I'm tired. I'll leave you with this:
+
+>Robinhood Stock Drops After News of Early Investors Set to Sell Shares
+**The investing platform won’t receive the proceeds from the sales**
+
+ 
+
+Of course not, that would be to obvious! ^^cough **PUMP AND DUMP** ^^cough
+
+>The filing names more than a dozen shareholders who bought notes that could later be converted to shares ahead of the company’s initial public offering. Among the selling shareholders are **tech private-equity firm Andreessen Horowitz, Iconiq Capital LLC, Greenoaks Capital and Ribbit Capital LP.**
+
+ 
+
+Just looking into [Andreeseen Horowitz](https://a16z.com/about/team/), I found this: 
+
+#Note: Each bullet point is from a different team member.
+
+- Prior to joining Andreessen Horowitz, Kimberly was a consultant at **McKinsey & Company** advising companies on strategy, go-to-market, and operations. She has also spent time at the World Bank in their finance & markets practice, in tech investment banking at Goldman Sachs, and at a journalism non-profit in Bosnia and Herzegovina.
+
+- Daren was a Data Scientist at SVB Capital where he developed and managed a proprietary data and analytics platform. Before that, he completed financial training programs at **Morgan Stanley and State Street.**
+
+- he started her career in consulting at **McKinsey** in San Francisco.
+
+- Prior to joining a16z, he co-founded Frank, a social lending platform that used behavioral economics to make it easy to lend and borrow money with friends and family. He began his career at **McKinsey** & Co, where he was an engagement manager in the TMT practice.
+
+ 
+
+ 
+
+[The firm that built the house of Enron](https://www.theguardian.com/business/2002/mar/24/enron.theobserver)
+
+>**Enron** is the house that McKinsey rebuilt. The brightest minds at the world’s most prestigious consulting firm helped turn the lumbering old-economy gas distribution dinosaur into a new-economy success story envied by every corporation in America. 
+
+ 
+
+##[Goldman is Evil but McKinsey is worse](https://www.nakedcapitalism.com/2021/02/goldman-is-evil-but-mckinsey-is-worse.html)
+
+ 
+
+>It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times.
+
+Guess who used to work at McKinsey? Why it’s your [favorite transportation secretary!](https://www.theatlantic.com/politics/archive/2019/12/pete-buttigieg-mckinsey/603421/)
+
+ 
+
+ 
+
+#”For fifteen thousand years, fraud and short sighted thinking have never, ever worked. Not once. Eventually you get caught, things go south. When the hell did we forget all that? I thought we were better than this, I really did.” -Mark Baum in ‘The Big Short’.
+ 
+
+Dear kenny, banks, [wheres our fucking money?](https://youtu.be/ZomwVcGt0LE) Seriously, [just die already](https://www.reddit.com/r/Superstonk/comments/oupkbn/gamestop_twitter_has_a_message_for_hedge_fcks/). Pull yourself up by those bootstraps. [Maybe you shouldn’t have bought all that avocado toast.](https://youtube.com/shorts/JFQMyxbMkcs?feature=share)
+
+ 
+
+ 
+
+[Let the banks hit the floor!!!!](https://www.youtube.com/watch?v=04F4xlWSFh0)
+For the past several months my instagram has been increasingly growing with people advertising forex trading. They all basically preach the same thing by saying “Escape the 9-5”,  and “do you want to be financially free?”, etc.  Surely this isn’t actually legit right? These people are even offering classes to teach you how to do it (you have to pay them of course).  I don’t know the first thing about investing or trading, but I feel like those that actually know how to trade simply won’t just teach you in like 2 months for $200.  Can somebody give some insight on this? It seems like such a scam and pyramid scheme to me but so many people are doing it I just wanna make sure.
+Hello,
+
+The only ETF that I own is SCHD (360 shares). Should I add something like VTI or VOO? I was thinking about it but they both look so expensive compared to SCHD. Whenever I have money I just put it into SCHD, instead of either of the Vanguard ETFs, because I can get more shares. 
+Thanks!
+No matter how many posts you see here or how many questions you ask. There is only one thing that will make you successful, that is SCREEN TIME. 
+
+Unfortunately there are no shortcuts. Yes, you see many people who have just started found some good luck,but on the other spectrum there are multiples more struggling. 
+
+What may work for others, may or may not work for you.  You need to find your own edge, and the only way of doing that is SCREEN TIME. I cannot stress this enough
+
+Do not envy those who have just started trading and found some luck. You will have to sit in front of those screens for hours, test out indicators, backtest strategies for months, years before your day comes.  But it will come. 
+
+Not sure any of the above is helpful or not but I thought I should share seeing tons of comments, posts regarding new accounts, strategies etc.
+
+TLDR: LOOK AT CHARTS , SCREEN TIME IS THE KEY , NO SHORTCUTS
+This sub is full of advice - some great; some not so great.
+
+Would love to hear your experience, preferably if it wasn't the best advice to follow in hindsight.
+ So always go back to these 4 simple rules:
+
+​
+
+1. The price is academic
+2. It's only a loss if you sell
+3. **Shorts must cover**
+4. Hold until 🚀🚀🚀🚀🚀🚀
+
+Everything else is noise.
+
+I will post this once a day to keep spirits up and heads in the game. If in any way the SHFs were to refuse to cover their positions and the DTCC and SEC allowed this to happen, they would all essentially be screaming to the entire world, -- and the entire world is watching this shitshow under a microscope -- "Fuck you, poor people! We're not letting you get rich! We'll break every rule there is if we have to and there's not a single legal thing anyone can do to stop us!"
+
+That would **PERMANENTLY** and **COMPLETELY** destroy the US stock market. Everyone the world over would immediately sell every share of every stock they own and never put another red cent into it. I don't doubt some of the HFs wouldn't give a fuck about this, since they're rich and only care about themselves, but about the entire US stock market collapsing and never recovering the SEC would definitely care and wouldn't let it happen. Plenty of powerful politicians own stocks and they wouldn't DARE allow Wall Street to bankrupt them.
+
+So in addition to the above four rules, you also only need to remember 2 more things at most: 1) that Ryan Cohen is not going to let his company go out of business and if the HFs refused to cover their short positions, **he would sue them and have plenty of whales backing him.** 
+
+And 2) that DFV just quadrupled down. **If he's still in, we're all still in!**
+Hey all,
+
+I am just trying to figure out what would logistically be the best way to tackle my debt. I have 5 cards that are all around $400 and two cards that are maxed: $3000 & $1400. 
+
+Would it be best to pay everything off at once? Or to pay off the $3000 & $1400 card, help my credit score, and put the rest into savings as a buffer? 
+
+Is this the best use of these funds? Thank you in advance.
+
+EDIT: I don't know why my return is so high. I typically average a return of about $900 or so. I did have many major life changes: I had my son last January, I bought a new car last January, new job, and I moved out last year as well. 
+
+I gross about $700 a paycheck, losing $140 to taxes, each week. take home about $500-$520 a week. 
+
+Thank you for all the responses. I will pay off all my debt & look into why I'm losing so much income to taxes.
+I work in a restaurant in California. I’ve googled CA law and can’t find where these numbers are coming from. 
+
+It’s always been 1.5X in any other job I’ve worked.
+
+Is it possible they are taking into account my TIPS+HOURLY to calculate my hourly, and then hitting me with 1.5X.
+
+Just curious, not a bad problem to have. 
+Thanks
+
+
+EDIT/SOLVED:
+Thanks everyone for their help! This week we had many buyouts which we add a 18% auto gratuity/tip to. Normal weeks my ‘service tips’ are around 200-300. This week they were a little over $1,000 due to two buyouts. I worked 38 hours.
+1000/38=26+15=41 x 1.5(ot) gives me the $62 and hour OT rate for this week.
+Sadly I lost my mom recently and I was too busy and upset to think about the life insurance check. I got 25k and plan on putting most of it into savings and then investing around 2k (friend is giving me tips since he has done it for years). I have never made more than 1k a month and the most I have ever had saved was 3k. How do I not fuck this up
+I know this goes against the feeling in your bones that the dips must be bought. I'm begging please for the love of everything don't buy the dip. The economic signs are looking atrocious.
+
+1. The Fed is still fighting half-century high inflation. Last month saw a slight decline in yearly inflation and this decline was largely due to a decrease in energy/oil prices. Even with this decline I must remind the bulls that prices are **still** **increasing** at over 8% yearly. The core monthly CPI actually **increased** 0.3%.
+2. Russia has severely reduced and outright halted gas flows to many  European countries, who are seeing a massive increase in their  electricity bills to the point of grid overloads, energy rationing and  blackouts. In the UK, it is estimated that individuals see an increase  in their bills from around 1300 pounds in 2021 to 4200 pounds in 2022.  The energy bill is projected to cost twice an individual's monthly salary in 2023(per Trades Union Congress, UK). And Boris Johnson lacks any  incentive or will to do anything about the issue, so this will remain unresolved for the moment. Per Bloomberg, Poland faces a 180% energy spike. Germany power prices have  almost tripled this year. Per Enerdata, Italy's prices have closed to doubled. And the list goes on. All this mind you, with just a few months  to prepare before winter. **ALOT** of European money will exit the markets.
+3. We can look at the jobs numbers. 528,000 jobs were added to the  economy. and the unemployment rate edged down to 3.5 percent, a historic  low for the past half-century. About 170,000 jobs were added according to the household survey.  Interestingly, we actually lost about 71,000 full-time workers and added  around 380,000 part-time jobs. The amount of **multiple job holders**  increased by 92,000. Why would people suddenly need to work multiple jobs? Things are looking rough.I also mentioned we are at a historic low for unemployment. That may sound good, but take a look at the graph below. Every single time unemployment hit historic lows the economy went into a recession. (Recessions are highlighted in grey).
+
+​
+
+![img](hru66bryawi91 "
+")
+
+4.  Consumer Personal Savings is taking and absolute swan dive meaning everyone will be                       .          strapped for cash. The University of Michigan survey expected real income to absolutely                                                           .          plummet. The amount of credit card debt from May to June has shot up by 60% continuing its                  .          upward trend and increased. And the dollar price is going to the moon so there's less money in          .          the economy.
+
+​
+
+[Personal Savings Data](https://preview.redd.it/judrzcuddwi91.png?width=430&format=png&auto=webp&s=12ef498eb4c491a8d94f8d6ec1c3b91cf35d46e1)
+
+[University of Michigan Consumer Survey](https://preview.redd.it/gm9e0h87dwi91.png?width=520&format=png&auto=webp&s=eaf0a3a2f18379587f3955ecc7a23476ef522135)
+
+​
+
+https://preview.redd.it/yu524fdvdwi91.png?width=143&format=png&auto=webp&s=0580d9b106262d2f2c77ab398e39f589f12307f9
+
+[USD Price\(Trade-Weighted\)](https://preview.redd.it/t2crfq9gdwi91.png?width=520&format=png&auto=webp&s=df55d5fc6b48059eb29fc901999ed1178067ccfc)
+
+Folks be careful out there. Many have already lost enough from the many we-know-who collapses. Don't take any risk you don't have to.
+
+My substack article here:[https://sierre.substack.com/p/do-not-buy-the-dip?sd=pf](https://sierre.substack.com/p/do-not-buy-the-dip?sd=pf)
+Tldr: buy hodl DRS -- lock the float and let them sort it out.
+
+They are buying time.
+
+Waiting for the fallout to happen before action is taken.
+
+It's a straight play from 2008, where they didn't do shit until granny realized her life savings went down the drain and she had to find work as a greeter at your local grocery store.
+
+Lots of lip service. Don't believe it?
+
+Rob a bank and get expedited processing to jail.
+
+Get robbed by the bank and hope they turn themselves in with the new DOJ proposal for "voluntary self-disclosure." Great, so just wait for banks to turn themselves in? sounds like a bad joke.
+
+Also, they imposed a 10 year limit on past crimes committed for white collared crime. Sounds perfect, just out of 2008 reach.
+
+Looking at you Bank of America, JP Morgan, and Goldman Sachs -- and the rest of you crooks.
+
+Nothing has changed, 1 year later since DOJ made a public statement.
+
+I'm sure they're still investigating the investigations conducted by Congress, you know the one when DFV had to testify.
+
+Maybe they can review the Fed's financial stability report on Retail traders and meme stocks?
+
+Or how about the SEC meme stock report?
+
+Or perhaps that other, other one with Maxine Waters and the removal of the buy button? Oh gee, guess they need more evidence on evidence about the evidence of market manipulation.
+
+Give me a fucking break. 
+
+All these reports, millions in wasted tax dollars, and still nothing to show.
+
+Call me extremely cynical but the only hope I have left is to lock up everything and I'm not talking about regulators or enforcers goin after bad guys.
+
+I'm talking about Direct Registration System - lock up all the shares 100% and expose all this bullshit. Tomorrow I will revenge buy direct from Computershare 🟣🏴‍☠️
+
+Link to DOJ press release - https://www.justice.gov/opa/speech/deputy-attorney-general-lisa-o-monaco-delivers-remarks-corporate-criminal-enforcement
+
+Link to SEC "meme stock report" - https://www.sec.gov/page/sec-staff-release-gamestop-report
+
+Link to Maxine Waters report - https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409578
+
+Link to Feds financial stability report, pg. 18 - 
+https://www.federalreserve.gov/publications/files/financial-stability-report-20211108.pdf
+We froze the economy in the middle of a bull market.  We forced a global wide retraction of the economy.  We don't know how travel or tourism will ever recover or if it ever will.
+
+The US government itself infused billions of dollars into the economy.  
+
+I work in the wholesale construction and maintenance industry.  We have a pretty good outlook from where we sit on how the economy is operating.  
+
+First of all all predictions are forecasting growth.
+
+Second the supply issues are keeping the economy in check.  People won't spend on commodities when they are priced so high.  Wood, concrete, PVC, Copper are insane right now.  This is making investors act cautiously and conservatively.  
+
+Three that means we're seeing less projects and less risk.  The money people had pre pandemic and the money they gained during the pandemic is sitting there.  
+
+When businesses are over stretched and can't pay bills thats usually the start of a cascade of failures.  
+
+Business A fails, suppliers don't get paid, bank doesn't get paid.  Bank forecloses business.  Suppliers lose business from loss of Business A.   Their suppliers shrink or they fail and this hits manufacturers.  The manufacturers shrink or fail and this affect producers of raw goods.
+
+Right now supply chain can't service Business A.  Manufacturer can't supply supplier and raw material are being backed up.  This is increasing demand and driving prices up.  People don't spend money cause prices are too high,  Money just sits there.  So failures happen but at slower rates dues to the amount of savings.
+
+So we are currently here:
+Manufacturers increasing capacity to solve the log jam and drive prices back down.  Suppliers meet back orders.  Business A completes projects.  Manufacturers expansion has thrown an influx of cash into the economy. A number of ancillary businesses servicing the manufacturer grow.  
+
+Those businesses are hiring
+The manufacturer is hiring
+
+And as business A gets its log jam solved, they too hire because they have money to invest.  More jobs then people.
+
+On the other hand though a lot of people bave been living on government substance.  A lot of people haven't paid rent.  Those rental businessaes have yet to show significant failire.  And it might be because of the billions of dollars infused into the economy.  
+
+So on one side is massive expansion with tons of available job
+
+And on the other a powder keg of foreclosures and people on the streets without jobs.  (just because many jobs are available doesn't mean it's here or they're qualifed)
+Guten Tag to all of you Great Apes across the world! 👋🦍
+
+This was the third day of ridiculously low volume, and our Diamantenhände held strong. The power of apes to HODL is truly astounding - we know what we like, and we like the stock. Reverse-repo participation was down after the end of the quarter, but is still *extremely* high. Today is July 2, and you know what that means! Join apes around the world to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🧱🚀 Buckle Up! 🚀🧱
+***
+
+
+- 🟥 120 minutes in: **$206.55 / 174,30 €**
+- 🟩 115 minutes in: $206.61 / 174,35 €
+- ⬜ 110 minutes in: $206.58 / 174,32 €
+- ⬜ 105 minutes in: $206.58 / 174,32 €
+- 🟩 100 minutes in: $206.58 / 174,32 €
+- 🟥 95 minutes in: $206.55 / 174,30 €
+- 🟥 90 minutes in: $206.58 / 174,32 €
+- 🟩 85 minutes in: $206.70 / 174,43 €
+- 🟩 80 minutes in: $206.67 / 174,40 €
+- 🟩 75 minutes in: $206.50 / 174,25 €
+- ⬜ 70 minutes in: $206.32 / 174,10 €
+- ⬜ 65 minutes in: $206.32 / 174,10 €
+- ⬜ 60 minutes in: $206.32 / 174,10 €
+- ⬜ 55 minutes in: $206.32 / 174,10 €
+- ⬜ 50 minutes in: $206.32 / 174,10 €
+- 🟩 45 minutes in: $206.32 / 174,10 €
+- ⬜ 40 minutes in: $206.20 / 174,00 €
+- ⬜ 35 minutes in: $206.20 / 174,00 €
+- ⬜ 30 minutes in: $206.20 / 174,00 €
+- ⬜ 25 minutes in: $206.20 / 174,00 €
+- ⬜ 20 minutes in: $206.20 / 174,00 €
+- 🟩 15 minutes in: $206.20 / 174,00 €
+- ⬜ 10 minutes in: $205.64 / 173,53 €
+- 🟩 5 minutes in: $205.64 / 173,53 €
+- 🟩 0 minutes in: $205.25 / 173,20 €
+- 🟥 US close price: $204.36 / 172,45 €   *($204.75 / 172,78 € after-hours)*
+
+
+***
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.18505035. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+Many among the Diamantenhände community are concerned about the well-being of the originator of the series, u/DerGurkenraspler. I also am worried, as I have tried to make contact many times and haven't received a direct response. Last weekend, DerGurkenraspler appears to have deleted their Reddit account. While this gives me hope that they are alive and well, it seems to be a certainty that they will not be resuming their role as the originator of the series. I've been serving as guest-host since their unexpected absence began and I intend to continue to post updates, but dearly hope that DerGurkenraspler is well and sincerely thank them for the effort they put into building the worldwide community that lives on.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Guten Morgen to this global band of Apes! 👋🦍
+
+Friday's price action following Thursday's announcement of the proposed stock dividend was the most egregious display of price manipulation by the short hedge funds in quite a long time. Market-wide, such announcements tend to lead to significant upward price movement, such as we saw with the price at open. There is no reason that it should have been any different for GME - those who hold shares were excited by the announcement, and those who are short shares should have every reason to exit their short position ASAP.
+
+However, it also happened to be a date with quite a large number of weekly Call options that were unexpectedly thrust ITM by the price spike, which seems to have forced the SHFs to attack the price down instead of worry about the dividend. While I appreciated the temporary excitement at the boost, I'm far more excited that the SHFs are in such a tough spot right now that that had to extend themselves even further to suppress options instead of scrambling to be the first to close short positions.
+
+It confirms that they are well aware that they will not survive closing their short positions, which means that they also cannot survive a share dividend. The time bomb has been set, and it is likely that enough Apes have DRSed their shares to ensure a Yes vote to set the date it will detonate. There is going to be an incredible amount of FUD and manipulation between now and then, and our best defense will be HODLing shares in our own names at ComputerShare. Our Diamantenhände have the strength to see this through.
+
+Today is Monday, April 4th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$164.18 / 148,56 €**  *(volume: 5314)*
+- 🟥 115 minutes in: $163.80 / 148,20 €  *(volume: 5262)*
+- 🟩 110 minutes in: $163.95 / 148,34 €  *(volume: 5201)*
+- 🟩 105 minutes in: $163.62 / 148,05 €  *(volume: 5143)*
+- 🟩 100 minutes in: $163.56 / 147,99 €  *(volume: 5106)*
+- 🟥 95 minutes in: $162.82 / 147,32 €  *(volume: 4496)*
+- 🟥 90 minutes in: $163.04 / 147,52 €  *(volume: 4345)*
+- 🟥 85 minutes in: $164.11 / 148,49 €  *(volume: 3970)*
+- 🟥 80 minutes in: $166.05 / 150,25 €  *(volume: 3242)*
+- 🟥 75 minutes in: $166.25 / 150,43 €  *(volume: 2883)*
+- 🟩 70 minutes in: $166.59 / 150,73 €  *(volume: 2828)*
+- 🟩 65 minutes in: $166.09 / 150,28 €  *(volume: 2215)*
+- ⬜ 60 minutes in: $166.07 / 150,26 €  *(volume: 2200)*
+- 🟩 55 minutes in: $166.07 / 150,26 €  *(volume: 2193)*
+- 🟥 50 minutes in: $166.04 / 150,24 €  *(volume: 2138)*
+- 🟩 45 minutes in: $166.30 / 150,47 €  *(volume: 1985)*
+- 🟥 40 minutes in: $165.90 / 150,11 €  *(volume: 1936)*
+- 🟩 35 minutes in: $166.38 / 150,54 €  *(volume: 1727)*
+- 🟥 30 minutes in: $166.33 / 150,50 €  *(volume: 1701)*
+- 🟩 25 minutes in: $166.34 / 150,50 €  *(volume: 1614)*
+- 🟩 20 minutes in: $165.79 / 150,00 €  *(volume: 1515)*
+- 🟥 15 minutes in: $165.68 / 149,91 €  *(volume: 1356)*
+- 🟩 10 minutes in: $166.27 / 150,44 €  *(volume: 858)*
+- 🟩 5 minutes in: $166.06 / 150,25 €  *(volume: 679)*
+- 🟩 0 minutes in: $165.23 / 149,50 €  *(volume: 557)*
+- 🟥 US close price: $165.00 / 149,29 €   *($163.50 / 147,94 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1052. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I saw someone had recommended this stock in an earlier thread as risky pick, but looking at the ratios of this stock isnt it crazy to buy it at this levels? 
+
+https://finance.yahoo.com/quote/ZM/
+
+Why does it have such a crazy P/E level?
+ What's going on degenerates & self touchers,
+
+**DogeBonk ($DOBO)** is a completely unruggable, spontaneously formed community token with the most potential to go viral of any meme coin since Shiba. Currently dipping with the rest of the market this is an opportunity to meme the crypto game playa. The 50b prophecy is in full effect.
+
+Here are *recent* happenings.
+
+Just look at what the sexiest degenerate in the world has to say about **$DOBO -** [https://youtu.be/RT0NGH7S4is](https://youtu.be/RT0NGH7S4is)
+
+DOBOs November in review: [https://bonksquad.medium.com/the-journey-of-a-thousand-miles-begins-with-a-single-bonk-dogebonk-november-in-review-7eaba018ccc2](https://bonksquad.medium.com/the-journey-of-a-thousand-miles-begins-with-a-single-bonk-dogebonk-november-in-review-7eaba018ccc2)
+
+From the article: *" How this assortment of crypto standouts has come to know and tweet about DogeBonk while it was under $150 market cap is unknown, but their acknowledgement of the community strengthens the argument that there is a special something with DogeBonk that cannot be artificially replicated. The common sense argument for DogeBonk doubters would be to question whether they have a better understanding of cryptocurrency and society than the resumes of these men."*
+
+**CONTRACT** ***---- 0xAe2DF9F730c54400934c06a17462c41C08a06ED8 ----***
+
+**HOW TO BUY:** [https://docs.dogebonk.com/](https://docs.dogebonk.com/)
+
+**TELEGRAM:** [https://t.me/dogebonk\_community](https://t.me/dogebonk_community)
+
+**Current Highlights:**
+
+* Ads to go up across London for 3 weeks from before XMAS extending to 2022 - Locations and times [https://imgur.com/a/ASi5n1b](https://imgur.com/a/ASi5n1b)
+* Ads in Dubai, Germany, New York, Canada
+* Listed on BKEX Exchange
+* **LLP created** \- will allow listings on mainstream exchanges in a few weeks time\*\*
+* Altruistic stunt to happen
+* Partnership with MLB to change the word "homerun" to "bonkrun" in addition to laser engraving the DOBO logo on every players bat. (ok this one is fake lol)
+* First official 'Bonkscars' to create hype and funny memes - [https://youtu.be/IuBp3waBPHA](https://youtu.be/IuBp3waBPHA)
+* Passionate & involved community
+* DOBO themed BattleBonk game created by a community member [https://battlebonk.xyz/game/index.html](https://battlebonk.xyz/game/index.html)
+* Closing in on **36,000 holders**, most of which added within the last 4 weeks alone
+* Gaining traction on TikTok - **200k videos on TikTok** using the Bonk meme.
+* Youtubers taking even more notice as well - i.e. this one with 23k subs [https://youtu.be/Wx4\_Xz\_oczc](https://youtu.be/Wx4_Xz_oczc)
+* AMA with the Mods - [https://bonksquad.medium.com/r-dogebonk-11-29-21-ama-7cc9eb20cdb2](https://bonksquad.medium.com/r-dogebonk-11-29-21-ama-7cc9eb20cdb2)
+* Most community members are constantly offering their time & special skills
+* Twitter starting to go crazy with bonk memes, hashtags, and videos.
+* Audited, listed on coingeko and coinmarketcap
+
+A bunch of beautiful whales have exited their positions in the last 2 weeks due to the entire market dipping, score! This will continue to snowball, and now is the time to get in.
+
+Become degenerates. Become self touchers. Who needs self help books, not us - BONK.
+
+With loving Bonks,
+
+\-MacTennis <3
+As the title states, and forgive me if I'm missing something completely obvious, but as an employee I have a 401k and a choice of about 20-30 crappy funds to pick from.  If they fire me, I get to transfer all of this money into an IRA and have control over how I invest it.  When I asked if my I could transfer even just some of my 401k into an IRA while employed my request was denied.  Can someone explain why this is the case and is it just something my company (or their plan administrator) does or is it pretty standard?  Thanks!
+Wal-Mart dropped 8% today and I am feeling the urge to buy it. However, the stock is still trading at a P/E of roughtly 28. Based on past P/E ratios, it should probably be trading at a P/E somwhere between 20 - 24.  I think it still has room to fall and it will probably drop again after earnings. 
+
+So I am holding off on buying this "dip." What do you think of Wal-Mart right now?
+I recently conducted a simple DCF model for PayPal with the following inputs: Revenue Growth 11% for the next 5 years. FCFF Margins of 15% which is 3.42% below their historical 6 year average. TEV/EBITDA multiple of 11.80x, assuming $21 billion in EBITDA for FY 2026. Discount Rate of 9.53%. The Output of this calculation was a $178 billion valuation, or $151 per share, with 103% potential upside. I believe these estimates are very conservative but I have a hard time trying to understand why this valuation would be wrong. Would love to hear some of your inputs as to why my valuation is wrong.
+ I did a Discounted Cash Flow valuation of **Apple Inc.** and based on my assumptions of Growth rate & Terminal growth rate its intrinsic value comes at around $**135**. The stock is currently trading at around **$143.**
+
+Here are the assumptions I used for my DCF:-
+
+1. **Growth Rate - 19%** (based on Yahoo Finance Analyst growth estimates [https://finance.yahoo.com/quote/AAPL/analysis?p=AAPL](https://finance.yahoo.com/quote/AAPL/analysis?p=AAPL))
+2. \*\*Terminal value multiple- 15 (\*\*current **EV/FCF multiple is 25** and **EV/EBITDA is 22**)
+3. **Discount rate - 10%** ( I know this is low but my return expectations are around 10-12%)
+
+Financials and Free cash Flow are also taken from Yahoo finance:([**https://finance.yahoo.com/quote/AAPL/financials?p=AAPL**](https://finance.yahoo.com/quote/AAPL/financials?p=AAPL)**)**
+
+**Should I buy or wait for some correction ?**
+
+**P.S.:** I think Apple is fairly valued in the current market compared to other FAANG stocks which are hugely overvalued.
+When you just look at the PE of 50, you may think it’s way overvalued, but majority of that has to do with supply chain issues. The Forward PE is 20 which is much more attractive, however that doesn’t tell the full story. With investments into e-commerce and specifically their plan to lower fees, I seriously think WMT is a contender. With their margins being so low, successfully entering as a player in the e-commerce space can completely change the company and future IMO.
+I've been on the value-investing wagon for about 4 years now, and my current portfolio is:
+
+MSFT - 11%
+
+GOOG - 17%
+
+META - 24%
+
+QCOM - 13%
+
+AMAT - 23%
+
+MU - 12%
+
+I'm willing to answer any questions you might have as well on my selections.
+ 
+
+I recently started to dip my toes into whatever tasty trades video I find that discusses futures options after trading strangles on cheap ETFs for about 6 months now. Trading the tastytrade method (1 SD) making great profits meanwhile.
+
+They all discuss the differences between equity options and futures options in terms of capital efficiency.
+
+My question is what is the catch ?
+
+If futures options are more capital efficient when comparing say SPX options vs. /MES options ... What is the trade off ?  
+They discuss leverage being a trade off but what does that mean ? ... SPX and /MES options both provide leverage over the index itself.
+- Full time real estate investors, what's your annual ROI? (total, including appreciation and everything)
+
+- When did you start?
+
+- Feel free to elaborate on your journey
+
+I ask because nobody really shares this number on the internet. At least in my experience
+I currently own a unit in a 12 unit condo building in Chicago and the news came out today  that they are building this [CASINO](https://blockclubchicago.org/2022/05/05/chicago-casino-will-be-ballys-in-river-west-at-former-tribune-publishing-plant-lightfoot-announces/) about a block away from me.  Like, I can literally see this space from my window. 
+
+While it's not just a casino and will offer additional amenities, riverfront access and improved infrastructure (hopefully).   Honestly, the current site is a huge eye sore, waste of space but I'm concerned about the impact the casino will have on my property value and overall quality of life.
+
+Not sure if any type of similar scenarios have played out like this before but if you were in my shoes what would you do?  
+
+Try to sell right away?  
+
+Hold to see if the value will increase?  
+
+Hold to make a short term rental or long term rental? HOA currently allows both
+
+Carry on and not care? 
+
+Appreciate any input here- TIA!
+My manager has announced that she will be going on maternity leave in a couple of months. As I am the next senior person in the team, it's possible that I will be asked to take on her role while she's away (probably for around 6-9 months as she isn't planning on taking the whole year off). If I am offered the role, I was thinking about asking for a pay rise as I would effectively be the team manager. Am I entitled to do so seeing as it would only be for a few months? If I do ask and it is approved, what would I expect to happen to my pay when she returns, and I (presumably) return to my normal role?
+In the dark days after the sneeze no one really knew what the hell was going on. It didn't seem like shorts could possibly have covered, but how could the price action we'd seen possibly happen, what could explain it staying elevated? People used to believe RRP had to do with the government propping up SHF's margin because of their GME positions, we used to have no freaking idea when or why the stock might move at all, every run & dip was a total surprise.
+
+Even the people posting ridiculous silly ideas weren't berated & censored. People in the community encouraged each other \*not\* to constantly call out shills because it's a shill tactic to pile onto sentiment & drive division by constantly lobbing accusations, there was more of a sentiment of debunk it if you can and/or just downvote & move on. Great DD's were propagated through all the noise. And I don't remember anyone ever using the word "monetization" to mean 'won't turn down donations'.
+
+​
+
+I want to be exposed to theories about what is driving the price action of my investment. I know it's not just apes buying & selling moving the price every day, there's other much bigger factors at play that are intentionally obscured from GME investors. I want to understand any evidence-backed hypothesis about it so I can understand the odds of me getting rich off my small number of shares at any given time/within a certain timeframe. I do not understand the witch hunt activity that's been going on in here. The absolute hatred I have at times seen towards people who are very obviously putting a lot of time into trying to answer the same questions I have (and who frequently share their supporting data) is one of the most disheartening things I've witnessed in these past 13mos.
+
+Having the sub be basically dedicated to reposting tweets, promoting DRS, and claiming 'everything's rigged, analysis of the stock is pointless' is, to me, a complete waste of time and a radical departure from the prevailing sentiment that brought together all these investors. If you really believe that then just be as zen as you claim, set price alerts, and walk away until we're launching off. If you want to understand what the hell is driving the price action every day, and how to maybe even make some money off your investment while waiting for MOASS, then I'd love to know where I can join you. 
+
+Edit: if you could really understand how the SHFs are doing what they're doing, you'd be 100% zen. Any lack of zen in your attitude comes from Fear, Uncertainty, and Doubt. Any need for constant hype is your own fud born of our ignorance. If you can't hear other ideas without becoming upset about it then you aren't at peace with your investment decision, and if you aren't at peace with it it's because of the FUD within yourself. Knowledge & understanding can cure that.
+5 months ago, I posted that I will start trading with $1000 and grow it to $50,000 in 1 year. And I promised to update you with the results. 5 months have passed and I managed to grow my account by 920%. I shared the link to myfxbook account below. It's still growing slowly but I hope it takes off soon. I also don't want to lose what I've got, so I'm not risking like I used to at the beginning. I also would like to hear your opinion about how much I should aim for to stay safe and profitable. Happy Labor Day and may the pips be with you!
+
+https://www.myfxbook.com/members/anyteaa/anyteaa/2848668
+THIS IS THE SECOND PART, SEE PART ONE HERE: [https://www.reddit.com/r/Superstonk/comments/n1vubv/stonky\_news\_special\_report\_dr\_susanne\_trimbath/](https://www.reddit.com/r/Superstonk/comments/n1vubv/stonky_news_special_report_dr_susanne_trimbath/)
+
+[ Dr. Susanne Trimbath AMA Transcription. Summaries, supporting materials, punctuation and memes brought to you by u\/Bye\_Triangle, u\/Luridess, u\/Leaglese & u\/Cuttingwater\_ ](https://preview.redd.it/2778p79gwbw61.jpg?width=1432&format=pjpg&auto=webp&s=dbad9f8f2cc6a3d586134f52aa33197ce7b084e1)
+
+**THE EVIDENCE**
+
+* Atobitt
+   * So, right there at the top more than ⅓ of companies receive more votes than shares that are outstanding.
+   * That is direct evidence of what we are talking about here. Now I want to really drill into the FTDs.
+   * The ‘open positions due' to the NSCC, and these are quotes from your book, 3.4 billion open positions due to the NSCC, open position to ***buy*** participants with the NSCC was 2.45 billion, that results in open total fails 5.8 billion in 2005 or?
+* Dr. T
+   * 2000? or something like that
+* Atobitt
+   * 2005 or 2007 or something? Something like that and from that, I pulled the same report 2019-2020, 2020’s total and they’ve thrown this euphemism on there now it is no longer fails it is ‘open positions for which a trade guarantee is applied’
+* Dr. T
+   * Right, there is only that when there is a fail, as otherwise, it’s just due next week or…
+* Atobitt
+   * Would you be surprised to know that your $5bn figure in 2005, basically pre-financial crises figure of 08, has turned into a $183bn figure?
+* Dr. T
+   * Not really, but keep in mind part of that is there are more issues being traded in, there are… there are more types of issues since 2005-2006 NSCC has added ETFs, mutual funds, they’ve got some bonds through there so there is more activity, more numbers to settle that's certainly true so that’s why when you use those figures in HOC or everything short, to put a denominator on there
+* Atobitt
+   * There’s that distinction, yes
+* Dr. T
+   * It’s a multiple something, a fraction of something, so when I look at the $183bn open positions, I want to go look at the Clearing Fund, because if that $183bn doesn’t show up, it’s the Clearing Fund that NSCC would draw on to cover that.
+   * So that’s, for me, that’s the denominator. Like I said a multiple or fraction, in the 03, 04, 05 if there were 40x if the FTDs were 40x the Clearing Fund if those fails really fail there is no way …
+* Atobitt
+   * It’d be game over, *game over*.
+
+**TL:DR 🦍 Summary:**
+
+* The direct evidence of naked shorting exists and remains today in that over ⅓ of companies receive more votes than are actually outstanding.
+* FTDs have been classified in a new way, ‘open positions for which a trade guarantee is applied’ and on Atobitt pulling the same report Dr. T did at the time of her book, the problem has risen from a $4bn problem *to a $183bn* ***issue***.
+* Dr. T explains she is not surprised the problem has grown to this extent, owing to the advent of ETFs, Mutual Funds, and increased trading, etc…
+* Dr. T warns all apes that you need context, like a denominator (her example, the Clearing Fund) in order to contextualize and understand your DD and appreciate the bigger picture.
+
+**GET OUT OF JAIL FREE**
+
+* Atobitt
+   * We’re gonna talk a little bit more about these DTC proposals that have come out, I really wanna pick your brain on those.
+   * Yeah, that jump from to $184 billion was up $40bn alone from 2019, to your point about the Clearing Fund. Another point you illustrated in your book, was keeping the ratio or the volume of stock that’s being traded on the NYSE, and as a comparison showing, we have a volume increase for a period between ‘99 to ‘03 and ‘03 to ‘06, 3 years to 3 years, the volume of **total** trades increased by about 29%, ***for the same time frame, a 95% in FTD***
+* Dr. T
+   * So, I never met a number I didn’t like. Let me get a bit more math-y with you, so when reporters would go to DTC and say hey, why is the volume the value of fails gone from $5bn to $183bn?
+   * “We do more trades.” “Trade values are rising.” Bought as a percentage of transactions, processes still are a fraction of 1% but what I’m looking at is what is that change across time?
+   * So, if trade volume is the deal so fails are going up, then the change in trade volume should parallel this somehow, but it’s just not there
+* Atobitt
+   * It’s just not there. To the point that you just brought up about that clearing fund, to the people that have been following my posts and your book talked about FTDs jumping like 1000% or 100% I also noticed these liabilities and assets going up, Citadel was somebody hard not to ignore in Citadel Has No Clothes, I don’t think you actually reviewed that, but the point I’m trying to make is that asset side, or liabilities side has jumped 100% the assets are held by the DTC who are supposed to cover those.
+   * Also looking at the Clearing Fund balance of the NSCC, we have another 100% jump so in 2019 we had a Clearing Fund balance of $4bn but the 2015 Clearing Fund balance is just under $13bn and there was a 119% jump from 2019-2020 alone.
+   * So we talked about the amount being held to cover these shorts, and they say well we will have fewer failures if we just have a bigger deposit account.
+* Dr. T
+   * Well, there’s a relationship between the two now right so in, so in the comment leading up to the 2008 financial crisis, um I um, made the points in several places that what we just talked about, the Clearing Fund was a fraction of the fails right, that the risk in the system was enormous, to know that was, you know, because that’s, you know they are too big to fail, status, right?
+   * Okay so after that
+* Atobitt
+   * The get-out-of-jail free card right?
+* Dr. T
+   * Right, so probably in, I’ve forgotten the year as I said, so probably 09 2010, something like that, prior to that there was no calculation for the Clearing Fund that included fails.
+   * So it was a big foreign activity, the more trades you did, the bigger your end-of-day settlement, the more you had to put into your fund. That’s how the participants all put in different amounts based on what their activity is.
+
+**TL:DR 🦍 Summary:**
+
+* In 2005, FTDs and naked short selling resulted in a (*relatively if you read on*) small $4bn problem. Now, the problem sits at $183bn, with a jump of over $40bn from just 2019-2020 *alone*.
+* Whilst stocks traded from 1999 to today’s date have increased by 23%, ***failures to deliver have grown by 95%***.
+* Dr.T is not surprised owing to the increase in trades, ETFs, and mutual funds, and notwithstanding this, the number of trades and the Clearing Fund didn’t rise at the same rate as the FTDs as the potential loss.
+* Atobitt’s theory is they just want to have more cash on account to cover the fails, and Dr. T clarifies that the Clearing Fund just is not enough as it wasn't in the 2008 financial crisis.
+* Overall, Dr.T and Atobitt agree the players think they have ‘too big to fail' status to obtain a get-out-of-jail-free card.
+* Dr.T also states the Clearing Fund used to be based on your activity in the market, but the recent changes do not reflect that.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**PUTTING THE** ***FAIL*** **IN FAILURE TO DELIVER**
+
+* Dr.T
+   * The fails were not calculated in there until *after* the financial crises and then finally at that point it was included in there so as the fails rise, now the Clearing Fund should be going up with it and coming down with it.
+   * I think it (*edit: the Clearing Fund*) is still short, I don’t think I’m, it’s definitely not bigger than the fails
+   * It’s not as far apart but again you have to look at this across time like what are the changes and then one thing that as I read HOC and Everything Short; you’re looking at those financial statements that’s where all the good stuff is
+* Atobitt
+   * Yeah
+* Dr.T
+   * That’s what if you want information about those NSCC fails, that’s where it is
+* Atobitt
+   * One sentence can change your entire interpretation of what you just read on the previous page.
+* Dr.T
+   * Right, exactly and then the other thing is that DTCC and all of its subsidiaries are self-regulatory organizations which means they are regulated by the SEC.
+   * Therefore, all of their rule changes, price increases, everything that they do has to be submitted to the SEC subject to public review, open for comment, I haven’t worked DTC since 1993 and the way I keep my knowledge updated is by watching their rule changes and watching, I mean,
+   * I look at their financial statements, they have continued to put less and less of what you really wanted to know and you know that reminds me of that old Paul Simon song, you know Make a New Plan Stan.
+   * As soon as you shine a light on something that you see that’s not right the cockroaches run from the kitchen, right?
+* Atobitt
+   * Right…. Right
+* Dr. T
+   * So, you talk about rehypothecation, the problem is really resubmit, reprice, right? And each time a failure occurs, it gets resubmitted for the next day’s settlement as opposed to being *called out.*
+   * And if it were called out you could start to really see those numbers come down
+
+**TL:DR 🦍 Summary:** Fails to deliver were not properly calculated until *after* the 2008 crisis. Dr. T expected the Clearing Fund to rise when failures were introduced, but she still feels it is *too short* (ironic no?).
+
+* The DTCC and its subsidiaries are *self-regulated* and are therefore only beholden to the SEC and public review (hence rule changes anyone?)
+* When the rule changes occur, the cockroaches appear.
+* If fails and naked shorts were called out in the open, Dr. T predicts the numbers of both would drastically decrease.
+
+​
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**NEW RULES, AND HOW WE MAKE A DIFFERENCE**
+
+* Atobitt
+   * I want to jump into recent proposals with DTC, we can spend a couple of minutes talking about this and what the implications are
+   * 003 filing - instead of doing this monthly reconciliation we’ll do it daily to make sure that you’re not getting too out of hand
+* Dr. T
+   * That’s a minor technical point
+   * because every participant receives
+      * their settlement statement, an early one and then a final one;
+      * a position report and I say report because I’m old-school and it used to be paper, but now they go online and get one terminally \[electronically?\]
+   * when they become DTC members they agree that they are responsible every day for letting DTC and NSCC know if something is off
+   * And, if DTC or NSCC think something is off, they have 3 days to fix it.
+   * Once a month or quarter they have to physically sign a paper to say “yes we really looked at it”
+   * To say it went from monthly to daily is a technical correction because they were always responsible to do it daily
+* Atobitt
+   * 801 ruling? The one that says if we find out your funds are not as up to date as it needs to be we can require you to update that deposit within one hour.
+* Dr. T
+   * someone on the AMA asked a question-- if Reddit users are making a difference.
+   * **I think this \[801\] is clear evidence that it is.**
+   * **When you’re really calling attention to a problem and you’re starting to see rule changes coming out from DTC and subsidiaries, that’s evidence of an impact.**
+   * Because they’re looking at it and saying:
+      * “You know what? Maybe we need to check this fails balance more often because once a month wasn’t enough, maybe we should do this every day because look at Gamestop-- not only the dollar value but also the number of shares exploded.”
+   * Their risk can become-- can rapidly grow very quickly
+   * One other thing I want to mention is the [CSDR (Central Securities Depository Regulations), regulations in Europe](https://www.esma.europa.eu/regulation/post-trading/settlement)
+   * if you look at the website and search “CSD regulation”, you’ll find this information on their website:
+      * This regulation was supposed to go in 2019
+      * then delayed it to 2020
+      * then pandemic hit and it’s 2021, so they pushed it back to 2022
+   * Basically, it says:
+      * YOU MAY NOT FAIL.
+      * If you fail, it’s mandatory that the buyer can go into the market, get the shares, replace what you failed to deliver FTD and charge you the difference.
+
+**TL:DR 🦍 Summary:**
+
+* Dr. T thinks that the difference apes are making is clear when you look at the DTCC and its subsidiaries.
+* We actually have them taking action, to combat the issues we are talking about.
+* Making rules changes acknowledges the problem, and acknowledgment is the first step to solving it.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**HOW THE EURO-APES SAVE THE DAY**
+
+* Atobitt
+   * Which is what the rule removed back in the day-- where they removed that mandatory buy-in rule within the US, correct?
+* Dr. T
+   * no, it was always voluntary in the US
+* Atobitt
+   * Oh, good to know.
+* Dr. T
+   * There were some circumstances where this rule was mandatory.
+   * But they’re going to make this mandatory in Europe: yes if the buy-in fails the depository will reverse the trade
+   * That’s putting pressure on all the DTCC members in all categories because if they have to comply in Europe, they pretty much have to comply here too.
+* Atobitt:
+   * Yea, it’s hard to maintain two separate books there
+* Dr. T:
+   * Right-- watching this much more closely, there’s so much more going on.
+
+**TL:DR 🦍 Summary:**
+
+* Dr.T also speculated that legislation in the EU has the potential to be a driving force for further systemic change.
+* The reason the EU legislation may be a driving force is that they seek to pass legislation to force buy-ins for failures to deliver.
+* If it takes effect in Europe, it could ripple across the pond.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**FOR NOW, IT’S GOODBYE**
+
+* Dr. T:
+   * I’m just so grateful for the encouragement that I’ve received from the r/Superstonk people
+   * I mean, it’s just been-- it’s what keeps me going
+* Atobitt:
+   * I’m glad to hear you say that
+* Dr. T:
+   * Not the outcomes, because the “what can we do next” is always hard
+   * Because it’s very specific
+   * and it’s not just one thing that can be fixed that’s going to create the BRAND NEW WORLD
+   * There are lots and lots of things that need to be changed, and each time you call attention to one problem, you know the dark pools arise
+   * so there’s always this phantom \[---\]
+* Atobitt:
+   * The big picture is beautiful
+* Dr. T
+   * \---hide it away, right?
+   * So we can talk about doing another AMA
+* Atobitt:
+   * I was actually going to ask you - it’s a really good transition.
+   * We could go through some solutions, but honestly, if we have some opportunity to do this again.
+   * I wanted to wrap up my end of this by saying:
+      * I’m sorry you were never able to get to this level.
+      * But now we have a quarter of a million people that are starting to beg and demand answers
+      * And that pitchfork army that you wanted to desperately is here
+   * And my question to you is: would you be open to working, at your own time, and being able to review different posts that might be submitted to you?
+   * We could work on House of Cards 2 and really start to get this stuff ironed out and get the people the tools that they need in order to get this stuff pushed in and get this taken care of
+* Dr.  T:
+   * Yeah, and u/StonkU2 have a way to send docs to me and point me to the DDs and the god-level DDs?
+* Atobitt:
+   * Due Diligence
+* Dr. T:
+   * Due Diligence, deep Dives
+* Atobitt:
+   * Yup. You learn.
+* Dr. T:
+   * I have trouble, I’m learning-- yes I’m definitely beginning to read hieroglyphics
+   * And just going on the site and finding things out
+   * It’s a bit confusing but anyway-- Yes I’m happy to do that as time allows
+   * and also you know there’s quite a lot of information in Naked Short and Greedy, thank you for mentioning that
+   * But the other book, [Lessons Not Learned](https://www.amazon.ca/Lessons-Not-Learned-Financial-Markets/dp/1910151238)
+* Atobitt:
+   * I also have that too. Looking forward to reading that one.
+* Dr.  T:
+   * So that’s for the techies right.
+   * If you’re a technical analyst, if you want to look at laws, rules, regulations, the history of how many times have we, you know, bailed out banks and brokers
+   * All that’s in there (Lessons not Learned)
+   * But Naked Short and Greedy is a narrative, so I wanted to write and establish more storytelling
+   * But if you want that deeper dive, the other book would be helpful to people
+* Atobitt:
+   * I’m going to keep you open
+   * I’m going to be in contact with you to do that
+* Dr. T:
+   * You do that, yea.
+* Atobitt:
+   * Oh by the way, FYI you’ve officially been dubbed the “Jane Goodall” of the ape troop now
+   * Thank you very much
+* Dr. T:
+   * Someone called me “Queen Kong” of the Apes
+* Atobitt:
+   * Get used to it-- you’re gonna have a lot of names like that
+   * So Dr. T, thank you again so much
+   * I mean, wow, we just blew through that
+   * That was a lot of info in an hour
+   * I appreciate your time
+* Dr. T:
+   * That’s why the book is so thick
+* Atobitt:
+   * Well, I appreciate you so much. Thank you very much.
+   * And thank you everyone for tuning in.
+   * Look forward to the follow-up coming out-- shouldn’t be too long and we’ll be in touch, have a great day
+* Dr. T:
+   * Thanks, you too. Bye-bye.
+
+**TL:DR 🦍 Summary:** We love Dr. T, Queen Kong
+
+​
+
+[ credit: u\/Crazy-Ad-7869 ](https://preview.redd.it/s1ewd4aqrbw61.jpg?width=500&format=pjpg&auto=webp&s=5f7b03394cbe22fe8de9feb24e5e8e742c3dd60a)
+
+One final thank you here at the end, this one goes out to all the mods that helped put this together:[https://www.reddit.com/r/Superstonk/comments/n1kjaa/official\_mod\_appreciation\_video\_for\_dr\_t\_aka/](https://www.reddit.com/r/Superstonk/comments/n1kjaa/official_mod_appreciation_video_for_dr_t_aka/)
+THIS IS THE SECOND PART, SEE PART ONE HERE: [https://www.reddit.com/r/Superstonk/comments/n1vubv/stonky\_news\_special\_report\_dr\_susanne\_trimbath/](https://www.reddit.com/r/Superstonk/comments/n1vubv/stonky_news_special_report_dr_susanne_trimbath/)
+
+[ Dr. Susanne Trimbath AMA Transcription. Summaries, supporting materials, punctuation and memes brought to you by u\/Bye\_Triangle, u\/Luridess, u\/Leaglese & u\/Cuttingwater\_ ](https://preview.redd.it/2778p79gwbw61.jpg?width=1432&format=pjpg&auto=webp&s=dbad9f8f2cc6a3d586134f52aa33197ce7b084e1)
+
+**THE EVIDENCE**
+
+* Atobitt
+   * So, right there at the top more than ⅓ of companies receive more votes than shares that are outstanding.
+   * That is direct evidence of what we are talking about here. Now I want to really drill into the FTDs.
+   * The ‘open positions due' to the NSCC, and these are quotes from your book, 3.4 billion open positions due to the NSCC, open position to ***buy*** participants with the NSCC was 2.45 billion, that results in open total fails 5.8 billion in 2005 or?
+* Dr. T
+   * 2000? or something like that
+* Atobitt
+   * 2005 or 2007 or something? Something like that and from that, I pulled the same report 2019-2020, 2020’s total and they’ve thrown this euphemism on there now it is no longer fails it is ‘open positions for which a trade guarantee is applied’
+* Dr. T
+   * Right, there is only that when there is a fail, as otherwise, it’s just due next week or…
+* Atobitt
+   * Would you be surprised to know that your $5bn figure in 2005, basically pre-financial crises figure of 08, has turned into a $183bn figure?
+* Dr. T
+   * Not really, but keep in mind part of that is there are more issues being traded in, there are… there are more types of issues since 2005-2006 NSCC has added ETFs, mutual funds, they’ve got some bonds through there so there is more activity, more numbers to settle that's certainly true so that’s why when you use those figures in HOC or everything short, to put a denominator on there
+* Atobitt
+   * There’s that distinction, yes
+* Dr. T
+   * It’s a multiple something, a fraction of something, so when I look at the $183bn open positions, I want to go look at the Clearing Fund, because if that $183bn doesn’t show up, it’s the Clearing Fund that NSCC would draw on to cover that.
+   * So that’s, for me, that’s the denominator. Like I said a multiple or fraction, in the 03, 04, 05 if there were 40x if the FTDs were 40x the Clearing Fund if those fails really fail there is no way …
+* Atobitt
+   * It’d be game over, *game over*.
+
+**TL:DR 🦍 Summary:**
+
+* The direct evidence of naked shorting exists and remains today in that over ⅓ of companies receive more votes than are actually outstanding.
+* FTDs have been classified in a new way, ‘open positions for which a trade guarantee is applied’ and on Atobitt pulling the same report Dr. T did at the time of her book, the problem has risen from a $4bn problem *to a $183bn* ***issue***.
+* Dr. T explains she is not surprised the problem has grown to this extent, owing to the advent of ETFs, Mutual Funds, and increased trading, etc…
+* Dr. T warns all apes that you need context, like a denominator (her example, the Clearing Fund) in order to contextualize and understand your DD and appreciate the bigger picture.
+
+**GET OUT OF JAIL FREE**
+
+* Atobitt
+   * We’re gonna talk a little bit more about these DTC proposals that have come out, I really wanna pick your brain on those.
+   * Yeah, that jump from to $184 billion was up $40bn alone from 2019, to your point about the Clearing Fund. Another point you illustrated in your book, was keeping the ratio or the volume of stock that’s being traded on the NYSE, and as a comparison showing, we have a volume increase for a period between ‘99 to ‘03 and ‘03 to ‘06, 3 years to 3 years, the volume of **total** trades increased by about 29%, ***for the same time frame, a 95% in FTD***
+* Dr. T
+   * So, I never met a number I didn’t like. Let me get a bit more math-y with you, so when reporters would go to DTC and say hey, why is the volume the value of fails gone from $5bn to $183bn?
+   * “We do more trades.” “Trade values are rising.” Bought as a percentage of transactions, processes still are a fraction of 1% but what I’m looking at is what is that change across time?
+   * So, if trade volume is the deal so fails are going up, then the change in trade volume should parallel this somehow, but it’s just not there
+* Atobitt
+   * It’s just not there. To the point that you just brought up about that clearing fund, to the people that have been following my posts and your book talked about FTDs jumping like 1000% or 100% I also noticed these liabilities and assets going up, Citadel was somebody hard not to ignore in Citadel Has No Clothes, I don’t think you actually reviewed that, but the point I’m trying to make is that asset side, or liabilities side has jumped 100% the assets are held by the DTC who are supposed to cover those.
+   * Also looking at the Clearing Fund balance of the NSCC, we have another 100% jump so in 2019 we had a Clearing Fund balance of $4bn but the 2015 Clearing Fund balance is just under $13bn and there was a 119% jump from 2019-2020 alone.
+   * So we talked about the amount being held to cover these shorts, and they say well we will have fewer failures if we just have a bigger deposit account.
+* Dr. T
+   * Well, there’s a relationship between the two now right so in, so in the comment leading up to the 2008 financial crisis, um I um, made the points in several places that what we just talked about, the Clearing Fund was a fraction of the fails right, that the risk in the system was enormous, to know that was, you know, because that’s, you know they are too big to fail, status, right?
+   * Okay so after that
+* Atobitt
+   * The get-out-of-jail free card right?
+* Dr. T
+   * Right, so probably in, I’ve forgotten the year as I said, so probably 09 2010, something like that, prior to that there was no calculation for the Clearing Fund that included fails.
+   * So it was a big foreign activity, the more trades you did, the bigger your end-of-day settlement, the more you had to put into your fund. That’s how the participants all put in different amounts based on what their activity is.
+
+**TL:DR 🦍 Summary:**
+
+* In 2005, FTDs and naked short selling resulted in a (*relatively if you read on*) small $4bn problem. Now, the problem sits at $183bn, with a jump of over $40bn from just 2019-2020 *alone*.
+* Whilst stocks traded from 1999 to today’s date have increased by 23%, ***failures to deliver have grown by 95%***.
+* Dr.T is not surprised owing to the increase in trades, ETFs, and mutual funds, and notwithstanding this, the number of trades and the Clearing Fund didn’t rise at the same rate as the FTDs as the potential loss.
+* Atobitt’s theory is they just want to have more cash on account to cover the fails, and Dr. T clarifies that the Clearing Fund just is not enough as it wasn't in the 2008 financial crisis.
+* Overall, Dr.T and Atobitt agree the players think they have ‘too big to fail' status to obtain a get-out-of-jail-free card.
+* Dr.T also states the Clearing Fund used to be based on your activity in the market, but the recent changes do not reflect that.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**PUTTING THE** ***FAIL*** **IN FAILURE TO DELIVER**
+
+* Dr.T
+   * The fails were not calculated in there until *after* the financial crises and then finally at that point it was included in there so as the fails rise, now the Clearing Fund should be going up with it and coming down with it.
+   * I think it (*edit: the Clearing Fund*) is still short, I don’t think I’m, it’s definitely not bigger than the fails
+   * It’s not as far apart but again you have to look at this across time like what are the changes and then one thing that as I read HOC and Everything Short; you’re looking at those financial statements that’s where all the good stuff is
+* Atobitt
+   * Yeah
+* Dr.T
+   * That’s what if you want information about those NSCC fails, that’s where it is
+* Atobitt
+   * One sentence can change your entire interpretation of what you just read on the previous page.
+* Dr.T
+   * Right, exactly and then the other thing is that DTCC and all of its subsidiaries are self-regulatory organizations which means they are regulated by the SEC.
+   * Therefore, all of their rule changes, price increases, everything that they do has to be submitted to the SEC subject to public review, open for comment, I haven’t worked DTC since 1993 and the way I keep my knowledge updated is by watching their rule changes and watching, I mean,
+   * I look at their financial statements, they have continued to put less and less of what you really wanted to know and you know that reminds me of that old Paul Simon song, you know Make a New Plan Stan.
+   * As soon as you shine a light on something that you see that’s not right the cockroaches run from the kitchen, right?
+* Atobitt
+   * Right…. Right
+* Dr. T
+   * So, you talk about rehypothecation, the problem is really resubmit, reprice, right? And each time a failure occurs, it gets resubmitted for the next day’s settlement as opposed to being *called out.*
+   * And if it were called out you could start to really see those numbers come down
+
+**TL:DR 🦍 Summary:** Fails to deliver were not properly calculated until *after* the 2008 crisis. Dr. T expected the Clearing Fund to rise when failures were introduced, but she still feels it is *too short* (ironic no?).
+
+* The DTCC and its subsidiaries are *self-regulated* and are therefore only beholden to the SEC and public review (hence rule changes anyone?)
+* When the rule changes occur, the cockroaches appear.
+* If fails and naked shorts were called out in the open, Dr. T predicts the numbers of both would drastically decrease.
+
+​
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**NEW RULES, AND HOW WE MAKE A DIFFERENCE**
+
+* Atobitt
+   * I want to jump into recent proposals with DTC, we can spend a couple of minutes talking about this and what the implications are
+   * 003 filing - instead of doing this monthly reconciliation we’ll do it daily to make sure that you’re not getting too out of hand
+* Dr. T
+   * That’s a minor technical point
+   * because every participant receives
+      * their settlement statement, an early one and then a final one;
+      * a position report and I say report because I’m old-school and it used to be paper, but now they go online and get one terminally \[electronically?\]
+   * when they become DTC members they agree that they are responsible every day for letting DTC and NSCC know if something is off
+   * And, if DTC or NSCC think something is off, they have 3 days to fix it.
+   * Once a month or quarter they have to physically sign a paper to say “yes we really looked at it”
+   * To say it went from monthly to daily is a technical correction because they were always responsible to do it daily
+* Atobitt
+   * 801 ruling? The one that says if we find out your funds are not as up to date as it needs to be we can require you to update that deposit within one hour.
+* Dr. T
+   * someone on the AMA asked a question-- if Reddit users are making a difference.
+   * **I think this \[801\] is clear evidence that it is.**
+   * **When you’re really calling attention to a problem and you’re starting to see rule changes coming out from DTC and subsidiaries, that’s evidence of an impact.**
+   * Because they’re looking at it and saying:
+      * “You know what? Maybe we need to check this fails balance more often because once a month wasn’t enough, maybe we should do this every day because look at Gamestop-- not only the dollar value but also the number of shares exploded.”
+   * Their risk can become-- can rapidly grow very quickly
+   * One other thing I want to mention is the [CSDR (Central Securities Depository Regulations), regulations in Europe](https://www.esma.europa.eu/regulation/post-trading/settlement)
+   * if you look at the website and search “CSD regulation”, you’ll find this information on their website:
+      * This regulation was supposed to go in 2019
+      * then delayed it to 2020
+      * then pandemic hit and it’s 2021, so they pushed it back to 2022
+   * Basically, it says:
+      * YOU MAY NOT FAIL.
+      * If you fail, it’s mandatory that the buyer can go into the market, get the shares, replace what you failed to deliver FTD and charge you the difference.
+
+**TL:DR 🦍 Summary:**
+
+* Dr. T thinks that the difference apes are making is clear when you look at the DTCC and its subsidiaries.
+* We actually have them taking action, to combat the issues we are talking about.
+* Making rules changes acknowledges the problem, and acknowledgment is the first step to solving it.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**HOW THE EURO-APES SAVE THE DAY**
+
+* Atobitt
+   * Which is what the rule removed back in the day-- where they removed that mandatory buy-in rule within the US, correct?
+* Dr. T
+   * no, it was always voluntary in the US
+* Atobitt
+   * Oh, good to know.
+* Dr. T
+   * There were some circumstances where this rule was mandatory.
+   * But they’re going to make this mandatory in Europe: yes if the buy-in fails the depository will reverse the trade
+   * That’s putting pressure on all the DTCC members in all categories because if they have to comply in Europe, they pretty much have to comply here too.
+* Atobitt:
+   * Yea, it’s hard to maintain two separate books there
+* Dr. T:
+   * Right-- watching this much more closely, there’s so much more going on.
+
+**TL:DR 🦍 Summary:**
+
+* Dr.T also speculated that legislation in the EU has the potential to be a driving force for further systemic change.
+* The reason the EU legislation may be a driving force is that they seek to pass legislation to force buy-ins for failures to deliver.
+* If it takes effect in Europe, it could ripple across the pond.
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+**FOR NOW, IT’S GOODBYE**
+
+* Dr. T:
+   * I’m just so grateful for the encouragement that I’ve received from the r/Superstonk people
+   * I mean, it’s just been-- it’s what keeps me going
+* Atobitt:
+   * I’m glad to hear you say that
+* Dr. T:
+   * Not the outcomes, because the “what can we do next” is always hard
+   * Because it’s very specific
+   * and it’s not just one thing that can be fixed that’s going to create the BRAND NEW WORLD
+   * There are lots and lots of things that need to be changed, and each time you call attention to one problem, you know the dark pools arise
+   * so there’s always this phantom \[---\]
+* Atobitt:
+   * The big picture is beautiful
+* Dr. T
+   * \---hide it away, right?
+   * So we can talk about doing another AMA
+* Atobitt:
+   * I was actually going to ask you - it’s a really good transition.
+   * We could go through some solutions, but honestly, if we have some opportunity to do this again.
+   * I wanted to wrap up my end of this by saying:
+      * I’m sorry you were never able to get to this level.
+      * But now we have a quarter of a million people that are starting to beg and demand answers
+      * And that pitchfork army that you wanted to desperately is here
+   * And my question to you is: would you be open to working, at your own time, and being able to review different posts that might be submitted to you?
+   * We could work on House of Cards 2 and really start to get this stuff ironed out and get the people the tools that they need in order to get this stuff pushed in and get this taken care of
+* Dr.  T:
+   * Yeah, and u/StonkU2 have a way to send docs to me and point me to the DDs and the god-level DDs?
+* Atobitt:
+   * Due Diligence
+* Dr. T:
+   * Due Diligence, deep Dives
+* Atobitt:
+   * Yup. You learn.
+* Dr. T:
+   * I have trouble, I’m learning-- yes I’m definitely beginning to read hieroglyphics
+   * And just going on the site and finding things out
+   * It’s a bit confusing but anyway-- Yes I’m happy to do that as time allows
+   * and also you know there’s quite a lot of information in Naked Short and Greedy, thank you for mentioning that
+   * But the other book, [Lessons Not Learned](https://www.amazon.ca/Lessons-Not-Learned-Financial-Markets/dp/1910151238)
+* Atobitt:
+   * I also have that too. Looking forward to reading that one.
+* Dr.  T:
+   * So that’s for the techies right.
+   * If you’re a technical analyst, if you want to look at laws, rules, regulations, the history of how many times have we, you know, bailed out banks and brokers
+   * All that’s in there (Lessons not Learned)
+   * But Naked Short and Greedy is a narrative, so I wanted to write and establish more storytelling
+   * But if you want that deeper dive, the other book would be helpful to people
+* Atobitt:
+   * I’m going to keep you open
+   * I’m going to be in contact with you to do that
+* Dr. T:
+   * You do that, yea.
+* Atobitt:
+   * Oh by the way, FYI you’ve officially been dubbed the “Jane Goodall” of the ape troop now
+   * Thank you very much
+* Dr. T:
+   * Someone called me “Queen Kong” of the Apes
+* Atobitt:
+   * Get used to it-- you’re gonna have a lot of names like that
+   * So Dr. T, thank you again so much
+   * I mean, wow, we just blew through that
+   * That was a lot of info in an hour
+   * I appreciate your time
+* Dr. T:
+   * That’s why the book is so thick
+* Atobitt:
+   * Well, I appreciate you so much. Thank you very much.
+   * And thank you everyone for tuning in.
+   * Look forward to the follow-up coming out-- shouldn’t be too long and we’ll be in touch, have a great day
+* Dr. T:
+   * Thanks, you too. Bye-bye.
+
+**TL:DR 🦍 Summary:** We love Dr. T, Queen Kong
+
+​
+
+[ credit: u\/Crazy-Ad-7869 ](https://preview.redd.it/s1ewd4aqrbw61.jpg?width=500&format=pjpg&auto=webp&s=5f7b03394cbe22fe8de9feb24e5e8e742c3dd60a)
+
+One final thank you here at the end, this one goes out to all the mods that helped put this together:[https://www.reddit.com/r/Superstonk/comments/n1kjaa/official\_mod\_appreciation\_video\_for\_dr\_t\_aka/](https://www.reddit.com/r/Superstonk/comments/n1kjaa/official_mod_appreciation_video_for_dr_t_aka/)
+https://www.cnbc.com/2021/11/24/cathie-wood-says-firm-is-testing-a-more-aggressive-strategy-that-would-be-ark-on-steroids.html
+
+Ark Invest’s Cathie Wood said her firm is internally testing a fund that bets against major stocks in the benchmarks.
+
+Wood said she wants to test the strategy on Ark’s employees and did not say when the fund would be made available to retail investors.
+
+Wood acknowledged it could be quite volatile but said that over the next five years it will be a huge winner as her innovation companies emerge and older bellwethers fade away.
+
+Looks like Cathie Wood had found another way to attract investors money. People buying on these ark funds need to understand that the stocks inside are very random. Investors might easily lose money since many of them do not even realize what are they buying and investing.
+
+Thanks for the rewards.
+On Monday of last week I sold a call for OCGN at $5 for $250 premium. The stock never reached $7.50 and I was in the money well through Friday, the closing date. I leave it alone assuming it will close itself (I’m assuming this was my mistake) and then I wake up today to 100 of my shares sold at $5 even though it never reached $7.50.. what happened?? Please anybody help this is very frustrating. I did keep the premium I believe (it says I lost 5¢ on the option p&l though). Any help would be awesome so I can avoid this in the future
+
+Edit: obviously I don’t know enough about options to play with them lmfao I get it, have a good one guys gonna mute this and get to studying.
+I know how hard it can be to ask for help, it's easy to feel selfish or maybe greedy. However, keep in mind that many organizations run off grants and they need to be able to "demonstrate a need" for their service to keep that grant going.
+
+Recently a friend told me that their non-profit was going to have to stop offering free transportation to medical appointments because not enough people used the service.  
+
+It is a shame because we live in a very rural area and most medical appointments are a half hour or more away.  With gas prices what they are, it seems like free transpo would be very needed.  They tried all kinds of things to get folks to use their service, but people were very reluctant and always said they'd figure something else out.
+
+My point here is that you could be helping an organization demonstrate there is a need and that organization might keep it's funding because you utilized it.  Maybe they could even get more funding next year.  
+
+So, if you feel funny about using a service -- tell yourself that you are doing for the other folks who need it!
+Tokenization turns real estate into a fully liquid crypto asset. Properties are held in standalone corporations whose shares are represented by Asset Tokens. By owning the Asset Tokens, you become a legal shareholder of the asset. Asset Tokens are collateralized by the value of the underlying real estate asset, allowing investors to benefit from real estate appreciation over time. Tokenization of real estate allows you to go through the entire process of owning a stake in property from KYC to purchasing all in a few minutes. A tokenization system links the original data to a token but does not provide any way to decipher the token and reveal the original data. As with any system, security tokens are not flawless. Thief, lost, inability to access and the list continues depending on who you speak with. 
+
+In the US there are just over 11 RE projects on blockchain, however, a few are attempting to lead the charge, and more are preparing to join in. In years past real estate token companies have been called out as a scam, but with more reputable firms getting into the arena that has been changing. I found a couple of companies in the space that have piqued my interest.
+
+**Landshare.io** \- Asset Tokens are tradeable against a BUSD pair on a Decentralized Exchange. They offer a tokenized house flip, allowing for lump sum returns on a house renovation. Also allows 3rd parties to sell tokenized assets on the Landshare platform.
+
+**USPC.io -** USPC will be a security token based on physical assets (holding $400m of luxury real estate). Their sponsor Primior Inc. has enough assets on hand to securitize tokens and collateralize the raise. USPC intends to be the first SEC-regulated security token pegged to the value of income producing real estate. They haven't launched yet but their waitlist is now open.
+
+**NYCREC.io** \-  NYCREC is tokenizing the New York City real estate space by offering fractional interest in acquired properties and paying token holders in Ethereum dividends. Token holders would be periodically benefited from the dividends reaped through their profit. Token holders can enjoy some of the benefits that come with owning real estate.
+
+There are others coming and the line is getting longer. I think their success will be largely determined by who is behind the project, experienced players in the real estate industry, and not just a board filled with Wallstreet traders.
+Hi, I started a Roth IRA in January this year. I put in $6000 for 2020 and $1000 for this year. I'm going to contribute the other $5,000 soon. I am wondering why nothing has changed? Here is a screenshot of my account: [https://i.imgur.com/m5mtN0q.png](https://i.imgur.com/m5mtN0q.png) (I'm not sure where the $0.55 is from).
+
+I also have a Traditional 401k through my employer, Merrill and Lynch. I can clearly see the amount I've contributed, as well as the losses/gains from the market. 
+
+What am I doing wrong with Vanguard?
+ “When two people each own over 50% of [a company] it’s going to be interesting…” (i.e., when two groups, one being the DRS’d folks and the second being all other folks (e.g., institutional investors, brokerages, etc.), together are publicly known to own more than 100% of a stock, things will get interesting)
+-Warren Buffet
+https://youtu.be/GVtaKKn43M8?t=385
+
+Don’t forget, there’s also an options market where rights to buy have been purchased. Which means that AFTER every single share has been DRS’d, all the longs will have to do is to start buying call options & the shorts will be unable to deliver on those contracts. And the whole internet will know this! 
+
+Recall that in Jan 2021, SHF lost control of the stock’s price on public news that short interest (SI) exceeded the float. Well, when (iA) the entire float has been DRS’d, the SI will again exceed the float - except this time the float will be 0. What do you imagine the FOMO of folks to be when they realize that every share that they purchase with probability 1 has to eventually be bought back from them? Will it be MADNESS? 💎🤲🚀
+
+ Not financial advice.
+I've been living in poverty my entire life. My family of 7 didn't eat breakfast unless we could afford a box of Kix, usually skipped lunch, and then shared a box of Kraft dinner between ask of us. If you were still hungry after that, my mom would break out the Top Ramen packs. I didn't try most of the vegetables I love now until I was an adult. You bet I'm overweight because my entire diet consisted of awkward fasting and carbs. 
+
+We lived in a 2 bedroom apartment, all the kids in one room. My mom was a casino dealer (who often tried to gamble her tips at the end of her shift) and my step dad was a deadbeat. 
+
+I'm now 27, and I've been carrying the debts and horrible spending habits my entire adult life. But recently, as in this month recently, people have been actually commissioning artwork from me, and all of a sudden I have enough in my accounts to pay off my credit cards and collections notices. I have 1 credit card left to pay off. It's down to $1000 and I'm honestly in shock. I'm so close, and there's this part of me that's kind of afraid to feel what it feels like to not be in debt. Being in debt has been my main motivation to making money in the first place. It's a constant pressure in the back of my mind, that generally keeps me going. So what will be my motivation in the future? 
+
+*Edit 1*: I'd like to mention that I didn't mean what should I physically do next (I actually work for a financial advisor so I know about the 6-months savings / retirement funds, etc. Working for her has helped me learn SO MUCH about spending habits and steps to climb out of the hole). I mean *emotionally*, how do I handle being out of debt? If that makes sense. Debt is comfortable to me, I'm used to it. My partner says it sounds like I've built some kind of Stockholm syndrome around my debt.
+
+I'll figure it out. Regardless of all the worries, I'm *so close* and **super excited**. 
+
+*Edit 2*: [a few people have asked to see my art so I'm posting a link to a few of them.](https://imgur.com/a/6S7PMyf)
+I just needed to share this somewhere. I have (or had!!) a collections account for $2000. Basically what happened was, about three/four years ago my very abusive ex went to jail and I was able to escape the apartment I was in. It was a month to month lease so I went to the property management, explained the entire situation, explained that in his fits of rage he had absolutely destroyed the unit by ripping off doors/punching holes in the way. They said as long as I left the unit within a few days and was agreeing to forfeit my deposit, they wouldn’t hold me liable for the damages. 
+
+Out of sight out of mind. Except a year later I got a phone call from a collections company stating they sent me to collections. I don’t know why they went after me other than money is money and I’m likely easier to find considering the ex is in and out of jail and doesn’t work whereas I’ve been in the same general area for years and worked the entire time. It was for $2000. I got freaked out when they called and hung up to avoid admitting the debt was mine. 
+
+The only thing holding back my credit score was this fucking collections account. I make every single payment on time, keep my utilization low, and pay the full balance on time every month. But having a huge collections account is obviously horrible for your score. Two of the credit bureaus didn’t recognize that I had an account in collections but my experian score still did. 
+
+I disputed it once before and was denied. I didn’t want to start making payments on it but I didn’t want it to just sit there. I didn’t really have enough money sitting around in full until very recently but I was still hesitant even paying it. A month ago, I tried disputing it again.
+
+I got an email from experian this morning. Deleted from my report. The dispute fucking worked!!! My score went up this morning!! 
+
+A huge weight off my shoulders done. I start my new job today too. It’s a great fucking day.
+So, im 20 years old. I have enough in my savings to buy myself a decent camper trailer and a truck good enough to pull it.
+It would be all i own, plus a 2 year living expense buffer.
+
+Ive have recently started to see profit on a website i run, but i am unable to give it the attention it needs to grow as im working 90% of the time.
+
+If i quit my job, i would live in this situation full time for a few years to save money and work on my own ventures and goals. And the freedom it would give me would be priceless to me.
+
+Any thoughts or problems i maybe havent considered would be appriciated!
+Good morning. 
+I’m not looking for any sympathy here cause I know that I’m totally responsible for all the mess in my life right now. 
+
+I’m 25. I’ve been stripping for 6 years now. What do I have to show for that? Nothing. Nada. Zero. I don’t have a degree, I truly don’t know what I want to do with my life or what I want to do when I grow up. I have 50k in my savings account , a decent credit score and no debt. Sounds not too bad for a young girl but... I’ve been making 70-80k a year. So My savings amount is not enough, IMO. I could have saved so much more. 
+
+The ironic part is that I wasn’t even living super lavish life either. I don’t have a closet full of designer things , expensive electronics or equinox membership(lol), took nice vacations maybe twice, don’t go out much, don’t live in a high-end building with doorman, pool and gym, do not have expensive hobbies and so on. 
+Thus I really don’t know where tf all these $$$ went to. No, I don’t do drugs. No kids or leeching boyfriends. 
+
+However, I always lived in expensive cities. I can’t move to a state/town with a low cost of living as I’ll obviously make way less over there. 
+I have to spend some money as I frequently travel out of state to other cities to work when slow season hits my town and my earnings go down to 100-300$ per night. 
+
+My expenses : 
+1)rent - $1500
+2)bills - $200
+3)cell phone - $100
+4)food - $800(I buy organic and eat out a lot, lol)
+5)health insurance - $400
+6)therapy sessions - $800
+7)uber/public transit - $300-500
+8)going out - $200
+9)make-up/skin care - $200 
+10)clothing/shoes - $500
+11)toiletries - $50
+12)hobbies - $300-500
+13)helping my father out- $700
+14)traveling - $200
+
+When I travel for work to other cities, then I have to spend another grand or two a month. 
+
+I do realize that I could have been way more frugal and cut down on going out and so on but on the other hand, I always justified it by asking myself if dancing is even worth it if I can not even treat myself a bit. I don’t know. 
+
+I’ve been struggling with depression and anxiety since I was a teen. Thus I end up taking LOTS of days off when I go through tough episodes. Otherwise, I just can not focus on working and don’t make shit. Yes, I do need to get my shit together. 
+
+Plus I’ve struggled to save as much as I could cause often I save X dollars, then boom - I have some kind of an issue that requires money to fix, be it a week or two of me, not getting out of bed due to my mental health issues etc or I have earnings slump or some other nonsense comes up. 
+
+I was thinking of buying a property but nobody will lend to a stripper. And I started filing taxes only last year(yes, I know). 
+They have a 6-person team, why the fuck do they need $50m?   
+
+$50m is enough for hiring **100** top-paid professionals, for **5 years**. Given that ETH value is expected to rise, as well as the value of their own token (assuming they do a decent job), of which they keep plenty, that's even an underestimate.
+
+**Stop dumping your ETH.**
+I am just wondering what models people are pursuing in their research. Generally, I am leaning toward tree-based models because they are robust to irrelevant features limiting the feature reduction /engineering step. I know these models are prominent in kaggle, but in a time-series domain I am wondering if people have success with them. I am also interested in NNs but am putting off diving into that domian.
+One of the persons suing RC over the Bobby stuff can be easily googled. Top of my results was this case:[https://casetext.com/case/pencheng-si-v-laogai-research-found-1](https://casetext.com/case/pencheng-si-v-laogai-research-found-1)
+
+Where it's spelled out they're Chinese and they worked in what they themselves alleged was a government funded institute that defrauded Uncle Sam.
+
+**Edit: He's got a legal practice page here:** [**https://dwslawgroup.com/attorneys/simon-p-si/**](https://dwslawgroup.com/attorneys/simon-p-si/) . Imagine that...He's also got experience with SEC/FTC/all those guys and handling audits and what not. 
+
+Weird...Someone from a country, who worked in an agency studying that country, who sued them for false claims and fraud, now comes out of the woodwork to sue RC.  A country where a certain Evergrande ponzi scheme has been in the works and where the CCP has been doing their damndest to wiggle out of the damage while saving face.
+
+I think we need more eyes on this and research into other related links.
+My wife and I live in a HCOL area and are avid savers. We both work our tails off and are hoping to retire in about 10 years (mid 50s).  We both came from middle class families (my parents sold my childhood home a few years ago fro $70k and prior to this year hadn’t bought a new new car since 2008). Most of our social friends we have through our kids (similar ages, college educated, generally dual income). 
+
+Like most Americans we don’t discuss our finances with people but based on various conversations I feel like we are probably going to reach FI earlier than our peers and maybe with more abilities. We aren’t flashy people (my car has 160k miles on it).  We live well within our means but our earnings have grown ridiculously fast these past few years. Our gross is around $750k and that’s probably double what it was 5 or so years ago.  
+
+Any thoughts on if fatFIRE breeds resentment?  We have a lot of really good friends and the idea of being done at 57 while our friends are still working may jeopardize that?  Also, is there a lot of resentment among the FIRE groups.  I tried posting a progress report on r/financial independence yesterday only to have it removed. When I looked at the mods history he posts a lot in r/fijerk a lot. Seems odd to me that everyone trying to achieve their own fi would be upset with others doing the same? But that’s what brought me here. Made me realize my friends might go away if I am hanging it up at 55 while they’re still working.  
+
+I would love some feedback.
+I have been seeing a lot of exuberance from people talking about 20-50% returns with some implicit expectation that things will be this way for the forseeable future.
+
+I think that most people in their 20s and 30s have not seen the impact of a global recession. The momentary dip in March seems to have convinced many people that when the market drops, it recovers relatively quickly. I have been reading about folks who have netted 2M at 29 or whatever and are counting on doubling their money or more in 5 years. Or people are all in on TSLA. Admittedly, you see that more on wsb, but there might be some overlap.
+
+I am dating myself, but I was at my peak growth during the 2008 recession. I was doing what I loved at the time, but more so my timing was incredibly lucky as I had 4 years of funding at our burn and business was growing. I saw so many people come back out of retirement and forced to look for jobs, even in lucrative industries like medicine, tech & finance. I knew someone who worked at AAPL and had a 90% LTV on their primary home and was counting on options to make mortgage payments. Relatively successful people who overextended and overlevered themselves had to foreclose. I have a family friend who had retired as a senior leader at an auto firm trying to find jobs he would have scoffed at in the past. I saw a successful physician neighbor come out of retirement, sell multiple nice vehicles and go back to work at a big hospital, coming back late at night in scrubs looking completely worn out.
+
+Relevance to FatFIRE: I would claim one of the important aspects of FatFIRE is the ability to withstand 30-40% reduction in your NW for a 4+ year period and still be able to shrug it off.
+
+Would be interested in hearing fun and/or horror stories from people who lived through dotcom, 2008, etc.
+
+Goal: Inject some realism and hopefully help some folks think through risk. IMHO the test of FatFIRE is when you can easily RE when the market is at the bottom without a second thought.
+
+Hopefully, this doesn't come across as preachy. I apologize if it does. Would hate to see some of the newer multi-millionaires here not structure their portfolios to withstand some amount of risk.
+I have been researching for a while now and looking to make my first rental property investment. My local area is very difficult to invest in, so I started looking out of state. 
+
+I was browsing several areas in Florida (Jacksonville for one) and it seems fairly easy to find a multi-unit property that cash flows positive. I found several properties in the $200-300k range that cash flow  close to $1k per month in total. Some of them are fully rented out currently. I’m assuming these are too good to be true, but what am I missing?
+So my sister, 19, is currently in college and is sort of struggling to pay for classes and books. When helping her apply for financial aid, it put her as dependent and required parents 2020 taxes. However, mom hasn’t filed and owes and father is deceased. My sister also didn’t work because she was in high school. We put the option of “will not file” under our mom and completed the application.
+
+The financial aid rep reached out to my sister and said that they need our moms taxes to move forward. My mom says she will but we already know she won’t.
+
+Has anyone experienced this? Or know what other options we can do? Thanks!
+[**GameStop Wallet Support**](https://support.blockchain.gamestop.com/hc/en-us/sections/4412111751955-Getting-Started)
+
+# 🟣 [Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/v2ff5r/drscomputershare_megathread_062022/)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+# 🙋 ​[What's GME & should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+# 📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+>A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for help with user flairs
+
+​
+
+**📌 Flair update! Out with the ODL in with the new 🧾 Buy & HODL 💎🙌 with a new background color #242424, IYKYK**
+As the title says, I'm considering selling my business to start that fatFIRE life. I think the value is approaching solid fat, but I need to find out.
+
+I've talked to a business broker and they're all in on listing the business, but I'd like to explore an investment banker to see if it would be a better fit. I'm in that middle territory where the sale would be a little large for a typical broker but small for a banker.
+
+The problem is that I have no connections to that world whatsoever, and I'm hesitant to just start cold calling google results without a solid frame of reference.
+
+Location is midwest. Business is doing $5M in sales/year but growing quickly. On pace to push $7M in 2020. Private label eCommerce with some in-house manufacturing that takes place. Profit margin is a solid 20-25% with about 10 years of growth to show.
+
+So other than an "investment banks near me" search how do you get a decent referral?
+I want to thank every single one of you.
+
+In October 2021 I met the love of my life. We met online and quickly realised how much we have in common. We play the same games, we like the same tv shows, movies, documentaries, we both have a unique sense of humour that other people wouldn’t understand. We are perfect for each other in every single way apart from just one.
+
+I live in Scotland and she will live in China. She came to Scotland to complete her university degree before moving back to China to work as a teacher. She is going back to China on 4th October. Throughout this year I was always semi-prepared to make this post because deep down I knew there was a possibility the squozzle wouldn’t have squeezled yet.
+
+Nobody in my family truly believes in MOASS, no matter how hard I try to convince them, it sounds too tinfoil for them and they simply don’t care. My now fiancée is the only person that believes in MOASS. She believes in it because I do, and I frequently talk about you guys and girls as well as the legendary DD with passion and excitement. 
+
+Throughout this entire year, we have slept in different beds for only 4 non-consecutive days. Those days without each other were hard for both of us. We are always together and we want to be with each other forever, it makes us really happy. This happiness will turn into a lot of sadness, crying and missing each other in 3 weeks time when she has to leave Scotland and go back home.
+
+I guess I don’t really have to explain that I’m obviously counting on MOASS within the next 3 weeks, but I feel like that would be too much of a miracle because those financial terrorists will do everything they can to survive another day.
+
+I’m lying in my bed at 3:14 AM with the love of my life beside me, unable to sleep because I can’t stop thinking about her leaving.
+
+
+
+To summarise: Even though I feel like shit because of her leaving…
+
+At the same time I feel so lucky to know what this subreddit is…
+
+I feel lucky to have the knowledge I have because of you beautiful humans…
+
+I feel lucky knowing that you will never give up until justice is served and telephone number tendies are in your bank account.
+
+I like to think that I’m lucky and unlucky, because even though I won’t be cuddling my fiancée to sleep in a few weeks… I will one day look back at this post and realise that the wait for MOASS was definitely worth it.
+
+I truly truly want to thank all of you for continuously DRSing your shares and making life worth living right now. Without all of you I wouldn’t get the chance to spend the rest of my life with my future wife so easily and my journey would have been 100x harder if not for MOASS.
+
+Lastly, Kenneth Cordele Griffin and friends - I sincerely hope you all fucking rot in jail until your death.
+
+I will continue working overtime and I will continue DRSing GME monthly.
+
+我爱你宝贝 ❤️♥️❤️♥️❤️
+
+Love you apes 🍌💛💛💛💛
+I make $61k and my wife just went back to work making $31k per year. Our bills (not including food, gas, or other misc expenses) equal around $3300/month and our take home pay is around 6300 which leaves with about $1000 unaccounted for.  We have 15k in credit card debt and only about 4k in savings at the moment. My thoughts were that we should pay of the high interest credit cards once we had a few grand in savings, then start working on savings again, but my financial planner insists building a savings account to have a year's salary is our first priority. Is this sound advice?
+So as the title says, my bank just rolled out an offer for a 4% interest rate on any new deposits. 
+
+I’ve got a low hanging fruit emergency fund of $41,000 that I’ll be moving over to this offer by end of January when it’s eligible. 
+
+Generally, all my investments have gone (in the order of priority) towards 401k (wife and I both max), taxable investment account managed by financial advisors, a Vanguard ETF, my own personal brokerage that I mainly gamble with, then crypto. 
+
+Heavily debating if I dramatically up the amount I would drop in the savings account while it’s at a guaranteed 4% with how up and down the market has been. 
+
+Happy to provide more details but would love thoughts if anyone has them.
+
+EDIT: Bank is Morgan Stanley
+While browsing this sub it seems to me that almost nobody uses E-Trade's API for algorithmic trading. I am new to this and just started on Quantconnect. Does anyone have any experience using E-Trade's API and if so, how is it? Additionally, if I make an algorithm in Quantconnect can I easily get it to work with E-Trade's API?
+Simply put, the effect of fees on investment [can be devastating](https://personal.vanguard.com/us/insights/investingtruths/investing-truth-about-cost).  When you consider that it's impossible to identify those active fund managers or actively managed funds that will outperform their benchmark after costs in advance, the low-cost, lazy index investing strategy starts to look pretty attractive.  
+
+
+[https://cointelegraph.com/news/ethereum-whales-dumping-eth-as-price-slides-below-4k-data-shows](https://cointelegraph.com/news/ethereum-whales-dumping-eth-as-price-slides-below-4k-data-shows)
+I had a goal to save enough money to buy a small sailboat to live on ($10k - $20k). I wasn't making good money and I lived in an expensive city, so every little thing I could do to save I did. I also have adult ADD, which makes everything a little harder and it's caused me problems in the past. Combined, it's a recipe for poverty finance.
+
+ I'm posting this from the cockpit of said sailboat just a couple months shy of three years later. Anyone can accomplish a reasonable goal if I can.
+
+1) Cook at home, bring lunch, never eat out (giggidy) and have a meal plan.
+  
+2) Eat a banana or two before each meal. They are cheap and filling and I eat less of the more expensive food. 
+
+3) Bulk Foods, my favorite is WinCo. Buy it, break it up, freeze it, store it, and budget it from a meal plan.
+
+4) Goodwill, Thrift Stores, eBay, Craigslist. Used everything but underwear, socks & food.
+
+5) Generic everything except shoes. Cheap shoes aren't a bargain and after a day my dogs are barking.
+
+6) Coupons. Seriously they don't get enough credit. Write a letter to the companies that you purchase products from and ask for coupons. Send a short letter about you goals and just ask. Sunday paper left at work, bus stop, laundry mat, nobody takes the coupons.
+
+7) Stopped going out with friends. This was the hardest one for me and on me. I miss(ed) them but I wanted my goals more than The Bar or Bad Decisions Friday. 
+
+8) Cut The Cord. No cable, just Internet. No streaming services, but I did have News Groups for $10/m).
+
+9) Built a budget and stuck to it, and paid all bills on time. No late charges.
+
+10) Paid cash for every thing I could. I can't remember where I read it but I remember the article saying it psychologically 'hurts' more to pay cash than to just swipe the card. After two months I saw an almost 7% savings in my outflow than the previous two months on the card with no other noticable changes or quality of life.
+
+11) Got rid of my car and associated expenses. One employer provided a Metro card free of charge for two years. I used the travel time to read on my Kindle, shit surf or listen to music. That was $175/m insurance and $225/m parking saved, not to mention fuel. It took some getting use to but tremendous savings were to be had, so I did it.
+
+12) I created a SCRUM(ish)/ToDo wall in my hallway with Post-it notes that I HAD to walk by every day. It was a visual representation of The Goal and all of the jobs that had to be completed in order to get there. It's way easier to concentrate on small jobs than get overwhelmed by the massiveness of it.
+ Putting a job into the Done column gives you a rewarding feeling, I shit you not.
+
+13) *This* is the single most important thing I did.
+
+I opened a separate savings account from my main bank at a Credit Union who had a branch right around the corner from my apartment. I made it very clear that I wanted a Savings account, not tied to or bundled with any other type of account AND I wanted an ATM ONLY card without the Visa, Or MC.
+
+At my Direct Deposit bank going by my budget, my Scrum wall and any unforeseen expenses that week (cat vet, something broke etc) and retrieved that amount in cash. I would also retrieve the amount going into savings at the Credit Union that pay cheque and then walk from the DD ATM to the CU ATM and deposit it. That way the money was 'real' to me. I had seen and held it, it was mine and I could do whatever the fuck I wanted to. I *chose* to deposit it. Some good feelings there, I can't overstate this enough.
+ Then I would take that week's printout and put it on the fridge. 
+
+14) Only take as much cash with me in the morning that I needed for the day, leave the cards at home. I kept an emergency $50 in the wallet so I knew no matter where I was in the city or outskirts I could make it home. Never touched it.
+
+I found having a goal driven life was very important for me. It took me three long ass years, but now I have my boat, it's small, and it needs a little work, but she's mine and I own her outright. She's capable of taking me to see the world (except the poles) and that's no joke.
+
+That's the new wall I'm working on now 'See the world, one anchorage and port at a time' wall.
+
+I hope this can help you on your goal(s) too. It was a tremendous success for me personally. I know there are a few things I could have done to optimize this or do differently, but this is what actually worked for me IRL.
+
+Sorry for any bad formatting, I'm on mobile.
+[edit for spelling]
+
+[2nd edit]
+
+Reddit hugged my website to death, so I've upped my service to bring it back online, so another $10/m I didn't count on, but have a slush fund in which to draw from.  - Love you guys.
+Changelly is a “non-custodial” instant cryptocurrency exchange according to their twitter profile. 
+https://mobile.twitter.com/changelly_team
+ 
+The only reason i trusted them is because they are listed as a trusted partner of Ledger and Exodus 
+
+- Summary about what happened -
+
+I tried to exchange 0.4349346 BTC ($19800) to 19740.61 DAI (ERC20) on April 4th. 
+Exchange ID - q3pavhd2w7t6x591
+
+Changelly deposit address - 3EToheb4cTMP59YW5AwmYFwmzE1z2myYC2
+Image - https://picbun.com/p/XDSmueT8
+
+That was 6 days ago. After several minutes, I noticed that my exchange is on hold and there was an alert telling me to complete KYC verification. I completed KYC verification soon as i could. Changelly uses a 3rd party KYC authentication service called Sumsub for this.
+
+Even after successful KYC verification through Sumsub, my exchange was still on hold. After a few minutes, another alert appeared asking me to contact security@changelly.com
+Image - https://picbun.com/p/lQdrSBh5
+
+“I got a hold asking me to fill in kyc details.
+I completed that and the verification was successful. However the transaction still says that its on hold. How long will it take?”
+This was my first message to them. 
+
+5 minutes later they replied to me with this message.
+Image - https://picbun.com/p/V2U7qSZx
+They were asking me to submit evidence to prove that i own the bitcoin. 
+
+So i took images of my wallet and replied to them with those images.
+Image 1  - https://picbun.com/p/dLpk4fCb
+Image 2 - https://picbun.com/p/lkJptn1r
+
+They replied to me with this 
+“Could you please specify how you obtained the BTC in question? Were they purchased, traded, or mined - for instance?”
+Image - https://picbun.com/p/ZOMURmGp
+
+I told them that i met up with my friend irl and bought btc from him using cash. I always use him for buying btc because my cards aren’t compatible with bitcoin purchase sites.
+
+Then they sent me a long list bitcoin addresses and told me to confirm which ones are mine
+Only few of them were mine and i showed them a screenshot of my addresses inside electrum wallet. I also sent them plaintext list of those addresses to make it easier for them
+Image - https://picbun.com/p/2afIoOuQ
+
+They replied to that asking me to tell my friend to contact them so that they can have his KYC verified
+Image - https://picbun.com/p/LlLxSE9z
+At this point, i felt like i was being scammed by changelly. My friend was not a customer of changelly and there was no need for him to complete KYC (Know your Customer).
+
+I knew that my friend wouldn’t want to trust an exchange with his personal information and documents. But i cried and begged him to do the kyc checks. He reached out to changelly and completed KYC checks within an hour.
+Image - https://picbun.com/p/gmHGldQl
+
+After his successful KYC verification, they replied to him and demanded proof of ownership of the bitcoin he sent to me originally. He started getting doubts about their legitimacy at this point. He suspected that they were trying to trap us into a KYC/AML loop
+Image - https://picbun.com/p/eajOuMZo
+
+But because of my constant cry for help, he decided to move forward and disclosed to them that the source of funds was paxful.com
+Image - https://picbun.com/p/cydKdMkm
+
+Changelly asked him if the sender wallet addresses (from paxful to my electrum wallet) belonged to him or not. He told them that the addresses technically belong to Paxful because its an exchange, not a Decentralised wallet. On the same email, he told them that they are supposed to do KYC/AML checks on me BEFORE the exchange initiation on changelly. 
+
+After hours of no replies, changelly replied asking him for screenshots of transactions from paxful to my electrum wallet.
+He sent them 3 screenshots which were of the 3 largest transactions to my 3 wallet addresses. 
+Image 1 - https://picbun.com/p/4TFgZ734
+Image 2 - https://picbun.com/p/FdasAdSu
+
+Changelly verified the source of funds and sent him this response saying the case is being reviewed.
+Image - https://picbun.com/p/gL8uf7Qy
+
+Since there were no updates even after 1 day, my friend emailed them again asking for updates and they replied with this 
+“Please be informed that once there are any updates we will immediately let you know. “
+
+2 days passed, me and him have been emailing them multiple times. My friend even requested them to “Return bitcoin to original sender” if they cannot carry out the exchange. But they never replied to any of it.
+
+On 6th of April, they replied saying that review of the case could take “months”. 
+Image - https://picbun.com/p/uny8rBA9
+Why would it take months if me and my friend already verified KYC and proved source of funds??
+
+At that point, i was losing my mind. From 7th of April to today 10th of April, i have emailed them daily asking for updates. They never even replied to my emails once.
+
+I realised that they have scammed. I started to look around on the internet to see if someone else had the same experience. Surprisingly, i have found several similar stories by just googling for “changelly kyc” and on reddit alike
+
+I have no idea what to do anymore except share my experience. I’m completely helpless. This was my life savings. Losing that kind of money is unbearable to me and i have been depressed for the past week. Anything anyone can do to help my situation will be appreciated. Sharing to more people for awareness, legal advices about what to do etc - anything would help.
+
+Reddit is my last hope..
+
+
+
+**CONCLUSION**
+
+Changelly is indeed a scam exchange. Only reason i got refunded by them is because of the outrage my post made on reddit and twitter. If you are a changelly scam victim, do not give up! Make as much as noise you can make and create awareness.
+
+I knew that reddit and crypto community would come together to help people in need and that’s what makes both communities truly special. I encourage every scam victim out there to not give up. I don’t regret my decision to post on r/bitcoin 🫂
+
+
+**This post will remain undeleted as awareness**
+​
+
+https://preview.redd.it/b2zj44dmx1n91.png?width=1169&format=png&auto=webp&s=53f369566f981063f0629e005308005d38bf6f93
+
+[View Poll](https://www.reddit.com/poll/xasgrb)
+Ok I might sound like I’m an old hating prick but here’s my reasoning. I come here to better my portfolio, due diligence and learn about dividends stocks but this r/dividends is always cluttered with all of these I’m ?? young years old and just started investing. Is this really what r/dividends for? Please help me find what I might be looking for.
+Hello Reddit world. I read a lot of the great advice and opinions people have to offer on this page, and I'd like to know your thoughts regarding my specific goal. 
+
+I dont currently have an IRA. I know most if not all financial advisors would say max out your yearly IRA prior to investing in a taxable account. IRAs dont appeal to me since my goal is to have enough income from dividends to retire early. I'd like to be done by 40 and I'm currently 28 (ambition goal, I know).
+
+My question. For anyone who is currently successfully living off of their dividend income, what kind of portfolio structure do you have, and how did you arrive at that portfolio? Over how many years did it take to get to that point? My portfolio is currently yielding $1,000 in annual dividends... that will have to compound big time for it to meet my goal, but how did those who accomplish it get there? Did you go mostly growth and then convert to dividend paying stocks at a later age? Did you keep a dividend rich portfolio the whole way through and reinvested the dividends? How do you protect/hedge your nest egg now so it can continue to provide you with the necessary income? 
+
+Sorry for the long post!
+Whilst I understood the difference between hedged and unhedged investments superficially, I always found it hard to conceptualise how the interplay between changes in the value of underlying stocks and underlying currencies affected the market price of the investments. 
+
+These two diagrams really helped me visualise what was going on and I hope they can help some of you guys as well. 
+
+Where I have labelled “ETF” I just mean the value of the underlying stocks. I have used VGS (unhedged) and VGAD (hedged) as examples but you could use any pair of hedged/unhedged stock. Also I wrote USD but technically it should be internationally weighted to all the currencies of the underlying stocks. 
+
+Please let me know if you think there are any mistakes!
+In many past market crashes, the signs of an impending crash were present years before they actually happened. This is because Wall Street and the government have the bad habit of can kicking a legitimate problem until it becomes impossible for them to continue delaying it.
+
+In these past crashes, it wasn’t until a large enough event occurred that would make it impossible to delay it any longer.
+
+For example, for the 2008 Housing Market Crash, it wasn’t until Lehman and Sterns filed for bankruptcy that the mortgage bond market truly collapsed; even though signs of a crash were present since 2005 when Michael Burry uncovered the signs.
+
+And now with FTX completely crashing as well as the hundreds of crypt-toes and companies it was tied to, will the company’s bankruptcy be a big enough domino to fall that it would trigger a bear run in the markets?
+
+Thoughts?
+Well whatever the sentiments, it's great seeing some greens 😁. 
+Erc 20 token; Coinscan and Eth classic  has made incredible surges towards the upside 
+$Scan growth in 2wks has surged over 230%
+$Ethclassic growth in same span has surged over 120%
+
+[View Poll](https://www.reddit.com/poll/wayvs8)
+ The move, which affects suppliers to major international brands such as Apple, Ralph Lauren and Tommy Hilfiger, could force companies to sever some ties to China.
+
+ The list of sanctioned companies includes current and former suppliers to major international brands such as Apple, Ralph Lauren, Google, HP, Tommy Hilfiger, Hugo Boss and Muji, according to [a report](https://www.aspi.org.au/report/uyghurs-sale) by the Australian Strategic Policy Institute, a think tank established by the Australian government. The group cited the websites of the sanctioned Chinese companies, which mentioned their financial relationships with major American brands. 
+
+The blacklist only prevents U.S. companies from selling components or technologies to Chinese companies without a license, not from purchasing products. In practice, however, major international brands are unlikely to continue doing business with any firm named on a government list for forced labor or other abuses in Xinjiang.
+
+
+[NYT- ARTICLE](https://www.nytimes.com/2020/07/20/business/economy/china-sanctions-uighurs-labor.html)
+Hey guys,
+
+be aware that I'm no financial advisor and that my knowledge of this matter is mostly based on other peoples DD and my very limited capabilities of reading and understanding financial matters. I'm reading about XRT and ETFs since about a week and everyday I find new stuff that just blows my mind. I'm far from understanding the total depth of the information and I always delayed releasing this post but I think more clever apes need to dig deeper. If I made a false assumption or understood something wrong then please let me know in the comments. I'm not providing a TL:DR because sometimes there is no easy way of understanding a complex topic. I made a conclusion at the end of this post which somehow recaptures my points but please read the whole thing if you can. There is a little gem at the end of the post to hopefully keep you motivated to read all the way. Let's start.
+
+Under a recent XRT post someone commented a link to an [old DD](https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip_uleavemeanon_where_are_the_shares_part_1/?utm_medium=android_app&utm_source=share) which is worth the read but not necessary to understand this post. OP describes how "Authorized Participant" (AP), like banks and MM for example Citadel, are using their privileges in order to profit from lax ETF regulations.
+
+I don't want to go too deep into the details and I would advice anyone with further interest to read the DD themselves. I try to keep it short as possible:
+
+APs are able to create and break apart ETF shares in order to provide "liquidity". They can create ETF shares by buying the shares of the underlying securities which usually happens in larger quantities which are grouped in a "creation basket":
+
+>For an AP: 50,000 shares of ETF = “creation basket” = 50,000 shares of underlying securities  
+>  
+>**They’re interchangeable, for a small fee**
+
+You wanna know how many of those creation baskets are created on a daily basis just for XRT?
+
+​
+
+https://preview.redd.it/r30dx2ze64d81.png?width=324&format=png&auto=webp&s=a417a9bee75c8fdc12145cd1b9935432a290f7d0
+
+Everyday there are about 50,000 \* 66.68 = **3,334,000** XRT shares created. The **official outstanding shares for XRT vary between 3M-10M shares** in the last few months. How is it possible that a massive chunk of outstanding shares are created on a daily basis without the outstanding numbers going up? Where are those shares going to? Why are 3.5 M shares of XRT traded everyday? Why are most of the outstanding shares traded on a daily basis volume wise?
+
+# Creation process:
+
+Normally APs (MM) like Citadel are providing "liquidity" with the creation process of putting together a creation basket and selling it to the market. They obviously are also making money from this. Through their privileges and MM capabilities they are provided with certain exemptions that allow them to sell ETF shares that they do not own (haven't created yet) up to 6 days before purchasing the securities to create them.
+
+So normally they would be putting together a "creation basket" of 50,000 ETF shares by buying the underlying securities first. This would be like the rulebook scenario. Through their special rules they can create 50,000 ETF shares before even buying the 50.000 underlying shares, which in the best case, are balanced out perfectly to reflect the weighting this specific ETF follows.
+
+I thought a lot about the way they are abusing XRT and I came to the following conclusion. Let's say they create 50,000 ETF shares to sell them to the market. This all happens through computer systems. Those 50,000 ETF shares represents a specific weighting of different shares which need to be bought from the normal stock market. If you are creating 50,000 ETF shares then the system also needs to be fed with 50,000 shares. If you aren't directly feeding the system with those 50,000 underlying shares then there is like a  imaginary piece of paper which records that the 50,000 underlying shares for the creation of the 50,000 ETF shares are still missing. It's basically like a short position. When you short sell some stocks your account simply shows;  - (MINUS) 220k shares GME , - (MINUS) 1M shares TSLA, - (MINUS) 2M shares APPL.
+
+The 50,000 ETF shares which were created, are recorded on another imaginary piece of paper and are expected to represent the specific ETF weighting in shares. On paper those 50,000 ETF shares are supposed to include 2% GME and many other stocks (I don't know the actual percentage and weighting). The system basically registers that 1,000 GME shares and many other shares of other companies need to be delivered so that the books are balanced out and everything is as it's supposed to be. If the AP doesn't deliver those shares within T+2 days, then it's registering as an FTD. After T+6 days they are forced to take care of it OR they can open up a put position which gives them another T+35 cycle. Meanwhile those 50,000 ETF shares are already sold to the market and the system thinks that those 50,000 ETF shares are accounting for a specific number of underlying shares.
+
+Let's say the AP wants to clear the books and finally settle the creation of this basket. He goes to the stock exchanges and simply buys all the stocks that he needs for the creation of this ETF basket. But what if one of those underlying shares that he needs to buy are currently hard to find because there aren't much shares to buy and the specific share is very illiquid. APs can pull another trick card out of their sleeves:
+
+>One such friction was the variance in the availability of the underlying constituents and the potential difficulty in forging perfectly weighted baskets for delivery at short notice. This led many ETF managers to allow APs to deliver customised baskets, effectively permitting stocks to be delivered in weightings that suited APs rather than shareholders. **In some cases, hard-to-find stocks or bonds were even allowed to be substituted with cash outright or other collateral** (increasing the risk of index-tracking error even further)
+
+source: [https://www.ft.com/content/a9d04b8a-feea-4e4a-8bb8-d7681b8bcc52](https://www.ft.com/content/a9d04b8a-feea-4e4a-8bb8-d7681b8bcc52) (great read btw)
+
+They are allowed to simply replace hard-to-find stocks with substitutes OR much easier: raw CASH. So instead of simply delivering and buying a stock from the market and feed it to the system to finish the ETF share creation. They can feed cash or some other stock into the system and the system is like, okay that isn't the share I needed but it will be okay anyways. This form of substitution obviously needs permission from the people managing the ETFS but I would bet both my nuts that the people managing XRT don't give a flying fuck of proper weighting.
+
+After the system has been fed, the FTD clears and the creation process of the ETF shares is finished. Now comes the big question mark, what happens to the piece of paper of those ETF shares and the underlying securities which needed to be delivered, that already have been sold to the market by the MM. Is the piece of paper corrected. Is there a process where the system registers that there haven't been GME shares fed to the system like it's supposed to be, but simply cash. Are those ~~1k GME shares~~ crossed out in the books and replaced with the cash equivalent amount OR are those ETF shares still representing GME shares that never were delivered. I don't know about this and the system isn't transparent enough to retrace it. I can only speculate about this but if I have to guess: this might be the loophole for creating synthetic shares. I don't have any proof for that but I'm 100% sure there is some loophole in this whole ETF share creation and redemption process. Those created ETF shares which supposedly contain GME could later be dissolved and then sold to the market.
+
+# Dissolving ETFS:
+
+APs  are also allowed to dissolve ETF shares into their underlying securities. They can either do this by actually buying shares and dissolve them (which reduces outstanding shares) OR they can simply borrow them from some fund or entity that is holding XRT for a small fee. They then dissolve the ETF shares into the underlying securities and sell them to the market which actually is shorting. You can  only sell the shares you actually wanna go short on and keep others or you can sell all and buy them back later if you expect them all to be cheaper in the future. If 50,000 ETF shares are only borrowed to ONE entity then there are no synthetics created (if the underlying shares have regularly been fed into the system at some point in the past). They have been bought once and now sold = 0 shares that shouldn't exist. But what if the same 50,000 ETF shares are borrowed out 5 different times? **They are then dissolved 5 times representing 250,000 underlying shares and suddenly there are 200,000 underlying shares that shouldn't exist.**
+
+You now have created 200,000 shares out of thin air that you can all sell to the market and create a short position with. Wait a second, those shares have to be reported and registered somewhere? NOPE, those are shares that aren't accounted for in the system.
+
+>\*\* “any securities accepted for deposit and any securities used to satisfy redemption requests will be sold in transactions that would be exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”).” \*\*
+
+But they have to buy back those shares from the market if they want to give back the borrowed share that they just dissolved so that everyone is happy again? You might say: "They create 200,000 shares, sell them to the market which is going short and then they still need to buy back those 200,000. What have they gained of that?" - **well, they simply only buy back the shares that they DON'T wanna go short on or they don't sell most of the shares at all and simply take the synthetic GME shares and sell those to the market (which is naked short selling after all).** But the synthetic GME share still have to be returned so the ETF shares are fine again? Nope, as we already learned they can simply substitute them with cash or other securities. Through this process they can create GME shares out of thin air.
+
+While the creation process and how it can be abused might be speculation from my side. This process is actually extremely plausible and can be proven by individual facts. We know for sure that one ETF share can be borrowed out multiple times. We also know that APs (MM) are able to dissolve those borrowed ETF shares and we also know that the returning of the right weighting isn't required and that it can simply be replaced with something worth as much.
+
+By the way, APS don't have to borrow ETF shares to dissolve them. They can also just buy ETF shares and dissolve them and never return back the ETF shares/underlying securities to anyone. This of course reduces the amount of outstanding shares.
+
+[Used this image from another DD: https:\/\/www.reddit.com\/r\/Superstonk\/comments\/ofi0yw\/deeper\_dive\_into\_etf\_ftds\_and\_t35\/](https://preview.redd.it/zzebl3xvl4d81.png?width=892&format=png&auto=webp&s=9a91802f733c55eb1f70c438018afa6d2f636bfd)
+
+Just on a side note: XRT outstanding shares jumped from 10M shares to 2.5M shares at end of January 2021 while going back to 10M shares a few days after. Just normal ETF behavior that outstanding shares reduce by 4 times in a matter of two days. You ever wondered where they got new ammo from at the end of January? I think this the answer.
+
+Another interesting thing that I found was the disclosure of the institutional ownership numbers at the end of September 2021 (they have changed by now, nonetheless astonishing for an ETF that should contain about 3-10M outstanding shares):
+
+​
+
+https://preview.redd.it/3r0erpgen4d81.png?width=783&format=png&auto=webp&s=553303b77c91894650b600785b0ccd468057768e
+
+Just the TOP 10 institutional entities hold around 25M shares at the end of September. This doesn't include the entities that aren't on this top 10 list and retail investors. I also think that mutual funds are excluded from this listing which also add more shares to the calculation but I'm not to sure about that.  At some point in time there where 77 Million owners of XRT while 10 Million shares are thought to be outstanding. This was some years ago but XRT is one of the prime example of how unregulated ETF are prone to being abused. Many people that are deep into ETFs and our financial markets warn about the risks arising from ETFs and they use XRT as the prime example.
+
+If anyone knows about a source where I can find historical data for outstanding shares for the last year of XRT then please let me know. I'm extremely interested on that but unfortunately I couldn't find any of these data.
+
+I could go deeper into FTDs but I find it very hard to put them into an actual context and link them with certain activities. What stood out for me was the fact that major FTDs registering often arrived with the price of GME going down extremely. Citadel must have been slaughtering out borrowed XRT shares, not returning the securities needed for clearing in time, thus creating an FTD, which they then somehow managed to take care off. The massive amount of put options in this ETF could be another byproduct of delaying FTDs. But this would be too much for this post.
+
+**Conclusion:** THERE IS SO MUCH  WRONG WITH THIS ETF. XRT is currently the most shorted ETF at all:
+
+​
+
+[From today, shares outstanding are reported as: 3.1M](https://preview.redd.it/t857xh2mp4d81.png?width=430&format=png&auto=webp&s=39c285c69c1340105546ac207f56d77446ef3081)
+
+My wildest guess would be following. Citadel the market maker is creating ETF "creation baskets" of 50,000 ETF shares which are supposed to contain GME shares but they never actually deliver them and just settle the creation with cash while the sold ETF shares still register GME shares as their underlying securities and thus those ETF shares can be dissolved into GME shares at some point without GME actually ever being bought from the market. They are feeding the system synthetic shares  AND then they are borrowing the same ETF shares that they sold, multiple times, creating even more synthetic shares because they never bought the required GME shares back and just replaced them with cash or security equivalents.
+
+If I think about it even more, they also could legitimately and rightfully produce a "creation basket" and actually deliver the real GME shares that they bought from the market and simply dissolve multiple borrows from the same ETF shares and just keep the GME shares without returning them. This also would create synthetic shares aka naked short position which would allow my speculation about the creation process to not be true. They simply dissolve a single ETF share multiple times without returning the shares they wanna go short on and settle those with cash while the ETF managers don't give a fuck as they make huge money on fees.
+
+But to be honest. I think they are milking the cow at both ends otherwise there wouldn't be 3.3M ETF shares created per day while only 3-10M are outstanding. I could imagine that those are created, directly dissolved and through Loopholes the GME needed for the creation isn't delivered in any case and the whole ETF weighting and representation of stock basket is completely wrong.
+
+While I searched for historical outstanding share data I also stumbled upon this gem:
+
+https://preview.redd.it/be1j2krus4d81.png?width=948&format=png&auto=webp&s=26c96d7fa7ddf2eebc6a3104128c70cbb8391b87
+
+That's the **estimated short interest** for XRT. This data is delivered by ORTEX and ORTEX is describing estimated short interest as following:
+
+>The ORTEX estimate of the number of shares that are shorted.This uses the delayed official exchange data and is adjusted by the relevant percentage change of our intra-day stock lending data to give users another useful estimate of the very latest daily short positioning.
+
+**On the 19th October of 2021 ORTEX estimated (!!!)  a short interest of around 66,000,000 shares.** Yes you read correct. Now calm your milkbags. It's only an estimation from ORTEX but this estimation is putting data together from official exchange sources and intra-day stock lending. Somehow excessive stock lending combined with the official exchange data came to the number of 66M short interest. I compared the estimated short interest with time delayed exchange reported short interest for the whole year and beside big runaways like this one, the lines are pretty much overlaying and being accurate. Something happened in those October days that caused the system to estimate a short interest 3 times the normal already mind blowing short interest. My best guess would be that there was extreme intra-day borrowing of the same shares that just completely busted the calculations of the estimated short interest.
+
+Guys I hope this wasn't too much and you could somehow follow my thought patterns. As I said, I'm no mastermind either and I'm more retarded than you think but all those things like high FTDs, outstanding shares being turned over nearly every day in volume, multiple owners for one share that should be existing, extreme lax ETF regulations and exemptions for market makers and option volume that represents the entire float multiple times. THIS MOTHERFUCKER OF AN ETF IS COMPLETELY RIGGED TO THE TITS AND I'M TIRED OF PRETENDING IT'S NOT. I think that Citadel the MM is abusing it's MM privileges to create synthetics through the creation (not 100% sure)/redemption/borrowing process of ETF shares.
+
+The SEC knows about the XRT situation since many years and even did a report about it. Yet they decided to do absolutely nothing. I can't find the report at the moment but they are mentioning many things that are truly suspicious and if I remember correctly they use naked shorting in regards of the activity going on in XRT. If someone knows about the SEC report I'm talking about then please link it for others to read. My saved posts got messed up by all the DD and comments I had to read over in order to understand this whole XRT fuckery.
+
+Strap your nuts and DRS.
+Let's say that you invested in crypto, and that investment paid off BIG TIME, from night to day you made 50 Million dollars, what would you do? We are talking about life changing money right here.
+
+I know it's unlikely to happen to the normies of this sub, but it's still healthy to dream about getting rich right? It's our goal when investing after all. 
+
+I really want to know your crypto exit plan, but on steroids, 50 Million after all. 
+
+Personally, I would try to keep it as low key as possible, you always hear about people that win the lottery and then get harassed 24/7. And I don't want any of it. So I would try to hide that info as much as I could until I'm actually comfortable.
+
+Then I would save money just to pay taxes, as I always see people forgetting about it and ending up in bad places.
+
+Then I would created another passive income for myself, maybe buy a apartment complex and then rent it? I don't know, but something like that.
+
+What about you?
+
+
+#Edit: Damn so many comments!!
+​
+
+# 0. Preface
+
+Hello apes! I am not a financial advisor and I do not provide financial advice.
+
+There's some hostility over a new term that popped up recently (DSPP). And there's confusion on both sides regarding DSPP versus DRS. I'm here to hopefully settle that confusion. Thank you /u/Snoo_75309 I've seen you pushing this information as well.
+
+TL;DR: **DSPP and DRS accomplish the same thing.** They both result in giving **you** ownership of shares on ComputerShare/GameStop's books. The only difference is that you use one or the other depending on if those shares have already been purchased or not.
+
+In a general sense:
+
+Direct Registration System (**DRS**) = You have already purchased shares at a brokerage. **The brokerage owns these shares** despite you having the shares in your brokerage account under them because the broker purchased the shares in **their** name. **A DRS must be used to transfer ownership from the broker to you.**
+
+Direct Stock Purchase Plan (**DSPP**) = You haven't purchased shares yet. You either do a one-time purchase of shares or set up a recurring purchase of shares through ComputerShare. They route your order to a broker and because the shares are purchased in **your** name, you're automatically registered as the owner of those shares.
+
+And if it's still weird to you, hopefully the charts below will make some more sense of this.
+
+Not really DD so much but uhhh the flair typically gets more traction and I think it's good if the information is spread out.
+
+# 1. Purchasing at a broker results in "beneficial" ownership of the shares. You do not own them - your broker does.
+
+\*Note that Fidelity is simply used as a replacement to the term "broker" to make it easier to understand as an example.
+
+Let's say that you open up a Fidelity account and click to purchase 100x shares of GameStop. What Fidelity will do is take your cash and then send an order to the market. Fidelity receives those shares from the market and credits your account with **"owning"** 100x shares.
+
+Now the problem with the above is that Fidelity took your cash and then placed the order in **their** name. This results in Fidelity being the one who purchased the shares, not you. So, these shares remain free floating as tradable under the DTC and ComputerShare/GameStop does not know that you purchased any shares at all.
+
+Fidelity owns the shares that **you** purchased, and they give you "beneficial ownership" or "street name" ownership to say that they own the shares on your behalf.
+
+[Purchasing Shares Through A Brokerage \(Beneficial Ownership\)](https://preview.redd.it/nas13hb3koq71.png?width=1031&format=png&auto=webp&s=13298bec9901fd9d48778f7ec1d2738050bfb0df)
+
+An even bigger problem that can occur is Fidelity can just take your cash and won't buy shares in the first place, resulting in them placing IOUs / phantoms / counterfeit shares on your account. This would be done through internalization, where the broker sells you shares "against their own inventory" of shares rather than on the market, and they then carry a liability on their balance sheet.
+
+/u/moondawg8432 discussed this and how it's "[Contract For Difference](https://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp)" (CFD) which is illegal in the US. You should take a look at their post for some additional discussion:
+
+[https://www.reddit.com/r/Superstonk/comments/py33nd/i\_am\_going\_to\_say\_it\_brokers\_are\_breaking\_the\_law/](https://www.reddit.com/r/Superstonk/comments/py33nd/i_am_going_to_say_it_brokers_are_breaking_the_law/)
+
+We've seen some peculiar cost basis changes of their shares when apes transferred brokers or registered their shares. While it's not screaming evidence of them internalizing orders, it's still quite concerning and points towards it.
+
+It's something that happened before with CMKM Diamond when they registered their shares. They found that the brokers would take cash and not even buy shares by internalizing the orders, eventually leading to the trillions of phantom shares for that security:
+
+>NHH directed all shareholders to obtain their stock certificates and exchange them for new shares. That‘s when the masses of phantom shares and corruption of some big brokers came into stark view. **Many investors discovered that their brokers had taken their money and never bought or received CMKM shares.** \- [Source](https://www.thekomisarscoop.com/2020/03/how-phantom-shares-on-wall-street-threaten-u-s-companies-and-investors/)
+
+Which then leads the brokers being able to legally say they're not lending **"your"** shares because they don't even have them in the first place.
+
+But that's all getting out of scope of this post - it was worth mentioning so that discussion still flows regarding CFD.
+
+# 2. DRS must be used for shares currently under a brokerage account to transfer them to YOU.
+
+Going back, there is now only one option for you if you want to change ownership of shares **from the** **brokerage to you**. Because these shares have already been purchased and are "Street Name" owned, they need to be transferred from the brokerage account.
+
+The broker will initiate the request with ComputerShare and the DRS process is handled between the two counterparties. When it's finalized, share ownership is officially moved from the broker/DTC and into your name.
+
+The broker loses ownership and you gain ownership - and thus part of the float is locked up.
+
+[Direct Registering Shares \(Street \\"Beneficial\\" --\> Book Ownership\)](https://preview.redd.it/6jb00knokoq71.png?width=1031&format=png&auto=webp&s=c9680415b7363cc73bba797a30119c1d9bf436a5)
+
+# 3. DSPP is a program provided by ComputerShare for new share purchases to immediately be registered in your name
+
+But now what the hell is the Direct Stock Purchase Plan (DSPP) that has been floated in comments and posts lately?
+
+I've seen comments about how DSPP is the way and DRS is a distraction, but that's not the case since they both accomplish the same thing. DSPP and DRS both register shares in your name, it just depends on where those shares are currently located.
+
+**Unlike DRS which is for shares that were already purchased and in a brokerage account, DSPP is for new shares that have yet to be purchased.**
+
+The old [archaic way](https://www.investopedia.com/terms/d/directstockpurchaseplan.asp) of DSPP was that you'd enter into a cyclical purchase plan to buy stock directly from the company themselves when they issued new shares, bypassing the broker completely. That method has since died off mostly because GameStop isn't issuing new shares and most companies haven't participated in the service for the past two decades.
+
+That all being said, there are now "DSPPs" offered through transfer agents, which are still functionally the same by getting you direct ownership of the stock. The difference is that the shares have already been issued and are in circulation so it is not directly sold to you from the company.
+
+You've probably seen the below in a few ComputerShare posts and wondered why it says "DirectStock Plan":
+
+[ComputerShare DirectStock Plan](https://preview.redd.it/u2jjp97eroq71.png?width=553&format=png&auto=webp&s=c53f18b13ff2d6ce6202bada94c3a1b6e49aaf7f)
+
+The above means that the user has purchased **completely new shares** through ComputerShare versus a DRS request to transfer their shares from the broker. ComputerShare allows you to enter into a "DSPP" in which you purchase shares on the lit exchange and it immediately gives **you** ownership because you purchased the shares in your name. You're no longer under a brokerage in this case, so the brokerage can't take ownership of the shares.
+
+For this case, you'd open up a ComputerShare account and click to purchase GameStop shares. ComputerShare routes your order to a broker in your name, resulting in the shares coming back as purchased by **you** which ComputerShare then marks down as you having ownership of the stock.
+
+And if desired, you can enter into a cyclical "plan" where a recurring investment occurs to buy additional shares the same exact way.
+
+[Direct Stock Purchase Plan \(DSPP\)](https://preview.redd.it/wocg3kjlwoq71.png?width=1031&format=png&auto=webp&s=f78383714233f6f0272bf97a4497101dfde7d1e9)
+
+# 4. Conclusion
+
+There is no benefit of one over the other when it comes to DRS vs DSPP as they are both stock registration methods. Neither one is a "distraction".
+
+If you currently **have shares** in a brokerage account, you must use **DRS** to transfer those shares over to register ownership because the broker currently owns the shares, not you.
+
+If you currently **do not have shares**, then you can utilize **DSPP** through ComputerShare to immediately get those registered in your name when they're purchased because you are bypassing the step of having "beneficial ownership" through the broker.
+• I work for my county and make around 91k a year
+
+• I don’t really have much of a savings cause I invest most of my money
+
+• I don’t necessarily hate my job but I just hate working...especially 40 hours/week
+
+•I try not to have a FIRE date cause seeing anything more than a year is depressing. 
+
+Idk who else has seen the movie “The Secret Life of Walter Mitty” but I feel just like the main character. I’m constantly checking out of reality and daydreaming of a more simple life. I often day dream of traveling to different country or waking up in a camp site to a beautiful view and slowly drinking my coffee. I checked out of my workout earlier and started imagining what it would be like to pack my bags, grab a road bike, and just start making my way across the country to see all the beautiful sights. 
+
+I’m not asking for advice. Just wanting to see if you guys are similar. Any thoughts and comments would be appreciated. Thanks!
+
+UPDATE!!! 
+
+Just quit my job for one that pays a lot less and has no benefits, but has way less stress and a schedule that lets me leave whenever. This way I’ll start planning more trips throughout the year!
+Yesterday the BoE's chief economist [said that](https://www.theguardian.com/business/2021/feb/12/british-families-ready-to-spend-billions-says-bank-of-england-man) there's a load of pent up demand in the economy as after the pandemic people will have saved a lot of money and will be going on spending sprees.
+
+Is this overstated? I can imagine people doing a bit of short term celebrating especially in hospitality and leisure, but surely in most cases anyone who has been spending less on going out, transport etc over the pandemic has either been spending it on other things already, or has been paying down debts, and after the pandemic their spending will likely return to normal levels, not higher.
+
+And of course a lot of people have lost their jobs over this period.
+
+I think in order to claim there's pent up demand you need to be able to point at something that people can't buy now that they will want to in the future. Other than leisure and hospitality I can't think of much that fits into that category.
+
+Obviously businesses that are currently closed will be spending more too, but again I'm not sure that will be higher than normal levels.
+(This probably wouldnt apply to someone who got one big windfall of say 50million or something)
+
+But at what net worths have you noticed a significant boost in your quality of life??
+
+I’ve passed 1million a while back, but notice I really live the same life I did back when my net worth was say, 300k.
+
+I’ve read online 5mm is a big step-change.
+and 10mm as well.
+
+But would you say 10mm-20mm is essentially the “same life”??
+
+Thx in advance.
+First off, I want to open with: I’ve been a lurker for a long time and to be frank you guys scare the heck out of me. you are brutal and often quite ruthless to newbies so I implore you to go easy on me. I’m here to learn from you wise ole elders, and am open to knowledge and constructive criticism.
+
+My partner got a job out of state, so we put house up for sale. The closer it got the more I realized how much I love this house so we put it up for rent and it rented immediately. It was the least expensive home in our zip code and I’m still making a $1,000 per month profit.
+
+We will be buying in the new state. Living in that home for 2 years and then plan to rent that one out.
+
+Our 2 year goal is to save enough for a down payment on a 3rd vacation property in the mountains near us.
+
+I am wondering if someone can point me in the right direction on how to become a landlord and cover ALL of my bases. I have plenty of time to study the laws on the vacation property, but renting out my own home was a pleasant surprise and this is happening this month.
+
+I already have a CPA helping me with the taxes, a realtor I trust heavily vetting tenants, and the option for a property management company. The realtor has a lawyer who will draw up all paperwork. I’m purchasing landlord insurance before anyone steps foot in the house.
+
+Is there anything else I need to be doing immediately to cover myself?
+
+I love to learn and am really looking forward to all of this. I also can’t wait to keep learning from you guys and continue investing.
+ As a recession is around the corner in the UK, many people including myself are waiting for property prices to drop in hopes to buy in at reduced property prices. Although interest rates for mortgages may be higher, the general consensus appears to be that the overall reduction in house price justifies buying during a recession.
+
+​
+
+However, if most people are aware of this, wouldn't this mean there would be even MORE demand during a recession as everyone wants in at discounted prices? Causing even more supply shortages and for prices to not change at all?
+
+​
+
+Any explanation would be greatly appreciated!
+I currently have 32 doors and they are driving me nuts. With the stock market about to drop I entertain the thought of selling everything I have and rolling it into a stock market decline often.
+
+I only started buying in 2018 so I've mostly been buying and not selling so all the fees that come along with selling the properties I'm not 100% on. From what I know there's going to be four fees:
+
+-Realtor fees of likely 6%
+
+-Bank documentation fees
+
+-Prorated property taxes
+
+-Capital gains minus depreciation recapture 
+
+The one I'm thinking I might be able to leverage is capital gains. I quit my job 3 months ago and I'm thinking if I could keep that going for a while with the repairs on the properties I could probably swing an AGI of under 40k (on my tax return). Technically capital gains tax rate for individuals with annual income under 40K is 0%. 
+
+With that information in mind, do you think it's possible I could sell $2 million in properties and not pay capital gains due to a low AGI?
+I work IT for one of the big four.  I am looking to start investing into a Vanguard index fund, specifically the FTSE Global All Cap Index Fund.
+I plan on investing into this account monthly with a small starting lump sum for the long term. 
+
+I have read the compliance documents and it stated that I won't need to let them know as long as I'm investing into a collective investment fund - would I be okay to just invest the lump sum right now, or is the situation complex enough that I should just wait til Monday and ask to be safe?
+There is a poster spamming posts that amount to "Chill out it's nothing", so far counting 33 comments between the largest submissions on the sub. 
+
+Their proof is linking to the general boilerplate website where the things they say are technically correct. 4 week bonds are offered every Thursday, 40 Bil sold is the recent average, and the interest has been incredibly low the past few weeks. This is correct BUT incredibly misleading and any explanation past those points have been ignored or brushed off. 
+
+So I looked at every announcement since Jan 2019 and shit's fucked yo.
+
+Just glancing at 2019 shows that:  
+
+[Max Interest topped out at 2.47% March 21st](https://imgur.com/2ju2Bzp) 
+ 
+[Max Interest bottomed out at 1.51% Dec 19th](https://imgur.com/veU807L)  
+
+With sales averaging 40-60 Billion dollars per week with some dips to the 30's
+
+**We see pretty steady decline in interest rate for these pretty low tier bonds in 2019 but 2020 is where the fun begins**
+
+Jan - Feb was very consistent, much more than 2019 as a whole with Max interest staying around 1.5% and Volume between 30-50Bil sales.
+
+[Jan 9th 2020](https://imgur.com/OUQvnP3)  
+[Jan 23rd 2020](https://imgur.com/m18XB53)  
+[Feb 6th 2020](https://imgur.com/aBGVsvr)  
+[Feb 27th 2020](https://imgur.com/ppX9jba)  
+
+Then the Crash happened  
+[March 5th 2020 0.925% 50 Bil sales](https://imgur.com/iAh6TOj)  
+[March 12th 2020 0.395% 50 Bil sales](https://imgur.com/ZIGOu8R)  
+[March 19th 2020 0.030% 50 Bil sales](https://imgur.com/kbXYV3f)  
+[March 26th 2020 THE BOTTOM OF THE CRASH **0.000%** 60 Bil sales](https://imgur.com/7wd68bU)
+
+Some more silliness happens between April -> June where interest swings between 0.090% and .190% but volume explodes to between 70-90 Bil sales every 4 weeks. 
+ 
+[April 2nd 2020 0.090% 80 Bill sales](https://imgur.com/fUuKm6n)  
+[April 9th 2020 0.190% 90 Bill sales](https://imgur.com/iH3kawP)  
+[May 28th 2020 0.130% 80 Bill sales](https://imgur.com/FhOyl5p)  
+[June 11th 2020 0.130% 70 Bill sales](https://imgur.com/KRzjhbh)  
+
+Volume then drops gradually until late July where they stay stagnant at 0.070%-0.090% and exactly 30 Bil Sales    
+
+[July 23rd 2020 0.080% 30 Bil sales](https://imgur.com/NKx0ySV)  
+[Dec 31st 2020 0.080% 30 Bill sales ](https://imgur.com/PjaKSo4)  
+
+2021 has just been sad as these bonds have been slowly dying starting at 0.080% they have been dropping every week consistently until we hit 0.000% today. Volume stayed at exactly 30 Bil sales from Jan -> March 11th then switching to exactly 40 Bil sales every time till today.
+
+[Jan 7th 2021 0.080% 30 Bil sales](https://imgur.com/So6FBFn)    
+[March 11th 2021 0.030% 30 Bil sales](https://imgur.com/ZDs3O2K)  
+[March 18th 2021 0.005% 40 Bil sales](https://imgur.com/4YV0j4w)  
+[April 29th 2021 **0.000%** 40 Bil sales](https://imgur.com/YhdU86L)  
+
+**Conclusion**  
+
+The volume isn't what's alarming, yet, the ***interest*** is. For years the interest for these Bonds have been declining, then Covid body slammed them into the ground where the last time we had Zero Coupon Bonds was at the bottom of the covid crash. They then recovered for a bit after. But so far they have been slowly walking towards their death since January and we now see Zero Coupon Bonds that were auctioned off today. What does this mean? Nothing good I believe. 
+
+Edit:   
+With the exception of March 26th this is what happens to 4 week bonds after they hit 0% since 08  
+[08 0% 4 week](https://imgur.com/cdbJIEV)    
+[13, 14, 15 0%](https://imgur.com/fiokO0a)
+
+
+**Source**
+https://www.treasurydirect.gov/instit/annceresult/press/press_auctionresults.htm  
+[Post explaining Zero Coupon Bonds](https://www.reddit.com/r/Superstonk/comments/n19kgr/zerocoupon_bonds/)
+The market has been in a sideways movement since early June, the bear market has been going on for 11 months and I think this cycle will end soon. BTC made a breakout of the downtrend line, the trading volumes are increasing, maybe this is a bull market signal? 
+
+https://preview.redd.it/ezq1nn1hjzr91.png?width=1626&format=png&auto=webp&s=23cd8b18f009a560ff737d65314333a353eb939f
+
+In my opinion it is possible, also some altcoins are looking very attractive, especially after BTC broke through the downtrend, and here are some of them 
+
+**IOTA :**
+
+Everything is moving towards a breakdown of the downtrend line. The coin had abnormal volumes a few days ago which can only mean one thing, the big players are starting to buy this coin, it is possible the testing of support levels, but in my opinion it is unlikely, the exit from the downtrend should happen earlier  
+
+
+https://preview.redd.it/sjzdy4cjjzr91.png?width=1626&format=png&auto=webp&s=abb9c380f8c5191b93332dc22cb26ec42a08abea
+
+**VLX :**
+
+The downtrend was broken earlier and as you can see on the chart, there are also abnormal volumes on the coin and they most likely also mean purchases of big players, the coin is now testing resistance level, which must be broken, because a few days ago were record trading volumes, and because the coin has a small market capitalization, in the near future can expect some X's.
+
+​
+
+https://preview.redd.it/ty30uhnkjzr91.png?width=1620&format=png&auto=webp&s=9ab3b30420ffc4fda380528f27d3df170c662174
+
+**BAT :**
+
+It is testing the support level after the breakdown of the downtrend line, this support level is also historical, which means that the coin should not go lower, RSI allows the growth to the resistance level, after which in my opinion will be a slight correction and the growth to 0.6 $.  
+
+
+https://preview.redd.it/j3lr4qjmjzr91.png?width=1623&format=png&auto=webp&s=d8fdc73b44ba9876ce66b4231b940e3f960f7b77
+
+Here are some of the coins that I am now actively adding to my portfolio, and also engaged in search of other options, and what do you think about it?
+Title speaks for itself. I lost 40% of my net worth this year, a six figure number. Painful AF. Want to hear what other folks are going through right now. 
+
+​
+
+So, what percentage of your net worth have you lost? This can also be a place for people that made money this year to brag, how much are you up?
+I am curious what your thoughts are on this from a FIRE standpoint. 
+
+**My current job:**
+
+ - Great team and boss
+- Mostly stress free, semi flexible schedule
+- Average benefits
+- Great work life balance
+- Room to learn more but not necessarily move up (maxed out)
+- It’s mostly work from home. 
+
+All this is for about 110k, about ~20% below average. 
+
+I have opportunity to jump ship to a similar position for a ~25k salary increase, with slightly better benefits. The new job may have a commute of about an hour each way once a week (hybrid wfh). 
+
+I really like and enjoy my current job and have doubled my salary in 6 years, but realize that that I can’t hit the higher salary brackets without moving. 
+
+How do you decide when to risk the comfort and move? Specially from a FIRE standpoint? One can probably just “coast” but if it accelerates your FIRE plans by 5 years, is it better to take the risk? On one hand my job can be considered a “dream job” by many, but I can also be making 20-30% more.
+Let's go by definition of what a Cape Ratio (Shiller PE) is:
+
+
+ "The **Cyclically Adjusted Price-to-Earnings** ratio, commonly known as CAPE, Shiller P/E, or P/E 10 ratio, is a valuation measure usually applied to the US S&P 500 equity market. It is defined as price divided by the average of ten years of earnings, adjusted for inflation. - Wikipedia
+
+
+Why is this important? Where is this coming from all of a sudden? Well fellow apes, I would like to explain to you what this means for us, the stocks we invested in and the market going forward. The first thing we need to identify is what a healthy CAPE ratio is :
+
+ "The average P/E for the S&P 500 has historically ranged from **13 to 15.** For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings. The high multiple indicates that investors expect higher growth from the company compared to the overall market." (Fortune.com).
+
+The market is healthy when our cape ratio is low, correct? Well take a look at our current cape ratio:
+
+
+ http://imgur.com/gallery/h938JyQ
+
+
+Intresting isnt it? This is the latest reporting of it as well. Some of you guys may ask "well that doesnt mean it's always this high, and that is true, however.. history shows that whenever our CAPE was high, we were bound to crash afterwards. Lets take a look at this chart: 
+
+
+ https://imgur.com/a/bDMpg4F
+
+
+It's a bit basic but it follows a trend, Still dont see how bad our situation is? Let me show you the trend for our cape rate from 2017-present: 
+
+
+ https://imgur.com/a/V7YKOY2
+
+
+This goes in line with the story of PLTR buying 50 million USD worth of Gold Bullion because their AI is "Predicting a Black Swan event" in our market. This AI has the ability to predict things before it happened, it found Osama Bin Laden for example. 
+
+
+Edit 2:
+ https://www.reddit.com/r/stocks/comments/p6wamx/blacksky_and_palantir_collaboration_aids/?utm_medium=android_app&utm_source=share
+
+https://www.reddit.com/r/stocks/comments/p6gk2y/palantir_buys_gold_bars_as_hedge_against_black/?utm_medium=android_app&utm_source=share
+
+Another thing Id like to point out is that the cape rate has crashed 3 major times in our history: 
+
+
+1929 (Great Depression) Cape rate was 39
+
+
+2000 (DOT.COM bubble) was 43.53
+
+
+2008 (Great Recession) was 24.02
+
+
+Edit: We are currently Rumored to be at 39.17 as of writing
+
+I would like for you all to read up on this article and decide for yourselves how you think this lokks for us. **We are not headed for another Recession, we're going towards more of a Great Depression in my opinion.**
+
+https://www.advisorperspectives.com/articles/2020/07/20/the-remarkable-accuracy-of-cape-as-a-predictor-of-returns-1
+
+
+
+Side note post:
+
+
+Interestingly enough, there are several key factors that also contribute to a crash. However, one common denominator of these crashes is one thing: Margin. Not the only component of one, but one of the key recipes for one. In this vase, we are talking about overleveraging.
+
+Take this excerpt from Britannica when discussing 4 key reasons why the Great Depression happened: 
+
+"The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion. As stock prices rose to unprecedented levels, investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock. By the end of the decade hundreds of millions of shares were being carried on margin, meaning that their purchase price was financed with loans to be repaid with profits generated from ever-increasing share prices. Once prices began their inevitable decline in October 1929, millions of overextended shareholders fell into a panic and rushed to liquidate their holdings, exacerbating the decline and engendering further panic. Between September and November, stock prices fell 33 percent. The result was a profound psychological shock and a loss of confidence in the economy among both consumers and businesses. Accordingly, consumer spending, especially on durable goods, and business investment were drastically curtailed, leading to reduced industrial output and job losses, which further reduced spending and inflation. Britannica.
+
+
+Think about who is Over-Leveraged and Dont Fucking Dance. 
+
+Goodnight
+So as an econ undergrad, I can't really wrap my mind around this question, and it's driving me crazy: what kind of hypothesis becomes a law in the field of economics? 
+
+In the rest of the sciences, as far as I know, a law is usually an empirical regularity or observation, while a theory is an over-arching explanation of a particular phenomenon, that generates testable hypotheses (even though the theory itself can't really be proven). 
+
+Thus, there is the law of gravity (just tells you about the gravitational attraction between two objects through a formula) and the theory of gravity (tries to explain why this attraction exists). And there are many more examples, such as atomic theory, the laws of thermodynamics, Newton's laws of motion, the theory of evolution, etc.
+
+However, its usage in economics seems confusing to me. For one thing, you've got laws such as the laws of supply and demand which claim that ceteris paribus, a given change in the price of a good determines the movement of its quantity supplied/demanded. This requires no empirical verification, it's both logical and intuitive in the framework of consumer theory and production theory. 
+
+Then there are laws which derive correlations strictly from real data (it holds at least for the most part), such as Okun's Law, which approximates (imho) more closely the essence of a scientific law.
+
+But then there are also correlations that don't seem to ever achieve the status of a law at all. For example, there's a lot of empirical evidence that points to a strong correlation between the level of prices and the supply of money. Yet this hypothesis is called the Quantity THEORY of money, not law. What gives?
+
+Is there something I'm missing here? Or is maybe my usage of the terms misguided? I'd really appreciate some help. Thanks in advance! :)
+Given the recent events of r/wallstreetbets and their fight against hedge fund managers short selling, how do proponents of the EMH explain what is transpiring?
+I may not understand this because free trade and laissez faire for me sound somewhat similar.
+
+It is probably an undergrad understandment to divide economics into differents schools of thought.
+
+But my question was because of that. What exactly makes laissez faire economics so bad that we had to divorce their ideas from mainstream free trade advocacy?
+I was watching a video on the federal reserve system and who “controls” the money in the US, and in it, they had this to say:
+
+“Everywhere a central bank went there would be wealth inequality, wild swings between economic booms and busts and after each bust, those at the top mysteriously came out richer while everyone else got poorer.” 
+
+So this confuses me. *How* exactly does central banking lead to the problems listed? And then what’s the alternative to central banking? Just having everyone print their own money? I am also unsure what is meant by “controlling” the money. Does that just mean controlling how much money is printed? Because on other sites, it says the federal reserve controls the value of currency. But how does that work exactly?
+I am interested in economics and a local CC has a principles of macroeconomics class. Am a fool in thinking I would learn a lot from it? I would be taking it as a nondegree student.
+Sources: 
+
+[https://wid.world/country/united-arab-emirates/](https://wid.world/country/united-arab-emirates/)
+
+[https://data.worldbank.org/indicator/SI.POV.GINI?end=2018&locations=AE&start=2018&view=map](https://data.worldbank.org/indicator/SI.POV.GINI?end=2018&locations=AE&start=2018&view=map)
+For every dollar spent by the US government on planes, bombs, tanks, guns, etc. how much is recuperated in tax revenue from companies that see an increased profit from this spending (Boeing, Raytheon, General Dynamics, etc.)?
+
+
+Additionally, this military spending is essentially economic stimulus by encouraging capital expenditures and employment. If you factor out the benefits of the aforementioned point plus this additional one, can we get a true cost of military spending?
+
+
+I’ve looked forever for a relevant study and ended up empty handed! Any input is appreciated, thanks.
+Especially in Denmark, Sweden, etc. If I were an entrepreneur, I wouldn't want to start a business in any of those countries. Am I missing something? (Also, I posted a similar question in r/AskEurope but got downvoted because the way I phrased it was quite ignorant and I apologize for it.) Also, would high taxes/social democracy work in developing countries?
+
+Apparently it'd be difficult for social democracy to work in the developing world. What about anarcho-capitalism?
+I've been thinking about the stock market recently and why prices of shares go up and go down and it doesn't really make sense to me other than herd mentality or that investors are "taught" that way.
+
+Say for example, company A is a smartphone company. Company A just announced that it has beat earnings by 25%. For some reason, the stocks will soar up. But I can't understand why. Stocks is just the market valuation of that firm. It is simply what the market or a WHOLE BUNCH of thousands and maybe millions of investors THINK or believe the company is worth. However, I feel like the earnings actually have no impact on the stocks. People typically try to talk about numbers and how much this company sold or the projected sales in the upcoming months or quarters. But I don't think that really matters because it's all based on what the market investors believe it is. I don't think those numbers matter at all. In the end, it's what the investors THINK that these numbers mean to them. I've seen good earnings report that caused a stock to drop and I've seen bad earnings report that made shares go up.
+
+I remember about a year and a half ago when Tilray, the fairly small Marijuana company was so pumped up that its market cap was greater than General Mills. I think that is the perfect example of it. I remember seeing the earnings missing expectations and still seeing the shares skyrocket during After Hours trading.
+
+​
+
+I feel like it all comes down to what each investor thinks other investors would do. So if the earnings come out great or a new product is launched, Investor A starts buying because he believes Investor B and Investor C will buy too. And Investor C thinks A and B will buy also because they were "taught" that these investors will buy so ultimately the prices go up. So it's essentially a psychology and a mind game.
+
+I was talking to a friend of mine about this and I think the best example is, say you live in a frat house with 6-7 roommates. 1 roommate has a bunch of shares out that the rest of the 6 is holding that determines his "value". They trade amongst themselves. Then suddenly, that one roommate gets a massive raise or bonus at work. Then for some reason the rest of the roommates start trading and driving up the prices of the "shares" and "valuing" that other roommate higher. But in reality, nothing inherently happens to the rest of the roommates. The other roommate isn't going to be giving away any of this new raise or bonus (analogy for dividends). He pockets it. So those other roommates get nothing except that the shares in the house goes up in "value" because they believe so. I think this is analogous to companies.
+If you are a regular to this sub like me you will often seen articles and posts about lack of housing affordability, the generational wealth divide, slowly growing gap between the rich and poor or how recessions mostly affect the young and poor. 
+
+
+So does anyone else worry about their financial future ? Whether its about housing affordability, being a 'forever renter', never being able to afford a home of your own, lack of jobs or opportunities, mass job losses, stagnant wages, not having enough super to retire on, retiring in poverty or just working til the day you die ? 
+
+
+I don't know, I'm just tired and annoyed that no matter how much I budget, cost cut, and save it never feels like its  enough and I feel like I may as well end up being the 'working poor'. 
+
+
+Anyone else feel the same way ? Discuss.
+NY times posted [this](https://www.nytimes.com/2021/04/22/business/biden-taxes.html) at 11:51 AM
+
+Bloomberg posted [this](https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy) at 1:06 PM, literally 1 minute before the first red bar of today's drop at 1:07
+I think it's a no brainier. The SEC is using a horrible excuse to go after Crypto. They are constantly waging a propaganda campaign against Crypto. To state their own concerns, they call Crypto a "flavor of the year for fraudsters". Yet despite them trying to look like saints, they continue to lobby for banks.
+
+They call Crypto a ponzi scheme while completely ignoring the shit banks do. The entire purpose of banks is to take your money and scam you by giving you a horrible interest rate while using the same money to loan to others and saddle them with debt using high interest rates. If this doesn't sound like a scam or a ponzi scheme, then I don't know what is.
+
+Moreover, their entire motive for going after Crypto is to save banks. Imagine if everyone knew about Crypto. Who the fuck on earth would deposit their money into banks for a 0.01% interest rate while they could put that money into any Crypto exchange for an interest rate hundeds or even thousands of times more? Their entire pursuit is to stop Crypto from giving banks a run for their money.
+
+These people have a mindset from the 19th century and are funded by banks. They keep trying to convince people that banks are superior and that [Crypto won't last long](https://www.wsj.com/articles/secs-gensler-doesnt-see-cryptocurrencies-lasting-long-11632246355). They can't cope with the fact that Crypto is already becoming legal tender of some countries in just 10 years of existence, while banks are failing due to their shady policies.
+
+But alas, Crypto is used for scams right? I mean, even if you look at some of the most high level Crypto scams, it is nothing considered to the scams you can fall for using banks and fiat. Banks themselves are scamming people at an institutional level. Yet these people ignore banks because their paycheck relies on them.
+
+TLDR: Fuck the SEC. Their only way to cope is to spread a bad PR campaign against Crypto while shielding banks from anything that comes towards them. Fortunately, these 80 year old corrupt politicians and billionaires can only live for so long.
+[Jony Ive to leave Apple to form independent design company with Apple as client.](https://www.apple.com/newsroom/2019/06/jony-ive-to-form-independent-design-company-with-apple-as-client/)
+Good afternoon r/dividends,
+
+I am reaching out to this community to ask for some investment advice.  Advice not for me, but for you the community. 
+
+Specifically on the idea of choosing individual stocks versus ETFs.  This is a debate that splits this community straight down the middle.  And every month we have a post bringing it up. So here is my solution to this issue.
+
+Normally I would entrust myself or another mod to write an article for the wiki about it. But unfortunately I do not want to be biased (I know. Big letdown) since I am firmly against ETFs in my personal portfolio (controversial stance).  
+
+So I figure lets bring the community in on this. Four articles total.
+
+Article 1: The Argument in favor of Individual Stocks
+Article 2: The Argument against Individual Stocks
+Article 3: The Argument in favor of ETFs
+Article 4: The Argument against ETFs
+
+Anyone may submit ideas and paragraphs of text for this post. If we use even a single sentence of your post, you will be credited both on the article itself and with a beautiful flair that will be a custom text and color, issued once, and never again.  
+
+You could write an entire 500 word essay. Or you can write a paragraph. It does not matter. The mod team (aka u/SouthernCriticism and I) will look through the comments on this thread, and we will objectively editorialize the comments into a cohesive written work. 
+
+If you do not feel comfortable posting your submission on this post, you may send it via modmail. Do not direct message individual moderators.
+
+Pros of this approach:
+
+- Once this project is complete, you will never see another post on this subreddit asking which is better (because we will remove them and direct them to your community written articles).
+
+- Custom flair.
+
+- The joy and satisfaction of being a winner on the internet.
+
+The cons of this approach:
+
+- No clue. 
+
+
+
+Note: You are free to contribute information to multiple articles with a single comment. These articles should not be focused on excluding the other.
+
+Copying investopedia does not count. 
+
+PS. This poll is just to satisfy my own curiosity.
+
+[View Poll](https://www.reddit.com/poll/joy8pw)
+Recently Jerome Powell signaled more aggressive rate hikes than previously anticipated. 
+
+Simply put, the gasoline that powers REITs is debt. They need to borrow money to buy properties to rent out to generate income to pay dividends and grow. 
+
+As interest rates go up, REITs will either have to borrow less, or pay more to borrow the same amount, thus increasing their debt. Furthermore, if during this time, the interest rate hikes cause the economy and inflation to slow down (as the fed is hoping), then the rents REITs collect will not increase in tandem with the new, higher, cost of borrowing money. 
+
+On the other hand, REITs that have high occupancy rates, reliable tenants, and function in an in demand industry, will have continued cash flow, even if they have to cut back on borrowing and expanding. 
+
+What are your thoughts? Are hard times about to befall REITs, or is this their time to shine?
+Just by reading the title you know what this is about. I lost money to AMC, GME. Not anywhere near people I see in WSB, but right now, I am down $1500. I know this is loose change for a lot of you and honestly, it's not an amount that's going to put me on the street or anything,  but it was my summer earnings that I saved for a trip to New York and cities around (I am from Canada). 
+
+I am a business student, currently in University and investment finance always seemed very interesting and fascinating to me. So, since Canada banned non-essential travels between US/Canada borders, I was left with vacation money which was around 3000 USD. 
+
+Instead of putting it in a savings account, I decided to finally start investing. I was using subs like r/stocks, r/personalfinance, r/personalfinancecanada for forums and was doing my own market research (the best somebody can do with little knowledge), learning, and was super excited to finally find a sector I wanted to invest in. Renewable Energy. I invested all of my $3000 in $PLUG, $FCELL and the rest in companies that are safe like $AAPL, $WELL. It was fantastic. In just around 2 months, I made over 40% on my 3000$ capital and I was really proud of myself. I was motivated to do more research, learn more, and I felt good about myself (University grades were great, potential internships coming soon hopefully), it was just perfect. 
+
+And then the GME, AMC thing started. So much contents, memes, to the moon post, that at one point, I completely lost my common sense, my rational part of the brain stopped working, I went from speaking like a normal person to... You know what I am talking about. My emoji recommendation changed to the rocket, diamonds, it's like I completely lost myself into a wild cocaine party full of booze and tequila marijuana smoothie with mushroom garnitures and I drank them all and decided to become a R... (As they say).
+
+My senses came back today morning once I finally noticed what I had actually done, and realized how much I went against all the single concepts and fundamentals I used to start trading. 
+
+I am still holding, because well, market's closed but I seriously don't know what to do. Good companies go back up. Gamestop has nothing backing itself up except rumours of a potential short saueeze and faith of millions who went all in. 
+
+
+It's not the $3000 (net) that's bothering me, it's just that, I started out like a normal person who was doing amazing and got turned into a cult member. I am not hating into anybody of WSB, I don't even blame them. I blame my own judgement. I learnt my lesson but then again, it's not like I didn't know what I was getting into. It was mostly stupidity and greed I think. 
+
+Any advice, any suggestion, any smack in the head, reality check would be appreciated. Sorry for the rant. This is the only sane community that deals with stocks currently.
+
+Edit: I would like to thank you all for all these amazing advices, for your support and for sharing your perspectives. They are interesting and motivating. I would love to reply to all of your comments but it's getting tougher and tougher with so many responses. I just want you to know, I really appreciate it and I am grateful for all these rational explanations.
+
+Edit 2: To all of you WallStreetBets people, who are directly attacking me personally in comments or inbox, I get your sentiment and I just want you all to know I don't hold anything against any of you. I hope it hits the moon so that I regret giving up, and you all make up your loss. I feel better even if it makes me 'weak' and 'paper handed'.
+ Looks like I have used up all my brain cells on this one and still can figure this shit out...
+
+So I have generally ICs are a combination of put spread and call spreads with objective that the price will be in a range, which uses a bit of margin...
+
+Scenario 1 Traditional IC:
+
+I make traditional IC with 1SD spread and I get 115 at expiry but the collateral ($ 250) is blocked until then.
+
+Scenario 2 Stupid IC:
+
+I make IC with calls and it costs me $140 upfront, though I profit only $110 ($5 less than traditional IC also lose $5 more if the planets don't align up) and still use the remaining $110 to lose on other shitty trades...
+
+So my question is why in the world would use traditional IC and not the Stupid IC is it just the $5 gap and not the opportunity cost of liquid money..?.
+
+Is it just me or do I need to apply for the Nobel prize in economics for this discovery?
+
+​
+
+https://preview.redd.it/1b1yr00qws181.png?width=500&format=png&auto=webp&s=150e75f1a246a2b122406a72edfe9c878413af8e
+I'm a California resident if that's relevant. 
+
+Also, my health insurance covers both hospitals. However, the insurance rep said they rejected the claim from the first hospital b/c they feel it's a bogus charge. He also said that unfortunately this does not stop the hospital from simply forwarding the bill to me. Any advice before I contact the hospital would be really appreciated, thanks
+
+**[UPDATED]** **I spoke to the billing department, was super nice to the woman and explained what happened. She asked me to call her back in 10 days by which point she will have had time to review my records.  She said if I didn't receive treatment then she can probably dismiss the bill.**
+link:
+
+https://www.cnbc.com/2018/01/17/visa-will-not-process-bitcoin-transactions-says-ceo-alfred-kelly.html
+
+
+
+>    "We will only process fiat currency-based transactions," said Visa CEO Alfred Kelly.
+
+
+>    Kelly said he does not view bitcoin as a "payment system player."
+
+>Bitcoin is more of a "speculative commodity" to invest in, Kelly said.
+
+
+
+I think this is interesting because as I understand it, speculators are investing on the basis that one day these currencies will be accepted globally as universal currency. But if Visa won't accept it........
+
+Hey everyone, I'm planning to buy a duplex/triplex/fourplex within the next 14 months (really whenever one pops up and the numbers and pricing make sense in that time span). I'm wondering if anyone has experience using 10% down on a conventional? I have enough to put 20% down but I'm young so I'd prefer to leave that in riskier investments that will have a much higher yield than possible with what I'd save in payments on the difference. Going to work with some local banks next week.
+They've been going downhill for a while but recently it's hard not to see the agenda they've been pushing. Recent articles are light on facts and almost wishful think, like they want to will into existence a recession. Lots of their articles nowadays lack hard numbers but feature one or two interviews to push a narrative. I don't want this to get political so not even gonna get into their opinion pieces. 
+
+Accurate information is fundamental to making money in the market. Ending my subscription at the end of this month. WSJ used to be gold standard but FT and Economist seem to be better options now.
+Is it just me or are the prices of mangoes absolutely bonkers this year?
+
+If so, why? Backpacker shortage? Weather? 
+
+​
+
+I'm afraid I'm not prepared to pay $3.50+ for 1 mango, so I haven't had a single mango.
+My wife and I are in our early 30s, have no debt, and have paid off our first homes mortgage. Financially we are very stable and don't plan on having kids in the next 3-5 years. If anything we'd adopt. 
+
+We are highly considering moving into another house in our current neighborhood. Our house is worth about $190k. The houses we are looking at are going for $240k and $300k.
+
+We each make $70k a year for a total of $140k.
+
+Do we really need a realtor if both are for sale by owner? Is there a step by step procedure or pre-written contracts available? Hoping to avoid the extra cost as we are kind of diy people, but seeing as you only buy a few houses in your life, is it worth paying for a realtor regardless?
+Hi All
+
+Between 2015 and 2017 I managed to find some really good investment (gambling would be a better word maybe) possibilities just by lurking a well known anonymous board called /biz/ and reading some news.  
+
+Some of them include:
+
+
+* lithium etf: NYSEARCA: LIT in 2016 January, some lithium companies were mentioned end of 2015 like ASX: GXY which had made really nice returns.
+ 
+
+* Marihuana legalization in Canada: various small companies were mentioned back in 2016, most of them have made 800 - 1000% returns since then.
+
+
+* NVIDIA: 
+Nvidia Cards being used for:
+ - Monte carlo simulations (banking Products)
+ - AI / Self driving cars
+ - Crypto mining
+
+I knew that NVIDIA is a nice gamble back in March 2016
+
+
+* Crypto: Got into crypto in 2014 with a very low ammount of money as I thought on it as pure gamble
+
+
+My problem this year is that I do not seem to find similar possibilities like I found 1-2 years ago. It is mostly because the board I used to lurk got filled with scammers advertising some useless cryptocoin so basically the intelligent people left that board. 
+
+I am looking now for any other source / forum / board / people whatever to be informed early about possibilities like the ones I mentioned above. I do not care about short term gains or options or anything WSB related. 
+
+So I made this topic to:
+ 
+* Discuss if there is anything that is not mainstream yet, Institutional Investors have not discovered, or do not believe in it
+
+* Find people who have the same interest as me and know that this is basically not investing but more gambling
+
+* Find some future "megatrends" which are already covered by ETFs but not well known yet 
+
+In case I made the topic in the wrong forum I would be happy if someone points me to the right forum. 
+In case the name of the board is not allowed to be mentioned here I can remove it of course
+
+/edit: To give you an idea what I am going to research now is as follows: 
+I have heard that if a drug company passes the phase 2 test for its newest product then there is a high chance (60% ?) that the phase 3 test will also be passed. I am trying to find out how the price of such companies changes after a successful phase 2 test and whether there is really a high chance for the phase 3 test to be successful. Also what kind of drugs are seen as very positive by the market.
+
+Wow the topic got really popular, so some quick rules:
+
+* Please do not mention anything related to insider trading here, I am not interested in it as it is illegal
+
+* Also do not mention any specific cryptocoins here, that is no the goal of the topic
+
+
+
+Hi All
+
+Between 2015 and 2017 I managed to find some really good investment (gambling would be a better word maybe) possibilities just by lurking a well known anonymous board called /biz/ and reading some news.  
+
+Some of them include:
+
+
+* lithium etf: NYSEARCA: LIT in 2016 January, some lithium companies were mentioned end of 2015 like ASX: GXY which had made really nice returns.
+ 
+
+* Marihuana legalization in Canada: various small companies were mentioned back in 2016, most of them have made 800 - 1000% returns since then.
+
+
+* NVIDIA: 
+Nvidia Cards being used for:
+ - Monte carlo simulations (banking Products)
+ - AI / Self driving cars
+ - Crypto mining
+
+I knew that NVIDIA is a nice gamble back in March 2016
+
+
+* Crypto: Got into crypto in 2014 with a very low ammount of money as I thought on it as pure gamble
+
+
+My problem this year is that I do not seem to find similar possibilities like I found 1-2 years ago. It is mostly because the board I used to lurk got filled with scammers advertising some useless cryptocoin so basically the intelligent people left that board. 
+
+I am looking now for any other source / forum / board / people whatever to be informed early about possibilities like the ones I mentioned above. I do not care about short term gains or options or anything WSB related. 
+
+So I made this topic to:
+ 
+* Discuss if there is anything that is not mainstream yet, Institutional Investors have not discovered, or do not believe in it
+
+* Find people who have the same interest as me and know that this is basically not investing but more gambling
+
+* Find some future "megatrends" which are already covered by ETFs but not well known yet 
+
+In case I made the topic in the wrong forum I would be happy if someone points me to the right forum. 
+In case the name of the board is not allowed to be mentioned here I can remove it of course
+
+/edit: To give you an idea what I am going to research now is as follows: 
+I have heard that if a drug company passes the phase 2 test for its newest product then there is a high chance (60% ?) that the phase 3 test will also be passed. I am trying to find out how the price of such companies changes after a successful phase 2 test and whether there is really a high chance for the phase 3 test to be successful. Also what kind of drugs are seen as very positive by the market.
+
+Wow the topic got really popular, so some quick rules:
+
+* Please do not mention anything related to insider trading here, I am not interested in it as it is illegal
+
+* Also do not mention any specific cryptocoins here, that is no the goal of the topic
+
+
+
+This is based on the other FAT Fire post where the poster earned 20M and is looking for tax strategies. I’m in a similar boat, albeit a bit less in the year income. Still looking to offset my 50% tax bill.
+
+Several responses mentioned starting a capital intensive business asap and writing off the loss to offset the income. Any ideas on this? Any firm examples of what others have done in this regard?
+Might be a dumb question because you can't time the market...
+
+​
+
+But with the[ASX 200 approaching its record high](https://www.abc.net.au/news/2019-07-05/asx-200-record-high-approach-wall-street-aud/11280874), would now be a bad time to buy ETFs? 
+
+​
+
+I've been sitting on the fence for AGES and decided to start investing after I get my next tax return... but with the sharemarket getting so close to record-high I'm not sure if that would be smart move?
+I've seen Americans posting about investing in this---
+
+The US government has set up warnings that they have undisclosed severe consequences and will prosecute any American investing in anything Crypto from Venezuela.
+
+This is because it goes against sanctions against Venezuela. 
+
+When you go against Government money you're gonna have a bad time. 
+on thursday it was all "the bull run is resuming! i have already ordered the special paint for my lambo which isn't a lambo but a köningsegg"
+
+today it's all "the prices go down by 99,99999% now. 1/6 of your life will now be spent on getting back 1% of the value. then you get rich in 20 years"
+
+​
+
+being a member on this sub is really like dating a schizophrenic banana that ends up with bruises over night every night
+I recognize that a 4% rate on a savings account is very good (it's a negotiated rate in a foreign bank account). However, I am 26 years old, so I have a lot of time before retirement, and I feel like I should have the bulk of my net worth in equities.
+
+Some more details that might be relevant:
+
+* 26 years old
+* No debt (own a car)
+* Looking to buy a house soon and have money set aside for that (20% downpayment)
+* $58k annual income
+* $5k in a savings account earning nothing.
+* $50k in a mutual fund
+* $60k for a downpayment in a savings account (to be used soon)
+* $100k in the savings account in question
+
+I'm thinking of moving maybe $50k of the $100k to the mutual fund, or to brokerage account where I can pick stocks/index funds.
+I’m thinking about living between a few different vacation rentals and wanted to hear if anyone else is doing this? What are the pros/cons?  Particularly interested if you are renting during peak season or most of peak season and using the place yourself during shoulder/off season. 
+
+Here is my plan:
+
+Currently I own a place in Hawaii that I am renting out for about half the year and then I use it from January through August. This is close to break even. 
+
+Next step I want to take is buy a place at the beach on the east coast and rent it out during the peak summer season and use it from late August/September through December. I won’t really miss the summer because I’ll be in Hawaii and I like the Fall on the east coast for a little change of season and the holidays. I need to do more research but from realtors and friends who rent their beach houses I think I can get this to close to break even. 
+
+Eventually would like to add a place in the mountains to rent out most of the year and use it for a month or so at the end of ski season.
+
+Any thoughts would be much appreciated!
+[According to WSJ](https://www.wsj.com/articles/robinhood-lays-off-23-of-staff-11659471011):
+
+>The job cuts mark the second round of layoffs this year at Robinhood, which in April laid off about 9% of its full-time employees. Together, the two rounds have cut more than 1,000 jobs from the company.
+
+> The layoffs come alongside a broader company reorganization, Vlad Tenev, the company’s chief executive, said in a message posted to the company’s blog. In the statement, Mr. Tenev said the previous round of layoffs in April “did not go far enough” in helping the company cut costs.
+> 
+> “Last year, we staffed many of our operations functions under the assumption that the heightened retail engagement we had been seeing with the stock and crypto markets in the COVID era would persist into 2022,” Mr. Tenev said in the message. “In this new environment, we are operating with more staffing than appropriate. As CEO, I approved and took responsibility for our ambitious staffing trajectory—this is on me.”
+
+Here's where most of the layoffs will happen:
+
+>In his message Tuesday, Mr. Tenev said the new round of changes at the company are particularly concentrated in its operations, marketing and program management departments.
+Hi all. I've noticed a bit of repetition in the past month of similar questions being asked about what they should do with 'X' amount of money and the answers are generally the same. 
+For the sake of decluttering the thread and keeping quality front of mind, please have a read of past posts to see if they are applicable to your question as you can probably pull the learnings from there. 
+Hope that this request is fair and makes sense. Cheers.
+Having a tough time deciding on whether to add to my SCHD position right now. I bought in for around $75/share and the ETF is now over $79/share. Would you add to the position even if it raises your DCA, or should I invest in individual dividend stocks that are significantly discounted at the moment?
+Thanks
+Due to an unfortunate passing in my family i recently got a decent sum of cash thats going to be dulled out over time except for a lumpsum of 25k that i put into stocks that i kinda lurked here to see peoples opinions and some i looked into cause i generally like the company and products. 
+
+With that being said i got my portfolio at just shy of 1k a year with current positions. For the stocks that allowed divided reinventing i opted into it, should i keep it that way or should i pull the divideds in for the year and then disperse it throughout the portfolio or maybe giving one or two stocks a nice bump?
+
+Any thoughts or opinions are appreciated!
+It took me 4 years but I’ve finally hit that turn in the P/L curve making almost all of 2021’s gains in July alone. This takes years. You have to know your setups and focus as much as you can on solely trading those with large size (tolerant to you).
+
+I just wanted to share especially for those that are a year in and feel like they are getting nowhere. Growth can come quickly if you are specific and putting the daily work in outside of actual trading. I’ll do my best to answer any questions.
+
+My best setups are Opening Drives and Opening Drive Pullbacks for 2nd Leg. I have a Google Drive of my Playbooks from the past 30 days or so here:
+
+https://drive.google.com/drive/mobile/folders/1CAvy488dN1rM8yFm6SwNOheQmB4PwNgC?usp=sharing
+
+You’ll notice that I only have 4-5 setups in general that are very similar.
+
+Good luck out there!
+[Link to article](https://www.wsj.com/articles/vanguard-will-let-investors-trade-its-rivals-funds-online-for-free-1530536400)
+
+Vanguard Group plans to eliminate online commissions on its rivals’ exchange-traded funds, a move by the asset management giant to lure new assets and steer more customers to financial advice.
+
+Vanguard became the world’s second-largest money manager by offering some of the lowest-cost products in the industry. Rivals have increasingly tried to match or beat Vanguard on fees, pushing the cost of investing toward zero for some basic portfolios of stocks and bonds as firms duel for customers.
+
+For years customers paid nothing to trade Vanguard’s own funds. In August the manager will extend that same arrangement to customers that want to buy or sell online nearly 1,800 other ETFs offered by such competitors as BlackRock Inc., Charles Schwab Corp. and State Street Global Advisors. It will still charge commissions for phone trades of these rival ETFs.
+
+The plan is the first significant pricing change at Vanguard under new Chief Executive Mortimer J. ‘Tim’ Buckley, who took the helm earlier this year. The larger strategy is to attract new brokerage clients to Vanguard and offer them other services like financial advice where Vanguard can collect additional revenue.
+
+“If we attract new investors, we have an opportunity to offer them advice over time,” said Karin Risi, head of Vanguard’s retail investor group.
+
+Currently the amount Vanguard customers pay to trade other ETFs depends on a client’s account size and, in some cases, trading frequency. For example, investors with $50,000 or less pay $7 per online trade on the first 25 trades, and then $20 thereafter. Those with $500,000 to $1 million pay $2 per online trade.
+
+Vanguard won’t be the only firm allowing investors to trade rival funds without paying a commission. Fidelity Investments’ brokerage unit allows clients to do the same thing with 95 ETFs run either by Fidelity or BlackRock’s iShares commission free, according to its website.
+
+Fidelity last year lowered online trade commissions on U.S. stocks and exchange-traded funds to $4.95 from $7.95, a move that rival Charles Schwab Corp. quickly matched. Earlier this year, Fidelity shook up the way it charges clients for financial advice, making fees more transparent and cutting the cost of its robo adviser Fidelity Go. That service now costs investors 0.35%; they previously paid both management and underlying fund fees.
+
+Vanguard launched its financial advice business, Personal Advisor Services, in 2015. It caters to customers with at least $50,000 and charges 0.3% of assets under management for that advice. That is less than the 1% typically charged by traditional wealth advisers.
+
+Assets in that business have reached $106 billion, and roughly a tenth came from new clients, executives said. Vanguard has $1.5 trillion in its retail investor group, which includes brokerage accounts, and $5.1 trillion in assets across the entire firm.
+Interested in additional methods to make money while not promoting “hustle culture”, I’d love to see some side jobs/gigs that AusFinance do on the side to bring in extra money.
+Saw the post lamenting tech IPOs as all scams and money burners, just thought I'd share some of the more successful ones in recent times for perspective:
+
+SAIL IPO at $13 now $27
+
+OKTA at $23 now $92
+
+TTD at $27 now $198
+
+TWLO at $26 now $123
+
+ZScaler at $33 now $62
+
+But notice these are all b2b software/cyber security and not consumer facing companies, hence don't get as much hype and or attention until they have already moved.
+
+Just gotta do the due diligence and there are definitely some winners.
+To start off, full disclosure: my title is a bit misleading and click-baity.  While it’s true that I crossed $2.25M, I’m not actually retiring. 
+
+I’ve been with my current company for over 7 years, and have been pretty bored and unhappy for at least the last 3 of that. I had long ago set a goal of wanting to some day retire on $70k at a 3% WR, and as I’ve been inching toward that number I kept wondering if I’d pull the trigger. The realization that I finally came to months ago was that I couldn’t separate whether I was unhappy working altogether, or just unhappy in my current role. So I went about interviewing, which took way more effort than I expected, and after a number of ego-reducing rejections finally landed something that seems like a fit. The money is actually a slight reduction from where I’m at today, which took some mental energy to get over, but this sub was actually instrumental in making me realize that my pursuit of FIRE is meant exactly to let me do this sort of thing. 
+
+So there you have it. I’m waiting for my background check to complete, which should hopefully be today or tomorrow, and then I’ll be submitting my notice. Sometimes things do work out.  
+
+Oh, and one last thing. Part of what really pushed me over the edge and made me start applying for jobs is my dislike of my boss. Well, after what felt like way too long of living under his tyranny, he got fired on Tuesday. The universe is a funny place. Once I learned that I considered staying for about a microsecond, then realized that all of my other reasons for leaving are still valid. I’ll just consider his exit a parting gift from the company. 
+TLDR - [Net Worth](https://imgur.com/a/mmYt2Kn) and [Income](https://imgur.com/a/zMkHXN6) charts.
+
+I've been posting my family's net worth updates annually on this subreddit for many years (see [2015](https://www.reddit.com/r/financialindependence/comments/308xtv/on_track_to_re_by_50/), [2016](https://www.reddit.com/r/financialindependence/comments/4a6oww/one_year_update/), [2017](https://www.reddit.com/r/financialindependence/comments/5ynkqi/two_year_update/), [2018](https://www.reddit.com/r/financialindependence/comments/838e92/three_year_update/), [2019](https://www.reddit.com/r/financialindependence/comments/b44qvp/four_year_update/), and [2020](https://www.reddit.com/r/financialindependence/comments/fevzeg/five_year_update/) updates); I find sharing my plans and progress to be helpful for giving myself a heading check, and hope this community finds my inputs to be helpful.  Last year, my post happened right as the the apocalypse was kicking off, and our portfolio was suffering heavy losses.  Let's see how that turned out over the past year.
+
+**Current ages: 35 and 34**. We have two kids who are now entering public school age.  We still have to pay for after school care, but in general our childcare costs have been trending down over the past couple of years.
+
+**Combined pre-tax income**: About $206k (\~5.1% increase).  About a month after my last post, my wife took a 10% pay *cut* because of COVID.  It wasn't a huge deal because of our large savings rate (also not like there was much to spend money on during early lockdown anyways). We still made some budget cuts, and then her pay was restored about 6 months later, and we got raises on top of that - all of which is to say, our cash flow has increased dramatically lately.
+
+**Assets:**
+
+Cash/emergency fund: \~$80k (81.8% increase).  Big increase in cash over the past year, for a few reasons.  We did a cash out refi about a year ago to do a bunch of home repairs (furnace repair, backup generator, replacement windows, new water heaters, removing dead trees).  Because lockdown reduced our spending, we were able to accomplish all that and still grow cash, which made us more comfortable considering there seemed to be an actual apocalypse going on.  The next home upgrade we want to do is a new roof+solar project within the next year, which will bring our cash back down to normal.
+
+Tax advantaged Retirement/HSA accounts: \~$721k (49% increase). So uh, that happened.  We're now maxing out both her 401k and my TSP, both Roth IRAs, and an HSA.  Nobody could have predicted that the pandemic stock market lows would have happened as early as they did, or that the stock recovery would have happened so fast.  I certainly didn't predict that - but I did continue to buy and hold index funds, as always, and was rewarded for it.
+
+529 accounts: \~$46k (27.8% increase). We live in Florida, which has one of the few pre-paid tuition plans that actually make a lot of sense.  So we've been moving over 529 money into the prepaid plans.  Once those are fully paid off in a couple years, we'll go back to putting money into the 529s again (to pay for housing expenses, or if they want to go private or out of state or grad school).  Our goal has long been to cover about \~75% of the total in state public college expenses, but now it looks like we might get closer to 100% just because of good fortune.
+
+Taxable investments: \~$20.5k (128% increase). This increased pretty dramatically because of efforts on two fronts.  First, since we've now maxed out tax shelters, I've set up a new payroll deduction to send money directly to the taxable brokerage, and will move most future raises towards that.  Second, since travel has been off the table for the past year, I've been running an Amex Gold + Platinum Schwab [churning](https://www.reddit.com/r/churning/) setup for most of our spending over the past year, which has made us several thousand dollars going straight to a taxable brokerage account.
+
+Vehicles: $31k KBB value of three cars (2% decrease). Same cars as last year, just depreciation. And not much of it this year, which weirds me out.  Maybe because they barely got any miles?  Maybe the used car market is being weird right now?  I dunno, I'm just reporting the numbers.
+
+Home: Using Federal Reserve MSA home index, our home value is now \~$603k (4.5% increase), using Zillow estimate is currently $691k (5.8% increase).  We use a range to estimate our home's value.  It's kinda crazy to look back and realize the home appreciation over time; we got \*very\* lucky with being able to buy our house in 2012.
+
+**Debts:**
+
+Mortgage: $359k at 2.875% for 30 years (32% increase). We refinanced our mortgage, and used it to pay off our home equity loan, car loan, and to start building up cash.  The interest rate is so low here that we don't see much point to even trying to pay it off early, and will be focused on building up assets instead.
+
+Home Equity Loan: $0 at 4.75% (100% decrease). Gone!
+
+Car Loan: $0 at 3.1% (100% decrease). Gone!
+
+**Net Worth Estimate:** $1.14M using MSA Home Index (\~34.8% increase), $1.23M using Zillow (\~33.4% increase). There it is.  We became millionaires right in the middle of the "worst year ever."  Without using crypto or Tesla or meme stonks.  Just boring old index funds,  mostly held in tax advantaged retirement accounts.
+
+**Current plans going forward:** We hit a lot of goals over the past year.  It feels like we're approaching the end of the "boring middle", and are now racing to quickly build up significant assets and achieve financial independence.  Our goal is to be able to FIRE if we want to by \~2030 with \~$100k income.
+this is in no way shape or form a good idea, just thought i'd post this here because it's 6am and im doing fucking math on reddit crypto lmao.
+
+​
+
+Anyways, right now a moon is worth about 8 cents. If you wanted to replace your full time job with raking in moons on reddit, it would take a lot of time and effort but here we go.
+
+The average hourly wage in the USA is \~$15. This means that at that wage you are making about 31,000 dollars a year. Now, going off of the math of 1 upvote = 0.48 moons (credit to /u/pkg322 because i saw that on one of their comments.), this means that 1 upvote is just under 4 cents.
+
+Now, your yearly wage of 31,000 dollars divided by 8 cents (1 moon) means that you would need to acquire a total of 387,500 moons per year in order to sustainably replace your full time job. This is also equivalent to...
+
+\- 32,291.67 moons per MONTH
+
+\- 1061.64 moons per DAY
+
+\- 44.24 moons per HOUR
+
+​
+
+This also means that you need \~90 upvotes per hour to replace your full time job.
+
+have fun with this knowledge bois
+
+EDIT: I have learned there is a cap of 15k moons per month per account, this is still equivalent to $1.2k per month. Pretty pog.
+
+Update: haha, 30 upvotes in the past hour.. that's like a whole moon.. my ploy to become the greatest moon farmer is coming to fruition!
+
+Update 2: ok for real y'all are making me rich out here, also thanks for the awards friends!
+
+Update for everyone saying "you have to farm 24 hours a day this is stupid": You only need to post a few good posts and then people can upvote it at any time... It doesn't just disappear lol
+I’ve been doing really well and I feel like sharing my thoughts for anyone interested. These are the things I wish I had known which would have saved me a lot of setbacks.
+
+Ignore the charts. Don’t even look at them when making a decision. Regardless of what anyone says. A chart will only tell you what has happened so far. It will never tell you what will happen next. There is one exception to this I have found but I will bring that up at the very end of this post.
+
+Use critical thinking for any single piece of information you read about a company or the market. Who published it and why? I haven’t yet found (and probably never will find) a single news article or post with neutral information on a company. And it’s never going to happen. In the stock market there are many different players and they all have different motives. Don’t trust what a Reddit investor tells you. But also don’t trust what CNN or CNBC tell you. There is something called “bias” and you have to be able to adjust the weight you give to any information you receive based on how biased the information is or might be. Any time you get information check multiple sources. Never rely on one single source. Or even one single type of source. If you only trust major news outlets you will be mislead or worse be behind the curve. If you only trust what investing forums say you are likely to run into people who are bagholding and trying to pump the stock to be able to dump it for a higher price before it keeps tanking. The truth is somewhere in the middle. Do your own research and don’t hesitate to use Google’s “past 24 hour” search filter to make sure you’re getting the latest information.
+
+Stay open to criticism. If you have a good idea but someone knows better, it’s not just a learning experience but it can save you from losing your money. However, only take criticism seriously if someone can properly articulate their point and isn’t just spouting catchphrases or being an asshole.
+
+Dollar cost averaging. It’s better to make several buys into a stock than one giant buy. It’s impossible to perfectly time the market. But you will almost always get a better entry point by averaging than by throwing down all the chips on the first move.
+
+Always do your own due diligence. If you can’t write a thesis explaining why you’re making an investment (that’s not only convincing but free of confirmation bias) then you probably shouldn’t invest. Don’t just research the company, research the market the company is in. If the company is poised to do well and corner the market but there isn’t much of a market in general then there is no future for the company. In addition, research the “target audience” not for the company but for the shares themselves. What type of investors are buying shares? Are they the opportunistic kind? Are they buying just for a quick profit to scalp before they dump the stock into oblivion, or are they buying because they see a future for the company and plan a long term hold? This can be true of institutional investors as well as retail. It’s a better sign (for now anyway) when a happy whale like Cathie buys shares banking on the future of a company than if a super-predator like Chamath is buying them for a quick flip. Always keep other investors in mind when you make a decision. Investors are the consumer that drives the price of a share.
+
+Buy the dip but only if you have a good reason to! Don’t blindly buy every dip. I see that pushed too often on Reddit. Buying a dip is good if a company is on an upwards trend and the dip occurred randomly. Do NOT buy the dip if it’s part of a larger downtrend or if it’s possibly due to an overall change in sentiment. Worst case scenario you will multiply your loss and best case scenario you will tie up further capital on a loser which results in decreased ammunition if you suddenly find a winner. Your $500 you could have used to buy a gainer will now be $300 you can use to buy another stock.
+
+Don’t ever hesitate to cut your losses. If a company is in a downwards trend and it looks like they will be for a while (and there is no catalyst around the corner) cut the loss. Put your money in a better place. But keep watching the ticker. You can always buy back in when the sentiment turns positive. Keep a watchlist of stocks that look promising but don’t make it so big that you lose oversight and don’t make it so small that you’re missing too many opportunities.
+
+Gauge your performance by your method and not by your gains and losses. If you’re up 100%, be honest with yourself. Are you up because you got lucky or because you have a solid strategy? If you’re down 40%, was it because of unpredictable factors or was it your own fault because you bought due to fear of missing out which clouded your thinking? Never beat yourself up. Learn from every move you make. Remember it’s impossible to perfectly time anything. If you sold and secured a 10% gain but it could have been 15%, that’s normal. You’re never going to catch the top of a spike or the bottom of a dip. That’s like waiting in the ocean for the perfect wave. It won’t happen and you’ll drown unless you’ve learned to surf when the wave gets to you. Same with buying. Most of the time when you buy, the stock will move down. I’ve lost a small percentage at the start of almost all my well planned and well timed moves. I kept holding and the losses turned into significant gains.
+
+Manage risk and reward. The higher the risk, the lower percentage of your profile you should put into it. Be psychologically prepared to lose everything. The more you’re willing to live with that possibility, the more you’re going to be able to keep a cool mind when taking a calculated risk.
+
+Never stop learning. The more you know, the more of an edge you have. Get in the habit of reading several articles per day. Focus on your existing investments so you can learn how what type of news affects the markets in which ways.
+
+Never stop looking for opportunities. They don’t come to you. You have to find them like a needle in a haystack or a diamond in the rough. You’ll get much better at finding them with time. If you don’t get good at looking for opportunities and evaluating them then you won’t have any opportunities.
+
+Never buy in to hype. The more hyped a stock is, the more likely it is that it will tank later. Even if you find a promising company for a good long term investment, wait until the hype dies down and the share price goes down. Otherwise you’ll start your investment with a slow and steady loss.
+
+Shares are priced based on supply and demand. There are bids and there are asks. The higher the demand is on shares the higher the bids will be. The lower the demand is on a share the lower the bids will be. What this means is that when there is more buying pressure than selling pressure the cost of a share goes up. When there is more selling pressure than buying pressure the cost of a share goes down. In fact, that is all a chart will really tell you. Think of a chart as a historical look at past buying and selling pressure. Nothing more and nothing less. The price direction is determined only by buying and selling pressure.
+
+The value of a share is subjective. You can run any equation you want to but there is no equation which links any of the variables of a company to the price of a share. There are many different ways to “value” stocks. DDM, DCF, price to earnings, price to book, enterprise value to EBIDTA, Technicals...and they all mean nothing. Why? Because the value of a share is what people are willing to pay for it. A stock is no different than a consumer good. Take, for example, iPhone. If you compare the iPhone 12 to android phones with similar specs the iPhone 12 price tag more than doubles some lesser known brands with the same specs. But people are willing to pay more for the iPhone. So the iPhone costs more. The value of a share is the same. If people are willing to pay more for a share of a company then those shares will cost more even if there is no mathematically verifiable reason.
+
+There is no formula based on the specs of a phone which will predict what the retail cost of the device will be. Just like there is no formula which will take any company metrics into account and determine the price of a share.
+
+Stocks go up and stocks go down. Everyone hates red days. But they’re normal and they’re not a sign you’re doing something wrong. They mostly move when there are catalysts that have either positive or negative effects on sentiment. The rest of the time they will trade sideways or slightly downwards. As long as the slope isn’t steep and there have been no bad news about the company having a red day is fine. In fact if a stock was only green all the time I would probably sell it because that could be a good sign it’s in a bubble and bubbles are known for bursting.
+
+The biggest gains and losses in the market are driven by the biggest changes in investor sentiment. And investor sentiment isn’t rational. It’s irrational. For example there could be some slight bad news about a company which will have no bearing on the bottom line (for example a brief delay in a crucial step) which hits a nerve and causes an emotional overreaction which causes the stock to tank. Or there could be some neutral news about a company which investors mistakenly perceive as positive causing the stock to skyrocket.
+
+Catalysts don’t matter. People’s reactions to the catalysts matter. If you look into a company that has upcoming catalysts, don’t focus on how the catalysts will effect the bottom line for the company. Focus on how the catalysts will impact investor sentiment. For example, if a company decides to increase the cost of a pharmaceutical product and they are now going to make 12 billion more dollars over the next 5 years, that’s great for the company. But if people are upset and there is bad publicity like “My mother died because she couldn’t afford her diabetes medication after the price hike.” then the value of a share will go down.
+
+The biggest gains are in speculative investing but they also carry the highest risk. The reason that speculation has the biggest potential for gains is strictly due to human psychology. Investors are going to be a lot more fearful to invest in a company which isn’t generating revenue or where the future of a company has no proven results to back it up. Even if that company is going to cure cancer. But that’s also why there is the potential for a huge reward. If you can find a company investors are fearful to invest in now and you have enough data about the company to conclude that they are going to be successful, then you can actually turn a speculation into a somewhat more secure investment. 
+
+For example, if a company announces that they found a cure for alzheimer’s. And you just happen to be a neuroscientist. If you understand the science and you instantly realize that they have a disruptive breakthrough, you can now use that to your advantage. You can invest in the company now with the knowledge that the science is solid. This gives you an edge. You know that you know the company will be a success. But you also know that anyone who isn’t a neuroscientist will have little faith in the company. As a result, you have now found a company which is setup for a massive change in sentiment. So you buy 10,000 shares for $0.03. Eventually, the company moves through to phase 3 clinical trials and the product gets approved. The news headlines hit that a company cured alzheimers. Now the shares you bought for $0.03 are suddenly worth $15. Your degree in neuroscience just paid off better than your actual day job as a neuroscientist. As the stock keeps trending upwards the $300 you spent is now $150,000. This gain is mostly attributable to using your existing knowledge to get ahead of a pivot in investor sentiment.
+
+Use what you know. Just like the example above. Everyone has areas they are more or less knowledgeable about. If you know a lot about technology, focus on technology stocks. If you are a geologist, focus on mining stocks. Anyone can have an advantage. Even if you’re working at a deadbeat job and you get a free sample for an air freshener that finally actually gets rid of the smell of stale cigarettes in your well used car, invest in that air freshener. Any single piece of knowledge you have about any single thing can be used to your advantage to make a trade.
+
+Which company evaluations actually do matter? Is the company going to be able to survive? That’s the main thing I’ve been looking at with my speculations. A company could have come out with a technological breakthrough. But do they have the funding or an existing revenue stream to carry it out? Are they going to be consumed by debt and implode or are they getting funding in one way or another? Another important one is if another company will buy them out. If a company has mediocre performance and is going to be bought out by Microsoft that can be great for your investment. But if a company has a breakthrough, doesn’t have the resources to commercialize it themselves and has to give in to the highest bidder for a buyout then the upside to your investment is going to be a lot more limited.
+
+Those are really the only company metrics I’m focused on.
+
+Stay up to date on your investments. Don’t just look at your portfolio once a month and complain about it going up or down. Is your chart going up? Find out why. Is your chart going down? Find out why.
+
+Stay ahead of the news! If it’s 5am and you have to get up for work, get in the habit of quickly checking the news on your tickers so that you can stay on top of any changes. The sooner you know bad news came out the more likely it is you will be able to hit the sell button before anyone else does. If you have tickers you’re watching, try to buy in the moment there is good news or in advance of the good news. Especially if the sentiment is positive.
+
+Be careful with stop losses. If you don’t know what a stop loss is, it basically means that you have set up your purchase so that your broker will sell your shares for you if they dip below a certain amount. They can be great for risk management but they can also screw you over. If you bought a company for $10 and you have a stop loss at $8 you won’t be happy when it dips to $7.50 before shooting up to $20. Because now your stop loss actually worked against you. You lost a +100% gain and you secured a loss. Another time stop losses can be unhelpful is if your stock is trading on a foreign exchange as well. For example, if you have a stock on the NASDAQ trading for $10 and a stop loss for $9 but it also trades on a European exchange. It the stock closes at $10 but tanks overnight and trading opens at $5 on the NASDAQ, your stop loss will have done nothing. Even worse, it’s possible your stop loss won’t be triggered at all now because the system won’t pull the trigger while the price of the shares continues to drop.
+
+Market buys, market sells, limit buys and limit sells. I see a lot of confusion about this online and quite a few people get limit orders mixed up with the bid-ask spread. Small fish investors like retail have nothing to do with the bid-ask spread. When you place a market buy order through your broker you are agreeing to purchase a set number of shares at the current market price. I never use market orders. Why? Because if you execute a market buy or a market sell and the price of the security changes rapidly it won’t fill at all. And in order to cancel it and place a new order you first have to find it, then cancel it and then place a new order. I always use limit orders. If I’m buying shares and the cost looks like it’s on an upwards trend I will always place a limit buy for a price quite a bit higher than the current market value. Some people seem to think you won’t get the best price possible that way but this is wrong. If a stock is trading for $8 and you put in a limit buy for $8.50 but the stock only goes up to $8.10 your broker will fill it at $8.10. If I’m buying shares and the cost of the security looks like it’s currently on a downwards trend I will place a limit buy just a bit above what I think it will drop down to. That way I don’t have to stare at the chart all day and I can check throughout the day and place a new order if the direction changed and it didn’t fall below that point yet. As far as selling goes I will always place limit orders as well to guarantee the trade goes through instead of putting faith in a lack of volatility and risking the sell not going through. If the stock is going down I will place a limit sell for a lower price. If the stock is going up I will place a limit sell for a higher price. I won’t make them too much higher or too much lower though because this is the opposite of buying and I don’t want the stock to get stuck to my hands when I’m trying to dump it.
+
+Since investor sentiment drives the price of shares, wouldn’t it be nice if there was a single quick way to gauge the current investor sentiment towards a company? As it turns out, you can! And you can do it really quickly by eyeballing a chart even if you don’t have a clue what you’re doing. Here’s how. Take a look at the chart. Focus on points in the chart where there have been sudden upwards and sudden downwards movements. And look at what happens following those movements.
+
+If the stock dropped 12% due to some bad news, what happens next? Does it stay down or does it climb back up? The quicker it climbs back up out of a dip, the more positive investor sentiment is.
+
+If the stock jumped up 12% due to some good news, what happens next? Does it stay up and slowly keep rising or does it tank back down to levels even lower than before the spike? The quicker it drops back down after a spike, the more negative investor sentiment is.
+
+Keep in mind though that investor sentiment can change and just because there has been overall positive or negative sentiment in the past does not mean that the sentiment will continue. Check news for any updates on the company. Make sure nothing is in the works that could cause the sentiment to change to the negative when you are buying in. Check stock message boards. Check financial news. Use your brokers news feed, they are often quicker to the punch.
+
+It’s definitely more profitable to buy something that has overall positive sentiment.
+
+Edit: I will add, don’t ever be afraid to re-evaluate your strategy. If it isn’t working there’s a good chance it will keep not working. It’s better to try something new than to watch your portfolio slowly erode while you have plenty of time to research and make new moves.
+A couple of weeks ago someone made a post that grinds my gears a bit. I'm not opposed to posts where people mention their milestones or progress, in fact I generally like them. The problem is that someone inevitably asks what kind of work the person does and how they got into that line of work. Far too often the response is very cryptic and that bothers me a bit. While there are many people who have become financially independent and/or retired early while making a moderate income, it seems that most people who do it have pretty good incomes (combined with great saving habits, good decision making, in many cases supportive partners...). 
+
+I think that one of the most helpful things we can do for each other is to talk about what we do for a living, how we got there, roughly how much we get paid and the region we live in. The truth is that a guy making 100k is far more likely to require early than a guy in the same city making the same decisions with a salary of 50k.
+
+I understand the desire to keep things private, but there are very few industries that are so niche that a post on reddit will instantly out you or lead to you suddenly having tons of competition.
+
+I propose that anyone willing post the following:
+
+* ballpark salary
+* region, state, tri-state area or whatever you're comfortable posting so people have an idea of your areas cost of living
+* what you do for a living
+* how you got the job, career, occupation...
+* any advice you have for others on breaking in
+
+I'd also ask that instead of saying "I'm a software engineer", please say something like "I'm a software engineer and my company makes software for railroads" or "I'm a software engineer at a finance company"
+
+Hopefully this will catch on because I think where to go career wise or when to move on because of better opportunities is one thing that hinders a lot of people's journey to financial independence (even if their definition of it has nothing to do with retiring early)
+I live in Idaho, and I received a notice from the sheriffs office informing me that my wages are going to be garnished, over a debt that’s 11 years old. A collection bureau in a neighboring city has the debt and stated I owe over $500, but they never listed which company the debt originated from. They also sent a copy to my employer, which I’m highly embarrassed about.
+
+Any debts I had back in 2011 were paid off with the help of a debt reduction company, and my credit report was clear. I didn’t even think someone could come for you after 10 years for a debt. Again, the original debt is never referenced, so I have no clue if this is legit or a sleazeball buying my old debts (online reviews of the debt collector show that he is a sleaze-ball) I have NEVER received anything prior from this collection agency before this.
+
+I searched this case in my state repository and this same attorney/company came after me in 2011, but I have no memory of them doing so. The case was ruled closed, and then the same collection agency filed a renewing judgement in 2016. And then after 6 years it goes straight to garnishing wages. I am so confused because I thought there was a statue of limitations. I looked on my credit report and there is nothing on there at that time or in the years prior.
+
+I am scared and upset about my wages being garnished and feeling like I can’t fight this debt collector. I have tried reaching out to several local law firms and I’m either ghosted or given the run around.
+
+Thanks for your time and kindness
+> The Fed announced on Friday that it will allow the nation’s largest banks to resume share buybacks in the first quarter of 2021 subject to certain rules.
+>     
+> The partial relaxation of its buyback ban came after the Fed’s second round of stress tests in 2020.
+>     
+> JPMorgan Chase announced in the minutes after the Fed’s test results that its board had approved a new share repurchase program of $30 billion.
+
+[CNBC](https://www.cnbc.com/2020/12/18/fed-to-allow-big-banks-to-resume-share-buybacks-with-limitations.html)
+
+> *JPMORGAN TO BUY BACK $30B SHARES; TO MAINTAIN DIVIDEND
+
+
+https://twitter.com/Investingcom/status/1340060702678106112
+
+
+This honestly seems kinda ridiculous that they would allow banks to resume buybacks considering the shape of the economy right now.
+Good Morning Apes!
+
+I wanted to apologize for the Daily post cutting short yesterday reddit was having server issues and I was unable to log in.
+
+GME has stabilized in the 130 range as of close yesterday. With large numbers of puts coming in at the 130-135 range for this Friday there is an obvious effort to keep the price as low as possible. This drive to push the price down can be seen here in yesterday's options flow data.
+
+https://preview.redd.it/xwwy1pdti2a81.png?width=897&format=png&auto=webp&s=4ef0c0b47f5233ef198e4ba114c5c3d3d7493250
+
+With decent open interest in puts all the way down to 110 we could see another push today. Especially with the change in projections from the FED yesterday.
+
+It makes sense for them to drive the price down as much as possible with XRT beginning the threshold process today and a large chunk of ETF FTDs due Monday they will want the price low before covering.
+
+**I cannot emphasize enough how great of a deal GME is right now at these prices.**
+
+Whether you do buy & hold, DRS, options or all three. These prices are the lowest GME  has been since March and $65 dollars below the average retail cost basis. If you were looking for an opportunity to get more GME or average down, this is a hell of a deal.
+
+Some bullish technical patterns.
+
+GME has relatively similar ascending-double bottoms on every significant run in the last year.
+
+https://preview.redd.it/ok2t5ewal2a81.png?width=1541&format=png&auto=webp&s=7a618c12090677e7e9dfb66a090af906861f1dd2
+
+Today's MM FTDs are due from Dec. 1st
+
+[Net Short ](https://preview.redd.it/4n8yl7f0n2a81.png?width=195&format=png&auto=webp&s=388482e7dd040339d261e9d9647a5af73fb6028a)
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream.**
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# 
+
+https://preview.redd.it/bm31s7fh35a81.png?width=300&format=png&auto=webp&s=7932e47e25e353ed3242e62bd741febe568c6ec4
+
+# After Market
+
+Today was pretty volatile and we actually had some volume start rolling in 3.4m is significantly above our recent average. We had some discussion on stream today and do not think that XRT has begun the threshold process yet. **It seems I may have made an error in counting the day of inclusion (Dec.17th) as the the beginning of the 13 trading day period when in fact it may have begun the following Monday on the 20th as RegSHO inclusion doesn't happen till after market close.** If this miscount is true it will mean that XRT's threshold process will begin tomorrow. Thank you guys for tuning in, and I'll see you in the am.
+
+\- Gherkinit
+
+https://preview.redd.it/tp773qqlu4a81.png?width=750&format=png&auto=webp&s=64cde045b7717ee949368e18bb863e1566c8b619
+
+​
+
+Edit 5 3:06
+
+Consolidation broke to the upside
+
+https://preview.redd.it/aftjkyqij4a81.png?width=1532&format=png&auto=webp&s=17f45832aac7d3eede650b68b14d89fc8ab41ec2
+
+Edit 4 1:26
+
+Another failed attempt to break 135 this fail backed with some short volume. Looking for support to the downside some might be found around 132.
+
+https://preview.redd.it/0wggw5qu14a81.png?width=1536&format=png&auto=webp&s=dbe7b338654511d962da6c104a938498b5acbc49
+
+Edit 3 12:42
+
+Breaking to the upside of 135 with max pain at 148 there is very little resistance (1100 oi at 140p) to the upside and we could see a sustained climb back towards max pain.
+
+https://preview.redd.it/wt82twezt3a81.png?width=1527&format=png&auto=webp&s=da112955d3be45a2909ca479cf60f3ee23491a90
+
+Edit 2 11:23
+
+Nice series of breakouts driving the price higher but it looks like a second fail of the test at 132.50, hopefully we consolidate in this higher range and push up again
+
+https://preview.redd.it/9jqlfntsf3a81.png?width=1531&format=png&auto=webp&s=f2f49231defa8faf10554630eff919e476a13a50
+
+Edit 1 10:07
+
+Ramping volume to the downside after a nice spike to trick people into fomo'ing into options that would shortly have been negative. Remember they still have a large amount of put interest to the downside.
+
+https://preview.redd.it/3wqaps1g23a81.png?width=1519&format=png&auto=webp&s=5bd9f8cf8fefc6d9655bb347d4c2a6d2d209b406
+
+# Pre-Market Analysis
+
+GME with a choppy pre-market a high at 135 and currently trading at 132.44 on better than average volume.
+
+Volume: 35.69k
+
+Max-pain: $148
+
+Shares to Borrow-
+
+IBKR - 100,000 @ 0.6% (250,000 borrowed between 5:48 and 7:16am)
+
+Fidelity -  389,348 @ 0.75%
+
+[GME pre-market 1m ](https://preview.redd.it/kprkskz0o2a81.png?width=1534&format=png&auto=webp&s=d748053d4a29dfd5181880a348ba2e97c89a71d0)
+
+TTM Squeeze:
+
+[Looking great with 4 fire signals \(5-6 is ideal for a breakout to the upside\)](https://preview.redd.it/f0sruwx6o2a81.png?width=2457&format=png&auto=webp&s=b780130a19287901da612d4ae92ffb0fa5fd78cd)
+
+BB/KC Squeeze:
+
+[I expect a false signal here as the Bollinger Bands drop through the bottom on yesterday's price action before snapping back up. A similar signal was thrown before the August 24th run.](https://preview.redd.it/117kxnoho2a81.png?width=2456&format=png&auto=webp&s=2f0c635feaf412174ef8a38464e9243987e3d35c)
+
+CV\_VWAP
+
+[Volatility picking up in the pre-market as the spread overcorrects](https://preview.redd.it/64it82a2p2a81.png?width=2461&format=png&auto=webp&s=8ba68ed62bc22c4458e826d273e24556395af886)
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+I am about to be divorced. I’m in my early 30s, and my husband and I will split about 1.1M in assets. He will buy me out of our house, so I will have some cash. DH was sole breadwinner and I did not have to work. There will be 4.5 years alimony that I can live on (not comfortably but can get by) and I am looking for employment. 
+
+My question is whether I should invest the cash in the stock market, or if I should work towards buying a home once I establish some credit and employment history. Ultimately I would like to own a home, but I am unsure if this would affect my retirement significantly. After splitting, I will have about $180K in investments. $80K of that are in retirement accounts. 
+
+Any advice would be appreciated.
+
+Edit to add I am in a high cost of living area in the US.
+I guess next year’s theme is going to be planning for my future. I would like to purchase a condo around the same time next year. I currently have a high yield savings account and I’m about to sign up for my 401K at work. I was just wondering which step would be better after? Roth IRA or Whole Life Insurance? I currently am not married, no kids. It’s just me and my pups although I do plan on having a family in the future.
+I recently closed on a 1 bedroom condo in Los Angeles, two months to be exact. It’s on the fifth floor, overlooking the next door church and it’s parking lot. The view is basically 180 degree of a major road and I love it. 
+
+I just found out and was never disclosed to me during the entire sale that the church is planning on building a massive 19 story luxury apartment building. The project was announced two years to assess the environmental impact and every homeowner within a 100 feet received a letter in the mail. I’m sure my HOA at the time discussed it as well. The recent announcement was to finalize the environmental impact report. 
+
+This would basically be 3-4 years of construction that is 30 foot away from my patio. The acoustical analysis showed that during all phases of the construction the noise impact would be 80+ decibels (70+ is associated with poor health outcomes). Had I known about this project and the change to the view I purchased, I never would have gone ahead with the purchase. 
+
+This has to violate seller disclosure law, correct? If it does, how do I proceed to sue for damages?
+# Daily Wrinkle Brain Think Tank
+
+Please keep this daily discussion limited to the stocks and $GME - i.e. stock movements, sharing information, peer review, news sharing, asking/answering questions, and so on. 
+
+# Want to learn more? [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+If you see mistakes in the wiki, or need to contact moderators, [please send us a Modmail](https://www.reddit.com/message/compose?to=/r/Superstonk).
+
+Please review the [**Superstonk Rules**](https://www.reddit.com/r/Superstonk/wiki/index/rules) before commenting or posting on r/Superstonk.
+
+*Daily discussion threads are created at 4:00 a.m. EDT*
+Guten Tag to all of you Great Apes across the world! 👋🦍
+
+This was the third day of ridiculously low volume, and our Diamantenhände held strong. The power of apes to HODL is truly astounding - we know what we like, and we like the stock. Reverse-repo participation was down after the end of the quarter, but is still *extremely* high. Today is July 2, and you know what that means! Join apes around the world to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🧱🚀 Buckle Up! 🚀🧱
+***
+
+
+- 🟥 120 minutes in: **$206.55 / 174,30 €**
+- 🟩 115 minutes in: $206.61 / 174,35 €
+- ⬜ 110 minutes in: $206.58 / 174,32 €
+- ⬜ 105 minutes in: $206.58 / 174,32 €
+- 🟩 100 minutes in: $206.58 / 174,32 €
+- 🟥 95 minutes in: $206.55 / 174,30 €
+- 🟥 90 minutes in: $206.58 / 174,32 €
+- 🟩 85 minutes in: $206.70 / 174,43 €
+- 🟩 80 minutes in: $206.67 / 174,40 €
+- 🟩 75 minutes in: $206.50 / 174,25 €
+- ⬜ 70 minutes in: $206.32 / 174,10 €
+- ⬜ 65 minutes in: $206.32 / 174,10 €
+- ⬜ 60 minutes in: $206.32 / 174,10 €
+- ⬜ 55 minutes in: $206.32 / 174,10 €
+- ⬜ 50 minutes in: $206.32 / 174,10 €
+- 🟩 45 minutes in: $206.32 / 174,10 €
+- ⬜ 40 minutes in: $206.20 / 174,00 €
+- ⬜ 35 minutes in: $206.20 / 174,00 €
+- ⬜ 30 minutes in: $206.20 / 174,00 €
+- ⬜ 25 minutes in: $206.20 / 174,00 €
+- ⬜ 20 minutes in: $206.20 / 174,00 €
+- 🟩 15 minutes in: $206.20 / 174,00 €
+- ⬜ 10 minutes in: $205.64 / 173,53 €
+- 🟩 5 minutes in: $205.64 / 173,53 €
+- 🟩 0 minutes in: $205.25 / 173,20 €
+- 🟥 US close price: $204.36 / 172,45 €   *($204.75 / 172,78 € after-hours)*
+
+
+***
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.18505035. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+Many among the Diamantenhände community are concerned about the well-being of the originator of the series, u/DerGurkenraspler. I also am worried, as I have tried to make contact many times and haven't received a direct response. Last weekend, DerGurkenraspler appears to have deleted their Reddit account. While this gives me hope that they are alive and well, it seems to be a certainty that they will not be resuming their role as the originator of the series. I've been serving as guest-host since their unexpected absence began and I intend to continue to post updates, but dearly hope that DerGurkenraspler is well and sincerely thank them for the effort they put into building the worldwide community that lives on.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Guten Morgen to this global band of Apes! 👋🦍
+
+Friday's price action following Thursday's announcement of the proposed stock dividend was the most egregious display of price manipulation by the short hedge funds in quite a long time. Market-wide, such announcements tend to lead to significant upward price movement, such as we saw with the price at open. There is no reason that it should have been any different for GME - those who hold shares were excited by the announcement, and those who are short shares should have every reason to exit their short position ASAP.
+
+However, it also happened to be a date with quite a large number of weekly Call options that were unexpectedly thrust ITM by the price spike, which seems to have forced the SHFs to attack the price down instead of worry about the dividend. While I appreciated the temporary excitement at the boost, I'm far more excited that the SHFs are in such a tough spot right now that that had to extend themselves even further to suppress options instead of scrambling to be the first to close short positions.
+
+It confirms that they are well aware that they will not survive closing their short positions, which means that they also cannot survive a share dividend. The time bomb has been set, and it is likely that enough Apes have DRSed their shares to ensure a Yes vote to set the date it will detonate. There is going to be an incredible amount of FUD and manipulation between now and then, and our best defense will be HODLing shares in our own names at ComputerShare. Our Diamantenhände have the strength to see this through.
+
+Today is Monday, April 4th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$164.18 / 148,56 €**  *(volume: 5314)*
+- 🟥 115 minutes in: $163.80 / 148,20 €  *(volume: 5262)*
+- 🟩 110 minutes in: $163.95 / 148,34 €  *(volume: 5201)*
+- 🟩 105 minutes in: $163.62 / 148,05 €  *(volume: 5143)*
+- 🟩 100 minutes in: $163.56 / 147,99 €  *(volume: 5106)*
+- 🟥 95 minutes in: $162.82 / 147,32 €  *(volume: 4496)*
+- 🟥 90 minutes in: $163.04 / 147,52 €  *(volume: 4345)*
+- 🟥 85 minutes in: $164.11 / 148,49 €  *(volume: 3970)*
+- 🟥 80 minutes in: $166.05 / 150,25 €  *(volume: 3242)*
+- 🟥 75 minutes in: $166.25 / 150,43 €  *(volume: 2883)*
+- 🟩 70 minutes in: $166.59 / 150,73 €  *(volume: 2828)*
+- 🟩 65 minutes in: $166.09 / 150,28 €  *(volume: 2215)*
+- ⬜ 60 minutes in: $166.07 / 150,26 €  *(volume: 2200)*
+- 🟩 55 minutes in: $166.07 / 150,26 €  *(volume: 2193)*
+- 🟥 50 minutes in: $166.04 / 150,24 €  *(volume: 2138)*
+- 🟩 45 minutes in: $166.30 / 150,47 €  *(volume: 1985)*
+- 🟥 40 minutes in: $165.90 / 150,11 €  *(volume: 1936)*
+- 🟩 35 minutes in: $166.38 / 150,54 €  *(volume: 1727)*
+- 🟥 30 minutes in: $166.33 / 150,50 €  *(volume: 1701)*
+- 🟩 25 minutes in: $166.34 / 150,50 €  *(volume: 1614)*
+- 🟩 20 minutes in: $165.79 / 150,00 €  *(volume: 1515)*
+- 🟥 15 minutes in: $165.68 / 149,91 €  *(volume: 1356)*
+- 🟩 10 minutes in: $166.27 / 150,44 €  *(volume: 858)*
+- 🟩 5 minutes in: $166.06 / 150,25 €  *(volume: 679)*
+- 🟩 0 minutes in: $165.23 / 149,50 €  *(volume: 557)*
+- 🟥 US close price: $165.00 / 149,29 €   *($163.50 / 147,94 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1052. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Long  story short, my job had me pay for a company expense that was \~$3000  and said they would reimburse me. Instead of sending me a check, they sent me a Visa gift card (turns out they refuse to do checks for reimbursements). I desperately need that money back on savings account so I can pay my credit card statement, bills and other expenses that I can't use a gift card for. Is there a way to transfer that money from the card back into my bank account?
+
+UPDATE: I'm putting this here for posterity. There were so many comments I couldn't respond to them all. Thank you so much for all of your responses and advice!
+
+What I got was what seems like a typical gift card. I called the card company and they said my card doesn't have ATM privileges. If I let the card expire, they'll send me a new card, but not a check. I talked to my company and explained my situation, but they said this is how they reimburse everyone. They use these "special" gift cards. Freaking crazy.
+
+The expenses: i saw questions about whether it was equipment they made me buy. It wasn't. They asked me to pay for catering for a week-long training. I was doing all of the ordering. They said to present them with receipts afterwards and they'll reimburse me. Then they reimbursed me like this 
+
+The solution: I tried everything with no luck. Finally, a very kind family member bought the gift card from me. They gave me cash and have been using my gift card for their expenses.
+\#ElonOne billboard up in NYC!! LARGEST SCREEN TOO. For those unaware, #AstroElon aka ElonOne is liquidity locked for 100yrs, has an anti devaluation system, holders reward system and an #NFT marketplace on layer 2 eliminating gas fees! Platform Launches in approx 2-3 weeks 👩‍🚀
+
+​
+
+ALSO, an Addictive blockchain game being developed! Dropping after NFT platform 🙌
+
+​
+
+Right now is early🚀 Shooting to a multi billion dollar cap. ONLY $35 mill cap as of now. You saw what the likes of SHIB, Kishu and FEG did after the launch of their products. ELONONE stands alone with their NFT marketplace empowering creators, partnering with celebrities and artists from many industries. This is the next HUGE meme ecosystem, incorporating MEMETILITY like never seen before. 
+
+​
+
+🔥HYPE, MEMES, UTILTY & FUNDAMENTALS🔥
+
+​
+
+NFTs AND GAMING 🚀💫💫
+
+​
+
+OVER 11,000 holders strong 💪🚀
+
+​
+
+DONT MISS ELONONE TRUST ME 🚀
+
+​
+
+For more info visit AstroElon.net 👩‍🚀 or join the ELONONE Army 
+
+​
+
+https://t.me/astro\_elon
+
+​
+
+https://twitter.com/astroelon?s=21
+Surprises me nobody is talking about this but just yesterday some of the RPL devs joined the ETH 2.0 call stating that the current system of rewarding staking rewards to node operators endangers staking pools as there is an economic incentive for node operators to claim the full staking rewards rather than socializing them with whoever they are pooled with.
+
+Not sure why this issue was only so recently discovered despite going through endless audits (that are still ongoing btw). Either way, it was clear that there is no consensus among the ETH2.0 devs to implement the proposed solution by the RPL devs.
+
+Without a change to the ETH2.0 withdrawal spec, Rocket Pool cannot launch. It's clear to everyone that has been following this project that the RPL devs will not sacrifice decentralization. In addition to that, if RPL even becomes semi-centralized, the advantages over staking pools such as LIDO and ANKR are gone. Both players that have a live and working project.
+
+The discussion concerning the solution is going on here: [https://github.com/ethereum/eth2.0-specs/pull/2454](https://github.com/ethereum/eth2.0-specs/pull/2454)
+
+Either way, this essentially means that this already delayed project (original launch date March 2020) will yet again be indefinitely delayed until a consensus is found. Some ETH2.0 devs have even argued that socializing staking rewards shouldn't even be possible in a decentralized way. This essentially kills all decentralized staking including Rocket Pool.
+
+TL;DR: ETH2.0 change necessary before Rocket Pool can launch. No consensus yet, launch potentially delayed by multiple months.
+Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company confirmed.
+
+The announcement ends a weeks-long saga Musk kicked off when he disclosed a large stake in the company. Soon after, the company said he would join the board, only for Musk to reverse course on that plan several days later. Then, he offered to buy the company at $54.20 per share, his “best and final.” That offer valued Twitter at about $43 billion.
+
+Link: [CNBC](https://www.cnbc.com/2022/04/25/twitter-accepts-elon-musks-buyout-deal.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard)
+Hello,
+
+I wanted to reach out to this audience since I don’t think most people have this issue on moving from a high paying job. Using a throwaway so I can share more.
+
+I currently work in finance as a product manager building out one of the firms analytics platforms on the business side in. VHCOL area. My TC is roughly 275k, 175k salary / 80k cash bonus + 20k in stock (vested over four years). I’ve been in this seat for the past 2 years, previously being in a more traditional revenue seat. My day now a days is heavily working with other technology and quant teams. With the casual interaction with other revenue teams. 
+
+There’s been a lot of change in my wider organization  and I was put under a new manager last year and she’s brought her own team. Needless to say we simply don’t see eye to eye and I feel like our priorities are not in sync. I lead a lot of the strategy and build out of our platform which I was working on prior to the reorganization but I’m completely overworked and understaffed for the projects I’m working on. Meanwhile the rest of the team works on other parts of the wider agenda but no one has a project that’s anywhere near as large.  My requests for help or getting other team members reallocated have gone completely unanswered and simply get told everyone is busy. meanwhile our senior management is heavily advertising the platform to the rest of the organization and held as a major deliverable for the team. Additionally they’re starting to play games when it comes to my next promotion, at first I was told I was the only one in line but now got told I have to compete for the next two years with others. 
+
+I’ve been here all of my professional career (12y+) but finally feel like I’ve had enough. I’ll be sad I’m leaving before my platform gets fully rolled out since Ive invested so much time and effort. My LinkedIn gets multiple messages a month, but nothing I’ve been crazy about.
+
+I’ve been able to save a decent nest egg of 800k (my salary has only increased in the past 5 years) but id leave about 50k in RSUs on the table since they’re unvested. I’m 33 and have no kids (possibly 3-5 years out), rent my place, and have a serious GF. Her figures are not included above. My rough FIRE goal is in the 3-5mm range, I save roughly 120k a year.
+
+How do I get comfortable leaving my high paying job and my almost sure path to FatFIRE? I’m afraid that I won’t be able to find something that pays as well and in general dreading the interview process. I’m also afraid I won’t be able to get another product management job given how competitive these jobs are, but that may just be my imposter syndrome talking.
+
+How have others dealt with this? Any advice you can give me? Sorry for the rant!
+The initial token of the DAEX platform will be ERC 20 compatible and a swap at ratio 1:1 will be conducted when the DAEX blockchain is launched. The ticker is DAX token and will be used as reward mechanism and will be used to pay the clearing and for settlement in the DAEX ecosystem. This usage makes the DAX token a core in the ecosystem and this will help drive the value.
+
+A token repurchase program will be conducted to avoid inflation and a phased lock-in program on some tokens issued during the ICO phase. This is aim to maintain a reasonable token amount in the market.
+
+Ticker: DAX
+
+Token type: ERC20
+
+Total Tokens: 2,000,000,000
+
+DAX token Usage
+
+The token can be used in the following scenarios;
+
+Clearing fee
+
+Exchange trade matching fee
+
+Settlement fee
+
+Derivatives clearing fee
+
+Summary
+
+The idea is separating the trading and clearing services into 2 separate entities. Now, the centralized exchange will continue to handle the trading services while the settlement and the clearing services will be based on the DAEX protocol (solution). This will be based on an open source public blockchain which allows traders to be in charge of their fund.
+
+In conclusion, as a DAEX user, you continue to enjoy the benefits (fast and easy trading) of a Centralized exchange and you don’t have to worry about the risk (hack and theft) attached to it. DAEX will get you covered in area of security and more.
+
+That it on DAEX. You will agree with me that this is indeed a laudable project and having a solution for the problems we traders are currently experiencing in today’s cryptocurrency exchange will help to promote crypto adoption.
+
+DAEX has already partnered with a lot of companies and other projects. Some of them are Star.io, BCEX, Bitstamp and other as show in the image below.
+
+I’m so Bullish on this project.
+
+To learn more about DAEX’s cryptocurrency clearing solution, visit online today at
+
+Website: https://www.daex.io Whitepaper: https://daex.io/whitepaper.html
+I understand it's a marathon and not a sprint but been feeling a bit lost lately and saving for the sake of saving is kind of driving me nuts. I do spend a bit but not as much as I'd like without feeling guilty.
+
+I don't know which milestone I should hit in my savings before I ease up and spend a bit more. Has anyone gone through this?
+
+Thanks
+My father passed away suddenly last weekend at 53 and my mother is worried about a lot of things.
+
+The first hurdle is that even though they were together for 30+ years they never married, he never named her as a next of kin on bank accounts therefore they become my responsibility. Obviously I know the money is my mothers and she will get this however are there legalities?
+
+The second thing is they have 3 properties (in both names) she is thinking she might have to pay inheritance tax half of the value? Is this the case? He also had a decent pension, again will she need to pay tax on this? If she hasn't been named as a next of kin will she even get it?
+
+Just needing some quick answers as she is in no way fit to go see a financial advisor but her head is all over the place thinking about this.
+no comment necessary. blah blah blah "if you believe in the stock". blah blah "average down" "reduce your cost basis with calls" I've been around the block.
+
+I sold 30 DTE 750P when the stock was at like 900 and now it's the equivalent of 675. yikes
+
+just surprised that TSLA can fall so hard so fast, after the previous fall that was so hard so fast. Hope these numbers are just because there's speculation Musk will have to dump some shares, and not any real economic justification for TSLA taking a snooze
+I have been on this sub for years, and I don't know why as of late it seems that people are criticizing, mocking, insulting, and demeaning traders that are asking for input or general advice about their investments. It should be possible for us to ask questions about stocks and companies without being belittled by others. I for one would like to see this sub get back to its old self, where people could ask honest questions and recieve honest answers. 
+
+If you like or dislike a stock, cool, but can we just be civil and try to offer constructive criticism instead insults?
+[https://www.trustnodes.com/2021/06/10/iran-to-legalize-crypto-as-soon-as-possible-says-president](https://www.trustnodes.com/2021/06/10/iran-to-legalize-crypto-as-soon-as-possible-says-president)
+
+It looks like El Salvador is leading a trend!
+A friend if mine recently told me that the whole coronavirus debacle has made him a bit more cautious about flying in small spaces with hundreds of people and as a result, he’s going to buy a plane for all of his travel.
+
+While I’m nowhere near his level, it occurs to me that exclusively chartering or using netjets given how often I’d typically fly is not totally unreasonable (not to mention that it would be way easier when traveling with the kids). I would expect maybe 5 trips within the US annually with around a 250k budget. Throw in a trip to Japan or Europe for another 250k. (This is based on some quick estimates from various websites.)
+
+For anyone who has done this, do these numbers seem right? Are there particular companies you liked and is netjets worth the hype?
+Warren Buffet, in a shocking move dumped all his airline stocks in April taking a hit of approximately $5 billion resulting in significant losses for his airlines portfolio. Critics argued that the shutdown was temporary, and air travel demand would bounce back.
+
+Shares even regained the lost value by May prompting many to call Mr. Buffet’s decision unwise. Even the CARES Act was designed keeping six months in mind after which travel demand was expected to pick-up.
+
+Four months after the sell-off, the aviation industry is in deeper crisis and looks like Warren Buffet was right.
+
+Here’s the link https://www.rateacabincrew.com/blog/post/warren-buffet-was-right-about-selling-entire-us-airline-stocks
+https://www.nytimes.com/2019/07/21/us/politics/china-investment-trade-war.html
+
+WASHINGTON — Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 percent since President Trump took office.
+
+Chinese foreign direct investment in the United States fell to $5.4 billion in 2018 from a peak of $46.5 billion in 2016, a drop of 88 percent, according to data from Rhodium Group, an economic research firm. Preliminary figures through April of this year, which account for investments by mainland Chinese companies, suggested only a modest uptick from last year, with transactions valued at $2.8 billion.
+
+Chinese investors are also showing less appetite for residential real estate in the United States. Research released recently by the National Association of Realtors found that purchases of homes in America by Chinese buyers declined by 56 percent to $13.4 billion in the year to March.
+
+Despite the decline, China was still the top foreign buyer of American properties from April 2018 to March 2019.
+Now I have a non-fault accident on my record. It was completely her fault. She didn't contest and even admitted fault. Her insurance paid for my car to be fixed but now I'm stuck with ridiculous insurance premiums. My insurer was esure. What can I do? Is this normal?
+There are new people coming in and asking questions, but getting sandwiched between the 4+ memes for passing 300, and the 4+ memes for passing 350, and another 4+ posts about lambos.
+
+The excitement and content is worth keeping, but maybe it shouldn't account for 3/4 of the front page.
+
+Stuff like developments on ETH ERC20 tokens, and newbie questions are getting blotted out pretty hard, in a time when we need to be most facilitating of newer people.
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
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+
+Enjoy!
+At this point, I use business class exclusively for travel, but still appreciate value.  
+
+Are there any recommended discount business class travel companies that you use regularly for US -> Europe Trips?   I typically book a week or two in advance, so was hoping that there might be a few companies that focus on this space that I should consider.
+After any long period of sustained and steady market growth, there is naturally some consternation when there's a drop in the market.
+
+# Take a deep breath
+
+1. Market downturns are not uncommon or unusual. [Between 1980 and 2017, there were **11 market corrections and 8 bear markets**.](https://institutional.vanguard.com/VGApp/iip/site/institutional/researchcommentary/article/NewsPerspectiveMktDownturns)
+
+2. [Trying to time the market rarely turns out well](https://www.schwab.com/resource-center/insights/content/does-market-timing-work) and most people trying to enter or exit the market based on emotion, gut feelings, and everyone's predictions end up doing far worse than if they had simply continued business as normal.
+
+3. **[Stick to your plan and stay the course.](https://www.reddit.com/r/personalfinance/comments/2jbtyu/investment_pro_tip_stay_the_course/)**
+
+# Get some more perspective
+
+If you're still feeling uneasy after reading the above articles, here are a few relevant videos:
+
+- Warren Buffett: **["to buy or sell on current news is just crazy"](https://www.youtube.com/watch?v=yaXmmaEs-hU&t=24)**.
+
+- Burton Malkiel, author of *A Random Walk Down Wall Street*:
+**["market timing is dangerous"](https://www.youtube.com/watch?v=unFn-ddtqiM)**.
+
+- Rick Van Ness, well-known Boglehead and [AMA guest](https://www.reddit.com/r/personalfinance/comments/3v037n/im_rick_van_ness_i_run_a_nonprofit_to_educate/): **["stay the course"](https://www.youtube.com/watch?v=aHi2RdQ81Yk)**.
+
+Note that all of these videos predate recent events, but the advice remains the same. Don't make an emotional decision, don't try to predict where the market is headed in the short run, and make decisions for the long run. You're investing for decades, not trying to predict the Dow or S&P 500 next week, next month, or even next year.
+
+# What should you do?
+
+Keep following the advice in ["How to handle $"](https://www.reddit.com/r/personalfinance/wiki/commontopics) and the [Investing wiki page](https://www.reddit.com/r/personalfinance/wiki/investing).
+
+Finally, we're going to link this great post by /u/aBoglehead a second time: **[Investment Pro Tip: Stay the Course](https://www.reddit.com/r/personalfinance/comments/2jbtyu/investment_pro_tip_stay_the_course/)**.
+
+edit: fixed a broken link
+Hi all,
+
+The markets are on track for a third straight green day with Dow currently at +4% at the time of this writing, and having that crazy rally 3 days ago with 13%\~ increase.
+
+Historical unemployment rates that are worse than the great depression and no solution in sight for the virus (especially in the US with the president not taking action with a full lockdown) means that there are many more deaths to come. The tourism, entertainment and sports industries (among full others) are completely crushed. And we still didn't get to the supply chains issues (Iphone 12 has been postponed by a few months already, total smartphones shipments have decreased YoY in the most amount ever, etc).. What makes America a powerhouse - consumerism - is on hold. So why are the stocks going up? Is this truly phase 2 of a bull trap or magically the US decided that printing money and offering 2 trillion dollars will solve everything and they were actually right?
+
+Maybe I'm stupid, maybe I waited too much on the sidelines but when you hear that even the Olympics got postponed which *only happened previously twice at war times*, it's almost 'obvious' that the market will at least crash more than 2008, at least.
+
+So, thoughts? Yeah, I know that this might be the daily what if thread but also I'm truly confused. Would love your thoughts on this wild market right now.
+I bought my first duplex and live on one side now. I plan to continue doing this and buying more multi family homes. For those that have house hacked or continue to do so do you plan on eventually settling down in a nice single family home that you like? Or is this something that people generally do forever?
+I've been searching this sub and google and am coming up short....
+
+​
+
+why does there not seem to be *anything* that simply details step by step what happened at each point of the deal?  
+
+
+My partner(s) and I are trying to buy our first property and we just don't know when things are supposed to get done.  
+
+
+Our agent kind of sucks.. we just clicked the "I'm interested!" button and filled out our contact info and someone called us. Guessing that was a mistake?   
+
+
+At what point are we supposed to ask all of our questions? When can we get the rent roll? Or when can we ask for proof? Do we have to make an offer first? Can we just tell the agent to ask? Can I get a new agent because she sucks and replies slow?  
+
+
+Can't find shit on the order of actual things happening. Everything seems to assume covid doesn't exist and  we have an agent that replies more than a couple times a day.  
+
+
+I see so much "your agent will help you take care of \_\_\_\_\_\_\_\_\_\_"... will she?  
+
+
+Not so sure of it... is there just somewhere to read what happens step by step by step ?
+Hi everyone
+Looking to purchase a waterfront home listed for $3,375,000 in Florida.  We just made an offer.  I need recommendations as to where to look for the best rate on a jumbo mortgage.  I’m thinking of a 30 year fixed mortgage with 20-25% down.  This would be our dream home and likely our forever home.  Still working.  Kids are in high school and elementary school.  I can afford a bigger down payment and a faster pay down but am thinking it’s probably a good idea to leverage the current low interest rates rather than pull money from investments.  With 20-25% down I can comfortably make the payments from current employment. 
+
+My current home will likely fetch $1.725 million and I will have about $1 million in equity, which I can put into paying the new mortgage down or put back into the market. 
+
+Do you recommend reaching out to a mortgage broker or just our local banks?  Any discount programs anywhere?  
+
+Thanks again.   Any thoughts or suggestions are welcome.
+I had an early-career windfall that allowed me to leave “biglaw” after a few years. I want to spend the next couple decades doing environmental work (I’m picking up an LL.M. in environmental now). 
+
+I’m debating whether to join an environmental nonprofit as a low/mid-level attorney. I’d prefer to find an arrangement that’s slightly less than full time and with opportunities to travel. I’m a major donor at a couple environmental nonprofits, but there’s a heavy focus on equitable opportunities in hiring, so not sure I could easily leverage that into a unique position. 
+
+I’m considering starting my own 501c3, but environmental cases are big and doing them alone is ambitious if not impossible. 
+
+Would love to hear how other attorneys were able to keep using their JD after FIREing. Thanks!
+Remember Bernie Madoff, he had pension money (From memory a big Fairfield pension fund among others). Most pensions can’t invest in long/short hedge funds. Shorting is deemed too risky for most pensions. 
+
+Now are there some stupid pension funds at citadel? Probably? But when the media says this can hurt pensions, that’s FUD to make you feel bad and question your decisions. 
+
+Heres my take, any pension fund who has money with a long short fund is not Fulfilling their duty as plan administrator and it’s on them. Not fair to them, but why invest the pension in a long/short fund buddy? 
+
+I don’t have a super high level of education and even I know that.  
+
+So the next time the media points this out - understand it’s Probably FUD and 99pct of the clients at citadel are Probably ultra wealthy ass hats who bought in to a pitch of “we can fuck the peasants legally” and can totally afford the risk and losses they took. 
+
+So don’t feel bad. Remember you helped save a company that was the victim of illegal manipulation and financial engineering. 
+
+Holding and buying GME, educating others and spending money at GME is the way. But most importantly - ignore the FUD! 
+
+HEDGIES ARE FUKT!
+
+Edit - fixed up some grammar, minimal changes - thanks for the awards apes!
+Since I haven’t seen the weekly “Something about this week is just different” or the “does anyone else feel like something is coming?” Here I am gonna say. 
+
+This week I feel like is the real endgame. 
+
+One of these weeks this type of post will be right. And here I am making one in hopes of being right. Thank you apes for being patient. 
+
+TLDR: TO THE FUCKING MOOOON 🚀🧨🚀
+Recently I'm seeing solid dividend paying companies on my watch list like Home Depot, Target, and Caterpillar spike out of an "add" price range, and I'm wondering what companies you guys still have in your "add" price range after the recent market rally?
+The weekly ICO thread has been difficult to follow due to the volume of projects. (There are more ICO's in November than any month and a ton of low quality projects have introduced noise)
+
+I often hear *"Nobody gets returns on ICO's any more"* and *"ICO's won't pop unless they hit their cap"*. I generally agree with these points, but a number of projects currently still show excellent ROI (even when compared to ETH). 
+
+I did a deep analysis of a ton of similarities between successful projects that have shown a good ROI. 
+
+**Projects I analyzed included:** adToken, TenX, Metal, FunFair, district0x, Kyber, 0x, OmiseGo, etc. And some recent projects that have shown ROI (Chainlink, Requent Network, etc) 
+
+##**The three most consistent traits I found were:**
+
+* **1) Team:** Really high quality teams & advisors
+
+* **2) Communication:** Founders who actively communicating with the community (Most were active on Reddit and posted Weekly updates. This drives more long term holders)
+
+* **3) Traction:** Active partnerships with the community (This helps raise awareness to people who backed other projects), Customers, Product built
+
+##**Here is what I found:**
+
+**Project Name:** [Bloom](https://hellobloom.io)
+
+* **Team Credentials:** 4 Stanford Engineers, Thiel Fellows (with Vitalik), Built $100m+ businesses, Previously raised VC funding, founded Stanford Bitcoin Group
+* **Advisors:** Joey Krug (Augur / Pantera Capital), Joe Urgo (Coinbase / District0x), Meg Nakumura (Shift Card)
+* **Project Overview:** Decentralized credit scoring. Bloom allows both traditional and digital currency lenders to serve billions of people who currently cannot obtain a bank account or credit score.
+* **Partnerships:** ETHLend, Everex, Lendoit, Self Lender, district0x
+* **Community Activity:** Weekly development updates, 100's of comments and upvotes on Reddit, founders very active in Slack, 5000+ in Slack, Attend conferences, r/BloomToken
+* **Token Sale:** November 30th
+
+**Project Name:** [SpankChain](https://spankchain.com)
+
+* **Team Credentials:** CEO worked at Consensys on adToken, Sergey Ukustov is an expert at State Channels, both experienced in building product
+* **Advisors:** Matt Liston (Gnosis), Steven McKie, Joe Urgo (district0x), Kayden Kross
+* **Project Overview:** Blockchain-based infrastructure for the Adult industry. Eliminates third party intermediaries and unfair payment practices while providing more powerful privacy and security.
+* **Partnerships:** district0x, Janice Griffith, Connext, Machinomy
+* **Community Activity:** Very active on Reddit, weekly updates
+* **Token Sale:** Ends tomorrow
+
+**Project Name:** [PROPS by YouNow](https://propsproject.com/)
+
+* **Team Credentials:** CEO Founded YouNow and made #1 iPhone app, CTO's built a number of applications, Team all comes from history of successful startups
+* **Advisors:** Jake Brukhman (CoinFund), Marco Santori (Cooley), Nick Tomaino (1Confirmation), Manuel Araoz (CTO Open Zeppelin, Decentraland)
+* **Project Overview:** A Decentralized Ecosystem of Video Applications. PROPS is a new cryptocurrency that grants access to features, content and status across media apps that share a currency and identity layer, and whose users benefit from the PROPS rewards pool.
+* **Partnerships:** YouNow
+* **Community Activity:** Active on Reddit, r/PROPSProject
+* **Token Sale:** November 20th
+
+**Project Name:** [uTrust](https://utrust.io)
+
+* **Team Credentials:** Serial entrepreneurs, 16 People on the team, including a number of software engineers.
+* **Advisors:** 3 PHD's as advisors 
+* **Project Overview:** The payments platform of the future. Provides sellers with the safety and convenience of receiving funds in fiat currency, and offers consumer-protection to buyers. 
+* **Partnerships:** Soma
+* **Community Activity:** Reddit AMA's, frequent updates
+* **Token Sale:** November 2nd (still active)
+
+**Project Name:** [bounty0x](https://bounty0x.io)
+
+* **Team Credentials:** CEO is an Attorney, worked for WeTrust and District0x. CMO writes for CoinTelegraph. CTO served as an engineer for Reuters. 
+* **Advisors:** A number of advisors experienced in entrepreneurship and tech
+* **Project Overview:** Decentralized bounty hunting network. Platform enabling anyone to manage bounty programs, and bounty hunters to receive payment for completing bounty tasks.
+* **Partnerships:** Three confirmed clients. 
+* **Community Activity:** Very active on reddit, r/Bounty0x, Active consistent updates for ~5 months
+* **Token Sale:** November 20th
+
+
+
+##**Some Notes:**
+
+**Hitting the hard cap:** This actually doesn't seem to correlate to a "pop" as much as you'd intuitively think. District0x is performing very well, for example, and only raised 20% of their $50m cap. Same goes for many of the other projects showing a good ROI. 
+
+**Market Conditions:** Alts have been on a bumpy ride, but plenty still show a ROI, even recent ones. You just have to pick the ones you think will get funds backing them. Institutional funds are aggressively ramping up. Good projects that get large backers still raise plenty: Grid+ ($32m), Raiden ($33m), Enjin ($22m), WAX ($42M), QASH ($106m), Cosma ($95m), Ripio ($37m), Ignis ($21m), Polkadot ($145m), BLOCKv ($21m)
+This is MY lesson from the last few months i have been dealing with cryptocurrencies.
+
+I am not a trader and i tried to be one.
+I believe in the technology, i have strong faith in ethereum devs and i absolutely dont know shit about trading.
+
+People here chant sell the peaks buy the dips - they are right, but this is much harder to do than you might think. And this is even truer in the crypto world. Even professional traders i know (who are also invested in crypto) dont dare to trade it. It a whale playground. There is absolutely no telling what is going to happen. In the next month, week, days, hours and even minutes.
+
+I thought i was smarter, and i was burnt, i lost like 50 eth. For some it's a small amount, for some it's significant, but i lost it. Probably to a fat whale.
+
+Today i decided, that from now on i will seat back and do absolutely NOTHING. I have my goals, and thats it. From now on i am a passive rider.
+
+If you are depressed that your wallet isnt filled with more eth, you should look forward to POS. You can actually make your stack bigger by just having a nice amount of eth, locking it up and doing nothing. It is still quite far down the road but we will get there. Sooner rather than later. Be paitent.
+
+So my advice is to just hodl, be paitent, and maybe try to check on the price less frequently.
+Especially if you are not a trader, and even if you are, not trading is almost stress free.
+
+Oh and btw - Stay the fuck clear out of margin trading and more so - high leveraged one. It will consume your savings in minutes.
+
+Peace N Love 
+
+
+Welcome to the Daily General Discussion thread of /r/EthTrader.
+
+***
+
+Thread guidelines:
+
+-  Please refrain from discussing non-Ethereum related tokens here. You are welcome to discuss altcoins in the Daily Altcoin Discussion thread.
+-  All [sub rules](https://www.reddit.com/r/ethtrader/about/rules/) apply here so please be familiar with them.
+
+***
+
+ Resources and other information:
+
+* Find the latest Altcoin Discussion thread in [this search listing](https://www.reddit.com/r/ethtrader/search?q=author%3Aautomoderator+title%3Aaltcoin&include_over_18=on&sort=new&t=all).
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+I'm getting really tired of seeing the same shitty websites create "news" stories about things that are completely subjective or are a rehash of news that happened days/weeks ago.  
+
+Is anyone else tired of the same thing?
+
+EDIT:  I just went through the first 3 pages of /r/cc and found 2 legitimate news links.  1 was a medium blog post from a well known crypto giving a update on development, 1 was a link to an article that linked an SEC report regarding cryptos.  The latter could have just been directly linked instead.  I'm firmly of the opinion now that *most* if not all of the news links should be removed.
+My life changed because of one silly post that I came across on reddit. It was a pic of someone holding up their paper wallet from a bitcoin atm showing both public and private keys. The picture made me wonder if there were any nearby bitcoin atms, so I did a quick google search and found an atm 20 minutes away from me. I went to the atm and put in 50$ just to say that I had some bitcoin. I signed up for /r/bitcoinbeginners and learned about Coinbase. After signing up with Coinbase, I started researching the "other" crypto being offered and learned about /r/cryptocurrency. I started buying eth at 8$ and eventually invested 30% of my net worth in crypto. 
+
+I stuck with eth during lows & highs and yes I do regret sometimes not selling at top during last bull run. This month I decided that I wanted to set a baseline on what I would get with my crypto investment. I sold enough eth and bitcoin to pay off the mortgage to my house and compensate for taxes. Today I went to the bank and turned in my final house payment. No matter what happens to crypto from here on out, I have a house. Paying off the house was never a goal for 2020. Hell, it wasn't even a goal for the next decade.
+
+Do I think ETH will hit above $1400 again? Yes, and it might happen next week or next year or half a decade. I've never doubted the technology. However, getting rid of my mortgage takes an immediate, priceless weight off my shoulders. I work in an industry where layoffs always seem to be on the horizon, and it's hard to get a job when everyone is out of a job. Now I don't have to worry about keeping a roof over my family's head. The relief is euphoric.
+
+I'm not completely off the crypto ride. I still have a good amount of eth left. I'm going to invest a small amount per month back into eth and bitcoin to slowly build my stockpile back up, but I'm not in any rush. I'd like to thank this sub as well as many others for all the knowledge, advice, and entertainment.
+
+TLDR - Paid off my house with cryptocurrency gains. Financial freedom is something everyone deserves.
+[Good afternoon r\/Superstonk, Jellyfish here with single-family home housing data to review. ](https://i.redd.it/12wmmman2md71.gif)
+
+[https:\/\/www.census.gov\/construction\/nrs\/pdf\/newressales.pdf](https://preview.redd.it/aq8j2hyxwld71.png?width=957&format=png&auto=webp&s=f03b21f68313d858f79b88583585ce6538c314c7)
+
+Sales of new single-family houses in June fell by 6.6% from May, and by 32% from the peak in January, to a seasonally adjusted annual rate of 676,000 houses, the lowest June since 2018, according to the [Census Bureau](https://www.census.gov/construction/nrs/index.html) today. This has brought new house sales back to pre-pandemic levels.
+
+https://preview.redd.it/gi2wkzyaxld71.png?width=1460&format=png&auto=webp&s=3ef499f0187c2902c9942cf0ca990616202fe1a4
+
+[ Supply jumped to 6.3 months at the current rate of sales, as unsold speculative inventory for sale jumped to 353,000 houses \(seasonally adjusted\), the most since December 2008 ](https://preview.redd.it/xodlq1isxld71.png?width=1779&format=png&auto=webp&s=c833fcf097975dcb7bb9db325eb3a47e7993ffeb)
+
+https://preview.redd.it/oaimxynvxld71.png?width=2932&format=png&auto=webp&s=6625571491515a82abc7f1d8664c43e925799da8
+
+[The median price dropped by 5.0% in June from May's $380,700 to $361,000, \(lowest since March\). In April, the median price was up 22% year-over-year; in May it was still up 20%; in June, it was up 6.1% year-over-year](https://preview.redd.it/8qass6a4yld71.png?width=1401&format=png&auto=webp&s=1d696b1cbff68fbe9431ef0dae971909593619bb)
+
+[Is the market starting to run out of steam? ](https://preview.redd.it/8t4t5inoyld71.png?width=2920&format=png&auto=webp&s=908e3783fb060db1dd6435cee6fc4da0e7ce5463)
+
+# So what is happening?
+
+Almost nothing was sold in the under $200,000 price category (2% of sales in June). The under $300,000 price category accounted for only 29% of total new house sales (down from 39% June of last year).
+
+https://preview.redd.it/d1c0b2sf0md71.png?width=948&format=png&auto=webp&s=315d613fe988975fe53c47b5d7ba95306718fbab
+
+That’s where all the buying had been occurring when everything was going gangbusters, but anyone looking for a new house under $300,000 is now priced out.
+
+On the high end though, people with money are loving the Fed going brrr!
+
+[Houses with a price of over $500,000 accounted for 28% of total sales in June, up from a share of 23% in May, 15% in June 2020, and 14% in June 2019. ](https://i.redd.it/q040usp50md71.gif)
+
+At the high end, big money is spending on new houses. If you can't spend more than 300k on a house?  Enjoying renting for more than what a mortgage is.
+
+[ u\/Alldayshorts420 ](https://preview.redd.it/6pn6saa81md71.png?width=802&format=png&auto=webp&s=9dea7e97e0ec63448c05ef2fec09b223b0e518ed)
+
+# This is what this new Fed-directed money-printing economy has turned into, inflated asset prices that has priced people out of homeownership!
+
+I just wonder how long the high-end demand can prop up the housing market? Especially since it was the 'little guy' carrying the burden last year--numbers show they are now priced out.
+
+# Prices are all still jumping though!
+
+The [Construction Cost Index](https://www.census.gov/construction/nrs/index.html) by the Commerce Department was also released today. It tracks construction-related costs of single-family houses under construction but excludes the cost of land and other non-construction costs.
+
+In June the index rose by 0.7% from May. Over the past six months annualized, the index spiked by 13.8%. Year-over-year, the index spiked by 11.1%, the biggest year-over-year jump since May 1980!
+
+[https:\/\/www.census.gov\/construction\/nrs\/pdf\/price\_uc.pdf](https://preview.redd.it/6657nbn22md71.png?width=995&format=png&auto=webp&s=4ca8407ec1a44100cc187baab7035975ed702fae)
+
+# All of this happening in the backdrop of the Fed still plowing away with [$120 billion in assets purchases each month](https://www.wsj.com/articles/central-bank-will-begin-reducing-bond-purchases-well-before-raising-interest-rates-powell-says-11618421656):
+
+$40 billion a month in mortgage-backed securities. This will continue to depress mortgage rates and **only continues to add gasoline to the inflation fire**.
+
+$80 billion in Treasury securities a month (with policy rates near 0%): represses short-term and long-term interest rates in general, and inflates asset prices and consumer prices, which **further DESTROYS the purchasing power of the dollar**.
+
+TL:DR The Dollar losing purchasing power + Inflation = Permanent Loss of purchasing power.
+
+Unless one of the many other catalysts triggers the MOASS, [I believe inflation is the match that has been lit that will light the fuse of the rocket](https://www.reddit.com/r/Superstonk/comments/oe6i3l/tldr_i_believe_inflation_is_the_match_that_has/).
+
+**Buckle Up.**
+
+[ Thanks for dropping by and taking a dive, have a GREAT rest of your Monday! Please let me know if you have any questions or ideas on other areas to explore, happy to try and help! ](https://i.redd.it/w12tboyi2md71.gif)
+Hello guys, 
+
+​
+
+I am working on hyper optimisation script for a specific crypto pair.
+
+​
+
+I have coding experience but I don't have any expertise in technical analysis and I can not assess value of the specific indicator in **alogotrading**.
+
+​
+
+In your opinion , what are your best buy/sell indicators that really help?
+
+​
+
+Thanks in advance!
+Hi all   
+
+
+I am hoping to get some advice.
+
+My property is on the front of a block. My street number is 1/12, my neighbour's battle-axe shaped property is on the back of the block, with their drive away going on the side of my house. Their property is currently numbered 2/12.  
+
+
+We are now splitting the land title, and my neighbour wants to change their property to number 12 (Without the unit number). Mine will remain 1/12.   
+
+
+Should I be worried about this? Is there anything else I should be concerned about? Would this affect my property value?   
+
+
+Thanks in advance
+The problem we seem to have at the moment is people choose between the worst aspects of capitalism and socialism. The socialists seem to think we dont need the rich but they fail to realise the reason we have most our technological products are due to the high risk high reward system we have. The capitialists seem to think that the system will look after itself and it will come to a natural medium. But this is not what happens. The people at the top pull up the ladder behind then to stop other from gaining in order to become super wealthy. 
+
+In order to stop this more regulation should be introduced to stop this happening. It would only take a small bit of legislation to improve the economies. One example i thought of is if all companies have to meet certain percentages of payments made to employees. ie. the bottom 90% of employees must be paid at least 50% of the total remuneration paid (ie wages, shares, bonuses, etc) to employees. So this would allow the lower wage employees share in the success/failure in a company. The employee would be paid his/her normal wage and would recieve a bonus at year end. This might mean a bonus of 5k at the end of the year and would allow each employee feel like they made an impact to the company (which they would have). This just stops huge bonus payments paid to the top few people. The top people still get substantially rewarded due to the work that they have done but are not overly compensated and all employees are rewarded.
+
+This would cause a huge multiplier affect in the economy and each person would feel more loyality to their company. This is just an example so I have not included all benefits or drawback this may have but I think it would have a huge effect. This would increase growth in the economy by 5% in its first year as money is now circulating around each local economy and not just the banks or financial institutions.
+
+I know this is not going to solve every problem but it will definately help. I know this system would need to be introduced in a nearly all countries for it to take full effect but we need to try something else. I know they may be problems with this method and I would like to recieve feedback and see what other regulation could be introduced to help the 90% not just the top 10%.
+​
+
+https://preview.redd.it/c7jn8d4hwpd71.png?width=1600&format=png&auto=webp&s=92fd2161c68a11f8805ad337dfdb4d95d4310e17
+
+Good Morning Apes,
+
+​
+
+Today there were quite a few posts that I wasn't sure if they should be added in, sorry if I accidentally dismissed something important or newsworthy, I'd recommend that you take a look for yourself just to make sure.
+
+https://preview.redd.it/96av0lyhwpd71.png?width=680&format=png&auto=webp&s=a08ba319c5e5baaaff8e8cdccbd82d250be576b4
+
+​
+
+# [🔴Daily Reverse Repo Update 07/26: $891.203B🔴](https://www.reddit.com/r/Superstonk/comments/os3cn6/daily_reverse_repo_update_0726_891203b/) - [u/pctracer](https://www.reddit.com/user/pctracer/)
+
+[credit to u\/pctracer](https://preview.redd.it/ttb8qhrkwpd71.png?width=700&format=png&auto=webp&s=2967dd370c3949f654bb78d16926e57c5488df57)
+
+​
+
+# New GameStop Newsletter
+
+[GameStop’s official twitter account, shared this link to a new newsletter. Check out the links in the menu of the page.](https://www.reddit.com/r/Superstonk/comments/osazeu/gamestops_official_twitter_account_shared_this/) \-  [u/Ashage](https://www.reddit.com/user/Ashage/)
+
+[https://newsletter.gamestop.com/](https://newsletter.gamestop.com/)
+
+GameStop has a new newsletter but there is a bit of a disagreement in the comments on whether this is a customer newsletter or an investor newsletter as all the menu items are for investor relations rather than customer stuff.
+
+​
+
+# [You can donate GameStop reward points to make a wish foundation](https://www.reddit.com/r/Superstonk/comments/osap6y/you_can_donate_gamestop_reward_points_to_make_a/) -  [u/Game\_man04](https://www.reddit.com/user/Game_man04/)
+
+[credit to  u\/Game\_man04](https://preview.redd.it/62p7qhzvtpd71.png?width=1080&format=png&auto=webp&s=fcf3b1af6a50ccf29b03be3a370eed19e13f48fb)
+
+​
+
+# [I CAN'T HEAR YOU: Closed with 1.23 Mil volume! Another high score since 2020 AND YTD!](https://www.reddit.com/r/Superstonk/comments/os6wr1/i_cant_hear_you_closed_with_123_mil_volume/) - [u/edgar510](https://www.reddit.com/user/edgar510/)
+
+[credit to u\/edgar510](https://preview.redd.it/7xmz9owowpd71.png?width=684&format=png&auto=webp&s=058314011f89401dc560524f08cdf8344f355e74)
+
+Volume just keeps on shrinking.
+
+​
+
+# [THE SIMPLEST EXPLANATION IS USUALLY THE CORRECT ONE. 💡](https://www.reddit.com/r/Superstonk/comments/oscepm/the_simplest_explanation_is_usually_the_correct/) - [u/FlacidPasta](https://www.reddit.com/user/FlacidPasta/)
+
+[credit to u\/FlacidPasta ](https://preview.redd.it/p89w7l0yqpd71.png?width=640&format=png&auto=webp&s=8b6a65d1c07a53174be48db952424f6aacfb155a)
+
+Tony Kim on LinkedIn essentially lays his take that the SR-NSCC\_202-010 is to prevent SHF from mass selling-off shares to meet margin calls instead they will get a money loan and the DTCC holds the Shares, this is to help cushion a market crash and he lays out Occam's razor for the GameStop situation.
+
+​
+
+# [📣🔥 Major Tom, The Art Of War 💎🙌](https://www.reddit.com/r/Superstonk/comments/os0jbl/major_tom_the_art_of_war/)
+
+How does tom keep pumping out so much every day it's almost starting to get ridiculous.
+
+​
+
+# [SUPERSTONK GEOGRAPHIC: Vol. 2, No. 1 | July 2021 - Link to interactive page flipping pdf in comments (20pgs)](https://www.reddit.com/r/Superstonk/comments/ory23d/superstonk_geographic_vol_2_no_1_july_2021_link/?utm_source=share&utm_medium=web2x&context=3) - [u/zedinstead](https://www.reddit.com/user/zedinstead/)
+
+zedinstead has made another magazine with 20 page about apes our memes and theories.
+
+​
+
+# [(Release No. 34- 92495; File No. SR-GEMX-2021-07) Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Opening Process. Primary Market Maker must enter a quote in 90% of their assigned series in 1 minute.](https://www.reddit.com/r/Superstonk/comments/os6lmg/release_no_34_92495_file_no_srgemx202107/) - [u/Dismal-Jellyfish](https://www.reddit.com/user/Dismal-Jellyfish/)
+
+I'm not really sure what this means but I'm putting it in to see if you can make sense of it.
+
+​
+
+# [What does it mean when Wall Street firm tells staff "Everybody take the week off"; layoffs coming?](https://www.reddit.com/r/Superstonk/comments/os2a5m/what_does_it_mean_when_wall_street_firm_tells/) - [u/appleflaxen](https://www.reddit.com/user/appleflaxen/)
+
+Seems like their excuse for the week off is due to wanting to avoid burnout but we all know it's most likely a coming mass layoff. The firm is Aquiline Capital Partners. Edit apparently Aquiline have little to nothing to do with the stock market so ignore this one.
+
+​
+
+# Housing market Inflation
+
+[Inflation Alert! Sales of new single-family houses in June plunged by 6.6% from May, and by 32% from the peak in January, to a seasonally adjusted annual rate of 676,000 houses, the lowest June since 2018, according to the Census Bureau this morning. Median sales price $361,800, Avg. price $428,700](https://www.reddit.com/r/Superstonk/comments/os6hwi/inflation_alert_sales_of_new_singlefamily_houses/)
+
+More Inflation every day and it just won't stop.
+
+# Housing and stock bubble
+
+[We are finally seeing news articles that report on what we've been hollering about all along. We're getting close, apes. I can feel it. politico.com/news/2...](https://www.reddit.com/r/Superstonk/comments/os3p7s/we_are_finally_seeing_news_articles_that_report/) \-  [u/ThePlumBum](https://www.reddit.com/user/ThePlumBum/)
+
+politico has put out an article that "critics warn of housing, stock bubble".
+
+​
+
+# [TODAY is the next T+21 date. It seems forgotten, as some Apes have speculated it is not a real thing because of June 24th. But whilst not perfect, since RC Ventures bought in last August, T+21 \*has\* delivered some strong price actions far more often than not... (Just a reminder, not a prediction!)](https://www.reddit.com/r/Superstonk/comments/orvssm/today_is_the_next_t21_date_it_seems_forgotten_as/) - [u/Region-Formal](https://www.reddit.com/user/Region-Formal/)
+
+As Region-Formal says T+21 is currently considered not to be factual but the fact remains that there has been action on most t+21 so far so we should look out for the next few days to see if there are any significant price action otherwise t+21 should probably be considered to be debunked.
+
+​
+
+# Elliott wave guy
+
+[We Are PRIMED FOR LIFTOFF 🚀](https://www.reddit.com/r/Superstonk/comments/oscnbb/we_are_primed_for_liftoff/) \- [u/possibly6](https://www.reddit.com/user/possibly6/)
+
+possibly6 believes we are set for a bull run but we are just gonna have to wait and see so expect nothing hope for everything.
+
+​
+
+# MACD crossover time
+
+[The trading day has finished and it is official! MACD CROSSOVER ON THE DAILY! GET JACKED STAY JACKED!!](https://www.reddit.com/r/Superstonk/comments/os7fsi/the_trading_day_has_finished_and_it_is_official/) \- [u/JAIMEJAQUEZJR](https://www.reddit.com/user/JAIMEJAQUEZJR/)
+
+[Since the beginning of 2021 , GameStop's daily MACD indicator has reversed into the Green only 3 times (4 if you count April, but we had our offering which very briefly suppressed the price) .. Looks like it's time to start Round 4 😉 Readyy... FIGHT 🤑](https://www.reddit.com/r/Superstonk/comments/oshcq8/since_the_beginning_of_2021_gamestops_daily_macd/) \- [u/I\_Eat\_Booty](https://www.reddit.com/user/I_Eat_Booty/)
+
+MACD has crossed over this kind of ties into Elliott wave guy that it's another indicator for a bull run but as I said "we are just gonna have to wait and see so expect nothing hope for everything."
+
+​
+
+# [Robinhood IPO is set to be on the market on Thursday.... DO NOT GO NEAR IT!!!](https://www.reddit.com/r/Superstonk/comments/orzplz/robinhood_ipo_is_set_to_be_on_the_market_on/) - [u/Thorfax117](https://www.reddit.com/user/Thorfax117/)
+
+Now we all know not the care about robbin the hood ipo but it's good to remind not to care.
+
+​
+
+# [How to NOT Get Hacked After MOASS](https://www.reddit.com/r/Superstonk/comments/oshz3x/how_to_not_get_hacked_after_moass/) - [u/interiumray](https://www.reddit.com/user/interiumray/)
+
+interiumray have made a post about hack prevention, Main things are turn on multifactor authentication, don't click random links, don't give out your info to anyone. Also remember to get a VPN and stay anonymous.
+
+​
+
+Yesterday I asked you guys to think about and decide If, who and how the Daily stonk should continue after I return to work but after reading the comments I realized that ofc nothing would happen if I just left it out in the air essentially causing a kind of bystander effect as asking no one in particular to take up responsibility will cause no one to actually take up responsibility so after all the comments about wanting the daily stonk to continue as a group effort which I recommended I have been working on creating a system for it and will ask for volunteers, it's not done yet so I will talk more about it tomorrow but I think it's looking good so far.
+
+​
+
+And just a friendly reminder that I'm not a mod as there has been a little bit of confusion about that as of late, although I appreciate the sentiment :)
+
+​
+
+https://preview.redd.it/efgzybsbjqd71.png?width=554&format=png&auto=webp&s=42aafef268b148a97f7b3e9f3858f3c0d3c08e23
+
+EXCELLENT!
+
+Be friendly, help others!
+
+As always we are here from all different walks of life and all different countries.
+
+This doesn't matter as we are all apes in here, and apes are friends.
+
+Doesn't matter if you're a silverback a chimp or a bonobo.
+
+**We help each other, we care for each other.**
+
+**Ape don't fight ape, apes help other apes!**
+
+This helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
+
+Remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
+
+There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
+
+**We don't care, just be nice and let's make this community as Excellent as we can!**
+
+Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
+
+Don't try to exploit your fanbase, this would also be excellent!
+
+Remember none of this is financial advice.
+
+If anything happens throughout the day we will be adding it here.
+
+Backups:
+
+[https://twitter.com/ByeTriangle](https://twitter.com/ByeTriangle)
+
+[https://twitter.com/BradduckF](https://twitter.com/BradduckF)
+
+[https://twitter.com/ButtFarm69](https://twitter.com/ButtFarm69)
+
+Edit forgot the ted and bill excellent image
+
+Edit
+
+# Transferring troubles
+
+[I think they can't locate my shares because I been trying to transfer my account for the last 4 months and they partially transferred my GME shares today after multiple attempts!!!](https://www.reddit.com/r/Superstonk/comments/os84cz/i_think_they_cant_locate_my_shares_because_i_been/?utm_medium=android_app&utm_source=share) \-  [u/Mammoth-Priority-516](https://www.reddit.com/user/Mammoth-Priority-516/)
+
+It has been known that transferring has been strange for half a year now but many can still transfer and buy so I think this is more that brokers transfer systems are god awful rather than them being unable to locate shares, although I wouldn't be surprised if they have a hard time doing that as well.
+
+​
+
+Edit apparently Aquiline Capital Partners have little to nothing to do with the stock market so ignore that one.
+
+Edit accidentally credited  u/possibly6 for [u/Ashage](https://www.reddit.com/user/Ashage/)'s [GameStop’s official twitter account, shared this link to a new newsletter. Check out the links in the menu of the page.](https://www.reddit.com/r/Superstonk/comments/osazeu/gamestops_official_twitter_account_shared_this/) post
+For better understanding, my fiancé and I consider our finances to be combined.
+She has a car loan of $2,968 with an interest rate of 4.49% and a payment of $235.05. I have an unsubsidized student loan currently worth 4K with a 2.75% interest rate (when student loan interest resumes in September) that I don’t have to make payments on until 04/2024. My student loan disburses 2K quarterly. Her loan has a higher interest rate, but since my loan is worth so much more and will continue to grow, my question is, when we have extra money, should we put it towards paying off her car loan sooner, or keeping the principle of my loan lower? Please explain it like I’m five.
+
+Additional info that may influence your advice, we have 2k in 2 CDs, 12k in two high yield savings accounts, and 11k in a betterment individual taxable account.
+
+Edit: Everybody has pretty much said to pay off the car first. So how much is it worth to be making payments on the car over time for credit, over paying it all off immediately. We will want to get a house but I don’t see it in the immediate future. We already have two cars. I can’t think of any other major expenses. Her credit is in the high 700s, I have had credit for less time so I’m somewhere in the 600s.
+
+Edit: So far we alternate who pays for lunch and stuff like that but we haven’t otherwise combined our money in any really significant way. I had been considering putting our money into a joint cash reserve (high interest savings) account with betterment though.
+https://imgur.com/TJlgFET
+
+I was wondering if we wanted to spruce up the place a bit. I know most of us probably still frequent WSB and like to stop off here to learn theta strategy. Seemed a fitting logo to me. I did my best... I am not a graphic designer, I really just wanted to float the idea.
+
+From the theta wiki: In ancient times, Tau was used as a symbol for life or resurrection, whereas the eighth letter of the Greek alphabet, theta, was considered the symbol of death.
+Hi all,
+
+I work for a large International IT company and was enrolled in their pension scheme when I joined 5 years ago.
+
+I have just received my annual letter with projections of what I could get when I retire and to be honest (not sure what I was expecting) its a bit depressing. 
+
+as it stands I could retire at 65 (i\`m now 44) and get either a windfall of 13k and £148 per month or no windfall and £198 per month. How could you live on that? even retired currently I spend around £1500 on all the bills and the rest goes on the monthly food/toiletries/petrol etc.
+
+I have no savings to speak of and at the moment the best way I can describe us is just surviving pay day to pay day.
+
+does this get topped up by state pension as well? or are there other things your entitled to once you retire. Sorry if its a basic question I dont really know how it all works
+
+Thanks
+Recently EU banned the possibility to buy American etfs for Europeans. Is there a way to counter that? I am looking for a broker that will give me access to top American etfs and allow me to easily passively transfer part of my monthly salary for longterm/retirement gains. Something like Vanguard would be perfect.
+Before knowing anything about finances back when Covid hit, and being a big people-pleaser with anxiety about what people might think of me if I make them mad, I got talked into three insurances. I am in my 20s and started paying 200 € a month for legal, accident and life insurance (unit-linked pension fund).
+
+I have already paid between 6 and 7k.
+I tried several times to get out of it but the person at OVB who is responsible for me always told me what a bad idea that is and that the more money I put in there, the better it’s going to be for me.
+
+A family friend of mine finally told me that that sounds like MLM and I probably won’t get more money out of it at the end. That I should cancel all of it immediately.
+
+Now I don’t know what to do.
+If I cancel all of it, I might have to pay even more money for the cancellation fees because the fund doesn’t cover everything. I don’t make a lot of money and already feel bad enough about being that stupid and naive.
+
+
+What is the best way?
+What I didn’t know before was, that I have to pay insurance for the legal and accident insurance for three years at least. I can always cancel the life insurance but I’m afraid that not only will I lose all the money, which would be shit, but I could also pay them even more to cancel it.
+Any help?
+Hey all
+
+I'm a Portuguese guy currently living and working in the Netherlands, and very new to investing in stocks and ETF's.
+
+I've been reading a lot before actually committing to it, and currently I have an account in Degiro and another one in eToro, but with very little amount of money there just to play around and see how it works. However I get the feeling I'm ready to properly start investing and want to do so asap.
+
+I have a question though. I will eventually want to return to Portugal, but don't know when. Between 5 and 10 years most likely.
+
+Will I have to sell and my stocks / ETF's if I move back to Portugal, or just change the address, due to tax reasons? Considering the Netherlands is more tax friendly, will I be losing money with this?
+And if I have to sell everything, then do I assume correctly that I'll have to time my move with a bull year? And if the markets are down I just have to stay in the Netherlands long enough until they go up?
+
+Also, going to Portugal and retiring would be the dream, but that's not likely at all since I'm still 28 years old and it's too short of a time frame to realistically accumulate enough money to retire, so I'll likely work in Portugal after moving or open my own company.
+
+Thanks!
+Literally just read a comment on here that VW locked 74.1% of their float including cash settle options and confirmed via multiple articles?! 
+
+I must’ve missed the post here on Superstonk but RC has literally been saying this the whole time. **741…**
+
+All we’ve done is compare it to VW. RC has been doing the same. 
+
+TITS JACKED 
+
+Buy, hold, DRS
+A few months ago I started futures trading because I am not interested in long term investing. I had X dollars. 
+After a few weeks I started making quite good profits which allowed me to almost double my deposit to 2X
+
+I became overconfident. I didnt put stop losses and this is what killed me.
+
+One time there was a liquidation that put me to a position of about 0.2X, which deeply scarred me because of my stupidity, but I never lost motivation because I knew that if I could generate profits like that before, I theoretically could recover.
+
+Then second liquidation arrived today. I have lost everything. I am extremely angry at myself, at my stupidity. I want to disappear.
+
+I cant imagine telling anyone from my family about this. That was a considerable amount of money
+
+What do I do?
+Idk if this is the right place to ask for advise if not I would appreciate if you would direct me to the right sub.
+
+My sister’s boyfriend died of COVID this year and he was the co-owner of the house. Due to some problems she is unable to obtain the death certificate as her boyfriends family doesn’t like her, therefore the mortgage company wont take his name off the home. 
+Unfortunately after the lose of her boyfriend she is having trouble keeping up with the cost of the house. She is now attempting to rent out her rooms while she lives in the living room that way she can afford the rent.
+
+What if any advise do you guys have that I can pass onto her so she at least doesn’t have to worry too much about her mortgage situation?
+
+Edit: to clarify her late boyfriend’s family doesn’t live with her. It’s only her and your son in a 3 bedroom house.
+
+Edit2: after all the suggestions we have some resources to look into for the certificate and possibly ways to help with the mortgage such as refinancing. Many also talked about “right of survivorship” and we will look more into that as well. We will also look into getting a lawyer for her. 
+
+I appreciate everyone’s help, taking the time to provide suggestions, opening our minds to other routes we could be looking into and questions we should be asking.
+
+Edit3: i gained a lot of information for my sister and how I can help her. I deeply am grateful for everyone taking part of their day to help us. It’s getting late so I am off to bed, I will try to rely to any comments in the morning. Hace a wonderful rest of your day everyone!
+
+Edit 4: we found out she does get right of survivorship. We are still working on getting a lawyer for other advise. Also refinancing and seeing if she qualifies for the CARE act. Unfortunately the late boyfriend didn’t leave her as a beneficiary for life insurance or anything. What is done is done. I thank everyone for all your support, feedback and helpful information. It has calmed a lot of her worries and stress she was having.
+Long time lurker to this sub and I've seen hundreds of posts mocking TA as astrology, fortune telling, or witchcraft which I never understood why. 
+
+I have a strategy which is based on the NNF strategy framework (trigger, baseline, confirmation, exit indicator, position sizing etc) exclusively built on TA which has been backtested and in production for a little over a year now and is still chugging along. It doesn't pump out huge numbers nor is it as sophisticated as statistical arbitrage and other HFT strategies, but it gets the job done and has beat the market over the past 5 years.
+
+Welcome any perspectives.
+Hi,
+
+Someone suggested I post this here. CME charges $2000 for their complete data set on EOD WTI options which goes back to November 1986. I am new to options and will be using the data to learn.
+
+Thank you.
+I know, I know- the dates. The dreaded dates. I hate them, too. The endless, fruitless dates. Butt listen: the poop emojis (💩 for reference), the toilets, the butt stuff (looking at you, /u/Criand and countless freaks with a strange fascination for butts, engaging butts, inserting objects and food into butts and itchy buttholes), the “moASS”… Our beloved Chairman has a fascination with butt stuff, too. Take a look below:
+
+[Poo #1](https://preview.redd.it/lhrgm1rb88981.jpg?width=750&format=pjpg&auto=webp&s=c7f46940ee36dff01731eb308241bcb11632d826)
+
+[Poo #2. The most important of the five poos, in my opinion. Need more wrinkles on this one, unfortunately.](https://preview.redd.it/o17ebm9ra8981.jpg?width=750&format=pjpg&auto=webp&s=6d64b1a5524b8892a3b443945f0ca965294ad130)
+
+[Poo #3](https://preview.redd.it/bqduxvrwa8981.jpg?width=750&format=pjpg&auto=webp&s=4893f6d15302cd6c674cc3dd8e56e2991a8c46f1)
+
+[Butt stuff](https://preview.redd.it/028luf59b8981.jpg?width=750&format=pjpg&auto=webp&s=9760b3d7ce8b1da6adb7efbf9cdde765a6d424ac)
+
+[Indirect butt stuff](https://preview.redd.it/o7aonman88981.jpg?width=750&format=pjpg&auto=webp&s=d829385e566995d674799871000bcdfc346b3068)
+
+[Poo #4](https://preview.redd.it/9k5itsndb8981.jpg?width=750&format=pjpg&auto=webp&s=8774f890b93f509c6d3602bcf6c2b7e491155313)
+
+[Poo #5](https://preview.redd.it/3itvjrdhb8981.jpg?width=750&format=pjpg&auto=webp&s=72d23644d306de986f796fb1a578b99635cb8378)
+
+An important question must be asked at this crucial junction: what does it mean “to take a number 2”, again? That’s right. To poo. I don’t know why “taking a number two” means “to poo”, but I suspect it has something to do with “rhyming” poo and the number two. Ryan Cohen is a self-proclaimed rappist with a small pp. A “rappist” is a type of musical artist who “rhymes”. Dictionary.com has a great definition of “rhyme” for those who need it. It’s like when two words sound similar or some shit. Anyways, onto more important aspects of this God-Tier DD:
+
+[He is saying \\"l have a small wee wee\\" backwards](https://preview.redd.it/r7zzip5498981.jpg?width=750&format=pjpg&auto=webp&s=53e7dd7a42f884e1b5611184867a2ece61c8dcd1)
+
+Now this is the part where it gets a little complicated: the date 2/22/2022 would be poo/ poo poo/ poo poo poo. That is, 1 poo / 2 poo / 3 poo. 1 💩 / 2 💩 / 3 💩. Take a minute so that you can see it for yourself. There is one 2, two 2s, and three 2s. One, two three. But what do we see from the Twitter post that Ryan posted above? He's indicating that we have to read it backwards. 3, 2, 1 you see. Why is 3, 2, 1 relevant? That's the rocket ([🚀](https://emojipedia.org/rocket/) for reference) blast-off sequence for lift-off. nehoc nayr reverse uno: 3 poo /2 poo / 1 poo 0 poo blast off. \*MOASS\* 🚀🚀🚀 (I know this DD is complicated, but I'll elaborate more if needed)
+
+​
+
+[Oops \*moass\* my bad = \(s\) poo \*moass\* my bad](https://preview.redd.it/bzfp1zoti8981.png?width=1524&format=png&auto=webp&s=78110d3a3135e513475841b22c7044e36607da2d)
+
+Remember this tweet that was deleted? What's Oops backwards? Spoo. Poo. "My bad for spelling "poo" with an s as the prefix" was the original intention of the writers.
+
+2/22/2022 falls on a Tuesday. Tuesday. Tues Day. 2s Day. Poos Day.
+
+741. 7 4 1. The numbers 7 and 1 divided by the number 4. 7+1 = 8. 8 divided by 4? Poo. What do apes do? Fling their poo. At who? Hedgipoos. Why? Because hedgies bad. What happens to hedgies? 💩 hits their office fans. What happens when 💩 hits office fans? According to an experiment by the Mythbusters (solid DD), 💩 multiplies. 💩💩💩💩💩💩.
+
+Take our lovely catch phrase, "Can't stop, won't stop": oftentimes, in literature, repeats are done for emphasis. Can't **STOP,** won't **STOP.** Note how the word "STOP" is repeated two times. **STOP STOP.** Now, remove the **ST** from the word "**STOP**". **OP OP**. First of all, is it a coincidence that every shitpost is written by a person named "OP"? *Spoopy*. Now, take the first of the two OPs from **OP OP**, and reverse it. **PO OP. POOP.** *poop*\*\*.\*\*
+
+The word "POOP" is a palindrome, and I suppose the date should also align itself to be a palindrome if the palindrome theory is to hold water. Another way of writing the date, 2/22/2022 is 2/22/22 which is a palindrome. If not, 2/20/2022 is another valid date for the MOASS as stated by another wise ape in the comments should the palindrome theory hold true, but in my personal opinion, it's shit.
+
+Computershare. Come, poo turd share. (ape speak) Come share your poopoo. (English translation)
+
+Loopring. Loo pring. Loo = toilet. What goes in the toilet? Poo.
+
+Wu Tang Clan. Wu rhymes with poo.
+
+# If my thesis is correct, we should expect one more direct shitpost before the MOASS. One more poo post before the lift-off. This is not a drill.
+
+It’s not rocket science, people. This is a shitpost. Deuces ✌️
+
+# Cultural DooDoo:
+
+**According to a Koreant, dreaming of 💩 apparently means a windfall of money is due soon. Screenshotted evidence below:**
+
+[Screenshot for the DD](https://preview.redd.it/ayb2naqud8981.png?width=1182&format=png&auto=webp&s=7f4c27ef6399a6f75836c6bd18eb4c51648074ed)
+
+[Screenshot #2 for the DD](https://preview.redd.it/gk2luxixd8981.png?width=1212&format=png&auto=webp&s=275f7499ae1fb015217d618a5d6ed0f0be7a4014)
+
+**Our Chairman, being Canadian, will most definitely want to reconnect back to his roots. It turns out the poop emoji is the most used emoji in Canada (in the world). Spoopy Cohencidence..?**
+
+https://preview.redd.it/mi19deqynb981.png?width=1236&format=png&auto=webp&s=a233d5f37a55dc4318d26319b8cc5e0d74b636a5
+
+# Further research:
+
+​
+
+[Stay healthy, fellow apes. Check your poo to check your health.](https://preview.redd.it/y4rsnbnurb981.png?width=850&format=png&auto=webp&s=6950a753c8f15e3c0a45f6476175e25d5cfdf160)
+
+https://preview.redd.it/k7m5q7qzqb981.png?width=851&format=png&auto=webp&s=64e27956b3680eb751783df52f56ac419534764f
+Throwaway account.
+
+Long time Vanguard customer. Have about 14MM with them. Generally unhappy with their website problems and brownouts/inability to purchase/sell ETFs lately (especially this am). It worries me that a firm that cannot scale or deal with basic availability problems has access to most of my savings, which I may not be able to get if I need them. What if they are not good at security either and are using a crappy tech shop as opposed to hiring good people. It seems scary to me that Reddit has better availability than Vanguard. 
+
+I have a smaller amount with Fidelity (1MM ish) in employer retirement accounts. I do not use a wealth advisor. I like having control over my money from behind a web browser.
+
+Selling Vanguard ETFs and moving to Fidelity is probably not an option since I have a few MM in unrealized LT capital gains.
+
+**Question: Do folks here tend to diversify accross brokerage accounts. If so, what are some options where I can move Vanguard ETFs to without having to sell and realize gains. IBKR? Is Schwab an option?**
+
+I am not particularly interested in margin, but maybe take on a tiny amount if I needed some short term cash.
+
+I am thinking keep 5MM in Vanguard, 5MM with firm #2, rest with firm #3.
+
+Or start small with IBKR with income that comes in from work and grow over time.
+
+Relevance to FF: 
+
+I understand that there are other subreddits where this is discussed, however, most of those opinions are of the form: 
+
+IBKR charges $10/month (which I don't care about).
+
+So and so is for day traders, just use Vanguard or Fidelity (which may be the right answer, however, folks here tend to be a bit more sophisticated).
+
+I also realize that most firms have incentives (like zero fees, lower expense ratios, better tools) available to accounts with 1M+, which non FF isn't prepared to discuss.
+
+Please no questions about what type of work I do, how do I make money, etc. It is just a boring corporate job. Thank you.
+https://www.reuters.com/markets/currencies/turkish-lira-flat-ahead-cenbank-meeting-2021-12-16/  
+>ISTANBUL, Dec 16 (Reuters) - The Turkish lira dropped to an all-time lowbeyond 15 against the dollar on Thursday ahead of another expected interest rate cutby the central bank, which has fallen in line with President Tayyip Erdogan's risky new economic programme.
+>
+The lira touched 15.2 at 0606 GMT, a record low, and it has shed more than 50% of its value so far this year.  The central bank is expected to cut its policy rate by 100 basis points to 14% at its policy-setting meeting later in the day, a Reuters poll showed despite inflation soaring above 21%.  
+***  
+  
+Believe it or not, the Lira was 8.3 per dollar on 1 September. If Turkey cut rates more on Thursday we are going to see FX fireworks and this risks contagion to other EM currencies and also Eurozone banks exposed to Turkey. (We are talking about the world's 20th largest economy here!)
+[**GameStop Wallet Support**](https://support.blockchain.gamestop.com/hc/en-us/sections/4412111751955-Getting-Started)
+
+# 🟣 [Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/v2ff5r/drscomputershare_megathread_062022/)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+**​**[**What's GME & should I consider investing?**](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+**Library of Due Diligence** [**GME.fyi**](https://fliphtml5.com/bookcase/kosyg)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for help with user flairs
+Welcome to the **/r/EthTrader** Daily Discussion thread. The thread guidelines are as follows:
+***
+
+-  Discussion topics include but are not limited to general discussion, details related to events of the day, technical analysis, Ethereum Classic, and minor questions.  
+-  Important content should be posted as a separate thread.
+-  Be excellent to each other. 
+
+***
+
+Thank you in advance for your participation. Enjoy!
+
+Every year the fee for my course would be 20k, and it's a 5 year course... I'm from an EU country, born and raised. I will speak with my brother about the loan tomorrow (he graduated from a uni there about 6 years ago), but would like to also ask here: Am I destroying my life in the process of picking such a hefty loan? I will be working part-time (already studying in another EU country), and will switch to full-time in the future, once I graduate, to raise some money, but even then it will only cover 1 year... max 1.3 years, leaving over 70k to be loaned.
+
+Is there really no other work-around this?
+I (M22) sound stupid here and extremely ungrateful in fairness.
+
+I kinda hate how I think about money. I make roughly £35,000 (with overtime), I have no debts, paid car and almost £15,000 in savings. I don't drink, smoke or have expensive tastes (apart from my £2,000 gaming setup). I work as many hours as I can, because I have always wanted to buy a house in a certain area, where the average house price is £250,000 - the area is expensive and has houses which cost £5 million plus.
+
+But I feel so disillusioned and I know that I am starting to give up. I feel as if I am wasting my younger years. I know in the UK, house ownership and being debt free is *extremely rare*, but I can't help but think that I will work all the hours possible to have a good life and I might not find anyone to be with, because of how boring I am.
+
+What should I do? Nothing makes me happy. I am not a huge party person either. I feel as if am to mature for my age, and it is actually making me depressed.
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[📚 Due Diligence](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Due%20Diligence%22) | [📚 Possible DD](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Possible%20DD%22) | [📈 Technical Analysis](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%88%20Technical%20Analysis%22) | [🤔 Speculation / Opinion](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%94%20Speculation%20%2F%20Opinion%22) | [💻 Computershare](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%BB%20Computershare%22) | [💡 Education](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%A1%20Education%22) | [📰 News](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B0%20News%22) | [🤡 Meme](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%A1%20Meme%22) | [👽 Shitpost](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%91%BD%20Shitpost%22) |[📳Social Media](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B3Social%20Media%22) | [☁ Hype fluff](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%E2%98%81%20Hype%2F%20Fluff%22)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+He reckons Wise is not safe and should not be used for large transfers.
+
+Is Wise safe and are there better alternatives?
+How do I reassure my dad that I won’t lose all my money.
+https://www.wsj.com/articles/rishi-sunak-extends-lead-in-race-for-next-u-k-prime-minister-11666607256
+
+https://imgur.com/a/1o1WGDO
+
+https://en.m.wikipedia.org/wiki/Rishi_Sunak
+
+Sunak worked for Goldman Sachs and later as a partner at the hedge fund firms the Children's Investment Fund Management and Theleme Partners.
+Hello Superstonk,
+
+A few weeks back I [wrote a post](https://www.reddit.com/r/Superstonk/comments/snzn04/it_takes_money_to_buy_whisky_distilling_gmes/) about historical options chain data for GME, specifically looking at the total amount of delta present each day.  The data presented and the arguments laid out led to some very controversial conclusions, namely that: 1) options were largely being hedged between July-Dec 2021, 2) during that time period a significant portion of the daily volume could be attributed to market makers hedging options, and 3) there was a strong correlation between the amount of call options on the chain and the price of the stock.  I want to quickly address a few key areas of discussion that the post generated before moving into new information.
+
+**1) "You are pushing options, therefore you are a shill."**
+
+Options carry significant risk.  Do not purchase them if you do not understand the Black-Scholes model or cannot risk losing the entire price of the contract.  Although I do trade options, I have never attempted to somehow financially benefit from an ape buying or selling options contracts.  I am simply sharing the analyses I have done that have led me to believe that options can be a powerful tool to blow up the margin of a heavy put position, which we know is being used to suppress the price today.
+
+**2) "You are posting with** u/gherkinit **to brigade your work and get more upvotes"**
+
+Most people know that I have been working with u/gherkinit for about 10 months now trying to understand where the shorts are hiding.  We believe that, while there are no data that provide a smoking gun (by design unfortunately), there are certain signatures in the available data that point to what may be going on.  For example, see the great work by u/mauerastronaut and u/zinko83 on variance swaps, which is the most likely explanation for the deep out of the money puts (DOOMPS) that have been growing in popularity again on the sub.  The work that I do is never just my work.  Pickle man has put together a group of about 15 or so people that all bring various skills in data access, data mining, numerical methods, market knowledge, etc that all get mixed together to turn a sea of random data into a theory.  I asked him to post the last one because frankly I was tired after putting my pieces together and needed the rest of the team to clean it up and get it live.  I don't really care about reddit karma, so I don't really care who posts our work.
+
+**3) "You are skeptical of DRS, therefore you are a dumb dumb and a shill trying to destroy the sub."**
+
+That's fine.  DRS --> ?? --> MOASS is a compelling theory.  I like jumping on Computershared and watching the numbers go up.  I'm impressed by the sub's ability to data mine the DRS activity.  Lots of cool things going on with the DRS effort.  What I am *not* fine with is the DRS mob insisting that DRS is the only way to cause MOASS and that DRS is guaranteed to cause MOASS.  Locking the float in DRS to initiate a short squeeze may work, but it is unproven.  I've been around long enough to remember Ape Vote.  I am disturbed by the misinformation being spread about DRS and the arrogance with which DRS is discussed, not DRS itself.  Full disclosure: I'm not convinced DRS will do what is being claimed, I have not DRSed, and I likely won't unless new evidence is presented.  That being said, **THIS POST IS NOT ABOUT DRS**.  You are free to post DRS spam in the comments as many are wont to do.  I will not be responding to any discussion of DRS, as it is off topic.
+
+Okay, onto the good stuff!
+
+# Historical Options Data
+
+In [my last post](https://www.reddit.com/r/Superstonk/comments/snzn04/it_takes_money_to_buy_whisky_distilling_gmes/) about options with u/gherkinit, we developed a methodology to study the impact of the total delta on the option chain on the price of GME.  In it we used a variable called the Relative Delta Strength (RDS).  The RDS is calculated by taking the delta for each open contract and summing it up, and then dividing that net delta by the absolute value of the total delta on the chain.  So then RDS = 1 when all delta is from calls and RDS = -1 when all delta is from puts.  When call and put delta is equal, RDS = 0.  We then compared this to daily closing price from July 2021 to the middle of January 2022 and showed there was a strong linear correlation between the two.  Linear is interesting because it means that puts and calls are being hedged equally.
+
+A number of people asked about the data in the first half of 2021.  I initially chose to discard this data as it seems to mostly follow the trend we found with some noise during the runs.  Motivated by questions about it, I decided to take a closer look at the entire GME saga to see if any interesting behavior emerged.
+
+Below is an animation showing how the daily high price of the stock evolves with the daily RDS for GME from January 2021 until February 18, 2022.  The data is displayed sequentially to attempt to show how it evolves over time.  The data is broken up into each significant run of the stock.
+
+​
+
+[Daily High Price of GME vs. the RDS of the GME options chain.  The data is colored based on each significant stock run.](https://i.redd.it/hc6o0hib57k81.gif)
+
+There is a lot to unpack here.  For each run, there is a weak linear trend between price and RDS.  When RDS approaches 0.75-1.00, the daily price tends to run significantly.  Once a maximum is reached, the RDS starts to go down and the daily price follows suit.  Interestingly, it does not follow the same path down as it did going up.  This implies that during the January, February, and May runs there was evidence that hedging was not occurring on the call side until the risk overwhelmed them.  At the peak, puts are opened, calls are closed, and the options hedging then drives the price back down.  This last point is important, as it implies what the true hedging profile for GME options happens to be, as illustrated in the figure below.
+
+​
+
+[Illustration of the fully hedged options window.](https://preview.redd.it/fgwwvv8d87k81.jpg?width=840&format=pjpg&auto=webp&s=9e3f637150dea87d74c0e24bee043db0bb4ca165)
+
+Another interesting feature of the data is that it appears to be composed of clusters and jumps.  Let's look at the current data in green to illustrate the point.  You can see that there are two main clusters, with some degree of volatility between them.  These clusters have similar slopes, they are just vertically offset by some amount.  I believe that the slope of the line is the options hedging that is occurring, and the vertical offset is shorting the underlying.  So then the blue shaded region can be thought of as the zone in which the margin of the total short position is relatively safe.  Blue is where they want the stock to be.  To the right of the blue area is where they start to lose control of the stock, or where their shorting effort creates too much risk for them to sustain.  As can be seen, we have come precariously close to the edge of this region in the last two months, but haven't quite overwhelmed their position enough to drive a run.
+
+Anyway, that's it.  Just some options data I thought was interesting and my interpretation of it.  I hope the community finds some interest in it too.
+
+If you would like to learn more about the Direct Registration System, please see the top comments below.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Edit 1 (2/26/2022 2:02 PM CST):
+
+​
+
+[I'm fine everyone!](https://preview.redd.it/boj9673qh8k81.png?width=526&format=png&auto=webp&s=f9f94711ce86a48437aa146421447fd674c1e427)
+ATH is $2,940.91, minus 20% is $2,352.73. S&P500 closed at $2,351.25.
+
+The most recent bull charging so long was starting to make me uncomfortable. Of course no one welcomes a downturn, but still. Gotta rip the bandaid off at some point. 
+
+Also, this is an official reminder to not panic sell!
+
+Happy holidays =)
+
+I match my employer's pention, max a Roth, max a 403b, and carry no debt except my primary residence mortgage (@4.25%). I'm interested in branching out to rental real estate, and would like to purchase a single family home sometime in the next 3 years.
+
+ Please tell me, from your perspective, where should I begin if i want to achieve this goal from this far out ?
+
+ How much should I save up in cash (assume a 130k home in the Midwest, preferably Ohio)?
+
+What other considerations are there for getting my first rental up and running 3 yrs from now? 
+
+Thanks for all your help and advice .
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
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+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
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+
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+
+Enjoy!
+
+Generally liquid funds(and debt also) are considered one of the safest mutual funds but due to liquidity crunch it seems that the NAVs of the some of the most popular liquid funds are falling daily.  Even the ones which invest heavily in T bills are taking a hit(includes HDFC Liquid and ICICI Liquid funds). AAA+ bonds may be misleading in these times since we don't know which companies may end up defaulting on their bonds. We also don't know how long this NAV fall will last.
+
+So please review your funds and continue in them only if you feel 100% confident. This might be a good time to invest in equities but debt funds MAY take the hit with NPAs in the short term. A few extra percentage points of return in liquid/debt funds compared to savings bank will be meaningless if your capital itself comes at risk due to potential write offs. 
+
+Take care !
+> The transaction contemplated herein is for an ultimate sale and purchase of the said Unit and no form of service is hereby contemplated and the parties agree that neither is the Purchaser a Consumer nor the Owner a Service Provider under the Consumer Protection Act.
+
+Is this normal that promoters get this signed by buyers to avoid Consumer Protection Act?
+I read through Ashok Leyland’s financials this week and they seem to have everything in order. It seems like a valuable BUY at this price. What do you guys think?
+My uncle is single in his 40s now , has accumulated 1 crores , Owns a house ( 1cr market value) , no liability and he wants to retire now .
+
+I made his retirement plan like this : 
+
+75 lakhs in short term debt fund , 8% annually = 6 lakhs  = 50k monthly for his expense .
+
+25 lakhs will be deployed in a multicap fund in a period of 2 years i.e 1 lakh per month , for further growth .
+
+
+He has already 5 lakhs in fd as emergency fund.
+
+
+
+What are your thoughts ?  Any changes you guys recommend .
+So I've been crashing since November with my portfolio encompassing my 60k net worth at age 28... I'm now down 55-60% and am wondering how long you guys think this hell will last? I continue to average down because I believe in my high growth/speculative portfolio but how low will we go? In the 2008 recession, the nasdaq only fell 50% but now we were just at -35%  which isn't that far away from the bottom of thr 2008 recession... although some people seem to think we have a long ways to go. The average bear market lasts 8-12 months and if we've been stagnant/falling since November, then wouldn't we have a good chance of the bear market ending sometime over the next 4 months??
+As stated in the title this market is full of fraud and crime , although we already know that. 
+
+It’s such bullshit J powell and yellen and the rest of them are trying to change the definition of a “recession” we all know we are and have been in a recession the last 6 months. Instead fucking spy goes up all time high and no sign of crashing anytime soon. 
+
+Anyways , just wanted to blurp that out. 
+
+Buy. Hold. Drs. 
+
+Power to the players 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+EDIT : SPY IS A CONFIRMED MEME STOCK
+When online shopping, I would spend lots of time hunting for bargains, searching for coupon codes and ShopBack discounts to save a few bucks.
+
+But when out at a cafe or restaurant, I just order lots of food without considering the cost. 
+
+Does anyone else relate?
+I am doing this an exercise and I posted earlier from the wrong account.  
+
+So its a new year and I have just been going over all my finances and setting budgets. I recently got married and we have been working on making plans for the future. We are currently saving up to buy a house and putting my wife through 2 years of Dental School so that she can be an accredited Dentist in the US. We got to discussing about retirement and how much income we would really need in Retirement. I currently have a steady job and make a good salary. I take home roughly $4,000/mo after putting away 12% in 401k(company matches 6%), maxing out my HSA, and we usually get close to maxing out our IRA account.
+
+I ran some numbers and even if I had not saved any money currently, I would need to put away $8,500 into a retirement account for the next 35 years assuming 5% rate of return in order to have an income of 65k a year for 20 years in retirement. 
+I have figured that even if I purchase a home, I will have that paid off in 30 years. Outside of a mortgage, I cannot foresee having a ton of expenses in retirement that I could not handle with a 65-70k income. Am I wrong in this line of thinking? 
+Of course I can be overlooking some expenses like medical/etc but I cant imagine I could not cover it in that sort of income.  My thought process is that if I cut down my 401k to just 6%, still max the HSA and continue to only put in 6k into the IRA, I would be putting roughly 19k into retirement accounts. Should that not account for any room of error or market downturn?   Again, just doing this as an exercise to get a different viewpoint from other people. 
+Also, I have just been going in thinking about things with just my income as the only source and not my wife's future income. 
+
+Edit: Looks like this was a good exercise and given us a lot to think about.  Seems that I definitely overlooked forecasting expenses with inflation and not what expenses look like right now.
+Amazon CEO Jeff Bezos has become the third-richest person in the US.
+http://www.businessinsider.com/jeff-bezos-just-became-the-third-richest-person-in-america-2015-10
+I've been doing the standard SPY 45DTE that many people do. I copied it from here actually. Been dipping my toes in 30 DTE. But I want to try the weeklies. Don't have enough confidence to just launch a bunch. What has worked for all of you? Thank you all for your feedback.
+I'm massively underwater on CSP I sold on $PINS last week. I could close the CSP for a massive loss and just offset my gains on from other plays. Or I could just keep rolling it for however long it takes, or I could take assignment and sell covered calls. What is the difference between rolling CSP and taking assignment and selling CC?
+TLRY - January 20, 2023, $37 strike. Marijuana company that once had very lofty valuations. Fundamentals haven't changed much, and with the potential for nationwide legalization, they could go back to those former highs (pun very much intended)
+
+ICLN - January 20, 2023, $36 strike. Another politics play. In the coming years, clean energy will go through the roof... or should I say *come* through the roof? In this case, I don't see a reason to pick any one clean energy company over the other, and leaps for this ETF are fairly cheap.
+
+Anyway, I'm always on the lookout for bold OTM leaps. What am I missing out on? Let me know!
+Welcome to the **/r/EthTrader** Daily Discussion thread. The thread guidelines are as follows:
+***
+
+-  Discussion topics include but are not limited to general discussion, details related to events of the day, technical analysis, Ethereum Classic, and minor questions.  
+-  Important content should be posted as a separate thread.
+-  Be excellent to each other. 
+
+***
+
+Thank you in advance for your participation. Enjoy!
+
+Guys, remember that Fidelity had 4mil GME shares to loan out today.
+
+I'd bet we have at least 200k-300k apes holding XX amount of shares.
+
+**Saw someone else post that even if 300k apes transferred 25 GME stocks to ComputerShare**
+
+# That would amount to 7.5 MILLION SHARES BEING REMOVED FROM BROKERS TO LEND OUT - Killing their liquidity to short attack or basement box GME's price with less impact 
+
+Even if you have a cash and not margin account, Fidelitie's TOS says they can loan them out at any time and you don't get a cent of any profits made unless you have like close to $500k in an account value with them.
+
+***BTW looks like this post caught some shills attention as they're downvoting and spreading misinformation, along with forumsliding and logical fallacy comments. You can sell at any price with ComputerShare, but their software limits them to $1M orders per share only. You can overnight a letter to them and sell the share the next day. MOASS is going to happen over weeks, not hours. Don't stress and*** **remember that upvotes aren't equivalent to quality**
+
+# Don't forget this is what shows up for "How to buy a reddit account" Notice anything weird about the spikes at certain dates?
+
+[Hmm, weird how shills react so aggressively to be called shils - Remember Shitdel Employs over a dozen Psychologist PhDs specializing in group think amongst other areas. They will attack with useless comments to hide the good stuff with fluff and downvote anything that hits a sore spot, like an Ape below providing a guide on how to transfer your shares to ComputerShare - Link at the bottom of this post. Be an ape and fling shit at shills in ape skins](https://preview.redd.it/7uq8hj9vh7n71.png?width=1289&format=png&auto=webp&s=edf671c1276899fb49defce62c343c07be3bee00)
+
+[**Here is the Fidelity website's PDF on the rules as a source for those questioning**](https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/landing-zones/Fully-Paid-Lending-Program-Investor.pdf)
+
+Time to exchange buy and HODL with transfer to ComputerShare because that would basically steal all their liquidity of using borrowed shares to paint the tape with their drop attacks. MOASS won't happen overnight, but your shares will arrive at ComputerShare within a week.
+
+It's time to start taking real action and not just blindly waiting. It's a war - let's stop playing on the defensive like the past 8 months and go on the offensive.
+
+Let's steal their secret weapon of using borrowed shares bouncing around between exchanges. It will cost them more and their short ladder attacks won't have as much power or ability to use. Especially since average trading days retail likely make up for 1% of trades at maybe 1-4m at most.
+
+They're all fake. We only the float twice over at the very least, otherwise why would they keep borrowing shares?
+
+Make them locate the shares when they bleed out and the mass weight might even cause MOASS instead of patiently waiting for a catalyst.
+
+[**How to transfer your shares to ComputerShare**](https://old.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/)
+
+[**DD on why you can trust ComputerShare**](https://www.reddit.com/r/Superstonk/comments/plyne9/turning_skeptics_into_believers_computershare/?utm_source=share&utm_medium=web2x&context=3)
+
+# Let's be the catalyst - we were in January when we bought and didn't sell.
+Does anybody on Reddit work as an economist or other related job? I'm currently about to enter college and thinking about majoring in econ...What kind of work do you do? What are you favorite and least favorite parts of the job? 
+So take a seat💺 and soar through the sky with us.✈✈✈✈
+
+This coin is the OG Lotteryproject on BSC, trusted, audited and crash proof. 
+
+It aims to solve the great problem high market cap crypto lotteries have, the old tale of the gas fees. The benefit of bscs low fees bursts old boundaries apart and opens a new and exciting perspective at this win it all wager. 
+
+Still so heavilly under valued right now! 
+1 LOT=2.7$.
+
+Every wallet has the same chances,
+
+ 1 wallet + 18 LOT = 1 ticket
+
+Sure, you can make multiple wallets to get more tickets, no problem with that. 
+But be aware young padawan, that you will fill up the pot with every tx you do. And even worse, you will lose out on the juicy holders tax that gives interest out like crazy the more coins you hold in one wallet.
+
+And this is where things get interesting, every transaction of LOT has an automatic tax of 6% applied to it:
+
+🛸2% go to holders (Again, the more LOT your have, the bigger your share will be)
+
+
+🛸2% get burned, deflation, baby!
+
+
+🛸2% go to the pot, that fills up till it bursts when it reaches 0.1% of circ supply and one lucky little fucker gets it all. This mechanic is giving me wet dreams btw, how can you not be on the verge of going all in right now...                
+
+PAYOUTS HAPPEN EVERY DAY!           
+
+BUUUUUTT WAIT, there is more. Now we get truly juicy.
+
+In September LOTs old versions liquidity gets unlocked and put right into LOTs new version.
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+That means 100 BNBs right on the hight of our bull run!!! What is 50k$ at the moment could be 
+1 million$ on the peak in September.
+Get in now so you are set for the ride till we reach the climax! 
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+Alright here are some specs for you tinkerers:
+
+🎲Circ supply: 1,250,00 (105,000 initial burn to        🎲match the swap, so 1.145m will remain)
+
+
+🎲This low circ supply will catapult this through the stratosphere.
+
+
+🎲Market cap: $3.5m
+
+
+🎲CMC and CG applications are done. Soon to be listed.
+
+
+🎲Awesome road map that will evolve the project  🎲into a Lottery ecosystem with multiple projects!
+
+
+🎲Devs that respond to everything personally and are in the chats 24/7.
+
+Links:
+
+Website: www.lotterytoken.net
+
+Audit: https://solidity.finance/audits/Lottery/
+
+Liq lock: https://dxsale.app/app/pages/dxlockview?id=0&add=0xB3125A2A0baaFaaD790c56650Ef96322bC507585&type=lplock&chain=BSC
+
+Reddit: www.reddit.com/r/lottery_token?utm_medi
+
+Telegram: @lotterytokenchat 
+
+Twitter: https://mobile.twitter.com/lottery_token
+
+Graph: https://dex.guru/token/0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7-bsc
+
+Contract: https://bscscan.com/address/0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7
+
+BUY HERE RIGHT NOW!
+
+Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7
+
+Tldr: If you are bummed by getting rekd the whole time on BSC and you lose faith in new projects, look no further, this one here can reestablish lost trust. The Devs did something no other team on BSC did so far when times got rough, they stayed, and they indulged into the community. They sweat blood and grinded their brain cells to overload. For the Project, for the community, for crypto.
+I've got 200-300 to mess with which I understand isn't a lot but I'm in high school with a summer job and that's 30% of my income.
+
+I looked around and investing this low it seems to be that Robinhood is my best option because of their lack of account fees, please correct me if I'm wrong 
+
+Is there anything I should know right off the bat about investing, all I really know is you buy and sell and different stocks rise and fall depending on the state of the company.
+
+At this age how safe should I go about this, I always hear when you're young try risky investments but does that still apply hear
+I'm a 27 years old teacher in Canada btw.
+
+
+Can you reassure me that it wouldn't be stupid to retire early in this situation OR confirm that it would be stupid to leave so much money behind.
+
+
+Thank you!
+
+
+Edit: Nevermind, /u/jmanthethief and /u/uencos made me realise that I can retire early, I just can't take my pension early. I knew there were people here that would be financially smarter than me. :)
+I've been working since high school for what is now 20+ years. A large part of my identity is that I work a lot, and that I work hard. That has been a winning strategy for me in the past but I have recently ran into a wall of exhaustion and lack of motivation. I think it's a combination of
+
+* being tired of working long hours for decades, no more fuel left in the tank. 
+* have two kids under 5 and we're planning a third - it's just a lot of work. 
+* getting closer to FatFire which reduced my motivation to keep pushing & sacrificing. 
+
+ 
+
+I've recently tried - unsuccessfully - to scale back my hours. I have always worked a lot in my life, but I am at a point where I recognize that I can't go like I did in the past, and frankly, I don't want to. But I am having difficulties making effective changes that reduce my departments workload or manage it better.
+
+ 
+
+Areas that are big time sucks for me (I'm on a VP level reporting into C-suite if that matters):
+
+* **not delegating 100% of the work** - this one is clear to me, I shouldn't be doing any direct work myself. Part of this is circumstantial (took over a young team & new function) but I also make the mistake of just doing things myself, mostly because of time pressures & deadlines. I rarely negotiate better deadlines and instead make up the difference myself.
+* **Meetings** - these suck and I don't know how to get out of them. So many "checking in" meetings with peers, projects, my own team, etc. They routinely eat up 50% of the work week. We are a remote organization so culturally there are a lot of meetings that people are expected to take. 
+* **ad-hoc projects** - I often become the go-to for projects in the company that require tribal knowledge. The hard part is that much of the work is difficult to delegate as there aren't many folks with enough tribal knowledge in the company. These projects come top down. This means I have a direct connection to the founder but flip side, I'm the first they think of for this type of work.  
+* **I want things to be 100%** - have a hard time discerning which things are just fine at 80% vs. 100%. Haven't figured out an effective way of dealing with this. I believe that this is a major factor in not getting my workload done within a normal 40 hour week / effectively delegating it out to the teams I run.
+
+ 
+
+I'd love to hear what other folks were able to setup. Coasting is perhaps too strong a word, I do want to deliver value, but I'm hoping to find a good balance that allows me to keep pushing through the exhaustion for a few more years to hit my target while being present for my kids and spouse. Our company is also large enough now where it should be possible ($100M+ revenue). The dream would be to put in a solid 7/8am - 3pm every day and no more work on weekends with the occasional longer day.
+I have family who has money being invested by Credit Suisse, and have seen things in the news about Credit Suisse possibly going under. They don't follow markets or financial news, so I would want to warn them if there is any risk to their estate.
+
+If Credit Suisse was to go under and not get bailed out, would individuals money be at risk?
+I line with earlier posts , here I am going to cover my own experiences . Not to be construed as advice .
+
+In line with what I learned in 2001 , came another pleasant surprise in 2005. I discovered the joys of Morgan Stanley Growth Fund 
+
+For those who are new , MSGF was launched at the peak of the boom driven by Harshad Mehta , forms were sold for 30-100 rupees and got a huge subscription. It was a 15 year close ended fund . Here is a background story on that for those who came in late 
+
+https://www.livemint.com/Companies/VH3ukPOCTWnyd10FafHsqK/HDFC-Asset-Management-acquires-Morgan-Stanley-Investments-M.html?facet=amp
+
+In 2005 , while trawling around the prices , I discovered it was listed and the units traded at a significant discount to NAV . The discounts ranged from 5-12 % . 
+
+I simply bought them every month at average discount of 8-9  % to NAV
+
+The fun part was that I got rid of at the end of the 15 year period. 
+
+Returns can accrue from the unlikeliest of circumstances . Close ended funds traded on the secondary market at discount to NaV proved to be a source of gains .
+This is just an opinion based on my preliminary research.
+
+I've tried to find which kind of debt funds to invest in for a long term portfolio. This takes into account the portfolio allocation between Equity & Debt for, in my example a set of SIPs in Equity and Debt for 5 years and above. While there are many articles and reviews for Equity funds - largecap/ midcap/ multicap etc. there aren't many that I could find for debt funds for a long term investment strategy.
+
+Now, critics would say debt funds investing should be aligned with the kind of debt fund you're looking for vis-a-vis the average maturity of the portfolio, the interest rate sensitivity as well as credit quality for starters. I examined short term and long term returns for the entire debt universe, the best and worst periods coinciding with the 10 year Gsec yield curve(top and bottom) and came to this conclusion:
+
+1. Gilt funds have the tendency to give maximum returns(definitely in a falling interest rate scenario) but conversely, if you get caught in such a fund when rates start rising, you will get corresponding negative returns too.
+2. Liquid, Overnight, ultrashort, floater etc. which are at the lower end of the average maturity converge around the same long term average return over 5 years with a difference in 20-30 basis points. They obviously return much less than Gilt Funds.
+3. Credit risk funds, Corporate Bond funds, low/ short/ medium duration funds are all opportunistic play based on interest rate mismatch between Corp bonds/ Gsecs & CD/CP rates. I do not rate them highly for more analysis of finding funds for 5 years + investment in this exercise.
+
+This left me with only two categories for an investor who would not want to actively manage when to move in and out which kind of debt funds at different times. Something like a fill it, shut it, forget it kind of passive investor.
+
+Equity investors falling into such a category would obviously swear by index funds - the best passive investment option with the lowest expense. A fair few wouldn't mind a multicap kinda fund which can  manoeuvre  the investments between small/ mid/ largecaps based on the fund manager's call and scenarios when one one of the 3 categories is expected to perform better than the rest.
+
+What then would be the closest alternatives to index & multicap funds in the Debt space?
+
+The answer to this question based on all this pseudo research is:
+
+1. Gilt Fund with 10 years constant maturity
+2. Dynamic Bond/ All seasons bond fund.
+
+A gilt fund with constant maturity works much like an index fund and doesn't let the fund manager play on duration - no moves to lower maturity or higher maturity - just gilts with maturity around 10 years. A dynamic bond fund, on the other hand works much like a multicap fund - as the name suggests, the fund manager in such a fund will take all kinds of calls and all kinds of debt instruments at different points of time.
+
+I checked valueresearch for these funds and checked the history of returns, best/ worst performance, standard deviation, mean & beta, apart from sharpe & alpha and made a choice.
+
+I zeroed in on  IDFC Government Securities Fund - Constant Maturity Plan and Axis Dynamic Bond Fund after this analysis. Axis Bond didn't tick all the boxes but most of the boxes that it did, were the most important ones in my opinion.
+
+As the disclaimer at the top, this is just my research and may/ may not be correct.
+
+I welcome thoughts, differing points of view as well as constructive criticism.
+I am Mehul, founder of [PaisaSavvy.com.](https://www.paisasavvy.com/#!/?utm_source=reddit&utm_medium=IndiaInvestments&utm_campaign=feedback)
+
+We started PaisaSavvy with the goal to help Indian youngsters save more. We would like to take this opportunity to introduce our venture and take your feedback.
+
+###The Pain
+
+The idea stemmed from a personal pain point that me, my friends and my colleagues faced. For the first few years of my professional career, despite having a steady income I always found my savings close to zero. Though, I've come a long way, done few certified financial courses and helped create wealth for me and my friends, everybody won't have such time.  
+And while years had passed, I realized my younger colleagues who had just graduated or were into 2-3 years of jobs were in the same situation as I was once.
+
+
+###Savings, on paper!
+
+Saving is not that hard, let's see a simple calculation — if one invests just Rs.5,000 / month, in last 4 years he/she would've had around Rs.5,00,000, given 19% Nifty return between 2013-2017. While this amount would be just Rs.3,00,000 in bank FD/RD.
+
+
+###Savings, in real life!
+
+This sounds easy, but it takes a lot of time to research and analyze the various investment options. For me, even though I've been doing few profitable equity investments here and there, I never had time for consistent research and monitoring due to a full-time job. **And most importantly I didn't always have that exact Rs. 5,000 every month, many months I end up spending all money and I kind of come short a few months.** So, mostly my money used to lay there in a savings account.  
+
+This motivated us to start Paisasavvy, a simpler approach to savings and investments.
+
+
+###How PaisaSavvy Does it
+
+**Step 1:** You open the [PaisaSavvy](https://www.paisasavvy.com/#!/?utm_source=reddit&utm_medium=IndiaInvestments&utm_campaign=feedback) **Smart Savings Account** which is like your savings bank account and you deposit your salary into this account. And it gives 6% annual return.  
+
+**Step 2:** You spend your money via debit card, ATM, and online payments as you do with your normal bank account.  
+
+**Step 3:** When your new salary comes, at the end of the month we **Auto-Invest** your surplus amount into various options like Equity, Gold, Bonds, etc based on your risk profile while keeping 20% cash/liquid for the emergency.  
+
+**Step 4:** Sweep-in! Just like regular sweep-in account whenever you empty out your liquid money, our system automatically **Sweep-In** some amount from your investments. So you can spend care-free.
+
+ 
+
+We will appreciate a lot if you could share your suggestions and feedback to make this product more useful for youngsters.  
+
+\- Thanks  
+PS: I've initially posted this to /r/AskIndia  
+Edit: Request to go easy on us since we're in the beta phase. - Thanks.  
+PS Edit: On a huge number of suggestions over here, we're starting direct plans in 2-3 months.
+I'm sitting on 380k without any properties right now. In 2012-2014 I bought 3 houses in the Sacramento area. I didn't use any indicators. I mostly flew by the seat of my pants but did quite well. 
+
+I'd like to use some data this time. Obviously median price month to month, yoy, and case Schiller are relevant. However, each of those are direct measures and don't necessarily predict what's coming unless you have a preset idea of how low the market will drop, if it does. 
+
+I'm thinking the federal reserve rate or mortgage rates might be a good indicator. Presumably when the federal reserve believes it has let enough air out of the bubble I suppose it will drop rates. The fed targets 2% annual inflation. Maybe if it drops to around 3-4 they will start to drop rates in pursuit of that elusive soft landing. Maybe that's a good time to buy?
+
+I hold to warren Buffett's axiom buy on bad news. If you wait for good news, I.e., rising home prices, I suppose you missed the bottom. 
+
+My mom had been a real estate agent for 30 years in 2012 when I started buying. She thought I was crazy because all she saw were vacant bank owned properties and prices dropping through the floor. 
+
+If you also are waiting for prices to drop what ideas will you use to decide when the right time is?
+Looking for some advice as to how my partnership can continue to scale our single family rental portfolio by raising money. A bit about us.. We currently have 37 upscale homes in our portfolio and are looking to continue growing without using our own money. We’re located in Springfield, MO where the average deal we’re buying is $75k-$90k before remodel costs.
+
+We have all of our systems in place to bring on private money and scale our operation quickly. Just a few of the mechanics to note...
+1. In house property management that only manages our units.
+2. 3 carpenters who only work for us on new acquisitions and run the remodels with our oversight.
+3. Accounting professionally done by a small, local CPA
+4. 3 local partners (each 1/3 owners of partnership). Real estate is my full time priority. It’s also one of my partners. Our other partner is a college professor with good RE experience. 
+
+We need capital to fuel our future acquisitions and to keep all of our folks (who each do an incredible job) busy. 
+
+What are some ways that we could raise money in this situation to continue our progress? In the past we have worked with local banks to get lines of credit on our high equity homes. Which we would then take out to purchase and remodel more. Since we’re at the point where we have 2 years of solid financials to show potential investors I’d love to identify some ways that we could raise money - and network with other investors as we pitch our deal.
+
+Our portfolios estimated valuation as of now is $3.25m with gross monthly rents of ~$35,000. We have a little under a million in current equity. Since nearly all of our units are remodeled after acquisition we have lower than average operating expenses. 
+
+Ideally we would initially raise $100k in flexible capital without diluting ourselves. That would allow us to purchase approx 5 homes if we finance at 80% LTV  with local banks and press forward into the summer. 
+
+What can we do here?
+
+Thanks in advance for any insight or tips. Cheers. 
+Investing has been an interest of mine for a while, I have finally taken some baby steps in getting the ball rolling (opened a HL acc last week) although I’m wondering whether I’m doing it at the wrong time? 
+
+Brexit is ‘apparently’ going ahead at the end of this month. Is anyone on here removing some or  all of their investments until they see what happens off the back of Brexit?
+
+Another question I have is... are there any companies I can turn my attention on that may benefit off of the success of brexit? 
+
+Thank you.
+Hi guys,
+
+I’ve recently deposited £4,000 into a Vanguard ISA. 80% into FTSE Global All Cap Index Accumulator then 20% into U.S Equity Index Fund. 
+
+I’m wondering whether I should just put 100% of the money into the Global All Cap fund or do you guys feel that splitting this is a good idea? 
+
+Thanks (& sorry if I sound very new to this)
+What are your views?
+
+Has been a staple of many portfolios for a long time due to its perfect record of dividend payment since ww2, but has cut them by 66% got this year. 
+
+Do you think this is a sensible long term move that will enable the company to get through this crisis and focus on longer term strategies relating to renewable etc.? And that in the relative near future we'll see share prices back up and dividend payments reinstated?
+
+Or that the days of shell being a major staple in portfolios are numbered, their position and reputation is hurt by dividend cancellation and will never see the heights we've seen before?
+
+Clearly two views there that are pretty polarised but interested to get your views? Particularly from those that are invested in them at present.
+I have been looking at several companies as I mull what I might invest in next (majority into ETFs every month with a small amount into individual companies). 
+
+Is it just me or are the majority of 'big' companies above their pre-pandemic price? I could kind of understand this if the company really profited from people staying at home (e.g. streaming services), but it appears that this is true of a lot of companies which have not been able to function as norm during Covid times (e.g. Marriott International). 
+
+I understand the expectation that lots of companies will benefit from pent up demand, but surely to an extent the income from that demand is needed to cover the losses incurred during the pandemic? So how are the shares worth more (or equal) to their pre-pandemic price? 
+
+Maybe I am missing something really obvious here?
+I recently moved out of an apartment that I lived in for 2 years. I kept the place in great shape, and during the move-out inspection maintenance quoted me a cleaning cost which I thought was reasonable. I took pictures and videos of my entire place before I moved out.
+
+Two weeks after moveout my landlord sent me a notice saying she is not only keeping my entire deposit but charging me extra, for a paint repair fee. She says that if I do not pay within 3 weeks of moveout (that's a few days from now) she'll be sending me to collections. I emailed her several times to ask for an itemized breakdown and a reason why the bill is much larger than what I was quoted during move-out inspection but she has stopped responding to me.
+
+My questions are as follows:
+
+* What exactly happens if I do not get sufficient justification for the charges, do not pay and she sends me to collections? Wouldn't this ruin my credit through no fault of my own?
+* What is my recourse now that she has stopped responding? Should I reply and threaten to sue in small claims?
+
+Any general advice would be appreciated. Thank you!
+hardcore eth-er here (see what i did there?), is curious what does the etheruem community think about lisk honestly and objectively (no bias).  i am curious what you brilliant minds think
+
+EDIT: Thanks for all the replies gentleman .  I knew I could count on all of you for excellent discussion as always .  Big and special thanks to bmisterxster for an excellent breakdown.  By the way , lisk is up today , maybe we had something to do with that who knows.  As an investor , I'm going to roll the dice and buy a small amount .  However , I'm betting on ethereum long term through and through .  Happy trading guys .
+Bitcoin has more than doubled over the last few months. Ethereum has just fluctuated around $300. What gives? I still haven't heard a good explanation for this.
+I finally pulled the trigger to quit my FANG job and start my own startup. It's well funded and we plan to pay ourselves $8K/month. However, no major bank is willing to touch my mortgage application for a $1.6M primary home. I will also sell my current condo for $500K in equity. I have around $5M liquid. I am getting some quote for 6% interest rate on some non-traditional loans. I can put in any amount of down payment but would love to leverage loans as much as possible. Anyone in a similar situation? What's the option to negotiate a good interest rate?
+**Well…. According to all the DD and info I’ve been reading for the last 4 months (including all the DD and post made)**
+
+GME is gonna get into an inflection point soon (IMO as soon as all the DTCC and SEC “firewall” rules come in place. Yes I’m looking at your 801/002 !!) and the bubble is gonna burst (right now the margin call of the bubble must be around 300-450 according to how hard the try to stop the price going up in mid March around $350 and the bubble is lot bigger since).
+
+https://www.reddit.com/r/Superstonk/comments/mkvgew/why_are_we_trading_sideways_why_is_the_borrow/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+This will cause to pretty much every other stock in the SP500 and the entire market to drop due to the liquidation of assets and portafolios of the shorts/HF (citadel and friends) that they have in other stocks and places. GME is disconnected from the market and the negative beta shows it, but the shorts big portfolios will impact other stocks and indexes.
+
+Once the clearing institution receive the signal they will start balancing the books and we will squeeze (you know how’s is gonna play).
+
+**We can see here the current levels are off the chart**
+
+https://www.reddit.com/r/Superstonk/comments/mq2iam/just_hold_on_tight/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+The effect on the stock and SP500 is gonna cause a ripple effect and cause another problems and this includes the bubble that there is (huge) in the 10 year treasury bonds (just as michael Burry predicted) that will collapse as well and will give shorts tons of money and drive the government illiquid. Don’t forget China owns about 6% of those bonds.
+
+**this is what Michael Burry has been warning us**
+
+https://www.reddit.com/r/GME/comments/mil875/michael_burry_handed_us_the_missing_piece_on_a/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+The money machine will go brrrrr to print GME money and to cushion the treasury bonds. That will cause too much money to be circulating around.
+
+**hyperinflation**
+
+This will cause inflation and hyperinflation, the usual cure to hyperinflation for banks is to limit and stop borrowing money around of all sorts to people by raising the interests heaps.
+
+Increasing interest rates will cause a lot of loans to default especially the ones with adjustable rates since people won’t be able to pay them anymore (interest too high).
+
+The whole economy including the entire world economy is gonna receive a big blow. Massive spread of wealth. Bubbles hurting everywhere.
+
+That is gonna last for a couple or few months until the government start collecting taxes (and start receiving taxes from other sources when apes start spending).
+
+**the calm after the storm**
+
+Apes will start spending and buying, returning the money to the banks and to the system, especially after they will use that money firstly to pay all the debts, a lot of those mortgages will be paid and that will relief a bit the bubble.
+
+Once the government claim the tax that’s almost 50% of apes money coming back to them plus all the money apes spend in houses, cars and basically giving money away around them.
+
+The economy inflation will decrease and things will be cheaper, the economy will be greatly stimulated and a new system will come in place, more regulation for this not to happen again (hope for a more transparent, blockchain, fair system live 24/7).
+
+The economy will be better than ever since the money is spread around and not sitting in some people big cushion banks (apes will make business, create technology, make the world a better place!!).
+
+**Cryptos will be the saving grace of currencies**
+
+Decentralized currencies like crypto’s will be the least affected in the market chaos and will fall at first (due to the liquidation of HFs and all the fuckery) but then will skyrocket after lots of apes will spend money in cryptos due to lose trust in the centralized market.
+
+**what to buy to fight inflation?**
+
+There will be more interest in buying land outright without banks involved, buying gold, art, assets, invest in strong currencies and cryptos (after they recover from this fall) to protect the money and other forms of currency due to the devaluation of the dollar.
+
+**conclusion**
+
+This is how I see the game playing for the future. I might make this a DD since I actually like what I wrote hahahah.
+
+This is no financial advice, just a regarded ape playing with his logical Crystal ball!!
+
+If you like what you read please give it a nice upvote or a nice award so more people can see this. Happy to reply to any comment like in my previous post.
+
+“We are not them” -snuffles (Rick and morty) let’s not become them!
+
+Please promise me apes that you will do you with your tendies, that together we will make this world a better place.
+
+My plan is to try and give away some money to people under the promise to spend 1 hour of everyday trying to make the world a better place, however they want. But under a promise to make one hour of everyday to the world.
+
+Much love for everyone!
+
+Please let me know if I’m using the wrong flair!!
+
+Edit: I’ll be adding all the supporting DD links as I’m collecting them, need more I gather all the DD I read for each bit and piece.
+
+Edit 2: few apes told me not invest in diamonds, it’s not a good option anymore because there is a company that manipulates the price of them and has the monopoly. Also they can be produced artificially almost to perfection now.
+
+Edit 3: clarifying the negative beta bit.
+I don't see this issue as prevalent on /r/ethereum  (probably cause we can't talk about it there), but the recent blaming on ICOs as being detrimental is largely supported with false claims. I understand it's an open discussion and there is no black and white answers to whether the current ICO framework is useful. But I do know that the main argument that ICO naysayers use is completely false. The argument being that "projects do ICOs with nothing but a whitepaper" is disgustingly incorrect. Almost every non-troll ICO will have a working platform with code up on Github free for anyone to check out. This code cannot be altered after the ICO so it's actually already finished. The only part that usually isn't is the web3 interface for interacting with the smart contracts. So, for people to say that it's only whitepapers and no MVP, is inherently incorrect and it's actually the opposite. And seems like only the pure traders don't realize this. Having said that, there are definitely ICOs that happen with just whitepapers but they are almost always the troll ones that everyone knows. Main takeaway is that always check the Github code and make sure you invest in good ideas, not hooker coins and pepe meme coins...those are the shitcoins that get mixed in with the good ones.
+[NET WORTH GRAPH](https://i.imgur.com/VlfLGEF.png)
+
+My wife and I just passed a net worth of 1M. We currently live in the southeastern part of the U.S., but not too south. I'm 29, she is 30.
+
+Looking back, getting to this point was a mix of our hard work, other people's hard work, and quite a bit of luck. Also the last 18 months have been fucking wild.
+
+We haven't reached the finish line yet (w.r.t. our FI number), but I feel like a rock climber who's made it to a ledge, and wants to look back on where I was and how far my wife and I have come. Maybe it'll motivate others, maybe not. Maybe it'll just give someone another example of a privileged white guy in tech to cuss at when you're pissed...At least none of it was due to crypto.
+
+**Our Hard Work**
+
+* My wife earned a B.A. in elementary education, and has been a teacher for the last 6 years, now in the beginning of her 7th. Starting at $35k and $47k
+* I earned a B.S. in Mechanical Engineering, and an M.S. in Data Analytics a few years later. Started at $52k base salary about 7 years ago, roughly linear raises to just over $90k up until last month, now at just under $120k. With bonus' around 5-10% since 2017.
+* I discovered the FIRE idea/community around 2014, starting with MMM, because of course. Since then I have been attempting to make sure my wife and I are putting away a good portion of our income. I'm not too detailed about it, but our savings rate is somewhere in the range of 20-40%. We do not do a monthly budget, but I keep a spreadsheet and have an idea of what we're spending. Daycare is a lot.
+* We bought our first house and moved in together in 2015, while unmarried. That's the first big widening on the NW graph.
+* We have had two cats the whole time. We got our first dog in 2015, second (with parvo and ticks, treated and survived) in 2016. They're all still kicking and licking.
+* We got married in early 2016.
+* She suffered a miscarriage at the end of 2016, and had our first child in 2018. Had second child in 2020 at the beginning of the pandemic when everything was uncertain.
+* After assessing our life and desires for us and our children in January 2018, we moved across country in mid 2018, bought our second home (second big widening on the NW graph), and started renting out the first through a property management company, seemed easier than selling at the time. Income on the rental started around $12k a year, now around $17k.
+* I volunteered at a local community STEM organization for a year, and we both volunteered for a local church for a couple years.
+
+**Other Peoples Hard Work**
+
+* Our parents. My dad was a single father. I grew up lower middle/middle class, but we had what we needed and a little extra. My wife had two parents and a couple of sisters, grew up middle/upper middle class. We both grew up in the southwest.
+* MIL was able to save up some money for my wife. When my wife and I met in 2014, the account was already at around $140k. Her mother also paid for her B.S., and therefore came out with no student loans.
+* All the teachers, family, friends, and other acquaintances (and even strangers) that influenced and supported us over the last 30 years.
+
+**Luck**
+
+* We were both born in the U.S., to relatively healthy and financially stable parents
+* My dad didn't make enough to directly help financially with college. A little over half of my B.S. was covered with grants due to my father's low income. The rest was student loans, and I worked for about a year part time earning minimum wage in retail during college (sidenote: It's crazy to realize that now I make more in 1 month than I made during the entirety of that year). I graduated and went into our relationship with about 30k student loans.
+* The job I've had the entire time my wife and I have been together, I got because a family friend was a Director in IT, and hired me on at even though my background was not in IT. The company paid for 95% of my masters degree. And I was able to get a little over 4 months of parental leave, for each of our two children.
+* The rise of the stock market, and housing market (especially in the last 17 months where our NW has doubled) compounded by the fact my wife came into our relationship ahead due to the account set up by her mother. I think due to that original $140k, roughly 35-50% of our net worth is because of her.
+* Bought a house before we were married, luckily nothing went south there...
+
+**The Present**
+
+Asset Breakdown (1.46M):
+
+* Homes (2): $881k
+* Other Investments: $378k
+* Retirement: $153k
+* HSA: $21k
+* Vehicles: $18k
+* Cash/Checking: $14k
+
+Debt Breakdown (427k):
+
+* Mortgages: 422k
+* Student Loan: 4.7k
+
+**The Future**
+
+Because my wife and I are comfortable enough financially, and have the means to do so, we are planning to move out of the U.S., to Germany sometime in the next 9 months. We believe this is a better move for us and our family than living in the U.S. given the recent/current political, social, and economic climate (We lean left). We are learning German, and researching everything it will take to move, and transition successfully. It is not necessarily geo-arbitrage as our COL will be very similar, though daycare, schooling, and healthcare will be much lower so we're excited about that.
+
+My wife might also stop working soon to spend a little more time with the kids and get out of her less than ideal profession, especially due to recent issues with her administration. Perhaps even starts a masters program abroad as doing so here would be of no benefit, as shown by her current employer.
+
+We realize becoming expats will be a very large (potentially stupid) transition, and will also impact our NW quite a bit. But luckily we've made it to a point were we feel secure enough to take that hit.
+
+To me, that's what FIRE is all about, and why I'm drawn to it. At least the FI part. Putting in the effort early and consistently, so that later you have more freedom and flexibility to do the things you really want to do.
+
+**TL;DR:** Teacher and Engineer, went from 110k NW to over 1M in about 7 years, a non-trivial portion of it due to MIL saving up money for my wife. Moving to Germany in the next year.
+
+Also if anyone has advice, tips, or stories about moving abroad, feel free to post those in this thread :)
+There are lots of posts right now about dividend shares disappearing from accounts with various German brokers. German apes are understandably shocked and upset by this, and some have started spiralling the FUD (whereas most other Germans remain zen, at least based on comments in the spiel stopp sub).
+
+So what happened? After market close, dividend shares have disappeared from accounts at several brokerages (currently 9?), without any explanation or paper trail. Positions are shown at a 75% loss. That, in itself, is indeed shocking. What's more, several of these brokerages had previously booked the dividend shares into accounts, but restricted trading them until 2-3 days ago in order to "figure some stuff out".
+
+**However,** there are other reports by German apes whose brokers went through the same stuff earlier today but have since resolved the issue. For example, Cortal Consors (a very popular broker in Germany) removed the shares but shortly after re-added them. Several apes reported calling them about it and received the following explanation:
+
+​
+
+*The shares had been erroneously added as stock split – a non-taxable event. However, as GameStop issues them as a dividend instead (a taxable event), they had to reverse the original erroneous booking and instead correctly add the shares as dividend. Nevertheless, no tax has to be paid bc the dividend shares were booked with a notional buying price of 0. They're back in the accounts at the correct price now.*
+
+​
+
+So what happened there was that the broker actually fixed a mistake and now booked the shares properly, as dividend. Who was responsible for the fuckup in the first place? Who knows: could be the brokerage, could be Clearstream (who handles US GME shares for almost all German brokers), could be a nefarious game. Yet I very much expect that **the shares will reappear in all other brokerages, correctly marked as dividends**.
+
+​
+
+Did these brokers fuck up? Absolutely.
+
+Did they handle the fuckup like amateurs? Fuck yes.
+
+Are they embarrassingly stupid and one should consider moving all assets away from them? No financial advice but OF COURSE HOW IS THAT EVEN A QUESTION???
+
+​
+
+But please consider that under German/European laws, the shares can neither just be deleted nor vanish into thin air, not can they be sold by the brokerages without the client's consent (barring some exceptions of course). If these brokerages would really just delete the shares, the BaFin (the German SEC) would be all over them in an instant. And unlike Gary's band of toothless tigers, the BaFin does not fuck around. A broker pulling the stunt of *actually* systematically deleting shares for their would have to close shop faster than they're able to look up "splividend" in the urban dictionary. On the German sub, draft letters to BaFin in appropriate legalese are already being circulated, and those brokers will get a lot of heat via their hotlines tomorrow morning when they reopen.
+
+​
+
+**TL;DR: several German brokers fucked up by incorrectly transacting a split, not a dividend. They seem to be fixing that currently, and very clumsily. But there is every reason to assume that the shares will be back in accounts by Monday, correctly booked as dividends, no longer as a stock split.**
+
+​
+
+PS: Some apes here on Superstonk have started using this event for divisive posts ("you should have just DRS'ed so this is basically on you"). And that's not cool. True apes are supportive of each other and don't use shit that happens to someone else to push their own agenda. You know who would post such divisive crap? Correct, shills would. So unless you're a shill, just stop riding this to divide the community for cheap karma. Superstonk apes are better than that.
+
+​
+
+PPS: Even if the shares reappear correctly, they will have been delayed by >1 week relative to the actual dividend distribution date. This will have the side effect (not unwelcome to shorts I guess) of spreading the expected FTDs over a longer period. Basically, shorts will FTD on US shareholders' dividends a week earlier than on German dividends, giving them some more time for fuckery as the bomb doesn't drop on them all at once. Yet the bomb will still drop, and I'm looking forward to the next T+35+x cycles because of it.
+There are two reasons for this:
+
+1)  Most any value created in all other industries ends up boiling down to tech advancements.  Hotels, Finance, Medicine, etc...  You have algos and tech breakthroughs driving all the increases in profitability in those fields and nearly anything else you might think of.  Quantum computing, whatever the new thing is after neural networks, better energy production, etc...  these will be the primary drivers of every percent increase in every industry in SPY, VTI, or whatever else you think is 'conservative,' 'sensible,' 'diversified,' or whatever.  In the end, you're just hoping for tech trickle down.  Other than that, VT has some modernization needing to happen in some underdeveloped countries.  Past those two factors, really, what growth are you banking on?  Inflation.
+
+2)  Along those lines, *if* tech stops developing, your other allocations won't matter.  Maybe you'd get some money from your Brazil and other developing market funds, but without tech leaps continuing to happen, society and humanity would be stagnating so completely that whatever you picked is likely to drag.
+
+So, if you've got at least 10-20 years ahead of you, XT, KOMP, or whatever diversified tech bets you like (SMH, probably) are really one of the most conservative bets you could make.  If they don't grow, you need to worry about the horsemen of the apocalypse or else the total decadence of all human endeavors more than your stock portfolio, and it's likely nothing else you might have picked was profitable in that time frame anyway.
+
+Counterpoint:  I could see an argument for lots of leverage on a broad index that benefits from inflation.  So the /r/LETF crowd or the SPY LEAP people might end up doing fine in the above scenario, or investing Ex-Tech.
+
+**TL;DR:  The only hopes for stock growth in forseeable future are Tech, underdeveloped countries, and inflation.  That's basically it.  Of all those, tech is likely to get you the most profit.**
+Some background: 31 y/o, making about 150k a year (will be way less this year unfortunately). 
+
+My horizon/timeline is 10 years minimum. 
+
+I recently started investing in individuals stocks but it is too time consuming given the nature of my job (also I would rather not be looking at 10 Qs and 10Ks). I recently sold all my positions except Disney and transitioned into ETFs. 
+
+I currently have VOO which I’ve held since last year and continue to add to it. 
+
+Currently added QQQ, VGT, VHT, ITA. 
+Looking to add: IYF ( financial ETF top holdings are brkb, jpm, v, ma) 
+VDC (consumer staples) 
+SOXX (semi-conductor ETF) 
+
+I plan to add to my SEP IRA this year, I do not qualify or can add as 401k. 
+
+My question is, am I over diversified? Should I cut down to just QQQ/VOO? 
+
+I’m open to some risk since I’m younger hence why I added SOXX, IYF, VGT, VHT (I like these sectors long term). 
+
+Any input is appreciated. Thanks all and stay safe!
+I've been eyeing a few Indian companies as well as Tencent and BaBa for a bit. I've been hesitant to pull the trigger due to US China relations but I believe BaBa and Tencent are undervalued with massive upside so putting money in an ETF that weights heavy on these two seems good. I also like India as I think once Covid is over they could continue to grow rapidly. I figured for a play like this investing in an emerging markets ETF is probably a bit less risky short-medium term then if I want I can sell and transfer the funds into one or two of the equities if I really want. 
+
+I like these three ETFs and I am wondering if people have thoughts on them. AAXJ has more exposure to S.Korea which I like as I see it as a sort of hedge against the Chinese stocks but their managent fee is higher. 
+
+Any thoughts on these three?
+What do you folks use to monitor and manage your portfolios?  My portfolio is only ETFs plus TSP funds, and I'm not an active trader.  But I would like a tool that would help me track allocations, long-term performance of the portfolio as well as individual holdings, rebalancing, and so on. 
+
+My primary computer is a Mac but I also have a Linux machine available.  No windows. 
+
+Any suggestions?
+There are two reasons for this:
+
+1)  Most any value created in all other industries ends up boiling down to tech advancements.  Hotels, Finance, Medicine, etc...  You have algos and tech breakthroughs driving all the increases in profitability in those fields and nearly anything else you might think of.  Quantum computing, whatever the new thing is after neural networks, better energy production, etc...  these will be the primary drivers of every percent increase in every industry in SPY, VTI, or whatever else you think is 'conservative,' 'sensible,' 'diversified,' or whatever.  In the end, you're just hoping for tech trickle down.  Other than that, VT has some modernization needing to happen in some underdeveloped countries.  Past those two factors, really, what growth are you banking on?  Inflation.
+
+2)  Along those lines, *if* tech stops developing, your other allocations won't matter.  Maybe you'd get some money from your Brazil and other developing market funds, but without tech leaps continuing to happen, society and humanity would be stagnating so completely that whatever you picked is likely to drag.
+
+So, if you've got at least 10-20 years ahead of you, XT, KOMP, or whatever diversified tech bets you like (SMH, probably) are really one of the most conservative bets you could make.  If they don't grow, you need to worry about the horsemen of the apocalypse or else the total decadence of all human endeavors more than your stock portfolio, and it's likely nothing else you might have picked was profitable in that time frame anyway.
+
+Counterpoint:  I could see an argument for lots of leverage on a broad index that benefits from inflation.  So the /r/LETF crowd or the SPY LEAP people might end up doing fine in the above scenario, or investing Ex-Tech.
+
+**TL;DR:  The only hopes for stock growth in forseeable future are Tech, underdeveloped countries, and inflation.  That's basically it.  Of all those, tech is likely to get you the most profit.**
+Hi folks! I’m not super well-versed in finance. I have an Etrade account where I  dump something like 15% of my savings every month until I can put in an order for  VOO. 
+
+I’m familiar with the concept of DCA, and presumably finding a platform where I can put $50-$100 into a fractional purchase of VOO every pay period would be better than holding and waiting until I have the $300-$400 I need to buy a whole share on Etrade. 
+
+Should/can I switch to another platform like Interactive Brokers to do this. Are there any downsides like more fees or anything I’m missing here?
+
+Many thanks!
+I want to invest 10k in ETF. I'm in doubt whether I should invest in 1: Direxion Daily SP 500 Bull 3 * Sharrs, 2: Vanguard SP 500 or 3: Vanguard Growth what is your opinion and other opinions?
+Im 21 starting my roth IRA. I got 90% VTI and 10% VXUS. Is this enough allocated to VXUS or should I bump it up to something like 15% or 20%? It has been practically stagnant for the past 10 years so I dont want it to effect my returns in the long run.
+I felt bad I was whining about working a job I didn't like and saving for something else when certain famous entrepreneurs claimed to have worked their entire 20s and never had a vacation. Delay gratification, that's the lesson and thought "yes, just work and it will pay off later." 
+
+Now the devil is in the details and I realized a lot of these "work. Grind. Hustle" talks all came from people who were working for themselves, doing something they love, and having fun doing it. This advice does not work for workers. We don't want to work 80 hours a week for someone else's business, especially if it's not compensating us extremely well. 
+
+Unless my job is something I love, and passionate about I won't go the extra mile (overtime, come in on day off, stay late).
+"Time in the market..."
+
+​
+
+"The market can stay irrational.."
+
+​
+
+"What about Japan!"
+
+​
+
+"Dollar cost average into index funds till you're 90 years old! I don't care about that day to day of the markets (yet i still read this sub every day)"
+
+​
+
+"only invest in USA, china is a sham and EU is dead"  
+
+
+why does this get upvoted every time? Do people never get bored of hearing these over and over?
+Actually my father did this but I’m trying to help out in this situation.  He ordered a laptop that cost about $500. Delivery driver comes, signed for a box and when I Get it it’s an e reader cover inside. I called and talked to multiple people before getting the dispute department that said they cannot do anything because I signed for it. (Because they let you inspect the box before signing eight?) she said there was no one else to talk to regarding this issue and I’d have to take it up with the credit card company. It’s a Walmart capital one card and my father sent all the information, receipts and pictures of boxes and measurements showing a laptop box would never fit in it. They closed the dispute and told us to talk to the retailer. Where do I go from here?
+Obligatory this is not financial advice – read on at your own risk and make sure you are comfortable with your own trades. The old age saying of only put money into Crypto that you are prepared to lose is extremely valuable. This post will aim to give you a bit of an insight into how I became successful in trading crypto and give you some real examples of how I read the charts and try to minimize my risk. Day trading or swing trading is not my only tactic, it took me years to get comfortable with a strategy that is successful so I’ll also hopefully give you some tips and tricks that will allow you to also get more familiar with the trading concepts, but while minimizing your risk profile.
+
+This is my own way of trading and accumulating more crypto - I'm not a professional trader and I don't pretend to be the next big thing. But I've learned a lot over the last few years and have come up with something that works for me - this post explains some of the logic and trading fundamentals that I think about. The post is not to shill any project - it is honest with what I held/am holding - but how and why I did what I did is the important lesson here, not to blindly copy my portfolio or style. You need to get something that works for you.
+
+**My Crypto trading fundamentals**
+
+These are some of MY fundamental principles with crypto – again it’s not an exhaustive list and I’ve built this up over the years – but some of these set the foundation reasoning as to why I did what I did. My strategy is far from perfect, but my main aim is to accumulate crypto over time and trust that the fiat value will take care of itself (assuming I backed the right horse) Hopefully you’ll see some of the examples in my journey below – but if you want a tldr version of my post summary, then the below list is where to go.
+
+1. Research every project you invest into – for 3+ months before you invest. If you cannot explain it in simple terms to a non-technical person (e.g. your Grandma) as why it’s a good investment and what the niche is – you didn’t do enough research or the project is just shit and should be avoided.
+2. Do not touch leverage you fucking degenerate
+3. Make sure you have the keys / control your own crypto (the majority of your stack should be held offline, but you can trade some of your portfolio on a reputable exchange e.g. Coinbase/Kraken not some tiny shitty one with that has higher chance of going under)
+4. Never FOMO – if you miss a spike and pump, you missed the boat to buy more. YOU CAN ONLY SELL into a spike, NEVER BUY. Likewise if the price drops, YOU CAN ONLY BUY into a dip, NEVER SELL.
+5. NEVER BUY back in higher than you sold for – even if that means holding fiat for months/years
+6. Get a strategy and stick to it – as in do not change your mind. You can continue to DCA, but only review your portfolio/strategy every 6-12 months and see if the landscape has changed and you want to do something differently.
+7. Remember it is 100% impossible to perfectly time every single trade (unless you’re a whale with 1B+ in crypto assets that is a market maker). Do not get worried or panic that the price goes the wrong way – you cannot time it perfectly. You do not need to get every trade right – you do not aim for 100% perfection, you just aim to get more winners than losers.
+8. Never sell at a loss! (There is a couple of exceptions to this – if you review your portfolio after 12 months and want to change into another project then this is ok. Also if your project goes into a death spiral (see LUNA) – then you’re better to get out with 5% of your portfolio than 0.001%)
+9. Have multiple exchanges ready and with KYC completed – don’t just have 1 exchange that could have downtime during a big spike and leave you holding the bags.
+10. Do not trade emotionally. Make sure it fits your strategy and principles
+11. Plan your exit strategy upfront so you can execute it without emotion – this is part of defining your strategy. Do not try to come up with your exit plan during the hype phase and chase the potential gains – you will never time it perfectly and chances are you fail to cash out enough. (Example strategy, for every x2, cash out 10% so you never lose your entire stack)
+12. Lambos are for noobs – when you get money for a super car you will not want to buy one. Porsche's are far better machines
+13. I always want some exposure to crypto (never cash out 100% of the portfolio fully to fiat or stablecoin)
+14. Do what the opposite of the market says – so check the fear and greed index. (It’s the same as the 2nd point above. Buy when it goes down and sell when it goes up.)
+
+​
+
+https://preview.redd.it/wu7c7zmhi6f91.png?width=594&format=png&auto=webp&s=547cf4a264d37d1eefc4d1f30ae0aaa8d35c2b6e
+
+**Where it all started**
+
+Living in the UK, my first exposure to crypto was mining Bitcoin back in 2012 at University. I joined a mining pool and mined maybe 0.5 BTC which was worth almost nothing, and it’s gone to live with the crypto gods in a landfill somewhere in the South-West. Then I did almost nothing for several years – not even really following crypto developments because I had absolutely no money to buy anything with. (I was a student that used any spare money for beer – I have absolutely no regrets)
+
+Then at the beginning of 2018, I was encouraged to make my first big mistake in crypto. I was ‘advised’ by my step-father to invest in XRP, because it was almost a sure fire bet. I think I started to buy in on the way down around £0.90 and the price never recovered. What a brutal landing into crypto – I was almost dissuaded, but then I sat myself down and tried to plan out a longer term strategy that would be successful.
+
+**DCA is your friend**
+
+My average price was £0.90, on an XRP that was only going down. I was in a lucky position that I was still young (under 30) and being able to make investments while still having my own house (that was priority number 1 which is why I didn’t invest in crypto from 2012-2018 – ask yourself also should you invest in crypto if that money should be better spent elsewhere like a house / medication / car etc). My thought process was – lets go big or go home. If it all goes to 0 – I’m young enough that I can build up another portfolio for retirement. Many people don’t even start in their 20s so if it all goes tits up, I can start again with something safer like stocks in my early 30s.
+
+So what did I do? DCA. Every damn month without fail, I was buying up XRP. I was not trying to spread my portfolio into many different projects (I was not researching much about crypto and to be honest, I cannot follow 10+ projects properly, I would rather follow one in more detail – again part of my own strategy. I wanted to understand what I am investing in)
+
+​
+
+https://preview.redd.it/0hoob3aji6f91.png?width=601&format=png&auto=webp&s=699668d1109d3a981ddd7c5b7da153fa11fd72fc
+
+By the start of 2019 – my portfolio looked something like this, continuing to DCA, the portfolio value was increasing and just about made it to a goal of 100k XRP – I was pumped. My wife (gf at the time) was a little less amused, she didn’t understand this at all and thought I’m just throwing away money in
+
+**Researching a backup plan**
+
+So XRP didn’t have a great start, the price was going down and I managed to get my average price to €0.30. (Yes it’s euro’s now not £ – I moved to live in the Netherlands in 2019). I continued to DCA but I was starting to think that maybe XRP was not the only horse I should back in the crypto race. This is when I started to spend a lot more time researching other projects and getting to understand the fundamental differences and the terminology (PoW vs PoS etc).
+
+2019 was where I made my riches, but I only continued to DCA into XRP. That doesn’t make any sense right? No, you’re wrong. RESEARCH! It is so damn important, the average investor is dumb as a brick and there is so much stupid money in the financial markets its insane. (Don’t get started on DOGE or TESLA stock – but they are prime examples where things are worth way more than they should – it defies logic).
+
+I was reading up about new projects and trying to find the new project that could come good – I didn’t want a super high risk micro cap that had a big change of going to 0, but also I didn’t want to bet on the big 2… BTC or ETH. So I looked at Coingecko and my strategy was to find a good project that had promise in the top 30. Let’s take a look at the crypto market cap ranking from the end of 2019:
+
+​
+
+https://preview.redd.it/ckuzn7kki6f91.png?width=602&format=png&auto=webp&s=0c432f6f2c64853dba2535048ffb0ff4894dce35
+
+Not all of these projects lived up to their hype – many have come and gone but some have stood the test of time. I was looking for something that would still be around in 3-4 years and ad the potential for more explosive gains. (Logically it seemed less likely to me that BTC would go x10 compared to say Monero which was ranked 16).
+
+So I spent most of 2019 researching up on projects and getting to find their project communities. **This is a key point** – facts and news are hard to come by in crypto. The best source you can get is from the project itself where you believe you can trust them (there are scam projects and rug pulls of course – if they sound too good to be true then it probably is). But do not rely on crypto news outlets or YouTube shills to give you your crypto news. It’s 2nd hand information and you also receive the info after other people have bought in – they are unloading their bags on you… Don’t be a mug – see fundamental point 2.
+
+**My first portfolio rebalancing**
+
+So 2019 has come and gone, I’ve been researching crypto and start to understand a bit more about projects. (I can understand and explain in simple English what the top 15 projects are trying to do, and explain the advantages/disadvantages). XRP was going nowhere and I decided, I’m going to change my strategy. So I sold my XRP and bought ADA. I cannot remember the specifics of what I got out at on XRP, but I had about 100k tokens from DCA and went 100% into ADA and continued to DCA. My average buy in for ADA at the half way point of 2020 was about €0.06.
+
+Why Cardano? It seemed like a well funded project that was doing things the right way and I had confidence they would be around in 3-4 years and the risk vs reward looked actually in my favour. (Risk was medium with a good potential – at least that’s how I viewed it). Again I’m still prepared to lose everything, but I see that from 2020, ADA looks like it has a brighter future than XRP and it’s time that I eat some humble pie and change direction.
+
+I did not FOMO and change my strategy when things were not going great with XRP at the drop of a hat, I took my time and made sure I had a solid strategy and logic behind my next move. The biggest fuck up crypto and especially day-traders will do is panic and try to ‘get back their losses’. The past is done and in the past – you can only change the future direction you’re going in so do not get emotional and hold onto the ‘what if’. **PLAN YOUR NEXT MOVE AND STICK TO THE PLAY!**
+
+**Staking**
+
+This is not written as an ADA shill, but the big reason I went into Cardano was that I liked their PoS model (there were other projects that had this potential so I could have chosen another, but this is what I picked). Cardano with PoS seemed much fairer than PoW and much more energy efficient. I have to be honest – compound interest is what really got me. At 5% returns per year – you can double your investment within 14 years. TIME IS WHERE YOU MAKE YOUR MONEY with compound interest, set it and forget it!
+
+​
+
+https://preview.redd.it/17zucy3mi6f91.png?width=602&format=png&auto=webp&s=b350cb79b78b26759b4783b9d12f74dc20c0684e
+
+The saying of ‘look after the pennies and the pounds look after themselves’ seems like something your Grandma tells you with her words of wisdom – but this is how pension funds make their big gains over longer time periods. This is why I love staking and think it’s a legit way to accumulate more tokens. If the price remains stable then you’re happy earning rewards!
+
+**Following market pairs**
+
+Staking after a year and continuing to DCA.. My ADA portfolio was growing. The price was also starting to increase and ended 2020 at around €0.20 – I was now up on my €0.06 average and a bit happier – my perseverance and strategy was starting to pay off. DCA during that bad years of 2018 and 2019 had grown my portfolio in terms of fiat, but then the switch to ADA was what made this play successful.
+
+Tracking market pairs is really important – when it comes to rebalancing your portfolio it is probably one of the most important metrics to look at. I do not like looking at the charts of each token in USD or EUR because they often are pretty correlated, I want to see the strength of 2 projects side by side, so make sure you follow the charts of a specific pair! See XRP/ADA example
+
+​
+
+https://preview.redd.it/v21hzkmni6f91.png?width=602&format=png&auto=webp&s=3aacfe2d3825a163383309732080e6b5ad545101
+
+**Swing / day trading doesn’t seem that difficult?**
+
+Swing / day trading seems so easy right? But the stats seem to suggest that 90% of day traders lose money. They are correct – most people fail with fundamentals and panic. They rush into something and FOMO or invest in something they don’t understand. Following some of my fundamentals above should help you combat some of this – but again it is not easy.
+
+How did I start?
+
+Well, for the end of 2020 and beginning of 2021, the price of ADA continued to go up but staking and DCA was getting a bit boring. I wanted to look into getting alternative methods to increase my stack and I was getting more confident in crypto having spent longer here. I wanted to dabble with day trading but I was a bit concerned I could lose money and wanted to ‘test the waters’ before I jumped in with both feet.
+
+So I started to manually track what trades I would make based on the current price in excel. I never actually made the trades – but I would say to myself, this is a prime selling opportunity – lets play around with selling 5% of my ADA stack and trying to buy it a bit lower to increase our token amount. I’d then manually say to myself – ok this seems like a nice time to buy back in and would manually input into excel what I would have made, and I did this for 6 months without even trading anything!
+
+Then the moment came – after being successful in trading (hypothetically of course) the time came to put my money where my mouth is and start to trade with my own money. This is psychologically a big barrier to overcome and will test your nerve – but you need to have the stone cold killer mindset. This is just you executing a plan and strategy without emotion – you do not FOMO. You simply look at the charts/numbers and if they tell you to sell, you sell.
+
+**My swing / day trading principles**
+
+These principles are on top of the crypto fundamentals I listed above - again these are MY principles that I use to execute - you may disagree with what I do but this is how I am happy with balancing my risk profile.
+
+* You can only trade when the market is volatile – so if it isn’t right it isn’t right. You cannot force it. I can trade multiple times a day for several weeks in a row then go for a month or 6 weeks without trading anything! I never try to force anything and only make the trade when my gut says this ticks all of the boxes
+* Sell into pumps – market wide pumps or project specific is fine. (Project specific pumps can last longer than market wide pumps on a day trading scale – so you need to check the rest of the market. If your project is up 15% and the entire market is flat – maybe check a bit more into why this is happening and time your exit over the day (read this as DCA out))
+* Set yourself a maximum amount of your portfolio that you will cash out into pumps (e.g. Lets say I hold 100k ADA, I will only ever max sell 20k in 5k increments as the price keeps going up – if it continues to go up then I hold the remaining 80k and wait to rebuy. If the price never comes back down – then I’ve just taken profit on the way up and hopefully it’ll be pennies in comparison if it is a legit moon shot and you won’t feel so bad)
+* Check the volume and order book for your project on your exchange! See what the support levels look like (if there is a big wall at a psychological level e.g. 20k for BTC – probably it bounces off – so it’s an ideal selling opportunity to buy back lower) – if the trading volume if high on a specific day – then it’s a great opportunity to dump your bags and buy back in cheaper1
+* Do not try to time your buy back in to be perfect – you won’t catch it at the fullest extent of the dip. For my tactic – I refuse to buy back in without making 2% on an individual flip – with the aim to complete this 4-5 times in a day if the markets are volatile – trading on 15 min charts. (The project can start and end the day at the same level but if can flip 2-3 times then I am growing my stack while the market is relatively flat). I personally, will go for bare minimum 2% on a flip, but can be upto 15% if the market tanks. I’m not holding fiat for long max 1 day if the markets are going down but also if the price continues to go up – I’ll sit and hold for as long as it takes to buy back in even if that takes months (again I only sell max 20% on my stack in smaller increments) – I am not looking to time it perfect and do not think in fiat terms. I think about how much of my ADA I was able to get each trade.
+* Build yourself a tracker in excel where you can track your trades and give yourself some perspective on how you are getting along – bonus points if you build yourself out a compound interest calculator & exit strategy into it to.
+* I only make trades when I can manually do them myself when I am awake – meaning I do not set limit orders. I want to be in a position to make the trade myself and reach the market sentiment and charts – again this strategy might hinder me – but it’s what I’m comfortable with. (Only exception to this can be setting a real low buy price and hope some idiot fat fingers a trade – these tend to happen maybe once every 3 months on Kraken/Coinbase for lower liquidity projects and you can hoover up free money this way – best fuckup someone ever made for me gave me 5k free ADA lol)
+* Always have a small % of fiat available to buy a ‘black swan’ type of event – or a big unexpected dip. I don’t believe crypto will disappear but I always have some fiat on hand separate from my normal day trading money ready in the event the market turns bad and you see 40% discounts across the board in a single day.
+
+**2021 – the year of ATHs**
+
+2021 was incredibly and absolutely life changing. I managed to execute my exit strategy and buy myself a nice house and Porsche GT3. Pic of the beast for those car enthusiasts: [https://preview.redd.it/z7n5mh53dnt71.jpg?width=960&crop=smart&auto=webp&s=ea7ff4d2c4cad3ae1522c434a954c58f35030736](https://preview.redd.it/z7n5mh53dnt71.jpg?width=960&crop=smart&auto=webp&s=ea7ff4d2c4cad3ae1522c434a954c58f35030736)
+
+I cashed out max 50% of my stack and continued to stake, DCA and swing/day-trade. Getting to a point where at the end of 2021 I had traded over $40m in volume and a net worth of over 7 figures. It’s absolutely unthinkable to me that this was possible and I still pinch myself to this day – all of this is not real and just numbers in an app somewhere until you cash out. Life is too short and you can get hit by a bus tomorrow – make sure you do take advantage and cash out some of your profits (even if you’re a little crypto shrimp and that is taking your partner out for dinner instead of buying a house) – get something out of it! If crypto goes to 0 – you better be damn sure you come out of it better than you went in.
+
+**The second portfolio rebalancing**
+
+ADA had given me incredible returns, with a DCA in and a DCA out – for the profits I was taking I was up x25. It was time to start planning my next portfolio rebalancing. I’m always continually researching and reading up on crypto – so I already had an idea on where my next project could be (I’ll mentally have a top 5 other projects that I would invest in to be prepared). In the summer of 2021 I decided to exit my ADA position and move into LRC – where I remain with 100% of my position until this date. I continue to swing / day trade successfully albeit with lower volumes because the market is not pumping.
+
+**Where do I think I can improve my own strategy?**
+
+This is a difficult one – but probably having a better strategy for bear markets. I do great selling into pumps – but if the market is going down, I only have so much fiat to be able to buy the dip. I will continue to DCA but I should be looking at the MACD trends and be able to accumulate more on the down trends. I could improve this by cashing out more on the bench and waiting for a longer dip to take place – but I get anxious with less crypto exposure. (I do not want to miss the pump). Therefore one of my strategies is to make sure I never cash out all of my crypto – only small %’s at a time. (Remember my goal is to acquire more tokens without exposing myself to holding large amounts of fiat to miss a pump - I hope I backed the right horse and over the medium-long term - the fiat value of my stack will take care of itself)
+
+Also as my portfolio grows even more – I should start to invest into other projects and split the risk rather than going 100% in one project (I know this – but I do not have sufficient time to research 5+ projects sufficiently enough and stay up to date with the news - I will de-risk in the future and spread my eggs in multiple baskets - this will probably happen in my next portfolio rebalancing)
+
+I hope my journey was an interesting read and you maybe learned something new. My journey is far from over and my biggest advice is to just plan and research your own strategies that you can execute. If you do this – then you are much more likely to be non-emotional when it comes to trading and that is where a large amount of the 90% of failed day-traders go wrong. I don't just use 1 technique to make money with trading - I use several. My main ambition is to increase my stack size, whether through DCA, swing trading, day trading or staking. 
+My father recently passed away, and we have found that he never discussed his finances with anyone. (Not his spouse, siblings or children) He had a good income, but also spent lots of $$, so we're guessing he has something between nothing and secret millions. He has his statements being mailed to at least three different addresses after interstate moves(and maybe e-statements, who knows?), and largely organized papers by remembering which pile they were in, so figuring out what his estate consists of is a hot mess.
+
+
+We have an appointment with an estate lawyer in a few weeks, but their office (and the coroner's office, and the crematorium and everyone involved in the process) are very backed up due to the unusually high number of deaths this year, so we'd like to try to find as much as we can in the meantime.
+
+
+I know about the NAIC life insurance locator, are there any other tools like it to help find assets and debts my dad might have had?
+These memes are low effort and easy to mass produce and spam, and are being flooded into new almost as quiickly as they can be downvoted, reported and deleted by knights of new.
+
+The Ken = random things meme in particular is a highly effective spam, as literally nothing more than a vaguely anthropomorphic object has to be labelled as Ken in order to be “valid”.
+
+As usual memes are fun, these were funny, now however they are being mass spammed. 
+
+The David Inggs attempt doesnt even constitute a meme. Its just the guys face with barely even a joke, and approaches the levels of mass spamming of an individual that were seen with Melissa Lee last week.
+
+Forum sliding campaigns involving people have the added danger in that they can be used to justify shutting down Superstonk on the basis of harassment of an individual
+
+As usual upvote funny, hilarious and original content or variations, and things which make a good point. Downvote repetitive shit that just clogs the arteries of this forum.
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+I don’t understand why these institutional analysts keep getting the prices wrong. Like I’ve done my research and everything, all my research points to the price of this stock being severely undervalued and yet the market doesn’t reflect that?
+
+This led me to believe that most of these financial guys/gals are illiterate and needs a different job that requires less numbers.
+
+I’m appalled by our education system and the mis-pricing of the current market is a direct failure caused by our education system.
+
+The financial industry needs a huge overhaul and it’s time our government steps in. We need to fire these “analysts” who clearly have no idea what they’re doing.
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/EKU2tVBp9u)
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+What would theoretically happen to the prices of everything else like food, homes, clothes, etc if btc 20x from current prices and is 1 million dollars per coin?
+I’ve done a bit of research and i only need a 5% down payment on a house to buy it. would it be worth it to buy the house through a down payment. fix it up and rent it out and use the rental money to pay back my debt? would that be a sensible option for a 17 year old in australia.
+I'm referring to this post. https://www.reddit.com/r/Superstonk/comments/nggu0y/blackrock_sells_62876_shares_and_ubsmetlife/
+
+I took a look at Fintel and even though I don't have the subscription it still lets you see some numbers.
+
+For Metropolitan Life Insurance Co., you can see that as of the 03/31/21 13F filing, they have 15,000 shares, at a $1000 value of 2,865. That would mean they're GME Shares are valued at 2,865,000. Divided that by 15,000 shares and you have an average cost basis of **191 per share**. The average cost basis that Fintel lists doesn't even mathematically compute given their total value and number of shares.
+
+https://prnt.sc/134x2bi
+
+https://fintel.io/i/metropolitan-life-insurance-co-ny
+
+GME would have been priced at 191 multiple times before 03/31/21 after the run up from 40 dollars in February.
+
+I don't know what exactly other posters were looking at but I don't see that when I go to Fintel's site.
+
+The same goes for UBS Asset Management. https://fintel.io/i/ubs-asset-management-americas
+
+62,845 shares at a 11,929 (x1000) value of $11,929,000 equals to  an average of about **189 dollars**. GME was sitting at around that price before 03/31/21.
+
+**TL,DR: The average share cost was likely an error because it does not mathematically computer with the other numbers given in the charts.**
+
+*Disclaimer: I am an idiot and I think this is actually the first post I've made on GME besides commenting a lot, so if I'm completely wrong, go easy. Lmaooo*
+
+**Edit:** Dave Lauer also calling it as an error. https://www.reddit.com/r/Superstonk/comments/ncj6q6/fintel_showing_two_new_institutional_holders/gy5ef9b/?context=3
+
+**Edit 2:** The post where Dave Lauer is calling it an error is also 5 days old. So it's been disproven for DAYS.
+I know some of you do it to warn of a bitter reality that you learned about the hard way, but I’ve been lurking here for a while and time and time again whenever a fresh trader is proud of their success they are being knocked down with:
+
+“it’s an easy market” 
+“don’t be proud when it’s been all bullish” 
+“right now it’s so easy to clean up” 
+“I’m up 300000% it’s just the market”
+
+I get that it isn’t done with bad intention but it would be a lot better to explain why you think their strategies won’t work long term, or why you think the market is what’s causing their success we’re all here to learn aren’t we?
+
+or maybe just maybe some of us out here actually have a good solid strategy based on all the priceless information being shared here.
+
+Thanks for the award!
+Alright so im 18 I got lucky and snagged a damn good job pulling in almost 4k a month. This is my first “real job” since i dont count arbys as a real job. My aunt said to use principal.com to set up my 401k, i tried, and they arent letting me. So where should i set up my 401k, how much of my paycheck should i put in my 401k, and other stuff like that. I dont have many bills as of right now, just insurance and phone pretty much.
+I was discharged from bankruptcy in Feb 2017. Since my banks refused to give me credit card ( or any credit whatsoever) until 6-7 years after my discharge, someone showed me the advert of Capital One that says using their cc wd assist you to build your credit score back, and that it’s easy to get. Truly, they gave me the CC with $3000 on it. Since then I have been very careful. I pay my bill on time. No reason for the CC company to complain. But my score is not improving much, 4 years after I started using the card.  
+
+What am I doing wrong?
+Whats your “If you give a man a fish, you feed him for a day. If you teach a man to fish, you feed him for a lifetime” advice for helping those early and late in their financial planning?
+Basically my mum died 2 years ago, her and my dad were the only income for the house and we just about managed with that. Since then we’ve been living off my dads wages and her life insurance money, I now have a full time job too. The thing is we’ve run out of the life insurance money, mine and my dads wages alone aren’t enough to keep us going. He’s tried to equity release and a remortgage on the house which have both been rejected. Are there any other options or anything that I could try instead of him? I’m 18 now and I’m not great with money but if anyone has any advice on what I could do I’d be so grateful.
+I applied to get a credit card in many banks and got denied every single time for always the same reason: "no employment status", which is obvious if you retire. Why asking for wealth and revenue from dividends if they don't consider it?
+
+The only credit card I can get is through my private bank. It is not bad but they don't offer cashback or miles. My bank offered me the Amex Centurion Black, but the fees are ridiculously high. I used to have other credit cards with perks, but they were only valid before I moved abroad.
+
+How do you handle your credit card if you retired early and moved abroad? Are there any bank delivering cards with miles to people who fatFired?
+I understand that preferred stock pays out more in dividends, and is preferred in the case of bankruptcy. But why should it not appreciate as much as common stock?
+
+If the company is worth $1m, with 100k shares, then a thousand shares of either preferred or common stock would amount to 1% ownership. If the company goes up by 100% to $2m, then I have gained $10k, being that I own 1% of a $2m enterprise with 100k shares. So why does it matter if my ownership is preferred or common?
+I quit my job this year before I was even a profitable trader. I joined a couple of well known trading “schools” and quickly realized that the majority of them simply do it incorrectly. The continuous routine of checking gap scanners and trading news catalysts were bringing minimal results and seemed more like chance and gambling to me. Jumping in when the momentum is high and hoping it continues before the crashes seemed like these so called “trading instructors” just get lucky more often than not to the point where their profits outweigh their losses. But that’s all fine because nobody can trade knowing the future. The thing that turned me off of the normal way most people traded was the absolute hatred they seemed to have for the “smart money” on Wall Street. Trading is unfortunately a singular endeavor and these paid-for communities seemed to be taking advantage of the desperate people who wanted to find the secrets of the market. I was just curious as to this feeds opinion on the matter, and whether the hatred of the big shots on Wall Street was valid?
+EDIT: before you reply with “easy, just cancel the card and get a new number” you need to read the whole thread, it’s not that simple at all
+
+So here’s an interesting one for anyone that enjoys Kafka-esque situations. I’ve been having getting unauthorized audible subscription charges to my credit card for about 6 months, I called em, explained the situation and they refunded the charges (using the reference on the charge to find em) but then I kept getting the charges, so I call em again and they refund again, this time I explicitly ask them to remove my credit card from this other account, but they said they can’t because I can’t authenticate the account to allow them to get in and remove it. They can’t tell me who owns the account, but it’s weird because they did tell me the credits aren’t being used ie the account is not active. So I asked what they recommend and they said report to credit card issuer and get a new card number, which I did. But again the charges keep coming (I think there’s some hidden trick which allows companies to get the new number - I guess for when expired cards get reissued). Anyway I’ve tried calling audible, emailing, tweeting em and every time the answer is the same - “this ain’t your account so we can’t do anything”. Last resort would be to tell credit card company to block audible, but my wife actually has an audible account charged to same card (it’s an amazon prime card issued by chase) but don’t really want to do that since I think this is audibles problem to fix, and I kinda wanna teach them that their processes are broken for situations like this.
+
+Sorry for the ramble - any thoughts?
+I understand that when selling a CSP you should be selling an OTM contract with expiration in 30-45 days with delta around .30, but does it make any logically sense to sell a CSP that is ITM, to collect on the huge premiums from high implied volatility stocks. 
+
+I have a feeling that because the premium is so high due to implied volatility, there is a lot of intrinsic value left in the contract, so it wouldn't make sense for the buyer to exercise the ITM put. Also, if I am assigned on the CSP my premium is so high that my breakeven would me so much lower. 
+
+For example I am looking at HCAC, Feb. 19 2021, $30 strike with a premium of $14.90 and the stock price is $19.00 as of right now. This means $11 dollars of the premium is intrinsic value, and the remaining $3.90 is extrinsic value and my breakeven price is $15.10. 
+
+So if I am to get assigned 100 shares at $30, due to the premium I collected it would be the same as me entering the stock at $15.10. Regardless, does this strategy make any sense or is it beyond dumb and I should stick to selling CSP that are OTM?
+Hey guys,
+
+it seems a correction has arrived, the sell off across small caps --> large cap is making me dizzy lol
+
+What is your play today?
+
+For me, I would have to close almost all my put spreads, and add more to the calls side. The IV would be high today.
+
+Day end edit: 
+
+I rolled my AMD/ AAPL PCS down and away, took a small loss. Also added a bunch of call credits spreads to hedge a few tested positions. 
+
+Overall, my currently portfolio looking decent, just annoyed that I panic a lil bit and rolled my AMD/ AAPL too early. Should have waited an hour after the market settled down. 
+
+​
+What's your favorite and why? Which do you think offers the best return, and which do you think offers the safest path? I'd love to hear all of your opinions.
+I wanted to know how S&P determines these ratings and why is India so close to getting a 'junk' rating while Spain which needs a $125 billion bailout still has a BBB+ rating.
+As the post title says, I’m considering selling all my $O to purchase some growth holdings instead. I’m currently in my late 20s and feel like I jumped the gun on focusing mostly on dividends. I still have a larger hold of $SCHD shares, so it’s not like I’m leaving dividends focused holdings all together.
+
+I’m just wanting to get a second opinion.
+
+Edit: I will not be selling my $O shares. I’ll just buy a small positions of $AMZN and $GOOGL. I was just wanting to get into their rally before their splits happened.
+Update: created a new post with 5/11 EOD Data here: [Delta Neutral Price Update with EOD Data Thru 5/11](https://www.reddit.com/r/Superstonk/comments/na952e/gme_delta_neutral_price_update/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+Update with 5/10 EOD Data:
+
+I finished processing the 5/10 EOD data and have some updates to share. The Delta Neutral price dropped from $143 to $135, so unfortunately this may drop some more tomorrow with $135 as the floor. These stats are looking more like the 4/12 drop than the 3/24 drop. Good news is the max pain/gamma neutral didn't drop much, and the total market gamma is negative which does good things for squeezes! I added some stats from my dashboard back through 1/4 so you can see this price drop compared to prior, in addition to the updated graph with the 3/10 data (enhanced with the max pain/gamma neutral for you).
+
+​
+
+[Dashboard Stats - 3\/10 thru 5\/10](https://preview.redd.it/66voenqbzcy61.png?width=1841&format=png&auto=webp&s=4fc92ec8785f3c2f486d499d365912575b733dc4)
+
+​
+
+[Dashboard Stats - 1\/4 thru 3\/9](https://preview.redd.it/twtax06jzcy61.png?width=1843&format=png&auto=webp&s=28487779f66cab61c7df0020529da13bae19749b)
+
+​
+
+​
+
+[GME Graph through 5\/10 EOD](https://preview.redd.it/zalc480vzcy61.png?width=910&format=png&auto=webp&s=62baff4131d1039b7133f74e1ec724091318c54a)
+
+​
+
+Original Post with 5/7/ EOD Data:
+
+I have been tracking the GME price against the Delta Neutral Price ( underlying GME price that creates a total market delta of 0 across all GME options data).
+
+As shown below, it has historically bounced off the delta neutral price. My calc relies on open interest, so I can only calculate this metric end of day. My Delta Neutral price for GME was $143 on 5/7 end of day, so will be interesting to see if the GME price bounces off $143 today and ricochets back up.
+
+[GME Close versus Delta Neutral Price](https://preview.redd.it/vcj0ymks9cy61.png?width=910&format=png&auto=webp&s=b45791ad73deb2706c3c7ff5e1213da2245d3550)
+
+edit:  I track this and other metrics, like gamma neutral/max pain for all equities with high options volume, and this kind of behavior is common for the underlying equity price versus the delta neutral for the stocks I track (ones with high options volume relative to equity volume).
+
+My general theory is that as the underlying approaches the delta neutral, the call options have a flash sale. As people buy up the call options, MM have to buy the stocks, which shoots the price back up. I can see this in the options volume for days on/after times equity approaches the delta neutral. Just my theory though, I haven't found much outside research on this topic.
+Hi PF,
+
+Long time reader, you guys have helped me and my wife immensely in planning and saving. Yesterday, we were on Let's Make a Deal (clip here: https://www.youtube.com/watch?v=nKUnMxvcIqo) and we won a new car! [oops, spoiler alert]
+
+We don't really need a new car and are contemplating selling it to put money towards a home down payment. From what I can tell of my cursory research, I will be hit with a prize tax as well as including the value as taxable income. Will this be done when I submit my 2016 tax return? What can I do to appease the IRS without getting completely hammered by Uncle Sam? 
+
+Just a couple of notes:
+
+* The prize fulfillment dept has 90 days to arrange delivery of the car.
+* The car may not be exchanged for cash value, however, I may try to negotiate with the dealership on this.
+* It was a surreal and fun experience, I'll never complain about paying taxes on the win.
+* Wayne Brady smells like vanilla and leather
+
+Thanks to anyone with advice on how to best proceed!
+Look I don't care what you have to say about XRP, and it's obviously centralized distribution. 
+
+But the fact is it was delisted from both Binance and Coinbase. The two exchanges every altcoin would kill to be on. And still has an impending SEC lawsuit. 
+
+Who are all the maniacs still buying/hodling XRP? Are people betting that the SEC lawsuit falls through, and XRP gets relisted and jumps back to several dollars each?
+The last time Fargo Wells cut lines of credit with immediate effect was 2008.
+
+The last time we hit 5.4% inflation was 2008. (Expected to be higher for July)!
+
+As of January…Almost 8 months ago, SI over 240% probably much higher. Maybe 1000%!? 
+
+SHF haven’t covered and continue daily to short the shit out of the stock. 
+
+Rental moratorium expired sat leaving millions in arrears without help. 
+
+Exponential rental increases in 2021. 
+
+Delta variant exponentially increased with another lockdown in discussion. 
+
+Debt ceiling not extended. 
+
+GME is negative beta. 
+
+Reverse repo hits OVER $1 TRILLION. 
+
+History confirms every crash is result of too much fake money flooding the markets. 
+
+No more free money coming in the post anytime soon. 
+
+GME NFT’s coming. 
+
+You couldn’t ask for any other Chairman than RC. The man is a legend and he will build Game Stock into a BEAST! I guarantee he won’t fuck Apes over. I trust that man. 
+
+When you see the fuckery on the price, remember the FACTS. It cost nothing to hold, but it’s costing them billions. And soon, very soon, the world we know that we aren’t members of a cult, we are just average Jo’s not a stupid as some would like to make us out to be! 
+Be Patient 
+HODL
+And sell after the peak to cause max pain and max tendies. 
+
+If I’ve missed anything feel free to share! 
+🚀🚀🚀🚀🚀🚀🚀
+I’m sure this has been asked and answered but I can’t find it anywhere. This sub is filled with posts where relatively young people claim financial independence while single or in a DINK relationship. I’m curious about what’s happened as any of you have had families. Or if others like me are chasing FI with an expanding family.
+
+Some specifics about me:
+
+* I’m 41 and in a single income home while the kids are too young for school. My wife will return to some form of work once we aren’t living in daily insanity.
+* My kids are 2, 3, and the third (last) is due in a few months
+* Our single income is about $375k/yr
+* We live in a HCOL area but have only a mortgage we are ruthlessly paying down. Currently just over $300k
+* Barring any major catastrophe, we should be FI in 4 years
+* I love my work and don’t plan to walk away from it unless it gets too stressful or there’s a drastic reduction in my pay
+
+I don’t want to wind up being “you’ll understand when you have kids” guy, but I’m just very curious about people who have claimed FI early in life and expected to travel the world only to suddenly realize having a family and added responsibilities changes things. Also this sub seems to have a lot of dudes, and I’d love to hear the female perspective on this.
+
+EDIT: Wow, there's been so much feedback it's almost hard to keep up! I wanted to add a few things to address some of the common questions I've seen.
+
+1- My job: I'm a Sr Development Manager at an enterprise software company.  My pay is a mix of base, bonus, and stock.  Pay like this fluctuates and is not guaranteed year over year.  When I decided to have kids, I changed the course of my career to be able to work from home.  My wife first tried to take a year sabbatical, and has since decided to stay home until our kids are in school.   
+ I'm extremely grateful for what I have and try to be very generous while also working towards my goals.  Thank you to those who understand that in a truly HCOL area having a $200k/year household income means you're just getting by.
+
+2- I asked for a female perspective because in my experience women tend to analyze thousands of little factors I would never consider when it comes to kids and put them all together in what they might call "mother's intuition."  I've tried to be analytical about the cost of kids and I'm constantly surprised at how wrong I can  be.
+
+3- Seven short years ago my wife and I were DINKs living in a small 1BR condo and making \~$75k/year.  We drove a 20 year old car and followed MMM style frugality while trying to save for a house, pay for our wedding, and pay down our $120k+ in combined college loans. We quickly realized this would be a difficult life to lead with one or more children in the mix, which is why I'm asking how others handled this.
+Firstly, if this is against the rules please remove this. I'm not promoting a channel because I don't have one yet, just gauging if people would even watch. I have actually never made youtube videos at all hah.
+
+I love this community, I've learned a lot here and I've started to give a little back to the very new people. I've only been trading a little over a month and I'm learning lessons every day in the market. I wonder if people would be interested in some fairly short videos of me putting on some trades, talking about enter/exit strategies, then talk about the trade as it progresses and finally management and closing/trades.
+
+Would you be interested in this?
+
+Edit: I’m legitimately overwhelmed by the response here. Thank you all for your input. Just to clarify something, I am not *teaching* how to trade options here. Think of this as a vlog trading journal that you can grow with over time. I plan on explaining some concepts and why I make the decisions I do. So far every trade decision I have made has had some lesson to be learned from it. I’m doing this for 2 reasons: to help other people who are going through the same and to have a video log of my trades. I currently keep a paper log too but this will help me see my own thought process evolve over time.
+
+Thanks again! I’m gonna start working on this tomorrow so if you want updates give me a follow on here and I’ll post some updates to my page.
+​
+
+Fun Fact: He owned 49% of Microsoft at IPO and slowly divested over time + donation to his foundation.
+
+​
+
+Microsoft today has a 1.6 trillion market cap.
+
+​
+
+2+2 = $800 billion
+
+​
+
+Thus he would have absolutely destroyed Jeff Bezos's $190 billion
+Has anyone been paying attention to the amount of Forex pyramid schemes that have been circling around lately ? I live in Canada and so many people I used to know are trying to recruit people into their scam.
+Hi, new here. Does anyone run a log/journal? I'm going to be sharing my trade signals if there is interest. I started running this system on 5/3/2020 with $5,000 equity. I will be targeting 40% utilization of equity as a re balancing point, so \~$2,000 margin being used to start.
+
+**Currently up +$374 , $5,374**
+
+**Yesterday's net equity: $5,332**
+
+I find that trading charts introduces too much subjectivity for my temperament. This uses charting concepts and math, but allows me to easily trade the system from a dashboard without needing to look at charts.
+
+It is a once daily re balance system. All the calculations are done in excel. It uses a fixed data connection via Thompson to download my price data at the close everyday. I will share my signals and thoughts on implementing this strategy in some level of transparency because I am also open to learning other's ideas related to this system.
+
+A little about me: I don't trade my account for a living but I've work in the investment profession my entire career, I like to tinker with some of my cash in systems that I think up, test, and systematize. I don't know computer programming languages (yes, I'm sure things could be more efficient) but I am pretty dope in Excel.
+
+The system controls & normalizes for risk by adjusting the bet size so less volatile pairs receive larger bets and more volatile pairs receive smaller bets. This is a formula from a well publicized and back tested white-paper on price momentum trend following systems, author works at AQR. This was the inspiration for this system build out.  [https://www.aqr.com/Insights/Research/Journal-Article/Time-Series-Momentum](https://www.aqr.com/Insights/Research/Journal-Article/Time-Series-Momentum)  I use this same volatility estimate calculation to run a Option Theta Selling system strategy I wrote too.
+
+This is what happens: Daily my system automatically pulls down price data for 22 currency pairs.
+
+These are run thru a \~1yr backtest on each 22 currency pairs using a EMA cross-over strategy. I have tested this to be profitable over multiple time periods and currencies.
+
+This step is important, an extra precaution, a trading signal will only be generated if the currency pair has generated >1000 pips in the past 1yr rolling-period. This system seems to do the best in chop. It actually under performs in strong-trending markets on the back-tests I looked at. This really surprised me as it wasn't my intent to bias the trading signal direction in one way or another. It seems that trading systems trend on different pairs just like price does. i.e. Growth > Value in the equity market.
+
+The dashboard reports the SHORT or BUY signal, and lets you know if the signal changed the PRIOR day. That way you know what you need to trade that day.
+
+The bet size is scaled to my 40% target % of equity (starting with $5,000). As mentioned, it then normalizes to make each pair's ex-ante volatility estimate equal.
+
+**LATEST SIGNALS - SEE DATE BELOW**
+
+**TRADE ONLY ON SIGNAL CHANGE DISPLAYED**
+
+**No changes since 5/12**
+
+https://preview.redd.it/lr15zf0hudy41.jpg?width=1308&format=pjpg&auto=webp&s=859f9498f62858fed6937d11189e2e4a8092f362
+
+A look at the back-test data from high up. It's a massive 19mb file.
+
+​
+
+https://preview.redd.it/fl7kftam96x41.jpg?width=1824&format=pjpg&auto=webp&s=7f7b300f95437d04dcb74bd5e58665631f4e3064
+
+Dashboard summarizing the cumulative pips generated from each pair over the past 300 days. Also this is where the unprofitable pairs running my system get filtered out if <1000 pips generated on the backtest.
+
+​
+
+https://preview.redd.it/is2qv9bq96x41.jpg?width=989&format=pjpg&auto=webp&s=d5616593e05f4ec25561f37e36393060c803695a
+
+This is the rolling \~300 day trailing cumulative pip back test from the CHF and JPY pair.
+
+​
+
+https://preview.redd.it/c7xl7of3a6x41.jpg?width=835&format=pjpg&auto=webp&s=45fb83144150c62d7f5e415b9da993becc0cb1a2
+
+​
+
+https://preview.redd.it/26dp9kw4a6x41.jpg?width=820&format=pjpg&auto=webp&s=975d9577fee40603513f03cc8db8f433d4290ccb
+Hello everyone, hope you are well. I am writing this because I think it may help people who have been in my position before, and this subreddit has been a great source of information and discussion for me the last 6 months in my learning process of forex. Although I do not think that this experience is in anyway unique or I made a breakthrough in trading psychology, I figured I might as well share my experiences. 
+
+As the title says, I just went about a week and a half without opening a single trade (swing trader, the pairs I watched were ranging on my timeframe). Sure, there were some setups I could have taken with a worse entry or R:R, I have tested different types of entries and riskier entries with my system. After learning how humbling forex markets are without an algorithmic system to enter and exit trades I promised myself over the last few weeks/months of backtesting I would only strictly follow entries and exits within my system that I have tested and am comfortable using. 
+
+Getting to the point, last evening I saw my setup happening on the EUR/NZD one hour and placed my orders. I woke up this morning with a take profit notification, instead of a stop order notification. More importantly however it was probably the LEAST STRESSFUL/UNCERTAIN/FOMO/EXCITED/ whatever trade I've ever had. I felt like a machine doing what I was told according to my strategy and system. I left profit on the table, but I followed my system.
+
+I hope this post does not come across as any sort of brag, I am in no way or claim to be a Forex pro and I would not even feel comfortable giving advice to others on this forum to an extent. All I know is that if I follow my system it will reduce stress and allow me to read charts clearer. 
+
+Cheers and have a great weekend everyone!
+Hello all, just some quick background info. Upper 20s in MCOL area. 2mm in liquid investments, house is fully paid off. My partner and I are in the 35% tax bracket. I just got offered to join my mega corps deferred comp plan. Before it is brought up I am not worried about credit risk at this company. What is everyone’s thoughts on me deferring enough income to drop us to the 24% tax bracket and start receiving the DC at age 45-50. From what I’ve read it seems like consensus is I am too young and too much uncertainty ahead to take advantage of the NQDC plan? Appreciate any insight or thoughts.
+I've recently started a sub-reddit at r/AusFoodPantry for Aussies to ask for/provide support for one another for issues relating to the current COVID pandemic. The primary purpose is to provide those in need with food and other essential items if they are unable to afford these due to loss of work/income. Please feel free to join the community and spread the word to others from Australia who may be in need or struggling. 
+
+Thank you in advance, love and peace to you all x
+Apes, this is a continuation of my Dollar Endgame Series. You can find Part 1 [here](https://www.reddit.com/r/Superstonk/comments/o4vzau/hyperinflation_is_coming_the_dollar_endgame_part/).
+
+**I am getting increasingly worried about the amount of warning signals that are flashing red for hyperinflation- I believe the process has already begun, as I will lay out in this paper.** The first stages of hyperinflation begin slowly, and as this is an exponential process, most people will not grasp the true extent of it until it is too late. I know I’m going to gloss over a lot of stuff going over this, sorry about this but I need to fit it all into four posts without giving everyone a 400 page treatise on macro-economics to read. Counter-DDs and opinions welcome. This is going to be a lot longer than a normal DD, but I promise the pay-off is worth it, knowing the history is key to understanding where we are today.
+
+**SERIES (Parts 1-4) TL/DR: We are at the end of a MASSIVE debt supercycle. This 80-100 year pattern** ***always*** **ends in one of two scenarios- default/restructuring (deflation a la Great Depression) or inflation (hyperinflation in severe cases (a la Weimar Republic). The United States has been abusing it’s privilege as the World Reserve Currency holder to enforce its political and economic hegemony onto the Third World, specifically by creating massive artificial demand for treasuries/US Dollars, allowing the US to borrow extraordinary amounts of money at extremely low rates for decades, creating a** [**Sword of Damocles**](https://idioms.thefreedictionary.com/a+sword+of+Damocles+hangs+over+head) **that hangs over the global financial system.**
+
+ **The massive debt loads have been transferred worldwide, and sovereigns are starting to call our bluff. Governments papered over the 2008 financial crisis with debt, but never fixed the underlying issues, ensuring that the crisis would return, but with greater ferocity next time. Systemic risk (from derivatives) within the US financial system has built up to the point that collapse is all but inevitable, and the Federal Reserve has demonstrated it will do whatever it takes to defend legacy finance (banks, broker/dealers, etc) and government solvency, even at the expense of everything else (The US Dollar).**
+
+# I’ll break this down into four parts. ALL of this is interconnected, so please read these in order:
+
+* [Part One: The Global Monetary System- “A New Rome” ](https://www.reddit.com/r/Superstonk/comments/o4vzau/hyperinflation_is_coming_the_dollar_endgame_part/)<
+* Part Two: Derivatives, Systemic Risk, & Nitroglycerin- “The Ouroboros” < (YOU ARE HERE)
+* [Part Three: Banks, Debt Cycles & Avalanches](https://www.reddit.com/r/Superstonk/comments/ogzoco/hyperinflation_is_coming_the_dollar_endgame_part/)\- “The Money Machine” <
+* Part Four: Financial Gravity & the Fed’s Dilemma- “At World’s End” <
+
+# Preface:
+
+Some Terms you need to know:
+
+[Derivatives](https://www.investopedia.com/terms/d/derivative.asp): A derivative is a financial [security](https://www.investopedia.com/terms/s/security.asp) with a value that is reliant upon or derived from, an **underlying** asset or group of assets—a benchmark. The derivative itself is a contract between two or more parties, and the derivative derives its price from fluctuations in the underlying asset. The most common underlying assets for derivatives are stocks, bonds, commodities, currencies, interest rates, and market indexes.
+
+[Normalized Curve Distribution](https://www.simplypsychology.org/normal-distribution.html) (Bell Curve): The normal distribution is a continuous probability distribution that is symmetrical on both sides of the mean, so the right side of the center is a mirror image of the left side. The area under the normal distribution curve represents probability and the total area under the curve sums to one. (We’ll go over this more in-depth later).
+
+[Value-At-Risk](https://www.investopedia.com/terms/v/var.asp) (VaR Distribution): Value at risk (VaR) is a statistic that measures and quantifies the level of financial risk within a firm, portfolio or position over a specific time frame. This metric is most commonly used by investment and commercial banks to determine the extent and occurrence ratio of potential losses in their institutional portfolios. Risk managers use VaR to measure and control the level of risk exposure.
+
+[Rehypothecation](https://www.investopedia.com/terms/r/rehypothecation.asp): Rehypothecation is a practice whereby banks and brokers use, for their own purposes, assets that have been posted as collateral by their clients. Clients who permit rehypothecation of their collateral may be compensated either through a lower cost of borrowing or a rebate on fees.
+
+[Exchange-Traded (Listed) Derivative](https://www.investopedia.com/terms/e/exchange-traded-derivative.asp): An exchange-traded derivative is merely a derivative contract that derives its value from an underlying asset that is listed on a trading exchange and guaranteed against [default](https://www.investopedia.com/terms/d/default2.asp) through a clearinghouse. Due to their presence on a trading exchange, ETDs differ from over-the-counter derivatives in terms of their standardized nature, higher [liquidity](https://www.investopedia.com/terms/l/liquidity.asp), and ability to be traded on the [secondary market](https://www.investopedia.com/terms/s/secondarymarket.asp).
+
+[Over the Counter Derivative](https://www.investopedia.com/ask/answers/052815/what-overthecounter-derivative.asp): An over the counter (OTC) derivative is a financial contract that does not trade on an asset exchange, and which can be tailored to each party's needs. Over the counter derivatives are instead private contracts that are negotiated between counterparties without going through an exchange or other type of formal intermediaries, although a broker may help arrange the trade.
+
+# Part Two: Derivatives, Systemic Risk, and Nitroglycerin- “The Ouroboros”
+
+[The Ouroboros](https://preview.redd.it/lscwu54x68771.png?width=626&format=png&auto=webp&s=f9b6ed88c18bc0d71ac368509af350f34644caa0)
+
+# Prologue:
+
+“The [Ouroboros](https://en.wikipedia.org/wiki/Ouroboros), a Greek word meaning “tail devourer”, is the ancient symbol of a snake consuming its own body in perfect symmetry. The imagery of the Ouroboros evokes the concept of the infinite nature of self-destructive feedback loops. The sign appears across cultures and is an important icon in the esoteric tradition of Alchemy. Egyptian mystics first derived the symbol from a real phenomenon in nature. In extreme heat a snake, unable to self-regulate its body temperature, will experience an out-of-control spike in its metabolism.
+
+**In a state of mania, the snake is unable to differentiate its own tail from its prey, and will attack itself, self-cannibalizing until it perishes. In nature and markets, when randomness self-organizes itself into too perfect symmetry, order becomes the source of chaos, and chaos feeds on itself.”-**
+
+([Artemis Capital Research Paper](https://artemiscm.docsend.com/view/2b34894bzsaqsbcx)\- extra credit reading, but warning, this is ADVANCED finance- you’ll pop a lot of wrinkles reading it)
+
+# Random Walks and Portfolio Insurance
+
+In financial markets, traders have long looked for mathematical relationships between and within assets, to aid in speculation and price prediction. As data aggregation improved, and information became more widely distributed in the 1930s and 1940s, Financial analysts quickly realized that the [stock market as a whole](https://klementoninvesting.substack.com/p/the-distribution-of-stock-market), as well as individual securities, followed [Bell Curve](https://www.simplypsychology.org/normal-distribution.html) Distributions, at least in most time periods.
+
+The performance of individual securities on a single day was essentially random, but their overall performance in a time period could be graphed, as seen below:
+
+​
+
+[Bell Curve Distribution fitted to Market Returns](https://preview.redd.it/pakm4imk28771.png?width=646&format=png&auto=webp&s=d9122a8c28e8a204bafeba369c958efdd042467c)
+
+This flowed logically from the concept of random events that [Brownian motion](http://web.mit.edu/8.334/www/grades/projects/projects17/OscarMickelin/brownian.html) described. In the mid- 1800s, scientist [Robert Brown](https://en.wikipedia.org/wiki/Brownian_motion) saw that particles in a fluid sub-domain bounced around randomly, with their individual movements being essentially unpredictable- these movements were completely random. Drawing on Brownian motion, mathematicians had created [Probability Theory](https://en.wikipedia.org/wiki/Probability_theory), which could estimate the given probability (not certainty) of a set of outcomes.
+
+As an analogy, predicting the result of an individual coin toss accurately every time is essentially impossible, but if you do it 100 times, Probability theory will tell you that you have a very high probability of 50 heads and 50 tails, or something close to it (45/55 or 53/47 for example).
+
+The likelihood of 95 heads and 5 tails, an extreme outlier, would be very close to 0. This is because there is a 50% probability of either heads or tails- and thus the distribution of 100 coin flips should roughly match this probability. This theory of randomness of prices as it applied to finance came to be known as the [Random Walk Theory](https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/what-is-the-random-walk-theory/)\- and predicted that prices were basically completely unpredictable.
+
+Understanding this concept, traders in the 1960s observed that the probability was great that returns on a single equity security would hover between some set performance range, like -10% and +10%. Rarely did the return hit the extreme ends of the curve.
+
+It didn’t matter what the time period was, 1 day, 1 month, or 1 year, the traders always had trouble reliably predicting a single future movement (like predicting heads/tails on a single coin toss), but could reliably say what the probability of variance over time (outcome of 100 coin tosses) would be, and map this mathematical distribution on a bell curve.
+
+These Bell Curve distributions, after being modified for applications in financial markets, came to be known as [Value At Risk](https://www.investopedia.com/terms/v/var.asp) (VaR) models. Over the course of the 1960s and 1970s, these [models](http://people.stern.nyu.edu/adamodar/pdfiles/papers/VAR.pdf) came to be [widely used](http://stat.wharton.upenn.edu/~steele/Courses/434/434Context/RiskManagement/VaRHistlory.pdf) in the asset management industry.
+
+Essentially what these VaR models could do was provide a statistical technique used to measure the amount of [potential loss](https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/value-at-risk-var/) that could happen in an investment portfolio over a specified period of time. Value at Risk gives the probability of losing more than a given amount in a given portfolio.
+
+[Value-at-Risk Model](https://preview.redd.it/mrqixcou38771.png?width=626&format=png&auto=webp&s=2c452ed7175c8bec851f2e4547e80df68ac31119)
+
+You can see from the above that these models have “skinny tails”, that is to say, they predict the likelihood of extreme events (standard deviation of 3 or more) happening as very low- especially on the downside (see above). Outlier events were thus coined “[tail risk](https://www.investopedia.com/terms/t/tailrisk.asp#:~:text=Tail%20risk%20is%20a%20form,shown%20by%20a%20normal%20distribution.)”, occurrences that only show up on the far tails of the distribution. Tail risk events were shown to be SO unlikely that the fund managers basically didn't hedge for them AT ALL.
+
+These models were built using the recorded historical prices of thousands of commodities, equities, and bonds. For earlier markets, they would even plug in estimates created by econometricians (i.e. Corn prices in 1430) to arrive at a large enough data set.
+
+With this data, asset managers could feel safe utilizing leverage and complex derivatives in risky investments, as these models told them that the likelihood of severe losses (-30% for example) in a single day was near-zero. (Fundamental rule of math is you CANNOTfor certain predict future outcomes based on past experiences- but they did it anyways...)
+
+At the same time, [Eugene Fama](https://en.wikipedia.org/wiki/Eugene_Fama), an American economist freshly minted with a PhD from the University of Chicago, developed his [Efficient Markets Hypothesis](https://www.investopedia.com/terms/e/efficientmarkethypothesis.asp) in early 1970. Drawing on the random walk theory, Fama posited that since stock movements were random, it was impossible to “beat the market”.
+
+Current market prices incorporated all available and future information, and thus buying undervalued stocks, or selling at inflated prices, was not feasible. [Making consistent profits was impossible](https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/efficient-markets-hypothesis/)\- if you made money, you just got “lucky” as the market randomly moved in your favor after you made the trade. The price, therefore, was always “right”.
+
+[Efficient Market Hypothesis](https://preview.redd.it/ktn8rya048771.png?width=646&format=png&auto=webp&s=5fc831830ca80cc77b339c94874abd26d5932283)
+
+This further emboldened investors and whetted their risk appetite. Armed with these two theories, they started making statistical algorithms that modeled the stock market, and loaded themselves up with more risk. Starting in the early 1980s, [portfolio insurance](https://www.investopedia.com/terms/p/portfolioinsurance.asp) started to gain traction within the industry. This “insurance” basically was an automated system that [short-sold S&P 500 Index futures](https://www.investopedia.com/ask/answers/042115/what-caused-black-monday-stock-market-crash-1987.asp) in case of a market decline.
+
+This concept was invented by [Hayne Leland](https://en.wikipedia.org/wiki/Hayne_Leland) and Mark Rubinstein, who started a business named Leland O’Brien Rubinstein Associates (LOR) in 1980, and was developed into a computer program commonly referred to by the same acronym. They were successful in marketing this product, and by the mid-1980s, hundreds of millions of dollars of Assets Under Management ([AUM](https://www.investopedia.com/terms/a/aum.asp)) from institutions ranging from investment banks to large mutual funds were protected by this new-fangled product.
+
+LOR was a program that [dynamically hedged](https://www.glynholton.com/notes/dynamic_hedging/), i.e. would observe market conditions, and understanding it’s own portfolio risk, would actively adjust in real time. Today, dynamic hedging is used by derivative dealers to hedge gamma or vega exposures. Because it involves adjusting a hedge as the underlier moves—often several times a day—it is “dynamic.”
+
+The founders of LOR touted it as a program that would actively work to protect a portfolio, a “fire and forget” approach that would allow portfolio managers and traders to focus on [alpha-generation](https://www.investopedia.com/terms/a/alpha.asp) rather than worrying about potential losses.
+
+Smoothbrain summary:
+
+* No one can accurately predict the future (ie the outcome of a single coin toss). But, you can predict the probable outcomes of a series of coin-tosses.
+* Using this theory of the probability of outcomes, you can build a bell curve of probabilities of returns. Adapting this to financial markets, it comes to be called the Value-At-Risk model.
+* This Value At Risk model tells you that the likelihood of a severe adverse event happening (large losses in a single day) is very low. Thus you feel safe leveraging your portfolio and buying derivatives.
+* The Efficient Markets Hypothesis tells you that it is near impossible to consistently beat the market. Prices are always “right” and already incorporate all known and knowable information, so fundamental (and technical) analysis is completely useless. Thus the best way to juice returns is to load up on leverage and derivatives.
+* Two experts in the fields of finance and economics create a new product called LOR, which was ‘portfolio insurance’ that promised to limit downside losses in case of a market collapse. Hundreds of institutions, banks, and hedge funds buy and implement LOR’s dynamic hedging into their portfolio. This program short-sold S&P 500 futures in the event of a market decline.
+
+​
+
+​
+
+# Black Monday- October 19, 1987
+
+Stock markets raced upward during the first half of 1987. By late August, the [DJIA](https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average) (Dow Jones) had gained 44 percent in a matter of seven months, stoking concerns of an asset bubble. In mid-October, a storm cloud of news reports undermined investor confidence and led to additional volatility in markets.
+
+The federal government disclosed a larger-than-expected trade deficit and the dollar fell in value. The markets began to unravel, foreshadowing the record losses that would develop a week later.
+
+Beginning on October 14, a number of markets began incurring large daily losses. On October 16, the rolling sell-offs coincided with an event known as “[triple witching](https://www.forex.com/en/market-analysis/latest-research/what-is-triple-witching/),” which describes the circumstances when monthly expirations of options and futures contracts occurred on the same day.
+
+By the end of the trading day on October 16, which was a Friday, the DJIA had lost 4.6 percent. The weekend trading break offered only a brief reprieve; Treasury Secretary James Baker on Saturday, October 17, publicly threatened to de-value the US dollar in order to narrow the nation’s widening trade deficit. Then the unthinkable happened.
+
+​
+
+[DJIA \(Tradingview\) - Historical Realized Volatility on the bottom scale](https://preview.redd.it/39kpennd48771.png?width=644&format=png&auto=webp&s=05033a945abf9b7cfd4f245e6b2502e048619f40)
+
+Even before US markets opened for trading on Monday morning, stock markets in and around Asia began plunging. Additional investors moved to liquidate positions, and the number of sell orders vastly outnumbered willing buyers near previous prices, creating a cascade in stock markets.
+
+In the most severe case, [New Zealand’s stock market fell 60 percent](https://www.nzherald.co.nz/indepth/business/1987-stock-market-crash/), and would take years to recover. Traders reported racing each other to the pits to sell. Author Scott Patterson describes the scene:
+
+[The Quants, pg 51](https://preview.redd.it/1wcf5o2o48771.png?width=430&format=png&auto=webp&s=cbd254a4bd9fd41753c282d73cb2916af5a5891e)
+
+Traders on the floor of the NYSE reported seeing ticker numbers spinning so fast that they were unreadable. Liquidity vanished completely from the market. Sell orders flooded in so fast the infrastructure to record them started malfunctioning.
+
+At one point, [specialists](https://www.thebalance.com/what-is-a-market-maker-and-how-do-they-make-money-4053753) (individual market makers, and at this time were people on the floor representing a firm) simply stopped picking up the phone, which was ringing with dozens of institutions begging them to sell.
+
+Dozens of stocks were frozen in time. Those that weren’t were hit with massive volume. At one point, Proctor and Gamble was trading for $0.03. It had ended trading the previous Friday at $6.09. Market makers were trading off the stock prices that were recorded an hour ago, since the infrastructure was so backed up. (Check out [this episode](https://open.spotify.com/episode/7cxASLFFUrWkJaMqpUY3pW?si=plwMAktBRhGggqLbwHx8UQ&dl_branch=1) of RealVision Podcast to learn more. In fact, just go subscribe to their show and start listening from the beginning, they have one of the best finance podcasts out there).
+
+In the United States, this collapse quickly came to be known as “[Black Monday](https://www.federalreserve.gov/pubs/feds/2007/200713/200713pap.pdf)”, with the DJIA [finishing down 508 points, or 22.6 percent](https://www.investopedia.com/terms/s/stock-market-crash-1987.asp). "There is so much psychological togetherness that seems to have worked both on the up side and on the down side,” Andrew Grove, Chief Executive of technology company Intel Corp., said in an interview. “It’s a little like a theater where someone yells 'Fire!’ (and everybody runs for the exit)”.
+
+“It felt really scary,” said Thomas Thrall, a senior professional at the Federal Reserve Bank of Chicago, who was then a trader at the Chicago Mercantile Exchange. “People started to understand the interconnectedness of markets around the globe.”
+
+For the first time, investors could watch on live television as a financial crisis spread market to market – in much the same way [viruses move through human populations and computer networks](https://www.wired.com/story/how-fast-does-a-virus-spread/). ([Source](https://www.federalreservehistory.org/essays/stock-market-crash-of-1987)).
+
+Black Monday represented a catastrophic rebuttal to the mathematicians and economists who created the Random Walk Theory and Value- At- Risk models. **These probability theorists had stated that events like this were improbable- so improbable in fact that their models predicted Black Monday was IMPOSSIBLE. Thus, no one in the market had hedged or expected an event as extreme as this.** In fact, some theoreticians started to doubt the validity of the previously iron-clad Efficient Market Hypothesis itself. Patterson continues:
+
+[The Quants, pg 53](https://preview.redd.it/egil7fww48771.png?width=380&format=png&auto=webp&s=6f5cf4b457207185aec4c4392e87bf118a8bbf90)
+
+Black Monday also represented a fascinating case study in the devastating effects of derivatives on financial markets. The Index Arbitrageurs, buying the S&P 500 futures being sold by portfolio insurance, had raced to short sell the underlying stock to stay net neutral. This was because by owning the S&P 500 futures, they effectively owned a small piece of every stock in the index. To [hedge](https://www.investopedia.com/trading/hedging-beginners-guide/#:~:text=Hedging%20is%20a%20risk%20management,as%20options%20and%20futures%20contracts.), they had to quickly short the underlying, so that any large loss in the index futures they owned would be offset by a gain on a short position in the individual stocks.
+
+However, the S&P 500 index itself was calculated based on the prices of the underlying securities. Thus, after Portfolio insurance sold the arbs' futures, the Index arbs short sold billions of dollars worth of stock, the S&P future market tanked, and LOR, seeing the massive volatility and downward pressure on the market, sold more and more futures, which caused the Arbs to short more and more stock. This was the unwelcome discovery of a vicious [positive feedback loop](https://biologydictionary.net/positive-feedback/), a “shadow risk” that existed beneath the surface of the market, unbeknownst to the investors who traded in it. **The Ouroboros had been awakened. These feedback loops, once initiated, continued until the underlying factors have been diminished or until the agents in the system are self-destroyed.**
+
+​
+
+[(The second half of this post is linked here)](https://www.reddit.com/r/Superstonk/comments/o72fc1/the_dollar_endgame_part_25_the_ouroboros/)
+I’m seeing a lot of garbage pop up right now trying to distract you all from the real issue. The real issue is whether or not you received the proper stock dividend. Those who wish to distract you would have you call your broker asking for silly things like if they bought you “real shares“ instead of asking the right question whether or not you received the proper stock split via dividend. All the rest of this crap is noise. Someone even attempted to remake my Seinfeld meme in a way that paints the picture that you should be complaining to the SEC… If you call your brokers, you should be asking one question. Whether or not you receive the proper stock split via dividend.
+FTX official Twitter released an update yesterday that some number of users who withdrew funds from FTX International on the 11th face having these funds taken back. It is not certain what group or number of users are affected. The funds are being returned to FTX, to be accessible and adjudicated upon by bankruptcy courts. As it is the entire FTX group including FTX US that filed for bankruptcy, it is unclear why FTX has not stated that this also affects FTX US withdrawals.
+
+​
+
+https://preview.redd.it/7y9xqmle1a1a1.png?width=599&format=png&auto=webp&s=151bfd8c373e51080efb626a45d6cac3ff4e7f7a
+
+This most likely refers to Bahamian funds on the platform where SBF and FTX both (in separate similar tweets) claim that Bahamian regulators mandated FTX International to permit withdrawals by Bahamian citizens, a claim strongly later denied by the regulators.
+
+​
+
+https://preview.redd.it/93v9z21t1a1a1.png?width=574&format=png&auto=webp&s=72b67fb8a4f367294b59bb3f03dc7ed43b1709bb
+
+FTX and SBF also agreed to a credit facility with Justin Sun and his DAO Tron to permit withdrawals but only using Sun-owned token BTT,  TRX, SUN, JST, and HT. This credit facility was instituted 10th Nov such that FTX may also be referring to funds transferred out through this facility on the 11th as well, as any assets left on the platform at bankruptcy time would have already been declared through courts.
+
+Lastly, very confusingly, Bahamas regulators have acknowledged seizing assets from FTX. However it is also very unclear whether this seizure refers to the entire sum of missing funds of FTX assets or just some portion of it. The tweet may *also* be referring to the 'stolen' sum of money that represents the balance of what regulators did not seize. These funds however are only reclaimable if the hacker(s) made a rookie move and utilized centralized exchanges.
+I have a 30k account and I’m done with wsb yolo days. My heart can’t take it anymore. I would like to hear your thoughts: BA seems to be offering the “best” credit for CSP at 0.2 delta. It’s currently at around 130ish and is offering nearly same premium from that of $APPL (same delta). Am I missing something here? Doing the wheel on $BA seems like a no brainer at this moment due to the premium. Another choice I had was $DIS. Much smaller premium compared to BA but a much more solid company. Feedback and other stock suggestions are welcome.
+Before the weekend I made [this](https://www.reddit.com/r/thetagang/comments/lj2257/update_on_gme_wheel_where_premiums_are_still_phat/) update on my recent Gamestop wheel. This morning I managed to collect some decent premium. I was assigned my 400 shares of GME at $60 which I am very happy about. My cost basis on these shares is $50.42 which is right about where it's trading at as I'm typing this.
+
+I want to keep some shares so I only sold 2 calls exp 2/19 strike $60. Each sold for $2.51 so I collected just a hair over $500 in premiums.
+
+I'm also willing to increase my position from here as the price drops, so I also sold 2 puts exp 2/19 strike $50. These sold for $3.25 each, yielding $650 in premium.
+
+If GME trades sideways this week, all the premium is mine. If it goes down, I buy more, If it goes up, I sell out half of my current position.
+
+This is an absolute win in my book.
+
+Total premium collected on GME since I started 2/5: $6481.22
+
+Total collateral has been upped to $34,000 with the new 10k at risk with the puts sold today.
+
+\*disclaimer if you're new: This is a very high risk wheel. GME is still very much in meme stock territory, and while premiums are high, there is a reason for that. An expectation of high volatility. That doesn't mean it will be highly volatile, but let's be honest, this rollercoaster ride ain't over yet.\*
+
+P.S. Some of you may shit on my accounting method because \*technically I used the premium to buy the shares at the high assigned strike!\* well, not in by book, because I'm not selling the shares below my assignment strike price. $60 or nothing for my current shares, take it or leave it. I won't miss the capital so I'm not selling at a loss when I fundamentally value the company far above its current market cap.
+Which theta (or vega) strategy generated the most money for you per trade (eg. assuming you performed an equivalent number of trades of each strategy)?
+
+Theta strategies such as spreads, PMCC, cash secured puts, naked calls, short straddles/strangles, diagonals, calendars, shorting IV on earnings/events, etc.
+
+Ignore capital efficiency, I am just wondering about the absolute dollar amount.
+Been trading for about a year and overall I’m up ~15k on a 40k account. I would consider it a hard earned profit, all theta gang. I fell into a stupid trap today. If anybody that uses robinhood understands this please chime in.  It doesn’t get any dumber than this but greed took over. I simply glanced at the daily movers category and happened to see BTX on fire and up by, at that time, 110% on the day. I took 10k and tossed it in hoping to ride up an easy gain. It almost immediately turned against me and I watch it fall until I lost about 800$ and it never recovered. I get it can happen to anyone and it’s not the end of the world, but gawd damn I feel like punching myself in the head for being so dumb. This was FOMO. Anybody ever had this happen to them? If so, any advice?
+This is a follow-up to a recent post from /u/firefirefire2016/ about how the path to financial independence [gave him the power to quit his job](https://www.reddit.com/r/financialindependence/comments/4bti89/the_fire_path_gives_you_freedom_long_before_you/) -- *long* before he was ready to retire. In that thread, I mentioned the idea that financial independence isn't a single fixed point or event. It's a series of stages. This post explains that concept further.
+
+As most of you know, there are a lot of misconceptions about financial independence and early retirement. People think you must be "rich" or have a high income if you're able to quit your job before age 50 (or 40 or 30). And sure, having a high income helps. But the key skill, of course, is the ability to obtain a high saving rate, which I like to call "profit margin". (I find it useful to re-frame personal finance ideas in terms of business ideas. People like to argue that it's impossible to save half your income, but they don't get nearly so defensive about the idea you should have a 50% profit margin -- even though it's the *same exact thing*. Go figure.)
+
+When I first started learning about smart money management, I thought that financial independence meant just one thing: Having enough cash saved that I'd never have to work again. After a few years of reading and writing about money full time, I came to realize this over-simplified things. Financial independence actually exists along a continuum. It's not all-or-nothing, but a series of incremental advancements. It's a process.
+
+**Each stop along the road to financial freedom grants you greater autonomy and self-expression, and these are qualities that contribute to happiness.**
+
+In early 2009, I wrote an article positing that there were three stages of personal finance. A few months later, I wrote a *series* of articles expanding that to five stages. Recently, after listening to [an episode of Radical Personal Finance](http://radicalpersonalfinance.com/174-the-stages-of-financial-independence-a-useful-roadmap-to-help-you-navigate-from-from-broke-to-financial-freedom/), I changed my model again. Today my roadmap contains six (seven, really) stages along the road to financial freedom.
+
+The first stage (the "zeroeth stage") is actually a *lack* of financial independence. Stages 1-3 are what I call the "surviving" stages. Most of your work in these stages involves day-to-day household operations. You're building a foundation for greater financial freedom in the future. Stages 4-6 are the "thriving" stages. It's here that you have enough money to make choices that support higher purposes, whatever that means to you.
+
+Let's look at each of these stages in turn. (And please note: I realize these divisions are somewhat arbitrary. *You* might choose to divide things differently. I welcome your feedback on how to improve this model.)
+
+**Stage 0 - Dependence**
+*In this stage, your lifestyle depends on others for financial support.* We *all* start here. We're born this way. How long it takes to break free varies from person to person. You're in this stage if you rely on financial support from your parents. You're in this stage if you spend more than you earn (if you're digging deeper into debt). Basically, if you're not earning a "profit", you are dependent on somebody else. You are *not* financially independent.
+
+After you start earning a profit -- and again, this means you're earning more than you're spending -- you start down the road to financial freedom. Up first are the three stages of "surviving".
+
+**Stage 1 - Solvency**
+*Solvency is the ability to meet your financial commitments.* You reach this stage after you no longer rely on anyone for financial support. This means your income is greater than your expenses (you're earning a profit) and you're no longer accumulating debt. (You might still have loads of loan payments, but you're not adding anything new to the stack.) Some people reach this stage in their teens. Some *never* reach it. I'm ashamed to admit it took me 35 years to get there. (I just turned 47 yesterday, as a frame of reference.)
+
+**Stage 2 - Stability**
+*You achieve stability after you've repaid your consumer debt, established some emergency savings, and continue to earn a personal profit.* (This is roughly the same place as [Dave Ramsey's third "baby step"](https://www.daveramsey.com/baby-steps/3).) It's possible that you still have some "good debt" -- college loans, a mortgage -- but you've paid off everything else and you've built a buffer of savings to protect you from unfortunate events. (One reader suggested this stage should be called "resilience" because you're able to cope with unexpected events and return to your original state. I like this.) I reached Stability at age 38 when I made the final payment on my consumer debt.
+
+**Stage 3 - Agency**
+*At this stage of financial independence, you have the ability to live and work as you choose.* You've eliminated *all* debt (including student loans and mortgages) -- or you could do so if you wanted. (I know first-hand that there are times you might choose to take out a mortgage even if you could buy a home with cash.) You have enough saved that you could quit your job at a moment's notice without hesitation. I reached this stage when I was 39.
+
+It the final three stages on the road to financial freedom, your concerns move from surviving to thriving. Money is no longer a safety net. Now it's a tool to help you build the life you want for you and your family. Truthfully, that's all money *ever* is -- a tool to help you pursue meaning -- but most people don't understand they should use it that way. **Knowing what gives you meaning and purpose is a vital part of financial freedom.** I strongly believe it should be the starting point on this journey.
+
+**Stage 4 - Security**
+*You reach the Security stage when your investment income can cover your BASIC needs.* That is, based on how much you have saved and invested, you could live a meager existence for the rest of your life without worrying about money. Even if you never worked again, you could afford simple housing, basic food, essential clothing, and health care. I used to joke, for instance, that I had enough saved that I could live in a trailer park and eat TV dinners for the rest of my life without having to work again. That's the Security stage.
+
+(For our purposes here, let's use a simple metric. When I say "investment income", let's just divide your total net worth -- what you own minus what you owe -- by 25. That number is *very roughly* how much you could draw down each year indefinitely. This isn't exactly right, but it's close enough for the point I'm trying to make. So, if you have $100,000 in saved and invested, we're going to assume you could take $4000 per year for the rest of your life. If this bugs you, substitute a ratio that makes you feel more comfortable.)
+
+**Stage 5 - Independence**
+This is the Financial Independence we all know and love: *Your investment income can support your current standard of living.* The money you have saved and invested would allow you to live like you do today...until the day you die. It covers the basics *and* creature comforts. In the words of Joe Dominguez and Vicki Robin, you have Enough. I jumped to this stage just after my 40th birthday. I'm still in it today.
+
+Note that Independence means different things to different people. For Jacob at Early Retirement Extreme, Independence means his savings will support a $12,000 per year lifestyle. For Pete at Mr. Money Mustache, it means $24,000 per year. For me, it means $36,000 per year (more when I'm traveling the U.S. in an RV -- *ugh*). For Jim Wang, it means $120,000 per year! Each of us has to decide what lifestyle matches our meaning and purpose...
+
+**Stage 6 - Abundance**
+*In the final stage of financial freedom, you have "Enough -- and then some"* (again, this is how Dominguez and Robin describe it). Your passive income from all sources won't just fund your lifestyle forever, but it grants you the freedom to do anything you choose: indulge in luxury, build a business empire, establish a charitable foundation, explore the world, build a space program to rival NASA.
+
+Here's the bottom line: **The more money you save, the more freedom you have, and the more risks you can take.** As your financial independence increases, you chip away at the wall of worry. You're able to make decisions proactively rather than reactively.
+
+I think this roadmap is useful because it makes the concepts of financial independence more achievable for a *lot* of people. When I talk to the average person about retiring early by saving half her income, her eyes glaze over. She thinks, "No fucking way I could ever do that." It's too great of a leap from her current existence.
+
+But if I re-frame things to talk about financial independence as a process, as a series of steps, then things suddenly seem more achievable. Maybe she can't save half of her income now, but she could save five percent. Or ten percent. And with that profit, she could work to move from Solvency to Stability. *That* is an achievable goal that builds financial confidence. And once she's accomplished that, she can work on boosting her profit margin to 15% or 20% so that she can pursue Agency.
+
+Regular readers of [/r/financialindependence/](https://www.reddit.com/r/financialindependence/) are like the pro athletes of the personal-finance world. We're all about high saving rates and investment policy statements and safe-withdrawal rates. I think it's in our best interest -- in the best interest of *everyone*, really -- to get more people "playing the game". The more folks we can get on the road to financial freedom, the better we all are.
+
+There you go. A huge wall of text on an esoteric concept of little use to most people. But I think the folks around here might find it fun. I'm curious to hear what you all think. Would you split these stages differently? Would you add stages? Remove stages? What have I missed?
+So if Cap Gains go up and the tax starts in 2022 (not retroactive).  What asset classes do people think will be impacted.  Real Estate, Stocks, Crypto etc.
+
+I assume some people will sell to avoid the higher 2022 rates.  But when they sell there is a good chance capital will be reinvested.  So with reallocation it seems possible some asset classes could benefit.
+
+Off the cuff I would think that assets that have seen decent appreciation will be sold off since there are more cap gains located in those.
+
+Also why its relevant to fatfire.  People that are fatfire are more likely to impacted by the newer cap gains (they only impact income over 1 million).  And so not only do FATfire people need to think about selling assets (to avoid high cap gains).  But thinkabout what everyone else is going to do impacts when and if to sell.
+
+Also I know some people think they just need to wait 4  or 8 years for rates to be lower.  First off not everyone thinks this.  So even if you do it doesn't mean other people won't sell.
+
+And additionally, a party would generally need control of all 3 (Pres, House, Senate) to lower rates.  And historically, when max cap gain rates went up in the 1930s/1940s then didn't go back down to a comparable level until early 2000s.
+
+Also I know some people don't think someone should think about things that have not happened.  But in my view many business/investing decisions are based on trying to weigh the percentage chance of different future outcomes.
+​
+
+https://preview.redd.it/qloptvd5t2671.png?width=1426&format=png&auto=webp&s=454fe0f79999069749c516ed8717e94e1866642e
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Today's Recap 📈
+
+# $GME Closing Price: $213.82
+
+​
+
+Open Price: $220.18
+
+Daily High: $223.49
+
+Daily Low: $213.00
+
+Volume: 4.28 MM
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🖍🍎🚌GME 101🚌🍎🖍
+
+​
+
+*If you're new to Superstonk, start here!*
+
+​
+
+[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
+
+[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
+
+**NEW!!** We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
+
+The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Superstonk Community Award Contest!- Deadline Sunday!
+
+**text and awesome artwork by** [u/redchessqueen99](https://www.reddit.com/u/redchessqueen99/)
+
+​
+
+https://preview.redd.it/n0hga459t2671.png?width=1000&format=png&auto=webp&s=9b7e95759f9e931cb541e65e84aefe9426a10811
+
+# What are Community Awards?
+
+Regular "awards" are purchased with **Coins**, a mechanism of Reddit that ultimately requires real money to purchase packs of coins that can then be spent on awards for posts and comments. [r/Superstonk](https://www.reddit.com/r/Superstonk/) does not receive any money when they are purchased, but it does receive Coins when users gift Community Awards.
+
+>Community Awards are unique to each community, and members can give them to each other. Moderators can design and name the Awards however they want.A portion of Coins from Community Award purchases will be deposited to the community’s Coin balance. Moderators can use Coins from that balance to reward members with Mod Awards. The Coin balance is shown only to moderators in the community’s sidebar.
+
+Moderators do NOT have access to the [r/Superstonk](https://www.reddit.com/r/Superstonk/) coin bank other than to give Community Awards on this sub to quality posts and comments. Moderators do NOT receive any coins personally, and only certain mods with permissions can access the coin bank for this purpose.
+
+**Community Award:** Any user can gift this award for an amount of Coins (min. 500) to a post or comment. Each of these awards will also gift Coins to [r/Superstonk](https://www.reddit.com/r/Superstonk/) itself, allowing mods to give mod-exclusive awards. For example, a 500 Coin Community Award also gives the subreddit 100 Coins.
+
+**Mod-Exclusive Community Award:** These awards are purchased using the Coins available only to mods from the [r/Superstonk](https://www.reddit.com/r/Superstonk/) Coin bank, and give a certain amount of Reddit Premium to the recipient. For example, a 1800 Coin Mod-Exclusive Community Award will grant one month of Reddit Premium.
+
+*Reddit Premium gives 700 monthly coins, access to Premium Awards, and more. Learn about it here:* [*https://www.reddit.com/premium*](https://www.reddit.com/premium)
+
+Currently, we have two Community Awards: the **Superstonk Award** (500 Coins, giftable by members), and the **Not-A-Cat Golden Bananya Award** (1800 Coins, giftable by mods only).
+
+​
+
+[ Ape Not Fight Ape, unless for top prize! ](https://preview.redd.it/qu1bovcbt2671.png?width=1000&format=png&auto=webp&s=90e30b0607a2d5dc049ec2783446ef5ca5f92743)
+
+# Award Contest
+
+We ask you, [r/Superstonk](https://www.reddit.com/r/Superstonk/) members and lurkers, to use your best design skills to create award icons that we can then place into the Community Awards. You will need to think of a great name, too, but note we must keep it (mostly) family friendly. We are limiting to one design/name per submission, so make it good!
+
+**The top eight designs will be made into the following awards:**
+
+* **5th-8th:** Community Award (cost: 500 Coins, 100 to [r/Superstonk](https://www.reddit.com/r/Superstonk/))
+* **4th:** Community Award (cost: 1000 Coins, 200 to [r/Superstonk](https://www.reddit.com/r/Superstonk/))
+* **3rd:** Community Award (cost: 2000 Coins, 400 to [r/Superstonk](https://www.reddit.com/r/Superstonk/))
+* **2nd:** Mod-Exclusive Award for 1-month Premium (mod cost: 1800 Coins)
+* **1st:** Mod-Exclusive Award for 3-month Premium (mod cost: 5400 Coins)
+
+Additionally, **1st and 2nd place will receive FOUR of the new 3-month Premium mod-exclusive awards** on their top posts and/or comments, **3rd and 4th place will receive ONE of the new 3-month Premium mod-exclusive award**, and **5th, 6th, 7th, and 8th place will each receive ONE of the new 1-month Premium mod-exclusive award**. This will effectively win you Coins and Premium membership, as well as serious clout from designing an official sub award.
+
+To submit, please follow the guidelines below.
+
+​
+
+[Welcome to the Jungle](https://preview.redd.it/cuqvmaset2671.png?width=1000&format=png&auto=webp&s=9bd18819a16ccebcd1e0b23d3e98bf60a96bf8f9)
+
+Submissions must adhere to the following:
+
+* Image file attached to email with these attributes:
+   * **Design Image**: PNG with alpha layer (or) animated GIF with alpha layer
+      * If a gif, we cannot guarantee it will work in our bracket system (will try)
+   * Must be square crop (1:1 ratio)
+   * Width and height should be equal, and at least 512px
+   * File size limited to 2MB
+* **Name of Award** (Appropriate Titles Only; otherwise we will change it)
+* **Username of Artist** (must have history on [r/Superstonk](https://www.reddit.com/r/Superstonk/) without Ban)
+* One submission per user
+* Rules must be followed; NSFW or improper designs/titles will be disqualified
+* **Designs must be original content**, or created by submitter; no copying from Google Images or stealing others' work
+* (optional) **Include a hyperlink to the image** as backup (i.e. Imgur)
+
+# PLEASE FOLLOW THESE 👆 REQUIREMENTS OR YOUR SUBMISSION WILL BE REJECTED.💎 Send submissions to [superstonk\_mods@protonmail.com](mailto:superstonk_mods@protonmail.com)
+
+*We will not accept awards tagged in posts, sent by Message or Chat, or over Discord. We encourage you to* ***create a separate email*** *if you want to remain anonymous, but we will not release any details regarding the submissions process, other than the username provided during submission.*
+
+# 💎 DEADLINE - Sunday, June 20 @ 4:00 p.m. EST or 120 total submissions received
+
+Timezone Deadlines: 1:00 p.m. PST / 2:00 p.m. CST / 4:00 p.m. EST / 10:00 p.m. UTC / 6:00 a.m. AEST
+
+We reserve the right to deny any images that do not meet these requirements. The contest will remain open until we receive 120 entries or until the deadline; whichever comes first. If you are late with submission, or if the contest closes due to the limit, you will sadly not be included. The early ape gets the banana!
+
+*By submitting your design to this contest, you are agreed to allow the subreddit* [r/Superstonk](https://www.reddit.com/r/Superstonk/) *to use it for a Community Award image, without end date, and the design will remain a part of* [r/Superstonk](https://www.reddit.com/r/Superstonk/) *in this context indefinitely. The subreddit will not claim any copyright over the designs submitted, or use them for any other purpose.*
+
+​
+
+https://preview.redd.it/r2f6tiuit2671.png?width=1000&format=png&auto=webp&s=a28682a618bff44ab6e01914ec3e291b4cda5459
+
+# TLDR: Make some awesome designs and send them in. The first 120 submissions will be included in the contest, if submitted by the deadline, and the top eight will win mod-exclusive awards (Reddit Premium) and have their designs featured as official [r/Superstonk](https://www.reddit.com/r/Superstonk/) awards.Thank you again for participating in the contest and good luck, apes!
+
+​
+
+back to [u/pinkcatsonacid](https://www.reddit.com/u/pinkcatsonacid/) 🐈🦄
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Community Spotlight- DD Reads for the Weekend
+
+* [The naked shorting scam in numbers part deux: Up to date FTD, ETF, SI, Options & Dark Pool Data. GME is the shorted to shit unicorn that can never happen again.](https://www.reddit.com/r/Superstonk/comments/o14ccz/the_naked_shorting_scam_in_numbers_part_deux_up/) By u/Broccaaa
+* [The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.](https://www.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/?utm_source=share&utm_medium=web2x&context=3) By u/Criand
+* [Clarification of when GameStop will issue a press release stating the ATM Offering is complete, sale price max, maximum offering, update on outstanding shares, the reason why MarketWatch and Ortex differ, and other Form 424B5 goodies with highlighted pictures!](https://www.reddit.com/r/Superstonk/comments/nxkuvw/clarification_of_when_gamestop_will_issue_a_press/) By [u/Squashua1982](https://www.reddit.com/user/Squashua1982/)
+* [What's the Deal with Reverse Repos anyway? DD Part 1.2 Post Fed Meeting Update](https://www.reddit.com/r/Superstonk/comments/o28xhx/whats_the_deal_with_reverse_repos_anyway_dd_part/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) By  [u/memebetch6969](https://www.reddit.com/user/memebetch6969/)
+* [Watch the Documentary Inside Job](https://youtu.be/XBZfsb7OO_k) (link is to trailer.. I don't want to spam any pirate links. Apes will find a way!)
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# RRPs Breaking Records, Banks Going Long on $ROPE, the Feds Printing Money and Kicking Cans... Quad Witching Day (triggered)
+
+​
+
+https://preview.redd.it/r54sb1mkv2671.jpg?width=770&format=pjpg&auto=webp&s=c4fe9adf8f8e30afed6e6663cd4133a0e14cd870
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# It's Flair Friday, but Everyday is Kinda Flair Friday...
+
+I started doing the Flair Friday thing with the daily posts back when I was filling in for the morning update and it was a fun way to connect with you guys since I don't get to hang out in the comments of my memes with you any more. It has grown to now becoming one of the most popular aspects of the Jungle Beat posts, which I love! I really enjoy coming up with mayonnaise-laden puns and emoji scrambles for each one of you, though I don't think I've ever gotten to the end of the comments list, even when I lock them. I do try to work on them in spare time but what is spare time anymore....
+
+​
+
+Please don't be discouraged or think I'm ignoring you if you have repeatedly asked and yet to receive your flair! I have been getting flair comments every day this week which I don't mind, as long as you all understand that I will get to as many as I can!! I love you all and don't want anyone to feel left out or overlooked! I WILL GET TO YOU I PROMISE, EACH ONE OF YOU IS AWESOME AND DESERVES A CUSTOM FLAIR!! 💖💖💖
+
+​
+
+Drop a comment with your desired flair!
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# A note from your friendly local Pink Cat ✌💖🐈
+
+​
+
+It's been a wild few weeks.. or, months.. (years? What decade is it?) This has been a crazy journey and I want to take a minute to check in with the group. Everybody has been go-go-going.
+
+The media is everywhere (**MSM** for those wondering wtf that acronym means- **M**ain **S**tream **M**edia) and it seems that they are trying to paint a picture of collusion on the $GME stock and others (which they deem "meme" stocks which at this point is borderline weaponized against us but I digress) and I know there is a general air of concern around the entire community. I'm just reassuring you guys. This gal right here and the whole mod team, are making sure to keep the sub a very tightly run ship. No fuck-ups allowed. The hedgies and their bought MSM platforms are trying, desperately, to gain access to the fortress of our City of Athens, and the walls remain steadfast. This will not change for the foreseeable future.
+
+​
+
+I want everyone to seriously take a mental health break from all this whenever you can. 
+
+​
+
+[me @ me rn](https://preview.redd.it/556n4iyf23671.jpg?width=250&format=pjpg&auto=webp&s=dae16d0caf1068f5f8447c1c2b35e4d0cc37b196)
+
+​
+
+Drink plenty of water. Go for a walk. Go call an old friend, or your mom. Kiss your kids forehead and read them a book. Cook dinner with your spouse, meet up with online friends for a game, go for a drive.... just get your headspace out of Superstonk every once in a while and remember to take care of yourself physically and mentally. They don't call it a Long position for nothing ;)
+
+​
+
+I want to thank all of you apes for continuing to be awesome and excellent to each other and growing this community into the beautiful space it is today. You all deserve this seat here. I'm honored to be on this rocket ship with you all. 💖
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# We Like the Company! We Support the Company!
+
+​
+
+Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
+
+* [**Shop at Gamestop.com**](https://www.gamestop.com/) **🛒**
+* [**Become a PowerUp Rewards Member**](https://www.gamestop.com/poweruprewards/) **✊**
+* [**... Which gets you a subscription to Game Informer Magazine**](https://www.gameinformer.com/) **🚀**
+* [**Follow Gamestop on Twitter**](https://twitter.com/GameStop) **🦍**
+* [**Subscribe to Gamestop's YouTube Channel**](https://www.youtube.com/user/gamestopvideo) **🖍**
+* [**Follow Gamestop on Twitch**](https://www.twitch.tv/gamestop) **🎮**
+* [**Follow Gamestop on Instagram**](https://www.instagram.com/gamestop/?hl=en) **🌙**
+* [**Follow Gamestop on LinkedIn**](https://www.linkedin.com/company/gamestop) **💼**
+* [**Follow Gamestop on Facebook**](https://www.facebook.com/GameStop) **🦧**
+* [**Apple Devices- Download the Gamestop App**](https://apps.apple.com/us/app/gamestop/id406033647) **(Link to App Store) 🍌**
+* [**Android Devices- Download the Gamestop App**](https://play.google.com/store/apps/details?id=com.gamestop.powerup) **(Link to Play Shop) 📈**
+* **Brands owned by Gamestop; ThinkGeek, GameInformer,** [**MicroMania**](https://www.micromania.fr/)**, and** [**EB Games**](https://www.ebgames.ca/) **💎**
+
+Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🚨 Reddit down 🚨
+
+# With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
+
+**IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.**
+
+[https://twitter.com/ByeTriangle](https://twitter.com/ByeTriangle)
+
+[https://twitter.com/PinkCatsOnAcid](https://twitter.com/PinkCatsOnAcid)
+
+[https://twitter.com/RedChessQueen99](https://twitter.com/RedChessQueen99)
+
+[https://twitter.com/rensole](https://twitter.com/rensole)
+
+[https://twitter.com/u\_sharkbaitlol](https://twitter.com/u_sharkbaitlol)
+
+[https://twitter.com/BradduckF](https://twitter.com/BradduckF)
+
+**IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:**
+
+[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***OOK OOK***
+
+***"I may have been early, but I am not wrong"***
+
+​
+
+https://preview.redd.it/o965ziqj13671.png?width=1600&format=png&auto=webp&s=e02d29f133802a4f7d15a814b2e8f400ddafee19
+Hi all,
+
+Quick context: My family is not yet FIREd (I'm self-employed and semi-retired and my partner is still working full time for at least a few more years). We have one child and more on the way and just hired our first combo nanny/family assistant.
+
+Our wealth is self-made and neither of us grew up in the sorts of homes that had staff (maybe a few hours of week of a mother's helper for a SAHM at most). We knew we wanted a nanny to enable us to work (and some recent research we've read really turned us off daycare). However many weeks we wouldn't want to utilize them a full 40 hours because of how flexible my job is -- I'll regularly take the kiddo for 0-4 hours a day, and during that time want our nanny to run errands, clean up the house, do laundry, etc.
+
+**The good**: Our new nanny is amazing, and I \*highly\* recommend this joint nanny/family assistant approach if you have any childcare needs, whether or not you're retired. We have been \*so\* much less stressed since she started.
+
+(Side note: It's really hard to increase scope of an existing nanny and many do not want to do things like food prep for the family or the family's laundry. Since we hired ours to do family assistant tasks from the get-go, expectations were set in advance and it's much more organic to have her work on that stuff. I would recommend that approach.)
+
+**The bad**: I am feeling super awkward about having her in the home when we're there. When she has the child my partner and I are both really good about staying out of her space so he doesn't get sad he can't see us. When I have the child, though, she will regularly engage with him when she passes by or when he goes to find her. Then suddenly I'm hanging out with my child and another adult instead of just us two and it's super socially awkward.
+
+I also am feeling super awkward about asking her to do things. So far I'm making my partner do all of the task delegation. I have so many things I'd like her to do that she hasn't yet done (vacuuming the house regularly, replacing our tires, baby-proofing our child's bedroom — EDIT: by replacing our tires I meant making an appointment at a shop and bringing the car in to have this done, standard assistant project) but I feel guilty doing so for some reason, even though it's exactly why we hired her.
+
+As our family grows we anticipate having more staff around the house (eventually up to and including a full-time housekeeper and 2 nannies). This is us dipping our toe in the water to see how things go.
+
+For those of you who've done this before or grew up in this environment, what advice do you have for still feeling comfortable in your own home? And for minimizing the psychological and logistical overhead of having such an employee?
+
+EDIT: A couple folks have asked what research convinced us to do a nanny instead of daycare -- see https://criticalscience.medium.com/on-the-science-of-daycare-4d1ab4c2efb4
+​
+
+[Brokers seemlessly pass out shares via a dividend](https://preview.redd.it/y11fakg2k6d91.png?width=621&format=png&auto=webp&s=ae68c34c89b4343e32bd91764c96580f746ab42c)
+
+and now we KNOW the real reason this was provided as a dividend and not a stock split. Since all the brokers were able to provide additional shares then it stands to reason that it should be no problem to provide the NFT dividend via the same channels. 
+
+EXCEPT we all know that major fuckery just happened to create an illusion that shares were given. 
+
+This was a world-class trap created by Ryan. I suspect we get our NFT dividend after the next earnings report. The clock is ticking to DRS all of your shares.
+I’m a 27 year old single male. I have zero debt across the board with a paid off 2013 Corolla with 115k on it. I currently make about 2k a month with working both doordash and McDonald’s part time. I live in a quiet 1 bedroom apartment paying 685 in rent (including utilities). I currently have 5k in savings that I don’t touch with no retirement plan currently. 
+
+Do you guys think I’m going about my life financially responsible? Will living this way catch up to me when I’m older? After working many different types of jobs I’m at a place now where I want to just settle for something easy that doesn’t follow me home. Being a crew member at Mcds and the independence of delivering with doordash allows me to do just that while also giving me a lot of time on the side to focus on my hobby as a songwriter/musician. 
+
+Any guidance or advice would be great, basically I’m just wanting to know if this way of life is sustainable in the long run.
+Guten Morgen to this global band of Apes! 👋🦍
+
+Friday's price action following Thursday's announcement of the proposed stock dividend was the most egregious display of price manipulation by the short hedge funds in quite a long time. Market-wide, such announcements tend to lead to significant upward price movement, such as we saw with the price at open. There is no reason that it should have been any different for GME - those who hold shares were excited by the announcement, and those who are short shares should have every reason to exit their short position ASAP.
+
+However, it also happened to be a date with quite a large number of weekly Call options that were unexpectedly thrust ITM by the price spike, which seems to have forced the SHFs to attack the price down instead of worry about the dividend. While I appreciated the temporary excitement at the boost, I'm far more excited that the SHFs are in such a tough spot right now that that had to extend themselves even further to suppress options instead of scrambling to be the first to close short positions.
+
+It confirms that they are well aware that they will not survive closing their short positions, which means that they also cannot survive a share dividend. The time bomb has been set, and it is likely that enough Apes have DRSed their shares to ensure a Yes vote to set the date it will detonate. There is going to be an incredible amount of FUD and manipulation between now and then, and our best defense will be HODLing shares in our own names at ComputerShare. Our Diamantenhände have the strength to see this through.
+
+Today is Monday, April 4th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$164.18 / 148,56 €**  *(volume: 5314)*
+- 🟥 115 minutes in: $163.80 / 148,20 €  *(volume: 5262)*
+- 🟩 110 minutes in: $163.95 / 148,34 €  *(volume: 5201)*
+- 🟩 105 minutes in: $163.62 / 148,05 €  *(volume: 5143)*
+- 🟩 100 minutes in: $163.56 / 147,99 €  *(volume: 5106)*
+- 🟥 95 minutes in: $162.82 / 147,32 €  *(volume: 4496)*
+- 🟥 90 minutes in: $163.04 / 147,52 €  *(volume: 4345)*
+- 🟥 85 minutes in: $164.11 / 148,49 €  *(volume: 3970)*
+- 🟥 80 minutes in: $166.05 / 150,25 €  *(volume: 3242)*
+- 🟥 75 minutes in: $166.25 / 150,43 €  *(volume: 2883)*
+- 🟩 70 minutes in: $166.59 / 150,73 €  *(volume: 2828)*
+- 🟩 65 minutes in: $166.09 / 150,28 €  *(volume: 2215)*
+- ⬜ 60 minutes in: $166.07 / 150,26 €  *(volume: 2200)*
+- 🟩 55 minutes in: $166.07 / 150,26 €  *(volume: 2193)*
+- 🟥 50 minutes in: $166.04 / 150,24 €  *(volume: 2138)*
+- 🟩 45 minutes in: $166.30 / 150,47 €  *(volume: 1985)*
+- 🟥 40 minutes in: $165.90 / 150,11 €  *(volume: 1936)*
+- 🟩 35 minutes in: $166.38 / 150,54 €  *(volume: 1727)*
+- 🟥 30 minutes in: $166.33 / 150,50 €  *(volume: 1701)*
+- 🟩 25 minutes in: $166.34 / 150,50 €  *(volume: 1614)*
+- 🟩 20 minutes in: $165.79 / 150,00 €  *(volume: 1515)*
+- 🟥 15 minutes in: $165.68 / 149,91 €  *(volume: 1356)*
+- 🟩 10 minutes in: $166.27 / 150,44 €  *(volume: 858)*
+- 🟩 5 minutes in: $166.06 / 150,25 €  *(volume: 679)*
+- 🟩 0 minutes in: $165.23 / 149,50 €  *(volume: 557)*
+- 🟥 US close price: $165.00 / 149,29 €   *($163.50 / 147,94 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1052. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+It seems like daily that there's someone spouting about investing in gold or fiat currency or free markets without actually knowing what they're talking about. 
+
+What makes it difficult to counter is that to deconstruct their argument takes more work than they put into any given statement. 
+
+Is there a resource for common snake oil/uneducated statements regarding finance and counterarguments/sources? If not, would it make sense to make one? 
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[📚 Due Diligence](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Due%20Diligence%22) | [📚 Possible DD](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Possible%20DD%22) | [📈 Technical Analysis](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%88%20Technical%20Analysis%22) | [🤔 Speculation / Opinion](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%94%20Speculation%20%2F%20Opinion%22) | [💻 Computershare](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%BB%20Computershare%22) | [💡 Education](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%A1%20Education%22) | [📰 News](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B0%20News%22) | [🤡 Meme](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%A1%20Meme%22) | [👽 Shitpost](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%91%BD%20Shitpost%22) |[📳Social Media](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B3Social%20Media%22) | [☁ Hype fluff](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%E2%98%81%20Hype%2F%20Fluff%22)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+A lot of people starting to say that LRC is GME for people who don't have enough money. That's just wrong. 
+
+With LRC at ~$4 and GME at ~$200, GME is 50x more expensive than GME. But let me tell you something, when the MOASS happens, GME will be priced way more than 50 times as much as LRC. Only one of these securities has insane SI, is primed for a huge short squeeze, is surrounded by SHF fuckery, and will be the face of the mass adoption of NFTs. Yes, Loopring will facilitate this, but that doesn't mean they're gonna benefit the most from it.
+
+You wanna hold LRC? Please do. But stop constantly mentioning it in this sub. You don't see OG VV$Bers flaunting their Tesla shares now do you? We're a GME sub, there's a LRC sub. End of the day, ape no fight ape so stay Buying, Holding and DRSing. 🟣🟣🟣
+I think there is a survivorship bias issue with the stories we hear. "I made a killing on crypto", "I've picked stocks and made thousands", "I've beaten indexes handily with my RE investments", or "I've become FIRE using options trading". But we don't hear from those who have lost making bets and consequently affected their FIRE plans. I think it would be helpful for all to read that there are smart people out there that have lost money doing some of those things...so there is not only upside associated with them. Care to share your story?
+Imagine this scenario:
+
+You own real estate; you net $500/month before taxes, you also pay $200/mo towards the principal, and the home may also increase in value (About 2-3%/year maybe). 
+
+Or you could sell the home and have $160k. 
+
+So if you were wheeling stocks and trying to earn a safe 1%, that's $1600/month?
+
+The real estate is earning about $700/month. 
+
+What would you do?
+Looking for some advice I guess:
+• purchased our first home 2 years ago
+• had a building and pest inspection done at the time of purchase as well as a full termite treatment using Termidor
+• the pest inspection found old termite damage to a shed on the property but didn't find any signs of damage to a granny flat or the main house
+• during the first inspection one year after the first treatment significant damage was found to the granny flat which now needs to be demolished and rebuilt
+• we have now just found live termites and damage to the main house 2 years after purchase
+
+Building insurance does not cover any damage due to termites. Has anyone previously gone through this and would the termite treatment company not be liable for the cost of any damages given their treatment didn't work? Unfortunately our first home is turning into a nightmare despite doing everything we could to prevent this from happening.
+I own a duplex, and I'm discussing acquiring the one next door with the owner.  My rents are $1,100 for a 2/1 unit and $900 for a 1/1 unit.  The neighboring duplex has exactly the same layout.  The owners inherited the property, and they haven't raised rents in the past decade, from before the neighborhood became desirable.  Currently the rents are $700 for the 2/1 and $550 for the 1/1.  
+
+If I end up buying the place, I'd obviously want to get the rents to a market rate.  I've chatted with the tenants, while I was renovating my duplex.  (I actually got the owner's number from one of the tenants.)  They are very nice people, and they've lived there for 12 and 15 years, respectively.  I feel pretty bad for raising rents by 80%, but gradually raising would take forever to get to a market rate.  To my knowledge, there is no specific regulation that dictates how much rent can go up in this area.
+
+Thoughts on how to go about this?
+ I bought my property in April 2019, and lived in it until end January 2021, therefore it has only been used as my primary residence for 21 months.
+
+I am currently renting it out for a year lease, and I plan on renting it out again for another year. After the second year term has ended, I plan on making the property my primary residence for three months, so I am in the "2 out of 5 years" category.
+
+I plan to sell by April 2024.
+
+I am reading that if I had lived in it for the entire two years prior to renting it out for 2 years, and selling it in 5th year... I would be fully exempt from capital gains.
+
+But because I am moving back, I am no longer fully exempt. How true is this statement? Did I do myself a disservice putting the property on the market this soon?
+
+Thank you
+
+Where I am reading this: [https://www.merriman.com/wealth-preservation/planning-on-moving-back-into-your-rental-in-the-future-read-this-first/](https://www.merriman.com/wealth-preservation/planning-on-moving-back-into-your-rental-in-the-future-read-this-first/)
+
+Section: 
+
+1. **If you live in your home for two years and then rent it out for two years before selling it, you qualify for the full exclusion amount due to meeting the use test by having lived in the home for two out of the last five years before the sale and meeting the ownership test.**
+2. **If you rent out your property for two years and then move back in for two years before selling it, you must prorate your exclusion because the exception to periods of non-qualifying use only applies to portions of the five-year use test period that occur after the last date that the property is used as a principal residence \[26 U.S.C. § 121(b)(5)(C)(ii)(I)\].**
+Guten Tag to this global band of Apes! 👋🦍
+
+First, I'd like to apologize for the inaccuracies of the data in yesterday's post. Occasionally the data sources I use to scrape the data that I post change format, and I did not detect that there was unusual volume and slightly low price data. I appreciate everyone who let me know, and hope that I have now corrected the problem.
+
+There are several recent indications that we may be nearing another upward breakout, far larger than the 20%+ that we've had over the past few days. Ortex showing 100% utilization, XRT reaching 1300% shorted, the SEC showing some interest in regulating, Ryan Cohen being particularly chatty, and GameStop's series of announcements expected to continue... all of these things have my tits jacked. Add to that the cans that were kicked from last month to this month and the steady rate of Apes DRSing shares, and I see a lot of potential for this to be where the shorts lose control and start falling.
+
+Until that day does come, I will be here with each of you, celebrating this worldwide movement during what may be the final 'pre-MOASS' days. I never expected to get this attached to this movement, but you all make it a true joy to come back each day.
+
+Today is Thursday, February 10th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$125.61 / 109,85 €**  *(volume: 5276)*
+- 🟩 115 minutes in: $125.18 / 109,48 €  *(volume: 5094)*
+- 🟩 110 minutes in: $124.86 / 109,19 €  *(volume: 5080)*
+- 🟥 105 minutes in: $124.61 / 108,97 €  *(volume: 3182)*
+- ⬜ 100 minutes in: $126.67 / 110,78 €  *(volume: 2677)*
+- 🟥 95 minutes in: $126.67 / 110,78 €  *(volume: 2627)*
+- ⬜ 90 minutes in: $126.90 / 110,97 €  *(volume: 2506)*
+- ⬜ 85 minutes in: $126.90 / 110,97 €  *(volume: 2401)*
+- ⬜ 80 minutes in: $126.90 / 110,97 €  *(volume: 2354)*
+- 🟩 75 minutes in: $126.90 / 110,97 €  *(volume: 2322)*
+- ⬜ 70 minutes in: $126.76 / 110,85 €  *(volume: 2319)*
+- ⬜ 65 minutes in: $126.76 / 110,85 €  *(volume: 2295)*
+- ⬜ 60 minutes in: $126.76 / 110,85 €  *(volume: 2209)*
+- ⬜ 55 minutes in: $126.76 / 110,85 €  *(volume: 2205)*
+- ⬜ 50 minutes in: $126.76 / 110,85 €  *(volume: 2203)*
+- 🟥 45 minutes in: $126.76 / 110,85 €  *(volume: 2201)*
+- ⬜ 40 minutes in: $126.90 / 110,97 €  *(volume: 2177)*
+- ⬜ 35 minutes in: $126.90 / 110,97 €  *(volume: 2133)*
+- 🟩 30 minutes in: $126.90 / 110,97 €  *(volume: 2102)*
+- 🟥 25 minutes in: $126.76 / 110,85 €  *(volume: 2090)*
+- 🟩 20 minutes in: $127.64 / 111,62 €  *(volume: 1782)*
+- 🟩 15 minutes in: $124.67 / 109,03 €  *(volume: 593)*
+- ⬜ 10 minutes in: $123.44 / 107,95 €  *(volume: 162)*
+- 🟥 5 minutes in: $123.44 / 107,95 €  *(volume: 105)*
+- 🟥 0 minutes in: $123.50 / 108,00 €  *(volume: 87)*
+- 🟩 US close price: $124.29 / 108,69 €   *($123.30 / 107,83 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1435. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+MIAMI--(BUSINESS WIRE)--Ramp, the payments company making crypto accessible to everyone, today announced its integration with the GameStop Wallet. The Ramp integration allows GameStop Wallet users to purchase Ethereum quickly and without needing to leave the Company’s self-custodial Ethereum wallets.
+
+Ramp enables enterprises to deploy fiat to crypto payments capabilities, significantly reducing onboarding times for end users, while remaining compliant.
+
+“The benefits of NFTs for gamers - decentralized data, better security and ownership - are only just being explored. And yet, accessing the token based economy remains complex and confusing. Ramp is integrated by some of the world’s leading NFT based games to bring the same level of user experience gamers are used to, to blockchain,” said Greg McEwan, head of marketing, at Ramp.
+
+On May 23 2022, GameStop launched its digital asset wallet to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens (“NFTs”) across decentralized apps without having to leave their web browsers. The GameStop Wallet is a self-custodial Ethereum wallet utilizing Loopring's ZK-rollup technology. By integrating Ramp, GameStop Wallet users can quickly purchase Ethereum using fiat.
+
+The GameStop Wallet extension is available today and can be downloaded from the Chrome Web Store. Learn more about the GameStop Wallet by visiting https://wallet.gamestop.com.
+
+
+Here is the link: https://www.businesswire.com/news/home/20220620005331/en
+
+Sounds spicy
+“People are uncomfortable with bitcoin because it represents changing one of the fundamental ancient technologies of civilization – money. We’ve only changed that technology four or five times in the history of human civilization. We’ve gone from bare bones barter system – ‘here’s a goat, give me three chickens,’ to systems of precious metals and other nice objects (feathers, shells, etc.), to exclusively precious metals, and then on to precious metals stamped with the faces of kings. And then at some point, around the 15th century, you start seeing certificates of deposit for very precious metals being exchanged - paper notes, ‘I have a deposit of gold here, I’m now going to move the gold from my deposit to your deposit. I’ll just give you the piece of paper that says you’re now the owner’ – paper money is introduced. Then plastic in the 1950s diners club, travelers checks, and then the first credit cards. Do you think each transition was smooth?” - Andreas Antonopoulos 9/7/2016
+As a part of my medical degree, today I had the privilege to be invited into the homes of palliative care patients, talk with them, and discuss the experiences with senior clinicians. 
+
+As our reflections drew to a close, I asked the doctors if they had gleaned any advice from their patients over the years. They gave our group the same advice they give their patients:
+
+
+"If you have something which is truly important to you, do it while you can."
+
+
+I know this topic (or various flavours of it) is discussed often within this subreddit, however I found it poignant coming from a completely different source. 
+
+Like several others, I feel I have prioritised saving over spending, perhaps to the detriment of things that I value. 
+As a result, this has caused me to begin the process of actually evaluating what is 'truly important', and how I can make these things happen without sacrificing FI or RE principles (which are also important to me). 
+
+I hope you don't find this post too derivative, and that it spurs some fruitful discussion. 
+If you regularly spend time at a second home far from your main home, does it make more sense to rent a car, or to buy/lease a car to keep at that location?
+
+If you buy a car, how do you store it long-term so it stays running well? 
+
+The car would need to be stored outdoors, but the climate is quite temperate (low humidity, no freezing temps/salt). We are generally at second home 6-8 weeks in summer, and 2-3 weeks in winter.
+Learned something yesterday about PMI that maybe other people don't know, so I wanted to pass it along and maybe save someone else some trouble.
+My wife and I are very fortunate in that we were able to pay off the first 20% of our mortgage very ahead of schedule (5% down). So, I had assumed that once that 20% threshold was hit, PMI would be automatically eliminated from our escrow. Well I was wrong, at least when it comes to our lender (5th/3rd). I need to, in writing, request that our PMI be eliminated. I'm not sure what reasoning the bank could have to deny that request, but if I hadn't called and asked, I'm guessing I'd still be contributing money toward escrow that wouldn't be used; money that I could have otherwise used towards the principal or some other interest-bearing debt.
+This was news to me, so I just wanted to share in case their are other first-time home-buyers in the same situation that can get ahead of the ball.
+Have a good day!
+[https://www.afr.com/property/residential/buyers-are-improving-their-offers-by-100-000-or-more-overnight-20210315-p57aq4](https://www.afr.com/property/residential/buyers-are-improving-their-offers-by-100-000-or-more-overnight-20210315-p57aq4)
+
+It doesn't make sense. This is irrational territory. Middle income local buyer, potentially going to be one income soon, buying for $2.65m + stamp duty etc. 
+
+​
+
+>sold for the guys who ended up buying it. They’re upsizing from a two-bedroom apartment in Kurraba Point. **They’re young professionals, trying to start a family. He’s got good job security, they’re dual income.**  
+>  
+>That’s the heaviest side of the market - not necessarily offshore buyers or expats, which a lot of people think. It’s a lot of local buyers with job security. They tend to be middle-income. They’re taking the opportunity to upsize.  
+>  
+>They’re almost paying next year’s price in order to get in now due to that availability of credit.
+
+What does the last line even mean?
+Hey apes,
+
+There has been a lot of tit jacking (mine included) about the possibility of GameStop NFT token being released. Please familiarize yourselves with the NFT by reading [this post](https://www.reddit.com/r/Superstonk/comments/o933f5/crypto_hints_being_dropped_in_gmes_prospectus/?utm_medium=android_app&utm_source=share) by u/loggic.
+
+Now... calm your tits. Why? **An ape just got scammed.**
+
+
+Ruh roh!!!
+
+Here's [a post](https://www.reddit.com/r/Superstonk/comments/o99ms3/stay_calm_but_i_think_the_nft_is_now_available_to/?utm_medium=android_app&utm_source=share) of an ape celebrating their own *got scammed* experience.
+
+How'd they get scammed? Someone made a token and called it GameStop. But it wasn't GameStop. So jack your tits smartly.
+
+Here's [the scam](https://www.reddit.com/r/Superstonk/comments/o9967o/gme_just_transferred_42069_gmetoken_to_itself_on/?utm_medium=android_app&utm_source=share) in action again. 
+
+You think scammers don't know our memes? Hedgies know our memes... they're scammers. This coin world (won't say the banned word) is notorious for scams. Watch out for scammers.
+
+Here's an important comment on that last post by u/Lucent_Sable:
+
+>Are you sure that the participants in the transaction are Gamestop? 
+
+>The from address in that transaction is  
+0x133742073133c9aecdEC3a87e475C2945f23D6C0 
+
+>While the contract address is  
+0x13374200c29C757FDCc72F15Da98fb94f286d71e 
+
+>Additionally, the contract for the "GME" that this address sent is  0x5b7d043EcB3a694069CC01e763159ea1bdE0541d 
+
+>which is not familiar at all. 
+
+>To me it looks like someone spent some time and money to specifically craft an address where the first seven digits line up with what we find easily recognisable (1337420), but the similarities stop there. 
+
+>#**I would treat this as suspicious until official confirmation from Gamestop comes out.** 
+
+>edit: More suspicious, if you look at the contract from the offical Gamestop NFT hype site, you can see that the official token is "Game**s**top (GME)", while the token that was transferred was "Game**S**top (GME)". This further confirms that they are actually different things that have just been set up to look similar at first glance.
+
+So what should you do?!?
+
+1. Jack your tits responsibly.
+
+2. Wait for GameStop to announce the real NFT.
+
+3. Take a breath before you buy on hype. Why? **Make sure your spendies lead to tendies, unlike these apes.**
+
+Someone please get the mods on this post.
+Hearing is cringy as fuck
+
+This hearing is a fucking circle jerking joke. Bank CEOs acting like they are a mix of mother Theresa and Mahatma Gandhi. 
+
+Their bonuses are tied to fucking people over. Banks are as scummy as Hedgefonds any day of the week.
+
+They need to shut the fuck up and stop wanking each other off.
+
+My balls are tingling with cringe. So embarrassing.
+
+GME to the mother fucking MOOOoONNN APES 
+
+🚀🚀🚀🚀🦍🦍💎💎💎👐👐👐🐒🐒🐒🤌🤌
+
+LETZZZZ GOOOOoOOOOOoO
+I'm in my mid 40 with NW over $4mm and could quit today if I was will to live on passive income of $150k ish a year (yeah, I really need to work on better investing that NW to get a better return. Currently, too tied up in my day to day business to find better places for the money to work, about a third in cash now to fund RE investments). I'm working on a real estate project that should be kicking off passive income of another $200-250k a year by my late 40's with NW between $7-8mm. My current business is making me over 500k annually. With most small business it takes lots of hours (50-55 hours weekly). So in a few years, I could be looking at 4 hour work week and pulling in around $400k a year. Looks like a better use of my time if I chose to take it. Or I can continue to grind and grow my NW. I started my family late in life in my late 30's. Now I have two kids under 8 and another on the way. I'll be in my early 60's when my youngest is out of high school.  If I chose to give up the grind and take the 4 hour work week once I reach the above-stated level, I'm concern about the type of message it will send to my still very young kids about work. I won't be entirely retired since I'll still be looking to invest in real estate. I just want to make time to spend with them while I'm still young. 
+
+​
+
+I remember growing up and watching my parents who were also small business owners busting their ass my entire childhood. I think this is where I get my hunger and willingness to work like a dog if opportunities to make money presents itself. This is also why I'm unwilling to blow my hard earn cash on toys. I buy into the adage if you can't afford 5 of that item, you can't afford it. In my case, it might as well be 10. Cash is my ammo, so if I want to win battles I better stash it away. I credit delayed gratification for getting me to where I'm today.
+
+​
+
+I'm really worried about my kids. I don't want them turning out to be entitled and feeling too secured. I'm afraid if they don't see me grinding to put food on the table and a roof over their heads, they won't have the hunger or work ethic. I have hired and fired many young people in my own business. They are bright, but aren't hungry or eager. These kids don't want to put in the overtime to get the job done. In this economy, most of these young, well feed, comfortable kids don't worry about job security and think they can find another at a drop of a hat. I won't be able to stand it if my kids turn out this way. They may end up being part of the shrinking middle class. BTW, none of my kids have to worry about college tuition, I'll see to it.
+
+​
+
+I want to get some input from people in this community. Please share your thoughts and experiences.
+I was approached by a Series E startup a few weeks ago about a senior leadership role (head of finance, reporting to CFO). The interviews went well so now I'm evaluating the offer and want to make sure I make the right decision here.
+
+**Current (FAANG):**
+
+* Senior Finance Manager
+* Comp target is $275k, but realized comp will be closer to $245k this year since stock price has dropped. Base is $165k, RSUs make up remaining $80k.
+* Recently moved into a new role which is great: good WLB, work on interesting projects, good manager, etc.
+* **Case for staying:** likely more job security in the event of a recession; have a low(er) stress role that is somewhat rewarding; path to $350k comp in \~3-4 years via performance rating improvement over time
+
+**Startup Offer:**
+
+* Series E startup, Head of Finance (Sr. Director) role
+* $315k base + $700k equity (net) over 4 years
+* Company has a chance to succeed and IPO, but not likely for 3+ years
+* **Case for joining**: fits  what I was looking for in terms of next steps in my career (head of finance role where I can learn from CFO), gets me back to startup life which I enjoyed pre-FAANG, and fully remote role opens up options for where I live - could accelerate savings if I move to lower COL city.
+
+When contemplating the offer, I'm considering how it will play into my FatFIRE plans (targeting fatFIRE with $6M in \~10-15 years (currently at $1.3M). The relatively high cash compensation at the startup was surprising to me and reduces the risk of joining significantly. The base salary at the startup is a comp level that I wouldn't hit at FAANG for at least 2 years with the $175k annual equity as icing on the cake. I've recently come a bit more risk-averse with the birth of my first child so I'm not counting on the startup equity and have mentally applied an \~80% discount to the value.
+
+For any of you that have been in a similar position, I'm looking for general feedback on the offer as well as any tips on what I should consider when negotiating my compensation package (e.g. should I negotiate severance? signing bonus?). Thank you!
+In this scenario, you are approached by people who have an *idea* of your net wealth if not a true picture. I know a lot of people on this sub advise maintaining as much secrecy as possible but it’s not always feasible.
+
+**What’s the best and most assertive way of saying “no” without closing the door forever?**
+
+I’ve been put in a situation recently where I approached an ex-business partner for some advice. We made a lot of money together in property in the previous decade but we parted ways amicably and I’ve since gone onto to other successful ventures whereas he’s been treading water ever since and lost a bunch in the 2007 Northern Rock collapse.
+
+I called him and asked for some friendly advice about another property deal I’d put together. Instead of offering advice, he pitched me an investment opportunity into something completely unrelated in which I’ve zero interest in being a part of.
+
+I was so flummoxed, I had to say the lamest excuse in the world “I’ll think about it” and hung up. He’s since had a look at my project for me and given me some good pointers but there’s an unease in the air when we met.
+
+TL;DR - sometimes it’s not enough to say “no thanks” to people you want to or need to keep with you (ex-partners, current accountants / solicitors etc.) What’s the best way of letting them down gently without completely removing them from your life?
+44 years old/$10M target/$3.2M
+
+From a peak of $4.6M, I am down to $3.2M today. The biggest regret was the 600k I put in VTI last year from a house sale at a price of $241 (because I cannot time the market ) and its down to $188. That is also the biggest relief since - if there is any chance of the market going up then VTI will definitely increase. If we end up like Nikkei then it would be sad.  I am not selling anything including our 600-700K RSU per year  but buying more VTI and other tech stocks,
+
+1. Sometimes I wonder if I should hoard more cash for leaner times?  Right now, I only keep 50-60k around and the rest goes in the market/estimated taxes as I earn. 
+2. All stocks are on sale. I want to dump more money in FAANG for the thrill of purchase but my brain keeps telling me to stick to VTI. Good idea?
+On mobile, not financial advice, just woke up, haven’t even shoved a crayon up my nose yet, so definitely do not listen to me but…
+
+We all seem to get pretty hyped when we see any reference to 741.  And papa Cohen has given us reason to be jacked about that.  He also let us know that Gamestop should be judged by its actions, not its words.  
+
+Now he tweets a statement in reverse at 1:08 am, which in reverse is (dun dun duuuuun) 801 as in NSCC-2021-801.  
+
+This rule is all about the NSCC being liquid enough to cover guaranteed transactions in the event of a member’s default.   
+
+Smoother than a fresh jar of skippy over here. Any wrinkle brains have an opinion on this?
+I am curious to see what the group thinks of leveraging debt to buy more assets in this market.  
+
+I am currently sitting on a lot of RE equity and cash.  I am worried about inflation and am thinking of doing a cash out refinance of my vacation home and buying an investment property with it, to generate side income and act as a hedge.
+
+I have traditionally been a saver focused on paying down debt but now am considering leveraging.  Anyone else in the same boat?  Does this strategy seem sound?
+This isn't strictly FI, but hopefully it's not too unrelated and mods will allow it. It seems like a lot of us here are pursuing FIRE because we aren't happy with our work, and don't want to be stuck doing it until we die. In the [Want to live longer? Retire early](https://www.reddit.com/r/financialindependence/comments/cb13um/want_to_live_longer_retire_early/) thread, there is a lot of discussion about this and how terrible corporate life is. This comment by filmfan2 really resonated with me:
+
+> as i hit 50 and have a few bucks in the bank at this point, that feeling and voice only grows louder every day! i just did it / put up with it when i was younger because i needed the money. 80% of "work" is a big waste, beyond humans needing food and medicine/health. we dont "need" the majority of all this crap.
+
+That's exactly how I feel. The problem is I'm in my early 30s.
+
+Now on the FIRE path I'm doing pretty good. I'm in a LCOL part of Europe, have been working since 16 and now work in tech, so if I stick with what I'm doing for another 15-20 years I should be golden. I really don't know if I can though.
+
+So I'm wondering if anyone has made a big career switch while pursuing fire. I know of barristaFIRE, but that's not really what I mean. If I switch I'd probably need to work longer (I'm in tech now, so it would probably be a big paycut), so I would want to do something I really enjoy that makes me happy. I don't really know what that would be though, so has anyone done anything like this?
+In all the economics related subreddits, nearly all the topics can find are related to macroeconomics, such as those on inflation, exchange rates, unemployment, etc. Do redditors not find micro topics interesting? 
+Hi
+What do you think about RIO? 
+It currently has a dividend yield of 10%.
+The company it involved in mining basic resources like iron, copper, aluminium and others so from this point of view the market for those products is growing fast.
+Revenues have been growing steadily over the last years.
+Can you spot something wrong about them? Because the yield seems quite high.
+Hi all,
+
+I wanted to pose an idea and open a discussion to the group. I am a younger investor with a long time horizon (30+ years).
+
+I’ve been investing for a little while now, but mostly heavy in tech and index funds.
+
+My specific question: What are the benefits of investing in dividend stocks rather than dumping your money into SPY, or QQQ (SPY & NASDAQ index fund equivalent)? Both of these indexes are quite diversified across all the companies they are comprised of. Granted, they are both focused on tech but will automatically weed out any poor companies over time.
+
+When I compare the historical returns of SPY against T, SPHD, O, or even VYM for example, they aren’t even close. SPY has outperformed both of these stocks significantly.
+
+I am not hating on dividends... I’m trying to educate myself as an investor to understand why they are so popular, and if I should invest in them myself.
+
+Please note that my question is tailored to folks who have a longer time horizon, not people who are near retirement and need a more steady income stream. 
+
+Thanks!
+https://www.thetimes.co.uk/article/how-low-interest-rates-killed-magic-4-retirement-rule-vbbvvdt3c
+
+For decades, the 4 per cent rule has been the holy grail of pensions. The theory was that whatever your pension pot size, 4 per cent was the “safe” amount you could withdraw each year (adjusting that withdrawal in line with inflation) if you wanted your pot to last over an average 23-year retirement.
+
+Analysis shows, however, that the rule is no longer sustainable for most savers. Sticking to
+a 4 per cent withdrawal rate makes you three times more likely to run out of money in retirement than you would have been a decade ago, according to the pensions consultancy LCP.
+
+Partly the problem is that people have longer retirements because they are living longer, but mainly it is down to ultra-low interest rates and the quantitative easing that has distorted the pensions landscape, said Myron Jobson from Interactive Investor, a funds platform.
+
+Pensions are usually invested in a mix of shares, bonds and commercial property. As savers get closer to retirement, their exposure to bonds and cash increases while the exposure to riskier assets such as shares decreases. Record low interest rates have pushed down government bond yields, so savers can’t get anything like the same kind of return from these assets as they did in the 1990s, when the 4 per cent rule was first bandied about.
+
+In 1995 the benchmark ten-year gilt would yield about 8 per cent, whereas now it’s closer to 0.26 per cent.
+
+The dilemma
+If a 4 per cent chunk is taken out of a poorly performing pension every year, savings can diminish rapidly because the returns won’t make up for withdrawals. Over time your income in retirement will either drop or you will have to withdraw more than 4 per cent, so that you have even less the next year.
+
+About nine million people who have a total of about £160 billion saved in their pensions will reach retirement age over the next decade, LCP estimates.
+
+As fewer people have the luxury of a final-salary guaranteed pension income and more make use of the pension freedoms to keep their savings invested and draw down income instead of buying an annuity, the returns from a pot will be even more important.
+
+Six in ten savers in drawdown with pension pots over £100,000 take out at least 4 per cent a year, according to the Financial Conduct Authority, the City regulator.
+
+LCP said that if 35 per cent of your pot was invested in shares and you withdrew 4 per cent a year, you would have a 1 in 5 chance of running out of money in retirement. Taking 5 per cent each year would double your chances of running out of money, and if you withdrew 6 per cent a year you would have a 3 in 5 chance.
+
+If you had 55 per cent or more of your portfolio in stocks and shares, the returns are likely to be higher because the risk is greater, thus lowering the chances of you running out of money. However, taking on extra risk as you approach retirement is generally not advised because if stock markets fall, you have less time to recover any losses.
+
+Dan Mikulskis, a partner at LCP, said: “Too much discussion around managing a pension pot is based on a world which no longer exists. Old rules about withdrawal rates are now dangerously unsustainable and need to be revisited.”
+
+He said that quantitative easing, where governments effectively print more money to stimulate the economy, has in effect broken the 4 per cent rule.
+
+Low interest rates also mean that management fees eat up a much greater proportion of the investment returns than ten years ago. In a world of zero interest rates, investors need to take quite a lot of risk just to pay fees and keep up with inflation. LCP found that in 2010 a pension holder paying a 2 per cent fund fee on a portfolio with 55 per cent exposure to equities would have about a 1 in 20 chance of running out of money in retirement. Today the same pensioner would have a 1 in 3 chance of a cash shortage.
+
+Mikulskis warns that many people end up in what he describes as “the worst of all worlds” — paying too much in charges for a very low-risk portfolio.
+
+What should you do instead?
+The consensus is that you should not rely on a simple 4 per cent principle as a basis for taking income from your pension pot.
+
+One obvious option is to withdraw less, perhaps down to 3 per cent, which would give you a 1 in 20 chance of running out of money if you had a portfolio that was 35 per cent invested in equities, LCP said.
+
+The consultant said that people in retirement will have to cut their spending by a quarter to make their pot last as long as it would have ten years ago.
+
+Adrian Lowcock from Willis Owen, an investment platform, said: “The 4 per cent rule wasn’t supposed to be an absolute, but used as a guidance to understand the impact of withdrawals on a portfolio. Each situation is different and investors need to factor in their personal circumstances when considering their withdrawal rate.”
+
+He said it’s wise to work out how much you think you will need to live off each year, taking into account the state pension; if you’re lucky, you might find that you don’t need 4 per cent of your pot. Bear in mind that living costs tend to rise later in retirement because of the costs of social and nursing care.
+
+Keith Churchouse from the adviser Chapters Financial recommends having an emergency fund equivalent to three to six months’ income, to cover you for any drop in investment income.
+
+Another option is to make withdrawals according to the performance of your investments, ie take more in the good times and cut back when markets plummet, as they have this year. This is known as dynamic drawdown.
+
+James Norton from Vanguard said that savers should focus on what they can control, such as the costs on their pension. Those entering the workplace now can expect their pension to be invested for 40 years. “When investing for this long, the impact of compounding costs can be corrosive,” he said.
+
+A £10,000 investment that returns 5 per cent but incurs 2 per cent a year in fees would give you a retirement fund of £32,620 after 40 years.
+
+If the fee was 0.4 per cent a year the fund would be worth almost double, at £60,400.
+
+I lost a third of my pot in March, but it recovered
+
+Andy McDuff retired from his job in magazine publishing four years ago and is now drawing down money from his pension pot, which remains invested.
+
+Initially, the 63-year-old withdrew 2 per cent from his pot each year, but he decided to increase his withdrawal rate to 4 per cent this year to help to pay for improvements to his house in Winchester.
+
+While aware of the 4 per cent rule, he said that he doesn’t use it as a guide when deciding how much to take from his pension. Instead, the father of two uses a spreadsheet to estimate how much income he and his wife, Katrina, will need for general expenses, entertainment and holidays.
+
+Andy has opted for a flexible approach to drawdown, and said that there are lots of variables that affect his income, such as inflation, stock market performance, and bond yields. But the biggest factor is tax — because if he takes too much in one year, his income will attract higher rate tax. Coincidentally, if Andy had taken out more than 4 per cent this year it would have pushed him into the higher tax bracket.
+
+Does he ever worry about running out of money in retirement?
+
+“If you asked me in March, it was one of the biggest worries in my life,” he said. Andy’s pension, which has about 60 per cent exposure to equities through investment funds, dropped by about a third after the coronavirus-led crash in March.
+
+Fortunately this has since recovered, and is now worth more than when he started going into drawdown four years ago.
+
+He also kept two years’ worth of income in a short-term fixed cash bond, and has some money stashed in Isas. “This gives me comfort that if the market goes belly-up again, I could live on the cash and not touch my investments while I wait for the markets to recover.”
+Hello,
+
+there are many APIs that provide access to the SEC Filings. However, I haven\`t found any API that provides access to insider transactions that are happening in europe.
+
+Are there any API providers out there that can provide this data OR what are other ways to get this data?
+
+Appreciate your replies!
+I thought about a hypothetical scenario, where a coder developed a trading algorithm that performed well when adequately backtested, and delivered consistent returns when applied. Could the coder then go around firms pitching such an algorithm and would any firms even be interested in buying such an algorithm? Is this practice common in the industry?
+AAPL was the first U.S. company to reach a 2 Trillion dollar market cap in 2020.
+
+It begs the question. When will AAPL, and other Trillion dollar companies, reach their peaks?
+
+I’d like to believe AAPL can double in value again over the next few years, but that would mean that AAPL would have a 4 Trillion dollar market cap? Would it not? 
+
+How realistic is it that these Multi trillion dollar companies like APPL and MSFT, keep growing at the rate they are, in the future?
+I recently inherited 1/4 of my childhood home and would like some advice on my situation.  
+ 
+ 
+
+The property is equally split among 4 of us, and 2 owners prefer to sell, while the other 2 (including myself) would like to explore the option of renting it out. With 50% ownership between the 2 of us, we will need to buy out the other 2 owners but I am not sure how that process works from a legal/financial standpoint.  
+ 
+ 
+
+The house is worth about $100k, but we really don't know what kind of repairs might be needed beyond a few obvious issues. I am assuming that some kind of inspection or appraisal would be the next step in evaluating the condition of the house so we can start to figure out the true value and work out the finances.  
+ 
+ 
+
+What would you do if you were in my situation? The relationship between the 4 of us is pretty good so as long everyone feels they are treated fairly (and I understand that may be a big if) I think we can figure out a plan that works for everyone but I'm not quite sure how to even get started. Can anyone help??? 
+ 
+ 
+
+Thank you!!
+Hey what it do baybeeeeeeeeee its your boy letthebandplay777
+
+Apes. I stand before you today a humble ape. I am humbled by this community, and this particular situation we have all found ourselves in thanks to our individual research and choices that have all built up to this current moment in time. This could have rolled out so many different ways but this is the avenue we currently walk together, but separately. Through nearly 10 months now we have literally seen it all. Hype dates have come and gone, supposed catalysts to tendietown came and went, SSR days were seen as hope just to be realized it literally means nothing. 
+
+​
+
+Apes. You need to understand this. They have all the control, they have all the levers, they have all the tools in the toolbox. They have the DTCC infinity share printer, they have the ability to infinitely reset FTDs and swaps. They literally can do anything they want to us, ***within their playground.*** This is crucial to understand and to digest. This is not FUD. This is our reality. We have been disappointed time and time again. Moderators and forums have come and gone. Wrinkles have continued to be gained, and friends at the time have become foe. We have been through extreme moments of disappointment, but we have also had our faces ripped off from euphoric explosions in price movement. We've seen it all apes. And you crazy bastards are still here, diamond handing to this day. 
+
+Now before we continue onwards let me bring you back to the VW short squeeze, and why it matters.
+
+Before we really dug into DRS, we assume the two instances were completely different. Reality is they're not, in fact they have much more in common than we believed before hand. You need to understand that Porsche bought up the float of VW, via direct registering the stock. When institutionalizes buy a large quantity of stock they directly register those shares. This is effectively what apes seek to do with GME via DRS just on a much larger scale via one company but the semantics are exactly the same. Porsche locked up 99% of the float and BOOM the squeeze was underway. 
+
+Time and time again, the ONLY mechanism to initiate a short squeeze is DIRECT REGISTRATION. ***THIS IS NOT! A CALL FOR ACTION AND I AM MERELY PRESENTING FACTUAL BASIS POINTS FOR YOU TO MAKE YOUR OWN INDIVIDUAL FINANCIAL DECISIONS. I AM NOT A FINANCIAL ADVISOR AND THIS IS DEFINITELY NOT FINANCIAL ADVICE.***
+
+Apes. Nothing else is going to launch this rocket. Everything else that has been discussed are all theories and are completely out of our control. We can't expect a market crash to initiate this. We can't expect just simply buying and holding will start it. We can't expect the SEC or any other regulation bodies to force them too close. They will never close in the current setup we are in. They have infinite shares, they have infinite abilities to reset FTD's and shuffle short positions around off shore or through other financial institutions. They have everything they need to be able to never close and make you quit. You can keep buying and holding for the next 50 years and without forcing DTCC shares out of there possession, apes will own 1,000,000 times the float and it still won't squeeze. 
+
+So this is my plea. TAKE CONTROL OF YOUR DESTINY. You, and only you, the beautiful ape reading this, can make this happen. DRS is the only way retail can mimic similar short squeezes in the past is via computer share. 
+
+We have discussed so many different theories, so many different possibilities, that were all major speculation backed with a little data that we as retail investors can actually utilize. Given this massive disadvantage of information we are in as retail investors, nothing has been 100% concrete evidence or proof that it would be the catalyst. COMPUTERSHARE and DIRECT REGISTRATION are the only things that are 100% proof that it will take us to Valhalla. Literally the only smoking gun we have. This is it apes.  We either get the job done and lock up the float, or eventually the corrupt racketeering mafia that is our stock market will screw us out of our tendies. You don't think they're behind the scenes right now, discussing how to exit without going bust? You think the SEC really gives a damn? They don't. We have mountains of evidence of mind bending fuckery without the squeeze and they can't even release a fucking report. 
+
+Thank you to u/criand and other big brain apes for putting the spotlight on the golden goblet, the oracle, the key of life into our hands. All you need to do is put the key into the ignition. I have been on the fence about CS since it came up. But I did my research. I trust the research done by this community. So, tomorrow morning I will be calling up Fidelity and transferring 100% of my portfolio to CS. I am merely a brick in the wall and by no means a whale. However that is irrelevant. The only way the job is getting done is if we all put our brick into the wall. Any other avenues are purely hypothetical and completely out of our control. The only thing you have control over is your decision of whether to have your shares registered through DTCC or registered to your name. Everything else is conjecture and speculation and just eats precious time up while we wait for something that may never happen. This is the only path apes have to finally tear this system down and to launch this rocket into the next nebula. 
+
+I believe in you guys and I can't thank you enough for such an amazing ride and journey. My investing knowledge and experience has gone up exponentially thanks to all the amazing research and information that has been produces on this forum. From the bottom of my heart I wanna thank each and every one of you guys. This is a special community that may never happen again. Enjoy the moment, Embrace your fellow ape, and preach the good word of DRS. Not everyone will be persuaded at first. But I am living proof that you can keep persuading and eventually it will sink in.
+
+Buy, Hold, DRS my apes. This is the way. It is the only way. Take your power back from the parasites. 
+
+u/letthebandplay777
+
+EDIT: I'd just like to make ABUNDANTLY clear that I am NOT saying we, as in all of us, just as a completely figuratively phrase and nothing more. We are all individual investors who will in the end, make our own individual decisions. This is just my opinion on what I believe will be in my own best interest for my stock holding in terms of my rights as a shareholder and how I personally feel about DRS.
+I hit a big mile stone this week, crossed $500k in net worth. 
+
+I am 38, 2 children, with a wife who works part time to focus on the kids. 
+
+Late 20s and early 30s were tough as we were starting out and had our children in our 20s. We lived a decent life but had trouble saving. I was a Marine in my mid 20s and in search of a good career after that. I ended up going back to grad school at 32. Best decision ever. Graduated with almost no savings, but no debt either. I have had a great job ever since and we have been saving a ton to make up for lost time. After the first year we bought a house, and for the past 3 years focused on building up our retirement and 529 accounts.
+
+Net worth is about $220k in home equity and the rest in retirement, 529s, and a bit in taxable accounts. Last year we saved 42% after tax income  and the year before that was 33%. 
+
+My only advice to younger readers is that my best ROI was going back to school. Had I done it earlier, probably when I was 28 or 29, I would be a lot farther long than I am.
+
+That being said, both my boys will be able to graduate college debt free and I will have the option to FIRE by 50 with a very comfortable retirement.
+
+This sub has been a great place for information and encouragement. Thank you to all who contribute!
+My phone (and Internet) provider - EE - are putting my bills up 9.25% next month, citing 5.4% inflation.
+
+Has anyone here had similar from your providers (mobile/internet, Sky, insurers, or others)?
+
+I'd be interested to know what examples you've seen thus far.
+
+As an aside - do we think water and council tax hikes are unlikely?
+
+Energy obviously is going to hike in April and October (if not sooner) but I expect there are other posts covering that.
+I live with four roommates and, between us, we have a gross income of maybe $150,000 per year, ranging from $12,000 to $62,000. Our take home, combined, is probably $100,000. We live in a city where minimum wage is $15 an hour so individually some of us make much more but we don't average more than minimum wage total. Our rent costs us about $3500 a month including utilities. That doesn't put us below the poverty line but things are relatively tight.
+
+We live near a church that was recently having a food bank and one of my roommates stopped in to pick up some things. All told we probably received about $200 worth of groceries and, while that $200 wouldn't have been beyond our means, it helps significantly. For the last several months I've been living on junk food because I've barely had the motivation to cook between financial anxiety and social anxiety.
+
+I try to help in any way I can, offering friends who are in bad situations a place to stay until they get on their feet, and I won't hesitate to give up as much as I can to help anyone who asks, but I feel like in accepting the donations from the church I'm taking food out of the mouths of people who need it more. I haven't been very active with any of the churches or community centers near where we live, mostly from being burnt out after work, but I plan on helping when I can. 
+
+I don't really have a question, I just needed to vent because I don't know when it's okay to stop giving. I feel like as long as I have more than anyone whose path I cross I haven't done enough to help, and it's caused me a lot of cognitive dissonance to accept help when I feel like there's still more help I can give.
+So a stock I invested in got delisted last year. They went private on purpose. It is an Irish based (but actually mostly US) company called Mainstay Medical. If all goes well they'll most likely go public again at some point in the future, most likely with a US listing.
+
+Now my EU based broker (DeGiro) kept the stock listed in my account for the shares I own (worth a couple of thousand euro's when i bought them), but the worth was set to zero and it was marked non-tradeable. I was told by customer service the line was still in my account because "our custodian still keeps the record of stockholders".
+
+Now fast forward 15 months and they removed the line from my account today. So basically I now feel pretty vulnerable and like I need to make sure my ownership of the shares can still be proven and remains intact. Of course I sent my broker an e-mail already and waiting for a response, but I would appreciate some more input. I'm pretty sure my broker can basically tell me to figure it out myself now, because they have nothing to do with this company anymore. 
+
+So my question is, does anybody have experience in this field and know the proper course of action for me? There is lots of info on Google about stock delistings, but I find nothing about how to assert your rights when you're all of a sudden a private shareholder. Who even keeps the record or knows who owns which shares at this point? I guess I can simply contact the company myself, but I would like to know what I need from them and what to expect from them before I do that.
+
+EDIT: To be clear. This company delisted but left all the shareholders intact. The shares were not bought back to then go private and the company didn't go bust.
+
+**EDIT2: Here is the press release from when the delisting was finalized**
+
+*In accordance with the terms of the Scheme, ordinary shareholders of Mainstay Medical International plc ('Mainstay') at 6.00 p.m. on Thursday, 4 June 2020 will be issued with one Mainstay Holdings Share for every Mainstay plc Share held at such time. Shareholders who held their Mainstay plc Shares in uncertificated form will have their CREST accounts credited with their entitlement to Mainstay Holdings Shares on Monday, 8 June 2020.*
+
+*Shareholders who held their Mainstay plc Shares in certificated form will be issued with share
+certificates in respect of their Mainstay Holdings Shares in June 2020.*
+
+*Shareholders are advised that all instructions, mandates, elections, communication preferences and group requirements relating to notices and other communications in respect of ordinary shares in effect on 5 June 2020 will, unless and until varied or revoked, be deemed to be valid and effective mandates or instructions to Mainstay Holdings in relation to the corresponding holding of Mainstay Holdings Shares.*
+
+*Cancellation of listing of Mainstay plc Shares*
+
+*The Mainstay plc Shares will be delisted from trading on Euronext Paris and the Euronext Growth market of Euronext Dublin with effect from 7.00 a.m. on 8 June 2020. Mainstay plc Shares in uncertificated form have been disabled in CREST.*
+
+**EDIT3:** I guess I'm getting some clues from the press release myself as I posted it. I just found that "CREST is the central securities depository and settlement system for the UK and Ireland." I'm assuming I had uncertified shares, held at CREST on behalf of me (in nominee) in the name of my broker DeGiro. So I guess I need to start there and ask for these shares to be put in my name somehow.
+
+**EDIT4:** My broker said they won't transfer the stock in my name but it's still registered at CREST on my behalf, using their custodian entity (separate entity that holds all customer assets). If the stock ever becomes publicly listed again they said I need to contact them and they'll transfer it back to my account so I can sell it myself if I want. I guess this is fine, but in the meanwhile it won't show up anywhere in my account. Guess I'm saving the e-mails discussing this with customer service for the long term...
+He beat me to it! (sob)
+
+He's 38, single, no kids. I knew he was good with money--we had a couple chats about the fact we both have 2 rentals--but I had no idea (NO ONE at the company did) that he was in this position.
+
+He put in his notice today. When pressed about where he was going or what was coming next he revealed 1. His house is paid off. 2. His car is paid off. 3. One of his rentals is paid off. He plans on living off his rental income, and some hobby income (he hopes to buy a letterpress and is also thinking about real estate drone videos).
+
+I was like "So you're basically retired?"
+
+Him: "Yes"
+
+Then we talked about how he plans to spend the summer at the beach and ramping up his interests--stuff he's wanted to do, but never had time for before.
+
+It was a really awesome day. Happy for him!
+I know, I know- the dates. The dreaded dates. I hate them, too. The endless, fruitless dates. Butt listen: the poop emojis (💩 for reference), the toilets, the butt stuff (looking at you, /u/Criand and countless freaks with a strange fascination for butts, engaging butts, inserting objects and food into butts and itchy buttholes), the “moASS”… Our beloved Chairman has a fascination with butt stuff, too. Take a look below:
+
+[Poo #1](https://preview.redd.it/lhrgm1rb88981.jpg?width=750&format=pjpg&auto=webp&s=c7f46940ee36dff01731eb308241bcb11632d826)
+
+[Poo #2. The most important of the five poos, in my opinion. Need more wrinkles on this one, unfortunately.](https://preview.redd.it/o17ebm9ra8981.jpg?width=750&format=pjpg&auto=webp&s=6d64b1a5524b8892a3b443945f0ca965294ad130)
+
+[Poo #3](https://preview.redd.it/bqduxvrwa8981.jpg?width=750&format=pjpg&auto=webp&s=4893f6d15302cd6c674cc3dd8e56e2991a8c46f1)
+
+[Butt stuff](https://preview.redd.it/028luf59b8981.jpg?width=750&format=pjpg&auto=webp&s=9760b3d7ce8b1da6adb7efbf9cdde765a6d424ac)
+
+[Indirect butt stuff](https://preview.redd.it/o7aonman88981.jpg?width=750&format=pjpg&auto=webp&s=d829385e566995d674799871000bcdfc346b3068)
+
+[Poo #4](https://preview.redd.it/9k5itsndb8981.jpg?width=750&format=pjpg&auto=webp&s=8774f890b93f509c6d3602bcf6c2b7e491155313)
+
+[Poo #5](https://preview.redd.it/3itvjrdhb8981.jpg?width=750&format=pjpg&auto=webp&s=72d23644d306de986f796fb1a578b99635cb8378)
+
+An important question must be asked at this crucial junction: what does it mean “to take a number 2”, again? That’s right. To poo. I don’t know why “taking a number two” means “to poo”, but I suspect it has something to do with “rhyming” poo and the number two. Ryan Cohen is a self-proclaimed rappist with a small pp. A “rappist” is a type of musical artist who “rhymes”. Dictionary.com has a great definition of “rhyme” for those who need it. It’s like when two words sound similar or some shit. Anyways, onto more important aspects of this God-Tier DD:
+
+[He is saying \\"l have a small wee wee\\" backwards](https://preview.redd.it/r7zzip5498981.jpg?width=750&format=pjpg&auto=webp&s=53e7dd7a42f884e1b5611184867a2ece61c8dcd1)
+
+Now this is the part where it gets a little complicated: the date 2/22/2022 would be poo/ poo poo/ poo poo poo. That is, 1 poo / 2 poo / 3 poo. 1 💩 / 2 💩 / 3 💩. Take a minute so that you can see it for yourself. There is one 2, two 2s, and three 2s. One, two three. But what do we see from the Twitter post that Ryan posted above? He's indicating that we have to read it backwards. 3, 2, 1 you see. Why is 3, 2, 1 relevant? That's the rocket ([🚀](https://emojipedia.org/rocket/) for reference) blast-off sequence for lift-off. nehoc nayr reverse uno: 3 poo /2 poo / 1 poo 0 poo blast off. \*MOASS\* 🚀🚀🚀 (I know this DD is complicated, but I'll elaborate more if needed)
+
+​
+
+[Oops \*moass\* my bad = \(s\) poo \*moass\* my bad](https://preview.redd.it/bzfp1zoti8981.png?width=1524&format=png&auto=webp&s=78110d3a3135e513475841b22c7044e36607da2d)
+
+Remember this tweet that was deleted? What's Oops backwards? Spoo. Poo. "My bad for spelling "poo" with an s as the prefix" was the original intention of the writers.
+
+2/22/2022 falls on a Tuesday. Tuesday. Tues Day. 2s Day. Poos Day.
+
+741. 7 4 1. The numbers 7 and 1 divided by the number 4. 7+1 = 8. 8 divided by 4? Poo. What do apes do? Fling their poo. At who? Hedgipoos. Why? Because hedgies bad. What happens to hedgies? 💩 hits their office fans. What happens when 💩 hits office fans? According to an experiment by the Mythbusters (solid DD), 💩 multiplies. 💩💩💩💩💩💩.
+
+Take our lovely catch phrase, "Can't stop, won't stop": oftentimes, in literature, repeats are done for emphasis. Can't **STOP,** won't **STOP.** Note how the word "STOP" is repeated two times. **STOP STOP.** Now, remove the **ST** from the word "**STOP**". **OP OP**. First of all, is it a coincidence that every shitpost is written by a person named "OP"? *Spoopy*. Now, take the first of the two OPs from **OP OP**, and reverse it. **PO OP. POOP.** *poop*\*\*.\*\*
+
+The word "POOP" is a palindrome, and I suppose the date should also align itself to be a palindrome if the palindrome theory is to hold water. Another way of writing the date, 2/22/2022 is 2/22/22 which is a palindrome. If not, 2/20/2022 is another valid date for the MOASS as stated by another wise ape in the comments should the palindrome theory hold true, but in my personal opinion, it's shit.
+
+Computershare. Come, poo turd share. (ape speak) Come share your poopoo. (English translation)
+
+Loopring. Loo pring. Loo = toilet. What goes in the toilet? Poo.
+
+Wu Tang Clan. Wu rhymes with poo.
+
+# If my thesis is correct, we should expect one more direct shitpost before the MOASS. One more poo post before the lift-off. This is not a drill.
+
+It’s not rocket science, people. This is a shitpost. Deuces ✌️
+
+# Cultural DooDoo:
+
+**According to a Koreant, dreaming of 💩 apparently means a windfall of money is due soon. Screenshotted evidence below:**
+
+[Screenshot for the DD](https://preview.redd.it/ayb2naqud8981.png?width=1182&format=png&auto=webp&s=7f4c27ef6399a6f75836c6bd18eb4c51648074ed)
+
+[Screenshot #2 for the DD](https://preview.redd.it/gk2luxixd8981.png?width=1212&format=png&auto=webp&s=275f7499ae1fb015217d618a5d6ed0f0be7a4014)
+
+**Our Chairman, being Canadian, will most definitely want to reconnect back to his roots. It turns out the poop emoji is the most used emoji in Canada (in the world). Spoopy Cohencidence..?**
+
+https://preview.redd.it/mi19deqynb981.png?width=1236&format=png&auto=webp&s=a233d5f37a55dc4318d26319b8cc5e0d74b636a5
+
+# Further research:
+
+​
+
+[Stay healthy, fellow apes. Check your poo to check your health.](https://preview.redd.it/y4rsnbnurb981.png?width=850&format=png&auto=webp&s=6950a753c8f15e3c0a45f6476175e25d5cfdf160)
+
+https://preview.redd.it/k7m5q7qzqb981.png?width=851&format=png&auto=webp&s=64e27956b3680eb751783df52f56ac419534764f
+EDIT:  u/serbeardless **brings up a good point. The float is now 30 million, not 26.5 million assuming we add the 3.5 million GME sold.**
+
+That would bring the math to \~50% on the example in my TLDR  
+ 
+
+​
+
+TLDR:
+
+I have calculated the lowest possible amount of shares that we own of the float. I guarantee it cannot be lower than this because I have purposely assumed some extremely bearish shit just to show that even doing shill-math-vibes that we are still holding onto a seriously yummy bag of tendies.
+
+Use this in the future should the FUD cloud your emotional sanity and judgement. This is the absolute lowest value for what Superstonk exclusive apes own.
+
+So..........
+
+If r/superstonk were the only group of apes on the planet who knew what was going on with GME, and within that group, only 75% of us actually owned GME (Gaussian Distribution xx ape majority at 50%). WE'D STILL OWN 55% OF THE FLOAT. Add r/Wallstreetbets \+ r/GME \+ Twitter + my dad + my girlfriend + my girlfriend's friend from her class who's literally never heard of reddit before, and MAN you have a seriously heavy soup of idiots going to Tendieland.
+
+\--------------------------------------------------------------------
+
+Okay so again, I had to make a lot of assumptions for this one so let's talk about those first. Please help me better my DD if you find anything, I'll update it live if there's any improvement I can do.
+
+​
+
+* Assumed only Superstonk apes are a part of the fight
+* Assumed only 90%, 75%, and 60% actually had balls enough to buy GME
+* For the Gaussian Distribution, I created 3 separate scenarios (thin, med, broad) for each situation
+* Float is 26 M still right? lemme know if that one changed lol
+* This one is a huge assumption: all x, xx, xxx, xxxx = 1, 10, 100, 1000. This makes it extra bearish.
+* I omitted "xxxxx+" apes just to make it even more bearish of a situation
+
+\-------------------------------------------------------------------------
+
+Here's my graph shit:
+
+https://preview.redd.it/kyhokpys18y61.png?width=1816&format=png&auto=webp&s=088850ba8992582e1b3f5e03a1cc2ed9323e6f3c
+
+So let's walk through the math real quick:
+
+275k people in Superstonk
+
+i created 3 scenarios:
+
+10% bot rate, 25% bot rate, 40% bot rate --> meaning that I assumed only
+
+90%, 75%, and 60% respectively own GME.
+
+Then I created a distribution column for each situation, making another assumption that the majority by now have xx (10) shares. Then I made a narrow, medium, and broad distribution, which shares the load a tad on each column.
+
+As you can see the absolute lowest amount of the float that our fringe group owns in a broad distribution is 43.3% and the max is 64.95%. Again this is math that is trying to make the odds as unfavorable as possible for us as to have ammo against FUDs. There. I just gave you the most FUD math possible and it ain't even bad. If we middle class idiots in Superstonk are the only idiots on the planet following this to the end of a cliff, we still have roughly 50% on our own. Now you toss in a few hundred xx,xxx and xxx,xxx apes JUST from Superstonk and Jesus Christ. We don't even need to stress about other communities HODLing, we're a pretty strong community as is.
+
+Hope this calms the team down for a bit, I look forward to battle with you all tomorrow!
+
+Be excellent!
+Yesterday, between 9:39AM and 11:20AM $GME went up exactly 10%, before immediately descending to it’s more modest EOD price. 
+
+If you’re not convinced that Citadel is brazenly manipulating securities as a Market Maker, directly to benefit it’s (supposedly fire-walled) hedge fund derivative contracts…well…you’re either the wrong type of regarded, or you work at the SEC and desperately need a coffee. 
+
+This is happening across every stock that Citadel is tasked with executing for retail traders every. single. trading. day. 
+
+Between PFOF, re-routed darkpool executions, strategic FTDs, and Market Makers actually being allowed to print synthetic shares “for liquidity”, is it any wonder that Citadel’s hedge fund can make overly decent returns? It’s literally cheating, and therein lies the conflict of interest for every market maker that simultaneously runs a private fund for themselves and their affluent buddies.
+
+Obviously, this is a fundamentally flawed concentration of power that has ruined any semblance of the markets ability to attain accurate price discovery. For the average American, let’s use the analogy of a sports betting agency you get to own. Your agency gets to determine the spread of 60% of all NFL games (because this represents the percentage of retail trades firms, like Citadel, get to execute). Additionally, your agency can alter the spread mid-game at any point, and apparently you can suspend further retail betting at your own discretion as well. Finally, and here’s the onion, you also get to bet on the games with your friends. Sounds great right!? However, where does the money that you and your friends inevitably ‘win’ come from? 
+
+I’ll tell you. Your profit comes from every single rube using your rigged betting platform. Because the majority of your users are either under the illusion that it’s a fair and legitimate process, or are simply apathetic/ignorant about your agencies practices to begin with. 
+
+However, this *is* the reality of the global stock market, and it’s also why Market Makers, who have a practical license to make money through high frequency arbitrage trading, exist. However, such firms should never have been able to branch out into privatised financial services like hedge funds. Simply, their power is already too great, and in a self-regulated financial industry, near impossible to police.
+
+It’s why the derivatives market dwarfs the actual market, it’s why capital formation among the wealthy grows larger, and it’s why any average person can get their pensions destroyed, their investments rug pulled, and their lifes work siphoned away by the undeserving. All because some greedy sociopaths have actually deluded themselves into thinking they’re beating the game through skill. 
+
+And that’s why hedge fund managers, like Douglas Cifu at Virtu Financial, are “lining up around the block” with other firms to sue the SEC into oblivion over its proposed restrictions to PFOF. Because, it removes one of the instruments by which they rig the market. Keep in mind, they would still retain a significant advantage over retail despite this change. But, it would be a great start.
+
+In my honest opinion, the whole system needs to burn, and I hope you’ll be dancing alongside me when the flames consume it entirely. Power to the fucking players.
+
+A TL;DR you say? 
+
+DRS and leave the fucking shit show. Fuck the SEC, fuck congress, fuck the oligarchs, fuck the old gods and the new. Get. the. fuck. out. from their rigged platform via ComputerShare.
+I’m selling a portion of my business portfolio. Expecting to get about $30M, give or take. Any thoughts on how to minimize the tax burden on the sale, or ways to defer it? I’ve started looked at a Deferred Sales Trust, but I’m wondering what other options are out there. I’ve got about $2M in annual income unrelated to the portion of the portfolio that’s being sold, and probably ~ $3M liquid, so I have no immediate need for the funds.
+I stumbled across this show on Hulu called "Struggle Meals" and it shows you how to cook food on the cheap. It uses things like sauce packets from fast food restaurants and food that is about to expire. Each serving is under $2.  It's worth a look if you're stuck home with not much food in your fridge.
+
+ [https://www.tastemade.com/shows/linear-struggle-meals/recipes](https://www.tastemade.com/shows/linear-struggle-meals/recipes)
+I’ve always known I’ve not really done much but I’ve just realised this year that I’m still such a child. 
+
+I’m currently a 24 year old student studying a masters degree. 
+My bank balance is currently £-1100 (student overdraft limit of £2000). That £900 is my rent until my next student loan. I get £30 a week from my 4 hour a week part time job. I have no savings. Can’t drive. No credit card, nothing. 
+
+I’m so shit at being an adult. I don’t know how to get out this mess. I feel like getting a part time job with more hours is clearly step 1 but I’ll be leaving this city soon (3 months). I also want to start applying for jobs in my career around now so that’s another obstacle. 
+
+The bank is gunna start charging me for this overdraft that I’ve now had for 3.5 years around September time.
+
+Does anyone have any guidance as to the steps I could take to get myself back on track? What’s step 1 from here? Thank you for any advice.
+I am an engineering ape, finance is not my background but I tried hard to understand this system well enough to make sense of u/atobitt 's Everything Short without being a total sheep.
+
+I have seen a lot of posts and comments asking about what the RRP is and why it's important. And also a lot of supremely Jacqued Tits. I am jacked too, but I'd like to give back some more to the community and hope it helps.
+
+I'm sure you have all heard that the Fed has been performing overnight reverse repurchase agreements to the tune of $500bn as of late, they're also known as ON RRP, or reverse repo's. I'd like to take a stab at ELIA. And also give some thoughts about what I think is happening - and who it benefits.
+
+Here it goes:
+
+\---
+
+The Federal Reserve is the bank for the US banks. Their job is to make sure the US dollar remains valuable and the US economy works in such a way that it supports the dollar. Some will argue the nuance here. *That means* ***the primary goal is to keep long-term inflation down***\*.\*
+
+​
+
+**The Fed has 2 tools to control inflation and keep the US dollar valuable: Federal Funds Rate (FFR) and Overnight Reverse Repurchase agreements (ON RRP).**
+
+The FFR is the interest rate banks should lend to each other, and is set by the FOMC (essentially the Fed). This is the interest rate banks pay to each other to loan money to each other.
+
+The ON RRP is when the Fed removes cash from the market in exchange for something else, in this case US Treasuries.
+
+​
+
+[https:\/\/fred.stlouisfed.org\/series\/RRPONTSYD#](https://preview.redd.it/ybx709xcwq471.png?width=2338&format=png&auto=webp&s=9373aa992f03262b2fa669e3dea4d7bbdbb2b1a3)
+
+​
+
+**Why do banks loan money to each other anyway?**
+
+They loan money overnight to help each other have enough liquidity to satisfy the fractional-reserve banking law. This law means you must have some percent of the money you hold in cash in an account with the Federal Reserve bank. The law states that you must satisfy an average amount of a 2-week average of overnight reserve. If you have a lot of clients that take money out of your bank today it can add up quick. In order to be a bank you must comply to regulations around fractional reserves, or how much money you keep in an account with the Fed. The Fed holds fractional reserve accounts for all banks in the US. Fractional reserves are the idea that if you have a bad day on the market, or something tragic happens you should be able to survive. *In the past, the US has been criticized for having too low of a reserve rate compared to more conservative banks, for instance the Bank of Canada.*
+
+An example:
+
+\- You receive $1bn from deposits on Monday
+
+\- You lend 90% of that $1bn on Tuesday to a prime broker (usually a subsidiary of your bank - they lend that out to other people like hedge funds and so on)
+
+\- On Wednesday your clients withdraw a net of $80million, but you only kept $100 million - so you now have $20 million dollars in cash. In order to comply to regulation you must find ($700 \* 10%) - $20 million. You must come up with $50 million dollars tonight so that you don't violate the law.
+
+\- On Wednesday another bank had a net surplus of $100 million dollars, and they can't really make much money on it unless they re-invest it. We've got a deal! Other bank loans you $50 million dollars at a rate close to the Federal Funds Rate (FFR).
+
+\- Other bank makes $50 million \* (FFR%), and you get to keep being a bank.
+
+This happens every night, with every bank - they all have ebbs and flows of cash, and they all need to remain liquid such that when you go to an ATM you can actually take your cash out - and so that they don't get denied their bank status and go out of business.
+
+​
+
+**How does the Federal Funds Rate (FFR) affect inflation?**
+
+Supply and demand! If something is "hard to borrow" it effectively means there is less of it - it's the same thing with respect to lending, that's why it's referred to as the money "supply" not volume of dollars.
+
+The lower FFR is the "easier to borrow" money is - meaning money worth less. When money is worth less, that means inflation is going up.
+
+The higher the FFR is the "harder to borrow" money is - meaning money is worth more. When money is worth more, inflation is going down.
+
+Prime rates, mortgages, car loans - virtually all lending rates depend on this supply / demand of money and therefore are all dependent on the FFR. That's why rates are sometimes described as (prime + x%) - because prime is what prime brokers will lend depending on the FFR. **During the pandemic the FFR was effectively 0%**. This allowed a lot of folks to get mortgages they may not actually be able to afford, in addition to some other really band lending that I will explain later.
+
+​
+
+**How does the Overnight Reverse Repurchase Agreement (ON RRP) affect inflation?**
+
+A similar relationship exists for the ON RRP.
+
+The more cash in the market, the less cash is worth, inflation goes up.
+
+The less cash in the market, the more cash is worth and inflation goes down.
+
+The ON RRP allows the Fed to take cash out of the market. The ON RRP happens every night, and if it stays high - it's kind of like a permanent withdrawal of the funds from the market. Right now, essentially the Fed is taking out $500bn from the market. This is supposed to be "temporarily" until the market catches up with the cash flow. Critics of the ON RRP say that the Fed should limit it's use because it can negatively affect participants.
+
+\- The Fed controls when to unwind the cash-flow and therefore can determine who is best positioned to take advantage of it when they do
+
+\- The Fed becomes entangle with the free market operations, making them a giant crutch for private entities that will no longer adhere to capitalisms laws (too big to fail mentality). Private entities who are not afraid to fail will gamble and gamble **big.** *Sound familiar?*
+
+**A phenomenon called "flight-to-quality"**
+
+This phenomenon can occur with the Fed performing ON RRP because participants will prefer to do business with another entity of high quality. What makes an entity high quality? T
+
+\- They give you good rates
+
+\- They give you good collateral
+
+\- They don't default with your cash on hand
+
+When the Fed goes into the market as a large borrower of cash - they become the highest quality lender that one can find. They give great assets US Treasuries. They cannot default. The only thing is that they are giving shitty interest rates, but who cares. If banks are worried about short-term stability they are not thinking about interest rates, they are thinking:
+
+\- How do I get out of this with out my money going down with another ship, i.e. without lending it to another bank because who knows what kind of shitty deals they made. Look at the ones I made! Holy fuck, Fed let me in!
+
+\- How do I get enough assets to leverage for my own (nefarious) purposes. More below!
+
+​
+
+Banks will choose to do dealings increasingly with the Fed, and less and less with each other. This is not a free market and it can have some very bad outcomes.
+
+​
+
+**Why is the Fed using ON RRP aggressively now?**
+
+They "printed" a lot, I'm talking 4 trillion dollars in 2020 - but obviously they didn't circulate it as currency. It's in the form of stimulus, forgiveness on loans etc.
+
+​
+
+[https:\/\/fred.stlouisfed.org\/series\/WALCL](https://preview.redd.it/l1b7kezxxq471.png?width=2330&format=png&auto=webp&s=0d01d30a591a5fcd7fcf291b3ed6a070329a9335)
+
+[https:\/\/fred.stlouisfed.org\/series\/TOTRESNS](https://preview.redd.it/oeiiosmbxq471.png?width=2322&format=png&auto=webp&s=9e25b4c4a8a5ca349d521ebfc2cfc795bdfc7d53)
+
+Michael J. Burry warned us about a thing called *hyperinflation -* which just means inflation but very fast. When you double the assets that the Fed has taken on in 1 year, that would generally mean to me that if inflation were on the way, it will happen in a fucking hurry.
+
+The Fed basically "printed" a shitload of money to keep the economy from crashing during the COVID-19 pandemic and in-so-doing created the blackhole of inflation we are witnessing them try to deal with now. The worst of it is, Dr. Burry predicted this ***before*** the pandemic, after it hit, it's not even a discussion, it will happen.
+
+What we are seeing now is the whiplash of the COVID-19 printing spree being turned off - and it turns out there are 2 main components - and they compliment each other.
+
+\- **The Fed is taking cash out of the market to prevent inflation** and prevent economic collapse, since all of the Fed operations are tied to mortgage backed securities and commercial mortgage backed securities as well as the value of the US dollar - they have to act. There is no world today in which the US is prepared to have the USD not back most other currencies in the world. There is no world today the US can reasonably handle another collapse of the MBS or CMBS markets.
+
+\- Banks (prime brokers) are taking US treasuries in exchange for their cash because they have too much cash and they over-lent to to participants with an extremely loose FFR. The extremely low rates would allow someone to leverage their assets incredibly high with very little interest or cost - this means 2x effectively cost the same as 20x for interest paid. Banks are now happy to accept US Treasuries on an ongoing basis to satisfy margin and other requirements for their participants to prevent them from being liquidated and taking huge losses.  *Remember that saying, "You lose $100, its your problem, you lose $100 million dollars it's your banks problem"*
+
+​
+
+**Example**
+
+\- You are a hedge fund, you get almost 0% borrowing fees from your prime broker on assets
+
+\- You are also a cocky asshole who has great track record, so 20x leverage is no sweat since you never lose. You take this ultra low interest rate and pay essentially what you were paying before the pandemic but for say 5x the exposure.
+
+\- You buy lots of blue chips (see later for more about this) and short the living shit out of some companies that are doomed to bankruptcy (that you've been in on this for years).
+
+\- Your short play backfires - increases 10x
+
+\- The COVID-19 borrow rates are gone and new rates on collateral are back to normal
+
+\- You can't afford the new 20x leverage interest / fees
+
+***- Your prime broker starts forking over collateral to you so that you don't get margin called and liquidated and lose all*** ***their*** ***money and your money***
+
+\- Your prime broker uses the cash that the Fed printed and they now have to get the collateral to use for your shitty deal, they give you US Treasury bills which can be used at extreme leverage
+
+\- US Treasury bills become extremely devalued, some other participants banked on that too
+
+​
+
+**The  aftermath of COVID-19 monetary policy**
+
+From Feb 2020 until now the Fed loosened monetary policy, lowered the FFR (inflation up!) and printed a lot of fucking money and in my opinion, banks and by extension their prime brokers over-lent to market participants in both the fixed income market (treasuries & MBS) and stonk market.  The Fed is now stuck doing permanent "temporary" ON RRP's until the market catches up to the money they printed, or a huge financial event happens.
+
+US Treasury bonds are getting fucked up.
+
+Banks are more evil than they have ever been.
+
+Too big to fail is the attitude for all these bastards.
+
+​
+
+**A run through of what the financial climate would look like and who would benefit (speculation last as usual)**
+
+\- Banks (prime brokers) who are responsible for acting responsibly (ya right) with the loose monetary policy set forth by the Fed were supposed to use the Fed "printing" money as a security measure; they did not. The monetary policy was supposed to be used to support average workers and businesses that would otherwise struggle to pay bills or stay alive during the hardship.
+
+\- Banks (prime brokers) in addition to using the loose monetary policy to provide help to average folks (they *did* and they *did* tout this all over) they used this rate to lend to hedge funds, other brokers, all borrowers.
+
+\- The borrowers took this ultra cheap rate and decided to go fucking buck-wild on the markets since the cost to borrow was so low they could leverage even higher **with rehypothecation - the compounding borrowing fees would still be tiny; or nothing if the FFR was 0%** or almost 0%. Leverage your tits 9x, 10x, 20x doesn't cost any more so of course they'll do it. Bill "Big" Hwang was just one of the borrowers who got slammed as the monetary policy was tightening and the big players didn't want to take a huge hit. (There are other factors here, but this is basic principles).
+
+\- Hedge funds and family funds in particular who have many special exemption from regulations took the opportunity to use the increased leverage in order to make big money. And I think they chose to do it **very strategically, through shorting smaller cap retail markets and business harmed significantly from a downturn like GameStop**, and through ownership of select consolidated "blue chip" big cap retail. i.e. scalping profit from the transition to online big cap retail with 0% interest paid
+
+\- Hedge funds and family funds would love to consolidate as much of the US economy (mostly retail) into a few of the biggest entities in the market: *the ones that each of them already have huge stake in.* It's no secret that many institutional holders like BlackRock, Vanguard, and Citadel own huge disproportionate amount of huge cap monopolistic retail companies. Think about which business would be allowed to remain open? Who would know about this when the governments were deciding what to allow to remain open? Who would know about it before it happened? Not too hard if you're sometimes known as the 4th branch of government - and as we know the financial market is incestuous. They all talk, money talks.
+
+\- Wal-mart, Costco, all the retailers who try to take business from local retail. **The biggest of them all got the biggest advantage of them all, Amazon - they never had to close at all.** The big players all had the same strategy, aggressively sell-short (even more!) those that were on the brink of survival before the pandemic, and pump the assets that are typically blue-chip or are positioned to take over the online retail spaces.
+
+​
+
+This was the biggest pay day ever given by the Fed for free - and like usual the tax payer is on the hook.
+
+​
+
+TL;DR - For the apes with shorter attention spans: Hedges are fucked. Banks are also fucked. Both of them are conspiring criminally to save their own asses. The Fed is complicit but probably not party.
+
+**Buy and hold apes these assholes are NOT too big to fail this time.**
+I thought it was just my own wish to become private aircraft pilot and owner. I'm 3 months into the flying training program near to my city.
+
+Please do share your private jet experience, opinion and cost of ownership or rental. Creating this new post in November 2021 because I'm hoping there will be fellas here who are the first timers. Thank you 🙏
+
+[https://www.cnbc.com/2021/11/26/the-rich-are-getting-richer-and-theyre-fueling-a-private-jet-boom.html](https://www.cnbc.com/2021/11/26/the-rich-are-getting-richer-and-theyre-fueling-a-private-jet-boom.html)
+The economic situation is incredibly tough right now, even on people doing moderately well (engineers, docs, lawyers). 
+
+Markets are down 10-12 %. Crypto isnt doing so hot. International markets are also down
+
+But the cost of everything is getting worse and worse. 
+
+I know gas can go up and down pretty flexibly but wages, food, cars, homes, pretty much everything is shooting through the roof. So while essentials climb, it feels like income streams/investments are falling
+
+When I look at yearly inflation charts, it seems like there really isnt any deflation except for <1% in 2008. 
+
+Is this really the new normal for commodities?
+I am curious what your thoughts are on this from a FIRE standpoint. 
+
+**My current job:**
+
+ - Great team and boss
+- Mostly stress free, semi flexible schedule
+- Average benefits
+- Great work life balance
+- Room to learn more but not necessarily move up (maxed out)
+- It’s mostly work from home. 
+
+All this is for about 110k, about ~20% below average. 
+
+I have opportunity to jump ship to a similar position for a ~25k salary increase, with slightly better benefits. The new job may have a commute of about an hour each way once a week (hybrid wfh). 
+
+I really like and enjoy my current job and have doubled my salary in 6 years, but realize that that I can’t hit the higher salary brackets without moving. 
+
+How do you decide when to risk the comfort and move? Specially from a FIRE standpoint? One can probably just “coast” but if it accelerates your FIRE plans by 5 years, is it better to take the risk? On one hand my job can be considered a “dream job” by many, but I can also be making 20-30% more.
+Hi AusFinance,
+
+Wasn't sure where to post this but saw someone else has in the past so I'm going for it. I was just scammed out of my laptop for $2,000. Basically, the guy came to my house, sent me a screenshot of the payment and then left with my laptop. Only after I left did I realise it was a scheduled payment, that he has cancelled (I know, very stupid of me, go easy on me it's been a long day haha). Anyway, I have since tried messaging him on Gumtree and he is now not replying.
+
+The only things I have on him are:
+
+\- In the screenshot of the scheduled payment, it has his BSB and account number, so I have those
+
+\- He also let me take a screenshot of his ID (which was a learner's permit), so I have the details of all of that. It was hard to verify whether it was him or not because he was wearing a mask. 
+
+I know I'm completely screwed here and was way too complacent in giving it over. I guess this was just my first time selling on gumtree and didn't know any better. BUT is there anything I can do with the information I have?
+
+If nothing else, I hope this can serve as a warning to people to be very careful selling on Gumtree :)
+I have worked in communications for the last 5 years and recently changed from one company to another (similar role). I quit my last job because the stress and anxiety was getting too much, and the demands were becoming too much (international company, night calls etc). At that company I'd worked my way up to $83K (base), then left for a new role of $95K (base).
+
+My new role is solely Australian based which is great as it means I have a more typical 9-5 day, but now I'm at the 6 month mark and can feel the stress piling up again and my passion for it just isn't there anymore. I am looking to change careers because I am realising it is just the communications field in general I no longer enjoy, but realistically with my mortgage I can't really earn less than $83K a year (base).
+
+Does anyone out there happen to work a fairly low stress job / industry that pays well? What industry or line of work are you in? I know I sound lazy but I just need something that pays well and doesn't stress me out to the point of anxiety. I have qualifications and I work hard, I just need something that isn't incredibly demanding and go go go all the time.
+
+Haha am I dreaming?
+NY - since earlier this year my landlord has been claiming that I didn't pay my rent for one of the months in 2020. I have rent auto-payment set up through my bank (Chase). So far, I've spoken to 4 people at Chase, and thus far they've only been able to provide me with an image of the check that they say was sent. They're saying they can't provide proof of when, where, or even *if* it was deposited, other than the fact that the funds were not returned to my account, which would have happened had the check not been cashed after 90 days. I sent the check image to my landlord, who says they have no record of that check. I don't know what my next steps are. As far as I'm concerned, I paid this rent like I have every other month, so it's not like I'm just going to cut another check for the same amount because my landlord said so. What else can I do, or who else can I speak to, to resolve this?
+Don’t want to over complicate anything. This approach seems fine to me. I’ll just contribute quarterly and continue buying individual stocks in my taxable brokerage account.
+Have been in the stock market since COVID, and have spent the past 2 years buying and trading options/shares. The last month or so I have been an official Theta Gang inductee and started selling options. I am still very new to selling, but am fairly knowledgeable about buying options, the Greeks, IV, etc. 
+
+So, let’s say I am somewhat bullish on $BBBY
+
+I want to sell a CSP on BBBY. I am looking to sell a 20p for 1/20/23. Right now the premium on this is $13.20
+
+If what I’ve been reading is correct, it would get assigned ASAP. I would keep the $1,320 premium, and own 100 shares at $20 a share. After the premium is applied, this would lower my costs basis to $6.80/share. 
+
+Could I sell immediately at the current price $8.20? And profit overall from the entire trade?
+
+I would make $1320 on the premium, and then sell my shares at a “loss” for $8.20 a share. $1500 - $820 = $680
+
+$1320 - $680 = $640?
+
+Am I missing anything here? I also could keep the shares if I’m bullish and don’t want to sell at that price. But with the premiums/IV being this high it seems like a profitable trade... right? 
+
+My main questions are...
+
+1. How soon after the trade will my shares be assigned?
+
+2. Do I get to keep the full premium?
+
+3. Is this a good idea? My risk tolerance is fairly high, especially for this trade idea.
+
+4. Am I retarted or should I go back to r/Wallstreetbets so you guys can keep selling me options?
+
+Edit: I now realize, that even though my put strike price is above the stock price, I won’t be assigned until the options buyer exercises it. Thanks to the people who helped.
+I bought my first multi-unit in Oct2020 as an owner occupied and plan to buy and move to another one in about 6 months. I have ~$40k in a HYSA earning about $15/month.
+
+Should I take ~$12k of that and max out my wife’s and my IRA’s for 2020 or hold it for the next property?
+
+I feel like I’m at a crossroads of how I’m going to fund my retirement and am not sure what to do. Have any of you been through this dilemma? Any advice you can share would be greatly appreciated.
+I'm looking to make my first real estate investment, preferably in a duplex. However, in my area of California, they range around $300k-$450k, so I'm a little worried about putting between $60k-$100k down for something I'm not too familiar with.
+
+* With your first property, what was its value and how much did you put down?
+* Also I know this is market dependent, but how much should someone put down (in terms of dollars, not percent down) for their first investment?
+   * I'm guessing it's "however much you're okay with potentially losing, and then some".
+**TL;DR:** Never get a credit report from a website other than annualcreditreport.com. There's no need to give anyone a credit report to schedule a tour of an apartment or house (Edit: unless you're in the fucking ludicrous SF Bay Area or apparently Germany). A rental agreement is not an "opportunity" someone gives you. Any URL that redirects to several different websites should raise all sorts of red flags. You should probably not "CLICK HERE" unless you've got things like Adblock and Ghostery installed.
+
+----
+
+I'm posting this as a sort of PSA. I think this Craigslist scam might be especially effective on the elderly and those first starting out.
+
+I contacted someone about a rental home on Craigslist that looked surprisingly affordable for my area but still not that unusual and seemingly aboveboard with pictures and everything. 
+
+This is the reply I received (biggest red flags are in bold):
+
+> Thank you for your interest in the property listed for rent. You were the second to reach out from the ad. The first prospective renter no longer had to move because of his home situation. **So we give the opportunity to you.** We just completed all new renovations and are now ready to rent with flexible terms. We will work together with you on move in date, lease security deposit and length. 
+
+> **I know you desire the precise address of the property but my husband does not want me disclose due to security reasons.** We have had a string of break-ins, squatters and thefts at our other properties. We want to avoid that with this property because of the renovations that have cost a lot of money. You will be the first to move in with the renovations. That is why **we want to confirm you have your updated report before we schedule a tour**. 
+
+> All utilities are priced into the lease along with garage parking spaces. The appliances in the kitchen and laundry room were just installed. You have the option to pick your paint color and flooring prior to your arrival.
+
+> **When you're ready to schedule an appointment to see the place, then please go to the link below to get your report. We recommend this site because all of our tenants used it and haven't had any problems. Just fill out the form and indicate that you want the report. We aren't interested in specifics of your report, it's more of a formality to ensure you have rental history. Simply get your report by CLICKING HERE** 
+
+> Remember, print out the report and bring it to the tour. Please let me know when you grab your report. I can then schedule you for a showing of the place.
+
+I was surprised by the quality of the writing, but not so surprised to see "CLICKING HERE" pointed to an extremely suspicious URL that ran through several redirects before landing on a "credit check" website that exists purely to steal your information and charge you a monthly fee for future credit reports. There's no reason why anyone would require a credit report from you to schedule a tour of a rental house or apartment, though your credit history may be checked during your leasing process.
+
+This scam had an added layer to it, in that the replying email address was different from the Yahoo one I contacted. It used a custom domain. Running some Whois searches, I found that these scammers have stolen a few people's identities and use them for a lot of their domain registrations, including a scam rental search site, a bunch of "privacy software" sites, and some "SEO services." 
+
+Stay skeptical, folks.
+I’m currently enrolled in CC. It’s working for me, I received a 4.0 last semester as opposed to an extremely low gpa my first semester of college at a university. I also get to attend school practically for free. Yet my main reason for wanting to leave is the pressure from my dad. I haven’t even finished my basics yet. He keeps stating that colleges won’t accept my credits which is false because the colleges that I have been admitted to has accepted all. Every college has and offers your typical basics so I don’t understand why it wouldn’t be accepted. 
+
+The biggest annoyance is that I receive no financial support even though he’s in a position to do so. His excuse is that “If you aren’t helping yourself then I’m not helping you, I won’t enable you.” He states that “I’m an adult (19) and that Im supposed to do things for myself.” He stated that I’m entitled. This is all very confusing because I know that I’m and adult but neither of my parents adequately prepared me for adulthood then blame me for being confused on some things or seeking help. 
+
+I didn’t receive financial support from him prior to turning 18 and definitely don’t receive any now. (He has the ability to help, just doesn’t). Not only thats since turning 18 I’ve been paying for everything myself. It’s very frustrating that he shames my decisions when he doesn’t help. I brought a car and he shamed me for that but what else could I do when I didn’t have any transportation and my other parent was basically controlling me due to no transportation. I’m paying for college on my own and this is what I see as the best decision right now. Why do people who don’t help you whatsoever have the audacity to judge you? Really I just believe he is embarrassed of my choices.
+Reading on Google, most say that this is for information purposes only and just says my contributions. Do I need to report this to the IRS? I already filled my taxes.
+I am a 20 y/o college student and want to start investing or saving my money for the future and retirement. I have no idea where to start. I know I am lucky and have a solid amount of money saved up already plus a Roth IRA I just opened. I'm not planning any major purchases in at least the next two years, so I'm looking for advice on how much to invest/save and where to put it.
+The perfect storm is brewing for Aion to become a leader in the crypto space:
+
+ 
+
+**1. AIONEX, EDCON & CONSENSUS 2018** conferences have introduced AION to more people, developers & institutional investors than ever before. Matthew Spoke's **[performance on Consensus Interoperability Panel](https://youtu.be/Yb5l5TxxqYY) with Ripple, Polkadot & Litecoin** [left everlasting reactions](https://youtu.be/m9w7GaSOwa4?t=1m50s) & received the only applauses at the end of the Interoperability Panel.
+
+**[AION's inaugural Dev conference AIONEX](https://youtu.be/xabjAh9tcl4)** at Toronto on May 02, had **650 attendees**. This is a record unseen by any other crypto's inaugural dev conference to date, compared to just [40 attendees at 1st Ethereum Devcon in 2014. And if Devcon grew to 350 attendees in 2015](https://news.bitcoin.com/ethereum-enthusiasm-devcon-interview-hudson-jameson), it's not hard to see that the next AION Dev conference attendance will be in the thousands.
+
+ 
+
+**2. Token Swap** from [Aion ERC-20 to native Aion coins](https://i.imgur.com/L77k7Zk.png) will soon be announced. The **[ETH-AION cross-chain bridge is already built & was showcased live on stage at AIONEX & EDCON](https://youtu.be/9RpXFt1wbe4)**, so it's only a matter of time before it's released.
+
+ 
+
+**3. US, Korean & Chinese exchanges** are clearly waiting for the Token Swap to take place before they list native Aion coins rather than Aion ERC-20 tokens, they don't want to painstakingly swap ERC-20 tokens themselves as seen in ICON's token swap delay that's taking exchanges about 2-months & still not accomplished.
+
+ 
+
+**4. AION team has grown to [60 in-house team members](https://i.imgur.com/YJr8E6O.jpg)** in 4 different Aion offices in North America, Europe & Asia and plan to grow to 100 people by EOY. This is extremely rare in the crypto space & can only be compared to less than half a dozen of massive platform projects like CARDANO & EOS. 
+
+ 
+
+**Aion GitHub** activity is continuously ranked in top 10 platforms on **[Darpal Rating](https://medium.com/darpalrating/darpalrating-github-audit-for-200-blockchain-projects-march-2018-3c6b839abdaa)** and **[CryptoMiso](https://cryptomiso.com/months_3.html)**. Github activity, along with commits quality, are important metrics that get overlooked all the time when people compare Aion to other projects based on number of telegram users. Ethereum & Neo never even had telegram... **Fat Protocol Ecosystems are not built by telegram hype but rather by worldwide Dev meetups & armies of developers that can build or contribute something that can change the world.**
+
+ 
+
+**5. AION PR & Marketing** are shifting into high gears now that the Mainnet is live. AIONEX, EDCON & CONSENSUS 2018 have put AION on the radar of the media. Matt Spoke is slowly becoming crypto's poster boy as seen on **[RBC's Disruptors Panel](https://youtu.be/M_TntY4n-QY)**. It's only a matter of time before the mainstream media finds out about AION.
+
+ 
+
+**6. AION is introducing Real Technological Break-throughs with the [first Cross-Chain bridge](https://youtu.be/9RpXFt1wbe4)** that completely moves tokens seamlessly between different blockchains using the Burn/Mint mechanism, unlike all Dapp platform projects since Ethereum that are still simple blockchain 2.0 platforms with no cross-chain capability or Atomic Swap projects that only transfer value between chains, but come with major limitations.
+
+ 
+
+Another important point that gets forgotten in the **Aion vs other interoperability projects** is that Aion is all these **[3 things at the same time](https://youtu.be/WEhsgldkE80?t=4m24s)**:
+
+* **I. Dapp platform with its own Virtual Machine**
+
+* **II. Router that transfers value & logic between networks:**
+
+      **. IF THIS** happens on blockchain A
+
+      **. THEN THAT** should happen on blockchain B
+
+* **III. Framework for Spoke chains that can scale infinitely to achieve unlimited TPS** (This will slowly render current single-chain scaling solutions futile & will put an end to their TPS arms race, as Dapps will want to scale & become interoperable & accessible to users of any network rather than isolated within one single blockchain)
+
+ 
+
+AION is increasingly recognized as the leader of Interoperability **—the holy grail of blockchain tech—** that will solve scalability, privacy & isolation issues to unlock the true potential of Distributed Ledger Technologies. ***"This is the internet, decentralized."***
+
+ 
+
+**7. METCALFE’s LAW** states that the value of a network is proportional to the square of the number of connected users of the system (n2). [This was proven repeatedly in the growth patterns of fat protocols like Bitcoin, Ethereum, Neo](https://www.sciencedirect.com/science/article/pii/S1567422317300480). Metcalfe’s Law favors interoperability projects even more, because **[Aion native tokens have utility](https://i.imgur.com/hqdppuf.jpg) far [beyond the main Aion-1 blockchain](https://i.imgur.com/ryLA7Yc.jpg)**:
+
+* Main Aion-1 blockchain
+
+* Inter-chain transactions on all bridges
+
+* Interoperable Dapps *(Dapps that are accessible to users of any network)*
+
+* Participating blockchains
+
+ 
+
+**8. Major AION Partners & Clients** like **Deloitte, TMX group (Canada's largest stock exchange), [Moog Space & Defense Group](https://www.financemagnates.com/cryptocurrency/innovation/us-defence-contractor-moog-integrate-aions-blockchain), Vodafone, TD Bank, etc...** are slowly [moving their blockchain infrastructure to AION blockchain as they announced at AIONEX conference](https://youtu.be/tfR7aixh1MM). This is taking place & growing the AION ecosystem while other Dapp platforms are rushing to parade their new Dapp ICOs that have little to no legitimate need for blockchain tech in the first place, but were rushed to launch ICOs to simply boast their Dapp numbers & suck more ICO funds from unsuspecting investors.
+
+ 
+
+**9. Future Partnerships** will be relatively easy for AION to acquire given AION team's role as a **[founding board member of the Ethereum Enterprise Alliance](https://i.imgur.com/uQOEm4o.jpg)**, with the likes of Microsoft, Intel & JP Morgan (not just a regular EEA member like most other crypto projects) & the [Blockchain Research Institute](https://www.blockchainresearchinstitute.org/members). 
+
+ 
+
+Aion cofounder Matthew Spoke has also strong credentials as the **[Fintech Advisor for the Ontario Securities Commission](https://news.ontario.ca/mof/en/2017/10/ontario-improving-the-delivery-of-financial-services-technology.html) & [Ministry of Finance](https://us.money2020.com/speakers/matthew-spoke)** and as a [cofounder of the Muskoka Group along with the Tapscotts & Ethereum cofounder & ConsenSys founder Joeseph Lubin](http://www.muskokagroup.org/group). 
+
+ 
+
+Not to mention [Aion's unmatched advisory board from TMX group VP & Board of Directors](https://aion.network/team) and connections to Ethereum cofounders; Anthony Di lorio, Joeseph Lubin, Vitalik who's an advisor to Nuco.io & his father Dmitry Buterin who's an [Angel investor in Nuco.io](http://www.buterin.com) the company building Aion.
+
+ 
+
+**10. The TRS is coming to an end soon;** however, the end of the token release schedule will slowly **starts to get priced in long before the last release** of Nov 2018; the date after which no more Aion will be released to public ever. Only mining/staking rewards will continue thereafter. 
+The TRS also helps AION market cap climb up the MarketCap list with every release, adding to the increasing visibility & exposure that AION is getting.
+
+ 
+
+People have seen what happened to fat protocols like Ethereum, Neo & Cardano, but it takes a special breed of people (and a bit of luck) to foresee why AION network interoperability will have a much bigger growth & impact potential on the entire crypto space. *(This is not a financial advice. DYOR.)*
+I think it's important we have this discussion to bring people back to reality.  Much like alot of people here, I am a January ape and have been deep into the DD and discussions for months now, and with u/criand's post yesterday, I think it's time we have a discussion. And of course, this is not financial advice, yada yada...
+
+For anybody who missed it, here's the post I'm referring to. Read it **multiple** times, this is **THE MOST IMPORTANT DD aside from HOC** that has been posted on this sub:
+
+[https://www.reddit.com/r/Superstonk/comments/o0scoy/the\_bigger\_short\_how\_2008\_is\_repeating\_at\_a\_much/](https://www.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/)
+
+Now, for awhile we've speculated that GME will moon when the market crashes, but for a long time now, I think we've been looking at it the wrong way. **The market will not crash BECAUSE of GME, the market is doomed to crash ON ITS OWN and GME is the best hedge against the crash you could possibly buy.**
+
+Everyday we have a new post speculating what rule is going to be the catalyst or what Ryan Cohen can do to set off the MOASS, but this was never going to be the case. Don't get me wrong, I am a HUGE fan of RC and what he's doing for Gamestop, and fully believe in his vision moving forward, however, he is there to do what is best for GME. **Setting off the MOASS is NOT what is best for GME.** IMO Ryan is being the smartest ape he can be by keeping his head low, keeping his cards close, and making power moves to keep himself out of the spotlight until the MOASS is over. **Can you imagine the lawsuits Gamestop would incur if something they did set off the MOASS? IT COULD EVEN END THE COMPANY BY DROWNING THEM IN LITIGATION.**
+
+"But u/fakeasian, if RC doesn't set off the MOASS, surely it'll be one of the rules they pass, right?"
+
+**WRONG.** We're foolish to think that any of these rules are for our benefit. These rules are being created to make a blast shield for the shitshow that's about to occur when the market crashes and to prevent another MOASS from happening in the future. The post I linked goes into detail about this, so if you still haven't read it, even though I told you to, GO FUCKING READ IT.
+
+**THE MOASS WAS ONLY AND WILL ONLY OCCUR WHEN A HEDGE FUND GOES UNDER AND IS FORCED TO COVER.** There, I said it.
+
+**THE GOOD NEWS** is that we are ABSOLUTELY doing damage. We know they're bleeding and getting more desperate and if u/criand is right, shit is about to hit the fan when all those commercial loans are allowed to default on June 30th. I know we don't talk dates, but the market is clearly freaking out and the powers that be know this is coming because of all the rules they passed to shield themselves. **ALL IT WILL TAKE IS ONE HEDGIE TO GO UNDER, BE FORCED TO COVER, AND THE REST OF THE DOMINOS WILL FALL.**
+
+​
+
+**TL:DR**  I've gotta say that the last 6 months have been the most fun I've ever had on the internet and I love all you guys but **IM FUCKING TIRED.**  I know I cant be the only one, and I'm just worried about apes, especially new apes getting burnt out when we're really close to the end. **THERE IS NOTHING ANY OF US OR RYAN COHEN CAN DO TO START THE MOASS. WE NEED TO JUST WAIT PATIENTLY UNTIL HEDGE FUNDS BLEED OUT AND GET LIQUIDATED, THEN IT'S GAME ON.** The thesis remains the same.  They can't bring the price down if we continue to buy and hold. Just keep a level head, breathe, be patient, and most importantly, **BUY. HOLD. JACK YOUR TITS. WE ARE IN THE ENDGAME (AGAIN).**
+
+​
+
+EDIT: For those of you saying RC has a fiduciary duty to the shareholders, you aren't wrong, but they've already done their part. RC came in and ensured that Gamestop isn't going under and raised a buttload of capital to make moves with. **THIS WAS THE START OF SETTING OFF THE MOASS. If RC didn't step in and save GS from bankruptcy, we wouldn't be here right now.** RC has done his part, now we just need to buy and hold until a hedge fund bleeds out and is forced to cover.
+Hey guys, I hope everyone’s doing well!  I've had the privilege of working with some of the most talented entrepreneurs I've ever met during the last few months. And they have thaught me at least as valuable mindset as our beloved mark Douglas.
+
+And by talent, I don't mean their ability to master a specific task, but rather the ability to acquire specific knowledge and expertise in specific areas.
+
+​
+
+Please bear with me because this isn't going to be about any trading plan or anything. 
+
+​
+
+I've always believed that I had the correct mindset for trading and life in general. But it has recently occurred to me that I could not have been more wrong. Although having the ability to generate profit through trading has been a blessing, I've still battled the desire to scale up and become FINANCIALLY INDEPENDENT ASAP. 
+
+And since I can usually take more from the markets than I give, I've wondered why I'm not already a millionaire. Isn't this ridiculous mindset, righ? That's what I'm thinking!!! But why am I still fighting this inside my head? 
+
+​
+
+Well, trading-related social media has managed to skew my financial perspective. Not only trading stuff, but entrepreneurship in general has been romanticized to the point where I've been convinced that I need to succeed in a few years or else I'm doing something wrong. And I've always thought that the social media is bullshit and I'm not falling for it.  
+
+​
+
+And while working with these two brilliant entrepreneurs, I was able to pinpoint the source of all of this awful thinking. What I was missing was the right mindset regarding  REPETITION. Underestimating the value of repetition and thinking I could achieve things without FIRST repeating it more than the other 99% of fellow traders. And this takes time.
+
+​
+
+”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” 
+
+​
+
+And for me, this has been the missing piece of the puzzle. I was naive enough to believe that because I've tried dozens, if not hundreds, of different trading strategies, I must be an expert. Sure, it's helped me observe markets from different perspectives, but it doesn't mean I'm good or capable of exploiting them.  
+
+​
+
+It's no coincidence that many wealthy people struggled in their twenties, and I'm sure in saying that when you look around you, the majority of the wealthiest people around you (those who became wealthy through their own efforts) aren't youngsters. What do you make of this? 
+
+​
+
+First work your ass off without expecting anything in return, and when you do, don't assume it's enough of practice. People that succeed do not believe that everything they do has to make money right away. And they certainly don't believe that achieving the first goal is enough. They want to repeat the same actions over and over until they know it like the back of their hand once they are able to start adapt it. And this is just like a trading strategy.  
+
+​
+
+First and foremost, I want to express my gratitude for anyone reading this far into my confusing and messy writing. And to sum up this, live your life to the fullest and don't be afraid to do the same things over and over again. It's not supposed to be pleasant or simple, but learn to appreciate it nonetheless.
+As most of you probably don't remember, I used to show potential setups on pairs which I did for a couple Saturdays a couple of months ago. However, it actually turned out to be a lot of work and with my busy schedule I just couldn't consistently put out posts since I usually had to spend 4-5 hours of my Friday night working on those posts. Recently someone on this Subreddit sent me a message saying they wanted me to put out more posts and I had some free time tonight so I decided why the hell not. I'm currently working on a little project (not really little) that involves exclusively trading EURUSD. Since I have to meticulously break down EU every week for this project I thought I would just put out my notes on a weekly basis since it's pretty much very little extra effort on my part. Even if nobody reads these posts I guess I could just use it for cataloguing my ideas and writing out my thoughts will probably actually benefit me so I guess It'll be beneficial for me.
+
+Let's get into it then.
+
+​
+
+[EU Weekly](https://preview.redd.it/4y2v7r0e7tq51.png?width=1253&format=png&auto=webp&s=98bc6eb672e7b4697a72a859ce622cd2b1ac5a00)
+
+Looking at the weekly chart you can see that EU looks like it bounced off a prior zone which had acted as prior support and resistance since back in 2003.
+
+​
+
+[EU 4-Hour](https://preview.redd.it/cpd16kd3atq51.png?width=1253&format=png&auto=webp&s=6efb04c4ec1a14f460a8581354d723efab3178cc)
+
+Looking at the 4 hour it looks like EU produced a H&S pattern at that strong level we saw on the weekly chart. We also recently the neckline and rejected it meaning we have good reason to believe it'll continue to fall. Also take notice how we received a near perfect bounce from that 38.2% Fib level. I know some of you view Fib levels like they're meaningless but I love using Fib levels. I'm going to look for shorts going into next week on this pair unless it breaks the neckline back to the upside which would nullify the H&S.
+
+[EU 1-Hour](https://preview.redd.it/k8kk6uzmktq51.png?width=1253&format=png&auto=webp&s=51b2742f810eb12042c27d6edf7e7b4efa45a707)
+
+Looks like we got another head and shoulders pattern forming at the neckline of the previous head and shoulders pattern I drew on the 4 hour chart. If we can get a neckline break, retest, and rejection you should have a golden trading opportunity on your hand. One more thing I want you to take a look at is that blue ray I drew in. That's the the price which the monthly candle opened at and price went up to test that level quite a few times so I have a sneaking suspicion that this level will play an important role in the future so keep it an eye out on it as the month progresses. Also the head of that H&S pattern aligned up really well with that 61.8% Fib level. 
+
+If we reject the neckline of the 1 hour H&S then I could see price going down to test that low at around 1.613 which is where you may want to be careful as price will probably create a double bottom and bounce back up. I'll explain more on why I think we'll get a double bottom as opposed to a break. If we get a strong bearish break through that level then the next area to keep an eye on is 1.500 which has a prior resistance zone there and it also acts as a psychological level. This means it's very likely we could get some kind of bounce or pullback beginning at that level but I don't really see price reaching that area this week so we can come back and revaluate the situation next week assuming we don't get strong bullish pressure on EU which nullifies all these confluences. If that happens I'll probably be back in the middle of the week and provide an update on my outlook for EU.
+
+All my technicals make me confident of a EU short however the equity markets are making me quite nervous. If the feds decide to keep rallying the stocks then the SPX will continue to go up causing the Dollar to lose strength which is actually a very likely possibility. The S&P500 seems to have been rejected from the high from the pre-Covid drop meaning we could potentially see a drop here.
+
+​
+
+[SPX500USD 4-Hour](https://preview.redd.it/zjm1asakttq51.png?width=1223&format=png&auto=webp&s=b22a995d6985a2331888f11784c59133af449eb3)
+
+Looking at the SPX, it looks like it retraced back to the 50% Fib level from which it got rejected from which suggests it'll drop a bit more but also keep that range I drew in your head.
+
+Let's head into fundamentals which is everybody's favorite topic. Heading back to the SPX we are at an extremely critical level where the entire market is watching for the stimulus package and/or the election results. Until we get either of those events to occur I don't think the SPX will break 3400 or 3200 and we'll just trade in a range between these two values. If/when the stimulus gets passed then I'm extremely confident it'll give SPX the juice it needs in order to break that 3400 side and continue the rally. If we don't get the stimulus then the election results will determine which range side will break. If Trump is re-elected then we'll take out the 3400 side. If Biden wins then we'll break the 3200 side. Due to this range, EU will also probably range which is why I stated earlier that EU will probably create a double bottom at 1.613.
+
+These are just a couple of my thoughts that I paraphrased here but at the end of the day don't get stuck up on predictions and remember to be reactive to whatever happens. There's a chance that every single word I said will get nullified by first Asian session so remember to be adaptive. Feel free to call me a complete idiot if you feel like everything I just said is ridiculous.
+I couldn’t think of a better/ less nefarious title, so sorry about that. 
+
+I’ve always been interested in if big donations to charities, politicians, universities has helped anyone grease the wells, for lack of a better term. Nothing illegal of course, but you always hear about someone giving $20k to a big city mayor, the and then that someone’s kid gets a $80k/yr job doing diddly. I guess another example is buying into a country club or long-standing city club, and using connections there to help oneself or their family get ahead in life. 
+
+Have you ever used money to exert some type of social influence, and if so, what do you think was the best dollar for payoff? 
+
+And again, really hope this doesn’t come across as too crass.
+My wife and I are both professionals with professional school debt and a mortgage on our home. We have a perfect four month old daughter who is scheduled to start daycare in a couple weeks.
+
+I make right around $100k/year. My wife makes about $65k/year. We both have amazing retirement benefits.
+
+She's madly in love with our daughter and has made it very clear she doesn't want to go back to work. It's very sweet, but I'm worried it is a bad financial decision. I've crunched the numbers and we could do it. It'd be really tight, and we'd have to give our Roth's and other savings considerably less until our school debt is paid, but it could be done.
+
+But to be honest, I don't think I want to take the life style hit. I want to take our family to Disney World, put my girl in private piano lessons, and maybe even save for private college. And I don't think my wife realizes the sacrifices we would have to make to get by on one salary. 
+
+Any advice about this Reddit? How should I be approaching this? How should we make this decision? 
+
+Thanks for any help!
+
+EDIT:
+
+Can I edit a locked post? Thanks all for the help. This is a tough call, I love and respect my wife and my child, and there's a lot to go in to it. To all the trolls saying, "poor baby, you make a lot of money." I get it. I'm very lucky to have these sorts of problems. This is a tough decision and I'm taking it seriously.
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
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+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+I made a [post earlier](https://www.reddit.com/r/Superstonk/comments/sk8e4v/last_time_this_happened_was_jan_2021_gme/hvmlqdm/?context=3) to help a DD writer get more visibility about Utilization and DRS having a Massive impact against Shorting Hedge Funds (SHFs) ability to continue their shenanigans on $GME.
+
+But soon after u/ScreechPower asked what happened to the author? As if they disappeared..
+
+​
+
+[They switched out the author.. what kind of sorcery is this?](https://preview.redd.it/zerhx244mwf81.png?width=758&format=png&auto=webp&s=465f2ddbc100ee31b3f854f66baa4142c0813cf1)
+
+Here's a link to the due diligence post about Utilization which was ORIGINALLY created by u/Cataclysmic98: [https://www.reddit.com/r/Superstonk/comments/sk0ygr/gme\_share\_loaning\_utilization\_is\_an\_important/?utm\_medium=android\_app&utm\_source=share](https://www.reddit.com/r/Superstonk/comments/sk0ygr/gme_share_loaning_utilization_is_an_important/?utm_medium=android_app&utm_source=share)
+
+The new author is some shill that they planted (who has the power to change post authors?), perhaps to **boost up the Shill account's karma** so it can spread more FUD against the community. I wish I had backed up the post or screenshotted it (which I typically do, but I won't make this mistake again).
+
+**Shills will claim** u/Cataclysmic98 **wasn't the author, but I know she is, and MANY of you have seen it because apes always verify author credibility. Please comment below if you saw her name before they planted the new author. I have reached out to OP but she does not want the spotlight in fear of retaliation.**
+
+u/Cataclysmic98 has been CAUSING a ruckus by providing quality posts, seriously go LOOK at her post history (like this one with [Charles Gradante w/ 50,000+ UPVOTES](https://www.reddit.com/r/Superstonk/comments/rww52i/wall_street_veteran_charles_gradante_calls_out/)). Heads up: you may need to refresh twice for the REAL posts to load. After finding out, I clicked on her post history but it was pulling up old, low vote-count posts until a second refresh fixed it. Make Streisand effect work apes. Give her a follow to get the latest scoop.
+
+Either the mods are complicit and/or Reddit is involved, either way, UTILIZATION shows we are approaching 90% meaning SHFs are running out of shares for shorting and DRS is the key to unlocking MOASS: YOUR FINANCIAL FREEDOM.
+
+​
+
+[Utilization approaching 90% and the last time it was up this high was in Jan 2021 for the sneeze](https://preview.redd.it/homjw3mgpwf81.png?width=975&format=png&auto=webp&s=8cb1515e574d123a0d79fba9209ebaf8bf0e94a6)
+
+# What does Utilization mean?
+
+The utilization rate is the number of shares borrowed divided by the number of shares that institutional investors are willing to lend.  A higher rate indicates that more of the supply of shares in the securities lending market is being borrowed.  A higher utilization rate also increases the likelihood that short sellers could face a buy-in if investors recall their loaned shares.
+
+In January 2021, Gamestop utilization hit 100% which meant there were ZERO shares left to short.
+
+Here's a tweet from Michael Burry when utilization hit 100% (has occurred a few times in $GME history and always caused a RUN-UP) and he tried to recall his shares back from the brokers:
+
+​
+
+[Michael Burry tweet trying to recall his lent-out Gamestop shares when utilization peaked](https://preview.redd.it/tmpi4rplxwf81.png?width=744&format=png&auto=webp&s=f005380f18406b496463538ea8af50ce33649313)
+
+At the current rate, DRS is permanently removing shares from DTCC at an accelerated pace which does not allow brokers to continue rehypothecation with synthetic fake shares. So SHFs have resorted to shorting entire ETFs like $XRT and playing a dangerous game by purchasing weekly Put walls, but it won't last. The next Gamestop Quarterly report will reveal how much closer we are to locking up the entire float with DRS.
+
+# TLDR; The Mother of All Short Squeezes is coming and it will be glorious. This time will be different from January 2021 because DRS is removing shares from the float, away from the DTCC/ending synthetics, and is squeezing SHFs with increasingly high borrow rates. Also, DOJ is moving in on shortys with FBI issuing subpoenas. 
+
+​
+
+[get rekt](https://preview.redd.it/oopv4ogp0xf81.png?width=416&format=png&auto=webp&s=f1a918a56cd19613490105e7edafd481783a553f)
+
+Tick tock motherfucker. No cell, no sell. 
+
+BUY, HODL, DRS, EXERCISE OPTIONS ITM, & LOCK THE FLOAT.
+
+💎🙌🚀
+Hey Tards, been an interesting fortnight.
+
+​
+
+Shits gone up, down and sideways on the Markets, the Bears are starting to get a little restless on the sub and the Olympics are in full sway................................
+
+​
+
+Look, to be honest I'm drawing a bit of a blank here, doing the fortnightly updates is getting a little challenging. Its always nice to keep you folks up to date, but I think its time to mix these **Update/Bet/Ban** posts up a little.
+
+​
+
+Variety and the spice and all that....
+
+​
+
+So, for the next few months you'll see some different folks posting this little collection of degeneracy, users who have put in the hard yards over the last 18 months will be approached to punch out a single **guest spot** in the Bans post timeslot.
+
+​
+
+*(Same rules still apply re: tagging* ***mods*** *for bets etc.. Our guest posters will be provided all the bets/links to put into their post..)*
+
+​
+
+Stay tuned for installment number one next time round, our first guest user will be throwing down their version of this regularly scheduled program..........
+
+​
+
+​
+
+**UPDATES**
+
+​
+
+​
+
+\- Shitload of good **DD**, legit discussions and even some Mr Squiggle posts, u/WowVeryJosh, u/Nevelo, u/tacomaster33, u/phlanoe, u/leapietope and many others have all provided solid contributions over the last fortnight.
+
+​
+
+\- Shout out to u/MissCalculate who, in a flash of alcohol fueled creativity, has spawned the inaugural  [R/ASX\_Bets Olympics](https://www.reddit.com/r/ASX_Bets/comments/oqr9ns/asx_bets_olympic_games/?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/ChZakalwe has provided us with graphs and shit for an opinion piece on the sub, with the dissection [Part 1](https://www.reddit.com/r/ASX_Bets/comments/opy390/sub_dissection_a_crosspost_because_im_bat_shit/?utm_source=share&utm_medium=web2x&context=3) & [Part 2](https://www.reddit.com/r/ASX_Bets/comments/oqkpkb/sub_dissection_part_2_one_step_away_from_the_zoo/?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- Congratulation to u/YourDadsHung and their first [Double bagger](https://www.reddit.com/r/ASX_Bets/comments/opw5b9/i_cured_my_autism_first_double_bagger_ever_sold/?utm_source=share&utm_medium=web2x&context=3).
+
+There is definitely a joke somewhere in here if you conflate the username and the post title, I just can't find it...
+
+​
+
+\- There has been a good run of Shit-posting, u/Blisser_the_Sniff and their [heartwarming little shitpost](https://www.reddit.com/r/ASX_Bets/comments/op5zxk/barry_vs_ucatch10110/?utm_source=share&utm_medium=web2x&context=3), u/ewanelaborate and their [List shitpost](https://www.reddit.com/r/ASX_Bets/comments/op0o54/the_list/?utm_source=share&utm_medium=web2x&context=3), u/Nevelo and the [Drop-Bear shitpost](https://www.reddit.com/r/ASX_Bets/comments/onx2fe/market_drop_bear_has_had_a_taste_of_your_greens/?utm_source=share&utm_medium=web2x&context=3) plus a bunch of others.
+
+​
+
+\- u/EvilDanish96 created a [stonk analysis spreadsheet](https://www.reddit.com/r/ASX_Bets/comments/onu31n/stock_analysis_spreadsheet_w_international_support/?utm_source=share&utm_medium=web2x&context=3) for y'all.
+
+​
+
+\- u/GeoSciFi provided the group with a coping/therapy/confession thread on [Everyone's worst Dogs](https://www.reddit.com/r/ASX_Bets/comments/onrwoh/whats_everyones_worst_performing_stonk_as_of/?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/Mutated_Cunt has produced the next edition of their [Next Investors exposure series](https://www.reddit.com/r/ASX_Bets/comments/ol9exx/a_cuntitative_analysis_of_the_next/?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+​
+
+**NEW BETS**
+
+​
+
+​
+
+\- u/Banana_CS has dipped their **TOE** in the betting circle, claiming that the afore mentioned ticker will [Touch 10c](https://www.reddit.com/r/ASX_Bets/comments/otn4ot/why_you_should_dip_your_toe_into_toro_energy/?utm_source=share&utm_medium=web2x&context=3) prior to Christmas or its a year in exile.
+
+​
+
+\- u/ChalkyAus says the good ship **LKE**\-tard makes a market sensitive announcement before August 10th or they will take a [Fortnight off](https://www.reddit.com/r/ASX_Bets/comments/osy9zy/market_open_thread_for_general_trading_and_plans/h6skxyq?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/Mutated_Cunt will take a [2 week ban](https://www.reddit.com/r/ASX_Bets/comments/opq5wb/market_open_thread_for_general_trading_and_plans/h67igcu?utm_source=share&utm_medium=web2x&context=3) if **AJX** doesn't announce a Cap Raise before **Sept 3rd.**
+
+​
+
+\- u/Apotheosis will take a [1 month ban](https://www.reddit.com/r/ASX_Bets/comments/ojzob5/premarket_thread_for_general_trading_and_plans/h55lslt?utm_source=share&utm_medium=web2x&context=3) id the **FMG** dividend is below **$2.10**
+
+​
+
+\- [*u/reecej\_nz*](https://www.reddit.com/u/reecej_nz/) *and* [*u/cheebaihai*](https://www.reddit.com/u/cheebaihai/) had a long term bet running with [*The JXT price on July 31st.*](https://www.reddit.com/r/ASX_Bets/comments/lf7455/daily_thread_for_general_trading_and_plans_for/gn1ab54?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+\- u/cheebaihai upped the ante on the above bet too, claiming that if the lost they will [shove a gummy bear up their nose with a shot of Gin](https://www.reddit.com/r/ASX_Bets/comments/nvi5wu/market_open_thread_for_general_trading_and_plans/h13nvdc?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- Another ~~victim~~ punter has hopped aboard the **IVZ** express, u/Mast3rfinish25 coming in with a bet that it will [Touch 30c](https://www.reddit.com/r/ASX_Bets/comments/nx1kwt/ivz_30c_by_end_of_july_or_3_month_ban_putting_my/?utm_source=share&utm_medium=web2x&context=3) before July 30th or its a month in r/ASX_banned.
+
+​
+
+\- u/Prosciuttoz bet the ASX would [finish green](https://www.reddit.com/r/ASX_Bets/comments/on9k55/premarket_thread_for_general_trading_and_plans/h5r1m6h?utm_source=share&utm_medium=web2x&context=3) earning themselves a week in ban land
+
+​
+
+\- u/ChalkyAus bet **LKE** will have touched $1 by Australia Day 2022 or they'll mow the lawn of another member [within Bris-vegas city council](https://www.reddit.com/r/ASX_Bets/comments/onxncw/premarket_thread_for_general_trading_and_plans/h5x9sum?utm_source=share&utm_medium=web2x&context=3) with a backup [donation](https://www.reddit.com/r/ASX_Bets/comments/onxncw/premarket_thread_for_general_trading_and_plans/h5xdiqw?utm_source=share&utm_medium=web2x&context=3) if nobody wants to tell some random from the internet where they live.
+
+​
+
+\- u/SunkDestroyer successfully bet a month's ban **LKE** would [finish green](https://www.reddit.com/r/ASX_Bets/comments/op25b3/market_open_thread_for_general_trading_and_plans/h62je5t?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/SunkDestroyer tried to go 2 for 2 again betting **LKE** to be green, [however failing](https://www.reddit.com/r/ASX_Bets/comments/op9dz2/premarket_thread_for_general_trading_and_plans/h66sq92?utm_source=share&utm_medium=web2x&context=3), resulting in a 2 month time out.
+
+​
+
+\- u/itsdankreddit is at it again, this time betting that RNT will touch 14c by Friday or [its a week in Plucky land](https://www.reddit.com/r/ASX_Bets/comments/or7juf/premarket_thread_for_general_trading_and_plans/h6is2j3?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+​
+
+**BANS**
+
+​
+
+​
+
+\- u/Catch-10110 engaged in an [epic battle](https://www.reddit.com/r/ASX_Bets/comments/oom5vd/premarket_thread_for_general_trading_and_plans/h5zfnjz?utm_source=share&utm_medium=web2x&context=3) against the use of the term Barry.
+
+Barry won the day resulting in a 9-week absence.
+
+​
+
+\- All the bans from [Last Time](https://www.reddit.com/r/ASX_Bets/comments/okyum2/post_purge_blues_coward_fucks_and_a_bet_with_a/?utm_source=share&utm_medium=web2x&context=3) have been handed out.
+
+​
+
+\- u/kooksy_monster has requested a [self imposed exile](https://www.reddit.com/r/ASX_Bets/comments/otedu6/delegate_to_me_ya_dirtiest_ban_mods_monster_is/?utm_source=share&utm_medium=web2x&context=3).
+
+We will miss the original dole bludger but fear not, I have a feeling you'll see them return to glory...
+
+​
+
+\- u/thefootofleonidas has also requested self imposed exile. Something about breaking the addiction...
+
+​
+
+\- A bunch of the retards above lost their bets, their all banned too......
+
+​
+
+**TLDR**
+
+​
+
+Η επόμενη απαγόρευση ανάρτησης ανήκει στο μεγάλο βόειο κρέας
+NW: $9.5m (investments: $9m, real estate: $1.6m, mortgage: $1.1m)Age: 42Location: SF Bay AreaAnnual spend: $170k/year (incl health insurance)
+
+Laid off as a tech director last year because of COVID, took a year off reading books, hiking, etc. Now I have a new opportunity at $2.8m/year. I'm not keen to go back to work, but $1.4m/year (after tax) would add \~15%/year to my NW. Any frameworks on how to think about this? Should I suck it up and take the job for the $?
+https://tradeblock.com/bitcoin/tx/23e2e8453fd9d00fc38833e996e042c35d60f5ac2196a2462a44930323694c17
+
+I think it's just mind blowing to know that this is a transaction that:
+
+* only requires 2 participants: a sender and a receiver. There are no middleman involved.
+
+* is impossible to censor. Nobody can stop this transaction from happening.
+
+* does not require anybody's permission.
+
+* requires no identity on both ends. Actually, it doesn't not even require a human being. 
+
+* is unalterably written into history and this is even more so as time passes and hashes get stacked on top of them.
+
+* can cross borders just as easy as it can cross the internet. As a matter a fact, this transaction might just
+as well have been sent from mars.
+This crash is triggered by many factors. Bitcoin is already at 35k$.
+
+We are yet to see Feds increasing the interest rates which they have to increase to curb the inflation
+
+Prediction is that this decision will come by march so during Feb to March the chances that crypto prices will increase during this time is negligible. Now imagine cryto prices declining(Or being stable) till march and then feds will decide to increase the interest rate. Imagine the amount of panic selling that would be there.
+
+Also when interest rates will be increased there would be less money in circulation so naturally less people will invest in crypto so it will go even more down
+
+I am scared to say this that it may reach 20k$ or even less. Then only it can go up
+Hi.
+
+​
+
+In DCF analyses I've seen people use earnings, dividends, free cash flows, and maybe others too. What determines which one to pick for a DCF valuation?
+Valuation down to 3 year low, mainly due to competition and breaking up with apple
+
+EPS for the last quarter is down 25%, but for the last year is actually up by 20%
+
+PER at 9, which is still pretty good
+
+Dividend at 2.8% which is not juicy but is better than nothing
+
+what do you guys think?
+Why isn’t Blackstone (BX) in S&P 500 yet?
+What are the criteria and what is missing?
+I see companies that are obviously less qualified than BX and they are still not taken out in the rebalancing they do few times per year.
+Hi all,
+
+I'm a non-professional investor but I really love (trying) to write investment theses to help me better understand the companies I'm investing in. I think I have an issue where I feel like I'm just summarizing their annual reports, which I'm currently trying to work on improving.
+
+With all this said, I was wondering if you had any tips you'd provide to someone trying to get better and/or if you've read any investment theses that have stood out to you in the past?  
+
+
+Thanks!
+How do you pick stocks from the list of 52-week lows of the industry/sector you want to get into? I used recent insider trading as the second condition, but this only works for US companies. 
+What do you use to “quickly” screen trough stock before going into analysis?
+I am very interested in how to fundamentally analyze a company to get a grasp on intrinsic value. I feel that I have found some great sources concerning technical analysis and investor psychology, but when it comes to fundamental analysis, performing a discounted cash flow analysis, etc., I have not found something that breaks it down effectively for me. I feel mastering all of these topics, or at least understanding them, is the key to effective investing. With this in mind, does anyone have any recommendations? I'll even take a text book as long as it means i don't actually have to go to business school! Thanks in advance.
+I was down -18.19% with S&P 500 down -19%+ and many total market indices down -21%+.
+
+Although a one year time frame is nowhere near long enough to evaluate portfolio performance, 2022 was certainly an interesting 12 months. With that being said, how did you all do? I’m sure some of you understand the oil/gas industry a lot better than I do and may have some crazy 2022 gains to share!
+I'm new this year to selecting my own stocks, as are many.  Starting in January, I started trying to learn more.  Below is list of resources I've used, and a second list of what is coming in the future.  I'd like to hear your opinions on what I should add.
+
+* *The Intelligent Investor*, by Graham. Still have a couple chapters to reread to gain better comprehension.
+* Towns' *InvestED* podcast.
+* *One up on Wall Street*, by Lynch (audio).
+* Reading 10K's and 10Q's.
+* Listening to quarterly calls on companies I own.
+* *Principles*, by Dalio.
+* Letters and essays of Buffett (in process).
+* Letters and essays of Munger (in process).
+* Some of Munger's and Buffet's interviews and meetings.
+* Watching *The Plain Bagel* YouTube channel
+
+I'd like to read, listen to, study (or am in process):
+* Aswath Damodaran's series on valuation.
+* *Margin of Safety*, by Klarman.
+* *Misbehaving: The Making of Behavioral Economics*, by Thaler.
+
+What *educational* resource did you simply love on investing that I don't have on my list?
+P/E 4.2
+Div 3.48%
+
+Debt is coming under control and revenue is increasing. Good price to book. Raising dividend and purchasing shares back. Trading close to pre-pandemic levels.
+
+Used car prices coming down will challenge their revenue. 
+
+I see a lot of good and just a little bad. I'm looking for s convincing bear case
+It seems like a scam, but who knows it could be an accident as well?
+
+The person has been texting and calling her and called her by name in a text, but hasn't left a voicemail.
+
+This seems like a scam, but the money is fully deposited into my wife's account and it doesn't seem like there is a way they could retrieve it. Please advise!
+Intellectually, I know that my crypto going up is inherently a good thing. The vast majority of my portfolio is BTC and ETH, so this should be nothing but a good time for me. Pop the champagne!
+
+However, I have to admit I get nervous when it happens. I start to worry that I missed the boat in terms of putting money into it. It will never be low again. I should have put more money into it when I had the chance, etc.
+
+Again, I know in my head that as long as I DCA and believe in the projects, I'll be fine and I should celebrate when my coins go up, but I can't help getting this feeling when we hit the ATHs.
+
+I also get worried a big crash is coming when we hit ATHs, but I think that's just me being crazy.
+This just occurred to me as I was doing some budgeting. I, as a young person have effectively given up on the property market, multiple reasons being, arguing over which property I were to buy with my parents, general prices of houses and not having the burden of a mortgage compared to others my age. 
+
+I just asked myself what exactly I am saving for.
+
+I currently contribute what I would pay into a mortgage, into a high growth managed fund, which is doing pretty well for me at the moment. So when this grows in a few years and I'll have a bigger deposit lined up, I may re-visit buying a property, but for now it seems completely out of the question.
+
+Are you saving to buy a place outright? Or simply saving for a bigger deposit? Or are you planning on investing your equivalent mortgage payment into an etf/managed funds/Superannuation?
+
+Keen to see some responses.
+Property ownership has risen continually since the 1960s and something like 70-80% of the UK now own (albeit most with a mortgage) their own home.
+
+Seriously, why has everyone been brainwashed into thinking renting is 'dead money' or that you're just 'paying your landlord's mortgage'?
+Hi am looking to start a stocks and shares isa and was hoping that there would be a commission and fx free option since Hargreaves landsdown is ripping me off royally in with their traditional, assume made up, commissions and fx charges.
+
+Trading212 ISA seems perfect. Any thoughts or other options I should consider? Is there a sipp like this? Are buy sell spreads worse on 212?
+
+Any help appreciated.
+During the March dip in the markets I noticed US Treasury and UK Gilt index trackers both suffered their own flash crash. I thought these type of assets were considered safe havens in time of volatility but now not so sure. Any thoughts on this?
+I’m selling a property and will hopefully have around £160k. Any investment advice for 6/8 months until we find and settle on a new property. Research is showing NS&1 seems to be the best bet. Thanks in advance
+I’ve been following this page for a while and come to realise there is very little talk of gilts. I’m aware of the benefits and been looking into them, however finding the return isn’t sufficient. Especially with current level of inflation at ~2.1% (personally it’s higher gauging from the price of beer in London pubs this summer).
+
+So I was wondering wether the use of a world Tracker ETF is comparably as safe as a bond ETF, given that bond ETF will fall in value as inflation rises.
+
+Does anyone else agree with this principle? 
+And/or, if not a world ETF, what would you recommend as a safe stable fund
+
+Thanks
+Credit score 809, rental llc had $5k income 2019 and $10k income 2020. 
+
+I can borrow for the downpayment or get money from relatives. Fannie and Freddie/SoFi said my 2 year avg was too low. Private lenders??
+They’ve seen some stupid kitchen thing while browsing Black Friday deals and said “we can save X amount because it’s on sale”. I’ve tried saying that we’re not saving anything, we’re spending but they just don’t understand.
+Many have come before me to inform you redditors of the potential of RavenX. 
+
+#Currently number 1 trending on Coinmarketcap.
+
+#Currently smashing ATH's after ATH, ~~0,03~~ ~~0,04~~ ~~0,05~~ 0,06 is our next victim.
+
+Join this awesome community now to help people in need by donating charity automatically and make some funds for yourself.
+
+Some information:
+
+The smart contract automatically sends 2% of every transaction directly to Binance Charities wallet and is on pace to deliver $250,000+ USD within the first week of launch.
+
+The community and dev team are awesome and it looks like this unique charitable feature will likely generate media attention.
+
+All of this is publicly verifiable on the blockchain at the Binance Charity address. https://bscscan.com/address/0x8b99f3660622e21f2910ecca7fbe51d654a1517d#internaltx
+
+The current use case is simple but the impact is HUGE!
+
+TOKENOMICS
+
+Total supply: 500 000 000 RX
+
+Marketing: 25 000 000 RX (locked for 10 days and dripping 1/10th per day)
+
+Team: 25 000 000 RX (locked 6 months)
+
+Presale: 250 000 000 RX | Listing: 200 000 000 RX
+
+6% transaction fee will be split into:
+
+2% burn fee || 2% redistribution fee || 2 % donation fee
+
+—————————————Pancake Swap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x8891de345808e77228677f0efb56125db1e93a49
+
+Poocoin Charts: https://poocoin.app/tokens/0x8891DE345808E77228677F0EFB56125DB1E93A49
+
+Twitter: https://twitter.com/ravenxfin
+
+Website: www.ravenx.finance
+
+Telegram: https://t.me/RavenXfin
+
+Hope you guys join us with the revolution of donations!
+
+EDIT:
+
+Just smashed ATH's of  0,03 and 0,04 and 0,05 CENTS!
+
+I created this post when ATH of 0,03 wasn't even reached yet, if this doesn't cause FOMO I dont know what will. Join us you fomosexuals.
+I may just be an idiot but noone has ever clarified for me but. When people say "I make 80k" do they mean 80k+ super or including super? Cause there's a 10% difference if you're using different terms
+As the title states, my employer recently switched to a bi-weekly pay schedule (pay every two weeks, 26 paychecks a year) after originally having a bi-monthly pay schedule (pay twice a month, 24 paychecks a year). Today was the first paycheck on the new bi-weekly schedule, and the pay was actually *more* than what I would typically receive on the bi-monthly schedule. Why would this occur?
+
+
+If you need the numbers, I make $51,000 annually, and each bi-monthly paycheck was $2,125.00, which makes sense as 51k / 24 paychecks = $2,125 per paycheck. However, on this paycheck (bi-weekly) I received $2,157.69. Math says I should have only been paid 51k / 26 paychecks = $1,961.54. 
+
+
+Where did this additional $196.15 in pay come from??
+
+
+Edit: thank you everyone, I am now very well aware that Semi-monthly is the preferred nomenclature to avoid confusion, even if bimonthly is still correct according to the dictionary.
+ https://www.merriam-webster.com/dictionary/bimonthly#usage-1
+[DTCC Twitter](https://twitter.com/The_DTCC)
+
+[Today I ask:](https://twitter.com/Jabarumba/status/1537429830958186496) .@The_DTCC If Virtu can create infinite liquidity at static NBBO, then how is price discovery to occur? The 1st day of ECON 101 taught us supply & demand. When supply is pinned at infinity, where does the demand curve cross it? It doesn't. Does the #DTCC believe in free markets?
+Hello, hoping the good people of UKPF can help me.
+
+My ex and I bought a house together in 2013, but split up the following year. He left and I bought him out of the house, and since then have been paying the full mortgage.
+
+In 2016, the company I was working for went under and I lost my job unexpectedly. I still continued to pay the mortgage from my savings. The mortgage term was up and my ex suggested that instead of me going onto the standard variable rate, which was much higher, we just move onto another product from our same mortgage lender. This was a five year mortgage deal that ends this year. We then drew up a legal document where we agreed that when this period ended, his name would be taken off the mortgage (whether that came from selling the house or me applying for a mortgage by myself).
+
+In 2019 I went to see a mortgage broker to see what my options would be in 2021 (I’m a huge forward planner). After looking through everything, my mortgage broker said that we should be fine for me to get a mortgage in 2021, so happy days. Then the pandemic happened.
+
+Trying to find a bank that will lend to me has been really hard (and my broker is a specialist broker who specialises with self-employed individuals). My income is a split of PAYE and freelance consulting, and this seems to be the crux of the issue — my PAYE salary isn’t enough for me to get the mortgage, but the bank is not willing to look at my self-employed income as they see it as a second job so don’t want to count it, especially in a pandemic. It’s incredibly frustrating because I bring in around £43,000 after tax and can easily pay my £770 mortgage payment every month.
+
+I’ve laid out the salient facts below:
+
+- £170,000 left to pay on the house
+- £176,000 in equity in the house
+- I earn £56,720 a year (£30,000 through PAYE and £26,720 through a freelance consulting position).
+- Additionally I get paid £5,000 in “benefits” from my PAYE but that doesn’t seem to be any use to me here
+- I didn’t lose any income during the pandemic so have three years’ bank statements of consistent income
+- I have a “fair” credit score
+- Current mortgage payment is £770 a month, current outgoings are £1990 a month (that’s everything including food/going out etc)
+- I have minimal savings (i.e. a couple of grand, I did up the house last year so only have what I’ve saved this year).
+- I am the sole applicant.
+
+I wake up in a cold sweat every morning just thinking that I’m going to lose my house. I’m really not hugely financially savvy or hugely practical so any advice is welcome.
+Just wanted to say thanks to this sub for the wonderful career advice. After 2.5 years at the same job, the pay raises i received were tiny, even after receiving a promotion and while constantly being commended for my work. While I really enjoyed my job, it was demoralizing to be doing better work than some of my superiors but being paid much less. 
+
+Frustrated, I started to interview around to try to figure out what I was actually worth and got an amazing offer from another company. However, I wasn't thrilled with the place/interview, and was planning on turning it down if they offered me what I was asking for.
+
+Life always throws curve balls. Sure enough a few weeks later, the new company offered me 10% over what I was expecting.....making taking the job prospect quite a bit more enticing. I showed the offer to my current manager and long story short, was able to leverage it to get a **20% pay raise** while staying where I'm at. 
+
+If any of you all are debating looking around - do it! Interview at many different places! There is not a lot of real risk - mainly just opportunity. I am the first of my peers to attempt anything like this, and I have had a very positive experience. 
+
+Last, the best advice I have heard - don't be loyal to a company, they will not take care of you. Be loyal to people. My direct managers and the people I work with gave a lot of great advice regarding this process. 
+**UPDATE** Thank you so much to everyone who reached about the question!
+In the future to TL;DR this thread, the answer to finding a Financial Advisor that is a CFP without having a friend/family member recommend someone directly....is to go the the CFP board website to narrow down the search in your area. You can also look up 'fee only' CFPs on the Garrett Planning network, but keep in mind those advisors pay to be on the Garrett List. Alternatively you could potentially go to your bank or credit union and ask for one. You can also ask here, you will get names PMed to you (make sure you do your own due diligence on anyone you will work with). You might also be able to go thru Vanguard (online only) or Fidelity (has physical offices). If in the UK you can try unbiased.co.uk
+
+Thank you to those who gave recommendations on what to do with the money, although this was not the point of the thread. I had already known that if I take money out of the IRA it will be taxed heavily (for me ~28%), I didn't realize there may be an additional early withdrawal penalty of 10% as well. So for those who say 'its a wash, just pay off your student loans', that advice **DOES NOT APPLY IN MY CASE** and to those of you who are sending me concerned messages **I WILL NOT BE PAYING OFF MY STUDENT LOANS WITH THIS MONEY.** There is no way I would lose 40% of the money to pay off a 6.55% interest loan. My mom's retirement funds will go to boost my own retirement funds, and allow me to not worry about my own retirement (except for my employer match) for a few years until I've paid off my student loans on my own. 
+
+People kept asking me my basic numbers which is why I posted them, I think that by posting those it lead the thread away from 'how do I find a CFP'? towards 'do XYZ with your funds'. That was my fault, I'm going to edit that portion of the original thread. 
+
+
+
+**original post**
+* My mother recently passed away unexpectedly leaving me with a moderate amount of retirement funds (~300k to be split evenly with my sibling). They are currently in a mix of an annuity, stocks, and an IRA. 
+
+
+* She already has a financial advisor with Edward Jones, who charges 1.35%. He's ok, but I would like to weigh my options. The thing is I have no idea how to find a different one.  Every reddit post just says 'you don't need a financial advisor unless XYZ', well now that I do fit into the XYZ criteria and actually need one, I don't know how to find one. 
+
+
+* I think i am looking for one that charges fee based rates rather than percentage rates. Who can aggressively grow my retirement funds, is a CFP, and ideally won't charge fees on some funds that were grandfathered in (she already paid commission on some mutual funds (~50k worth) and Edward Jones will not charge commission if I leave the mutual funds alone or move them around in the 'same fund family'. I asked if other advisors would do the same (IE is that the law or an incentive to stay with EJ?) and he did not give a clear answer.
+
+
+* I know I can ask friends and family but that has only generated one lead so far.
+My father is ignorantly pessimistic and I am ignorantly optimistic over what 15 dollars minimum wage would mean for America. What do the economists say?
+I have heard that central banks try to keep prices of a bunch of everyday stuff close to 2% increase on average. (Cpi index).
+
+
+My first question is why? Is it not better to let the markets work and make the price go up if theres a shortage and down when theres increase in efficiency etc?
+
+Second question. Why is the new money not evenly distributed among all citizens but rather going to banks and rich people first while decreasing the purchasing power of the rest?
+
+If the goal is to change the prices of everyday goods, wouldnt it be better to lend the new money primarily to poor and average people who are more likely to spend it on everyday goods? On the other hands if the money is lended to rich people and institutions, they already have enough basic goods and so the money is mostly invested in finantial assets. But the goal of the policy is not to increase the price of finantial assets right?
+
+
+Third question. Are the real estate prices proportionally represented in the CPI? If not why? Isn't housing a basic everyday need too?
+https://youtu.be/pw63w_hcLEU
+
+This video just popped up on my YouTube recommended videos and I was curious enough to watch it, but I am not economically literate enough to know how much I should believe the thesis of the video. Simply put, I can't tell whether I should accept or ignore the arguments he presents.
+
+EDIT here are some bullet points. This is just my paraphrased interpretation of his arguments, as I said I am not very economically literate so I may not be doing the best job of representing the video. 
+
+greatest financial crash in history predicted within next few years
+
+
+too much capital floating around / too much inflation and currency being printed
+
+
+globalization has reduced quality of life for first world countries due to too much competition causing inflation and standard of living not increasing in hand with it 
+
+
+too much debt held by governments, particularly the US and China
+
+
+stock market doesn't correspond with the real economy of average people
+
+
+tech industry is a bubble
+
+
+crypto and NFTs are bubbles
+
+
+inflation again
+
+
+aging demographics and population of the world
+
+
+predicts the end of free trade
+
+
+says real estate is a terrible investment because remote working will cause people to move to the country
+Hello I try to inform myself about economics but everywhere I look it seems that economists are disagreeing about everything. There's even a circle of economists in my country that are against finance, austerity and that sort of stuff. So I'm basically in front of disagreements on almost everything and I don't know what do to. I mean I'm used to it, I study philosophy where there are even more disagreements, but economy is at the center of  political decisions and have a big impact on society (it's true of ethics in philosophy though) so it's more of a thing you don't want to mess up with.
+
+What should I do ? 
+ [http://www.ecineq.org/milano/WP/ECINEQ2009-107.pdf](http://www.ecineq.org/milano/WP/ECINEQ2009-107.pdf) 
+
+​
+
+Pat 2.1.3, the author says "no modern (increasing returns) technology can be implemented, since no domestic market is large enough for this to be profitable". What does this mean? Can someone explain the process in a bit more detail? (I am not an expert)
+Greetings!
+
+I work in warehouse doing manual labor with a group of guys. We talk to pass the time and, sharing different views, it isn't surprising a debate starts every now and then.
+
+Well, an argument on the minimum wage occurred today. 
+
+We've all heard the standard argument, right?
+
+Guy for minimum wage: If there was no minimum wage, then businesses would just pay all their employees $2 an hour.
+
+Guy against minimum wage: No, because businesses setting their wages is just another element of competition in capitalism. If a company only paid their employees $2 and hour then another company could offer a higher pay, attracting workers and profit. The first business would have no choice but to raise their wage or compete some other way.
+
+Now, I support the minimum wage. And while I somewhat agree with both people (person A more than person B), I thought of this while driving home...
+
+Say there was no minimum wage, and businesses were able to set their own wages. CEOs are only concerned with maximizing stock value for their shareholders, correct? What would stop large corporations, who combined bring in 90% of total profit in a certain market, from simply coming together and saying, "Hey, let's all set the wages for our workers to be the same, and as low as possible."?
+
+Sounds ideal from a corporate perspective, right? You can pay your employees pennies, and with the other companies all doing the same, you no longer have to worry about competition in that area. Shareholders are happy with the money you saved on labor, and you as a large corporation, have the power to crush any small business, with a higher wage as an incentive to attract workers, that may try to enter the market.
+
+That sounds like collusion, which I know is illegal. I'd like to ask just to confirm. But also, if said activity is illegal, how does one prove that corporations colluded? How could one tell it wasn't just a coincidence? With collusion laws, are corporations not allowed to work together at all?
+According to a chart by the World Economics Forum, real wages (wages adjusted for inflation) were the same in 2019 (when the article was written) as they were in 1973. [https://www.weforum.org/agenda/2019/04/50-years-of-us-wages-in-one-chart/](https://www.weforum.org/agenda/2019/04/50-years-of-us-wages-in-one-chart/)
+
+From what I understand, this is supposed to mean that the cost of living is equal to how it was 50 years ago.
+
+However, it is incredibly obvious that living expenses are way more expensive than they used to be and our wages haven't caught up. Just the simple fact that it isn't financially possible for most families to get by on one income, when that used to be the norm is proof enough.  But here are some specific examples from the article I posted below:
+
+**Homes:**
+
+Millennials [buying their first home today](https://studentloanhero.com/featured/millennials-have-better-worse-than-generations-past/) will pay 39% more than baby boomers who bought their first home in the 1980s, according to Student Loan Hero.
+
+The value of homes has increased by 73% since the 1960s, when adjusted for inflation. The median price of a home then was $11,900, which is equivalent to $98,681 in today's dollars. In 2000, the median price of a home rose to $119,600, more than $170,000 in today's dollars.
+
+And those numbers only continue to climb. As of April, the median US home value was $210,200, [CNBC reported](https://www.cnbc.com/2018/04/17/how-much-more-expensive-life-is-today-than-it-was-in-1960.html), citing the real-estate company Zillow.
+
+**College:**
+
+From the late 1980s to the 2017-18 school year, the [cost of an undergraduate degree](http://www.businessinsider.com/this-chart-shows-how-quickly-college-tuition-has-skyrocketed-since-1980-2015-7) rose by 213% at public schools, adjusting for inflation.
+
+Back then, average annual tuition for public college was just $1,490, or $3,190 in today's dollars, compared with today's price tag of $9,970.
+
+Private college tuitions fared a little better, with a cost increase in the period of 129% when adjusted for inflation. In the late 1980s, it cost $7,050, or $15,160 in today's dollars, for a private undergraduate degree. Today, the average cost is $34,740.
+
+**Childcare**:
+
+Adjusting for inflation, the [average weekly childcare costs](https://www.census.gov/prod/2013pubs/p70-135.pdf) increased to $143 in 2011 from $84 in 1985, according to the US Census Bureau.
+
+The [cost of childcare and nursery school](https://www.wsj.com/articles/soaring-child-care-costs-squeeze-families-1467415411) increased by an average of 2.9% annually from the end of the recession in 2008 to 2016, surpassing inflation of 1.6% during that seven-year period, The Wall Street Journal reported.
+
+[https://www.businessinsider.com/millennials-cost-of-living-compared-to-gen-x-baby-boomers-2018-5](https://www.businessinsider.com/millennials-cost-of-living-compared-to-gen-x-baby-boomers-2018-5)
+
+​
+
+Is the chart I posted wrong or am I misunderstanding something? If it is wrong, where is the information coming from that supports the chart?
+Obviously just a thought experiment, given difficulty of figuring out what a firm is, what a market share is for every firm, ect..
+
+My intuition is that it would essentially act as an active anti-trust law - disincentivizing near monopoly. 
+It is inevitable that earnings tomorrow will be above expectations. 
+
+There is also a possibility that something exciting will be announced. 
+
+Today there was a behemoth size liquidation of crypto currencies. 
+
+There was also (rightfully) a massive amount of tit jacking. Unfortunately, I no longer have sensory function in my tits from being perma-jacked since January. However, I can still visualize them. They are jacked as fuck thanks to all the content here keeping them inflated. 
+
+But let’s be realistic. They are ready to tank the price, or keep it trading sideways. And they most likely will. 
+
+One day they will run out of money. One day this thing will take off.
+
+It costs nothing to hold. 
+
+Thankseveryoke for making this waiting game fun.
+Hi everyone,
+
+Following on from yesterday's post about call centres being understaffed, I thought I'd provide some insights into the industry from my five years working in a call centre environment, first at Telelcom in NZ, and then with an accounting software provider here in Aus. I managed a team and worked on contact centre project for four of those years. 
+
+This won't be a fully comprehensive overview, but I wanted to lay down some of things we did to help guide you in maximising your time, because time is valuable.
+
+# **Overview**
+
+Call centres are all about **queues**. When you arrive, you follow a series of voice or text prompts to select your area. There is generally a 'catch all' queue, and then things get progressively more complex as you get more specialised in your needs. Each queue has a **priority** assigned to it, and this is broken down by each service rep. Usually, number one is going to be sales or people wanting to cancel a subscription. Customer service is the catch-all, and that's where you find most new starters on the phones. 
+
+What does that mean for you? Well, in the software call centre, everyone started out with training on the main software, and moved on to more complex beasts as they showed competency (payroll modules, retail software, etc). That means there are fewer people trained in the specialised products, and they'll get those set as their number one priority. There were some legacy products that only had one or two people who knew how they worked, and they ended up stuck on a long call or on a break, and you chose that specilised software, you were literally not going to get answered until that person was free.
+
+Sometimes you luck out and get someone with the skills you need on the wrong line. At Telecom, for example, I was in the New & move team, with the broadest knowledge base of all teams. We did billing, home lines, cell connections, etc. We were the elite team, because we had to know pretty much the entire business.
+
+*Special note: call back queues:* These *can* be helpful, but be aware you're really just dropping a voice message into another queue - and that queue may not be prioritised for quite some time. If you've got 50 angry callers waiting on a fix, and five callbacks, you better believe they're gonna wait a bit longer - because in the end, you have left the queue, and you're not so stressed on the wait when Crowded House isn't blaring in your ear for the fifth time on repeat.
+
+
+So, call centre are about queues and, once your in a queue, getting your query dealt with quickly and efficiently to keep the queue moving and stop people waiting.
+
+
+#**Wait Times**
+
+People hate to wait. **Data** drives decisions in terms of wait times, and the data shows that after a certain amount of time, people's perception of time doesn't matter in terms of satisifcation. In other words, if you pick up the call within one minute, people are very happy. Pick it up within five, they're ok. But after five, the satisfaction drops to zero - whether you answer it in 10 or 30 minutes, people are just as unhappy. So why bother staffing to get all calls answered within ten minutes? May as well target the fifteen mark, or worse.
+
+We would have a queue manager who watched the queues as they were projected on the wall. It was their job to manually adjust queue prioirities to clear out long wait times. Breaks and start/finish times are hyper-micro managed to try to avoid blowouts, but they do happen sometimes. 
+
+#**KPI's**
+
+Call centre workers share a range of KPI's, from how they answer the phone to how long the call takes. Usually, Net Promoter Score is their primary KPI in a service environment - so give a 9 or 10 if you loved the service, anything less isn't helpful for them. *talk time* and *wrap time* are the biggest things, as they determine staffing levels. So often you'll be prompted to use an online database to get an answer, rather than walking you through. This is to limit talk time.
+
+The team who manage the staffing and queues were also given an *abandon* metric. People hang up after waiting too long, it happens - however, if you can put a message on your phone that says 'DID YOU KNOW YOU CAN BOOK YOUR TICKETS ONLINE? SAVE TIME AND DO IT ONLINE DO IT DO IT NOW* (Yes, I'm looking at you, Ticketek), then you can actually view that as a *positive* - people go and do it online, and you can take another call. Ticketek are the worst in all of this, hiding their phone numbers, understaffing intentionally, limiting incoming calls through engaged signals and a low number of phone lines, and harassing you to hang up the whole time while you wait.
+
+There are also usually sales KPI's of some sort, and you'll pick up on those as people assess your business needs, etc. Phone companies are big on this.
+
+So, when you're on the line, remember there are specific KPI's guiding your wait time. And if it's blowing out, that's likely a strategy that's being employed to target a certain pickup time. So, how do we best navigate things?
+
+# **When you're on hold**
+
+You might wonder what's going on. For new starters, they were generally being coached by a buddy who was listening to the call. The person may be trying to find an answer on an internal (or external) database. They may also be calling a specialist, which means they themself might be in a queue.
+
+Generally, people weren't mucking around when you were on hold. And they have a timer showing how long the hold has been - so don't worry, they want the call over quickly, too. But the right resolution can take time. Pro tip: only an idiot comes back and says 'are you there?' Yes. Of course. 'Thanks for waiting', please. *Important:* At Telecom, we could hear what people were saying while they were on hold - like a two-way mirror. So even if you're on hold, mute that phone if you wanna bitch (understandably). I just never take the chance. On the lighter side, I remember a guy clearing a credit check at Telecom and I told him to hold. As soon as he was on hold, I hear 'BRO! I can't **believe** I passed that credit check!'
+
+
+# **Tips & tricks**
+
+- I know it sounds obvious, but **time your call**. I don't just mean avoiding lunchtimes - I also mean the end of the day. Sometimes someone would ring at five to eight with an hour-long question, and you need to clear all calls before going home. You better believe you're unlikely to get good service at that time, as people usually have plans.
+
+- You can try and **game the queues**, but it will often depend on where someone transfers you. If they choose to put you straight across to someone who can answer your question, skipping the queue, that's a big win. If they dump you in the queue without a handover, it's likely the new person knows nothing about your call and you're going to have to explain everything again. 
+
+- **Bonus: voice prompts** *I don't know who needs to hear this, but if you hate long-winded voice cues like I do, you can skip them by repeating 'operator operator operator' loudly. The system tries to avoid riling you up, it will override all the protocols and dump you in the general queue (normally). This is a failsafe, YMMV. I can confirm it works for some credit card companies. No, I'm not finding my card and entering four pieces of data for you.*
+
+- There are often delegations of **financial authority** for fixing problems. I had a $500 authorisation on the phone at telecom. Forgot your bill and had a late fee? I'll wipe that. My manager had a $5,000 delegation, and the call centre head had a $50K delegation. Each person tried to avoid escalation, and I find that's an excellent way to go.
+
+- You're a human, they're a human. **Being polite goes a long way**. I helped so many people when i didn't have to just because they were *nice*. Angry only gets you so far. In fact, I had a lady who was pushy but polite about a billing issue. It was a fair bit of money in dispute, but after chatting with my manager I decided to refund her. When I came back, her partner was on the line, and he ripped into me. The ressult? I refused to waive the fees, after having just fought on the lady's behalf completely at my discretion. So remember to be nice. However...
+
+- Speaking to a **manager** is a good way to cut through the noise if you're not getting anywhere.On about a third callback, I'm likely to just ask to speak to a manager if I'm only getting incompetence. At the three call centres I worked in, as soon as someone wanted a call escalated, the manager stepped in. I have been known to politely use the line with management 'You and I both want a solution, so how high do I have to escalate this to get a result?' As a manager, one KPI was dispute resolution, so you better believe I was resolving things there and then if I could. Half of the job was talking understandably frustrated people down - so stay calm if you can!
+
+- You can always **call again** to try and get a different answer, but be aware some software redirects you to the same agent if they're free. I have used this tactic a lot with Singapore Airlines in particular, as I've found staff training levels vary hugely. Often things *can* be done, you just need the right person who knows how.
+
+# In Conclusion
+
+Call centres are incredibly complex, but every choice being made is (hopefully) data-led and intentional. They burn people out quickly because of the micro management, but if you know how to work with one, you can get through things a lot easier. There we go! I hope you've found this useful. I may have missed a lot, so happy to chat more if it's helpful. I hope this helps you save time, money, and energy in your contact centre calls.
+Remember only 2 years ago, when interest rate was 1.68%, news outlets were reporting numerous 25 yos with 25 houses on interest only loans.  I wonder how they are going?
+https://www.nytimes.com/2019/10/03/us/mgm-las-vegas-shooting-settlement.html
+
+
+The settlement would resolve claims that MGM was negligent in allowing the killer to stockpile weapons and ammunition at its Mandalay Bay hotel.
+
+
+MGM Resorts International has agreed to pay up to $800 million to settle lawsuits from victims of the October 2017 mass shooting in Las Vegas that left 58 people dead and hundreds of others injured.
+I’m moving soon, and every halfway decent place I’ve looked at is tagged with this word. It drives me up the wall. I just want a clean, legal apartment where all the appliances and fixtures work. I don’t want “luxury” and the fact that a clean well maintained apartment qualifies as luxury is really sad. God forbid I don’t want to move somewhere with reviews warning of bedbugs or cat pee stains on the carpet, that’s just asking too much. 
+
+I thought landlords are supposed to provide us a “service” 🙄
+TequilaParty is almost two months old! They’re making relentless progress, and building bridges from the real world to the cryptosphere.
+
+CMC Inbound!
+
+Check out their new beautiful whitepaper: http://tequilaparty.space/whitepaper/tpwhitepaper.pdf
+
+Latest video update from the doxxed dev: https://youtu.be/qb8yGZK2zkw
+
+TequilaParty is a genuinely unique project in the crypto space. Why?
+
+ • Tied to a real legal structure (Missouri LLC, IRS Registered)
+
+ • Doxxed, transparent Dev - Jameson Huckaba (https://www.linkedin.com/in/jamesonhuckaba/)
+
+ • Making an actual Tequila in Mexico.
+
+ • Working with real artists and non profits - their work tied to the Tequila via NFT.
+
+ • Responsive, professional team driving the project forward.
+
+ • Proper governance model.
+
+TequilaParty launched eight weeks ago, and has been making consistent progress in terms of branding and readying the physical product for release. 
+TequilaParty’s Tequila will be distributed initially in the US, Mexico, and Hong Kong!
+
+ • Market Cap: ~$300k
+
+Circle of Incentive: $tequila fuels the Tequila. Tequila supports Artists and original Mexican art, and a non profit that they choose to support. Revenue from the Tequila flows back into $tequila in the form of a structured dividend.
+More on the NFT complement from the dev: “We’ll commission Mexican artists to design a piece that goes with each bottle; they’ll be very limited editions of artwork. With the sale of the bottle, the NFT is minted, or created, and the contract has a built-in tax - a small percentage (2%) will go to the artist who created the piece. A larger percentage, 8%, will go to the charity or non profit the Artist originally designated. This is all done automatically via SmartContract. We expect that these NFTs could be traded and resold and collected, and with each subsequent transfer, it’s not a one-time donation to this artist or charity, but perpetual, which we hope will make a major difference in their lives.”
+
+This is a real company making a real product. Huge opportunity.
+
+Join the best community in crypto on their Telegram.
+
+Critical Details: 
+• Network: Smart Chain 
+• Contract: 0xf459693e9f45f432eCB48afE1bD0cCaA4ad82959 
+• Token Supply: 1,000,000,000,000 
+• Mint Function: No 
+• Reflect Tax: 2% redistributed to holders 
+• Website: http://tequilaparty.space 
+• Telegram Community: http://t.me/tequilaparty 
+• Twitter: http://twitter.com/TequilaPartyBSC
+
+.#cantdrinkashib #worthashot
+My question is if I am planning on buying a new car and keeping it for 10-15 years, is a 72 month loan *really* that bad of an idea?
+
+I would be making more than the minimum monthly payments to keep a sort of buffer should something unexpected come up without getting late payment fees or a ding on my credit report
+Title is pretty self explanatory. My mother is really horrible with money, she’s around 60 and bankrupt. She currently lives in a different country with her husband and she’s not doing so well. Once in a blue moon she shows up asking for money with promises of giving it back but I know it’s not gonna happen. 
+
+We have an estranged, rather complicated relationship and as horrible as it may sound I don’t want my mother to have much part in my life when she gets older. I don’t want her to have to move in with me or even have her live too close by. 
+
+I’m starting to feel like the best way to make this a reality would be to set her up with her own account that once she reaches her latest years she can have some stability and her own independence. As bad  as we get along I don’t want her to end up in a home. 
+
+But as I mentioned at the beginning I don’t want her to know I’m doing this or else she’s just gonna spend it before retirement. I want to set her up in a way money is going to be released slowly and not just full access to said account. Any advice?
+44m.  Wife and 2 kids. 11m liquid.  I own my own business and still enjoy my work, but am considering FatFire in the next 5 years or so.   
+
+We live in northeast and recently purchased an acre of vacant property in Florida on Gulf of Mexico.  Beautiful spot.  We’re going to build a house on it.  It will be a vacation property for my family.  (We travel to the area several times a year anyway, so it will be nice to have our own place.)  In the future we may “flip” and live in Florida, and make our home in the northeast our vacation property.  
+
+**My challenge:**
+
+I am not yet retired.  I have young kids in school.  I still work everyday.  While we travel to Florida a lot, I cannot be on-site every day (or every week) to oversee the building of our new house.
+
+We have built houses before, and I own a few residential and commercial investment properties, so the idea of a construction project doesn’t scare me.  But I am used to being on site regularly, communicating with construction workers and project managers.
+
+I have a few good builders in mind, but I don’t just want to say, “Build this house.  I trust you.  I’ll stop by every month or so and check in.”  
+
+I need someone to walk around the site a few times a week... send me regular pictures and updates...  advocate for me if something doesn’t look right... let me know when construction stops or things go wrong.... buy pizza for the crews once a week.
+
+I am envisioning some gray-haired retired guy who has some construction experience.  He’d stop by three times a week and inspect the work.  Send me updates.  I’d fly down about once a moth or so and walk the jobsite with him.  Pay:  Perhaps 40,000 for 3 days a week for about a year.
+
+So where do I start?  
+
+- **References from friends and family in the area?**  I do have friends and family in the area, but they are 30+ minutes away, and they are not at all fatfire.  They may not be able to relate to the expensive house I am building.  And frankly I don’t trust their judgement when it comes to construction.  And I don’t want to brag about what I am splurging on.
+
+- **Facebook Classifieds?**  I don’t want my 500+ friends to see/know the details of my project at this time.
+
+- **Indeed?**  I doubt old gray haired retired guys check job sites like Indeed.
+
+- **Ask the neighbors?** I don’t even know the neighbors yet. 
+
+How do I find a guy to oversee the project?  Or is there a better way to do it?  
+
+Thanks in advance for your thoughts.
+We have a suburban house in Denver and will soon buy a condo in Ottawa, with the intention of living in each for 6 months each year. We're not planning to rent either of them out, so I'm starting to think about how to close up the house each year. For those of you who live in multiple properties (especially in multiple countries), what has worked for you? Should I try to enlist friends/neighbors? Or stick with professionals? Any unexpected problems?  I'm concerned about mail, sprinklers, snow removal, security, etc.
+
+Edit: thanks for all of the advice! We're probably going to hire a home watcher, and install cameras and a smart thermostat. With regard to winterizing the plumbing, we'll discuss it with the home watcher.
+Tenant hit the garage door with his car yesterday.  He told me his car insurance expired a few days ago so he will call his renter insurance but I doubt they will pay for this.  How do I go from here? Thank you.
+So I was in my calculus class and the professor started talking about the black scholes equation and how gradients can be used to predict the market or maximize profits in options. Does anyone know how that exactly works or if it can be applied to both selling and buying options?
+I've written a few posts here about solar panels. I release all the data from ours daily at [https://gitlab.com/edent/solar-data](https://gitlab.com/edent/solar-data) 
+
+I saw a news article saying that [solar panel payback was in the order of 4 years.](https://inews.co.uk/news/home-solar-panels-pay-themselves-four-years-energy-bills-1796274)  So I thought I'd crunch my own data to see if that was likely. I think that estimate is a bit generous.
+
+We have 5kWp of solar panels on our roof. The panels generate about 4,200kWh per year.  Mostly in summer, but a decent amount in winter.
+
+Over a year, we export about 2,800kWh which is sold back to the grid.
+
+Octopus have an Agile Export tariff which pays us based on the half-hourly price for electricity. We get paid an average of about £0.22 for every kWh we export. That's about £600 per year in *tax free* income.
+
+We use about 1,400 kWh directly from our panels. When the sun is  shining, we don't buy electricity. Assuming electricity prices of £0.30 per kWh, that's a saving of £400.
+
+We earn £600 and save £400.  That's a total yearly "income" of **£1,000**.
+
+The average installation of domestic solar panels is - very roughly -  £5,000 to £8,000.  You might find a group-buy scheme which does it for  less, or you may have a really awkward roof and find it costs much more.
+
+So, *at the current prices* solar panels will pay for themselves in \~5-8 years.
+
+If electricity prices rise, and export prices also rise, that timescale will drop.
+
+If electricity prices fall, it will take longer to pay back.
+
+If the price of solar installation continues to drop, it becomes a no-brainer to get solar installed.
+
+Given another 20 years of generation, that could turn a healthy return on investment.
+
+There are no on-going maintenance costs with solar panels. The panels  are usually guaranteed for 25 years. It is possible that the inverter  needs replacing (usually guaranteed for 10 years. Cost of a few  hundred). And, like any electrical installation, things can break.
+
+I should note that we have 2kWh of batteries. That will affect the  ratio of how much electricity we use and export. It also adds to the  cost of installation.
+
+It is worth shopping around to see if anyone offers a higher payment for export, or a lower price for import.
+
+Solar has high upfront capital costs. Not everyone has £6-8k laying around. But if you can afford panels, they can dramatically reduce the  amount of money you pay for electricity.
+Good Morning Apes!
+
+Another day of downside looks like it may be in the cards as the continue to internalize buy volume. While volatility is continue to pick with very little buy pressure coming through to the lit exchange we are still experiencing declining price action.
+
+There is a small gap from March down between 116-118, I'm not a big fan of gap fills but I would look to that range to possibly find some support. We have not historically spent much time trading at these prices and so have very little data to show support and resistance.
+
+As of last night call volume was continuing to pick up and based on this from u/Turdfurg23 someone bought a 735k share block the morning of the 7th.
+
+https://preview.redd.it/frrck5tjsnb81.png?width=1202&format=png&auto=webp&s=6a744543b915b88dad178de3159c0acb595ecb89
+
+This is the largest GME block order in a very long time, and shows long institutional interest coming in. I think institutions buying this dip is bullish especially when factoring in the large call positions being opened.
+
+There is also some speculation that this could be GME using some of the funds they have from their original share buyback agreement since the values are closely aligned. But without a statement from the company which wouldn't be due till the Q4 10Q it remains speculative.
+
+[ ](https://preview.redd.it/a00pi29vsnb81.png?width=1144&format=png&auto=webp&s=0886a2b9559780be6c8af3ae57cf072377f920b4)
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream & Clips**
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After Market 
+
+Clawed our way back up to 116 at close and AH is looking a little spicy right now massive money being tossed around by the bears and bulls on todays options chain with $9m in puts that appear bought and $3m in Deep ITM calls bought If the numbers were more lined up I would say it was married put/call positions but the OI just indicates a struggle between different positions. Thank you guys for tuning in, amazing job sticking out the week. Remember the price is fake and they cannot do this shit forever. See you next week and for you Euro-apes remember market is closed Monday. 
+
+\- Gherkinit
+
+https://preview.redd.it/uzsfp0ulxpb81.png?width=692&format=png&auto=webp&s=48667b46551c405e05abb7958987fa106310b5fb
+
+Edit 4 1:38
+
+Stabilized after the market slipped. GME now cheap as fuck.
+
+https://preview.redd.it/1k0ul7897pb81.png?width=1567&format=png&auto=webp&s=5da00d7b18f34bf25c5cf4a9049ceb8a307aff51
+
+Edit 3 12:22
+
+IBKR rate now at 1.0% they are starting to hit the SEC lending pool. Just another indicator that pressure is mounting. Found a channel on the one minute sideways below VWAP for now.
+
+https://preview.redd.it/lu9urbwrtob81.png?width=1575&format=png&auto=webp&s=3e2c09a35464a616cd44ef304217b8f2b9f8f593
+
+Edit 2 11:09
+
+Failed to sustain the break of 120 but a massive chunk of ITM Feb 18 puts rolled in it's hard to tell if these are bullish or bearish. Based on price action after the order I guess bearish.
+
+https://preview.redd.it/wgsi1spogob81.png?width=439&format=png&auto=webp&s=240857e0d312aff165d5ba2c777fcc1d152ffde3
+
+https://preview.redd.it/v9fns1m0hob81.png?width=1577&format=png&auto=webp&s=3e70b84da6914e84cb93de9d60800c9cae151e35
+
+Edit 1 10:10
+
+Just opening the day with some consolidation looks like that gap at 116 was a good call. Also anyone questioning their ability to sustain the short position forever it looks like it's beginning to cost a lot more money to suppress the price. Remember the SEC statement about the missive number of puts last January...
+
+https://preview.redd.it/f7ehmax86ob81.png?width=829&format=png&auto=webp&s=efb9cccef9bd6e3272567eb0102c1b65ecb3d826
+
+https://preview.redd.it/bg8o1xjg6ob81.png?width=1572&format=png&auto=webp&s=a56b94977d0e177980bfdec248624367de4e244f
+
+# Pre-Market Analysis
+
+Down a couple more dollars and trading at 119 currently, with BBBY running yesterday time is running out on the whole basket, but they will probably try to delay running GameStop till the last possible moment.
+
+Volume: 34.45k
+
+Max Pain: 130
+
+Shares to Borrow:
+
+IBKR - 35,000 @ 0.8%
+
+Fidelity - This seems significant Fidelity borrow rate is up for the first time in a long time
+
+https://preview.redd.it/7mqo9jrlunb81.png?width=537&format=png&auto=webp&s=50a33dffde5cb9380d79daa79faa507b507e717b
+
+[GME pre-market 1m](https://preview.redd.it/iqueguilvnb81.png?width=1564&format=png&auto=webp&s=86c02a5dae28a8d1fd092ee1cd7e39010da2e5eb)
+
+CV\_VWAP
+
+https://preview.redd.it/kxw22x98wnb81.png?width=2443&format=png&auto=webp&s=899e17070abd2bdb5dbfe404b8d87a0735b49d4a
+
+TTM Squeeze
+
+[volatility is picking up as this continues to fire](https://preview.redd.it/3337xtmbwnb81.png?width=2445&format=png&auto=webp&s=6218141664b7e07a8a4710d507625e4f612317fa)
+
+MM FTDs
+
+​
+
+[Net short and fairly high volume](https://preview.redd.it/sk8ctqugwnb81.png?width=390&format=png&auto=webp&s=7bbddb4b8c5f4c83110032f76424e96a23858ae8)
+
+DIX
+
+https://preview.redd.it/8cn8nxawwnb81.png?width=2537&format=png&auto=webp&s=0593b94983c97e36ab6c3c54cd304224ae2ff21d
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+I don't even know anymore what's going on with Tesla's stocks. This is after Musk himself tweeted that it's probably overvalued.
+
+It's not like electric cars have taken over the world, they're still a young technology. Self-driving cars are still far from mainstream, too. What about Tesla are people so hyped for that makes them drive its stock value up so much?
+
+Can anyone explain this phenomenon?
+You can once again claim tax relief for additional costs if you have to work at home on a regular basis, either for all or part of the week. This  includes if you have to work from home because of coronavirus  (COVID-19). : [https://www.gov.uk/tax-relief-for-employees/working-at-home](https://www.gov.uk/tax-relief-for-employees/working-at-home)
+
+If you pay the basic rate of tax and claim tax relief on £6 a week you would get £1.20 per week in tax relief (20% of £6). It's even more for higher rate tax payers. 
+
+I've just claimed for the tax year ahead, a very easy and quick process.
+You can once again claim tax relief for additional costs if you have to work at home on a regular basis, either for all or part of the week. This  includes if you have to work from home because of coronavirus  (COVID-19). : [https://www.gov.uk/tax-relief-for-employees/working-at-home](https://www.gov.uk/tax-relief-for-employees/working-at-home)
+
+If you pay the basic rate of tax and claim tax relief on £6 a week you would get £1.20 per week in tax relief (20% of £6). It's even more for higher rate tax payers. 
+
+I've just claimed for the tax year ahead, a very easy and quick process.
+Can we get this trending and dare anyone to produce proof otherwise. We have the sec report stating the run up was due to fomo and very little to due with shorts closing. This needs to be more widely spread because it seems every show, talk, or documentary is missing the point, that the squeeze hasn't squoze! All the DD we have, in front of the right eyes right now can shift the conversation from it being over and now it's time to fix the markets, to it being a current fight against corruption and manipulation. These big players like D.Lauer, S.Trimbath, and John Stewart need to also see and understand that we're in the middle of the gamestop story still, not the end. Squeeze not Squoze is the most important message and yet seems to be suppressed. Its time for the truth to come out to the rest of the world.
+link:
+
+https://www.cnbc.com/2018/01/17/visa-will-not-process-bitcoin-transactions-says-ceo-alfred-kelly.html
+
+
+
+>    "We will only process fiat currency-based transactions," said Visa CEO Alfred Kelly.
+
+
+>    Kelly said he does not view bitcoin as a "payment system player."
+
+>Bitcoin is more of a "speculative commodity" to invest in, Kelly said.
+
+
+
+I think this is interesting because as I understand it, speculators are investing on the basis that one day these currencies will be accepted globally as universal currency. But if Visa won't accept it........
+
+My partner says this is how TSX and NASDQ differ.. he mentions we cannot average down by selling higher than the average we created (when, say, the share price you bought it at reaches that price again) - yet with the American stock market, they can.
+
+In other words: he says when I sell TSX shares at a higher price, compared to the average I created, the average does not change for that TSX. 
+
+Is this true? It sounds ridiculous.
+ 
+
+YouTube by CryptoPablo: [https://youtu.be/btuUT8gCdpQ](https://youtu.be/btuUT8gCdpQ)
+
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+
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+
+🗣 There will be an AMA on Twitch this Friday (04/30) with the creator and devs, more doxxing to come in! Announcement will be made on the Telegram Group of LonelyFans.
+
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+
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+
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+
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+
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+
+🚀 GET IN WHILE YOU CAN
+EDIT: title should include word ‘compulsory’ before membership! No getting out of it if you still want your tandem cc. 
+
+
+Just got the following email from Tandem. Bold text for emphasis - essentially if you do not wish to be a Tandem member, your account will close. 
+
+————
+
+We’ve got big news! Today we’re proud to introduce the Tandem Membership – an exclusive plan available to existing Tandem Cashback Credit Card customers. This membership unlocks a suite of exciting new benefits. Ready to hear more?
+ 
+Before we get to the exciting bit, it's important to know that there will be changes to your existing Tandem Cashback Credit Card. Keep reading to understand what this means for you.
+Tandem Membership
+	
+Market-Leading Savings Rate: Accelerate your savings with a 1.50% AER on your existing Tandem Account
+	
+Free Spending Abroad: You asked; we listened. No more interest on cash withdrawals abroad. Plus, continue to enjoy your holiday spending without fees
+	
+0% Interest Charges: We’ll drop the standard interest rate on your card to 0% for all purchases and cash withdrawals.* This means no interest charges on your balance – ever
+	
+Worldwide Cashback: Did we mention you'll continue to earn 0.5% cashback on all purchases over £1 worldwide? Keep saving every time you spend
+
+The APR takes into account the membership fee as a cost of credit. Your actual purchase and cash interest rates will be 0%.
+
+For a monthly fee of £5.99, you’ll gain access to all these benefits. If you choose to become a member, your existing credit agreement will change starting on 9th March 2020. 
+ 
+**If you choose not to become a member, you can use your card as normal until 9th March 2020. After this date, you will no longer be able to use your card and your credit agreement will end when your balance is repaid in full.**
+Re: https://www.reddit.com/r/Superstonk/comments/qnrmxx/more_leaked_github_code_confirming_lrcbased_nft/ and in particular, https://web.archive.org/web/20211028000950/https://github.com/Loopring/loopring-web-v2/commit/de1601d253991fd4c493a8d5629c02c7d38b5e23
+
+As a programmer, while I agree that many signs point to GME and Loopring working together, **this link in particular is not evidence**.
+
+It clearly says in a yellow box on the top of the github page: 
+
+> This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
+
+I know most apes here aren't very familiar with github, but that yellow box is very important. It means that **anyone can put anything on a page like this and have it _look like_ it's from Loopring**. 
+
+Sure, this could be a commit that they added and then deleted (a web archive of the commits page of the master branch would prove it), but it also could be some random commit made by someone completely unassociated with Loopring or Gamestop.
+
+I made this to demonstrate what I'm talking about. Have a look at this: http://web.archive.org/web/20211106062439/https://github.com/Loopring/website/commit/7be6b885b28012636099497eafbcf5e81ada2900
+
+Now, I don't think it's _likely_ someone faked this leak, because there's a lot of code in the leak, and only a small part of it seemingly accidentally references Gamestop. But I see lots of apes talking about this internet archive link as if it could have only come from someone in Loopring, because it says Loopring at the top. This is not correct.
+
+**Edit:** Since more incorrect info [has made it to the front page again](https://www.reddit.com/r/Superstonk/comments/r65mcg/-/hmrtht0), I made this third example. This one is identical, including author windatang, commit date, repo, etc, in all ways to the leak, except with an extra message by me. Compare these two links, the first one being the real leak:
+
+https://github.com/Loopring/loopring-web-v2/commit/de1601d253991fd4c493a8d5629c02c7d38b5e23
+
+https://github.com/Loopring/loopring-web-v2/commit/d9b7a03f42bf95dd10ba42639d47f69ca148aa81
+I just happened to stumble upon a big sub I USED to frequent regularly, and I was pretty surprised to see how combative the comments are over there.  Them them calling us conspiracy cultists vs. us calling them shills & bought out.
+
+Literally nothing good comes out of this.  Don't poke them.  If that sub really is bought out by bad actors, I promise you that sub is not the end of their influence on this site.   Reddit admins have tools to know where you frequent and in what order, if they see a large amount of users from one sub posting to another sub, they can shut it down for brigading, even if there is no explicit posts suggesting to do so.
+
+Buy & Hold, that's it.  Everything else is noise and does everyone and this sub in particular no good.
+**TA;DR:** In 2005, investors of CMKM Diamonds, Inc. attempted to pull all their shares out of the DTC and direct register them in their own name. During this process, 68.5 billion phantom shares were discovered and brokers began deleting CMKM shares from investors accounts. Brokers also prevented many shareholders from direct registering and instead had physical certificates issued to *themselves*. While there are significant differences between CMKM and GameStop, this may be the closest example of what to expect as the float gets closer to being locked up in Computershare. If/when shit hits the fan, don’t be surprised if the brokers pull the same kind of bullshit. DRS early and often.
+
+**TA:DR end**
+
+\*This post is a selected summary of pages 208-227 of Dr. Susanne Trimbath’s book “Naked, Short and Greedy.”\**^(1)*  *If you are unfamiliar with Dr. T (or a douchebag shill), please refer to footnote 1.*
+
+On November 4, 2005, CMKM issued a press release announcing a distribution that would require investors to get their shares registered in their own name, i.e., out of DTC.^(2)  Deadlines were set for DTC withdrawal and a shareholder task force was created. In July 2007, after several delays, the task force announced the total number of registered shareholders and shares. They also disclosed the existence of over 68.5 billion phantom shares, i.e., > 68.5 billion shares that could not be accounted for (should not exist).
+
+**Most relevant to GameStop:**
+
+Many of the investors were unable to direct register their shares because they were holding phantom shares. Although the investors had paid for these shares, the brokers either never obtained these shares to begin with or they had lent them out thereby passing on the “real” shares to the borrower. Dr. Trimbath dubbed these CMKM investors as “UnShareholders.”^(3)
+
+A deeper dive into these UnShareholders revealed that:
+
+* The following brokers were shown to either delete CMKM shares from UnShareholders’ accounts or incorrectly told them certificates were not being issued: Fidelity, TD Ameritrade, UBS Financial Services, Inc., Royal Bank of Canada, eTrade Financial, Bank of America, Charles Schwabb, Bank One, Bank of America, Qtrade, Piper Jaffray, eNorthern Brokerage, LeumiTrade, Fortis Bank Bruxelles/BBH New York
+
+​
+
+* The following brokers told “UnShareholders” that they could not get certificates. However, these same brokers got certificates for themselves: Bank of America, Ameritrade, eTrade Financial, Royal Bank Canada, UBS Financial, Chase, Charles Schwabb, QTrade, Piper Jaffray, Bank Leumi, Bank One
+
+​
+
+* Charles Schwabb, Chase Bank and RBC Dain deleted investors share positions at a time when the firms had no shares either in depository or on the books of the issuer
+   * Schwabb deleted investor positions (10 million shares) and at the same time ordered certificates for their own trustee accounts
+   * RBC deleted investor positions (11.5 million shares) and told investors that there were no share certificates available. However, documentation shows that RBC received certificates for themselves and other customers.
+   * Chase deleted a high number of investor positions
+
+​
+
+In the end, all shareholders of CMKM got fukt, including those that were able to direct register. There was no real value in the firm – they did indeed mine diamonds; however, it was revealed that all mineral rights belonged to the founders of the company, not the shareholders. Multiple lawsuits were filed and some are still pending.
+
+“The allegations of fraud and corporate abuse are the reason why no one heard the rest of the story, the one **where brokers were allowed to cheat investors by taking their money and never giving them any shares of CMKM**” (Trimbath, p. 209). Although Dr. T tells the story using CMKM as the example, she emphasizes that this stuff happens to every company with publicly-traded shares, big or small.
+
+Some key differences between CMKM Diamonds, Inc. and GameStop:
+
+https://preview.redd.it/ywoj8twe56a81.png?width=975&format=png&auto=webp&s=af0fa1f534a903a9cd83fe3f33f10dddaf5b4c44
+
+\*There were diamonds being mined but whatever mineral rights claim the founders of CMKM had was only ever owned by the founders. The assets never belonged to the company.
+
+\*\*[https://www.sec.gov/litigation/aljdec/id291bpm.htm](https://www.sec.gov/litigation/aljdec/id291bpm.htm)
+
+​
+
+**The purpose of this post is to point out the behavior of the brokers during the DTC withdrawal process.** Unlike CMKM, GameStop has an extraordinary future and is not going bust. The DTC, SEC, market makers, and brokerage firms will have a harder time sweeping things under the rug of the court system if and when things get spicy with GameStop. That being said, we are in uncharted waters.
+
+If retail owns multiples of the float, which I firmly believe, what kind of behavior can we expect of the brokers if/when shit hits the fan? DRS, mofo.
+
+​
+
+​
+
+​
+
+^(1)Anyone who throws shade at Dr. Trimbath is either a shill or lacks the knowledge of her background. She is a business professor in Arizona who started her career at the Federal Reserve Bank and DTC. She has been fighting the corruption for a couple decades and has even lent her time to Reddit for multiple AMAs. BuT sHe HaS bEEn PUshiNg HEr nEW BoOK “Naked, Short and Greedy.” Yeah, moron, she lays out all the corruption in detail for us. Besides, she deserves every penny she gets from the sale of this book. She has been fighting the good fight long before any of us knew of the corruption.
+
+^(2)DTC stonewalled any future attempts by other companies and got the SEC to grant approval for a rule change that prohibited requests for withdrawal of certificates that could be **instigated** by issuers. Hence, we would never see GameStop recommending that we direct register with Computershare. The fact that they mentioned Computershare in the last quarterly report should be telling. I’m hopeful they give us an update in Q4, but I wouldn’t be surprised if a new rule or undisclosed SEC threat prevents this.
+
+^(3)Almost anyone who receives a 1099 with “unqualified dividends” when they believe they owned regular shares, are probably UnShareholders, too.
+Past research has found that experienced well-being does not increase above incomes of $75,000/y. This finding has been the focus of substantial attention from researchers and the general public, yet is based on a dataset with a measure of experienced well-being that may or may not be indicative of actual emotional experience (retrospective, dichotomous reports). Here, over one million real-time reports of experienced well-being from a large US sample show evidence that experienced well-being rises linearly with log income, with an equally steep slope above $80,000 as below it. 
+
+​
+
+[https://www.visualcapitalist.com/chart-money-can-buy-happiness-after-all/](https://www.visualcapitalist.com/chart-money-can-buy-happiness-after-all/)
+
+[https://www.pnas.org/content/118/4/e2016976118#sec-1](https://www.pnas.org/content/118/4/e2016976118#sec-1)
+If you took someone eager to make day trading work as a full time, sole income source career, what would you say is a reasonable amount of weeks/months in order to become profitable given these parameters:
+- initial goal of $50/day net profit 
+- starting out with a $3000 account (in Canada so no PDT / minimum requirements)
+- using Interactive broker pro as the platform
+- have all the required equipment including four monitors, comfortable ergonomic chair, etc
+- don’t have to worry about living costs 
+
+What level of dedication and time/effort are we talking? 
+
+Looking forward to hearing from people that are actually consistently profitable.
+
+Thank you.
+I just realized I could do this after having a long but rather pleasant conversation with Ariel at Comcast. I assume it might work with with other cable companies as well. I was attempting to negotiate down my bill per usual and asked what the introductory rate was ($29.99). I am currently paying $61.78. 
+
+I asked "If I cancel service and someone living with me starts service a day later would they get the introductory rate?" 
+
+Keep in mind many cable companies have introductory rates in most areas to entice new customers.
+
+The answer was a surprising yes. I will implement later on today but figured a bunch of you Reddit folk could find this useful to save an extra couple of bucks a month. 
+
+
+Edit: a lot of you want me to leave Comcast and so do I but the problem is that my city's infrastructure has issues that prevent any other companies from coming in and installing their service. The whole city is Comcast. This also limits my negotiating power.
+
+Edit#2: Another idea that many are pointing out is that you can threaten to leave and ask them to reduce your rate. This is a good idea however it was not possible in my case (see edit 1) and even if so I don't think I would have managed as good of a discount (+50%). 
+
+So my mom passed away about a month ago. I'm her only child and after she died I found out from my step-father that she had a life insurance policy on me. She was named as the beneficiary.
+
+I [38F] was told I could either keep the policy for myself and change the beneficiary or just cash it in. The policy is worth about 18k. If I cash it in would I get the full 18k? Or is it smarter just to keep paying the premium (about $100 a year) and change the beneficiary to someone else?
+Does anyone honestly think the bottom is in? We haven't even got stats for the bankruptcies, we only have our toes dipped into the layoffs and job #s are not even fathomable how low they will go. Thousands are still employed and unsure if they will have a job next week.  Even if your position is long, does it not make sense to just sell a portion of your stock for even a week to take advantage of dodging a few % of losses?  Do people really think this is priced in at -30% from an outrageous peak. I feel like we have only taken a haircut on the excess that was the melt up in '19 we haven't even done damage yet or seen actual losses from reasonable highs. Canada is the most indebted nation in the G7 in household debt to GDP. 50% of Canadians were living paycheck to paycheck. 40% of Canadians have >20,000 in non mortgage debt. All the moves in deferrals and eviction freeze will only pile more debt onto Canadians. The relief funds will only pay for food and a portion of most people's rent. I don't understand how anyone could have come to this week without having sold or re-balanced anything.  Maybe I'm being overly pessimistic but I think we are not at all near the bottom and I don't think you are going to miss a skyrocketing recovery if you make even small defensive moves. I just feel like doing nothing, up until this point especially, is a bad strategy.   
+
+\-edit - household debt to GDP not national debt
+
+Edit 2. I feel like a lot of commenters are thinking I am saying we should all try to time the market perfectly and find the bottom. I'm not saying that at all. My point is that we are only in this first leg of the steepest decline in history and with all the inevitable bad news on the horizon, i believe it is extremely likely that there is more downside to this market so why not even sell a bit temporarily and let the dust settle for a short period as a safety measure on even a small portion of your portfolio.
+
+I am curious about the absolutism of holding it all when everything seems to be pointing to more downside and why you wouldn't even sell a small portion of each of your holdings for an opportunity to fend off a portion of losses and buy at any lower price. Even taking 10% off the table in a time like this seems like at least you will be extremely likely to reallocate it to something that you otherwise took a larger loss on and buy back cheaper. I am mostly curious about the absolute nature of holding it all and dont see why taking even a bit off the table for a small amount of time either to buy cheaper or to let the dust settle doesnt seem like an important thing to do in a time like this for so many people.
+ This isn't just normal ups and downs of the market and trying to time it. It's a major crash with tons of bad news on the horizon. I feel like the whole time in the market saying makes a lot of sense when talking about frequent trading in normal times but these once in a decade events are exceptional.
+Can't say how pissed I am. Can't adjust my longs even though the market is dying rn. Had a fairly volatile long open that I was going to sustain with additional margin, can't do any of that. App is just showing me "data can't be loaded". Pretty sure my position will just be already liquidated once their data service comes back online. 
+
+When will exchanges in this business take responsibility for what the hell they're doing? Imagine if Interactive Brokers just went out during a major selloff. People would sue the living hell out of them. 
+
+My heart goes to anyone who lost a position due to Kucoin fucking up AGAIN. I am sure someone from their PR team will read this and only not ignore it if becomes a thing.
+
+
+
+Edit 1: Yes the market isn't actually dying. Whatever. Exchanges are literally locking up our money and positions as they see fit.
+
+Edit 2: Yes trading on margin is risky. But that's completely besides the point when users can't close positions, can't add margin, can't do anything except pray that they don't get auto-liquidated while the exchange is down AKA can't manage their risk.
+
+Edit 3: My risk management bid ended up going through, position wasn't liquidated. This doesn't change anything, this post isn't just about my tiny little position getting rekt because Kucoin is down. It's about an exchange not allowing users to execute risk management strategies right when they need them the most and conveniently coming back online right as it's too late.
+Atlassian recently announced permanent work from home for employees.
+
+Twitter / Square - permanent WFH
+
+Facebook - 50% permanent WFH in 5 years
+
+[Google](https://www.businessinsider.com/google-employees-working-from-home-summer-2021-report-2020-7) extended its work-from-home policy by an entire year on July 27. Employees don't have to return to the company's San Francisco Bay Area campus until June 2021. [Uber](https://www.businessinsider.com/uber-corporate-employees-can-work-from-home-june-2021-stipend-2020-8) just made a similar commitment.
+
+As for my personal experience, all of my friends in IT earning 100k - 300k a year are working from home at least till December (at this point in time).
+
+So with the median wage going backwards in 10 years:
+
+[https://www.afr.com/work-and-careers/workplace/household-income-goes-backwards-20190729-p52bpf](https://www.afr.com/work-and-careers/workplace/household-income-goes-backwards-20190729-p52bpf)
+
+Most of the skilled migrants I've met have moved overseas due to inability to access jobkeeper/seeker and childcare subsidies (moved back to Canada, UK, Asia etc...)
+
+Apartments in my suburb have been vacant since June and rents are down 100pw for 1 bedroom apartments with no takers.
+
+According to RLB crane index, Sydney has about 330 construction cranes in the sky, Melbourne has about 250. Australia combined has over 600 cranes in the sky, whereas all of North America (US + Canada = 300m+ population roughly 12x more than AU) has only 330 cranes in the sky. 
+
+Considering low interest rates and wafer thin net interest margins impacting banks profitability and banks share prices down 30-50% (WBC, ANZ, NAB) from recent peaks, are people still bullish on property? If so, what's the reason?
+
+Curious to get people's thoughts on:
+
+\- Where do you see credit conditions / mortgage lending conditions in the next 12 / 24 months?
+
+\- With large companies (top ASX 50) committing to offshoring projects to Phillipines and existing jobs in AU hanging on with JobKeeper, do you see unemployment going up / down?
+
+I'm actually slightly bullish on property, cause I think new govt "planning" regulations and restrictions will compensate for all the capital losses (price) on property. I don't think yields will improve as that's tied to personal incomes, but capital gains could still continue on paper with more artificial state govt restrictions around property transactions / land / supply / regulation / development. I see NSW is keen on build to rent, what's happening in other states?
+Atlassian is down more than 20% in after hours trading.
+
+Many here mocked the thought when I posted about the possibility of a dotcom style bust for tech companies at the start of this year. At this point, I think it would be a fair call to claim we're in the midst of the dotcom crash 2.0.
+
+Where are we now? A small highlight reel of how far some popular names in tech have fallen year to date thus far:
+
+Atlassian - 62% (as at after hours price)
+Facebook (Meta) - 74%
+PayPal- 61%
+Netflix - 55%
+Google (Alphabet) - 43%
+Tesla - 46%
+Microsoft - 36%
+Uber - 35%
+CISCO - 31%
+Adobe - 50%
+Salesforce- 43%
+Block - 45%
+Amazon - 48%
+Z1P - 86% (lol) 
+Xero - 50%
+I just got my first big boy job a year out of college: 50k (37 after taxes holy shit), nice 401k, full benefits and all that jazz. I see people in this subreddit talk about having 3-5 million and they're like 35....it's insane to me but it's also very impressive.
+
+So I'm looking for the tips that can help me be like these people. I don't need millions in 10 years (I'm 22) or anything but I wanna know how to have that same mindset. How do I get started on this road, other than the usual 401k to employer match and a roth IRA?
+Lets say my business partner and I were to buy 10 houses. or 50. The number itself doesn't matter as much as the financing strategy. 
+
+Almost every investor uses 30 year mortgages to maximize their cashflow for investment rentals. But lets say we chose to go with 15 year mortgages. If we can survive on our incomes from full time jobs, and invest whatever small cash flow these properties still produce while just stacking equity in every house we get. In 15 years would we not be better off financially? 
+
+I am looking at it like this. If we don't NEED the cashflow, and can swing buying houses in cash, rehabing, cash-out-refi'ing into 15 year mortgages. Would our tennants not be adding massive amount of equity into our portfolio at a far faster rate than with 30 year mortgages where we are paying multiples of interest over time? 
+
+In 15 years we could sell all those houses and extract the delicious equity as liquid wealth, as opposed to in 15 years still having to deal with tennants and trying to maintain the properties because we rely on cashflow. 
+
+Can someone wiser walk me through the math or strategy here?
+I have to be honest, I didn’t expect to make another post so soon, but I have been flooded with messages and comments in the past few days, so I deemed it necessary (oh and also for the people crowning me things like the ‘uranium messiah’, ‘uranium guru’ and ‘that one uranium guy’, I am flattered, so thank you). Since my last post I have gotten a lot of questions regarding investing in uranium, the thesis, nuclear power, geopolitical changes and what the bear case for uranium is. So, I have decided to make a post highlighting the 10 most commonly asked questions so that more people can read my general answers to those and be informed about them. Here they are:  
+
+  
+
+Q: Isn’t nuclear power being phased out around the world?  
+
+ 
+A: No it isn’t, the US now has bipartisan support for it, Canada is looking at SMR technology, the UK intends to build small modular reactors, France has pushed back the phasing out of their nuclear power fleet from 2025 to 2035, several Eastern European countries are planning new reactors, China and the Middle-East are heavily pushing the construction of new power plants and there are many other examples of nuclear power being favored once more.  
+
+  
+
+Q: What companies should I invest in within the uranium sector:  
+
+  
+A: Check my post history and the subsequent comments, especially from my last post, to get an idea of specific stock picks. I don’t want to violate any subreddit guidelines by posting them here. What I can post however, is that everyone should check out the URNM etf and their holdings to get started.  
+
+  
+
+Q: Uranium has been trending downwards for almost a decade, who should it change now?  
+
+
+A: COVID-19 has really blown this market wide open and probably made sure this bull market started earlier by a margin of at least 1 or perhaps even 2 years. This rally was built on historic seasonality, bipartisan support from the US government and their strategic reserve bill, geopolitical backing of nuclear power, the closing of Cigar Lake (one of the world’s largest uranium mines) and the covering of uranium investing by some of the more mainstream investment outlets.  
+
+  
+
+Q: Did I miss the run already?  
+
+  
+A: No, we are nowhere close to reaching the end of this run and we probably still have years left before we see anything resembling a top. There are 6 phases to this investment and we are only just now barely starting to see the end of phase 1. Remember, the spot price of uranium needs to go to approximately $67.10 a pound to incentivize enough new production to have even a shout of fixing the supply deficit, although common consensus within the sector is that we need even more than that and that the spot price can reach inflation adjusted new all-time highs (~170 dollars a pound)  
+
+  
+
+Q: Won’t solar, wind and hydro remove the need for nuclear power and thus uranium?  
+
+  
+A: No it won’t, see the first question, it is the best and safest form of baseload green power generation we have. But for the sake of argument, let’s say we only finish the reactors currently under construction and shut all further planning of new reactors. What will happens? Guess what, the supply deficit is still significant and the thesis will still play out. There is roughly a 57 million pound supply deficit and the spot market is getting thin with both Cameco and Kazatomprom (the world’s 2 largest producers) buying on the spot market. This can’t hold out for much longer, regardless of whether or not nuclear power plants keep being constructed.  
+
+  
+
+Q: If the price shoots up, can’t people just find alternatives to uranium?  
+
+  
+A: No, for two key reasons. Firstly, as discussed above, we need nuclear power and we are starting to favor it more and more, which means we need a lot of uranium to meet demand. It is also impossible to change the fuel source in these nuclear reactors, you can’t just fill a plant up with natural gas or oil and hope it will do something. Secondly, unlike gas plants and coal plants, uranium is only a small portion of the total operational cost of these reactors. While with gas and coal it can be up to 80-85% of total costs, with uranium it is closer to 5-10%. This means that price can double and double again from here, without having an enormous impact on the total cost structure. Demand is relatively inelastic.  
+
+  
+
+Q: When prices go up, can’t Kazakhstan or some other state owned entity not just flood the market with uranium and bring the price back down?  
+
+  
+A: They can’t and they won’t (Kazatomprom has tended to favor quality over quantity since 2017). First of all, it can take up to 2 years for uranium to go from the ground all the way through the enrichment process and be ready to be used as fuel. This means that even if it was possible and these companies start pumping out massive amounts of uranium, it would take up to 2 years for it to even be used as fuel. This is why security of supply needs to be met years in advance, so that a reactor does not sit there without a fuel source. In terms of the fuel cycle, we are already well into 2023. In terms of the development of new uranium sources to reach the market, we might be in 2030 already. A decade is tomorrow in uranium.  
+
+  
+
+Q: But isn’t there hundreds of millions of pounds of uranium on earth?  
+
+  
+A: Yes there is, but no one is going to mine that at these prices. It takes many years to fully permit and construct a uranium mine in most countries. There might be plenty of supply out there, but there certainly isn’t a way to reach it easily without significant price incentive. Figures of 130 dollars or more per pound of uranium have been quoted as being needed to get to all these different sources of uranium.  
+
+  
+
+Q: What are some catalysts to look out for in 2021?  
+
+  
+A: There are several. Biden’s implementation of the ‘green new deal’, reactors finishing construction and being activated (needing around 3x as much uranium to start with to build a fuel core), the closure of two uranium mines (Ranger and Cominak, a combined ~7 million pounds a year, gone), long term contract negotiations, spot price increasing to meet the  increase in enrichment prices of the past few years, institutional money getting into the sector and last but not least more news on the development and possible implementation of small modular reactor technology. All these catalyst make 2021 a year to look forward to for uranium.  
+
+  
+
+Q: When should I sell my shares?  
+
+  
+A: I can’t tell you that, tops are nearly impossible to call in any sector. However, to get an idea of how a uranium bull market can unfold, here is an article covering the entirety of the previous bull market which ended in 2007. Read it, take some notes, read it again and craft an exit strategy for yourself. This is not a lifetime hold, don’t fall in love with these stocks, there will be a time to sell.  
+
+https://thetideoffortune.com/would-you-have-made-a-fortune-in-uranium-part-1/  
+
+
+Oh and an extra point regarding whether or not you should buy into the sector after the recent price run up:
+If you have not yet established a position in the market, I would advise to do so and scale in over time and extra on weakness. It is a volatile market and a pullback will come, the question is if that it today or next week after another 20% run up. 
+
+  
+
+So there we have it, 10 questions about the sector and the thesis. I have tried my best to provide short and easy to understand answers and I hope it helps all of you. Make sure to always do your own due diligence and asses your own risk tolerances, so that you are not shaken out by the volatility of this sector. Best of luck with your investments. 
+https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-may
+
+The IRS updated its guidance on the reporting of unemployment compensation revised by the American Rescue Plan enacted on March 11, 2021. It applied to me and I thought this might be helpful for others like myself.
+Hello everyone! This is my first post on Reddit 🥳🥳 happy to join this community!
+
+I’m 24 years old, I’ve been investing since August 2018. The platforms that I use are DeGiro and Plus500.
+
+I’m from Romania but I’m currently studying in Denmark. Soon I’ll finish my studies and move out from Denmark so I would not be able to use DEGIRO due to the fact that in Romania is not available. 
+
+My main investments are made in Plus500 and I’ve been holding them for 1y 1/2. I know they have the overnight fees, and is a CFD platform, but in the near future I’m planning to take out my profits and invest them in a brokerage company that I’ll keep for years. Now I’m in the stage where I try to find the best brokerage firm with low fees, and available almost in the entire Europe. 
+
+What do you guys think about InteractiveBrokers? Do you think it is a good idea to open a new account and start investing there?
+
+If I open an account on InteractiveBrokers with the residence in Denmark, is it hard to switch it to Romania or other country when I move?
+
+Thanks guys for your help 🥳🙏🏽
+Hi there,
+
+as per subject, my business partner and I invested in an unfortunate (scammy?) venture in Switzerland and were just informed that said company was closed on the 20-05-2020, followed by a communication (allegedly) on the 02-06-2020 that reached us only now and that declares we only have until Monday to make our claims on the leftover assets of that company (only by snail mail, apparently).
+
+Is this a regular procedure and, since we suspect a mishandling of the funds, how could we move legally in that direction, if that makes sense at all given the situation (liquidation of a foreign company, not even inside the EU)?
+
+Also: what format should our communication have in order to safely make our claims?
+How do you pick your bond ETFs? Government only? European vs global? (I am European) 
+
+Curious to know where are you all investing in bond ETFs 
+
+I am in my early 30, and I have a 90/10 allocation (stock+ bond). 
+
+I am currently investing 10% of my allocation in iShares Core Global Aggregate Bond EUR IE00BDBRDM35 (coupon 2,09%) - Weighted Av YTM as of 15/Dec/2021 1.24%
+Does anyone here invest directly with Vanguard or know how to go about doing so? I’m based in Italy and would like to put around €800k into the FTSE All-World UCITS accumulating ETF, pay my taxes and just forget about it for a few years.
+
+I already have a Degiro account that lets me access VWCE, but would it be preferable to invest directly with Vanguard if that’s possible? Would there be any downsides if I just stayed with Degiro?
+
+My Italian is pretty atrocious but I have people who will help me with that once I know what direction to take.
+
+Edit just to say thanks for your help guys and here is some more background on my situation:
+
+I'm a 39 year old male Brittish citizen who inherited a share of a property from my French grandmother and the money from the sale will be released around February. Taxes on the inheritance have already been paid in France and I'll be transferring the money to Italy where I'm a tax resident living with my girlfriend. I'll stay in Italy for the foreseeable future so just going to park my money here and withdraw a lump sum every year or two to cover my living expenses unless there's a better way to do things? I will inherit at least another 750k when my grandfather passes and will do exactly the same with that. I've always lived well within my means and will be perfectly content living on €20k per year while the money grows and I can go do some good in the world. Thanks again.
+Hi!   
+I just have an opportunity to live alone. Currently living with my parents, and have a calm relationship with them so no problem here. I have some experience with co-living too. I see the advantage of having some cash saved up, so please don't type anything like "you should have left 5 years ago blah blah". Let's talk about my monthly budget.  
+
+
+Income: 1300EUR  
+Rent + utilities: 500EUR  
+Food: up to 300EUR (?)  
+Gas: 160EUR  
+Barber: 65EUR  
+Subs: 20EUR  
+Phone: 24EUR  
+Coffee: 40EUR  
+Savings: 16K EUR  
+
+
+Remains: 230EUR  
+What should I add to my budget? I guess some toiletries, restaurants and going out?
+
+​
+
+Questions:   
+1. Should I leave my parents' house? Is it so worthy to live alone?   
+2. I need to buy a new car too, should I pay for it from my savings? How am I supposed to save another cash?  
+3. Should I be worried about my monthly budget?
+
+​
+
+Thanks
+Hello,
+
+I am new to investing this year and my wife and I have some extra funds to invest. She saw the amazing growth Tesla had and is predicted to still have. She wants to put the money into tesla.
+
+Since it's only $6K that we have right now we would get less than 10 shares, so tesla would really need to perform well to make a good return.
+
+Are we better off in say the ARK ETF which holds tesla? That way the number of shares is higher. 
+
+Does number of shares even matter? I guess what I am saying is do you invest in say Tesla or Amazon with limited funds?
+
+Thanks in advance!
+Hello everyone,
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+**Important Edit: Turns out the Sub was just pulling a practical joke for some reason? Not sure why, but that's fine. Going to leave this post up for posterity, I won't pretend like they didn't get me with this joke. Despite this post being made in response to what we now know was a joke, the main point of this post is still relevant, please refrain from discussing other subs.**   
+
+
+**Also, there is an important lesson to be learned here: If news comes out, we shouldn't be so quick to jump on it and make assumptions. Lets try and be better about that as a community**  
+
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_  
+
+
+The mods got word on this a little bit ago, the circumstances are quite odd. That having been said, [r/Superstonk](https://www.reddit.com/r/Superstonk/) is not going to be the place to discuss it, we apologize. We do not know anything about the BofA lawsuit with the Subreddit or Reddit itself-- no one does.
+
+I feel it is important to remind everyone of this rule:
+
+​
+
+​
+
+https://preview.redd.it/fosl9y43q1971.png?width=757&format=png&auto=webp&s=0caac4b9d65b59c1034f0ec4bcc4ddff520ca391
+
+​
+
+Anyone talking about Wallstreetbets will get their post removed, and one warning. if you try and circumvent direct discussion by using another form of their name (ie WSB, Wallstbets, stbets, WSBets, etc.) that will be seen as a direct action in the effort of breaking this rule and we will act appropriately.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Please know that we are aware that this isn't ideal. I know that personally, I am very curious as to the ins and outs of the situation, but this rule must be enforced to comply with Reddit admins' requests for us to be more vigilant in not discussing other communities.I am sure there will be more information coming out soon, and we will let you guys know if we hear anything from Reddit about this. For now, please help us by not engaging with this topic, it will make spotting the shills much easier.
+
+Cheers,  
+B\_T  
+
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_  
+
+
+​
+For me, examples are a couple of carbon steel pans, a good winter coat, good slippers,  good office chair. We just bought a new mattress and I already feel like we should have done it a couple years earlier. All of them save on ongoing costs, be that heating, repeat clothing, specialist treatment etc. I think a big one was a house that's enough for us,  not too big,  which saves on mortgage payments, heating etc. 
+
+What have you bought, or are you considering buying, that you know will save you money going forward?
+
+Edit: Aww thanks for the Silver kind internet stranger!  ♥
+It baffles me how Coinbase, Binance, Kraken and almost most other exchanges have some sort of restriction SPECIFICALLY for users from the United States. The SEC threatening to sue any exchange that tries to give people a liveable interest rate is unacceptable. 
+
+Absolutely NO ONE should have their money in a deposit account giving them an interest rate of 0.025% while the inflation rate is nearly **7%.** A 10% Stablecoin interest rate is already 400 times higher than what most banks are offering. Banks know they can't compete for shit, so they choose to sue any competition for as long as possible.
+
+Almost every other western country in the world allow their citizens the freedom to choose where to deposit their money. The SEC threatening to sue any competition just shows how miserable and desperate they are.
+I’m 16 and don’t have much financial knowledge but would love to learn more, why is the rule of thumb 30% of your gross income if that’s not actually what hits your bank?
+About a month ago I went into the ER for chest pain. I just got the bill and my insurance didn't pay anything on it, I owe $1700. I can't pay this and I don't know what to do. I asked the woman behind the desk what I would have to pay because I wanted to make sure I could afford it but they took me back before she told me or even gave my card back. It says on the bill that $1643 was taken out as "adjustments" which was like half of what I owed originally, but it's still really high. Can I get it lowered any more?
+​
+
+https://preview.redd.it/bvt3e8ee0h771.png?width=1426&format=png&auto=webp&s=85ae7e5ca65b1ea89a006560de23ecb92cf0253b
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Today's Recap 📈
+
+# $GME Closing Price: $209.51
+
+​
+
+Open Price: $214.00
+
+Daily High: $214.20
+
+Daily Low: $198.50
+
+Volume: 10.15 MM
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🖍🍎🚌GME 101🚌🍎🖍
+
+​
+
+*If you're new to Superstonk, start here!*
+
+​
+
+[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
+
+[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
+
+​
+
+The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Russell 1000
+
+​
+
+Every year in May and June, the Russell Indexes release an updated list of the constituents for their various indexes, notably the Russell 2000 and Russell 1000. 
+
+​
+
+And today $GME qualifies to be added to the Russell 1000 Index. Which historically is a day in the stock market that sees the most volume action. 
+
+ 
+
+I've seen a lot of discussion of whether this means that shorts will have to cover the ETFs they shorted that contained $GME. The answer, as far as I can tell, is no. Well.... not necessarily....
+
+[u/dlauer](https://www.reddit.com/u/dlauer/) clarified that in this comment:
+
+"*There's not really any kind of short-covering requirement when a stock gets added to an index.* ***However, the announcement is usually bullish because it adds buying pressure.*** *Russell rebalancing day is the the CRAZIEST day in the stock market. Volatility and volume is usually the highest on that day, as stocks are added and removed from Russell indices, and weightings are changed. A bunch of ETFs follow Russell indices and need to rebalance their portfolios to reflect the new index composition in order to minimize tracking error. So getting added is a big deal, and leads to a lot of buying pressure from those ETFs (and from people trading ahead of that addition and trying to get the alpha between the announcement and rebalance dates).*"
+
+​
+
+Also remember that we are not likely to see the resulting action in the stock volume (or price) until afterhours or Monday/next week. 
+
+So don't get toooo hyped thinking that this will be some sort of catalyst by forcing shorts to cover. Yes, all shorts must cover eventually, but this is not that. Still cool af though!
+
+​
+
+[Just a Reminder that Moving to the Russell 1000 means selling. Expect some downward movement before upward movement this after noon. Short explanation vid from 3 years ago](https://www.reddit.com/r/Superstonk/comments/o7oitk/just_a_reminder_that_moving_to_the_russell_1000/?utm_source=share&utm_medium=web2x&context=3)\- posted by u/613Flyer
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 005 and 002 are Primed and Ready for Liftoff
+
+​
+
+[002 is in online](https://www.reddit.com/r/Superstonk/comments/o6xgso/002_is_officially_in_effect_published_on_federal/)
+
+[005 is approved](https://www.reddit.com/r/Superstonk/comments/o7jyho/srdtcc2021005_was_approved_last_night/)
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Community Award Design Contest
+
+​
+
+https://preview.redd.it/1zy1y1ssyg771.png?width=1000&format=png&auto=webp&s=f2b801ec093450db2db46e18686ddc0e629a4ef6
+
+u/redchessqueen99 and u/bye_triangle have made their way through the 150 submissions we received for the community award design contest! They will be working through the weekend to get the brackets set up, and we will begin voting next week, so stay tuned!
+
+​
+
+https://preview.redd.it/rrasn4kuyg771.png?width=1000&format=png&auto=webp&s=4d74845fdf4e95bf4bf61ad462abeb3ea447d4fa
+
+I would share some with you here but that would ruin the surprise! Trust me, these are **GOOD**!!
+
+​
+
+https://preview.redd.it/6r8enacwyg771.png?width=1000&format=png&auto=webp&s=134772aaed464693df8e65b296bdce596f241900
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Monkey Business
+
+​
+
+Yesterday u/sharkbaitlol was an absolute pro at hosting another fun episode of Monkey Business on the Superstonk Live YouTube channel! We talked about RRPs, Ryan Cohen Tweets, Gamestop's ATM offering, and more. And right now I want to give an extra shout out and thank you to our guests! 
+
+u/buttfarm69 , u/broccaaa , u/draygon_media , u/tearsaresweat , u/roodboy22 were all wonderful and insightful (👀 *buttfarm*) and we look forward to welcoming you back in the future, as well as more apes from the community! 
+
+[**Link to yesterday's Monkey Business**](https://youtu.be/52JbzEuYb8A)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Community Spotlight
+
+​
+
+* u/zedinstead's[Superstonk Guide](https://www.reddit.com/r/Superstonk/comments/o7mmwm/i_wonder_what_regularly_scheduled_programs_are_on/)
+
+https://preview.redd.it/hsnfqd8aug771.png?width=640&format=png&auto=webp&s=c9081ea0f39ba4e57d93fbb7da067ff8f2c22381
+
+* u/ClearEye2428's Stonker Deck Trading Cards are another awesomely creative idea and I can't wait to see more! 
+
+I could link them all here but it's probably best to visit their profile! [Link](https://www.reddit.com/user/ClearEye2428/posts/)
+
+​
+
+​
+
+* [Dark Pools, Price Discovery and Short Selling/Marking](https://www.reddit.com/r/Superstonk/comments/o70lid/dark_pools_price_discovery_and_short/) by u/DLauer
+
+> *Recently, and since I've joined this sub-reddit, there have been a ton of questions around the role that Dark Pools play in US equity market structure. I wanted to put together a post to clarify some things about how they operate, what they do, and what they cannot do.* 
+
+​
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# A Note from your friendly local Pink Cat ✌❤🐈🦄🚀
+
+I've seen lots of confusion on where to go if/when reddit goes down, which has been happening a lot more lately. While we do have an "emergency broadcast system" in place, I encourage you to remember, that pretty much everyone in Superstonk is a long term investor, and my personal mantra is just Buy and HODL. I love the company and will probably sit on my shares for far longer than Citadel is a standing business. I like the stock. 
+
+​
+
+But I digress... no, we aren't meeting at Gangnam Style. Apparently that originated with the movie crowd and that's not our video to claim anyway. All the mods twitters are listed below, and the YouTube channel has a lot of content to hang out in the comments. Just wanted to clear up any confusion!
+
+​
+
+[ u\/thechaoschicken ](https://preview.redd.it/yjw1hs510h771.png?width=525&format=png&auto=webp&s=554ae7d442ca152ddd06954015116cddaeb2e443)
+
+NOW DROP THOSE FLAIR REQUESTS IN THE COMMENTS!! 👇👇👇👇
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# We Like the Company! We Support the Company!
+
+​
+
+[ u\/DReck417 ](https://preview.redd.it/j4w2aod40h771.png?width=998&format=png&auto=webp&s=9c6b4b3d1e9f073f21eb3dbc1cd4cc6992b7764a)
+
+​
+
+Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
+
+* [**Shop at Gamestop.com**](https://www.gamestop.com/) **🛒**
+* [**Become a PowerUp Rewards Member**](https://www.gamestop.com/poweruprewards/) **✊**
+* [**... Which gets you a subscription to Game Informer Magazine**](https://www.gameinformer.com/) **🚀**
+* [**Follow Gamestop on Twitter**](https://twitter.com/GameStop) **🦍**
+* [**Subscribe to Gamestop's YouTube Channel**](https://www.youtube.com/user/gamestopvideo) **🖍**
+* [**Follow Gamestop on Twitch**](https://www.twitch.tv/gamestop) **🎮**
+* [**Follow Gamestop on Instagram**](https://www.instagram.com/gamestop/?hl=en) **🌙**
+* [**Follow Gamestop on Facebook**](https://www.facebook.com/GameStop) **��**
+* [**Apple Devices- Download the Gamestop App**](https://apps.apple.com/us/app/gamestop/id406033647) **(Link to App Store) 🍌**
+* [**Android Devices- Download the Gamestop App**](https://play.google.com/store/apps/details?id=com.gamestop.powerup) **(Link to Play Shop) 📈**
+* **Brands owned by Gamestop; ThinkGeek, GameInformer,** [**MicroMania**](https://www.micromania.fr/)**, and** [**EB Games**](https://www.ebgames.ca/) **💎**
+
+Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🚨 Reddit down 🚨
+
+# With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
+
+**IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.**
+
+[https://twitter.com/ByeTriangle](https://twitter.com/ByeTriangle)
+
+[https://twitter.com/PinkCatsOnAcid](https://twitter.com/PinkCatsOnAcid)
+
+[https://twitter.com/RedChessQueen99](https://twitter.com/RedChessQueen99)
+
+[https://twitter.com/rensole](https://twitter.com/rensole)
+
+[https://twitter.com/u\_sharkbaitlol](https://twitter.com/u_sharkbaitlol)
+
+[https://twitter.com/BradduckF](https://twitter.com/BradduckF)
+
+**IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:**
+
+[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***OOK OOK***
+
+***"I may have been early, but I am not wrong"***
+
+​
+
+https://preview.redd.it/0m5s4cxj0h771.png?width=1600&format=png&auto=webp&s=0f751b3143e0b4ba6b3d83967f7e16cbd224a226
+Recently broken up and trying to understand the financial side of it, I will speak to a financial advisor but wanted to get your guys opinion. 
+
+Bought the house for £290000 and I put down £45000 and my gf £0. We have both paid £500 a month for the last 3 years, as well as an extra £100 for finance on the kitchen we got which is due to be paid off next September. 
+
+I have just assumed I will have to pay her back the £500 x 36 (months she has paid) and additional 100x 15 (started paying kitchen finance October 2020) plus whatever the house has increased in value… 
+
+Does this sound correct roughly or am I missing something? 
+
+I have paid all other bills.
+
+EDIT 
+
+Thanks for all the responses and apologises for missing out some of the key info - 
+
+We have a deed of trust so I’d keep the 45k
+Tenants in common
+And we are not married
+
+But I think from reading all the comments it’s pretty obvious now so thanks!
+I recently rented a car with Sixt in France (it has been a nightmare from start to finish, would highley reccomend avoiding them in future...), and just recieved the final invoice. It inculded a €110 fee for a "damage waiver" which i told them i didnt want when asked.
+
+I have tried disputing with them, but am struggling, especially as they insist on corresponding in french, when the respond at all.
+
+I did pay on my amex, is this something they can help with?
+I bought puts on SPY and now I'm -90% down on my portfolio. I've lost everything. I'm crying right now. I am so stupid for betting against the Fed.
+
+I give up. I am liquidating the remainder of my portfolio. It's over. I'm putting what's leftover into index funds. At least index funds can't blow up.
+Just a fun discussion.
+
+​
+
+Would you feel "safe" retiring if your premium income tripled, quadrupled or even more your salary income? or is it a bad idea
+I've dabbled in the stock market for 20+ years with mixed results,  and just started wheeling in January. So far I am very happy with the results despite making some mistakes, learning some lessons, and taking some hard hits this week.
+
+There are 2 things that I feel have been a real benefit  to me bedsides collection of premium. Since I haven't noticed any discussions about them, I thought I'd mention them
+
+1. It's helping me to build a bigger and more solid portfolio.
+
+I was never good about investing the way you're  supposed to, with dollar cost averaging, diversification, etc. I had a very variable income so tended to invest sporadically in big chunks and then do nothing for long stretches of time. Not a good plan.
+
+Now, I'm collecting premium every week and building up cash I wouldn't have otherwise had, which I have then used to purchase additional shares in new companies (which I am also running the wheel on). So long as I keep doing this, I should be buying new shares pretty regularly, which will mean that if the market tanks and everything goes on sale I should still be picking up things at a great price rather than missing out as I'd usually have done.
+
+I started wheeling with 200 shares of a now-hefty and very wheelable stock I bought cheap in 2014 and hope to continue to own quite a bit longer. Now, I still have the 200 shares, plus an additional 100 shares each in 3 relatively  inexpensive but hopefully solid companies that I am happy to own (even the one that sank like a stone this week). 
+
+I'd have even  more had I not made some rookie mistakes along the way, but I'm still very pleased with the result. Had I not wheeled, I'd have nothing other than the original shares - which are currently 12% down from where they were when I started my wheel.
+
+2. It makes buy/sell decisions much more systematic and helped me stop being paralyzed by indecisiveness.
+
+Having had some big losses over the years, I'm a very nervous investor. After I dropped a huge chunk into tech stocks about a month before the giant 2000 bubble burst, I was too scared to buy anything for about 5 years. I eventually started investing again but never had any confidence that any decision I made wouldn't be another disastrous mistake.
+
+When I finally got lucky and picked a stock that took off fast, I had no clue what to do. I was pretty sure that if I didn't sell it the stock would tank back down and all my paper gains would vanish, but that if I sold it would surely skyrocket and I'd feel like an idiot.
+
+When I started selling calls on my 200 shares, all that fear and indecisiveness went away. I write them pretty far OTM, since I'd prefer to hang onto it. But if it gets called away, I'm ok with that and will just start  selling CSPs to see if I can get it back. If it gets so far away from me that I can't get it back, I'll be OK with that and will find something else to buy instead.  
+
+So far, I've been exercised once and had 100 shares called away, and got them back at the same price the next week with a much higher premium than I usually try to make on the call side.
+2020 was filled with up’s, downs, and just about everything in between. I lost overall 50K while I watched many others on the sideline turn profit after profit, sometimes upwards in the millions. 
+
+2021 will be an interesting year to say the least. The economy is at a turn of events and will continue to be for the foreseeable future. 
+
+If you had the chance in 2021 with a 50K starting base, where would you put it? What’s your stance?
+I've been reading this forum and learning about real estate investing, there's a lot of good information about cash flowing properties and getting low mortgages, refinancing, etc.
+
+What are some good resources to learn about real estate investing without borrowing money? I'm in a situation where I can purchase a few properties outright, but havent found good information about what kinds of properties/situations best suit my purpose.
+
+Is now a good time to do something like that? Since interest rates are high I imagine less people are buying so prices are going down? Im completely new to the real estate thing, trying to wrap my head around it. 
+
+​
+
+thanks.
+Please use this thread to discuss various methods of filing taxes. This can include:
+
+* Tax Software Recommendations (give detail as to *why!*)  
+* Tax Software Experiences  
+* Other Tax Filing Tools  
+* Experiences with Filing Manually
+* Past Experiences using CPAs or other professionals  
+* Tax Filing Tips, Tricks, and Helpful Hints
+
+If you have any specific questions, or need personalized help with taxes that don't belong here, feel free to [start a new discussion](http://old.reddit.com/r/personalfinance/submit?selftext=true).
+
+Please note that affiliate links and other types of offers are [not allowed](http://www.reddit.com/r/personalfinance/wiki/rules). If you have any questions, please [contact the moderation team](http://www.reddit.com/message/compose?to=%2Fr%2Fpersonalfinance).
+See the [new post](http://mfcritic.blogspot.com/2020/04/the-real-sting-of-this-market-crash.html) by MF Critic, insightful as always. The argument was the current crash is worse if you consider the number of years of growth wiped out in the crash.
+Nifty is breaking crucial levels on daily basis since past week. Although, the percentage fall in Nifty is lesser than that of global indices including US. 
+
+Is there a chance of Nifty in next couple weeks getting a little bullish since India could act as a safe haven for global investors since businesses aren’t much dependent on outsiders and internal demand won’t be effected much because of huge population? 
+
+Or do you suppose it would go down along with global indices? If that’s the case, what’s the crucial support it could take according to you? 
+
+SGXNifty is already down @ 11100 as now. If the same downtrend continues, won’t be shocked to see Nifty testing 10000-10500 levels within a month.
+Given the extremely poor ratio of people who pay income tax in India. Only the salaried class having to carry this burden. Is it time to move to a consumption type tax system and abolish income and tax for individuals?
+I used to invest lumpsum on days of steep corrections in the US markets via MF's. However with the restrictions on new & existing MF's slowly being enforced, I'm considering buying ETF's directly for lumpsum investing purposes. What are my options here? I only found SPY & QQQ but can't seem to find these ETF's on Groww. Any help is appreciated.
+I just transferred more RRSP funds to questrade and was wondering if right now was a good time to buy (considering the current low). 
+
+I already have 35k$ in RRSP and LIRA invested in VGRO. 
+I would highly appreciate some advice and tips on my situation. 
+
+Getting a job thankfully won't be an issue. There are many available in my area and I have a good resume. My goal is to get hired this week. Apartments here cost around $450 to $700 a month, so after receiving one or two paychecks I should be able to move in. This is a straightforward plan, though I wonder what I can do to cushion myself and expedite the process. I don't have credit history and cannot get approved for loans (not bad credit, just lack of history). I hope that I can get approved for a credit card once I get a job. I'm also looking into applying for assistance with food which will allow me to put more of my check toward an apartment or room. Are there other services that could help me?
+
+I'm brainstorming about how I can use my skills and resources to my advantage. Here's some more info about me: I'm very creative and talented in performing arts. I'm physically fit. I have a Bachelor's degree in English. I can navigate a computer well and have constant access to the internet and to a phone. It also may be important to note that I'm single and childless. I have no debt or monthly payments such as insurance or a phone bill.
+
+I'm very thankful to have stability this month. Though I'm confident in myself, I've felt paralyzed lately due to stress and could use some guidance. Any tips or resources will be greatly appreciated. Thank you!
+
+Edit: I'm blown away by how much time and attention has been given to my thread. Thank you to all who have commented!
+Not a special story but it's mine. I'll just hit the bullet points and if you have any questions go ahead and ask. 
+
+- Quit smoking in August of 2015 at 26 years of age. 
+
+- Went for about 6 months of spending what ever I wanted because I had so much extra money .
+
+- December of 2015 decided to take health to next level and started to diet. Down 60 pounds to 195. I am 6'2'. One pound away form Normal BMI. That's what prompted me to write this. 
+
+- January of 2016 got a new job. Pay went from $33,000 a year to $43,000. 
+
+- After my 6 months of spending crazy decided that was dumb and wanted to start saving. I was always decent with money, and knew about this mind set but really took the dive in April of 2016.
+
+My plan was simple, to take $400 of my paycheck, and $400 of my wife's paycheck, every single paycheck and start paying towards debt. She makes around $32,000 a year. I talked with her and she was on board. I was always in charge of the money and told her it wouldn't be hugh differences, just simple less spending of money on shit we don't need.  The only other thing we do towards FI besides house payments is I put 20% toward 401K with 7% on top from employer, and wife puts 6% with 3% on top from employer. 
+
+When we started this journey, money specific, back in April '16 we had $31,000 of Student Loan/Car loan debt. Today we are at $9000 of consumer debt. Goal is to have that paid of by October 1st. We will then move to our mortgage of $68,000, and hope to be done with that by April of 2020. 
+
+That's where we started and that's our big mid term goal. We are also running our first half marathon together in June. We rode a century ride last June. And I plan on training for an iron man for next year. Combined my wife and I have already lost over 100 pounds and are still working at the last 40. 
+
+This subreddit was an inspiration. Not my only source of motivation but was a big help and still it's pushing us forward each day hearing stories of people FI and RE. Don't know if early RE is super important for us, my wife says she wants to work forever, so maybe just early RE for me. I don't know what the future holds but I do know that the path we are on today is much brighter because of FI.
+Not a special story but it's mine. I'll just hit the bullet points and if you have any questions go ahead and ask. 
+
+- Quit smoking in August of 2015 at 26 years of age. 
+
+- Went for about 6 months of spending what ever I wanted because I had so much extra money .
+
+- December of 2015 decided to take health to next level and started to diet. Down 60 pounds to 195. I am 6'2'. One pound away form Normal BMI. That's what prompted me to write this. 
+
+- January of 2016 got a new job. Pay went from $33,000 a year to $43,000. 
+
+- After my 6 months of spending crazy decided that was dumb and wanted to start saving. I was always decent with money, and knew about this mind set but really took the dive in April of 2016.
+
+My plan was simple, to take $400 of my paycheck, and $400 of my wife's paycheck, every single paycheck and start paying towards debt. She makes around $32,000 a year. I talked with her and she was on board. I was always in charge of the money and told her it wouldn't be hugh differences, just simple less spending of money on shit we don't need.  The only other thing we do towards FI besides house payments is I put 20% toward 401K with 7% on top from employer, and wife puts 6% with 3% on top from employer. 
+
+When we started this journey, money specific, back in April '16 we had $31,000 of Student Loan/Car loan debt. Today we are at $9000 of consumer debt. Goal is to have that paid of by October 1st. We will then move to our mortgage of $68,000, and hope to be done with that by April of 2020. 
+
+That's where we started and that's our big mid term goal. We are also running our first half marathon together in June. We rode a century ride last June. And I plan on training for an iron man for next year. Combined my wife and I have already lost over 100 pounds and are still working at the last 40. 
+
+This subreddit was an inspiration. Not my only source of motivation but was a big help and still it's pushing us forward each day hearing stories of people FI and RE. Don't know if early RE is super important for us, my wife says she wants to work forever, so maybe just early RE for me. I don't know what the future holds but I do know that the path we are on today is much brighter because of FI.
+Hey guys, this week [MakerDAO](https://makerdao.com/) and [Wyre](https://www.sendwyre.com/), announced the availability of Dai as a trading pair, allowing for fast and compliant conversion of fiat currencies to Dai (Maker’s stablecoin).
+ 
+We thought you might have some questions on the partnership, fiat on/off ramps, or anything else happening with our projects or in the crypto space in general.
+ 
+You can read the full announcement [here](https://medium.com/makerdao/makerdao-and-wyre-give-businesses-immediate-access-to-dai-stablecoin-in-over-thirty-countries-4fe94957c730).
+ 
+Also, if you’re in the Bay Area, join our [hackathon](https://medium.com/makerdao/makerdao-and-wyre-host-unblock-hackathon-come-join-us-this-weekend-in-san-francisco-54eab4b90add) happening this weekend.
+ 
+We’ll begin answering questions at 11am PST, and we’ll be checking in periodically for the rest of the day, so keep the questions coming. Excited to chat!
+ 
+ 
+More info on Maker:
+
+[MakerDAO.com](https://makerdao.com/)
+
+[r/makerdao](https://www.reddit.com/r/makerdao)
+
+[Join our chat](https://chat.makerdao.com/)
+
+[@makerdao](https://twitter.com/MakerDAO)
+ 
+ 
+More info on Wyre:
+
+[sendwyre.com](https://www.sendwyre.com/)
+
+[Blog](https://blog.sendwyre.com/)
+1. You would have sold for 1,000
+
+2. You can buy more shares before we squeeze 
+
+3. You’ve learned more about finance in months than most people in their lifetimes
+
+4. You experienced first hand now twisted the MSM is and know to not trust them 
+
+5. The friends we made along the way
+I don't have the best credit, but have been working on trying to take proactive steps to start rebuilding it over the last month or so. Today I noticed my credit score tanking, and I went to investigate why. I see that one debt collection service has reported a debt that I don't recognize, the date is younger than any debt I would have personally accrued (March 2019 was what they had listed.) They also have an address on my account listed as mine in a state I have never lived in. To make matters worse, they've reported the same debt 8 times in the last year, changing the amount anywhere from $138-$305 each time. I disputed the debt with Credit Karma, but are there any more steps I can take to get all these negative marks removed? I feel like this cannot possibly be legal. I also did not see a way to dispute the random address, but that concerns me even more than my credit score going down. 
+
+TLDR: DC reporting a debt of varying amounts 8 times in a year is trashing my credit, and they have an address from a state I've never lived in. What should I do?
+Robinhood Markets Inc. priced its initial public offering at $38 a share, at the low end of expectations, after the popular trading platform met tepid demand for its highly anticipated debut.
+
+The price chosen by the company and its underwriters is at the bottom of the range of $38 to $42 a share they had been targeting. It pegs Robinhood’s valuation at about $32 billion, far higher than the nearly $12 billion it fetched in a funding round a year ago but below the lofty prior expectations of some investors and bankers.
+
+Robinhood has said it and some executives would sell 55 million shares, so the offering should yield more than $2 billion.
+
+The price reflects both hesitation on the part of some investors, who bristled at what they saw as the high valuation Robinhood sought, as well as a conscious decision by the company and its underwriters to be conservative in order to help set up a successful first-day of trading, according to people familiar with the matter.
+
+Next up for Robinhood is its trading debut, which the company will make Thursday on the Nasdaq stock exchange under the symbol HOOD. It is a markedly different debut than the traditional IPO. While most companies only allocate a small amount of stock to individual investors at the time of their IPOs, Robinhood sold a big chunk of its IPO shares to individual investors over its new platform that gives users access to IPOs before they start trading.
+
+That high individual investor allocation is an X factor for Thursday’s debut. The large chunk in the hands of individual investors-—as well as the buzz around Robinhood by other individual investors who didn’t receive shares in the IPO—represents a wildcard, and some traders at banks that underwrite big IPOs say it is hard to predict how that will impact the stock at the open.
+
+Robinhood’s decision earlier this year to stop users from buying meme stocks like GameStop Corp. GME -5.28% during the height of the frenzy for such shares rankled some investors and could prompt some to eschew the offering.
+
+Past IPOs in which a significant percentage of shares were allocated to individual investors have struggled. In 2012, Facebook Inc. FB 1.49% sold about 25% of its IPO to individual investors. The stock closed slightly above its $38 IPO price in a rocky first day of trading before tumbling the next day, in part because many individual investors received more stock than they wanted. It took more than a year for Facebook to close above its IPO price again. In 2006, Vonage Holdings Corp. VG 0.56% allowed longtime customers to buy into its IPO. Its stock also wobbled in early trading.
+
+The Robinhood listing is another landmark in a historic boom in IPOs as a rising stock market and hearty investor appetite entice a slew of successful private companies to shift to public ownership. Some 20 companies are going public each week this year, according to Dealogic. Traditional IPOs had raised more than $98 billion as of Tuesday, on the cusp of surpassing all of 1999 and 2000 as the biggest year ever for U.S.-listed IPOs.
+
+In the nearly seven years since it launched its app, Robinhood has gone from a tiny startup to one of the largest U.S. retail brokerages. The firm, which popularized zero-commission trades, says its mission is to democratize investing. It is a philosophy Robinhood reinforced Saturday by hosting a live-streamed roadshow presentation for individual investors.
+
+As of the end of June, the firm had 22.5 million funded accounts and its users held about $100 billion of assets on the Robinhood platform.
+
+The company went viral earlier this year when millions of amateur investors downloaded its app to participate in the explosive rally in meme stocks like GameStop. The breakout moment nearly broke Robinhood, as the company had to restrict purchases of some high-flying stocks and raise billions of dollars in emergency capital to meet regulatory requirements that kicked in because of the increased trading volumes.
+
+Robinhood bounced back and continued to attract new users, but, more recently, it flagged that its growth is slowing. The company said in a securities filing last week that it expects its third-quarter revenue to fall relative to the second quarter, partially due to decreased trading activity.
+
+Its popularity has brought increased regulatory scrutiny too. In the past nine months, the company has agreed to pay more than $130 million to settle investigations into a range of its business practices. There could be more on the way: Robinhood disclosed this week that it got a new request for information from Wall Street’s self-regulatory body, Finra.
+
+https://www.wsj.com/articles/robinhood-ipo-prices-at-38-a-share-11627515866?mod=hp_lead_pos7
+Citigroup: http://www.google.com/finance?q=NYSE:C
+
+Bank of America: http://www.google.com/finance?q=NYSE:BAC
+
+Morgan Stanley: http://www.google.com/finance?q=NYSE:MS
+
+RBS: http://www.google.com/finance?q=NYSE:RBS
+
+UBS: http://www.google.com/finance?q=ubs
+
+
+
+Looks like a bloodbath out there.
+When you’re considering buying something frivolous, and you are not sure that you should buy it, ask yourself what it will cost in hours worked. 
+
+For example let’s say that you want to buy a new pair of shoes, on a whim. They cost $150. If you make $20 an hour, after tax and other deductions, those shoes will cost you (approximately) 7.5 hours of work ...or about 1 day.
+
+If you love your job and you want to work more and you really want those shoes, then you should go ahead and buy them. But if you already put in enough time at your job and you’re trying to save for the future, then asking this question can provide a different perspective. 
+
+We’re taught to think about things as being “affordable” if we have enough money coming or on a card. 
+
+We’re also told that if we need more money we can borrow it and then just work a little harder to pay it back. 
+
+But your time is important as are the dollars you earn, so next time you’re looking at something that you might not necessarily need just ask the question: “how many hours will I have to work to pay for this?”
+
+If you don’t buy something after considering that question, you can put the money you didn’t spend into savings...and treat yourself when it’s really worth it. :-)
+https://preview.redd.it/c1fwauz8bmf71.png?width=720&format=png&auto=webp&s=5d7947edec174a0d3d9a10bdf6b576f7cfa107ec
+
+* C2: [Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Enhance and Clarify its Price Adjust Process and Modify the Bulk Message Fat Finger Check](https://www.sec.gov/rules/sro/c2/2021/34-92574.pdf) (Release No. 34-92574; File No. SR-C2-2021-011); see also [Exhibit 5](https://www.sec.gov/rules/sro/c2/2021/34-92574-ex5.pdf)
+* CBOE: [Notice of Filing of Amendment No. 1 and Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, to Increase Position Limits for Options on Certain Exchange-Traded Funds and an Exchange-Traded Note](https://www.sec.gov/rules/sro/cboe/2021/34-92581.pdf) (Release No. 34-92581; File No. SR-CBOE-2021-029)
+* CboeBZX: [Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Modify the Bulk Message Fat Finger Check](https://www.sec.gov/rules/sro/cboebzx/2021/34-92575.pdf) (Release No. 34-92575; File No. SR-CboeBZX-2021-054); [Exhibit 5](https://www.sec.gov/rules/sro/cboebzx/2021/34-92575-ex5.pdf)
+* CboeEDGX: [Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Enhance and Clarify its Price Adjust Process and Modify the Bulk Message Fat Finger Check](https://www.sec.gov/rules/sro/cboeedgx/2021/34-92576.pdf) (Release No. 34-92576; File No. SR-CboeEDGX-2021-035); [Exhibit 5](https://www.sec.gov/rules/sro/cboeedgx/2021/34-92576-ex5.pdf)
+* DTC: [Notice of Filing of a Proposed Rule Change to Provide Settlement Services for Transactions Entered Into Under the Proposed Securities Financing Transaction Clearing Service of the National Securities Clearing Corporation](https://www.sec.gov/rules/sro/dtc/2021/34-92572.pdf) (Release No. 34-92572; File No. SR-DTC-2021-014); see also [Exhibit 5](https://www.sec.gov/rules/sro/dtc/2021/34-92572-ex5.pdf)
+* ISE: [Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend ISE's Options Regulatory Fee](https://www.sec.gov/rules/sro/ise/2021/34-92577.pdf) (Release No. 34-92577; File No. SR-ISE-2021-16); see also [Exhibit 5](https://www.sec.gov/rules/sro/ise/2021/34-92577-ex5.pdf)
+* MEMX: [Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend its Fee Schedule](https://www.sec.gov/rules/sro/memx/2021/34-92579.pdf) (Release No. 34-92579; File No. SR-MEMX-2021-09); [Exhibit 5](https://www.sec.gov/rules/sro/memx/2021/34-92579-ex5.pdf)
+* NSCC: [Notice of Filing of Proposed Rule Change to Establish the Securities Financing Transaction Clearing Service and Make Other Changes](https://www.sec.gov/rules/sro/nscc/2021/34-92570.pdf) (Release No. 34-92570; File No. SR-NSCC-2021-010); see also [Exhibit 5](https://www.sec.gov/rules/sro/nscc/2021/34-92570-ex5.pdf)
+* NSCC: [Notice of Filing of a Proposed Rule Change to Remove ID Net Transactions from the Required Fund Deposit Calculations and Make Other Changes to the Rules](https://www.sec.gov/rules/sro/nscc/2021/34-92566.pdf) (Release No. 34-92566; File No. SR-NSCC-2021-011); see also [Exhibit 5](https://www.sec.gov/rules/sro/nscc/2021/34-92566-ex5.pdf)
+* NSCC Advance Notice: [Notice of Filing of Advance Notice to Establish the Securities Financing Transaction Clearing Service and Make Other Changes](https://www.sec.gov/rules/sro/nscc-an/2021/34-92568.pdf) (Release No. 34-92568; File No. SR-NSCC-2021-803); [Exhibit 5](https://www.sec.gov/rules/sro/nscc-an/2021/34-92568-ex5.pdf)
+* NYSE Arca: [Suspension of and Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Amend the NYSE Arca Equities Fees and Charges](https://www.sec.gov/rules/sro/nysearca/2021/34-92583.pdf) (Release No. 34-92583; File No. SR-NYSEArca-2021-52)
+* OCC: [Notice of Filing of Proposed Rule Change Concerning The Options Clearing Corporation's Governance Arrangements](https://www.sec.gov/rules/sro/occ/2021/34-92584.pdf) (Release No. 34-92584; File No. SR-OCC-2021-007)
+* Phlx: [Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Phlx's Options Regulatory Fee](https://www.sec.gov/rules/sro/phlx/2021/34-92585.pdf) (Release No. 34-92585; File No. SR-Phlx-2021-39); see also [Exhibit 5](https://www.sec.gov/rules/sro/phlx/2021/34-92585-ex5.pdf)
+I will tell you guys the whole story.
+My friend from college whom I lost contact with suddenly contacted me after a month he asked me if he can suggest my name to join their business I said why not sure.
+
+
+Then later he called me for an interview not a formal one they met in a cafe and interviewed me. After knowing everything about me they explained about the business that the main head here has the global distribution rights (GDR) and they manipulate the market using different techniques(which they didn’t told me). And offering to buy a stake worth of 4-5lacs and they are telling me they had returns over 100% in just 6 months. I asked them more questions like how this works and everything. They are asking me to show me bank balance first and they will arrange a meeting and explain everything.
+
+ 
+It seems to be fishy because my friend I lost contact over 5 years suddenly came into contact . And he is not telling everything.
+
+Please tell me is this scam? If you need more data please comment.
+
+Edit 1: They also said that after buying that stake. I can earn based on my intelligence on the market. And they are telling me that they get money from the companies they work with.
+
+I asked about their digital foot print. I found nothing.
+
+Edit 2: Thank you everyone for advices. I decided not to invest in his business. I feel like I dodged a bullet.
+
+ It definitely seemed like a MLM/ pyramid scheme. I tried to get as much as information I can get from my friend but he didn't said anything. I also asked him to show me paychecks for proof he didn't showed me and said that they are personal and he cannot show them. I contacted my other friends from college he contact them also. I think I'm the first one in my circle he got very close and asked me attend meetings with them and discussed about money.
+I took a home loan of Rs1600000 (2L down payment) for 15 years at 8% fixed interest. The payments started in Jan 2005 and ended in Dec 2019. As it is a fixed interest loan with effective rate of 5.6%, I never bothered to prepay. The house appreciation was not satisfactory for me. I think it grew at 7-7.5%.  In 2019 Dec, I estimate its value to be around 50L in my hand (Assuming all other costs like registration to be handled by buyer). 
+
+I am and still is in the group of investors who say real estate investment is not worth the hype. But surprisingly when I did this calculation recently, I did very well with this. Now coming to the numbers.
+
+Our house would  have rented for around 7500 in 2005 and 18000 in 2019. A high rental yield than normal. I used these numbers for calculation which are close to actual. Initial cost of acquisition of home is 18L. Appreciation of home by 7%. Rent in 2005 7500 and appreciation by 7%. Home related costs and taxes around 1% of home cost. I did not add monthly maintenance as the rents do not include it. I assumed the investment returns to be 10% (A little less than what I got in last 8 years for a equity + debt mfs).
+
+Now coming to the results - **My home value is 52L**. If I stayed for rent and invested, **I would have  26L** in my hand. I was not at all expecting this as I always told every body that my house turned out to be a dud investment.
+
+Do I move to real estate group now. Definitely not. I think because my entire interest component was eligible for tax benefit (in any year the interest was < 1.5L, then limit) due to smaller home loan, my effective rate turned out to be 5.6%. As I took fixed rate, it never went to the 11-12 range which was the case for most of those 15 years. Which is responsible for this gain. Both may not be possible now.  
+
+I still say people are better investing in other avenues to avoid have RE at more than half of net worth. I also played with my numbers and finally as a pure investment decision this is what I can see which is obvious actually.
+
+Taken a decision to buy home, should you take a loan if you have the money.
+
+Add your expected home appreciation rate and rental yield and subtract 1 from this for maintenance of home. if This is number is more than the effective interest rate you are getting (adjusting for tax benefits), take a loan. If not pay from the pocket.
+
+To buy or rent. (same rule works for second home as investment)
+
+if Expected home appreciation rate + rental yield - 1 is greater than your anticipated investment return, buy else rent. Be mindful of the tax adjustments. Here it is assumed that HRA tax benefit offsets interest tax benefit. But for many paying smaller rents, the interest tax benefits will be high and vice versa.
+
+As you can see very obvious rules. 
+
+Looking at how well it worked out for me, am I going to buy a second home. No. Because right now the second rule suggest I am better off with investment in market.
+
+Also it changes if some body is a home flipper. Like buy a home on loan and sell in 2,3 years. In normal circumstances it always gives great results as it is a leveraged investment. But risk is also proportionate if the home appreciation is not as expected or there is a correction.
+Breakeven inflation rates are falling off a literal cliff back down to our usual and persistent low inflationary environment. If we assume that this and next year will average ~6% annualized inflation, then by 2025, we could theoretically face lower inflation than 2018. This is a sudden return to normalcy. Some might say optimistic, and I might agree, but these are big money moves not to be taken lightly.
+
+As a quick background, bonds are priced by actual trades placed by entities managing hundreds of billions or more. This is not the doing of retail or hedge funds. It's entire sovereigns, governments, pension plans, etc. They're not out to 'get' you by tricking retail investors.
+Here's a link to the story, which makes a pretty solid case for the fraud behind bitcoins current boom and impending burst: https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330
+Hi everyone, I recently got into investing, but have been focusing mostly on the tech side. Been hearing a lot about Suncor, so I wanted to learn more info. What's the best way to learn more about the energy sector and Suncor in itself. Would love to hear your inputs as well about this stock. All the best.
+Hear me for a sec before I get downvoted to oblivion. 
+
+This is my opinion on this whole situation about SEC taking 90 years to do something is that Gary and RC is up to something and like RC said let our action speak than words. And there’s legal reasons that they are not allowed to say nothing. Before they take action. Everyone on here saying and talking shit that SEC taking forever such and such. But for a case like this is serious and all the manipulation that’s going on and darkpools and naked shorting that’s happening. I believe in Gary. And RC. And mr Sikh himself. But for a case like this this has to be taken seriously and in a timely manner and Gary has to make sure everything is right and proof of evidence. Cases like these has to be taken slowly and can’t rush. This is a VERY BIG case. I believe we are very fucking close like close and trust me I believe that the SEC sees that manipulation and that low ass volume yesterday. They got this guys. There’s a lot of you that very impatient and bashing the SEC and when they slay they skulls with the rulings it’s GG. Rulings are there there’s steps to this. Can you walk before you craw??? They have the watches we have the time. 
+
+IT DONT COST US NOTHING!!!!
+
+I know everyone wants the tendons and can’t wait to live life but the patient gets rewarded. To the one that wants to quit jobs and such. DO NOT QUIT YOUR JOBS. we still have work and this is not over till I see millies in my bank. Try your best to stay with your jobs. Don’t quit yet. Please
+
+And everyone chill relax and buy and hodl. Not a financial advisor!
+
+Guys go outside and enjoy life enjoy the weekend. Get off Reddit. Go do something with your family. Enjoy the sun.
+I’ve been lurking for years and it’s mostly been:
+
+- FAANG executive who got stock options (software engineering background)
+
+- someone who sold their software startup (same background)
+
+- early crypto investors (usually just some random guy who was on the dark web during the early 2010’s for some reason)
+
+I haven’t seen much from the folks on Wall Street who went the inbanking and private equity path or those who become partners at huge consulting firms. I’m at a target school and these routes are what everyone talks about… finance consulting finance consulting yadda yadda.
+
+Is there anyone here who has made it in such a path and can speak to how life is going? Do you feel fulfilled with your career? If you had to redo everything, what would you do differently?
+So I’ve noticed a strong trend developing of people asking quite legitimate questions of BTCs future and that of wider crypto, only to be met back with half baked platitudes, that those of us in the community have heard many times before. Despite this, there are some serious questions that the BTC community need to consider. I’ve detailed below a series of real life (not technical) issues that face BTC. If anyone can respond to them with genuine logical responses then please do so. If you feel compelled to reply with something like, ‘this is fud’ or ‘your comment is a buy signal’ or ‘we have seen this all before’ then just pop your self back in the poorly informed box from which you came. 
+
+1. This time ‘is’ different. BTC has never witnessed a macro economic environment like this before. This is a fact. BTC performed as a ‘risk on asset’ only and is strongly correlated with the likes of the NSDQ. In an environment that may see major indexes like the S&P, Dow, NSDQ fail to return ATH across a 10/15yr period, what would this mean for BTC? 
+
+2. The ‘institutions’ are not coming. BTC took 10yrs to attract a comparatively slight level of institutional interest. Following significant issues around ESG compliance, repeated frauds and scams ala Tera and FTX etc as well as a lack of regulation, it is likely that institutions will struggle to regain any foothold within the space ever again. 
+
+3. ‘We have seen this all before, Mt Gox etc’ No we haven’t. Never before has so much been lost by so many, in an environment that was already being lined up as a target by regulators. The core argument here being that the actions of a few ‘crypto’ bros have likely damaged the space so irrevocably that the coming regulation is likely to be punitive in the extreme. For retail it is highly likely that regulators will seek to control all on and off ramps making it near impossible to own or realise any gains. For institutions it is likely that the regulation will be designed to limit / prevent adoption. There will be no ETF, ever. 
+
+4. Energy usage is an issue regardless of the facts of environmental impact. The energy price is not stabilising and is highly unlikely to do so under the current geopolitical conditions. This is now leading to a declining hash rate. This combined with little price action will lead to stagnation. 
+
+5. What’s the narrative? As much as the maxis believe in the BTC gospel of freedoms and pharmaceutical grade money (I count my self within this) the only thing that has brought new people to the space is price speculation. With the above being true and the potential for little positive price action across a significant timeframe, what is the narrative that would bring new people to this space?
+There are many posts, tweets, and comments stating that Citadel is under investigation by the DOJ. While this could be true, I have found no primary or secondary (e.g. the media) sources actually saying this. All that has been reported is that an employee of Citadel recieved a subpoena and that the DOJ is seeking information from Citadel executives.  
+
+So what does this mean? In all fairness, it is too vague to draw any conclusion other than that the DOJ believes that Citadel may have relevant information to aid in its Morgan Stanley block trade investigation. 
+
+I subpoena companies all the time to aid in the prosecution of my cases. Unless the company is actually a party in the case, I'm just seeking documents that will help my case.  For example, I regularly send subpoenas to cell phone carriers during the course of investigating my cases.  It's not because I suspect that the cell phone carrier did something wrong, but instead to see who the person whose records I'm seeking was talking to around the time of the incident that gave rise to my lawsuit. 
+
+Could the evidence obtained by the DOJ via the subpoena lead to an investigation of Citadel?  Of course, but that is not yet what is being reported or disclosed by the DOJ.  Until that happens, we should stick to the facts.
+
+I love how this sub typically rejects speculation being called "news" and we should make no exception here. 
+
+Happy Friday and DRS!
+My main job requires a certain level of mental acuity and restrictions to my workday that can make overtime difficult, so I'm looking for ideas about what I could potentially do that's different on the side.
+For us in the Northern Hemisphere, summer is coming (or here) and shit's 🔥, yo. Seriously, like things are or will soon be on fire in my neck of the woods 🤷‍♀️
+
+Anyway living without any or proper AC sucks. I happened upon something really helpful yesterday and thought I'd share.
+
+* Box fan: $20 at Home Depot/Walmart/etc.
+* [Large, longlasting ice pack](https://www.amazon.com/dp/B001QFZL1Q/ref=cm_sw_r_cp_apa_i_jfOaDb3Z3EFEQ): $15 (use an HSA [in US] if you have one)
+* Optional: Cold washcloth around your neck
+
+I put the ice pack (in its cloth cover down my back. With the box fan on and the washcloth things were downright bearable. It was roughly 85 degrees F in my house.
+
+Stay cool out there, friends.
+Hello cryptonians, good times for us!
+
+I **really** enjoyed [this](https://www.reddit.com/r/CryptoCurrency/comments/nawgc2/vechain_explained_from_the_perspective_of_someone/) VeChain post last week so I thought I will copy its style and format and fit in the IOTA information I have because I’d like to abide by the rules and that post obviously worked out great in that and other regards, though, *this might be a bit longer*.
+
+Vechain seems to be more than promising and we definitely need more of those quality posts here so shoutout to/u/BrownViking99 really well done mate!
+
+As a data analyst, I have a very special relationship with crypto.
+
+On paper, it sounds like the missing piece of the puzzle that can protect my data, through decentralization and data integrity, but practically, many supposed solutions are too complicated or too expensive for recurring data packages. In my company, we rely on centralized services or our proprietary solutions because they can handle the work cost-efficiently and they have better usability. I believe with IOTA, that changes now.
+
+Why not one of the other solutions?
+
+Examples:
+
+* *Ethereum:*  
+Well, if you have a data table with 3000 individual entries to validate (like vaccine records that come in one after another), you would pay $17 each with ETH, for a total of $51,000 in fees. And that would be just one data set from one customer.
+* *Cardano:*  
+Cardano is a bit trickier. The fee structure is transaction (tx) is a \* size(tx) + b, where:-a/b are protocol parameters and -size(tx) is the transaction size in bytesEffectively a few cents right now. Bigger transactions mean more fees.
+* *Vechain:*  
+VeChain is between 30c and a few $.
+
+​
+
+In the machine economy, we are talking about tens of thousands of companies globally and millions of sets per hour.  **In the data economy with real adoption, every project with fees runs into a ceiling sooner or later, only feeless is feasible.**
+
+So in most cases, a centralized service is cheaper right now. IOTA, however, does it all for free. And I can't be the only developer who sees this.
+
+You can look at it from all sides, IOTA is currently without competition. Here is why:
+
+\---------------------------
+
+# IOTA
+
+Anyone interested in IOTA's applications has had to spend the last few years on the roller coaster of emotions.
+
+Rooting for IOTA is many things, but not easy, until now.
+
+Though it gained some momentum back when most of the drama went down, some controversial figures left the stage and they announced an official solution for one of the biggest if not the biggest problem in crypto, for all projects. The [scalability trilemma](https://medium.com/logos-network/everything-you-know-about-the-scalability-trilemma-is-probably-wrong-bc4f4b7a7ef).
+
+​
+
+[The Trilemma: a Blockchain can only have two edges of this triangle. ](https://preview.redd.it/sheydmtzwwz61.png?width=450&format=png&auto=webp&s=a17e15064009df8b5a9b86633c7c0512787c2dc3)
+
+​
+
+This is obviously a big deal for this space and some companies already declared IOTA their ledger to build on, but later more.
+
+# What is IOTA?
+
+IOTA is a crypto project for the Internet of Things, for the machine economy, and for an actually unspecifiable number of applications wherever data or values are to be sent securely. This means it can also perform many of the functions of other cryptocurrencies through its capabilities. Whenever values are sent, this can also happen through IOTA. Additionally, data can be sent without even owning the token. Neither requires fees or mining.
+
+So, IOTA is a cryptocurrency, but also much more than that.
+
+When I started looking into it, and I think that’s what you should with all big projects, I noticed that most of the projects have a very specific use case, but IOTA was *a little bit more than that*.
+
+Sure, ultimately the majority are meeting here for investment reasons, but a lot of people, myself included, are interested in the technological narrative for data markets, the social as well as economic impact, because it simplifies our work flow and it will transform major parts of our lives.
+
+*A little bit more than that* \-  it's only logical that a mammoth project like IOTA sometimes comes across as a bit pretentious, considering its history.
+
+​
+
+# How does IOTA work?
+
+I think over the years it has become clear that IOTA is choosing a completely new path because the devs and initiators involved have noticed along the way that blocks and chains provide enough bandwidth for most speculation-based applications, but if you think about infrastructural improvements, i.e. a so-called backbone for e.g. the Internet of things,  data markets, or a scalable e-commerce environment you don't achieve nearly enough transactions per second.
+
+Bitcoin currently achieves 7 transactions per second, Ethereum about 15, some other projects with proof of authority like Hyperledger also a few thousand, but these are permissioned environments, which are contrary to a free data and machine economy. Permissioned means, your node has to been validated, a form of centralization as not everyone can participate. The machine-to-machine economy is interpreted by the IOTA Foundation as a free network for everyone.
+
+The tangle, i.e. the IOTA network, was therefore created with the aim of confirming transactions in parallel rather than sequentially because it’s faster.
+
+In the first iterations the idea was 2 for 1 so whoever makes a transaction must first confirm two other unconfirmed transactions with a little local proof of work (one-millionth of a BTC transaction).
+
+The first iterations were rather unsuccessful attempts because of a few things but mainly because the whole system was hung up on exotic design decisions.
+
+The trinary hash signatures (a good but complicated idea for the future) or the Winternitz one-time signature scheme (which was used against the future threat of quantum computers) prevented fast processing of the transactions and also the integration and management of addresses for exchanges and users. TBH, it made IOTA way too complicated to create usable solutions in and outside of corporate environments.
+
+Well, the Foundation has made many concessions in this regard, not always without external pressure. We remember some public executions of IOTA, unpleasant times, but part of history and also part of the change processes that people like me were waiting for.
+
+Now we are here. IOTA has integrated Chrysalis, the latest update and old design decisions have been replaced with industry standards like Ed25519.
+
+I could go on here, but essentially IOTA has become more lightweight, binary, faster, and has been equipped with reusable addresses. Now it’s reliable and usable, simple as that.
+
+​
+
+[Chrysalis changes](https://preview.redd.it/u3ea4k8bxwz61.png?width=768&format=png&auto=webp&s=3b94a229a127309139efa3f5b4401f750d7efd3c)
+
+For now, the 2 for 1 rule remains, but with IOTA 2.0, expected towards the end of the year, IOTA will also move away from that and become multidimensional, so that many transactions are confirmed at once, without proof of work.
+
+Also possible, according to their roadmap, are smart contracts, DeFi, NFT's and colored coins. It almost seems as if the base-layer function is not only possible for the IoT, but for a large part of all use cases, including crypto.
+
+Clearly, non-scaling projects like ETH (today) have cost investors and developers a lot of money in transaction fees and due to its technological advances billions of dollars return on investments, so don’t get me wrong, but IOTA would bring about a general improvement that everyone feels - imagine the NFT or DeFi market without fees.  
+
+
+And just yesterday, Elon Musk declared crypto important but minable projects like Bitcoin not green enough. IOTA certainly wins Internet points here, as it’s one of the greenest that works without mining. This is more important for companies in my realm than people might imagine as sustainable applications and technologies have a better societal and political acceptance, naturally.
+
+# Genesis
+
+IOTA was created non-inflationary no new tokens will be created, and in the crowd sale in 2015 all tokens were sold fairly, even founders and developers had to buy in.
+
+The tokens used by the IOTA Foundation for development were collected as donations and there is no further premine.
+
+The goal of this technology is to scale high enough so that machines can send data and smallest amounts of money to each other, even millions of transactions per second are possible from IOTA 2.0 and then subsequently integrated sharding.  
+Let me be clear: For now, and only for value transactions, **IOTA’s consensus is accompanied by a validator node, the coordinator that provides the network with a general direction. A centralized protection onboarding mechanism that is finally gone with IOTA 2.0.**
+
+What really important for developers is: There is already an IOTA 2.0 testnet called Pollen, and the next one, Nectar (feature complete and incentivized step by step) is here very soon. So if you’d like to develop future-proof tech, it might be a good idea to look into that as well.
+
+# IOTA partnerships
+
+\-Dell Technologies
+
+\-Intel
+
+\-Jaguar Land Rover
+
+\-Edag
+
+\-EVRYTHNG
+
+\-EU government (CityxChange)
+
+\-Object Management Group (Standardization institution)
+
+\-Senseering
+
+\-Zebra
+
+\-TM Forum
+
+\-INATBA
+
+\-ClimateCHECK
+
+\-TRADE MARK EAST AFRICA
+
+\-ENSURESEC
+
+\-ST Microelectronics (Europe's biggest semiconductor manufacturer)
+
+In fact, the number is much higher, but it makes most sense if you look in the [IOTA archive](https://iotaarchive.com/), there are all collaborations, projects, and also patents (an impressive number) with IOTA with primary sources.
+
+It's probably more in the hundreds.
+
+Let's take a look at the partnerships and collaborations because as a data analyst, there are a few treasures hidden here.
+
+Dell and Intel are working with IOTA on [Project Alvarium](https://www.youtube.com/watch?v=ltv7E0fJBWI) (Conference with all parties), a data environment, or fabric, to make data trustworthy.
+
+That's a big deal to me, because the data that's in edge environments, at the point of origin (like in sensors), hasn't been trustworthy until now. The fact that the biggest companies in the world are now working on this, with IOTA, shows me that it has a future.
+
+Senseering is a company founded by the elite university RWTH Aachen in Germany. They are trying to apply IOTA's tech to modern production in engineering to secure real-life data.
+
+They are on it since 2018 and many videos to prove its results have [been uploaded](https://www.youtube.com/watch?v=y-X3mCyta0c). They create tech for Germanies biggest companies such as Bosch, VW etc.
+
+The Object Management Group is a standardization company in Massachusetts that discusses and defines various standards and provides the industry with uniform ISO standards. There are now 250, including CORBA, CWM, DDS or MOF, SysML, and UML.
+
+IOTA is in the process of being standardized and made available to the broad mass of companies and developers, a data standard.
+
+​
+
+[Standardization roadmap](https://preview.redd.it/79vz46fexwz61.png?width=1000&format=png&auto=webp&s=96fa6127d3f760625ff6670ca08c214e50bfc75f)
+
+This is one of the most impressive developments around IOTA and for me a huge relief as I don’t have to rely on an armada of proprietary standards of several companies in the future.  
+
+
+Also interesting, Dr. Richard Soley, CEO of the OMG is on the Supervisory Board of the IOTA Foundation. All in all, [the team](https://www.iota.org/foundation/team) is quite impressive.
+
+# IOTA use cases
+
+In general, IOTA is located in the Internet of Everything.
+
+Everything that is digital can be supported by IOTA whether it’s value or data-based.
+
+*Web of trust*
+
+Whenever data is traded or sent in a trustworthy manner, IOTA can assure data integrity with various frameworks.
+
+This comes into play in the following applications:
+
+\-Self-sovereign identity in the mobility sector or for human ID verification (like a vaccine-passport).
+
+\-Data markets for science, the industry, or mobility use-cases. A self-driving Tesla had to rely on trusted data, a smart infrastructure could offer that.
+
+\-Digital twins are copies of industrial environments that can create data digitally to test and improve parameters. The data generated is valuable.
+
+*Microtransactions*
+
+Microtransactions are a novelty that can bring about many different innovations, such as fairest per-second payments for media like video or music streaming.Even data packages from environmental sensors can be paid fairly so that sensors can finance themselves over months and relieve the academic sector financially.
+
+*Supply and audit chains*
+
+Quite comparable to what VeChain offers, IOTA can offer a safe route for information on global value chains for food, materials, or pharmaceuticals. I think that is quite self-explanatory.
+
+*E-commerce*
+
+Everything that Paypal, Mastercard, or Visa offer today, can be offered by IOTA tomorrow, though, this time without fees for vendors and customers and you own your consumer habits and data generated by it.
+
+*In Crypto*
+
+Not ready today but the basis is set: IOTA will be able to host all kinds of smart contracts, NFT’s DeFi, colored coins, and it can also wrap projects and send them for free. Imagine BTC being sent over the tangle. That would be a true cooperative crypto landscape everyone would benefit from.Additionally, I could imagine that IOTA will become some kind of a fast transaction protocol between exchanges (for traders and everyone else) as the finality is extremely fast and the ledger doesn’t require fees.
+
+*Sustainability*
+
+There is just one planet, resources are scarce and the atmosphere has enough carbon already. IOTA is a green enabler technology that can induce a transition to a more sustainable society where power from your roof can be traded securely with your neighbors. While it’s offering that, it doesn’t have to rely on miners. No oil or coal needs to be burned for IOTA’s consensus. Considering how the political landscape is changing, and society is sensitized towards a more efficient lifestyle, IOTA is in a good position to be not regulated to death, unlike projects that rely on heavy mining.
+
+Jeremy Rifkin talked about his idea of a zero-margin economy that can bring the necessary transition. Every IOTA enthusiast knows this video and so should you (even if you’re not into IOTA). [Link](https://video.vice.com/en_asia/video/vice-the-third-industrial-revolution-a-new-story-for-the-human-family/5a79c759f1cdb34df33d5811?latest=1)
+
+# My thoughts on IOTA
+
+New technologies not only improve our daily lives, our jobs, and the applications we rely on but also lighten the infrastructural load and optimize the world.
+
+Optimization is one of my main concerns, developers are lazy and want simple solutions that will have a direct impact.
+
+IOTA is that technology for me and Nectar / IOTA 2.0 will hopefully prove it.
+
+I believe IOTA is necessary and far away from only providing this space with speculative qualities.
+
+# Disclaimers
+
+I currently hold IOTA, BTC, ETH, and Vechain - because of the last post ;)  
+My company is familiar with IOTA and I make sure they keep it that way.
+
+This is an analysis from a developers point of view and **by no means financial advice, DYOR**
+
+This article got a little longer, thank you for your attention.
+
+​
+
+# Sources
+
+[https://www.iota.org/](https://www.iota.org/)
+
+[https://iotaarchive.com/](https://iotaarchive.com/)
+
+[IOTA 2.0 Website](https://coordicide.iota.org/)
+ 
+
+I'm 25 with $10,000 in my tfsa. 25+ year timeline and trying to decide on an etf.
+
+Right now I'm thinking of going with $5000 XEQT and $5000 Tec to increase technology exposure. If you were in my position what would you do? Also, I will be adding around $500/ month to each.
+We all want to buy low, sell high, have the fear of missing out, and want to enjoy a linear path to the top.  I also thought the Byzantium release would rocket ETH beyond $400 and I’m still scratching my head over that one.  
+
+The good news for me is I have perspective this time around. I screwed this up big time during the dot com boom.  I recall owning AMZN at $30.  It seemed high at the time and it wasn’t moving.  I had too much invested in it, because I believed in them, but I wasn’t doing ‘well enough’.  AMZN wasn’t making money yet and was a questionable investment with many other flashier, more profitable options.  So, I sold and got burned...badly.   
+
+I’m not  preaching by any means, or predicting the future here, but my thinking is although this is painful and has been for awhile now, I will follow my gut and try not to get distracted causing me to make a bad decision.  Have patience, shut down Blockfolio and enjoy the day.  It’s almost always when things look their worst, they tend to turn around...
+...He lost his SO due to FI. That thread was gilded and looked interesting, but I guess the mods or OP deleted it. Anyone have the link to that thread? I'm interested in reading the comments if they're still there.
+
+E: Here it is, credit to someone down below
+
+http://webcache.googleusercontent.com/search?client=safari&rls=en&q=cache:https://www.reddit.com/r/financialindependence/comments/7qough/i_lost_the_love_of_my_life_because_of_fi_dont_be/
+Article  link: https://www.moneycontrol.com/news/business/monetary-policy-rbi-deputy-governorviral-acharyas-parting-shot-4129441.html
+
+RBI Deputy Governor Viral Acharya has quit six months before his term ends.
+Anyone else think so? The memes. Sex jokes. Rtard humour. Saw someone say RC feels like he could actually be a member of this sub. Just feels like one of the boys. Same kind of vibe elon tries to give off but it feels so forced. With RC it just feels so much more genuine. The REAL cool billionaire.
+
+ If this sounds like dick riding, good. COZ I AM!
+Greetings. Have anyone tried the Morningstar premium, and what’s your opinion on it? 
+
+If you used it or currently use it, how do you like their portfolio tracking functions? Things like 
+* ease of loading and updating positions 
+* custom view on attributes like sector, market, assets breakdowns
+
+I saw some fundamentals attributes in the free service, does it provide more robust data on premium?
+
+Also what do you all use for portfolio tracking? (I also got personal capital, it’s great for my main portfolio…but hard to set up secondary and mock accounts)
+
+Thanks all!
+This fucking bot has done nothing but shit up threads, and is constantly getting stuck in a loop with another bot, the fiaustralia thread on here has reached 1.2k comments because of it and has just added a ridiculous amount of clutter to the conversation.
+
+[View Poll](https://www.reddit.com/poll/imjjtc)
+https://www.nytimes.com/2022/12/20/your-money/spending-bill-401k-retirement-savings.html?smid=nytcore-ios-share&referringSource=articleShare 
+
+Changes include:
+-employer requirement to auto enroll employees in 401k
+
+-employer permitted to auto enroll employees in emergency savings
+
+-certain limited emergency withdrawals permitted from 401k without penalty 
+
+-student debt can be deemed retirement contributions for purposes of claiming employer 401k match
+
+-federal matching contribution to IRA for certain low income individuals 
+
+-certain part time employee participation in 401k
+
+-increased catch up contributions 
+
+-RMDs delayed until age 73
+This is not an accusation but don’t you find it a little curious that on such an important day for our favorite stonk, there’s been such an upsurge of negativity about the livestream and the Superstonk apes who put it together? 
+
+As someone who has gone through the tough learning curve of live-streaming, it’s never as elegant and compartmentalized as a written piece.  
+
+Cut these guys some slack and let’s celebrate the bigger picture of what just happened today.
+
+If that’s your primary focus, your negative outlook on the livestream, then it comes across as derisive and seems suspicious considering all the positivity of today and our community at large. 
+
+We aren’t just HODLING stocks apes, we have to HODL together too. 
+
+[end of rant]
+Terra / LUNA, once in the top 10 of the crypto capitalization list, crashed more than 99% from its all-time high and its holders saw their portfolio being destroyed in a few days. This event caused a general cryptocurrency bloodbath as a reaction.
+
+**A police report has been filed yesterday by a Singapore citizen. He claims that he knew of more than 1000 Singaporeans that invested in LUNA and UST. UST was sold as the stablecoin that will remain pegged to $1 but it dropped to $0.1 because the ponzi scam collapsed. LUNA became worthless overnight. A total of $32 Billion dollars is lost.**
+
+​
+
+https://preview.redd.it/gw1wis9yovz81.png?width=490&format=png&auto=webp&s=062d7d2e45318b44da00dabb4609cd2204f59335
+
+​
+
+https://preview.redd.it/9c1csg20pvz81.png?width=494&format=png&auto=webp&s=feb1bcab38e711f2d52bdd65bd30fd0d3694cd2a
+
+​
+
+https://preview.redd.it/pcr2kio1pvz81.png?width=493&format=png&auto=webp&s=53750a393ca29239a45dbc797d64ed9e0ac44518
+Bit more heft to this story. I have a congenital breast deformity called "Tuberous Breast Deformity" otherwise known as Snoopy boobs. They're set really wide apart, with large areolas and they point way south with barely any tissue underneath. The doctor I found specializes in re-shaping the breast and then augmenting it. Because my breasts aren't "normal" it's extra expensive to get them done (a. reshaping and contouring and b. filling them in). 
+
+What I have going for me: 
+
+* Excellent retirement accounts from the company I work for, including a pension I am vested in. 
+
+* I have investments with Betterment that are doing pretty well. 
+
+* I make about $104K annual salary (sometimes higher with more per diem but this has been consistent for last 3 years) 
+
+* I have 90K in my checking account 
+
+* I have zero credit card debt. 
+
+* My student loans are very modest 
+
+* I am a homeowner in a nice part of NYC 
+
+* Credit score is 805
+
+-- 
+
+Cons - $25K for a set of boobs feels like a lot of money. 
+
+I have wanted breast augmentation since I was 15 years old. My shape and size make it so difficult for me to wear a nice bikini or even take my bra off during sex. I work out, I eat well and I have a nice figure otherwise (flat tummy, curvy hips and a nice butt) but my breast size and shape always made me feel like some sort of monster (more the shape, I could live with small boobs but these are tubes, not boobs). 
+
+I'm giving you details and backstory to understand where I am coming from and that I have really wanted this a very long time. I could pay for these straight out, but I think I might do a 0% interest credit card for 21 months and pay in installments. I do keep going back and forth about the cost, BUT, I feel like I am pretty established and responsible otherwise. I guess I just want to feel justified in spending this much on my breasts. I've done my research, had my consultation and I really am seeing the best Cosmetic Surgeon in New York City. Any suggestions or pointers or advice would be much appreciated. 
+
+Boob Snoo in NY
+
+**EDIT: I just want to say THANK YOU to everyone here for such supportive comments. I was bracing myself for the opposite (how foolish this would be! Wasting money, yadda, yadda, yadda) but instead I feel so validated in making this very personal, very private decision for myself. I couldnt exactly post this kind of thing on Facebook. I know you're all strangers, but big hugs to you anyway. I really feel supported and that's exactly what I needed. I am scheduling my appointment today.**
+
+This new sub could be used to pitch ideas on making the world a better place. For instance, if 100k people donated $100k, we'd have 10 billion dollars all In donations. We could use that money to literally change the world. 
+
+I'm sure you've all heard how the top 400 richest people could solve most of the world's problems with their money and still be filthy stinkin rich.. so why don't we do what they never did? 
+
+Just spitballin' here. I'm not very smart.
+
+Can't think of a good name for the sub but im open to any ideas.
+
+Edit: how about "The Banana Fund"?  Suggested by u/degenerateduckling.
+Hi everybody, I just wanted to give a shout out to the Consumer Financial Protection Bureau complaint process. I opened a bank account with PNC bank and they never mailed me my online access code. 
+
+The customer service reps were treating me like I was  using fraud and they wouldn’t help me, they would only say that an “investigator” would call me. I was really upset because I transferred $2000 to open the account.
+
+I submitted a CFPB complaint on Friday and just received a call from their “executive relationships” team about the CFPB complain today. They explained everything and are overnighting me the signature card I need to sign to get access to my account. If you have any problems with your bank I would highly suggest to file a complaint here: https://www.consumerfinance.gov/complaint/
+
+I really felt like I was being bullied by the bank and that there was going to be no resolution and my $2000 was going to be stuck indefinitely. 
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+Say we also depend on our non registered account to reitre as a softer cushion.
+
+In a registered account, we have the beenfits of switching ETFs to more conservative ETFs with bonds if we want to become more  risk aversed (eg; retirement years).
+
+This benefit does not occur in non-registered accounts because we are taxed on capital gains, so when we switch to conservative ETFs, we will be taxed significantly.
+
+​
+
+**There seems to be a few approaches people are saying:**
+
+1) Still do VEQT until you retire, can be quite risky during retirement age.
+
+2) invest in VT/VTI, just in case if the US and CAD market are not doing so hot.
+
+3) Get a financial advisor haha
+
+​
+
+Curious on what people suggest here? I can't seem to find books in regards to in /r/PersonalFinanceCanada /r/personalFinance /r/financialIndependance
+
+Any ressources would be appericiated!
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+