diff --git "a/reddit_finance_43_250k_308.txt" "b/reddit_finance_43_250k_308.txt"
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+
+How does a trader make a bet on the decline of the company? You might ask.
+
+In order to short a stock, these institutional traders are credited access by banks, brokers or market makers to large amounts of borrowed shares. (That's right, borrowed shares).
+
+**Here's how that trade works with the bank;**
+
+Trader A believes the value of the company at $10 per share; is too high based on his/her thesis;
+
+Trader A then goes to the bank and asks to borrow X amount of shares;
+
+The bank says fine, here is X amount of borrowed shares;
+
+But, you must sign a legally binding contract to return that exact number of shares at a specified date.
+
+Trader A signs that future contract and now has access to X amount of shares.
+
+Trader A then immediately goes into the market, and sells those borrowed shares at $10 per.
+
+Trader A now has access to brand new liquid capital to move into their already established long positions. (Trader A loves making a deal like this because of all the capital they gain access to just from taking on risk with that futures contract).
+
+Trader A, however, does not consider it a risk per se, as their thesis states the price of the company's stock is bound to decrease.
+
+If Trader A's thesis holds correct; at/or before the time of the contract's expiration date. Trader A sees that the value of the company has dropped to $2 per share.
+
+He/she can then go back out into the market and buy back the same amount of borrowed shares and return them to the loaning institution.
+
+Netting an $8 profit per borrowed share.
+
+So, not only does Trader A gain access to extra liquid capital during the time of the contract, (to make additional gains on their long positions) but, at the time of the expiring contract, they net an extensive profit per borrowed share.
+
+AKA: THE lucrative trading game for large financial institutions.
+
+**Here's how this trading game went wrong for Hedge Funds:**
+
+In the summer of 2020, a gentleman by the of name Keith Gill (AKA u/DeepFuckingValue or RoaringKitty on Youtube) began posting content online explaining that GameStop's stock and company value was far lower than was truly warranted.  He explored a number of positive aspects of GameStop and provided a thesis of a distinct possibility for a turn-around in the valuation of the stock. Backed by fresh, and ambitious upper management led by star investor Ryan Cohen, the company seemed poised for a rebound.
+
+Furthermore, Gill explained an interesting phenomenon that he was seeing with the stock surrounding a little known data point called a short interest percentage. All stocks are bound to have some investors short on a stock as it is a viable way to make money in the market (as explained previously).
+
+However, the interest for Gill came, when he saw a short interest rate of GameStop higher than 100% of the company's float.
+
+***Meaning, GameStop's stock had more shares issued by loaning institutions than had ever been issued by the company directly.***
+
+[Just one example of $GME's high short interest percent](https://preview.redd.it/7ga4tk9xa4z81.png?width=693&format=png&auto=webp&s=7c15528682e8f7e64d2ef55534c7bfcf966852b0)
+
+This became THE point of discussion and interest for regular investors following Gill's expanding GameStop position throughout the remainder of 2020 and into early 2021.
+
+How was it possible that there were more shares out on loan than have ever been issued by the company?
+
+Soon sentiment online began to grow as more retail traders noticed this problem occurring in the market.
+
+Short interest percent can basically be described as the number of short contracts out on the market yet to be closed;
+
+*Meaning in order to close that position, those holding the contracts would be force Short Traders to become buyers of the stock.*
+
+**Now here is the juicy part:**
+
+Short interest percent represents future buying demand.
+
+Keith Gill and Co recognized that; so, in order to avoid the stock being run into the ground by hedge funds shorting the stock. Individuals familiar with the situation began buying huge amounts of the stock looking to drive the price up.
+
+The thesis began very simply, if many investors buy and hold the stock, it would reduce the supply of the stock. Making it (A), more difficult for short traders to locate shares to borrow and sell into the market, and (B), if short traders did short the stock, the price would be more likely to increase instead of decrease, thus disproving the short thesis and ruining their lucrative trading game.
+
+You see, the short trader wants to see the price of the stock go down from where they bought in at.
+
+ie. $10 to a decrease of lets say $2: netting them an $8 per share profit.
+
+But, what happens to those short traders when the contract they made at $10; soon sees the price of that stock jump to $100?
+
+They go fucking crazy.
+
+Now those traders are on the hook with a legally binding contract for a negative net of $90 per share.
+
+Which is exactly what happened in late January of 2021.
+
+Big Yikes.
+
+**So, what options to short traders have to drive the price back down below their borrow rate?**
+
+They only have one option: Borrow and Short more shares. Meaning Borrow and Sell those shares into the market.
+
+Only a market sell will put downward pressure on the stock.
+
+And no one else is selling the stock, only buying more.
+
+Positive sentiment for GameStop's stock only continues to increase as more and more regular retail investors catch wind of this ***once in a life time trade***.
+
+Thus increasing the stock's buying pressure from new traders and those already looking to increase their position in the stock.
+
+**For Hedge Funds the issue with this conundrum is, is that the more they short the stock, the more contracts they make to become future buyers of the stock.**
+
+Thus increasing the future demand of the stock.
+
+While already dealing with current steady and increasing retail demand for GameStop's stock.
+
+Price pressure is steady up from market retail sentiment.
+
+And now, the only downward pressure comes from making future contracts to buy the stock later, but sell it now.
+
+This is why the stock is so volatile, the short interest of these contract vary widely throughout trading cycles, but upward buying pressure remains relatively constant.
+
+Future Demand is astronomical though.
+
+The true short interest percent is unknown.
+
+But, what is known, is that future demand only continues to increase, with current demand staying consistent.
+
+**So, this is really an experiment to test the limits of macroeconomic supply and demand theory.**
+
+What happens when the supply for an asset is so insanely small, but the demand for that same asset is continually growing from multiple angles at an expansive rate?
+
+The answer is; a stock price with unlimited bounds.
+
+No one knows the limits of testing supply and demand theory.
+
+**No Supply + Huge Demand = Unbounded Price Increases**
+
+**This is why, GameStop investors are so excited about this stock.**
+
+**And honestly why you should be excited too.**
+
+What's great about this financial movement, is that anyone with $90 dollars can buy a ticket to the moon.
+
+These positions between Short Traders and Long Traders will only continue to separate.
+
+There is no way back for those holding toxic short contracts on GameStop.
+
+Their only choice is to be the first big trader close their contracts and buy back their borrowed shares.
+
+Thus only adding more fuel to the upward buying pressure.
+
+This trade is inevitable, in some ways, it's already happened.
+
+Frequently Asked Questions:
+
+*Can't Hedge Funds just extend this game forever by keeping the price suppressed by continuing to short the stock?*
+
+No, not really, there is this thing called a borrow rate. Banks and market makers lend out shares to traders with a borrow rate attached to the contract. This means short traders are forced to pay premium to the loaning institution to continue to keep those loans out on borrow. This is why banks like this type of trade, because they get interest on the loan of those borrow shares.
+
+What makes this even better is that, the more retail buys, DRS's, and holds, the less shares are made available to brokers, banks, and market makers to loan out to those looking to short GameStop's stock.
+
+Supply continues to decrease; borrow rate continues to increase. Making it more difficult to handle the consistent and rising bleeding of funds out of these hedge funds and large traders.
+
+IE: It's only getting harder to borrow shares folks, every minute of every day.
+
+*What is a DRS?*
+
+DRS: Directly Register Your Shares (or something like that).
+
+You see, when you buy a share through a brokerage firm, the broker will not provide you with an actual share with your name on it. Instead, the broker will provide you with an IOU of that share with your name on it. That way, the actual share remains under the name of the broker, which allows said broker to loan out that share to another trader that's either long or short.
+
+Superstonk and Co: figured out this shady business practice that brokers engage in months ago, and have been actively engaged in a process called a direct register (DRS).
+
+This process allows you to register your shares directly with the company via a transfer agent (ComputerShare). This allows true ownership of your shares as you are registered directly with the company you hold stock in.
+
+Not a broker issued IOU. An actual share with your name on it.
+
+General investors have only become aware of this transfer process in the last 6 to 7 months and folks have already been able to directly register 35+% of GameStop's Float.
+
+Indicating a trend towards the thesis that GameStop's float is highly oversold/overloaned.
+
+Wow.
+
+By directly registering you shares (for GameStop or any other company), you directly avoid your shady fucking broker loaning out those same shares to some bastard trader looking to bet against the company you are long on.
+
+In my opinion it is an essential process. But, if you can't do that for whatever reason; Buy and Hold.
+
+This is not financial advice.
+
+But it is damn interesting... and never happened before.
+
+If I was on the fence about this whole thing, I would absolutely own at least one share of GameStop.
+
+This isn't even about company fundamentals anymore.
+
+It's simple supply and demand economics.
+
+Let's try a little experiment and test the limits of this simple theory.
+
+​
+
+​
+
+Thanks, and Cheers.
+
+Also Don't Forget. GameStop is about to announce a stock split.
+
+BUY DRS HOLD GAMESTOP SHARES
+
+Diamond Fucking Hands.
+So, as someone who knows a thing or two about shame, I'm alarmed at how much pure shame there is flowing around Reddit financial subs of late.
+
+I mean, fuck, the only place with a healthy relationship with shame is... WBS. I'm not a frequent visitor or subscriber but I checked in last night and was impressed \[by their relative comfort around failure\].
+
+Other subs are inundated with posts from people too ashamed to offload to friends and family, and other posts admonishing new investors for their shameful 'greed' and unrealistic expectations of the market.
+
+This ain't good.
+
+In the realm of human emotions like worry, anxiety, doubt, and fear, shame is on another planet.
+
+Shame plays in the same park as love and goes to the same school a sadness and grief. Clearly, I'm oversimplifying but it's a generalisation that gives some context.
+
+Shame can last a lifetime and define who you think you are. It's a complete waste of energy and hugely destructive.
+
+\*\*What breeds shame?\*\*
+
+Well, we judge our own actions in two ways:
+
+\- I've \_DONE\_ wrong.
+
+\- I \_AM\_ wrong.
+
+Shame is about feeling that, because of a decision you've made, you ARE wrong. So in our stocky, optiony world, you feel shame at BEING a bad/greedy/impulsive investor.
+
+And on Reddit, you'll read a lot of posts full of savage comments about basic decision making from strangers without knowing their full story or the mistakes they themselves have made, or why they're pouring their scorn onto the interweb late at night... are these really the places you want to validate or seek comfort for your shame?
+
+Often, vicious comments only cement the shame you feel.
+
+To be clear: DOING wrong does not mean you ARE wrong. It means you fucked up.
+
+And that's great because fucking up is part of learning and putting yourself out there. You literally cannot succeed if you are not willing to fail.
+
+Want proof? Look at any entrepreneur, athlete, artist, musician or actor and try and find one ounce of the fear of failure. Heck, TED talks are basically just amazing people giving their epic stories of failure before success.
+
+\*\*How do you overcome your shame about losing money?\*\*
+
+Be fucking vulnerable. That's how. And compassionate when other people are vulnerable.
+
+Believe me, there is nothing that shouts personal strength like telling someone you fucked up. Tell your wife, your mum, your best mate, or, yes, strangers if you like - although that's a gamble.
+
+But for Christ's sake, don't bottle it up. We've all made bad decisions. Loads and loads of them.
+
+Fail big. Tell people. Move on.
+
+And shoot me a message if you want to offload. Or just to tell me to shove it. I'm easy.
+
+Edit - clearly I cannot format a Reddit post. I'm not changing it.
+For the study, researchers first asked participants to create portfolios of financial assets using tables of previous returns, and then assessed the participants’ level of financial literacy. The researchers found the investors with poor financial literacy tended to choose positively correlated assets – for example, stocks in oil companies and forestry -- which tend to fluctuate in value together.
+
+“An amateur investor might buy stocks in lumber, mining, oil and banks, and believe they are diversifying because they’re investing in different companies and sectors,” said David Hardisty, study co-author and assistant professor at UBC Sauder. “But because all of those equities tend to move in unison, it can be quite risky, because all the assets can potentially plunge at the same time.”
+
+More experienced investors know to hedge their bets by including negatively correlated assets, which are likely to move down when others go up — or uncorrelated assets (ones that move up and down independently of the others) in order to mitigate losses.
+
+The researchers also found that the amateur investors were actively preferring correlated assets because they seemed less complicated and more predictable.
+
+“If it seems predictable, it seems safer and easier to track,” explains Hardisty. “Whereas if you have a combination of assets that all go in different directions, it seems chaotic, unpredictable and riskier.”
+
+Ironically, when the study participants were encouraged to take more risk when creating a portfolio, the amateur investors ended up making safer, more diversified selections, compared to when they were encouraged to avoid risk.
+
+“This shows that amateur investors rely on a definition of risk that greatly differs from the objective definition of portfolio risk,” said Yann Cornil, assistant professor at UBC Sauder and co-author of the study. “This can lead them to make objectively low-risk investments when they intend to take risk, or to make high-risk investments when they intend to reduce risk.”
+
+The researchers found that when amateur investors are shown the aggregate returns of portfolios (and not merely the returns of each asset composing the portfolio), they can see that having negatively correlated or uncorrelated assets is the winning investment strategy — even if it might seem counterintuitive to play both sides.
+
+“If you don’t diversify, when one asset does well the other ones are also going to do well. But if one does badly it’s likely the others will all do badly — and in investing, you want to avoid those worst-case scenarios,” says Hardisty, who hopes the research will encourage investors to educate themselves on investment strategies, and use the diversification tools that online investment services provide to properly balance their portfolios.
+
+“In the best-case scenario you could make lots of money and have an extra vacation or buy a car or something like that,” he explains of the positively correlated accounts. “But if your whole portfolio crashes you could risk losing your life savings. So, the best-case scenario isn’t that much better, but the worst-case scenario is a whole lot worse.”
+
+UBC Sauder School of Business Assistant Professor David Hardisty co-authored Easy, breezy, risky: Lay investors fail to diversify because correlated assets feel more fluent and less risky along with UBC Sauder School of Business Assistant Professor Yann Cornil and D’Amore-McKim School of Business Associate Professor Yakov Bart. The study was recently published in Organizational Behavior and Human Decision Processes.
+
+https://www.sauder.ubc.ca/news/insights/amateur-investors-fail-diversify-and-are-better-choosing-stocks-random?utm_campaign=2019-sauder-q2-pr&utm_medium=paid_social&utm_source=facebook_sf&utm_content=investor
+[https://cryptocurrency.market/crypto-investing-152-avoid-piece-of-shit-crypto-influencer-hypocrites/](https://cryptocurrency.market/crypto-investing-152-avoid-piece-of-shit-crypto-influencer-hypocrites/)
+
+​
+
+[https://twitter.com/HeyTaiZen/status/1164143678710923265](https://twitter.com/HeyTaiZen/status/1164143678710923265)
+
+LOL. These Bitcoin maximalists have lost all their credibility.
+Update2: It looks like the sale ended in just 3 blocks/35 seconds!
+
+Update: [Contract has successfully bought into the sale!](https://etherscan.io/tx/0x01054608322676da83a80993654253307f32a852589de6028f1b189d403b6f71)
+
+The [Decentraland ICO](https://decentraland.org/) is happening in less than 10 hours.  You can avoid the crowd and rest easy by using my [Decentraland ICO Buyer Contract.](https://etherscan.io/address/decentraland.icobuyer.eth#code)  Simply send ETH to decentraland.icobuyer.eth before the crowdsale and sit back while my contract takes care of all the hard work of buying into the sale and sending you back your tokens!
+
+My contract works by placing a 1 ETH bounty on a function which buys tokens during the ICO.  Anyone can call the function once the ICO has started to claim the bounty, although they'll be competing with me to be first!
+
+Users who want to remove the 1% fee on their purchased tokens can send 0 ETH (or any amount up to .001 ETH) to my contract within an hour of my contract purchasing the tokens.  This will perform a manual withdraw without the 1% convenience fee.  However, note that the Decentraland developers likely will not be unlocking their token immediately.  Avoiding the 1% fee is still possible by making a manual withdrawal just after the tokens are unlocked.
+
+I've had a [$6,000 bug bounty](https://np.reddit.com/r/ethdev/comments/6u6yir/bug_bounty_for_decentraland_mana_ico_buyer/) posted for half a day now, but that doesn't mean you should just throw your ETH at my contract!  Exercise caution and recognize that there's always risk to using smart contracts.
+
+Users should only send ETH from an address that they own the private keys for.  For example, MEW, Mist, and Parity are all fine, but you can't send from an exchange.  To interact with my contract from an unsynced wallet, I recommend using a gas limit of 250,000 for each transaction.  Users can withdraw their funds at any time before the ICO starts by sending 0 ETH (or any amount up to .001 ETH) to my contract.  Once the ICO starts, more advanced users seeking the 1 ETH bounty can call the "claim_bounty" function, which actually buys the tokens, by sending a 0 ETH, 250,000 gas, 50 Gwei gas price transaction with '0x02f58015' as the transaction data.
+
+Previous Deployments of my ICO Buyer contract:
+
+[Bancor](https://np.reddit.com/r/ethereum/comments/6ghqp0/never_miss_an_ico_again/) - 425 ETH handled
+
+[Status](https://np.reddit.com/r/ethtrader/comments/6iavc3/never_miss_an_ico_again_status/) - 3200 ETH handled
+
+[TenX](https://np.reddit.com/r/ethtrader/comments/6j5c3u/never_miss_an_ico_again_tenx/) - 2100 ETH handled
+
+[DAO.Casino](https://np.reddit.com/r/ethtrader/comments/6k6gix/never_miss_an_ico_again_daocasino_bet/) - Canceled
+
+[CoinDash](https://np.reddit.com/r/ethtrader/comments/6nrxk5/never_miss_an_ico_again_coindash_cdt/) - 1365 ETH handled
+
+[District0x](https://np.reddit.com/r/ethtrader/comments/6nzwh4/never_miss_an_ico_again_district0x_dnt/) - 4145 ETH handled
+
+ICO Buyer Slack Invite Link: https://join.slack.com/t/icobuyer/shared_invite/MjI5MTY0Nzc2ODM2LTE1MDMyNDIxNjEtYzY4N2U2MDZjYg
+
+**Contract ENS Address:** decentraland.icobuyer.eth
+
+**Contract Hex Address:** 0x4Dc868D79611C2bdcA51dEE62873EB3A31423B47
+
+**Contract Code:** https://etherscan.io/address/decentraland.icobuyer.eth#code
+I didn't get into ETH to sell once it got to 100.  ETH is revolutionary technology, enabling apps that were never before possible and the rise of ETH has just begun.   I'm not selling a single ETH until it hits 1k and even then, it won't be all of it.  If it busts before then, that's life, but as long as the market cap is below BTC's, the price is a bargain.  It will need to get to a few times greater Market Cap than BTC before I consider selling any.  
+Update2: It looks like the sale ended in just 3 blocks/35 seconds!
+
+Update: [Contract has successfully bought into the sale!](https://etherscan.io/tx/0x01054608322676da83a80993654253307f32a852589de6028f1b189d403b6f71)
+
+The [Decentraland ICO](https://decentraland.org/) is happening in less than 10 hours.  You can avoid the crowd and rest easy by using my [Decentraland ICO Buyer Contract.](https://etherscan.io/address/decentraland.icobuyer.eth#code)  Simply send ETH to decentraland.icobuyer.eth before the crowdsale and sit back while my contract takes care of all the hard work of buying into the sale and sending you back your tokens!
+
+My contract works by placing a 1 ETH bounty on a function which buys tokens during the ICO.  Anyone can call the function once the ICO has started to claim the bounty, although they'll be competing with me to be first!
+
+Users who want to remove the 1% fee on their purchased tokens can send 0 ETH (or any amount up to .001 ETH) to my contract within an hour of my contract purchasing the tokens.  This will perform a manual withdraw without the 1% convenience fee.  However, note that the Decentraland developers likely will not be unlocking their token immediately.  Avoiding the 1% fee is still possible by making a manual withdrawal just after the tokens are unlocked.
+
+I've had a [$6,000 bug bounty](https://np.reddit.com/r/ethdev/comments/6u6yir/bug_bounty_for_decentraland_mana_ico_buyer/) posted for half a day now, but that doesn't mean you should just throw your ETH at my contract!  Exercise caution and recognize that there's always risk to using smart contracts.
+
+Users should only send ETH from an address that they own the private keys for.  For example, MEW, Mist, and Parity are all fine, but you can't send from an exchange.  To interact with my contract from an unsynced wallet, I recommend using a gas limit of 250,000 for each transaction.  Users can withdraw their funds at any time before the ICO starts by sending 0 ETH (or any amount up to .001 ETH) to my contract.  Once the ICO starts, more advanced users seeking the 1 ETH bounty can call the "claim_bounty" function, which actually buys the tokens, by sending a 0 ETH, 250,000 gas, 50 Gwei gas price transaction with '0x02f58015' as the transaction data.
+
+Previous Deployments of my ICO Buyer contract:
+
+[Bancor](https://np.reddit.com/r/ethereum/comments/6ghqp0/never_miss_an_ico_again/) - 425 ETH handled
+
+[Status](https://np.reddit.com/r/ethtrader/comments/6iavc3/never_miss_an_ico_again_status/) - 3200 ETH handled
+
+[TenX](https://np.reddit.com/r/ethtrader/comments/6j5c3u/never_miss_an_ico_again_tenx/) - 2100 ETH handled
+
+[DAO.Casino](https://np.reddit.com/r/ethtrader/comments/6k6gix/never_miss_an_ico_again_daocasino_bet/) - Canceled
+
+[CoinDash](https://np.reddit.com/r/ethtrader/comments/6nrxk5/never_miss_an_ico_again_coindash_cdt/) - 1365 ETH handled
+
+[District0x](https://np.reddit.com/r/ethtrader/comments/6nzwh4/never_miss_an_ico_again_district0x_dnt/) - 4145 ETH handled
+
+ICO Buyer Slack Invite Link: https://join.slack.com/t/icobuyer/shared_invite/MjI5MTY0Nzc2ODM2LTE1MDMyNDIxNjEtYzY4N2U2MDZjYg
+
+**Contract ENS Address:** decentraland.icobuyer.eth
+
+**Contract Hex Address:** 0x4Dc868D79611C2bdcA51dEE62873EB3A31423B47
+
+**Contract Code:** https://etherscan.io/address/decentraland.icobuyer.eth#code
+​
+
+https://preview.redd.it/1gba7kd5xah71.png?width=2562&format=png&auto=webp&s=1dd6bfa308c211a39f58c1fedaf948a376c02172
+
+Happy weekend everybody! I took a little time to analyze some changes in the recent days of the institutional shareholders of GME.  
+I have noticed that whenever there are shares available to borrow, some of these here disappear.   
+So my thought on that is, that they are lending eachother shares, but in between we catch some of these shares so the availability is getting less and less. Some are changed due to  rebalancing I suppose, as some apes mentioned that.
+
+So what are the changes from the recent days? *from 11th to 13th August.*
+
+1. Blackrock shares decreased from **9,154,459 to 7,147,979** *Total Change: -2,006,480*
+2. Vanguard shares increased from **5,541,223 to 6,041,749** *Total Change: +500,526*
+3. Geode Capital Management LLC decreased from **916,828 to 674,532** *Total Change: -242,296*
+4. Bank of New York Mellon Corp. decreased from **565,873 to 498,333** *Total Change: -67,540*
+5. Teachers Insurance & Annuity Association increased from **327,906 to 327,984** *Total Change: +78*
+6. **JP Morgan shares disappeared:** ***232,678 to 0*** 
+7. Legal & General Group PLC increased from  **156,128 to 172,371** *Total Change: +16,243*
+8. Goldman Sachs increased from **116,286 to 144,317** *Total Change: +28,031*
+9. UBS AG decreased from **116,229 to 92,961** *Total Change: -23,268*
+10. State Of California decreased from 150,483 to 92,783 Total Change: -57,700
+11. Invesco LTD increased their shares by +1 (LMAYO)
+
+Total Change of shares decreased: -2,630,040  
+Total Change of shares increased: +544,879
+
+Total Exchange of shares in 2 days: 3,174,919
+
+​
+
+https://preview.redd.it/x1sd4cpazah71.png?width=905&format=png&auto=webp&s=ccb34942b51ab1137bee3987f6fc8ae554742135
+
+GameStop Volume  11th August 2021: 943,100  
+GameStop Volume  12th August 2021: 1,319,800  
+GameStop Volume  13th August 2021: 1,012,700
+
+Total Volume: **3,275,600**
+
+So is that telling us that institutions are the only ones trading? That what we buy has absolutely zero volume?   
+
+
+https://preview.redd.it/8d8yg9370bh71.png?width=1164&format=png&auto=webp&s=ea0c016343132a7f4a88755bd40e76db0f1408b5
+
+IEX Trading:
+
+Volume 11th August: 30,102  
+Volume 12th August: 34,220  
+Volume 13th August: 39,203  
+Total Volume: 103,525
+
+Combining IEX and Institutional Volume: **103,525 + 3,174,919 = 3,278,444 !!!**
+
+TOTALLY CLOSE TO THE ENTIRE VOLUME! 
+
+That means that our shares wherever we buy them, dont go to the exchange. If we route them through IEX they have impact on the volume. Otherwise only institutions have the power of the entire volume. Which is a scam. My floor is jail.
+Back when I was poor and struggling, I was always kissing XXXX.  I was always deferring to people who were in power.  I smiled at people more often, not because they made me happy but because I needed them to like me.  I laughed at their lame jokes and said please and thank you more often.
+
+Now that I am well off financially, I don't need to be nice to those people anymore.  They are dead to me.  No need to smile all the time and laugh at lame jokes or be a yes man anymore.
+
+(I am still nice, friendly and polite to nice people and family and friends but not the strangers and powerful people I needed to please back then.)
+
+Can you relate as someone who is now financially independent?
+I was hoping for .5 as I’m looking to enter the property market with a big deposit and want prices to come down… but why is .25 bad for economy (compared to .5)? (If it is..)
+Current finanical situation: I’m 26, my salary $150k a year and live in Oregon. My fixed expenses (rent, car, utilities, etc) are ~$3k a month. 
+
+I have $80k in my individual brokerage account but I have $54k in student loans (undergrad+masters). I think the rate is ~6% but since they’re suspended it doesn’t say.
+
+Is it financially more logical to sell the stocks to pay the loans? I’ve heard the side of no if stocks are increasing at a higher rate than what the loan is but I’m not completely sure if I’m sold on that. 
+
+Would appreciate your opinions and happy to provide more information! TIA
+
+
+
+ETA: I originally said 6% I think the loans are 4%
+TLDR: They may now appear in the thread/chat of a number that is legitimate (ie in the past you've received messages from the organization so you trust the number)
+
+Got a message in the SMS chat/thread from my bank saying that my account was compromised. I know of this number as in the past my bank have sent me messages from this number, and I was busy at work so didn't do the due diligence I should of and called. Luckily they were a bit amateurish and my spider senses started tingling and I ended the call and called my bank+reset all my pwd etc. 
+
+So just be aware this is a thing now, and verify the number you're going to call in the organization's website etc. Don't be me and nearly get scammed.
+~~This is just a text post, so I don't suspect it'll get much traction,~~ BUT for all those who do see this, **be encouraged!!**
+
+Every week (aka every pay period), diamond handed apes 🙌💎 are buying more of this beautiful stock.
+
+Regardless of how many paper hands buy, shills sow FUD, hedgey tactics come this way, or how often we see the price go down on the way up, there are more and more holders who **will** hold. What's more, the forever puddle grows.
+
+It's like that superhero who gets stronger the longer the fight goes on (anyone know which one that is? I think the Hulk comes close to that concept).
+
+It's like Eithen Aurelius in Cradle grinding away with the Heaven and Earth Purification Wheel, building his madra pool to unfathomable depths.
+
+It's like getting a few extra precious seconds to beat up the Sandbag with Yoshi to KO it to the moon (something that we never got, but always wanted).
+
+It's like holding onto that OG Charizard card for another year, knowing one day it'll be worth even more fortunes (I saw your post, friend).
+
+It's like GME stonk holders hanging on forever, because that's what the Buffet dude talked about and we learned a thing or two about the market.
+
+I could go on...
+
+I know you smooth brains will hodl. I know there's enough of you out there with balls of steel. Even if we watch the price fall off on the way up, I **know** there are enough silver backs and nerves of diamond apes who are going to hold onto that rocket with their heafty scrotes made of weird space metal that's harder than the moon itself.
+
+Don't know when we're going up. But we will.
+
+Hodl tight. Hodl right.
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+Edit: It got some traction
+I've seen commentary suggesting that we're experiencing a dead cat bounce, and many posters have decided to delay buying until the fall or winter.
+
+I have recently become in position to be an aggressive buyer and I was looking to begin this next month or July at the very latest.
+
+While I am glad that I read these comments before I went on a buying spree, I don't have the benefit of having a thesis behind me inaction outside of "people on reddit are saying they're waiting".
+
+So I was hoping that more experienced investors could share their insights on why they don't think we've reached the bottom.
+
+I would definitely like to know if these opinions are shaped in comparing this economy to past economic situations, technical analyses, or something else. Ideally, this would be a great learning opportunity for me, so I am hoping that people don't mind sharing their opinions on this so I could do my own due diligence by vetting the responses.
+
+Thanks in advance.
+
+ETA: I am not looking for people to tell me what to do. I have my own sense of what the market is doing, but that still doesn't stop me from wanting to learn why others may see the market differently.
+
+This isn't a "tell me how to think" post. It's also not an effort to time the market.
+
+I only want to understand people's thesis. That's it. Not seeking financial advice. Only conversation.
+
+I genuinely want to understand the lens that others see when they interpret this current market. Doesn't mean I will agree with everything...but that doesn't mean I can't be interested in why people think the way they do.
+I'm looking to invest into 2, maybe 3 alt coins. I've done quite a bit of research and have narrowed it down to:
+
+Lisk
+
+Nem
+
+Factom
+
+IOTA
+
+Ark
+
+OmiseGO
+
+Monero
+
+
+Just wanted to get other peoples opinions. I'm looking to invest for 6-12 months and am willing to take quite a bit of risk. I'm currently invested in LTC, Ethereum and Neo.
+
+
+*reposted because post was taken down
+Ready to wire $ into GDAX, should I buy BTC or should I drop it into ETH, or ZEC, perhaps another Alt, wait wait drop the BTC to drop, then After SegWitX2, move the Alt buy of today into BTC? I’m open to hear others strategies. 
+With almost all coins being in some deep red what are some that you guy think should definitely be bought seeing as they should bounce back eventually?
+We noticed something erroneous.
+
+When we invest INR 100-500 in Reliance Liquid Fund, because the NAV is so damn high (4.5k), and because the cap on the number of digits in the units is only 3, we end up losing INR 2-3 with every transaction of INR 100.
+
+It may seem small, but it's a systemic issue. Does this money get reversed?
+
+If not, how do the funds account for it? and why do they not reduce the NAVs?
+I saw a post earlier quoting that Millionaires are made today. BS!
+
+
+I'm not a veteran in the market and won't pretend to be but I believe in these things as of today:
+
+- Millionaire won't be made by today's dip. A real BTC and market dip imo is below and between 20 to 50% and Satan knows maybe further down...
+
+- Real money is made when there's blood in the streets. This right now is more like a punch in the face and your nose bleeding. Don't be fool as it could get turn into a **real** blood bath!
+
+- Don't listen to everyone's predictions and fomo. Don't go ape and all-in in a coin that dipped 10-15%. Always have some cash aside, DCA and pace yourself. The markets tend to rewards those who are discipline and patient.
+
+May your hodl 10X and I wish you the very best in this Bull Market
+You aren't going to win people over on NFTs, but you don't need to! Just point out that Gamestop may soon be able to allow resales of digitally owned games. You'd be able to sell PC/Digital games because you would technically own them, and you'd be able to transfer that ownership (i.e. sell them) because of the way the system works
+
+Older gamers may remember when we used to have to type in CD keys on the packages to claim our games, this could be a much more advanced version of that, that allows transfer!
+
+That, imo, is the big potential here
+I sold a .15 delta SPY ICs (11/12 $449/$450/$390/$389) on 10/4 when SPY was at $430 because the VIX was elevated. Since then I was right that VIX collapsed but I closed out the IC on Friday because I didn’t see a reason the SPY wouldn’t be 1% higher in a month than it was today. Does anyone think that it’s possible to sell CCS in this market or is the strategy to just sell PCS at any sign of weakness?
+Hello, and welcome to the party!
+
+..or should I say..
+
+COUNTER-PARTY!
+
+TEEHEE RIFFLE-DEE BEKKED!
+
+Anyways...
+
+My tits hurt, and I'm a little surprised by the findings, but then again, not really!
+
+LETS BEGIN YA?
+
+​
+
+[This is a graph of EVERY MM FUND with exposure to the Newyork Federal Reserve RRP facility. \(remember, for the Money Market Funds, they would be on the REPO side\)](https://preview.redd.it/yx1fygpeyff71.png?width=1175&format=png&auto=webp&s=4a6e8c28218816fa13eeeb931debe9ba32da1055)
+
+​
+
+[IDK wtf happened between late 2013 and early Jan 18, but it's MICROSCOPIC compared to today.](https://preview.redd.it/b5tht3kxlff71.png?width=1217&format=png&auto=webp&s=20bc91774216fcb79eaeb947eba500c7ef86a6ff)
+
+This website is fantastic, and I've verified the data is accurate by cross-referencing Fidelity's website holdings report for the 06/03/2021 time period, which looks like:
+
+[This is the holdings report for 06\/30 for SPAXX Fidelity . As you can see, they participated in the Fed Reserve Bank of New York.](https://preview.redd.it/dt7xyso9mff71.png?width=1128&format=png&auto=webp&s=7069d63bf96f346ca4cc1277b138c4e7a978fc27)
+
+HOWEVER, this is where it gets interesting.
+
+Upon looking further into the data, it's apparently clear:
+
+​
+
+*COUNTERPARTIES ARE NOT VANGUARD, BLACKROCK, FIDELITY, STATE STREET, ETC...*
+
+**COUNTERPARTIES ARE EACH INDIVIDUAL MONEY MARKET FUND THAT USES THE REPO FACILITY!**
+
+Take a look:
+
+​
+
+[This was my own personal data entry. Total between these three for 06\/30\/21: $455,819,634,437](https://preview.redd.it/uv0ai02pmff71.png?width=1575&format=png&auto=webp&s=c474fd90d60d1f8f8f7c6e4626491b7222687fdc)
+
+I cross-referenced the above data with [https://www.financialresearch.gov/money-market-funds/us-mmfs-repos-with-the-federal-reserve/](https://www.financialresearch.gov/money-market-funds/us-mmfs-repos-with-the-federal-reserve/) and I determined it was accurate and safe to use from that point on. (saved butt loads of time) heh..butt..
+
+***LOOK HOW FUCKING MUCH FIDELITY IS USING THE RRP AS OPPOSED TO THE REST OF THE PARTICIPANTS.***
+
+​
+
+Fidelity alone accounts for 11 counterparties, and has dominated everyone. Blackrock and JP Morgan ***combined*** are just shy of half that of Fidelity's dollar amount, and have only a combined 9 participating "counterparties."
+
+My hypothesis, as per usual..
+
+***SHARE MOTHER F\*CKING LENDING!!!***
+
+Possibly due to the massive inflow of traffic?
+
+What about Vanguard?
+
+​
+
+[Only 3 funds.](https://preview.redd.it/n6s0576rnff71.png?width=349&format=png&auto=webp&s=7df0037ae12a391c99ffbea512c7c7c42069adae)
+
+■ Vanguard Market Liquidity Fund  : *$14.3 BILLION*
+
+■ Vanguard Federal Money Market Fund: *$9.8 BILLION*
+
+■ Vanguard Cash Reserves Federal Money Market Fund *$5 BILLION*
+
+*VANGUARD TOTAL:* ***$29.1 BILLION, 3 counterparties***
+
+**\[to speed things up, I'm just going to give the aggregated total for the remainder:\]**
+
+​
+
+[GOLDMAN SACHS, MARCH-JUNE. \(this loophole only works once per month on the last day of the month\) $57 BILLION](https://preview.redd.it/c5do6v38pff71.png?width=281&format=png&auto=webp&s=5a9a38d8b0420de216cfb4b49bdffb692124c962)
+
+***You'll notice a familiar trend with this subset of data. Look at FEB*** *FEB, WUT DOING!?*
+
+​
+
+https://preview.redd.it/x7vcl3fjqff71.png?width=898&format=png&auto=webp&s=072994980e72eb6b02bc148184e2be03e67af6c8
+
+LMFAO, SO YOU'RE TELLING ME, THIS SHIT HAD NO DEMAND IN FEB.. AND BECAUSE APES HELD, ALL OF A SUDDEN, REPO GOES TITS TO THE SKY, AND THERE'S NO END IN SIGHT?
+
+LADIES AND GENTLEMEN, THIS IS WHY WE HOLD.
+
+I find it hard to believe that this market magically and mysteriously goes absolutely crazy after a bogus hearing where they tried to paint DFV as the manipulator.
+
+I really think based off of this data that they never expected us to make it through Feb. They bet on us all selling, calling the squeeze squoze, until DFV blew everyone's mind on TV when he basically testified under oath that, and I'll never forget, "I like the stock. I'm as bullish as I've ever been on a potential turnaround for GameStop."
+
+This jacks my little tits so nice!
+
+Not sure what to make of this, as most of us are in Fidelity, and they clearly have the most exposure to the RRP program.
+
+WUT DOING?
+
+Here's the rest of the counterparties exposed to RRP:
+
+JP Morgan
+
+Legg MasonFranklin TempletonT. Rowe PriceInvescoDWS InvestmentsBank of AmericaDimensionalHSBCAllianceBernsteinPrudentialColumbiaPNC InvestmentsWilmington Funds
+
+Goldman SachsNorthern Trust FundsFederatedMorgan StanleyDreyfusState StreetVanguardSchwabWells FargoFirst AmericanUBS
+
+Public Financial Manag...
+
+Mount Vernon
+
+American Funds
+
+[Adding it all up, I'm still missing like 100 Billion? Interest at 0.05 would be 41.6 Billion based on the 860 billion this adds up to.](https://preview.redd.it/ohtku61btff71.png?width=495&format=png&auto=webp&s=4cacd5feba1904fa297f5691b05d1700cac4824c)
+
+​
+
+WHERE REST OF MONEY YO?
+
+I think we're missing something...
+
+AND here's the totals for that day:
+
+If you add up the difference, the interest made them about 1T.
+
+​
+
+[https:\/\/www.financialresearch.gov\/money-market-funds\/us-mmfs-repos-with-the-federal-reserve\/](https://preview.redd.it/xrrerijwtff71.png?width=775&format=png&auto=webp&s=83b45af3b4d79b7a08c124e8efab244d268c128b)
+
+​
+
+[RRP info from that day. 90 counterparties with 991.939](https://preview.redd.it/nq9ass4ztff71.png?width=1008&format=png&auto=webp&s=0974ba22826ae5707a75b8c93a7c913150f44e2f)
+
+TL;DR
+
+IDK, shit is whack. and it's because of US based on what I just saw.
+
+Found like 90% of the counterparties for the RRP market. All I haven't done yet is count the individual counterparties included in this data set. Based on data, APES holding in FEB is a direct cause of the demand for the RRP market likely due to share lending. I'm tired holy shit.
+
+I believe this website may be missing ONE MMF series...
+
+​
+
+***MMO SERIES TRUST***
+
+​
+
+That's where I look next.
+
+​
+
+"nOt fINanCiAL aDviCe"
+Seems like some of these are as close to a sure thing as you can get for cash flow generation. Anyone decide to buy something like a McDonald's franchise to help reach their goals? I have considered it from time to time, and always assumed I would need a good manager so I could eventually be a mostly hands-off owner.
+
+Edit: can we stop for a minute and just be in awe about how valuable reddit is? I had a tired thought last night, posted it before I went to bed, woke up and went to work and now can read through over 50 comments from smart people that bring up all kinds of points I hadn't considered. Thank you!
+All of this is general info, not specific financial advice, caveat, caveat, don't sue/ban, etc, etc. 
+
+> - Hi, I want to invest [$X], but don't know where to start. Help?
+
+> - Hi, I just received [$X] from Uncle Bill. It's been sitting in my savings account for six months and I figure I should do something with it.
+
+You will probably want to begin investing in the stock market. Generally /r/AusFinance recommends you start at ~$5000, and leave your investment alone for a mid-long period (8+ years). Most of this sub is broadly against investing large sums into individual companies. Picking successful companies is a full time job, so most people are not equipped to do so. Nearly all experts like Warren Buffett [recommend the average investor](https://www.cnbc.com/2018/01/03/why-warren-buffett-says-index-funds-are-the-best-investment.html) invests in [index funds](https://www.investopedia.com/terms/i/indexfund.asp). It's a fire and forget investment you don't need to think about. Managed funds rarely beat index funds because the margins are low and the people who are [handling your money need to be paid](http://fortune.com/2017/04/13/stock-indexes-beat-mutual-funds/). 
+
+The best available in Australia seem to be [Vanguard's suite](https://www.vanguardinvestments.com.au/au/portal/homepage.jsp) because of its low management fees. Most recommend Vanguard's [VDHG](https://www.vanguardinvestments.com.au/adviser/adv/v/diversified-ETFs.jsp), which is an index of index funds. It takes your money and spreads it across multiple markets, sectors, companies, nations, etc. This means that large fluctuations in economies, sectors or nations is evened out over time and your money is diversified, therefore risk averse. Your money will follow global market trends (which are unambiguously positive). Index funds nearly always outperform managed funds. Options other than VDHG are a [VGS](http://www.etfwatch.com.au/data-analysis/VGS) and [VAS](http://www.etfwatch.com.au/data-analysis/VAS) split. VAS is Australian centric though, so if you're already heavily invested here through super, savings accounts, property, etc, you might want to reduce your overall percentage of VAS. VGS is a global index excluding Australia, which makes it an attractive partner to VAS. Some people do 50/50 if they have no other investments. Others do more of a 60/40 or 70/30 VGS/VAS split if they have a bit more invested domestically. This should start your research along the right track. If you're unsure about some of these concepts, have a look [here](http://thewealthguy.com.au/managed-funds-index-funds-etf/). 
+
+> - Hi, I've never had any money and I need to change that. Where do I start? 
+
+The [barefoot Investor](https://barefootinvestor.com/) is a well regarded, Australian, personal finance book. The sub is largely positive about his advice and step by step approach, though his later steps get a little more ambiguous, especially around home ownership. It goes [pretty cheap](https://www.amazon.com/Barefoot-Investor-Money-Guide-Youll-ebook/dp/B01N79M1DS) and can be read in an afternoon - it constitutes a pretty good first investment. 
+
+> - I just got my first job, where should my money be going?  
+
+This sub supports maintaining a strong "rainy day fund", which should be able to tide you over for several months, though lengths vary depending on your situation (if you're 19 and can crash on your mum's couch, two months will be okay. If you have three kids and pets, 6 months is better). Calculate how much you spend per month and accumulate the appropriate amount into a high interest savings account. Commonly, the sub recommends against big banks who tend to not be the best value for money. ING, RAMS and UBank have great interest rates. The differences between these are negligible; the main point is to get away from places like the CBA who provide low interest rates and often still charge an account fee. 
+
+After you have established a rainy day fund, your options are wider. Follow [this flowchart for general advice](https://i.imgur.com/NmP4zCu.png). Paying down debt is one of your main priorities (disregard HECS, it's not real debt). 
+
+> - Hi, I want to buy a house but I'm scared of the impending housing crash I keep hearing about, what do? 
+
+Yeah, the debate rages. To be logically consistent, this sub is against trying to time the market. The trend for property prices is certainly positive and there's a firm consensus that in the *long* term, property value will grow. The issue is how long it will take to recover if there is a crash. Some people speculate that there will be a slow decline in value, some say a crash. Both have convincing points. Both say property is overvalued. Others say there will be no decline or crash, which I find less convincing. The risk of buying a house right now is that it rapidly loses value in the next couple of years. Unlike most investments, it losing value may not actually effect you as an investor whatsoever if you're planning on living in it. If your plans are long term, you'll be insulated by the unstoppable march of market forces. If you're buying an investment property, consider your options. 
+
+> - Hi, does anybody have any investment strategies other than index funds? 
+
+- Peer to peer lending. There are many options available and it's not "sketchy" like it might sound. [Some companies](https://www.ratesetter.com.au/peer-to-peer-lending/why-ratesetter) have been able to promote themselves as never having lost a lender money. 
+
+- Blockchain is not as widely discussed or promoted, with the consensus invariably being that Bitcoin [is a gamble](https://en.wikipedia.org/wiki/Tulip_mania), but blockchain has legitimate potential uses. Beware that you are not investing in a hype train. The general rule of betting is that for you to be profitable, you need to know more than the other competitors. Could you have a conversation about blockchain with a knowledgeable professional from the IT sector? If the answer is no, you are not qualified to judge which blockchain technology is profitable and you should act accordingly. It will be the investment equivalent of picking a horse based on the jockey's jersey. 
+
+I will add to this depending on suggestions from others. 
+
+**I will add questions, answers, amendments, adjustments, etc, if other /r/AusFinance contributors want to add some. This is a LIVE document, I'll work on it whenever somebody posts a really good answer in other threads.**
+
+We complain about all the VDHG questions every day but nobody has done anything to fix it. Here's my attempt. 
+Just comment and say what your price prediction for the 1st of January 2018 is.
+
+IMPORTANT: I'll recollect all your predictions in a spreadsheet and calculate the average value. 
+
+Let's see how close we get!!!
+
+- Current average of 163 predictions --> 710,35 USD
+- Current median of 163 predictions --> 618,50 USD
+Lately I have been seeing a lot of people saying they haven’t DRSed a single share or only a small amount. How come you haven’t DRSed a single share ? How come you haven’t DRSed 100% ?
+
+We have locked almost 60 % of the free float with so many people not even all in. Imagine where we could be.
+
+Tell us how we can help you to start your DRS process or how to help you to DRS more shares.
+
+This is not financial advice.
+My wife and I are both in our early 30s. We earn a combined pre-tax cash income of around 700k (400k/300k) with additional stock bonuses of around 400k (300k/100k). We have a young child (and another on the way), own two cars, rent a small apartment and save a significant chunk of our income. This income is somewhat new to us so as a result we have a NW of around 1.3m which is completely liquid and aggressively invested in a 3 fund portfolio.
+
+We positively hate our jobs and yearn to spend more time with our young child. Additionally, we both come from wealthy families. I am an only child with a mother who has a NW of around 10m and a father who has a NW of around 40m. My wife has married parent who have NWs around 10m. In short we should not bank on inheritance but it is a highly likely outcome.
+
+
+* The way I see it we have three options. Work 10ish years and conservatively our fatfire number of 10m.
+* Both quit, travel and spend time with our children for 2-4 years and then try to re-enter the workforce at a reduced income.
+* Wife works while we travel (possible to make 200k or so working 20-30 hours a week remote) while we coast and accumulate wealth. Don’t plan on aggressively re-entering the workforce.
+
+I am inclined to not consider inheritance in the equation but knowing our safety net I am slight less inclined to 2 or 3. Clearly the responsible decision is 1 but that comes at a cost.
+
+What would you folks do?
+
+
+Not everything is as murky as dark pool trading. It's easy to learn what GameStop plans to do with Gmerica. We just need to learn how TM's work!
+
+Instead of a drawn-out post explaining how TM's work, I'll just tell you what GameStop did.
+
+Let's go!™️ <--- Illegal to use unless whatever it's next to is actually a TM.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Since Gmerica is a new word that GameStop hasn't used for very long, they'll have to prove its future use in commerce. Prior to approval, they'll have to show the Trademark office how they're going to use Gmerica by submitting specimens 🔍. This will be made public 👀.
+
+# TL;DR: No need to speculate!
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Timeline:
+
+1. **Filing:** Done ✅
+2. **Assigned to an Examining Attorney to approve it:** 30 days ⚖️
+3. **Back and forth with Examining Attorney:** Several months ↔️
+4. **Published for opposition (people can oppose):** 30 days 🚫
+
+Total time: Six months to a year 🗓
+
+# TL;DR: Unless GameStop pays for a rush and no one cares, the TM will be live in about a year-ish.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+GameStop filed for:
+
+* A "Standard Character Mark".  They filed for a MARK, not a TRADE NAME, meaning they will likely not be making a company out of this.
+
+No one can say "Gmerica" on any of the following (a class is a category):
+
+* **Class 025:** Clothing, namely, t-shirts, sweatshirts, hats; footwear 👕
+* **Class 28:** Action figures; puzzles; dolls; plush toys; stuffed toys; inflatable toys, board games; card games; dice games; playing cards and card games 🧸
+* **Class 35:** Retail and on-line retail store services featuring clothing, collectible items, and memorabilia 💻
+
+What they did NOT file TM protection for:
+
+* A Gmerica logo. This *implies* they won't make it a separate company. However, they could do this in a future filing. 🎨
+
+# TL;DR: Gamestop filed for the exclusive right to make a bunch of Gmerica merchandise and put it online.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Buy, hodl, and then buy a bunch of gmerica stuff with MOASS money.
+With interest rates at an a low time, seems to me more vital than ever to rinse anything that gives you a little bit of extra cash in your pocket. To be clear I'm not talking about an extra job or one of those 'earn £1000's a week' things. Just little things that take very little time that give you a few extra quid a week/month that you wouldn't have got otherwise.
+
+My ways: 
+
+1. Earning cashback from money saving expert energy switch, £50 this year (after 2nd suppliers prices went up) 
+
+2. Topcashback - after switching broadband provider and breakdown cover, set to earn £170 this year alone. Obviously these things cost more than that amount, but they're both things I would have done this year anyway. 
+
+3. Google rewards surveys - for android users. Google sends you surveys that you can then use as google play credit. Earned £8 this year. 
+
+4. Cashback credit card - honestly don't get way people still bad mouth Amex cards, yes they aren't accepted everywhere, but it's certainly most places I visit. I've earned usually £50 in cashback each year. 
+
+What are your little ways?
+I am working towards fatFIRE.  And getting more eager for it each year.  Probably 2-4 years away. 
+
+I am a D1 and my wife is L5 and both at FANG companies.  I'm 45 y/o and she is 33. 
+
+I am just getting a solid amount of equity each year.  Probably around $200k per quarter vesting for me. 
+
+I mostly sell each quarter and move it over to REI. 
+Bought a lot of SFR (single family rentals) . Bought a multi fam. Lots of oil and gas.  Lots of syndications.  Not so much on vanguard index funds yet.   I mostly am focused on passive income from real estate. 
+
+My strategy is focused on only buying stable real estate that spit off cashflow each month. When the monthly passive gets to our target then I can safely remove my W-2 and retire.    So I don't have a WR in my strategy.  And I know is different than most in this sub.  Im not against it and may bring some of that in soon.
+But regardless, we have same end goal of FIRE.
+
+As much as I want to fatFIRE in the next few years, it's so hard to walk away from the high W-2 income ($1.3m for last year). 
+
+I am curious how others mentally let this go because these RSUs will never stop. They give annual refreshes.   I have to eventually once I'm ready to retire early, just having a hard time with it now. 
+
+And I do recognize that the majority of this capital is not supporting my expenses right now but rather building up cashflowing assets.  So removing that extra capital when I am done building those assets in theory shouldn't impact my families lifestyle. 
+
+
+Has anyone gone from consulting to full time, or vice versa, in tech? Also wondering about the actual breakdown of the compensation from companies.
+
+For example, [Glassdoor](https://www.glassdoor.com/Salary/Google-Product-Manager-Salaries-E9079_D_KO7,22.htm) has this Google Product Manager position averaging 250k per year. 
+
+* 160k Base Pay
+* 29k bonus
+* 66k stock
+* Other benefits would also need to be considered compared to self employed
+   * Healthcare
+   * 401k match
+   * Social Security and Medicare employer halves
+   * paid vacation
+   * Any other benefits such as equipment, software, perks, etc.
+
+I consult hourly for usually 40-80 hours per week at 120-175/hr depending on how many clients I'm working with at any given time. I've been turning down job offers from these companies for a while afraid to get pulled into the politics, pigeonholed, pay cut, less freedom to control my work, and ability to work primarily remote. I also don't want to have to work the same hours for substantially less pay in the hopes of climbing the ladder, but I'm starting to wonder if it's worth it at this point. I can make about the same amount if I am working just full time, but anything past an average of 40 hours/week I'd be better off on my own compensation wise. 
+
+Would love to hear from anyone else in these sort of positions.
+I'm thinking about investing with a friend (possibly two friends) on an investment property.  I've owned a rental property in the market for 4 years now, and we would essentially be copying my business plan. I also spent 5 years working in the market full time for other people. I mention this only to point out that I am very confident in the business plan. My relationship with this person is extremely solid, and out of all of my relationships he's the person I'd trust most to partner with. I don't want to go into my reasoning for wanting to partner vs going solo.
+
+​
+
+Can other people who've invested with friends tell their story? Good or bad, I want to hear it all. 
+
+​
+
+Cheers, and thanks in advance for your time.
+Hey, everyone. First time posting, long time lurker. Thanks in advance for sharing your thoughts. My apologies for the lengthly post.
+
+My wife and I bought our home in April 2020. I was at lunch with a friend, who is a realtor, and my email notified me of a new listing.  I immediately knew it was the house for us. We put in an offer for $680k ($10k over asking) and sent a letter to the owners explaining how much we love the house and would be thrilled to one day live there. They accepted and it was ours. This was a huge gamble on our part as it was peak Covid hysteria and no one knew what was going to happen with the economy.
+
+I love this house though I wish it were a little larger (3,100 sqft) and on a larger lot (1/3rd acre).
+
+Over the last 18 months the values in this area have skyrocketed. Yes, like most of the country. Our neighbors house just sold for $1.5m (in 5 days on the market) and it’s smaller/not renovated. My realtor-friend is confident he can get us $1.7m--$1.8m leaving us with about $1m in profit in less than 2 years. Homes here are also long-term renting for \~ $9k per month. (Quick note, I owe $490k on the house).
+
+I know the big question is, 'but where would you go?'
+
+A few months ago I found a 1/2 acre lot for sale about 10 minutes away and decided to put in a lowball offer. I ended up securing the lot for $360k in an community where homes sell for about $2.5m. Since I’ve purchased this lot, one across the street has sold for $545k. So I have some equity there, though I’m not enticed by that at the moment.
+
+We can build a 5k sqft house on this lot for about $1m, leaving us all in at $1.5m or so. And this home would be worth about $2.5m.
+
+Enough backstory… onto the question.
+
+Would you sell the current home or keep it and rent it out:
+
+* A) Sell the current home for $1.7M and pocket $1M in profit in 2 years. Roll some proceeds into building a new home valued at $2.5M. Obviously i don’t need to use all the cash as I don’t mind carrying a mortgage (800k or so). This would leave us with an $800k mortgage on a $2.5m-$2.8m home.
+* B) Keep both. Take out a loan to fund construction, which will probably have an astronomical rate of 6-8%, and then roll that into a mortgage upon completion of the build. This would leave me with a rental that costs about $45,000 per year to own (including everything) and income of $108,000, for an annual profit of $63,000. This would be more of a cash strapped position but doable.
+
+I know it may seem obvious to go with B and keep the income generating property, but I was thrown off buy a few real estate investor friends that said the opposite, "At your age (36) and $1M in 2 years... take the money."
+
+What do you guys think? Sell and cash out or play a bit of financial Tetris to keep both and rent. 
+
+Thank you
+I'm thinking about investing with a friend (possibly two friends) on an investment property.  I've owned a rental property in the market for 4 years now, and we would essentially be copying my business plan. I also spent 5 years working in the market full time for other people. I mention this only to point out that I am very confident in the business plan. My relationship with this person is extremely solid, and out of all of my relationships he's the person I'd trust most to partner with. I don't want to go into my reasoning for wanting to partner vs going solo.
+
+​
+
+Can other people who've invested with friends tell their story? Good or bad, I want to hear it all. 
+
+​
+
+Cheers, and thanks in advance for your time.
+I'm thinking about investing with a friend (possibly two friends) on an investment property.  I've owned a rental property in the market for 4 years now, and we would essentially be copying my business plan. I also spent 5 years working in the market full time for other people. I mention this only to point out that I am very confident in the business plan. My relationship with this person is extremely solid, and out of all of my relationships he's the person I'd trust most to partner with. I don't want to go into my reasoning for wanting to partner vs going solo.
+
+​
+
+Can other people who've invested with friends tell their story? Good or bad, I want to hear it all. 
+
+​
+
+Cheers, and thanks in advance for your time.
+https://stocks.apple.com/AUAwVZVNpRGevheV6PHfQjA
+
+Can someone ELI5: 
+But as central banks such as the Federal Reserve engage in one of the biggest interest-rate-hike campaigns in decades, demand for U.S. government bonds already in circulation has fallen in part because most of that debt carries lower interest rates than the bonds being issued today. That could mean a glut of cheap, low-yielding debt with few buyers.
+There’s been no emergency thus far, but the market for Treasury bonds is drawing increased attention out of concern that as liquidity dries up across the globe, there may at some point not be enough buyers of debt issued by the U.S. government. 
+...
+“If we were to have a buyers’ strike, or a failed series of Treasury auctions, 
+
+
+I don't understand this. The first part, is this like the price of bonds in the secondary going to zero? (I'm [probably] exaggerating because the yield would then be infinite.) And (second part) if rates are going up, how would you have failed treasury auctions?  I would think that people (or countries, if we're talking on the massive scale) would be buying these, since these are new issues (as opposed to buying on the secondary market ones issued a year ago ). 
+
+More questions I don't even know how to articulate.
+A developer who wrote a back of the book function that was used in an algo was charged by the US Dept. of Justice to conspiracy to commit spoofing, and aiding and abetting an algo trader (Navinder Sarao of "flash crash" fame) who turned out to be a spoofer.
+
+These are criminal charges (not just regulatory violations).
+
+Spoofing is defined as entering orders into the market that **intend** to cancel and never have filled. This is market manipulation because it gives a false indication of supply or demand.
+
+The back of the book function used the CME's FIX protocol to cancel/replace an open order to increase the order quantity. This necessitates the exchange to move the order priority to last in line (back of the book) at the given price level.
+
+The trader never told the developing firm or the developer that he planned on using this to manipulate, spoof, or violate market rules. The US CFTC and the DOJ are attempting to hold the programmer criminally liable.
+
+For this reason - I want to encourage everyone to be aware of the compliance rules, especially around spoofing.
+
+Closing arguments in this trial start on Monday. -- Updates on the verdict will follow as I hear the outcome.
+
+​
+
+**Related post in this sub-reddit:**
+
+ [https://www.reddit.com/r/algotrading/comments/33dlcs/criminal\_complaint\_against\_navinder\_singh\_sarao/](https://www.reddit.com/r/algotrading/comments/33dlcs/criminal_complaint_against_navinder_singh_sarao/) 
+
+​
+
+**Links:**
+
+ [https://medium.com/@cmackie312/commentary-no-joking-matter-1b4a444b90eb](https://medium.com/@cmackie312/commentary-no-joking-matter-1b4a444b90eb) 
+
+ [https://financefeeds.com/software-developer-accused-of-spoofing-secures-partial-acquittal/](https://financefeeds.com/software-developer-accused-of-spoofing-secures-partial-acquittal/) 
+
+ [https://www.cftc.gov/PressRoom/PressReleases/pr7689-18](https://www.cftc.gov/PressRoom/PressReleases/pr7689-18) 
+
+ [https://www.justice.gov/criminal-vns/case/jitesh-thakkar](https://www.justice.gov/criminal-vns/case/jitesh-thakkar) 
+
+​
+1.7M international subs added versus 2 guidance. 
+
+160k domestic below 500k guidance. 
+
+Q3 forecast lower than expected.
+
+[link](http://blogs.barrons.com/techtraderdaily/2016/07/18/netflix-falls-15-q2-mixed-subscribers-q3-forecast-miss/?mod=yahoobarrons&ru=yahoo&yptr=yahoo)
+Comment if you are an ACTUAL hodler.
+
+I want to know how many of you actually plan to hold for life.
+
+Are you guys still hodling? Or did you sell some?
+
+Are you guys even nervous?
+I applied for an apartment near my university and filled out everything on the application, except for a grayed out box for *Lease Term* which could not be edited and was set to 12 months. They pre-approved me and sent me a lease to sign within 24 hours to reserve a spot while they finish the approval process. In that lease it states that rent is a, "Base contract of $12360, payable in 12 equal installments of $1030, on or before lease commencement date & on the 1st day of each mth until end of contract. The contract amount is not prorated unless otherwise noted." 
+
+The problem is that the lease is for 11 months and 11 days, not 12 months. This means the rent is actually between $1087 per month and $1124 per month depending on how it is divided up (dividing by 11.366 vs 11) in addition to the fact that I would not be covered for the full 12 months I applied for. When I called they apartment and brought this up they said it was correct, "if you want to look at it that way." That's not looking at it any specific way, that's how the math works out. The rent is not what they say it is.
+
+It also states elsewhere in the lease that, "We may, at our option, require at any time that you pay all rent and other sums in one single payment by any method we specify." It seems that this means that we'll pay $1030 for 10 months, then $2060 our last month. 
+
+I called the apartment to ask them if this was a mistake and they said it is, "very very standard," for student housing and if I go anywhere else they will have the same system. So, is this sort of thing very very standard? Is it even legal? It seems like bait-and-switch to me. 
+
+Thank you.
+Fact is stranger than fiction, seems to be a sentiment that especially rings true in my life.  And while I won't bore you with all the ways in which that manifests for me (besides the incident shared below), I will suffice it to say that in almost any given week, the complexity of strange events, coincidences and things I have trouble as an atheist pinning on simple luck. (I don't believe in bad luck or good luck, just the inexplicable luck that tends to result from ones own perceptions and is enforced by ones determination to remain focused on a particular thing)
+
+Many of you saw that recently I published my first guide to kick off my new website where I'll be doing more for the community, to help beginners particularly, over the weekend.  
+
+The post is here: https://np.reddit.com/r/ethtrader/comments/6cn1cw/for_all_new_investors_and_investor_wannabes/
+
+I'm pretty excited about this project and the first of many helpful guides and tools to come.  Before I did this guide or setup my site at https://www.ethadvisor.com I also had a post on this subreddit talking about how I want to engage in this plan and help onboard new investors and more.
+
+Soooooo, it's been on my radar for a while to get this off the ground.  Much of the delays have been due to the fact I worked a full time job.
+
+Key part of that last sentance is the past tense...and that's where I'm going with this post.
+
+Monday morning I went into work as usual and was immediately approached by my supervisor.  Within 10 min I was packing up my things, now jobless and totally confused.  I'm still confused as to why they fired me.  Totally vague, even said I do excellent work, but did not want to get into why they were doing this, just that I was not a good fit for their company.  I must have pissed my supervisor off, I am a very forthright and direct person.
+
+I mean, I swear I don't smell...I def shower at least monthly! :)
+
+Sometimes there's more to be gained from losing some things, than trying to recover them...cos we make space to see and experience more than obsessing over the loss would allow. In this situation, my goal is to move forward and not get too hung up on the loss. 
+
+Anyway, here I am, just having launched my new site and first guide literally the day before, with two major things running through my mind...besides the confusion as to why they did this:
+
+1 - I suddenly have time to dive fully into this new project and really produce lots of great material, add video tutorials, tools and other rad stuff for the community here.
+
+2 - I need to figure out a way to make this sustainable so I can do it 100% and provide for my loved ones and myself...because I also suddenly don't have income.
+
+I'm definitely nervous AF, but it's also, potentially, so well timed, I can't ignore the opportunity built into this otherwise pretty sh*tty situation.  
+
+So I'm putting this out here to get some advice and feedback from the community that has helped me so much to get to this point and who I truly love being a part of.  I'd like to keep all my training and tools to come and present, free to all...I'm very passionate about helping this community and cryptocurrency at large grow.  And I want to do everything to make that happen as easily for people as possible.
+
+Any ideas you might have that could help me get some clarity and direction on this would be awesome.  I have thought of also looking for another job, but my long term plan was to eventually leave that job anyway to do this ethadvisor stuff full-time, obviously I wasn't thinking of doing that right away until these sustainability questions were clearly resolved.
+
+Regardless, I will be looking for a job just in case, there are people who rely on me so not having regular income isn't an option for me.  So please, any advice beyond "go get another job" is what I'm looking to entertain here regarding monetizing or otherwise sustaining ethadvisor and all the good I want to bring here!
+
+Thanks in advance!!
+
+
+
+
+I’m asking for reference, since there are many stats on underachieving retirement savings.  No other information is necessary.
+
+
+
+
+I am 34/m, and I have 155k invested in an aggressive portfolio, and will have a small pension depending on years worked.   
+
+
+Why do people invest in mutual funds like small cap funds or index funds. When companies like bajaj finance, asian paints, pidilite give 20-25 % CAGR. sorry if this is a dumb question. Why not just invest in these companies
+Found an interesting article about bots and how they are used for crypto trading, think the article can be useful for traders. Easy to read and understand  
+[https://cryptocurrencyhub.io/best-crypto-trading-bots-2021-792129223b54](https://cryptocurrencyhub.io/best-crypto-trading-bots-2021-792129223b54)
+When back testing a strategy which is more important to you when looking at the win loss percentage and the profitability ratio. Would you prefer a higher win rate say 75% and lower profitability ratio. or a lower win rate around 55% with a higher profitability ratio with more overall trades executed. For arguments sake let’s say both strategies return the profit over the same period.
+**Summary of Family:**  
+Self – BS/MS Civil Engineering and EI license, Structural design ($72k Salary + Overtime), college paid for by scholarships + parents, immigrant parents fled communism and poverty  
+Spouse – BS Computer Science, Front-End Engineer ($82k salary), college paid for by scholarships and minimal loans, immigrated as a child to flee a different flavor of communism   
+Dog – Puppy kindergarten, Dog (Kibble salary)    
+We rent an apartment and drive cars that are “hand-me-downs” from our parents.
+
+[    **Income/NW/Spending Summary Table + Self NW Charts**](https://imgur.com/a/VM0Sayr)    
+
+[Table link](https://imgur.com/hnPGgAC)   
+[Self Investments Chart vs Contributions link](https://imgur.com/nvU4u6A)   
+[Self NW Chart link](https://imgur.com/EjPjDOa)   
+Notes: For NW calculation purposes, joint assets are split 50/50 and added to each individual’s NW. 
+
+**Growing Up:**   
+Parents were immigrants fleeing the Chinese cultural revolution with a few suitcases and a few dollar bills to their name, not really understanding English, arriving in the USA for their 2nd PhDs each. I grew up on SNAP and hand-me-downs. Parents grew up impoverished, so we were very frugal. Mom’s career took off when I’m in middle school. Her diligent saving and my scholarships resulted in me being able to go through college with no student loans.  
+Spouse immigrated to the USA while young and grew up upper-middle class. His parents don’t really understand money, but out-earn their spending. Got a scholarship that paid for the last 3 years of college.
+
+**College/Grad school (2011-2018):**   
+Went to school for civil engineering, started doing internships and learning about personal finance, stumbled upon [The Shockingly Simple Math Behind Early Retirement](https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/). Started contributing to my internship’s 401k and to a Roth IRA and saving cash. I checked my Mint account daily and was so happy to see my NW go up and reach $10k, then $15k, etc. Mom and scholarships paid for my tuition and dorm costs, I paid for school supplies/plane tickets home/moving costs and rent/groceries at internships.    
+
+Intern Pay History (COL Index: 123.9):   
+$15.75/hr  (2012)-> $16.80/hr (2013)-> $17.76/hr (2014)-> $18.80/hr (2014)-> $22/hr (2015)
+
+My career heavily favors master’s degrees, so I applied and got a Research Assistant position for a full-ride for grad school. Grad school and research in civil engineering was miserable. I’m glad I didn’t have to pay money for it. 
+
+I was a complete workaholic during these years, and it set me up to be highly desired by employers. However, I think this accelerated my burn-out, especially since it took me 7 years to graduate with a job.
+
+The benefit of cash savings during this time was that I never had to worry about moving expenses for internships, school materials, grad school applications/travel, and any other miscellaneous expenses. While it might have been more optimal to invest more of my cash savings, the mental comfort and flexibility the cash offered me means I don’t regret a thing.   
+
+**Working Full-time:**   
+Salary History (COL Index: 90.8):   
+ $64k (2018) -> $65k (2019) -> $68k (2020) -> Switch Jobs, $70k (2020) -> $73k (2021)
+
+The differences between my salary and the income listed in the tables are due to overtime pay and performance bonuses.   
+My first job was extremely stressful and required lots of overtime to meet deadlines. I had multiple panic attacks or crying sessions after work, it was hard to sleep, I had to deal with a toxic project manager, my anxiety and stress levels were through the roof. Even though I loved my boss, I ended up switching jobs (thanks to the support of my SO for enabling this). I now work less overtime and have less responsibilities for slightly more salary, but it’s still pretty stressful. I’m still dealing with bad Project Managers, and we’ve been having some ridiculous deadline expectations recently. Currently working towards PE licensure.  
+Spouse loves what he does and has a lot of career growth/opportunities, so he’s not really focusing too hard on RE.   
+
+**Life, and where we go from here:**   
+For years my now-spouse has emotionally supported me through hard times and kept me grounded, and I’ve in turn helped him learn how to cook, develop a fashion sense, taught him personal finance, and develop his career. With him I’m [“building the life I want, then saving for it.”](https://www.reddit.com/r/financialindependence/comments/58j8pc/build_the_life_you_want_then_save_for_it/?utm_source=reddit&utm_medium=usertext&utm_name=financialindependence&utm_content=t5_2t34z). He’s not entirely on the FIRE train, but he’s 100% supportive and on board with me working towards FIRE and I’m willing to be flexible on spending budgets so he’s still happy (as long as we max out retirement accounts moving forward). 
+
+We split bills 50/50 while dating/engaged and now have fully joint marital assets. I track spending and manage the budgets and we do roughly monthly meetings to discuss finances. We spend our “boring middle” time training and spoiling our dog, taking expensive dance lessons, playing video games, and enjoying food. Currently saving a lot of cash to buy a house hopefully next year because our apartment is feeling pretty cramped with WFH.
+
+I recently connected my husband with one of my friends in the same industry, and thanks to that connection he’s starting a new job soon that will roughly triple his total compensation. This opens a lot more flexibility in our budgets and future plans. 
+
+I’m pretty unhappy with my current career (work/life balance and compensation) and my career isn’t very compatible with people who want to be active in their child’s lives. So I’m back to looking for new job opportunities for better work-life balance and a better team, but if I can’t find anything that works, we can live off of my husband’s income while I study programming and try to switch to sweet tech money/benefits. Being in a relationship/married has greatly benefited both of us emotionally and financially, and is letting us take greater risks with careers moving forward that could result in increasing the family income.
+
+While it feels like I've been on the FIRE train for forever, I realize I've only been working full-time for 3.5 years. We still have a long time to go, but we have a pretty good foundation for success in the coming years/decades. 
+
+**Inspiration:**  
+I talk to my mom about finances freely and while they really don't like the RE attitude, my parents are always happy to celebrate milestones. My mom has been coasting at her job and has been ready to RE for years (since her mid 50's), but has enough PTO to enjoy life and enjoys her work (and enjoys her health insurance since she's had cancer). My mom was able to succeed after a childhood of extreme poverty, coming to a new country, being a breadwinner for a family of 4 and the primary childcare giver, and is enjoying coasting to retirement. Whenever life gets rough, I just think "well, I have it easier than Mom ever did" and it generally helps haha. I wouldn't be here without her!
+Well, the last one seemed pretty well received. Hope this edition is helpful too.
+
+The "22" here means you're done with full-time education, have a career with meaningful income, and are responsible for your own support. Some people start this at 18, some at 26; age is not important. This assumes you are a single childless renter employee; ELI30 will cover marriage, home ownership, and children. If you have moved in with your partner but are still renting, it’s still going to be pretty relevant to you. 
+You have money now, congratulations! Read [this](https://www.reddit.com/r/personalfinance/wiki/commontopics) excellent summary of how to handle it. This will highlight three Big Ideas to get you started.
+
+* **Taxes**. Your employee income is taxed/withheld according to your income bracket. The amount of tax you pay will depend on how much you earn. Australia uses a sliding scale of tax. The highest rate of tax you will pay is known as your marginal tax rate. Please bear in mind the below example doesn't include any offsets. 
+
+($0 - $18,200)
+Nil
+
+($18,201 - $37,000)
+19c for every dollar over $18,200
+
+($37,001 - $80,000)
+$3,572 + 32.5c for every dollar over $37,000
+
+($80,001 - $180,000)
+$17,547 + 37c for every dollar over $80,000
+
+($180,001 and over)
+$54,547 + 47c for every dollar over $180,000
+
+
+This means that if your taxable income was $60,000 per year, your tax would be calculated like this:
+
+$18,200
+x nil 	        = $0
+
+$18,800 ($37,000 - $18,200)
+x 19c 	= $3,572
+
+$23,000 ($60,000 - $37,000)
+x 32.5c 	= $7,475
+
+Total tax: **$11,047**
+
+This only applies to Australian residents who are 18 and over and does not include the Medicare levy. The Medicare levy is why you get “free healthcare” it is an extra 2% of your taxable income. 
+Taxable income is reduced by deductions – expenses incurred due to being employed. Generally, they must be incurred within the hours you have been paid for or directly relate to earning income. Deductions can also include things like union fees, donations and study expenses for relevant courses and professional membership fees. 
+You must lodge a tax return if you have earned any income.
+
+Big Idea 1 is: reduce your current taxes by making less of your income taxable.
+
+
+* **Debt**. You borrow money now so you can spend it, yay! But then you have to pay it back, and typically pay back more than you borrowed, boo! You've lost money as a result. The extra amount you repay is determined by the interest rate. These are usually calculated daily. So a 10%p.a. (per annum) loan will be calculated at 0.027% daily on a compound basis. 
+The longer you take to repay the loan, the smaller each payment, but the more interest you'll then pay. It's a trade-off. 
+
+Big Idea 2: Reduce the amount of interest you pay by getting lower interest rates, and quickly repaying the debt.
+
+
+* **Investing**. In ELI18, it was noted bank interest won't make you rich. The good news in ELI22 is: investments can make you current millionaire rich. The catch is: it takes decades, and you must regularly invest significant sums. This why you start at 22! 
+Make sure you're ready to invest by checking you have:
+ - Your debts under control
+ - Enough cash for emergencies (a good rule of thumb is to have easy access to 3 months' worth of household expenses)
+ - Adequate insurance protection. (Contents, car and health are particular important).
+
+It is best to ensure you have a diversified portfolio, meaning you are not investing in one industry and are looking at several options such as shares, cash, fixed interest (bonds) and listed property. This helps any losses made on some investments will be balanced by what you gain on others. 
+
+One of the best way to ensure diversity is [Exchange Traded Products](http://www.asx.com.au/products/etf-and-other-etp.htm) (ETPs) like Exchange Traded Funds (ETFs) and Managed Funds (MFs). Your money is pooled with money from other investors and a professional investment manager uses the money to buy and sell assets on your behalf. ETF's are more liquid and have lower fees than MFs. Using ETPs It is easier to access several investment classes, including property which would be hard to get at this stage. The point of investing is to gain a return over a long period of time.
+
+Big Idea 3: Invest Early and often for your future, especially toward your retirement.
+
+
+
+Got the Big Ideas now? Good! Let's see how we combine them for some meaningful benefits for your ~22-year-old self.
+
+* Super contributions. You are going to retire someday. Invest and reduce current taxes by letting your employer contribute a percent of each pay check to your superfund. This is because [personal contributions](https://www.ato.gov.au/individuals/super/growing-your-super/adding-to-my-super/personal-super-contributions/) are taxed at a lower rate. There is a [cap](https://www.ato.gov.au/Individuals/Super/In-detail/Withdrawing-and-paying-tax/Super-contributions---too-much-super-can-mean-extra-tax/?page=5#Your_age_and_super_contributions_caps) on personal contributions, so best to check with a Tax Agent on the most you can take out. If you do add to your super you may also be eligible for a [super co-contribution](https://www.ato.gov.au/individuals/super/in-detail/growing/super-co-contribution/) from the Government.
+Remember that you still need to pay your expenses and this isn’t a huge necessity as you may have other financial goals. But still put as much as you’re able to. It’s a solid investment.
+
+This money is invested for you, available penalty-free after 65 or before that depending on your [preservation age](https://www.ato.gov.au/Individuals/Super/Accessing-your-super/). If you change jobs, the money can go with you. Make sure you put your current fund's details when you fill out your Super nomination form at a new job. Contact your superfund and they will send you out a prefilled form to make it even easier.
+
+* Yet more retirement options: SMSFs. [Self-managed Super Funds](https://www.ato.gov.au/Super/Self-managed-super-funds/) are do-it-yourself super funds. This will come up later in life as you will generally need a few hundred thousand dollars to set it up. 
+*We can go over this later, but it’s best if you keep with your industry superfund for now.*
+
+* HELP/VET-FEE HELP loans. Remember that? *When filling out your TFN (tax File Number) declaration form, it will have an option of whether or not you have a HELP debt. Make sure you tick this box regardless of your income.* If you’re an Australian citizen you don’t pay anything until you’re earning over $54,126 a year. Once you earn over this amount, repayments will come out of your wages along with your tax [according to your income](https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-thresholds-and-rates/). You can also make [voluntary repayments](https://www.ato.gov.au/Individuals/Study-and-training-support-loans/Voluntary-repayments/) and receive a bonus, though this expiries on 1 January 2017.
+Hopefully you don’t have any other debts at this stage. 
+
+Let's wrap up with a few other topics of general interest to 22 year olds:
+
+* University can be a good idea, but can also be a very expensive idea. Don’t go to Uni for the sake of going to Uni. Go there because you have an interest in a field of work and want to further your knowledge in that field. 
+
+* You may be responsible for your health insurance. (You could be on your parents' plan until age 26 in many cases, though that may cost them something.) You may be able to access a corporate Health Care Plan. They’re usually good value. Make sure you shop around. Make sure extras cover relevant expenses to your situation. i.e. If you’re not doing regular sport or don’t have an injury maybe physio isn’t that necessary. 
+
+* With more income, you can rent a nicer place within the same 30% of take-home guideline. You may not even want a roommate! Of course, any money you spend on housing is money you don't have for other things. Living with your parents is still a viable option if you want to save, e.g. to pay down student loans. Please make sure you have renter's insurance, it's well worth the small cost. (Note that we assume you are not yet ready to buy a house; you may not yet be sure where you want to live long-term, have limited work history, or have insufficient down payment.)
+
+* You can also afford a nicer car, (only if you need it!) since you have better credit, and lower insurance rates. (You don't have to upgrade your car, and you'll save money if you don't.) Paying cash is still an option, but if you qualify for a 1% car loan, consider taking it to free your money for purposes like retirement investments and loan repayments. A good target price is perhaps $15K, with a $10K loan, which works out to 4 years at $220/month. Your total cost-of-car would be about $5K annually. Selling your old car privately should get you 20% more than you would by trading it in to a dealer.
+**Don’t buy a new car**
+
+* More expenses means budgeting becomes much more important. You'll want to have a bigger emergency fund; we recommend at least three months' expenses, to cover that bad day when you lose your job and your car breaks. With more expenses to track, look into a program like [You Need a Budget](https://www.youneedabudget.com/) (YNAB) to help keep track of where your money is, and where it needs to be in the future. Alternatively just use a spreadsheet if you just want to track your spending. Look for ways to economize where you can, whether by cheaper cell-phone plans, learning to cook so you want to eat at home, or taking advantage of employee discounts.
+
+* While you don't have a lot of tax deductions yet, take a look at possible [tax breaks](https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/) for [self-education](https://www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/self-education-expenses/), [investment](https://www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/interest,-dividend-and-other-investment-income-deductions/)
+and [travel and laundry expenses](https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/). You may not need to itemize to take advantage of these, but caps may apply. 
+
+Man, was that long. Hope this helps and was a little more Australian Specific than the last one. Feel free to add anything constructive!
+
+Edit: Mixed some wording and figures up. 
+Well, the last one seemed pretty well received. Hope this edition is helpful too.
+
+The "22" here means you're done with full-time education, have a career with meaningful income, and are responsible for your own support. Some people start this at 18, some at 26; age is not important. This assumes you are a single childless renter employee; ELI30 will cover marriage, home ownership, and children. If you have moved in with your partner but are still renting, it’s still going to be pretty relevant to you. 
+You have money now, congratulations! Read [this](https://www.reddit.com/r/personalfinance/wiki/commontopics) excellent summary of how to handle it. This will highlight three Big Ideas to get you started.
+
+* **Taxes**. Your employee income is taxed/withheld according to your income bracket. The amount of tax you pay will depend on how much you earn. Australia uses a sliding scale of tax. The highest rate of tax you will pay is known as your marginal tax rate. Please bear in mind the below example doesn't include any offsets. 
+
+($0 - $18,200)
+Nil
+
+($18,201 - $37,000)
+19c for every dollar over $18,200
+
+($37,001 - $80,000)
+$3,572 + 32.5c for every dollar over $37,000
+
+($80,001 - $180,000)
+$17,547 + 37c for every dollar over $80,000
+
+($180,001 and over)
+$54,547 + 47c for every dollar over $180,000
+
+
+This means that if your taxable income was $60,000 per year, your tax would be calculated like this:
+
+$18,200
+x nil 	        = $0
+
+$18,800 ($37,000 - $18,200)
+x 19c 	= $3,572
+
+$23,000 ($60,000 - $37,000)
+x 32.5c 	= $7,475
+
+Total tax: **$11,047**
+
+This only applies to Australian residents who are 18 and over and does not include the Medicare levy. The Medicare levy is why you get “free healthcare” it is an extra 2% of your taxable income. 
+Taxable income is reduced by deductions – expenses incurred due to being employed. Generally, they must be incurred within the hours you have been paid for or directly relate to earning income. Deductions can also include things like union fees, donations and study expenses for relevant courses and professional membership fees. 
+You must lodge a tax return if you have earned any income.
+
+Big Idea 1 is: reduce your current taxes by making less of your income taxable.
+
+
+* **Debt**. You borrow money now so you can spend it, yay! But then you have to pay it back, and typically pay back more than you borrowed, boo! You've lost money as a result. The extra amount you repay is determined by the interest rate. These are usually calculated daily. So a 10%p.a. (per annum) loan will be calculated at 0.027% daily on a compound basis. 
+The longer you take to repay the loan, the smaller each payment, but the more interest you'll then pay. It's a trade-off. 
+
+Big Idea 2: Reduce the amount of interest you pay by getting lower interest rates, and quickly repaying the debt.
+
+
+* **Investing**. In ELI18, it was noted bank interest won't make you rich. The good news in ELI22 is: investments can make you current millionaire rich. The catch is: it takes decades, and you must regularly invest significant sums. This why you start at 22! 
+Make sure you're ready to invest by checking you have:
+ - Your debts under control
+ - Enough cash for emergencies (a good rule of thumb is to have easy access to 3 months' worth of household expenses)
+ - Adequate insurance protection. (Contents, car and health are particular important).
+
+It is best to ensure you have a diversified portfolio, meaning you are not investing in one industry and are looking at several options such as shares, cash, fixed interest (bonds) and listed property. This helps any losses made on some investments will be balanced by what you gain on others. 
+
+One of the best way to ensure diversity is [Exchange Traded Products](http://www.asx.com.au/products/etf-and-other-etp.htm) (ETPs) like Exchange Traded Funds (ETFs) and Managed Funds (MFs). Your money is pooled with money from other investors and a professional investment manager uses the money to buy and sell assets on your behalf. ETF's are more liquid and have lower fees than MFs. Using ETPs It is easier to access several investment classes, including property which would be hard to get at this stage. The point of investing is to gain a return over a long period of time.
+
+Big Idea 3: Invest Early and often for your future, especially toward your retirement.
+
+
+
+Got the Big Ideas now? Good! Let's see how we combine them for some meaningful benefits for your ~22-year-old self.
+
+* Super contributions. You are going to retire someday. Invest and reduce current taxes by letting your employer contribute a percent of each pay check to your superfund. This is because [personal contributions](https://www.ato.gov.au/individuals/super/growing-your-super/adding-to-my-super/personal-super-contributions/) are taxed at a lower rate. There is a [cap](https://www.ato.gov.au/Individuals/Super/In-detail/Withdrawing-and-paying-tax/Super-contributions---too-much-super-can-mean-extra-tax/?page=5#Your_age_and_super_contributions_caps) on personal contributions, so best to check with a Tax Agent on the most you can take out. If you do add to your super you may also be eligible for a [super co-contribution](https://www.ato.gov.au/individuals/super/in-detail/growing/super-co-contribution/) from the Government.
+Remember that you still need to pay your expenses and this isn’t a huge necessity as you may have other financial goals. But still put as much as you’re able to. It’s a solid investment.
+
+This money is invested for you, available penalty-free after 65 or before that depending on your [preservation age](https://www.ato.gov.au/Individuals/Super/Accessing-your-super/). If you change jobs, the money can go with you. Make sure you put your current fund's details when you fill out your Super nomination form at a new job. Contact your superfund and they will send you out a prefilled form to make it even easier.
+
+* Yet more retirement options: SMSFs. [Self-managed Super Funds](https://www.ato.gov.au/Super/Self-managed-super-funds/) are do-it-yourself super funds. This will come up later in life as you will generally need a few hundred thousand dollars to set it up. 
+*We can go over this later, but it’s best if you keep with your industry superfund for now.*
+
+* HELP/VET-FEE HELP loans. Remember that? *When filling out your TFN (tax File Number) declaration form, it will have an option of whether or not you have a HELP debt. Make sure you tick this box regardless of your income.* If you’re an Australian citizen you don’t pay anything until you’re earning over $54,126 a year. Once you earn over this amount, repayments will come out of your wages along with your tax [according to your income](https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-thresholds-and-rates/). You can also make [voluntary repayments](https://www.ato.gov.au/Individuals/Study-and-training-support-loans/Voluntary-repayments/) and receive a bonus, though this expiries on 1 January 2017.
+Hopefully you don’t have any other debts at this stage. 
+
+Let's wrap up with a few other topics of general interest to 22 year olds:
+
+* University can be a good idea, but can also be a very expensive idea. Don’t go to Uni for the sake of going to Uni. Go there because you have an interest in a field of work and want to further your knowledge in that field. 
+
+* You may be responsible for your health insurance. (You could be on your parents' plan until age 26 in many cases, though that may cost them something.) You may be able to access a corporate Health Care Plan. They’re usually good value. Make sure you shop around. Make sure extras cover relevant expenses to your situation. i.e. If you’re not doing regular sport or don’t have an injury maybe physio isn’t that necessary. 
+
+* With more income, you can rent a nicer place within the same 30% of take-home guideline. You may not even want a roommate! Of course, any money you spend on housing is money you don't have for other things. Living with your parents is still a viable option if you want to save, e.g. to pay down student loans. Please make sure you have renter's insurance, it's well worth the small cost. (Note that we assume you are not yet ready to buy a house; you may not yet be sure where you want to live long-term, have limited work history, or have insufficient down payment.)
+
+* You can also afford a nicer car, (only if you need it!) since you have better credit, and lower insurance rates. (You don't have to upgrade your car, and you'll save money if you don't.) Paying cash is still an option, but if you qualify for a 1% car loan, consider taking it to free your money for purposes like retirement investments and loan repayments. A good target price is perhaps $15K, with a $10K loan, which works out to 4 years at $220/month. Your total cost-of-car would be about $5K annually. Selling your old car privately should get you 20% more than you would by trading it in to a dealer.
+**Don’t buy a new car**
+
+* More expenses means budgeting becomes much more important. You'll want to have a bigger emergency fund; we recommend at least three months' expenses, to cover that bad day when you lose your job and your car breaks. With more expenses to track, look into a program like [You Need a Budget](https://www.youneedabudget.com/) (YNAB) to help keep track of where your money is, and where it needs to be in the future. Alternatively just use a spreadsheet if you just want to track your spending. Look for ways to economize where you can, whether by cheaper cell-phone plans, learning to cook so you want to eat at home, or taking advantage of employee discounts.
+
+* While you don't have a lot of tax deductions yet, take a look at possible [tax breaks](https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/) for [self-education](https://www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/self-education-expenses/), [investment](https://www.ato.gov.au/individuals/income-and-deductions/deductions-you-can-claim/interest,-dividend-and-other-investment-income-deductions/)
+and [travel and laundry expenses](https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/). You may not need to itemize to take advantage of these, but caps may apply. 
+
+Man, was that long. Hope this helps and was a little more Australian Specific than the last one. Feel free to add anything constructive!
+
+Edit: Mixed some wording and figures up. 
+[https://www.shortsight.com/dgazf-etn-short-sellers-down-2-billion/](https://www.shortsight.com/dgazf-etn-short-sellers-down-2-billion/)
+
+Guys, I just wanted to point this out to everyone, This is a stock that ran from $400 to 25,000+ with only 45% short interest.  This happened in August of 2020.  I remembered seeing this as it was happening and being dumbstruck at the potential.  With so many new members becoming interested in this short squeeze I thought it would be a good Idea to share this with you to show you that the price predicted here any everywhere else isn't a meme. Literally any number is possible with over 100% shorted.
+
+Have a great day fellow apes.
+
+EDITAnother great link:[https://www.etftrends.com/leveraged-inverse-channel/dgazf-weaponized-indifference/](https://www.etftrends.com/leveraged-inverse-channel/dgazf-weaponized-indifference/)
+
+The squeeze happened when the volume dried up. 
+Just received this email from Coinbase support regarding the OMG drop:
+
+Hi there,
+
+Thank you for contacting Coinbase.
+
+Unfortunately, our key-signing mechanism is not equipped to handle alt-coins that run on top of digital currencies such as bitcoin or ethereum. The security and integrity of our private keys is of the utmost importance to us. As a result, the specific private keys associated with an address are not physically available to any single person. It would take a massive effort and some very large engineering resources just to access a specific key, not to mention the inherent security risks involved.
+
+You can learn more about this on our FAQ:
+https://support.coinbase.com/customer/en/portal/articles/2829461-altcoins-and-icos?b_id=13521
+
+I understand that this is extremely frustrating, but the unfortunate reality is that maintaining and prioritizing the security of our private keys is our top priority, which means we will not be able to return any alt-coin funds accidentally sent to Coinbase-controlled addresses. I apologize, and wish there was something more we could do.
+
+Thank you for contacting Coinbase Support.
+
+Best,
+Hello,
+
+I'm a civil servant on £58,000 and with an Alpha career average pension. I'm considering going into contracting. I expect to earn about £500-600 per day. Hopefully outside IR35, though could be inside. 
+
+Contractorcalculator.co.uk say this would give me a salary equivalent to a perm emploo on between £90,000 and 140,000 depending on the rate and IR35 status. 
+
+Given how good civil service pensions are, would this move be financially sensible? 90k sounds like a lot of money but I'm aware that I'm giving up a lot in losing the pension. 
+
+Thanks!
+https://finance.yahoo.com/news/exclusive-nasdaq-informs-chinas-luckin-125716958.html
+
+Bizarre how many people were actually entertaining the idea of getting into this after the announcement of fraud - hope nobody on here actually bought.
+🎥xxxNifty | 🔞The Adult NFT Platform 
+
+👉**What is xxxNifty?**
+
+Is a **NFT** (Non-Fungible Token) Platform focused on adult content. 
+
+They changing the way fans interact with their favorite Adult Content Creators. Through NFT’s we allow Adult Content Creators to sell unique collectible videos/photo’s. 
+
+Imagine owning One-of-a-Kind content in the form of an NFT, which gives you access to a unique physical item used in the video/photo.
+
+They are creating a completely new way to interact with your favorite adult performer.
+
+Dev Doxxed ✅
+
+Website ✅
+
+Quality of Community ✅
+
+**$NSFW** Available for purchase on **PancakeSwap** v2 
+
+👉**Do you want to release an NFT with them?**
+
+They are currently accepting submissions from adult entertainers on their website
+
+👉**Who are the people who are part of the NFTs?**
+
+Now they have Adult Content Creators like : Bonni Good, Devan , Gem Stoned , Haley Girl , Heauxslayer, Kyla Says Meow, Lacey Martin, PolyAnnie, QueenSkydive, Sinn Sage, Sn3JDargll35.
+
+**Total Redistribution Rate:** 
+
+10% 
+
+5% to go towards LP Providers (airdropped every two weeks) 
+
+2% to existing holders 
+
+2% to be burned 
+
+1% to Marketing
+
+🚀If you want to know more about Website and Contract you will find the information here
+
+📈0x9DAAa05946e486ADd2c81e0d32D936866B8449D9
+
+📱Telegram Official Channel : xxxnifty
+###🧑‍🚀DID YOU MISS #ELONGATE? We will give you another chance 🧑‍🚀
+
+**ASTROELON** is a safe, auto-reward, auto-deflationary ERC-20 protocol built in response to the recent surge in **scams** and **'rugs'**. We're here to put an end to rug pulls, scams and abandonment. CHADS like you deserve a safe, continuous trip to Mars.
+
+The ERC-20 Protocol founded upon safety, community and continuance. 
+
+Fasten your Rocket-Seatbelts and strap in for a safu trip to outer space and beyond 🚀🌙💫 
+
+**USP:** 🚀
+
+In development is a GASLESS NFT marketplace for non-fungible memes, this will provide a great UX for users to mint, create and sell NFTs. This is the first meme ecosystem to incorporate this.
+
+
+|**BURN**|**VB**|**HODL**|
+|:-|:-|:-|
+|50% to VB makes ASTROELON deflationary|50% of supply sent to VB on minting, creating a hyper-deflationary scarcity factor|2% is redistributed among HODLers aka Space Cadets via Reflection
+
+
+
+📡**Telegram:** https://t.me/astro_elon
+
+🌐 **WEBSITE:** https://astroelon.net/
+
+🐦 **TWITTER:** https://twitter.com/AstroElon
+
+📢 **ANNOUNCEMENTS:** https://t.me/astroelonannouncements
+
+🤩 **REDDIT:** https://reddit.com/r/AstroElon 
+
+💙 **INSTAGRAM:** https://Instagram.com/astroeloncadets 
+
+📖 **MEDIUM:** https://medium.com/@AstroElon 
+
+📱 **GITHUB:** https://github.com/AstroElon
+
+🔐 **LIQ LOCKED  (100 yrs):** 
+https://team.finance/view-coin/0x97b65710D03E12775189F0D113202cc1443b0aa2?name=ASTROELON&symbol=ELONONE
+
+---------- ----------
+
+**CONTRACT:**
+
+⚠️BEWARE OF CLONES⚠️0x97b65710D03E12775189F0D113202cc1443b0aa2
+
+📈 **DEXTOOLS:** 
+
+https://www.dextools.io/app/uniswap/pair-explorer/0x9ec5149472db6acffb9023a47d37b4ecbcf68a4b
+
+**Roadmap:**
+
+Website ✔ 
+AstroElon Space Cadets Community Launch & Promotional Incentives / Giveaways ✔ 
+Token Safe Launch on UNI, locking liquidity ✔ 
+Full $ELONONE Smart Contract Audit 
+BlockFolio, CoinGecko, CoinMarketCap listings 
+
+**Engage Trajectory Pattern:** 
+
+Community CEX / Marketing Fund 
+AstroMemes NFT Marketplace Launch 
+
+**Payload Dispersion:** 
+
+CEX Listings 
+Merchandise – get your own ASTROELON SPACE CADET branded items and merch. Make it official! 
+AstroElon Space Cadets game Launch 
+
+**Outer Space Autopilot:**
+ 
+$10k Charity Giveaway Team up with other Elons for more charity giveaways & other integrations
+I am interested in hearing a bull case for doordash. I've seen many youtube videos, reddit posts, articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25% sales growth (sales growth 6-9x) for the next 10 years based on my model. Even Uber, which I consider to be massively overvalued, (because of its unprofitable low margin,no moat, slowing growth business) is trading only 17 billion marketcap more for postmates, uber eats and most dominant ride haling service.(63 vs 80 bil)
+
+With earnings miss, i would thought that this stock would go down, but doordash ended the day up 3.5% while airbnb is barely up on better earnings. Even Disney stock, which crushed earnings, is only up 1%, and trades at a more reasonable valuation. In my opinion, you cant miss earnings, and expect to go up, yet DoorDash did and the guidance wasnt that great either.
+
+So why did doordash go up today on earnings? I didn't see any reddit post on doordash earnings, in fact I rarely hear anyone talk about this stock which is surprising considering its a 62 billion growth company. ( i hear more people discuss corsair which is a 2 billion company) Yet, despite the earnings miss, analysts kept upgrading the price targets for this stock today yet they never explain why they upgraded doordash.
+
+I would like to hear your thoughts on why this stock is worth the price, I always like to hear bull cases, on companies I find overvalued (i enjoy reading opinions on crowdstrike, nvidia, moderna so even thought I find those stocks are overvalued I understand the market valuation is so high on those companies.) Alot of stocks that I believe to have positive sentiment isn't really moving higher, like sofi, disney, shift, alibaba, amazon while stocks that I see have more negative sentiment on youtube/reddit like doordash, carvana, zoom are performing relatively better? (Even Nikola is still worth 4-5 billion somehow)
+
+In short, I am interested in hearing a bull case for doordash and why doordash went up on earnings while most stocks went down on earnings (like sofi, ttcf, which is consider to be reasonable valuation but fell 15%)
+Lots of praise about how the airdrop is going for the reddit NFT. It works great and smooth. What I like about it that you can also mix and match with your current avatar.
+
+Here is how to get one if you have not already. I don't know the exact criteria, may about 2.5K Reddit Karma points?
+
+It looks like you need to be on a desktop. Surf around a bit and got to the home page of reddit. Make sure you are log in of course.  Then scroll down a bit and if you are qualified you should see a banner that looks like this.
+
+​
+
+https://preview.redd.it/i003ebamgri91.png?width=354&format=png&auto=webp&s=ad22ad9af87c45c6eba4ddcbf70d86ed160e1ddf
+
+click on the link and you can chose a few themes, there is a post some where showing that some of these collections are actually being action off at the moment. When you get it you can style your avatar with the NFT or you can just chose to mix and match.
+
+Anyways there you go have fun with it. show off your NFT below if you have any. haha
+
+tldr: go to desktop version, front page, scroll about a bit and look for the banner.
+
+edit: apparently if you can get it on your phone if you use desktop mode as per comment below.
+
+​
+Ive been on the fi path for about 3 years now and during that time have saved ~65% of take home. It's been great, I still feel like I live a life of extreme luxury and have just made a few smart choices to get where I am. 
+
+Unfortunately I have recently fallen in lust with a road bike worth $3000. I don't mind indulging the occasional hobby, but I know I could get something similar to do the job for ~$1000 or less, however it's so tempting to get this one as it's less than 1% of my net worth. It seems so insignificant, a blip in the stock market costs me more. 
+
+Do any of you have feelings like these? Am I crazy, or should I indulge?
+Hello all. My parents very kindly paid off my student loan recently so that I could start putting my earnings towards a house. 
+
+Despite my balance being at 0, and them paying this in around a week ago, on my pay slip I see I have been docked £150 anyway.
+
+I was wondering what I can do to get this back, will they automatically return this to me? Or is there something I need to do to get this £150 back?! 
+
+Thanks for any help!
+This site is full of amateur DIY investors who have no clue how the markets or the economy work. The irrational panic that’s gripped this sub the past week is a perfect example of this. 
+
+If you’re investing for the long term, ignore the noise. Contribute more to your investments (if you can) and dollar cost average the shit out of this volatility. Irrational investor behaviour (like panic selling) has a bigger negative impact on investment returns than just about anything else in my experience. 
+
+Please don’t make your investment decisions based off someone else’s hysterical (and often uninformed) view. People don’t ever hold themselves accountable for the bad advice they give you. Ask yourself is the news today really going to matter to markets 5,10,20 years from now? In 07/08 people literally thought the world was collapsing and made life altering investment decisions based on that and look how far markets have come. 
+
+Please ignore the hysteria and invest for your time horizon, not for what the market does today.
+The headlines are so negative and yes, economies are slowly opening, but indices are headed upwards. In the face of headlines like 25% of people now paid by Gov in UK, US jobless at 14.7% (20m) post-war high. UK set to enter worst recession for 300 years....
+
+Is it just QE buoying up asset prices or have all these headlines already been priced in?
+[https://www.cnbc.com/2019/07/03/stock-market-wall-street-in-focus-as-trade-optimism-fades.html](https://www.cnbc.com/2019/07/03/stock-market-wall-street-in-focus-as-trade-optimism-fades.html)
+I have the feeling, that a high percentage of people here rely on having real estate to live in and even more to rent out as passive income.
+
+So I wondered if it is 
+
+A: really that passive (maintenance, finding tenants, arguing with them,...)
+
+B: how big of a role does it play in youre FIRE plans?
+
+I want to start with buying a cheapass little flat to rent out to just "get used to it". Paying of the credit with a few hundred euros a month and see what happens. If everything falls apart I sell it and re-evaluate...
+
+I can't start with a 500.000 apartment so I figured that might be the way to go...
+
+Hi all, I have an almost 5 year old with an intellectual disability and I want to get her started with basic money concepts. I bought her a “spend, save, share” bank for Easter and would like a book to go with it. I have searched the wiki and did a search of the archives and haven’t found much that’s relevant. I mention the part about the ID because she’s probably more like a 3 year old in terms of concepts but she’s very interested in money so I figured we would start now. Any books you can recommend? Other ideas about how to talk to a very young child about money would be helpful! I think doing this early and often will be our best bet in helping her to manage her finances independently one day, which can be a challenge for people with her particular disability. 
+
+Bonus question: I saw info about the 30 day challenges in the wiki. Are we still doing that?
+I am married...2 kids, 20+mm NW  
+
+
+allowed to remote work permanently so considering LA (family and friends) or Vegas (proximity to LA) and 0 state income tax.  
+
+
+If I didn't have kids, it probably wouldn't even be a question. Been looking at Summerlin. Has anyone made such a move? I'm coming from a relatively wealthy area so Vegas is a little different in that there are 20+mm homes and 2 blocks away are 200k apartments.
+
+​
+
+The biggest potential issue is it may not be a great place to raise kids. They would go to private school, but I don't think you can completely ignore billboards and such
+I've seen a few posts here with people unsure of how the FHSSS works and what benefit they actually get from it. Thought I'd post my experience to give you an insight.
+
+In June I decided to make some concessional contributions to be eligible for FHSSS. I had not previously made any eligible contributions so the total amount I contributed and that was eligible for FHSSS was $15,000 (all concessional) for the 2019-20 FY and was only in my super for a short time. I completed my tax return in July and requested a determination and release. I received the funds yesterday.
+
+**Breakdown**:
+
+|Contributions|$15,000|Contributions Tax (15%)|\- $2250|
+|:-|:-|:-|:-|
+|After Cont. Tax|$12750|Deemed Earnings|\+ $87|
+|Determination Amount|$12837|Tax Withheld\*|\- $1155|
+|Released Amount|$11,682|||
+
+*\*Tax was withheld, calculated on the Determination Amount at a rate of 9% (My Marginal Tax Rate 37% + Medicare Levy 2% - 30% Tax Offset = 9%)*
+
+​
+
+So I received a released amount of $11,682 from contributions of $15,000. Doesn't sound so good but is not the full story as need to consider the tax deduction I received.
+
+​
+
+|Tax Deductible Contributions|$15,000|
+|:-|:-|
+|Marginal Tax Rate + Medicare Levy|39%|
+|Tax Benefit|$5,850|
+
+So my total amount at the end was $11,682 + $5,850 = $17,532, or an increase of $2,532. This was just over a period of <2 months in the super fund hence low deemed earnings, but clearly was worth it.
+
+Hope this helps!
+I am confused when people say to buy rentals below market value. Should I analyze a rentals market value at its current conditon (need of repairs) or at its renovated condition?
+I’m about 6 months out from pulling the plug and will give about 2 months notice.  I’m mid-40’s and trying to think of the terminology I want to use for my next phase.  I don’t want to call it retirement, because I might eventually do some consulting or part time work if I’m interested.  Also, I think it will imply more financially than I want people to assume.  What are some other creative ways to describe my upcoming hiatus from the hamster wheel?
+
+Edited to add- I lead a large team so I’m more concerned with how I frame it to them versus my boss/senior leadership.  I don’t want it to sound pretentious or give them cause for concern (people will read the strangest things into big announcements).
+Like the title says. Car was stolen from in front of my house. Saw CCTV footage of them doing extremely easily and just driving off with it. Called insurance and they said the Fire and Theft department will call back. I've heard people getting screwed over by insurance companies so I am reaching out for any advice that may help me. Thank you
+
+​
+
+EDIT - I'VE FOUND THE CAR!! Madness! My brother spotted it parked on a street near his house! It was just there with no damage apart from the keyhole. They ransacked the car but stole nothing. My baby's car seat and pram is also still here. I've brought it home and notified the police but insurers still not picking up the phone. I've now bought extra security for it. I am still expecting the thieves will be back tonight. 
+
+Thanks to everyone who offered their 2 pence here.
+People tend to forget and lose sight very fast. Many say diamond hands  slightly, but yet they lose hope fast and panic sell.
+
+This was just a month and few days ago when the end of year 2021 crash happend and many people already panic sold their coins.
+
+If they had hold onto it, most of them has been recovered. It is just a matter of time when their investment doesn't just recover, but will turn into big profit.
+
+We invest in crypto, keyword : **Invest**.
+
+If you are in cryptoverse, just for the gamble by buying shitcoins, you can go to the casino instead...this isnt called investing.
+
+But if you invest, you had did DYOR and diversify your portfolio.
+
+Time will tell, the true diamond hands will be the ones taking the best profit.
+
+In the stock market for example buying ETFs, you need at least to invest in a timeframe of 15 years to get some halfway decent gains.
+
+In crypto everything is so accelerated, people lose sight in just 1 month.
+Saved you a click:      
+
+Middle East stocks are taking their cue from last week’s global  sell-off as the emergence of a worrying new coronavirus variant  reverberates through markets, sending every big index into retreat.
+
+Dubai’s benchmark gauge dropped the most, tumbling 4.6% at 12:54pm  local time, its sharpest loss since March 2020. Saudi Arabia’s main  index fell 3.2%, the most since October 2020. There were declines in  Israel, Egypt, Jordan, Kuwait, Qatar and Abu Dhabi. Oman’s main gauge  was the only one to advance.
+
+Coming in the wake of Friday’s worldwide slump, the declines across  the energy-rich markets of the Gulf threaten to undo some of the gains  made in 2021 amid a flurry of initial public offerings and a rally in  oil prices. Brent, the benchmark grade for more than half the world’s  oil, lost almost 12% on Friday on concern the new Omicron Covid-19  variant will crimp air travel and usher in fresh lockdowns.
+
+
+
+As governments around the world announced measures to limit the  variant’s spread, Israel on Saturday banned foreigners from entering the  country for two weeks, while Saudi Arabia and the United Arab Emirates  suspended flights to and from SA — where Omicron was identified — as  well as other African nations.
+
+“We are going to mimic the sell-off we have seen in the global  markets today. I don’t think it’s a surprise,” Ahmed Badr, head of the  Middle East and North Africa at Credit Suisse in Dubai, said in an  interview with Bloomberg TV.  “The question is how long” it will last  and “what kind of opportunities it’s going to present in terms of buying  opportunities,” he said.
+Just because a favorable regulation comes into effect today doesn't mean margin calls & liquidations will happen the moment they turned the key to open their office door. We're killing ourselves with assuming tendies are coming today. We probably won't even know if/when any HF gets liquidated until days/weeks later.
+in 2008, we had the fed drop interest rates, but what happens now if we lost 40%? I think this is why i'm so freaked out now and why considering going all cash
+WSJ:
+
+> Tesla Inc. late Friday acknowledged its semiautonomous system Autopilot was engaged by the driver in the seconds before a fatal crash last week, raising more questions about the safety of self-driving technology on public roads.
+
+> Federal investigators this week began examining the March 23 crash of a Model X sport-utility vehicle that was traveling south on Highway 101, near Mountain View, Calif., before it struck a barrier, then was hit by two other vehicles and caught fire. The driver of the Model X was killed.
+
+> Tesla said its vehicle logs show the driver’s hands weren’t detected on the wheel for six seconds before the collision, and he took no action despite having five seconds and about 500 feet of unobstructed view of a concrete highway divider.
+
+https://www.wsj.com/articles/tesla-says-autopilot-was-engaged-in-fatal-crash-under-investigation-in-california-1522462409
+This isn't Shib, this isn't Doge. Those are puppies compared to the movement we have. We've got the market potential and the drive to do great things. This is a parabolic movement.
+Hoge is the next big token with an incredible community. The upside potential is currently 450-500x when factoring in potential burn, Market Cap, and current price.
+Tax:
+
+2% tax upon purchase/sale
+
+1% redistribution to holders, 1% burned. Hoge has burned nearly 60% of it's circulating supply thus far.
+An incredibly hardworking community/dev team. Devs all bought in and come from the community, and projects are actively recruiting.
+Various community projects including the Hoge Aerospace Institute (HAI) actively working to launch a CubeSat into space with the collaboration of the University of Charleston in South Carolina ,and Hoge University working to educate on crypto and DeFi.
+Just whitelisted on Pancakeswap. Funds just sent for BitMart listing. Top 5 exchange listing in review. 2-4 other medium-large exchanges in pipeline. Volume is about to EXPLODE.
+
+Links:
+https://www.reddit.com/r/hoge/
+Twitter: https://twitter.com/HogeFinance
+Website: https://hogefinance.com/
+Telegram: https://t.me/hogefinance
+Certik Audit: https://www.certik.com/projects/hogefinance
+Charts: https://crypto.com/price/hoge-finance?utm_medium=widget&utm_campaign=CoinTickerClassic&utm_source=hogefinance.com&utm_id=hoge-finance
+I (27F) was approached with a new opportunity in my field of work (same position). The offer they gave me is a base salary of 105,000 plus 6-8% yearly bonus. In my current role, my base salary is 70,000 plus commission. Commission floats between 1-2k per month depending on recognized revenue. I really like the role I’m in right now, I like my coworkers and I truly believe in the company’s services and mission. The new role would not only be substantially more money, but it also comes with a much better “senior” level title. I had no plans at all to leave, and I’ve only been at my current company for a year. They (current role) originally recruited me to build out a new team at the company but it hasn’t quite panned out the way they had “sold” it to me a year ago. I am a team of one, and I really don’t want to leave them high and dry. I am also not crazy about the prospect of taking on all the labor that comes with starting a new job, but I can’t get past the salary. I would like to buy a house someday soon, and I can’t help but think about how much more quickly I could get there with the big pay jump. Thoughts? Am I off my rocker to consider turning it down?
+
+​
+
+Edit: you guys are the best. Thank you so much for the advice. 
+I also chose the cash option if I were to go with a debit card the fee was going to be 320 dollars 
+
+Do you see the money being made? Does it make sense now why they try to fight a public ledger that anybody can view and use? 
+
+Borderless currency without those greedy entities telling us what to do 
+
+I’m butthurt 
+
+Edit1 : I did not use cryptocurrency because there is no fiat gateway for them over there 
+
+Edit2: spelling mistakes 
+
+Edit3: sad story but even if I did use cryptocurrency assuming I do not own anything at the moment, I would have to buy , wait 5 days for the bank transaction to clear, then send it over there then they’d have to sell it and wait 5 days for it to be deposited in their bank account. It’s a hassle! 
+In late 2020 I’d bought and sold fcel and PLTR a few times and made some gains. Decided to get back into them in early Feb and start selling CCs. Had a great 1st them BOOOOOOM!!! Shits gone south. Anyone else been hit? My average for fcel is 20.12 and PLTR 27.35.
+Should I cut my losses and ditch them? 
+I’m bullish on PLTR but fcel is just a bit wanky I think.
+
+UPDATE: put in a s/l for $9 today obvs it hit it. Bye bye FuckCell!!!
+Delta 0.95, dte 28d. If the stock goes up, the call will be more itm and delta will be higher, which is good. If the stock goes down, delta will become lower and hurt less. There isn’t much premium to pay when buying the call. What do you think? Thx.
+I'm currently 22 but due to graduate this year and currently work a full time internship at 56k per year. After graduation i should be able to get a return offer of around 72-80k salary at the same place (in Sydney CBD)
+
+
+By the time i graduate i should have around 25-30k savings with no outstanding debts besides hecs. My home life isn't too bad but my parents can be a little intrusive and controlling at times, however the main reason i want to move out is to start taking some control over my life and have freedom to do what i want. I have pretty bad depression, never had a girlfriend and really want to change my life but need some wisdom on the best course of action since the real world scares the hell out of me.
+Just wondering how the trades out there are doing?? I’ve noticed suddenly Tradie neighbours seem to be home more during the day (in Melb) Last year I purchased a property which needed a full Reno and had trouble even getting a response from most. Is work slowing down for you?? Thinking about purchasing an investment property which will too need a full renovation, hopefully this will help out a few local guys if work is slowing :)
+As the title says, is it ethical to invest in real estate? 
+
+I consider the decisions I make with my capital as important, if not moreso than those I make at the ballot box. I personally try to avoid any investment that directly or indirectly causes harm, where possible. Particularly around animal agriculture, farming, and mining. I extend this from my super, to my savings, and onto my daily purchases. If it means harm reduction or promoting positive policy, I'm happy to pay a premium or have sub-optimal returns.
+
+Until recently my financial virtue-signalling hasn't extended into real estate. Now, I'm considering selling my investment properties. 
+
+As my own children stare down the barrel of home-ownership difficulty, I've come to realise that my wealth, intergenerational wealth, is likely the only thing that will allow them to make a purchase before their 30s. Two children, professionals, both on single incomes. They cant buy a shoebox within an hour of the family home. 
+
+Real estate should never have become a governmentally-promoted wealth store. Successive generations of policy designed to promote housing investment has pivoted our economy into potential disaster. Real estate is the primary store of wealth for all Australians, and it has been recklessly inflated, apparently for the purpose of short-term economic growth cycles. 
+
+Housing is a human necessity that is increasingly coming at an unsustainable cost to the future generations. There is no major party I can see that would undertake political suicide by attempting to deflate the market, so I'm leaning towards independently removing myself from it. I've made more in the last 2 years on real estate appreciation than if I'd won a division 1 lottery jackpot. I can help my kids get onto the housing ladder, but can I help my country escape this predicament? 
+
+How is it possible to continue to justify real estate investment? It does not feel ethical.
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+For the developers, engineers, IT specialists among us, [CodeProject.com](https://CodeProject.com) spotlighted a blog post this morning that really resonated with me that I wanted to share here regarding the importance of having an F-U fund.
+
+[https://www.sitepoint.com/why-the-highest-paid-developers-fight-their-coworkers/](https://www.sitepoint.com/why-the-highest-paid-developers-fight-their-coworkers/)
+
+​
+
+Particularly this segment regarding why developers continuously put up with situations like this:
+
+* One of the designers you work with consistently pitches vanity features that triple your team’s work. No one says anything about it. Your boss consistently blows his stack when your team fails to ship on time.
+* Your account manager is an enabler. Clients feel scope creep is a virtue so they request more work with no change in the timeline. You’re expected to deliver these results.
+* One of the developers on your team does *terrible work*. You know his work is shoddy so you’re constantly cleaning up after him. He gets all the credit for your pristine edits, though.
+* You write pristine code that performs beautifully. Your coworkers, who didn’t understand what you did, decide to change a “few things,” they break everything. Everyone is angry. The developer who made the changes to your code points at you.
+* You’re forced to work with a prima donna developer who feels his work is (much) better than yours. He doesn’t mind saying so on a daily basis. Your boss says you have to work with him, so you take his abuse and try to finish quickly.
+
+​
+
+Having been in this business for decades this really hits home for me, and it makes me regretful that I didn't focus on gaining financial independence earlier in my career because I worked so much crunch and took so much abuse from customers for just the reasons the author states; I really needed the money.
+Something that has struck me about the FI movement recently, is the huge amount of effort a sizeable number of people are putting into getting tiny incremental gains and savings, while ignoring arguably the most important component, rate of return. 
+
+As an example, I will use five MSCI indexes, and their annualised return over the last 25 years. The first three of which are representative of the kinds of investments a lot of us here make. These are the MSCI UK, World, USA, USA Quality, and USA Momentum. 
+
+The 10 year annualised standard deviation (a 25 year figure isn’t shown here, but I have linked the 40 year backtest too, which also has comparable std dev), is 15.58%, 13.75%, 13.54%, 12.76% and 13.17%, so all fairly comparable. As for the 25 year annualised returns (which incorporates multiple large bear markets over the period, and a variety of market conditions), they are 5.54%, 7.81%, 10.46%, 12.71% and 14.11%. 
+
+If you invested £1,000/month, increasing said investment with inflation, and assuming 2%/year inflation, for 25 years, you would end up with the following portfolio values in real terms. £470k, £644k, £948k, £1.33m and £1.65m.
+
+I fully understand that discussing how to maximise savings rates is important, where to cut back, how to utilise spending, and so on, but to me at least, it feels like a lot of people don’t put much thought into the index/investment/s they choose. The aforementioned examples are all from the same provider, with comparable volatility, diversification, and within reason, similar fees and accessibility. 
+
+This is just something to think about, and obviously the specific indexes weren’t the crux of the point, but just for the sake of a real world example. 
+
+**TLDR: Returns make a huge difference to your FIRE plans, minute savings don’t, should we be discussing/focussing on the former more?**
+
+**Edit: To be clear, betting on something like an active fund or specific sector, because it has had decent recent returns, won’t necessarily outperform, they suffer a reversion to the mean.**
+
+**That is completely different from factor investing, which is a systematic approach, that has consistently outperformed the market, over 200+ years of US data, as per Fama & French, and a dozen other pieces of literature. Please don’t conflate selection bias, with factor exposure.** [Link ](http://www.cmgwealth.com/wp-content/uploads/2013/07/212-Yrs-of-Price-Momentum-Geczy.pdf) [Link 2](https://rady.ucsd.edu/faculty/directory/valkanov/pub/classes/mfe/docs/fama_french_jfe_1993.pdf) 
+
+[MSCI UK](https://www.msci.com/documents/10199/587e9bae-0a65-49e8-b1c6-bb84cf061441)
+
+[MSCI World](https://www.msci.com/documents/10199/149ed7bc-316e-4b4c-8ea4-43fcb5bd6523)
+
+[MSCI USA](https://www.msci.com/documents/10199/67a768a1-71d0-4bd0-8d7e-f7b53e8d0d9f)
+
+[MSCI USA Quality ](https://www.msci.com/documents/10199/4af921f5-0bbc-470b-ad69-19a177fad9cf)
+
+[MSCI USA Momentum ](https://www.msci.com/documents/10199/f3a22268-affd-478a-b7a7-50dc90fad923)
+
+[Compound Interest and Inflation Calculator  ](https://www.aarp.org/money/investing/investment_return_calculator.html)
+
+[MSCI Factors 40 Year Backtest ](https://www.msci.com/documents/10199/313df136-0da3-46b2-ace0-5c5b737a0989)
+I am really embarassed posting this but I need some perspective. I feel I am in a massive rut but, I am hoping I am just too close to the problem. I would love some objective thoughts on my life. But first, some context of my situation:
+
+I am a 30yo male. I am degree educated. I grew up in a violently abusive home (black eyes, broken arms etc.). When I was old enough I left, literally in the cover of night. I worked a part-time job, studied at Uni and found a small flat. Eventually when I graduated, I got a bunch of different jobs while still working part-time, always jumping my main job for whatever offered me a bit more stability or money. A few years later I got a job for a bank in IT risk and worked there for many years. I also started seeing several therapists to deal with the PTSD I was diagnosed with due to my childhood. I have been prescribed various medications with minimal success.
+
+Fast forward to today and not much has really changed. I no longer work two jobs, but I am absolutely exhausted to my core. I have tried taking time off work, but it doesn’t help. All my life has been is just this horrible struggle to survive to the next day and now that I am 30 and I don’t really have anything to show for it. I just wish everything would stop so I could catch my breath.
+
+I currently stay in a small, dingy one bedroom flat, but its affordable. I do have some savings (£8k) but it is all the money I have in the world, and I have no family whatsoever. So if I ever fall ill, get fired... whatever - that money is ALL the money I have in the entire world to protect myself. It’s my only lifeline.
+
+I am not sure what to do next to make the next 30 years a little more tolerable. I have never travelled due to my financial situation, but last year I took a trip away to another part of the UK to see if it helped and it did not. Not even in the slightest. I also follow all the textbook recommendations religiously (e.g. exercise regularly, breathing exercises, medication, avoiding junk food etc.). I live very frugally, I don’t even have internet in my flat. I try to save as much as I can thinking one day I can buy a flat outright or run away. If I could afford a flat outright, I would only need a part-time job to survive and then could just finally decompress and process the last thirty years. It would provide me stability and allow me to actually find out what I like and want to do next.
+
+The only way I can see that being possible is to continue to climb that corporate ladder. The difficulty here is, the corporate world really exacerbates my depression. I have hated all the jobs I have ever worked and all the different industries they were in but, like everyone else here knows, it pays the bills. I really don't want to go any higher up. My current role is the most tolerable job I have ever had and that is partly because it’s a bit of a dead-end. I have no issue with that only, I don’t know if it’s enough money to change my life or just perpetuate my survival. I don't see it ever converting 8k - 80k anytime soon, or however much a mortgage is. Alternatively, me pushing myself to climb the ranks or taking another part-time job again – is honestly too much for me to handle anymore.
+
+I wake up so empty every morning. I wish I could take control over my life a little better. I am so angry my childhood is still dictating my life even today.
+
+\^ That’s my life so far.
+
+Any advice on how to make it better going forward?
+I am in the process of interviewing for a position with another company. I am very experienced in my field and worth more than what I am currently being paid. Due to that fact as well as some recent mergers at my company, my current role is no longer serving me and my family. 
+
+The position I am interviewing for will need me to start almost immediately and that is where the challenge comes into play. The first paycheck in February for my current job pays at least a 10k dollar bonus that was based on this past year’s performance. 
+
+I want this new role, but I do not want to lose that bonus by leaving early, but would be willing to if I can get a sign on bonus. 
+
+The person who is making this decision knows my expected salary going into the next interview. 
+
+My question is this, how do I ask for a sign on bonus in the amount of 10k without sounding greedy or ungrateful?
+
+As a side note: I am a female and feel that this is relevant because us ladies tend to under sell ourselves and I have let that bite me in the ass in the past. This time i want to be smart about negotiating and making sure that they know that I am a worth the extra
+
+Thank you!
+
+***Update***
+
+First of all I just want to thank all of you for your support and great comments. I appreciate all the different insights from all levels. I have been going through all the comments and just do not have the capacity to respond to all of you so I just want you to know that I am super thankful. 
+
+Secondly, I had the interview today and it went very well. Salary and compensation did not come up, as most of you said it wouldN’t. It looks like offers won’t be extended until after the first of the year so I think starting in February is completely reasonable. I have a former colleague who is working this position right now and is putting a good word in for me too. So that will help. At the end of the day the money is not the main reason I am changing jobs so I am flexible. 
+
+You all rock! 
+Old Lady Ape here,
+
+I have been trying to get the word out about Direct Registration (while I fail horribly at learning how to use Reddit), and I do think a lot of apes have finally heard about it and are considering it in their own personal financial planning.
+
+But I have also heard many times that apes don't understand what makes Direct Registering of stocks so important.  They have their stock in a cash account at a reputable broker and stock in cash accounts are supposed to be "segregated" and protected from being shorted... what else could go wrong?  So lets get into this shall we.
+
+[I made a meme.  Does that make me a zoomer now?](https://preview.redd.it/zaquupd46de71.png?width=394&format=png&auto=webp&s=44532062e5ec76fa379ac27751535946909c3497)
+
+First of all and maybe last of all, **you think you have stock in a cash account at a reputable broker**
+
+And you do...sort of...We have heard from many sources that GME is literally rolling in FTDs, Failure to Delivers.
+
+**Who do you think the GME stock has failed to deliver to?**
+
+You might think 'not me, I can see my stocks in my account right now... see.' ...But so can everyone else.  The DTCC who is the registered owner of your stock gives each broker the ability to entitle a share into your account while it waits on actually delivery of that share.  Crazy right?  Your stock might not be there, in fact, if you purchased it within the last 30 days, it probably isn't.
+
+**But I have a Cash account!**
+
+I know, I know... let's back up here a minute.
+
+When you opened your broker account (maybe you transferred from the Robbing of Hood) you probably specifically signed up for a cash account because we all now know that Margin is an empty hollow hole of corruption.
+
+[cash account vs. margin account](https://preview.redd.it/mmh6a0rg7de71.jpg?width=642&format=pjpg&auto=webp&s=a5adfe26521fd4246ed92eeddb24655553fa1331)
+
+But also probably because you know that shares held in a cash account have certain protections that Margin accounts don't:  like not being able to be shorted out from under you, because of the Customer Protection Rule,  [SEA Rule 15c3-3](https://www.finra.org/sites/default/files/SEA.Rule_.15c3-3.pdf) which requires all shares in a cash account and 140% above collateral in margin to be in the physical possession or control of your broker.
+
+​
+
+[Physical possession or Control](https://preview.redd.it/mc3o3j5p7de71.jpg?width=660&format=pjpg&auto=webp&s=db3c0907040013ecad9e189be1a044f3d2ca6aee)
+
+But what you may not have known, is that there are lots of ways that your broker can be in "control" of your shares.  Would you like to hear about some?👀...
+
+I guess that's a yes.
+
+1. If all else fails, your broker can just borrow a share, as long as the fail to deliver lasts long enough.  What's long enough? 30 days, but that's just the first round of juggling
+2. Now the real magic is in this little number.
+
+[other.... yes other](https://preview.redd.it/d1pvit5z7de71.jpg?width=688&format=pjpg&auto=webp&s=526077f0083e30fe98ff58dc4dfa4b14e99b4084)
+
+So what other organizations are considered in good control of your shares... Here's a few
+
+* **SAMs**\- I'm not exactly sure what this program does, but it looks suspiciously like it rips up ETFs and puts them back together.   Sounds safe.... right?
+
+[SAMS- not the warehouse](https://preview.redd.it/gto806l28de71.png?width=646&format=png&auto=webp&s=2b153dee5be317ce517fe052fbab1caf1508e33b)
+
+* **SBP-** Ah, the good old stock borrow program.  Supposedly this little rehypothecation pool was closed in 2013, but the SEC left it named as a place of good control in the regs just in case they wanted to bring it back.  Here you see that securities under control may actually be in the Anticipated Delivery Program for an additional 14 days before having to be called back to fill in for an FTD.
+
+[I guess T+2 was just a meme](https://preview.redd.it/rb3xghuy8de71.png?width=677&format=png&auto=webp&s=a2f4f50987f01e52362b36f4affe79961c4b586f)
+
+* **Obligation Warehouse-** Now this program is too cool to be named in the Customer Protection Rule itself.  It works like a clean up crew for the clean up crew.  This program is only mentioned surreptitiously in the Rule through mention of a program called RECAPS.
+
+[Recaps- redates and reprices FTDs](https://preview.redd.it/qmrf6mt59de71.png?width=638&format=png&auto=webp&s=c23125e6c96628a4e4e9f6b4c0b4e97b8c95b1ce)
+
+If your shares for your cash account fail to deliver in the CNS, Continuous Net Settlement, then your share gets to make a little vist to the [obligation warehouse](https://www.federalregister.gov/documents/2010/12/29/2010-32730/self-regulatory-organizations-national-securities-clearing-corporation-order-granting-approval-of-a).  There it will be given the full spa treatment of being repriced and redated to get off that old failed share smell.  Remember when I said the broker had 30 days to borrow or buy in your share if it failed?  Well guess what just happened to that day counter.
+
+[Introducing the Obligation Warehouse!](https://preview.redd.it/lafzdq5d9de71.jpg?width=606&format=pjpg&auto=webp&s=eefef487cf41ada9680137040f0de0dd4f83937d)
+
+These fails are matched to the entity liable for the share but without the customer wondering where their share is, there is no pressure to actually buy in the fail.  The old RECAPs program repriced and redated fails every quarter but the new Obligation Warehouse does it more frequently than that, about twice a month, I believe.  Isn't that special.... 
+
+So that 30 day buy in requirement is pretty much a joke as these obligations are recapped continually until they are eligible to be filled in the CNS.
+
+So while apes are hunting all over Brazil for the naked shorts, I'm guessing the long shorts are hanging out right here, in this special little warehouse, "Where FTDs go to die"- Wes Christian
+
+[RIP](https://preview.redd.it/y2n4qrumade71.png?width=537&format=png&auto=webp&s=238d229aecff781bd1bdb039b6586b03f48b7eb8)
+
+And whose FTDs are they? They are mine, they are yours. Brokers comingle our shares in a "segregated" account, 1 share is everyone's share and 1 fail is everyone's fail.
+
+But Direct Registered shares cannot FTD, a share must be found and delivered on the book of register.  It's +1 for you and -1 for the DTCC, no warehouses, Sams, or Pools (unless you want one of course ♾👀) involved, smooth brained ape simple.
+
+Ape no fight Ape! Please be gentle 🤗🦍💎👐🚀♾
+
+**TLDR: shares bought in a cash account are not safe from being a FTD.  Even if the shares show up in your account, they could be being stored in the Obligation Warehouse where the FTD is repriced and redated.**
+
+This article from The Intercept helped me connect the obligation warehouse to Recaps and to the legally available programs considered "control" of securities.  Its a multi part long article about penny stock manipulation but interesting.  [https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/](https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/)
+
+\*This is not financial advice.  **Registered shares may be difficult to sell in a MOASS situation.**  Please do your own research before making any individual investor decisions.
+
+Here are some of my posts about Direct Registering shares to help with that.
+
+[https://www.reddit.com/r/Superstonk/comments/o76au8/direct\_registering\_shares\_what\_it\_is/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/o76au8/direct_registering_shares_what_it_is/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/o5f8zy/preliminary\_information\_for\_direct\_registering/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/o5f8zy/preliminary_information_for_direct_registering/?utm_source=share&utm_medium=web2x&context=3)
+
+[https://www.reddit.com/r/Superstonk/comments/oix5zk/step\_by\_step\_method\_for\_direct\_registering\_shares/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/oix5zk/step_by_step_method_for_direct_registering_shares/?utm_source=share&utm_medium=web2x&context=3)
+
+**FUD patrol**: I am a fan of registering shares and have done so with my forever♾hodl shares. I am not telling anyone do anything, I am only providing publicly available information for informed decision making. This is nothing but **Buy and Hodl but in my own name instead of the DTCCs name.** Also, I have slowly provided this information in an attempt to thwart off the idea that there is any urgency to register shares. There isn't! **This is not urgent!** Take your time and think it through.
+Every few days, I like to stroll over to r/GME_Meltdown and look at the memes they're posting. I am full in on GME and will ride it to the moon. However, seeing comments going over there and berating them for making fun of us is not acceptable. Before u/DeepFuckingValue made it big on GME, people gave him alot of flack and he always stayed cool and humble. We have to be the bigger person here.
+
+Remember: There will always be people that will make fun of your choices until they are proven wrong. So let's not spread hate, but let them have their fun. Let's try to keep a good face and spread positivity.
+>China’s most widely-followed stock benchmark tumbled into a bear market after a selloff in some of the nation’s biggest technology firms.  
+>  
+>The MSCI China Index slid 3% Thursday, extending losses from its mid February high to more than 20%. This is the second time the gauge has fallen into a bear market in a little over a year. Last March, major equity benchmarks slumped following the spread of the Covid-19 pandemic.  
+>  
+>“I wouldn’t be at all surprised if we were to see an ongoing 10% correction in the MSCI China over the next quarter or so,” John Woods, Asia Pacific chief investment officer at Credit Suisse Group AG, [told](https://www.bloomberg.com/news/videos/2021-05-12/likely-correction-in-equities-over-summer-credit-suisse-s-woods-video) Bloomberg TV on May 12, citing increased regulatory intervention as a top concern. “This is weighing on the extremely important tech sector.” 
+
+[MSCI China Enters Bear Market After Tech Selloff; Alibaba Slumps - Bloomberg](https://www.bloomberg.com/news/articles/2021-05-13/msci-china-enters-bear-market-after-tech-selloff)
+
+*technical, apologies for the spelling mistake.
+I’ve spoken to many brokers, banks etc… they all say don’t invest in a unit.
+
+No capital growth and strata fees are killers. It doesn’t quite make a lot of sense to me.
+
+Anything else I’m missing?
+​
+
+[Hi, I'm Troy McClu...err, \/u\/schismsaints](https://preview.redd.it/lzsb9ky2h7a71.png?width=225&format=png&auto=webp&s=8d709e3952f111fa21f696a57a2c7a0104475412)
+
+You might remember me from my reddit hits such as "Why does AutoMod hate everything I do?", or [my most recent post from a couple of days ago](https://www.reddit.com/r/Superstonk/comments/of20ou/a_deep_dive_into_nftgamestopcom/).
+
+I wanted to update my previous DD with some recent findings, clearing up a few points as well as expanding on the research I've done thus far.  As before, you can find the current DD image in multiple formats here at my GitHub repo - [https://github.com/schismsaints/GME\_NFT](https://github.com/schismsaints/GME_NFT)
+
+To start, if you aren't familiar with basic blockchain concepts, [my previous post](https://www.reddit.com/r/Superstonk/comments/of20ou/a_deep_dive_into_nftgamestopcom/) and [this one](https://www.reddit.com/r/Superstonk/comments/ofndb0/a_crypto_dive_with_the_jellyfish_10_things_about) from /u/Dismal-Jellyfish (seriously, it's well worth a read) will help get you up to speed on the different token types, smart contracts, and other general blockchain concepts.
+
+**An Update on GME Tokens**
+
+Edit: Mandatory disclaimer - *don't be a dummy and buy random alt coins that just happen to say 'GameStop', you're almost certainly getting scammed*
+
+* [ERC-20 GameStop.finance scam token](https://etherscan.io/token/0x9eb6be354d88fd88795a04de899a57a77c545590) \- Obvious scam is obvious, but finding this token gave me a link to be able to more conclusively debunk the 69,420,000 ERC-20 token
+
+https://preview.redd.it/tcf7cmqnr7a71.png?width=256&format=png&auto=webp&s=c4e2a7928d64cbbfc523ab59b7ade084dba3eef4
+
+[\\"The missing link\\"](https://preview.redd.it/ami03a1ur7a71.png?width=249&format=png&auto=webp&s=72c594892dfb607b865f03f9ef8f28755837fe9d)
+
+* [ERC-20 GME GameStop Token](https://etherscan.io/token/0x5b7d043ecb3a694069cc01e763159ea1bde0541d) \- Thanks to several of the commenters on my last post(s), I went through a deeper dive into the ERC-20 GME ('fake 1337420' address) token and agree that it is likely a scam.
+   * The two most solid pieces of evidence identifying the scam are:
+      * [0xfoobar directly disputing its validity](https://twitter.com/0xfoobar/status/1409740353738096641?s=21)
+      * [More than one address holding the confirmed scam token as well as this one](https://etherscan.io/tokenholdings?a=0xfb5484a510c48c307fd0253ee4d0a0866950f9a3)
+   * [There is one address](https://etherscan.io/address/0x7f8c1877ed0da352f78be4fe4cda58bb804a30df) which has ties to some potentially relevant blockchain companies (Cudo primarily) that had me doubting early on whether it was a scam, but on further research I've found a lot of links to Nigeria, Dubai, etc which, while not red flags in and of themselves, certainly don't line up with GameStop corporate hiring their own domestic blockchain team.
+
+[Largest single GME ERC-20 Token holder address](https://preview.redd.it/1wimkjrp48a71.png?width=738&format=png&auto=webp&s=313c9516cfef292f5a4570e971a292ddce3810f7)
+
+* [ERC-20 GME Coin Token](https://etherscan.io/token/0xd4596454a0e145842d1319d6921399e8e1622ad7) \- I have identified [an external account](https://etherscan.io/address/0x503828976d22510aad0201ac7ec88293211d23da) involved in funding the GME Coin address, but the trail went cold after that.  I can't confirm or deny that it is legitimate at this point; in either event, whoever created it went through more effort to hide their tracks than the other tokens.  It does not appear to have been sold/swapped anywhere as of yet. 
+   * Edit: Listed on Uniswap, scam city most likely here as well
+* [ERC-721 GME GameStop Token ("The One and Only")](https://etherscan.io/token/0x13374200c29C757FDCc72F15Da98fb94f286d71e) \- I suspect this will be the only one of its kind minted, either as a teaser or POC token for further NFT work.
+   * One interesting possibility came to mind that - while not a crypto dividend per-se - could still have some interesting applications to securities exchanges or implications for the MOASS.  Caution: Speculation/theorycrafting inbound
+      * Consider the scenario involved with shareholder voting, where each shareholder receives a control number on each brokerage where they hold shares.  Each control number is associated with the number of shares held at a point in time snapshot.
+      * With ERC-721 or ERC-1155, a unique NFT could be minted for each shareholder/control number.  The number of shares associated with each NFT could either be held in an external DB or as metadata (a field on the token itself).
+      * This would create a public record of the number of shares held by individual shareholders at a point in time and could be updated on an annual basis (or more frequently if desired) in line with shareholder voting standards.
+      * This also avoids the 'crypto dividend' hangups associated with Overstock as there isn't any money involved nor is there any way this method could prevent legitimate short selling - it's merely a public ledger of shares in circulation.
+   * Alternatively, if they do a crypto coin dividend instead of a crypto stock dividend like Overstock, presumably they wouldn't place the same restrictions on selling which was the main point of contention in the Overstock case as I understand it.  See below for some reading on Overstock.
+      * [https://realmoney.thestreet.com/investing/stocks/overstock-is-paying-a-digital-dividend-and-it-gets-really-interesting-now-15037958](https://realmoney.thestreet.com/investing/stocks/overstock-is-paying-a-digital-dividend-and-it-gets-really-interesting-now-15037958)
+      * [https://www.irmagazine.com/technology-social-media/how-overstock-used-blockchain-distribute-its-digital-dividend](https://www.irmagazine.com/technology-social-media/how-overstock-used-blockchain-distribute-its-digital-dividend)
+
+/u/No-Fox-1400 has a lot of the same thoughts I do in his posts here:
+
+* [https://www.reddit.com/r/Superstonk/comments/ofiev4/the\_man\_with\_the\_plan/](https://www.reddit.com/r/Superstonk/comments/ofiev4/the_man_with_the_plan/)
+   * The timeline here including Overstock was an excellent read, but the part I really want to call out is this
+
+[This is in line with my thoughts on timing - NFT platform launch on 7\/14, announcement of dividend\/crypto play on 7\/14, and record date for a crypto based dividend on 7\/24](https://preview.redd.it/olsculkf38a71.png?width=678&format=png&auto=webp&s=dbdaefd50c398f333896a14a204bafaa79334fd2)
+
+* And here: [https://www.reddit.com/r/Superstonk/comments/ocvqlp/the\_rules\_dont\_matter/](https://www.reddit.com/r/Superstonk/comments/ocvqlp/the_rules_dont_matter/)
+
+https://preview.redd.it/89f8rnnw38a71.png?width=692&format=png&auto=webp&s=edc369dbfdb253baf183cdf837c9f725610a5a58
+
+Edit: The 7/14 date's significance has been potentially debunked
+
+​
+
+[I felt a great disturbance in the Force, as if millions of apes cried out in terror and had their tits suddenly deflated](https://preview.redd.it/38ex38jzh9a71.png?width=592&format=png&auto=webp&s=c8bc7969700a59428e93a0cdc90934ef3fa433c2)
+
+This is a great post from /u/Hey_Madie that goes into more detail on EIP-1559 and this tweet
+
+[https://www.reddit.com/r/Superstonk/comments/oh7ugx/an\_explanation\_of\_launchdate\_714\_nft\_eip1559/](https://www.reddit.com/r/Superstonk/comments/oh7ugx/an_explanation_of_launchdate_714_nft_eip1559/)
+
+**Recent Activity**
+
+/u/clawesome and /u/nuclear-falcon noticed some recent activity on the original smart contract here
+
+[https://www.reddit.com/r/Superstonk/comments/ogjbcy/one\_of\_the\_addresses\_associated\_with\_the\_gamestop/](https://www.reddit.com/r/Superstonk/comments/ogjbcy/one_of_the_addresses_associated_with_the_gamestop/)
+
+I've drawn out these relations on the long format diagram, shown below
+
+[Adding approving parties\/other devs to the owner\/approval list](https://preview.redd.it/507nrqd258a71.png?width=530&format=png&auto=webp&s=26992c61f9346de0a90cc46bea65c17011018810)
+
+Huge credit to /u/HandyBananaMan for being almost as obsessed with the transaction logs as me and pointing me toward several bread crumbs along the way.
+
+TL:DR; Buy, Hold, Buckle Up.  GME Blockchain team hard at work to bring us something mind blowing.  I expect that *even if* a crypto dividend does not materialize, the [nft.gamestop.com](https://nft.gamestop.com) project will be revolutionary and will function as a large catalyst for price movement regardless of a dividend play.
+
+​
+
+[This is the PNG format of the diagram here for convenience, but the current version is always on my GitHub repo.](https://preview.redd.it/i09xoc4e78a71.png?width=4808&format=png&auto=webp&s=03f646219e746517c83364692af14e96180906d6)
+First of all a lot of hidden fees. So my parents bought it for $5k and $150 for renewal fee each year for 10k points. The issue is that many hotels at the minimum require about 20k points on the low estimate. I seen some of them up to 70-100k points. That means I would have to buy it and hold on to it for a few years just to get a hotel. Mostly because of points inflation 10k points might seem like a lot but after every year hotels require more and more points to book them. There is also many hidden fees like $30 a year just to keep onto your points that you already paid for! And also every time you book a hotel it'll cost you a $300 transaction fee. To show you how bad this is I tried to book a week  in Bali. By the time all the fees have added up the it cost $500 to book it  via the RCI website with all the points paid for. It gets worse because that same hotel in Bali charges $50 a night if you book it through them which is $350. You are literally paying more for the hotel by paying it with your RCI points.
+**The real ‘Wolf of Wall Street’ has some thoughts about the stock market:** 
+
+>"It's the most expensive 'free trade' you can have," says Belfort. "I saw a marketing demo from one of the big 'free trades' players advertising how they were 'helping the little guy,' and they're hand in hand with the big guys. It was like a betrayal of trust." He says that market makers pay so much for order flow because it gives them an exclusive window into where the market is moving. When firms see tons of orders coming in for Tesla, they can purchase shares for their own account, pushing up the EV-maker's prices for their clients when the next flood of orders arrives. "Order flow is everything," he says. "It tells you where the market is going next. It gives the high-frequency market makers a crystal ball and puts the small investor at a big information disadvantage. Seeing all that order flow gives a market maker information that the public doesn't have."..In his example, if the market maker buys XYZ at $50.01 and sells at $50.09, it makes a fat, 8¢ spread. But if the firm "worked the order" by seeking buyers willing to pay a bit more, it could purchase for on behalf of its client at $50.05, and sell at $50.06. The seller gets 4¢ more, the buyer gets 3¢ off, and the trade costs the little guy just 1¢ instead of 8¢. "Traders' compensation depends on marking up trades and keeping wide spreads," he says. "You'd have to be Mother Teresa not to fall for that temptation."
+
+[How Robinhood (and the other brokerages that have followed them) Make Money on Trades Despite Taking No Commissions](https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on-customer-trades-despite-making-it-free.html)
+
+What is Payment for Order Flow? [Investopedia Article](https://www.investopedia.com/terms/p/paymentoforderflow.asp)
+
+>..payment for order flow is a practice pioneered by [Bernard Madoff](https://www.investopedia.com/terms/b/bernard-madoff.asp)—the same Madoff of Ponzi scheme notoriety.The Securities and Exchange Commission (SEC) said, in a [special study](https://www.sec.gov/news/studies/ordpay.htm) on PFOF published in December 2000, “Payment for order flow is a method of transferring some of the trading profits from market making to the brokers that route customer orders to specialists for execution.” Payment for order flow (PFOF) is the compensation a broker receives for routing trades for trade execution.
+
+[Payment for Order Flow is banned in the UK](https://www.cfainstitute.org/en/advocacy/policy-positions/payment-for-order-flow-in-the-united-kingdom)
+
+[Payment for Order Flow is also not permitted in Canada](https://www.gbm.scotiabank.com/content/dam/gbm/market-insights/etf/october/2019-10-02-Free-Trading.pdf)
+According to the Prime Directive 15% of annual gross into retirement is a reasonable goal. I've seen posts that tell people that 15% isn't nearly enough and they should also be maxing out their $6k Roth and $20.5K 401k every year on a pre-tax salary of 76K? That's nearly 50% of take-home. 
+
+I'm all for saving but this seems a wildly unrealistic, how could someone on that salary plan for other goals (non-retirement savings, a down payment etc) when going all-in on retirement?  I'm currently putting 17% of my gross salary into retirement, and all retirement calculators I've used say I'm on track. I understand people have different goals and no advice is one-size-fits all, but should I really be feeling bad with what I've saved?
+that's basically it, i mean how can you not be bullish about GameStop. 
+
+* Business Transformation
+* Cash on hand
+* growing industry 
+* excellent management
+* hardcore DRS'ed  shareholders growing by the day
+* customer obsessed retail team
+* No debt
+
+​
+
+I would love to listen to counter arguments, keep it simple - tell me. How are you not bullish about GameStop?
+I recently made a jump in TC from 180->500 and was wondering if getting a financial planner at this salary is worthwhile?
+
+I'm mid 30s and live in the DMV area. The plan is to max out 401k, mega backdoor Roth, trad IRA, and then save the rest in cash towards the purchase of a house. 
+
+I currently have 500k saved in retirement accounts.
+
+Edit: thanks for the info. Sounds like keeping it simple is a perfectly good plan.
+$GDET - GD Entertainment & Technology, Inc
+
+Reasons you should get out now before it's too late
+
+* As of last Quarterly Filing for August they have just over $2,000 in their bank account
+   * They just filed an extension for late filing for period ending November 2020
+   * What cash do they have to pay for this filing
+* $153,000 due from officer?
+   * Are you kidding me this says it all. They must have loaned the CEO this money. For what! Is this publicly traded company Anil Adnani's personal piggy bank? I think so.
+   * This stinks of something fishy
+* Revenues just over $1,000 for last quarter
+   * I've made more money selling on ebay in the last 30 days, should I become a publicly traded company too?
+* Spread so thin
+   * They just pick the "hot" businesses to say they are involved in 
+      * Blockchain, CBD, Gold Credit Cards, they do it all
+
+**This company is insolvent, the second an investor refuse to convert their Debt. Heading for bankruptcy, stay far far away.**
+We are a married couple moving to New York this year and debating between renting vs buying in a place like Brooklyn. We still need to commute to Manhattan. We are interested in a place with 2 or 3 bedrooms. Does it make sense to rent and invest the rest of our money in the market or buy a place and hope it appreciate? We don’t know how long we’ll stay in New York. Maybe a few years or maybe buying a place will make us stay longer. 
+
+On a personal level, I’ve been wanting to own my property for many years (maybe it’s a sense of security and accomplishment) and I really love decorating so it would be nice to have my own place to decorate vs a rental property.
+Those kind of things got me attracted to Bitcoin, Bitcoin that was made as a protest to these criminal bankers, not wether btc should be 1mb, 2mb or 8mb. Seems people forgot about it. I miss those days man and got tired of these scaling topics. Lets focus more on why Bitcoin was made in the first place. 
+Here’s my [original post ](https://www.reddit.com/r/personalfinance/comments/i202t4/i_18_was_just_kicked_out_of_my_house_and_have_no/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
+
+
+I firstly would like to say how thankful I am for all of the replies I’ve gotten. I’m sorry I couldn’t reply to everyone’s comments, but I promise I did read many of them. And to those who have  privately messaged me as well, thank you for that! You guys have given me amazing advice. I’m sorry I didn’t really reply to any messages, I have nearly 200 and I’ve been really overwhelmed lately to respond to all of them, but I promise I’ve read them. This sub is full of amazing people, who have given me a lot of hope. Not much has gone down but there’s a couple changes. 
+
+Many people told me to withdraw my money from an ATM and I have, I drove around for awhile until I was able to get all of the cash out. I have an appointment with my bank at 10:30 tomorrow to discus removing my mom from my account and I am still heavily considering switching banks, I do like the bank I’m at, and they have a great virtual app for teenagers/young adults to help manage their money which has helped me. 
+
+My mom won’t give me my car back until I pay her $2,400 that I “owe” for the car. Apparently she’s been paying $100 of my insurance for the past 24 months, which Ive had no idea, and I would have gladly paid for it to prevent something like this being thrown in my face. I told her to just give the car to my brother then, as I don’t even have that much currently, and my boyfriends dad is a mechanic and trying to find me a cheap car that he can fix up a bit. It won’t be great, and it’ll be a beater car but it will work for the time being until I can afford better. 
+
+I’m currently staying with a friend who’s family has been extremely kind to let me stay there, drive their cars, shower, eat, etc... I’m going to be moving into my best friends house eventually, her mom invited me to and said we can make the spare room into mine. I’ll be paying for some of the groceries, helping with household chores, taking care of animals and other miscellaneous tasks. I offered them rent per month and they were extremely kind to refuse. I do still plan on looking for my own place eventually but at least I have time to sort things out and not feel rushed. I was beginning to panic and this has really calmed me down. 
+
+My job is finally giving us bonus pay for working all of Covid. It’s only around $300, and I’m going to get another $200 for completing manager training. It’s only $500 total, which isn’t much in the “real world”, but it’s going towards a new car. 
+
+I keep in contact with my mom, it’s hard for me to completely cut her out, despite how toxic she’s been I still love her. She has said very harsh things to me including telling me I’m not her daughter anymore. I offered her two options between us trying to work things out and going to counseling or never speaking again and she said, “Then we don’t have a relationship anymore.” She keeps flip-flopping between telling me how much she misses me and loves me, to saying how she never wants to see me again. I feel very manipulated, and she’s sent me threats that “there will be hell to pay if I’m not home today.” So I decided that I’m not going back home. I offered to talk in person once we’ve had some time apart, so I can feel safe and comfortable. She laughed at me again and told that “you have to feel safe around your mother.”  I sent her a list of reasons why I didn’t feel safe coming home and she still keeps playing the blame game. I miss my little brother the most, and he’s been cheering for me this whole time, without him I would fall apart. Tomorrow morning I’m going home to pack up my extra clothes, blankets, pictures and whatnot before my mom gets home from work. 
+
+I am in need of some advice, my mom was in charge of a bank account for me that holds roughly $15,000. This money was given to me from child support payments and will money. My mom told me legally this was given to her to help raise me so she won’t give me any of it, and laughed when I asked. I have no idea if there’s anyway I’m able to get the money. I tried looking it up but I’m confused and figured this sub would be great at helping. I’m going to bring this up to the bank tomorrow, as I feel that this money has to legally be mine. 
+
+I would also love some advice on how to build my credit up! I have no idea where to even really start. I plan on buying a cheap laptop for school, like a chrome book that I can possibly use a credit card and pay off within the first month. Any other tips are welcome!
+
+I appreciate everyone’s kindness, and to those who have reached out to offer to pay for a meal or something for me, thank you for showing me how amazing some people truly are. I wouldn’t accept anyone’s money as I feel bad taking money from strangers. This sub has made me feel a lot better about the future, things will still be rough, and I don’t have an easy road ahead of me, but I know I’ll be okay in the end.
+
+-Edit: Thank you so much for the award! It’s my first one ever!!
+We have seen banks spent the whole week preparing for an oil price collapse and the margin calls that would come with it.  HSBC took a big hit from the Singapore oil trader’s default.
+
+What are the Chances the other banks are currently under distress and are masked by covid 19 situations?
+   I'm a 57 year old truck driver who has been privileged to watch every iteration of  technological evolution from the tech revolution of the 70's and 80's to the MAJOR evolutionary step of Blockchains . 
+
+   We are currently witnessing ( and are a part of) the biggest technology evolutionary step since the introduction of the internet in the mid 80's. 
+
+  " Experts" were saying the same things about the internet they they are saying about Crypto..." It's a fad and will never work". 
+  " This will never be used by the average person" 
+" It will never replace ( old tech here)".
+
+   I remember when NASA's " Super Computer" had less memory and processing capability than the outdated cell phone you gave your two year old. 
+ 1.5G hardrives were considered " overkill" . Processors were as big as your fist and waiting 30 seconds for a simple JPEG to load was considered " lightning fast".
+
+   My point here is, my generation took it all for granted. We didn't appreciate the historical significance of what we were witnessing,  what kind of power and control we were being handed. 
+
+  Don't let this happen to YOUR generation. Appreciate the significance of blockchains, the tech and case uses behind your favorite currency. Make sure you fully grasp how important this all is. As a community, maybe we should concentrate more on the tech than the monetary value.
+
+    You aren't just investing. ..You are all part of history. You are all helping improve our world. Take pride my friends. Sorry so long, just needed to get this off my chest.
+
+
+EDIT; For those who have given awards, my apologies...my chat is not working atm but Thank you all.
+
+UPDATE; Been driving all day and just got to check back in. Holy Smokes what a great response.  I originally wanted to address every comment, but that won't be possible. Thank you all so much for reading this and commenting. It gives me hope.
+So I got a new credit card with over $5k limit. I venmo myself $5k and pay 3% credit card fee. I then withdraw to my bank account and then trade it for a week and put it back. Right? 
+
+​
+
+Stonks
+
+Edit: I started with $200 on robinhood. Went up 43% so then I deposited $2k in td Ameritrade. Now I'm waiting for the $5k. Hopefully next week is green
+
+Edit2: https://imgur.com/a/K2zfok3
+
+Edit3: This only works up to $5k per week because venmo limits
+
+Edit4: https://imgur.com/a/T4nOaAA 
+ https://imgur.com/a/5PPKwyT
+
+Edit5: A lot of people are saying that this is considered a cash advance. While technically it might be from what I've read venmo is considered a purchase and does not count as cash advance on credit card
+
+My current Positions but im not sure yet what ima buy with the $5k
+Edit6: https://imgur.com/a/kvrVwWf
+I joined my company in April 2021. My offer letter says "Eligible for an annual bonus of up to 10% base salary." While not guaranteed, it is spoken about as if it's basically guaranteed unless it was a particularly bad year. The annual review process wasn't started until Feb 2022, and they laid out a timeline that said they expected headquarter approval on raises and bonuses in March, with them being paid out in April.
+
+On April 29 our CEO sent an email saying that bonuses were still in the approval process and would now likely be May. He said he knows how disappointing and important this is, and that he's working to do everything he can to get them approved. Nothing came on the May 15 paycheck. And the May 31 paycheck was processed on Friday. Nothing on that either, and no explanation.
+
+While in the middle of this, I was contacted about a new job, interviewed, and received an offer. I already negotiated a later start date in hopes of receiving this bonus and to work around previously planned vacation. So I haven't given my 2 week notice yet, but suspect that as soon as I do, they will halt payment on my bonus.
+
+So, is there anything to be done except cross my fingers and hope for the best? I feel that further delaying my start date or now asking for a sign-on bonus isn't a viable option. I guess I can hope that the company will still honor it, but I have no way of knowing what their reaction to me leaving will be. Frustrating to potentially miss out on thousands of dollars by a single pay period.
+Guten Morgen to this global band of Apes! 👋🦍
+
+Ryan Cohen has spoken once again.
+It has been *far* too long since we've heard words from the man, but what a glorious return.
+Calling out the Fed's reckless approach to monetary policy is exciting, but doing it with a sex tweet gets my tits absolutely jacked to the max.
+Is this the start of something big?
+I cannot wait to find out.
+
+Today is Wednesday, October 12th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$25.66 / 26,39 €**  *(volume: 2233)*
+- 🟩 115 minutes in: $25.55 / 26,27 €  *(volume: 2226)*
+- 🟩 110 minutes in: $25.53 / 26,25 €  *(volume: 2226)*
+- ⬜ 105 minutes in: $25.51 / 26,24 €  *(volume: 2211)*
+- 🟩 100 minutes in: $25.51 / 26,24 €  *(volume: 2211)*
+- 🟥 95 minutes in: $25.14 / 25,86 €  *(volume: 2187)*
+- 🟥 90 minutes in: $25.16 / 25,87 €  *(volume: 2187)*
+- 🟥 85 minutes in: $25.39 / 26,11 €  *(volume: 2012)*
+- 🟥 80 minutes in: $25.54 / 26,26 €  *(volume: 160)*
+- 🟩 75 minutes in: $25.54 / 26,27 €  *(volume: 160)*
+- 🟥 70 minutes in: $25.38 / 26,10 €  *(volume: 1911)*
+- 🟥 65 minutes in: $25.53 / 26,26 €  *(volume: 1901)*
+- ⬜ 60 minutes in: $25.71 / 26,44 €  *(volume: 1306)*
+- 🟥 55 minutes in: $25.71 / 26,44 €  *(volume: 1006)*
+- 🟩 50 minutes in: $25.72 / 26,46 €  *(volume: 980)*
+- 🟥 45 minutes in: $25.71 / 26,45 €  *(volume: 946)*
+- 🟩 40 minutes in: $25.74 / 26,47 €  *(volume: 935)*
+- 🟩 35 minutes in: $25.73 / 26,47 €  *(volume: 279)*
+- 🟩 30 minutes in: $25.73 / 26,46 €  *(volume: 113)*
+- 🟩 25 minutes in: $25.72 / 26,45 €  *(volume: 109)*
+- 🟥 20 minutes in: $25.70 / 26,43 €  *(volume: 94)*
+- 🟩 15 minutes in: $25.72 / 26,45 €  *(volume: 94)*
+- 🟥 10 minutes in: $25.70 / 26,44 €  *(volume: 59)*
+- 🟩 0 minutes in: $25.71 / 26,44 €  *(volume: 16)*
+- 🟩 US close price: $25.27 / 25,99 €   *($25.60 / 26,33 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 0.9723. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Just published in Journal of Financial Economics, the working paper is [here](http://www.lse.ac.uk/fmg/assets/documents/papers/discussion-papers/DP782.pdf).
+
+Abstract
+
+Cryptocurrency markets exhibit periods of large, recurrent arbitrage opportunities across exchanges. These price deviations are much larger across than within countries, and smaller between cryptocurrencies, highlighting the importance of capital controls for the movement of arbitrage capital. Price deviations across countries co-move and open up in times of large bitcoin appreciation. Countries with higher bitcoin premia over the US bitcoin price see widening arbitrage deviations when bitcoin appreciates. Finally, we decompose signed volume on each exchange into a common and an idiosyncratic component. The common component explains 80% of bitcoin returns. The idiosyncratic components help explain arbitrage spreads between exchanges.
+I've been algorithmically trading for a few years now. I have all different algorithms and have back tested sometimes up to 50 years worth of data on charts ranging from 5 minutes to 1 day.
+
+I just wanted to share that I find it truly amazing that any algo I stumbled across with a very healthy win to loss ratio also was paired with a win rate between 30 and 33%.
+
+just looking for anybody out there who has seen the same results or who might be able to explain this. I'm leaning towards efficient markets doing their thing but just trying to get a conversation going around this for some more insight
+I just want to see what's out there. Just stats. I'm not asking for strategy (yet lol).
+
+For some context. I typically trend follow and mix in mean reversion into my portfolios. Trend following systems are easy to build, so I spend most of my time trying to find a "good" mean reverting system to mix into my portfolio.
+
+Mean reversion systems generally have a negative skew, high win rate (>70%), large number of trades (2-10/week), and a win/loss ratio of 1:3. 
+
+I recently developed 17 different mean reverting algorithms, and ran them for a year on a test account. Every one of these algos had those characteristics. 
+
+​
+
+[2021 Mean reverting algo performance](https://preview.redd.it/t202hwf5o5n81.png?width=1213&format=png&auto=webp&s=e5f24fbb4d11eef3722d745fa385880d25bb6e7a)
+
+So I'm probing this group to see if anyone is running a mean reverting system with positive skew, 3:1 win/loss ratio, frequent trades (2-10/week), and a high win rate (>70%). 
+
+If you want to watch the 2022 performance of these algorithms you can see it [here](https://billiondollaralgorithms.com/live-trading). There's also a public FXblue account for them [here](https://www.fxblue.com/users/laronbillions).
+Exactly 2 years ago I decided I wanted to become a teacher. But in order to do that, I had to start really saving, because student teaching doesn’t pay but it takes as much time as a full time job for a total of 8 months. 
+
+Anyways, I had created a “to-do” list of goals in order to get ready for student teaching. 
+-get savings up to $300 by September 2016
+-pay off credit card of $3300  by March 2017
+-pay off car by August 2017
+
+Y’all, I did it. I paid off my car, I have no credit card debt, and I’ve saved 12 thousand (!!!!!!) just in time to start my full time student teaching in August. I’m going to go down to working 1 day a week to focus on school. 
+
+Make realistic goals for yourself. And don’t forget how far you’ve come. 
+I'm in my 40s, and when I was growing up and through the beginning of my adulthood, the pinnacle of protecting one's finances and identity was to safeguard the Social Security Number. We all were taught, don't give out your SSN and protect it because that's the proverbial key to your financial kingdom. Be wary of who asks you for it, it was said. Never give it out over the phone, we were taught. If someone unscrupulous got ahold of it, it would be a disaster.
+
+Now fast-forward 20 years and I think this is no longer good advice. Sure, if someone unscrupulous gets ahold of your Social Security Number, maybe they could make a big mess. But what's different now is that, we individually no longer have any effective control over who has that information. Our personal data is shared with anyone who wants it. They store it, sell it, share it, slice it, dice it - almost always without our knowledge or consent. And when it changes hands, we almost never get a say in it.
+
+There's no use in waiting for someone, or a gov't/regulatory agency, coming to save us. They don't care enough about consumers and constituents to upset wealthy businesses who take part in this circle. Anyone with any influence or authority doesn't have enough motivation to stick up for us.
+
+So we have to take it upon ourselves to protect ourselves, with the meager tools we have. And the concept of protecting that small string of numbers still remains the same. However, it's not one's SSN that should be the recipient of our protection anymore. It's the freeze/unfreeze PINs that the credit bureaus issue when a credit report is frozen.
+
+I believe that all persons with a Social Security Number should keep their credit reports frozen with all 3 of the major credit bureaus at all times. When the freeze is initially implemented, the consumer is issued a PIN that's used to temporarily unfreeze (used in advance of when the consumer is legitimately applying for new credit) or permanently unfreeze (I don't know why a person would want to do this) the credit report. **This is the number that should be protected at all costs.**
+
+The process is a lot easier than it used to be. Now, it's free and automated. Two of the 3 major bureaus allow the consumer to create/manage the credit freeze on their website. One requires a phone call to an automated system. It take 10 minutes, and can potentially save the consumer from falling prey to a serious situation. It's practically impossible for anyone to pull a credit report (using a hard pull), and therefore consider any application for credit, when a credit freeze is in place. And 'frozen' should be the default status of everyone's credit files.
+
+[Equifax Security Freeze site](https://www.equifax.com/personal/credit-report-services/credit-freeze/)
+
+[Experian Security Freeze site](https://www.experian.com/freeze/center.html)
+
+[Transunion Security Freeze site](https://www.transunion.com/credit-freeze)
+
+Please feel free to correct any facts that I misstated.
+I've seen a few posts about this the past couple of days and just wanted to clarify things. If you've played around with margin accounts before, you might've experienced the problems that can emerge from being margin called yourself. You have a certain time period to meet a new requirement for cash on hand or the brokerage liquidates your position even if it makes you lose money.
+
+What I'm saying is, the MOASS doesn't start just because a firm gets margin called. For all apes know there could have been multiple margin calls already, but they haven't failed them, YET.  
+
+**It starts when a firm FAILS a margin call.** 
+
+It starts when they can't meet the new margin deposit requirement, either because the stock price of GME increases (which decreases the size of their existing deposit as a percentage) or they can't raise enough cash in time by selling other holdings. Once ONE SINGLE FIRM FAILS, the dominoes will start to fall because at that point the DTCC will start to liquidate positions which will **trigger a chain reaction driving the price upwards like you've never seen**. The first one to be liquidated will be at the cheapest price.
+
+The DTCC holds margin deposits for its Participants. But these are mostly U.S Treasury Securities or U.S Debt Securities. They also hold some Cash in Money Market Funds as margin. They don't really fluctuate in value once they are deposited.
+
+[From their Annual Report.](https://imgur.com/a/Lv3hHN1)
+
+So either GME increases and they need to add more dollars OR margin requirements change (new rules on the horizon) and they need to liquidate other positions to add more dollars. If they can meet the new requirement by adding more dollars, it's business as usual. BUT IF THEY CAN'T..... 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+It's just a matter of time before they won't be able to meet those requirements. GME ain't going bankrupt anymore and the margin requirements are being adjusted. All apes need to do is wait as the interest continues to bleed them dry. Buy and HODL. Not financial advice.
+
+EDIT: Clarified a line.
+EDIT 2: Removed an accidental use of "we" - this is individual apes knowing stuff, yo!
+Every day since January I wake up with my titties jacked. This could be the day, or not!!!
+
+I’m getting my shit together while getting ready for the MOASS. I’ve reorganized, redecorated and tidied my home. Gotten rid of all of the bullshit stuff I had. I’ve lost 25 lbs since January. I got to throw out all my fat girl clothes and buy clothes that make me feel good. I’ve been working out, eating clean. I stopped drinking and using drugs. I’m off my depression meds and feeling fine! I feel more confident than ever. I’ve made friends, gotten a promotion at work (they’re gonna miss me)!!  Honestly my life has never been better. And the longer they kick the can down the road, the longer I have to acquire more shares and improve my life even more!!!!!
+
+Edit:
+
+Hey guys! Thanks for the love. I thought it might help if I gave details on how I achieved these things to hopefully help and inspire you all. 
+
+Weight loss: I started eating more fruits and vegetables. I eat 2-3 meals a day, cut back on snacks. I make sure to eat plenty of protein. Drink water. Cut back on anything that doesn’t make me feel great (I was living on muffins and pastries before). A little bit of intermittent fasting. Try to walk about 30 minutes a day. Don’t worry too much about exercising if your goal is weight loss, for me it makes me hungrier (especially cardio). Calories in, calories out is the most important factor. Track intake using My Fitness Pal. Treat yourself every once in a while. Now that I’ve reached my goal weight I do strength training for muscle toning. The weight fell off faster than ever in my life and I have always struggled.
+
+Reorganizing home: I went through each category of items one by one and got rid of anything that I don’t love. Clothes, kitchen stuff, books, beauty products, expired or never used food items and vitamins… go through everything!
+
+Everything else has been like a domino effect. The weight loss, healthy eating and exercise has made me more confident at work and boosted my mood. The daily walks in the sun help too.
+
+Most importantly, take it slow and be kind to yourself!!! Become obsessive about self-care. When you’re taking care of yourself and showing yourself love, you want to be the best person you can be.
+I almost don’t want to post this because as I wrote, this argument is emotional at the core. People who don’t bother to even read the classic DD dismiss us as a cult, but the reason we aren’t is the logic and reason behind the DD. If we’re a cult, we believe in no god other than evidence.  
+
+Yet, I post it. Why? Because I haven’t seen this argument used in the endless debating about whether or not this is the kill shot. I think it’s a good one that came to me while I was taking a dump at work.  
+
+On to it. Think back to October of last year. The quarterly report was about to come out and DRS was being brought up in the subreddit. The truest of apes (I will admit, I was not in this group) did it back then, based on the writings of Queen Kong. Many others ridiculed them for low limit sale potential (ignoring how easy it is to drive to the nearest ComputerShare center and make limit sales to your heart’s content) and the old technology they use.  
+
+Then the quarterly report comes out. One ape notices a line of text, “Direct Registered Shareholders: 5,000,000”. No company has written their DRS numbers in a quarterly report as far as I know, and I used to read lots of quarterly reports because I’m a fucking loser with no life.  
+
+Point being, they took the whispers and put a loudspeaker on them. It legitimized DRS and now most of us have gone that direction.  
+
+Cohen loves to delight shareholders. Matt Furlong ended the previous two reports with a message of thankfulness and togetherness with retail owners.  
+
+They led us to the land of the guaranteed shares, while those at a broker better hope they have a locate for every short they’re lending. If the shorts all have locates, all good, they will get three shares from every short as the DTCC gives them to the short party to give to their lender. If not, their client will default as they try to buy 3 shares for every share they phantom shorted. Then the broker will default as they try to buy what’s left.  
+
+If you’re in this sub as much as I am, you know the number of shorts without a locate may have began 6 years ago with no limit to its maximum.  
+
+So that’s the idea. It’s based on trust of our company’s leaders.
+Title says it all really. This subreddit 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. Upvote or comment if you have interest in something like this. 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. You're call reddit.
+
+Edit: Developers pm me and I can send you repo details soon if you would like to contribute. 
+
+Edit 2: Lots of messages from awesome people looking to help. This might just become something! I will be getting back to all of the developers who messaged me... might take me through the weekend to get back to everyone. 
+Im closing on a 4 unit property in Chicago's New City area. It has a $254,602 purchase price. 4,25% interest over 30 year fixed rate and $0 down payment. The cap rate is at 10% owner and pays the mortgage plus utilities owner occupied, or 15% cap fully rented.
+
+
+
+
+This will be my first leap into real estate and I want to make it count. I've been reading this page and been looking for awhile for a good entry point. I think is pretty good numbers-wise. I have passed up a few properties before this one and I don't want to keep throwing opportunities away. I would like to hear opinions.
+I would like to hear anyone’s experience with buying a live-in multi family building in a non ideal area. Really interested in a 3 plex in my area that’s on the boarder of gentrification and non ideal/dangerous area. I’m definitely not high class or looking down on the area, like the area is known for stabbings and car break ins.
+I know that a proportion of people in this group will say that it’s financially irresponsible to spend any significant sum of money on a wedding, but that’s what I’m doing - please don’t hold it against me! 
+
+My partner and I are both in career transition after taking redundancies last year, so we are managing our dollars carefully. We are getting married next year (was supposed to happen in 2020, but you know covid and all that) and I’m looking for innovative ideas to save costs on the event. 
+
+The venue requires most things to be brought in/arranged ourselves, which allows me to purchase the alcohol and make some savings there. I’m also not having a bridal party. We will have around 80 guests, and will need a caterer, photographer, flowers, furniture etc.
+
+Any ideas would be gratefully received. Thank you in advance
+For a machine learning experiment, I would like to summarize an order book with some statistical measures. Does anyone know what is commonly used here?
+
+For example, I am looking for a measure which makes a statement about the "shape" of both sides of the order book.
+Hi, I’m an applied math and statistics major doing a minor in CS from a top University in Australia. I’m looking at getting into a Quant role after my Honours year (4th year here) or potentially even a masters. I was wondering if anyone had any insight as to what personal projects would develop the programming skills required in a quant trading or researcher role and would make a resume stand out as well, as well as what languages are useful in the industry. I get that they’re both different roles so I wouldn’t mind ideas for projects for both. Thanks
+In recent years there’s been a change in the way investors, economists and officials think about public borrowing. They’ve become less interested in the debt’s size, and more focused on what it costs. With occasional hops and bounces, [30 years treasury yields](https://finance.yahoo.com/quote/%5ETYX?p=%5ETYX) have been on a pretty steady decline since 1985, which makes borrowing ever-cheaper. 
+
+Treasury secretary Yellen said that even though the amount of debt relative to the economy has risen, the interest burden - the amount the Treasury pays to service its debt - has not, due to lower interest rates.
+
+[If it were possible to take interest rates into negative territory I would be voting for that.](https://www.azquotes.com/quote/711345) \- Janet Yellen, "Why Gold Is Unstoppable" by Doug French, [www.caseyresearch.com](https://www.caseyresearch.com). March 19, 2014.
+
+On the other hand, Michael Burry is betting that interest rates are about to go up.
+
+Let's assume FED raises interest rates, that brings up the question: How are we gonna service the debt if borrowing costs get increasingly more expensive? It seems like a debt death spiral - the more expensive borrowing is, the more debt you need to take to service it.
+
+What are your thoughts?
+I just lost my vehicle to an accident and am about to lose my job if I don’t find a means of transportation today. 
+
+I’ve been looking into financing vehicles and or taking out a loan to pay a private seller. 
+
+I also just started rent a home and everything is starting to overwhelm me. And I’ve started to run low of funds not being able to get to work. 
+
+Any guidance is appreciated. I’m 21 years old by the way.
+Over the past week, I have been driving for a private transportation company. Yesterday I made $345 that I wouldn’t have normally. Find a private transportation company and as them if they have surges where you can work part time, even a day a week. Big concerts or sporting event days are great because you get paid to just hang out (listen to podcasts, do homework, etc) It will pay more than Uber/Lyft and all you need to do is get to their dispatch center. Here is the thing… you are driving THEIR CAR and using THEIR FUEL. This week for a day and a half of driving, I made $500 and spent nothing… idle time costs me $$.
+I've seen a ton of sentiment around here that we're not anywhere close to the bottom yet.  That maximum damage is still yet to come.  Nobody on this sub or anywhere else for that matter actually knows where the price will go.  If it's so obvious that bitcoin is going below 10k, why aren't you shorting it right now?  Why haven't you sold everything you have?  Why aren't the people who are far more knowledgeable, experienced and invested than you dumping since it's so obvious that BTC is going to 10k?  Seems like an easy way to profit, since it's so certain, right?
+
+It's not.  We could have already hit bottom.  Truth is, nobody knows.  Even if we aren't at the bottom yet, here's the fate of 99% of investors on this sub:
+
+\> BTC drops further.  "This isn't maximum damage yet."
+
+\> BTC drops further.  You don't buy because you're too afraid that if you do, it will dip more.  You're afraid that it's not the bottom yet.
+
+\> BTC drops to staggering lows, everyone is panicking, articles doomsaying the end of crypto are published, the suicide hotline is pinned.  Looks damn close to the bottom.
+
+\> You don't buy, because now you're afraid this is the end of crypto as we know it.  The rug has been pulled, everything is going to zero.
+
+\> Crypto rallies and begins surging in price.  It multiples in value several times before you can react.  "It's just a dead cat bounce" you think, or some other stupid shit like that.  So you continue to be afraid, and you don't buy.
+
+\> Crypto is up 5-10x from the bottom and you FOMO in on the way up.
+
+\> Institutions dump on you again.
+As I finance graduate I always advocate the merits of diversification and asset allocation. Therefore, I tried to replicate Ray Dalio's strategy called the all weather portfolio. As a European Investor I was looking for the passive ETFs (UCITs) and ETC that will help me to create this bulletproof portfolio. What I do not understand is that Ray suggests an allocation of 55% in bonds. Specifically, he supports an allocation of 40% in long-term US bonds and 15% in intermediate US bonds. Two questions: (1) why to acquire two ETFs on bonds (one on long-term and one on intermediate) from the time their prices are correlated more than 80% and (2) secondly why Ray ignores the age of the investor. A younger investor should be encouraged to possess more than 30% on stocks. This is what were taught in all finance lessons. The older you get the more conservative your investment strategy becomes.
+Hi everybody,
+
+Right now im having N26 as main bank(YOU account), and im thinking to stop paying because many of the main advantage the Health insurance seems like scam and very difficult to get back the money, so im investigating about wise, has anyone used wise as main bank? could u tell me if it is worth it?
+
+I need an international bank because i travel a lot.
+
+Thanks.
+Hey there, I work at Accenture, the company is about to open again the  opportunity for employees to join the stocks plan. This consists in taking 15% of gross income into ACN Stock.   
+As I'm only a beginner, I'm not entirely sure if this would be viable looking into the next 5 years.   
+What is your take on it? Would it be wise?
+Hey I have a question,
+
+​
+
+So I want to build a portfolio that pays out dividends (so passive income is the goal). I came to the conclusion that there are two, if not more, approaches to build this income. But what is the best approach for that, maybe you guys know. Maybe you have some other suggestions all this comment is for, is to find out how you guys would approach this. I am by any means NOT following advice. This is just for me to maybe get other viewpoints.
+
+​
+
+Upfront, I don't need the money now so this is going to be a long-term game.
+
+I live in Germany if that makes any difference in approach compared to e.g the US.
+
+I am 19 years old and am studying as of the moment, but again...I don't need the money now (so investing it is fine and I have a safety deposit of approx. 1,000€ to hand. That's much considering I live at my parents' place).
+
+I would prefer not to invest in single stocks as I don't want to care all too much for my portfolio during my studies.
+
+​
+
+Now to the approaches I thought of:
+
+1. Invest in distributing ETFs from the beginning, reinvest the payout and build passive income that way (the direct way you could say)
+
+2. Invest in accumualting ETFs until I have a substantial amount of money on the side, liquidate the acc. ETF and invest all of that in a distributing ETF (roundabout approach).
+
+3. (You?)
+
+​
+
+In germany we have a tax-free payout of 801€ p.a so at a div yield of 2.5% a capital of 32,040€ would be needed. Accumulating ETFs are taxed differently, apparently a percentage of theoretical, non-realized gains are taxed per year so that acc. and dist. etfs are brought to equilibrium. However, I have read that acc. etfs are still stronger in the compounding are so I'd choose approach 2.
+
+​
+
+This is no advice on my side nor do I want advice from anyone. Merely your views would be very much appreciated.
+
+Thank you for reading and replying!
+Hi all, 
+
+as you all know by now Degiro is holding out on new subscriptions so folks are turning mostly to IB. In fact I do have opened an account with IB and I enjoy reduced monthly custody fees (3USD x month minus any trading fees I incur into) due to being under 25. However, for the amount of money I will invest (around 1k in the next 6-12 months, I'm going to do a more accurate DCA plan), I sense that those 2-3USD monthly are going to be a pain in the ass.
+
+So my questions are: 
+
+\- What your opinion on those (3-commissions) USD monthly fees?
+
+\- Will changing brokers in 1 year or more going to be a big issue?
+
+\- Why is Trading 212 not a best option to IB since they have 0 commissions and fees?
+Provided that one is using a platform without commission fees on buying stocks (and has a lot of free time), what could be the downside of composing own ETF? By composing ETF I mean buying same stocks that given ETF comprises of, in similar proportions. I.e. instead of buying S&P 500 ETF buy a little bit of each: Amazon, Google, Walmart, NVIDIA, etc. It has advantages that by doing so:
+
+* I can exclude stock of companies I don’t like or just stocks which I don’t deem promising,
+* I can bypass TER fees,
+* I can ignore the fact that US ETFs are unavailable in EU
+
+What about disadvantages?
+Hello everyone
+
+I have around 20k currently sitting in my bank account doing nothing. I will buy a house probably in around six months and I will use for sure part of this amount (probably at least an half).
+
+So I was wondering if it makes sense to try to invest considering the very short time frame or if it would be best to wait until I will know exactly how much of that amount I will use for my house investment.
+
+I'm italian currently based in Italy.
+
+Thanks
+Hi everybody,
+
+Right now im having N26 as main bank(YOU account), and im thinking to stop paying because many of the main advantage the Health insurance seems like scam and very difficult to get back the money, so im investigating about wise, has anyone used wise as main bank? could u tell me if it is worth it?
+
+I need an international bank because i travel a lot.
+
+Thanks.
+Hello all!
+I was just trying to add to my VOO positions (DCA over a long time), and it seems that a law has passed in January 1st (not sure if in France or elsewhere in Europe) stipulating that european (french?) brokers can't give their customers access to american ETF's if the ETF managing company is not able to provide de product description in the local language (in my case french).
+Have you guys had similar experiences?
+Thank you all!
+I hope the mods allow this post because I'm sure there are some people who would like to hear this.  
+  
+I sold all of my GME, BB, NOK, and AMC this morning. I used the money from selling these stocks and invested it into SPY and VOO (3 shares each).  
+  
+Having to wake up every morning and check my phone to see how these meme stocks are doing and worrying about whether they would make me or break me just wasn't good for my mental health. I decided to end it.  
+  
+I did lose a significant amount from these meme stocks but my portfolio is still worth money than all the money I've transferred into it. Just goes to show the importance of keeping a diverse portfolio.  
+  
+I feel at peace now and I feel like I can just enjoy life.  
+  
+If you are still holding GME and AMC, I wish you the best.
+My laptop was seemingly on its last legs. The person at the computer shop told me it was too expensive to fix and to just get a new one. One of my daughters asked if she could take the hard drive for a computer she got for free from a friend. I said sure why not. She found it didn't work for her purpose but she began looking at the inside of mine and decided to look on Youtube about the issue (the charging port wasn't working). Turns out it was such a common issue that people made videos on how to fix it. A little superglue in the right spots and viola it was good as new! My daughter is 16 and had never worked on a computer before. To sum things up, before you give up on something look it up. You might be surprised that you can fix it yourself. Adding too that I bought her a new hard drive for her free computer off Amazon for about $20 and she installed it and now she has a working computer as well.
+After seeing some more awesome shit regarding more tail numbers popping up I did a cross comparison of the flight paths. I will be talking here about Cessna [EJA512](https://globe.adsbexchange.com/?icao=a66a4c&lat=32.101&lon=-81.506&zoom=4.7&showTrace=2021-08-18)which is technically owned under a weirdass Frankenstein company tied to KG and KG's personal Bombardier [N302AK](https://globe.adsbexchange.com/?icao=a326ca&lat=40.824&lon=-74.603&zoom=9.0&showTrace=2021-08-18). (These links will take you directly to the ADS tracker for these planes)
+
+​
+
+u/maxxxxpower did a post on EJA512 earlier today which got me thinking....and at first glance I noticed that there were inconsistencies and that Ken was flying on the Bombardier on days when this one was out. Also on ADS there are three other companies listed for the plane. CF Industries, Griffin Capital, and Hacket. After visitng Dr. DuckDuck I saw where EJA512 isn’t owned by these companies. Rather it is owned by NetJets.
+
+​
+
+https://preview.redd.it/g8mp1k9op8i71.jpg?width=1885&format=pjpg&auto=webp&s=adea213f8c69631348af7e5d1fa9239af64e78f8
+
+I thought well fuck maybe this is aint right?  Can’t be? Cause then this may not be KG's plane?
+
+​
+
+Then u/Pop-Tart_Rabies_Monk said…..well maybe he’s using both.
+
+Fuck you are a smart one.
+
+That being said it can be pretty fucking hard to figure out which legs are his and which legs aren’t. While this is still fucking true. Look at this damn shit.
+
+​
+
+https://preview.redd.it/us5l816tp8i71.jpg?width=1597&format=pjpg&auto=webp&s=25963b99629e8c848f505d97be0092516131e443
+
+​
+
+https://preview.redd.it/m9qr0v1up8i71.jpg?width=1217&format=pjpg&auto=webp&s=4b8c13002eec937353203987f2d773a13cdf650c
+
+​
+
+https://preview.redd.it/eyelts0vp8i71.jpg?width=1654&format=pjpg&auto=webp&s=fde145fcefad95000d4eccbdeff424181f739171
+
+Look at the time stamps. Yesterday he flew into the hamptons on Bombarider. Today the Cessna flew out of what looks like Massachusetts (aint that far from the Hamptons....look at the timeframes too. He may also have a helicopter or \*another\* plane we've yet to find)  but then landed in WPB and later back in the Hamptons. His Bombardier then flew from the Hamptons to Teterboro this evening just after the Cessna landed there. u/bro-ssef [Remember our pal who had a buddy go see the plane and saw the tail number?](https://www.reddit.com/r/Superstonk/comments/p6x88t/did_someone_says_kennys_jet_was_in_my_hometown/)It sat there while he flew south on the other one.
+
+Mother fuckers. He’s using two planes.
+
+This Cessna, while being listed under three companies on ADS, one of which is Griffin Capital, it is listed under NetJets Aviation LLC on locations such as Flightaware.
+
+(enter flight aware)
+
+https://preview.redd.it/83om4cvnq8i71.jpg?width=1092&format=pjpg&auto=webp&s=6b197602d50d45c9f810f3d584f7d68a78dd0cec
+
+It gets really fucky here.
+
+NetJets in and of itself is a company from the 1960s with various subsidiaries, yada yada. These subsidiaries are: Executive Jet Management, Inc. NetJets Aviation, Inc. QS Partners NetJets Europe QS Security Services. NetJets Aviation LLC is **NOT** one of these fucking subsidiaries.
+
+​
+
+https://preview.redd.it/h82xx52sq8i71.jpg?width=1728&format=pjpg&auto=webp&s=fc1521ffa0a22e2a5052fd9174dcb6a62c58ecb0
+
+Oh interesting. NetJets Aviation LLC was incorporated February 3, 2021. This gives reason to why it would list CF Industries, Griffin Capital, and Hackett as the owners on ADS of this Cessna rather than NetJets….because it fucking isn’t owned by fucking NetJets, but a weird smoke and mirrors company named JUST FUCKING LIKE a charter company.
+
+​
+
+What Hacket, CF, and Griffin have to do with each other? I have speculation but no specific ties. So I will hold off since I’m labeling this as DD...because the rest is.
+
+TLDR; Two planes are being used. Why the fuck under a weird ass company alias?
+
+​
+
+Side Note: To the other Apes who I was walking through this shit with....I think I tagged yall. But dear god I know I'm forgetting someone. I sowwy.
+
+​
+
+​
+
+As an aside....if you're confused why this is a big deal pleeeeease please go read the other countless things I've posted about this weird ass shit in my profile. I've got charts. Or tables. Whateverthehell.
+
+​
+
+​
+
+Edited!!!!:
+
+​
+
+Fuck me I did more comparisons and he flew to St. Johns....
+
+​
+
+https://preview.redd.it/gja3n62ks8i71.jpg?width=1221&format=pjpg&auto=webp&s=0054b11ededeb4fc268ee618f2b1b138cfcf50b5
+
+​
+
+https://preview.redd.it/yff2qohls8i71.jpg?width=1241&format=pjpg&auto=webp&s=1a21dd87b7159e98aaa3b2f8a3bf57a1f1cb569d
+
+​
+
+​
+
+Edited again:
+
+​
+
+And from Bermuda to ....Teterboro...
+
+​
+
+​
+
+https://preview.redd.it/qxu2ba7lt8i71.jpg?width=1103&format=pjpg&auto=webp&s=25162fb72aef14ed5d2589ec0858218c7f0fa451
+Hi, 
+
+I am a professional gambler based in the U.K. and I am trying to explore my options in terms of a mortgage. This seems like a good place to ask for help. Currently I am hitting a bit of a dead end regarding getting a mortgage due to technically income being zero as my declared income is 0 due to gambling winnings being tax free.
+
+Is anyone aware of any options of work arounds that would be possible to allow me to get a mortgage? I earn 6 figures every year and would be putting up a considerable deposit on where ever I buy (probably 150k or so) and would be looking to buy somewhere for around £300-350k, so probably £150-200k mortgage required. My girlfriend would probably be on it too so would be between two of us. ,
+
+Do I have any options in terms of a mortgage? I was considering getting a job for a couple months as my background is in engineering so I would be able to get a relatively well paying job if needed. However this isn’t an option I would wish to take as it would cost me money in the short term. 
+
+I have spoke to a couple of independent mortgage advisors who couldn’t really help me however they had zero experience of a scenario like this. I’m hoping that someone on here has dealt with something similar and would be able to advise. 
+
+Thanks
+I submitted (late, I know) my 21/22 tax return earlier this year. This morning, I received a letter from HMRC asking me to pay over £4k for underpaid taxes. I’ve verified this on the website.
+
+I am, I think, rightfully confused and shaken at this news - it’s an enormous amount of money. Whilst I can semi-comfortably afford to pay back, I’d like to understand first if I might have filled in my self incorrectly. I also don’t fully understand why this could blindside me like this - isn’t it literally HMRCs job to work this out from my income on my behalf and tax me appropriately each month?
+
+I used to (up until three months ago) work for a US tech company, with a base salary of £80k, 10% annual bonus, and quarterly-vesting RSUs which I always sold immediately. HMRC calculated my annual taxable income at around £140k which sounds about right and is what I put into my self assessment. The RSUs had about 50% of the value withheld to pay UK tax and NI on vesting day, and this is reflected in my payslip and in my P60. Should I be declaring this on my self assessment anywhere? I just put the total tax paid from my P60 (which IIRC includes the withheld value).
+
+Sorry if that all sounds silly, I’m fairly new to this, it being my first return. Any input would be much appreciated.
+Throwaway for obvious reasons.
+
+I signed on buying my first home recently. Close date is set for a few weeks from now. It's NOT in a gated community, and it's a large home for a single person such as myself. I live in a MCOL city. I try not to flaunt my financial position, but through my business, which is very public facing, it's not difficult for people to figure out my business does well.
+
+I'm not a "public figure", but I do have a growing YouTube channel (>1M subscribers) as part of my business. I've heard horror stories of other content creators have "fans" show up at their house. Like this one: [https://nymag.com/intelligencer/2018/02/armed-fan-killed-after-breaking-into-youtube-couples-house.html](https://nymag.com/intelligencer/2018/02/armed-fan-killed-after-breaking-into-youtube-couples-house.html)
+
+My question to the fatFIRE community - are there ways I can minimize exposure? I have been using a virtual mailing box for everything business related, but I understand people can still look up my home address through public registry, particularly when purchasing a home (versus renting). 
+
+Am I being too paranoid? Are there steps I can take such that it's much more difficult for anyone to figure out my home address?
+Assuming I take home \~$3600 a month and my work is in the city, how much of my income should I be spending on renting a relatively modern one bedroom flat?
+This is just a vent, one I even debated on posting. I'm using a throwaway out of sheer embarrassment...plus my coworkers know I use reddit. I don't need them finding this out and reporting me..
+
+Honestly I did better financially wise when I made barely above minimum wage. SNAP, Medicaid, WIC, daycare assistance. I was able to afford groceries more, not have to worry about taking my daughter to the pediatrician for her routine shots. Yeah it sucked ass making $9.75 an hour but at least I didn't have to worry about either of us going hungry. Now, I make $15.25 an hour, and my SNAP and Medicaid were cut off because I make "too much". The only thing I still get is WIC and daycare assistance but that has been drastically reduced. According to my case worker, I should "make enough" to cover rent, electric, water, gas, trash, the list goes on and on. But I don't. I regularly have to juggle which utility can be paid, which can be put off, I have to calculate groceries down to the penny. I skip meals very often to make sure my 15 month old can eat. She's also teething and cranky as hell. Waking up 5-6 times per night because her teeth are bothering her. Her sperm donor pays $50 a month in child support, because he doesn't work (or if he does its under the table stuff paying straight cash) so he is not required by our state to pay any more than that.
+
+Today was my day off. I thought hell yeah, I can get laundry done (our apartment doesn't have in unit washer and dryers so yay laundry mat!) but then daycare called and said baby girl was running a temperature of 100.8 and had a runny nose. Gotta come pick her up, no exceptions. Well, fuck, there goes my day. Pick up kiddo, she's obviously in pain. Her cheeks are bright red, she's chewing on her fingers, daycare staff said she refused to nap and has been cry-screaming on and off. They need a note from her pediatrician for her to come back tomorrow. Off to the pediatrician office we go.
+
+Pediatrician says its just teething. Rotate tylenol and ibuprofen every 4 hours. It's my day off so I really wasn't expecting to spend money I don't have (next pay day is the 1st when all of the bills are due so I was literally going to just...count change and survive off what we have in our kitchen, take her to daycare and back and forth to work. That's it)
+
+I know I am not alone in the plight of literally scraping by until pay day. I have less than ten bucks to my name. Took the screaming baby to walmart, and all they had in stock was the Motrin brand which is nearly $9. In a moment of desperation, I put it in the top part of the cart where my daughter was sitting and put my purse over it and just walked out.
+
+I feel so fucking guilty.  I start to have panic attacks, and my chest and stomach hurt every time I think about it. I know walmart isn't hurting over some infant motrin but the last time I stole something it was some fake costume jewelry from the mall when I was 15. I'm 22 now. I shouldn't be doing this. I'm terrified to get arrested next time I go to fucking walmart. I'm terrified I'm going to have to do this again because I have no other way to make ends meet. To keep my kid from being in pain while she cuts these god damn molars. I just need the universe to give me a break. I keep the apartment at 66 degrees to keep the electric costs down, I dress my 15 month old in layers. I shower maybe twice a week to keep the water bill cost down low. I can't remember the last time I filled my car to a full tank because gas prices are still $3.99 per gallon here. 
+
+ I don't expect support from this. I know I fucked up. I know how bad this is and how shitty of a mother I am to do this. I've  been crying on and off since we got home. At least my daughter isn't screaming in pain and she's finally napping, and hopefully daycare won't call me at work tomorrow telling me to come pick her up again. 
+
+This just sucks. I don't want to be in this position anymore. Things have got to get better, right?
+As expected, everyone who did not pass a full cut waited til after 6PM news cycle started before announcing.
+
+Real winner here is Westpac. 
+
+The sly devils, they navigated the media and public with finesse. 
+
+Threw ANZ under the bus in June, and let CBA/NAB take the hit in July.
+I'm a 25yo part-timer and don't have a credit card in my name. Both my first and second cars were paid in full due to diligent savings, as has any furniture, phone, laptop etc, I have bought in the past.
+
+Is a credit card actually essential for my financial future? I pay all of my own bills and use After-pay frequently, so I'm pretty sure my credit score is set if (and its a BIG if in this day and age) I decided to buy a house.
+
+My relatives aren't the best kind to ask for this type of advice, so what do you guys think?
+
+UPDATE: Wow, was only expecting a couple of responses! Came back from the Spider-Man movie to see this. Thanks, everyone. I think I'm comfortable not getting a credit card for now, but since I want to travel next year, it might be a good idea to get one before than for the travel insurance stuff.
+I’m young (21) and just started my career. I started building interest in the field (computery stuff) back in elementary school and pretty much stuck with it ever since. I started to lose interest midway through high school, but I stuck with it anyway since it was what everyone expected me to.  
+  
+I went to a really good CS university and now have a high paying job. The only thing is that I hate my job. Even when I went to college I kept thinking about switching majors literally every single quarter. I didn’t ever switch because I knew so many people dream getting the opportunity to be in my major.  
+  
+Within a month of starting my job I began to hate it. I’m burnt out, getting really unproductive at work, and I feel like I need to do something about it or else I’ll end up unemployed. I know a ton of people hate their job so it feels really unfair for me to complain. At least I’m getting paid well for my job. Not many people get that luxury.  
+  
+At this point I’m only staying because I need to help my parents out and because my SO is chronically ill and has expensive medical costs which I want to be able to support when if/when we get married. Many hate their jobs, but how do they do it? I’m trying really hard to push through and do it for the people I love and care about so much, but it’s getting to feel impossible for me.  
+  
+What I always wanted to pursue was music. I know it’s not a good career and not practical. But I can’t even listen to music on my own anymore without feeling upset that I can’t do that. The last time my girlfriend turned on the radio I just broke down crying. I know this sounds really dramatic, but I’m just trying to find a solution.  
+  
+People tell me to do software development work with music companies, but I’ve done that before and it wasn’t any better. I just really hate this field and this job. I’ve hated it for years and hated it more than I ever loved it.  
+  
+How do you all do it?
+tldr; planning to leave job to pursue part time project.
+
+——
+
+Can’t tell my friends, so I wanted to share here.
+
+Would love any advice on my plans / happy to answer questions.
+
+Also wanted to thank everyone for their advice and postings on this sub. I’ve been reading for a long time.
+
+​
+
+**Background**
+
+* Hit the $500k mark a couple days ago. Married, no kids yet. 31/27 y.o.
+* Our target burn is \~$35k/year.
+* I want to give myself more autonomy, stop worrying about pleasing bosses, and do some experiments
+* Lucky to be married to a woman who shares my goals.
+* Got to 500k by saving into retirement accounts since I was 19, plus a small startup exit a couple years ago. Took a decade of work and sacrificing social time,  hobbies, minimal vacations, plus a lot of luck
+* Our cost of living is currently very low (was high until six months ago). Wife’s family has an otherwise-empty apartment that they loaned us in an inexpensive country where we have a few friends. We spend about half our time there now.
+* We have some unfair advantages / blessings (mostly healthy,  parents paid for education) but aren't rich kids. None of our parents made anywhere near six figures but they were frugal.
+
+​
+
+**Current income**
+
+* Wife freelances for $2.5k/mo working part time. She’s working on starting her own business in the rest of her time.
+* Right now I'm making about 20k/mo doing hourly work that i’m not passionate about but am decent at b/c I have \~10 years experience. \[edit: this initially said 1-1.5k/day, which was confusing people\].
+* I'm pretty burnt out and have only been keeping myself going for the past year by thinking about how I'll stop once I get to $500k.
+
+​
+
+**Goals**
+
+* Rather than coasting, I want to turn one of my long-time hobbies into a part time profession (I know, this often fails lol).
+* If I’m successful, I’ll be able to make 100-400k/yr doing something I find meaningful and running my own services business.
+* This may not fit some people’s definition of retiring, but to me it’s basically the same thing. Retiring for me == control my time + not having to worry about money. Even if I had 5 mil right now I’d still do more or less this same plan.
+* We also want to have kids in about 4-6 years.
+
+​
+
+**Plan**
+
+* Drop from 75 hours per week to \~4 hours per week of work for my current customers.
+* Spend 95% of our time in cheaper country at the apartment I mention above.
+* Get healthier (eating, exercising) and spend more time with family
+* Spend majority of time working on side project trying to get it to earn enough to coast.
+* Use wife's income and 4% from my money to support myself for next two years.
+* If my wife’s business fails **and** I can’t get decent in income from my side project within the next 2–5 years, we’ll have to decide whether we want to reduce our cost of living by a lot or, go back to work in order to be able to afford kids.
+
+​
+
+**Investing approach**
+
+​
+
+This is my target (I’m close to it now but not exact):
+
+* Cash: 15% in CDs, high interest savings (I’m keeping a lot of cash this year in case I can’t do freelance work to support myself.)
+* Intl bonds: 2%
+* U.S. Bonds: 6%
+* Emerging market stocks: 3%
+* Developed market stocks: 15%
+* U.S. Stocks: 30%
+* Real Estate: 15%
+* Alternatives: 10%
+* Crisis protection: 4%
+* Illiquid stock options (another 1.7 mil, but i ignore because it's uncertain)
+
+Basically a 3 fund strategy + some alternatives and extra cash. Maybe too conservative.
+
+​
+
+**Concerns**
+
+I’m pretty close to pulling the trigger on this in March, so have been having more concerns lately.
+
+* Self centered?
+   * Sometimes I feel like I should just try to save as much as I can in case our families need it and so that I can definitely have kids.
+   * It feels like by doing something I personally enjoy rather than what I make more money doing, I’ll be making a selfish decision.
+   * When I really think about it, part of me would rather not have kids if it meant that I had to go back to full time work for 20 years. This feels self centered though.
+* Giving up 20 years of full on relaxing?
+   * If I just work until I’m 41, I’d be able to just chill until retirement, whereas right now I’m setting myself up to have to work a little bit for the next 35 years.
+* Giving up chance to save more, potential market crash, hard to come back to work force if I need to, etc.
+   * The usual concerns.
+* No physical assets
+   * I don’t personally have more than $10k in any physical assets that I fully own. I own part of a real estate fund, but I couldn’t go live in any of the houses.
+   * Almost all of my money is just numbers in databases.
+   * In a crisis, I’m worried that this would bite me.
+   * If the side project is successful, I plan to rectify this by buying a cheap apt in Scandinavia for \~200k in the next few years.
+
+​
+
+Curious how others deal with these anxieties.
+
+​
+
+Thanks again for all the advice posted on this sub! Really inspirational.
+
+​
+
+\[edit\]
+
+​
+
+**Notes based on comments**
+
+Huge thanks to everyone who replied, especially those who offered advice and criticism of my plans.
+
+​
+
+For the folks who are skeptical or think i'm trying to troll or something...this is probably my fault.
+
+Here's my best recollection of the details, but these number could be off by a decent amount. I was mostly just focused on thinking "save max 401k, then save as much more as I can," and wasn't tracking in a spreadsheet until the past year.
+
+19-24: Worked through college（work study, then worked at a startup as an engineer) but was only able to save a little bit. Was studying humanities but learned programming for fun. Started saving into an IRA because my college gf's dad worked in finance and gave her books on investing. Got scholarships and mother paid the balance of my loans (was under \~$30k) so had no debt. Didn't have a credit card until I turned 26 or 27. Graduated college late because I was working for the startup and took a leave of absence. Had about $15-20k saved by 24 (income was  under 60k/year).
+
+24-25: Started a new job area (switched from engineering to design) and ramped up from 0 to 120k/year. Had to pay a lot in moving costs and break an expensive lease. Was down to about $10k total I think.
+
+26-28: Averaged 120-175/year in a hcol area. Saved max 401k plus some extra. Savings about 150 by 28/29. Spent all of free time taking classes to get better at job. My peers were mostly just hanging out after work, going on vacations, dating expensive people, buying furniture. Company covered meals during this time, but rent was super expensive.
+
+29: Got about 250k from a startup exit from my time in college, but also spent 50k on a year of grad school (which allowed me to get a more interesting but lower paying job) and took a salary hit while i was in school for that year.
+
+31: Quit the more interesting but lower paying job so that I could make more money in order to be independent and start my own company in a more relaxed way. Switched to contracting for multiple companies and would make 200-300 a year if I keep doing it. 
+
+Also changed "hobby project" to read "side project," since someone correctly pointed out that it was dumb to say I had no hobbies but then say I wanted to work on a hobby project.
+I'm 19 years old, it's been 4 years since i got into the world of finance, i started by reading books and watching interviews and since my dad encouraged my passion i decided to start a weekend and holiday job to earn some money to invest. 
+
+Lately i started watching trading videos and i would like to learn more.
+
+(please correct my statement if wrong, thanks) i see day trading as an effective way to make some money on the short term (through dedication, study and time of course) while investing takes time to see good results.
+
+I noticed that there are a lot of scams online, many people promise trading strategies for 200$ courses to make u rich. I know that those are bullshit, but could someone with more experience than me give me some advices on what courses should i follow, what books should i read and how can i learn strategies to start day trading? 
+
+I appriciate your help a lot, thank you!
+Hey guys I wanted your thoughts on Tesla's Q4 forecast. For reference, I have made a video estimating my own.
+
+​
+
+[https://www.youtube.com/watch?v=ur9jL9J131I](https://www.youtube.com/watch?v=ur9jL9J131I)
+Edit 4 November: Update here https://www.reddit.com/r/personalfinance/comments/qmo0oz/update_being_jerked_around_by_chase_over_2700/?
+
+Edit: Slight RIP my inbox, but thank you guys for the advice and sharing your stories. I’ll give them til Friday to sort shit out otherwise it’s becoming polite broken record. Lesson also damn well learned, don’t trust Chase Travel Rewards and book directly through airline and hotel with points.
+
+Hello reddit, this might be a bit long. Teal deer at the bottom for the lazy.
+
+I originally booked a flight to the UK last year to attend a wedding through Chase Travel Rewards as I had enough points for a free flight. Obviously, The Plague forced me to cancel the flight and the wedding was postponed. I receive a credit for the flight. ($700 or thereabouts)
+
+Wedding was back on for this year, so one evening (7pm) in late August after work, I call in to Chase Travel to rebook the flight using the original itinerary number and my $700 credit. After 2 hours of being on hold and the rep checking up on me every 3 minutes to tell me she is still working on the problem, please be patient, success! I am rebooked for the dates I want (6 October to 13 October). 24 hours later, I receive an email from that rep telling me the flights are booked and I should receive an email from them with the flight details.
+
+A week later I call back because I don’t have any itinerary information. The different rep gives me the booking number for the Virgin Atlantic flight and assures me again that my flight is confirmed and I am good to go.
+
+I still don’t receive any itinerary information other than this random booking number and that email, but, 2 reps have assured me I am good to go, so I must be good to go, right? I make arrangements with boyfriend to book the nonrefundable coaching to get me back from Heathrow to his place and also book the room at the lodge where we’ll stay after the wedding. I also pay for travel insurance.
+
+6 October, I rock up to the Virgin Atlantic check in counter at the airport. The rep beeps my passport and tells me “Well, sorry, you don’t actually have a flight.”
+
+I call Chase Travel, pretty thoroughly pissed and upset about the vanished flight, nonrefundable coaching, and the nonrefundable lodge booking, only to be told “Well, sorry about that, but if you check with VA they might be able to get you on? You will have to pay out of pocket but we will refund you. We will have to investigate and we may call you within 24 hours.” VA toss me off to British Airways who miraculously have an hour later flight. I book and pay for the going to and the return flight, which costs me $2000. Phew, saved!
+
+7 October I get an email saying my entire flight through VA was cancelled. Curious. I did not cancel anything. I decide to enjoy the wedding, and then call back.
+
+Friday, 15 October, home sick and needing to take another covid test before work allows me back, I call Chase back to ask about my refund and say that they are supposed to refund me the entire amount, the  $7000 credit and the $2000 booked flight. I’m told that 1. The original rep who booked the flight fucked up by saying that I had a booked flight when I didn’t, and 2. 6 October I called and said I wanted to cancel.
+
+“No I did not. I did not cancel anything and your own recordings will prove that”.
+
+“Not to worry Ms. Perfect, we’ll still conduct an investigation and you will hear from us in 72 hours.”
+
+It’s Tuesday morning. I haven’t heard from Chase and I’m getting angry at being jerked around. They have recordings that prove their rep fucked up. They have copies of the emails they sent me saying that my flight is correct and that the flight was cancelled. I have copies of the Discord conversations between myself, Boyfriend, Bride and Groom when I went to Virgin Atlantic and told I was not flying with them. The fuck is the holdup?
+
+What is my next step from here? Do I sic the USDOT and the CFPB on them? Do I also go nuclear and cancel both my Chase cards? That’s not an option I’m willing to take but I am being forced to do so, I will.
+
+TL;dr: Covid forced flight rescheduling. Flight rescheduled with Chase, told and emailed by 2 different reps flight was a-ok to go only it was not. Forced to pay $2000 out of pocket to fly to avoid ruined vacation. Original flight cancelled without consent. Want back $2700 of both cancelled flight and emergency booked flight. Being jerked around by Chase with bullshit “investigations”. What is next step?
+I'm considering a 2nd EU passport as a potential retirement lifestyle and "insurance".  49 now, two kids.  HQA Visa seems like it could give all of us passports within five years for $175K.
+
+It is different from the golden visa in that basically this funds an R&D project at a university to incubate a business.  I would assume it is basically a donation to a university, but probably could take it as a capital loss so really only talking $120K or so assuming the research is useless.
+
+Wonder if anyone has pursued this or done any more advanced research and has experiences to share?
+So I saw this on another sub. The Fed has decided that 2021 shouldn't be in the data stream for the inflation calculations.
+
+    January 2022 CPI weight update
+    Starting in January 2022, weights for the Consumer Price Index will be calculated based on consumer expenditure data from 2019-2020. The BLS considered interventions, but decided to maintain normal procedures.
+
+[https://www.bls.gov/cpi/notices/2021/2022-weight-update.htm](https://www.bls.gov/cpi/notices/2021/2022-weight-update.htm)
+
+I guess they needed to be able to print some more money or something.
+
+I didn't see this posted yet but if this is a dup I'll gladly remove it.
+40 in February felt like one of the scariest times to buy, when it was in fact the best time to buy. We might not get much better of a dip than this. Added X today, sitting at XX. Every red day I add more. I'm not a wealthy individual so adding in the 300s was harder to justify, the more they naked short this price down the easier they make it for apes like myself to add to their position. See you never once the MOASS happens ;)
+From my understanding, when bonds invert. The 2 year or 3 month or etc bonds have higher yields than the 10 year bonds because they in less demand. Bonds are guaranteed returned right? Let's say the 3 month is 3 percent and the 10 year is 2 percent yield. Why wouldn't people be rushing to buy the 3 month ?   
+
+
+Is it because they would rather save their money in the short term in cash for some reason?
+Coinbase Global made public on Thursday the prospectus for its much-anticipated initial public offering, setting up the company to possibly launch its IPO in March.  
+
+Coinbase, whose mission is to create an open financial system for everyone, plans to use a direct listing to tap the public equities markets. Coinbase won’t receive any proceeds from shareholders selling their stock during the offering, the prospectus said. Goldman Sachs , J.P. Morgan Securities, Allen & Co., and Citigroup Global Markets are acting as financial advisors on the deal. Coinbase plans to trade on the Nasdaq under the symbol “COIN.”
+
+Companies typically have to wait 15 days to commence a roadshow for their IPOs after making the prospectus public. This means Coinbase could launch the direct listing as soon as next month. Coinbase isn’t conducting a typical roadshow, but may host one or more investor days, the prospectus said. 
+
+https://www.barrons.com/articles/coinbase-could-go-public-as-soon-as-march-51614270033
+If you’re worried about flying commercial because of the pandemic, Costco might be able to help you out -- you’ll just need $17,500.
+
+The wholesale retailer sells a one-year membership to a private jet charter company called Wheels Up, which allows members to book a private jet “as easily as a ride share or short-term vacation rental,” the product description says.
+
+Although the $17,499.99 membership is quite a hefty fee, it also comes with a $3,500 Costco Shop Card and $4,000 worth of flight credit.
+
+Other benefits include “dedicated account management,” a one-year membership with Inspirato, a luxury vacation rental subscription service and “guaranteed nationwide aircraft availability up to 365 days a year,” according to the description.
+
+Members can either buy an additional “Fund Program” with lower rates and lower billable fly times, or they can “pay as they fly,” according to the product description.
+
+The Wheels Up fleet includes more than 300 private aircraft as well as more than 1,250 partner aircraft.
+
+The company also promises enhanced health and safety measures through its “Safe Passage” program, which includes having all Wheels Up aircraft getting an anti-microbial shield treatment at least every 90 days and having all seats and interior surfaces sanitized between every flight, the website says.
+
+The Wheels Up membership can be found online in the “Electronics” category, or in-store with other gift cards, according to The Washington Post.
+
+[Source](https://www.foxbusiness.com/lifestyle/costco-selling-private-jet-membership)
+That time of year again and cannot see a thread on this. What are your goals for 2022?
+
+Mine are to continue building my pension, maximise my S&S ISA, working hard for a promotion to finally reach £40k (hopefully a bit more with the bonus).
+So I live in a relatively large home in the countryside, we are a family of 6. We have oil boiler central heating in all of the house bar one room which was an extension with electrical heaters yet somehow our electricity bill is 12 grand a year at 19.1p KWh for 60000KWhs. I just swapped yesterday to a new plan at 13p KWh but that still leaves it at 8 grand a year which seems a bit nuts to me. 
+
+​
+
+We have a lot of lights I guess but still I can't work this out what might be going on?
+
+Edit: All immersions heaters are off and always have been, the electric heaters are all off all the time except for maybe once a month for a few hours, we do however have a lot of appliances that run 24/7 three fridges, chest freezer, upright freezer, 10 WAPs and a network switch, 3 routers, cctv, alarms, oil pumps, water pumps etc etc. 
+
+Doing manual recordings of the meter today shows that it’s very erratic despite me being the only one home today with basically everything bar the essentials turned off I got readings anywhere from 900watts to 8kw. I have a digital contactless ring type meter (no idea what the proper name is) coming in a day or two to rule out a faulty meter as well as a wattage meter for appliances and  will start going through everything once they both arrive.
+
+2nd edit:
+
+Clamp meter arrived it’s shown a solid 500-700 watts for the past hour or so. Whilst counting the meter shows a usage of 4kwh in the past hour. So I guess will be getting EDF around ASAP.
+https://finance.yahoo.com/news/apple-tv-content-174144095.html
+
+“We think a big acquisition is on the horizon,” Ives said.
+
+On his list of acquisitions (in order); A24 Studio, Lionsgate, Viacom/CBS [CBS], Sony Pictures, MGM Studios, Netflix, and then a potential gaming publisher (that could be incorporated into Apple’s streaming service or a separate gaming subscription service) as a wild card.
+
+Ives says the upside to Apple and its investors remain high.
+
+“We continue to believe this is the star of the next chapter of growth,” Ives said. “The one thing that is missing is content and that’s why we do think organically they are going to significantly step up content.”
+My wife and I lost our full-time jobs a few years ago and after a year of tough job hunting we just gave up.  No one wanted to hire us for similar well paid full-time professional jobs we did before. 
+
+We had to decide what to do about our financial and career crisis.  We just could not afford to live in overpriced New York City anymore where our fixed expenses were about $6000 a month.  
+
+While our friends and family all lived in NYC, we decided to move to a small town on the Eastern Shore of MD where we could live for cheap and not burn through our retirement savings. 
+
+After both of us moved, we got part-time jobs to subsidize our 3-4% annual withdrawal from our retirement accounts.  I work as a part-time college teacher and my wife works at a local library in circulation.
+
+Late next year both of us turn 62 and can collect both Social Security and pensions and will have lots of money to live on.  In the meantime, we are forced to live in a small town on a shoestring budget.
+
+(Please don't tell me to wait until 67-70 to collect SS and pull more money out of our retirement accounts in the meantime!  It is a poor move unless I live past 87 because I would lose the SS checks from 62-70 and would lose the investment income I would have earned because I would be pulling a significant amount of money out of investment accounts to cover for the lack of SS checks from age 62-70.  I only would come out ahead waiting until I am 70 to collect SS if we go into a ten bear market, and/or I live well into my 90s)
+
+Is our story common among early retirees?
+
+I remember my dad talking to his broker when I was growing up, he’d always say something like “Fucking Clay, he gets paid if he’s right or wrong.” When he was done talking to him.
+
+Trading options would have blown dad’s mind, he always bought blue chip stocks. He passed away 13 years ago, I miss him every day.
+
+Thanks for the silver https://old.reddit.com/u/Charles_Himself_
+
+Holy shit, I’ve been Platinumed, Blown, Tendied, and Silveredx 3, thanks WSB Bro’s 🍆💦
+
+Can I have a custom title from the CIS gendered, hetero mod if there is one?
+
+I’d like to be known as “Gordon Gekko” or whatever the fuck you want to flair me with.
+Hi all, I currently put £50 a month away for my daughter,  but I just stick it in a basically 0% normal savings account, are there any recommendations as to somewhere I can put it? Bearing in mind it'll quite long term, don't intend on touching it for another 16 years!
+
+Not interested in trying to make her a millionaire, but every little extra helps!
+
+Thanks in advance
+Kind of a 2-fold question. Firstly, as a layman, it seems intuitive to me that for many people falling prices would be a good thing; freeing up disposable income and incentivising savings. What am I missing here? 
+
+Secondly, if deflation is such a problem, surely it's easily remedied by printing money and inflating the money supply?
+So back when the recession happened I was still young (15/16) so I knew what was going on somewhat but didn’t know to what extent or how fast.  Right now I’ve been contemplating for a while on getting into real estate and my main source of funds would be through a cash out refinance on my primary residence which I would say that I conservatively have about 60k in equity.  If I were to do this at and 80% LTV my mortgage would go up a small but affordable amount.  
+
+Getting back to my main question.  How quickly did the price of housing drop when the recession hit last time? Yes I’m one of those people that think that it could hit at any moment right now and I know I could be very wrong as well.  Is it a viable option for me to cash out, put the money in a savings account with a high interest rate for now to offset the interest I’m paying on the loan until the market drops (if it does)?
+
+I would just hate to lose the equity that has built up into my house because I waited to long
+
+I have a high bid at an auction in NC. I was approached with a deal to assign my bid to them for a price of $xx,xxx. After reading up on this, it feels like fraud and illegal. The proposer said that assigning the bid for cash was not illegal, but offering cash to not upset the bid was the only illegal issue. 
+
+Either way I am not taking the offer, just need a little clarification from someone who has been in this position before. One day I might would rather have the cash than the house.
+
+edit: foreclosure auction
+
+ANSWERED: It is illegal during the bidding or upset bidding time periods. It is not illegal after the auction has come to an end. 
+Confirmed by Hutchens Law Firm. Both in print and online; also I personally spoke with a lawyer there.
+At what point do you think about looking around and re-locking with another lender ?
+
+If you are a mortgage broker/LO what is your expectation/experience of client behavior ?
+I’ve recently obtained a large (for me) bit of capital and am planning on indexing it. My initial thought was just going 100% VOO. I’m very long-term minded, believe in the US economy over the next 30 years, and am confident I can weather significant downturns and stay the course.  
+
+With that said, I have some appetite for a bit more risk, so I’ve also been considering adding VBR to the mix, for a bit more exposure to some upside (historically). Could, of course, just do VTI, but I’d like to cut out the mid caps (and also the small caps burning cash for “growth”).
+
+If I do this, I’d likely allocate 75% to VOO and 25% to VBR. Any takes / experience on this allocation?
+I am just starting out in investing, and I don't want to take a major risk so I am going to start off with a couple of ETF's and some individual stocks. For ETFs, the ones that I found online from research were VTI, VXUS, VOO, VT, QQQ, ARKK, and SPY. I just wanted to get people's opinions on which ETFs have seen consistent growth, and are less volatile. So overall, I am just asking for which ETFs are considered to be the "best" out of all the choices. I am also trying to include both U.S. and International Stock Markets in my portfolio.
+I wanted to invest into clean energy etfs and I found some that interest me such as TAN,QCLN And LIT stands out to me. Do they sound like a buy or is it any other better etfs in that sector ?
+I’ve been invested in VTI mainly and a few ETFs. I am wondering how you guys are planning your strategy since the market has been going down day after day. Do you buy more at each dip? Or stick to your DCA plan.
+If you had $100k to put into ETFs what would your mix be? Retire in 10 years is the plan, I have other investments. ETFs seem to be an easier way to invest, which is appealing to me now
+I keep seeing posts (in basically every investing sub) recommending to get into overseas equities. Every ETF I’ve found is basically red on the 1 yr and the 5 year. The few that I looked at maximum return on were basically barely breaking even. Where are all of these ETFs that are outperforming?
+Hey, I've now been working and saving a big pile of money over the last 6 years. With inflation rates of up to 3,5 percent in Germany right now, it would be absolutely ridiculous to keep all this money on my bank account.
+
+I want to invest it in etfs and don't think about it too much.
+
+Can you guys recommend any websites that compares ETFs and which stocks and industry fields are represented?
+
+I'd like to do my own research on the ETFs.
+
+Thanks <3
+Dark Market, the project that took first place at hackathon, should be renamed Free Market.  We know that this project will get press coverage, and eventually reach major media outlets.  By calling this important invention the Dark Market I'm afraid Amir et all are playing into the systems hands.  If the name of the exchange is changed to Free Market, imagine the implications.  News anchors will have to say on tv, "Officials are looking into banning the free market."  
+"The free market is an online exchange where anything can be traded tax free." 
+ "Governments are attempting to come down hard against the free market."
+By renaming the exchange it will FORCE a philosophical conversation about rights upon any explanation in the mainstream media.  
+Please upvote this if you like this idea.
+To the moon!
+
+
+**Edit**
+
+I'm glad there was some discussion.  I thought this might get couple upvotes and Amir might look at it, I never thought it would get a thousand, nor did I consider what the word petition would actually entail. I can see how it could come off as malicious, something I didn't consider when I wrote it, made a couple responses, then rushed out the door.  I apologize to Amir for that, as he and his team put a lot of effort in. 
+
+Cody Wilson speech at bitcoin Toronto
+https://www.youtube.com/watch?v=lQmPWkLFV18
+
+Amir interview
+https://www.youtube.com/watch?v=COisLGwnb-M
+
+https://www.youtube.com/watch?v=6VFopiRaXwQ
+
+The Bitcoin Group on dark market.
+http://www.youtube.com/watch?v=oui86OFyH5s&t=13m39s
+I'm currently trying to cut down on my eating out budget, but find myself having cravings for things that are difficult to make or I have not had exposure to cooking growing up. Think along the lines of Chinese soup dumplings, Vietnamese banh mi, Indian and Japanese curry, traditional Korean dishes etc. My girlfriend and I have even tried going to local Asian supermarkets and trying to cook some of the food ourselves but it never tastes the same. We try to cook most of our meals and when we do go out it is usually to more reasonably priced options but when cravings hit it's hard to substitute them with anything.
+Need help I have spy options that are up 100% currently ITM @ 7.00 above strike but don’t expire until 11/19 how long should I hold before selling. Is it safe to assume they will have a little more gain on them
+Only 8% of large cap mutual funds were able to outperform the S&P 500 over a 15 year period. Billions are being made by the industry and they are providing little back to investors. Beware the "closet indexers" funds that are charging 1%+ but are basically giving you index performance. 
+
+http://public.econ.duke.edu/~boller/Econ.471-571.S17/Indexes_Stock_Pickers_WSJ_041217.pdf
+I think he's been advised to call GameStop a meme stock in every single interview and also to keep reminding people that it's a 2021 thing and that the meme stock mania is over. Just a thing I noticed and it makes me even more sure that we're winning 🚀
+
+Edit: it's "Griffin" of course
+I'm just looking for devil's advocates. I like to hear other peoples opinions and any downsides i'm not aware of before I go balls deep into something
+
+Edit: thank you all for your input. I have decided to avoid trading something I obviously don't understand and return to selling options on retail companies that I am already familiar with
+This is in response to yesterday'ss post about why we sell options. I saw a lot of responses that explain why they trade, but not why they're able to make money by selling options.
+
+"I sell options for income" may be a reason you're trading, but it doesn't explain why you sell options specifically.
+
+"To make money" may be a reason you're trading, but it doesn't explain why you sell options either.
+
+​
+
+**We want to explain why we use a particular strategy in a way that we can understand why such a strategy is important. When doing so, it's important to explain 2 things:**
+
+* The reason options are priced differently from their fair value
+* The way you can make money from the situation
+
+This helps us traders understand *why* A strategy makes money. Don't assume that profits are guaranteed because you follow a set of rules;  understand why we are paid.
+
+​
+
+**Here are some reasons (with sources) why we might systematically sell options:**
+
+* S&P 500 Index puts are chronically overpriced because institutions buy them as a hedge no matter the cost. As a result, we can make money by selling these puts.
+   * [Hedge Fund Journal Article on the SPX Volatility Premium](https://thehedgefundjournal.com/harvesting-the-s-p500-volatility-risk-premium/)
+* Investors tend to overprice options after the volatility of an earnings event. We can make money by selling overpriced options after earnings announcements
+   * [SSRN Paper on Options Prices Around Earnings](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2886040)
+
+Here's a "one-off" trade where I can explain why I make money:
+
+* Stocks become correlated during market downturns. A few weeks ago, the markets were a bit shaky. IV on XLK was so high that it was implying stocks would be nearly 100% correlated. I sell straddles on XLK and buy MSFT straddles as a hedge. As the market calms down, XLK volatility will decrease more than MSFT vol as the stocks start to become less correlated.
+
+Here is one other trade idea:
+
+* Due to beta slippage from daily rebalancing, a portfolio holding equal dollar amounts of TQQQ and SQQQ will gradually fall in value. We can exploit the inefficiency of leveraged ETFs by shorting both. In this case, it's not as important who we're trading against because we make money from the inefficiency of the product itself.
+   * [Investopedia Article on Why Leveraged ETFs lose Money](https://www.investopedia.com/articles/financial-advisors/082515/why-leveraged-etfs-are-not-longterm-bet.asp)
+After IRNTs big push last week I sold a bunch of bear call spreads for October. Fast forward to this week, some of them went ITM and were assigned early. I owe 4300 shares and am being margin called by Fidelity. I can cover, but am still confident in the trade and would like it to play out. Is there any way around this / what’s my best course of action?
+
+Thanks
+Hi all,
+
+For some context, me and my dad have saved up enough to purchase a Tesla Model 3 \~74,000 AUD. We've put down 300 dollars deposit and are waiting for it to come (should be about 3 months now).
+
+I've been kicking myself for not getting into electric vehicles for the rise in petrol prices ($2.30 now for 91 which is ridiculous), driving costs are now sky high and it's getting harder to fill up the petrol tank or take the family for a road trip on a day off.
+
+However, all things considered, I'm beginning to get cold feat. The vehicle we have on pre-order is great, its the long range model which I think is about 600 km. The technology however appears to be rapidly advancing; I heard there's a 1200 km model being developed which is planned for a 2023 release! 
+
+Do you think it's the right time to buy a Tesla or electric car? Or do you think we should wait till prices cool off and a longer range model hits the market?
+
+Thanks
+Why does this matter? End of year reporting requirements. All the funds and market makers can hide their positions all year. But they have to file a yearly report, and that report is based on fair market value of holdings. 
+
+My thoughts below are 100% speculation.  I don’t even have a crayon drawing for you. Just a thought to consider:
+
+What happens if the announcement comes on Friday? The price moons. Wherever it ends up by close is what those fuks have to use in their year end report. 
+
+Maybe the end of year report is already why Shitadel restricted investor withdrawals. They KNOW that report is going to be terrible. All these funds are about to have massive outflows of capital. They are worried about Investors running for the hills. If announcement comes and GME moons Friday, then those reports will be much, much worse than they have planned for.
+
+Edit: so this end of year report theory could also explain why the market is hitting daily all time highs despite Covid also hitting all time records. Everyone (banks, funds, etc) trying to get those numbers up before end of year reports.
+
+Edit 2: Shitadel 2020 year end report. Numbers cutoff is definitely Dec 31.
+https://sec.report/Document/0001616344-21-000004/
+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 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.
+Are here some people who live in Europe and are performing as good as the users from the United States? 
+
+Or is fat fire "harder" in Europe than in the USA? Yeah I know it's not easy as well but i mean comparison.
+
+I'm from Germany and my family is really wealthy, but the numbers from this subreddit are off the charts.
+Europoor starting the party while u/OPINION_IS_UNPOPULAR is asleep, but credits to him please fellow apes !
+
+HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY !!!!!
+
+We going to the moon or what ?
+
+EDIT: why was this post removed by the mods ? It didn't infringe any rules !  
+EDIT2: thanks mods for removing the ban on this post !
+FYI: This is not financial advice.
+
+However, the purpose of this post is to educate folks on the current macroeconomic trading trends responsible for the functionality and conditions of GameStop's stock. I'm here to inform the masses.
+
+**In my opinion, it's clear that we are dealing with a supply and demand phenomenon that has never occurred in the market before.**
+
+The volatility of this stock is not a function of widespread investor sentiment at this point, the current irregularity of the stock's movement is thoroughly a product of large institutional trader manipulation.
+
+Let's make one thing clear, it has been years since GameStop's stock has traded specifically on the fundamentals of the company. For some time now, $GME has been subject to an onslaught of targeted financial manipulation from large institutional traders (ie. Hedge Funds).
+
+[GameStop's Volatile Stock \($GME\)](https://preview.redd.it/s5rzpwqp24z81.png?width=1759&format=png&auto=webp&s=d3574fbc7a491e4ff447d903a9e02d3307226798)
+
+**So the big question to ask, what caused all this volatility in the first place and why is it likely to cause future volatility?**
+
+Let's explore the main trading tactic used by hedge funds and large institutional traders to game the system in their favour. This trading style has proven incredibility lucrative in past trades for these folks.
+
+These traders implore a tactic know in the financial world as shorting a stock.
+
+This basically means, that a trader analyzes the fundamentals of a company or it's stock conditions and postulates a general thesis, that the price of the stock is worth less than it is currently trading at. With their thesis established, they look to make a number of large bets on the decline of the company's value.
+
+How does a trader make a bet on the decline of the company? You might ask.
+
+In order to short a stock, these institutional traders are credited access by banks, brokers or market makers to large amounts of borrowed shares. (That's right, borrowed shares).
+
+**Here's how that trade works with the bank;**
+
+Trader A believes the value of the company at $10 per share; is too high based on his/her thesis;
+
+Trader A then goes to the bank and asks to borrow X amount of shares;
+
+The bank says fine, here is X amount of borrowed shares;
+
+But, you must sign a legally binding contract to return that exact number of shares at a specified date.
+
+Trader A signs that future contract and now has access to X amount of shares.
+
+Trader A then immediately goes into the market, and sells those borrowed shares at $10 per.
+
+Trader A now has access to brand new liquid capital to move into their already established long positions. (Trader A loves making a deal like this because of all the capital they gain access to just from taking on risk with that futures contract).
+
+Trader A, however, does not consider it a risk per se, as their thesis states the price of the company's stock is bound to decrease.
+
+If Trader A's thesis holds correct; at/or before the time of the contract's expiration date. Trader A sees that the value of the company has dropped to $2 per share.
+
+He/she can then go back out into the market and buy back the same amount of borrowed shares and return them to the loaning institution.
+
+Netting an $8 profit per borrowed share.
+
+So, not only does Trader A gain access to extra liquid capital during the time of the contract, (to make additional gains on their long positions) but, at the time of the expiring contract, they net an extensive profit per borrowed share.
+
+AKA: THE lucrative trading game for large financial institutions.
+
+**Here's how this trading game went wrong for Hedge Funds:**
+
+In the summer of 2020, a gentleman by the of name Keith Gill (AKA u/DeepFuckingValue or RoaringKitty on Youtube) began posting content online explaining that GameStop's stock and company value was far lower than was truly warranted.  He explored a number of positive aspects of GameStop and provided a thesis of a distinct possibility for a turn-around in the valuation of the stock. Backed by fresh, and ambitious upper management led by star investor Ryan Cohen, the company seemed poised for a rebound.
+
+Furthermore, Gill explained an interesting phenomenon that he was seeing with the stock surrounding a little known data point called a short interest percentage. All stocks are bound to have some investors short on a stock as it is a viable way to make money in the market (as explained previously).
+
+However, the interest for Gill came, when he saw a short interest rate of GameStop higher than 100% of the company's float.
+
+***Meaning, GameStop's stock had more shares issued by loaning institutions than had ever been issued by the company directly.***
+
+[Just one example of $GME's high short interest percent](https://preview.redd.it/7ga4tk9xa4z81.png?width=693&format=png&auto=webp&s=7c15528682e8f7e64d2ef55534c7bfcf966852b0)
+
+This became THE point of discussion and interest for regular investors following Gill's expanding GameStop position throughout the remainder of 2020 and into early 2021.
+
+How was it possible that there were more shares out on loan than have ever been issued by the company?
+
+Soon sentiment online began to grow as more retail traders noticed this problem occurring in the market.
+
+Short interest percent can basically be described as the number of short contracts out on the market yet to be closed;
+
+*Meaning in order to close that position, those holding the contracts would be force Short Traders to become buyers of the stock.*
+
+**Now here is the juicy part:**
+
+Short interest percent represents future buying demand.
+
+Keith Gill and Co recognized that; so, in order to avoid the stock being run into the ground by hedge funds shorting the stock. Individuals familiar with the situation began buying huge amounts of the stock looking to drive the price up.
+
+The thesis began very simply, if many investors buy and hold the stock, it would reduce the supply of the stock. Making it (A), more difficult for short traders to locate shares to borrow and sell into the market, and (B), if short traders did short the stock, the price would be more likely to increase instead of decrease, thus disproving the short thesis and ruining their lucrative trading game.
+
+You see, the short trader wants to see the price of the stock go down from where they bought in at.
+
+ie. $10 to a decrease of lets say $2: netting them an $8 per share profit.
+
+But, what happens to those short traders when the contract they made at $10; soon sees the price of that stock jump to $100?
+
+They go fucking crazy.
+
+Now those traders are on the hook with a legally binding contract for a negative net of $90 per share.
+
+Which is exactly what happened in late January of 2021.
+
+Big Yikes.
+
+**So, what options to short traders have to drive the price back down below their borrow rate?**
+
+They only have one option: Borrow and Short more shares. Meaning Borrow and Sell those shares into the market.
+
+Only a market sell will put downward pressure on the stock.
+
+And no one else is selling the stock, only buying more.
+
+Positive sentiment for GameStop's stock only continues to increase as more and more regular retail investors catch wind of this ***once in a life time trade***.
+
+Thus increasing the stock's buying pressure from new traders and those already looking to increase their position in the stock.
+
+**For Hedge Funds the issue with this conundrum is, is that the more they short the stock, the more contracts they make to become future buyers of the stock.**
+
+Thus increasing the future demand of the stock.
+
+While already dealing with current steady and increasing retail demand for GameStop's stock.
+
+Price pressure is steady up from market retail sentiment.
+
+And now, the only downward pressure comes from making future contracts to buy the stock later, but sell it now.
+
+This is why the stock is so volatile, the short interest of these contract vary widely throughout trading cycles, but upward buying pressure remains relatively constant.
+
+Future Demand is astronomical though.
+
+The true short interest percent is unknown.
+
+But, what is known, is that future demand only continues to increase, with current demand staying consistent.
+
+**So, this is really an experiment to test the limits of macroeconomic supply and demand theory.**
+
+What happens when the supply for an asset is so insanely small, but the demand for that same asset is continually growing from multiple angles at an expansive rate?
+
+The answer is; a stock price with unlimited bounds.
+
+No one knows the limits of testing supply and demand theory.
+
+**No Supply + Huge Demand = Unbounded Price Increases**
+
+**This is why, GameStop investors are so excited about this stock.**
+
+**And honestly why you should be excited too.**
+
+What's great about this financial movement, is that anyone with $90 dollars can buy a ticket to the moon.
+
+These positions between Short Traders and Long Traders will only continue to separate.
+
+There is no way back for those holding toxic short contracts on GameStop.
+
+Their only choice is to be the first big trader close their contracts and buy back their borrowed shares.
+
+Thus only adding more fuel to the upward buying pressure.
+
+This trade is inevitable, in some ways, it's already happened.
+
+Frequently Asked Questions:
+
+*Can't Hedge Funds just extend this game forever by keeping the price suppressed by continuing to short the stock?*
+
+No, not really, there is this thing called a borrow rate. Banks and market makers lend out shares to traders with a borrow rate attached to the contract. This means short traders are forced to pay premium to the loaning institution to continue to keep those loans out on borrow. This is why banks like this type of trade, because they get interest on the loan of those borrow shares.
+
+What makes this even better is that, the more retail buys, DRS's, and holds, the less shares are made available to brokers, banks, and market makers to loan out to those looking to short GameStop's stock.
+
+Supply continues to decrease; borrow rate continues to increase. Making it more difficult to handle the consistent and rising bleeding of funds out of these hedge funds and large traders.
+
+IE: It's only getting harder to borrow shares folks, every minute of every day.
+
+*What is a DRS?*
+
+DRS: Directly Register Your Shares (or something like that).
+
+You see, when you buy a share through a brokerage firm, the broker will not provide you with an actual share with your name on it. Instead, the broker will provide you with an IOU of that share with your name on it. That way, the actual share remains under the name of the broker, which allows said broker to loan out that share to another trader that's either long or short.
+
+Superstonk and Co: figured out this shady business practice that brokers engage in months ago, and have been actively engaged in a process called a direct register (DRS).
+
+This process allows you to register your shares directly with the company via a transfer agent (ComputerShare). This allows true ownership of your shares as you are registered directly with the company you hold stock in.
+
+Not a broker issued IOU. An actual share with your name on it.
+
+General investors have only become aware of this transfer process in the last 6 to 7 months and folks have already been able to directly register 35+% of GameStop's Float.
+
+Indicating a trend towards the thesis that GameStop's float is highly oversold/overloaned.
+
+Wow.
+
+By directly registering you shares (for GameStop or any other company), you directly avoid your shady fucking broker loaning out those same shares to some bastard trader looking to bet against the company you are long on.
+
+In my opinion it is an essential process. But, if you can't do that for whatever reason; Buy and Hold.
+
+This is not financial advice.
+
+But it is damn interesting... and never happened before.
+
+If I was on the fence about this whole thing, I would absolutely own at least one share of GameStop.
+
+This isn't even about company fundamentals anymore.
+
+It's simple supply and demand economics.
+
+Let's try a little experiment and test the limits of this simple theory.
+
+​
+
+​
+
+Thanks, and Cheers.
+
+Also Don't Forget. GameStop is about to announce a stock split.
+
+BUY DRS HOLD GAMESTOP SHARES
+
+Diamond Fucking Hands.
+ I’m literally literaling over here, on a scale from one to even I can’t. 
+
+Someone please post something smart and confirmation biasy pleeeaaassseeeee this is fkn loco. 
+
+I need to see some triangles and breakouts and speculation of liquidity drying up. I’ve never seen volume this low on any stock I’ve ever held! I’m dying here, wen moon?
+
+Oh and happy drinko de Mayo, can’t wait for 4 o’clock fajitas, margaritas and micheladas órale.
+Lots of newbs entering this space at the moment. We were all newbs once. And whilst it is tempting to forget fledgling steps (and some luck) which have led to eventual successes, it is important to maintain integrity. 
+
+It may just be me but noticing a lot of "it's just natural selection at work guys", "haha, served them right for being dumb" comments. Whilst I am not the comments police, a bit of empathy does good for the soul guys. Especially in what can be an at times stressful space. Peace. 
+It's kinda funny how we all keep bashing said meme coins, and they just don't care, I think it's time to accept that logics don't apply anymore, 2 of the top 10 crypto are dog coins, there are actual people getting rich from memes, how crazy is that?  
+
+Some of you might feel let down abut this, I know I did, mostly because there are other projects I believe in that aren't doing nearly as good (SHIB over DOT, the f is wrong with you people 🙁 ) but take your time to think it first before FOMOing, this may be a hype run and there will be a lot fear involved!  
+
+How do you guys feel about this, it's time to stop DYOR and just look for the next big dog coin?
+The coming of a new era? Yahoo (NASDAQ:YHOO) put out a live-stream of yesterday's Jaguars-Bills matchup for free, marking the first NFL game to be available primarily over the Internet. The move was symbolically significant for the league, which wants to start experimenting with digital distribution, and likewise for Yahoo, which has become very interested in Web video under CEO Marissa Mayer. According to people familiar with the agreement, Yahoo paid $20M for the rights to the game.
+Would someone explain to me why the stock market dropped today even though Trump signed the stimulus package?
+
+I thought this confirmed the good news that has been hyped all week by senators.
+
+Though, I have heard of "buy the rumor and sell the news" saying before, could this be an example of that?
+I'm nearing the end of my college, and since I had a full scholarship for the entirety of it, I pretty much earned it for myself. Just in case I couldn't though, my father and (mostly) grandfather invested money, or created an account, (I'm not sure of the details) in my name when I was a child that is valued now at nearly $160,000. Most people struggle to even pay off college debt, let alone save up that much money, and I truly feel that I'm in a good position to take that money and go out into the world to do with it what I need, to be the person I want. However last week, I got the impression my Dad's habit of living outside of his means and spending above his limit is finally starting to catch up with him, because now he's asking me to go sign something so he can use that money to help pay off my "expenses," though that alone sounds vague. If he's claiming me as a dependent, why should I need to give him back money that was intended for my future betterment, so he can avoid the consequences of living an exorbitant lifestyle now? I think he mentioned whatever I needed to sign would give him power of attorney, but that doesn't sound right?
+
+EDIT - Money is currently invested in several index funds in my name, iirc
+I love hearing stories about people on the FIRE train, and how it allows them to be more confident at work or put up with less bs. Does anyone have any stories to share?
+To those who just buy options, calls or puts, are you consistently profitable?
+
+Also, do you trend to buy OTM or ITM and how do you assess if an underlying is good for buying am option on?
+
+Thanks.
+Completely game changing for the usefulness of rule 72(t) for FIRE. This is very nice flexibility to set your plan to use any rate from the 120% mid-term rate (has been very low lately) up to 5%. Access to penalty free tax-differed savings can move up your FIRE date by years and can be started immediately, without waiting 5 years like with a Roth conversion ladder.
+
+IRS Notice 2022-06 set to be published Feb 7, 2022, Page 7: https://www.irs.gov/pub/irs-drop/n-22-06.pdf
+
+> (c) Interest rates. The interest rate that may be used to apply the fixed amortization method or the fixed annuitization method is any interest rate that is not more than the **greater of (i) 5%** or (ii) 120% of the federal mid-term rate (determined in accordance with section 1274(d) for either of the two months immediately preceding the month in which the distribution begins). The revenue rulings that include the section 1274(d) federal mid-term rates may be found at https://apps.irs.gov/app/picklist/list/federalRates.html.
+People talk about selling covered calls a lot, but does the strategy actually increase expected risk-adjusted returns? I have no clue whether it's actually a good idea to sell covered calls on individual stocks I own.
+Hi everyone
+
+I’m purchasing my second property (PPOR) in QLD. We signed the contract 30 days ago with 2 week conditions on building + pest and finance. Finance was approved early but the B+P report came back the day before it was due and picked up some structural defects (nothing major) and the seller took 25K off the original sale price which I accepted. We requested a week extension on the conditions to negotiate this and obtain the necessary quotes for repair.
+
+Even though our finance was approved, the bank requested the amended contract which is to be expected. So we said we would satisfy the B+P condition but requested another extension on the finance so the bank could reprocess the amended contract. We have been approved again on serviceability but the bank have requested another valuation due to the building and pest report.
+
+Now, the seller has come back accepting the finance extension but not an extension on settlement. We have another week for the bank but it leaves only 7 days to settle after unconditional approval. Before this they offered for our deposit (2500) to be taken if the finance is not approved. These terms were presented to us at 5.20pm on Friday and of course that leaves the weekend to work out how to proceed.
+
+The obvious answer is to terminate on the basis that no one (not even the discharging bank) can prepare for settlement in 5 business days. I’m just surprised that this has even been suggested. I’m suspicious that they plan to charge us default interest because they know we will not settle by that date.
+
+The agent tells us they want to settle before Christmas but if we terminate there’s no chance of another buyer settling before us.
+
+My solicitor (actually, the conveyancing clerk) just says “what do you want to do?”. So my legal advice is useless now. 
+
+We do want the house but this settlement time is unrealistic for everyone involved.
+
+I’m interested to hear your thoughts on my situation. Thanks in advance.
+
+EDIT: I should mention that yes, the vendors were in a way responsible for the delay in the report. The agent couldn’t provide access for the first inspector at Day 5. So they arranged another inspector at Day 9 who then cancelled. So a third inspector did the report at Day 11 and we got it back the next day (Day 12).
+I'm 15 with ~$8000 in the savings. I work 15+ hours a week at Maccas (normally Saturday and Sunday). Majority of it is in a savings account (around 6.5k). I only get around 1% interest. I also have 1.3k of cash at home from soccer refereeing. I don't see the point in putting it in the bank to earn 1% interest. I also have $500 worth of csgo skins which are steadily going up in value. My only expenses are canteen food :)
+
+My question is how can I maximise my return on these savings. I don't have super as Maccas doesn't pay it to Casuals doing less than 35 hours a week. I cannot legally invest my money due to being under 18. I don't intended on buying a car as I don't really need one. 
+
+(I have been working at Maccas for 1+ years and have been soccer refereeing for 2 seasons. I can provide proof of savings of required.)
+I'm 15 with ~$8000 in the savings. I work 15+ hours a week at Maccas (normally Saturday and Sunday). Majority of it is in a savings account (around 6.5k). I only get around 1% interest. I also have 1.3k of cash at home from soccer refereeing. I don't see the point in putting it in the bank to earn 1% interest. I also have $500 worth of csgo skins which are steadily going up in value. My only expenses are canteen food :)
+
+My question is how can I maximise my return on these savings. I don't have super as Maccas doesn't pay it to Casuals doing less than 35 hours a week. I cannot legally invest my money due to being under 18. I don't intended on buying a car as I don't really need one. 
+
+(I have been working at Maccas for 1+ years and have been soccer refereeing for 2 seasons. I can provide proof of savings of required.)
+He's 58, has about 80k in savings and 2 houses worth about 150k each, 1 he lives in, the other he rents for $180pw. Recieves a disability pension from the gov about 450pw (I think). Mum was his carer and managed all finances.  
+We had a family meeting and he would like help locking away a large part of the savings to get some return and make it harder to spend all at once.  
+
+
+Any advice (In General) or on how to invest the savings?
+Hi all - I'm cross posting this thread from another sub since I think that the fine users of this one may also be able to help me out, hope that's ok :)
+
+Here's my brief bio: I got my BS/MSc in Economics, then became a  professional gambler for 5 years. Professional gambling involved a lot  of researching/looking for edges, statistical analysis and modelling,  execution (getting the money down), quick thinking, etc. I'm now looking  to move onto something new and gonna go back to grad school for a more technical degree at the intersection of CS/ML/stats/applied math.
+
+Before  I invest too much into anything I'm trying to get a taste of different  subjects to see how I'd enjoy working in them. Quant trading/buy-side finance is  something that a lot of good professional gamblers are also interested  in, and from what I've heard/read the mentality can be very similar.
+
+I've already found a course to get a taster of ML ([fast.ai](https://fast.ai/))  and there are many courses to get a taster of CS (Harvard's CS50  course, some free 'build a web app' courses). I was wondering if anyone  could suggest something similar for the world of  quantitative/algorithmic trading? Basically a course that gives  me some exposure to the mindset, subject matter, tools, by giving me a  taster. I already have some basic programming knowledge (taught myself Python and Java), and I think my stats/math is decent from the econ degrees (+ the gambling) - so the course can assume that.
+
+Some options I've thought of:
+
+* [http://pages.stern.nyu.edu/\~adamodar/New\_Home\_Page/equity.html](http://pages.stern.nyu.edu/~adamodar/New_Home_Page/equity.html) \- Valuation class by Damodaran
+* [https://www.udacity.com/course/machine-learning-for-trading--ud501](https://www.udacity.com/course/machine-learning-for-trading--ud501)
+* [https://ocw.mit.edu/courses/sloan-school-of-management/15-433-investments-spring-2003/](https://ocw.mit.edu/courses/sloan-school-of-management/15-433-investments-spring-2003/) Although may be too academic/old?
+
+Thanks in advance!
+Hey everyone. I wrote my own indicators and made a strategy in tradingview, but it seem on 1, 3, 15 min and 1 hr time frame it's profitable, but on 5 min it's at a loss. 
+
+https://imgur.com/z4NY26y
+
+Has anyone seen something like this? How do you track down the problem? Sorry for the newbie question. I'm fairly new to algo trading.
+
+
+---
+
+update: I figured out what's going on. 
+
+The problem was that my indicator was creating way too many trades for 10000 bars, just as /u/Holidaya35 suggested.
+
+It's some kind of bug on tradingview's pinescript. The total number of trades are larger than the number of bars allowed for free users which is 10000.
+
+After some tweaking I've managed to get the tradingview's native strategy tester to work just like my indicator/strategy so both make the same trades. That took a while. It appears problematic portion of my code is the cumulative sum function. it's pulling data from more than I can access. I checked all the trades visible and they're are more or less consistent with the percent wins.. 
+
+And upon running the test, it came back with 71.8% win rate, which is reasonable for homegrown indicator. The actual strategy tester gave me 28 trades with $6.92 for $0.24/trade on the security who price is around a buck. My indicator and my method of enumerating the profits/trades gave me $0.44/trades, which is significantly off. 
+
+Back to the drawing board.
+Update: Got my offer letter. Joining next week.
+
+I live in India - I interviewed with a hedge fund in Mumbai, and below is the layout for the day of the interview. Feel free to ask deeper questions if you feel those are necessary. I'm about one year out of IT grad school.
+
+Test 1 (pen and paper) - 15min - complete 100 basic mathematics questions (keep in mind that the instructions to the test could contain tricks and shortcuts, in my case there was a condition in the test which would allow me to top the score despite doing two questions out of 100)
+
+Test 2 (pen and paper)- Puzzles like slitherlink and tapa - 40min
+
+Test 3 (pen and paper) - Questions on probability - normal distributions of various types, numerical questions (basics only, it would require remembering direct forumulae, inputting values and writing results down) - 20min
+
+Test 4 (pen and paper) - Questions on a comprehension (in my case this was the performance analysis of a hedge fund, with their avg profit per share, weekly profitability and the probability of them making a profitable trade as a function of their profitability and avg profit per share, scratch and win/loss percentage - the questions focused on changing parameters and seeing how the profitability would change.
+
+Interview 1 - Tech interview, minor focus on Python (that's a key point in my resume, could differ for you)
+
+Interview 2 - Tech interview, basic coding - a question on requests library and seeing if I can use Pandas to get data, fairly basic
+
+Interview 3 - HR/Interview with founder discussing salary. At this point he asked me as to when I can join, and I said about a week from now.
+
+Still to get an offer letter - I'm quite an anxious person, so I'm not sure if I'm getting an offer. The interviews were positive and the Founder welcomed me to the firm. (I'm not the trusting type unfortunately... So I'm waiting on the offer letter to confirm things in writing)
+
+The salary is a little more than twice of what is offered to a software engineer. I'm not from an IIT or premier engineering institute, so it could be higher for people from Tier 1 institutes.
+
+AMA :)
+ 
+
+Lottery Token got listed on CMC and CG on Monday and is not stopping its growth anytime soon. With a full Audit from solidity Finance and locked liquidity, it is all set to bet the next big decentralized crypto Lottery.
+
+Through the traffic, there were **4 Lottery\`s on Monday, each worth over 6000$**, just yesterday. With approx. 4800 holders that make a 1 in 1200 chance of winning 6000$ yesterday! But the best part, you only need to hold 18 LOT as a LIFETIME ticket, and you will take part in every draw!
+
+The First big Side Lottery event was also Announced. Besides your 18 LOT lifetime ticket, you can send 5 LOT to a separate wallet (all visible on BSCscan) and Take part in the first live draw on Sunday. The whole process will be livestreamed with 3 different winners, so far the pot is about 2000$ and is rising as more tickets come in!
+
+But how does the whole thing work?
+
+Each transaction has a basic fee of 6%. 2% is redistributed among all holders, 2% is burned, and the last 2% is going into the lottery pool. If this reaches a quantity of 0.1% of the total supply, it will be distributed to one lucky holder. Since these draws depend on the size and number of transactions, this means that several draws are possible in one day.
+
+How can I participate?
+
+Any address with a minimum of 18 LOTs is automatically eligible to participate in the drawings. After that, you never have to pay money or top up. Just hold, and you have your lottery ticket for eternity!
+
+What is the chance and the pot?
+
+Currently, you have a chance of about 1/4400, which is incredibly high compared to lotteries in the real world! The pot is currently \~1225 LOT with a current value of \~6000 USD!
+
+What is this buyback everyone talks about?
+
+From LOT V1 which had a fault in the code (new code audited, no more faults) the remaining Liquidity which is unlocked in September will be used to slowly put into LOT V2 and then burn the purchased tokens, helping further increase the price and scarcity of the token! The remaining Liquidity could be around $50,000 USD.
+
+**Roadmap:**
+
+Listing on CMC \[DONE!\]
+
+Listing on GC \[DONE!\]
+
+New Side Lottery \[DONE!\]
+
+✅ Applied on DappRadar
+
+Refurbished Website
+
+More LOT related Features
+
+Exchange Listings
+
+Buyback from LOT V1 in September
+
+Pancakeswap: [https://v1exchange.pancakeswap.finance/#/swap?outputCurrency=0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7](https://v1exchange.pancakeswap.finance/#/swap?outputCurrency=0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7)
+
+Contract: 0x4e7ae924fd9a5d60b56be486b2900efe0c6a9ca7
+
+Website: [https://lotterytoken.net](https://lotterytoken.net/)
+
+Audit: [https://solidity.finance/audits/Lottery/](https://solidity.finance/audits/Lottery/)
+
+Telegram: [https://t.me/lotterytokenchat](https://t.me/lotterytokenchat)
+
+Twitter: [https://twitter.com/lottery\_token](https://twitter.com/lottery_token)
+
+Coin Market Cap: [https://coinmarketcap.com/currencies/lottery-token/](https://coinmarketcap.com/currencies/lottery-token/)
+
+Coin Gecko: [https://www.coingecko.com/en/coins/lottery-token](https://www.coingecko.com/en/coins/lottery-token)
+Uber says it’s investigating a “cybersecurity incident” amidst reports that the company’s internal systems have been breached. The alleged hacker, who claims to be an 18-year old, says they have administrator access to company tools including Amazon Web Services and Google Cloud Platform. The New York Times reports that the ride-hailing business has taken multiple internal systems, including Slack, offline while it investigates the breach. The hacker appears to have made themselves known to Uber’s employees by posting a message on the company’s internal Slack system. “I announce I am a hacker and Uber has suffered a data breach,” screenshots of the message circulating on Twitter read. The claimed hacker then listed confidential company information they said they’d accessed, and posted a hashtag saying that Uber underpays its drivers.
+
+The Slack message from the alleged hacker was so brazen that many Uber employees appear to have initially thought it was a joke, the Washington Post reports. Employee responses to the post included lighthearted emoji like sirens and popcorn, as well as the “it’s happening” GIF. One unnamed Uber employee told Yuga Labs security engineer Sam Curry that staff were interacting with the hacker thinking they were playing a joke. “Sorry to be a stick in the mud, but I think IT would appreciate less memes while they handle the breach,” one employee’s response read, according to The Post.
+
+The hacker claimed to the NYT to be 18 years old, and told The Post that they breached Uber for fun and is considering leaking the company’s source code. In a conversation with cybersecurity researcher Corben Leo, they also claimed to have gained access to Uber’s systems through login credentials obtained from an employee via social engineering, which allowed them to access an internal company VPN. From there, they found PowerShell scripts on Uber’s intranet containing access management credentials that allowed them to allegedly breach Uber’s AWS and G Suite accounts. “This is a total compromise, from what it looks like,” Curry told the NYT. “It seems like maybe they’re this kid who got into Uber and doesn’t know what to do with it, and is having the time of his life.”
+
+https://www.theverge.com/2022/9/16/23356213/uber-hack-teen-slack-google-cloud-credentials-powershell
+TLDR: So, you’ve got $200,000 in cash and you must invest all of it (or want to) in 12 months. How do you invest it? Especially considering this year coming up? Rising rates, covid backlash, Ukrainian invasion fears, etc. DCA or all at once?
+
+
+So I recently inherited some money, it’s about $200,000 in an IRA account. It’s 100% cash and I plan on investing this year but considering the current market conditions I’m conflicted on my approach and strategy. On one hand I could dollar cost average into the market using index funds at a rate of approx: $16,000 a month for 12 months. Or I could invest it all at once, diversification would be into 3-4 Index funds and ETF’s for both ideas ofcourse. 
+
+Another question, what is the opinion on bonds this coming up this year? Because with the rising rates, bonds will take a hit. Currently the three or four index funds and ETFs I will use all track equities. Ideas on bond allocation? 20%?100%? Lmao. But seriously.
+I was with her for 2 years, and honestly, before crypto trading, my life was really boring. 
+
+I work a regular 9-5 barely making bills on time. I'm not saving anything ever, and my only hobbies is her, all she wants to do is watch movies, and I get that.  That's not the issue with her, I really don't like judging people.
+
+About this time last year after talking with a friend, I decided to make an investment into crypto with only $1000.   I know that's small beans for most people but It was everything I saved in 4 months.  I told her about it, and she was a bit upset that I wasted my money but she got over it.  
+
+_______
+
+**Now I have about $10,000 IN CRYPTO**
+
+- it's very exciting.
+
+- already cashed out my initial investment
+
+- cashed out an additional $1000
+
+- I put $2000 of my long term aside for day trading. 
+
+- I'm on over 12 exchanges
+
+-  I'm able to make an extra $300 a week playing lower cap coins. 
+
+I've honestly never had so much money in my life, and I'm much happier! Crypto is a real hobby and investment at the same time.  
+
+**But for the past couple months since the Doge frenzy, My girlfriend is Super Paranoid about it, and doesn't understand anything.  She keeps telling me not to buy into the meme coin thing even though I told her I never have**. 
+
+**She keeps**...
+
+- telling me if I don't take out I'm gonna lose all my money
+
+- telling me to take it all out so we can go on a big vacation.
+
+- telling me it's an addiction and maybe I should stop and see someone about it
+
+Now her latest thing is telling me what I'm doing is hurting the environment.
+
+THIS IS SO AGGRAVATING! 
+
+I must of told her at least 7 times I can't lose my money because I already cashed out a 100% profit, and I'm starting to cash out an additional $200-300 a week swing trading ... and the rest doesn't matter as it's long term.
+
+Her response? **That's not gonna last forever**
+
+Who cares if it lasts forever or not.  I'm good, I never lost, so it doesn't even matter, and that extra wouldn't even be there if I listened to her to stop a few months ago .
+
+
+But anyway I just figured maybe she misses spending time with me at nights.   Woman are very hard to figure out.  
+
+So I decided to do something nice the other day. 
+
+- I bought her few orchids. 
+(Not the crypto Orchid...the actually flowers).  
+
+- I bought very expensive food to cook, and wine. (With my crypto earnings)
+
+- I bought her a new bag for the gym
+(Here's was starting to rip on the side)
+I bought that to with my earnings. 
+
+**I spent ALL DAY yesterday preparing and cooking a meal so I could have it ready by the time she gets home from work**
+
+We actually had a good time. She was smiling and so happy I did all that for her, we talking about nothing too. It was perfect. We were tipsy, and at the end just as the meal was finished I decided maybe this was a good time to make some moves on her later...  
+
+But before she finished...she just couldn't help her self?
+
+    She ended the whole thing with *I really wish you would stop playing on those crypto apps*
+
+And then we got into a little picker over it. 
+
+I was SOOOO PISSED!  I Felt like the entire mood was killed and everything I did to make a good mood was just nullified.
+
+So yesterday I simply gathered all my stuff up this morning, went to the bank and withdrew that $1000 profit, I left it on the table for her with a note that said "you wanted to use my crypto earnings for vacation...now you can without me" 
+
+I also changed my number, and today I'm driving to another state to look at a house to rent.. funny thing is, the rent is 1/3 of the price that we were paying here in the city.   
+
+- Now I have the luxury of exploring other jobs without worrying about going broke for rent. 
+
+- Now I can enjoy trading crypto without hearing it from someone that wants to control my life.  
+
+NOTE: what my investment in alts go up another 12x?  That's over $100K that's enough for a down payment on a house and will cover 4 years of mortgage payments. It might not get there but what if it does? And if not , what's my loss? Doubled my initial investment? Back to working like I always do?
+There's everything to win and nothing to lose for me. I'm glad I left.
+Its official as of today, Apple the last tech giant to hold out is now in a bear market. Google, Microsoft, Netflix, Facebook, and Amazon entered a bear market around the March and beginning of May sell off while Apple was the last tech giant to enter a bear market. Today is the day where officially all big tech are now in a bear market. 
+
+I read from a trader somewhere that he says he knows we hit a bottom when people are so scared that they don’t even wanna buy Apple stock anymore. Thats when we hit true capitulation.
+
+What are your tech buys and buy targets? Today it’s looking like the market is continuing to sell off with tech leading the way down. I guess these are the kind of markets thats going to separate investors into traders and whether we see “investors turn into traders and traders turn into investors”.
+Some folks seem confused about the fact that greater than 100% of GME floated shares are short.  (example [here](https://www.reddit.com/r/wallstreetbets/comments/l97ykd/the_real_reason_wall_street_is_terrified_of_the/).) 
+
+I'm here to tell you: IT DOES NOT MATTER whether the short percentage is above or below 100%.  Even 20% of a stock being shorted is a bigass signal that locating enough shares to cover is going to be REALLY HARD.
+
+So let's look at why 100% of shares shorted doesn't matter: Shorted shares work exactly the same as money multiplication in fractional-reserve banking.  Picture a stock with exactly 1 share in its float, and that share is owned by autist "A". Shorter B borrows the share via a broker, sells to a buyer C, and the buyer C leaves it with the broker. The broker loans it out again to another shorter D, who sells to another buyer E.
+
+Now there are two people who have shorted (B, D) and the short interest is 200% of the float. Note also: three people think they own the stock, and the total shares they own is 300% of the total shares issued by the company.  
+
+**IT SIMPLY DOES NOT MATTER THAT 100% of the shares are shorted because there are now 200% of the shares in the hands of longs.** 
+
+When you count up the total shares held by longs, even 1 share is loaned out for a short results in more than 100% of the float are owned by longs.
+
+So GME has 113% of the float shorted on Friday, which means 213% is in the hands of longs.  This is still a VERY tough scenario to cover.
+
+tl;dr GME 💎🙌
+I posted this on the daily discussion, but since I figured it would soon get buried, I copy/pasta'd this for everyone to read here as its own thread. Please feel free to leave some other feedback/tips for our new /ethtrader friends to read. I imagine there are a lot of new faces in this space lately & I want us all to work together & succeed.
+
+So as a relatively new comer to ETH (started getting interested only 3 months ago) there are some really important tips I want to address with all the newcomers to the crypto world as well as Ethereum specifically that I have learned.
+
+
+After the heavy influx of new people joining the investment into Ethereum/the technology of Ethereum, you can imagine that whales (the individuals who have acquired large amounts of ETH, for reference we can say something along the lines of 10,000+ ETH or even just several thousand). These "whales" can easily sell a large quantity of ETH (whether all at once, or periodically over the next few hours) to break the price down lower and lower. This causes the weak hands (those who seem to imagine that investments only occur in straight lines upwards forever) to consequently fold and sell their ETH. This sets a cascading amount of sell orders by new people, weak hands, and people who are convinced that we're crashing/have stop loss orders set. It is and has been way too easy currently to take advantage of people like this by instilling panic and FUD (fear, uncertainty, doubt) so remember the next few tips when this happens in the future.
+
+
+Take a deep breath & zoom out of the price charts. After our violent trend upwards from $88 to a high of $184 in a VERY short amount of time, a correction was bound to occur anyway. To think otherwise is immature and ignorant. The price swings are only going to get more volatile and violent as the price of Ether rises. Gone are the days were a $2 or $10 difference is a huge dip or a imminent dump. There will be more volatility in both directions, upwards and downwards. It is not unusual to see our older brother Bitcoin on bad/good days sees differences in several hundred $. So step back, don't panic, do some research. Did a black swan event occur? Did Vitalik get hit by a lambo and is in critical condition in the hospital (God forbid btw)
+Next time, when it hits a nerve-wracking amount for you - just keep watching the charts for the bounce. Imagine you sold at the very bottom, only for it to immediately jump back up a large % upwards, would you FOMO back in and buy back at a great loss? Or would it have been best to just HOLD and take a step away from the computer. Research and see if anything has changed, our tightly knit subreddit has shown that we all reconvene here to share info, news, and updates - so here is a good place to see if something terrible happened.
+
+
+In short.. learn to be greedy when others are fearful, and fearful when others are greedy. & NEVER EVER invest more than you are willing to lose. We are here for you in the euphoria upwards, and we are here for you in the despair downwards. This is why our community is one of the best in Crypto.
+
+p.s. - at the time of writing this, we have went from $88 to $184 in 3.5 days, after our first day of Consensus 2017, we reached an ATH of approx $184, and pulled back down to the mid $130 range, only to within the next hour or two reclimb back up to $175.
+Over the weekend myself and some friends were discussing expenses and it blew me away that no one knew how much their weekly expenses were.
+
+I use a spreadsheet with all annual expenses broken down into a weekly figure that I put away each paycheck. This is so that when a bill comes through, I've already got the correct amount of funds put away to pay it.
+
+How does everyone else plan for regularly occurring expenses?
+
+Below is a screenshot of my breakdown in case anyone is interested. If you have a regular income, I've found this, coupled with a few separate bank accounts, is the easiest way to budget for those larger expenses no one wants to reach into their pocket for.
+
+\*EDIT. The screenshot is only a portion of the sheet. There are other columns that show the values as monthly, quarterly, annually etc
+
+https://preview.redd.it/590dtyrdm1x91.png?width=515&format=png&auto=webp&s=aadf9abdb9dccaaf0f6e71885e0be646cc62e7a6
+I have finally found a job where I can finally pay for eharmony! Yay! My goal first was to find a good career. Now that I have it, now my next goal is to find a life partner. I’m determined. Though it took a while to get my career going, 37 (f) isn’t too old right? 
+
+I’ve been frugal, and even now I’m second thinking paying the money. But in the longer sense, it is for my benefit to find a good partner to share a good life with. 
+
+Wish me luck. And if anything wish me someone who knows of the struggle and overcame it as well. 
+
+
+:)
+Guten Tag to this global band of Apes! 👋🦍
+
+The markets are *wild* right now, are they not? Yesterday had the largest single-day market capitalization loss for a single company ever, while also seeing another enormous company dip wildly during market hours only to swing upward after-hours. Snap, which had a terrible day yesterday is suddenly up 60% in after-hours trading? What could possibly justify that?
+
+All of this just goes to show that there is no rhyme or reason to the markets these days. GameStop announced a huge partnership yesterday, showing their commitment to doing NFTs the right way, unlike many companies who have recently announced plans to dabble only to recoil when they hear backlash about the environmental impact of NFTs. By working with established L2 partners, GameStop can alleviate these concerns and connect their fanbase to the NFT creators in a sustainable way. Of course, the Institutional Shorts pushed back hard with a 70% short sale ratio, staving off the combination of bullish news and bullish price action. In any case, it is incredibly nice to finally see an official announcement from GameStop, and I look forward to them announcing an additional partnership with Loopring to complete the L2 chain for consumers.
+
+Finally, Gary Gensler revealed that the vast majority of Market Orders are routed to dark pools - a reminder that when buying, you should use Limit Orders or route through IEX. The SHFs thrive on their ability to manipulate retail orders through PFOF, and the more we can starve them of that power over our share purchases, the better.
+
+Today is Friday, February 4th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 120 minutes in: **$100.14 / 88,73 €**  *(volume: 982)*
+- 🟥 115 minutes in: $100.22 / 88,80 €  *(volume: 869)*
+- 🟥 110 minutes in: $100.23 / 88,81 €  *(volume: 868)*
+- 🟥 105 minutes in: $100.28 / 88,85 €  *(volume: 859)*
+- 🟩 100 minutes in: $100.29 / 88,87 €  *(volume: 840)*
+- 🟥 95 minutes in: $100.18 / 88,77 €  *(volume: 837)*
+- 🟥 90 minutes in: $100.25 / 88,83 €  *(volume: 837)*
+- 🟥 85 minutes in: $100.69 / 89,22 €  *(volume: 827)*
+- 🟩 80 minutes in: $100.77 / 89,29 €  *(volume: 824)*
+- 🟥 75 minutes in: $100.58 / 89,12 €  *(volume: 824)*
+- 🟩 70 minutes in: $100.72 / 89,24 €  *(volume: 823)*
+- 🟥 65 minutes in: $100.28 / 88,86 €  *(volume: 822)*
+- 🟩 60 minutes in: $100.44 / 89,00 €  *(volume: 796)*
+- 🟥 55 minutes in: $100.43 / 88,99 €  *(volume: 792)*
+- 🟥 50 minutes in: $100.45 / 89,00 €  *(volume: 791)*
+- 🟥 45 minutes in: $100.47 / 89,02 €  *(volume: 791)*
+- 🟥 40 minutes in: $100.50 / 89,05 €  *(volume: 791)*
+- 🟩 35 minutes in: $101.02 / 89,51 €  *(volume: 676)*
+- 🟥 30 minutes in: $100.97 / 89,47 €  *(volume: 675)*
+- 🟩 25 minutes in: $100.99 / 89,48 €  *(volume: 570)*
+- 🟥 20 minutes in: $100.96 / 89,46 €  *(volume: 568)*
+- 🟩 15 minutes in: $101.00 / 89,50 €  *(volume: 517)*
+- 🟥 10 minutes in: $100.61 / 89,14 €  *(volume: 399)*
+- 🟥 5 minutes in: $100.72 / 89,24 €  *(volume: 262)*
+- 🟩 0 minutes in: $100.73 / 89,25 €  *(volume: 103)*
+- 🟥 US close price: $99.23 / 87,92 €   *($102.00 / 90,38 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1286. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I've gotten a lot from here and wanted to give a bit back. I've been live trading this bot for about 2 months. All but the first two trades I made with it are now fully automated. It was trained and back-tested about 20 years through 2020 on daily OHLC and trades market on close (MOC) orders on the 3x ETF of its underlying signal when it has high conviction.
+
+It's held up well in 2021 YTD as the test data and the last 2 months while its been live. 12 trades isn't a large dataset, but so far its on pace against the the backtest for # Trades, outperforming in Win% and Avg Loss, has lower Avg Win.
+
+[Backtest vs Live](https://preview.redd.it/oypq38wa5b971.png?width=456&format=png&auto=webp&s=2be78649d1da5a83bda837b325d0997becf609f9)
+
+Here are the exact trades it made as pulled from TDA cost basis export. I unwound the wash sales, but otherwise all data is unmodified
+
+[Cost Basis Export](https://preview.redd.it/3sawxrr7xb971.png?width=821&format=png&auto=webp&s=f449addbe2ec71148a212ad973c20f96f6067c12)
+
+Next steps, but open to ideas:
+
+* Re-optimize based on forward tests instead of backtests
+* Try to scale down to intraday to see if performance holds
+
+**UPDATE 7/6:**
+
+Here's the backtest starting around Mar 2008 just to see what would have happened if this started right before 2008. Each color is a separate model. The dark black is the Weighted combination applied for each model.
+
+[Backtest 2008-2021](https://preview.redd.it/bsz91kycjn971.png?width=455&format=png&auto=webp&s=974fdb1a1d063cd4f8872fee6445ea3ecefd952a)
+
+And here's the drawdowns for the same backtest
+
+​
+
+[Drawdowns 2008-2021](https://preview.redd.it/rz92lp65kn971.png?width=455&format=png&auto=webp&s=0bdb4bf2e7a55e0c59e2660ff44e814179e76b29)
+Can anyone recommend a good dedicated server provider in New York? I will be trading futures and that's where my brokers order matching server is.
+
+Any other suggestions such as VPS providers are also welcome
+
+thanks in advance
+
+​
+
+Edit: our algorithms are latency sensitive, we are hoping for <5-10ms ideally.
+Those of you who started out as software engineers and moved to roles like product management, architecture and dev management how did it work out financially?
+I, like many others new to the market, was optimistic that the good times would last forever back in 2020. I built a stable portfolio around good companies after the market crash in March - MSFT, AAPL, NVDA, AMD I thought I was brilliant as they steadily increased but that wasn't good enough for me, I wanted more so I came onto this subreddit and started browsing penny stocks. 
+
+Sifting through some clear pump and dumps I found a stock that had some promise. They had a drone holding that had just secured a government contract to monitor nuclear sites. I was interested and did some research and decided to cash out everything and invest. This started my tumultuous journey with ALPP...
+
+ The stock started to gain some traction and over the few months that followed it shot up to $9. My average was $0.5 and I was delighted. This was life changing money to me. The CEO Kent Wilson announced nasdaq uplisting in 2-4 weeks so I decided to hold and wait for it. Months passed by and still no Nasdaq. It was delayed due to an influx of SPACs applying for uplist to cash in on retail investor mania. Finally the day came around of the Nasdaq uplisting and the price bottomed again. 
+
+To award long term holders Kent Wilson announced an offering soon after with warrants pushing the price down further. Market conditions worsened and the price fell to 52 week lows. On Friday, Kent Wilson published a shareholder letter stating worse times are to come as they face supply strains issues. Through all the offerings and dilutions the company failed to organically grow their businesses and left shareholders with the tab. 
+
+So for everybody new to penny stocks please learn to sell. Companies are not your friend and no matter the confidence you have in the executive team or the business model it does not mean your money will be transformed into gains.
+Hey gang, so here's the situation I'm in. I was a shareholder i n a Canadian corporation. I resigned last year and my shares were paid out end of year in the amount of $40k. Just received my tax bill and it's $50k. 
+
+The way this company operates, the employee purchases shares from a retiring shareholder though I own the shares outright. I then make monthly payments to the retired shareholder. If you go to a competitor you must sell your shares back to the corporation. I had purchased $120k worth of shares and had only paid off $40k. 
+
+They paid the retired shareholder the balance of the shares in the amount of $80k and they paid me $40k. Problem is they paid it all via a dividend so on my T5 it looks like I received a $120k dividend that is fully taxed like income. So I owe $50k. 
+
+I've spoken to other exiting shareholders and this happened to them. Some used ABIL to reduce the amount but this whole situation still seems shady as hell. 
+
+Any ideas?
+
+Edit: thank you everyone. Lots of good info and a few people were bang on. Waiting to hear from my lawyer and a couple of accountants that have reached out.
+I know so much more now than when I first started about 11 months ago. I thought it would be cool to share some shortcuts for other people who are in the same boat as me.
+
+1.When sending a large transaction(everything is relative!), always make a test transaction first. Everybody knows to double-check the wallet address and chain but we’re humans and bound to make mistakes. I’ve messed up my transactions before so now I always do a test (transferring a tiny amount of money first) for big transactions.
+
+2. Bookmark exchange sites to avoid fake sites. People can buy ads so that their copycat site shows up above the real site. This is especially common in google ads. Don't click those ads for exchanges or defi projects!
+
+3. Sites like [CoinMarketCap](https://pasteboard.co/OtGvNYjzTUeV.png) and [DropsEarn](https://dropsearn.com/airdrops/) have a list of free airdrops you can apply for. There are contest/giveaway airdrops and then there are "use our protocol" airdrops. Understand the difference before you get your hopes up. For contest/giveaways you simply need to follow a few social media accounts plus a retweet to qualify.
+
+4.Crypto screener sites can help you find new trading opportunities or confirm whether your positions are strong or not. I like to use [CoinRotator](https://www.coinrotator.app/) because it settles on a position (buy, sell, or hodl) by comparing the coin’s performance against BTC, ETH and USDT. I used it to exit a few of my lucky winners from earlier in the year on AXS and SOL.
+
+https://preview.redd.it/p7t3rsug4ei81.png?width=512&format=png&auto=webp&s=65b3709d10f13c1affad5cc2611d86932f5dc7b6
+
+5. Scams are happening all the time so stay alert always. This [reddit post](https://www.reddit.com/r/CryptoCurrency/comments/quvhd5/are_you_a_crypto_newbie_heres_an_updated_list_of/) I saw a while ago details many of them. These scams can range from someone downloading an old livestream from Coinbase, Apple, Binance, huge huge names, then stream it on their Youtube/Facebook account; to random Redditors dm-ing you saying they were impressed by how smart and knowledgeable your Reddit posts/comments are and they want to work with you.
+
+Some of the tips are probably common sense but who knows. We learn by teaching. Perhaps you have some tips to share with others as well. Not every post needs to be about new coins or calling out scammers. Crypto is an adventure to me and I am enjoying the ride (so far.)
+A part of me wants to live in a cabin in the woods farming, hunting, fishing and another part wants to have a high paying career, have cool toys, and retire early. What is some advice I can get? Not sure what path to take in life or how to find my passion. 
+**EDIT:** *Thank you all very much for the advice, more than I could have hoped for. Those of you with similar situations, thank you very much for your honesty; the experience is invaluable.*
+
+Recently, my parents announced that they had opened an account for my 3-year-old son that will grow $28,000 annually (the maximum non-taxable gift amount between both of them), effectively paying for college and giving him over a half-million dollars to do with as he wishes once he reaches adulthood. Additionally, my father stated that my son (and any additional grandchildren that may come from my siblings or me) will be the "primary benefactors" to his enormous wealth. Which means that there is a strong likelihood that he will have access to tens of millions of dollars when he grows up, if not significantly more. It sounds like their intentions are to make this money available to him at the outset.
+
+How do I teach my son modesty in the face of what's to come? If I don't tell him until he's almost old enough to receive it, he may resent the deception; but if he is made aware of it at a young age, he may develop a superiority complex or even collapse under the weight of the overwhelming circumstances. I don't want to raise someone who thinks he can "have it all" without earning it, but that doesn't change the fact that that is his apparent new reality, at least eventually.
+
+I'm still wrapping my head around all of this, so I apologize if I don't sound very coherent. I'm not sure what kind of advice can be offered, but any input would be greatly appreciated. He's young enough that we have time to carefully consider how we will handle this, thankfully, but it feels like the pressure has suddenly gone up dramatically.
+
+*Edit - corrected the college fund amount, it's $28,000 ($14,000 per parent) annually, not $14,000.*
+There are a few posts out there about problems closing help to buy isa's. I read them before closing mine to prevent any hiccups, however I still got caught.
+
+I called BARCLAYS and clearly said on the phone that I needed  the closing statement to claim my HTB bonus as I am completing on my house next week. From advice in posts I made it clear that they must first get the closing statement and then close the account, as the balance needs to be on the document. 3 days later I get the statement saying balance £0. My conveyancer said they won't accept it and I can't get my bonus! Naturally I was mad as that was 3 years of savings to get a decent bonus wasted and I needed it!
+Again had to ring around several times with barclays to get answers and then luckily the branch I went to were very understanding and sorted it in 24hours. Barclays gave me a letter apologising and stating it was their error. The HTB claim team need this letter to process your bonus.
+So why does this happen?
+The issue is that you must NEVER get Barclays to close your isa account after 5pm or the account will close the day after the money is moved. Barclays are aware of the technical issue and the cashier should get a pop up on their screen saying this. Stop them from processing it!
+To anyone closing an isa you MUST go into a bank and do it. Don't trust the online/telephone banking team. The branch know what they are doing and you get the documents you need straight away (or in 72 hrs)! It's the quickest, pain free way.
+I believe this is mainly an issue with barclays and not the other sensible banks who get it right first time!
+There are a few posts out there about problems closing help to buy isa's. I read them before closing mine to prevent any hiccups, however I still got caught.
+
+I called BARCLAYS and clearly said on the phone that I needed  the closing statement to claim my HTB bonus as I am completing on my house next week. From advice in posts I made it clear that they must first get the closing statement and then close the account, as the balance needs to be on the document. 3 days later I get the statement saying balance £0. My conveyancer said they won't accept it and I can't get my bonus! Naturally I was mad as that was 3 years of savings to get a decent bonus wasted and I needed it!
+Again had to ring around several times with barclays to get answers and then luckily the branch I went to were very understanding and sorted it in 24hours. Barclays gave me a letter apologising and stating it was their error. The HTB claim team need this letter to process your bonus.
+So why does this happen?
+The issue is that you must NEVER get Barclays to close your isa account after 5pm or the account will close the day after the money is moved. Barclays are aware of the technical issue and the cashier should get a pop up on their screen saying this. Stop them from processing it!
+To anyone closing an isa you MUST go into a bank and do it. Don't trust the online/telephone banking team. The branch know what they are doing and you get the documents you need straight away (or in 72 hrs)! It's the quickest, pain free way.
+I believe this is mainly an issue with barclays and not the other sensible banks who get it right first time!
+Part 2 of https://old.reddit.com/r/investing/comments/xdejj1/we_are_100_on_track_to_4_on_federal_funds_rate_in/
+
+I see a lot of posts that say "the Fed can't hike rates above 5% because then the US won't be able to afford to pay the interest on the $30t it holds in national debt" as if the millisecond the interest rate changes, it backdates to all of the debt we've collected over the past years. I don't think that's how it works. I believe the overall national debt was financed at various rates over many years, and the current 2022-2023 "high" 4-6% interest rates would apply to any new debt issued during that timeframe (which we are running at a rate of about $1t a year as of https://fiscaldata.treasury.gov/national-deficit/ unless I'm reading it wrong) 
+
+I'd like somebody with knowledge on the topic to share the truth and inform the many members of this subreddit who are confused, misinformed, wrong, etc. I know it's a complicated situation. Debt refinances itself, rolls over, etc. There is not a black/white right/wrong answer per se, but it does feel like lots of people are overly confident on their own misunderstanding of the concept.
+
+I'd like to hear what people think is the upper limit the federal reserve can raise interest rates to (in an effort to combat inflation) before other things start to break (like people trying to get mortgages, the country being unable to repay the interest payment on its national debt, etc.)
+Good day fellow apes,
+
+I wanted to make a post about the anatomy of a DTCC member margin call and explain why I think the hype in the lead up to this Friday for 002 and the subsequent disappointment today is completely unwarranted and possibly FUD.
+
+**TLDR: NSCC-002 was never intended to be a squeeze catalyst but rather a safety net for the DTCC to prevent members from digging themselves a deeper hole trying to get out of bad trades like Citadel and Co. did in February & March. Citadel's & Co. liquidity is going to get tested again next Thursday.**
+
+The current NSCC-002 liquidity requirements read as follows:
+
+https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-002.pdf
+
+“Under the current Rule 4(A), NSCC performs calculations **on a monthly basis**, no later than the fifth day prior to an Options Expiration Activity Period using activity observed over a 24-month lookback period (defined in the current Rule 4(A) as the “Special Activity Lookback Period”).”
+
+Essentially DTCC members currently only have their liquidity tested once a month right now. The way 002 is currently designed a margin call through the DTCC could only happen once a month.
+
+“On any Business Day between calculation dates, if NSCC observes an increase in its liquidity needs that exceeds a predetermined threshold amount, it may call for an additional deposit from the Member whose increase in activity levels caused (or was the primary cause of) such increased liquidity need (defined in Rule 4(A) as “Special Activity Liquidity Call”).”
+
+Above is what happened to Robinhood in January. The DTCC can on any business day look back at a members 24 months liquidity needs and request supplemental capital to cover off new highs in that members volatility. Robinhood and Melvin were not margin called in January, the DTCC simply asked them for more money because a **METRIC FUCKLOAD** of users we’re trying to buy security on Robinhood and it exceeded their liquidity threshold and Melvin was way too deep in the shorts. They presumably shut down buying knowing it was going to climb into Uranus’s orbit. This is the likely explanation for Citadel’s handout to both organizations.
+
+The purpose of the amended NSCC-002 is simply to change the liquidity test from monthly to daily. Great, doesn’t hurt to keep an eye on things at all times.
+So let’s look at the options expiry dates this year:
+
+Month|	Options Expiry|	Latest Test Date|	$GME Low|	$GME High|
+:--|:-- |:-- |:-- |:-- 
+January|	January 15th|	January 7th|	$15.02|	$19.45|
+February|	February 19th|	February 11th|	$48.22|	$55.32|
+March|	March 19th|	March 11th|	$232.60|	$281.50|
+April	 |       April 16th	|        April 8th	  |      $151.25|	$160.20|
+May	|        May 21st	|        May 13th	 |       ???	      |  ???|
+
+Despite the mass hysteria in January the price difference between their test dates was $19.45 and $55.32. Highly unlikely a margin call would have been put out for any of it’s members but Robinhood and Melvin would have been asked for supplemental deposits due to the peak.
+
+In March I believe we were perilously close to the MOASS. The day prior to the DTCC liquidity test the price hit $348.50 before tanking down spectacularly.  **Without knowing the price threshold for $GME it’s impossible to know how close they were to being margin called. This coincidently is the same time period we begun trending at the max pain threshold (FUCKING COINCIDENCES AMIRITE?). I believe someone long on $GME tried to test the MOASS on March 10th.** 
+
+Now, what the fuck happens now? Well if you’re a TA guy the wedge of our mother of all wedges closes next week around $160/$165. If we use the slope of this wedge as our **POSSIBLE** margin call line then I believe Citadel may be getting dangerously close to a margin call if they haven’t already (CAN’T SOLVE FOR X QUITE YET). If we dig into the DD below a little more then the linear slope for a margin call would suggest the price to get called is $138.61 on May 13th but we cannot validate this because we don’t work for Citadel.
+
+https://www.reddit.com/r/Superstonk/comments/n5trot/i_dont_to_tout_the_horn_without_knowing_anything/
+
+**Now for the fun part.**  If you like confirmation bias and jacking your le tete’s then look no further then the king himself.
+
+https://www.reddit.com/r/Superstonk/comments/n5onlu/dfv_tweet_from_april_15th_people_dont_like_dates/
+I've recently had an idea about a smart contract that everyone could send their ether to, which are then pooled. Those ether can easily be withdrawn from the contract by using a simple withdraw function.
+
+Here's the fun part: When withdrawing, a set percentage (5%?) of your ether would be lost and be shared among all the other hodlers in the contract, proportinally to how much ether they store in the smart contract. This means that whenever someone stops holding, all the hodlers would be rewarded, thus discouraging cashing out and encouraging holding your ether. Due to the nature of smart contracts, no trust in a central entity is needed.
+
+To increase accessibility, I would also create a small website to go alongside the smart contract, that displays all necessary information about the current hodlers and information on how to use it.
+
+I don't want to spend time on this project if nobody would use it anyways, but if I see that you guys are interested in this, I would be happy to do this as a holiday project.
+
+Edit: It was suggested to have the percentage that you lose when withdrawing decrease after a certain amount of time. I would appreciate any feedback on which of these version you would prefer:
+
+1. 5%, no reduction
+
+2. 5% fee, 0% after X amount of time
+
+3. 5% fee, 3% after X amount of time, 1% after Y amount of time
+
+4. 5% fee, decreasing linearly until it reaches 0% after X amount of time
+Please don't blindly shill your bags here. 
+
+I'm looking for genuine discussions on well developed projects based on Ethereum. Something that all Ethereum fans can be proud of and support, regardless of financial motives.
+
+Cheers!
+About 6 months ago, my wife took a new job with an agency in our city that was advertised as a mid-level role that gave her new responsibilities that would help her specialize more in her field. But it ended up being a way harder transition than she ever expected (they basically dumped the whole practice of her discipline in her lap with almost no support) and it's been a rocky few months. She was committed to sticking it out a year and then looking for a new position after that. Or at least that was her plan.
+
+Earlier this week, her boss pulled her into a meeting with HR and said she wasn't meeting their needs currently and offered to either allow her to resign + 2 months salary for severance or she could choose to stay and be put on an official improvement plan, which they'd terminate her if she didn't shortly show improvement. She has until Tuesday morning (first day back from Memorial Day weekend) to decide. I should note, she has about a 10-year track-record in the general industry (we both graduated in 2008) that's been pretty much spotless to date, including having 6 years at her last employer with a glowing recommendation.
+
+By my calculations, the severance would be worth about $10k across two months pre-tax, while our state's unemployment benefits would max out at $16k across 26 weeks, though obviously less if she lines up a job quicker. Looks like it has to be a one-or-the other choice, as if she resigns that would make her ineligible for the unemployment. I should add that we only have our mortgage for debt and I can cover that with my income in the interim if push came to shove, though I would obviously love to avoid that.
+
+I guess I'm just generally torn because I'd like to see her start somewhere with a better environment but would like her to have a safer transition period (2 months seems like a very fast timeline to try and find something new).
+
+Part of me is thankful they're offering the severance, which companies are in no way legally obligated to do, but the cynical side of me thinks they also might just be trying to protect their payroll tax contribution by limiting unemployment claims.
+
+It feels like they're offering her an opportunity to save more face + frame the departure in a better light, but it means less financial stability in the interim. Trading money for pride, basically.
+
+**TL;DR:** *My wife was given an ultimatum of resigning her new-ish job and getting 2 months' severance or quite likely be let go later and be able to collect unemployment. Advice?*  
+
+
+***Update:*** *Some of the commenters were asking, she's not in the medical field, it was a marketing/ad agency. Her previous job was as an individual contributor on a company's in-house marketing & communications department. The current role is as a strategist at the agency (she just didn't realize she'd be responsible for the strategy of all their clients all at once (like 20+), which was a bit overwhelming as she's finding her feet in a new industry).*
+
+*Also, we live in Minnesota for those who were wondering the state unemployment laws, which would allow her to collect unemployment even if she's fired for cause (you're only not allowed to collect if it was for something illegal or highly unethical like stopped showing up to work). My reading of the State Department of Economic Development* [*website*](http://www.uimn.org/applicants/needtoknow/job-separations/index.jsp) *showed the only way she could take the severance AND qualify for unemployment would be under the 'good cause' exemptions--one of which reads:*
+
+>*You were notified that you will be laid-off within the next 30 days and you quit before the lay-off date.*
+
+*I don't think that she'd qualify under that reason because she's just on a performance improvement plan, not being given an actual future termination date (though I would argue there's not a massive difference in practice, but very much so legally speaking).*
+
+*Anyway, thanks for everyone for the comments and things to think about. After a long talk this morning, having had more time to process it all, we're planning on her accepting the severance--as someone said below, once being put on a PIP even if you're not fired it's hard to win back trust and get back on that raise/promotion track. I think a we will ramp down the discretionary spending for the future few months and with any luck with the strong current economy she'll line something else up quickly and the severance will be more like a bonus. Hard process to go through, but luckily we were in a pretty good spot to deal with something like this.*
+As title. If I were to put "X" amount of savings into a broad index ETF like VDHG for retirement, and my Super (HostPlus Balanced Index Fund) offers a similar broad index investment portfolio, does it make sense if I just salary sacrifice that "X" amount and let my Super do the majority of the investing for me? 
+
+Some of the pros including; only getting 15% taxed when withdrawing from Super at retirement age (compare to 30%+ if I invest on my own), less temptation to splurge if I never "see" that money 
+
+Some of the cons including; hard to access that money early if I found other better investment opportunities, the Super's investment portfolio is a bit more conservative, with 17% fixed interested and 8% cash (however, over 10 years they are getting a 8%+ return?? Can someone explain how is it possible to have a return similar to S&P500/ASX 200)
+Maybe I'm dumb or missing something, but I'm extremely confused by their outdated website. 
+
+If I want 4 locksets and deadbolts it'd just be [this](https://i.imgur.com/dzIAkQq.png), right?
+
+What is the comments - multiplier for? And say I come back after ordering and want to buy another lockset and deadbolt to match those 4. How does that work? Or how would they match future orders with the master key I obtain from my first separate order?
+
+And do they really not have a shopping cart/price amount? How would I know how much all this costs plus shipping if they don't display it?
+Of course a  lot has been said on this sub regarding the coming decline of a lot of asset management firms.
+
+Now there will obviously always be asset managers but it seems to me that the firms and people that survive the coming upheaval will primarily be old-timers with a lot of experience.
+
+With all that being said, is it still worth it for a young kid today to be looking to have a CFA charter. This,of course, is a pretty asset management-specific charter though ofcourse you still do learn much about finance and economics in the process. 
+
+
+As the title says I'm in a pretty rough situation. Have a pitch on Monday for 2 stocks and I feel like I'm still about as clueless as I was when I started. The stocks are EQR and SUI, I'm supposed to choose the better one to hold over next 12 months. 
+
+I've spent most of the week understand the industry (REITs and apartment/land leasing) and it's drivers. Can anyone offer some insight? If you had a day and a half to put together a pitch on 2 companies, what would you do? Happy to pay back with beers for your time and help.
+Advice for the past 4-5 weeks have been to wait for the crash, "its coming".
+
+Not just on reddit, but pretty much everywhere theres this large group of people saying "no no, just wait, its going to crash a little more" back in March, to now "no no, just wait, we're in a bull market, its going to crash soon".
+
+4-5 weeks later im still siting here $20k in cash watching the market grow pretty muchevery day and all my top company picks have now recovered and some even exceeding Feb highs.
+
+TSLA up +10% currenly and more than double March lows, AMD $1 off their ALL-TIME highs, APPL today announced mass production delay for flagship iPhones and yet still in growth. Microsoft pretty much back to normal.
+
+​
+
+We've missed out havnt we?, what do we do now?, go all in with these near record highs and just ignore my trading account the the next 5 years?
+Hi folks,
+Have a house in the DC region and couldn’t escape the HOA trap.
+I bought it for 415,000 three years ago and it’s up to 500,000 ( Zillow est ) now.
+I rent it out while I live and work out of town.
+The situation is great, my mortgage is being paid by tenants , but the HOA is needy AF.
+Retired old men who loop the perimeter everyday and can’t wait to find something wrong.
+I’ve put about 8,000 in three years into the outside of the house in fees expenses and material for so many little things. “We see some discolored wood by the roof, are you missing a shingle after the winter, your back fence is discolored where it touches the dirt “
+Often the HOA staff has mentioned they don’t actually know much about construction just that it looks better this way. 
+My tenants leave in 6 months, and I’m contemplating selling the house.
+I’ll only make about 65,000 on it, but the cost, time and effort on the place continue and it’s stressful.
+As this house is 1/3 of my portfolio, am I making a bad emotional decision?
+
+Thank you 
+I've seen some controversial around Meme coins at this sub so I wanted to contribute with hopefully some proper insights about a potential Low Marketcap project: Opacity Storage (OPCT) and why I think this project can really get off the ground.
+
+First off, I know that some of you got burned by Bruno Block back in the Oyster Pearl (PRL) days and so did I. I've lost a lot of money and considered it all gone. Also, I was aware that some team members that worked for Bruno started their own project (Opacity) shortly afther the whole shitshow. They did an airdrop for all the victims and provided us with OPQ.
+
+So fast forward to last year: it's been a while since I checked back on this project. I've found out that there's a swap going on so I decided to take some time to do research about the project (you know, I wanted to know if it was worth the swap). And I must say that I'm pretty convinced for what I'm seeing (lately). Let me sum it up for you and why I think this project has potential.
+
+​
+
+1. A lot of you thought (including me) that the Opacity team were somehow involved with Bruno's scam. I didn't want to get burned twice so I never bought more tokens and I didn't expect anything from my airdropped OPQ anyway. So low expectations, BUT HERE'S WHERE IT'S GETTING INTERESTING: Pretty recently (December 2020), Bruno got arrested and charged with a multimillion-dollar tax evasion scheme. You can read about it here: [https://www.justice.gov/usao-sdny/pr/cryptocurrency-founder-bruno-block-charged-multimillion-dollar-tax-evasion-scheme](https://www.justice.gov/usao-sdny/pr/cryptocurrency-founder-bruno-block-charged-multimillion-dollar-tax-evasion-scheme). BUT WAIT, THERE'S MORE: Even the SEC pressed charges for Self-Minting and Unregistered ICO against BRUNO AMIR ELMAANI. You can read about it here: [https://www.sec.gov/litigation/litreleases/2020/lr24980.htm](https://www.sec.gov/litigation/litreleases/2020/lr24980.htm). So I was wondering... did the OPACITY TEAM had anything to do with this? As you know, I had my suspicions. I did some Googling and found this full indictment that tells the WHOLE STORY in detail (you can read it here (PDF alert): [opacitystora.ge/brunoblock](https://opacitystora.ge/brunoblock)). It turns out that the only people that got involved with his scam were his wife and son. There's no mention in the investigation that the Opacity team had anything to do with this. Ok, great. That's settled, the asshole is behind bars now.  
+
+2. **A new team**. Bill Cordes, the CEO of Oyster that later started Opacity resigned pretty quickly because he didn't want to hinder the investigation (I think, not sure). So Jason Coppola took over. He was a community member since the Pearl days and decided to run for CEO. Recently he hired a new team to work on what he's calling: Opacity 2.0. You can read about it here: [https://medium.com/opacity-storage/the-journey-to-opacity-2-0-starts-now-ac14bc692d5d](https://medium.com/opacity-storage/the-journey-to-opacity-2-0-starts-now-ac14bc692d5d) They cranked up their activity lately and there's a whitepaper release for Decentralization expected this Q1 2021. In the Medium article he's also mentioning new hires. For me it shows they're still confident and are willing to invest in the project. So that's a big GO for me. I also found this article from their new community member Ceres: [https://medium.com/opacity-storage/a-word-from-the-community-manager-why-i-stayed-and-why-opacity-matters-30be9f8cadc8](https://medium.com/opacity-storage/a-word-from-the-community-manager-why-i-stayed-and-why-opacity-matters-30be9f8cadc8) The article is a perfect pitch why someone should buy/use Opacity. I recommend everyone to read it.  
+
+3. So yeah, decentralization of storage will be their focus and the release of a mobile app seems to be on the horizon. I joined their Telegram some time ago and I saw this screenshot come by: [https://imgur.com/a/TSewDqV](https://imgur.com/a/TSewDqV) It seems to be a screenshot of their Mobile app, which means their's some heavy development going on.  
+
+
+Hmm.. I notice this post is getting pretty long. Sorry for that! For me this project is a no-brainer. The only downside I can think of is that they fail to deliver or that their marketing will suck. They have a bad reputation but with the Bruno chapter closed, I think it's a matter of time people will be confident (again) to invest in this project (as long as they deliver). Also sorry for my bad English. I'm not a native English speaker but I wanted to give you some quality content instead of dumb memes I'm seeing in this sub lately. So what do you think of this project? Do you think it has potential? Their marketcap is currently under 1M and there's hardly any selling pressure. OPCT is available at Uniswap and Kucoin.
+
+EDIT1: Formatting  
+EDIT2: Added full SEC complaint (PDF): [https://opacitystora.ge/wbqvdF](https://opacitystora.ge/wbqvdF)
+Hi, let me start by recognizing the following:
+
+​
+
+* There have already been several threads on VIDT on this sub
+* The market cap is \~$15.5m, which is higher than most micro caps discussed (or spammed) here
+* People often "shill" in this sub for quick-flip pump and dumps. This is not that kind of post and you won't see 4x returns in 8 hours
+
+With that out of the way, I will try to briefly summarize why I (long time holder, DCA'd to the bottom, no intention of selling any time soon) believe this has a strong chance to become a Top 25 token, and why that push is already underway.
+
+​
+
+1. USP (basically the elevator pitch): VIDT validates and secures files/data on the blockchain, and does so via an easy to implement API solution. Businesses get the security and and immutability of blockchain without needing to dedicate tremendous time and resources for implementation. That's it. That's the elevator pitch. You can protect and verify data, invoices, files, certificates, etc. At first, it isn't the sexiest thing, because it isn't a chain itself, so there is no talk of ridiculous transaction speeds or unique consensus mechanisms, no technical jargon. But ask yourself: isn't that stuff antithetical to what blockchain really is about? Which leads to the second point.
+2. The beauty is in the simple, elegant service. Due to the nature of what is offered, the oft-discussed pitfalls holding blockchain back from "mass adoption" are far less relevant: things like transaction speed, private key (mis)management, clunky UI, etc don't really apply to what is presently being done with VIDT. It is, in my opinion, one of the most business consumer-friendly, mass-adoptable tokens in all of crypto. That was another segue, because:
+3. They already have clients who regularly use the service, like [AmSpec](https://about.v-id.org/amspec/) (oil and gas), Airbus, Krohne, CMS Law, etc. These clients come from a broad spectrum of industries and have come to rely on VIDT for helping them to defend against fraud. The company has been in **profit** since 2019.
+4. Interoperability - VIDT recently unveiled (out of nowhere, I might add) a new product called DataLink, which focuses on bridging data across all of the major cloud hosting services (AWS, Azure, Zap, etc) and major blockchains including Ethereum, DigiByte, LTO, Waves, Binance Chain, Hyperledger, and more to come. The significance of interoperability is probably clear to anyone who sees where blockchain is going, but to sum it up briefly: the odds of one chain ruling them all are very low, but for blockchain to really be mainstream we need to know that the various chains can "talk" to each other. We also need to make sure that off chain sources can easily communicate with on-chain services. Starting to get the picture? In pure and grounded business terms, we are likely to see most (if not all) of the major chains partner with VIDT as the service grows in popularity and scope. Oh hey, another transition...
+5. Use cases are increasing in scope and ambition, and I absolutely love to see it. VIDT has several projects in the works that have the potential to fulfill a lot of the promise that was envisioned when blockchain started buzzing. IBM is pleased with the progress of their collaboration with VIDT for capturing environmental sensor data for their [Internet of Environments initiative](https://www.ibm.com/easytools/runtime/hspx/uat/public/X0027/PortalX/page/pageTemplate?s=29e46daf5c954f42ac03e2fe2ba22d3e&c=29e46daf5c954f42ac03e2fe2ba22d3e), and this is expected to expand significantly. The VIDT team have also partnered with DigiByte on the Veritas project, which is securing digital identities, particularly for social media. That twitter hack seems relevant, doesn't it? And one of my favorites: VIDT has partnered with Fantom on a project that aims to bring transparency and authenticity to the world of politics by working with the government of Afghanistan, an effort that has been hinted to have a much larger scope than meets the eye. And more scope means more verifications using VIDT, which means more tokens spent! 
+6. Tokenomics are among the best in all of crypto. Seriously. The total supply is under 60m, with just over 43m (75%) already in circulation. Clients pay a fixed fee in fiat, and tokens are used at the equivalent price. This means, of course, that more demand will put pressure on the token price. And yes, if the token price is higher than the fixed rate, less VIDT will be used *per transaction*, but at that point the number of transactions will likely greatly offset that. In addition, there are monthly token buybacks and burns. Yes, every month. It is a relatively scarce (by crypto terms) token that will literally increase in scarcity every single month, regardless of market conditions. The token is divisible by 18 decimal places, so the deflationary process can continue for a very, very long time.
+7. The team is amazing. I saved this for last because as an investor, one of the key indicators in deciding whether something is worth putting my money in (potentially long term) is the team. And I will say it now, there is no team like the VIDT team. These guys are humble but hungry. VIDT is their passion. This is their baby. They communicate regularly via [twitter](https://twitter.com/v_id_blockchain) and the official/news channel on Telegram, as well as on LinkedIn. You can see their faces, you know their names, they're in print, in videos, etc. Always meeting with potential clients, always building new functionality, always working hard. They have this energy because they know they're building something special.
+
+Looking at all that I've written, I have to apologize because I really did try to make this a brief summary. I suppose I'll close with some scattered but bullish thoughts:
+
+There have been roughly 6 straight weeks of news that coincides with [one of the nicest looking charts I have seen](https://www.coingecko.com/en/coins/v-id-blockchain/usd#panel): green on every timeline out to 1 year, all time high and price discovery seem to be within reach. The growth has been steady. Wallet count is over 6,000 and growing. And yet... it seems like most in the crypto space still either haven't heard of VIDT or still have yet to dive into the research. It's still not on any exchange bigger than Kucoin. It is already one of the tokens that sees the most use, and provides a bridge to blockchain for the outside world. Did I mention [they certify diamonds](https://twitter.com/v_id_blockchain/status/1282587675187347457) now?
+
+Considering all of the above (and much more, truly) and looking at some of the garbage that still sits above it in ranking, I really believe that this will be a Top 25 token before too long. The crypto world is starting to wake up to how big this token with a simple little elevator pitch could be, and the real marketwide FOMO doesn't begin until the big name "influencers" start talking about it. So with a $15.5 market cap this is still very much flying under the radar. Maybe the use case isn't sexy. Neither are "oracles," until you ask yourself how many companies could actually benefit from using them. That's the light bulb moment, and suddenly it all makes sense. 
+
+Thanks for your time, always be safe and do your own research.
+First home owner-occupier home loaner here. My offset balance is $300k. My home loan balance is -$320k.
+
+So I'm only $20k away from being "debt free" - I think. My questions relate to when the balances match:
+
+1. Is anything triggered at this point at the bank or do things keep rolling on and I just go into overall positive territory?
+2. Can I just keep increasing the offset balance while keeping the loan? Is this what most people do for some time? Or is this the time to place those funds elsewhere (eg. stocks, investment property, etc)?
+3. Will interest on the loan cease?
+4. Will monthly repayments cease? Or do I cancel this? Can it be cancelled on such a loan?
+
+Apologies for the lame questions. Thanks.
+(**NEW** is above the sections that are new.)
+
+
+First clearing up the unfounded speculation on RCs tweet.
+
+I'm noticing a huge push for a stock split based on "Chop Sticks rythms with Stock Split" and" its 7 to 1 because it was posted at 7:41",  i believe its a shill campign to change the narrative because [GME is unique](https://www.reddit.com/r/GME/comments/okm0lu/gme_the_true_to/?utm_medium=android_app&utm_source=share) because of its small Float/Share Issuance and to try to make it comparable to other shorted stocks). 
+
+[More on why Split's/Reverse Splits do not work for fixing naked shorts](https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/) 
+
+If 🦍s notice a push for interpreting the tweet as a stock split simply ask for a link to some evidence that GameStop/RC is trying to make a Stock Split happen, they won't have any because there is none 
+
+Without further ado Here's a DD on **Units** 🚀🚀🚀🚀
+
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+
+[First what's a Unit](https://www.investopedia.com/terms/u/unitholder.asp#:~:text=A%20unit%20is%20equivalent%20to,purchase%20a%20portfolio%20of%20assets.)
+
+"A unit is **equivalent** to a share, or piece of interest. Unitholders are afforded specific rights that are outlined in the trust declaration, which governs the trust's actions. The most common type of unit trust is an investment vehicle that pools funds from investors to purchase a portfolio of assets."
+
+
+"A unit is **equivalent** to a share" thats the important part of a unit, there's no shares or cash being issued but instead an equivalent like an NFT or Crypto.
+
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+
+[From the beginning of GameStop SEC Filing talking about units for more clarity](https://investor.gamestop.com/node/18346/html#rom50019_13) (scroll up to the top)
+
+"Each unit will be issued under a unit agreement and will represent an interest in two or more other securities registered under this registration statement, which may or may not be separable from one another."
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+[Now to Page 13 which PG-13 is pointing within GameStops SEC Filing](https://investor.gamestop.com/node/18346/html#rom50019_13)
+
+🍗🍗🍗
+
+🚨🚨🚨**NEW!!!**🚨🚨🚨
+
+"The following description contains general terms and provisions of units to which any prospectus supplement may relate. The particular terms of the units offered by any prospectus supplement and the extent, if any, to which such general provisions may not apply to the units so offered **will be described in the prospectus supplement relating to such units**. For more information, please refer to the **provisions of the unit agreement and unit certificate**, forms of **which we will file with the SEC at or prior to the time of the sale of the units.** For information on incorporation by reference, and how to obtain copies of these documents, see the sections of this prospectus entitled “Where You Can Find More Information” and “Incorporation of Certain Information by Reference.”
+
+🍗🍗🍗
+
+"We may issue units from time to time in such amounts and in as many distinct series as we determine. We will issue each series of units under a unit agreement to be entered into between us and a unit agent to be designated in the applicable prospectus supplement. When we refer to a series of units, we mean all units issued as part of the same series under the applicable unit agreement.
+
+**We may issue units consisting of any combination of two or more securities** described in this prospectus. **Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit**. Thus, the **holder of a unit will have the rights and obligations of a holder of each included security**". These units may be issuable as, and for a specified period of time may be transferable as, a single security only, rather than as the separate constituent securities comprising such units."
+
+So the biggest question is what's the unit? What's RC marrying 🦍s beloved stock to?
+
+
+Well the easiest most straight forward answer is the Power to the Players NFT Token(Auto Mod why so mean 🥺, can't link) which has already been minted and the [non cash dividend filing](https://www.reddit.com/r/GME/comments/nw6l55/noncash_dividend/?utm_medium=android_app&utm_source=share) backs that up.
+
+🍗🍗🍗
+
+🚨🚨🚨**NEW!!!**🚨🚨🚨
+
+"In the event of a distribution other than in cash, the **Preferred Stock Depositary** will **distribute property received** by it to the **record holders** of
+depositary shares entitled thereto, **in proportion** to the **number of such depositary shares owned** by those holders, unless the **Preferred Stock Depositary
+determines** that it is **not feasible** to make such **distribution**, in which case the Preferred Stock Depositary may, **with our approval**, adopt a method it
+deems equitable and practicable to effect the distribution, including the **public or private sale** of such **property and distribution** of the **net proceeds**
+therefrom **to holders** of depositary shares"
+
+🍗🍗🍗
+
+Also GameStop is hiring a [new Director of SEC and Financial Reporting](https://www.reddit.com/r/Superstonk/comments/olxepi/gamestop_is_hiring_a_new_director_of_sec_and/) 👀👀
+
+
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+
+Now to Explain/TLDR 
+
+Hedgies are fucked because they won't have the NFTs for the stocks to become Units as only GameStop will issue them as a single security and only for a limited amount of time to add onto existing shareholders. The extra kicker, they won't be able to Naked Short GME anymore because they won't have the NFTs for it, as every share must be a complete Unit after GameStop does this, Jesus my tits and 🚀🚀🚀🚀🚀🚀
+
+
+[Best TLDR](https://www.reddit.com/r/Superstonk/comments/ooxsmd/units_and_how_rc_will_checkmate_shfs/h61vmig?utm_medium=android_app&utm_source=share&context=3)
+
+🍗🍗🍗
+
+🚨🚨🚨**EXPLAIN NEW!!!**🚨🚨🚨
+
+WHEN MOASS?
+
+After unit agreement and unit certificate form is filed (more information will be in the provisions section)
+
+How many Units(NFTs)?
+
+Same as issued shares
+
+Not enough to distribute to every share holder?
+
+GameStop sells NFT to its "Preferred (chosen) Stock Depositary" and Gives a free dividend forces SHFs to pay 🦍s 🍗s before 🚀 and every share is still tracked on the blockchain. Checkmate.
+
+Clarification: They can either cover (MOASS) or they can buy the NFT which will fund Gamestops dividend, when they buy the NFT they are still Naked and Short, so they are obligated to cover the dividends for anything over what Gamestop issued 
+
+🍗🍗🍗
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+
+Now back to speculation on RCs tweet 
+
+[A strong explanation of the Chop sticks pointing to the body of text on Page 13](https://www.reddit.com/r/Superstonk/comments/oo0wo2/deeper_meaning_of_the_rc_tweet/?utm_medium=android_app&utm_source=share)
+
+[an plausible second explanation of chopsticks in the nose](https://www.reddit.com/r/GME/comments/ontjxa/pg_13_the_only_13_page_sec_filing_lately_is_the/h5uyhfi?utm_medium=android_app&utm_source=share&context=3)
+
+"Since Ryan is big on TA, I thought he was referring to the nose engulfing candle stick pattern. This is where 2 candles have the same colour and the second candle engulfs the nose if this first one (4hr chart). It appears to be a reversal which is bullish!"
+
+
+And finally More DD from [another 🦍s](https://www.reddit.com/r/Superstonk/comments/onw3ie/pg13/?utm_medium=android_app&utm_source=share) explaining overstock set the legal precedent of crypto dividend against shortys
+When you’re about to pull the trigger on that new TV, smart speaker or headphones that you don’t actually need just think if you’d be happy to pay full price for it. If yes then great, if no then consider if it really is a deal or just more money being spent on stuff you don’t really need (or want). 
+
+Happy shopping!
+Asking because I've started reading Rayner Teo's Price Action Trading Secrets and he said that expecting a 20% annual return is more realistic that what others advertise. It could be higher, but realistically speaking, that's what you should be looking for.
+
+However, I find it a bit low. I'm not a consistent trader so my opinion is not based on personal experience, but I still think there plenty of room for improvement on that 20% mark.
+
+What are your thoughts?
+I've been trading stocks for \~15 years and options for \~10. I have a full-time job and just do this on the side, but I've seen and tried a lot of stuff.
+
+One of my favorite trading strategies involves selling SPX put credit spreads around 9-10 delta (2-5% OTM), 2 days to expiration. Crazy, right? Yeah, sounds like it. But bear with me while I lay out the nitty-gritty. I like the strategy so much that I've decided to (finally) lay it out in full detail for others to learn.
+
+My inspiration for this started after reading and following Karsten's "Passive income through option writing" from [EarlyRetirementNow.com](https://earlyretirementnow.com/2016/09/28/passive-income-through-option-writing-part1/). He lays out his reasoning and thought process way better than I ever could, so if you like what you see here, go check out his stuff as well for more research and a twist on what I'm doing.
+
+**What I Do**
+
+Every Monday, Wednesday, & Friday, I sell (open) new put credit spreads on SPX that expire at the closest expiration. So, Monday, I sell SPX spreads that expire Wednesday. Wednesday, I sell spreads that expire Friday. Friday, I sell spreads that expire Monday. I hold these all the way to expiration and then open a new position with the next expiration. 95% of the time, these expire worthless and I collect full premium. The other 5% of the time, I suffer a small or large loss. Over the long run, the expected return blows the market out of the water....which leads me to:
+
+**Expected Return**
+
+I've been running this since May 2019 and am averaging something around **150% APY** based on max risk for the spread. It's absurd. Don't believe me? My full trade log is published [here](https://wealthyoption.com/trades), and I update it in real-time. (Yes, that's my website. No, I'm not selling any kind of product/service there. More on that later)
+
+**Risk & Drawdown**
+
+This massive positive return doesn't come without a cost, of course. And if something sounds too good to be true, it usually is. And the cost here is that, yeah, while annual return is a ridiculous 150%, max drawdown can be 100% or more. ***Whaaaaat?!*** Yeah, that's right. While these spreads expire worthless 95% of the time, the other 5% can result in huge losses. These losses can accumulate up to 100% or more depending on the environment.
+
+So this is a guaranteed way to blow up your account, right? Well, it is if you allocate too much capital to it. But if you keep your allocation small (which I do), then a 100%+ drawdown for this one strategy will be a small fraction of your overall portfolio. I personally only allocate about 10% of my total portfolio to this. What that means is that if/when this trading plan suffers a 100% loss, that only represents 10% drawdown for my portfolio, and I can tap into my other investments to "replenish" this trading plan.
+
+These massive losses do happen, but they don't last long. I ran this very strategy through COVID-19 when VIX moved from 13 to 85 in a month, and my max drawdown was "only" about 125%. I reloaded from my other investments, and this put selling strategy recovered and turned green in 2020 before the market itself did...after I went down 125%.
+
+**Pennies, Meet Steamroller, Right?**
+
+Yeah, this is pretty close to the definition of picking up pennies in front of a steamroller. There's nothing inherently wrong with that IF:
+
+1. The pennies that you collect add up to more than what the steamroller takes away
+2. You limit allocation so that when the steamroller hits you, it doesn't destroy you
+
+\#1 - I collect around 2.3% premium per position compared to max risk (spread width). 95% of the time, they expire worthless, so I keep the full 2.3%. The other 5% of the time, I suffer what is usually a large loss, averaging around 20%. Do the math here: 95 \* 2.3 is 220% gain on the wins. 5 \* 20% is 100% loss on the losers. 220% - 100% makes for a very positive expected return...So that takes care of #1. The pennies I collect far outweigh the steamroller when it hits me.
+
+\#2 - I only allocate 10% of my overall portfolio to this. When the steamroller hits me and results in a 100% loss for the strategy, I'm not wiped out. That's only 10% drawdown on my account, which is easy to recover from. This is what so many people miss when talking about the ole steamroller. If you just keep allocation in check, it's *okay* to get hit by a steamroller every now and then.
+
+**Trade Process - Timing & Strike Selection**
+
+The process here is simple. Every M/W/F afternoon, open a new set of put spreads expiring at the next expiration. Monday's position expires Wednesday. Wednesday's position expires Friday. Friday's position expires Monday. My short strike is around 9-10 delta. My long strike is 100-150 points below that. This results in a short strike around 2% OTM in low IV environments and 5% OTM in high IV environments. The long strike will be 5-10% OTM, again depending on IV. It'll be farther out as VIX rises.
+
+You only suffer max loss if the S&P500 drops 5% in a day or two out of absolutely nowhere (VIX < 15), or if S&P500 drops 10% in a day or two ***after*** freefall has already started. In 18 months, and with VIX rocketing to 85 during that timeframe, not once has one of my spreads even seen max loss....I'm sure it'll happen at some point, but if didn't happen in 2020, I'm curious to see when it would happen.
+
+**Why SPX**
+
+* 3 expirations available every week (Monday/Wednesday/Friday)
+* Highly liquid
+* Cash-settled. No underlying given to me on assignment.
+* Low trading fees (for me personally - your mileage may vary)
+* Beneficial tax treatment (60/40% long-term based on IRS 1256 contract straddles)
+* Less "paperwork" to file for taxes. Futures and index options aggregate together on IRS tax forms, eliminating 200 line items from this trading strategy in a year
+
+SPX is awesome.
+
+**Alternatives to SPX**
+
+Some of you may not have access to SPX options. Or your account isn't large enough to be handle SPX options. They are huge. A single contract represents $300k notional. The cash-settlement and risk-defined trades help diminish the impact of size, but it's still a lot of underlying to carry around. /ES (futures) are half the size and should work as well (just be sure you understand fees, assignment, and liquidity first). SPY can also work and is even smaller than /ES. Again, understand assignment of shares and fees. You also lose the tax benefit with SPY. But on smaller accounts, this may be the only viable option.
+
+**More Reading + Full Trade Log and Performance History**
+
+I set up a website dedicated to just this one strategy. It's not an interactive website or anything. I'm not selling anything or pushing a service/newsletter. It's just a place where I can define the strategy in way more detail than I've done here, and also a place where I can maintain a current and updated log of all of my trades and performance history. To learn more about the strategy and see actual trades/performance, check out the website:
+
+[https://wealthyoption.com](https://wealthyoption.com/)
+
+I am ***not*** selling or advertising anything on that site, whether my own stuff or somebody else's. Yes, there's a donate page up there, but that's not why I created the site and not why I posted this. But if you find this, love it, and want to return the favor, there's at least that option.
+
+**Questions / Suggestions**
+
+If you're interested in this but have questions/concerns, fire away. I like to teach people, and I'm here to help.
+
+Or, if you're a pro or tried something like this before and see or know something that I'm missing, let me know that as well. Try to blast holes in my trading plan! I feel good enough about it now to finally share with the masses....but if there are any glaring holes or flaws, I want to know what those are.
+
+**Hope you enjoyed reading!!**
+Hello. I posted on PF but was promptly told that’s it’s better suited here or RA. Hoping to find someone who’s been in similar shoes or can give me advice. My partner and I are both high 6-7 figure earners. We live incredibly modest lives; save most of our income and invest aggressively. We sold one of our cash cow properties recently and have more cash on hand than I’m comfortable with. My spouse reminded me that we need to gift his family cash. We spoke about this a long time ago but the number was more like 30k. Now SO thinks that 100k would be more appreciated and generous. SO is incredibly close with their family while I’m not with mine so I understand that it’s a different dynamic but idk. I feel like it’s a bit much. I don’t like conflict of any sort so I have already transferred the funds and it’s seating in one of my checking but I haven’t told SO as of yet. Hope this is the right place to post. Any advice is appreciated. Thanks!
+I'm seeing a lot of the dApp market charging a 0.7% fee for their services, particularly Radar Relay and Confido.
+
+0.7% fees for a decentralized exchange is fucking insane, and 0.7% fees for a payment processor is even more insane. Generally credit cards charge just shy of 3%. And then there's gas costs. Do you guys think these fees will come down with more competition or is this where we're headed permanently?
+Hoping someone can help me fight this for my mom..
+
+My mom is on a small fixed income, The only income she receives is a small amount from a rental property my father left her before he passed. My sister deposits the income for her using the ATMs at the Huntington Bank. 
+
+On May 29th, she went to the ATM and deposited $620 cash. The machine locked up and kept her card and money with no receipt. She called Huntington on the spot and told them what happened and that there was a line of angry customers behind her because she didn't want to leave the machine. They told her "Its fine, we have a system in place when this happens. Just got ahead and leave and we will file a claim for you", So she left. 3 days later they credited her the money and said they were investigating. **3 WEEKS LATER**, they take the money back and say they had someone open the machine and they did not find any extra cash in there. We filed an appeal and they came back with the same statement. We've asked questions like "when was the machine checked?" (since they didn't come back with their finding until 3 weeks later) and they would not give us any details at all. And they keep asking for a receipt when we told them the machine completely locked up and even took the ATM card, so there is no receipt. She had to be issued a new card..
+
+I have a very hard time believing that a bank can allow any denomination of money to just "Disappear", let alone $620! Can anyone please tell me what i can do to help my mom get this money back? 
+
+TLDR: deposited cash into Huntington ATM and it "Disappeared", no trace of it and the bank is denying our claim.
+Happy weekend all, I hope all are taking a break from the madness to enjoy yourselves after this crazy week. Yesterday was filled with major non-stock related news, so I was wondering if there was possibly some news/ info that was missed. 
+
+ ------------TL/DR++++++
+
+3 new clearing rules relating to risk (NSCC-2021-008, FICC-2021-006, DTC-2021-013), are effective Monday.  The rules have 85% of their information redacted, so I'm calling on wrinkles to have a look at what's left, if they so wish, to share their thoughts.
+
+_______________________________________________
+
+After close yesterday, I saw a link to an interesting video posted by Charlie Vids on YouTube.  It is referencing 3 new rules (NSCC-2021-008, FICC-2021-006, DTC-2021-013) that go into effect Monday July 19.
+
+https://youtu.be/Oa-mbL2g5C8
+
+What I find most interesting about the information is that portions of the rule have been redacted.  Is this normal for rules that have been approved?  It seems odd to me to have portions hidden, however I will admit I have little experience checking these.  The video below is about NSCC-2021-008 specifically, but all 3 filings are similar, and have 85% of the ruling redacted.
+
+https://youtu.be/pCiaO1wQxzM
+
+There was a post last weekend sharing the filings, but it didn't get much traction.  u/BarTPL0 put out a request for an adult, and I'm here to do the same as I'm interested in what effect these could have.  The OP containing the filings is listed below.
+
+https://www.reddit.com/r/Superstonk/comments/ofrhjn/dtc2021013_ficc2021006_nscc2021008/?utm_medium=android_app&utm_source=share
+
+For quick access
+
+https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/NSCC/SR-NSCC-2021-008.pdf
+
+https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/FICC/SR-FICC-2021-006.pdf
+
+https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-013.pdf
+
+A few of the comments mentioned that these rules won't have much effect overall.  As we don't know what information has been redacted, we can largely only speculate on the effects it may have one way or another.
+
+Below is the top comment made by u/JustWingIt070
+
+"They are changing the risk modelling from static to dynamic. They're reducing paperwork and making some edits. The risk models will be more sensitive to intraday events."
+
+I found a description of the framework being updated in the NSCC filing.  
+
+"The Framework sets forth the model risk  management practices that the Clearing Agencies follow to identify, measure,  monitor, and manage the risks associated with the design, development, implementation, use, and validation  of quantitative models."
+
+Also this
+
+"The Framework is maintained by the Clearing  Agencies to support their compliance with the requirements of the Covered Clearing Agency  Standards relating to  model risk management. The Covered Clearing Agency Standards require that the  Clearing Agencies take  a variety of  steps to manage the models that they employ in identifying, measuring, monitoring, and managing their respective credit exposures and liquidity risks,  including that the Clearing Agencies conduct daily backtesting of model performance,  periodic sensitivity  analyses of  models, and  annual validation of models.
+
+ The Framework outlines the applicable regulatory requirements described above, describes the risks that the Clearing Agencies’  model risk management  program are designed to mitigate, and sets forth specific model risk management practices and  requirements adopted by the Clearing  Agencies in  order to ensure  compliance with the  Covered Clearing Agency Standards. These practices and requirements include, among other things, the maintenance of a model inventory, a process for rating model materiality and complexity, processes for performing model validations and resolving findings identified  during model validation, and processes for model performance monitoring, including backtesting and sensitivity analyses. The Framework also describes applicable internal ownership and governance requirements."
+
+While reading, I was reminded of this quote from the DTCC that (likely) references my favorite Stonk, GME.
+
+“The largest deficiency incurred during the quarter was mainly driven by a single security exhibiting idiosyncratic risk.” in regards to their massive margin breach Q1 (3x the previous record)
+
+------------------Speculation/Opinion+++++++++++++
+
+Since rules regarding risk are getting an update starting Monday, and GME has been the driver of significant risk over the first quarter, I think it's reasonable to say these rules relate somehow to the GME situation.  
+
+If deep OTM puts were hiding synthetic short positions, and -005 (or the new risk rules) stop the can kicking, shorts could be forced to close risky short positions which could kickstart the MOASS AND MOAC.  
+
+SR-NYSE-2021-40, which is also effective Monday, makes previous changes permanent in regards to market wide circuit breakers, that may be needed in times of major volatility.
+
+I look forward to reading any thoughts regarding these new rules, hope some wrinkles can help clear some questions up!
+
+Edit: Here is a link to the SR-NYSE-2021-40 post as well.  Also fixed a typo.
+
+https://www.reddit.com/r/Superstonk/comments/olm9en/srnyse202140_new_york_stock_exchange_rulemaking/
+
+Edit 2:  exhibit 3,4, and 5 had been redacted, the omission is "pursuant to17 CFR 240.24b-2".
+
+"17 CFR § 240.24b-2 - Nondisclosure of information filed with the Commission and with any exchange. | CFR | US Law | LII / Legal Information Institute" https://www.law.cornell.edu/cfr/text/17/240.24b-2
+https://www.bloomberg.com/news/articles/2019-04-14/trump-slams-fed-again-says-stocks-should-be-5-000-10-000-higher
+
+Says interest rate hikes have prevented GDP topping 4 percent
+
+President has nominated two loyalists to fill empty Fed seats
+Much $SHIBBY, such presale filled, wow!  #findSHIBBY off to a great start with our 400 BNB hardcap met and a countdown for our launch at 7:00 UTC, June 7.  Join us to discover what the power of DAO can do to help all those down and out disabled doggos in this world. Together we finance their futures!
+
+🐾 Website: [https://shibby.finance/](https://shibby.finance/)  
+🐾 Telegram: [https://t.me/shibby\_finance](https://t.me/shibby_finance)  
+🐾 Twitter: [https://twitter.com/Shibby\_finance](https://twitter.com/Shibby_finance)  
+🐾 DAO: [https://snapshot.org/#/shibby.eth/](https://snapshot.org/#/shibby.eth/)  
+🐾 Github: [https://github.com/shibbyfinance](https://github.com/shibbyfinance)  
+🐾 Contract: [https://bscscan.com/address/0xB1035523a844371C2877f8a3b2F2f8d337403b6F](https://bscscan.com/address/0xB1035523a844371C2877f8a3b2F2f8d337403b6F)
+
+Something is wrong. Shibby has disappeared, and we as the crypto community need to find him and make it right. Otherwise it won’t just be Shibby in trouble... the broadcast from 2042 claims the entire human race will spiral into self-destruction if we don’t act now to #findSHIBBY
+
+WATCH THIS **ACTUAL VIDEO MESSAGE FROM THE FUTURE** TO SEE FOR YOURSELF:
+
+📺 [**https://www.youtube.com/watch?v=olTevkp69\_U**](https://www.youtube.com/watch?v=olTevkp69_U) 📺
+
+🐕‍🦺 **INFO** 🐕‍🦺
+
+🐾 **Listing price**: 630.000.000 per BNB (10% higher than presale price)
+
+🐾 Buy on Pancakeswap after LAUNCH: [https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xB1035523a844371C2877f8a3b2F2f8d337403b6F](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xB1035523a844371C2877f8a3b2F2f8d337403b6F)
+
+Beyond the 70% we're locking in liquidity, the remaining presale funds have been budgeted towards a brilliant targeted marketing campaign including media around the #findSHIBBY story. We have a plan to get Shibby back along with other disabled dogs who are in need. Together we’ll Make Dog Lives Great Again :D
+
+*So what can you do to help?*
+
+We’ve put a bounty out for Shibby that we’ll be paying weekly, with clues to help in the search.
+
+*How can you participate while waiting for clues?*
+
+Post a funny picture, meme, song, poem, or anything that will put the community in the spirit to help #findSHIBBY and get the hashtag trending.
+
+Over the coming months, our search for Shibby will bring us to the brink of our existential dread and back again with the greatest puzzle ever faced by our crypto community.
+
+Help us #findSHIBBY. You’re our only hope.
+Been living in NYC for a while, and have built up a decent sum of money. Not interested in settling down here though, and want to find somewhere a bit cheaper to live. My brothers/sisters also actually want to move, so it's going to be a whole big family event!
+
+The thing is, I have no idea where to actually move or how to choose. The requirement is basically just that it's within a 5 hour drive of NYC, has relatively cheap housing, and has similar-ish weather/natural disasters compared to NY. That's a ton of places though, and I have no good way of picking. Is there really any good way to pick though? I've tried finding some lists online of good places, but every list seems to have different places. I guess that means picking any of them would be fine, but it's a big decision so i'm looking for the best way.
+
+Has anyone here done something like this already? How did you choose? Any good resources for finding a place?
+EDIT:
+I apologize for the formatting. I copied this from a google sheet on my phone. I had it straightened out by line item after copying to Reddit, but when I post it the formatting condenses it again.
+
+NOTE: We just had our inspection and sent a negotiation offer that requires:
+1. They get a licensed contractor to diagnose and repair the seemingly minor foundation cracks.
+2. They repair two leaking water valves
+3. They give $5000 in closing concessions based on the other number of findings and age of roof.
+
+
+Monthly Income	
+Expected Rental Income $ 1,000.00 	
+Laundry	 $ -   	
+Storage	 $ -   	
+Misc.	 $ -   	
+
+Total Monthly Income	 $ 1,000.00 	
+
+
+Monthly Expenses
+Tax	 $ 119.00 
+Insurance	 $ 125.00 
+Utilities	 $ -  
+Electric	 $ -  
+Water/Sewer	 $ 50.00
+lead paint certification 	 $ 10.00
+Garbage. $ -  
+Gas	 $ -  
+HOA fees	 $ -   
+Lawn/snow	 $ 60.00 
+Vacancy	 $ 50.00
+Repairs	 $ 50.00 
+Capital Expenditures (CapEx)	 $ 50.00
+Property Management	 $ -  
+Mortgage	 $ 264.18 
+
+Total Expenses	 $ 778.18 
+
+
+Monthly Cash Flow 
+Income	 $ 1,000.00 
+Expenses	 $ 778.18 
+
+Total Monthly Cash Flow	 $ 221.82 
+
+
+Cash on Cash ROI
+Down Payment	 $ 21,225.00 
+Closing Costs	 $ 7,971.00 
+Repair/Rehab Budget	 $ 5,000.00 
+Misc.(seller credits)	 $ (340.00)
+Price of property	 $ 84,900.00 
+Total Investment	 $ 33,856.00 
+Annual Cashflow	 $ 2,661.84 
+Cash on Cash ROI	7.86%
+Time to recover Investment (yr)	12.7
+Equity after 15 years	 $ 29,508.00 
+Selling costs	 $ 8,000.00 
+Income assuming no appreciation $21,508.00
+Year on year equity return	4.24% 
+Total yearly cash on cash return	12.10%
+Curious if anyone is/has using apps to perform deal analysis. I’ve run the numbers via spreadsheets and don’t have a problem that way but some of the apps out there are a bit cleaner and generate reports/auto populate some data. 
+
+Curious what apps y’all are using and what you find are best free and paid ones. 
+
+Thanks!
+Considering buying an out of state house in cash. Ive only purchased homes through traditional methods  (agents and loans). I'm sure there's a lot of legal steps and paperwork that needs to be done to avoid issues with liens, home issues etc. I know I can get it appraised and inspected, but other than that there's a ton of stuff I know nothing about, or would even know to consider. Would a real estate agent be the right person to hire to help with this? If so, do they get the same commission if they aren't finding a home for you but rather just handling the process? Hoping to get advice. Thanks
+I’m a 39 year old college freshman who is seriously considering leaving the IT world behind and changing careers. My Comp I teacher assigned us a research paper that boils down to “what do you want to be when you grow up”, and I’ve always been sort of fascinated by real estate investment. I’ve bought two houses over the years, and for whatever reason I really enjoy the process of looking for houses and all the minutiae that goes into the transaction. 
+
+That being said, I definitely don’t have the money to do any actual investing at this point, but I’m curious what other kinds of jobs are available in the general field and what people might recommend. I’m still in the early stages of putting this paper together, so I’m still trying to figure out what I do and do not know. 
+
+I’ll say right off the bat that I kind of hate dealing with people, so I’m ruling out a career as a Realtor. I’ve looked into appraisal or maybe even doing something in development, but I think my ideal job would be to basically assist an investor - look at properties, run numbers, deal with paperwork, etc. I have no idea if that’s an actual job though, or how to go about finding such a job. 
+
+Anyway, does anyone have any advice on possible career paths? Or know anyone in Kansas City who needs an assistant?
+
+Thanks!
+What percent of rent should you be paying a property manager if you’re an out of state investor? Will they handle the little stuff like fixing toilets?
+I am fuming right now, but I will try to give you the best information I can.
+
+I was a victim of identity theft (mom opened cards) and I had everything shut down and turn her in to the police. This came at a pretty bad time, because I was in the process of legally changing my name as well. During this process, I had EVERYTHING shut down, Credit cards, Credit Freeze, the whole enchilada.
+
+I faxed my name change and what happened and got everything sorted out. I was shocked to see that one of my credit card agencies sent a NEW credit card to my old address. The person at my old address proceeded to activate it (not my mom's address, my old apartment). 
+
+I called customer support (lol), to solve the problem. I was not only told they cannot close the card, but it will take 7-10 business days to get a new one. I proceeded to file a CFPB complaint and called the agency back. I was then redirected to a new number, which proceeded to redirect me to the old number.
+
+I don't know what else to do other than hire a lawyer, what options do I have? 
+Is anyone else having this problem? When I drill down into my account level, there is zero price movement for anything.. straight up frozen. Tried multiple browsers/devices.. same thing. What's going on?
+
+
+DRS 
+DRS 
+DRS 
+DRS 
+DRS 
+DRS 
+DRS 
+DRS 
+DRS 
+DRS
+So Flight Center is choosing to alienate all future customers by screwing them over the cancellation fee that they are charging. 
+
+I'm not going to waste time arguing about whether they should be charging this, but interested in opinion on my options:
+
+Spent $4600 on 4 tickets to Europe return on Cathay.
+
+Is there a chance Flight Center will go under and I lose all my $$ as an unsecured creditor if I accept a store credit? Should I cop the cancellation fee, or Cathay credit instead?
+
+How bad can it get for the largest travel agent in Aus?
+
+PS Flight Center are a bunch of fuckers and can get fucked.
+Some ads for units include the costs in their listing for example:
+
+Rates
+Body corporate
+Land tax (if rented)
+Water and sewage
+
+But is that all? 
+
+Whats the difference between strata and body corporate fees or are they the same?
+Inflation in Turkey is through the roof, that the ATM operators are now replacing the 00 key with 000 key so that people can withdraw enough currency notes for their regular expenses. 
+
+[000 key installed.](https://preview.redd.it/2fvnz62qjgv71.jpg?width=1080&format=pjpg&auto=webp&s=ac669540b8330ce1aa5db2fb212626783fc2ef37)
+
+The Turkish currency Lira continues to plummet in value, it has lost almost 30% of its value in 2021 alone, and 80% of its value since 2012. In simpler terms, for someone holding Lira since 2012, their money has lost almost 80% of its purchasing power. Such a scenario is unthinkable for most people in advanced industrial economies.
+
+[Dollar vs Lira charts](https://preview.redd.it/ui4b3d1sjgv71.png?width=2650&format=png&auto=webp&s=c1859da8888470d5a9a2b81272708b6546f1d596)
+
+As per the latest central bank policy documents, inflation in Turkey is around 20%, while interest rates are around 18%. Turkey's  debt ratings all remain in junk grade. 
+
+This is what flawed central bankers and terrible economic policy can do to your savings - all your money saved up in bonds and deposits can lose a huge % of value over time. 
+
+Despite their failing currency, the Turkish central bank have ban crypto payments earlier in the year, terming the risks from crypto as "too big". Specifically, they blamed risk of “non-recoverable" losses arising out of the usage of crypto, and banned companies from offering crypto transactions. 
+
+If anyone is facing non-recoverable losses, it is the people who have held on to their Lira.
+According to Robert Schiller, it took only 4 years to recover your money after the crash. This is because the average yield at the time was 14%. So even if share prices were flat for 30 years, reinvesting meant that you recovered your money soon after.
+
+Can anyone confirm if this is true? I find this hard to believe.
+
+If so, couldn’t you accelerate it even faster by selling covered calls as well?
+
+If understood, they tend to perform better than the overall market during flat periods like the depression.
+
+I would think then if you held the dividend aristocrats who already have nice yields, the average yield would be say 15% plus the covered call, I wouldn’t be surprised if you made 20% a year no?
+After reading many articles and situations on how individual accounts got hacked - Phone Carriers(Especially! T-Mobile) are at fault for allowing SIM Card Swamps. The fact these phone carriers never caught on to these hackers is unbelievable. Two authentication is used by so many companies, not just Coinbase. If your own phone carrier allows a hackers to take over your phone with 5 min call and gain access to any account - The Phone Carrier is at fault.
+
+We just recently found out hackers had access to over 101 Million users data at T-Mobile Database. We have no idea how long they have had access to the database. For all we know, they have been using this information to gain access to our personal identification(SSN, Address, Photo ID).
+
+
+You can pray for all the customer service you can imagine but if you can't get to the source of the problem(Phone Carriers) to handle there flawed system, then improving customer service won't mean anything. Source of the problem is phone carriers are handing over and allowing access to your phone. It's not just your coinbase accounts, it's your gmail, company email where your hold private cooperate information. Some how you all you can say this is just a coinbase problem with customer service? wake up, these hackers just don't solely have access to your Coinbase account, they have access to everything!
+
+Part that pisses me off is that these articles try to present bitcoin, eth and all crypto as unsafe asset to hold. Cryptocurrency have only showed how flawed cooperate America software security is. There is a huge lawsuit that needs to be settled to all customers of T-Mobile, Sprint and Verizon when it comes to our Data.
+Palantir Technologies Inc. posted its best week since it went public in September, adding about $17 billion in market value as a broad rally in tech stocks helped fuel gains in the software maker.
+
+Its shares rose 52% since Monday and touched a fresh intraday record at $33.50. The stock lost some of the gains on Friday after Citron Research said in a tweet it was shorting the stock with a $20 target. The company ended the session at $27.66.
+
+Palantir representatives didn’t respond to a request for comment.
+
+“A lot of institutions have probably warmed up to the company and are viewing it as something to hold onto for the long term,” said Wayne Kaufman, chief market analyst at Phoenix Financial Services. “It’s a great software company, and it has a terrific business, a very sticky business, not just with governments but also enterprises.”
+
+Trading in Palantir options also surged this week with average daily volume of call contracts jumping about 250% in the first three days of the week when compared to the prior week. An analysis of open interest shows most of the contracts being opened and closed in the same day, indicating a heavy presence of day traders.
+
+After an initial lackluster performance following its direct-listing stock debut, gains for the Denver-based firm, which sells data-analysis tools, have accelerated after hedge funds, including Steve Cohen’s Point72 Asset Management, reported purchasing the company’s shares.
+
+“Big-data companies have become very important and historically have been excellent stocks. Also, Palantir is benefiting from the pandemic -- tracking cases and analyzing data is right in its wheelhouse,” Kaufman said.
+
+Since starting up in 2003, co-founder and chairman Peter Thiel has helped bankroll the business throughout its long period as a closely held business. Now, the stock has gained nearly 300% since its direct listing. It reported third-quarter losses in its first financial results since going public as compensation costs surged. It did, however, boost its revenue growth forecast for the year to 44%, exceeding the amount analysts expected on average.
+
+“I’d say the days of it trading below $20 are probably over,” Kaufman added.
+
+[https://www.bloomberg.com/news/articles/2020-11-27/palantir-posts-best-week-since-debut-adding-21-billion-in-value?utm\_source=url\_link](https://www.bloomberg.com/news/articles/2020-11-27/palantir-posts-best-week-since-debut-adding-21-billion-in-value?utm_source=url_link)
+So this is a little confirmation bias here.
+
+If the media is saying buy the dip in the overall market you probably shouldn’t. Why? Because the last crash they were saying everything was a buy up until the crash.
+
+Now instead of using that trick again they are saying buy the dip. Why? So the smart money can slowly exit their positions before the bottom falls out.
+
+If the market starts red then turns green retail is buying the dip. Then market tapers off at end of day with some smart money exiting. Then futures tank with smart money exiting and market opens red and retail buys the dip. They will rinse and repeat till the have exited most of their positions.
+
+Buying the dip only works with GME. Why? Because they are caught in their position with the amount of fake and rehypothicated shares in the market. Every time they force it down they send more shares into market. More and more apes buy the dip higher and higher. They can’t get out.
+
+Edit: market starting off red today let’s see if it goes green for a bit then dip at end of day.
+
+Edit: if someone can answer this I would appreciate it. If hedgefunds have branches in other countries can they trade while our market is closed in USA? 
+Example: citadel has branch in Germany or affiliated LLC can they then trade in that market?
+This is another trust me bro post. Another good friend who works at chase bank is being laid off. He works as a loss mitigation mortgage underwriter. They are being told 45 days in advance and being offered severance packages. Now here's where it gets interesting, this means the bank is projecting that their will be alot less people in default on their loans that QUALIFY for a loss mitigation modification. What this potentially means is anyone who could get a modification that is past due has taken it and everyone else is going to start going into foreclosure where the bank takes direct ownership of the properties. 
+
+If anyone is looking for a signal that the mass foreclosures we have been waiting for is coming, this is it.
+
+The banks will break their necks to avoid foreclosing especially in this market because it is so much more cost efficient to have the owners pay on time.
+
+So the fact that the largest bank in the US has finally reached their end of volume in loss mitigation expect a wave of foreclosures. It's really fucked up but I'm getting wet just thinking about all these foreclosed houses that the bank will be DESPERATE to sell to get a rapidly depreciating asset OFF their books.
+
+*edit: for all the people saying don't dance and this does not make them wet.
+
+It makes me wet because I have 145k in yearly income but I am still unable to actually buy a house especially because I'm in Phoenix AZ. When this housing bubble finally cracks I will  be able to buy a house.
+
+Also alot of these loans that are going to go into foreclosure are 2nd homes, investment properties and houses held in LLC'S of failing businesses. 
+
+And in regards to actual single family homeowners all of these people for the most part got amazing modifications going thru the loss mitigation process, the ones who didn't just didn't have enough income to reasonably qualify.
+This is another trust me bro post. Another good friend who works at chase bank is being laid off. He works as a loss mitigation mortgage underwriter. They are being told 45 days in advance and being offered severance packages. Now here's where it gets interesting, this means the bank is projecting that their will be alot less people in default on their loans that QUALIFY for a loss mitigation modification. What this potentially means is anyone who could get a modification that is past due has taken it and everyone else is going to start going into foreclosure where the bank takes direct ownership of the properties. 
+
+If anyone is looking for a signal that the mass foreclosures we have been waiting for is coming, this is it.
+
+The banks will break their necks to avoid foreclosing especially in this market because it is so much more cost efficient to have the owners pay on time.
+
+So the fact that the largest bank in the US has finally reached their end of volume in loss mitigation expect a wave of foreclosures. It's really fucked up but I'm getting wet just thinking about all these foreclosed houses that the bank will be DESPERATE to sell to get a rapidly depreciating asset OFF their books.
+
+*edit: for all the people saying don't dance and this does not make them wet.
+
+It makes me wet because I have 145k in yearly income but I am still unable to actually buy a house especially because I'm in Phoenix AZ. When this housing bubble finally cracks I will  be able to buy a house.
+
+Also alot of these loans that are going to go into foreclosure are 2nd homes, investment properties and houses held in LLC'S of failing businesses. 
+
+And in regards to actual single family homeowners all of these people for the most part got amazing modifications going thru the loss mitigation process, the ones who didn't just didn't have enough income to reasonably qualify.
+For those confused why BUY and HOLD are the investors best strategy - both to stick it to hedge funds and profit - this post is to map this out.
+
+**HEDGEFUND RISK**
+
+First understand what's at risk for the hedge funds.  [According to S3 analytics,](https://www.cnbc.com/2021/01/29/gamestop-short-sellers-are-still-not-surrendering-despite-nearly-20-billion-in-losses-this-year.html) HFs have lost $20B on $GME so far.  Other reports have come out that [hedge funds have lost 15-20% of assets](https://www.bloomberg.com/news/articles/2021-01-28/dan-sundheim-s-20-billion-d1-capital-loses-about-20-this-month#:~:text=Dan%20Sundheim's%20D1%20Capital%20Partners,target%20hedge%20funds'%20favorite%20positions) so far this year.  Using these two numbers we can make an estimate they have $80B at stake here ([Citadel was worth $33B on Jan. 1st](https://www.citadel.com/about-citadel/#:~:text=We%20achieve%20far%20more%20together%20than%20we%20ever%20could%20on%20our%20own.&text=Citadel%20named%20to%20Linkedin's%20Top,as%20of%20January%201%2C%202021) so I believe this to be close).  Because Citadel and Melvin struck a deal, we can assume they are all in this together.  This prevents a [prisoners dilemma](https://www.investopedia.com/terms/p/prisoners-dilemma.asp#:~:text=The%20prisoner's%20dilemma%20is%20a,expense%20of%20the%20other%20participant) for any one of them and makes retail investors battle $80B vs. say an individual worth $2B.
+
+Now let's assume short amount is 100% of float and they have reduced the high debt on Thursday's shady tactics.  This means to calculate daily interest we take:
+
+* 50M shares in float ([according to Fin Viz](https://finviz.com/quote.ashx?t=GME))
+* 25% interest rate = .25/365 = .07%/day
+* Share Price = $300
+
+$300\*.07%\*50M = $10.2M in interest/day.
+
+At $300 share price and $80B in funds as long as they continue to acquire the minimum # of shares needed they can keep this up for ***21 years.***
+
+*So that's their situation.  The question they are asking then is how do we improve our situation and ensure we gather enough shares to keep this going?*
+
+​
+
+**HEDGEFUND GAME THEORY**
+
+Ok so now assume you are a huge asshole that steals from poor people and has no respect for others.  You need ***shares*** and ***you want to exit your position so you can make money elsewhere***\*.\*  How do you do this?
+
+There are three tactics likely:
+
+1.	Settlement
+
+* Let's go back to our shares needed (50M) and value of the hedge funds ($80B).  Dividing that out we see that if they pay $1600/share they would be bankrupt.
+* To avoid bankruptcy but get out they likely will look for government intervention that has them pay $500-$1000/share
+* So how would you do this?  You first use your friends to [convince retail investors that your share is worth less than $1K](https://twitter.com/realwillmeade/status/1355329408194719748).  Retail investors might even have an organization like [SEC say they are protecting us](https://www.nbcnews.com/business/markets/sec-vows-protect-retail-investors-amid-gamestop-frenzy-n1256146) \- after all $500/share is more than retail investors paid.  You then settle behind the scenes with your cronies and come out with PR about how great this is! *(fuckers)*
+* This is their best course of action because retail investors cannot do jack shit against it
+* Edit: As others have pointed out the settlement could be with other hedge funds that own shares, not just government intervention 
+
+​
+
+2A) Test Pricing - Low
+
+* The first test they did was to see if they could scare us.  A [ladder attack](https://www.reddit.com/r/wallstreetbets/comments/l72r36/what_is_a_short_ladder_attack/) costs them nothing.  And if they keep price low enough they don't have to pay out on higher issued options.
+* Clearly the ladder attack was very effective Thursday and Friday up until \~2:30pm (I'll explain why later).  I expect them to use this as needed to keep price in a range
+
+​
+
+2B) Test Pricing - High
+
+* Another strategy is to find a [price cliff](https://www.pricebeam.com/pricingpsychology#:~:text=A%20Price%20Cliff%20can%20be,share%20and%20revenue%20will%20drop).  Essentially they let price run up a bit and hope that everyone sells to lock in profits.  This is more risky and will be used cautiously.
+* However I can't state this enough - **we might see price rise substantially on Monday in hopes that retail investors sell.**
+
+​
+
+3) Work with GME to Issue Shares
+
+* If they think buying is dying down, a share issuance allows them to grab a number of these shares and exit
+* The reason this is not their best outcome is twofold: Retail investors can help subdue with a huge buy attack and GME has little incentive to upset a large portion of retail investors
+* Still, keep your eyes out for this to happen as it will be a pivotal point
+
+​
+
+Well this all sounds good and I need to get back to my yacht.  Let's do some price testing and call up our buddies to solve this in a couple weeks.  This can't go tits up.
+
+*Wrong.  Retail Investors still have the power.*
+
+​
+
+**RETAIL INVESTOR GAME THEORY**
+
+So now you are a smooth-brained ape.  What can you do to stick it to the twats?
+
+​
+
+1.	HOLD
+
+* If everyone holds then HFs can't get shares.  This leads to a long, drawn out fight or settlement.  But guess what - at least the HFs are losing millions of $s a day and unable to screw around with other stocks
+* This benefits the new retail investors because eventually your short-term gains become long-term gains (less taxes)
+
+​
+
+2) BUY
+
+* How do you prevent a wall of selling slowly lowering the price?  You build a wall of buying slowly raising the price!
+* Whether you realize it or not retail investors almost lost Friday afternoon. RIs had two days where buying was diminished (fuck Robinhood) and therefore the ladder attack let HFs set whatever price they needed.  Thankfully retail investors pulled it off in the final minutes (maybe thanks to a whale)
+* If retail investors continue to commit limit order buys to prevent the ladder attack from lowering price AND continue to adjust their limit order buys UP the price will go UP
+* ***This is the most important though - the retail investor must commit to the idea that there is no longer a "dip".***  ***Price is now pre-squeeze and post-squeeze***
+* If they can do this the retail investor wins.  The post-squeeze price will be where most retail investors want to sell (hopefully VERY HIGH) and all shares purchased post-squeeze will make profit
+
+​
+
+3) FIND WHALES
+
+* Anyone named Elon that wants to commit to the cause and also hates short sellers?
+
+​
+
+4) DO IT QUICKLY
+
+* HFs are spending 24/7 trying to find a way out.  The longer RIs let this drag on the longer a settlement is likely
+
+​
+
+**RETAIL INVESTOR WINNING - WHAT TO EXPECT**
+
+Now that we understand that what will winning look like?  Well we have two outcomes:
+
+​
+
+1.	Successful Buy Wall Overwhelms The Shorts
+
+* This could literally happen tomorrow with enough power
+* The price will gamma squeeze, then squeeze, and then game is over
+* Watch for massive market dips
+
+​
+
+2) Retail Investors Own All The Shares
+
+* While unlikely there could be a situation where everyone is HOLDING and shorts can't get their shares
+* A ladder attack will lower the price to get retail investors to sell  - imagine a slow steady drop to $20/share
+* After waiting it out a month or two eventually the HFs fold and a real buy and a real ask will go through at whatever the retail investors deem the share price to be (again hopefully VERY HIGH)
+* EDIT: THIS IS VERY UNLIKELY AND JUST THEORY.  IT WOULD BE HISTORICAL TO SEE 100% OF ALL SHAREHOLDERS NOT PLACING AT LEAST ONE BUY AND ONE LIMIT SELL.
+
+​
+
+**TL;DR**
+
+* Hedge funds want to drag this out waiting for a settlement or retail investors to sell
+* The retail investors best strategy is to BUY and HOLD.
+* A successful retail investor strategy ***eliminates the idea that there is "a dip" to create a buying wall.***  There is only pre-squeeze and post-squeeze prices.
+* A buying wall - supported by a swath of limited order buys - by the retail investor will move price up slowly day after day until this over
+* One well-intentioned whale could end this tomorrow if they really cared
+* Don't be surprised to see a settlement with government or another party come through if this drags on
+
+​
+
+*^(This is not financial advise.  Do your own DD.)*
+
+Two weeks ago I opened twelve 3350-3340 credit put spreads for 2.5, keeping in mind the ER date of 10/23.
+
+Meant to close or roll them out yesterday, missed because I broke a glass on the floor under the desk. Cleaned it fast to get back to it, apparently not well enough as I got a piece stuck in my foot and then the market closed. But I digress... 
+
+Had a chance to close them for a decent profit - about 1.6 this morning. But then I saw the SPY block prints, the premarket activity, call:put ratios etc. Of course I ignored the postponing of ER and the negative talk about prime day and GEX. Thought I was smart and concluded this looks like a green day, so why lose out on $160*12, right? 
+
+... Wrong. Well it was indeed green, until 11am, I reckon. Then sideways, then hell.
+It just didn't make sense to me so I kept holding, even though I had another opportunity to close it at 2:55pm, which I skipped due to similar reasoning - seems like it's going up, power hour, pump before market close, hubris.
+
+Eventually ended up rolling them out before the final smackdown, when $AMZN was around $3300. Silver lining, I guess.
+
+
+**TL;DR:** So to avoid losing $1000 for each 10/16 3350-3340, I ended up having to pay $140 for the great privilege of owning 10/23 **3500-3490**. Idk what I'm gonna do with it next week if we start with multiple red days in a row. 
+
+At the point in which $AMZN was already at $3300, was there anything I could've done better other than to roll it out to a terrible position like that?
+Any other tips on how to be not stupid?
+Hello,
+I hate long walls of text so I’ll keep it concise.
+- I wheel some stocks
+- for csps I make sure that I have enough CASH in my account at all times so I dont have to worry about rolling or taking on margin if assigned (e.g MARA csp 40 strike; and I make sure I have 4k Cash in my account while the position is open)
+- I have lots of options buying power (over 50k) but I feel like I’m underutilizing it and leaving money on the table
+
+Is this too inefficient? How do you guys balance risk/reward?
+
+Thanks!
+I’m a complete newbie at this so please bear with me.
+
+So I own 363 shares of Palantir. *(Edit: cost basis of $24.12)* In the last few weeks it hasn’t been doing so hot, I would assume that now is *not* a good time to begin selling covered calls. (I mean I could...but for very little money)
+
+If it ran up to $30-40 again in a short period of time, would volatility go up making it more profitable to begin selling covered calls?
+
+What strikes/exp would you feel comfortable selling at if it went to $30-40 within a few weeks?
+
+I’m just looking for some insight and advice thank you for losing some brain cells with me.
+As an important note, they're not doing an IPO, but a DPO, which means little share dilution, and no lockup period for insiders. From their Q1 numbers, with [$1.8bn revenue made in one quarter](https://techcrunch.com/2021/04/06/coinbases-monster-q1-in-context/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZWNvc2lhLm9yZy8&guce_referrer_sig=AQAAAGXidHhsOYqffnLwlxqp9TY0vkZD_-s3yCs4MF3T3AmZL8cg-dIBz0Mtc6rnTmAopS0RD1OYpOeyKj4mnc09OhDDjes8W40DH33izB06VYzrkgIU2KWXSl1QTKfvBgBiKJkETFgQtMdUJ5xOiawbI3h2VwQH5Kfdmu8Uh3_ps8js), it looks like an offering of an *actually* profitable company (imagine that!). [Some outlets](https://www.fool.com/investing/2021/04/12/2-reasons-the-coinbase-ipo-is-a-risky-buy/) are still warning against it - it's inherently tied to the crypto market, though I see it as a smart way to play it vs. picking a actual single crypto. What are everyone's thoughts on it?
+
+Also, for the record, share price is expected to be above $300, so when options open CSP's won't be available to us small fries. Relevant NASDAQ article [here](https://www.nasdaq.com/articles/coinbases-ipo-is-next-week%3A-heres-everything-you-need-to-know-2021-04-09)
+I have just started theta related strategies about a few months back and i collected decent premium (ranging from 500+ to 2k per week) with a capital of 58k in the beginning and now at 80k+. Im also using margin of about less than 10% and im prepared to top it up if margin calls happen. 
+
+So the strategies i rely on the most are put credit spreads (PCS), iron condor (IC) and the wheel (CSP and CC). I utilize PCS and IC generally on higher priced stocks like AMZN, TSLA, GS, CRWD. For the wheel i run it on lower priced stocks like PLTR, FUTU, MARA, AAPL, AMD. I usually sell these options 7-28 days out. No particular reason for the less than frequently advised 30-45 DTE, i just like shorter dated options
+
+For the pricing of the PCS and IC, I generally choose .2 deltas and 20 point width of strikes. My max loss is bigger here but i collect larger premiums. Most of the time i do realise if the trade moves against me, i either roll the pcs out another week and try to lower strike if possible, or i sell a call spread against it to kinda make it into an IC. Sometimes i do close early for a loss if i feel that it cannot be managed by rolling or turning it into an IC.
+
+For the wheels i sell the CSP generally at .3 delta. But occasionally i sell ATM puts during red days to take more premium and take assignment if it happens anyway. If i have some margin, i would sell more CSP at .16 or lower delta just to scalp some premium. I rarely get excercised at this point, but i did twice without any issues. For CCs its kinda wierd but i dont really look at delta. I just figure out through some TA or just a number im comfortable selling it at (any suggestions here would be nice too)
+
+So main question here is that ive spoken to a few friends n family and most of them told me whatever im doing is a fluke, its all luck, you cant consistently win. And i found myself unable to argue that whatever im doing is not really a fluke other than proving it with time. So how long do you guys think i have to trade profitably before it isnt a fluke?
+How’s it going thetagang, was doing WSB plays went from 1.8k-12k riding the wave down and bag held losing everything back to 300$. Tired of buying naked calls/ puts hoping for a lottery ticket. I have some money to make a poor mans covered call/puts was just wondering if anyone has any experience doing these? Would it work just like a covered call or CSP? What happens if the stock price goes above your long put or under your long call? Thanks for any advice .
+
+Edit: I have enough money to transfer over and do a play on a more expensive stock like a long call on DIS and sell a weekly or monthly , just curious on what are the risks and rewards anyone has had with this strategy
+Saw the post lamenting tech IPOs as all scams and money burners, just thought I'd share some of the more successful ones in recent times for perspective:
+
+SAIL IPO at $13 now $27
+
+OKTA at $23 now $92
+
+TTD at $27 now $198
+
+TWLO at $26 now $123
+
+ZScaler at $33 now $62
+
+But notice these are all b2b software/cyber security and not consumer facing companies, hence don't get as much hype and or attention until they have already moved.
+
+Just gotta do the due diligence and there are definitely some winners.
+Was wondering if anyone at other firms is experiencing the same. I'm not exactly in finance, more so in financial services, and we just finished with our cuts. They weren't nearly as big as this though.
+​
+
+https://preview.redd.it/2a5t8s1sf7r81.png?width=1023&format=png&auto=webp&s=74f1631db07ed3c4b8cde821ee4b49baefa66f0f
+
+Hello Independent Retail Investors,
+
+As some of you know I have been shouting about the systematic risk that Bank of America is in from their Prime brokerage business and their positions regarding the Gamestop saga. At this time I felt it was time to provide a little update regarding this situation and some underlying mechanisms that are at play.
+
+I want to stress that nothing is financial advice, and I have no idea if/when things will turn south. Again I'm human and I do make mistakes, and if you have anything to support or refute my thesis please share so we can get this right.  
+
+
+​
+
+**BANK OF AMERICA RECAP**
+
+**What we already know:**
+
+1. **BofA is the main Prime Broker for Citadel & 1 of 2 for Susquehanna and will be responsible for closing said positions if they cannot close**
+2. **BofA had a significant Put position to potentially reset FTD/ use for futures**
+3. **No Bank or Hedgefund has/had more GME containing ETFs than BofA**.
+4. **BofA's head of client equity solutions left to join Citadel after the Jan squeeze**.
+5. **\~20% of BofA's locations have not reopened since March 2021**
+6. **Several high-level executives have resigned or have planned to.**
+7. **There is no new purchasing of BAC stock, only selling by their executives**
+8. **In August BofA released a prospectus with the purpose to raise $123 Billion Dollars in liquid assets**
+9. **BofA still has a large securities sold not yet purchased position that has grown over the past year**
+10. **BofA has been significantly increasing their loans to asset managers in 2021.**  
+
+
+  
+**FUTURES:**
+
+It has long been theorized that short positions have been can kicked through the purchase of futures contracts. Although we do not have absolute proof we can see the clues of this mechanism being used.
+
+https://preview.redd.it/4039jjcxf7r81.png?width=2708&format=png&auto=webp&s=e35b0f44638287660f8b0277d084ef807d7fd5ca
+
+Some clues that the short positions are can kicked with future positions are that we see quarterly waves that aline with our predictive price action. Please note that you can choose to roll over your position to the next wave at any time during the cycle. This would also explain the reason for some so-called "Meme" possibles to move in unison with each other in a somewhat predictable fashion. We also see a large volume of DOOMPs that are required to build the basket.
+
+​
+
+**EXAMPLES OF FUTURES BASKETS AND MARING REQUIREMENTS (**[Link](https://www.cmegroup.com/content/dam/cmegroup/rulebook/CME/I/9/9.pdf))
+
+[Example of some futures baskets with their margin requirements. You can find 18 on the CME rule book \(chapter 9\)](https://preview.redd.it/y2nrizc0g7r81.png?width=1060&format=png&auto=webp&s=984f615a44bdfbeeaf9d9299dd7e8fff479b0283)
+
+  
+**FUTURES MARGIN**
+
+I would like to take a minute to explain futures margin. Now when it comes to trading futures margin it is categorically different than trading traditionally on margin. Futures margin is the amount of money that you must deposit and keep on hand with your broker when you open a futures position. It is not a down payment, and you do not own the underlying commodity.
+
+Additionally, there are two different kinds of margins that a market participant should be aware of. Initial margin is the up-front payment, a percentage of the trade price, made prior to a market transaction when purchasing on margin. After the initial margin is met, a market participant is required to keep up the maintenance margin.  This is the amount of equity required to retain an open position.   If subsequently margin equity falls below the maintenance margin, a call must be issued to bring the account up to initial margin.  
+
+
+**WHAT ARE PERFORMANCE BONDS?**
+
+Performance bond requirements are good-faith deposits to mitigate non-financial performance on open positions, acting as an ex-ante risk-based tool to cover potential future exposures. Through CME CORE, a web-based tool, CME Clearing offers full transparency to market participants by giving them the ability to calculate and evaluate performance bond requirements for all products cleared by CME Clearing. CME Clearing permits Clearing Members to deposit performance bonds sufficient to cover their net exposures for their proprietary positions. CME Clearing calculates performance bond requirements for each customer, collecting gross performance bond for the aggregate cleared swap customer account and customer segregated account, for exchange-traded derivatives.
+
+​
+
+**THE RECENT NOTICE OF DISCIPLINARY ACTION** **(**[link](https://www.cmegroup.com/notices/clearing/2022/03/22-ch-2201.html))
+
+https://preview.redd.it/h3xc9985g7r81.png?width=998&format=png&auto=webp&s=4a98ceae91e3c5caa67f1bbbe738909c9ef5af59
+
+**IN-DEPTH RULES BROKEN:**
+
+https://preview.redd.it/fhrolwe7g7r81.png?width=1116&format=png&auto=webp&s=d13aa181361121b575689a4330e2eb381b7e4c92
+
+https://preview.redd.it/wr4j4mb8g7r81.png?width=1258&format=png&auto=webp&s=f07662a799378a0e0591b73b8c5d14b618d0ee02
+
+**CONCLUSION:**
+
+Now I am as smooth-brained as the next guy, and if my interpretation is inaccurate please share your take and I will amend it accordingly. Based on the fine that BofA Securities recently received it seems that they have likely missed a collateral call or failed to maintain their futures margin requirements. It would also seem that they likely have failed to keep a record of their performance bond calls issued.
+
+Cheers!
+
+​
+
+**Past Work/Previous DD**
+
+[Bank of America Quarterly Update. Morgan Stanley has entered the chat](https://www.reddit.com/r/Superstonk/comments/qm9tnr/bank_of_america_quarterly_update_morgan_stanley/)
+
+[Goldman Is A Swaps/Futures Counterparty; Theory Why We Didn't See Volume This Cycle](https://www.reddit.com/r/Superstonk/comments/pqqsz6/goldman_is_a_swapsfutures_counterparty_theory_why/)
+
+[Adam A stock Delayed Memestock Endgame With Their June Share Offering](https://www.reddit.com/user/gfountyyc/comments/p3eo1f/popcorn_stock_delayed_memestock_endgame_with/)
+So my mum told me something tonight which sounds absolutely batshit crazy to me...
+
+She is about to retire and wants to take all of her money out of superannuation and maybe put it in the bank (there was talk of burying it in her backyard too). 
+
+She thinks there are 2 options upon retirement.
+1. Close fund, take money. 
+
+2. Take a "pension" type payment from super. 
+
+She believes if she takes a pension type payment from her super and dies in the not to distant future, then any remaining money in her account will be taken by the super fund, hence why she wants to take it all out and bank/bury it.
+
+Surely this can't happen, and the remaining money would either be a part of her will/estate or go to the nominated death beneficiaries? 
+
+Thanks in advance everyone!
+I work at a big TPA, and a quarter of my time is spent fixing this specific type of operational failure called a missed deferral opportunity (MDO). The biggest correction I've done for this type of operational failure was over $200K.
+
+# What is an MDO?
+
+If your employer doesn't allow you to defer money from your paycheck to put into your 401(k) plan or 403(b) plan, but you are eligible to participate in the plan, they likely owe you money.
+
+There is a subset of the DOL called EBSA that takes this very seriously. If you [call them](https://dol.gov/agencies/ebsa/about-ebsa/about-us/regional-offices), the issue will (eventually) be corrected. However, I recommend speaking to your employer first. If they don't view it as an issue, let them know there are hefty penalties they may have to pay...and the DOL just made them, literally, 10 times worse.
+
+# Common Example of Failure
+
+1. You were not automatically enrolled as intended
+2. You changed your election amounts (e.g. 3% up to 6%), but the change was never made
+3. Your employer keeps saying they will get to it, but they don't. I recommend sending this via email for records, whether or not you speak to them directly.
+4. Someone forgot to start deferring money when you became eligible
+5. HR person went on vacation when you became eligible and there was a delay
+
+# How Much Does My Employer Owe Me?
+
+Your employer owes up to 50% of the amount you elected to defer (i.e. the MDO), and 100% of the match you would have received, plus interest. The MDO + interest are deposited to your account as a qualified non-elective contribution (QNEC), which is 100% vested. The match you would have received + interest, which I will now just refer to as match, is subject to standard vesting requirements.
+
+# Why Am I Only Receiving 50% of My Deferral?
+
+The government views this as a joint failure between employee and employer. You still received the money you were owed, it just wasn't tax-deferred, and now your employer has to pay you twice.
+
+Keep in mind this is my understanding of the government's rationale, and not necessarily my personal opinion on the matter.
+
+# I Told My Employer, But Didn't Receive A QNEC!
+
+This might be correct, but it's very unlikely if you notify them of the issue.
+
+**Example 1 - 0% QNEC**
+
+Your employer must begin correct deferrals by the earlier of:
+
+* the end of the month following the month you notified them of the issue, or,
+* on or before 3 months from the date the error occurred.
+
+They must also give notices to affected participants within 45 days of the date correct deferrals began. This notice must contain specific details, one of which is the amount they will be depositing into your account...and I doubt they will have the calculations completed in that time-frame. However, if they manage to do all that correctly, you are owed a 0% QNEC and 100% match.
+
+Example A:
+
+* Employer notified of issue by you on: 03/09/21
+* Correct deferrals must begin on or before: 06/09/21
+* Employer begins correct deferrals on: 03/30/21
+* Notice must be given on or before: 05/14/21
+* If correction is made and notice is given on or before 05/14/21, you are owed a 0% QNEC and 100% match. Otherwise, see example 2.
+
+**Example 2 - 25% QNEC**
+
+Your employer must begin correct deferrals by the earlier of:
+
+* the end of the month following the month you notified them of the issue, or,
+* on or before the last day of the plan year following the year the error occurred.
+
+They still have to give the notices, so again...it's unlikely for your employer to qualify for a 25% QNEC. However, if they manage to do it all correctly, they owe you a 25% QNEC and 100% match.
+
+Example B:
+
+* Employer notified of issue by you on: 03/09/21
+* Correct deferrals must begin on or before: 12/31/22
+* Employer begins correct deferrals on: 08/30/21
+* Notice must be given on or before: 10/14/21
+* If correction is made and notice is given on or before 10/14/21, you are owed a 25% QNEC and 100% match. Otherwise, see example 3.
+
+**Example 3 - Plan With Auto-Enrollment Feature**
+
+If the plan has an auto-enrollment feature, and you didn't notify your employer of the issue, they have 9 1/2 months to begin correct deferrals. They are still required to supply a notice with 45 days of the date correct deferrals begin. Fortunately, there is a "sunset" on this rule, so it only applies for failures occurring on or before 12/31/2020.
+
+Example C:
+
+* Employer notified of issue by you on: 01/01/21
+* Not eligible for Auto-Enrollment safe harbor (i.e. pay you a 0% QNEC or 25% QNEC), because the failure occurred after 12/31/20
+
+Example D:
+
+* Employer notified of issue by you on: 03/09/20
+* Correct deferrals must begin on or before: 01/15/21
+* Employer begins correct deferrals on: 01/15/21
+* Notice must be given on or before: 03/01/21
+* You are owed a 0% QNEC and 100% match
+
+Example E:
+
+* Employer notified of issue by you on: 03/09/20
+* Correct deferrals must begin on or before: 01/15/21
+* Employer begins correct deferrals on: 01/16/21
+* Notice must be given on or before: 03/01/21
+* You are owed a 50% QNEC and 100% match
+
+**Example 4 - Other Scenarios**
+
+If your situation doesn't fall under any of the example listed above, you are most likely owed a 50% QNEC and 100% match.
+
+# Does It Work For My Plan?
+
+Unless you have some sort of collective bargaining agreement or 457 account, yes, this likely applies to your retirement plan.
+
+​
+
+So...this got a lot longer than I expected, but I'm trying to snipe out questions before you ask them.
+
+​
+
+Edit 1: Changed the opening statement for u/RevolutionaryCat4 and 5 other grumpy people.
+
+Edit 2: Clarifying a couple things.
+
+Edit 3: Thank you for the awards. I was able to afford a monocle for my avatar, and I'm feeling pretty bougie. At this rate, I'm gonna FatFIRE next week.
+Listen guys, 
+
+This is tech. Shit happens. What really matters is the communication of the company.
+
+So much FUD around Binance yet nearly every hour we have been getting updates on what the team is actually doing. They have already reassured us that it has nothing to do with our crypto, so we don't need to worry.
+
+There are exchanges that go down and we hear NOTHING about it. Bitgrail, coinmarkets, Kucoin. All terrible communication. Give Binance a break.
+
+
+What were you going to do anyways? Day trade all your money away? 
+
+EDIT: And now the reduce trading fees by 75% for a bit to compensate. You really cannot ask for anything better than what happened here. This is just the beginning for Binance - imagine how SERIOUS this guys want to be? 
+
+**EDIT2: Their main URL still giving issues. Try us.binance to login. Yes this is legit, you can confirm this on multiple official channels such as twitter, telegram, etc. I just logged in there, everything is fine.**
+Guten Tag to this global band of Apes! 👋🦍
+
+Apes, when I started this week I didn't exactly have a plan for where I was going to go.
+With the world markets being as turbulent as they have been recently, I feel strongly that we are approaching a jolt that could start the MOASS, and that many are not truly prepared for that day.
+While I certainly do not claim a mantle of leadership among this community, I do hope that by writing some words I can inspire introspection that will assist Apes in navigating the days ahead.
+One of the best ways to prepare is to make a plan.
+
+Today, I want you to make a plan for how you will support the MOASS when it begins.
+
+If you recall the days surrounding The Sneeze in January 2021, what do you remember most?
+Did you know what was happening?
+Did you know what you could do to *keep* it happening?
+GameStop stock was trading incredible volumes, much of it driven by emotional responses such as FOMO.
+One of the side effects of being involved in this movement so long is that I am now much less emotional when purchasing shares of GME.
+I continue to buy when the price dips, but the reality is that I have had 'enough' shares tucked away at ComputerShare, and don't truly *need* any more.
+I suspect that the initial wave of FOMO is going to wash past most Apes, but that doesn't mean that we cannot boost it significantly.
+
+Let me take a moment aside to recommend that if you realized during your introspection yesterday that you should simply stay off of Reddit during the MOASS, then you absolutely should stick to that.
+
+However, if you plan to be active in social media during the MOASS, your actions could directly impact the strength of the MOASS as it is amplified by FOMO investors.
+Helping to make the DD accessible, the community inviting, and keep the FUD isolated is going to be critical.
+Consider the ways that you can help.
+Will you wade through a cascade of posts in New?
+Will you direct new users toward DD that can help them become more informed?
+Can you resist the urge to shame investors who are still on RH, and instead give helpful advice?
+
+There will be many new Apes born in the early days of the MOASS, and their numbers will amplify us all.
+Let's prepare to welcome them.
+
+Today is Thursday, June 30th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$120.80 / 114,86 €**  *(volume: 829)*
+- ⬜ 115 minutes in: $120.42 / 114,50 €  *(volume: 551)*
+- 🟩 110 minutes in: $120.42 / 114,50 €  *(volume: 549)*
+- 🟥 105 minutes in: $120.42 / 114,50 €  *(volume: 528)*
+- ⬜ 100 minutes in: $120.42 / 114,50 €  *(volume: 512)*
+- 🟥 95 minutes in: $120.42 / 114,50 €  *(volume: 485)*
+- 🟥 90 minutes in: $120.78 / 114,84 €  *(volume: 402)*
+- 🟥 85 minutes in: $120.88 / 114,94 €  *(volume: 381)*
+- 🟥 80 minutes in: $121.00 / 115,06 €  *(volume: 379)*
+- ⬜ 75 minutes in: $121.23 / 115,28 €  *(volume: 366)*
+- 🟥 70 minutes in: $121.23 / 115,28 €  *(volume: 366)*
+- 🟥 65 minutes in: $121.37 / 115,41 €  *(volume: 358)*
+- 🟩 60 minutes in: $121.42 / 115,45 €  *(volume: 358)*
+- 🟩 55 minutes in: $121.35 / 115,38 €  *(volume: 358)*
+- 🟩 50 minutes in: $121.24 / 115,28 €  *(volume: 357)*
+- 🟥 45 minutes in: $121.17 / 115,21 €  *(volume: 357)*
+- 🟥 40 minutes in: $121.97 / 115,97 €  *(volume: 137)*
+- 🟥 35 minutes in: $122.01 / 116,01 €  *(volume: 137)*
+- 🟥 30 minutes in: $122.17 / 116,16 €  *(volume: 125)*
+- 🟥 25 minutes in: $122.33 / 116,32 €  *(volume: 121)*
+- 🟥 20 minutes in: $122.46 / 116,44 €  *(volume: 147)*
+- 🟩 15 minutes in: $122.79 / 116,75 €  *(volume: 39)*
+- 🟥 10 minutes in: $122.55 / 116,53 €  *(volume: 39)*
+- 🟥 5 minutes in: $122.72 / 116,69 €  *(volume: 39)*
+- 🟥 0 minutes in: $122.81 / 116,77 €  *(volume: 39)*
+- 🟥 US close price: $122.85 / 116,81 €   *($122.40 / 116,38 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.0517. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I’m in a very fortunate spot in life right now. I (31M) am in the process of selling my home for $110,000 and every penny of it is mine as I have no mortgage. Reason for selling is I am currently in a mobile home and am paying monthly rental charges for the land, which if worked out over several years equates to a small mortgage. 
+
+I’d rather put that money towards a mortgage payment so I see something out of it later on in life. 
+
+Right now I am either looking at a home for myself in the $130,000-$170,000 range or possibly something more expensive with a rental for extra income. 
+
+I’m not sure what I should do regarding a down payment on the house. Other than monthly bills, I owe nothing on my CC and have about $25,000 left on my car payment. 
+
+Would I be better off putting down around 60,000-70,000 towards the house and paying off my vehicle and keeping a small amount in the bank/my tfsa? Or paying more towards the house and continue to make car payments. 
+
+Also I may have to rent an apartment for a few months while I find the right house. If I did this I will have about 100k leftover from the sale, what is the best way to invest/spread it out and make a bit of money while I rent?
+I’m in a very fortunate spot in life right now. I (31M) am in the process of selling my home for $110,000 and every penny of it is mine as I have no mortgage. Reason for selling is I am currently in a mobile home and am paying monthly rental charges for the land, which if worked out over several years equates to a small mortgage. 
+
+I’d rather put that money towards a mortgage payment so I see something out of it later on in life. 
+
+Right now I am either looking at a home for myself in the $130,000-$170,000 range or possibly something more expensive with a rental for extra income. 
+
+I’m not sure what I should do regarding a down payment on the house. Other than monthly bills, I owe nothing on my CC and have about $25,000 left on my car payment. 
+
+Would I be better off putting down around 60,000-70,000 towards the house and paying off my vehicle and keeping a small amount in the bank/my tfsa? Or paying more towards the house and continue to make car payments. 
+
+Also I may have to rent an apartment for a few months while I find the right house. If I did this I will have about 100k leftover from the sale, what is the best way to invest/spread it out and make a bit of money while I rent?
+The intelligent investor never stops reading. This is a thread to share articles, books, research papers, newspaper reports, television clips, podcasts, interviews or anything of interest that you are catching on over the weekend.
+
+Are you a starter in investing? Then, here is a list of recommended books:
+
+* Stocks for the Long Run, Jeremy Siegel
+* Learn to Earn: A Beginner's Guide to the Basics of Investing and Business, Peter Lynch
+* One Up On Wall Street: How to Use What You Already Know to Make Money in the Market, Peter Lynch
+* The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments, Pat Dorsey
+* A Random Walk Down Wall Street – The Time–Tested Strategy for Successful Investing, Burton G. Malkiel
+We encourage all our visitors to ask those investing related questions they were always too afraid to ask. This thread will be moderated, to ensure it remains free of harassment and other undesirable behavior.
+
+The members of /r/IndiaInvestments are here to answer and educate!
+
+If you are looking for which brokerage to use, which fund house is more capable and trustworthy, which investing platform to use, which insurance company is reliable etc., you may want to read the reviews for [banking and financial services](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20banking%20services%20and%20products&restrict_sr=1&sort=new), [mutual funds and asset management services](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new), [brokerage products and services](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20Brokerage%20products%20and%20services&restrict_sr=1&sort=new), and [insurance products and services](https://www.reddit.com/r/IndiaInvestments/search/?q=flair_name%3A%22Reviews%22%20%22Reviews%20of%20Insurance%20products%20and%20services%22&restrict_sr=1&sort=new). Generally speaking, there is no best company, or fund, or bank. Answers are always subjective to your personal needs, but those threads a starting point for you to look at what other Redditors have to say about a company, product or service. You, may then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.
+
+**NOTE** If your question is "I have 10,000 rupees, what do I do?" or anything similar. There is no single answer to this question, but we will also need A LOT MORE information if we are to give some sort of answer
+
+* How old are you?
+* Are you employed/making income?
+* How much? What are your objectives with this money?
+* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
+* What are you current holdings? (Do you already have exposure to specific funds and sectors?)
+* Any other assets? House paid off? Cars? Expensive partner?
+* What is your time horizon? Do you need this money next month? Next 20yrs?
+* Any big debts?
+* Any other relevant financial information will be useful to give you a proper answer.
+
+Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!
+
+Previous Threads [Links](https://www.reddit.com/r/IndiaInvestments/search/?q=%22bi-weekly%20advice%20thread%22&restrict_sr=1&t=all&sort=new)
+My Life insurance came with a E-policy account in a depository. Does it make sense to convert my Vehicle insurance and Health insurance to E-policy format as well? Any advantages or disadvantages in this?
+
+
+
+
+The Securities and Exchange Board of India has said that the units of schemes in the process of winding up will have to be listed on recognised stock exchanges. This rule will have to be followed by all open and close-ended schemes. This move by the market watchdog comes after Franklin Templeton Mutual Fund decided to wind up 6 of its debt mutual fund schemes
+
+https://www.sebi.gov.in/legal/circulars/may-2020/circular-on-listing-of-mutual-fund-schemes-that-are-in-the-process-of-winding-up_46689.html
+
+
+AMCs  shall  enable  transfer  of  such  units whichare  held  in  form  of Statement  of Account (SoA) / unit certificates
+
+The  stock  exchange  shall  developa  mechanism  along  with  RTA  for  trading  and settlement of such units held in the form of SoA/ Unit Certificate
+
+This Circular shall come into force with immediate effect. Stock exchangesdesirous of  offering  this  facility,shall  submit  the  detailed  operational  modalities  to  SEBI, within 7days from date of issuance of this Circular
+A year ago, MO came out with a new Index MF to allow investments into the US top 500(S&P 500), wanted to ask your opinions on what you think of it now that one year has passed?
+
+They have had 39.6% growth over last year owing to the fact that they invested when the market was at a historical low and since has risen alot. 
+
+Obviously it's still a young fund, what do you guys think of it? Recently got into investing and have been considering investing into this one, my only other foreign investment is in PPFAS LTE (Parag Parikh) 
+
+One disadvantage is obviously the 0.5% Expense ratio, which seems high for an Index fund, but still considering that US will look to grow, it makes sense to invest and hold onto it for long term?
+
+Thoughts?
+They are popular in US and only last year launched in India.
+
+When you buy an actual property you make money in two ways. Rental income and captial appreciation because of rise in property prices.
+
+But in REIT you may only get benefit of rental income as the company may not be selling the property in future.
+
+What do you think?
+Ask your investing related queries here!
+
+The members of /r/IndiaInvestments are here to answer and educate!
+
+Alternatively, you could [join our Discord](https://indiainvestments.wiki/discord) and seek answers to your queries
+
+If you're looking for reviews on any of these following, follow the links:
+
+- [which bank or brokerage to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20banking%20services%20and%20products&restrict_sr=1&sort=new)
+- [which fund house is more capable and trustworthy](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new)
+- [which investing platform to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20Brokerage%20products%20and%20services&restrict_sr=1&sort=new),
+- [which insurance company is reliable](https://www.reddit.com/r/IndiaInvestments/search/?q=flair_name%3A%22Reviews%22%20%22Reviews%20of%20Insurance%20products%20and%20services%22&restrict_sr=1&sort=new)
+
+Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.
+
+Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.
+
+You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.
+
+**NOTE** If your question is _I got 10k INR, what do I do to get most returns out of it?_, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:
+
+- How old are you?
+- Are you employed/making income?
+- How much? What are your objectives with this money?
+- Do you have any loan, or big expense coming up?
+- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
+- What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
+- Any other assets? House paid off? Cars? Partner pushing you to spend more?
+- What is your time horizon? Do you need this money next month? Next 20yrs?
+- Any big debts?
+- Any other relevant financial information about you, that will be useful to give you an informed response.
+
+Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is **NOT** financial advice, in legal sense of the term.
+
+You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.
+
+[Links to previous threads](https://www.reddit.com/r/IndiaInvestments/search/?q=advice%20thread%20personal%20situation&restrict_sr=1).
+I am generally skeptical of life insurance products but got pitched something that is so super-charged, it piqued my interest and would like to get this sub’s opinions. Here’s how it works. 
+
+You sign paperwork that includes a fairly large life insurance policy (think $50m) and a loan agreement with a bank that lends you enough to make premium over the next twenty years. The cash value can be invested in a limited but attractive group of indexed choices, some with growth multipliers and some with floors. 
+
+The idea is that you super-size the policy using leverage (assuming you have borrowing capacity), your cash value grows tax advantaged at equity-like rates, you borrow tax-free against this cash value later in life, and the death benefit is big enough to cover the loan repayment and inevitable estate taxes. 
+
+Many of my alarm bells are ringing, but would like to hear if any of you have bought or entertained this type of product.
+
+EDIT: a summary for newcomers.
+This is not that uncommon. It has elements of:
+
+PREMIUM FINANCING: where you borrow to make premium +cash balance payments, with the death benefit as collateral. 
+
+INDEXING: rather than a boring blend of bonds that the typical life insurance product provides, the investments here use equities and derivatives to create a floor, but also to juice returns.
+
+TAX-FREE WITHDRAWALS: as with any cash balance insurance product, you can borrow against the policy and not pay cap gains. There is a limit to such draws. But the death benefit eventually pays off such withdrawals. 
+
+PROS: you borrow at low simple interest and let the money compound at equity-like rates inside a tax-advantaged account. 
+
+CONS: you borrow to invest in equities. So, you run market risk. Simulations never run volatile scenarios. These plans are also expensive products with huge commissions to the brokers. When you take an expensive product and scale it up with leverage, your costs are exponentially higher.
+I've been thinking a lot about [this video by John Green](https://www.youtube.com/watch?v=G6egT4fddFc). I think the idea of recognizing when you have enough and being content with that is well trodden, but he covers some really interesting thoughts about the ways that wealth can insulate you from suffering to the point that you stop paying attention to it and that this a net loss for you and for the world. Essentially, enough is too much if you're so comfortable that you can no longer relate to the rest of the world and you stop trying to make it a better place. I don't think this gets covered often enough.
+
+It's also been resonating a lot with my personal life. I grew up poor but by no means destitute, in a large family and on a single parent's income due to divorce for much of my childhood. I was shocked when I went off to a private college and saw the way that richer families lived and spent their money, and took it all for granted. It would never occur to friends that I couldn't do all the social activities with them because I absolutely had to work while studying to supplement the financial aid and already substantial loans I was taking out, even after I had told them repeatedly.  My upbringing was by no means perfect, but it kept me grounded and aware of the huge disparities in society.
+
+Since then, I launched a career as a software developer, paid off my loans, discovered FIRE, and saved up half a million dollars. I have built up security and comfort and I am building towards a future where I don't have to work. I'm on the other side of that divide. I made it. My life is not precarious, and in a lot of ways it is easy and my future as assured as it can be. I am well past the point of CoastFI. 
+
+In the meantime, my family has stayed more or less where they were, or become worse off as they aged and grew their families, and this has become obvious as I visited over Thanksgiving. Two of my older siblings live together and, due to a nasty divorce in progress, are primarily responsible for taking care of a three year old and an eight year old, while both working full time. They are exhausted and haven't had time to deal with anything besides just staying afloat in months, despite lots of help from grandparents, who are also working and struggling in their own ways, and I do not think their retirement is at all assured. Another sibling could barely afford to visit, and only for a short time. Another could not afford the time off to visit at all. I don't know exactly how badly off they are at this point, but with unemployment benefits back down to pre-pandemic levels, I can only assume they are headed back down to just barely getting by, if they are not already there. Their lives are distinctly difficult and precarious, and they have very few options to improve them because they are so busy just treading water. 
+
+I have spent the last few years dealing with my own problems of burnout, exacerbated by the pandemic, but it pales in comparison to what my family is facing every day, and it's far too easy to forget that. Even while I have struggled, I have been working steadily towards my goals, and I have options available. My security and wealth have given me the ability to turn away from the struggles of people I care about, and the pandemic keeping me from visiting while worsening their struggles have made this almost the default. I have to work to make sure I see what is happening. I have made it, but I'm realizing I have, to some extent, left my family behind in the process. I'm not a multimillionaire like John Green is; at this point I can't afford to make sure my siblings and parents are taken care of, and I don't really plan to work long enough to get to that point, even if I could, and it would be too late to make the biggest impact. I have young nieces/nephews and aging parents who are struggling now. 
+
+Seeing this contrast first hand has affected me deeply. I spent hundreds of dollars and days of manual labor during my visit just taking care of things around the house for the siblings taking care of the kids. I have helped them clean up their place, change the locks, get a new ish couch that doesn't permanently smell like cat pee, clear out the ex's junk that they never picked up, fix their internet and broken doors and holes in the walls, and watching kids so they can have a bit of relaxation time. There is much more that could be done given time and money to throw at the problems. 
+
+I don't know yet what the long term implications of realizing how much this contrast has grown are yet. I will weigh it as one of the many factors in determining where my partner and I settle down. I want to be around to give some of my time and money to help improve their lives. I will need to make a point to be more attentive to how they are doing and visit more often, and leave time to help when I can. I'm still digesting what this all means, but this video and my recent experience have shifted my perspective on where I want to end up. I want to intentionally distance myself less from the kinds of suffering I can insulate myself from, and use my security and wealth to try to address some of that suffering. I was already giving to charity, but I don't think that's enough when there's suffering so close to me and I am getting to the point where I have the time and energy and money to make a difference.
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+Hi All,
+
+I have been trading / investing for about 6 years full time.  Since the beginning of this year I have been learning python focusing in DS with the end goal being that it will eventually help with my trading.  
+
+I have recently started to model using categorical ML as a way to group my plays.  Some of the models are coming back in the 66 - 70% accuracy region with decent precision and recall.  The Model's I am building are using KNN, random forest, XG boost, SVM as well as a few other decision tree algos.  I am guessing that these are not going to be the best Algo's I can be using, but it seemed like an appropriate first step into ML.  The issue is that I don't have any domain knowledge or references that point me in the right direction. Which algo's / tech are considered good for stock predictions and which are bad.  I would guess that no fund out there is using KNN to make predictions lol.   
+
+Additionally how or where do I eventually get a grasp of what a good accuracy on a model is?  Is anything over 51% good? Should I not touch anything thats under 80% ... Where did you get a feel for this?  I am making my way through Earnest Chan's Algo Trading book and he mentions that its hard to really judge a Model until you put it to the real test. 
+
+At the moment I am trying to figure out a way for ML to tell me what has been the Ideal signal on an indicator over the last 12 months.  I have some ideas on how to do this, but was wondering if there is a specific algo to find Which signal has consistently lead to higher or lower prices over this time period. 
+
+Thanks!
+
+Edit: Thanks everyone for the responses!
+As per title. Although a bit of background first:
+
+I'm in my mid-twenty, i have worked in sales for 5 years as a sole trader make a cut of what I sold and I loved that, so I always saw that working structure as the best for me.
+
+I am now working in professional services (to keep it vague). 4 months into my new job and I am done.  Don't get me wrong, I think most people my age would be very happy to be where I am  (not bragging but also don't wanna be ungrateful). However, I don't like having a boss, I don't like being told what to do and I don't want to have a base salary as I don't feel pushed to do my best.
+
+I find working with others quite dull as I have my own rhythm and I like to do things my way.
+
+During the pandemic, i started studying cryptocurrencies and stocks and got in love with it. I invested a couple of K that i had saved for an eventual holiday and started following everything closely. At the same time, i started reading about trading strategies and TA.
+
+I just want to make the switch, focus all my energy and attention on this (day trading). I am just looking for your success stories to inspire me and provide me with some sort of a roadmap to understand what steps other successful traders have taken before switching to trading full time.
+
+Thank you to anyone who will take the time to reply.
+
+​
+
+​
+Hi, apologies if this is the wrong sub. My local newsagent/post office is insistent on charging newsagent purchases using the post office terminal and charging as a cash withdrawal - thus the buyer incurring credit card fees if unnoticed. Whilst I understand the concept of paying the newsagent back using cash from the post office, I can’t help but feel something underhand is afoot. Can anybody make sense of the why?
+Reposting this to counter any weekend FUD.
+
+Something I learned in my 30-some-odd years on this planet: ***you can always count on people to protect their own interests***.
+
+ 
+
+Every member of the board of Gamestop has many many more shares than I do, even as an XXXX holder. And for some, a majority of their compensation is in stock. No matter what happens, I can count on them to protect their own money. And in doing so, they protect my money. I have my life savings in this company, and I don't worry about it anymore.
+
+ 
+
+On the flip side, look at another company like Twitter. We know from the recent buyout debacle that the Twitter board owns almost no stock in their company. If I were an investor in Twitter, why would I trust the board to do right by me? We can't afford to be so naive to think that they would look out for me out of the goodness of their hearts.
+
+ 
+
+If they are still buying and holding, I'm still buying and holding. Also DRS!
+About 5 years ago we bought a leasehold flat with 93 years left on the lease for £195k with a c. 30% deposit on a 23 Yr mortgage. In 5 years we've paid about £27k of the capital off so have about £105k left to pay.
+
+Similar properties in my area are now selling for about £250-280k. 
+
+We currently have c. 88years left on the lease, I'm aware it definitely needs to be renewed before it drops to 80 and was wondering if remortgaging to release some equity might be a sensible way to finance that (we have no savings and have been aggressively paying off personal loan and credit card debts with the hope of being short term debt free by December 2021). We also have a 10 year £10k loan to the freeholder to pay off some major works, and really need a new kitchen.
+
+I'm aware that getting into greater debt isn't the best way to deal with debt but i can't see another way to afford a lease increase and believe it (and a new kitchen) would add significant value to the property.
+
+Can someone have a look at these figures and tell me if my thinking makes sense please? Or explain to me like I'm 5 if it doesn't. I don't really understand remortgaging but a couple of people have suggested that we release some equity to fund these things.
+https://finance.yahoo.com/news/why-warren-buffett-buying-amazon-stock-means-traditional-value-investing-is-dead-105858938.html
+
+The financial services industry’s most prominent voice in not overpaying for investments — Warren Buffett — has declared a new type of value investing amid his headline-grabbing purchase of seemingly pricey Amazon (AMZN) stock.
+
+That is this: it’s OK to buy high price-to-earnings multiple companies provided they will change the game at some point in the future. And in turn, the strong company in question could provide shareholders with outsize returns as dominance of a particular industry takes greater hold.
+It’s been about 3 months since my [previous post](https://www.reddit.com/r/financialindependence/comments/9qohfj/35m_32f_no_kids_with_165m_net_worth_semiretiring/) which garnered a fair amount of attention, so I thought I would post an update for those interested.
+
+Thus far, things have gone quite well. One of the biggest developments is my previous employer, who had offered me a lowball contracting rate which I rejected, came back to the table. We agreed on a fair rate and I’ve been averaging about 20 hours/week of work for them, while going on-site a few days per months. I’m very happy with this arrangement and they seem to be as well. In addition, I do about 5-10 hours/week for a former colleague. This feels like a good amount of work per week, and I’m looking to maintain that.
+
+Otherwise, I’ve enjoyed the additional free time. My wife goes on morning walks and I try to join her frequently. When the weather was nice we went hiking once a week. It’s wonderful to go shopping in the middle of a weekday (although stores can still be surprisingly busy). I am very rarely bored. My wife struggles with this more than me. Obviously I am still doing a fair amount of work so that’s to be expected, but I think it’s also our personality types (she has said I’m easily entertained and that’s very true). She has considered either volunteering or finding a part-time job, and I’m supportive of either.
+
+Regardless of this, I think both of us are happier--not hugely, but noticeably. We often comment that even if we’re bored, it’s so much better to be bored at home than stuck at work with nothing to do but having to act busy. I’ve also noticed that I no longer find myself dwelling on the next phase of our lives nearly as much. We had always planned to only stay here a year or two, but I’m not constantly thinking about that next move like I used to. And I guess this is obvious, but there feels like very little difference between weekdays and weekends now (one downside: that wonderful feeling of it being Friday is gone). The days seem to go slower, but since I’m enjoying them more, it’s a good thing.
+
+With the rough stock market, our net worth had declined from ~$1.65m to ~$1.55m, but has mostly recovered. Anticipating this semi-retirement for a while, I had been doing a bont tent for the past few years and our asset allocation was down to ~50/50 stocks/bonds, so it didn’t affect us as much as it could have.
+
+Another thing I’ll mention, which I’m sure is of interest to many here, is health insurance. I was fully prepared for the coverage to be poor, and for it to be a struggle to get much of anything paid for. What I _wasn’t_ prepared for is it being such a struggle just to get signed up! The healthcare.gov website worked pretty well. I knew all the rules and got everything submitted very early on. A few days before the first of the month when my coverage was supposed to begin, I called the insurance company just to confirm everything was ready to go. It was quite a rude awakening when they told me they had no information about my enrollment. Apparently it takes weeks to get that data from the Marketplace. Eventually it did come through, and the coverage was retroactive to the first of the month...but they somehow omitted my wife. It took all the way until the end of the month to get that resolved, and until the middle of the next month for the bill to be correct.
+Im a millenial and I plan on investing heavily with my salary on assets that have more risk and upside than real estate. Im also fortunate enough to get some help from parents, Hopefully i can catch up. How about you?
+Source: https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20201216.pdf
+
+Initial Jobless Claims:
+
+Survey: 1,550,000
+
+Actual: 1,542,000
+
+Prior Week: 1,877,000
+
+Prior Week Revised: 1,897,000
+
+Continuing Jobless Claims:
+
+Survey: 20,000,000
+
+Actual: 20,929,000
+
+Prior Week: 21,487,000
+
+Prior Week Revised: 21,268,000
+
+Total Jobless claims in the last 11 weeks: 42,042,000
+> Virgin Money has suspended thousands of customers’ credit cards without warning, at a time when many households are on a financial cliff edge.
+> 
+> The Guardian understands that as many as 32,000 customers were told by email on Tuesday that their accounts were blocked with immediate effect, and that they would not be able to make further purchases.
+> 
+> The move, which the Newcastle-based bank said was part of routine “affordability checks carried out by a responsible lender”, took many of its customers by complete surprise.
+> 
+> Virgin Money’s timing could not have been worse given that the the six-week Covid-19 lockdown is hitting many families’ finances hard.
+
+https://www.theguardian.com/money/2020/may/06/virgin-money-suspends-thousands-of-credit-cards-with-no-warning
+
+Now it does mention the regulator is going to look into this but I think one way or another, a lot of people are about to be cut off from cheap credit.
+I try to skim through sections that don’t seem important. Does anyone have a fast guide to which parts they look at?
+
+Also, is there an easier source for finding # of shares outstanding/issued?
+This is my analysis of Adobe, hope you like it, it's my first post in this subreddit.
+
+
+Adobe is a business with a big MOAT. They make software for graphic designers, photographers, video editors, ... Software such as Photoshop, Illustrator, Premiere, AfterEffects, ...
+
+The software that Adobe creates are very complex, have hundreds of different functionalities and are integrated into the workflow of its users. Let's take the example of an illustrator who creates digital art and uses Photoshop to make his drawings. This person has been drawing with Photoshop for years, knows and uses hundreds of different features within Photoshop on a daily basis. To use Photoshop he only has to pay a monthly fee (or maybe it is paid by the company he works for) which compared to what he can earn by selling his illustrations is a small fee.
+
+There are free and open source alternatives to Photoshop (and other Adobe software). The illustrator in our example could switch to a free alternative such as GIMP, but making this change will mean hundreds of hours of learning this new software, although he will have most of the features, he will find some missing or he will not like the alternative way of doing it. Since the fee you pay is very small compared to the value you get from Photoshop, it is difficult to make the choice to switch to GIMP. Also Photoshop is a known industry standard, if you are looking for a job, many companies will ask for Photoshop skills instead of GIMP. All this makes users continue to pay for Adobe products and not switch to alternatives.
+
+The same thing that happens with Photoshop happens with the rest of Adobe's software, even though there are free alternatives, there is no strong incentive to switch to them because the learning time is too long.
+
+The world is going digital, that's a fact. Adobe provides tools to work in a digitized world. With its dominant position in the market and protected by a strong learning curve for their different software, Adobe will continue to grow as the world digitizes.
+
+**Recurring revenues**
+
+Years ago Adobe sold licenses for their products, you only had to pay once and you had the software forever. Then they would release a new version with many improvements and you had to buy the new version. They have been moving away from this model to a subscription model, now most of their sales are from subscriptions.
+
+Revenues are recurring and predictable, since Adobe software are essential tools for many professionals, it is difficult for them to stop paying.
+
+**How is the company rewarding shareholders?**
+
+The company has been buying back shares for years. I don't like that they have no discipline and are buying back shares at any price. In the last year they have bought back shares at an average price of $536 per share. Now the stock is trading at $400 and that is not a cheap valuation. Buying the stock at $536 I believe that destroyed shareholder value.
+
+However, the fact that they are buying back shares is a good sign. It demonstrates that the management team is committed to return value to shareholders.
+
+**Conclusion and valuation**
+
+Adobe is a very good company. It has an impressive competitive advantage and a great ability to generate profit. The company is well run. It is growing its revenues year over year. The company returns money to shareholders by buying back shares (although I don't like it when they do it at any price). The company has net cash.
+
+It is a very good business that I would like to have in my portfolio and I would be willing to pay a premium price for it. But I'm not willing to buy it at any price, let's value it.
+
+My valuation method is absolute, I want to know how much money I am going to make on each investment in absolute terms. I usually do a 5-year valuation and calculate what the return will be. Once I get this number I can compare it to other investments and see which ones offer the most potential for appreciation.
+
+The potential return on investment is not the only parameter to take into account. Other factors must be taken into account such as the strength of the business, whether it has a dominant market position, whether it has a lot of debt, ... If we have two investments with the same appreciation potential, the one with less risk will be preferable.
+
+I use conservative numbers in all steps of the valuation, my intention is not to lose money so I apply a very conservative base case.
+
+I have assumed the following growth rates for the company's revenue, which gives me these values:
+
+Growth Rate (%):
+
+* 2022: 15%
+* 2023: 10%
+* 2024: 8%
+* 2025: 7%
+* 2026: 7%
+
+Revenue (B$):
+
+* 2022: 18153
+* 2023: 19968
+* 2024: 21565
+* 2025: 23075
+* 2026: 24690
+
+Assuming FCF is 33.3% of revenue (the average of the last 3 years), I get these values:
+
+FCF(B$):
+
+* 2022: 5990
+* 2023: 6589
+* 2024: 7117
+* 2025: 7615
+* 2026: 8148
+
+Assuming that the money generated year after year is returned to shareholders in one form or another, and assuming a terminal multiple of 20 times FCF, I get a value of approximately $200B for 2026.
+
+Considering that the company already trades at a $200B valuation, this does not seem like an attractive buy to me. To get a 10% yearly return, I would have to buy ADBE now for $125B, about $260 per share.
+I believe that that discovery inc stock presents unique value that short sellers and investors have overlooked.   
+The crux of this write-up hinges on the spinoff and merger with Warner Media, but first I will talk about Discovery inc as a company right now as it stands.  
+Currently they seem to be reasonably priced, trading at a PE of 16.   
+If discovery was just a cable company only relying on traditional advertisement income from their channels I would understand, but his is far from the case.   
+At the beginning of the year they have launched discovery+, a direct to consumer video streaming service.   
+The majority of the content on the platformed is owned by the company themselves, so they do not have to pay licensing fees to other companies, or face the risk of their most popular shows being taken down.   
+The content on discovery+ is unique in that it offers mostly unscripted shows like names from HGTV, Discovery Channel, TLC, Animal Planet, Travel Channel, Lifetime ect... Since launch at the begging of this year they have gained about 18 million subscribers, as a cheap streaming service charging only a few dollars a month.   
+
+
+One risk is that as soon the company merges with Warner Media, it will be in a considerable amount of debt, but management has set goals of repaying most of it quickly. It is estimated to start at 5x leverage, but within 2 years take it to 3x, than long term be at 2.5-3x.   
+Although, there is a lot of competition in the streaming industry, the new company can quickly build a competitive edge with popular shows like Sopranos, Game of thrones, looney tunes, lord of the rings, ect...
+
+The obvious catalyst is the merger with Warner Media Shareholders in Discovery will receive 29% of the new company sometime in mid 2022 when the deal is expected to close.   
+By buying Discovery now, whilst it is trading cheap, when the merger completes, the new company will do very well, and its stock price will reflect that.   
+The new company can compete with services like Disney plus and Netflix, because of its large and recognizable content library. Compared to something like Netflix, the new streaming service will have scripted, non-scripted, sports, news, its a service where there's something for everyone. This catalyst is expected to take a little less than a year to play out, so patience is key if you decide to invest.
+It's not uncommon to see good, or just decent, companies that are overvalued. But what about companies that have very poor fundamentals but they're still way overvalued, or they're stock is inexplicably going up?
+
+
+Do you see this very often?
+Does it seam cheap to you guys right now?
+
+P/E ratio below 5.m
+PEG Ratio 0.4
+
+Price to sales, price to cash flow and price to book all below the industry.
+
+I know it has some debt but am I missing something here? Surely this thing should explode once this bearish sentiment is over? I see more and more young people wearing them as well which can only be a good thing as the brand grows they seems to have somehow captured the market for older and younger people.
+Some people like playing a guitar, some watching Netflix or play video games.
+
+I like researching companies, pretty much love doing it, from financial statements analysis, DCF, 10k and company news.  Also keep reading every piece of book I can get my hands on.
+
+It led to a point where I have many new ideas, it might sounds ridiculous but I have more ideas than money.
+
+I know that buffett is somewhat dislikes diversification since it protects wealth, not building it.
+
+Currently my portfolio is 50% on 5 stocks and 50% are 15 other stocks. About 10% of them are pretty much speculative.
+
+Each of the 90% stocks I carefully researched; Management, financials, moat, intrinsic value, 10k etc.
+
+In contrary to what I believed in the current market, good ideas are actually quite abundant if you know where to look, especially in downtrending sectors over certain periods of time.
+
+I honestly do feel I'm somewhat over diversified. To get into some perspective, I would like to know what you guys think and how many stocks do you own.
+I've study investing about one year. Can senior here judge my knowledge? I just want to double confirm my knowledge is fine.
+
+On not losing money
+Long term just dca into index fund, confirmed won't lose money in the long run, like 10 yrs
+
+On trading
+Trading has 50% of up and 50% of down. Don't trade if you don't have a time of a full time job
+
+On stock picking
+Even full time fund manager don't beat the market, so index fund still the best. But you can still try to pick stocks. Copy great investors pick, pick their top 1 holding from 10 great investors, the odd of beating the market is way higher than your own research, it's just common sense, you have a day job.
+
+On investing on yourself
+I think this is what I called hardest. How to be valuable to get active income coz cash flow is king.
+
+It's simple but not easy, why? Because improving ourselves is hard. How to be emotionally stable and clam, how to delay our gratification, how to not act without reason... All these displine are hard, it's going against human nature. When you look at buffet and munger, they're like athletes, wonderful human being.
+
+What do you think? So the most practical things to do is increase your knowledge and active income, copy, buy and hold!
+Hi Everyone -- I worked for a small family company from 2019 - Aug 2021, when the company closed down and I was laid off. Since then, the owner has kind of vanished, and the company was dissolved on state records.
+
+I have a REALLY bad feeling that I'm not going to get a W-2 from them to file taxes. I have my last paystub though -- will that be enough to file taxes with?
+
+Edited - Thank you all for the advice. Unfortunately there was no external payroll company. Everything was done through some accounting app called Peachtree, but all checks/paystubs/w2s were manually generated and hand delivered each time. 
+
+As they have gone MIA, I'm going to expect the worst, but prepare for my conversation with the IRS. 
+My understanding is even if the purchases were happening off exchange, or in dark pools or anything like that, they’d still be accounted for in the total volume at the end of the day, so the total short volume being above 50% for almost the last 100 days, while short interest remains stagnant, and some days even drops seems impossible.
+
+Are loaned shares counted as part of the volume, and if they aren’t sold short and eventually returned instead, not added to short interest, but still counted as short volume since they were loaned?
+
+I know the data we have is unreliable, but what would cause something like this to occur that doesn’t set it off as strange to people more accustom to the market?
+I know how hard it can be to ask for help, it's easy to feel selfish or maybe greedy. However, keep in mind that many organizations run off grants and they need to be able to "demonstrate a need" for their service to keep that grant going.
+
+Recently a friend told me that their non-profit was going to have to stop offering free transportation to medical appointments because not enough people used the service.  
+
+It is a shame because we live in a very rural area and most medical appointments are a half hour or more away.  With gas prices what they are, it seems like free transpo would be very needed.  They tried all kinds of things to get folks to use their service, but people were very reluctant and always said they'd figure something else out.
+
+My point here is that you could be helping an organization demonstrate there is a need and that organization might keep it's funding because you utilized it.  Maybe they could even get more funding next year.  
+
+So, if you feel funny about using a service -- tell yourself that you are doing for the other folks who need it!
+A few days ago, one of the world's top ten container carriers in terms of capacity filed for bankruptcy. HANJIN Shipping is South Korea's largest shipping company and its fleet consists of over 200 containerships, bulk carriers, and liquid natural gas carriers. 
+
+Basically, HANJIN had applied for debt restructuring from its creditors back in April in order to avoid formal insolvency proceedings. 5 days ago, they filed for bankruptcy protection at the Seoul Central District Court after losing support from its banks. All of HANJIN's vessels are experiencing access issues to ports globally. Ports and other firms (Vessel leasers, longshoreman, pilot associations, stevedores, vessel crew management agencies, vessel crews, etc) are demanding arrears and prepayments before providing services to HANJIN vessels. 
+
+HANJIN Shipping is the world's seventh largest container shipper and represents nearly 8% of the trans-Pacific trade volume for US markets.  By Thursday, three HANJIN container ships were offshore or anchored off the coast of Los Angeles (the US's largest port), a fourth that was supposed to leave remained anchored inside the breakwater. One ship in Singapore has already been seized and as of Friday, 27 ships had been refused entry to ports or terminals around the world.  This number will continue to grow sooner rather than later. Also, the crews aboard these vessels have enough food and fuel for a few weeks, but after that they'll run into humanitarian concerns and can be deserter risks aboard their vessels.  Leaving their vessels and cargo anchored offshore with no oversight.  I imagine this problem will only exasperate as time continues and nobody fills the void.  
+
+When the world market is designed to get goods from point A to point B, on time, at the moment they're needed, what happens now?
+
+It's been reported that the price per container rose from $1,100 to $1,700 from China to the US West coast as a result.
+
+There's been a downward trend in terms of shipping rates due to weaker trade and overcapacity. Basically, the shippers built more and larger vessels that were conceived as cost-effective when freight costs were higher several years ago are no longer cost-effective when shipment fees aren't even covering the cost of fuel for the huge ships.  
+
+These ships, with their cargo, whether onloaded/offloaded or waiting to be, are in a limbo status.  Think Tom Hanks from The Terminal. Nobody wants to touch them because they wont be getting paid for their work.  Right now, there are vessels sitting off coasts with an uncertain future. Cargo worth millions of dollars (hopefully non-perishable), is sitting idle, and manufacturers and consumers will eat the costs.  This could go on for months considering the complex legal hurdles related to dealing with every nation's bankruptcy laws around the world that HANJIN's vessels are currently sitting at or en route to.  
+
+As of Monday, 79 Hanjin ships including 61 container ships and 18 bulk carriers have been denied port access, according to South Korea’s maritime ministry. Hanjin has 141 ships, of which 128 are operating.
+
+Hanjin vessels are currently carrying cargo worth 16 trillion won ($14.5 billion USD) belonging to some 8,300 cargo owners, the Korea International Trade Association said, adding that the carrier has unpaid bills of 610 billion won.
+
+Hanjin Shipping is part of Hanjin Group, which also owns Korean Air Lines Co., the world’s third-largest cargo airline. Korean Air loaned funds to Hanjin Shipping and bought shares in the container line in 2014 to become the biggest shareholder with 33 percent. The group, which also counts airport services, logistics and mineral water among its businesses, is headed by Chairman Cho Yang Ho.
+
+LG Electronics, the world's second largest television manufacturer is one customer of HANJIN that is impacted as HANJIN had previously accounted for 15-20% of LG's deliveries to the US.
+
+HANJIN last year had an impact to the Port of Portland- their ships accounted for 78 percent of the business at Terminal 6, moving 1,600 containers per week, providing about 657 jobs, paying out $33 million in wages per year. They closed their Portland operations last year.
+
+**Points for discussion:**
+
+* Is the house of cards falling?
+
+* Is this a litmus test of the global economy?
+
+* Will my Christmas presents be more expensive this year?
+
+* What happens if more shipping companies go broke (even though so many are nationally incentivized)? 
+
+* Why would the South Korean's let it fail?
+
+Could be a possible shock wave into the markets in the near future.
+
+Curious to know what others think. I am no global trade expert.
+In their current form, crypto games are terrible. At best, most games look like second-rate games from the early 2000s. Shitty graphics, janky controls and animations, devoid of any gameplay of merit and best of all; they have predatory crypto/NFT transactions forcibly reamed into every orifice making them completely unavoidable to playing the game without spending a fortune. 
+
+Why do people play games? I thought it was to have fun? No self respecting gamer wants to play this dogshit. Every one is a cynical attempt at a game rushed out to market by lazy devs and artists devoid of creativity and morals, looking to cash in on the metaverse circlejerk that has, thankfully, died down a bit from last year.
+
+Do these devs actually think these are good games, or are they shamelessly just pumping them out like the 1000s of shitcoins out there? (I suspect its the latter).
+
+For any crypto game to come even close to succeeding with mainstream audiences, it needs the following:
+
+\- MAKE IT FUN TO PLAY. This seems obvious, but the game should be fun. If it's not, it won't succeed further than the bloodsucking yokels that only play these games in the slim hope naïve suckers will join so they can sell their tokens, land or scholarships to, or whatever other predatory items/practices the shitty game has forced into it.
+
+\- CRYPTO/NFT FUNCTIONALITY SHOULD BE A SECONDARY FOCUS. This ties in with making it 'fun' to play. These cash-grabs are plainly obvious to mainstream gamers; it's is why there's such a massive backlash against crypto being forced into games. Most people that actually play games know what makes a game fun to play and will spot a cynical cash-grab a mile off (surprisingly, finance & crypto nuts looking for the next hot speculative asset have nfi and are more likely to fall for these dumb games)
+
+\- IMPLEMENT CRYPTO AS SOMETHING THAT'S NOT REQUIRED TO ENJOY THE GAME, BUT THERE'S A COMPELLING REASON FOR IT TO BE THERE. This ties into the first two points. It's obvious, but no-one is doing it yet. I wonder why?
+
+\- CAREFULLY CONSIDER THE TOKENOMICS. DON'T TIE IT IN WITH A SHITCOIN THAT'S GOING TO 'MOON'. If you want long-term players, carefully implement tokenomics that are designed with a long-term stable economy in mind. You also want the barrier to entry to be low so that anyone can play. Otherwise, it'll be an Axie Infinity where predatory scholarship type-arrangements are set up by whales to 'help' players get into the game (because the average person does not have enough money for the start-up costs). Or it'll moon and turn quickly into a pump & dump that'll die out in a month (a ponzi scheme).
+
+SUMMARY
+
+Crypto games suck and won't become more popular unless they stop being made by arrogant, greedy wankers trying to cash in on the 'metaverse' hype. 
+
+And what the fuck even is the 'metaverse'? It's fucking nothing. It's just an awkward noise expressed from the arse of people who think they know better.
+Since we focus so much on the numbers around here (albeit for good reason!), here's something I was wondering. 
+
+What does your "enough" look like when you describe it without using financial specifics at all?
+
+For example, this
+
+>"1MM NW, 4% SWR, sub-400k ~1500 sqft house with ~7500 sqft lot in LCOL or MCOL area with no mortgage, <1 mile from Main Street, 1 dog, 2 cats, 3-5 chickens, 1 paid off used car, 0 debt, 20hrs/wk volunteering time, 2 budget travel trips per year, $100/month fun money."
+
+could be described without numbers like this:
+
+>"A small, easy-to-maintain home with a good-size backyard for family and pets (a lot of them!). Ideally in an area where we'd be able to use bikes for day-to-day travel - I don't need or want to be in a big city, but I'd like to be near the center of town. I'd spend my time learning new things, traveling, or getting involved locally."
+
+When you "build the life you want" for FIRE - without the numbers - what is it you imagine? 
+
+(Or for those already FIRE'd, what's the "enough" you found?)
+One time I negotiated my girlfriends medical debt down tens of thousands of dollars, and it really did not take much effort at all. Honestly, I was very surprised how this went. Please share any other tips you have in the comments.
+
+This is how I did it:
+
+1. Get the most recent bill or notice 
+
+2. Call the number on the bill, if the debt hasn’t been sold you’ll likely be talking directly with the  collections dept at hospital.
+
+3. Have your story ready, you are officially a salesman now, prepare for the call. Tell them in detail how and why you are so badly struggling to pay. If you are scared, tell them. Be kind to the rep you’re speaking with, try to connect with them emotionally. Use as many non-verifiable facts about your struggle as possible: my mother passed recently, my child is severely disabled, my SO lost their job, I have 0 dollars in my checking, I’m in school full time with debt, I have X other outstanding debts, I had another unexpected medical emergency. Hit them in the heart. 
+
+4. Make it 100% clear that you need relief or no payment can ever be made. The debt will not get paid unless an agreement is made. 
+
+5. Get any agreement or concession made by the debt holder in writing.
+
+6. Do not give them electronic access to your checking 
+
+
+This worked for me and it took 1 day. I called on behalf of my girlfriend because she was honestly too afraid to deal with this, and I think that helped the situation too. One hospital completely wiped out $12,000 in debt, another put her on a $100 a month payment plan in exchange for reducing the debt down to 25% of the original face value of the debt. If it’s a large debt over $10,000 strive to get it reduced to 25% of the debt amount. If it’s a smaller debt, aim to have the debt amount cut in half.
+
+You can do this! These companies would rather have something than nothing.
+Anyone know why this company got so beat up? I thought they had a good reputation. None of their subsidiaries got near as hammered (besides their REIT which owns a bunch of Malls). 
+
+Is this an opportunity?
+https://m.economictimes.com/markets/stocks/news/icici-securities-enables-indian-customers-to-invest-in-us-capital-markets/amp_articleshow/77588326.cms?__twitter_impression=true
+
+No details yet on the brokerage or remittance charges applicable.
+The last couple of years, I have started moving some of my portfolio to companies whose products or vision echoes with my own.  In the broadest sense this is companies who have actively started investing in cleaner energy, working WITH the Indian government on projects that have a greater good (Wabag) or have a really good CSR program (Vedanta) etc. while running the rest of their company well too.
+
+There are some exceptions to this where I've made compromises for economic reasons (Reliance Power, Adani Green, Vedanta) but mostly been happy with whom I've chosen, or avoided (Indiainfoonline) and will avoid (Indiamart, Ola ...). Is there any resource that tracks such companies or funds that are along the lines of green investments, or ethical considerations etc. I know they do in the US, there is an entire wiki about it...but couldn't find one for India.
+
+If there are none, could we start something here?
+
+​
+
+Edit 1:
+
+[**NIFTY ESG**](https://www.niftyindices.com/indices/equity/thematic-indices/nifty100-esg) | [**NIFTY ESG - ENHANCED**](https://www.niftyindices.com/indices/equity/thematic-indices/nifty100-enhanced-esg) **(** Thank you u/shryzel )
+
+[**Quantum India ESG Equity Fund**](https://quantumamc.com/schemes/Quantum-India-ESG-Equity-Fund.html) (Thank you u/abe675 )
+
+​
+
+Edit 2: Please don't recommend the DSP Blackrock "New Energy" fund as it mostly invests in coal and petroleum.
+
+Edit 3: Please share your views on Thematic ***Smallcase i***nstruments like [**Electrical Mobility**](https://www.smallcase.com/smallcase/SCNM_0025) , [**Affordable Housing**](https://www.smallcase.com/smallcase/SCNM_0024) , and [**Smart Cities**](https://www.smallcase.com/smallcase/SCNM_0013)
+Some great news for Indexers, Seems Motilal Oswal is planning to offer a bouquet of Index funds and some of them are much-awaited midcap, small cap, and multi-cap category.
+
+The index funds filed for approval are
+
+1. [Nifty smallcap 250](https://www.sebi.gov.in/filings/mutual-funds/may-2019/motilal-oswal-nifty-smallcap-250-fund_42972.html)
+1. [Nifty Midcap 150](https://www.sebi.gov.in/filings/mutual-funds/may-2019/motilal-oswal-nifty-midcap-150-fund_42971.html)
+1. [Nifty 500](https://www.sebi.gov.in/filings/mutual-funds/may-2019/motilal-oswal-nifty-500-fund_42969.html)
+1. [Nifty Bank](https://www.sebi.gov.in/filings/mutual-funds/may-2019/motilal-oswal-nifty-bank-fund_42968.html)
+
+Some queries I had
+
+1. Are they scrapping [Nifty 250](https://www.sebi.gov.in/filings/mutual-funds/sep-2018/motilal-oswal-nifty-250-index-fund_40220.html) index fund(which was planned last year) and launching these instead? 
+1. Will the small cap and midcap and Nifty 500 index funds suffer from the liquidity issues? How do active funds manage liquidity in their smallcap offerings for example?
+
+Edit: Can't change the post title, Please read Four Index funds instead of three
+The financial year is soon to end (many offices are asking for IT declarations). People are rushing to make ELSS investments and the indices are following their annual trends of surging pre March.
+
+That could probably keep NIFTY up for a while but this seems like a disaster waiting to happen.
+
+A stock market crash is definitely gonna make this slowdown worse.
+
+That being said, the indices are high regardless of the pre March spike. What's your take on this?
+My mother recently visited me this year from the Philippines and had brought some money to deposit in a Chase bank account with the intention of using it when she visited the United States.
+
+Unfortunately the California Franchise Tax Board put a legal order on the funds in her account and claimed she owed $200,000+ in back taxes. She has not lived in the United States since 2012. 
+
+We are trying to reach someone at the California FTB for the past week to resolve the issue but we have not been successful. Does anyone here have any knowledge of how to reach an actual person at the California FTB to resolve the issue? She is retired so there is no way she can pay back that $200,000 in her lifetime, we have been trying to apply for hardship. Thanks in advance.
+
+P.S. not sure how to flair this since it falls under a multitude of issues.
+A lot of 4/20 posts today and thats fine.
+
+Today is likely not the day of the MOASS and thats fine.
+
+Lets just keep expectations within the realm of reality and not get discouraged when nothing happens today.
+
+We try not to hype dates for good reasons.
+For a few years my wife and I have been considering leaving our jobs for some other experiences. And it comes out the company has offered both of us a neat early retirement package. Although we don't need it, it looks like a good exit point.
+
+I told her that we have more than enough -our current yearly expenses are 1.5% of our savings-, but she is a cautious person. She was leaning towards having one of us continue working. 
+
+So we went to check with a financial adviser. He put the numbers in the magic program that gave us a 99% chance of having enough money, even doubling the expenses. I was not very surprised. My wife reaction was: "I retire, you do whatever you want".
+
+I'm a little torn myself. Thanks to financial independence my job has become more comfortable because I work on my terms, and I have chosen some interesting assignments because I could take risks. On the other hand it looks like my job could disappear soon, and a few years of work will make no difference on the quality of the rest of my life.
+
+We want to find some other jobs though, which at 50 years old will not be easy. We will see.
+
+We have done nothing exceptional. We have jobs that pay well (but not crazy well), we spend only on stuff that is important for us, and we like to get value for money.
+Update to my \[last post\]([https://www.reddit.com/r/financialindependence/comments/8yu2vu/military\_couple\_6\_years\_from\_fire\_goal\_update/](https://www.reddit.com/r/financialindependence/comments/8yu2vu/military_couple_6_years_from_fire_goal_update/)).
+
+It's been a year so I figured I should make another update post as the FIRE goal gets closer.  My goal remains to have $2m in net worth plus our military pensions and retire at age 43.
+
+**Current Ages:**
+
+* Me: 38yrs
+* Wife: 36yrs
+* Kid 1: 6yrs
+* Kid 2: 3yrs
+
+**Income:**
+
+* Me: $137k  (Up $12k compared to last year due to a promotion)
+* Wife: $119k  + $15k bonus for one more year
+
+**Rental Property:** $1850/mo rent, $185 management fee, $1367.68 mortgage, $90 HOA. This ends up being an extra $200 in cashflow with $850 of the mortgage payment going to principle or a net $1050/mo. We owe $41.5k (3.25%) on the 15 yr mortgage and the house is worth about $290k. (Purchase price: $215k + $20k repairs/improvements).  Continuing to pay the mortgage as scheduled results in paying off the mortgage when we retire.  I just dropped the rent $50 to lock the tenant into a 2 year contract.
+
+**Savings:** Both wife and I max out our tax deferred savings options. We also put $27.6k/yr into the taxable brokerage account, Traditional TSP ($19k/yr each), college funds ($4k/yr), cash savings (12k/yr), and Roth IRA ($6k/yr each). Total annual savings is $93,600 when I add everything up. The vast majority of these investments are in extremely low cost index funds.  The only change to this over last year was a move of my emergency fund cash to a high yield savings account offering 2.1% interest.
+
+**Current balances:**
+
+* TSP (gov’t 401k): $684k  (66k increase, 29k gains, 37k contributions)
+* Roth IRAs: $226k  (70k increase, 20k gains, 11k contributions)  226
+* Taxable brokerage account: $194k  (29k increase, 27k contributions)  I swiped $22k from here for a new car down payment
+* Emergency fund: $15k (swiped some cash from here too for the new car)
+* Checking: $15k
+* Kid 1 ESA: $21k (4k increase, 2k gains, 2k contributions)
+* Kid 2 ESA: $10.5k (3k increase, 1k gains, 2k contributions)
+
+~~Still have the same 2 cars (2008 and 2013), decided not to upgrade to a bigger model with the second kid.~~  Upgraded to a new 3 row 2020 Explorer ST.   I spent about $60k on this financing $25k @ 2.75% over 4 yrs.  I wanted to just pay cash, but figured I'd split the difference as the 2.75% rate is pretty low compared to keeping that money in the market.  This way if the market goes up, I feel good.  If the market goes down, I feel good about it since I pulled out money when it was high to pay off half the car.  It's putting myself in a win-win situation mentally.   I thought about this car purchase for a long time and it really boiled down to it not impacting my FIRE goals/timeline.  We're pretty frugal and this is definitely twice if not more expensive than what we need.  But, it's really really nice (400 HP) and not as expensive as some of the other luxury models.
+
+**Life insurance:** No change in policies, $145/mo combined for both our policies.  We each have $1m which will drop in half to $500k/each when we retire and the work insurance goes away.  The $500k policies are 30 year term that take us to around age 63.  I figure with $1M insurance and $2M assets, the kids will be taken care of just fine.  
+
+We currently plan to opt out of the survivor benefit plan.  The simplified math of SBP would cost 6.5% of our pensions and would pay the spouse 55% of their pension if they died.   It's not a bad deal and it's inflation adjusted.  The premiums stop after 30 years, but the coverage continues.   I'd prefer to just not have either of us die and keep the $600/mo.  I still need to do some thinking on this.
+
+**Expenses:**
+
+No major changes to expenses other than the addition of a car payment (580/mo).  I might add a bi-weekly cleaning service, but don't see any big costs anytime in the near future.
+
+* Fixed expenses (mortgages, day care, insurance, utilities, etc): $8743/mo
+* Fixed savings: $7716/mo
+
+Extra money left in checking account each month is about $3-4k.  That funded a new roof, cutting down some trees, trips, and extra debt payments/savings contributions.  I could be more disciplined with that, but honestly we're pretty frugal and generally don't spend much on random things.  In our fixed expenses we allocate money for eating out and entertainment.
+
+**Historical Actual Net Worth (updated):**  [https://i.imgur.com/RduzDlc.jpg](https://i.imgur.com/RduzDlc.jpg)
+
+* 2012: +$130k
+* 2013: +$194k
+* 2014: +$110k
+* 2015: +$39k
+* 2016: +$177k
+* 2017: +$247k
+* 2018: +$102k
+* 2019: +$212k year to date
+
+**Historical Actual Debt (updated):** [https://i.imgur.com/JUfrPNV.jpg](https://i.imgur.com/JUfrPNV.jpg)
+
+* House 1:  41k @ 3.25%  (paid off before FIRE)
+* House 2: 371k @ 3.75%  (get down to \~$300k before FIRE), I may refinance this into a 15 yr if the fed drops rates and I can something closer to 3.25% or 3%
+* Car: 24.5k @ 2.75% (paid off before FIRE)
+
+**Retirement plan:**
+
+Military pensions are equal to 2.5% \* yrs of service \* high 3 base pay avg. So, 20 years = 50% of your base pay. Based on our expected rank at retirement, this would be $54k each. That is in today’s money and since this is tied to inflation it’d be slightly higher (5 years from now) and would continue to grow each year in retirement since it’s chained to the CPI.
+
+**Age 43:**
+
+1. Buy a nice house somewhere after selling the rental houses.  We currently have about $400k in equity and should have closer to $500k by the time we retire although $50k of that will probably be eaten up in fees when we sell.   We really don’t know yet where this retirement house will be and how much we’d spend.  I've decided I don't want to keep the rentals if I'm not local to the area as I wouldn't want to keep paying property management fees after I retire.   Our house target price is $400k-600k.  My original plan was to just pay that outright or finance up to $200k.    I'm not going to worry about this too much until we decide on a location.  We may just rent for a year in that location before committing.
+2. Stop TSP/Roth IRA contributions and most other savings.
+3. Live off of $108k/yr in pensions and money in the taxable brokerage account.  My goal is to continue something close to our current lifestyle. Even though we’ll have half the income, it should be similar since we won’t have rent/mortgage or contributing to retirement accounts.  With $2m and a 4% SWR, I'm looking to augment the pensions with an extra $80k/yr for a total of $188k/yr.   When I project retirement expenses, I'm looking at around $105-140k/yr max.   So I think we have a pretty good cushion here.  (Another reason why I felt like we could splurge on a new car).
+4. Find an activity to stay occupied. I’ll be at my peak earning potential and could probably get a high paying job for a few years at this point which is my insurance plan if the market tanked/black swan event.  I could also stay in the military up to 8 more years which would increase my pension 2.5%/yr above the 50% base. But, I really want to quit working at this point and spend time with the kids who will be in elementary/jr high school.
+5. Begin converting our traditional TSP to a Roth IRA ladder.   I think I'm stuck paying like 22% tax on that money because of our pensions.  But, might as well do it sooner rather than later so the money is available without penalties sooner.
+6. Attend kids’ college graduations.  Note:  We transferred our post 9/11 GI Bill benefits to the kids, so they can both attend a university anywhere in the county and the gov't will pay a stipend plus tuition up to the highest state university tuition in that state.  I'm still contributing $2k/yr each to their college funds which is probably overkill.  I decided to keep doing that because the money could still be used for a master's degree, or perhaps the wife and I will decide we need a phd or some nonsense.  We have 4 master's degrees already between the 2 of us.
+
+**Age 62:**
+
+1. Begin collecting social security. If we wait until age 67 it's an extra $18k/yr each for us.  By taking it at 62 it's more like 12.5k/yr each.   It'd take 11.5 years to break even if we waited until 67.   In reality it'd probably be even longer if we invested the money that we start receiving at 62.  I'll probably flip flop on this some more over the years, but it's not like I'm making that decision anytime soon.
+
+**Major risks:**
+
+1. Wife and I getting stationed in geographically separated locations reducing our savings rate by having to maintain two households.  We'll find out .
+2. Minimal bond exposure, I’ve been adding some over the last couple years, but primarily am invested in low cost stock index funds (vanguard and TSP).
+3. Congress making significant changes to military retirement benefits/healthcare.  The current deal is ridiculously good, I can insure my family after retiring for $580/yr with Tricare.  When we become eligible for medicare then we have to pay the medicare part b premiums and Tricare for Life kicks in automatically to cover the 20% Medicare doesn’t cover plus provides the same prescription drug coverage benefit we have now.  I think the main risk is they increase the annual premium, but even if they went from $580/yr to $580/mo I’d still be thrilled with it.
+
+Please let me know if you have any questions and I’ll do my best to answer!
+
+tl;dr Net worth is now $1.6m ($439k debt, $2m assets), an increase of $212k from my last post.  Plan is to retire in 5 years at the age of 43 with $2m in assets and military pensions worth a $108k/yr.
+In February 2018 I lost my retail job due to restructuring of the company. Shortly after, I found out that a. I'm losing my vision and b. I'm already severely visually impaired, legally blind. 
+
+Since then, I've applied for tens of jobs per month, and had no success. Due to my vision, I can't drive, and I don't live in an area with a useful transit system. 
+
+My fiance supports both of us on his salary, which definitely isn't enough that he can comfortably support me, but it is *just* too much for us to qualify for income assistance. Due to a medical professional shortage, we've had no luck in seeking out dusability benefits. 
+
+I'm looking for any type of suggestions you can provide. We are already very frugal, we cook all our own meals, we don't eat meat or expensive processed foods, we walk anywhere that permits, we don't have Netflix, we buy used and upcycle everything we can. 
+
+If you have any career ideas, ideas for affordable education options, any way to save or earn a bit extra, I would really appreciate it. 
+Who buys more video games, a hedge fund or tens of thousands of Redditors? 
+
+Whether we have 1 share or 10,000, we the Redditors are their target market. With Cohen and their transition from b&m to online retailer, what could possibly be better than worldwide headlines and the admiration of all of us? 
+
+They know we will always have many choices  when buying games online. What could possibly better for GameStop than creating life long, untold loyalty with all of us young, internet savvy investors? Plus all of the headlines, movies and the impact on pop culture. What an opportunity for Gamestop! I believe they have massive skin in the game and want to see this happen more than any of us. They are not going to throw a bone to Wall Street and fuck us over - can you imagine how well that would fare for their Cohen, his investment and their transition to online retailer?
+
+​
+
+This is all speculation and I am not a financial advisor, just a crayon eating ape who LOVES the potential of GME at $180, 200 or $500. Do your own research and do what is best for you.
+*Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.*
+
+*On June 2, 2022, the Company’s stockholders approved an amendment (the “Charter Amendment”) to the Company’s Third Amended and Restated*
+
+*Certificate of Incorporation to increase the number of authorized shares of the Company’s Class A Common Stock (the “Common Stock”) to*
+
+*1,000,000,000. The Charter Amendment became effective upon its filing with the Secretary of State of the State of Delaware on June 3, 2022.*
+
+EDIT: Plus the "Power to the Players" tweet by RC... maybe they voted for the splividend and we are at T-10? (SEC notification is 10 days)
+It's only a matter of time.
+
+GME is being rebuilt and transformed before our eyes, increasing revenue and cutting liabilities.
+
+GME has more than a billion dollars in cash.
+
+NFT teases new launch or reveal in a week.
+
+Hedgies are scared. This next week may be their *last ditch effort to shake you off*. Nobody is selling except short and the price is artificially low. I'm gonna Buy & Hold
+I recently visited Puerto Vallarta and I love it. I think it's a great place to invest in a vacation home + airbnb pad. The only problem is that I don't really know how to find decent homes. I want to find a single or multi family home but craigslist is rather sparse, zillow is non existent, and all the real estate agencies seem like they're only interested in selling massive upscale resort like homes and condos (I would too if I were them, unfortunately I'm trying to see if I can find a place in a more affordable range of ~200k).
+
+Everyone seems to recommend going there and talking to people. So I'm doing my best to learn spanish in order to do so, but it's certainly going to take me a while before I'm proficient enough. So I'm looking for alternatives until then. 
+
+Anyone know how to best go about this (outside of saying "you really just gotta talk to people")?
+I have came to conclusion that all strategies are random and that if you make some money temoporarly with some market efficiency will turn against you. I have tested everything under the sky and nothing has worked for me.
+​
+
+[I have been trading for just over a year and live for only 3 months this was my GJ trade on July 1st 9:00am my strategy is only trading with price action and support and resistance. I was relying on the 15m time frame and expecting volume to break through that 1h resistance. What could I have done differently in this situation?](https://preview.redd.it/4kif0bxlp8971.png?width=2975&format=png&auto=webp&s=9e970917301591431cdd5811b52d95035887af9c)
+Has anyone ever gotten to the point where they are completely lost with their trading? I started learning about Forex about 8 months ago, took a kickstarter class to learn the basics of trading,  the babypips class as well. I have backtested strategies for a few months and started day trading in March 2021. It's pretty much been downhill since then.    
+
+
+I was trading pullbacks on the 5min timeline to the 15 ema and while the strategy works in backtesting, real world results are much different and much worse.  I have been back testing it on different pairs to get more trade opportunities but that hasn't lead to any more success.
+
+I kind of feel completely lost right now on the best way to become profitable. I was thinking about starting to trade on the 1hr timeline, maybe the 5min is too hard. Was thinking about finding new strategies as well but I have no confidence in back testing after my real world results were so much different.   
+
+
+Has anyone else ever been at this point, lost on where to go forward? If so, what did you do to get past it?
+Oftentimes we do guess the direction correctly, but we may not correctly guess the level at which stop loss should be set. Some pairs have stable volatility like EURUSD, others have a rollercoaster volatility like Gold. And that's precisely what makes Forex look more complicated than it is, I just came to realise
+
+Therefore I have a question regarding ta: how do you know you stop losses with pairs of unstable volatility?
+I'm going from ~$70,000 to around $150,000, depending on how much overtime I get the rest of the year. Everyone always talks about how much taxes I'm going to owe, or going into a different tax bracket and I'm making too much, etc etc. I'm assuming they think a new tax bracket means I'll bring home less money, the classic line of thinking. But I'm not sure. I know you can't make less money by making more money, I understand the marginal tax bracket stuff, kind of. Should I be worried about taxes come tax time? I normally get a refund back, not much though. I'm also trying to max out my Roth IRA and 457(b) plan this year, if that matters to this discussion whatsoever.
+Ticker SQ
+
+Payments company Square has invested $50 million into Bitcoin, according to an announcement today. It has bought 4,709 Bitcoin, with one percent of the company's assets. 
+
+​
+
+> “We believe that Bitcoin has the potential to be a more ubiquitous currency in the future,” said Square’s chief financial officer, Amrita Ahuja. “As it grows in adoption, we intend to learn and participate in a disciplined way. For a company that is building products based on a more inclusive future, this investment is a step on that journey.” 
+
+Square is owned by Jack Dorsey, **the CEO of Twitter** (and enthusiastic Bitcoin advocate). Square also owns CashApp, which has been offering Bitcoin for some time now. Dorsey has previously said that he regularly maxes out the weekly Bitcoin buy limits on CashApp. 
+
+Square has been investing in crypto for some time. It set up Square Crypto in March 2019 to support the development of the Bitcoin network. It has handed out a number of grants to Bitcoin developers and companies working in the space. 
+
+This investment follows business intelligence firm MicroStrategy buying $200 million of Bitcoin as an investment, before buying another $175 million of Bitcoin. 
+
+​
+
+source [https://decrypt.co/44319/square-invests-50-million-in-bitcoin?utm\_source=reddit&utm\_medium=social&utm\_campaign=sm](https://decrypt.co/44319/square-invests-50-million-in-bitcoin?utm_source=reddit&utm_medium=social&utm_campaign=sm)
+I'm at a loss here and I'm worried that my identity may have been stolen. The letter I received states that I owe the IRS money on a tax credit that was completely legitimate. As far as I'm aware, the IRS doesn't display your full social security number on letters. The number on the letter I received is 1-800-829-8310 which links to several articles and forums that it's a scam.
+
+​
+
+I have tried calling the actual IRS number several times today but haven't been able to get a real person on the phone.
+
+​
+
+When I go to my IRS profile at [irs.gov](https://irs.gov), it says that I owe the IRS nothing as of today.
+
+​
+
+I am extremely worried that my identity may have been stolen.
+
+​
+
+Any advice?
+
+​
+
+Edit: Come to find out that the number is legit. Thanks for the help everyone. I have proove that I did my taxes correctly, so I'm hoping it's just a mistake on their part. It just doesn't make sense to me that the amount doesn't show up on my IRS profile, and the letter says that I already owe interest when this is literally the first notice that I've received. Wish me luck. 
+
+Edit 2: Once again, thanks everyone for the input. I was finally able to ahold of the IRS. They said that the issue has to do with the education tax credit that students receive when they pay for school themselves (either via out of pocket or a loan). For some reason, the IRS thought I claimed the credit when I received a grant or a scholarship. I’m not sure why they thought this, but I just have to send them my 1098-T form to show that I didn’t receive a grant or scholarship.
+For background, I'm 30's, chubby fire $4.25M with \~$450k/yr tech income.
+
+My relative is C-suite and doesn't expect to live more than a decade longer, and will be coming upon \~$20M soon, they have two kids in their 20's who they'd like to set up for FIRE with \~$1-3M each after they're gone (the rest is splitting up into the extended family, etc.) .
+
+This relative has high income (\~$1M/yr) but spends for the entire extended family and not much of a saver, unfortunately their two kids struggle with getting jobs partially because of this lifestyle (live in USA, HCOL). Much of our extended family are immigrants with a different background / distrust of stock markets, investing and savings. It's unlikely they'll be able to maintain the wealth given, but that's life. I don't expect or plan to get any of this due to my own success, and in a way I'd prefer it to avoid any strings attached / feeling indebted.
+
+I was lucky enough to learn about FIRE principles over the last decade and have slowly taught the extended family with varying success. So, they're asking me for guidance on how to set their kids up long term. Of course the first thing I said was talk to a trust advisor, and they will, but they'd like me to guide their kids longer term. They were initially thinking $1M at 10% a year for $100k/yr income for their kids. I told them that was too optimistic, at least $2-3M would be needed for $100k/yr at \~4%, so they're considering that instead. I also told them this will probably stunt the kids growth if given before they start their careers.
+
+I'm close with the kids right now, and know this would likely sever/strain any relationship going forward. I'm considering some sort of mentorship role for them, where they can choose to ignore me and use up all their money if they prefer, and that's on them. Mainly I've told the parent that no matter what trust they set up, there will be ways for the kids to abuse it, so the primary thing they need is financial education / fire lite I guess, and I'm not sure how one can do that without learning to live on your own / invest your own money, ie... actually have to be independent.
+
+So I'm at a bit of a loss here as to what to do, I am pretty sure as it stands now any money (for now passive lazy portfolio like my own is what I suggested) will eventually disappear for them after the parent is gone. They're already going to be gifted houses to live in so they'll at least have that.
+
+But I want to try still, having FIRE family long term especially with these cousins who I love so much would be a bright future. Say I had around a decade to teach by example, are there any strategies I can do to help them at least get to a point where they like FIRE concepts enough to not abuse this gift?
+
+*edit: Wow, trying out this verified feature has already been helpful, I still get notifications on the removed comments and they're mostly variations of 'that's a lot of money'.*
+Worried that PLTR too expensive to own now? No need to worry. The IV expanded so much (110% to 165%+), the 20 or 21 puts for Dec/Jan (monthlies) are still the same if not more. Bank on 10%+ gains and if in case stock did fall to 20, you got the ticket to the moon again. enjoy and Happy Thanksgiving guys n gals.
+
+​
+
+Positions: 20x Jan15 CSP $21 $2.60 ea.
+First thing in the morning on first trading day of the week/month?
+
+Day of expiration?
+
+Mid week / month?
+
+Before or after a big event?
+
+Whenever you see big movement?
+
+Curious what you all do. Thanks
+Im pretty new to options since i only trade forex, and from what i learned you need a huge capital to be part of the theta gang, is there any way a poor man like me could join the gang :(( ,,, i'm so poor im talking about less than a thousand balance
+I have been working with options for about 3 years.  However, I only discovered selling options about a year ago (ya, lost some good money those 1st 2 years) .  I started with spreads and did very well.  Seemed to either win or get out before big losses a majority of the time and made some good monthly earnings.  I always had a feeling that it seemed so easy because the market was just going UP , UP , UP... and had a feeling that when that changed, this would get more difficult.  Well, June and July were hard.  So I am adjusting my strategies to include more than spreads.  I am working on understanding the Greeks now and still feel confident in moving forward.  However, I see a TON of people, especially the WSB Apes, giving up and getting the F out of the market.  Do you think that losing a TON of retail traders is going to negatively affect the market over the next year or so?
+* Bank says investor adoption of Bitcoin has only just started
+* Gold ETFs are bleeding cash while Bitcoin funds absorb flows
+
+[https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin](https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin)
+**“Markets are overreacting to short-term sentiment around a whole bunch of complex issues,” Dimon tells Fox Business.**
+
+**Source:** [**https://www.cnbc.com/2019/01/08/jamie-dimon-says-the-stock-market-overreacted-no-recession-ahead.html**](https://www.cnbc.com/2019/01/08/jamie-dimon-says-the-stock-market-overreacted-no-recession-ahead.html?__source=newsletter%7Ceveningbrief)
+This is in response to another post where OP talks about $30T of wealth from boomers eventually being transferred to the next generation. OP tells us to be patient with our crypto investing and wait until the boomers give us money.
+
+Get out of here with that trickle-down nonsense. Given everything we know about the boomer generation, do you honestly expect to get anything? The boomer generation is all about hoarding resources. They see the younger generations struggling with multiple jobs. What about owning a house or having enough extra money to raise family? Total fantasies. 
+
+Boomers. Don't. Care. They insult us for our participation trophies. They mock us for being "woke." They tell us to stop eating avocado toast.
+
+In fact, this whole narrative of, "just be patient, you'll get your opportunity someday," sounds exactly like something a boomer would say. Translated, it means, "Don't upset the status quo. That might threaten our power and wealth."  OP links to two articles articles about how millenials and gen z should be excited about receiving crumbs in the future. Unsurprisingly, the sources are from wealth services catered for boomers.
+
+For the rest of us: If you want wealth, create your own wealth. If you think crypto is the way forward, then good luck. It might save us from the boomers.
+
+Lastly, let's not be like the boomers when we get old. Should any of us acquire wealth beyond our means, please share with the next generation that comes after us. I like that one dad who created crypto wallets for his kids. They shouldn't have to suffer the way we did.
+He goes by u/vbuterin. I spent the last couple of hours going through his post history and holy shit it is a goldmine filled with a lot of interesting stuff. There’s even posts all the way back from the early Bitcoin days. I would’ve never imagined I’d be reading a billionaires hilarious [quality shitposts](https://www.np.reddit.com/r/Bitcoin/comments/1ge9o9/bitcoin_nigerian_prince_scams_no_longer_make_any/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)  from over 8 years ago. Reddit is pretty awesome that way. 
+
+I also highly recommend his blog [vitalik.ca](https://vitalik.ca), there’s some pretty cool stuff on there too, even though a lot of it goes over my head (am a smoothbrain). One of the recent articles really spoke to me- “[The Most Important Scarce Resource is Legitimacy](https://vitalik.ca/general/2021/03/23/legitimacy.html)”- something I feel the larger crypto community really needs to hear and understand right now. 
+
+Anyways I saw his profile mentioned on a another post and it really took me by surprise and just wanted to share it as I found it super cool. It’s pretty amazing to see him so engaged with the community. Makes me smile as a ETH fan and hodler. Thanks u/vbuterin for everything you’ve given us and for helping decentralize the world.
+So I’ve been day trading in the morning before work every day for a little over 8 months now. 75% of my days I make money. I tend to make between 0.5% - 3% of my position size. The sum of my positive days is around $25,000, but the sum of my negative days us about $24,000. The majority of my losses have come on a handful of days (maybe 10 days).  Essentially, every 3 weeks I wipe out my profits with a single bad trade or day.
+
+My main question is, should this be something that is easily correctable, and if so how, or is losing all my profits every 3 weeks just an inevitable result of my strategy?  Looking back on some of my very bad trades, one common theme is that I tend to average down or hold one to a trade way too long under the delusion that it will reverse. So I do know that I need to get better at cutting my losses and exiting losing trades. I do also tend to take profits quickly and let my losing trades ride too long. 
+
+I really enjoy trading, and feel like I am on to something.  If it were the other way around, and I lost money 75% of the time, I think I’d say counting on a few big wins is not sustainable when I’m losing money so frequently. So my thinking is there must be something I can do to preserve my profits better.
+
+
+Any suggestions?
+I have a traditional IRA through Vanguard with ~$15K, and my wife has a Roth IRA through Vanguard with ~$15K.  We have been depositing the $5,500 max every year.  We also have 401ks through our employers that we max out every year.
+
+We're both working now, and H&R block just told me that my MAGI makes us ineligible to deduct deposits into my traditional IRA. So my questions are: 
+
+1. Should I leave the money in my traditional and open a new ROTH?
+1. Should I convert this account into a ROTH?
+1. Anything else I should be on the lookout for?
+
+**Bonus**: H&R Block asked a bunch of questions about my traditional IRA that I don't at all understand--can anyone help me figure out how to answer?
+
+* Did i recharacterize the amounts originally contributed to my traditional IRA for 2018 so it would be treated as Roth instead? 
+
+*I expect I'll be able to answer this once y'all help me figure out the answer to my original post*
+
+* Enter your total basis in traditional IRA.
+
+*I think the answer to this is $0.*
+ 
+Newbie here. I often feel like I'm not on top of my finances. Maybe it's imposter syndrome. But I want to make sure that I review my accounts on a regular basis.
+
+So what documents should I review and how frequently to get an idea of my accounts? I want to be on top of them and change things up before incurring huge preventable losses.
+
+I have credit cards, bank accounts, and accounts at a stock/investment company. I track my accounts via [Mint.com](https://Mint.com), which gives me a birds eye view of income and expenses.
+So I have been pretty much broke my entire life (former social worker) but my partner has been at Apple for 17 years. He is in a great financial place and has been generous enough to share his finances with me. I am trying to become financially literate and understand our stock portfolio. We are in our early 40's and I am thinking about our future retirement. We have most of our stock in Apple but I would like to put half of that in a fund/ stock and just let it grow until we retire.
+
+Should we keep it in Apple? Is that too risky to keep everything in one spot? Or should we put it in an index fund? Also are there any great ways to learn more about stock and retirement? Thanks!
+Hallo! I'm a mid-30 with normal job, college degree, no depts and Index-ETF saving plan of $500/month.
+
+By inheritance I received $100k. I'm sure about investing them into index-etf but I worry about the timing. I know that's it's impossible to time market, but I feel very uncomfortable to invest so much money at this market prospect.
+
+What do you think? Should I be all in now or increase my saving plan to lets say $5k/month? Any advices? Thank you!
+Warren Buffett's annual shareholder letter is out. A few key gems to those who want to accumulate (not gamble) wealth: 
+
+1. "it is insane to risk what you have and need in order to obtain what you don’t need"
+2. "Avoid debt". Market declines routinely occur. When they do, being debt-free opens up some great opportunities. 
+3. "What investors then need instead is an ability to both disregard mob fears or enthusiasms and to focus on a few simple fundamentals. A willingness to look unimaginative for a sustained period – or even to look foolish – is also essential."
+4. "Stick with big, 'easy' decisions and eschew activity." Buffett argues that plethora of trading activity is not necessary or even conducive to long-term gains. Stick to a low-cost index fund that tracks (say) S&P 500.
+
+Enjoy the [complete letter](http://www.berkshirehathaway.com/letters/2017ltr.pdf)
+Hi, this is u/Mortgages101…
+
+**EDIT 3 - It's 10.30pm and I think I'm done. My fingers are sore, my eyes are blurry and I cant sit down or stand up, so I guess that means it's bed time? Have I set the record for the longest AMA on UKPF? With absolutely no evidence to back it up, I'm pretty sure I have.**
+
+**Thank you to everyone who took the time to drop in and ask a question, I appreciate every single one of you.** 
+
+**I'll be available on the sub in the future, if you have a mortgage question then feel free to tag me, I don't mind at all, doing this type of stuff ticks a huge 'sense of wellbeing' box for me, when the world is a bit crazy.**
+
+**Thanks to the Mods for letting me do this, I know some of you want to know who I am and I would honestly love to sort your mortgages for you, but I've agreed to be anonymous... for the time being at least (just kidding mods!)**
+
+**Thank you all again, good night, nos da!**
+
+EDIT 2 - It's just gone 9pm, and I feel like I've answered 6 million questions and typed 'Discounted or Tracker' 3 million times. I think I've answered more or less everything, but I intend on hanging around for at least the next hour or so (gotta get to the 12th hour!) so if you've asked something and I've missed it, feel free to make a new comment tagging me and I'll take a look!
+
+EDIT - it's almost 4pm, I'm still going and I'll do my best to go as long as possible. Just going to take a small break. I'm trying to mix up between the recent stuff and questions that were asked earlier today, but if you come across anything specific I haven't answered and you want me to answer, then please upvote it and I'll do m best to answer.
+
+Last month I did a mortgage related AMA (you can find it [here](https://www.reddit.com/r/UKPersonalFinance/comments/y1x4dc/im_a_whole_of_market_independent_mortgage_advisor/)), I planned on doing 3 hours last time and ended up doing almost 6, well I'm back and this time I’ll be here all day from around 10am this morning!
+
+Ask Me Anything mortgage related! How to (try) and save money in the current market, what’s the difference between tracker, discount or fixed deals, what my day to day job is like, how we source mortgages, what I think may happen in the future?
+
+I can also tell you about how different lenders interpret your credit file, how I got into the industry (spoiler – it was a complete accident) or anything else you may want to know about mortgages. Or maybe you want to know about different lenders affordability, income & criteria?
+
+Sadly, I can’t answer anything related to unsecured borrowing, savings, investments or pensions, but if it’s related to your mortgage, for example, can you consolidate unsecured debt? Then fire away!
+
+Per the subreddit rules, please keep all questions in this thread and do not send questions by direct message, feel free to ask me anything related to the mortgage world, and I’ll do my best to answer you as honestly as I can, but please remember that as I don’t know your specific circumstances, **nothing I say here should be constituted as advice**, think of this is strictly a Q and A session.
+
+My identity, qualification and experience have all been confirmed by the mods, and one of them will be along soon to sticky this post.
+# PREFACE
+
+​
+
+I've seen a couple posts hit the front page lately suggesting that the price action we have seen in zombie stocks is from shorts being forced to close before the implementation of new reporting requirements that come into effect on September 28th, 2021. They suggest that shorts sellers are being forced to close their positions before the stocks are delisted from the OTC market.
+
+I have read into the matter, and I believe the posts have misinterpreted things. I made a post last night that didn't gain traction, so here is my second (and more researched) attempt to correct what I believe to be misinformation.
+
+The posts I am referring to are: [here](https://www.reddit.com/r/Superstonk/comments/phclij/credit_to_ujaloosk_this_is_why_we_are_seeing/) and [here](https://www.reddit.com/r/Superstonk/comments/pho33e/shfs_are_being_forced_to_cover_shorts_for_sears/).
+
+​
+
+**After looking into the matter, I believe I have discovered something nefarious. Or at least, something that is certainly not in the best interest of retail or market transparency.**
+
+# 
+
+# SUMMARY
+
+​
+
+**TL;DR:** *Courtesy of OTC Markets Group themselves*\*,\* ["OTC Markets Group currently operates the Expert Market as a distinct market tier for a small number of companies. However, on September 28th this market tier will expand to include a broader range of securities. Following the upcoming changes to Rule 15c2-11, companies that do not make current information publicly available under the rule will shift to  the Expert Market."](https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/)
+
+​
+
+**It is correct that additional reporting requirement are effective on Sept. 28th. Stocks that fail to meet the new reporting requirements will be delisted from the OTC market and moved to what is called the "Expert Market". There is no mention of forcing positions to close in any of the reading I have done.**
+
+**In response to the new reporting requirements for OTC stocks, OTC Markets Group has proposed exemptions to the new rules for securities traded on part of its alternative trading system (ATS) "OTC Link". They have proposed that their "Expert Market", in which access to data and quotes will be restricted to "broker-dealers, and professional or sophisticated investors" only, be exempt from the reporting requirements; the pretense being that restricting retail from accessing such opaque securities will protect the general public from the risk of fraud and manipulation, effectively achieving the "investor protection" that the new reporting requirements intend.**
+
+**The SEC seems on-board with the idea. This "Expert Market", which is an ATS (aka dark pool), has been operating since April 2019, and will become the new home for many companies that do not meet the new reporting requirements for OTC stocks, perhaps including our reanimated zombie stocks.**
+
+​
+
+# ASSESSMENT
+
+​
+
+To get a handle on the situation, I read through the following sources:
+
+1. [The original source from the posts I am "correcting"](https://www.securitieslawyer101.com/2021/rule-15c2-11-compliance-deadline-draws-near/) \- A lengthy but informative read based on SEC filings
+2. [SEC filing describing new requirements and proposed exemptions](https://www.sec.gov/rules/exorders/2020/34-90769.pdf) \- the OG sauce, I read it to confirm the claims in the link above
+3. [OTC Markets' explanation of the ATS](https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/) \- the TL;DR from above, very insightful.
+
+​
+
+First off, there is no mention in anything I have read about short positions having to close before stocks are delisted from the OTC market. The new reporting requirements, roughly speaking, will require stocks trading OTC to maintain recent financial statements if they are to continue trading on the OTC market, otherwise they will be delisted from the OTC market.
+
+So the security still exists after being delisted, but it becomes much more illiquid, and data and quotes for the security become more difficult to access.
+
+​
+
+The "Expert Market", as described by OTC Markets Group:
+
+>The Expert Market is a distinct market tier on which OTC Link LLC’s broker-dealer subscribers (each, a “Subscriber” and collectively, the “Subscribers”) can, among other things, find price transparency in certain securities that **may not be eligible or suitable for retail investors**.  Currently, the distribution of quotations for securities that are published or submitted on the Expert Market is limited to broker-dealers, and OTC Link ATS **does not make such quotations available to the general public**. [Sauce, pg. 6](https://www.sec.gov/rules/exorders/2020/34-90769.pdf)
+
+​
+
+What securities will be traded on the Expert Market?
+
+>(1) any security that is quoted in reliance on the piggyback exception prior to the Compliance Date **and loses such eligibility upon the Compliance Date** due to a lack of current and publicly available  information about the issuer of the security; (2) any security that is quoted in reliance on the piggyback exception following the Compliance Date and subsequently loses such eligibility due to a l**ack of current and publicly available information** about the issuer of the security, **the issuer’s status as a shell company**, or a failure to meet the frequency-of-quotation requirement;  and (3) **any security that is issued in conjunction with a Chapter 11 bankruptcy plan**  confirmed pursuant to Section 1129 of the U.S. Bankruptcy Code (the “Code”)21 and is exempt from registration in accordance with Section 1145 of the Code. [Sauce, pg. 9 + 10](https://www.sec.gov/rules/exorders/2020/34-90769.pdf)
+
+**I tried digging into** [**exemptions under section 1145 of the U.S. Bankrupcty Code**](https://www.usbankruptcycode.org/chapter-11-reorganization/subchapter-iii-postconfirmation-matters/section-1145-exemption-from-securities-laws/)**, but its very dense and I'm no legal expert, so please scrutinize my assessment on this if you have some expertise on the matter.**
+
+​
+
+**EDIT:** the reporting requirements that must be maintained are as summarised: (added after feedback)
+
+>*The amendments permit  broker-dealers to publish a quotation if a publicly available balance  sheet is dated within sixteen months of the published quotation, as in  the proposal, and profit and loss and retained earnings statements are  for the twelve months preceding the date of that balance sheet, rather  than within six months of the quotation if the balance sheet is older  than six months. … The release also delays for two years the requirement  that financial statements for the two preceding fiscal years be  publicly available for catch-all issuers. This change from the proposal  helps guard against the retroactive application of the rule; an issuer’s  securities will not lose their quoted market due to a broker-dealer’s  or qualified IDQS’s inability to obtain historical records that predated  these amendments.*  
+>  
+>In  the end, non-registrants will have to make limited disclosure, which is a  welcome change. If they fail to meet the requirement, they’ll be  delisted to the Grey Market or (see below) the “Expert Market.” If a  qualified IDQS determines that an issuer’s current information is no  longer current, broker-dealers will have a grace period of 15 calendar  days in which they may continue to quote the stock. This will give  investors an opportunity to exit their positions, should they wish to  take it.  
+>  
+>In addition, the  final rule creates a new exception that permits broker-dealers to  publish quotations without conducting an information review for the  highly liquid securities of well-capitalized issuers. The Commission  believes such issuers are less susceptible to fraud than other types of  penny stocks. [Sauce.](https://www.securitieslawyer101.com/2021/rule-15c2-11-compliance-deadline-draws-near/)
+
+​
+
+**So you're telling me any stock currently traded on the OTC market, which belongs to a company with outdated statements, including shell companies, or securities issued from a Chapter 11 bankruptcy, are going to be taken off the OTC market and moved to a different dark pool that is designed specifically to exclude retail investors and hide quotes and data from the general public?**
+
+**The potential for fuckery seems clear to me. The SEC is saying you have to be compliant to the OTC reporting requirements, because the OTC market is having non-compliance issues. But the consequence of continued non-compliance is you get moved to the private "Expert Market" where the reporting requirements don't apply?**
+
+**It seems to me that if I was hiding something through non-compliance, I would just continue to do so, and end up in an ATS  where my non-compliance isn't an issue and I'm hidden from public view.**
+
+​
+
+How is the distribution of quotes and data handled on the Expert Market?
+
+>Quotations published or submitted on the Expert Market are clearly identified in a data feed to which OTC Markets Group controls which Subscribers, market data distributors, and users have access. [Sauce, pg. 6 + 7](https://www.sec.gov/rules/exorders/2020/34-90769.pdf)
+
+​
+
+What does the SEC think of the proposed changes to the Expert Market?
+
+>*The  Commission believes that, under certain conditions and circumstances,  it could be beneficial to establish an “expert market” that would  enhance liquidity for sophisticated or professional investors in grey  market securities, as well as for small companies seeking growth  opportunities that might prefer to be quoted in a market limited to such  persons. To facilitate the formation and implementation of such a  market, the Commission has the authority to issue exemptive relief by  order pursuant to Section 36 of the Exchange Act and paragraph (g) of  the amended Rule that is necessary or appropriate in the public  interest, and is consistent with the* ***protection of investors***\*. In this regard, the Commission may consider, among other things,\* ***the types of  investors who could access quotations in this market and the types of  securities that would be quoted in such a market.*** [Sauce, pg. 4](https://www.sec.gov/rules/exorders/2020/34-90769.pdf)
+
+​
+
+Ok, so the SEC is open to the idea of expanding the function of the Expert Market as well as the exemptions for securities transacted within. They went on to state, additionally:
+
+>*In considering any such exemptive  relief, the Commission preliminarily believes that* ***any  such expert  market must not have the potential to develop into a  parallel market for  which quotations are accessible by retail investors  and the general  public.*** ***To protect retail investors*** *from the harms resulting from  incidents of fraud and manipulation in OTC  securities for which no or limited publicly available information about  the issuers exists to help  counteract misinformation, such exemptive relief could focus on the  types of investors that have the ability to assess an investment opportunity, including the ability to analyze the  risks and rewards.* [Sauce.](https://www.securitieslawyer101.com/2021/rule-15c2-11-compliance-deadline-draws-near/)
+
+​
+
+**So what does this all mean?**
+
+As far as I can tell from reading the SEC filing and OTC Markets' own post on the changes coming to the "Expert Market", OTC Market Group is turning its "Expert Market" dark pool into a catch-all trading platform for professional investors to exchange securities that no longer meet the SEC's new reporting requirements for OTC stocks. This is effective September 28th, 2021, and implies that many of the OTC stocks that have recently come under our scrutiny could be moved to this dark pool, making both their quotes and data inaccessible to retail investors and the general public.
+
+This development, alongside the [CFTC's decision to suspend reporting requirements for swap dealers](https://www.cftc.gov/PressRoom/PressReleases/8422-21), paints a picture that the SEC and CFTC are actively suppressing retail's and the general public's ability to access information.
+
+Its a compelling coincidence that these developments are taking place right now, given how relevant swaps and zombie stocks are to the latest DD pertaining to naked short positions.
+
+My assessment could be wrong, I am no legal professional. Please pick apart my assessment and share your thoughts in the comments.
+Ukraine has announced it will issue war bonds to support its war effort against Russia. I understand that I will probably will not get this money back or any returns and I am ok with that. Does anyone know how I go about buying some of these war bonds?
+I drive a semi (CDL A) and deliver food to restaurants. It’s very hard work with little sleep and all employees currently are men but there have been females that have worked there in the past. Working 70-100 hr weeks and have made as much as $7900 in a week. Hoping this information might benefit the right person!
+Cnn, bbc, the guardian, Ap, nbc all called it in. Biden is the 46th president! Trump will protest for sure and this may drag on until December, but I don't think things will change.
+
+What do you think will happen on Monday? I think more green!!
+  Here we are again. Another year, another 100k, and in the middle of a pandemic to boot -\_-. I’ve kept my previous post mainly intact but have made changes in ***bolded italics. All mentions of currency are in CAD.***
+
+***Side note: I’m definitely at the point where market volatility is very noticeable on my portfolio. Stay the course peeps!***
+
+**About me**
+
+Hi! I’m a ***28F*** CPA living in Toronto, Canada. I wanted to post this to show the non IT people in this sub that there are other careers where it’s possible to increase net worth quickly despite not making 100k right out of school. I’ve always been a saver but I discovered MMM in December 2015 (when I was 24). The realization I could retire at 35 really lit a fire under my ass to save even more and actually invest it. I was working through my CPA at a big 4 accounting firm at the time and hated every second of it. To be honest, accounting is boring and a ‘meh’ career at best, but the money is good so I will most likely stay on this path until I feel FI enough, if not actual FIRE.
+
+I live in the most if not second most expensive city in Canada, sharing a small home with my SO that we purchased last year. I have no expensive hobbies other than travel and lead a pretty ‘boring’ life. I’m slowly getting healthier and into exercising but those things are harder for me than saving money.
+
+The privilege – My parents paid for 3 out of my 4 years of university. That’s about 36k that I got for free which will never have to be repaid (I asked). That one year I paid for and for the 2 years I lived on campus I paid for myself through part time jobs before and during university. I also went back to live with my parents for one year rent free during my ***7*** years of working, which was a nice boost to my net worth during that time.
+
+Here are the numbers!
+
+**The goals**
+
+My spending goal in retirement for one person is $20,000-$30,000 per year (as part of a $40,000-$60,000 spend household). I expect my SO to pay their own way on this FIRE journey. The dream at the moment looks like one year on one year off long term slow travel, most likely for 5ish years of travel. On the off years, we could work, volunteer, whatever. These FIRE plans are not that defined because who knows what I’ll feel like in 5-10 years.
+
+All else being equal (is it ever?) I expect to achieve the following net worth milestones at the following ages:
+
+   
+
+**Annual Spend (individual)**
+
+​
+
+| **Annual Spend (individual)** | **$20,000.00** || **$25,000.00** || **$30,000.00** ||
+|:-|:-|:-|:-|:-|:-|:-|
+| FI @ 4% | $500,000.00 |29| $625,000.00 |30| $750,000.00 |33|
+| FI @ 3.5% | $571,428.57 |30| $714,285.71 |31| $857,142.86 |34|
+| FI @ 3.25% | $615,384.62 |30|$769,230.77|32| $923,076.92 |35|
+| FI @ 3% | $666,666.67 |31| $833,333.33 |32| $1,000,000.00 |35|
+
+\^the above does not account for market corrections/recessions. If one happens tomorrow obviously those ages will change. ***(BAHAHAHAHA COVID)***
+
+My flair is based on the first goal - $500k for 20k of spending at 4%. Is that going to be the number I FIRE at? Probably not, given the expectation of a low growth environment in the near future and my young age at the expected time. But it’s a number that I would feel comfortable about enough to shift into something more chill. It’s possible and even likely that I’ll experience the golden handcuffs phenom and stay for a while past that though to feather the nest and add security.
+
+Future plan/goals – I have no interest in having children, which enables my fast FIRE journey and long term travel plans. ***Currently we live in a small bungalow in Scarbs with a basement unit that pays rent. Looking forward to selling in the next few years and buying a teardown to re-build, no enjoying living in an old house.*** While Canada is great, it’s also possible that I will be OK with living somewhere else with single payer health care long term (I hate winter).
+
+**Income history and Net Worth**
+
+I started my career at a big 4 accounting firm making 45k, then 50k the next year, then 60k the next. These are standard salaries for this job in my city – Toronto. During this time I was renting a place downtown with a roommate or SO.
+
+After leaving the firm my first job out was at 75k, and I moved to live with my parents for that year. Getting rid of rent was amazing for my net worth. Then I moved to a more interesting job that I thought I would love for 80k and started paying rent again. ***Then I got bored and moved to my current job, where I made 95k the first year and now 100k with very generous 20-30% bonuses. First year we (my SO and i) lived downtown paying rent, now paying down a mortgage.***
+
+I do have access to a side hustle that I started participating in around 2016. It’s very CPA specific and involves helping incoming CPAs get feedback for their practice exams in preparation for the qualification exams we have to write in this profession (PEP and CAP for those in the know). I think I made <$2000 the first year I did it, but it grew steadily and I made $***33,000*** last year from this.
+
+My net worth started at -$10,000 on the day I graduated university in the summer of 2013. That debt was owed to my parents for a lavish long trip I took that summer which I repaid in my first year of working. No regrets. After I started working and saving, it began steadily going up. My records are spotty in the beginning, since I was just saving to save.
+
+
+
+Jul/2014         $10,000.00
+
+Sep/2014	$16,108.48
+
+Nov/2014	$21,146.27
+
+Jan/2015	$26,275.45
+
+Mar/2015	$30,587.78
+
+Jun/2015	$41,766.89
+
+Sep/2015	$48,129.09
+
+Dec/2015	$54,127.60
+
+Mar/2016	$66,790.00
+
+Jun/2016	$82,387.42
+
+Sep/2016	$93,851.37
+
+​
+
+I reached the 100k milestone sometime in November 2016 at 24 years old, 3 years and 2 months after my first day of work.
+
+Dec/2016	$108,566.61
+
+Mar/2017	$124,818.16
+
+Jun/2017	$137,332.79
+
+Sep/2017	$159,339.43
+
+Dec/2017	$184,239.82
+
+Mar/2018	$196,280.12
+
+Apr/2018	$204,157.49
+
+​
+
+I reached the 200k milestone sometime in April 2018 at 26 years old, 1 year and 5 months after 100k (4 years, 7 months after my first day of work). It definitely gets faster (especially if you have year of not paying rent!).
+
+All else equal and barring a downturn, I hope to achieve the 300k milestone around winter 2019. Depending on the side hustle this year and with my increased income, here’s hoping for Dec 2018 instead of March 2019. Well that didn’t work out, but that was mainly because of saving up for the house during the low market in the 2018 winter and the closing costs.
+
+  Jun/2018	$211,046.07
+
+Sep/2018	$228,258.78
+
+Dec/2018	$235,142.81
+
+Mar/2019	$278,189.27
+
+Apr/2019	$300,030.50
+
+Why the big jumps toward the end there? Bonuses and side hustle money coming through (it comes in large chunks) and the tenant providing first and last helped as well.
+
+The 300k milestone was reached at the very end of April 2019, one year after 200k. It’s definitely getting easier and easier to amass more money as my income grows and the growth compounds due to the nest egg size.
+
+I’m hoping 400k comes around the same time next year. Side hustle should be around the same this year but we’re planning a lavish vacation and some minor renovations***.***
+
+***Jun//2019	$307,811.29***
+
+***Sep//2019	$341,536.98***
+
+***Dec//2019	$376,130.50***
+
+***Jan//2020	$397,007.64***
+
+***Feb//2020	$381,471.98***
+
+***Mar//2020	$361,550.87***
+
+***Apr//2020	$408,911.06***
+
+  
+
+***More lines than usual because I wanted to show the COVID drops. It took my bonus and a side hustle payment to get me to crossing the 400k line, along with a minor market recovery.***
+
+***The 400k milestone was reached at the very end of April 2020, one year after 300k. 500k is less than a year away should my plans for 2020 work out. More on that in the next update if it works out \^\_\^***
+
+**Monthly expenses**
+
+***Here are the 2019 expenses and 2020 so far. Expenses have definitely increased slightly since we are now homeowners which comes with all kinds of costs.*** 
+
+For a millennial living in a huge high COL city, I don’t spend a lot of money. This has enabled me to save a ton of money even on my previously medium salaries.
+
+***2019 expenses***
+
+   
+
+||Spending YTD | Monthly Average|
+|:-|:-|:-|
+| Rent/Mortgage | $17,173.83 | $1,431.15 |
+| Hydro + gas | $1,061.36 | $88.45 |
+| Internet | $499.51 | $41.63 |
+| Water | $439.32 | $36.61 |
+| Insurance | $946.08 | $78.84 |
+| Transportation | $1,462.30 | $121.86 |
+| Groceries | $1,384.79 | $115.40 |
+| Eating out | $2,519.16 | $209.93 |
+| Misc | $3,370.02 | $280.84 |
+| Tenant | \-$8,500.00 | \-$708.33 |
+|| **$20,356.36** | **$1,696.36** |
+| House one time costs | $10,864.49 ||
+| travel | $9,061.39 ||
+| Clothes | $987.77 ||
+|| **$41,270.01** ||
+
+​
+
+***2019 was a mix of renting and owning, so the housing related costs are a bit lopsided on a monthly basis. I took the subway to work, phone was paid for by my employer, and health/dental over and above work insurance goes into Misc (Netflix is in there too).*** 
+
+***2020 expenses to date (4 months)***
+
+   
+
+||Spending YTD | Monthly Average|
+|:-|:-|:-|
+| Mortgage | $5,666.40 | $1,416.60 |
+|  Property Taxes | $905.25 | $226.31 |
+|  Hydro | $229.54 | $57.38 |
+| Gas | $266.16 | $66.54 |
+| Internet | $196.77 | $49.19 |
+| Water | $164.97 | $41.24 |
+| Insurance | $0.00 | $0.00 |
+| Transportation | $315.60 | $78.90 |
+| Groceries | $637.64 | $159.41 |
+| Eating out | $803.40 | $200.85 |
+| Misc | $762.32 | $190.58 |
+| Tenant | \-$3,400.00 | \-$850.00 |
+|| **$6,548.03** | **$1,637.01** |
+| House one time costs (renos)| $10,243.81 ||
+| travel | $466.78 ||
+|| **$17,258.61** ||
+
+***Variable mortgages are great during times like this, April was our first reduced month. Renovations are about halfway done; hopefully we’ll finish in a few months. We pay insurance in a lump sum payment, my work pays for my phone, and any medication/dental not covered by work health insurance is in misc. I’ve worked from home for majority of March and all of April so transportation costs are not normal. Unfortunately it looks like vacation is out of the question this year so we’ll save a few thousand there in the overall figures.***
+
+Please keep in mind that these expenses are for myself only. My SO and I split household expenses and spend our own money on items like clothes or video games. I don’t foresee our essentials spending increasing above what it currently is and the tenant is very helpful in reducing those costs to a level where it is cheaper to live in the house than our previous condo rental without taking into account future selling prices, etc. We did consult a rent vs buy calculator before purchasing and the house was still in the buy zone which is rare for Toronto. ***I foresee us staying here for around 2-5 years before flipping into a newer home.*** 
+
+**Investments**
+
+My tax advantaged accounts are maxed out and self-managed through a DIY brokerage. My taxable contributions are split evenly between the same self-managed DIY brokerage and a robo advisor for shits and giggles. The robo advisor is winning at the moment, because I view my DIY brokerage holdings as a whole unit so my taxable account gets the brunt of the bonds (low rate environment).
+
+The DIY Portfolio is as follows:
+
+***Cash: 0.6% (preference is 0%), everything is in the market J***
+
+***Bonds: 1.9% (preference is 5%), sold it all in March to buy more ETFs.***
+
+***REITs: 2.3% (preference is 2.5%), VRE mostly. Also meh about this allocation.*** **~~This will go the way of the bonds when I need to rebalance if the market makes moves. Since I own a home now this is not required.<~~** ***that’s what I said last year, thinking REITs are inversely related to general market performance. Not for this recession….***
+
+***Canadian dividend stocks: 4.1% (preference is 2%, my investing strategy used to be dividend based so this is a remaining position from then), CDZ.***
+
+***Canadian Market: 1.7% (preference is 2.5%),VCN***
+
+***US Market – hedged to CAD: 24.6% (preference is 25.5%),VUS/VSP***
+
+***US Market – unhedged: 26.9% (preference is 25.5%), VUN/VTI(n USD)***
+
+***International (both developed and developing) – unhedged: 37.9% (preference is 36.5%) XEF+XEC/VXUS(in USD)***
+
+My robo advisor has split my investments as follows:
+
+Cash: 6%
+
+Bonds: $9%
+
+Low carbon global stocks: 30%
+
+Canadian stocks: 24%
+
+Global stocks: 16%
+
+Cleantech stocks: 15%
+
+***I finally called them to change my risk level from 8 to 9.***
+
+I’d love any advice on my allocations. I rebalance when I invest so it’s a bit slow.
+
+Is there anything else you want to know?
+
+If this post is well received and the community feels it’s useful, I’ll make another one when I get to $500k.
+Good Afternoon r/povertyfinance
+
+After reading a thread on this sub about how there is no financial advice for people as poor as us (https://www.reddit.com/r/povertyfinance/comments/qja0ao/most_financial_advice_is_useless_because_of_one/?utm_medium=android_app&utm_source=share)
+
+It got me thinking, why don't WE make the advice?
+So I'm asking you to drop any and all tips you have or wish you'd had about being bottom of the barrel broke?
+We only have to convert it because of the legal framework created by the IRS.  We have to exempt Bitcoin transactions from capital gains, and perhaps even more important, we have to be able to pay our taxes in Bitcoin.  
+
+Even if you were trading in bananas, you'd still have to convert your banana gains back into fiat, so his argument doesn't hold up.
+
+This ultimately boils down to the Bitcoin community to fighting for and winning the right to choose whatever medium of exchange we want.
+Something that doesn't get mentioned enough are the people who make subreddits like this as great as they are.
+
+Let me tell you about my experience, 4 years ago I use to make decent money as an upcoming computer science graduate but as far as my spending was concerned I had lots of nights out, a nice car and holidays. I was never in debt but neither was my savings very high. Over the coming years I started to become a bit more sensible about my money after reading posts from /r/personalfinance and /r/ukpersonalfinance that had floated up to the home page or that I had found on google. This all made me understand the need of an emergency fund and how to invest any extra.
+
+Now that shit has hit the fan with this pandemic, this is the first time I've really seen the importance of my emergency fund and living within your means. My partner has been made redundant and I am at risk. Am I stressed? Of course. Am I pulling my hair out? No, because I have 7-8 months expense at my disposal and I know eventually I'll find a way to keep money coming in.
+
+So on that note, on behalf of myself and I'm sure many others, thanks to all those who have contributed to  /r/ukpersonalfinance. It might not seem it now, but over the next year your contributions may have literally saved lives.
+
+With all of this said. These are scary times and I really wish everyone the best of luck with what is coming.
+*I think we all knew this a while ago, but it was just reported again today;*
+
+​
+
+​
+
+Bill Gates has a short position against Tesla Inc. that would now need between $1.5 billion and $2 billion to close out, Elon Musk said Friday in a series of tweets.
+
+Musk said the position was $500 million and grew after Tesla “went up a lot.”
+
+When asked last year on CNBC whether he was short Tesla, Gates said, “I don’t talk about my investments.”
+
+Musk was replying to tweets after the close of his Twitter poll asking who respondents trust less -- politicians or billionaires. More than 75% said they had less trust in politicians.
+
+[https://www.bnnbloomberg.ca/elon-musk-says-bill-gates-has-multi-billion-dollar-tesla-short-position-1.1771644](https://www.bnnbloomberg.ca/elon-musk-says-bill-gates-has-multi-billion-dollar-tesla-short-position-1.1771644)
+
+​
+
+​
+
+(*like i said, i think most of us knew this before because it was first reported back in april*  [https://www.cnbc.com/2022/04/23/elon-musk-tweets-that-he-confronted-bill-gates-about-shorting-tesla.html](https://www.cnbc.com/2022/04/23/elon-musk-tweets-that-he-confronted-bill-gates-about-shorting-tesla.html) )
+
+[https://twitter.com/elonmusk/status/1517702987359133696?cxt=HHwWgIC5we20-48qAAAA](https://twitter.com/elonmusk/status/1517702987359133696?cxt=HHwWgIC5we20-48qAAAA)
+
+at what price did Bill Gates short tesla shares?
+ Hi everyone,
+
+I've seen posts from people who retired for a few months and eventually went back to work because of money/motivation/meaning.
+
+I've  experienced this myself: I took a break from work to recover from  burnout before I hit my full retirement number. So far it's been  extremely useful; I've been able to recover from burnout, explore  personal interests, and reflect on what I want to work on in the future.  I'll probably go back to work in some capacity, but I now have an  understanding of my goals and motivations that I wouldn't have if I had  continued to grind it out at my old job.
+
+My hypothesis is that a sabbatical is more effective than FIRE for helping people find meaning and enjoyment in their lives.
+
+**Sabbatical Pros**
+
+* Available much sooner than early retirement; only need cash to cover \~12 months expenses.
+* Better suited to time-sensitive goals like recovering from burnout, traveling, or raising a family.
+* Provides time and space to reflect on what is important to you and pursue aligned work.
+
+**Sabbatical Cons**
+
+* Still need relatively large cash reserves.
+* Potential to lose career momentum.
+* Pressure of having a defined runway/knowing that you will need to return to work eventually.
+* Loss of meaning, power, and social network from job.
+
+Put  a different way: instead of saving for decades only to discover that  retirement doesn't bring the satisfaction you thought it would, take a  short work break now to enrich your life and redefine your relationship  with work.
+
+Has anyone here taken a shorter work break to re-orient their lives?
+
+Has anyone here returned to work after they thought they had retired forever?
+See bottom for a tldr.
+
+​
+
+So I live in Belgium and as a freelance software developer I want to invest with money from my company. I will not dive to deep into the personal tax situation in my country but simply put: any money I take out of my company to pay myself gets taxed close to 50% (depending on the amount).Since I can pay a bunch of things with funds from my company(house, travel, restaurants, clothes, car,...) it's a lot more efficient to leave the money inside my corporation.
+
+So I read some books on how to grow that money and decided that something in the style of Ray Dalios all weather portfolio with global market index funds is probably the best way to go.I did some research and apparently my gov changed some rules that made it impossible for me to invest in stocks with corporate money. Here are the rules:
+
+\- There is a 30% corporate tax on any profits. Since early 2018, this also applies to gains from the stock market. Any losses are not deductible.
+
+There a few exceptions:
+
+\- Investments over 2.5m are taxfree (well, 0.74% in stead of 30%)
+
+\- Buying 10% or more of a company is also basically tax free
+
+(spicy detail, these rules were reverse until early 2018 but fuck small business it seems)
+
+\- Investments in a so called DBI-bevek fund is also free from the above tax.
+
+So obviously I did some research in the various DBI funds that Belgian banks offer. Results for 3 of the biggest banks :
+
+\- [KBC is the biggest bank, they have 3% frontload and 1.83% yearly fees](https://www.kbc.be/ondernemen/nl/product/sparen-beleggen/dbi-aftrek.html)
+
+\- [Belfius is second biggest. The links to their funds are dead](https://www.belfius.be/professional/nl/producten/sparen-beleggen/liquiditeiten-lange-termijn/fondsen/dbi-bevek/index.aspx)
+
+\- [Finally Crelan, they have 2.5% front load and 1.6% yearly](http://solutions.vwdservices.com/customers/crelan.be/screener/nl/Fund/BE6298866748-EUR)
+
+​
+
+So basically I can choose, either I pay 30% yearly tax on profits without deducting losses or I pay heavy front load with heavy yearly actively managed fees.
+
+​
+
+So my question is, what do I now?
+
+Do I start a holding company abroad and move my money there. This comes pretty close to tax evasion probably.
+
+Do I take the pain and just pay the actively managed fees?
+
+Do I invest anyway and hope I can hold any index ETF until the law changes? Taxes are only due when I sell.
+
+Do I invest solely in real estate? With investments in real estate the profits are taxed equally heavily but at least the costs are deductible(even interest on a loan is considered a tax deductible cost).
+
+Is there another option?
+
+**TLDR: Passive investing and individual stocks are basically not allowed in Belgium for small business owners. Do I take the pain of actively managed funds or are there alternatives?**
+There's an overwhelming attitude on this sub, that day trading consists of consistent execution of simple strategies. Most of us think we have figured out the holy grail of trading, but it's our execution that's lacking. I guess it's comforting to believe that success is within our grasp, but we just need to work on our psyche, and emotions, and discipline and what not.
+
+In reality, day trading is utterly complicated. Have you actually seen how the professional day traders go about their trading? I'm not talking about your YouTube personalities teaching you candlestick patterns, or the odd traders here who started trading in 2020, and lucked into easy money in a highly directional market.
+
+Real professionals routinely use order flow, footprint charts, gamma exposures, and absolutely understand the minute market profile. They have extremely complicated risk management practices, like hedging with options, and correlation trading. Great day traders can not only react, and predict the market, but also explain why the market reacted the way it did seconds ago. They don't resign to market manipulation by the hedgies, as an explanation.
+
+Yes your MACD+RSI might work today. Entering the lower time frame pullback on a higher time frame trend might give you great returns over the the last year. But in the long run just sticking to level 1 data, and candlestick patterns will never work for us. Take the time to educate yourself on market profile, and familiarize yourself with level 2/3 data. It's not the 80s anymore, where you could rely on just technical and pattern analysis.
+
+Daytrading is, for all intents and purposes, a zero sum game. For some of us to make big money, 90% of us have to lose. It's the cold hard truth, but not all us can be winners here. Most of us are starting out with very small accounts, so it's extra crucial we educate ourselves as much as we can, before blaming our poor emotions.
+
+*TLDR*: You can either keep it simple, and depend on market experience by going through years without consistent returns, OR you can put in the hard work now, familiarize yourself with market profile at a higher level, and actually start making gains. More than our discipline, and emotions, it's our actual strategies, and knowledge that needs work.
+I know this is probably not the right sub for it, but I've been part of the GME saga before the sneeze and I told my mom many times about it. I've made my mom a promise, and GME is a part of it. I don't look for karma. I just wanted to share it to the internet family.
+
+My family was always very poor. We often lived on one meal per day which was bread and ketchup (cause ketchup was cheaper than butter). Things got so tough, that my father became an aggressive alcoholic and eventually, after years, drank himself to death. At some point, it was just my mom raising me and my brothers. She was working two shifts just to make ends meet and the only break she had was when she was asleep. She never went on any vacation. She never bought herself anything pretty. Every penny she had, she spent on me and my brothers. She was swimming in debts, but she still did everything she could to make us happy. 
+
+When I was in my early teens, my mom took a loan to buy us a computer. We've spent days and nights with my brothers, playing games (of course sometimes fighting who's turn is it) and coding some stuff ourselves. Video games not only became an escape for me from the awful reality, but also a way to learn. It changed my childhood and perspective on things. With time I realized that this is what I want to do - create experiences.
+
+I've started learning design and some development at early age and it paid off. Considering the place I started, I think I got quite successful. Even though my mom still had debts and lived very poor, she always said she doesn't need much in life, and I should take care of myself or help others.
+
+There was this time when I saw a homeless man digging in trash. I asked him if he'd like to eat a lunch with me. We went to the nearest restaurant, had a meal and talked about his life and what got him to that point. He cried most of the time. He said everyone are treating him like trash and nobody wants to give him a chance. He said talking to me was the nicest thing that happened to him in years. I realized it was that easy to make someone happy and feel hope again. It felt good to have a positive impact on a stranger's life.
+
+I've started to do it more often. I also was helping some single mothers who were in a bad financial situation. I will admit I didn't do all I could, but I did something. I wanted to help on a larger scale, for families and people who deserve it around the world. Not by donating to some charity, but doing the work and giving comfort personally.
+
+Then GME happened. I thought it was a chance to do what I was born to do. Everything I had I've put into GME. Pretty much all my savings and was adding more every month. Yea I know "you shouldn't invest what you can't afford to lose" but honestly I didn't care if I lose. I was poor and I can get poor again, but if I have a chance to change people's lives, I'll grab it with both arms and hold as hard as I can. I told my mom something big will happen and I will be able to do a lot of good soon. 
+
+The GME squeeze was stopped. Few months later my mom was diagnosed with cancer. She fought as hard as she could, but few days ago her health got really bad. She was going through a lot of pain. I can't even imagine how she felt. 
+
+Today, as I was holding her hand for the last time, I promised her, that I will use whatever success I'll be blessed with to help others, wether it's the people closest to me, or the people I'll meet on my life's journey. I know I'll never change the world, but I can try to do as much as I can around me. She passed away few hours later.
+
+My mom always thought she didn't do anything meaningful in life....mom you gave life to me, and everything I'll do is thanks to you.
+
+I won't be waiting for GME to squeeze to do some good, but it's what will help me make a true impact. Despite all the crimes that are happening I still truly believe that this is the way.
+
+Stay strong brothers and sisters!
+
+EDIT: Thank you everyone for kind words! I've read every single comment and It really feels good to know that so many people for a moment though about my mom. I'm sure she would be very happy. I'll make it all count.
+It is generally advised that keep more of your money in Debt funds when the market is high and gradually shift it to equity funds when the market is low. But during the times of recession, there are liquidity problems and cash crunch. So wouldn't many companies default on their bonds and loans? So is it possible that if we wait for markets to go low, money in debt funds will be at risk?
+What do people use to track there FI journey?  I've like Mint a lot but have been thinking about using a pay service if there is something much better for <=$5 a month.
+
+
+[Link to the result (online Google Spreadsheet)](https://docs.google.com/spreadsheets/d/1ILhMfxUr7KvmwwYHfn4HZ9YibHfYdPSPJ9RgcwV-Vyc/edit?usp=sharing)
+
+So yesterday, I asked this sub [how you felt about your job](https://redd.it/8xaiig). How much happiness do you sacrifice by working, and do you feel like your current salary justifies that?
+
+I'll be honest, I didn't expect to get >100 responses but I have really enjoyed reading each and every one of them.
+
+Some of you [have it pretty good](https://www.reddit.com/r/financialindependence/comments/8xaiig/how_much_of_your_happiness_do_you_sacrifice_by/e2203i5/), while others [suffer quite a bit because of their job](
+https://www.reddit.com/r/financialindependence/comments/8xaiig/how_much_of_your_happiness_do_you_sacrifice_by/e22tow6) (this one made me laugh, actually. I'm super sorry!)
+
+All these responses inspired me to just go ahead and put it in a spreadsheet, which I now want to share with you again. I guess this is my way of giving back, as reading your answers really was fun and inspiring. If you commented on this post, then your answer should be somewhere in that spreadsheet. If not, then I'm sorry, I must have missed it. :(
+
+I think the graph itself is not that interesting, and there is probably a lot wrong with it (from a data perspective). All the data points are basically my own interpretation of your replies, some of which were detailed but more often than not less-detailed ;-) [Comments like these were pretty easy to chart](https://www.reddit.com/r/financialindependence/comments/8xaiig/how_much_of_your_happiness_do_you_sacrifice_by/e22nju4/). You can see everything I did in the spreadsheet I linked to. I hope you don't hate me for it.
+
+Also, I've changed the axes around, as mentioned by someone else. Your happiness sacrifice influences salary, not the other way around.
+
+I like how most of you simply tolerate your jobs (about half of the replies). You don't love it, but the money is good and it provides a means to an end. 
+
+This analysis also makes me appreciate my job more. Hell, I may still be in the honeymoon phase.
+
+By the way, please don't take this too serious. I just wanted to see how the r/fire crowd feels about their jobs, and had a little fun with your reactions. I might have gone a little too far, I don't know lol.
+
+Let me know if you have any questions! :)
+
+There is a divided opinion on how salary sacrificing into super is tax beneficial but unavailable, though many state that they would rather have more funds available to them now rather than have more money only accessible in their 60s.
+
+I'm one of these people but with the large amount of advice of people saying to max out super contribution, i'm curious to know if there is anyone who was like me thinking 'i'd rather keep the cash i receive to offset my loan/invest rather than keep it for 60 YO me.' and after years have changed their mind wishing they contributed more to their super from their later experiences or situations ?
+
+Also curious if anyone has changed their mind the opposite way, wishing they contributed less funds into super to have more available now.
+ [https://www.indexmundi.com/g/r.aspx?v=69&t=10](https://www.indexmundi.com/g/r.aspx?v=69&t=10)   
+this chart shoes that syria has the most people under poverty line 
+
+does that make it the poorest country ?  
+or we need to look at other indicators to decide ?  
+if so, what are these indicators ?  
+and what is the poorest country in the world right now ?
+End of Q4 2016 I get 1.0505706723
+
+End of Q2 2018 I get 1.0388465591 
+
+
+https://treasurydirect.gov/NP/debt/search?startMonth=01&startDay=01&startYear=2017&endMonth=07&endDay=31&endYear=2018
+
+That is my source for debt. I use Jan 1 2017 and June 29 2018 for this calculation
+
+Debt
+
+1/1/2017 19.935025T
+
+6/29/2018 21.195069T
+
+https://fred.stlouisfed.org/series/GDP
+
+My source for GDP.
+
+GDP
+
+End of Q4 2016 $18.979425T
+
+End of Q2 2018  $20.402502T
+
+Am I right in saying the GDP growth + inflation have allowed nominal terms GDP to be growing much faster than our debt despite huge increase in deficit
+Does the government make money on loans because of interest or does it eventually lose money because people are in debt and not paying it off, and because of inflation? 
+
+Could the government offer student loans with no interest? What would be the implications of this if it were to happen and strictly enforced?
+I have no mathematical basis for anything here. I don’t know the inflation rate so I'm not sure if this calculation is accurate but I think you understand what I mean right? Does burning $1T have a large enough effect that cause the money to become twice as valuable or more?
+Does burning money even work like this? I mean if I burned half of the money in the US would it become more valuable? Would it become more than twice as valuable or is the value of money based on supply in a linear fashion like that where burning half the money would make it twice as rare and twice as valuable? I think it would probably become more than twice as valuable though.
+[This](https://www.nytimes.com/2018/08/05/opinion/what-are-capitalists-thinking.html) opinion piece in the NYT from yesterday has a throw-away line about Keynesianism failing in the 70s. What failure is the author of the article referring to? Thanks!
+Are there any good papers or theories on controlling aggregate demand as a lever for economic growth? In a few cities now, significant raises to minimum wage have (counterintuitively, to some) had a very positive affect on employment and economic activity. 
+
+I am wondering if depressed purchasing power of large population segments inefficiently siphons purchasing power from potentially high-utility market activity. I am interested on measurements of where marginal returns would be increasing and decreasing. Just looking for some empirical data and vetted analysis.
+In particular, look at the Saw movie franchise. The first cost only a million and made 100 million. The rest all cost around 10 million (from Saw II until the latest, Jigsaw) and made an average of 70 million).
+
+Given that movies only take a few years to make, gettings 700% return on investment seems insane. What hidden costs aren't being reported? What's going on?
+I've been listening to podcasts more frequently and ran across "capital - isnt" podcast by a university of Chicago professor and a George town professor and I fell in love. 
+
+I was hoping to find other good high quality economic podcasts - some ideally dealing with the financial markets and some with a more political or international tint to them. 
+
+Any thoughts? 
+Are raising prices for wedding vs other parties/gatherings an example of ricardian rent/economic rent/rent seeking behaviour?
+
+I recently saw a Twitter post on how companies raise prices once you say the word "wedding" and happened to be the same day I learned about this concept of ricardian rent!
+
+So is this an example of it or do I misunderstand the concept, and how would you conduct a study on how much is ricardian rent (if this is an example of it)?
+
+Thank you!
+The current world is almost universally capitalistic and mostly free market. In such a world, before the rise of robotics, it seems that there will be a class of people who will own the capital/money and do nothing, while another class of people will work in jobs that needs to be done but no one is willing to do because they don't have the money. Jobs that are considered blue-collar or dirty like cleaning, guards, cooks, manual labor etc. Or in the extreme hypothetical situation, capitalists would have no jobs and relax all the time, while the rest will do all the work that needs to be done. 
+
+This is what seems to me. Ofcourse after the rise of robotics, things will change drastically, but under capitalism that has been so for at least the past 100 years, such a two class difference seems inevitable. Can someone confirm?
+This question is inspired by this news article: [Elon Musk seeks 10% job cuts at Tesla over ‘super bad feeling’ about economy](https://www.theguardian.com/technology/2022/jun/03/elon-musk-job-cuts-tesla-super-bad-feeling-economy-hiring-freeze)
+
+Is this just overblown, considering [how much Tesla staff numbers grew in previous years](https://www.reuters.com/technology/exclusive-musk-says-tesla-needs-cut-staff-by-10-pauses-all-hiring-2022-06-03/)? Is this merely a sign of problems at Tesla and not with the economy as a whole? Is Musk merely doing this to create negative publicity and drive certain prices down for his own advantage?
+
+Or do economists agree with Musk that the economy is about to go really bad?
+Has anyone ever theorised what an economy would look like if tax on earnings was 0 or negligible, and instead tax on goods was much higher with different bands of tax for different categories of goods?
+
+This way people would be taxed not on their earnings but on their spending habits.
+
+I'm not saying it's a good idea, I'm just looking for any research on it.
+My bf and I are missing our connecting flight because of weather delays. American Airlines won't cover a hotel (weather is not a covered as a reason for delay hotel comp) but my Chase Sapphire Preferred cc covers up to $500 for costs incurred. Weather as a reason for delay is covered. It can go towards lodging, food, and personal items you might need to buy (toiletries, ect). We both have this cc and used our points for the original flight, so that's $500 each! Now we have a free night at a great hotel in Chicago! :) 
+
+UPDATE: 
+First- No, I don't work for Chase, or any other financial institution. I'm just a happy customer that wanted to share some perks for having this card. We didn't even realize it was covered until we called Chase and they told us while we were at the airport. We are frequent travelers and use this card for everything, the points have been completely worth it for us. 
+
+The actual trip: so we booked our hotel in Chicago for the night since we expected to have an overnight delay based on what AA had told us. After 7+ hours of waiting to get on the plane they eventually cancelled the flight to Chicago completely since the crew that was going to fly us out were over their hours. We were trying to get to a wedding as a final destination, and AA couldn't get us there until the next day, evening. We cancelled completely since we'd miss the wedding and would have to get right back on a plane and come home that next morning. We did discuss in length (and read since we had plenty of time at the airport) all the fine print about the delayed flight benefit and know our hotel, ect would have been covered. There was a good amount of paperwork (they email you the form with all the information) and wait time for the reimbursement but that's not an issue for us. 
+
+Unfortunately I can't update on going through the actual process since our trip was cancelled completely. We were refunded everything (airfare, hotels), CSP cancelled the flight and requested the refund from AA since I had originally booked the flight through them. We were bummed to miss the wedding and were actually excited for the free night in Chicago but I'm glad we were able to get everything refunded to us via money or points (depending how you bought it, it comes back the same way). 
+
+Glad to hear CSP has worked out for so many people! :) 
+This stat gets thrown around a lot, but perspective would be helpful.
+
+EDIT: I am aware 10% is not a recession, but a correction.
+
+I misspoke and meant a 10% dip/general market downturn
+Edit: took to a few dealers for quotes. The highest I got was $30,500! Going to try carmax next. Thanks everyone.
+
+Edit 2: CarMax offered me $31k! $100 higher than book value in my area and highest offer I’ve received thus far. Thanks again. 
+
+I have a 2016 Toyota Tacoma in great shape with all the features and low miles. It’s value is around 30k, but since posting on Craigslist two months ago I’ve had maybe 2 interested and no sale. It seems that people don’t want to spend that much on a private sale they would rather pay a little extra and have a warranty and know it’s from a dealer. Is this normal? How do people sell their higher priced used vehicles? I included good pics and details, updated the listing, and have interior shots as well. Thanks.
+"Bitcoin also can be seized or stolen. During World War II, the German government relied on a code called Enigma that its mathematicians insisted was impossible to break. The British famously broke it, basically by figuring out the password. That’s also how the federal government apparently recovered part of a Bitcoin ransom payment worth several million dollars from hackers who took down the Colonial Pipeline and blackmailed its owners this year."
+
+https://www.nytimes.com/2021/09/14/opinion/bitcoin-el-salvador.html
+
+Bitcoin can't be seized if secured properly. 
+
+Another crappy New York times editorial spreading lies and FUD about Bitcoin. Fiat statist media seem to be increasing the tone of FUD about Bitcoin to promote their agenda.
+I don't get bored. I keep playing until I win.  It took me 13 years to beat the final bowser in Super Mario 64. But I beat him.
+
+That's our generation. Boomers like to point at us and say "You're spoiled, you just want everything now, and never want to work!".
+
+Newsflash western civilization boomers! You had the world handed to you on a silver platter by the greatest generation who fought and won against the most hideous horror state the world had seen!
+
+You had college tuitions at the price of a part-time summer job! And a used car to boot from a bit of overtime.
+
+You could afford to marry your highschool sweetheart at 22!
+
+You bought a house at 25!
+
+You have pensions, and traveled the world on them.
+
+Millenials aren't impatient. We're exhausted.
+
+Many have fought in a global war that's lasted over 20 years. Lost friends, family, and... themselves.
+
+We will be paying interest on student loans well into our 30's, maybe 40's, some may never pay off their student loans. A used car? Hopefully your city has decent public transit, but probably not. There's no money in improving public transit for corrupt municipal boomers.
+
+A wedding at 22? We're still drowning in student debt, and about to take on more for further education because a bachelor degree isn't special. That sweetheart has moved away for work or school, and moved on.
+
+We rent housing, and never own. Because we either don't trust the real estate market, or we never spend enough time in an area to put down roots. We're required to relocate for work, and you gotta chase it if you wanna make those interest payments.
+
+A pension? Don't make me laugh, we'll be working until we drop dead.
+
+So yeah. I'm thinking, we're gonna be here and HODL GME for a lot longer. Because, we don't get bored, and we don't give a fuck.
+
+💎🙌🦍🚀🚀🚀🌕
+_____________________
+
+Edit: Thank you all for sharing. It takes courage to share what you have been through. I'm reading every comment here, your experiences are inspiring and you are all friends in my eyes. Hang in there.
+
+🤙🤙🤙
+> Kelli Durkin, Senior Vice President of Customer Care – Ms. Durkin, who previously served as Chewy’s Vice President of Customer Service, has a start date of March 1, 2021. She helped establish the world-class customer service operation that positioned Chewy to achieve a Net Promoter Score of 86 in 2018. In her new role, Ms. Durkin will oversee all customer service and engagement initiatives at GameStop. 
+
+https://news.gamestop.com/news-releases/news-release-details/gamestop-appoints-chief-technology-officer
+
+I’ve been super stoked about Mama Kelli’s start, I think we can start expecting some substantial moves in GameStop’s org structure with Mama Kelli at the helm. Every customer is gonna feel so serviced even boomer Sherman can get a chub.
+
+> Josh Krueger, Vice President of Fulfillment – Mr. Krueger, who previously held senior fulfillment roles at Amazon, Walmart, and QVC, has a start date of March 1, 2021. In his new role, Mr. Krueger will oversee the management of e-commerce fulfillment centers.
+
+Josh joined too, hopefully they can actually keep the graphics cards in stock
+
+Edit: to the anonymous retard that gave me like 25 rewards - thanks. And you’re also retarded for not spending that on stonks
+I just watched The Big Short and the obvious plot of the film is that there was this huge unstable part of the economy that no one noticed until it was too late, and it caused a big crash. In your opinions, what is the *current* potential candidate for causing the next crash? 
+Hello all,
+
+First off, forgive the username, I created it in college.
+
+About a month ago my private money lender helped me buy my first "commercial" property.  I'd like input on whether you guys would flip or hold.  I'm leaning more towards flip.  Here are the details:
+
+The property is a self serve car wash.  It's the only piece of "commercial" real estate in an otherwise residential area.  However, it's right off of a high traffic two lane road.  You have to drive a mile+ up the street to the next car wash, which is an automatic/full service listed for 1.3m.  The local residents love mine, it's older than the surrounding homes so it's a piece of the community.  The "backyard" pressure wash and trash can if you will.  
+
+The property was purchased for $170,000 from an old man who owns many of these 6 bay self serve washes.  It was just another blip on his radar.  
+
+Average gross annual income over the last three years has been $32,453.  Operating expenses average $15,520 and NOI $16,933.  These are just the numbers the previous owner had.  My calculations indicate it cash flows \~$1300 a month, but the previous owner said it was more like $1700 (it's a cash business, basically a glorified vending machine).  It does hit $1700/month, but before I put quarters in the change machine, which he didn't count as an expense and I haven't really kept track of.  I just make sure there's always \~$400 in there.
+
+Simply put, it's the only property in the area for less than $200,000 that CASH FLOWS $1300+/month.  You could buy a $170,000 single family home in this area, if you're lucky rent it out for $1500/month, and maybe cash flow $200-$300...  I guess $700 if you don't have a loan or something.
+
+Anywho, since I've owned the property I've managed it for a few hours a week, buying vending supplies, changing out chemicals, cleaning up trash, collecting cash/quarters and taking money to the bank.  I paid a car wash mechanic from down the street to change out some old hoses, guns, nozzles and to put some new light bulbs in the otherwise dark at dusk bays.  I could've done it myself, but... I have other things to do and I want it done right the first time.
+
+She's getting a fresh coat of paint this week, and I have a new vacuum that's going in soon too.
+
+Here's the catch... the property is 50 minutes away from my home, or more with heavy traffic.  It's been a month and I'm already tired of driving out there once or twice a week.  I have to manage a small business every week, so it's not really passive income.
+
+I figure with the few touch ups I've done or am doing this week (lights, paint, vacuum, hoses, guns) I can sell it for around $250,000.  If it makes around $2500/month gross that's fair right?  I feel like I bought it under market value anyway.  Unless the old owner was right with the \~$1700 cash flow being 10% of the property's value.
+
+I already have a local interested who just retired.  I was changing out some products in the vending machines the other day and he pulled up to chat.  He told me his sons own a small detailing company and they're interested in buying or leasing the place.  I could easily lease it to them for $2000/month and they assume all responsibility.  They can take care of everything, and as long as their detailing makes \~$500/month they should be profitable.  Most detailing places make at least 2k a month right?
+
+My loan is $140,000.  I'm pretty close with my private money lender so he put up $180,000 cash ($170,000 for the property and $10,000 for reno and other costs).  I put $40,000 down out of pocket, so I'm paying him $700/month principle and $300/month interest.  The fact that we paid cash helps because not even the city knows how much it was sold for...  70% of the ARV? :)
+
+I would much rather sell it for $250,000, making around $70,000 and move on to the next deal with $110,000.  I could also keep my money tied up in the property and make $1000 truly passive income every month if I lease it to these guys.  Either way it's a blessing this guy pulled up cause he's right down the street, retired and his sons could help take care of the place, I think he's the perfect person to sell or lease it to.  Then again I've also had two other people ask about how much I would sell it for in just the last month.  Stick up a sign and see who bites?
+
+Maybe lease it, then sell it for even more because it's making even more income?  Not sure.  I think $250,000 is the perfect number for someone to buy it quick and I can stop driving 4 hours a week to a single property just to work for a few hours.  All the surrounding homes are worth $200,000-$270,000.  
+
+If you made it this far and have any experience with small commercial real estate please give me advice!
+I am looking at a marketing package and am looking to develop a framework/system for finding the value add opportunities in the deal. 
+
+In the marketing package, I am looking at right now all 4 units are 1 bedroom/ 1 bathroom with a front and back door and balcony space.
+
+In total the property commands 3340 Sq Ft - Which equates to 835 Sq Ft Per unit. I know that this means I can add another bedroom because bedrooms are typically 200-250 SQ Ft. 
+
+I believe 2-bedroom units are always more in-demand, easier to rent and the difference in rental income is very significant.  It takes a very insignificant amount of time and money to paint 1 more bedroom.
+
+Overall - I am looking to develop a framework for the top elements to look at in these marketing packages that I can identify as value add opportunities.
+
+I hope this all makes sense - Thank you in advance!
+https://www.creditsesame.com/blog/mortgage/5-reasons-why-a-20-year-mortgage-is-a-great-option/
+
+Read that article which brings up some great points.  20 year mortgage seems like the best option to me.  Per the article, it’s only 22.3% more expensive then a 30 year mortgage per month and you immediately begin to build more equity.   As the article puts it, you get 2/3 the benefit of a 15 year mortgage at a much reduced cost.  
+
+Any downside or hazards to the 20 year?  It’s not very popular, is there a reason for that or just because it’s unconventional?  
+Hi my friend lives down in Nowra NSW, and has built a new house there. One of his neighbours is telling him that he has to pay half of the fence price which was built by the neighbour prior to my friend ever moving in. 
+
+ He is a super nice Indian Australian lad, and I am worried the neighbour is just trying to rip him off. I was wondering if it was like buying a car and finding out it has finance owing.
+
+
+Addit: thanks for all the help. He has spoken to some sort of legal team now who are telling him he doesn't need to pay it. He read through all the posts today and checked out a few of the options.
+This will hopefully be an interesting post to look back on in 12 months.
+
+By December 31, 2022:
+
+House price growth in Sydney of 11%
+
+All ords at 8600
+
+Official RBA interest rates unchanged.
+
+What are your predictions?
+
+Have a great new year!
+This is a bad thing right? Especially if the FED cuts rates again in two weeks?
+
+I mean it can’t be a good thing when it’s down 25+% in 25 hours. 
+
+I just am unsure of what the outcome of it will be?
+**Earnings Watch:  Nearly half of index, 14 out of 30 companies, expected to report  holiday-season results in busiest week of the season, which also  includes Facebook, Tesla and Amazon**
+
+The Dow Jones Industrial Average increased more than 22% in 2019 and  is already up 2.2% through three weeks of 2020, but it is about to face  its biggest test of the young year, and potentially many years.
+
+Nearly half of the 30 Dow  [DJIA, -0.58%](https://www.marketwatch.com/investing/index/djia?mod=MW_story_quote) components are scheduled to  report results from the holiday season in the coming week, which will be  by far the busiest week of the earnings season.
+
+There are 14  Dow companies expected to report, the most companies from the blue-chip  index to report in a single week since at least 2014, a group that  includes two trillion-dollar market caps in Apple Inc. [AAPL, -0.29%](https://www.marketwatch.com/investing/stock/aapl?mod=MW_story_quote) and Microsoft Corp [MSFT, -1.01%](https://www.marketwatch.com/investing/stock/msft?mod=MW_story_quote) Plenty of non-Dow  companies will throw their numbers in as well — 141 of the S&P 500  companies are expected to report, including Facebook Inc. [FB, -0.83%](https://www.marketwatch.com/investing/stock/fb?mod=MW_story_quote), Amazon.com Inc. [AMZN, -1.22%](https://www.marketwatch.com/investing/stock/amzn?mod=MW_story_quote) and Advanced Micro Devices Inc [AMD, -2.63%](https://www.marketwatch.com/investing/stock/amd?mod=MW_story_quote) 
+
+The 85 members of the S&P 500 that have reported results thus far  have seen net income fall by 0.3% on average from a year ago, though  Credit Suisse Chief U.S. Equity Strategist Jonathan Golub said it’s  tough to make broader inferences from early reports given different  sectors tend to post results at different parts of the earnings cycle.  More than a third of S&P 500 that have reported so far sit in the  financials sector, which could skew those results.
+
+The  FactSet consensus currently calls for net income to fall by 1.9% for  the S&P 500, based on a blend of reported results and analyst  projections, which would mean [the current earnings recession ](https://www.marketwatch.com/story/earnings-recession-is-expected-to-swallow-all-of-2019-after-holiday-forecasts-disappoint-2019-11-22)would swallow all of 2019’s results.
+
+Here’s what to watch for in the week ahead. 
+
+[https://www.marketwatch.com/story/the-dow-is-about-to-face-its-stiffest-test-in-years-2020-01-25](https://www.marketwatch.com/story/the-dow-is-about-to-face-its-stiffest-test-in-years-2020-01-25)
+I've been a member of this sub for a few weeks now, and I'm always interested to see how often Vanguard is mentioned in posts. Literally any post about investing, pensions etc comes with several people recommending Vanguard - and lots of people asking for advice are saying "I'm thinking of putting my money into a Vanguard fund".
+
+For clarity, I have no problem with or criticism about Vanguard (no opinion either way) - I'm just curious as to why it's so frequently mentioned when there are [literally hundreds](https://www.advratings.com/top-asset-management-firms) of other fund managers out there, none of which seem to ever get mentioned by name in this forum.
+
+Is there something very particular about Vanguard that makes it so popular here, or is it just the echo-chamber effect? Is it just because it's the biggest (in terms of AUM) after Blackrock?
+Hi Guys!
+
+​
+
+Wanted to see what you guys thought of these 2. I have a account with TD already for my growth portfolio due to the 9.99$ fee, but I wanted to create a small account for day trading
+
+​
+
+​
+
+I did my research and watched some videos comparing them and wanted to get your guys input. I am looking more at questrade due to their low fees. I was going to use it for higher prices stocks (25-50$ range) for day trading. Thanks for the help guys
+Just curious what people consider a reasonable return on investment for selling options in general.  There are many posts here describing 10% return as too risky and doomed to inevitably fail.  There are also many posts of people describing their situation after going underwater from large moves on the underlying.  
+
+Considering right now you can get a 1 year bond with 3.9% yield for literally 0 risk, I’m just wondering what people generally expect as returns when taking a “low risk” approach to options selling.
+Hi all, this is currently with the FOS however they told me it would take around 9 months to get to my case so…
+Before I delve into this I would like to point out that I’m 28, I’ve grown up with the internet and  I understand what to look out for to avoid getting scammed. I never thought in a million years I would fall victim to one. 
+
+
+Back in august last year I was looking to rent a supercar for the weekend. It’s always been a dream of mine to have a Lamborghini and I got to the point in my finances where I could afford to do this (at least for the weekend). I had looked at many different places and had contacted a few companies, checking companies house, ringing them up, checking social media posts and online reviews. I finally settled on one that I had seen advertised, contacted them on Facebook, they messaged me to call them and discuss what I wanted to do. 
+After the phone call, I placed a £500 deposit to secure my date - this was done via bank transfer to a business account, didn’t even give it a second thought since it was a business account with a similar name. The agreement was £3000 for the weekend and £3000 security deposit should you curb a wheel, scratch something etc. 
+
+
+The person I was dealing with kept in constant contact with me through WhatsApp, sending me emails and invoices with the money paid. Around 2 weeks before the date he has contacted me to say that the insurance company that they use were having issues because another car they rented out was written off so they wanted the deposit upfront to “prove they could cover the costs” a red flag but everything had sounded very legitimate so far and the guy had assured me if at any point I felt uncomfortable or wanted to pull out I would receive a full refund. Again, I thought I was dealing with a legitimate company so this had not aroused any suspicion. 
+
+The £3000 was transferred and the remaining £2500 was paid a week before the date.
+The day arrives and of course, no one turns up, I call the guy I’m dealing with and he’s incredibly apologetic, blaming the people driving up to me for not setting off early enough and they would be there soon, it gets to 2pm and I say to him that I want a refund as I ordered this for the whole weekend, not for a day and a half. He agrees, again very apologetic and agrees to refund and have another weekend free of charge to make up for the error and he doesn’t want to lose a customer. Again, keeps in constant contact with me via WhatsApp and phone calls. 
+
+The next weekend arrives and of course, no one shows up again, I can’t get in contact with him so at this point I ring Santander and say that I believe I’ve been scammed. They put a freeze on his account whilst they do their “necessary checks” the guy calls me on Monday morning once again apologising for the weekend and saying his phone was “playing up” at this point I’m not really listening to him as I know he’s scammed me however he never argues, was very calm and explained that he can’t process the refund as there is a block on the account however as soon as the bank do their checks and unfreeze the account it will be done straight away. 
+Santander ring me a few days later and conclude that it is a legitimate business and unfreeze his account.  I then go back and forth with him for weeks about the refund, talking about delays and the bank still having issues refunding it. 
+As it so happens, whilst this was going on back and forth, I make contact with the company again and get through to someone else who tells me the person I was speaking to has never worked there. 
+I felt physically sick. They said they were aware that this person has been scamming their customers out of funds and they had no idea how he was continuing to do so. 
+As it turned out, he had somehow intercepted their Facebook messages, redirects people to his personal phone and pretended to be that company. 
+
+
+The person at the real company wrote a very lengthy email to Santander explaining what had happened and how the person had intercepted and imitated their company. However when I contacted Santander about it, they refused to refund me as they said I should have checked out the business account it had been transferred to. The business accounts name was something along the lines of “Uk Supercar Hire” and I had rented from a supercar company so it hadn’t even crossed my mind that it wasn’t linked. 
+Also, Santander had done the checks their end and had concluded it was a legitimate business (the uk supercar hire one), however the company they looked into had dissolved in 2017, and no longer trading so how could they had concluded it was a legitimate business?
+
+Sorry for the wall of text but I feel I needed to vent, there was a lot more in depot conversations on the WhatsApp but that was the general gist above and it would take forever and a day to type out. 
+
+The matter is currently with the police as (as it so happens) the contact I have in the police interviewed the exact same guy 4 years ago for the exact same crime but with a different company and they couldn’t press charges as there wasn’t enough evidence
+
+Long story short - I feel like Santander have wormed their way out of this by blaming me for not checking something that I doubt many people would ever think of checking and concluded a business was legit even thought it was dissolved 4 years prior.
+So about 4 years ago I canceled my account with comcast and when i canceled they claimed I had a cable box which I clearly never had. So they sent it over to collections and it of course showed up on my report. After I disputed the claim and spoke with comcast it was removed. 
+
+Fast forward 5 years. Just this morning I had to submit a dispute for the 7th time! Every 6 months or so this account shows up on my report from a different collection agency! Each time it does get removed but it has become a huge pain. Any tips on how to get this resolved for good? I have spoken with Comcast and the lady their said they no longer have any information about me in the system so there was nothing they could do from there end. 
+
+Also, first post in PF and want to say this subreddit has helped tremendously over the years! 4 years ago I was in the low 500's after a divorce and now in the mid 700's and the only dept I owe is to a mortgage that is on course to be paid off in 10 years from a 15 year mortgage. 
+
+Edit: Thanks for all the awesome ideas. I guess I will be writing a lot of letters and going from there. 
+
+Now that my credit cards offer free credit score tracking, in getting a real time view of how bad there credit score system is. Not only do the guidelines which are supposed to be used not reflect a person's ability to manage money and debt, they're often completely ignored or interpreted backwards.
+
+Here's one piece of nonsense: I'm 40. My oldest account is 22 years old. That's considered average. It's literally the fucking maximum. 
+
+Here's another: my score went down by 18 points when I paid off a credit card. That's exactly what was recommended to raise my score.
+
+I get that my current employer hasn't been updated in the five years since I switched jobs.
+
+I don't get how my credit report lists certain accounts as 30 days past due while also reporting that on time record for that account is 100%.
+
+Fortunately, my score is reasonable and I'm not depending on it for anything right now.
+
+Anyway, credit reporting agencies are incompetent on multiple levels.
+Just consider it a nice software patch to your already owned tokens. When the change happens, sit back and relax. You will automatically be the proud owner of ETH 2.0
+# Stock is $1.40 currently
+
+# 
+
+ What's up guys. The stock that I'm trading tomorrow morning is called BHAT. Honestly I have no idea what this company does but the charts look great. My cup & handle Target on the weekly chart is $2.20
+
+I went back in the charts and realized that if you measure the latest bullish trend on the weekly chart, that is where the price target of $2.57 comes in, it's the 127 Fibonacci extension on that last bullish trend. Stop loss is $1.20, risk accordingly. I'm gonna get in for standard 2% risk 
+
+https://preview.redd.it/6tf5i8usuhm61.png?width=1828&format=png&auto=webp&s=73d8d4182f3d056bfdb942f7ebf8ed2d4876cf50
+Long story short, the place I used to work went into liquidation. They owe the bank ~$4 mil and only have about $1.5 mil in assets. So the bank will get all of that and everyone else gets nothing.
+
+I applied through the government’s Fair Entitlements Guarantee for my redundancy and annual leave I’m owed, but they don’t cover the super I haven’t been paid.
+
+I am owed ~$1,600 in super. Is there anyway for me to recover this or is it just bad luck and its gone?
+Many people making 100k salaries assume they will just work part time and still bring in a nice wage. Unfortunately we know that is incredibly rare. 
+
+Does anyone know of any part time jobs that do pay well? 
+I've tried to look up about inflation and couldnt find anything that helps me with this worm in my head.  I'm trying to figure out if I should factor in the possible inflation in the economy into my decision making process while I'm thinking of an investment.   I want to understand what kind out relationship do equity/debt/commodity markets share with inflation. Direct, inverse or is it complex ? 
+
+Sy I understand GDP directly reflects the growth/lack of it in the economy. And that's good for everyone. Can't say I understand the same about inflation.
+
+Any simplified explanation of "inflation on investemt" would be much appreciated. 
+# Hey my beloved apettes and apes!
+
+Following you'll find a summary of a few key facts as I understand them, please review them and let me know if there's any misunderstanding on my side. Because I value your time I'll keep it as concise as I can. 
+
+* The float is sold out [multiple times](https://www.reddit.com/r/Superstonk/comments/mwskkv/retail_easily_owns_100300_of_the_remaining_float/) over, right?
+* GME ist [hard to borrow](https://www.interactivebrokers.com/en/index.php?key=gme&_page_id=4587&cntry=usa&tag=&ib_entity=&ln=&asset=&f=4587&conf=am&amref=1), right?
+* OTC-lit market HFT trading does nothing to the price because of [NBBO](https://www.reddit.com/r/Superstonk/comments/nhtg1p/the_nbbo_best_price_is_only_determined_by_round/), right?
+
+So it's very likely, that the only way for them to supress the price is to keep creating more predatory synthetic stock dilution. This cost them the required options to marry the puts and calls but as the resulting counterfeit shares are fake, it's not affecting the SI - who would they pay it to anyway? By using the cheapest available options for those counterfeits, the cost drain might also not be that massive compared to their liquidity. 
+
+So the main problem for them is to keep enough collateral - IF they are reporting the ammount of counterfeits correctly. But why should they? I'm sure they found loopholes there so they keep the true ammount of fake shares secret. 
+
+Assuming all that, what could any blooper, news or anything other than a forced buy-in do to make them cover the shorts? Nothing! Instead, [creating all this hype over a CNBC blooper can be very damaging to our cause](https://www.reddit.com/r/Superstonk/comments/nrjcpo/media_theorist_here_lets_talk_about_how_to_talk/) by driving awareness, clicks and revenue to MSM outlets and distract from our goal. Hence I implore you: STOP POSTING MSM CONTENT!! NOTHING THEY DO WILL AID US!!
+
+Although there are signs that the hedgies are struggling more and more to keep lid on the kettle, we do not have any robust reason to believe the MOASS is going to start anytime soon - except it is forced. So what could force the big squeeze?
+
+[We like the stock](https://preview.redd.it/1pp8ln7qxf371.jpg?width=400&format=pjpg&auto=webp&s=a37eee3cb6991f489a0ced614e9470c1a09baff5)
+
+* Share recount
+   * Initiative by the stock issuer themselves - RC could order it if possible.
+   * Not sure if there is a legal way to force this. I really doubt it because hundreds of other firms would have tried something like that before they got liquidated after being shorted to death. 
+   * But maybe that's why every vote counts  - if the result exceeds the issued shares by enough, there might be a way.
+* NFT dividend
+   * Initiative by the stock issuer themselves - RC could order it as soon as possible.
+   * As this is a very nice mechanic and GameStop is uniquely good prepared with their NFT project, this might be the silver bullet. 
+   * Overstock paved the way legally.
+* DTC-005
+   * Initiative by the clearing houses. DTCC is owned by the banks and hedgies they clear so they are not incentivised to be pro retail at all.
+   * This would require them to mark lent shares, in theory making predatory synthetic stock dilution impossible. I mean, who would mark stocks improperly? 
+   * It might be that this is only for future shorts. In my opinion it's unlikely that they go after already existing fake shares with this because this would possibly blow up their FTD warehouse.
+
+So the most powerful trigger might be the dividend. Executing this might be complicate though, depending on how the digital currency works. Maybe some kind of account suffices, maybe there's a lot of additional work to do to couple it with international retail shareholders. 
+
+In any case, please do not fall for hype narratives that are not grounded on logic. It might be an angle to try to emotionally exhaust us - even though that didn't exactly work in the mast six months, did it? 
+
+So please, fellow apettes and apes, let me know: 
+
+* Where are my errors in reasoning? 
+* Did I overlook any key facts?
+* Should we expand on some points?
+
+**TL-DR:** Please do not focus your hype on MSM smoke screens, keep your eyes on the target. Shorts won't cover until they are forced to and a NFT dividend could be the most powerful way to do so.
+
+Edit: Thanks for the awards and kind words! 🥰
+I know that these kinds of posts aren't well received here and usually get downvoted to oblivion, but please hear me out anyway.
+
+I've been an avid Bitcoin investor since November 2013. Some say that was probably one of the worst times to enter the world of Bitcoin and I agree to an extent, but that's not what this is about. Everyone who invests in volatile assets should be at peace with the possibility of losing money. Yes, I've lost money, and yes, I wish I hadn't, but that's not what concerns me in the long run. This is basically about the fact that I think that Bitcoin will never really have a future where it is treated like a serious currency.
+
+Let me just say that I do believe that Bitcoin is probably one of the most amazing technological inventions in the recent history. It is easy to transact with, it is anonymous to a large degree, it enables immediate transfer of value between any two actors in the world, it cannot be confiscated by authorities etc. It truly has the power to change how we think of money and value in these modern times. The upside for personal and financial liberty is simply astounding.
+
+So if Bitcoin is so great, then the question is why am I divesting?
+
+The answer is that people just don't care about it. They just don't. The price has been on a constant slide downwards for three straight quarters now, and this is despite the overall increased merchant adoption and relatively good press. Almost everyone has heard of Bitcoin by now and when asked what they think about it, they usually think it's a scam or some kind of failed internet money.
+
+Someone here once mentioned an analogy with a pig and gold: if you put a bar of gold before a pig, the pig won't see any value in it and it certainly won't know how to use it to improve its life.
+
+I don't want to refer to the majority of people as pigs, but the analogy still works. No matter how amazing and revolutionary Bitcoin is, most people just don't understand it, don't care about it and certainly don't see any value in it. They are ok with using their credit cards, government issued paper money and occasionally stocks. If a hyperinflation ever happens, they will get their wheelbarrows and deal with it then and there. As much as I want Bitcoin to have a bright and successful future, I think it's ultimately a misunderstood technology that requires a person of certain intellect and education to be able to appreciate it. Your average Joe Sixpack doesn't know what inflation is, doesn't have a problem with central banking and Keynesianism, and certainly doesn't have any major issues with the way the government does its business.
+
+When everyone is irrational and constantly mispricing something, as a rational actor you have to take that into account. I don't think humanity as a whole will suddenly have an intellectual breakthrough tomorrow. With that in mind, I am adjusting my position accordingly and will keep only a small amount of my wealth in Bitcoin from here on out. The risks are simply too great and the downside looks much bigger than the upside. I think it has had its day with the internet population (that's what ultimately brought the price where it is), and that any further adoption will be very hard at this point. The price appears to be reflecting that.
+
+Thanks for reading and be careful with your money. Wealth management is hard.
+My son has been on disability since birth. Really don't need the money but we need the medical card.  He has tons of medical issues. We really can't live with out it. He is literally our multi million dollar baby. We can make more monet than what the state gives us but we are limited to what we can make each month because of the MC. We can't save money or have any assets in our name. We can only have 1 car (paid off) but can have another (as long as it's being financed). My wife and I meal plan and budget tighter than most. We also have another child (healthy). I'm just stuck. Every time I think I can figure out a way to have some kind of extra funds or equity to pay off debt,  I run into the unforgiving brick wall that is SSI. ANY ADVICE WOULD BE MUCH APPRECIATED!!!!!! Just struggling parents trying to provide a better life for family.
+
+Edit: Follow up question. Are there any assets that you can legally have while still dealing with ssi? I looked into life insurance and we can only have a $1,500 face value in it. My wife and I. Combined. Where  the H-E-🏒🏒 in the world is that gonna put 2 ppl in the ground???
+I realize this is as tinfoily as it gets but there are some coincidences stacking up that make me think this is at least a possibility. Cohen is obsessed with long term share holder value and delighting customers to achieve that end and he is about have a huge new base of customers participating in their marketplace. IMX is beginning to launch games in coming days/ weeks with at least 2 triple AAA studios coming on bears and 1 of those being playable in the next 6 months. These games will all have their own micro economies where users will generate and trade real value assets in the form of LRC and IMX (so far) both operating on ETH.
+
+Gaming is a growing industry and it is very likely crypto will be in some form in the medium and long term. They have a symbiotic relationship where as one increases it brings more value to the other. Cohens vision for transforming the company has made the very intentional decision pioneer into the crypto space with gaming to an existing userbase of more than 50 million. Using LRC and IMX (so far) both operate on Ethereum and incentivizes holding either ETH or tokenized securities and economies operating on ETH.
+
+ If participating in these ecosystems creates more value, more people are going to flow into both overtime. Users will be financially rewarded for participation in the system as they play and create (power to the players, power to the creators). Gaming and GME may be the trojan horse to crypto going mainstream and taking a larger and larger slice of the pie from traditional finance over time.  Getting actually paid for **fucking** **gaming** (what a time to be alive, am I right). On top of that Loopring has a patent on a de-fi exchange that:
+
+"[relates to the use of stable value digital assets and/or fiat-backed digital assets as cryptocurrencies that can be linked to other digital assets using blockchain technology](https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=2&f=G&l=50&co1=AND&d=PTXT&s1=Loopring&OS=Loopring&RS=Loopring) ".
+
+ Oh, and they just partnered with  FTX a crypto derivatives exchange. Does this not jack your tits!
+
+The most pressing hurdles facing cryptos widespread adoption imo have been:
+
+1. Cost to environment (Solved with merge - ETH went from causing 2% of the worlds global electricity to less than 0.001 percent as of today)
+2. Difficulty to use (Solved with the ongoing launch of GME marketplace/ crypto as they handle everything on the backend and incorporate to mere clicks away from their traditional web 2 digital stores.
+3. Utility (Gamestop and partners not only bringing digital ownership of assets to the masses through gaming economies and securities in the near future, but all operating on t+0 with real price discovery).
+
+If GME is betting on crypto and especially Ethereum they have placed themselves in as one of a few unique companies at the spear head of cryptos rise and mass adoption.
+
+As an added coincidence Matt Finestone, now former head of GME blockchain said just days ago as he exited the company :
+
+"[I will always care deeply about this project, and will cherish watching it advance.  I plan to continue working within the Ethereum ecosystem, and return closer to the protocol/infrastructure level. There's never been a more exciting time to be an Etherean."](https://twitter.com/finestonematt/status/1569316436354506752)
+
+Now, just after the merge, he tweets out 
+
+["Ethereum is the most exciting phenomenon on the planet, and is just getting started."](https://twitter.com/finestonematt/status/1570313498630012930)
+
+Matt has been instrumental in the development of Loopring and Gamestop's NFT marketplace, and I doubt he intends to his prior creations and contributions go to waste. It is incredibly bullish that he has left right as both the merge and GME begin to rollout the gaming side of their launch. 
+
+Gaming is cryptos trojan horse to traditional finance and GME is bringing it in on a silver platter.
+Repost from /u/Particular-Wedding 
+
+If you use 13F filing data in your investing research then please take a few minutes to read this important message.
+You may have already seen the SEC proposal https://www.sec.gov/rules/proposed.shtml?__s=cvwgmhfkxsnsnrbvs6py to dramatically raise the required reporting threshold for 13F filings.  
+
+This proposal would change the AUM threshold that investment managers must meet every quarter from $100 million to $3.5 billion!  
+
+To put it in perspective, for the most recent quarter, that would reduce the number of funds that disclosed their holdings to the public from 5,283 to 549 or almost 90% of all filers.  $2.3 trillion in investment holdings would no longer be disclosed to the public resulting in loss of transparency and valuable insight.  When Congress first adopted Section 13(f) it did so to “stimulate a higher degree of confidence among all investors in the integrity of [the US] securities markets.”  Taking this data away will have the opposite effect.  Transparency is what gives investors confidence in US markets.
+
+One SEC commissioner, Allison Heren Lee, has already voiced her opposition to this proposal.  https://www.sec.gov/news/public-statement/lee-13f-reporting-2020-07-10
+The proposed rule change would be a loss for all of us - it would enable more corruption and opaqueness.
+
+The SEC should be pushing for more disclosure and transparency and not rolling back existing rules. This can only hurt small trades/investors and provides little to no benefit or savings.
+
+Comments are already pouring into the SEC.  I am urging everyone to please post a comment on the proposal to the SEC site linked below.  Why should we care?  How are we impacted by this?  Below are some issues to raise.  Please mention them in your comments to the SEC and to your representative in Congress:
+Raising the reporting threshold to such a high number will reduce public companies' opportunity to know more about who their shareholders are.
+​
+ 
+
+-	The “justification” for the rule change is highly questionable.
+-	When is less transparency and less data ever a good thing for the small investor
+-	Some investors may want to avoid over-owned stocks, believing they have a high level of risk. This rule change greatly reduces individual investors ability to reduce their risk.
+-	In the event of a significant correction the number of reporting managers would be diminished even further.  The S&P suffered a 56.4% decline during the 2007-2009 financial crisis.  A similar event using the most recent quarter as an example, would have reduced the number of funds by another 31% at a time when such data is needed even more.
+
+SEC Comment Page:  https://www.sec.gov/rules/proposed.shtml.  Click on “Submit comments on S7-08-20”
+
+Or you can send an email to rule-comments@sec.gov.  Include the file number S7-08-20 in the subject. Instructions are at https://www.sec.gov/rules/submitcomments.htm
+
+Full SEC Proposed Rule Change:  https://www.sec.gov/rules/proposed/2020/34-89290.pdf
+
+**TLDR: Write in and tell the SEC “Hell No!” to these disclosure changes. For example: this would mean MRNA insiders would continue to sell before their regular pump and dumps and nobody would be the wiser.**
+Good afternoon everyone,
+
+I am currently a full-time military officer within the Canadian Armed Forces. In about 1.5 years, I will be earning an annual salary of $79,000 as I will be automatically promoted to the rank of Captain. Every year after this, I will be earning approximately $3,000 more per year until I am fully maxed/capped at about $103,000 annually. Currently, I have maxed out my TFSA and I am on my way to maxing out my RRSP less $7,000.
+
+I am very frugal and have managed to save close to 65% of my post-tax earnings this year. I have also been dollar cost averaging (every two weeks) into my TFSA as well as my RRSP accounts whereby I only invest in large cap, blue-chip companies with wide economic moats while adopting the dividend growth investing strategy combined with the DRIP program in order to take advantage of the effects of compounding. I also do not intend on selling any stocks as I plan on buying and holding forever as part of my overall long-term plan whereby long-term is defined as 20-25 years or more.
+
+With reference to Canadian Tax Law, I have recently learned that interest from borrowed money (debt/leverage) is fully deductible in a non-registered account provided that the borrowed money is invested in that non-registered account through the purchase of an income producing asset such as dividend paying stocks.
+
+I currently have three lines of credit (LOC) with two separate banks which total $105,000 and I did not learn about investing until after the 2008-2009 recession. My plan is to deploy the entire $105,000 of LOC money in the next recession, which I hope is more severe than the previous one, in order to greatly profit once the markets recover. I understand that "time in" the market beats "timing" the market and all the other "stuff" that comes along with investing. I just wanted to know other people's perspective on this plan.
+
+Please provide your opinion ONLY on this plan. I already have an emergency fund of $10,000 readily available. I have no debt, I am unmarried, I have no children, I have no mortgage, and I have always been financially responsible. I simply want to take advantage of the next recession/opportunity with leverage since I missed out on the last one and simply want to know your thoughts on my proposed course of action.
+
+Thank you,
+
+x2c3v4b5
+
+PROOF:
+
+ [https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2016/04/22/investment-loans---tax-deductibility](https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2016/04/22/investment-loans---tax-deductibility)
+It's not because of ddos or hacks or whale manipulation or any of that exchange related crap. It's because we all found out Sunday night that fuckin Gavin Belson owns the patent to the decentralized internet. So quite understandably, a lot of us are reevaluating our positions​. /Kicks door!
+
+So I recently received 50k and I don’t need it and am looking to capitalize on it long term. I’m 27, and was looking to invest it completely in stocks that are pretty much guaranteed to generate me a return. I decided on a 3 way split between Microsoft, visa, and NVIDIA.
+
+Is this a good choice? Or would you have other recommendations? I’m not looking to take massive gambles on stocks that may or may not moon. Just want something concrete. Thanks
+
+Update: I see people recommending ETFs I already have 85k in ETFs. I was just looking to try my hand exclusively at stocks.
+
+Also I have a financial advisor, they recommend I put the entire 50k into an aggressive mutual fund managed by my bank. Problem is I’m Canadian and the MER fee is around 2.5%…. Feel like that is just wasted money?
+Hello fellow FIRE enthusiasts.
+
+ 
+
+I recently read Thomas Piketty’s work [Capital in the 21st Century](https://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/0674979850). Piketty argues that much of economic history can be understood by analyzing the ratio of wealth to income. He uses tax records and datasets from European countries and the United States going back several hundred years. While the book is long and dense, I found it fascinating. Key points include:
+
+ 
+
+* In pre-industrial societies, economic growth is basically non-existent, or only very slowly outpaces population growth.
+
+ 
+
+* Since the industrial revolution, invested wealth has typically grown faster than the incomes of the majority of working people. This mathematically and inevitably leads to inequality.
+
+ 
+
+* Approximately half of the population own nothing or very little. This pattern repeats across countries and at every level. For example, if you again break down the the top half of the population (those with assets), the top half of that half (overall the top quarter) own most of the wealth. This repeats until you reach Bill Gates or Jeff Bezos.
+
+   
+
+* In the era before the world wars, inflation was very low or non-existent. Returns (typically on government bonds, the favored investment) were around 4%. An interesting note comes from Victorian era novels when incomes and portfolio sizes are referred to interchangeably. An income of 20,000 pounds translates to a 500,000 pound portfolio and vise-versa. After the world wars, novelists stopped making these comparisons, and generally stopped mentioning actual monetary values in print, since they would become quickly outdated. 
+
+  
+
+* The world wars and depression destroyed much of the world order, including the concentrated fortunes of the wealthy. Governments during and after the wars paid for the tremendous debts incurred in a variety of ways, including very high tax rates and by simply printing more money and devaluing their debts (along with the fortunes of the wealthy).
+
+ 
+
+* The post war economic climate is a historical anomaly – many fortunes were destroyed, and much of the world was actually destroyed. This leveling had several effects – there were very few fortunes that were passed down by inheritance and the generation that grew up in that period saw their labor as a higher proportion of national income compared to invested wealth. Coupled with the rise of mass higher education and highly paid professional careers gave boomers a new way to the top – income instead of inheritance.
+
+ 
+
+* Since the late 1970’s, the historical pattern of wealth accumulation and inequality has reasserted itself.
+
+ 
+
+* In the postwar era, the long term rate of return on invested capital is still approximately 4%. The calculation is complicated by inflation but generally holds.
+
+ 
+
+
+To combat the inevitability of the very few eventually owning everything (more so than they already do), Piketty advocates for a globally coordinated progressive tax on wealth. Otherwise, “the past will eat the future”, or those few that are lucky enough to be born into historical family wealth will dominate the rest.
+
+ 
+
+
+As someone striving for FI, this work was very illuminating. Basically I am trying to jump on this historic inevitability of invested wealth growing faster than labor, and living off the proceeds. I find it interesting that the 4% rule has held for many centuries, and that the “OK Boomer” meme has something to it – their life experiences were shaped by a very different and historically anomalous economic climate.  
+
+ 
+
+This has also been made into a documentary, but I have not seen it. Any reviews?
+**PsychoMarket Recap - Tuesday, November 10, 2020**
+
+Stocks traded choppily today, with market participants taking a breather after an initial wave of optimism over a potential coronavirus vaccine. Shares of tech companies remain under pressure, with the Nasdaq underperforming the other two major indices.
+
+The Nasdaq (QQQ) finished 1.79% down, the S&P 500 (SPY) finished 0.14% down, and the Dow Jones (DIA) outperformed, finishing 0.93% up.
+
+Yesterday, Pfizer’s (PFE) and BioNTech’s (BNTX) announced that the vaccine candidate was 90% effective in preventing COVID-19 in patients participating in the clinical trial. The news fueled a market rally yesterday, with the SPY and DIA reaching intraday records. However, since the record-highs, both indices have pared gains. Stuart Kaiser, UBS Head of Equity Deritavtives Research, said, “I think the big surprise was the efficacy. I think you had polled investors before this, the efficacy range would have been 50-75% as sort of a wide range. And if this number is truly 90% or above, I think that is what the market is responding so positively to.”
+
+In other positive from the medical sector, Eli Lilly (LLY) announced it received emergency use authorization from the Food and Drug Administration (FDA) for its antibody therapy used to treat moderate to severe cases of COVID-19. This comes a few weeks after regeneron, a drug produced by Gildead (GILD) that also treats moderate to severe cases of COVID-19 was approved by the FDA. 
+
+A successful vaccine is seen by market participants as a necessary component for safe, sustained, and broad economic reopening. According to Yahoo Finance, an estimate 27 million workers, around 22% of the workforce, work in close physical proximity with others. In order to safely and fully reopen the economy and return to some semblance of normalcy, a vaccine is a key component.
+
+Still, despite the good news, it is important to note that widespread distribution of the vaccine may took months, after approval is granted. To produce enough doses and distribute them globally will be a massive, logistical undertaking, one that will take some time to put in place. Some analysts have cautioned to extrapolating positive vaccine data to thinking distribution is just around the corner. Carter Henderson, portfolio manager at Fort Pitt Capital, said ““The vaccine news is really a 2021 story and we still have the worst to deal with COVID, as cases run at new highs. So the vaccine is not an immediate fix. That’s why we believe stimulus is still on the table. So if we get news about stimulus early in next year coupled with vaccine news, we think the market could have a true melt-up.”
+
+**Highlights**
+
+* Tech stocks, which have broadly outperformed the market since March, did not participate in yesterday’s rally, with the pullback accelerating during today’s session. 
+* Shares of cruise lines, airlines and hotel companies, and other reopening stocks that would greatly benefit from a vaccine, gave back some gains after surging higher yesterday.
+* Apple (AAPL) just announced its first homemade chip for the Mac, the M1. The company also introduced three new Macs powered by the chip.
+* Beyond Meat (BYND) is reportedly working with Pizza Hut (YUM) to developed plant-based Italian sausages. The stock is around 20% down  today after McDonald’s announced its own brand of plant-based meat alternatives.
+* The European Union filed antitrust charges against Amazon (AMZN) over the company’s use of data.
+* Atara BioTherapeutics with target increase by HAC Wainwright to $28 at OUTPERFORM. Stock currently around $14.
+* F5 Networks (FFIV) with target raised by Piper Sandler from $170 to $177 OVERWEIGHT. Stock currently around $155
+* McDonald's (MCD) with two target increases. Stock currently around $213.
+   * Credit Suisse at $230 OUTPERFORM
+   * Keycorp at $235 OVERWEIGHT
+* Pfizer (PFE) with target increase by Mizuho at $44 BUY. Stock currently around $39 after positive vaccine data yesterday.
+* Plug Power (PLUG) with several bullish target increases. Stock currently around $20.
+   * HC Wainwright at #30 BUY
+   * B. Riley at $24 BUY.
+* LiveRamp (RAMP) target increase by Needham & Co. to $85 at BUY. This is one we like and recommended months ago. Stock took big tumble today, down more than 15%.
+* Uniti Group (UNIT) with target increase from Raymond James at $16 rated BUY. Stock currently around $9.5.
+* Sprout Social (SPT) with two, bullish increases. Stock currently around $44.
+   * Needham & Co. from $46 to $52 BUY
+   * Keycorp from $33 to $55 OVERWEIGHT
+* Jumia (JMIA) falls more than 20% after earnings after the company posted a decline in revenue.  The gross merchandise value fell 28% year-over-year in the Q3. Gross profit was up 22% year-over-year in the third quarter and the operating loss declined 49% year-over-year.
+
+"Be fearful when others are greedy. Be greedy when others are fearful" - Warren Buffet
+Title just about says it all. I'll obviously meet with a professional financial planner when the time comes, but am trying to get an idea of what other people have done or think a good method would be.
+
+EDIT- Im a 27 year old man, i have about 80k of debt most of which is medical from the incident surrounding the lawsuit but my insurance paid for the lions share, leaving me with about 2k of that, so about 10k of remaining debt. im still u sure if im liable to reimburse the insurance company.
+I’m wanting to meet with a fiduciary to discuss the best course of action for my retirement but I can’t seem to find any. I asked at my bank and the person helping me didn’t even know what a fiduciary is. 😕
+I'm 10 years from retirement and have done OK building a nest egg mostly through investing automatically and ignoring it. Now I have several 4011(k), a rollover IRA and 2 taxable accounts. I'm trying to sort it out, invest in lower fees EFTs (my largest fund charges 0.68%). In particular 1/2 of my assets are in an SP500 fund that I would like to diversify into something more like the VIT EFT. But I'm concerned that I'm going to be hit with long term capital gains if I sell.
+
+So I probably could use a financial planner to sort it out, but most of the ones I find want to manage my portfolio for the next 30 years at .5% to 1% fee when I don't know the add this much value once the mess is sorted.  Should I sing up with one then ditch them later? I can't seem to find any that I would pay hourly to help me this year, ut then stop charging me when the portfolio is back on track.
+I am attempting to build a spreadsheet to help me understand my retirement savings goal.
+
+The point of the spreadsheet is to tell me how much I need to have in my savings at retirement to support my listed expected yearly spending in retirement based on a 4% withdrawal rate.  
+
+I realize there are many FIRE calculators available online, but I want to build my own to make sure I understand the mechanics of what is going on. 
+
+Any review comments and or suggested revisions would be greatly appreciated.
+
+Cheers, thanks a lot!
+
+https://docs.google.com/spreadsheets/d/13xEiNaaZL_J4HZWndWoX6DhGbrIBESWMX4i3JOQJe-s/edit?usp=sharing
+Every time I decide to put more money into the stock market, I get stumped on where to start. My question is always 'What stocks should I buy?'. Then, I just search for 'Best stocks for X' or 'Best stocks of Y' and end up on random Zacks and Fool articles. To be honest, half the time I just text my friends and ask them what they've been investing in. So time consuming! 
+Going through some pretty crappy financial struggles right now.  Seriously learning a TON of useful info on this sub, thanks for that y’all.  
+
+Rather than going my normal route and constantly snacking, I’ve cut all that out so everything lasts longer and the kids can enjoy everything longer, I go drink two BIG glasses of water.  Suddenly I’m not hungry anymore, groceries last longer, it’s essentially free, and I’ve lost about 8 pounds so far.  All wins.  Thanks everyone!
+
+Also: It is amazing how you can spruce up some basic rice and beans.  Another recently discovered favorite. ✌🏼
+We’re gearing up for the most epic rug pull on the majority of society. What a fucking joke.  At this point it’s utterly disgusting.  I feel bad for all the people out there who are going to get crushed when the market and economy totally collapse. 
+
+I’m fortunate to have accumulated a ton of shares of my favorite company. I’ll be able to secure the financial security of my family and have money to try and help those in need. I will never put a penny back into the US markets.
+
+Wen rug pull?
+We have an AC, one requirement that I had when looking for a place. I'm in Kentucky and the summers can be unforgiving. Not to mention I have health problems that make it a necessity. 
+
+Well, given that the cost of electric has risen exponentially over here, and our finances have dwindled, I realized today that it has become a privilege to be able to use that AC. Hell, a luxury, even. I try not to use it during the day but it's been in the high 90s lately, and the fan I have does shit all to help. We're not allowed to get a window unit, either, and we can't afford a newer fan that might do a better job. I have been in dire straits before but i didn't realize how bad it was until I was sitting here, burning up, feeling nauseous, but unable to do anything because if I put the ac on too much this month I wont be able to afford the bill, and will just end up with my electricity cut off. 
+
+Sorry for all the rants lately. I'm just having a really tough time and this seems to be the only sub where people understand.
+Two days ago, I came to the disturbing realization I had been essentially reading DD, court documents, investigations, SEC filings, news reports and doing my own research for eight months straight, pretty much non-stop. For the last few months, I'd been living in a hole of information (some good, some great, some pathetically bad), meeting some awesome people and also some really shady ones who were hell bent on making me buy into their bullshit so I would spread their messages and scare other apes into paperhanding or panicking or having nervous breakdowns thinking that the world was about to end. And after a particularly shilly sequence of experiences that made me want to punch myself repeatedly in the face while binge eating a 96 pack of Crayolas, I decided to just--stop looking. Stop listening to other people and come back to where I started. Just me. Myself. And the information.
+
+Thus, I was back where I started. And it was awesome. I remembered my OG friends and all the fun we had learning shit and laughing and shitposting and talking about our MOASS fortunes, and I realized without a shadow of a doubt that I'd made all the right choices. Millions of years ago (also known as January), apes used to live by these mantras--do your own DD, this is a Wendy's, and we always treat each other with respect even when tossing things like $ASS and $CUM in each other's faces. And I think maybe right now we need a reminder to return to what made apes so strong to begin with. We did all the heavy lifting, and we made our own financial decisions. We didn't rely on the crowd to push us in any direction. We did not give financial advice, and we didn't take it.
+
+They want you to think we can't get there. That you need the millions of bots, shills, and naysayers to tell you what to think and how to think it. They want you to believe the whole thing is totally rotten and everyone at the top is corrupt (okay, well, a lot of them are, but not all of them) and the world is doomed, etc. But the thing is, that's not real. It's the mother of all FUD attacks, and I can see it working on even the brightest and most discriminating apes and even a few lions here and there. Wink, wink. I see you Lions standing behind us watching and having our backs. Thank you. 
+
+But I am an ape. Always have been since the day I stumbled into this. So, to you millions of people around the world that I think of as my own giant invisible fucked up but crazy incredible family—Go back to the DD. Read. Think. Learn. Eat a fucking crayon. Shove a banana up your ass or whatever it is you do on the weekends, and I will see you on the moon someday soon. Until then, business as usual. No dates, but it might be time to start making some real plans for that MOASS money. Remember, apes together strong. Hang in there!
+Guten Tag to this global band of Apes! 👋🦍
+
+This month doesn't stop delivering excitement, does it? Yesterday featured a new RC tweet, volatile price motion, and the huge news that Citadel Securities accepted an enormous cash investment. This investment from Sequoia and Paradigm seems highly unusual, given that it is the first time that the market-maker arm of Citadel has accepted outside investment, and much of the cash is coming from Sequoia, who may also be involved in the shorting of GME according to some rumblings from early last year. Paradigm's involvement has me a bit puzzled. I wouldn't normally expect a crypto/web3 firm to spend such capital investing in a traditional market maker, so I think there is something else going on there. I haven't found anywhere that details what amounts each firm contributed, but I would not be surprised to find out that Paradigm is attached to this deal without contributing nearly as much capital as Sequoia, but is being paid off for insider access and their ability to compete in the crypto space against what GameStop is planning.
+
+The thing I have to ask myself is *why* would anyone want to invest in Citadel Securities at this particular moment in time. It doesn't make much sense to invest well over a billion dollars into a company that is in a battle for survival, who is already leveraged to the tits, and is coming up on some very dark days. The only scenario in which I see that as a reasonable investment for Sequoia and Paradigm to make is if the downside of *not* infusing Citadel with cash is far worse than losing that cash. I do not yet know what has Sequoia and Paradigm so scared, but I am quite confident that it's just another sign that retail traders are on the correct side of this investment, and these powerful firms are desperate to preserve the status-quo rigged market.
+
+The thing that has me downright giddy on this is that we don't have to do *anything* beside HODL and DRS our shares. Many Apes are now (or will soon be!) long-term HODLers of GME, and will be happy to continue to increase their position while Citadel bleeds through this cash infusion. In case you've missed it recently, now is not the time to be opening new options positions, so any investments you're interested in making should go directly into shares *in your name* at ComputerShare.
+
+Today is Wednesday, January 12th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 120 minutes in: **$128.98 / 113,78 €**  *(volume: 1441)*
+- 🟥 115 minutes in: $129.02 / 113,81 €  *(volume: 1435)*
+- 🟩 110 minutes in: $129.07 / 113,86 €  *(volume: 1354)*
+- 🟥 105 minutes in: $129.06 / 113,85 €  *(volume: 1319)*
+- 🟥 100 minutes in: $129.15 / 113,92 €  *(volume: 1307)*
+- 🟩 95 minutes in: $129.23 / 114,00 €  *(volume: 1280)*
+- 🟥 90 minutes in: $129.19 / 113,96 €  *(volume: 1279)*
+- 🟥 85 minutes in: $129.23 / 114,00 €  *(volume: 1150)*
+- 🟥 80 minutes in: $129.51 / 114,25 €  *(volume: 1027)*
+- 🟥 75 minutes in: $129.66 / 114,38 €  *(volume: 920)*
+- 🟥 70 minutes in: $129.75 / 114,46 €  *(volume: 877)*
+- 🟥 65 minutes in: $129.77 / 114,47 €  *(volume: 859)*
+- 🟥 60 minutes in: $130.11 / 114,78 €  *(volume: 722)*
+- 🟥 55 minutes in: $130.17 / 114,83 €  *(volume: 690)*
+- ⬜ 50 minutes in: $130.22 / 114,88 €  *(volume: 662)*
+- 🟥 45 minutes in: $130.22 / 114,88 €  *(volume: 633)*
+- 🟩 40 minutes in: $130.24 / 114,89 €  *(volume: 633)*
+- 🟩 35 minutes in: $130.19 / 114,85 €  *(volume: 620)*
+- 🟩 30 minutes in: $130.17 / 114,83 €  *(volume: 612)*
+- ⬜ 25 minutes in: $130.11 / 114,78 €  *(volume: 609)*
+- 🟩 20 minutes in: $130.11 / 114,78 €  *(volume: 541)*
+- 🟩 15 minutes in: $130.05 / 114,72 €  *(volume: 401)*
+- 🟩 10 minutes in: $129.58 / 114,31 €  *(volume: 273)*
+- 🟥 5 minutes in: $129.57 / 114,30 €  *(volume: 189)*
+- 🟥 0 minutes in: $129.58 / 114,31 €  *(volume: 182)*
+- 🟥 US close price: $130.30 / 114,94 €   *($129.56 / 114,29 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1336. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Hi everyone,  
+
+
+I'm for some advice/options on how I can help my mum financially in the short/med term. She is in a tough situation and I can see her 'giving up'. I tried to talk about money last night with her and she immediately cried and said that she doesn't want to be a burden.  
+
+
+Background:  
+Mum is late 50s & self employed: runs dog kennels. Market is highly volatile and business is low.   
+She has increasing health problems (and a few health scares) which mean working is becoming increasingly difficult, and depression is also setting in making it difficult for her to move forwards.   
+
+
+Very limited savings <£10k and little to no private pension from what she knows (She has been self employed for a long time, and when in full time employment over 10 years ago she thinks she opted out as much as possible as she was a single parent trying to make ends meet). Would qualify for full state pension in \~10years?  
+
+
+The house is mortgaged - probably around £60k left on the mortgage, with house value of \~180k?. She is currently on a variable rate because her income isn't allowing her to remortgage and fix. There is a life insurance policy on the house which will pay of the remainder on death - this will likely be invalidated if we take any of the below options.  
+
+
+When the pandemic hit, I did a full bank audit/clearout with her to minimise spending as much as possible - though it has probably crept in the past couple of years, so I could look at that again. 
+
+Outgoings likely £1500-£2k. I wouldn't be surprised if the shortfall is of the region of £1k per month currently.
+
+​
+
+Options:  
+I think we need to take some fairly big moves to help her - but I dont know about the practicalities.   
+1)I could afford to support financially for a while (although she is adamant she wont accept it).
+
+2) Add me/my brother to the mortgage to try and bring the rate down? (We both have our own houses with mortgages already though)
+
+2i) Use a remortgage to try and release some equity - do what with it though? Deposit for another house to rent out, try and bring some consistent income? HMO?   
+
+
+3) Sell the house to me/my brother on a buy to let (if we even could) and rent it back to mum for the BTL mortgage level?  
+
+
+4) rent out spare room to lodger? Part time job?   
+
+
+​
+
+How feasible are options 2/3? What other options are we missing here?   
+Neither me nor my brother are interested in 'preserving inheritance equity' - we just want to see mum comfortable and able to enjoy the next 15/20 years as much as possible.   
+
+
+Thank you in advance for any help/advice that can be offered!
+Does anyone have any experience of using AMEX in the Uk? I’m looking for a credit card and some of the Amex cards have the best rewards/cashback (from what I have seen) 
+
+I have heard that not all places take Amex. Have people found them difficult to use? Thanks in advance.
+Feeling really good about hitting $500k NW today from relatively humble beginnings. Single 31M located in the Midwest. My parents always fought about money and I never wanted to end up like them. It is solely because of reddit, bogleheads, and biggerpockets that I gained the knowledge necessary to propel me on this FIRE journey. I started working as a cook full time through college making about $20k/year with very marginal pay increases. To this day, I think the restaurant industry (specifically working back of the house) is one of the toughest and low paying jobs around. Working so hard for such little pay really puts into perspective the value of every dollar earned. I graduated with a bachelor's in Environmental Science at the end of 2012 and landed an entry-level position in my field very shortly after graduation. I would eventually change jobs two more times over the next several years which really helped boost my salary. Another game changer for me was purchasing a duplex in 2016, moving into one unit and continuing to rent out the other at market rates. I was able to purchase the duplex with 3.5% down through a first-time homebuyers program, which allowed me to preserve a sizable emergency fund as a cushion in case of major repairs. Later, I got pretty significant promotion in early 2020 and also started another side hustle (in addition to rental property management) in late 2021. I went from -$22k (student loans) in early 2013 to a net worth of $500k ($120k in home equity and $380k mostly invested in index funds). For anyone interested here is a graph of my job and rental income growth over the journey with key milestones flagged: https://i.imgur.com/ME9LQZX.png 
+
+2021 income is projected based on a new side hustle I started which hopefully will net me about $20k per year.
+
+Thanks so much to this subreddit - I can't thank you guys enough.
+
+EDIT: Just in case any folks are wondering my parents paid $0 for my college tuition. They paid my car insurance while I was in school but that's it. No rent, groceries, cash support etc. which is why I pretty much had to work full time cooking in various hotel restaurants while putting myself through school and making car payments at the time. I would have appreciated help at times, and it certainly felt more stressful having no significant safety net. I'm sure my parents would've bailed me out if I ever really asked, but I am just fiercely independent. I had to grow up very quickly, but I wouldn't trade the experience for anything.
+I'm sure lots of other apes will parse the answers, debate whether the questions were right, etc. But one thing stood out to me.
+
+When RC was asked direct questions, that man has an iron poker face. At first it wasn't clear if he was just trying to avoid the tinfoil or just being professional, but some of the answers made it clear this man knows exactly what he's doing:
+
+* When asked if there was any meaning about his Arlington, VA store visit, he said "It's self explanatory. When asked about the order of the games, he thought for a few seconds, then said it had no meaning."
+* When asked about the comp-poo-chair, he just said "It looks like an efficient setup"
+* When asked about the "eew eew llams evah I" tweet, first he made random jokes, then attributed the tweet to the former "high paid consultants" running his Twitter account
+* When asked about meeting with Carl Icahn, he made a general statement about respecting him, but when asked about the nature of the meeting, instead of just repeating something like "I wanted to learn from him!" He immediately said he wasn't going to go into it.
+
+There are many other examples like this. Joe didn't always do the best job following up, and sometimes asked leading questions in such a way that gave RC an easy out, but to me that's irrelevant. What matters are the fact that he did this interview at all, he said everything he wanted to and nothing he didn't, and there was barely even a smidge of a "wink and nod" as he did it. This Chairman f\*cks.
+
+Looks like I'll need some more shares on Monday!
+
+EDIT: Link to interview: [https://www.youtube.com/watch?v=uN2Dw8AOdMk](https://www.youtube.com/watch?v=uN2Dw8AOdMk)
+
+​
+How is it that r/weedstocks has more than double the members of r/CanadianInvestors ?
+
+It's crazy that we only have 61k members and they have 145k. It would suggest more people are invested in weed stocks than diversified Canadian stocks and ETFs? 
+
+is there another sub-reddit group for Canadian stocks that I am unaware of? 
+
+There must be alot of bag holders in that group?
+Let's be real here, there is no way in h\*ll that the bank of Canada would let our country end up like Venezuela. If it needs to jack up rates like crazy, it will be a heavy pill to swallow but it will be done.
+
+In the meantime however, while the central bank is in the process of monetary tightening, say there is a recession due to everything being so expensive.
+
+People simply cannot afford it anymore and there is a pullback in consumption. Less consumption = less profits for companies = layoffs = higher unemployment = recession.
+
+In ordinary circumstances, the central bank lowers rates and turns on the printing machine.
+
+We, however, are not in normal circumstances and are instead in a high inflation environment.
+
+In such a scenario, the central bank will have no tools to fight the recession, they can't lower rates when we are already struggling with high inflation.
+
+Is deflation, hyper-deflation, and a great depression the real concern here now?
+I got my first full time job after uni at end of 2019, didn’t know what to do with all the excess cash so I started learning about personal finance and investing. I’ve made a decent return since I started — nothing to do with me doing due diligence, just bought some stocks during March crash. It was exciting and fun learning about this world, but now I realized I don’t have the time or the desire to do any due diligence. I currently have Questrade Margin, WS TFSA Trade, WS Margin Trade, with about 15 stocks in each. I know it’s bad and a lot to manage, probably why they no longer spark joy. **My end goal is to have most if not all my money in Wealthsimple auto-invest or XEFT, but confused on the smartest way to make that transition.**
+
+* Option 1: Don’t overthink it or be greedy by playing the waiting game. Sell everything immediately, the good and the bad, and move on to only XEFT or WS Invest. *Main concern: I’m in no rush, option feels a bit rash & stupid.*
+
+* Option 2: Lock in your gains and wait the losses out. Sell off all the stocks that I’ve made any gain on, but hold on to the stocks that are in the red. If the stocks ever turns green, then sell it. If not, hold it for life - I’m very patient. *Main concern: opportunity cost of my money that’s locked in with red stocks.*
+
+* Option 3: Sell off all the losses and most of the gain stocks. Only hold on to a few strong gain stocks that I believe in long-term (e.g Aritzia, Microsoft, Telus, BNS, Apple). They have a higher return than XEFT/Wealthsimple auto-invest - They would allow me to have the thrill of the stock market but with ‘safe’ stocks I believe will always bounce back. Leaning towards this option. *Main concern: I have a bad habit of hoarding stocks. I always buy (without proper diligence) and have never sold a stock. Afraid if I pick even a few stocks, I’ll be right back where I started.*
+
+Y’all were a great resource when I started my personal finance journey, and would love to hear your thoughts as I move into a more passive investing strategy.
+Looking for some stocks to short. 
+Shorting is pretty rare for retail investors to do. But it actually makes your portfolio a little more balanced and more ready for a downturn. 
+
+I’m about 70% long 30% cash and I want to short with about 1 - 10% of my portfolio.
+
+Some stocks I’m going to do research on as potential shorts are 
+Ttcf,
+Nikola
+And 
+Rivian
+
+
+What trash companies come to mind for you?
+Algos are very often built on indicators, but everybody knows, that markets move from one SR line to another, providing best entry/exit locations. But has anybody seen an algo/strategy using SR lines to determine entries/exits?
+There are too many tokens which are not doing anything better than others - or doing the same thing with others - or pure fraud, pump and dump. MDX has real value and 100% MoonShot.
+
+MDX is native token for Mandala Exchange, same with BNB with Binance.
+
+Mandala Exchange's wallets are the same as Binance, you can transfer your funds between Binance and Mandala feeless, they are marked as "Internal". And as they have the same wallets, your funds are SAFU.
+
+Mandala and Binance share the same order books (264+ assets live for a total of 946+ pairs to trade with, and counting) and MDX will get you the same fee discounts as BNB, which means you can get 50% discount on fees if you buy $2.1M of BNB, or you can get the same discount for the same order books on Mandala if you buy and lock $55K of MDX!! That’s about 1/500th of the price. And Mandala has already stated they plan to adjust the discount tiers as MDX price increase, which will give it even more room to appreciate. And as you know, Binance trading fees are going to high. Mandala already have so low trading fees even if you do not hold any MDX.
+
+Mandala already has an operational platform, which makes this an easy Moonshot. Futures trading for the same pairs on Binance will be launching this quarter and margin trading will launch shortly thereafter, along with Mandala's own listing of unique top Altcoins which will give Mandala more tokens than Binance. Combine this with Mandala's extremely low fees and you have a one-stop exchange for the hottest project on the markets.
+
+And one note, you can search MDX on your Binance Wallet and see Mandala Exchange Token. You cannot trade on Binance now, though. I suppose there will be a listing on Binance. And don't forget that BNB was commision rate reducer token on Ethereum network. Right now, it is a proper coin on their BSC network. Why not for MDX?
+
+You can transfer your funds feeless from Binance to Mandala and buy MDX on there: [https://trade.mandala.exchange/trade/MDX\_USDT](https://trade.mandala.exchange/trade/MDX_USDT)
+
+CoinMarketCap listing: [https://coinmarketcap.com/currencies/mandala-exchange-token/](https://coinmarketcap.com/currencies/mandala-exchange-token/)
+
+Mandala Exchange's site: [https://www.mandala.exchange/](https://www.mandala.exchange/)
+Is it just me, or does everyone on here seem to have very well paid jobs?
+
+I'm looking to move up in Project Management and wonder which sectors tend to pay the most - I get the usual answer will be Finance!
+
+Are there any roles which tend to be better, or any side hustles y'all tend to be involved in to help pay for pensions or other expenses?
+TL;DR: Get a job, get a min of 2 years experience doing what you're doing now, apply for another job one step above what you're doing now to get the benefits at the next level faster. 
+
+---------
+
+This applies more to people in areas where there are more jobs to switch between. 
+
+I always thought that I would get rewarded for my longevity with a company. I thought that sticking around and doing all of the work requested of me would get me promoted, at the very least get me a raise. I worked retail at one company for 5 years and never once was I considered for a promotion or raise.
+
+I got a hand up and ended up in cubicle land. After a year, my coworker told me that if I wanted a real raise that I needed to apply at another company doing something similar to what I was doing there, but with the title I wanted. I didn't want to believe that was the reality, I didn't want to believe that I had to leave my job and these people. But I finally did it after 3 years. I started making SO MUCH MORE and finally could start saving. 
+
+IMPORTANT NOTE: I was not used to how much money I was earning at the new job, filled my expenses to the brim, and it took me another 2 years to learn to stay within a budget. 
+
+
+EDIT: apologies for using always in the title, it's not always. There are situations for some people who simply cannot do this, and there are sceneries where it doesn't make sense. Always use your own discretion and focus on what matters most to you. But for those who are frustrated with the amount they make and have a goal to change that, this is one of the fastest ways to get a leg up. 
+This sub shilles coins that are already made huge returns. Why? Because general public gain access to cutting edge tech, newest crypto trends only after those coins/tokens gain momentum and make x3-10. How many times MATIC, SOL, ONE, AXIE was shilled here before they exploded? 
+
+ADA, ALGO, BTC, ETH etc are great projects and have wonderful future but to assume that they are going to give you biggest returns **in the following year** is delusional. Where as long term - most probably. 
+
+Set your priorities straight, DOYR and hodl. I’m not going to tell you which coin is going to be next x100 or more but it is obvious that following niches are going to disrupt the whole world: 
+
+1. Decentralized identities 
+2. Decentralized ticketing 
+3. Metaverse 
+4. Blockchain powered Gaming 
+5. Social tokens 
+6. Everything related to zero knowledge poof (ZKsnarks, zkrollups etc) 
+
+Find reliable project in those niches and invest as much as you can afford. Wait for 1-1,5 year and watch the whole Reddit shill those coins/tokens after you already made a fortune on them.
+I have a background in software development and some of my colleagues asking me to create our own coin.
+
+I know crypto and blockchain, but never extensively research it before. After some digging, I am mind blowing. I feel like most coins/defi projects..etc.. are kinda worthless/hype bubble, but can raise hundred of thousands, even millions dollars.
+
+I feel like I can just spend few weeks to train solidity, smart contract, create a coin, attach it to our business which already have few thousand active users for some random use case ( award good user with X coins or smt), create some hype and raise money. Am I thinking too simple? What am I missing here?  
+
+
+Edit:   
+A lot of very interesting answer haha.  
+Joking aside, there is one point I would like to add  
+\- Moral: yes, I initially thought about this too. But then, I see a lot of coins, who even their white paper looks like taking 30 minutes to create and still raise money. There is no way people dont know that a shitty project, but they still put money in. This is baffling to me at first, and then I realize people don't give a shit if it's a shit coin. Almost everybody FOMO in this market. So creating a shit coin is not actually immoral, right?
+​
+
+[credit: u\/Substantial\_Diver\_34 ](https://preview.redd.it/57qkvsfabbh91.jpg?width=4872&format=pjpg&auto=webp&s=5ccbffd15ab48628c183105fae1812c2dd39e11b)
+
+# Superstonk Weekly Digest | 8.8.22 - 8.12.22
+
+​
+
+Busy week? No time to scroll for hours to catch up? Want to avoid the weekend FUD? We’ve got you covered. Introducing the Superstonk Weekly Digest! Your one-stop-shop to catch up on all of the week’s top news, DD, and yep, memes - all user generated content from this amazing community!
+
+Please share posts you think deserve to be included here in the comments! We will continue to update this post throughout the weekend.
+
+**Love the weekly digest? Hate it? Let us know in the comments. We will use your feedback to determine if we continue doing this.**
+
+**Looking for the DRS Megathread? Here!** [**Computershare Megathread**](https://www.reddit.com/r/Superstonk/comments/wedijp/drscomputershare_megathread_082022/)
+
+​
+
+# This Week’s Top News
+
+​
+
+**GameStop’s Statement on their Stock Split in the form of a Dividend**
+
+https://preview.redd.it/lxpvjeu1cbh91.png?width=1441&format=png&auto=webp&s=4d3c94ced31273b16b63af8dca68c2262e71f74a
+
+**Source:** [Stock Split | Gamestop Corp.](https://news.gamestop.com/stock-split/?n)
+
+**Tax Info:** [Form 8937 (Rev. December 2017) (gamestop.com)](https://news.gamestop.com/static-files/1764b8e4-0e1d-41a6-b502-8c5ab7604dc8)
+
+**Discussion Here:**  [Gamestop Statement about Stock Split in the form of Dividend ](https://www.reddit.com/r/Superstonk/comments/wh760e/gamestop_statement_about_stock_split_in_the_form/)| Credit: u/d14m0ndh4nd5
+
+​
+
+**SEC Proposing to Remove DTCC’s SRO Status**
+
+https://preview.redd.it/etjr7tl5cbh91.png?width=767&format=png&auto=webp&s=9499a3834df9afd98762cf71c7c9634e8e426b74
+
+**Source:** [Proposed rule; withdrawal of proposed rules: Clearing Agency Governance and Conflicts of Interest (sec.gov)](https://www.sec.gov/rules/proposed/2022/34-95431.pdf)
+
+**Discussion Here:**  [My jorts just got tiiiight AF!](https://www.reddit.com/r/Superstonk/comments/wly7yx/my_jorts_just_got_tiiiight_af/) | Credit: u/tylerhill11
+
+​
+
+**Robinhood Faces Market Manipulation Claims**
+
+https://preview.redd.it/yvs5dvnbcbh91.png?width=592&format=png&auto=webp&s=e03a588305a24e3e6b7db4e09627b633d45e84f4
+
+**Source:** [Robinhood 10-Q (sec.gov)](https://www.sec.gov/ix?doc=/Archives/edgar/data/1783879/000178387922000165/hood-20220630.htm)
+
+**Discussion Here:**  [Robinhood is off to court 🚀🚀. The Judge shutdowns their attempt to dismiss. 👀 ](https://www.reddit.com/r/Superstonk/comments/wm68rb/robinhood_is_off_to_court_judge_shutdowns_their/)| Credit: u/julian424242
+
+​
+
+**SEC Investigating Melvin Capital**
+
+https://preview.redd.it/qgluek2ecbh91.png?width=918&format=png&auto=webp&s=7d88da8852529e7db805cd824fcb0415ec0482f9
+
+**Source:** [SEC Investigating Melvin Capital Management - WSJ](https://www.wsj.com/articles/sec-investigating-melvin-capital-management-11660232545)
+
+**Discussion Here:**  [Wait...did MSM just actually report that Melvin DIDN'T close out their positions?](https://www.reddit.com/r/Superstonk/comments/wmg0dl/waitdid_msm_just_actually_report_that_melvin/) | Credit: u/JustBeingPunny
+
+​
+
+# This Week’s RC Tweets
+
+​
+
+https://preview.redd.it/hlciksshcbh91.png?width=702&format=png&auto=webp&s=71802a5c6afb60dda54260931ae51658d11dbce4
+
+**Twitter:** [Ryan Cohen on Twitter: "if we print a few trillion more, it should bring inflation down #taxtherich #wealthtax" / Twitter](https://twitter.com/ryancohen/status/1557541659323248640)
+
+**Nitter:** [Ryan Cohen on Twitter: "if we print a few trillion more, it should bring inflation down #taxtherich #wealthtax" / Nitter](https://nitter.net/ryancohen/status/1557541659323248640#m)
+
+**Discussion Here:**  [Ryan Cohen on Twitter: if we print a few trillion more, it should bring inflation down #taxtherich #wealthtax](https://www.reddit.com/r/Superstonk/comments/wleusx/ryan_cohen_on_twitter_if_we_print_a_few_trillion/) | Credit: u/Kaarothh
+
+​
+
+https://preview.redd.it/bonmn86jcbh91.png?width=680&format=png&auto=webp&s=dce3c216f2ece87a66075f8cbb0a1f90727244df
+
+**Twitter:** [Ryan Cohen on Twitter: "💜" / Twitter](https://twitter.com/ryancohen/status/1557550311786459136?s=21&t=_N7nG2ogXdW_KiAStGjfxQ)
+
+**Nitter:** [Ryan Cohen on Twitter: "💜" / Nitter](https://nitter.net/ryancohen/status/1557550311786459136#m)
+
+**Discussion Here:**  [Ryan Cohen on Twitter!](https://www.reddit.com/r/Superstonk/comments/wlfl5t/ryan_cohen_on_twitter/) | Credit: u/EJayy_22
+
+​
+
+https://preview.redd.it/g8j3gbbrcbh91.png?width=672&format=png&auto=webp&s=da0bcd7b4d18be71d10e7af412f8fa400e6c4c49
+
+**Twitter:** [Ryan Cohen on Twitter: “At least her cart is full 🌝” / Twitter](https://twitter.com/ryancohen/status/1558101541453795329?s=20&t=_FYnha_DmYVWzcLYewgmNw)
+
+**Nitter:** [Ryan Cohen on Twitter: “At least her cart is full 🌝” / Nitter](https://nitter.net/ryancohen/status/1558101541453795329#m)
+
+**Discussion Here:**  [Ryan Cohen on Twitter! 🚀🚀🚀](https://www.reddit.com/r/Superstonk/comments/wmmzwm/ryan_cohen_on_twitter/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) | Credit: u/PermissionAware2410
+
+​
+
+# This Week’s Marketplace News
+
+​
+
+https://preview.redd.it/sui79wj9dbh91.png?width=456&format=png&auto=webp&s=22c710a745693a14378823381be4f34b230e77f7
+
+​
+
+* [Official update: GameStop Wallet integrates Immutable X ahead of upcoming marketplace integration](https://www.reddit.com/r/Superstonk/comments/wjm2mt/official_update_gamestop_wallet_integrates/) | Credit: u/robbieimmutable
+* [ImmutableX is live on GameStop Wallet. We're onboarding the next billion players to true digital ownership.](https://www.reddit.com/r/Superstonk/comments/wjpbk1/immutablex_is_live_on_gamestop_wallet_were/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) | Credit: u/robbieimmutable
+* [VeeFriends coming!](https://www.reddit.com/r/Superstonk/comments/wm254x/veefriends_coming/) | Credit: u/m4ttyn1ce
+* [Betty Boop, the original first female animated character, debuting exclusively on the GameStop Marketplace this month.](https://www.reddit.com/r/Superstonk/comments/wk5by9/betty_boop_the_original_first_female_animated/) | Credit: u/brandonnn11
+* [GME NFT Marketplace Volume $22,086,388.02 (Current ETH) | $16,557,771.17 (Adjusted Daily Avg ETH) | GME Total Revenue $372,549.85 | Yesterday’s Revenue $3,878](https://www.reddit.com/r/Superstonk/comments/wmmjak/gme_nft_marketplace_volume_2208638802_current_eth/) | Credit: u/jimtrickington
+
+​
+
+# This Week’s Top DD & Education
+
+​
+
+* [I started digging into the new "DTCC loses its independence" rule...and found a lot. Check this out.](https://www.reddit.com/r/Superstonk/comments/wmhz6q/i_started_digging_into_the_new_dtcc_loses_its/) | Credit: u/Conscious_Student_37
+* [Hester Peirce is mad about the new "DTCC loses its independence" rule. Here is her full dissenting opinion.](https://www.reddit.com/r/Superstonk/comments/wmi4f6/hester_peirce_is_mad_about_the_new_dtcc_loses_its/) | Credit: u/Conscious_Student_37
+* [Ryan's Warning. The Countdown to MOASS has begun.](https://www.reddit.com/r/Superstonk/comments/wm8gwf/ryans_warning_the_countdown_to_moass_has_begun/) | Credit: u/jango_bets
+* [ETF Holdings Count 23,771,975 ... somethings wrong with one issuer](https://www.reddit.com/r/Superstonk/comments/wmhl6h/etf_holdings_count_23771975_somethings_wrong_with/) | Credit: u/michaellargent
+* [🗒️ BROKER MASTER LIST \[2.0\] for Splividends](https://www.reddit.com/r/Superstonk/comments/wlv4ds/broker_master_list_20_for_splividends/) | Credit: u/NebulaPlague
+* [Are We Having Fun Yet?](https://www.reddit.com/r/Superstonk/comments/whu9dm/we_having_fun_yet/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) | Credit: u/-einfachman-
+* [Last week I reported how GameStop had more FTDs over the last 10 years than 99.969% of 38k tickers. Many of you asked for more info, especially about which tickers had more FTDs than GameStop. Here is that info and some other tit-jacking findings uncovered from the additional research... 🚀](https://www.reddit.com/r/Superstonk/comments/wk5kmf/last_week_i_reported_how_gamestop_had_more_ftds/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)  | Credit: u/Region-Formal
+* [Without Any Legislative Powers, the Fed Is Rewriting the Law and Creating a Permanent $500 Billion Bailout Facility for Wall Street](https://www.reddit.com/r/Superstonk/comments/wjgbkd/without_any_legislative_powers_the_fed_is/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)  | Credit: u/disoriented_llama
+
+​
+
+# This Week’s Top Memes
+
+​
+
+https://preview.redd.it/wy94bereebh91.png?width=662&format=png&auto=webp&s=30e73dcd4ace4732a59c4307241f38aba032f86a
+
+[Back in my day we called this, "The Battle for $180!"](https://www.reddit.com/r/Superstonk/comments/wj6owr/back_in_my_day_we_called_this_the_battle_for_180/) | Credit: u/ickydonkeytoothbrush
+
+​
+
+[ ](https://preview.redd.it/g31o9fehebh91.png?width=627&format=png&auto=webp&s=184467679ef6c8835028b4f5c8d5b4590740ebb7)
+
+[Waiting for RC to tweet again...](https://www.reddit.com/r/Superstonk/comments/wjn6na/waiting_for_rc_to_tweet_again/) | Credit: u/deadbeatbusman
+
+​
+
+https://preview.redd.it/938r27alebh91.png?width=563&format=png&auto=webp&s=438f0427bb5794b8b2433191348d94951a990cd4
+
+[Got a good feeling about this week! Let's gooo 🚀🚀🚀 ](https://www.reddit.com/r/Superstonk/comments/wj8g2p/got_a_good_feeling_about_this_week_lets_gooo/?utm_source=share&utm_medium=web2x&context=3) | Credit: u/Kyzz19
+
+​
+
+https://preview.redd.it/kurt9y51fbh91.png?width=560&format=png&auto=webp&s=5473f05c2c1a6cbcf829057f96a7013f5441d65a
+
+[the story of apes on twater](https://www.reddit.com/r/Superstonk/comments/wk1cgv/the_story_of_apes_on_twater/?utm_source=share&utm_medium=web2x&context=3) | Credit: u/tikkymykk
+
+​
+
+# This Week’s Top Hype
+
+​
+
+* [DRS Week in Review! 64,826,790 shares left in the free float! 2.7 billion dollars invested! Over ONE MILLION shares DRS'd within the last week!](https://www.reddit.com/r/Superstonk/comments/wmf1u4/drs_week_in_review_64826790_shares_left_in_the/) | Credit: u/-ApocNarok
+* [I like this one](https://www.reddit.com/r/Superstonk/comments/wkv5xm/i_like_this_one/) | Credit: u/CleverUseOfGameMecha
+* [HALTS INCOMING !!!!!!!!!!!!!](https://www.reddit.com/r/Superstonk/comments/wj91iv/halts_incoming/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) | Credit: u/RoamLikeRomeo
+* [ENTIRE second page is DRS right now lol KEEP IT UP!!!!🚀🚀🚀🚀](https://www.reddit.com/r/Superstonk/comments/wh3tn6/entire_second_page_is_drs_right_now_lol_keep_it_up/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) | Credit: u/tirwander
+* [Post from German SEC: "For BaFin, the actual delivery of the new shares from the capital measure resolved by GME is of primary importance."](https://www.reddit.com/r/Superstonk/comments/wmk4ia/post_from_german_sec_for_bafin_the_actual/) | Credit: u/Old-Lawfulness-8923
+* [I think we are closer than we think](https://www.reddit.com/r/Superstonk/comments/wmjpzx/i_think_we_are_closer_than_we_think/) | Credit: u/No-Presence7372
+
+​
+
+# All caught up and looking for more info?
+
+​
+
+📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you | Credit: u/zedinstead
+
+🟣 [Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/wedijp/drscomputershare_megathread_082022/)
+
+Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+🏴‍☠️ [NFT Marketplace & Wallet Megathread](https://www.reddit.com/r/Superstonk/comments/vluysg/gamestop_nft_marketplace_wallet_megathread/)
+
+Why is GameStop getting into NFTs? *WTF* even is an NFT? How do I set up a GameStop Wallet? How do I get a cool/custom wallet address? All these questions and more are answered here!
+
+🙋 ​[What's GME & should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+​
+
+# Is the Weekly Digest something you'd like us to continue doing? Let us know in the comments!
+
+# We will use your feedback to determine if this is the first Weekly Digest post, or the last Weekly Digest post.
+I found the [story here ](http://www.motherjones.com/kevin-drum/2013/09/somebody-stole-7-milliseconds-federal-reserve). If it was that difficult , how can millions be traded just before an announcement?
+As we all know, we can't predict the market, and from my understanding the (second) best time to get into crypto is now. With that said, I've finally moved my finances around to buy a few cryptos for a 5-10 year hold. But I ended up buying all of them right before this weeks dip and I'm already down.
+
+My current holdings:
+
+70% ETH, 20% OMG, 5% IOTA, 5%ARK
+
+also looking to dollar cost average every month into all of these plus adding LTC and possibly XMR and VTC.
+
+Anyways, my question is, how do you all handle your holdings when you end up buying right before a big, unexpected dip? How do you handle your stress and thoughts? And finally, when is actually the best time of the week to buy?
+
+Feedback on my portfolio is greatly appreciated too :)
+
+Thanks!
+ The [market cap growth](https://i.imgur.com/90lL6mT.jpg) for crypto is right on track with increasing volume. I think people had it too good the last year and got spoiled with unrealistic expectations. From my perspective, it's hard to go wrong buying and holding. This isn't a market for day trading. Anyone who tells you otherwise is getting lucky. There is no reasonable math/science/economics of any kind that works for crypto other than long term holds. In the short term, it's a crap shoot and highly manipulated. Stop worrying but also stop trying to get rich overnight. Pick up a company you like, put the coins in a wallet and don't look at them for a month. 
+I have a steady full-time job that pays $15/hour. currently my expenses including bills, car payment, and spending do not exceed $650 a month. That leaves me with about $1500 a month that could go to rent or savings. 
+
+Really I'm trying to decide if I want to move out within the next January into an apartment somewhere closer to work and school (as I live pretty far away) or save as much as I can for the next year and a half to buy a tiny house.
+
+**edit:** I did not expect to come back to this many responses. I genuinely appreciate all the advice given. From what everyone is saying, staying with my parents (at least for a little while) is the better option. Thank you everyone!
+Just curious if anyone knows if any upcoming events are causing the Bitcoin price rise again or is Bitcoin just being Bitcoin and pumped for no reason?
+
+Ethereum Devcon3 is around but it seems that it isn't as well publicized as it should be considering the amount and quality of people who will be there enriching the network.
+Aion Network has been firmly on my radar, in large part because I respected the very experienced team (you can read about what other's have said [elsewhere](https://steemit.com/blockchain/@schneeballen/who-is-aion-the-third-generation-blockchain-network)). 
+
+But today I had an epiphany. In a month (rumored, but Q1 confirmed), Aion is releasing an Ethereum compatible blockchain (Aion-1) in which its current Ethereum Token (AION - currently only available on etherdelta, but large exchanges also rumored) can seamlessly move from the Aion-1 blockchain to Ethereum, and back. Interchangeable. Skeptical, well remember, these devs have been in the blockchain business for years (aka, Nuco) and the CEO, Matt Spoke, is an early board member of the Enterprise Ethereum Alliance, so ya, they have a nice start.
+
+**Think what that interoperation means!**
+
+At the moment of release, rumored to be in Janurary, in just a few weeks, Aion's blockchain is an off chain solution for scaling an Ethereum token. Now, without specifics, it's hard to know how far that goes, but it does lead to the second epiphany.
+
+Aion primary blockchain, Aion-1, which interoperates with Ethereum, is also designed to foster other Aion-sister blockchains, in turn, fostering it's own internet of blockchains, and therefore, it own scaling. Aion-1 can't get bogged down as operation can be handled on sister chains. Need cryptokitties? No need for Raiden, just pop out a dedicated blockchain that is intimately interoperating with Aion-1 and Ethereum. (note, state channels are still valuable, just given an example)
+
+So, the Aion Network is not just bridging old school chains together (such as Ethereum and Bitcoin, etc). But also, allowing people to CREATE chains much like Ethereum creates tokens. This was my "well holy crap" moment. Because the token required to generate a sister Aion Network chains is also the one and only **AION token!!!**
+
+This is a huge! An effective model for scaling and expanding blockchains everywhere. We knew that Ethereum never adhered to the "one chain to rule them all" of Bitcoin. Well, Aion is the poster child for an inter-operating future. But not just the old chains, but literally, a chain factory, networked, INTERNET OF BLOCKCHAINS. And the initial chain that starts it all, Aion-1, is dropping in just a few months, maybe next month. Obviously fully realized development is planned over the next two years, minimum, but Aion-1 will drop VERY soon, starting the whole process.
+
+I'm starting to see how they already secured a major defense contractor (a fortune 1000 company). 
+
+Here's is specifically what they say:
+
+> Aion is the first platform to connect public blockchains not only to other public blockchains, but to private enterprise blockchains. Aion is a third-generation blockchain network that will enable any private or public sector blockchain to: 
+
+> * Federate: Send data and value between any Aion-compliant blockchain and Ethereum
+* Scale: Provide fast transaction processing and increased data capacity to all Aion blockchains 
+* Spoke: Allow the creation of customized public or private blockchains that maintain interoperability with other blockchains, but allow publishers to choose governance, consensus mechanisms, issuance, and participation.
+
+> **Aion-1**: At the root of the Aion network is a purpose-built, public, third-generation blockchain called Aion-1. Designed to connect other blockchains and manage its own applications, Aion-1 also provides the economic system that incentivizes interoperability in the ecosystem. 
+
+> **AION tokens** are the fuel used **to create new blockchains**, monetize interchain bridges, and secure the overall network. The AION token is initially being offered on the Ethereum blockchain as an ERC-20 token. As soon as the Aion network is operational, these ERC-20 tokens can be seamlessly converted to AION network tokens, and will continue to be able to flow freely back and forth between these two blockchains.
+
+**I could not be more excited to watch this project in the months ahead** It paints a very exciting future!
+Guten Tag to this global band of Apes! 👋🦍
+
+Yesterday certainly proved to be exciting, with the realization that the NSCC is once again attempting to rewrite the rules to create a scenario in which the Institutional Shorts aren't destroyed by their bad investment decisions crashing down around them. Fortunately for Apes, these rules (while dense) are clearly far too much of a rewrite to the basic mechanics of the markets, and I do not see any reasonable chance that these proposals gain approval. That they have resorted to such desperate measures is telling that they agree that the MOASS is inevitable, and they don't have even a glimmer of hope as things stand today.
+
+Meanwhile, Citadel lost a huge portion of its long position in the Netflix collapse, on top of the losses they experienced on Facebook earlier this year. Their margin collateral is evaporating before our eyes, though they appear to exist within a bubble that no lender dares to disturb with a margin call. Their prime brokers are knee-deep in bad swaps, so they all collectively agree to ignore the situation and let it get worse.
+
+And it *will* get worse. Apes continue to buy, DRS, and HODL with Diamantenhände. GME awareness is spreading. GameStop is rapidly approaching a shareholder vote that will directly lead to a stock dividend that is going to destroy the shorts, much like Ryan Cohen does when he eats too much fruit. The losses on Netflix and Facebook are going to be nothing compared to the losses they'll sustain when they must furnish 7 actual shares for every one they are short.
+
+The MOASS is inevitable, my friends.
+
+Today is Thursday, April 21st, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$147.76 / 136,44 €**  *(volume: 280)*
+- 🟥 115 minutes in: $147.56 / 136,25 €  *(volume: 279)*
+- 🟥 110 minutes in: $147.75 / 136,43 €  *(volume: 250)*
+- 🟥 105 minutes in: $147.86 / 136,53 €  *(volume: 231)*
+- 🟥 100 minutes in: $147.94 / 136,60 €  *(volume: 230)*
+- 🟥 95 minutes in: $147.96 / 136,62 €  *(volume: 229)*
+- 🟥 90 minutes in: $148.00 / 136,66 €  *(volume: 213)*
+- 🟥 85 minutes in: $148.01 / 136,67 €  *(volume: 211)*
+- 🟥 80 minutes in: $148.02 / 136,68 €  *(volume: 211)*
+- 🟥 75 minutes in: $148.07 / 136,72 €  *(volume: 211)*
+- 🟥 70 minutes in: $148.08 / 136,74 €  *(volume: 211)*
+- 🟩 65 minutes in: $148.31 / 136,94 €  *(volume: 201)*
+- 🟩 60 minutes in: $147.99 / 136,64 €  *(volume: 201)*
+- 🟥 55 minutes in: $147.94 / 136,61 €  *(volume: 191)*
+- 🟥 50 minutes in: $148.31 / 136,94 €  *(volume: 189)*
+- 🟥 45 minutes in: $148.35 / 136,99 €  *(volume: 164)*
+- 🟩 40 minutes in: $148.42 / 137,05 €  *(volume: 164)*
+- 🟥 35 minutes in: $148.08 / 136,74 €  *(volume: 64)*
+- 🟩 30 minutes in: $148.50 / 137,12 €  *(volume: 63)*
+- 🟩 25 minutes in: $148.49 / 137,11 €  *(volume: 56)*
+- 🟥 20 minutes in: $148.46 / 137,08 €  *(volume: 56)*
+- 🟩 15 minutes in: $148.61 / 137,22 €  *(volume: 56)*
+- 🟥 10 minutes in: $148.60 / 137,21 €  *(volume: 55)*
+- 🟥 5 minutes in: $148.64 / 137,25 €  *(volume: 15)*
+- 🟥 0 minutes in: $148.71 / 137,31 €  *(volume: 5)*
+- 🟥 US close price: $148.85 / 137,44 €   *($148.22 / 136,86 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.083. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+A few questions to ask yourself:
+
+- Why does the price pop consistently every T+21 days?
+
+- Why does the price flash crash before going above $350?
+
+- Why have we now experienced almost three gamma squeezes with lots of abnormal downward pressure?
+
+- Why is the repo market blowing up and continuing to blow up?
+
+- Why have banks + Citadel been told to bring sleeping bags to work and been not allowed to leave since mid April? [Just a joke about the sleeping bags lol. They have been "busier than usual" on google analytics for the nights and weekends]
+
+- Why are the DTC, ICC, and OCC all prepared for massive defaults in the financial world?
+
+- Why does Crypto dump prior to every T+21 cycle?
+
+- Why have other subbreddits been taken over and peddle other stocks which go on insane runs prior to GME taking a hit?
+
+Lots more to list of course! As well as all of the DD and AMAs!
+
+They haven't covered in my eyes. 
+
+One of them on Kenny's team isn't accepting the /forfeit vote.
+Hi All.  My spouse and I are considering getting an investor's visa from Portugal.  The cash layout for the investment would be 350k EUR (\~420k USD right now) plus about another 60k  in fees, etc.  In theory, the investment will yield 3% per year over five years, nothing for a year or two, and at the end we can apply for citizenship.  I think retiring in southern Europe sounds great, but do I really need a citizenship or permanent residence for that?  Is it worth is as a back up plan should things go south in the US?  Is it possible to just live in Europe and buy an exUS health insurance plan?  For background, I'm 43.  My spouse is 35.  Our current NW is \~$1.6M and we have a plan to retire in about 10 years with a little over $3M, which would get knocked down to \~$2.5M if this investment payed out and paid back nothing, though the 3% yield and a 100% buyback once we get our citizenship is guaranteed.  We would plan to live in Portugal or elsewhere in the EU for 10-20 years after retirement, at least until medicare kicks in.  Healthcare in the US would eat up a lot of our budget and limit where we could live.  I've already had some pretty major health issues so affordable healthcare is pretty important to us, but I'm not sure it's worth the opportunity cost and fees.
+
+​
+
+Just editing to add responses to common replies:
+
+We are still working and about 10 years from retirement, so moving there for a few months/years to see if we like it isn't going to happen.
+
+The visa would  lead to citizenship, so even if we hate Portugal we'd have all the other EU countries to choose from.  And sure, maybe expat life isn't for us, but things like stores closing early aren't going to be a huge problem if we're retired.
+
+Other cheaper visa types would be fine if were were already retired and actually looking to move to Portugal, but in theory we would only use the country to get into the EU.  All other visa programs that lead to citizenship (or not) would force us to live in Portugal (or whatever other country) for five years.  The golden visa basically skips the five year residence requirement and qualifies you for citizenship spending an average of seven days a year in the country.  So four vacations in Portugal and we can be citizens.
+
+I also like the idea of having Portuguese citizenship as a backup plan if things get worse in the US, either politically or economically.  I understand that things could happen in the EU as well, but my thinking is that two citizenships are better than one in this regard.
+Throwaway account. I need some advice and guidance from redditors here who have achieved fatfire. My partner and I are currently at a networth of $3 million ($4mm less $1m liabilities). $850k of NW is in our primary residence, while the rest is generating income through shares and rental properties. We both hold stable jobs that generate approximately $150k after tax, in a somewhat low to medium level cost of living and our personal expense per annum is approx. $60k. We are in our mid 40s, 2 kids. 
+
+Recently I've been using a number of net worth projection tools, plus one of my own to better understand our options around investing. All the tools seems to point to us getting close to $10mm in 15-20 years time, if we continue to invest at an estimated conservative return of 7%, while working for another 10 years. 
+
+My question is this: has anyone been in a situation similar to ours before, say 15 years ago, and just continued to invest in the market, and generate income from rental properties and made it to fatfire. Is it realistic to get close to $10mm in 15 years from a base of $3mm doing what we're doing now? What can we do to increase our chances to get to this target? 
+
+Appreciate any advice, especially from those of us who've "made" it to fatfire. Cheers.
+
+Edit: a lot of comments saying that if we retire at 60, then it's not fatfire. The plan is to semi retire at 50-52 and fully retire at 55. After that the plan is to let the money grow by itself to however much, as long as we spend less than what the principal generates in income.
+Might be an out-there post, but reading Seneca's Letters to Lucilius I was struck by [18](https://en.wikisource.org/wiki/Moral_letters_to_Lucilius/Letter_18) and [20](https://en.wikisource.org/wiki/Moral_letters_to_Lucilius/Letter_20), which advise fatties (like Seneca was) to pretend being poor to rid themselves of the anxiety of losing everything.
+
+It seems like an interesting experiment for personal growth (i.e., relax a bit about SWR) and for child-rearing purposes (lack of 'practice' being a big difference between the bootstrap generation and their children). Has anyone here tried it? How'd it go?
+
+Quote from 18:
+
+> Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with coarse and rough dress, saying to yourself the while: "Is this the condition that I feared?"
+
+Quote from 20:
+
+> I hold it essential, therefore, to do as I have told you in a letter that great men have often done: to reserve a few days in which we may prepare ourselves for real poverty by means of fancied poverty.
+As we are all aware the Canadian government chose a "pay first ask questions later" method of distributing benefits for people in need during covid. In this blanket approach many people received benefits that shouldn't have. I don't see how CRA will be able to scrutinize each account individually. I suspect they will also use a blanket approach in determining who will have to pay it back and they probably won't add penalties just to prevent being swamped with files and also to be "lenient". What do you think? Will CRA take aggressive action or not.
+
+And for the record I was lucky to be fully employed during the pandemic I'm asking out of curiosity as this has never happened before in my lifetime. Thanks
+Hey guys recently just started investing as of last week (Glad I took the first step) I’m using wealthsimple. I opened a 2.4% interest rate account with them along with a TFSA account. They seem be really helpful for first time investors . However I’m a skeptic and realize that everything that shines isn’t always gold that being said I am curious to know from the Pros of this reddit, are there any down sides to wealthsimple after you build up a reasonable portfolio. What are the pros and cons of this service
+
+Thank you kindly
+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!
+
+I think this subreddit has a pretty diverse set of people browsing that are not blind, nor stupid. I strongly believe a great deal of these "news" articles have been brigaded or vote-manipulated.
+
+"Russia investing in bitcoin = fake news." Absolutely, I do not disagree with that. Taking a completely non-influential Russian's political beliefs on Twitter and spinning a news article on it - that's some bull shit. Conflicting articles on the legality of cryptocurrency in India, this is all dog shit.
+
+If cryptocurrency is to be taken seriously, if it is to be the "way of the future", then its advent would only be accelerated by destroying websites that are profiting off of the fringes of the success of cryptocurrency. 
+
+EDIT: If a political figure, political body, celebrity, or well-known entrepreneur / business owner (Elon Musk, Winklevoss Twins, a state senator, a massive city's mayor, a country's president, etc.) have something to say, usually they'll say it on Twitter and it's better for us to see what they say there than read some news source that's going to make 1000 words out of what these public figures can say in 280 characters on social media.
+
+EDIT 2: While I won't list any specific articles, I suppose **some, purely 100% speculative** articles would be just fine. For example, if someone maintains a blog on Medium and investigates the topic of a particular bitcoin ETF, or if someone runs a wordpress blog and entertains the idea of banks offering cryptocurrency custody solutions, or if somebody cites real sources from real people without trying to jump to B.S. conclusions, I'm all for it! I just don't want to see something that says, "BAKKT is coming online. So now president Trump supports bitcoin!" in the headline.
+Gulf Resources Inc. (GURE) and SGOCO Group Ltd. (SGOC) both have positive earnings per share, and their most recent annual returns on capital are in positive territory, with average returns for capital over the past ten years in double digits.  
+
+A conservative estimate of GURE's liquidation value (based on net current asset value, in case book value isn't conservative enough) puts it at $4.39 per share.  That means that, if the company were to declare bankruptcy, investors can expect a distribution of $4.39 per share after the company's debts are settled..  Today's closing price was $2.49 per share.
+
+SGOC's net current asset value is $2.04 per share.  Today's closing price was $0.50.
+
+So today I bought about $1,500 of each company.  I'm trying to figure out how this isn't free money.  They have excess returns on capital above their WACCs, and their tangible book values have increased over the last fiscal year.  So their values aren't shrinking.  Both companies have been buying back shares over the past year, so this isn't a dilution scam
+
+It seems like the only risk is that they're committing fraud with their financial statements, but if that's the case I could just sign my name onto the class action lawsuit and get my money back with interest.
+
+I just set a limit order for both at their NCAVs, and should make $10k, even if both stocks go bankrupt.
+
+I'm wondering what you guys think.  Where's the risk?  Is there risk?
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+ive been lurking here for a good while and am really thankful i found this sub. my finances have been shit for awhile but seeing other people posting their struggles with money and savings woes has given me confidence tht things will get better. I have taken alot of advice posted here to heart and whenever im feeling depressed bout my situation i remember to come here and read other peoples situations.
+
+
+so ive basically been trying to manage my money better paying off bills and credit cards then setting aside a decent amount in saving for emergency. long story short i was on my lunch break yesterday and went to go get some food. Upon leaving the restaurant on my way back to work my car wouldnt start ( the starter gave up on me, in total towing the car and replacing the starter cost me 500 dollars). Previously i wouldnt have even come close to having the funds to be spending on getting this problem fixed but because i really took heed to the advice laid out here i was able to fix my car and get back to work today. I honestly am so thankful i started the emergency fund and am now planning to allocate as much as i can to future deposits!
+
+Fuck I hope it pays off. I've always felt Ford could be a good company and I invested at around $10. In the near term I think the chippy chip shortage is a drag but I have a lot of hope that their push to innovate and partner with EV companies pays off and they see shares move closer to $20. Im not in it for a moon landing but I believe they can be a good long haul
+
+Quick edit so I don't have to repeat comment: Fords management decisions on EV are what have me excited. I think it shows that they are trying to be more competitive than they have been the last 20years and shows intelligent movement that makes the stock at its current price much more desirable. If it were just GM or another car co I wouldn't really see it as significant
+
+Last Edit: thank you lovely folks for the awards that I don't really understand. If ever I've had imposter syndrome, it's getting an award for wholesomeness
+Title should be “we” not “I”.  I was tired when I wrote it :)
+
+My last post got deleted because I should be focusing on "path, challenges or choices I made".  So here we go round 2!
+
+​
+
+I am a son of a immigrant, I was raised on food stamps and parents filled bankruptcy when I was in highschool so there is no windfall here. In college I had a 3.1 GPA, so I am not "smart" by any means, I am just a hard worker and created my own luck.
+
+We did get "lucky" where we have no college debt.  I paid my off in 2014 ($10k) I went to college for free because parents were so poor.  Wife's parents paid for her college.
+
+Out of college I worked for a large 20 accounting firm for 3 years making around 55k-65k.  Around then that I got married in NJ (wedding cost no more then $10k) and saved up around $60k with my wife (also making about $10k more then me in salaries) to purchase our first house in 2017 for $410k with a $350k mortgage.  We now have 3 kids, a 3 year old and twin 2 year olds.  See a chart for our income growth over the year..(these gross rounded before taxes and deductions, H is husband (me) and W is wife) 
+
+Salaries
+
+2016 - H $65k W $90k
+
+2017- H $70K W $92k
+
+2018- H $80K  W $94k
+
+2019- H$85k  W $96K
+
+2020- H$110K W $114K - I got new job + promo, wife got promo (two tax managers :D )
+
+2021-H $114K W $118K + H Bonus $18K + W Bonus $10K 
+
+​
+
+Assets
+
+|Year|Property|401k (H+W)|Other (taxable, HSA, 529's)|Notes|
+|:-|:-|:-|:-|:-|
+|2017 -  January 1|$424k|$78k|$0||
+|2018 -  January 1|$405k|$113k|$0||
+|2019 -  January 1|$420k|$129k|$17k|Maxed 401k|
+|2020 -  January 1|$485k|$192k |$23k|Maxed 401k, started vanguard VTSAX|
+|2021 - January 1|$490k|$265k|$53k|Maxed 401k |
+|Today|$503k|$359k|$78k||
+
+Debts
+
+​
+
+|Year|Mortgage|Car Loans|
+|:-|:-|:-|
+|2017 -  Nov 1|$350k|$12k - Mazda|
+|2018 -  January 1|$349k|$9.5k - Mazda|
+|2019 -  January 1|$342k|$0 - Mazda $0 Pilot (purchased pilot and paid cash, twins were born needed bigger car)|
+|2020 -  January 1|$336k|$0|
+|2021 - January 1|$337k (refi)|$0|
+|Today|$332k|$0|
+
+ Our net worth will slow down now that we pay $4k a month in daycare...
+
+​
+
+Things we do that we feel are different....
+
+* Monthly CC usually is around $2.5k
+   * $800 food
+   * $200 restaurants
+   * $500 random shopping (clothes, misc items)
+   * $50 phone
+   * $50 internet
+   * $100 gas
+   * the rest is whatever else happens that months really
+* We only have a mortgage as our debt, we pay off Credit Card every month, we made sure we bought a car we could afford and pay off
+* We communicate to each other and work as a team
+
+It's not a big milestone as you can see...this is combined and a lot is property and 401k, but still! Ask my any questions :)
+There's a true **cult**ure problem within and without the United States. 
+
+Let's remember that old adage "follow the money." And that leads to, summarily, one place in the here and now: Wall Street.
+
+The *Wall Street regime/network* is directly tied to:
+
+* propping up and perpetuation of the military industrial complex
+* propping up and perpetuation of the prison industrial complex 
+* lobbying against healthcare reform 
+* manipulation of honest companies 
+* fostering and encouraging ignorance of climate change 
+* skewed/corrupted banking policy and basic inflation
+* outright criminality; i.e. fraud, theft, national and international bribery and lobbying, etc..
+* national and international destabilization via "profits over people" culture and dogma  
+
+We will look back on the Wall Street regime and network the same way we do genocidal nations/regimes in 10, 20, 50, 100 years. Of that, have no doubt.
+
+In case it's not obvious to anyone, we're talking about [banal evil](https://philosophybreak.com/articles/hannah-arendt-on-standing-up-to-the-banality-of-evil/) ultimately.
+
+>...was instead a rather bland, “terrifyingly normal” bureaucrat. He carried out his murderous role with calm efficiency not due to an abhorrent, warped mindset, but because he’d absorbed the principles of the ... regime so unquestionably, he simply wanted to further his career and climb its ladders of power.
+
+For what it's worth, I've found that the Jon Stewart episode about this issue is *excellent* in introducing people to the whole thing. If you're looking for an easily palatable way to educate people, then here you go. 
+
+>[How Redditors Exposed The Stock Market | "The Problem With Jon Stewart" ](https://www.youtube.com/watch?v=bP74RBTE8kI) 
+
+Fwiw, at 7:00 there's a graphic that's easy to understand and the main reason for even mentioning the video.
+
+Here's some of the [second half](https://www.youtube.com/watch?v=iZfcjV-8pjQ).
+Buffett: "Never."
+
+Lynch: "Only when your story changes."
+
+Graham: "After two years or you've achieved 50% returns, whichever happens first."
+
+So which one is it
+
+EDIT: MAN this thread was a mess. I sold 40% od my position in a company and kept the other 60% held there for potential upside to catch. I took out a small amount for personal things (a very small amount) and left the rest in my portfolio to move into two other investments, one new one and bolstering a current holding with more weight in my portfolio. Either way, yesterday was a good day.
+[Russians are no longer allowed to leave Russia with more than $10k in a foreign currency.](https://www.marketwatch.com/story/putin-signs-decree-to-prohibit-leaving-russia-with-more-than-10-000-in-foreign-currency-01646176225)
+
+Now imagine you want to leave Russia and bring money with you. You don't want to hold Rubles because they're losing value by the second. You can't hold foreign currency. 
+
+How do you bring money with you? Crypto. You buy lots of BTC and ETH, store your wallet keys safely, and leave the country with no one any the wiser. 
+
+**Russians will use crypto to get out of the hellhole that is Russia and start a new life, now that they can't use foreign currencies to do it.**
+**Update**
+20/7/2015 9:28 My account is now back to normal :) ... http://imgur.com/g7DoS76
+
+20/7/2015 15:40 Had a call from Barclay's. They confirmed this as a technical glitch and said they will put 150 pound into my account as an appology.
+
+Thank you to everyone on Reddit who helped to solve this. I really appreciate it <3
+
+----------------------------------------
+
+This morning I checked my online banking. I'm with Barclays. Both my normal account and savings accounts were suddenly in a huge amount of debt :
+
+Normal account: -₤99995
+
+Savings account: -₤99681
+
+Screenshot of my online banking: http://imgur.com/XTH0OUQ
+
+Photo of balance slip from cash machine: http://imgur.com/VjUU6zT (sorry best image I could get, but can be seen)
+
+My account is a basic account. I can not have an overdraft. I have a Visa chip and pin, but it's a basic account. My savings account has a card, but I can only use it in Barclays. It's not a Visa. The bank wouldn't even allow my account to go into  ₤10 debt, let alone ₤200k!
+
+I thought this was an online error. I thought maybe their site was acting up. I went to the cashpoint and was shocked when the cashpoint said I was nearly 100 grand in debt!
+
+At this point I went straight into the bank and asked them to check both accounts. The cashier confirmed they were both in debt by nearly 100k. But couldn't explain why.
+
+I sat with a Barclays advisor at the Halesowen Branch for over an hour whilst she tried to find out why so much money had been taken from my accounts. The advisor had to call the same numbers customers do ... which goes straight through to an Indian call centre. I was shocked that Barclay's own staff have to use the same call centres customers do. She confirmed they don't have direct numbers to UK call centres!
+
+The advisor was passed from pillar to post. She was cut off by one of the call centres because they didn't know how to deal with my account. So we had to start the whole process again!
+
+I was told that the transactions were "forced" on their system. I don't know what this means though. They said they were card transactions. Really ...for 100k each, even though one account is just a basic Barclays card?
+
+In the end the bank closed, and I have to go back in the morning.
+
+All my money is in those accounts. I rely on this money to feed my family! Because I'm in 100k debt in both accounts I can't access my money. I explained this to the advisor in Barclays but her line manager had went home so nothing could be done.
+
+I'm not even rich. I have Aspergers and I claim ESA as I'm mentally unfit to work. So why would they take 200k from me, and then deny me access to the little money I have? They had no issues escorting me off the premisis at closing time knowing I had no money to buy food because of their error! We have a 7 year old too and I explained I need this money to live.
+
+Ps. sorry about the grammar error in the title.
+
+**Updates**
+
+17/07/2015 9.00am: It's 9am, and over 24 hours since my account was place in debt. My account is still in debt! I was hoping that it would have returned to normal today :( Off to the bank in a moment to see if I can get this sorted.
+
+17/7/2015 10.00am: Just came back from the bank. I have to go back in 30 minutes. Nobody knows what's going on. The code on the transaction is a BLT (or BTL). They're currently trying to figure out what this code means because they don't even know. They can't tell where the money went either. The branch staff have been awesome though in trying to resolve this. Still no access to my money though :(
+
+17/7/2015 10:58am: Been back to the bank. They're currently sending emails to other colleagues higher up to see if they can take a look at it. At the moment I'm in limbo, and I'm still not allowed access to my money. Just sitting around now waiting for the bank manager to call me. It was pointless sitting around in the bank as he wasn't certain when they would respond.
+
+17/7/2015 11:41am: Contacted the Financial Ombudsman to see if they can sort this. Their response ... they can't really do anything. They will start the complaint, but the bank has 8 weeks to respond. 
+
+I explained my situation, and I asked if this would be considered an exceptional case and asked if she could do anything to speed it up. She said she would email the bank regarding the complaint immediately to try speed things up. She admitted though, at this stage the FO is powerless. I have gone through with the complaint and got my reference number.
+
+My concern is it's now 1.25pm, and nobody has called. I've been to the bank so many times I feel worried that I'm just an annoyance to them now. There's nothing more they can do except wait. If this isn't sorted today then I'm left with nothing over the weekend :( My electric just ran out too! I hope to God they sort this today and not leave it until Monday!
+
+I have explained all of this to the people at the bank. They are sympathetic, but are unable to override anything to allow me access to my funds.
+
+17/7/2015 2:23pm: Barclays called. I can take out the £290 that's benefits. The other money that was in my account I am not allowed. I think by law they have to make the benefits available. My other money is still tied up. They still can't confirm what's going on, or what has gone wrong. This is not solved. Far from it. My account is still stuck in debt and I am not allowed to access any money that's not from benefits. So my savings are stuck.
+
+At least I have money over the weekend, that's something.
+
+17/7/2015 3:27: Got the benefits money. Was denied the rest of my cash. Nobody knows when it will be sorted, or what's happened. I will keep this updated when I hear something. I'm very interested to know how this happened.
+
+18/7/2015 9:45am: Bank still in debt. Looks like it will stay that way over the weekend. So much for them treating this as a matter of urgency ...
+I hear time and time again that selling puts is dangerous. How is it more dangerous than just buying stock if it's a cash secured put?
+
+I can understand if you are selling puts you can't afford to purchase, but if it's cash secured it's no more dangerous than buying stock.
+
+In fact it's less dangerous. If I buy 100 XYZ at $100 and the stock drops 10 points, I'm down $1000 and am stuck bagholding until it comes back up. If instead I sold a $95 put, I get assigned and I'm only down $500 minus the commission I earned selling the put.
+
+If the stock goes to zero, I'm still better off than the person who just bought the stock outright.
+
+Just curious on your thoughts.
+[https://www.irishtimes.com/business/technology/google-used-double-irish-to-shift-75-4bn-in-profits-out-of-ireland-1.4540519](https://www.irishtimes.com/business/technology/google-used-double-irish-to-shift-75-4bn-in-profits-out-of-ireland-1.4540519)
+
+​
+
+  
+
+[Google](https://www.irishtimes.com/topics/topics-7.1213540?article=true&tag_company=Google) shifted more than $75.4 billion (€63 billion) in profits out of the Republic using the controversial “double-Irish” tax arrangement in 2019, the last year in which it used the loophole.
+
+The technology giant availed of the tax arrangement to move the money out of Google [Ireland](https://www.irishtimes.com/news) Holdings Unlimited Company via interim dividends and other payments. This company was incorporated in Ireland but tax domiciled in [Bermuda](https://www.irishtimes.com/topics/topics-7.1213540?article=true&tag_location=Bermuda) at the time of the transfer.
+
+The move allowed Google Ireland Holdings to escape corporation tax both in the Republic and in the [United States](https://www.irishtimes.com/topics/topics-7.1213540?article=true&tag_location=United+States) where its ultimate parent, Alphabet, is headquartered. The holding company reported a $13 billion pretax profit for 2019, which was effectively tax-free, the accounts show.
+
+A year earlier, Google Ireland Holdings paid out dividends of €23 billion, having recorded turnover of $25.7 billion.
+
+Google has used the double Irish loophole to funnel billions in global profits through Ireland and on to Bermuda, effectively put them beyond the reach of US tax authorities.
+
+Companies exploiting the double Irish put their intellectual property into an Irish-registered company that is controlled from a tax haven such as Bermuda. Ireland considers the company to be tax-resident in Bermuda, while the US considers it to be tax-resident here. The result is that when royalty payments are sent to the company, they go untaxed – unless or until the money is eventually sent home to the US parent.
+
+The “double Irish” was abolished in 2015 for new companies establishing operations in the Republic. However, controversially, it allowed those already using it until the end of 2020 to phase it out.
+
+Google overhauled its global tax structure and consolidated its intellectual property holdings back to the United States in early 2020, meaning 2019 was the final year in which it availed of the arrangement.
+
+Up to late 2019, Google Ireland Holdings Unlimited Company was an intellectual property licensing company with turnover derived from the licensing of IP to subsidiaries. The accounts state it had no employees and that it was tax resident at the time in Bermuda, where the “standard rate tax is 0 per cent”.
+
+Commenting on the movement of the profits out of its Irish unit, a spokeswoman for Google said: “In December 2019, in line with the OECD’s base erosion and profit shifting (BEPS) conclusions and changes to US and Irish tax laws, we simplified our corporate structure and started licensing our IP from the US, not Bermuda. The accounts filed today cover the 2019 financial year, before we made those changes.
+
+“Including all annual and one-time income taxes over the past ten years, our global effective tax rate has been over 20 per cent, with more than 80 per cent of that tax due in the US,” she added.
+
+The accounts state that Google Ireland Holdings Unlimited Company became tax resident in Ireland from January 1st, 2021, and that it now just operates as a holding company.
+
+Turnover for the holding company rose from $25.7 billion in 2018 to $26.5 billion in 2019. The increase was primarily due to a rise in turnover recorded by the company’s subsidiaries, which results in higher royalty payments.
+
+Dividend income from shares in group undertakings jumped from just $2.9 million in 2018 to $597.5 million a year later. The accounts also show a $3 billion increase in research and development costs in 2019, with the company incurring R&D expenses of $10.4 billion under a cost-sharing agreement with other Google entities globally.
+
+Google Ireland, the tech company’s main operating Irish subsidiary with over 4,000 employees, recorded €45.7 billion in revenues in 2019 with pretax profits amounting to €1.94 billion. It paid €263 million in tax that year, down nearly €9 million versus 2018.
+
+It is estimated that US multinationals were holding more than a $1 trillion in profits offshore via mechanisms such as the double Irish and the so-called Dutch sandwich by the end of 2017. Tax cuts introduced by former US president [Donald Trump](https://www.irishtimes.com/topics/topics-7.1213540?article=true&tag_person=Donald+Trump) in 2019 have led to some of those profits being repatriated to the United States.
+https://www.bloomberg.com/news/articles/2017-07-21/bank-of-america-chooses-dublin-for-main-eu-hub-after-brexit
+
+Why do you think a large American bank favored Ireland?
+Online shows this account at 3% APY with no fees and no minimums or maximums. I can open an account, link my bank, transfer it over? 
+
+Also wanting some feedback on how easy it is to use. Transfers, deposits, stuff like that. I’m earning basically nothing on my current savings account through the local credit union.
+Disclaimer/Warning – I made my money in the tech industry with a higher than average wage. I know this is not fair and this triggers some people, please move on if you are not interested in on progress of a high wage-earner executing FIRE.
+
+**Recap**
+
+Last year, I made [this post](https://www.reddit.com/r/financialindependence/comments/hx6jj1/today_is_the_day_with_thoughts_numbers_and_graphs/) when I left traditional employment (I’m not a fan of really calling it retirement at this point). I’m not going to rehash my process up to leaving traditional employment, but to summarize – I took me 10 years of work to reach 500k net worth (NW). Then in the next 6 years I was able to grow to a NW of 2.5M, reaching my targeted 3.3% withdrawal rate to give me 87k (pre-tax) annually to live off of.
+
+**The Overall Numbers - One year later**
+
+I stopped contributing to my my NW through employment, started post-employment withdrawals, and saw the largest year-over-year increase to my NW... over 1M. Huh.
+
+A graph of my NW over the last 5 years can be seen [here](https://imgur.com/a/6PmhbbG). The red doted line is the point of where I left employment. Clearly this last year has gone better than I had dreamed, and it came a key time, the first year has the largest impact on the future health of the savings. I wasn’t sure how to represent withdrawals on the graph, but they are draining from the bottom category first (private contributions, leading it to go below the zero line).
+
+There is also a new category of net worth on the graph, housing. Up to this point in my journey, I had not bought a house. I hadn’t necessarily decided I was going to do so after FIRE’ing, but,  growing rental prices had me concerned that at the current trajectory, my current MCoL city would price me out, and I would have to move after several years. I also had growing concerns of inflation (which now seems to be justified). Locking in my monthly housing costs, the largest portion of my budget, seemed like a smart move. You may notice that my NW had a higher housing portion in Q1 2021 than Q2. Given my lack of transitional income, I had taken a greater starting cash position of the house, before settling on an 80% financed position, in order to get an optimal mortgage rate.
+
+I’m keeping my allocations largely the same as I outlined in my first post. I still have 2.5 years of living costs in cash/bonds as part of my “modified bond tent” plan. I’m still keeping 10% into speculative investments, and my picks for the last year have worked well (yes, it’s hard for that not to be the case in the current market).
+
+**Withdrawals**
+
+I totally blew past my annual budget of 87k, withdrawing 117k. I sold off a large position of TSLA and had a larger tax bill that accounts for the difference. TSLA grew to a value where I viewed it as overvalued, and I wanted to lock in my gains. A larger than expected tax bill is not something I had originally budgeted or foretasted in my models. But I’m going to basically view a larger tax bill combined with a much larger than expected return for a year as “just fine”.
+
+At this point, I’m not adjusting my budget based on better-than-expected 1st year. So with 2% inflation I have a budget of 89k for this next year. 
+
+**Life**
+
+I never really had a point of it “hitting me”, I just slowly grew accustomed to not working my traditional job. I don’t miss 90% of the job, but I do miss some of the people I worked with. Overall, I’m much happier than I was a year ago, and far less stressed.
+
+Mid-COVID crisis was a less than ideal time to move from my HCoL to my new MCoL city. I’ve moved several times in my life, and this has been by far the most challenging time I’ve had trying to establish a new set of friends. But as things are finally recovering, so are the social possibilities. I hope to greatly improve this over the next year.
+
+I’m a driven individual, so I wasn’t able to just quit working and just play games, watch movies, and travel. After a few months off after quitting, I quickly ended up spending about 40 hours a week on a mobile app. It’s a niche app that I find fun/challenging to build, and likely won’t substantially make an impact on my finances (that is not the point). Its pulled in an extra 10k of income, which amounts to $6 an hour, hah. I’m using the extra money as a “budget bonus” to fund house projects.
+
+As mentioned, I bought a house. It was largely a fixer upper, but hey, I have the time. For the last ½ year I’ve been doing about 20 hours a week fixing up the house. I don’t have a ton of experience in this type if thing, but now is a great time to learn, there are countless YouTube tutorials that have helped guide me.
+
+I’m also now in the best shape of my life. Roughly 4 times a week I take a morning or afternoon and climb, hike, bike or do whatever fun outdoor activity that is both fun and great for maintaining a healthy life.
+
+**Wrap-up**
+
+Once again, I’m not really sure what I’m looking to get out of this post. Mostly I guess it’s a good exercise that forces me to reflect on the last year. Hopefully it’s interesting or of value to someone on this subreddit. I'll answer some questions below, and do an update in another year.
+I understand that different cities have their own MLS. Is this run by the government? Is it run by private companies? If they are run by private companies, what is their incentive and how do they make money? 
+
+Also, what website can I got to find the MLS for different cities? For example, if I want to find the MLS for Los Angeles then do I just type in MLS Los Angeles in google or is there a specific site I can go to find all the official MLS’s
+Hi everyone, I just renewed my home insurance and seen that it was almost doubled from last year. I called the insurance company and the representative told me it increased so much due to inflation and rising costs. I wished I shopped around earlier to get a cheaper policy. Did anyone else had this problem?
+My yearly income is now $50,000 pre-taxes. $38,000 is from my new salary and $12,000 is from a rental property that was passed to me after a tragic death in the family.
+
+Between my checking and savings accounts, I have about $13,000 and almost $600 in a 401k, which I currently contribute 6% to (company does not yet match).
+
+My remaining student debt is about $8,000.
+
+I realize I am very lucky to have this financial situation at my age. I’m currently not touching the money from the rental property, and I’m saving 20% of each paycheck (6% into the 401k and 14% into a savings account).
+
+Should I put more into the 401k or just keep going as I am? Is there something better I could do? Thanks
+- http://www.pcworld.com/article/3199257/components-graphics/why-amds-radeon-graphics-cards-are-almost-impossible-to-buy-right-now.html
+
+- https://www.financemagnates.com/cryptocurrency/news/ethereum-mining-rush-leads-shortage-amd-graphics-cards/
+
+TUESDAY EDIT: https://youtu.be/aAn9cmCbkUo?t=36
+[https://www.cnbc.com/2022/12/09/cryptocom-kris-marszalek-involved-bankruptcy-offshore-holdings-client-money-monaco.html](https://www.cnbc.com/2022/12/09/cryptocom-kris-marszalek-involved-bankruptcy-offshore-holdings-client-money-monaco.html)
+
+ 
+
+* **Before founding Crypto.com, Kris Marszalek was involved in multiple ventures that ended in collapse, including one where suppliers claimed they were unable to access their earnings.**
+* **Over a decade ago, Marszalek and his business partner were paid millions of dollars by  their manufacturing company, months before it entered bankruptcy.**
+* **In a tweet thread published ahead of this story, Marszalek wrote “startups are hard,” and “you will fail over and over again.”** 
+Check the counter Bitcoin argument.....Saylor just countered Elon in the most polite, structured and logical way possible 
+
+https://youtu.be/TeVvtSCfcQ4
+
+
+Key take away - Bitcoin is an exponentially energy efficient super secured network that will decentralize the financial future of tomorrow....
+
+Super bullish ...and this dip is just an opportunity you should not ignore if you believe like gold fiat is the next asset to be replaced by the new era of economic independence 
+
+
+P.S. Elon tweeted back to the video by Saylor stating 'Saylor Moon'.....What a troll who is losing respect every second of the day
+
+EDIT: Not sure why getting downvoted by DOGE lovers....but can't stop posting facts
+I feel like nobody wants to really talk about it. When we purchased our property I made sure it had no Asbestos. It was built in 2005 so Asbestos was phased out at this point. Given the government has been so focused on public safety I always wondered why they didn't provide funding for people to remove asbestos safely. The fellow below lost his wife to Asbestos and regularly posts about the economy including the risks related to buying, renting and renovating homes with Asbestos. 
+
+https://youtu.be/GEN76ET29Zs
+
+Edit: appreciate people say it's all good but just listen to some of his videos on his point of views. What you got to lose? I mean we are talking about our health here. Also read some of the comments. Plenty of people saying they have been impacted by Asbestos. 
+
+Edit 2: a comment from one the YouTube posters....
+
+Matty Reardon5 days ago
+
+"I'm infected with asbestos. I'm 35 and it happened 5 years ago doing NBN work for Telstra. I have zero recourse until I show symptoms. It's a joke. When you show symptoms you have a few years left at the best. I'm sorry for your loss".
+
+Walk the World notes... 
+
+"Undisturbed is a myth, as it deteriorates in place - the industry plays that tune to disguise the true impact"
+
+And another poster with some dark humour 
+
+"I do not mean to appear callous, it seems buying and flipping homes is deadlier than COVID."
+The last thing those people need to worry about is cryptocurrency in general. Most of those people don't even know it exists and the fact that some of you are bringing up crypto as a savior to those people is just so f\*cking awkward.
+Not trying to troll here; I would like to RE myself and hope to do so in about five years.  But I was thinking about how good the economy has been to some of us in the past decade and whether we are being overly optimistic. Yes, the 4% rule is due to historic averages, but we (in the u.s. and elsewhere) also have very high deficits, and there are murmurs of stagflation on the horizon.  Stagflation seems exactly to be the enemy of FI/RE. And so I am wondering whether FI/RE, while a viable approach, has been getting way more press lately because of the bubble.  In practice what I think this means is that we maybe should invest in certain inflation-resistant asset classes (real estate with fixed-rate loans) or be more conservative and live by, e.g., a 3% rule.
+
+Not saying FI/RE can't be done, but curious what others think about recent economy vs. historical trends vs. future trends.
+Hi everyone, u/FullyCommittedMaybe here. Long-time-no-post. Speaking of which, I hope this meets the criteria for its own post! I've been collecting data for just over 3 years, and I finally reached a big milestone, so I figured I would spend a minute longer than usual and share real-life (albeit anecdotal) results of my mortgage vs. investment experiment. Up front, I do want to acknowledge that I have been *very fortunate* in many ways, and of course that your milage may vary.
+
+**Background:** in January 2019, I set the goal to pay off (or have enough money to pay off) my mortgage by 1/2025 (as you might have already guessed...I beat the timeline by more than 2.5 years). I moved into the house 4/2016, so the original target would have been quite early relative to your typical 30 (or even 15) year plan, but I wanted to be aggressive. I was 31 when I set the goal, and I owed $130.5K at 2.875%.
+
+At that time, there were regular comments (maybe there still are?) in the daily discussions with folks asking which was better -- pay off the mortgage early? Or keep the mortgage and invest surplus income in an attempt to outpace the mortgage interest rate? My gut told me to pay off the mortgage...I'd have plenty of money to invest once the payment was gone, I'd be 100% debt free, and I'd sleep better at night knowing I owned the house. But I just couldn't pull the trigger knowing that I had a great income, my interest rate is mega-mega-low, I am (sort of) young, and I can easily take on (what I would consider to be) a relatively low risk. I chose to invest the money, and I'm so glad I did. As of this month, I have enough to pay off the mortgage. So, how did the investments do vs. had I paid down the principal and saved the interest?
+
+**Results:** 
+
+*Scenario 1:* If I had made payments as usual (no side-investments, no extra mortgage payments), I would have paid:
+
+* $130.5K principal
+* $24.7K interest
+* **$155.2K total**
+
+*Scenario 2:* If I had used what I'm calling my surplus income ($88.8K over 39 months) to pay down the principal early (and made the payments on the same dates that I made my investments), I would have paid:
+
+* 130.5K principal
+* $7.7K interest
+* **$138.2K total ($17.0K better than Scenario 1)** 
+
+*Scenario 3* (what I actually did): I made regular investments over the course of the last 39 months in VIGAX and VTSAX until the account was large enough to pay off my mortgage (after capital gains taxes). 
+
+* $30.5K principal (regular mortgage payments)
+* $10.9K interest (regular mortgage payments)
+* $88.8K investment
+* **Total "paid" by me**: $129.7K
+* Total growth: $21.0K (which will generate roughly $3.2K in taxes)
+* If I sell, pay taxes, and pay off the mortgage in full today, I will have $6.1K remaining
+* **Total cost to me (since I have $6.1K remaining) = $123.6K ($31.7K better than Scenario 1, $14.7K better than Scenario 2)**
+
+**Takeaways:**
+
+1. Given the market is down YTD, this is perfect timing to conclude and reflect on the experiment. Many of my friends and family feel that there is too much uncertainty in the market to put a large chunk of extra cash into it. COVID, gas prices, attempted reversal of a presidential election, war, etc. Lots to be afraid of, and the news will always remind you of that. But the gains of the last few years (which were, admittedly, tremendous) overshadow my YTD results in a big way. I'm glad I did not miss out on all those gains!
+2. My investment loss is -$12.5K YTD in this investment account. So even with all the uncertainty and the losses, I still came out way ahead in the long run. I know this is only a 39 month experiment, but it's a good reminder that my personal philosophy is to focus on long-term strategies.
+3. The reason the title says "Final-ish Results" is because I am not cashing out. In scenarios 1 and 2, the payoff dates would not yet be here. The money still has time to grow (or shrink!) before I hit the payoff dates in those scenarios. My suspicion is that it grows and I'm even further ahead.
+4. Obviously I am fortunate beyond belief in terms of the market, income, stimulus, etc. Just want to acknowledge that one more time.
+5. Looking back, it seems silly that I ever considered *not* doing this. It is such a small risk relative to the potential reward, in my opinion.
+
+What did I miss? Any questions? I do not have Reddit on my phone anymore so I will check in on this post later. Good luck out there, everyone!
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+
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+
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+
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+Hi guys,
+
+Many investors have argued inflation has peaked and point to oil prices falling as their reasoning.
+
+Oil is now creeping back up…
+
+Is there a sense that investors are naively optimistic about inflation?
+
+Think about it, what did investors say about inflation during the 70’s and early 80’s?
+
+That inflation with take 10+ years to cool down?
+
+Probably not, and it did anyway, because of oil.
+
+Here we are, in a similar spot, also because of oil…
+
+Thoughts?
+I received 100k as an inheritance and I’m looking for a not too risky and moderately liquid place to set it and forget it until I need a down payment. I would prefer to have it invested somewhat so it’s not just depreciating cash. Any thoughts? Thanks!
+The course is at https://www.udemy.com/how-to-make-money-from-forex-using-my-daily-trading-system/
+
+Use this coupon code to make it free: **RedditFree**
+
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+
+This gives you a 90% discount.
+
+Feel free to share this with anyone you know who might be interested.
+
+Thanks and I hope you guys find this useful. any thoughts or feedback is welcome!
+
+If you do like the course and find it useful, a nice positive review on there would be tremendously appreciated!
+
+**EDIT**: New free coupon code: **RedditFree2**
+
+OMG what the hell do I do? It's not even noon here and I'm already drunk and have spent 2 hrs playing Hearthstone and another hour screwing around on reddit.
+
+I've literally made no plans.
+
+Well, okay one plan: re-read the Malazan Book of the Fallen while sitting on the beach.
+
+I'm also waiting to hear back on a potential 2 mo. contract, but I expect that to fall through. So wtf do I do at 40 with 1.8 MM banked?
+
+EDIT: Folks have offered tons of great thoughts/suggestions, thanks for that! Others have asked for specifics. I'm not really comfortable going into detail, but for those wanting really in-depth and nitty-gritty details I'd strongly recommend the posts by /u/jasonlong1212, like this one:
+
+https://old.reddit.com/r/financialindependence/comments/8nncm7/has_it_been_a_whole_year_yep_or_an_early/
+Hi all, I am \~25 yo and making 100k pa. I am thinking of buy an apartment now for \~400k in Melbourne next year or so. Because the mortgage works out around the same as my rent for 30 years. And there are many additional benefit such as loan collateral. Also, I can get into the housing market early. And when I got high pay later, I can still buy a town house. The apartment itself can be payed by rent. The price to rent ratio is quite high. Should I be concerned about that? Is there any first home buyer benefit that makes it worth saving for a house instead later? Also, I might have law school coming up next year for 4 years with no income, but the rent would be covering the mortgage, right?
+Hey folks.
+
+A bit about me:
+
+* Single, 29M, no kids, never married
+* Net worth: $1.6M ($200k in 401k, $60k in cash, $1.4M in non-tax-advantaged index funds)
+* Income: $450k/yr (well-known public tech company in the Bay Area)
+* Rent:  $2200/mo (rent controlled in SF)
+
+I loved my job, but now work has turned to absolute shit, and it's rife with petty office politics, incompetent middle management, and pointless Zoom meetings 24/7. My employer is also embracing the whole "remote work" mindset even when the pandemic ends, and I just loathe working from home. I've mentally checked out of work since March, and I will probably get a poor perf review, though probably not bad enough to get me terminated or put on a Performance Improvement Plan (but who knows).
+
+I don't intend on switching employers during the pandemic. I feel starting a new gig while working remotely would suck ass.
+
+**Here's my plan:** Try to stay employed till June, and assuming that I've been vaccinated and the US has returned to some sense of normalcy by then, take a year off to pursue more creative interests.
+
+I've a few questions:
+
+* For those of you who weren't quite fatFIRE but quit a shitty but high paying job and took a year off for funemployment, do you have any regrets? Do those of you who stayed the course instead of quitting have any regrets?
+* How easy is it to rent apartments in HCOL areas (e.g. SF/LA/NYC) with no income but sufficient net worth? If I plan to travel, I feel like it would be easiest to just move out of my SF apartment, use my family's place as a permanent address, and rely on long term stays in Airbnbs. Is that a viable option?
+* What's the dating scene like when you're an unemployed straight male? I am average looking and had mostly okayish at best dating experiences pre pandemic (well, it's SF), and I'm a bit worried having no employment would just ruin my game.
+WHY DO I NEED TO KEEP MESSAGING PEOPLE THAT THEIR BAR CODES NEED TO BE COVERED? 
+
+JUST FROM THIS PAST WEEK ALONE, I HAVE MADE DOZENS OF DIRECT MESSAGES GETTING PEOPLE TO REMOVE THEIR POSTS AND REUPLOAD THEIR PICTURES WITH CENSORED BARCODES. 
+
+WHY WOULD YOU BE SO LAZY AS TO NOT SCRIBBLE OUT THE VERTICAL LEFT HANDED BAR CODE EVEN THOUGH YOU COVERED THE REST OF THEM ON YOUR DRS LETTER?? IT LITERALLY TAKES SECONDS OF YOUR TIME TO STOP SOMEONE FROM GETTING YOUR MAILING ADDRESS FROM THE LEFT HANDED BAR CODE. 
+
+DUDE! BILLIONAIRES ARE PAYING SHILLS TO PROWEL SUPERSTONK AND FUCK US. THEY KNOW THAT WE HABE THE ONE THING THAT THEY N E E D TO SURVIVE. WHY THEEE FUCK WOULD YOU SKIMP OUT ON CENSORING ONE OF THE BAR CODES??? WHY SKIMP ON SAFETY? WE ARE RETARDED, BUT WE’RE NOT THAT FUCKING STUPID NOW, AREN’T WE? 
+
+FUCK. COVER YOUR SHIT.
+Just saw this article on CNBC. Absolutely no mention of FIRE. Reminds me of how little penetration our FIRE ideas have had in the financial planning community.
+
+[CNBC link](https://www.cnbc.com/2017/11/17/youre-probably-not-saving-enough-for-retirement--and-thats-ok.html)
+Thought you folks would find this interesting.
+
+Main article: [https://danielvassallo.com/only-intrinsic-motivation-lasts/](https://danielvassallo.com/only-intrinsic-motivation-lasts/)
+
+Authors comments and plan around health insurance are interesting:
+
+[https://news.ycombinator.com/threads?id=DVassallo](https://news.ycombinator.com/threads?id=DVassallo)
+I think this is the only community I can post this to. I'm in the crowd who could RE any day now, but I choose to still work.
+
+More often than not I wake up feeling miserable, started using drugs in the last few months. Truly not a very happy person. Always looking at what I cant do, what I dont have, always feeling bad about how I'm not where I want to be and dont seem to be getting there, but sometimes I "wake up" and want to slap myself for complaining or feeling unhappy with my arrangement. I had one of those moments today.
+
+I woke up at 1pm, walked 10 feet to work, sat down at my desk still wearing pajamas with birds printed on them, opened excel and started work. I looked at how much money my website had made while I was asleep, looked outside at the beach view, and thought about the cars I have in my garage. I am living what most people would consider the dream, and I have the gall to complain about it or feel miserable about my arrangement? How stupid is that? 
+
+You really do adjust to your lifestyle. There are plenty of people who have a lot less than I do, but are 100x as grateful for it and much happier on a day-to-day basis. I dont know how to do that. I will buy a car, adjust to it, and immediately be looking at the next, more unobtainable thing. Its not healthy. Just making this post makes me feel like an asshole. Its such an absurd thing to be depressed over, but here I am. Putting myself in the shoes of people who sub here and work a 9-5 they hate and arent near FIRE - if I saw this post I would think "What an asshole!"
+So this is a little confirmation bias here.
+
+If the media is saying buy the dip in the overall market you probably shouldn’t. Why? Because the last crash they were saying everything was a buy up until the crash.
+
+Now instead of using that trick again they are saying buy the dip. Why? So the smart money can slowly exit their positions before the bottom falls out.
+
+If the market starts red then turns green retail is buying the dip. Then market tapers off at end of day with some smart money exiting. Then futures tank with smart money exiting and market opens red and retail buys the dip. They will rinse and repeat till the have exited most of their positions.
+
+Buying the dip only works with GME. Why? Because they are caught in their position with the amount of fake and rehypothicated shares in the market. Every time they force it down they send more shares into market. More and more apes buy the dip higher and higher. They can’t get out.
+
+Edit: market starting off red today let’s see if it goes green for a bit then dip at end of day.
+
+Edit: if someone can answer this I would appreciate it. If hedgefunds have branches in other countries can they trade while our market is closed in USA? 
+Example: citadel has branch in Germany or affiliated LLC can they then trade in that market?
+*ALERT: Before we get started, I would like to draw everyone's attention to* u/Doom_Douche\*'s\* [*complete guide to Computershare*](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/)*. If you have any questions surrounding DRS, this is the guide for you. For those that are already comfortable with DRS, crypto has a similar option to self custody and catchphrase to boot: Not your Keys, not your crypto.*
+
+[ Let's get wrinkled! ](https://preview.redd.it/0hyj2f5t1s481.png?width=607&format=png&auto=webp&s=3b97daf3de35acf5719f3d6dd3c4dc8679363443)
+
+Hello [r/Superstonk](https://www.reddit.com/r/Superstonk/) resident jellyfish here with you (joined by [u/Luma44](https://www.reddit.com/u/Luma44/)) to announce an AMA-style roundtable about **Non-Fungible Tokens** (**NFTs), their financialization, and the technology that powers them** is ready for viewing.
+
+[Participant's background and resources for learning:](https://www.reddit.com/r/Superstonk/comments/qhmu0y/nft_roundtable_alert_please_join_uluma44_and_me/)
+
+There is a lot to unpack here, so buckle up and let's dive in!
+
+https://i.redd.it/c29n7zz02s481.gif
+
+# The entire roundtable is about 2 hours in length, so we have broken it into 3 pieces so that it can be more 'bite sized':
+
+# [Exploring NFTs](https://youtu.be/qYOFBxS1K9c)
+
+# [Financialization of NFTs](https://youtu.be/_G3H9k7WfYg)
+
+# [Technology powering NFTs](https://youtu.be/6X8Y6AyWLnc)
+
+​
+
+[No! We got you covered with a transcript uploaded to imgur! ](https://preview.redd.it/8x1zclf72s481.png?width=1207&format=png&auto=webp&s=2c55c2666502497ed75132d4fae2f18f73db41bc)
+
+# [Transcript (hosted at imgur as way too many characters for a post)](https://imgur.com/a/d2HM16j)
+
+[Additional Resources for learning about the space can be found below. ](https://preview.redd.it/7ltcaatf2s481.jpg?width=260&format=pjpg&auto=webp&s=5f33fc00bb3f443c44fe759ef002ad71056223b8)
+
+# Background
+
+[Working in Web3: The Handbook](https://web3.smsunarto.com/) (Recommended by Owen)
+
+[Ethereum, blockchain, and web3 development](https://www.useweb3.xyz/)
+
+[What is web3 and why does it matter?](https://www.gillesdc.com/blog/web3)
+
+# Non-Fungible Tokens (NFTs):
+
+* A way to represent anything unique as an asset.
+* NFTs are giving more power to content creators than ever before.
+* Powered by smart contracts on blockchains (Ethereum is our main initial point of interest).
+
+What Exactly Is An NFT And Why Should You Care [https://www.forbes.com/sites/forbestechcouncil/2021/05/13/what-exactly-is-an-nft-and-why-should-you-care/](https://www.forbes.com/sites/forbestechcouncil/2021/05/13/what-exactly-is-an-nft-and-why-should-you-care/)
+
+The NFT Crypto Guide Crash Course 101 ([https://medium.com/coinmonks/the-nft-crypto-guide-crash-course-101-5b30d39e0646](https://medium.com/coinmonks/the-nft-crypto-guide-crash-course-101-5b30d39e0646)) July 16, 2021 - Stephen Alagbe
+
+How to get exposure to NFTs ([https://newsletter.banklesshq.com/p/how-to-get-exposure-to-nfts](https://newsletter.banklesshq.com/p/how-to-get-exposure-to-nfts)) February 23, 2021 - William M. Peaster
+
+Bankless HQ The Bull Case for NFTs ([https://www.youtube.com/watch?app=desktop&v=qSH7vJ8ZJy8&t=770s&ab\_channel=Bankless](https://www.youtube.com/watch?app=desktop&v=qSH7vJ8ZJy8&t=770s&ab_channel=Bankless))
+
+[https://ethereum.org/en/nft/](https://ethereum.org/en/nft/)
+
+# Ethereum:
+
+[https://ethereum.org/en/what-is-ethereum/](https://ethereum.org/en/what-is-ethereum/)
+
+Decentralizing Everything ([https://www.youtube.com/watch?v=WSN5BaCzsbo&feature=youtu.be](https://www.youtube.com/watch?v=WSN5BaCzsbo&feature=youtu.be)) Sep 18, 2017 - Vitalik Buterin (Video)
+
+Why Decentralization Matters ([https://medium.com/s/story/why-decentralization-matters-5e3f79f7638e](https://medium.com/s/story/why-decentralization-matters-5e3f79f7638e)) Feb 18, 2018 - Chris Dixon
+
+The Year in Ethereum 2020 ([https://jjmstark.medium.com/the-year-in-ethereum-2020-98123e5f160d](https://jjmstark.medium.com/the-year-in-ethereum-2020-98123e5f160d)) Jan 20, 2021 - Josh Stark and Evan Van Ness
+
+Ethereum is game-changing technology, literally ([https://medium.com/@virgilgr/ethereum-is-game-changing-technology-literally-d67e01a01cf8](https://medium.com/@virgilgr/ethereum-is-game-changing-technology-literally-d67e01a01cf8)) Mar 29, 2019 - Virgil Griffith
+
+EthHub ([https://docs.ethhub.io/](https://docs.ethhub.io/)) Comprehensive knowledge base for all things Ethereum
+
+District0x ([https://education.district0x.io/general-topics/understanding-ethereum/](https://education.district0x.io/general-topics/understanding-ethereum/)) An educational resource about Ethereum targeted at beginners
+
+Ethereum.wiki ([https://eth.wiki/](https://eth.wiki/)) A community-built wiki about Ethereum’s technology
+
+Ethereum Foundation YouTube ([https://weekinethereumnews.com/](https://weekinethereumnews.com/)) Videos and talks about Ethereum
+
+Week in Ethereum News ([https://weekinethereumnews.com/](https://weekinethereumnews.com/)) A weekly newsletter covering key developments across the ecosystem
+
+What’s new in ETH 2.0 ([https://eth2.news/](https://eth2.news/)) A regular newsletter about Eth2 development
+
+ethresear.ch forum ([https://ethresear.ch/](https://ethresear.ch/)) Deeper technical discussions on Ethereum for Eth2 and beyond
+
+ETHGlobal ([https://ethglobal.co/](https://ethglobal.co/)) An Ethereum hackathon series
+
+[https://www.reddit.com/r/Superstonk/comments/ofndb0/a\_crypto\_dive\_with\_the\_jellyfish\_10\_things\_about/](https://www.reddit.com/r/Superstonk/comments/ofndb0/a_crypto_dive_with_the_jellyfish_10_things_about/)
+
+[r/gamestopofficial](https://www.reddit.com/r/gamestopofficial/): a subreddit where people can post about NFTs including question/answer threads, art & NFT ideas, group collaboration, etc as it relates to GameStop (no Stonk talk)
+
+# How Ethereum works high-level explanations of Ethereum and blockchain technology generally:
+
+How does Ethereum work, anyway? ([https://medium.com/@preethikasireddy/how-does-ethereum-work-anyway-22d1df506369](https://medium.com/@preethikasireddy/how-does-ethereum-work-anyway-22d1df506369)) Sept 27, 2017 - Preethi Kasireddy
+
+A Gentle Introduction to Ethereum ([https://bitsonblocks.net/2016/10/02/gentle-introduction-ethereum/](https://bitsonblocks.net/2016/10/02/gentle-introduction-ethereum/)) Oct 2, 2016 - Antony Lewis
+
+Introduction to Blockchain through Cryptoeconomics - Part 1 ([https://medium.com/blockchain-at-berkeley/introduction-to-blockchain-through-cryptoeconomics-part-1-bitcoin-369f245067f9](https://medium.com/blockchain-at-berkeley/introduction-to-blockchain-through-cryptoeconomics-part-1-bitcoin-369f245067f9)) Jan 26, 2018 - Zubin Koticha
+
+Introduction to Blockchain through Cryptoeconomics - Part 2 ([https://medium.com/mechanism-labs/introduction-to-bitcoin-through-cryptoeconomics-part-2-proof-of-work-and-nakamoto-consensus-1252f6a6c012](https://medium.com/mechanism-labs/introduction-to-bitcoin-through-cryptoeconomics-part-2-proof-of-work-and-nakamoto-consensus-1252f6a6c012)) July 19, 2018 - Zubin Koticha
+
+Understanding Ethereum ([https://allan-gulley.medium.com/understanding-ethereum-819c2096b613?sk=c89f3aa5a4fd8b5fa0dae3042a3fa011](https://allan-gulley.medium.com/understanding-ethereum-819c2096b613?sk=c89f3aa5a4fd8b5fa0dae3042a3fa011)) Apr 27, 2021 - Allan Gulley
+
+Ethereum's original Whitepaper [https://ethereum.org/en/whitepaper/](https://ethereum.org/en/whitepaper/)
+
+# Smart contracts:
+
+What is a Smart Contract? ([https://github.com/ethereumbook/ethereumbook/blob/develop/07smart-contracts-solidity.asciidoc#what-is-a-smart-contract](https://github.com/ethereumbook/ethereumbook/blob/develop/07smart-contracts-solidity.asciidoc#what-is-a-smart-contract)) Nov 12, 2018 - Andreas M. Antonopoulos, Gavin Wood
+
+What are Smart Contracts/Decentralized Applications? ([https://docs.ethhub.io/ethereum-basics/what-is-ethereum/#what-are-smart-contracts-and-decentralized-applications](https://docs.ethhub.io/ethereum-basics/what-is-ethereum/#what-are-smart-contracts-and-decentralized-applications))
+
+# Proof-of-work and Mining:
+
+What does it mean to mine Ethereum? ([https://docs.ethhub.io/using-ethereum/mining/](https://docs.ethhub.io/using-ethereum/mining/))
+
+# Cryptoeconomics:
+
+Cryptoeconomics.study [https://cryptoeconomics.study/](https://cryptoeconomics.study/) Intro to Cryptoeconomics ([https://www.youtube.com/watch?v=F0FCI8GxO5I](https://www.youtube.com/watch?v=F0FCI8GxO5I)) (Video) Aug 19, 2018 - Karl Floersch
+
+Making Sense of Cryptoeconomics ([https://medium.com/l4-media/making-sense-of-cryptoeconomics-5edea77e4e8d](https://medium.com/l4-media/making-sense-of-cryptoeconomics-5edea77e4e8d)) Nov 16 2017 - Josh Stark
+
+# Critique and skepticism:
+
+Ethereum’s roadmap isn’t ambitious enough ([https://decryptmedia.com/6136/vulcanize-rick-dudley-ethereum-roadmap-makerdao-polkadot](https://decryptmedia.com/6136/vulcanize-rick-dudley-ethereum-roadmap-makerdao-polkadot)) March 27, 2019 - Interview with Rick Dudley
+
+The Challenges of Building Ethereum Infrastructure ([https://medium.com/@lopp/the-challenges-of-building-ethereum-infrastructure-87e443e47a4b](https://medium.com/@lopp/the-challenges-of-building-ethereum-infrastructure-87e443e47a4b)) Jan 8, 2018 - Jameson Lopp
+
+Parsimonious Answers to Difficult Questions ([https://www.youtube.com/watch?v=GOkSg0BuSdw&feature=youtu.be](https://www.youtube.com/watch?v=GOkSg0BuSdw&feature=youtu.be)) (Video) March 10, 2019 - Rick Dudley
+
+There’s no good reason to trust blockchain technology ([https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/](https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/)) Feb 6, 2019 - Bruce Schneier
+
+# Why is Layer 2 Needed?
+
+* Some use-cases, like blockchain games, make no sense with current transaction times.
+* It can be unnecessarily expensive to use blockchain applications.
+* Any updates to scalability should not be at the expense of decentralization or security – layer 2 builds on top of Ethereum.
+
+# Rollups:
+
+Rollups are solutions that perform transaction *execution* outside the main Ethereum chain (layer 1) but post transaction *data* on layer 1. As transaction *data* is on layer 1, rollups are secured by layer 1. Inheriting the security properties of layer 1 while performing execution outside of layer 1 is a defining characteristic of rollups.
+
+Three simplified properties of rollups are:
+
+1. transaction *execution* outside layer 1
+2. data or proof of transactions is on layer 1
+3. a rollup smart contract in layer 1 that can enforce correct transaction execution on layer 2 by using the transaction data on layer 1
+
+Rollups require "operators" to stake a bond in the rollup contract. This incentivizes operators to verify and execute transactions correctly.
+
+**Useful for:**
+
+* reducing fees for users
+* open participation
+* fast transaction throughput
+
+There are two types of rollups with different security models:
+
+* **Optimistic rollups**: assumes transactions are valid by default and only runs computation, via a [**fraud proof**](https://ethereum.org/en/glossary/#fraud-proof), in the event of a challenge
+* **Zero-knowledge rollups**: runs computation off-chain and submits a [**validity proof**](https://ethereum.org/en/glossary/#validity-proof) to the chain
+
+# Optimistic rollups:
+
+Optimistic rollups sit in parallel to the main Ethereum chain on layer 2. They can offer improvements in scalability because they don't do any computation by default. Instead, after a transaction, they propose the new state to Mainnet or "notarise" the transaction.
+
+With Optimistic rollups, transactions are written to the main Ethereum chain as call data, optimizing them further by reducing the gas cost.
+
+As computation is the slow, expensive part of using Ethereum, Optimistic rollups can offer up to 10-100x improvements in scalability dependent on the transaction. This number will increase even more with the introduction of [shard chains](https://ethereum.org/en/eth2/shard-chains) as more data will be available if a transaction is disputed.
+
+Disputing transactions
+
+Optimistic rollups don't compute the transaction, so there needs to be a mechanism to ensure transactions are legitimate and not fraudulent. This is where fraud proofs come in. If someone notices a fraudulent transaction, the rollup will execute a fraud-proof and run the transaction's computation, using the available state data. This means you may have longer wait times for transaction confirmation than a ZK-rollup because the transaction could get challenged.
+
+Pros:
+
+Anything you can do on Ethereum layer 1, you can do with Optimistic rollups as it's EVM and Solidity compatible.
+
+All transaction data is stored on the layer 1 chain, meaning it's secure and decentralized.
+
+Cons:
+
+Long wait times for on-chain transactions due to potential fraud challenges.
+
+An operator can influence transaction ordering
+
+[https://youtu.be/7pWxCklcNsU](https://youtu.be/7pWxCklcNsU) (VIDEO on Optimistic Rollups)
+
+# Zero-knowledge rollups
+
+**Zero-knowledge rollups (ZK-rollups)** bundle (or "roll-up") hundreds of transfers off-chain and generate a cryptographic proof, known as a SNARK (succinct non-interactive argument of knowledge). This is known as a validity proof and is posted on layer 1.
+
+The ZK-rollup smart contract maintains the state of all transfers on layer 2, and this state can only be updated with a validity proof. This means that ZK-rollups only need the validity proof instead of all transaction data. With a ZK-rollup, validating a block is quicker and cheaper because less data is included.
+
+With a ZK-rollup, there are no delays when moving funds from layer 2 to layer 1 because a validity proof accepted by the ZK-rollup contract has already verified the funds.
+
+Being on layer 2, ZK-rollups can be optimized to reduce transaction size further. For instance, an account is represented by an index rather than an address, which reduces a transaction from 32 bytes to just 4 bytes. Transactions are also written to Ethereum as call data, reducing gas.
+
+Pros:
+
+Faster finality time since the state is instantly verified once the proofs are sent to the main chain.
+
+Not vulnerable to the economic attacks that [Optimistic rollups](https://ethereum.org/en/developers/docs/scaling/layer-2-rollups/#optimistic-pros-and-cons) can be vulnerable to.
+
+Secure and decentralized, since the data that is needed to recover the state is stored on the layer 1 chain.
+
+Cons:
+
+Some don't have EVM support.
+
+Validity proofs are intense to compute – not worth it for applications with little on-chain activity.
+
+An operator can influence transaction ordering
+
+# [Guide: How to use Loopring L2](https://medium.com/loopring-protocol/guide-how-to-use-loopring-l2-a267d005255b)
+
+[Thank you so much for dropping by! If you have questions or concerns, please ask away in the comments and we will work to get them answered together? Thanks and have a wonderful rest of your Friday and an even better weekend!](https://i.redd.it/b5qi02b33s481.gif)
+ [https://buildingdetroit.org/properties/ownitnow/](https://buildingdetroit.org/properties/ownitnow/) 
+
+For the low, low entry price of 1000$ we could each purchase a home in Detroit. Underneath the blight these homes are actually rather beautiful. 
+
+The biggest hurdles of restorations will be structural damage, asbestos removal, electrical & plumbing. 
+
+ [https://en.wikipedia.org/wiki/Decline\_of\_Detroit#Urban\_decay](https://en.wikipedia.org/wiki/Decline_of_Detroit#Urban_decay) 
+
+There are reported to be over 70k empty buildings, 35k homes, & 90k vacant lots  
+
+ [https://en.wikipedia.org/wiki/2017\_Detroit\_mayoral\_election](https://en.wikipedia.org/wiki/2017_Detroit_mayoral_election) 
+
+We would need right about 100k autists to take control of Mayoral Office. I nominate u/StormwillPass to lead the special.
+
+With this power i put forth a motion that we kick the big 3 out of the city. As a younger Michigander i  hold disdain for these companies as they've managed to build up cities just to let them fall (Pontiac & Flint) They literally would have went out of business but we bailed them out.
+
+The only people that work for them anyways are unionized boomers (gross)
+
+Next we bring in daddy Musk & overlord Bezos.
+
+Tesla is actually banned from opening a dealership in Michigan, lol. 
+
+ [https://fortune.com/2016/09/16/tesla-denied-license-michigan/](https://fortune.com/2016/09/16/tesla-denied-license-michigan/) 
+
+The central location of the city will make for a great shipping hub. Millenials will flock from everywhere cause it'll be the hip new cool place. 
+
+Real estate prices will soar making us all rich in the process. 
+
+Congrats on the only 10 bagger you'll ever make.
+Some companies are just companies and some companies are a brand of the owner -  we know which category Tesla Falls into. So what happens if our meme daddy Lord and savior falls off a cliff or gets hit by a bus? Won't Tesla fall 20% upon the news and then trickle down another 20% upon the uncertainty? I doubt it would ever recover. 
+
+Those of us that are long Tesla what's your plan for when that news pops up on your feed?
+ I keep seeing posts thinking Marge Calling is the Catalyst to this starting/ending. My completely uneducated, non fact providing guess, is that they have been getting margin called over and over the last few months. They have been passing the margin requirements by liquidating cryptos, other stocks, fudged numbers, etc. They have a million tricks up their sleeves to pass the calls plus they're friends with the ones making the calls.
+
+What we need is them to FAIL the margin call. We need them to be LIQUIDATED. I don't want to see marge memes, I want to see liquid? memes.
+
+TL:DR (idk how, it's like 4 sentences, put some fucking effort in ape): Margin Calls don't mean a single thing until they fail them. Sure, it keeps pressure on them but it's basically a "Hey, I lent you $40 billion, you good on that right?" "Yea bro I'm good, I got like $3 billion in dog coin I'll sell off, Elon's in space anyway" "Ok cool thanks"
+
+Let's hype the calls but not count our chickens before they hatch. Be level headed. Buy and Hold.
+I sell cosplay costumes through my Shopify site: www.cosforia.com. They just fully integrated with Bitpay, which lets me accept bitcoin payments while being insulated from exchange rate fluctuations. So I figured, why not, there's literally no harm to me for doing my part to support bitcoin adoption, and I might even get an extra sale or two.
+
+I'm also doing a Bitcoin Black Friday sale - 25% off everything with discount code: Satoshi. I only just started learning about this thing, but I'm already very excited to see where it goes!
+
+Edit: Thanks /u/Shaypar from Shopify for enabling the bitcoin payment icon on my site!
+Schäfer had been living under considerable worry and stress because of the current COVID-19 pandemic.
+
+"His main concern was whether he could manage to fulfill the huge expectations of the population, especially in terms of financial aid," Bouffier said on Sunday. "For him, there was clearly no way out. He was disappointed and so he had to leave us. That has shocked us, has shocked me."
+
+Link: https://www.dw.com/en/german-state-finance-minister-thomas-sch%C3%A4fer-found-dead/a-52948976
+Does anybody here have an opinion on Aritzia as an investment?
+
+They're a consumer good and non-essential but apparently most of their sales come in the second half of the year, so they potentially won't be tremendously affected by the virus - although their share price is way down.
+ 
+
+There's been a lot of talk about record levels of debt, both notional, relative to GDP, net and per capita. What are your thoughts on how this will affect markets?
+
+I have such mixed opinions, the economy isn't healthy yet the market is at all time highs. We have pandemic relief coming, the central banks keep printing more money. Those without assets are going to suffer really bad due to inflation.
+
+Not sure about the situation in the US, but here in Southern Ontario (Canada) the housing market has been on an absolute tear. A house in Waterloo, Ontario recently sold for 1.3M. About 2000sq feet, 4br, 3bath. This is worth AT MOST 700k. No crazy upgrades or anything. Just a basic house.
+
+I highly recommend watching this: [https://youtu.be/qIfP0FfHC9g](https://youtu.be/qIfP0FfHC9g)
+
+Then read this: [https://www.visualcapitalist.com/debt-to-gdp-continues-to-rise-around-world/](https://www.visualcapitalist.com/debt-to-gdp-continues-to-rise-around-world/)
+This isn’t a meme anymore. Get the fuck off my back media and boomers. I’m doing what’s called value investing so eat a brown banana. 
+
+I’m staying for the long haul cause there was so much shit uncovered that everyday for the past 4 months seems to be something new and totally illegal. 
+
+I’m seeing a few popular posts saying organization, we, us. First off, I don’t know you, this is MY purse. I am risking my own money for my benefit. Either you’re smooth brained and new or you’re trying to intentionally hurt us and I know what the fuck you’re doing. 
+
+I read enough DD to understand the floor price is real. I’m not paying people to do this shit or or doing giveaways like crypto is on Reddit’s front page? HAVE YOU SEEN THAT BULLSHIT LATELY? What a joke.
+
+Look I’m a value fucking investor, DFV wasn’t wrong when he said GameStop is under priced cause it fucking is and $200 is so underpriced and false it’s not even funny. The company has so much potential in the new era of gaming. I fully believe huge lan server event filled Internet cafes will be a thing. That’s what I’m investing for. For my generation to thrive and socialize together once Covid is said and done at these facilities thanks to GameStop.
+
+Let me be. Let me enjoy the memes. Let me make those fuckers pay.
+
+I see you Kenneth. But do you see me?
+$2.235M original asking, initial offer accepted $1.625M; after DD accepted adjustment of $1.4M. 36 buildings @ 72 units, made up of (15) singles, (12) flats, (3) 3plex, and (6) 4plexes in NW PA. I have the ability to manage these through a PM firm I own.
+
+- Bank approved for 75% purchase price
+
+- Seller taking remaining 25% as a 2nd.
+
+- D/F properties in D/F neighborhoods, within 3miles of each other.
+
+- NOI is $209k; accounting for taxes, utilities, insurance, landscaping/plowing, 10% Maint, 10% CAPEX, 5% VAC, 5% Management, and city licensing
+
+- Annual Debt payments are $125k
+
+- Cashflow $84k
+
+- I would be getting this for closing costs - approx. $50k
+
+I'm hesitant because of the per unit cost of $19,500... the 3 and 4 units are in no way worth $60k & $80k. The singles are probably worth $50ish retail, but barely worth the $20k as an investor (IMO). Comps came in at $1.835M, Zillow reports came in at $1.55M, and assessed values came in at $1.4M. My due diligence expires 12/1. I've driven past 95% of these and am walking through a bunch of them this week and next.
+
+Thoughts?
+Would love to hear your opinions. Seeing a lot of videos recently (tcruz as an example) of people buying cheap properties in the Midwest for 30-40k and then renting to section 8 for 1200-1300/month. 
+
+Anyone have experience in doing this successfully? I’m sure those gurus are trying to sell courses. But it can’t be that easy? If it were that easy a lot of people could do it.
+
+But really though guys please don’t buy into something without doing DD first. XSPA, GNUS, IZEA, CJJD and many more were big flops that went no where. If you would’ve done DD you would’ve seen these companies were garage long holds. On the other hand during that same period gems like SOLO, AYRO, BLNK, NIO, PLUG, WKHS, TUP, KIRK, MARA etc etc were also being posted about at LOW PRICES in June. If you had done the DD and saw the long term potential you would’ve been up 100s of percentages today. Moral of the story do your DD find some good companies and don’t be afraid to go long. Don’t invest in stupid shit like Spa companies doing Covid testing or a kids Cartoon Network and a shady Chinese drug store company. Good luck y’all.
+I was having a conversation with a pregnant colleague about her financial planning for after she comes back from maternity leave with her second child. 
+
+She said that the combined childcare costs for the 2 kids would be approx £900 a month. A second mortgage was how she described it.
+
+How the fuck do people afford that?
+
+I'm an engineer myself, traditionally a well-paying job which I earn more than the UK median salary for. And while I can support myself comfortably the idea of supporting another small human  while paying childcare costs so I can go to work to pay my childcare costs in mind-boggling.
+
+Are uber-high  childcare costs completely unsustainable? Will we see masses of 30ish year old women leave the workforce in years to come because it's not worth working?
+Hello, so I have heard of Robinhood  which allows you to buy stock in USA without paying fees, I can´t sign up here because I don't have a USA address. And I have heard of Ninety Nine which I currently use but It hasn' t a lot of stock options and no American companies for what I saw.
+
+Is there something else out there that can be used? Any other app or website?
+Hello. I am kinda new to the subject, an I would like to invest some money monthly to ETFs.
+
+Which is the best way to do it? Best website/platform? Also is it easy to do your taxes??
+
+Is it possible to invest on Vwce from Poland? Any other advices on what to choose!?
+
+I am not in a hurry, I would like to invest in long term
+Hello!
+My situation is that I'm a French citizen, living in Portugal with NHR status, filing recibos verdes to provide freelance work to companies based in the US.
+
+Under the NHR status, I'm paying 20% income tax + social taxes, which is fine I have that figured out (since I'm not employed, am doing freelance, and the income is not taxed in the US, I believe it's considered to be "Portugal-sourced" and thus taxable at 20%).
+
+However, I've also been paying the 23% VAT (IVA in Portugal I guess it's called) tax. I've been doing some research and from this page:
+
+https://europa.eu/youreurope/business/taxation/vat/cross-border-vat/index_en.htm#outsidetheeusellservices-1
+
+It doesn't seem like I should be charging or providing any VAT to the Portuguese government at all.
+
+Is this accurate?
+While a convinced Boglehead, I can't help feeling that most of the advice in forums and books is dedicated to a US audience, where healthcare costs can ruin you and many are a few missed paychecks away from financial disaster. This is more rare in Europe, where most states have subsidized healthcare, a much larger percentage of people own their homes, and many people can count on better job security and a decent pension at retirement. 
+
+At least to me it doesn't feel like it's that critical to follow the usual advice to the letter, i.e. to have an emergency fund, increase bond allocation dramatically when nearing retirement etc. What do you think?
+
+As a nice resource, here's the Vanguard allocation slope for their target retirement accounts. https://www.vanguard.com/pdf/s167.pdf
+So my problem is taxation. I'm not French, I'm Portuguese, so to go around understanding all the French taxation laws in France for 6 months of investment sounds like a lot of work (I don't speak French). It would probably be easier to move and then do everything in Switzerland, right? Am I over complicating?
+I get the general idea of peer-to-peer loans, but I was wondering how the money is paid back once you actually invest in a loan. Do you get monthly installments of principal + interest (like you would pay in a bank loan), do you just receive a lump sum when the loan matures, or does it work like bonds / savings accounts that you get an annual interest payment (in this case, what about principal)?  
+
+If somebody can shed some light on this, it would be amazing :)
+These past few days/weeks, we've seen some truly absurd moves in tech. Today alone, Tesla was up 10 percent, Netflix was up 8 percent, and Amazon is up about 20% the past few weeks on basically no news. Apple, Microsoft, Google, Facebook, Nvidia, etc. are all at or above their mid-February valuations. What spooks me is not that these equities are moving upward, but it's that they are moving upward quickly and impulsively, with few pullbacks, and leaving the rest of the market in the dust. These are not the signs of a healthy new bull market; they are the signs of rampant speculation, euphoria, and greed. These mega-cap corporations are propping up the indices and are almost acting as safe havens for investors pulling out of travel, financials, consumer staples, energy, etc. We saw this rotation in full force yesterday when the Dow ended over -1% while the Nasdaq was around +0.5%. This is not to say that I think we are on the brink of collapse--bubbles can last a lot longer than any of us think they might.
+
+For those of you who have exposure to big tech, how are you managing it? Are you planning to ride out what seems to be a massive, unstoppable wave upward or are you slowly taking profits along the way? How will upcoming earnings impact your strategy?
+Please try and talk me out of it:
+
+As I understand it, if I'm talking long term, 5 years ahead investment-wise, if Spotify does end up going public soon, why wouldn't it be one of those unique instances where a company is just absolutely ready to succeed further?
+
+Looking at the "All Time" Graphs of Amazon, Netflix, Google, Facebook, Apple, and all the "obvious" ones is depressing. So many waves missed. I can't help but view Spotify as equally "indestructible" in their status.
+
+Mind you I'm not talking about initial volatility, I'm saying maybe even simply by virtue of the fact that Spotify still has so many countries left to expand into, and such established stability in the "worst case" scenario that it doesn't, how could investing in it for the upcoming 5 years be a mistake?
+
+Note: I understand this is a strange way to speak of a stock, but this is why I'm asking your help to snap me out of it. 
+
+<<EDIT>> Wow! Tons of brilliant responses! Keep 'em coming I'm reading through all of them and learning a-lot! Thank you guys <3
+Apes: I don't understand how this topic seems to be getting missed. The topic I am speaking about is the retirement of the old audit trail system called OATS and its September 1st implementation of CAT (consolidated audit trail). THE GOAL OF THIS SYSTEM IS TO ENABLE THE SEC (BY MEANS OF FINRA) TO MONITOR SO CALLED "DARK POOLS". 
+
+https://www.thinkadvisor.com/2021/06/21/finra-retires-oats-to-make-way-for-cat/
+
+Be sure to check out u/Freadom6's excellent write up on the topic, as well.
+https://www.reddit.com/r/Superstonk/comments/o8j2qs/cat_consolidated_audit_trail_to_be_implemented_in/
+Two years ago I was 22-years-old in university with $500 in my bank account. I didn't even own a car, and rode a bicycle to my university, home, the grocery store. The state I live in tends to get very hot all year round with temperatures reaching 110+ during the summer.
+
+After graduating and four months into my first job making $60,000 in a mid-cost of living city (I work in IT) I bought my first house with three bedrooms and two bathrooms. I rented out two rooms and lived practically for free with my tenants paying my mortgage - this was all at the advice of my dad. I hated being a landlord - at least a landlord that lived with their tenants. So after I fixed up the place and made repairs I sold the house for a great profit (lived there less than a year). At the time I didn't know anything about FIRE - if I did I probably would have continued house hacking.
+
+This is when I was about to make a terrible mistake. I had never seen so much money before in one check (roughly $30,000) and wanted to buy a Japanese luxury car in cash with my newly earned profits. I asked around in throwaway accounts (I asked while sitting at the showroom floor of the dealership) on /r/personalfinance and /r/cars whether this was a good idea and got the go ahead from lots of people - I was already aware of the idea of living below your means and had saved up $65,000 from my job, selling the house, rent money, and other side gigs (I'm a professional model and provide consulting). There was one comment all the way at the bottom though that only had 1 upvote and they mentioned not to purchase the car while referencing /r/financialindependence - I asked on this sub and besides major downvotes - I got a big clear no. That's when I started researching what FIRE was all about and why everyone was against the idea of such expenses. 
+
+That's when I made the decision not to proceed with the purchase. I had given the Finance Director my cashiers check and asked for it back. They tried very hard to convince me to buy the car because it was a sweet deal and they couldn't guarantee that someone else wouldn't buy it. It was very hard saying no because I had always dreamed of owning a car, and to be able to purchase a luxury car was a dream come true. When I was in college I would bicycle everywhere: to class, home, the grocery store so to be sitting there with the money was a dream come true, but, I said no. I realized I was only purchasing the car as a status symbol to impress people who didn't give two shits. I was jeopardizing my future retirement by blowing this money all for nothing - it wasn't worth it.
+
+After reading several personal finance books and FIRE blogs, I have since opened an online high yield savings account and brokerage accounts. 
+
+Today, this is what my portfolio looks like:
+
+Vanguard non-retirement brokerage account:
+
+VTSAX: $62,952
+
+VTIAX: $3,623
+
+Vanguard Roth IRA:
+
+VTSAX: $11,915
+
+Fidelity Employer Sponsored 401(k) - my company matches 8% if I put in 4%. But I max out my 401(k).
+
+401(k) 2060 Target Fund: $5,011
+
+Marcus High Yield Savings Account: $20,500
+
+Chase Checking: $3,500
+
+Robinhood: $1,021
+
+Today at 24-years-old I have over $100,000 to my net worth. I drive my parents hand me down $2,000 Toyota Camry and pay them $500 rent monthly. If you were to see me in person, I look like I'm worth $500, just like when I was in university. I invest every dollar I can into stocks. I still ride my bicycle now voluntarily from time to time and I couldn't be happier with my decision. That luxury car I wanted to purchase was sold hours after I left the dealership and I hope the new owner can really afford it and is enjoying it. Me, I've got higher priorities now - and that is pursuing FIRE and pursuing my other hobbies and passions. 
+
+Thank you /r/financialindependence from saving me from making a terrible decision. I hope someone else about to make a terrible financial decision reads this post and is inspired to instead ask themselves if making this purchase will truly make them happy. I know my answer was no. 
+
+I apologize if this may be poorly written and rushed, I only had a few minutes free to post this.
+ 
+
+📖 A little description of the project:
+
+⚡️⚡️On May 11th, PIKA officially transformed into the legendary PIKA V2⚡️⚡️
+
+🔥 Deflationary tokenomics! 5Trillion burnt yesterday - 2.25% BURN on every Transaction 
+
+🃏 NFT trading card game with world renowned gaming studio in the pipeline, Virtuos studios!
+
+✨ 3 tiered token system!
+
+🧬 Evolutionary staking!
+
+✔️ Amazing Community of over 6000 Telegram members!
+
+PIKA V2 will be the pioneer in what's coming!
+
+GIVEAWAY: [https://www.youtube.com/watch?v=u9F7q4MyPK8](https://www.youtube.com/watch?v=u9F7q4MyPK8)
+
+LIQUIDITY LOCKED:
+
+[https://unicrypt.network/amm/uni/pair/0xc3B8d5F4B6ac5177E6058891bE50A910aD958716](https://unicrypt.network/amm/uni/pair/0xc3B8d5F4B6ac5177E6058891bE50A910aD958716)
+
+EASY BUY LINK:
+
+[http://buypikacrypto.com/](http://buypikacrypto.com/)
+
+CONTRACT ADDRESS:
+
+0xa682ee16b497afceedf47e4820fc2af3845fd2d2
+
+CHART (DEX TOOLS):
+
+[https://www.dextools.io/app/uniswap/pair-explorer/0xc3b8d5f4b6ac5177e6058891be50a910ad958716](https://www.dextools.io/app/uniswap/pair-explorer/0xc3b8d5f4b6ac5177e6058891be50a910ad958716)
+
+ETHERSCAN LINK:
+
+[https://etherscan.io/token/0xa682ee16b497afceedf47e4820fc2af3845fd2d2](https://etherscan.io/token/0xa682ee16b497afceedf47e4820fc2af3845fd2d2)
+
+PIKA STORE IS LIVE:
+
+[https://store.pikacrypto.com/collections/all](https://store.pikacrypto.com/collections/all)
+
+Telegram: [https://t.me/Pikatokenofficial](https://t.me/Pikatokenofficial)
+
+Twitter: [https://twitter.com/pika\_token?s=21](https://twitter.com/pika_token?s=21)
+
+STAKING IS COMING SOON\* CHECK PINNED MESSAGES BOIS \*\*\*\*
+
+\#PIKA #Gamefi
+Below is a copy of a post I made on medium. I thought this group might like it (not linking there because that would probably be self-promotion?)
+
+----------------------
+
+> "The stock market is a device for transferring money from the impatient to the patient." - Warren Buffet
+
+If you’re investing in Index Funds, does it matter when you buy them, or just how long you hold them?
+
+Let’s run an experiment using the S&P 500 Index. We’ll compare two hypothetical investors, Lucky Larry, and Unfortunate Ulysses.
+Both investors plan to invest $5000 each year into an Index Fund that tracks the S&P. Both also plan to invest only one time per year, the entire $5000 in a single purchase, and not spread their purchases out throughout the year.
+
+Lucky Larry has great timing and purchases every year at the lowest month close.
+
+Unfortunate Ulysses has… unfortunate timing, and purchases every year at the highest month close.
+
+Both invest every year for 40 years starting in 1965. How much better off will Larry be when they retire in 2005?
+
+Note: All numbers are inflation adjusted for October 2017.
+
+https://i.imgur.com/VReIAur.png
+
+
+Interactive spreadsheet of the above (make a copy to play with the numbers yourself): https://docs.google.com/spreadsheets/d/1o0na9HUt7F9NSSJciVa74cxvAamefElmmCUVvu_-LWk/edit#gid=544101929
+
+The results? Lucky Larry: $578,524. Unfortunate Ulysses: $483,791. A difference of $94,733, or roughly 16.37%.
+
+A 16% difference should not be brushed aside, but it’s not as bad as I had originally predicted the difference would be. If you consider that both hypothetical investors lost around 43% of their account balance between 1999 and 2002, a 16% difference after 40 years doesn’t seem so bad at all.
+
+And if they would have just spread their purchases out throughout the year, their ending balance would have been $525,652, which is only $52,872 off of the "best case" scenario, or roughly a 9% difference.
+
+When investing in Index Funds, time is more important than timing.
+Hi everyone, pretty new and young (29) investor here. Just wondering why a lot of people seem to recommend XEQT or VEQT vs. just an S&P 500 ETF?
+
+Correct me if I’m wrong (see tables below), but it seems XEQT and VEQT have about a 7% 20-year annualized return based on their underlying ETF’s, as they are quite new products.
+
+Whereas, the S&P is generally quoted averaging 10% per year over the last 20 years or so and its lifetime. 
+
+With MER’s being much lower for S&P ETF’s (0.03-0.04%) vs XEQT or VEQT (0.20-0.24%) and the return of a S&P ETF seemingly being better, why wouldn’t the S&P ETF be the better choice in the long run? 
+
+Am I missing something? (I totally could be…I’m new to this)
+
+Thank you!
+I like to pick my trades with an Atchisson AA-12 Fully Automatic Combat Shotgun and I have no intention of changing that. However I am trying to learn enough about the market to at least point it in the right direction and stop blowing my feet off.  
+
+
+So my question is, why has LRS seemingly shit itself?  
+
+
+I know the market is bleeding at the moment but it would be helpful to know the other factors at play. Current hypothesis include:
+
+* The directors exercising LRSOC has triggered some paper hands. Does this count as share dilution? The options were already out in the market so I would have thought no.
+* The Morningstar Quantitative valuation has got people spooked into thinking the stock was way overpriced.
+* It is currently fairly priced and the last high was just from hype pumping up the stock, we won't see much growth until they start pulling that special white powder from the ground
+* Markets fucked, money printer go brrr
+
+In 248k @ 0.080, Thanks to some dumb fuck T+2 decisions (Was in @ .068)
+Not financial advice and dyor.
+
+
+Am sick and stuck in bed. This sub is slow today and I need to be entertained. So figured I'll make a little post here to get your juices going. If there's enough interest, tomorrow I'll post the DD I've accumulated over the last couple of months from other redditors.
+
+
+But here's why I think you should DYOR into this company asap!
+
+
+The share price (now 6.4c) sat under 4c for a bit a couple of months and then news of a new minister for energy was appointed in Zimbabwe (where the project sits). This minister is all about growth and his apparent ties to IVZ didn't hurt the share price as it climbed to mid 4s where it sat, flirting with 5c for a month or so as holders accumulated. 
+
+
+The announcement all holders have been waiting for, to get the price rocketing, is the PSA. This Product Sharing Agreement ensures Zimbabwe govt won't be dodge and screw IVZ over. If they do, no one will do business with Zimbabwe ever again. The new president is all about foreign investment so he's onboard.
+
+
+Oddly enough, the CEO of IVZ tweeted that the PSA was being finalised and close to completion yet the shareprice barely moved. Tells me that as much confidence as CEO has in the PSA, getting anything signed in Africa and above board is risky enough for holders to wait for official announcement. Basically, it isn't priced in yet.
+
+
+So here I was yesterday chillin on a Friday morning when an article comes out giving IVZ media coverage. Price goes from 5c to 8.5c before settling 6.4c. So a jump, but not a pump and dump type jump. And if it gets dumped... back to 5c isn't a huge fall.
+
+
+But the timing of this article is interesting. IVZ obviously not very well known but the reward is gargantuan. So holders are thinking article was to raise awareness in time for imminent announcement of PSA, which holders estimate will double the share Price to 12c.
+
+
+And the second announcement of farmout partner hopefully brings it above 18c.
+
+
+I'm banking on news this week. Monday with any luck.
+
+
+Again, more in depth DD to follow if you name me your new Melvin.
+
+
+Please dyor, this is not financial advice. Just some tinfoil hat autist connecting some dots
+
+
+Also keen to hear about other imminent triple baggers so please do post it.
+Hello fellow punters,
+
+I know some of you tards are like me and own ASIA, shit's fucked right? Yeah I've been thinking about it too and decided to share some of my thoughts in the hope that we can add some wrinkles to to our brain and share our thoughts on the situation. I write this mostly for my own benefit, it helps me to figure out my decisions when I write things but I'm also interested in hearing other opinions on the Chinese tech sector and where it's heading. 
+
+A disclaimer first that you probably shouldn't consider any of this "DD" and you should definitely fact-check me to inform your own decisions. I do enjoy the smell of Clag paste and the taste of crayons (purple is the best flavour). 
+
+Anyway
+
+**Why I think Pooh do dis?**
+
+The easiest explanation for Pooh messing with DiDi, Alibaba, and others is that the CCP simply wants "Westerners to lose money". The thinking seems to be that in making these regulatory moves, they make the share price tank, US investors lose money, Chinese tech loses value and therefore influence within China around the world. The thinking follows that if Chinese tech is in a weak bargaining position, this increases the ability of the CCP to influence those companies. This is an easy thought process to go with, because *as western investor*s its easy to view the situation through our own lens. It's easy to see the CCP is targeting *us* and view it as a continuation of the Trump-Era trade wars. 
+
+However, I believe that it is *not* in the CCP interest to have weak Chinese companies (especially tech companies), nor is it in their interest to restrict the growth of these companies. Provided they have their influence, the bigger a company like BABA can get, the better. I do for not for instance see it as being in their interests to have BABA, at a low valuation, exclusively trading on a Chinese exchange as some have suggested. This would be counter intuitive to the massively expansionist policy the CCP has had over the last 20 years. China isn't North Korea, Pooh doesn't want to close the doors, he wants to get his tentacles in every corner of the globe and have as much influence as possible. 
+
+What I do see these regulatory moves as however, is Pooh trying to "catch the train" and get his dirty little bear paws in the pie before these companies really take off. I see fining companies like Tencent and Alibaba more like a "flex" than a serious effort to dampen their growth. A $2B fine might make a great headline, but that sort of money doesn't really affect companies of this scale. 
+
+There is definitely [an argument to be made](https://apnews.com/article/china-data-privacy-technology-business-2728ec59a0ac887dd5a27a0cdd397b52) that this "crack-down" is data-driven. After all their covid efforts the CCP is coming to terms with the fact that their largest tech companies have more data than they do. Emotionally its easy to argue that the CCP is "mad" at this and are "punishing" the tech companies to gain an edge, but I think the CCP is smarter than that. What I think they are doing right now is flexing their political muscle to build the framework for what they hope will be the next few decades of Chinese tech dominance. 
+
+What we have to remember here is that despite the already impressive earnings numbers the Chinese tech sector is still completely in its infancy. Still about 30% of china doesn't have access to the internet and that is [changing at a rapid rate](https://www.statista.com/statistics/236963/penetration-rate-of-internet-users-in-china/). Their middle class is booming, and all of this means substantially more profits for all these tech giants which already enjoy almost absolute domination in their respective sectors within the Chinese market.  
+
+The rules and actions they are taking seem extreme to people from our perspective, but I'm sure China has studied the US tech sector and their current data dominance and political control. They have the advantage of being *behind* in this case and are able to learn the lessons from the US market. More Data is more power, so they want to make sure the Chinese tech giants play by *their* rules moving forward. 
+
+**What I think might happen**
+
+However unethical and self-serving these regulations and controls may be I don't view them as a CCP effort to either drive down Chinese tech SP nor slow down growth in the sector. I think that the long term political CCP goals DO align with the growth stories of these companies, provided that the CCP are able to maintain the data-independence they desire. 
+
+Ultimately, I think Chinese tech will work with the CCP (ie, kinda be forced) to come up with semi-reasonable agreements that allow them to thrive, and the CCP to keep their data. It is in the interest of both parties to get this done quickly, to continue the growth trajectory of the broader Chinese economy and continue the growth of Chinese tech. 
+
+As stated above, I think Chinese tech is criminally undervalued at the moment from a fundamentals perceptive. A company like BABA could very well be trading at 2x its current SP if it weren't for the current sentiment. Sentiment tends to be a short-term thing, and I think once these "growing pains" are over, the Chinese tech sector will resume business as usual, likely with out sized growth considering the slide over the last 6 months. When that will happen exactly is anyone's guess. 
+
+As for me, ASIA currently makes up about 12% of my portfolio and I am making up my mind as to whether I want to ride these waves with my current position, or trim down in the short term and put the money elsewhere until sentiment settles. I can honestly understand all positions right now. Selling makes sense to me, at least in the short term if you think the money can be better spent elsewhere. Holding makes the most sense for those with the portfolio weighting or the conviction to ride out the waves. I also think that buying right now makes sense for those with a longer term time horizon, its easy to forget that ASIA was over $14 less than 6 months ago. 
+
+Thanks for coming to my TED talk, keen to hear if anyone has any thoughts on my ramble. 
+
+🚀🚀
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/EKU2tVBp9u)
+Love a good racehorse name, also love a good stock ticker.  
+
+
+I currently own:  
+
+
+* PWN - because games (also because they're meant to be limiting pollution from mining or something, tbh i dont even really know what they do, just like the ticker lol)
+* POWW (us) - because it makes bullets for mericans to shoot each other with and its called "poww" (only in america lol)
+* GLEN (lse) - because my neighbours name is Glen (hes a legend so the stock must be, right?)  
+
+
+Anyone else blindly thrown their hard earned money at stocks because of tickers? Tell me I'm not the only one :)
+I hired a nanny (as an employee) to watch my daughter for a few hours a week. I read guides about how to do the finances. Turns out the guides were wrong. When I got form 941 to report how much I had taken from the nanny’s paycheck for taxes it was clear that the guides gave me wrong numbers, and that I took too little from the paycheck for taxes (half of what I was supposed to—I.e. 6.2% instead of 12.4% for social security). So technically I paid her too much according to her hourly wage vs the tax rate, because I was told the tax rates were half of what they are.
+
+I want to solve this the right way, but have no idea how to start.
+As the year draws to a close, many of us are doing our final checks of our spreadsheets and wanting to take a minute to reflect on what this last year has provided for us and what we are hoping for in the next one.
+
+Please use this thread to do report anything you want - whether it be a massive success, reaching a mini-milestone, actually accomplishing your goals from last year, or even just doing nothing while time does the work for you (for those in the 'boring middle' part). We want to hear about all that 2019 did for you - both FI related and personally as well.
+
+After reflecting on the past, we also want to look towards the future. What are you looking for in the new year (or even decade) - what are your goals and aspirations that will help guide you this coming year. Are you looking to finally max our your retirement accounts, get a 529 going for your kid, nearing that next comma, becoming completely worthless, or finally hitting your number and cashing in all the GFY's you can get?
+I’m not sure if this is the right place for this question. If someone could direct me to the right place I’d appreciate it!
+
+So pretty much I work at a small landscaping company in South Carolina with 7 employees including the owner. I had just got back from a 2 week vacation and this morning the owner told me that I would need to take a pay cut or I wouldn’t have a job anymore. He said the reason for it is that I’ve been underperforming lately. Which is probably somewhat true, but when I’m forced to work 60-70 hours a week what do you expect? We have also gone from 12 employees before the pandemic to 7 now so I think that may be part of it considering I was the top paid person at the company
+
+I asked him if I would get paid my vacation time for the past 2 weeks and he said he wasn’t going to do that even though I get 3 weeks per year and haven’t used any of it so far. 
+
+So I guess my question is that can he legally not pay out my vacation time for the past 2 weeks? I didn’t specifically tell him that I wanted to use my vacation time before I left but since we are close to the end of the year I figured it was pretty obvious that I would use it
+Just meet a couple that decided two years ago to buy every month $500 worth of Bitcoin as a saving plan for their kids, the husband is in online marketing and the wife is a teacher. They believe that Bitcoin  will be like investing in real estate 30 years ago, what’s your genuine opinion about that? Do you think that because of the limited supply of Bitcoin it’s the same story as real estate?
+Looking for some advice. I need around $50k to fund a kitchen renovation. I have some investments that I can liquidate (funds and crypto), but would be selling them at a very low point given the state of the markets. The other option seems to be a loan, but I’m not sure about doing that given current interest rates and having additional debt for years. How would you fund?
+When it comes to compensation I think most people tend to focus almost exclusively on base salary numbers and potential bonuses, but there are additional nuances to be mindful of when comparing one employer to another when evaluating the overall benefits. I came up with a list to use as a comparison guide/question list to ask potential employers. Hopefully others here can provide feedback to add to this list.
+
+This is not a one-size-fits-all but hoping this provides a starting point.
+
+-----
+
+Salary
+
+* Sign-on bonus
+
+* Bonus incentive(s)
+
+* Restricted Stock Units (RSUs)
+
+* Stock options
+
+* Vesting period?
+
+* ESPP?
+
+401(k)
+
+* Is plan participation immediate or is there an eligibility period?
+
+* Is there a Roth 401(k) option?
+
+* Is there a self-directed investment option?
+
+* Is there employer matching? If so, is it just on base salary or are bonuses included?
+
+* How much matching?
+
+* Is the matching strictly in company stock or can I choose the funds it invests into?
+
+* Does it begin immediately or is there an eligibility period?
+
+* Is there a cap on the total dollar amount matching per year?
+
+* Is there a vesting schedule for matching?
+
+* Does the plan offer a true-up?
+
+* Are after-tax (non-Roth) contributions allowed in the plan?
+
+* Is there employer matching for after-tax contributions?
+
+* Are in-plan conversions or in-service distributions allowed?
+
+* How frequently can the conversions or distributions be made (every pay period, once a month/quarter/year, or other)?
+
+* Who is the 401(k) plan administrator (Vanguard, Charles Schwab, Fidelity, etc.)?
+
+* Fund options?
+
+* Are there index funds options in the plan? Which ones, which indexes are they based off of, and what are their expense ratios?
+
+* What are the plan's management and/or transaction fees?
+
+
+Pension or Cash Balance Plan
+
+* Vesting schedule?
+
+* Employer contribution amount?
+
+Medical/dental/vision coverage and costs
+
+Health Savings Account (HSA)
+
+* Does the employer contribute and if so how much?
+
+Flexible Savings Account (FSA)
+
+Commute cost reimbursements (for public transportation, parking, etc.)
+
+Vacation time
+
+* How many days/year?
+
+* Is it an "unlimited" vacation policy?
+
+* Are unused vacation days rolled over to the next or is it a use-or-lose-it?
+
+* If rollovers are allowed, is there a maximum cap overall?
+
+Remote work
+
+* Is remote work an option (either full or part-time)?
+
+* Will the company provide equipment for remote employees or is it bring-your-own-device (BYOD)?
+
+Flexible work arrangements
+
+Holidays
+
+* Which holidays are included?
+
+Training/professional education development budget?
+
+* Company paid or reimbursement required?
+
+Paternity/maternity leave option?
+
+Daycare assistance?
+
+Lunch/snacks provided?
+
+Wellness program?
+
+* On-site health facilities (gyms, etc.) or reimbursement for similar expenses (yoga classes)?
+
+* Access to basic/free or low-cost professional consultation in matters of stress, etc.?
+
+-----
+
+If comparing employers in different regions, also considering living costs, housing, transporation, or other quality-of-life factors (weather, access to amenities such as nature, beachs, dining options, etc.)
+
+-----
+
+EDIT: additional recommendations from others in this thread
+My wife and I will be inheriting $90k in the coming months. Additionally, we already have about $100,000 saved in cash/brokerage account and then $54k in student loans that are in forbearance. We are currently renting in a HCOL area ($1700/month), hoping to buy a home in the near future ($500k-ish) to potentially house hack by renting out a basement.
+
+Off that bat, I was thinking we'd finish maxing out both our Roth IRA's for 2021 and then for 2022 come next year. And then set aside $15k for an emergency fund. **That would leave us with $157,000 left.**
+
+What would you do after that? We've thought about either paying off the loans completely or at least paying down a good chunk and then refinancing them at a 3% rate. We're also split on either putting 20% down on a house in the summer of 2022 or possibly a smaller payment with rates and PMI being so low.
+
+​
+
+*Other:*
+
+Currently saving about $3k/month
+
+No 401k's, but I have a SEP IRA
+
+Late 20's
+
+No other debts.
+Not asking for help, just asking for help planning things out. I got income coming in but haven't found an affordable place to live at once my lease is up. 
+
+My plan is to rent one of those 24/7 work spaces(to avoid the elements at night), and sleep elsewhere during the day. As well as grabbing a gym membership to shower. 
+
+For storage I was thinking about grabbing a safety deposit box for my clothes. Is this a good idea? Or should I bite the bullet and invest in a storage unit. (usually hits $100/mo out here in seattle) Barring that, are there any other options out there?
+
+Thanks in advance, I appreciate the help.
+Sold my company earlier this year. It was a small team (<10 people) and only a couple people were offered jobs at the acquiring company to help with the transition. They didn't offer any of the people "stay packages" to lock them in or make any of the deal terms contingent on continued involvement. I was one of those people and tried to give two weeks notice earlier this week after 2 months at the company and deciding I didn't want to stick around. 
+
+I knew it would be tough for the acquiring company but didn't expect what happened next.  The conversation got escalated up the chain of command and they threatened to lock me up in litigation if I didn't agree to stay on for a minimum of six months with no additional compensation. Had to agree to stay because I can't afford protracted litigation costs. 
+
+Was I the asshole for trying to leave? No one mentioned any expectation for how long I would be expected to stay post acquisition. In retrospect they probably thought I was a low flight risk and didn't want to pay me extra to stay on. That or they wanted to reserve the right to fire me but didn't think I'd leave before the wanted to let me go. Is this type of behavior par for the course? Figured r/fatfire would have some good stories to tell.
+So apparently snapchat is having an IPO today, so uhhhh, have at it! 
+
+As always please keep all snapchat discussions here to prevent the enthusiasm from drowning out other news. 
+
+Markets open in an hour, I have absolutely no clue when shares start trading, happy IPOing Y'all.
+I recently bought a place in the middle of nowhere just as an escape whenever I want it. Problem is here in Sweden people don’t like rich people, especially those in the more rural areas.
+
+Let’s just say that I wasn’t exactly appreciated when I went into a nearby community for some supplies because of (what I think was) my car.
+
+I’m looking to buy a discrete luxury car to use in situations like that. I’ve looked into the Volvo XC90 T8 but I want to see if anyone here has any other ideas.
+Theres been a lot of talks about buying options over the past weekend and claiming that it hurts SHF through leverage but if you've just been watching GME the last 11 months you would know why it can be a terrible terrible idea
+
+GME almost always closes at max pain. That means that most options will expire worthless and all the money you spent on options premiums just go down the drain and straight to the options writers. 
+
+Who are the writers? This DD looks into just that https://www.reddit.com/r/GME/comments/mha8v8/for_the_love_of_god_stop_buying_options_and_doing/?utm_medium=android_app&utm_source=share
+
+Tldr; Unless you really know what you're doing with options, stick to what you're doing: DRS and wait
+Ik I can go on Quantconnect et. al to sell it, but I don't want to learn an entire API  just to fund raise, and I also would rather start my own shop than sell the strategy and move on to the next thing. My friends and family want to give me money, but there is no way I can just take peoples money and run with it - at least I imagine. So what can I do to leverage my work and go out and try it?
+If you are young and healthy the world is yours. Having no money or infinite money means little when your health is in the drain. 
+
+This last week I've struggled with an awful flu virus making it hard to breathe, headaches, body aches and overall makes things miserable. I can't even begin to imagine people who have it worse because I know there are many out there. 
+
+Some times it's easy to focus on what you don't have but this post is more about appreciating what you do have. If you have the ability to go for a walk 30 minutes a day, do pushups, situps or jog for 15 minutes, take full advantage of it and start because one day if you can't, you'll think back to how that is all you desire.  
+
+Hoping for great fortunes to all. Stay safe out there.
+I had a small oil filled heater I was using once my wife and kids went back to work/school, rather than using the central heating.
+
+It died just before summer kicked in.
+
+Any suggestions for a small heater (or alternative) for someone who will be largely homeworking this winter?
+Electric vehicles, Shipbuilding, Aircraft at end of 2018.
+
+Commercial vehicles in 2020.
+
+Rest of auto market in 2022.
+
+https://www.reuters.com/article/china-autos-regulation/china-sets-timeline-to-scrap-foreign-stake-limits-for-auto-sector-idUSB9N1RH02H
+
+https://www.bloomberg.com/news/articles/2018-04-17/china-to-remove-auto-ventures-foreign-ownership-limit-by-2022
+I don't want this to seem like a woe-is-me post, so I'll keep it short and simple.
+
+My wife and I make a healthy income, and don't really want for anything. We are pretty frugal and are on course to chubbyFIRE sometime in our mid-late 40s.
+
+My parents who are at least a magnitude wealthier are offering to replace our 10 year old SUV, and have also offered to send out kids to private school if we so desire. I know they have also put away a nice amount in 529s.
+
+I have some qualms about that.
+
+On one hand, it feels irrational to decline a gift. The gifts would have real utility, and while we could fit them into our budget it would cost us in a way it wouldn't cost them. Also, family fortunes definitely help pave the way for greatness - Bill Gates, Trump, the Bushes, the Kennedy's, etc.
+
+On the other, it makes me feel like a spoiled shithead trust fund kid, considering they already paid for my college and car. Making my own money and buying my own house gave me a sense of self worth and fulfillment, and drove me to do bigger and better things. I also don't know I'd want my kids to grow up with the idea that their grandparents are rich and will spoil them for life - which they already do to an extent.
+
+Do you have any qualms about taking gifts from your parents? Should I?
+Title tells 80% of the story, so feel free to ignore the remainder of the post if you're busy/uninterested but really want to share.
+
+Basically about to make my first investment, and after months of active research (and years of passively dreaming of the day when I had money to invest and thinking about what grown-up me would buy), I'm about to drop five-figures on XEQT. Basically, my investment thesis heavily relies on the efficient market hypothesis. While I do not believe it is strictly true, I believe it is true enough to guide decision making, particularly for a dummy like me who is busy 14-16 hours a day and rarely even opens his computer (i.e. I do not have the ability or time to evaluate business). Basically, I believe there is no chance (beyond regular chance variation) that I can outperform other investors with far greater skills and resources than me, which means I have no chance of beating the broad stock market. My goal is to hold it for 30 years and maintain and grow my wealth for retirement or support my kids when they start their own lives. I do plan to gradually buy more bonds as I get older but my wife's retirement accounts are already really bond heavy (between 30-40%) so I think it's best to bring the bond/stock ratio down considerably by investing in all-stocks for the next few years.
+
+So, now I'm trying to think of the things I haven't though about; any reasons not to buy these products?
+My father is in the negotiation phase with a company that legitimately hurt his feelings with their offer letter. When he said he couldn't work there for less than double what they offered, they called him and accepted. In the paperwork he was told to sign, it states that the salary is up for review every 6 months, and he is afraid they will cut him back to their original offer by just stating he didn't meet their expectations.
+
+
+Is that something the company could legally do?
+
+
+edit: He was offered ~$40k, and they agreed to start him with $83k. He's afraid they will cut his pay to $40k in 6 months at the review.
+
+Edit 2: thank you all for the advice, but my dad decided they weren't worth the trouble in the end. I was curious about the legality, and what I gathered is they CAN legally cut his pay in half whenever they want, but then he can use that as an excuse to quit and collect lay-off benefits while he looks for another job.
+Like logins, secret code.. passwords.. 
+This is all growing and I'm starting to find encrypted notepad on my phone inefficient and unsafe and paper is prone to damage
+
+There's more and more apps and accounts we are making, for instance a Isa or shares Isa.. 
+Bank account, savings, nope investing accounts, 5 checking accounts...  Online billings accounts, lights water electricity.. Payslips...  card details
+
+I feel like my money is going into these things and in 20 years time I'll probably, forget, lose access to these
+
+So how do you store relevant information about your accounts? 
+
+EDIT: on second thoughts why is paper not ideal?  I have a printed a4 personal journal/diary that is in immaculate condition for the 20 years I've had it. Keep it in a fire proof wallet.. Is that a bad idea???
+
+BTW I don't write out my full passwords, I write the beginning of them as reminders for what they could be
+I just wanted to say thank you to everyone in this community. I've learned so much in such a short period of time and everyone is always willing to answer questions in depth. You guys/gals have been my greatest asset. This sub, @realestate and @landlord have been my holy grail. Again, thank you!!
+
+Yall are awesome!!!!!
+A global financial crisis makes about as much sense as a global inches crisis. Ever heard of a construction project getting shut down because of a shortage of inches? Ever heard anyone say we can't switch over to the metric system because then what would we do with all the inches? Inches and dollars are units of measurement. They do exist. They exist in the mind.
+
+Those who control the current disintegrating slave system want to reset us into another system that they also control and the only crisis is that they fear a loss of control. They wish they had a good war or a pandemic to blame but they don't. They are set up to take the blame and they know it.
+**Summary**
+
+[ComfyToken](https://www.comfytoken.com/) is a token for the people, by the people, for the sole purpose of #StayingComfy.
+
+One of a kind, unique tokenomics: 2%-30% Transaction Tax. The bigger the trade, the higher the tax. The idea behind these tokenomics is to discourage large movements and prevent whales and bots from manipulating the price, which leads to a **comfy** long-run hold.
+
+Every ComfyToken holder automatically receives reflection through the smart contract on the BSC network; more specifically, they receive a portion of fees back everytime a transaction occurs on the smart contract. The fee on every transaction is progressive, it is based on the size of each transaction relative to the circulating supply.
+
+**Tokenomics**
+
+Transaction fees are:2% if <= 0.001% of CS4% if <= 0.0025 of CS6% if <= 0.005% of CS8% if <= 0.01% of CS12% if <= 0.025% of CS16% if <= 0.05% of CS20% if <= 0.1% of CS24% if <= 0.5% of CS30% if > 0.5% of CS
+
+\*CS stands for Circulating Supply. Right now CS is \~930B.
+
+Half of the fee is added to the Pancakeswap liquidity locked (locked for 4 years). The other half is redistributed to holders (including the burn address --> so the supply is deflationary!)
+
+You have to usually add 2-5% over the transaction fee to get your order through, unless you're buying a large amount, in which case you will might need more!
+
+**Roadmap / Future**
+
+The roadmap is super comfy. One of the best I've seen. I tagged this as a "meme/shitcoin" to make sure Rule 7 isn't broken, but the roadmap lists several strong fundamentals/use cases already. You can find the roadmap on the [website](https://comfytoken.com) if you scroll down. Highlights include: advertising, AMAs, listings, audits, merchandise, community events, NFTs, and some other surprises :) 
+
+The team has been very active and friendly so far on Discord / Telegram, and will be doing their first AMA soon. The community is already quite strong/comfy, and there don't seem to be any "wen lambo" moon boys around, which is really nice. Seems like most people are aiming for 500M+ MC (50x+ from here), so I could really see this token going places. The sliding scale tokenomics are truly a step above SafeMoon & copycats IMO.
+
+**Highlights / Links**
+
+* \~36 hours old and has already surpassed [1500 Holders](https://bscscan.com/token/0xC737B44CB0Aa18815a1F6918EB338dEe7e7E6bD7#balances) with little to no shilling (this is one of the first big social posts!)
+* Chart: [https://poocoin.app/tokens/0xC737B44CB0Aa18815a1F6918EB338dEe7e7E6bD7](https://poocoin.app/tokens/0xC737B44CB0Aa18815a1F6918EB338dEe7e7E6bD7)
+* Whitepaper: [https://www.comfytoken.com/whitepaper](https://www.comfytoken.com/whitepaper)
+* Recent Medium Article further explaining the benefits of the Tokenomics and more about the Comfy Token: [https://comfytoken.medium.com/come-on-in-get-comfy-cf09ff8e69fb](https://comfytoken.medium.com/come-on-in-get-comfy-cf09ff8e69fb)
+* Available on PancakeSwap: [https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xC737B44CB0Aa18815a1F6918EB338dEe7e7E6bD7](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xC737B44CB0Aa18815a1F6918EB338dEe7e7E6bD7)
+* Discord: [discord.gg/comfytoken](https://discord.gg/comfytoken)
+
+**Website:** [https://www.comfytoken.com](https://www.comfytoken.com/)
+
+**Disclaimer:** not financial advice
+You’ve been keeping your GME shares at your broker for as long as you can remember. Despite all the warnings your fellow Apes gave you about how shares aren’t safe at brokers, you didn’t believe anything could happen to you. You read many posts just like this, trying to warn you, but you choose to have wishful thinking and instead believed the anti-DRS comments under this post. 
+
+After several months of countless Apes registering their shares in their own name, an announcement comes from Computershare: “The entire GameStop float has been locked. We can no longer accept any more orders. Thank you.” Many Apes that didn’t DRS in time express their grief that their shares are stuck with their brokers and cannot be registered and protected. You realize that every Ape that registered their shares is safe, and you’re left gambling on the trust you have with your broker…
+
+The next day you wake up late in the morning after a long sleep and check your phone. You have 34 text messages from friends telling you GME has exploded and the squeeze has started. Excited, you check the price of GME and see it jumped to $82,000 from $400 in just a few hours and is going straight pass $1 million at a fast rate. This is your time now, you’re going to have enough money to provide for your family for the rest of your life and build your own legacy with this newly obtained wealth. 
+
+You won.
+
+You check the rest of your notifications and see you received an email from your broker. You read it.
+
+“We’re emailing you to inform you that your 72 shares of GME have been sold at a price of $390.40 at 9:31 EST. If you’d like to learn why, you can message us at […]”
+
+You realize your broker sold your shares without your permission a few minutes before the short squeeze began.
+Panicking, you message your broker multiple times asking why they sold your shares without your permission, demanding an explanation and calling them criminals.
+
+*No response
+
+You check r/Superstonk and see all the Apes celebrating their victory as the price of GME is now at $491,000 and climbing. You don’t know what to do anymore. Your heart is racing, your future wealth was stolen from you under your feet and you have no words to describe the pain.
+
+Days go by and still no respond from your broker. You check the GME price and see it’s at $2.5 million and still shooting up. Instead of joy, you feel agony seeing that price, knowing you won’t get a piece of the unprecedented fortune...
+
+-Months Later-
+
+You join a class action lawsuit against your broker to get at least a portion of the money you lost from them, but you agreed to this when you used their platform. You didn’t read their terms of service and by being a beneficiary holder you were taking on their losses. It doesn’t matter anyway because they declare bankruptcy soon later. You know even if you win the suit against them, you’re never going to see that money you lost. 
+
+-20 years later-
+
+Your children are reading the history books, learning about the economic crash of 2022 that took down several hedge funds and propelled the price of GME up 1,000,000%+. They ask you “weren’t you part of this movement? Why didn’t you become rich like the others?”
+
+You tell them, “I was supposed to, but I chose not to register my shares. I trusted my broker with my future instead of my own name and they stole it all from me."
+
+
+-The End-
+
+
+Disclaimer: This is not financial advice. We’re all individuals free to make our own financial decisions. Always read the Terms and Services when money is involved. The rules allow broker to take your money and give you nothing. When they lose they simply change the rules. 
+
+
+This was originally posted here https://www.reddit.com/r/Superstonk/comments/rcbw7b/wanna_hear_a_scary_story/
+Hit a new milestone tonight.  Just wanted to share with someone.  Started at 23 with nothing, but did have a decent job starting in a call center.  
+
+13 years later, I hit half a million in Net Worth, and I just bought my first investment property! (I will close on it in February)
+
+https://imgur.com/a/aPsYg
+
+Edit: I've had a few PM's and enough people ask what I did to achieve this.
+
+Quite frankly, I treated debt like it was a plague.  I didn't get my first credit card until I was in my early 20's, and I've *never* carried a balance.  I never went to college, so I have no college debt. (This is probably a major factor in my success.)  I'm not going to knock college education, and I don't want anyone thinking that not going to college is the way to get this kind of money, but it was a major contributor to my success.  Not having a college debt, and just working hard and learning in a computer technical field (one of the few fields where college used to not matter as much unless you were a programmer) contributed to my success.  I focused on scripting languages, and became so good at them, that I built automated systems for companies.  
+*I want to be clear on this.*  Experts say college degrees are still the best way to get ahead financially in life, and that people with solid degrees will ultimately do better than those of us without.  However, there is some merit in "the plumber, the carpenter, the handyman" and those types of jobs, where no college degree was ever had, but they build success on their own.  I think a lot of kids overlook these types of trades, and I've seen my share of very very successful people.  I also think sometimes carrying a college debt, and not nailing a great job as soon as you step out of college can be depressing, and this may impact performance in a work place.  I have no idea, but the experts say otherwise, so I trust them.  In the end, with compounding interest, there could be an argument that unless you get out of college with $X amount in salary versus $Y debt, it may take you years to catch a person who never went to college, with no debt.  It's like the math problem of an 18 year old investing $5000/year into the market from 18 until 23 years old, and then NEVER invests again, versus a 23 year old starting to invest $5000/year into the market at the same growth rate.  Go do the math.  Go see how many years and how much money it takes the 23 year old to invest to finally catch the investments of the 18 year old!  It's a fun math problem to do, and it's one of the biggest inspirations I've ever had.  Go teach your kids this problem too!
+
+Simply put, I focused hard on system automation, and was very good at it.  This landed me side by side with "degree'd" engineers, earning the same amount of money as them, but without the debt of college. 
+
+As far as investments are concerned, I started investing 12% into my 401k early on, and I invested heavily in Latin America stock, mostly PBR (go look it up).  PBR was also a luck factor, because it skyrocketed before the 2008 crash, and I (innocently and luckily) got out of it about 6 months before the crash.  I had no clue what I was doing in those days, and was just looking up stocks that had massive returns because I was stupid.  (Today I'm mostly in stable tech companies like MSFT and ORCL.)  Anyways, that massive boost early on from PBR really got my investments going ridiculously early, up to something like 60k in the first 2 years.  I also bought National City (the bank) just before they were bought by PNC, and that bump helped a little.  I really fumbled through stocks, dangerously in those days.  That helped me build up a small but decent net worth early.  I eventually moved to the "100% - age" model, and put a percentage of my funds into low volatility bonds based on my age.  At some point, I also increased my paycheck contribution to 14%, and never looked back.   
+
+Why do I have so much cash?  I just completed a contract, and that cash is going towards that investment property I mentioned above, so it's not going to remain as such. 
+
+I also dumped heavily into TSLA back when it was around $100/share. (Yes.. I know all you 'savvy' folks, I know), but TSLA really gave me a boost as well.  I've since sold out of it mostly, but I still hold some shares "just in case". 
+
+But if I were to name the single thing I've done to help boost my net worth so effectively, it would be paying down debt.  You lose SO MUCH MONEY to interest.  I paid down my house with GOBS of extra cash on principal every month, and did a 15-year finance, instead of a 30-year.  I also bought a house in what is now luckily a growing area, and I didn't buy a very big house.  "Experiences, not things" is my motto to live by. So we try to not buy too many things, and that allows us to save for events, and the rest of the cash goes towards debts.    
+
+The next goal is to close on this investment property, and begin the potentially risky venture into being a landlord on the side.  The area the house is in is in an area with one of the best elementary schools in the state, so the goal is to cater to young families that want their kids in that school.  I was able to negotiate a great deal on the property, and pull in a very low interest rate (for an investment property.. 4.5%), by putting 25% down on it.  (Part of that cash I mentioned earlier.)  
+
+At this point, I simply watch the market for major ups and downs as a signal for collapse.  They say you can't predict the market, but I did a couple of times based on (probably stupid) ideas, like when China crashed hard in 2015, I pulled out of the U.S. market because I firmly believe these things do not happen in a vaccuum.  Sure enough, our market dropped 10% (go look at .DJI on google finance), and I got back in.  Things like that have helped give me boosts here and there.  But at the end of the day, contribute as much as you can stand to the market, live in a smaller home, carry as little debt as you can, and before you know it, your money will be growing.  That's really it.  From where I'm standing, it's honestly nothing special.  No magic formula, no major number crunching, just consistency.  I don't "want" things very much, so I don't give in to many temptations. 
+In a post from a few days ago, someone asked about PZA, and the responses were almost entirely about the pizza, not the business with the huge dividend yield, and so I bring it up again.
+
+It is a 9% dividend yield, stable over 5 years. What gives? In a yield starved world, this is very unusual.
+Normally, the yield seekers would buy this down to a much smaller yield, say 4 to 5%. A high yield implies that it is considered unsustainable, but the last 5 years says otherwise.
+
+I don't understand.
+What do you guys think about ENB for long term div stock? Would they be heavily affected in the next 5-10 years, obviously oil gas isn’t gonna disappear by then but will we see a huge decline that would affect ENB. My goal is to hopefully break even on ENB share wise while making profit off the div over the next 5-10 years
+What do you guys think about ENB for long term div stock? Would they be heavily affected in the next 5-10 years, obviously oil gas isn’t gonna disappear by then but will we see a huge decline that would affect ENB. My goal is to hopefully break even on ENB share wise while making profit off the div over the next 5-10 years
+So based on my idea yesterday someone was liquidated. Or at least their positions were moved around and sold.
+
+https://www.reddit.com/r/Superstonk/comments/r52pn1/what_if_a_liquidation_did_happened_today/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+Today on Fidelity we saw a massive increase of shorts available. 13 million shorts on one brokerage is absolutely insane for a float of about 45-50 million (this is factoring in DRS). This is especially true if we have DRS’ed more shares then we think.
+
+Also this morning the 113% short float disappeared. It decreased down to 10% with no explanation. The obvious link here is that those naked shorts were absorbed by somebody larger and turned into synthetics. This would erase that legal short float and hide it.
+
+This is also the only feasible way that this QUANTITY of shares are available to short. Given that Fidelity is just one broker I can guess that their are at minimum 25 million shares out there ready to be shorted. Now how is that even possible given that the float has been reported as 45-50 million lately? The answer is that we are no longer dealing with just one float.
+
+The shares available to short all of the sudden are evidence that these positions were “closed”. But there was zero volume and it all happened off exchange. My thought process is that one of the only ways to move this quantity of shorts around off exchange would be during a liquidation/ acquisition
+
+[edit] Don’t get me wrong here. This isn’t disheartening. This is good news for us. If this true then a hedge fund just ate a huge bag to keep on going just a little longer. The fact that a hedge fund did get called means that there is still some upper limit as to were they can leverage themselves. I think that marge is knocking every day and that’s why it took a bit to find someone to take these shorts. You don’t take on massive debts if you aren’t just trying to survive
+
+These people only understand money and accepting this was more profitable then allowing these shorts to be covered by the prime broker who margin called
+
+[edit 2] This is also one of the only explanations as to how Fidelity got 20% of the float overnight to short. Volume is at an all time low and yet they have a MASSIVE position held up. This is insane and the reason why GME is dropping today. Just buy and hold
+
+[edit 3] That 13 million shares may be the real number of synthetic shares available to short. Cracks may be forming
+
+[Final Edit] The statement by Fidelity makes SOOO much sense. Those shares had to be recorded as returned but they are all synthetic. It was a momentary gap in coverage. They are getting slower with their ability to cycle FTDs. Fidelity waiter to make a statement until after these hedge funds took them back off of the books, honestly probably a market maker. I wouldn’t be surprised if Citadel Securities was responsible for this fuckery.
+
+It’s not even Fidelity’s fault* (they know crime is happening) they just reported what Citadel told them
+>EPS: $7.09 vs. $4.72, according to analysts surveyed by Refinitiv
+
+>Revenue: $59.7 billion vs. $59.7 billion, according to Refinitiv
+
+>AWS: $7.7 billion vs. $7.7 billion, according to analysts surveyed by FactSet
+
+https://www.cnbc.com/2019/04/25/amazon-earnings-q1-2019.html
+https://www.washingtonpost.com/business/2020/03/11/layoffs-coronavirus/
+
+>	Airlines, hotels, travel agencies and event companies have all been suffering, but interviews with more than two dozen firms and workers reveal that the pain is now translating into layoffs in a wider circle of industries, including a bakery and a chain restaurant.
+
+>	At the Port of Los Angeles, 145 drivers have been laid off and others have been sent home without pay as massive ships from China stopped arriving and work dried up. At travel agencies in Atlanta and Los Angeles, several workers lost their jobs as bookings evaporated. Christie Lites, a stage-lighting company in Orlando, laid off more than 100 of its 500 workers nationwide this past week and likely will lay off 150 more, according to chief executive Huntly Christie. Meanwhile a hotel in Seattle is closing an entire department, a former employee said, and as many as 50 people lost their jobs after the South by Southwest festival in Austin got canceled.
+
+>	Economists fear more layoffs in the coming weeks as supply chains come to a halt and people stay home and spend less.
+
+>	“We will definitely see an effect on jobs from the coronavirus, and it could be pretty large in leisure and hospitality,” said Julia Pollak, labor economist at ZipRecruiter. “The first thing we’ll see is a reduction in hours. We hear many reports of employers canceling staff everywhere except in health care.”
+
+>	Monday in Los Angeles, Sam Creighton and about 20 colleagues were fired from the China Visa Service Center. Creighton helped Americans get travel documents to China, but business plummeted as groups and individuals canceled trips to Asia out of virus fear. The company processed around 400 visas a month; in February, that number fell to 22. The visa center did not return a request for comment.
+
+>	"This job was my paycheck,” said Creighton, 27, who worked at the company for about three years. “I really don’t know what to do next."
+Me and my girlfriend are perspective first time buyers in Northern Ireland. We found a new build we loved, spoke to a mortgage broker, agreement in principle and reserved the plot. Buzzing. Move in date Feb 2022.
+
+We are now less then 4 months out and need to apply for the mortgage proper. Submitted everything and put in our application. Was agreed in principle, checks ongoing and I get a call from our advisor..
+
+He informed me that there is a 'default' on my credit report and as a result, no lender will take the risk. For context, I purchased goods from Littlewoods back in 2015 and paid it back, or so I believed. Turns out there was £53 outstanding which I was not aware of.
+
+Now during this time I moved home to the Republic of Ireland for over a year and was not aware that this was outstanding or received no communication regarding this. I eventually moved back to Northern Ireland and have been here since.
+
+Nearly 5 years ago, I got a call from a company about this outstanding balance which surprised me and repayed the balance immediately. Since then, no further or prior default and okay credit report marked as 'low risk'.
+
+Now I'm in a situation where I have been told the lenders will not take me forward based on this. My partner cannot afford the mortgage value on her own. We are due to be moving into to house in Feb which now looks like we will be unable to get. All because I missed a balance of £53 years ago which I was not aware of.
+
+I feel utterly useless and horrible that I have messed this up for both of us. I have disputed the 'default' with the lender to be removed but there is no guarantee.
+
+Can anyone please help or give advice. I feel lost and want to do everything in my power to put things right for her. The thought and shame of having to tell people..
+I knew the weeks leading up to the election were typically volatile, but not like this...  A few hours after he shutdown negotiations, he is now making demands to pass a $25B package for airlines and another round of $1.2K.  Keep your hands/portfolios steady.
+
+[https://www.washingtonpost.com/us-policy/2020/10/07/trump-congress-stimulus-checks/](https://www.washingtonpost.com/us-policy/2020/10/07/trump-congress-stimulus-checks/)
+My dad(50M) and I(25M) recently got a joint mortgage together. We are the only ones working full-time. We each pay half of the mortgage payment every month.
+
+Now I want to move out (for personal reasons) and rent a flat in a different city.
+
+I've thought of some options:
+
+1. Move out and keep paying the mortgage. But this will make money tighter with paying my new rent.
+2. Take my name off the mortgage completely. But no one else is working full-time so I can't put anyone else on the mortgage instead.
+3. Wait a few years until a sibling gets a full-time job and replaces me on the mortgage. But I want to move out asap.
+
+Are any of these options viable or am I stuck with my parents for the next 2 decades?
+
+Is there an option I'm missing?
+
+**EDIT 1** Answers to some common questions:
+
+* My dad wanted a bigger house so he could keep the family together.
+* I was encouraged to help my dad to get a mortgage as he couldn't afford it on his own.
+* He won't be able to pay the full monthly mortgage payment on his own.
+* My mum is a housewife and works part-time (sometimes).
+* My dad and I are joints tenants, according to solicitor's paperwork, so we have equal rights to the house and it will become mine if he dies, regardless of his will.
+* The mortgage is fixed for 5 years so I will be costly to change it.
+* I plan to move to another city and start off by flat/house sharing. I will also have better opportunities to get a higher salary there.
+
+**EDIT 2** List of suggested options from comments:
+
+* Talk to my dad (& family), have a calm conversation and plan something together.
+* We sell the house, with or without going to court, and I take 50%. Dad then buys a smaller house and my family moves there. I find a new place by myself.
+* Switch to interest-only mortgage. So monthly payments will be lower. But I'll have to deal with the house (most likely sell it) after the mortgage ends.
+* Increase incomes:
+   * I could get a job in the new city. They generally pay more.
+   * Dad could try to get a better job.
+   * Rent out my room (not the whole house) to a lodger. This will help to pay the mortgage or my new rent.
+* Increase dad's payments and decrease mine when I move out. Maybe he can afford the payments.
+* Split my new rent 50/50 with dad while keeping the mortgage at 50/50.
+* Have family pay me 50% rent for living in my share of the house.
+* Don't pass on the problem to my sibling. I don't want to pressure them into making the same mistake I did. Instead help them to open an LISA and have a better future for themselves.
+
+Finally, I've learnt a lot from my expensive mistake. Please don't make the same one!
+Guten Tag to this global band of Apes! 👋🦍
+
+You all must know by now that low volume jacks my tits.
+Of course, yesterday's volume alone had me excited.
+When combined with a 4% price increase, an incredible quantity of shares becoming available to borrow, and continued DRS...
+
+Apes, the rocket is fueled and ready for liftoff.
+
+And that wasn't even the big news of the day.
+The big news was what the Bank of England had to do to prevent pension funds from insolvency.
+While such moves are expected of a central bank in times of crisis, they are clear indications that the dominos are ready to fall.
+Yesterday was the English pension funds, but what will it be today?
+The SHFs have managed to pass some of their risky moves onto other such entities, but there is no way for them to close their short positions without buying the shares.
+
+Some institution will be the first to fall, and it certainly isn't going to be GameStop.
+
+Today is Thursday, September 29th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$26.24 / 27,43 €**  *(volume: 3301)*
+- 🟩 115 minutes in: $26.23 / 27,42 €  *(volume: 3241)*
+- 🟥 110 minutes in: $26.21 / 27,40 €  *(volume: 2493)*
+- 🟩 105 minutes in: $26.25 / 27,45 €  *(volume: 2293)*
+- 🟥 100 minutes in: $26.21 / 27,40 €  *(volume: 2293)*
+- 🟥 95 minutes in: $26.23 / 27,42 €  *(volume: 2293)*
+- 🟥 90 minutes in: $26.25 / 27,44 €  *(volume: 2291)*
+- 🟥 85 minutes in: $26.28 / 27,48 €  *(volume: 2128)*
+- 🟩 80 minutes in: $26.30 / 27,50 €  *(volume: 1336)*
+- 🟥 75 minutes in: $26.27 / 27,47 €  *(volume: 1282)*
+- 🟩 70 minutes in: $26.44 / 27,65 €  *(volume: 1252)*
+- 🟥 65 minutes in: $26.43 / 27,63 €  *(volume: 1252)*
+- ⬜ 60 minutes in: $26.80 / 28,02 €  *(volume: 1148)*
+- 🟩 55 minutes in: $26.80 / 28,02 €  *(volume: 1148)*
+- 🟥 50 minutes in: $26.75 / 27,97 €  *(volume: 1147)*
+- 🟩 45 minutes in: $26.89 / 28,12 €  *(volume: 783)*
+- 🟩 40 minutes in: $26.86 / 28,08 €  *(volume: 783)*
+- 🟥 35 minutes in: $26.83 / 28,05 €  *(volume: 783)*
+- 🟩 30 minutes in: $26.84 / 28,06 €  *(volume: 783)*
+- 🟩 25 minutes in: $26.84 / 28,06 €  *(volume: 783)*
+- 🟥 20 minutes in: $26.81 / 28,03 €  *(volume: 683)*
+- 🟥 15 minutes in: $26.83 / 28,05 €  *(volume: 639)*
+- 🟥 10 minutes in: $26.88 / 28,11 €  *(volume: 109)*
+- 🟥 5 minutes in: $26.92 / 28,14 €  *(volume: 109)*
+- 🟥 0 minutes in: $26.96 / 28,18 €  *(volume: 5)*
+- 🟩 US close price: $27.31 / 28,55 €   *($27.30 / 28,54 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 0.9565. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I use Vanguard for my Roth and Robinhood for general investing. I want to move away from Robinhood and into another brokerage. 
+
+Which do you guys use and recommend?
+
+I searched past threads and the latest thread was 2 years ago so figured this would be helpful.
+Shout out to the guy that listed TAWNF last week. 
+
+It is a Thai Airlines penny stock I bought in at $.20 now just under .40. 
+
+It briefly hit $5 in March (I have no clue why)   
+
+
+There is a big vote on the 19th so I expect a run up between now and then, in the meantime this is an appreciation post for the man whose stock is single handed carrying my portfolio to green. 
+
+BTW this is not investment advice. I am not a financial advisor. And I know very little about this stock. Just giving credit to PennyStocks for helping me stay green.  
+
+
+Here is an article on the current situation:
+
+https://drpgazette.com/2021/05/16/will-thai-airways-international-otcmktstawnf-recover/
+
+
+Am I overly optimistic if I hope for $2?
+
+Edit: link to original post- https://www.reddit.com/r/pennystocks/comments/n9zizo/thai_airways_international_tawnf_meeting_tomorrow/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+With many discussions on possible tax rises I found this interesting. It's from the FT Adviser and I think it is not paywalled: https://www.ftadviser.com/your-industry/2021/02/03/genuinely-surprising-if-uk-avoids-tax-rises/?page=1
+
+
+Of relevance:
+
+
+*Although the experts were split on the eventual need for an increase in taxes, they were united on the fact these were unlikely to occur in the March budget, instead suggesting the chancellor would focus on the immediate issues surrounding coronavirus support.*
+
+*Torsten Bell, chief executive of the Resolution Foundation, said: “It is clear the focus will end up being about taking the decisions that are outstanding regarding the final phase of support for households and firms — so universal credit and the furlough scheme, and what to do about loans to firms.*
+
+*“In practice, even if the rhetoric is focused on the long-term, really this will be a budget for the next five months.”*
+
+*Mr Johnson [IFS] agreed, adding that Rishi Sunak was also likely to focus on supporting the labour market for a world that moves on from restrictions, whether that be bonus schemes for returning to work, additional training or green investments.*
+(USA) Do any of you guys incorporate your trading business?
+
+So I’m really just trying to understand if it is worth consulting a lawyer about incorporating into some sort of business to legally pay less taxes on my profits. 
+
+I feel like whenever you ask a lawyer if you may require their services, they will always convince you to use their services so I am asking Reddit first and am not expecting actual legal or financial expertise.
+
+If I do make a business out of this, I’d have no employees, a single home-office, and use only my own money, but my wife could be a signer if needed/advantageous. 
+
+Ive figured, the MOST: I’d spend on startup would be $10,000 for a trading station/office furniture. Maybe I’d have some working lunches in front of the screen, I’d need cable/internet and another paid subscription or two- MAX: $500/month in business expenses. I’d maybe take up 10% of the floor space in my home doing this business.
+
+With these lower end costs, almost zero liability risks(no employees, no customers, no products), is there any real monetary advantage to incorporating my “trading business”, or would I just be doling out my profits to some professional so they can help me waste my time more litigiously??
+
+Do any full time traders incorporate?
+I searched on reddit but this hasn't been discussed much....    many of us have to pay taxes on capital gains from trading stocks and/or fx, and one way to save money on taxes is to set up an offshore company in a tax haven country and open a brokerage account using that business name.   in theory it's quite straight forward and setting up an offshore company doesn't cost that much considering how much taxes you ultimately save.  How many of you use an offshore entity to pay zero tax? or is this topic prohibited on here?
+
+​
+
+EDIT:   Not everything discussed here may not be applicable to a US citizen
+
+Important: I'm not 100% sure but looks like even if you set up an IBC in a tax haven jurisdiction such as Belize, most licensed brokers incl. IRBK refuse to accept an IBC these days. However, if you're not a US citizen/resident, registering a Wyoming LLC may be a good alternative to save taxes because to non-us citizens/residents, the US may be the ultimate tax haven because under the FATCA the US only takes and lacks in reciprocity, and the US does not participate in CRS. That's not to guarantee that the US will refuse to hand over your info to your country's tax authority upon request. (e.g., Finland requested the US for info in the past).  If you can't relocate to a tax haven, as of this writing, you can still set up a company in UAE/get residency for around USD20k. Local banks don't have to disclose your info under the CRS scheme because you will have residency in UAE and considered a UAE entity, but you have to go to UAE to open bank accounts and visit there every 6 month to maintain residency.
+I’ve done some research (i.e., internet digging) and Excel modeling and *think* I have the “right” answer here.
+
+Questions: When is the best / most optimal time to exercise employer stock options? For those who have experience, how did you approach the decision?
+
+From what I can tell in what I’ve read and tried to model out, it’s best to wait until close to the end of expiration (or when your LT view of the company’s prospects changes) to exercise options. While you are taking more appreciation as ST ordinary income vs. LTCG, unless you are going to pay for the options and tax hit with your own cash upon exercise, that is, not net settle, you come out much better doing this. 
+
+Humor me with these assumptions:
+
+*Stock price is higher at vest than grant date (I realize this is a big assumption)
+
+*Stock price is higher at sell date than vest date (I realize this a HUGE assumption)
+
+*ST ordinary income tax rate is higher than LTCG tax rate
+
+*You net settle to cover strike price and taxes upon exercise (interestingly, if you don’t net settle when you exercise, it is more tax efficient to exercise options immediately, so that future price appreciation converts to LTCG, ignoring TV of money...however, then you have tied up your cash in employer stock and also lost the benefit of options)
+
+[ignore concepts like asset concentration, a bird in the hand’s worth two in the bush, etc.]
+
+EDIT: these are non-qualified options, not ISOs
+How do you experienced investors reconcile these two pieces of advice.  It feels to me they are contradictory, in that the first advocates waiting for corrections to buy while the latter advocates getting your money in right away.  And if you follow the second, you wouldn't really have money available to buy during downturns.
+
+Now, I'm not saying that what we've seen over the last couple weeks and months is really 'Blood in the Streets', maybe more like a bad paper cut. But the contradiction still bothers me.  Thoughts?
+ 
+
+I have been expecting my new office chair, a Herman Miller Embody ($1600.00 after taxes). this morning, I received a text from fed-ex letting my know that my package was delivered and signed for by none-other than myself. The package never arrived at my home, and I never signed for a damn thing.
+
+I paid for the package with my checking account, but the charge is still pending. Should I reach out to my bank and put the charge on hold until I receive the package in acceptable condition? I'm not really sure how to protect myself here.
+
+Thanks!
+
+# Edit 1: I've already reached out to FedEx and started a trace on the package.
+
+# Edit 2: The person who received my package found me on facebook and has volunteered to bring it to me. I proposed that I come get it myself, but they said it probably wouldn't fit in my car (camry). All is well.
+This applies to anyone who is looking for information on a strategy they want to know more about.
+
+PLEASE beware of any video on youtube saying "make x amount of dollars in x amount of time!!"
+
+While these videos usually have some good information, they also typically omit important details and do not properly address risk. I'm not saying to avoid them entirely, but to go in with a critical mind. 
+
+I personally love getting educated via the options industry council (OIC) as their content is much more objective in my opinion. 
+
+Please feel free to share your favorite educational source!
+JetBlue tender offer is $30/share. Trading today at 23.46, so the tender offer represents a premium of $6.54. Buy and tender shares. Protect the downside if deal falls apart protect with long puts. 7/1/2021 ATM stike is $1.21. 12/16/22 22.5 is mid $2.70. If merger goes through you get the premium minus what you paid for the put. If it falls apart the put hopefully prints. Spirit was \~16 when the merger news started happening. What am I missing?
+Over the last 2 - 3 weeks I've day by day built up fairly large short call positions.  I have these across multiple different stocks. My main positions are in MSFT, PLTR and SPY. 
+
+​
+
+As the market has been rising I've sold ITM calls on SPY and PLTR.  Shorting the 400 strike on SPX and the 22 strike on PLTR.  I've also bought some put options and calls in the VIX. Because when I make bets based on vega I want to be paid for the risk I take if I am right. And if I am right, those bets will pay off really well. 
+
+​
+
+# Why I think the SPX short makes sense.
+
+​
+
+People are calling me a perma bear because I've been selling into moves for 3 week (Most of the thing I sold into are down for 3 weeks, like PLTR, but people tend to focus on the few I am losing in - so let's talk about these) - and at this point I don't really care about perma bulls calling me a perma bear. In 2019 I got a lot of shit for being a bear. When I bought the low of March they called me lucky.  I'm used to it. 
+
+​
+
+But we've had a drop every single year now for the last 3 years. They used to come every 5 years.  The tails in the market have been fattening since 2019. To me this means the edge on selling puts has decreased since then. A lot of money has been made on the buyers side of these options if they built up positions at the right time.  So to bet on a drop isn't silly. At all. 
+
+https://preview.redd.it/pz07dss8ics61.png?width=1754&format=png&auto=webp&s=89b871106b480f2330ad1b09444d2a8e9970772a
+
+Using Bollinger bands to gain some insight into where we'd be if looking at mean reversion strategies we're very extended to the upside.  And it does not matter if you don't think charting works, as an options seller standard deviations are important. And this is just a visual of the SD. 
+
+https://preview.redd.it/k6ig32htics61.png?width=1761&format=png&auto=webp&s=9396c00e2455d482514e7bd5c4f677d13e0dc8ad
+
+A vast majority of the time when this heads into the upper bands it comes back to retest the middle or lower ones.  And usually this comes in the form of short term capitulation. 
+
+https://preview.redd.it/vc3uxev2jcs61.png?width=1761&format=png&auto=webp&s=9cb939f411639f9d0c648d5d207c7fae8fc45e6f
+
+Price can pin to an upper band for a while but rarely for more than 10 candles. We have a lot on there already and to me it makes perfect fucking sense to sell the 400 calls here and sell more of them each time the market is up (And on Friday I stopped because SPX hit 4130 and that's where I sized up my position to a full position. Now I'll wait and see what happens).  
+
+​
+
+SPX has hit a seriously long term trendline.  People often say these do not matter and I should use logarithmic charts. But to this day I've never been shown results better than these charts are getting me. And I do not follow the rhetoric of people if it does not come with results. Lot of people talk about the markets. Most lose in them. 
+
+I've added in another trendline from the same period to show what happened when we hit this in 2020. 
+
+https://preview.redd.it/9oa7nd0pjcs61.png?width=1763&format=png&auto=webp&s=de1e3310c0ec4f002eb9c605c7b91b3827e06e53
+
+"Works great in hindsight" - Yeah. And worked great in February 2020 planning, too. 
+
+https://preview.redd.it/i3wjm9j6kcs61.png?width=1786&format=png&auto=webp&s=07d7088bc59496e021651b50e35f8cc0af904843
+
+My trade would be from the high to low in  GOOG.  
+
+https://preview.redd.it/yqnewnxbkcs61.png?width=1745&format=png&auto=webp&s=e916e81bf7dffaabc0af71d811f5cf51a9cd4b29
+
+On a mean reversion basis, we've went up close to 100% over 12 months.  My trades bet on a reversion of 2 - 3%.  I hate when people use the word "Safe" for trading but if anything is safe it's betting something that has went up 20\* what it's average is can come down 2 - 3%. Seriously. My odds of not seeing 5% correction in the next 3 months if very small. 
+
+​
+
+Fib retracement levels are useful. And a lot of people say they are not but a lot of us make a living from these levels.  I'd respectfully suggest you stop shouting at us about what works and linking us to papers written by non traders and ask us some questions to see what we know Dr Labcoat might not have. After all, none of us are paid to write papers.  
+
+And since fib levels are useful I know it's quite likely if there's a shallow dip in SPX it's probably going to be to about the 76 level.  [Every major crash](https://www.reddit.com/user/HoleyProfit/comments/m3e1k4/options_portfolio_to_benefit_from_a_downmarket/) apart from the Great Depression has stopped on this level. Going back over 100 years. It's pretty fucking useful. 
+
+https://preview.redd.it/hwurw409lcs61.png?width=1754&format=png&auto=webp&s=d0977151d1998294aca396c51551e3e9fa17d956
+
+That gives me so much scope to buy back my 400 calls in the 390 area (And be front running the support) and if that move happens the same as the previous dips after March (Usually 100+ point days) my puts will do nicely also.
+I sold CCs for CRSR July 16, 21 with a strike at $32.50.  I must admit that I lost faith in the stock and I was thinking that $32.50 I was ready to sell but suddenly, you have certainly experienced it a few times, the stock goes up to reach $34 I was losing theoretically, at that time, $1.50 buy share and I didn't want to let them go at $32.50 anymore…. The point is, I didn't wait and rolled to $35 on Aug 20, 2021 for a small credit of $ 0.30(my emotions did…). My question is: should I have waited until the last minute to roll?
+Tell me why I wouldn’t accumulate as many contracts as possible on stocks / etfs I like and sell covered calls (Robinhood - 95% chance of profit and higher). Use the premiums to purchase underlying… rinse and repeat until premiums cover living expenses.
+
+Thoughts?
+*Not a troll*
+
+After reviewing all major strategies and reading some backtests I've decided the easiest/safest/most profitable investing strategy is to sell far OTM puts on the ES/E-mini S&P500.
+
+I'm starting with my savings and aiming to collect about 5-10% worth of NAV every 60-90 days. Far OTM puts around 12-15 delta only. Trades stopped at 300%, profits taken at 75%.
+
+Using TDA but open to other broker suggestions - I've heard Tradestation is better for custom strategies? 
+
+What do you think? Is this too risky?
+
+Update: I will add some hedges to the trade at the 2 Delta, same exp, spending 10-20% of the credit received. Total short premium now 6% of NAV including hedges, both same DTE. Or, instead of buying long put hedges, I might just set a sell stop order to trigger and sell ES contracts when the market drops 10% so that I will at least be somewhat Delta neutral if the market tanks unexpectedly. 
+
+Thanks and welcome any more suggestions...
+The Bank of Israel is trying out Ethereum’s technology in a recently launched internal digital shekel trial, a spokesman said.
+
+In May, the central bank issued a report concluding that the digital payment system could have a positive impact on the economy by simplifying payment processes while providing security to both parties in a transaction.
+
+The bank has also put out a call for smart application ideas that could run on the digital infrastructure.
+
+Monetary authorities from Sweden to China are working on their own digital currencies as the dwindling use of notes and coins threatens to upend traditional payment methods. The emergence of cryptocurrencies such as Bitcoin has added to pressure on central banks to ensure they have a viable alternative before unregulated payment forms take over.
+
+Ethereum was the first blockchain to host fully functioning computer programs known as smart contracts that allow users to create new cryptocurrencies.
+
+​
+
+Source: [https://www.bloomberg.com/news/articles/2021-06-23/bank-of-israel-to-use-ethereum-tech-for-digital-shekel-globes](https://www.bloomberg.com/news/articles/2021-06-23/bank-of-israel-to-use-ethereum-tech-for-digital-shekel-globes)
+Hi and thanks for reading.  
+I have small income of $2356 per month from my new job at a nonprofit. I signed up for PSLF and IBR for my student loans $65,000 due Jan 2021. Approximately $150 a month for my student loan.  
+
+I have two credit cards from being disabled, unemployed, homeless, and in grad school for one year. I’m making the minimum payments. I have $400 in my savings account. My discover card is $6970 and I’m paying $75 a month on it. Should I start paying $400 a month on Discover to eliminate it so I can focus on my higher credit card sent to collections with over $9k I’m making payments on that one for $88.15 a month? 
+
+I’ve managed to get my rent to $325 a month and I do have other expenses. I made a budget and I have about $1200 remaining for these expenses. 
+  
+I appreciate your advice. Thanks for reading this!  
+  
+Edit: Discover is awesome and they’re going to let me do 50% lump sum payment. They even have a matching program where if I pay $500 they’ll match. I’m going to save up and do it once this year and in January. So I’ll be paying off $2,447.50 and making payments of $410 a month for 6 months. 
+
+The debt collector was a bitch and wouldn’t tell me what the lump sum payment could be. She said I have to suggest it, she’ll get it approved, and then I have 30 days to pay. I called my bank who owns the debt and they said to talk to another debt collector since she’s wrong.
+So I separated from my partner last year and he went off the deep end (addiction issues) and hasn't financially contributed. I have struggled to maintain the mortgage myself as I have a small baby and her childcare costs are crippling.
+
+I do now have a solicitor so I am hoping things between me and ex will be resolved soon, but its a very slow process when you are working with someone who is has lost mental capacity.
+
+My mortgage company completely refused any payment holidays or payment plans. At one point they were calling me 3 times a day but couldn't actually help me when I spoke to them. I sent them the police reports showing I was a victim of domestic abuse but they really didn't care.
+
+I raised a complaint and they closed it and found themselves not at fault. Is it worth contacting the ombudsmen?
+“How are you going to spend your Christmas bonus?”
+“Why are you trying to find a good used car, why don’t you just buy a new car?”
+
+Before I learned the excruciating verbal exchange that would ensue, I would answer questions like these by mentioning financial independence. The most common reaction was, “Why would you want to retire? What would you do all day?”
+
+What would I do all day? Really? Visit family and friends, play video games, cook, exercise, read books, watch movies. You know, all the things you do on the weekend? You *do* look forward to the weekend, don’t you? This question always leaves  me confused. Why do so many people see a long weekend or vacation as a treat but a never-ending vacation as something unfathomable?
+
+I definitely understand that more of a good thing is not necessarily better. I look forward to dessert but can't imagine never ending cheesecake (never ending coffee ice cream? maybe..). I would love a vacation to Europe but not a permanent relocation. But, isn't the freedom to do whatever you please fundamentally different from an experience or substance that temporarily stimulates your reward system? I doubt you can find a kid who would object to buying a never ending summer vacation. When does the idea of not spending all your time at a job transition from normal to insanity?
+
+After telling people a few things I’d spend my time doing, the next objections start, “but, I love my job…”, “how would I be personally satisfied?”
+
+What does *your* love for *your* job have to do with my desire to retire early? Why is a statement of how I choose to spend my money so often construed as advice? You love your job? Great. I don't mind my job either, I can just imagine a bunch of other things I’d enjoy even more. To me, the value of the freedom to choose what I do is greater than the value of any consumer goods I could be buying.
+
+You want to feel personally satisfied? Help people. Get involved in your community. Teach children. Lead a volunteer project. Write a song. Become a great dancer. Invent electronics. Why is fiddling with spreadsheet and creating powerpoint presentations the preferred method? Ask a kid, “Who are you?” “I’m Justin.” “I’m Jessica.” Ask an adult. “Who are you?” “I'm a nurse.” “I'm an architect.” “I'm an accountant”. When does that transition happen? I’m left trying to figure out at what age I was supposed to have transformed from a person into a job.
+
+How do you talk about FI with people without ending up in this dance? Is it even possible? Do you try?
+My realtor has sold me on a few different multi family homes before but I’m a little out of my depth on this new opportunity he pitched me and need some advice. 
+
+He recently closed a deal in a superb neighborhood for 10 duplexes (tenant occupied) he put into his name. He says that each lot in the deal is approved by the township to be transformed into either a 4plex or 6plex and he also has architectural approval for everything. 
+
+In short, as one of his customers he’d like to sell me a lot, hire the contractors to turn the duplex into a larger property, and flip it or I would add it to my collection of rentals. 
+
+I guess what is really bothering me is not knowing the right questions to ask. Do I ask for proof of the town approval and architectural approval? Aside from putting up the money is it a challenge to add extensions to a property? What red flags do I look for? 
+
+I have never been burned by this person in the past and have invested significantly with them but this would likely turn into the largest undertaking at this point in my real estate career.
+Jun-21	= 0.8%
+
+Sep-21 = 0.8%
+
+Dec-21	 = 1.3%
+
+Mar-22	 = 2.1%	
+
+=5.1%
+
+Chances of getting readings above 1.5% or even 2% for the next 2 quarters are highly likely. 
+
+That would means inflation hitting somewhere between 6.4% to 7.4%
+
+What people think? Could it hit 8-9%? By the end of the year? RBA is already way behind the curve and clueless
+This is the only thing I have to say to "experts" who are now giving their "expert opinions" on Bitcoin.
+
+I remember these same experts "warning" people against Bitcoin in April. If you failed to anticipate Bitcoin's success, why should I pay attention to your prediction of its future?
+**Let us** **begin** by assuming nominal 1 Day charting periods on the GameStop stock chart.
+
+Now, let us review what volume-weighted average price is (note that an intra-period assessment of average price is typically applied using the low, high, and closing price (in error).
+
+​
+
+https://preview.redd.it/m56us7hkhm981.png?width=695&format=png&auto=webp&s=1537d3c872448b391636dd12328afbde572be0b0
+
+Let us assume that a 7-day rundown in volume and price is terminated by a discovered price support after such a rundown.  Let us create a term called Volume Weighted Price Support, where we analyze the volume-weighted price over the day that preceded the weeklong rundown.
+
+​
+
+https://preview.redd.it/cankb29mhm981.png?width=975&format=png&auto=webp&s=b346d847a422ad9c72cd8543d6beb3691d66dc28
+
+Let us also assume that a weeklong runup in volume and price is terminated at time T 0 by a new price resistance after such a runup.  Let us create a term called Volume Weighted Price Resistance, where we analyze the volume-weighted price over the day that preceded the weeklong rundown.
+
+​
+
+https://preview.redd.it/6b25r8cnhm981.png?width=946&format=png&auto=webp&s=d502128eb20bc5d9f66ddf84a340de10146e3ba7
+
+First, let us seek the previous price resistance from the chart:
+
+​
+
+[GameStop's Previous Resistance \(albeit forced\) was $508.04 in Pre-Market on 28JAN2021](https://preview.redd.it/5ygc122iim981.png?width=900&format=png&auto=webp&s=278d95b760287a049bfc791d73f355e963b0ea26)
+
+Now, let us seek a VWPR from 8 to 7 business days (occurred on January 19th):  $40.5 Average on (VWPR 8 to 7 days) across total traded Price \* Volume (PV) of $3,026,160,000 on that day.
+
+Further, let us use this historical data (of volumetrically-reflected value) to make a future prediction about a new price resistance (final divided by initial as a weighting coefficient) and applied to the same expectations of PV.
+
+​
+
+https://preview.redd.it/x22sunsphm981.png?width=998&format=png&auto=webp&s=2174600e2094df8467d150ede6b3e5842d549aa1
+
+However, since the previous VWPR from T0 minus {8 to 7 } days of 3,026,160,000 $\*shares is 13.9537x that of the current, "New 1Day PV" of {216,872,100 $\*shares} , then by primary assumption of volumetrically-reflected value in the past being equivalent to volumetrically-reflected value in the future, this new price resistance has a predictive quality only with equally applied reflective price \* volume.  Therefore, we must *divide* this GameStop New Price Resistance by 13.9537 to achieve an equal-value Equivalent Price:
+
+​
+
+https://preview.redd.it/4l93exuqhm981.png?width=759&format=png&auto=webp&s=95de32ade4e0d7185044fcada71b977ac115a682
+
+Note, however that in the case of GameStop's Price Resistance that was set on January 28th in pre-market, at {$508.04 per share} that the true market Price Resistance is *actually unknown*.  **If we assume that the buy button was not removed by brokers**, then we can make a fair assumption that the natural, unimpeded, economic price (based on supply and demand) of {$1,000.00 per share} would have been reached at a minimum.  Thus, it is conservative to assume a factor of 2x in this case:
+
+​
+
+https://preview.redd.it/kv6joldrhm981.png?width=928&format=png&auto=webp&s=5e1a0386b28806c7a57d95c117dd663852e48805
+Heya Tree Lovers!
+
+​
+
+I love trees, I love what they do for our environment, and I love looking at them, I love reading a book under them, and well... lets just say I will do anything to keep them, but we also love crypto and the digital world, so we decided to merge cryptocurrency and tree planting in one.
+
+​
+
+Introducing **GREENTREE**
+
+**-** [**https://www.youtube.com/watch?v=zYCUQAFSgek**](https://www.youtube.com/watch?v=zYCUQAFSgek)
+
+*(Update) Partnership meeting with* [*onetreeplanted.org*](https://onetreeplanted.org/) *on the 13th April! (HUGE NEWS)*
+
+​
+
+The Worlds First Fully Interactive **CLIMATE & ENVIRONMENTAL** Coin - Committed To Bringing Back **Forests/Wildlife/Habitats**
+
+​
+
+**Website:** [www.greentreecoin.com](https://www.safetreecoin.com/)
+
+​
+
+**WHITEPAPER:** the more people who invest into **GREENTREE**, the more **GREENTREE** can use its allocated tokens to **PLANT TREES** and **REVERSE** Deforestation & Cryptocurrency Blockchain Energy Use.
+
+We all know how much energy is used in the crypto space, and its not stopping, we cant stop it, but we can do our part and **JOIN GREENTREE'S** Cause!
+
+So, What makes this easily **THE BEST** investment of 2021? ill start here:
+
+​
+
+***(REFORESTATION PROGRESS) -*** [***https://www.greentreecoin.com/pages/tree-planting-worldwide***](https://www.safetreecoin.com/pages/tree-planting-worldwide)
+
+**1,000 TREES** Planted Over The Last **THREE** Days - **AUSTRALIA / USA / CANADA**
+
+\- **840** Trees Planted In Important Locations The FIRE Ravaged 2020 Australian Bushfires Had Destroyed
+
+\- **100** Trees Planted Within CANADA/QUEBEC Where They Are Needed Most (Aid Natural Habitats)
+
+\- **60** Trees Planted In Oregon USA Where They Are Needed Most
+
+\- [Reforestnow.org.au](https://reforestnow.org.au/)
+
+​
+
+​
+
+***(WALLET DISTRIBUTION) -*** [***https://www.greentreecoin.com/pages/token-usage-alerts***](https://www.safetreecoin.com/pages/token-usage-alerts)
+
+**FIVE** Separate **GREENTREE** Wallets, with specified and allocated **TOKENS** in Each for the following:
+
+Wallet 1 - **\[Natural Disaster Reforestation / Relief Fund\]**
+
+Wallet 2 - **\[Agricultural Reforestation Fund\]**
+
+Wallet 3 - **\[General Tree Planting Allocation Fund\]**
+
+Wallet 4 - **\[GREENTREE Marketing Fund\]**
+
+Wallet 5 - **\[Exchanges & Listings Fund\]**
+
+​
+
+***(Liquidity Locked)***
+
+\- 1st July 2021 (4 Months)
+
+This project is already doing **GREAT** things for the world around them and its **TRULY** a world first in the crypto space.
+
+​
+
+​
+
+**How To Join Our Movement**
+
+\- [https://www.](https://www.safetreecoin.com/pages/how-to-invest)[greentreecoin](https://www.safetreecoin.com/pages/project-whitepaper)[.com/pages/how-to-invest](https://www.safetreecoin.com/pages/how-to-invest)
+
+​
+
+**Pancakeswap Link** \-  [https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xEDA9675DC967052cc5a047E19179E4Df040CB171](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0xEDA9675DC967052cc5a047E19179E4Df040CB171)
+
+(Contract name will be ''safetree'', we have changed names marketing wise due to not wanting to be associated with a ''safe'' coin for the time being.
+
+​
+
+**Roadmap** \- [https://www.greentreecoin.com/pages/project-roadmap](https://www.safetreecoin.com/pages/project-roadmap)
+
+​
+
+**Whitepaper & Tokenomics** \- [https://www.greentreecoin.com/pages/project-whitepaper](https://www.safetreecoin.com/pages/project-whitepaper)
+
+​
+
+**Coingecko.com** \- Applied (In Progress)
+
+**Coinmarketcap.com** \- Applied (In Progress)
+
+​
+
+**Telegram:** [t.me/greentreecoin](https://t.me/greentreecoin) (Daily Updates)
+
+​
+
+**Twitter**: [https://twitter.com/GreenTreeCoin](https://twitter.com/GreenTreeCoin)
+
+​
+
+**Reddit:** [r/greentreecoin](https://www.reddit.com/r/greentreecoin/)
+
+​
+
+**So Why Should You Join Greentree:**
+
+\- 1,000 Trees planted so far - Australia (Bushfire Recovery), Canada, USA
+
+\- **CERTIFIED** by [onetreeplanted.org](https://onetreeplanted.org/) one of the greatest worldwide non-profit 501(c)3 Tree Planting Charities
+
+\- A little community video made [https://youtu.be/zYCUQAFSgek](https://youtu.be/zYCUQAFSgek)
+
+\- Click here to view a certificate from [onetreeplanted.org](https://onetreeplanted.org/) (800 trees planted in Australia)
+
+\- [https://twitter.com/GreenTreeCoin/status/1376337914997526530](https://twitter.com/GreenTreeCoin/status/1376337914997526530)
+
+\- Partnership meeting with [onetreeplanted.org](https://onetreeplanted.org/) on the 13th April! (HUGE NEWS)
+I can't really share this with anyone I know in real life. Through lurking and reading this subreddit,  I did what I could previously only fantasize about. I put the final chunk of $10,000 into my savings account and I am graduating college next month!
+
+ 
+
+Edit: Originally I was on the fence about posting here because from my real life experiences nobody seemed to care about my milestone, I severely underestimated how much support there is within this subreddit and community.  Thank you everyone for the kind words, advice going forward and encouragement!  
+
+Hi,
+
+Just wanted to check for any thoughts on Zumiez Inc (apparel retailler) - I don't live in US so am not familiar with the brand but it shows as quite an attractive value play in my stock screener. It is also currently a Magic Formula stock showing up on [https://www.magicformulainvesting.com/](https://www.magicformulainvesting.com/)
+
+Why this looks complelling is:
+
+\- modest but stable growth over years of c. 5-7%- doubled revenue since 2012
+
+\- strong gross margin of c.30% year on year 
+
+\- strong net profit margin of around 5% - recently 10% 
+
+\- revenue surged on re-opening (likely good Q2 results to be announced early September)
+
+\- most importantly - they have a market cap of $1.1bn but if you substract the cash they hold of $400m, given they have no debt, you get $700m  "adjusted" market cap, giving you a cash adjsuted PE ratio of 7x (as they are expected to make c. $100m in 2023. This large amount of cash suggests they will be able soon to make an acquisition increasing their profits substantially or buy back shares, which for a small cap could have significant upward impact on their price.
+
+For anyone familiar with the brand - do you know any reasons why this is so cheap and what do you think are the prospects for them?
+Hey everyone! I’m a long time buy and hold value/GARP investor who is new to options. 
+
+I know that Ben Graham, who I have read and studied extensively, used to buy big baskets of net net/cigar butt stocks (they were bought for less than asset value and had a “puff or two left”)
+
+Graham would have up to 100 stocks in a basket knowing that many would go to zero or bankrupt but a few would do extremely well and make up most of his returns.
+
+I’m wondering if I can do the same thing with the same expectation (that I’ll take a complete loss on many of them) and basically put together a basket of long, way out of the money call options 6 months to a year out on a large number of undervalued GARP stocks.
+
+I have some “play” money I’m considering trying it with
+Reading some posts on this sub about how wise it is to invest in the S&P500 and seeing a lot of backlash against people explaining that investing in the S&P won't make you rich, I decided to do the math for the period 2010-2022.
+
+So, since 2010 to this day, ***in one of the best decades of the stock market***, the mighty S&P would have grown your $10,000 investment to $35,900 or to $26,150 adjusted for inflation. That is a real ***yearly rate of return of 8.3%***, again, in one of the best periods to invest.
+
+If that 8.3% (inflation-adjusted) makes you happy, that's fine, but I don't see the need to argue with people who are aiming for more and who, most of those here, reach a better return. Personally, I don't see it as an impossible hurdle rate as some of you guys are trying to portray it, just because you don't try to do better.
+$SFM it is a growing grocery chain that offers a farmers market experience with a focus on fresh, healthy foods. The chain is expanding rapidly with targeted unit growth of 10% per year starting in 2022. Like many grocery stores the Company benefited in the most recent fiscal year due to pandemic stockpiling; however, EBITDA growth over the last 3 years has been highest amongst its peers (3-year EBITDA CAGR of ~18%). From a valuation perspective $SFM trades at ~6.2x EBITDA, which is in line with the much larger chain, Kroger ($KR), at ~6.4x EBITDA. In comparison, SFM’s FY’20 EBITDA margin was ~8.1%, which is 260 bps higher than $KR (~5.5% EBITDA margin). Given the runway for growth and strong operating performance, it baffles me that $SFM is trading at a discount to $KR and the fact that the short interest is ~15%. With no stores on the East Coast north of Pennsylvania, my guess is most NYC analysts have never stepped foot in a Sprouts location to see how the grocer sets itself apart. With a high short interest, my view is $SFM has the potential to be a “meme” stock but the fundamentals to support a much higher valuation, particularly in this frothy market. What do you think - can $SFM maintain its margins and rate of growth 🌱?
+What do you guys think about the FB stock? With a DCF price of $280, a forward P/E of 24 and a PEG ratio of 0.9, the company looks fairly undervalued! I think FB has good growth ahead of it, so might be a good company to look at in this expensive market. Check out the full analysis here, let me know your thoughts?  
+[https://www.youtube.com/watch?v=0HCuxHfZpcc&t=5s&ab\_channel=InvestingUntangled](https://www.youtube.com/watch?v=0HCuxHfZpcc&t=5s&ab_channel=InvestingUntangled)
+[https://www.washingtonpost.com/business/2022/01/15/omicron-supply-chain-inflation/](https://www.washingtonpost.com/business/2022/01/15/omicron-supply-chain-inflation/)  
+
+
+Any thoughts? What happened in the short to medium term last time?
+I’ve looked at 2 companies so far, eBay and Comcast. eBay dropped about 10% after earnings because of weak Q2 guidance and analyst downgrades. So, I took a look and what I noticed is that during the pandemic operating margin has increased about 5%. Is that sustainable? I think it’s unlikely. I ran a DCF that incorporated shrinking the margin back to pre-pandemic levels, and the stocks still seems overpriced even after the 10% drop today. Next, I took a look at Comcast’s earnings and I was impressed. Two key things stood out to me: Peacock subscribers (streaming service) subscribers grew nicely, and theme parks reached break even for the second straight quarter if you exclude China Universal (expected to open in 2021) costs. After, running a DCF, I think it’s trading below intrinsic value even after today’s increase. I have to do some more work but I think I will be initiating a position in Comcast.
+What are your thoughts about earnings so far?
+What an amazing community I found, giving me true hope in really scary times. I love you apes! 💎🙌   
+
+PD. In case you are curious, I live in Peru. Elections are up soon, one candidate is extreme left, admires the current Venezuelan government and says they are a good example, while having links to terrorist groups, and the only other choice is the daughter of a dictator that also was the most corrupt president in the history of the country.  
+ 
+So yeah, not good. The GME subreddits have educated me so much in stonks so I can make the best investment of my life but also helped me inmensely in keeping a good mental health recently. Truly an awesome community. Thank you!
+https://clep.collegeboard.org
+
+The CLEP exams are run the CollegeBoard, the same company that does ACTs. Depending on the school’s policy, [can be searched here](https://clep.collegeboard.org/school-policy-search), after passing the test (usually only requires 50-60%) the school will usually give you 4 credits per tests. At a cost of about $85 per test, this is a great alternative for those early generals instead of paying hundreds per credit for the class.
+
+And as I’m sure most of the military knows, you guys get to take them for free!
+I'm so close to my retirement number. In fact before the tech stock crashed a few weeks ago I was at 99%. I could have sold, but you know, didn't. It's fine, I'll get there. 
+
+But man I find working a chore now. You know that feeling right before you're going on vacation? It's like that but much worse. I've been working full time for 20 years, often more than 40 hours/week, and I'm looking forward to a few months off. Obviously this economic climate isn't the best to go looking for work so I want to be sure I won't have to, but if my math is right I won't. I'll be able to take contract and part time things as they come to me, if I want, but not be forced to. I can volunteer more and see my kids more while they're still little
+
+So any advice for waiting out this last stretch? Just be patient? Is this what kids are like leading up to Christmas?
+Just curious whether anyone here put themselves for a mortgage for a property their parents will live in. Contributions will be fully by them (I hope...) and in the end, my deeds say the property will be split among the siblings equally (I agreed to it).
+
+I am 26yo, currently a reasonably high earner (\~£70k/yr), but still with a £36k student loan and £15k of savings. Wondering if anyone else made a move like me? And perhaps continues to take criticism from their parents for not doing more (e.g. contributing towards the mortgage, paying for renovations, etc.)?
+
+I know it's a setback financially, but was happy to do this for their sake (apparently it's also part of my culture haha)
+When I was looking for a house over 2020/21 the RBA was giving confident statements that it would not lift the cash rate for a long time. Looking back, I am confused why the RBA would make such a statement with such confidence?
+
+EDIT: lots of controversy! To curb the comments like "and you believed this!"... I did not believe this, and thus factored a rise into my calculations. There has been some clarifications that the RBA actually said they will keep the cash rate low while inflation remains between 2-3%, which they didn't expect to go up until 2024, and that headlines probably made it seem more like a promise to keep rates down.
+This play is so fucking easy, nobody can mess it up. Literally can not go tits up. We can finish this with two simple steps (three, if you're adventerous):
+
+1. Hold
+2. Buy the dips (if you can)
+3. Hold
+
+Anyone yelling at you "GUAYS GUAYS THIS IS SO IMPORTANT DEADLINE NAO" is a fucking shill. 
+
+THEY ARE ON BORROWED TIME.
+
+We are sitting on our hands blowing bubbles and jerking/jilling off.
+
+We just need to fucking wait and:
+
+1. Hold
+2. Buy the dips (if you can)
+3. Hold
+
+That's literally all there is. Stop falling for signature scams, email shit and whatever else.
+
+There is NO URGENCY in these three stupidly simple steps:
+
+1. Hold
+2. Buy the dips (if you can)
+3. Hold
+
+So, say it with me, one last time, just we know it stuck this time with everyone:
+
+1. Hold
+2. Buy the dips (if you can)
+3. Hold
+
+Nothing urgent about any of it. It's all that is needed. Why do I say 98%? Because if your mom calls you, because she's dying unless you get over there asap and thus stop buying the dips, because you're somewhere else, then THAT is unlikely to be a shill tactic. Though, ask yourself: Hasn't your mom been dead for 15 years!? If the answer is yes: IT'S STILL A SHILL TACTIC.
+
+Relax. Chill. The shills sure aren't.
+
+DISCLAIMER: If you're NOT a shill but find something that needs URGENT attention, it's likely wrong. You're likely wrong. Post it as a question, get input, get eyes on it. Don't throw your terrible interpretation of something out there as fact.
+
+**tl;dr:**
+
+Urgent = Shill
+
+1. Hold
+2. Buy the dips (if you can)
+3. Hold
+I was on furlough unemployment pay because I was a sales associate for a clothing store during the pandemic in Illinois. Now they have reopened the store about 3 weeks ago and told us that they have removed us off furlough, but I receive almost no hours now. The first week they opened I was scheduled two 9-hour shifts (I used to usually work 20-25 hours/week), then the second and this third week I got zero hours. And this upcoming next week I also don’t get scheduled any hours. I submitted my unemployment certification for the first two weeks that work started, it’s biweekly, I listed the hours I got for the first week and the zero hours for the second week, and got $600 instead of $1200 (so they only payed for the second week). I just got something in the mail from ides saying that I may be ineligible for unemployment claims. I thought that if I got severely reduced hours I could still get unemployment? Will I stop getting unemployment, and can I be fined for the last unemployment pay I got?
+I was on furlough unemployment pay because I was a sales associate for a clothing store during the pandemic in Illinois. Now they have reopened the store about 3 weeks ago and told us that they have removed us off furlough, but I receive almost no hours now. The first week they opened I was scheduled two 9-hour shifts (I used to usually work 20-25 hours/week), then the second and this third week I got zero hours. And this upcoming next week I also don’t get scheduled any hours. I submitted my unemployment certification for the first two weeks that work started, it’s biweekly, I listed the hours I got for the first week and the zero hours for the second week, and got $600 instead of $1200 (so they only payed for the second week). I just got something in the mail from ides saying that I may be ineligible for unemployment claims. I thought that if I got severely reduced hours I could still get unemployment? Will I stop getting unemployment, and can I be fined for the last unemployment pay I got?
+I wanted to give an update on my situation from a month ago, since I am sure many go through the same process and it may be something that people can learn from.
+
+This was my original question to the sub:
+
+>I have a job that I really like, but I know I'm not getting paid market value. I recently was contacted by a recruiter for a much larger company that seems to be in a "open up the checkbook" path.
+    Assuming I am given an offer, and it is for a considerably larger amount of money, is there a safe way to leverage that into a promotion/raise at my current job? Or is that just asking for trouble down the road? Under what conditions would you do that?
+    For reference, I am well regarded in my current position and all my performance reviews have been very good. My boss has said that she will be pushing for a promotion during the next cycle, which would be well ahead of schedule, but given the raises I have received so far, I know that still won't bring me up to market value.
+
+I did receive an offer from the employer I interviewed for, and it was originally a promotion (from X to Senior X), a 20% increase in salary and eligible for a 10% yearly bonus based on company and department goals (pretty standard for large companies from what I understand).
+
+I pushed back saying that based on my market research and what I brought to the table, I expected a 30% raise (really expecting a 25% raise as a counteroffer), and made it a point to say that I was going to come in ready to bust my ass and show them what a great hire they were making.
+
+Apparently I was convincing, because they offered me a 25% raise, a promotion to Manager and eligibility to a 15% yearly bonus because of the promotion.
+
+At this point, I called a meeting with my current boss and, without telling her I had another offer, made my case for why I deserved a raise (not at market value, drive a lot of value for the company, taking on responsibilities above and beyond my title, etc). My boss then told me that she didn't think it was possible that our VP would consider it *even at our upcoming review period* in a couple of months. Her message was to keep working hard and a*year* from now we could be talking about a promotion.
+
+I gave her a couple of days (just to see if anything developed), and then I called a meeting with her and told her I was putting in my resignation. 
+
+Over the next couple of days, I fielded about 3 different counter offers (in terms of role), and heard a ton about how much they wanted me to stay and how many conversations have been had about how good of an employee I was. The counteroffers almost matched all the terms of the new offer, but I declined them all.
+
+Advice: don't fall for any of it. For two reasons:
+
+1. At this point, they may just be telling you whatever you want to hear because they want you to stay. Although I don't think they'd retain me and fire me within the year (which could certainly be the case for other people), I still think that a desperation move like this is bound to come bite you back in the form of "we already gave you a HUGE promotion, why do you think you deserve another promotion.... ever?".
+
+2. If they valued you so much and thought you were such a great employee, do you really want to work for a company that does *nothing* to keep their best employees around until they threaten to leave?
+
+Looking back, there are two items I would have potentially done different, but this is all depends on the specific situation:
+
+a) I did not play hardball on the negotiations. If I truly wanted to, what I could have done is taken the second offer from my future employer and say "Ok, I think this is a fair offer but I will have to see what my current employer can do in terms of matching", and then play the negotiation game. I didn't want to do this for a couple of reasons, but I do think I could have gotten more money out of the deal had I approached it this way, especially knowing the counteroffers that my current employer was going to make.
+
+b) Regarding my current employer, I would have pushed harder from the beginning to establish what I thought was fair advancement. For the first 2 years, I let my employer take the lead on when I should be considered for promotions. What I learned from that is that you always have to be on the offensive to make sure that your boss understands where you currently sit and where you think you should sit.
+I was hoping for some advice regarding a mortgage application I’m hoping to make.
+
+My mom recently said she’d be interested in helping me buy as a mutual investment with us both named on the mortgage, her neighbors a mortgage broker who’s willing to help us out.
+
+However I’m a bit worried about my bank statement, which they’ll look at at some point. Basically a couple of times in the past month ago Ive paid for one of those online cam girls, I’m worried about the broker seeing this and potentially passing on this info to my mother; ridiculous thing to worry about at 30 but there we go.
+
+The transaction reads:awork.co.uk
+
+I’m wondering if there’s a way to remove this transaction or change the name?
+
+Is this likely to come up? It’s not a lot of money about £10 3 or 4 times in the past 3 months.
+http://www.marketwatch.com/story/theres-talk-of-capping-401k-contributions-at-2400-per-year-2017-10-20
+
+This is probably going to come off as a bit partisan, but do Republicans seem hell bent on hurting the younger generation? Lowering 401(k) contribution maximums and blowing up the deficit (even more)? Really?
+
+
+So, 5 years ago (to the day!), after reading and using this subreddit I decided to open an investing account. I was mid-20s. 
+
+My account started with £1,250. Each month I contributed £100. As a few years went by, I increased the monthly contribution to £150, then further, to now, where it sits at £215. I did also add an extra £1000 at one point. 
+
+[Current portfolio](https://imgur.com/5F5LcWR)
+
+I don't regularly check the account, I just passively invest and have a look every few months when I remember. 
+
+In recent months the % return has come down a fair bit and have lost overall value. This is part of the risk with investing but my aim to maintain this current vehicle of investing for many years to come. 
+
+I thought this post might be helpful for people, who are in a similar position to what I was, years go, and give them a real life example and set expectations. 
+
+Looking forward, I'm happy to hear, what I should've put it in, (S&P500?) what people would do with it now, and thoughts on current return?
+
+What does the crowd think of the Vanguard LS100?
+
+Any further advice or thoughts, are always appreciated.
+Here where I'm at:
+
+* 30 years old.
+* $85k base salary with 15% bonus paid every April (total comes in around $98k/year).
+* Expenses are $20k/year, including everything (rent/utilities, food, insurance).
+* $242k in savings with about $100k in non-retirement accounts for future car/house use.
+* No debt at all. Only obligations are $500 in rent/utilities. $5k emergency fund.
+
+Up until 2 years ago, I only made $38/year. I moved companies to make $65k, then got a promotion to get to $85k. Since then, I've had no lifestyle changes.
+
+I should also add my main hobby is cars. I really love autocrossing (racing), going to car shows, and taking road trips. I currently drive a 2004 WRX, which only gets driven one day a week at best (I take public transportation), usually to some car event. I've had the car 6 years and it has 140k miles, with rust forming. I have my eyes on a 2017 BRZ, going for about $26k + taxes and fees. I could probably sell the WRX for $8k. I'd have to drop $20k of savings on the new car or finance it at around 3% and keep the $20k to hopefully make more than 3% on it.
+
+I'm REALLY passionate and geared to hit FI as soon as possible. I know by using $20k right now, it would set me back. On the other hand, I REALLY love cars and I'm fairly certain this new car would bring me a ton of joy. It's a car I've followed the development for when it was announced and never thought I'd have the chance to buy one within the next 10 years.
+
+Part of my brain says it's a measly $20k, everyone buys new cars, it'll hold it's value decently. Then the other half is dreading seeing the $20k reduction in my portfolio and knowing I'm setting myself back a few years from an early retirement. I see other people I race and hang out with dropping $50k+ on new cars without even thinking.
+
+**Serious question: How do any of you justify new major purchases?** I've never bought anything larger than $8k before for the previous car and that was with a $4k sale on the previous car. I know if I can't make a net $20k purchase I could never think of buying a house for $200k.
+I would rather trade ETFs on the advice of r/investing than see that cancer stricken Jeff Bezos looking tadpole one more time. 
+I can’t get a post through without adding more text so here is all my text. 
+Positions: $LIFE 2020p 4/20
+TLDR get rid of Caillou
+I just wanted to share my story so that others can avoid the same issue I'm having.
+
+Several weeks ago, I purchased a prepaid credit card from Target so that I could link it to one of those places that are very difficult to cancel.
+
+Just after I left the store, I tried the purchase and the card didn't work. It was empty. I went back inside and was told there was nothing they could do. 
+
+I tried calling target corporate, but they told me, in their exact words, "not their problem." Credit cards are not required to be warrantied so they don't. They told me to call the company that serviced the card but, of course, they claim they never got the money from Target. 
+
+Here is the kicker. Because I purchased this on my red card, the target branded card, there is no way to challenge the charge. Target gets sole approval for if charges are valid or not, they investigated themselves and found (surprise, surprise) they did nothing wrong and the fact that the card doesn't work is normal. 
+
+Ultimately, I have a bit of plastic I paid 100 dollars for that does nothing, and a company that refuses to take any responsibility for the products they sell. 
+
+In the end, this is a 100 dollar lesson for me to avoid using the red card, and that Target doesn't deserve the image they have. Hopefully this post will let you learn the same lesson for free.
+
+
+---------------------------
+
+Edit/Update:
+
+My goal with this post was to try and help others. I have come to terms that the $100 is pretty much gone. Before posting this, I had spent close to 30 hours and multiple gallons of gasoline going to various targets and calling their help line. As someone who works nearly 60 hours a week, I've reached the point where I've decided that losing more weekends trying to resolve this isn't worth the money I could get back. I hate letting a big corporation bully me into this position as much as anyone else on Reddit, but at a certain point I have to call it. I've had Capital One save me from numerous companies trying to take advantage of me, but I decided to trade the security they offer to save a few pennies on a target red card and paid the price. 
+
+That being said, several people have asked for an update or additional details, so here goes.
+
+On escalation. I have tried to move up the chain several times. The Target reps at the non-U.S. call centers are all very nice but ultimately powerless to do anything. The Target reps in Minnesota are extremely hostile. After asking to be elevated 3 times, I was told that it was "not their problem" that I was wasting their time, and was hung up on. It takes about an hour and a half to get to someone in the U.S., so continuing to try after being hung up on is a huge time sink. It's the right thing to do to keep trying and fighting the good fight, but I've decided to cut my losses on this and reclaim my weekends.
+
+On social media. This is a great idea, but unfortunately outside of Reddit I don't have much of a social media presence. I'm not sure that Target will care about me tweeting them when my last tweet was in 2012, and I have 8 followers.
+
+On CFPB (and FTC). While I don't want to go into too much detail here, I actually work with them in a professional capacity as part of my job. The standard response is what u/garlicsinger said in this comment: https://www.reddit.com/r/personalfinance/comments/pcl4cr/a_cautionary_tale_target_the_red_card_and_how_it/hak9n8v?utm_source=share&utm_medium=web2x&context=3 . While they can and often do go above and beyond, since I work with them they will want to avoid the appearance of favoritism. They are so understaffed not everyone can get the special treatment, and elevating my case and not others would throw red flags. This is a risk that comes with my job, but the CFPB is not a real option for me. Obviously, this is very specific to my case and others may find value there that I can't.
+
+On States Attorneys. I didn't mention it in the above post above, but I have already contacted the states attorneys office for both the state I live in and the state the card was purchased (the closest target to me is over the state line). It's been several weeks with no word from either, but if that changes I'll be sure to update further. 
+
+On TD running Target's Red Card. I wasn't aware of this. I plan on emailing them Monday to see if that gets any traction.
+
+On Privacy.com. I should have been using them all along, but I have bought several cards from Target in the past with no issues. It was one of those "it it isn't broke, don't fix it" things. Moving forward I will be certain to do so.
+Before I ask this question, I would like to state my deepest apologies on this community. Im from Malaysia, can FX really makes me a huge difference in income, gradually? I feel some doubts that I shouldnt go into FX because my brother told me some of his friends tried FX, but most of them failed.
+Well ill start with mine first. 
+1 -  I  only trade when i am in a good mood.
+2- I enter a trade only at Major Support and resistence. 
+3- I do not overtrade. Will try to enter 3 times. If it hits SL no more trading for that day. 
+
+Of some very unlikely situations for example you buy with 100000$ leveraged money with a SL on 99500$, and market crashes and you end up selling at 50000$. 
+Ryan Cohen has had SO many opportunities to cash in on the hype. 
+
+Like soooo many. And it’s actually SO reassuring that he hasn’t just caved and done us a “fan service”. I’m also sure that NOT caving and letting one of our theories come true has caused him some fair anxiety. 
+
+Like, this weekend must have been kinda hard for RC if the plan was never to announce a dividend over the weekend. Suddenly, all of Reddit’s expectations went a bit sky high on him…. and he had to decide “do I stick to my path… or play into their wishes…”. 
+
+Sure, he has dangled the carrot from time to time…. GOOD! And we have gobbled that carrot UP. But he has never led us on. We have led OURSELVES on. RC has a plan. And it’s just so great that he is doing this his way… and not ours. 
+
+Kinda makes me feel like Ryan Cohen has something waaaay better planned than what our retarded crayon eating brains can comprehend. 
+
+Let me ask you all: what is the better story…
+
+The story where we EASILY predict Ryan Cohen’s plan and we end up being right?!
+
+Or the story where despite all of our amazing and fun theories… they don’t end up holding a candle to Ryan Cohen’s ultimate end game move and we’re all shocked and jaw dropped when it happens?
+
+I’m here for the long haul. The MOASS will happen. And Ryan Cohen is the most beautiful human and leader we could have ever dreamed of having as our chairman. 
+
+I love dates. Keep em coming. Part of me still hopes we hear some news tomorrow. Dates make the week so much more exciting. But you know what…. I’m also here to be blown away. And I’ll patiently wait for that day. When suddenly I’m on the moon with you all. And we’re all like “this Thursday slaps fuckin ass!!!”
+
+Ryan Cohen….. do your thing. 
+
+I’m here for every second of it. 
+
+Just wanted to chime in and say that I think it’s dope that RC has never played the “fan service card” for us all yet. 
+
+That makes me SO fucking bullish.
+Last week I took a short holiday to Melbourne, and every restaurant I went to presented the option with giving a tip when I went to pay the bill.
+
+Is tipping at nice restaurants a thing now?
+I know this is a random question, but I was talking to someone the other day and the topic moved to the minimum wage in Australia, which is currently around $20/hr.
+
+I said that if you worked full time (38 hours), then minimum wage would be enough to live on outside of Sydney/Melbourne provided you don’t have any dependents. I also said you could potentially still live in Sydney/Melbourne but you may start to struggle to get ahead.
+
+They weren’t really having any of it and said it basically wasn’t possible to live on the minimum wage if you live in Sydney or Melbourne.
+
+I went and did the maths, on minimum wage, after tax you would take home around $2,950 per month. I rent in Sydney and my monthly expenses has averaged out at $2,000 per month over the past 18 months. Even if I was on minimum wage my savings rate would still be around 30%, well above the Australian average of around 11%.
+
+I understand I am lucky to not have any dependents so it does keep my expenses way down. But just the fact this other person effectively said it was not possible to live in Sydney on minimum wage I found really odd. They seemed to have such a defeated attitude and instead of working out how to better their circumstances, would prefer to just complain and pretend it’s all out of their control.
+
+I don’t see any people on subs like this with that sort of attitude, but I guess talking outside of here just opened my eyes a bit more.
+Basically the title: am applying to buy my first place and the mortgage broker (highly recommended local guy) has asked me to put in bank login details into their website so my finances can be assessed. It's the one used by the REA Group so not a random fly by night operation.
+
+From my research into the home buying process, I know lenders want a look at your spending history and I couldn't care less about this, but what I do care about is having my bank login info on a third party's servers. CBA and other banks are pretty unambiguous that giving a third party your login details means they may well not honour any theft/fraud protection on your account ([https://www.commbank.com.au/articles/security/keeping-your-password-secure.html](https://www.commbank.com.au/articles/security/keeping-your-password-secure.html)), which is major reason why I bother to do all my budgeting manually on a spreadsheet and not through various third party apps/services. I know it's a bit of a wanky edge case, but it's still a massive potential exposure and I'm not willing to risk it. The only other alternative on the site is my myGov login, which... just no.
+
+For anyone who has gone into this situation with similar qualms, what (if any) alternatives do I have? From the article I linked above, CBA recommends downloading your statements as a .CSV and furnishing those, although I suppose an unscrupulous borrower could always edit them. Would a CSV + stat dec likely suffice? Can't really think of anything else I can offer.
+
+If the broker is willing to work with me I'd like to stick with him, but in case it doesn't, I'd also be open to referrals for a broker who doesn't require bank logins. In Tasmania if it matters.
+We have the savings and deposit (20k deposit 12k savings) but it's the monthly outgoings of owning a house I'm worried about. Hoping to get a house for around the £180k area
+
+Breakdown - by the time we come to buy a house I will earn (£1900 pm take home) 
+ My current monthly outgoings are 
+
+Car - £179pm (finance with 27 months left, at the time of buying I was doing 200 miles commuting a week, although now permanently work from home)
+Phone bill  - £70pm (this was a bad decision to buy a fancy phone contract which I didn't need and now regret)
+Gaming PC - £25pm (finance with 10 months left, could pay off now)
+Gym - £30pm
+Other misc subscriptions £30pm (Netflix, Spotify etc)
+ 
+Things like the subscriptions will be split when we live together but the others outgoings alone are £300 straight away and which aren't going to go away soon. 
+
+Considering my outgoings will a bank look at them and refuse or offer me a worse mortgage? My partner currently takes home £2kpm
+
+I'm not too clued in on all the outgoings of owning a home as a first time buyer. Would we be able to afford to own a house with the way mortgage rates are going at the moment. It's just us two and no kids, dependants.
+I'm curious how it is that you convinced someone to take a chance on *YOU*, the person who had little to no credibility in real estate investing?  How did you meet them?  How did you offer your services?  What services did you offer? Where are you now in regards to your education and investing?
+If it weren't for ol' 'rona,  I'd be on my way home from my first exploratory expedition to Florida for real estate. I've run the numbers over and over and I seem to find good deals that come up all the time, but I feel like there has to be a catch! I'm from the west coast, and times not really sure I'd want to live in Florida, but I might give it a shot. I have done enough research to be a danger to myself in terms of investment strategies, and I would really like someone to run counterpoint to my plan other than "what if they wreck the place" or "you have no idea what you're doing"
+
+Here's the play. I work roughly 30 days on 30 days off for work, so I have plenty of free time. 
+
+1st contact, an exploratory two week trip to investigate neighborhoods in the Tampa Bay area, as well as the Fort Lauderdale area. I'm leaning towards Tampa, but I might as well see the sights. 
+
+2and contact. A 30 day trip with the intention to purchase a property in that time. 
+
+Plan A is to get an investment loan and purchase a multifamily at 20% down. Hire a property manager to rent all units. Based off my math I've certainly found enough meat on the bone for this to work. My biggest concern is due to the nature of my work, I have plenty of income and good credit, but in paper I have like 8 W2s, and only recently landed a permanent job with one company. And I'm only 24.  I feel like I just need to find a lender that has worked with people from the maritime industry, and this could still work.
+
+Plan B involves me moving across the country for a year to qualify for an HFA loan, getting my hands dirty and gaining hands on landlording experience.  I'm not 100% sure I want to move to Florida, given my friends and Family are all on the west coast. 
+
+My friend thinks this is incredibly risky given I dont know anyone in Florida, and I dont know anyone I could rent a house to in Florida. I think my friend is a pussy, and as long as i don't become emotionally attached to a proper
+ty, and hire the right people, it could definitely work out to be a worthwhile investment, even doing so remotely. 
+
+If you passed on Florida, why? If you bought in Florida, why?
+
+Edit to add numbers. 
+
+Due to the nature of my work, I dont have any specific unit in mind at the moment, but the price range I'm looking at is 200,000 to 300,000, putting the downpayment around 50-70k of the properties I've considered, fair rent averaging 900-1200/month, say average gross of 26,000 for a duplex. Of what I've looked at they'd net about 8.5k per year, with a ROI between 16% and 20%. I Beleive my math is conservative and I am rounding down on rents and rounding up on proce.
+What are your top 5 screening metrics that you look at before passing on a property or choosing to delve further into it? 
+
+I’m a newbie to real estate investing and looking to speed up the due diligence process. I feel like I am wasting time running a bunch of analysis on a property that won’t work in the end.
+new to this sub, and I am SURE this has been answered before but I would like to put my situation out for advice. 
+
+I would love to day trade full time, even at my 9-5 I spend half the time talking about stocks and trading.  for now I have no plan to quit my day job (90K/ year) but I would like to be making the amount per month that I COULD quit my job and live off day trading full time ( or just get to a point where I can retire early) 
+
+I know the statistics. but I want to ask if my nest egg will help me be more risk adverse. 
+
+in the last 2 years I have turned about 50K into 300K. some have been trades, GME, DOGE, others is just good timing, holding a lot of TSLA and Ethereum.  so apparently buy and hold has been good for me.  Some of that 300K is in Crypto, some in individual stocks, and some in retirement accounts like VTSAX/ SP500, 
+
+I feel like if I were to trade with like 10K/ day I would feel tons of pressure to over perform. like I would need to make 5-10% in a day to feel successful, obviously pushing boundaries and taking risks.  however, if I were to trade with say 100K or 200K, I could set super high stop losses and get out after say 1% per day. , making 1-2K / day .  hell just 1K/ day (average) is 3x my current annual salary, am I crazy to think that half a percent per day average on 200K is doable? 
+
+I feel like a big barrier to entry is guys going all in with 30K and then trying to get 20% out of that.  instead of being conservative and making like a percent per day, again with a more conservative stop loss, get in get out. 
+