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+My father-in-law passed away at the beginning of the year and it was a gut punch to us both, especially with a newborn he never got to meet. We've found our footing emotionally and have been moving forward with administering his trust and have to figure out some pretty big decisions in the coming months. 
+
+
+
+
+**Some background information:**
+
+
+
+* Father-in-law (FIL) owned two properties, both SFHs, in Los Angeles. One is a 3br/2ba in North Hollywood, which has been run down with various addicts and squatters over the years. The other is a one-bedroom 500 sq ft "shack" in Calabasas that is 100% an eventual tear down, but is in a nice area on 10,000 sq ft lot. He gave both properties to my wife, but brother-in-law is to be given $250k (which has to be funded immediately, either from sale of property or loan if property is kept).
+
+
+* Brother-in-law (BIL) is a heroin addict who has brought in other squatters and addicts to the house in North Hollywood, and we are unable to get anyone in there to know how much repair is needed until the 120 days is up to contest the will/trust. 
+
+
+* The home in North Hollywood is probably worth $750k based on other home sales and conservative estimates, as well as the shape/condition the house is in. (Zillow says $750-$890k, Realtor.com $780k)
+
+
+* The house in Calabasas we would move in to to avoid it being reassessed and keep the current property taxes, especially under Prop 19 which gives us up to $1 million allowance in assessed value to grandfather the property taxes in. It's an old house that is nice enough to live in for a few years while we save money and start planning what to build in its place. Unfortunately, that still means the North Hollywood house will be reassessed and would bring the property taxes up to almost $9,000/yr from $3,000/yr.
+
+
+
+
+**Potential Scenarios:**
+
+* Keep North Hollywood house and take a loan out for (ballpark) $350k. $250k is used to fund brother's trust account and the remaining $100k would be used toward repairs to get the house ready for rent. Rent in the area goes between $3,000 and $3,500 for a 3bd/2br (lot is about 7,500 sq ft and house 1,500 sw ft). The rent would more or less pay off the monthly loan payments with maybe some extra on top saved for repairs etc. I know it's obviously not a money making situation but we figure with this scenario we are paying into the house and theoretically adding value to it with the repairs, and if it appreciates over 4-5 years then maybe sell for higher price and use the money to build house on the other property. The other downside to this is the newly assessed property taxes taking it from $3,000/yr to $9,000/yr. 
+
+
+* The other option is to sell the North Hollywood house now and pay off BIL's trust immediately, no loan needed. If sold for $750k, BIL gets $250k, after fees etc. assuming we would pocket $400k. Two options with that are to buy property elsewhere that can be a rental and/or vacation home... or use that money to fund new house build on the Calabasas property. It could be 3-4 years before we begin to build there so it feels wrong to sell and have the money sit there and not appreciating. 
+
+
+
+I hope that made enough sense and wasn't too all over the place. The main question is what would be the best course of action with the North Hollywood house given that we need $250k to pay out her brother and the house also needs some fixing up?
+
+
+My initial gut reaction is "it's property in Los Angeles" and that alone is valuable in itself. Selling it, while easier in the context of our situation, seems like getting rid of an asset that is mostly a "sure thing" and will likely appreciate more over time. But the reality of taking a loan out to fund the BIL, make repairs, rent it out, pay higher property taxes, only to more or less break even seems a bit like an exhausting uphill battle. Do the longterm benefits of potential appreciation cancel out going into the red for a while as we pay off the loan and use it as a rental?
+
+In the end, we want to build a house on the other property but are in no rush. Like I said before, selling the N.H. house and sitting on the $400k for 4-5 years seems like a waste. We likely wouldn't invest in stock market so the only other possibility (that I can see) would be putting it into another piece of property. We are pretty much middle class with about $130-140k of year in income between the two of us. 
+
+
+
+
+
+Any thoughts or advice would be great. Obviously, everyone would do things differently but maybe there are scenarios or things I'm not seeing. It's been a lot to process and we've been learning everything we can in the last 3 months, but I know there's a lot more to go.
+I saw a property on Zillow being sold as a FSBO but a company owns it. I checked the county property card to confirm what company owns it. It was in a fire in January 2019 and they bought it in May 2019 for twenty dollars. According to her it will need a complete rehab, a gut job. Assessed value: $30K. Land value: $14K. ARV: $180K. They listed it on Zillow for $50K, it's been on the site since January 2020. 
+
+The seller asked me to give my "best and highest" offer for it. They bought it for $20 so I know that anything they get for it is going to be a profit but I don't want to insult them either. I was leaning towards offering them the average of the assessed value and the land value, or $24K.
+
+What should my offer for it be? Higher than that? Lower than that? Land value? A little above the assessed value? This would be my first purchase of a fire-damaged property. Thanks in advance.
+
+**Edit #1:** Made offer of land value less cost of tearing it down, or $9K.
+Hi all,
+
+For those of you who have been in the game the longest, what advice can you give to new comers when it comes to investing and “adding value” into the house/property. What I mean to say is, when renovating a house. Should you renovate the whole entire thing or only certain things. If its certain things, what are those things. Trying to understand what people think is the biggest ROI. I am thinking kitchen and bathrooms? What do you all think? Im currently in the process of doing renovations in a house. House was foreclosed so have to do it all, but just want to know what are the biggest value add plays for a higher appraisal or higher cash out when time comes.
+
+Im looking at around 45k in renovations with material and labor and dont know if thats too high.  This includes kitchen, 2.5 bath (adding an extra in master suite), laminate around house, painting, tiling etc..
+
+Thanks
+Firstly, merry Christmas & a happy new years to everyone!
+
+Rounding the corner on renovations on my first very own apartment (top floor of a triplex)
+
+Celebrated Christmas with the family yesterday and on hour 8 of tiling for today. No better feeling than when things finally come together. 
+
+Im interested in hearing how ya’ll celebrate these small occasions!
+As the title says. I’d be greatful for some advice. 
+Example would be. 
+Rent Cost: $1400
+Mortgage: $1700
+Im a first time buyer. 
+I still live with my parents. 
+I have quite a bit of savings. 
+I live in toronto. 
+
+Is it worth investing in a property ?
+I'm new to this sub, so please forgive me if this has been hashed to death already. I did a quick scroll and didn't see anything relevant...
+
+I own three duplexes in Portland Oregon, and am in the process of selling an investment property overseas that will leave me with 100k to do something with. Me and my husband are going back and forth on whether to invest again immediately, or put the money into one of our mortgages and wait a bit before buying again.
+
+I am leaning towards paying off a mortgage, just so we have a little safety-net should something happen to the rental market. My husband feels very strongly that we should invest again because otherwise the money is just being "wasted" i.e. not being leveraged. A friend recommended paying off most of a mortgage, but leaving a little so the account is still open, then we could refinance at some point and take a loan out against the house to buy another one. Has anyone done this? Any advice? I feel like there is a blind spot in my thinking about this.
+
+edit: Apparently it takes a bunch of strangers on the internet to convince me that what my husband has said all along is right. Don't tell him though.
+The other day I saw a post on Facebook in which someone talked about waiting for the market to cool a bit.  People were reacting with the laugh emoji, and someone said "it's only going up.  You'll never get a better price than now."
+
+I was really shocked - floored in fact, because I heard this before.  Someone once said to me "You're WAITING?! Prices are only going to go up! This is it, it only goes up,  that's why RE is so great!!!"
+
+I heard that in 2006.
+
+I know that a crash like 2007 isn't likely - but how can people really believe "it only goes up,  all the time?" That's like the often mocked "stonks only go up."
+
+Do you believe this?
+Sorry if this is a dumb question but I've heard several times now that it's always a good time to buy if you can find the right deal (i.e. solid cash flow). But what if you're cash flowing $200 per month and there's an economic and/or housing "crash" and the average rent goes down $200/month?
+
+Edit: Thank you all for your input and discussion!
+I'm a small-time landlord. Own a few houses that I used to live in, break even on them, and work a normal day job. I'm getting 4 or 5 calls/texts a DAY right now from random people looking to buy my house. None of my properties are for sale, nor have they been in the last several years. 
+
+Is this normal? Short of changing my phone number, is there any way I can stop these? Every one gets blocked, but the calls still just won't stop.
+This is a really good article about the feds printing money, how, when, and why they do it, and what the risks are etc.
+
+It was worth reading two or three times for me as it's relatively complicated stuff.  The article talks a lot about why these tactics might be good and why they might not. The opposing views are helpful.
+
+As an RE investor, having a passing knowledge of this stuff is probably important.
+ https://www.usatoday.com/in-depth/money/2020/05/12/coronavirushow-u-s-printing-dollars-save-economy-during-crisis-fed/3038117001/
+My father has 50 wooded acres in Eastern Kentucky.  Surrounded by a national forest and near a lake and red river gorge.  It is on a major highway and has several building sites and lots of frontage. It’s an hour drive to Lexington.  There is an inhibitable   house and a two nice garages/ pole barns. He is not wanting to use a realtor and sell to one of his friends.  He is asking $175k 
+
+I think the area has lots of upside due to the cheap land cost and lots of outside investment coming in 
+
+Thanks in advance and I am happy to give anymore details
+Hello All,
+
+Currently, I have available to purchase about 40 acres of land in a high population area. The only thing is that it is an interstate right of way. I could purchase this land for around 4,000 dollars. Is there any way to make money off of this? Like selling it to neighboring parcels to increase the value of their land or anything? I looked into billboards but it seems that would not work. The land is marked as worthless.
+
+​
+
+Thanks.
+For example: I had a duplex with one side was rented covering the mortgage and then other needed renovations….I decided to pay out of pocket slowly for the renovations rather than “add debt” with another loan. 
+
+The remodel took over a year & I’d have been better off taking the loan, accelerating the remodel and getting the 2nd unit rent income started asap. 
+
+It helped me see the value of debt when it adds income. Reframed how I plan things and view debts.
+I am mainly talking about funds that invest in individual stocks. I can understand how some may want to invest more in bonds than stocks due to lower risk especially nearing retirement. But in general I would imagine that the goal is just to make money and as it currently stands it seems like nobody can beat the market. So why invest in a actively managed fund that is going to have a lot more fees if it is just going to have a worse result compared to putting it in something like the S&P.
+
+I also see a lot of investors claim that you can't beat the market but then right after saying that try to predict the outcome of individual stocks. Is this not contradictory?
+
+I refuse to believe people are this stupid. There must be some reasonable explanation right?
+What do I do and could the information in this subreddit alone lead me to financial success? If not, what other resources are at my disposal in guiding me to my goal of turning my money into even more money?
+On June 8, 2021, someone used my Chase Freedom Credit Card at a Home Depot (location I have never been to) for over $8,000 on wood flooring. 
+
+I called Chase to report this, and close my account. Chase denied my first claim and said "I benefited form this transaction." They then asked me to file a police report and send it in. 
+
+I filed a police report, sent it in and was denied. Chase said they will need video footage. The police report said that there is no video footage. The police department then told me to get an ID Theft Affidavit, and also told me that they arrested a group of people stealing from Home Depot in a manner similar to mine. 
+
+I sent Chase the supplemental police report that said that they had asked for video footage and that Home Depot did not have any. I also sent in the ID Theft Affidavit as well as the information about the arrests the police made last week. Unfortunately, Chase denied my claim again. 
+
+Does anyone have any advice as to what I can do next? Chase was doing this same bs last year when my flight was cancelled. They would not refund me until I got the Department of Transportation to help. Now they are refusing to refund until they see video footage. 
+
+The reason they are requesting video footage is because the receipt said "chip read". Home Depot did not even ask for a signature so we could compare...
+Hi all,
+
+I am a Canadian citizen, looking to invest in European stocks. I am looking for your help as before I begin, because I want to be crystal clear on the tax implications of these investments. **I am only looking for information on European stocks.** I reviewed info for the tax implications of holding US stocks (both from the taxes withheld by the US, as well as the taxes charged by Canada) and that was easier to find.
+
+It seems like each country in the Europe does things a bit differently for a Canadian? I am looking to invest into stocks from Great Britain, France or Germany.
+
+I wanted to learn of the withholding tax implications - on both capital gains and dividends - for stocks bought on the stock exchange of these countries in a non-registered account, TFSA, RRSP and RESP. **It has been hard to find info on this on the web so I am hoping you all can help?**
+
+From my research I found the following information. I would appreciate if you can validate/correct anything that is not true.
+
+​
+
+1. For Great Britain, there is there is NO withholding tax on dividends for a Canadian. **Is this correct?**
+
+2. For both Germany and France, there is a 15% withholding tax on dividends in a taxable/non-registered account. **Is this correct?**
+
+* **Does the withholding tax on dividends apply to registered (TFSA, RRSP and RESP) accounts as well**? As a comparison, the US withholding tax on dividends does not apply if you hold the stock in an RRSP account but it does for TFSA. I want to see if there is some stipulation like this with Euro stocks as that could help me determine which account to use so that I can be tax       efficient and claim the foreign dividend tax credit when filing my taxes in Canada.
+* Is this 15% withholding tax on dividends the reduced tax rate based on the tax treaty between Canada and the named countries?
+* **If yes to b, how do I make sure that I am only charged the reduced tax at source?** One thing I would like to avoid is that I do not want a 30% tax withheld upfront and then later have to send a claim to the country's tax department to get back the taxes that were charged above the reduced tax rate. As a comparison, for US stocks I would sign a W8-BEN form with my broker which allows the company to use the lower tax treaty rate when withholding tax on US dividends at source, so that makes it easy for me from the get go, I don't need to do anything else. **Is there a similar form for European countries?**
+
+3. For all three countries above (UK, France, Germany) I could not find any information on any capital gains tax for stocks from these countries. (I did find some info on capital gains on property). This leads me to believe that there is NO tax withheld on capital gains of stocks by any of the above countries. **Is this correct?**
+
+If you have tax info on other European countries, I would welcome that as well. Or even if there is a handy website for Canadians that covers the European countries (and possibly other countries like Japan or Singapore) that would be most appreciated!
+
+Thanks so much,
+Hi All
+
+I started a new job with a company that offers a DC Pension and a RSP. I decided to contribute to the Pension plan because of the matching contributions. The company does not match RSP contributions unfortunately. I'm still contributing to the RSP each pay on a much smaller scale plus I do receive a yearly bonus which I dump a majority into the RSP. 
+
+I'm not familiar with how pension contributions and taxes. I have read that pension contributions are tax deductible 
+
+ Is there a maximum yearly contribution allowed into a pension similar to RSP? I'm not able to find specific details on the CRA website. (Maybe I'm looking in the wrong places)
+
+Are there any other caveats around. DC Pension I should be aware of?
+
+Please advise
+So as tiny as $2.50 has been invested globally right after.
+This amazes me as wealthsimple can buy partial shares and keep your money working. No need to wait for the dividend surplus to reach a certain amount to be reinvested or DRIP. This makes compounding way faster. Pennies invested globally! Cmawn!!!!
+A lot of you more experienced investors on this subreddit have put up with a lot of noob questions from me and others over the last three months. 
+
+Thanks for that. 
+
+I've learned a ton from this community and largely because of info from here I bought the right stuff at the rime time and garnered a 30% increase over the last couple months. 
+
+I'm pretty stoked. 
+
+Cheers.
+20M, I started investing into my TFSA ($22,500) this year w/ WealthSimple to start off easily with a roboadvisor, but am looking to move to a DIY portfolio with Questrade so that I can start having more control over my investments (and lower fees).
+
+
+=
+I've heard a lot of good things about Model ETF Portfolios from Canadian Portfolio Manager and was thinking I'd start with one of the ETF models then branch out when more comfortable (i.e. take small steps).
+
+I'm not sure if this is the appropriate place to ask this (if not I'd appreciate if someone can send me in the right direction), but I can't figure out how to choose between:
+
+=
+
+>["3 Model" ETF Portfolio](https://cdn.canadianportfoliomanagerblog.com/wp-content/uploads/2019/03/CPM-Model-ETF-Portfolios-2019-03-31.pdf) [**TFSA:** ZAG VCN XUU XEF XEC]
+
+>^(Broke up XAW into XUU XEF XEC = Weighted Allocation MER 0.13% vs. 0.08%)                                 
+>^(**Total Weighted Allocation MER = 0.11%**)
+
+>[Vanguard Canada Portfolio](https://cdn.canadianportfoliomanagerblog.com/wp-content/uploads/2019/03/Vanguard-AA-ETFs-2019-03-31.pdf) [VAB VBU VBG VCN VUN VIU VEE]
+
+>^(Broke up VGRO/VEQT = Weighted Allocation MER 0.24% vs. 0.16%)                     
+>^(**Total Weighted Allocation MER = 0.15%**)
+
+=
+
+From what I can tell, based on the back-tested numbers the performance is very very similar, but the average weighted MER for the "3 Model" is 0.11% as opposed to 0.15% with the Vanguard portfolio. On top of that, the Vanguard portfolio would require more effort to rebalance etc.
+
+**Why would one choose the Vanguard portfolio over the 3 model portfolio? Any suggestions on which I should go with?**
+Hi all.
+
+​
+
+First time posting here after reading some older threads.
+
+​
+
+I'm trying to create a portfolio with one/a few ETFs for my semi-retired parents in their 60s who would use monthly/quarterly distribution payments as a source of income. Both their TFSAs would be maxed out, and then still some money left over in unregistered accounts.
+
+Ideally looking for ETFs/MFs which have high yield and are relatively stable over time or have the potential to grow so that in 20-25+ years down the line, there is still a good amount left for inheritance for the kids.
+
+​
+
+Originally I came across the RBC Managed Payout mutual fund series, which guarantees around either 5%, 6%, or 7% distributions, but because of the large ROC portion of the distributions, it seems like their NAV keeps going down over time, especially after market corrections where it never fully recovers.
+
+​
+
+I then came across some ETFs after reading other posts on here like XTR (yield: \~5.5%), XEI (\~5.1%), CDZ (\~4.4%), FIE (\~6-7%), and ZMI (\~4.6%).
+
+Of course, each has their own pros and cons, but really anything with an MER of < 1% I think would be fine. It's more of a fund to buy and hold and use for income, as mentioned previously. FIE is tempting, but is so heavily weighted towards Canadian Financials... ZMI seems more globally diversified compared to XTR which is more Canada-weighted...
+
+Also I don't think tax implications would be a big factor considering they're both semi-retired and don't have much income.
+
+​
+
+Would appreciate any input or advice you may have! Cheers.
+
+​
+
+EDIT: also wanted to ask opinions on going "all in" on something like XGRO for example, and then selling off shares every month to equate to around 5% yield, since in the long run XGRO can return 6%+ per year on average? Or perhaps 50% XGRO 50% XTR...
+Hey all,
+
+I'm brand new to investing, just opened a TFSA and put $2000 into it. I'm 28 and looking to start investing. My main problem is the constant thought of "its totally possible for me to turn this $2000 into $5000+ in a year"
+
+Which I'm I'm sure isn't realistic. So I'm wondering the best way to invest so I can see  growth / ROI ( I'm assuming growth is far more important at this stage) 
+In a year 
+
+Which ever way you recommend I'd really appreciate an estimate on growth/ROI to really temper my expectations
+
+Thanks all! I'm loving this sub any time I post I get 20+ replies of helpful kind advice
+
+
+Have anyone successfully claimed interest charge from Questrade margin account? What info do you need to provide to CRA? I provided them with my monthly interest charge and t5 nr4 but I was unable to claim the amount. They need the below. Do you know where I can get the below info?  They want to see the proof of the total interest paid during the year where do I get that?  This is for a correction on line 22100.
+
+- the date the loan was granted;
+- the total amount of the loan;
+- the total amount of the interest you paid during the year;
+- the principal amount of the loan owing on January 1 and December 31 of the year.
+
+I did call them and ask for more info on what they need but you can’t talk to the people reviewing the case, you talk to a rep and they tell you to read what is required and send it which is useless.
+It's helpful to think of a **mortgage** as a **short position in a fixed income** investment (e.g. bonds).
+
+On the other hand, buying **bonds** is holding a **long position in a fixed income**.
+
+Obs: "short" and "long" position come from stock investing. If you're not familiar with the terms do a quick search. I won't go into details of these terms here since it's a simple concept.
+
+​
+
+Explanation:
+
+Mortgage can be seen as if you sold bonds to the bank. Meaning you're borrowing money from the bank and you'll pay interest on that money every month.
+
+And buying bonds is the exact opposite. You're lending money and will get interest on that.
+
+​
+
+Why is that important? 
+
+Let's say you have an aggressive portfolio with 100% stocks and now it's time to start balancing your investments with a more conservative portfolio (for ex, you want to have 60% equity, 40% bonds). Instead of buying bonds you should consider paying off the mortgage with the money you'd be investing in bonds.
+
+Or if you already have a 60/40 portfolio, you could consider selling the bonds in your portfolio in order to pay off your mortgage.
+
+​
+
+In other words, holding a mortgage and buying bonds is the equivalent of renting out your own car to make some money, and with that money you rent a car for your personal use.
+
+You'd be better off just returning your rental and getting your car back. 
+
+This is the equivalent of "closing your short position" in bonds (e.g. paying off your mortgage) instead of using the money to buy bonds.
+
+​
+
+\*This is not a rule and I'm not saying it applies equally to everyone in every situation. But it's something to think about and to increase your awareness on how the mortgage affects your investment.
+A little while back I switched my entire Roth IRA (<$20,000) into one stock. Tencent, TCEHY. It's China's leading tech company. Controls WeChat, which is the Facebook there, along with eWallet. China is quickly becoming a cashless society and WePay (along with Alipay) are leading the charge. 
+And that's not all, Tencent owns RIOT gaming, which owns League of Legends. They've also made their own addicting game, Kings of Glory, which is a cash revenue generating machine. 
+
+Take a look at the stock's steady climb up and hop aboard. I have watched my positions of JD and BZUN with concern, but never Tencent. 
+"DAYUM GURL, y u gotta pay off dat loan so quickly. We only got $928.54 of interest out of you when it should have been $6555.14!"
+
+
+I'm $100k+ in student loan debt. $48k in my name (I include my car loan in this since debt is debt), $84k in a ParentPlus loan I pay $210/mo to. 
+
+
+In March of 2014 I got a job in my field making $40,000/yr and decided in August that I was going to crack down on my student loan debt so I could achieve my dream of building/buying a house (also marriage, kids, and travel). 
+
+
+Since August, I have successfully paid off: 
+
+1. $3,500 student loan @6% in October 2014
+
+2. $9,000 car loan @4% in January 2015
+
+3. $13,000 student loan @6% AS OF TODAY
+
+
+ONE YEAR. IN ONE YEAR **I have paid off $25,500 of debt on a $40-$41k/yr salary for 11 out of the 12 months.** I also worked THREE other jobs in addition to my full-time job that pulled in about an extra $15k this year (overnight pet sitting, Etsy shop, freelance). I'm more than halfway to debt free (in my name). Keep in mind this is before taxes, health insurance, and 401(k) contribution so the total is probably $45k.
+
+
+Aside from working my ass off at three other jobs and having no life, which allowed me to toss 100% of those incomes to my loans, I made some serious changes to my spending habits and cut down where I could. I live with my boyfriend, so we split all expenses 50/50. We rent a house from his grandparents (in MA) for $800/mo (GREAT price), so aside from my student loans my largest bill was my $400/mo rent. 
+
+
+In addition to that, here are a few significant things I did I thought were beneficial:
+
+
+- Switched my phone bill to Ting. I was paying $70/mo with Verizon - since switching to Ting, my bill is now $25/mo ($28 after taxes). However, because of referrals (don't worry mods, no code here), I haven't paid a single bill since I switched. I recruited friends, family, coworkers, and Redditors and saved myself a year of a cell phone bill. I was able to apply that $50/mo savings to my loans.
+
+- I don't buy coffee in the morning (or ever), don't buy lunches, and don't ever go out to eat. I make my lunch at home and bring tea and snacks to store in my desk at work.
+
+
+- Literally stopped buying myself video games, toys, anything. I would ask for these things as gifts during birthdays/holidays instead. The one thing I allowed myself to spend money on was new clothes because it's my weakness and fashion boosts my confidence, but it wasn't without budgeting for it and using the income from my pet sitting job to do so. 
+
+
+- Frequently called FiOS to make sure we were on the best promo and price for what we had. This paid off a couple of times. My boyfriend cannot live without football and refuses to watch the big name shows (GoT, TWD, etc) at a later time, so we have to have cable - and not just basic, but all the damn special channels. We also have to have 50/50mps internet because League of Legends (ಠ_ಠ). If I had it my way, I would have also cut down in these areas, but we pay $94/mo for it currently, which I can live with. 
+
+
+- We have two indoor cats that are on Advantage (flea protection, yes, even if they are indoors - I learned my lesson). A box of 4 costs like $58, which would cover our cats for two months. I took to Ebay and found the Advantage 4 pack for $28 instead (it's sealed, not a knock off). So now we pay $28 every two months instead of almost $60. This isn't significant savings, but every little bit helps.
+
+- I used the snowball method instead of avalanche. Because the debts were small, it allowed me to pay them off faster, which then allowed me to apply their minimum payments to my next loan. By the time I got to the $13k loan, I was putting $350/mo down on it instead of $110/mo. Now I'll be able to put $650/mo on the last loan and pay it off in one year with extra money from my other jobs (and new income). If I had started with the $20k loan, I would still be here...making the minimum payments on all my loans except whatever I could throw at the $20k loan.
+
+
+The main contributor to such a fast pay-off of those loans was absolutely working like a dog, but I still consider it a feat with many sacrifices made. There was no inheritance, no trust fund, no sudden windfall of money or a duel income of $1000,000+/yr, just hard fucking work. I wish I could say I had some big secret, but I don't. You just have to work at it.     
+
+
+I just started my new job on August 17th in the same field, web designer, making $78,000/yr. I can do this. **I have one, $20,000 student loan left @6% that I will be able to completely wreck within the next year.**
+
+
+For those who will probably wonder: I do have a (smallish) emergency fund and I have been contributing to a 401(k) this entire time. I wasn't maxing it out, since my debt was my priority, but with my new job maxing it won't be an issue. 
+
+
+I wish I could say I was debt free, but I was too excited not to share my halfway point/one year mark so I hope you guys don't mind. I have this sub to thank for almost all of this, as I started coming here right when I started to tackle my loans. I've learned so much. 
+
+
+THREE DOWN, ONE TO GO!
+
+
+Edit: For those questioning the $84k loan. This is a ParentPlus loan that is no obligation to me, nor is it in my name or considered as part of my debt (if we're being technical; I still include it in my total education cost). It's optional for me to pay, but I do because I want to help my parents.
+
+
+For those questioning my "deal" on rent: the house can only rent for $1100/mo, so it's really not that much more below. The town it's located in is one of the worst in the state, plus an hour outside of the city.
+
+
+You can't expect people to not live with someone and only pay astronomical rent in order to be deserving of a "good job, you did well." THAT is unrealistic, and not fair to those who are trying had to pay off their debts.  
+Markets go up and down, and a lot of it is based on speculation by rich people instead of actual value.  Get over it!  One week there's a wave because of a tweet, another week there's a wave because a dozen bankers made a deal on a yacht.
+
+But I don't follow Elon, so I don't give a shit of he talks about DOGE, or GME, or if you cancel your Tesla order.
+
+I do follow r/ethtradet because I'm interested in the crypto market, but most of the people here seem to think Elon is the most important factor.
+
+If you think ETH is a good investment, if you think it's solid tech and will be important in the future, then just buy, hodl, and shut up about what changed in the last six hours.
+
+ETH is future tech and the future isn't six hours from now.
+​
+
+https://preview.redd.it/zfrhs40qqqi61.png?width=1378&format=png&auto=webp&s=4fc13297b40b14c739f2055dc52cb10c4e3085c6
+
+★Motivation
+
+The motive of this work is to respond to the claim that bitcoin is an absolute value storage method because the total output is fixed, whereas Ethereum has no limit on the total issuance amount and is therefore unsuitable as a value storage method.
+
+​
+
+★Summary
+
+Bitcoin is precisely a means of storing value without inflation because the total supply is fixed. Deflation can also be expressed by adding up to the natural loss. However, it is passive deflation.
+
+However, when Ethereum 2.0 begins, deflation (reduction in total supply) is expected to proceed.
+
+​
+
+★To know if the annual supply of Ethereum will decrease, we need to estimate the annual supply and incineration.
+
+​
+
+★Supply
+
+\-Supply of Ethereum 1.0
+
+Currently, Ethereum is producing an average of 13,500 per day (Data on Etherscan)
+
+About 5 million units are supplied annually.
+
+ex)13500 (daily production) x 365 (days) = 4927500.
+
+​
+
+\-Supply of Ethereum 2.0
+
+In Ethereum 2.0, mining by existing miners disappears. Converted to staking reward mining. Ethereum is using a supply curve based on the total amount of staking.
+
+As the amount of stock locked by staking increases, the supply volume increases.
+
+Assume that approximately 134 million are locked by staking to maximize supply. According to the curve table, the annual supply is 2.1 million units (Ref. 1).
+
+​
+
+https://preview.redd.it/xpjf0kuuqqi61.jpg?width=1174&format=pjpg&auto=webp&s=5dd69886ba7abd3b08c539d811a6307001e2098a
+
+​
+
+★Amount of reduction (estimation of incineration amount)
+
+\-When the Ethereum improvement proposal (EIP-1559) is introduced, the basic fee will be burned. Probably, it is not expected to be burned due to the recent spike in fees.
+
+Estimated the amount of Ether used as fees per day as of October 2019, when Ethereum overload was less.
+
+According to The Block Crypto, out of the total revenue of $76.54 million of miners at the time, $2.72 million was fee income.
+
+Fee income is 3%.
+
+Since 3% is a ratio, it can be applied to daily production.
+
+3% of the total amount of mined 13,500 per day is 405. That is, if EIP-1559 is applied, 405 Ether can be burned per day.
+
+​
+
+https://preview.redd.it/kas99ls0rqi61.jpg?width=1255&format=pjpg&auto=webp&s=8d1a226d0ed5ffd379d7a293e9a44fbd4d2d5590
+
+\-In Ethereum 2.0, sharding was introduced to increase throughput. The Ethereum Foundation website says it can process 1,000 cases per second. It is estimated that the number increased by the number of sharding is multiplied by the current throughput.
+
+ex) Currently, 16 cases per second x 64 = 1024 (1000 cases per second)
+
+Throughput per second may vary depending on network conditions, but just note that we expect 64 times higher throughput than now.
+
+​
+
+\-If the base fee is burned, 405 ether per day will be burned, and in Ethereum 2.0, this throughput can be assumed to increase by 64 times. That is, up to 25,920(405x64) Ether can be burned per day. When converted to an annual basis, 9.48 million (Ref. 2).
+
+=25920(amount of incineration per day) x 365 (days) = 9.48 million
+
+​
+
+★Assumption
+
+Ethereum is currently being used up to the throughput limit. Even if Ethereum 2.0 is released, it is assumed that the requirement can quickly reach the limit.
+
+​
+
+★Conclusion
+
+In Ethereum 2.0, the maximum supply per year is 2.1 million units (Ref. 1), and the maximum incineration amount per year is 9.48 million units (Ref. 2). If the demand for Ethereum reaches the maximum as assumed, 7.38 million Ethereum is burned per year.
+
+ex) Annual output of 2.1 million-9.48 million =-7.38 million.
+I really just want to live independently. Right now I live and take care of my grandparents for free rent and stuff, but I'm tired of doing that and I just want my own place. Maybe an apartment, I don't care. I don't have much, I'd probably have to buy a new bed and furniture, so how much should I start saving up before I think about moving out?
+
+Edit: wow. Thanks for all of the advice! I'm happy that you all took the time and wrote me what you think would be best for me, and I'm taking everything into consideration. I plan on saving for a few months, maybe 4-5, or until I have over 10,000, just so I have enough. I also might get a townhouse with a friend, because down where I live they aren't much. The one I'm looking at is new and has new appliances and only charges 1250 a month without utilities, so that's something I'm looking into 
+
+Edit 2: I want everyone to know that I've read every reply and comment here and I great fully appreciate the help! I'm taking everything into consideration, and I apologize if I couldn't reply to some of you, this blew up and it's hard to reply to everything!
+
+Thanks again everybody! 
+
+I also recently got a credit card with Bank of America to help me build credit. Buy some small things, pay it off, that's my plan for credit right now, I'm also looking into YNAB
+So all the redditors gathered together and they all complained about how horrible sears is [link to the post](https://www.reddit.com/r/investing/comments/5sqsed/sears_is_crumbling_fun_fact_since_2007_shld_is/) and wondered why anyone would even own such a  stock.
+
+As it turns out, the age old advice of always doing the opposite of what redditors recommend turns out to hold true.
+
+Sears is up 25% today, all thanks to combined efforts of /r/investing not recommending the stock. A mere coincidence? I think not.
+I just wanted to make this post to help out those among you that've seen your portfolios drop in the last few weeks to feel better about yourselves. I started investing heavily in early 2015 and while I'm still in the black, over the past two weeks I've encroached $10,000 in losses from those unrealized gains. This is in a portfolio that's well diversified and with miniscule fees, so trust me, if you're quite negative you are not alone. I am right there with you and we will pull through this stronger on the other side.
+
+
+The surprising thing to me is that I didn't freak out at all. This is the first real correction I've experienced and despite checking prices fairly frequently, it just hasn't registered emotionally with me. I look at the declines and feel pretty numb to it, which was reassuring to me that my emotions are not in control. It probably helps that I never invested any amount that I couldn't afford to lose and I have a long time horizon, and I acknowledge that's a luxury some of you are not afforded. For those that have invested money they will need shortly, I sympathize with you greatly but know with enough time those gains are highly likely to recuperate. 
+
+
+I'm not a prideful man. I've lost upwards of $10,000 of value in these last few days and admit it before this sub that has helped me out so much. If you're experiencing losses you're not alone, we are all there with you. I implore everyone to stay disciplined and resolved and we will all come out on the other side of this. I love you guys.
+Fact is many more shares need to be DRS'd. Appears to be a lot of fence sitters/toe dippers.
+
+There is also recently a lot of talk about how to sell from Computershare. Im hoping this talk is mostly preparation discussion among single share holders/people intending to sell few DRS'd shares in case the brokers shit the fan. The implication of selling DRS'd shares is a conflict of interest with the premise of an "infinity pool" where the float is totally locked which provides the biggest leverage in setting "any price" as all shares not locked up are needing to be bought back. 
+
+At the same time its important to realize that as virtuous as saying DRS shares are "not for sale" when the ticker starts climbing I suspect that stance is subject to change. So really a true infinity pool is an unlikely outcome but still a worthwhile direction to pursue. 
+
+Looking to discuss what your thoughts and plans are for DRSing. Cheers. 
+
+Ps. DRS is the way.
+I keep hearing about crypto but I don't understand it so I'm asking for some help. So why do people invest in it? I know all investing is kind of like gambling but with stocks there's some tangible thing you get. Most stocks pay out dividends and in theory if a stock is undervalued then some very rich people will buy the stock because they want a partial ownership of the company itself which creates a scarcity that drives up prices. So there's something tangible there (ownership plus dividends) but with crypto I'm confused. What do you get? I hear people invest in it cause it's the "future currency of the world" but then wouldn't it be a bad investment because for a currency to function I'd have to stop all its volatility and become mostly stagnant like the us dollar. I also hear that people invest in it cause they are investing in the block chain technology but bitcoin isn't a company and they don't have any patents so how is it investing in the block chain? Is crypto just a pyramid scheme/gambling ring or am I missing something. Is it a worthy investment for someone a bit more risk adverse?
+FINRA is requesting comment on potential enhancements to its short sale reporting program.  FINRA is considering:
+
+(1) modifications to its short interest reporting requirements (Rule 4560);
+
+(2) a new rule to require that participants of a registered clearing agency report to FINRA information on allocations to correspondent firms of fail-to-deliver positions; and
+
+(3) other potential enhancements related to short sale activity.
+
+​
+
+FINRA encourages all interested parties to comment on this request for comment. Comments must be received by August 4, 2021. 
+
+​
+
+\~\~\~\~
+
+​
+
+FINRA is considering whether amendments to its short interest reporting and dissemination program would be appropriate to improve the regulatory and public utility of the information. FINRA also is considering whether any changes to other aspects of its short sale regulatory program would be beneficial, as discussed below. 
+
+​
+
+**A. Publication of Short Interest for Exchange-listed Equity Securities**
+
+FINRA Rule 4560 requires firms to report short positions in all equity securities (other than Restricted Equity Securities) to FINRA. Thus, FINRA members are required to report short positions in both OTC equity securities and exchange-listed equity securities. However, FINRA currently only disseminates on the FINRA website short interest information for OTC equity securities. For exchange-listed securities, FINRA provides the reported short interest position information to the applicable listing exchange for processing and publication. Exchanges historically have handled the publication of short interest data for their listed securities, even after short interest reporting for all equity securities was consolidated through FINRA in 2008.[8](https://www.finra.org/rules-guidance/notices/21-19#_edn8)
+
+**FINRA is considering consolidating the publication of short interest data that is reported to FINRA for both listed and unlisted securities.** If FINRA were to make this change, short interest files for all equity securities would be made available free of charge on the FINRA website and would not require changes to firms’ reporting requirements. In addition, if this change was made, the below potential changes to the content and timing of publicly disseminated data would apply to listed and unlisted securities. 
+
+​
+
+**B. Content of Short Interest Data**
+
+FINRA receives short interest data from members on a firm-by-firm basis and subsequently aggregates the information by security to create the disseminated data files. FINRA is considering changes to the data fields firms are required to complete. 
+
+As discussed above, FINRA’s website publication of short interest data currently is limited to non-exchange listed, OTC equity securities and includes the following fields:
+
+​
+
+* Security name
+* Symbol
+* Settlement Date
+* Market (*i.e.*, OTC equity securities)
+* Current aggregate short interest position for the security across all firms
+* Previous aggregate short interest position for the security across all firms
+* Change in short interest position since the prior reporting period (number of shares)
+* Change in short interest position since the prior reporting period (percentage)
+* Average daily trading volume for the security
+* Days to cover[9](https://www.finra.org/rules-guidance/notices/21-19#_edn9)
+* Revision Flag[10](https://www.finra.org/rules-guidance/notices/21-19#_edn10)
+
+​
+
+FINRA is considering the following changes to reported and disseminated short interest data.[11](https://www.finra.org/rules-guidance/notices/21-19#_edn11) In some cases, FINRA also is considering whether the additional data points proposed to be collected should be disseminated publicly or used only for regulatory purposes. 
+
+​
+
+* **Proprietary and Customer Account Categorization**: FINRA is considering requiring firms to segregate the total reportable short interest into two categories—short interest held in proprietary accounts and short interest held in customer accounts. Specifically, in addition to reporting the total short interest in a security, firms also would be required to specify the short interest held across all proprietary accounts and across all customer accounts (for both retail customer and institutional customer accounts) for each equity security as of the close of the designated reporting settlement date. FINRA believes that this information would provide beneficial regulatory information regarding the type of market participant that accumulated a short interest position (i.e., a firm or a non-broker-dealer customer).  
+
+​
+
+* **Account-level Position Information:** Alternatively, FINRA is considering requiring firms to report (for regulatory purposes only; not to be disseminated publicly) short interest position information with more granularity by reporting at the account level for all equity securities. Account-level short interest position information would provide FINRA with insight into the identity of the individuals or entities that accumulated concentrations of large short interest positions, which FINRA would use to enhance its reviews for compliance both with SEC Regulation SHO and FINRA’s short sale rules. 
+
+​
+
+* **Synthetic Short Positions:** In addition, FINRA is considering requiring firms to reflect synthetic short positions in short interest reports. For example, enhanced short interest reporting could include **synthetic short positions achieved through the sale of a call option and purchase of a put option (where the options have the same strike price and expiration month) or through other strategies.** FINRA believes this information would assist FINRA in understanding the scope of market participants’ short sale activity,  specifically regarding the use of less-traditional means of establishing short interest. 
+
+​
+
+* **Loan Obligations Resulting From Arranged Financing:** FINRA understands that members may offer arranged financing programs (sometimes called “enhanced lending” or “short arranging products”) through which a customer can borrow shares from the firm’s domestic or foreign affiliate and use those shares to close out a short position in the customer’s account. FINRA is considering requiring members to **report as short interest outstanding stock borrows by customers in their arranged financing programs to better reflect actual short sentiment in the stock.** 
+
+​
+
+* **Total Shares Outstanding (TSO) and Public Float:** FINRA also is considering including in FINRA-disseminated short interest data, where available, the TSO and public float for securities. FINRA would obtain this information from a third-party source and include it in disseminated information; therefore, this change would not alter firms’ reporting requirements. FINRA believes disseminating a security’s TSO and public float would provide investors with contextual information regarding the relative size of the aggregate short position in the security.
+
+​
+
+* **Threshold Security Field:**[12](https://www.finra.org/rules-guidance/notices/21-19#_edn12) FINRA is considering including in FINRA-disseminated short interest data a new field that would indicate if the security is a threshold security as of the short interest position reporting settlement date. This change would not alter firms’ reporting requirements. FINRA believes that a security’s status as a threshold security could be useful to investors and other market participants in evaluating an investment decision, and that consolidating this information into disseminated short interest data simplifies the process of obtaining this information for users of the data. 
+
+​
+
+**C. Frequency and Timing of Short Interest Position Reporting and Data Dissemination**
+
+Members currently must submit short interest reports to FINRA twice a month and reports are due to FINRA by 6:00 p.m. ET on the second business day after the reporting settlement date designated by FINRA. FINRA is considering requiring firms to report short interest data to FINRA more frequently. Specifically, FINRA is considering **reducing the reporting timeframe to daily or weekly submissions** and, to enable FINRA to disseminate the collected information to the marketplace on a timelier basis, such reports also would be due to FINRA in a shorter timeframe following the applicable settlement date. For example, if FINRA were to require daily submissions, short interest reports could be due by 6:00 p.m. ET one business day after the designated reporting settlement date, and for weekly submissions, short interest reports could be due by 6:00 p.m. ET one business day after the weekly designated reporting settlement date (instead of the current requirement of two business days after the designated reporting settlement date).[13](https://www.finra.org/rules-guidance/notices/21-19#_edn13) 
+
+FINRA also is considering reducing the FINRA processing time involved in disseminating short interest data. Currently, FINRA disseminates short interest data for OTC equity securities on the FINRA website seven business days after the designated settlement date, which is five business days after the reports are due from member firms. FINRA is considering reducing this processing time. The proposed reduction in FINRA processing time could apply where firms report short interest to FINRA on a daily or weekly basis, as described above, and also could apply to the current twice a month reporting cycle (with or without a reduced firm turnaround time).
+
+Increasing the frequency and timing of reporting and disseminating short interest data would provide FINRA, other regulators, investors and other market participants with a more current view of short interest information, better inform investors’ and other market participants’ investment decisions, and provide more timely information to FINRA for regulatory use.
+
+​
+
+**D. Information on Allocations of Fail-to-Deliver Positions**
+
+Regulation SHO permits a member that is a participant of a registered clearing agency to allocate a portion of its Rule 204 fail-to-deliver position to another broker-dealer based on that other broker-dealer’s short position.[14](https://www.finra.org/rules-guidance/notices/21-19#_edn14) FINRA is considering enhancing its short sale reporting program by adopting a new rule to require members to submit to FINRA (for regulatory purposes only; not for public dissemination) a report of daily allocations of fail-to-deliver positions to correspondent firms pursuant to Rule 204(d) of Regulation SHO. 
+
+The proposed allocation report may include the following fields:
+
+​
+
+* Security
+* Identity of correspondent firm
+* Amount allocated to correspondent firm (number of shares)
+* Trade date(s)
+* Allocation Date
+* Close out Date
+* Applicable close out obligation (T+3, T+5 or T+35)
+
+​
+
+This information would provide FINRA with important supplemental information in support of its Regulation SHO surveillance program. Currently, when there has been a fail-to-deliver, FINRA initiates an inquiry with the clearing firm requesting information on whether the fail-to-deliver has been allocated to a correspondent firm and, if so, the identity of the correspondent firm. Obtaining daily information on fail-to-deliver allocations would allow FINRA to directly identify the member that is responsible for a close-out obligation (without first requesting this information from the clearing firm), and, therefore, would allow FINRA to conduct more efficient investigations.
+
+​
+
+**Full Version:**  [Regulatory Notice 21-19 | FINRA.org](https://www.finra.org/rules-guidance/notices/21-19) 
+
+​
+
+**TLDR:** FINRA is enhancing it's Short Sale Reporting Program, and has invite the public to provide comments on the proposed changes before August 4, 2021.
+
+It's a positive step forward, but we have to make sure FINRA provide more data transparency, stronger regulation and deeper investigation into illegal naked shorting.
+
+💎🙌🚀🚀
+We're all here because of Satoshi's vision. It would be wise for us to stick to his vision. And if you don't believe Satoshi, then read what [Mike Hearn has to say about this topic](https://medium.com/@octskyward/crash-landing-f5cc19908e32): Bitcoin adoption will sputter then die without an increased block size limit.
+Hi everyone,
+
+I just received $2400 from the IRS as my stimulus check when I should have only received $1200.
+
+Here is the situation: my husband and I got married in December of 2019. I did not file 2018 taxes (I am a full-time student) and my husband who is a full-time employee did file 2018 taxes. He automatically received his IRS stimulus of $1200 that was deposited to his bank (based on his 2018 taxes which stated he was single). Then in April, I filled out the IRS form for non-filers to receive my stimulus check and since it was for 2019, I filed as a married couple.
+
+My bank account now received $2400 (one for me and one for my husband).
+
+**My question:** How do I fix this? I'm guessing there is some sort of amendment form that I need to physically fill out but I'm not sure what the mistake is that I need to amend. So I can't figure out what form it will need to be.
+
+I also want to add, I apologize for my ignorance in this matter but I would really appreciate your help and be educated on what I did wrong. I tried searching this subreddit for a similar situation but I haven't come across anything, so if you know a post where this is addressed, please let me know! Thanks in advance.
+
+**Bonus challenge question:** So from the responses I've gathered that my mistake was filing the non-filer since we didn't qualify to fill that form. My new question is, if I qualify for the $1200 but don't qualify for the non-filer, what was the correct way for me to receive the $1200? (I didn't have taxes filed in 2018 (my income was $0) and in 2018, we were both single so he (correctly) only received $1200.)
+
+​
+
+​
+
+Edit: Thanks everyone for your input! I'm sorry for those who haven't yet received the stimulus money you rightfully deserve. Seems like the best course for me is to sit tight, don't spend the extra $1200 and wait for the IRS to ~~bust in and arrest me~~ send me a letter to correct the mistake.
+Long-time Ape lurker here. I've been surprised to see essentially no talk about the Book King’s new company being about ... books. My wife and I run a mom and pop Indie Children's publisher and I have some pure speculation to share. I’ll keep this short:
+
+1. Indie publishing is HARD, and you’re under the thumb of Amazon. NFTs could change all of that, and I think RC is about to pull the trigger to enable this with Teddy + GameStop + Wallet.
+2. I believe that there are interactive digital versions of the Teddy books to be delivered via NFT. So… of course the images of the book pages would change .
+
+**FYI, about being an indie publisher:**
+
+1. If you haven't heard of KDP (Kindle Direct Publishing ie. Amazon), consider yourself lucky. Being an author is a cruel calling. Amazon has strangle-hold on the print on demand industry and you really have no other choices. Indie publishers make at most a couple $ per book.
+2. Your only other option is to pay to have a printer print 1000+ copies of your book, and their backlogs might be 6+ months. And then, you have to manage shipping yourself.
+3. You can buy author copies at a discount from Amazon for you to sell yourself. But, author copies don’t ship via Prime, so you have to pay a ton on shipping, and they take weeks to get to you.
+4. For years, our company has been producing each kids book twice: once for print on demand on Amazon, and once as an Interactive App for iOS and Android. We add in some fun games, narration, motion. We make more on a $3 app sale than we do on a $10 book sale.
+5. As many have speculated, I also believe that Teddy books will be delivered digitally as NFTs. I further believe they’ll be interactive, game-like, and that’s why the images have been changing .
+
+**As a publisher, our view on NFTs:**
+
+1. We LOVE the idea of people being able to share, sell, trade our interactive books. Retaining even a modest royalty on an NFT transaction is a win, since people usually trust book recommendations from friends and family more than any kind of marketing. (Needless to say, we also LOVE the idea of a beloved company sharing in a small slice of billions of such transactions.)
+2. We LOVE the idea of a physical book coming with an NFT for an interactive version. Right now, we’d have no way to manage that easily, and we would gladly partner or leverage a platform and marketplace that enables minting of NFTs for our interactive books. We’re unusual in our ability to make the apps… and the fact that we need to build and submit and maintain an app for each book is a pain.
+3. I speculate that Teddy is gearing up to support authors in the creation of NFT interactive books.
+
+**There’s an ongoing need for retail!**
+
+1. And then there’s the potential for a physical presence in a mall… We LOVE the idea of a store in a mall having a physical copy of our books.
+2. People still love to hold books, and shop in malls. I speculate that Ryan Cohen sees this and is gearing up to bring power to the authors in a hybrid fashion.
+3. Physical presence: I can envision GameStop or (any other store) having a point of sale system which sells a physical copy and grants an NFT at the same time. If you pay with your GameStop Wallet, it’s all automatic. If you don’t have the GS Wallet there’s some sort of unique identifier which can get you the NFT later.
+4. Maybe Teddy even has its own print on demand and distribution services to compete against KDP in a fair way because they can make their profit long-term on the share in the NFT licensing.
+5. I can even imagine a group of providers who can help create the interactive versions and mint the NFTs for all of these amazing content creators.
+
+Maybe you can tell my wife is the wordsmith, but I wanted to put these thoughts out there as food for thought!
+
+​
+
+EDIT to bolt on something u/ClosetCaseGrowSpace reminded me about wrt an NFT book reader...
+
+Yes! That NFT book reader is key, thanks for the reminder... I had some thoughts on that.
+
+I think it could be a killer app. Right now, you can't really publish kids picture books for e-readers. They're too static. That's why we produce our interactive books as mobile apps.
+
+We design in Unity, so our books are essentially games. Unity does an amazing job building cross-platform, and so it's no extra work for us to deploy iOS + Android. But, it takes a ton of time to submit each one separately.
+
+If I had RC/GS resources, I'd be building that book reader with a great authoring engine, something that empowers authors to add colour, movement, sound, and fun into their books. Blur the line between games and books, especially for kids. Mint at the push of a button... flatten into static pages for print at the push of another button - send it to a marketplace all at once.
+
+The future is so bright!!
+
+​
+https://www.cnbc.com/2020/01/06/disneys-streaming-services-worth-over-100-billion-investors-believe.html
+
+The market is valuing Disney’s streaming business at $108 billion, according to Barclays.
+
+Disney announced that it gained 10 million subscribers in the first day of Disney+.
+
+Shares of Disney are up about 6% since the new streaming service launched.
+I work at a family-owned steakhouse, and I normally work as a busboy. However, the past few weeks I've had to wait tables off and on due to lack of waitstaff. Servers do not typically receive a wage because their tips, in theory, should more than make up for it.  
+
+
+Tonight, if averaged out, I earned about $6.75 per hour.  
+
+
+I've had this issue before and brought it to the attention of my manager before. Last time, he said I would receive my typical busboy wage (7.35 per hour) on top of what I earned in tips (for the same reason stated above). However, when I received my check the following week, that was not the case.  
+
+
+I didn't bring it up then, which I recognize I should have done. So, tonight I made a point to bring it up. My manager told me that the owner was sorry for forgetting and that he would for sure put it on my check this time.   
+
+I also learned, through a friend, that as a busboy I should have been "tipped out" - where the servers give me a portion of their tips for helping them in the kitchen, cleaning their tables, and other duties. For the 7 months that I worked there before learning this, I was not tipped out. This didn't upset me too much at the time, but I brought it up with my manager. Since then, I've been tipped out off and on.
+
+
+Is this place screwing me over? Should I work somewhere else?
+
+
+Best wishes,
+Charlie
+Obligatory notice that this is not financial or legal advice, I am playing with red string and posting links. Do your own research and due diligence.
+
+**TLDR;** The OCC increased its capitalization requirements by $588 million to over $7 billion after conducting its liquidity test, warning us that one or more of its members (which includes banks and HFs) may be screwed to the point their own assets, $6.5 billion, and its insurance policies might not be enough to foot the bill.
+
+**Background On The Stress Test And What It All Means**
+
+For those of us who don’t know, the Options Clearing Corporation (“OCC”) is the “sole registered clearing agency for exchange-listed [option contracts](https://www.investopedia.com/terms/o/optionscontract.asp#:~:text=An%20options%20contract%20is%20an,prior%20to%20the%20expiration%20date.&text=For%20stock%20options%2C%20a%20single,shares%20of%20the%20underlying%20stock) on equities” (AKA stocks). In ape, if someone wants to trade option contracts (calls/puts), the OCC ensures those trades are fulfilled. [Source](https://www.theocc.com/Company-Information/What-Is-OCC). While the OCC is a private (or quasi-private) entity, like the DTCC, it is considered “systematically important” to ensuring that America’s financial markets operate. As a result, it is subjected to a different manner of regulation by the Securities Exchange Commission (“SEC”), including requirements that it craft and implement risk management policies and procedures necessary to make certain the markets continue to function properly (*e.g.*, there is enough liquidity in the market that people can continue to buy/sell.)Three of the OCC’s relevant policies/tasks are: (1) ensuring its members (banks and large hedge funds, including [Citadel Securities](https://www.theocc.com/Company-Information/Member-Directory)) have enough cash or assets readily available in case something bad happens to the market (like one of its member banks failing); (2) maintaining a Clearing Fund to help stabilize the market if one of its members does fail, so that the failed party can be liquidated (sold off); and (3) requiring its members to post collateral for their larger calls/puts in an effort to make sure they are not overleveraged (*i.e.*, gambled more than they can pay if they lose their bets).
+
+This is important, as we saw during the 2008 financial crisis, because when banks lose their bets and fail this can cause a huge ripple effect across the economy, causing companies to struggle in gaining access to their money (or loans), which in turn causes companies to horde their cash in fear they can’t make payroll, which causes other companies to struggle to get loans from other companies and/or banks, which causes layoffs and missed payroll, etc. [Source](https://www.frbsf.org/economic-research/publications/economic-letter/2012/may/liquidity-risk-credit-financial-crisis/#:~:text=Thus%2C%20in%20the%202007%E2%80%9308,commercial%20paper%20market%20dried%20up.&text=As%20a%20result%2C%20funds%20became,high%20precautionary%20demands%20for%20cash).
+
+In short, the casino (here, the OCC) has to make sure its players (the banks and HFs) have enough cash to back their bets and that it (the OCC) has enough cash to cover the player’s debts if they lose and cannot pay in full. Meanwhile, the casino liquidates the player’s assets and uses its emergency Clearing Fund to keep the casino running while things calm down.
+
+Sidenote: In April 2021 the OCC noted its total options trading volume was up 44.9% compared to April 2020 ([Source](https://www.theocc.com/Newsroom/Press-Releases/2021/05-04-OCC-April-2021-Total-Volume-Up-29-7-Percent)) and it saw a 52.4% overall increase in volume in 2020 compared to 2019. To give you an idea of size, in 2020 the OCC cleared 7.47 \*billion\* options contracts (each contract contains 100 shares). [Source](https://www.theocc.com/Newsroom/Press-Releases/2021/01-05-OCC-Clears-Record-Setting-7-52-Billion-Total#:~:text=In%202020%2C%20OCC%20cleared%207.52,and%207.47%20billion%20options%20contracts.&text=Compared%20to%202019%2C%20OCC%20had,increase%20in%20options%20contracts%20cleared). Weird. It is almost like people have been hitting the casino floor pretty hard.
+
+**Enter The OCC’s Liquidity Test**
+
+Last Thursday, the OCC conducted a liquidity stress test of its members, and it must have found something interesting because on May 17, 2021 it issued [this letter](https://infomemo.theocc.com/infomemos?number=48718) to its members requiring that they collectively, and *immediately*, increase the Clearing Fund by an additional $588,378,155. If they fail to comply by paying their share by May 19, 2021, the OCC will draft the money from their bank. (Side note: *the date I am posting this is May 19, 2021 and the markets is absolutely bleeding red, including crypto, which is lower than I have seen in a long time*.
+
+This letter made me wonder two things: (1) what was the Clearing Fund amount prior to May 17th; and, (2) who is undercapitalized to the point the OCC wants more than half a billion dollars on hand immediately?
+
+**The Clearing Fund And The SEC’s Enforcement Action Against The OCC**
+
+In digging for the baseline Clearing Fund amount, I came across [this press release](https://www.sec.gov/news/press-release/2019-171#:~:text=OCC%20to%20Pay%20Combined%20%2420%20Million%20Penalty&text=According%20to%20the%20SEC's%20and,%2C%20and%20information%2Dsystems%20security), detailing how in October 2019 the OCC settled claims made by the SEC that it was failing to implement effective policies and procedures necessary to ensure that it regulated its players/members so that its casino did not run out of cash. Basically, the OCC agreed to do what the SEC asked (update its policies and procedures), to pay a $20 million fine, and to hire an independent compliance auditor to oversee its “remediation of the violations and subsequent compliance efforts.” That’ll teach them…
+
+Anyway, I think I found the OCC’s Clearing Fund size from [this press release from July 6, 2020](https://www.theocc.com/Newsroom/Press-Releases/2020/07-06-OCC-Implements-Phase-III-of-Financial-Safegu), which references an “\[i\]ncrease \[in\] OCC’s base liquidity resources to ***$6.5 billion***”. If I am right, this means the OCC conducted a stress test and realized that $6.5 billion was not enough to hedge against its player’s bets and required they raise the Clearing Fund by another half billion to a approximately ***$7 billion***. Keep in mind the OCC operates its own casino, we are not even talking about the [DTCC](https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/depository-trust-and-clearing-corporation-dtcc/) and the issues it might be observing.
+
+Okay, so who has overleveraged so badly that the OCC alone decided $6.5 billion (plus the player’s liquidated assets) might not be enough to cover its players’ option contracts? I know we are all thinking “Shitadel!” and collectively squinting at our screens, and I think this is correct, *however*, I think there may be something bigger to the situation.
+
+**I Put On My Robe And \[Tinfoil\] Hat**
+
+Remember how HFs tend to have insider information so they are often ahead of the trade, making profit before retail and other institutions can move their positions? ([Example](https://www.dallasnews.com/business/2016/12/02/how-everyday-investors-can-make-money-by-peeking-into-the-dark-pools/).) So if a major player – like maybe \**Berkshire Hathaway*\* – were to make a major move, it is likely they know something big. (BTW, this is Warren Buffett’s hedgefund.)
+
+*Berkshire Hathaway’s 13F filing reveals that it cut its holdings in Wells Fargo by* ***98.3% from last quarter*** *(dropping from $1.58 billion in shares in January 2020 to $26.4 million as of March 31, 2021.)* \[[Source](https://www.benzinga.com/news/21/05/21167749/warren-buffetts-berkshire-sheds-wells-fargo-chevron-stakes-and-buys-this-stock-instead).\]This is unusual because Buffett has been investing in Wells Fargo since 1989, at one time holding up to 10% stake in the bank. So what did Berkshire Hathaway buy? [AON](https://finance.yahoo.com/news/1-buffetts-berkshire-buys-aon-215958612.html), a firm that “sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans.” [Source](https://en.wikipedia.org/wiki/Aon_(company)). Bonus note, “Aon” is a Gaelic word meaning “one.” I’m getting a Matrix vibe, like we are living in a simulation.
+
+So how do we use our red yarn to connect Berkshire Hathaway dropping Wells Fargo so hard after all these years? The wrinkly brains among you may already be a step of me, thinking: Berkshire Hathaway closed its position on Wells Fargo two months ago, so this has nothing to do with the OCC’s stress test. I partially agree and cast Lvl. 3 Eroticism. (You either get the joke or you don’t, let’s move along.)
+
+The answer is: I think Berkshire Hathaway was responding to Wells Fargo's results of a stress test that occurred in 2020, and the OCC's letter merely reaffirms what the prior stress test showed. [Source](https://www.businesswire.com/news/home/20201218005724/en/Wells-Fargo-Comments-on-Federal-Reserve%E2%80%99s-Stress-Test-Results). After last year's stress test, the Federal Reserve gave Wells Fargo, and the other major banks, until November 2020 to resubmit their capital plans (noting this was due in part to the realities of COVID-19, but I think that's just cover given the investments we saw going through the OCC, which presumably is mirrored by the banks). This could explain *not only* why Berkshire Hathaway divested from Wells Fargo, but why Bank of America and JP Morgan issued record-setting bond sales last month (likely trying to raise capital to meet liquidity requirements… which is not great news, if true, because it might mean they are overleveraged). Notably, I found no news about Wells Fargo going the bond sale route of its competitors.
+
+I also think last week’s stress test by the OCC confirmed what the Federal Reserve found last year, major banks like Wells Fargo might not have enough liquidity to handle one or two massive short sell events, particularly if Citadel and friends fail and leave them holding the bag. As a result, the OCC raised its Capital Fund by another half billion dollars. If true, this could mean we are in for a wild ride when things pop.
+
+Why? Well, look at Archegos, the margin-called HF, and how its collapse cost the banks lending to it billions of dollars. [Source](https://www.wsj.com/articles/credit-suisse-faces-banker-talent-drain-after-5-5-billion-archegos-hit-11621288761). The linked article also explains how these effects rippled, causing banks to lose money, be unable to pay competitive rates to their bankers, which causes them to lose employees. This is sometimes known as "brain drain" because the company/bank loses key people, thus affecting the company's operations until it can fill those positions and catch up on the departing employees' work (think Margin Call where they fire the HF's Risk Manager, who was on to the fact the housing market was about to collapse and they were overleveraged, forcing another employee to review his work and pick up where he left off... but keep in mind it usually takes A LOT longer than a few hours to accomplish this kind of task, but it's a movie, so...)
+
+Anyway, Archegos managed only $10 billion and we saw how that cost several banks, even in the personnel department. [Source](https://www.gurufocus.com/news/1396619/archegos-capital-management-a-10-billion-fortune-smoked). Now imagine what Citadel Security’s failure will look like, knowing it manages approximately $35 billion, and is likely overleveraged for much, much more than that. [Source](https://www.yahoo.com/now/billionaire-ken-griffin-top-10-160425844.html).
+
+**In sum**, the OCC’s May 17th letter may be reaffirming what we already believe: one or more large banks and/or HFs are sitting on many bad bets and the casino is worried its players will not have enough capital to pay up if/when they lose, so it is increasing its “insurance” policy (*i.e.*, Clearing Fund) by another half billion dollars.
+
+Please note I am stepping outside of my area of expertise on this, so do your own due diligence and form your own opinions. If I am wrong about any of this, please tell me so we can all learn together.
+
+\[This is not legal or financial advice\]
+
+​
+
+EDIT:  Thanks for the awards, kind strangers!
+I will probably get destroyed here for this but oh well.
+
+​
+
+I started my account with $47,000.00 CAD. I brought it up to $55,000.00 CAD swing trading and day trading. I made $35,000.00 CAD on BPTH last Thursday. I was scalping the stock and selling every few dollar profit buying 3000 shares at a time. At this point my account was at $92,000.00 roughly, however, I got greedy trying to make even more on BPTH and bought the top at like $73 something and everyone knows what happened from there. I ended up selling at $35.00 dollars and some change a share as I couldn't stomach watching it drop from $73 to $35 within a span of less than 5 minutes. I lost all my profit plus some of my account.... went from $92,000.00 to $35,000.000. In my defense I am new at trading and i had no idea how certain things worked. Like the stock got halted some many times I didn't realize that the price would drop that much that fast. My trading goal was to not hold for more than a few minutes before selling, however, around 11:30 the stock got halted like 3 times within the hour each time for 15 minutes. I definitely learned my lesson with this shit. I also learned how hard it is to deal with a financial loss because I was depressed for days after this shit happened and too embarrassed to tell anyone. Any advice from fellow traders would be great.
+
+​
+
+P.S: I have been actively trying to trade for the last 3 months or so, however, I also have a full time job.
+Unlike the bank (or anything we’ve previously known), with the Lightning Network the other party can’t decide not to give you the money they owe you.  A blockchain confirmation will always set the record straight.  Unlike the bank, the Lightning Network involves zero trust in the other party to give you your funds.
+
+https://www.investopedia.com/terms/c/counterpartyrisk.asp
+See these links below with a recent examination by FINRA in August, and a recent transcript speech from a current SEC commissioner from a few days ago. It seems they're okay with retail traders trading options but want to look into options approval and highly leveraged positions taken by novice traders...somehow, and to quote the SEC commissioner directly:
+
+​
+
+> Given these changes in market access, it may be that the options account approval rules are due for a review, and I look forward to thinking this through with my colleagues. I am also thinking about the implications of this phenomenon more broadly, particularly the consequences of increased numbers of retail investors using leveraged investment strategies subject to margin calls that they may not be able to meet. That may not come to pass, but, again, it’s important to consider how to modernize our regulations to meet new trends.
+
+​
+
+[https://www.finra.org/rules-guidance/guidance/targeted-examination-letters/targeted-examination-letter-option-account-opening-and-supervision](https://www.finra.org/rules-guidance/guidance/targeted-examination-letters/targeted-examination-letter-option-account-opening-and-supervision)
+
+​
+
+[https://www.sec.gov/news/speech/crenshaw-2021-09-24?utm\_medium=email&utm\_source=govdelivery#\_ftn34](https://www.sec.gov/news/speech/crenshaw-2021-09-24?utm_medium=email&utm_source=govdelivery#_ftn34)
+
+​
+
+​
+
+Also see Barbara Roper here who was just added into the SEC's roster as Senior Advisor to the Chair who said the following on options trading + approval:
+
+ 
+
+>There are a number of issues that are sure to get attention from regulators in the wake of the Robinhood/GameStop events. In particular, regulations related to payment for order flow, best execution, options trading and short selling seem like top candidates for a long-overdue review.  
+>  
+>The issue that is of particular interest to me, however, is how regulators will go about updating our sales practice rules to apply to trading apps, like Robinhood, that incorporate psychological nudges and gamification to encourage conduct — like frequent trading and trading in options — that is profitable for the firm, but not necessarily good for its customers.  
+>  
+>Those are practices a traditional broker could never recommend to the typical Robinhood customer under the sales practice rules. Robinhood argues, however, that it doesn't make recommendations, so the sales practice rules don't apply. Regulators will need to decide whether they agree and, if so, where the line lies between a "nudge" and a recommendation.  
+>  
+>Long before the GameStop events raised the ante, Massachusetts regulators were already arguing in an enforcement action that at least some of Robinhood's features crossed that line. Even if regulators conclude that gamification and nudges aren't recommendations per se, they will still need to decide how those features should be regulated.  
+>  
+>In our view, firms need to be held accountable for how they design their apps and platforms to ensure that investors aren't abused. I feel confident that issue will get the attention it deserves in coming months.
+
+[https://www.protocol.com/braintrust/financial-regulation-after-gamestop-robinhood?rebelltitem=5#rebelltitem5](https://www.protocol.com/braintrust/financial-regulation-after-gamestop-robinhood?rebelltitem=5#rebelltitem5)
+
+ 
+
+​
+
+>Turning risk into a game  
+>  
+> "The way the app is set up, gamification is used to nudge investors into those practices that are most profitable to Robinhood – frequent trading, trading on margin and trading options," said Barbara Roper, director of investor protection at the Consumer Federation of America, a consumer advocacy group. "This is not remotely appropriate for unsophisticated, new investors."   
+>  
+>Roper said that if a brokerage were really designing a system with the interest of the investor in mind, traders would face hurdles before being able to trade options or trade on margin, which means trading with borrowed money. They would have to pass tests to make sure they understood the risks.  
+>  
+>"Instead of that, they make it as easy as possible," she said.
+
+​
+
+[https://www.usatoday.com/story/money/2021/02/18/robinhood-stock-wealthy-traders-gamestop-hearing-roaring-kitty/4442330001/](https://www.usatoday.com/story/money/2021/02/18/robinhood-stock-wealthy-traders-gamestop-hearing-roaring-kitty/4442330001/)
+
+​
+
+>“The options trading rules are overdue for review,” Ms. Roper said. “There are supposed to be safeguards in place that limit option trading to more sophisticated traders or at least make sure investors understand the risks.”  
+>  
+>Instead, Robinhood and other platforms allowed any investor to buy options with the push of a button.  
+>  
+>“The S.E.C. will need a hypothesis. Mine is that the problem is largely a problem of leverage and that leverage comes about by the trading of options rather than individual shares,” said James Cox, a securities professor at Duke University School of Law. “We may need to really think whether there needs to be a limit on how many options a person can have and is able to execute.”
+
+[https://www.nytimes.com/2021/02/04/business/economy/yellen-gamestop.html](https://www.nytimes.com/2021/02/04/business/economy/yellen-gamestop.html)
+
+​
+
+ Senator Pat Toomey, the ranking minority member on the Senate Banking Committee wrote a letter to SEC chairman Gary Gensler about regulation just the other day advocating against it. 
+
+[https://www.banking.senate.gov/imo/media/doc/toomey\_letter\_to\_gensler\_on\_digital\_engagement\_practices.pdf](https://www.banking.senate.gov/imo/media/doc/toomey_letter_to_gensler_on_digital_engagement_practices.pdf)
+I think we have a long overdue situation to deal with and I respectfully urge the mods (and you guys) to ask the sub if we want to get rid of the Cramer-repost in here, once and for all.
+
+It's the same crap over and over again:
+
+1. Cramer says something stupid
+2. Within seconds, 200 apes have blasted the same screenprint all over NEW
+3. These posts are typically filled with "please stop sharing this fool - ignore him"-replies
+4. Then we have a handful of "Please ignore \[insert tweet\] by Cramer as he's an ass hat"-posts as well and people get all riled up, discussing if we should discuss this
+5. These posts are then typically filled with "well then YOU posted this in the first place - you just spread his crap even more"
+6. Repeat
+
+It's like we're our own version of Facebook algorithm that pushes content that makes people angry.
+
+How about setting up a filter/rule to end this once and for all, like there's already several other words we cannot mention in here? There's sooooo much better we can use the sub for.
+** Resolved 13 days later - customer service came in with a ninja fix, no messages, just pulled me out of limbo and back to enhanced **
+
+I've been an Enhanced Account holder on Bittrex for over a year now and have no issues using their platform. 
+
+
+
+But now after logging in, past 2FA, the site takes me straight to this [page](https://imgur.com/vVv0yeQ). 
+
+>  NO PUBLIC RECORD MATCH
+
+>We could not match your information to our public record providers. To complete the verification process, you must apply for an enhanced account.
+
+So when I click on the green 'Upgrade to Enhanced' button, it takes me to this [page](https://imgur.com/9HJjwvm).
+
+> Your application for an enhanced account has been approved
+>
+Your documents have been verified.
+
+So then when I click on the Summery tab to the left, it takes me to this [page](https://imgur.com/KXBPgwK)
+
+>ACCOUNT TYPE ENHANCED
+
+I don't understand what happened or when this change occurred:
+
+* I've supplied all the necessary documents.
+
+* I live in a state that complies with their TOS.
+
+* I use 2FA. 
+
+
+I opened a support ticket 11 days ago, and hadn't tried withdrawing funds at the time. When I attempted to move some tokens off tonight, I was limited to withdrawing 0.00247BTC equivalent because of an unverified account. 
+
+I hope this post stirs up enough conversation to get some attention from Bittrex, because I am definitely not getting their attention with my support ticket.  Now that my trading stack is locked up on Bittrex with no answer on how I can get it off, they are quickly losing a customer that refers many people to their platform.  
+
+If anyone has insights into getting their attention that would be awesome. 
+
+And for any of you new folks entering the crypto space, take this as a cautionary tale of "If you don't solely hold your private keys, then you don't hold them at all", aka - don't leave money on exchanges. I only had a small part of my trading stack on Bittrex, but it's still money I'd prefer not lose. 
+
+Thanks Bittrex!
+On feb 26th, six big fat chunks were sent to the following address: http://etherscan.io/address/0xa2942dc76c4085295b7a6064a1cfa4d93c18d9bb.
+
+Its evidently linked to poloniex cold wallet http://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88 as the most transactions can be seen moving back and forth across these two addresses.
+
+The sender addresses:
+
+http://etherscan.io/address/0x45e68db94c7d0ab7ac41857a71d67147870f4e71 ----> 400,000 ETH
+http://etherscan.io/address/0x3a72d635aadeee4382349db98a1813a4cfeb3df1  ----> 200,000 ETH
+http://etherscan.io/address/0xff49a775814ec00051a795a875de24592ea400d4  ----> 200,000 ETH
+http://etherscan.io/address/0xe33ff987541dde5cdee0a8a96dcc3f33c3f24cc2    ----> 200,000 ETH
+http://etherscan.io/address/0xd1682c2159018dc3d07f08240a8c606daf65f8e1   ----> 200,000 ETH
+http://etherscan.io/address/0x821d798af19989c3ae5b84a7a7283cd7fda1fabe   ---->   20,000 ETH
+
+Nothing has been touched for 7 months because all of them have been in waiting mode for 211 days. Since all six chunks were transacted almost simultaneously and given that http://etherscan.io/address/0x45e68db94c7d0ab7ac41857a71d67147870f4e71 and http://etherscan.io/address/0xff49a775814ec00051a795a875de24592ea400d4 were linked to http://etherscan.io/address/0x821d798af19989c3ae5b84a7a7283cd7fda1fabe I conclude that all of them belong to one person.
+FTX Implodes
+
+Shining a bright light onto everything everyone has been saying in this subreddit for two years, that there are no (crypto with regard to FTX) assets to back up what everyone thinks they own
+
+And then Ryan Cohen shows up on a small media tour, primarily at GMEDD, but also WSJ, saying it "makes me sick", what's going on.
+
+Then GameStop iOS Wallet immediately drops, which is the antithesis to FTX, and conveniently solves, to the mainstream user, all the problems that led to FTX's failure with regard to crypto asset value security, deFi>CEX 
+
+Then GME iOS Wallet goes to Top 10 Finance Apps in it's first day
+
+Am I getting this correct?
+
+There's been a lot of speculation on 69D chess, but this seems like an incredibly fortuitous timing of events for the GME 🌊
+This is a combination of DD, Discussion, and Opinion.  I've given it the DD flair because I think the topic is important as is the actual DD within it. I'm also reposting this because I think it's important that we address the FUD that we're accidentally spreading ourselves, stuff like asking everyone to email the SEC but then delaying the SEC because they have to read every comment. 
+
+Also, I apologize for no emojis, ape-talk, and confirmation bias.  I think it's important to really focus on the facts here and leave that to other posters!
+
+**There are short summaries at the end of each section if you're lazy.**
+
+I'm sure everyone has seen the posts about [CODE RED](https://www.reddit.com/r/Superstonk/comments/mx887u/code_red_subreddit_weekend_update/?utm_source=share&utm_medium=web2x&context=3) and increasing the karma requirements for posts.  This is a great move towards improving the state of this sub but I don't think it's going to change much.
+
+**Why?**
+
+Because the shills are massively outweighed by our own members who massively duplicate posts, flood the sub with memes and images with no sources, which then get picked up by DD, which then get voted by the thousands, then gets picked up by big names and included in dailies.
+
+I'm going to try to be less aggressive in this post because in previous ones I was a bit of a dick, sorry u/dwellerofthecrags!  Anyway, I'm going to perform some Due Diligence on where misinformation has come from and how it's been spread, not by shills, but by us.  I'm also going to add in some info at the end of each section to keep an eye on when looking at DD.
+
+This is not financial advice.
+
+​
+
+1. Royal Bank of Canada
+2. At the Money Offering
+3. 10K and Proxy Material
+4. Share Recall
+5. AMAs and Celebrities
+6. Bank Closures and Lights on, No Date, Shills are Downvoting me!
+
+​
+
+1. **Royal Bank of Canada**
+
+This was one of the worst an craziest series of misinformation that just flew around this sub.  Starting on Friday posts flew around the sub about RBC's price tanking.  This [post flew to the top and was on the front page](https://www.reddit.com/r/Superstonk/comments/msu486/shitadel_buys_rbc_stock_and_afterhours_drop_60/?utm_source=share&utm_medium=web2x&context=3) on Saturday.  It has 5,300 upvotes and 1,300 comments with the top comment (aside from the Mod's) with 3,200 upvotes.  It's the first post that comes up if you search RBC and the first post to come to the top if you search Royal Bank of Canada is this post which claims it's legit because the prices matched on [Google and NASDAQ](https://www.reddit.com/r/Superstonk/comments/msqfrd/looks_like_the_royal_bank_of_canada_is_one_of_the/?utm_source=share&utm_medium=web2x&context=3).
+
+It wasn't until a day later that c[ounter DD was posted](https://www.reddit.com/r/Superstonk/comments/mt8syk/attention_rbc_citadel_misinformation/?utm_source=share&utm_medium=web2x&context=3).  It's great DD but the insistence on tying things to Citadel is a bit over the top. Buuut it looked at all of the possibilities of what could have happened: filings, offerings, low volume, and even included the counter DD in its edits.
+
+The majorly disappointing thing about this whole FUD ordeal is that on Monday when everything went back to normal as predicted, it wasn't addressed by Mods or the 'big names' who have a platform.  [Even this post that had a tweet directly from RBC](https://www.reddit.com/r/Superstonk/comments/mtiq7b/finally_got_a_reply_from_rbc/?utm_source=share&utm_medium=web2x&context=3) saying it wasn't an issue barely got 100 votes.
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **The RBC situation was nothing more than misinformation.** 
+* [*Look at ALL the filings and understand what they do*](https://www.intelligize.com/wp-content/uploads/2017/09/intelligize_sec_forms_guide.pdf)*.  424B2s are filed often and regularly as updates to the prospectus.* [*You can use EDGAR*](https://www.sec.gov/edgar/searchedgar/companysearch.html) *to to search for filings and* [*this list to help understand what the filings are*](https://help.edgar-online.com/edgar/formtypes.asp)*.*
+* *Look at the volume of trades, if it's low, like 900 shares or a low value it's probably not a huge player. You can often find the volume on your trading app or head to the* [*NASDAQ website to look*](https://www.nasdaq.com/market-activity/stocks/gme)*.*
+* *Don't immediately assume everything is because of Shitadel (although there are ties most places... it's often not them directly doing something).*
+
+​
+
+**2. At the Money Offering**
+
+This FUD is similar to the last one as it's important to know what filings are and how they work.  This one was a combination of mostly shitty reporting and our own oversharing and flooding with posts.
+
+I don't know why but for some reason all of these media outlets always publish the same BS article on shelf offerings.  As much as I wish it was evidence of shittiness from the media being bought by hedgies it's most likely not.  Although, it is entirely possible as one of the examples of BS reporting on offerings was on SPCE or Virgin Galactic which also had surprisingly high short interest.
+
+Back to the point, there was aggressive FUD when the news came out because people didn't understand what the offering was before posting about it.  Or simply posted a screenshot or a link to an article without any helpful information for the smooothed brains among us.  This one was fortunately picked up quickly by the big daily from [Rensole](https://www.reddit.com/r/Superstonk/comments/ml7lp0/synopsis_for_04062021_what_we_need_to_know_before/?utm_source=share&utm_medium=web2x&context=3).
+
+There were tons of duplicate posts flying around about what an offering is, how much money they will bring in, when they'll use the offering, what this means for the squeeze.  Most of these were low quality posts, links, or questions that didn't offer much  more than misinformation.
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **The ATM is a shelf-offering that doesn't have to be used.**
+* *This is pretty similar to the last point.  Check out the filings of the company before posting and understand what they do.*
+* *You can go* [*directly to the GME website*](https://news.gamestop.com/financial-information/sec-filings) *and see their filings or use EDGAR.  You can also sign up for notifications.*
+
+​
+
+**3. 10-K and 14-A Filings, Hidden Messages and Memes, Legal Disclaimers**
+
+Ok, this is a big one.  Ryan Cohen is not trying to send us secret messages encoded in the filings or in Tweets.  That would be an insane risk to himself, GME and everyone involved in this GME situation.  That's literally the definition of market manipulation and fraud even if it's just a Tweet, [Elon Musk was charged with securities fraud for a Tweet](https://www.sec.gov/news/press-release/2018-219). There were tons of posts about 04/15 and 04/20 that ended up confusing the issues of share recall and priming everyone for FUD.  THESE WERE NOT POSTED BY SHILLS.  THESE WERE EVEN POSTED BY MODS.
+
+People got very excited about the new wording in the 10-K about the inclusion of short squeeze and other price related legal wording in their *RISK FACTORS* section.  This wasn't a secret message or a nod to apes, it was a legal requirement.
+
+This is also the case with the 14-A filing recently where several posts have highlighted the urgency to vote being different from last year.  There was a misconception that was picked up quickly and spread that [we need to vote ASAP because this is what will cause the squeeze](https://www.reddit.com/r/Superstonk/comments/mwybt4/voting_is_the_catalyst_rc_cannot_prove_there_is/?utm_source=share&utm_medium=web2x&context=3).  There's no urgency to rush and vote.  Here are all of the 14A filings with the same boilerplate notice (except last year with the Hestia stuff that had extra info).
+
+[In the 2020 Proxy Statement on Page 9 it says](https://sec.report/Document/0001193125-20-120938/):
+
+>**Your vote is especially important this year in light of Hestia and Permit’s proxy contest. Whether or not you plan to attend the annual meeting, we urge you to vote as soon as possible using the enclosed BLUE proxy card. Please see “How do I vote?” below for more information on how to vote.**and again on page 61:**STOCKHOLDERS ARE URGED TO SUBMIT THEIR BLUE PROXY CARDS WITHOUT DELAY. A PROMPT RESPONSE WILL BE GREATLY APPRECIATED**
+
+[In the 2019 Proxy Statement on Page 58 it says](https://sec.report/Document/0001326380-19-000087/):
+
+>**STOCKHOLDERS ARE URGED TO FORWARD THEIR PROXIES WITHOUT DELAY. A PROMPT RESPONSE WILL BE GREATLY APPRECIATED.**
+
+[In the 2018 Proxy Statement on Page 51 it says](https://news.gamestop.com/static-files/327eb10f-7d51-4110-8a60-24b942c5699b):
+
+>**STOCKHOLDERS ARE URGED TO FORWARD THEIR PROXIES WITHOUT DELAY. A PROMPT RESPONSE WILL BE GREATLY APPRECIATED.**
+
+Yes, you should vote as soon as you can but there is over a month of time during which you can vote.  **The entirety of the materials aren't set to be released** [**until the 28th according to their website**](https://www.proxydocs.com/branding/962080/edocs/2021/issuer/). This has led to a wild amount of FUD with claims of phishing and hedgies trying to get your control number to vote. **THIS IS NOT TRUE.** [The phishing incident that is making rounds](https://www.reddit.com/r/Superstonk/comments/mvf20m/heads_up_fidelity_customers_phishing_emails_are/?utm_source=share&utm_medium=web2x&context=3) has nothing to do with GME, nowhere in the image does it mention GME, control numbers, or voting and the poster never mentioned it had anything to do with GME. [It's a known phishing attempt using DocuSign](https://www.docusign.com/blog/docusign-update-recent-phishing-attack#:~:text=Hover%20over%20all%20embedded%20links,bottom%20of%20every%20DocuSign%20email).
+
+However, there are posts like this that are claiming, with absolutely zero evidence, [that someone is out to get your voting rights.](https://www.reddit.com/r/Superstonk/comments/mxhcnq/beware_phishing_scams_are_trying_to_steal_your/?utm_source=share&utm_medium=web2x&context=3)  The most disheartening part of that post is the mod comment that this is a shill tactic.  It's not, it's apes running with something and spreading our own FUD.  That post itself is FUD, no evidence, no sources, no links.  [There are tons of these types of posts floating around](https://www.reddit.com/r/Superstonk/comments/mwzwji/when_you_vote_your_shares_make_sure_you_are_on/?utm_source=share&utm_medium=web2x&context=3).
+
+**IF YOU ASK FOR PROOF AND GET A RESPONSE LIKE THIS THEN THERE IS NO PROOF. THE INTERNET IS NOT PROOF. THIS IS FROM THE PINNED PHISHING POST.** 
+
+​
+
+[If you see responses like this to requests for proof, DOWNVOTE!](https://preview.redd.it/unov8wws3hv61.png?width=1242&format=png&auto=webp&s=321e91ae7d743c6af1bf05919f877f382e9a24cd)
+
+The most important part about this is that you might actually miss out on your voting material because you ignored an email that you thought was a phishing attempt.  [Here is a good guide using MVIS as an example with information on how certain brokers send the materials](https://www.reddit.com/r/MVIS/comments/iip2re/proxy_vote_guide_here_is_why_to_vote_for_and_how/?utm_source=share&utm_medium=web2x&context=3).  It is important to do this research yourself and find out what firm is supply your brokers with proxy information.  [Robinhood uses Mediant](https://robinhood.com/us/en/support/articles/shareholder-meetings-and-elections/), others use [Compushare, Broadridge, or D.F. King](https://www.fidelity.com/mutual-funds/information/proxy-voting-faq).
+
+There is a big difference from providing information to people about the possibility of phishing and the importance of voting but **SCREAMING ABOUT SHILLS STEALING YOUR VOTE ONLY PRODUCES FUD.**
+
+You need to be patient as there is probably an insane volume of people asking for their proxy materials which was not expected. [Last year only 66% of shares voted](https://news.gamestop.com/static-files/349495b7-542f-4501-921c-320746dabbba).
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **There's no evidence of phishing attempts directed towards the proxy.**
+* **There are no hidden messages in Tweets or filings.** 
+* *Look for the source and compare the proper sections.*
+* *When you post DD with* ***long*** *documents include the page number, section, etc.*
+* *If you do not see these things, ask for them.  If they're not provided, DON'T UPVOTE!*
+* *There are tons of Phishing posts from real people who are concerned but downvote posts that spread fear.*
+* *These aren't shill tactics, it's us reposting and upvoting bad info or clickbait titles!*
+
+​
+
+**4. Share Recall**
+
+This one is the most frustrating of all because directly contradictory information was posted by the biggest daily poster in the sub.  I respect Rensole and understand how difficult it is to put this stuff together [but in his own post he says](https://www.reddit.com/r/Superstonk/comments/mwrt08/synopsis_for_04232021_what_we_need_to_know_before/):
+
+>Think critically about everything, this includes your own opinion, be open to the idea of being wrong with something, this leaves room to learn and change what you believe.
+
+**THIS INCLUDES THE PEOPLE THIS SUB HAS COME TO IDOLIZE AS WELL AS THE MODS**.  The mods are human just like we are and they make mistakes.  The important thing is to not ignore those mistakes because of their status.  This whole debacle started with constant flooding of memes and low quality duplicate posts that were never removed.  As I mentioned before even mods shared some of these.  In some cases it was off Reddit but when you're a mod of a community that is under the microscope it's not great to be spam sharing news and memes without checking the validity of what you're sharing.
+
+Back to the point.  There has still yet to be any evidence or sources provided to support any theories on a mass share recall still happening.
+
+There have, however, been a slew of posts about how share recalls work:
+
+* [Share Recall, Share Audit, The Misreport in the Morning News](https://www.reddit.com/r/Superstonk/comments/mwsxox/share_recall_share_audit_the_misreport_in_the/)
+* [Clarification on GameStop RECORD DATE - Shares Recalled or Not?](https://www.reddit.com/r/Superstonk/comments/mwj1ko/clarification_on_gamestop_record_date_shares/)
+* [Comment on Recall](https://www.reddit.com/r/Superstonk/comments/mra4xq/superstonk_discussion_april_15_2021/gunvaq9?utm_source=share&utm_medium=web2x&context=3)
+* [My own DD on terms, dates of record, and my own theory on the possibility of overvoting.](https://www.reddit.com/r/Superstonk/comments/mws33j/voting_rights_date_of_record_failure_to_deliver/?utm_source=share&utm_medium=web2x&context=3)
+
+The share recall issue has still not been settled and other apes are still posting about the possibility of a share recall, when will the recall be, RECALL=MOASS, and other similar posts.
+
+These are what create FUD, particularly the RECALL=MOASS type posts as well as the flooding of memes and low-effort posts.  These are not shills doing this, these are our friendly apes getting hyped and being hyped again by important members of this community.
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **There are different types of recall, a vote recall has passed.**
+* *The mods are human and make mistakes*
+* ***Always look for a source.  If there is not a source it is likely not true.***
+* *Downvote if sources are not included.*
+* *Look at all the filings, learn the terms, research how they work.*
+
+​
+
+**5. AMAs and Celebrities**
+
+I've touched on this a bit through all of the previous sections but this sub has come to idolize certain individuals.  Everyone is human, everyone makes mistakes, don't dismiss a mistake or misinformation because of someone's status.
+
+People have been wildly disappointed by previous AMAs because they've turned the individuals into messiahs or prophets and then are disappointed when these people don't confirm our biases.  They all have their own opinions and most importantly they have to ***legally*** watch what they say.  This is why Cohen isn't communicating secretly through Tweets or Gamestop Deal of The Days. They're under the microscope.  If you think shills are trying to get your proxy vote do you not think they're trying not smart enough to try to call market manipulation on the smallest thing?
+
+We've also turned people like DFV and Ryan Cohen and certain members of this community into celebrities who can do no wrong.  I've pointed out a few cases above but I do not want to call anyone out specifically by name.  Yes, I realize that they work hard for us and it can be stressful but this issue is on ***us***, not them.  ***We*** need to stop turning people into infallible sources of information and question what they post if it does not have sources, evidence, etc.
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **Don't expect confirmation bias in AMAs**
+* *Everyone is human and makes mistakes.*
+* ***Always look for a source.  If there is not a source it is likely not true.***
+* *Downvote if sources are not included.*
+* *If something is lacking sources or is bad question it! Regardless of that person's status!*
+
+​
+
+**6. Bank Closures and Lights on, No Date, Shills are Downvoting me!**
+
+This is mostly an opinion section.
+
+**Banks**
+
+This is just dumb stuff that causes problems and creates FUD.  The bank closures and pictures of banks with lights on was just insane speculation and honestly a little creepy.  This is the stuff that is the most detrimental to GME and the community because it paints the members as wacky conspiracy theorists.  It's also weird.  Normal people work there and have lives that are probably miserable and don't need some weird dude in a gorilla mask harassing them.  I'm not defending hedgies but damn, let people be.
+
+It's also not great because this type of stuff makes it into DD and highly upvoted posts as evidence that *something* is going on.  Not everything is directly related to GME and the lights on in a bank over the weekend does not mean that someone's shitty DD is correct.
+
+**No Dates**
+
+This one is just wacky to me and I am not supporting hedgies, saying they're smarter than us, or saying we're dumb.  But they are on the inside and we are on the outside.  They have people who worked for the DTC, NSCC, FINRA, SEC, etc.  They have people who have been doing this for decades.  Do you not think they know the dates?  They know every date and what's going to happen on that date.  They hold all the cards and we can't see them until the date has passed.
+
+The problem with dates is that ***we*** massively hype up dates with memes (04/20 for example) and then when that date comes, everyone is sad.  That is FUD and that is done by us shooting ourselves in the foot with hype. People who scream NO DATES THEY'RE USING THEM AGAINST US are creating FUD.  Just stop meming and hyping dates with minimal information.
+
+**Shills are downvoting me!**
+
+No they aren't.  You can see the ratio of up and down votes.  Just saying "I'm prepared for this to get downvoted by shills" is nonsense.  I'm sure there are some shills who are downvoting things but when the majority of posts are 90% upvoted then I suspect that there aren't that many active shills around.
+
+**Suicide Reporting**
+
+After my post about share recalls and voting I got a message that someone reported me for being suicidal.  The same goes for one of the other authors of the posts above about share recalls.
+
+Why would a shill report us for trying to clarify information on share recalls that goes against major theories and current hype?
+
+**SOME TAKEAWAYS AND TIPS:**
+
+* **Flooded meme posts are used as evidence for DD.**
+* *Stop posting weird creepy shit about banks.*
+* *Chill with the No Dates thing, they already know the dates.*
+* *There are likely not as many shills as we think but we conjure them up.*
+
+​
+
+**CONCLUSION**
+
+I made this post because there's constant FUD produced by ourselves and then we go running for the hills screaming shill.  We need to be better at writing DD and holding DD writers to a higher standard.  We also need to hold everyone to a higher standard because it's not just DD posts that make it to the top. It's also discussion posts and memes that can push ideas in certain directions.
+
+I also made this post because in recent discussions with friends about GME, they have all told me that it's insane and probably a cult.  They didn't care about the good DD, they only cared about the bad shit that is posted.  If the strategy is to **BUY** and hold then only have the strategy is really working as many people outside this sub won't give a shit because of insane theories.
+
+All we're doing is giving the actual shills and hedgies ammo to use against us.  It doesn't take much for  hediges to grab something and publish it to discredit the entire community. Soo I'm asking people to please be more diligent with the sub.  Question posts without sources, if there are sources demand page numbers, if there are no sources then downvote! This goes for DD, Discussion, News, etc. Push bad DD back down.
+
+I'm also asking mods to enforce their duplicate post rules more aggressively or just create megathreads.  Just today the mod is chock full of weird ass FUD posts that are low effort and
+
+​
+
+**TL;DR**
+
+* Expect more of DD and posts and hold them to a higher standard regardless of who they are.
+* Downvote posts with no sources.
+* Read the filings and learn what things mean!
+* Think about where theories come from.
+* Even good intentioned posts can have misinformation. Call it out!
+* **BUY AND HOLD (I don't know how to do emojis so imagine some rocket ships here).**
+
+EDIT:
+
+Just to add in an even more recent example of exactly what I’m pointing out in this post. The [new Daily Post](https://www.reddit.com/r/Superstonk/comments/myuecm/superstonk_daily_04262021/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) just included an entire section on the idea that GME is urging people to vote this year. THIS IS FALSE. 
+
+Again, it’s false information getting picked up and spread around. 
+
+The wording is exactly the same as the last few years regarding urging shareholders to vote as soon as possible. I’ve provided the links and page numbers in this post!
+I'm keeping this as short as possible, with as much information as possible. I might go over some points, but this is what I consider most important. Let's go.
+
+​
+
+***Some of the facts:***
+
+\- We're at the start of a new console cycle, which historically has always lead to a massive spike in share price. Even with the price surge in the last few months, we're still less than 1/6th of what GME was priced at last console cycle. And it's only just begun.
+
+\- 250% of outstanding share float is shorted [(as of Dec. 14)](https://www.reddit.com/r/wallstreetbets/comments/kkjidv/short_of_float_update_gme_the_short_squeeze_is/) This means that there are more short positions than actually shares outstanding, which would create a problem for the shorters, should there be a catalyst that moves the price upwards, [creating a short squeeze.](https://www.investopedia.com/terms/s/shortsqueeze.asp)
+
+\- Ryan Cohen, a 35 year old successful businessman, Billionaire, who self-admittedly only invests in companies he believes buys  a 9,98% stake in GameStop and has since increased it to 12,9%.
+
+\- Ryan Cohen sends the BoD [a letter](https://www.sec.gov/Archives/edgar/data/1326380/000101359420000821/rc13da3-111620.pdf) where he tells them all how unhappy he is with how things are going and that they should get their shit together. This is done BEFORE he increases his stake to 12,9%
+
+\- GameStop has its Q3 earnings which aren't great, but not as bad as projected, their online sales are up over 250% YTY and they have an additional $300 million in their cash reserve ($600 million for a company who's market cap currently is just over $1 Billion). [Link to Q3 Transcript](https://www.fool.com/earnings/call-transcripts/2020/12/09/gamestop-gme-q3-2020-earnings-call-transcript/)
+
+\- We learn that they're closing 1000 stores which are hurting their profit by Q1 of 2021 and are doing some rebranding work. [Stores Shutdown](https://bestlifeonline.com/gamestop-closing/) and [Rebranding](https://www.reddit.com/r/wallstreetbets/comments/k66w5h/gme_rebranding_in_progress_theyve_just_changed/)
+
+\- RC Ventures files another 13D on December 22 where he discloses how he increased his stake above 10% to 12,9% with another message for the board ***"While the reporting persons desire to come to an amicable resolution with the issuer, the reporting persons will not hesitate to take any actions that they believe are necessary to protect the best interests of all stockholders."*** [Link to 13D](https://fintel.io/doc/sec/1822844/000119380520001571/e620151_sc13da-gamestop.htm)
+
+\- Investing research group Hedgeye pitches long-term potential for [GME with price target of "$50+".](https://www.reddit.com/r/wallstreetbets/comments/kiv44e/gme_target_50/)
+
+​
+
+Now most of you should get a good idea why GME is a good bet short-term if you've read the above DD and do some logical thinking. There is also an argument to be made about the future potential it has, if Cohen does indeed turn the ship around and polish this into something magnificent. 
+
+But you need some vision to see that, and I'm not trying to push you retards too much out of your comfort zone. 
+
+For further reading, here are some of my favorite posts by my fellow GME shareholders:
+
+\- [GME Tribe: A Story About How Ryan Cohen is About to Kick Down Sherman's Door and Drink His Milkshake](https://www.reddit.com/r/wallstreetbets/comments/kakxrm/gme_tribe_a_story_about_how_ryan_cohen_is_about/)
+
+\- [GME 4Q20 Model](https://www.reddit.com/r/wallstreetbets/comments/kh9na8/gme_4q20_financial_model/)
+
+\- [GME Q3 Thoughts on the clash between Cohen and Sherman](https://www.reddit.com/r/wallstreetbets/comments/k9apx5/gme_q3_call_thoughts_on_the_clash_between_cohen/)
+
+\- [GME ICR Conference](https://www.reddit.com/r/wallstreetbets/comments/kknuk6/gme_icr_conference_words_matter/)
+
+\- [Short Interest Update on GME + Commentary](https://www.reddit.com/r/wallstreetbets/comments/ka3gey/short_interest_update_on_gme_for_113020_with/)
+EDIT- The SEC is asking for comments so this isn't brigading. This is mine. Give them yours. This isn't a call to copy and paste like some seem to have taken it.
+
+How/Where: [https://www.reddit.com/r/Superstonk/comments/xypz9m/dont\_let\_citadel\_get\_away\_with\_this\_take\_5/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/xypz9m/dont_let_citadel_get_away_with_this_take_5/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+Per the SEC's own filings, we can see a history of token punishments that don't even require the admission of guilt for firms engaging in naked shorting American companies with LITERALLY trillions -WITH A T- of fraudulent, imaginary, pulled out of thin air fake shares.
+
+​
+
+The SEC is aware of the abusive practices of insane leverage, emptying pension funds to pay off bad bets, near infinite rehypothecation, the DTCC's inability to track shares, entities like CBOE manipulating VIX for years, high frequency trading done by computers that's banned in the rest of the world, payment for order flow, bankrupting American companies on behalf of special VERY monied interests, illegally marking short sales long, burying short positions in swaps, illegally selling items they don't own and Failing To Deliver.
+
+​
+
+The list of crimes the SEC is aware and takes no meaningful action to stop is a list that is decades long. The SEC spent a decade ignoring complaints against Bernie Madoff and it wasn't until he turned himself in for fear of his life that the SEC took action. What is the source of this inaction? Staff lying to IA/IG investigators. Corruption of appointed officials, and being too busy watching porn to actually protect American businesses and working families being wiped out and abused.
+
+​
+
+Main Street is being wiped out by Wall Street and the SEC \*LITERALLY\* was caught with their pecker in their hand.
+
+​
+
+We've watched the RRP climb from under $400 million to over 2 trillion as the banks that own the Fed are first in line for nightly payouts and then hear the Fed blame inflation on workers being paid too much in a timespan where M2 tripled form $7t to 21T and the minimum wage stayed $7.25 (2008-2022).
+
+​
+
+Our grand parents had a higher standard of living on a single income than today's youth working 2 or more jobs without benefits where nowhere in the country can afford a two bedroom on minimum wage while corporations post record profits.
+
+​
+
+THE GRIFT MUST END. Either the people will die broken or die fighting, but either way they die because of the SEC's REFUSAL to actually take a meaningful stance against the abusive practices of the banks and Wall Street.
+
+​
+
+If retail makes a bad investment and gets margin called, they can be wiped out in days. Their investments are tracked every second of the day and we can't turn off the buy button or ignore margin calls when things don't go our way. That institutions can are left to the honor system in reporting short positions every 15 days and swap info hasn't been posted for 2 years is insane and literally crime against every participant in the market.
+
+​
+
+Pensions shouldn't be the backstops of Wall Street's bad bets. Their short positions should be constantly tracked by objective parties and not self reported. "Creating liquidity" means selling shares that don't exist to sell under the lowest REAL Ask. This is the opposite of a free market as market makers are just undercutting the price of real shares to control and dictate price. Internalizing orders isn't a free market. Brokers offering IOUs instead of real shares isn't a free market. The DTCC holding all of the shares in one infinitely rehypothecated bucket that shafts retail "street name" holders of their rights is not a free market. The barriers the DTCC puts preventing corporations from pulling out their shares because they're tired of the corruption and mismanagement is not a free market.
+
+​
+
+The only thing free about this market is the reign criminal enterprise has over it with the SEC's blessing as long as they get their pennies on the dollar.
+
+​
+
+If tracking and reporting swaps, short holdings, and other derivatives is too much of a burden for SROs (and I use regulating loosely), the DTC/C, the OCC, hedge funds, or brokers is too laborious than they obviously CANNOT and SHOULD NOT be trusted with trillions upon trillions of dollars.
+
+​
+
+IF THEIR REASON TO AVOID ACCOUNTABILITY AND TRANSPARENCY IS THAT IT IS HARD THEY ARE OBVIOUSLY NOT QUALIFIED TO BE MANAGING FUNDS ESSENTIAL TO THE STABILITY AND IMAGE OF THE UNITED STATES!
+
+​
+
+If I end up commenting twice, it's simply because the SEC reported the deleted thousands of comments on dozens of proposed regulations, so this one size fits all message is intended to make it painfully obvious that I and the thousands upon thousands of people I have conversed and lamented with find the lack of meaningful enforcement of laws against prolific repeat offenders absolutely enraging and embarrassing.
+
+​
+
+STOP IGNORING YOUR DUTY AND PUNISH THE FIRMS TAKING BILLIONS FROM STRUGGLING FAMILIES EVERY YEAR.
+The "real" price should have been loking like this for a while now. I am refering to posts like this, that gained quite a bit of traction:   
+
+https://old.reddit.com/r/Superstonk/comments/mpzk59/iex_is_a_threat_to_citadel_tits_jacked/
+
+And quite soon after that the exchange went down twice:  
+
+https://old.reddit.com/r/Superstonk/comments/mq60r8/iex_exchange_down_twice_today_in_the_space_of_30/  
+
+The real market has been wanting this price to go up for a long time. Now it can.
+
+In fact, even without squeeze, the price **should** rise more than this today because apes keep buying, but a lot of their buys still get through dark pools. This isn't even a complete removal of their dark pool manipulation bullshit.   
+
+In my opinion, this is just a taste made by some that managed to change exchanges, in combination with the good news of Gamestop paying their debt in full. Which is weird, because all the good news lately have been met with price decreasing. ;). My tits are completely jacked. 🚀🚀🚀🚀
+
+Diamond fucking hands. 💎🙌
+If you believe in the DD and that GME is over 100% shorted and that a market crash is coming soon, then there is quite literally one outcome here….
+
+Funds that are stuck in short positions will not sell off their long positions in other securities because it will result in them being margin called if they don’t have sufficient collateral. 
+
+HOWEVER
+
+Funds that are NOT short GME will have no qualms about being the first out of these long positions when things start sliding hard. Understand that we are not waiting for a specific catalyst, a specific rule, or a specific date to trigger this. Simply when the funds that are not short GME decide to take their profits on their long positions because they see the writing on the wall, shorts will be sucked into the black hole and GME will moon. 
+
+Put your phone down, drink some water, go for a walk. The price is irrelevant and we ourselves cannot force their hand. But just know, they will fold and GME will print regardless of FTD cycles or rules being implemented. 
+
+Now be patient and enjoy the ride 🚀
+So I decided to see how much I could earn if i participated in every free airdrop on coinmarketcap. From *TacoCat Token* to *Wagyuswap,* even *Safermoon*... Not to mention all the dog-related shitcoins:
+
+* DogeCola
+* Golden Doge
+* Baby Doge Billionaire
+* DogeMoon
+* ...
+
+**So what you want to know:** 50 airdrops got me a total of: $0,000
+
+My twitter is now infected with r/CryptoMoonShots spam and emojis, my Telegram feels like craigslist and i'm too afraid to open Discord to be honest.
+
+**I tried this so you don't have to.** The chances of getting something are not worth the time and effort and **contamination** of your social media. **We are the product**.
+
+Stay safe and have a green dildo day!
+Most of us did retail or fast food for first job. I was wondering what many would consider a good first job. Better than below minimum wage and not as exploitative.
+
+I was thinking doing a barista course and working in a wanky Cafe. But I have no experience with that at all.
+Hi all,
+
+I wanted to share some of my findings over the past few days following some in depth research on some of the top Super funds.
+
+As a bit of a background, I am somewhat on the learning curve when it comes to finance and looking at ways to grow my portfolio without needing to invest more money in the short term. My current super fund is ING Living Super - Balanced.
+
+The information you find on the likes of Canstar and RateCity was poor in my eyes, there was no specific information to tell me what I would exactly be gaining should I move fund. This brought me onto creating a spreadsheet for me to compare my specific Super balance with every top performer. It was a laborious task of navigating through various parts of their website and I believe I must have spent about 8 hours in total which is quite frankly infuriating. The information on the spreadsheet which you can see below is directly from the funds website, various PDS' and investment performance documentation.
+
+https://preview.redd.it/02zntsww0g551.png?width=2726&format=png&auto=webp&s=2ecced1278d15fe7e8a0b27b34f9706f7cf3d17b
+
+They do make it hard for you to know how the fund operates and how the fees are calculated and charged. Then we come to insurance and it seems like I have been massively overpaying for TPD and DC over the past couple of years with ING which I had no idea about.
+
+I am close to making a decision and what this task has enabled me to understand is that my current Super fund is not performing well and is charging me higher fees than other better performing funds. The indexed option across the board looks promising although given I'm in my early 30's, I will be moving to a High-Growth/Aggressive account with either QSuper or AustralianSuper. This is based on their lower fees, coverage and price of insurance and performance over the years.
+
+As an end note, if anyone has the specific performance of AustralianSuper handy, I'd be grateful. Their latest investment performance documentation online is out of date and I'd really like to update the following information in my spreadsheet:
+
+https://preview.redd.it/ja607y2m1g551.png?width=1364&format=png&auto=webp&s=afcd3380be8bd7f4d6e574b6001a47c25b86c983
+
+​
+I’m in CA and I know laws are different in every state but was there something that was missed that you realized was important after it was too late? I also heard that prenups can easily get thrown out by a judge if they feel like the terms weren’t fair for your partner. Also, prenups from what I read only cover your assets prior to marriage. Is that true? What about if you inherit your trust after marriage? What happens then? Any words of wisdom would be greatly appreciated. I know it’s best to talk to an attorney and I will but I also want to hear first hand from people here.
+
+I love my partner and I am in no way expecting to end in divorce. He is the kindest sweetest person but I just have bad anxiety/paranoia so I always think and prepare for worst case scenarios.
+
+Edit: PSA I’m a woman so stop with the sexist comments cause I’ll call you out.
+Curious if anyone has dealt with a similar situation:
+
+I want my partner to feel like she has input/control of where she lives. I'm currently looking for homes to purchase and since the market is competitive a cash offer is the way to go.  I have the cash to purchase a home in the city we live (700-900k).  We're not married yet so all the risk will be on me.  She only focuses on the home's location and style while I'm ALSO concerned about upkeep costs and resale.
+
+I recently passed on a house she loved in a perfect location since it was built in 1929 and hadn't been kept up consistently over the years.  Think multiple half-assed renovations...just a nightmare.  She's upset since she feels like she has no control over where she will likely live for 3-5 years.
+
+I should mention she left her consulting job to do her own thing.  She has zero income right now. (she's very talented so her income will come back)
+
+Edit: She wouldn't be on the deed.
+
+Edit: This has received more attention than expected.  Many shared opinions including some who told me I suck and she should leave me. :( Anyways, I sat down with her last night and really got to the bottom of it...home buying can be very exciting and emotional.  When we stared the hunt I had asked her to be fully involved as if we were buying a house together even though I'm the sole buyer.  That's where my good intentions went south.  Since she's starting a business her time and energy is most valuable.  She was wasting time looking at homes online only to have them rejected.  In light of this, we decided the best path forward is for her to write down her needs and I'll continue the hunt myself.  I'll of course look for homes that fit both of our needs.
+
+Also, I've gotten a few comments insisting I wait till we're married to pick a home together.  We're thinking 3-4 years until we get married due to our life goals.  We're absolutely on the same page, don't want to wait 3-4 years before we can get out of a condo.
+Just wanted to throw this out there because all too often I see people planning as if things will never change. Posts like "If I do this very same thing for 10 more years, in the same company, at the same location and nothing changes in my personal life". 
+
+Then of course there are the people who always assume that the stock market is never going to change and can only go up from here!.. despite it being on a hell of a run the last few years. 
+
+Don't get me wrong, I don't think it's bad to plan as if things will never change, but be sometimes I worry that people are building their entire lives around that fact. In actuality, my experiences have been anything but that. 
+
+As an example, almost every single year of the past 5 has brought about significant life changes. Job changes, marriages, moving, mortgages, debts(new and old), medical costs, birth and death. The works. I could just be a very abnormal example but I get the impression I'm not. 
+
+I'm curious how many people have similar(or different!) experiences and how this affects or plays into your planning? A lot of these things are difficult to plan for as life often finds a way of just happening and people are left to roll with the punches. 
+
+Again, I don't mean this as a negative or to say planning is useless, on the contrary I'm curious how(if?) people factor any of these changes into their planning and as a warning for the younger crowd who landed a cushy gig right out of college the last couple of years and is already planning as if things will never change. I see it a lot here, and in my experience it is simply not true. 
+I have some debt I can payoff, whose interest rate is 4.2 percent. I can afford all my bills with room to spare, maxing my 401k and Roth, and have a 6 months emergency fund. I would like to avoid having cash during inflationary periods (other than emergency fund) and have two options here: payoff the debt or buy something I've been planning and wanting for a while (this option would also accrue some manageable debt). Normally I wouldn't question this at all, I'd pay the debt off, but with talk of how inflation causes debt to be cheaper, I'm not sure.  
+What should I do?  
+Edit: neglected to mention and it keeps getting asked, yes my salary increased above the rate of inflation.
+Those with renewals coming early this year what is your plan? 
+
+I have been offered 2.49% 5 year fixed, or 1.1% 5 year variable; I thought for sure I’d go fix with interest rates rising around the corner, but 1.1 is low and a big spread that is making me change my mind. Thoughts?
+Would love to hear any thoughts/advice on this TFSA portfolio with 75k room!
+
+15k XAW (has US s&p 500 exposure + international)
+
+15k XGRO (has US & Canada total market +INtL plus bonds)
+
+5k TEC.to (US and some Canada Tech)
+
+5k ZUH.to (US healthcare I think will increase, hedged didn’t seem bad given a low CAD currently which may increase over next few decades maybe.)
+
+5k XIC.to (Large Canadian companies = big banks and big energy)
+
+7.5k VRE.to (May go down further, but this gives 300 shares thus every month dividend will scoop an extra share)
+
+5k AC (I’m a believer this will come back..)
+
+6k ENB (double energy exposure sort of since XIC has this, but solid company long term hold)
+
+5k AQN (renewable future hold)
+
+4K EIF (long term airline manufacturing dividend)
+
+2.5k MFC (life insurance from a large diversified company, I think may have least upside but big banks are already in XIC)
+
+Goal is to keep a nice base and move money from ETFs to quality stocks every year or so for the next few decades. Will contribute to bonds and more dividend stocks in two decades. No RRSP for now but will add US dividend stocks like RDS in the next 1-2 decades and gradually keep TFSA for Canadian stocks.
+
+Cheers!
+​
+
+https://preview.redd.it/0t4ygwqh7yn41.png?width=1852&format=png&auto=webp&s=1e40b90c0208e275c82152a28c9e7ceafaba146f
+
+Hello,
+
+I started investing recently and because stocks were cheap I decided to load up. Did I load up too early? I bought stocks which i thought would do decent in the long run or at least I would gain money on. Please tell me what you think.
+
+​
+
+Thank you for your comments everyone I appreciate it.  It is a mixed reaction if I bought at the bottom but we all don't have a crystal ball. I do think with in 5 years I will have made money. I might not make as much as I would have liked but I will at least beat the savings account it was in previously. 
+Hello everyone, 
+
+If I have a line of credit at 3.4%, does it make sense for me to invest that line of credit into Scotiabank stock which currently has a dividend yield of 5.4-5.5%. Would this completely swallow the interest and then give me “free” cash flow of 2% of my invested value every year? Am I missing something?
+My TFSA limit is around 60k. I was thinking of putting it all in VGRO. I know we shouldnt put our eggs all in one basket, but since ETFs are made of multiple stocks I thought it could be fine. 
+
+Or would it be wiser to split between VGRO + other dividend stocks like banks/enb?
+https://www.currentmarketvaluation.com/models/buffett-indicator.php
+
+Total market cap : over $50 trillion
+
+Gdp estimate : $21.8 trillion 
+
+That’s crazy. How is there is so much money in just the us stock market ? It went from $25 tril to $50 tril in just 6 years or so
+EDIT: I just wanted to say a quick thank you for all the support, I am super happy I found this sub and hope we can all continue to help and inspire each other.
+
+Well hello everyone, 30 year old man here who just decided to wake up at noon to celebrate my first day of semi retirement.
+
+My path was a simple one, honestly most people can achieve it....and I wonder why more in my situation don't.
+
+My journey started out at 18, fresh out of high school and into the Air Force. I became an Airborne Farsi linguist, which made it so I receives bonuses and extra monthly pay.
+
+I spent my first few years investing in stocks (I would've been retired years ago if I was thinking long term and stuck with some of the good stocks I had). Once I got to my first duty station I bought a 50k 4 bed 2 bath foreclosure with a total monthly payment under $500. I had a roommate for 3 years paying $500 a month and when I changed based I sold the house for 70k.
+
+At this point I am 25 years old, and have over 200k saved up as a military member...not amazing, but definitely not what you would expect from an enlisted guy. This is the time I realized I can finally live out my dream of buying multifamily properties. Over the next 2 years I bought a 4 plex and 3 duplexes, bringing in a gross revenue of 85k a year. My net is around 37k a year.
+
+At 28 I bought a single family home for my wife and I, with enough space to fit 6 cars. I then started renting out those cars on turo, making between 1-4k a month depending on the season. Takes very little time to manage the fleet, but it is kind of like being on call 24 hours a day...so that is a downside.
+
+Which brings me to today. 30 years old and 12 years in the military. A couple years back I switched jobs to be a paralegal and I haven't enjoyed it, so instead of making it to 20 years and retiring....I decided to separate. Due to some deployment injuries, I am looking at 50% disability which has education and business benefits, and I will be paid around $950 a month.
+
+Sorry for the long post, I just kind of felt like spelling out my story. If you read this far you may have noticed I never posted about my wife's income. Maybe I am strange or dumb, but we dont have joint accounts and I've never made her pay for anything. She makes 40k a year and I know she has some money invested, not sure what her bank account looks like...but she is frugal and smart, so I'm not worried.
+
+I posted some numbers up top, but here is roughly what I am looking at. The real estate net will go up as I pay off more properties but let's go with 37k + 11.5k (disability) + 20k (turo...but subject to change) and college will add an additional 15k for 4 years. 
+
+For being an uneducated guy who grew up with 2 brothers in a single parent household in the poorest of towns...I am pretty proud of myself. I also love teaching young military members this path to success, at least the real estate route.
+
+TL;DR: frugal military member becomes a slumlord and knock off car rental company.
+Reposting [this](http://www.reddit.com/r/Bitcoin/comments/1cnroc/my_wallet_just_got_hacked/) because I think this needs to be addressed as an exploit.
+
+Last night around 9PM PDT, I clicked a link to go to CoinChat[.]freetzi[.]com - and I was prompted to run java. I did (thinking this was a legitimate chatoom), and nothing happened. I closed the window and thought nothing of it.
+
+I opened my bitcoin-qt wallet approx 14 minutes later, and saw a transaction that I did NOT approve go to wallet 1Es3QVvKN1qA2p6me7jLCVMZpQXVXWPNTC for almost my entire wallet (2.07 BTC). 
+
+I had something like 2.07225 BTC.
+
+This is an exploit that was able to steal BTC from an encrypted wallet without having my password - how is this possible? I thought for the most part that bitcoin-qt was safe against these types of attacks as long as the wallet is encrypted.
+
+This legitimately happened to me and I think this exploit needs to be given some attention, please do not downvote as I want to figure out why this exploit was able to access my encrypted wallet without having my password.
+
+So, /r/bitcoin - what happened here?
+
+More info: Browser - Chrome
+OS - Windows
+Wallet Version - 0.8.0beta
+
+
+EDIT: Similar exploits out there -
+
+http://www.reddit.com/r/Bitcoin/comments/1cai1m/warning_someone_keeps_posting_a_link_to_an/
+
+http://www.reddit.com/r/Bitcoin/comments/1bvl4n/beware_when_clicking_any_link_from_chatboxesirc/
+
+http://www.reddit.com/r/Bitcoin/comments/1c9meh/btcecom_safety_checklist_for_noobs/
+
+thanks /u/kushmere
+
+EDIT2: 
+
+Thanks for all the replies in this thread, I guess what happened was a keylogger - but I'm still unsure as to how my password was
+accquired.
+
+I have another wallet **on another machine** that works if anyone wants to help me get started back up. 
+
+1LHXtq7Kf9VcufS4XZAdbod2nHhSMed8XM
+
+Thanks for all the help /r/bitcoin. I am still optimistic about bitcoin and I guess I will take my losses (most of it is my dad's) and try again.
+
+
+
+EDIT3:
+
+Bitcointalk thread: https://bitcointalk.org/index.php?topic=180746.0
+
+EDIT 4:
+
+Status: 117 confirmations
+Date: 4/18/2013 21:07
+To: 1Es3QVvKN1qA2p6me7jLCVMZpQXVXWPNTC
+Debit: -2.07 BTC
+Transaction fee: -0.0005 BTC
+Net amount: -2.0705 BTC
+Transaction ID: 584e02e6826d4b5865833fd35b7a05f7e1eecf4cfa3ff57b6facba5a309d5880
+
+
+So, finally back home. The exploit was ran at 8:44 PST, the transaction happened at 9:07 PST, when I opened my wallet. 
+
+
+
+
+I’ve never posted on Reddit before and this is deeply personal, but I am overwhelmed and any advice would be greatly appreciated. 
+
+My parents are a financial mess. I’ve been on my own and fully independent off of them since I was 18 ( thanks dad) . It’s not been easy, and I have some debt but I’m 25 and much better financially then either of them. However I am growing more and more concerned. My mother works at a nursing home as a dining manager and my father worked in a factory. My entire life my dad controlled the finances. However, my father herniated his disk, had surgery, was declared unable to work and was told and given the paperwork to file for disability. ( estimated 3 years ago) My father is not an easy man to deal with, (very dictating) and he also has aspergers. I recently got it out of my mother that he never filed for disability, has not filed their taxes in years, and let their insurance run out. They’ve been living off my moms paychecks!! My mother is a saint, she is his sole provider in every form. He can’t drive, she retrieves everything he needs/asks for, she makes all his meals and does all his laundry.  She works 40 hours a week on top of all this. She has never handled their finances before because my father will not allow it. ( she is awful with money ) While I am so angry with my father for allowing this to happen and at his behavior, I know working was his life and he lost part of his identity when he lost his ability to work. If I do not step in, I know nothing will change and they will continue down this road. I really don’t know WHERE to even start with this mess.  ( they live in RI if this helps)
+I would ideally not like to wait 3 months for payslips to satisfy this, what are the chances a mortgage company would accept my first payslip at the end of this month plus a letter from my employer confirming that the payrise is permanent please?
+Hello FatFIRE,
+
+I was curious what others were spending relative to their earning during their accumulation phase?
+
+I make $700,000 a year (gross) while spending $240,000 a year not including taxes (VHCOL - Bay Area). I save about $200,000 a year. 
+
+Curious what are your spending, income and savings numbers?
+
+Edit: For those of you asking what do I do for a living, I am in upper management in a mid size tech company (not FAANG).
+Dear r/fatFIRE,
+
+Thank you for your posts and insights - I really enjoy the stories and learnings from this group!
+
+I am in my early 40s, happily married with kids, $6M net worth.
+
+I have been in a CEO role for a privately owned medium sized business (retaining a minority shareholding position) for a number of years and have come to a point where it is time for a change as I no longer feel challenged or fulfilled in my current role.
+
+If anyone has been in this position (contemplating transition, change, options) what sort of process did you work through to determine next steps? Primary options I am currently considering are finding another CEO role, purchasing a business or starting a business. I think whatever I end up doing, I would need to have at least some ‘skin in the game’.
+
+The feedback I have had so far is ‘do something you are passionate about’. I have always struggled with this as I believe I am purpose driven over passion driven (I fell into my current industry and not necessarily passionate about the products but passionate about growth, strategy, people, culture, achievement). My purpose is to strive to make things better.
+
+My initial goal from a wealth perspective remains to get to $10M net worth as I believe that would give me freedom not to have to work again if I didn’t want to. But I will likely always want to do some form of work as I enjoy it. 
+
+Anyhow, sitting here contemplating this as we speak, would love some thoughts and thanks in advance!
+So background is I was laid off recently at 42, planning to relocate from vhcol to live closer to family and friends in a mhcol area.  I’m close to fire by some measures, not all.   Investable assets are around 28-30x expenses, target would be 33-35x.  Do have what i consider to be a very safe/dependable investment that will generate enough income to cover living expenses for next 20-22 yrs without touching principal of assets.   expenses in the 160-180k range, nw In the 5.5mm range (including home equity).  That investment will take another 18-24 months before it fully covers living expenses so I’ll have to live w a 30k deficit/ yr for maybe 2 yrs.  plus cost to furnish new home, buy a car or two in burbs.
+
+Can’t sell my apt in vhcol area since it’s urban and everyone w covid fleeing to suburban.  Can’t get a mortgage (not even an asset depletion mortgage) for new area w no job.  
+If I sold every stock I own (not in retirement accts) I could buy a house in new area in cash but it’d be tight til I sold my apt.
+
+I don’t really want to do my old job in finance anymore.  I was overpaid and made about 850k ave over past 6-7 yrs and I didn’t have to work very hard given I’d been there forever.  
+
+New jobs r hard to come by in finance in area I want to relocate.  One contacted me today offering total compensation of 200-220k.  Job would require me to work in office and commute.  W 2 kids likely doing remote learning option in coming school year would rather stay w kids and help them w school. 
+
+To many people that’s good pay, but it’s hard from an ego perspective to take a new job, work prob many times harder to make 75% less money.
+
+If I had an extra 1mm I’d def just FIRE.  Currently have no side hustles.  
+
+Do I:
+1. Take a job to get a mortgage and quit if I can’t take it on a few months
+2. Just fire since I’m close and have faith in my investment that’ll cover living expenses for a long time.  As some say working much harder to make 75% less is a recipe for misery.  And Have faith that I’ll eventually find some sort of side hustle that will generate some income
+3. Swallow my ego and say 200-220k for most is good income, got health coverage, a mortgage, and reduce some anxiety 
+4. Take a job til I sell my apt 
+
+Some people I ask that haven’t made that Income just see the 200k number and think it’s a lot but it’s hard to go back making that when you’ve made so much more for past 15 years.  Last time I made 200k was when I was 26.
+I know this is a privileged question which is why I need the fatfire community for this since not many people I can talk numbers w like this who may be able to relate
+
+If it’s a job/industry u don’t care for anymore is there some threshold you wouldn’t go below? (50% of previous income)
+My  future wife bought critical illness insurance shortly after a friend of hers died of cancer. It's been costing her 600 a month for the past year and I've recently gotten a job in another country. This may require her to not work (since she wont have a visa) and I don't really want to pay into this ridiculously expensive bill monthly when I support her. From what I hear, if she lives until 65 or something, she will receive 100 percent of the money back as long as she keeps paying. If she cancels now (which I'm thinking of doing), she will lose what she's paid into it.
+
+What should I do? 600 a month is going to be like 15 percent of my monthly take home income... We are currently relatively healthy and in our mid 30's.
+
+Thanks!
+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!
+
+I think The DAO should seriously consider collaborating with MakerDAO.  
+The purpose of the MakerDAO is to create a stable coin - the Dai -  backed by crypto collateral.  
+This could have many benefits:  
+* The Dai being stable, it's a good bridge to fiat and the "old system"  
+* The Dai was designed to not suffer inflation. If widely adopted, it could be the ultimate safe store of value  
+* The way MakerDAO works, it allows people to borrow Dai as long as they can lock a collateral to back their loan. The main use case now is to allow margin trading of any crypto currency  
+  
+Now how can The DAO "collaborate":  
+* As suggested by another redditor, the DAO could bet on Ether price going up by borrowing Dai to pay its Service Providers. The Service Provider would get paid in a coin that is stable with regards to fiat, and The DAO would use Ether as a collateral, being able to unlock it later with a lower amount of Ether (provided the Ether price has gone up against Dai/fiat)  
+* Vitalik Buterin said himself that MakerDAO needs more market makers:  
+https://twitter.com/VitalikButerin/status/733622595795464192  
+The DAO could act as one: It would sell and buy MKR with a profit proportional to the risk of holding an important amount of MKR
+  
+There may be other ways to collaborate.  
+  
+TL;DR: Maker has good use cases, runs on Ethereum, its growth would benefit Ethereum and it could need some help right now. Isn't it a perfect scenario for The DAO?
+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).
+
+* 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!
+
+IMHO ETH it´s clearly undervalued by now. In 2015 and 2016 there where only primisses and really good ideas to de developed, but now we already can check that ETH developer team is doing their job.
+
+If you have a look at Github there are so many code added continuously. They are trying to solve all kind of issues daily. 
+
+We have constant updates for mist, geth, wallets, etc....
+
+And MetaMask, which for me means that running a Web 3.0 linked to ETH blockchain it´s a reality already!.
+
+Ethereum, Akasha, uPort, Metamask, Interoperability, and many other promising projects to come this year but I have the sensation that ETH doesn´t reflect all those news.
+
+Metropolis will bring access to a  "Dapp store", and it will be easy to install thousands of ETH Dapps. Like right now through Play Store in your mobile.
+
+At the end of this year PoS implementation will have a date, and that will mean a huge goal.
+
+
+And what is expected for BTC in 2017? being adopted by any other firm as a payment method? LOL! there is not possible comparison in future projections.
+
+BTC is already "an old technology", they are stuck in important decissions because they have realised that a "money" that you have to wait 10 minutes to be used it´s completely USELESS. And it´s expensive!. I don´t see any future for BTC besides the chinese expeculation last months.
+
+Sooner than later people will start to fear about the future of BTC (for logical reasons) and in that moment the whole crypto world will focus in ETH because it offers solutions for everything that BTC lacks.
+
+In 5 years from now I can´t imagine BTC market capitalization being above ETH´s
+
+What´s your oppinion?
+ With Q2 GDP data being announced this Thursday on July 28th, Pelosi's boss and gang have already began defending the presumably negative number we’ll see.
+
+On the heels of a negative Q1 GDP of -1.6%, some of the most recent Q2 forecasts are pointing to barely positive Q2 GDP, or possibly (most likely) negative:
+
+[**Goldman Sachs:**](https://www.cnbc.com/2022/07/07/goldman-slashes-gdp-forecast-for-the-second-quarter-to-just-barely-above-water.html#:~:text=Goldman%20slashes%20GDP%20forecast%20for%20the%20second%20quarter%20to%20just%20barely%20above%20water,-Published%20Thu%2C%20Jul&text=Goldman%20sliced%20its%20second%2Dquarter,a%20whisker%20of%20a%20recession) \+0.7%
+
+[**The Conference Board:**](https://www.conference-board.org/research/us-forecast#:~:text=While%20we%20do%20not%20believe,indicators%20in%20May%20and%20June.) \+0.8%
+
+[**Federal Reserve Bank of Atlanta:**](https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf) \-1.6%
+
+​
+
+Now this is where it gets saucy. As some of you less retarded people might already know, the criteria of a recession is generally acknowledged as the occurrence of 2 consecutive quarters with negative GDP. I’ve included some examples, rather than pull this claim out of my loose ass:
+
+[**Investopedia:**](https://www.investopedia.com/terms/r/recession.asp) *“The working definition of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession, and uses more frequently reported monthly data to make its decision, so quarterly declines in GDP do not always align with the decision to declare a recession.”*
+
+[**Forbes:**](https://www.forbes.com/advisor/investing/what-is-a-recession/) *“In 1974, economist Julius Shiskin came up with a few rules of thumb to define a recession: The most popular was two consecutive quarters of declining GDP. A healthy economy expands over time, so two quarters in a row of contracting output suggests there are serious underlying problems, according to Shiskin. This definition of a recession became a common standard over the years.”*
+
+[**United state Government Accountability Office:**](https://www.gao.gov/assets/gao-05-734sp.pdf) *“A pervasive, substantial decline in overall business activity that is of at least several months’ duration. The National Bureau of Economic Research identifies recessions on the basis of several indicators. As a rule of thumb, recessions are commonly identified by a decline in real GDP for at least two consecutive quarters.”*
+
+[**Business Insider:**](https://www.businessinsider.com/personal-finance/what-is-a-recession) *“A recession is a significant economic downturn spread across the economy that lasts more than a few quarters. More specifically, Recessions often get boiled down to a simple definition: when gross domestic product (GDP) declines for two consecutive quarters. This prevailing line of thought, popularized by economist Julius Shiskin in 1974, only captures a small corner of a recession's true scope.”*
+
+​
+
+Now just last week, a couple posts from whitehouse.gov are already claiming that the textbook definition of a recession (2 consecutive quarters of negative GDP) isn’t the REAL measure of a recession:
+
+[**How Do Economists Determine Whether the Economy Is in a Recession?**](https://www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/#_ftnref1) *“While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle.”*
+
+[**ICYMI: Treasury Secretary Yellen Says US Economy Not in Recession**](https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/24/icymi-treasury-secretary-yellen-says-us-economy-not-in-recession/) *“As she explains, the technical and actual definition of a recession takes into account “a broad range of data” and states “this is not an economy that’s in recession.”*
+
+*TODD: “If the technical definition is two quarters of contraction, you’re saying that’s not a recession?”*
+
+*YELLEN: “That’s not the technical definition.”*
+
+​
+
+Joe and his handlers are clinging to the fact that the National Bureau of Economic Research, a non-profit organization, is technically responsible for “officially” announcing the beginning and end of a recession. Yet another fact is that as of Thursday, we'll have 2 consecutive quarters with a negative GDP. 
+
+The government's *actual* definition of a recession isn't going to change the public sentiment around what everyone is already feeling. Come Thursday afternoon, a negative GDP will be announced, media headlines will all claim a Recession is here based on the new number, and I guess we’ll see what the market does.
+
+**TLDR**; Negative GDP on Thursday guaranteed. Media will claim Recession is official as of July 28th. Puts on the Economy, idk. 
+
+**EDIT**: I'm not *saying* a recession is here, I'm saying the media is going to eat up a negative GDP number. The whole point of this post is the guarantee that Q2 GDP will be negative. I specifically didn't make a claim to what the market will do, so think/do what you wish.
+
+**EDIT 2**: Someone asked for a graph so here's a graph of GDP for 2022
+📉
+Previously, I've made my case for Fiverr, a company for freelancers, only last week. Since my recommendation, the stock has grown from 270 to 320 as time of writing. That's an \~20% increase. I believe the future of work will also be 'online' as opposed to traditional 'in office'. The last year, the coronavirus has only accelerated the shift to online-work.
+
+I now propose another stock, PayPal. What's my reasoning for this?  When you look at growth stocks, you also look at their suppliers.  For Tesla, for example, you look at who's supplying the batteries for electric cars and can bet on that as well.   The rise of Tesla and electric cars has created a halo effect, and the rise in their stocks for all of the industry.  
+
+Now, when you think of Fiverr, and the rise of companies based on online work, payment processing companies will benefit.  When you transact with freelancers half way across the world, we are looking at payment processing companies that serve as a method of  payment for your transaction.  The likes of Visa, Mastercard, and Paypal stand to benefit. Why specifically PayPal? 
+
+Basically not only will PayPal stand to benefit from increased transactions as outlined above,  Paypal also looking to get into anything related to digital payments.  To quote,  PayPal has jumped into the mobile payments space with Venmo, which is now the most widely used mobile peer-to-peer payments app out there.  PayPal has also delved into cryptocurrencies, and now accepts cryptos on its payment platform. What’s more, the payments company is also jumping into more direct shopping and stock trading. 
+
+Basically, it’s doing it all.  PayPal is turning into an all-in-one digital wallet for consumers. They are looking at doubling it's user-base and hence revenues.  It's parallel is Alibaba's Ant Financial. It's massive in China, and before the Chinese government clamped down on the IPO, it was looking to the biggest IPO in all history.
+
+If you are looking to place a blue-chip stock in your portfolio, I believe Paypal will the next best bet.
+Given all the excitement and attention for GME, I've been mentally preparing for the MOASS. I read the recent repost of the exit strategy, which my smooth brain translated to "once past the floor, sell small lots when the price drops significantly".
+
+That seemed pretty logical, until I saw that [the current floor](https://www.gmefloor.com/) is 90 million. So yeah, while I was initially onboard with the idea I will be honest and say that I will probably paperhand most of my shares well before we ever get to such a lofty price.
+
+In the end I'm holding for three reasons:
+
+1. To make money to provide for my family
+2. For the single share holders to be set for life
+3. Systematic change
+
+Given my XX investment I should be able to tick off #1 before we hit $100k. The temptation and pressure will be immense.  But as every gamer knows, the true MOASS was the friends we made along the way. So my floor can't be lower than whatever any single share hodler needs to be set for life. And yeah, systematic change is simple: No cell no sell.
+
+So how much do apes actually need to be set for life?
+
+First we need to define "set for life". I would suggest the following criteria
+
+* Different countries have different costs of living. I suggest we assume an expensive place (like Switzerland) to leave some margin for error.
+* We don't know the age of our single share holding Swiss ape, so lets assume they are 18 years old and will live to be 86 (life expectancy for Swiss lady apes). So we need to plan for 68 years.
+* We don't know their family situation, but lets assume they have a partner and three kids (they won't be set for life, but they'll get a hell of a head-start)
+* Anyone needs a house or a place to stay. The internet says the average house price in CH is $1.2 million. Double it to be safe. I'll need some help calculating rates and taxes, energy and maintenance for 68 years, but my guess is we're talking another $2.5 million. **Five million?**
+* Apes will need money for food and drink, household supplies and clothes for their household for 68 years. **Say $2 million?**
+* Apes might need to pay for education and training for themselves or their family or kids. Think hundreds of thousands each. Another million? **Make it two.**
+* You may need some money set aside for medical emergencies (thinking of our US apes). A million per person should be enough. I hope. That makes **5 million.**
+* Transport. It would be kinda silly not to bargain for a Lambo (plus insurance, fuel and maintenance). Throw in an electric SUV for balance.  Another **five million** should cover 68 years of daily driving an exotic (gulp)
+* Pocket money. What use is a big house and fancy car if you don't have an allowance to spend? Add the average annual salary ($100k) times 68 years = **$7 million.**
+* TOTAL: $26 million
+* Double the amount for taxes ($52 million)
+* Double it again for inflation ($104 million)
+* Oh wow, that is much more than I thought I needed...
+
+# tl;dr The floor is the floor. No cell no sell.
+I don't want to be a jerk. But I see so many posts on Reddit of people losing money--significant fractions of their net worth--and blaming everyone but themselves; I feel there are some young folks here who need to hear this.
+
+The S&P500 is up about 25% YTD--that's extremely rare. It's up 115% since the March 2020 low. Look yourself in a mirror, and ask yourself if you're doing better than the market.
+
+This is not addressed to Bogleheads--you guys are doing fine. It's not addressed to traders who've been around since the dot com era. This is not addressed to retirees who've been through all this many times before. This is addressed to the novice investors of Reddit who entered the market after Covid and whose performance is negative, during an amazing bull run.
+
+Finance is one of the most cut-throat fields in existence. You are competing with people who are vastly more experienced, wealthier, and more influential than you. Some of the smartest people in the world. It's certainly possible for someone with a small portfolio to outperform--but it's not a game. You need to take it seriously. It requires work, study, temperament. Just because you're young doesn't mean you can afford to set your finances back years.
+
+Do you know how to determine the fair value of a company? Do you know how risk-free yields influence that calculation? Do you actually do that calculation before deploying your capital?
+
+Do you try to predict the short-term direction of the market? Try to predict when the next crash will be? How's that been working for you?
+
+Don't blame others. The market is not rigged against you--that's no excuse when it has been so easy to make money. No one forced you to buy stock in a company that had negative earnings; it's up to you to consider a margin of safety. Some people have genuinely been dealt a rotten hand---but you can't blame others for wealth inequality if it was **your own bad decisions** that caused you to lose money. Learn from it.
+
+The market won't always be like this. Since Covid the overall market has been on 'easy' mode. I don't pretend to be an expert investor, but I've been in the market since about 2005 and it's almost never this easy. As interest rates return to their historical levels and the effects of Covid become normalized, it will only get harder. Don't let your pride and arrogance get the better of you.
+
+**TL;DR:** Git gud, scrub.
+Hey guys! I have no one to share this with so I'm just writing this out to get my emotions out and for advice.
+
+To this date, I have lost \~$80k over the last 1.5 years attempt to learn to day trade stocks/futures. I make \~140k a year, currently live with my parents in a high cost of living area. I've been wanting to save to buy a house as my main focus and thought day trading would help me get there faster. Boy was I wrong.
+
+I've had pretty big wins and losses. I didn't take a few of my stop losses which led to really big losses. I've also had pretty big winners. My biggest problem was most likely overtrading and constantly attempting to trade even though I was down a lot of money. I basically started to over trade and revenge trade and found it hard to step away from the computer.
+
+​
+
+I make pretty good money but I am currently sitting here thinking how much I screwed up and how I could literally have a house right now. I know I make pretty good money and can bounce back from this at some point. Would it be wise to just step away from the markets completely until I buy a house and control my emotions trading? Anyone have a similar story because I would love to hear it and what happened afterwards.
+
+​
+
+Edit: Thank you all for the Reponses! Think I will take a step back from day trading and just throw money into an ETF/long term investment till I buy a house. Thanks for the responses! Means a lot to me! 
+My CPA who will be preparing and filing my tax returns asked me to sign a waiver that has language such as:
+
+* "We will use professional judgment in resolving issues when the tax law is unclear or when there is conflict among the authorities. You agree to indemnify and hold us harmless with respect to any and all claims arising from the use of the tax returns for any purpose other than filing with the Internal Revenue Service and state/ local tax authorities regardless of the nature of the claim."
+* "Any dispute will be submitted for resolution by arbitration..."
+* "You have the final responsibility for the income tax returns and, therefore, you should carefully review them before you sign and file them"
+
+Is this normal? I am hiring them because I don't have expertise in this area(taxes), how can I take responsibility for something that I don't understand much? Please advice.
+I've not seen The Life Aquatic, I know I should, but then I've never seen Harry Potter either (jury's out on that one).
+
+I love reading into the meaning behind shit though. And his tweets have been epic fun over the weeks wether we've understood them or not.
+
+I'm sure when this is all over he will explain what he meant when he writes a book about becoming the world's poorest billionaire
+Please  use this thread to have discussions which you don't feel warrant a new  post to the sub. While the Rules for posting questions on the basics of  personal finance/investing topics are relaxed a little bit here, the  rules against memes/spam/self-promotion/excessive rudeness/politics  still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments  by "new" (instead of "best" or "top") to see the newest posts.
+Almost everywhere people would tell you that the best investing method would be to buy an index etf (lets say SPY, Vanguard stuff etc) and continue to do so each x time (lets say a month) regardless of the price, and you will win in the long term.
+
+I feel like this is both dangerous (and really boring but that may be just me) and may not be so true (Japan?).
+
+If it was so true we wouldn't need this forum or any other investing forum / company, lets just close it up write a giant thread saying "Welcome to investing go buy SPY have a good day" and thats it.
+
+Does someone else feel the same way? that just blindy buying index ETFs shall not be the most obvious(/best?) way to invest?
+I live in Florida myself and sold my house this last January. I thought I had timed things relatively well (I waited 2 years into everything and thought it was the peak).
+
+Now with interest rates rising and the prices of houses still increasing, I’m not sure I made a wise decision. 
+
+Wondering if I should just buckle up and rent for the next 1-3 years.
+
+Thoughts?
+There is about 190000 contracts this week at stake for GME. Robinhood is a big proponent of dogecoin and a lot of holders are your basic get rich quick folks who did get into GME for that sole reason and paper handed out immediately. I believe Dogecoin is a another Hail Mary distraction and a perfect one at that since Musk and Cuban back it. For those of you who have cashed in on Dogecoin I say congrats on the massive gains. I have a cousin right now telling me I told you so but I'm not willing to risk much on a coin with no cap and prints 14 million a day.
+
+Again  i just think the timing is just too convenient for the entire GME saga especially it going up another 400% since yesterday on such a big week for GME.
+
+​
+
+Edit: [https://www.reddit.com/r/Superstonk/comments/mry8fc/if\_you\_have\_gme\_on\_robinhood\_you\_probably\_wont\_be/](https://www.reddit.com/r/Superstonk/comments/mry8fc/if_you_have_gme_on_robinhood_you_probably_wont_be/)
+
+​
+
+Wow robinhood isnt even letting people really sell there DOGE. lmao i am 100% convinced robinhood and friends are behind this massive pump.
+A Russian businessman who was married to Vladimir Putin’s daughter received an estimated $380m (£283m) stake in a Russian petrochemicals company for just $100, an investigation by Russia’s iStories investigative outlet has claimed.
+The investigation, published in collaboration with the the Organised Crime and Corruption Reporting Project (OCCRP), used a trove of leaked emails to shine new light on the closed circle of family and associates who surround the Russian president.
+
+https://amp.theguardian.com/world/2020/dec/07/putins-former-son-in-law-bought-shares-worth-380m-for-100-report-says?__twitter_impression=true
+**Canaccord Genuity’s Tony Dwyer ranks as the biggest bull, Morgan Stanley’s Wilson leads the bears** 
+
+With Christmas rapidly approaching, Wall Street investors are turning their attention to 2020 and what the new year will bring for the stock market.
+
+Despite rising volatility in recent days, the S&P 500 index [**SPX,** **+0.03%**](https://www.marketwatch.com/investing/index/spx?mod=MW_story_quote)  , the Dow Jones Industrial Average [**DJIA,** **+0.04%**](https://www.marketwatch.com/investing/index/djia?mod=MW_story_quote)  and the Nasdaq Composite index [**COMP,** **+0.07%**](https://www.marketwatch.com/investing/index/comp?mod=MW_story_quote)  remain on track to post their best calendar-year performances since 2013, with the Dow up 19%, the S&P 25% and the Nasdaq 30%.
+
+And while there are a range of views regarding the performance of U.S. equities in the year to come, the top strategists on Wall Street unanimously agree that next year’s performance will come nowhere near that of 2019, with only one of those surveyed by MarketWatch predicting the S&P 500 will rise 10% next year from Monday’s close, while a few are predicting year-over-year declines in the large-cap index.
+
+[https://www.marketwatch.com/story/where-will-the-sp-500-go-in-2020-here-are-the-most-bullish-and-bearish-strategists-2019-12-03](https://www.marketwatch.com/story/where-will-the-sp-500-go-in-2020-here-are-the-most-bullish-and-bearish-strategists-2019-12-03)
+I have noticed the last few Next Investors pump and dump emails have fallen flat on thier face, so when I saw this one about AJX, a stock that had been going up without the pumpers help I thought it would launch it. But the opposite happened, it immediately sold off after the email 
+
+Have the pumpers given themselves a bad rep
+Alright autists, i was gonna post this next week, but the lack of content on this sub this morning has given me some free time.
+
+TLDR: 🚀 to Alpha Centauri where it rains tendies or watch us from earth with a telescope.
+
+You might remember i did a decent DD post on Tempus Resources (TMR) a while back and their high risk high reward Q4 drilling program in Ecuador.
+
+Now i bring you another high risk high reward covid 19 or longer play.
+
+I present to you: Pharmaust (PAA)
+
+PAA is a clinical stage oncology company that is looking to repurpose a drug called Monepantel (MPL). Their product MPL was a sheep drench and now they are looking at it to study its effects on tumors and cancer. They have had successful studies in both humans and dogs. While they don't own the patent on the drug, if they can prove it has potential to work in dogs the company that does will give them a massive pay day deal using their drug and PAA's intellectual property for worldwide royalty tendies (PAA did the research, put it into tablet form, yada yada yada).
+
+Testing was done by an independent place in Melbourne to see how it was against Covid-19. It was discovered in repeat tests, that MPL can suppress cell to cell infectivity of the Coronavirus by up to 95% The place that was doing the testing WEHI (Walter and Eliza Hall Institute of Medical Research) has already received 3 million from Scomo to find a cure and some of that money is going towards WEHI's research into MPL. WEHI are now going to compare MPL and other similar drugs (mTor inhibitors) for comparison with other drugs approved for Rona such as Remdesivir. Remdesivir is projected to make  11.3 billion in sales by 2022. If MPL is just as good, look out.
+
+PAA is now looking at phase 1 trials for Coronavirus patients. As it has already been used in people before, it will be a lot safer and quicker.
+
+Pros: If MPLs owner is pleased with the dog tumor phase 2 studies it will equal a massive pay day for PAA.
+Extensive IP around the drug
+Successful phase 1 haman trials.
+Possible alternative to chemo.
+If results show it works better than Remdesivir it will be a massive pay day.
+Funded by its profitable subsidiary which recently expanded.
+Massive markets to tap into, human/dog cancer/tumor even a small % of that for them is BIG dollars.
+Exposure to massive money being thrown around to fight corona if it proves good.
+
+Cons: human testing hasn't passed the most critical stage 2/3 trials where results might not be as promising.
+Other similar products in development.
+They don't own the product so they're dependent on the company that does to renew it licence on it.
+A lot of regulation regarding human trials.
+If they can't get it out fast enough another product might become available sooner. 
+Already gone up massively in the past month from the reports about Coronavirus.
+Still a penny stock.
+
+Like i said earlier, a significantly high risk high reward play, but i know you all love a good all or nothing bet. It could easily go down in flames as they seen to be putting all their energy into this 1 product. I still don't know how it got onto my watchlist, i think someone here mentioned it. While i don't own shares in it yet, i reckon I'll be jumping in during the week after watching it for a week or 2 now.
+​
+
+https://preview.redd.it/r88h6l7if31a1.png?width=1600&format=png&auto=webp&s=13cd35c9972a9b67ca8347ee07cb2b4010d49e16
+
+Right on time, yet again. Gonna make this one short because i've got the worst fucking headache.  
+
+
+So uhh.. 49 of you raced this week - and 11 of you won't make it into next weeks race.  
+Let's see our losers. Small enough to cover all now.  
+
+
+**11)** u/Sharp_Pride7092, your dog **VIP** is dead. Hasn't moved for a couple weeks now, so I'm putting it down.
+
+**10)** u/Scrapthepolltax with a measly **+1.59%** gain on **BOT.** No idea what this stock is. 👋
+
+**09)** u/Mitchuation sorry buddy, your dog **RNT** somehow had a little win for the week - **+2.56%**. Almost corrected at the end. It's sad seeing a genuine dog leave the race early. 👋
+
+**08)** u/GlitteringFunction5 \- Wow, you got shafted. **DXB** with a **+3.33%** climb on the news of our very own government giving a 6 million dollar tax rebate for R&D. Glad our CGT goes straight back into the market. 👋
+
+**07)** u/ViewInternational465 \- **+3.57%** with **BLU**. Looks like they've been drilling successfuly? Looks low hype - I couldn't even confirm what they are drilling for, but enough to lose you the race. 👋
+
+**06)** u/BigJimBeef **- +3.57% on IBX.** Must be the nanotech buzzwords and shit, because I can't see any reason this should be up. Anyone care to explain? Sorry beefy boi 👋
+
+**05)** u/fruitsalad1212 **+5.45%**. Hadn't heard of **RFG** but seems pretty.. meh. Do they own Gloria Jeans? A lot of people I know talk shit about it, but they're the most generic people i know too, so everything they say has no merit. I think I got a coffee from one once. It was as good as Starbucks. Still shit though. 👋
+
+**04)** u/maxfaulkner **+6.31%** on **HPG.** Hipages? How the fuck is that still a thing, and more importantly how did you lose a dog race with it? Sorry mate 👋 
+
+**03)** u/Kervio **+9.43%. AOU** going up is actually enough for [Hotcopper to create a thread about](https://hotcopper.com.au/threads/price-surge.7092512/). Strong week overall with the correction down a little too slow to keep you in the game. Should've put poison in its food 👋
+
+**02)** u/leviKn7. Big increase here, with **PLT gaining 40%.** Holy fuck people actually use this service. I honestly wondered if these advertised loan companies were even legal. Strong loan results show that recession is far away in people's minds. Confirmed cancelled, Gen whatever can't stop spending. 👋
+
+**01)** and our biggest loser for this week? u/_MUKLUK_ with a fall from grace. **+100%** after **T3D** climbed back up pip and stayed for the week. Infinite money glitch achieved - drop a pip, lose 50%. Gain a pip and instantly bag. The dangers of racing dogs at the lowest end really shows here. 👋
+
+So with these fine losers gone, **38 dogs remain.** You can all check the spreadsheet for who remains, I feel like shit so need to finish. [Link here](https://docs.google.com/spreadsheets/d/14QwIoZ4acHzLtZRW1xdEYoLc2a_JRAeeVRMoI2o2im8/edit?usp=sharing)
+
+u/steaming_ham is now the standout gainer with **IVZ** being at **+123.33%** since start of race.
+
+Please leave a "Fuck you u/chzakalwe" in the comments.
+ASX:  ESH    
+SOI:  3,734m (incl. options)    
+Cash: $6m (est.)    
+EV:   $39m @ $0.012    
+
+
+eSports Mogul's Kelloggs/eSports Arena HALO 5 tournament kicked off this week and it didn't get a fraction of the interest they planned for. I watched the Twitch stream and it was a shambles, only 85 people participated in the first round (they'd made space for 500). Nevertheless, the matches were played and there are $25,000 real U.S. dollars in prizes on offer ($15k for first place). This tournament's qualifiers will play-out over the course of May and presumably the final stages wrap up later that month as the AGM is scheduled for 26 May.
+
+I don't care about the low participant numbers like some commentators do, I'm more interested in the functioning of the platform. Low numbers is a slight on ESA, and it also looks bad for Kellogg's. I'll be watching the next qualifiers closely to see how they go, hopefully smoother than the first one.
+
+In the meantime however, Mogul have fairly quietly launched their second tournament, and this one is more interesting to me than the semi-abortive Kellogg/ESA circus. Earlier today, Razer and a few badged gamers belonging to their sponsored team Tribe Gaming began tweeting about the Razer Invitational. With $30k of prizes of offer it's unlikely to be financially material (remember Mogul had to clarify for the market that the $25k ESA tournament was not material). This tournament is hitting mobile (Brawl Stars) as well as PC (Fortnite, Rainbox Six).
+
+So for a few reasons this is far more interesting to me as an investor:
+
+* Razer (@TeamRazer) is far more likely to generate eyes-on-screen interest than \*checks notes\* a stale cereal company.
+* Tribe Gaming's three members (\[@\]bentimm1, \[@\]LexMobileGaming,\[@\]natwithaheart) tweeting about this collect several hundred thousand views per YT video, each.
+* It's a multi-platform, multi-game tournament.
+* Fortnite has a more active following than Halo 5 (don't at me)
+* Brawl Stars presence in this tournament is a good sign that Mogul made use of the API access granted by Supercell earlier this year, which means demonstrating steps in the direction of that much larger untapped market that also includes Clash of Kings.
+
+This is far from enough from the company but it's a second, steadier step in the direction Rubinelli outlined to investors several months ago.
+
+*Edits: Formatting.*
+One day I hope Emerge Gaming will come out of voluntary suspension, I just hope I'm alive to see it.
+
+https://preview.redd.it/m2ko4myb2ly51.jpg?width=500&format=pjpg&auto=webp&s=9e411a22e15088aa05039117b102126f26177b3f
+All thanks to below article it went from 4.9c to 8.5c before settling in the 6s.
+
+I feel like the timing of the article means PSA and Farm out partner announced next week, hopefully Monday.
+
+18c and over is my hope after both announced.
+
+https://www.nextoilrush.com/introducing-our-top-energy-pick-2020-eying-elephant-scale-potential/?utm_medium=email&utm_campaign=IVZ-UA2&utm_content=IVZ-UA2+CID_522c625e6dba7743c0658c7576c1812d&utm_source=SD&utm_term=FIND%20OUT%20MORE
+
+
+Dyor obviously
+Your markets are run by bots. Now your daily threads are too.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+So I started buying stocks in February and Z1P was the first real meme stock I saw in full action: from $10 to $13 in a few days to crashing all the way down to wherever it is now ($6ish). 
+
+Do stocks usually crash this violently after an influx of buyers or is this an exception? Are all meme stocks full of hype doomed to fail in the long run if you don't pump and dump?
+
+I know I flaired this dumbfuck discussion but I'm the dumbfuck here, i kinda want a legit answer.
+
+Are stocks surrounded by hype doomed to fail (generally) or was Z1P an outlier?
+So going through some major fomo at the moment due to a couple reasons… early this year had a 1.99 buy for novonix but got greedy and lowered it to 1.80 and missed the boat. Now I’ve done the same with Magnus at 40c a bit over a week ago. I will be buying Magnus once itS a little less volatile and I do see the potential in Magnus and how it’s a miner as well as battery producer but I’m curious to other peoples opinions on it. I don’t know if it’ll follow the exact same curve as NVX price wise but it’s definitely obvious that it’s future is quite bright if everything goes to plan! Who’s bought Magnus and why did you? Plus those who’ve looked at it but decided against buying why did you do that? Keen for a discussion
+ 
+
+Alright, listen up ya flaming galahs. 
+
+After the sea of blood that was last week, I decided I’m gonna start doing some DD to keep myself accountable and stop fucking YOLOing my monthly allowance like a bloody pork chop. So, have a snag, crack open a tinnie and let's have a yarn.   
+
+**Name**: TNT 
+
+**MC**: 236.15M
+
+**Volume**: 12,480,117
+
+**SP**: 0.235c
+
+**1 year return:** 327% 
+
+**Why**: 
+
+These fuckers IPO’ed in 2016 as a Cyber Security Managed Services Provider (MSP) (Cyber sec lingo for ‘you can’t be fucked to run your own cybersec, so I’ll do it for you, for a price’). 
+
+However, come FY19, these guys decided that they weren’t gonna be your regular Joe Bloggs of MSP and decided to fling their dicks in the MSP pond, creating ripples that engulfed the industry. This came in the form of a ‘Cyber 360 Strategy’ which included ‘Growth through strategic acquisitions.’ That’s business lingo for, **‘Listen up cunts, I’m gonna buy you, your mum and your dog, and there’s not a damn thing you can do about it’** 
+
+In 2020 they had a ‘Board refresh’ - which is smallcheesebigbrain lingo for ‘We fucked off the dead weight so we can send this rocket to the moon’ - that was a key element in driving the success of the Cyber360 strategy.
+
+They went to town, like a hungover bogan smashing a Chiko roll, buying 8 companies in the space of 18 months. 
+
+Effectively, their Go to Market strategy is to buy the competition and buy access to lucrative contracts in government. Fuckin mint innit?
+
+**Key Highlights for H1 FY21**
+
+● Financial achievements:
+
+○ $36.5M Turnover achieved (in excess of 500% growth on same period last FY) 
+
+○ $2.9M Operational EBITDA achieved against a prior period loss of $1.7M 
+
+● Acquisitions:
+
+○ Seer Security (completed August 2020)
+
+○ Airloom (completed September 2020)
+
+○ Ludus Cybersecurity (completed September 2020)
+
+○ iQ3 (completed November 2020)
+
+○ Lateral Security NZ (completed February 2021)
+
+● Joint Ventures:
+
+○ Optic TNT Security Pty. Ltd. JV with NZ-based Secure Optic (announced November 2020)
+
+● Listed on ASX All Tech Index (S&P/ASX All Technology Index)
+
+● Entered NZ market with the acquisition of Lateral Security
+
+**Owner % of Company** 
+
+20% owned by insiders. This is awesome 
+
+Now for all the good stuff, there’s some downside. \*This is all IMO, not financial advice DYOR, blah blah blah\*
+
+* Companies that fuel growth through massive acquisition introduce complexity into the corporate structure, potentially choking growth and leading to a downturn in revenue.
+* They still are not profitable 
+* CEO comp is 734,591k p.a (of which 600k came from selling shares. I think. I don’t know, ask Kurt) 
+
+**Future Outlook** 
+
+Tesserent, through its Cyber 360 strategy, continues to focus on building out a one-stop-shop that provides a complete end-to-end cybersecurity solution for its clients. A primary objective is to maximise shareholder value by increasing earnings margins through the growth of high-margin annuity-based income and the inclusion of proprietary intellectual property in its solutions.
+
+**Goals for FY21:**
+
+● DeliverCyber 360 capabilities to an increasing number of Australian organisations
+
+● Integrate acquisitions to maximise synergy efficiencies and drive organic revenue growth through cross-selling
+
+● Focus on capturing **market share in three key markets: Government (including Defence), Critical Infrastructure and Banking & Finance**
+
+● Continuing to drive the Company’s acquisition strategy to expand on Cyber 360 capabilities and increase shareholder value through the incremental EPS growth
+
+● Building out high-value recurring annuity revenue streams
+
+● Expand proprietary intellectual property to drive high-margin product and service offerings
+
+● Explore International expansion opportunities with a focus on Australia’s key Five Eyes allies, which consists of the USA, UK, NZ and Canada
+
+​
+
+I'm not a financial advisor. I work in Cybersec. This is not financial advice. Don't be a crayon-eating cockatoo and DYOR. 
+
+Enjoy your diamond hands cunts.
+Genuine question, as the title suggests. Burning your cash is easier and provides warmth. More uses than what this piece of shit stock offers. Still baffles me seeing large amounts of buy offers.
+24th September , it was valued at 0.09c / share
+Today it hit 20c
+
+This is huge , fast growth.
+
+Congrats to those who had held prior to the jump , or even in between (has been going up daily). I suspect there's some 100k+ baggers 
+
+But let's have a serious discussion , do you think this is reasonable growth and will it continue? I personally don't think its a pump and dump. The company oversold CR within 24 hours just the other day , and has a lot of things going for them. Such as the Dell OEM partnership and also today the Facebook partnership.
+
+Has anyone looked into their revenue / profit etc or is that info not yet available. By the looks of things , if they are making decent profit , this is only going to rocket in the same way as BRN (but without pump and dump). Thoughts ?
+Hi All, 
+
+I tried to do this a month ago (mods can check and potentially share my previous yolo on FFX) but my posts were marked as spam and after a few attempts I didn't bother. However with u/baxter_89 I have made another attempt at sharing my research. I've decided to piggyback off his research and just add another tab to his spreadsheet.   
+
+
+The idea here is to compare all the hardrock lithium mines around the world (just the ASX for now) and see how there compare to each other on a valuation basis. This is done on 3 major metrics, how much lithium they have in the ground, how much lithium they have in their mine plan and the Net Present Value (NPV) of their latest study.   
+
+
+I then compare tis to each of their Fully diluted Market Capitalisation (these penny dreadfulls are always issuing new shares and I find google finance doesn't always get it right). Also I add in options as some management teams love free shares which can be meaningfully dilutive. Remember we are assuming all these projects are going mining so it would stand to reason these options are converted at some point.   
+
+
+I will go into more detail if this post isn't flagged as spam [https://docs.google.com/spreadsheets/d/134EkjudTnLEpKt5xvRY-G6-h-MXhjui2WSK6c5khZn4/edit#gid=205913338](https://docs.google.com/spreadsheets/d/134EkjudTnLEpKt5xvRY-G6-h-MXhjui2WSK6c5khZn4/edit#gid=205913338)
+SOR's printable, self charging battery is now able to replace the batteries in your TV remote! The market for this is pretty much anything that takes a AAA battery! 
+
+🚀  🚀  💎  🙌
+2020: Hits around $9.80 peak. Hype galore. ASX_bets chock full of pumping/hype posts. Promptly drops 35% - 45%.
+
+2021: Hits $14.53 peak. Hype galore. Pumping posts again. Going to be bigger than Apple and Google combined. Promptly drops 35%.
+
+'This is fine'.
+
+GLTAH.
+I’ve been reading through a lot of the posts regarding the Bitgrail "hack" here. First, let me say that my heart goes out to those who lost money in all of this. There’s also a lot of conjecture going on at this point, and I wanted to do a bit of due diligence to uncover what we actually know - and what we don’t.
+
+## What we know
+
+By far the most interesting account to have a look at is https://raiblocks.net/account/index.php?acc=xrb_1fioob7u6ia76rfo1medtrwwdobey1ua8qe7z55qyjimir5b9d95hkdabbjn . It shows a total of 369 blocks. Since the timestamps are not recorded in the ledger, but rather in the block explorer db, they are not accurate: https://twitter.com/IcarusGlider/status/962180384032280576 . The order is recorded in the ledger though, so it can be trusted. When we start from the bottom, there are some rather uninteresting transactions (e.g. https://raiblocks.net/block/index.php?h=790129AAB2C823EC54BE5EB4314A9E6BB63B53AA0997483F6534642DF002DB79 ). If we keep working ourselves upwards, a more interesting pattern starts forming with e.g. this account which is most likely a Bitgrail deposit account: https://raiblocks.net/account/index.php?acc=xrb_1tf8gtopw8pdsrzsz6wzxpi6ndimsmqezetsosq5crq6r35ndmhrj9fd9nch . What we’re seeing is simple:
+
+1. Withdraw a balance from Bitgrail
+2. Deposit the same or an accumulated or partial balance back to Bitgrail
+
+Note that as we’re following the transactions from the bottom (first) to the top (last), the pattern seems to get more and more methodical, and the amounts are getting larger until at some point, they are only round, large numbers. For example, on this account: https://raiblocks.net/account/index.php?acc=xrb_1wyq7i6hqu1w6cz7u59mg31w5gnmiu6iobz5xwekjrqa56wsscnhrih8ofx9 which is likely another Bitgrail deposit address, you can see 500’000 XRB getting deposited as the last transaction - that’s a lot of dough.
+
+If we follow one of the latest 10K transactions in https://raiblocks.net/account/index.php?acc=xrb_1fioob7u6ia76rfo1medtrwwdobey1ua8qe7z55qyjimir5b9d95hkdabbjn again, they are going through to addresses like: https://raiblocks.net/account/index.php?acc=xrb_1mec8hym899fm4dke4aunuarq8bejghuso5s7gf3swzoxsp884n5bwwar4kb , which seems to be a Mercatox deposit address.
+
+https://raiblocks.net/account/index.php?acc=xrb_1mec8hym899fm4dke4aunuarq8bejghuso5s7gf3swzoxsp884n5bwwar4kb is interesting for another reason - if we scroll down its transactions list, we see that it seems to have been used as arbitrage account between Mercatox and Bitgrail for rather organic, ordinary amounts, until at some point, deposits start to come from https://raiblocks.net/account/index.php?acc=xrb_1fioob7u6ia76rfo1medtrwwdobey1ua8qe7z55qyjimir5b9d95hkdabbjn directly.
+
+So this is a bit of knowledge accumulated about transactions and accounts. There's likely tons more knowledge there to be uncovered. What besides the accounts and transactions do we know though?
+
+We also do know that anybody who made any withdrawal above 0.5 BTC on Bitgrail had to be verified, 1.5 BTC (5 BTC with 2FA) could be withdrawn if verified, and transactions for “very high amounts” (https://twitter.com/BitGrail/status/949331036990771200) needed authorisation by the exchange, both starting from December 19, 2017: https://twitter.com/BitGrail/status/943266250653929472 & https://twitter.com/BitGrail/status/943557388724002817
+
+Furthermore, here’s Bitgrail’s and Nano’s timeline of events as per their Twitter account:
+
+- Dec 10 2017: ETH Withdrawals become available after incomplete transactions: https://twitter.com/BitGrail/status/939987321428041734
+- Dec 11 2017: XRB under maintenance, stuck transactions: https://twitter.com/BitGrail/status/940236539623329794
+- Dec 12 2017: Still working on XRB withdrawals, “Invalid Block” issues: https://twitter.com/BitGrail/status/940461978375598080
+- Dec 14 2017: Markets back up after hardware upgrade: https://twitter.com/BitGrail/status/941307447104430081
+- Dec 15 2017: BTC Deposits and transactions fixed: https://twitter.com/BitGrail/status/941719243241947136
+- Dec 16 2017: XRB Node sync problems: https://twitter.com/BitGrail/status/941856645193306112
+- Dec 16 2017: XRB Deposits and Withdrawals become available: https://twitter.com/BitGrail/status/942082952627965952
+- Dec 21 2017: ETH Deposits and Withdrawals become available: https://twitter.com/BitGrail/status/943807035149373440
+- Dec 22 2017: Some accounts (10) have been hacked brute force: https://twitter.com/BitGrail/status/944204925369757697
+- Dec 24 2017: Invalid Block issues with XRB, later fixed: https://twitter.com/BitGrail/status/944880776092504064
+- Dec 27 2017: 2FA now required to use Bitgrail: https://twitter.com/BitGrail/status/945822650462547968
+- Dec 29 2017: Announcement that multiple accounts per person are not allowed to work around withdrawal limit: https://twitter.com/BitGrail/status/946537791126728704
+- Dec 30 2017: “Fat Finger” bug in trading engine: https://twitter.com/BitGrail/status/947069631449137152
+- Dec 30 2017: Bitgrail offline to fix above bug: https://twitter.com/BitGrail/status/947184369415938048
+- Dec 31 2017: Bitgrail back online: https://twitter.com/BitGrail/status/947332357224312832
+- Jan 2 2018: Work on XRB node because of crashes: https://twitter.com/BitGrail/status/948177038451576832
+- Jan 3 2018: XRB node issues fixed: https://twitter.com/BitGrail/status/948497429346832384
+- Jan 5 2018: Multiple users complain about negative balances: https://np.reddit.com/r/CryptoCurrency/comments/7wogjc/this_document_proves_that_on_jan_5th_several/
+- Jan 7 2018: ETH deposits and withdrawals available: https://twitter.com/BitGrail/status/950052675965644800
+- Jan 12 2018: Bitgrail registers as an LTD, changing from sole proprietor business: You can download the company registry entry: http://www.registroimprese.it/en_US/dettaglio-ricerca-gratuita?p_p_id=ricercaportlet_WAR_ricercaRIportlet&p_p_lifecycle=0&p_p_state=normal&_ricercaportlet_WAR_ricercaRIportlet_view=%2Frisultatiricercagratuita%2Fdettaglio_impresa.jsp&_ricercaportlet_WAR_ricercaRIportlet_pageToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJleHAiOjE1MTg0Mzg3MDYsImNvdW50IjoyNTB9.bnRBNUmlvpBFku7YHs5e6nZyDDonu5c4ZxK40_27vT8# (Yes I can't make this available to you without breaking Terms of Service, and you'll have to pay to see it. Otherwise take my word for it: Company constitution date January 8, inscription date January 12, protocol closing date February 6)
+- Jan 8 2018: New user registration suspended: https://twitter.com/BitGrail/status/950328330993258497
+- Jan 9 2018: ETH deposits and withdrawals available: https://twitter.com/BitGrail/status/950777663521808384
+- Jan 19 2018: Withdrawals and trading fully available on Kucoin: https://twitter.com/nanocurrency/status/954331654058926080
+- Jan 20 2018: XRB withdrawals available: https://twitter.com/BitGrail/status/954657009181364224
+- Jan 24 2018: Withdrawals with manual intervention processed: https://twitter.com/BitGrail/status/956198052984950785
+- Jan 24 2018: Account verification mandatory: https://twitter.com/BitGrail/status/956312689906798595
+- Jan 24 2018: Nano team intervenes about verification: https://twitter.com/nanocurrency/status/956313999024574465
+- Jan 28 2018: XRB deposits and withdrawals suspended for system optimisation: https://twitter.com/BitGrail/status/957636456851308544
+- Jan 30 2018: Statement regarding Non-EU users having to terminate their accounts: https://twitter.com/bomberfrancy/status/958431792930967552
+- Feb 1 2018: OKEx trading available: https://twitter.com/nanocurrency/status/958994966667251713
+- Feb 2nd or so (Binance trading available)
+- Feb 8 2018: XRB markets unavailable: https://twitter.com/BitGrail/status/961643213936300032
+
+I could add Reddit and Telegram in here, but the above gives us a rough timeline of events, which is sufficient. There was generally a lot of turmoil with most of these events, and therefore lots of ambiguous statements etc, which are not that helpful.
+
+We also know that at the end of the timeline Francesco Firano contacted the Nano team and had this conversation: https://www.dropbox.com/s/3g38y67luolfvqs/Colin_ZS_Bitgrail_chat_log.pdf?dl=0 . There are a couple of facts worth noting from this conversation:
+
+- The timestamps are described as not correct by Colin
+- Francesco Firano says he is missing 15 million XRB, which is the difference between what the Bitgrail system tells him he should have, and the contents of the Bitgrail wallets (~4 million XRB)
+- Francesco Firano wants to resolve via a fork, which the XRB / Nano team denies
+
+This conversation eventually lead to this statement on the Bitgrail side: https://bitgrail.com/news
+
+And this statement on the Nano side: https://medium.com/@nanocurrency/official-statement-regrading-bitgrail-insolvency-ed4422bf274b
+
+As a measure to try and curb the damage, the Nano team and Binance, Nanex and Kucoin are cooperating to freeze identified addresses: https://np.reddit.com/r/nanocurrency/comments/7wil54/binance_is_working_with_the_nano_team_to_freeze/ - https://twitter.com/nanex_co/status/962149049771200513 - https://twitter.com/kucoincom/status/962343197543350272
+
+## What this looks like
+The pattern in the accounts and transactions described in the previous section makes it look like someone who did arbitrage between Mercatox and Bitgrail noticed a bug in Bitgrail’s deposit system whereby it became more lucrative to deposit and withdraw repeatedly, and maybe trade in between. Whether that’s deposits showing up double or else doesn’t matter really. There might have been other currencies involved as well. This individual or group then exploited that bug more and more methodically, increasing their leverage, until they started operating in the hundreds of thousands of XRB. These have more or less all been deposited into Bitgrail and Mercatox in the end.
+
+This created “artificial coins” in Bitgrails databases, and since withdrawals kept operating consistently, the funds in the Bitgrail wallet got depleted at a fast rate. The individual/s or groups exploiting the bug were essentially able to withdraw other user’s XRB. 
+
+Now, if you play with Hanlon’s razor (https://en.wikipedia.org/wiki/Hanlon%27s_razor) ("Never attribute to malice that which is adequately explained by stupidity"), there are multiple possible stories:
+
+- Francesco Firano at some point noticed that they are running out of funds in the hot wallet. Depending on how lenient you want to be here with Hanlon’s razor, you can hook into any event in the timeline to find some evidence that Francesco might have known, and start a story from there. E.g:
+
+  - He discovers it before Jan 24, 2017. He tries to find ways to regain solvency, coming to a conclusion that by making verification mandatory, he can avoid users moving to other exchanges, start keeping accumulating lost XRB again, and use verification documents to sell it on other exchanges.
+  - He discovers it on Dec 27 / 29, and starts tanking the price of XRB on Bitgrail by introducing a “Fat Finger bug” to buy XRB cheaper, complaining about node issues that were there before to justify suspending withdrawals. Since this is not really successful enough, he starts figuring out above plot with account verification. He also changes from sole proprietor to LTD to avoid future liability, which is also why he wants to establish the date of the hack with the team.
+  - He discovers it on Feb 8 when the hot wallet is empty, finds the error in Bitgrails system, realises that this will lead to Bitgrail’s end. He wants to find blame somewhere else, finds timestamps that are inaccurate in the Block Explorer, and tries to lay blame on the dev team.
+  - etc.
+
+If you think that Francesco was a scammer from the start, the story looks as follows:
+
+- Francesco Firano knowingly exploited a bug on his own exchange, starting to sell off other people’s XRB. One interesting point of evidence for this is could be that at the end quite large transactions made it in and out of Bitgrail, which certainly required authorisation / manual processing. Depending on the time these transactions happened though, amounts might have not been high enough to warrant verification.
+
+## What we don’t know
+- We actually don’t know how much XRB got stolen exactly at this point. The 15 million is a statement from Francesco Firano, and it’s relying on the difference between Bitgrail data and the Bitgrail wallets balance. Since Bitgrail data most likely can’t be trusted, only a through audit of all Bitgrail wallets will show exactly how much has been moved out through the suspicious accounts.
+- We don’t know yet if this bug has been exploited by just one individual, multiple individuals or groups, or at which scale
+- We don’t know yet when this exploit happened
+- Plus we don’t know tons of other things
+
+With that in mind, I would really caution anybody to rush to any conclusion. I personally am getting extremely sad if I read things like “ordering a death” or “organising a hit”. It’s understandable that emotions are running high, but there will be justice eventually. The ledger won’t lie. There likely will be tons of evidence lying around, since this doesn’t look like a “hack”, but somebody exploiting a bug, or in the other case somebody struggling to cover for their financial mess. Even if you think that it is for sure that Francesco Firano at one point or the other turned to malice, he still deserves the benefit of the doubt and is innocent until proven guilty.
+
+This will be a long process. If you lost your funds, go to the authorities and report your loss. If you provided verification documents, report to the authorities that they may be compromised. Try to find out if you have insurance potentially covering your losses and eventual cost of reissuing your passport, id card or drivers license. 
+
+Not wanting to create too much hope here, but if there’s a conviction and Bitgrail is liable, you might even be restituted a certain amount. Nano is a currency, so this is the similar to somebody stealing USD out of your stock trading account. Act accordingly. You wouldn’t run to the US central bank in that event, so don’t expect the devs to do more than cooperating with other exchanges and authorities to contain damage and provide evidence. Make sure that any evidence you have, transaction ids of the wallets you used to deposit currencies into Bitgrail, and receive withdrawals from Bitgrail, are stored somewhere safe and show how much was stolen from you. Invest your energy in getting your evidence sorted, and exploring your options for restitution. I wish you the best of luck.
+
+EDIT: clarification. It's late here.
+
+EDIT: Weeeee thanks for the gold, can I eat that?
+
+EDIT: Add fact about change from sole proprietor business to LTD
+
+EDIT: Add link to post with Telegram chat link detailing negative account balances discovery January 5
+It seems like, if you are diversified enough, there would need to be an apocalyptic scenario for someone to lose money on an ETF on a 10-20 year time scale. Am I missing something?
+For some context, we are 40-something, been together 25 years. My background is that both parents worked throughout my childhood. I also have a few disabilities but I also work as a nurse. He is the product of a broken family, and eventual fostercare until 18. I met him when we were 18. When we were younger, we had 4 kids, the oldest is now almost 25 and the youngest is 16. We lived on centrelink pensions and I'm on disability pension (yes I can work 60 hours a fortnight). He has never really had a proper job, and it's taken many years to understand why he can't/won't get a job. He is far from lazy( he's the best housekeeper) and without him I don't think I'd have gotten through TAFE and then university with 4 young kids in our care.
+
+What I am struggling with, is he still has a centerlink/pension mentality about our money, that we're are always broke. He doesn't see money the way I do. I can see that we can be more savvy with money, and I'd like to get into investing at some point ( already do spaceship at $5 a fortnight). I consider myself to earn a fairly good wage.
+
+​
+
+How do I help my husband be more literate with money and see the future potential with what we can do with money?
+RBA downgrades economic growth again
+
+Nov 8, 2019 — 11.45am
+Breaking
+
+The Reserve Bank has downgraded consumption and economic growth for the fourth time this year blaming persistently weak incomes from the drought, higher taxes and a downturn in investments.
+
+The central bank said it was weighing the "possibility that further easing could unintentionally convey an overly negative view of the economic outlook” and could bring forward the time when it uses unconventional monetary policy.
+
+“The board was mindful that rates were already very low and that each further cut brings closer the point at which other policy options might come into play,” the bank says in Friday's statement of monetary policy.
+
+In a wide-ranging reassessment of the economy, the RBA said the residential construction slump would be much sharper than first expected dropping by 11.3 per cent this year, instead of 9 per cent and 7.4 per cent in the year to June 2020, instead of 7 per cent respectively.
+
+However, the bank does expect the construction sector to  bounce back at a faster rate in 2021.
+
+“It is uncertain how quickly the turnaround in the established market will flow through to new housing construction. It is possible that the pipeline of existing work to be done will provide less support to activity than expected, and hence that dwelling investment declines a bit faster than expected, in the near term.”
+
+The RBA, which has cut interest rates three times this year to a record 0.75 per cent, says inflation will not get back to within its target range for more than two years – after previously expecting a return to 2 per cent by midway through 2021.
+
+Weak incomes weigh on growth
+
+It has also changed its forecast on business investment, downgrading growth to 3.2 per cent for this year before recovering to 6.9 per cent next year – a much faster rate than it had previously expected of 5.6 per cent.
+
+The two key forecast measures that the Morrison government will be watching – consumption and economic growth – will weaken according to the RBA.
+
+Household consumption has been downgraded to 1.4 per cent this year, before rising to 1.9 per cent by the first half of next year. That forecast is down from the central bank’s August forecast of 1.5 per cent and 2.1 per cent respectively.
+
+Economic growth is forecast to be 2.3 per cent this year and 2.6 per cent in the year to June next year. That is down from 2.4 per cent and 2.7 per cent respectively.
+
+“Recent developments show that a protracted period of weak income growth will eventually induce households to adjust their spending patterns, though this can take a while,” the statement says. “This possibility has been flagged for some time as a risk to the outlook for consumption growth.”
+
+It said the cause of poor income growth was “weak farm incomes resulting from the drought, a downturn in housing-related business income, and ongoing strong growth in tax payments”.
+
+'Little sign' of wage growth
+
+The bank has slightly softened its view on wage growth suggesting it will be 2.2 per cent for this year down from 2.3 per cent, but remain at an annual rate of 2.3 per cent for the remainder of the forecast period.
+
+“Wages growth is low and shows little sign of picking up. Faster wages growth would be needed for inflation to be sustainably within the 2–3 per cent target range. Looking forward, ongoing slow wages growth is likely to keep domestic inflation pressures contained.”
+
+The RBA is forecasting both headline inflation and the measure it watches more closely – trimmed inflation – will only reach 1.9 per cent by June 2021 and stay at that rate to the end of that year.
+
+This is down from the RBA’s August forecast of hitting 2 per cent by June 2021 and rising to 2.1 per cent by the end of that year.
+
+Business investment will come back stronger than the central bank first expected rising to 6.9 per cent in June next year up from the previous forecast of 5.6 per cent.
+
+“Business investment is expected to increase at a moderate pace over the next few years. The wind-down of the mining investment boom is largely complete, so mining investment is expected to contribute to this growth.”
+
+“The board also recognised that global financial markets appear to have passed a trough of pessimism.”
+Old man turns 62 in a couple months. Still working full time as a labourer.
+Has about 700k in super + investment property worth 350-400k. No debt - PPOR and IP paid off.
+Still married - Mums younger(59) has about ~200k in super. She's likely to work much longer than Dad (she's a nurse).
+Very middle class lifestyle.
+
+Today he started talking about moving his super from safe to higher risk because he wants it to grow.
+
+Am I nuts for thinking that he's nuts and he doesn't need it to grow at all at this stage of his life?
+
+What sort of numbers do people recommend for comfortable retirement? 
+Dads in uncharted waters for males in his family - his dad and his brothers never made it to this age.
+ I want him to get to enjoy retirement and not work himself into the ground beforehand.
+​
+
+https://preview.redd.it/yv7zag5qxbn61.png?width=707&format=png&auto=webp&s=3142cc6f2903f1be7eff10206392b4fbc7de1034
+
+One of the most eye opening charts I have come across recently is above. It's the RBA's Balance Sheet.
+
+You can see the difference between what the RBA did to help stimulate the economy in the GFC (2008), and this pales in comparison to what is going on now with respect to buying Government debt.
+
+I have always been one to sit back and wait for major corrections in the share market before buying, and my most recent purchase was in late March 2020 (VAS).
+
+With the amount of new money sloshing around, I am beginning to think that asset prices are going to keep inflating until .... well I am not sure until what exactly.
+
+I am curious to get thoughts from other forum members as to the implications of this RBA behaviour on your investing strategy (if at all).
+
+I should probably switch to a "keep buying at regular intervals and dollar cost average" mentality wrt shares but the value buyer in me keeps waiting :/
+[https://www.marketwatch.com/story/refinancing-your-mortgage-will-cost-more-thanks-to-a-new-fee-from-fannie-mae-and-freddie-mac-2020-08-13](https://www.marketwatch.com/story/refinancing-your-mortgage-will-cost-more-thanks-to-a-new-fee-from-fannie-mae-and-freddie-mac-2020-08-13)
+
+Quick snippet from the first paragraph in the article:
+
+>Fannie Mae and Freddie Mac announced Wednesday evening that they will now be charging a 0.5% adverse market fee on all refinances, including both cash-out and non-cash-out refis. The new fee goes into effect Sept. 1.
+
+If you have a refinance in progress, you'll want to see about getting the closing/settlement accelerated before Sept. 1 ASAP. For all others, it's likely too late.
+
+Edit: Just to clarify - I believe if you have your rate locked, then you may (?) be okay and the lender would have to absorb this fee.  Best to call the lender tho (even if you have your rate locked) to be sure.
+There has been a great deal of speculation on why the interview. Why now? Why with GMEdd? Why GMEdd says GME investigation is over? 
+
+[I have speculated](https://www.reddit.com/r/Superstonk/comments/yftu4i/update_majority_ownership_onabout_jan_20nd/) that we would soon have majority ownership. I based [my calculations](https://www.reddit.com/r/Superstonk/comments/xwiqua/just_some_quick_hype_maths_no_dates_but_also/) on our estimates with the DRS bot utilizing purple circle posts. But, those posts (while accurate enough) have been historically low compared to the GameStop official tallies.  
+
+Now the goal that I have cared about has always been majority ownership. Not locking the float. Not majority of float ownership. But owning >50% of the company (insiders, stagnant insiders, and retail DRS). With majority ownership comes a sort of bullet proof vest. It isn't perfect, but it affords The Board the confidence to do the job without fear of being ousted by nefarious parties printing synthetics and voting them.  
+
+Since we have historically tended to underestimate DRS numbers with the bot calculation, I think that RC giving an interview is him stating that we have acquired that confidence and we no longer need to worry about those specific shenanigans. Because... we now own our company.
+Lettuce keep this real.....ETH in the long run is going to be around $15 dollars by end of this year or once DAO(s) are released.  Now, the possibility of ETH going moon status (over $20.00USD) is still a real concept.  So, for all my bagholders out there or even newbs that are just joining....for transparency, who are the LONG cats here??  
+
+I'm at 1000+ ETH, and I am going nowhere...I will in fact buy more if it hits around $7ish.  Where you Longer's at?!?!
+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.
+
+***
+
+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 started seeing people freaking out on social media and wanted to post a reminder of the FOMO/FODO cycle:
+
+1. Whales and Big investors buy a good chunk -> Price rises
+2. FOMO (Fear of Missing Out) buyers buy when price rises.
+3. FOMO chain reaction : FOMO = more FOMO -> price peaks
+4. Whales eventually sell a good chunk to profit on peaks -> price falles
+5. FODO (Fear of Dying Out) holders sell when price falls, out of fear.
+6. FODO chain reaction : FODO = more FODO -> price drops 
+7. Eventually all scared sellers are out, price stabilizes, back to **1**. 
+
+**Just chill out**, sell when peaks and buy when drops. 
+
+And if you lost some money because of FODO, don't fell bad, you simply lost profits and as long as you have some ETHs you will make more in the following months/years :).
+Let me start of by saying I am pro Ether and I really do feel it will have a significant impact on society going forward. I do enjoy reading this sub and understanding the point of view from my fellow Redditors, but lately I feel this sub has just become a place for two things:
+
+1) Posting "TO THE MOON" comments or memes
+2) Questionable characters looking to scare weak hands into selling low
+
+I'm not an expert in cyrpo, I just want to encourage people to please think about what you are reading and set your own goals. Not everyone needs to HODL until you get a Lambo, do what you feel is right and will help you and your loved ones live a great life.
+
+
+I'm not gonna bother to give you the math.
+
+Instead I'm just going to say that there is 100 % mathemetical  certainty that the price above 2 BTC per ZEC is totally unsustainable in both the short as the long term, yet, people have been doing this and burnt their hands. Couldn't see that coming, did ya.
+
+So, who exactly are the people buying at those prices and perhaps more importantly: WHY? 
+
+Is it simply true backwardish ignorance, I mean, if you have the wits to get yourself into complicated new tech like this, then how can you make such a bad buying decision.
+
+It absolutely boggles my mind. I know markets can be irrational but the word "irrational" is not enough to explain this crap.
+
+
+
+So, enlighten us with your thought processes. Please do.
+There is a sus post right now with a large amount of upvotes, and pure frustration and anger from op.   He is making fun of people who give GameStop ideas, he is making fun of the customer service team saying they pretend to pass it on. I know 100% they are taking note, for gods sakes Cohen retweet’s the Leggo GameStop idea from one of us. I rest my case, keep giving GameStop ideas. They are listening.
+
+Edit 3: Ideas can become popular amongst the community here. If something is popular it can be implemented by GameStop. How does posting/reposting thousands of memes and shitposts a day for karma farming, but banning community ideas acknowledged by GameStop help us? This is not karma farming. Good luck getting a response in the first place. YOU CAN FILTER FLAIR BY DD if you want just technicals like all the shills are arguing for here. To remove community ideas is absurd. You can look into the comments now on this post and see everyone arguing that we shouldn’t post ideas acknowledged by GameStop. Any comment saying we should be posting our ideas is immediately downvoted. When we post thousands of memes and shitposts, why can’t we post a potential money maker game changing idea that rises to the top of the shareholders community hub and benefit OUR company?
+
+
+Edit: since this has gained some traction, let me show you how this post is showcasing us to all the newcomers and any media lurking here. Also, what’s so wrong if a few great ideas rise up from
+ /new for us all too see, acknowledged by the GameStop team itself. It will solidify it even more. I don’t see this as karma farming, in fact good luck getting a response for your karma farming. The fud post makes us sound like fools. I’ve seen some amazing ideas that have me extremely excited for the future, not once have I seen anything ridiculous like this post is stating. Hazing and slandering everyone in our community under the disguise of lol people need to stop karma farming? He insults everyone, us, GameStop, customer service. 
+
+“Look I understand giving ideas to a company you love. I understand you probably think the introduction of your favorite sock puppets to Gamestop will soar their revenue next quarter. I've been noticing a trend around here lately it looks something like this:
+
+
+Superstonk Fan: Gamestop you should really branch out into catheters! My grandpa needs one all the time it could be an amazing business addition!
+
+
+Gamestop Representative: Uuhh yeah great idea, we will absolutely make sure that gets to the right department!
+
+
+Superstonk Fan: *posts Instagram screenshot to r/superstonk* Look everyone Gamestop said they're going to sell Catheters soon!! I love this company!
+
+The comments then proceed to just be an echo chamber of false expectations for Gamestop to branch into some weird niche sector. You're raising expectations and hopes for the purpose of what? Karma farming? Make your suggestions, and keep them between you and the company. If you made the suggestion for the good of the company there is no need to flaunt their response as some sort of **BIG WIN** for GME shareholders.”
+
+Again, I’ve seen amazing ideas surfacing and none of this he makes up. I’ve seen them actually implement ideas directly from the community. This sun is flooded with thousands of memes, bot posts, and random things 24/7. The mods do an AMAZING job keeping this place clean. I don’t see the problem if a great idea that GameStop achknowladges makes it to the front of my feed, instead of this guy suggesting we are pushing for catheters and GameStop laughs behind our back and throws our suggestions away. The media team doesn’t/ can’t respond to everyone. They usually respond to things that have a lot of likes or good ideas that catch their eye. So if you wanna go out suggesting catheters, I don’t think you’re gonna have much luck karma farming.
+
+Edit 2: This post is under a heavy shill attack. LISTEN UP. THIS SUB IS FLOODED WITH THOUSANDS OF REPOSTS/SHITPOSTS/MEMES EVERYDAY. If great ideas are posted here, some may rise out of /new and gain more traction. Giving GameStop team not only a win for acknowledging the idea initially, but another win when they implement a popular community idea. The shills in this post are arguing that this sub should be for fundamentals only. And ideas acknowledged by GameStop shouldn't be posted here. IF THATS WHAT THEY WANT, THEY CAN SORT BY FLAIR/ DD ect... again, there are hundreds of memes being posted and reposted every hour. I've already seen some people come in from GME meltdown here, so i know the shills are present and angry. No one is karma farming Ideas that GameStop acknowledged. In fact, keep posting them so we can get the GOOD ONES TO THE TOP.
+
+Edit 4: final edit. My confirmation is hard the fud campaign to remove community ideas from superstonk is real. The amount of messages I got trying to personally attack me is hilarious. 
+Their main arguments:
+1: we shouldn’t post company ideas suggested to and acknowledged by GameStop. 
+    -Premise (it’s karma farming)
+
+So we should remove the potential for a huge community idea, because people are getting internet points? Or blocking technical dd? Again, you can sort flair by dd if this is your concern. 
+
+If you want to argue this is karma farming and forum sliding, how do you explain our wonderful memes and shitposts this community was built on. If a good idea rises from /new, GOOD. It deserved to rise and be seen. And could potentially benefit us all. So anyone arguing that posting ideas and responses from GameStop should be banned, is infact wrong. We should promote these ideas in our community. We own the company. If they see 30k+ people diving into an idea posted here, they might just implement it ASAP.
+
+Original post I’m referencing: https://www.reddit.com/r/Superstonk/comments/ogu6b6/stop_forcing_gamestop_customer_service_to_make/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+I just woke up, had this amazingly vivid dream about GME. Good news, it's gonna go up, bad news. You motherfuckers start preemptively selling and it can't fully reach what it could. I jumps from 420 at opening to 1k steadly and pretty quick, then a massive sell... it drops to 20 dollars instantly. It jumps again, but not back to to the hundreds easily, it steadily climbs, and reaches 500, then 4k then i myself placed an order at 7420.69 miself. And i sold. Cuz i knew you motherfuckers couldn't hold it. And i was right, it peaked at my sell... And then it went down to 17 bucks, and. It stayed there...
+
+Don't let this happen, don't sell on monday  💎💎👐👐👐💎💎
+
+Not a financial advice, i litteraly dreamt of it. I like the stock. I'm retarted. Don't listen to me. I eat crayons.
+People over 45 or retired! 
+
+What is one piece of advice you would give to someone either starting out dividend investing OR people early in their journey?
+ Anyone has any advice if this is a good time to invest in stock, specifically S&P 500 index? Or is waiting some more time a better idea? I’m looking to invest for the first time, and other than researching on my own, and watching some YouTube videos I have no experience. Thanks in advance!
+My current portfolio currently holds-
+BEPC,KO,T,VYM,SCHH,AFL,NEP,AAPL,C
+I’m relatively new to dividend investing.
+Yield on cost-3.37%
+Yield on Market-3.31%
+Annual Dividend-$1523
+Also I’m 25M
+Would it be possible to reach an average of $500 dollars a month off dividends in a given year with a $100,000 investment? Given this would have to be safe and diverse, on top of this some growth?
+
+This is if someone started from 0 and wanted to start investing now.
+So I’ve been researching dividends and it seems like SCHD is one of the most mentioned tickers when recommending or talking about dividends. 
+
+My question for you guys is why does SCHD get so much love but VTI doesnt?
+
+Currently VTI has a better annual dividend, $2.82 vs $2.09. On barchart when doing a comparison of the 2 stocks VTI is the winner both short term and long. Both have low expense fees. 
+
+So am I missing something when doing this comparison? Why is SCHD so popular here? Why is VTI never recommended when it seems the better option?
+Sup guys,
+Looking to tap into the collective mind to simplify my portfolio. I’ve set my portfolio up to be almost strictly dividend payers (gld only non payer) and thetagang strategy’s, but stocks are only a small (and least favorite) piece of my overall investment game. 
+I see a lot of you dudes doing a lot of great DD On many income stocks, however much I try that doesn’t interest me nor do I want to commit the time to doing that for many companies. Curious if anyone else thinks like me and if they have any tips to set up an (almost) stress free dividend portfolio in which I don’t have to tend to such a multitude of different stocks? ETFs are the obvious answer, recommendations/ideas appreciated. 
+
+Current portfolio: 
+Voo 
+Nobl 
+McD
+Vz 
+Jnj 
+Bnd 
+Cost 
+Jpm 
+Gld 
+
+TL;DR 
+Recommendations on simplified minimalist dividend portfolio, ETF recommendations appreciated 
+
+Bonuses question:
+Is it feasible to see same returns investing solely in ETFs vs assembling your own “ETF” picking stocks?
+Does anyone find unlikely-to-rise companies(like a local water company that pays 1% dividend and never grows, or low-yield preferred shares in a REIT), short them to get a bunch of cash, and use that to buy higher-dividend companies?(like preferred shares that pay a higher yield)
+
+You can't really do this in a Reg T account because you need 150% or 200% of the stock's value held in reserve. I was considering switching to Portfolio Margin, and it looks like there's no margin difference between being long or short a stock there.
+
+Downsides include:
+
+* If the company gets bought out or management changes or \[...\], they could rise even if the original business was unlikely to rise.
+* The stock you buy could tank, and now you've lost borrowed money.
+* You have to pay dividends & interest on the stocks you short.
+* The stocks you buy could cut or stop dividends.
+* You can buy options to mitigate catastrophic loss, but those eat into your net yield.
+* You can sell options to avoid paying or receiving dividends, but they can be assigned at any time so maybe not reliable for long-term arbitrage.
+Hello all! Long time lurker, first time poster! 
+
+As the title suggests I received $1,880 total in tax returns and I’m seeking to change up my habits of investing. I’ve made bad investments on single stocks that burned me in the past and need to do better. My girlfriend has a diversified portfolio and I’ve seen her returns and dividends doing well, so I want to do the same.
+
+For some background, I have E*Trade and Robinhood brokerage’s, but I would like to keep things on E*Trade for now over Robinhood. Where should I start with this money? I plan on holding for mid to long term.
+$100? $500? 
+
+If starting with a low amount, still diversify between multiple companies or invest in one company until I have a certain amount of shares?
+Hello, I'm new to dividend investing and learning as I make small investments, but I've noticed some well respected Dividends seem to have a 1.5 - 2% yield. Why would someone invest in these over a savings account like ally, weatlhfront, Marcus, etc. Which have a >2% interest rate?
+
+Is it just hoping for stock appreciation in addition to the dividend yield, are there tax advantages, or am I missing something else? 
+
+Thanks for any guidance!
+I've been interested in how other people do this for a long time. In academia there is no "good" way per se that evaluates them in a universal fashion since concepts like dividend yield were originally created to liken equities to bonds rather than express dividends as elements that are subject to change.
+
+So when you're looking at a dividend stock what exactly are you personally buying? Feel free to reference your favorite authors or idols on the subject as well.
+What advice can you give me on ETFs? Previously I’ve stayed away from them and focused on a blend of growth stocks and REITs (keeping about a 4% average yield). Was looking into starting to migrate to ETFs more. Always hear about VOO and VTI, which are good options but I keep seeing JEPI and SCHD in this group. Comparatively, their yields are much more appealing. A little skeptical of the large difference in yields. Which one would you suggest to buy first?
+Canada seems to attract the most short-sellers relative to the number of stocks it has. Certainly, we have had a lot of bad actors on the TSX: Valeant, HomeCapital, Intertain, etc. Many countries has bad actors too, but someone, Canada attracts a lot of them: PAA Research, MuddyWaters, Cohodes. Germany though...
+
+​
+
+>Germany’s financial regulator took the unprecedented step of **temporarily banning short sales of Wirecard** AG shares following reports of suspicious accounting practices. Bloomberg's Jan-Patrick Barnert reports on "Bloomberg Markets." 
+
+[https://www.bnnbloomberg.ca/video/germany-bans-new-wirecard-short-sales-in-unprecedented-move\~1614342](https://www.bnnbloomberg.ca/video/germany-bans-new-wirecard-short-sales-in-unprecedented-move~1614342)
+
+​
+
+​
+
+​
+https://www.marketwatch.com/story/bank-of-canada-cuts-rates-starts-buying-bonds-2020-03-27
+
+What does this mean in relation to those holding index funds containing allocations of Canadian bonds? Will it have any effect on the prices when buying more shares of these indexes?
+Oil price at all time recent highs. Not to mention of stock buy back or at least returning back to old dividend rate despite oil hovering well above 2019 level for a few months now. Any reason to why that is? I feel like I made the wrong choice by selling off chevron and Canadian natural resources to double down my position in suncor.
+I've recently been providing tech support consolidating digital accounts and helping manage MFA settings for a family member whose mental capacity is in decline.
+
+Among those accounts is a self-trading account with various positions and holdings worth a few hundred thousand, and generating dividends that are not insignificant.  In the past few months, they have gone from managing their own trades to not being able to read their account statements. The problem is, I'm concerned about the impact on the estate if either a) I notify the power of attorney and they figure it'll just be easier to sell everything off, and they start making really bad decisions in the name of the "estate." or b) I let it lie, don't notify anyone and their investments tank.
+
+I'm looking for suggestions on how to proceed. In my mind, a third-party, qualified and vetted account manager would help advise the executor so that this account doesn't tear the family apart or have a negative impact on the estate as a whole.  Suggestions?  Help!
+You don't know this but the Dow is just about to hit the more than 50% low from its high less than 18 months ago. 
+
+A few reflections depending on your current (march 7, 2017) allocation:
+
+-Are you still happy about your allocation? (A lot of discussion and opinion about a 100% equity allocation simmering in this sub)
+
+-Did you panic and sell everything on the way down?
+
+-Did you keep calm and carry on?
+
+-Will you go all in today because you timed the crash and have been hoarding cash or shorted the market and now you're about to hit your FI/RE goal in no time?
+
+This might be a silly game and of course history isn't a great indicator of the future, but to me it tells me a lot about my risk tolerance.
+
+Game on. 
+
+
+First, just want to provide some background, I’ve been investing for 10 years, and I’ve been investing in pennies for probably 6 years and am up thousands of dollars overall, I just want to maybe give newer folks an example of why pennies are considered so risky, how badly it can go wrong, and most importantly, how important it is to do your own DD and not buy in to the hype. Here’s an example of how hot this stock was on this sub: 
+
+https://www.reddit.com/r/pennystocks/comments/lfgon5/cbbt_a_game_changer_huge_dd/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+Now to disclose my position, I’m holding 10,000 shares of CBBT at 0.13. 
+
+Shortly after buying in, the hype took off and it went to .4. This was my critical mistake, I could have sold for 300% profit and never looked back, but I got greedy. 
+
+Currently the stock is valued at 0.00. It literally did go tits up. 
+
+Stay careful and remember not to do anything too stupid.
+Started a real job at 23, and after 4 years of frugally spending, saving and investing, I finally crossed $100k in net worth between cash, retirement accounts, property, and other assets. I know I've still got a long way to go, but this was a big milestone for me. 
+
+I'm nothing special. I now make about $60k north of Seattle in a dull cubicle job with no side-gigs, no dependents, no history of debt, never been a recipient of a major windfall. I live in a modest condo I purchased last year and drive an older car I bought with cash. I'm no extremist in this lifestyle; I make my own work lunches, use my things till they need replacing, shop around before I buy stuff, and am economical with vacations and hobbies. You won't find me foraging for food, churning credit card rewards, using coupons or Groupons, scavenging second-hand stores for the things I need. For me, I'd rather just be minimal than than spend a bunch of time hunting for bargains.
+
+Just wanted a place to go to brag about this little accomplishment. For all the rest of you average folk that get down when you see kids fresh out of college making six figures and living at home, wondering how you can ever hope to build assets like they can, just keep at it. It might take a little longer, but it's far from impossible.
+16 Years ago, I started playing Runescape. I'm sure a lot of you are familiar, but for those that aren't, it's an MMORPG that has a functional, player-based economy that operates under the premise that people will accomplish certain tasks, and in exchange they receive an item/s which correlates to a certain value in GP (gold pieces), or XP (Experience points). Any work done in the game is a blockchain, essentially. Money, even though it is an online game with a fluctuating economy plagued by bots diluting it and rich overlord players manipulating it (just like real life), is stable and real, just digitized. The inability to (at least in the rules) buy your way through the game with IRL money, drives people to continue to manually solve the blockchain for years and earn GP. You can purchase a leveled account, or GP, outside the game but someone still has to solve that blockchain to get it. 
+
+okay, cool, how is this special? It's cool for a game to know that your money has true value and there isn't a reward for paying the company, but not exactly revolutionary. Where things get good is when Jagex, the developers, decided to reward players for holidays with what can be viewed as an NFT by giving them a single, unique item with minimal use in the game other than a keepsake or article of clothing. The players didn't have to do anything crazy for them, and they weren't especially valuable when released, but they were only released once. This created a limited supply, as the items had a limit of one per player, only on one day, ever.
+
+As time went on, the player base grew, the amount of these unique items always stayed the same or even shrunk due to players leaving the game with them unused in their accounts, them being destroyed, or lost. Because of perceived scarcity, certain tradeable ones such as the partyhat collection quickly rose to be the most valuable items in the game when people realized there would never be any more. They are worth **Billions** of GP (years of hard work in-game) with a IRL value of **thousands of dollars** (yes thousands of dollars for a little pokey hat in RuneScape and yes people buy them.
+
+So, with the combination of a decent blockchain-style currency, and the issuance of an NFT, those who hold them can hold tremendous power, provided that the NFT is actually worth a shit after some time. Gamestop will be worth something regardless of the power of the dollar (shit currency), the only thing holding it back is time and a reliable, stable form of currency to ensure the yield from the rip.
+
+cheers
+Anyone see the Bloomberg interview 1 hour ago. One of the lead scientists from bharat biotech stated that the efficacy for their vaccine, covaxin, is 100% based on phase 1 and 2 data. 98.5% after 120 days. No way you make that kind of statement without the firepower to back it up! I'm more confident in US FDA approval now. Do your dd trials do not have to be conducted in the US for approval. They can decide if the data provided is sufficient for approval! Remember bharat biotech already has 13+ successful vaccines in their portfolio for illnesses like polio etc. I was going to dump but now considering the impressive board of directors at Ocugen for the vaccine (includes members from pzifer) and this recent statement, I like my odds and will hold!
+
+Edit:thought it be smarter to post the link here: https://www.bloomberg.com/news/videos/2021-01-04/bharat-biotech-s-coronavirus-vaccine-gets-a-nod-from-indian-regulator-video
+First and probably most importantly, I paid off my high interest loan (95% interest FML) which is freeing up $300 per month that I'm putting straight into my savings. Always pay off high interest debt first!
+
+Second, I'm switching all of my subscriptions that I consider "essential" from monthly to annual. Most subscriptions offer annual plans that end up being much cheaper than monthly. 
+
+Third, I had been using Google Fi as my cell phone carrier for a long time now, and my bill would be anywhere from $30 to $50 per month for only 1 or 2 gigabytes of data per month. I found out about a carrier called Mint Mobile who has a limited time offer of 8gb per month for 3 months for only $20 (yes, $20 for all 3 months so $6.33 per month!). After the first 3 months it goes to $20 per month for 8gb per month paid annually so $240 per year.
+
+Fourth, way less eating out and fast food, and buying much cheaper lunches! 
+
+The above 4 changes are drastically increases my monthly available income that I can save every paycheck. I've never in my life had more than $1000 in savings, can't wait to break my record! 
+Saw a (darkly) humorous comment about someone habitually calculating how much they'd have made if they sold at the top. I do this myself like 20 times a day, but I'm rational and can chuckle about it. Which of these describes your situation?
+
+a) I had already sold (some or all of) my stack    
+b) I had a periodic selling schedule    
+c) I thought it would go higher (but not against selling entirely)   
+d) I was/am a true HODLer. I won't sell any amount for any reason or any price anytime soon.    
+e) I did sell most at the top but rebought too soon and still ate the downtrend.    
+f) I sold my entire stack perfectly within 15% of the top and either didn't rebuy or rebought at or below current prices. 
+
+I'm an A+B but have done better than the market. Curious about (1) your situation and (2) what you think others were doing. Also, do you know *anyone* who fits (f)?
+
+
+
+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).
+
+* 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!
+
+Currently I have ETH stacked at Coinbase which is not available for trading yet. But once it becomes available for trading I plan to trade with that and I expect other will do the same. Will that create an excess of ETH in the market and thus lead to a substantial drop in price? 
+Trying to learn and understand more about ETH.
+I used to think it did, it has been the reason I’ve invested in specific projects, but you know what, it doesn’t work. Not in an unregulated space where you can just develop a coin out of thin air and list it on random exchanges.
+
+You can have all the roadmaps and genius developers in the world, but the second you don’t deliver on those promises or the second your lead dev quits; the project tanks so far into the depths it could take years to recover, if ever. 
+
+Look at ADA, such high hopes for Cardano, so many promises, institutional backing, hype, devs..... trees in Africa. And now, the face of the company is accused of lying about his degree, among other questionable activities.
+
+Look at FTM, Andre, and Anton just deciding to peace out, closing 25 apps and services, dragging some of its projects down over 64%. 
+
+Just to name a few.
+
+I know we all tout “DYOR, make sure it’s a good team, and they have a solid roadmap,” but in the end, we’re all still just gambling.
+So, there I was. A happy remote contractor enjoying my job, even if contractors weren't always paid on time. 
+
+Then I was offered a promotion to a salaried role. The opportunity was to move to the UK to work on site for one year, in London, starting in January. Simple enough. 
+
+I was thrilled, but my husband and I were also already in the middle of moving internationally (Asia back to the USA) and our savings reflected those plans and cost of living.
+
+I asked my company what relocation assistance, if any, would be available. They said they'd get back to me, as I would be their first relocated hire. 
+
+They didn't get back to me. 
+
+Over the course of three months, I received little pieces of information when I've pressed for it, like my salary, holidays, and that I wouldn't need to pay for the visa fees.
+
+It wasn't until two weeks ago when I signed the contract I was told that we would be responsible for our own flights - they'll purchase the tickets, but the amount will be deducted from my next two or three paychecks.
+
+Now this morning I woke up to an email explaining that my husband's visa fees of £2000 will also need to be deducted from a few paychecks. The exact wording was an apology for "not telling you this upfront," but he simply wouldn't be covered.
+
+That's around £3000-£4000 deducted in our first three months in London! Not only is London rent expensive, but I'm an American with £550 in student loan payments every month. Not to mention I need to re-start our savings for moving back to the US, plus our baby savings. 
+
+I mean, I get it - these deductions aren't necessarily unfair. I would understand if the initial promotion offer included my visa fees, while flights and spousal visa fees would be our responsibility. If I were told this up front I could have at least made an informed decision. 
+
+I recognize now that I should've been more insistent to get these details in writing, but the company culture has been so good. I guess I'm just blindsided. We leave for London in a week and I've gone from feeling motivated to... Well, frankly, skeptical. 
+
+Tldr: Young and small company with a habit of not paying contractors on time promoted me to a salaried position in the UK, and hasn't been upfront & consistent about the costs surrounding relocation. 
+
+Are these bad signs or the honest mistakes of a small and growing company?
+
+My instinct is to smile, tighten my budget, and get to work with a lesson learned. Would you? What would you do or say in this scenario?
+
+UPDATE: I found an email where I was specifically told they would cover costs of the visas, so fingers crossed. I'm also updating my LinkedIn profile, though, and not about to hold my breath. Thank you for all the sincere responses to my situation. I really appreciate it.
+Hello,
+
+A few months back I made another post asking how to plan my wages so that I wasn't wasting it all every month (since I'm an apprentice and we get paid hardly anything), and so far it's working really well and managed to save up enough to buy my first car.
+
+But now I'm wanting to be able to retire at the age of 50. I'm really wondering what area I'd need to head into so that I can do this (real estate, stock market etc).
+
+Any advice will help as I have no idea how to plan this out.
+
+Thanks
+Was having a chat with a mate abut this and wondering what the broader consensus is. Personally I tend to splurge and for one month I use what I'd typically save and spend it on presents for the family. He's of the mind that you shouldn't be changing your savings habits just for a holiday. What's the  ausfinance consensus?
+I have incurable liver cancer and have been given a 12-18 month prognosis. I'm otherwise reasonably fit, though that's expected to decline as my disease progresses. I have Life Insurance and TPD insurance via Superannuation.
+
+**Do I claim both, or are they exclusive?**
+
+I'm meeting with a lawyer next week who will probably answer this, but I'm trying to keep busy as a distraction by learning as much as I can.
+
+**Any questions I should make sure to ask him?**
+Good evening apes,
+
+I hope your wife's boyfriend is treating you well.
+
+Seeing everyone celebrating the Melvin Capital shutdown today made me feel compelled to provide a little bit of clarity as to what's going down.
+
+Is this a reason to celebrate?
+
+Yes. Gabe Plotkin and his crew lost over 50% of the value of the fund while short GME, and decided to close the doors on the fund forever.
+
+But its not so simple.
+
+Gabe lost half the money in the fund, but he didn't lose all of it. So why shut the door on the fund for good?  Let's dig a little deeper.
+
+First we must look at how Hedge Fund's make money. Most commonly they follow the 2 and 20 fee schedule.  This means they get 2% of the total dollars invested as well as 20% of the profits above a predefined benchmark. Some of the most renowned managers will take 20% of profits without this benchmark.
+
+Due to this fee schedule, it can become incredibly difficult for a HF that's down significantly to be able to earn their 20% profit incentive.
+
+So what did Melvin do? They closed down the fund, knowing they wouldn't be earning their profit incentive. I think it's extremely likely they just go and open another fund so they can start earning that profit incentive right away.  I can't even begin to explain how morally corrupt and criminal this is.  Rather than work harder to earn the investors money that he lost, he just bails on them at a huge loss to go earn higher fees elsewhere.
+
+These are the greedy bastards we're up against.
+
+Talk soon.
+
+u/dan_bren out.
+
+TL;DR: Melvin closed his Hedge fund so he can open a new one to earn higher fees.
+
+Edit: Appreciate all the comments and links to the public statements surrounding this. I'm not convinced.
+
+I think he's more likely to open another fund than he is to go to jail for financial crimes
+
+Edit 2: Gabe had a very good reputation in the HF business.  His previous investors were obviously pissed. Big money wants the returns he was producing. He'll get the capital elsewhere. They understand that without the performance fee many valuable members of the team would look to work at other funds.
+My girlfriend has a number of student loans (some federal, some private). She has always had a 750+ credit score and checked it this morning only to find she now has a "poor" score. She dug in and found out that one of her student loans is delinquent for non-payment. After investigating she found that the loan had been sold....but she has no record of this happening and thus didn't realize that her autopay was not working anymore. 
+
+Does she have any recourse in this situation? She can pay the entire delinquent balance right now....what can she do to make sure the provider works with the agencies to get this delinquency expunged? 
+
+Thanks so much in advance for any advice!!
+No matter what the intent was. This was stupid as fuck. Some non-ape people bought on the promise by the MSM it would go parabolic. They got burned.
+
+Some of these burned people are gonna be disappointed and paperhand. And some of these people will wake up and be pissed enough to diamond hand and start researching. Guess where they're gonna end up?
+Here.
+
+So welcome new apes. Best start reading the DD in our library. I'd recommend you start with "house of cards" and "the dollar end game". And then figure out how to DRS your shares so you actually own them. And by the way, $36 dollar is still pretty cheap for your moonticket.
+
+Cheers everybody!
+After tax our monthly income is about £3600 and we are stugging to buy a house. The largest mortage we can get is around £260k x 4 our gross income which still leaves us needed a £200k deposit to buy a house. How do people manage this? We don't spend anything on luxuries, don't eat out or order out. I am over 40 and i just fear never being a homeowner
+I am brand new to all this and am learning. 
+
+Sorry to ask such basic questions, but…
+
+1- is it better to pay Vanguard fees from ISA or bank account?
+
+
+2- if I open an ISA this year, can I keep paying into it next year (until reach max £20000) as well as open another ISA next year? 
+
+
+3- is it best to leave the money earned from a S+S ISA in the ISA or put into current account? 
+
+
+4- if I take the interest out, do I have to declare it? 
+
+
+
+TIA
+We get at least one, sometimes more, per day, that boil down to "learn some basic portfolio management," "don't do stupid shit with options if you're stupid and new," "calm down," "calm down," "CALM DOWN," and "markets don't move in a straight line."
+
+​
+
+Can we ban these kinds of meaningless karma-whoring self-stroking "AdViCe" posts please
+
+​
+
+thank you for coming to my TED talk
+My daughter was having severe stomach pains while at college so she went to the hospital in Statesboro, GA and they ran some tests, did a CT on the spot, didn’t find anything wrong, and sent her home to follow up with her PCP. We never learned a cause and it hasn’t happened again. Later we got the bill and it was over $15,000 with our outstanding portion almost $7000. I guess the only hospital is town is not “in network” and instead is in the “savings tier” so they only covered 30% and it looks like the hospital added a $3000 adjustment (I’ll post the bill below). We’ve already called to see why it was so high and the only thing they said was if we pay it off we can get a 20% discount. $5500 is still way more money than we have. They offered a payment plan as well, but I want to try an get it reduced further first. Can you all help me figure out the itemized bill and offer some tips to get this fixed, please? Some of the the prices charged seem outrageous, 7 grand for a Ct scan not the least of which. Thanks in advance. 
+
+https://imgur.com/a/BbhjNnG
+My daughter was having severe stomach pains while at college so she went to the hospital in Statesboro, GA and they ran some tests, did a CT on the spot, didn’t find anything wrong, and sent her home to follow up with her PCP. We never learned a cause and it hasn’t happened again. Later we got the bill and it was over $15,000 with our outstanding portion almost $7000. I guess the only hospital is town is not “in network” and instead is in the “savings tier” so they only covered 30% and it looks like the hospital added a $3000 adjustment (I’ll post the bill below). We’ve already called to see why it was so high and the only thing they said was if we pay it off we can get a 20% discount. $5500 is still way more money than we have. They offered a payment plan as well, but I want to try an get it reduced further first. Can you all help me figure out the itemized bill and offer some tips to get this fixed, please? Some of the the prices charged seem outrageous, 7 grand for a Ct scan not the least of which. Thanks in advance. 
+
+https://imgur.com/a/BbhjNnG
+Time ago I read a book about when to entry a stock's trade based on charts' patterns (ex buy when there is a breakout after a consolidation period), few days ago I though (as a long term project) to start implementing a machine learning network / model (I don't know the exact words) to find the patterns the book suggests. I don't have any experience with ML I do have experience with python though,  so far what I thought is to scan the charts I find on the book, unfortunately there are only around 20 examples/charts on the book and the quality is not great  (already here I'd like to know if this is enough as samples' base) after to get the data through an API key, plot it into charts with a library like Matplotlib and pass them to the network to filter the ones with the possible patterns. Assuming this steps are okay (if not please tell me), which type of network shall I use/study? 
+
+This is an example of chart I find on the book
+
+https://preview.redd.it/zlir9s91n1y51.jpg?width=1600&format=pjpg&auto=webp&s=04d8cc3e14dd8cda81b270223ec2d90398d35249
+Two questions for discussion:
+
+1. I've heard the case (probably not the only one) that because there is more algotrading going on, that if / when  the market starts to tank, the bots will make things worse because they won't have experience to draw upon and all the bots will sell making things worse.  True or false?
+
+2. Everytime I mention to someone that I have been working on algotrading, almost everybody these days equates algorithmic trading with machine learning (ML) and it frustrates me because algotrading doesn't necessarily = ML.  (My style would not fall into this.) Anybody else feel the same way?
+Hello folks.  
+  
+At my job, i sell life insurance solutions (in switzerland).  
+  
+But my job does not make me happy, even if the salary i have, based on provisions, is good. For example, my january salary was 20k. But i dont like my job, i hate it.  
+  
+I started trading 8 months ago and i am 90k up, mostly due gme and some other trades.  
+  
+I want to make my own thing, and start to trade as a full time job. I have 400k to start. But i am unsure if i should do it.  
+  
+I earned more with gme in 3 days then i usually earn in a year. I know that this was luck and also is ilusional. I dont even want to get rich. I just want to do my own business.  
+  
+I need 70k in a year to maintain my standard. Should i risk it, for my freedom? In my opinion, 400k should be enough to start that shit. Need the wisdom of some internet strangers now. Thanks in advance. Peace
+1. I have adhd  and lived with it for years without medication. I started taking Adderall 3 months ago. It is great for focus and my trading knowledge has improved 100% . But my trading results for the last few months has gone down since started taking it . . Since i started taking Adderal i seem to make more impulsive trades. My mind goes alot faster and so i don't have as much patience waiting for setup. I stopped taking it last week so going to see any difference . Any one else have this problem with trading and aderall ?
+My brother and I live together and he got our mortgage under his name (at the time I was in university), we've been meaning to get my name put on the mortgage for a couple years now but just never got round to it.  
+
+​
+
+Anyway, jump forward a couple years and we're looking at re-mortgaging to pull some equity from the house, I'm just wondering, can we re-mortgage and put my name on at the same time, or do we put my name on then apply for a re-mortgage?  
+
+​
+
+Any help appreciated, this sub has been extremely helpful so far.    
+
+Thanks.
+Im really nervous. The bond market has started to shit the bed and soon the stock market. 
+
+I trust in GME but holy fuck shoot me if I’m not scared for what’s about to happen if I read endgame and milkshake from u/Peruvian_bull right. 
+
+I read the DD but I can’t understand what the world monetarily is gonna  look like when the dust settles.
+
+I just need some reassurance 
+
+#IS EVERYTHING GOING TO BE OK?
+
+IN GME I TRUST
+
+
+^MAY ^CTHULHU ^HELP ^US
+
+
+
+
+Note: I forgot to take my anti-depressant/anxiety meds the day I wrote this. That’s why this is in stark contrast to my “normal” posts
+I want to hear about financial goals from fellow college students and high schoolers waiting tables, sacking groceries, etc. Let’s see those numbers! What’re your savings rates? What’s your net worth? What career are you studying for?
+
+Additionally: how did you find out about FIRE? Have you told your friends and family and if so, how did they react to the idea?
+[https://www.marathonpg.com/news/press-releases/detail/1220/marathon-patent-group-and-dmg-blockchain-solutions-to-form](https://www.marathonpg.com/news/press-releases/detail/1220/marathon-patent-group-and-dmg-blockchain-solutions-to-form)
+https://www.bloomberg.com/news/articles/2018-01-30/amazon-berkshire-jpmorgan-to-set-up-a-health-company-for-staff
+
+I'm excited for this.  Finally, some real competition in the health care industry. Feeling sick? Tell Alexa and see a doctor in 2 days with Prime!
+VeChain provides tremendous opportunity for the quality assurance market for both investors, consumers, and companies. The current team and roadmap has a lot of potential and the product is continuing to develop. Its recent price action and popularity has put it on the radar for many companies and investors. 
+
+For investors, with Thor power, it provides a passive income. Long term, you want to work less not more. Additionally, you would be able to trade the crypto assets for a profit. VeChain is considered as one of the more undervalued crypto assets at the moment. 
+
+For consumers, it proves quality assurance and allows systems to integrate together more seamlessly. Imagine a refrigerator that is able to assure both the quality and freshness of the products within it. 
+
+For companies, the decreased cost of transactions due to blockchain could save tons of money and decrease cost for consumers. Imagine removing the payment middle man such as VISA or the bank and companies now have 2-3% more room to lower costs. 
+For anyone who hasn't seen any of my previous posts on this, here's a little recap (including how this might relate to $GME) ...
+
+For several weeks now I have been seeing wildly incorrect carry values on deep out of the money $BKNG Puts. The carry values should reflect the midpoint between the bid/ask. Options contract prices are multiplied by  100 since they cover 100 shares. So an option with a bid/ask of  $.40/$.80 should have a carry value of $60.
+
+The problem with incorrect carry values on options is an account could look solvent when it is, in fact, very much insolvent, necessitating a  margin call. This might be especially handy in the middle of a stress test.
+
+Now Citadel and other major players in the GME saga happen to carry a bunch of these Puts ($BKNG specifically, and many others generally). You can see the details here for yourself ([https://whalewisdom.com/stock/pcln](https://whalewisdom.com/stock/pcln)).  You'll find Citadel's holdings on page 13. Whether or not Citadel still carries a bunch of $BKNG Puts, and whether or not those Puts are affected by this "glitch," I do not know. One thing I do know is everyone needs to be aware of this, and this "glitch" needs to get fixed  ASAP.
+
+You can read more about this in all my previous posts on the topic (with tons more examples of this total fuckery):
+
+[https://www.reddit.com/r/Superstonk/comments/narm2p/activate\_superduper\_free\_money\_cheat\_code\_may\_12/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/narm2p/activate_superduper_free_money_cheat_code_may_12/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/n9y4ke/more\_super\_hot\_cheat\_code\_action/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/n9y4ke/more_super_hot_cheat_code_action/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/n71ae1/more\_bkng\_cheat\_code\_fuckery\_at\_least\_seems\_like/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/n71ae1/more_bkng_cheat_code_fuckery_at_least_seems_like/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/n5ijpz/is\_someone\_using\_the\_bkng\_cheat\_code\_again/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/n5ijpz/is_someone_using_the_bkng_cheat_code_again/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/mz1yr9/is\_it\_possible\_for\_an\_account\_to\_offset\_losses/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/mz1yr9/is_it_possible_for_an_account_to_offset_losses/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/n782c1/putting\_out\_an\_apb\_on\_mispriced\_otm\_puts/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/n782c1/putting_out_an_apb_on_mispriced_otm_puts/?utm_source=share&utm_medium=web2x&context=3)
+
+................................
+
+Now for today's option pricing dumpster fire:
+
+https://preview.redd.it/b5mqgioaowy61.png?width=2124&format=png&auto=webp&s=8f5bc5a2fe084c951e5cd3730f834af87cbf0e8e
+
+https://preview.redd.it/94vmqcusnwy61.png?width=984&format=png&auto=webp&s=e7e7f1a4cc04fae12e20ee81ce9fe6eb0407b0ab
+
+https://preview.redd.it/xjzoatocowy61.png?width=952&format=png&auto=webp&s=54a70378b733660cbc0fa989d2ac78a8ba51be5a
+
+**Once again, the carry value (the value these Puts add to my portfolio) is completely disconnected from the bid/ask and previous price. In fact, it's disconnected from all reality.**
+
+As always, this is not financial advice, and purchasing OTM options are generally a  terrible, terrible investment. For anyone thinking there is "free money" here, there is not. This is about false carry values, and how this phenomenon has the potential to make an insolvent account look solvent. There is no real value to these puts, which is the problem I'm trying to highlight.
+
+​
+
+Edit #1: Yesterday, Friday, May 14, 2021 ... my Put carry values all checked out. Nothing crazy. Which is crazy. First time in weeks.
+
+To celebrate, here are some new thoughts on the state of the market: 
+
+[https://www.reddit.com/r/Superstonk/comments/ndaad2/dd\_saturday\_special\_robinhood\_citadel\_options\_and/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/ndaad2/dd_saturday_special_robinhood_citadel_options_and/?utm_source=share&utm_medium=web2x&context=3)
+[According](https://www.sportskeeda.com/esports/the-internet-thinks-faze-kay-server-jail-time-cryptocurrency-scams) to Esports Talk, the charges against members who have committed the scam include charity fraud, along with SEC and FTC violations and more. If convicted under these charges, Kay and suspended FaZe members can see up to a million-dollar fine and 30 years in prison.
+Hey nerds. My grandpa-in-law is 84 and we just got a call from his ER doc in MD that he is in military style lockdown and presumably won’t make it through the night.
+
+Imagine you get a call that someone you love is dead to rights and you cannot say goodbye.
+
+Really, stop and think about it.
+
+I’ve just started my WSB journey in the end if feb and I’m up a little over $25k. I’d give literally all of it back to be able to hav my wife and I say goodbye, because this man is dead to rights.
+
+There is a cost to everything. A lot of you won’t understand it at all. Some of you will understand it when someone you love dies. It is entirely possible, especially now.
+
+Just don’t fucking dance, whatever side of the line you’re walking on:
+
+Tl;dr: fuck you, SPY 185p 4/10, and fuck you, don’t feel good about it you fucking pussies.
+
+---
+
+*E: thanks you glorious queers for the mix of actual compassion and telling me I'm stupid. It made me smile. Doc called this AM, outlook is still grim, but the old bastard made it through the night. Lot of grit, apparently. I know I used 'dead to rights' incorrectly; mix of emotional drunk retardation. Thanks nonetheless.
+u/atobitt was on AndrewMoMoney's stream just a few minutes ago and he needs our help! We need to scour EDGAR for any connections to convertible bonds and any of the Citadel companies. He is putting together another DD. 
+
+EDGAR lookup  
+[https://www.sec.gov/edgar/search/?r=el#](https://www.sec.gov/edgar/search/?r=el#)
+
+(I put this as news flair, but I really have no idea what to flair it as. I just didn't want to get killed by flairing it as "DD")
+
+Edit-1: I forgot to say, just post it here. I don’t know if he wants his messages blowing up.
+
+Edit-2: Ok guys I have gotten messages from a lot of people saying that he addresses convertible bonds in an edit of his last post. With that being said, keep looking for connections between Citadel (and their plethora of other companies, funds, llcs, and ltds). Austin specifically listed 7-8 companies in his “EVERYTHING short” DD (I can’t remember them off the top of my head, but they are there). There is a reason HFs and other institutions do this shady crap.
+
+The past few days I have gotten familiar with some financial jargon related to these filings, if you’re as interested in this, keep looking for connections. The great DD’ers are putting out A++ stuff, but I’m a firm believer in having more eyes on a problem. If you don’t feel comfortable (or the time) researching that’s completely okay and I don’t think anyone between Superstonks or GME would fault you. 
+
+I’ll end with this, thank all of you smooth apes, wrinkly apes, wavy apes and all apes in between. I don’t really feel comfortable getting these awards, I haven’t done anything groundbreaking, but if we all work together even in the minutiae, we can accomplish anything. We may even write some Shakespeare by accident. #RunOnSentences
+source is CoinGlass on the numbers. Eventually they are gonna run out of fake bitcoin IOUs to print up out of thin air. There's only 1,843,794 bitcoin left to be mined and it looks like 657k got sold "pre-mined" (not that kind of pre-mine)  via future contracts. Few acutally understand this.
+I've been reflecting on a conversation I had the other day with my manager who happens to be the VP of the company I work for. 
+
+He mentioned to me that his friend is taking a year off from work to pursue personal hobbies and to refresh/destress. He thought it was absolutely ridiculous and couldn't understand how the guy can financially do it ( I'm assuming his friend is in his late 40s early 50s). 
+
+I told him that I follow some FI/RE fourms and that his friend has probably been working towards this goal and is financially comfortable. His response was that even if you had 3 million in the bank, even with the 4% rule it doesn't make sense. He thinks that anyone who would want to retire early would need to save $150k a year for 20 years to hit that goal which in his words were "Not close to possible". 
+
+This blew my mind because this guy is incredibly smart. He is a major contributing factor to the success of the company,  is an amazing problem solver and a great boss. He has run his own successful businesses and in general, is a wealth of knowledge. The fact that he doesn't consider compounding interest, tax advantaged strategies and living below your means is crazy to me. 
+
+Long story short is that we are definitely a minority. Not everyone wants to, or understands FI/RE. I think it's great that we are all working towards this goal and in 20 years I'm hoping we will still be on here reinforcing that it was all worth it. I hope everyone is having a good week and let's kick 2019's ass! 
+I've been a longtime lurker in this sub, even before I grew a pair and started dipping my toes into the market.  The variety of people, the thoroughness of their research, and the veracity with which they defend it, make this place what it is.  
+
+I only began trading as a side hustle at the start of the pandemic (with modest success).  My biggest wins came from WSB.  When the real push on GME started, I was there.  I was a bag holder of GME after January, but my bag wasn't too large  and I liked the stock, so I grew some diamond hands and held.  I started really following the day-to-day threads, reading every piece of financial news I could, watched Bruce eat his bagels, and developed a much deeper understanding of the market in general.  
+
+I don't listen to all the advice I see on here... and I don't blindly trust DD.  
+
+Why I feel I need to post today:  
+The mood in this sub has changed drastically over the last 24 hours.  The rift I see between the GME folks and the RKT folks saddens me greatly.  I don't know exactly how I fee about RKT... something just seems too contrived about it.
+
+I've seen some DD that suggests it's a HF ploy to pull people out of GME.  If that's the case, I don't think it will be successful.  GME apes are strong.  You don't just lose your diamond hands on a whim.
+
+I've seen other DD that suggests it's a HF hedge and their using this to boost their capital in order to better defend their position in GME/AMC.  This seems a bit more plausible to me, but I'm  still not 100% convinced.  A lot of people are posting massive gains (sincere congratulations). 
+
+What conclusion I have come to is this.  If I were a HF or a MM who needed WSB to fracture, I would seed disunity and distrust among the community.  I would send every bot or shill I could in every direction.  Some strongly defending RKT, some tearing it down.  Some screaming GME is dead, while others quietly suggest taking gains from RKT and rolling them into UWMC.  I wouldn't suggest a shit stock that I knew nobody would listen about... I would use my best DD and find something that could tear attention away from GME and tear the community apart.  And unfortunately, I think it's starting to work.  Just reading the daily discussion thread for today is like watching two 3-year-olds argue about what superhero would win in a fight.  
+
+I love this community.  I hope that some of you may read this and that it may make a small difference.  When it comes to money, it's easy to manipulate peoples feelings.  I just hope that in the end, Apes Together Strong is the sentiment.
+
+Good luck today everyone, and thank you.
+This post is just for people's unbiased opinion for the week of April 6-9 this is not financial advise and if you don't like it please don't post here. 
+
+If this is not allowed by admins please take it down
+I’ve discover in deep interest into stock trading recently and I’m practising myself on investopedia with paper money. So far I’ve read books on mental preparation and state of mind to enter the stock market with a good attitude. I want to avoid being part of the 95% who fail . My objective is to enjoy trading with some of my economy to swing trades (weeks/month hold) or long term trades (years). As a teacher I don’t have the time to day-trade with too much volatility stocks (which is fine since I’m more of a conservative and Patient kind of guy)
+
+So .. I’d like books recommandations to improve my due diligence capability and some to have a better ability to read charts. What would you recommend me?
+
+Sorry for errorA french is my main language and plz no : you will lose all don’t trade answers .. I know it’s a possibility and I want to give myself the best tools to make it through with the money im willing to lose (and preferably invest and make profits with)
+So I just started investing and I'm really interested in US stocks, but I want to avoid all of the exchange fees that some brokers charge. Which broker should I go with? I want to start off with around $2000 and then potentially invest more when I can.
+
+I just opened a Questrade account, but I was told that Questrade's most useful if you're an active trader. I'd consider myself as more of a passive investor, as in I just want to buy some shares and hold on to it for a long time. With that in mind, should I stay with Questrade, or should I just use my current bank (CIBC)?
+
+EDIT: Hey all, thanks for the comments. From what I've read, I'm gonna go ahead with Questrade for now over CIBC. Questrade's commissions are a little higher ($4.95 - $9.95 / share) than CIBC's ($6.95 / share) but considering that CIBC charges for ETFs whereas Questrade doesn't, I'm gonna go with Questrade. Also, I looked into Interactive Brokers, but I saw that there are inactivity fees per month and I don't see myself trading often enough to cover those fees.
+I’ve discover in deep interest into stock trading recently and I’m practising myself on investopedia with paper money. So far I’ve read books on mental preparation and state of mind to enter the stock market with a good attitude. I want to avoid being part of the 95% who fail . My objective is to enjoy trading with some of my economy to swing trades (weeks/month hold) or long term trades (years). As a teacher I don’t have the time to day-trade with too much volatility stocks (which is fine since I’m more of a conservative and Patient kind of guy)
+
+So .. I’d like books recommandations to improve my due diligence capability and some to have a better ability to read charts. What would you recommend me?
+
+Sorry for errorA french is my main language and plz no : you will lose all don’t trade answers .. I know it’s a possibility and I want to give myself the best tools to make it through with the money im willing to lose (and preferably invest and make profits with)
+Day before May 30 deadline provided by Kinder Morgan to pull out of the project.
+
+Profit sharing with Alberta.
+
+Transaction closes August.
+
+Federal government will sell the asset when buyer is found.
+
+Fed will cover any financial liabilities incurred from opposition in BC.
+
+
+http://www.cbc.ca/news/politics/liberals-trans-mountain-pipeline-kinder-morgan-1.4681911
+Massive drop today on profit warning and unidentified mining contract from 2016
+
+This stock/company is ... Risky with since significant drops over the years.
+
+
+ https://www.reuters.com/article/us-snc-lavalin-guidance-idUSKCN1PM1E9
+This post is just for people's unbiased opinion for the week of April 6-9 this is not financial advise and if you don't like it please don't post here. 
+
+If this is not allowed by admins please take it down
+I think a huge problem in this space is everyone calling the coin/token competing with the one they are invested in a "scam".
+
+All this does is hurt the general image of crypto making it seem like theres tons of scams in the space.
+
+Of course, there are scams in the space, but most of the top 100 coins that get called scams are not scams.
+
+This is an incredibly exciting new space with huge potential and interesting challenges that has captured the attention of thousands of developers around the world. There are lots of people that want to see what they can do with this new technology. We have no idea which coin or token will really be adopted one day, or which one will successfully scale to the number of transactions per second needed to support global adoption. 
+
+Calling other coins scams because you want people to invest in your coin instead first of all doesnt work and second of all is bad for everyone.
+
+Focus on the good things that the devs of your coin of interest are doing instead.
+If you are young & can hold out a few decades of safely storing & holding your btc, please do so. Bitcoin is going to be a very valuable asset in the next decades to come. To those who sold, nothing against you .
+
+Edit 1: Okay, thank you to everyone who has sent an award , so savage of you !
+
+Edit 2: Was tipped 1,000 satoshis in the comments , are you guys investing or inversen me ? Lol
+
+Edit 3: Thank you to everyone for all the feedback .
+I've been trying to figure out what the potential ups/downs are for holding onto my crypto as an investment and lately I've had a harder time justifying holding on. It seems like there was a period where we could've ridden the wave, but I'm not seeing that much upside. I bring up these potential points in hopes that someone can dissuade me of these concerns, but I'm pretty pessimistic at this point  
+
+
+1. User Interface: If money is all about trust then it's REALLY hard to get people to trust what they don't understand. Even at the height of crypto mania most people had no idea how a blockchain actually works. Add that to all the stories of people having their accounts drained, sending money to the wrong address, and the completely lack of insurance like FDIC and it strikes me that it would be pretty hard to get non-speculators to put significant amounts of money into crypto for safekeeping.
+2. "The unbanked/third world": I've actually been living in the third world on and off for the last six months, and I've got to say... it was HARD getting any level of interest in crypto from anyone. Even in countries with decent technical knowledge and a horrible local currency (Argentina), people were much more interested in using US dollars or online banking than in figuring out crypto exchanges
+3. NO ONE IS @#$@ING SPENDING IT. Like... SERIOUSLY. I have friends who WORK in the crypto world, and when I go out to dinner with them, or sell my speakers or ANYTHING, none of them are willing to pay me in bitcoin. It seems ridiculous to have a currency that everyone is holding on to because they're waiting for it to be worth more. There was even a report that over 90% of mined bitcoin hasn't moved at all in the last 6 months. That is **terrible** for a currency.
+
+I bring these up to start a conversation and would honestly love to hear other opinions about this.
+Lately we have seen many huge companies looking into crypto, even Mark Zuckerberg wrote he was looking into crypto. Kodak have announced they will join the party as well. Real world use and partnerships is very connected with price when we see Vechain, Walton and many other of the biggest coins are doing great on partnerships it tend to be followed up with a price increase. Which of the upcoming coins outside top 100 marketcap do you think have the best partnerships ?
+I hope others have been here before because man, it really hurts. I managed to save up almost 4k. 
+
+And then boom, car dies. Bought a new car for 1800, had to turn around and spend 1k to fix her up, and then I didn’t notice my radiator cap was busted so my car overheats on the highway. Immediately pay for a tow back home. 
+
+Then my glasses break, roommate springs up how I need to spot something for this month. And I have to eat so I got groceries. 
+
+Right now I have literally 80 in savings. And I feel very stressed, but I hav a car, new glasses on the way. And my new job that pays much better than my last job is finally giving me enough hours I just need to wait to see what those bigger checks look like… 
+
+
+But as of now, does anyone have any advice on building my savings back up? I feel sort of defeated from how life’s been and I have never spent this much money in such short time this quickly.
+So 5 stages of grief.
+
+​
+
+* **Denial**
+
+"nah it's just a correction"
+
+"It happens all the time"
+
+"Nah it's an extended cycle"
+
+​
+
+* **Anger**
+
+"fuck off! It's normal in a bull market, it's not always green! Are you new here?!"
+
+"FUD! Gtfo here"
+
+\*A mention of bear market gets downvoted to oblivion
+
+​
+
+* **Bargaining**
+
+"some green candles would be nice"
+
+"huge buy wall at ##k guys! It won't dip any lower than this"
+
+"Resistance holding up!"
+
+*People waiting for a pump to sell their bags*
+
+​
+
+* **Depression**
+
+"I should have sold when it was xx or xx"
+
+"get out, get some fresh air"
+
+"uninstalling exchanges yadda yadda"
+
+"stop looking at charts"
+
+*Less people are participating in this sub*
+
+​
+
+* **Acceptance**
+
+"time to accumulate boys!"
+
+"Next time I'll definitely sell and not be greedy"
+
+"Next time I'll have some sell points"
+
+"Bear market comments no longer gets downvoted much"
+
+*Moon ratio shoots up*
+
+​
+
+Are we slowly accepting now that we're in a bear market? The number of people is dwindling down. Silver lining here is moon ratio prediction is a bit higher.
+Just announced on a press conference by the Norwegian government. Sources:
+
+* [https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina](https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina)
+* [https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622](https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622)
+
+Edit (28.02.22 00:26 GMT+1): Russian central bank has ordered block on foreign clients' bids to sell Russian securities. Source: [https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/](https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/)
+This question is inspired by this assertion:
+
+​
+
+[ https:\/\/twitter.com\/AlboMP\/status\/1270113041401516032?s=20 ](https://preview.redd.it/32mvcp5qvs551.png?width=587&format=png&auto=webp&s=05b1c64062204f9e71222a2bc0bef0bf1ab8a49e)
+
+Indeed, [this ABC article](https://www.abc.net.au/news/2020-02-16/childcare-fees-more-expensive-than-private-school-costs-research/11961946) shows that Australian childcare fees can be as expensive as private schooling. But what is the cause of this? 
+
+* Are the suggestions in that ABC article correct about it being due to a lack of publicly-funded childcare? Or will public funding of childcare just lead to more inefficiency?
+* Is it really fair to [blame "corporatised NGOs and commodified care"](https://twitter.com/Progressive_Con/status/1272772554906730498?s=20)? 
+
+What can be done to fix this problem? Or is should this problem be left alone since anything we might do might just make the sector more corrupt and inefficient?
+Hi guys,   
+
+
+First off I'll start by acknowledging I'm absolutely stupid for selling an iPhone without having seen the funds in my account when they came to pick it up in person. To give context, they communicated ahead of time that they'd like to use PayID, which I agreed. I use PayID with friends all the time and never have any issues. However, they use Commbank, which apparently holds first time transactions via PayID to new people for up to 24 hours, a restriction I didn't know existed. It states it clearly on the Commbank website under the PayID FAQ, and when they done it with me on my doorstep it said it in both the app and the receipt that was generated once they sent it. I don't believe it was illegitimate, as we done it together with them on my doorstep, and when they entered in my mobile number it came up with my details via PayID as it should, and they emailed be both a receipt of it which I confirmed is a legitimate receipt from Commbank, as well as a screenshot of the app to be accomodating. However, because Commbank are holding the funds for up to 24 hours, I have no way of stopping them should they call Commbank and claim that it was a mistaken transaction and thus cancelling it.  
+
+
+My questions are as follows;  
+
+
+If they do call Commbank and cancel the transaction, am I covered by either Commbank or the law should I choose to try chase this up with Commbank or the police (providing all conversation transcripts, photos of the device I sold to prove it was working and in the condition I described as per the ad, and the receipts given from the buyer)?  
+
+
+And secondly, while I am placing my faith in them doing the right thing, I'm a little confused with the 24 hour hold. Is that 24 business hours, or just up to 24 hours regardless even though this took place on a Saturday?  
+
+
+UPDATE (as of 7PM 07/08/2022): I received the money for the phone, exactly 24 hours on the dot after the transaction, so it did come through. I appreciate all of your comments, it really helped calm me down and get me through the day. Thank you so much everyone.
+I am so disappointed that channels such as Carl The Moon, MMCrypto, DavinciJ15, Bitboy, and many others are the top Bitcoin youtubers. These morally bankrupt scumbags representing Bitcoin are making us look bad to the layman person.
+Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.
+
+Over the years I've become a little obsessed with FIRE, money, investing, etc, but I recognize I will never know everything. I love learning and reading about the topics and I love talking about it with people when I learn something new. Only problem is sometimes I feel like I may come across as a know it all. Anyone else run into this problem? Any suggestions? I try to ask them questions on what they do and what their thought process is but I don't think that is enough.  
+Edit: Just some added information that a lot of people have asked about. I have zero debt, as well as zero credit history. I am now aware that I need to work on that credit so that will be one of my first steps. Also looking into the 401k and am making a budget to follow. Also going to look into IRA since a lot of people have mentioned that as well.
+
+I have learned more about finance today from this post than the last 20 years combined. Thank you to everyone who posted the thoughtful advice, I appreciate it so much!
+
+Edit 2: I am aware that 30k is not actually that much money. This is normal entry level pay for my field in the area. This is my first job out of college and I'm just trying to start good habits early.
+I have capped at 150k as a small business owner. I see a path to grow more but incrementally and to actually increase my salary... and one day passive income. Maybe I can sell one day, I’m trying to build a business that is sellable. I get that an industry with higher margin would be the simple answer, but I’m just not sure how that works in practicality. To me it almost sounds like, yeah having a blockbuster idea with the perfect execution... but obviously easier said than done. So then I read about “jobs” paying $200k, $300k, $500k+ on here and apart from this place being filled with 90% anesthetist... what am I missing?
+I'm 28 years old and I'm getting pretty close to my fatFire goal. I'm doing a "fat-coast-fire" hybrid by filling up my retirement accounts now (401(k), 457, two IRAs, a SEP IRA, and an HSA) to a point where it would turn into some decently fat money by the time I turn 60 and will be able to access the accounts. Once I get the right balance in these accounts I'll stop investing and just enjoy all my income until 60, then start withdrawing. I anticipate having around $6 - $7 million by that time and withdrawing \~$20k/month. 
+
+I'm a high school teacher, but do quite a bit of online teaching as well and am able to earn about $250,000/year with summers off. I've found this fat-coast-fire savings plan to be the best option for me personally since I am very fulfilled by what I do, and it's a low-stress job. 
+
+I know that's not as fat as many people on this sub, but I think it might be too fat for other related subs so I hope I'm okay posting here.
+
+My main question is about healthcare. I'm starting to realize how much money I'm going to have 30 years from now and want to make sure I'm also investing in my health now so I can enjoy the money when it becomes available. Aside from getting regularly scheduled physicals, what other things are worth doing now that may have benefits later in life?
+
+I've heard so many stories about people who get some illness but "catch it early" so they can get it treated and avoid severe issues. How does one go about catching stuff early? Are there suggestions for any other regular screenings, blood tests, etc? I have great insurance as a high school teacher and I'm also ready to pay for anything extra that might not be covered by insurance. 
+
+I'm in decent shape and am pretty active, so I'm not necessarily looking for lifestyle suggestions. I'm trying to determine the most optimal routine medical checks so I can avoid any major illnesses in the long term.
+
+I'd also be interested to hear if anyone has experience with "medical tourism," which is when you fly to a country with low healthcare costs where you can get advanced screenings done (like an MRI) for a fraction of the cost you would pay in the US. 
+
+Thanks in advance for the suggestions.
+
+EDIT: I always get accused of LARPing when I post here haha. The public school teaching job gives a decent salary and great benefits. Online teaching is very lucrative. I offer a bunch of online classes that are asynchronous and self paced. I have thousands of students all over the country and make the huge majority of my income from them.
+Typically when Teaching English abroad or in Asia is mentioned it's thought of to be something broke backpackers do for a few months to sustain their travels.   When I first learned about the FIRE movement close to 4 years ago now, I had the opportunity to travel to South Korea to teach English.  I calculated I'd be able to save about $1000 USD a month.  Certainly wasn't going to FIRE me by age 30, but it was a lot better than I was doing in my home country (Canada) at the time.  
+
+
+Once I got there a few months in I discovered teaching English online as well, and was able to ramp that number up to $1500/month and eventually $2000/month.  
+
+
+A few years later, I've moved to China and now I'm saving over $4000 USD/month.  
+
+This is all after taxes, living expenses and multiple international travel trips per year as teachers in Asia get usually a few months paid holidays per year.  Granted I work 7 days a week when I'm not traveling.   But at this rate a person sound go from $0 - 7 figures in around 12 years.  
+
+Breakdown of how this is possible:  
+
+
+Starting salaries in China are around: $2500-3000 USD, within a year or two you can be between $4-5000 USD  
+Online teaching pays $15-20/hr   
+Private lessons pay $50-100/hr
+
+If a new teacher making a salary of $2500 was ambitious enough to teach an extra 20 classes a week online then dug up 4-5 privates a week they could earn nearly $5000 a month, and likely be able to save 60-80% of that.  
+
+
+Any other ESL teachers pursuing FIRE?
+We all know this will have been in the pipeline for at least a few weeks. Seems kinda well timed that Coinbase announces this two days after Bitcoin futures start up on the CFE.
+
+Not to mention that the BCH price was on a fairly sudden incline a good few hours before the announcement. 
+
+I dunno, could easily all be a coincidence in this market. I don't know if I really believe it myself, but it feels incredibly well-timed lol.
+Everyone's always talking about SEC and Obama and Trump and Biden and this bill or that bill and blah blah. But does it really matter that much what America does with crypto? Like.. Other countries are adopting crypto as currency, if China, Russia, UK, France, Germany, Canada all adopted some crypto as it's currency and USA bans crypto..... Is it that big of a deal for crypto? I just don't see how it matters in the crypto space if any type of regulation anywhere in the world presses itself on to it. Isn't one of the whole points with crypto is to not be controlled by any one entity?
+Have you noticed that despite the overall situation crypto market some DeFi projects continue to gain traction.  
+
+
+In the last two years, we saw the total TVL jump from  $10Bn in January 2022 to an ATH of over $110Bn in November 2021. Today the total value locked in DeFi sits at $74.5Bn according to Defipulse index.  
+
+
+It is clear to me this is a one-way road! Adoption will keep increasing and we can already notice that a few "regional" DeFi projects are emerging such as Tropykus and Pods Finance which are aiming to South American crypto investors.   
+
+
+I just attended to Ethereum Rio conference and there I had the chance to know a few interesting projects developing here in Brazil and South America and the one I liked most was Tropykus. The CEO Mauricio Tovar gave an emotional speech about how Tropykus is impacting communities in the region. I honestly hope they achieve what they want as it's not common to see projects with both a social and environmental touch, and as a Brazilian, I reckon we need that.  
+
+
+And the truth is - every DeFi degen has a favorite project - Aave, Compound, Anchor, Yearn, and many many others. I'm personally staking UST on Anchor and staking on Dafi Protocol and Binance earn (ok, ok, I know! Binance!? Yeah... the APY isn't the best but I believe my funds are safu, right!?)  
+
+
+Decentralized Finance is also making the most of this situation and it is obvious as projects keep churning out announcements of integrations & partnerships with other crypto ecosystems - the future of crypto and DeFi will be completely and totally multichain and integrated, just like [Skylar](https://twitter.com/skylar_eth) from Eth Foundation said on his speech yesterday at ETH Rio.  
+
+
+​
+
+[I know the picture I took doesn't illustrate what I said above. Posting it just to prove I was there - hehehehe.](https://preview.redd.it/j2d3hr5fzqn81.png?width=899&format=png&auto=webp&s=9bc3601be916c229ae1d5a6fc8176913ad19a989)
+
+  
+If you allow me I will use one my favorite DeFi project as an example.  
+
+
+DAFI protocol is making the best of the bear market by focusing mostly on building and developing while collaborating with crypto platforms. These include DeFi, GameFi, NFT, exchanges, etc. This is a significant move and it won't be a surprise to see major traction in terms of adoption. 
+
+​
+
+Out of the 30+ integrations and partnerships in the past couple of months, the ones that struck the chord for me are the Binance Smart Chain (BSC) network integration and the partnership with SolanaPrime. While the integration on  BSC Network significantly reduced gas fees, the partnership with SolanaPrime introduces staking 2.0 to all DeFi, GameFi, and Meterverse projects launching on the Solana-based launchpad.
+
+​
+
+The partnership with SolanaPrime makes DAFI more promising as its innovative technology of reinventing how every decentralized network is rewarded & will be exposed to a strong ecosystem that ultimately builds support for the platform and influences price.  
+
+​
+
+Notably, the sheer hard work and constant announcements of partnerships by the team is one more reason to bag DAFI and stake for some APY. For the likes of Brokoli Network and APY Finance, it’s #buidl time as more users start to delve into DeFi with staking and Yield farming.  
+
+
+Brokoli Network’s green DEX, dApp, API & NFT are set to help reduce DeFi’s carbon footprint on the environment while Tropykus wants to expand the access of financial services to South American communities which usually would never have access to this kind of thing.  
+
+
+The future is amazing and just like Skylar said yesterday "we're still early".
+So I've never dabbled in trading crypto before. I've been watching the Bitcoin markets go up and up since 2013 but never had the courage to cough up my own funds. Always felt I missed the boat; I was too late.
+
+Enter 2017, Ethereum. I still feel I'm early here.
+
+I've decided to divest US$2 million from my stocks portfolio and deposit it into Kraken. Over the next few months, I'm going to be putting it into crypto: HODLs as well as shorts and max-leveraged longs.
+Short term, I think ETH is going to correct at some point so I've opened a short position to start. Looking at XMR closely too.
+
+You can follow my trades on Twitter if you're interested.
+I'll announce them as they come:
+
+https://twitter.com/fomoer
+So just wanted to say to my fellow peeps this happens all the time. Don’t want you guys panic selling and losing lots of money because you forget crashes like this happen every few months. The market will come back and it will come back strong. Unless you are the type to add to your portfolio for a pretty big discounted price and you understand these crashes I recommend you just go live your life and stop looking at your portfolio for a few days. It will go back up it always does don’t let this scare you into selling all you have for a big loss. 
+
+It will all be ok. 
+Fellow apes, I know many of you, me included, have been through some tough days and hours. Many of you might even have stopped eating crayons or worse: sold your $GME stocks with huge losses. 
+
+I want to use this chance to tell you that not all is lost. Nothing is lost (until you sell in fact!). Of course I have no idea what I'm talking about - I'm really no one to trust in financial advice, so be aware. 
+
+But still I am using all these fancy indicators and am wondering why everyone is complaining. Trends in stocks need corrections, that's basic DOW-theory. And how much do they correct in general? A 0.5 Fib-retracement correction is very usual in almost all trends. They even sometimes correct a fib-retracement below. 
+
+So when you're looking at my chart now (very fancy, colors!, buy!) you will see that we're pretty exact around that retracement now. Furthermore price tried to go under EMA50 but directly went up again to the exact position of EMA50. Where are we now?  Correct, almost at EMA50 but NOT below. This is a hell of a support and we're not letting it fall below my fellow apes!
+
+Furthermore EMA100 and EMA200 are still showing upward movement, which is also good. 
+
+Last but not least MACD aims for its zero-line and might turn positive. You ask when? Hm, if you look at the MACD trend it might be soon! 
+
+As you can see, from my perspective everything is still fine. For disclosure, I'm stuck in the upper 300s in GME, and I won't sell before we reach at least four digits! 
+
+TL:DR: Trend is still fine, EMA50 is holding like a son of a bitch and we should see some upward movement soon. I like the stock and you should like it too. 
+
+​
+
+[My technical analysis on $GME](https://preview.redd.it/rwn267m02un61.png?width=2091&format=png&auto=webp&s=09182b5399332de89d5a0db97254e1762fad8278)
+
+Edit: Some of you have pointed out we shouldn't put dates on our analysis and I must say I agree. Although I see a very good chance of upward movement soon, we shouldn't link this to today or Monday. This might be a long time play, just see when DFV started posting about his YOLOs, this wasn't for the short term.
+The price literally did go parabolic. That S3 shithead knew he was misleading people, but he didn't lie. Parabolic means up, and down. What we're waiting for isn't parabolic, it's exponential.
+Has anyone got access to the full article please? Please paste in comments if you do. Thanks
+
+ [GameStop’s Most Loyal Shareholders Are in It for the Long Haul, Not the Memes - WSJ](https://www.wsj.com/articles/gamestops-most-loyal-shareholders-are-in-it-for-the-long-haul-not-the-memes-11622971801)
+I see a number of posts on here about people hiding bitcoin purchases from their spouse (married significant other). Or how people are upsetting their spouses with their bitcoin purchases. 
+
+This is not a bitcoin issue. This a marriage issue. 
+
+Take the time to work an intentional plan with your spouse. Set goals. Make a monthly budget. And decide what to do with your money together. 
+
+Your financial life is much more than just bitcoin. And you and your spouse should be working as a team. 
+
+If you disagree on allocation into bitcoin, talk about it. Set a plan where you achieve your financial goals together, and teach your spouse how bitcoin might be part of that. And be open minded enough to understand that your spouse has goals that are more than just stacking sats.
+There's 2 ways of looking at "sell in May and go away".
+
+1. You can look at all the years in the past. The odds of the market going up vs. down are 50-50. "sell in May and go away" isn't consistently bearihs
+2. You can look at all these cases in which the stock market first fell from January - April. Same result. May-September not consistently bearish
+
+https://bullmarkets.co/study-sell-in-may-and-go-away-when-stocks-are-down-ytd/
+Hey everyone, 
+
+I know we are all excited about Evergrande being a catalyst to a market correction which in turn sees GameStop go to Uranus, but I wanna remind everyone of the gravity.
+
+A lot of people are losing everything in China. I know there’s typical anti China rhetoric that people throw around like it isn’t racism, but I just want to reiterate that regular people are going to lose everything. They are just regular folks, who invested in property because their government made it one of the only avenues, and one that looked to be somewhat guaranteed. 
+
+I’m excited to have our company boom but remember it is a shame to be off the back of hard working people, no matter where they live. 
+
+Hope this doesn’t get smashed with negativity, just remember that Chinese people are not their government.
+ **The "Meme Stock Basket"**
+
+The existence of a "Meme Stock Basket" has long been talked about, and [u/criand](https://www.reddit.com/u/criand/) has posted excellent DD on the theory of SHF using swaps to discreetly short these stocks in to the ground. I lack the intelligence to talk about this in any great detail and would urge you to read the previous DD for more details on this.
+
+Following yesterdays run up, starting with bathroom off the back of their share buy back program acceleration, it became glaringly obvious that all the other "meme stocks" were also moving in tandem, which confirmed my bias on the basket theory.
+
+I acknowledge this is a GME only sub, however the intrinsic link between these unrelated companies and their stock prices is to high to be ignored.
+
+​
+
+**What the fuck is a meme stock anyway?**
+
+This is an endearing term given to these stocks by MSM. I believe it was coined to cast a negative sentiment on a group of stocks that their hedge fund buddy's are in a tough spot in.
+
+​
+
+**Retail Sentiment**
+
+The basket is thought to move in cycles and we have seen this to be the case.
+
+What I have noticed is several attempts to push fake retail sentiment in to the sub(s) which I believe is intended to mask the fact that the increased volume in times of price spikes is being driven by retail.
+
+We have seen original sub go up by millions of accounts, the korean ants, crypto gang, the r all push last week and movie stock searches being massively up in China.
+
+These seem to pop up always around the time of a jump in price.
+
+​
+
+**Ryan Cohen Twitter**
+
+I love a bit of tin foil rabbit hole as much as the next ape but perhaps we have been over theorising the meaning behind these tweets.
+
+If you take a step back and look at them in the context of the "Meme Stock Basket" it becomes clearer that RC could be aware of its existence and has been pointing them out to his followers all along.
+
+I have gone through all the tweets and whilst there are some I cant quite connect, I believe the below maybe a fit:
+
+​
+
+https://preview.redd.it/m9n05gcprdx71.png?width=1739&format=png&auto=webp&s=5e238ad269d7f89a31ac0236249a68cd3e220ae4
+
+ Peaks Jan 27: 
+
+​
+
+https://preview.redd.it/68mnosxqrdx71.png?width=602&format=png&auto=webp&s=49b866d0d7dce73af6bae5825054fd7e4770c28c
+
+​
+
+https://preview.redd.it/zoba79mrrdx71.png?width=1532&format=png&auto=webp&s=57507dafc3ee9f3d985b3fedfd02e4d632f98f38
+
+ Peaks Jan 27: 
+
+​
+
+https://preview.redd.it/8s3ct42trdx71.png?width=563&format=png&auto=webp&s=0a8239c3ed0e2dd44878b8a779398c43029f585d
+
+​
+
+https://preview.redd.it/xzepldstrdx71.png?width=1575&format=png&auto=webp&s=27490407a276809351dac71d022aca84882a4e17
+
+ Run up begins Jan 27 to peak 10 Feb: 
+
+​
+
+​
+
+https://preview.redd.it/bbmr2y9vrdx71.png?width=427&format=png&auto=webp&s=c9f56901381c430110d0f4799ba82005c7b6028c
+
+​
+
+https://preview.redd.it/xngty2zvrdx71.png?width=1577&format=png&auto=webp&s=b5d54c948e25140c0ca35cd892cf1c7c9e1b9d34
+
+ Peaks Jan 27: 
+
+​
+
+https://preview.redd.it/8r2l3t9xrdx71.png?width=602&format=png&auto=webp&s=f3841b5e9a2b203194c0061cb01c63a6af1d5177
+
+​
+
+https://preview.redd.it/ur0avxiyrdx71.png?width=1606&format=png&auto=webp&s=652c59ecea84f4e3a63fe290d8f3aee55673d378
+
+https://preview.redd.it/z7lrcz09sdx71.png?width=602&format=png&auto=webp&s=4e04708d71a2b048f2fe77ab7ec4546fe34b76a2
+
+​
+
+https://preview.redd.it/3yd8e7s9sdx71.png?width=1607&format=png&auto=webp&s=af6dfed36529aa848c6c9602b6e069f02aa53f5b
+
+https://preview.redd.it/xfiq4xkasdx71.png?width=1604&format=png&auto=webp&s=ec16214d16c9467bbd98d1554bc183459af8ff73
+
+​
+
+https://preview.redd.it/m4jllelbsdx71.png?width=1606&format=png&auto=webp&s=aa80d93c358d2d38c91622b1f2846aed356e62d9
+
+https://preview.redd.it/qylljbrcsdx71.png?width=1605&format=png&auto=webp&s=1e0653dab454ba5d443b5dfe3597d04e705bf72e
+
+https://preview.redd.it/x4ng4xvlsdx71.png?width=1600&format=png&auto=webp&s=b897966534cc5a3c14e0770a8d0bff42c82b40d4
+
+https://preview.redd.it/dziqocrmsdx71.png?width=1597&format=png&auto=webp&s=d62059dc7e2d75b134621b0a928812c603c90db4
+
+​
+
+https://preview.redd.it/zgl9uc9rsdx71.png?width=1606&format=png&auto=webp&s=5c22e77c213944086b84c6d9be68846169e44864
+
+​
+
+https://preview.redd.it/515upd5ssdx71.png?width=448&format=png&auto=webp&s=7ac63bc0bb7c006f02913705890ea17ea98af7ef
+
+​
+
+https://preview.redd.it/8rafuf3tsdx71.png?width=1586&format=png&auto=webp&s=9f55d820fe5a8f7b954e0f047e5cb1f5b19d8bea
+
+​
+
+https://preview.redd.it/jwgzgafusdx71.png?width=1641&format=png&auto=webp&s=060a79c4d49bbacf48808308b63e888dd7ebefe4
+
+ 
+
+My takeaway from looking at these again is that RC is fully aware of the basket and has been alluding to this throughout the saga.
+
+I firmly believe that GME is the main play here, it is unique in regards to the short interest, low float and retail sentiment.
+
+This basket is getting heavy and any one of these, as shown by yesterdays run, could spark the catalyst needed to kickstart the MOASS.
+
+BUY HODL DRS
+Based in the following link Palantir has lock-up period (ends on some day in February) after direct listing and after that anyone hold stocks while direct listing can sell stocks,, which may lead to price drop. This will happen because large influx if stocks to sell.
+
+If someone wants to invest in PLTR you can start position around lock-up period end date.
+
+I have no position in PLTR. I came across this article and sharing with you guys.
+ [https://seekingalpha.com/article/4390842-palantirs-lock-up-period](https://seekingalpha.com/article/4390842-palantirs-lock-up-period)
+Hi,
+
+As stated in the title, I'm nineteen years old, without a job, and soon to be homeless. I have about $180 in the bank, with around $300 placed on "temporary hold" by my banking institution. My vital records (birth certificate, SS card) were stolen out of my bag while homeless previously (not the first go around). I do not have any friends or family to stay with temporarily. I am currently looking for a job but am deeply unsure of how exactly to attain and maintain a job while totally homeless...I've been told to join the military on some occasions, but my eyesight is putrid (-5.5 prescription) and I'm certainly not the military type. I also do not have my contacts or glasses and don't have enough money to afford new ones, meaning it can be difficult for me to function in a daily work environment which includes, well, vision. I really don't know what to do at this point. Someone please help me out.
+
+
+
+
+
+
+
+Quotation from a  [morgan9471](https://www.tradingview.com/u/morgan9471/) on TradingView, all the real DD goes to him:
+
+​
+
+>This is my first idea I'm publishing to TradingView, so I'm eager to hear your thoughts/criticism.  
+>  
+>The  premise starts by stating that RIOT is highly correlated to  BTC  /USD,  given how the business model is  BTC   mining that seems fair. As such,  with the recent increase in  BTC  /USC RIOT has gained also, but  sometime on Feb  9th   it started diverging from  BTC  /USD and has only  increased the divide since then. Why? There hasn't  been a single  catalyst coming from inside the company and it doesn't  hold any  BTC    and is a money losing operation while trading at 1288 times last  quarter's  earnings . So my guess is that there's no reason to sustain  this diverges and thus we'll go down from here.  
+>  
+>I'm not going to say it's going bankrupt, but it should revert back to being tightly correlated with  BTC  /USD.
+
+Note:  Other comments suggest that the current boom is due to a press release  stating RIOT has begun using a newly acquired haul of bit mining  hardware.
+
+Source: [https://seekingalpha.com/news/3661232-riot-blockchain-stock-climbs-as-new-miners-to-boost-capacity-to-1-ehs](https://seekingalpha.com/news/3661232-riot-blockchain-stock-climbs-as-new-miners-to-boost-capacity-to-1-ehs)
+
+​
+
+>My prediction/guess - it reverts back to $33/share level.I've  dug deeper into RIOT since I saw some comments about their  historical  price. The company goes back to the year 2000, which seemed  odd for a  blockchain company. **After  reading their 2016 10-K report I  learned that up to later 2017 it was a  failing biotech company called  Bioptix (also having gone by the names  Venaxis and Aspen Biopharma).  They were going out of business but then  in 2017 the CEO rebranded it to  RIOT and started mining bitcoin.**  
+>  
+>**There  was even an SEC investigation (dropped in February 2020) into the   company. The investigation was due to possible securities fraud given  how they pumped their stock by adding "blockchain" to their name.**
+
+Second page of RIOT's annual report: [https://ir.riotblockchain.com/annual-reports?page=2](https://ir.riotblockchain.com/annual-reports?page=2)
+
+Quick search of "RIOT SEC investigation", bullet point from CNBC:
+
+>The SEC charged 20 people and entities in September for what it called “classic pump-and-dump schemes.”
+
+Source: [https://www.cnbc.com/2020/01/21/former-riot-blockchain-ceo-to-settle-for-alleged-market-manipulation.html](https://www.cnbc.com/2020/01/21/former-riot-blockchain-ceo-to-settle-for-alleged-market-manipulation.html)
+We are looking for new mods to recruit. If you have any recommendations for someone who would be good for mod, please tell me below. If you would like to be mod, please tell me about your modding experiences and why you want to be a mod.
+
+We would prefer people already active on r/pennystocks and someone who has an account older than 6 months.
+Apple's repatriating ~250 Billion dollars 
+
+https://www.apple.com/newsroom/2018/01/apple-accelerates-us-investment-and-job-creation/
+
+https://www.macrumors.com/2018/01/17/apple-350-billion-us-economy-boost/
+
+
+If they will raid and bust open 800 safe boxes with no evidence or arrests, image how easy freezing accounts is. I can hear it now 'Yes the money here is showing to be from your paychecks, but can you prove its from your paychecks?'.
+
+[Cant buy Bitcoin if we steal all your money first.](https://preview.redd.it/1ocatkjd9ho71.png?width=482&format=png&auto=webp&s=55ecc7a32a86254efbb4ef28f6bd6cc86fef41a9)
+
+They forced a retired chef to prove where he got $57,000... They said 'he sold bongs part time so he had to be a drug dealer'... If only there was some better way for people to store money. I would say Bitcoin but those boating accidents raid more than the FBI.
+
+[https://www.yahoo.com/news/fbi-says-fortune-seized-beverly-140035114.html](https://www.yahoo.com/news/fbi-says-fortune-seized-beverly-140035114.html)
+Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.
+
+We must begin the ritual of our Bitcoin members to summon /u/tothemoonguy his time is almost upon us.
+
+But when he is summoned the conditions must be perfect as we approach the first chapter of world dominance over the uninitiated fiat normies.  
+
+To do this we will need to gather several items. 
+
+* the tears of [Paul Krugman](http://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/)
+* a single thread from an alpaca sock purchased with bitcoin
+* crumbs from the original bitcoin pizza that sold for 10,000 BTC
+* one Open Dime unit
+* A piece of paypal swag, a hat, a shirt.
+* one hardware wallet 
+* a single strand of Satoshi Nakomoto's hair
+* any narcotic ordered from the darknet
+* one currency note from every nation on earth
+
+
+These items must be placed in a bowl in the center of a Bitcoin symbol on the floor surrounded by 21 candles. The items must be  doused in a mixture of honeybadger blood and gasoline.
+
+At $950 we light the fire and stand in silence waiting for the next price rise.  
+
+We wait until 975, then we all stand in a circle with kazoos mindlessly blowing away on them.  When we hit $995 we begin chanting together in harmony...
+
+**"TO THE MOON."**
+
+**"TO THE MOON."**
+
+**"TO THE MOON."**
+
+**"TO THE MOON."**
+
+At the time of alignment our lord of special times will appear as we enter the age of crypto. 
+
+We will then disperse and tell the world, "we told you so!" and laugh smugly everywhere we go.
+
+
+
+*this entire post is sarcastic, please do not track Paul Krugman down and make him cry.*
+
+
+Looking at purchasing a house in the near future and have been living at home rent free - so he additional monthly expense will be quite a jump. 
+
+Looking around the net I see people say you shouldn't spend more than 30% of your income on the mortgage. Is this gross income or net income?
+
+And for those of you who are the 30% level, how are your finances? Does your budget feel very tight? Any financial stress?
+
+Cheers. 
+https://www.cnbc.com/2018/04/09/chinese-president-xi-jinping-speaks-at-boao-forum-for-asia.html
+  
+
+
+I am politically neutral, I have my likes and dislikes with both recent presidents - Obama and Trump. But we can't deny that Trump is forcing some changes in U.S. relationships with other countries for better or worse. IMHO, not taking leadership in environmental protection (worse) while taking a harder stance on trade (could be good).
+  
+
+
+If Trump did not push for tariffs, China would not have said we will try to import more. We can't keep doing the same thing and expect different results. Peter Thiel is an advocate for contrarion thinking. 
+  
+
+
+In my mind, the goal is not to reduce overall trade deficits with the rest of the world, because we are already borrowing and spending more than we produce (low unemployment rate as well). 
+  
+
+
+The goal should be:  
+1) Open up markets to American companies. For example, tech companies like Facebook don't really have to produce more, their product/service is highly scalable (ignore the recent scandal for a moment)  
+2) Punish bad actors for stealing trade secrets  
+3) Finally, making sure we are using money we are borrowing (deficit) to invest in future higher returns. E.g, automation and such and not using it to restart outdated coal mines/plants.  
+  
+
+
+"If you want to have a better performance than the crowd, you must do things differently from the crowd." - John Templeton
+
+
+That's according to Wall Street itself, which is pricing SCTY stock at a huge discount to its takeout price. Under the terms of the buyout agreement, SCTY shareholders will receive 0.11 shares of TSLA for each SolarCity share they own. 
+
+The math on that:
+TSLA price (9/16 close): $205.40
+Implied SCTY takeout price: $22.59 ($205.40 * 0.11)
+
+SCTY price (9/16 close): $17.50.
+
+So, SCTY is trading 23 percent below its takeout price, implying significant uncertainty. There are a few reasons for this, I leave it to you to decide how valid they are, but I just thought this was really interesting and a sort of under-covered topic. 
+
+If you think the deal's gonna close in Q4, now might be a ripe time to load up on SolarCity. On the other hand, it's still dependent on Tesla's stock price, so you need to be somewhat confident that Tesla will remain stable for the next few months. 
+
+Thoughts?
+
+http://money.usnews.com/investing/articles/2016-09-19/will-the-solarcity-corp-scty-deal-with-tesla-motors-inc-tsla-go-through
+So I havent followed the stock for long, but just looking back at the old information I was very confused by the move. In order to pay this dividend they entered into a significant amount of long term debt at 8.5%. Is there something obvious I'm missing here or is this just something franchises do? Any light anyone could shed on this would be welcome.
+I've been on this sub a bit and notice a lot of posts complaining about workload/general frustrations/work-life balance/etc. 
+
+I want to know what are some great benefits to working in the finance industry?
+
+I clearly know pay is a huge factor. Just interested in other people's thoughts.
+Hello folks,
+
+I was just offered a job as a junior analyst for a small local asset management firm (200 million AUM).  Initially, I went to interview for another job, but the portfolio manager must have been impressed by what I said about my experiences in the market and investing that they decided to turn me down for that job and offer me a junior analyst job.  
+
+I'm an older guy (40 y.o.) whose career has mostly been in tech.  But, I've always wondered what it would be like to work in investment finance.  I don't think I would like being a sell side analyst.  I don't think there is much of a competitive edge there unless I'm following some really small companies.  Buy side seems like it would be pretty cool.  Anyways, I'm not even sure I can make a career in finance given my late age.  Although, I wouldn't mind trying it out.  But, what I'm worried about is getting burnt out by it.  I hate tech.  I'm so over it.  I would love to get out and do something new.  But, I'm also worried about getting into another high burn out field.  A friend of mine worked as an analyst at Jefferies and didn't last more than a year there.
+
+Anyways, would love to hear from others who have had experiences doing this professionally.
+
+So like the title states, I'm applying for a financial group at my university that primarily researches and invests in equities.  This group is extremely competitive but I managed to make it to the final round of interviews last year (approximately 15 of the 45 or so that apply).  At that point I had to make a stock pitch for Chevron.   I feel like I should mention that I'm a finance major and that I've done some investing in equities with my dad when I was younger (around 13 or 14 years old).  He just ran me through the very basics though.
+
+Back to the story, I got completely ripped apart during my pitch.  I was confident going in that I had done my best and I had results to show after the hours of research I put in.  I included horizontal analysis and vertical analysis of a lot of the commonly examined financial statement ratios like P/E, ROE, ROA, dividend payout, free cash flow, etc, as well as a few liquidity ratios.  I also examined some intangible things such as Chevron getting access to an important drilling area near Russia and the fact that the dollar was depreciating at the time
+
+I feel like I had very little confidence as to what was most crucial to look at before I started preparing, so I tried to include everything possible.  So even though I'm not sure the following things are useful, I also included the price compared to market cap and also the volume of sales over the past 3 months before the time of my interview/pitch.  I also looked at moving averages and exponentially weighted moving averages for Chevron.
+
+So I guess my question is, what is good to look at and what is just BS when looking to invest?  I'm not coming here first, because I've done plenty of research.  But it just seems like I can't get a straight answer from anyone.  Some people/places say stick to the financial statements, some it's just examine the graphs, the business structure of the company, or even just take a look at the business's competitors and determine if the company's shares are currently incorrectly priced.  Or is that how it really is, and everyone has their own opinions on what is best to look at?
+
+I'm interested in asset management and I'd like to start investing on my own as well, but I feel very misguided right now.  Even if I was just given some sort of "importance tier" list of things to look at when researching possible investments, it would make things so much easier for me.  I've been learning in some of my finance classes how to price shares in the CAPM model but I don't see much application for that in the market aside from diversification, which can be done without CAPM honestly.  Like what do Morningstar and Bloomberg and YahooFinance look at when they give out their analysis on equities?
+
+I kind of rambled but I hope you get the gist of this.  Thanks in advance.
+Weed stock gonna run, more states legalize weed, the house gonna vote in early december to decriminalize weed, they are at their lowest, only up from their! I'm holding 150k share of $SNDL at ,30$, i expect at least ,50 cents, wouldn't be surprise if it touch 1$!
+THE CEO OF SNDL GONNA TALK THE 2 DECEMBER AT 10 AM AT A CONFERENCE, EXPECT A PR!!
+This week will be crazy because some of reddit's favorite companies will have earnings and they include:
+
+* AMD
+* Amazon
+* Apple
+* Microsoft
+* Facebook
+* Alphabet(google)
+* Robinhood
+* Enphase energy
+* Teladoc
+* Shopify
+
+Other companies with earnings include: Boeing, GM, Coco cola, Visa, Texas Instruments, etc.
+
+Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.
+So preface, I'm not a bot and my positions are short on the S&P 500. I think this GME squeeze will cause a liquidity crisis so the market corrects. So GME going up is good for my account.
+
+I've been on this sub for a few years and its rise in popularity the last few weeks has brought some concerns to me. Namely that this sub has the potential to drive some serious cult like behavior. 
+
+This GME squeeze is an interesting story, it started out as a play to make a metric fuckton of money and has grown into some weird psuedo-social movement, or at least disguised as one. You have people new to trading (As seen by the constant questions asking basic questions about the market) on this emotional trip to steal from Wall Street and give unto themselves. In an era with a lot of uncertainty due to the rona I get it. 
+
+My concerns now is there seems to be a quickly rising culture of if you do not love GME you are a bot/dissenter/evil wrongdoer with the intent to take the ship down. And I agree there has been a lot of not so legitimate people here the culture is slowly turning to join the hivemind or go. I am already seeing people talking about "our next target" as if this is now some group intended to take down wall street from within.
+
+This sub has made this short squeeze a little guy vs Wall Street thing, and while there is plenty of shady shit going on, people don't seem to understand there are institutions long GME, they want to take Melvins money just as much as you. It's a short vs long battle. 
+
+That whole Robinhood fiasco, it was a legitimate issue handled HORRIBLY. They ran out of money and were going to go insolvent, and they handled it quite possibly the worst way, adding even more fuel to this us vs them fire.
+
+"It can't go tits up" -  Words someone says right before it goes tits up. A lot of you all will make life changing money off GME, and I am glad for you. But you also have to understand for a lot of yall, you're going to lose. The market giveth and the market taketh away. I've blown up my account twice so I've gone through the emotional rollercoaster before. I remember my first 10 bagger off TGT when $BECKY was memeing. I am worried that for those people this GME play goes tits up on, someone will wrongly focus that energy into being someone else's fault and not them not understanding the play they were making.
+
+This sub has grown exponentially and the mods have been doing there best, however this one tweet definitely added fuel to the fire in my opinion, 
+
+https://twitter.com/wsbmod/status/1356338243554304001?s=20
+
+I think this perpetuates the message that its someone else's fault GME went down today and that the "elites" are out to get us.
+
+This is reminding me of an Alphabet soup themed cult. And we all see how that's going.
+
+This sub was always about making money and being dipshits doing it. And I am worried that culture is going to transform into something much much worse. My biggest fear is that people who blow up their account off this play are taken advantage of by others and lead down some crazy shithead path.
+
+Edit: I can't blame the mods for this. There is no handbook on how to handle every news outlet picking up your subreddit. They've been doing the best they can and I applaud them.
+# 10/19/2021 HUGE UPDATE:
+
+***THE BANK CUSTODY SERVICE*** has called me to let me know that they won't be able to handle the kind of volume this has already created (hundreds of calls yesterday/today).  Agent M (a manager) said that **they are now declining new accounts for this type of service**.
+
+The primary reason is that they really want to be able to give personalized service, but their organization is not sized to handle serious volume and given the largely manual process of dealing with Computershare, they won't be able to offer these services.
+
+Out of courtesy to the bank, I have removed their details from this post.  I hope that Apes will continue to dig and find other services that are willing to accept the Reddit Hug of Death and perform these services for this community.
+
+**As a parting gift, I've asking Fidelity on their sub if they would consider acting as a third party custodian in that way...they responded rapidly in the most ordinary business way possible, but feel free to express your interest on that thread as well.**
+
+*-- Leaving the first part of the original post regarding how I found* ***THE BANK***\*. --\*
+
+This is not financial advice, it's the story of my experience in finding a way to DRS my IRA shares.
+
+**TLDR:  Found a bank that will act as a third party custodian for my Traditional IRA and will Direct Register the shares.  Computershare confirmed this is possible and TDA hinted at it as well.**
+
+I appreciate all the work that  u/iamthinksnow did on the IRA transfer stuff, but I was still unconvinced that method would not result in a tax headache, especially if this all extends past the new year.
+
+**Full disclosure:**  While I haven't completed the whole process yet, I wanted to release my progress so far with this DD now, because other methods (EIN  number/self-custody) is being touted, but I'm skeptical that is the way.
+
+[So anyway, I started digging!](https://preview.redd.it/7xyk1c8a7ut71.png?width=886&format=png&auto=webp&s=f2dee02057128b50699807f71fa5318b87244372)
+
+First, some definitions…
+
+**Individual Retirement Account (IRA)** – An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. When held at a brokerage, the funds may be used to purchase stocks, bonds and other securities.
+
+**IRA Custodian** \- An IRA custodian is a financial institution that holds an account's investments for safekeeping and sees to it that all IRS and government regulations are adhered to at all times.
+
+**Distribution/Withdrawal** \- Generally, early withdrawal from an Individual Retirement Account (IRA) prior to age 59½ is subject to being included in gross income plus a 10 percent additional tax penalty.
+
+I sent some emails to Computershare, this was the reply:
+
+>*Please be informed that regarding Individual Retirement Account you need to contact your corporate custodian.*
+
+When I emailed TDA regarding transfer of IRA shares, they first said it wasn’t possible. Later, when reddit was reporting it was possible, I emailed TDA again with new vocabulary (custodian), this was their response:
+
+>*Thank you for your response. Unfortunately we cannot act as custodian for shares outside of the firm, thus we cannot transfer shares from an IRA at TD Ameritrade to Computershare liked-titled and without taking a distribution.*
+
+I launched some email back to Computershare with this new fact, this was their response:
+
+>*We do not register Individual Retirement Account (IRA) with Computershare as a custodian. However, shares can be transferred to Computershare as an IRA registration having any other financial institution as custodian.*
+
+​
+
+[Now what?](https://preview.redd.it/zkchxty6gut71.png?width=475&format=png&auto=webp&s=33902af4561f2682483f60fe7b5b849755ceb0eb)
+
+So, I started Googling...and Googling...and Googling and ended up on some shady looking sites for companies in the Midwest, with worse websites than Computershare…I was getting discouraged. Meanwhile, the IRA transfer thread was blowing up and started being included in the mod thread on every post in the jungle. **This worried me.**
+
+During this time, I discovered Self-Directed IRAs, which are typically used to purchase non-traditional investments, such as precious metals and real estate.
+
+After several days of digging, calling my own bank (which made some curious laughing sounds at my request), getting handed off to a financial advisor that never called me back (probably the dollar amount I quoted), then finally just getting on the phone and calling random companies that do “Self Directed IRAs”. Most of the companies I spoke with had no idea what I meant by “third party custodian” or “direct registration of shares”.
+
+That’s when I found ***A BANK*** and their division ***A CUSTODY SERVICE***.
+
+*--- SNIP, I removed* ***THE BANK*** *details at their request. --*
+
+# UPDATE:
+
+I have removed all of the details regarding the bank, as they will not be able to handle the volume.  I will say that my shares and funds DID arrive and they are now on their way to DRS, but the bank will not be accepting new accounts of this type due to volume and future customer service issues that may arise.
+
+My apologies that this did not turn out to be the one bank that could handle it all, but it does bring to light that out there, Self Directed IRA w/ third party Custodian is the way, if you can find a company that will do it.
+
+Edit:
+
+In the comments below, I was asked to add this link to a resource page listing other potential providers for Self Directed IRAs.  This is the list I found THE BANK on, so I feel like it's alright, but I can't endorse any entity on this page, personally.
+
+[http://selfdirectedira.nuwireinvestor.com/list-of-self-directed-ira-custodians/](http://selfdirectedira.nuwireinvestor.com/list-of-self-directed-ira-custodians/)
+
+​
+So I was checking out to see if any whales have been adding BTC to their wallets and stumbled upon this one.. this person bought almost 80,000 BTC @ $.93 in 2011, and has not moved them or had any other activity since. It honestly makes me wonder if this person is still alive. Perhaps they’re in prison, patiently waiting to get out and crash the market. Could be a few things obviously, but just makes you wonder… 80k investment turned into $5 billion.
+
+https://bitinfocharts.com/bitcoin/address/1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF-full
+Setting 2023 as my year to finally get into investing. Just joined the sub, never invested into anything other than my 401k and IRA . In my early 30s and planning on putting in around 15k in early January. Not looking to keep it sitting for 30 years or anything yet, I guess I just want to get my feet wet and see how much I can make in 6 months to a year, and also impress my wife :) Maybe I'll get more serious about longer term and consistent investing after this, but for now I'm just gonna stick to 6-12 months and then pull it out.
+
+Questions:
+-Should I go only for stocks that give me dividends? Are "regular" stocks more risky? I like the idea of just reinvesting the dividends I earn now.
+- I see a lot.of advice about VOO or VTI + SPHD, should I just split between them even if it's a short term thing? JEPI too?
+-I also keep hearing bonds are looking good in 23'... Is that a better safer route for this short term investment?
+-Is early January ok to buy in or should I wait for the next rate hike or something?
+-Better to invest all 15k at once or spread it out?
+
+Appreciate any advice.
+Hey everyone I’ve been investing for a little while now and I was just wondering if anyone of you guys don’t mind sharing how you guys organize your spread sheets on excel or whatever program you use? Do you guys separate everything from long term holds to short term to dividends? Do you guys have it to automatically update the price and let’s say you have a drip does it automatically update or do you guys manually input it? Thankyou for ever takes the time to answer my question!
+How often do you evaluate or re-evaluate your portfolio? More specifically if companies you’re invested in still meet your portfolio criteria/goals? Also, if you have a ticket that appreciates in stock price pretty significantly (20% or more) do you consider selling some to capitalize on that appreciation?
+I’ve been told that reits on average out perform rental properties. HOWEVER, rental properties can still be more profitable because of leverage with a mortgage and through tax deductions. 
+
+Is there anyway you see reits being able to out perform a rental property? Maybe if one were to hold a company long enough and keep dripping it’s dividends? It’s a lot easier and faster to reinvest the money you earn through reits. 
+
+Any possible scenarios you guys can think of??
+I have 100k set aside to put in SCHD.  Lots of bad stuff going on with the market today, and people forecasting around a 20% drop in the S&P next year.  I definitely don’t feel like I should just throw it all in the market now!
+
+I’m thinking for next year the best thing might just be to DCA and do ~ 8k a month.  What do you think?
+I'm 37 and been 'slaving' away and am ready to be done. I'd like to retire to SE Asia, living on 24-30k annually. Thoughts on doing this for eternity on 400-500k? How would you do this in my position. If you don't believe it is feasible, advise the financial mark you believe I must hit to be safe.
+Hi all, as always I appreciate your wisdom and knowledge of the dividend game. 
+I’m up to $15 a month, but I’m also seeing some significant gains on my dividend stocks. Let’s say 10-20%. Is there a point where I should sell? Or should I stop doing DRIP on those stocks and move my dividend benefits into other stocks? I’m not sure what the best strategy is, because I want to keep those stocks, but I also don’t want to lose the 10-20% gain I’ve had with one or two of them. I’m not sure on how to move forward from this position. Would you sell if they went up to 20-30%? Any insight would be extremely appreciated.
+Not sure if you guys have had a dividend stock stop paying out before. But it does happen now and then. It's the reason I have a lot of different dividend stocks and also branched out to more long term stocks for growth and not just div stocks.
+
+This is in a roth 401k retirement account, so no tax issues one way or another in selling. Retirement account won't be used for many many years.
+
+APLE APPLE HOSPITALITY REIT INC COM
+  Have had them in my portfolio for 4 years now and the monthly dividend was decent. They stopped paying out I think in april due to the pandemic. They own lots of hotels and not sure if they will bounce back or not. No clue if they will resume dividends either.
+
+This was specifically in my portfolio for the monthly dividend of about $40 a month.
+
+I can sell now and put that money in something that will actually do something or sit and wait it out. Right now their stock price if I sold would be about a 4k loss.  but I can move about $7k into O or vtsax or somewhere were it won't just sit for who knows how long.
+
+Anyone have one that stopped paying dividends? Did you sit or sell?
+25 years old and getting into investing I have an ETF and Roth  through acorns, a crypto account and just discovered the world of dividends. My first dividend stock is $PBR. Any advice on the next step. I’ve only had the Roth and the ETF for 6 months and the stock for 3 weeks.
+Hi, I’m 21 and have traded for a while, and I recently set up an Roth IRA that I plan to contribute too throughout the year and gather dividend stocks (I already have a few in mind). My question that is highly debated is: Should I use a DRIP?  I feel like I should since I’m young and my capital can continually be reinvested and gather more as time goes on, but at the same time I’ve heard it’s not worth it.  Thoughts?
+I've had an alert on WM set for 110 for a while and it just broke down below. Anyone else buying the dip? Just picked up a few shares for my IRA account, maybe DCA opportunity if it drops further. Any thoughts on WM? Seems like a no brainer long term hold for me.
+I have a few shares (O, 50 shares, average cost 61.53) (SPHD, 36 shares, average cost 35.54) and I buy regularly into these companies. I like the monthly dividends and I plan to hold long. From what I hear SPHD is not as highly regarded as O, but my portfolio says otherwise. 
+
+I guess what I’m trying ask is, as a 28 year old investor, does O live up to the hype and should I be investing nearly a 1/3 of my money into it, even when I’m planning on holding long? I’m consistently seeing red lately on O, and SPHD has been a powerhouse for me. Am I squandering money away by putting more and more into O? Should I put more into SPHD? Is there another monthly dividend payer that I could be enlightened on? 
+
+Any feedback will be greatly appreciated!
+Setting 2023 as my year to finally get into investing. Just joined the sub, never invested into anything other than my 401k and IRA . In my early 30s and planning on putting in around 15k in early January. Not looking to keep it sitting for 30 years or anything yet, I guess I just want to get my feet wet and see how much I can make in 6 months to a year, and also impress my wife :) Maybe I'll get more serious about longer term and consistent investing after this, but for now I'm just gonna stick to 6-12 months and then pull it out.
+
+Questions:
+-Should I go only for stocks that give me dividends? Are "regular" stocks more risky? I like the idea of just reinvesting the dividends I earn now.
+- I see a lot.of advice about VOO or VTI + SPHD, should I just split between them even if it's a short term thing? JEPI too?
+-I also keep hearing bonds are looking good in 23'... Is that a better safer route for this short term investment?
+-Is early January ok to buy in or should I wait for the next rate hike or something?
+-Better to invest all 15k at once or spread it out?
+
+Appreciate any advice.
+I know most people say IBM might not be a good play because it’s been “trending downwards for the past 5 years” but if you actually take a second to view the graph, hasn’t it been going up for the past 3 years? In fact, in February, 2019 right before the crash, it actually was green for a little bit. Just posting my thoughts here in case I missed something very important.
+Previously posted a couple of times regarding this issue and I figured I would update everyone on how it got resolved. TL;DR CFPB helped me get my money back.
+
+Part1: https://www.reddit.com/r/personalfinance/comments/5civdm/closed_my_chase_account_over_the_phone_account/
+
+Part 2: https://www.reddit.com/r/personalfinance/comments/5efua7/update_closed_my_chase_account_over_the_phone/
+
+I submitted complaints to the CFPB. As soon as I submitted my complaint to the CFPB, Chase became much more interested in getting to the bottom of my issue. I followed /u/ZeneParker's advice and went back to the branch on Monday after I filed my complaint last week. 
+
+The assistant manager and I were able to get someone on the phone right away who was willing to help. Apparently they didn't have a copy of my original affidavit on file (surprise surprise) and the branch didn't retain my original signed copy (surprise surprise). so a check was never sent out (surprise surprise). The copy of the affidavit that they gave me had the notary stamp slightly cut off so they didn't want to take that as proof. They had me sign and notarize another affidavit.
+
+They Fedexed a check to me after they received the new affidavit. Of course, as a final curveball, they tried to send it to the branch instead of to my address, but under my name. Of course, nobody accepted delivery of the check. Thankfully, the driver recognized that they had the wrong address and Fedex let me reroute the check.
+
+So a few takeaways: 
+
+1. Don't trust Chase telephone banking. They are completely incompetent. 
+
+2. Chase Branch Operations and Chase phone operations are completely independent entities that are not even allowed to talk to each other.
+
+3. If your case falls into a weird crack in the bureaucracy like mine, contact the CFPB right away. A complaint with them escalates your issue to someone who can talk to both branches of their business. Demanding to be escalated only gets you to the highest level of that respective branch of the business. If your issue is with 2 different sides of the business talking to either side won't get you anywhere. 
+
+4. Threatening litigation/regulatory action gets you nowhere. File a complaint if you are in the right.
+
+5. Shoutout to /u/ZeneParker. Dude's like the bank whisperer in my book.
+
+Edit: link of /u/ZeneParker's original advice
+https://www.reddit.com/r/personalfinance/comments/5efua7/update_closed_my_chase_account_over_the_phone/dackik1/
+Newbs might not know this, but bitcoin recently came out of an intense internal drama. Between July 2015 and August 2017 bitcoin was attacked by external forces who were hoping to destroy the very properties that made bitcoin valuable in the first place. This culminated in the creation of segwit and the UASF (user activated soft fork) movement. The UASF was successful, segwit was added to bitcoin and with that the anti-decentralization side left bitcoin altogether and created their own altcoin called bcash. Bitcoin's price was $2500, soon after segwit was activated the price doubled to $5000 and continued rising until here we are today at $15000.
+
+During this drama, I took time away from writing open source code to help educate and argue on reddit, twitter and other social media. I came up with a reading list for quickly copypasting things. It may be interesting today for newbs or anyone who wants a history lesson on what exactly happened during those two years when bitcoin's very existence as a decentralized low-trust currency was questioned. Now the fight has essentially been won, I try not to comment on reddit that much anymore. There's nothing left to do except wait for Lightning and similar tech to become mature (or better yet, [help code it and test it](http://lightning.network/))
+
+In this thread you can learn about block sizes, latency, decentralization, segwit, ASICBOOST, lightning network and all the other issues that were debated endlessly for over two years. So when someone tries to get you to invest in bcash, remind them of the time they supported Bitcoin Unlimited :P
+
+# Summary / The fundamental tradeoff
+
+A trip to the moon requires a rocket with multiple stages by gmaxwell (must read)
+https://www.reddit.com/r/Bitcoin/comments/438hx0/a_trip_to_the_moon_requires_a_rocket_with/
+
+Bram Cohen, creator of bittorrent, argues against a hard fork to a larger block size
+https://medium.com/@bramcohen/bitcoin-s-ironic-crisis-32226a85e39f#.558vetum4
+
+gmaxwell's summary of the debate
+https://bitcointalk.org/index.php?topic=1343716.msg13701818#msg13701818
+
+Core devs please explain your vision (see luke's post which also argues that blocks are already too big)
+https://www.reddit.com/r/Bitcoin/comments/61yvvv/request_to_core_devs_please_explain_your_vision/
+
+Mod of r/btc speaking against a hard fork
+https://www.reddit.com/r/btc/comments/57hd14/core_reaction_to_viabtc_this_week/d8scokm/ 
+
+It's becoming clear to me that a lot of people don't understand how fragile bitcoin is 
+https://www.reddit.com/r/Bitcoin/comments/59kflj/its_becoming_clear_to_me_that_a_lot_of_people/
+
+Blockchain space must be costly, it can never be free
+https://www.reddit.com/r/Bitcoin/comments/4og24h/i_just_attended_the_distributed_trade_conference/
+
+Charlie Lee with a nice analogy about the fundamental tradeoff
+https://medium.com/@SatoshiLite/eating-the-bitcoin-cake-fc2b4ebfb85e#.444vr8shw
+
+gmaxwell on the tradeoffs
+https://bitcointalk.org/index.php?topic=1520693.msg15303746#msg15303746
+
+jratcliff on the layering https://www.reddit.com/r/btc/comments/59upyh/segwit_the_poison_pill_for_bitcoin/d9bstuw/
+
+# Scaling on-chain will destroy bitcoin's decentralization
+
+Peter Todd: How a floating blocksize limit inevitably leads towards centralization [Feb 2013]
+https://bitcointalk.org/index.php?topic=144895.0 mailing list https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-February/002176.html with discussion on reddit in Aug 2015 https://www.reddit.com/r/Bitcoin/comments/3hnvi8/just_a_little_history_lesson_for_everyone_new_the/
+
+Nick Szabo's blog post on what makes bitcoin so special
+http://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html
+
+There is academic research showing that even small (2MB) increases to the blocksize results in drastic node dropoff counts due to the non-linear increase of RAM needed.
+http://bravenewcoin.com/assets/Whitepapers/block-size-1.1.1.pdf
+
+Reddit summary of above link. In this table, you can see it estimates a 40% drop immediately in node count with a 2MB upgrade and a 50% over 6 months. At 4mb, it becomes 75% immediately and 80% over 6 months. At 8, it becomes 90% and 95%.
+https://www.reddit.com/r/Bitcoin/comments/5qw2wr/a_future_led_by_bitcoin_unlimited_is_a/dd442pw/
+
+Larger block sizes make centralization pressures worse (mathematical)
+https://petertodd.org/2016/block-publication-incentives-for-miners
+
+Talk at scalingbitcoin montreal, initial blockchain synchronization puts serious constraints on any increase in the block size
+https://www.youtube.com/watch?v=TgjrS-BPWDQ&t=2h02m06s with transcript https://scalingbitcoin.org/transcript/montreal2015/block-synchronization-time
+
+Bitcoin's P2P Network: The Soft Underbelly of Bitcoin https://www.youtube.com/watch?v=Y6kibPzbrIc
+someone's notes: https://gist.github.com/romyilano/5e22394857a39889a1e5
+reddit discussion https://www.reddit.com/r/Bitcoin/comments/4py5df/so_f2pool_antpool_btcc_pool_are_actually_one_pool/
+
+In adversarial environments blockchains dont scale
+https://scalingbitcoin.org/transcript/hongkong2015/in-adversarial-environments-blockchains-dont-scale
+
+Why miners will not voluntarily individually produce smaller blocks
+https://scalingbitcoin.org/transcript/hongkong2015/why-miners-will-not-voluntarily-individually-produce-smaller-blocks
+
+Hal Finney: bitcoin's blockchain can only be a settlement layer (mostly interesting because it's hal finney and its in 2010)
+https://www.reddit.com/r/Bitcoin/comments/3sb5nj/most_bitcoin_transactions_will_occur_between/
+
+petertodd's 2013 video explaining this https://www.youtube.com/watch?v=cZp7UGgBR0I
+
+luke-jr's summary https://www.reddit.com/r/Bitcoin/comments/61yvvv/request_to_core_devs_please_explain_your_vision/dficjhj/
+
+Another jratcliff thread
+https://www.reddit.com/r/Bitcoin/comments/6lmpll/explaining_why_big_blocks_are_bad/
+
+-----
+# Full blocks are not a disaster
+
+Blocks must be always full, there must always be a backlog
+https://medium.com/@bergealex4/bitcoin-is-unstable-without-the-block-size-size-limit-70db07070a54#.kh2vi86lr
+
+Same as above, the mining gap means there must always be a backlog 
+talk: https://www.youtube.com/watch?time_continue=2453&v=iKDC2DpzNbw transcript: https://scalingbitcoin.org/transcript/montreal2015/security-of-diminishing-block-subsidy
+
+Backlogs arent that bad
+https://www.reddit.com/r/Bitcoin/comments/49p011/was_the_fee_event_really_so_bad_my_mind_is/
+
+Examples where scarce block space causes people to use precious resources more efficiently
+https://www.reddit.com/r/Bitcoin/comments/4kxxvj/i_just_singlehandedly_increased_bitcoin_network/
+
+https://www.reddit.com/r/Bitcoin/comments/47d4m2/why_does_coinbase_make_2_transactions_per/
+
+https://www.reddit.com/r/Bitcoin/comments/53wucs/why_arent_blocks_full_yet/d7x19iv
+
+Full blocks are fine
+https://www.reddit.com/r/Bitcoin/comments/5uld1a/misconception_full_blocks_mean_bitcoin_is_failing/
+
+High miner fees imply a sustainable future for bitcoin
+https://www.reddit.com/r/BitcoinMarkets/comments/680tvf/fundamentals_friday_week_of_friday_april_28_2017/dgwmhl7/
+
+gmaxwell on why full blocks are good
+https://www.reddit.com/r/Bitcoin/comments/6b57ca/full_blocks_good_or_bad/dhjxwbz/
+
+The whole idea of the mempool being "filled" is wrong headed. The mempool doesn't "clog" or get stuck, or anything like that.
+https://www.reddit.com/r/Bitcoin/comments/7cusnx/to_the_people_still_doubting_that_this_congestion/dpssokf/
+
+-----
+# Segwit
+
+## What is segwit
+
+luke-jr's longer summary
+https://www.reddit.com/r/Bitcoin/comments/6033h7/today_is_exactly_4_months_since_the_segwit_voting/df3tgwg/?context=1
+
+Charlie Shrem's on upgrading to segwit
+https://twitter.com/CharlieShrem/status/842711238853513220
+
+Original segwit talk at scalingbitcoin hong kong + transcript
+https://youtu.be/zchzn7aPQjI?t=110
+
+https://scalingbitcoin.org/transcript/hongkong2015/segregated-witness-and-its-impact-on-scalability
+
+Segwit is not too complex
+https://www.reddit.com/r/btc/comments/57vjin/segwit_is_not_great/d8vos33/
+
+Segwit does not make it possible for miners to steal coins, contrary to what some people say
+https://www.reddit.com/r/btc/comments/5e6bt0/concerns_with_segwit_and_anyone_can_spend/daa5jat/?context=1 
+
+https://keepingstock.net/segwit-eli5-misinformation-faq-19908ceacf23#.r8hlzaquz
+
+Segwit is required for a useful lightning network
+It's now known that without a malleability fix useful indefinite channels are not really possible.
+
+https://www.reddit.com/r/Bitcoin/comments/5tzqtc/gentle_reminder_the_ln_doesnt_require_segwit/ddqgda7/
+
+https://www.reddit.com/r/Bitcoin/comments/5tzqtc/gentle_reminder_the_ln_doesnt_require_segwit/ddqbukj/
+
+https://www.reddit.com/r/Bitcoin/comments/5x2oh0/olaoluwa_osuntokun_all_active_lightning_network/deeto14/?context=3
+
+Clearing up SegWit Lies and Myths:
+https://achow101.com/2016/04/Segwit-FUD-Clearup
+
+Segwit is bigger blocks
+https://www.reddit.com/r/Bitcoin/comments/5pb8vs/misinformation_is_working_54_incorrectly_believe/dcpz3en/
+
+Typical usage results in segwit allowing capacity equivalent to 2mb blocks
+https://www.reddit.com/r/Bitcoin/comments/69i2md/observe_for_yourself_segwit_allows_2_mb_blocks_in/
+
+
+## Why is segwit being blocked
+
+Jihan Wu (head of largest bitcoin mining group) is blocking segwit because of perceived loss of income
+https://www.reddit.com/r/Bitcoin/comments/60mb9e/complete_high_quality_translation_of_jihans/
+
+Witness discount creates aligned incentives
+https://segwit.org/why-a-discount-factor-of-4-why-not-2-or-8-bbcebe91721e#.h36odthq0
+https://medium.com/@SegWit.co/what-is-behind-the-segwit-discount-988f29dc1edf#.sr91dg406
+
+or because he wants his mining enterprise to have control over bitcoin https://www.reddit.com/r/Bitcoin/comments/6jdyk8/direct_report_of_jihan_wus_real_reason_for/
+
+### Segwit is being blocked because it breaks ASICBOOST, a patented optimization used by bitmain ASIC manufacturer
+
+Details and discovery by gmaxwell
+https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/013996.html
+
+Reddit thread with discussion
+https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/
+
+Simplified explaination by jonny1000
+https://www.reddit.com/r/Bitcoin/comments/64qq5g/attempted_explanation_of_the_alleged_asicboost/
+
+http://www.mit.edu/~jlrubin/public/pdfs/Asicboost.pdf
+
+https://medium.com/@jimmysong/examining-bitmains-claims-about-asicboost-1d61118c678d
+
+Evidence
+https://www.reddit.com/r/Bitcoin/comments/63yo27/some_circumstantial_evidence_supporting_the_claim/
+
+https://www.reddit.com/r/Bitcoin/comments/63vn5g/please_dont_stop_us_from_using_asicboost_which/dfxmm75/
+
+https://www.reddit.com/r/Bitcoin/comments/63soe3/reverse_engineering_an_asic_is_a_significant_task/dfx9ncr/
+
+Bitmain admits their chips have asicboost but they say they never used it on the network (haha a likely story)
+https://blog.bitmain.com/en/regarding-recent-allegations-smear-campaigns/
+
+Worth $100m per year to them (also in gmaxwell's original email)
+https://twitter.com/petertoddbtc/status/849798529929424898
+
+Other calculations show less https://medium.com/@vcorem/the-real-savings-from-asicboost-to-bitmaintech-ff265c2d305b
+
+This also blocks all these other cool updates, not just segwit
+https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/dfw0ej3/
+
+Summary of bad consequences of asicboost
+https://www.reddit.com/r/Bitcoin/comments/64qq5g/attempted_explanation_of_the_alleged_asicboost/dg4hyqk/?context=1
+
+Luke's summary of the entire situation
+https://www.reddit.com/r/Bitcoin/comments/6ego3s/why_is_killing_asicboost_not_a_priority/diagkkb/?context=1
+
+Prices goes up because now segwit looks more likely
+https://twitter.com/TuurDemeester/status/849846845425799168
+
+Asicboost discovery made the price rise
+https://twitter.com/TuurDemeester/status/851520094677200901
+
+A pool was caught red handed doing asicboost, by this time it seemed fairly certain that segwit would get activated so it didnt produce as much interest as earlier
+https://www.reddit.com/r/Bitcoin/comments/6p7lr5/1hash_pool_has_mined_2_invalid_blocks/ and https://www.reddit.com/r/Bitcoin/comments/6p95dl/interesting_1hash_pool_mined_some_invalid_blocks/ and https://twitter.com/petertoddbtc/status/889475196322811904
+
+This r/btc user is outraged at the entire forum because they support Bitmain and ASICBOOST https://www.reddit.com/r/btc/comments/67t43y/dragons_den_planned_smear_campaign_of_bitmain/dgtg9l2/
+
+Antbleed, turns out Bitmain can shut down all its ASICs by remote control: http://www.antbleed.com/
+
+### What if segwit never activates
+
+What if segwit never activates? https://www.reddit.com/r/Bitcoin/comments/6ab8js/transaction_fees_are_now_making_btc_like_the_banks/dhdq3id/ with
+https://www.reddit.com/r/Bitcoin/comments/5ksu3o/blinded_bearer_certificates/ and https://www.reddit.com/r/Bitcoin/comments/4xy0fm/scaling_quickly/
+
+# Lightning
+
+bitcoinmagazine's series on what lightning is and how it works https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-building-a-bidirectional-payment-channel-1464710791/ https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-creating-the-network-1465326903/ https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-completing-the-puzzle-and-closing-the-channel-1466178980/
+
+The Lightning Network ELIDHDICACS (Explain Like I Don’t Have Degrees in Cryptography and Computer Science)
+https://letstalkbitcoin.com/blog/post/the-lightning-network-elidhdicacs
+
+Ligtning will increases fees for miners, not lower them
+https://medium.com/lightning-resources/the-lightning-paradox-f15ce0e8e374#.erfgunumh
+
+Cost-benefit analysis of lightning from the point of view of miners
+https://medium.com/@rusty_lightning/miners-and-bitcoin-lightning-a133cd550310#.x42rovlg8
+
+Routing blog post by rusty
+https://medium.com/@rusty_lightning/routing-dijkstra-bellman-ford-and-bfg-7715840f004
+and reddit comments https://www.reddit.com/r/Bitcoin/comments/4lzkz1/rusty_russell_on_lightning_routing_routing/
+
+Lightning protocol rfc
+https://github.com/lightningnetwork/lightning-rfc
+
+Blog post with screenshots of ln being used on testnet
+https://medium.com/@btc_coach/lightning-network-in-action-b18a035c955d video https://www.youtube.com/watch?v=mxGiMu4V7ns
+
+Video of sending and receiving ln on testnet
+https://twitter.com/alexbosworth/status/844030573131706368
+
+Lightning tradeoffs
+http://www.coindesk.com/lightning-technical-challenges-bitcoin-scalability/
+
+Beer sold for testnet lightning
+https://www.reddit.com/r/Bitcoin/comments/62uw23/lightning_network_is_working_room77_is_accepting/ and https://twitter.com/MrHodl/status/848265171269283845
+
+Lightning will result in far fewer coins being stored on third parties because it supports instant transactions
+https://medium.com/@thecryptoconomy/the-barely-discussed-incredible-benefit-of-the-lightning-network-4ce82c75eb58
+
+jgarzik argues strongly against LN, he owns a coin tracking startup
+https://twitter.com/petertoddbtc/status/860826532650123264
+https://twitter.com/Beautyon_/status/886128801926795264
+
+luke's great debunking / answer of some misinformation questions
+https://www.reddit.com/r/Bitcoin/comments/6st4eq/questions_about_lightning_network/dlfap0u/
+
+Lightning centralization doesnt happen
+https://www.reddit.com/r/Bitcoin/comments/6vzau5/reminder_bitcoins_key_strength_is_in_being/dm4ou3v/?context=1
+
+roasbeef on hubs and charging fees https://twitter.com/roasbeef/status/930209165728825344 and https://twitter.com/roasbeef/status/930210145790976000
+
+-----
+# Immutability / Being a swiss bank in your pocket / Why doing a hard fork (especially without consensus) is damaging
+
+A downside of hard forks is damaging bitcoin's immutability
+https://www.reddit.com/r/Bitcoin/comments/5em6vu/what_happens_if_segwit_doesnt_activate/dae1r6c/?context=3
+
+Interesting analysis of miners incentives and how failure is possible, don't trust the miners for long term
+https://www.reddit.com/r/Bitcoin/comments/5gtew4/why_an_increased_block_size_increases_the_cost_of/daybazj/?context=2
+
+waxwing on the meaning of cash and settlement
+https://www.reddit.com/r/Bitcoin/comments/5ei7m3/unconfirmed_transactions_60k_total_fees_14btc/dad001v/
+
+maaku on the cash question
+https://www.reddit.com/r/Bitcoin/comments/5i5iq5/we_are_spoiled/db5luiv/?context=1
+
+Digital gold funamentalists gain nothing from supporting a hard fork to larger block sizes
+https://www.reddit.com/r/Bitcoin/comments/5xzunq/core_please_compromise_before_we_end_up_with_bu/dem73xg/?context=1
+
+Those asking for a compromise don't understand the underlying political forces https://www.reddit.com/r/Bitcoin/comments/6ef7wb/some_comments_on_the_bip148_uasf_from_the/dia236b/?context=3
+
+Nobody wants a contentious hard fork actually, anti-core people got emotionally manipulated
+https://www.reddit.com/r/Bitcoin/comments/5sq5or/contentious_forks_vs_incremental_progress/ddip57o/
+
+The hard work of the core developers has kept bitcoin scalable
+https://www.reddit.com/r/Bitcoin/comments/3hfgpo/an_initiative_to_bring_advanced_privacy_features/cu7mhw8?context=9
+
+Recent PRs to improve bitcoin scaleability ignored by the debate https://twitter.com/jfnewbery/status/883001356168167425
+
+gmaxwell against hard forks since 2013 https://bitcointalk.org/index.php?topic=140233.20
+
+maaku: hard forks are really bad
+https://www.reddit.com/r/Bitcoin/comments/5zxjza/adam_greg_core_devs_and_big_blockers_now_is_the/df275yk/?context=2
+
+
+-----
+# Some metrics on what the market thinks of decentralization and hostile hard forks
+
+The price history shows that the exchange rate drops every time a hard fork threatens: https://i.imgur.com/EVPYLR8.jpg
+
+and this example from 2017 https://twitter.com/WhalePanda/status/845562763820912642
+
+http://imgur.com/a/DuHAn r/btc users lose money
+
+price supporting theymos' moderation
+https://i.imgur.com/0jZdF9h.png
+
+old version
+https://i.imgur.com/BFTxTJl.png
+
+older version
+https://pbs.twimg.com/media/CxqtUakUQAEmC0d.jpg
+
+about 50% of nodes updated to the soft fork node quite quickly
+https://imgur.com/O0xboVI
+
+------
+# Bitcoin Unlimited / Emergent Consensus is badly designed, changes the game theory of bitcoin
+
+Bitcoin Unlimited was a proposed hard fork client, it was made with the intention to stop segwit from activating
+
+A Future Led by Bitcoin Unlimited is a Centralized Future
+https://blog.sia.tech/a-future-led-by-bitcoin-unlimited-is-a-centralized-future-e48ab52c817a#.p1ly6hldk
+
+Flexible transactions are bugged
+https://www.reddit.com/r/Bitcoin/comments/57tf5g/bitcoindev_bluematt_on_flexible_transactions/
+
+Bugged BU software mines an invalid block, wasting 13 bitcoins or $12k
+
+https://www.reddit.com/r/Bitcoin/comments/5qwtr2/bitcoincom_loses_132btc_trying_to_fork_the/
+
+https://www.reddit.com/r/btc/comments/5qx18i/bitcoincom_loses_132btc_trying_to_fork_the/
+
+bitcoin.com employees are moderators of r/btc
+https://medium.com/@WhalePanda/the-curious-relation-between-bitcoin-com-anti-segwit-propaganda-26c877249976#.vl02566k4
+
+miners don't control stuff like the block size
+http://hackingdistributed.com/2016/01/03/time-for-bitcoin-user-voice/
+
+even gavin agreed that economic majority controls things
+https://www.reddit.com/r/Bitcoin/comments/5ywoi9/in_2010_gavin_predicted_that_exchanges_ie_the/
+
+fork clients are trying to steal bitcoin's brand and network effect, theyre no different from altcoins
+https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.qeaynlx5m
+
+BU being active makes it easier to reverse payments, increases wasted work making the network less secure and giving an advantage to bigger miners
+https://www.reddit.com/r/Bitcoin/comments/5g1x84/bitcoin_unlimited_bu_median_value_of_miner_eb/
+
+bitcoin unlimited takes power away from users and gives it to miners
+https://medium.com/@alpalpalp/bitcoin-unlimiteds-placebo-controls-6320cbc137d4#.q0dv15gd5
+
+bitcoin unlimited's accepted depth
+https://twitter.com/tdryja/status/804770009272696832
+
+BU's lying propaganda poster https://imgur.com/osrViDE
+
+-----
+## BU is bugged, poorly-reviewed and crashes
+
+bitcoin unlimited allegedly funded by kraken stolen coins
+
+https://www.reddit.com/r/btc/comments/55ajuh/taint_analysis_on_bitcoin_stolen_from_kraken_on/
+
+https://www.reddit.com/r/btc/comments/559miz/taint_analysis_on_btc_allegedly_stolen_from_kraken/
+
+Other funding stuff
+
+https://www.reddit.com/r/Bitcoin/comments/5zozmn/damning_evidence_on_how_bitcoin_unlimited_pays/
+
+A serious bug in BU
+https://www.reddit.com/r/Bitcoin/comments/5h70s3/bitcoin_unlimited_bu_the_developers_have_realized/
+
+A summary of what's wrong with BU:
+https://www.reddit.com/r/Bitcoin/comments/5z3wg2/jihanwu_we_will_switch_the_entire_pool_to/devak98/
+
+### Bitcoin Unlimited Remote Exploit Crash 14/3/2017
+
+https://www.reddit.com/r/Bitcoin/comments/5zdkv3/bitcoin_unlimited_remote_exploit_crash/
+https://www.reddit.com/r/Bitcoin/comments/5zeb76/timber/
+https://www.reddit.com/r/btc/comments/5zdrru/peter_todd_bu_remote_crash_dos_wtf_bug_assert0_in/
+
+BU devs calling it as disaster https://twitter.com/SooMartindale/status/841758265188966401
+also r/btc deleted a thread about the exploit https://i.imgur.com/lVvFRqN.png
+
+Summary of incident https://www.reddit.com/r/Bitcoin/comments/5zf97j/i_was_undecided_now_im_not/
+
+More than 20 exchanges will list BTU as an altcoin
+
+https://www.reddit.com/r/Bitcoin/comments/5zyg6g/bitcoin_exchanges_unveil_emergency_hard_fork/
+
+Again a few days later https://www.reddit.com/r/Bitcoin/comments/60qmkt/bu_is_taking_another_shit_timberrrrrr/
+
+
+# User Activated Soft Fork (UASF)
+
+site for it, including list of businesses supporting it 
+http://www.uasf.co/
+
+
+luke's view
+
+https://www.reddit.com/r/Bitcoin/comments/5zsk45/i_am_shaolinfry_author_of_the_recent_user/df1dqen/?context=3
+
+threat of UASF makes the miner fall into line in litecoin
+
+https://www.reddit.com/r/litecoin/comments/66omhr/litecoin_global_roundtable_resolution/dgk2thk/?context=3
+
+UASF delivers the goods for vertcoin
+
+https://www.reddit.com/r/Bitcoin/comments/692mi3/in_test_case_uasf_results_in_miner_consensus/dh3cm34/?context=1
+
+UASF coin is more valuable
+https://www.reddit.com/r/Bitcoin/comments/6cgv44/a_uasf_chain_will_be_profoundly_more_valuable/
+
+All the links together in one place
+https://www.reddit.com/r/Bitcoin/comments/6dzpew/hi_its_mkwia_again_maintainer_of_uasfbitcoin_on/
+
+p2sh was a uasf
+https://github.com/bitcoin/bitcoin/blob/v0.6.0/src/main.cpp#L1281-L1283
+
+jgarzik annoyed at the strict timeline that segwit2x has to follow because of bip148
+https://twitter.com/jgarzik/status/886605836902162432
+
+Committed intolerant minority
+https://www.reddit.com/r/Bitcoin/comments/6d7dyt/a_plea_for_rational_intolerance_extremism_and/
+
+alp on the game theory of the intolerant minority
+https://medium.com/@alpalpalp/user-activated-soft-forks-and-the-intolerant-minority-a54e57869f57
+
+The risk of UASF is less than the cost of doing nothing
+https://www.reddit.com/r/Bitcoin/comments/6bof7a/were_getting_to_the_point_where_a_the_cost_of_not/
+
+uasf delivered the goods for bitcoin, it forced antpool and others to signal (May 2016)
+https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753/
+"When asked specifically whether Antpool would run SegWit code without a hard fork increase in the block size also included in a release of Bitcoin Core, Wu responded: “No. It is acceptable that the hard fork code is not activated, but it needs to be included in a ‘release’ of Bitcoin Core. I have made it clear about the definition of ‘release,’ which is not ‘public.’”"
+
+Screenshot of peter rizun capitulating
+https://twitter.com/chris_belcher_/status/905231603991007232
+
+# Fighting off 2x HF
+
+https://twitter.com/MrHodl/status/895089909723049984
+
+https://www.reddit.com/r/Bitcoin/comments/6h612o/can_someone_explain_to_me_why_core_wont_endorse/?st=j6ic5n17&sh=cc37ee23
+
+https://www.reddit.com/r/Bitcoin/comments/6smezz/segwit2x_hard_fork_is_completely_useless_its_a/?st=j6ic2aw3&sh=371418dd
+
+https://www.reddit.com/r/Bitcoin/comments/6sbspv/who_exactly_is_segwit2x_catering_for_now_segwit/?st=j6ic5nic&sh=1f86cadd
+
+https://medium.com/@elliotolds/lesser-known-reasons-to-keep-blocks-small-in-the-words-of-bitcoin-core-developers-44861968185e
+
+b2x is most of all about firing core 
+https://twitter.com/WhalePanda/status/912664487135760384
+
+https://medium.com/@StopAndDecrypt/thats-not-bitcoin-this-is-bitcoin-95f05a6fd6c2
+
+# Misinformation / sockpuppets
+
+https://www.reddit.com/r/Bitcoin/comments/6uqz6k/markets_update_bitcoin_cash_rallies_for_three/dlurbpx/
+
+three year old account, only started posting today https://archive.is/3STjH
+
+Why we should not hard fork after the UASF worked: https://www.reddit.com/r/Bitcoin/comments/6sl1qf/heres_why_we_should_not_hard_fork_in_a_few_months/
+
+# History
+
+Good article that covers virtually all the important history
+https://bitcoinmagazine.com/articles/long-road-segwit-how-bitcoins-biggest-protocol-upgrade-became-reality/
+
+Interesting post with some history pre-2015
+https://btcmanager.com/the-long-history-of-the-fight-over-scaling-bitcoin/
+
+The core scalabality roadmap + my summary from 3/2017
+https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html my summary https://www.reddit.com/r/Bitcoin/comments/5xa5fa/the_core_development_scalability_roadmap/
+
+History from summer 2015
+https://www.reddit.com/r/Bitcoin/comments/5xg7f8/the_origins_of_the_blocksize_debate/
+
+Brief reminders of the ETC situation https://www.reddit.com/r/Bitcoin/comments/6nvlgo/simple_breakdown_of_bip91_its_simply_the_miners/dkcycrz/
+
+Longer writeup of ethereum's TheDAO bailout fraud https://www.reddit.com/r/ethereumfraud/comments/6bgvqv/faq_what_exactly_is_the_fraud_in_ethereum/
+
+Point that the bigblocker side is only blocking segwit as a hostage https://www.reddit.com/r/BitcoinMarkets/comments/5sqhcq/daily_discussion_wednesday_february_08_2017/ddi3ctv/?context=3
+
+jonny1000's recall of the history of r/bitcoin
+https://www.reddit.com/r/Bitcoin/comments/6s34gg/rbtc_spreading_misinformation_in_rbitcoinmarkets/dl9wkfx/
+
+
+# Misc (mostly memes)
+
+libbitcoin's Understanding Bitcoin series (another must read)
+https://github.com/libbitcoin/libbitcoin/wiki/Understanding-Bitcoin
+
+github commit where satoshi added the block size limit
+https://www.reddit.com/r/Bitcoin/comments/63859l/github_commit_where_satoshi_added_the_block_size/
+
+hard fork proposals from some core devs
+https://bitcoinhardforkresearch.github.io/
+
+blockstream hasnt taken over the entire bitcoin core project
+https://www.reddit.com/r/Bitcoin/comments/622bjp/bitcoin_core_blockstream/
+
+blockstream is one of the good guys https://www.reddit.com/r/Bitcoin/comments/6cttkh/its_happening_blockstream_opens_liquid_sidechain/dhxu4er/
+
+
+
+Forkers, we're not raising a single byte! Song lyrics by belcher
+https://gist.github.com/chris-belcher/7264cd6750a86f8b4a9a
+
+Some stuff here along with that cool photoshopped poster https://medium.com/@jimmysong/bitcoin-realism-or-how-i-learned-to-stop-worrying-and-love-1mb-blocks-c191c35e74cb
+
+Nice graphic https://twitter.com/RNR_0/status/871070843698380800
+
+gmaxwell saying how he is probably responsible for the most privacy tech in bitcoin, while mike hearn screwed up privacy
+https://www.reddit.com/r/btc/comments/6azyme/hey_bu_wheres_your_testnet/dhiq3xo/?context=6
+
+Fairly cool propaganda poster https://twitter.com/urbanarson/status/880476631583924225
+
+btc tankman https://i.redd.it/gxjqenzpr27z.png
+https://twitter.com/DanDarkPill/status/853653168151986177
+
+asicboost discovery meme https://twitter.com/allenscottoshi/status/849888189124947971
+
+https://twitter.com/urbanarson/status/882020516521013250
+
+gavin wanted to kill the bitcoin chain https://twitter.com/allenscottoshi/status/849888189124947971
+
+stuff that r/btc believes https://www.reddit.com/r/Bitcoin/comments/6ld4a5/serious_is_the_rbtc_and_the_bu_crowd_a_joke_how/djszsqu/
+
+after segwit2x NYA got agreed all the fee pressure disappeared, laurenmt found they were artificial spam https://twitter.com/i/moments/885827802775396352
+
+theymos saying why victory isnt inevitable https://www.reddit.com/r/Bitcoin/comments/6lmpll/explaining_why_big_blocks_are_bad/djvxv2o/
+
+with ignorant enemies like these its no wonder we won
+https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-999 ""So, once segwit2x activates, from that moment on it will require a coordinated fork to avoid the up coming "baked in" HF. ""
+
+a positive effect of bcash, it made blockchain utxo spammers move away from bitcoin
+https://www.reddit.com/r/btc/comments/76lv0b/cryptograffitiinfo_now_accepts_bitcoin_cash/dof38gw/
+
+summary of craig wright, jihan wu and roger ver's positions
+https://medium.com/@HjalmarPeters/the-big-blockers-bead6027deb2
+
+Why is bitcoin so strong against attack?!?! (because we're motivated and awesome)
+https://www.reddit.com/r/btc/comments/64wo1h/bitcoin_unlimited_is_being_blocked_by_antivirus/dg5n00x/
+
+what happened to #oldjeffgarzik
+https://www.reddit.com/r/Bitcoin/comments/6ufv5x/a_reminder_of_some_of_jeff_garziks_greatest/
+
+big blockers fully deserve to lose every last bitcoin they ever had and more https://www.reddit.com/r/BitcoinMarkets/comments/756nxf/daily_discussion_monday_october_09_2017/do5ihqi/
+
+gavinandresen brainstorming how to kill bitcoin with a 51% in a nasty way https://twitter.com/btcdrak/status/843914877542567937
+
+Roger Ver as bitcoin Judas https://imgur.com/a/Rf1Pi
+
+A bunch of tweets and memes celebrating UASF
+
+https://twitter.com/shaolinfry/status/842457019286188032 | 
+https://twitter.com/SatoshiLite/status/888335092560441345 |
+https://twitter.com/btcArtGallery/status/887485162925285377 |
+https://twitter.com/Beautyon_/status/888109901611802624 |
+https://twitter.com/Excellion/status/889211512966873088 |
+https://twitter.com/lopp/status/888200452197801984 |
+https://twitter.com/AlpacaSW/status/886988980524396544 |
+https://twitter.com/BashCo_/status/877253729531162624 |
+https://twitter.com/tdryja/status/865212300361379840 |
+https://twitter.com/Excellion/status/871179040157179904 |
+https://twitter.com/TraceMayer/status/849856343074902016 |
+https://twitter.com/TraceMayer/status/841855022640033792 |
+https://fs.bitcoinmagazine.com/img/images/Screen_Shot_2017-08-18_at_01.36.47.original.png
+I accepted. I'm going to be going from $18.50/hr with an average of 27 hours a week to $19.50/hr with a guaranteed 40 hours a week, and I'll be getting raises quicker too.
+
+Also I should have my cc debt paid off by the end of this month.
+What is market manipulation? According to the SEC:
+
+>Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.
+
+Now JPow with his money machines is clearly engaging in the manipulation technique known as ***ramping***. He is executing a large number of buy orders in debt securities that are artificially inflating their prices above actual value. His purchases also have a cascading effect of inflating equities above actual value, helping him and his fraudster friends on Wall St unload their worthless equities well above their fair value.
+
+​
+
+**Whistleblowing:**
+
+The SEC awards whistleblowers 10-30% of the funds recovered from successful litigation. Usually the amount won in litigation is some large fraction of the amount that the manipulator received by defrauding investors. Since JPow has injected trillions of dollars into his *illegal ramping scheme*, you may expect to see an award between 1 billion and 100 billion dollars. This amount is probably much more than you lost on your autistic FDs. You can submit your complaint here: [https://www.sec.gov/whistleblower/submit-a-tip](https://www.sec.gov/whistleblower/submit-a-tip)
+
+​
+
+May the Brrrrrrrr be ever in your favor.
+
+​
+
+Edit: **How to fill out the complaint form**:
+
+\-Tick "Market Manipulation," "Pump and dump scheme"
+
+\-Paste in the following or write your own text to describe JPow's illegal conduct:
+
+The Federal Reserve Board has taken unprecedented action to purchase debt securities beginning with 1) expanded repo operations and treasury repurchases on 03/03/2020, 2) investment grade bonds, commercial paper, mortgage backed securities, and IG corporate bond ETFs on 03/30/2020, 3) junk grade bonds and junk bond ETFs on 04/09/2020. This multi-trillion dollar purchasing action has had the result of pushing up the prices of these securities AND the share prices of companies whose debt is being purchased. The illegal ramping caused by this purchasing is now allowing many of the Fed's cronies on Wall St to unload their shares of debt and equity securities at prices well above their fair value. Funds and investors that are currently short the market are losing money as a result of this ramping and in the near future retail investors and pension funds will be caught holding the bag when the value of securities drops to reflect the -30% growth of US GDP this year.
+
+\-Tick the loss button and enter the amount you got boned on FDs. You can still submit even if you didn't lose money.
+
+\-Conduct began on 03/03/2020
+
+\-Learned about conduct through publically available information.
+
+\-Taken any action? Other. "[Made shitty memes](https://www.reddit.com/r/wallstreetbets/comments/fjdygx/when_the_fed_steps_in/)"
+
+\-Next page: Either person "Jerome Powell" or entity "Federal Reserve Board of the United States"
+
+\-Next page: Debt securities, "All of them"
+
+\-Next page: Submit with your name to get money or anonymously.
+
+​
+
+https://preview.redd.it/rx2di99xwtr41.png?width=1416&format=png&auto=webp&s=f37c8f71addaa2de3d933e280e746af4912966c2
+TLDR; asking for more money, have evidence I deserve it and that colleagues are on more than me, but I’m stuck in a once a year pay review that I think will be scrapped soon 
+
+Hey
+So tomorrow I will be going for attempt number 2.5 of asking for more more. 
+My industry works on 5 year government contracts and I had to change to my current employer when my previous didn’t win the new contract. I took a £500 pay drop, no big deal, however I still tried to negotiate for more but was told there was no movement and everyone starts on the bottom of the band. 
+
+Tried at month 6 after proving my performance (not commission based), being in the top few in the leaderboards of the company at my level. Was told the same thing. Pay reviews are done yearly based on passing all quarterly reviews. Also the pay review will only go up one band at a time which is around £700 a time. It would take 4 years to reach where my colleagues salary, who came into the contract as an internal employee, but has the same years of experience under their belt. 
+
+Tomorrow, just shy of my 1 year work anniversary, I have arranged a meeting with my bosses boss to discuss where I can go in the company and what I need to be doing to eventually get there. I want to bring up the pay to her in this too. 
+
+Why do I feel I am worth more?
+1- Turns out that the internal employees that moved from the last contract to the new one are all on more than me and wasn’t in this trap. 
+2- I have been in the top 5 performers for a year now. 
+3- i was close to being offered a significant promotion with another company last month, feedback was great however I have only ever worked in big companies whereas this was a small 5 man operation, with it being a management role it was too much of a risk for the company. 
+4- I am starting to get calls from agents about other opportunities in the same industry that are paying more. 
+5- we have recently been taken over and the small bonus scheme we did have (which I hit) has been removed and I can see the annual pay review structure will also go just in time for my review. 
+
+
+
+
+My question is has anyone ever negotiated their way around the once a year pay reviews and how did you approach it? 
+Thank you
+
+Edit; love my job and love the company, the other jobs out there that are new to the job market aren’t enough money and also aren’t close to home like my current job is so it would take a move up for it to be worth my while moving company 
+Elon Musk said Tuesday he’s met his goal of selling 10% of his stake in Tesla Inc., and criticized California for “overtaxation.” In a nearly hourlong podcast interview with the satirical website the Babylon Bee, the Tesla TSLA, +4.29% CEO said: “I sold enough stock to get to around 10% plus the option-exercise stuff, and I tried to be extremely literal here.”
+
+According to a Securities and Exchange Commission filing, Musk exercised 2 million more options and sold nearly 584,000 more Tesla shares Tuesday, bringing the total number of shares sold over the past month-plus to about 13.5 million — slightly shy of the roughly 17 million shares that constituted his 10% stake as of Nov. 7, when he posted a Twitter poll asking whether he should sell. He’s made more than $14 billion in those sales. But over that time he’s also exercised options to buy about 16.4 million stock options at about $6.24 a share, actually increasing his stake in the electric-auto maker.
+
+Musk also tweeted Sunday night that he will pay more than $11 billion in taxes this year. That equates to about 8.06 million of his recently sold shares going to his tax bill on stock options set to expire next year. Musk, who has insulted top Democrats in recent weeks who have called for him to pay more in taxes, took a parting shot at California’s high taxes.
+
+“California used to be the land of opportunity and now it is… becoming more so the land of sort of overregulation, overlitigation, overtaxation,” he told the Babylon Bee.
+
+This year, Musk moved his residence and Tesla’s corporate headquarters from California to Texas, which has significantly lower taxes. Musk is the world’s wealthiest individual according to Bloomberg’s Billionaires Index, with a fortune of about $245 billion — up nearly $89 billion this year alone. In Tuesday’s podcast, Musk reiterated that his wealth is tied up in stock. “It’s not like I’ve got some sort of massive cash balance,” he said. Tesla shares gained more than 4% Tuesday and are up 33% year to date. The company’s stock has soared more than 1,100% over the past three years.
+
+[https://www.marketwatch.com/story/elon-musk-says-hes-sold-enough-tesla-stock-to-satisfy-his-10-goal-11640149728?mod=mw\_quote\_news](https://www.marketwatch.com/story/elon-musk-says-hes-sold-enough-tesla-stock-to-satisfy-his-10-goal-11640149728?mod=mw_quote_news)
+Title.
+
+Learning to daytrade is something I'd like to learn how to do. I don't understand most of the information I'm looking at or hearing, I just want to know if this guy is a good teaching resource.
+
+I was laid off during coronavirus, I'm 26 years old living at my parent's and the unemployment money coupled with no overhead has allowed me to build up a bit of a nest egg to around $10k. I don't want to blindly invest it like everybody else seems to have done with their money, so I'm looking at options to learn something where I don't have to spend the rest of my life working for somebody else.
+I recently learned about dark pools and it seems like the reporting of large institutional traders' trades are either delayed or not even made public at all sometimes. Doesn't this make volume kind of a useless indicator because it's not taking the dark pools data into account? Or worse yet could it be skewing the volume data by adding the volume onto the candle when it was reported rather than the candle when it actually took place? I heard this was one reason why footprint charts can't be used on anything besides futures so it made me wonder why volume was accepted.
+Title.
+
+Learning to daytrade is something I'd like to learn how to do. I don't understand most of the information I'm looking at or hearing, I just want to know if this guy is a good teaching resource.
+
+I was laid off during coronavirus, I'm 26 years old living at my parent's and the unemployment money coupled with no overhead has allowed me to build up a bit of a nest egg to around $10k. I don't want to blindly invest it like everybody else seems to have done with their money, so I'm looking at options to learn something where I don't have to spend the rest of my life working for somebody else.
+We were talking about that fun hypothetical, winning the lotto. Dad likes to buy a ticket every now and then, and we like to imagine what we'd do with that money. My parents could actually retire right now, they have enough, but they seem to think they don't. Whatever, they can do what they want.
+
+I haven't told anyone about my FIRE plans. Really I've just started now at 26, I only got out of debt a year ago and I'm striving to save enough to get started with Vanguard despite being minimum wage (the Australian full time minimum wage). I finished studying an accounts course a month ago so I can get higher paid work but I just wanted to get started saving so I can start investing.
+
+Anyway, the convo was basically 'what we'd do with $1M'. It went such:
+
+Me: "A million bucks? My life would be sorted with that kind of money. I could get my back fixed then never work again."
+
+Mum: "Well, you'd get your back sorted, then you'd go back to work."
+
+Me: "No, I wouldn't go back to work, I'd retire."
+
+Dad: "You can't at your age."
+
+Me: "I could if I had enough money."
+
+Mum: "But then your life would have no purpose! You wouldn't throw it away like that."
+
+Me: "How is working giving me purpose? Are you saying my life's purpose is to go work for (Employer) and keep making (Boss) richer? That's a shitty purpose to life."
+
+Dad: "Well, I suppose you could start doing those sewing classes you've always talked about teaching."
+
+Me: "True, although I'd like to offer free classes at the local community centre for low income people, maybe a free craft group for older ladies to come and do some craft together, something like that."
+
+Mum: "Don't be silly, you'd have to charge people to make it worthwhile otherwise you'd be wasting your time."
+
+And basically the conversation ended there. I don't really know what I'm hoping for by posting it here. I know people don't get the idea of FIRE, everyone has their own ideas on how to deal with money. But my parents were the only people I planned on telling and I guess I assumed that because they know about my back problems (three bulging discs) that they'd understand my desire to not have to work because I end up in fucking agony at the end of every day. But I feel like they don't support me in this thinking, or maybe they just don't understand how this could work, I don't know.
+
+I have many hobbies I enjoy and many things I'd like to do and try but with work being such a timesink I don't want to do it any longer than I have to. My life will not be lacking purpose when I stop working, really one could argue my life would *start* having purpose once I stop trading my time for money to live on.
+
+I'm sure other have experienced similar conversations with people. Did you try and make the other party understand? Or just let it go? I know that a lot of people here choose not to share with family or friends for various reasons, but I feel like I'd like IRL support and thought my parents would be on board.
+I refined my Coast FIRE plan recently while backpacking and thought I'd share.  For me it's the perfect plan, so I hope someone finds this useful. 
+
+Me: 
+- 36M
+- Married with 2 younger kids
+- Biologist in the US
+- Been working in my career for 15 years, including the past 10+ years straight
+- Salary has ebbed and flowed between $10/hour to my current salary ($200k/year). 
+- My wife doesn't work and I've only been above $100k for 2 years now (2020 salary was $130k). My average salary during my career is between $55k and $60k.
+- Found out about FIRE later than some reading this for sure
+
+Current financial:
+- $240k in retirement funds (VTSAX, VTIAX)
+- $30k emergency fund (VTSAX, VTIAX)
+- $325k home equity
+- $150k left on low rate mortgage. No other debt. 
+- Savings rate exceeds 50% of gross income
+- Currently socking away annually about $85k into retirement funds, $10k extra into mortgage, $10k into a rainy day investment fund, and $5k into 529. We set aside about $10k a year for vacations.
+
+My job is high paying, especially for a biologist, but also extremely stressful as a project manager working 50+ hours a week. The stress is wearing me down and affecting the rest of my life. I actually really like the job but can't do this forever.  
+
+So my plan is to work for 3.5 more years, take a 1 year sabattical, and then Coast (same job hopefully) at 20-30 hours a week. The details:
+ - Start my sabattical before I turn 40 hopefully with at least $500k in my retirement accounts (will be $600k inflation adjusted if it's 7% post inflation)
+- During this next 3.5 years I'll be slightly decreasing my annual contribution into the retirement brokerage account, eliminating my advance mortgage payments, and starting a sabbatical account which will be used for 1 years worth of expenses and for purchasing a camper van.
+- We'll maintain the 10k annual vacation account, buy the camper van asap, start using it on weekend camping trips over the next couple years, then drive all over the US, Canada, and Alaska during the sabbatical year.
+- Upon returning, I would work a maximum 30 hours/week, plus standard PTO/holidays. This will be accompanied by a significant salary decrease (guessing 30-40 %) but in return I'll still net 6 figures and also only work 3 days a week, which will be full-time at my job and thetefore eligible for benefits. I'm pretty confident I can negotiate this.
+- While coasting I'll invest enough for company match,  pay off my mortgage,  save up more for my kids college, and keep going on vacations.
+Hopefully i can FIRE for good after about 10 years of coasting, at which point the kids college will be wrapping up, we'll have a paid off mortgage and enough to FIRE on 4%. Tentative plan is to buy a modest sailboat and sail between Alaska and warmer islands.
+
+I hope someone got motivated or learned something. For me it's the perfect plan, as I can maximize this good salary over the next couple years while still enjoying life, then decompress and take a year off camping in national parks, then transition to the final coasting part of my career, and then reitre early at 50. $50k/year will be plenty for us, and while it would be nice I have zero interest in pursuing FatFIRE at the risk of my health and freedom.
+
+Remember to enjoy this life before it's gone, and don't take yourself too seriously.
+I am currently on a 12 month industrial placement at  corporate company. I have the option to contribute to my private pension whilst I'm here. The employers will also contribute.
+
+
+Currently I earn approx £1,500/month and am left with approx £1,300 after tax / NI. My monthly expenses are under £1.2k. 
+
+**Is it a good idea to enroll in the private pension?**
+
+
+*My worry:*
+
+- I'm not living at home and have to think about rent, food, bills, and other expenses. My monthly expenses are under £1.2k.
+
+- I don't want to be stressing about money or getting a 2nd job whilst on placement. I only have £1k in my emergency fund right now (not enough). I definitely need to build this. 
+
+Yes I'm not bothered hugely about saving right now given I'm learning a lot and moving out (gaining independence) is a feat in itself.
+
+Would it be worth it **financially** to have all the above expenses as well as pension? This would reduce my take home pay even more...
+
+Already at the end of the month I have about <£150  to put into my savings.
+
+**FURTHER INFO/CLARIFICATION:**
+- monthly salary (after tax): £1.3k
+- monthly expenses: under £1.2k
+- emergency fund: £1k
+- why savings? Saving for a car/insurance, holiday, long term to buy a house, and to continue building an emergency fund.
+- employer *WILL* contribute to pension
+Just got an email saying the site is back and working, very useful for those doing current account switching needing direct debits.
+
+Charities also a good option for those accepting low amounts
+My sister is a single mom to an autistic child who lives in a trailer in Wisconsin. Her roof is leaking badly due to rain and she has no money to fix it. I don’t know how to help her. Right now it’s a 14x74 tin metal flat roof, but my friend who works in roofing is saying most places would want to replace it with steel ($5-6k) or shingles ($3-4K). I’m at a loss. She doesn’t apply for emergency housing because her house is too old (1975). I told her to set up a gofundme but she refused because people tend to be nasty on there.
+
+EDIT: I’m asking for ideas on how to help. Right now she’s got a guy friend trying to help with tarps and the suggestions below. I’m not asking for anything but ideas or suggestions on how to help. Thanks!
+Hi there,
+A while back I asked this community about doing 0 confirmation sales at a food truck.  Just updating because I said I would, and to share my experience.  Original link below.
+
+https://www.reddit.com/r/Bitcoin/comments/48avex/q_if_you_had_a_food_truck_would_you_do_zero/
+
+After two weekends, I did a small handful of sales and had zero issues.  I average about 250 transactions a day, and did 6 total BTC sales.
+
+BUT, I have to stop doing it.  The problem in a nutshell: turns out I don't have time to talk about Bitcoin.  Far to much time spent either:
+1. Explaining what it was
+2. Listening to why it was a dumb idea, or
+3. Listening to how cool of an idea it was.
+
+If I was in a different business, I'd do it again.  But I need to move people through and lost time is literally lost revenue.  Turns out I would rather sell food than be a Bitcoin Junior Ambassador.
+
+That's it, thanks for your free advice on the matter.  If the cost/benefit was a little more even I'd do it again, but not this year.
+
+
+My parents want us all to have power of attorney (financial not medical) over my adult special needs brother. 
+My brother is very vulnerable and has a lot of behavioural issues. My worry is, if he gets involved in something financially dodgy, can I be held liable in anyway as someone with power of attorney? For eg if someone online convinces him to accept money and pass it onto another account (ie money laundering) or something similar, can I get into trouble? He's actively online gaming and constantly talking to people and it wouldn't surprise me if one day he gets roped into something but this is out of my control as my parents look after him.
+Is there anything I need to seriously consider before becoming power of attorney?
+Edit: I should probably mention my parents want to arrange this now all at once in case they die or for when they get too old, that way it's already all set up for me to take over dealing with his affairs when they can't anymore. 
+
+Thanks!
+​
+
+https://preview.redd.it/gnhwxbi45y991.png?width=422&format=png&auto=webp&s=bdd7508abdc8a014366c74e2ea89e987a31afdaf
+
+Thank you for your time if you are reading.
+
+I got into bitcoin in 2017 and since then it has become almost an obsession for me.
+
+I specify that I live in Switzerland I am 26 years old and have a decent job.
+
+Ever since I became aware of Bitcoin my obsession has been to accumulate as much of it as possible.
+
+​
+
+Today I wanted to share with you the story of these 0.29 BTC that are a part of my accumulation.
+
+In February 2020, I went to visit a Bitcoin mining farm in Italy. I was fascinated. I specify that at that time the price of BTC was around $9,000. The mining difficulty was 15.49T while the hahsrate was 110EH/s. Currently it is double that.
+
+I decided not to buy an ASIC for Bitcoin mining, a bad decision. In any case, in my head the idea of also investing in mining to accumulate as many BTC as possible, kept rattling around in my brain.
+
+So in March 2021, for my birthday I gave myself a 110 Th/s Antminer S19 Pro for €8'850. I also took out an energy contract and spent 2'000€. I was excited to get started. The mining difficulty was 21.72T while the hahsrate was 155EH/s.
+
+The first 6 months went great and I managed to accumulate 0.14 BTC, which was 5'850€ at the time. So almost half of my initial investment. This is thanks to the strong price of BTC and thanks to the exodus of Chinese miners.
+
+So I decide to sign another 6-month electricity contract (October 2021-March 2022) for €2'480. The cost of electricity was starting to rise, plus they charge me 22% VAT in Italy.
+
+However, this did not deter me. In fact, on top of that I paid 250€ for a total overhaul of my machine (thermal pastes, fans,..).
+
+From here on, the difficulties begin in what is turning out to be my worst investment to date.
+
+Rightly so, the price of Bitcoin begins to fall (nothing to say about that), the difficulty of mining however does not stop growing. Plus in Italy, the cost of electricity skyrockets to unprecedented levels.
+
+My contract stipulated for October 2021-March 2022, turns into a quarterly contract Q4 2021.
+
+Because of this 'energy crisis', contracts become quarterly. So for Q1 2022 I pay 2,900€ in electricity to keep my little dream going.
+
+After 1 year I had spent a total of 16'480€ and mined 0.25 BTC. For a countervalue at that date of 10'500€.
+
+The difficulty of calculation continued to rise and the power reached 200 EH/s.
+
+I decide to pay another quarter of electricity 2'500€ Q2 2022.
+
+To date I have accumulated 0.29 BTC which cost me 18'980€, but which are currently worth 5'800€.
+
+I am waiting for the invoice for Q3 2022.
+
+You can monitor the situation at my address here:
+
+3HDtUVyaEeXaxKsSRZVoVXmf6EUfqzxPUm
+
+If you want to send some Satoshi for a beer go ahead :D
+
+Calculation difficulty and hashrate currently show no signs of letting up, but I'm not giving up either.
+
+I'll let you draw your own conclusions from all this.
+
+Call it naivety, call it madness, call it a gamble, call it a bad investment, call it a life lesson, call it whatever you like.
+
+Currently this continues to be the way I spend the most on accumulating bitcoin. Time will provide the answers.
+
+Thank you for taking the time to read my story.
+
+EDIT:
+
+I would like to point out that the machine is located in a hydroelectric power station and is powered by renewable energy.
+
+I have already been doing DCA for several years to continue accumulating BTC but on other addresses. This was an alternative way (unfortunately very expensive at the moment) to do it totally anonymously, contribute to the security of the network, and experience a new investment.
+
+If the price were at 60,000€ no one would have anything to say.
+
+Unfortunately, it is not a good investment at the moment, but let time give us the right answers.
+I have pretty old school parents who refuses to have any debt or to leverage money. So they own a house outright with no mortgage.
+
+With zero intentions of buying a house for investment purposes, my parents' house value (just my own estimate based on similar house sales in the same suburb) has gone up 200k from when they bought it early last year. 
+
+Considering they don't have any loans, can they still somehow access "equity" or similar?
+
+If not, it's got me thinking, is it better to be in debt rather than zero debt in this sort of case?
+
+I'm asking because my parents are almost retirement age. They will not qualify for pension (not aus citizens) and as we only moved here not that long ago, their super is basically non existent. Because they have so little financial knowledge, I'm just worried about their finances once they grow older. My mum is still working 12+ hour shifts and barely making any savings. They are even too scared to put their money into EFTs and so they have their savings into term deposits which is not even keeping up with inflation. And me trying to explain any strategies about finances has only caused more stress for them and causes arguments.
+
+But call me selfish, but my worry is that I can just see me having to care for them financially in the future. 
+
+I am not that financially knowledgeable either so have been trying to learn on my own so any help would be appreciated.
+
+One good thing is that they let me borrow some money for a deposit on a house and land package (signed late last year) which has also gone up in value about 150k. Although, the land is not anticipated to be titled until mid next year due to covid delays. Even though it's solely under my name, I of course plan to pay them back with a generous interest.
+Hello all, 
+I may be late to the table but here's my status.
+I have been wanting to start regular etf investment and I think am ready to start that. Have set up my self wealth account and planning to do a recurring 1K monthly. 
+
+Seeing all the ETFs are pretty much at their peak of value am thinking should I start at 500 pm and switch to 1k pm if I see the prices are falling? (Of course don't know when that will be or maybe we'll it could go up as well). 
+
+And for a starter which ETFs do I start with. Do I stick to the same or do I have an investment frequency to a few and keep rotating that drip feeding? Any advice what has worked well for you all is highly appreciated thank you
+We of course have the MOASS that will eliminate a lot of the shitadels and Melvins of the world but the reason they should be absolutely terrified is simple…
+
+Education. 
+
+I’ve learned more about how the stock markets really work over the last 3 months than I have in the other 38 years of living. There is not a single book or class on the planet that will give you this kind of education because we are getting first hand experience. This is like on the job training for 🦍 Just think about what we’ve learned one this one stock:
+
+Naked short selling
+Short squeeze 
+High Frequency trading
+DTC 
+DTC Rule implementation process
+Cede and Co
+Market Manipulation 
+Margin Calling
+Float
+Shill Tactics
+Proxy Voting
+FUD
+FTDs
+Dark Pools
+Bloomberg Terminals
+Chart patterns
+Negative Beta
+Patience 
+Share lending. 
+
+
+Those are just things I can think of off the top of my head, I’m sure I’m missing some obvious ones and I know not all of the topics were new to all of us. I just think everything about this particular moment in time has aligned perfectly for 🦍 to grow some wrinkles. 
+
+Had this all been tied to a different ticker, I probably wouldn’t have been as interested as I am. I mean if RC would have invested heavily into JC Pennys and HFs had shorted it the same way, I don’t think it would have caught on as much as this. Maybe for the more wrinkle brains it might have, but not for me. But what did they do? They screwed with the one of the thing younger generations know best. GME isn’t theirs, it’s ours and we will decide it’s fate. Now we see it as a chance to save a generational icon while transferring generational wealth and knowledge. 
+
+I think because it was GME, we took interest. Because it was GME we got pissed. Because it was GME apes connected on a different level with each other. Because it was GME, we educated ourselves.  Because it was GME we 💎🤲. Because it was GME I bought more. Because it was GME we are still here. 
+
+Do you think any of us are going to blindly invest in a stock again because we think we believe what we read on any of these shill websites? No. We will be looking at all of these same resources we have discovered along this journey and formulating quality DD.  We have experienced first hand evidence of media manipulation with our future telling friends at market watch. Do you think we will ever listen to them again? No. You know why? Because they’ve let this drag out so long, we’ve been able to dig and dig and dig. We’ve experienced first hand as a group of 🦍 all of this together. We’ve been educated to their tactics. 
+
+A message Dr. Trimbath was trying to deliver over a year ago would have never reached this audience had it not been for atobitt and House of Cards. We may have never seen these DDs had they let this happen in January. The squeeze wasn’t the worst outcome. Educated 🦍 🦧 was the worst outcome for the long term (obviously it won’t matter to Kenny in 5 years when he is giving BJs for tendies behind Wendy’s). And that ship has sailed, these apes are way more educated than they ever wanted. Even though we snort crayons and fling our sh*t at each other, we are learning as we do it. 
+
+Anyway, I got to keep rubbing my wife’s boyfriend feet before he starts yelling again.
+In an ideal world, if we knew that sometime in Q1 of 2022 Bitcoin would peak at around $138k and with it most cryptocurrency mining stocks, what would be the best crypto-stocks to short?
+
+How I see it, the macro-environment is really stacked against crypto-mining stocks AFTER the current bull run is over. Bitcoin usually takes 1-2 years to decline to a new low (this time a good estimate is probably 75% from ATH); interest rates are likely to go up in the next 1-2 years making the debt these companies have more difficult to service; and most importantly, these stocks are momentum-driven, when investors realize the bull run is over I think many will not want to wait years to see new highs. All of this is skipping over the real possibility of any kind of stock market correction, minor or major, because we are close to ATHs in most markets.
+
+RIOT, MARA, HUT, etc. are some of the companies I'm considering shorting next year, but some other users on here have made great bear cases for Coinbase and even Microstrategy.
+
+I'd love to hear what everyone thinks!
+Back in early 2000s I remember being taken into the gymnasium with all the other upper school students where a presentation took place.
+ It was some kind of finance advisor dude, and he kept going on about how we MUST contribute to a private pension as soon as we enter the world of work, because he said there would be no government pension provided when we got to retirement age.
+
+He also discussed motivation and not giving up through our higher education.
+Safe to say his words fell on deaf ears cos here I am 20 years later and I quit higher education. Also working a menial job and dont put anything aside for a pension, except what the govt "force"me to, unless I opt out. Which I'm too scared to do in case I'm left with no income in my old age.
+
+With his words ringing in my ears, I'm now inclined to believe that the reason I am forced to be in a pension scheme through my work is because the government is indeed planning on phasing out the state pension and have everyone rely on their private one.
+
+Is this reasonable thinking?
+So we decided to leave British Gas and get a final bill £500 higher than expected.
+
+We've had a smart meter installed and prior to that I submitted regular meter readings. Due to a meter fault we had our has meter swapped out for a new unit in April.
+
+Looking at the bill, this seems to be the issue. For some reason they estimated the final reading on the old meter and then a week later entered a reading 1,000 kWh higher than the estimate.
+
+I now can't access my meter reading submission history as "that can only be done one the app" and my account is "not eligible for use with the app" presumably as I'm switching.
+
+The previous bills all state "estimate" despite readings being submitted, so I'm confused by this.
+
+What can I do? This seems an extortionate amount and I no longer have the old meter to check the reading on there was anywhere near correct.
+
+For context this is a new build house ~24 months old with gas hob and boiler.
+If you don't know wtf is happening then just Google "Suez Canal Blockage" and come back. 
+
+I believe there is more to the story. And the Blockage might not be solved until weeks from now (maybe more who knows?) in case everything went smooth and no fuxk ups and wreckage happens because it's a VERY BIG ASS SHIP that blocked the whole thing sideways. 
+
+The longer this disruption persists, the wider the ripple effects will be. Understand?
+I was thinking about the ripple effect and how that might affect the world trade. Why? 
+
+%10 of world trade by tonnage passes through the Suez Canal
+%9 of the world's seaborne oil (5.5 million barrels of oil) passes EVERYDAY!
+
+We need think out loud and discuss how the fuxk we can benefit from that. 
+What instruments? And why? 
+And I will edit the post for you dear apes. 
+
+Long Oil while we think about fuxking the world economy this weekend.
+
+Edit1: Tankers could be a play.. $NAT has some potential to capitalize on the situation because of their fleet is Suezmax size etc
+
+I'm not your financial advisor I'm your daddy. Who does serious DD these days anyway
+I’m 32 years old and I feel like I keep an eye on stuff, but maybe to a fault. I make roughly $65k/year in a very low cost of living area. 
+
+My only debt is $8,500 left on my house. ($110k)
+
+My job doesn’t offer retirement. I max out a Roth IRA ($90,000) and i have two other accounts ($38,000 and $22,000) that are “non retirement” but they will basically be used as retirement. I don’t plan on touching them for years. 
+
+My problem is I know I’m a little too focused on retirement sometimes. I keep saying ”okay once this account gets to this amount I’m going to back off a little bit and do a few extra things in life now”. But then I always just create a new goal in my head and continue doing the same thing. 
+
+Im worried that I might be to carried away and I can’t imagine that’s good for mental health.
+I often see this credit union recommended on here so I was surprised to read this news. I don't think this means it's Very Bad, Never Bank There but just wanted to share for awareness.
+
+http://fox43.com/2016/10/11/navy-federal-credit-union-mislead-members-will-pay-23-million-to-victims/
+
+Today the Consumer Financial Protection Bureau (CFPB) took action against Navy Federal Credit Union for making false threats about debt collection to its members, which include active-duty military, retired servicemembers, and their families. The credit union also unfairly restricted account access when members had a delinquent loan. Navy Federal Credit Union is correcting its debt collection practices and will pay roughly $23 million in redress to victims along with a civil money penalty of $5.5 million.
+
+"Navy Federal Credit Union misled its members about its debt collection practices and froze consumers out from their own accounts,” said CFPB Director Richard Cordray. “Financial institutions have a right to collect money that is due to them, but they must comply with federal laws as they do so.”
+Hey guys. My daughters estranged mom died recently and left her $20,000. In my state, you can’t have more than a few thousand in savings to qualify for state-funded health insurance. Now, I just got a notice saying my daughter and I’s insurance will be discontinued because of my account balance. I have diabetes and now I am worried all that money, that is meant for HER, is going to be spent on just keeping me alive. I don’t have much to give her and I really want her to atleast have this when she goes off to college. Is there anything I can do to make it so this money isn’t counted in my assets? She’s only 9.
+
+ETA: we are in MA
+A family member is considering upgrading his daily driver/work car, a Volvo SUV, and he very kindly offered to gift my wife and me the vehicle. My question: Would this make financial sense for us?
+
+The details: We have a well-maintained, 8-year-old Toyota hybrid we like with low mileage and a very low monthly payment ($225). That said, we're moving to the suburbs next year after my wife graduates a graduate program, and we have a 1-year-old — we know we'll soon need a second vehicle and wouldn't mind the extra room of an SUV. 
+
+The Volvo SUV, less than five years old, has three years left of payments at about $700/mo. 
+
+Is it worth accepting the vehicle now, even though we won't strictly need it for about another year? Or should we instead bank that money and put it toward a vehicle once we need it next year?
+
+My thought: Accept the SUV now. It's tight with our budget for this year, but even if we decide to trade it in in a few years, we'll get back about as much as we'd be spending in monthly payments, insurance, and maintenance. Plus, we know our budget will expand next year. Then again, maybe I'm wrong.
+
+Additional considerations: My wife and I had planned to get an EV or plug-in hybrid SUV, but that's not a deal-breaker. The Volvo SUV gets about 22/29 mpg city/highway.
+
+EDIT: Thanks, all. Exactly why I asked this question here. Thanks for helping us dodge a bullet.
+Okay a little bit of back story (please excuse any grammar mistakes I'm not the best at writing) Well I ended up where I am right now for not being financially smart. (obviously) I am 25 years old and I would of thought that by now I would of had a nice little studio apartment or something similar but no I have a jeep I am now sleeping in. For the past couple of years I've been living with my now ex gf. I think that breaking up with her has been my smartest financial move I've done so far. She would constantly take money from me without my knowledge and deny that she ever took it and she would also do a lot of other scummy things. We both stayed at her moms house were I paid $700 dollars for rent. My ex never held a job so I was was the only one with a steady income. The past couple of days I stayed at a friends house but I felt that I was becoming a burden so I told him that I was going to try and find a new place. I've been thinking where do I go now? I'm going thru some real tough crap right now I was laid off last week I have about $140 to my name and I'm just lost I have no idea what I'm going to do if I don't find a job soon. Going back to my parents is not an option due to family issues but I'm willing to take any and all advice how can I budget this money so I could survive for a couple of weeks?
+
+Edit 1: well I'm going to try and get some rest I have a long day ahead of me. I will keep you guys updated thanks for the advice and kind words they mean a lot to me.
+
+Edit 2: I want to thank all of you for being kind and offering help I was not expecting this type of response at all!
+A friend of mine let me use his house as a mailing address so I can now apply for SNAP and unemployment. I'm not leaning to much on unemployment right now because of the fact that it will take up to 3 weeks to receive any income from them. I would rather look for work. I went to a couple of temp agencies including Labor Ready now I'm just playing the wait game. ( waiting for a call) Many of you are suggesting to look up crunch gym witch I have and they have memberships starting at $9 a month. You guys are the best there are still good people out there. Thanks for the advice and thanks for letting me know I'm not alone.
+Once I found my winning stock I like to research comparable stocks in the sector and dive into the latest financial report or two including the M and D. How often do people actually read through everything verse not doing any research? A couple friends suggested they pick up stocks based on recommends and the general vision
+
+Edit: There seems to be a greater divide then I anticipated
+I am looking for advice on what to do with my Roth IRA. So far I have invested $3200 in my roth IRA for the year, leaving me with $2800 until I hit the max. Up until now, I have just slowly been contributing anywhere from $300-500 a month with the plan of hitting the $6k max in December. I have enough money in my savings account that I could invest the $2800 all at once and still have a comfortable 6 month emergency fund, or I could continue to slowly contribute over the course of the year until I hit the max. Will one option make a huge difference over the other? Need advice on how to continue. If it makes any difference, I have a 70/20/10 VTI/VEU/BND allocation.
+I guess my first mistake was believing any of you regards.
+
+You apes claimed RC wasn’t selling, just filing his forms. Then after he sold you said it was because he was going to acquire. 
+
+Just yesterday you apes said the sale of BuyBuyBaby was going to send this to the moon because it would be the best possible outcome.
+
+Today I read posts about how the sale of BuyBuyBaby was “obviously” a stupid idea. They are literally diluting the share base and somehow you cope addicts think that’s good news for your positions.
+
+Every bag holder here just keeps making up new theories to support their delusion with this stock.
+
+Sincerely, 
+
+Former bag holder.
+I've amassed a large amount of credit due to Eon grossly over estimating my usage (£1000 credit) - they said the best alteration they can make is a 10% reduction in my gross overpayment of £180 per month. 
+Can I cancel my direct debit and let the credit run down? - I've asked for the credit to be put in my account but they've stopped replying to my messages.
+Not that it matters but I'm on a standard tariff.
+
+I want to run my credit to zero and then just pay what I use - what are my options?
+
+Edit: Thank you very much everyone as soon as I said variable direct debit and credit withdrawal they changed their tune and started to become very helpful
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+Is anyone a trader that created a sole prop. for trading? Seems only more tax efficient and logical as you can mark to market and take more than 3k in losses yearly. So long as you trade more than 300 times in a year and it’s not a “hobby”.
+I’ll start. I went to sell an SPX spread(more than likely to algos) 1 min before expiry. Keep in mind I’m on mobile because I was at work. I set it up, see my credit, I’m stoked and I send it off. I watch VERY intensely for the price to stay above my strikes(PCS) and it did! But oh no! I didn’t STO a PCS, I BTO a PDS. Kicked myself very very hard for that one. 
+
+What dumb things lost you money? Any slip ups or oversights that led to losing money? Buggy apps? Lapses in judgement?
+Hi everyone,
+
+So I recently discovered this sub and started watching more YouTube videos on selling options. I was wondering if someone could answer this question for me? From my understanding, a .3 delta and a 30-45DTE is the ideal choice of a strike price because of the lower probability of stock being assigned and because of the theta decay ramp up. 
+
+1. For those who have sold CSP or Cc For a while, how close (stock price to strike price) do you start considering rolling your options farther out? 
+
+2. If you have a contract that is getting close to the strike price, let’s say at the 14 day mark,  but your DTE is not for another 14 days, should you consider rolling it or hoping the underlying trades upwards again so the option becomes more OTM?
+
+
+3. For those that roll, do you often roll down for CSP and roll up for CC?
+
+
+Thanks!
+I've applied on my Fidelity account to increase my options trading to what they call Level 2 which includes CSPs, but they have denied me the approval.  And worse, they won't say why.  I literally spent over an hour on the phone with them (mostly on hold) and talked to three people who just told me they aren't allowed to tell me why I was not approved to sell CSPs.  I already do this on my Ameritrade account and I can't imagine what they want from me on the application.  
+
+So infuriating. 
+
+It stinks too, because this account had previous been at Ameritrade and I'd transferred it because I like the Fidelity interface better and that's where I already have my 401K.  Like, I get that they need you to apply, and I'm aware they don't want people to get in over their heads, but I've been doing this a while and should be able to trade how I want.
+Hey Thetagang, been reading a bunch of content on theta strategies and it seems that the general consensus on when to collect profits is after the option's value has decayed by 50%.  I understand the rationale for pulling out early, but I'm wondering what the reasoning is for use of 50% specifically.
+
+I've got some background in electrical and electronics where exponential time decay is used for determining the state of components, where Tau is a particular length of time for that component to reach 63.2% of it's final value.    Now I realize that this example is a bit different because the exponential curve here slows as the underlying value moves towards it's final value, unlike theta decay which does the opposite.
+
+Has there been any mathematical calculation to support this accepted 50% value?  I'm curious if an analysis of theta decay would support a more optimal value?
+So I am starting a new position in the next 2 weeks. After all my bills are paid(and some extra) I will have 1.7-2.4k left over each month. My plan is to begin buying shares of TQQQ with the plan of owning 1000’s of shares to hold for more than 5-8 years and selling premium on those shares. Is this something that would be stupid or is this viable. I want to save up to buy a house cash within 8 years and this plan seems to allow me to do this. 
+
+Thank you
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep bragging to a minimum; remember every dollar you make is a dollar someone else lost.
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+So this is the first time I got assigned.
+
+I can liquidate at a 1% loss. Should I just do that?
+
+Also, I notice some people have spreadsheets where they keep track of their cost basis and such. Is it really necessary to do that? Why?
+
+Additionally, what criteria do I use for covered calls and date? The original post of the wheel said to sell puts at 70% chance of profit. I was wondering what to do with covered calls. Thanks
+I’m up 15% for the year. 
+
+Worst time was the beginning of the war. I had short positions in everything that went crazy. Oil from 80 ->125, gold 1600->2000, wheat 800->1900 but somehow I survived.
+
+How’s your year?
+In your highly professional opinion, which relatively stable stock that still has decent premiums and is priced between 150-200 dollars? I want to start running a single wheel on my 20k portfolio.
+Update: it’s now 20min until market close and I can’t say how happy I am to see gme stick at 170 levels and be green for the day what a ride today pre market 166 got totally rejected 
+
+It looks like DRS is working and i can see the next move from hedgies coming in from a mile away
+
+As DRS continues to put pressure on hedge funds they will be looking for a way to get more shares to short on GME i think hedge funds are about to unload a lot of ammo on GME to tank the price to around 157 today because they want to shake as many paper hands as possible as to have more ammunition for fuckery.
+
+DRS is working and if you haven't done it already i would strongly recommend you take the time to research some quality DRS DD and Guides.
+
+As always not financial advice
+
+Love from Scotland
+
+​
+
+Note: Some people are thinking this post was designed to get you to sell ....let me be clear ABSOLUTELY NOT :P . not financial advice BUY THE FUCKIN DIP AND DRS
+Seriously, I want to get this off my chest as a Canadian ape frustrated with GameStop's website.
+
+
+The search bar at the top is weak and omits relevant search results that are not exactly spelt the same as the item.
+
+The filter options are weak. And when you drill into a console like the switch navigation feels archaic. You can also tell the site is poorly built to handle apparel merchandise and things like toys. A different web page for each size of shirt is bad.
+
+Same thing for electronics like an iPad. Items of the same generation should be on one web page with the option to select a colour and storage size on the same page.
+
+The entire site is no different than when I used to shop on it for GameCube games. We deserve better!
+Original post:https://np.reddit.com/r/CryptoCurrency/comments/sanct2/my_government_announced_1_year_jail_time_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+I contacted many Embassies and they didn't approve when I applied for political asylum.I have been staying off this Reddit account as the security here is tightening even in small cities where I'm currently in.There are checkpoints literally 10 minutes walk away from each other where they check phones.The military checks our phones for vpn and Facebook and messanger.As for crypto,they are not bright enough to understand it at the moment but they check our phones for Binance(idk why).I put all my funds in a Trust wallet and deleted Binance.A hardware wallet is currently on the way which I bought with the money some of the guys from this subreddit provided.More than 90% of my portfolio currently was contributed by some members of r/cryptocurrency.I possess an amount of money($1***) which I couldn't even imagine I could have,thanks to this sub.When my hardware wallet arrives,I will move all of my funds into it and wait patiently and keep investing hoping that one day I can save enough to take my family out of this hellhole of a country.I will keep using this Reddit account and even if I got out of the country,it would be mainly because of this subreddit.Honestly I couldn't believe my eyes when some of you guys sent me,an internet stranger they just met,actual money in the form of crypto.Crypto basically changed my life.I'm now using a more secure vpn with a subscription.Thanks members of r/cryptocurrency.
+
+Is this even the right place to post this?Please tell me if it's not.
+Hello everyone! 
+
+I've realized that a lot of people, specially new ones in this community don't really have a lot of knowledge about these terms and what each of them mean, so I decided to try to make everything clear so that people don't expect completely unrealistic things(like doge is going to reach 1000 USD)
+
+So first things first what does each of those words you find in websites like coinmarketcap and coin gecko mean? Let's understand one by one:
+
+**VALUE**
+
+The value of a coin is the last price someone paid for that coin, note that it doesn't need to be a "whole" coin you can buy 0.0001 coin but the value is always stated as a whole coin. 
+
+EXAMPLE: 1 BTC = 37.791 USD this is how much the last BTC transaction cost to the buyer corrected for 1 BTC. ( So if he bought 0.1 BTC he paid 3.7791 USD)
+
+**CIRCULATING SUPPLY**
+
+This is the amount of a coin that can be exchanged at the moment.
+
+EXAMPLES: 
+
+BTC = 18,618,562 
+ETH = 114,525,091
+
+Note that BTC circulating supply is way lower then ETH which means there is less bitcoin in existence now than there is Ethereum(this is very important)
+
+**TOTAL SUPPLY** 
+
+Total supply is the amount of a coin that can be exchanged + the amount that is locked(but already exists). NOT the amount that will be available in the future.
+
+**MAX SUPPLY** 
+
+This is the total amount of a coin that will ever exist.
+
+NOTE: some coins DON'T have a max supply as there will always be new coins generated. Ex:. Dogecoin
+
+**MARKET CAP** 
+Market cap is a simple multiplication of the value of a coin with its circulating supply
+
+Example: BTC: 37,791 USD x 18,618,562 = 703614076542
+
+As you probably already know Bitcoin is the number one Cryptocurrency in existence today and that is NOT because it has the highest value, but because it has the highest market cap.
+
+That is why 62% of the crypto value is in BTC, because that's the amount of money that is invest in that coin considering the amount of coins in existence.
+
+so for Ethereum to surpass bitcoin its value DOESNT need to go 40k it needs to go to 6143 (at the current supply)
+
+Just so you guys understand how absurd is the idea of doge reaching 100 USD, were that to happen at the current circulating supply (note that doge supply is always increasing quite faster then BTC and ETH) it would have a market cap of 12.8 trillion dollars which is 12 times more than all money invested in all cryptocurrencies at the moment. Oh but how about 1 dollar? Then it would be 128 billion.
+
+**Conclusion** 
+
+DON'T BUY A COIN BECAUSE THE VALUE IS LOW, check the market cap for growth but also check the technology and how other people might be interested in buying that coin as well.
+
+**Edit**
+
+Miscalculated doge 😅
+Perhaps this is more of an economics question. But what is your thoughts on this and how do you think it will affect companies stock prices??
+
+https://www.nytimes.com/interactive/2018/01/16/business/dealbook/document-BlackRock-s-Laurence-Fink-Urges-C-E-O-s-to-Focus.html?dlbk
+Please  use this thread to have discussions which you don't feel warrant a new  post to the sub. While the Rules for posting questions on the basics of  personal finance/investing topics are relaxed a little bit here, the  rules against memes/spam/self-promotion/excessive rudeness/politics  still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments  by "new" (instead of "best" or "top") to see the newest posts.
+Two days ago, the St. Louis Federal Reserve Bank's "On the Economy" blog published [this](https://www.stlouisfed.org/on-the-economy/2021/december/excess-retirements-covid-19-pandemic) post, titled *"Excess" Retirements during the COVID-19 Pandemic*. It links back to Miguel Faria e Castro's essay [The COVID Retirement Boom](https://research.stlouisfed.org/publications/economic-synopses/2021/10/15/the-covid-retirement-boom), which frankly isn't much longer or more informative. It, at least, acknowledges right up front that it is a back-of-the-envelope estimate. I figured it might be an interesting read for this community, given that these are almost all, by definition, early retirements.
+
+Unfortunately, my disappointment with the FRED blog continues. This isn't to say that it's not a useful essay, and it's probably *directionally* correct, but I found the math behind it to be disappointing and the depth of analysis in the article to be lacking. From the chart:
+
+> NOTE: The percentage of retirees is a 12-month moving average, and the Baby Boomer trend is a cubic trend estimated between January 2008 and February 2020.
+
+I'm not in academia, but this seems a bit intellectually lazy. Surely there’s data on the number of boomers by age and a model could be built with projected retirement rates by cohort. The analysis seems to hinge on the divergence between model and reality that starts [here](https://i.imgur.com/ZVHVGBh.jpg), but it seems like the modeled behavior is pretty divergent from the prior several years of data, based on what, a few months of convexity?
+
+The overall point remains valid, but it seems the quantification may be a bit off. The key quote:
+
+> a significant number of people who had not planned to retire in 2020 may have retired anyway because of the dangers to their health or due to rising asset values that made retirement feasible.
+
+This SOUNDS like "early retirement on the rise", right? This intersects interestingly with a great [New Yorker article I posted about](https://www.reddit.com/r/financialindependence/comments/p6fvn1/the_great_resignation_walden_and_fire_a_fantastic/) back in August, talking about the drivers of the Great Resignation. The FRED article confirms that the Great Resignation is, in fact occurring (many previously posited it as a reshuffle rather than a resignation, because reporting at the time focused heavily on actual resignation numbers rather than net employment). As we can see, Labor Force Participation Rate has [somewhat stabilized](https://fred.stlouisfed.org/graph/?g=Kmyq) about 2 percentage points below its pre-pandemic levels. This confirms that folks have indeed left the labor force. To counter the discussion of a gender gap, we can look at November 2021 vs November 2019 by gender:
+
+ * [LFPR - Men](https://fred.stlouisfed.org/series/LNS11300001): -1.5% (69.3% to 67.8%)
+ * [LFPR - Women](https://fred.stlouisfed.org/series/LNS11300002): -1.4% (57.6% to 56.2%)
+
+I'll bring in a third source, however, in a Pew article from November titled ["Amid the pandemic, a rising share of older U.S. adults are now retired"](https://www.pewresearch.org/fact-tank/2021/11/04/amid-the-pandemic-a-rising-share-of-older-u-s-adults-are-now-retired/). A few interesting data points from the [first chart](https://www.pewresearch.org/fact-tank/2021/11/04/amid-the-pandemic-a-rising-share-of-older-u-s-adults-are-now-retired/ft_2021-11-04_retirement_01a/):
+
+ * In Q3 of 2019, 48.1% of adults over 55 were retired. By Q3 of 2021, that number was 50.3%
+ * Interestingly, though, this is shown almost entirely in the 65-74 age group, rising from 64.0% to 66.9%
+
+There are some fun crosstabs on the [last chart](https://www.pewresearch.org/fact-tank/2021/11/04/amid-the-pandemic-a-rising-share-of-older-u-s-adults-are-now-retired/ft_2021-11-04_retirement_03/), most notably that this is somewhat concentrated in higher-educated, American-born, metropolitan folks, but I think that's largely noise compared to the question at hand. The first chart is where the meat is, and it leads to a conclusion that I think runs somewhat counter to the narrative. **The Great Resignation appears to be driven in part by less LATE retirement (65-74), rather than more early retirement.**
+
+I haven't pulled in the relative *sizes* of the cohorts to show what % of that 2% LFPR decrease is accounted for by this age cohort, so I'd happily welcome someone else jumping in on that one, but it seems to me that the story of the pandemic enabling early retirement may be overblown, and instead gave a big kick to those that were already past what we would consider to be traditional retirement years.
+So I work at a bank and a client wanted to open a line of credit. As part of the application process I had to ask him what the reason of the LOC was. He said he wanted to buy Disney stocks....because he just read an article saying Disney bought pornhub....he referred me to the Beaveton.....
+
+[https://www.thebeaverton.com/2018/06/disney-executives-pleased-to-announce-acquisition-of-pornhub/](https://www.thebeaverton.com/2018/06/disney-executives-pleased-to-announce-acquisition-of-pornhub/)
+
+​
+
+We're fucked.
+
+​
+
+\#recession2020 #shoecleanerstockpicks #getoutnow #yolo
+Hi, all! Sorry if this is long or in the wrong subreddit.
+
+On Sunday, we came home to an eviction notice after being gone for the weekend. Our landlord is turning our apartment into an Airbnb and we have to be out of our apartment by June 25th. We are completely devastated because we love where we live! 5 acres of land, lots of woods with a stream for our dog to swim, great neighbors, in the countryside, quiet. We started our apartment search immediately, but aren't having much luck.
+
+We pay $700/mo. right now for rent with everything included (except internet). I'll be honest, neither of us are great with our money. I have almost no money to my name at the moment and my boyfriend doesn't have much more than I do. We have been living paycheck to paycheck for a while, as much as I hate to admit. I believe this is the kick in the butt we needed to get in gear and start being more responsible, but reality checks are never fun.
+
+His parents told us we can absolutely move in with them and I really am grateful for that! I just don't feel comfortable moving into someone else's home and living with them. I love them both, they are wonderful people; but I just feel like we wouldn't be happy staying there for a few weeks/months. We would have to put all our stuff in storage and nothing would be ours (the upstairs that we would be staying in is very small, it really is just a place to sleep).  I'm wondering if this really is the best decision financially.
+
+In order to get an apartment by the end of our lease, we would have to put all bills aside (car payments, insurance) for the month of June in order to save up for a down payment. There are not many places around that are below $1000/mo. that accept dogs (I'm not giving him up ever, he's going where we go). Also: on top of needing the \~$2000 down payment, my boyfriends car crapped the bed recently and needs at least $300 in repairs, which also has to be done by the 25th so we can get it off the landlords property.
+
+I know it's smart to move in with them because we can save more money and get a place we actually want, and not one that we are forcing ourselves to go to just for the sake of having somewhere to call home, which could easily turn into getting stuck in a lease at a place we could ultimately hate. We have to go through it to get through it, no matter how uncomfortable it makes us. I'm just so stressed and sad. I don't have a clear head.
+
+**Edit:**  He put an eviction notice on the door. I asked him why because I knew we were all paid up in rent and we never were destructive. The response I got was this:
+
+"No, it's not you guys. It's strictly a financial decision. This place is not making enough money to support itself. We are going to try an Airbnb. I'm sorry it has to be you, but we have to start somewhere. We can talk if you like, but it's a done deal. A potential $4000 a month vs. your $700. We have to try."  
+
+Our lease ended in August 2020 (I have the original lease agreement) and then after that we just went month to month without signing anything. On the eviction notice, he put that our lease ends on July 1st 2022. He basically reinstated the lease over the weekend (without our knowledge) just so he could put the notice on the door. I'm not sure if it counts as an eviction notice - even though that's what the document said - or if it's more of a lease end and not giving us the option to sign again. 
+It will be on Decemeber 21st, Scarlett vs Naniwa Best of 7 showmatch!
+
+Dbug has provided us a link to the sc2 subreddit!
+http://www.reddit.com/r/starcraft/comments/1sewc8/naniwa_vs_scarlett_bo7_showmatch_for_12_bitcoins/
+Title says it all really. This sub has been good to my gains this year so I'd like to give back by providing this service if its useful to people. I know solutions currently exist but have heard pretty poor things about them. So I'm trying to gauge how many people might be interested in something that takes the documents the exchanges give you and generates actual useable data by going back and looking at market history and determining US dollar value at time of transaction.
+
+I could write this pretty quick but won't waist my time if there is no need. Feel free to give suggestions on what you would like to see included in the product. If no one needs this then I won't bother developing it for the public. Your call reddit.
+https://i.imgur.com/8XBWvdG.png
+
+*Context:*
+
+I graduated with a BA in Political Science in 2008 (great timing!). I spent the next two years of the Great Recession occasionally unemployed or underemployed. I made small token payments when I could, but had to rely heavily on forbearance to keep my debts from defaulting. During this time, accumulated interest began capitalizing into principal, which meant that despite putting some money into my loans, the principal owed largely stayed the same.
+
+I finally got a job worth talking about in 2011, but quickly saw how near I was to my earnings ceiling. I decided to go to Grad School in 2013.
+
+I worked in various temp jobs & paid internships while a grad student and paid every spare dime into my student loans. After graduating in 2015, my first real job came with a 50% raise over my last pre-grad school job. Over the next couple of years, I got a couple of raises/promotions and am now finally in a financially comfortable position. I consolidated my remaining loans to a good fixed interest rate with my credit union last year and I'm on track to have my loans completely paid off in the next 3.5 years.
+
+*Numbers to date:*
+
+Initial Loan Disbursements: ($78,941.37)
+
+Capitalized Interest: ($13,313.27)
+
+**Total Interest Paid: $19,520**
+
+Rebate Credits: $302.25
+
+Scholarships: $8,500
+
+Re-characterized Loans*: $10,646.09
+
+Tax relief from Student Loan Interest Deduction: $3,218.88
+
+**Total Principal & Interest Paid To-Date: $79,368.47**
+
+Remaining Balance in Dec. 2018: ($29,643.37)
+
+*Final Thoughts:*
+
+The capitalized interest was a huge killer. It ballooned my principal and accelerated the accumulation of interest. This kept me down during the most financially strained years of my early working life. A slight silver lining of the recession was the low interest rates that came with Quantitative Easing, which kept my variable rate private loans from accumulating even more interest.
+
+The fact that I have paid more into my loans to-date than the cumulative initial disbursements were worth with $29K to go is discouraging, but I can at least see the light at the end of the tunnel.
+
+Had I known the kind of long-term financial brake these loans were going to have when I was 18, I would have done things very differently. However, what's past is past and I can only control the present. All I can do now is take care of my debts, advocate for change to this terrible financial situation for higher education, and put extra money into my daughter's 529 to mitigate/eliminate her own financial burden if/when she goes to college.
+
+If you made it this far, thanks for reading!
+
+*By "re-characterized" I mean grad loan leftovers that were immediately used to pay down undergrad loans with higher interest rates. You can see this by the stair-steps up & down in 2014 on the chart.
+
+Edit: Typos
+Please  use this thread to have discussions which you don't feel warrant a new  post to the sub. While the Rules for posting questions on the basics of  personal finance/investing topics are relaxed a little bit here, the  rules against memes/spam/self-promotion/excessive rudeness/politics  still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments  by "new" (instead of "best" or "top") to see the newest posts.
+I’ve received a few messages from people asking me about that sub and I just want to let everyone know that we didn’t create some new secret WSB. This is and will always be the only wallstreetbets. Not sure who started that sub but it joins a long list of spinoffs that have been around since I can remember. Here’s a list of such subs, which **I haven’t updated in over 3 years**. I can think of at least 10 additional WSB subs that have started in the last two months.
+
+r/2wall2street
+
+r/ausinvest
+
+r/backupwallstreetbets
+
+r/BannedWallstreetbets
+
+r/BayStreetBets
+
+r/BestofWallStreet
+
+r/BetsofWallStreet
+
+r/beurspleinbets
+
+r/CanadianInvestor
+
+r/CanaryWharfBets
+
+r/coveredcalls
+
+r/crackstreetbets
+
+r/daytraderparadise
+
+r/daytradersparadise
+
+r/daytrading
+
+r/daytradingdesk
+
+r/ethwallstreetclub
+
+r/forexbets
+
+r/forextrades
+
+r/GOHSWSB
+
+r/HedgeFundNews
+
+r/inversewallstreetbets
+
+r/investmentclub
+
+r/investmentcub
+
+**r/IsWSBPrivateAgain**
+
+r/marketstrategy
+
+r/MWSBGA
+
+r/options
+
+r/optionstrading
+
+r/pharmastock
+
+r/roadtoyolo
+
+r/RobinhoodYolo
+
+r/satoshistreetbets
+
+r/seriouswallstreetbets
+
+r/SherwoodBets
+
+r/sherwoodforest
+
+r/shittywallstreetbets
+
+r/SHMPstreetbets 
+
+r/smallstreetbets
+
+r/stockaday
+
+r/stockchallenge
+
+r/StocksAndBoobs
+
+r/surgetraders
+
+r/traderparadise
+
+r/tradersparadise
+
+r/tradeXIV
+
+r/tradingforadults
+
+r/Tradingstocks
+
+r/truewallstreetbets
+
+r/wall_street_bets_
+
+r/WallStBets
+
+r/wallstreet
+
+r/wallstreetbet
+
+r/wallstreetbets2
+
+r/WallStreetbetsELITE
+
+r/wallstreetbutts
+
+r/wallstreetcrayons
+
+r/wallstreetdd
+
+r/WallStreetDegens
+
+r/wallstreetfails
+
+r/wallstreetgambling
+
+r/wallstreetlifts
+
+r/wallstreetplays
+
+r/WallStreetPredictions
+
+r/wallstreetrejects
+
+r/WallStreetWagers
+
+r/WallStreetYolo
+
+r/WandStrasseWetten
+
+r/Winkerpack
+
+r/wsb_anarchy
+
+r/wsb_raw
+
+r/wsb4wsb
+
+r/wsbawareness
+
+r/wsbawse
+
+r/WSBB
+
+r/WSBC
+
+r/WSBDD
+
+r/wsbelite
+
+r/wsbets
+
+r/wsbgems
+
+r/wsbjerk
+
+r/WSBonepercent
+
+r/wsbpro
+
+r/wsbs
+
+r/wsbshowerthoughts
+
+r/yacht_talk
+
+r/yatch
+
+r/yolotrading
+
+r/ZoomersOnWallStreet
+
+
+With regards to the sub going private last Sunday, it was a joke by the mods gone wrong. Anyone that’s been a part of WSB for more than a year knows that we take the sub private for a few hours whenever we hit some big milestone or make big headlines. For the 1M subscribers, were originally planning on having Chris Hansen read out a message about how the SEC had shut us down, but unfortunately due to crazyness with coronavirus, voatility and other complications, we couldn’t pull it off so we simply made a silly post and made the sub private for an hour. Rest assured WSB will never be private, and will never charge for access.
+Honestly before I got into crypto I laughed at it and always thought it was fake internet money. However as time passed my friends kept talking about it and were investing a lot into it and that peaked my interest in it but yet again I was not able to invest in it because I was broke and couldn't afford to buy a Bitcoin in 2017.
+
+I honestly always thought that you needed to buy an entire bitcoin and never thought that you would be able to buy a fraction of a bitcoin. This was one of the stupidest assumptions I ever made and accepted it as a fact without doing my research. That has been one of my biggest regret to date.. 
+
+What was your stupidest assumption about crypto?
+I have seen continuous confusion on this point, and it's critical to understand. 
+
+Newcomers and new investors see coins like Ripple (XRP) and think "This is a cheap coin, this could be the next Bitcoin and it's only $1.25!". However, this is entirely incorrect. Ripple has a 49 billion dollar market cap. The reason it's priced at $1.25 is because there are so many of them. What's a market cap? A market cap is the (number of tokens * the last price traded). So, if you had a crypto that only had 10 tokens, and each traded for $100, and you had another token with a million tokens each trading for $1, the first crypto would have a market cap of $1,000 and the second would have a market of $1,000,000. This effectively means the first crypto is worth $1,000 and the second is worth $1,000,000. 
+
+Now, if you had $100 to spend, you might think, I'll get 100 of these $1 tokens, "That's a great deal!". However, you'd be wrong comparatively, all else equal. What I mean is, if you spent your $100 on 100 $1 tokens, you'd own .01% of that asset. However, if you spent your $100 on the token with only 10 tokens total and a market cap of $1,000, you'd own 10% of that asset. Do you see why this is so important?
+
+If you're new to investing or crypto, or if you just aren't familiar with market cap, make sure you understand this. This is how you truly price your assets and how you measure your upside potential. A coin with a market cap of $100 million only has to rise $900 million to 10x, a token with a market cap of $10 billion has to rise $90 billion to 10x. Sometimes the lowest priced tokens are actually the most expensive. Make sure you understand this and use it to your benefit.
+
+If this post is received well, I'll create one in the next couple of days discussing the more nuanced components of the economics driving crypto and why Market Cap is really not the best measure. If anyone's interested? 
+
+GL, and smart investing. :) 
+
+
+Edit: For the record, I was only using Ripple as an example. I was in no way saying not to invest in Ripple. Only trying to use an easy example to explain this concept. 
+
+Edit 2: Clearly, some of you understand market cap, its limitations and better ways to approach this problem. This post is not for you. This post is for those who are confused on the nominal value of a token and what it represents in comparison to the asset. Obviously, if you dig deeper into this, MC is not the best measurement, but it is 1000x better than using the nominal value of the token, which as we know, effectively means nothing.
+
+Last edit: For those hating on this post, please recognize that there are many who are new here and new to investing in general. This post is intended to give a little insight into what can quickly become highly complex, very quickly. This post is not for CPAs, this post is for those who don't know what they're doing and where to start. You were once new to this space too. It's easy to forget how hard it is when you're starting. This is intended to help them. If it's not for you, I respect that, but everyone is at different levels.
+Hey, just wanted to get an idea on what people think regarding houses near high voltage transmission lines. Buying my first house in Diamond creek and it backs onto transmission lines * about 50m away from the fence, not visible from the house* and worried about the investment value of the house. Personally don't care as there are no evidence-based risks in long-term studies, but that doesn't mean everyone knows that. Am I better off staying away? I like the place, but wanna park my money where it can grow. Any thoughts appreciated!
+Question says it all. Is there any conflict of interest, any potential problems? Or is it possibly a good thing?
+
+The auction is tomorrow, so not much time to recruit another one.
+
+I wanted to reach out to you today under the guise of a throwaway account as I have friends and family that are familiar with my original username that I did not want exposed for confidential reasons. In 2002, before he passed away, my grandfather left me $150,000 in a professionally managed Wells Fargo brokerage account. In the 16 years since it’s inception it has grown from $150,000 to $286,000 YTD. This is about a 5.2% increase. The professionally managed account has a 2% management fee which, over the 16 years since it’s inception has added up to roughly $50,000 in management fees. 
+
+Up until now, I have not had access to the account as my grandfather made it so that I could only access it once I turned 25. Tomorrow I will be turning 25 and can do what I want with it. I am very much into personal finance, financial independence and investing and over the years I have read many books and discovered that the return rate I have seen on this particular portfolio is atrocious. 
+
+As I am gearing up to move the money away from Wells Fargo and into Vanguard I have done some research and discovered that had the $150,000 been invested into VFAIX (Vanguard Financials Index Fund Admiral Shares) I would’ve seen a 285% return rate and grown the portfolio from $150,000 to roughly $481,016.52. Furthermore, if the money had been invested in any of the following index funds, SPY, DIA, or VTI, I would’ve seen a minimum return rate of 209%. I am not looking to do anything extreme with the money I am getting. I would likely shift it into Vanguard and have it diversified amongst a well blended portfolio for aggressive growth with minimal fees. 
+With that being said, I am not a professional and would need assistance in re-balancing my portfolio every once and a while and perhaps need assistance in selecting a blend of ETFs that would be good for aggressive growth. All things considered, I am very, very nervous to do all this as my whole life my money has been managed by professionals where I’ve felt secure and well taken care of. It wasn’t until I became more financially literature that I discovered that I could potentially be doing better in diversified ETF’s and vanguard mutual funds. On a side note, my dad also told me that keeping the money with Wells Fargo is good because then I will be better off when time comes to get a loan for a house.
+
+As of right now I have a steady, secure job where I earn $100,00 a year and receive a $29,000 bonus at the end of the year. I currently am maxing out my ROTH IRA and my 401k company matched program and own 40% of a home in southern California where I currently reside.  The other 60% of the home is owned by my father where he contributes to 60% of the mortgage. 
+
+After having read all this, what do you guys think is the best route to take? Keep it with the Wells Fargo Advisors, or move it into a Vanguard account where I independently manage and rebalance by myself? If you were me, what would you do? 
+
+Thank you all for your advice and help. This is a very big day for me as I am excited, but also very torn on what to do and very nervous. 
+Tl;dr – grandfather left me $150,000 with wells fargo advisors to be professionally managed. In it’s 16 years since inception it has grown to $286,000. This is a 5.2% growth, which I find to be atrocious. 
+
+Hi everyone! 
+I was hoping to get some advice on my finances. I am a recent grad student with 50k in debt (haven’t started paying them off yet). I had a Toyota Corolla that I was making monthly payments on for $260. I wanted to minimize the payment so I decided to sell the car and pay off the loan. I now have no car and was wondering if you all think I should take out a small loan and get something through a dealer or if I should use what I have $6k to buy through a private owner ? 
+
+I am super nervous about investing in something that will give me trouble in the near future. (I also am moving to Florida for a job and planned on road tripping there! So, I definitely need a car before I begin on October 2nd). 
+
+Thanks in advance :)
+I am planning on transferring some money to go into an emergency fund. I have read to keep these funds in a high interest savings account that you can withdraw the money immediately. Does anyone have any suggestions on where to put this money? I currently have a Wells Fargo checking account but I don’t think they have very good interest on savings accounts
+I recently found out that my employer is handing off our department to another company, which means I will no longer be able to contribute to either my current 401(k) (appx $315k balance) or my employee stock purchase plan (appx $80k balance) effective the end of July. 
+
+The new employer does offer a 401(k) and a employee stock purchase plan as well, which I intend to contribute to in a similar manner as I currently do (currently deferring 4% pre-tax into 401(k) and 4% after-tax into the employer stock plan).  The employer match percentages are different (401(k) -current employer does 50% match up to 4%, along with an automatic 4.5% company contribution, new employer offers 50% match up to 6%. Employee stock in current employer is 50% match up to 4%, new employer offers 25% match up to 15%).
+
+​
+
+I am trying to figure out a few things:
+
+​
+
+1) Should I rollover my current 401(k) to the new employer, move it to an IRA or keep it at my current employer's plan? I don't have the investment lineup to the new employer's plan, but I do know the investment lineup is nowhere near as robust as my current plan.
+
+2)How should I handle the current shares in my employer stock plan? Should I transfer it to a brokerage account? Should I sell it and go ahead and deal with the taxes now? Should I do nothing? One thought I had was to sell the stock and establish 529 plans for my kids. Does that sound logical?
+I am planning on transferring some money to go into an emergency fund. I have read to keep these funds in a high interest savings account that you can withdraw the money immediately. Does anyone have any suggestions on where to put this money? I currently have a Wells Fargo checking account but I don’t think they have very good interest on savings accounts
+i have a job and make around $400-$600 biweekly. my only expenses is gas for my car. I have a lot of extra money and want to either save for the future or invest in it right now. i want to either open a joint account on some app for stocks or buy a vending machine or something. what direction should i go? preferably i want something that would give me passive income rather than just saving.
+
+I graduated college 2 years ago, I own a condo (pay mortgage) , paid my car off & make around 37k a year. I pay all my bills, except my dad pays my phone bill. I have around 5k in my bank account after all my bills are paid. I’m 25, is that decent?
+I’ve been messaged by a few U.K. apes about the process and wanted to share the template I used, though it is amended to reflect the hurdles I encountered: 
+
+I would like to transfer my xx GameStop (GME) shares from my general Share dealing account (xxxxxxx) to ComputerShare- I would like you to initiate a transfer through the Direct Registration System (DRS) via a share dump as I don’t have a computershare account at this stage. 
+
+I currently do NOT have a ComputerShare account but ComputerShare will create one for me when the shares arrive. I have confirmed this with a ComputerShare representative, I am not a US citizen and do not have a US Social Security Number, but computershare can still deal with the request - if a US Social Security number is requested please use all 1’s or 9’s as detailed below, this is the advice of computershare
+
+Please forward this request to your transfer arm $stockbrokingtransfers@lloydsbanking.com
+
+- the dollar sign is part of the address 
+
+I know that this request is possible as a colleague submitted his initial request on 31/08, and followed  this up on 13/08 when it was actually forwarded to computershare , that request finalised on 12/10 though it was delayed by at least a week owing to confusion about the process - I would expect this request to take up to 4 weeks based on my colleagues exoerience. 
+
+I have spoken to computershare and have the chat history if required, they confirmed that I do not need to set up an account with them first abs that it has to be initiated by you not them.   They told me that you had to follow these steps : 
+
+The broker will need to submit a request for a DTC W/T Transmission , if they are unfamiliar with with the DTC Transmission process, they should contact their back office for assistance or contact their representative at DTC.
+The broker must select 'S' for statement to have shares generated and held in Book-Entry form
+
+The broker broker will initiate the request through their back office using the following shareholder information:
+
+Step 1
+The complete name of the Transfer Agent: Computershare Investor Services.
+
+Step 2 For foreign shareholders , the broker can use all 1s or 9s (ex. 111-11-1111 or 999-99-9999) in place of a social security number if that is not suitable then If Non Resident Alien, then instruction should include code NRA in place of the Tax ID number.
+
+Step 3
+provide the exact registration name as it appears on the brokerage account (my account)
+
+Step 4
+Exact number of shares to be transferred (whole shares only). - in this case the xx shares that I own 
+
+Step 5
+The full CUSIP number. For the Stock (GME) - 36467W109
+
+The ISIN is US36467W1099
+
+Those are the information you will need. I have no Tax ID (TIN) so you should follow step 2 for as it appears. I will complete a W8BEN form once my account is set up , though my national insurance number is: xxxxxxxxx
+
+Please provide them with my name address email and physical address and any information that they request : 
+
+My IRL name & address
+
+
+Kind regards 
+
+Call them to check at each stage - 0113 270 1154 always chose option 4 for transfers
+Both sites are notoriously bad, anti-bitcoin and will try to sell you bcash trash.
+
+bitcoin.org is a great start.
+
+Also, not your keys, not your bitcoin.
+
+And do your own research. 
+
+Stay safe and welcome to the wonderful world of bitcoin.
+I have some extra cash that's sitting in my checking account being eroded by inflation and I'd like to invest in ETFs. I'm aware of and accept the risks involved and will not invest more than I can handle losing.
+
+There was [another thread recently](https://www.reddit.com/r/eupersonalfinance/comments/9g99r3/noob_question_how_to_choose_etf_or_index_fund_to/) about how to choose good funds, which I'm following, but my question is even more basic than that (hence my "even noobier" title): how do I actually go about buying these things? I mean at a technical level. I spoke with representatives from my bank, and they said they offered such a service, with the following fees
+
+* 50 Euro per year to hold the account +
+* fee  per transaction of at least 25Euro each time, but up to 2% if  I asked them to do it for me, or 0.5% if I do it myself online.
+
+which, after doing a little math ... kinda adds up to quite a bit, considering they're not really performing much of a service in this respect. I've tried to get "advice" from them about what I should buy, and have been kinda disappointed with what I got, so I'm pretty much on my own anyway.
+
+My question is: Should I just pay these fees, or is there another service that people can easily create an account on in order to buy and sell ETFs with lower fees? 
+Again, I'm not even at the point of deciding _which_ ETFs to buy; I just want to know how I can create an account with which  it would even be _possible_ to carry out such transactions. Anybody have a favourite service?
+
+Thanks for any suggestions you can offer.
+
+**Edit:** I'll summarize the helpful advice I got: 
+
+(1) My fees are apparently typical for banks, but generally this is not the kind of thing you should do through a bank, since they generally _all_ have higher fees. You want to go to a brokerage instead. 
+
+(2) Lots of people suggested Degiro, whose prices are listed [here](https://www.degiro.de/preise/preise-degiro.html). These are significantly cheaper than my banks, but I had some issues creating an account (they wanted my bank PIN number, which I didn't feel comfortable giving)
+
+(3) [Schwab International](https://international.schwab.com/) and  Interactive Brokers are other options that were suggested, but I haven't had time to investigate them.
+Hello, I am a young adult trying to start my own financial ventures, by investing in stocks, investment funds and/or retirement savings plan (amongst others). However, I am a rookie with very little knowledge in finances, since my formation is in STEM fields.
+
+Therefore, my questions are:
+ - What should I learn of finances, investment and trading?
+ - How do I define risk in investing on a given fund/enterprise?
+ - How should I evaluate and find metrics to see the return on investment?
+ - Where can I learn more about finances, and trading?
+Hi, fellow redditors,
+
+I'm in Eastern Europe, and like many Eastern Europeans, I used to save my money in cash (I mean actual cash, not in my bank account). So I managed to save 20k, and now it just sits in my drawer and loses its value because of inflation.
+
+I also invest 1k in all-world ETF, every month without exception. That's for my retirement. 
+
+But this 20k, I would like to keep it close just in case I'll need them in the coming 3-4 years for initial payment for a flat or something. So my goal here is to have them *available* in a couple of years, and just to save them from inflation.
+
+How do I proceed? Bank deposits are a joke here, it's 0%. I was thinking of bonds, but not quite sure.
+I started investing this year in Hungary. I bought [VWCE.DE](https://VWCE.DE) ETF through KBC Hungary (hungarian broker). As my girlfriend lives in Taiwan I decided to look for jobs in Taiwan and landed a dev job here, so I'll be moving here for at least 2-3 years.
+
+We are planning on moving back to an EU country where she can find a Phd position in the future (most likely Germany but not sure), and we might end up living in the EU somewhere.
+
+Is investing through my (quite pricey) Hungarian broker still a viable option or should I change to something like Interactive Brokers? (since I won't be able to use the tax benefits provided by my Hungarian broker)  
+Since I don't know if in the end we'll end up living in the EU or in Taiwan is buying [VWCE.DE](https://VWCE.DE) still a good choice? (since afaik. it is recommended for EU investors because of some legal status it has maybe this: UCITS) Will I be able to sell it while I'm Taiwanese tax resident?
+I'm an 18 year old working full time, earning and saving quite some money. In a month and few days I'll be 19, and I'm pretty confident that by then I'll have more than 3000 euros in savings (therefore the title). Where do you recommend I should invest that money? I would like to invest it in an Index, but I don't which broker to use and there are not many out there that accept such a small amount. I just really don't want that money sitting around doing nothing. I know it's not much investment-wise, but that's what I got. Thank you guys, I appreciate the help! I'm currently living in Spain. (If that helps at all)
+*My investing strategy:* DCA 5k per month for the next 3 months (APR-JUN); then invest 1k-1.5k per month until I have enough to retire and live off investments. Fees don't matter because I have a monthly maintenance fee which means buying 1 or 2 ETFs gives me the same monthly price.
+
+Strategy:
+
+**2-Fund iShares Portfolio**
+
+|*FUND*|*TER*|*SIZE*|*Nr. Companies*|
+|:-|:-|:-|:-|
+|**88% iShares Core MSCI World UCITS ETF USD (Acc)**|0.20%|17612M|1645|
+|**12% iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)**|0.18%|10463M|2706|
+
+**Total TER: 0.1976%**
+
+**Total companies invested: 4351**
+
+*Good TER, great fund sizes.*
+
+​
+
+or
+
+​
+
+**2-Fund Vanguard Portfolio**
+
+|*FUND*|*TER*|*SIZE*|*Nr. Companies*|
+|:-|:-|:-|:-|
+|**90% Vanguard FTSE Developed World UCITS ETF Acc**|0.12%|15M|2186|
+|**10% Vanguard FTSE Emerging Markets UCITS ETF Acc**|0.22%|9M|1679|
+
+**Total TER: 0.13%**
+
+**Total companies invested: 3865**
+
+*Amazing TER, small fund size because these are new ETFs.*
+
+\[Saw both of these allocations on the web (88% vs 12% & 90% vs 10%). Where can I see if they are correct to update them every year?\]
+
+​
+
+or
+
+​
+
+**1-Fund Vanguard World Portfolio**
+
+|*FUND*|*TER*|*SIZE*|*Nr. Companies*|
+|:-|:-|:-|:-|
+|**100% Vanguard FTSE All-World UCITS ETF (USD) Accumulating**|0.22%|681M|3365|
+
+**Total TER: 0.22%**
+
+**Total companies invested: 3365**
+
+*Slightly bigger TER than iShares, but smaller size. Already contains Developed and Emerging Markets.*
+
+or
+
+Do you think that SPDR MSCI World UCITS ETF (TER: 0.12%, Size: 118M) should also be considered?
+
+Which one of these 3 portfolios would you choose and why? Or any other not considered here?
+
+Thanks!
+Hi,
+
+Non-EU citizen living in Poland. Have been buying VWRL for some time and got paid dividends on Degiro balance which I just reinvested.
+
+My question is, should I declare and pay taxes for those dividends or does Degiro pay dividend taxes?  Also with the buy and hold strategy am I better off selling VWRL and buying VWCE to avoid the headache? and if I sell VWRL in order to buy VWCE, will I have to pay capital gain tax?
+I recently bought into the Vanguard FTSE All-World ETF (VWCE) with 50% of the capital I have for investing, but given how diversified this position already is, I'm wondering what else I should be investing in.
+
+Should I just put the rest of my money into this ETF as well, or perhaps into a different all-world ETF, in case something happens to the issuer? Or are there more interesting options available?
+Some interesting news around ETFMatic. :)
+
+[https://www.finextra.com/pressarticle/86549/aion-bank-acquires-etfmatic](https://www.finextra.com/pressarticle/86549/aion-bank-acquires-etfmatic)
+Hello everyone,  
+I have an account at IB and I wanted to invest :
+
+88% IWDA -   iShares Core MSCI World UCITS ETF USD (Acc) (EUR) | IWDA
+
+12% EMIM -   iShares Core MSCI EM IMI UCITS ETF USD (Acc) (EUR) | EMIM
+
+both funds are in Ireland if i'm not mistaken.
+
+Are there anything I should know as a Luxembourg resident regarding withholding taxes of funds in certain locations ? I have already sorted out my personal taxes but since i read many discussion on the internet about why the fund locations matters, I was worried the Ireland choice would be a bad one compared to funds in my residency country.  
+
+
+Thank you for your help and sorry for asking if the answer is obvious.  
+Have a good day.
+Hi everybody, I am 30 years old and live in the Netherlands.  I would like to (passive) invest for €2k per month in ETF for the longterm (30 years). I have a basic account with Degiro and already bought 20 shares in VWRL. I am thinking if i should continue to invest in VWRL or in one of the following two alternatives: 
+
+1) VWCE 
+
+2) EMIM+IWDA
+
+Hope I can find some good advice here. Other suggestions are also welcome!
+Hello everyone,  
+I have an account at IB and I wanted to invest :
+
+88% IWDA -   iShares Core MSCI World UCITS ETF USD (Acc) (EUR) | IWDA
+
+12% EMIM -   iShares Core MSCI EM IMI UCITS ETF USD (Acc) (EUR) | EMIM
+
+both funds are in Ireland if i'm not mistaken.
+
+Are there anything I should know as a Luxembourg resident regarding withholding taxes of funds in certain locations ? I have already sorted out my personal taxes but since i read many discussion on the internet about why the fund locations matters, I was worried the Ireland choice would be a bad one compared to funds in my residency country.  
+
+
+Thank you for your help and sorry for asking if the answer is obvious.  
+Have a good day.
+**Do you put it somewhere where it can grow?**
+
+**Do you split your savings into different accounts in case something happens?**
+
+**Or do you leave it in a savings account?**
+
+I am interested in seeing what others do as I honestly don\`t know the best approach.
+Hello reddit,
+
+If not for being the gospel, Reddit has always helped raise considerations that I’ve missed in my plans. I’d like to have some feedback as I set out to invest.
+
+*Background*: I’m a non-EU/non-US citizen in DE looking at a 10-15 year horizon. I have a recent, large ^(500K) mortgage^((\~1.95%)), limited to 5% prepayment p.a.. and have about €15K in savings. I don’t intend to leverage the mortgage, but wish to invest extra thru a monthly sparplan hoping for it to help pay the mortgage at the 10/15 yrs events. 
+
+After referring resources (linked below), I’ve realized the need of a simple portfolio (1-2 funds) without the hassles of manual re-balancing. 
+
+# I would really appreciate thoughts in 3 areas:
+
+1. ***Monthly plan***: invest €600-1000 monthly into **Vanguard FTSE All-World** UCITS ETF **Dist** ^(ISIN IE00B3RBWM25). **Too lazy?** What should I be factoring given the mortgage? 
+
+2. ***One-time now***: Since NAV is closing 52W low, Should I also invest the 15K one-time into the same ETF? Is there a better alternate?
+
+3. ***Broker***: I’m going to setup the monthly plan with DKB ^(€1.5/execution) but have also signed up to Trading212 (No cost, but on London exchange). Given lower costs, **is Trading212 reliable** and compliant to German Finanzamt requirements? i.e. do they provide anlage KAP details and so on. 
+
+Additionally, 
+
+a. *Exchange*: Given Brexit or generally, what role does the exchange play - just volume? Oder?
+
+b. *Dist vs Acc*: I’ve picked a distributing fund (instead of accumulating) to avail the tax-exempt 800€ in Germany? Noting it would take many years to exceed that, is it still better to accumulate whole or part of the investment?
+
+c. *Equity vs Debt*: Since this is all equity, should I be diversifying in bonds (how much?) with a much longer horizon?
+
+References: 
+
+* [https://www.reddit.com/r/eupersonalfinance/comments/bstirg/noobs\_reasoning\_process\_on\_starting\_an\_etf/](https://www.reddit.com/r/eupersonalfinance/comments/bstirg/noobs_reasoning_process_on_starting_an_etf/)
+* [https://www.bogleheads.org/wiki/Investing\_from\_Germany](https://www.bogleheads.org/wiki/Investing_from_Germany)
+* [https://community.comdirect.de/t5/Wertpapiere-Anlage/70-30-MSCI-World-EM-versus-FTSE-All-World-Vor-und-Nachteile/td-p/69814](https://community.comdirect.de/t5/Wertpapiere-Anlage/70-30-MSCI-World-EM-versus-FTSE-All-World-Vor-und-Nachteile/td-p/69814)
+
+Edit: typo “without” the need of rebalancing
+*TLDR: Any good ways to diversify risk when investing in real estate and are there any platforms that you use that offer fractional investment (but you actually own the property)?*
+
+​
+
+As  a stock and crypto investor for a number of years now, lately I have  been thinking of taking the plunge into real estate. Mortgages are so  low nowadays that they make it really easy to buy something and even if  you rent the property out you're likely to be cash positive in the end.  The issue here is that I'd be contracting a relatively large mortgage by  myself and I wouldn't really be diversifying risk in any way.
+
+I  also know there are crowdfunding platforms in France and Germany like  Bricks and Realty that seem to offer relatively high returns. Are those  even worth taking a look into? One thing I didn't like about those at  first glance is that you don't seem to actually own the property, but  just the ususfructus (essentially the right to make profit out of it).  Does anyone know if that is a big deal?
+
+A  third option to mitigate risk is to get a few friends and invest  together outsourcing the management of the property to a real estate  company (although contracting a mortgage might prove to be a pain when  multiple parties are involved). Is this completely crazy? Has anyone  tried something like this before or know a company/solution where I can  somehow co-invest and actually have ownership over the property?
+
+Some people over at BEFire suggested I look into fractional investments in luxury vacation properties but it doesn't really seem to make much sense, as a rental unit in let's say Brussels, Berlin or Vienna would generate more "bang per buck".
+
+Thanks in advance!
+So for example, if you come from Romania/Bulgaria/Hungary, and live in another EU country like Austria or Germany and are a tax resident there, you just open a Degiro account and start investing.
+
+But, what do you do when you move to another country after? If you move to Bulgaria, or to the UK for example, do you have to change to a different account in that country, and maybe lose some cash in the process? Or can you have accounts in other countries with no issues?
+
+I want to invest already, but this question and also where I pay tax is holding me up. 
+
+Thanks all!
+I was looking at the sector that was hit during the pandemic - transport. As railways are the subsector that is likely to profit the most from the green deal investment strategy by EU I looked into the two European frontrunners - Alstom that merged with Bombardier recently and Siemens. I was curious to hear if someone here is looking at the sector and what are your thoughts on the rolling stock market performance and especially when it comes to these two companies. Which one do you think could do better and how do they battle against the Chinese (CRRC) competition? Do you think Alstom's hybrid train system gives the company the edge, or is the future somewhere else - maglev perhaps?
+Hi,
+I fund my Traiding 212 account with euros. However, I noticed that all the most popular ETFS are in London. Perhaps it's worth to buy from London stock exchange for better liquidity if I want to close my positions or should I not worry about it? 
+
+EDIT: I wanted to create set and forget ETF portfolio with 70% stocks and 30% bonds any recommendations for suitable ETF's available in Frankfurt will be great
+The current credit card (Visa)  I have is issued through a collaboration of my bank with CC issuer in Austria. They charge 60€ + per year for gold card and there are no special features (apart from SMS   
+ service, and travel insurance, which i never used). 
+
+Compare this to US CCs, where they offer cash paybacks, bonus points or free streaming services etc. Is there any other Europe wide (or Austrian in particular) CC issuer with better offer? 
+
+Thanks in advance.
+I'm paying a mortgage for a 3-bed 2-bath ranch home (inherited) and my monthly bills are about $1.2k (not including gas, food & entertainment). I work a gov't job and make about $1.6k a month (not much). I have no debt and I try to be responsible but I worry about falling behind (I-C-E money).
+
+**Should I  seek roommates, look for a second job or cut more cost?**
+
+Currently my bro and his fam are staying with me ($300/mo. rent) but they plan on moving out soon. I'm trying to save extra now before they move out. I currently have fall back money but it's not much.
+
+PS: ICE = In-Case-of-Emergency.
+
+*Edit: Thank you all for your advice. Sadly I can't sell the house at this time as the title is in my dad's name, he didn't have a will and that might illegal. Probate takes up to 3 years to get started and compared to single bedroom renting, condos, apartments or financing for a new more affordable home all those ideas are in terms of quantity over quality I spend more for less space or way more for newer space.
+
+I've decided I'll get a roommate when my brother's family moves out and work on my craft on the side. Someone pointed out that there's not much I can cut out from my current expenses and they're right.
+Warning: Wall of text below.
+ 
+
+Today was payday, and my assets saw that long awaited bump past the six figure mark. I know this is a long way from FIRE but it's extremely gratifying to finally hit this first big milestone and I wanted to share some of the timeline of reaching this with you. Hopefully it will be inspiring, particularly with those of you who, like me, come from a more blue collar background. 
+ 
+   
+It started 6 years ago really, I was working as an EMT making $10 an hour. I loved that job, still look back fondly on it and am heavily leaning towards returning to that line of work upon "retirement". But I had to admit at a certain point that I was never going to be able to move out of my parents house at those kinds of wages, even with the 60 hour weeks I was working. So I made the decision to join the military, I knew it was my only shot at going to college, my parents were not well off enough to help me through college and I loathed the idea of financing my degree with student debt. So I signed 6 years of my life away to the armed forces, which is what really got me on this track to begin with. See when I took the ASVAB I scored well enough to qualify for any job I wanted, unfortunately due to a slight physical handicap of mine my options were pared down to mostly administrative positions that no one wants. So from the limited choices I had, I chose one of the most boring paper-pushing jobs in the military... that came with a 20 grand signing bonus. (because those positions are hard to fill, they offer above average incentives for them) 
+ 
+ 
+That 20k became the seed that has now sprouted into my pursuit of FIRE. It was my emergency fund that I maintained for the next 4 years, replenishing any time I was forced to use any of it. It followed me through 2 combat zone deployments (I hadnt realized paper-pushers worked in combat zones, now I know better). It made me realize that I was capable of owning and maintaining large sums of money, rather than living paycheck to paycheck like literally every person I knew. 
+ 
+ 
+The other thing the military gave me was a college education, paid for using my GI bill. Which I used as efficiently as possible (2yr college followed by a transfer to a state school) to cover close to 100% of my college expenses. I came out with a BS in Electrical Engineering and used my internship with a local utility to secure an entry level engineering position with a starting salary of 60k upon graduation.
+ 
+ 
+Shortly before I graduated two things happened, I met my girlfriend, now fiance, and I stumbled upon these forums and was introduced to the idea of Financial Independence. Upon graduation I turned my dreams of FIRE into a tangible goal, my girlfriend and I moved in together after several months of dating and we began tracking our expenses to the penny to establish a baseline. She's been on board with FIRE from the moment I mentioned it, and although she's not as interested in the nitty gritty details of investing, she's been a great budgeter, keeping me on track when I've become lax about it. After a month we formed a budget based on our findings and have continued to maintain the budget for the past 2 years now, tweaking it periodically, we began with a cap of 48k on annual spending, which over 2 years time has risen to 52k (we bought a house and got 2 pets, lifestyle inflation at work).
+ 
+ 
+Her income beyond her half of our expenses has gone almost entirely to paying off her student debt for her medical degree (roughly 70k, now just below 2k, should be paid off in March), with only the minimums in her company 401k to hit her match. Mine has gone entirely into tax advantaged accounts through my work, the military, and my IRA, with whatever little is left over going to my brokerage account.
+ 
+ 
+Both of our incomes have risen slightly with job changes, to around 70k for both of us. We've had some minor windfalls along the way, 1k here, 2k there from unexpected company bonuses or backpay, but for the most part every penny we've saved has been from strict budgeting and automatic investments.
+ 
+ 
+In the future I expect things to change, in the short term our savings rate will skyrocket once her loans are paid off, and in the longer term it will plummet and our expenses will rise once we start a family and one of us has to go part-time. But for the moment we are just happy to be where we're at and have every intention of staying the course, with optimistic projections putting actual FIRE at 8 years from now and pessimistic ones more like 20 years out. But the benefits of even just being at this level have been immeasurable. We don't feel stressed about our jobs like we were at first, knowing that we could live for years off just what we have saved now. We learn new skills every day as we DIY most things in our lives. We are much more in tune with where our money goes, budgeting feels second nature (I'm not sure how anyone can sleep at night without a budget, it's such peace of mind for us to know how much we're spending).
+ 
+ 
+One of the biggest motivations for us to FIRE is to be able to spend more time with our future children, we think of it as the ultimate luxury purchase, more important than new cars (we bought used cars with cash for about 4k each), brand name clothes (we shop frequently at secondhand stores), or other consumer items. The only things we may have splurged on were some nice vacations and our 230k home purchase, but we intend to raise a family here and didn't feel it would make sense to move again once we'd outgrown a starter home (the military came to rescue again with a VA loan that helped us get a house with 0% down, so I never even had to stop my 401k contributions).
+ 
+ 
+To those of you just starting out, I would say this:
+ 
+- FIRE is a purchase just like any other, decide how important it actually is to you (to us it was not important enough to give up travel and a large home) and save for it accordingly.
+
+- Be strategic about how you progress in your life, for me it was by trading my years in the military for a number of advantages I gained as a result (the military is not as useful to everyone, but I do recommend it to many people, if you take advantage of the opportunities it offers it can be a pretty good deal) and by foregoing an enjoyable, exciting career in emergency medicine for a better paying one in engineering.
+
+- Dont be afraid to leave a job for a higher paying one, your company has little to no loyalty to you, return the sentiment whenever possible.
+
+- Automate whatever you can, the less your plan relies on you manually doing things to make it work, the more likely you are to stick to it when you're feeling lazy, depressed, forgetful, or spendy.
+
+ 
+And lastly:
+
+ 
+- Budget budget budget, we would never have gotten to this point without a budget.
+ 
+Tl:dr - military, college, engineer, save save save, yay 100k! 
+Over the last 4 years, I could see how a dysfunctional press can ruin a country. Now through the AMA\`s I can see the same in the US. A truly free and investigative press is the lifeblood of any free society. But most of the time, publishers need clickbait, sensationalism and paid for articles.
+
+Could a found be made, that pays journalists not for articles. But judges them for their integrity and then pays them, in advance, without strings attached or an opinion on the outcome, so they can work how they see fit for some months? Good investigative journalism takes months, but it is expensive.
+
+Any thoughts on that?
+Disclaimer: I don't have kids yet, not sure if I want them but keeping my options open. Of course, raising kids takes extra financial planning, especially for college. And if you're fat, well, you're not seeing a dime of financial aid.
+
+Recently I went down an internet rabbit hole looking at schools in Europe, and comparing tuition to schools here in the US. Holy crap, they can be much cheaper - e.g. ETH Zurich (where Einstein went to school) is less than $2k per semester. Colleges in the UK seem to be about 10-20% cheaper than your average-to-excellent university in the states. 
+
+So I'm wondering: has anyone encouraged their kids to attend European schools for cost savings? Among other things, I think there would be great benefits - your kids basically get to study abroad for 4 years, visiting them is a vacation for you, and some carry a lot of prestige. What am I missing here? Are they much harder to get into than an Ivy League? Maybe your kids resisted going abroad and wanted to stay stateside? Does the cost of living in some of these cities make them just as expensive?
+After the doubling of Onecoins today, the total number of Onecoins is about 2 billion coins according to Ruja.
+That means OneCoin is now the biggest cryptocurrency in the world, according to Ruja and other onecoinists.
+
+Ruja: "The new blockchain will mine 50 000 coins per minute, and we plan to go public with the coin the second quarter of 2018. Then Onecoin will go to the whole world without any limitation."
+
+https://www.youtube.com/watch?v=WI6l4N4MQaE&t=11089
+
+Onecoin value is now about 6.95€ per coin and not expected to decrease. 50 000 coins per minute mining speed means 2.19 billion coins in a month. This means that Onecoin "market cap" will increase over 15 billion euros per month, every month. 
+
+
+The famous Onecoin rep Ken Labine reaction:
+
+"BITCOIN is no longer number 1 in market cap!!! WE ARE :)
+
+More coins, More Members,
+
+Now Higher Market Cap! :)
+
+WELL!!! Its gonna mine 50,000 yes !!! 50,000 EVERY 1 minute :)
+
+Wait times drastically reduced :)
+
+We will be mining up to 72 MILLION A DAY!!!
+Have fun trying to catch up bitcoin :-p
+
+(They have TOTAL supply of 21 Million)"
+
+https://d17oy1vhnax1f7.cloudfront.net/items/3g2J2V0O0O0C2Z173r1W/ken_reacts.PNG
+
+15-20% cap gains tax is absolutely absurd.
+
+I mined my holdings in 2014/15, and because i technically never purchased them, i never reported them on my taxes. According to a couple opinions from tax accountants, because I never reported it, if I were to sell it would always be at max cap gains tax which is 15-20% in the US (depending on income). 
+
+So here I am, now a 7 year long HODLer who has never once sold a single coin, waiting to buy a house outright with bitcoin directly.
+
+fuck the feds and fuck fiat. 2 da moon.
+You didn’t buy it at $1, and you didn’t buy it at $1000. You said it was too expensive at $10,000, and said the same thing when it hit $20,000. When will you buy it? $50k? $100k?
+I am 36 and make roughly 50k net per year off of self employment income.   
+I have a roth IRA and max it out every year, and am already paid up for 2022. 
+
+I have bought about 10k in stocks via robinhood, a little reluctant to buy in more since its honestly just a gamble and I dont really know what Im doing.   
+
+
+The real reason why i kept 50k sitting in a checking was because I thought there was a chance to putting it towards a first home purchase as a down payment. However, the bank will not approve me for any loan due to too short of a history of my newer self employment income (I had wage income previously combined with self employment but they wont consider any of the wage income).   
+
+
+I might be able to buy a home in 2023, but perhaps not, especially with the way the market is. So now that that idea is scrapped, What should I do with this money to put it to use?  My only real idea right now is to put it towards a CD account, but interest rates have been pretty low from my understanding. It would probably need to be at least 2.5% return for it to be worthwhile. Heck, I'd even consider buying a new car now to upgrade from my 2004 matrix, something thats hybrid, AWD, can take me to mountains, but ya know, the market right now...  
+
+
+Any ideas/direction? I dont foresee actually needing that money anytime soon. Only if I am able to buy a house in mid-2023 and by then, I would also have more income saved up of course.
+I’ve only been in this space for a few years and this is so ridiculous to me. Everyone should be ecstatic they get to buy btc so cheap. Instead, people panic and sell everything. This is dumb for many reasons.
+
+1. You’re selling for a loss
+2. Nothing about Bitcoin has changed 
+3. You could get Bitcoin cheap
+
+People panic selling clearly didn’t do any research. This asset is volatile and the technology is extraordinary. I’ll be happy if it reaches 10k
+A friend of mine who is in his mid 50s is a business executive (senior manager) at a large corporation. His employer works him like a dog and he is mentally and physically exhausted.
+
+He does not have enough money to survive financially until his pension and Social Security can kick in around 2025.  He did not save and invest enough as of today to cover his needs without working until he can collect SS and his pension without a huge annual withdrawal from his savings and investments. 
+
+He is always talking about taking a 4% distribution and moving to a part time job and scaling back his lifestyle.
+
+I tell him that few employers is going to hire a $150K senior manager at a low wage low skilled job paying $12 an hour for a twenty hour a week gig.  Those jobs are "set aside" for immigrants and young people. And low wage jobs are not necessarily easy.  Think Undercover Boss!
+
+He disagrees and thinks that it would be easy to move from an executive role to a 20 hour a week low wage job.
+
+Your thoughts?
+I'm at $1M right now, after 5 years. Gonna start spending a bit more on a nicer apartment. How much should I expect to see it grow? Obviously a bunch of things are out of my control, but I want to see what others have experienced.
+I get a lot of questions over messenger about the Portugal GV, & have discouraged some because time was running out on the program (aside from very rural areas or high-risk investments) - the government had indicated it would shut down early this year. 
+
+Great news - it's [just been extended through 2022](https://www.portugalresident.com/portugals-golden-visa-programme-extended-to-january-2022/?fbclid=IwAR378ctC4fKaMOtFe2L1vGcl7fIKn1OLBI7thUYxU7XM_lvzqh-7LwtqKEc). If you are thinking about it, get going. It takes a while - for us, 8 months from closing on our house, but usually 4-5 months non-pandemic times.
+
+We have 0 regrets.
+I'm at $1M right now, after 5 years. Gonna start spending a bit more on a nicer apartment. How much should I expect to see it grow? Obviously a bunch of things are out of my control, but I want to see what others have experienced.
+My 2020 K1 killed me due to business having horrible year. W2 is pretty good, and investment income (dividends, etc) combined with w2 is close to 1mm. Big banks will give me mortgages using asset depletion model, but only small banks will do commercial construction. They are all asking for 2 years tax returns.
+
+I know it’s a long shot, but anyone with experience dealing with this would be really appreciated!
+[Anonymous account here for obvious reasons.]
+
+The day has finally come—my big law career is over. And not by my own choosing. Without getting into the weeds regarding my exit—primarily a function of COVID, a shrinking practice group (transactional) and overall reduction in workflow—I’m now forced to grapple with “what’s next!?”
+
+First, I’d like to thank this community for the thoughtful and motivating threads/comments that have been a huge component to my family maintaining the FatFIRE course. The result of this focus and hard work is certainly a critical component to our current “safety net” which is now oh-so important!
+
+Second, apologies for my current gloomy outlook on my professional career, but I would love to hear from those who were in Big Law and forced out on how they managed their exits and professional careers post-big law. How did you find your new path that, presumably, still enables you to maintain a path to fatFIRE!? Relocate? Pause 401k contributions? Created liquidity in your Roth IRA (just in case)?
+
+In particular, I’d love to here from those who have kids and who are NOT in major metro markets where high paying jobs are (IMO) more prevalent.
+
+[Sry for grammatical errors; on a phone.]
+Last year for my wife’s birthday I got her a personal stylist to help select outfits and work as style consultant. It was a huge success and I scored some great husband points. This year I’m looking for the hair stylist version of a style consultant. Anything I search for keeps coming up as someone who will cut hair. I’m looking for someone to help her learn how to style her hair differently and better take care of her hair. What are my fat options for this type of service?
+I have already maxed out my kids’ 529s (up to the point of 4 years of public school) and now there’s a good chance they may not even go to school in the US (or other places 529 money can be used), so I’m thinking about opening UTMA accounts for each kid. To be clear, this money would not just be for college, but giving them a bit of a headstart on general savings and more of a backup plan in case they don’t go to a US school. My question is a UTMA the best thing for this or should I be looking more at things like trusts or something else I’m not considering? 
+
+If the amounts matter, I’ll probably start them with $10K each, invest in something like VT, and then grandparents might gift some to them for birthdays and such. I want to give them a leg up, but not so much they have no work ethic. 
+
+The disadvantages of UTMAs I know about: 1) counts against financial aid (but I’m assuming we probably wouldn’t qualify anyway and again might not even be in the US), and 2) full access at 18, which might be a little young depending on their financial maturity. Neither of these are too concerning, but something else I’m missing?
+I have already maxed out my kids’ 529s (up to the point of 4 years of public school) and now there’s a good chance they may not even go to school in the US (or other places 529 money can be used), so I’m thinking about opening UTMA accounts for each kid. To be clear, this money would not just be for college, but giving them a bit of a headstart on general savings and more of a backup plan in case they don’t go to a US school. My question is a UTMA the best thing for this or should I be looking more at things like trusts or something else I’m not considering? 
+
+If the amounts matter, I’ll probably start them with $10K each, invest in something like VT, and then grandparents might gift some to them for birthdays and such. I want to give them a leg up, but not so much they have no work ethic. 
+
+The disadvantages of UTMAs I know about: 1) counts against financial aid (but I’m assuming we probably wouldn’t qualify anyway and again might not even be in the US), and 2) full access at 18, which might be a little young depending on their financial maturity. Neither of these are too concerning, but something else I’m missing?
+Last year for my wife’s birthday I got her a personal stylist to help select outfits and work as style consultant. It was a huge success and I scored some great husband points. This year I’m looking for the hair stylist version of a style consultant. Anything I search for keeps coming up as someone who will cut hair. I’m looking for someone to help her learn how to style her hair differently and better take care of her hair. What are my fat options for this type of service?
+Just some perspective for my fellow apes.
+
+It's easy to get caught up in the 1-day charts, checking the ticker every 10 minutes (like i do), witnessing the short attacks, but it's important to remember ourselves doing the same just a week ago. We were operating at the ~$150-$170 range then, only dreaming of what lies above these walls. Now we've crossed them, easily smashed them to pieces at next to no volume still and are laughing at their pathetic panicked attempts of quelling this unstoppable force. Them throwing literally HUNDREDS of MILLIONS of dollars to bring the price down a **measly $40**, or **-13%**, instead of the bloodbath that was March.
+
+The plan never changes: HODL. It's all but amusing to watch them squirm.
+
+oh, by the way - not financial advice. I'm sleep deprived and literally eating rainbow 🌈 crayons 🖍 as my main source of sustenance
+
+^(obligatory 🚀🚀🚀🚀🚀🚀)
+Hey all, I heard this idea in a podcast I watched and it got me thinking. Given the situation with some exchanges having to stop withdraws gives the idea that some exchanges are fractional reserves. Does that mean there are some fake-bitcoin out there that exchanges have promised that don’t exist? I’ve been thinking about the stock-to-flow ratio predictions. Of course, models are never the complete truth. Regardless, it is an interesting way to think about bitcoin price. If there is greater supply being bought and sold, then that would artificially increase the supply and artificially drive down price. So, not only is bitcoin on sale because of the bear market, but it is on sale because exchanges are being fraudulent. 
+
+Any thoughts here?
+13 months ago when I stopped working, I was pretty happy with my initial withdraw rate of 3.5%. I didn't go through any complicated calculations nor technicality of figuring out a dynamic withdraw strategy.  3.5% seems safe and it should cover my expenses. But that was then. 
+
+Now, after losing nearly 20% of my folio value, sticking with 3.5% means I will have to cut 20% expenses. I had some benefits of doubt as how the withdraw strategy should work during a market downturn, so I turned to two sources of calculations. 
+
+1) Fidelity's retirement analysis planning tool. If you have a retirement account with them, you should have access under "Planning and Guidance"
+
+2) ERN's infamous Google sheet, which you can find it here: [https://docs.google.com/spreadsheets/d/1QGrMm6XSGWBVLI8I\_DOAeJV5whoCnSdmaR8toQB2Jz8/copy](https://docs.google.com/spreadsheets/d/1QGrMm6XSGWBVLI8I_DOAeJV5whoCnSdmaR8toQB2Jz8/copy)?
+
+ERN's math seriously gives me a headache, so thankfully, all of his formulars are built in, I just need to learn how to plug in my numbers.
+
+Fidelity's analysis is pretty cool since you can enter all of your holdings at one place and it will give you a much more comprehensive view of your asset allocations. 
+
+Both calculations take side earnings and SS/Pensions into considerations if you shall chose to count them.  The time span I used is 40 years for both calculations.
+
+My results are pretty interesting. 
+
+If I pick "perform below market average" in Fidelity 's tool, I get a safe withdraw rate of 4.6%. If I pick "significantly below market average", safe WR dropped to 3.75%
+
+As for ERN's math wizard's sheet, he actually has a specific WR during a 20% down market and 0% failure rate. My number came to 4.2%, way higher than 3.5%. 
+
+This prompts me to think that during a market downturn, the safe WR can actually be higher than the conventional 4%. But that's highly counter-intuitive and it turns my stomach. 
+
+I am wondering how ya'll handled the WR when the market starts to slide? Or how will you handle it if you are about to FIRE?
+Another noob that ended up here because of LRC and wants to be formally inducted into the community :)  But as someone who has only ever bought crypto, I don't even know how to buy stocks.  
+
+I know this is something I could google for a general answer, but I'm wondering if there's a specific place/way that apes go about buying GME? Like if there's a method you all prefer? Because I've read the DD and have picked up on the "register it in your own name" stuff, but still am not sure... how!  
+
+Apologies if this is a little too ELI5, and appreciate you all. I think these two communities crossing over makes each other even stronger.
+
+Edit, in case it matters: Not a US citizen or resident!
+I'm sure many people have told you that this is a great buy right now and it's destined to go back up. Maybe they're right! But you have no way of knowing if they're wrong. When you're gambling your own money, you have limited ability to screw up. When it's someone else's money, the damage to your life can be enormous and permanent.
+Rubic (RBC)
+
+*Binance Smart Chain implementation on 28th.
+
+*Top/big exchanges will be contacted in Feb/March
+
+*Fully anonymous cross-chain swaps
+
+*Working L2 on Matic network at rubic.exchange (fast and dirt cheap swaps)
+
+*Will add Loopring and ZK-snarks support in the future + they are working on their own L2 solution.
+
+*Team is hiring and expanding
+
+*RUBIC CEO OLD PROJECT MYWISH:
+---------------------------
+MyWish helped NEO get started:
+https://cryptomywish.medium.com/new-neo-testnet-dee965b301f6
+
+MyWish helped EOS with token airdrops:
+https://bitcoinexchangeguide.com/eos-and-mywish-crypto-investors-make-sure-to-claim-eosish-airdrop-tokens/
+
+*The team has kept MyWish going despite of 2018 crash and bear market
+
+*Farming/staking the RBC token in the future
+
+*Team conducts buybacks
+
+https://cryptorubic.medium.com/
+Hello everyone on r/CryptoMoonShots! You have probably seen many posts and comments about Opacity Storage (OPCT) in the last few weeks. I want to take a little time and explain why the community is so enthusiastic about this project, and the potential for investment. Below I break down the fundamentals of the project, why it’s increasing in value now, why it will continue gaining value in the future, and some commonly asked questions.
+
+As a note, I’m not officially affiliated with this project, I’m just a long-term holder that thinks this is the best investment opportunity in crypto. 
+
+FUNDAMENTALS
+
+**Completely anonymous storage**. The purpose of the project is to provide a storage solution that is completely anonymous. As in, not even the Opacity team has any of your information. With data breaches being a continued issue and situations like the ledger hack exposing crypto user’s data, having a storage provider without any of that risk has a tremendous market appeal. 
+
+**Working product**. This is not an exaggeration or hyperbole. This is not we might have a working product by Q4 2021. You can go to the [site]( https://www.opacity.io/sign-up) right now and buy a storage plan using OPCT tokens. The number one reason Opacity is considered massively undervalued is it being a sub $8 Million project that is already working.
+
+**Token price tied to storage value**. The price control for this project is simple, the market will drive the token price to the value of the storage it can buy. At the time of writing this 1TB of storage costs 16 OPCT ($1.12) and 1 TB of storage is worth $79.99. It doesn’t take Elon Musk to realize what *will* happen to the token price over time.
+
+**Experienced team**. The CEO of the company, Jason Coppola, has been in the tech industry for 25 years. He is running this project the way *successful* startup companies work. He put all the focus on getting the product out first and foremost. The marketing and hype are all planned for after the project has all its fundamentals in place. Hype drives price, but the product makes the business. Opacity Storage is a business. 
+
+REASONS THE PRICE IS INCREASING NOW
+
+**Price is correcting to previous levels**. OPCT hit its ath for sats at 1300 in the middle of the deep *deep* bear market. The price per coin is correcting back up to this number but that still has a way to go. Just to get back to this sat number the price would increase x7 from right now. 
+
+**Price correcting to storage value**. As talked about earlier, the price you can pay for storage right now is incredibly low with OPCT. The price will continue to raise to meet it’s worth, and even at ½ of market value for storage, OPCT would be worth $2.50 per token.
+
+ASPECTS NOT FACTORED INTO THE CURRENT PRICE
+
+**Mobile App**. A mobile application for the product will bring a lot of new attention and usability. Mobile is the way many people engage with new tech, so the adoption from this could be huge. The development team has said they should have the mobile app released around May of this year.
+
+**Liquidity Program**. This literally just launched which is starting to push the price upward. There is now a liquidity program for Uniswap in place that will PAY YOU to hold OPCT. [Here](https://medium.com/opacity-storage/opacity-liquidity-rewards-program-75a3d24a747c) are all the details, but you could earn up to 10% of your holdings *per month* with this program. (In all fairness the 10% earnings number requires a very large investment)
+
+**Storage Nodes**. By the end of the year the team will have a storage node program which will be key to the decentralization aspect of the project. People will be able to run their own storage nodes and earn OPCT from providing this service. 
+
+COMMONLY ASKED QUESTIONS
+
+**How are they making money selling storage under $2?** Simple answer is they are not. They will not start making money until the token price raises. As I said, Jason is running this like a start up company and understands that startups operate at a loss for a period of time. He has been personally funding the project because he believes that much in Opacity. Now that the token price has risen the development funds have increased and the runway is looking great.
+
+**If all this is true, why is OPCT so cheap?** There are two reasons for this. First, is public visibility. Not that many people know about the project as the team has been focused on the product and not marketing. The growth the project has seen in the last week is solely from increased visibility. The more people that find the project the more the project will increase.
+The other aspect that has held this project down is the FUD around Bruno Block and what happened with Oyster Pearl. The short version for those that do not know, a guy who went by the name Bruno started a coin called Oyster Pearl (and Shell) that got popular on reddit in 2017 bull rub. Burno then exit scammed later in 2018 and cost people a lot of money. Opacity is the team that spun out of that mess but people have still put their unhappiness on this new project. For years anytime Opacity is mentioned it gets downvoted/disliked from people who were sore about losing money. Now that Bruno is in jail, and the bad feelings have subsided, people are positively talking about Opacity again.
+
+CONCLUSIONS
+
+Opacity is one of the best possible investments in crypto. The reasons it will increase in price are the project returning to previous sats, escalation of token value to match storage value, releasing the mobile app for increased visibility, liquidity program that pays holders, node program that will pay storage providers, and all of this backed by an experienced and dedicated team.
+
+That is why the community is so high on Opacity Storage.
+Feel free to tell me to do my research better but this is what I dont understand about NFTs,obviously there are some great exceptions but my point stands for majority of them.
+
+There are some really good and low risk coins that they can invest in,where they will have massive profits or at least, dont lose that much money. But instead, people rather buy some computer drawn cartoon monkeys or just simple pixel art for thousands of dollars.
+
+I get that you technically "own" the picture but why would anyone want to buy it off you?It feels like people just dump all their money on these thinking it will be the next Bitcoin.
+I was fired from my job last year and they accidently paid me for an additional month to the amount of $7000. I fucked up and kept the money because I needed it during covid.
+
+Now it's been sent to a debt collection agency and they want payment in 15 days. Most I can budget is $50 a forthnight. Can I pay this to them every fornight without having to contact them? Any information would be super helpful
+
+EDIT: Thank you all for the advice and examples. Based on the information in this thread I've reached out to the agency to negotiate a payment plan.
+Saw an ad for a lotto jackpot of $500,000 today. Got me thinking on how I would distribute it. What would you do with it? How much would it change your financial /life situation? Could you retire with it?  What sort of prize purse would you need for FU money?
+As per the title - I would appreciate some thoughts about where I could allocate superannuation risk if I thought the majority of the global stock market was shorted and about to come a “gutsa”.
+
+I see an overinflated property situation, a crazy stock market based on fake money - so what’s a 46 year old to do so I don’t have the guts ripped out of my super in a 2008 style crash?
+
+Edit: typo
+Fresh out of school. 18 y.o. Couple of bucks to my name. Jobless. Dont know anything or what so ever.   What are the things you should do/advice for the adult life assuming you want to retire before 40
+Apparently the parking lot of my 4plex building is being used as a place for people to park, hang out, play loud music and smoke weed for several hours.   They also run a hose from an adjacent building over to my parking lot to wash their cars. 
+
+I called the non-emergency police line and asked if is possible to have an officer inform people that they can't be there. 
+
+I was told that I would have to physically meet the officer there, point out the people directly, and file a criminal trespass complaint. That's not something I am comfortable doing at this point.
+
+What is the best way to deter people from using my parking lot as their hang out spot?  None of them are residents or friends of residents.
+As the title states, I am about to add a number of properties to my current rental portfolio.
+
+**Current Holdings**
+
+(3) SFH (1) 4-plex 
+
+Monthly Revenue:$8,500
+
+​
+
+**New Additional Rentals**
+
+(1) 15 plex
+
+(1) 8 plex
+
+(1) 6 plex
+
+Total Monthly revenue-$25,900
+
+​
+
+**Details**
+
+Purchasing these from my FIL.  We have not settled on a price yet but will be well below market. Some of the units need renovations and updates.  These will take up a considerable amount of my time.  I currently work a corporate job where I am needed 8-5 M-F.  I am making decent money $100k+ but not happy.  Property management and rentals are my future.  I know that it is the best bet for my family and our future for financial independence.  Will these new properties allow me to make that jump sooner? 
+
+​
+
+My current thoughts are to take these properties and continue to work my full time gig.  I can test the waters to see what kind of time these properties will require of me.  
+
+​
+
+Also, I may have the opportunity for a promotion.  This would up my salary to around $150k but also take more of my time. 
+
+​
+
+All advice is welcome.
+Signed a contract on a duplex yesterday. PP $93,000. Value $120,000+ using market rates. Property is in good shape. Rents haven’t been raised in a decade and out of town owner wants out. My go to credit union will lend 80% LTV and 1.20x on market rents/comps not current rents. 5 year loan with 1st year I/O to allow time to raise the rents. Midwest
+
+Pro Tip: if doing a deal like this go to a credit union that does commercial lending. Single 1-4 family properties are SIC code 6514 and do not count against their commercial lending cap.
+Data has never been better on American housing.
+
+Record low rates 
+Record low inventory
+Record prices
+Record homeowner equity 
+Record rents 
+Record homebuyer credit score 
+Record positive debt to income ratio for buyers 
+
+What are we missing if a “crash” is coming? 
+
+Or is this really the healthiest market of all time and prices will continue roaring up for years?
+At a glance, owning multi-family properties seems more intuitive than multiple SFH. There would be fewer lawns to mow, roofs to repair, snow covered driveways to clear, etc. Where I intend to invest, SFHs sell for 180k (class C) to 350k (class A). Whereas a typical fourplex sells for 450k (class C) to 800k (class A). Similarly, a typical eightplex or larger goes for 800k+.
+
+Purchasing several low end SFH might be cheaper at face value, but after renovations and cost of maintaining several buildings, wouldn't it be cheaper to just go for a multi-family building instead?
+
+I (somewhat ignorantly) *assume* an investor might prefer a SFH when:
+
+* They expect property value to appreciate.
+* They expect to rent out to Airbnb in popular vacation destinations.
+* They're just getting started / don't have the capital to purchase larger buildings.
+* The properties are close to the investor's primary residence.
+
+For those of you who primarily invest in SFH, what class of properties do you invest in and why do you choose them over multi-family?
+Hi everyone, I'd like to preface this by saying that I'm a new investor around 3-months and that I'm not dogging anyone's investment decisions. I primarily invest by DCA into ETFs like SPY, QQQ and DIA. I've also decided to branch out by nibbling on individual stocks within the QQQ. I find NVDA interesting and hold a small position from when it was $226/share, I think it has a good business model, a good history of profitability and it has an edge over other chipmakers in the sense that they're the best at graphics technology.
+
+However, I can't understand why people continue buying into NVDA stock at current values where the PE is 95+ NVDA has the potential to grow no doubt, but does it really have the potential to grow at a rate that justifies such a rich valuation today? Or is it just that traders/WSB types are playing games with the stock?
+
+Wouldn't a better investment be to look elsewhere in the semiconductor industry for better deals? I like MU (PE: 17) because RAM and storage is needed universally for pretty much anything that needs a chip, AMAT (PE: 26) because they make equipment for foundries which means if NVDA wins, AMAT wins. Investing in TSM (PE: 31) might be good for similar reasons as AMAT.
+
+I acknowledge that I don't know too much about investing (obviously) and don't even know necessarily much about reading up on fundamentals. I mainly look at PE, PEG and look at the historical gains of the stock and company. I'd just like to have a better understanding.
+
+Cheers everyone.
+Currently, I live with my parents and both want me to buy a car early next year to prove that I'm responsible enough to handle my own monthly payments, which is reasonable of course. However, I don't know what is the best option when it comes down to buying used or new. Here is some information:
+
+​
+
+\- I currently don't have any other payments due to living at home (Not yet anyway)
+
+\- I make roughly 20-25k a year from reselling/working at home, and almost 50k in savings (Sorry for the previous confusion)
+
+\- Credit Score: 735, no debt (2 Credit cards)
+
+​
+
+I'm definitely not comfortable spending money on a car right now or even in the next few months, but it is either that or potentially dealing with an ultimatum from my parents.
+
+​
+
+Any thoughts? Advice? Thanks in advance.
+
+​
+
+**EDIT: Thanks again everyone.** I would like to add that I have never used my parent's vehicles. The only "expense" I pay for is some of my food, hygiene products, and supplies.
+
+​
+
+Generally, I should be doing more to improve, maybe from the outside my parents are seeing something that I am not.
+girlfriend and i are 31, basically married, very stable and been living together for long time. 
+
+i currently started new career, first time in my life making "real money" @ 90k a year.
+
+girlfriend does gig work and brings home maybe 40k with untraditional schedule. 
+
+we currently rent and its basically dirt cheap for my area, have been here for a while and havent gotten a price hike (yet) so i was able to max out 401k this year
+
+however, we are def in a financial position to own. especially if i pull back on 30% savings rate. Yes, rates are crazy hike right now, but if we wait a bit might have more options and can re-finance loans. i regret not buying in my town 10 years ago, bc prices have tripled.
+
+Will it always be smarter financially to own? im not sure if we can get a mortgage as low as our rent, BUT you are always building equity...
+I have a section 8 (currently called Housing Choice) voucher and I thought it would make things easier. I was wrong.  The public housing, which I may not want anyway, has a waiting list of 2+ years. The private landlords don't want to deal with section 8, either because of the stereotypes or because they don't want to deal with the extra work and inspections. The ones who do accept them have homes that are too far from my kids, super high deposits that I can't afford, or think I'm scamming because I'm out of town (I live in VA right now).  I can't deal!
+
+I scrape by on child support/alimony while in school (13,000/year) and use a section 8 voucher. I'm applying for tax prep/bookkeeping part-time jobs (approx $13-20/hour) so I can have some extra money.  This is a government program housing, so I can get kicked out for entering wrong or misleading info so I told the truth.  Their auditors based my anticipated income on a Bookkeeping job at $20/hour and DENIED me since I COULD make $600 more a year than the maximum allowed for those apartments.
+
+They based my income on a job that I don't even have. Even if I get the job, I'm entry level so who says that I'm going to start at $20/hour! I'm so mad right now! I've never had to apply for something like this. Is this normal!!?
+
+edit: Someone mentioned, "why don't you get a job".  No, this is not a motivation issue. I want a job. I am venting on my situation NOW as an unemployed person moving into a new state. If I could land an apartment based on my anticipated income that would be awesome!
+
+ There's much more to the situation than I'm telling the internet, but that's it basically.
+Hi everyone,
+
+I'm a regular here, but this is a throwaway so I can disclose some financials...
+
+My mortgage is coming up for renewal and, having done quite a bit of research, I'm planning to take a tracker mortgage. Everyone I've mentioned this to so far has called me mad, but then, none of them are particularly financially literate so I just wanted to check my logic. Our circumstances are probably a bit unusual compared to most of my friends and family, who would probably be on the street if their mortgage went up a few hundred quid.
+
+Our house is worth somewhere between £900k-£1m. I've been using £900k for the mortgage calculator.
+
+Outstanding mortgage is £600k.
+
+Currently on an offset mortgage, paying around £3k per month for the mortgage - 23 years left on it. The offset is no longer that useful so wont be taking another one.
+
+I'm looking at Nationwide's offers for a two year deal. Their fixed rate is 4.44% (£3,018 per month), whereas their tracker is 2.79%/BoE + 1.04 (£2,462 per month). This is over 30 years, which I might change, but it helps to paint a picture.
+
+My wife and I (both mid-30s) have very good incomes and are living well within our means - we're not too scared about our mortgage going up with the base rate.
+
+It seems like it would be worthwhile taking the tracker in the knowledge that the BoE base rate would need to hit 3.4%+ in order for me to be paying more than on the variable rate. 
+
+I realise that it could go above that and then we'd be paying more, but nobody really knows right? I'm confident it will go up to some degree, but going up above 3.4%? I don't suppose anyone really knows.
+
+Also, if it hit 3.4% in a year's time, we'd probably still be quids in overall as we'd only be paying the higher rate for the second year. It'd need to go up to what, 4.5% to break even in year two?
+
+I spoke to a mortgage broker a few weeks back but he was quite strongly pushing us towards a fixed rate saying that we "want the confidence that the rate won't change", but to be honest, the guy was a complete cretin throughout the entire conversation so not sure how good his advice was! He was trying to use a lot of fear tactics to get us to commit there and then.
+
+It seems to me like a on a fixed rate mortgage you're paying a premium for the confidence that your monthly amount won't change, but banks aren't idiots and they'll usually come out on top here. With the current uncertainty, the difference between the variable and fixed are pretty wide and if we're not too risk averse, the variable could be the cheapest option overall.
+
+So, am I mad or is this just people assuming that the advice they've been given also applies to me?
+[Full statement](https://nikolamotor.com/press_releases/nikola-sets-the-record-straight-on-false-and-misleading-short-seller-report-96)
+
+Share down 10% in pmkt. To be fair it was down around 13% already before the statement. It's a fairly long response, addressing many of the claims made by Hindenburg. Applying Trump's "I never said quid pro quo" defence at various points (Nikola One, inverters, contract between Swift and dHybrid). 
+
+**Few highlights**
+
+Nikola One: totally not a pusher. But we are not gonna say it was driving under its own propulsion in the "Nikola In Motion" video. In fact, we never did. So technically we never lied. And it was long time a go anyway.
+
+Hydrogen capabilities: Milton has claimed they have a 1,000kg hydrogen station at Nikola HQ - "can produce 1,000kg of hydrogen at site". At this point it seems they only have storage and dispenser, but have only just ordered the electrolysers. I wonder how Trevor can say they are producing hydrogen at below USD3/kg if they don’t have actual production yet. Note that this point is not disputed by Nikola. 
+
+>**Short Seller Intentionally Underestimates Extent of Hydrogen Production Capabilities:**   
+>  
+>\-- The Company has also partnered with one of the most well-known hydrogen experts in the world, Nel ASA. Further, Nikola has already installed a 1,000 kg hydrogen storage and dispensing demo station at its headquarters and ordered over $30 million of electrolyzers to support the initial hydrogen station rollout. Read more in the Company’s [press release](https://www.nikolamotor.com/press_releases/nikola-orders-enough-electrolysis-equipment-from-nel-to-produce-40000-kgs-of-hydrogen-per-day-79). 
+
+Battery breakthrough: Claims that ZapGo was not related to the battery breakthrough announced last year, but is a confidential RnD partnership with “leading academic institution”. So we can look forward to hearing more about this at Nikola World 2020 in December.
+Long story short, I have been approached by my director for a promotion to supervisor, in which I would have 10 full time employees under me.  In addition to my new responsibilities, I will have to continue doing my current technical job and all the responsibilities associated with it because management does not want to backfill my position.  I have been offered a 2% increase in pay for this promotion.
+
+Personally, I do not feel the additional work and responsibility is worth only a 2% increase to my salary.  I would be interested in and happy to take the promotion and am stating my case for better compensation before I decide; however, I do not see the current offer as a fair deal.  I would be doing a job worth between $60-80k plus benefits on the open market in addition to what I am already doing, while only being compensated a minute fraction of that.
+
+If my negotiations fail, I do not think I would want to trouble myself with all the extra work for so little extra pay.  How can I tactfully decline this promotion?  I really like my job, am treated well here, and do not plan on leaving regardless of the outcome of this situation.  As such, I do not want to jeapordize my current job in turning this down.  All responses are greatly appreciated, thank you!
+
+Edit:  This garnered far more comments than I expected.  I do not have time to respond to every single one but I want you all to know I have read every single comment (and continue to read the new ones), and appreciate you all taking your time to share your knowledge, experiences and opinions.  I’ll post an update once everything is resolved so anyone who is interested can find out the outcome.  As one comment said, the consensus seems to be “f*** you, pay me”.  I think I’ll go with a more tactful version of that and see where it goes.
+https://oilprice.com/oil-price-charts/45
+
+-$2.86 or 15.65%.
+
+Edit: [There have now been unconfirmed reports that Western Canadian Select has fell **below zero**.](https://twitter.com/AndreTilban/status/1252048132260626435)
+
+See my comment below for a constant update. At ~~$14.94 $14.79 $14.62 $15.07 $15.45 $15.61 $15.77 $16.11 $15.89 $15.67 $15.60 $15.78 $15.50 $15.20~~ $10.01 right now.
+This was never a trade about the health of BBBY or them selling some Buy Buy baby side company.
+
+There is over 100% of the float shorted. 
+Who cares if this towel company is trying to restructure. This is a basic market mechanics trade. 
+
+Is the short % of float over 100% = Yes
+
+Is there a reason the short % of float has gone even higher since the drop = Yes
+
+Did the Ryan Cohen sell change the market mechanics of this trade = No
+
+Did GME and AMC both drop before they had their squeeze = Yes
+
+Is BBBY playing out the exact same patter as every other big squeeze play = Yes
+
+Is the Broad market in a bullish euphoric period and overall rallying = Yes
+
+This looks worth a bet to me.
+ONS just published the RPI for March 2022 and it's an eye-watering 9%.
+
+Plan 2 student loans have an interest rate of RPI + 3%, and they use the March figure and apply it from September for a year. So this year, theoretically the interest rate on student loans for high earners will be 12% for Sep '22 to Sept '23.
+
+Does anyone know if there is a cap on SLC loan interest rates to prevent this from happening?
+Ok Apes, I woke up in the middle of the night when a half-wrinkle popped in my brain. Couldn't go back to sleep so I re-read the 424B5 Filings until my eyes hurt..... and it was staring me in the face the entire fucking time (juiciest shit is always in the footnotes which are smaller and harder for me to read.
+
+*(also, this is my first DD and it got me so pumped and I started drinking my coffee wicked fast and now my heart is racing and I'm all JACKED to the TITS and in the process have developed even more respect and admiration for our DD leaders who have carried us for the last six months. Much love to all of you.*  
+ *🦍🦍Apes Together Strong 🦍🦍 )*
+
+​
+
+# Prelude 
+
+GME is selling 5M shares as an amendment to their previous ATM offering. The nagging FUD in the back of my mind was this: The previous 3.5M shares had a Max Dollars Raised ($1B) getting us to a juicy $285.17 share price . Why was there a cap? What's the cap for this one?
+
+# The Past
+
+The OG agreement was this:
+
+>"We have entered into an Open Market Sale Agreement, or Sales Agreement, with Jefferies LLC, or Jefferies, dated December 8, 2020, relating to shares of our Class A common stock, par value $0.001 per share, or common stock, offered by this prospectus supplement. In accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock having an aggregate offering price of up to $100,000,000 from time to time through Jefferies, acting as our sales agent."
+
+Dec20 Filing: [https://news.gamestop.com/node/18351/html](https://news.gamestop.com/node/18351/html)  
+*(Side Note: This agreement didn't state Short Squeeze as a risk factor. Bullish)*  
+
+
+  
+There was a Max Dollars Raised of a **measly $100M** and no mention of the number of shares to be sold. Why would they keep the shares open ended? Because then CFO Jim Bell was a doofus slash insider bad actor willing to sell 6.25M shares (stock was trading at $16.35) to save the SHFs and reposition GameStop to return to trading in the single digits.  
+Then RC came in and said "No no no no". GameStop didn't sell ANY shares to raise ANY money until they amended the agreement in April. Naturally, they had to follow suit with the Max Dollars Raised, so they moved the max up super high which is bullish af. Effectively they said "we're going from $100M to $1B"... but THIS TIME they added the maximum count of shares!  
+
+
+>"Under this prospectus supplement and the accompanying prospectus, and in accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock having an aggregate offering price of up to $1,000,000,000 (but in no event more than 3,500,000 shares of our common stock). On December 8, 2020, we filed a prospectus supplement relating to the offer and sale of shares of our common stock under the Sales Agreement having an aggregate offering price of up to $100,000,000. We have not sold any shares of common stock under this previously filed prospectus supplement, which is replaced and superseded in its entirety by this prospectus supplement."
+
+Apr21 Filing: [https://news.gamestop.com/node/18741/html](https://news.gamestop.com/node/18741/html)  
+By including the count of shares, RC was able to position against the SHFs by demonstrating he'd only allow a little breathing room for them. If you own \~10% of a company experiencing a short squeeze, would you rather release 6.25M shares for peanuts, or 3.5M shares for $551M? Bullish.  
+In RC We Trust!   
+
+
+# The Present
+
+The above is just setting the stage the Bullish Brain Wrinkle I had last night.... **🦍 Buckle Up 🚀**. The filing yesterday continued with the trend of stating the number of shares which is 5M. But what is the Max Dollars Raised? 
+
+  
+>!THERE IS NO MAX !!!<  
+[https://www.youtube.com/watch?v=Cd6A5PNvY4A&t=3s](https://www.youtube.com/watch?v=Cd6A5PNvY4A&t=3s)  
+Woah woah, watch where you're pointing those titties... almost got me in the eye which would have made it hard to read the fine print!  
+Since facilitating an ATM Offering is expensive, the Securities Act of 1933 requires companies to publicly disclose the fees they're paying. This prevents buddy-buddy relationships, effectively removing the possibility of a capital raise where 50% of the money raised gets paid to their banker friends in fees. Take a look at the footnotes at the top of the April filing:  
+
+
+[Apr21](https://preview.redd.it/kqsv8v333g471.png?width=1702&format=png&auto=webp&s=12ac4c7fd228ad729e2302eab3104619dbd1cd77)
+
+Apr21 Filing: [https://news.gamestop.com/node/18741/html](https://news.gamestop.com/node/18741/html) 
+
+1) Max Fee is calculated in accordance with [Rule 457(o)](https://www.law.cornell.edu/cfr/text/17/230.457)... that's just disclosure... cool whatever.  
+2) GameStop has already paid some fees... cool whatever.  
+Now look at the footnotes in yesterday's filing:
+
+[Jun21](https://preview.redd.it/56pqi1593g471.png?width=1684&format=png&auto=webp&s=176bfdc79bc3cfafd58d1f55445b7b87561440fd)
+
+Jun21 Filing: [https://news.gamestop.com/node/18961/html](https://news.gamestop.com/node/18961/html)
+
+The bottom two footnotes are the same legalese of max fee disclosures and payments made. But wait a second, *how can the Max Fee be calculated if there's no max to how much money can be raised?* Check out the first footnote:  
+
+
+>"Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act of 1933, as amended (the “Securities Act”), based on the average of the high and low prices of our common stock on The New York Stock Exchange on June 4, 2021. The proposed maximum offering price per share of common stock will be determined from time to time in connection with, and at the time of, the sale of the shares of common stock registered hereunder."
+
+Jun21 Filing: [https://news.gamestop.com/node/18961/html](https://news.gamestop.com/node/18961/html)  
+
+
+  
+With no max to money being raised, GameStop had to put a placeholder in the filing to be compliant, in this case $255.39, just because it's the average of the high and low prices on June 4th.  
+Woof, $255.39 is low... sad face? NOPE! It's just a **PLACEHOLDER**. They had to disclose the "Proposed maximum aggregate offering price" to determine the max fees to remain compliant. But it doesn't mean that RC is targeting that share price. Not at all.
+
+# The Future
+
+With 5M shares in his back pocket, no timetable for those sales, and **No Max Dollars Raised**, RC now has the reins in both hands at this point. As CoB, he's the bad bitch in town. He told you to buckle up, and you better follow his instructions.
+
+[Buckle Up](https://preview.redd.it/vkqdoee24g471.png?width=420&format=png&auto=webp&s=e049ef7565925e41be0b82c92196b7956120b740)
+
+  
+GameStop can sell at any price!! They can diamond hand 💎 🙌  as long and hard as they desire. Will they HODL to $25M? Probably not but only because (a) they don't need to because they know the true share count and see the massive naked short selling and thus know that 5M won't limit MOASS, and (b) they got shit to do. They have a company to transform. They have gamers in need of a home that delights them!  
+We're in good hands. Buckle Up for the 🚀 🚀 🚀   
+
+
+  
+tl;dr The new ATM Offering of 5M shares has NO MAX DOLLARS RAISED which means GameStop is ready to ride their own 🚀**rocket** 🚀
+Politics aside, this would seriously change the FI/RE landscape for a lot of us. Just wanted to see what you all think.
+
+https://www.paul.senate.gov/imo/media/doc/ObamacareReplacementActSections.pdf
+
+EDIT: Oops! I thought this was Paul Ryan's plan, but it's actually Rand Paul's plan. Either way, it's the unlimited HSA contributions part that matters.
+After maxing the 401k this year I had a couple of pay periods where I had some extra cash in my paychecks. I've never done much investing outside of my IRA and 401k, but have always liked the idea of building a small portfolio of dividend paying stocks.
+
+=GOOGLEFINANCE is great, but has some limitations around dividend payments so I built a spreadsheet that allows me to track the performance of my portfolio and dividend payments without having a ton of browser tabs open on my brokerage website.
+
+I thought I would share it for anyone to use. I've input some info on how to use it as well as the companies that fall into the Dividend Aristocrat classification (S&P500 + Over 25 years of consecutive dividend growth). It should work for any stock though.
+
+https://docs.google.com/spreadsheets/d/1pmren7BsrYalW0536QRU7AnCf9yyzP2VQMJffhqYKOs/edit#gid=2052271909
+
+**Notes:**
+
+*Quotes are not sourced from all markets and may be delayed up to 20 minutes. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice.*
+
+*=Sparklines are a little finicky if you are seeing "Loading..." try refreshing or only using them for the stocks you care about.*
+We all know that physical bills are printed serially with corresponding numbers. And most of us (general public - you people certainly do) know that the vast majority of money exists electronically nowadays.
+
+So: how are electronic deposits and transfers tracked? Theoretically, one could serially number serially issued electronic units, right? Do we? If not, wouldn't this cut down on laundering and make the financial system more transparent? How, in fact, is electronic money encoded? And why have we settled on the present system as opposed to potential alternatives?
+
+Any banking software guys, or bankers in the know, in da house?
+
+I've already posted this on WSO but I wanted some reddit input as well. [WSO post](http://www.wallstreetoasis.com/forums/first-internship-and-it-kinda-sucks-wanting-to-quit)
+
+I'm a sophomore in college and got my first finance related internship this semester. This is my third week. I'm supposed to work until December and I'm not getting paid (just compensated for lunch and transportation).
+
+The problem is that it's not really related to finance and it's basically a sales role at an analytics company. And I really suck at sales with English not being my first language and just being a shy person in general. I basically get yelled at every day. I'm pretty sure the company REALLY needed interns and that's why I got an offer. I don't really like the people in my office, but I assume that happens everywhere.
+
+More information on the company: it is an outsourced analytics company. All research work is done in India and no one in the NYC office does research.
+
+What I do: I make cold sales calls, dig up companies and phone numbers to call, and sometimes write memos about companies my bosses have sales meetings with.
+
+Since this was the first offer I got, I got too excited and accepted right away, which was a huge mistake because a few days later I was offered positions at different companies where I could learn more about the finance industry itself.
+
+I really wanted to quit, but the boss, who went to my school, keeps telling me that she'll be in a difficult position if I quit. And she promised me that she will put me in contact with different people if I do well (she used to work in IBD). I'm afraid she might talk bad about me to her contacts if I quit. Since I don't have any relevant work experience, I need something on my resume too.
+
+But every day it's just frustrating because I feel like I'm not improving at all and I keep getting yelled at. I'm sure sales skills are probably a good thing to have, but I want to go into equity research (presumably a sector I wouldn't need a lot of sales skills for).
+
+Since I only have two more months, should I just suck it up and stick with this job?
+
+**TL;DR:** Sophomore majoring in finance doing sales internship. Job sucks and I'm not learning a lot. Boss who used to be in IBD says she can put me in contact with people if I do well. I don't have work experience. Should I stick with the job until I get done in December?
+
+Edit (10/18/12): I've been sticking out so far and will probably do so until at least this month and then see what happens. Don't let that keep you from commenting though, I'm appreciating everyone's advice.
+The following link describes the SEC decision that's been pending for a while;
+
+http://www.bloomberg.com/news/articles/2016-06-17/iex-outduels-citadel-nyse-as-flash-boys-exchange-is-approved
+
+My question is; what is the appreciable difference once they gain exchange status? 
+
+As a dark pool aren't they already subject to NBBO on any given execution?
+Google is currently trading at around $1,030/share. Couldn't they do a stock split at 2/1 or even 3/1 thereby increase the liquidity of their shares? This lower price would, in theory, increase the demand for stock (since more people can afford it) which would in turn increase the market cap?
+I started reading [**This**](http://money.cnn.com/2013/04/02/news/companies/fannie-mae-record-profit/index.html?iid=HP_LN) article and got to thinking about how so many of americas mortgages were at one point owned or in some way influenced by Fannie Mae and Freddie Mac (SP?) that had they all gone under it would have been quite an interesting(insane?) event.
+
+Anyone care to take a stab at it?
+Okay first thing im 32 and i have about 24k stashed in my Roth IRA and its through M1 Finance. Ive been using the Roth IRA to build my dividends up, but im not sure if its a good idea. I know everyone says to max the Roth out first but with my financial situation im not looking to wait till 62 to be able to use it. I have other things that will cover me that late in life. My goal is to invest in dividends now and start drawing from the monthly dividends when im in my late 40's early 50's. What do you guys think?
+Has anybody been experimenting with the quadfecta portfolio as explained by u/vanguardsucks? I found this portfolio very interesting and have been considering either starting a taxable account with this or perhaps change my Roth over to it. I’ll link the original post down in the comments.
+Has anyone thought about chasing ex-dividend dates? By that I mean, checking this weeks ex dates, doing the DD on ones you like and investing just before the date, selling soon after and buying a different one. 
+
+For example: Let’s say DIS has its ExDD set for Tuesday and KO has an ExDD set for Thursday. If I buy DIS Monday, sell on Wednesday to buy KO I would get both dividends.
+
+The glaringly obvious risk is the stock decreasing in value/brokerage fees etc. If you’ve done the DD though and like the stock anyway I.e. if it does drop you don’t mind holding it for awhile. Also obviously not using all of your portfolio on that strategy. Also if it decreases in value but less than the dividend you’ve collected isn’t it still worth it? 
+
+TLDR: Do you think using a small portion of an account to chase ExDD’s a viable strategy? 
+
+TIA
+Is it better to buy individual stocks or ETFs? My goal is to have a supplemental income in 15 to 20 years (currently I'm 41). Just started seriously invest at the beginning of March. Thanks in advance.
+I recently became interested in investing some money in artificial intelligence an came across BOTZ ETF. I'm going to do further research on it myself but in the meantime I would like to know everyone's experience with it. I'm kinda on the fence with it being around  $30 with just a 0.3 yield.
+I’m new to dividend investing and am looking for advice, 
+
+Any good Canadian dividend picks? Already been looking at BMO, MANU, Enbridge and other big names. Is there anything I should watch out for in specifically Canadian dividends?
+
+Edit: I wasn’t expecting this much activity! Thank you everybody!
+I have Xfinity and my last deal expired this month meaning my internet bill (I pay for internet only, no interest whatsoever in voice or TV) went from $39 to $59 (before taxes).
+
+Well, today I decided it was too much so I started calling their cancellation department. I spoke with 5 different people, they all tried to either sell me more stuff(TV, premium channels, more speed,etc) or gave me "deals" that would lower my bill like $5.
+
+I did not give up, finally spoke with someone willing to help(yes,they all can but some might not want to). The agent was able to get me another 1 year deal for Performance Internet (\~ 65 Mbps downloads) for $39. 
+
+My tactics?
+
+1. Tried being nice. (Did not work)
+2. Tried saying I  would straight cancel my service and go with another provider(Worked on the second attempt)
+
+So, here is my advice, do not be afraid to say you are cancelling your service. Be firm and do not let them convince you they can not help, the can.
+**ETA2: there is a strong possibility that all the info below only applies if you got your shares via a physical share certificate or replica program (as I did mine). All shares in my Computershare account were acquired this way, and may show differently in their system because of it. I asked another mod to update my post flair to inconclusive (we have an internal rule about mods moderating their own content), as there is a lot of conflicting info from a lot of sources, myself included.**
+
+Howdy apes! u/Bradduck_Flyntmoore here! I've seen a lot of stuff about DRS in the last couple days, so I figured I'd call Computershare directly to get some confirmation on a few points I've seen discussed.
+
+Firstly, they cannot lend your shares, as they are registered directly in your name.
+
+Secondly, sell orders and buy orders can be placed via Computershare directly (online or via phone call), but they do not offer limit buys/sells. ONLY MARKET ORDERS. There are also fees associated with these transactions.
+
+Thirdly, any shares that are DRS have to be converted back to unregistered in order for Computershare to sell them. The rep I spoke with told me this takes 5 business days.
+
+Fourthly, after converting DRS to unregistered shares, the security/securities will then be sold as a MARKET ORDER only, as mentioned above. The standard T+2 for settlement then applies.
+
+Lastly, after the security/securities are sold, Computershare sends the seller a physical check in the mail, which takes 7-10 business days.
+
+**TL;DR: selling DRS securities via Computershare has a total turnaround time of 14 business days from initiating the sale to receiving the money for said sale, and they do so as a market order only.**
+
+Hope that helps answer some of y'alls questions! When in doubt, go to the source. I've had Computershare as one of the places I hodl for about two months now, but I never intended on selling those particular shares, hence never bothered to find these things out. But what can I say?! Y'all wanted some answers, and I love y'all! So here we be.
+
+Definitely worth looking into if, like me, you plan on keeping some of your shares forever. Not so much worth looking into if you plan on selling everything.
+
+Power to the Player! 🚀🌙
+
+ETA: nothing in this post is proof of anything. It is simply the information provided to me by the representative I spoke with on the phone. If you have/had a different experience or have access to knowledge that directly contradicts what is in my post, please feel free to share here in the comments or in a post of your own. Apes together strong, and together we can get this sorted, I have no doubt.
+
+Like I said above, I never intended on selling any of the shares I have with Computershare, so this is the first time I have looked into any of this. It is also the first time I have spoken with one of their reps. As is the case with most things, if you have doubts, call them yourself. Or check out their website (which I have not done).
+
+
+ETA 3: per the request of a couple apes in the comments, I am adding the pinned comment as part of the original post for those who do not read comments.
+
+Per u/ajquick and their comment in the thread below, it seems as if the rep I spoke to may have specifically been talking about transacting based off physical share certificates (which is how I established my account, and for which I was sent a replica stock certificate). I am pinning this so apes can see all sides of the info. Idc about being right, I just want apes to have accurate knowledge.
+
+Hello /u/Bradduck_Flyntmoore
+
+I'm sorry to inform you, but you were horribly misinformed by the ComputerShare representative that you talked to on the phone. Please see this thread which talks about the FUD surrounding ComputerShare: [https://www.reddit.com/r/Superstonk/comments/p3owe8/dispelling\_the\_fud\_surrounding\_computershare/](https://www.reddit.com/r/Superstonk/comments/p3owe8/dispelling_the_fud_surrounding_computershare/)
+
+Basically most of what was said can be disproven by reading the GameStop DirectStock brochure on the ComputerShare website: [https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78](https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78)
+
+(To find this document, you can log in to Investor Center and then find your way to the Company information and then finally the Plan Details).
+
+To answer a few things:
+
+>Firstly, they cannot lend your shares, as they are registered directly in your name.
+
+**Correct**
+
+>Secondly, sell orders and buy orders can be placed via Computershare directly (online or via phone call), but they do not offer limit buys/sells. ONLY MARKET ORDERS. There are also fees associated with these transactions.
+
+**False**
+
+Orders can be placed online (easy), over the phone (harder) or through the mail (very slow).
+
+All buy orders are market orders.
+
+Sell orders for GameStop are available: Market orders, Limit Order (Day), Limit Order (30 day). This is in the brochure, but you can also test this by trying to sell one of your GameStop shares.
+
+>Thirdly, any shares that are DRS have to be converted back to unregistered in order for Computershare to sell them. The rep I spoke with told me this takes 5 business days.
+
+**False**
+
+Not according to the brochure and why would they need to do that? They sell your shares on the open market the same as they buy them. They use the DRS to transfer your shares back and forth to the DTC. Same as if you are buying or selling. That happens during the T+2 settlement, AFTER they are bought or sold.
+
+>Fourthly, after converting DRS to unregistered shares, the security/securities will then be sold as a MARKET ORDER only, as mentioned above. The standard T+2 for settlement then applies.
+
+**False**
+
+See above. Market order or limit sell orders are available for GameStop. They will try to execute your trade soon after you ask them to. Standard T+2 settlement applies.
+
+>Lastly, after the security/securities are sold, Computershare sends the seller a physical check in the mail, which takes 7-10 business days.
+
+**False**
+
+You have the **option** to be paid via check. However the standard method is to be paid using an ACH bank transfer, which takes 1-3 days. However if you are transferring over a certain amount, I believe $20,000, they do the transfer as a **wire** instead. This takes between 5 minutes and 1 day depending on what time of day they do it.
+
+>Hope that helps answer some of y'alls questions! When in doubt, go to the source.
+
+Please take this advice everyone. Go to CompureShare's website, read the actual documents for the GameStop plan. Don't take second hand information from someone that talked to an uniformed rep. 
+
+I know your intentions are good /u/Bradduck_Flyntmoore. I've seen you comment a lot on some of my Computershare posts going back a few months now... but please update your post with the correct information.
+
+EDIT: It just occurred to me that OP may have been discussing PHYSICAL SHARE CERTIFICATES and not DRS shares. Some of what you said makes sense IF you are holding physical share certificates that you need to be sent in to ComputerShare in order to sell. They would need to convert those shares BACK to DRS shares. This is however different from the DRS system, in which your shares can freely move between you and the DTC system.
+This is my first job- 12 hours a week but usually working 15 at £10 per hour, meaning roughly £7500 a year. 
+
+On my payslip I see I’m paying 20% tax, my tax code is 0T W1 which I read means I pay tax on all my income, but why am I paying it if I’m not going to be earning over the roughly £12000 limit?
+Hey guys,
+
+You might have seen my post asking whether a flowchart for limited company directors exists.
+
+Well, it looks like it didn't exist, so I decided to create one. 
+
+This update is a combined effort from feedback received on /r/UKPersonalFinance and /r/FIREUK
+
+Thanks everyone for being so helpful, I couldn't have done it without all of your wisdom:
+
+[https://www.reddit.com/r/UKPersonalFinance/comments/ekfo23/flowchart\_for\_limited\_company\_director\_followup/](https://www.reddit.com/r/UKPersonalFinance/comments/ekfo23/flowchart_for_limited_company_director_followup/)
+
+[https://www.reddit.com/r/FIREUK/comments/ekfnb8/flowchart\_for\_limited\_company\_director\_followup/](https://www.reddit.com/r/FIREUK/comments/ekfnb8/flowchart_for_limited_company_director_followup/)
+
+It likely still has many **errors** and **inaccuracies** as well as being a **very** **initial and incomplete draft**.
+
+Let me know what I should change, correct, and improve.  
+It's still a very initial draft and I'm planning to improve it with your comments and feedback.
+
+Here the updated version (v.0.0.2 alpha): [https://imgur.com/a/CNpHqZL](https://imgur.com/a/CNpHqZL)
+
+(also, I've created a new post for this update as I've been recommended to do so, I'm new to reddit so I'm not sure what the correct etiquette is, but please let me know if I should just update the previous post instead and delete this)
+Was doing well in my options account and one bad trade just blew up my account today. Sucks and I feel like shit. Here to vent. Any tips on bouncing back? Lol
+Yeh its a stretch for AusFinance, but its a question about saving money... its cheap wine on promos, but is it actually any good?
+
+Edit:  
+Alright went ahead and bought a deal $29 for 6 pack with free delivery so at $5 a bottle figured I had little to lose. Got to say though, I am shocked by their sales tactics..  I did not even realise I had signed up to something until I was reading reveiws.  WTF? And even then I had to dig to cancel it.  No wonder so many people are shitty in the reviews.  I also don't like the amount of targeted advertising I'm receiving already.  Sounds like a good company but their marketing kills it for me already.  Hope the wine is ok..
+Hey all, I moved to Melbourne in January 2018 and will likely be here forevers now. 
+
+I come from Canarctica where everyone automatically gets their money put into the Canadian Pension Plan, so I’ve never had to think twice about this sort of thing. To make matters worse, my first job here involved covering the Royal Commission into Financial Misconduct and now I’m convinced that converting all my money into gold and burying it in the mountains is the safest bet (not that Canadian banks are robbing us blind too). 
+
+I’m really struggling to sort out my finances now that I’m no longer am a student and actually am amassing *some* money. Obviously I know I need to read through PDS to determine fees, but it’s bloody overwhelming. I’m also out to sea when it comes to balancing fund performance with annual fees (especially since performance is so variable). 
+
+Any tips/tricks/drinks to make this go down easier? 
+
+Thanks! 
+
+
+As the title reads, my boss handed out shares in the business the other night, i think he gave away 35% in total. I was told that i would get 5%, but i have my concerns over this, he said that the company was evaluated by Deloitte to be worth $12.5mill. 
+
+I just had a few questions, wondering if anyone could help me here. 
+
+* 1) if my company goes bust, can I legally be held accountable for the debt?
+* 2) Does making me a share holder make me forgo my employee rights, and that he can dismiss me at any time?
+* 3) my boss has a bit of a shady past, any legal actions that are taken against the company or him, will i also be implicated in those legal actions and be accountable financially?
+
+I hope this is the right place, i dont really know where else to turn. 
+http://online.wsj.com/articles/savings-turn-negative-for-younger-generation-1415572405
+
+I don't have a WSJ subscription, but the key numbers that I can see... US data:
+
+*Adults under age 35 have a savings rate of -2%
+
+*Adults 35 to 44 have a savings rate of 3%
+
+*Adults 45 to 54 have a savings rate of 6%
+
+*Adults over 55 have a savings rate of 13%
+
+I'm curious as to what is behind this trend. The article starts by saying that "young Americans have stopped saving," which to me implies that the savings rate used to be positive for this demographic. 
+
+It's also interesting to note the upward trend in savings rate as you get older. I would reckon this is due to earning more money while expenses become more stable. What do you think?
+How is it that we can be confirmed to be in a recession and Jpow and the white house just change the definition and say "no it's not" and all the markets rally. Is it literally just they saw we all positioned ourselves for bad news so they're milking us? My reverse spy ETFs getting absolutely roasted and there's nothing but bad news. 
+
+Before you tell me it's all priced in, then how are we still not THAT far off market all time highs? The fed has barely begun, if at all, their quantitative tightening that they said they would be doing. Is it just fuck retail? Like, we educate ourselves and prepare for what's coming and they say "oH No pEOplE ArE goNNa MaKe MoNeY" and the Fed and market makers force the markets to do the opposite of what they should? I literally don't get it. 
+
+Can someone explain?
+Hi, I am looking to buy stock in US companies because that's where the big boys are and their economy is doing well. Are there any investors here that can think of negatives or sacrifices to buying US stocks being a UK citizen, I invest with HL for anyone interested, I am looking for further diversity in my dividend portfolio and diversifying into a different country is always a great thing to do in my mind.
+So. I was talking to my dad (he is in his 50s) today when we started talking about my financial plans. 
+When i brought up the idea of early retirement and saving around 60-70% he became sort of mad and said that it was impossible and ‘not realistic’. He also started bringing up things like ‘go have some fun’ and that sort of stuff. 
+
+Anyways, sorry if this is random (I just wanted to write this cause it triggered me somehow) but my question is; how do you deal with people who don’t see the point in FIRE/dont find it realistic? I know the answer ‘just dont care’ is a option but this is very hard with close people. 
+
+Edit: Thanks for all the advice!
+So, I did pulled data from oct 2020 to march 31 2021 FTD from[https://www.sec.gov/data/foiadocsfailsdatahtm](https://www.sec.gov/data/foiadocsfailsdatahtm)
+
+And did a pull the list of ETFs that contain GME , and it allocated %.
+
+I load the data into a program call Qlik and generated a model by date to see what GME is daily.
+
+If you like simple numbers here's the table for daily FTD
+
+column 1 = date of FTD
+
+Next 3 column is the ticker GME the FTD
+
+Next 3 column is the ETF FTD (this the 72 etf and its value and FTD quantity)
+
+Next 2 Column is the GME Allocation % in the ETF , Qty and $ value based on the ETF cost.
+
+Next 1 column includes both GME ticker + GME Allocated in the ETF daily FTD $
+
+Next 1 column is the ETF Moving Avg Daily  FTD (take the ETF Daily FTD $ row and average it day by day )
+
+next 3 column is the Moving Avg calculation:
+
+1 . GME Allocated % for each ETF , sum of that , and avg FTD $ daily avg
+
+2. GME ticker daily avg
+
+3.   combination of 1+2, so the daily moving avg.
+
+https://preview.redd.it/0a9yrwwxqeu61.png?width=1630&format=png&auto=webp&s=21e8c9dd67b525be2cff7cf20dd0256d77fd261c
+
+Moving Average in terms of FTD $ gives an idea from starting point (in this case 10-01) what it cost kick the can down the road.
+
+​
+
+https://preview.redd.it/ewy87umoteu61.png?width=137&format=png&auto=webp&s=51606160121edf3a0d6495fbd614746f52d22789
+
+Here's the first 3 record FTD for all ETF that has GME , using its % to calculated its cost base and a sum of the total of all ETF with GME in it, this is the moving avg
+
+​
+
+https://preview.redd.it/optwgan5ueu61.png?width=128&format=png&auto=webp&s=14ba4cb585dbe6127bfb0994a730e0e829e9de39
+
+This is derived from the ETF Daily FTD$, using the % of GME allocated in the ETF to get its true value of FTD
+
+https://preview.redd.it/fn891oneueu61.png?width=157&format=png&auto=webp&s=36551b06cf56e0e56f421fdba3ec90ed14e8955d
+
+Here's the ETF Daily FTD$
+
+So our ETF Moving Avg , on 10-01 is itself
+
+on 10-02 = (10-01 etf daily avg 285886.95  + 10-02  etf daily avg 1108057.8)/2 = 696972.375
+
+on 10-03= 285886.95+1108057.8+895382.37)/3 = 763109.04
+
+..etc.
+
+that means if a share was 'closed' at any point its FTD $ value will be reduce, and it a share is added in the FTD it will also increase it anytime.
+
+​
+
+TDLR:
+
+​
+
+https://preview.redd.it/l2etu3n9veu61.png?width=3780&format=png&auto=webp&s=987b6a5d87ce1c5386adc81f0aebdb62909de7ea
+
+This is the Last column in that file above, in a line chart ... by day,the FTD is GME's FTD  + the % of allocated of GME in each ETF using the ETF's cost basisSo literally they are just kicking the can down the road
+
+​
+
+Edit1:forgot to post etf site : [https://www.etf.com/stock/GME](https://www.etf.com/stock/GME)
+
+https://preview.redd.it/0lw5yg23dfu61.png?width=1171&format=png&auto=webp&s=9bd98065779304f0831431f35ebc1e6231cbd0e1
+
+if you go to the site select 100, you will a list of all the etf and its % GME allocated. this is the % used in the calculation with assumption that if its 11.99 %, and 100 qty was failed for FTXD, then its 11.99 share of GME failed to delivered. This is then using the Cost of FTXD for estimated $ and not the GME cost at that day.
+
+The EFT % allocation is a continuation of this :[https://www.reddit.com/r/gme\_capitalists/comments/ms8ahs/gme\_ftd\_etf\_and\_gme\_allocated\_of\_the\_etf/](https://www.reddit.com/r/gme_capitalists/comments/ms8ahs/gme_ftd_etf_and_gme_allocated_of_the_etf/)
+
+which list a table of all ETF, and its supposed GME FTD based on each ETF's %. Originally I could not post in r/Superstonk due to not enough Karma, but manage to get enough after that post to add.
+
+u/Mtbordie :
+
+\#2: I don't know much about the stock market so I cannot determine what the FTD$ value do to the hedgies. But speculate that this is their cost to they pay to the SEC/Lender for not delivering those shares. If that statement is true, then the cost in GME alone is the column with FTD+ETF%Allocation. It gives an idea how much it cost daily to kick it down based on share price closing value.
+
+I can provide numbers but I need a more wrinkly brain to explain to me how does shorting ETF affect GME since its GME is in the ETF. But if its shorting the ETF as a package, then the business cost would be GME Daily Failed + ETF Daily FTD since each ticker has their own cost, and that should be the kicking the can down the road business cost.
+
+\#3: The increase value is detrimental to the share price of both ETF and GME and the quantity failed. I don't manually calculate each entry. I code the Qlik app to load the csv FTD Files and create a table usin gthe ETF site with their % allocationg, hook up the ticker symbol for the ETF in the FTD File , then I plug in formulas for each column.
+
+Column1 is just a field which contains all date to group all the calculation against.
+
+column2 is the sum of quantity failed for GME ticker in the FTD Table by date
+
+column3 is the price closing
+
+column 4 is the column 2 x 3
+
+.. etc. All data are from FTD csv file, with the exception of the % allocated to GME is coming from the ETF site tied to tied to the ticker in the FTD CSV.
+
+cost of gme=sum of gme's ticker FTD \* its closing price
+
+cost of etf=Allocation/100 \* FTD \* ETF Closing price
+
+\--there's an increase likely because there's an increase in either price of the GME/ETF or increase in the FTD of each
+
+​
+
+https://preview.redd.it/ft21nnhpjfu61.png?width=754&format=png&auto=webp&s=fb79cf4a1c211093107768a130cca631a479471c
+
+​
+
+Here's is a portion of the data set, this will increase their FTD $ value since quantity for GME and ETF FTD increase, but since ETF price doesnt really change much, while GME price changes quite a bit it increases their overall cost.
+
+\#4: The Daily FTD is whatever was reported in the csv file from the sec.gove site. From my understanding this is cumulative as per the site. And Yes that is to my understanding that if a share FTD today, tomorrow, and the next day it will be in each day until the share is covered, which then it should be 1 less from the total for that day.
+
+\#5: the graph show ONLY the bleeding value daily for FTD for GME. see # 2 above. If we takes the ETF FTD Qty \* ETF Price it would be ALOT more, but again I don't know how this work, so I isolated GME specifically based on the ETF 's GME Allocation %.
+
+​
+
+Unfortunately this is me 'working' so this @ work.
+
+I plan to update this and add in yahoo's historical data for each ETF to list volume reported by end of day.
+
+​
+
+I also like to get a list of all events for each day that actually have an event (like today's sherman forfeiting his share due to performance,.. RC tweeting days, earning , announcements, and any dates to get a better timeline of events under that could potentially affects GME pricing.
+
+Edit X: OTC Volume -- and Yahoo's Volume, this is just GME.
+
+I'll just leave it here
+
+https://preview.redd.it/6t4li4jedmu61.png?width=1902&format=png&auto=webp&s=1cdb76fbf277cd34b7d37f1b1c5f1c3ded1148e2
+From: Coinbase <news@coinbase.com>
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+
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+
+When posts titled "Now is when money is made" are getting hundreds of upvotes, now is not when money is made.  When people still recognize the promise of crypto the price will continue to drop.  Dca has no place in a true call of the bottom.
+
+When crypto is declared dead and nobody argues, that's a good time to buy.  Sounds crazy but that's what capitulation is.  Wait until you have resigned yourself to looking at your stupid boss's face for the rest of your life.  Wait until you haven't checked this sub or charts for months.  Wait until your friends brag about the 3% returns they're getting from their savings accounts at the bank.  That's what a bottom looks like.  That's when you pick yourself up and start rebuilding.
+
+My head is bloodied, but unbowed.
+ Stonks only go up memes, actually made a difference.
+
+​
+
+>Speculative excess has surged to the highest in at least 20 years among U.S. options traders -- and that’s a negative for stocks over the medium term, according to Sundial Capital Research Inc.  
+>  
+>Traders established fresh bullish positions last week by buying 35.6 million new call options on equities, according to Sundial founder Jason Goepfert. That’s up from a peak of 28.7 million in February, when speculative activity was rampant, he wrote in a note Monday.  
+>  
+>“Options traders make stunning bets on rising prices,” Goepfert wrote. “This kind of activity has a strong tendency to lead to negative returns in the S&P 500 and other indexes over a multi-week to multi-month time frame.”
+
+...
+
+>**At the heart of the speculative activity are smaller investors, according to Sundial. Small trader call buying made up more than 50% of total volume last week, the highest since 2000, it said.**   
+>  
+>  
+>  
+>Past instances when bullish small trader positions made up 45% or more of volume preceded a median loss for U.S. stocks of about 3% in two months time and 15% in a year, according to the note.  
+>  
+>“Small traders are pushing their luck in a major way,” said Goepfert. “It seems increasingly risky to try to chase this rally along with traders who have traditionally been extremely reliable contrary indicators.”
+
+​
+
+Source:  [https://www.bloomberg.com/news/articles/2020-06-09/speculative-fervor-in-u-s-stocks-surges-to-stunning-levels](https://www.bloomberg.com/news/articles/2020-06-09/speculative-fervor-in-u-s-stocks-surges-to-stunning-levels)
+Hi Guys,
+
+So as the title says, what items on your monthly budget were you able save money on, or what items were you able to do away with completely?
+
+My most profitable savings came from:
+* Renegotiating my insurance premiums. I saved about $100
+* Added a call and data usage limit on my cell phone contracts. Saved $150 (in South Africa cellphone contracts are very expensive). 
+* Stopped paying house insurance on my bond for properties in a complex as the body corporate pays for it already. Saved $50
+
+What are yours?
+I'm planning to put $20k down on a ~$50K auto loan.  Is there any benefit to, rather than putting the $20k down right away, putting $10k down and then immediately making an extra payment of $10k?  Just wondering if that would potentially lead me to pay less interest in the long term.  Thanks!
+
+**Edit: Decided to pay in cash. Bonus question: do I need to bring a cashier's check?**
+I am trying to split $25K equally on the below stocks. Long Term Investment. Please provide your suggestions/inputs. 
+
+**Technology** = MSFT, GOOGL, AMD, UBER.
+
+**Financial** = MA, V, JPM, BAC.
+
+**Consumer Goods** = AAPL, NKE, TSLA, BYND.
+
+**Services** = HD, MCD, AMZN, DAL, DIS.
+
+**Healthcare** = JNJ.
+
+**Industrial Goods** = BA.
+Hello everyone,
+
+For some background information I am 25 and live in Europe. I decided to ditch active investing due to lack of time. I will be doing DCA monthly into an ETF portfolio and I though about the following:
+
+​
+
+* VTI - 28% 
+* VT - 24%
+* VUG - 24% (I just like growth investing)
+* VO - 24%
+
+What changes would you make? The reason the percentages are so close is that I can afford to add about $250-300 monthly and I need minimum $50 to buy a certain ETF (I use eToro). I also plan to do this for a long time (more than 10 years) and add increasingly more as I earn more.
+
+Any advice is welcomed!
+Thoughts on leveraged ETFs? I’m young (early 20s) and have lots of time before I retire. I’m looking for risky investments, and I don’t see why a leveraged ETF (such as a 2x or 3x SP500 fund) would be a bad idea for me. Why do people discourage leveraged ETFs so much? Any help is appreciated!
+This year I purchased a leading TIPS ETF, SCHP (**SCHWAB STRATEGIC TR US TIPS ETF).** It has been on a downward trajectory since the beginning of 2022 along with many bond funds, but since its all treasury inflation protected investments, I'm not tracking as to why such a steep and rapid decline even with the interest rate hikes. Can someone help explain and if I'm likely to see this ETF recover back to its price highs?
+So I want to diversify, I’m primarily in US holdings (VOO, VTI, etc.) I have about 12% in VXUS. I was wondering if I should start entering the bond world with BNDW or continue pursuing VXUS? 
+
+Any and all input is appreciated! Love you guys!
+I am planning to move my Robinhood portfolio. I mainly invest in Vanguard ETFs though I prefer using Fidelity as a brokerage account due to ease of use and user friendly UI.
+
+​
+
+I wanted to know if Fidelity charges a fee for buying Vanguard ETFs?
+Hey guys, im relativly new to etf‘s, at the point of now no $ invested.
+
+I searching for a good etf with consistent APR. 
+
+S&P 500?
+Vanguard ETF‘s?
+So I’m new when it comes to investing. I am not that interested investing in individual stocks, but just like the idea of investing only in ETF’s. 
+
+I know standard investment advice says that with  more growth, more volatility, and less growth, less volatility. 
+
+I like how high growth ETF’s offer high yearly returns, but concerned about the potential volatility. 
+
+What does a good ETF investment portfolio look like? Is investing only in high growth a good idea? 
+
+Appreciate any investment advice/wisdom.
+I guess I see a lot of stuff on here about VT, I only have access to certain vanguard ETFs in Canada. I am just not sure what to do, I want to make it simple and have a long time to let it all grow.
+Hi all,
+
+I'm new to ETFs and can see they're sooo many different options of where to buy them from..
+
+Who do you guys use and why?
+
+Any of them provided a great analytics dashboard helping you track your investing ?
+
+What do you think about m1.investing?
+
+Lastly any places you would definetly not buy ETFs from for some particular reason?
+
+Thanks
+
+I’m a 25M with $2k invested. I have 70% etfs, 25% stocks, and 5% rest. I’m ready to hold long term 10+ years, should I focus on growth etfs, high dividends, or a mix of both (if so, what % of the mix)
+I started putting some side job money aside to an ETF portfolio. I thought I had an idea of what I was doing...but the more I read the more I don't think I have a clue.  
+
+
+So if people could give me some advice on how to restructure this portfolio, that would be excellent.  
+
+
+This is probably a 5-15 year fund (might use it for college, house, won't touch it for a while)  
+We are also already maxing out our 401ks (married both in Vangaurd Target 2060) and we have a mutual fund (Growth of American Fund AGTHX)  
+
+
+I want about 40% to be a safe, diversified investment (VT, VTI, VXUS)  
+And I would like to reserve about 30% of the fund for specific sectors (tech, healthcare, consumer goods, clean energy)
+
+And not sure what to do with the rest (I thought the 3 growth funds made sense but maybe not)  
+
+
+Here's what I have right now:  
+
+
+VT 15%  
+VTI 15%  
+VXUS 10%  
+MGK (Megacap Growth) 10%  
+VOT (Midcap Growth) 10%  
+VBK (Smallcap Growth) 10%  
+XWEB 5%  
+IBUY 5%  
+VWO 5%  
+VHT 5%  
+VCR 5%  
+(Would like to add a clean energy fund at 5%)  
+
+
+Let me know how to move things around, what to drop, etc.
+I think this is well diversified but looking for any egregious errors or opportunities to do better (as I’m second guessing that I have too much, there’s overlap and I need to consolidate). 
+
+Have $100k, $5k in each, looking to average in across all while employing a buy/hold. 30yrs old now. 
+
+EBIZ
+QQQ
+IBB
+IHAK
+DMXF
+ICLN
+SPY
+VCR
+VIG
+VWO
+VNQI
+VHT
+VYM
+VGT
+VYMI
+IVOO
+VIOO
+VXUS
+VT
+VTV
+I am currently holding VFV and QQQ, and I am looking to diversify my holdings. I plan on transferring QQQ to QQQM for lower fees, but was wondering what were some growth ETF's to get into as I plan on holding these ETF's long term. Currently thinking about ARKK, ARKG, and QCLN, as well as potentially adding an emerging markets ETF. I was thinking of having 30% VFV, 30% emerging markets, and then 40% growth ETF's. If you have any thoughts or recommendations I would appreciate it.
+Hi, Im very new to investing. My goal is to buy and hold 90%  of my portfolio in VOO until i retire, currently I hold VTI & VNQ. If the price dips enough for VOO then I plan on selling all my VTI stocks and buying VOO. I have already maxed my limit contributions for this 2019/2020. My question is that are there any drawbacks or anything I should be concerned of besides possibly getting taxed on the gains I could make? Should I spend all my money on VTI right now then when VOO gets low enough, sell my VTI?
+How much diversification and types of ETFs will produce the highest returns in your opinion long term?
+
+The goal is to beat the S&P 500 at least hopefully.
+I'm 20 yo, looking to make investment in the S&P500 index (or any other good index for 5 years investments are welcome).
+
+I'm looking for ETFs that are in the 50 or less USD (since currently I studying and from Mexico, that's what I can afford monthly in  average).
+
+I looked into the SPLG and SPYG, but I wanna hear recommendations for ETFs that are in that range of prices. Thanks for the comments and suggestions.
+I keep hearing "value is going to outperform".  Ok it may be this year, but value etfs are flat since May 2021, not that that's necessarily bad.
+
+What is your take on a value etf vs. Just VTI over long term?
+
+I looked back with portfolio visualizer and VTI still outperformed VTV and even small and mid value I believe.
+
+So should I just stick with VTI over a value etf?
+I’m thinking of adding a these two small cap ETFs to my existing  60% VTI, 20% VXUS portfolio. Small cap stocks seem to have more growth over time and better returns. 
+
+Thoughts?
+Hi,
+
+I am a beginner and I have just getting started with my investment plan which consists of mostly ETFs and two individual stocks:
+
+ETF - IJR, IJH, SCHD, VTI, QQQ, VOO
+
+Individual stocks - AZN and AMGN
+
+I am doing this mostly for long term savings and thinking for the long term to put some of my salary money every month into QQQ, SCHD and VOO only.
+
+I was wondering what are more experienced investors thought on this?
+
+PS: Sorry for the possible wrong flair selection. Not sure which one it should be.
+So I don't do investing as a profession. I have never had any proper education related to investment. So it's a DIY project for me. 
+I know this is a stupid question but you guys seem like an intelligent community so hopefully you can answer it. 
+Why make my portfolio so diverse. Why shouldn't I just throw some money in VOO, IVV, VTI, SPYD, Td e series (I forgot the exact symbol for it), and BRKB. They have extremely growth, give good dividends, and have been around for a bit (stability). 
+
+On the matter of stability these that I mentioned have been through alot and still came out the other end doing well. 
+
+Why not just invest my money there rather then unnecessary complications.
+Hey, Ive selected two etfs, one consisting mostly of industrial nations and on consisting mostly of asian countries for investing, however since my broker doesnt put any fees on monthly investments, I thought that maybe I should spread even wider and also do a monthly investment in an etf for latin america and one for africa?
+
+Is there anything I should keep an eye on or is my thought flawed?
+Hi all, what do you think about establishing long-term position in an ETF? As UWT (3x).  considering the situation between the producing countries will be finish and in a few weeks the industry and commercial flights will be normal.
+
+[View Poll](https://www.reddit.com/poll/fr2z1x)
+I am in a taxable account. I have held MSFT, AAPL, V and PYPL for a few years. I am thinking about selling all positions in those stocks for VTI, VXUS, VGT and IHI. I already have some positions with those etfs, looking to liquidate these stocks for more ETFs while everything is at all time highs. Terrible idea? Maybe wait until after earnings or just do it and be done with it? Or bad idea since these stocks are traditionally big winners? I asked this question on r/Bogleheads also. If I were to do this, I would hold only etfs in my trading portfolio.
+
+​
+
+Thank you!
+Hi, I want to start investing for
+My son in custodial account. Thinking of investing in the following-ideas is to cover all three indexes
+DIA - 30%
+VOO- 30%
+QQQ- 30%
+IXUS - 10%
+Any suggestions and recommendations, appreciated
+I have some cash that I want to put aside for the future and I want to put it in some ETFs.
+
+The problem is that I'm completely ignorant in this topic and I don't want to invest my money randomly.
+
+Does anyone know where (books, courses, etc...) I can lear more about ETFs and how to evaluate them?
+
+I'd love to be able to do my investment decisions by myself.
+
+Thank you!
+# ENTRIES ARE CLOSED! SORT BY NEW AND VOTE!!
+
+​
+
+https://preview.redd.it/i8hak5vzy3y61.jpg?width=1300&format=pjpg&auto=webp&s=0c93799a85a5d4ccbba1ce1591df424b3ead5095
+
+# LIMITED EDITION GAMESTOP BANANYA CAT GIVEAWAY FOR OUR INTERNATIONAL APES!! 🚀🚀🚀🚀🚀🚀
+
+​
+
+I've seen y'all posting about the GME bananya cat and talking about how AMAZING it is (because it is.. it's so SQUEEZY!!!!) but the comments from international apes got me big sad :'(
+
+​
+
+# 📢So WE ARE DOING A GIVEAWAY IN THE SUPERSTONK DAILY THIS WEEK!! 📢
+
+3 international apes will be shipped their very own Gamestop Limited Edition Bananya Cat, complete with a red headband just like mine... to celebrate HODLing and the adventure that has been the GME saga. EVERYONE AROUND THE WORLD DESERVES THE SQUEEZE!!
+
+[SQUEEZY CAT](https://preview.redd.it/b5343foo04y61.png?width=640&format=png&auto=webp&s=39e92ebd095d0ada1473c04c46a267d0092396b4)
+
+# I'm also going to use this giveaway to bring some Gamestop corporate attention to twitter, to show how big the demand is for international sales!! [Announcements will be made on twitter](https://twitter.com/PinkCatsOnAcid) as well as in the Superstonk Daily, so stay tuned!!
+
+​
+
+So while everyone is excited about the Giveaway...
+
+# [LET'S GET THOSE VOTED FLAIRS CRANKED OUT!](https://www.reddit.com/r/Superstonk/comments/n8fq2h/your_daily_reminder_to_vote_this_is_how_we_defeat/?utm_source=share&utm_medium=web2x&context=3)
+
+I realize so many of you haven't gotten your voter flairs yet, and as you've seen, mods have been working all weekend to try to get caught up, but Y'ALL ARE TOO AWESOME!!
+
+# SO WE HAVE AUTOMOD DOING THE WORK NOW! JUST COMMENT !apevote! TO RECEIVE YOUR CUSTOM 🦍VOTED✅ FLAIR!
+
+We appreciate your patience💖💖 and HUGE SHOUTOUT TO u/redchessqueen99 for coding this beast!!
+
+# LET'S GOOOOO 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+Let me first say that I'm not writing this to start a political discussion- I'm just genuinely intellectually curious. 
+
+So far the fed has been able to buy bonds endlessly, keeping liquidity up but without creating significant inflation. How?
+
+I found an article online that said the fed started paying interest on the reserves banks hold at the fed, which is causing the banks to leave the money from bond sales at the fed, where it basically sits off the sidelines and can't contribute to inflation. I don't think I quite understood the article though. Is this how it works and if not, could someone give an explanation I might understand?
+So the price of an appliance has gone up 33% or more.  The price of home repairs are ridiculous.  The price of everything is ridiculous.
+
+We are not being paid anymore here in the US.  In fact a lot of businesses are doing everything in their power to keep salaries and hourly workers artificially held down.  
+
+What is the end result of this odd time period?  Consumers taking on more debt to afford things?
+First off, I make no claims to know anything about economics beyond a basic understanding of a supply and demand curve that I somehow retained from my freshman year economics class. But, I want to understand more. I got started down this path by trying to figure out what Quantitative Easing actually is. It’s always in the news and has an effect on financial markets whenever Mr. Bernanke talks about it. I decided I wanted to know more about it.
+
+
+So, please correct me if I am wrong, but my current understanding is that QE is the process of the Federal Reserve taking money that it prints (don’t think they actually print physical dollars) and buying US Government bonds and other assets. However, the Federal Reserve does not buy these bonds and assets directly from the Government but from commercial banks. Now this is where I kind of hit a wall. Where and how are the banks getting these bonds and assets to sell? What are these "other assets"? Who determines what the purchase price is? Does the Federal Reserve receive the interest on the bonds it purchases and, if so, what does it do with that money?
+
+
+Finally my understanding is that the goal of all of this is to decrease yields and to increase the money supply. But what is the point of doing this? I know the end goal of QE is to increase employment but I don’t understand how buying bonds and assets is supposed to lead to that. 
+
+Finally, I read a lot of articles of people claiming that QE is going to lead to crazy inflation because something called the monetary base is increasing exponentially. They point to [this graph](http://research.stlouisfed.org/fred2/series/BASE). So why hasn’t that happened if there is so much money now in circulation compared to a few years ago? Isn’t inflation really low right now compared to historical averages? 
+
+
+If anyone has a good explanation I would really appreciate it but if you know of any good books or articles that explain the whole process pretty well please pass them along to me. Thanks all!
+
+6 years ago owning .5 Bitcoin was around $100. Today that would be 24k. 
+
+Don’t think about owning 1 whole bitcoin, it’s about accumulating in these early stages, and yes bitcoin is still early. 
+
+Imagine 6 from now how much a fraction of a bitcoin will be worth. 
+
+Very few people will own 1 whole bitcoin in the future, but you will be ahead of the pack if you start accumulating now while it’s under six figures. 6 years from now when it’s in the millions people will wish they put in what they can at 45-50k. 
+
+we still buy gold all these years later, even though we still have current gold mines running. 
+
+Bitcoin will become more and more scarce as time goes on and eventually owning one fraction of it make you extremely wealthy, simply because of the fact that there will eventually be no more supply and a huge demand.
+
+Remember the last bitcoin that will ever be mined will be in the year 2140. That would be like if we stopped Mining gold in the 1300s, how much would one ounce of gold be right now? A LOT 
+
+If we stoped printing up money back in the early 1900s, how much would $100 be right now? 
+
+Bitcoin is unlike any other currency/commodity. The supply will eventually run out and those who have even a little bit will control the wealth around the world.
+I have an above average salary, but less than six figures. High credit score, a very healthy retirement account, and e-fund, but still have low interest student loans and a mortgage. I love reading the PF sub, but lately I feel like I'm "past" all that. So I come here. But then immediately feel way out of my league. I feel like I'm doing a "lite" version of everything that's recommended here, and although I'll be very comfortable, I definitely won't retire earlier than my mid 50s. Does anyone else float between PF and FI/RE subs like I do? 
+The picks of the previous post in my Truly Undervalued series did pretty good. (x25, x16 & x30). This time I will highlight just one project, but it’s another great one. For the WTC, VET & WABI maximalists: don’t worry as OriginTrail is not a direct competitor (No RFID). I am invested in WTC & VET myself and OriginTrail is more an addition than a competitor. All these projects could even benefit from OriginTrail. Also: the Supply chain market is huge, big enough for multiple solutions to thrive.
+
+So, let me introduce my pick:
+
+ 
+
+***
+
+ 
+
+**OriginTrail (TRAC)**
+
+Current market cap: $35 million
+
+Currently tradeable on: ED, IDEX, GATECOIN
+
+ 
+
+**What**
+
+OriginTrail is a *decentralized protocol* for *data sharing* and *data interoperability* along any *supply chain*. 
+
+It targets three bottlenecks of current supply chain data solutions:
+
+1. Scalability and cost issue of blockchain.
+2. Fragmentation of data.
+3. Issue of sensitive data that underpin a stakeholder’s competitive advantage.
+
+They will implement these solutions to these bottlenecks:
+
+1. Offchain scaling (like Vitalik Buterin recently recommended) via ODN and graph databases.
+2. GS1 Standard = A well-known industry standard for data (other standards for data exchange will be integrated later on).
+3. ZK-Snarks to protect sensitive data.
+
+Hence OriginTrail is all about (offchain) *scaling* and providing *interoperable data sharing* between multiple supply chains on the blockchain.
+
+The TRAC tokens are used for nodes and each action (reading, writing, etc) to the blockchain will cost TRAC tokens. Nodes will get rewarded in TRAC as well. Tokens for the team, advisors and preICO are locked for 2 years, receiving a percentage every three months. The whitepaper is really well written, it was a delight to read after so many baseless buzzword whitepapers and I advise you all to read it.
+
+ 
+
+**What’s there to like**
+
+1. The Origintrail protocol is blockchain agnostic: It means that they are able to utilize different blockchains for fingerprinting the data, which provides flexibility and ensures longevity. This includes Ethereum, Hyperledger, IOTA, NEO and in theory this could also include WTC & VET (making the data of said projects interoperable).
+2. Offchain scaling, to minimize the cost and improve efficiency. 
+3. The GS1 Standard makes it actually look super well positioned for real-life adoption.
+4. Admission into Walmart’s Innovation Pipeline.
+5. Masternodes to be announced.
+6. Active since 2013, working product and pilots in EU & Asia. Hong Kong office to come.
+7. Huge partnerships & programs, read more below.
+8. A lot more, but I didn’t want to make this list too long (high-quality community on Telegram, great support team, the upcoming Trace Alliance, the Singapore office, Chinese were excluded from ICO etc, etc).
+
+ 
+
+**Partnerships, Programs & Alliances**
+
+I’ve found the partnerships, programs and alliances to be truly remarkable. 
+
+* Walmart
+
+ OriginTrail was awarded with Walmart’s Food Safety Innovation Spark Award for one of its pilots. This pilot used the OriginTrail protocol to provide the source of the food to consumers. Not only did OriginTrail won this award, they also were added to Walmart’s Innovation Program.
+
+* Yimishiji 
+
+ You might not know Yimishiji, but it’s one of China’s largest online food stores. It already uses the OriginTrail protocol to enhance traceability in their supply chain.
+
+* Bits x Bits
+
+ OriginTrail is in the Bits x Bits accelerator program. Bits x Bits is a food tech accelerator VC in China. Note the Chinese connection.
+
+* Enterprise Ethereum Alliance (EEA) 
+
+ OriginTrail became a member of the EEA, which connects Fortune 500 enterprises (including Accenture, BP, Microsoft, ING, Intel, JP Morgan and others), startups, academics, and technology vendors with Ethereum subject matter experts. 
+
+* Blockchain for Social impact Coalition by ConsenSys 
+
+ CEO: “Creating impact with transparency is something we look forward also doing within the Blockchain for Social impact Coalition. Some very interesting activities planned for the next months there as well, stay tuned!”
+
+* Trace Alliance 
+
+ Origintrail will set up their own Alliance in the future. According to the CMO in the Telegram chat it’s: “an association of companies (food, logistics, fintech/insurtech) who will spearhead the implementation of the protocol into their business processes. Our founders have been all over the world in recent months, presenting OriginTrail on major corporate events (one example [here](https://foodindustry.asia/smart-data-as-a-driver-of-growth-and-innovation-in-the-food-and-fmcg-industry)), which gained a lot of attraction in the industry. As a consequence, we are in serious discussions with more companies interested to use the protocol. This kind of “marketing” actually presents a bigger investment than marketing for the token sale.”
+
+There are actually more partnerships, but these have less wowfactor than the above. Noteworthy is that they have already presented OriginTrail to the European Commission and won the Open Data Incubator for Europe award.
+
+ 
+
+**Team**
+
+The team looks like a healthy mix of experts and a few graduated people working in community management. The team seems experienced and professional. Hands-on experience and working since 2013. I like the fact that the founders have travelled the world already to bring in connections and showcase the protocol to industry leaders. If they’re able to bring in Walmart’s award and create this good of a product (seriously, read the white paper), they have proven themselves worthy in my book.
+
+ 
+
+***
+
+ 
+
+**Conclusion**
+
+OT is basically a blockchain agnostic protocol that helps the data of supply chains to be interoperable, scalable and cheap to host on the/any blockchain. It’s using Industry standards for data and has some big partnerships and connections in Asia. They have a working pilot product on top of the protocol already (24.000+ live batches of products you can verify with OriginTrail solutions). This is a no-brainer for me. I expect this to fly if more people get to know more about this.
+
+ 
+
+Note: OT’s current pilots all run in the food industry, but the team has made very clear this is a protocol that will be used in all the supply chain sectors. Token holders can even vote what applications will be built next on its protocol. 
+
+Full disclaimer: I am invested in OriginTrail.
+[Source - Bloomberg](https://www.bloomberg.com/news/articles/2022-11-17/jpmorgan-managers-are-betting-on-left-for-dead-60-40-strategy)
+
+* JP Morgan Asset Managers are forecasting an average annualized 7.2% return on the 60/40 portfolio over the next 10-15 years
+* This is compared to a previous forecast earlier this year of 4.3%. The 60/40 has been challenged this year by cratering stocks and high bond prices at the start of the year, crushing yields. 
+
+​
+
+>Now things are starting to look brighter. The latest CPI data raised hopes that inflation may have peaked and the Fed can afford to tighten policy at a slower pace. That likely bodes well for both equities and bonds.    
+>  
+>While JPMAM’s forecast is for average annualized inflation to be above the Fed’s target at 2.6% over the next 10 to 15 years, that’s much more benign that the 7.7% in the latest reading. Higher bond yields also provides a better buffer for a portfolio, with 10-year yields hovering near 4% from 1.51% at the end of last year.  
+>  
+>“With higher yields, bonds are once again a plausible source of income and a potential safe haven,” Bilton said. “At lower valuations, equities are more attractive. The combination of higher yields and lower equity multiples means that markets today offer the best potential long-term returns in more than a decade.”
+
+​
+
+Makes a lot of sense, especially given the long term timeframe. Speaking of asset allocation, has anyone tried a risk parity strategy for their portfolio this year?
+I am a 41 -year-old quadriplegic and I received some money for damages.  I started the portfolio with Merrill Lynch in October of 2005 and since then it has appreciated approximately 5.21% a year since then.  The rate of return of the S&P 500 since October 2005 is 8.46%.  I have a balance of 65% stock and 35% bonds which is invested in a mix of mutual funds, bonds funds, and ETF's.  I'm wondering if I'm just better off putting it all into the S&P 500.  I'm nervous to manage my money so I was thinking about index funds, but I just don't know if it's worth paying Merrill Lynch 1%.  I plan to withdrawal approximately $10,000 the year for the foreseeable future.  Should I continue with Merrill Lynch?  Many thanks in advance.
+​
+
+[https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=5s](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=5s)
+
+What do you guys think about this??
+
+Timestamps:
+
+[00:00](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=0s) Why haven't you heard of Aladdin?
+
+[00:48](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=48s) Is this important to you?
+
+[01:09](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=69s) The most fascinating story on Wall Street
+
+[02:43](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=163s) How does Aladdin work?
+
+[03:50](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=230s) How Aladdin became unstoppable
+
+[04:33](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=273s) 2008 Global Financial Crisis
+
+[06:17](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=377s) What do YOU think?
+
+[07:36](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=456s) 2020 Crisis & the $6 Trillion Supercomputer
+
+[08:36](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=516s) Larry Fink & China?
+
+[10:04](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=604s) What's next?
+
+[10:40](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=640s) What can we do? It's up to us
+
+[12:12](https://www.youtube.com/watch?v=1AiJNvKB6Ws&t=732s) It's what you know that just ain't so
+My method is not for everyone, but I’ve stuck with my strategy—a mix of a few I picked up by reading a lot on the weekends—and it’s paying off.
+
+My three biggest rules are:
+
+1.  Set Goals - This will drive consistency and will push yourself to make enough time to check the market everyday and make plays that fit within your strategy.  Whether you have a dollar figure in mind, want to buy a house, or just want to increase your retirement savings, having a goal creates a framework for your trading.
+
+2. Never YOLO - Pick a percentage of your portfolio that you’re willing to use per trade, but never go all in.  Though the higher risk may yield some amazing returns, these stocks are not investments, like Apple or Tesla, and will usually go back to zero.
+
+3. Pay attention - If a stock starts to go down after your purchase, don’t freak out. But keep your eye on the market, and set a limit of what you’re willing to lose before selling it off.  I made many silly mistakes in my first couple weeks and will make many more, in the future, but I cut bait on bad plays early and that allowed my good plays to bring my portfolio higher, instead of the bad plays dragging my account back to nothing.
+
+These aren’t my only rules, but these are the ones that keep my account growing and allow me not be overly concerned with screwing up, which we all will do.
+1. So initially, I had all the money in mutual funds and made about 12% from July 2019 to March 2020. The investment was about  £50000
+2. Then with the initial Covid shock, I panicked and took out all the money and maintained cash position till April 2020
+3. About August 2020, I started investing in Call options in mostly growth stocks and the portfolio zoomed to 150%  by   Feb 2021. I remember the date 12th Feb when I had the highest gains. 
+4. Then the portfolio crashed and my profits came down to 70%. I started averaging down in Zillow, Baba and JD thinking they will eventually go up.
+5. It kept on falling, by June 2021, my profits were 0-5%. Then I sold all my Call options in growth stocks and bought call options in PayPal, Docusign and FB. 
+6. Baba, JD and Zillow which made up my 70% of the portfolio became worthless day by day
+7. The portfolio kept on dropping and now I am down by almost 70% of my initial invested amount. My portfolio shows about £20000
+8. It hurts to see the loss of hard-earned money. I got carried away with my genius gains of 150% in 2020.
+9. Now, my aim is to recover at least my initial investment but I don't want to deal in Options. But, I can't see how can I make gains in a reasonable time without dabbling in Options.
+10. I feel particularly unlucky because what I thought good stocks became worthless e.g. BABA, JD, Zillow, FB, PAYPAL, DOCU
+NAME: TRUSTSWAP (SWAP)    
+Website: [https://trustswap.org/](https://trustswap.org/)    
+Official SWAP token contract address:   0xcc4304a31d09258b0029ea7fe63d032f52e44efe  [https://etherscan.io/address/0xcc4304a31d09258b0029ea7fe63d032f52e44efe](https://etherscan.io/address/0xcc4304a31d09258b0029ea7fe63d032f52e44efe)    
+Telegram: [https://t.me/TrustSwap](https://t.me/TrustSwap)    
+Discord: [https://discord.gg/rAJPgrq](https://discord.gg/rAJPgrq)    
+
+
+This project is being led by Jeff Kerkeidis, the owner of Uptrennd (1UP). I think it has serious utility moving forward, as they have fairly robust future plans for the project. Have a look through the website, as I really feel this project/token has a value proposition and future utility.   
+
+
+Some of the details are as follows:    
+\* Initial Liquidity Offering - 60% of tokens will launch on Uniswap    
+\* Marketcap - The starting marketcap value on Uniswap will be $500,000    
+\* 100,000,000 SWAP tokens will start as the initial supply    
+\* Staking Rewards - Every transaction paid in SWAP rewards stakers and liquidity providers with 80% of the transaction fee. 10% is burned, and 10% goes to the foundation    
+\* Deflationary - After SWAP tokens are used for payment they are burned. This decreases the total supply and SWAP's value due to scarcity increases    
+\* Reduced fees - TrustSwap fees are reduced by 50% when using SWAP tokens    
+\* Escrow/Custody services    
+\* Time locked smart contracts that can be used to facilitate OTC purchases for upcoming newly listed projects. This essentially helps to dump proof initial launches.    
+\* Smart Contract payment services. Can be used to facilitate payroll functions for companies who pay employees in crypto.    
+\* Future builds to facilitate Cross-Chain function of all TrustSwaps' utility.
+**Fully automated 12% BNB redistribution token on BSC. 🤯 we have now reached over 3150+ BNB paid in dividends to holders! all in JUST 36 hours.**
+
+🔑 Achievements so far:
+
+* A whooping 3193 BNB paid to our holders automatically (3525 holders currently)       Every 30 minutes, you get paid in BNB 🔄
+* Successful Pre-sale with
+* [Coingecko Listed](https://www.coingecko.com/en/coins/astrokitty)
+* A large international community include a Chinese BTOK group boosting over 800 members
+* 3 Million! Marketcap, 3500+ Holders and 4500+ Tg Members
+* [V1 dapp Dashboard](https://testing2.astrokitties.app/)
+* Poocoin adverts running!
+
+🔜 Coming up!
+
+* 📣 Voice Chat AMA TODAY  on TG at 6 pm UTC!We are in talks with SSB for Text-based AMA too on TG.
+* V2 dApp
+
+\*CMC listing
+
+\*Auto reinvest in dApp
+
+* ​
+
+📄 CONTRACT ADDRESS: 0x41536dab3bf116d6383b93167d8f36949f2e5278
+
+💻 LINKS
+
+[🥞Buy](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x41536dab3bf116d6383b93167d8f36949f2e5278)
+
+[Website](https://astrokitties.io/)
+
+[White Paper and Tokenomics](https://www.notion.so/Astrokitties-Whitepaper-5d6e3aa5bb0a4ea49c58dbc9e0b83bae)
+
+👥 COMMUNITY & SOCIALS
+
+[Telegram](https://t.me/astrokitties)
+
+[Twitter](https://twitter.com/astrokittiesio)
+Just got the pre approval for borrowing 900k from the bank. I'm looking to buy an investment property in Melbourne. My income is only 110k base, but given the current low interest rate, a large amount of repayment will be offset by the rent generated from this mortgage. The reason I'm borrowing this much and with help from my parents is because I want to buy a house in a good area that will hopefully appreciate a lot more in the foreseeable future. Am I borrowing too much as a FHB?
+
+Update: Thanks everyone for the comments. I read through every single one of them, even the very negative ones. I appreciated everyone's inputs. After spending some more time thinking about this I've finally made up my mind and will be looking at borrowing 650k. I'll be looking for a cheaper property in less desirable suburbs with listing price of around 1.2m. In the end I gave up my initial idea because like many said it's too risky. My current income is too low for a home around 1.7m even with my parents help. If i turn out to be right and housing market does keep its momentum in the next ten years. I'll have no one else to blame except myself due to my low income.
+Hi, so the indoor climbing gym I currently attend ($30/week) is offering a "lifetime membership" for $6900. Stipulates that the membership entitles it's purchaser to lifetime membership at all of their gyms (Urban Climb) for as long as they are operational. Quick maths is it'll "pay itself off" in 4.4years. 
+
+Just looking for advice/discussion as to whether this is a silly idea, or a smart one. $6900 is worth more now than in 4 years etc etc
+Original Thread: https://www.reddit.com/r/financialindependence/comments/4bbclw/my_quest_to_fi_and_how_i_achieved_fire_by_the/
+
+So before I start, I just wanted to say thank you to all you guys for taking the time to read it, and I had no idea it would blow up to that much! So thank you guys! I got a lot of questions so I thought I was address the most frequent ones:
+
+1. I live in "X" area, how can I replicate what you did.
+
+1a. This is the question I got the most frequently, and my response was the same to all of them. It just depends on your particular area. Simply put, it's basic math. Find an area where you live where the rent to price ratio is the highest. If you can buy a $100k home and rent it for $1,500 vs buying a $50k and renting it for $1,000, clearly the $50k home is your better value, if all other variables are the same. Every area is different, so YMMV.
+
+
+2. I live in "X" area, are you looking to expand out here/interested in a business partner?
+
+2a. Super flattered that so many of you guys are interested in working with me, but I am not looking to over extend myself. I'm extremely comfortable with where I am and I don't see any need to expand as it could put a financial burden on me, and it defintely would put a mental burden for sure.
+
+
+3. How many hours do you work/Do you still work 40 hours a week?
+
+3a. I absolutely do not work 40 hours a week. Our team is top notch and they know their roles and are hard working. I've been away for multiple weeks on end and have come back and faced ZERO problems. That being said, I do get bored if I don't do anything, so I usually go in for 2-3 hours a week just to manage the books. I also spend an hour or two a week looking at potential listings and tour houses. All together, I'd say approx. 5-6 hours on a slow week, but if I tour multiple houses, it could push my hour count up to 10/week. I do have a rule where I don't work at all on Thursdays and Mondays since those 2 days are the ones my girlfriend isn't in the hospital...
+
+
+4. Why are your switching over to CRE?
+
+4a. CRE here in Omaha is again, like everything else, absolutely dirt cheap depending on where you buy... I had the opportunity to purchase some land about 3 years ago, out West for about $250,000 for 6 acres of land. At the time, it was in the middle of nowhere and was essentially rented out to a nearby farmer for income to covers taxes. My buddy picked it up and as the city expanded out West, it's worth about 3x as much now and rapidly growing. I personally think land out West will be worth 10-15x as much in about 5-10 years, so I was serious when I posted about liquidating the portfolio. 
+
+5. Are you willing to sell the homes in your portfolio to me?
+
+5a. I've gotten multiple people that want to invest/purchase individual homes, since real estate is expensive where they are. I got an offer from a fellow redditor for half the properties and I'll be meeting with him sometime next week since we wants to take over and keep everything intact as-is. Maybe he'll post on here if he's willing to say who he is.
+
+5. Is it possible to make money using real estate but not renting them?
+
+5a. Absolutely. One of the easiest ways to make money in real estate is to flip homes and that is what we did anytime we were strapped for cash. But on a larger scale, that's what I helped my parents with a couple years ago. My parents back in 2013, purchased a home that was a short sale for $325,000, when it was worth about $375,000 given the market situation. They put in only $10,000 in renos such as fixing the sprinkler system, painting, and minor updating to the landscaping and it was just valued by multiple realtors at north of $450,000 thanks to appreciation in the housing market and renos. There are plenty of homes throughout the US that are short sales or near-REOs that you can purchase for 20-30% under market value if you act fast and live in said homes while you take your time to repair them. 
+
+6. Did you ever get a Ford Raptor?
+
+6a. I'm happy to say, that I did buy a Raptor, but not just any old Raptor. I just purchased a Raptor down in Texas that is heading to Hennessey Performance for some upgrades and then it's being shipped to Nevada where I'll meet it and take it out to the Salt Flats and the desert for some fun.
+
+
+I tried to answer as many questions as I could last time, and I do apologize if I didn't get a chance to see your question or if I missed it.
+ AFRM was planning to release earnings at 4:00 PM On Feb 10, 2022 – after market close. They accidentally sent out a tweet summarizing their earnings, 2 hours early.
+
+This was picked up on Twitter and the markets started to freak out. I’ve outlined what happened in the following timeline – note all times are in EST
+
+## 1:47 PM – AFRM “accidentally” tweets out earnings results and then deletes the tweet.
+
+There were a few accounts on twitter that caught this mistake and started to share it – one of the larger accounts being Stock Market News – [here is a link to the tweet](https://twitter.com/ArkkDaily/status/1491846317336846338). Leading up to this time it was relatively quiet across social media as people were waiting for the earnings after market close. At this point in time AFRM was trading at about $80 per share and started to become more volatile based on the tweet starting to be shared across Twitter.
+
+*“$AFRM when you write the perfect scheduled tweet and accidentally just send it 💀”*
+
+To give you a bit of perspective of how significant this mistake was, here is a breakdown of how quickly it started to circulate across twitter for the next 30 minutes
+
+Number of tweets increased 580%, number of likes increased 211% and number of impressions (how many people see a tweet mentioning AFRM) increase a whopping 842%. 32 million people saw a tweet related to AFRM in this short span of time. This will all picked up on the [Utradea Social Sentiment Dashboard](https://utradea.com/social-dashboard)  
+
+
+For the next little while there seems to be a mix of Calls and Puts being purchased, and the flow looked a bit more active. The price moves between $82 and $77 per share. The market was still trying to make sense of the accidental tweet
+
+## 2:45 PM – AFRM Share Price Starts to drop of the cliff
+
+Around this time AFRM is trading $82 per share, and then a few minutes later we see it nosedive to $51 per share in a mater of minutes. Trading was halted for a few minutes over this time period, but the stock continued to fall. Once trading resumed, we started to see the price bounce back up as high as $65 a share.
+
+At this point the damage was done. The tweet wiped out close to 25% of the share price and approximately $5 Billon in market cap.
+
+## 3:20 PM – AFRM tweets out actual earnings release
+
+Here is a quote of their tweet “Due to human error, a small portion of Affirm’s fiscal Q2 results were inadvertently tweeted from Affirm’s official Twitter account earlier today.”
+
+Below I’ve highlighted a few bullets from their official earnings release.
+
+Second Quarter of Fiscal Year 2022 Operating Highlights:
+
+* *Gross merchandise volume ("GMV") for the second quarter of fiscal 2022 was $4.5 billion, an increase of 115%. Excluding the impact from the completion of the initial rollout of Affirm's interest-bearing solution with Amazon in November, GMV doubled.*
+* *Active merchants increased from 8,000 to 168,000, driven primarily by the adoption of Shop Pay Installments by merchants on Shopify's platform.*
+* *Active consumers grew 150% to 11.2 million and increased by 2.5 million, or 29%, compared to the period ended September 30, 2021.*
+* *Transactions per active consumer increased 15% to 2.5 as of December 31, 2021.*
+
+Looking at these results you’d be happy as an AFRM investor – they performed extremely well in the last quarter.  
+
+
+Unfortunately, the damage is done – at market close the shares were trading at $60. Here are some of the tweets in response to AFRM earnings blunder
+
+*“I expect to be fully compensated. I’ve contacted your IR team. This is not acceptable”*
+
+*“Wtf. Lost over 50k because of this mistake. Entire plan was to expect earnings after hours not during”*
+
+*“This “human error” cost me a ton of money.  Good earnings overall but this screw up cost me big.  Stock dropped and was manipulated down.  Options flow was super bullish on this.”*
+
+### Closing Thoughts on AFRM Earnings Blunder
+
+First, the power of social media in the stock market, especially Twitter. Whether it as an accident or not, Affirm dropping this news on Twitter will get picked up almost instantly. Even if it is deleted. Twitter is truly one of the best sources for real-time stock market information. AFRM would be more than aware of this. As an investor, you should have an active pulse on what is trending on Twitter.
+
+Secondly, I think we will see an investigation into what happened with the early tweet. It could have been an honest mistake, but you can look at put options that were purchased ahead of time an see who stood to gain from a significant drop in price. I will be watching this closely over the next little while.
+Hi all,
+
+I trade exclusively in iron condors because I like that they're
+
+1) defined risk and
+
+2) delta neutral.
+
+For each IC I trade I ensure that the max loss of the trade is max 5% of my net liq and I never allocate more than 50% of my net liq.
+
+Although I'm diversified across underlyings, if a market crash were to occur, I imagine most if not all of my ICs would blow past the short put spread leg of each IC and I'd be left with half of what I started with.
+
+Given this, what are some good long-term strategies to hedge a market crash?  Do you add far OTM debit put spreads in the same underlying?  Do you long volatility via VXX or long an inverse index like SH for SPY?  What's the prevailing wisdom here?
+
+Bonus thought/question, I'm also wondering if I should start diversifying my strategies to not only be ICs.  What would you recommend for non-IC strategies that are defined risk and delta neutral?
+
+Thanks.
+Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.
+
+Please  use this thread to have discussions which you don't feel warrant a new  post to the sub. While the Rules for posting questions on the basics of  personal finance/investing topics are relaxed a little bit here, the  rules against memes/spam/self-promotion/excessive rudeness/politics  still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments  by "new" (instead of "best" or "top") to see the newest posts.
+In a few different topics here I've seen people mention having no more than 10% tied into any one asset.  
+
+Wondering how this rule applies to business owners.  I know way more than 10% of my NW is tied up in the company I started. 
+
+I've tried to make that less of a thing with different real estate LLCs owning our business locations.   
+
+Short of selling, are there any other strategies to lower the business' percentage of your NW?
+I know saving is hard. It seems like the Monday after payday all our hard earned checks are gone. If you happen to work for a company with 401(k) and they match a percentage please take advantage. Even if it's only 3%. The earlier we start the better and the next best time to start after yesterday is today. Some people may believe that a Roth IRA is a better option however this is just an easy way to get paid to save if it's available to you without much research/time/energy on your part
+Greetings retards!
+
+I'm going to make this short because nobody's really interested in hearing the long winded circle jerk explanation about how bureaucratic government borrowing works. We've got milkshakes to put in the yard and your wife's boyfriend ain't gonna fuck himself.
+
+I'm not a financial adviser and I only half-understand my own post.
+
+​
+
+https://preview.redd.it/ae9i9oijg2l61.png?width=628&format=png&auto=webp&s=b9273bcd806d3d3a3d8894332b8b76bc30ea55d0
+
+So, the stock market is at all-time high and interest rates are at an all-time low. Meanwhile, there's half a pandemic going on in the country because at least 14 states are planning to reopen. At the same time Congress wants to borrow a bloated $1.9 Trillion budget to splurge on hookers and blow.
+
+Happy times are here again...
+
+Unfortunately, the fundamentals of companies are starting to solidify and they don't need the easy money with the economy reopening. The economy has a government spending hangover and wants interest prices to increase before hyperinflation appears.
+
+However, Government promised a whole lotta freebies during the election and now people have turned up with pockets turned out waiting for their share.
+
+The Fed decides it's not going to raise interest rates but fundamentals don't give a damn. Buyers don't want to buy worthless bonds and the government "prints" money by issuing bonds.
+
+A classic catch-22...
+
+Congress can't borrow $1.9 Trillion unless the Treasury issues more bonds. Investors won't buy the bonds unless the interest rate increases. If interest rates increase it becomes more expensive for everybody to borrow.
+
+Basically...
+
+​
+
+https://i.redd.it/0n9cfhbeg2l61.gif
+
+The yield bonds are increasing on their own because of all the inflation stuffed into the market over the past year. All the hedge funds who shorted GME and AMC are now in trouble. All their borrowed shares just got more expensive to hold and there's nothing they can do about it.
+
+My hunch is today's sell off is a desperate money grab to try to keep the GME price down to keep their interest down. (At the time of writing this GME is rising)
+
+Before they were slowly bleeding out money. Now they've nicked an artery it's gushing out.
+
+TL;DR Raising bond yields means hedge funds have to pay more in interest to borrow stocks and they're doing a fire sale to cover their bets.
+
+edit: I can't spell.
+
+edit 2: The treasury issues bonds, not the fed. I was confused because Janet Yellen is everywhere. First at the fed, then in Citadel's pocket, now at the treasury. My bad.
+
+edit 3: Thanks for all the awards. I spent all my internet tokens on milkshakes, hookers, and blow so the government wouldn't have to subsidize them.
+Please  use this thread to have discussions which you don't feel warrant a new  post to the sub. While the Rules for posting questions on the basics of  personal finance/investing topics are relaxed a little bit here, the  rules against memes/spam/self-promotion/excessive rudeness/politics  still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments  by "new" (instead of "best" or "top") to see the newest posts.
+But it was actually a positive experience!  I'm a Canadian snowbird moving to Vegas for the next six months, and since I won't be working I was asked how I will be supporting myself.  I explained that I had a lot of savings in Bitcoin.
+
+He led the conversation to the darknet and I quickly realized he was both highly intelligent and very knowledgeable.  After he was convinced I wasn't a drug dealer, his demeanor visibly changed and he started asking about Bitcoin out of sheer curiousity!  We ended up talking for about 10 minutes (holding up the line haha).
+
+The awareness is growing... :)
+**September quarter record for Revenue and EPS**
+
+**Active installed base of devices reaches all-time high for all major product categories**
+
+CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September quarter record revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year. Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year.
+
+“This quarter’s results reflect Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it,” said Tim Cook, Apple’s CEO. “As we head into the holiday season with our most powerful lineup ever, we are leading with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility, and to creating products and services that can unlock humanity’s full creative potential.”
+
+“Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop,” said Luca Maestri, Apple’s CFO. “We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to our shareholders during the quarter. The strength of our ecosystem, unmatched customer loyalty, and record sales spurred our active installed base of devices to a new all-time high. This quarter capped another record-breaking year for Apple (AAPL.NaE), with revenue growing over $28 billion and operating cash flow up $18 billion versus last year.”
+
+Apple’s board of directors has declared a cash dividend of $0.23 per share of the Company’s common stock. The dividend is payable on November 10, 2022 to shareholders of record as of the close of business on November 7, 2022.
+
+Apple (AAPL.NaE) will provide live streaming of its Q4 2022 financial results conference call beginning at 2:00 p.m. PT on October 27, 2022 at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.
+
+Source: Apple Inc. (AAPL.NaE)
+Feel free to list anything here. RSUs, dividends, bitcoins, real estate rentals, AirBnB, apps you developed yourself, your own startups, etc.
+
+Also, is it completely passive, or do you have to spend some time?
+
+I’ll start:
+
+* FAANG RSUs.
+
+* AAPL and MSFT dividends.
+
+* various REIT dividends.
+
+* 5 unit rentals.
+
+The RE are mostly passive, paid 10% management fees for all of them.
+
+I mainly looking for inspirations on what else to do.
+Single 42, never married, no kids, 100% owner of land real estate business LLC. Own vacant land and notes. I acquire land and sit on it or do value ad and sell. Do lots of seller financing so I have a growing portfolio of notes.  The assets in my company are into the 7 figures w no debt.  My office is in GDL Mexico, and have 6 "employees" here (contracted employees).  I live here full time but pay taxes in California.  I am at a point where my 2nd in command can run the business if something happened to me.  I am to the point where I will take him off of salary and we will start talking about profit sharing. With that being said, I am looking at setting up a living trust for everything to transfer to my parents/brother if I die.  Thought I'd post here first to get some advice. I have no specific questions, but I know it can get pretty complex in how everything is structured. just information gathering at this point so I can talk intelligently to an attorney regarding my position. TIA
+I’m thinking about buying a tear down on a nice lot and building my own home because of a combination of not really being able to find exactly what I want (and unexpectedly having a lot more cash than anticipated).
+
+People who have built your own home: what was your process like and would you do it again?
+
+I’m expecting around $500/sq ft and 30 months to completion, with maybe four hours/week of time spent on making choices and making sure the builder/architect/subcontractors are doing the right thing. Do these seem like realistic expectations?
+
+Edit: SF Penninsula
+Hey, throwaway here. 
+
+So I've been very fortunate for my first 6 years out of college and I'm looking at setting myself up for an early, and very comfortable retirement. I could never do the leanFIRE or even regular FIRE route, I'd rather work a few more years and be able to afford a nice home, boat, nice cars, etc. 
+
+I graduated college in 2012 with computer engineering degree. I got a job in nyc making $102,500 right outta school. I've done pretty well there and now in year 6 I'm at $245,000, base + bonus.  I was fortunate to have a family that taught me about investing/managing money, at least enough for me to be curious to research further on my own. This led me to open my roth IRA in 2010 at 20 years old, and I've been maxing it out since. Right now, my total net worth is just shy of $500k. About $200k in 401k, $70k in roth IRA, $140K in taxable accounts, and $60k in cash right now. I'm able to save roughly $4k/month, not including the 401k contribution. I get a $40k bonus in Feb and am able to max my roth ira from that and save the rest. So I save around ~$80k/year not including the 401k, and while the stock market has been great since I've been working, I'm looking to leverage that money and expand my investments. 
+
+I've been spending a lot of time researching investment rental property, and I think I'm going to go that route. I have a friend in Jacksonville, FL who flips homes full time, and has been doing so for 10 years. I'm considering partnering with him and purchasing homes pre-rehab, paying him as a general contractor to do the flip, and then holding and renting. Rough numbers are purchase prices around $50k, $15k in rehab, after rehab value of $100k, renting for $1050-1150/month. My goal would be to build up a portfolio of 20-25 units (starting with single family, but looking at multifamily as well) in 5-7 years and then pay them all off while still working and having the W2 income. At that point I should be getting roughly $20k/month in rental income and would be comfortable to stop working, full time at least. I do enjoy my job, so I'm not in a rush to stop working completely. Also, Id most certainly be moving out of NYC at the time I'm ready to have a family (probably similar 3-5 year timeline), so cost of living should go down as well. 
+
+I'm looking for any advice, thoughts, lessons learned, etc. The idea of working when I want and having the life I've always wanted is something I think about every day! 
+Want to ensure I'm thinking about this the right way and that my paper napkin math is good.
+
+Understand that before calculating inflation’s potential impact on your retirement funds, you need to plan for how much money you’ll need to save for retirement in the first place. General rule of thumb is that you’ll need 80 – 100% of your pre-retirement income for every year you’re retired. 
+
+So in our example, if I believe I currently need $105,000 annually to live on in the year 2022 will I need an estimated $128,000 to annually live on in the year 2042 if I use a conservative anticipated inflation rate of 1% a year?
+I just sold some property that has appreciated considerably and have a small lump sum available. I was well on my way to FIRE.
+
+I have another property that is appreciating nicely as well. 
+
+Here is the bad news. i am a cancer survivor and my latest checkup the tumor markers came back slightly elevated. 
+
+Now this may just be nothing, but could be everything. 
+
+I don't think this is fatal but it could be severely disabling and not allow me to work.
+It has got me thinking about how to protect this money to make sure  I have access to it.
+
+EDIT: now that I re-read it, yeah it sounds like I am advocating getting cancer as a way of protecting assets !
+A doh moment. I cant change the title unfortunately
+Hi everybody,
+
+I paid a local tradesman to construct a shed in my back garden. It's a big shed and in total would have cost about £2000 to build.
+
+The local handyman came around, he seemed very nice and we discussed what I wanted. After he left, I spent a few more days considering it and then told him we wanted to go ahead with it.
+
+He asked for £1100 up front to purchase materials etc. I sent him the money via bank transfer. He promised me to send an invoice that day which he never did.
+
+He's basically disappeared now. He has stopped answering my calls, in fact, this week he has removed his Facebook page, his website and it seems he's deleted his mobile number. 
+
+I have lots of Facebook messages between him and me discussing it even him saying he's got my money, I also have evidence that he's not done anything (no shed in my garden!)
+
+What chances do you think I have to get my money back if I do chargeback?! Or is there anything else I could do?!
+
+Many thanks for any advice and help.
+Hello everyone! Im a junior trader, started on my 18th birthday with my graduation/birthday money, and have a very solid growth (In the green, yay). I'm 20 now, and would like to pump some more money into my portofolio, and see some larger growth. 
+
+I used RH for awhile, I personally had no problems, but the Analytics is garbage, and as a self taught economist going to school for economics, it seems poorly informed on trends and whatnot. Also RH gets weird when you get large amounts of buying power and stocks. 
+
+What brokerage/app should I upgrade to? Im looking for non-comission, easy account access/transfer for emergencies. This probably sounds dumb, but I'm trying to learn more and more.
+
+Any tips would be helpful, thank you!
+I'm using an out of state plan currently. But when i consider opening a new account in-state to take advantage of state tax incentives (IL) I'm torn between whether I should just add more to my established 529 or start a new one. 
+
+I could roll over but it would take multiple years to efficiently move the account from one state to the other due to contribution limitations related to state tax incentives. 
+
+Hope this is clear enough, I appreciate the help!
+I just graduated high school, I'm starting my second year of community college in two weeks (dual enrollment helped me complete credits in HS), and I've applied to many jobs, yet I've not received an offer yet. I have $1,100 in savings from a PT paid internship I worked earlier this summer and graduation money I received a few months ago. Other than that, I don't have much money, living at home with my parents and expected to leave next year. How do I get a job in such a fiercely competitive market?
+Edit: I have a job now delivering Chinese food twice a week, starting in September. Guess I’ll hold off on applying until I work there for a month or more.
+Throwaway account, not sure if this is the right place to post due to larger dollar values vs. what is usually posted on this subreddit... anyway...
+
+My wife and I haven't directed any $ specifically for college savings yet. With 3 kids coming up to college age starting in less than four years, how should I be investing moving forward?
+
+Let's assume I have the following:
+
+* Kids are 15, 12, and 9
+* Wife and I are in our mid 40's, make $150K+ annually, and have a $161K mortgage w/17 yrs remaining.
+* $250K in checking and savings.
+* $900K in retirement plans (401k's, IRA's, etc. - 85% in S&P 500 index funds)
+* $200K in my company's stock (accrued via ESPP)
+* $0 in any other stocks/bonds
+
+What I know I'm going to do for sure:
+
+* Don't touch the retirement funds
+* Keep $100K as an emergency fund
+* Keep $50K as free cash (regular savings)
+
+Changes my gut says I should do:
+
+* Reduce my investment in my company stock down to less than $100K
+* Put the max $140K into the 529 account (lump sum max for 5 years as per 529 tax rules). Initially invest 50-75% S&P 500 index fund, the rest in government bonds, and reduce down the stock exposure as my youngest gets to 18 years old (9 years from now).
+* Invest the remaining from company stock into... cash? more index funds? 
+
+Thoughts? Again, trying to figure out how much we should throw into a 529 (or a new 529 account) or skip it altogether, what funds we should be investing in (and with what ratios), and how much we should divest from my company stock (and when). Also, should I consider anything else?
+
+Apologies if there's a better place to post this, just let me know where...
+I just graduated last year. Got a full-time job and was able to get a nice apartment in the city I live in. However, once the pandemic worsened, I lost my job due to budget cuts and was stuck in my lease. I’ve got two part-time jobs since then to pay and haven’t asked my parents for a penny. However, my dad offered to keep paying my insurance and phone bill. I appreciated it. But it’s starting to become a burden. Every time I do something he doesn’t like he threatens to stop paying. I could afford it, but I would be living paycheck to paycheck. Obviously it wasn’t ideal to get stuck in this lease and I plan on getting something cheaper once my lease is up soon. How can I stop being controlled by them? Every single thing I do wrong they threaten me with money and threaten to completely cut me off, knowing that I can’t afford the things they’re threatening right now. I feel like I’m living at their beck and call. I’ve been applying to full-time jobs like crazy so I can be on my own but it’s been difficult even though I have a degree. I hate how my parents are so controlling over me even though I’m in my mid-20s. They threaten me and punish me like I’m a little kid. I don’t even do anything bad, I don’t drink I hardly ever go out, never done drugs. I spend my money very wisely, but most of it goes to rent right now. I wish I could just stop talking to them completely because they do nothing but threaten me. And then pull me back in by giving me money but it’s just to keep me on the hook. Was just going to see if anyone had any advice on how to break free of this cycle
+Edit: Thanks for the advice guys! I am actively going about following it. My employer does match the 401k and I will be putting in what they match up to. I also will be putting 1/4 of my paychecks into my savings account, and scheduling weekly $10 payments on my student loans. 
+Hi everyone. 
+
+As the title states I was laid off about two months ago. I had a company provided 401k that is fully vested. I received a letter stating my options for this account: 
+
+- keep in plan if over 5K by 6/17. 
+- roll into rollover IRA. 
+- roll into new employer retirement. 
+- take lump some cash. 
+- select installment/annuity. 
+
+Okay so a couple more things to note: 
+
+- I can’t roll over into new employer retirement as I am still unemployed. 
+- I do not need lump sum cash as we can live financially off of my wife’s income. 
+- the letter also says I’ll incur a fee if I keep in plan but does not say how much. 
+
+The only debt I have is school loans—I have utilized my severance and gift of my wife’s profession to pay off all my debt (credit cards and private school loans as she can handle mortgage/car/utilities/etc.) and seeing my credit score move up has got me to be excited about money more than ever.  
+
+At any rate, what is the best option? Is there a way to take lump sum and put else where not listed in their options from the letter? 
+
+Thank you for taking the time to assist me and I’m here to learn!
+Pretty much everything is explained in the title but happy to answer questions. I can’t find anything online which makes this clear for me and I don’t want to be out of pocket for money I didn’t get given.
+As a data point, I'm 28. Between my wife and I, we probably have $130-140k invested today in the market. Reason I say that is because I've admittedly never experienced any sort of recession as a professional. My question is this...  I'm sure we've all heard the "greedy when others are scared, scared when others are greedy" mantra. Is this one of those moments? We are all in different places/ages in life, different investment strategies and investing for various reasons, **but am I crazy for seeing this as maybe my age groups buying opportunity of a life time?** Every day CNBC is absolutely filled with fear, for valid reasons. Most of my friends have went mostly cash out of fear, and I feel like I'm the only one buying an uncomfortable amount of stocks like Apple, Google, MSFT, NVIDIA, TGT and SPY (I have positions in all stated). My cash levels are the lowest they've ever been. I think I'm addicted to buying on red days. My wife I are both in healthcare, so job stability isn't the biggest fear of mine. I know no one can give certain answers, I'm not looking for that. I'm more looking for general advice from others that are older and have experienced similar eras as we are in today. Obviously the world we live in today is much different than 2008, and what we are experiencing is caused by different factors, but I'm sure there are some similarities. Maybe even some "should've, could've, would've" tips? Thoughts?
+https://preview.redd.it/ecvai0q5gll91.jpg?width=1600&format=pjpg&auto=webp&s=9b0b0ffe90c804f33fcbfefa0b7a218f1275ab68
+
+Hi there! I have been investing monthly in VGS and VAS for the last 3 years with a medium-term view of 10 years in total before I buy a family house. 
+
+However, I came across some articles from Michael Blurry and Jeremy Grantham in the last couple of months. Both are saying that there will be a significant drop coming soon.. there are even mentions of 25-50%.
+
+I know that nobody has a crystal ball, and my strategy is very conservative. However, if the market falls by 50% in the next couple of months, I don't have 10 years to wait until it returns to today's price. So, does my strategy still make sense? Should I sell and play a bit more cautious? Sharing graph for reference to show how long other crises took to recover.
+
+Cheers!
+Hey reddit peeps!
+This is a question for those more financially literate than me.
+What does recession mean for house prices?  If they were to go down due to serviceability and interest rates, wouldn’t the market be tighter as people would hold off the sales unless of course they had to sell due to being unable to pay the ongoing mortgage?
+What does that mean for people who hold onto cash? Is that the best way to go into it?
+
+Finally, we were lucky to avoid recession few times here is Aus; are we heading in that direction now?
+Thanks everyone:)
+Several years ago my wife was involved in a car accident and sustained some significant injuries. Several parties were involved in her accident and two of them offered her significant settlements for her injuries. 
+
+She recently asked me "what should I do with this money?", "Should I buy an SUV?"
+
+I cringed when I she said this, I tried to explain to her than this is a life changing amount of money if handled correctly but she responded by telling me I live to far in the future and investing it might result in losses.
+
+Based on my saving habits we're well on our way to FI, but this would greatly increase her ability to be financially independent on her own. Has anyone overcome this challenge with their spouse? I'd love to see her well positioned should something happen to me.
+
+Edit: For added clarity, I want to help my wife understand the future value of this principle and the flexibility that it will bring in the future vs. consuming today. 
+This is just a theory, but I think some DD into the effects of a simple cash dividend is needed.
+
+With tokenized shares as locates for naked shorted shares, ETF baskets, put/call fuckery, - hedgies have created I big pile of shit.. 
+
+How is a simple cash dividend distributed?. 
+I guess if you have 100 shares, and you wanna pay out 1$ per share, you send $100 to computershare a d ask them to pay your shareholders.. easy piecy..
+
+But what happens when you have that before mentioned pile of shit, and some sneaky chairman made a stock dividend where you would be distributed 3 shares for each share you had, ending up with 4 shares.
+
+Which we all know didn’t happen after the books, the DTCC only has 1 entry for every 4 shares, because brokers were asked to just multiply any shares with 4..
+
+So what happens when gamestop declares a cash dividend of what.. $0.50 per share? 
+
+GameStop sends a check to computershare of $150 million.. 
+
+Now what?.. you really think the DTCC who committed international security fraud really have everything in control?.
+
+Or.. will there be brokers that won’t receive dividend, or?.. 
+
+Just a shower thought 💭
+
+Edit: and with positive cash flow, we are very close to return as a dividend company.. 
+this scares the short sellers, they have to pay in cash, for every naked share in existence
+Hello guys,
+Im nearly reaching my thirties and I am thinking about the future. 
+I am currently living from payroll to payroll but  I know that I can squeeze through the month and save 30% of my salary. (that means limiting social life and electricity usage and eating outside to a maximum). 
+The fact of keeping a third of my salary makes me feel good but in the same time anxious about the future. 
+From one side I am afraid of investing that money in crypto or stocks as I can't predict how that will go and I might end up losing everything. From the other side, I am anxious about just leaving that money adding up in a savings account and wait for inflation to just make it less valuable. I'm literally losing money by saving money and it makes me angry because I'm prohibiting myself from a lot of stuff just to see it eventually lose value. 
+Its starting to seem to me that getting loans from the bank to buy a car worth 20k is better than spend 5 years collecting that sum because who knows what 20k might buy you in the future. 
+So I really don't know what to do. I need goals and something to keep me going.
+At the outset, I wanted to emphasize that the post is not intended to offend any country. The definition of the third world country is to show the differences that exist. 
+
+As the US, Europe and China add more and more taxes on cryptocurrencies, ban cryptocurrency trading, ban cryptocurrency companies and banks warn against it, 3rd world countries are increasingly adopting cryptocurrencies into their lives. 
+
+In Venezuela due to ifnlation the country released Digital Bolivar and on top of that the country is moving more and more towards cryptocurrencies. Authorities promise to create special training for residents interested in cryptocurrencies.
+
+El Salvador has recognized bitcoin as an official means of payment and you can buy yourself a coconut in bitcoins (damn). It is also celebrating "Bitcoin Week." 
+
+These are just some "news" items. Do you guys also think that these countries will develop faster with the topic of cryptocurrencies than countries that are supposedly "developed". Why is this the case?
+Hello all.  
+
+Today’s daily discussion included a thread about people who have accomplished FI with enough assets to support a 6 figure lifestyle in early retirement.  I have been fortunate to have accumulated enough today to be able to withdraw 6 figures each year (assuming a 3.5% withdrawal rate).  
+
+As part of that discussion, some people stated an interest in me doing an AMA.  So, here we are, ask me (almost) anything.   
+
+Here are some details to get us started:
+
+* Currently 40 years old, self-employed, working part time
+
+* Started working full time in early 2000s, with 6 figures in educational debt.  
+
+* Have been through multiple career tracks: started as a lawyer, transitioned into more of a business role (over the course of several jobs) at a company, and then left the company to be a consultant  
+
+* My current investment vehicles are a solo 401(k) and a defined benefit plan, which allow me to tax defer 6 figures/year.  Previously, I had a SEP-IRA.  
+
+* My gross income is mid- to high-6 figures (varies by year).  My income increased greatly when I became self-employed.  Overall, I credit smart career and business decisions for my income growth.  
+
+* My expenses are in the low 6 figures.  
+
+* I live in a high COL city.  I own my house (purchased over 10 years ago).  I do not own a car.  I expect to buy one more house before I retire.  
+
+* I am single, but in a LTR (I sometimes call my SO my husband out of convenience; I may do it here).  When I talk about my savings, I am talking about only my money.  When I talk about expenses, I am talking about our total (mine, his, joint) expenses.  This is how I think about it and handle my financial planning.  I consider my SO’s money gravy in our joint financial situation. 
+
+* I have no children, and plan on not having any children.  
+
+* I have not received any inheritances or other windfalls.
+
+* Much of my investment assets are sitting with Vanguard.  If you are an active reader of this sub-reddit, you may be aware that I recently left a financial advisor, worked on a complete overhaul of my portfolio, did a major loss harvesting exercise at the end of last year, took most of money out of the market in December, and am working on DCA’ing my way back into the market.  
+
+Please feel free to ask me (almost) anything, including how I spend my money, what mistakes I made along the way (see above re: financial advisor), what I've learned along the way, my plans for retirement and why I still am working.  
+
+I place myself before you for what I hope will be a civil and constructive discussion.  The purpose of this AMA is to transfer some of the learnings I’ve acquired during my career. I hope you find it useful.
+
+**EDIT:  Thanks for all of your great questions.  The response was quite a surprise to me.  And, this has been a lot of fun. I hope my thoughts were helpful.  Good luck to everyone in achieving their goals.  /u/FI_but_not_RE**
+
+First of all, there is a 0% chance that we are in a bull market like this dumbass [post](https://www.reddit.com/r/CryptoCurrency/comments/udrns8/ive_been_here_since_2013_and_sorry_but_the_bull/) with 1k upvotes stated. 
+
+Second of all, we ARE in a bear market. And I am not talking about the last few weeks. Crypto is on a steady decline for **7 MONTHS**, and people want to still argue that this isn't a bear market?
+
+By definition, a bull market occurs when securities are on the rise, while a bear market occurs when securities **fall for a sustained period of time**. If 210 days of steady decline isn't a sustained period of time, I don't know what is.
+
+Personally, I haven't invested in the last few months for various reasons. The main one was that all altcoins were -70% down from ATH, while BTC was still at 40k. Now tell me what would happen if BTC reached 28k like it did last year? Altcoins would be most likely down -85%.
+
+The rate hike, inflation, the Ukraine war and the stock market being in a bubble for almost 2 years now are just some other reasons.
+
+So when will bull market start again in my opinion? Sadly, I believe it will happen only after a market crash. There will be a nice reset, investing going back to normal and people buying the dips, potentially war being over or even getting inflation under control. 
+
+Currently, no investor will ever go all-in with their money if there are so many risk factors.
+I've just gotten into crypto in the past couple of months. It's incredibly overwhelming when you're starting. What the hell are all of these cryptos for? Why do we need them all? Which one should I pick?
+
+I think a lot of people struggle with similar questions when they're starting out. Eventually you have the "Ah ha!" moment. Many of these aren't competing with each other. Many of them are working together with each other. They're making each other better. Even if blockchains, protocols, or products are competing - that doesn't mean you have to pick "the right one". I'm not saying all of them will survive, but many of them will. I know many veterans know this, but many new people likely don't. Our future holds many interconnected blockchains, each with many products on it. Many of the products will be on several competing blockchains. They will exist together, communicate with each other, and eventually they'll probably provide a relatively seamless user experience even across different blockchains.
+
+This isn't all inclusive, but here's what the ecosystem roughly looks like. If I've made any mistakes please let me know!
+
+https://imgur.com/a/3recNRb
+Correct me if I’m wrong but it was my understanding that GameStop already had the ability to issue up to 300M shares prior to the June shareholder meeting.
+
+They pretty much could have done the 4:1 splividend with what they already had authorized. But they asked the shareholders to approve one billion shares, right?
+
+So why request so many more shares? 
+
+What’s the play here? Will there be another splividend? Why else have a huge arsenal of shares to issue? And how does that impact the math? 
+
+Just speculating here but maybe a 7:1 split off the bat would have put the price point down to about $20 and maybe made the stock more vulnerable to cellar boxing? 
+
+It’s also kinda interesting that they took that extra step specifically so they could do a 4:1 split, as opposed to 3:1, 2:1, and so on, as 4:1 put them juuuust over the amount they had preauthorized (300M vs 304M). Perhaps there was something mathematically significant about it being 4:1, so much so they took that extra step to get those extra 4 million shares, (only ~1% off!)
+
+Ok. But then….why go for the full Bill? 
+
+There must be some reason for that, right?
+I just absolutely don't get it. CPI is higher which is bad, yet the market is trading sideways and actually going up. I just don't understand what exactly is going on and what the market outlook will be. 
+
+​
+
+(I own SQQQ BTW)
+https://imgur.com/a/lVj0G88
+
+Wells Fargo Monthly Chart ^
+
+There are wayyyy too many things going against Wells Fargo right now
+
+Bearish Divergence
+
+Rejection off the 50sma
+
+Double top on the stochastic indicator
+
+Clear downtrend since 2018? i think
+
+Clear rejection off the trend line
+
+And if July closes bearish for Wells, it will create a "Perfect Sell Off" where the Rev MACD gives a bullish trigger (which means sell your longs) + The stochastic crosses the overbought line and starts heading down
+All other bank charts look almost exactly the same and its a bit worriesome
+
+their havent been this many confluences since January 2020 for bank stocks specifically and the US10Y looks likes its gonna drop and the 20 year bonds look like theyre about to head back to pandemic highs
+
+Not sure if i posted here or not but im the guy thats super long Bonds right now, looking at all these charts everything looks like its headed back to Feb-March 2020 levels
+
+again this is all speculation, but there are an insane amount of reason for me to short right now and im going to take this trade 100%
+
+as soon as July closes bearish i will be buying puts on Wells Fargo for a year out
+
+I also currently already hold puts on BofA and Citi for September
+Look, I love crypto. I love the idea of a decentralized financial system. I can see what is wrong with banks. But people here are spitting on banks and other financial institutions because they are these huge greedy monsters that only want to take everybody's money.
+
+At the same time everyone is jumping into every single fucking scam-, pump- or memecoin hoping they can make thousands of dollars in a day. Some even say scams are not a problem because "yes they are scams but if you get out in time you can still make profit". Scamcoins are a zero-sum game: every single dollar you potentially gain, is lost by someone else.
+
+It's ridiculous and hypocrite how some people here don't even realize they are showing the exact greedy behaviour they are accusing the banks of, at the cost of others.
+
+​
+
+EDIT: To be clear, I'm not a saint. Obviously I'm also here for the money like everyone else. If you responsibly invest in solid projects, this post is not about you. My point isn't so much judging greed, it's judging hypocrisy. It is about being a hypocrit when you judge banks for taking peoples money without caring that they get fucked, while at the same time massively pumping and supporting scams just to take peoples money without caring that they get fucked.
+I swapped $50 of ETH to USDC and ended up with a mere $18.73.
+
+Fucking fees. Had it on metamask and for fun I decided to see if I can put it in USDC so I can swap for shitcoins that only have USDC as trading pairs.
+
+Uniswap btw. I was stupid enough to overlook the gas fees. This is where the title of the OP comes in.
+
+Fees are literally slowing down adoption. Buy fees, sell fees, send fees, fees.
+
+Unless you have whale sized portfolios, Just HODL. I could of had more profit than from ETH than what I just did. The fees aren't worth it.
+[Source](https://rsch.baml.com/access?q=JLQz8CGIkJs)
+
+**Key takeaways**
+
+* Data suggests that institutional announcements, inflows into GBTC, and miner reward cuts help drive Bitcoin prices
+* The main argument for Bitcoin is not diversification, stable returns, or inflation protection, but sheer price appreciation
+* Bitcoin CO2 emissions are the same as Greece's and rise in line with prices. Our ESG reading is low on E, and mixed on S & G
+
+## Bitcoin supply is artificially scarce, demand drives prices
+
+Just like in other commodities, supply and demand drive Bitcoin prices. But there are twists. Bitcoin output is capped at 21mn coins and supply growth halves every 4 years. It is designed to become increasingly constrained. So demand swings are key to price moves. Indeed, we show major institutional announcements and miner reward cuts have been followed by upward Bitcoin moves. Similarly, flows into the Grayscale Bitcoin Trust (GBTC) appear to lead weekly Bitcoin returns. A while ago, we argued a surge in trading liquidity was a key feature of the asset. Yet Bitcoin remains limited by its complex settlement process (crypto mining), and can just handle 14k transactions per hour relative to Visa's stated 236mn.
+
+## No good reason to own BTC unless you see prices going up
+
+Bitcoin has also become correlated to risk assets, it is not tied to inflation, and remains exceptionally volatile, making it impractical as a store of wealth or payments mechanism. As such, the main portfolio argument for holding Bitcoin is not diversification, stable returns, or inflation protection, but rather sheer price appreciation, a factor that depends on Bitcoin demand outpacing supply. Unlike other asset classes, our work shows liquidity bursts measured by the Amihud ratio caused positive Bitcoin returns. Average 10y Sharpe ratio for Bitcoin is about 1.3 despite stellar returns, compared to 1 for NDX. Plus Bitcoin returns are sensitive to increased dollar demand. A net inflow into Bitcoin of $93mn may result in a 1% price rise, while the analogue for gold is more than 20 times higher.
+
+## Our Bitcoin ESG read: low on E, mixed on S and G
+
+Few ESG providers factor Bitcoin exposure into ESG ratings. But its Environmental score is poor: the network emits today about 60mn tons of CO2, the same as Greece. Plus a $1bn fresh inflow into Bitcoin may cause CO2 to rise by the equivalent of 1.2mn ICE cars. As hash power today is mostly in coal-fired Xinjiang, a link between prices, energy demand & CO2 means Bitcoin is tied to Chinese coal. Should prices rise to $1mn, Bitcoin may turn into the world's 5th largest emitter, surpassing Japan. On Social &Governance issues, democratization of money and anonymity of ownership can be positive, as it is helpful in territories with corrupt financial systems and lowers costs by eliminating intermediaries. But negatives outweigh. Anonymity aids nefarious activities. Reprisk, an ESG tracker, found 181 companies faced risks linked to Bitcoin around money laundering, corruption, bribery, fraud, and breaches of data privacy.
+
+## CBDCs are kryptonite for crypto, but DeFi is intriguing
+
+A number of central banks (notably, the ECB) are talking about launching retail digital currencies that may use mainstream technology and operate on mainstream payment rails. Central Bank Digital Currencies (CBDCs) are aimed at protecting CBs against private sector stablecoins (such as Diem), as CBs view Bitcoin et al as (spec) assets, not currencies. Also, the growth of decentralized finance ("DeFi") shows the strength of Ethereum; its computational ability is vital to DeFi applications. Yet Ethereum has similarESG issues as Bitcoin, even if it may have better tools to tackle them. DeFi is interesting, but small and faces challenges in going mainstream. We think it hasn't a compelling lending proposition at present, and its diversification makes it challenging for the mass market.
+  
+
+Well another day another full ass reversal that makes 100% no sense at all. This is how I know the markets in a weird place when reversals start happening over and over again I know markets ready to make a big move. I favor a bull run over the next two weeks leading into CPI on 5/11/22.
+
+​
+
+https://preview.redd.it/3ul6rw1bwcx81.png?width=975&format=png&auto=webp&s=b0deb30d8d4885418e144549d614bd03046980e7
+
+In all retrospect though we pretty much had a sideways range day trading within a $5.57 range. With major support at 414.5 and major resistance at 418.
+
+I hate to scream manipulation or just overall BS on intraday movements but the fact the VIX unwound from 32.72 all the way to 29.26 end of day and SPY didn’t see a 2%+ rally is a little sus for sure. Intraday watching the volume and the VIX you could tell it was being artificially clapped down and forced to trade here within this 414.5 to 418 range. It didn’t want stay under 414.5 and it sure didn’t wanna break that 418. The odd thing is that 418 really was not a major support at all. 420 I could have seen rejection there and strong resistance but 418 really doesn’t add up. 
+
+I think the MM had this held down until JPOW drops the rate hike tomorrow personally. But we will get true market sentiment tomorrow morning. 
+
+​
+
+https://preview.redd.it/worppjnbwcx81.png?width=975&format=png&auto=webp&s=808f10db132f1a7ea4f1ad8440c8247962101c6a
+
+​
+
+https://preview.redd.it/3evtci4cwcx81.png?width=975&format=png&auto=webp&s=98c4cedbf0bf4430b8593b9c62da667a3b62029e
+
+See where we are at right now and where they pinned us at? That’s right… they pinned us right against the bear channel resistance line that’s going on two weeks long now (started April 21st). So that means we are either going to see a massive move down again or a massive breakout. Personally I favor the breakout. I think over night we are going to hold this 415.7 support and trade near 418 and break the channel over night and see a fairly bullish morning and once (and hopefully once) JPOW cements it with the 50bps markets will see a massive EOD rally tomorrow and trade higher into the end of the week. 
+
+Now if JPOW comes out with something wild like a 75 or 100bps hike well we are gonna get that massive sell off and break that 400 level.
+
+​
+
+https://preview.redd.it/tvlbvtkcwcx81.png?width=817&format=png&auto=webp&s=05382f2bcac3473ffb873677f9992f77ffa0d85f
+
+​
+
+https://preview.redd.it/j987ovycwcx81.png?width=777&format=png&auto=webp&s=502506f207544d1b37a9c3a481497baed7d472cc
+
+On the daily we pretty much are leveling up as the week goes on. With bouncing off the 405 support and finishing at 415 support yesterday. Today SPY attempted to break lower but ended up rejecting resistance at 420 (failed to make it there officially) but managed to hold support EOD at 415.
+
+Tomorrow SPY Bulls will look to break that 420 level and break the now resistance at the daily 8ema of 421.13. An ideal finish for bulls tomorrow is above 428 resistance which means they need to see a larger 2.8% move tomorrow, but at minimum bulls nee this to close above the daily 8ema and closer to 425 which is a 2% move tomorrow. After two days of less than 1% closes it seems like a tall order but with the vix near 30 it should be fairly easily especially on a big fed news day. 
+
+Tomorrow bears will look to break that 415 support and close at or below the 410 support level. This would be easily obtained if JPOW drops the 75 or 100bps hike. 
+
+​
+
+https://preview.redd.it/4xym733fwcx81.png?width=975&format=png&auto=webp&s=b5efd825c277d0630b73a291226ef5ce3c5a6fc4
+
+Personally I think we see the 50bps hike. From what ive been reading and hearing the expectation now is three 50bps hikes (May, June and July). The narrative is currently inflation is peaking so it would be a little surprising to see something outside of that. JPOW with the exception of January has also been very predictable and the market likes predictable. So unless we see the 50bps at 2pm and then JPOW during questioning says something to spook the market I really forsee a fairly green rally tomorrow. 
+
+​
+
+https://preview.redd.it/dlo7zk1gwcx81.png?width=975&format=png&auto=webp&s=038f9cb5f03d219026b165e5a2ff6aeac5df653b
+
+Apple had a great day today in terms of longer term bullish momentum. As I had mentioned very rarely does Apple drop more than one candle in a row below the 200ema and look at that they closed it back above the daily 200ema which now sits at 158.17.
+
+However, bulls were not able to break that daily 8ema at 160.35. I will look for bulls to close near that daily 20ema at 163.59. Bears will want to see this closed back under the daily 200ema tomorrow. 
+
+​
+
+https://preview.redd.it/s7aieuogwcx81.png?width=975&format=png&auto=webp&s=67eda1ae8a278a94b0024e2151ead806686e1041
+
+​
+
+https://preview.redd.it/re0im3ahwcx81.png?width=975&format=png&auto=webp&s=5ad6a477264bf8774a5f31819fd0b9b2a8a83378
+
+QQQ is in a similar position of SPY with it leveling up but failing to breach its daily 8ema and failing to breach the next level of resistance which is 323 for QQQ. 
+
+QQQ bulls will need this to break 323 and aim for a close closer to that next resistance level of 328 for an end of week rally. Bears will look to break back below the support at 318 and push for another lower low by end of week. 
+
+​
+
+https://preview.redd.it/ht2xwushwcx81.png?width=850&format=png&auto=webp&s=6353641893e7ce253f0485ad287b55ada34aa3c8
+
+The VIX had a pretty massive day today actually. I was impressed to see it unwind from its heights of 32.82 to its low of 29.06 for a total of 12.9% movement downward today. But SPY failed to see and do anything with this. Normally a movement like this would bring SPY to the moon but as I mentioned the intraday volume clearly was keeping SPY down. 
+
+Now that we are back closer to the currently happy VIX spot of 28 to 33.5 it will be interesting tomorrow to see if the VIX rockets back near 33 of if its going to start its unwind back down to its 2022 average closer to 18-21. 
+
+10% challenge-
+
+Today was a good and bad day. I made some great trades this morning that unfortunately were erased by that end of day dump. I truly expect us to reach HOD end of day but it just didn’t have it in the cards today. 
+
+5/3/2022 Call 1dte 8%
+
+5/3/2022 Call 1dte 5%
+
+5/3/2022 Call 1dte 3%
+
+5/3/2022 Call 1dte 18%
+
+5/3/2022 Call 1dte  -50%
+
+The last one on my log the 1dte calls at -50% I ended up selling half my current position and decided to ride the rest till tomorrow and put some faith in JPOW and the market to have a rally tomorrow. Either way cutting that at 50% today takes 1/3 of my risk off the table as I am carrying actually a lot into tomorrow that I don’t normally do at all. Its definitely not what I had planned but my calls got wrecked so fast and I failed to exit when I had the chance at -30% so decided I was just going to let them ride. With hopes of an IV spike tomorrow morning/ afternoon due to JPOW and just overall feeling bullish I made a calculated play. Overall if my call positions go to -100% I still wont be hurting too much. Overall it would hurt but it is what it is at this point. Putting faith in JPOW to get that printer on one last time. Overall for all three of my positions I wil need to see 425 tomorrow if IV was to remain the same to breakeven. 
+
+​
+
+https://preview.redd.it/v8t6bbciwcx81.png?width=653&format=png&auto=webp&s=b9c196194be48165cf8ec64fff9e26602dd5969a
+
+Hyperwheel wise I was able to roll my puts one time for a small credit so im getting close to beating buy and hold. 
+
+I was looking for an EOD rally but that didn’t happen to close these puts at a pretty nice profit but right now I am slightly green and as of now letting them ride. With these not expiring till Friday and my break even already about $3 lower then when I sold them due to theta I feel pretty confident that by Friday these will be profitable to roll into next week green. Worst comes to worse EOW I will roll one more time till next Friday expecting a rally next week. 
+
+​
+
+https://preview.redd.it/s2a95uyiwcx81.png?width=853&format=png&auto=webp&s=931931f02f2b710c131b54e231b86954526cdaad
+Financial and critical success for the film mark a victory for Disney Chief Executive Bob Iger's strategy of acquiring proven brands, including Pixar Animation and comic book powerhouse Marvel, to fuel Disney's entertainment empire.
+Disney plans four "Star Wars" movies through 2019, plus major expansions at its U.S. theme parks to incorporate the droids, spaceships and otherworldly creatures of the universe Lucas invented. "Force Awakens" toys, clothing, home accessories and video games already pervade stores ahead of Christmas.
+he wild card is China, the world's second-largest movie market, where "Force Awakens" opens Jan. 9. The last "Star Wars" movie in 2005 collected just $9 million there.
+Disney made an effort to build buzz, placing 500 miniature Stormtroopers at the Great Wall and striking a deal to stream the six earlier "Star Wars" films through video service Tencent.
+http://www.cnbc.com/2015/12/19/star-wars-pulls-in-250-million-globally-on-opening-day-eyes-new-record.html
+Let’s all calm our collective tits and not celebrate just yet.  We’ve been here several times before.  Until I see xx,xxx share prices and halts continuing as it jumps and hits breaker after breaker we haven’t even started and it’s a long way from here to where we all believe the floor is xx,xxx,xxx.  
+
+So until then... but, hold, vote.
+
+Not financial advice...
+
+I like the stock..
+
+Rocket is getting fueled to the moon my fellow apes 🦍 🚀🚀🚀🚀💎👋
+I’ve been investing since March 2020, when I first turned 18. Since then, I only had a couple dividend stocks here and there, but I sold them. Most of my stocks are growth stocks. But recently I started getting into dividend stocks again, and now i’m buckling down on them. The last 3 days i’ve bought the following: 
+$O , $EPD , $NLY , $KO , $XOM , $AFL , $STAG , and i’ve been had apple ($APPL).
+
+What’re your favorite dividend stocks? Do you like higher yields or do you like to play it more on the safer side with 1-5%? Leave your favorite picks down in the comments!
+I put $50 a paycheck into a savings account that I use for my Roth. That gets me to $1200/year and then I put in the rest of the $4800 in on an ad-hoc basis-usually most of this comes from my tax return. 
+
+I am thinking I could probably find another $1200 through dividends if I turn off DRIP on a dividend company (my brokerage account is around $26k) but I don’t invest in dividend stocks outside of my IRA (besides Apple). 
+
+I’m thinking this would help me budget better since I won’t have to think about where or when i should time the IRA deposit. 
+
+Does anyone do this? What are the reasons you would not do this?
+Today's closing was $10.75. My cost basis is $18.02 and I'm really considering doubling my position to bring down that cost basis. This is in my taxable dividend account.
+
+Here's my pros list:
+
+Price/sales - 4.16
+
+Price/cash - 6.99
+
+Price/book - .76
+
+Forward PE - 5.97
+
+Net margins - 79%
+
+Divi payout ratio - 55%
+
+divi payout growth years - 8
+
+Cons:
+
+3 year divi growth is low
+
+PE growth is low
+
+divi payout ratio based on cashflow is 75%
+
+Besides those couple cons, the stock seems undervalued to me? Am I missing something? I know rising rates are usually bad for REITs but I would be inclined to think a hospital REIT would be a little more sustainable over time since hospitals don't typically close or change owners like another type of  commercial business would. I liked the stock at $18 when I started buying it, but has something seriously changed that I'm missing?
+
+EDIT:
+
+After looking at everyone's advice, doing some research, and today's -4% drop I increased my position by about 25% and brought my cost per share down to about $15/share. Got in at $10.23. Going to keep an eye on it now for a while. If it goes below $10 I may have to add a bit more, but now REITs are taking a heavy allocation in my portfolio so I will probably bulk up some other holdings in the coming weeks.
+How worth is it in investing in dividend stocks if you don't have much money to invest in the first place? To make 15k a year with an average of a 3% dividend with 500k invested seems hefty and dividends seem more worth it only if you can invest in the thousands. My question is: Is it worth to begin investing in dividend stocks if you are only putting in say, 100$ a week or month?
+As the title says, I'm surprised there isn't more discussion about NEE.  It has a nice record of dividend growth.  It has also outperformed the S&P and SCHD over the last five years.  As a U.S. utility it enjoys a significant moat against competition.  Also, by the way, it's the largest electrical utility in the U.S.  Furthermore, NEE has growth prospects in renewable energy.  Why doesn't NEE get more love?
+# Introduction:
+
+Welcome back to my weekly stock analysis. Here’s another one that someone across the pond asked for. Disclaimer: I am not invested in this one
+
+Unilever PLC (NYSE: UL)
+
+Sector: Consumer Defensive (Household & personal Products)
+
+## Company Strengths & Risks:
+Unilever is a UK based food company specializing in household names and products that we love. Some of these brands include Dove, Magnum, Hellman’s, Lipton, Ben & Jerry's, Vaseline, [and so much more](https://www.unilever.co.uk/brands/?page=1). Unilever claims to embrace sustainable change and make their business faster and more flexible. In fact, the very logo seems to be an amalgamation of their values and products. 
+
+###I will be focusing on the ADR, the numbers for GBP may and will likely be different.
+
+Strengths:
+- 3.48% Dividend yield
+- 12 year dividend growth
+- global and strong brand diversity
+- multiple acquisitions
+- resilient to covid downturns
+- revenue increasing generally
+
+Risks:
+- 63.67% Payout ratio
+- Not much capital appreciation
+- constant acquisitions
+
+## Financial History and numbers
+
+UL: 
+Numbers from [Seeking Alpha](https://seekingalpha.com/symbol/UL/dividends/dividend-growth) and [Macrotrends](https://www.macrotrends.net/stocks/charts/UL/unilever/revenue) as of Feb 6 2020
+2020 1.9123
+
+Stock                          |  UL
+-----------------------------|-------- 
+P/E Ratio                    | 21.19
+Stock price                  | $55.02
+Current Annual Payout/Share | $1.91
+Yield                       | 3.48%
+10 Yr Div Growth Rate       | 69.36%
+3 Yr Div Growth Rate        | 14.94%   
+1 Yr Div Growth Rate        | 4.73% 
+Years Of Growth             | 12
+Current Payout Ratio        | 63.67%
+Free Cash Flow / Share      |  3.53
+Revenue *                | 11.32B
+Debt / Equity Ratio         | 3
+Debt / EBITDA            | 1.8
+
+* Revenue from 9.4B euro profit
+
+
+UL seems to be over-leveraged since it is paying out 63.67% of its profits while consistently raising its dividend. It still has a healthy margin to grow but deleveraging could greatly help, in my opinion. UL seems to do a great job raising its revenue. The quarterly payouts vary slightly but generally increase. This can be a positive or a negative. Positive that it is increasing year after year but could be worrying with respect to payment amount with respect to bills. That $.02 per share difference could be disastrous in retirement. The debt to EBITDA ratio has decreased from last year but the debt to equity ratio of 3 is really high.
+
+EDIT here: these predictions are in USD
+
+ Year | UL
+------|------
+2022 |  2.20
+2023 |  2.53
+2024 |  2.90
+2025 |  3.34
+
+
+## Final Thoughts:
+UL seems to have been focusing on acquisitions. UL is constantly expanding with a healthy room to grow. I would prefer a halting of acquisitions to decrease that payout ratio.
+
+The inconsistent dividend payment worries me. UL does raise its dividend year over year but I do not like the chances of a slightly reduced dividend one quarter for a larger dividend later, in my opinion. The best move to me would be if they stopped acquiring so many brands, or if they sold some brands. That way, they can reassess if a constant payment would be better. For those curious about price, the current floor seems to be about $55 with a ceiling of $62. 
+
+My choice among household products would remain FLO. My conviction for the underlying brands is stronger for UL but financially, FLO is consistent in payment amount and still increases it gradually. UL grows the dividend more but I would rather pay for the peace of mind (I am risk averse). 
+
+Something new that I do want to try is adding a price estimate for a future date, so with that:
+Predicted price for May 26, 2021: $58.76. I will give no factual basis, this is me consulting the crystal ball.
+
+I hope someone out there found this post interesting. Please supplement this with your own research. 
+
+Thank you for reading, please give me feedback so that I can increase my standards for future analysis posts. Or if you have one that you want an analysis on, I might pick a comment to do an analysis of if I don’t have any spice stored for the week.
+Wondering your thoughts on Costco? 
+
+Goldman Sachs has a new price objective of $429.00 which is an upside of  35.29% 
+
+Their dividends are low but they have steadily increased over time and they occasionally do Special dividends. 
+
+Any better alternatives in this space?
+
+I know the amount gets smaller for couples making more than 150k, we are just concerned of being hit with a significant tax bill come next year. We currently use the standard deduction as we have little to nothing to deduct from our income. We usually receive a modest refund 1k-2k every year and would like to keep it that way or break even. Last year we made 135k with the expectation we will make over the 150k Thanks!!!
+
+Edit/update: So I actually went to the IRS website and did some reading. Apparently initially you will only be able to opt out. At some time later this year they will add functionality to the website where you can change income levels, bank acct info, martial status, more kids, etc. 
+I believe we will take the “free money” for now and adjust or opt out later. If I have a small tax bill I will be ok with that.
+It's astonishing that the norm is 60+. I don't believe it.
+
+I never really thought about it until last week and I have visited this sub for a while. I looked around at my managers who are 50/60+ and was amazed that they hadn't retired yet. Even retiring at 40+ seems like a stretch to me at 21, because that twice my age. I'm thankful that I found this sub early on.
+
+Perhaps one of the reasons people don't pick up on FIRE is that they have wasted too much time not planning for it and it is pointless for them to consider it... I don't know, I know have much to learn.
+I'm having a tough time understanding this concept, so i'm looking for any help. My dad just set me up a Robinhood account, and i have $800 worth of spending power. I was looking to get maybe one or two day trades in there, but due the fact that i only have $800, i will be buying an odd lot. My dad told me be careful because odd lots are harder to sell back. Is this true?
+
+Edit: The question i was trying to ask has been partially answered but I kinda figured it out via setting a stop loss. I just didn't want to be stuck with a stock on the downfall. Thx for feedback!
+Do you just set up email blasts from your favorite sites?  Do you have any kind of RSS aggregators that you use?  Browser plugins?  Do you just have a list of bookmarks you go through regularly?  Do you set up Google News alerts and, if so, what kinds of alerts do you use?
+
+
+This is your safe place for questions on financial careers, homework problems and finance in general. No question in the finance domain is unwelcome.
+
+Replies are expected to be constructive and civil.
+
+Any questions about your *personal* finances belong in [r/PersonalFinance](https://www.reddit.com/r/PersonalFinance/), and career-seekers are encouraged to also visit [r/FinancialCareers](https://www.reddit.com/r/FinancialCareers/).
+It's a summer internship in the sales, trading and research department of JP Morgan London. (first round competence based interview)
+I need the crash course: what to expect? how to handle myself? what to know beforehand?
+I am not very experienced in interviews (this is my first). So any details no matter how trite are welcome.
+
+EDIT: thanks for all the advice, I had my interview 2 days ago.
+
+I think it went well. Details in my reply to safranzen.
+
+Hopefully i'll get called for a 2nd round, they will let me know in 2 weeks
+title pretty much explains the topic.
+
+Anyone care to put forth an explanation to justify these middle men between the public and the stock the public wishes to buy?
+
+thanks
+
+edit: great discussion, I guess I should frame the main question here, which is how can we make the stock market accessible to micro-investors who don't have the means to overcome the huge percentage that the brokerage fees represent when compared to their available investment budget?
+
+Example: Say someone reaches the end of the month and all they have left to invest is $100... a buy and sell fee of $10 means he'll have to burn $20 just to get in and out of the trade, a whopping 20% gain must occur just for that person to break even in his trade.
+I have seen a lot of posts lately where people have lost funds their funds through their MetaMask wallet. While there is no evidence that this is MetaMask's fault (and I don't think it is), the default installation of MetaMask does give them way more access to your personal data than they should ever have.
+
+**NOTE:** If you are using Firefox, it's currently not possible to apply this fix. I recommend you to use MetaMask only with Chrome or Brave browsers.
+
+# Problem:
+
+If you have MetaMask installed on your Chrome or Brave browser, by default it will have the option **"This Can Read and Change Site Data"** enabled **"On All Sites"**. Here is what it looks like:
+
+https://preview.redd.it/1ka1rj73wqv61.jpg?width=1498&format=pjpg&auto=webp&s=a22967c635d87047746161416114d6d9e6f1ed40
+
+Why should you care? Well, this means that any data going through your browser **can be read, altered and stored by MetaMask** if they choose to do so. And by all data, I mean usernames, passwords, personal information, etc.
+
+Now, I am not saying MetaMask has malicious intent. Not at all. However, they could store specific data about you and sell it to other companies if they wanted to. And if that data in MetaMask's database ever gets hacked, well ..you know what that means.
+
+# Solution:
+
+So, how can you fix this? It's very simple.
+
+1. Open your browser.
+2. Click on the little puzzle icon to the right of the MetaMask icon.
+3. Click on the 3 little dots on the right side.
+4. Click on "This Can Read and Change Site Data"
+5. **Change the default option to "When You Click the Extension".**
+6. That's it!
+
+This way MetaMask will only have access to the data from websites where you're actually using MetaMask on.
+
+Now, **you must be careful!** If you are on any website and you click on the MetaMask icon, you will give MetaMask access to that website, because you are "Clicking on the Extension". Clicking on it will give it access to that website.
+
+So, to be absolutely safe, be sure to only click MetaMask either:
+
+1. A crypto-related website **which requires MetaMask access** (such as Pancakeswap, etc).
+2. An **empty tab** with no website open.
+
+If you value your safety and privacy, take these steps right now!
+I want to go for buying a new car since buying a used just doesn’t make sense due to the overpriced market conditions. So I needed advice on negotiating price for new cars. 
+
+I noticed on my visit to dealers that the build price on website is always negotiable with dealers. For e.g. a Mazda with $40k website in road price can be brought down to $37k. I was surprised since this was my first visit and felt like there could me more room for negotiations since I was not even trying to buy a car but just having a look. 
+
+Can some experts share your opinion on how to get the best price for buying a new car?
+https://www.domain.com.au/property-profile/376-military-road-vaucluse-nsw-2030
+
+I just did a very lazy gross rent of $850 for 10 years and added that to the sale price for the 7.2% estiamte CAGR. Again, gross not including agent fees, repairs, upkeep etc. 
+
+Of course this doesn't take into acount negative gearing or stamp duty, misc fees etc. but even this rough estimation of buying during a downturn and holding for 10 years shows even in premium suburbs, shares are likely to outpeform property and with likelyhood of less hassle. This during one of the greatest booms for property in history. 
+
+If anyone can show me a CAGR of above 11-12% in Sydney for the past ten years I'd be pretty impressesd. Perhaps Bondi or the Inner west if anyone has actual numbers? I'm not taking into account mansions of 5-10mm+ which is the realm of the 1%. 
+
+Edit: Just got some rought stats for 25 years (1994) for Bondi, Sydney. CAGR again of 7% + gross rent of 2% = 9%. I don't think you could pick a better suburb for transformation from a little roughish in the 80s/90s to the insta influencer/model, hedgefund whatever affluent suburb it is today. S&P500? 11% Dividends included. XAO is 9% with dividends. Happy if anyone can find better property returns.
+
+The likely hood of property keeping up near shares given the restraint in buying power and the limits of monetary policy lends evidence to the fact that buying and holding shares will likely outpeform once again in net real terms. If the same rate of return holds for the next 25 years for median houses you're looking at $6.3mil house prices in Sydney! Companies grow at a higher average than property values, and an index is like an autonomous momentum system that sells losers (shitty companies that fall out of the index) and adds winners (growing companies as they hit larger market caps). 
+
+I'm pretty tipsy so please let me know if I've made any glaring errors. I guess the point of this post is don't worry if all you can do is save and invest. It would be amazing, and highly unlikely for property to continue these levels of gains for the next 10 years, at least outside of select premium suburbs.
+
+If you desire leverage there are ways to do this via equity products too.
+Thanks to this sub and all the great advice you all have given, I did it! It took 3 years and a hell of a lot of patience, dedication and financial discipline, but I just made my last student loan payment this month and it feels amazing! I just wanted to say thank you to this sub for all the good advice and great information.  
+
+For those wondering how I did it, I basically started out paying minimums on all my loans and then paid the difference up to $500 on my smallest loan until the smallest one was paid off. I consolidated a private student loan (and my largest loan balance) that was at 9.75% APR to 5%. Every time I received a raise, I'd increase my loan payments until I was paying $1000/mo. Any money I had left over at the end of the month, I'd stick in savings until I had $10K. I used that $10K to make a large payment that wiped out 66% of what I had left.  Then, for the next 2 months, I continued to make $1000/mo. payments until I had enough to make one last large payment of $2800 + my monthly $1000 to pay off the rest of the balance. I ended up having about $2.15 cents left after the final payment and the bank just waived those last few dollars + $0.01 interest and marked it as Paid in Full. I should be getting my Congratulatory/Paid in Full letter within 45 days. 
+
+Being debt free feels amazing and I'd recommend it to everyone who can and is able to become debt free. It sucks while you're paying off debts, but once paid, it's liberating.  Again, thanks r/PF for all the good information and encouragement to becoming debt free! 
+https://globalnews.ca/video/8497644/psychedelics-approved-for-medical-use-in-canada
+
+Clinical Trial Application for Phase 1 Proprietary Product
+
+http://crweworld.com/article/news-provided-by-pr-newswire/2257267/numinus-submits-clinical-trial-application-for-phase-1-trial-on-proprietary-psilocybin-product
+
+https://numinus.com/
+
+Numi began trading on the TSX on Dec. 16th, 2021.
+As the title says I am 15 years old and I remember my dad telling me about bitcoin when it was less than £50 :( So I obviously don't want to miss out again. 
+My question is, is it worth investing £50-£300 a month into cryptocurrency or is it something which requires a one off large sum of money to be dumped in to it? Secondly which currencies should I be looking to invest in, I have heard good things about BTC, ETH, GNT, DASH, XMR and SIA what are your opinions and what do you think their potentials are? And finally is there a set way I should go about trading? Such as invest once a week or once a month. What should I be looking for and watch out for?
+
+Also worth adding I am willing to wait and hold my coins.
+How does everyone think that this will impact various cryptos, and the market as a whole?
+
+http://www.nasdaq.com/article/weiss-ratings-set-to-grade-cryptocurrencies-20180122-00161
+
+
+**EDIT: Nevermind. 'They were served a cease and desist letter by the Securities and Exchange Commission for:**
+
+**"operation of an unregistered investment adviser and the production and distribution of materially false and misleading marketing materials."'**
+
+**See: https://www.sec.gov/litigation/admin/2009/34-60125.pdf** -/u/RedditCleaned
+There are so many NFT projects right now, it keeps hard to track all of them. Please no shilling, but what are some of the genuinely most interesting or beautiful pieces of NFT art coming out soon?
+Secret or not so secret ?  I don't know exaclty what type of blockchain tech they are working with at the moment, but I do know 2 things. 
+
+**1.) We know Mark Zucherberg has talked about wanting to integrate blockchain into Facebook. **
+
+That's old news. 
+
+**2.)  Facebook is already working with blockchain**
+
+A friend of mine who works for facebook on the messenger specifically received a memo about an upcoming to discuss integrating blockchain starting with Facebook messenger.   Specifically encrypting messages, and sending crypto currencies through the messenger themselves as well as formally announcing a partnership with an existing company.
+
+Apparently heard some small startup from a trio of fintech geniuses have a working prototype to send crypto in through FB messenger.      
+
+I have ZERO CLUE who they are, I know its not a rumor because there isn't any names given yet.  My friend really does work for facebook as an app developer on front end work / design . 
+
+At first a couple of crypros came to mind. At first I thought ByteBall Bytes but that msde no sense , they have been around too long and this is a new company.  Then I though Telegram? But they haven't even release their ICO yet. Theres no "Trio of finTech guys" .  
+
+So I have no clue.   If anyone knows who or what. Please feel free to tell me, and ill tip you lol.   I want to buy it.  Its out already but I knoe CMC can be weeks late to list a crypto.   They did it with AppCoins . Took them what 2 weeks to list it with question marks?
+
+Also I wouldn't underestimate a company that has massive financial backing to impact the crypto space.   Sending crypto via FB messenger, and other messangers safely is a HUGE thing in my book.  
+
+Give me 2 billion dollars, and ill have the sickest developers pounding out code in no time.  Money, and resources gets shit done lol. 
+
+
+So yeah. Anyone got an idea? 
+Can some crypto old timers (must have been involved 2017-18 latest) tell me your thoughts....is this reminiscent of previous bear markets?
+
+I’m wondering about the psychology and feeling out there.
+
+Previously when a bear market happened was it similar with everyone saying ‘buy the dip’, ‘diamond hands’, ‘v-shape recovery coming!’ sh1t constantly.
+
+I’m not scared of a bear market, just trying to work out my strategy moving forwards if we are at the start of one.
+
+On another note would you DCA now even if a bigger dip could come?
+
+Thank you!
+Hi all, at 73 you can still be a "newb" apparently - But in my case, a jumpy schmuck. Hope this route can help me. Heres my story: I jumped  quite hastily into the btc action and had to pay the price. However, I've been rather patient, but we're getting nervous. I wired funds to my coinbase account after getting the green light to do so via identity checks and all that. Same names, got the accounts verified. All things seem to check out. but the wire never landed. I followed their instructions on how to inquire then escalate the issue but didn't realize i was creating new tickets all the while. Embarrasingly here they all are (last one's first): 
+
+3506671, Jan 20-
+3506254	, Jan 19-
+3343761, Jan 09-
+3314937, Jan 05-
+3256021, Jan 18-
+3255788, Jan 02
+
+I honestly had no idea i was digging my own grave with each inquiry.
+
+I realize this was idiotic but I never got a human response. I decided to finally call on 1/20. She was ok but sternly reminded me not to start any more tickets. Fair enough. I've learned alot from this process but would really appreciate some kind of indication that the wire's been identified, or something. 
+
+If anyone could help it would be greatly appreciated. Please upvote. 
+
+
+It's surprising to see so many people speaking about the market considering they opened their accounts very recently. I'm not saying you can't express your opinion, that's what we're here for, it just gets a little annoying when people freak about the market. Settle down, you're an investor, not a gambler. Take your ass to r/wallstreetbets for that. I'm in it for the long term, decades. (Mid thirties) Been investing since high school, started in 2004
+​
+
+https://preview.redd.it/x2a4w7k3vbf61.png?width=910&format=png&auto=webp&s=2f9938f4c738969e9af9a69d4580651d4883dfc1
+
+ 
+
+I’ve been researching money profoundly (for an [article ](https://lastbit.io/a-brief-history-of-money/)series I’m currently publishing for a Lightning startup I’m interning with), trying to understand how centralization of money evolved over time.
+
+Historically, the overall trend of money has been towards centralization of power. Before money as a concept existed, anyone could barter anything, anytime, anyplace, without any interference. Ultimate decentralization. 
+
+Over time, institutions became a necessary complement for barley money and weighted metal, and then went from complementary to fundamentally nuclear with metal coins and fiat bills. This trend towards centralization has been almost a constant over the last 5,000 years or more. Then came Bitcoin...
+
+Bitcoin is decentralized throughout the community of users. Creation and transactions are scattered through a worldwide network of servers to which anyone can join. All you need to participate in the system is to have access to the internet. **Institutions aren’t fundamental anymore.** 
+
+This decentralization might just be what we need in a time were people are tired of having to give up their power to those who they feel don’t represent them. This is an age were we reclaim a freedom that we had long forgotten was even possible. Last week comes to mind with Robinhood going against their users and blocking them from the free market. Bitcoin might just be a shield to protect ourselves from those in power.
+TL;DR - Figuring out their common stock reallocation is complicated aka WHO WILL CONTROL THE DTCC?
+
+The technical stuff about the common stock reallocation is the bulk of it. At the end, I give my tin foil hat theory.
+
+\--------
+
+**INTRO**
+
+This comes from 4 notices found [here.](https://www.dtcc.com/legal/important-notices?pgs=2)
+
+​
+
+https://preview.redd.it/x66uebhrfzr61.png?width=940&format=png&auto=webp&s=83574a91301f9bede536b66baffea6e23b8df774
+
+Even though these notices are addressed to the separate arms of the DTCC (DTC, FICC-GOV, FICC-MBS, NSCC), they all contain the same information. To boil it down, these notices pertain to the COMMON STOCK REALLOCATION that we're in the midst of.
+
+\--------
+
+**WHO CAN BUY SHARES OF THE DTCC?**
+
+I didn't know this until I read these notices, but the DTCC has Common Stock. Unlike the companies listed that we can invest in, the shares of the DTCC can only be bought and sold by MANDATORY PURCHASER PARTICIPANTS (MPP) and VOLUNTEER PURCHASER PARTICIPANTS (VPP).
+
+MPP: Participants/Members of the DTCC. They are MANDATORY PURCHASERS because they are REQUIRED to own COMMON SHARES.
+
+VPP: Entities that use most of the DTCC services. They are VOLUNTARY PURCHASERS because they are not required to purchase DTCC COMMON SHARES.
+
+​
+
+https://preview.redd.it/7t7nu77sfzr61.png?width=677&format=png&auto=webp&s=8d831e39f411683f363b5b867280845ba19d36c5
+
+If it wasn't clear, Citadel is a member of the DTCC. Not only that, they use all 4 of the DTCC's services. I believe that they are one of the biggest users of the DTCC's services, which will become important later on.
+
+\--------
+
+**WHAT CAN YOU DO IF YOU OWN SHARES OF THE DTCC?**
+
+The main benefit of owning shares of the DTCC is to determine the DTCC Board of Directors... which pretty much determines what the DTCC will do.
+
+​
+
+https://preview.redd.it/y58cihvsfzr61.png?width=1036&format=png&auto=webp&s=13ee55245080c1c46da7c129bc2482fc20d33233
+
+\--------
+
+Currently, there are 265 participants that own Common Shares. There is an expectation, however, that the number of MPPs will increase to approximately 295. As for how many shares there currently are?
+
+50,907.78311.
+
+The 2021 price per share? $37,243.93
+
+In 2018, according to [this google search](https://www.google.com/search?q=2018+common+stock+reallocation+dtcc&oq=2018+common+stock+reallocation+dtcc), there were 270 participants with the expectation that the MPPs would increase to 290. The number of shares were the same (50,907.78311). The price per share, however, was vastly different. $24,367.45.
+
+That is a $13,876.48 increase.
+
+\--------
+
+**WHAT IS THE COMMON STOCK REALLOCATION?**
+
+Every 3 years the DTCC takes a look at the MPPs' & VPPs' usage of the DTCC services. They then determine the proportion of shares that each MPP MUST OWN. If the MPP owns more shares than they are allotted, they must sell. If they own less, they must buy.
+
+​
+
+https://preview.redd.it/74d2l4itfzr61.png?width=691&format=png&auto=webp&s=32d9479d8e3b8ebde924ad8b8b395d5f3f8c720f
+
+The VPPs don't have to purchase any shares. Whatever shares they don't purchase, however, MUST BE PURCHASED BY THE MPPs on a pro-rata basis. Basically, it's a calculation of proportions.
+
+​
+
+https://preview.redd.it/4zrjz0jufzr61.png?width=667&format=png&auto=webp&s=d0d026cd04b2256180986272cfd46f71a526737c
+
+\--------
+
+**WHEN DOES ALL OF THIS HAPPEN?**
+
+As I mentioned before, this happens every 3 years. The last time there was a COMMON STOCK REALLOCATION, it was around this time. End of March 2018 to April with a settlement date of May 1st.
+
+This year, the COMMON STOCK REALLOCATION process begins the first week of April with a settlement date of May 4th.
+
+​
+
+https://preview.redd.it/ymob09hvfzr61.png?width=688&format=png&auto=webp&s=eee0481c7ca49b942d63338e1ae051867e8f756c
+
+In terms of the actual process, it goes like this:
+
+1st Week of April - VPPs are contacted
+
+3rd Week of April - VPPs purchases accounted for & MPPs contacted (given proportions to BUY/SELL)
+
+May 4TH - All purchases & sales settled
+
+This will determine who will vote for the new DTCC Board.
+
+\--------
+
+**TIN FOIL HAT TIME!!!**
+
+Ok, so this is where I delve into conjecture. According to [this PDF](https://www.dtcc.com/-/media/Files/pdf/2021/2/11/14677-21.pdf), the annual shareholder meeting will take place on June 2, 2021. It's here that election will take place.
+
+​
+
+https://preview.redd.it/qvaxgxawfzr61.png?width=684&format=png&auto=webp&s=d48db8f88ac22cd62db77a0a7bda2bb7a8c9d52b
+
+How will voting actually take place? The answer is found in the BOARD NOMINATIONS AND ELECTIONS PROCESS found on [this page.](https://www.dtcc.com/about/leadership) When you open up the PDF, you'll find this:
+
+​
+
+https://preview.redd.it/wrl3i75xfzr61.png?width=686&format=png&auto=webp&s=a10080b95a243aeda60122934810ab90e1c203e5
+
+While the document says that the cumulative basis voting system is beneficial for those shareholders who hold a small amount of shares, it sort of breaks down when there is an imbalance of shares & many Board seats up for grabs.
+
+​
+
+https://preview.redd.it/p0tg733yfzr61.png?width=720&format=png&auto=webp&s=5a1a81e253a9e4aa07a9fecc3986d72e6fb4ed80
+
+​
+
+https://preview.redd.it/fwlhn8xyfzr61.png?width=689&format=png&auto=webp&s=f004e0c4e3e33212e6c38e51e477a4692cbd5371
+
+Given that there's 18 seats up for grab and 50,907.78311 shares, that's a total of 916,340.09598 (916,340 rounding) total votes. A part of me is wondering how many of those votes are own by Citadel and those who are working with Citadel?
+
+Also, the MPPs have already given the DTCC Board suggestions for new Board members.
+
+​
+
+And this is where my tin foil hat is coming in.
+
+NOT FINANCIAL ADVICE, JUST MY RAMBLINGS
+
+\--------
+
+With all of the new DTCC & OCC regulations coming up, it's clear that there is a very real and present danger that many MPPs can/will become default. If/when they do, they can lost their status as DTCC Members. This means that their shares will have to go to those other MPPs that are still in the game.
+
+THIS IS EXTREMELY IMPORTANT BECAUSE THIS WILL DETERMINE WHO HAS THE LOUDEST VOICE ON THE DTCC BOARD... basically, who controls it all!!!
+
+And wouldn't you know it... it's the 3rd week of April that the MPPs will be notified of their proportion of the allocation.
+
+​
+
+https://preview.redd.it/322560tzfzr61.png?width=687&format=png&auto=webp&s=ae973392c862c1974c819892f5bd54c8cf540db9
+
+This is why I believe the DTCC hasn't acted. They enacted DTC-2021-003 to look at how F-ed the Shorties are. Then came all of the Recovery & Wind-down regulations. Now the stuff with the OCC is approved.
+
+The DTCC is moving all the pieces in preparation for their BOARD ELECTION based on a new landscape with certain MPPS no longer in position to influence the election results.
+
+And wouldn't you know it? What date ends the 3rd week of April?
+
+​
+
+https://preview.redd.it/1c5ja7r0gzr61.png?width=245&format=png&auto=webp&s=32bb4fe479770d2f5380937bc7e1681e83481f57
+
+Maybe that's why the 3rd week of April is important? It's week that will determine the MPPs' voting power for the new Board of the DTCC.
+As the title says… I am smoothbrain and now sober smoothbrain, day 2… (*don’t laugh…*)
+
+Really keen to do this as I personally find visual representations of info easier to process at times (depending how complex the concepts are).
+
+I only started learning with all you guys back on February 1st when I first bought shares and, although I have learned a lot, I’d appreciate any help with ideas on how to convey some of the more complex parts of our best DD and even trading vocab - I can design and illustrate them to make them look sexy af 🤓
+
+I’m currently working on some really basic infographics to explain the core concepts of short selling, etc, to potential new Apes. 
+
+
+Lastly thank you to the mods and everyone in this Reddit community who contributes or just lurks. This whole thing has fully reignited the part of me that loves to learn new things and dreaming (no, THINKING) bigger, something I was ignoring for ages. 
+
+🦍 💎 🙌 🚀
+
+(EDIT: I am a “professional” illustrator/designer by trade)
+
+(EDIT 2: any tips welcome 🙏)
+As usual, share your portfolio and any interesting news/tips in the comments below. I'll start.
+
+Thanks to all those who contribute to this, I think over time we'll build something useful here, and help grow this neglected subreddit.
+So a lot of contractors are going to go under umbrella companies in the private contracting sector due to IR35 in April 2020 and companies forcing them to which means the umbrella companies revenues are going to sky rocket.
+
+I'm trying to find public umbrella companies to invest in but can't find any.
+
+Does anyone know how to profit off this legislation change or have any public umbrella companies they know about? Or maybe just recruitment contracting companies also?
+So here's my plan:
+LifeStrategy® 80% Equity Fund = 45k. This is a mainly UK/US/Rest of the developed world based fund. The idea being that if things stay relatively okay then it should be fine. I know that maybe it's risky to back UK with Brexit on the horizon but the USA and RotW should off-set that risk?
+
+FTSE Emerging Markets UCITS ETF (VFEM) =30k. This fund is obvious from the name focusing particularly on China/Taiwan/India. 
+
+Global Balanced Fund = 125k. This fund is over 50% based in the US and Japan being second highest at 10.3%. OBviously being global it has different countries in there, particularly a few EU countries which should again hopefully off-set losses that the British section make, should Brexit cause issues.
+
+What do you guys reckon? 
+
+*Edit*
+I looked at a second, more pessimistic outlook for UK during Brexit, maybe this one works better?
+
+FTSE Developed World ex-U.K. Equity Index Fund - Accumulation - 100k
+
+FTSE North America UCITS ETF (VNRT) - 65k
+
+FTSE Emerging Markets UCITS ETF (VFEM) - 35k
+
+Basically limiting my exposure to the UK in case of any issues that arise. 
+I transferred 2 funds to Lloyds.
+They had one of them, but they didn't have the right class for the other. That meant that the broker I was tranfering from, had already sold the fund, so I was out of the market. I had to buy the fund at current price. 
+
+Is there an issue with buying back like that?
+Lloyds are the cheapest, does anyone know what the c class is compared to the i class for L&G?
+I’ve had some savings sitting around for ages and been too lazy to accrue any decent return on them, so I’ve put a portion into a stocks and shares ISA, trying to get some decent growth.
+
+I’m not risk averse, in fact I’m willing to be pretty aggressive, while still looking at the long term. My portfolio probably looks like a mess to some of you, if so let me know where you think I’m too heavy/thin.
+
+iShares Physical Gold - 12.20%
+WisdomTree Physical Platinum - 10.88%
+Scottish Mortgage Trust - 10.15%
+Amazon - 9.50%
+Vanguard FTSE All-World - 9.33%
+Fidelity China - 8.42%
+Tritax Big Box REIT - 7.33%
+iShares S&P IT Sector - 6.61%
+Barratt Dev - 5.89%
+BLND - 5.8%
+TWimpey - 5.62%
+Boeing - 3.20%
+Tesla - 1.83%
+Boohoo - 1.67%
+Beyond Meat - 1.54%
+
+I’ve kept a decent amount in reserve for the time being in case the market goes tits up again, so I can buy more at lower prices etc. 
+
+Generally, long on commodities and property. Decent chunk in tracker and index funds and a couple of punts. Topping up monthly. Main losers in the book are British Land and Taylor Wimpey at the moment, but probably naive to sell right away. I’m an Amazon employee hence the loyalty shown there. 
+
+Looking for a way into more emerging markets in South America/India...any suggestions on 212?
+
+If you want to destroy this and call me a moron feel free.
+Hi there,
+
+Here's the inflation linked bond fund I bought at the end of last year:
+
+https://fundcentres.lgim.com/uk/en/fund-centre/Unit-Trust/Global-Inflation-Linked-Bond-Index-Fund/#Performance
+
+Recently it's dropped in price, even though inflation seems to be shooting up everywhere around the world.
+
+I thought this was supposed to offer protection against inflation? Can someone help me to understand this why it has had a drop in price?
+
+This is just one part of my portfolio I've built, in which I was trying to give myself inflation protection.
+
+Thanks.
+I've seen the stock drop 7% on Friday and can see it is still well below the pre pandemic stock price. What are people's thoughts on this stock? Would anyone recommend a buy / sell or hold? I can't see the share price recovering until well into 2022 as I'm not sure when air travel will return.
+
+For background I've got no shares in IAG and have done some research on the airline industry and can't see the price recovering but wondered if anyone else has an opinion?
+
+EDIT: Thanks for everyone's replies it really helped me with my thinking. I'm still unsure due to issues highlighted below so only bought £100 worth of shares at 170.98 a share this morning
+**TLDR: Has anyone heard of "tail risk hedging", if so what do you think of it, and how would it manifest itself in a regular retail investors portfolio?**
+
+I've read Nicholas Taleb's *Skin In The Game*, follow him on Twitter and read most of his blog posts. I'm a fan, mainly because he's not afraid to go against the grain and be unpopular.
+
+For a bit of context, Taleb is a former trader who called the 2008 financial crash (and made money off it), writes books on randomness and uncertainty, and is heavily critical of the way the financial industry evaluates risk. 
+
+This recent story revealed how the fund Taleb advises returned 3,600% in March! 
+
+[https://www.bloomberg.com/news/articles/2020-04-08/taleb-advised-universa-tail-risk-fund-returned-3-600-in-march](https://www.bloomberg.com/news/articles/2020-04-08/taleb-advised-universa-tail-risk-fund-returned-3-600-in-march)
+
+From my understanding, Taleb truly believes that "past performance is no indication of future results", and so thinks investors need insurance at all times against inevitable crashes that can come with or without warning. 
+
+This video also goes into more detail on the investment philosophy: 
+
+[https://www.youtube.com/watch?v=9mfnSM0k9jY](https://www.youtube.com/watch?v=9mfnSM0k9jY)
+
+To me this approach seems like a really sensible way to insure your portfolio and lower risk, while also exposing yourself to potentially big returns - the holy grail?! 
+
+My thinking is that this would take the form of put options in your portfolio, but keen to hear what others think. 
+
+Has anyone come across "tail risk hedging" / got any thoughts on it? 
+
+Thanks in advance.
+I am fortunate enough to have recently changed jobs and via a very quick promotion I am earning far more than I previously have.
+
+After tax, mortgage and all other expenses, I have around 2 - 2.5k available to save a month. 
+
+20k going into an ISA split over various funds, but that leaves cash left over. 
+
+I am 30 with a 1.75% mortgage rate. I could overpay but with a fairly low rate I wondered if I am better putting the money elsewhere. 
+
+Open to ideas, suggestions, comments on ways to make the most of the situation?
+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'?
+Got in on IAG in October 2020 just after the rights issue for just under 90p a share.
+With IAG trading as high as 190p today I was left wondering what your thoughts are on further growth potential after Covid?
+
+No doubt British Airways will come out of Covid as a stronger and more cost efficient company compared to pre-Covid, however we do not know how many years it will take for the longhaul market to go back to pre-Covid levels.
+
+With the aviation industry issuing vouchers to many customers during the pandemic I wonder what the reduced cashflow’s impact will be on future share prices when things start returning to normality.
+
+Having doubled my initial investment I wonder if I should realize my profits now and diversify in other growth stocks or stay in IAG for the long run and wait for aviation to return to pre-Covid levels and hopefully get some dividend along the way.
+
+Any thoughts would be greatly appreciated.
+
+UPDATE: Sold of about 60% of my IAG shares and will either buy back in at a lower price point for the long run or look for some funds and other long-term growth stocks with the realised profits. Thanks for the comments
+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 there,
+
+Here's the inflation linked bond fund I bought at the end of last year:
+
+https://fundcentres.lgim.com/uk/en/fund-centre/Unit-Trust/Global-Inflation-Linked-Bond-Index-Fund/#Performance
+
+Recently it's dropped in price, even though inflation seems to be shooting up everywhere around the world.
+
+I thought this was supposed to offer protection against inflation? Can someone help me to understand this why it has had a drop in price?
+
+This is just one part of my portfolio I've built, in which I was trying to give myself inflation protection.
+
+Thanks.
+I've narrowed down my search and looking to see if anyone has advice on the holdings, better alternatives or areas I am missing.
+
+I no longer need my LISA for a house, which is good, so I can focus on maximizing the £4k yearly for the next 8 years, before it becomes a very longterm holding.
+
+I have chosen funds with HL so I don't have to pay the broker fee every time I want to buy and sell, as I'll be adding £100-200 monthly. This should make it easier to rebalance yearly and keep costs down long term. Most of the funds below are 1% charges or less which is ideal.
+
+Current chosen funds.  
+Tech/growth: Baillie Gifford Global Alpha Growth (20% allocation)  
+Emerging/Asia: Baillie Gifford Emerging Market Growth (20% allocation)  
+UK/Dividend: Schroder Income (20% allocation)  
+Small cap: Vanguard Global Small Cap (20% allocation)  
+Property: Ishares Global Property Secs Eq Inx (10% allocation)  
+Metals/energy/Gold: JP Morgan Natural Resources fund (10% allocation)
+
+Idea that the property & metal allocations can be thematic through the years, but never more than 10% where the others would be firm for next 10 years and go from there. I feel like the chosen ones are well diversified over sectors and geographical. As each one does well I can slice it and feed those profits into the weaker ones.
+
+On the watchlist as alternatives  
+Fundsmith Equity (maybe as alternative for UK play)  
+LF Lindsell Train UK (maybe alternative for UK play)  
+ASI Europpean Real Estate (perhaps too focuse don europe)  
+Fidelity Special Situations  
+Fidelity UK Select  
+Schroders Global Cities Real Estate (has had good growth, however smaller fund)
+
+I know I could go for a global MSCI world index. However I want the benefit or having a little more specification and choice as this is a part of my overall portfolio and I like the idea of having some fund managers also looking over their specific fund.
+
+Thoughts of anything I may be missing, oversights from the funds I may have missed on my research.
+
+​
+
+Thank you
+Why do so many investors see a stock with a small acquisition cost, for example £0.26, and then suddenly declare that cheap.
+
+Is this because they simply don't look at the number of shares in issue, and the market cap? They don't understand that there could be 10 million shares issued in one business and 10 billion shares issued in another business? 
+
+Lloyds seems to be the most common one (£0.26).
+
+The relevant bit is the market cap surely, the market values the business at £18.76bn.
+
+Virgin Money, owner of Yorkshire Bank and Clydesdale bank, deemed "not as cheap" at 90p.
+
+But that's a market cap of £1.30bn. 
+
+So are they saying that Lloyds is cheap at a valuation of 14 times that of Virgin Money. 
+
+I completely ignore bank shares, but why are people saying that Lloyds is cheap, just because they can get almost 4 shares for a quid instead of 1 share? 
+
+All this naivety makes me think were in the 1920's and people who have never invested are going to be left shirtless like they were in the 1930's. 
+
+"Can't go any lower" is what they usually say. I mean, of course a business valued at £18.7bn could go lower, it could be valued at £15bn, or £10bn, or £5bn, or £1bn. 
+
+Can one of the dozens of people on here who claim that Lloyds is cheap please have a go at explaining why? It was cheap at 40p apparently, cheap at 31p, cheap at 26p.
+
+If it is so cheap please explain why!
+I was just looking at the chart of the iShares £ Index-Linked Gilts UCITS ETF, ticker INXG, and it's down 20% YTD. Now I know 20% down in 2022 is not a lot compared to some stock charts this year, however, this ETF is a long term inflation hedge and so it is very badly affected by interest rate rises, but long-term outlook seems to be pretty decent if inflation trends down and yields slowly go down. This is evidenced by the price history of the bond which has averaged a return of 5% since inception in 2006. 
+
+The ETF has never fallen by this much before and it seems that unless we are living in a new paradigm I expect interest rates to go down over time as the debt burden grows. Therefore does anyone think this is now a decent time to enter UK Index-Linked Gilts or have I analysed this completely wrong and are we in a new paradigm?
+Hello, this has been my first year of Barista-FI. I have been taking on gigs that interest me such as working concession stand at Electric Forest but these gigs are pretty much minimum wage stuff so even with some investment incomes I made this year (such as going from $4000->$10000 on half a bitcoin), I'm not really sure if I will reach the standard deduction limit of $12,200 this year.
+
+
+So here is the question. If I do not reach the standard deduction limit, I could fill that 0% tax space with a 401k distribution to do a Roth IRA conversion ladder correct?
+Also, what is the deadline for performing the 401k to Roth IRA conversion for this year's taxes? Is it April 15, 2020? How long does the roll over process usually take? I know you have to convert it 60 days after distribution so, it shouldn't take more than 2 months right?
+
+
+Sorry for alot of questions. I've read through the root of good and money under 30's guide but these were some of things that was not really clear to me.
+
+
+Thanks for any help!
+Tether, often referred to as USDT are tokens minted by Tether Limited which is owned by the same people who own Bitfinex. It is designed to always have the value of 1 US dollar but cryptocurrency format. They supposedly achieve this by keeping 1 dollar in reserves for each Tether bought. Tether is not the only crypto that has its value pegged to 1 dollar, there are many, i.e., stablecoins. But Tether is by far the most popular. Nearly all crypto exchanges use USDT as a trading pair. What this means is, USDT is the main liquidity provider of the cryptocurrency market.
+
+Currently, there is **68,5 BILLION** Tether in circulation, it is the **5th largest cryptocurrency** by market cap.
+
+Now everything sounds great on paper, 1 dollar for every Tether and all of that. But in reality, Tether Limited is the single sketchiest company that has ever managed to get enormously big. Tether limited has 68,5 billion dollars under management and they have, wait for it, **19 employees.**
+
+This means that for every employee Tether has, they control **3,6 billion dollars.**
+
+If you don't understand what this means, let me put it this way:
+
+In case of Tether crashing, the whole crypto market would be devastated and put back multiple years, all the innovation that crypto aims to bring would be stained by the fiasco that is Tether. I'm certain that we would say goodbye to crypto going mainstream and becoming the main way of finance dreams for a loooong time.
+
+There are several huge red flags about how they manage the company and their reserves.
+
+Let me talk these red flags:
+
+They've refused multiple audits to their currency and reserves. Only info until now that us investors had about the situation of their reserves was a half-assed promise the co- founder made in an interview. 
+
+In that same interview, he was asked if Bitfinex and Tether Limited had the same owners, he replied that they weren't related at all, they only worked with the same banks. Well guess what, **he lied.** The truth came out when the Paradise Papers were leaked, shining light to many corporations', elites' and celebrities' and also Tether's secrets.
+
+Bitfinex got mixed up in a scandal involving a firm called Crypto Capital, an also shady fiat banking firm that has worked with even shadier clients, including Colombian Drug lords. This firm was unsurprisingly involved in a sex-trafficking scandal and the investigation that followed caused all their clients' holdings to be frozen indefinitely. 
+
+Suddenly Bitfinex had nearly 80 percent of their clients money frozen, rendering any withdravals or trades impossible. Now normally a normal exchange in this situation would declare bankruptcy right? No. What Bitfinex did is that they took 400 million dollars worth of Tether's reserves to provide liquidity to their clients.
+
+Remember when I said that no audits were done until now? 
+
+The New York Attorney General launched an investigation on Tether Limited, and they reached a settlement. As a part of that settlement, Tether had to share their holdings completely. 
+
+Here's the result:
+
+​
+
+https://preview.redd.it/qiax6b18kjm71.png?width=1374&format=png&auto=webp&s=c89a2f4bc9494de19e9ad428104fa15b8b0ea94e
+
+Yup, they have **3.87% in cash.**
+
+There are a lot more sketchy stuff Tether is involved in, but I will not talk about them. This article is long enough. 
+
+If you want to dive deeper about Tether, please watch the video made by Coffezilla on Youtube.
+
+What I want to finally say is, please don't hold fiat in Tether, hold it in **USDC** or even better, **DAI**. These are far better alternatives. People have already started campaings to move people to other stablecoins and I want to support that and raise awareness. 
+
+Please do the responsible thing and don't hold USDT.
+
+**TL;DR** 
+
+**Tether sketchy, Tether bad, sell Tether, buy USDC or DAI.**
+ ***Public Beta Version Live at*** [***https://NFT.Gamestop.com***](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2FNFT.Gamestop.com&esheet=52777273&newsitemid=20220711005691&lan=en-US&anchor=https%3A%2F%2FNFT.Gamestop.com&index=1&md5=b63c3b65916f57838290823edfa6c573)
+
+GRAPEVINE, Texas--(BUSINESS WIRE)--Jul. 11, 2022-- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has launched its non-fungible token (“NFT”) marketplace to allow gamers, creators, collectors and other community members to buy, sell and trade NFTs. The Company’s NFT marketplace is a non-custodial, Ethercorn Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain. The marketplace, which can be accessed at [https://nft.gamestop.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnft.gamestop.com&esheet=52777273&newsitemid=20220711005691&lan=en-US&anchor=https%3A%2F%2Fnft.gamestop.com&index=2&md5=e0b6031156e1871919edc5f1a85f2bee), allows parties to connect to their own digital asset wallets such as the recently launched [GameStop Wallet](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwallet.gamestop.com&esheet=52777273&newsitemid=20220711005691&lan=en-US&anchor=GameStop+Wallet&index=3&md5=e9e41339514020989bdd1c799bed04e9). Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators and other Ethercorn environments.
+
+[https://news.gamestop.com/news-releases/news-release-details/gamestop-launches-nft-marketplace](https://news.gamestop.com/news-releases/news-release-details/gamestop-launches-nft-marketplace)
+Alright, I’ll try to make this as clear as possible. Market value if my account is $69k ($45k equity + $24k margin used). 
+
+I have another $14k in margin available and margin maintenance is $23k. 
+
+Someone explain to me why I shouldn’t just drop that remaining $14k on GME Monday. I currently have no stake in GME. 
+
+It’s my understanding that my margin maintenance amount is the minimum amount of equity I must keep to avoid a margin call. So considering I have enough equity to cover the margin call and none of that equity is in GME, why not go balls out and use every penny of my available margin to buy GME?
+Today i was asked to present bitcoin to my employer. I work for the largest porn network in the world. The problem is i don't really know how to show them how payment processing would work and why it would be beneficial for them to use bitcoins. Could anyone help me present this to them so we can impact the world. Thanks redditors
+
+
+
+Edit* I can't say who I work for but I can assure you we are at the height of the adult entertainment industry. All input is welcome I will be showing my bosses this thread. I really wanna see this happen I truly believe bitcoin is the future.
+Yesterday when RC filed his intent to sell, it was being reported by MSM that he sold his shares. Here’s what I don’t get..
+
+
+1.	Was that information publicly available? 
+2.	If not, was that just speculation based on the RC filing?
+3.	Or was that privileged info? 
+
+
+Both 2 and 3 seem like serious infractions considering they had a massive effect on the market. RC had already sold at that point Speculation that results in a stock dropping 50% seems like it could be problematic for retail investors. Did they feel more confident in prematurely announcing that information because there had an insider tip? Is that legal?
+
+I don’t know anything. This is not financial advice. Im not a lawyer. I’m just wondering if CNBC should be reported to the SEC for market manipulation and the potential for the leak of privileged information? There were hundreds of millions of dollars in market cap lost after that information was reported during their talk show, and it was after RC’s shares were sold.
+I discovered this forum less than a year ago and realized that this was something for me.
+I work as a dentist, 38, male, one child and married. I've been working for 7 years now and working 26 hours/week and I make a lot more money than we need/spend.  
+This however gave med very little motivation to work more or increase my earnings at work, because I wouldn't spend the extra money that I made and the savings just went into an account towards a future home purchase. 
+After discovering FIRE I now have a purpose of going to work and trying to make as much money as possible. I now know that every single extra dollar I make/save can be invested and generate income in the future. 
+I am REALLY looking forward to FI, but funny enough I enjoy work so much more now that I have a purpose of going to work. Before it just kind felt pointless of working more than 2 days a week since I didn't need the extra money.
+**Hello /personalfinance!**
+
+I'm  at a certain crossroad and I need your advice. I'm in a bit of a  different situation that most 20 year olds in my country. This might be a  lengthy post but I hope someone will read it.
+
+So  here it goes. I am a college student and currently I'm 20. For context,  I live in Serbia, and the average pay here is about 500 euros (Though  the median is much lower). Never had much to my name until recently.  From my late father I inherited a 1,5 room apartment worth about 56000  euros, and a car worth about 3500 euros. Currently my income is monthly  220 euros from renting the apartment and about 230 euros from his  pension. I live with my mother and two sisters in a 2,5 room apartment.  Also, my mother works minimum wage, so both me and my sister help her by  giving away about 1/5 of our income. My sister inherited much more from  *her* father than I did from  mine, financially she's pretty much set for life. This apartment is  worth roughly 67000 euros (It's in a different neighborhood than mine  is.).
+
+So what's the problem? My  mother is growing older, she's 57, and work is becoming much more taxing  for her. I would love for her to retire early with my help but I can't  find a way that does not include a lot of money being lost in the wind.  These are some ideas:
+
+1. She  sells her apartment and buys a house in the countryside for aprox.  22000 euros, and gives herself about 12600 euros to live monthly for 3  years until I finish college and get a good paycheck from which I'll be  able to give her that money. The rest of the money would probably be  split between us 3 kids. (She mentioned something about starting some  small business with the money, but that defeats the purpose of retiring,  doesn't it?)
+2. She sells her apartment and buys 2 smaller apartments, and rents out one.
+3. She sells her apartment and buys the house for 22000. With the rest she buys a smaller apartment and rents it out.
+4. Nothing changes, she continues to work for about 3 more years until I finish college, and then I mostly help her financially.
+
+**Keep in mind:**  If the apartment we all live in gets sold, and we split each into  another apartment, my sister and me won't be able to afford to  financially help our mother and each of us to pay for our own living  expenses at the same time (Not with my current income).
+
+Now here are some of the problems that stick out with each plan. **Disclaimer:**  I love my mother and we have a great relationship not bound by money. I  have no problem with giving her a piece of my paycheck, since she's the  one that took care of me for so long and gave me life, and now I feel I  should at least return the care in her old age. Kids financially  helping their old parents is pretty normal here.
+
+1. A lot of money gets lost in these sells/buys and waits.
+2. The  rent would probably be just enough to cover her rent and some bills.  She would lose our financial help since we wouldn't be able to afford  living on our own and giving a piece of our income.
+3. This is very similar to number 2 but the (rent income - countryside expenses) would be greater.
+4. This  is perhaps most realistic, but she's having a hard time keeping jobs  because most are too demanding for her. (She's a hard worker, but her  body can't keep it up.)
+
+I'm in need of advice from you because you're all probably more experienced in life than me currently.
+
+**As for me:**  I plan to sell my car for 3500 euros, invest about 1500 euros into  prettying up my apartment so I can increase the rent cost 220 -> 300  and return my investment in about a year and a half, after which I could  theoretically rent some other apartment and have enough to cover  rent+bills, while using the pension for all other living expenses. And  after I finish college in 3 years, it will be much easier. The 2000  euros left I either plan on saving or investing it.
+
+Any help is appreciated, some times It's hard to think about all of this on your own!
+
+If you made it till the end, **thanks for reading!** :)
+
+​
+
+EDIT: Thank you for the gold, kind stranger. I'll be sure to invest it ;D
+
+EDIT 2 Clarification: Please don't understand me the wrong way. Mom never asked for additional money, she always worked hard to provide for the family (together with my father). Neither me nor my sister are pressured into it, we both offered our help. Also, I only give her the amount I am comfortable with giving. With the money I have left I am perfectly comfortable with saving for the things I want. Lastly, my younger (older) sister is helping more than I am. My older (older) sister has some income on the side, which she uses to buy herself things, so in no way does she spend our money.
+So the past few months have been really hard due to COVID. Losing my job and trying to find employment again. Its been really tight on bills and normal expenses.
+
+Well this week is my child's birthday, and I can't even afford a card for them let alone a present. I just want to find a hole and go cry. Sorry just needed to vent somewhere
+
+*NOT ASKING FOR DONATIONS FOR MODS INFORMATION*
+This may sound like a really silly question, but with money apparently pouring into stocks, where is it coming from? 
+
+Has all of this just been sitting around in cash? Somehow that doesn't seem likely.
+
+Is there a selloff in bonds or some other asset? Wouldn't that be generating its own headlines?
+
+Again, it may seem like a silly question, but given that we've been in a bull market since 2009, one would think that most of the discretionary money was already in the stock market.
+
+Thoughts?
+I gave my boss my retirement letter yesterday.
+
+I'll either be done in 2 weeks... or 2.5 months. 
+
+Explanation.  Our company is skewing "old" when it comes to the age of employees.  For the last two years, each April the company has offered a "Voluntary Separation Package" (VSP) to employees age 60 and up, consisting of 2 weeks pay per year worked and 18 months of paid COBRA.  They are then replace with younger, and more importantly, cheaper employees. 
+
+I'm 50, so I don't qualify.  But, I am the only person at the company who does my job.  I develop, maintain, and support an business critical software application used by hundreds of employees. This application has to be updated on a biweekly basis to stay current.  I've essentially been on call for the last 7 years straight, having to take calls and handle issues even when on vacation, because the company didn't want to hire or training a backup.   
+
+I know no employee is indispensable, but the company is going to be is serious disarray if I leave in 2 weeks. 
+
+So, in my retirement letter, I did offer a one-time, 2 month deferral of my retirement, in exchange for the same VSP exit package offered to older workers.   There's been no response to that offer. 
+
+TL;DR:  I put in my 2 weeks notice but I am attempting to extort a severance package in exchange for staying 2 more months. 
+Canadian, Single, No kids :
+
+* $1.1M Cash
+* $400,000 House
+* $200,000 RRSP
+* $900,000 in stocks to be liquidated/dividend
+
+I sold the family company after working there for the last 20 years.  I had 3 active business to run, plus a Trust company owned by my dad.
+
+My sisters had equal shares in the 3 companies but did not work there, they will net around 1.9M each from the transaction.  The last 2 years were a pain in the ass, so much ups and downs.  I just hope the whole thing doesn't destroy the family.  Some of my sisters are pretty good with money, others not really so I hope they will be smart about it.
+
+I had a lot of pressure to succeed but I did not feel the drive to excel at my job, I decided it would be better to sell the company while it was profitable instead of just letting it slide to chaos.   
+
+I am relieved but wary of the future, it so very fresh I cannot even process the fact that I am retired at 37.  So fresh, I have the buyers check in my possession and I have not deposited it yet.
+
+My house is payed in full so I plan to withdraw around $60,000 a year and see how it plays out, such a big difference in lifestyle, I don't know what I will do next...  Just had to share.
+Recently moved apartments into a new building. The place was about $20-30 cheaper per week than similar rentals that were listed ,so I quickly formalised the paperwork and put a deposit down. Up until sending my bond, the agent had been helpful. Since then, not so much. 
+
+I don’t even know why I’m surprised, but I feel like there is shifty shit going with every aspect of this rental agreement. These are a few examples.
+
+-Agent tells me that all utility bills are to be forwarded to her and then passed onto the landlord and then back to us to pay(bills are under landlords name). First thought was that the landlord is trying to claim First home buyer scheme. I’m within my rights to choose energy providers right?
+
+-Rang the agent to see if my deposit was sent to fair trading to be held. Nope, she had ‘forgotten’ . Again, could be another tactic to make it seem like the landlord is at the apartment.
+
+-general lack of communication, didn’t give me the key to the garage for 4 days. Not that I needed it though as I didn’t even know my parking number. Car Number wasn’t relative to the unit number. When I eventually did find the spot my storage cage was filled with random shit. 
+
+Honestly over this shit. I’ve paid thousands to get set up in this place. Is it worth stoking the fire to risk getting burnt ? 
+
+Excuse grammar…am tired
+https://www.cnbc.com/2022/02/14/buffetts-berkshire-bought-activision-stock-before-microsoft-deal.html
+
+Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, according to a regulatory filing, jumping in before Microsoft agreed to buy the video-game publisher for $68.7 billion. Berkshire owns 14.66 million shares valued at $975 million as of the end of 2021, the filing shows. Microsoft announced its intent to acquire Activision Blizzard in mid-January for $95 per share, sending the stock up 25% to above $82, though it’s since fallen a bit. It would be the largest deal ever by a U.S. technology company.
+
+Buffett is poised to notch a handsome profit should the deal close. The stock reached as low as $56.40 in the fourth quarter after the California Department of Fair Employment and Housing filed a suit alleging that Activision and its subsidiaries fostered a sexist culture and paid women less than men. Activision also said in November that it was delaying the releases of Diablo IV and Overwatch 2. And it was hit with disappointing reviews of its new game Call of Duty: Vanguard, released the same month.
+As the title states. This is the first year I have purchased iBonds. $10k is far above the expected bond ratio for my current asset volume and my age (30). But it was 9% so I said fuck it. 
+
+Now with 4% in 2yr TBills, I think ”hey, a risk-free return amidst a red wedding”…
+
+But at the same time, as we are testing June’s lows, I have to think that this is a major dip like I’ve never been able to invest in before (for not being liquid during COVID crash). And thus im torn. Risk free return, or buy the dip. 
+
+I think my other logic pushing me to stay in DCA mode for equities is - “do I think that we will EVER get back to ATH?”  If yes, then that’s a guaranteed 20%+ return at current price. 
+
+On that same logic, the only justification I can see for someone not being in equities is they must think we will never get back. I am sure this is flawed, but it’s what has me torn. 
+
+Not really a question in here. I suppose just curious what everyone’s take is now that we actually have a risk-free return that is getting to the point of serious consideration.
+What is dividend reinvestment?
+
+If you reinvest dividends, you buy additional shares with the dividend, rather than take the cash or in the case of GME an NFT that might be sold  to get you cash or give cash equivalent. 
+
+If you chose reinvest dividend when signing up for your broker account you might want to think about turning it off and asking to receive cash/dividend payment. 
+
+If you have reinvest dividends on (DRIP) if an NFT dividend is given your broker could possibly sell the NFT and buy additional shares with the money from the sale rather than take the cash. If they sell your NFT dividend that may drive the price down.  They could also possibly give you a cash equivalent instead of NFT and reinvest. 
+
+If experts with more wrinkles can post their thoughts on this it would be appreciated
+
+Edit: nobody knows exactly what could happen. This was a thought to get a discussion going. I am not saying it will or will not happen, only putting it out there to encourage discussion on this topic.
+
+Edit 2: When I turned DRIP off they reported it takes 3-5 business days for it to be done with my broker
+
+Edit 3: for those wondering how they can place a value on an NFT this is what I saw for the overstock crypto dividend. So it is possible for them to place a value on a NFT.
+
+> The OSTKO token represents a digital voting Series A-1 preferred share of Overstock, paying a 16-cent annual dividend, with the liquidation rights of common shares. Trading is available only through broker-dealer subscribers to tZero, a blockchain-based alternative trading system marketplace owned by Overstock’s Medici Ventures subsidiary. The token debuted at $10 in May 2020 and was trading at $73.50 by early February.
+
+Edit 4: As u/Lurk__No__Further posted below this feature is enabled by default on computer share
+I feel like these posts are rarely actually looking for advice as they are far too loosely structured. The OP almost never gives any indication of what they want from the future and it comes across as if they don't actually want advice but just want to tell people that they now have loads of money.
+
+If these people were really trying to find out what to do with the money they would actually read the material in the sidebar. 
+
+I as well as many others come to this sub to help people to manage their finances and I feel like these posts devalue what we are trying to achieve. These posts can almost completely be answered with an automated response or just being directed to the sidebar and so are just clutter.
+Hi everyone, 
+
+I’m a 19 year old student. Recently I took on a project where I converted a van into a camper and I’ve managed to flip it for a £4000 profit. I’ve always been poor so I’m unsure of what to do with the money, but I’d like to invest it sensibly, so any advise would be greatly appreciated. 
+
+Thanks in advance everybody! 
+Hi all,
+
+I don't know if I'm under-paying into my pension or whether I'm misinterpreting the pensions calculator on the Money Advice Service website.
+
+I'm 24 and currently earning £42,000
+
+* I pay 8% of my monthly pay into my pension.
+* My employer pays another 13% into my pension (maximum contribution on their part)
+* My pension pot is currently worth approx £14,500
+
+I decided to plug these numbers into the pensions calculator (assuming retirement at 65, no tax-free lump sum) and all that would provide me is an annual retirement income of ~24.5k at age 65. And I wouldn't get the stage pension until I'm 68 anyway.
+
+Maybe I'm being naive here but I genuinely thought 21% contributions monthly would amount to a larger retirement income by retirement age! 
+
+So should I be paying in more than my current 8% or am I misinterpreting the Money Advice Service's calculator?
+I know of course no one knows the future, but it's fair to say most people who had a price target for when they wanted to enter into many stocks, have well reached that, only to see it now plummet even further. At this point, figured would grab opinions on how low we theoretically think our common favorite tickers could go. Then perhaps when we believe we'll start to see some reversal. 
+
+For instance, back when ARKK was $150, many believed $120/$100 would be a great entry price. Today, it's now $80, is it possible or more like probable it could potentially decimate to like $25? 
+
+Another 2 that have well exceeded expectations are SQ and DKNG, when at $289 and $74, many believing $200 and $50 would be great buys, they are now around $130 and $23, reaching new lows every day. Is it possible or probable it could become like $60 and $12, respectively? Are these new low entry price targets too ambitious? 
+
+Feel free to share opinions, I think it'd be interesting to look back on if anything.
+[Nintendo is ready to take you to tendie town.](https://super-nintendo-world.usj.co.jp/en/us/home)
+
+https://preview.redd.it/wwn3mq7lxdj81.jpg?width=730&format=pjpg&auto=webp&s=974a3144c31115409e5f2cd9d558e5560b766ecf
+
+**Disclaimer**: I am not a hedgie, and this post does not include 30 pages of science or massive linkedin pictures of Nintendo's executives....okay, I'll include one:
+
+[This is the guy responsible for taking you to tendie heaven. Do you really want to bet against him?](https://preview.redd.it/eyu6ut0pxdj81.jpg?width=490&format=pjpg&auto=webp&s=03e062b121f3d27324bf047a266bb1ab0a8d9dd4)
+
+# TL;DR - $NTDOY PT of $93 for 46% 1-Yr Gain (jk, I'm holding forever)
+
+* Pokemon, The Legend of Zelda, Nintendo Switch Sports and several other popular titles expected this year are actual money printers
+* Super Nintendo World theme parks + Cinema add substantial revenue growth opportunities
+* Nintendo has paid variable semi-annual dividends since 1985--hold in taxable account if you want to reclaim a portion of the foreign dividend tax as a tax credit
+* Melvin Capital took advantage of low trading volume back in 2018 in a short position on the stock contributing to a 27% decrease in the stock price from its May 2018 peak...Figure this is worth mentioning.
+
+# My Position:
+
+[800 NTDOY shares w\/adj. cost basis of $62 \(incl. dividends\)](https://preview.redd.it/6tzbq06w4ej81.jpg?width=1122&format=pjpg&auto=webp&s=d162d73ce8e00394560b605dc3565febcd9957c9)
+
+# **Note that NTDOY is an ADR that represents 1/8 of 1 ordinary share of Nintendo. There is an ADR with a 1:1 ratio but NTDOY has much more daily trading volume. Relating to stock price, I will only refer to NTDOY for the entirety of this analysis.
+
+# BUSINESS OVERVIEW
+
+**What does NTDOY do?** \- Nintendo develops, manufactures, and sells video game software and hardware globally. The Company owns some of the world's most successful video game franchises including Super Mario, The Legend of Zelda, and Fire Emblem (also Metroid can we get an actual MP4 update ffs) and has substantial ownership of and rights to other intellectual property including Pokemon and Sega.
+
+**How Does NTDOY make money?** \- Nintendo generates revenue from the sale of physical and digital video games (incl. mobile) and consoles as well as from minority ownership of other popular franchises and licensing fees from toy, fashion brands, and other merchandise sales. The Company has begun diversifying its revenue streams with a new focus on theme parks and increased focus on cinema.
+
+***Recent Developments***
+
+***Mar 2021: Super Nintendo World*** *- Nintendo debuts its first ever theme park "*[*Super Nintendo World*](https://super-nintendo-world.usj.co.jp/en/us/home)*" at Universal Studios in Osaka, Japan.* [*The Company plans to expand the park by 2024 and to open additional parks*](https://www.orlandoweekly.com/Blogs/archives/2021/10/07/a-donkey-kong-land-is-likely-coming-to-universal-orlando-but-first-it-will-open-in-japan) *at the Universal Studios locations in* *Los Angeles, California* *(2022, possibly 2023) and Orlando, Florida (2025).*
+
+[Super Nintendo World in Osaka, Japan](https://preview.redd.it/k0odwak1ydj81.png?width=940&format=png&auto=webp&s=c73acb7db79c0dc51abfffc521fbe3a98a048b15)
+
+* *The Osaka, Japan location currently has two primary attractions:*
+   * *Mario Kart: Koopa’s Challenge* *- Designed for adults and children. Has been described as being more engaging and visually intense than any other existing theme park.*
+   * *Yoshi’s Adventure - Specific focus on families and children. A casual ride that encircles Super Nintendo World, providing a view of all elements of the park.*
+* *Other park features:*
+   * *General and express passes available which provide priority for attractions with set lengths of time*
+   * *Treasure hunts encourage multiple visits and/or purchases of express passes*
+   * *Nintendo-themed restaurants, cafes, and souvenir shops*
+* ***Parks are specifically designed for significant technological advancements and expansions with plans for a Donkey Kong add-on and rumors of Zelda and Metroid add-ons***
+* *There is ample opportunity to build additional parks considering the global appeal of Nintendo’s diverse intellectual property and considerable amount of potential high traffic tourist locations.*
+* *Outside of potential supply chain issues, the Company should have no problem building new parks considering that* ***Nintendo's cash position currently represents 61% of its balance sheet.***
+
+***Dec 2022: Super Mario Bros Movie*** *- Originally announced in 2018, Nintendo plans to release a new animated Super Mario Bros movie later this year.*
+
+* *The cast comprises crowd favorites in the entertainment industry including:*
+   * *Chris Pratt (Parks and Rec, Guardians of the Galaxy) portraying Mario*
+   * *Anna Taylor-Joy (The Queen's Gambit, Peaky Blinders)*
+   * *Charlie Day (It's Always Sunny in Philadelphia) as Luigi*
+   * *Jack Black (Jumanji: The Next Level, Tenacious D) as Bowser.*
+
+[Main cast for the upcoming Super Mario Bros. Apparently Chris Pratt will not be using a Mario accent](https://preview.redd.it/sxjv2ne8ydj81.jpg?width=1920&format=pjpg&auto=webp&s=ef78253ca5029343d7ce8671f763cfc79a82be18)
+
+* *While Nintendo insists on secrecy with regards to most of its future plans, the Company is expected to further capitalize on its IP potentially with TV shows and more movies such as* [*Detective Pikachu 2*](https://www.nintendolife.com/news/2022/02/detective-pikachu-2-is-still-in-the-works-apparently)*.*
+* [*Let's hope this Super Mario movie is half as good as last time*](https://www.youtube.com/watch?v=nQy-eJALZI0).
+
+***Late 2022 / Early 2023: Nintendo Switch 2*** *- A successor to the original* *Nintendo* *Switch and the* [*Nintendo Switch OLED*](https://www.tomsguide.com/reviews/nintendo-switch-oled) *is expected to debut by end of this year or early next year, depending on supply chain constraints. While there is currently no confirmed information available, there are numerous* [*rumors regarding the specs and features that the Nintendo Switch 2 will exhibit*](https://www.tomsguide.com/news/nintendo-switch-2)*.*
+
+# The Ongoing Console War
+
+While Nintendo is criticized for frequently contradicting industry trends as well as inferior system performance compared to its peers, the Company has a long proven track record of creating industry-changing video game experiences with innovative consoles including the Game Boy series, the Nintendo DS, the Wii, and the Nintendo Switch. In fact, [data for the highest selling consoles ever](https://en.wikipedia.org/wiki/List_of_best-selling_game_consoles) suggests that Nintendo is to date, the most successful video game console maker in the world:
+
+[Amts in millions. Source: https:\/\/en.wikipedia.org\/wiki\/List\_of\_best-selling\_game\_consoles](https://preview.redd.it/nu12uo9x2ej81.png?width=638&format=png&auto=webp&s=a5cec64d1d2cbfa74685bd6488899d51aa04629f)
+
+# 2022 Major Video Game Line-Up
+
+**Biggest VG Releases for 2022 based on historical series unit sales:**
+
+* ***Pokemon: Legends Arceus*** \- [already the fastest selling series title for the Switch](https://www.videogameschronicle.com/news/pokemon-topped-us-game-sales-in-january-but-ps5-and-xbox-outsold-switch/)
+* ***Nintendo Switch Sports*** \- even when discounting the copies bundled with the Nintendo Wii, [the Wii series sold over 85mln units](https://en.wikipedia.org/wiki/List_of_best-selling_Wii_video_games)
+* **Sequel to** ***The Legend of Zelda: Breath of the Wild*** \- Fully expected to outsell [the first installment released in 2017 which has since sold 25.8mln units](https://www.nintendo.co.jp/ir/en/finance/software/index.html)
+
+​
+
+https://preview.redd.it/oj3td1281ej81.png?width=877&format=png&auto=webp&s=f9bda01814ebe576ceda73733edef01cf0fe2f55
+
+* If historical sales are any indicator, Pokemon and Nintendo Switch Sports should sell quite well. Snippet is from the top 50 VG franchises infographic provided by [top 50 VG franchises infographic provided by TitleMax](https://www.titlemax.com/discovery-center/lifestyle/the-top-50-highest-grossing-video-game-franchises/)
+* Despite a substantially smaller video game library than PlayStation and Xbox, Nintendo has the most titles in Metacritic's top twenty video games of all time list:
+
+[Nintendo titles highlighted in red](https://preview.redd.it/bhdc8j1j2ej81.png?width=668&format=png&auto=webp&s=de8460ff181ab05cf07a805d40511d6b3083b855)
+
+# FINANCIAL ANALYSIS
+
+**Historical & Projected Financials**
+
+https://preview.redd.it/18ul0zv5eej81.png?width=498&format=png&auto=webp&s=2f25bf2ac18670c7cbfb796abb63270b4cb4144d
+
+**Assumptions**
+
+* Estimates for Revenue, EBITDA, and Net Income from CFRA Equity Research are referenced
+* Expectation of a 8% decrease in sales for FY 2022 (ending March 31st) compared to FY 2021 which was driven by strong console unit sales and *Animal Crossing: New Horizons* during the global economic shut down.
+* Forecasting a 10% increase for FY 2023 sales given strong expected sales of popular games including successors to a few of the best selling video game titles of all time such as *Pokemon: Legends Arceus*, *Nintendo Switch Sports,* and *The Legend of Zelda: Breath of the Wild 2*, as well as increased Super Nintendo World ticket sales.
+* Given a potential delay relating to the ongoing semiconductor chip shortage, **this forecast does not include estimated sales of the Nintendo Switch 2**. In an upside case where the Switch 2 is released by March 31, 2023, **it is reasonable to expect 15% sales growth for FY 2023.**
+* Slightly lower operating and net profit margins resulting from increased advertisement spend and R&D, offset by cost efficiency of higher software vs hardware sales mix.
+* Dividend Payout of 40% of Net Income at low end of payout ratio for the past five years.
+
+# MULTIPLES ANALYSIS
+
+|METRIC|FY 2021|Est. FY 2022|Est. FY 2023|
+|:-|:-|:-|:-|
+|EV/Revenue|2.7|2.9|2.6|
+|EV/EBITDA|7.2|8.2|7.6|
+|Debt/EBITDA|No Debt|No Debt|No Debt|
+|P/E|13.3|15.7|14.3|
+|EV/FCF|8.2|10.9|9.9|
+
+**Assumptions**
+
+* Estimates for Revenue, EBITDA, Net Income, and FCF are shown in the above Financial Analysis
+* No debt issuance (no need when 61% of balance sheet is cash)
+* Enterprise Value assumes no change in stock price
+
+# Comparables
+
+***NOTE:*** *Nintendo's comps in actuality are PlayStation, Xbox, PC, mobile, and VR. However, for purposes of this stock analysis, it is not possible to conduct a comparable analysis specific to console, PC, or mobile, as well as video game unit sales (okay maybe it's possible but fuck that, I'm not doing all that work for you degens). That stated, I instead compare NTDOY to a select few companies that savvy, totally not retarded investors such as yourselves would be likely to compare NTDOY to including ATVI, EA, SONY, RBLX, and given certain parallels relating to its incredible brand loyalty and IP expansion strategy....DIS.*
+
+*Furthermore, I am leaving out certain video game stocks including TTWO, ZNGA, and several Korean video game centered stocks based on their significantly smaller size in terms of market cap and market share as well as relevant Chinese companies because apparently nobody wants anything to do with Chinese stocks (I don't blame you).* ***This makes the following analysis wide open to counterpoints so if you have wildly differing opinions, feel free to*** ***~~shove them up your ass, find the nearest cliff, and fuck yourself~~*** ***comment below.***
+
+https://preview.redd.it/9bj0o24o3ej81.jpg?width=1004&format=pjpg&auto=webp&s=344e4419dcaff7bed15ce2edd896e2cf5f7d0aab
+
+Note the substantial discount that NTDOY trades at related to all multiples aside from P/B (which is quite close). RBLX's multiples are excluded from the means shown above because they're ridiculous and would result in excessive skew for the means. We'll now apply a blended multiples valuation to calculate a PT.
+
+# VALUATION
+
+Let's use EV/Rev, EV/EBITDA, P/B, and P/E as the key metrics for our multiples valuation. We'll average the comps based multiples (excluding RBLX) and 5-year historical averages for NTDOY for a blended approach. This actually results in a lower PT compared to the PT resulting from relying solely on NTDOY's historical averages.
+
+​
+
+|VALUATION METHOD|Blended Price Target|Applied Weighting|
+|:-|:-|:-|
+|EV/Rev (3.8x avg)|$86|*25%*|
+|EV/EBITDA (13.7x avg)|$103|*25%*|
+|P/B (3.5x avg)|$87|*25%*|
+|P/E (21.6x avg)|$96|*25%*|
+|**FINAL PRICE TARGET**|**$93**|*100%*|
+
+# Multiples based Price Target: $93
+
+This PT provides a potential 48% upside when accounting for the expected 2.3% forward dividend yield. Note that this is strictly a 1-year PT since the valuation will surely change substantially over time as Nintendo opens new theme parks and continues to capitalize on its IP expansion strategy. **That said, this is a very long-term hold for me as I firmly believe that Nintendo has yet to tap into its full potential which will likely take many years.**
+
+^(Whereas the development of Metroid Prime 4 will apparently take decades...)
+
+# RISKS
+
+* **Continued Semiconductor Chip Shortage (Moderate)** \- Could result in lower than expected production of existing Nintendo Switch consoles or *temporary* delay (*note:* ***not*** *cancellations*) of major VG releases, Super Nintendo World openings, or the Nintendo Switch 2.
+* **Execution Risk on IP Expansion Strategy (Low)** \- Poor sales from the upcoming Super Mario Bros movie could discourage the Company from furthering its push into cinema, resulting in limited lost opportunity relating to Nintendo's long term growth.
+* **Low Trading Volume / Short Selling Risk (Moderately High)** \- Average daily trading volume is relatively low, ranging from 300k to 400k shares. Stock price performance may be hindered by rebalancing of sizable funds (wtf Cathie Wood) or heavy short selling volume (fkn Melvin). Note that this risk does not preclude the opposite from occurring where low volume or short covering pushes the stock price upward.
+
+# 
+
+# TL;DR - $93 PT for 48% 1-Yr Gain (jk, I'm holding forever)
+
+* Pokemon, The Legend of Zelda, Nintendo Switch Sports and several other popular titles expected this year are actual money printers
+* Super Nintendo World theme parks + Cinema add substantial long-term growth opportunities
+* In recent years, annualized dividend yields have been around 2%. Nintendo has paid variable semi-annual dividends since 1985--hold in taxable account if you want to reclaim a portion of the foreign dividend tax as a tax credit
+* [Remember the DK Rap?](https://www.youtube.com/watch?v=RcP91tQ4ZSM)
+
+​
+
+Sources:
+
+* [Super Nintendo World](https://super-nintendo-world.usj.co.jp/en/us/home)
+* [Review of Super Nintendo World - The Verge](https://www.theverge.com/22339582/super-nintendo-world-review-theme-park-japan)
+* [Highest Selling Game Consoles - Wikipedia](https://en.wikipedia.org/wiki/List_of_best-selling_game_consoles)
+* [Highest Grossing Video Game Franchises - Wikipedia](https://en.wikipedia.org/wiki/List_of_highest-grossing_media_franchises#cite_note-628)
+* [Top Rated Video Games of All Time - Metacritic](https://www.metacritic.com/browse/games/score/metascore/all/all/filtered?sort=desc)
+* [Highest Selling Mobile Games - Wikipedia](https://en.wikipedia.org/wiki/List_of_highest-grossing_mobile_games)
+* [Nintendo Ownership of Pokemon](https://zenmarket.jp/en/blog/post/10040/does-nintendo-own-pokemon)
+* [Nintendo Owned Studios - Wikipedia](https://en.wikipedia.org/wiki/List_of_Nintendo_development_teams)
+* [Nintendo Video Game Releases for 2022 Infographic - u/ieatdragonz](https://www.reddit.com/r/NintendoSwitch/comments/spa9z5/nintendo_switchs_beginning_lineup_for_2022/)
+* [MSFT Wants to Bring ATVI Games to the Switch - IGN](https://www.ign.com/articles/microsoft-call-of-duty-activision-blizzard-games-nintendo-switch)
+* [NTDOY Financials & Guidance FY22 - Nintendo Investor Relations](https://www.nintendo.co.jp/ir/pdf/2022/220203e.pdf)
+* [The Difference Between Nintendo & Its Competitors](https://www.thedrum.com/news/2021/06/03/how-nintendo-leveled-up-beyond-gaming-embrace-new-platforms-and-experiences)
+* [Melvin Capital Places $400 Million Bet Against Nintendo - TIME](https://time.com/5352805/nintendo-stock-short/)
+I just learnt that Fibonacci is a pattern that is observed in nature, ancient buildings etc. And so they use this to observe the stock market movement. 
+
+Seriously, is this not stretching it too FAR? I recently heard someone trading based on the stars and planet’s movement. Really??
+I’m currently stuck at a 50% win percentage and it bugs the hell out of me. Don’t get me wrong, it’s making me money, but it’s not where I want to be at. I know it’s possible to get it higher.
+
+Any traders out there with a high winrate and a decent sharpe ratio (2+)? If you do, do you consider yourself extremely picky with your trades or do you enter many trades a day? What do you trade? Etc...
+
+Thanks in advance.
+So I got a strategy that works fine, nice RR, clear entries, and backtested it a a lot to get a good sample. Everything works fine, but when I look at the chart and I don't see a setup I get the hitch to trade and take some bad trades. How do you guys stop yourself from self sabotaging?
+https://techcrunch.com/2022/07/02/tesla-ev-deliveries-fall-nearly-18-in-second-quarter-following-china-factory-shutdown/
+
+Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first time in two years that Tesla deliveries, which were 310,048 in the first period this year, have fallen quarter over quarter. Tesla deliveries were up 26.5% from the second quarter last year. The quarter-over-quarter reduction is in line with a broader supply chain problem in the industry. It also illustrates the importance of Tesla’s Shanghai factory to its business. Tesla shuttered its Shanghai factory multiple times in March due to rising COVID-19 cases that prompted a government shutdown.
+
+The company said Saturday it produced 258,580 EVs, a 15% reduction from the previous quarter when it made 305,407 vehicles. Like in other quarters over the past two years, most of the produced and delivered vehicles were Model 3 and Model Ys. Only 16,411 of the produced vehicles were the older Model S and Model X vehicles. Tesla said in its released that June 2022 was the highest vehicle production month in Tesla’s history. Despite that milestone, the EV maker as well as other companies in the industry, have struggled to keep apace with demand as supply chain problems persist.
+Kenny and Co. can go fuck themselves. They are so fucked. I have money invested in my favourite company that I could really do with right now but would rather lose my house than sell to bail these fucks out. I watch us get shorted everyday and literally do not give a tiny rats ass. Honestly who, after all this time invested in this sub and looking at the fuckery over all this time, would ever sell? Imagine selling because you are bored and then watching the price go parabolic to infinity? You would never forgive yourself which is why you would never sell. Ever. As long as there is a chance that I am going to be rich and that these fucks are going to jail then why would I sell? If I am regarded then I feel sorry for the stupid fucks as they must be more [REDACTED] than we give them credit for. Kenny is so fucked it’s hilarious. Merry Christmas and fuck you Kenny’s shill who is trying to formulate some kind of [REDACTED] response to this because you are the poor junior fuck who got told to stay in the office to shill over the holidays. Bahahahaha. Fuck you. Pay me, my price is $[REDACTED].
+While filing my taxes this year, I was rejected via TurboTax because someone else claimed my child. Both me and my Significant Other are at a complete loss on how to find out who. It's not on either forms. Can someone please point me to resources needed?
+
+Edit: we found the problem and are moving to fix it. Thanks for the help you guys offered.
+Hey everyone
+I graduated college in 2021 and just got my first job and I thought it was remote with in person as needed, but there was a lapse in communication on the company’s side. Unfortunately turns out I’ll have to come into the office(at least 3x a week, possibly more) which as mentioned in the title, is 2 hours away using public transport and will cost $50 a day just to commute to and from work. I am moving closer to work but that’s in 2 months and I’ll only be 5 miles away from the office. Assuming I commute these 2 months with public transport, it’ll cost me at least $1200(possibly more if I find myself having to come in more than 3x/week) and an ungodly number of hours, around 4 hours a day total. 
+
+I checked car rental rates and they don’t make sense financially (I’m under 25 too). I’ve always thought leasing cars is stupid and don’t believe they’re smart financial decisions, that leaves me with buying, but I’m very confused if I should go new or used. I’ve been meaning to buy a used car for a while now and was thinking of spending 8k, half of which my brother would help pay as we live together and could split using it. But with the current used market being insane and people suggesting one should just buy new and finance with 0% APR if they can and invest the cash instead, I’m just lost and don’t know what to do. I never really considered buying new as I know I’d eat the depreciation an it was just more than I was willing to commit to but I’m trying not to be “penny wise and dollar stupid”. But in my case, would buying new and financing be better? I also want to say, I don’t know how long I’ll be living in the states for and may or may not move abroad so I’m worried a new financed car would be a pain to deal with. Alternatively, I’ve been thinking I should just lower my budget for used and bring it down to 4-5k because of the current market and not wanting to overpay. 
+
+I’ll be making 73k a year, that’s $4,458 a month. Keep in mind I’ll be spending at least 1,200 over these next two months in public transport if I don’t buy a car, and will also have a soul sucking commute. If you could give any tips or advice on how to get out of this rut or make it bearable till I move. Thanks!
+
+Edit: I’ve already spoken with my manager, the best they can do is let me wfh 2x a week. I also can’t push off my start date as I need the money to pay bills and the apartment I’m looking to move in to wants paystubs for April. And as for finding another job, well that’s a lot easier said than done and could take months.
+[Full Article](https://www.msn.com/en-us/money/markets/top-federal-reserve-officials-say-they-misread-inflation-and-now-plan-to-correct-the-course/ar-AA101rIz?li=BBnbfcL)
+
+ Treasury Secretary Janet Yellen also acknowledged the misdiagnosis coming from her own department, and that of current Fed Chair Jerome Powell.
+
+"Both of us could have probably used a better word than 'transitory,'" she told senators in June when asked about their remarks about inflation last year and their slow response to price pressures.
+
+Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy.
+
+ It's the Fed's task to tame inflation that is running at a pace not seen in four decades. To do so, it has been hiking interest rates at a fast pace.
+
+Reining in inflation may take more aggressive monetary policy moves than the central bank has embraced in recent years, according to economists like Judd Cramer. His research indicates that the Fed may need to hike rates to levels not seen in decades to force rising prices into retreat.
+
+"If inflation is going to be high and remain higher, that means that the neutral rate in the economy is also going to be higher because the price of goods are going up," he said to CNBC.
+
+A June survey of inflation expectations from the New York Federal Reserve suggests the price hikes aren't over yet. The group predicts that by June 2023, prices will have risen approximately 6.8% from their current levels.
+
+Maintaining stable prices and maximizing employment are the Fed's top responsibilities. Jobs appear plentiful in the U.S., which may give the central bank cover to raise interest rates at an aggressive pace through 2023.
+
+The Federal Reserve was contacted for comment but is in a media blackout before the expected rate announcement later today.
+I've tried not to change my lifestyle from college, other than eating better and wearing nicer clothes for work. But I drive an old car and live in a cheap room at the edge of the city, restrict my spending on the weekends, etc. Meanwhile my peers are living like Patrick Bateman with their modern high-rise apartments, going to nice restaurants constantly, buying $200 in drinks in an evening with no thought. I participate occasionally and try to go out and buy a round now and then but it's hard to avoid building a reputation as a miser or stickler with such different goals. It's becoming increasingly uncomfortable to resist "keeping up" and bond with coworkers and peers. Has anyone else gone through this that can maybe offer advice on maintaining your goals or achieving balance? 
+Hey FI community!
+
+I created [a\(nother\) free FI calculator and/or simulator](https://fiportfoliodoc.com/simulator)! I know there are quite a few of them (https://www.reddit.com/r/financialindependence/comments/hlohjh/fire_calculators_that_do_different_and/) out there at this point, but I couldn't find one that scratched my particular itch.
+
+My vision was ultimately to create something like the "spiritual successor" to FIRECalc (https://www.firecalc.com/). I love the way this calculator displays each portfolio simulation cycle independently. I feel like seeing each cycle gives you a more visceral appreciation for how a given portfolio plan behaves. However, it lacks any sort of interactivity in the graph view, so it's hard to glean specific information from the graph itself. Its inputs are also on various pages and it's a pain to modify and rerun your portfolio. Of course, cFIREsim (https://www.cfiresim.com/) is excellent, and it was the calculator I used for a while, but the graph visualization style diverges from FIRECalc's in that its x-axis is retirement year rather than year #-in-simulation. Personally, I prefer FIRECalc's method in this regard since it puts all simulations along the same plane.
+
+I wanted to create a simulator that displayed the results in a very interactive way and allowed you to iterate very quickly on various scenarios. You can tweak anything in the inputs and hit recalculate, and the results instantly refresh. The results view itself is very rich with information about each individual cycle. You can hover over any cycle to see detailed information about it, both in the graph's tooltip, as well as the detailed table at the bottom of the page.
+
+I used Shiller's data (http://www.econ.yale.edu/~shiller/data.htm) like many of the other calculators do, but I also manually enriched it with a "notable events" field, which shows when various notable market events occurred, like the great depression or the dot com bubble. I thought it was fun to be able to see what happened during particular dips, or see what effect each event had on a particular simulation. You can also zoom in on individual cycles to isolate them from the overall view so you can better appreciate the fluctuations.
+
+Feel free to try it out and let me know what you think!
+
+https://fiportfoliodoc.com/simulator
+
+
+Edit:
+
+This wasn't originally open source, but since there's some interest from the FI software dev community, I've open sourced it.
+https://github.com/Daynil/portfolio-doctor
+
+
+Edit 2:
+
+Based on all the feedback, I've made a few updates:
+
+* Lots of improvements to mobile usability. Huge thanks to [Hawkes75](/u/Hawkes75) for his PR which made most of the fixes!
+* The question mark information icons now show up as popups with the information rather than forcing a page change. 
+* Currency input fields now defer formatting to when you are finished editing, so no more unexpected cursor jumping!
+* Made the inputs scroll flow more intuitive on laptop screens.
+
+Thanks for everyone's feedback!!
+I have a job and get a steady income but Im limited in what I can actually invest in crypto. For my situation I do have a substantial amount in it already but I cant invest anymore right now. You know...inflation...macro factors and whatnot. So im looking for other ways to accumulate during this bear market.
+
+I saw that brave  offers very small amounts of crypto for using their browser. Besides it genuinly being a good browser it's great to 'earn' some crypto this way. Just while doing my job I recieve roughly 10 bat every month (i already saved up 70/80 BAT). It's not much but who know what BAT will do during a bull run. 
+
+This, and the reddit moons, got my thinking if there are other ways of earning/generating small amounts of crypto that dont seem big now? If I can get to 2-3-4 dollar a day that could really go a long way for me during these trying times. Maybe enough that I dont have to touch my crypto untill it takes off again.
+
+Thanks in advance for all the tips guys.
+
+Edit: thanks guys, this is blowing up my inbox. 
+So far I'm seeing a lot of brave, learn and earn and moons. I knew about those but there are also alot of one's I never heard of. I will try to gather some tomorrow and post them in a general post.
+
+Edit 2: dudes....this is amazing, thanks for all the awards (first gold, yeey!) and replies to a simple question. This is truly heartwarming and very helpful. Thanks again!!
+**TLDR:**
+
+JC Penney Board Members are LITTERED with BCG Consultants.
+
+JCP is trying to acquire Kohl's.
+
+JCP just lost Sephora to Kohl's.
+
+BBBY activist investors Cohen is fighting for BBBY are the same ones as Kohl's.
+
+And of course Kohl's investors added a BCG consultant to their board.
+
+Bad actor consultants/directors are trying to get rid of the only thing that separates these companies from any other retail company (Buy Buy Baby + Sephora).
+
+^((fuck spelled title wrong))
+
+​
+
+**Karl Wash (BCG 2019):**
+
+https://preview.redd.it/z4s0a0gy2rv81.png?width=870&format=png&auto=webp&s=70682e7acce73aa107562e1e03a69c33c716dedb
+
+**Katie Mullen (BCG 2022):**
+
+https://preview.redd.it/sthv7tn23rv81.png?width=526&format=png&auto=webp&s=87d218f5f02deccdd6f722bb7fb52fa267f5fd61
+
+https://preview.redd.it/97y0sif43rv81.png?width=506&format=png&auto=webp&s=5d5a83ea238216547c82e86c6242d1826f97b9d3
+
+**Why would BCG want JCP?**
+
+https://preview.redd.it/wlp01b9c4rv81.png?width=854&format=png&auto=webp&s=b613e7ebebd67458623f031db3743a5e05ca46b4
+
+Sephora sets themselves apart from retail, and brings in insane revenue per sq ft.
+
+https://preview.redd.it/qr4fkure4rv81.png?width=637&format=png&auto=webp&s=f1a016a49cf69bdc3a1e4e3b02f122edf1bc1108
+
+https://preview.redd.it/3cgy03ok4rv81.png?width=656&format=png&auto=webp&s=a270542b1f3b835d5a67fd252da8eca0b0f6fcbb
+
+**Pulled from JC P's BCG Matrix:**
+
+https://preview.redd.it/5lsscyln4rv81.png?width=684&format=png&auto=webp&s=4b425a0740b1c22a2d4e7748e8ba0a6da7bca1de
+
+So why let the contract of Sephora run out? Its generating $600 per sq foot! Thats incredible.
+
+​
+
+**Meet Macellum (Kohl's + BBBY "Activist Investors"):**
+
+https://preview.redd.it/u6ctvda05rv81.png?width=715&format=png&auto=webp&s=6ec3324d1559985c961d749bc21cedd55cd3f710
+
+Interesting, Macellum is wanting BBBY to cut out Buy Buy Baby..
+
+Even more interesting..
+
+Macellum is the same activist investor trying to strong arm Kohl's.
+
+https://preview.redd.it/lwoytf6c5rv81.png?width=679&format=png&auto=webp&s=72ab081d7d7cfbe31f29615a498cd47a1d2e6fac
+
+https://preview.redd.it/3ry810od5rv81.png?width=815&format=png&auto=webp&s=5c41bc1143762d0ba02acc99898db5119b0183eb
+
+Since Macellum took their stake in Kohl's they have appointed a few board seats.
+
+**Of them we find this gem:**
+
+https://preview.redd.it/ktu0uipi5rv81.png?width=1202&format=png&auto=webp&s=c178ac1789005054d26af6cbb8eba639cefa6676
+
+**BCG**
+
+**McKinsey & Co**
+
+**Lehmen Brothers**
+
+Jesus fucking Christ lmao this charade is getting old.
+
+Kohl's is out here FIGHTING FOR THEIR FUCKIN LIVES to keep their board seats and not be overtaken.
+
+​
+
+​
+
+**Enter Ryan Cohen: Time For Pillow Fights and 60's Music..**
+
+https://preview.redd.it/nhralu416rv81.png?width=665&format=png&auto=webp&s=a301111e7ae0b02529f5fc9e17c9cd4fc3f3927b
+
+Since this post we have seen Cohen fighting for Bed Bath and Beyond board seats and winning successfully.
+
+Whats the 60's music?
+
+Motherfucking Kohl's (**$KSS**)
+
+**KSS=Koss**
+
+Not only do they share the SAME bad actor investors trying to take board seats but we also have this:
+
+https://preview.redd.it/siarvu2j6rv81.png?width=418&format=png&auto=webp&s=319784b09e0642fbb4ea21e7a32dafeace6027f9
+
+https://preview.redd.it/nslx0gxk6rv81.png?width=401&format=png&auto=webp&s=b8773f8a0af62af048eaadfb4ddc6d344a790691
+
+Koss didn't have anything that separated them from the pack.
+
+They were an audio company, but at that point everyone was a successful audio company.
+
+The Beatlephones separated them from the pack by giving them an edge no one else had.
+
+They all had the same product but they had a product exclusive to them, which others could not compete with.
+
+This lead to Koss gaining insane amounts of worldwide press, new customers who have never even heard of their company but liked the Beatles.
+
+**The edge, without these they are just any other fuckin company:**
+
+Buy Buy Baby
+
+Sephora
+
+Beatlephones
+
+​
+
+Amazon+Griffin need to get these niche companies out of their way to steal their market cap.
+
+​
+
+https://preview.redd.it/cz2d7anobrv81.png?width=328&format=png&auto=webp&s=7211fee1857ab2b5dbb2e1d9efa2bb345e305f12
+
+Amazon can't compete with niche big companies like BBBY+Buy Buy Baby or Kohl's/JCP+Sephora
+
+Amazon gets to centralize more assets
+
+Griffin gets to add gains to his long AMZN
+
+Griffin gets to add gains to his "everything retail short"
+
+Amazon lowers their risk because well... they own all of it.
+
+Also Griffin and friends get to take advantage of these "consultants" urging these companies to issues convertible bonds to "stay afloat"
+
+[https:\/\/www.investopedia.com\/terms\/d\/deathspiral.asp](https://preview.redd.it/q16x2v1lirv81.png?width=608&format=png&auto=webp&s=db26e46e4699fa19cfd17e1804dfd360c02d40f0)
+
+**END, BYE**
+
+​
+
+​
+
+​
+
+**Tinfoil below, grab your hard hat:**
+
+This shit gets even weirder man but I'll leave the rest for weird connections i haven't tied together quite yet.
+
+\#1. I've been following Joann Fabric closely and Amazon is trying to acquire their wholesalers for fabrics and textiles. I have comments spanning the last few months talking on this. Connections to fake "locally owned" companies that amazon tries to make people think they're buying from them but its just Amazon in a fake blue-collar mask.
+
+People laugh at Joann's but sleep on the fact that **the textile industry is already conquered and a trillion dollar industry and growing exponentially ever year.** You can review my search history, all their board members have sketch connections to private equity firms trying to bankroll Kroger, which Amazon is trying to acquire because thats Whole Foods industry niche competitor.. then I look deeper and Joann's has board members have connections to consultants+private equity "investors" that use to work for Whole Foods and Kroger.. weird.
+
+One main guy I've kept my eye on that is a board member of Joann's I believe doesn't have the company's best interest at heart is Jonathan Sokoloff.
+
+He gained his seat buy using his private equity firm to get him an in.
+
+https://preview.redd.it/muoq3dpyarv81.png?width=1221&format=png&auto=webp&s=3fb856b78d59f734e485e82c8130a06b5a1e2c15
+
+Lets try to not make it look so obvious Mr. Sokoloff.
+
+He and his private equity arm just dumped ass in insider trades.
+
+**THE ONLY BOARD MEMBER SELLING, and yes that is an M at the end.**
+
+​
+
+Apparently **JCP new COO was Joann's old CEO**. Somebody see the writing on the wall?
+
+https://preview.redd.it/za1xkgkv7rv81.png?width=562&format=png&auto=webp&s=cbe3c72480277e701246dd3cb7eb58b023d9210e
+
+​
+
+\#2 Apparently Apple used Beatles as inspiration of their logo and even went to court over it
+
+https://preview.redd.it/32cpesb99rv81.png?width=350&format=png&auto=webp&s=b32a0e17872ff15045ae4daa59c27a67800a6a6f
+
+https://preview.redd.it/e2tkod7f7rv81.png?width=954&format=png&auto=webp&s=28115b96140a7b000560355b159792c769cd3065
+
+All these Apple references are getting wacky, thats for another time.
+
+But yeah, top=legit facts as fuck
+
+Bottom=Future speculation I will pull some strings and see what I can find
+Everything they tell you is about retirement. Every financial guru from Stephen graham to Dave Ramsey tells you to just save and invest, save and invest, save and invest.
+
+Everybody is like “oooh if you had just not bought that avocado toast or buy that sandwich and invested it, in 30 years, you’ll be a millionaire.
+
+Or these FIRE people eating rice and beans till their 40ish and then retire.
+
+It’s getting a bit draining for me personally. I do constantly save and invest. I have a decent amount in my ROTH IRA and 401k. But it just dawned on me that every one of these people all just aim for retirement. Life expectancy in the US as of 2019 is 78 years old. Average retirement age is 62. Let’s say in 30 years, we increase it to 85. 
+
+It just baffles me that we start working and saving from like 22(when you graduate from college) to 62, which is 40 years for you to only enjoy 16 years. MAYBE 23. 
+
+And even then, these so called “millionaires” aren’t living lavishly. It’s not like you’ve spent decades saving and investing and now you’re eating caviar and driving Lamborghinis. Most of these people live on like a $70k life style at most.
+
+And with inflation, a millionaire in 30 years is nothing. 1 million in 2052 based on 3% average annual inflation is equal to today’s $412k. 412k/16 years is only 25k a year. Imagine saving your whole life and then living a 25k a year lifestyle. 
+
+Just makes me wonder if it’s worth it. You spend MAJORITY of your life not enjoying anything because “you shouldn’t buy a nice car because you should invest that since 50k car invested is $872k in 30 years based on 10% growth”… you retire at 62, say you live till 78 that’s only 16 years of life left and that’s assuming you won’t have any illness like cancer or surgeries or any diseases.
+What do you all think about the 4 factors? 
+
+I know there should be a fair bit of buying pressure coming from the Russell 1000 index especially from the ETFs. I believe this alone will cause at least a 5% positive movement.
+
+
+I think we will see the T 21 spike come because the FTDs always have waited for the incoming price movement, mentioned above to be completed, they will try to drive the price down again once it settles. They have one last chance to break these rules. Why?
+
+The implementation of Rule 002 will mean that the fckery that has been going on, for the most part unhindered will have to stop now. Now there is a rule against it. Simples.
+
+I see that THE STOCK THAT I LIKE has become fashionable on THAT SUB once again. This is positive for price no matter the reason for its regained popularity. Whether they have been reading the DD, watching the ATM share offering disappearing in a puff of smoke (5 days), are excited by the points above or a post just got a lot of traction, the fact is they've 10 million members.
+
+I think the THAT SUB factor is crucial as it will drive a human instinct that 10 years of training in a Shaolin Temple cannot crush. 
+
+#FOMO
+
+
+There will also no doubt be a large hit rate on other social media platforms as this craze begins to recraze. I believe however that there may be an almost unstoppable force about to help us smash through a fair few resistance levels this week and I'm not a mystic, but $483 is definitely within my sights within the next 2 weeks. I also believe that if we do get anywhere near $483 with all my DIAMOND HANDED ( March 10th hardened) HODLERs that we may just have reached the event horizon.
+
+
+This is not financial advice. I'm currently inhaling the steam from a cauldron full of green crayons roasting on a fire under the railway fridge under which I reside.
+I recently moved states and it’s time to rethink our estate plan. I never liked the way our trust was setup where we had a trustee manage it until the kids would get a lump sum at a certain age, but the lawyer we worked with didn’t really have another tool in her toolbox. 
+
+Ideally, the money we leave them would be given to them at a safe withdrawal rate each year so it never runs out. My idea is that instead of them getting a lump sum at maybe 25, they are getting a few thousand dollars a quarter for the rest of their lives. Not enough to change their lives, but enough to give them a safety net, cash to invest, etc.
+
+Is there a way to setup a trust like this or is it a different entity? 
+
+I’m also wondering if something like this would be worth it for someone like me who may not be as FAT as others here. I’m in my early 40s, have 4 kids, and about a $10M NW.
+There has been lots of discussion about education for school-age kids on this sub but not as much about younger kids.
+
+What are the best ways to invest in educating kids between one and five years old? Say with an annual budget of no more than $75k per kid? 
+
+Annual pass to zoos and museums? Picking the right preschool? Tutors? The right nanny? Stay-at-home parent? Travel? Art supplies? I feel like there must be some outside-the-box options that people in big cities are doing that I have not even considered.
+
+Or maybe money doesn't really help at all at this age, and reading to them and being present is the best advice?
+I'm looking for the most cost effective way to transfer multiple hundreds of thousands of dollars sitting in Europe to the US. The cheapest seems to be buying bit coin and then two days later selling it, but I'm not too comfortable with that. Any better suggestions and what is a reasonable percentage I should expect to lose due to the transfer (crappy exchange rate, fees, etc.). 
+
+How are people who how houses in multiple countries handling this when they need to move money regularly?
+Hi, could anyone recommend a product that can be invested for your 4% per annum withdrawal but can also be liquidated quickly if there's a fantastic cash property prospect out there or a large unexpected expense (medical, legal etc.)
+
+I'm thinking of something which I can put $1 million into but can be liquidated quickly (or can be borrowed against quickly) should I require the cash in a matter of days.
+
+thanks
+"Houston we don't have a problem" - *Tom Honks, Gravity.*
+
+NASA successfully launched 12 hours ago and is currently sitting at 500k MC with a good upward trend beginning to form. Second leg up is just around the corner. 
+
+Team is super based and all trying to live out their life-long dream of going to space. Website and graphics are all super clean and this all seems v profesh.
+
+Here are some details:
+
+\- 🚀 Coinmarketcap discussions have already begun with a potential listing coming as early as in the first TWO weeks. Expect a Coingecko listing even earlier!
+
+\- 📰 Our marketing campaign is ready to be rolled out. Just imagine what we’re capable of when we start broadcasting to the masses
+
+\- 🌐 App development underway 🤫
+
+\- 📹 Marketing Strategies are being developed with a number of Influencers, and designers on board
+
+\- 💎 Audits will be happening very soon
+
+Here at $NASA we're focused on one thing and that’s to step foot on the moon AGAIN. The question is, will YOU join us or will you be on the outside looking UP 💫🚀
+
+Tokenomics
+
+• 10% tax (5% to LP / 5% to holders)
+
+• 5% burnt
+
+• Full transparency = Fully Doxxed Dev and global team active on TG & Discord
+
+• LP Locked to MAX (79 years)
+
+• Renounced Ownership after Launching (SAFU!)
+
+🌐 Website - (nasatoken.net)
+
+📄 Contract - \[0x70CF8d40A3D0F7BC88077Ba7D103050d0001A653\] ([https://bscscan.com/address/0x70CF8d40A3D0F7BC88077Ba7D103050d0001A653](https://bscscan.com/address/0x70CF8d40A3D0F7BC88077Ba7D103050d0001A653))
+
+Become a Nastronaut today!👩‍🚀🚀👨‍🚀
+
+🗯 Telegram -(t.me/officialnasatoken)
+
+💬 Discord - (discord.gg/GNAhVt8v)
+
+📣 Twitter - (mobile.twitter.com/NASAtoken)
+
+📷 Instagram - (instagram.com/nasatoken?utm\_medium=copy\_link)
+
+Questions? Head on over to our TG or Discord ⬆ and one of our fellow Nastronauts, will be more than happy to assist you.
+MicroStrategy has just transferred 2089 Bitcoin ($48 million) to a new wallet for the first time ever, likely planning to dump their bags or to help us get back to all time high 
+
+They’re now moments away from facing the largest liquidation in history. 
+
+[20220613-233750.jpg](https://postimg.cc/2VPcdvZv)
+
+Could it be them just sending their lender more collateral?
+
+I don't know how that's handled, but it's getting close to the level where they are supposed to post more collateral...
+
+
+In other news...Michael Saylor posted this on twitter, “MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. MSTR has 115,109 BTC that it can pledge. If the price of BTC falls below $3,562 the company could post some other collateral”.
+ 
+
+[twitter source ](https://twitter.com/saylor/status/1523996525151539203?t=wL8b2iKyL7-AQOGscDPUiw&s=19)
+Edit: Thank you all for your kind words and advice. My father's accountant has contacted me and arranged meetings with my father's financial planner. For all those who offered their help, thanks a lot but I'm actually in Australia so I don't think there is a lot you can do, but thanks for the offer. 
+*updates at bottom*
+
+So I went against my instinct and jumped into $PLTR calls this morning at opening bell. Now mind you it was -11% premarket, but I kept hearing all this buzz about earnings so I bit the bullet and gobbled up $20,$21,$22 and $24 calls for this week. 
+
+Best. Decision. Everrrrrr! It closed at almost $21 today! From pre market to closing bell it swung like 25% in total. I’m up like 650% on each of the calls 🤯 
+
+Now I’m just nervous for tomorrow. Every time I feel like I should sell my calls, they explode the next day. 
+
+Wait I just had an epiphany!! So if I did go against my gut this morning and it worked, I think I’ll go against my gut and not sell them yet👍
+
+Anyway wish me luck lol $PLTR options I feel like are gonna go crazy all week so def keep an eye on them or jump in if you feel courageous enough lol. And congrats if you got some of the cheap calls before today!!!
+
+*EDIT*
+Lol thank you for the claps and congrats. But. For the record I don’t have any day trades left!! That’s the ONLY reason I haven’t sold. The calls were up like 1200% maybe 15 minutes after I got them. If I had day trades I woulda sold it off at that point lol. I’m not thattttt greedy haha.
+
+*Update:*
+Sold the calls at opening today! Obvi profit dropped a bit, but still made it out with awesome profits overall. Waited a bit after the morning sell off and then purchased calls for next week. Was up on those, but as of writing they’re back to the price I paid.
+So most if not all gyms require to give them your routing and account number for the monthly fee. That’s some BS. I don’t like giving any company express power to reach into my pocket.
+
+Are there any gyms out there that you can pay the monthly fee with a credit card?
+
+And if there aren't any, why hasn't someone invented a new gym franchise that does? Seems like a much desired feature in the consumer market.
+Our mortgage went up by about $80 last month due to a tax and escrow adjustment. We didn't notice and our normal automatic payment was sent as usual. This month we got a notice of delinquency and our credit scores both dropped from over 800 to the 600s. We didn't miss a payment, just ended up being short on one month due to the change. We have been preparing to apply for a HELOC so this is pretty bad timing.
+
+What can we do to undo/mitigate the damage?
+Its because people are stupidly buying cryptocurrencies based on hype with little to no research. Dogecoin?? Really? Downvote me for all i care but dogecoin is a shit coin, it is years behind the majorly developed coins like ethereum. I can name you 10 other coins whos value is shit. So if you made money on it, good for you. But if you want to last in the cryptocurrency investment sphere, you need get the fuck out of that position. Look at every bullrun we had the past 7 years, and check the highest market cap coins during those bullruns. 80% of them failed. 
+
+Remember, emotions are you enemy in any investment sphere. If the coin you hold have little to no development and no good institutional backing. GTFO of that position. Dont hold it cause you think it will "moon" for no apperent reason.
+
+Take tenx for example, the company ditched everyone and closed shop, yet their coins rose during the bullrun we had the past months. Does that make any sense? A company which does not exist anymore had its tokens rise double their already worthless value?
+
+Sure, buy some shit coins, just remember that its a gamble. With odds close to winning a lottery. Do you really want to YOLO a majority of your savings on a lottery?
+
+Why not invest in Crypto market in a way that reduces your risk, increases your return and help reduce the amount of shit coins that keeps killing every novice crypto investor?
+
+----
+
+To make it clear, when you invest, you want to create a diversified protfolio with the highest RISK adjusted return. Does that make sense?? 
+
+= So, to all the would be crypto investors. You need to follow the fundamental investing strategies, to help protect your capital while you grow it. If that is not your goal, you should just hit the casino. Some games have better odds than investing in shit coins.
+
+
+1) build a diversified portfolio. Diversified means the lowest correlated assets possible.
+
+2) choose your portfolio allocation based on your acceptable risk. I personally would not accept to lose more than 40% of my portfolio, even if i stand to gain more than a 100%. Because if i lose my capital, then am out of the whole investment game in the first place.
+
+Example: 25% crypto with high development rate and high partnership acquisition rate, 25% stable coins generating 8%~, 25% real estate or reits with low mortgage securities generating 4%~, and 25% in dividend aristicrats generating 2%~.
+Such a portfolio would cap your drawdawn (expected maximum unrealised loss) risk at 30% or 40%. But will theoretically have unlimited maximum gain. 
+
+3) choose your assets based on real world data. Financials, risk metrics, management team, history, development rate, partnership rate, community engagement, etc etc. Not on hype. 
+
+I can go on and write a huge post explaining how to really invest. Not gamble. And i still wont scratch the surface. BUT, If you dont learn how to invest money, EVEN IF YOU MAKE 10 MILLION, you will lose it as fast as you make it. I need you to understand that.
+
+So start by investing coins and assets that carry high intrinsic value (read, not dogecoin), as mentioned in point 3, start by doing those. And make sure you apply point 1 if you dont want to lose 70% of your portfolio value by sticking to cryptocurrencies only.
+I am a crypto trader like many of you are and today my bank called me to tell me to cease all my activities immediately.
+
+I trade crypto daily using centralised exchanges and peer2peer exchanges, i trade purely for myself as an individual to build up my personal portfolio. This is also my only income at the moment. I'm not bragging but my volume is quite high (I wont share specifics for obvious reasons).
+
+I use one bank for my crypto activities and another for my day to day life (bills and stuff). The bank I use for my crypto trading is called Rabobank, this is a dutch bank. Today a lady from this bank called me to ask me to stop immediately with what I am doing or they will block my account. This because the activity on my account seems more like business related (there is a lot of activity due to arbitrage between exchanges etc). I asked them if in that case i could switch to a business account (even though I am doing this as an individual). They told me they do not open accounts for crypto related businesses....
+
+This is not the first time a bank has called me regarding my crypto activities, but this is the first time they told me to stop it. On previous occasions the banks would merely suggest that crypto is high risk and maybe not a good idea. But this bank just blatantly told me to quit what I am doing. They basically told me to stop making a living the way i am doing it now. I do not know how you would react to that but that one really triggered me and i told the lady what she would say if someone would call her and tell her to quit her job(maybe a bit childish but i was really triggered)?
+
+I was under the impression that I live in a country with lots of personal freedom (the Netherlands). But if it is up to Rabobank they would gladly impede on this personal freedom of mine to do whatever I want with MY money (as long as it is not illegal) by excluding me from the banking system.
+
+I know this seems like a rant and maybe it is but I am very pissed of at this. I can not believe that they had the audacity to tell me and force me to spend my money differently.
+
+I contacted several lawyers, and the basic gist is that banks can do whatever they want. With the new anti money laundering rules in Europe banks are under pressure from the government to do their due diligence. This legislation comes at the cost of people like me, people who make money in a non traditional way. I am basically guilty until proven innocent because the bank does not have the capability to check wether all my transactions are legit or not.
+
+This move from Rabobank has me a little bit worried for the future of crypto in Europe. While they are not prohibiting crypto so far, they are making it limited by allowing banks like Rabobank to just cancel your activities because you trade crypto. And I know that I am a major minority(in the way I use my bank account) but while I am not doing anything illegal i do not understand how a bank can prohibit me from using my money the way i see fit.
+
+​
+
+EDIT: to all the people saying just switch banks, you are correct i can but it will not solve anything, maybe not today but in a year or two they will also call me with the same message. It is about the principle that all banks in EU are allowed to do this, to treat you like you are a criminal with no evidence.
+
+EDIT 2: Thanks for all the awards!
+
+UPDATE: Contacted Triodos bank (in the Netherlands) and explained my activities. They told me that they will not accept me as a customer because they can not trace crypto transactions (lol) and bitcoin is bad for the environment due to its energy footprint.
+The markets handed a tough lesson this week to many options traders. Some may never return, most  will be licking their wounds for weeks or months, and a very few will take this as an opportunity to trade the carnage. The lesson to learn is not about your trading strategy or indicators, but risk management.
+
+I have worked as a market strategist for the past 15 years alongside a few thousand retail and institutional investors in foreign currency, futures, equities and options. A common experience amongst self-directed investors is a repetitive string of small winners, followed by a few big losses that wipe out weeks or months of gains. This is because the common theme with successful traders isn’t their strategy or which indicators they use, but rather their process for risk management.
+
+There is no shortage of empirical evidence and studies, examining how humans skew our view on risk and reward. Research shows that accepting a loss is viewed to be twice as painful compared to the same amount of gain. This leads to the behavior of hanging onto losers far too long and closing winners far too soon. 
+
+The reality of investing is that there will be losing trades and one must first accept this as a fact. In my experience, it is the pursuit of preventing small losses that ironically triggers some of the largest losses. We may have all experienced having a small loss, adding to the position with the hope of getting back to breakeven, only to have the position decline even further into a larger loss. Unfortunately, some investors will compound this habit, resulting in a total account blowup or loss. This begs the question; how do we trick our brain into turning this around?
+
+To help with this quirk of human nature, professionals turn to a rules-based approach. First, there needs to be a decoupling of the concept of winning trades from being profitable. While the two are correlated they are not bound together. Most investors that struggle, make the incorrect assumption, that if they just win more often, they will be profitable. However, evidence shows that it is far more likely that a few big losses are typically what pushes accounts into the negative. To this point, the primary focus of investors is not to prevent losses in the first place, but only to prevent large losses. This can be achieved through discipline with the help of trading tools such as stop loss orders, option strategies with limited risk, and never risking more than 2% of your account per trade. Moreover, it is best to never add risk to a losing position.
+
+Trading is an infinite game, not a finite game, yet 95% of traders still try to "win" every trade. There is no such thing as winning in trading, when you focus on the wrong goal, that's when you spin your wheels and get nowhere.  If you don't understand this, do a quick google search on "finite vs. infinite game".
+
+Take this lesson into next week, if you're in a losing position on Friday's close and "hoping" to get yourself back to breakeven next week, think twice if it's worth blowing up the rest of your account for it. Or do you take a loss and regroup?
+To be honest, with the covid WFH changes there has been huge savings from what you would have otherwise spent on travel, fuel, parking, coffee, food, clothes and more ...now that's several thousand dollars a year. And we've literally been in lockdown close to a year by end of year. How does that change your perspective when going back to work? Would you express a preference to continue to work from home for these savings? Or being able to live or buy at a place where you can afford ? Or even just limit going to city to maybe a day or two? The amount saved could make a difference wouldn't it? Thoughts on how welcome do you feel the going back to normal would be ?
+Hi all,
+
+Hoping for some guidance. My mother is trying to decide whether to quit her job today or if it’s better she take her 3 months long service leave and annual leave before quitting (tax-wise). The only reason she is quitting is because her workplace have introduced a new ‘no dogs allowed’ policy and she has a quite elderly dog who has been going to work with her every day that suffers severe separation anxiety. 
+
+- My 66.5 Year old mother, widowed 
+- Currently working almost full time for a charity (salary packaging) gross fortnightly pay is $1,847
+- Receives around $250 per fortnight in aged pension 
+- Has a home loan owing 40k (value approx 600k)
+- Studying part time online (accruing HECS debt) 
+- Only a few thousand dollars in super (already withdrew the 10-20k in super she had and put it on the mortgage when she reached the age she could do this)
+
+Should she take annual leave and long service leave before resigning? Or is it better to quit and get it all paid out? Tax-wise?
+
+She doesn’t want to retire, but until the dog passes away this is the situation (he’s 15 years old)!
+Hi everyone,
+
+I learned investing stocks from ASX\_Bets and I started from November 2020, last year.
+
+As 8 months past from my first investing, I have a question for my self.
+
+Am I doing it right? 
+
+My current holdings are:
+
+ASIA, VAS, HACK, TLG, Z1P, VML, NVX, RBL
+
+I've invested total $27K($11k in ETFs $16k for the rest) and now it's -4%...
+
+and of course My ETFs are outperforming the individuals stocks (except NVX)
+
+Plus I have to say that I love the dividend from etfs....
+
+I have a strong belief on potential growth of my individual stocks for the future,
+
+but I keep thinking 'what if I started all my $27k into etfs?'  
+I feel like I'm lost...
+
+Please give me some advices because I know there are many smart people here not like ASX\_Bets...
+Virgin huh... who would have thought!
+
+So, some uncertain times ahead and many people thinking that this is just the start of a relatively depressing snowball effect in which no one knows how big it’ll be!
+
+Despite that - what’s (in your opinion) the likelihood of what/how we’ll claw back from this?
+
+I have a lot of friends working in trades and they are actually surprisingly busy - but worry that “winter is coming”
+
+These guys are salt of the earth people and honestly just live off a work hard and honestly mentality
+
+They are hoping that (yes I know we hate property investors here) because construction is such a strong resource in Victoria that it may get propped up further by government
+
+Also - opening the flood gates on immigration and allowing those to move and live here more freely- perhaps forever changing the landscape of Australia
+
+Further, if NZ and Australia really do so well out of this- that the desirability to live here may even become stronger?
+
+
+Anyway - what’s your two cents?? How as an economy are we all going to spring back?
+I’m thinking about buying a second house. I’ll have more than $500k in income this year and expect a large tax bill. It’s a weird situation, but I would live in the house for a year, then move back home and only come to visit for a couple months a year, possibly renting it out when I’m not there. 
+
+Are there any ways to reduce my tax burden with this investment? I asked my accountant just now, but thought I would throw it out to the FAT crowd. 
+
+It’s Florida, and I would work at the house if it matters.
+
+Edit: the house is about $700k and I’m probably going to get it anyway. Just seeing if there is anyway I can reduce my out of pocket cost. I’ll be making a cash offer. Thanks for all the feedback you guys.
+As part of our estate planning we put all our accounts under our trust, and unfortunately our bank prints the checks with the name of the trust “the blah blah trust” at the top and then our names.  Even though you don’t have to be loaded to do estate planning this way, I still feel like it gives off that vibe.  When I need to write checks for contractors etc I’d like to just have my name on it.  Maybe set up a separate non-trust account that I don’t keep much money in but it can draw from accounts that are under the trust?  I don’t want to have to make manual transfers frequently.  Any other suggestions?
+Novice here  I've been wheeling the likes of FCX, SOFI and CLF till eventually all of them were assigned but I am having troubles selling calls for any meaningful premium (at or above cost basis) especially Sofi. 
+Am I doing things right? Do I stay the course? Do I change my plan?
+Weird title name lol. So I want to start doing some credit spreads, however, I'm new to trading (let alone option trading) and it scares the floop out of me. Even picking absurdly low delta spreads with a max loss of 100 (money I can actually afford to lose) I still fear random stuff happening like getting assigned an immensily OTM option? What are some tips from you guys (and gals) with experience from when you were starting out yourself? I guess an obvious starting point is paper trading first. Thanks in advance, and btw you look great today :)   
+
+
+(Might also be the case that Trader Workstation is a big scary place to start for newbies)
+If I understand correctly, selling puts on margin doesn't accrue margin interest charges so if you wanted to buy a stock on margin wouldn't it be more efficient to instead just sell an ITM put to not get charged the margin interest?
+I'm in the process of doing a cash-out refinance on one of my properties. I was going to roll it into another one, but then I discovered the wheel :)
+
+I guess it really depends on the individual. About me: Passive income is important to me. I live off of it. To make up shortcomings vs my living expenses, I freelance write. 
+
+Someone in another thread  on this subreddit said the wheel was better than rentals.
+
+So what you think, another property or the wheel?
+Noob here. I’m a long term holder and am now interested in options for making some extra money. I like F, if I was going to sell a CSP and am interested in owning it what should I be looking for in a contract? Or should I just buy it? Also would F be a good stock for the wheel?
+So I am researching all sorts of investments for the last couple months and so far I found a wheel on TNA to be the best since you can get like 4% profit a week easily from what I've seen and I wouldn't mind holding those stocks for if I get assigned on my CSP. 
+
+​
+
+But I would want advice for if I should do this since I am only 15 years old and \~$2800 collateral is A LOT of money for me (and my brother and one of my friends who are also into investing and we are planning to put our money together to reach this collateral).
+
+​
+
+What do you guys think of our plan to do this, personally I would want I think I am too young and inexperienced to see the flaws
+It seems that Thetagang strategies are growing more popular at a frantic rate right now. How likely is the possibility that we end up with a situation where too many sellers have climbed on board? Wouldn't this drive down IV to the point where it's not worth selling premium anymore? And do you think we're headed toward that outcome?
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+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
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+**FINAL EDIT**: There are critical support levels of retail buying points. Those are 143 (which was unbroken at the tie of writing), 68, and 38. 68 (8:10 - 8:25 AM today, Feb. 4 '21) has clearly broken as people closed off positions at breakeven and the flood gates down burst open. Another sell off between 10:00 & 10:15 AM coincided with another sell wall at 64-62. I think we'll make it all the way to 30-40 before it'll make sense to start buying long again (you saw what happened at 64-68; the same will likely happen at 34-38 but I don't know where the exact floor is).
+
+The data has been showing, since the 140s, that retail isn't holding. ***The data presented as the cornerstone and namesake of this DD is no longer relevant***. The ratio of volume of shares per sell order relative to buy order appears to be higher than the ratio of buy orders to sell orders. In other words, there may be a 3:1 distribution of raw orders, but the sells are so much more packed that it breaks the ratio anyway. *The situation changed and as more data came to light, I now know I was wrong.*
+
+*I used to be a HODLer* ***until the situation changed***. I lost out on a lot of profit by holding through waning evidence at the 300s, 200s, and 150s, and only pulled at 111—I was able to secure a little bit of profit to make this obsession a bit more worthwhile. At time of writing, the price is 52.60. Even with bullish conviction, this was still a directionally correct move as I can now buy double as much as I had before.
+
+That being said, I think we're in for more downside, and I will not be buying back until we hit the bottom, wherever that may be. ***I'm still long-term bullish on the company transformation and will re-enter a moderately sized position after the volatility settles down.***
+
+**Here's the original DD so you can see how I had brought up good data, but was directionally incorrect in my sprinkled analysis of it. Learn from this like I did, and you'll be more successful in the future.** Furthermore, I will not stop writing DDs because I think the data here is sound and makes sense. What was wrong was the analysis, which can happen to anyone with this many unknown variables. Future DD will take confirmation bias into account and will have higher probability of being on the money.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Today's most traded retail assets on Fidelity were $AMC & $GME.
+
+And you know what people did? They bought a metric fuckton of shares. Contrary to what some of the Reddit Daily thread sentiment (which may or may not be bot-infested hell at this point) & news outlets claim, retail has seemingly not lost any interest in the stock and possibly prevented it from diving further.
+
+Obligatory disclaimer: Mods, for the love of god please let this through it took a lot to write and I know for a fact it hasn't been discussed sufficiently / didn't get a dedicated post yet. Also, I'm a 🦍 and am not financial advisor and this isn't financial advice. This is a synthesis of public available information with autistic analysis like sprinkles on a birthday cupcake.
+
+Disclaimer 2: I am extremely long $GME 🚀🌙
+
+**UPDATE**: my stop loss got triggered and I am no longer long $GME until data changes. The information here has not changed, but the impact and its magnitude may have.
+
+With that out of the way, I present to you,
+
+# Exhibit A: Order Distribution
+
+\~***75%*** of all $GME orders on Fidelity *today, on 2/1* were to *buy* the asset, rather than sell it. Each order can have however many shares.
+
+[https://eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml](https://eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml)
+
+That's just Fidelity. If you're able to check the order distribution on other brokers (like Vanguard or Schwab) please post it below and I'll update this post with your info. Usually this information is displayed on Top Traded Stocks or on the stock page itself under some tab.
+
+There's more:
+
+WeBull is showing a 45/55 distribution on the entire order book. Total Outflow (sells) was quoted at 1099, and total inflow at 996. While this may seem useless at first, consider this: the share price lost ***30***% today, but the order book is split ***45/55***, not ***35/65***. Just 10% of the outflow accounted for the 30% collapse in share price.
+
+# Exhibit B: Volume
+
+[https://www.marketbeat.com/stocks/NYSE/GME/](https://www.marketbeat.com/stocks/NYSE/GME/)
+
+Today's volume was half of the daily average. *Half of the daily average*. And while the price 30% movement may seem scary at first, trending down on low volume is actually a bullish sign. Courtesy of u/weedcomet:
+
+"[https://finance.zacks.com/importance-price-changes-previous-day-stock-market-2906.html](https://finance.zacks.com/importance-price-changes-previous-day-stock-market-2906.html) 'After a strong-volume upward move, if the market moves sideways in conjunction with lower volume for several days in a row, it is a bullish sign indicating that all overhanging selling pressure has been relieved and any buying could spark a strong price rise.'"
+
+In other words, flat or even *declining* on low volume often precedes 🚀 🚀 🌝. Literally any form of significant buying can move the price by a very high magnitude.
+
+There's also been studies done on this phenomena, and correlation was established between sideways or negative movement on low volume and a subsequent increase in price. Feel free to research this on your own accord and post your findings below for all of us autists to read.
+
+# Exhibit C: Why Retail Buying May Return Soon
+
+I'm not a financial advisor, and even less so Nostradamus. I don't know when we'll be able to take advantage of this sideways movement to our benefit. What I do know is that that time is approaching. Considering two major events:
+
+1. Transition from Robinhood & other affected brokers to mainstream solutions• This was likely started en masse on Thursday, before RH transfer restrictions kicked in. It takes 2-5 market days to transfer an account to another broker, and about the same for just slushing cash around. That means, a solid chunk of trades will be able to buy into the market beginning tomorrow and throughout the remaining week.• Many are also in the process of opening up new accounts. These were probably started en masse on Friday, when transfer restrictions prevented people from taking the plunge. A solid chunk of brokers need settlement time for instant deposits.- The instant deposits are capped, meaning whale accounts aren't able to kick in yet. Regular deposits takes 1-2 business days to clear. Beginning tomorrow, we'll start seeing larger retail accounts com online and regain their impact on price delta.
+2. Robinhood bottleneck may or may not disappear this week. Robinhood just raised another $2.4 billion on top of their previous round, which is more than enough to clear DTC's collateral requirements. According to their own statements as of late, this was the primary reason why Robinhood restricted asset purchases in the first place. If you're willing to trust them on that, it means that we shall see a resurgence in volume from remaining Robinhood users in the coming days.
+
+# Conclusions
+
+Putting 1+2+3 together we get a potential recipe for another green EoW. Retail sentiment being positive can translate into higher volume once logistical bottlenecks are cleared and resume ass-ripping activities. HOWEVER, it is by NO MEANS guaranteed, and only the tippy top of the world know exactly what these mfs might pull off in the coming days. Get yourselves ready for either a positive or negative scenario this week / beginning of next.
+
+GME to moon.
+
+**ANOTHER EDIT:** Welcome to the end of the post. I’m proud of you for making it this far in literacy class. I want to respond to all of your comments and questions but automod deletes all but a couple of them. I’ll answer them as soon as they show up.
+
+**UPDATE:** Ok automod deleted a bunch of negative feedback which is WRONG. Also some FAQs that got blocked. The questions were valid so here’s the best I could do:
+
+1–Retail made no dent so what to expect now?
+
+* I don’t know what to expect. What I do know is that retail made no dent because of the bottlenecks mentioned in Exhibit C above.
+
+2–Should I buy now or what?
+
+* I want you to make your own conclusion based on available evidence, not seek confirmation bias. I don’t want to be liable for your money and neither does anyone else.
+
+3–Smart money is leaving and you’ll be left holding the bag
+
+* I have yet to see credible evidence in either the trading volume, SEC reports, or formal announcements from any major institutional shareholder of GameStop that indicates they’re leaving. If you have this information please relay it to me (don’t use comments, you’ll get blocked by bot). BlackRock had to adjust due to internal requirements AFAIK correct me if I’m wrong
+* **UPDATE**: this post shows that more instutitional shares flowed out than in. But, more funds bought in than exited. Make of that what you will. [https://www.reddit.com/r/wallstreetbets/comments/laum38/for\_the\_scared\_little\_baby\_apestake\_a\_look\_for/](https://www.reddit.com/r/wallstreetbets/comments/laum38/for_the_scared_little_baby_apestake_a_look_for/)
+
+4–AMC?
+
+* I have no data on AMC. You should do your own research and make a thread like this.
+
+5–When selling then?
+
+* I have an emergency exit plan like everyone else should. I don’t have the financial capability to let GME go to 0. I’ll keep a small position post-exit just in case. Make an exit plan that aligns with what loss or gain you can stomach. Don’t invest more than you’re willing to lose. Nothing on this sub is financial advice. You don’t have to sell if you can lose everything. I’m probably liquidating my options and doing shares only until further trend confirmation.
+I had some work done on my car at my local mechanic. I've used them before with no issues in the past. Generally I drop off the car, and they call me with the diagnosis and estimated costs to get a green light to do the work. Then when it's complete, they call with the final bill and any notes. 
+
+This time, when they called to let me know the final cost, the mechanic told me "just a heads up, if you plan to pay with a credit card, the credit card companies are charging a 3% surcharge directly to customer now. It's not a charge that we, the business, are putting on there. In the past they used to charge it to us, but now in New Jersey, they are changing the rules and credit card companies are charging the customer the fee directly" 
+
+He asked for a cash payment instead to avoid the charge, but said they'd still accept the CC if I wanted to pay that way. This sounded like total BS to me, and a cursory google turned up nothing about this. If anything, failing to disclose the surcharge prior to doing the work may run afoul of New Jersey's credit card surcharge rules. I assume this is a move to avoid the shop from having to pay a fee/eat the cost. 
+
+I can pay in cash, and though I'd be missing out on my 1% cash back, its not that big of a deal (total was \~$360). I mostly want to know if I'm being fed a line by my trusted mechanic since that would lead me to be skeptical of his other business practices and seek a new mechanic. He does good work at a fair price so I don't want to go mechanic shopping again if I've just jumped to conclusions, but I have to say my BS alarm is going off. Just wanted a second opinion
+http://imgur.com/suQlAWQ
+
+What a great feeling at age 33. Now time to get back to work! And you can tell me to go halfway duck myself I hear that's a thing around these parts. 
+
+Notes: Annual savings rate is 85% of my after tax take home pay: a taxable, Roth IRA, 401k + match, and FSA (some pre some post tax). It leaves enough to cover my expenses and fun stuff. No crazy expenses, no real estate anymore, and choosing enjoyable experience things over enjoyable material things most of the time. I'm a STEM bachelors degree currently in a field sales support role (very enjoyable!) 
+
+That savings rate has been lower, but after lurking here for a while and smashing the keyboard at FireCalc, I found a nice balance to push for FIRE in the coming 5-7 years. 
+
+TL;DR 33 year old mechanical engineering stem grad turned field sales support hit $500k net worth today via saving 85% of total take home pay (via pre and post tax accounts) and will welcome the go half duck yourself comments. 
+
+Edit: Sorry I read savings rate as 85% = (total annual saving)/(take home pay). It appears after some research I should use 62% = (total annual saving)/(gross-tax) [thanks sidebar life!]
+
+Edit: I answered most of the questions in a post below.
+Hi everyone,
+
+The 10-year Treasury yield percentage is determined by an auction and when there's good faith in the market, this results in less people present at these auctions, meaning the yield goes up in order to entice interest in these Treasuries.    
+[That's my understanding based on this article](https://www.investopedia.com/articles/investing/100814/why-10-year-us-treasury-rates-matter.asp)
+
+If the above is true and people are now worried about inflation and the impending rise in interest rates, then why is the 10-year Treasury yield going up?    
+Shouldn't it be going down because people are losing faith in the market (it's more difficult to make a profit if the cost of borrowing and general goods is going up, hence loss of faith), meaning more people are flocking toward bonds, which in turn would drive down the yield percentage?
+
+Or, have I just misinterpreted the situation?
+BTC maxis are unlikely to be on this subreddit unless they are looking for a fight. But I'm still here and have the most conviction for BTC. It's the only coin I've never sold. BTC seems distinctly different in its value proposition from all other coins.
+
+But with that said, I like that my conviction is challenged here. It seems to help me further educate my stance. I want to know the arguments against BTC and the developments in other chains. It's wonderful how intelligent some of the members are. I really benefit from the BTC OG adopters that have kept an open mind to the rapidly evolving world of crypto.
+
+But the toxic BTC maxis and their antithesis create some unique dynamics. It's often difficult to have constructive conversations with either party. I want criticism of BTC that is rooted deeper. A lot of it is spite for maxis or arguements validated based on price movements.
+
+Are there other people here like me? How many of you are almost 100% BTC and still have very high conviction?
+So, I've finally been offered a job! It's a subsystems engineer position, and the pay starts at 60k, 75k after overtime, and 90k when you add in all the travel reimbursement and $55/diem. The benefits package is quite extensive.
+
+The job requires 60-80% travel though. I think it's really neat and exciting, but I'm worried how I would get a permanent place to live if I'll be travelling most of the time. They do pay for relocation assistance.
+
+I'm gonna ask my contact tomorrow about that, but generally speaking, how would I find housing in this situation? Surrounding areas are quite expensive and if I get an apartment in the area, I won't be using it most of the time, so it's a huge waste in rent.
+
+Thanks!
+
+Edit: Please stop suggesting me to live in a van or RV lol, at least if I have an apartment, I can have people over occasionally.
+I remember few years ago hanging with my friend who was showing me crypto. I saw a list of the most active crypto with BTC trading at around 2k I believe and ETH at 100. I was an idiot and told him how I wasn't sold on the world of crypto, but that was when I was a broke student and now I hold a good amount of crypto. The reason I ask this question is the top 100 was nothing like it was today. I remember him talking about Ripple like it was the next big play, but now no one talks about it.
+
+My question is more directed to coins that had an immense amount of hype behind it and now you rarely hear about it or simply it became a failed project. I believe this question is a good one for people to have an understanding of what to look for or how not all projects survive after a bit of time.
+Earlier this week I saw a post arguing for why reddit is designed not to show you hidden gems, well, let me try and change that. Full disclaimer, I have $100 bag worth of each of the following coins, but I really do believe that they have potential to make you/me some good returns. I will keep it short, so do not consider this as DD, it is more of a summary that I would mention to a friend.
+
+First one is:
+
+QANplatform $QANX: It is a quantum resistant blockchain that is developer friendly (you can program in any language), easy to migrate to, supports Solidity code as QANplatform is fully Ethereum EVM compatible. But it also supports building Smart contracts, Dapps, Defi, NFTs and other cryptocurrencies on the top of the Qan network. Their test net launched recently and their market cap is still small, around $60 Mil.
+
+​
+
+https://preview.redd.it/gspetwdcyiz71.png?width=1552&format=png&auto=webp&s=445e91b8736b600d5ad7eb02f9ade69b7e2458bc
+
+​
+
+https://preview.redd.it/w6snnlhfyiz71.png?width=1553&format=png&auto=webp&s=9eec2380302f60a7e293779b44646e0e003ecaab
+
+This is how the token is used
+
+​
+
+https://preview.redd.it/ek1svpviyiz71.png?width=1514&format=png&auto=webp&s=8a332d1f314418bbc986e21a143a5ebf8352fb8f
+
+And they are not on a big CEX yet, so this also might bring some good cash flow into it:
+
+​
+
+https://preview.redd.it/7uwhymwmyiz71.png?width=1279&format=png&auto=webp&s=dee6099c32243735448aeb8fb19dd0e55b2c1c6c
+
+The only thing I personally view as a negative thing on Qan is the amount of coins the team has. 
+
+https://preview.redd.it/ebu8wjytyiz71.png?width=1384&format=png&auto=webp&s=3cf1e7f39a54bcc199081f3e899146ff9ecfcce5
+
+One final note, the APY for the staking was +%60 last two rounds but I have missed them both. Again, I only have $100 worth of Qan. Be careful to buy it on the BSC network and not on ETH due to the gas fees if you want to buy it.
+
+​
+
+**Then, there is Ponyo-Inu $PONYO:** Let me make this clear, **IT IS A MEME COIN. I repeat, a MEME COIN.**
+
+Nonetheless, many meme coins can go big, but I'm not saying this one will, again I only have $100 worth of Ponyo. Why I believe it has potential is because it is still relatively new (it launched two weeks ago), team incentivizes people to buy by doing raffles, and most importantly, it has an auto-impact mechanism (this means that a percentage of the transactions cost gets donated to a charity, this has exceeded $500K already). Two last things, the team is going ham on the marketing (was featured on the YT channel of Altcoin Daily which has +1M subscribers and on tons of twitter accounts), and it will go on a centralized exchange tomorrow:
+
+https://preview.redd.it/3qajdz020jz71.png?width=605&format=png&auto=webp&s=15d00f8749fb2d84314717d4f500568d6e078aba
+
+ 
+
+https://preview.redd.it/d8f3mw8e0jz71.png?width=599&format=png&auto=webp&s=821f494ab906c7520776c239d25e03dbfc01f177
+
+*Please, before attacking me or the content of the post, be reminded that I never claimed for this to be a DD, I have very low exposure in both coins, I am only sharing this with you guys because I want you to also benefit from the coincidence of me stumbling of these coins.*
+I make a fairly decent salary while living in a relatively LCOL area in CA. I plan to save and invest a significant amount, retiring around 50-57 years old with around 3m networth roughly.
+
+My current girlfriend isn't too financially savvy, in a low income job (she's searching for a better one), spending most of her money on unnecessary stuff and helping out friends and family at her own expense because she can't help being nice/helpful. She insists on getting married one day and I'd rather not, but if I do it will be on the condition we have a prenup that states my savings, checking, pension, 457/other retirement accounts and inheritance won't be given to her in the event of a divorce. She'll only be entitled to half the net profit sale of my house and child support should we have a child.
+
+I want to keep our finances separate. I'll cover the mortgage, utilities, food, which should allow her to save money. If she decides to waste her money, that's on her.
+
+Divorce can fuck up peoples FIRE goals so hard, I was wondering if most of you feel like me and plan to neutralize that risk or not.
+
+​
+
+Edit:Thanks for your input, you've given me a good amount to think about.
+Good day ladies and gentlemen, this is your host _DEDSEC_ on air reporting the latest dramas and beef that take place on the cryptoverse.
+
+In this episode I bring it to you live in 1Inch drama that has been taking place in their telegram chat for the past couple of hours.
+
+The issue at hand would be the unlock if 214,000,000 1Inch tokens being added to the circulating supply of the project without any announcements in a single day.
+
+>An unlock was scheduled for Dec 31st as per their own site but they seem to have failed to flow it causing investors to be even more worried.
+
+>The Russian telegram chat has been locked due to alleged "bot attack" and the admin states "this fud will not make anyone better"
+
+
+1inch declined to comment on the situation with us but we will make sure to update if there are any developments. Thanks for joining the CryptoDrama enjoy your Christmas.
+
+#Edit: The 1inch team has made an announcement about the issue: 
+
+
+>"The December 2021 1INCH token unlock occurred as planned, which led to an increase in the 1INCH circulation supply. The 1INCH circulation supply data on Coinmarketcap and on the 1inch Network's official website are correct. The 1inch community can refer to these resources for up-to-date data on the 1INCH circulation supply. 
+ 
+>The 1inch Network has no control over the circulation of the 1INCH token on the secondary market and bears no responsibility for any market activities with the token. However, to minimize opportunities for market manipulations, the 1inch Network never revealed a specific roadmap or provided exact dates for token unlocks. 
+ 
+>The time marks on the charts on the website and in the 1INCH distribution blog post were never meant to specify exact unlock dates. 
+ 
+>The exact meaning of “unlocked over a four-year period through December 30, 2024" is that an unlock could occur on any date of each given month of the token unlock schedule."
+Curious to hear about people's experience with the Vanguard Investment and Financial Management services.  
+
+They offer passive for a 0.3% fee and active for a 0.7% fee.  I'm leaning towards the passive.  But even that offers a same or next day live response to any questions, no limit on frequency.  A bunch of tools including automatic rebalancing based on established investment risk profile and goals.  Includes advice on investment vehicles (ETFs, Mutual Funds, Stocks, Bonds, etc...).  Additionally, it offers projection calculators which dynamically calculate new projections based on adjustments of expenses.  
+
+If you've used this service, have you found it helpful?
+Hello, I'm a 25 year old college student that makes roughly $10,000 a year as a student participating in the federal work study program. My friend's said that now is a good time to start an IRA due to how COVID is affecting the stock market. I don't have any retirement plan and have a small amount of savings (under $1,000); I also don't know much about retirement. So my questions:
+
+1. What is an IRA?
+
+2. What is a good amount of money to start with given the previous amounts I mentioned above?
+
+3. What are some safe investments to start with and how can I discern a safe investment? I want to focus on slow low risk growth as I don't have any sort of a security bubble.
+
+4. Can/should I use my tax return as a starting amount for my IRA? I kinda want to leave my savings account alone because it took a few years to save that much.
+in late february i went through and appendectomy at my local hospital. I received a bill about 3 weeks later saying my insurance covered it all, and my remaining balance was $0. A few months later, i was forwarded a bill in the mail (i recently moved residences) for $7,400. I called the hospital and asked about it, they said the insurance went through and i actually owe $7,400. Insurance covered about $10,000 (thank god). I’m a student with extremely low income, and $7,400 would pay for a full year of my tuition. I asked about low income plans and they didn’t seem to have much to say about that, so i opted for monthly payments. is there any better way to take care of this? how is this fair? 
+I have the choice between going home to my parents house for the next 6 months and banking about 20k, or spending the time with friends out west and blowing that money on a car (6k), ski pass (1k), and rent (6k) plus regular expenses. I'm 29, I want to do a masters next year, and I have 60k saved up and I make 57k a year. I've got a decent job as a Learning & Development Manager and good career prospects.
+
+If I stay out west I'll push back a down payment on a home by a year or so, and I'll have to dip into my savings to pay for my second year of school. At this rate it looks like I won't be buying a home until I'm 36. I feel slightly inadequate about that because the peers that I graduated with are buying investment properties already.
+
+I am much happier out west, I've got an awesome roommate and I know I'll have a great time out here. But I'm having major anxiety over the thought of spending all that money that I could just invest for the long term. I already did a 16k Europe trip a few years back and I feel like I'm indulging too much / need to grow up.
+
+What do you guys think? Am I being irresponsible?
+I want my emergency fund to hemorrhage less money from inflation. I also have a vanguard brokerage account. Should I stick my cash in there or open a HYSA?
+Hello everyone. I would like some advice please.
+
+My job makes $9.00 an hour. My aunt wants me to ask for a raise, however, I don't feel it would be right to ask for one. For several reasons.
+
+One: A lot of people are unemployed right now. It's incredible I still have my job at this moment, and I'm what would be considered an "essential worker".  If I lost my job, there is no guarantee I would get another job.
+
+2: We are in a pandemic and while there is a vaccine being created, there is no telling when society will be back to what is considered "normal".
+
+I plan to ask for a raise when the vaccines are fully developed and my state says it has a vaccine at the ready.
+
+Edit: I am disabled and if my pay is too high, that means I will no longer qualify for Social Security benefits.
+
+Thank you all and stay safe.
+I have a 660 credit score with cards pretty close to max currently. 
+
+I also have a large inheritance payment arriving in mid January. The rest of my savings from previous installments has been used to pay for college.
+
+I am trying to get just $1,000 or so for a mere 30 or 40 day period. I’d be willing to pay back $1,200 or more upon receiving my inheritance installment.
+
+Any suggestions for someone like me looking to get a small short term loan?
+Hi all, 
+I’m a new user here and was just seeking some advice. I’m in my mid-twenties and have about $10K in credit card debt. I plan to have it paid off by the end of the year, but was wondering about what to do after. 
+
+The average APR of all the cards are about 26.28%
+My score is low 600s now, but will peak ~780 once all the debt is paid. 
+I’ve never missed a payment or had collections/derogatory marks. 
+
+My oldest account is about 6 years old. 
+
+I was wondering once all the debt is paid, should I close the old cards and attempt to reapply for a better/lower interest rate?
+
+I don’t plan on going into debt like this again as it will be better managed but I wanted help deciding should I just keep the current cards or close them and try for new/better ones. 
+
+TIA.
+I'm talking about things like Art, sculptures, jewelry, etc... Not something like a house or stocks and bonds.
+
+My father has at least 60% of his net worth in non liquid assets like art and jewelry. Why would people do this?
+Question is where to move money from previous employer 401k?
+
+I have just started a new job and I have 250k in my previous employer's 401k plan.  I am paying 0.71% fees on the funds on that plan so I need to move the money.  The question is to move it to my new employer's plan which based on my portfolio there the fees would be 0.0425% or do I move it into an independent plan not tied to my employer, e.g. Vanguard.  I am not looking to move it to any vehicle that I need to pay taxes on at this time, and have a wide range of investment options at my new employer.  That said I would like to retire in the next ten years at 50 years old.  I have about 350k sitting in investment accounts outside of my 401k which I will only pay capital gains on when I need to liquidate in retirement.  Should I be more strategic with where to move this money based on my desire to retire in about 10 years?
+I am extremely wary of financial advisors, even when acting as a fiduciary. I have not encountered one worth 2% of Assets Under Management. My brother and my parents use a financial planner that has not returned even the market average over the past 5 years, never mind earning back their own fee. They both claim the planner keeps them focused and from doing anything irrational, and there is benefit to that, but I don't need to give someone 5 figure check each year to keep me from doing anything crazy. I'm not a single stock buyer, I don't believe in crypto, etc.  
+
+​
+
+However, my wife and I have now achieved, well, not financial independence but we have gotten all of our ducks in order and are making progress; only debt is mortgage and small car loan; both under 3%. We recently came into a windfall inheritence (see my history asking for help last week). 
+
+I feel like I have a really good grasp on the things people need to do in their 20's and 30's to get themselves on the right course, but now I am lacking in planning for my 40's and 50's. I don't entirely understand how to, potentially, retire early and not deplete our investments.  
+
+I am feeling like I need a financial road map for the next 10 years and I would be willing to pay for professional guidance (setting up accounts and a framework of what to do, how to check ourselves in short and medium term, come up with realistic 10+ year goals based on where we are today, explain different options and their tax implications, etc.).  
+
+Once you get the basics squared away, it's a whole different world of anxiety trying to figure out how to preserve and grow wealth, how to shelter it, and how to make sure the money is working for us and not against us. 
+
+​
+
+Your thoughts and opinions appreciated; am here to learn and participate in civil discussions.
+I recently retired early (57F).  At the time we saw a financial planner and he reconfigured my $500K 401(k) from 100% equity to 50% Vanguard money market, 25% Vanguard equity funds and 25% Vanguard bond funds.
+
+Everyone says to "buy the dip."  I am still afraid to look at my 401(k) balance, but if shares in the equity funds are way down, shouldn't i take 10-20% of my money market fund and buy one some shares of the best undervalued Vanguard equity fund(s)?  This seems like a golden opportunity.  My thought would be to rebalance everything again in 6 months.  
+
+I would love your advice/thoughts.  Thank you!
+Recently I've been reading a biography on Charlie Munger, and after learning about him going through a divorce and losing a child at the same time in his early 30s, it's apparent to me that you can truly do what you decide and set your mind to!
+
+Yes Charlie Munger is brilliant and his career choices as a lawyer/real estate/personal investor set him up to be a great all around businessman, you too can find a way.
+
+​
+
+I wrote a post about some in my family being incredulous about becoming a millionaire. I refuse to let that stop me! [https://www.dukeofdollars.com/lifestyle/i-will-become-a-millionaire/](https://www.dukeofdollars.com/lifestyle/i-will-become-a-millionaire/)
+
+​
+
+By planning your finances and making those small habits add up over time, you can grow your nest egg little by little, bit by bit, all while compound interest does the rest.
+
+​
+
+Avoid credit card debt, reduce spending, and take advantage of tax advantaged accounts when you can - you got this!!
+As the title says it all I’m a male in the service industry at the moment working 30+ hours a week.
+
+I was you and reckless (but also kicked out of my house) and tried to go to college on my own and made some piss poor decisions on my end that I can’t take back and I know that. I have 2 maxed out credit cards and I’m trying to figure out how the hell to get the ball rolling to set myself up better for the future because I fucking hate serving.
+
+I am going back to school for computer science  because I am able to get grants this time around and told myself no more loans. But I am stressed and living check to check and know that’s part of the grind but I am willing to take any advice to better help this process. I hate feeling broke and I hate that I did this to myself.
+
+I just started at an hourly 9-5 mon-fri.
+
+I don't have access to a car currently, but this won't infringe on my travels to get to work, more or less I just can't use it as a source of income.
+
+In a few months I will be living alone, and my current pay probabky won't cut what I need to live comfortably and definitely will not allow me to save anything 200-400 a month on top of my current pay.
+
+The most obvious answer is a second job. I'm currently looking for one, but I fear not being able to find one that allows for the hours I would be available. I've worked until after 6 o'clock at my job, which does offer overtime, and many stores and resteraunts are only open until 9.
+
+Is there any way that I could easily make money otherwise?
+I currently have $2k in a few different non-dividend stocks. They aren't doing well so I plan on holding. However, I would like to start a dividend portfolio, and now is the perfect time to buy I feel like. I am only down $112 in total and this $2k is basically my life savings, I am only 21. **Would it be stupid (in your opinion) to sell at a relatively small loss and start building a dividend portfolio. OR should I wait until they recover, sell and then begin building my dividend portfolio?**
+
+I feel like I didn't initially invest in a very intelligent way and now I just want to get my money out before it gets worse, but I know how the market works and that it will eventually recover, especially since they are good companies. I'm just looking for your opinion, it goes a long way thank you!
+
+​
+
+Edit: I have a Roth so this question only pertains to my individual account. 
+
+TL;DR: I have current investments in DOCN and AMD 50/50, and now that I understand the market better I know these are bad investments at my current POS. What would you do?
+Hi all. I think ARCC is a strong buy right now and would like to see what others think, I don’t have a strong bear case for them that isn’t just an overall market bear case, so if someone has one I would love to hear it. Below are my thoughts
+
+—————————————————
+
+**About the company:**
+
+ARCC (Ares Capital Corp) is a BDC and the largest and (imo) best one in the country. They have a fair value of about $21 billion (and market cap of $8.5B), with 452 companies and 215 different equity sponsors. [Link to their portfolio page](https://www.arescapitalcorp.com/portfolio)
+
+They have almost all US holdings with 4.7% being international. Largely invested with middle market private companies. 
+
+Their US holdings are spread all around the country with the majority being out west (33.8%)
+
+Their two most heavily weighted industries are software & services (22.8%) and healthcare services (10.5%) with the remainder being spread across a wide variety of industries. See the link above for a list of every company they are in business with. 
+
+—————————————————
+
+**About the stock**
+
+They have a 12% total annual return (with dividends reinvested) since their IPO in 2004. 
+
+Currently the stock sits at $16.80 a share with a price/book of 0.93.
+
+They have a $1.72 annualized dividend paid quarterly, for a current yield of 10.2%. With a payout ratio of 77% 
+
+Since IPO the share price has remained very stable hovering up and down only slightly. The two exceptions being 2008 and 2020, due to the housing crash and Covid, from both of which it recovered to its pre-crash price fairly quickly.
+
+
+[Link to their Feb 2022 10k](https://www.arescapitalcorp-ir.com/sec-filings/document-details/default.aspx?FilingId=15542164)
+
+
+Disclosure: 637 shares @18.75
+ Hi all!
+
+I'm currently 35, married, and our first kid is due in November. My wife makes $90K + incentives at her job. I make about $300-400K running my own business. My wife doesn't care about investing so I have have her buying VOO every week.
+
+I'm much more interested in investing. I made a couple bucks in 2020 when the market was bonkers, but now I really want to get serious about it. I starting DCAing into VOO in mid Feb. along with QQQ, SPYG, and SCHD. I simply thought tech rules our lives and it should be a good investment. I learned quickly that the stock market doesn't work that way. I was investing $250 into each weekly, but in mid May I started putting the whole $1K towards SCHD to slow the bleeding. Now that QQQ is down 30% since it's high, I'm going to go back to spreading it out. I sold SPYG for a loss and put the money 50% into VOO and 50% into QQQ. I'm now doing $333 into VOO, SCHD, and QQQ. My business takes up most of my time and I'd like to just put this on auto pilot.
+
+I'd like to eventually retire in 10 yrs, most likely 15, and live off the dividends. We bought a duplex back in 2016 and live in the first floor unit. The rent and write offs pretty much have us living here for free. We'd make about $1K/month after expenses when we rent out both units. We're hoping to purchase a home with our first kid on the way, but might have to wait out this market a bit.
+
+What do you guys think ?
+Ive recently been researching dividend investing and have been sold on the concept for my retirement accounts (Roth IRA, Roth TSP). Obviously there isn’t any taxable event for dividend payments i receive until way in the future so it makes it pretty simple to understand returns. My question is does having a dividend based account in an ordinary brokerage account greatly affect returns in the longterm? Because the dividend yield of the stock on paper isn’t the same after the tax effects are taken into account. Do all these taxable events hurt returns in the long run when compared to just having a traditional growth stock strategy?
+
+I apologize if this question has been asked before as I’m relatively new to this page but I appreciate any advice thrown my way!
+I was reading Barron's and ran across MPW, they operate hospital across the globe. Pay a .29 dividend 10% 
+
+Price is 11.15 down for the year, what do you guys think?
+When building a portfolio, do you just go for monthly divs, Quarterlies, Annuals, or some kind of mix? If so, what do you have as the heavier side? For my setup I have 30 stocks of monthly and 30 stocks in quarterlies with 10 in each month. But my overall money is spread in a 1:2 ratio from monthly to quarterly.
+
+Edit 1: A few comments thinking I have 70 holdings, I have 60.
+
+30 monthlies and 30 quarterlies, 10 of those 30 in each month. Idk where 70 came from, lol.
+I am brand new to dividend investing and will be selling off a portion of my growth stocks in the near future and am hoping to reinvest them into dividends. I have been looking into investing in SCHD, VOO and VTI but have been considering SPY as well for a growth/dividend stock and wanted to get opinions on if this will be a good investment or not. Open to other suggestions too. Thanks in advance!
+How will the new stimulus impact your plans? I plan on using a chunk to invest in QYLD and O, as I’ve seen those thrown around here a lot and already have a handful of QYLD shares.
+Hold a couple of the defense companies and LMT earnings today were unexpected and the stock price drop along with others in the sector is painful to watch. The question is to add with the sale or wait to see if the resolution to the supplies headwinds begins to resolve. Any fellow defense sector holders have a plan for their own portfolio?
+I know enough about dividend investments to know that I don’t know enough. I am thinking of hiring someone that can help me get started. Has anyone ever worked with a  “dividend investment specialist” or a brokerage firm that offers help in this area?  If so, can you share your experience? Was it worth the time and money invested? If you had to do it all over again, what would you do differently?
+Good day fellow investors, what's your opinion on these two stocks ? I know that T has been considered as a good dividend stock before, but their massive debt scares me. Verizon seems to have future and perspective, but basing that perspective only on the speculations of 5G is a bit... shortsighted to say so. Would you even consider adding these two stocks to your portfolio? Thanks a lot for the input!
+On Tuesday Uncle Joe announced 50 million barrels of oil would be released from the petroleum reserves and the market went into a tailspin.
+
+I'm pretty smooth, but if supply goes up that means prices go down. The American economy is so tied up in oil that it stands to reason that if oil is devalued that would put pressure on anyone using oil holdings as collateral...so like everyone?
+
+Just speculation, but it seems to make a hell of a lot more sense than Covid news and I'm hardly seeing any coverage.
+
+Thoughts?
+
+[https://www.energy.gov/articles/doe-make-available-release-50-million-barrels-crude-oil-strategic-petroleum-reserve](https://www.energy.gov/articles/doe-make-available-release-50-million-barrels-crude-oil-strategic-petroleum-reserve)
+I’m just some dumb 16 year old who doesn’t like the government screwing us over and wants to see my money grow in what could very well be our future! I own a piece of Bitcoin thanks to my dads help. I had a bit of scares using my ledger nano x because I approved the address after I sent the coin to the wallet and then once it was in my wallet (thankfully) I had synchronization issues so it said I had my coin then it said I had 0. We are all good now and I thought I’d share!
+
+Edit: apparently I shouldn’t say how much bitcoin I own, it’s a bit late now (500 upvotes later). I sure as hell didn’t expect the post to blow up that much, just wanted to share! Thanks guys!
+TS,CR: We won't sell.
+
+This is the only asset I own that I have 100% confidence in 100% of investors. There's no prisoner's dilemma here. The vast majority of GME holders are steadfast diamond statues.
+
+Other securities will nosedive because investors freak out and pull their money out to protect it, but we've literally been going through that the past year, and nobody pulled out.
+
+We've been in the X-Men danger room laughing at the Sentinel Hedge Funds attacks. A market wide crash won't mean shit to us. And when the rest of the market pulls out and sees ole GME holding steady, guess where they're going to pile all of their money into? 
+
+YUP.
+
+Z(ero) E(nergy) N(eeded)
+I see it too often in crypto groups, and it can be really disheartening sometimes. Before you make fun of or berate someone for panicking about "only $X", please take a minute to consider that not everybody is a middle+ class first worlder or got into crypto early. Even when it comes to first world people, think about how little the average person has in savings. Scam victims are also a thing.
+
+That $20, $50, $100, etc., however much may appear minuscule to you, may be someone's only hope for a way out of a miserable financial situation 🤷‍♂️
+
+I know how ridiculous it is to be down five digits on an investment and see someone causing the biggest ruckus over their 0.00001% stack.. but you can easily tell them to stfu without mentioning that they have nothing 😂
+
+That's all ✌️
+
+Edit: To clarify, I wasn't referring to anything I've seen here on reddit. This is a common thing mostly on telegram and discord (and 4chan, but they don't really count), but there's not really a good way of doing a "PSA: stop being a dick to poor people" on those apps (other than 4chan, but again.. lost cause there). Sorry about the confusion :-)
+Something that has become very popular in the retail trading space is looking at the flow for "unusual" volume. Lets say the average call volume is 1,000 per day, and an order comes in for 1,500 call options, this would get flagged and thought of as a "bullish" bet. 
+
+As good traders, we should dissect this idea and determine whether or not we should actually be putting our money behind it.
+
+**Reasons to bet on unusual call volume:**
+
+\- Buying a call is a bet on the stock going up.
+
+\- Buying a call is a bet on the stock going up with more volatility than the market implies.
+
+\- It "looks like" someone is betting on the stock going up, fast.
+
+**Reasons to NOT bet on unusual call volume:**
+
+\- What if they bought a call April, and sold a call in May? Now their view is on forward volatility, not direction.
+
+\- What if they bought a call on stock XYZ (which gets flagged as unusual option volume), but they also bought puts? Now their view is on volatility, not direction. 
+
+\- What if they bought a call on stock XYZ (which gets flagged as unusual option volume), but they also sold calls on stock ABC? Now their view is relative value, not direction. 
+
+\- What if someone is selling a call spread? It would double the volume on the call side, but its actually a BEARISH bet!
+
+\- We can't actually derive what the VIEW someone is expressing actually is simply by seeing an "unusual" order coming in. 
+
+**Here's a funny personal story.**
+
+Last week I completely dominated the chain on a stock. I was basically the whole volume on some particular strikes/expiries.
+
+The calls that I bought were flagged by some of the big guys on twitter as unusual option activity. It was truly my "I have made it" moment.
+
+But the funny part?
+
+Everyone is looking at that trade thinking I placed a bullish bet. When in reality I was trading something completely different. I had bought puts too. I had NO view on direction. 
+
+This is a prime example of the dangers here. Following my "call flow" because it got flagged, was not following my trade, or view. 
+
+**Conclusion:**
+
+**Seeing an order come into the market without any idea of who it is or what their view they are expressing is dangerous. If we can't see the whole picture, we need to be careful.. our money is on the line :)**
+Last month 9/11/19 (38 days ago) Navy Federal Credit Union unexpectedly closed all of my accounts. When I discovered this the following day, I visited my nearest branch and was told the bank is ending their relationship with me for reasons unknown. I was also told I will not be receiving my balance of $840 because I "no longer am a member and no longer have access to that money".
+
+​
+
+Since then I've
+
+\>visited several other branches to be told that they will not provide me information as I'm a non member
+
+\>filed a police report for a fraud debit of $11.00 for an amazon purchase from September ( I believe this is why they closed my accounts). Police department told me they 99%  most likely will not look into it, which is understandable.
+
+\>messaged them on twitter demanding an update on the status of my money/accounts since they don't have a contact email, and "non-customers" can't use their site to file a formal complaint. The response was "we cannot communicate with you as a "non-customer".
+
+\>filed a complaint with the NCUA stating my issue. Navy Federal responded days later saying "we have no solution to your problem,"
+
+​
+
+I seem to be out of options at this point. Is there something else I should be doing or some other entity that can step in and hold them accountable?
+
+​
+
+Edit: This bank was used an emergency back up account, so no odd checks were ever deposited and the fraud charges from prior were approved in my favor an reimbursed.
+
+Edit: Yes I DID have fraud on my account and no I'm not selling weed, have child support, or involved with a terrorist organization. My best guess is this is fraud related (See above  - police report $11 amazon charge - ) I don't see how they can take over $800 from me from an $11 fraud though. As stated all my total balance was positive at time of closing.
+If a person could scrounge up a little money, maybe up to $500, what is something that they should definitely buy that would be an excellent investment for helping them save even more money long term? (I'm looking to make a wishlist for Christmas, lol)
+
+Edit: Not necessarily consumables, or food savers.
+https://www.cnbc.com/2020/08/25/iphone-sales-steady-while-global-smartphone-sales-tank-20percent-in-q2.html
+
+Global smartphone sales dropped 20.4% in the second quarter of 2020, according to data released Tuesday from Gartner. 
+
+Apple posted a .4% decline in year-over-year smartphone sales, according to Gartner.
+
+In comparison, Samsung experienced the largest decline in sales in the quarter, 27.1% less year-over-year, according to the company.
+
+Thanks for the awards.
+$ABML
+
+American Battery Technology Company (ABTC), entered into escrow on 13.8 acre property located at 695 E. Sydney Drive, Storey County, NV.  The parcel is part of the Tahoe Reno Industrial Park known as the largest industrial park in the world
+
+Note: the land is just **minutes from the Tesla gigafactory**, about 2 miles as the crow flies or 3 miles by road.
+
+ABML’s battery recycling plant will be in the next town over in Fernley NV with construction likely to begin in late June.
+So I was checking IBM stock and see its current market cap is [$126.34B](https://www.marketwatch.com/investing/stock/ibm). This is less then current market cap of Ethereum. So a project that currently has very limited utility outside of the crypto bubble (I mean real utility for economy and industries outside of crypto) has larger market cap then IBM that manufactures mainframes, chips, does a lot of real business and owns Red Hat which has its own broad portfolio of real, useful and popular products? 
+
+Can you guys share perspective on this? My layman feeling is that it kinda indicates the Ethereum is insanely overvalued. The only thing that could justify its market cap I can think of is if Ethereum token would be considered a store of value, so the token price wouldn't be reflecting its utility value but people's willingness to use it for similar use case as Bitcoin.
+Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.
+
+As titled I'm mid thirties and about half way through my journey to FI. I work as a software engineer in test, which generally is only useful to large enterprise
+
+Things seemed to be going okay until I heard a number of stories of people reaching FI and then going into a new field of work or back to the same one they were in. Clearly FI alone is not the answer, as evidenced by high quality posts here.
+
+Since then, I've been trying to find a sense of purpose in my work or at least some enjoyment. I'm not getting this in my current position and I'm not sure if I'm creating a bullshit problem.
+
+I term it as lacking a north star, previously I chased money for FI but even my best path right now is probably another ten years of work at least. This seems like a fools errand and I'm romanticising the likes of data scientists, once they're FI, they can turn their skillset to their communities, looking at open data. Developers can create what they want. My skillset feels quite limited to large enterprise, destined to rot as soon as I reach FI.
+
+Ultimately it seems like a lot of toiling for little benefit to myself or society.
+
+As a result of this line of thinking, I can barely get myself to do anything at work at the moment, it seems incredibly pointless.
+
+I'm sure I cannot be the only one thinking like this and others have come to a similar place or conclusion.  How do you make yourself continue to work on this position? Do you do the bare minimum and keep focus on the number? Do you change jobs seeking more enjoyment from day to day work? Do you pivot to something more meaningful and likely to have beneficial impact on the world?
+My spouse doesn't ever want to retire and I fully support them. I am also fully in the FIRE camp for myself and could semi or completely retire right now if we moved to a lower COL area. We currently live in one of the most expensive cities in the US. Unfortunately, my spouse will not move to a place where there is less company diversity within our field (we're working in the same industry). And moving further out of our city isn't an appealing solution either because of the terrible commute times. SO thinks that it would be fine for me to semi-retire in our current position, but growing up in a lower-class household has given me a MUCH wider margin of error in regards to finances. Sorry if this sounds like a rant, I'm very frustrated because I'm so burnt out and my FIRE seems so close I can almost reach out and grab it!
+
+In some older posts, a good solution people have suggested is separating finances so you can better focus on your own FIRE journey, but I don't know if that's necessary for us since my spouse fully supports my desire to RE. **I'd really like to hear other people's experiences and solutions to pursuing FIRE as one-half of a married couple!**
+
+Edit: Just to clarify, my spouse does save for their retirement (max contributions) and are arguably more frugal than me. I think they just see their retirement accounts more as future fun or emergency money for the family.
+
+Edit 2: Some replies are telling me to just retire now, but as I stated above, I'm not comfortable doing it without a much bigger buffer. A recurring concern of mine is what if something happens to my spouse and they cannot work due to an unforeseen medical issue and suddenly they must find a new healthcare provider with a pre-existing condition? Maybe it's unrealistic to factor in these possibilities, but I'm definitely a worrier!
+
+Edit 3: Thanks everyone for your advice, especially those who shared their experiences! They've definitely been helpful at pinpointing the problem here, basically my own discomfort at trying to stretch a LCOL FIRE number to a HCOL area. I think I'm going to look into raising my FIRE number tonight by mathing out the actual numbers needed to settle down in our current city. Also going to look into taking a break from work to see if I'm really ready to retire or if I just need to refresh.
+My employer was recently acquired by a larger company. Our 401k was with Milliman and now it is at another investments company. We were told to move our funds over to the new company but Milliman told us there is a $75 "processing fee." I asked our new director of HR if the company is covering this fee since it's not our fault we have to move our money. He said that the company "unfortunately" doesn't cover it. 
+
+Is this legal? I'm sorry if this isn't the right subreddit. If it's not, please advise me where to go and I'll post there. Thank you for the help!
+
+Edit: One form says $75 processing fee and another says $40 processing fee. So $115 total. 
+
+Edit 2: Thank you very much for all the helpful comments! Sounds like the fees are just a part of it so I'll need to deal. I'll be contacting all parties to clarify what I should have done to avoid withdrawal penalties. I don't intend to use the money, I just want to move it to the acquiring company's 401k plan. 
+First they wanted $15 dollars an hour and now that they get it they want $25 dollars an hour. Once they get that they will want $35 dollars per hour. The cost of living goes up with the wages. The grocery store/landlord/etc heard minimum wage went up and said ok they got more money we can raise prices even more. Keep chasing the carrot, keep swimming up hill with fiat currency. Bitcoiners float downstream and the carrot walks towards us.
+So I am sure I am not the only one who started investing in Feb and likely lost almost half their portfolio buying just before correction/crash/selloff on plays like AITX, SNPW, PVDG, OZSC, HMBL, BB and the list goes on.
+
+I was curious about newer plays that seem stronger at the moment compared to the plays I am bag holding
+
+For example EEENF is a stock I feel like at the current moment has way bigger prospects and good odds of making big money.
+
+I was thinking of selling all my bags from the above stocks in the red and transferring into EEENF 
+
+Is this like really stupid? 
+
+I feel like selling in the red will realize my 10k something losses but the 2-4k I have left I can put into EEENF which in my opinion has a greater chance of making me profits in the short term so that I atleast can go back to those plays I sold in the red and buy them now again.
+
+Ofc worst case scenario is EEENF flops and so me selling in the red for the above stocks means I won't ever get that money back but I doubt they don't find oil  based on results they are producing but still have to account for all possibilities.
+
+But lets ignore EEENF for a sec, is it ever smart to sell in the red your other stocks if you feel like you have found another stock that can potentially make you more money?
+
+Like their are other plays that I am liking more than the AITX,SNPW etc... Such as IMTL for example but this stock is also in the red and isn't as strong as EEENF so selling my bags in the red to get more shares of IMTL would be dumb but that's not true for EEENF.
+
+This is a casino so what do I know
+Some of you got rugged pretty bad today. Remember, money is something you can make back. Learn from your losses moving forward, but don't do something you can't take back. 
+
+988 is available in the US. For assistance in some other countries there are resources [here.](https://support.google.com/websearch/answer/11181469)
+
+https://preview.redd.it/oafqlw43cji91.png?width=779&format=png&auto=webp&s=1d028c1e03afdc0dd5e2da88e1f62fe6b420bb54
+Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!
+
+Have a look at the [FAQ](https://www.reddit.com/r/financialindependence/wiki/faq) for this subreddit before posting to see if your question is frequently asked. 
+
+Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.
+Some people are more creative than others. Maybe this should be on my FIRE plan as well.
+
+https://thehill.com/blogs/blog-briefing-room/news/431576-man-goes-viral-with-plan-to-retire-to-a-holiday-inn-instead-of
+Based on [Portfolio Charts](https://portfoliocharts.com/2016/12/09/perpetual-withdrawal-rates-are-the-runway-to-a-long-retirement/) and [Early Retirement Now’s](https://i0.wp.com/earlyretirementnow.com/wp-content/uploads/2016/11/swr-part1-table1.png?resize=764%2C500&ssl=1%5B/img) analysis of the last 150 or so years of the US stock market data, it’s overwhelmingly likely that you will never need to go lower than a *3.5% WR* with a portfolio that is mostly equities (like VTI) for early retirement (40+ year horizon). For those with a long retirement horizon, it’s advisable to stay between 80 to 90% equities based on this research in addition to [choosing your preferred withdrawal method](https://www.bogleheads.org/wiki/Withdrawal_methods). 
+
+Even through world wars, depressions, high inflation, etc. there hardly hasn’t been a need to go below 4% withdrawal rate for a less than 30 year retirement windows, and very few cases where you would need to go below 3.5% withdrawal rate for a longer than 30 year retirement window. 
+
+For you early retirees, if you invest 28-33 times your long term annual spending you will be in excellent shape. It can be tough to know how much you will spend long-term, so bake that into your calculation (if you plan to have kids, etc.). [I am planning](https://www.reddit.com/r/financialindependence/comments/ois7f6/road_to_fi_from_180k_to_13m_nw_in_10_years/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) to only have to withdraw around 3% of my portfolio per year because I will have some side income after leaving corporate America.
+
+Nothing is guaranteed in the market, but this withdrawal rate takes into account the worst case scenarios in our history. And while I want to make sure my family is well provided for, I also don’t want to trade more of my life than I have to in order to be free. Some additional diversification with other asset classes or passive income streams can help with flexibility during market volatility, but it’s nice to know that the core equity portfolio should carry you through at this savings level. 
+
+Best wishes on your path to FI!
+We are mooning right now !! Live questions about the technology and marketing is happeening with Kevin and the team right now live AMA in satoshi street bets. https://t.me/satoshistreetbets
+
+The PRIVATE group!! 
+this is where money at! is now open! 
+
+➡️Telegram: https://t.me/stargazerprotocol
+
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+
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+
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+
+
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+
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+
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+
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+
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+
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+
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+
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+
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+$QLC chain -leading the way for blockchain adoption in the telecoms industry
+
+
+ We have some pivotal movements ahead. #QLC $QLC $SAKE $BTC $NEO
+ The road to $1 
+- https://www.mef.net/poc/telecom-billing-using-dlt/
+- https://dotcomv.com 
+- http://ngc.fund 
+- https://dcconnectglobal.com 
+- http://hgc-intl.com
+
+
+1.  $QLC DEX on track for the end of Q1 (31st Mar) Confirmed by Allen Lee
+2.  Dotcom Ventures (https://dotcomv.com/)  vocal early investors/buyers on their website
+3.  QLC share an affiliation with NGC Ventures and have the same partners. www.ngc.fund (they are one of the largest institutional investors in blockchain technology)
+4.  QLC are part of the MEF. (A Group of 120+ telco) and they are leading blockchain adoption for the federation. They have collaborated with DCConnect (https://www.dcconnectglobal.com/)  and HGCGC (www.hgc-intl.com ) on  the recent POC 130 who will also use $QLC for their business once the DEX goes live (https://www.mef.net/poc/telecom-billing-using-dlt/ )
+5.  Allen Lee has confirmed that there are other telco companies in the pipeline once the DEX has launched.
+6.  QLC are a NEP-5 token, they have built bridges to ERC-20 with BSC to follow soon.
+7.  Low $20m market cap which has been around since 2018 with a working product
+8.  Speculations of collaboration with Sakeswap to produce the DEX
+9.  The TA is extremely bullish with a clear uptrend with clear skies above 0.11c
+10.  Speculation that 5Gzorro will partner with $QLC for 5G blockchain.
+So, since graduating I’ve always thought of my student loan as an extra tax. I’ve never really thought that I’d have much of a chance to repay the full amount before it is written off in 30 years. 
+
+However, I’m now expecting to qualify as a solicitor at a London firm on around £80k p.a.
+
+I’ve got ~£54k of student finance outstanding. Annually I’d be paying ~£8k towards student finance. With interest, I’ll have paid it back within 13 years.