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+Gapped up on this bullish reversal after a drop below the 120 EMA volume is still low but the upside trend looks solid
+
+https://preview.redd.it/b7qq9eza5z281.png?width=1621&format=png&auto=webp&s=3eb79984bdae0541d748fd21ed85472246b323a4
+
+Edit 2 12:31
+
+Downtrend continuing throughout the day, low volume shorting and lowering of IV are generally indicative of the covering period coming to an end and we are continuing through the mid-day, there is some evidence of rolling of the S&P 500 E-mini futures so we may see a roll of the S&P 400 and R1K as well( thanks to u/Turdfurg23)
+
+https://preview.redd.it/pgsgt9anvy281.png?width=1620&format=png&auto=webp&s=647f9b901158c4148c573cae1745946773561f7a
+
+https://preview.redd.it/usxum1mpvy281.png?width=1116&format=png&auto=webp&s=4a5beec8a64da80e2cbff1e7790cac1d53193c3c
+
+Edit 1 10:50
+
+Slow downward drift even though the SPY has made back some ground that was lost yesterday GME has not. Current volume @ 388k. Some shorting on wide bids and very little buy pressure for the early part of the day. No significant borrowing as of yet and a few ITM puts but not very deep mostly around 195-200 strike.
+
+https://preview.redd.it/3aj0uk23dy281.png?width=1620&format=png&auto=webp&s=4c80cc192641bf888fc7aaffa2f371157083664a
+
+# Pre-Market Analysis
+
+GME climbing back up with the broader market today. + 1.4% in pre-market with volume traded at 10.2k so far. Max pain is at $207.50 and there is also a gap to the upside around 210.
+
+Shares to Borrow:
+
+IBKR - 400,000k @ 0.6%
+
+Fidelity - 1,202,409 @ 0.75%
+
+[GME pre-market 1m](https://preview.redd.it/d85wndt8tx281.png?width=1612&format=png&auto=webp&s=620806eb39e7289a196f119a8241ae836f84d3cb)
+
+CV\_WAP :
+
+https://preview.redd.it/lzmybhpjtx281.png?width=2445&format=png&auto=webp&s=d194413e790a55eb9c7ee8efdb2b643a42f6d7ff
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+*\*My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and want to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
+There is no doubt a race amongst the meme coins at the moment all battling for attention and new buyers. Claiming massive pump, rugproof, doxxed dev and everything else is great, but what have most of these tokens actually accomplished? So far most have nothing, and for the future we can only guess. There is definitely a time now to find the real use case for most of these tokens if they want to stay alive, and here is where LifeLineToken already has a great head start!
+
+*"Our mission is to use cryptocurrency as a powerful new way to acquire and distribute donations where they are needed most. We can envision a world where every child is able to receive cutting edge, life-saving treatments without the current economic repercussions. Now is the time to start making that dream a reality."*
+
+**How do they do this you may ask?**
+
+With 5% belonging to the charity wallet, which will be used for donations to children’s hospitals for cancer care.
+
+LLT will sell 5% of the tokens bi weekly in the donation wallet, and donate the proceeds to a children’s hospital for cancer care. As the market cap grows over time, these 5% monthly donations will increase even though the amount of LLT tokens in the wallet will decrease.
+
+And to not shoot myself in the foot with groundless promises, LLT have already donated a total of 42K$ to[ Alex's Lemonade Stand Foundation](https://lifelinetoken.com/wp-content/uploads/2021/04/LifeLineToken_AckLetter_2021.pdf) and[ Children's Cancer Center of Lebanon](https://www.youtube.com/watch?v=KEIdA7wxYc4). That's hard proof! Icing on the cake? **A new donation was made this monday**, this time again to Alex's Lemonade Stand Foundation with talks of a more close partnership for the future as they have seen how much the cryptoworld can benefit charities!
+
+**So what's next? Migrating from Pancakeswap to reach the broader audience.**
+
+Well this is where I do shoot myself in the foot and start going on about all the wonders of the future for this token, but in the end that's all you wanna hear about anyway.
+
+Currently LLT is only available on Pancakeswap and for their goal to let everyone invest in crypto and help children with cancer along the way, it just doesn't cut it. Currently the team is in negotiations with BitMart and have also been approached by other indexes, names not disclosed yet. And then this begs the question, what should a DeFi do with their tokenomics, approached by these exchanges? We've seen a fair few memecoins already listed, but the lack of tokenomic support has a huge negative impact on the viability of these listings. Because isn't the purpose of these coins to always give back to the hodlers? So far this is the only incentive to hold these tokens, and how this will impact the tokenomics scene in the future will be an interesting watch!
+
+LLT is trying to do things differently. While exchanges can not offer the fundamental tokenomics of LLT or other memecoins, LLT seeks to push the exchanges themselves to contribute to the charity wallet. By making the exchanges pay a certain amount of the transfer fee they already apply back to the charity wallet LLT can keep the most important thing about it while still being listed! This might mean the end of redistribution to everyone, but this is inevitable for any token looking to migrate to bigger exchanges. All this is already being worked on by the team, and when the BitMart listing is finalised we will probably have a more complete answer to how this will work.
+
+In the long run however this is most likely the way all tokens wanting to reach the masses must go. The complexity of Pancakeswap reduces the potential investors drastically, and also might hinder major exchange listings. Therefore I am happy to see LLT contemplating this bold move so early in hopes of being one of the pioneers in this wave of memetokens all fighting for survival.
+
+**The donation wallet, addressing the elephant in the room**
+
+There are certainly a fair few scams around in this market these days and that makes DYOR and being sceptical one of your most important things to consider when investing in a token. There have been raised issues regarding the “rugproofness” of the charity wallet, and to be fair, it’s so far not perfectly set up. However the team is working to fix this issue and have full transparency around the transactions being made in this wallet, it’s of course publicly available to see on[ Bscscan](https://bscscan.com/token/0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2?a=0x076d34c7b52191efea00dadac5994ce3c278fd81). In the future the team wants a third-party wallet service provider to manage the Charity Wallet by only allowing bi weekly withdrawals of 5% or less of the total token amount, but currently they have not found a reputable and trustworthy partner for this.
+
+Of course LifeLine Token is fully audited by[ TechRate](https://lifelinetoken.com/wp-content/uploads/2021/04/LifeLine.pdf) and more information can be found on their[ Website](https://lifelinetoken.com/).
+
+I wish you all happy hunting for the next unpolished diamond this monday, I've already found mine!
+**A "self-hosted" wallet is just a wallet.** Please do not use the term "self-hosted wallet". "Self-hosted" implies that holding your own money is improper or subversive. The dollars in your purse are not "self-hosted", they are just yours. Please use the term "wallet".
+
+**A "hosted" wallet is not a wallet. It is an account.** Please use the term "account" or "custodial account", or "hosted account" if you are stuck on the word "hosted".
+Maybe I'm thinking too much, as they blocked me from posting a similar discussion question to this on the personal finance sub, but I'm genuinely concerned and would love to hear some other opinions on this. 
+
+I've heard for years that we can assume the SP500/good index funds will grow at 7-10% per year, meaning in retirement people can pull 5% of their investment per year and still have a balance that grows to keep up with inflation over time. 
+
+Then I learned a little more about whats going on in Japan. With their main change being population hitting a stablizing/shrinking point, their annual GDP has on average increased 0.43% per year over the past 42 years. With America's growth rate slowing and concerns about this, I've thought more and more about the likelihood that our GDP growth/market growth will slow significantly by the time I retire in 25+ years. 
+
+That is one of the reasons I've been more excited about keeping real estate investments. If we eventually live in a world where 2-4% market growth per year becomes the standard, it will ruin retirement plans for many people. However, real estate investments that cashflow would still provide retirement income. 
+
+Maybe its a dumb game to try and predict world economies 25+ years out, but I'm starting to question the assumption that 7-10% market growth per year on average will be a reality in my older years. Anyone else had similar thoughts, or any input I'm not seeing as to how something like this would impact the value of real estate?
+26F here I have bachelors and masters in commerce. After working for some European embassy in Australia for a while (because of visa reasons) I now have PR and am interviewing for roles with Australian businesses . And at every company I interview with I meet workaholics. Everyone seems to be working 9.5 + hours a day. Is this a lot? I don’t vibe with that. Am I being too picky? I’m not even looking for something that pays more than 80k. Am I failing to understand capitalism? 
+
+I’m on the train and I’m bored so here is my life story. 
+I just want to do a 9-5 role. It’s not that I’m lazy it’s just that I do a lot outside of work to grow as a person and not just an employee. During my work days after 5pm I usually take Mandarin classes Korean classes, I tutor at university and I volunteer. I also take online classes. Basically I learn outside of work as much if not more than I do at work and I’m not willing to compromise that.
+
+Thoughts and prayers?
+We hear about how millions have left the work force during the past 2 years and started their own businesses/self-employment, etc. 
+
+But how true is this? Most employees can't just get up and quit, start their own business and make enough income to cover their living expenses. 
+
+So with the shortages in people willing to work - what's everyone doing to make a living??
+If you are looking to buy in now is a horrible time. When the greed becomes insane (as it is now just look at the front page right now) you should simply wait a few days for everything to settle back down first. All I see when the market is green is posts about how we are just at the start of a bull run and Bitcoin will be millions soon and we will all be rich. But literally every time everything comes back down in a few days.
+If anyone is seriously considering buying in now just wait a little while first before we get in.
+But also mind you fuck me I don't know jack shit about this lmao
+**Chase Bank informed me, via mail, that due to missed payments, they sent my debt to a collection agency even though I paid them a $2000 settlement.**
+
+I signed up for a credit card in college via Amazon for Chase Bank. When I had a job it was fine until I got unemployed. I misused it during the time I was unemployed and my debt went up with interest to $3113. 
+Chase Bank charged off my debt to a collection agency. 
+
+When I got myself back together and got a job, I received a letter from Chase Bank. Their number was on and everything but they did not have my full account number, just the last 4 digits - "Your account ending in XXXX".
+
+They offered me a chance to pay back my debt and I was for it. I called and inquired about paying back. They set me up with a $2000 settlement and I was paying $150 per month. They did not have my account open so I used my SSN for them to see my debt. My bank check confirmed it the bank withdrew the money monthly and even said their name came under JP MORGAN AND CHASE BANK. 
+
+My last month of finish my settlement was August. I called Chase Bank via the letters they sent me to confirm if this was really my last month. The lady in the phone confirmed it. I wanted to pay immediately but she told me since it was automatic pay, not to worry about it.
+
+After that payment, I received another letter from Chase Bank that was sent August 16th. The letter said that due to missed payments, they sent my debt to a collection agency.
+
+I was confused and worried I got scammed. I decided to call Chase Bank via another number online on their official site. When I called, the operator asked for a 16 digit number. Since my account was closed and I was using my social security number, I had her look up my information with an SSN.
+
+But she could not find any sign of my information with my SSN and refused to help. I asked the lady if the phone number on my letters were valid Chase Bank numbers and she said yes, they were valid phone numbers.
+
+I called my bank and asked if JP MORGAN AND CHASE really withdrew money from my account per month between October 2019 and August 2020. They confirmed it was JP MORGAN AND CHASE. 
+
+I checked my credit score and no report of me paying that $2000 settlement came up. Chase Bank still has my debt listed as 'Charged Off'. I will be contacting the number listed on my credit score.
+
+Has anyone else experienced this? And what have you done to dispute the claim.
+
+**UPDATE - I had to call the same line four times before I got to two attendants who were extremely helpful. The other ones kept telling me that they had no idea what I was talking about. One guy said I still owed which did not match the information I got through the letters from Chase. I finally got to two ladies who confirmed what the letters I have been receiving said. They also told me I did not owe anything else and the last attendant who said I did was wrong. I also asked for a confirmation letter stating that I paid off my debt and now I see the changes on my credit score. I'm so grateful to those two ladies from Chase. They really gave their all when they helped me!**
+I get saving for retirement is important. I get that super offers tax benefits. But what about setting yourself up for when you’re not too old to actually do things in life? And heck - even set yourself up for retirement with the wealth you’re able to generate as a result of investing outside of super? Im young(ish) and want to be able to set myself up for when I’m 45, not 75! Who knows, I could be dead by the time I hit 65. Interested to get perspectives here.
+I've been paying taxes my entire adult life. Why the fuck should I be afraid to see Uncle Sam dip his hands in my pot again?
+
+The way I see it the only ones who truly are afraid and see taxes as an unacceptable loss are the ones who haven't had to watch large differences come out of their paycheck their living off of week by week.
+
+Fuck the FUD, you can't scare me when we don't fear the same things.
+Hi, I am curious about something I was told this week.  My neighbour, who is of pensionable age, said that he recently had his annual meeting with his accountant (personal affairs, not business).  The summary of the meeting was that he was not spending enough. My stiff upper lip stopped me from asking why, so I am asking you guys and girls.  Sorry if I am being thick but I’m what scenario would anyone recommend spending your money?  How does this help?
+Maxeon Solar Technologies split off from Sunpower a couple years ago, with Maxeon being the global producer and Sunpower being the US producer and distributor. 
+
+Onto the valuation: they have a market cap of about 1b with revenue of 1.2b in 2019, about 900m TTM because of the pandemic (from now on im primarily gonna reference 2019 stats since it seems unfair to use 2020). 
+
+Gross profit improved from -104M to -8.4M 2018-19, net income improved from -603M to -183M. 
+
+They have about 2.1 price to book value.
+
+The valuations are okay but what really makes the difference here is their products. They make the highest efficiency and lowest degrading solar panels in the world, and are looking to move into the microinverters, energy storage and even services industries in the next few years with a partnership with Enphase Energy. 
+
+As well as this i believe their core panel production business will continue to expand rapidly as it has done, with a CAGR of 28.1% compared to industry’s 19.5%. 
+
+Being in such a quickly growing industry, and the leader in quality, you’d expect them to have a much higher market cap. This is due to them making a loss the past few years, but i believe they’ll soon swing to profitability and see a massive increase in stock price when that happens. 
+
+If you don’t like investing in currently unprofitable companies, try Canadian Solar $CSIQ and JinkoSolar JKS. Both down 45% ish and with low P/e ratios.
+
+Personally, i’ll be splitting my money relatively evenly between the three to hedge my bets and capitalise on the rapid growth of solar globally regardless.
+This seems like passable legislation in this climate: https://www.sfchronicle.com/business/networth/article/California-lawmakers-propose-a-15482011.php
+
+If you're affected by this, how would you react if it passes?
+About a year ago, I (30m) decided to unofficially retire in one of more expensive cities to live in (NYC) and I often wonder if its worth it. My current mortgage + utilities is currently right under $5000 a month and to be honest, I don’t really utilize the city enough for it to be worth it. A part of me says move to a cheaper city and save the extra $5000 a month (the equity in my house can probably pay another house off in full), but another part of me is afraid to leave everything I know. I was born and raised in NYC and never really spent extended time in other places. Has anyone ever made the leap? Packed their things and just left for a new home? Where would you even start?
+Last year I wrote a reflection on my first year of FIRE. It got a lot of traction and seemed well liked so I thought I’d write the year 2 version… [Here is the first one if you want to see it:]( https://old.reddit.com/r/financialindependence/comments/b2bfko/fire_1_year_in_a_few_reflections/)
+
+My background: I’m a scientist in my mid 40’s who got into the big data side of tech just as it took off. I worked for a few large companies, and a few small companies, both as an FTE and consultant. During one of my “no job, no consulting” periods in the late fall (notoriously hard time to find a new job as everyone is on vacation, spent their budgets, etc.) I fell deep into the bitcoin rabbit hole researching what it was, what it might become etc. I bought in a few times and sold my holdings in December 2017 (not at the peak, but close) for about 1.5M. I had saved a shit-ton of money over the years (almost 1M) because I never spend other than buying/fixing up my house. The FIRE idea was natural to me – I had an instinctual aversion to debt, simple tastes, and grew up without a lot (but didn’t feel like that was an issue). My job was not really going in a direction I liked, and I had just cashed over a million post-tax cryptobucks so I quit. I figured I’d try being unemployed, maybe call it “semi-retirement”? With all my retirement, bank, and stock accounts bundled together, including house equity I had close to 4M. Since retirement my portfolio has grown an additional 10% (after my living expenses) to 4.4M.
+
+
+**Reflection 1: I’m not scared of the market anymore**
+
+Maybe “scared” is too strong a word. Right after I quit my job, the market started dropping. Everyone says “don’t watch the market” but I couldn’t help it. I JUST STARTED the next phase after all. Well, everyone is right – ignore that shit. I felt a little bit off at first – and I mention that in the first post last year. Now… it truly is not a big deal to me, I just grab the data once a month because I like to track it. I have a balanced portfolio and plenty of time. Not worth the sweating over. I feel I am truly ready for whatever the next real drop ends up looking like.
+
+**Reflection 2: I’m used to the lack of cash flow now**
+
+After watching my bank account grow twice a month, and having to move money into investments every so often, I got used to it. Not having that as part of my financial journey anymore felt weird. Having to take cash (from dividend payments – this is my primary cash flow source now) out of my account to fatten up my bank account felt super weird (money goes IN there, not OUT from there.) I had tracked my spending for several years prior to FIRE, and now that I am there I also tracked it and I basically spend the same amount so moving cash to the savings account every once in a while is the new norm. 
+
+**Reflection 3: I’m willing to spend some of that money (wisely) now**
+
+At first I felt a little bit poor again – the money inflow was slow, new, weird. I didn’t want to mess it all up somehow. I’ve never been a big spender to begin with, but it felt like I was “on a special budget” or something. Why the hell would I FIRE if it meant I had to act like a pauper to do so (respect to my LeanFIRE friends, but that’s not my deal)? So now I’m willing to dip in a bit to make things work for how my life is shaping up post-work. I moved to a new city (renting) and rented out my house back in the old city. I’m considering buying a house here. I might sell my other house in a few years. I have options and the money makes those options broader. I might not execute these moves with economic perfection, but the money I have makes me feel like some slippage is not going to wreck me. Up until now, I have considered the brokerage stocks to be on untouchable lockdown. That is no longer the case if I can convert the money into what I need to be happy here in this new city – and I realize now that I really hate renting.
+
+**Reflection 4: Sometimes I feel like it isn’t quite enough (how the fuck)**
+
+Some people will always complain that their lump of gold isn’t big enough, and I tend to think those people are pain in the ass jerks. That said, I realize that there are times I wish I had a bit more… to put into special projects or pursuits that did not dip into my block of savings. One Idea I have had is to do some pick-up work and use 100% of that money for special projects and no savings. I haven’t quite figured it out yet, as these are just ideas right now, but the big revelation is that I thought I’d be done with feeling like I needed (“wanted” is a better word honestly) any more money but if I am being honest, that is not the case.
+
+**Reflection 5: I thought I might want to do some work – I was right**
+
+I took on a little work, but not too much. I helped a friend define and scope out a professional pivot and we figured out a way to do some additional work together. Working with him after 16 months off was really fun, and reminded me that I have some pretty cool superpowers that others do not. I think maybe you get so used to doing your thing in your groove that it becomes hard to take a bystander view. Applying myself to his situation which had some overlap to my old work but was also novel in many ways, and adapting my strategic consulting on the fly was quite satisfying. Drinking whiskey while consulting might have helped. That kind of work makes me feel a particular kind of excitement that I don’t get in other places. I need to learn how to tap into that more.
+
+**Reflection 6: It’s ok to do nothing sometimes**
+
+While I always had a great work ethic, I’ve never been a person to endlessly grind. I appreciate quiet reflection time, or do nothing except stare at the water time. Now that I am FIRE, and only working every once in a while (seriously – not a lot) I can forgive myself if a day or more goes by and I haven’t done anything particularly useful. I no longer view it as “wasting time”. I also think of all the days I went to work, mucked with emails, cranked the levers of industry, and went home, made a fire and drank a beer and ask “how different, to me, truly, is what that *was* vs. what this *is* from a personal growth, usefulness, or other internal concept?” The answer is basically “they are the same.”
+
+**In closing**
+
+I’ve acclimated to my new method of financial cycles. The discomfort in the novel has faded. I’m in a bit of a spot where it’s hard to make certain types of plans due to my aging parents and the potential for radical changes in their lives that I want to be able to help them navigate. It’s not radically tying me down by any means, it just changes the scope from “100% complete autonomy and freedom” to something a little less so for a bit. 
+
+I’ve taken up a bit of woodworking. I went to physical therapy for my lower back and have really focused on getting that in order – it feels better than it has in years! I cook a bit more. I read books. I write essays. I’m involved in an online community working on some future technology in the cryptographic space. I take a lot of walks. I’m never bored.  
+
+I feel like I’m in **“phase 2: acclimate and relax.”** Happy to answer any questions.
+
+**Edit: Ok guys, I'm out. See you again in a year or so. Thanks for the questions, well-wishes and conversation**
+Hi guys,
+
+So I've been weighing the pros and cons of using credit vs debit, and actually makes sense to use someone else's money rather than your own (as you long as you pay everything back and don't get into debt, of course)
+
+In America you can harness the full power of credit in the form of rewards, cashbacks, insurance, airline miles and so on. But I'm yet to find such credit card in Germany, or in Europe altogether.
+
+Your help is much appreciated, thanks for your advise.
+Hi, I'm a 26 y/o male from Central Europe, working a stable job and able to save ca. 1200 Euros per month, with additional 30k Euros already in savings (all cash). No family to support at the moment, no debt.
+
+I've read quite a bit here and elsewhere, and the general consensus seems to be to just invest everything in a single all-world ETF. However, given current situation and my already present savings, I was wondering if I should:
+
+* Add an additional "all-world gov bond inflation linked" ETF to stabilize the portfolio a bit, while also making it inflation-proof? Was thinking 25% of portfolio.
+* Spread the equity ETF into 2 different options, to avoid "all eggs in one basket"?
+* Spread it into 3-4 different currencies? I know it's said that it doesn't matter over time, but we recently had instances where one currency changed its value permanently against others (CHF in 2015, GBP after Brexit). Was thinking 40% USD - 40% EUR - 20% CHF (I know it's pretty random xd).
+* Invest it all as a lump sum, or divide it into 2 - 4 installments? Again, I know lump sum usually wins, but right know stability (at a cost of expected gain) should perhaps be chosen.
+
+Thanks in advance for all inputs :-)
+Hello everyone,
+I am working in Prague, czech republic. I am looking for ways to get suggestions on how to invest in funds, etf or stocks . apart from fee based agents and brokers who charge 3-4% what options do i have?
+I have RB invest with Raiffisen bank
+My first aim is retirement plan.
+Second is 4 years for a probable downpayment for a property.
+I have emergency fund. Since i am the only earning member, i have around 10k czk (400 euros) a month to invest. 
+Any leads or help is appreciated!
+
+Edit and update:
+Finally managed to open account with Trading212 only. 
+They have some FX fees. Minimal 0.37 for 250 cZk for etf. Working on comparing others options 😊
+Hello everyone, 
+
+I've started investing in index funds for the long term a little over a year ago and I just got thinking: are the tools/brokers/banks I currently use the ones I will be using until I retire? 
+
+I feel like I'm in the infancy period of my personal finance journey and I chose a couple of banks and brokers that fulfilled my needs now (probably many of these will always be valid): fully online, low fees, passive investments, ease of use.. 
+
+I'm now thinking if there's any specifics to consider given the long term nature of savings and personal finance. For example: ability to transfer assets from one broker/platform to another, automating/ease of use the withdrawals, company strength/security (i.e. it will survive for 20 years), facilitating tax reports, and more? 
+
+So, I was wondering, for people who are well into the journey, 
+
+1) Are you still using the same approach and same platforms? 
+2) In hindsight, is there anything you should've directly started with or done before or taken into account from the beginning that could've saved you some problems/hassle? 
+
+Maybe my questions focus too much on tools/platforms but I'd also like to hear about other topics such as insurance (any type), mortgages, children(?) and more key aspects that come later in life. Anything that will help me evolve my personal finance in the best way taking into account what I may encounter. 
+
+Thank you!!
+# ~~ Activision Blizzard vs Electronic Arts ~~
+
+>I want to add to my portfolio a **gaming company**, so I decided to take a closer look at the gaming giants - **Electronic Arts and Activision Blizzard**, I decided to choose ***only one*** because I want to keep my exposure levels to this sector to a minimum.
+
+​
+
+>*Feel free to agree / disagree with my research + My personal opinion will be added to the 1st comment.* \*\****resources note***\*\* \~ *At the bottom of the post !*
+
+***Intro:***
+
+>In my opinions both companies are very interesting, on the **EA** side, you will find many beloved games such as: *FIFA, MADDEN, UFC, NHL, BATTELFIELD, MEDAL OF HONOR,* etc… (**Fun fact**: FIFA 21 for sold 325 million copies!)  
+>  
+>But on the **ATVI** side you may find games like : *CALL OF DUTY ( Modern Warfare 2 sold* ***25.02 Million***  *copies) CRASH BANDICOT, WORLD OF WARCRAFT, DIABLO, CANDY CRASH,* etc…
+
+​
+
+***So, lets dig into the financials!***
+
+# > Financial Comparison- (2020 + 2021)
+
+***\~ Companies overview \~***
+
+Market cap: $64.106B (**ATVI**) VS $40.678B (**EA**)
+
+​
+
+​
+
+Revenues (2020): $8.09B (ATVI) VS $5.54B (EA)
+
+[Revenues Profit comparison - jika.io](https://preview.redd.it/8kbb847c2ik71.png?width=1158&format=png&auto=webp&s=544836bcd5d6b6b789907682a33b886be8e81cc8)
+
+​
+
+Cost of Revenues (2020): $2.26B (ATVI) VS $1.37B (EA)
+
+[Cost of Revenues Profit comparison - jika.io](https://preview.redd.it/fxj5nsxw2ik71.png?width=1137&format=png&auto=webp&s=73e1ea9601935c48e444629f313629bd0281b91c)
+
+Gross Profit (2020): $5.83B (ATVI) VS $4.17B (EA)
+
+[Gross Profit comparison - jika.io](https://preview.redd.it/yos781lh2ik71.png?width=1151&format=png&auto=webp&s=2eca5a6c692e8cde108ab2fe8d2d2b649e1f223e)
+
+​
+
+​
+
+***\~ Key metrics comparison \~***
+
+Revenue per share (2020): $10.96 (ATVI) VS $18.90 (EA)  
+
+
+[Revenue per share comparison - jika.io](https://preview.redd.it/1k74hb765ik71.png?width=1100&format=png&auto=webp&s=b509b839d5d4f743296da4c9feed47667bc2cb5e)
+
+Net Income per share (2020): $2.84 (ATVI) VS $10.37 (EA)
+
+[Net Income per share comparison - jika.io](https://preview.redd.it/ru94wk275ik71.png?width=1127&format=png&auto=webp&s=00bd5ed29c24b9ee3b169d02922a282dfda0e7c3)
+
+Cash per share (2020): $11.19 (ATVI) VS $19.57 (EA)
+
+[Cash per share comparison - jika.io](https://preview.redd.it/p2jckpt75ik71.png?width=1212&format=png&auto=webp&s=bbca747005d37e5a1212e04d8ea466fd3f3e95c1)
+
+​
+
+**\~** ***Ratios comparison \~***
+
+Gross Profit margin: **2019** 67.73%, **2020** 72.05% (ATVI) VS **2019** 73.29%, **2020** 75.28% **(EA**)
+
+[Gross Profit margin comparison - jika.io](https://preview.redd.it/j3g2o8b95ik71.png?width=1116&format=png&auto=webp&s=350a41193f51ebdb90544122a1a1ef70fcf265ad)
+
+​
+
+Net Profit margins (2021):  29.17% (ATVI) VS 14.87% (EA)
+
+[Net Profit margin comparison - jika.io](https://preview.redd.it/600oo4wa5ik71.png?width=1105&format=png&auto=webp&s=63e03d23c2818d3157d02f4b3ecbcca139e9ca6e)
+
+​
+
+Return on equity (2021):  17.72% (ATVI) VS 10.68% (EA)
+
+[ROE comparison - jika.io](https://preview.redd.it/eafp8y1c5ik71.png?width=1112&format=png&auto=webp&s=93e3ae72dca32071f8da781c4aad1d42d90228fd)
+
+​
+
+​
+
+\~ *Balance sheet comparison \~*
+
+​
+
+Short Term debt (2020): $25M (ATVI) VS $600M (EA)
+
+[Short Term debt comparison - jika.io](https://preview.redd.it/y7d7y65d5ik71.png?width=1123&format=png&auto=webp&s=710cf03c4f955affeef7100374a93dee2516a145)
+
+long Term debt (2020): $3.60B (ATVI) VS $0.40B (EA)
+
+[long Term debt comparison - jika.io](https://preview.redd.it/0autbbld5ik71.png?width=1174&format=png&auto=webp&s=e8e98c3c1f4722052f8edf876fa4f70d7fa93b53)
+
+​
+
+Cash and cash equivalents (2020): $8.65B (ATVI) VS $3.77B (EA)
+
+[Cash and cash equivalents comparison - jika.io](https://preview.redd.it/vx8g8l8e5ik71.png?width=1127&format=png&auto=webp&s=ab3bc47bd0820afcb04ba7688e16dc51391000f7)
+
+# ~ Growth analysis ~
+
+>*The growth analysis is a* ***quarterly*** *comparison between 2019 to 2020  financials results- (* ***last quarter*** *reported).*
+
+​
+
+Revenue growth:   0.92% (ATVI) VS 15.23% (EA)
+
+[Revenue growth comparison - jika.io](https://preview.redd.it/408wuq2f5ik71.png?width=1114&format=png&auto=webp&s=9a7096543900b8f519e79e8c41add2baba3b94e8)
+
+​
+
+Gross Profit growth: 20.35% (ATVI) VS 2.59% (EA)
+
+[Gross Profit growth comparison - jika.io](https://preview.redd.it/v1yaovpf5ik71.png?width=1119&format=png&auto=webp&s=1c6a42da306d5d56c4711cabfe32b72df7d24a89)
+
+EPS growth: 41.44% (ATVI) VS 172.44% (EA)
+
+[EPS growth comparison - jika.io](https://preview.redd.it/59h9lw6g5ik71.png?width=1124&format=png&auto=webp&s=4dc6614407780c318400a9188457efad30685bb4)
+
+Net income growth: 46.17% (ATVI) VS 198.23% (EA)
+
+[Net income growth comparison - jika.io](https://preview.redd.it/u004qzsg5ik71.png?width=1111&format=png&auto=webp&s=3eb9f2a5a5d69430a06ae87deadeb74dd07abdee)
+
+​
+
+R&D expanses growth: -5.10% (ATVI) VS 10.04% (EA)
+
+[R&D expanses growth comparison - jika.io](https://preview.redd.it/b2bsodah5ik71.png?width=1116&format=png&auto=webp&s=e502599623cf6d72f6b22880a1313e03294d1865)
+
+# ~ Analysts Comparison ~
+
+***ATVI***: Based on  **17**  Wall Street analysts –  **15 Buy**  2 hold 0 sell
+
+**Estimates** – low: $100, Average: $114.25, High: $125  
+
+
+[ATVI analyst rank - tipranks ](https://preview.redd.it/pse8chhi5ik71.png?width=1068&format=png&auto=webp&s=bb517adcdc536f52768994bcc639d1fa73f2b20e)
+
+***EA***: Based on 21 Wall Street analysts – **17 Buys** 4 hold 0 sell
+
+**Estimates** – low: $148, Average: $172.10, High: $195  
+
+
+[EA analyst rank - tipranks ](https://preview.redd.it/sjxthtnk5ik71.png?width=1063&format=png&auto=webp&s=24e9e81a3dd9d95b5345de2351dc1f76c76bde47)
+
+# Number of employees Comparison
+
+>  
+why this is important ? recruiting employees growth indicated that the company still looking to grow revenues, expend to different locations, releasing new products.On the other hand, companies that layoff employees, trying to move to more lean business model, expanding their operations is not their first priority anymore.
+
+**2020 –** 9.50K (ATVI) VS 11K (EA)
+
+​
+
+[ATVI vs. EA Number of employees Comparison - CNN.COM](https://preview.redd.it/r904h3mq5ik71.png?width=3200&format=png&auto=webp&s=66c724c37ad80c9036dfcfd7fc753c3b453ee887)
+
+# My Conclusion
+
+>Both companies show an extensive growth, whether its financial or popularity among their fan base, but after considering all factors, **Activision Blizzard has the upper hand**.  
+>  
+>Even though, it may seems that EA release more games then ATVI, has a diverse library of successful games.  
+>  
+>moreover, after looking at both companies financials and growth indicators, it appears that ATVI's revenue growth is much stronger than EA's, and with a bigger gross profit to be considered .. my winner is definitely  **Activision Blizzard**
+
+​
+
+***\*\* Resources list \*\****   
+[JIKA.IO](https://JIKA.IO) \-  Financial Comparison  
+tipranks  - Analysts data  
+[FINVIZ.COM](https://FINVIZ.COM) \- companies stats  
+ [cnn.com](https://cnn.com) \- employees numbers
+I just took a look at the YTD returns of both ETF's and the return since inception for VEQT is at 41.60% and XEQT is 33.69%. Does anyone know why VEQT returned 8% more then XEQT?
+Nifty is breaking crucial levels on daily basis since past week. Although, the percentage fall in Nifty is lesser than that of global indices including US. 
+
+Is there a chance of Nifty in next couple weeks getting a little bullish since India could act as a safe haven for global investors since businesses aren’t much dependent on outsiders and internal demand won’t be effected much because of huge population? 
+
+Or do you suppose it would go down along with global indices? If that’s the case, what’s the crucial support it could take according to you? 
+
+SGXNifty is already down @ 11100 as now. If the same downtrend continues, won’t be shocked to see Nifty testing 10000-10500 levels within a month.
+This is a WORLDWIDE phenomenon.
+
+There are the Ameri-apes, the Europoor, the Nords, the South American contingent, the Ant Army, and on and on- we have seen posts and comments from every state in the USA, and every corner on the Globe;
+
+We apes are often and much separated by geography, nationality, lifestyle, income, and much, much more.
+
+Our distance and differences are wholly irrelevant.
+
+As individuals, with our own thoughts and independent actions, we have all independently decided we like the stock.
+
+A situation and circumstance not even remotely-comparable to institutions nor hedge funds nor any other manner of structured investment scenario.
+
+As individuals, geography allowing, many of us *individuals* have chosen to ‘vote with our dollars*, to do commerce with a known, established, commercial entity that is a leader in it’s market, has a rapidly growing back-end infrastructure, a growing top-notch leadership team, seemingly ever-expanding product-line and inventory, and becoming *renowned* for it’s customer-service, customer-support, and customer-communication.
+
+We gather in a virtual digital place to commune about something we are all passionate about, no different than model-train enthusiasts, lovers of art, people who enjoy wine.
+
+At the core of all of this, there is just simple math. ‘Supply vs. Demand’, the embodiment and actual practice of the Capitalist ethos.
+
+The situation is *really* that simple.
+
+As individuals, we are limited and bound by the rules, laws, and protocols of the small investor.
+
+We cannot trade in dark pools, nor use the Fed’s repo process to borrow billions of dollars at record rates.
+
+There are obvious problems in the market, mostly based purely in failures of enforcement of regulation.
+
+The entire apparatus is a House of Cards; Peter has been robbed to pay off Paul, to borrow from Steve, to loan liquidity to Tom, to grant margin to Jerry, so Jerry can package up some 2021 Credit Default Swaps, so Jimmy can short a company, so Peter can manipulate crypto...
+
+And on and on and on...
+
+It’s a giant circlejerk of financial instruments that the entire prosperity of the World Economy rests upon.
+
+Rules have been abused. The system has been tainted.
+
+”The Centre Does Not Hold”
+
+None of that matters. The math and science of the situation lead to only one possible action: BUY and HODL.
+
+To paraphrase some lines from Firefly:
+
+“We buy. We hold. That makes us righteous, and we are so very pretty.”
+
+💎🤲🏽
+My life was turned upside and put on hold when I was diagnosed with a rare cancer at 31 two months ago. My original goal before was to save for a deposit to buy a property in London (through a help to buy or shared ownership), however I feel this might not be feasible anymore because I don’t know how long I have left.
+
+I’m a 31F, professional and single, but currently on furlough since last April when I fell very ill with covid and then led to my diagnosis. I’m still off work whilst I sort myself out and undergoing chemo treatment. I receive full salary from work and whilst they have been supportive and have not rushed me to return until I’m ready, I know I will have to go back to work soon. I am not sure if I will ever be able to go back working full time because of treatment - which will affect my income dramatically I think.
+
+I have almost £80k in savings with no student debt and original plan was to save another year to buy a place. I’m currently living at home and know it is my comfort zone and my parents want me nearby because of my cancer, so they would rather I stay at home, but I want to move out to have my own space one way or another.
+
+I feel knowing I have cancer, I don’t know if I can afford to play with the idea of owning property anymore because I don’t know how long I have and once I’m gone, what is going to happen with the mortgage. I’m single and no one to share the mortgage with unless it’s my brother but I don’t wish to burden him with that responsibility.
+
+Or should I just find a place to rent? What would you do if you was in my position? I feel renting is flexible but the money could go to better use if I owned the place but I can’t help but feel grim reaper is waiting around a corner. It could end up being more complicated if something does happen to me.
+My wife is always talking about going part time.  She is financially independent but does not want to totally retire.  She would love to work four days a week 4-5 hours a day but in a professional job similar to the one she has now.
+
+Trouble is most part time jobs are low pay and menial work.
+
+Would you take a 50% pay cut if you could continue in your job but at half time?  Why or why not?
+So trying to get a sense of what actually happens. So In theory, most individuals took advantage of extremely low rates and financed their homes at 80/20 without having to take out insurance. 
+
+When the housing market crashes, at what point does the bank reappraise to see how much equity is left in the house to ensure your still in line. Can they foreclose on your house immediately?
+
+Also do they restrict Lines of Credit . Can they proactively close them out all for payment?
+
+Trying to get a sense of the actions banks can take, practically speaking?
+
+I know they bake in all kinds of terms to more or less do what they want - just trying to get a sense of the logical order and steps theyde take.
+Hi,
+
+Bit of an odd post than usual. As of late I keep judging people by how much money they earn. Sometimes what car they are driving. This wasn't always the case. In fact I come from a poor background, most of my life I was either a poor student, on minimum wage or unemployed. During these times I felt it easier to sympathize with people and more humble about what I do have and didn't look down on people. Now that I have financial security and looking to even FIRE, I do nothing more than keep counting the money and how much others do or don't. 
+
+Weirdly, 2020 has been a great year for me I landed a great job and earning more money than ever. Ever since I've accumulated this amount of wealth I can't help but feel like I want more and more. I always felt like I'd be content on this wage but now that I'm on it, I'm not. I just want more - even though it's unrealistic.
+A few hours ago, Vitalik participated in a [Twitter conversation](https://twitter.com/vitalikbuterin/status/1133188901508648960?s=12) in which he highlighted some of the best features of Ethereum's DeFi ("decentralized finance") movement.
+
+Vitalik proposed a mashup of three of the best open finance projects on Ethereum: (1) Uniswap, (2) Maker, and (3) Compound. Uniswap allows you to trade against a pool of liquidity; Maker mints the stablecoin Dai; Compound allows you to earn interest, or borrow against a pool of liquidity. A few days ago, Compound [launched v2](https://medium.com/compound-finance/compound-v2-is-live-157db0b7cfc8) of their protocol, in which earning interest is "tokenized"; you can mint "cDAI", which is interest-bearing DAI (the interest comes from borrowers).
+
+Here's how the mashup would work: a Uniswap ETH/cDAI pool would allow users to trade between Ether, and interest-bearing DAI; contrasted with the current ETH/DAI pool (which consistently trades 200k+ DAI/day). It would be an automated exchange, where the market-makers are earning interest on their assets while they provide liquidity.
+
+If you want to participate (and are super advanced), the contract addresses are below:
+
+DAI: [https://etherscan.io/token/0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359](https://etherscan.io/token/0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359)
+
+cDAI: [https://etherscan.io/token/0xf5dce57282a584d2746faf1593d3121fcac444dc](https://etherscan.io/token/0xf5dce57282a584d2746faf1593d3121fcac444dc)
+
+Uniswap ETH/cDAI: [https://etherscan.io/address/0x45a2fdfed7f7a2c791fb1bdf6075b83fad821dde/](https://etherscan.io/address/0x45a2fdfed7f7a2c791fb1bdf6075b83fad821dde/)
+
+Uniswap: [https://uniswap.exchange/add-liquidity](https://uniswap.exchange/add-liquidity) (then search by 0xf5dce57282a584d2746faf1593d3121fcac444dc)
+
+Whether you've had a chance to use these tools or not yet, DeFi is absolutely one of the most exciting things happening in crypto right now. Period.
+I started trading and I am about a month in, but before I continue I have to know if this game is too rich for my blood. 
+
+So far I heard you need $25-100k to really make a living. I’m only really willing to put in 6k.
+
+Edit: I currently would need a little less than 2k a month to live off and then some change for growth.
+Long story short, for the past 2 years, whenever I’ve worked overtime or double time, my employer has been paying me straight wage instead of 1.5x or 2x my hourly rate. I’ve tried to bring this up before, but management has explained it away. I finally sat down with our fiscal manager today and he had an “oh shit” moment where he finally agreed with what I was saying and noticed the mistake in their paycheck processing system. He’s going through months of pay periods to tally up what they owe me and will write me a check. 
+
+Should there be labor penalties or interest added of some kind? I’m really not too sure of my rights in this area. I’m in California, if it matters. It’s a great firm (and small industry) and I am not trying to burn any bridges. Thanks
+*Edit 3: I've received a few comments that I'm missing the point of attobitt's DD. To be clear, I'm not posting this as a counterpoint to his DD. The intent of my post is simply to clarify the term IOU (which implies contractual rights) versus the reality that the shares are in fact owned (which is a property right with stronger claims at law). It is more of a clarifying statement on the nature of share ownership. I say counterpoint, because I've seen the IOU concept taken out of context and misunderstood as a result.*
+
+I’ve seen this now been readily accepted on this thread due to some very detailed and impressive DD posted. It talks about how Cede & Co. are the actual owners of the shares and that shareholders think they own shares, but they actually own IOUs.
+
+This conclusion is reached because if Cede & Co. owns the shares, then **it is assumed that the shareholders can’t also own the shares**. If that is true, then what the shareholders must have is an IOU, right?  **This assumption is wrong**. But before I dig into this, let’s discuss the difference.
+
+WHAT IS THE DIFFERENCE?
+
+What is an IOU? It’s debt. A contract. Very basic, derived from “I owe you”. It’s a basic loan concept. A borrower is indebted to the lender, because the lender agreed to loan the amount/property to the borrower. If the borrower does not repay the loan, then the lender needs to go after the borrower for the amount of the loan. That is a **contractual claim** between the lender and the borrower.
+
+What is ownership of shares? This is equity. This is property. The one who owns the shares owns an interest in the company. With that interest comes certain rights, including the right to vote, the right to dividends and the right to liquidation proceeds on the winding up of the company (these for common shares). Unless you’re trading in a margin account where you’ve agreed to lend the shares or otherwise entered into an agreement to loan out your shares, you’re not dealing with debt, you’re dealing with equity. This is a **property claim** that the shareholder owns its shares as its own property. The stock market is predicated on this concept.
+
+WHY IS THE ASSUMPTION WRONG?
+
+At law, there can be different types of ownership. As it relates to securities, you have a registered shareholder (the shareholder on the register of shareholders maintained by the corporation) and a beneficial shareholder (the shareholder to whom the benefit of all rights of such share ownership applies). Prior to the DTC, it was common for the registered and beneficial shareholder to be one and the same. With the introduction of DTC and book-entry only system, Cede & Co. became the standard registered shareholder for securities owned and obtained through brokerages.
+
+SO WHO OWNS THE SHARES?
+
+For most shares held through a brokerage firm, Cede & Co. is the registered owner. You as the shareholder are the beneficial owner. That means that the benefits, rights and privileges associated with the shares are owned by you.
+
+Directly from the DTC website: “When an investor holds shares this way, the investor’s name is listed on its brokerage firm’s books as the beneficial owner of the shares. The brokerage firm’s name is listed in DTC’s ownership records. DTC’s nominee name (Cede & Co.) is listed as the registered owner on the records of the issuer maintained by its transfer agent. DTC holds legal title to the securities and the ultimate investor is the beneficial owner.”
+
+[https://www.dtcc.com/settlement-and-asset-services/issuer-services/how-issuers-work-with-dtc](https://www.dtcc.com/settlement-and-asset-services/issuer-services/how-issuers-work-with-dtc)
+
+\* Note that if you trade through a brokerage through a margin or lending agreement (ahem, Robbinghood), then you might not own the shares but a contractual claim to the value of the shares subject to all terms and condition of your account with that brokerage.
+
+WHY IS THIS IMPORTANT? WHY DOES THIS MAKE A PRACTICAL DIFFERENCE?
+
+Because you own property – you don’t just own a contractual claim under an IOU. For those who think that the government will intervene, for example, where they would force shareholders to sell their shares or fix a price for their shares is not about settling an IOU – that would be more akin to expropriation of personal property (shares beneficially and properly owned forcibly transferred for a fixed price determined by the government – in the case of non-US shareholders, a foreign government). That does NOT mean that is the only way the government could intervene, of course not. There are many options available to them, including printers going brrr to cover the obligations of the systemically important market participants so that market integrity is preserved and in that case the GME shareholders name their price and sell to the extent necessary for all shorts to cover.
+
+If you think you just hold an IOU, then you have discounted the value of your rights as a shareholder and your ownership of your property. You are an owner of GameStop. Full stop. Any naked short selling that created shares not properly issued by GameStop does not minimize the rights that you have as a shareholder. It does mean that ALL SHORTS MUST COVER.
+
+So, what price will you get for your shares? The price at which you agree to sell and there is a buyer that agrees to purchase (whether because they are forced to due to margin call obligations or otherwise).
+
+🚀
+
+TL;DR - If you purchased GME shares, you own those shares. Even though Cede & Co. are the registered owners, you are the beneficial owner. This means you have property rights and rights as a shareholder - think of the rights you have to your property, generally speaking the government can't just come and take your property. If you accept the narrative that you only have an IOU, you are settling for lesser (contractual) rights.
+
+This is also not legal advice or financial advice.
+
+Edit: Grammar/spelling tweaks.
+
+Edit 2: Added TL;DR
+
+Edit 3: I've received a few comments that I'm missing the point of attobitt's DD. To be clear, I'm not posting this as a counterpoint to his DD. The intent of my post is simply to clarify the term IOU (which implies contractual rights) versus the reality that the shares are in fact owned (which is a property right with stronger claims at law). It is more of a clarifying statement on the nature of share ownership. I say counterpoint, because I've seen the IOU concept taken out of context and misunderstood as a result. (Also set out at the beginning for visibility)
+I understand all the three are accessible with python api. TDAmeritrade have python packages/user guide.
+
+As title says which of the three are really good at python interface and also for faster performance?
+
+Not trying to do day trading, but swing trade I would like to try.
+
+I have linux platform (no front end x-windows) for interface.
+
+Thanks in advance.
+While Algo trading in general asset classes such as equities, FI, derivatives, etc are popular, there are many people who do algo trading in sports. I believe there is a lot of potential in form of market anomaly in Sports betting. While I read some research papers, they are very basic and I have not come across any paper/article establishing strong statistical model which describes at least a set of games. My intuition says there has to be mathematical models that apply categorically on matches of different sports. Does anyone have any lead on this in terms of research paper or articles or books or perhaps personal experience?
+How were your stocks this week? What you buying and selling? What were your best plays?
+
+Remember this is a community to learn.
+
+**Downvotes are discouraged**
+
+**Sort by New to find the best daily play**
+
+Add 🚀🚀🚀 if you serious
+How were your stocks this week? What you buying and selling? What were your best plays?
+
+Remember this is a community to learn.
+
+**Downvotes are discouraged**
+
+**Sort by New to find the best daily play**
+
+Add 🚀🚀🚀 if you serious
+Details: we have 6k in the bank that we just began saving around February. I don't work and stay with my child. My husband makes around 20/hr and is getting a raise soon. What can we do to lower the price, or what is an alternative on how to save money faster to recuperate our loss of the 3.5k? We wanted to get a home, but this is going to push us back. 
+
+Any advice?
+
+
+Edit: I only posted expecting some advice. But I didn't think there is so much help. I'm so sorry I tried to read and reply to most. I thank each and everyone of you. Thank you so much!!!!
+I was wondering if any of you have stock tickers of listed small cap companies that are worth investing in. I am in belief small caps are laggers and have a lot of room to gain.
+Value investing tells us to buy companies when they are a lot cheaper than intrinsic value.  
+I'm looking into MSFT. The price is way above intrinsic value.   
+However, a lot of people consider it a "safe bet".   
+I am struggling to see how even in case of a market crash MSFT will go substantially below intrinsic value.  
+Would you buy a company above intrinsic value, or potentially wait for years or maybe even forever?
+Is there a good book you would recommend for someone without a financial background to read up on before reading the intelligent investor to get a better understanding of it? 
+
+I intend to read both the intelligent investor and security analysis by Benjamin Graham. 
+
+Thanks
+Hi! I’m looking to start reading the intelligent investor but I would like to learn about basic accounting (reading and interpretation of the 3 statements) first. Are there any resources you guys would recommend?
+What’s the best definition of “lose” in Rule Number One?
+
+I’ll propose that it’s best viewed as a standard, not a rule, and that it does not prescribe any specific conduct in any specific situation.
+[Gamestop may be heading to the Metaverse](https://preview.redd.it/o1ini6sxetw71.png?width=1946&format=png&auto=webp&s=c904f9b756e591a415e28fe8ca23ae4de9e50888)
+
+Hello Apes!
+
+For a long time I thought Gamestop was building an NFT marketplace.  This would be where they could license music, games, original content and anything else that can be plopped into an NFT for sale and resale.  I thought they would be going this on a zkRollup (zero knowledge rollup) which means the whole crypto side would be invisible to the end user.  This alone would be amazing!
+
+​
+
+But then I got to thinking....  These are all things people can DO.   But where are they going to do it?
+
+ I saw this 60 Minutes video on the metaverse and it all clicked:
+
+[https://www.youtube.com/watch?v=ANO29CzQXUA](https://www.youtube.com/watch?v=ANO29CzQXUA)
+
+​
+
+Holy shit.   Remember Moon Jam?  I think that was just a test run and an appetizer of what they're building.   That NFT marketplace?  It's going to be on the BACK END and invisible to the end user.  You won't need to know about gas fees or tokens or network protocols or wallet setups.  I think they're going to bring it mainstream in a Metaverse digital world project!
+
+​
+
+A simple launcher and app with your digital holdings tied to your GME account will suffice.  The app will have digital wallet like features, but the barriers to crypto entry will be gone.  You simply won't even see them.  I think the other user who said ERC20 + ERC721 standards are the 741 that Gamestop is working to create on an L2 zero knowledge platform.  All of it will also be accessible inside the metaverse like an inventory sheet for you to sell or trade.  They can make their own digital currency for within the digital space  that convert from dollars without any of the crypto marketplace hassle.
+
+​
+
+A GMErica digital world, where you can socialize, play games with friends, buy/trade/sell NFT art, avatars, songs, and any other user created content!   Power to the Creators?  Hell yes!  Anyone will be able to create things just like anyone can upload a video to youtube!  Even publishers will be able to create and license games for sale and RESALE.  Everything we thought GME was going to do, they can do in their own digital world.  Publishers and indie game studios would be all over this if there's a small resale fee that goes back to them as part of a support and licensing contract because digital ownership will be nonfingable and trackable in a way that's invisible to end users.  There's a feast coming, and everyone at every step of the way gets fair market tendies!
+
+​
+
+Are you jacked?  I can't wait to go down the rabbit hole and get jacked into the GMEtrix.  Holy shit, GME doesn't even need to squeeze to rain tendies on all of us.
+Getting to FatFire is a combination of luck and skill.  Both of those are affected by the seminal experiences that we face in our path to get there.  For me, there were extreme highs and lows that I went through that informed my current decisions.  If I were to identify them today they would be:
+
+The high:  Jan 2, 2000.  The dot com era was booming and dot com parties were beyond belief.  Everybody was making insane money (paper gains) and the turn of the millennium ushered in a feeling of peak optimism.  I was going to retire in a handful of years, or so I thought.  I picked Jan 2, because that is when I was recovered from my hangover from the New Years Eve party and the fear of the Y2K computer problem was proven to be overblown.  We were a few months from when the dot com bust started and 21 months from 9/11.
+
+The low:  I won't identify the date, but it was in the dot-com bust and my business failed suddenly.  I realized that I had personal liability and that the creditors were going to come for me.  I could have cashed out earlier, but didn't because I was caught up in the euphoria.  My co-worker had, at one point, held $20M in stock in a tech company, left work, didn't sell, and had to go back to work.
+
+Those experiences informed how we approached the recent tech bubble.  The optimism of the highs need to be tempered with the reality that extreme movements usually correct themselves.  Experiencing the lows makes you value securing the win more.  This time around, we scaled out over time despite the tax hits and the constantly rising markets.  I now understand that the experience from more than 20 years ago, including massive failure, allowed me to overcome the basic human desires we all face.
+
+I am interested to hear your experiences and how they refined the way you think today.
+That's all I have to say. This is so obviously the key to the MoASS, *Citadel broke their 9 month silence* to draw attention away from it.
+
+Yes, Ken Griffin belongs behind bars, but anyone with even the faintest wrinkle understands how idiotic and suspicious these tweets really are. They haven't tweeted since the gamma squeeze in January, and *now* they decide to say something, once DRS gains massive momentum?  Either they *really* want a distraction, or the Citadel wall is starting to crack.
+
+I'm just going to keep laughing as the SHF's show how bad their hand really is, and keep collecting shares that *I* own.  Because I like this company, and this stock.
+**Remember the last time he bought in?**  Last I checked, our chairman can still buy more shares.  
+  
+Not sure if there are restrictions for him before the cutoff date.
+
+Not sure if the number of shares available for him to purchase quadruples after the splividend.
+
+Either way, the man likes having skin in the game, and there is more skin for him to have -- and we know he likes to make an impact.
+I think in a relatively near future, Google will be able to solve any mathematical problem used in crypto in a matter of minutes.
+
+Bitcoin's mining system is based on a mathematical problem solvable in exponential time, which is comparable to a simple linear time algorithm for a qComputer iirc.
+
+How would you avoid the Google's supremacy over cryptocurrencies? 
+
+What kind of algorithm is solvable in exponential time for a quantum computer?
+Credit to /u/adrewskiortwoski for catching this. 
+
+>9 SEC. 13303. LIKE-KIND EXCHANGES OF REAL PROPERTY.
+>10
+>
+>(a) IN GENERAL.-Section 1031(a)(l) is amended by
+>
+>11 striking "property" each place it appears and inserting
+>12 "real property".
+
+https://www.washingtonpost.com/apps/g/page/business/read-the-senate-tax-bill-released-friday/2264/ See Page 172
+
+**ALSO VERY IMPORTANT -- FIFO MAY BE FORCED UPON US:** See Page 254/255. A new subsection is added (e) to Section 1012
+
+>(a) IN GENERAL.-Section 1012 is amended by adding at the end the following new subsection:
+>
+>(e) COST BASIS OF SPECIFIED SECURITIES DETERMINED WITHOUT REGARD TO IDENTIFICATION.
+>
+>(l) IN GENERAL.-Unless the Secretary permits the use of an average basis method for determining cost, in the case of the sale, exchange, or other disposition of a specified security (within the meaning of section 6045(g)(3)(B)), **the basis (and holding period) of such security shall be determined on a first-in first-out basis.**
+>
+>(2) EXCEPTION.-In the case of a sale, exchange, or other disposition of a specified security by a regulated investment company (as defined by section 851(a)), paragraph (1) shall not apply.
+
+Section 1012 deals with taxation of property (crypto is currently classified as a property for tax purposes):
+>https://www.law.cornell.edu/uscode/text/26/1012
+
+Section 6045(g)(3)(b) defines a "specified security"
+>https://www.law.cornell.edu/uscode/text/26/6045
+
+(B) Specified security
+
+>The term “specified security” means—
+
+>* (i) any share of stock in a corporation,
+>* (ii) any note, bond, debenture, or other evidence of indebtedness,
+>* (iii) any commodity, or contract or derivative with respect to such commodity, if the Secretary determines that adjusted basis >* reporting is appropriate for purposes of this subsection, and
+>* **(iv) any other financial instrument with respect to which the Secretary determines that adjusted basis reporting is appropriate for purposes of this subsection.**
+
+Note the last clause.
+
+**This is likely a direct shot at crypto.** This means that government can and likely will force FIFO upon crypto. Tread carefully.
+
+Credit to /u/adrewskiortwoski for catching this. 
+
+>9 SEC. 13303. LIKE-KIND EXCHANGES OF REAL PROPERTY.
+>10
+>
+>(a) IN GENERAL.-Section 1031(a)(l) is amended by
+>
+>11 striking "property" each place it appears and inserting
+>12 "real property".
+
+https://www.washingtonpost.com/apps/g/page/business/read-the-senate-tax-bill-released-friday/2264/ See Page 172
+
+**ALSO VERY IMPORTANT -- FIFO MAY BE FORCED UPON US:** See Page 254/255. A new subsection is added (e) to Section 1012
+
+>(a) IN GENERAL.-Section 1012 is amended by adding at the end the following new subsection:
+>
+>(e) COST BASIS OF SPECIFIED SECURITIES DETERMINED WITHOUT REGARD TO IDENTIFICATION.
+>
+>(l) IN GENERAL.-Unless the Secretary permits the use of an average basis method for determining cost, in the case of the sale, exchange, or other disposition of a specified security (within the meaning of section 6045(g)(3)(B)), **the basis (and holding period) of such security shall be determined on a first-in first-out basis.**
+>
+>(2) EXCEPTION.-In the case of a sale, exchange, or other disposition of a specified security by a regulated investment company (as defined by section 851(a)), paragraph (1) shall not apply.
+
+Section 1012 deals with taxation of property (crypto is currently classified as a property for tax purposes):
+>https://www.law.cornell.edu/uscode/text/26/1012
+
+Section 6045(g)(3)(b) defines a "specified security"
+>https://www.law.cornell.edu/uscode/text/26/6045
+
+(B) Specified security
+
+>The term “specified security” means—
+
+>* (i) any share of stock in a corporation,
+>* (ii) any note, bond, debenture, or other evidence of indebtedness,
+>* (iii) any commodity, or contract or derivative with respect to such commodity, if the Secretary determines that adjusted basis >* reporting is appropriate for purposes of this subsection, and
+>* **(iv) any other financial instrument with respect to which the Secretary determines that adjusted basis reporting is appropriate for purposes of this subsection.**
+
+Note the last clause.
+
+**This is likely a direct shot at crypto.** This means that government can and likely will force FIFO upon crypto. Tread carefully.
+
+Hello,
+
+Just curious what is your rule for selling CCs on the stock you want to keep. Specifically what strike price do you choose if your are selling weekly or monthly? Do you go by Delta or % above the current price? I basically want to set it and forget it, but with in reason.
+I recently read this Forbes article and wanted to share my own experience. 
+25/M
+
+[LINK](http://www.forbes.com/sites/cameronkeng/2014/06/22/employees-that-stay-in-companies-longer-than-2-years-get-paid-50-less/)
+
+While the author of this article makes a number of assumptions in his model that I disagree with, the point remains that "job hopping" can help you achieve your financial goals significantly faster than scrimping and saving can. 
+
+I recently worked for a company where I was miserable. I had a manager who was a jerk, a workload that was unsustainable, and nothing I did was noticed or appreciated. I was given all the responsibilities of a manager, but was making less than the kids coming straight out of school despite being their 3 years. I had been a top performer for years but watched other people get ahead (oddly enough, they all happened to be related to the right people in the company). While my pay was way below average for my job and my responsibilities, that had little to do with my reasons for seeking employment elsewhere. 
+
+For 2 years I applied to companies. I applied almost everyday, to any worthwhile company I could think of. I applied for job after job, filling out the exact same information over and over and over. I had 6 interviews with very solid companies over these two years, but just couldn't get an offer. During this time, my interviewing skills got better and better, and the practice I think was invaluable. I finally got a seventh interview and nailed it. 
+
+Here's where I was shocked. They offered me 40% more than I was currently making. It was the same number I wrote for my desired compensation, so I did not attempt to negotiate, only because I thought it was extremely fair. I went from 50k a year (actually a less because it was highly tied to their stock which has tanked!) to 70k. They paid relocation as well. It would have taken me at least 15 years to get to that rate at my old company had I stayed. 
+
+Now I know my story it atypical, and that conservatively you should get at least a ten percent increase when changing jobs, but I think you should set the bar higher. Don't sell yourself short and tell them you want a 20% raise. If you have the skills they need and can command an even higher rate, don't be afraid to ask for what you think you can reasonably ask for! 
+
+I think job hopping should be recommended by every college in the country. It has drastically improved my ability to save money for the future and significantly changed my financial life for the better. I'm maxing my 401k now and can save almost 2k a month for a house someday. 
+
+Don't be afraid to see what else is out there!!! It might take 7 interviews but it's worth it!!!
+
+Oh, and I'm loving the new job. Night and day difference. 
+Hey all
+
+(Throwaway as I don't want personal details attached to my main account)
+
+As a recent grad (graduated in 2017), I've always been warned about switching jobs and companies too often at the risk of being looked as a job-hopper by potential employers. However, purely looking at things through a financial perspective, I have made large gains in salary and benefits by switching often and anytime a better offer has been presented. A timeline of of job history is below:
+
+* April 2017 - April 2018 (Company A): $63,000/year
+* April 2018 - May 2019 (Company A): $66,700/year
+* May 2019 - June 2020 (Company B): $82,500/year
+* June 2020 - June 2021 (Company C): $105,000/year
+* June 2021 (recently joined Company D): $166,000/year
+
+I'm not sure if I've just gotten lucky with the companies that I've interviewed with, but Companies B, C, and D never went in-depth on the reasons why I'm leaving or why I had only stayed for a short time. Apart from the standard question of what I'm looking for in my next role, no company I've interviewed with has given any negative impression of such short tenures.
+
+Unless I really, really like Company D such that I have no incentive to look anywhere else, I will probably be following the same M.O. and begin to start interviewing elsewhere in about a year's time just to see if another 30-50% salary increase is out there. I am by no means recommending the same for others, but just presenting anecdotal data to showcase what *can* happen by switching often.
+
+Happy to answer any questions others may have!
+I would love to read any comments on this ETF. 
+
+Some things I’m interested in:
+
+1) The benchmark (Solactive Global Technology Leaders Index)
+
+2) Diversification and Risk
+
+3) How it compares to other ETFs that seek to track innovative tech (e.g, ARKK)
+
+4) Concerns of a tech bubble
+What’s the best way to find a private driver who is reasonably comfortable with kids? Our approach in the past has been to hire nannies for this task but on average, they don’t appear to be quite so good at driving safely vs the typical childcare roles.
+
+As the kids are getting older, I think I’d want better at driving, less good at childcare for optimal safety, so I’d love to hear your experiences. I’m also curious what a reasonable wage would be (do drivers have to be W2 or 1099?).
+
+Edit: SF Bay Area for wage estimates
+I'm a bit new to this, and I just want to know how you guys actually find your penny stocks, and then how do you separate the ones worth investing in? Do you just find a stock at random and then research it?
+I bought a house in Florida with my BF when I was 22. Fast forward we broke up and I was leaving the state so we agreed he'd keep the house, pay the mortgage and I'd eventually sign my half of the house over to him. 
+In the years since I'd brought up going ahead and getting my name off the mortgage, but he passed away this fall before that happened. He didn't have a will and since I was a co-owner it won't go through probate - I now own the home outright. 
+His parents are paying the mortgage and are in the process of looking for a lender so they can buy the house (for the amount still owed to the bank - I do not want to make any money off of this home and I will not budge on this so please don't try and convince me otherwise).
+So my question is do I need to do anything different on my 2021 taxes? I believe he had been claiming the house to get a tax break, but since I don't live there I'm assuming I cannot do that. I feel like I don't need to do them different, but I wanted to make sure so I don't mess it up and make this whole process more complicated once his parents find a lender and are ready to buy. 
+Thanks!
+
+UPDATE: thank you all for the advice and kind words. I'm reading everything, but we're now reaching enough comments that I won't be replying to everyone. What I'm taking away is that I shouldn't have to do anything different for MY 2021 taxes (his parents/estate still need to make sure his 2021 taxes are filed) but when it's time to make things official for them owning the home, we'll be hiring a CPA who can help navigate the sale and 2022 taxes.
+39M
+1.2M Net worth
+
+Recently been noticing I’ve having issues with money but can’t keep perspective if these are real issues or not. 
+
+Usually I talk with friends or family but I’ve kept a pretty low profile on my financial success.  I let the people closest to me know I’m doing pretty well but they don’t know the extent (not that I’m Bill Gates or anything lol).  I guess because of this I feel pretty lonely with FIRE at times.  Feels like a secret I’m keeping from everyone which feels weird.
+
+When you don’t have any peers that are at the same level financially and don’t have a significant other, who do you guys talk to?  Is therapist only option I guess or does everyone just unload on forums like Reddit?
+I want to start off this post by saying that I am not a financial advisor.  All of this should be taken with a grain of salt.  Do your own research to back up beliefs you may have about the stock that you like.  I will site sources I used at the end with links.
+
+I heard a couple of people, including Pixel, mention a few things about VIX, which is a volatility index that was created back in 1993 with the goal of giving real time analysis to market expectations of possible near-term price movements of the market.  Pixel was the first person I heard personally that mentioned it as something to look at for a guideline of market sentiment.  So occasionally I would sneak a peek of what was happening based of sentiment I could feel from r/GME and r/Superstonk.
+
+Then yesterday, 5/4, I decided to check it again.  Needless to say, my tits were jacked.
+
+Open up a banana and crack open a cold Fresca, cause it's about to get deep MF.
+
+Before I get into all that though, I want to give you a little background on VIX and why we can view it as reliable for predicting short term price movement based off historical data and major historical events.  Then we will see if VIX has any correlation to price movement in GME and see if we can predict any possible events that may be coming (aka when moon).
+
+So first some background.
+
+Vix was created back in 1993 by Cboe (originally known as the Chicago Board Options Exchange (CBOE) which changed its name back in 2017.  The Cboe was founded in 1973 and is the world's largest options exchange.  Really what VIX calculates is not volatility but instead the expectation of possible future volatility or implied volatility.  Originally when it started it took into consideration the implied volatility of 8 separate S&P 100 put and call options but then expanded in 2002 to the S&P 500 for more accuracy.
+
+So how does this whole thing work 🦍?  I'm glad you asked.
+
+Two methods are used.
+
+1. They perform calculations based on historical prices over a specific period of time.  Basically they find things like an average, mean, variance, and historical deviation on the data sets.  This allows them to calculate the risk.  Any time you want to know the future of a stock, you can go off the baseline of what it's done in let's say the last couple months and go off of that.  So they do that and take past data to find future implied volatility.
+2. They infer that value of the stock based off of option prices.  Option prices are made according to the probability of it reaching it's strike price before it expires.  So to calculate the price of these options in most cases, the possibility of it reaching that set price is represented by a volatility factor and dictates the price of such options.  Since option prices are available to the open market, they are able to be used for data.  Boom, more data to show movement in pricing or implied volatility.
+
+Okay so you grew a few wrinkles right?  Now how accurate is this fancy thing?  Get ready to look at some data with me.
+
+I poured over some historical data correlating to historical events.  [Here is a link to the raw data.](https://cdn.cboe.com/api/global/us_indices/daily_prices/VIX_History.csv)
+
+Here's some examples.
+
+2001 WTC Attack in NYC
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+08/31/2001,25.310000,25.470000,24.410000,24.920000 09/04/2001,26.110000,26.170000,24.190000,25.850000 09/05/2001,26.220000,27.370000,26.220000,26.350000 09/06/2001,27.230000,28.730000,27.230000,28.610000 09/07/2001,29.890000,31.300000,28.920000,30.990000 09/10/2001,33.110000,33.340000,31.840000,31.840000 09/17/2001,43.200000,44.330000,39.770000,41.760000 09/18/2001,41.070000,42.170000,38.870000,38.870000 09/19/2001,37.880000,44.260000,37.500000,40.560000
+
+Literally before 9-11-2001, they were showing implied volatility and then there was a massive jump on recorded date, 9-17-2001.  The stock market was closed until 9-17 due to the worry for panic selling. On 9-17-2001, the Nasdaq Composite index fell by 6.8%.
+
+The Stock Market Crash of 2002
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+07/01/2002,25.710000,27.160000,25.630000,27.110000 07/02/2002,27.560000,29.780000,27.560000,28.960000 07/03/2002,28.880000,31.030000,28.760000,29.420000 07/05/2002,27.300000,27.300000,25.680000,27.110000 07/08/2002,28.540000,28.780000,27.880000,28.250000 07/09/2002,27.960000,30.340000,27.790000,30.220000 07/10/2002,31.400000,34.170000,30.770000,34.100000 07/11/2002,34.420000,36.350000,33.850000,33.850000 07/12/2002,34.300000,34.300000,32.410000,32.940000 07/15/2002,35.070000,38.380000,34.860000,35.030000 07/16/2002,35.970000,36.820000,35.200000,36.650000 07/17/2002,34.250000,36.730000,33.620000,35.450000 07/18/2002,35.200000,35.420000,33.450000,35.120000 07/19/2002,36.420000,38.170000,35.980000,38.170000 07/22/2002,39.130000,42.580000,38.570000,41.870000 07/23/2002,42.270000,46.130000,42.050000,44.920000 07/24/2002,48.170000,48.460000,39.830000,39.860000 07/25/2002,40.650000,42.050000,38.890000,39.270000 07/26/2002,38.610000,38.800000,35.510000,35.510000 07/29/2002,33.890000,33.890000,31.190000,31.330000 07/30/2002,32.040000,32.770000,30.600000,31.920000 07/31/2002,32.780000,33.680000,32.030000,32.030000
+
+Again, showing steady and then increasing in implied volatility.  Well that July, The Dow Jones fell from it's March high of 10632.40 to 7702.30.
+
+2008 Recession
+
+Yet again, the VIX for almost the whole year went back and forth in the 18-22 range and then...
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/05/2008,24.540000,24.710000,22.970000,23.060000 09/08/2008,22.220000,24.060000,22.120000,22.640000 09/09/2008,22.690000,25.680000,22.580000,25.470000 09/10/2008,25.470000,25.480000,23.800000,24.520000 09/11/2008,25.380000,26.250000,24.390000,24.390000 09/12/2008,24.800000,26.670000,24.800000,25.660000 09/15/2008,25.660000,31.870000,25.660000,31.700000 09/16/2008,31.700000,33.700000,30.240000,31.540000 09/17/2008,30.250000,36.400000,30.250000,36.220000 09/18/2008,36.100000,42.160000,33.100000,33.100000
+
+UH OH.  Looks ominous.  \*insert Billy Mays' voice\* BUT WAIT, THERE'S MORE!!
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/26/2008,34.760000,36.400000,34.440000,34.740000 09/29/2008,36.920000,48.400000,36.920000,46.720000 09/30/2008,43.770000,43.800000,38.860000,39.390000 10/01/2008,39.390000,42.380000,39.390000,39.810000 10/02/2008,39.820000,46.480000,39.820000,45.260000 10/03/2008,45.220000,45.520000,41.510000,45.140000 10/06/2008,45.120000,58.240000,45.120000,52.050000 10/07/2008,52.050000,54.190000,47.030000,53.680000 10/08/2008,53.680000,59.060000,51.900000,57.530000 10/09/2008,57.570000,64.920000,52.540000,63.920000 10/10/2008,65.850000,76.940000,65.630000,69.950000 10/13/2008,69.950000,71.420000,54.690000,54.990000 10/14/2008,55.100000,59.810000,46.350000,55.130000 10/15/2008,55.690000,69.470000,55.690000,69.250000 10/16/2008,69.210000,81.170000,66.510000,67.610000
+
+Yeah, we all know what happened there.  Look at 9-29-2008.  The Dow Jones fell 777.68 in one day.
+
+Let's just look at one more shall we?  Something more recent.
+
+2020 Stock Market Crash
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/21/2020,17.330000,18.210000,16.190000,17.080000 02/24/2020,22.250000,26.350000,22.000000,25.030000 02/25/2020,22.190000,30.250000,22.190000,27.850000 02/26/2020,26.630000,29.570000,24.760000,27.560000 02/27/2020,28.950000,39.310000,27.790000,39.160000 02/28/2020,42.020000,49.480000,39.370000,40.110000 03/02/2020,34.860000,43.770000,31.500000,33.420000 03/03/2020,33.640000,41.060000,24.930000,36.820000 03/04/2020,34.440000,35.580000,30.300000,31.990000 03/05/2020,33.610000,42.840000,33.540000,39.620000 03/06/2020,41.460000,54.390000,40.840000,41.940000 03/09/2020,41.940000,62.120000,41.940000,54.460000 03/10/2020,49.680000,55.660000,43.560000,47.300000 03/11/2020,52.240000,55.820000,49.980000,53.900000 03/12/2020,61.460000,76.830000,59.910000,75.470000 03/13/2020,71.310000,77.570000,55.170000,57.830000 03/16/2020,57.830000,83.560000,57.830000,82.690000 03/17/2020,82.690000,84.830000,70.370000,75.910000 03/18/2020,69.370000,85.470000,69.370000,76.450000
+
+Guess what happened on 2-28-2020?  The Dow Jones and S&P 500 each lost 4.4%.
+
+Okay you got the picture now.  VIX is almost scarily accurate with predicting implied volatility.  Which led me to investigate, what is it doing with this entire GME situation.
+
+Lets take a look
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+01/21/2021,21.340000,22.220000,21.090000,21.320000 01/22/2021,22.240000,23.730000,21.270000,21.910000 01/25/2021,22.310000,26.630000,22.200000,23.190000 01/26/2021,23.910000,23.940000,22.550000,23.020000 01/27/2021,23.820000,37.210000,23.710000,37.210000 01/28/2021,33.250000,36.290000,27.390000,30.210000 01/29/2021,35.160000,37.510000,29.240000,33.090000 02/01/2021,31.450000,33.960000,29.030000,30.240000
+
+Do you know the date of the first tiny short squeeze?  That's right.  It started rising on 1-26 and was reaching its peak before being shut down and plummeting after 1-29.
+
+The same thing for our rise to 270
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/19/2021,23.10, 23.190, 20.84, 22.05 
+
+02/22/2021,24.460, 25.090, 21.96,2 3.45 
+
+02/23/2021,22.820, 27.01, 22.50, 23.11 
+
+02/24/2021,23.760, 25.04, 21.310, 21.340 
+
+02/25/2021,21.730, 31.16, 21.52, 28.89 
+
+02/26/2021,28.73, 30.820, 25.230, 27.95 
+
+03/01/2021,25.200, 25.39, 23.17, 23.35 
+
+03/02/2021,23.58, 24.60, 22.80, 24.1 
+
+03/03/2021,22.80, 26.790, 22.45, 26.67 
+
+03/04/2021,26.520, 31.90, 24.90, 28.57 
+
+03/05/2021,29.40, 30.03, 24.33, 24.66 
+
+03/08/2021,27.61, 28.39, 24.07, 25.47 
+
+03/09/2021,25.11, 25.250, 22.90, 24.03
+
+We had that big quick jump on 2-25 to 170.45, then on 3-4 was the start of our rise upward.
+
+So now we've proven that it correlates to GME rapid price movements, probably because of GME's negative beta affecting the broader market and the S&P 500.
+
+Which leads me to why my tits are jacked.
+
+5-4, there was, at it's peak for the day, a 19.06% increase in VIX for a high of 21.80.  With a lot of this sideways trading, the implied volatility has dropped considerably.  Here's the data.
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+4/09/2021,17.05, 17.34, 16.20, 16.690 
+
+4/12/2021,17.43, 17.910, 16.81, 16.910 
+
+4/13/2021,16.990, 17.86, 16.43, 16.650 
+
+4/14/2021,16.71, 17.690, 15.38, 16.9
+
+4/15/2021,16.780, 16.920, 15.940, 16.570
+
+4/16/2021,16.650, 16.88, 16.050, 16.25
+
+4/19/2021,17.040, 18.610, 16.78, 17.29
+
+4/20/2021,17.360, 19.70, 17.24, 18.68
+
+4/21/2021,18.48, 19.29, 16.91, 17.50
+
+4/22/2021,17.280, 19.90, 16.990, 18.710
+
+4/23/2021,18.560, 18.780, 16.80, 17.330
+
+4/26/2021,17.94, 18.17, 16.87, 17.64 
+
+4/27/2021,17.62, 18.160, 16.97, 17.56 
+
+4/28/2021,17.47, 17.84, 16.77, 17.6
+
+4/30/2021,17.67, 19.25, 17.64, 18.61 
+
+5/03/2021,18.65, 19.12, 17.8, 18.31
+
+You see how low VIX has been even and it's peaks?  Now there's a pretty sizable jump in implied volatility.  I'm keeping an eye on VIX from here on out that's for sure.  (It's able to be seen on Yahoo Finance and you can follow it right along with GME.  Not sure how else but that's the easiest way I've found)
+
+Now time for my opinion on what we could possibly see.  This is purely speculation and just my thoughts.
+
+After looking at all the historical data, my thoughts are that anything over 30 for VIX is significant.  But really it's not about those big jumps, because those are just days that there is massive movement.  It's really about those days leading up and seeing a steady climb in VIX that's telling.  I personally think that whatever is about to happen is going to bring a massive market crash, larger than at least the one last year.  I feel that if we see VIX rise past the 24-26 mark for a high on the day, and stay around there for maybe 2 or more days (May not even be needed.  It could be a major quick jump, like a rocket launch?), then it's about to go down.  THAT is why my tits are jacked.
+
+TL;DR: Please just try to read the most you can because it's pretty awesome to see.  The VIX shows the implied volatility for the markets based off the S&P 500 and can accurately predict major movements that will happen in the market.  VIX has a direct correlation with GME rapid movement.  Today there was a massive jump in VIX.  I predict more to come.  Just buy, hodl, vote.  
+
+Ground Control to Major Tom....
+
+🚀🚀🚀🚀🚀
+
+[VIX Historical Data](https://www.cboe.com/tradable_products/vix/vix_historical_data/)
+
+[VIX Volatility Chart](https://www.macrotrends.net/2603/vix-volatility-index-historical-chart)
+
+[Info About What VIX IS](https://www.investopedia.com/terms/v/vix.asp)
+So current situation. I have a multi, (4 unit house) owe 130k market value about 400k. Then I have my home. Owe 150k market is at least 260k but on average properties in my area are selling 60-80k over right now. Rental income when all units are filled is 4200.00.
+
+I live in the Buffalo area. The rental property is in an extremely popular area that had a huge price increase about 10 years ago and it has probably peaked. My current home is in a suddenly hot area, a small "suburb" adjacent to another really hip trendy neighborhood that we tried to buy in originally in 2014 but got out bid by 30-50k on everything we offered back in then. So we settled here.
+
+I don't love my home but there's certainly nothing comparable out there for less than 300-400k.
+
+I was thinking about selling it and just moving into one of the units in my rental property. My mom would move into another (she lives with us now and it's... An experience). It would be a substantial downsize for us to move into a 2 bedroom apartment from our 4 bedroom home  but I guess I'm thinking other than the major pain of moving this may be overall a  low risk.move? The market might not get much better for buyers but can it get much worse?? If at minimum a correction is coming or at worst a bubble bursting, would this be the best way to dump.thebhouseni don't love and use the money to pay off debt, save up and then buy a more favorable home in a a few years?
+
+I'm sorry if this is super obvious. I have been struggling with this decision for over a year and considering the other options of keep current primary  house and try to like it more, sell and buy probably an overpriced nicer house which I'm terrified of being underwater on. Buy a double(again overpriced) with my mom taking a unit and us taking one but with more.room (a 3/3 ideally).
+
+A bit more info:
+I bought the rental property from family in 2016 and actually have really sucked at managing it, not because of poor demand but more because I have so little time to get over there and make repairs and get units ready between tenants because of my full time job and i seem tobe clueless for finding reliable.people.to do repairs/upgrades. I have been turfing a lot to my husband who just isn't interested/motivated and i just wasn't confident in my own property management skills but I am SO ready to learn!!
+ If we moved in two of the units  we would lose about 2k in rent but right now the units are empty anyways so...🤷
+
+TLDR:
+Considering selling primary home in this hot market (cause i think i want to sell it anyways)  but just staking out in one of my rental units until we see if a correction/bubble burst is on the near horizon. 
+
+Thanks for any advice or suggestions!
+I have a final interview for a role similar to my current job coming up that is completely remote. My current job has no remote flexibility (due to my boss, not due to the organization or role itself) which is something I seriously want. I commute about 25 minutes each way which I hate, and I also don't particularly like my job. The new job also has twice as many vacation days and offers sick days which I don't currently have. The big downside is that I currently make $52,000 per year and the new job would be $44,000 with no room for negotiation. Does anyone have any advice? My heart says new job if offered but my brain says that $8,000 difference is pretty huge.
+So I am a 3rd year college student on my way to completing an economics degree in five years. I have taken calculus 2, I'm in a stats class now, and have a decent understanding of mathematics. 
+
+I want to pursue a career in finance, but I don't think I will get much of an education in financial mathematics with my economics degree. Sure I'll take some financial banking classes, but I don't think I'll learn a whole lot of finance math. 
+
+My question is, where can I learn financial mathematics online? Or is there something else I should focus on learning? Thanks guys, any help is appreciated!
+I just spend some time researching Tether. For those who don't know this crypto is supposed to be pegged to USD, such that 1 tether = 1 USD. This is done by storing a USD amount equal to issued Tether amount on a bank account.
+
+It's hard to find information about the Tether company. I managed to find whom I thought was the current owners. But after checking their linkedin profiles, I found that they are not the owners anymore. Guess who is ... Bitfinex. (see the summary in Reeve Collins profile https://www.linkedin.com/in/reevecollins). 
+
+Currently you can't cash out Tether at tether.to. Makes sense now. 
+
+This could have very serious implications if Bitfinex ends up bankrupt, depending on the exact ownerstructure. 
+
+Currently this information seems unknown to the market since USDT crypto prices at Poloniex are close to USD prices, not factoring in the obvious risk.
+
+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.  
+Hi there!
+
+I'm a Portuguese tax resident that got a freelancer contract for a US company for 6k$ a month. 
+
+In portugal I need to pay ~40% of my income in taxes. 
+
+I was thinking about opening a Bulgarian Company to bill the US company while living in portugal and then in a few years for now,  go get a Bulgarian visa and cash out the money from the company and pay taxes there. 
+
+In the meantime, I would get a Visa/Mastercard to pay for some basic expenses.
+
+Is this possible to do ? Does anybody recommend any other jurisdictions ?
+
+
+Edit: I truly believe in paying taxes. I'm the outcome of a system and I want to contribute to that system in the form of taxes. However, 40% of my income in not a taxation... its theft! I never asked how to avoid taxes. Just how to lower/postpone them.
+I was under the impression that if I bought my flat and it went up in value then when I remortgaged in 2 years the repayments would be a lot more attractive as more of the loan would be deemed to have been ‘paid off’ but now people are telling me different.
+
+Point 2: or would I be able to pull this new equity out to buy another place for instance? (Not necessarily planning to)
+
+Background: about to buy a flat at 380k with a 90% LTV, going to be fully refurbishing it and living in it for at least 2 years (2 yr fixed rate). For argument sake and judging by similar properties, imagining it will rise to 525k.
+
+Thanks for your help!
+Sample Letter
+
+ESMA is looking for responses from Central Counterparties (CCPs, like NSCC), Central Securities Depositories (CSDs, like DTC) and their member participants (basically, banks and brokers). They are not specifically addressing these questions to the general public, although "[a]ll interested stakeholders are invited to respond." The deadline for comments is September 9. The Consultation Paper and the Reply Form are available here. You will need to download the Reply Form, insert your responses and then upload that file to the same page. And, yes, they are not making it easy!
+
+With that in mind, here is my suggestion for a response that a) addresses the specific questions they are asking and b) includes points important to household investors.
+
+Q1: We do not support removing the special process. The CCPs are in the best position to identify the parties that fail to deliver securities and/or cash for settlement. With the Unique Transaction Identifier, the CCPs will be in a position to identify the specific market participants who fail settlement. 
+
+Q2: We do not support the amendment suggested in Annex IV. Passing information about settlement failures post-netting and after the CCPs have interposed themselves between failing and receiving parties only adds a layer of complication to the calculation. This is not to say we disagree with the CSDs performing the funds movements; only that the calculation for collection must remain with the CCP responsible for novation and netting.
+
+Q3: We do not support the additional six-month delay after publication for application, in the event the amendments are approved. The reporting of settlement fails, and subsequent assessment of fines were delayed multiple times from the 2014 passage of the regulation. There should be no further excuse for delaying implementation that the EC intended to occur more than five or six years ago. Given that the amendment is already available, and that the CCPs and CSDs have already agreed to the processes described in the amendment, we see no need for more than 30-days post-publication for implementation.
+Welcome to the **/r/EthTrader** Daily Discussion thread. The thread guidelines are as follows:
+***
+
+-  Discussion topics include but are not limited to general discussion, details related to events of the day, technical analysis, Ethereum Classic, and minor questions.  
+-  Important content should be posted as a separate thread.
+-  Be excellent to each other. 
+
+***
+
+Thank you in advance for your participation. Enjoy!
+
+[https://youtu.be/QAmNjJRtLGo](https://youtu.be/QAmNjJRtLGo)
+
+It will be the best 45 minutes you spend today.  Lots of good perspective on privacy versus scale, private versus public chains, the overall investments being made into blockchain, how its being used today and what the future may hold.  What's even better is how obvious it is they are all about Ethereum, as seen in their references to sharding, snarks, L1/L2, casper, etc.  Sorry if this was posted earlier.
+A few hours after closing the accounts I was relieved that I couldn't sign in to their mobile app because I figured it meant that it was successfully closed.
+
+I accidentally/reflexively signed into the Bank of the West App a few weeks later while trying to look at my new bank's mobile app and was disappointed to get this screen:
+
+[https://imgur.com/AlAKSBl](https://imgur.com/AlAKSBl)(it says checking is $-70)
+
+5 minutes later I signed in again and got this o.0???????:
+
+[https://imgur.com/MTNqaYU](https://imgur.com/MTNqaYU)(it just says I have no accounts)
+
+It's back to the $-70 checking account right now and I wouldn't be surprised if the automatic monthly transfer from savings to checking that I had set up before I closed both accounts "overdraws" my closed account more.
+
+Slimy jerks don't put the word "closed" on the receipts:[https://imgur.com/jMljNW1](https://imgur.com/jMljNW1)
+
+\^\^I guess it's all my fault though since, even though the teller assured me at least 3 times it's closed, one of the receipts they gave me states "Transaction is subject to verification." \*eye roll\*
+
+​
+
+EDIT 1: Just got off the phone with a rep. Judging by the script they seemed to be following it was definitely a "lets stall and see if explaining the charge will get them to pay" tactic. After a heated but honest exchange of words they told me they could take off the overdraft charges but they couldn't take back the payments. Which isn't 100% fair (closed is closed and, by any measure of morality, it should be on me to settle debts with blocked parties) and it doesn't pay for my needlessly lost time and frustration. I'll have to close the account \*again\*. They said they will read a script to me to inform me this time that it takes 5 days to close an account and I replied "Well, that's better than the way it was handled last time." Overall, they were reasonable and I feel sorry that that is there day job. I might be over-reading their tone but I instantly thought "Was this person just crying" as soon as they picked up the call and started saying hello.
+
+​
+
+EDIT 2: Tried to transfer money to cover paid debts online.
+
+[https://imgur.com/6KR6zJf](https://imgur.com/6KR6zJf) (it says "External transfers are currently unavailable).
+
+Spent 30 minutes on the phone, 25 of which were on hold. Transfers suddenly work again but not 1 or 2 day ones, only 3 day ones. They will not close the account in the mean time with money incoming to cover debt. So, more overdraft fees incoming?
+
+​
+
+Edit 3: 4-5 days later, after paying for the debits to the account with zero balance but not the overdraft fees, I called back. The next phone rep contradicted the last one by saying they can't reverse more than one overdraft fee a year over the phone and they also can never close the account over the phone. So, I am ruining a half-day of work to go back to the branch I originally went to to close the account because, of course, their hours are 9-5 M-F. Hopefully, I'll be submitting my last edit to this Reddit post after that... ...hopefully. 
+
+On another note, a redditor who sounds legit, PM'd me saying they are BoW employee back around the time I first made this Reddit post. They say they want to help and asked for my account number if I was comfortable giving it away. I am not but hopefully giving them a heads up that I am coming into the branch today will help me. I don't think either of us knows of any protocol for verifying each other's identity when first contact was made over Reddit.
+I work in a plant and I will soon be promoted into a management position, so I'll be moving from hourly to salaried. At the moment, I work 8.5 hours with a .5 hour lunch. Salaried workers are expected to work from 7-5 daily with 1 hour lunches and in practice, no one takes the full 1 hour. 
+
+Is it a red flag to have 50 hour weeks set as the minimum expectation for salaried workers? Would it make a difference if I worked from 7:30-5 with a .5 hour lunch?
+
+I've never been salaried and I honestly hate the idea that I'm expected to be there 50 hours a week minimum.
+
+Edit: Responses seem to mostly point towards make sure the pay is worth it, be willing to say no, and that this is a stepping stone to bigger pay. Don't let myself get bullied,  and think about the long term career payoff. Thank you everyone!!
+Just discovered this gem that accompasses everything one would need to cover for trading. Thought you guys might be interested as well. Going to be applying this Jan in hopes to learn things I might have missed... Love the fact that I can force myself to sit in a class room instead of in my living room.. which i feel is always better than reading books alone.. But more importantly to expose myself to an environment with like minded trading individuals to network with. Always good to have peers in this market to bounce ideas off/from.
+
+It seems like most classes are just once a week so you can do two at a time (i.e. one was only at 6:30pm on Wednesdays while another was 12pm on Saturdays). I can imagine most of us can finish this in less than a year.
+
+Here is the link: [https://learn.utoronto.ca/courses-programs/business-professionals/certificates/financial-trading-option-strategies](https://learn.utoronto.ca/courses-programs/business-professionals/certificates/financial-trading-option-strategies)
+
+​
+
+It covers the following (copied from each course details)
+
+\-------------------------------------------------------------------
+
+# 0081 - Quantitative Methods for Business Management
+
+In today's competitive world, good business decisions must be based on accurate statistical analysis. If you can gather, correctly interpret and present compelling data, you can help your organization improve operational processes, increase revenues, direct new developments and retain valued customers. In this course, you'll learn the essential techniques for describing and measuring data and understanding probability concepts. You'll also explore standard sampling methods and hypothesis testing, linear regression, correlation, time series and forecasting.
+
+## What You'll Learn
+
+* Understand essential statistical concepts and techniques that lead to better decision-making and superior investment analysis.
+* Describe, measure and present quantitative data according to frequency, location and dispersion.
+* Recognize and apply useful probability concepts.
+* Become fluent in formal statistical sampling methods and their application.
+
+\-------------------------------------------------------------------
+
+# 2023 - Technical Analysis of Financial Markets
+
+This course teaches you how to make better trading and investment decisions through technical analysis. You'll learn about charting patterns, quantitative indicators and risk management techniques and undergo trading or simulation exercises that use real-life examples. You'll apply the techniques you learn using charting tools available on the Internet. If you are pursuing the Certificate in Derivatives Market Strategies administered by the Canadian Securities Institute (CSI), this course will help prepare you to write the Technical Analysis Course Exam.
+
+## What You'll Learn
+
+* Develop securities-trading strategies through chart construction and pattern recognition.
+* Apply the Dow theory and perform analysis through recognition of trend lines and channels.
+* Determine entry and exit points by using different quantitative indicators.
+* Apply trading tactics and risk management techniques to manage a stock portfolio.
+
+\-------------------------------------------------------------------
+
+# 2191 - Option Trading & Strategies
+
+In today's volatile stock markets, you need creative strategies and effective risk management techniques to build and trade successfully. This course teaches you how to price stock options and manage risks while maximizing your payoff. Simulated trading exercises emphasize practical techniques and strategies. If you're interested in pursuing the Certificate in Derivatives Market Strategies administered by the Canadian Securities Institute (CSI), this course will help you prepare to write the Option Strategies Course Exam.
+
+## What You'll Learn
+
+* Design customized option-trading strategies to magnify the trade payoff.
+* Apply the Black-Scholes option-pricing formula to price call and put options.
+* Analyze and compute historical and implied volatilities for different stock options.
+* Learn how to use sensitivity "Greeks" to measure and manage market risks.
+
+\-------------------------------------------------------------------
+
+# 2652 - Value-Investing Strategies & Fundamental Analysis
+
+Selecting strong stocks based on fundamental data is the first step in building a successful portfolio. This course uses case studies, discussions and presentations to teach you how to find undervalued companies based on their estimated intrinsic values. You'll learn how to estimate a stock's target price and draft an equity research report, and study strategies used by legends such as Warren Buffett and Benjamin Graham. The course will draw on research to build a database of potential investment picks.
+
+## What You'll Learn
+
+* Identify undervalued (fundamentally strong) and overvalued (fundamentally weak) companies based on their estimated intrinsic values.
+* Apply value-investing strategies and successful investment habits to your stock portfolio.
+* Calculate the intrinsic value of a stock using absolute valuation and relative valuation models.
+* Develop and present a professional equity-research report for your favourite stock
+Do you apes realize just how much this will blow up? Let me explain. The first pop in January, MACD crossed with 190 million-ish volume, lots of apes buying in. Stock fell to 40 then MACD crossed again and popped in March with a volume of about 100 million, then was followed by 30-60million volume until we consolidated to where the stock price is today. The volume is now at 8 million today, 6 million on average the past couple weeks. Now the MACD is looking like it is starting to cross. At 6 million volume, no one selling, imagine just how fast this thing can rally up when the short hedgies can't find anymore stock to buy. The stock price will gap up, and fast! The shorts must cover. I can't believe I'm living through history. Hodling for my family of apes. Love y'all see you on the moon🚀🚀🚀
+
+Edit: I'M JACKED TO THY TIDDIES🎩
+
+Not financial advice, not a financial advisor, this is my own opinion and I just like the stock, POWER TO THE PLAYERS!!!! Brrrrrrrrrrrrrr🦍
+Be prepared for an all out FUD campaign when the squeeze begins. Expect Reddit to go down, expect tweets and Twitter accounts to get reported in mass, expect live streams to be interrupted, expect chats to be infiltrated, expect absolute chaos. That’s what they want. Save all of your resources, stay organized, start calm. This is not financial advice. Do your DD. This community has been so wonderful and the camaraderie that has developed here over the past few months should be mentioned in history books as history is truly being made. Buy. HODL. Vote. To the Moon 🦍💎🚀🌝
+The past year was really, really tough. I think I made something like $7,000 last year. And I pay rent, and eat, and have a phone bill. I don't live at mom and dads. I'm 27.
+
+Honestly, I sponged more than I would have liked a lot. Even living an incredibly miserly life doesn't cut it when you're earning virtually nothing. But I have a huge amount of personal pride when it comes to borrowing money and I never allowed that to get ridiculous. The sum total of money borrowed is about $750 from various friends. I achieved this by basically doing nothing ever, and eating chicken soup 7 days a week. The weight of this debt was absolutely crushing me. The embarrassment of not being able to buy my own beer and having my friends check up on me all the time was just too much.
+
+They were really sympathetic, but they just don't understand the level of poorness. They don't understand what it means to be so broke that it's actually amusing that a monthly bank fee can destroy your plans of eating for the next 2 days. I mean, we're not students anymore. They've all got careers or at least well paying full-time employment. Being poor to them means not going out on both friday *and* saturday. So they invite you over ("don't worry, we'll supply the beer") but meanwhile you're having a panic attack because what if one calls you and asks you to grab a couple of lemons? They've never even considered that buying a lemon might be a supremely luxurious way to waste 50% of all the money you have in the world. Wait, can I even justify the bus fare? Maybe I could do the 2-hour walk and just apologize for turning up 2 hours late?
+
+Those are the friends who were really great though. Understandably, I pissed off some people along the way. I lost a friend who was a former housemate (he kicked me out). My current housemate had late rent delivered to him, and he was more than good about it. But he was still pissed off. My brother was sometimes covering my phone bill, and he has a young child and a single income. I felt fucking awful, and like I couldn't do anything about it. 
+
+So picture my lifestyle. I've set up the cheapest possible way of living - almost no money coming in, but very little going out. Tiny room, growing apart from friends all the time, becoming more depressed every day. I had completely forgotten what financial independence meant. And every day I had the fear of not knowing what the hell I would do when my already dying phone were to break, or my clothes all to wear out, or an unexpected bill to roll in.
+
+Anyway, a fortnight ago I got a new job. A proper career job. I went from $7k ("salary") to $58k salary.  They love me there, and I love the job. Last friday the first paycheck rolled in. I got square with my rent, I paid back nearly all of my debts. I went out with my friends and bought *them* their drinks. 
+
+And now I have enough to live on for the next fortnight without being a total hermit. And after that I will be completely fine.
+
+It's difficult to explain just how relieving that is. To think that I will have more money coming in in 2 weeks than I have seen in my bank account for nearly a year. 
+
+So now I don't take it for granted. Just because I *can* go out and buy breakfast for $60 doesn't mean I will. This is something I used to do when I had a job and no sense of responsibility. But I never want to be in the position again of being mortally afraid of what would happen if I get so much as an an unexpected $100 bill. 
+
+Anyway, just wanted to get that off my chest. I love this sub and read it every day. Until recently I felt powerless to take any advice from it though. 
+------------------------
+Edit: holy crap, typed this up on a throwaway account, went for a beer. Came back drunk to lots of karma and comments. Thanks guys!
+
+Edit 2: A lot of people are asking how I managed to survive on $7k, and how I managed to go from $7k to $58k so suddenly. 
+
+Part of the explanation for that is I guestimated the American dollars. I'm in Australia. I think the money I made last year was actually $12k in Australian money, but I tried to adjust for cost of living. I'm earning $58k Australian. It's a good entry level salary for an industry that I have a couple of years experience in.
+
+Why did I go for so long on such a small amount of money? Complicated situation where I was working with a (now former) friend and taking a director role. I was trying to make a business succeed that had failed a year before and I just didn't realise it. I was working a lot of hours, hoping that we would make that one or two big deals to change our pathetic lives into million dollar dreams. I learned a lot of lessons. Sure, I could have got a grocery job, but I wanted to make it happen. 
+
+So I was already quite well experienced for this industry, I just went from self-employment to working a 9-5.
+I will start off my discsussion using a couple of examples where investors/analysts missed the big picture and the company/stock has proven that they're much more than that.
+
+**Microsoft**
+
+
+In July 2013, Microsoft stock had the biggest drop of the century after reporting their earnings. The stock dropped because of investors disappointment in the Surface RT laptop. They ignored the biggest elephant in the room that is Windows Azure, now known as Microsoft Azure. Azure is Microsoft's cloud computing division and it has been the major growth driver for Microsoft. Of course, the CEO change from Steve Ballmer to Satya Nadella helped but Satya's vision was all about cloud computing and it was completely ignored by investors at that time. 
+
+https://techcrunch.com/2013/07/19/as-shares-fall-12-percent-microsoft-experiences-its-biggest-drop-since-2000/
+
+**Apple**
+
+Back in 2018, investors/analysts were focusing on iPhone X sales figures. Warren Buffett saw the big picture. Billionaire investor Warren Buffett said long-term investors of Apple’s stock shouldn’t obsess with near-term iPhone sales. “The idea that you’re going to spend loads of time trying to guess how many iPhone X are going to be sold in a three-month period totally misses the point,” he stated. His big picture was looking at Apple as a brand and its ecosystem
+
+https://www.cnbc.com/2018/08/30/warren-buffett-says-he-bought-just-a-little-more-apple-recently.html
+
+Look at where Microsoft and Apple stocks were then and where they are trading at now.
+
+
+**Intel**
+
+I'd like to use the same logic for Intel. It dropped 20% after the earnings call last quarter in July. The big picture  Intel's Investors/analysts are  missing is that they are ignoring this industry leader’s methodical transition into higher growth businesses and focusing solely on solvable supply chain problems ( 10 nm/7 nm transistor density issues). I will not be discussing the fact that AMD/NVidia are using 7 nm process and that Intel isn't. Also, the fact that TSMC will be on 5 nm by the time Intel fixes the 10 nm/7 nm node problems. Those are problems I'm well aware of and they have been beaten to death already. There is nothing I can add to that. I will talk about that later on but in the end as not the focal points. What I'd like to talk about and focus on is the data-centric transformation and its MobilEye division.
+
+
+**Data Centric Transformation**
+
+Intel in 2019 pivoted from being a PC centric business to a data centric business. The TAM of this is 250 billion dollars. Revenue in this business group has grown from 42% of revenue in 2015 to 51% of revenue over the TTM. While many business transitions result in periods of low performance, as firms switch focus from declining to new businesses, Intel has managed to grow its revenue by 12% compounded annually over the past four years as it better positions itself for future growth.
+
+https://channelbuzz.ca/2019/04/intel-emphasizes-data-centric-transformation-of-company-at-new-xeon-launch-30025/
+
+https://www.forbes.com/sites/greatspeculations/2020/08/18/put-your-chips-on-the-table-with-intel-corporation/#527d69d35951
+
+**Self driving business**
+
+Intel purchased MobilEye in 2015. It is now a wholly owned subsidiary of Intel . Mobileye has a plan to dominate self-driving. Self driving taxis and cars are a big growth business. MobilEye is in a great position to capitalize on this business. Mobileye says it shipped 17.4 million systems last year. Today, over 40 million cars have Mobileye technology installed, and our products have been selected for implementation in serial production of 313 car models from our 27 OEM partners by 2017 (compared to 36 car models across seven OEMs in 2010). Some of the partners include Volkswagen, BMW, Nissan, Ford. It also has partnered with NIO, a Chinese EV company which people have dubbed the Chinese Tesla.
+
+The firm’s acquisition of Mobileye strategically positions it to build out its driverless technology business as well. In just three years, Mobileye has experienced rapid growth, with revenue increasing from $210 million in 2017 to $879 million in 2019. Its share of automobile semiconductor sales increased from just 0.5% to 1.9% over the same time. If Mobileye continues taking market share in this fast-growing segment, Mobileye’s could provide a meaningful contribution to Intel’s operations, as it made up just over 1% of revenue in 2019. ResearchAndMarkets.com expects the autonomous/driverless market to grow 18% compounded annually from 2020 to 2025. Intel is positioned to grow with this new market.
+
+https://www.zdnet.com/article/ford-expands-partnership-with-mobileye-intels-autonomous-driving-business/
+https://www.theverge.com/2018/10/29/18039216/volkswagen-intel-mobileye-self-driving-ride-hailing-israel-2019
+https://newsroom.intel.com/news/mobileye-nio-partner-bring-level-4-autonomous-vehicles-consumers-china-beyond/
+https://www.forbes.com/sites/greatspeculations/2020/08/18/put-your-chips-on-the-table-with-intel-corporation/#527d69d35951
+https://www.engadget.com/mobileye-testing-autonomous-cars-germany-104521486.html
+
+
+**PC Business**
+
+This is the side of Intel most people immediately associate Intel with. Intel’s PC-centric business is not something to write-off. There is still a piece of the PC-centric market where Intel has an opportunity to grow: graphics processing units (GPU). Allied Market Research, expects the GPU market to grow from $19.8 billion in 2019 to nearly $201 billion in 2027 or by 34% compounded annually. For example, Intel is aggressively entering the discreet GPU business, which is about 80% of the current GPU market. The iGPU processors codenamed Tiger Lake just released September 2nd. Intel poached AMD's GPU guy Raja Koduri and nVidia's Tom Peterson. Intel hired engineers and marketing experts from Advanced Micro Devices and NVIDIA, the market leader in the space, to assemble a team to develop and rollout the firm’s Intel Xe GPU.
+
+Intel is also releasing entry level processors. The entry-level processors will be targeted at budget-tier laptops and fanless mini desktops when they launch in early 2021. 
+
+https://www.nextplatform.com/2020/09/02/intel-puts-its-xe-gpu-stakes-in-the-ground/
+https://wccftech.com/intel-jasper-lake-10nm-tremont-atom-cpus-leak-pentium-celeron-skus-2021/
+
+
+**7 nm/10 nm process**
+
+Since I have your attention until here - I'd like to say one final thing about this debacle. Lot of people assume that Intel's problems with this are due to complacency. Its not. Its due to Intel attempting to achieve and do something others have been unable to do, which is the exact opposite of complacency. Intel tried to use GAAFET for 7 nm when TSMC and Samsung warned Intel not to.  Intel was warned by TSMC and Samsung that the GAA-FET technique is too challenging to implement at this point in time, but Intel’s pride and persistence led it to stubbornly try and tackle the GAA-FET problem, until it finally conceded this July.
+
+I agree Intel fucked up here but the point I'm trying to make is that this was not due to complacency as widely believed. Intel has a lot of management problems, hostile work environment etc but complacency is not one of them.  Intel never got complacent about its objectives, but it may have gotten complacent about its approaches, methods, and processes.
+
+https://old.reddit.com/r/hardware/comments/i8qrx4/intel_exemployee_reveals_insider_details_on/
+https://www.dvhardware.net/article73530.html
+
+
+**Tl/DR; Post Summary / Post Script** : 
+
+I'm perfecty aware that AMD and nVidia are eating Intel's lunch and have better more powerful CPUs/GPUs. However, Intel is much more than that and its other divisions are what will drive future growth. Analysts and investors are missing this big picture.
+I am 24 living alone in San Francisco working for a tech startup since 2017, which has just been acquired by a much larger company.
+
+A lot of my compensation has been in stock options given to me when I joined years ago. When we became acquired they suddenly had value and I executed the options now worth \~5.2mm.
+
+What do I do now?
+
+I grew up very poor and as such my family has no experience with this amount of money. ( They are all living in much better conditions and are happy). I have absolutely no idea how to handle it or invest it. I'd really like to be able to buy a home in San Francisco, and this is surely enough, but I'm sure there is a better use of it.
+
+​
+
+​
+
+EDIT:
+
+First off, thanks for the sound advice, everyone is pretty much recommending the same things. ie. Get a good CPA, take some small amount of "fun" money, and invest the rest.
+
+Along with that, I also plan on funding the rest of my sibling's college ( I had already been doing this, but this will make it easier ) and paying off my parent's house. I have a very small family, so it's easy to help them all (just the 4 of us)
+
+I just wanted to add that this is pre-tax, so I do need to pay the taxes on the 5.2 which will leave me with \~2.6 (TBD after I meet with a CPA) and that's still loads.
+
+I also do plan on continuing to work for this company as the pay is great and I was granted 500k in RSUs in the new company, vesting over 4yrs.
+
+Overall I feel pretty happy and comfortable, I just need to be extra cautious about not becoming another post-lotto bankruptcy.
+I'm planning to do a BSc in math and computer science from mcgill, being an international, would this give me good quant-related job opportunities? I also have an offer from Math, operational research, stats and economics from warwick, however it would be very difficult to get a job in the UK after graduation.
+
+​
+
+Please share your views on this, i would love to know what you guys think of this.
+Hello all. With christmas around the corner i just wanted to share this new scam that my mother encountered yesterday so you can all be a bit more observant. She had been doing some christmas shopping on amazon and she recieved an email to her personal email that looked very legit from what appeared to be amazon emailing her to let her know one of the packages had been sent out and should arrive soon. The email then asked her to sign into her account using the link below so she could track the package. I just happend to be reading the email over her shoulder when she was about to click the link i told her to stop because i noticed that the dates were messed up. It said it was ordered on the 16th of December and shipped on the 19th of December when she recieved the email on the 17th. That date was literally the only thing out of place in that email and it did a great job of mimicking an offical amazon email, so keep your eyes open for that scam if you do any online shopping.
+
+Edit: i have been reading through all the replies but at this moment don't have the time to reply to every one so i am just adding an edit to the original post that includes the information alot of you have added. As many of you have said, yes clicking a link in an email is always to be avoided no matter how legit it looks, that's very sound advice everyone should heed, but the reason i made this post was because of how amazing the quality was that it honestly did not look like a scam in the slightest even to my step dad who spent years and years in the computer and programming industry as well as customer support for people targeted by scammers, the date being ahead of the real date was the only thing wrong with this email which is why it stands out to me. And others have said this has been around for a long time and it's just a regular run of the mill phishing scam which while technically true doesn't quite encapsulate why i felt it was a good idea to post about it. The reason this was stood out was how top notch the email looked, it looked 100% legitimate and had personal information about previous purchases included in it that she had actually bought that made it unbelievable in terms of accuracy, the date being wrong was legitimately the only thing about this email that indicated something was off, it was of stellar quality and not the usual hastily written sloppy attempt at finding some naive old person with no computer skills to click on the link, this email had real effort put into it which is why it stood out to me and made me decide to share about it. 
+
+Anyway, thank you all for taking the time to reply and share your thoughts, i wish you all a happy holiday.
+My bank let me open a traditional IRA account at 0.4% interest.  I was only to pony up $50 to open it, and hubby and I can only afford to put maybe $35-40 a month in it.  When it's worth $2,500 or more, then I can lock in at 4.9% interest rate.
+
+r/finance makes me feel like shit because I can't do more, I didn't shop around for the highest interest rate.  In other words, I didn't do it "their way"
+
+I'm going to be 40 in 9 months.  I've already wait 20 years too long to start my IRA.  I felt like if I didn't open one with SOMEHTING, I'd keep making excuses and putting off opening up one.
+
+We've been banking at the same local bank now for almost 10 years.  They have been nothing but good to us.  Free checking and savings the past 10 years and they plan on keeping the free checking/savings account option for years to come.
+
+And honestly I felt like if I didn't do this now, open a retirement account with something and put what I can in it each month, then another 20 might fly by and I'll have jack shit to my name.
+
+​
+Now that we have 2019 wrapped, I'm interested in seeing everyone's cash flow diagrams. Done right, a good diagram can show:
+
+* Percentage taxed, invested, spent, and saved in other ways
+* Investment instruments (bonds, stocks, real estate, businesses, etc)
+* Consumption numbers
+
+I'll find it interesting to see the different approaches by those here on the sub.
+
+**Here's mine:** [**https://imgur.com/a/apN3G5x**](https://imgur.com/a/apN3G5x)
+
+I got this idea from a previous post by u/FIFO-for-LIFO ([https://www.reddit.com/r/fatFIRE/comments/7hffhk/my\_higher\_income\_flowchart\_for\_the\_last\_12\_months/](https://www.reddit.com/r/fatFIRE/comments/7hffhk/my_higher_income_flowchart_for_the_last_12_months/)).
+
+You can generate your own chart at [http://sankeymatic.com/](http://sankeymatic.com/)
+
+**EDIT 1:** I'm happy to talk about mine, but my purpose for the post was to get as many different flows posted as possible. I'm really interested in learning how everyone else chooses to divvy up their income.
+“When we hit boots on ground, it’s only a 4 klick movement to the objective.”
+
+We were 5 minutes out from our first mission on my first deployment. Our Chaplin just said a prayer. We were almost all fresh soldiers, but we knew we had been conditioned for this. We were nervous, but stoic.  
+Keeping cool was key.
+
+**“One minute out!”**
+
+This was it. The bird was descending. This is really happening, it’s now live or die.
+
+Touch-down
+
+We walk. It’s a cold night near a span of mountain. The nervous sweat from being shoulder to shoulder in the bird is starting to freeze and make our uniforms feel stiff.
+
+Only 4 klicks.
+
+Walking with night vision isn’t fun when it’s a single monocle. It can be disorienting. Depth perception is not the same. That’s okay, I count my steps and keep my eyes on the mountain. It’s only 4 klicks.
+
+We are called to a halt. We stop and pull security while leadership talks. Something is wrong. I counted about 5 klicks worth of steps so I’m assuming we overshot the objective a little and that is what is being discussed.
+
+Squad leaders meet with team leaders. Team leaders meet with their teams. We’ve walked 5.5 klicks, but we aren’t there yet. But don’t worry, it’s only about 4 more klicks.
+
+Off we go. Too easy. We walk 12 mile rucks once a week, 8 klicks is nothing.
+
+Some time passes. We are over my step count for 4 klicks. Something isn’t right, I can feel we are about to be halted again.
+
+Information is dispersed again. They read something wrong. We have about 4 more klicks to go.
+
+We set off. We are too deep into it now to complain. It may be 3:30 in the morning now. We may be cold and hungry. But we are too deep into this to care. Maybe even too tired to care.
+
+We can see enemy patrols on the mountain we have been skirting their fires shine bright with our night vision. They can’t see us and we want to keep it that way.
+
+Another halt.
+
+Another 4 Klicks. The men are growing frustrated, sore, and morale is dry.
+
+This cycle repeats until the mission was scrapped. We never even got eyes on the target. We never completed our mission.
+
+By the time all was said and done, though, we had walked near 22 miles. In extremely austere terrain. In an unknown place. Surrounded by men who wanted the bounty on your head and your friends head. Walking with feet blistered so bad they were bleeding. With pounds and pounds of body armor, radios, weapons, ammo, water, and supplies.
+
+And when it was all said and done? We laughed. We laughed hard. How could we walk that long for nothing? How could our leadership fuck up this bad? How could they risk our lives due to incredibly bad planning? All we could do was laugh.
+
+It wasn’t easy. Everything in me wanted to quit. Every step was forced. Each time I completed one, I told myself “Okay, now just take 5 more, then you’re 5 more closer to being done.”  Each step was one more closer to not having to walk anymore.
+
+Id look at my friends, and they looked strong. They looked like they had it together and we’re keeping their cool. I asked them later how they were so lax. They told me it was because when they looked to me, I looked strong and composed. We supported eachother the whole way through without a word and without knowing it. Bearing the burden together.
+
+We ended up losing  a lot of really good men on that deployment. It got worse before it got better. The death didn’t stop when we returned home, either, unfortunately. But the command team was removed. We had the burden of carrying the title for one of the most cases of casualties in a deployment in modern history. But now I have a network of love and support that will be carried with me until my days are up. No one can take that away.
+
+To this day “four more klicks” is a joke that runs with my friends and I.
+
+One day,  these hedgies will be a similar joke to us. They cause a little pain, but we just plug along day by day.  It’s just one more day, one more closer to being done. All we have is time.
+
+It may not be the same as going to war, but there are similarities. Both are life changing. Both open your eyes to more  than you saw before. Both push you to better yourself and knowledge. Both push you to capacities you previously didn’t know you were capable of.
+
+This is our war to win. Step by step. Klick by klick. We have nothing to lose and everything to gain. Giving up simply isn’t an option. We are deep and our feet are not only planted but have grown roots.  Things may get worse before they get better, but that can fully be used to our advantage. I will leave behind a legacy of kindness, love, and compassion. I am not settling for anything less than being able to leave a lasting mark. I want to help the families of the fallen, the broken, the battered. I want to help those struggling as I did when transitioning out. My mind is made up and I will not settle for less. I will continue to buy and hold. If it takes days or years, I will hold til I can leave the impact the men I served with left on me.
+
+Im sorry for the long winded story, but this is war and perspective is everything.  
+You got this. I got this.  
+-A Broken Ass 173 vet
+
+---
+
+***This is not financial advice!***  
+*This post was **anonymously** submitted via **[www.superstonk.net](https://www.superstonk.net/)** and reviewed by our team.
+Submitted posts are unedited and published as long as they follow r/Superstonk rules.*
+Sundaeswap swap has recently released their work around for the fact that UTXO currently cannot run a permissionless, decentralized AMM DEX (like Uniswap). Items of note:
+
+-the Sundaeswap team determined that the entire Cardano chain, without any other dApps competing for resources, will have slower **PEAK** tx speeds than half the **AVERAGE** tx rate used by one dApp on ethereum. They compared cardano's peak to the average rate on Uniswap v3 (but didn't count v2). Cardano will have options to speed that up in the future, but they are not ready yet (see second link below). And even then, cardano will still be slower than ETH, the slowest layer one chain that anyone has ever heard of. [See u/grimmergrimmergrime 's comment for an estimate of v2's speed: https://www.reddit.com/r/CryptoCurrency/comments/qnjmby/cardano_is_coasting_into_an_iceberg_the_crew_are/hjhhfz5?utm_medium=android_app&utm_source=share&context=3 ] SS swap claims a theoretical max tpm of 3800 is "impressive." 3800 tpm is an unverified max, and it is INCREDIBLY slow for a L1. For example, it's about 160x slower than Cosmos' max tpm. 
+
+-They accurately explain why all the other proposed solutions create vulnerabilities, weaknesses, market inefficiency, attack vectors and centralization that Uniswap type AMMs do not have
+
+-They propose to add a novel, gated and "trusted" application-specific proof of stake layer with untested incentives (and untestable due to the lack of direct fee incentives on a testnet). They have determined that the best way to avoid the UTXO concurrency dilemma is to appoint third party aggregators to execute all of the orders, and "[t]he first step is choosing trusted members of the community to run them." So much for having the most decentralized chain. 
+
+-They rate every solution to this problem, including their own, as requiring more development work and creating more "surface area [that] needs to be audited" than Uniswap. So much for the advantage of UTXO being easier to audit. 
+
+:https://sundaeswap-finance.medium.com/sundaeswap-labs-presents-the-scooper-model-678d6054318d
+
+Meanwhile, Cardano devs are finally getting serious about starting the public conversation around why txs fees are necessary to avoid catastrophic network congestion, why cardano needs decentralized development, and the mistake of not having a longterm roadmap and pursuing layer 2 solutions sooner:
+
+https://m.youtube.com/watch?v=3dc6zG9EjWE
+This post is for beginners who wants to learn basics of trading.
+
+❖Fibonacci numbers are also called natural numbers.   
+❖Fibonacci numbers can be used with not just trading but with  
+   everything.  
+❖It works in the stock market as well.  
+❖Fibonacci levels work as an area of interest for us in trading.   
+❖We will use the Fib Retracement tool (in trading view)   
+❖How to use Fibonacci overall:
+
+* (daily timeframe/you can use in any timeframe)
+* In an up-trending market, when you see a retracement, you can  
+use the Fibonacci tool.
+* Select Fib Retracement & click on the bottom and then click on  
+top to mark the complete range of trend move using the tool.
+* In a down-trending market, when you see a retracement, you can  
+use the Fibonacci tool.
+* Select Fib Retracement & click on the highest point and then  
+click on the lowest of the current swing to mark the complete  
+range of trend move using the tool.
+* When price breaks 0.78 level (check the picture attached for reference on Fib level settings) on a pullback(retracement) on Fibonacci, it is an early sign of trend change.
+
+❖Using Fibonacci tool for Intraday trading:
+
+* Turn on extra 2 levels in Fibonacci Retracement tool setting in  
+trading view - 1.618 & 1.328
+* Fibonacci retracement is used as an extension when the price  
+breaks level 1.
+* Open 5 minutes timeframe on the chart.  
+
+
+**❖We can take positions in two ways:**
+
+1) We will mark the Fibonacci range from high to lowest point if  
+the price moved upwards.
+
+* We will wait for a pullback to a fib level and take entry with the  
+signal.
+* It is useful on a trending day. 
+
+2) We will mark the Fibonacci range from low to highest point if  
+the price moved downwards.
+
+* We will wait for a pullback to a fib level and take entry with the  
+signal.
+* It is useful on a trending day.
+* 0.236 fib level is a very strong level to take the entry from on  
+pullbacks.
+* Fibonacci retracement is useful in intraday when the market  
+gives good movements.
+* 1.618 extension level can be achieved on rare great movement  
+days.
+
+QUESTIONS & SUGGESTIONS ARE WELCOME
+
+[Settings for fib retracement](https://preview.redd.it/7rdiy6n4x7491.png?width=454&format=png&auto=webp&s=f716ac857d56badb07218d88f65f620fbf0bc9ac)
+
+[Fib for Intraday](https://preview.redd.it/ea6ogbn4x7491.png?width=907&format=png&auto=webp&s=ac3c128483a5cedf9583faecfc65c4cdc0550031)
+
+[Fib for Intraday](https://preview.redd.it/vdjrlhn4x7491.png?width=906&format=png&auto=webp&s=f982f825550618fbe88ee1041bb7b25dcc0ed2d2)
+
+[Fib for longer timeframes](https://preview.redd.it/td4x3mn4x7491.png?width=815&format=png&auto=webp&s=9a7503423779a4a6b83db5ba43491e4059549f5a)
+This is the official $GME Megathread for r/Superstonk. Please keep ALL conversations contained to Gamestop and related topics.
+
+**Not enough karma?** Here's a [**quick guide**](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+# [announcements](https://www.reddit.com/r/Superstonk/wiki/index/announcements)
+
+* Make sure to check the Announcements regularly. Large updates will be made as posts using the [**Red Seal of Stonkiness**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%99%8C%F0%9F%92%8E%20Red%20Seal%20of%20Stonkiness%20%F0%9F%92%8E%F0%9F%99%8C%22) or [**Moderator**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22) flair, but smaller updates will be listed in the Announcements.
+
+## flair links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
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+
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+
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+
+*Daily discussion threads are created at 4:00 a.m. EDT*
+Just started using the Wealthsimple app (moved to Canada a couple of months ago). I find the different investing options to be very conservative. Even the highest risk one (level 10) has about 10% in bonds and gold.
+
+Anyways, I am choosing the level 10 for my TFSA account, because I thought gains there will be the most interesting as it is tax free and even if things turn bad, I know the maximum lose will be limited to the 6K I have just put there (maybe I have to reconsider after some years when I have put 30K or more in total).
+
+For those who have been using wealthsimple and investing for a long time, what are your views on this? Do you ever use the lowest risk ones? I mean, who will invest 70% in bonds, unless you are really wealthy and you want to put something there just in case of a market meltdown?
+**OK LISTEN UP**
+
+Shorts recognize that we're almost all into our positions now. The outstanding float that isn't held by us is in their possession minus a few defectors on our side and 5-10% held by others. They are going to do EVERYTHING in their power to bring this down. "Like what?" you may ask...
+
+1. Bot brigade negative sentiment on social media, reddit, etc. (this has yet to be common and could be more prevalent soon - though I have seen some new made accounts posting negative sentiment on GME)
+
+1. Buying up the shares we don't have, driving up the price... 
+
+ a) Hoping to create more liquidity for them by reducing our shares (more defectors as price goes up). 
+
+ b) So they can accumulate shares and manufacture large sell offs on volume to create what we saw earlier today
+
+1. Persuade investors on reddit, social media, etc. that there are other better things to buy that will fuck shorts. Yes, there are plenty. But they want to spread us thin. BB, AMC, etc. are just the beginning. If we sell some of our shares to allocate to these and more that will be mentioned over the next couple weeks, we will lose. We will lose not only our strength in GME, but our strength in any focus of any short squeeze.
+
+This is a war. We won the first battle and now they know we mean business. But we haven't won the war. They are going to pull shit that we won't see coming. We will be tested and this will not be easy. But we need to understand that if we persevere through this, we will not only come out rich for our early endeavors (because it's still early in this squeeze) but we will have power in bringing about actual change in the way large funds manipulate prices and how they manage risk. It sounds cliche, but this literally is the turning point. This is where we make history.
+
+tldr; hold, buy more, whatever. Don't fall for their shit. GME 🚀🚀🚀
+Maybe this can inspire someone who needs it.
+
+
+June 2013 -  I had just decided to "retire" (change jobs) from being a college campus minister, and so I had no job and 43k in debt (25k in student loans, the rest on credit cards).  The only "asset"  I had was my 1986 Nissan 300ZX, which was breaking down from my lack of money to maintain it. I was engaged and knew I had to do something so after 3 months of job searching I finally got a job doing IT work (I have an associates degree in IT)  in another city.  I was offered 42k a year salary. I move there and live with some family friends to save money and save up for a car. After 2 months I buy a 99 Nissan Altima for 2k cash. Not much money went into debt except the required monthly payments.
+
+
+
+August 2013 - I get married and my wife and I find an apartment to move into the week before our wedding.  We looked at some really dumpy places for $600 a month, but I didn't feel safe in those neighborhoods at pretty much any time of day. So we settled on a apartment in a somewhat nicer part of town, closer to my work, that was $800 a month. That was as low as I could go and be comfortable living in my own apartment.
+
+
+This is when things really start to take off.  My wife is a very frugal person (she lived in Africa for a few years with nothing), and we help each other when we wanted to give in. We took most of the money we received from our wedding and put it towards the debt, starting of course with the highest interest CC. Mine weren't too bad honestly since I've always had good credit even with the really high utilization.  The most I was paying was about 13% (it's crazy to me now that I ever paid that much)
+
+We saved everywhere we could. For the first months she stayed home and found every way to save money to put towards debt. She cooked every meal, and we didn't do anything but spend time with each other(worked out for the newlyweds).  We had a strict budget and spent that to the dollar. She would go through the grocery ads and find things on sale and that's what we ate that week.  We only had 1 car (my old one being broken), and so I drove to work and back and that was it. No where else unless we had to go.   I made my own lunch every day (while all my co-workers went out) and we didn't go out drinking or really anywhere. We might go see our family and friends but we never ate out. We did have a TV I owned, but we just used an OTA antenna I had and watched our movies we already had on DVD. 
+
+Pretty much the only items in our budget were Rent, Water/sewer, electricity, internet service (lowest I could get), groceries, gas , car insurance, and then debt. My work paid for my cell phone and I got my wife a Republic Wireless phone that cost $12 a month using our internet. 
+
+
+
+Nov 2013 - I get my wife a part time job at my work, making $10 an hour.  She has a degree in nursing but we wanted to have kids so we always planned for her to stay home.  Since she works at my workplace, we keep the 1 car and ride together.  Now she brings home around $800 a month which all goes to paying the debt. I also start getting some overtime at my job and that helps a little as well.  We are literally paying maybe close to 2k or more a month now to the debt.
+
+
+Oct 2014 - A year has gone by and all the credit card debt is all paid off, and we are just working on my much lower interest student loan debt. But now we find out my wife is pregnant!  We are so happy but we really don't want to raise a child in our apartment in a sketchy part of town.  In the year or so we've been there, we'd seen some bad things that would make you shudder. So we consider how we could buy a house in a better neighborhood. We decided that a home right now was more important than the debt temporarily, especially since all the loans were under 6% interest (majority of it was at 3%). Also they kept raising the rent on us and it had gotten to over $900 a month. 
+
+I also was getting some overtime at my job, but I was moving up quickly.  I was able to negotiate a 9% in place raise when I set up a meeting to review my hourly rate. This put me up around 47k and maybe a little more with overtime.  So instead of saving now for the debt, we stopped and started saving for the house. Just put the minimal in all the student loans.  Also I did fix up myself my old 86 Nissan, and so we had 2 cars now.  This was good so that my wife could stay home more days and rest and go out if needed.
+
+
+Jan 2015 - So we start looking for a home with a realtor, though I'm not sure why.  We did all the work looking through homes and all he did was just set up the times to go look at them. We went out about 5 Saturdays and looked at about 6 homes each time.  We would find one we really liked in our price range but then someone else would get it. Or there were ones we liked and weren't under contract, but they weren't willing to negotiate down in price.  Then one day I found this perfect house randomly on a website, for sale by owner.  I drive by and there's not even a for sale sign on it so I have my realtor talk to him and we negotiated an offer for 219k.  It was a high amount for what is usually considered reasonable by this sub, but I knew I was going to be making more money soon and with our current budget, paying that mortgage wasn't that much more than our rent. 
+
+
+April 2015- We Closed on the house, the seller to pay all the closing costs, we even got a home warranty in there for free. We had only enough cash for 10% down, and I accepted that since the PMI wasn't much with my credit score.  And I was able to get 3.75%  interest on the house with no points, which was great. I spent $80 on a moving truck and did it all ourselves.  
+
+
+May 2015 - We started putting that extra money back towards the debt again, though obviously less than before. And my wife had stopped working around here, so we lost that extra $800 a month. 
+
+July 2015 - Baby born!  This threw a big cost at us, since my work's health insurance deductible was at $5000.  I had some of that in my HSA, but 4k or more came out of my pocket. Plus all the other expenses that come with a baby,It was a stretch but not too bad. Our good budgeting helped immensely.
+
+
+August 2015 -  The guy above my position was fired because he was horrible at his job and I was doing all the work for him.  They then promoted me to his position and pushed me up to 55k a year salary.  No more overtime, which sucked because it had really been helping us out. But I did get a bonus if the year was good. 
+
+
+Jan 2016 -  I made the last payment to the student loans. I got paid an extra paycheck and I got a bonus and that was enough to finish it off for good.  It was the greatest feeling, like I'm free!  And I found out we are having another baby! Another $5k to pay, hah. 
+
+
+So moral of the long story, you can do it on a reasonable salary. You find the cheapest place to live that you can, and you put everything to your debt. Sell things, work extra hours, do whatever you can to get it gone ASAP. Live as cheaply as possible, and it's a minute by minute decision. You don't need to spend $2 on a soda when water is free. You don't need to buy a new car when it won't cost that much to fix your old one. Be determined and it can work. 
+
+I left alot out because this is already too long, especially some specifics, feel free to ask and I'll try to reply. 
+
+
+Edit:  Yes I agree title is misleading on having no debt, I owe $190k on my house still which is debt. 
+
+Edit 2 :  You can believe what you like,  but our wedding money was around 2k.  So we are talking about 30 months,  which is $60k of money at the average rate of 2k a month. Sometimes more and sometimes less. And anything else I could get my hands on went to the debt. So this is definitely possible to do saying I paid off the 43k and put down 21k on the house in the 30 months time frame. I don't print money in my office,  obviously there are other things that help like tax returns,  bonuses,  Christmas gifts,  some odd jobs, and sold some car parts. All things that are fortunate to have,  but something most people use for things other than debt. I know not everyone is as well off as even I was,  but I want people to know it's possible to get out of the hole if you work at it. Every situation is different. The whole point is GET OUT OF DEBT BY ANY MEANS NECESSARY AS SOON AS POSSIBLE. 
+
+It's really fascinating to see so many companies that have fallen sharply below their pre pandemic levels, despite having two years of growth behind them.
+
+Where the markets already overvalued in 2019? Or had the recent panic a big irrational overreaction? I would be interested to hear some opinions
+
+Off the top of my head, I can think of Facebook, Spotify, Roku, PayPal and maybe Netflix all examples of companies that have taken a round trip back to 2019. Any other names out there?
+If you've joined this sub in the past few weeks you may have seen a lot of advice to "buy the dip" when the market drops.
+
+You might have seen today's correction and thought about pulling the trigger when you saw a lot of the alt coins were -10%.
+
+The reality is, most of these coins were available at these prices last week, or a couple of weeks ago and in crypto, this is a slightly bad day and not a dip.
+
+When BTC and ETH are down 10% that's a dip, when they are down 15-20% it's a correction. If they get to $40000 and $2500 again respectively, that's a fire sale.
+
+TL;DR Dont blow your life savings thinking this is a dip. By all means keep averaging in, but know that this is far from a real dip in the crypto space.
+
+EDIT: thank you to the person that gave me my first ever award :)
+
+EDIT 2: thank you to u/dwin31 for pointing out I got the order of dip and correction wrong.  Dip is smaller, correction is bigger, have adjusted above.  The sentiment of the post still stands, though :).
+Yeah I said it. This sub goes on about billion/s of shares floating around. Yet, we don’t even have a 1/3 of the float Directly registered. It’s our fault MOASS hasn’t happened and no one else at this point. We have a huge surplus of the tools to launch this GD rocket to the edge of the universe and we’re slow walking to the finish line.
+
+Seriously, why isn’t everyone 100% DRS’d at this point? Doesn’t everyone want to quit their job? Stop waking up to alarms? Be financially free? Help those who need help? And do anything else you can think of?
+
+If you haven’t DRS’d 100% of your shares. Why?!!!? Are you afraid of computer share because selling is different than your asshole broker? You have to pay a fee to sell? You don’t understand computershare? Are You truly are smooth brained??????? The math checks out on what happens when we lock the float.
+
+Everyone knows the MOASS will eventually happen. But fuck waiting on this shit to happen organically. DRS 100% of your shares and stop holding us back. We’ve been waiting over a year for this thing to take off and I’m/we’re ready for it to end.
+
+Thanks for coming to my Ted talk.
+They’ve been able to get bailouts before in 2008 and during the early years of the pandemic. So with news of the Omicron variant they’re hoping that enough people assume that that will be the result of a massive crash and not Wall Street’s greed and corruption so that they can get bailouts and continue doing what they’ve always been doing.
+
+But enough is honestly enough.
+
+If that crash comes to be, we’ll have had 4 total economic disasters in just two decades as a result of Wall Street’s greed and corruption; all the while they get bailed out on the money they’ve already stole enough or from the 99%.
+
+And now that we’ve mostly adapted to the pandemic by now, if they try to give the excuse that a single virus took down the entire economy and not the fact that they propped up the economy off debt and lies that all came crashing down once they were tested, they need to be held accountable for their actions.
+I joined in January when they were very competitive. Just got notified they will increase *43%*. I pay about $60-70 a fortnight which will go up to $90-100.
+
+Is it worth shopping around at this point or are other providers doing the same?
+
+Here’s their spiel:
+
+“Demand for coal, gas and oil has increased across the globe as the COVID recovery continues, while Australia's own energy market has been suffering reliability issues. Together with the conflict in Ukraine as well as the impacts of inflation, this has created the perfect storm for a higher wholesale energy environment that is ultimately out of our control.”
+Long story short: mid 30s, single male who will have about $4MM after taxes after a company sale.
+
+Have met with two advisors (funny how they find you) through referrals. 
+
+One is a family group that does financial planning, the other is a capital management company run by two guys who have great biotech private equity hookups and are investors into there. Have heard from a few referrals about them about great returns from in the PE funds.
+
+The upside in the latter sounds quite promising, especially since, as they explained it, youth is my biggest asset right now.
+
+How did you end up finding yours? How should I continue looking, is it it worth looking at the bigger firms too?
+Planning on using my rentals as my retirement. Do I really need to sock money away in my 401k at work? That money could be better spent on building up my portfolio. Thoughts?
+I see a lot that people compare the S&P's 7-8% return over 20 years is a better use of money than investing in real estate. I understand that RE is riskier and not as passive, but I feel that even basic RE investing is much more lucrative.
+
+​
+
+If you simply get a conventional loan of 20% down on a 100k property, assuming the property appreciates at a conservative 2% each year, this would surpass your stock return alone (2,000/20k = 10%). Appreciation is treated as a compound interest just as an equities investment would so it would win out by a lot over a 20-30 year span.
+
+Cash flow and equity pay down, in my opinion, is just icing on the cake (sometimes a rather thick layer of icing). As we all know amortization works by gradually paying less interest and more principal as the loan matures so your ROI would only increase. Assuming a 1% cash flow and a 5%  interest rate loan, you would be looking at a 17% ROI on investment in your first year alone. This isn't even looking into the tax benefits.
+
+Now I know people say RE is anything but passive, but I'm assuming the cash flow is after paying for a good property management company. 
+
+​
+
+I understand you could use the BRRRR method, hard money, etc. to increase ROI, but I wanted to use the most mainstream example I could think of.
+
+Even if someone didn't want to be involved in the property, wouldn't a NNN property be just as lucrative?
+
+With this argument in mind, what are people's rebuttals for why equities are better than RE investing over the long run 
+
+( Other than a need for little to no work) ?
+This is a follow up to my posts about my experience FIRE'ing:  
+https://www.reddit.com/r/financialindependence/comments/9fesmd/help_me_decide_to_fire_or_not/?st=jr87spjo&sh=024c00c1  
+https://www.reddit.com/r/financialindependence/comments/airigu/sofa_fire_4_months_into_a_lazy_early_retirement/?st=jxt6qzmw&sh=f7382012
+    
+
+**Quick recap**  
+
+FIRE'd 9 months ago at 35 years old, 1.6 million Canadian dollar, Software engineer.
+Homebody, with dweebish tendencies.  
+   
+
+  
+**Overall**   
+
+Not much has changed on the surface.   
+Some days are great.   
+Yet some days I regret FIRE'ing and giving up more money and more professional achievements. But for now, it's hard to let go of the freedom and comfort of being FIRE.  
+I'm slowly learning more about myself and what I want/need in life. And these conflicting feelings are part of it.  
+   
+  
+
+  
+**Finances**  
+Net worth hasn't moved in any meaningful way. Somewhere between 1.5MM and 1.6MM Canadian dollars.  
+I have a firm managing my portfolio using a passive index strategy. I know what most people here think about giving away 1% to a money guy, but I just love not having to do it myself, and it makes it easy for me to not become addicted to watching my net worth frequently.  
+I had some big tax return that will allow me to live another years without withdrawing.  
+   
+    
+
+**Daily routine**  
+The mood is usually good.  
+My only daily structure remains a visit to the gym everyday. I usually plan to going at 10AM, but end up procrastinating until noon.  
+I go every week day. Since it's my only mandatory achievement, I would feel like shit if I skipped it for a trivial reason.  
+Then without any particular schedule, I do the chores and my hobbies.  
+oh, I have started journaling too, as an exercise for better mental health.  
+   
+
+  
+**Hobbies**  
+I have been working a 2D video game which is nowhere close to completion, but scratches an itch need for creativity.   
+
+Watched many movies on Netflix - like, properly, without laptop/phone checking. What a strange experience!  
+
+I read more, and it feels good. Self development mostly. Got to read something else.  
+
+Played modern 3D video games a lot for a couple of weeks. I don't really enjoy it these days. It feels wasteful. So I stopped altogether.   
+
+   
+
+**Work**  
+I still have money anxieties about not having an income.  
+To the point that I have applied to a few jobs to relieve it.   
+Got interviewed at 3 companies for software dev positions. Only one really interested me.    
+
+- 3 times I mentioned that I was in no rush and taking my time to look for a good match.   
+
+- 3 times I asked for top 5% salaries on the market.    
+
+- 3 times I was rejected.    
+  
+     
+
+  
+I would have been good at these jobs. And I'm good at interviewing usually.   
+I guess I asked too much $$$ and must have a conveyed that I did not ultimately care.   
+Still, these rejections scratched my ego.  
+I decided to give myself a few more months trying to figure out things without falling back to a 9-5.  
+Now that I have FIRE'd, I have a hard time tolerating how many interviewers act like they are so hot with their brain teasers, overly personal questions and idiotic comments about how you only know TECH v1.9 and they're using TECH v2.0.  
+They act like gatekeepers of Rome, but I feel like Caesar visiting the frontier.   
+Irrational, I know. But just telling you guys how I feel at the moment.  
+   
+
+
+**Expenses and travelling**
+  
+My expenses have remained under control except for some splurging on travelling.
+1 month travelling with my girlfriend picking more convenient/comfortable/expensive options than usual. Loved it.  
+Reaching this level of comfort for any trip, and getting my girlfriend to FIRE are two things making me want more money.  
+   
+
+  
+**Socialization**  
+Getting a bit rusty with social skills.  
+Thankfully, a few friends and former colleagues have got back in touch recently and it was good seeing them.  
+But I need to connect with people more frequently. So it will either be addressed with new hobbies... Or a job, if it comes to this.  
+   
+
+
+
+**What's next?**  
+More fo the same.  
+New social hobbies.  
+Meditation.  
+Addressing money anxiety by either finding an income and accepting that current life style is enough.
+Edit2: Thank you mods whether you saw this or not for cleaning up front page. Much appreciated!!
+
+Edit: Lets make it clear - I have no issues with your stock sir. You are just in the wrong place talking about it
+
+Its pretty clear this is the next shill tactic or you guys cant follow rules to make the mods job easier... THIS IS GME ONLY SUB SINCE DAY 1..... why are certain stocks allowed and talked about in any way shape or form here. We have known since jan about the distraction stocks/trades. why is it ok now when we are coming to  D-Day.... And when you call it out they say " ape no fight ape" bruh..... are you guys kidding me..
+
+Mods stop sleeping and step it up... Rules are there for a reason..you made them... enforce them
+
+u/redchessqueen99
+
+THISISWENDY'S
+
+https://preview.redd.it/8wbkzsfk14z61.jpg?width=214&format=pjpg&auto=webp&s=791ad691855ab4cb0859760a07606bd52f862fe6
+*I labeled this as 'Possible DD' since there is a lot technical information relating to Loopring, but also a lot of speculative analysis on competition. Is it more discussion worthy? Should it instead of the 'Opinion' flair? I don't know. I'm happy to change it to whatever*
+
+Part 2: https://www.reddit.com/r/Superstonk/comments/s0m3hv/debunking_false_claims_against_nfts_evaluating/
+
+This was in response to the following question found at a thread on loopring's sub:
+
+>Is there some wrinkled brain out there that could enlighten me on how Gamestop could get ahead of their competitors and cut them out in a big way?
+
+----------------------------------------------------------------------
+
+###Superior technology
+
+1) Technology is king in this business. Since the entire marketplace is built upon software (blockchain), the companies' security, efficiency, transparency, and user-accessibility are all derived from this technology. Since GameStop's marketplace will be built upon Loopring's technology, which in turned is built upon Ethereum technology, the marketplace will already have a one-up in security. We have already seen security issues come out for different blockchain based technologies that have either a) sacrificed security for alternate solutions, or b) sacrificed security through centralized solutions. LR (Loopring) is already nailing these two down by creating a DEX (decentralized exchange) using ETH-based security solutions.
+
+While any decentralized blockchain solution *should* go head-to-head with any other blockchain when it comes to transparency, the biggest advantage that LR has over other solutions comes in its efficiency and user-accessibility qualities. LR is able to boast the fastest speeds in transactions per second, as well as having the cheapest costs--the latter of which also needs to be broken down, as it itself has many competitive advantages. For any blockchain-based marketplace to succeed to become a top 1000 company, it needs to have its scalability issues completely in check. Any company looking to become the dominant leader in this business should expect its marketplace at some point to challenge the efficiency and scalability of the underlying system--there are many blockchain-based solutions that fail (or will fail) when it comes to mass adoption.
+
+User-accessibility relates to both costs of using the product / marketplace as well as the costs of getting new clients / customers. Whereas some of the previous technological categories result in Loopring having a slight edge, Loopring has massive competitive advantage in this category. First are gas fees. LR now boasts a L2 solution for an NFT marketplace that uses (proprietary?) zk-rollUp solutions to reduce gas-fees to near zero costs for any function involving NFTs. Competitors such as OpenSea are nowhere close to L2 marketplace transformation, to the point that a L2 gas-free (almost, the costs are in cents per transaction) marketplace may very well threaten their entire business to become obsolete. The same goes with other competitors such as Rarible.
+
+While competitors surely will seek solutions to become a marketplace that can host near-zero gas-fees, this solution requires a blockchain-based solution that has the technology needed--of which Loopring currently is the only solution. While there are other solutions that are popular these days (Polygon, Matic for example), these solutions have sacrificed other qualities (eg. security) and fall behind in scalability and speed.
+
+Additionally, Loopring has yet another technological advantage under their belts, one which I believe is even stronger than their near zero gas-fees: counterfactual wallets. This technology, one which I know is proprietary to Loopring, is the latest tech upgrade on the issue regarding adoption, aka user-accessibility to the actual marketplace. Counterfactual wallets, which are now publicly available as of late December, allow for simple and quick creation of Layer 2 wallets. I myself was eager to check this out, and I was able to create a L2 wallet on LR's app without any trouble.
+
+The current process of onboarding new customers on other platforms requires a technologically rigorous, costly, step-by-step procedure to get the user to have their own wallet (involving meta-masks, and costs as high as $100-$200 in gas-fees). This barrier can NEVER reach mass adoption; the ask from the customer is far too high. This particular barrier must be the most troubling for other competitors. They may be able to partner and integrate a blockchain-based solution to achieve lower gas-fees, but the actual adoption process and set-up process to the marketplace requires a difficult and costly technological solution, one that is guarded by patents as well. Inventing a new solution and writing it and testing it is no easy task--one that at minimum (by my guess) would require 2-3 years if the blockchain programmers focused most of their efforts to it.
+
+----------------------------------------------------------------------
+
+###Superior position -- Partnerships (rumored and verified)
+
+2) People forget just how large GameStop is, probably due to the constant barrage by media as being a company 'headed for bankruptcy'. People forget that GameStop is right on the precipice of entering the S&P500--that is, the top 500 companies for the US. They have massive resources, massive capital (per their money raising campaigns through last year by selling additional stock) at around $1.5 billion (with near zero debt), and massive connections. Connections to the big players, such as Nintendo, Microsoft, among others. People consistently talk about the 55M power-up rewards members, which is a testament to how large and established GameStop really is, but really I think their greatest power lies in their allies. Microsoft and Nintendo and Hasbro and other companies partnered have very strong brand-recognition, loyalty, and marketing. If these companies throw their support behind a product that is being hosted on a marketplace, that will be the true power behind user-adoption.
+
+The MSM can play their hand at creating a narrative against GameStop, but they will not be successful at deriding the initiatives of established and well-loved game companies such as these. GameStop really doesn't have to do anything, and perhaps they shouldn't do anything. If they try and combat the negative sentiment towards themselves from MSM, they will just look like a fish out of water, struggling to stay alive. If it was just them (unestablished), they really would have an uphill battle. But they do have strength in the numbers of their partnerships, who can be the ones focusing on the products they choose to place on GameStop’s marketplace. If GameStop really wants to knock this out of the ballpark, all they have to do is continue to silently prepare and launch the marketplace, and have the actual large-cap companies (and smaller ones) do the marketing for them. Once a large-cap NFT videogame, or even if another sector (music, media, art, etc) catches flame, the competition will invariably be sunk--it will no longer be a race to take the largest market, it will be a race to which marketplace can take the largest chunk away from GameStop (become the second-largest NFT marketplace). The smoothness and the efficiency of the marketplace and their ability to use their partners will likely establish just how strong they will be as competitors. Thus, the more time they take to make sure everything is right, the better their long-term competitive advantage will be
+
+Additionally, this does not even consider the implications of Loopring partnering with other major institutions (such as China's People's Bank of China)
+
+---------------------------------------------------------------------
+
+###Superior profits
+
+3) NFT games, whether the media wants to believe it or not, are the future of gaming BECAUSE it will be so immensely profitable for the game creators, namely. EASports has directly stated just this, along with companies like Ubisoft acknowledging that NFT games will be a route they will be pursuing as well. What media fails to realize, as well as Reddit, is that there are many, many, many more AAA gaming companies, smaller game companies, and indie game companies who think similarly. However, they are being smart by staying silent. It is far better to stay silent on a matter when it is unclear whether that matter will come to fruition. While it appears incredibly likely that NFT games will become the dominant enterprise within the videogame market, it is not good to put your time, energy, and effort into something that is not certain yet. They will want to see if the market for these games really will be there, whether GameStop's NFT marketplace really will be 'friendly' enough to allow for massive user-adoption, whether the technology will scale to allow for millions of gamers to transition to use their products, and whether or not the media will successfully market their way into coercing the customers to even try it out in the first place. There is enough uncertainty to remain quiet, but likely enough certainty to want to have something ready in case everything pans out well. Something simple to start things off. The early bird does get the worm, and especially for NFTs, where novelty does pay out quite well.
+
+*Part 2 coming next -- Debunking NFT Misconceptions and Analyzing Competition*
+
+---------------------------------------------------------------------
+
+Not financial advice. Additionally, what are your thoughts? Do you agree or disagree with any of these arguments? I'm always open to others' insight
+I'm in my early 30s / $7m NW (but largely illiquid). Wife makes ~300k, and I left my full time job 6 months ago.  I've been living a "nomadic" work life,  consulting here and there,  joining a couple boards,  angel investing,  etc.  I've mostly enjoyed it,  but for whatever reason it has felt inherently temporary.  My wife is starting to get anxious about "what I'm going to do next", and I dont have a great answer. 
+
+I just got an offer from a late stage startup for a 300k base and $3m in equity at current valuation,  maybe ~2-3 years from an exit.  I know them quite well, and they seem like nice enough folks, but the role is very similar to what I've done before (bit of a step back if anything, but still csuite).
+
+I know these are total 1% problems, but thats why I love this community. It is honestly stressing me out,  and I know I wont get any judgement here.  I've had a hard time committing to FIRE.  If I went back, I always assumed I would start my own thing, and joining something (especially late stage) wasn't even on the radar.  It also feels weird to take a job after applying to literally 0 places
+
+I like these guys a lot,  and dont want to join if I dont think I can fully commit.   Has rejoining the workforce been difficult?  Do people largely regret it?
+7 months ago, I posted     
+
+https://old.reddit.com/r/financialindependence/comments/qm4aws/preparing_for_the_inevitable/       
+
+*"FIREd 3 years ago at $1.3M....Sitting today at $1.7M....at some point in the future there will be a year (or 2 years of 3 years) when I finish the year with LESS money than I started with."*    
+
+In a "wow who could have seen THAT coming" way, I am at $1.5M this morning.      
+
+I am doing ok with that.  
+I am comforted by the fact that my current portfolio    
+(60% stocks, 30% bonds, 10% cash)    
+spins off around $40k per year in dividends and interest.    
+So I do not need to sell at a loss to maintain my income level.   
+
+That together with my $20K pension provides an amount adequate to my needs.     
+
+If you are **IN** RE, how are you doing with our current down market?
+If there were no taxes for selling weekly otm cc’s or puts and you could buy stocks, sell close to the money cc’s while keeping the premiums and not being taxed if the shares got called away due to rising and being in the money. I’m trying to beat on paper and implement into an ira acct that taxes aren’t an issue right now. To me the ideal situation is high premium stocks that you can buy and sell fairly close to being in the money for a higher premium. Say Tesla when it’s fairy stable at $250 a share and selling $5-10 otm weekly CC’s for $500-700 per contract. 
+This was a great strategy on gme when the premiums were $500-$800 per week and the stock was in the $50’s-$80’s. Buy 1000 shares and sell 10
+Congrats for $5-$8k per week. The issue is taxes trying to chase the premiums. You can’t sell a crazy number of otm puts because the lack of margin trading in an Ira so the key is looking for high premiums to sell weeklies on. Hopefully this made some kind of sense and I can get some feedback on stratifies to maximize premiums in a
+Tax free acct.
+I'm moving on to the next thing and won't have time for this anymore and will be stepping down as a mod. Just wanted to thank everyone for being helpful this past year. The sub has seen great growth in popularity and usefulness. Keep it up.  
+
+If anyone wants to contact me you're welcome to follow/chat with me on trading view.  
+https://www.tradingview.com/u/nate1357/#published-charts   
+
+Thanks! 
+
+Like the title suggests, dad died and he didn't really have his affairs in order. I guess I'm just looking for a roadmap of things to take care of and suggestions of things we might be forgetting. My brother and i are his only two sons, and are therefore next of kin. We've been unable to find any info about any life insurance policies, but we're both fairly sure he had at least one. We're going to meet with the mortuary today, and we talked to the bank yesterday to ask questions and get the ball rolling. We haven't found a will, and we aren't entirely sure he even has one. Probably leaving stuff out, if there's any pertinent info i missed just ask in a comment. Thank you for your help in advance.
+
+Edit: Thank you all so much for the great advice. We went to the mortuary today and settled everything there. I think we've decided to go ahead and get an estate attorney, if nothing else for the peace of mind. If anyone sees anything that hasn't been mentioned already, feel free to leave more comments, the information we've already received has been invaluable to us, as there's really no roadmap to this. Also a huge thanks to everyone who left words of encouragement and condolences, it truly means alot. To everyone else going thru the same thing currently, stay strong. And to everyone else, give your parents a call. Tell em you love em. You never when the last time will be.
+#Edit 7: [The Terra Blockchain has been halted as of block 7607789](https://twitter.com/terra_money/status/1524935730308456448?s=21&t=tp_mzSrOnIx7yuGQpYxd-Q)
+
+#There was a circulating supply of 11.28B UST and a circulating supply of at least 6.87 Trillion Terra at the time it was shut off. It’s unclear what happens to the $11.28B in UST but I’m going to presume it’s dead.
+
+Edit6: CMC had a glitch where the price of Luna is not displaying correctly. As a result market cap is showing 20B they manually moved it into the 200 range. Also Binance delisted Luna.
+
+^(Edit 1-5 moved to bottom of post)
+
+——————
+
+ I've been following the state of Luna over the last week and have a number of posts on it - with my most recent one from yesterday - warning people not to buy the dip. I've been trying to figure out what to expect next and if ever would be a good time to invest in Terra.
+
+What do you need to know -
+
+* UST and Luna price are directly related - You can burn Luna and mint UST, or you can burn UST and mint Luna. On May 8th (not including any fees you could burn about 60 UST ($60) to get 1 Luna ($60) - when UST started depegging people became financially incentivized to burn UST and convert it to Luna - increasing the supply of Luna. Since demand isn't keeping up with the increased supply - the price of Luna is continuing to crash.  Currently with 1 UST worth $.55 and 1 Luna worth $.0058 (not including fees you can mint 330.57 Luna for $1 (true dollar) of UST.
+* Prior to the depeg there was a circulating supply of 18.6B UST. Currently there is a circulating supply of 11.9B UST. Meaning it only took 36% of the supply of UST to drop the price of Terra from $60 to .006. a 99.9999% drop. There is still 64% of the total UST that hasn't been removed/converted back to Luna. There is still a long.............. way Luna can fall.
+* Why would someone convert UST back to Luna? Because UST is worth $.55 and it can be converted to $1 of Terra. No guarantee it will be worth that though by the time you get/sell it (you could even lose money trying assuming the price of Terra continues to drop)
+* The [circulating supply of Luna](https://messari.io/asset/terra/chart/sply-circ) is up  425% in the last three days and likely to increase further and significantly faster as the depeg remains off and money flows out of UST into Terra further exponentially increasing the supply and dropping the price of Terra.
+* A lot more Terra is being minted for every UST now than yesterday. Yesterday for every $1 (true Dollar) of UST you'd get about 1-2 Luna today that's 330 and it's going to continue to increase at a faster and faster rate as the price of Luna falls. This is the death spiral of Luna and why investors shouldn't think they're getting Luna for cheap.
+* If the total marketcap of UST was lower maybe Luna could have survived this above $1 eventually people may have ran out of UST to burn for Luna and maybe you'd be ok buying it in case it ever recovered (this is likely part of why the last two depegs didn't crush Luna - the marketcap of UST was still relatively low enough Luna was able to weather the influx of UST burns.
+
+Speculation. What isn't clear is will people stop buying Luna. I mean if you get 10,000 Luna for $1 are some people going to buy it in case it ever "recovers?". If so will the people buying be able to continue to support people in UST trying to get out of the asset, or will people stop buying Luna if it adds another 10 decimal points (speculation) if so what happens to the money in UST? - does 11.9B stuck in UST became worthless if people aren't buying Luna? Eventually when this is all done with does Luna have a future without UST?
+
+\--------------
+
+None of this speculation is entirely clear, but what is clear - is.. UST is suffocating Luna and it could potentially become worthless unless people continue to buy Luna despite the number of decimal points it's going to quickly start adding.
+
+Last note UST has 11.9B stuck in and it's supported/can be exchanged for Luna which has a marketcap of roughly 16.6M-50M depending on the platform.
+
+Final Final note - some of the numbers are not perfectly correlated in different sections because the price was fluctuating while I was writing this.
+
+\---------------
+
+TLDR: Be prepared for Luna to drop alot farther $1 can now mint multiple hundreds of Luna and that will likely increase to thousands soon.
+
+——————
+
+~~Edit: [Breaking Luna blockchain has been halted](https://www.theblockcrypto.com/post/146615/terra-blockchain-halted-to-protect-against-possible-attack). I’m not familiar with details of that yet, but read below for my initial post.~~ The blockchain has resumed without staking
+
+Edit2: multiple sources are saying circulating supply is actually 33B+ a 10,000% increase from the prior amount of 343M since May 8th. 
+
+Edit3: according to the link in the top comment supply is 50B now up 50% since this was posted….
+
+Edit 4: if ops top comment is to be believed we’re at 227B total supply of Luna now. Up 7x from when this post went live.
+
+Edit 5: We just hit 1 trillion in the circulating supply of Luna. Like 20 minutes later we’re now at 2.43 Trillion..3 Trillion
+**PsychoMarket Recap - Thursday, November 12, 2020**
+
+Stocks fell today, with the Dow Jones and S&P 500 adding to yesterday’s losses with market participants closely monitoring the political situation in the US and a worsening virus situation despite positive vaccine data.
+
+The Nasdaq (QQQ) finished the day 0.46% down, the S&P 500 (SPY) finished 0.93%, and the Dow Jones (DIA) performed the worst, finishing 1.03% down.
+
+Since Joe Biden’s victory on Saturday, President Trump has struck an increasingly defiant tone, refusing to concede the election and baselessly claiming widespread, national voter fraud in favor of the Democrats. Since then Trump filed a flurry of lawsuits against key states, alleging voter fraud. Most of these suits have been thrown out of Court for insufficient evidence. Moreover, Trump is purposefully blocking Biden from accessing key information needed for a smooth transition of power. 
+
+Today, Bloomberg reported that the Trump administration was pulling back from negotiating a new stimulus package. There will likely be no further stimulus until a change in administration is made on January 20th. 
+
+Sadly, this week alone, daily new coronavirus cases in the United States went from a little over 100,000 (a record at the time) to more than 145,000 cases as of Wednesday, a new record of daily cases, according to data from Johns Hopkins University. The US has set a new number of daily infections every day this week, a very worrying sign. Hospitalizations are also on the rise, with the country recording record amounts of patients hospitalized with COVID the past two days, climbing from 61,964 on Tuesday to 65,368 on Wednesday, according to data from the COVID Tracking Project. That’s double the number of hospitalizations compared to a month ago. North Dakota and Wisconsin have warned their hospitals are reaching capacity, with both State’s governors declaring a state of emergency. Texas became the first state to surpass 1 million cases of coronavirus. The rise in infections comes with new highs in the number of deaths reported in a single day at 1,549, the highest since May 14. Tennessee, Alabama and Minnesota all reached new highs in the number of deaths reported in a single day, according to data compiled by the Washington Post.
+
+Earlier in the week, hopes of market participants and the public overall were greatly raised by Pfizer’s (PFE) announcement that their clinical trial showed their vaccine candidate had a 90% effectiveness in preventing COVID-19 in participants with no evidence of a previous infection. However, optimism moderated after it became clear that even with approval, widespread distribution of the vaccine wouldn’t take place until 2021.
+
+**Highlights**
+
+* Weekly jobless claims fall again in a sign of labor market improvement: a Total 709,000 actual claims vs 740,000 estimate
+* India announces $35B economic stimulus package to aid in recovering from the pandemic.
+* EV (Electric Vehicle) stocks were on absolute FIRE on the back of a nice earnings call by Xpeng Auto $XPEV!!! Nio $NIO reports on Nov 17, Li Auto $LI reports on Friday and things are heating up. Exposed to this wave are stocks like $TSLA $NIO $XPEV $LI $WKHS $HYLN $SOLO $KNDI $NKLA $GM $F
+* Service Now $NOW had an Upgrade by Morgan Stanley $MS from EQUAL WEIGHT to OVERWEIGHT at a price target of $652 the stock is currently around $510. (We like this stock at Psycho Trader, its a beast)
+* Ashland Global $ASH target raised by Credit Suisse to $94 at OUTPERFORM. Stock currently around $75.
+* Ascendis Pharma $ASND with two target increases. Stock currently around $160.
+   * SVB Leerik at $191 OUTPERFORM 
+   * Wells Fargo $WFC  at $190 OUTPERFORM
+* Coupa Software $COUP target raised by Deutsche Bank $DB from $305 to $345 at BUY. Stock currently around $290s.
+* Disney $DIS target raised by Morgan Stanley $MS from $135 to $160 at OVERWEIGHT. Stock currently around $134.
+* $DISH target raised by Raymond James from $50 to $58 at STRONG-BUY. Stock currently around $30 (We would consider this a notable call, calls our attention)
+* Lemonade $LMND target raised by Piper Sandler from $63 to $71 at OVERWEIGH. Stock currently around $60.
+* Snapchat $SNAP target raised by Deutsche Bank $DB from $40 to $48. Stock currently around $40.
+* Square $SQ target raised by Goldman Sachs $GS from $140 to $190 at NEUTRAL. Stock currently around $181 (wow! This stock is a monster, the market really likes it)
+* Costco $COST target raised by Morgan Stanley $MS from $360 to $400. Stock currently around $377.
+* Lowe's $LOW target raised by Telsey Advisory Group at $190 OUTPERFORM. Stock currently around $160.
+
+"Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor." -Sholom Aleichem
+I am looking at graduate salaries and I am shocked that they have remained the same for so long. The big 4 were paying £24k for new grads in London in 2003 and now the starting salary has gone up to £30k. I remember BT offered £28k for new grads in 2006 and looking at their website they are now offering up to £31k. Most schemes haven't really increased their pay much in 15 years.
+I'm not currently in a relationship but I had a conversation with a friend recently that's made me wonder row people handle money in a relationship.
+
+My friend is in a relationship and earns significantly less than her partner. They recently bought a dog together and she told me that she hadn't had enough money to fully cover her half of the cost of the dog. Therefore she owed her partner a few hundred pounds.
+
+Before this she also had periods of unemployment when  a temporary job she was working ended. This was a couple of months. She couldn't afford her half of the bills so she ended up owing him money for that and had to pay it off over a number of months.
+
+Being in debt to your partner is unthinkable to me but that maybe my aversion to debt. In a relationship aren't you working as a unit? If one of you loses a job due to no fault of their own is it fair to owe the other one?
+
+
+TLDR: If your partner earns significantly more than you and you lose your job should you be in debt to your partner for the bills and have to pay the money back to them?
+
+EDIT: They have been together for about 4 years and been living together for 3.5 years. They have a joint bank account as well
+Statista Link: [https://www.statista.com/statistics/246268/personal-savings-rate-in-the-united-states-by-month/](https://www.statista.com/statistics/246268/personal-savings-rate-in-the-united-states-by-month/)
+
+Obviously there are a number of reasons impacting peoples' ability to save money, but according to the Statista graph linked above, it seems like people have a lot more 'disposable' income than they think. If savings can skyrocket (*nationally*) 26% in a single month, clearly people can save more money *all* the time so they can actually make it for a few months on savings in case of an emergency. I'm not taking away from the suffering that countless people have been forced to endure, but a little bit of preparation likely could have saved (no pun intended) many from some of the tougher things they've had to go through during the pandemic.
+
+I also think this graph is pretty resounding evidence against the argument that most people don't have room in their budgets to put more towards savings. Pandemic or no pandemic, the ability to increase savings so drastically and so quickly says something about where most peoples' money goes. I guess this spike could have been due to the CARES stimulus, but I don't think this is likely the case since I find it hard to believe that an extra $600 could have caused such a large spike in savings for so many Americans (I might just not be in tune with who exactly the 'average' American is though). Hopefully this whole pandemic experience encourages people to re-examine their financial health!
+I'm 19 and due to certain unfortunate events have realised the need for financial prudence and am looking to get into investing as soon as I start earning my first salary. I cannot afford an investing course nor can I take any large risks as my financial state compels me not to do so. 
+
+I would appreciate any advice regarding how to plan for me and my family's future and how I can maximize the amount of wealth I garner in the long term as I want my family members, especially my younger siblings to have a better life than me.
+
+I'm currently preparing for law school entrance exams and might have to seek out an education loan, what's the best way to deal with that and consequently how do I rebuild my credit?
+
+Thankyou.
+Hi All,
+
+I'm only assisting a planner and overheard an interesting demand from a client...
+
+Client wants to buy tons of ibonds, like $200k worth.
+
+I know the limit is $10k. The clients idea and point to demand it is that he has purchased $10k for himself, spouse, child, and revocable trust before. Yes the trust shares his social and flows through his tax return. IRS didn't say anything before, no issues from CPA, and client had a whole long email explaining why he can do this... 
+
+He now wants to just open a bunch of trusts and buy ibonds in each of them ... does anyone have any definitive rulings or regulations that explain why this can't happen? 
+
+The website allows the client to make the purchases and therfore thinks we should do this for him... but we really don't think we should do this even thought the website allows him to purchase them in multiple trusts.
+
+What do yall think?
+So after finishing up 2020 I had some money laying around and decided I wanted to dip my toes into the stock market and ended up buying a decent amount of shares in GME(Gamestop) and AMC. Fast forward a few weeks and well I'm sure everyone has seen the news. Needless to say dumb luck can be a wonderful thing. I ended up making around 35k in total. So now I'm trying to figure out what to do to prepare for 2021 taxes. I'm married with a child but my wife is working on her phD so has no real income. Our household income is usually around 100k and with HSA, FSA, 401k, etc I can usually get down to the 12% tax bracket. So my question is what should I do with this money ? Putting in a saving account seems like a waste. We have little to no debt besides our house. I was thinking about maxing out my 401k for the year.
+
+​
+
+TLDR: Got extremely lucky with the first two stocks I ever bought and I'm trying to figure out what to do to prepare for Uncle Sam. Any suggestions are greatly appreciated!
+
+​
+
+Side note my wife is pregnant again(it is still early) but there will be alot of medical bills since we are on a high deductible plan. I'm hoping that will help some.
+
+Edit: sorry wanted to clear up some points. The gains have been realized I got out before the stocks came back down and I held them for about 3 weeks. I know I will have to pay taxes. I'm trying to figure out what to do with the money until I pay the taxes. Sorry I am brand new to buying and selling stocks. I usually just put my money into our 401k and Roth IRA. This is my first time actively buying and selling.
+Anyone ever have people happy when the crypto market takes a dip? When I arrived at work today there was a couple guys standing there with big smiles on their face. "Did you see what happened to your bitcoin over the weekend?"  I sold my bitcoin awhile back but they don't know that. I just said "I sold all mine on Friday and bought back on Sunday" Which was true just not bitcoin but that was beside the point. Made my freaking day to see their smiles fade and hear their voices go monotone as they congratulated me. Why in the world would you be so happy if you thought someone lost a lot of money? It's not like I brag about it either they ask I answer that's it.
+The Delta variant is not a threat:
+
+1. Texas, Florida, Missouri and Arkansas account for 60% of new cases. These states will not shut down. They will let the delta variant run wild. Those governors do not care. It won't affect business, unless businesses voluntarily choose to close. In some cases, it may motivate more people to get the vaccine. The vaccination rate is much higher in the NE, West Coast and in major cities.  The delta variant will have less impact on these areas than it will in rural areas.
+
+2. Vaccinated people who get the variant don't end up going to the hospital or die at the same rates as those without the vaccine. Vaccinated people are getting minor symptoms. Almost all hospitalizations and deaths are coming from unvaccinated.
+
+3. The CDC believes that 4.6 times as many people have had the virus and not tested for it than have tested for it. This means presumably that these people who had the virus and didn't get tested were not sick enough to get tested. JPMorgan thinks that about 70-75% of people have either had the virus or had the vaccine or both. So while it is a little surprising that the Delta variant is picking up steam, it probably will begin to peak much sooner than pervious waves simply because more people have been exposed to the virus than with previous waves.
+
+4. Hospital workers are vaccinated at a higher rate than the public. One of the biggest reasons for the shutdowns was to protect our front line health care workers. This can no longer be used as an excuse.
+
+5. The public will not stand for another round of shutdowns. It's not our fault some people don't want to get vaccinated. 
+
+Fundamentals and valuation:
+
+1. Markets are not good at self correcting based on valuation alone. Markets use data points to determine valuation and most data points coming in now suggest a continued bull market. Strong earnings, favorable monetary policy, continued QE until at least the beginning or middle of 2022, few competing alternative investments, clear evidence of transitory inflation, and a rebounding economy that will not shut down all suggest this bull market will continue to go higher. While there may be some profit taking and rebalancing that could lead to a minor correction of 5-10%, the markets will probably re-inflate to the same or higher levels unless there is new data points that suggest the fundamentals are becoming negative. 
+
+2. We are in an upside down market: any bad news is actually good news. This is because any variant threats actually lower the Fed's desire to begin tapering. The longer the Fed runs its QE program, the higher stocks will go.
+
+3. A major sell-off this close to the last is really unprecedented. There is actually more precedent that stocks will become extremely overvalued than there is precedent that there will be another sell-off this close to the last.
+
+4. Major market sell-offs almost always precede or coincide with a recession. Right now, there is not any evidence to suggest another recession is around the corner. And if there was, the Fed and the democratically controlled government would step up with more QE and another round of fiscal stimulus which would drive equity markets higher.
+
+5. How much higher can the market go? The S&P 500 is trading at a forward PE ratio of about 21.5x. Prior to the pandemic, it was trading at close to 18.7x. It's about 15% higher. I think that is easily justifiable based on the more favorable monetary climate alone. For comparison, the CRB commodities index is about 20-25% higher than pre-pandemic. Historically, investors have been willing to pay as much as 25x forward earnings for the S&P 500. So it's possible the market may test that level in the near future, so that would be a 16% run-up in prices. This compares very favorably to the downside risk, which I believe is probably somewhere near 5-10%, which are historically normal amounts for the market corrections. And remember, timing the market underperforms time in the markets, so most of the time, it's better to hold than sell.
+We found an apartment where we want to live... nice deal. $250 for each of us. Not bad. Only one issue: the apartment is "full" and won't let us see a room until we apply (and pay an application fee) and someone leaves their room. 
+
+My friends already applied with somebody else, but that person backed out. Now they want me. Initially I wanted to do it... but the more I learned, the more uneasy I got. In order to put my name on the application, we have to REAPPLY and pay ANOTHER application fee. Even then, they *still* won't let us see a room until someone else leaves.
+
+Sure, there's pictures online, but how can I tell that the pictures accurately reflect what's inside? They can't even get us in to see a single room apartment.
+
+My friends are pressuring me into signing... and I don't want to do it because I think it's unreasonable for an apartment to demand that I sign an agreement before I even see the damn place.
+
+Am I being unreasonable? On one hand I don't think I am, but on the other hand, my friends are pressuring me... so idk. 
+
+*Edit:* WOW. I really appreciate all of the responses. I got a lot to think about. Before I read all the responses my friend invited me to go see them and "Ask questions" about the apartment... I said I would go... but now I'm getting the feeling that I don't want to do business with this company. A company that's putting me through all of this just to see what I'm buying is not a company I need to give money to for the next 12 months. 
+
+My friends are also good friends. They're not malicious. I just don't think they know any better and they're trusting this company waaaaaaaaaaaaaaaay too soon. In this instance, trust should DEFINITELY be earned. 
+
+Anyhow: based on everyone's advice, I'm gonna trust my gut on this one. Again, thank you SO much for the responses. It's really reassuring and it gives me comfort in making the right decision. Have a great day :)
+
+Alibaba missed revenue and earnings expectations for the September quarter, as slowing economic growth in China and the country’s crackdown on its technology companies weighed on results.  
+
+
+Here’s how Alibaba did in its fiscal second-quarter, versus Refinitiv consensus estimates:   
+
+
+Revenue: 200.69 billion yuan ($31.4 billion) vs. 204.93 billion yuan estimated, a 29% year-on-year rise.  
+EPS: 11.20 yuan vs. 12.36 yuan estimated, a 38% year-on-year decline.  
+
+
+Alibaba has been a victim of China’s crackdown on its domestic technology industry which has seen a slew of new regulation brought in from antitrust to data protection.  
+
+
+While China’s tech giants have grown largely unencumbered over the past few years, Beijing has looked to clean up some of the behaviors of its corporates. Alibaba was fined $2.8 billion in April as part of an anti-monopoly probe.  
+
+
+Meanwhile, China’s economy slowed down in the third quarter of the year.  
+
+
+Expectations were low coming into the fiscal second-quarter earnings report as a result, with analysts expecting it to be one of the most challenging quarters ever for the Chinese e-commerce giant.  
+
+
+The company is coming off the back of Singles Day, a huge shopping event in China where e-commerce platforms push heavy discounts and rack up billions of dollars of sales.  
+
+
+Alibaba raked in gross merchandise volume during the 11-day period totaling 540.3 billion yuan ($84.54 billion). Any revenue Alibaba gets from this event will not be reflected in the September quarter.
+
+Link: [https://www.cnbc.com/2021/11/18/alibaba-earnings-fiscal-q2-revenue-misses-earnings-plunge.html](https://www.cnbc.com/2021/11/18/alibaba-earnings-fiscal-q2-revenue-misses-earnings-plunge.html)
+The fact that "Roll 212" has entered the lexicon is all that really needs to be said.  Sadly, most of the video has been scrubbed from the web.  (tinfoil hat time)
+
+https://www.npr.org/templates/story/story.php?storyId=101888064
+
+Edit:  Really investor dudes/dudettes?  Can't remember what happened?  Think that Cramer didn't recommend Bear Stearns?
+
+To be fair, a lot of the Jon Stewart video was removed.  I assume that's because CNBC has pull with the rest of Viacom.  But some of us remember Cramer and the Bear Stearns recommendation just a couple of weeks before BS melted down completely:
+
+https://www.youtube.com/watch?v=Qa50zFAdpto&t=0m46s
+
+Does anyone else remember the picture of the $2 bill on the revolving door on the day when BS was purchased?
+Our generation is getting the shaft. We are prospected to be the generation that is going to be worst off than their parents. The system is tuned for a generation that is not us. So how do we change it around?
+
+
+Bitcoin. It's anti-establishment. It will disrupt the few who have gamed the system. 
+
+
+Let's devalue the horde of wealth they sit on.
+You guys have helped me make some certain decisions. Start from the beginning saving my dumb ass from getting a car loan I still have that nugget car getting me by for now. And now the current help with purchasing a property I just bought my first home and I’m so happy and excited. I have come along way from having  a default on my credit score I thought my life was over.  To now so again thank you guys a lot for all the advice 
+
+Edit: Can’t change the title on my mobile I can’t believed I fudged it....
+What mistakes would you avoid of you started training today ?
+
+What sort of things were very obvious after a while but not when you started ?
+
+Do you think there is a set amount someone should start with ?
+Down 11% after earnings. Horrible new subscriber numbers. 
+
+IMO, NFLX will continue to tank into the low 200s. It might dead cat bounce here and there but the trend going in 2019 and 2020 is down. 
+
+Facts and Opinions
+
+-	It’s US subscription base is saturated. It’s the most stable, profitable. To increase revenue in the US, Netflix has to increase monthly price. This will be a further hit on new subs and current subs. 
+
+-	Foreign markets continue to see higher percentage growth. No necessarily a great thing. There’s huge marketing and support costs in trying to penetrate these new territories. This is cash burn hell. 
+
+-	Even with the 11% haircut. PE is at 125. CEO keeps saying it’s a media company not a tech company. Well, Hasting, DIS PE is 15. Please explain why your media company is 8 times more expansive then the best media company in the world that, by the way, will own HULU outright and will launch Disney+. NFLX fair value as a media company is 40-50 dollars. Let’s add a 4x multiple for its “growth story”.  Then it’s 200 per share. Not 300+
+
+-	It’s business model just does not work. Debt to equity ratio is 1.8. They have a burn rate of 3.5B in 2019 and more of the same in 2020. And for what? It’s mostly spent on content. Besides OITNB, HOC, and Stranger Things, it has not generated many franchises. Disney creates the best content franchises of anyone and it still cannot guarantee a hit. Content is not scalable or predictable. NFLX BURN RATE WILL HAVE TO INCREASE NOT DECREASE. Once Friends and the Office leave, they need their own mega-hits. No guarantees there. 
+
+-	Streaming was innovative and convenient 10 years ago. It’s taken for granted now. NFLX has no most. No tech advantage. 
+
+TLDR : NFLX fucked.
+Elon Musk sold nearly $7 billion worth of Tesla Inc. TSLA -2.44%▼ stock in recent days, regulatory disclosures show, just months after saying he wasn’t planning to sell additional shares in the company.
+
+Mr. Musk sold around 7.9 million shares between Friday and Tuesday, regulatory filings show.
+
+https://www.wsj.com/articles/elon-musk-sells-nearly-7-billion-worth-of-tesla-stock-11660096215?mod=breakingnews
+I want to touch on something and I'd like to hear how you guys feel about it.
+I think a major reason for the work-based culture is people having a need to do something meaningful in their life and to feel fulfilled. The catch is - I also feel like people are on some sense 'tricked' into thinking they have to dedicate their life to a meaningful career, which leaves a lot of people feeling lost or as if something is wrong with them in case they can't achieve it or don't even want to.
+
+This kind of resonates to me with the idea of FIRE. It seems very appealing and its definitely something I am gravitating towards since discovering this idea. I don't want to always be busy, and I like having a lot of free time even just to be lazy.
+
+Despite that, sometimes there is a creeping feeling of "am I just taking the easy way out" or "will I regret not pursuing a long and meaningful career".
+
+I think this comes from me battling with identifying which parts of my goals are really mine and which I adopted due to expectations. I realized what a lot of people consider normal life is not stuff I actually want, and I'm trying to find what I genuinely want to do in life.
+
+For context ill point out that I'm in a super early stage in my career, started 2 years ago in FAANG and about to finish my degree this year. Thinking of semi-FIRE after a couple of years and see if I can switch to a more chill part time or freelance work (altho this seems very hard to pull off).
+​
+
+# EDIT - POST ATTACHED - [CONVERTIBLE BONDS](https://www.reddit.com/r/Superstonk/comments/mmz5yx/convertible_bonds/) FROM u/ATOBITT
+
+​
+
+I started going down the rabbit hole of convertible bonds and boyyyyy are you on to something u/atobitt
+
+​
+
+​
+
+**TA;DR - SO, you want an ELIA? I think** u/atobitt **is going to do a DD on this and he'll explain it much better than I.**
+
+**But for the meantime lets ape it down;**
+
+​
+
+* A convertible bond pays fixed-income interest payments, but can be converted into a predetermined number of common stock shares.
+* The conversion from the bond to stock happens at specific times during the bond's life and is usually at the discretion of the bondholder.
+* A convertible bond offers investors a type of hybrid security that has features of a bond, such as interest payments, while also having the option to own the underlying stock.
+
+​
+
+You buy the bond, you get interest on the bond and at specific points, you can convert that bond into stock of the company. It's effectively a bond with a call option on the stock.
+
+​
+
+*As an example, let's say Exxon Mobil Corp.* [*(XOM)*](https://www.investopedia.com/markets/quote?tvwidgetsymbol=xom) *issued a convertible bond with a $1,000 face value that pays 4% interest. The bond has a maturity of 10 years and a convertible ratio of 100 shares for every convertible bond.*
+
+*If the bond is held until maturity, the investor will be paid $1,000 in principal plus $40 in interest for that year. However, the company's shares suddenly spike and are trading at $11 per share. As a result, the 100 shares of stock are worth $1,100 (100 shares x $11 share price), which exceeds the value of the bond. The investor can convert the bond into stock and receive 100 shares, which could be sold in the market for $1,100 in total.*
+
+[link](https://www.investopedia.com/terms/c/convertiblebond.asp)
+
+​
+
+# Arbitrage
+
+​
+
+**Arbitrage** is the simultaneous purchase and sale of the same asset in different markets in order to profit from tiny differences in the asset's listed price.
+
+​
+
+So basically what Kenny would do is take both positions in Convertible bonds and the actual stock.
+
+​
+
+If the stock goes down - Kenny has a short position, he's fine
+
+If the stock goes up - Kenny has convertible bonds that he can convert to actual stock to sell for a profit.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+​
+
+So...
+
+EDGAR was pretty easy to find anything relating to convertible bonds and Citadel. Just type in 'convertible citadel' into EDGAR and every filing that mentions both Citadel and the word convertible shows up.  That sounds extremely patronising (I don't intend it to be!).
+
+Funny how when I do this, all of these wonderful therapeutic companies show up....
+
+​
+
+​
+
+https://preview.redd.it/iwiyk5jov5s61.png?width=1899&format=png&auto=webp&s=3cab9d4a6a10bbe1f1a1b7d8ac941979241a1327
+
+​
+
+​
+
+Secondly, I'm not sure if you're looking into it from this angle but **Convertible Bond Arbitrage** is what made Kenny G a very rich man in the late 80's. I'm still trying to wrap my head around it but I believe the information would be much easier for a wrinkled brain like you to digest. Here some of the answer I found by digging into Ken and convertible bonds.
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+In answer to your question “**Why was Ken Griffin so successful with his convertible bond arbitrage strategy in 1987?”**
+
+I’m glad you asked WHY he was so successful with convertible arb. Because of the reasons or what made the trade possible.
+
+**CONVERTIBLE ARBITRAGE TRADE**
+
+I worked for an arbitrage firm in the early 80s, so in answering your question, I’ll also describe the markets at that time. Convertible Arb was “classic arbitrage” where the trader bought the convertible bond and shorted the common stock - the difference between the value of the bond and the value of the stock (amount sold = the conversion ratio of the convertible bond), resulting in a profit.
+
+In the 1970s - early 1980s, with the stock market depressed and interest rates high, very few retail clients purchased converts. Without that demand, the convertible bonds tended to trade cheap. It was this type of misalignment in value which presented the arbitrage. Which made good money until 1982.
+
+**DOW RALLIES, CONVERTIBLE BONDS FOLLOW**
+
+In March 1982, the dow began a multi-year rally, more than doubling from 2170 to 5768 in October 1987. Interest rates started to go down from the highs of 1981 (30 yr treasuries traded as high as 14% in 1981 and as low as 7 1/4 in 1986).
+
+Against this market backdrop, investors began purchasing convertible bonds again. This narrowed the spread, leaving little arbitrage opportunity.
+
+**THE CRASH OF 1987, WHERE KEN GRIFFIN COMES IN**
+
+**Then in 1987, when the market “crashed”, convertible bonds sold off much more than the common stock. The convertible bonds became so cheap relative to the common stock the arbitrage window opened again and Ken Griffin was clever enough to notice this and have the capital to commit to the trade.**
+
+**After the crash in 1987, stocks restarted their climb higher bringing back demand for the convertibles. In this market, Ken reversed his position, locking in a substantial profit.**
+
+**POST CRASH MARKET DYNAMICS**
+
+The demand for convertibles grew from there. As mutual fund company’s opened convertible funds and real investors were holding the bonds long term.
+
+Once again spreads narrowed, leaving little arbitrage opportunity on the table. By 1999 most convertibles traded at a hefty premium to the common stock. Convertible Bonds have hybrid benefits from both the stock & bond markets and both markets rallied during that time.
+
+**SUMMARY**
+
+Ken Griffin, in 1987 recognized the market sell-off caused convertibles to weaken relative to the common stock and put on the “classic arb” of long convertibles and short stock.
+
+He waited until the spread between the two normalized (narrowed) and reversed position. Locking in his profit. Clever man, Mr. Griffinn is. Clever man, indeed.
+
+​
+
+# 
+
+# AND
+
+​
+
+In many “stock market crashes” the principle reason for the dramatic decline is liquidity. An otherwise relatively normal down day becomes a disaster as more and more people decide to sell and less people want to buy, driving prices down rapidly and encouraging the cycle to continue. [Image](http://image.minyanville.com/assets/FCK_Jan2013/images/Josh/buysell.jpg)
+
+​
+
+https://preview.redd.it/3fwoyuv4w5s61.png?width=602&format=png&auto=webp&s=9b5a59254cdc4b592ac338243f9557edfa10e15b
+
+In 1987, convertible bonds declined more than the underlying stock for this very reason. The market for these bonds was a lot smaller than the market for the stock (generally the more specialized the product the smaller the market), so any sellers were essentially looking into a blank void of buyers. They had to lower their ask to pretty obscene levels just to tempt somebody to take the bonds off their hands. In hindsight this seems foolish but once the market is down 10%+ in a matter of minutes rational behavior tends to fly out the window.
+
+Ken Griffin may have had on what’s referred to as a [Chinese Hedge](http://www.investopedia.com/ask/answers/09/chinese-hedge.asp) whereby he was short the convertible bonds and long the underlying stock, in anticipation of collecting a small premium so long as the stock price doesn’t fall (if a convertible is a bond + equity option, then as time passes the equity option will expire worthless- thereby driving down the price of the convertible over time even if the stock price stays flat).
+
+Ironically, he would have been short vol due to this and only ended up with a profit (instead of a massive loss) because the market fell **so much** that the comparatively small liquidity on his short bond position saved his long stock position. In other words, he likely would have lost a lot of money if the market had fallen only -5% or -10% but was saved because the market fell -20%. If this is indeed what happened, then it would seem the reason for his profit in 1987 was merely a stroke of luck.
+
+​
+
+WRINKLESSSS
+
+[link to the above](https://www.quora.com/Why-was-Ken-Griffin-so-successful-with-his-convertible-bond-arbitrage-strategy-in-1987)
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+**I'll just be adding on as much information as possible for you to hopefully reference through and pick out anything valuable. Should stop incessant scouring across the web.**
+
+​
+
+In one filing, convertible bonds are also referenced as ***Equity linked securities***
+
+*“equity-linked securities” are to any debt or equity securities that are convertible, exercisable or exchangeable for shares of our Class A common stock issued in connection with our initial business combination including but not limited to a private placement of equity or debt;*
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Citadel seems to have a big holding Bolt Therapeutics and convertible bonds
+
+​
+
+https://preview.redd.it/chvq5h6i76s61.png?width=816&format=png&auto=webp&s=1afcdb0a1286a431eafb2a3d4b7ecb4f6de0a8c1
+
+# 
+
+https://preview.redd.it/dii68g7s76s61.png?width=871&format=png&auto=webp&s=c49ec1f195b27fc16a87bf5e046b76f5b1db079e
+
+​
+
+​
+
+​
+The MTGox transaction API (https://data.mtgox.com/api/0/bitcoin_tx.php) shows transactions MTGox authors.
+
+Throughout the outage— e.g. as early as the 8th— they've been making a small number of what looks like dust sweeping transactions.
+
+One shown right now is TXID ed7ffa58fef651adaf1281ad10e98a4399eb2be40950345c7ccb7c8f76f067e1   which spends 
+45d45286bac04311684ab7716ab170b50781cde6b094d9a644fb89ca07ae6888:31  which is the coinbase transaction of block 0000000000000000da75e32e941537e00bd2e752527adba6193f35ccaa6da293.  At the moment it only has 62 confirmations.
+
+Because the rules of the Bitcoin protocol prohibit spending coinbase txn with under 100 confirmations this transaction is currently invalid and will remain invalid for another 38 blocks.
+
+So after all this outage time, MTGox has still not fixed their software to stop authoring invalid transactions.
+
+This has always irritated me and I was hoping someone could explain it. By my logic whatever expenses you have, be it mortgage or rent etc, they’re paid for using your net pay - so therefore shouldn’t mortgages be calculated using the money you’ll actually have?
+
+
+
+Edit: thank you everyone for responding! The main take-away I got was “it’s complicated” and “gross pay is easier”. Also I should of mentioned I’m in the states, but only recently moved here from Australia where the gap between net vs gross is much closer aka much less is taken out each pay cycle. By and large I got my answer, thanks again!
+From most books I’ve read, the recommendation is to start a biz, LLC, s-corp, buy and rent out commercial real estate to help reduce taxes to a minimum. 
+
+Currently I’m only investing in the stock market. Still working a regular, high paying job (~$500k) and pay a huge amount in Income taxes. 
+
+Is starting a biz/getting involved in real estate the only way to get those amazing tax breaks? Would I ever be able to get similar results with less effort/doing stocks only?
+
+Pardon my ignorance, I’m trying to learn.
+I recently compared my advisor managed portfolios against the Canadian Couch Potato IShares, TD Mutual, and my DIY Portfolio*(ZAG.TO(20%), VRE.TO(15%), XWD.TO(15%), XEI.TO(15%)*.    I went back to 2014 when my advisor took over these parts of my portfolio and compared them against the best numbers I could find.  I thought some of you might enjoy looking at this but please remember it is for information/curiosity purposes only and I make no promises as to its accuracy. Know, however, that I did spend a considerable number of hours doing this, charting the history of YTD returns etc... and have doubled checked as much as I could.  My intent was to be able to make an informed decision if it would be worthwhile moving these investments into my Questrade account and manage them myself.
+
+What I find fascinating is that even though the fees for the TD E-Series mutual funds and my DIY comparison are higher than the allocation ETF's they still outperformed.   I also wonder and would expect that you could likely see similar results buying the ETF equivalent TD Mutual Funds via Questrade(TDB,TTP,TPU,TPE).   *This is because Questrade charges 9.99 per mutual fund trade.*
+
+Anyhow have a look the summary below.  The image linked below the summary has more data included fee's, annual return averages, and results as of Dec 31 2019. Feel free to comment if you have any thoughts.
+
+---------
+
+* **LIRA OPENING $87,3128.63 (Aug 2014) to Mar 27 2020 (No Annual Contributions)**
+* Advisor:$101,805.84
+* DIY: $118,337
+* XBAL:$107,833.61
+* XGRO:$112,020.18
+* XINC:$104,094.44
+* XCNS:$106,998.80
+* **TDMF:$121,559.25**
+
+---------
+
+* **RSP OPENING $44258.69 (Sep 2014) to Mar 27 2020 ($3600 Annual Contributions)**
+* Advisor:$67,435.63
+* DIY: $82,848.65
+* XBAL:$75,865.74
+* XGRO:$78,174.27
+* XINC:$73,617.53
+* XCNS:$75,258.64
+* **TDMF:$83,234.94**
+
+---------
+* **NOTES**
+* See full summary image: https://imgur.com/a/0RDgz0I
+* *The DIY portfolio is a mix of ZAG.TO(20%), VRE.TO(15%), XWD.TO(15%), XEI.TO(15%)*
+* TDMF is the 25% Equally Balanced TD E-Series Couch Potato
+* Advisor *(Edward Jones)* portfolio has contained a large volume of actively managed growth mutual funds that apparently beat the index.
+* Also know there is very little change in the TD Mutual Fund even if you do a 40%Bond then %20/%20/%20
+
+I think I will be leaving my advisor soon!
+One of the few oil companies that hasn't slashed their dividend and reiterated today that it will pay June's dividend as well.
+
+https://ca.finance.yahoo.com/news/canadian-natural-resources-swings-to-13-b-loss-abandons-guidance-142404711.html
+
+Aside from losing almost $1Billion last quarter, the company says it has $5B of cash and liquid assets on hand.
+
+I see a lot of mis-informed comments on here claiming no company can make money off the oilsands for under $30/bbl so I wanted to share their most recent operating costs per barrel.
+
+
+**CNRL said that it has reduced its operating costs to about $10.20 USD per barrel for their liquids.** *I am assuming this means this is close to their company average operating cost for all products except natural gas.*
+
+More specifically:
+
+* Thermal In-Situ Operating Cost: $8.19 USD/bbl
+* Oil Sands Mines: $15.43 USD/bbl
+
+The full earnings press release is here:
+https://www.cnrl.com/upload/media_element/1290/03/0507-q120-front-end.pdf
+Came across this analysis of BPY/BPYU that paints them in a quite a negative light, I've read through it and would be curious to hear others' opinions (I personally currently hold BPY, bought at the lows and am sitting on a nice gain, but am considering selling): [https://www.valuewalk.com/2020/09/bpy-bpyu-dividend-negative-equity/](https://www.valuewalk.com/2020/09/bpy-bpyu-dividend-negative-equity/)  
+
+
+The key issues highlighted (see the report for further context) are:  
+
+
+* Overpayment of distributions – We estimate that BPY had annual cash flow deficits after distributions of approximately ($1B) before [Covid](https://www.valuewalk.com/china-coronavirus/) that will grow in 2020.
+* Cash cow no more – BPYU was the largest source of cash for BPY. In 2019, we estimate that $790M of cash upstreamed from BPYU amounted to 67% of BPY’s distributions paid. BPYU’s cash distributions to BPY declined to $0 in 1H20.
+* Overstated NOI and operating metrics – BPYU’s steady q/q revenue and soaring accounts receivable in the face of collapsing cash flows suggests reported NOI and EBTIDA are overstated. We use reported figures, but adjusted operating metrics are likely 20% lower at BPYU and 10-15% lower at BPY.
+* Insurmountable debt – BPY and BPYU both have extremely high levels of debt. Debt/EBTIDA of 15.4x and 14.3x, respectively, are twice the peer group average of 7.4x. Interest expense is 61% and 182% of adjusted cash flow for BPY and BPYU, respectively, compared to 30% for high-quality peers.
+* Debt defaults and consequences – BPYU is in default on $1.2B of mortgage debt across 12 properties and has approximately $4.9B coming due by the end of 2021. We believe continued debt defaults may lead to a collapsing of the corporate holding structure, putting assets across BPY at risk.  
+\--------
+
+My takeaways are:
+
+* While they are backed by BAM, the debt/EBITDA is more than 2x higher than its peers (i.e. SPG) and operating cashflows are not currently covering their interest payments.
+* Both Brian Kingston and Bruce Flatt seem to be willfully optimistic in the future of office space
+* Their IFRS vs. US GAAP statements are conflicting, with the US GAAP showing significant more challenges with debt.
+* When GGP declared bankruptcy, their SPE structure was challenged by their debt holders which led to the courts collapssing cashdlows into a single pool (BPY relies on their SPE structure to keep debt at a property vs. company level, but this seems like it may not hold up in court).  
+
+
+In summary this report has definitely raised some red flags for me. While I continue to hold my BAM shares, the BPY side seems like the risk may no longer be worth the reward.
+How much are real estate agents pulling in capital cities these days? If they’re making 1-2% of each property sale, they must be making more than lawyers and doctors. 
+
+If this assumption holds true, how is it justified? Real estate commissions were established when property prices were $100k in the 90’s, not $2 million like today. RE agents would be the only profession to have had sustained wage growth over the last 20 years (again if the above assumption is correct).
+My wife returned to work after a year of maternity leave. In doing so she went from the manager's role to a part time senior role. 6 months later she has been made redundant, as they dont have use for the part time role.
+
+Tbh she felt this coming almost immediately after she returned to work. Her new manager wasnt comfortable with the old manager working  beneath them. This resulted in her being bounced to another department.
+
+I assume that her redundancy pay will be based on her part time wage of the last 6 months? Although she did 8 years full time working her way up from customer service to manager before maternity leave.
+
+Very disappointed, although she is well shot of this mob.
+Felt good to sniff that green crayon once more today.  Something felt different. It was a lovely, bias confirming feeling that washed over me. A lot of things aren't going too great for me, but no matter what happens, I'm gad to be part of it.
+
+The GameStop Saga is in one of the most unique events in the history of finance. It is the blackest of swans. The strangest of anomalies.
+
+In the dawn of this New Gilded Age, the clash of advanced high frequency trading algorithms built by psychopaths to exploit emotion VS the brainpower of millions of people focused through the prism of the internet into one girthy beam of light so fuckin' hot and bright it vaporizes corruption like big fucking Eye Of Sauron built by the good guys, like if a hobbit was tasked to build an Eye of Sauron, instead of like, slime-covered Citadel worker-orcs or whoever the fuck built that shit. 
+
+I guess what I'm tryna say is - this shit's going to the moon and Kenny G is an unsophistocated criminal.
+This is the official $GME Megathread for r/Superstonk. Please keep ALL conversations contained to Gamestop and related topics.
+
+**Not enough karma?** Here's a [**quick guide**](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+# [announcements](https://www.reddit.com/r/Superstonk/wiki/index/announcements)
+
+* Make sure to check the Announcements regularly. Large updates will be made as posts using the [**Red Seal of Stonkiness**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%99%8C%F0%9F%92%8E%20Red%20Seal%20of%20Stonkiness%20%F0%9F%92%8E%F0%9F%99%8C%22) or [**Moderator**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22) flair, but smaller updates will be listed in the Announcements.
+
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+
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+
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+
+# important links
+
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+
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+
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+
+*Daily discussion threads are created at 4:00 a.m. EDT*
+I live in japan and a Japanese friend told me they heard that Japan’s national debt was non-existent and the public is being lied to by the gvt’ here about its existence.
+Of course this is untrue but my knowledge of (macro?) economics is insufficient to put forward a solid argument as to why it’s untrue. 
+I’m thinking along the lines of zero inflation in 20 or so years here proves there is a national debt. 
+If anyone can layout a very simple explanation to prove Japan has a large national debt in, ideally, simple terms I’d appreciate it!
+Thanks in advance :)
+I hope to get a serious and honest answer on this because it truly baffles me. The concept of one currency having more strength over another is not the question here but rather the understanding of what it represents. I live in the USA and my friend, for example, lives in New Zealand. At the time of this writing, 1 USD = 1.48 NZD. My understanding thus is that should I convert 1 dollar I will gain an additional .48 cents thus the USD is stronger. When we talk about how much things cost for me here versus there I always tell him how much I paid for something then I convert it to his currency for him to have a better understanding but I feel as if this isn't accurate. If I spend one dollar here, is it the same for him, for example, to spend one dollar there? If I go there and convert my currency and I buy a bottle of water for 2 dollars NZD I of course would pay less because of the conversion rate, but for him its 2 dollars and if for example I bought the same bottle of water in the USA I would spend a true equal amount of 2 dollars. In the end, if we were to both buy the same bottle of water so to speak in our respective countries, that means we actually spent the same amount for us relative to our currency and economy or did he spent more than me? I told him once that I bought a new laptop for 1,200.00 USD but then I said wait let me convert it for you and I told him that it really is $1781.00 NZD for him. This means that if he came here and bought the same laptop he would have to convert more money to USD to be able to buy the same item but if he were to buy the same laptop there for the same price (1200.00) would that be different? What I mean by this essentially is is that should I stop converting my currency into his when telling him how much I paid for things because if I say too him that I paid 1200 dollars here should it be no different to him than spending 1200 NZD there? I'm so confused please help me!
+Hi, all--
+
+Sorry if I make any errors in posting. I'm working on some research (PhD candidate, Political Science/International Relations) and I am finding myself lacking the vocabulary necessary to formulate my argument. I'm hoping posting here can help me identify the concepts I'm skirting, and/or just help clarify my logic where it may be off. 
+
+Thanks in advance, but please be patient/gentle--I'm not an economics, even a little bit. :) Here goes, and I'm sorry for not knowing how specific to be:
+
+There's an argument out there that I want to push back against. It says that powerful states colluded to create a cartel and imposed it as a means of resolving a coordination game. While I think the mechanism created did indeed solve a coordination game, it was *not* in my opinion a market conducive to cartelization, nor were the actors involved capable or interested in imposing something like a cartel on others. I think instead that the organization in question was doing *something else* (and I'm trying to figure out what the right economics-adjacent term is), primarily reaching an informal agreement to allow actors to credibly commit to not undercutting each other. 
+
+I can give more information as needed, but in general I'm looking for:
+
+* What types of concepts might be used to explain the resolution of a coordination game that aren't cartel formation, since I really don't think this case is explained by the imposition of a cartel
+* Adding to the above, the case in question is one in which the agreement was informal, non-binding, with no treaty or reciprocity mechanism
+* My PI has suggested I look into some specific concepts like "focal point" and/or "selective incentives" but I fear he may be shooting from the hip as I quickly get lost when trying to google these terms. If these terms make sense for what I seem to be asking about, please help me make sense of what those are doing in a case like what I'm talking about. 
+
+Thanks in advance. Even just telling me where I need to look further would be helpful; as you can see I'm not even really sure what I need to be asking, but I want to learn more.
+What are some countries whose economic performance has diverged over the years and are worth learning about? Haiti and the Dominican Republic come to mind as they had a similar GDP per capita in 1950, but are vastly different nowadays. What are some other good comparisons you can think of? Thanks!
+A short update on the post. A lot of you commented on my transportation costs and some remarked the gas cost seemed too high. Turns out my car had a faulty oxygen sensor and was not using the gas efficiently.. at all. $330 later that problem has been corrected. Hopefully I'll be able to save some money on gas now. I also moved my auto insurance and was able to save $400 annually for the exact same level of coverage (and one slightly enhanced benefit!). 
+
+
+On another note, I mentioned I was in the process of refinancing my house. In addition to being able to shave 2 years off of my mortgage term, I was able to save $180 on my monthly payment. Part of this had to do with the house being appraised higher resulting in a reduced PMI. 
+
+
+Still struggling on how to balance my finances while I spend an exorbitant amount of money with my kids in preschool/daycare. These "little" changes will certainly help. 
+As the title says, my wife received this notice on Friday night. The tax bill was from 2009 in the amount of 17,576 and the rest is interest and penalties. This was sent regular, not certified, mail.
+
+She received a notice in 2018 from the IRS stating that there was outstanding taxes owed from 2009, but  there was no action required on her part at that time. After a year of no more contact, we assumed it went away.
+
+My wife graduated high school in May of 2009 and started her first semester of college in August 2009. She had a summer job in a restaurant but in no way was she able to make enough income for that amount to be accurate.
+
+Here’s the rub: she thinks her mom May have filed on her behalf to avoid paying taxes. Her mom passed away in 2014 so we cannot confirm this with her if we wanted to.
+
+Of course, we will be contacting a tax professional, but I was wondering if this community could give us any feedback. We aren’t in a financial position to be able to stroke a check for that amount.  I read a little yesterday on the 10 year time limit for the irs to collect on outstanding debts. Assuming this was filed in 2010,  we should be almost on the other side of that.
+
+Thank you in advance for any help y’all can offer.
+
+Edit:  y’all have been awesome! Phone calls and letters will be sent tomorrow. All of your collective responses have given us an understanding of what is going on and how to attempt to resolve this issue.
+49 female..currently working under the table..no retirement or health plan.  I do however have about 80k .  trying to map out my future and get myself on track.
+Newbie here. Bought in at 132 late last year with my capital being 6000. It's now whittled down to barely 2000 a thin line away from automatic liquidation. What to do? Sell calls to average down cost and take it when it gets assigned? Buy puts to gain more excess liquidity? Just sell? Tis an awful awful feeling this :(
+Plenty of people recommending unrealistic ways to make money outside of a day job.
+
+I find this sub a bit more mature and balanced 
+
+Does anyone have a legitimate way to make stable extra income outside of a day job 
+Warren Buffett is CEO of Berkshire Hathaway, but he bought his first stock when he was just 11.  According to Forbes, Warren Buffett is worth $82.5 billion, making him the third wealthiest individual alive behind his friend and co-founder of Microsoft, Bill Gates, and Jeff Bezos, founder of Amazon.
+
+“When a individual with cash meets an experienced individual, that individual with experience ends up with cash and that individual with cash leaves with experience.“.This was Warren Buffett’s response, when asked about his best investment advice. Warren Buffett says that experience is the ultimate key to be a successful investor.
+
+One of Buffett’s most famous quotes is “Be fearful when others are greedy, and greedy when others are fearful.”
+
+Warren Buffett is considered to be one of the best long-term investor, so it’s no wonder many people like to listen closely to Buffett’s words of wisdom, in order to apply them to their own lives. With that in mind, here are Warren Buffett’s Investment Tips
+
+Warren Buffett’s Investment Tips
+
+Investing is long term Game
+
+Money doesn’t grow overnight, by getting nine women pregnant you can’t make a child in a month. No matter how good the talent or attempts are, Warren Buffett is just saying some things take time.
+
+Investment planning should be done by considering long term goal. Investor goes for futures and options with the hope of making quick money but they are actually the one who loses more money.
+
+Warren Buffett never did trading (Intraday or Positional). Warren Buffett also says “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for ten minutes.”
+
+Diversification isn’t always a good idea
+
+Many good investors says diversification is good idea for investment in stock market. But Warren Buffett tends to disagree with the idea.
+
+Warren Buffett suggests diversification is for individuals who have little knowledge of investment. An experienced investor should select long-term stocks and have confidence in their investments.
+
+“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.” – Warren Buffett
+
+Some investors diversify their portfolios because they are afraid that any one stock might sink their entire portfolio; but, while doing so, it becomes much harder to keep focus on individual investments. They may decrease their portfolio’s volatility by diversifying, but at the same moment decrease their focus on individual investments.
+
+Excessive diversification also means that a portfolio is likely invested in a number of businesses, diluting the impact from its high quality holdings.
+
+“The idea of excessive diversification is madness.” – Charlie Munger
+
+Don’t invest in a company whose business you don’t understand
+
+This is one of the most important Warren Buffett’s Investment Tips. People invest their hard earn money just by hearing something good about the particular company from others. You can determine if there will be any related economic issues in the future by knowing the company. In the stock market, there are many firms whose company can be understood by any ordinary individual. Buffett warns you should never invest in companies you don’t comprehend completely.
+
+Trust yourself to be a successful investor
+
+Warren Buffett says that the hardest thing is to trust your investment decisions. You always think that others are right and you are wrong. Instead, you need to study and believe in yourself.
+
+“I always knew I was going to be reach. I don’t think I doubted for a minute”- Warren Buffett
+
+To be successful, you need to overcome the fear and not pay attention to what others are telling you. Accumulate understanding and create investment choices to stand apart from the crown and be a winner on your own.
+
+Think like an owner
+
+Warren Buffett always says in his interview, you have to thinking like an owner changes your whole views on stock investing.  Warren Buffett says if you are going to own a new car/bike, you will think about its fair valuation, you will think about its features and you will compare it with cars/bike offered by other manufacturers from the same segment. Then you’ll decide which one to purchase after reviewing everything. Similarly, stocks should have the same view.
+
+Prefer quality stocks than cheap stocks
+
+A lot of people buy stocks just because they are cheap without understanding that cheap is not always better. Charlie Munger’s Buffett discovered that “buying a great company at a fair price is far better than buying a fair company at a great cost.” Chances of losing money in cheap stocks are very high compared to investment in a fairly valued stock
+
+There’s no room to be emotional
+
+“Some individuals are not supposed to own stocks at all because they are too annoyed by price changes. If you’re going to do stupid things because your inventory is going down, you shouldn’t own a stock at all, “Warren Buffett said during a cnbc interview. Some people aren’t really mentally or psychologically fit for their own stock, but I believe more of them would be,” Buffett said if they were more informed about what they’re actually purchasing, which is component of a company
+[https://www.cnbc.com/2022/12/15/elon-musk-sells-another-huge-chunk-of-tesla-shares-.html](https://www.cnbc.com/2022/12/15/elon-musk-sells-another-huge-chunk-of-tesla-shares-.html)
+
+This is the 2nd or 3rd sale since he publicly said he was done
+
+ [https://twitter.com/elonmusk/status/1519850299757846530?s=20&t=PZQbCUDUijtxV-mTomrH3Q](https://twitter.com/elonmusk/status/1519850299757846530?s=20&t=PZQbCUDUijtxV-mTomrH3Q)
+
+Wonder how the market will respond tomorrow
+https://www.ft.com/content/f4283596-c967-11e9-a1f4-3669401ba76f
+
+Some quotes from the article that show how bad the author misses the point:
+
+>The first problem is property. Most young people I know would struggle to save even 20 per cent of their annual income, as they spend more than 50 per cent of it on rent. Others manage to save — plenty still live with their parents — but intend to use their pot as a property deposit, rather than a retirement fund.
+
+We've seen countless examples on this sub of people with average incomes saving large fractions of their income just fine, but just because some people can't means that the whole concept is flawed?
+
+>And the longer-term worry is the maths. Catchy concepts such as the “4 per cent rule” look increasingly optimistic as global growth stutters, and bond yields turn negative. I’m a fan of investing in low-cost trackers, which have served my portfolio very well over the past decade, but I’m not expecting this performance to be repeated over the next 10 years.
+
+I don't think she understands the math enough to criticize it if she can't even offer any reasoning other than 'past market performance does not guarantee future results'. Maybe the 4% rule won't hold for some periods in the future, but the same is true for pretty much every other rule-of-thumb...
+
+>My final beef is the frugality. If you take money saving to the extremes that some Fire devotees claim to, then the whole thing becomes self-defeating.
+
+FatFIRE anyone?
+
+>In the old days, we may have tried to hide our penny pinching ways. Today, virtue signalling has made being thrifty fashionable.
+
+You're just a bunch of hipsters here not getting any real benefit. 
+
+Author info
+>Claer Barrett is the editor of FT Money, and presents a daily financial news bulletin on Eddie Mair’s LBC drive-time show at 5.30pm
+I am 23 and a nurse.
+
+Currently, I make $34/hour normally.
+
+Due to the nursing shortage however, during overtime I make $140/hour, $155 on the weekends. Due to the incentive I feel compelled to work all the time. I generally work 48-60 hours a week.
+
+My body is tired; my mind is tired. I have goals I'm working towards and the crazy overtime pay really helps. 
+
+I don't actually mind my job, I actually kinda like it. I do get to see my friends, albeit less than I'd like and I do lose sleep sometimes. I have been employed for exactly a year and have saved up over $50,000 towards my FIRE goal. I am trying to have $750,000 by the time I'm 35. I figure if I just work really hard right now I can rely on compound interest to take me most of the way. But fuck, I'm tired.
+
+I really want to keep just working my ass off until the overtime incentive runs out, because I feel like I won't have this opportunity forever.
+
+Anyone else been in a similar situation? How do you find a life/work balance in situations like this?
+**Well…. According to all the DD and info I’ve been reading for the last 4 months (including all the DD and post made)**
+
+GME is gonna get into an inflection point soon (IMO as soon as all the DTCC and SEC “firewall” rules come in place. Yes I’m looking at your 801/002 !!) and the bubble is gonna burst (right now the margin call of the bubble must be around 300-450 according to how hard the try to stop the price going up in mid March around $350 and the bubble is lot bigger since).
+
+https://www.reddit.com/r/Superstonk/comments/mkvgew/why_are_we_trading_sideways_why_is_the_borrow/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+This will cause to pretty much every other stock in the SP500 and the entire market to drop due to the liquidation of assets and portafolios of the shorts/HF (citadel and friends) that they have in other stocks and places. GME is disconnected from the market and the negative beta shows it, but the shorts big portfolios will impact other stocks and indexes.
+
+Once the clearing institution receive the signal they will start balancing the books and we will squeeze (you know how’s is gonna play).
+
+**We can see here the current levels are off the chart**
+
+https://www.reddit.com/r/Superstonk/comments/mq2iam/just_hold_on_tight/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+The effect on the stock and SP500 is gonna cause a ripple effect and cause another problems and this includes the bubble that there is (huge) in the 10 year treasury bonds (just as michael Burry predicted) that will collapse as well and will give shorts tons of money and drive the government illiquid. Don’t forget China owns about 6% of those bonds.
+
+**this is what Michael Burry has been warning us**
+
+https://www.reddit.com/r/GME/comments/mil875/michael_burry_handed_us_the_missing_piece_on_a/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+The money machine will go brrrrr to print GME money and to cushion the treasury bonds. That will cause too much money to be circulating around.
+
+**hyperinflation**
+
+This will cause inflation and hyperinflation, the usual cure to hyperinflation for banks is to limit and stop borrowing money around of all sorts to people by raising the interests heaps.
+
+Increasing interest rates will cause a lot of loans to default especially the ones with adjustable rates since people won’t be able to pay them anymore (interest too high).
+
+The whole economy including the entire world economy is gonna receive a big blow. Massive spread of wealth. Bubbles hurting everywhere.
+
+That is gonna last for a couple or few months until the government start collecting taxes (and start receiving taxes from other sources when apes start spending).
+
+**the calm after the storm**
+
+Apes will start spending and buying, returning the money to the banks and to the system, especially after they will use that money firstly to pay all the debts, a lot of those mortgages will be paid and that will relief a bit the bubble.
+
+Once the government claim the tax that’s almost 50% of apes money coming back to them plus all the money apes spend in houses, cars and basically giving money away around them.
+
+The economy inflation will decrease and things will be cheaper, the economy will be greatly stimulated and a new system will come in place, more regulation for this not to happen again (hope for a more transparent, blockchain, fair system live 24/7).
+
+The economy will be better than ever since the money is spread around and not sitting in some people big cushion banks (apes will make business, create technology, make the world a better place!!).
+
+**Cryptos will be the saving grace of currencies**
+
+Decentralized currencies like crypto’s will be the least affected in the market chaos and will fall at first (due to the liquidation of HFs and all the fuckery) but then will skyrocket after lots of apes will spend money in cryptos due to lose trust in the centralized market.
+
+**what to buy to fight inflation?**
+
+There will be more interest in buying land outright without banks involved, buying gold, art, assets, invest in strong currencies and cryptos (after they recover from this fall) to protect the money and other forms of currency due to the devaluation of the dollar.
+
+**conclusion**
+
+This is how I see the game playing for the future. I might make this a DD since I actually like what I wrote hahahah.
+
+This is no financial advice, just a regarded ape playing with his logical Crystal ball!!
+
+If you like what you read please give it a nice upvote or a nice award so more people can see this. Happy to reply to any comment like in my previous post.
+
+“We are not them” -snuffles (Rick and morty) let’s not become them!
+
+Please promise me apes that you will do you with your tendies, that together we will make this world a better place.
+
+My plan is to try and give away some money to people under the promise to spend 1 hour of everyday trying to make the world a better place, however they want. But under a promise to make one hour of everyday to the world.
+
+Much love for everyone!
+
+Please let me know if I’m using the wrong flair!!
+
+Edit: I’ll be adding all the supporting DD links as I’m collecting them, need more I gather all the DD I read for each bit and piece.
+
+Edit 2: few apes told me not invest in diamonds, it’s not a good option anymore because there is a company that manipulates the price of them and has the monopoly. Also they can be produced artificially almost to perfection now.
+
+Edit 3: clarifying the negative beta bit.
+Figures reference NAB's 2019 Investor report ([https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/fy19-investor-presentation.pdf](https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/fy19-investor-presentation.pdf))
+
+**Background**
+
+\- NAB had $304bn in housing loans in Sept 2019 (page 66)
+
+\- 2.4% ($7.6bn) had negative equity (page 20). $200 million of which had no lenders mortgage insurance (page 20)
+
+\- 1% ($3bn) of there loan book was >90 days past due (Distressed) (page 20)
+
+​
+
+**Problem**
+
+\- in NAB's home lending stress model - it predicts a $4.1bn  impairment across 3 years. This is assuming a 2.9-3.1% in GDP across 2 years. (page 67)
+
+\- the IMF has predicted a 6.7% contraction in GDP this year ([https://www.imf.org/en/Countries/AUS](https://www.imf.org/en/Countries/AUS)). Predictions beyond this point are non-sense because we don't know how long the virus will last. This is 2.2x the beyond NAB's model.
+
+\- if we assume that impairment is proportional to contraction in GDP this brings actual impairment costs to $9.02bn
+
+\- A few days ago NAB announced $1.1bn in impairment costs unrelated to coronavirus ([https://www.afr.com/companies/financial-services/nab-s-profit-hit-by-1-1b-on-wealth-software-charges-20200420-p54las](https://www.afr.com/companies/financial-services/nab-s-profit-hit-by-1-1b-on-wealth-software-charges-20200420-p54las))
+
+​
+
+**The back of the envelope maths**
+
+\- NAB's Stautatory profit for last year was $4.8bn ([http://capital.nab.com.au/docs/2019-Annual-Financial-Report.pdf](http://capital.nab.com.au/docs/2019-Annual-Financial-Report.pdf)). I recognise, this figure is fictional as accountants can pull any number out of a hat. However, for the purposes of simplicity, lets assume this reflects real profit
+
+\- Assuming the base case scenario where profit remains equal from all other NAB businesses (which it won't), NAB would have a  ($4.8 x 3 years) - ($1.1bn + $9.02bn) = $4.28bn of profit across 3 years = 1.4bn profit per year
+
+\- Current NAB market cap is $47.27bn
+
+\- So based on expected profits its trading at \~33x price to earnings ratio
+
+\- Historical P/E for Financials in Australia are about 15 ([https://www.rba.gov.au/publications/rdp/2019/2019-04/australian-equity-market-facts-1917-2019.html](https://www.rba.gov.au/publications/rdp/2019/2019-04/australian-equity-market-facts-1917-2019.html)) See figure 19.
+
+**Summary**
+
+\- NAB is trading at 2x its fair valuation in the middle of the recession with no current end point.
+
+\- This is in the context of housing prices which have risen above inflation for the last 30 years ([https://www.rba.gov.au/publications/bulletin/2015/sep/3.html](https://www.rba.gov.au/publications/bulletin/2015/sep/3.html)) (See graph 2) and housing prices which are some of the most expensive in the world ([https://www.afr.com/companies/financial-services/australian-property-still-world-s-most-expensive-despite-sharp-falls-20190508-p51l5x](https://www.afr.com/companies/financial-services/australian-property-still-world-s-most-expensive-despite-sharp-falls-20190508-p51l5x)).
+Congrats to those who is still sticking in this very bitter time! Well we got not much choice anyway ¯\\\_(ツ)\_/¯
+
+It's already Monday here in most part of South East Asia, weekly candle is already green I doubt it will dump with the remaining time of the week in other timezones (I'm not trying to jinx it!)
+
+As you guys know the worse consecutive red weekly candles happened from August to September of 2014. I've skimmed through the weekly chart and there are a lot of 4 consecutive red candles btw.
+
+https://preview.redd.it/i03nxrhr2v391.png?width=853&format=png&auto=webp&s=6453af956a3920345f24a6f836a94215f8ceec1c
+
+We've been through another shitty situation it seems.
+
+But we're not done yet! We're still in a bear market, yes we're in a bear market stop the denial.
+
+# If you really wanna make money, be patient and stick around!
+TLDR - [Net Worth](https://imgur.com/a/mmYt2Kn) and [Income](https://imgur.com/a/zMkHXN6) charts.
+
+I've been posting my family's net worth updates annually on this subreddit for many years (see [2015](https://www.reddit.com/r/financialindependence/comments/308xtv/on_track_to_re_by_50/), [2016](https://www.reddit.com/r/financialindependence/comments/4a6oww/one_year_update/), [2017](https://www.reddit.com/r/financialindependence/comments/5ynkqi/two_year_update/), [2018](https://www.reddit.com/r/financialindependence/comments/838e92/three_year_update/), [2019](https://www.reddit.com/r/financialindependence/comments/b44qvp/four_year_update/), and [2020](https://www.reddit.com/r/financialindependence/comments/fevzeg/five_year_update/) updates); I find sharing my plans and progress to be helpful for giving myself a heading check, and hope this community finds my inputs to be helpful.  Last year, my post happened right as the the apocalypse was kicking off, and our portfolio was suffering heavy losses.  Let's see how that turned out over the past year.
+
+**Current ages: 35 and 34**. We have two kids who are now entering public school age.  We still have to pay for after school care, but in general our childcare costs have been trending down over the past couple of years.
+
+**Combined pre-tax income**: About $206k (\~5.1% increase).  About a month after my last post, my wife took a 10% pay *cut* because of COVID.  It wasn't a huge deal because of our large savings rate (also not like there was much to spend money on during early lockdown anyways). We still made some budget cuts, and then her pay was restored about 6 months later, and we got raises on top of that - all of which is to say, our cash flow has increased dramatically lately.
+
+**Assets:**
+
+Cash/emergency fund: \~$80k (81.8% increase).  Big increase in cash over the past year, for a few reasons.  We did a cash out refi about a year ago to do a bunch of home repairs (furnace repair, backup generator, replacement windows, new water heaters, removing dead trees).  Because lockdown reduced our spending, we were able to accomplish all that and still grow cash, which made us more comfortable considering there seemed to be an actual apocalypse going on.  The next home upgrade we want to do is a new roof+solar project within the next year, which will bring our cash back down to normal.
+
+Tax advantaged Retirement/HSA accounts: \~$721k (49% increase). So uh, that happened.  We're now maxing out both her 401k and my TSP, both Roth IRAs, and an HSA.  Nobody could have predicted that the pandemic stock market lows would have happened as early as they did, or that the stock recovery would have happened so fast.  I certainly didn't predict that - but I did continue to buy and hold index funds, as always, and was rewarded for it.
+
+529 accounts: \~$46k (27.8% increase). We live in Florida, which has one of the few pre-paid tuition plans that actually make a lot of sense.  So we've been moving over 529 money into the prepaid plans.  Once those are fully paid off in a couple years, we'll go back to putting money into the 529s again (to pay for housing expenses, or if they want to go private or out of state or grad school).  Our goal has long been to cover about \~75% of the total in state public college expenses, but now it looks like we might get closer to 100% just because of good fortune.
+
+Taxable investments: \~$20.5k (128% increase). This increased pretty dramatically because of efforts on two fronts.  First, since we've now maxed out tax shelters, I've set up a new payroll deduction to send money directly to the taxable brokerage, and will move most future raises towards that.  Second, since travel has been off the table for the past year, I've been running an Amex Gold + Platinum Schwab [churning](https://www.reddit.com/r/churning/) setup for most of our spending over the past year, which has made us several thousand dollars going straight to a taxable brokerage account.
+
+Vehicles: $31k KBB value of three cars (2% decrease). Same cars as last year, just depreciation. And not much of it this year, which weirds me out.  Maybe because they barely got any miles?  Maybe the used car market is being weird right now?  I dunno, I'm just reporting the numbers.
+
+Home: Using Federal Reserve MSA home index, our home value is now \~$603k (4.5% increase), using Zillow estimate is currently $691k (5.8% increase).  We use a range to estimate our home's value.  It's kinda crazy to look back and realize the home appreciation over time; we got \*very\* lucky with being able to buy our house in 2012.
+
+**Debts:**
+
+Mortgage: $359k at 2.875% for 30 years (32% increase). We refinanced our mortgage, and used it to pay off our home equity loan, car loan, and to start building up cash.  The interest rate is so low here that we don't see much point to even trying to pay it off early, and will be focused on building up assets instead.
+
+Home Equity Loan: $0 at 4.75% (100% decrease). Gone!
+
+Car Loan: $0 at 3.1% (100% decrease). Gone!
+
+**Net Worth Estimate:** $1.14M using MSA Home Index (\~34.8% increase), $1.23M using Zillow (\~33.4% increase). There it is.  We became millionaires right in the middle of the "worst year ever."  Without using crypto or Tesla or meme stonks.  Just boring old index funds,  mostly held in tax advantaged retirement accounts.
+
+**Current plans going forward:** We hit a lot of goals over the past year.  It feels like we're approaching the end of the "boring middle", and are now racing to quickly build up significant assets and achieve financial independence.  Our goal is to be able to FIRE if we want to by \~2030 with \~$100k income.
+A funny thing happened on Thursday, where there was supposed to be a T+21, and it didn't happen—shills were out in full force to convince everyone to sell. One particular shill decided to reach out to me over Chat, and wasn't very good at their job. I played along to extract the blueprint of how they work, and the arguments they use. The most surprising part was their tenacity. No matter how many ad hominins I threw at them, they seemed determined to want to "enlighten" me to sell. See the attached screen shots for the entertainment!
+
+**TL;DR**
+
+1. The shorts are getting desperate if they are hiring people with such low mental capabilities to try to convince diamond hands to sell. It's like they put an ad out for all Nigerian scammers, to dupe apes out of their shares (the time zone is about right)
+2. Shorts are immensely scared of apes not selling
+3. HODL
+
+Here are some of their tactics:
+
+* Begin with a "friendly" yet very awkward, non-native English intro to make you think that they are an ape
+* Try to tell you that all of the DD is wrong
+* Ignore basic mathematical and financial concepts and questions
+* Ask you for a screen shot when you sell, saying that it is for a "survey"
+* Want to help you and the world sell GME (who has time to do this, unless they are getting paid?)
+* Tell you that the end is near, you should sell now
+* Try to tell you that nothing else will make the stock go up at this point, because the squeeze already happened (yes, that's why GME spiked twice to $350 since then)
+* Downvote button. Much like the *Knights of New*, there seems to be a dark group that I will call the *Scoundrels of Slovenly*. These decrepit beings downvote new postings and comments by apes, so that they never make it to the top of the list. I have seen good comments get downvoted as I refreshed, as well as my *Possible DD* about the AMC and crypto correlation, when I first posted
+
+Here are some of their arguments:
+
+* T+21 has been proven false  
+Counterargument: Only once out of the last six months. Besides, who cares about dates?
+* GME is plummeting  
+Counterargument: Plummeted from $4 to $210?
+* GME has been plummeting since weeks ago  
+Counterargument: My cost basis is $17 (in since December 2020!)
+* I am going to sell, you should, too  
+Counterargument: Super laughable, not sure how to reply to this one
+* GME is on the way down  
+Counterargument: How come it can't seem to go below $200 and there are multiple technical indicators that show support (see: [https://www.reddit.com/r/Superstonk/comments/o7u6z4/technical\_analysis\_is\_bullish\_on\_gme\_chartswere/](https://www.reddit.com/r/Superstonk/comments/o7u6z4/technical_analysis_is_bullish_on_gme_chartswere/))
+* Don't be a bagholder on a company not close to $200 based on fundamentals  
+Counterargument: GME is worth more than $200/share based on all fundamentals
+* You are a cultist  
+Counterargument: I use technical analysis based on mathematical derivations. You use...?
+* Mother of All Plummets  
+Counterargument: This one was pretty creative, I'll give them that
+* The board make a killing with the stock selling  
+Counterargument: Board made nothing, otherwise, it would have to be reported in SEC filings. Company, however, just raised $2B of capital in a stock offering where 8.5M shares were sold, and with a reported 55.8M float, increased the float by 15%, the stock price still ended *up*! Extremely bullish
+* There is no next catalyst  
+Counterargument: T+21 wasn't even a thing a few weeks ago, yet we see massive price action. Also, long term holders don't need a catalyst, only losers are counting on a catalyst (looking at you, Dr. Sunshine <[https://www.reddit.com/r/Superstonk/comments/o78go0/t21\_spike\_didnt\_happen\_but\_we\_are\_still\_winning/h2zi9v8/](https://www.reddit.com/r/Superstonk/comments/o78go0/t21_spike_didnt_happen_but_we_are_still_winning/h2zi9v8/)\>
+* Board is slower than the SEC  
+Counterargument: How so?
+* Board will do nothing about the short squeeze  
+Counterargument: Not their job to save the shorts
+* You will pay a more tax if it climbs  
+Counterargument: This guy is a complete idiot. Of course I want to pay more tax, that means I made more money!
+* You never know when GME is going to plummet  
+Counterargument: Correct, I don't know what shorts are going to do with the price action, but you also don't know if you'll get hit by a car every day you get out of bed
+
+​
+
+In conclusion, I have learned to not promote specific dates, as Reddit is public. Shills can see everything that is put out here, and will devise strategies to demoralize us. However, it is still far better to share our information in public than to hide them, because when we democratize our ideas though peer review, we come up with the best of the best and grow our tribal knowledge.
+
+​
+
+https://preview.redd.it/wmzpw4jjew771.jpg?width=1242&format=pjpg&auto=webp&s=f7e0dcd7b9de1c4e7e37926decc9c014fc20efa5
+
+​
+
+https://preview.redd.it/qbdwinhlew771.jpg?width=1242&format=pjpg&auto=webp&s=9ff3083a8b513a75901529263a8dba4bda9b80a0
+
+​
+
+https://preview.redd.it/om0kesemew771.jpg?width=1242&format=pjpg&auto=webp&s=0407cae74927ee754689dca59e30f2d835250394
+
+​
+
+https://preview.redd.it/dadhhc5new771.jpg?width=1242&format=pjpg&auto=webp&s=a1c90b282ffa91cbab41ec8c368738eb728f9556
+
+​
+
+https://preview.redd.it/ifk4d2hnew771.jpg?width=1242&format=pjpg&auto=webp&s=690c3db8367634f5468debe439fc9094e8b2d58c
+
+​
+
+https://preview.redd.it/gm902utnew771.jpg?width=1242&format=pjpg&auto=webp&s=cbc4c0211c843af62145ea887219be6ebb60bb5f
+
+​
+Eloge just launched yesterday at 6PM UTC with under 200 holders and under $100K MC. The potential is huge!
+
+ELOGE is a coin for the people, by the people. Which means Eloge is 100% community driven!!!
+
+Marketing and exchange listings are being negotiated as we speak and will commence in the coming few days/weeks!!
+
+The goal for ELOGE is to revolutionise the DeFi space with advanced technology with use cases such as a crypto payment system, foundation and even a launchpad! 
+
+
+🔈 ELOGE Tokenomics:
+
+➡️ 30% Burned of Total Supply
+
+➡️ 4% Burned per Transaction 
+
+➡️ 3% Redistributed to Investors per Transaction 
+
+➡️ 1% Marketing & Charity per Transaction 
+
+
+🔈 General Info:
+
+🧾 ELOGE BSC Contract Address - 0x87e1193189c057c8507b80fae08a362d2123efe6
+
+🥞 Available on PanCakeSwap
+
+📣 Great Ownership  
+
+👨‍💻 Solid and Reliable Team with Experience 
+
+🔒 Liquidity Lock Completed with DXSale
+
+📊 Automatic LP
+
+📈 RFI Static Rewards
+
+📝 White Paper Released 
+
+♻️ New Website
+
+Telegram - https://t.me/elogecoin
+
+Website - https://www.elogecoin.com/
+It's a book that has been recommended to me to refute the economics we all learn. I'm wondering if there arguments you can guys can send me refuting this book because I don't want to waste my time if it's all lies but I haven't found anything.
+I don't mean this in a "women ruined wages" kind of way. I'm coming at it from a supply and demand angle. If you suddenly have more people trying to find jobs, this increases the supply of labor and pushes wages down. Along the same lines, when you now have two people in a household earning a wage, wouldn't that allow more households to afford housing, even despite earning a lower wage? Thus, you have lower wages but higher housing costs.
+In the past 6 months, we've had:
+
+* Record breaking inflation
+* Ukraine war
+* lots of talk of an impeding recession (and early signs of it)
+
+each of these events should've caused price of gold to go up. Yet the price hasn't changed compared to 6 months ago this time. At the very least, it should've kept up with inflation.
+
+What could the reason be?
+I'd like to hear opinions from economists on the assertion, currently top comment and heavily upvoted over in /r/Anthropology, that all economic development is a zero sum game, in that if it doesn't exploit other humans, it exploits flora or fauna:
+
+https://www.reddit.com/r/Anthropology/comments/ctrsl0/preindustrial_workers_had_a_shorter_workweek_than/exnkwpy
+We all know what happened to evergrande over the last few days - is anyone scared on the ripples to smallish cap stonks, especially the likes of LKE?
+
+This isn’t FUD before any of you start that, just curious for your thoughts!
+I'm in the u.s. but have been dipping into Australian stocks using foreign ordinaries on the u.s. side because there seems to be more value overseas.
+
+I've found a few posts on here about 5 months ago about points bet, but I need to bring up what is going on in the u.s. now. We've finally decided to stop protecting people from themselves and legalized gambling so states are slowly bringing gambling online.
+
+Each state is bringing it on according to their own rules and they are all different and chaotic (naturally). In the u.s. most states are allowing casino operators to operate a limited number of "skins". These are rights to operate an online sports book casino and poker room. Casinos own the skins and decide what software they will use on each of these skins. 
+
+In Michigan we decided to have a single skin for all these gaming types. That means that each casino can only have one sports book, casino and poker room. The fact that one of them chose points bet is actually pretty big.
+
+They also have market share in other states that have legalized gambling (5 others right now). They have positive net gaming revenue, which doesn't sound significant, but with heavy promotions going on right now things are pretty tight for the operators. For example there's a Canadian based online sports book here in the u.s. (score media) that delivered negative net gaming revenue for the year in similar markets as points bet and is still commanding a ~1.3b usd valuation (although they have some potential upside in Canadian single game sports betting being legalized).
+
+All that said: here's a few big points why the stock is going higher.
+
+Right now all these gaming stocks in the u.s. are blowing up as people finally start to realize that there's going to be huge opportunity here as all these states bring gaming online.
+
+Points bet owns their own code and has a unique feature which differentiates itself from other books. I think this has gotten the attention of casino operators and how some australian company no one here has heard of got a skin in the single skin Michigan market.
+
+They have a deal with nbc which will almost guarantee their adoption in other u.s. states as the network will promote their book to a national audience. 
+
+They will bring an online casino to Michigan later this year to compliment the sports book. It's already in new jersey and I imagine will come to other states soon.
+
+If this thing was trading in the u.s. market at a more significant clip than 10,000 shares a day I think the valuation would be much more significant. 
+
+Tldr: points bet has big potential in the u.s. market that is understated. 🚀🚀
+
+Edit words and: been to Melbourne and Sydney a couple times and lost money betting on the Sidney giants.  Can't remember if it was them or the team they were playing but one of them have the same fight song as notre dame in the u.s.
+When I joined this subreddit, JEPI was a hot topic. But, I hardly see anyone recommending it anymore. With about 1% ROI every month right now, what do you guys think, is JEPI still worth purchase or it would be "laggers" decision?
+Hi. The title says it all. No debt, no car or house payment, and very little retirement. I need to start saving and I need some recommendations. Here are the vitals:
+
+Income: $55k
+
+401k: $5000
+
+HSA: $2000
+
+Trad IRA: $8400
+
+Roth: $500
+
+Taxable: about $3200 combined
+
+I feel so late to the game at my age. My strategy is to max out the HSA and Roth every year. But after that...? My choices:
+
+1) fully max out my 401k ($19,500)
+2) put that money towards taxable account
+3) a combination of both
+
+Taxable account would prolly be dividend stocks. my issue with option 3 is that compound interest yields more when there’s more money stuffed into one account and less when money is divided. Any guidance is appreciated, thank you!
+
+Edit: I presently take advantage of my employer’s 5% match, plus a 2.5% lump sum 401k deposit at the end of the year.
+
+I also have an active side hustle as a photographer that allows me to save nearly (but not) all of my $55k day job salary.
+
+Edit edit: I also have no kids😏
+If everyone came together and started buying the dip we’d force these mfs to buy at a loss. Instead of everyone panic selling and doing what they want. If everyone in this sub put in a dollar that’s almost 3 million in volume alone
+I see a lot of you talking about how strict you are with prospect tenants and current tenants. I just wanted to make this post to show you that not everyone is garbage. 
+
+Up until last month I have always been a renter. First place I ever rented was in Cali while on active duty. My landlord had reservations about renting to a young 21 year old man. But I was never late with payments and when I moved out, she said I was the cleanest tenant she ever had and she was sad to lose me. I got glowing recommendations from her. My dog caused $100 in damage to the house. $100 in 2 years. I received my entire security deposit back
+
+I went through a very messy divorce and custody battle that left me financially ruined. I couldn’t qualify to rent apartments for a while. I finally landed a rental and then filed for bankruptcy. 2 custody battles and a divorce will do that to you. I missed zero payments. I was late one time do to an error with auto pay but the apartment staff was very kind about that and allowed me to pay rent late when I returned back to state. My bankruptcy was a chapter 13 so it’s not like my debt was gone. I was so broke I slept on an air mattress and used a uhaul moving blanket as my comforter. When I finally bought a mattress, it was repoed. That’s right, my mattress was repoed. I was sleeping (night shift worker) when they showed up and took my mattress. I ended up sleeping on the air mattress again, which at this point was duct taped because of holes. 
+
+Later moved into a townhouse and never missed a payment and was never late. Still paying my chapter 13 at that point
+
+Later moved into a awesome house in the woods. Never missed a payment. New GF left me right after signing another year lease. My expenses went up by $700 a month! Never missed a payment and was never late. Only damage caused to the house was a broken screen I damaged when trying to remove it in order to wash my windows. 
+
+I was always clean and took care of the property. Not everyone with bankruptcy is a terrible tenant. I mean I was so broke I couldn’t afford a new air mattress! But always paid my rent. I’m good at prioritizing. Some of you would’ve never given me a chance based on your strict prerequisites, yet I am a great renter. I’ve always received my security deposits back. 
+
+I honestly don’t know how I was able to rent these places given my god awful credit score and low paying jobs but somehow I managed. But I can honestly say that I would have no problem getting great recommendations for a new rental. I now make twice what I use to, which helps in getting a rental. I own my mattress now! But now I’m a homeowner so I don’t have to deal with the stresses of finding a landlord that will take a chance on me. And I get to avoid having the embarrassing conversations of my bankruptcy and divorce 
+
+My point is, not every bankrupt person is a terrible renter. Sometimes they’re just people down on their luck
+Hi. I'm in my early 20s and I wanted to know if it's a smart choice to buy a house that is roughly $300k-$400k, make a down payment and finance the house with a loan, and then rent out the bedrooms to tenants.
+
+This sounds so simple but is it actually as simple as it's written on paper?
+I am just a humble ape who was curious and bored of video games on Saturday and decided to take this call to action to do a lil’ DD and get some learning on, maybe even form a new wrinkle. Inspired from a discussion around Vlad from RH talking about the GameStop events of Jan 2021, where he blamed the clearing houses for turning off the buy button. Hopefully, this can get the ball rolling and the gears turning for some other wrinkly brained apes to go a little more in depth, hence the title "Just the tip".
+
+
+
+**What is APEX Clearing?**
+
+The company has fingers in many pies, providing digital “solutions” for other financial platforms and apps like ETrade, SoFi, Firstrade, Stash, Ally Financial, and at various times Robinhood. They are a digital custodian or securities correspondent-clearing broker-dealer or as Vlad stated in the video, a clearing house. What does the CEO say about Apex in an interview in March 2021:
+
+> Apex does all the "work behind the scenes" and the "things that others, frankly, won't,". 
+
+If you are a little smooth like myself, you maybe need to look up WTF a clearing house's function even is. I know I did, so here is what I surmised:
+
+**What is a Clearing House? (summarized from Wikipedia)**
+
+They facilitate clearance between two clearing firms to reduce the risk of a member firm failing to honor its trade settlement obligations. Their biggest function is to facilitate transactions among banks. By clearing a transaction that means they handle the post trading, pre-settlement credit exposures to ensure the trades or transactions are settled according to market rules, even if the buyer or seller should **become insolvent prior to settlement**. This last bit really caught my eye, and is obviously a key piece related to many other DDs in past around settlement dates.
+
+Now that we have a bit of knowledge around what a clearing house is supposed to do, we can look at Apex more and try to understand what their part in this fiasco was/is. 
+
+
+
+**How did Apex come to be?**
+
+Created in 2012 through an acquisition of a failing clearing house arm of Penson Financial clearing house arm by Peak6. They did this because they owned Options House and they cleared their security trading through Penson Financial. Apparently, Penson Financial didn’t know how to manage collateral and follow all the complicated regulations required to be successful in retail options trading and was turning off the options buy button for Options House in 2012, but allegedly there were also issues with liquidity and a lack of trades in the aftermath of the 2008 GFC. Peak6 then bought out Penson Financial and created Apex to bring the clearing house in house and provide a solution for Options House so they could do the thing in their name. Summarized from this [Forbes article](https://www.forbes.com/sites/jenniferwang/2021/10/25/this-little-known-woman-billionaire-apex-peak6-built-a-fortune-powering-fintech-firms-like-sofi-and-webull-robinhood/?sh=12bc8e1d7297).
+
+[Options House](https://www.marketswiki.com/wiki/OptionsHouse,_LLC) was acquired by ETrade in 2016. Who as we know, turned off the buy button in the 2021 Sneeze because, surprise, Apex was the clearing house for ETrade still.
+
+
+
+**What does it have to do with Gamestop?** (the tinfoil)
+
+If Robinhood, ETrade, and others turned off the buy buttons “because of the clearing houses”, then why did the clearing houses NEED the buy button turned off? 
+
+In all of this research I did this afternoon, I keep coming back to clearing, clearing houses, collateral management, and it all points to issues with counterparty risk, which means somebody knew somebody on one side of these transactions was gonna go down if they didn’t turn off the buy button (i.e. become insolvent prior to settlement). During the sneeze, Apex and some other clearing houses must have received information that somebody near and dear to them or even themselves was going to be fucked if they didn’t stop providing clearing house services for retail Gamestop buy transactions. This was probably because that somebody near and dear knew so many of the shares being traded at the time were just synthetic shares being gobbled up by retail and that by the time they settled those trades entirely, the house of cards was going to come tumbling down.
+
+
+
+**Tl;dr**:
+
+APEX Clearing is the clearing house that provided clearing services to most of the brokerages that turned off the buy button during the sneeze. They likely turned off the buy button to protect somebody who was worried about one side of the counterparties (buy or sell) in a GameStop going insolvent prior to the trade being settled, probably because the trades were completely synthetic at that point.
+In a recent interview Jack Dorsey said that despite the ambitions of Square and Twitter, his real passion is building on Bitcoin. I'm not saying people can't have multiple things going on in their lives, but certainly you can spread yourself too thin and lose focus.
+
+​
+
+The same thing with Elon Musk, he seems very occupied with being a social media star when he's running like a half dozen companies. If I were to quiz him on the financials of Neuralink, how much would he really know? How can you dedicate all the necessary time in your day for all of these projects?
+Hello, I’m a recent new grad (22F) starting my professional career in the healthcare field. I make a pretty decent income with no dependants, clean record and no health issues. 
+
+My financial advisor has been pushing me to purchase life insurance. Her quote is whole life $100,000 for 15 years at $94/month. What is the difference between term and whole life insurance?
+
+I am currently in the process of saving money and paying off my student loans. Can someone provide me with some insight on how this can benefit me and a breakdown of how it works? Wanting to gain perspective from others. Thank you
+I am 16 years old. I work at my dad’s shop for $10/hr and I usually work 25 hours a week. I also occasionally do photo shoots for $80/hr. Any suggestions of what I should do with my money?
+
+I am considering saving up to pay for my driver’s school ($500) and then saving up for a computer to edit photos and videos on ($700-800). But I’m not sure if I should buy anything after these big purchases. I currently have $630 with a $250 check comign in soon.
+What lifestyle changes have you made in the pursuit of FIRE? Which ones were the most effective at helping you reach your goals?
+
+​
+
+For our family, the best thing that we have done is take up biking everywhere. It is great in so many ways. Get exercise. Get fresh air and sun shine.  Save money on gas. Save on wear and tear on the car. No paid parking. Never stuck in traffic.
+The news this morning is full of inflation worries and a few people have said the issues in the energy sector are a canary for things to come.
+
+What's the "smart" thing to do to protect savings during this time?
+Welcome to the Daily General Discussion thread of /r/EthTrader.
+
+***
+
+Thread guidelines:
+
+-  Please refrain from discussing non-Ethereum related tokens here. You are welcome to discuss altcoins in the Daily Altcoin Discussion thread.
+-  All [sub rules](https://www.reddit.com/r/ethtrader/about/rules/) apply here so please be familiar with them.
+
+***
+
+ Resources and other information:
+
+* Find the latest Altcoin Discussion thread in [this search listing](https://www.reddit.com/r/ethtrader/search?q=author%3Aautomoderator+title%3Aaltcoin&include_over_18=on&sort=new&t=all).
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a reversal.   
+
+
+In the pic below, we can clearly see that on [AUDUSD ](https://www.tradingview.com/symbols/AUDUSD/)trend is massively down from arrow area and everyone is looking to sell this pair. 
+
+https://i.redd.it/utos1pbapz521.png
+
+And every time when this down trend pullbacks we get a better price to sell (as if we are getting a higher price to sell) but think for a minute, when everyone is looking to sell and waiting for a pullback to happen so they can join the massive downtrend who will be the buyer? And how long we can sell a currency? Obviously, it can't remain in one direction (sell in this case) forever.   
+
+
+Now in the next picture notice one thing when the price starts to fall down we see a LL and LH and we start selling this [AUDUSD ](https://www.tradingview.com/symbols/AUDUSD/)pair then another LL and LH and another sell then another LL and LH and another sell. Now we all now that we are making a LL and LH so when market is making LL and LH who will be interested in buying? NO ONE...   
+After first 4 big pushes down, notice one thing all trend pushes seem to be weaker than they were initially and pullbacks are coming in deep. When momentum starts to fade out that will be the first sign that market may REVERSE in near future. 
+
+https://i.redd.it/yhekq69fpz521.png
+
+A healthy trend always have momentum and health in it. If momentum starts to fade out and trend starts to loose its health what happens that those trend pushes starts to become smaller and weaker and pullback starts to come in deep. This is when [Macd](https://www.tradingview.com/ideas/macd/) comes in handy. In the next pic, you will see after being in a downtrend for so long when you get the first sign of trend is now loosing its power (momentum and health) how you can use [macd](https://www.tradingview.com/ideas/macd/) to confirm. 
+
+https://i.redd.it/b9af2lrkpz521.png
+
+This pic shows that when we were making LL and LH, on [Macd](https://www.tradingview.com/ideas/macd/) we were also getting the same thing, but at the very right bottom of the pic we can see that we had LL and LH but on [macd](https://www.tradingview.com/ideas/macd/) , story was totally different, we had HH and HL so this is the 2nd sign of possible trend reversal and this is time when [Macd](https://www.tradingview.com/ideas/macd/) comes in handy on finding the reversal with divergence.   
+
+
+So, in order to confirm we just have to go 1 time frame lower which is 4h in this case to see either we have a HH and HL on 1 smaller tf or not. 
+
+https://i.redd.it/3sk649ylpz521.png
+
+We can see in above pic after ranging for quite long on 4h we finally had a HH and HL and then the buyers started to kick in.   
+
+
+After divergence, buyers came in hot. 
+
+https://i.redd.it/oizd2u2qpz521.png
+You have no idea how happy I am seeing people starting to get it!!! Like I wanna scream I’m so happy ☺️
+
+
+I’ve had this hunch for a while but now after venturing into crypto itself, and learning about how it works and the inner struggles crypto has with, I feel my hunch has been confirmed. 
+
+
+Being a computer enthusiast, I got to studying crypto with more determination than my first go around with Bitcoin mining back in it’s dollar day. Rather than just start with “tokenomics” of etherium, I wanted to learn and possibly even venture in picking up programming and play around with blockchain tech. Then maybe learn the tokenomics after. This way I can by understanding the underlying I can be more profitable in the trading of coins. Because let’s be honest here…
+
+**We’re all just trying to survive.**
+
+ But I still, I wanted to learn more about the subject, and since GameStops is getting in the space, I wanted to see why and how will crypto work for them? At some point after feeling like I knew enough to say I have a grasp on the stuff, I got into podcasts. some point after listening to the Jon Stewart podcast, I figured I’d check out some crypto stuff and remembered someone saying something about Bankless the podcast in a comment here on this sub. 
+
+
+It introduced me to the fundamentals of GameStops crypto strategy. When I put it all together, I nearly shit myself. 
+
+(Full disclosure, but not shilling for Bankless. There are plenty of dev minded podcasts and resources to get info. I just love how well they curate their content and get the actual meat and potatoes of crypto into layman’s terms sometimes, and speak about all sectors In crypto. Oh boy up until that point I had no idea the etherium ecosystem is based on so many decentralized ever changing open source parts. It’s a fucking sight to see tbh..)
+
+**Crypto has always been fighting an uphill battle . from a tech, regulatory, financial AND public perception front since inception.. But since the creation of ETHERIUM with its EVM and realization of NFTS, it has been in a rapid transformation leading up to the merge.. Now that theres proven tech, It has slowly been slowly coming together like Voltron.**
+
+The only thing it needs a now is real life use cases to prove it’s worth and a way to onboard people into web3….
+
+**Enter GameStop.** 
+
+The FTX move was a power play, when you think about it. They can do the off ramp thing while providing an on ramp solution on top of Loopring. Meanwhile Loopring provides the custodial layer2/1 White-wallet solution and secures scaling. 😏Then add the special sauce of IMX providing the basically free minting of game assets and easy onboarding for hundreds of thousands of devs in the video game industry into web3. 
+
+And then it all flows right into the GameStop NFT marketplace. Where GameStop collects a very minor transaction fee but gives power ownership and profits to the players, owners, gamers, creators…
+
+
+This brings immense value. Bringing obvious profits. GameStop commands serious pull with the gaming industry, fuck what msm says. these OEMs know what GameStop brings to the table in physical retail for gaming and if they become a gateway in NFT gaming, with the most solid market place for it, they are going to go for it.. 
+
+At some point value can’t be suppressed. They eeked their way out of one finally but rightfully so, beat earnings. GMEs best quarter is always the last due to holiday season, And they always preform awesome during a console refresh…
+
+Well it might not be exactly a console refresh.. but how’s about consoles everyone had been struggling and dying to buy due to shortages and a whole new pc gaming arm to help you five in to that too? Or maybe some pop culture, idk, gamers like that stuff right??? 🤷‍♂️🙃. Good thing they recently got priority agreement in inventory of new gaming consoles from both Microsoft and Sony. What are they gonna say when they absolutely crush earnings and show quarter after that Fat Juicy profit?! 
+
+Pure speculation but:
+Oh no move on price? Stock buy back time. Oh snap surge on ANOTHER T60 whatever cycle. Time for another atm sale. Kinda hard to go under when your a profitable juggernaut in your sector with no debt and a shit load of money in the bank.. at one point or another they could even start paying nice fat dividends… imagine getting like 10 bucks a share every quarter lot something crazy like nfts 
+
+
+To the irony of all of this is that nfts provide true ownership. Tbh not just nfts but crypto itself, when properly implemented. Unlike our financial markets that is… 
+
+
+Where speculation comes back into play is if GameStop tokenized. That would destroy any and every hope that hedgfunds have at covering without liquidation… now remember that this is just speculation on this part…
+
+
+
+Fucking DRS guys. They truly didn’t see this coming and thank god they didn’t disclose any foward guidance. Can’t have sabotaging hedgies disrupting the development of new technologies. I mean imagine if they acquired client teams all then sabatoge them.. 
+
+
+DRS, we gonna fuck em up any day now…
+
+I’m tired of being poor and I’m sure a good chunk of you are too. 
+
+
+Ps: I put it as possible DD because of the info regarding GMEs blockchain stack. This is the strategy that will dominate this web3 game market before anyone can even get their foot in the door. But if that doesn’t qualify mods please change if appropriately. Ty
+
+Edit: I ment 10 not 100 but even the. That’s a high dividend return but remember speculation in that sooo… 🙃
+
+Edit2:and some words. Um. DRS please. Kay thanx.
+Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering
+
+https://www.bloomberg.com/news/articles/2018-01-11/dropbox-is-said-to-file-confidentially-for-initial-offering
+Most of the Fire and leanfire community are fully invested in index funds or a three fund portfolio. I imagine fatFIRE has some more investment diversity. Some of us have trust funds, some have large holdings in individual stocks we get through equity arrangement, some of us just have very high salaries that make fatFIRE possible.
+
+How many of you achieved fatFIRE through real estate? Anyone who would have never achieved it without real estate investing? At this level, we all have unique and interesting paths. No two people took the same road. I’d love to hear your stories.
+I’ve got about 10% of my portfolio in $O, $STAG, and $STOR…. I planned on holding these for 10+ years… now I’m wondering if there’s still upside left with them. Also looking for a couple more real estate companies. Any advice would be appreciated.
+God forbid you mention a single coin other than NANO or VET, then you get down voted to oblivion so that no one will see the post.
+
+​
+
+The tribalism is a big problem and will get us nowhere. I don't go around downvoting posts for mentioning coins that aren't in my portfolio... seems like I'm the last guy around that thinks that way.
+
+​
+
+EDIT:
+
+​
+
+Wow, I did not expect this simple post to resonate with so many people and cause this much discussion. This is a good thing, it shows many of us acknowledge this problem. I also was not trying to single out Vechain or Nano, or delegitimize those projects, they are just the first two offenders that came to mind. I know there are many more cryptocurrency communities that the same can be said for but I won't name names, because that isn't the point of this post.
+
+​
+
+Let's do something about this. Don't be that guy/girl, don't downvote a post simply because it references a coin that you don't own or a project that directly competes against one of your big holdings. I get it, the same amount of coins that you hold today are worth maybe 10% of the value that it was in early 2018. I also get that you probably consolidated most of your losses into a few projects, maybe even just one that you are the most confident can come back. Cool, good for you, I hope it works out. But don't censor posts simply because they go against an agenda of pumping your bags. It makes us all look bad and no one just coming into this space is going to want to stick around if this is what they are greeted with. Let's try and learn something new  instead of shouting as loud as we can about our coins and silencing those that disagree with us. This is an exciting time to be alive, we can't allow tunnel vision to get in the way of the big picture here. We are all still early, there is still so much to learn and so much to gain from being in this space right now.
+#MoonPump Token $PUMP
+
+
+Guys, a few days ago I found out about this project called MoonPump.
+
+
+A presale for it started on the 29th of May with a hardcap of 1000 BNB which was reached in 36 hours! That's crazy stuff!
+
+
+I personally missed the presale, but I am planning to buy on launch, which is tomorrow. There are a few reasons for which I'm bullish on this project that aims to be an actual altcoin that only takes advantage of the current memecoin trend.
+
+
+First off, the devs always delivered what they promised to deliver, such as a website, Certik audit, 10k telegram members before launch and there still is more to come!
+
+
+Yesterday, to prove that they're serious they've launched lots and lots of giveaways, I'm talking about Twitter, Reddit, 4chan all of those things, basically welcoming the huge influx of new members and they're going to do the same thing today most likely, to keep the community engaged.
+
+
+Also, not to forget, they're also making an IDO Platform called PumpLaunch where people have to do only one thing to receive an allocation. Just hold PUMP. That's it. You don't have to hold thousands of dollars of a token to even have a chance to receive an allocation. Just hold $PUMP and you will receive an allocation. It's as easy as that.
+
+
+So what are you waiting for? Did you miss the memecoins went 1000x? I personally suggest you join the telegram and stay tuned for when the contract releases!Don't worry about dumping. The team already thought of it, the people who bought in the presale will receive 50% of their tokens 24 hours after launch and the rest 10 days after launch, if they don't sell anything of their presale allocation, which is pretty cool in my opinion.
+
+
+Useful links:
+
+
+Certik Audit: https://www.certik.org/projects/moonpump
+
+
+17k Members Telegram: https://t.me/MoonPumpTKN
+
+
+Telegram Announcements: https://t.me/moonpumptoken
+
+
+Most Recent AMA With The Lead Developer Sean:
+https://soundcloud.com/user-272968677/ama
+
+
+Website: https://MoonPump.tech
+
+
+Twitter: https://Twitter.com/MoonPumpToken
+
+
+Discord - https://discord.gg/xGBJdGDdUk
+
+
+BitcoinTalk Article:
+ https://bitcointalk.org/index.php?topic=5339872.new#new
+
+
+Win 3BNB : https://moonpump.tech/giveaway/
+RC has a CIK, everything he files with SEC will be attached to this number. See for yourself:
+
+https://www.sec.gov/edgar/search/?r=el#/dateRange=custom&ciks=0001767470&entityName=Cohen%2520Ryan%2520(CIK%25200001767470)&startdt=2001-05-01&enddt=2021-08-04
+
+RC is 100% GME, just like my portfolio.
+
+Other post thinking it's him is going haywire. 
+
+CIK is what apes use to look up what Kenny G, J Yass, Stevie C and other shitheads are up to.
+
+
+EDIT: In all the craziness Charlie's new post got lost. Everyone look at it, it seems more important than what we're discussing here.
+
+https://www.reddit.com/r/Superstonk/comments/oynix7/aggregate_systematic_internaliser_data_is_out_for/
+
+Shoutout to u/Horror_Veterinar love your work
+Hello CPF,
+
+If you've been on this sub for a few years, you'll remember the hype around around Nemaska Lithium (NMX.to). There was a time where is was touted as the next big lithium provider, and it was pumped SO hard on this sub. 2017 was the supposed to be its year to shine. If you had looked into this company in 2017, you'd learn that it was a very average lithium producer, in a very crowded resource extraction market with lack luster numbers. However, this information fell on deaf ears for many in this sub and it was STILL touted as the next big thing. Some even going so far as to claim that tesla was going to collaborate with it in this future to provide its batteries.
+
+As of today, the company is down to 30 employees, and t's facing bankruptcy and creditors. From its peak stock price of 2.35, NMX is now trading at 17 cents.
+
+Beware of pump and dumpers on this sub. I strongly believe there were many on this sub 2 years ago, and they've all fallen silent, leaving many bag holders with this trash stock. That's my 2 cents.
+Good Morning!
+
+So first up I went ahead and mapped out XRT's settlement periods based on RegSHO inclusion date.
+
+[As you can see here XRT FTDs are due basically every day after the 7th of Jan](https://preview.redd.it/ukto0td76mg81.png?width=1714&format=png&auto=webp&s=725ad56a2b961ae8607d940c3475014257c0194b)
+
+The problem with this for us is that it prevents the pile-up of FTDs giving far more time and dilution of FTDs instead of having them due on the same day. Which I think explains our current situation. Where we see increased volume but no significant price movement. Remember for price improvement to be realized from FTDs the FTDs must be in greater quantity than the CNS system can net settle.
+
+[3M average volume has risen from 2.3m to almost 3m today](https://preview.redd.it/sm248clb7mg81.png?width=2458&format=png&auto=webp&s=7959a69d1f35882da51977f5523b048b22833325)
+
+**January 6th**
+
+Directly before the after hours run on January 6th 4.2m shares of negative delta appears to have been exercised. This could explain the after market price action we saw. As XRT was being added to the RegSHO threshold list the following morning it was likely desirable to keep GME FTDs from being force settled. If this is the case then the MM would be holding the bags for these FTDs. T+2+35 from the 6th is February 14th.
+
+https://preview.redd.it/6bgwofbs9mg81.png?width=562&format=png&auto=webp&s=ea75bf14aeb8f0678030c383f09801cf32fb483d
+
+https://preview.redd.it/k90h9ndt9mg81.png?width=426&format=png&auto=webp&s=78a5c86f10b040412cdd523dbcf1fee081ddeb25
+
+After January 6th Utilization on GME shortable shares skyrockets, as does GME borrow rate.
+
+[Hard to see due to the scaling so I drew a line from the 7th](https://preview.redd.it/83ku4zm6amg81.png?width=1595&format=png&auto=webp&s=d3f4ce06704982045c88868820be56f22cb10bee)
+
+**Gamma Girl Update** \- pending...
+
+**DIX pics**
+
+https://preview.redd.it/plg30v3iamg81.png?width=2510&format=png&auto=webp&s=7e9113cd0eb464c13154fa2e8014b6ec37e77326
+
+Today is the last significant day of ETF FTDs but without the pile-up from XRT FTDs I expect we will have slightly higher than average volume but minimal price improvement. These FTDs continue on but the numbers after today should be diminished as the Nov-Dec period no longer overlap. Dec FTDs remain higher than average through Feb 14th then also fall off. The next best window for price improvement is the OPEX period surrounding Feb 18th, with possible price action on the 14th depending on the settlement of those exercised puts.
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream & Clips**
+
+Historical Resistance/Support:
+
+46, 92, 98, 100, 104.50, 116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After-market
+
+Nice little run into close, GME mostly followed the market trend today, but with FTDs due greatly outperformed. I wanna imagine what this would have been like without XRT on the threshold list being settled out on different dates than the rest of the FTDs. Anyway a small victory into close today and with the delta hedging on the run we could see a little improvement tomorrow as well. Thank you guys for tuning in and have a good night. 
+
+\- Gherkinit 😉
+
+https://preview.redd.it/bmgjrn46cog81.png?width=698&format=png&auto=webp&s=bb8dbac883bf70c198c8929389521db729094f90
+
+Edit 3 1:43
+
+Big head and Shoulders looks like they may be done covering, still some time for us to find floor and bounce but trend is reversed for now.
+
+https://preview.redd.it/n7vdp6iwmng81.png?width=1558&format=png&auto=webp&s=73b46563c9f382b0beca9ff673862041aab9cc45
+
+Edit 2 11:44
+
+Crossing the put/call reversal right now at 111 this is where the ramp starts to get pretty spicy, next resistances are 115/120 to the upside
+
+https://preview.redd.it/evlimy4q1ng81.png?width=1573&format=png&auto=webp&s=0d7d74c16b325d647956520d3cb92fe115f0e089
+
+Edit 1 10:35
+
+Stable open with the usual morning price spike, IBKR borrow rate up to 2.8%, and massive ITM and OTM far-dated call volume coming in $4.2m notional so far.
+
+https://preview.redd.it/isb541p9pmg81.png?width=1586&format=png&auto=webp&s=c99f27bb036d9b195b8cc4f64cc28a22c8f29c83
+
+# Pre-Market Analysis
+
+Saw a little pre-market price improvement but have now fallen back down sitting slightly lower than close yesterday.
+
+Volume: 12.2k
+
+Max Pain: $105 (moving down)
+
+https://preview.redd.it/xtpvmf6qbmg81.png?width=2086&format=png&auto=webp&s=719a8111ab07d44ca9addbafc533dbb2345ac780
+
+[Thanks to brave-vacation6792's  gamma model](https://preview.redd.it/ojxtmbavbmg81.png?width=1459&format=png&auto=webp&s=1ffb71384a71df73611c2b8f26e6fc21ce081407)
+
+Shares to Borrow -
+
+IBKR - 250,000 @ 2.4%
+
+Fidelity - 151,126 @ 1.25%
+
+[GME pre-market 1m](https://preview.redd.it/v64mwbyfcmg81.png?width=1478&format=png&auto=webp&s=a158dd20e5a7e6081d4c9ad232f5d9581e9e17b0)
+
+TTM Squeeze
+
+https://preview.redd.it/ugps3a4qcmg81.png?width=2453&format=png&auto=webp&s=40daa3c2fc996fd41911135f1a0c2e801e571ad2
+
+CV\_VWAP
+
+https://preview.redd.it/f0uh77dvcmg81.png?width=2451&format=png&auto=webp&s=da22cac93e3ffa50ef495fd9d0571be39a6a8abd
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+I am a 29 year old dentist. I went through college and dental school on full and then partial scholarship so I paid a little less than $100k for my education. Between past work, a general practice residency and about a year of private practice, I have paid off my loans and saved up about $150k. I had initially saved in preparation to pay tuition for a residency in endodontics but I did not get in this year.
+
+I have found that I enjoy general dentistry. I'm good with patients and the procedures are easy and enjoyable. However, as an extreme introvert, I find serving patients to be mentally and emotionally draining to the point where I can do nothing else on the days I am working. I have also realized that I am content living frugally and value my time more than money. I am not sure if I want to double down on my investment in dentistry by taking another shot at endodontics residency or purchasing a practice at this time.
+
+I am thinking about cutting back to working a job with a 3 day or a relaxed 4 day workweek for a few years. This will give me more free time and longer weekends to pursue hobbies and hang out with my friends. I feel that I have sacrificed a lot of my youth to get to this point and I want to enjoy more of what remains of it. I am single and don't plan on having kids in the near future.
+
+Would it be prudent for me to cut back to the point where my job is more of a hobby or should I push to build more capital while I'm young, healthy, and have the capacity to earn and save?
+Hey All,
+
+I just ran across a post regarding “Payment for order flow” that made me wonder if all the newbies understand how to enter your orders.
+
+NEVER SUBMIT A MARKET PRICE ORDER. Especially in a volatile market.
+
+Alway use limit orders, Alway. It is better to not get the order than to get caught in and order up/down vacuum and wide bid/ask spread
+Thumb rules are amazing - they simplify complex issues and help us like a guiding light.  
+ "Trend is your friend," is one such rule.   
+So please share day trading thumb rules that help you in being consistently profitable.
+For me it was when I learned about bitcoin being a form of property.
+
+Edit: I should've said: "unconfiscatable property" since this word practically didn't exist until Bitcoin became a thing.
+So I knew about the 15 (or 30) free hours you get when your child hits 3-4.
+I knew about Junior ISAs, I knew about "HMRC child benefit" where you get £84.60 from the government as long as you don't earn crazy amounts. 
+And I'm not eligible for other stuff that you get on low income.
+
+BUT I had no idea that there is a government scheme where for every £8 you put into an account you get £2 on top for free, up to £2000 a year free (to pay towards childcare).
+Why is this stuff not advertised more to new parents? It really frustrates me. I'm an economics teacher so not exactly financially illiterate and I only found this out through a friend the other day when my child is already 2 years into nursery.
+
+After my rant, my question is - are there any other things I'm missing here (in terms of financial schemes etc, or just tips) for new born, toddler etc?
+
+Edit - this seems somewhat useful https://www.moneyhelper.org.uk/en/family-and-care/becoming-a-parent/use-our-baby-money-timeline
+I humbly bow before the expertise gathered in this sub - I'm constantly impressed by the wonderfully complex and interesting things people are doing and discussing.
+
+I am not a professional coder. I can't build ML algos and NNs and can't do high-level abstract math. I can hack together code and I do have a pretty good grasp on auction theory that I've used to trade a variety of instruments for some time now. I am a technologist by trade and I've been working on simple trading algos for the better part of the past year and decided to share the results of my latest project. On one hand, I hope to convince people with doubts about how hard or simple this can be that:
+
+1. Yes, you can find profitable opportunities without the need for great complexity --> my code is written in python, no storage backend is required (I process streaming API data live and make liberal use of dataframes) and it's relatively procedural; I even do some nice quality-of-life things like send messages to a private discord and send text messages to myself using Twilio so I don't have to camp-out in front of my code all day watching it run
+2. Those opportunities can come from the readily available universe of data you already have (I only use OHLCV datasets)
+3. That code can be run on commodity hardware (I have a surface pro that's 3 years old)
+
+But as one who is the very first to admit that I maybe have little "right" to be in this space, I also hope to hear from the veterans some critiques about any of the below. I'm sorry I don't have anything dazzling to show except some basic arithmetic and I hope that discussions about KPIs/metrics/meta-data people like me should pay attention to could certainly benefit many.
+
+\-----------------------------------------------------------------------------------------------------------------------------------
+
+So my algo watches for imbalances to develop in the auction and scores bullish and bearish aggression as they ebb and flow. My algo swing trades anticipated momentum plays as close as I can comfortably detect transition. I use 15m candles to prevent trading too much because I use TD's API and they already fairly warned me once about a prior bot that was doing something similar but to the tune of something like 1500 trades a day. I stop out trades aggressively if anything isn't going my way and my biggest losers are from overnight gapping activity and my bot doesn't trade AH/PM so I'm subjected to the limitation of RTH.
+
+My bot has been trading weekly hand-picked tickers live for the past few weeks and I've been pleased with the results. I decided that I should more formally backtest the bot if I intended to allocate more money to it. Like I said, I'm not a coder and never had any luck using existing backtesting framesworks  like zipline but it dawned on me one evening that I just needed to get all of my decision-making-datapoints into a single dataframe and run my trade logic against it. I took the top 10 tickers across a few different sector ETFs over the past 180 days (as of last night), allowed the bot to trade a max of $1000 per position and these are the results:
+
+​
+
+[quick pivot of results details and readily available metrics](https://preview.redd.it/z1d65t6zk8v61.png?width=1036&format=png&auto=webp&s=f4cc454f8730c07137d135b11e7a0d4e76c05b96)
+
+​
+
+[Roughly in-inline with what I've been observing live, this was a relief](https://preview.redd.it/n2rwuoe2nyu61.png?width=1269&format=png&auto=webp&s=02250fdd23cf5a38f3e31268b4aca506119ce2cc)
+
+​
+
+[Immediately noticed that my long entries were fairing better than my overall above](https://preview.redd.it/qwq4m4mdnyu61.png?width=1274&format=png&auto=webp&s=388ef89e1b1c435bccdd8141d3cfe0d91cd89662)
+
+​
+
+[Yep, shorts are killing me and my logic here presumably needs some work](https://preview.redd.it/tx9izr5jnyu61.png?width=1282&format=png&auto=webp&s=b6c239eec7b8862d1d3c71df0ab76805d03fff22)
+
+I decided to start looking at/for some of the "meta data" that has been often suggested and these were some of the first avenues I ventured down:
+
+​
+
+[Long positions look fine by sector](https://preview.redd.it/jogeokbtnyu61.png?width=1281&format=png&auto=webp&s=cc9f37146f40e03a111b660809993f6e7f93a766)
+
+​
+
+[Short positions losing across all sectors so this probably isn't the first place I'll be looking to optimize my short code](https://preview.redd.it/opxkwejynyu61.png?width=1279&format=png&auto=webp&s=1cc47db4544d72a0521365ccd67df13b4f66e75b)
+
+​
+
+[Not a whole lot to hang my hat on here either](https://preview.redd.it/g42q3u06oyu61.png?width=1282&format=png&auto=webp&s=8960f5f6201fa592d47ad144964c3a8ef6579c1b)
+
+​
+
+[Now this looks interesting....](https://preview.redd.it/474rab3foyu61.png?width=1270&format=png&auto=webp&s=207f2584f1bc699e2a60f7dbe8fe93c23ab3fc25)
+
+So there isn't much I can do about that long blue-line in the long-trades chart...those are positions that are closed-out within 24 hours and I view that as a "cost of doing business"....there's just no such thing as a risk-free trade however I will look into additional filters to better qualify entries. BUT...the long blue line in the shorts-only chart clearly shows that the short imbalances in this tested basket of high-institutionally-owned tickers don't last long and I should consider time-based exits in my code if I want to trade them - short trades were profitable if I didn't get greedy and over-extend my stay!
+
+​
+
+As a newbie, I found this write-up helpful in organizing some of my own thoughts. I've read almost every post in this sub about Sharpe vs Sortino vs \*whatever\* and am still looking for something akin to a matrix of such measures that helps sort out what to use and when. I also understand that many develop their own as part of their personal ecosystem of KPIs and maybe I just need to spend some time thinking more about my own. **But if you have ideas about how I, and others new to algo trading, can further pursue optimization without difficult math or hard-to-obtain-datasets, I would love to hear them!**
+
+Greatly appreciate this sub and appreciate you taking the time to read the ramblings of a lesser-algo-trader-slash-code-hacker :)
+
+​
+
+=======================================================================
+
+EDIT: a HUGE thanks to  [c5corvette](https://www.reddit.com/user/c5corvette/) and his intuition about the short results, i went back to question some starting assumptions and discovered that my logic for calculating profit for my shorts was a copy-and-paste from the longs-related code and therefore my results on the short-side are somewhat inverted. **Huge lesson here: when you decide to do something like roll your own backtester, scrutinize everything!** I'm now more pleased than ever with results as everything is now inline with expectations and the past few weeks of results. maybe one day i can even offer a subscription service for the alerts through discord but for now, i think i've got plenty to chew on with everyone's thoughtful comments. awesome community, thank you again
+I’m on mobile - made a throwaway account in case any family has Reddit as we want to keep this a secret for the time being. My mom will be receiving a lump sum in ~60 days, tax free. We’ve been lower class our entire lives, always needing government assistance. Just so you get the idea of how clueless I am lol. I’m the most responsible/educated out of her children (so she says) — so she wants me to help her manage things and ensure she doesn’t squander it. 
+
+A couple goals she’s thrown out: 
+- Pay off her car: 1-1.5k left
+- Work towards her lifelong dream of owning a food truck (many of her jobs have been in the food industry) 
+- invest in stocks (she feels this will help her obtain more money for the future) 
+
+Some info on her: 
+- Late 40s
+- Working minimum wage job (though she intends to look for something $15 & up now) 
+- Located by the Great Lakes/Midwest, USA
+- Low COL state/city 
+- No insurance of any kind
+- No savings
+- No bank account (cash app card only) 
+- Her credit is TERRIBLE!! She has numerous collections accounts and before now could not worry about them. 
+
+
+Do y’all have any advice for us? Do you think it’s smart to manage 10-15K on our own or should we enlist some help? 
+I have a bachelor’s, working on my graduate degree. But my degrees are in humanities, so I don’t want to mess up her only chance of being stable for once in her life. 
+ If you think this is better suited for another sub do let me know! Thanks in advance y’all!
+I’m in my mid twenties getting my life back on tack after a spat with drug addiction. My credit is in the gutter after years of negligence on paying my $500 max credit card. No other really credit history outside of that. Never took a loan out, no student debt. I cancelled the card a year ago but I had it since I was 18. No idea of my credit score but I’m assuming it’s no good. Any advice is really appreciated.
+What follows is by no means a serious study of anything, just thoughts.
+
+​
+
+First, some guesses. You are:
+
+* Male
+* From a developed country
+* With higher than average testosterone levels  (see 2008 study "[Endogenous Steroids and Financial Risk-Taking on a London Trading Floor](https://www.researchgate.net/publication/5438319_Endogenous_Steroids_and_Financial_Risk-Taking_on_a_London_Trading_Floor)")
+* With an IQ over 115 (this means [higher than 5/6th of people](https://www.iqcomparisonsite.com/iqtable.aspx), you clever bastard)
+* Gambler, risk taker, with an entrepreneurial mindset
+* High in psychological trait Openness from the [five-factor psychology model](https://en.wikipedia.org/wiki/Big_Five_personality_traits). In other words, you're more creative, curious, and adventurous than the average, and you enjoy new ideas a lot.
+* All the above make me think that maybe there's a fairly high tendency for... using drugs and developing addictions among ethtraders?
+*  If you're successful in your trading, you most likely aren't very susceptible to negative emotions (aka "low in neuroticism"). Oppositely, if you're unsuccessful as a trader you're probably easily stressed ("high in neuroticism"). 
+* If you're successful, you're probably conscientious, disciplined and organized. Oppositely, if you're unsuccessful as a trader you're messy and are not bothered with day to day lack of routine.
+
+​
+
+This leaves an open question:
+
+\- Being open to new ideas, entrepreneurial and in favor of decentralization are rather characteristics of left leaning people.
+
+\- Being conscientious, willing to make a lot of money and to built censorship resistant vessels are mostly characteristics of today's right leaning people
+
+I'm not willing to start political conversations, but I think this is an interesting point to think about as the profile seems contradictory.
+
+​
+
+Finally, here's a question to you:
+
+If you're a trader, out of the 9 points in the first list, how many do you check?
+
+​
+
+Cheers
+I want to share with you guys a very stupid mistake I made today and I wish none of this will happen to you all. I feel very frustrated with myself right now. I wanted to buy about $3k worth of shares on MBOT today. I started off my position with 100 shares @ 11.45 and I added 100 more. Then it hit me. I accidentally scaled in with 1000 shares the whole time . I had 22k on 1 fucking trade. Somehow my dumbass did the calculation wrong and added an extra zero. Within a few seconds I lost $600.. afterwards I started trading recklessly cause I was trying to get my money back..my emotion was all over the place. I ended my day with the biggest loss I ever had. -$2000. My 2nd biggest loss was only -$400 Compared to it. It sucks cause I was up $1200 from the previous week and I gave that all up. I’m taking this as a hard lesson. Now I have to clear my mind and mentally get myself back in the game. Tomorrow is a new day. Hopefully y’all can take something from this and good luck to you all this week.
+Amazon beat the earning but missed on revenue and stock fell 7% in after hours, will this affect over all market tomorrow?
+
+Being a Large company amazon weigh much higher in Indexes and most likely market will open negative tomorrow and big anticipated earnings are already out, and i think Nasdaq should fall at-least 2-3% tomorrow.
+It’s honestly starting to get really annoying. I almost only sell covered calls with a 90-95% chance to profit and so many have gone in the money I am genuinely feeling like theta gang is just a place for missed opportunity. I’ve definitely missed out on more potential gains selling covered calls and lost more closing PMCCs than I’ve ever made from premium by what is starting to become a staggering amount.
+**Big update from today is at to bottom. Little bit of sad news but we are going to push forward!**
+
+​
+
+​
+
+So here it is. I was assaulted among other things over the summer by my employer. After I escaped and made it to the town police station they brought me to the hospital for a rape kit. The hospital for the past 6 months has been really easy to work with. I submitted all my bills and paperwork to the Victims Services woman and that gets sent to the state along with my police report that they also have. But I got a Credit Karma notification this morning that a $4,500 bill was sent to collections.  Im not sure what to do. I called the collection company this morning and left a message and am about to call the hospital services woman now. But is there anything else I can do for this? The case is still pending with the DA office but with how hard the officers on my case worked and all the evidence we have im still very optimistic that it will go through and be the 2% that make it to pressing charges.
+
+​
+
+Is there anything else I should be doing? The hospital never called to tell me I needed to pay only that the State would take care of it and I never received any payment letters beyond the first one that I sent in to the Victims Services office. The collections agency also has never called me.
+
+​
+
+Update: I have spoken with the collection agency. They have an old address from 3 years ago listed, which is different from anything the hospital, my ID, or the police would have had.
+
+The woman I spoke to was really curt and gave me the number to a Victims serves line where I left a message because no one picked up.
+
+I have asked that proof of debt be sent to me as well.
+
+​
+
+Update#2
+
+I called again and spoke with a woman who was horrible. She wouldn't identify herself and was just all kinds of mean. When she did eventually give me her name she was quick to end the call.
+
+After calling back and asking for a supervisor and laying out a general picture of what had happened to me, he was a lot more keen on working with me.
+
+I am having the police and my Hospital Victims Advocate send over all my information the police are sending over only the necessary parts of my case so it can be precessed through their insurance department.
+
+The man I spoke with said that I should follow up with him in a week and it hopefully will be taken care of by then.
+
+​
+
+This whole precess is so emotionally hurtful. I know its just paperwork, but Re-hashing all this with these mean strangers and knowing they're going to have pictures of my injuries and body is horrible. I have dealt with debt collectors before and it has never been so hostile. Paired with the issues that this is hurting my credit score as well as worrying about any of my information becoming publicly accessible with my attacker still being free is terrifying.
+
+​
+
+Update #3 because you all are really helping me with these ideas and ways to make myself and this problem known. I found out that the hospital never submitted my application into the Crime Victims Services. And they are sending me another one of those. I have also called the police department that was helping me with this to send out a report to both the hospital as well as a more conservatively information report to the collection agency.  I have also updated my civil lawyer for what is going on, although technically because we don't have a civil case open yet he isn't my lawyer?
+
+​
+
+Update#4 So I am exhausted. Im speaking with my civil Att tomorrow. The debt collection agency says they are sending proof to my CO address. I will be in VA this week so if I need to go to NC in person I guess I could make that work maybe? The hospital is small, they have no official patient advocate it is just the victims advocate who is the one who didn't file the paperwork to CVS so no one to turn to really for that avenue that I am currently seeing. Im not sure what to ask my lawyer at this point other than to send a firm angry letter to the hospital admin person. I will be disputing with Transunion in the morning.
+
+​
+
+​
+
+​
+
+Big Update here
+
+Hey everyone, I want to start by expressing my gratitude towards all the amazing ideas and resources that so many of you posted and PM'd me about.
+
+​
+
+But onto the new news!
+
+I have gotten a call back from the Collection Agencies Patient Advocacy Department, the collection agency is not the bad guy here like I was quick to lash out at yesterday. They just want to get paid and I get that. The advocate I spoke to was pretty helpful, she listened to my situation and asked for my Police report. So ideally that will solve this issue. She also sent my bill back to the hospital and marked it as not active collections so I won't receive any harassing phone calls. And also let me know she would keep an eye on it to make sure that she could keep hitting my account back to the hospital billing department if necessary.
+
+​
+
+I have contacted the three credit branches, they were all really easy to file disputes with for the account. And sending over supporting documents was also really easy.
+
+​
+
+I don't want to sue the hospital, but dealing with everything that goes into building a new life from scratch, and dealing with the PTSD, depression, and anxiety that has come from this life event is really hard and having a Patient Advocate not file such important documents is really hurtful. So I can only hope that people will work together to fix this issue.
+
+​
+
+I also called the NC Attorney Generals office to talk with them about the issue. After talking with 4 different departments there isn't much they offered to do other than send me an application to submit myself for the Crime Victims Program. So as of now the hospital will face 0 consequences for handling my billing issues so poorly.
+
+​
+
+The department of Sexual assault services was able to verify the hospital did not submit the bills for my rape kit to the primary state payment office for rape cases or the secondary crime victims department. So no steps were made to have my rape kit handled by state offices like they should have.
+
+​
+
+I called the NC Medical Board but they couldn't do anything and suggested I call the Department of Health and Human Services. I left a message with someone who might help me there, so hopefully she will call me back tomorrow and we can do something.
+
+​
+
+Also spoke with my civil lawyer and wow what a guy! He told me to send him all that I had from today and yesterday as well as any communications from the hospital for the beginning and that he will call me when it is handled and done. It is so nice to know I have such a bull dog on my side who won't let these people push me around. :) He is also going to see what the hold up on my case is with the DA office and see if that can get moving because we have so much evidence and the police did a really good job in their investigation. 
+News on DOC.V from this morning:
+
+[https://ca.finance.yahoo.com/news/mental-health-commission-canada-imd-150000551.html](https://ca.finance.yahoo.com/news/mental-health-commission-canada-imd-150000551.html)
+
+[https://ca.finance.yahoo.com/news/mental-health-commission-canada-cloudmd-150000071.html](https://ca.finance.yahoo.com/news/mental-health-commission-canada-cloudmd-150000071.html)
+
+In my opinion, telemed is here to stay regardless of COVID.
+
+Glad to see the government recognizing that most people seek help online anyway, so might as well introduce a credible channel for them to use. 
+
+DOC.V makes up for 5% of my portfolio, and I plan on holding it for the next few years.
+
+I am interested in what you guys think about the future of telemed and DOC.V.
+Hey y'all I wanted to share with you my story, reluctantly but hopefully it give at least one person some hope. 
+
+(Long post)
+
+I was born in 1993 in Kingston, Jamaica. In a place called Seaview Gardens. (Google it, it's not the beach paradise you see on tv) it's a community next to the country's biggest landfill. 
+
+After I graduated high school most of my family left for the states and I was left with my grandmother who couldn't keep up, so I was in the streets. 
+
+When I was 19 (2012) I had my first child. My dad moved to the US in a poor neighborhood in Brooklyn (East New York) and brought me with him. I took the first job that was offered to me all the way in Connecticut ( $7/hr- dishwasher - ~11k/yr) they provided a wooden cottage for me and some other guys to live in. 
+
+Little did I know but that job was seasonal. After many job listing scams (especially security guard listings) I finally got a second job 1 year later at the airport (baggage handler 7.50/hr ~12k/yr) 
+
+My checks were about $200/weekly, if you know about New York City you know you have to ride the subway to go places and it's not cheap.
+
+*Life changing events *
+
+My dad left my stepmom who I was living with in Brooklyn and she gave me an ultimatum. "Since your dad doesn't live here anymore, you either have to pay bills or find your own place." - which was fair. So I told her I'd pay the electric which was about $200/ monthly in the summer months. I eventually was falling behind and the electricity was disconnected a few times before she had enough and told me I had to leave. 
+
+I was homeless December 2014 after Christmas. I slept at the airport for a few nights before a co-worker offered me a place to stay.  Although it was in neighboring state NJ it was a blessing. 
+
+I cried every night and vowed to turn my life around. So I went to get my GED (2016) - I aced it. 
+Applied for community college(2017), graduated Magma cum Laude(2020),
+Applied for undergraduate program (local)(2021-current) 
+
+...but the most important thing I did was I found myself a spouse(2016). We live below our means and we save every penny we can. Our wedding cost us about $500 in rings and paperwork. 
+
+*Success story?...*
+
+In 2019 I grossed ~23k, this year I will be grossing 49k and my wife ~50k. We have 12k in savings/iras plus money in the bank.
+
+If we stay steady our kids will never have to live the lives we did and have the benefit of having parents who know what it is to have been poor. If it's God's will. Thanks for reading all the best to you ❤️
+I love how engaged we are as a community and how active we are in spreading information. That sort of stops for me when we continue to post en masse every negative article that surrounds GME. I don't really understand the point? I would understand posting these articles here if you'd like clarification about their content but that doesn't seem to be why most are pushed here.
+
+There are much better ways to farm fake internet points other than giving the MSM free advertisements on our sub. It feels super unnecessary and it doesn't add any value to promote slanderous content on the sub. Please stop.
+
+Love you all, buy & hodl.
+Good Morning Everyone!
+
+Still no news from the FEDs closed door meeting yesterday, it's possible they will wait till Wednesday when the January FOMC minutes are released before making any other statements, even though their website clearly states that information would be released after the meeting had concluded.
+
+The news coming out of the potential Ukraine conflict is still all over the place and the market is having a hard time pricing in expectations. So volatility remains high as the S&P tries to claw back some of the ground it lost since last week.
+
+GME has it's usual FTDs today from ETF creation and XRTs thresholding. There should also be some gamma exposure due from last Friday's options being exercised so we may have a little more buy pressure than we did yesterday.
+
+Feb 18th OPEX is this Friday and if they are going to start hedging GEX from that early we may start to see a slow climb over the next few trading days similar to the period before November 19th.
+
+[If we continue up today off this pre-market bounce we could see a test as high as 137.85 but we have confirmed resistance in the 126.78 range. ](https://preview.redd.it/26y74tqw40i81.png?width=1564&format=png&auto=webp&s=d3f1410c515fd8470a8dbbab3d4dc7c9884cdd09)
+
+[Our positive ADX trend is picking up a little momentum and strength to the upside, as well. ](https://preview.redd.it/tqhrmise50i81.png?width=1578&format=png&auto=webp&s=41962688eda8d42836ee47ead3c35c879ed1819d)
+
+**Gamma Girl...**
+
+Will update if there are any changes today
+
+**DIX Pics**
+
+https://preview.redd.it/0ji9g9mt50i81.png?width=2492&format=png&auto=webp&s=4fdd70b280e5b7cabfeee1ebc26f9902e1a7b67d
+
+[IV flat](https://preview.redd.it/ma6f8eiy50i81.png?width=2466&format=png&auto=webp&s=0b70aa1eb532ec34d86101b55920174884e749e5)
+
+https://preview.redd.it/bjri2ke160i81.png?width=2476&format=png&auto=webp&s=9ef776b9492f60f9335740734e17275d59c4528a
+
+There are still some big options moves coming in as contract buying on GameStop remains bullish.
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream & Clips**
+
+Historical Resistance/Support:
+
+46, 92, 98, 100, 104.50, 116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After Market
+
+Nice close today right above that wall of call interest at 125, should mean some decent hedging going into next week. Puts being used for price stabilization have all but dried up. Tomorrow will be tricky we have some nice hedging from today, the usual FTDs, and continuing interest in call options driving us up. However FOMC minutes and SLD beginning could have some negative effects on broader market trends. Hopefully we can resist any potential downside and carry this price improvement above max pain into close Friday.  Thank you all and see you tomorrow. 
+
+\- Gherkinit
+
+https://preview.redd.it/qt5owthaa2i81.png?width=704&format=png&auto=webp&s=a407ccf8d43bf5c6c30733bc3aa0d5d3c0b8b488
+
+Edit 3 2:31
+
+Looking good for a move into power hour as long as the market can hold. We have some decent OI at 125 and could see a test of that 126 resistance.
+
+https://preview.redd.it/ik8f4ttvt1i81.png?width=1578&format=png&auto=webp&s=b50b433be05e9599a17540c2b371bd5f8560745d
+
+Edit 2 12:45
+
+Continuing to slightly outperform the overall market but still tracking. Smaller dips and large increases. If we sustain this 5% gain into close we could see some nice hedging into tomorrow when SLD begins.
+
+https://preview.redd.it/m4cqlpmya1i81.png?width=1569&format=png&auto=webp&s=1d2fbdbd2d9188d1487fb824d204ce204b231d5e
+
+Edit 1 10:50
+
+Mostly just tracking with the overall market today, some easing of tensions in Ukraine have shown some price improvement but the market is still hesitant of the FEDs plans.
+
+https://preview.redd.it/kgbs6l6dq0i81.png?width=1570&format=png&auto=webp&s=5ce4564d473d6b880bb3c189200f50393705c968
+
+# Pre-market Analysis
+
+GME climbing back with the overall market, it still hasn't made up all the losses since yesterday morning but it's on track to do so. If our volume remains low today we will continue to be at the whim of the overall market and with so much news being anticipated we can expect the market to react quickly to new information throughout the day.
+
+Volume: 17.63k
+
+Max Pain: 121
+
+Shares to Borrow:
+
+IBKR - 200,000 @ 2.0%
+
+Fidelity - 134,647 @ 1.5% (about 73k borrowed today)
+
+​
+
+[GME pre-market 1m](https://preview.redd.it/tq7ee9tn70i81.png?width=1563&format=png&auto=webp&s=7711f52933d4b09901a24a64be9309dbfb480f17)
+
+TTM Squeeze
+
+[We are getting a lot of false signals here because of the ranges we are trading in but I would say that the previous 4 days of price action indicate fire signals due to the amount of consolidation even though it is in a broad range. ](https://preview.redd.it/mipzf7yi80i81.png?width=2446&format=png&auto=webp&s=5b11d27165a6f3cd9ac216373f28872df4c7a497)
+
+CV\_VWAP
+
+[Arbitrage is fairly stable](https://preview.redd.it/gz52doqm80i81.png?width=2451&format=png&auto=webp&s=f9dee0e8e751cbcf52f30bb4109b237b7584c5a9)
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+I came to Germany in 2019 from a developing country and started investing everything in the VWCE through Degiro. Apart from some necessary cash holdings to cover 3 months' expenses and my return ticket, this is the only fund I have in my portfolio here. Now that it is getting big, it is making me uncomfortable. I still believe in free market capitalism and that a diversified, global equity fund is the best bet we can have to gain from it over long time frames.
+
+But do you think keeping everything in only one fund is risky? What is your opinion on investing in iShares MSCI ACWI or  Lyxor MSCI ACWI to diversify away from VWCE? Lyxor fund has the added advantage that it is domiciled in Luxembourg, different from Ireland where VWCE is domiciled.
+
+Let me know your opinions.
+Not sure what the problem is just yet.
+Edit: mate told me the internal VPN is down too, so I assume the branches and ATM can not connect either.
+
+Edit: Westpac and ANZ is back up.
+After months of FUD and even that one guy who sold all his holding because he thought he was going to jail, India is finally taking a stance of not banning cryptocurrencies and will instead regulate it!
+
+
+Nischall Shetty, Co-founder of WazirX, tweeted today about the details of how India is going to proceed with regulating cryptocurrencies. They will be forming a separate committee to discus this and will include major crypto leaders in regulation process.
+
+
+Here are the key points for anyone interested:
+
+
+1. Crypto classified as “Digital Assets” 
+
+
+2. Committee core is to “Regulate” Crypto 
+
+
+3. Government understands crypto is cutting edge, 2019 Bill outdated 
+
+
+4. Government wants to engage with industry 
+
+
+5. FinMin monitoring Crypto volumes in country 
+
+
+6. FinMin engaging with stakeholders to understand all supervisory risks
+
+
+ 7. Fresh panel to be formed 
+
+
+8. RBIs CBDC initiative to get a boost as well 
+
+
+9. Mr. Anurag Thakur might be part of the committee!
+Hi all, new account as I don't want to give too many details,  apologies if that's a little cryptic.
+
+ Anyway,  the question... 
+ My daughter has taken the dramatic step of dropping from university to accept a 'dream' job she has been offered,  as a trainee for a company that will show her the ropes as a "influencer-marketeer",  working from home. 
+  Yes,  I know,  I was duly sceptical, I looked into the company looking for the inevitable scams etc, but at the moment it looks legit. (For now...!)
+
+  Her contract states she will be a contractor,  will be paid in dollars, monthly.  My question, as a classic company-man for my entire career,  is how does she organise  paying tax.... is it just a self-assessment at the end of the year?  Does that cover national insurance too?  I've suggested she put aside a third of her monthly pay for this purpose, is that enough?
+I'm reading complicated things about IR35, setting up a Ltd company etc, does she need to worry about any of these.   She's only going to be getting $2000 per month,  so absolute minimum for now.
+Obviously I've suggested that she should ask her boss for advice regarding this,  to see how it all works,  but as always (with headstrong daughters) she is doing it her way at first.  
+
+As I'm typing this,  I'm truly hoping that it's a genuine role that will give her some opportunities to delve into a world (I.e. social media) that I know very little about.   If i can't help her with her new job (other than the helpful book on digital marketing that Santa brought her) maybe I can help her manage her finances,  with your support. 
+
+Thanks for any help,  gratefully received!
+Everyone says the same thing - "Do your own research". I just wanna know what all research I should be doing while looking at a small mc coin. What all should I be looking at and how should I be looking at them?
+LTC is the only "blue chip" coin that didn't get a huge bump in the last 24 hours. It's always been one of my favorite coins so I invested quite a bit of my ETH in it. Smart move? Do you think LTC will get its moment soon?
+Hi !
+
+Although I always had the goal to be financially independent, I’ve only started a couple weeks ago to avidly read everything I could related to financial best practices.
+
+Looking back, I made many mistakes (mutual funds, not maximized my RRSP & TFSA even though I could), but I’m feeling confident to reach my goals before my 50s.
+
+​
+
+**Actual situation :**
+
+* Early-mid 30s, living married in Montréal with a child on the way
+* 110k household income 
+* Good insurances
+* 43k in RRSP with WealthSimple Invest 
+   * 28k available
+   * Investing 18% yearly
+* 35k in LIRA with WealthSimple Invest 
+* 2k in TFSA with Questrade 
+   * 64k available
+* 70k in WealthSimple HISA @ 0.75%
+* 50K HELOC never used 
+* 2 condos in Montréal with \~40% of the mortgages already paid off 
+   * We live in the first one and I used to aggressively pay the mortgage 
+   * We’re breaking even financially on the second one by renting it
+
+​
+
+**Chronological objectives :**
+
+* Migrate everything from WealthSimple Invest to Questrade to recoup the 0.4% fees of WS black
+* Max out my RRSP & TFSA
+* Buy a house in the next 24 months and rent our 2 condos
+* Invest 2k5$ in RESP every year to get the 500$ from the government for a total of 36k$+ for the 7k2$ from the government
+* Do a Smith manoeuvre on my mortgages 
+* Max out my wife’s RRSP & TFSA
+* Be financially independent asap
+
+​
+
+**Portfolio - 100% (0.1754 MER)**
+
+* XUU - 40 (0.15)
+* VCN - 20 (0.06)
+* VIU - 20 (0.22)
+* TEC - 7 (0.35)
+* ARKK - 7 (0.75)
+* VEE - 6 (0.24)
+
+​
+
+Instead of TEC & ARKK, or in addition without going over 20%, I would buy those single stocks : MSFT, AMZN, AAPL, GOOG, GOOGL, HUBS, AMD, NVDA, DBX, TEAM, ADBE, NFLX, SQ, FB, COST, V, MA
+
+​
+
+My thinking behind this portfolio :
+
+* I’m ok to be 100% stocks and no bonds as I’m in it for 20+ years 
+* I try to follow XEQT/VEQT/CCP/CPM diversification ratio (US = 2\*CAD = 2\*Global without US = 4\*Emerging)
+* I’m ok to have a Canadian bias (20% instead 6%), but not as high as 30%
+* I keep 14% to « play » with TEC, ARKK & single stocks
+* I only buy stock with (In my opinion) strong competitive differentiation that I can witness on a daily basis 
+* I’m ok to have FAANG redundant overlap & bias with TEC, ARKK & XUU as believe those companies to be sustainable over the long term, and even more powerful after the Covid
+
+​
+
+**Questions :**
+
+* What do you think of the plan ?
+   * What am I doing wrong ?
+   * I am forgetting something ?
+   * How can I improve it ?
+* What do you think of the portfolio ?
+   * Should my portfolio be different for my TFSA, RRSP, RESP & unregistered to be optimized ?
+* Should I use my HELOC before being able to do a Smith manoeuvre on an unregistered account when my RRSP & TFSA will be maxed out ?
+* Should I do something better with my 70k in the 0.75% HISA, knowing I might use it in 2 years for the downpayment of the house ?
+* Could WealthSimple Trade be better than Questrade for me ?
+   * I’m playing with Passiv + Questrade since a week and feel that it’ll be easier to execute my plan with it, rather than the mobile app of WST
+   * The only advantage to WST would be the free buy of stocks but the 1.5% currency exchange fee for USD seems high
+
+​
+
+Thank you very much for your help !
+
+​
+
+P.S : I posted here and on /PersonalFinanceCanada for advises on both financial life plan & portfolio. Tell me if it's not a good idea since I very rarely post on reddit
+ 
+
+Please poke hole in this plan, let me know if I am making a mistake.
+
+\-   Currently owe about 110k on a 10 year mortgage with 7k outstanding on a   HELOC I used for a new fence and upgraded landscaping. Home is worth   350kish. Current payment is 1450 and I am paying 200 a month on the   HELCO.
+
+\- Will cash out refinance 150k from this property into a 30 year at 2.75. (primary residence). Payment will be 1375ish.
+
+\-   Use 105K of that as a down payment on a new construction build that   will be right at a year from now to close so I should be ok on the cash   out refi being into a primary.  528K total purchase cost. $2200 a month   estimated payment at 2.75% to 2.8%. ( I have to put 14k down initially   but will not close till its finished. Keep the remainder of the money  as  emergency fund for both properties.)
+
+\-   My old property can be rented out for 1715 to 1750 a month. ( I have   already spoken with a property manager that I know who estimated this   for me based on my house and location)
+
+I   make right at 100k a year before bonus and this will be my first foray   into owning a rental property. I have no other debt besides a 200 a   month student loan payment and an 800+ credit score. Is this a good   idea? I look at it as a way to put my equity to work and get into a   nicer home in a better location in my town while having a cash flowing   rental and a adequate emergency fund.
+I have 26k in student loans at monthly payment of $332 that’s deferred for now.  I would also like to buy a mobile home 3bed 2 bath for 20k and cost like 3k to move it to property I own.  I won’t have enough for septic system etc just yet but it would be a start to goal of renting it.  Should I buy the mobile home and start the process or should i payoff loan.  I currently have one rental already.
+I found a package deal for 2 one bedroom units for close to the top end of my budget.
+
+The sale is contingent upon buying both AND the renters cannot be disturbed, and the realtor believes it would come with a stipulation to let them stay. They pay 1/3 of what a comparable rent would be.
+
+This deal only works if the rent is comparable to similar units in this area, otherwise I'm in the hole a few hundred a month - still not bad, but not ideal. 
+
+Has anyone seen this type of thing?
+
+EDIT: Properties are at a fraction of market prices BUT tenants are allowed to stay "as long as they want" per the listing agent.
+I am looking to buy at least 10 properties in the $50k range. Unfortunately many banks do not finance these, and with those that do I would run into a limited number of mortgages. Also, closing costs for each property may be prohibitively expensive.
+
+​
+
+I have heard of commercial loans, but the info is incredibly limited, and from what I have heard the rates are can be very high.
+
+​
+
+I'm looking for the solution that will yield the highest monthly cashflow at the end of the day. What is the best way to do this?
+So I have 25k in student loans. I'm 24 and sick of carrying it and finally making enough to really start paying it off. I just moved to a big city, have an emergency fund, no girlfriend or friend group to spend money on. Plus covid makes living boring anyways. Also sold my car to move and will wait till after I have repaid my debt to buy another one. 
+
+What if for the next 2.5 years I put in $800/month(current savings). Has anyone done something similar? What are your experiences and what issues can you forsee?
+I’ve been wondering how ETFs (and I guess stocks in general) work for long time investing. 
+
+Say I invest in VTI today which is around $200. How is it that in 30 years I will make a lot of money off that investment, assuming I continue to regularly invest in VTI? Is the forecast that it will continue to climb to $300, $400 and up?
+
+I understand the general idea that over the long term it always increases, but if it’s starting at $200 and always increasing, wouldn’t it eventually be insanely priced for newcomers?
+Let's say an investor has 10 MM in a dividend ETF such as SCHD.  SCHD's dividend yield is 3%, so the investor in question would be getting 75,000 in his quarterly dividend payout; however, as the 75,000 is paid out, the investor's portfolio value would drop to 9,925,000 correct?  If this is the case, then a dividend payout isn't free money, but just a forced sell off on behalf of the investor?  If this is correct, what is the point of dividends and why do some investors seek dividends?  If I am incorrect or if my assessment is incomplete, please tell me how I am wrong.
+Just been getting into investing this year and been building an ETF portfolio. Now I'm wondering how many ETFs you guys think is too many? There's so much out there that interests me. All the megatrends and more specific ETFs. I now have 8 different (32k spread out among them) but still eyeing a couple more. Still have around 20k cash at the moment waiting to find a home.
+Hey all currently invested in VTI, VXUS, and BND. I want to add ARKK because it has the companies I buy and use from everyday.
+
+Would this be a bad idea due to its volatility? 
+
+Thanks!
+25yo, 10k initial and 2k monthly deposit.
+
+IWF - 34%  
+XLY -33%  
+SCHG - 33%  
+
+
+I'm interested in investing long term in a diversified portfolio with moderately high risk. 
+
+​
+
+Thanks in advance for the feedback!
+Hello,
+
+As a fairly new "investor" in my mid 20s, I'm looking for opinions/advices about starting off in this field.
+
+Straight to the point, my initial thought is that my portfolio will consits of two ETFs, one following the S&P500 and the other following a Total Stock Market Index Fund and having a ratio of 50/50 or 40/60.
+
+I know my limits, I'm not an economist and I don't want to spend my free time glued to the screen watching charts. I want to put my portfolio on autopilot and I want to exercise DCAing into these two for the long term, let's say >= 20 years. I also don't want to put all my money into the stock market, therefore I'm considering a 25/75 split, 75 being the stock market until my tolerance for risk changes with time.
+
+I'm really courious about what you guys think about this strategy and I'd love to hear about yours. Every opinion is greatly appreciated.
+
+Thanks
+Realty Income Corp (**$O)** is a fairly popular dividend stock based on what I've seen here in this community.
+
+With a yield around 4%, and relatively consistent growth over many years, I'm not surprised why many have a position in $O. Also, the stock still isn't back at pre-covid highs of the low 80s.
+
+If we were to see an increase from the current price to the pre-covid high, it woulod be a 14% growth.
+
+My question is, do you think there is still room for $O to grow? If so, what are your price targets?
+
+Thanks for any replies :)
+I made [this spreadsheet](https://docs.google.com/spreadsheets/d/10poQV7M3ExQwBu0GK0X8ySKu8h99fXe8kly-Rxlht00/edit?usp=sharing) to help calculate the tax savings by contributing more into super.
+
+E.G. say someone was on 90K and they wanted to make a 17K contribution into super. This would put them above the 25K concessional contribution limit for the year but would be ok if they were using the [carry forward rule](https://www.ato.gov.au/individuals/super/in-detail/growing-your-super/super-contributions---too-much-can-mean-extra-tax/?page=6).
+
+They would save  $2,975 in taxes (income tax before contribution - income tax after contribution - tax on contribution going into super).
+
+You can copy the spreadsheet, it should copy the formula's and you can play around with the numbers yourselves.
+
+EDIT: I’ve also given myself the goal of [300k in super by the time I’m 40](https://bughuntersam.com/coast-retirement-via-super/) because that will allow me to coast financially in retirement. So I plan on making full use of these concessional contributions limits/tax benefits over the next few years.
+Guten Tag to this global band of Apes! 👋🦍
+
+Another exciting day HODLing GME! Am I the only one who saw how easily the price rose over $10 yesterday, until the Short Hedge Funds activated the shorting machine and tried to regain some control? It gave me the strong impression that the SHFs are losing their grip on the price, and any slips become more significant than they can tolerate. The quarterly futures must be closed and settled by market open on Wednesday, so there's a lot of anticipation about what the next few days will bring. As more and more Apes are pushing their shares to ComputerShare, out of the hands of the enablers at the DTCC, the pressure is ratcheting up on SHFs. Which fund will move to close its short positions first? Are they *all* hopelessly underwater, without any chance of survival? Stay tuned, and stay Diamantenhände!
+
+Today is Friday, September 17th, 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: **$210.31 / 177,94 €**  *(volume: 1456)*
+- 🟩 115 minutes in: $210.34 / 177,96 €  *(volume: 1204)*
+- 🟥 110 minutes in: $210.19 / 177,84 €  *(volume: 1199)*
+- ⬜ 105 minutes in: $210.31 / 177,94 €  *(volume: 1197)*
+- 🟩 100 minutes in: $210.31 / 177,94 €  *(volume: 1197)*
+- 🟩 95 minutes in: $209.77 / 177,47 €  *(volume: 967)*
+- 🟩 90 minutes in: $209.75 / 177,46 €  *(volume: 950)*
+- ⬜ 85 minutes in: $209.71 / 177,43 €  *(volume: 942)*
+- ⬜ 80 minutes in: $209.71 / 177,43 €  *(volume: 940)*
+- 🟥 75 minutes in: $209.71 / 177,43 €  *(volume: 935)*
+- 🟥 70 minutes in: $209.72 / 177,44 €  *(volume: 913)*
+- 🟩 65 minutes in: $210.00 / 177,68 €  *(volume: 771)*
+- 🟩 60 minutes in: $208.14 / 176,10 €  *(volume: 664)*
+- 🟥 55 minutes in: $208.05 / 176,02 €  *(volume: 578)*
+- 🟩 50 minutes in: $208.07 / 176,04 €  *(volume: 574)*
+- 🟩 45 minutes in: $207.45 / 175,51 €  *(volume: 472)*
+- 🟥 40 minutes in: $207.43 / 175,50 €  *(volume: 472)*
+- 🟥 35 minutes in: $207.45 / 175,51 €  *(volume: 441)*
+- 🟥 30 minutes in: $207.48 / 175,54 €  *(volume: 399)*
+- 🟩 25 minutes in: $207.53 / 175,59 €  *(volume: 345)*
+- 🟩 20 minutes in: $207.50 / 175,56 €  *(volume: 301)*
+- 🟩 15 minutes in: $207.48 / 175,54 €  *(volume: 241)*
+- 🟩 10 minutes in: $206.91 / 175,06 €  *(volume: 150)*
+- 🟥 5 minutes in: $206.84 / 175,00 €  *(volume: 50)*
+- 🟩 0 minutes in: $207.06 / 175,19 €  *(volume: 48)*
+- 🟩 US close price: $206.37 / 174,60 €   *($205.30 / 173,70 € 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 1.18194229. I wrote and maintain a C# application 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 just 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!
+https://www.bloomberg.com/news/articles/2017-03-21/two-in-five-americans-say-they-ll-need-1-million-to-retire
+
+
+I thought this might be an interesting article for discussion.  It seems like people underestimate the true costs of retirement.  
+
+Edit: my statement of underestimating the cost of retirement was referring to the 60% who don't plan on having $1M to retire 
+[**GameStop Wallet Support**](https://support.blockchain.gamestop.com/hc/en-us/sections/4412111751955-Getting-Started)
+
+# 🟣 [Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/v2ff5r/drscomputershare_megathread_062022/)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+# 🙋 ​[What's GME & should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+# 📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+>A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for help with user flairs
+
+​
+
+**📌 Flair update! Out with the ODL in with the new 🧾 Buy & HODL 💎🙌 with a new background color #242424, IYKYK**
+The report can be found here : [https://www.esma.europa.eu/sites/default/files/library/esma50-165-1842\_trv2-2021.pdf](https://www.esma.europa.eu/sites/default/files/library/esma50-165-1842_trv2-2021.pdf)
+
+Here is a copy pasta of the most interesting mention of GME:
+
+"In January 2021, a limited number of listed US companies experienced unprecedented surges in prices and volatility. These companies, such as GameStop and, to a lesser extent, Popcorn, were heavily shorted due to struggling performance and concerns over the sustainability of their business models during the COVID-19 pandemic (short interest for GameStop reportedly reached 120 % in January 2021).
+
+The extreme price jumps were initiated by massive share purchases by retail investors, who also employed leverage through margin trading and purchased short-dated call options. As valuations increased, further price hikes were fuelled by short sellers covering their positions (i.e. a ‘short’ squeeze) and by underwriters of call options being forced to acquire part of the stock to hedge their positions (i.e. a ‘gamma’ squeeze), ultimately resulting in heavy losses for selected hedge funds that had large bets on GameStop.
+
+The short squeezes affected overall US trading volumes, which in January 2021 surpassed the levels observed at the height of the COVID-19 market stress. OTC volumes were particularly elevated (+ 130 % and + 235 % in January and February 2021 compared to 4Q20), because a great portion of trading took place through off-exchange wholesalers, which in recent years have gained market share thanks to commission-free trading models.6 In this regard, potential impacts of heightened OTC volumes on the price discovery mechanism will be monitored.
+
+Despite a short-lived increase in the number of non- EEA shares traded (which, in relative terms, increased from 4 % to 6 % of the total between December 2020 and January 2021), EEA trading volumes were broadly unaffected by the US rally (T.10).
+
+Additionally, ESMA monitored the evolution of heavily shorted shares in the EEA, which amounted to lower numbers and were characterised by lower short positions than their US counterparts on average. In the aftermath of the GameStop rally, a reduction in short levels for these shares was observed, and overall short selling activity was not significantly affected."
+
+Thanks for reading Apes, buckle up cuz Moon Season is approaching fast 💎👐🏼💎🦍🦍
+A lot of people ask the big question "overpay mortgage or invest" and whilst I'm not recommending one over the other with this post (as people's situations and risk appetites differ) I just wanted to remind people of something important: when you overpay your mortgage you're not just saving based on your current interest rate but future interest rates too, which given the recent trend is on the rise.
+
+I'm saying this as I see so many people on here arguing "I'm on a great low rate of X% on my mortgage, I reckon I could get X+5% investing so I'm going to do that". If you've got a long time left on your mortgage, e.g. over 20 years, it's likely that you'll see rates in excess of 5% at some point. Any money you overpay now at, let's say, 2% will still reduce the interest you pay in the future when you could be stuck on 6%, 7%, or even higher. If you've knocked off tens or even hundreds of thousands of pounds in overpayments over the years, this could really save your skin if/when rates go back up to these levels.
+
+"Well I'll just move money out of my ISA to clear the mortgage if that happens" - but what if we're in a dip and your ISA is in negative growth, where ideally you wouldn't want to sell? And even then you're typically limited by 10% overpayments without incurring fees.
+
+Again, this isn't meant to sway people away from investing but just a reminder that overpaying your mortgage can be more beneficial than you think in the long term - don't just focus on your current rate when deciding!
+I saw a video on Hedge funds on YouTube and I'm curious how they are constantly giving good returns. 
+1. Now I'm curious to know how are they different from Mutual funds and are they regulated the same way? 
+2. Are retail investors allowed to invest in them directly?
+I am looking to invest in real estate in the Badlapur - Vangani - Karjat area around Mumbai.
+
+Mostly looking at under construction projects. What are the parameters by which I should judge if a property would be a good investment or not?
+Do banks offer any services where you can give them your money so they can leverage trade with it for you?
+What are those kinds of services called? Are there any private businesses that offer this? 
+Any idea what those premium wealth management savings account are for? How do they manage your wealth? Just make investment decisions on your behalf? Or are they leverage trading on your behalf
+You can discuss something like these, ITT:
+
+- Which fund houses are you currently investing with? Why did you invest in the funds?
+- Reviews on the funds offered by the fund house?
+- Provide your opinion on the investment services offered by the fund house. Do you avail their instant redemption features of the liquid funds? Do you use a "smart" SIP offering?
+- How easy it is to navigate & use their app / websites?
+- Does the fund house provide periodic communication regarding the markets, fund performance and strategy?
+- What PMS scheme / AIFs are you currently invested in, if any? Why did you choose it?
+- What does the PMS / AIF fee structure look like?
+- Does the PMS manager provide periodic communications regarding portfolio selection and performance?
+
+---
+
+You can ask for general review of a particular product or service that you are researching - _"What is the investing style of fund X? Is it recommended for long-term retirement needs?"_, but **avoid asking for personal advice**.
+
+The discussion is for consumption by a broader audience, not just specific to you.
+
+For advice regarding your personal situation (like "I have 25L saved up currently for retirement purposes in 30 years. What fund / PMS / AIF should I choose?"), the bi-weekly advice thread is recommended It's stickied at the top of the subreddit.
+
+Personal advice queries and comments will be removed to ensure that older threads provide sufficient historical reviews on products and services.
+
+Reviews posted here can be relied upon by newcomers to evaluate customer experience. Please confine the discussions only to reviews or requests for reviews of products and services.
+
+[Link to previous threads](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)
+I'm researching MFs and have come to know about Index Funds. I read that these funds are safe since all they have to do is to follow the Index and not beat the market which is difficult to do. But what exactly does following the Index mean? How do they work and make money? Also, I am thinking of two Index funds, HDFC Sensex and Motilal Oswal NASDAQ 100. What are your thoughts on them? But is it safe to invest in Index funds when the market is down due to covid lockdown? Any and all help is appreciated. Thank you.
+Let's dive right into it, I will keep it as brief as possible.
+
+*My intention is simple:* **I want you to think critically of everything posted on here to sharpen your mind so you can get jacked to the tits when it is appropriate.** 
+
+**Apes are stronger together. I am not doing this to discredit anyone on here. I am really grateful for any DD posted, whether they are right or wrong. If anyone feels offended, please get back to me and I will try to clear it up. I am not saying that I have a better explanation, I am just pointing out flaws to make us think again and come up with something better.**
+
+​
+
+​
+
+https://preview.redd.it/60o54tokrix61.jpg?width=640&format=pjpg&auto=webp&s=8b44b62aa61ef89a2914913bbba9205d3b0a40fd
+
+​
+
+**Number 1: Negative 1m Volume Yesterday**
+
+\-  [CITADEL, MARGIN CALL, 1M MISSING SHARES & THE TRADING HALT](https://www.reddit.com/r/Superstonk/comments/n5yl8r/citadel_margin_call_1m_missing_shares_the_trading/) 
+
+\- [OMFG it looks like all of Shitadel's volume was temporary deleted from the NYSE!!!🚀🚀🚀 This shit is unprecedented. 🚀🚀🚀](https://www.reddit.com/r/Superstonk/comments/n5vqnr/omfg_it_looks_like_all_of_shitadels_volume_was/)
+
+​
+
+https://preview.redd.it/00udu5zaqix61.png?width=743&format=png&auto=webp&s=7080f3197d6d355f65125bc9a164f7a2494dbeb1
+
+While there is already some counter-DD provided up there, I would like to quote Dave Lauer ( u/dlauer ) here. I do not say that this counter-DD is completely false, though it is really upping the expectations of a few apes. It is speculation and should be taken with a big spoon of salt. 
+
+*''I'm still trying to figure out what happened, I've asked our data vendor to look into it. Here's what we see on the data feeds from yesterday for GME:*
+
+*2,114,814 total shares:*
+
+*Pre-market: 38,688*  
+*RTH: 1,947,120*  
+*AH: 129,006*
+
+*Again, my theory would be that there was a large volume print that was a mistake, and which was later corrected with a correction message. If it was a retail system that had an issue, it could have affected a set of stocks that system was trading, which is why a bunch of "meme" stocks were impacted. Like I've said, this kind of thing actually happens with some regularity. Market data systems regularly have problems - you'll often see an errant price print or volume print that is later corrected. I'll follow-up once I hear from the data vendor.''*
+
+**This states that errors like these are not completely unnatural and happen. So without any assumptions, that is what the CTA stated here as well:** [**https://www.ctaplan.com/alerts#110000353886**](https://www.ctaplan.com/alerts#110000353886)
+
+\----
+
+**Number 2:** [**DTCC and Citadel intimately connected to a firm called Price Waterhouse Coopers which profited 322M from Lehman's collapse.**](https://www.reddit.com/r/Superstonk/comments/n5yxpd/dtcc_and_citadel_intimately_connected_to_a_firm/)
+
+​
+
+[Big Four](https://preview.redd.it/5mnjocw3qix61.jpg?width=991&format=pjpg&auto=webp&s=e3a5fd00d16000f1c462fef9eea4b3325cfedaf5)
+
+I am going to wrap this one up very quickly. If you are working for a major bank, hedge fund or market maker, you most likely worked for one of the big 4 audit firms before. It is literally the best thing to have on your CV. You are not connected to any other firm that has the same accountant as you either, are you?
+
+**PwC, Ernst & Young, Deloitte and KPMG combined make up over 60% of the yearly turnover of auditors. There is literally no firm in the financial sector that isn't audited by them** (check on the proxy statement who is doing it for GME).
+
+\----
+
+**Number 3: Supressing Buy-Pressure through Dark Pools - Routing Buys through dark pools and sales through open market**
+
+​
+
+https://preview.redd.it/cd4or3ygqix61.jpg?width=1280&format=pjpg&auto=webp&s=4604d50bc67309bf21c422650379fc9509824b4b
+
+Hate to brake it to you. Dark pools are being used to manipulate, but they are not being used the way we thought. Even on Dark pool the price has to be within the NBBO. The DD on that is not right. Same with the suppression of the price.
+
+Since you are all visual and like to see/listen to stuff. Seriously watch the AMA with u/dlauer
+
+[**Link to the Video**](https://www.youtube.com/watch?v=AYct0XX0uTU)
+
+About Dark Pool NBBO -> from 54:30 onwards. It is about 5 minutes long.
+
+\----
+
+**Number 4:** [**Citadel has just been margin called - Linear-Margin-Call-DD**](https://www.reddit.com/r/Superstonk/comments/n27l05/i_may_have_just_figured_out_the_margin_call/) **and** [**I don't to tout the horn without knowing anything, but, i think "they" got margin called today.**](https://www.reddit.com/r/Superstonk/comments/n5trot/i_dont_to_tout_the_horn_without_knowing_anything/)
+
+I strongly disagree with this DD since it is pure speculation to a degree that caused a major misconception among apes. Just check the daily thread and see hundreds of comments asking questions why citadel can still short when they have been margin called.
+
+I am a numbers guy and I like the approach the author of the DD has. But it is not that easy. The market is not that easy.
+
+​
+
+https://preview.redd.it/z5vgggk5oix61.png?width=754&format=png&auto=webp&s=ec5b247ea86f487144ac4c0f8974dbf8ad162b3c
+
+So why do I disagree with the DD and assumption made?
+
+1. We are basically having two points of data and from there on we make the assumption that a margin call threshold is linear (or close to it). You cannot make such a statement in a changing, intransparent and connected market. We do not even know whether the first two points are even close to being accurate - hell I am going so far that I strongly believe not even citadel knows at which price a margin call would exactly happen. Because the banks / financial institutions decide themselves. 
+2. Every HF that is short on GME has its own threshold 
+3. The author's assumption would only be anywhere close to accurate when from datapoint 1 and datapoint 2 NO player in the market has done anything at all. No trades, no movement of the stock for literally months. But stocks did move up and down. There were pump and dumps. Weird activity on the options chain. Unnatural price explosions on crypto. Raising capital done by hedge funds and institutions. And business as usual for those HFs as well by buying and selling assets. 
+
+So going by that, it is pure speculation. We do not know whether a threshold for a margin call has moved up, down or is spinning sideways. We do not know and will not know until it happens.
+
+Oh while I am at it, let me slide over into the next misconception:
+
+\----
+
+**Number 5: Margin call = Moon**
+
+​
+
+https://preview.redd.it/wnd7a0emqix61.jpg?width=2063&format=pjpg&auto=webp&s=1b0d7103c0c81b7e027b98a4156ecf5441a70155
+
+No. A margin call is nothing unusual. Almost anyone who has traded on margin has had one before. Because the margin call itself is not the issue. Problems arise when you can't satisfy it. But you have time to do so as a HF, and even more time as a MM. **So you will NOT know if citadel has been margin called until they fail to satisfy said call.**
+
+\---
+
+**Number 6: O**[**MG!!! WTF? Did SHITADEL Register Something in the CAYMAN ISLAND 3MAY21**](https://www.reddit.com/r/Superstonk/comments/n4sbhz/omg_wtf_did_shitadel_register_something_in_the/)
+
+​
+
+https://preview.redd.it/nvlg2eb3rix61.jpg?width=945&format=pjpg&auto=webp&s=66628e13d52cde117e16d3b45f7451076b9bd2a7
+
+So, do you think this is something unusual? No. Name one bank, one large hedge fund or one financial institution that doesn't have a subsidiary, fund or bank account over there. Just one.
+
+To make it short (pun intended): EVERYONE has connections to the cayman island. Unfortunately it is legal for those institutions.
+
+Do I like that? No.
+
+Is the timing weird? Maybe. but maybe not. Look at all these companies continuing with business as usual. New funds there, new SPACs here.
+
+Unfortunately, this is nothing special.
+
+\---
+
+**Number 7: Negative beta go BRRRRR**
+
+I still see these comments daily. No picture for you here, I am sorry.
+
+To make it short: The beta only reflects past performance and DOES NOT indicate future performance, especially on a highly manipulated stock.
+
+\---
+
+**Number 8: -** [**Sell off from Bezos and other CEOs**](https://www.reddit.com/r/Superstonk/comments/n5sfq1/someone_knows_something_jeff_bezos_also/)
+
+​
+
+https://preview.redd.it/g4ve8rd6tix61.jpg?width=2400&format=pjpg&auto=webp&s=29fc9f6ea30810b2f6b836118d43da8b3235bc42
+
+[This is from the post.](https://preview.redd.it/p0f131ocsix61.jpg?width=960&format=pjpg&auto=webp&s=34fec5573805e0bb9497849567384ef57402b481)
+
+Again, when you see posts like these, always compare them to the past to see whether they are unnatural. Sorry to brake it to you, bit this is nothing special. Mr. Bezos sells stock regularly to fund other ventures (especially his space company). Same goes with other CEOs that sold that I checked, e.g. Zuckerberg.
+
+​
+
+[Sorry.](https://preview.redd.it/owdkeqw2tix61.png?width=2766&format=png&auto=webp&s=3720b30ca5c62df127fa08f7b702e454d9cf0b4d)
+
+\----
+
+**Number 9:** [**BofA's hedge fund clients are selling equities at the fastest rate since 2008**](https://www.reddit.com/r/Superstonk/comments/n617d8/bofas_hedge_fund_clients_are_selling_equities_at/)
+
+​
+
+https://preview.redd.it/gvsu2h4ktix61.png?width=700&format=png&auto=webp&s=11a699720102677fc8e03fbca9c40dabfe05d463
+
+While in theory the sell off is huge and I agree that this has a reason, the numbers are not comparable. The market has grown at a rapid rate and is MUCH bigger than in 2008, hell even in 2020. Just check all major indexes and compare them to 2008. With a bigger market and more money involved, net flow of sales will be much bigger. Hence these numbers don't bring provide any value.
+
+\----
+
+**Again, I do not want to discredit or discourage anyone from posting DD. I just want to make sure this does not end in an echo chamber. Everyone needs to do their own DD and question everything so we stay excellent and sharp.**
+
+**I want to make one thing clear. I am balls-deep in GME. I do believe in the MOASS. I do believe that we will see a market crash.**
+
+Maybe I will do these more often in the hope of apes being more thoughtful of info on here.
+
+If mods feel like this is DD or any other flair, feel free to change it.
+
+**OH AND MODS, while I got you here. May I have the flair ''Diamantenhände 💎👐''?** 
+
+K thank you. :-)
+
+Since I do know you like pictures of buildings with lights on, here is one for you.
+
+​
+
+https://preview.redd.it/gj1oox90vix61.jpg?width=612&format=pjpg&auto=webp&s=75e8cf63d1fbae00569e59f948f125816f7dd10d
+ Okay apes, I’m here with some juicy DD on $BBBY. Although today RC is drilling all our wives and  waved the flag of scumbaggery, its ok because it’s looking fucking great without him. Let me explain:
+
+Here is breakdown of what had happened, what caused the price to drop and what DIDN’T (important) cause the price to drop.
+
+Below is a chart showing RC selling his shares periodically (this is done to prevent huge movements).
+
+On 8/16 ---  RC started selling at a price of $18/share, this price was on the charts around 10:20am (very important will explain later), by the end of the day he had sold 5,000,000 shares with prices ranging from $18 to $26 per share.
+
+on the next day, 8/17 ---- RC sold 2,780,000 shares, with prices ranging from $23 to $29
+
+​
+
+​
+
+[https:\/\/www.sec.gov\/Archives\/edgar\/data\/886158\/000092189522002496\/sc13da313351002\_08182022.htm](https://preview.redd.it/m43f4k6xeki91.png?width=938&format=png&auto=webp&s=86f884c3b0754ca17cb60843dab0bbd61a67b6b7)
+
+So now we know he sold 5 million on 8/16 and 2.7 million on 8/17. But do you remember what the chart looked like on 8/17 when market opened? after RC had already sold 5 million shares the day prior…well let me show you this juice. 
+
+​
+
+If you look at the chart below, on morning of 8/16, there was one dip before we climbed to a high of $29/share, that dip was around the same price that RC started selling around the price of $18 as shown on the chart above, yet we continued to climb. 
+
+​
+
+https://preview.redd.it/q8naldg5fki91.png?width=830&format=png&auto=webp&s=484750bd3e9ae660646c9cc6f8c2b297d273dcd5
+
+Why though? Why did we continue to climb? Because we had no fucking idea that he was selling. This will get so much juicer just wait. 
+
+​
+
+​
+
+The chart below shows that at 4pm on 8/16, the price closed with a low of $18, at that point, 5 MILLION shares have been sold by RC (the bigger and first chunk that was sold). But we had no fucking clue, yet the following day, we mooned first thing after opening as you can see below, and held at even higher than the day before, we recovered like it was nothing, and held a good floor. All of this happened after RC had sold 5 million shares the day prior + most of his second batch which was selling periodically throughout the day on 8/17 while we maintained a good floor level. we had such great support that his sell off did not shake the chart. below shows when we closed after 5 million of RC shales have been sold, and right after that circle is when we recovered (again we had no clue) 
+
+​
+
+​
+
+https://preview.redd.it/udjnjzprfki91.png?width=936&format=png&auto=webp&s=44e6fe4391cf847804b172e1d416d5717ef0bc7f
+
+On 8/17 (yesterday) around 3pm, FUD started coming out that ryan cohen is intending to sell his shares. Mind you, at that point he had ALREADY SOLD ALL HIS SHARES AND WE STILL HELD A HIGH PRICE OF 27$, but panic started happening thinking RC was still in and was going to sell, when he in fact had already sold everything because by this point it is 3:30pm and his shares cannot sell as a lump sum, meaning he was strategically selling through out the day yet we maintained a high. What does this mean? It means the huge drop we saw towards closing yesterday was almost purely panic selling. 
+
+​
+
+​
+
+**Now on the real DD:**
+
+​
+
+Below is data from 7/29 showing float being less than naked shorts, 28.26 million float and 29.07 million shorted, this puts the short % of float at a whooping 102.88%, textbook says 20% or higher is considered high. 
+
+​
+
+Now since this data is not up to date, counting worst case scenario, RC sold a total of 7,780,000 shares, which were added to the float. This makes the new float around 36 million, while the short is 29 million (new data is most likely higher), this makes the new short % of float around 29/36 = 80.5%. I take pride in having a big dick, but this value is bigger than my dick could ever get. This is still huge, and this is counting worst case scenario. 
+
+​
+
+https://preview.redd.it/faj688oxfki91.png?width=936&format=png&auto=webp&s=bf697dea9de5868ec83ed8149d321b8a5aca642f
+
+But Baylish I am retarded, please simplify this to me? Ok ape, I’ll summarize like you’re 5. 
+
+1.	we had no fucking clue that RC had already sold all of his position, yet we continued climbing. This is huge, why? Because that means RC did not matter. 
+
+2. we now have one less entity to worry about that could rug pull moving forward. 
+
+2.	it only started crashing once the fud came out -> causing mass panic. This caused more damage than RC himself selling, in fact RC selling didn’t make a dent, this shows that sentiment goes a long way. 
+
+3.	new tentative data shows short % still high as fuck (around 80% per morning star’s latest info)
+
+
+4. if we manage to even make slight, yet gradual rise from here and bring back the positive sentiment, we have less risks of rugpull like with RC, and we have proved absolute resilience after the worst that could happen. 
+
+​
+
+​
+
+
+
+Not a financial advisor. I’m holding my position, because we are back to an affordable price where many can jump in if they choose to. And I believe if we get this started again, especially without a hero figure, we will be unfucking stoppable. It’s all sentiment and a little bit of price rise.
+
+the good news is that BBBY got huge media exposure that any type of recovery WILL have all eyes on it…. In a jaw dropping way. 
+
+Reminder:
+
+1. GME went down 50% before it shot up. 
+
+2. This sub had a fraction of its current members during GME (2m vs 12m) 
+
+
+3. Could u imagine the kind of FOMO that will happen if we pull this just $3-5 back up intraday after all the Psuedo bad news? 
+
+4. It’s on fucking REG SHO 
+
+Invest on your own risk, this could go 3 possible ways: we could shit our pants losing everything, or shit our pants seeing a turn around, or shit our pants seeing a turn around after paper handing. Choose which way you want to shit your pants. In either case, we will shit our pants. Stay well friends
+
+If you are bullish and intend to HODL or buy more, speak up about your positive sentiment because ur bullishness can go a long way on this anonymous sub of millions. 
+
+“When everyone is greedy that’s when you should be fearful, when everyone is fearful, it’s time to be greedy” - Warren Buffet
+
+EDIT as of 11:24 pm EST: GOLDMAN SACHS BOUGHT 1,000,000 shares worth of calls TODAY! Citedal, among others bought total of 100,000 calls within last 3 days per Fintel data!
+Hi all, I've been investing for about a year now and I decided to go with the Vanguard Life Strategy 60% as I might want the money in the next 5 to 10 years. Then I also picked the FTSE global index tracker for an ISA as I thought it would be a nice long term pot maybe for retirement. 
+
+Anyway, my question is to you all how do you all know what you pick? Personally I just read the information on Reddit and listened to some podcasts and just did what was suggested. But those who buy funds that are outside of the Vanguard Life Strategy / Index trackers - How are you making those decisions? 
+
+I'd like to know;
+
+* What resources are you using to learn information?
+* How do you know when you've got enough information to make a choice/how long do you spend seeking information?
+* Are you actually interested in what you're investing in? Like I know some people are conscious of investing in 'good' things and not things like arms etc. Do you actually pay attention to that? And I suppose why? 
+
+I've got tonnes of questions - I just want to understand the benefits of understanding more about what I'm investing in, and if the time spent researching pays off.
+I am shaking while writing this, but I know that I need to suck it up and put it all out there. I've been struggling financially for the past few months and I am feeling so suffocated under all of this that I can't see a way out. I have been more stressed and anxious about this than anything else in my life. I could barely sleep last night, my heart beating out of my chest, knowing that I was going to type this post up and submit it today, asking for help/advice/suggestions/a way forward.
+
+I feel so overwhelmed I don't even know where to begin.
+
+First, some info about me: I am a 26 year old law student, in the middle of my final year of school. I go to school full-time, am a senior editor on the law school's law review, and I also work two part-time jobs (one is at Starbucks, the other is a legal internship for the federal government that limits me on how many hours I can work). I do about 12-18 hours at starbucks and only 4 hours with the government per week. On top of that, I am doing lots of post-graduation job searching, networking, applying, interviewing and other things to try and help me find decent-paying legal work after I graduate. I have little to no time formyself and It is *killing me*. I am stretched thin, tired, losing weight, struggling to keep up in school and on top of all this, I've always got money and my debt and my insufficient income to help me out on my mind. 
+
+I've tried reading some self-help financial books, but a lot of them seem to be geared more towards people who are already pretty financially stable, who need advice investing or saving for retirement, etc. I can't even begin to think about that right now. It scares me, freaks me out, makes my heart rate speed up. I am terrified that I've fucked over my future, because of stupid decisions and irresponsibility.
+
+When I graduate in the spring, I will have roughly $150,000 in student loans. That thought terrifies me. Currently, I have $17,931.87 in credit card debt. In late spring earlier this year, I opened a balance transfer card to send some of my debt over there, in the hopes of avoiding paying more interest on it. As you will see, that didn't come to fruition, and I've ended up gathering more debt since then...
+
+This has all accumulated on top of my student loans for a number of reasons: cost of living increased much more than I expected, unexpected car troubles/emergencies hit me that I was unprepared for, and during both of my summers in between years of school, I was working away from home, unable to sub-let my apartment, and without student loans in the summer to help buoy me, was paying to live in a different city for work while also having to maintain my apartment at home. I ended up being unable to save anything from either of these two summer jobs, had to rely on credit cards to just pay rent/utilities/travel expenses/etc., and now, here I am. Drowning in debt, suffocating, feeling like there is no end in sight. I'm not trying to make excuses, I know I'm in a deep hole and I need some help to get out of it. 
+
+
+I am terrified. I am feeling so lost and helpless and ashamed. I'm depressed and suffering mild anxiety attacks, which has never happened before. I never thought this would happen to me but I don't know what to do or where to turn or what to even *start* doing now to fix anything. I hope I haven't ruined my life and my future. I need some help, please. 
+
+To help out, I've tried to outline my accounts, and bills that I know I will for sure need to take care of in the coming months. I don't get another student loan deposit till January. I don't know what to do, or where to begin, or how to move forward. I feel stuck and like there's nothing I can do, but I am motivated to try something to improve my situation.
+
+**Current Funds**:
+
+*Checking Account* - $4117.29 (The base of this is remaining from the student loans dispersed to me in August. I've got ~$350-400 coming in every two weeks, after taxes, from the two part- time jobs I am working. But it’s never a set amount.)
+
+Jan 1~ - *student loan deposits* ~$10,141  
+
+*Savings Account* - $600
+
+**Current CC Balances / APRs / Minimums**:
+
+*Slate Card* - $1413.77 / 24.99% / $25 minimum
+
+*Amazon Prime* - $5003.19 / 24.24% / $145 minimum
+
+*American Express* - $6147.12 / 9.99% until 11/11, then goes to 20.24% / $117 minimum
+
+*Discover* - $5367.79 / 0.00% until 09/19/19 - used this as a balance transfer card for previous credit card debt :( / $115 minimum
+
+**Future Expenses/Bills**:
+
+Oct 20 - 150 due for total utilities
+
+Oct 28 - 465 for November rent
+
+Oct 28 -25 min for slate card
+
+Nov 6 - 117 minimum due AMEX
+
+Nov 8 - 145 minimum for amazon card
+
+Nov 11 - 115 due for car insurance
+
+Nov 14 - 115 min for discover
+
+Nov 20 - 150 due for utilities
+
+Nov 28 - 465 for December rent
+
+Nov 28 - 25 minimum due for slate
+
+Dec 6 - 117 minimum due AMEX
+
+Dec 8 - 150 min for amazon card
+
+Dec 11 - 115 due for car insurance
+
+Dec 14 - 115 minimum due discover
+
+Dec 20 - 150 due for utilities
+
+Dec 28 - 465 for January rent
+
+Dec 28 - 25 minimum due for slate
+A work friend congratulated me today for a promotion I haven't received yet; my team manager then scheduled an impromptu meeting for 10:30 tomorrow. 
+
+My concern is that they'll lowball me and leave no scope in the meeting to negotiate; the company has a reputation for doing this and my salary is already below market average. 
+
+I think I'm fairly well prepared; I have a good idea of how the amount of value I bring to the company has increased, backed up with evidence, an idea of salary  for similar roles both within and outside the organisation, and ideas for the future. I also have a target amount that I think is more than reasonable. But does anyone have any tips on how I can both initiate the conversation and make sure it goes well?
+
+UPDATE: Thanks for all the helpful advice and goodwill you have all shown in the comments. Here's how it went - I'll try and be as detailed as I can as I'm sure someone else on the internet will find themselves in the same situation someday.
+
+The meeting just myself and the head of my team over coffee, which was reassuringly casual. He started in his characteristic manner by asking me if I wanted the good news or the bad news first - knowing the bad news was likely some minor housekeeping issue (it was), I opted for to hear it first so that there was no excuse for him to change the subject mid-conversation.
+
+After that was out the way he dove straight in and handed me some paperwork to sign, detailing the promotion, change in salary, and change in notice period. The rise was actually reasonable - only £1k less than my target, over the company average and about in line with the wider market. Nevertheless I decided to practice my negotiation skills since you had all given me such good advice.
+
+I held off signing and opened the dialogue by just asking if there was any wiggle room on the salary. He seemed a little thrown by this but asked what I had in mind, so I gave a number just a few thousand higher than my original target and backed it up with evidence of my value and some ideas for the future.
+
+He was receptive but mentioned that everything had already been processed. I don't think this was being used as a tactic on his part, but in any case I'm glad I pushed back on this as in the end he accepted the unsigned document back and said he'd see what he could do.
+
+So that was it. Apologies if the culmination wasn't quite as exciting as you all were hoping, but all in all I feel it was quite positive. A few thoughts I'd like to leave here for those who might see this in the future:
+
+- It always helps to cultivate a good relationship with your manager. He's always been an advocate of my work and consequently the struggle is us vs. HR rather than him vs. me. I also believe that this is the reason i wasn't lowballed to begin with.
+
+- The signing of a document is never 'just a formality'. Had I signed it there would not have been a negotiation. 
+
+- The worst that can come from asking is that nothing happens.
+
+- Never undervalue your skills, no matter what they are. I know that this sub and this website as a whole has a tendency to apportion greater value to STEM-related skill sets, but in the end it was the value that my literary background brought to the company that became the point of interest. It pays to be the only one in an organisation with a humanities degree.
+ 
+
+[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) | [📈 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) | [🤔 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) | [💡 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) | [📰 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) | [🚨 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) | [🏆 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) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+To filter out CS/DRS posts, click the link or type [\-flair\_text:"💻 Computershare"](https://old.reddit.com/r/Superstonk/search?q=-flair_text%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&sort=relevance&t=all) 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!*
+If so what was your thought process?  I'm often hearing that these levels are still low historically (very long history) but in the more recent history it's quite high..
+EDIT: Sorry to the people asking for Discord link, it's not an official /r/thetagang discord! 
+
+TL;DR: YOLO 1DTE AMZN and GOOGL Iron Condors to try and recover losses from this week (shorted an insane amount of Google call spreads). 680K on Thursday -> 828K Friday close. 650K collateral tied up in the IC's. Ignore the -20K on TSLA. MMs screwing my P/L at close moving up that ask.
+
+Legged into the condors. Amazon short put strike ~3365, short call strike 3500. Google short put strike ~1630, short call strike 1635. Max gain would have been closer to 300K but I closed out the insanely tight Google IC too early when it looked like we were going to face rip upwards. The market was with me today with both underlyings moving sideways all day.
+
+https://imgur.com/a/tJl0G6L
+
+(Yes this is risky, no I do not generally do this when selling). Shoutout to the theta gang discord fam if you see this ;)
+See pics
+
+​
+
+https://preview.redd.it/cwp9p0a39ep61.png?width=883&format=png&auto=webp&s=7ffb7dc890a7b1b64c6ddefa6907672bb38a0b04
+
+​
+
+https://preview.redd.it/22ueh5ax8ep61.png?width=935&format=png&auto=webp&s=3badcf24a10d96d23885466b0b29f60bf0447920
+
+https://preview.redd.it/xugac58z7ep61.png?width=897&format=png&auto=webp&s=35304118c1e25b73a25e794dfbfbd2bae9d48e4b
+
+Holy shit I figured a loss of maybe like 10 or 20 percent was reasonably likely and I'd keep selling calls and it would work, did not think a 50% share value drop in a week was in the cards
+
+Still holding tho
+
+Update: this cratered a lot more after I posted and I barely avoided a margin call by adding funds to my account and getting lucky on the closing price. It turned out there was a lot of analyst activity today around the streaming market generally, but nothing that to me remotely justifies this level of catastrophic meltdown, and in particular I can’t understand at all why discovery and Viacom moved in tandem despite some analysts particularly favoring discovery+ and disliking paramount+, and only one of them announcing a share issuance. So, apparently, what I thought was a hobby I was good at is actually just a gambling addiction and I took on crazily moronic risk. Either that or I am actually just completely holy fucking shit levels of unlucky. Or both.
+
+I still think I’m right about the company and now that my acc is restricted RH has enabled diamond hands mode!! No selling any time soon for me unless they liquidate my ass
+See pics
+
+​
+
+https://preview.redd.it/cwp9p0a39ep61.png?width=883&format=png&auto=webp&s=7ffb7dc890a7b1b64c6ddefa6907672bb38a0b04
+
+​
+
+https://preview.redd.it/22ueh5ax8ep61.png?width=935&format=png&auto=webp&s=3badcf24a10d96d23885466b0b29f60bf0447920
+
+https://preview.redd.it/xugac58z7ep61.png?width=897&format=png&auto=webp&s=35304118c1e25b73a25e794dfbfbd2bae9d48e4b
+
+Holy shit I figured a loss of maybe like 10 or 20 percent was reasonably likely and I'd keep selling calls and it would work, did not think a 50% share value drop in a week was in the cards
+
+Still holding tho
+
+Update: this cratered a lot more after I posted and I barely avoided a margin call by adding funds to my account and getting lucky on the closing price. It turned out there was a lot of analyst activity today around the streaming market generally, but nothing that to me remotely justifies this level of catastrophic meltdown, and in particular I can’t understand at all why discovery and Viacom moved in tandem despite some analysts particularly favoring discovery+ and disliking paramount+, and only one of them announcing a share issuance. So, apparently, what I thought was a hobby I was good at is actually just a gambling addiction and I took on crazily moronic risk. Either that or I am actually just completely holy fucking shit levels of unlucky. Or both.
+
+I still think I’m right about the company and now that my acc is restricted RH has enabled diamond hands mode!! No selling any time soon for me unless they liquidate my ass
+Hello all, I was wondering how many people would want to share how long they have been successfully selling options for income. 
+
+I gave myself one year to tinker and learn, but my current hypothesis to test is if it is possible to make between 1% to 2% per month.
+
+At the same time, I am getting exposed to the fact that “black swans” events can suddenly zero your profits, so I was wondering if there are people that actually are managing these levels of returns and for how long!
+
+Have a great day!
+
+PS: currently I am not interested very much in any specific strategy (even if I am now considering covered strangles on indices or non-meme stocks) or the absolute value of the returns, as it depends on person to person (but I would look at around 3k USD per month)
+
+[View Poll](https://www.reddit.com/poll/rqd6fj)
+What’s up guys, I recently added a feature to my site (free tool), that visually displays an option chains daily volume and OI. Thought you all might find it useful to display strike prices that provide most liquidity and perhaps get a better price on the bid/ask.
+
+[check out the volume/OI for AMD. ](https://www.swaggystocks.com/dashboard/stocklabs/option-flow/AMD)
+I asked this question in /FIRE a while ago and was hoping for a different perspective. 
+
+36 years old and married; I’ve been saving before I even knew what FIRE is. We have approximately $950,000 in Fidelity between regular mutual funds. SEP IRA, and ROTH IRA. We also have a couple years living expenses in cash. We still owe approximately $80k on our house which has a market value just north of $200k. 
+
+I’m a business owner who is depressed and miserable. My wife now works with me and she is equally as emotionally destroyed. Yes, I’ve saved, but I’ve lost my sanity and probably years off of my life in doing so. 
+
+Our business has been closed since the mandated shutdown began and we’re collecting unemployment. You know what? We’ve never been happier! I can’t bear the thought of going back to my personal hell when this is over. 
+
+I have two thoughts:
+
+1. Go back to hell and keep trying to earn as much as possible with the goal of retiring in my 40’s. 
+
+2. I think we’ve saved enough that even if we don’t contribute anymore, we could still potentially retire in 15 years. I’m considering cutting my business, to less than half, and working a part time schedule that covers living expenses. My wife could get a part time job elsewhere and bring in an extra amount that we could still put to savings. We could still potentially retire early; albeit, not as early, but we could keep our sanity. 
+
+Has anyone been in a similar situation and instead of trading peace of life for chasing more income they actually stepped back and were content to be OK as is?
+
+
+
+Of note: my business is service oriented and I cannot automate it, even by hiring others.
+https://www.cnbc.com/2019/04/24/elon-musk-tesla-will-launch-an-insurance-product-in-about-a-month.html
+
+When asked during a Wednesday earnings call if Tesla is considering an insurance program, Musk said the company is working on one.
+
+He also hinted that the carmaker will use driver data to help set rates.
+I made this observation today when I looked up the article. They basically said that Citadel was the #1 Hedge fund betting against GME. They brought up Robinhood and how it was thrown out in court that they colluded with citadel. They also had the tweet from Citadel about the apes being frustrated that he and Vlad had never met. forget the exact wording because I hate that piece of shit (after sleeping on it, I'm better than that. Merry Christmas Kenneth). Thought the change was funny, and obviously someone got yelled at. It was #1, why not bump it to #2 or #3... They changed it to
+
+## #3: Hound Partners LLC
+
+This New York-based hedge fund currently manages around $3.2 billion in assets for 13 clients. [The fund has 209,100 put options on GME shares](https://whalewisdom.com/filer/hound-partners-llc#tabholdings_tab_link), which accounts for nearly 2% of the Hound Partners portfolio.
+
+Since entering its GME position in the first quarter of 2021 -- right after the stock's huge rally -- the fund has liquidated 28,800 put options from its original position (237,900 put options). The hedge fund’s biggest positions are currently Vanguard S&P 500 ETF VOO and Microsoft MSFT, which account for 15% and 7% of the portfolio, respectively.
+
+## #2. Twin Tree Management LP
+
+This fund from Dallas, Texas has $3.8 billion of assets under management and started to bet against GameStop stock as recently as Q3 of the current year. [The fund has 253,700 put options](https://whalewisdom.com/filer/twin-tree-management-lp#tabsummary_tab_link) on GME, at a market value of $44.5 million. This figure represents a small portion of less than 1% of Twin Tree’s assets.
+
+Interesting to note, nearly 20% of the portfolio's AUM are placed on a bet against the SPDR S&P 500 ETF Trust  ([**SPY**](https://www.thestreet.com/quote/spy)) - [Get SPDR S&P 500 ETF Trust Report](https://secure2.thestreet.com/cap/prm.do?OID=033365&ticker=SPY) via put options — although the fund also has 7% allocated to SPY calls.
+
+## #1. Prelude Capital Management LLC
+
+Based in New York, Prelude Capital currently has nine clients and $8.1 billion in assets under management. The hedge fund has a short-selling bias, and the top three positions in its portfolio are Chesapeake Energy CHK puts (10%), SPDR S&P 500 ETF Trust SPY puts (9%), and Tesla TSLA puts (6%).
+
+[Prelude Capital has 2% of its portfolio in GameStop puts](https://whalewisdom.com/filer/springbok-capital-management-llc). This accounts for 469,700 put options at a market value north of $82 million. The company has liquidated 308,200 GME put options since it first opened the position in the second quarter of 2019.
+**I am trying to get a place closer to work; everything is barely affordable. Is it weird to ask my employer to cover a portion of housing near the office; or should I just cut my losses and move somewhere more affordable?**
+I have changed my opinon on this post and have made a [new post](https://www.reddit.com/r/stocks/comments/ruaoux/student_loans_will_not_cause_the_next_crash/)
+
+TL;DR: Student loans are getting out of control and the average American is struggling to pay back. Once Biden's student loan pause stops the debt market might spiral out of control.
+
+Okay ill make my thesis pretty clear from the start:Americans aren't able to pay their student loans back.
+
+A pretty simple thesis right? In my opinion, yes, it's a lot simpler than mortgages.
+
+The subprime mortgage crash of 2008 was caused by, in short terms, people not being able to afford paying their mortgages after their teaser rates expired.Theres a myriad of other ways to explain it and  thats just what I think. People were getting loans they obviously couldn't pay.They ignored the rates in the long term because they were being blinded with the misconceptions that they could always refinance their terms. This was obviously wrong, but the issuers didn't give a shit, because it made them rich. So they kept on dishing out loans to people even with shitty credit scores.
+
+This time however Americas debt problems have taken a different turn. The student loan market is very different from the mortgage market. Obviously the market is smaller, but student loans are still the second largest consumer debt with a market of 1.6 trillion USD. The crazy thing is that the average debt incurred by students to fund their seminary education is $33,000. While the student loans cause less debt than mortgages they also often have worse terms. Issuers tend to focus on the principal amount owed while ignoring the interest that accumulates. This can really mess some people up when  in their later years of college they realise that they might need to take an extra semester to pass. Student debt can also set a stopper on getting a mortgage. If you spend say 10 or 15% on your student debt, getting a mortgage where you pay say 35% can be impossible. Student debt is also harder to refinance as fewer private issuers include refinancing in their terms, and with federal loans it forfeits key consumer protections.If you go bankrupt you cant discharge your loan without proving that your issuer is causing you "undue hardship". In mortgages all of these things are much easier to do and the debt market is obviously much more regulated.
+
+So far I have only talked about how student loans are rigged against the average American. However one of the most pressing issues are the unjust rising costs of college. Ill let this chart speak for itself: [https://i.huffpost.com/gen/1192706/images/o-COLLEGE-COSTS-facebook.jpg](https://i.huffpost.com/gen/1192706/images/o-COLLEGE-COSTS-facebook.jpg)
+
+Biden recently extended the Student debt forgiveness act. This is obviously bearish. This can be compared to the teaser rates running out and people not being able to afford their payments. As people haven't had to pay student loans in a while now, it is fair to say the part of their income that went to student debt has gone to other things. Maybe restaurants, maybe a new car with more debt etc... This basically means that people are going to be struggling to find money to repay their loans with.
+
+So, how can we profit off of this? I would say credit default swaps. However i dont really know the credit derivatives market well and maybe someone in the comments has a better idea?
+
+I dont really know how this is going to play out on the markets. But its going to be interesting.
+
+TL;DR at the top.
+Everyone says have debt and equity in portfolio, and to increase debt's proportion as you grow older.
+
+If X in early 20s and earning well, and willing to invest purely to have a long term corpus, why should X invest in debt at all? Over the long term, an index fund will always beat a debt instrument. So going all out in equity will give X the best returns. Yes, risk is a factor, but X has a good job (and 6 month expenses in liquid). They aren't relying on their portfolio for living. Even if for 5 years the portfolio is in negative it has no effect in day-to-day life. Only goal is that on retiring the corpus should be maximised. 
+
+What is the reasoning behind adding debt for long term?
+The Securities and Exchange Board of India warned mutual funds for charging under various heads and defeating the very purpose of direct plans.
+
+“We have observed during our inspections of mutual funds that the difference in the TER (total expense ratio) between direct and regular plans is not exactly to the extent of distribution expenses and commission paid,” SEBI Chairman Ajay Tyagi said at the Association of Mutual Funds in India’s Members Summit in Mumbai—the market regulator uploaded the speech on its website. Such practices, he said, are not desirable and defeat the very purpose of direct plans.
+
+To prevent misuse by fund houses which charge additional expenses under other heads, the regulator recently specified that all fees and expenses in a direct plan in percentage terms under various heads including the investment and advisory fee shall not exceed the fees charged under such heads in a regular plan.
+
+“The numbers I am seeing with respect to direct plans are not very encouraging,” Tyagi said.
+
+The regulator also expressed disappointment over the awareness about exchange-traded funds. “Not much progress has been made in encouraging investments in ETFs,” he said, adding that use of technology can play a important role in raising awareness about both direct plans by mutual funds and ETFs.
+
+[*BloombergQuint*](https://www.bloombergquint.com/mutual-funds/sebi-chief-warns-against-additional-charges-in-direct-plans)
+Hello all - thank you all for the wonderful help on my last post about security and safety: [https://www.reddit.com/r/fatFIRE/comments/va1ay9/help\_how\_do\_you\_stay\_safe\_i\_have\_a\_public/ic05f5m/](https://www.reddit.com/r/fatFIRE/comments/va1ay9/help_how_do_you_stay_safe_i_have_a_public/ic05f5m/)
+
+I not only got wonderful advice, but made a few like-minded friends there. I really appreciate the community and am glad one of my peers recommended it.
+
+**Is anyone here also obsessed with self optimization, health optimization, longevity, etc.?**
+
+**If so, what are your hacks, investments that drive the most ROI? Assume budget for this is $250,000+ per year, though it can stretch up.**
+
+**The wilder, wackier, and less known, the better.** 
+
+Here are mine:
+
+1. Concierge doctor & medical practice, on demand
+2. Annual full body diagnostics and scans (Clarification: MRI, NOT CT)
+3. Misc treatments like cryotherapy, cosmetic surgery (Clarification: I understand some people find this controversial, but this is part of my regimen), and a high end personal trainer
+
+I am familiar with Dr. Peter Attia, Dr, Patrick, etc.
+I know it's been done with apps and games, but how about other service-based or standalone software companies?
+
+​
+
+If you started that way and ended up hiring employees, at what point did you hire people?
+
+​
+
+I'd love to hear your story.
+Dream Impact Trust ([MPCT-UN.TO](http://mpct-un.to/)) is a recently transitioned REIT formerly known as "Dream Hard Asset Alternatives Trust", and changed its name in October 2020. The focus on Dream Impact is to develop and redevelop properties to be 100% impact related investments by 2024. A first in Canadian history. When first looking at the financials, you miss what is really happening at Dream Impact at this early stage, which I intend to help jumpstart the due diligence to show the opportunity before us today as recurring income finally comes online in a big way.
+
+\-------------
+
+**Net Asset Value**
+
+Dream revises their NAV at the end of each Calendar year. December 31st 2020, the NAV was calculated at $8.99/unit. Due to the strong development nature of Dream Impact Trust, and projects not yet completed, this is the best true valuation of Dream Impact at the end of 2020, which will still give room for NAV growth when developments are completed and stabilized.
+
+​
+
+Dream Impact anticipates 2025 NAV to total approximately 900M, VS the 580M today as projects come online. That would put NAV per unit (assuming the same unit count) at about $13.70 per unit in 2025. This includes distributions, vs today's unit price of $6.40.TD Oct 21st 2021 updated REIT report shows them estimating NAV at $9.40 today. This is possible, as Dream Impact only updates their estimated NAV on December 31st.
+
+[https://www.tdsresearch.com/equities/openEmailedReportPdf.action?emailKey=9688dcfd-b34e-4ce4-94fa-22e05661e194](https://www.tdsresearch.com/equities/openEmailedReportPdf.action?emailKey=9688dcfd-b34e-4ce4-94fa-22e05661e194)
+
+\-------------
+
+**Income Stream & Asset Composition Change**
+
+I have previously glanced at MPCT a few times while doing my research through 2020 and early 2021. It was not appealing to me due to the low current income, and 12+ months wait until developments become completed. I figured unit price may stay low until these assets start coming online, and there may be an opportunity ahead. Here it is. As we pass through Q3 2021, Dream Impact has multiple projects coming online in Q3 and beyond that will provide a strong income stream, and create catalysts for further upside in the unit price.
+
+As of Q2, MPCT holds a \~1.1M Square Feet income portfolio, mainly consisting of commercial space. This is rapidly changing through the below developments, as well as a recently acquired 841 unit apartment complex in early October, a 71 unit apartment complex in Toronto, and under contract to purchase a 228 unit complex in Toronto. All high quality buildings which MPCT sees rent growth, and ability to add value to the buildings and continue the IMPACT theme through improvements. By 2024, Dream plans on holding only 100% IMPACT assets, and we are seeing a strong focus on Residential.
+
+\-------------
+
+**Developments**
+
+The magnitude of the master planned communities Dream Impact is creating is where you begin to realize the true potential of the trust.  Dream Impact is still a small REIT, with a low market cap, but unlike other small REITs, they have a stake in some of the best master planned communities under development in Canada, focused in Toronto and Ottawa . The beauty of this is that the remaining ownership is held by larger partners, Dream Unlimited, Kilmer, Tricon, and others. This gives essentially guaranteed project completions with limited risk through great experience partners. These projects Dream Impact would not be able to do on their own at their current size. For a full detail of land holdings and projects in the pipeline, I highly suggest reading their most recent Q2 financials, and investor presentation, then research the development projects and their locations online.
+
+​
+
+Each major project is large enough to give an overview. 70% of all development holdings are already zoned, with only 30% still in the rezoning process. This further reduces risk, as rezoning can be risky, expensive, and difficult.  Here are some, but nowhere near all, of the projects. Note the large residential focus going forward.
+
+\-------------
+
+**West Don Lands:**
+
+West Don Lands consists of multiple blocks. Dream Impact has interest in block 3,4,7,8,10, and 20 for a total of over 2,000 residential units, and \~325,000 SF in Commercial space. Two blocks are well in construction as listed below.More can be read about the West Don Lands Neighborhood here:
+
+[https://www.waterfrontoronto.ca/nbe/portal/waterfront/Home/waterfronthome/precincts/west-don-lands](https://www.waterfrontoronto.ca/nbe/portal/waterfront/Home/waterfronthome/precincts/west-don-lands)
+
+​
+
+**West Don Lands, Block 8**
+
+Ownership of 25%. 623,000 SF of Residential, 4,000 SF of Commercial. **Occupancy Begins in 2023.** 770 Residential Rental Units
+
+This development is being built to be held as an income property
+
+[https://urbantoronto.ca/news/2021/09/brick-cladding-has-begun-block-8-west-don-lands](https://urbantoronto.ca/news/2021/09/brick-cladding-has-begun-block-8-west-don-lands)
+
+​
+
+​
+
+**West Don Lands, Block 10 - Canary Indigenous Hub**
+
+Ownership of 25%319,000 SF of Residential, 26,000 SF of Commercial. **Occupancy Begins in 2024.** 206 Condos, plus 238 rental units. The condos are being built to sell, while the rentals are being held for income. Downtown Toronto, in the Canary District, in the heart of the city.
+
+[https://urbantoronto.ca/news/2021/06/first-purpose-built-indigenous-hub-breaks-ground-west-don-lands](https://urbantoronto.ca/news/2021/06/first-purpose-built-indigenous-hub-breaks-ground-west-don-lands)
+
+​
+
+\-------------
+
+​
+
+**Zibi**
+
+Zibi is a 34 acre master planned waterfront community on Ottawa River. This will be the first one planet community in Canada. Consisting of both commercial and residential, and this is a development focused on NET-ZERO Carbon footprint. Any major corporation which is looking to reduce their carbon footprint will want to occupy Zibi's properties. This will reduce business' carbon footprint, which is a goal for many large corporations, and those corporation's options are limited when it comes to net zero carbon buildings.
+
+[https://canada.constructconnect.com/dcn/news/projects/2021/10/zibis-aalto-rental-building-to-open-in-december](https://canada.constructconnect.com/dcn/news/projects/2021/10/zibis-aalto-rental-building-to-open-in-december)
+
+[https://zibi.ca/](https://zibi.ca/)[https://obj.ca/article/real-estate/zibi-will-be-place-end-2021-lead-developer-says](https://obj.ca/article/real-estate/zibi-will-be-place-end-2021-lead-developer-says)[https://renx.ca/dream-acquire-100-huge-ottawa-zibi-development/](https://renx.ca/dream-acquire-100-huge-ottawa-zibi-development/)
+
+Ownership 50%1,750,000 SF of Residential, 2,202,000 SF of Commercial\*\*Occupancy begins this year as noted below.\*\*Estimated at 1,900 Residential Units
+
+Block 211 is 186,000 SF of Commercial, and is 86% leased, and **occupancy begins in Q4 2021.**
+
+Block 10 is 135,000 SF of Residential, and 1,000 SF of Commercial, and **occupancy begins in December 2021**
+
+Block 208 is 33,000 SF of Commercial, and is 79.8% leased, and **occupancy begins in 2022.**
+
+Block 206 is 196,000 SF of Residential, and 11,000 SF of Commercial, and occupancy begins in **2023**
+
+Block 207 is 76,000 SF of Commercial, and occupancy begins in **2023**
+
+Block 11 is 127,000 SF of Residential, and 4,000 SF of Commercial, and occupancy begins in **2023**
+
+Much more to come after this, which will continue the development pipeline for many years to come.
+
+​
+
+\-------------
+
+​
+
+**Brightwater**
+
+This is a 72 acre master planned community waterfront development in Mississauga. This development was an IMPACT development, which cleaned up 1.4M tones of soil as the area previously was an oil refinery. The clean up process is complete, and building has commenced.
+
+​
+
+[https://experiencebrightwater.ca/](https://experiencebrightwater.ca/)
+
+Ownership 23.3%. 3,113,000 SF of Residential, 360,000 SF of Commercial. Occupancy begins in 2023, and will be a long build out process extended into 2032-ish. The first two condo buildings are essentially being sold out as fast as they are being offered. This is a very impressive master planned community.
+
+​
+
+\-------------
+
+**Other Notable Developments**
+
+​
+
+**Ivy Condos Downtown Toronto**
+
+**75% Ownership.** Under Construction. Build to Sell 256 Units. Complete in 2024
+
+[https://www.buzzbuzzhome.com/ca/ivy-condos](https://www.buzzbuzzhome.com/ca/ivy-condos) \- SOLD OUT.
+
+[https://urbantoronto.ca/database/projects/ivy-condos](https://urbantoronto.ca/database/projects/ivy-condos)
+
+​
+
+**Scarborough** **Junction** **Master Planned Community**
+
+45% Ownership. Under Development Planning. 6619 Residential Units, 165,000 SF Commercial
+
+[https://urbantoronto.ca/news/2021/06/scarborough-junction-master-plan-wins-support-design-review-panel](https://urbantoronto.ca/news/2021/06/scarborough-junction-master-plan-wins-support-design-review-panel)
+
+​
+
+**Frank Gehry**
+
+25% Ownership. Planning Stage. High End Condo Development. Built to Sell 1500 Residential Units, and 260,000 SQ Feet Commercial
+
+[https://dailyhive.com/toronto/frank-gehry-king-street-toronto-skyscrapers](https://dailyhive.com/toronto/frank-gehry-king-street-toronto-skyscrapers)
+
+​
+
+**49 Ontario St**
+
+100% Ownership. Planning Stage.
+
+[https://urbantoronto.ca/news/2019/11/two-tower-mixed-use-complex-proposed-49-ontario-street](https://urbantoronto.ca/news/2019/11/two-tower-mixed-use-complex-proposed-49-ontario-street)
+
+​
+
+**100	Steeles Avenue West**
+
+37.5% Ownership. Under redevelopment Planning
+
+​
+
+**The Virgin Hotel Las Vegas**
+
+This was a development prior to the change to being an impact trust, and is being planned to be sold in the next 24ish months. This is one of the last pieces to be sold for Dream to be 100% an IMPACT trust. Dream Impact has a 10% ownership in this development, and will be selling their interest. They have a nearly 53M investment into this hotel, which opened in June 2021.
+
+[https://www.reviewjournal.com/business/casinos-gaming/virgin-hotels-las-vegas-opens-marking-a-return-to-paradise-2314825/](https://www.reviewjournal.com/business/casinos-gaming/virgin-hotels-las-vegas-opens-marking-a-return-to-paradise-2314825/)
+
+\-------------
+
+**Distributions**
+
+Now we know where and when rental and development income is going to start to really come in, we can talk about distributions.
+
+Management has reassured investors the distributions are safe. Dream Impact has a strong liquidity position, a deal with Dream (Parent Company) to take units instead of cash fees (at full 8.99 NAV), a bunch of new income streams coming online in Q3, Q4, and beyond, as well as strategic asset sales and build to sell developments which will all generate cash flow.
+
+Additionally, as Dream Impact is heavy in development mode, the distributions are 100% ROC, resulting in tax favorable ROC distributions. Great for those wanting to hold a REIT in a non registered account.
+
+Current yield is around 6.3%.
+
+\-------------
+
+**Buybacks:**
+
+Buybacks are underway, and management has noted that buybacks in the current price range are a compelling opportunity. The cost of buybacks are low compared to liquidity, and offer a guaranteed NAV increase. I do fully expect Dream Impact to continue their buybacks at these suppressed prices.
+
+\-------------
+
+**Why ESG Even Matters**
+
+​
+
+Governments, households, and corporations want to represent a sustainable future. Public services and large corporations want to occupy buildings that work toward their zero emissions goals. Dream Impact is focused on this, and is building out offices and residential that will be in high demand by organizations wanting to meet their zero emissions goals.
+
+[https://www.marketwatch.com/story/mentions-of-esg-and-sustainability-are-being-made-on-thousands-of-corporate-earnings-calls-11626712848](https://www.marketwatch.com/story/mentions-of-esg-and-sustainability-are-being-made-on-thousands-of-corporate-earnings-calls-11626712848)[https://renx.ca/greening-of-federal-govt-cre-portfolio-offers-opportunity/](https://renx.ca/greening-of-federal-govt-cre-portfolio-offers-opportunity/)
+
+​
+
+Dream Impact just received its first Five Star GRESB score. Loans are coming in at substantially lower interest rates, making investments in IMPACT projects surprisingly profitable.
+
+​
+
+From their Q3 2020 Transcript:
+
+"Subsequent to the quarter, the Trust received credit approval to close on a 10-year loan, which would otherwise not be available for market rental projects. Although the interest rate on the loan is not obtained until their first draft, based on today's rates, the facility will cost us less than 1%. "
+
+\-------------
+
+**Notable Risk:**
+
+This is a low volume REIT with a small float. Average Daily Volume is \~50,000 units, and public float of around 47M. Investors taking a large position with a low liquidity REIT may find it hard to liquidate.
+
+\-------------
+
+**In Conclusion:**
+
+Dream Impact, near term, is about to materially increase their recurring income through a few recent sizable acquisitions and developments coming online. The development pipeline is robust, of quality and in prime locations, that will sustain projects for over a decade. The high quality assets and development pipeline sets up Dream for long term success, without redevelopment zoning risk (due to most zoning being done), or the need to spend money to acquire more land. Dream Impact has the backing of Dream Unlimited and their partners, and their assets are located in prime Toronto/Ottawa areas. This is a quality REIT, with a fast growing highly desired Residential component, competent management, a strong cash liquidity position, low debt to assets, focused on Green & Impact properties (feel good owning it), and currently, has a 40% unit price upside to current NAV and a 6.3%+ current yield.
+
+\-------------
+
+**Price Targets:**
+
+4 Analysts have begun rating Dream Impact. The current rating is "buy", with an average $8.29 target.
+
+TD gives Dream Impact an **$8 target and buy rating, and $9.40 NAV estimate**
+
+**I rate Dream Impact a buy, with an $8.00 target**. This is about 31% upside when factoring in distributions over 12 months. As time goes past, NAV will rise and unit price should follow. Dream Impact is one of the only REITs I can see the possibility of trading above NAV (About $8.99-$9.50) that is currently trading at a substantial discount. This is due to the IMPACT theme, increasing residential focus, the quality of the projects and most importantly, their prime Toronto/Ottawa locations.
+
+\-------------
+
+**Disclosure:**
+
+I have recently opened a starter position in Dream Impact, and will add to my position on any weakness. Always do your own Due Diligence. This is not investment advice.
+
+\-------------
+
+**Sources:**
+
+Dream Impact and Dream Unlimited Press Releases and Financial Reports, Earnings Transcripts, and articles linked above/below.
+
+\-------------
+
+**Useful Links:**
+
+[https://dream.ca/wp-content/uploads/2021/08/MPCT-Investor-Presentation-8.16.2021-FINAL.pd](https://dream.ca/wp-content/uploads/2021/08/MPCT-Investor-Presentation-8.16.2021-FINAL.pdf)[f](https://dream.ca/wp-content/uploads/2021/08/MPCT-Investor-Presentation-8.16.2021-FINAL.pdf)
+
+[https://dream.ca/wp-content/uploads/2021/08/Dream-Impact-Trust-Q2-2021-Combined-Report.pdf](https://dream.ca/wp-content/uploads/2021/08/Dream-Impact-Trust-Q2-2021-Combined-Report.pdf)
+
+[https://ca.sports.yahoo.com/news/edited-transcript-mpct-u-earnings-160000131.html](https://ca.sports.yahoo.com/news/edited-transcript-mpct-u-earnings-160000131.html)
+
+[https://ca.style.yahoo.com/edited-transcript-mpct-u-earnings-153000396.html](https://ca.style.yahoo.com/edited-transcript-mpct-u-earnings-153000396.html)
+ The government proposed a few plans few days ago to cool off housing, the two most important ones were:  
+\- Ban on foreign owners. Would it actually have an effect since there is huge loophole around it and people just to do it through corporation.
+
+\- Tax-Free First Home Savings Account (FHSA). This can potentially increase demand while the supply is tight and even cause further hike prices in affordable areas.
+Just finished watching the Documentary.
+
+Gonna speculate something that just crossed my mind. Pardon the formatting and grammar as I just want to get this out before I forget.
+
+In the movie, Carl is no doubt the GOAT when it comes to being an activist investor but with his age and lack of understanding in tech, it looks realllllly plausible that the one moving behind the scenes with RC is actually Brett Icahn.
+
+\-----------------------------------------------
+
+**Observation 1  - Netflix**  
+In the movie, Carl shocked the finance world when he invested in Netflix early on and everyone is asking, why is he in Tech? This shows that Carl is known for his aggressive tactics but more towards companies which are not so fast paced. Where the VPs and CEOs are known to collect paychecks and play golf instead of giving shareholders value or grow the company. He takes his time doing the research before he makes a move.
+
+*"It was Brett who called Carl's attention to Netflix"*
+
+It was also mentioned that Brett convinced Carl on that trade to purchase 2.2 million shares that makes him one of the largest shareholder in Netflix and it turned out to be one of their most lucrative investment ever. They made a total of USD2 billion when it was said and done.
+
+\-----------------------------------------------
+
+**Observation 2 - Apple**  
+Then Brett convinces his dad to go for Apple. 
+
+*"Brett noticed that Apple had immense amounts of cash sitting on its books, and the stock price wasn't reflecting that"*
+
+**Brett :** *"When we pitched by father Apple, it was just so easy for him to see this cash problem. For a guy like that, to show him just those basic fundamentals about a company, he just started salivating right away".*
+
+That made the firm 3 billion after they invited Tim Cook over for dinner and persuaded him to do a share buyback for Apple instead of having cash sitting around.
+
+\-----------------------------------------------
+
+**Observation 3 - From Carl Icahn himself**  
+It was mentioned by Carl himself that Brett is a more low key character compared to him, but relentless and as much hardworking as he is.
+
+**Carl Icahn :** *"I'll say this about Brett, he's much more low-key than I am. But he's one of the most obsessive characters, and he'll work very hard at something, extremely hard, especially if it means beating me at something."* \- 1:22:57
+
+\-----------------------------------------------
+
+**Observation 4 - Brett Icahn**
+
+**Brett Icahn :** *"I started working for my father as an analyst back in 2002"* \- 1:22:33
+
+This shows that he's not some new kid on the block that just waltz in and start running things on Carl's behalf. He needs to prove himself, especially if his dad is the larger-than-life and finance legend.
+
+**Brett Icahn :** *"I'm really happy to make my father that much money. But I think I was worthy of the Icahn name before that."* \- 1:30:06
+
+This shows that he's confident in his own skills and he knows what he's doing before his efforts are being recognized by his father.
+
+Tinfoil:
+
+* Maybe the photographer taking the photo was Brett and he was having a meeting with RC and Carl somehow joins them, RC respects the man alot so he wants a photo to commemorate the moment and Brett doesn't want to reveal himself yet?
+* Maybe the apple doesn't fall far from the tree is referring to Brett?
+
+TLDR Could be Brett Icahn making moves, not Carl.
+
+Carl is there to guide and to provide blessings and buffs but making a move with RC is Brett.
+
+EDIT : Holy shit this blew up. Have more time to adjust for better formatting now after a good night sleep.
+
+​
+This is a WORLDWIDE phenomenon.
+
+There are the Ameri-apes, the Europoor, the Nords, the South American contingent, the Ant Army, and on and on- we have seen posts and comments from every state in the USA, and every corner on the Globe;
+
+We apes are often and much separated by geography, nationality, lifestyle, income, and much, much more.
+
+Our distance and differences are wholly irrelevant.
+
+As individuals, with our own thoughts and independent actions, we have all independently decided we like the stock.
+
+A situation and circumstance not even remotely-comparable to institutions nor hedge funds nor any other manner of structured investment scenario.
+
+As individuals, geography allowing, many of us *individuals* have chosen to ‘vote with our dollars*, to do commerce with a known, established, commercial entity that is a leader in it’s market, has a rapidly growing back-end infrastructure, a growing top-notch leadership team, seemingly ever-expanding product-line and inventory, and becoming *renowned* for it’s customer-service, customer-support, and customer-communication.
+
+We gather in a virtual digital place to commune about something we are all passionate about, no different than model-train enthusiasts, lovers of art, people who enjoy wine.
+
+At the core of all of this, there is just simple math. ‘Supply vs. Demand’, the embodiment and actual practice of the Capitalist ethos.
+
+The situation is *really* that simple.
+
+As individuals, we are limited and bound by the rules, laws, and protocols of the small investor.
+
+We cannot trade in dark pools, nor use the Fed’s repo process to borrow billions of dollars at record rates.
+
+There are obvious problems in the market, mostly based purely in failures of enforcement of regulation.
+
+The entire apparatus is a House of Cards; Peter has been robbed to pay off Paul, to borrow from Steve, to loan liquidity to Tom, to grant margin to Jerry, so Jerry can package up some 2021 Credit Default Swaps, so Jimmy can short a company, so Peter can manipulate crypto...
+
+And on and on and on...
+
+It’s a giant circlejerk of financial instruments that the entire prosperity of the World Economy rests upon.
+
+Rules have been abused. The system has been tainted.
+
+”The Centre Does Not Hold”
+
+None of that matters. The math and science of the situation lead to only one possible action: BUY and HODL.
+
+To paraphrase some lines from Firefly:
+
+“We buy. We hold. That makes us righteous, and we are so very pretty.”
+
+💎🤲🏽
+ Alrighty, listen up you crayon eating galahs. 
+
+I've decided that I'm the shit and I'm gonna make my bags by jumping on the 1k to 1 Milly Challenge. 
+
+For you tendie-sniffing koalas who don't have a kookaburra's snag what I'm talking about - check out my favourite member of this group's Journey u/jakekustardmustard 
+
+[https://www.reddit.com/r/ASX\_Bets/comments/ls3t7h/journey\_to\_1m\_1320\_fucked\_up\_and\_skipped\_a\_level/](https://www.reddit.com/r/ASX_Bets/comments/ls3t7h/journey_to_1m_1320_fucked_up_and_skipped_a_level/)  
+
+
+Since ol' Jakey decided to map his journey 6ish weeks ago - *before the dark times, before the red ocean took our brothers and sisters and cast them to baghodler town* \- I decided to brush up on my DD skills and started harvesting Tickers like a crack-addled magpie. I smacked out a solid stoner's dozen before I settled on LPD.  
+
+I'll document it all. Wins, losses and breakevens.
+
+See ya next trade 
+
+​
+
+https://preview.redd.it/hzafamg0cxk61.png?width=1546&format=png&auto=webp&s=816aaf255b2e8ce90d7338c801a44e85326bc43d
+​
+
+This post is not going to have any speccy mining/medical companies so hop skip and jump back to the daily if you’re looking for some. Also, I am not promoting any of these companies as a buy/sell or anything, this is just 10 companies which look interesting to me. I historically have posted and done earnings plays on the sub but most likely won’t this year as I don’t have as much time for the research, and I think there will be more misses than beats. NONE of these companies are buy/sells and I don’t hold any of these nor will be buying any of these, so don’t be dumb and take any of this as advice. Just buy DLC and move on. Also, last but not least, no TLDR as usual
+
+1.	APX
+
+The subs favourite tech stock for a while which crash and burned from its highs of $40 a share all the way down to around $10 a share. I love the business model and the idea of the company but hate management. I have never really been interested in them either due to the high premium or due to when management decided it would be best to act ignorant over what was going on in their own company. However, I do think they are one to keep an eye on come earnings to see how they are rebounding and if management have somehow pulled their fists out their asses and started to do their job properly again. APX are in the same sort of boat as A2M in the sense if there is a turnaround coming, I would expect it to start this year, but I have more hope in A2M as their management at least realized when going all in on one idea failed and they had to change. 
+
+ 
+
+https://preview.redd.it/vgnbpkqoa8f81.png?width=940&format=png&auto=webp&s=a29973bdc1c5ca0d25652cfe9e37162530af9635
+
+2.	MP1
+
+Megaport is also in the tech space and has some major contracts with Amazon and Microsoft and is in the cloud space. I don’t understand the company that great, but if you understand companies involved with the cloud and technology then MP1 is worth a peek. They have run all the way up to $20 and since come back down to $13/$14 which is either a big drop and not justified or it shows the run up isn’t worth it. If you want to take less risk you could certainly take a look at them after results if you want a tech company, but once again not one I understand that great nor one I have looked at much. I compared them with NXT last year and chose NXT, which is another one you can look at if you like who do data centers and have talked about their competition with MP1 briefly. 
+
+ 
+
+https://preview.redd.it/wiu5wvyna8f81.png?width=979&format=png&auto=webp&s=0dff000971b71ce8271deb66e43591e328498b42
+
+3.	MND
+
+Monadelphous is one which I was very bullish on when the mining boom started and I couldn’t see how they would do bad, I sold out at $11.60 which appears to be correct in hindsight. I say that because I haven’t looked at them since but have kept them on a watchlist incase something happens and there’s another chance. I wouldn’t risk them for earnings, but I do think there’s more upside than downside and its likely to sneak under the radar more than say FMG, RIO or BHP. They have contracts with RIO and BHP but had a legal issue with RIO last year which for someone who relies on these contracts is bad news even though it got resolved fairly well. If mining companies have done well and MND have managed not to fuck anything up and just rode the wave then I expect them to do decent, not one I will be jumping in on, but one ill keeps an eye on for after earnings season! 
+
+ 
+
+https://preview.redd.it/mvfs1g2na8f81.png?width=1021&format=png&auto=webp&s=a854ace2abf87e621046629d94bbc7a0e4993ca8
+
+4.	REA
+
+REA is expected to smash results and do amazing, which really is no surprise. Good old Realestate.com.au is the dominant website/app and their numbers from their last results back that up, now whether that justifies the premium they’re trading at or its sustainable is one I have serious doubts over, but whether there’s enough steam left for one more puff is also a good question. In my eyes they’ve very much like SEK (Seek) in the sense they have done great because of conditions outside of their control and I don’t think they can keep it up long term or even for the next 2-3 years no matter how much they try. But also, like SEK, knowing when the stock has run its course is the key and if you think housing has more steam or REA will have continued their momentum over the past 6 months then I think they’re worth having a look at just to chuck on a watchlist.
+
+ 
+
+https://preview.redd.it/3ecr46gla8f81.png?width=966&format=png&auto=webp&s=7f27ef1e49e04bdf584162b57780992c30d21efa
+
+5.	PME
+
+My favourite stock on the market and the one I made my first ever stock video about. I talked about how great they were at $40 and then they ran up to $60 and now they’re back to $46. Not that any of that means much with no context, but the graph speaks for itself really. They’re a healthcare tech company which essentially have a monopoly on the tech and its miles ahead of any competitor, the earnings are great, management are great and so on…so what’s the catch? They trade at a disgusting premium, one that I can’t justify especially at anything above $40 pre results. The issue is with COVID in 2020 they had less patients use radiology clinics/hospitals and so on which meant less revenue for them which means less earnings, I think they will have had the same issue in 2021, just to a smaller extent. The market is clearly expecting a strong rebound though, if you want a DD or analysis, I have a post and a vid so check it out. But once again I won’t be buying before earnings as the premium and risk is just not worth it for me.
+
+ 
+
+https://preview.redd.it/nyhr03nka8f81.png?width=940&format=png&auto=webp&s=ba86dbc308a046359b914f5f7f484449522ffdd9
+
+6.	SSG
+
+Shaver Shop is one you probably didn’t expect to see on this list or maybe even know about. They’re only worth \~$150mill which for me is as small as it gets. The reason I have been watching them and think their results will be interesting is they have exploded in popularity over the last couple years, for what reason I don’t know, but clearly more and more people are becoming repeat customers. This is the sort of company which to me is the easiest to value, it’s a simple business, with a simple model and you can easily understand their competitors and try to predict what will happen to them over the next 5-10 years. Once again not one I am bullish or bearish on really, just one I think will be interesting to see how their results go and to see how they keep putting along. If you want a simple business which isn’t a major company to look at then they’re a good starting point for anyone who wants to practice analyzing or fundamental analysis. 
+
+ 
+
+https://preview.redd.it/u9uwvzoja8f81.png?width=940&format=png&auto=webp&s=af13e381991dc8ea722c96015d107179c2839cba
+
+7.	PXA
+
+I talked about PXA a bit last year and they didn’t really do much. They have a monopoly on the digital property settlements and transfers within Australia and they are trying to get going in the UK. They have said the UK could take up to 2023/24 and so to me there is no rush to jump in, but they are one I think will do well due to the property boom over the past year. They also put out a monthly newsletter on their site which talks about the property market, how settlements have gone for them and give a rough guide on numbers which I have found incredibly useful when looking at them. To me the small amount of growth expected over the next year means the price is not justified and the UK is still a big risk which they need to hit to grow, but only time will tell. But once again a bit of an oddball company which is under the radar and worth a look. 
+
+ 
+
+https://preview.redd.it/z54zgptia8f81.png?width=940&format=png&auto=webp&s=57bda6f90e2cb64f9b27b2ebf543778f0eee4c3d
+
+8.	IPH
+
+This is by far the most boring company I will have on the list. IPH deal with patents in the secondary markets around the world, so Australia, Singapore and basically the smaller countries. They don’t try to compete with the big fish in the US, they just scoop up the crumbs and move on. I did a DD on them at $6 and even bought/sold them in the mock for a 20% gain so I am very happy with them. The reason I don’t hold them currently or lately, is because they’re expecting a few headwinds with how patents have changed in Aus. and some struggle with earnings due to COVID. I will be very interested to see if earnings do better or worse than expected, because I think they will be one which a lot of people look at and go meh boring and move on.
+
+ 
+
+https://preview.redd.it/4tb7ofvha8f81.png?width=940&format=png&auto=webp&s=4524bf190cdf7b28216f49a33175018f840e1104
+
+9.	IEL
+
+The Original Original earnings play!! For anyone who has been following me since the start essentially IEL was the first earnings play I did and posted my proof of purchase. They then went up like 25% on earnings or something stupid and I felt like a genius…although I’ve never managed to replicate those gains haha! But they essentially do online English and language tests for international students coming here and the results are approved and used by universities for admission. Now as international students plummeted the expectation was their results would be poor, I disagreed and is why the big swing. But this earnings season I think its going to be very interesting because they’re currently sitting at \~$30 and I have doubts on if its worth that much and if they can continue the success. If you want a company which is bound to move a decent amount, come earnings then have a peek at em, because if you go back to a 5-year chart more often than not come earnings they move at least 10% within the day. 
+
+ 
+
+https://preview.redd.it/65sldstga8f81.png?width=940&format=png&auto=webp&s=1c3cdbae91c2fb8056ec9cf5efcf76586fc26549
+
+10.	Z1P
+
+Hahaha Just kidding, Fook BNPL. The last one which I’m really interested in is BBN (Baby Bunting Group), I have been watching them since they were $2.20, and they are currently $5.15. How the Fook they have got such a good and high valuation is beyond me, their annual reports state their numbers and plans very clearly, and I can’t see how its justified to be that high. They do deliver on earnings though and I don’t know how, its an easy company to understand and analyse and it just shows the impact quality management can have on a company! If you want a company which has had great momentum and management and you aren’t concerned about valuations, then have a look at Z1P…I mean BBN. Sorry Z1P bag holders Z1P is ded just like fish guts no matter how much you try reviving it and label its kingfish or a new company, its still Z1Pping down to $0!
+
+ 
+
+https://preview.redd.it/pvvd4twfa8f81.png?width=940&format=png&auto=webp&s=d7d1a70196a036c53fd3d8f6b7b626b33ae1a43e
+
+“Earnings make weariness pass” -Italian proverb
+​
+
+This post is not going to have any speccy mining/medical companies so hop skip and jump back to the daily if you’re looking for some. Also, I am not promoting any of these companies as a buy/sell or anything, this is just 10 companies which look interesting to me. I historically have posted and done earnings plays on the sub but most likely won’t this year as I don’t have as much time for the research, and I think there will be more misses than beats. NONE of these companies are buy/sells and I don’t hold any of these nor will be buying any of these, so don’t be dumb and take any of this as advice. Just buy DLC and move on. Also, last but not least, no TLDR as usual
+
+1.	APX
+
+The subs favourite tech stock for a while which crash and burned from its highs of $40 a share all the way down to around $10 a share. I love the business model and the idea of the company but hate management. I have never really been interested in them either due to the high premium or due to when management decided it would be best to act ignorant over what was going on in their own company. However, I do think they are one to keep an eye on come earnings to see how they are rebounding and if management have somehow pulled their fists out their asses and started to do their job properly again. APX are in the same sort of boat as A2M in the sense if there is a turnaround coming, I would expect it to start this year, but I have more hope in A2M as their management at least realized when going all in on one idea failed and they had to change. 
+
+ 
+
+https://preview.redd.it/vgnbpkqoa8f81.png?width=940&format=png&auto=webp&s=a29973bdc1c5ca0d25652cfe9e37162530af9635
+
+2.	MP1
+
+Megaport is also in the tech space and has some major contracts with Amazon and Microsoft and is in the cloud space. I don’t understand the company that great, but if you understand companies involved with the cloud and technology then MP1 is worth a peek. They have run all the way up to $20 and since come back down to $13/$14 which is either a big drop and not justified or it shows the run up isn’t worth it. If you want to take less risk you could certainly take a look at them after results if you want a tech company, but once again not one I understand that great nor one I have looked at much. I compared them with NXT last year and chose NXT, which is another one you can look at if you like who do data centers and have talked about their competition with MP1 briefly. 
+
+ 
+
+https://preview.redd.it/wiu5wvyna8f81.png?width=979&format=png&auto=webp&s=0dff000971b71ce8271deb66e43591e328498b42
+
+3.	MND
+
+Monadelphous is one which I was very bullish on when the mining boom started and I couldn’t see how they would do bad, I sold out at $11.60 which appears to be correct in hindsight. I say that because I haven’t looked at them since but have kept them on a watchlist incase something happens and there’s another chance. I wouldn’t risk them for earnings, but I do think there’s more upside than downside and its likely to sneak under the radar more than say FMG, RIO or BHP. They have contracts with RIO and BHP but had a legal issue with RIO last year which for someone who relies on these contracts is bad news even though it got resolved fairly well. If mining companies have done well and MND have managed not to fuck anything up and just rode the wave then I expect them to do decent, not one I will be jumping in on, but one ill keeps an eye on for after earnings season! 
+
+ 
+
+https://preview.redd.it/mvfs1g2na8f81.png?width=1021&format=png&auto=webp&s=a854ace2abf87e621046629d94bbc7a0e4993ca8
+
+4.	REA
+
+REA is expected to smash results and do amazing, which really is no surprise. Good old Realestate.com.au is the dominant website/app and their numbers from their last results back that up, now whether that justifies the premium they’re trading at or its sustainable is one I have serious doubts over, but whether there’s enough steam left for one more puff is also a good question. In my eyes they’ve very much like SEK (Seek) in the sense they have done great because of conditions outside of their control and I don’t think they can keep it up long term or even for the next 2-3 years no matter how much they try. But also, like SEK, knowing when the stock has run its course is the key and if you think housing has more steam or REA will have continued their momentum over the past 6 months then I think they’re worth having a look at just to chuck on a watchlist.
+
+ 
+
+https://preview.redd.it/3ecr46gla8f81.png?width=966&format=png&auto=webp&s=7f27ef1e49e04bdf584162b57780992c30d21efa
+
+5.	PME
+
+My favourite stock on the market and the one I made my first ever stock video about. I talked about how great they were at $40 and then they ran up to $60 and now they’re back to $46. Not that any of that means much with no context, but the graph speaks for itself really. They’re a healthcare tech company which essentially have a monopoly on the tech and its miles ahead of any competitor, the earnings are great, management are great and so on…so what’s the catch? They trade at a disgusting premium, one that I can’t justify especially at anything above $40 pre results. The issue is with COVID in 2020 they had less patients use radiology clinics/hospitals and so on which meant less revenue for them which means less earnings, I think they will have had the same issue in 2021, just to a smaller extent. The market is clearly expecting a strong rebound though, if you want a DD or analysis, I have a post and a vid so check it out. But once again I won’t be buying before earnings as the premium and risk is just not worth it for me.
+
+ 
+
+https://preview.redd.it/nyhr03nka8f81.png?width=940&format=png&auto=webp&s=ba86dbc308a046359b914f5f7f484449522ffdd9
+
+6.	SSG
+
+Shaver Shop is one you probably didn’t expect to see on this list or maybe even know about. They’re only worth \~$150mill which for me is as small as it gets. The reason I have been watching them and think their results will be interesting is they have exploded in popularity over the last couple years, for what reason I don’t know, but clearly more and more people are becoming repeat customers. This is the sort of company which to me is the easiest to value, it’s a simple business, with a simple model and you can easily understand their competitors and try to predict what will happen to them over the next 5-10 years. Once again not one I am bullish or bearish on really, just one I think will be interesting to see how their results go and to see how they keep putting along. If you want a simple business which isn’t a major company to look at then they’re a good starting point for anyone who wants to practice analyzing or fundamental analysis. 
+
+ 
+
+https://preview.redd.it/u9uwvzoja8f81.png?width=940&format=png&auto=webp&s=af13e381991dc8ea722c96015d107179c2839cba
+
+7.	PXA
+
+I talked about PXA a bit last year and they didn’t really do much. They have a monopoly on the digital property settlements and transfers within Australia and they are trying to get going in the UK. They have said the UK could take up to 2023/24 and so to me there is no rush to jump in, but they are one I think will do well due to the property boom over the past year. They also put out a monthly newsletter on their site which talks about the property market, how settlements have gone for them and give a rough guide on numbers which I have found incredibly useful when looking at them. To me the small amount of growth expected over the next year means the price is not justified and the UK is still a big risk which they need to hit to grow, but only time will tell. But once again a bit of an oddball company which is under the radar and worth a look. 
+
+ 
+
+https://preview.redd.it/z54zgptia8f81.png?width=940&format=png&auto=webp&s=57bda6f90e2cb64f9b27b2ebf543778f0eee4c3d
+
+8.	IPH
+
+This is by far the most boring company I will have on the list. IPH deal with patents in the secondary markets around the world, so Australia, Singapore and basically the smaller countries. They don’t try to compete with the big fish in the US, they just scoop up the crumbs and move on. I did a DD on them at $6 and even bought/sold them in the mock for a 20% gain so I am very happy with them. The reason I don’t hold them currently or lately, is because they’re expecting a few headwinds with how patents have changed in Aus. and some struggle with earnings due to COVID. I will be very interested to see if earnings do better or worse than expected, because I think they will be one which a lot of people look at and go meh boring and move on.
+
+ 
+
+https://preview.redd.it/4tb7ofvha8f81.png?width=940&format=png&auto=webp&s=4524bf190cdf7b28216f49a33175018f840e1104
+
+9.	IEL
+
+The Original Original earnings play!! For anyone who has been following me since the start essentially IEL was the first earnings play I did and posted my proof of purchase. They then went up like 25% on earnings or something stupid and I felt like a genius…although I’ve never managed to replicate those gains haha! But they essentially do online English and language tests for international students coming here and the results are approved and used by universities for admission. Now as international students plummeted the expectation was their results would be poor, I disagreed and is why the big swing. But this earnings season I think its going to be very interesting because they’re currently sitting at \~$30 and I have doubts on if its worth that much and if they can continue the success. If you want a company which is bound to move a decent amount, come earnings then have a peek at em, because if you go back to a 5-year chart more often than not come earnings they move at least 10% within the day. 
+
+ 
+
+https://preview.redd.it/65sldstga8f81.png?width=940&format=png&auto=webp&s=1c3cdbae91c2fb8056ec9cf5efcf76586fc26549
+
+10.	Z1P
+
+Hahaha Just kidding, Fook BNPL. The last one which I’m really interested in is BBN (Baby Bunting Group), I have been watching them since they were $2.20, and they are currently $5.15. How the Fook they have got such a good and high valuation is beyond me, their annual reports state their numbers and plans very clearly, and I can’t see how its justified to be that high. They do deliver on earnings though and I don’t know how, its an easy company to understand and analyse and it just shows the impact quality management can have on a company! If you want a company which has had great momentum and management and you aren’t concerned about valuations, then have a look at Z1P…I mean BBN. Sorry Z1P bag holders Z1P is ded just like fish guts no matter how much you try reviving it and label its kingfish or a new company, its still Z1Pping down to $0!
+
+ 
+
+https://preview.redd.it/pvvd4twfa8f81.png?width=940&format=png&auto=webp&s=d7d1a70196a036c53fd3d8f6b7b626b33ae1a43e
+
+“Earnings make weariness pass” -Italian proverb
+My husband and I are in our early 30s and only have about $3K invested. We are sitting on $35K in savings. $10K of that is our emergency fund. We are saving for a home down payment, but with the housing market so awful in our area and our costs of living currently low, we are most likely going to wait another year or so and keep saving. With this as our new plan, I intended for us to max out our Roth IRAs for 2021 before the deadline, but then everything with Russia/Ukraine started. I know they say you can’t time the market but this seems like it might be an especially risky time. But maybe the volatility is somewhat past? Do you think it would be a good move to max out our Roths right now? I was thinking VTI.
+Recently inherited a fortune from my grandmother, bought a house and now me and my wife have ~$100k left. We are both 25, make around 60k a year together, we save about 15% of our paychecks into 401k and HSA, looking to set up a Roth IRA sooner than later. We also want to invest but we aren’t very knowledgeable aside from knowing index funds are a good investment. I want to speak with a professional but I’m not sure where to look. I could invest with Chase bank, my grandma did all her investments with banks and she turned out okay and I like the convenience factor, but is it the best way? I read somewhere on Reddit that when seeking out financial advice I MUST find a fiduciary so I don’t get ripped off. Well here I am asking the internet for financial advice. I’m going to do more research but I would just like to pick other people’s brains as to what I should do or if they have any helpful experience or information 
+
+Ps. I’m old school and prefer speaking with someone in person especially with this amount of money
+
+Thanks
+I've called this out multiple times and never gotten much traction, but given the flurry of very recent anti-SEC/DOJ posts I want to point this out. That's because, as always, **we're getting a mix of genuine concern and shill activity regarding the SEC/DOJ/Elon**. That's NOT saying that the concern is invalid, it's incredibly fucking valid given the gross history of the SEC in particular. However, that genuine concern is being dogpiled on to add additional FUD and it's grossly obvious given some of the comments.
+
+While the DOJ is probably the least corrupt nugget of shit in this cesspool of corruption, people are also rightfully frustrated with them after 2008 yielded very few arrests and most of the blame was dumped on Madoff despite countless people being guilty as hell. I get the frustration, I was there too.
+
+Let's take a step back quickly though. These are the 3 major things we need to confirm the MOASS:
+
+​
+
+1. Gamestop had insanely high short interest - **CONFIRMED**
+2. The shorts are still in GameStop - **CONFIRMED**
+3. The government isn't going to raw dog us in the ass while we're squeezing these criminals dry
+
+See #3? That's the shorts ONLY remaining avenue of FUD. They need to convince us that the government is somehow going to fuck us over. Break our trust with the government enough and they could release a false report, say, about the government delisting the stock 'due to crime' at a complete loss to shareholders. I just made that up obviously; they could go any number of directions with that.
+
+After all, they have billions of dollars and **are literally paying people specifically to fuck with us**. Never forget that.
+
+# Elon's Tweets
+
+I'll keep this short: I'm lukewarm on Elon himself at best. He does some good, he does some bad, he's obviously polarizing. That's not what we're here to discuss though.
+
+In the case of Tesla, he ABSOLUTELY had a right to be pissed. Jay Clayton's SEC completely fucked him because Jay Clayton is a massive fucking piece of shit and the people chosen to be around him were too. Hester Pierce has been around since 2015, for example. Jay was nominated in 2017 and it's almost like his job was to be as shitty as possible. Just ask anyone in Cryptocurrency how they feel about that dog turd.
+
+Oh right, I was gonna keep this short. Let's use bullet points:
+
+\-Elon got rightfully pissed at Jay Clayton's SEC about naked shorts in TSLA
+
+\-Nothing was done at all and the shorts were allowed to openly taunt Tesla using the media
+
+\-Elon/TSLA shareholders/reddit/me/many of you fucked them in the ass anyway and a short squeeze occurred
+
+\-Elon got harassed by the SEC non-stop
+
+While the SEC harassment apparently hasn't completely stopped through regime changes, Gary Gensler and the current SEC have honestly shown themselves to be upfront, truthful (90-95% dark pools) and are saying they want the things that we want. Additionally, the DOJ was referred to by the SEC.
+
+All of this talk of the DOJ investigating the SEC is kind of silly SINCE THE SEC HAS TO REFER THEM. The reason you didn't see a DOJ investigation earlier than this is because the old SEC would have never allowed it. The DOJ does not just go after the largest financial institutions in the country on a whim. That's an unholy undertaking that will absolutely require SEC assistance to nail down.
+
+# Don't Get Fooled
+
+Listen, you don't have to trust the government... just **don't be tricked into thinking that the government is going to fuck millions of shareholders who are omega pissed-off when they desperately need more votes to stay in power**. Just fucking don't. It's not going to happen regardless of how much Charlie Gasparino cries on Twitter.
+
+Keep in mind the following:
+
+* There is a fucking RICO investigation into Citadel and co.
+* The news media has gone completely dead-ass silent.
+* Gasparino is having a complete fucking meltdown.
+* Even Jim Cramer finally shut the fuck up. Seriously, go to his Twitter and try to find a single Gamestop post.
+
+Do not let this mixture of genuine concern and intentional FUD scare you regarding the government, that's the only avenue of FUD left to them.  There's very obvious dogpiling and FUD being added to this pool of genuine concern. Read closely through the comments and you can see the dichotomy between the two, it's actually fairly obvious if you look.
+
+We're so fucking close. Do NOT give in to FUD. Stay grounded and let facts, not emotion or speculation, drive your hand. I know most of you are diamond handed as fuck, but we are growing. New people are joining the ranks. Hell, a lot of my own family members have reached out to ask about Gamestop off the recent investigation announcement.
+
+These new apes need time to forge their diamond hands, just as we did. Let's once again lead by example as we have done so many times.
+
+Buy. Hold. DRS. Shop.
+
+To The Moon,
+Disclaimer: I am not a professional mechanic, do not work in the automotive industry, but am very familiar with how cars function and have done many extensive repairs on my vehicles throughout my life.
+
+This is mainly an example of how over the top the price of most car repairs are and to show how much money can be saved by doing the work yourself.
+
+A few years ago, we purchased a used SUV for 10k cash. Everything seemed fine with it when we test drove it, etc.. Within a few weeks of owning it, the check engine light comes on. To me, it felt like it was running fine, didn't worry much about it. My wife, on the other hand, was very worried, so we agreed to take it in to a local dealership for a full inspection. We left the dealership with multiple pages of repairs that were 'needed', total quote for repairs $9k. Things that needed fixed/replaced included rear shocks, front struts, control arms, brakes, fuel injectors, spark plugs, and the list went on. The price for parts wasn't even half of the $9k estimate, most of it was in labor. My wife was pretty upset, because of what we just spent on the vehicle, and the fact the mechanic told her we were driving a death trap until the repairs were done.
+
+I knew the mechanic was exaggerating, and was pretty sure a lot of the recommended repairs weren't necessary, but decided to figure out how to do everything myself and give my wife some peace of mind.
+
+Long story short, I got online, did a little research, found all of the parts and appropriate tools for around $950. About half of that was for all new fuel injectors, which I didn't even feel needed replaced. Once all of the parts and tools arrived, I was able to do all of the work in a weekend. I did have to take it in for an alignment which added to the overall cost, but in the end, we saved nearly $8k.
+
+Ever since that experience, I've wondered how often people just agree to what a mechanic says needs done and pays such a ridiculous price. Cars aren't as difficult to work on as most people think, and it's a great opportunity to save a ton of money if you're willing to learn how to do the work.
+currently reading ‘option volatility & pricing’.  I have been buying & selling simple option positions now for ~ 6 months.  I like the thetagang approach, and need to study & learn more advanced multi-leg positions.  any suggestions would be appreciated.  thank you!
+(Not a lawyer but this is what I took from the article I link below, lawyer apes, please correct me if I’m wrong)
+
+The law allows for citizens to form a grand jury for the purposes of inquiry into government (SEC) private companies (Citadel) or individuals (Kenny boi). 
+The entities under grand jury investigation have to provide the requested evidence for purposes of discovery, and companies have challenged the requests in the court and lost. 
+
+This could provide some needed insight into actual share count. 
+
+TLDR: if you live one of the Midwest states that allow grand juries, you can form
+one by getting a certain number of signatures, then you can compel companies or individuals to release share info. 
+
+Edit: 
+
+Fixed link: 
+https://ballotpedia.org/Laws_governing_citizen_grand_juries_in_Kansas
+Buddy took out an equity on his home to buy BTC on the run up and was ecstatic for a bit when it hit the ATH. Sold some to later buy DOGE at .71 and ETH at $3900. Sold a few days ago. 
+
+Called me up last night distressed as he saw BTC both go up. 
+
+I’m kinda not sure how to handle this. Never had a suicidal friend before. I’m going to assume he’s serious. He’s mentally fucked right now, so we’re going to meet for drinks and lunch. 
+
+For the record, I never tell my friends and family to get into crypto.
+I've recently started a sub-reddit at r/AusFoodPantry for Aussies to ask for/provide support for one another for issues relating to the current COVID pandemic. The primary purpose is to provide those in need with food and other essential items if they are unable to afford these due to loss of work/income. Please feel free to join the community and spread the word to others from Australia who may be in need or struggling. 
+
+Thank you in advance, love and peace to you all x
+ Back in 2013, I saw a once in a lifetime opportunity in Bitcoin.
+
+So I wired $3000 to Mt Gox, bought at $125 at the peak of the bull market (like a sucker!). I day traded and learned exactly why you shouldn’t day trade before withdrawing what remained 1 month before Mt Gox collapsed. Then I decided to HODL, because I knew I was so far ahead of the adoption curve.
+
+Then I suffered my first bear market. I had bought at the peak and my $3000 was now worth a fraction of that, but thankfully for me I had only invested an amount that I was prepared to lose. That’s lesson #1 in investing.
+
+Later that year, the price exploded to $1000, I had suddenly made multiples of what I initially invested. But lucky for me I had a stable job and didn’t feel the need to cash out anything. I was in it for the long term and still saw an extremely asymmetric upside. I didn’t want to sell until it could make a meaningful impact on my life. The HODL mentality started to make sense.
+
+Then we went through a long bear market. Bitcoin was “dead” but I still held a strong belief that it was still a once in a generation opportunity.
+
+In 2017 things started to pick up, forks started to happen. I immediately sold all of the shitforks for BTC, and strengthened my overall position. Then watched as the price started to really take off.
+
+I sold a small amount to recover my initial $3000 investment as the price rose, this was a strong psychological barrier for me as now I was purely playing with house money, I literally cannot lose as long as I don't go chasing losses.
+
+Then the price went up to $25k AU. Suddenly my portfolio was worth hundreds of thousands of dollars. Enough to make a difference in my life. I sold about $30k worth just to make sure that, no matter what happens I will walk away with a 10x profit on my initial investment. But the opportunity was too great to ever sell all of what I have. I stayed up at night agonising over my decision not to take big profits, it was a very stressful time for me despite my financial situation being better than ever. This was a stress that I was not prepared for. Getting rich is supposed to be all smooth sailing, right? I was still in a fortunate enough position to be in a well paid stable job, so was still able to hodl despite the stress it was causing me.
+
+Then the price crashed, Bitcoin was “dead” for the 100th time. I went from having hundreds of thousands on paper, to only having tens of thousands. This time it hurt.
+
+I had been through enough bull cycles by this time to know that if/when the next one would eventually came it would dwarf all others. And by the time that happened, what I had learned was that I needed to have a solid plan in place so I could execute it without making irrational decisions.
+
+2020 was a bad year for all of us, but a few months ago things started to stir……
+
+Yesterday I passed $1 million (AU) in hodlings. This was one personal milestone for me, and while I was targeting a profit taking price of $71k AU, I started getting that creeping sense of dread that this could all evaporate again like it did in 2017. I had spent the last week not sleeping, watching charts, watching videos, trying to guess where the price was going. I had my plan, but the price stalled just below the $50k(US) level which correlated to about $63k AU. At this point I had an honest discussion with my amazing fiancé as the stress was starting to affect my quality of life, I decided to take some decisive action.
+
+I cashed out $200k yesterday, enough to make an impact in my life while still holding onto a majority of my hodlings. This was literally minutes before yesterdays dip happened so the sense of relief that came over me was only further reinforced by the dip that soon followed.
+
+I am now in a position where I have more cash at hand than I ever thought I would, in addition to still hodling onto \~$800k in Bitcoin. Even tho I sold a lot yesterday I still feel like this Bull run has a long way to go. But I took profits that made sense to me in the context of my overall financial position and feel great about my decision. Sure one day that $200k could become $2million eventually, but that is why I still hold a majority of what I initially bought. I will never sell it all. EVER.
+
+My learnings from this whole thing are that the key to realising the upside requires patience and a balanced temperament. If you are a later adopter than me then just know that when the price starts getting into the kind of territory where it can meaningfully shift your life, BE PREPARED FOR THE STRESS THAT IT WILL INDUCE, and have a plan in place to handle it accordingly. Stress makes people make bad decisions and you need to be prepared for this.
+
+I see way too many people in this place who sell everything they have, but the alternative that I suggest is if you start getting uncomfortable then there is no shame in taking profits on the way up. Never EVER sell everything you have, just sell enough to make the creeping sense of dread go away while holding enough to continue riding the revolution that Bitcoin is.
+
+TL:DR;
+
+1. Don't put more than you can afford to lose on the line
+2. Don't Day Trade. Most people who read charts are con artists. Just buy, Hodl and be patient.
+3. Be prepared for the stress that rising prices will induce
+4. Take profits that make sense to your financial position to alleviate the stress on the way up
+5. Never, EVER sell everything. The opportunity is far too great to miss.
+6. If we enter another bear market, HODL on harder than ever. You will be rewarded eventually.
+That fucking dunce scomo was asked a quick question regarding PEP11 today while at the Hunter. Within 3 seconds he had said no to the signing, despite his support of a gas fired recovery plan, and also despite Keith Pitt having full authority over the signing. 
+
+
+Lithgow article:
+
+
+“Prime Minister Scott Morrison has all but killed off an application to allow offshore gas exploration off the Hunter region's coast.
+
+Asked at a press conference at Tomago on Thursday morning whether he supported extending the licence, Mr Morrison said: "no".
+
+*The PM, who is in the Hunter to launch the government's resources roadmap, said Resources Minister Keith Pitt would make the final decision but he was clear that he did not support extending the licence, which covers an area stretching from Port Stephens to Sydney.*
+
+Advent Energy wants to extend the permit for another five years arguing that its plans to explore and potentially drill for gas represent a "potential solution to substantial gas shortage issues".
+
+Community opposition to the plan has swelled in recent weeks.
+
+Last month, Mr Pitt said he recognised the level of community concern about the project.
+
+NSW Deputy Premier John Barilaro, who is also NSW Minister for Industry and Trade, told the Newcastle Herald that the state government's position had not changed since it declared it would not support applications to extend the life of PEP 11 in 2017.”
+**Prelude**
+
+It is I, the messiah of tendies. The blasphemy has gone long enough, I am here to put an end to all this debauchery. [u/melvin\_butters](https://www.reddit.com/u/melvin_butters/) will lead you astray, will lead you to a path of exile, defiance, a path of no return and filled to the brim with emptiness and sadness at the same time. I will offer your wife's paramour well endowance and make thy tendies the tendiest of them all, the golden tendies.
+
+**Potential**
+
+What I bring to you is MyFiziq, a company that has recently gone through a rerate (Not a pump). It is here to stay for a while. The company is trading at a market cap of \~110m with projected revenues to be upwards of 66m. For reference, other SaaS companies trade at 10x revenue. This is only the beginning, their product can be used by insurance, wellness, health, fitness, and many more industries and companies. Once they start gaining recognition and other partners come on board, we can easily see this be 10 baggers with the revenue generated.
+
+**What this company does**
+
+It's almost too good to be true, yet it is what the present and the future needs. I urge you to watch this short video [https://vimeo.com/437684044](https://vimeo.com/437684044) explaining what it does. You can then only imagine it's use cases and they types of companies that will want this product. There is also talks of this being integrated in Apple HealthKit, which basically is a hub for fitness app users to see all relevant information like body fat %, potential health risks etc.
+
+**Imminent future**
+
+However, this is only the beginning. I ask of you to read this company presentation, [https://www.asx.com.au/asxpdf/20200902/pdf/44m7nhb9xvtm1w.pdf](https://www.asx.com.au/asxpdf/20200902/pdf/44m7nhb9xvtm1w.pdf), which tells us BIG deals are imminent. They make a profit of \~2-5 USD per scan, and there are MILLIONS of scans that will happen weekly. If we add up the revenue it comes to be $66m AUD/ year. Is this reasonable for a $110m market cap? No. I expect it to be much, much higher. And this is assuming no new deals happen. But that is not the case, there are in fact 30 or more partners waiting to get on board. There are mega deals coming in the near future.
+
+**Disclaimer**
+
+I am not a financial advisor, just a Messiah. Do your own research.
+
+​
+
+EDIT: I asked you cucks to watch one short video but you all instead resorted to seeing the word fitness and thinking it's a fitness app.
+
+It's not an app, it's not related to only fitness, it's not a fitness app. They provide a SDK for other partners to use, like insurance companies, health companies, wellness companies etc. These are already established companies. This isn't an app you can go download on Apple/Android, it's provided to users by partners. Look at the BEARN app which has 25million users. And that's only one partner. The size of partners can be HUGE, they are working with Tencent WeSure atm. This SDK will be getting A LOT of exposure, which is typically not possible for apps on playstore.
+I feel a big week coming for some of the tickers I own. Have no understanding of the market myself and don't know how to DD but I do have friends I trust and if it weren't for that fact that I went out on my own and bought a few BNPL stocks based off pure fomo and pre-Purge excitement (mods, can we do this again please?), my portfolio would be up much more.
+
+The stockets recommended by friends include AOU (seems to have drilled into the good stuff), IVZ (waiting on PSA), EUC (ann of acquisition complete) and TON (awaiting finance).
+
+u/plucky26 has been kind enough to dd them for me below:
+
+IVZ, Invictus Energy, 16MC
+
+PB vs Industry: IVZ is overvalued based on its PB Ratio (1.9x) compared to the AU Oil and Gas industry average (1.1x). That is not an issue because its so small, that is expected. Its cheap if compared to similar MCs.
+
+Has no debts, sufficient cash runway for 7 months plus more. cr raise in April. Has the cash and vote of confidence. has Enviroment approval to go ahead.
+
+*The Cabora Bassa Project encompasses the MzarabaniProspect, a multi-TCF and liquids rich conventional gas-condensate target, which is potentially the largest, undrilled seismically defined structure onshore Africa. The prospect is defined by a robust dataset acquired by Mobil in the early 1990s that includes seismic, gravity, aeromagnetic and geochemical data.* Geez. You got a hit here.
+
+Insiders bought at.
+
+24 Feb 20	Buy $25,095	Scott Macmillan 1,050,000	 $0.024
+
+05 Sep 19	Buy $18,950	Stuart Lake	500,000	 $0.038
+
+imho, no activity on insiders buying lately, nothing immanent. Also good is no selling, looks quiet. not much happening. will oil run next year? imho you need to wait on it. The gamble is massive returns if its real. Oil low so its good to go now. imho. long term this is massive.
+
+The reserve estimated at 1 Billion boe, At us$44x 1b =$44B possible asset , being on shore, easy to drill ~~and extract and build plant to process. 100M to get it out~~.
+
+Its far inland, need to build a pipe out. ~~looking at 1b development.~~ imho . The pipe has to cross a long area 600km. Is that possible? so guess that. $10k/km for a typical gas condesate pipe line and pumping at 100Km each. so its 100M to build the pipe and 100M for pumps/houses. 100m plant size. 
+
+so the total cost is estimated guestimated at 200m. it lows bar because so many unknowns. margin of safety., so lets put it at 400m cost to bring it to market. 
+
+its 44B potential asset and 400m cost to bring to market. 
+
+WE can work out the cost at 2 years to build it.
+
+Completely guessing, Then have a 20 year life, low bar figure, 1.b Revenue, at 40% return if the project is a goer, mc is 2 to 4B in about 2 years.
+
+EUC, MC 35M , has nearology going for it.
+
+Autumn is coming, does it snow there? So far found nothing impressive. Its a gamble like everything else. Could be good. its an open gamble.
+
+seriously high quality drilling *156 diamond drill holes for over 46,000m of drilling 👌.* Its a nice gamble. Your friend knows his stuff.
+
+[https://cloud.weblink.com.au/pdf/wcnewstemp/02248861.pdf](https://cloud.weblink.com.au/pdf/wcnewstemp/02248861.pdf)
+
+The short term is the SP to get in? Technical analysis says this is moving side ways or downward. Can wait this out IMHO. 
+
+Long term could be fantastic. Pickle has good friends.
+
+TON, Triton metals, mc 60m, Soi 1.1B 
+
+Listed Options at $0.10 expiry 30 Sept 2020 204M ? these are too high so, won't affect the sp so we can go to 0.1 without a dilution or surprise. Unlisted options, didnt check.
+
+JORC compliant Ore reserve of 24.9Mt at 6.2% TGC
+
+cash for 4Q ( one year) on current cash runaway before mine build from balance sheet qtr report.
+
+Assumption, *TGC* ranged from US$1,150/t to US$2,000/t. assuming cut off 1%. that is 5% of 24.9Mt is 1.25M tons of TGC. 27 years of of product. checked against the TON source.
+
+production of 60,000t per year pick AU$1500, $90m a year revenue on the conservative side. How much is production costs? this is the main question. Also need CR to build the mine?
+
+Is demand going to keep up with supply? *Roskill Information Services forecasts total global graphite demand in battery applications to rise by 16-26% per year to 2026.* 
+
+*Based on Benchmark Minerals Intelligence forecast Mega Factory growth, 1.2 million to 1.5 million tonnes of natural flake graphite will be needed each year for mega factory demand only.* 
+
+source :[https://www.tritonminerals.com/graphite-market/](https://www.tritonminerals.com/graphite-market/) 
+
+what is the forecast supply?
+
+TON is overvalued based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2x). this is before dfs. 
+
+other sources: behind paywalls.
+
+other questions. What did hsbc buy at?
+
+What did JP morgan buy at?
+
+to do more later.
+ok: I know this is highly subjective and personal, but I want to get an idea of what you guys all do with your savings (apart from punt it on fish guts)
+
+I’m 30 years old and I have the majority of my savings ($30k) in a bank account earning 1% interest (some bullshit bonus accrued monthly as long as I don’t make a withdrawal in that month).
+
+now, everyone on ausfinance says a big cash buffer is important, but when I told my friend about this he said I was going to get fucked by inflation. unfortunately this friend wouldn’t elaborate too much as he says he’s wary of giving financial advice to friends.
+
+I worked hard for this money, and I don’t want to be too reckless with it, but I do want to put it to work. I have a stock portfolio of around $10k but I’m wondering if my ratio of investment/liquidity might be way off right now.
+
+I won’t consider it financial advice but I’d love to hear any thoughts on this situation. cheers guys.
+>"Cohen wanted the message to be stern, said the sources, who were close to the discussions." -[source](https://www.reuters.com/technology/gamestop-lures-amazon-talent-with-grand-plans-no-frills-2021-06-11/)
+
+"Stern":
+
+1. (of a person or their manner) serious and unrelenting, especially in the assertion of authority and exercise of discipline.
+
+Boner memes aside, this isn't a game or a joke for RC. He is Chairman of a company that is being targeted by predatory short selling and heavily manipulated by illegal market activity. He wasn't around Gamestop when the problem developed, but that doesn't mean he isn't pissed about it happening now. 
+
+Up until the meeting, what most of us saw of RC was smiling production photos taken of him post-Chewy success. The expression he had during the meeting reveals his actual attitude toward this situation. Serious, unrelenting discipline.
+
+Buckle up.
+In 2020, I sold 1 btc at the worst price to help pay for an IVF (in vitro fertilization). Today my wife and i have the most amazing little guy, a few btc left, and we joke he will have cost us millions in the near future.
+
+I consider him the ultimate wholecoiner (still working on making him an actual one).
+
+Cheers to all my sat stackers.
+ Brand perception was also higher in the couponed group. Meanwhile, analysts at Credit Suisse found that Google searches for food-safety issues related to Chipotle have dropped sharply since the beginning of the year.
+After FIRE-ing myself, my group of (close to FIRE-ing) friends and I are interested on going in on a multifamily property together. We're aware of the potential pitfalls of buying/doing business with friends and are willing to take the risks. We've all lived together for a long time and feel like we can mitigate some of those risks.
+
+The primary goal is to invest in friendships and community - we've all decided that strong relationships are critical to us over the long term, so we want to nurture it. We've found that physical proximity is central to that, hence buying a property that we can all stay at. The financial upside is secondary. 
+
+Was thinking that some people here may have done something similar. We're currently trying to figure out financing - we can come up with the cash, but would prefer to pay for it with a favorable loan. The properties we're considering all have 5+ units, which I believe prevents us from getting a conventional loan.
+
+Would love to hear some experiences, and hear about what sort of loans/business structures worked out well. Otherwise, who to talk to would be a great start - we considered reaching out to a mortgage lender but are concerned they might just try to sell us on their best option, even if there's better options out there.
+Let me start by saying life is great and I'm very fortunate to be in the situation I'm in. 25M. Happily married with 2 kids. I live in a very low COL area and bring home $32,500 a year (just got a 5000/year raise last week). The wife is a stay at home mom which is awesome because she saves us more money than I make. Mortgage is about $220/month and we were able to save about $100-$200 a month. The problem is that every time we get ahead, something happens. Our HVAC unit broke ($150/month), Car stolen ($500 in damages), washing machine broke ($400). I can go on and on because these cap expenditures and other headaches have been happening every year.
+
+Does anyone else seem like life's trying to prevent them from reaching FI/RE? I keep seeing these post about people making $150,000+ a year, and i can't help but think  that they never have to worry about things like that.
+I’m concerned about the future of home and rent prices in the US. They are rising at a pace that exceeds inflation. I have a huge FOMO feeling at this time because if rents continue rise 15 years from now and houses are more expensive, my retirement cash flow will take a serious hit. Should people be buying a house now and securing low payments for retirement?
+Lets say if i put in 50k$, how much can i make from dividends monthly? Oh and is monthly paying div. better or quartely?  
+
+
+Thanks for everyones advice :)
+Did you try and replace your current income? 1 year of profitability? 2 years? What sort of "milestone" gave you enough confidence to do it?
+
+
+Edit: I love all the people who tried to analyze my whole trading journey from a simple question. I thought I would get more of a productive discussion going but this subreddit seems to have been infiltrated by wsb.
+Hey guys, so the wealth is put away in an index fund making more in dividends than I'll ever need. While the capital grows (or doesn't. I can wait). 
+
+what schools/degrees/courses whether offline or online resources can I indulge myself in if I have a ton of free time. I really love learning everything and anything. I am just looking for ideas on how and where to best spend my time learning cool stuff.
+
+For instance, I have tremendous appreciation for graduate schools but I don't want to be stuck doing menial slave work for an advisor. So, what paths have the best RoI for learning/education without much hassle?
+
+EDIT: Thank you, everyone, for your time and input. I appreciate it and I will save the entire page for my future self. Have a wonderful day.
+[**GameStop Wallet Support**](https://support.blockchain.gamestop.com/hc/en-us/sections/4412111751955-Getting-Started)
+
+# 🟣 [Computershare Megathread](https://redd.it/vp01of)
+
+>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/)
+
+# 📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+>A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for help with user flairs, find [custom emoji options here](https://www.reddit.com/r/Superstonk/comments/v89p0h/new_superstonk_user_flair_emojis_how_to_edit_your/)
+I've posted these same instructions in about 5-6 different threads over the past year and half and have had a number of people thank me after looking at their account and slapping their forehead. I felt it would be prudent to just make a post so it's easier to find when googling.
+
+This seems to be fairly common mistake, but people are opening Vanguard IRA's and then not realizing how to actually allocate the money into an index fund from the settlement fund/money market/short term reserves. I made the same mistake myself for a couple months before realizing the error and had to call Vanguard service to get step-by-step instructions. 
+
+ Vanguard is also fairly un-intutive from a UI standpoint so step by step below on how to do that: 
+
+* Log into your account
+* Go to My Accounts Menu
+* Click on Buy & Sell
+* Click Buy Vanguard Funds
+* on "Where's the Money Going" check the Add another Vanguard Mutual Fund
+* type fund name (for Target 2055 type "VFFVX") in box that appears
+* in the "Buy in Dollars" box type in however much you've currently given to vanguard and is sitting in "Settlement fund" or in "Short Term Reserves"
+* In "Where's the Money coming from?" Select "My Settlement Fund"
+* Click Continue
+
+Fin.
+
+Edit: Whoah, this got popular. I wonder if Vanguard is going to see a sudden uptick tomorrow in it's investment capital...
+We currently live in Perth, Australia on a combined income of $125k AUD. I have received an offer for a job in London for £85k. My wife will need to look for a job in London, we are hopeful that she will find a job but it might take a while. We have two kids (7 and 9). £85k seems to be equal to £4,820 per month after tax and other deductions. 
+
+So what is life in London like for a family of 4 on £85k? The company's offices are near Liverpool Street station, if that's helpful to know.
+
+We currently have a good life and are comfortable, but would like to move to the UK if possible but only if it wouldn't result in a lower quality of life for us and the kids.
+I know this is a basic question, please feel free to call me an idiot for asking. But hopefully I can get a clear answer along the way.
+
+Bought 100 shares of a stock worth $60, sold some covered CC 3/19 at $95 for a premium of $860. Now the stock has tanked to $40. 
+
+As far as I can understand: It's now obvious there's no chance the stock will hit $95 by 3/19, so my CC are "safe" and I'll just sit back and collect premium on it, correct? And essentially selling the CC has hedged the loss that I've incurred from my shares dropping in value. Can someone clarify whether I've understood that correctly or whether I may have missed something? Is there any other possible outcome for my CC between now and then?
+This sub and many others like it are the true media. 
+
+DD that is confirmed or debunked - This is one of the most powerful weapons we have against the financial tyranny that is thrown down on the 99%. 
+
+They try to use our sub against our community - this is called guerrilla warfare, by inserting bots, shills and articles of debunked DD. As of yet, nothing has debunked our solid DD. 
+
+We see their tactics of manipulation and we soldier on. 
+
+Make no mistake this is financial warfare, not just for ourselves but also our loved ones, we fight the good fight so we can take back what we all cry, sweat and bleed for every day of our lives. 
+
+That is why MOASS IS INEVITABLE. 
+
+Yours sincerely 
+
+Trust me bro. For real this time 😉
+
+Edit: grammar
+> Upstox (also known as RSKV Securities India Pvt Ltd), India's second largest brokerage platform, faced a massive technical glitch yesterday leading to several investors suffering serious losses after they were unable to square up positions. Even today, investors suffered losses after Upstox enforced compulsory squaring off, say investors who have emailed Moneylife. Upstox has been most reticent with information and until nine hours ago, its Twitter handle was denying any issues. After our persistent follow up since afternoon, Upstox has sent us a statement admitting that it has been facing technical glitch since 1st February due to hardware failure and had blocked intraday trading at 12pm Tuesday requesting users to square off their positions at 2pm. 
+
+Continue reading [the article here.](https://www.moneylife.in/article/upstox-suffers-technical-outage-again-blames-it-on-hardware-failure-investors-suffer-huge-losses/62839.html)
+ Hey guys, currently a 23 year old male making about 9200/month after taxes. My mortgage and all monthly expenses add up to about 2000 dollars. I currently contribute 3000 dollars a month to a brokerage account and 500 dollars a month into a Roth IRA. I have a financial advisor that heads the accounts I’m trying to get my savings up to 10 grand, which should be done by June. After my savings is filled up, I’ll have about 3 grand left over each month and I’m just wondering what to do with it. I’ve thought about opening another brokerage account and investing in index funds. Any advice is much appreciated!
+So I've had my Capitol One Venture card for about 4-5 years now and I'm very happy with it. It does have a yearly fee, but I get x2 points on all purchases, has some nice concierge/protection services, and I use it for EVERYTHING. Literally all purchases I make I use this card, earn up them points, and pay it off in full each month. I've never carried a balance on it, and earning the points has been great--I paid for our entire round-trip flights for my honeymoon!
+
+I keep getting ads though for other types of credit cards with new customer bonuses and all that and I'm debating if it's worth it. On the one hand, it seems like I could really take advantage of those sign up bonuses and higher point return percentages (Venmo has 6% on whatever your highest spending category is!), but on the other hand, losing out on points on my "main card" and then having to worry about paying off two cards makes it sound like it's more work for not enough payoff. Not to mention that splitting my reward points between two cards may limit my ability to use them, the knock against my credit score, etc. 
+
+Am I missing any advantage to getting a second card? Anyone have any experience where having a second credit card was actually really helpful for point accumulation? Or am I just better off sticking with my card that I'm happy with?
+
+Would love to hear opinions!
+This is going to be ranty but I am so excited and I have no one to tell! I’m 19. I moved out when I was 15 and started working, and tried to learn my finances as I went. Last year, I got a couple credit cards and after ending up in a bad place mentally I started buying things to make myself feel better. In June I was facing moving back in with my abusive family because I was 6k in debt (just cards, not my vehicle) and didn’t have enough money to pay my basic bills, let alone food, etc. 
+
+Also in June, a new job found me. They pay above minimum wage, we are tipped (in a monthly check) AND I was able to land housing through them! 
+
+With no rent/utilities, I FINALLY was able to feed myself and start looking at getting my shit together.  I’ve been working at it since and making progress.
+
+Tonight I got my check that includes my  monthly tips ($1840.00 total). I put $240 in my checking for food and gas, leaving $1600 (!!) for the rest. I paid the remainder of cards for $175, $67, $66, $730 AND put $550 towards a card that has been past maxed out for 6 months at $2300+. 
+
+I now owe less than $1800 not including my car and I’m looking at being out of debt as soon as MEXT MONTH. 
+
+The kicker, and the part I’m incredibly grateful for, is that I even have $1100 in my savings (although some will be going for shots for my dog this month.)
+
+I feel like I can breathe again and it’s incredible
+
+
+Edit: thank you all for the love and tips! You all made my day, and I appreciate this sub for inspiring me to try to get myself together.
+We're in our forties, $1.1M saved, targeting about $2.5M to retire.  If we make no change we can save and invest about $100K each year.  If she retires now, it would be more like $50K.  Assuming 6% return, we would reach the goal in 2026 or 2029 respectively.  I like my job quite a bit, she does not like hers.  
+
+**Retirement Pros:**  
+* About 6 fewer years worked for her, 3 fewer years combined, and all the freedom that comes with that   
+* Less stress (her job is annoying with a long commute and cruddy boss)  
+* Better fitness as she has a hard time exercising as much as she'd like with current schedule/responsibilities  
+* I have somewhat flexible work hours and tons of unused vacation so we could sometimes enjoy things together during the work day  
+* She can help me tackle the stuff on our to-do list that would help out family but is hard to find time for now, for example selling some of our stuff that is cluttering up the house, cooking new recipes, or working with the kids on a chore schedule  
+
+**Cons:**  
+* I will need to work about 3 extra years  
+* If something bad happens like an illness or a layoff, we have less safety net.  I was laid off two years ago and was fortunate to find another role in the same organization before I was unemployed, but the thought is still looming  
+* Her not working could change our relationship dynamics for the worse.  For example, she may have lower self worth because she's not contributing financially.  Or, she might find the family work to be unrewarding and/or more annoying than her current job.  Or I might feel some resentment if I feel like she's not "pulling her weight". I don't expect any of those things to happen, but it's hard to know for sure until you're in it.
+
+We've talked about all of this some already, but I'd love to hear any other opinions on the situation, thanks.
+CSL floated in 1994 at a price of $2.30 per share. This meant $10,000 would have got you 4347 shares. In Oct 2007 they did a 3-1 share split so you’d now have 13,043 shares. At today’s close that equates to $3,957,898.35. Along the way you would have also received over $228k in dividends... not a bad return on an initial investment. 
+I doubt many will be able to compete with that truth but it got me wondering, what’s your most successful stock return?
+Hi crypto experts
+
+​
+
+I´m looking for altcoins with:
+
+\- Great and credible team
+
+\- Strong fundamentals
+
+\- Working products
+
+\- Low marketcap
+
+\- Low Supply
+
+​
+
+My ideas for now:  $COTI $FET $EQUAD 
+
+​
+
+Any help?
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[📚 Due Diligence](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Due%20Diligence%22) | [📚 Possible DD](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Possible%20DD%22) | [📈 Technical Analysis](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%88%20Technical%20Analysis%22) | [🤔 Speculation / Opinion](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%94%20Speculation%20%2F%20Opinion%22) | [💻 Computershare](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%BB%20Computershare%22) | [💡 Education](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%A1%20Education%22) | [📰 News](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B0%20News%22) | [🤡 Meme](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%A1%20Meme%22) | [👽 Shitpost](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%91%BD%20Shitpost%22) |[📳Social Media](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B3Social%20Media%22) | [☁ Hype fluff](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%E2%98%81%20Hype%2F%20Fluff%22)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+Koreans value technology over orthodoxy. ETH > BTC. 
+
+Songdo City & Seoul Korea are cities of the future - Koreans love & are proud of this. ETH is the crypto of the future - Koreans love & seek to be involved early on in this.
+
+When travelling Korea & among my Korean friends, they espoused that they find little to no appeal in BTCs 'digital gold' dubious branding. Many considered BTC to be the precipice of obsolescence, stating "BTC will soon be obsolete."
+~~Good for you for getting on the train. Next stop: the future.~~
+
+~~We all know Ethereum is the best and we're happy you're on it but oh my god, stop with these stupid fucking "Finally got 1 Eth" and "Me tracking my $20 of Eth" posts/memes.~~
+
+~~They aren't funny, they are overdone, and contribute nothing.~~
+
+~~Go for a walk for christ's sake. Or do whatever you can to buy more. But the circle-jerk of crypto-babies has got to stop.~~
+
+Edit: Damn, I guess I've lived long enough to see myself become the villain. 😔  
+
+
+Edit 2: I take it back guys, a gentleman hodler never says such things. Welcome to the blockchain and catch ya on the flip side when 2.0 comes out proper.
+ **Tl;dr: Read up on Kodal Minerals (LSE AIM: $KOD).**
+
+Disclaimer: I previously posted this on WSB with added rockets, before I knew this sub existed (I am new to following investing on reddit). I am not ramping, I genuinely think this stock is a bargain.
+
+**DD**
+
+International EV manufacturers have enjoyed an incredible surge through 2020. TSLA is likely overvalued, NIO performance has slowed. There are likely to be a range of discrepancies in supporting industries where securities are undervalued. Undoubtedly, these industries will grow to meet the needs of EV manufacturers as governments set ambitious targets to halt the production of FF vehicles.
+
+Ref 1: [https://www.bbc.co.uk/news/science-environment-54981425](https://www.bbc.co.uk/news/science-environment-54981425)
+
+Ref 2: [https://oilprice.com/Energy/Crude-Oil/Is-Elon-Musk-Wrong-About-Lithium.html](https://oilprice.com/Energy/Crude-Oil/Is-Elon-Musk-Wrong-About-Lithium.html)
+
+As manufacturing requirements for lithium rise (for EV li-ion batteries) demand is set to rise dramatically, and current supply is insufficient. As such, there are likely to be a range of lithium mining/exploration start-ups that will do astonishingly well in months and years to come, despite the fact lithium as a commodity has fallen in price. Moreover, as lithium is now in a dip, it is an excellent time to buy into the industry. Lithium Americas Corp & others have already done well, but I'm looking to buy in far lower for a larger % return.
+
+Ref 3: [https://www.ft.com/content/b9395e8c-9321-4351-b98d-a664b1e99b03?sharetype=blocked](https://www.ft.com/content/b9395e8c-9321-4351-b98d-a664b1e99b03?sharetype=blocked)
+
+Ref 4: [https://twitter.com/KodalMinerals/status/1334435246872399873/photo/2](https://twitter.com/KodalMinerals/status/1334435246872399873/photo/2)
+
+I draw your attention to Kodal Minerals (KOD: LSE AIM), a British firm headed by Aussie Bernard Aylward, who comes to the firm with high repute. KOD is a mining & exploration company currently developing a project in Bougouni, Mali, with a whopping 350km² of potential mining operations, expecting to haul ***1.94 million tonnes*** of lithium over 8 years, with an ***estimated 1.4bn revenue***. The company is currently sat at a **hilarious market cap of £12m, trading at p0.01/share.** Cast that against the MCs of their competitors (probably 10x undervalued). The project is in large part funded by Suay Chin, an enormous player in the Chinese lithium market.
+
+Source 5: [https://kodalminerals.com/project/bougouni-lithium-project/overview-highlights/](https://kodalminerals.com/project/bougouni-lithium-project/overview-highlights/)
+
+Source 6: [https://www.youtube.com/watch?v=fdyMZvQzcDg](https://www.youtube.com/watch?v=fdyMZvQzcDg)
+
+In my opinion, the current market valuation remains low as KOD awaits a mining permit from the Government of Mali, expected soon. I anticipate that as the permit is granted and project action begins, KOD will shoot. This is caveated by the fact the time to build the project will likely be in excess of a year, perhaps closer to two years - but the share price will hopefully grow once they gain publicity, at this point I would consider them relatively unknown.  They also hold gold mining permits in Mali and Côte d'Ivoire which will shore up the share price. Definitely worth a look at. 
+
+Disclosure: I am in 295k KOD shares at p0.08.
+
+
+Edit: A few people have asked - I use the investment app Trading212.
+Hello,
+
+Just watched The Big Short and really enjoyed it.  I was curious about one aspect of the story that was brand new to me, which I'll try to explain in non-finance terms, and if you have any material you can reference that helps me understand what happened I'd be very appreciative!
+
+Alright, so here goes:
+
+So the characters in the movie bought credit default swaps on CDOs and certain tranches of bonds comprised of mortgages.  Now when it became clear that the bonds were going to fail, the firms that sold the credit default swaps seemed to do a lot of things to keep from having to pay out the CDS such as pretending they had printer problems or whatever.  The movie said the banks and investment firms wanted to get the "bad stuff" off their books before repricing them downward?
+
+Basically just trying to learn more about what the banks were doing exactly and how a transaction like this should have worked if there were no shenanigans.
+
+Thanks!
+Supposedly this happened a few times this week, and the guy doing it knows what he is doing and hasn't been caught. 
+
+The guy somehow got a hold of my dad's Social Security number, as well as account # and routing # at WF. He then masks his IP address through a VPN and sets up a new bank account at bank #2 (using social security # and personal details). He then uses the routing # and account # to transfer $65,990 out of WF to bank #2, then pulls all the funds out (I don't know how you pull it out without showing your face unless you transfer it again) and then closes the account. 
+
+Originally I thought this might have been an inside job with WF all over the news lately, but the police confirmed this same thing is happening frequently to many people. 
+
+Good news is, Wells Fargo is replacing all of the stolen funds...
+
+Edit: My dad was given this link with respect to identity theft & changing your SS #, has some upsides and very large downsides...
+
+https://www.ssa.gov/pubs/EN-05-10064.pdf
+I work at a communications department that handles a lot of print work. I'm one of 5 graphic designers, all of which send several large, expensive jobs to print on a weekly basis. The way our process works, we get the specs for a piece and while we are designing the artwork, the piece is sent out to several printers on bid. Whoever winds the bid, obviously, gets the work. 
+
+Well, recently we've gotten a new printer added to our bid list who has been winning all of our jobs by a LANDSLIDE. Each quote they give is substantially lower than they other printers. Upon inquiry, I discovered that the printer who was winning all our work was the prison! 
+
+Now, I'm 100% for teaching prisoners skills and allowing them to work, but the reason they can charge so little is because they pay the prisoners next to nothing (I couldn't figure out how much this particular industry pays the prisoners, but research found they generally make 50 cents to $2 an hour) As a matter of fact, I read that Honda has paid inmates $2 an hour for doing the same work an auto worker would get paid $20 to $30 an hour to do! That's just insane. Upon further reading, I learned prisons have their hands in MANY industries from clothing production to telemarketing!  After the initial outrage settled, I started to think about just how fucked up this situation is. 
+
+Not only are prisoners being seriously exploited, but legitimate businesses who PAY THEIR EMPLOYEES are losing thousands of dollars in business per month- this is clear just from my personal experience.. local printers are losing thousands of dollars a month in just my little area! At this rate, I'm not sure how many of them will stay afloat for long. 
+
+Next, we have people and clients in my office who are THRILLED at the savings. They will talk about how much they are saving and how wonderful the saving is "in this economy" while essentially helping to put businesses under the ground. (this is doubly infuriating because I work for a publicly funded institution so taxpayer dollars gets recycled and goes to the prison industry as profit)
+
+So now we have worker/prisoner exploitation and economic disaster! great. But that's not it. This private prison industry also promotes the obtaining of prisoners in the first place! Arresting people now seems to me like some sort of sick hiring process instead of punishment for legitimate crime. 
+
+Here is one article I found on it. http://www.wsws.org/articles/2000/may2000/pris-m08.shtml
+
+There are many more if you google. 
+
+I just thought it was crazy that this is affecting an average city in the south o drastically... I can't imagine the extent of the corruption across the whole USA. 
+
+
+This is just my opinion and reaction to a situation I've recently discovered. If I am wrong, or there is valuable information I don't know.. please inform me. 
+
+TL:DR- Prisons are essentially slave labor camps and an industry that is stealing business from legitimate companies, exploiting workers and helping to destroy our economy.
+So long story short, I received a letter from Commonwealth bank in the mail saying my application for a credit card limit increase has been rejected. Odd, I do not bank with Commonwealth, and have never applied for a credit card.
+
+Call Commonwealth and a credit card has been opened in my name, fuck...
+
+They have locked the account, and tomorrow I need to go to a branch to confirm my identity and completely close the account. This has been alerted with the Commonwealth fraud team.
+
+The police have directed me to cyber.gov.au and I will lodge a report with them tomorrow. I am also currently applying for my first mortgage, Westpac have confirmed they ran our credit check before any other credit applications had been performed so this (hopefully) shouldn't affect our application.
+
+I haven't confirmed this, but I recently got my learner's permit and it never arrived in the mail so I think it's been picked up somewhere in the post and this is what has been used to open the credit card.
+
+Has anyone else had this happen to them? Any tips of things I should follow up, keep an eye on etc. While I know this isn't strictly financial related, I feel like it could impact me financially for at least the next 10 years...
+
+This isn't as short as I though but I'm a stressed chicken right now, and I might be rambling...
+
+Edit: thanks everyone for the responses so far, I'll take a good look through everything and set a game plan first thing tomorrow morning. You're making this chicken a little less stressed.
+Good Morning Apes!
+
+So today is our first ETF FTD date from FTDs created on the Nov. 23rd drop, how much of these FTDs were covered in the massive amount of internalized volume from Friday is hard to say. Even though these internalized and dark pool orders will need to "execute" at some point during the trading day today the effect of that volatility is an unknown. While I do expect buy pressure to exceed sell/short pressure today the internalization of the order flow could upset that expectation, in the short term.
+
+Many contracts were sold at market open Friday due to the after market spike in IV which will reduce gamma exposure over the T+2 window that ends Wednesday.
+
+I think u/yelyah2's model picked up on this shift, seeing the DN drop a bit Friday, but many more options were bought on Friday's dip, possibly/hopefully counteracting that effect.
+
+[Dec 3 MM FTD and Nov 23 ETF FTDs due today.](https://preview.redd.it/rijvjlex5va81.png?width=2462&format=png&auto=webp&s=e55d7a0ec934b65ca027722a266a6194b9c1647e)
+
+[Net Short](https://preview.redd.it/rmcfgrjg7va81.png?width=205&format=png&auto=webp&s=69901be7613058622f8ba509334e8f5f425dd636)
+
+Lastly from a technical perspective we look primed for a bounce
+
+[Technical indicators on the 1D chart](https://preview.redd.it/88q4hyum6va81.png?width=1590&format=png&auto=webp&s=160b73ac6554965ad6c868e9b22157c5b1a49b40)
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream Clips.**
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After Hours
+
+Another day of big put resistance with the leverage being shed into the end of the day on that RIP. The 58% of Friday's Dark Pool volume and the 5.48m traded today are awfully coincidental, to say the least. I sort of expect more after hours volatility to be honest. We will see what tomorrow brings as these FTD cycles are compounding as we move into the cycle from here on out. Thank you for hanging out. 
+
+\- Gherkinit 
+
+https://preview.redd.it/0nlpno5fdxa81.png?width=693&format=png&auto=webp&s=de6f1257472f75673f92df1d98b2976219b51ebd
+
+Edit 3 12:53
+
+Looks like a breakout, let's see if volume is sustained.
+
+https://preview.redd.it/rtuow02jfwa81.png?width=1590&format=png&auto=webp&s=7c034b806137dfdbbe94b05a4c1a788e05b783dc
+
+Edit 2 11:07
+
+Sustaining support at 120, but massive numbers of ITM puts coming in this is a concentrated effort to drive the price down.
+
+https://preview.redd.it/7vy4mz4nwva81.png?width=1583&format=png&auto=webp&s=cf38b4d07120a0fcb9616d569158e36233ed18bf
+
+https://preview.redd.it/vqbrlx4pwva81.png?width=920&format=png&auto=webp&s=1b37c59f0756df1febe439e5126c44f6c4c52295
+
+Edit 1 9:47
+
+Significant short volume to open the day, backed up by the downturn in the overall market. Looks like we found some stability on 126. Guess they are using those borrowed shares to give us extra discounts.
+
+https://preview.redd.it/cq5pzameiva81.png?width=1584&format=png&auto=webp&s=1b3b571d0c543a45a0a9c7ddbc0fe274d4b2521a
+
+# Pre-Market Analysis
+
+Down about 3.89% currently with a decent amount of volume traded. No obvious gaps to the downside
+
+Volume: 54.12k
+
+Max Pain: $140
+
+Shares to Borrow:
+
+IBKR - 20,000 @ 0.6% (rate moving back up)
+
+Fidelity - 0 @ 0.75% 👀
+
+[GME pre-market 1m](https://preview.redd.it/5j7id22b8va81.png?width=1592&format=png&auto=webp&s=93d389e8575010c0b5e1af05bea316278bff83ec)
+
+CV\_VWAP
+
+[Still showing signs of increased arbitrage](https://preview.redd.it/uwmblndg8va81.png?width=2449&format=png&auto=webp&s=01b0ae24c73bd29a7cfcd5dd1f2fd7e40e1d081c)
+
+TTM Squeeze
+
+[6 fire signals on the daily, looks about ready to pop. ](https://preview.redd.it/nsouq3wm8va81.png?width=2458&format=png&auto=webp&s=7a81f530d5394fa229606ad33bdb6e00665dee5b)
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+Benjamin Graham was Warren Buffett's mentor during his time at Columbia University, and Warren Buffett subsequently went to work for Graham as well. From time to time, Warren Buffett often references various aspects of investing that he learned while under the wings of Graham. According to Buffett himself, the one analogy he found to be the most useful from Graham's book - "The Intelligent Investor" is the concept of Mr. Market. 
+
+According to Graham, the stock market is a salesman that comes and offers you various quotes on the securities that you own. If he is feeling great that day, he might give you an amazing offer. If not, he might give you a lowball offer. The point is - you should never let the salesman's offer persuade you into thinking that your security is somehow more or less valuable. At the end of the day, the securities that you own have an intrinsic value and you should only do business with Mr. Market when it is favorable for you. 
+
+From Benjamin Graham himself:
+
+> “The intelligent investor shouldn’t ignore Mr. Market entirely. Instead, you should do business with him- but only to the extent that it serves your interests.” 
+
+In these turbulent times in the market, it is important to recognize that simply because the market is up or down doesn't mean that your company's intrinsic value somehow changed. It is simply what the salesman is offering you today. Instead, you should be looking deeper into your company's revenue growth, valuation multiples, and other fundamental factors and whether your thesis around that has changed. 
+
+The mood of Mr. Market will often open up amazing opportunities in the equity market. In 10 years from now, we will be looking at many companies and saying "wish we had bought it in 2022". Don't let Mr. Market fool you.
+
+Best of Luck to All!
+ARTICLE FOR REFERENCE: [https://arstechnica.com/gaming/2022/07/analysis-gamestops-nft-marketplace-earns-the-company-just-45k-in-first-day/](https://arstechnica.com/gaming/2022/07/analysis-gamestops-nft-marketplace-earns-the-company-just-45k-in-first-day/)
+
+From this article, I would argue that $45,000 transaction fees out of about  $1.98 million in volume in the first day of launching the NFT market place is reason to believe that the NFT space has potentially entered normalization.
+
+The NFTs Gamestop sells do not appear to be geared towards speculation like we've seen at the top of the NFT hype and they are currently being bought by people who want them as part of a gaming or collectible experience.
+
+For GIF/art type NFTs, I would argue this is what that market should look like, meaning, some type of "affordable" price for a respective NFT for people who want them to enhance an experience, not to speculate on future price.
+
+On top of that, this is occurring at arguably the lowest point in the NFT hype phase and the future seems bright after all.
+
+Thoughts or counter arguments to what we're seeing?
+
+**EDIT:**
+
+u/Psukhe Made a great comparison with this comment:
+
+"OpenSea did $1.1M in volume in the last 24 hours, and 2.5% of that as  fees, which is 27.5k, over the last week OpenSea had 87M in volume, or  218k in fees. So it seems decent if they can keep the volume up? 
+
+ \*Edit: actually it was $11.1M in the 24 hours, so 275k in fees, and  2.18M in fees for the week. Thanks to a post below Seems that there is a  bit of catching up to do "
+I have been looking for a new job, because the current job is not working, financially speaking, and is not stable, due to mercurial bosses. I'm in a giant hole right now, and I **really** need to find a new job soon. I'm a teacher at a small (newish) charter school that is in the same building as a large, longstanding private school. Our schools seem to have a good relationship and we refer students/families back and forth when we feel they're better suited to the other school. The admin of my school know the admin of the private school, although I couldn't guess as to how close/friendly they are. We have made arrangements to use some of their facilities, and when we do, one of our admin go to supervise, so they go over there on occasion. 
+
+A position has opened up at the private school and I would like to apply it for it, but I'm worried that they'll mention something to my admin if they see them--not necessarily maliciously, but anything could be detrimental if I don't get the job. The admin at my current school are very vindictive and I'm worried they would either a) find a reason to fire me b) try to bully me out of my job, as they've done this to other teachers. 
+
+Would it be appropriate to add some kind of PS/note to my cover letter referencing our schools' relationship and asking for discretion? Should I not apply at all/does it seem too risky? 
+
+**Edit: to clarify, this is not the only job I'm looking at, and in the past month have applied for many other positions with schools further away.**
+
+**THANKS everyone! I have decided *not* to apply at that location at this particular time, it's just too risky. I appreciate all of your advice and support!**
+When I started to invest in ETH everyone said it would be the future of all financial transfers. I wasn't too sure about that, but saw it as a good investment regardless so I bought some. Fast forward to today and the business week has ended. I've waited 3 days for an electronic transfer of US dollars to my checking account to use for a down payment on a car. I could have transfered ETH from one account to another in under 30 seconds. I'm annoyed, but now I understand there may be some truth to this future of financial transfers talk.. Guess I'll be asking the dealer if they take ETH this Saturday.
+
+Cross posting to r/ethereum
+Back in April my manager told me that he will be putting me in for a pay rise at some point this year. I have not received anything in writing or on email. 
+
+He has just told everyone he is leaving in the next two weeks and now I'm thinking he's just been stalling until he leaves to not deal with it.
+
+What is the best may to approach him about this to ask how it will be handled once he leaves. I assume email would be best so I can start a paper trail at least.
+
+Thanks
+I was just thinking about Dollar Endgame and the looming 2023 recession and how we have people like DR. Susanne Trimbath calling out what is happening but the media and powers that be will continue to sweep it under the rug until it's too late. GME will blow up the market and then people will act like they never saw it coming because they refuse to 'look up'
+
+Edit, I'm still zen about it, just a thought that occurred this morning.
+ (game storage cases, controller grips, small statues)
+
+Imagine that - getting to start a hobby and not being bound to Amazoff for supplies?
+
+3D printing is electronics and gaming adjacant and having an easy-to-use one-stop store for supplies would for sure make it easier and more fun to explore for many.
+
+Edit: like Elegoo printers for example. Affordable enough, I just want Gamestop to sell me one, thanks
+Today I'm officially in bestiality territory. What?! That's right, I'm officially an XXX ape. 
+
+Back in February was able to talk a single person close to me into buying about a dozen shares when it was still at 40. Since then everyone else I know thinks I'm batshit crazy and laughs at me every time I mention GME. They think I'm no better than QAnon folk. Even when I don't bring it up, someone else inevitably will ask how it's doing (*great, thanks, I'm still green assholes*),  I've finally just stopped ever bringing it up in real life, so you apes are the only ones I can tell it to and celebrate with.
+
+It's taken me a lot longer than I wanted since I've been laid off for over a year due to Covid (something else I haven't told most people about), but with enough scrimping and saving and buying dips and dipping into the emergency funds, I finally made it! 
+
+Thanks for sticking with me guys. Thanks for all the hard work and reassurance and all the confirmation bias I would ever need. See you all when we get to the edge of the observable universe.
+"If I had bought BTC in the early days for less than $100, I would be a millionaire now," is what most of the people think when they get into crypto.  But, would you be able to hold them through such high volatility over the years?
+
+If you want to become rich, you need to believe in a project, put your money and then be patient for years. This means you need to hodle through the storm and ride out the waves. You need to be able to control your emotions.
+
+If you are panicking right now because of this minor crash, you would have definitely panicked during all the minor flash crashes that happened in the past years too. You would not have been able to hold on to your BTC.
+
+If you believe in BTC, ETH and other strong projects, dips and crashes are buying opportunities. Not the time to panic sell.
+
+BTC and ETH have stood the test of time. They are here to stay. Longterm holding will bring your fortunes. Panic selling will drill a hole in your pocket.
+
+DCA, Hodle and Chill. That's how you beat the the algorithms, high frequency traders, sudden liquidations, and flash crashes.
+
+​
+
+Edit: spelling
+I applied for a job outside of my "field" which is paying $3.50 more than I make now has benefits and is easy af! I was almost hired on the spot but they have to check one thing. I'm so excited I cant wait to hear back! Please send me good/lucky vibes so I can quit this job I have now, and dig myself out of some debt!
+
+Edit: I didn't get the job :(  I had a slight conflict of interest and bottom line is Menards sucks lol
+Hey my favorite sub reddit. Hope you all are having a better week than me! I am a little stressed right now. I should have listened to you all.
+
+For the last 4 weeks, I switched from selling straight naked puts to OTM put credit spreads on high dollar value stocks like; SHOP, GOOG, AMZN. I would have just sold naked on these stocks if I could, as, I love them all and would have no fear of holding them but you need a pretty damn large account to take assignment of stocks worth over $1000-$3000.
+
+It was like free money these past 4 weeks selling 4-5% OTM put credit spreads on these high dollar tech companies. And, I started selling weeklies (which I never used to do, always stuck to 45 days out but I figured tech only had so much further to run and thought I was being safer betting that these stocks won't drop 4% in a week rather than a month and a half) I literally made well over 20k Canadian just off those 3 tickers in 4 trading weeks all from spreads
+
+At first I would close these spreads out at 50% profit. Then, I realized they always would end up expiring way OTM and I got mad I was "leaving so much money on the table" so I started riding them to expiry.
+
+I had sucha good 4 weeks, on Friday I opened up wayyy more spreads on SHOP,AMZN and GOOG than I would be O.K. with losing because I got over confident. I could have closed them all out on Monday when they ALL hit 52 week highs but 40-50% over a weekend returns were not enough for my greedy ass
+
+There is still a good chance at least some of these spreads will be winners. I may get lucky and all of them are BUT, I may be in for a massive loss that will wipe up all my last months gains. I have accepted it and am staying positive as I have plenty of cash on the sides and will be able to make it back. This has been a very humbling learning experience. I am going to be MUCH safer after this, even if I end up somehow coming out ok on all of these
+
+I wanted to make this post to state not only the obvious, which, is only create spreads that if you end up needing to take a loss, it won't hurt and the second one
+
+DO  NOT OPEN ALL YOUR SPREADS IN ONE SECTOR. I had been only sticking to 3 or 4 big name tech stocks because they were the "safe havens" I knew it would not last forever and I still risked it. I thought "one more week and I am done with these weeklies and going back to naked puts"
+
+I hate spreads because you cannot roll them unless you take on even more risk by widening the strikes. Puts are SO easy to roll for a credit and each time you roll it brings your cost basis down. I may roll some of these for a debit if I have to as I do believe they will rise, esp as earnings approaches but I am not going to take on more risk by widening the strikes
+
+I do not think tech is dead, but, it is strange how much it is lagging. I thought with Covid getting worse, people would be rushing to the "safe haven" stocks more but seems value is the winner lately
+
+TLDR: Do not get cocky and sell tons of spreads without asking yourself if you lose on every single one, can you stomach that loss? #2, do not sell all your spreads/puts in the same sector. #3 do not sell weeklies
+
+​
+
+EDIT: It is Thursday night and it looks like I am nicely fucked. SHOP plummeted, AMZN too. I just lost all my gains plus several thousand more from the YEAR in one WEEK. I used to laugh when I saw stories like mine on WSB. Like, some guy was up 1million and is now in the red,
+
+Now, I understand. Greed is real. When you just keep winning and winning its easy to get over confident
+I sold an 800/780 Put Credit Spread on TSLA that expires this week...ya'know, because I scooped my brain out and replaced it with salad dressing. Plus it was a risk of $10 for a gain of $1990...figured it was worth it.
+
+The 800 Short Put was exercised yesterday, so this morning I wake up  to 100 TSLA shares. Now I'm forced to exercise the 780 Long Put, unless I want to replace the salad dressing in my brain with gasoline...I don't.
+
+No, I didn't take a loss of $2000...I think it's something like difference in stock price minus credit received...not sure if it's the initial $10 loss, but my account hasn't been hurt from this exercise & assignment...just a flesh wound.
+
+But not going to do this again now that I see how easily it can turn against you. However, I wonder if some insider exercised my short leg...and I wonder why.
+I've only been making money off bear call spreads. I have one TSLA leap that's getting absolutely hammered.   
+
+Also, we are getting close to a very historic moment with the 50/200 moving average cross on the weekly (QQQ). Staying bearish seems like the best route
+And I bought at 1250 and 800 and 400.
+
+1000 seems like a deal to me, we will see what happens in a year.
+
+Enjoy the ride, I hope to pay off a home with my recent moves.
+https://www.google.com/amp/s/www.theverge.com/platform/amp/2021/11/2/22760080/zillow-offers-home-selling-ibuyer-wind-down-excess-inventory-losses-financial-results
+Following is a very selective short list of use cases that will hit the market in 2017-2018. I believe IPFS has been largely ignored by a majority of adopters outside the developers realm but should allow you to draw a somewhat clearer picture of the future platform Ethereum can develop into. 
+
+**IPFS** - after researching this in great detail, I truly believe it deserves to stand here at the top. I am currently digging deeper by actually deploying the system on machines and I have a feeling this will the biggest thing since HTTP. Screw Silicon Valley - they will budge eventually! 
+
+* https://ipfs.io/
+* https://en.wikipedia.org/wiki/InterPlanetary_File_System
+
+**Ethereum Remittance, Token and Transaction Viewer**
+
+* https://everex.one/products#wallet
+* https://everex.one/img/4ca6b47fe233f998497e4b734a3efdbd.png
+
+**Insurance** Leading Chinese Insurer selects Ethereum
+
+* http://www.coindesk.com/china-insurer-blockchain-research/
+
+**Identity** 
+Thomson Reuters
+
+* https://blockone.thomsonreuters.com/
+
+**TransActive Grid** is a partnership between energy company LO3 and ConsenSys
+
+* http://lo3energy.com/team/
+
+**Stablecoins**
+
+* https://www.decentralizedcapital.com/#/
+
+**Banking: Smart Customer loans**
+
+* http://www.coindesk.com/fidor-ethereum-core-banking/
+
+**Fair philantrophy**
+
+* http://alice.si/
+
+**AKASHA social network**
+
+* https://bitcoinmagazine.com/articles/akasha-project-unveils-decentralized-social-media-network-based-on-ethereum-and-ipfs-1462551273
+
+**More identity tools**
+
+* https://uport.me/#home
+
+**Media attribution**
+
+* http://www.mediachain.io/
+
+**Mining company using ipfs+eth**
+
+* http://www.coindesk.com/bhp-billiton-blockchain-mining-company-supply-chain/
+
+
+------- CONTRIBUTIONS ----------------
+
+
+
+**Electric Car Charging (LIVE BETA)**
+
+* https://shareandcharge.com/
+
+
+**Status Browser**
+
+* https://status.im/
+
+> "Status is a browser, messenger, and gateway to the decentralised world of Ethereum."
+"Buy and Sell Ether Locally"
+
+
+**MakerDAO - Decentralized Bank**
+
+* https://makerdao.com
+
+**Augur - Prediction Market**
+
+* http://augur.net
+
+**Digix - Gold Tokens**
+
+* https://www.dgx.io
+
+**Iconomi - Investment Platform**
+
+* https://www.iconomi.net
+
+**EtherDelta - Decentralised Exchange**
+
+* http://etherdelta.github.io
+
+**Golem - Decentralized Market for Computing Power**
+
+* https://golem.network/
+__
+
+
+More:
+https://medium.com/@AroundTheBlock_/a-current-list-of-use-cases-for-ethereum-b8caa5807553#.m8anrhv62
+
+On **Scalability and POS**
+http://www.coindesk.com/ethereum-creator-vitalik-buterin-scaling-devcon2/
+
+I will be posting a similar more complete list when I have time to compile it so expect more from me. Please add any that you find really noteworthy too.
+
+What's up guys, anyone else refinance and leverage them selfs to the tits to buy eth? 
+
+Wife hates me but I think this stuffs really gonna go to the moon 🚀🌕
+I (37M) just hit 19 years in the army and was planning on retiring once I reach 20 years.  This would give me a nice pension. With all of the recession talk, stock market, and instability, I have been second guessing my decision. My wife is employed and makes good money (120k) and we have two young kids. Should I stick it out for a little longer till the storm passes?  I currently like my position and do not have to worry about fighting a war.
+Except, of course, those that have been dollar-cost averaging into Bitcoin and HODL'ing.
+
+You can’t afford not to hold Bitcoin and ETH. Even Doge and Safemoon are fun to fuck around with.
+
+Just for the record, Bitcoin peer to peer [trading in Nigeria is up 27%](https://nairametrics.com/2021/04/21/nigerians-increasingly-using-bitcoin-since-cbns-crypto-ban/) since the Central Bank banned financial institutions from crypto 85 days ago.
+
+Also for the record, [Middle East gets its first listed Bitcoin fund on the Nasdaq-Dubai. ](https://www.reuters.com/article/crypto-currency-emirates/canadas-3iq-to-bring-middle-easts-first-listed-crypto-fund-to-nasdaq-dubai-idUSL4N2MC30N)
+
+Lastly, for the record, [Venmo’s 77 million users can now buy, hold, and sell bitcoin with as little as $1.](https://www.cnbc.com/2021/04/20/bitcoin-venmo-what-you-need-to-know.html)
+
+All of this happened within the last 24 hrs. 
+
+Not financial advice. 🚀[🌝](https://safemoon.net/?__cf_chl_jschl_tk__=d684bf272a1bae9f0fb92e4a39c5cdbb7d6349b3-1618998475-0-AQjSU8HUxjYwSPJL5zmScOnA9VMlhDXMrrn6DGTycUswxdd2YUbTRdJ0YgIyjxfTOWzue8TVw4ngIdO1DLWn19Q4L8YtzFq3krfcjz1t50MYRnC31JvH-ETrcktVGmN462juOVcBMDdRCI1t7lAbnd4zStryGJj3yGmLIGkYbAOZyDTGxw3xpSOyWBB3N6fzbrydDHoIH8OsgYinRB3iW4449Q_c_a7Zdmdjyhghv0FTopeN6D11FevpzILn76Qasi0gZ1ukbAqhSILmQ4Png_Azc7y_GYwIVpPwvS2DWLJSEYmz5fgMO_8De4EzXNG6FT2VN2qxZzhOS4cJO6jMOSEGF6wn5A3EyEvs3mo0XpbfTppH0gzmVcLnfFtSV05vdQ)
+
+Edit: thanks for the awards everyone. I really appreciate it.
+I like keeping things simple …for financial planning and life.  Assuming that I max my 401k , HSA, and Roth IRA (started at 32) and have 1 year emergency fund and have a comfortable mortgage (with low  interest rate) that I am paying down… and that I have stable six figure job/career that i like (so no desire/need to retire early) … I don’t see the point of intentionally saving more. Key word intentional since I usually save a bit by accident and throw into index funds. I have already paid off my student loans and car.
+
+Seems easier to just go on autopilot (and do basics of not spending more than I make) and anything I save is just cherry on top. No desire for kids … and 
+no desire for luxuries such as expensive cars or anything. I do like to travel but most my trips per year still end up covered by my annual bonus. 
+
+anything I am missing.. would you do anything different in my shoes and if so why? What would you be saving for if you were in my shoes had no desire to retire early or have kids?
+
+Just looking for 3rd party opinions so I feel more comfortable telling my wife (she has own seperate funds/job and I just pay mortgage while she handles groceries) why it’s not so important for me to plan/budget or be too concerned about spending most my annual bonus on travel etc. I think she is trained to think we all should perpetually save more and I don’t see the point of intentionally doing it for my situation where I have 1 yr emergency fund and maxing out 401k+ Roth Ira with no desire to retire early.
+
+Edit : I make $180k in Philly area and feel that even if I get laid off I should be able to get comparable job since I do spend effort making sure my resume/skills are highly competitive for my industry which is big pharma  (and feel confident if I  have to go to new industry that my educational pedigree, network, and career experiences should get me good six figure job).
+Okay I have around ~30k in the bank. Should I spend like 20k on my bills, aka my college bills and car bill. I was talking to a friend about it and she says well you have the time to pay off my college loans and car bills so take the time. 
+
+Something I was thinking of investing into is homes, I want to buy a home and rent it out becoming passive income with small profit but eventually once it’s paid off it’s mostly going to be profit. 
+
+But I’m thinking when I should do that, should I save up and do that in the next 2-3 years or should I try to get rid of all my debt aka the college loans and car bill first. 
+
+I owe 20k college 
+I am planning to buy a new car and it’ll be around 25k~
+Hey all...curious to know what everybody on here does for a living. For me and I think many others using this sub...being a full time day trader would be nothing short of a dream job.
+
+I’ll start...I’m currently back serving my time as an auditor for a company that produces the metal that’s used for airplane turbines. I was laid off for most of Covid and took full advantage of it by focusing completely on honing in on my trading skills and abilities. I was recently asked to come back and reluctantly had to say yes as I’m not quite where I want to be as a trader to where I can comfortably do it full time. The mental and psychological obstacles of day trading have been a real challenge for me.
+
+Edit: I originally saw a post like this on the day trading sub and thought it would be interesting to ask here.
+
+Edit#2: Thanks for all the replies! Cool to see all the different ways we make a living and yet share this crazy addictive passion of trading forex!
+Remember this was a small setup company registered in USA. They were taking funds from customers and going balls deep in Anchor for that 20% gains without telling their customers. Now they have lost $42M of funds.  
+
+
+​
+
+[Registered company.](https://preview.redd.it/241m134kxf091.png?width=448&format=png&auto=webp&s=677c23cfc939632e7dbd56e642376252bc1cb3bf)
+
+They have updated the article after UST crash. All of there holdings were in UST.
+
+​
+
+[OUCH](https://preview.redd.it/29s4phqpxf091.png?width=742&format=png&auto=webp&s=abc6667b387f01884d28e32c786c80a38df78c19)
+
+It gets worse, you thought they would have changed after the crash well no  
+
+
+​
+
+https://preview.redd.it/pe3d9bbwxf091.png?width=696&format=png&auto=webp&s=e9664ec228e29547d4eec35d4ca145263536698c
+
+​
+
+[They updated their site after UST crash.](https://preview.redd.it/cpb87g84yf091.jpg?width=939&format=pjpg&auto=webp&s=f58eff0b28ed749f4b18a5236e5bb3aaecb9d348)
+
+Source: [https://twitter.com/FatManTerra/status/1527153694218797058](https://twitter.com/FatManTerra/status/1527153694218797058)
+I’m on a placement year currently in another city so this isn’t relevant for a few years time but I’m in the somewhat strange/lucky situation of having my mother rent a flat in central London. Brother is currently in the spare room but he’ll be gone by next year. 
+
+I’ll be on a grad scheme when I finish uni but absolutely love London and would like to live there. Just wondering if it’d be socially terrible / embarrassing to live at home for a few years because my mother wouldn’t charge me rent for using the spare room? I’ve lived away from home plenty before and am doing so currently and would feel perfectly independent etc but it almost feels stupid to live several zones out and pay £800-1000 a month for a room in a hmo when I could just stay rent free in central? Mum would be okay with it but I’m just wondering on your thoughts because I’ve always done the other path and feels like I’d like to save more money. I’m currently in another city for my placement and pretty frustrated with myself when I could have done it in London and saved all the rent money! Like the experience is nice but is it £8k nice? I’ll be 24 when I graduate tho so I don’t know if that’s a bit old…just wondering on your thoughts?
+
+Edit; I’d contribute towards somethings but she wouldn’t take much from me to making up for some difficult situations I had in my childhood where living situations affected me severely so she said she’d be happy to help me get a deposit together but obviously it couldn’t be in London
+
+Edit 2: thank you very much for the responses. Really appreciate all the advice. I won’t respond to them all as there are lots but I have read them all and really appreciate all your thoughts.
+What's up GME Stonkhodlers?
+
+It's me Gherkinit here to drop another load of technical analysis and some fundamental predictions on you.
+
+As always later tonight I will post a consolidated [Video DD of this on my YouTube](https://www.youtube.com/c/PickleFinancial) for those of you that don't have the time to read through this, or have reading comprehension issues it will be posted by 10pm EDT.
+
+Edit 1: Up @ 10:30pm EDT
+
+\**a note on this in the conclusion*
+
+This last week was a pretty wild ride so let's look into what happened and why.
+
+# Preamble : ATM Offering and the Future of GME
+
+Something we definitely need to cover this week, as It greatly affects all the TA being done on this stock whether it is the exponential floor, Elliot Waves, or my own indicator back strategies. Whichever TA you follow you must understand that a fundamental change of this nature with no warning is going to affect them all negatively.
+
+GME has more than likely sold **most or all** of it's ATM offering. While this action makes sense and ultimately benefits the companies long-term transition plans, I still want to address some of the concern I've heard over the last several days and dispel any FUD that may arise from this.
+
+1. There are multiple indicators that correlate an ATM share offering, I covered OBV and VWAP in my daily threads this week. These two DD's cover a lot of concerns and hopefully will help shed addition light on this sometimes confusing topic [DD1](https://www.reddit.com/r/Superstonk/comments/ny9l3t/hypothesis_the_gamestop_at_the_market_offering_is/) and [DD2](https://www.reddit.com/r/Superstonk/comments/nxkuvw/clarification_of_when_gamestop_will_issue_a_press/). I will be basing my TA this week on this sale being completed.
+2. **The shorts are going to cover!??**....No, the shorts didn't cover at 40 they didn't cover at 157 (the last offering of 3.5m shares) and they definitely are not going to cover at 255. Even if they got their hands on all 5M shares the primary thesis that backs GME already assumes a SI% greater than 140% (80M+ shares) of the free float, so 5M shares wouldn't even make a dent.
+3. **Why would they do this right away?** Well with RC now official at the helm, and the CEO CFO announcements I think we will start to see a lot more moves out of GME. GME has been sitting through a lot of stagnation over the last few months as we waited for many of these changes to take place. Now that control of the company has been ceded over to Cohen & Co. I think we are going to start see announcements of the bigger shifts in company direction start rolling in. These things cost money, they should now have the capital on hand to pay for them.
+4. **What Happens Now?** Well with the new leadership officially at the helm the first thing we are going to see is renewed interest from long funds as GME is now going to be seen as a strong long term investment with lots of growth potential. The lack of leadership during this transition period has definitely kept them and other more conservative investors at bay. The Russel Reconstitution occurs this month as well. As of May 7th (Rank Day) GME had a market cap of $11.97B, the Russel 1000 requires a market cap of $7.3 billion for transition. It would appear that GME will in fact be making the transition according to a statement by Catherine Yoshimoto (FTSE Russell’s director of product management). Both of these changes indicate greater interest from a much broader swath of investors. These factors should create lots volatility in the Short term as investors scramble to pick up shares of what we have know all along to be a damn good stock.
+
+[Russel Reconstitution Schedule for June, 202. Changes take effect after market close on the 25th ](https://preview.redd.it/9eo2rd5c72571.png?width=982&format=png&auto=webp&s=feaee5b9fc91eb9d184d86bacbd78a4fa7719369)
+
+# Technical Analysis
+
+**The Ascending Channel**
+
+This [broadening formation](https://www.investopedia.com/terms/b/broadeningformation.asp) trend I think will continue into this week. We will either ascend back into our original channel or begin a continuation of the previous weeks trend in this new lower channel. This Monday and Tuesday's price action will determine where the new channel will form. This shift accounts for any deviation that occurred from the ATM offering. I do believe that the underlying thesis that backed the start of this formation still holds true. Interestingly, most of the volume traded during the downtrend on Thursday and Friday was traded within the bounds of the original channel so this deviation may not be as severe as it appears.
+
+[Diagram of original channel and possible new channel accounting for ATM offering. 4h timescale. ](https://preview.redd.it/ssr99lj3d2571.png?width=2022&format=png&auto=webp&s=33c930a95dae228ed44df7b849ece0912671ee57)
+
+The bounce we saw on Friday from the low of $206.13 also seems to be confirmed by ADX [(more here)](https://www.investopedia.com/articles/trading/07/adx-trend-indicator.asp)
+
+[ADX indicator on the 4hr](https://preview.redd.it/5ot4q03cf2571.png?width=1493&format=png&auto=webp&s=bd42c59bca30e4678cb70dbccc04e280133a0eb9)
+
+Lastly the exponential rate of growth at the beginning of each week still held true this week even though the possible share offering ate into that growth. This is my predicted price action for the week. Likely test of 320 with a possible test of 350 before the end of week consolidation begins.
+
+[Exponential Growth Pattern](https://preview.redd.it/b803svogh2571.png?width=1489&format=png&auto=webp&s=66e8c389352eac7286d1ba3845a79e1819f1b109)
+
+I still stand by my [short inflation theory](https://www.reddit.com/r/Superstonk/comments/n8qlbh/jerkin_it_with_gherkinit_forward_looking/) and continue to assume a lack of value in GME short sales. As such I expect the pattern from the previous 23 trading days to resume on Monday.
+
+**The Perfect Cup & Handle**
+
+While this is one of my least favorite [indicators](https://www.investopedia.com/terms/c/cupandhandle.asp), sometimes they are just to perfect to ignore. The presence of other indicators and it's basically perfect three month formation are signaling that this one has some merit.  As ADX and 50/200 Moving averages also confirm the potential breakout. When cup and handles work they are a beautiful thing, realizing potential price targets of 1.5-3x the upper resistance which in this case would be between $525 and $1,050.
+
+[Potential breakout to all time highs](https://preview.redd.it/csixp0hrk2571.png?width=2455&format=png&auto=webp&s=cff058dd9c6d976f1fe7f553f45be8b7cf35345f)
+
+# Conclusion
+
+It looks like everything is back on track for another week of steady growth. But, please remember as we move closer to these high volatility events, such as the Russel 1000 listing, that we will see a breakdown in the accuracy of some technical indicators and improvement in others. As always these indicators present a way to understand constantly changing information and in no way predict the future just the probability of certain movements. I will as always update the daily live charting with any relevant signals on CV\_VWAP if we have any notable arbitrage.
+
+If you want to see more information on this subject matter feel free to join me in the :
+
+Daily Live charting (always under pinned posts on my profile [u/gherkinit](https://www.reddit.com/u/gherkinit/)) from 8:45am - 4pm EDT on trading days
+
+On my [YouTube Live Stream](https://www.youtube.com/c/PickleFinancial) from 9am - 4pm EDT on trading days\*
+
+Or over on my communities [Discord](https://discord.gg/BGmjnrvHnw)
+
+or for memes and other fun stuff on [r/dillionaires](https://www.reddit.com/r/dillionaires/)
+
+As always thank you for the support
+
+🦍❤️
+
+\- Gherkinit
+
+P.S. For those of you with positions in [$PERM](https://www.youtube.com/watch?v=zV_Mf7SbA34) I'm off to facilitate this...
+
+# Disclaimer
+
+*\*My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+\* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
+I figured this could be a good place to ask. I live in nyc, and we’re looking at buying a place in aspen/park city/Jackson hole and spending winters out there. 
+
+We have a 55lb golden and would love to bring him, though with all the airlines cutting ESA support unsure how to do it. I’m not looking to spend 20-50k on private flights, and some of the private carriers I’m familiar with (XO) have limited routes. I’ve gone as far as considering getting a fancy van and leaving it at the property and paying someone to come get us and drive back, but don’t want to spend several days on the road. 
+
+People on this sub, how do we pull this off?
+So I am a 3rd year college student on my way to completing an economics degree in five years. I have taken calculus 2, I'm in a stats class now, and have a decent understanding of mathematics. 
+
+I want to pursue a career in finance, but I don't think I will get much of an education in financial mathematics with my economics degree. Sure I'll take some financial banking classes, but I don't think I'll learn a whole lot of finance math. 
+
+My question is, where can I learn financial mathematics online? Or is there something else I should focus on learning? Thanks guys, any help is appreciated!
+Hi 👋- I was wondering if someone had done calculations about the required NW to retire in a continental European country such as France, Netherlands, Denmark or Sweden? 
+
+All these countries have free education and a lot of support for kids and families. Moreover, even though it’s not great countries to create wealth it’s pretty good to maintain and be good if one can get a full time job there given employees have so much perks (vacation, PTOs etc..)
+
+There are loads of articles about how one needs $1-2m minimum in the US to retire fire and basically $10-20m for fatFIRE but it seems very little how much you need in Europe. Would love your thoughts 
+
+Thanks 👋
+I have a 6 month emergency fund that I was saving £100 pcm into, up to it being fully funded.
+
+Additionally I’ve always put £50 into a separate bank account called ‘rainy day’. This basically means if I get a parking ticket, something unexpectedly breaks, or I lose £20 etc, I dip into this account to cover it.
+
+It’s provided me with such good mental well-being  and now if ever I get one of the above annoying things happen to me, it never ruins my day. Recently I had to get a last minute (expensive) taxi to the airport as my train was delayed and I felt angry for about 1 minute until I realised I would just pay for it from this account. 
+
+I’m not sure if anyone else does the same? There’s nothing much to this post, just that it’s really helped me and might help others out too.
+Posted by Nova & Carob 
+
+To be clear from the inception of this DD, the purpose here is to shine a light on Hedge Funds and companies that are shorting AMC/GME and/or buying puts against AMC/GME. This light comes from a private community of Apes that have been looking very closely into the activities and inner workings of Citadel and friends. Our community intends to be as transparent as possible with everyape in our family, so we have made a unanimous decision to come forward here in this DD to all of you. We have coined the name The ApesOnWallStreet and before getting into the really good stuff we, Nova and Carob, want to personally provide some information about the Apes in our community. 
+
+And a small message from Carob; I’m good apes, thank you for your support, hope you enjoy reading our findings.
+
+**The ApesOnWallStreet** 
+
+* We are a group of a few Apes that have been talking behind the scenes and merging the few wrinkles on our brains to form one very, very wrinkly Ape mind. The present goal is to create, review, and assist with DD’s to help the Ape community grow in knowledge!
+* I personally am extremely grateful for this opportunity to be a voice against the players trying to manipulate the system. I speak for all of us when I say how grateful we are, to all of you who read our DD’s and for all of your support. Every message, every upvote, every sentiment of encouragement expressed just reinforces our dedication to all of you and our drive to learn & uncover more. 
+
+I, Nova, The Student of Psychology, have nothing but the utmost love for every single ape, for all the huddled masses and for everyone struggling in this extremely complicated world of ours.
+
+We were brought together by Moczak9, who read all of our DD’s and reached out to all of us to bring us together in the belief that we could be a stronger force united. So far, I think he was right. I personally, am extremely grateful to him for this opportunity to be a powerful weapon against a very devious enemy. I personally never imagined that I would ever be part of something like this and now, honestly, I can’t imagine a world without all of you. 
+
+# Reddit Usernames ;
+
+u/TheNovaeterrae 
+
+u/moczak9 (Founder) 
+
+u/-Amewthyst- 
+
+u/FuckYouWithAloha 
+
+u/umu68 
+
+u/autistic-lord 
+
+u/Horror_Carob2817 
+
+u/GGGGG
+
+**Now, let’s get to the juicy part**. You all know I, Nova, love my links and this DD will be full of them. We will only include information that is readily accessible to everyape. No speculation. No opinions. I may include a small motivational speech because I have a need to add at least a dash of emotion into everything I do. It’s my empathy that gives me my greatest strengths as a human being and I am so much less than I am, without that. But most of this will be facts. And links. And pictures. From the links. I hope this helps. 
+
+# PART A. THE CONNECTION BETWEEN VIJAYABALAN MURUGESU OR (BALAN FOR THOSE WHO CAN’T PRONOUNCE HIS NAME) AND CITADEL;
+
+Now, most of you might be wondering who is Balan? He isn’t mentioned anywhere on any other DD or anything we’ve seen that has to do with AMC, GME or Citadel. Well, hold onto your seats. 
+
+This is Balan. 
+
+​
+
+https://preview.redd.it/rkar9fxiekt61.png?width=225&format=png&auto=webp&s=77cbe0cd31beea4e14b20e00da9016ddb67e5670
+
+Link: Where we found his face. 
+
+[https://www.thestar.com.my/news/nation/2005/06/12/global-malaysians-network-spreading-afar](https://www.thestar.com.my/news/nation/2005/06/12/global-malaysians-network-spreading-afar)
+
+If we start pulling the thread on Balan, you may first encounter Offshoreleaks. On offshore leaks you’ll find 3 entities, all of which are named Redmile. I included a picture below. 
+
+​
+
+https://preview.redd.it/rhz7tlyjekt61.png?width=512&format=png&auto=webp&s=0ed5b9e1afcbdd864c7c80a35c67cb621923edbc
+
+If you then search for Redmile, you may encounter the following SEC Report. 
+
+( Link: [https://sec.report/Document/0001472225-13-000001/](https://sec.report/Document/0001472225-13-000001/) )
+
+Here I want to show you the Form D/A Redmile Strategic Offshore Fund, Ltd D/A \[Amend\] - Notice of Exempt Offering of Securities. This was published January 25th, 2013 at 17:42:45. It was submitted on January 28th, 2013. The filing agent is RedMile Ventures, LTD. Now upon opening this SEC Report, the first message you will see is that “The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete.” 
+
+Make of that what you will. 
+
+The jurisdiction here is the Cayman Islands. You’ll see this location quite a few times as you look into Redmile. The reason being, is that the Cayman Islands are Balan’s and Ken’s wet dream palace. Gross, I know. And sorry, that is an opinion, someone might be into that, who knows? Anyway, the Cayman Islands is well known as one of the best tax havens of the world. According to Claire Boyte-White’s article, titled “Why Are the Cayman Islands Considered a Tax Haven” on Investopedia; “Unlike most countries, the Caymans don’t have a corporate tax which is a tax on the profits of a corporation”. This makes it an incredible place for multinational corporations to base subsidiary entities which then act as shields to some or ALL of their incomes from taxation. I’ve included a link below so you can read all about it. 
+
+( Link: [https://www.investopedia.com/ask/answers/100215/why-cayman-islands-considered-tax-haven.asp](https://www.investopedia.com/ask/answers/100215/why-cayman-islands-considered-tax-haven.asp) )
+
+Now as you look into Redmile eventually you’ll also notice the name of Jeremy Green. He is noted as the executive officer of Redmile Group, LLC, the Investment Manager of the Issuer. Here’s his face. 
+
+​
+
+https://preview.redd.it/5a82pqfvekt61.png?width=263&format=png&auto=webp&s=bebc908a5ee50d57fd667471ac00c5842ce809f1
+
+Link: As a favor to you all, we will not lead you to where we found his face. You’ve seen enough. 
+
+Now according to Fintel, “Redmile Group, LLC has disclosed 87 total holdings in their latest SEC filings. 
+
+Most recent portfolio value is calculated to be $ 8,258,586,000 USD.” 
+
+This Fintel link has more information here about actual assets under management and so on -> [https://fintel.io/i/redmile-group-llc](https://fintel.io/i/redmile-group-llc) 
+
+But they only matter to me for one peculiar reason. Which is this link - > [http://lacapitalmanagement.com/6pp3bl9m/redmile-group-founder-4f87bf](http://lacapitalmanagement.com/6pp3bl9m/redmile-group-founder-4f87bf) 
+
+Don’t worry Andrew, I won’t make you click the link. I know you don’t want to do all that so I’ll make life easier for you and all of the Apes watching your video because I love all of you so much (there go those freaking emotions again). In the link you will find “Additional Series B investors included *Westlake Village BioPartners*, Kleiner Perkins, Cowen Healthcare Investments, *Acorn Bioventures,* HBM Partners, Perceptive Advisors, and **Surveyor Capital (a Citadel company)**”. 
+
+Ken’s Stupid Face. 
+
+​
+
+https://preview.redd.it/mtkpn1kwekt61.png?width=512&format=png&auto=webp&s=faf226c8732912282f7aec243d5f60c16901bba2
+
+**Redmile Special Opportunities Fund LTD** 
+
+In between the years of 2019-2021 - Redmile profits skyrocketed. During a pandemic. Their profits...skyrocketed. So while everyone else was losing money, theirs Skyrocketed. If you are still confused, here is a graph to display this. 
+
+​
+
+https://preview.redd.it/9obd70qxekt61.png?width=512&format=png&auto=webp&s=3e0e042b6cbc0a44704cd4c9a48fceaa3389d312
+
+The graph can be found on this link that was provided to us by our very own, Lisbeth Salander AKA Amewthyst - > [https://aum13f.com/fund/redmile-special-opportunities-fund-ltd](https://aum13f.com/fund/redmile-special-opportunities-fund-ltd)
+
+As an added tidbit, Custodians listed under Fund Details include the following… 
+
+The Northern Trust International Banking Corporation, Morgan Stanley & Co LLC, Morgan Stanley Institutional Liquidity Funds c/o Morgan Stanley Services Company Inc, JP Morgan Clearing Corp, JP Morgan Securities LLC, Morgan Stanley Private Bank National Association. 
+
+# PART B. Balan and his HedgeFund friends;
+
+Let’s face it, what would a world be for Balan if he only had one HedgeFund friend? That’d probably be so empty, so lonely. That cannot be. Balan and Ken need friends. So we are going to dive into what Hedge Funds Balan is actually connected to, and it is a ton, probably even more than we were able to find. 
+
+*Broad peak fund II LTD.;* 
+
+A Singapore based company named Broad Peak Fund is connected to Balan, in the Caymans and others from there. ( Link: [https://www.sec.gov/Archives/edgar/data/1743736/000174373619000002/xslFormDX01/primary\_doc.xml](https://www.sec.gov/Archives/edgar/data/1743736/000174373619000002/xslFormDX01/primary_doc.xml) ). This company is based in several locations, the locations being; Singapore, Oregon and the Grand Cayman. A man named Syed Hyder Ahmad ( we will call him SHA for short ) is also connected to this company through the SingaPore based firm. Now you may ask who this is man? Well, this man is the founder of this company, Broad Peak Fund, but he founded it after he had resigned from his post from another well known company you might possibly recognize, ***Goldman Sachs***. He was the Co-Head of securities for Asia, after he resigned from his position he went on and started Broad Peak Investments, and of course, as we all could’ve guessed, Goldman Sachs is also on the list of custodians. 
+
+[https://www.globalcustodian.com/goldman-sachs-director-resigns-to-reportedly-start-his-own-asian-hedge-fund/](https://www.globalcustodian.com/goldman-sachs-director-resigns-to-reportedly-start-his-own-asian-hedge-fund/)
+
+*Pura Vida Investments LLC;*
+
+Pura Vida being the name of the onshore company based in the US, they have an offshore fund that is called Pura Vida Offshore fund ONE, get it? The ONE because there are multiple -\_-  Just like the other funds that Balan is connected to, this offshore fund is also based in the Caymans. The offshore funds are runned by; Ballan, Martin Laidlaw and Philip Hughes. We will call them the *Trio of Trouble* from now on. I’m sure they’ll love that. 
+
+1: [https://sec.report/CIK/0001637529](https://sec.report/CIK/0001637529) 2: [https://sec.report/CIK/0001774263](https://sec.report/CIK/0001774263) 
+
+*140Summer partners LP;*
+
+And yet again another US based Hedge Fund that is associated with Balan! They own 3 onshore funds under the name 140 Summer Partners Onshore, 140 Summer Partners LP and 140 Summer Partners Fund GP LLC. For these 3 onshore funds they also own 2 offshore funds under the names; 140 Summer Partners Offshore LTD and Summer Partners Master fund. The Offshore funds have only posted a Securities offering once, now this isn’t something to worry about since they have been in business for only a year. The company has a total of assets under management (AUM) of around $2.6 Billion in their first year. 
+
+​
+
+https://preview.redd.it/wlnbsy50fkt61.png?width=512&format=png&auto=webp&s=447ac94fe0ab60d1c520f7cea205c894e3d5ce3d
+
+You see that perfectly normal rising line in every single chart? Yeah we do as well, this isn’t normal stuff unless some bigger company decided to invest in them and gave them a boat load of money.
+
+Conveniently enough they have sold the biggest amount of their assets through the fund in the Caymans. The onshore fund sold assets as well, but it was 30% less than what we are seeing in the Caymans.The only thing that the Fund in the Caymans has done is sell their securities, nothing else has been reported from there, *how convenient.*  [https://sec.report/CIK/0001813446](https://sec.report/CIK/0001813446) 
+
+  
+
+
+https://preview.redd.it/9l0nmab1fkt61.png?width=422&format=png&auto=webp&s=b9b7245f0a82b5b02da9e1ac29021fe7a6a0101b
+
+*Pharo Trading Fund;*
+
+Last but not least for now is *Pharo trading fund*, this is a big company all around the world. So why did this spark our interest? It’s not obviously not because Balan is on there because he obviously is. But the fact that the Pharo Trading Fund, LTD. based in the Caymans has only sold stock, for multiple years, I repeat, they have only sold stock but have never bought any ( At least not by filing them ). 
+
+​
+
+https://preview.redd.it/39hpkr72fkt61.png?width=512&format=png&auto=webp&s=74c27defb5190296925c8e22476da57b4404e29c
+
+Every single year they have offered securities/stock around the same time, the only year that stands out to us is the year of 2020 where they were 2 Months late when they previously never were. All of the directors got paid a nice bonus of $10k per person every single year for filing these reports.
+
+​
+
+https://preview.redd.it/9gv6w8l3fkt61.png?width=512&format=png&auto=webp&s=4b5dfc441a448cc53b30d981c4ca1374d04e6edc
+
+Our man Balan is on the board of directors for this company as well as; David Bree and Peter Rioda. Let’s say that our man Balan has made a nice profit from only this company alone (around $100k), very lucrative business as you may see, and this is just one of the examples of many. 
+
+[https://sec.report/Document/0001085146-19-001050/](https://sec.report/Document/0001085146-19-001050/) 
+
+# Part C. THE ENEMY 
+
+Apes have really only been seriously fighting amongst each other on one thing. GME vs AMC. The great divide. The only thing that has seemingly separated apes is the fact that there are 2 stocks with incredible squeeze potential and because most of us are nerds, we believe that there can only be one. One stock to rule them all, one stock to find them, one stock to bring them all and...okay I’ll stop, I’ll stop…
+
+​
+
+https://preview.redd.it/b6h961z4fkt61.png?width=133&format=png&auto=webp&s=dfb3a9a75b2c9e05f620ed4efbab6ceb2507f058
+
+AND IN THE DARKNESS BIND THEM! I’m sorry I couldn’t stop. You know that! You know that. But, I digress. Either way, you get it. Well, well, well, how we were all oh so wrong. Because the fact that there are 2 is exactly how we find the enemy. See the enemy of my enemy is my friend. And in this case, the enemy of AMC is also the enemy of GME. If you aren’t following me here, I’m saying that's the connection. These 2 stocks move together like a dance.  
+
+​
+
+https://preview.redd.it/0vbrofu5fkt61.png?width=512&format=png&auto=webp&s=b32ff1532c51491528cebd3aa128e3c3a6ebec1b
+
+So stands to reason...that they share common enemies. Now, we’re not going to completely release all their dirty secrets on this one DD but I have a feeling they’re going to come across this. I just got a feeling. 
+
+And I’m curious how much of them are going to enjoy all the attention they have coming their way in future DD’s. Here are a few of the names of companies that are interested in what AMC and GME are both doing as of late. 
+
+Make of it what you will. 
+
+[ADVISORNET FINANCIAL, INC](https://whalewisdom.com/filer/advisornet-financial-inc)**(PUT)** 
+
+[SUSQUEHANNA INTERNATIONAL GROUP, LLP](https://whalewisdom.com/filer/susquehanna-international-group-llp)**(PUT) & (CALL)**
+
+[**PRIVATE CAPITAL GROUP, LLC**](https://whalewisdom.com/filer/private-capital-group-llc) **&** [**PRIVATE ADVISOR GROUP, LLC**](https://whalewisdom.com/filer/private-advisor-group-llc) **(PUT) & (CALL)**
+
+[**FLAGSHIP PRIVATE WEALTH, LLC**](https://whalewisdom.com/filer/flagship-private-wealth-llc)
+
+[**EVERENCE CAPITAL MANAGEMENT INC**](https://whalewisdom.com/filer/menno-insurance-service-inc-dba-mma-capital-management)**(?)**
+
+[**DIMENSIONAL FUND ADVISORS LP**](https://whalewisdom.com/filer/dimensional-fund-advisors-inc)**(?)**
+
+[**HUDSON BAY CAPITAL MANAGEMENT LP**](https://whalewisdom.com/filer/hudson-bay-capital-management-l-p)**(?)**
+
+[**UBS ASSET MANAGEMENT AMERICAS INC**](https://whalewisdom.com/filer/ubs-global-asset-management-americas-inc)**(?)**
+
+[**HSBC HOLDINGS PLC**](https://whalewisdom.com/filer/hsbc-holdings-plc)**(?)**
+
+[**SCHRODER INVESTMENT MANAGEMENT GROUP**](https://whalewisdom.com/filer/schroder-investment-management-group)**(?)**
+
+[**ALYESKA INVESTMENT GROUP, L.P.**](https://whalewisdom.com/filer/alyeska-investment-group-l-p)**(?)**
+
+[**PRINCIPAL FINANCIAL GROUP INC**](https://whalewisdom.com/filer/principal-financial-group-inc)
+
+[**SCULPTOR CAPITAL LP**](https://whalewisdom.com/filer/oz-management-lp)**(PUT)&(CALL)**
+
+[**JPMORGAN CHASE & COMPANY**](https://whalewisdom.com/filer/j-p-morgan-chase-co)**(D) ALL OF THE ABOVE**
+
+[**UBS OCONNOR LLC**](https://whalewisdom.com/filer/ubs-oconnor-llc)**(PUT)**
+
+[**IMC-CHICAGO, LLC**](https://whalewisdom.com/filer/imc-chicago-llc)**(PUT)&(CALL)**
+
+[**CITADEL ADVISORS LLC**](https://whalewisdom.com/filer/citadel-advisors-llc)**(D) ALL OF THE ABOVE**
+
+**(WILL ORGANIZE BETTER LATER WITH** **MUCH** **MORE DETAIL)**
+
+So that’s it. It’s just these companies. Just 18. That seems like more than enough friends right? No. Not enough. So let’s find more of Ken’s friends, we want to really set up that playhouse. 
+
+### Antara Capital LP ownership in CLVS / Clovis Oncology Inc
+
+2019-11-14 - Antara Capital LP has filed a 13F-HR form disclosing ownership of 0 shares of Clovis Oncology Inc (US:CLVS) with total holdings valued at $0 USD as of 2019-09-30. Antara Capital LP had filed a previous 13F-HR on 2019-08-14 disclosing 50,000 shares of Clovis Oncology Inc at a value of $743,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter.
+
+Antara Capital LP has a history of taking positions in derivatives of the underlying security (CLVS) in the form of stock options. The firm currently holds 0 call options valued at $0 USD and 42,500 put options valued at $204,000 USD .
+
+Other investors with closed positions include [Canada Pension Plan Investment Board](https://fintel.io/so/us/clvs/canada-pension-plan-investment-board), [Soros Fund Management Llc](https://fintel.io/so/us/clvs/soros-fund-management-llc), [**Citadel Advisors Llc**](https://fintel.io/so/us/clvs/citadel-advisors-llc)**,** [**Invesco Ltd.**](https://fintel.io/so/us/clvs/invesco)**, and** [**Redmile Group, LLC**](https://fintel.io/so/us/clvs/redmile-group-llc)**.**
+
+A substantial portion of the Company’s options, clearing and financing activities are with a **Bank of America Merrill Lynch subsidiary (“BAML”).** These positions are recorded at fair value under securities owned on the statement of financial condition. This results in a concentration of operational and credit risks with BAML. Such risk, however, is partially mitigated by the obligation of certain of these financial institutions to maintain minimum net capital and to segregate customers’ funds and financial instruments from the financial institution’s own holdings. 
+
+**Merrill Lynch. That’s it. Just Merrill Lynch.**  
+
+**And for the internet's sake, Wikipedia.** 
+
+* [***The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It***](https://en.wikipedia.org/wiki/The_Quants)
+* [***Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning***](https://en.wikipedia.org/wiki/Merrill_Lynch,_Pierce,_Fenner_%26_Smith_Inc._v._Manning)**, a 2016 Supreme Court case involving** [**naked short selling**](https://en.wikipedia.org/wiki/Naked_short_selling) **claims against Citadel Derivative Group and Merrill Lynch, and others.**
+
+Well, we’ll end this section here for now but trust that we could have kept going on for days. But know that we fully intend to dive further, in multiple DD’s with each one going really in depth into who runs these companies, how they run their companies, and just doing our part to make sure that everything is being done above board. Just, you know, to help out the SEC because they are just so busy these days, having to read and everything. Y’know that’s pretty new for them so we really just want to help out and we are very ready to take on these responsibilities. But, all jokes aside, does anyone reading this know what the best part of this is? 
+
+We don’t even want a paycheck. We’re not charging anyone, for any of this. Wouldn’t take it. Because even though we live in a Capitalist Society that serves as a breeding ground for corruption, I personally, prefer to look at it as a test of human virtue. Will a person try to create something that helps humanity regardless of how much they make? Will a person deny a Million dollars so his employees can all get better pay? Will a person hoard all the money they can while others struggle? Will a person choose the easy way to live, or the hard way? The moral way. In service of others. I personally think corruption has an expiration date. Maybe. I sure hope so. 
+
+Alright, speech over. More links below. Links on links on links. And pictures. These links include compelling information about what has been said in this DD and maybe a bit more. Sorry Andrew, but we think these links speak very loudly enough for themselves. Thank you all for taking the time to read this. I hope you have a new wrinkle now. 
+
+**--------------------------------------------------------------------------------------------------------------------------------------**
+
+**https://fintel.io/so/us/clvs/antara-capital**
+
+**https://www.bloomberg.com/news/articles/2021-03-03/citadel-hires-apollo-s-head-of-corporate-credit-trading-barratt**
+
+[https://www.sec.gov/Archives/edgar/data/1146184/000114618420000006/CDRG\_StmtFinCndtn2019.pdf](https://www.sec.gov/Archives/edgar/data/1146184/000114618420000006/CDRG_StmtFinCndtn2019.pdf)
+
+**--------------------------------------------------------------------------------------------------------------------------------------**
+
+# JPMorgan Sells $13 Billion of Bonds in Largest Bank Deal Ever 
+
+# --> [https://finance.yahoo.com/news/jpmorgan-sell-13-billion-bonds-184602000.html](https://finance.yahoo.com/news/jpmorgan-sell-13-billion-bonds-184602000.html)
+
+\--------------------------------------------------------------------------------------------------------------------------------------
+
+# Cayman Law Bars Suit Over $1B Fund, NY Appeals Court Says
+
+May 29, 2013 by [owbewcirk](https://www.ieyenews.com/author/owbewcirk/) 
+
+[https://www.ieyenews.com/cayman-law-bars-suit-over-1b-fund-ny-appeals-court-says/](https://www.ieyenews.com/cayman-law-bars-suit-over-1b-fund-ny-appeals-court-says/)
+
+\-----------------------------------------------------------------------------------------------------------------------------------
+
+​
+
+https://preview.redd.it/z6w78n97fkt61.png?width=512&format=png&auto=webp&s=910f6096e29b1c2ba7f1e942adb56d73d30d6bbe
+
+If everything stays the same, rest assured the next web will also be more vast and a bit more detailed. Or significantly more detailed. (Cough, cough, Hydra, cough). 
+
+**--------------------------------------------------------------------------------------------------------------------------------------**
+
+# Part D. Honest workers, Citadel doesn’t care;
+
+So you are an ape that has worked their entire life from 9 to 5, you have earned some good pension by now right? Well you do, but Citadel and other funds DO NOT care about that, by investing with brokers from the Caymans they don’t have the protection that they do in the US. They do not care about losing retirement money, as long as it is in their best interest. They invest in risky businesses without having a good broker that has the same regulators as in the US.
+
+We are talking about millions of dollars they are stealing from the pension funds, and no they do not care about this at all. Firefighters, hospital workers, teachers, they’re basically scamming every single one of them for their own gains. They set these Shell funds up to protect themselves and nothing else. They care about 1 single person in the world and that is themself. So what is our duty now? Go out and show that this behaviour is no longer accepted, show them who's boss and that is US APES.[http://pensionpulse.blogspot.com/2017/11/the-grand-cayman-pension-scam.html](http://pensionpulse.blogspot.com/2017/11/the-grand-cayman-pension-scam.html) 
+
+We hope you all have enjoyed reading our research and this is only the surface that we’re scraping right here. We are coming out with way more in the future, we love all of you guys. All of our PM’s are always open if you have any questions regarding the stocks. Except for Amewthyst. She will block you. 
+
+There are great men, and then there are good men. 
+
+***This is not financial advice in any way, we are not financial advisors. We are apes that happened to be put in the same cage at the right time.***
+
+***Dming you now Amewthyst \~ Carob***
+**“The FED is the Greater Fool…” Part 2...**
+
+**Prior to the Covid Crash in March of 2020, the FED was still bag hodling Bulge Bank toxic MBS debt from 2008. The FED MBS purchases were single handedly holding up the residential real estate market in the United States. Covid killed that market and now the large Banks are selling more MBS to the FED than ever before… This has caused the FED to lose support of the MBS market and it looks like all the marvelous DD written by our wrinkle brain APE FAM is finally coming to fruition…**
+
+u/MilkDud2000
+
+Since FED purchases began in 2008, the FED has never offloaded any of these securities… **The FED is still bagholding the bulge banks MBS securities from 2008.**
+
+**And everyone knows what happened to the price of real estate…**
+
+[Source: https:\/\/fred.stlouisfed.org\/series\/CSUSHPINSA](https://preview.redd.it/00046p5ngs291.png?width=1272&format=png&auto=webp&s=43c6669bb37875c7b5fd48ae3b84e6cd5b6ae9d6)
+
+**Home prices are crazy and certainly not being sustained by the middle class…**
+
+The FED is sitting on…. Nearly $2.7 trillion in overvalued mortgages, and nearly $6 trillion in bonds, which pay 0-3pct with maturities as wide as 30 years.
+
+[Source: https:\/\/fixedincome.fidelity.com\/ftgw\/fi\/FILanding](https://preview.redd.it/5zghjpmqgs291.png?width=1284&format=png&auto=webp&s=30e3e269b0f22f74fd105be72b0a83322b8b1457)
+
+I took a screenshot of bond yields from Fudelity.
+
+Yields have come up, because bonds have sold off, for example, 6.32% on a 10 year corporate is a good yield in this environment. But it’s likely those corporations will default before 2032.
+
+Inflation is high… 8.5% at last update.
+
+[Source: https:\/\/www.usinflationcalculator.com\/inflation\/current-inflation-rates\/#:\~:text=The%20annual%20inflation%20rate%20for,at%208%3A30%20a.m.%20ET. ](https://preview.redd.it/uz1clbevgs291.png?width=634&format=png&auto=webp&s=313bb4e7b2bbba379a5dfe6033d4ca8222b751eb)
+
+And not one bond or security on the Fidelity screenshot will outperform inflation… Example, a 30 year treasury (the highest paying Treasury) pays 3%, you would lose 5.5% to inflation every year at current levels.
+
+Bond yields need to come up = bond prices need to go down = and that's another catalyst for the crash. Bonds remain overvalued. If the coupon/income does not beat inflation, what's the point?
+
+The FED is planning to start dumping these securities into this overvalued market. The chances of the FED igniting the crash is the highest… I think the truth is they are terrified to dump these securities. That's why it has taken so long. There is no bigger buyer than the FED. So how can anyone BID the price UP???
+
+The FED is the greater fool…
+
+https://preview.redd.it/mejj4zp3hs291.png?width=1004&format=png&auto=webp&s=6efc5af97d3854726a333084a5b1bdbb9c94ecc0
+
+Now I'm not saying that the FED wanted to profit off these purchases… **but they were definitely buying tons of overvalued assets during a market bubble… I am 100% sure of that.**
+
+And the only tool they have is to print more money, which equals more inflation, which makes the bonds worth even less… and these are the same bonds the FED has to sell, to take money out of the system. And they print more money to do this by issuing more bonds.
+
+https://preview.redd.it/ndlg3ul8hs291.png?width=654&format=png&auto=webp&s=a31981e629ec42885cbfff674f593e6518e684bd
+
+If you look at the balance sheet, the FED sold half their 15 day or less securities last week, but added $60bn to the 16-90 days. That’s t-bill maturities, which has a huge allocation in money market funds. Scary that after all the stimulus for nearly 15 years that the FED still needs to pump and add liquidity to the shorter term securities. =
+
+[Source: https:\/\/www.investopedia.com\/terms\/m\/money-marketfund.asp](https://preview.redd.it/z3tpikrehs291.png?width=1136&format=png&auto=webp&s=2cc576ce4bf4451767c5758fcead077cf66c9efb)
+
+They sold the “within 15 days” because, **The FED has to buy those back from the open market because they mature in less than 15 days.**
+
+**The FED has to dump their bonds before they fully mature, so the FED can redeem the bonds back. Bonds are redeemed at par value.**
+
+And in the next 12 months…. There is some serious paper coming due…. If you add the MBS plus treasuries in the 1-5 year maturity, you will have more than $4 trillion due. It’s hard to know when exactly, but i'd assume it's like $1.25 Trilly per year… (they don't fully break it down for us) which is a lot of selling pressure in the fixed income markets. If inflation outperforms bond yields, how is it really sustainable?
+
+[MBB info fro Blackrock.com](https://preview.redd.it/3hpafz9ohs291.png?width=1198&format=png&auto=webp&s=1013b9fb1381d2763ca20ac0fe249f8b94635340)
+
+The MBS ETF trades under the ticker MBB. This is the MBS market and as you can see is down almost 7% YTD. I think this is the last of the last to pop. Remember that the FED owns more than $2.7 Trillion in this space (and 90% of that is in the 10 year or longer maturities). Last week the FED bought $18BN in MBS… Which is why it bounced on the chart below.
+
+https://preview.redd.it/81fggx4uhs291.png?width=1268&format=png&auto=webp&s=d3d262b132a51027bcd0bf9bd8ba29ad76d4e356
+
+​
+
+[The total weekly change for MBS is plus $18.8 Billion. \(About the Value of two GME MKT CAP’s the FED printed last week to buy more MBS\) Loco….  ](https://preview.redd.it/c42yh3lxhs291.png?width=1242&format=png&auto=webp&s=e4b4d0c98697574638397b69ad8910acf68edb28)
+
+[The bounce from $98 to $99.7 could have been FED buying MBS last week. \(That $20BN they purchased above\)](https://preview.redd.it/sd0kxxm1is291.png?width=1282&format=png&auto=webp&s=de38be4c5fa08c8ead2d7d251a43317e3611576d)
+
+[TLT is the 20 year Treasury bond…. Down almost 20% YTD.](https://preview.redd.it/xehcshk7is291.png?width=1246&format=png&auto=webp&s=b27399566db1dba87baa7baeb488b3a735a9357f)
+
+[From 2019 - today, the Long term treasury bond has gone through two almost identical yearly cycles… and it’s clearly getting worse. ](https://preview.redd.it/u1rrobfcis291.png?width=1298&format=png&auto=webp&s=162c019c3baa10f85b1e4ccf46c0e175faa79d03)
+
+[The FED did add more than $15BN to the 10 year Treasury Maturity bucket last week. And TLT also moved up slightly. ](https://preview.redd.it/8zdl6ohgis291.png?width=1262&format=png&auto=webp&s=446177277380d16338afb7cae3aa0c7ff5b693f4)
+
+[TLH is the 10-20 year Treasury Bond down nearly 16% YTD.](https://preview.redd.it/5js606rkis291.png?width=1298&format=png&auto=webp&s=e308cd8b103dd29a6f98994b2013f20b6a0af32b)
+
+Again... not sure how many of the FED bonds are 10, 20, or 30 year... etc...
+
+But most their hodlings are getting rocked like most securities...
+
+https://preview.redd.it/e0a5zousis291.png?width=1264&format=png&auto=webp&s=c917dee9f7afd526b17a678800a841baf1ca6255
+
+SHV is the 1 year or less Treasury Bills… Pretty Much Flat YTD.
+
+If this starts to crack \^ the entire system is in trouble… and we saw the FED add $60bn to the 16-91 Treasury bonds last week.
+
+**MBS and Treasuries are down overall YTD… the FED Balance Sheet stopped going up, and is now going sideways.**
+
+**If you look at the YTD chart the FED balance went up to the right, and now sideways, but their assets are actually going down. It leads me to believe that the FED is throwing bad money after bad money and it’s not working anymore.**
+
+[Source: https:\/\/mronline.org\/2022\/05\/26\/u-s-federal-reserve-says-its-goal-is-to-get-wages-down\/](https://preview.redd.it/2ljwcti4js291.png?width=1252&format=png&auto=webp&s=e9bc103ae2a70e0fb1fccd6e852ef81c795b5f98)
+
+J Pow thinks people earn too much… while they printed trillions of dollars to stop marge calling. The money that J Pow prints is backed by the U.S Taxpayer… **So how is reducing tax revenue/income going to help pay off the DEBT? If anything Wages need to go up to pay off the $30 plus trillion in DEBT that FED “printed”.**
+
+Have you ever looked at the benefits you get for working at the FED?
+
+Source: [https://www.federalreserve.gov/careers-benefits.htm](https://www.federalreserve.gov/careers-benefits.htm)
+
+https://preview.redd.it/dm89b59ajs291.png?width=1278&format=png&auto=webp&s=2fc70bbe4140d536d5a03831a6f8edb02176695b
+
+https://preview.redd.it/bee38zsdjs291.png?width=1276&format=png&auto=webp&s=127158646a9b6e1b35ad717cdc330572dfe90b86
+
+**As you can see… the benefits they get at the FED are some of the best by far. (and APES this is the U.S… im not comparing the FED to Norway)**
+
+**If you work at the FED for 5 years you can start a “Pension” at 55 years old… Maybe the FED needs to reduce their retirement packages/benefits/wages? Based on the FED’s logic…**
+
+**They also get compressed work schedules… what??? New Parents get 12 weeks off! It sounds great at the FED!**
+
+**And why do the FED bankers need credit unions? They don’t want to BANK WITH THE “bulge banks douche bags either?” Seriously, why are they bragging about “credit union offices?” Big Banks are for suckers… coming from the employee perk list at the FED…**
+
+I went over to Glassdoor.com… and they talk about the Benefits over there also.
+
+https://preview.redd.it/jf4vgbnjjs291.png?width=1292&format=png&auto=webp&s=32616e4132f9f6d2f0331bbb2dd5eaed241d18f6
+
+[Source: https:\/\/www.glassdoor.com\/Benefits\/Federal-Reserve-Board-US-Benefits-EI\_IE142008.0,21\_IL.22,24\_IN1.htm](https://preview.redd.it/of79irenjs291.png?width=1354&format=png&auto=webp&s=9c7370882aa5afa0c2eb10f430b2a95c47ad95e0)
+
+“Encouraged to take time off”… with a 4.6 Rating on Glassdoor… that's like a movie scoring 9 or higher on IMBD.
+
+The FED is the Greater Fool... Part 1 - [https://www.reddit.com/r/Superstonk/comments/v1n396/the\_fed\_is\_the\_greater\_fool\_part\_1\_part\_2\_is](https://www.reddit.com/r/Superstonk/comments/v1n396/the_fed_is_the_greater_fool_part_1_part_2_is/)The FED is the Greater Fool... Part 2 - [https://www.reddit.com/r/Superstonk/comments/v1nfxe/the\_fed\_is\_the\_greater\_fool\_part\_2/](https://www.reddit.com/r/Superstonk/comments/v1nfxe/the_fed_is_the_greater_fool_part_2/)
+
+The FED is the Greater Fool... Part 3 -
+
+[https://www.reddit.com/r/Superstonk/comments/v1np7g/the\_fed\_is\_the\_greater\_fool\_part\_3/](https://www.reddit.com/r/Superstonk/comments/v1np7g/the_fed_is_the_greater_fool_part_3/)
+I feel like this is the elephant in the room that no on talk about when they are calculating srw. I mean there's a good chance we all need some as we age. And these services run tens of thousands a month even for middle range estimates...
+ 
+
+Director of AT & T just bought 2,5 mil worth of shares. Mostly there are many reason for insider to sell but only one reason to buy.
+
+If we look at T performance history it mainly go sideways with periods of underperforming and outperforming which looks to me almost like cyclical stock. Can management changes lead to T outperforming time ?
+
+Personally i would not hold T stock forever but rather consider it as ,, longer term trade,,. By valuation metrics and analyst price target of 30.5 dollars it can look interesting. Also there is nice dividend which will be cut in 2022 i think it is already priced in as this is no news.
+
+I have something like 2 percent of my portfolio in AT & T and i would like to hear your opinion.
+With the market now officially in bear territory, I've been on the hunt for bargains. Recently, I shared another deep value idea, China Life Insurance Company (LFC). Link to post [here](https://www.reddit.com/r/ValueInvesting/comments/vb2jrk/deep_value_idea_china_life_insurance_company/?utm_source=share&utm_medium=web2x&context=3). Today I'd like to share another firm I believe offers deep, deep value: Credit Suisse.
+
+Credit Suisse Group AG (CS) is a global investment bank and financial services firm founded and based in Switzerland. It has been a cornerstone of Swiss life since its founding in 1856.
+
+Recently, Credit Suisse has found itself in pretty dire straits. Scandals and bad investments abound, with its third profit warning of the year issued just a few days ago. And as if losing billions wasn't enough, one of their directors was just fired for being filmed assaulting restaurant staff in NYC's Koreatown. Yeah, pretty bad.
+
+So, why on earth would I suggest investing in a firm that can't seem to do anything right?
+
+One word: value. And four more words: too big to fail.
+
+Credit Suisse is now trading at a 27 year low, hitting $5.75 intraday. A 27 year low! Is it deserved? Yes, as we've discussed above. But only to a certain extent.
+
+The idea behind value investing is that you can take advantage of market overreactions to get a good deal. Credit Suisse's share price certainly deserves to be punished, but not this much. That means it's a buy, especially if you consider the investment as low-risk as I do.
+
+As of today, CS is trading at just 0.3 of its book value. It's price to tangible book? 0.4.
+
+That's what we call a steal. You can buy a share of a dividend-paying major financial institution for the price of an espresso in Switzerland.
+
+But just because something is cheap doesn't mean you should buy it. Which brings me to the second major part of my thesis: Credit Suisse is too big to fail.
+
+The Financial Stability Board has designated it a Global Systemically Important Financial Institution (G-SIFI). It's also a primary dealer and Forex counterparty to the US Federal Reserve. In other words, if Credit Suisse goes down, everything goes down with it. Aside from all this, CS has demonstrated an ability to attain sufficient liquidity anyway. The point I'm trying to make is that bankruptcy is not a concern here as it would be with other investments.
+
+Summation: Credit Suisse offers an opportunity to buy a business that literally cannot fail for forty cents on the dollar.
+
+My only reservation is that things will continue to get worse for CS before they get better. Because of that, I'm considering beginning a position under the 5.50 level and setting aside some cash to buy more at a lower price. It will likely take several years to attain book value again, but patience is the value investor's greatest weapon.
+
+Opinions? Am I stupid?
+I bought 100 shares of alcoa at 9. Now it's at 78.20. Sold 15 at 60 so I already have my money back. Is this a long term buy and hold or should I sell it? The historical are not great but aluminum price is crazy high right now.
+Just curious if anyone has put any cash into I-bonds? Not so much investment money, but just extra non-investable cash.
+
+7.12% for 6 months and the rate will likely reset at a similar number in May.
+I heard a podcast with Town where he mentioned he and also Buffett use option trading to buy long term stocks they want at $20 when they trade at $23 etc.
+Phil Town mentioned he can only win in those situations, no matter on which direction the stock goes? How do they do that? 
+Does someone has a link where they explain that?
+Ally Financial (ALLY) has recently gained some popularity over the past few years. They have 2 main streams of revenue, personal banking and auto financing.
+
+I'm personally drawn to this stock because of the personal banking. I bank with Ally and I really like it so far. Great saving rates, no fees, super user friendly app, great customer service, etc. What's interesting is they don't have physical locations. At first I was concerned about this, but, I haven't ran into issues.
+
+To my knowledge the personal banking is relative new and growing. Recently they have entered into the investing world as well. I'm sure this will increase their onboarding.
+
+They seem to have a good culture, the valuation is attractive considering the smaller size and growth, and they offer a dividend. Overall I like the company.
+
+I think this could be a big win in a few years if they keep onboarding users. Ally is a "cool new bank" that is attractive to the younger generation. I understand doubling the user base will not happen over night but I can see consistent growth.
+
+To get an idea of their size relative to other big banks, I'll list a few market caps of well known banks and Ally's below:
+
+ALLY: 20B
+
+WFC: 190B
+
+BAC: 363B
+
+C: 160B
+
+JPM: 492B
+
+Questions that I have:
+
+The savings rates for Ally are higher than many other banks, how do they accomplish that? Lower margins?
+
+Can they actually compete against the "big banks"?
+
+Do they operate differently? If so, how?
+
+What are the main risk for this company?
+Those who faced 2008 recession. What preparation helped you to ride the storm?
+
+What stocks should weather a potential recession? And what tips/strategies to navigate without your portfolio being obliterated?
+First off, thank you to /u/Hurly26 and /u/rubensinclair for finding/uploading a copy of Morgan Stanley's "The Recession Playbook". Since the comment section on that post is 90% requests for the link, I thought I would make a new post for a discussion of what's in the report itself. 
+
+ For those of you who haven't already seen the link: http://www.mediafire.com/file/5py1d1zrii5rr1a/The_Recession_Playbook.pdf/file
+these stream wars are interesting. How much value are lesser players (to NFLX) expecting to extract from the market?
+
+" The streaming media business is tough. Disney, which has a 30 percent stake [Hulu, ](https://crunchbase.com/organization/hulu) saw losses of $580 million last fiscal year, [according to an SEC filing](https://www.sec.gov/Archives/edgar/data/1001039/000100103919000053/fy2019_q2xreportingxchange.htm).
+
+This  was, the SEC filing states, “primarily due to a higher loss from our  investment in Hulu, partially offset by a favorable comparison to a loss  from BAMTech in the prior year.”
+
+​
+
+​
+
+[https://techcrunch.com/2019/01/20/thanks-to-hulu-disney-lost-580-million-last-fiscal-year/](https://techcrunch.com/2019/01/20/thanks-to-hulu-disney-lost-580-million-last-fiscal-year/)
+Shut the fuck up about your feelings, boomer. 
+
+Short selling aint easy. When the doodle on your robinhood app goes red, you don't immediately run to mommy /wsb/ and start bitching. Let the actual bad and good ideas flow in the sub, not feelings.
+
+Tl;dr: shut the fuck up.
+Hi everyone,
+
+I am looking for some advice for my mum.
+
+Long story short, she is almost 60, she recently sold her house and now has $200,000 in cash remaining after paying off debt. $0 in superannuation. She doesn't want to buy another house. Currently has a caravan and 4wd.
+
+Her plan was to keep her money in a high interest savings account, and perhaps taking out about 20,000 to live on each year - which isn't the best strategy as that's basically \~10 years to zero dollars.
+
+**I was thinking of visiting a financial planner with her to see what the best options were for her. Ideally, if she could put about $180,000 into a fund which gives her monthly dividends that would help to pay for general life stuff, but also grow over time.**
+
+I was thinking of something similar to CRED - BetaShares Australian Investment Grade Coprorate Bond ETF. [https://www.betashares.com.au/files/factsheets/CRED-Factsheet.pdf](https://www.betashares.com.au/files/factsheets/CRED-Factsheet.pdf)
+
+Facts:- Yield is 3.39%- Management fee is 0.22%- Monthly distributions
+
+Having $180,000 in CRED would give her a monthly distribution of $508 / $127pw. Although this is not much, it would defintely help her out, and not bring down her capital amount.
+
+I'd love to hear any suggestions. I am aware of other possible investments such as VDHG, but honestly, I completely understand what would likely happen over time, but putting that much money (and my mums) into it I don't really feel comfortable as anything bad that happens would be my fault. Although, if this was the case, and perhaps we could take out a small percentage at the start of each year/month, then that could work similar to CRED but have better longer term outcome possibilities.
+
+I'd really appreciate any feedback or advice, especially if you have been in a similar situation.
+
+tl;dr - Mum only has \~$200k to use over 25 years. Need best/safest option to ensure money doesn't run out.
+
+Thanks :)
+
+​
+
+Edit:   
+Thank you everyone for all of your comments, really helpful advice. I didn't mention before because I didn't know, but she is currently on the disability pension (mental health) which is apparently similar to the age pension amount, which will transfer to the age pension when she reaches the age. Because of this amount, she has barely touched her capital and just living off the pension - which is great to hear - although any extra income would be great and ideal.
+
+She would probably be open to the idea of volunteering for NewStart - she doesn't want to work.
+
+She has rarely worked in the past, hence the $0 in super.
+
+The idea of putting it into Super for an income stream sounds quite good. Of course, we will speak to centerlink/DHS/financial planners for this to ensure the best option. 
+
+Really appreciate your comments :)
+Been living in my car for 4 months. Barely scraping thru DoorDash. Car shit the bed on me a few days ago. I'm basically fucked!
+
+So out of pure spite I applied to Job Corps to become an auto repair technician. Free room and board, food, a place to shower and work out. Free education. Free stipend. Free everything. They're even paying for me to fly to Vermont because that's where I wanted to go.
+
+Between 16 and 24 and want a free trade? Don't mind compulsive sobriety and rules that will make you feel like you're lowkey in juvie? I recommend Job Corps. They have locations in every state, each offering different trades such as welding, HVAC, culinary arts, and much more. Check out their website.
+someone please help...I mean I'm not on a bridge ready to jump yet...but I think I'm just in denial...I'm just like it was profit taking.  Just hold.  It'll come back.   When it sinks in...I might be on a bridge.  I was intoxicated by the marijuana...I know it was a stupid buy...now...but I mean hindsight...jesus that was stupid.  Chasing profits!!!
+So I've got a mate from Uni (he's gone on to do a masters for which he currently owes £4,800) who has 13p in his bank account, has an Audi A1 on finance and currently has around £20,000 in debt or something crazy. He's asked me to be a guarantor for a loan so that he can try and pay-off these other debts. Mind you, I've graduated, am working a minimum wage job and have little-to-no savings. This isn't an option for me.
+
+So what can he do? He's asked family/friends, his family situation is bad and no one can afford to cover this £4,800 he owes to the uni, no one can back his loan option either. I'd advised bankruptcy but he doesn't have enough for that. Is there anything that can be done for him? He's said he's contemplating killing himself, obviously I don't want that to happen at all...he's come to me for help since I always helped him through Uni, but now I actually don't know what to do?
+Seriously this blows my mind! How are there so many people believing in the bull run when bitcoin was going from 60k to 69k but now I still see so many selling and complaining that “we enter the bear market”
+
+What kind of mindset is this? Wasn’t it you that complained for months that “I wish I bought the dip”? Well guess what now it’s the perfect time! If you truly believed in crypto hitting another all time high - how can you think it will go further down from the 47k we are at right now? Or even worse - how can people sell NOW when it’s already so far down?
+Seriously when people here were saying “buy high sell low” they didn’t meant it literally. It’s a joke. Don’t be the clown that actually does this.
+
+I yolo’d my last savings into the recent dip and wanna hear something crazy? I already made profit! Not that I sell but pretty good for such a “bear market” right ?
+
+Now this is not a financial advice but I’ll promise you that me and the boys who bought this dip will drive behind you with our lambo for weeks if we catch you complaining “oh man I wish I bought the end of 2021 dip”.
+
+“Oh but what does this guy know about btc” yea true I don’t know anything! But do you know who I trust ? The over 90 richest whales that HAVEN’T SOLD A SINGLE COIN SINCE ATH!
+They keep buying every dip. Every. Single. One.
+
+
+Edit: I know this is not all of you guys. I just hope this helps some people with their mental health when they struggle and consider selling right now driven by emotions :)
+
+Edit2: wow thank you so much awesome stranger for my first platinum award ever !
+Hey! Financial wellness check! I value the hell out of the opinions of this sub. You all helped me escape debt. How am I doing now?
+
+I’m in the 15% tax bracket. I am 24 and unmarried. make about $35,000 gross. I have zero debt.
+
+My traditional 401k is sitting at $7,500, and I contribute 5% into it to get the additional 5% employer match.
+
+I just started my Roth IRA. It’s at $1,000, and I have set up contributions so that it’s maxed out! $5,500 per year!
+
+I contribute $70 monthly to my HSA. (I’ll look into investing this next year)
+
+I have health insurance, dental, vision, life, Im good on insurance I think.
+
+I contribute $100 per month to my general savings account at my bank. This account is at about $4,000, I consider it my emergency fund.
+
+I have $1,000 in $20s in my safe at home for extremely liquid, small emergencies.
+
+My living expenses are low, and at the end of the month, after all my saving and discretionary spending and living costs, I usually have $200-$350 left.
+
+Any recommendations? Praises? Reprisals? Ya’ll are the shit. Tell me how I’m doing.
+Paying off my student loans, and credit cards seemed like such big feats to me, I'd always be ecstatic after each account was paid in full. Now I'd hit what should seem like a much bigger mile stone, but I feel no emotional charge. Is this the part where FIRE gets boring? 
+**TL;DR:** I believe there is a possibility of tech stocks being battered by the crisis that is not being taken into account by the markets.
+
+I've been following the market more closely since the coronavirus crisis began. Like some people here, the current bull market / bear market rally has been puzzling me because of the state of the economy and of how long this is going to last. It has been said time and again that the market is not the economy, and that is true, as the market is, among other things, a gauge of investor sentiment. And the sentiment for tech stocks it's as high as it's been.
+
+At the time of writing, NASDAQ is up 4% for the year. From my understanding, this is due to the confidence in the biotech sector and, of course, tech stocks. Focusing on tech stocks in general, it looks like people are betting on huge gains on those. And I think there's a point in that tech will benefit from this in a way. But I'm bearish about it, and here's why:
+
+* **Ad revenue:** some of the biggest players heavily rely on ad revenue for profiting. It's understood that many businesses will cut on advertising. Google has said that it will affect their bottom line, expect Facebook to follow suit
+* **Consumer spending:** because of the current situation, I expect smartphone sales to take a hit. For many companies (e.g. Apple) this is a main stream of revenue and, although I expect to see a consumption increase in laptop, tablet, and other accessories (e.g. webcams, headsets) I don't see the latter offsetting losses in the former
+* **Mobility:** decreased usage of mobility services (e.g. Uber, Lyft, car-sharing apps), if even because of less tourists and air traffic
+* **Travel:** even if travel goes back up a bit, it won't go back to 2019 levels (e.g. Airbnb, Booking)
+* **Work-From-Home:** here I do believe that tech companies will come out on top, but I'm cautious about it because many companies had already purchased the tools for this (therefore not resulting in a significantly larger pool of customers)
+* **Earnings:** a lot of companies removed guidance for the current quarter, which makes it a lot harder to know what to expect (not really bearish, but a factor to keep in mind)
+* **Retail investors:** there has been a surge of retail investors entering the market after the crash. These people are likely to bet in “hot” stocks, not the least tech stocks (and biotech and pharmaceuticals). This has undoubtedly been one of the major factors driving the market upwards in my opinion, and might be a red flag if or when the market gets dire
+* **Stimulus:** this is what I'm most unsure about. From what I read, the FED has a huge bond-purchasing programme. With this, the FED wants to keep confidence in the markets. My question is, because of the huge debt that the FED already has, and to how large the bond market is ($80 trillion) in comparison with the FED programmes, how much difference will it make?
+
+I'd like to hear your thoughts about this.
+# The Short-Selling Party at GameStop Is Over. h
+
+​
+
+**Gamestop** (NYSE:[**GME**](https://investorplace.com/stock-quotes/gme-stock-quote/)) stock was one of the great stories of early 2021.
+
+A short squeeze driven by small investors sent stock in the video game store chain soaring early last year, from $25/share to a high of over $300. The arrival of **Chewy**(NYSE:[**CHWY**](https://investorplace.com/stock-quotes/chwy-stock-quote/)) founder Ryan Cohen as chairman, and the hiring of [new management](https://www.cnn.com/2021/06/09/tech/gamestop-new-ceo-cfo/index.html)from **Amazon.Com** (NASDAQ:[**AMZN**](https://investorplace.com/stock-quotes/amzn-stock-quote/)) caused many of those investors to believe a turnaround was imminent.
+
+It’s not. When the company’s Christmas quarter numbers came out in March, it reported anemic growth of 6% year-over-year, and [a loss of $381 million, $5.25 per share.](https://news.gamestop.com/news-releases/news-release-details/gamestop-reports-fourth-quarter-and-fiscal-year-2021-results)  Beyond [a stock split](https://www.thestreet.com/memestocks/gme/gamestop-stock-ryan-cohens-clever-plan-to-limit-shareholder-dilution) that only seems to benefit management, nothing has changed.
+
+[**GME**](https://investorplace.com/stock-quotes/gme-stock-quote/)GameStop Corp.$121.65
+
+The Bull Case for GME Stock
+
+The bull case for Gamestop starts with a failure, cloud gaming.
+
+**Alphabet** (NASDAQ:[**GOOG**](https://investorplace.com/stock-quotes/goog-stock-quote/), [**GOOGL**](https://investorplace.com/stock-quotes/googl-stock-quote/)) promised to transform the industry with its [Google Stadia](https://stadia.google.com/), but it’s looking increasingly like just another app store. There’s too much latency, too much time between you mashing a button and your opponent across town being able to respond. Even in the U.S., which has half the world’s cloud data centers, local networks are slow and expensive.
+
+This means there’s still a niche for retailers who sell physical games and game machines. Gamestop fills that niche. But the niche should decline over time. Cloud gaming is coming.
+
+No one wants to bet against Gamestop, however, or especially short it, given [what happened to **Melvin Capital**](https://nypost.com/2022/05/02/melvin-capital-down-23-3-year-to-date-as-founder-looks-to-shut-down-fund/), which led the shorts last year. Even today, shorts are [in an uncomfortable position](https://www.thestreet.com/memestocks/gme/gamestop-stock-short-sellers-are-not-in-a-comfortable-position) as retail investors continue to support the stock.
+
+### The Bear Case for GME Stock
+
+The question is, why?
+
+Cohen has turned his attention to **Bed, Bath & Beyond** (NASDAQ:[**BBBY**](https://investorplace.com/stock-quotes/bbby-stock-quote/)), the home goods retailer. After taking a position in the stock, he convinced the board [to seek a sale](https://bedbathandbeyond.gcs-web.com/news-releases/news-release-details/bed-bath-beyond-inc-announces-cooperation-agreement-ryan-cohen), first of its Buy Buy Baby unit, then possibly the whole company. He turned into just the kind of Wall Street shark he once criticized, taking out companies to take them apart.
+
+What of Matt Furlong, the hotshot Amazon executive hired as CEO? He made [$16.7 million](https://www.marketwatch.com/story/gamestop-ceo-matt-furlong-got-paid-16-8-million-in-2021-for-a-half-year-of-work-11649783285) for a half-year of work, but he has done nothing to improve operations. Since dropping chief operating officer Jenna Owens [late last year](https://www.retaildive.com/news/gamestop-coo-is-out-after-7-months-on-the-job/609218/), the only release Gamestop has sent out about operations concerns [a token for NFTs](https://news.gamestop.com/news-releases/news-release-details/gamestop-forms-partnership-immutable-x).
+
+[**8 STOCKS TO OWN INSTEAD OF TESLA FOR THE EV BOOM**](https://signup.investorplace.com/?cid=MKT557071&eid=MKT594178&encryptedSnaid=&snaid=&step=start)
+
+Bulls talk about insiders buying, about the stock split and about Gamestop having [“meme stock power.”](https://www.thestreet.com/memestocks/gme/3-reasons-to-buy-gamestop-stock)  What does the last even mean? It seems to mean that the small investors who bought the meme aren’t abandoning the name. But that’s not a business case.
+
+Professional analysts have given up on Gamestop. *Tipranks* lists just one, who wants you to [sell it.](https://www.tipranks.com/stocks/gme/forecast) Their price target is $30/share, 75% below where it’s trading on May 3.
+
+### The Bottom Line
+
+There are very few retailers that sell at a premium to their sales. **Costco Wholesale**(NASDAQ:[**COST**](https://investorplace.com/stock-quotes/cost-stock-quote/)) does and so does **Target** (NYSE:[**TGT**](https://investorplace.com/stock-quotes/tgt-stock-quote/)). **Walmart** (NYSE:[**WMT**](https://investorplace.com/stock-quotes/wmt-stock-quote/)) sells for about 73% of sales, and **Home Depot** (NYSE:[**HD**](https://investorplace.com/stock-quotes/hd-stock-quote/)) for about 40% of sales.
+
+Gamestop is losing money and sells for 1.5 times its sales. The valuation makes no sense. Full year sales in fiscal 2022, which ended in January, were 20% ahead of a year before. But they were also $450 million behind where they were in the pre-pandemic year of 2020.
+
+When there are so many good stocks selling at deep discounts to the value of their businesses, Gamestop stands out. Not in a good way. Its priced way above other retailers, and it’s not a tech stock, even though it sells software and chip-laden game machines.
+
+My advice is that you walk away. Do it quietly. Don’t tell anyone until you’re out. But sell, now. If you got in early, take your winnings. If you got in late, accept your losses. But sell.
+Over the previous there was always some article about some 30 year old who had saved hard and became a property millionare in Sydney or Melbourne. When you read in they basically borrowed to the eye balls and kept reinvesting from capital gains.
+What situation are they in now with the recent burst?
+
+Edit: spell check
+The last weeks I’ve read a lot of people talking about Europe’s gas problem especially Germany. Let me clarify a few things for you:
+
+First of all the basics since most of you don’t know:
+
+**Germany is located in the center of Europe**. It’s that one place that you’ve probably seen on a map in your history class about world war 2. Yea the one with the *cross symbol*.
+
+Secondly since **we will all freeze like in Russia:**
+
+Germany has mild winters. There’s rarely snow in the majority of the country. It’s usually between 0-10C ( **~30-50 Freedom units** )
+
+Let’s talk about gas price. Yes it went up. But did you know that even tho we are europoors we actually aren’t THAT poor? It’ll go up for me for example 70€/month. That’s 70$.
+
+And since we talk about money Germany is rank #4 when it comes to GDP. And we also have something called “a social program” 
+
+I KNOW! Scary words! But let me explain! In the worst case scenario the government actually *cares* about the less fortunate and helps them with money. So even if you can’t afford gas you probably will end up getting support and still be able to pay! Sounds ridiculous I know but shit works.
+
+I really appreciate that you care this much about our well being but things are really not looking as bad as some might think. Probably because the last time you heard about a Europe crisis Germany was also a major topic but I promise it’s different this time! 
+
+Yours,
+
+Friendly German
+
+Edit: The meme hit the front page? Time to get the popcorn and sort by controversial lmao
+So, for those of us holding O, how do we feel about the VEREIT merger. Looks like it's gonna go through and should be completed in the next few months. But I'm a little shaky on whether I should be putting money directly into O with the hopes for the stock to appreciate after the merger, or if I should be buying Vereit for that .7 share/share conversion. 
+
+Is the merger already getting priced into O? Or would it be better to buy Vereit?
+
+What are your thoughts Divi-dudes?
+I am not in need of generating income. My salary is enough for my expenses and some. Is there any benefit in your meeting in dividend stocks now? I can invest in high growth stocks now and then move to dividend stocks later in life.
+We rarely talk non work shit, he’s very wealthy and has fox ticker on the tv in his office at all times and I just make sny remarks when I see everything true and he changes the subject. Am I a deadman tomorrow?
+Guten Morgen to this global band of Apes! 👋🦍
+
+I'm a little short on time to write today, so I'll have to keep today's message brief.
+The past week has been quite the ride, but there is absolutely no reason to believe that anything has changed for the worse.
+The SHFs are hurting, Apes continue to DRS, and the MOASS is inevitable.
+Each day that they suppress the price and stall costs them dearly.
+Citadel is desperate enough that they took $600m in loans at a high interest rate to get them through just a little longer.
+
+We are in exciting times, and I cannot wait to see what happens next.
+
+Today is Tuesday, August 23rd, 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: **$34.84 / 34,84 €**  *(volume: 2142)*
+- 🟩 115 minutes in: $34.69 / 34,69 €  *(volume: 900)*
+- 🟥 110 minutes in: $34.67 / 34,66 €  *(volume: 887)*
+- ⬜ 105 minutes in: $34.71 / 34,71 €  *(volume: 887)*
+- 🟥 100 minutes in: $34.71 / 34,71 €  *(volume: 871)*
+- 🟩 95 minutes in: $35.00 / 35,00 €  *(volume: 842)*
+- 🟥 90 minutes in: $35.00 / 35,00 €  *(volume: 819)*
+- ⬜ 85 minutes in: $35.00 / 35,00 €  *(volume: 767)*
+- ⬜ 80 minutes in: $35.00 / 35,00 €  *(volume: 717)*
+- ⬜ 75 minutes in: $35.00 / 35,00 €  *(volume: 717)*
+- ⬜ 70 minutes in: $35.00 / 35,00 €  *(volume: 717)*
+- ⬜ 65 minutes in: $35.00 / 35,00 €  *(volume: 705)*
+- ⬜ 60 minutes in: $35.00 / 35,00 €  *(volume: 689)*
+- ⬜ 55 minutes in: $35.00 / 35,00 €  *(volume: 682)*
+- ⬜ 50 minutes in: $35.00 / 35,00 €  *(volume: 682)*
+- ⬜ 45 minutes in: $35.00 / 35,00 €  *(volume: 518)*
+- ⬜ 40 minutes in: $35.00 / 35,00 €  *(volume: 372)*
+- ⬜ 35 minutes in: $35.00 / 35,00 €  *(volume: 342)*
+- ⬜ 30 minutes in: $35.00 / 35,00 €  *(volume: 325)*
+- ⬜ 25 minutes in: $35.00 / 35,00 €  *(volume: 304)*
+- ⬜ 20 minutes in: $35.00 / 35,00 €  *(volume: 304)*
+- ⬜ 15 minutes in: $35.00 / 35,00 €  *(volume: 222)*
+- ⬜ 10 minutes in: $35.00 / 35,00 €  *(volume: 122)*
+- ⬜ 5 minutes in: $35.00 / 35,00 €  *(volume: 122)*
+- ���� 0 minutes in: $35.00 / 35,00 €  *(volume: 39)*
+- 🟥 US close price: $34.50 / 34,50 €   *($34.79 / 34,79 € 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 1.0001. 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,
+
+I bought a single family house back in 2019 in Oakland CA for 800k with 5% down. I renovated the whole place (80k) so that each room has a master bathroom (5 rooms. No living room and dining area) and generating $6.5k a month. Even with only 5% down, my monthly expenses come out to $4.8k. With such positive cash flow, would I be able to charge a steep premium for my house if I wanted to sell it?
+I'll try to keep it simple : try to think about crypto from the perspective of a no-coiner, you know, an everyday average Joe.
+
+Apple makes phones, Spotify gives you music streaming, Chase keeps your money safe, KFC serves you chicken wings, Zoom helps employees communicate, but what the fuck does Solana do for you? Currently valued at 18 billion, but why?
+
+How can my mom benefit from Solana for example? How can a company benefit from Solana? And how is it different from Avalance, Aave, Matic & the hundreds of other projects?
+
+Remember, try to reply to me as if you were talking to a no-coiner, use real world example preferably.
+
+**Edit :** I'm aware of the very obvious money transfer aspect, which is actually great yes, but there are thousands of cryptos offering exactly that.
+
+I know there are many phone, banks and clothing companies too, but designer clothing doesn't serve the same consumers as kids clothing, just like with premium phones/cheap android phones or islamic banks/off-shore banks. Variety is necessary, but when it comes to money transfer, you just want it done as cheap and fast as possible. No need for a gazillion of projects, right?
+
+"But the the tech needs time to mature" Maybe, but saying this just proves that *as of now*, crypto is mostly hype and buzzwords ; the future of finance, the future of art, the next internet and whatnot, with not much to back it up.
+Recently graduated from a master's program; I make 80k a year (gross) in a low cost of living area (flyover state). Will receive a pay bump to 95k (gross) in 3 months, with semi-yearly opportunities for future bumps based on performance. I'm constantly looking around for new work opportunities, and am usually interviewing with at least one firm at any given time. I could make a higher salary in a higher cost of living market, but the COL increase usually eats up a good portion of the salary increase and quality of life goes down.
+
+
+My wife and I currently live with my parents rent-free, and have the option to do so for some time. If we were to get our own apartment (which we may do to keep our sanity intact), it would be between $500-$700/mo.
+
+
+Finally, I should mention: I'm 30 years old. I feel like my life is passing me by.
+
+
+Any advice? What should I do?
+
+
+Here are my debts:
+
+**Debt** | **Interest Rate** | **Monthly Payment** | **Principal**
+---------|----------|----------|----------
+CC1 | 20.74% | $418.00 | $15.950.92
+CC2 | 26.49% | $25.00 | $938.18
+Personal Loan 1 | 14.49% | $243.33 | $9,421.55
+Personal Loan 2 | 9.75% | $340.19 | $12,110.68
+Car Loan | 7.79% | $167.24 | $5,099.91
+Student Loan | 7.79% | Grace Period (thru November) | $187,383.00
+Total | 8.01% (avg) | $1,193.76 | $230,904.14
+[EDIT]: I’m overwhelmed by all these kind and useful responses. Second-hand I knew for clothes etc but hadn’t thought too much about prams and car seats. I think saving up a bit for nursery sounds like a good idea, and to think hard how much of our own time we will want to spend working (or not).
+
+Hi all, I’ve had a search around on the sub and seen people looking for advice on how to budget better with kids, but not much on what you wish you knew *before* having them. 
+
+Would you create some kind of emergency fund for the period when you are working less (we are both self-employed)? Would you create a nursery budget/fund so that’s less of a shock? Any big outlays you hadn’t anticipated that it might have been worth thinking about?
+
+I just feel like we have the income and time now to prepare and it might make things less stressful if we have planned the money side a bit beforehand. Especially as we can lower or increase the amount we work as self-employed people. Then we can just focus on future baby. 
+
+Any advice appreciated.
+My partner and I are first home buyers. 
+
+We put in an offer on a home on the higher end of the listed range. It was turned down as the agent told us he wouldn’t accept anything under $X (which was above the advertised asking price). 
+
+That same $x value kept popping up for the following week “Someone said they’ll pay $x” or “I know someone’s budget is $x”. So when he came back to us later saying someone had put in an offer, and the only counter he could accept was $x - the same value from earlier, we saw right through it. 
+
+We said if he provided us proof we’d happily counter, and he said he couldn’t. He had no obligation to I know, but we said “a simple screenshot of the email with all names redacted will be enough”. The follow up text from him was “it’s been sold”. 
+
+The sold listing has since been published and as we guessed, it’s a couple thousand under what he told us the offer was for. 
+
+Just sucks we missed out on a nice property due to this, and the vendor missed out on more money cause we absolutely would have countered.
+
+Is this just what I have to expect. Should I just be countering regardless, if in a position to do so. Just sucks that when I’ve shared this with people their answer is “that’s realtors for you”.
+
+EDIT:
+Had some great advice and agree, we played games and got bit. And we additionally have no proof they lied as the other offer could have changed. 
+
+My question was less about losing the place (we already know what went wrong), and just interested in knowing what we can expect from realtors when they share offers. The common consensus is that we can’t trust those “other offers” and should just offer what we feel it to be worth. Thanks to all for the advice :)
+Guten Tag to this global band of Apes! 👋🦍
+
+As Evergrande's collapse signals the start of some big financial events coming soon, the Shorts failure to cover the quarterly cycle is another such signal. Assuming that the quarterly futures contracts are indeed how they have been hiding their short positions, they have until market open next Wednesday to buy the shares or roll them forward; either way, we haven't seen nearly enough action for that to have already happened. As we patiently buy these dips and HODL what we bought, appreciate the gravity of the world events and the fact that your hedge through this turmoil is stronger than ever before. GameStop is transforming before our very eyes, and is making fantastic use of the talent they have hired this year. I couldn't be prouder to be a shareholder.
+
+Today is Wednesday, September 15th, 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: **$197.40 / 167,51 €**  *(volume: 629)*
+- ⬜ 115 minutes in: $197.40 / 167,51 €  *(volume: 614)*
+- ⬜ 110 minutes in: $197.40 / 167,51 €  *(volume: 607)*
+- ⬜ 105 minutes in: $197.40 / 167,51 €  *(volume: 595)*
+- ⬜ 100 minutes in: $197.40 / 167,51 €  *(volume: 595)*
+- 🟩 95 minutes in: $197.40 / 167,51 €  *(volume: 594)*
+- 🟥 90 minutes in: $197.39 / 167,50 €  *(volume: 594)*
+- 🟥 85 minutes in: $197.40 / 167,51 €  *(volume: 582)*
+- ⬜ 80 minutes in: $197.99 / 168,01 €  *(volume: 444)*
+- ⬜ 75 minutes in: $197.99 / 168,01 €  *(volume: 442)*
+- 🟩 70 minutes in: $197.99 / 168,01 €  *(volume: 428)*
+- 🟥 65 minutes in: $197.98 / 168,00 €  *(volume: 426)*
+- 🟥 60 minutes in: $198.07 / 168,07 €  *(volume: 406)*
+- 🟥 55 minutes in: $198.08 / 168,09 €  *(volume: 406)*
+- 🟩 50 minutes in: $198.09 / 168,10 €  *(volume: 368)*
+- 🟩 45 minutes in: $198.07 / 168,07 €  *(volume: 247)*
+- ⬜ 40 minutes in: $197.96 / 167,99 €  *(volume: 234)*
+- 🟥 35 minutes in: $197.96 / 167,99 €  *(volume: 187)*
+- 🟩 30 minutes in: $198.43 / 168,39 €  *(volume: 130)*
+- 🟩 25 minutes in: $198.29 / 168,26 €  *(volume: 119)*
+- 🟥 20 minutes in: $198.26 / 168,24 €  *(volume: 117)*
+- 🟩 15 minutes in: $198.43 / 168,39 €  *(volume: 109)*
+- 🟥 10 minutes in: $198.42 / 168,38 €  *(volume: 59)*
+- 🟥 5 minutes in: $198.45 / 168,40 €  *(volume: 55)*
+- 🟥 0 minutes in: $198.52 / 168,46 €  *(volume: 13)*
+- 🟥 US close price: $199.24 / 169,07 €   *($198.98 / 168,85 € 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 1.17843233. I wrote and maintain a C# application 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 just 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!
+Guten Tag to this global band of Apes! 👋🦍
+
+As Evergrande's collapse signals the start of some big financial events coming soon, the Shorts failure to cover the quarterly cycle is another such signal. Assuming that the quarterly futures contracts are indeed how they have been hiding their short positions, they have until market open next Wednesday to buy the shares or roll them forward; either way, we haven't seen nearly enough action for that to have already happened. As we patiently buy these dips and HODL what we bought, appreciate the gravity of the world events and the fact that your hedge through this turmoil is stronger than ever before. GameStop is transforming before our very eyes, and is making fantastic use of the talent they have hired this year. I couldn't be prouder to be a shareholder.
+
+Today is Wednesday, September 15th, 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: **$197.40 / 167,51 €**  *(volume: 629)*
+- ⬜ 115 minutes in: $197.40 / 167,51 €  *(volume: 614)*
+- ⬜ 110 minutes in: $197.40 / 167,51 €  *(volume: 607)*
+- ⬜ 105 minutes in: $197.40 / 167,51 €  *(volume: 595)*
+- ⬜ 100 minutes in: $197.40 / 167,51 €  *(volume: 595)*
+- 🟩 95 minutes in: $197.40 / 167,51 €  *(volume: 594)*
+- 🟥 90 minutes in: $197.39 / 167,50 €  *(volume: 594)*
+- 🟥 85 minutes in: $197.40 / 167,51 €  *(volume: 582)*
+- ⬜ 80 minutes in: $197.99 / 168,01 €  *(volume: 444)*
+- ⬜ 75 minutes in: $197.99 / 168,01 €  *(volume: 442)*
+- 🟩 70 minutes in: $197.99 / 168,01 €  *(volume: 428)*
+- 🟥 65 minutes in: $197.98 / 168,00 €  *(volume: 426)*
+- 🟥 60 minutes in: $198.07 / 168,07 €  *(volume: 406)*
+- 🟥 55 minutes in: $198.08 / 168,09 €  *(volume: 406)*
+- 🟩 50 minutes in: $198.09 / 168,10 €  *(volume: 368)*
+- 🟩 45 minutes in: $198.07 / 168,07 €  *(volume: 247)*
+- ⬜ 40 minutes in: $197.96 / 167,99 €  *(volume: 234)*
+- 🟥 35 minutes in: $197.96 / 167,99 €  *(volume: 187)*
+- 🟩 30 minutes in: $198.43 / 168,39 €  *(volume: 130)*
+- 🟩 25 minutes in: $198.29 / 168,26 €  *(volume: 119)*
+- 🟥 20 minutes in: $198.26 / 168,24 €  *(volume: 117)*
+- 🟩 15 minutes in: $198.43 / 168,39 €  *(volume: 109)*
+- 🟥 10 minutes in: $198.42 / 168,38 €  *(volume: 59)*
+- 🟥 5 minutes in: $198.45 / 168,40 €  *(volume: 55)*
+- 🟥 0 minutes in: $198.52 / 168,46 €  *(volume: 13)*
+- 🟥 US close price: $199.24 / 169,07 €   *($198.98 / 168,85 € 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 1.17843233. I wrote and maintain a C# application 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 just 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!
+Looking for a site that has a series of problems similar to the ones you might see on a hedge fund interview in terms of abstract reasoning ability, probability, etc. So far everything I have found is either some discussion forum (WSO) or math problems geared towards younger (olympiad) type audiences. I'm interested more for the math aspects and less so for the insights into hedge fund interviews: any help would be much appreciated!
+So look I’m very serious here. I have a bot running on a small exchange generating me upwards of $600 a day. Me and my bf live a super comfortable life now. 
+
+I coded this bot myself over the past two years, I self taught Python and learn asynchronous programming and have a high speed bot running. 
+
+I primarily trade RIPPLE/BITCOIN pair, I’m making up about 10% of this exchanges volume right now in market orders. I fill easily 1’000’000 XRP volume orders per day 
+
+The problem is I’m not actually that good at math. I was able to monkey-puzzle assemble a profitable tradebot because I’m good at recognising patterns - and I quickly gathered investments from friends now amounting to R200’000 (around $13k)
+
+We generate ridiculous returns some days but it’s far from optimal. There’s barely any drawdowns since I’m not a position trader I’m a market maker - so I don’t utilise stop losses and the market can’t move against me, I’m earning a spread difference between bids and asks. 
+
+Basically I’m looking to network with some people who can possibly help me model the way my tradebot works. If I explain to you what I’m doing exactly, you might be able to recognise flaws in my system and contribute. 
+
+If some of you here are willing to collaborate, I can even provide you API key access to some accounts on my local exchange I have 25 accounts now 
+
+BTW for those interested here’s a peak of my strategy:
+
+I aggregate the bid and ask volumes until predetermined amounts, fetch the prices at these amounts, subtract them to get what I call the “Volumetric Spread”. I do this calculation across multiple levels with varying order sizes 
+
+This way I’m able to lower my entry price as the market falls and sell at higher prices when it trends so I don’t worry about trend direction much 
+
+There is a relationship between the volumetric spread,the frequency of trades, and profitability. Mathematically finding the relationship between these variables is beyond me. Pls help me
+Looking for some if I could go back and do it again type of advice from people with more experience than me.
+
+Is it a good idea to buy a 1 bedroom/condo in early 20s instead of renting? Has it paid off big time for any of you?
+
+ I’m a 24 year old guy living in nyc the past year. I have a good wage where I’m maxing out my 401k and Roth while enjoying a bunch and having a great social life.
+
+My family is from a little town a ways away from the city and always nags me that I’m throwing money away by renting and living here and that I should move home and buy something (I work remotely). I get this advice especially from my dad who has only invested in real estate rentals his whole life, basically nothing in stocks.
+
+It’s starting to wear me down a bit and I’m considering moving back with parents to save for a down payment for a year or two on a 1 bedroom/studio condo or cop-op. I know I’ll be pretty miserable there because I’ll have no social life but seems like it may be worth it financially.
+https://www.sec.gov/rules/concept/concept4.txt
+
+> Under the DRS Concept, assuming the issuer and transfer agent elect to offer DRS services, an investor may instruct the broker-dealer at the time of purchase to register the securities directly on the books of the issuer, to leave the securities with his broker in street name, or to request a certificate. If an investor does not choose an option, the securities will be registered on the books of the issuer in book-entry form as the default form of registration.
+
+Further, I found this letter, sent to the Secretary of the SEC ten years later, which references that proposal (SEC Concept Release No. 34-35038), to be rather inspiring... Here are some choice highlights... (several minutes later: seems I've ended-up copy/pasting about half the dang letter 😅 it's _all_ worth reading!)
+
+https://www.sec.gov/rules/concept/s71304/ilf061604.pdf
+
+> The DRS would allow shareholders to "register securities in their own names" rather than conduct all dealings with their issuer through a financial intermediary...
+>
+> We have created a system that is even worse than the bearer share system used in Continental Europe. The extreme irrationality of keeping issuers and shareholders secretly secluded from each other, while third party service-providers such as clearing agencies have ready access to the relevant information has led to awkward solutions such as the efforts to restrict share transfers, as discussed in the Proposed Rule.
+>
+> This secret shareholding arrangement is normally justified as the unfortunate result of an effective clearance and settlement system. However, the technology of 1974 is not the technology of 2004. Dematerialized securities settled through a DRS...would restore the proper relationship between shareholders and their companies.
+>
+> If immobilization, dematerialization and DRS are discussed in isolation from their impact on the content of shares, such as voting rights, the true advantages of the DRS will likely remain unexpressed. Further, if the expensive and time-consuming detours in shareholder communications under the Proxy Rules and the other problems arising from anonymous shareholdings are discussed divorced from the structural problems that cause them, no workable solution will be found.
+>
+> If shareholders were to understand that dematerialized shares settled through a DRS would give them a more direct relationship with their company and the other shareholders than that provided by certificated securities held through their broker, they would also understand why they should give up paper. If the Commission were to clearly explain the corporate governance advantages of the DRS or similar systems, state lawmakers, issuers and the investing public would understand why they should embrace dematerialization.
+>
+> I respectfully request that the Commission study reducing the use of physical securities in the context of the impact of the securities settlement system on corporate governance (i.e., ease of shareholder communications, the cost and speed of the current system for distributing proxy materials, and the extent to which shareholder registers really contain any information – allowing issuers to address “naked” short selling, creeping tender offers and other undesired activities). In light of current technology, there is no reason why § 17A Exchange Act should create an undesired culture of shareholder anonymity that must then be overcome with expensive and time-consuming procedures under the Proxy Rules. National security concerns such as money-laundering and the financing of terrorism would also be much easier to address in a system of transparent shareholdings.
+
+Again, louder, for the apes busy making-out in the back:
+
+# DRS is supposed to be the default form of share registration, and it has many advantages: from providing shareholders with "a more direct relationship with their company and the other shareholders" to giving companies (like GameStop) a way "to address naked short selling" and more!!!
+
+BTW: That letter was written by David C. Donald... We've talked about him before, including in relation to u/Atobitt's "House of Cards" DD:
+
+https://www.reddit.com/r/Superstonk/comments/mw448c/re_atobitts_hoc1_how_would_apes_like_it_if_the/
+
+> ...the paper "The Rise and Effects of the Indirect Holding System" by law professor David C. Donald (Link here: https://www.ilf-frankfurt.de/fileadmin/_migrated/content_uploads/ILF_WP_068.pdf).
+Australia appears to adopt exceeding 30% of take home pay as mortgage stress (the percent of our take home pay that goes into the mortgage). Rent places a similar stress.
+
+It flows through to so much - cost of living, credit cards, cash, discretionary spend, savings (for those who can) etc.
+
+I'm sitting on 38% and notice it's getting snug.  How are you doing, good peeps?
+
+When you're at a point, what are the expenses you're trying to minimise?
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+I've been thinking about this lately.
+
+Crypto was supposed to be decentralized so it would not have a single entity controlling it. We would not be bond to the whims of a single centralized government or private entity.
+
+And as of late i've seen crypto being controlled by the fed. They say they will print more crypto pumps, they say they will print less crypto dumps. This is the same as the stock market and it's a shame because it defeats the sole porpuse of decentralization.
+
+If you think the fed will ever fight inflation think again
+
+​
+
+https://preview.redd.it/ypt6qrxr98b81.png?width=770&format=png&auto=webp&s=d53e7d664544a3fa7e501f82d9926a4902962655
+
+1921- "In the 19th century, deflationary periods were the result of an increase in production, rather than a decrease in demand. During the Great Depression, deflation was the result of **a collapsing financial sector and bank failures**. "
+
+Demand is higher and production is slower, there's news everywhere of cars unable to be sold because they lack chips.
+
+This pandemic hit most supply chains everywhere, and that's until it's normalized there will be more demand for some products than actual production.
+
+Maybe in a couple of years while normalizing the supply chain we will actually produce more than demand requires and it will be 1921 all over again....
+
+​
+
+1930 -  "During the Great Depression, deflation was the **result of a collapsing financial sector and bank failures**. The deflation that took place at the outset of the Great Depression was the most dramatic that the U.S. has ever experienced. Prices dropped an average of ten percent every year between the years of 1930 and 1933. "
+
+Prices drop 10% a year is something that won't stimulate the economy, ask yourself why would you buy a car worth 10k when next year it will be 9k or a house. People would spend much less because saving was making them money.
+
+This is something the economy can't afford right now, many companies are barely surviving and the least they need is people to be willing to spend less money because they don't want to spend their savings which are increasing in value.
+
+Crypto should be an edge against inflation which is rampant and most likely never tackled with, printing is done there's no way they will reverse course.
+
+No matter what the fed says I doubt they will actually go for deflationary policy. They might print less.
+
+Look at Obama's term he started with 2008 crash the housing crash!!!
+
+8 years of Obama's term with good economy and yet the fed didn't increase rates. Only when Trump became president did they started increasing.
+
+So if we take into account the same we still have 6 years left of Joe Biden with covid crisis, if he lives that long., with no rate hike.
+
+​
+
+Resume: Crypto will always be an edge against inflation which will never be tackled, No matter what the fed says crypto should do it's own thing.
+
+I fear more rampant inflation and the hit on my savings than a crypto crash, because crypto proved to me it can recover, and my savings are still worth less and less.
+This is a WORLDWIDE phenomenon.
+
+There are the Ameri-apes, the Europoor, the Nords, the South American contingent, the Ant Army, and on and on- we have seen posts and comments from every state in the USA, and every corner on the Globe;
+
+We apes are often and much separated by geography, nationality, lifestyle, income, and much, much more.
+
+Our distance and differences are wholly irrelevant.
+
+As individuals, with our own thoughts and independent actions, we have all independently decided we like the stock.
+
+A situation and circumstance not even remotely-comparable to institutions nor hedge funds nor any other manner of structured investment scenario.
+
+As individuals, geography allowing, many of us *individuals* have chosen to ‘vote with our dollars*, to do commerce with a known, established, commercial entity that is a leader in it’s market, has a rapidly growing back-end infrastructure, a growing top-notch leadership team, seemingly ever-expanding product-line and inventory, and becoming *renowned* for it’s customer-service, customer-support, and customer-communication.
+
+We gather in a virtual digital place to commune about something we are all passionate about, no different than model-train enthusiasts, lovers of art, people who enjoy wine.
+
+At the core of all of this, there is just simple math. ‘Supply vs. Demand’, the embodiment and actual practice of the Capitalist ethos.
+
+The situation is *really* that simple.
+
+As individuals, we are limited and bound by the rules, laws, and protocols of the small investor.
+
+We cannot trade in dark pools, nor use the Fed’s repo process to borrow billions of dollars at record rates.
+
+There are obvious problems in the market, mostly based purely in failures of enforcement of regulation.
+
+The entire apparatus is a House of Cards; Peter has been robbed to pay off Paul, to borrow from Steve, to loan liquidity to Tom, to grant margin to Jerry, so Jerry can package up some 2021 Credit Default Swaps, so Jimmy can short a company, so Peter can manipulate crypto...
+
+And on and on and on...
+
+It’s a giant circlejerk of financial instruments that the entire prosperity of the World Economy rests upon.
+
+Rules have been abused. The system has been tainted.
+
+”The Centre Does Not Hold”
+
+None of that matters. The math and science of the situation lead to only one possible action: BUY and HODL.
+
+To paraphrase some lines from Firefly:
+
+“We buy. We hold. That makes us righteous, and we are so very pretty.”
+
+💎🤲🏽
+We are getting closer to the endgame day by day. You know the saying by Gandhi: "First they ignore you, then they laugh at you, then they fight you, then you win." 
+
+We have been ignored, then laughed at 'dumb money' 'meme stocks'.. they are fighting us every day but i think they have one more shot, something big is going to happen. But whatever it is:
+
+WE HAVE BEEN THROUGH THE FEBRUARY BOOTCAMP AND OUR HANDS GROW STRONGER EVERY DAY. WE ARE COMMITTED TO THIS. WE ARE APES AND WE ARE GOING NOWHERE!
+
+💎🙌🦍🚀💯
+I am trying to understand better how much information is shared online when real estate is purchased. It seems the real estate industry is especially risky for privacy and security breaches, with real estate being a public business by nature.
+ 
+
+[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!*
+I'll be honest I have not really been paying attention to it, I invested money in it ages ago and just left it alone. It's been doing very well. But now I hear about some merger and also spinning off into a new company? Does that mean I will lose some of my position in O in exchange for some shares in the new spin-off company? In which case, seems like a risky/precarious position, no?
+
+Excuse my ignorance on this matter.
+I thought this was supposed to be something that was being proposed/discussed and potentially rolled out (at least in NSW)?
+
+Haven't heard a peep about it in months, yet it seems like a massive way to help with liquidity in the housing market. Googling likewise returns no recent results... seems it's conveniently been swept under the rug? 🤔
+*Watch your pennies and the pounds will take care of themselves.*
+
+Pretty simple, really. Don't piss your money away on stupid crap and watch your account balance rise.
+
+An easy adage to follow in principle but a slippery one if you don't watch it. Be careful to avoid tumbling from frugal to cheap.
+
+**When your "frugality" affects the lives of others you need to check yourself.**
+
+It's not your friends' or family's responsibility to pick up the rest of the tab when you toss in your "fair share" that's mysteriously missing your pro rated portion of tax & tip.
+
+And your server didn't create the system that leaves them relying on tips to pay the bills. If you live in a country where tipping's the norm...you either tip or you don't go out to eat.
+
+From not offering to pitch in on gas to heading home tired when it's your turn to buy a round - tightwads are easy to spot for everyone in the room except for the tightwad.
+
+Don't be "that guy."
+
+A big part of maintaining a high savings rate is forcing yourself to go without...but no part of your plan should be mooching off of others.
+
+**Lo mas barato cuesta caro.**
+
+There's a saying here in Mexico that says: *The cheapest option generally turns out to be the most expensive.*
+
+Being frugal doesn't always mean purchasing the lowest price good or service. Be smart about knowing when to go cheap and when to pay for quality.
+
+A $200 pair of work boots that last 2 years is better for your long-term bottom line than 4 $70 pairs that last 6 months.
+
+Be frugal, not cheap.
+So my partner and I are getting married and buying a house at the same time (stressful). But we were uncertain of how to arrange our finances for bills, mortgages and general spend. So I would like to find the most efficient way of doing this.
+
+I know everyone does things differently, some pay both salaries into a joint account, some may retain their own accounts and split bills, some may retain their accounts and then have a standing order to their joint accounts. 
+
+Some may split bills down the middle, some take a percentage from their salaries.
+
+My question is, what does everyone do and have you had any major issues in the ways you have done it?
+
+Thanks!
+
+Edit: thanks for all the responses!
+what is BART in crypto context ? I keep hearing the term but i dont know what it is.
+
+when i googled it, it shows some TA pattern. Can anyone please tell me what's the full form of it ?
+
+term i heard :
+
+1. BART move detection
+2. you can't be an HFT firm in crypto without looking into BARTs
+
+etc..
+
+Is it like some kind of an event or something ? any pointers would be appreciated, thanks in advance!
+[https://capital.com/gamestop-share-price](https://capital.com/gamestop-share-price)
+
+Check it yourself and then get back to your actual job
+
+​
+
+Edit: update as of 10:30 CST: 83% buyers. Ooooooo scary
+
+Edit 2: There's been some confusion between this an FINRA numbers. This is a metric for an instant snapshot of market sentiment towards GME by users of Capital.com. Take a look at the below post for FINRA Buy/Sell.
+
+Spoiler alert: It was at 4:1 as of market close 04/09/21. Bullish AF.
+
+[https://www.reddit.com/r/Superstonk/comments/mpfegl/41\_buysell\_ratio\_on\_gme\_right\_now/](https://www.reddit.com/r/Superstonk/comments/mpfegl/41_buysell_ratio_on_gme_right_now/)
+Hi.
+
+As post says my wife is terminally ill with cancer. We’ve come to terms as much as we can.  We are focused on using the decent health she has to spend time with the children and prepare for the inevitable. I’ve ring fenced some money and excluded from  the below. 
+
+The emotion is done and we are pragmatic about what we need to do. We have a meeting with a financial advisor next week provided by a charity to go through some of the immediate issues. 
+
+Looking ahead past that point I need to provide for myself and two young children.  6 months and almost 4 years old.
+
+Currently I’m on extended leave from work.  Paid.  They’ve been great.  I’m on a circa £100k.  But they won’t pay me forever.  
+
+It is a senior position and fairly intense.  Not something I’ll be able to do with two children.  Maybe part time somewhere else in the organisation. I’ve yet to ask for longer term options.  I couldn’t successfully succeed in a role such as that WFH.
+
+At my disposal is approx:
+
+£12k Vanguard ISA
+£73k critical illness payment (untouched)
+£50k premium bonds 
+£35k cash savings
+
+Buy to let property £55k equity.  The income matches the repayment.  This is actually a drag on cash flow £500 a year after insurance and maintenance. There is £70k left on this mortgage.  That if paid would give me an income of £550 a month. 
+
+We own a £450k house with £90k left on mortgage.
+
+I’ve only got £110k in my pension.  So I do need to get my career back on track eventually. My wife has a pension but we don’t know what is in it. Maybe £20k. 
+
+We’ve few relatives capable of helping with child care.  I want to raise the children until they go to school at least anyway. 
+
+So I need to take several years out surviving part time at best.  
+
+My question is, how would you do this?  Sell the buy to let?  Pay the mortgage?  Pay the buy to let off? Get an au pair / childcare and go to work for a while longer?
+
+I really don’t know.  My heart says sod it, survive on savings till children at school. But I want to spoil them rotten and that takes money.
+
+I would suggest that I do have an elderly relative, I’d estimate I’m set to inherit £300k in the next 5 years.
+
+I’m lucky we’ve got money and have done well.  I just want to give my children best life possible.  I’m pragmatic enough to know that me just staying home and spending all the money isn’t necessarily best for them. 
+
+So UKPF, I don’t need your sympathy, please can I have I some cold financial opinions on what am earth maximises what I have? Is it a pipe dream to say survive 4 years on these savings. I dunno.
+
+Edit.  Sorry outgoings.
+
+Like £400 food a month.  £500 mortgage.  Gas/Electric £100.  We live pretty frugal.  Max essential outgoings including clothes insurance etc £2000 at the moment.  
+
+We’ve also got £25k in the two cars we own out right.  I guess we could sell one now. That’s another £10k in the bank.
+Guten Tag to this global band of Apes! 👋🦍
+
+###DST has ended in Germany, so until the US also adjusts this thread will begin an hour later than usual and only update for one hour before US premarket.
+
+Wednesday was a very telling day. It confirmed several very important tenets of the GME Squeeze: that 'baskets' of meme stocks are swapped to the books of bag-holding banks, and strong movement in one is likely to lift the others. Additionally, the run up to $250 prompted an aggressive short attack back to $215, likely due to the 1-hour margin requirements. Finally, that GME has just as much gusto as ever, ending the day up $11 after enduring the strongest pushback from the hedgies in months.
+
+With so much activity happening in the stock, there is still plenty to discuss about the company. We have further hints at the LoopRing and GameStop partnership launching soon, and with the extended conference call yesterday the announcement might be imminent. One thing is certain: Ryan Cohen and company are moving carefully and with determination to fundamentally change the business model of GameStop. When they are ready to announce, they will, and I have no doubt that it will be both huge and well-received by eager customers. I am proud to be a shareholder of this company, and no amount of price spikes/dips/FOMO is going to change that.
+
+Today is Thursday, November 4th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 60 minutes in: **$218.17 / 188,44 €**  *(volume: 592)*
+- ⬜ 55 minutes in: $218.25 / 188,50 €  *(volume: 586)*
+- ⬜ 50 minutes in: $218.25 / 188,50 €  *(volume: 577)*
+- 🟩 45 minutes in: $218.25 / 188,50 €  *(volume: 503)*
+- 🟥 40 minutes in: $218.19 / 188,45 €  *(volume: 446)*
+- 🟩 35 minutes in: $218.20 / 188,46 €  *(volume: 433)*
+- ⬜ 30 minutes in: $218.19 / 188,45 €  *(volume: 427)*
+- 🟥 25 minutes in: $218.19 / 188,45 €  *(volume: 398)*
+- 🟥 20 minutes in: $218.23 / 188,49 €  *(volume: 379)*
+- 🟩 15 minutes in: $218.25 / 188,50 €  *(volume: 344)*
+- 🟩 10 minutes in: $217.98 / 188,27 €  *(volume: 309)*
+- 🟩 5 minutes in: $217.96 / 188,25 €  *(volume: 253)*
+- 🟥 0 minutes in: $217.15 / 187,55 €  *(volume: 24)*
+- 🟩 US close price: $218.33 / 188,57 €   *($216.00 / 186,56 € 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 1.1578. 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!
+The bullrun is back in full force. I can smell new all time highs in the next few days. 
+
+But altcoins aren't moving as much as you expected. Time to go all in on BTC again? No. Not yet. 
+
+Understand that everything pumps in turn (granted they're good projects).
+
+Don't chase anything. That's the only way you will lose money during a bullrun. Believe me I've tried.
+
+If you've chosen a good project well and with conviction. There's high chance that it will pump in the next few weeks. There's always been a history of an alt season following a BTC pump. However, take my words with a grain of salt. 
+
+History doesn't repeat itself but it certainly rhymes.
+
+Mandatory disclaimer: Not financial advice!
+
+EDIT: BTC just made new ATH within hours!!!
+I bought my standard starter home two-bed terrace about 3.5 years ago for £125,000. At the time it was about the best I could afford for my wife and me and convenient for my office (that I may no longer need to go to...)
+
+My neighbours at that time were a recently retired couple on one side, and an elderly lady on the other side. It was nice and quiet, and while the area at large is not great, we were insulated by being surrounded by quiet and considerate people.
+
+Fast forward to now, and the old lady has died and her sons have sold the house to a 'developer' for a knock-down £90k owing to its relatively poor condition. The developer has since carved up the house into five bedrooms and some communal space (an HMO). The tenants so far have been a mixed bag, mostly OK, but there is increased noise and the house is starting to look unkempt from the outside (litter and weeds). Basically, it is no longer the quiet spot where we thought we might start our family. I struggle to relax, and every time somebody new moves in I have a period of anxiety where we wait to find out how disruptive they are going to be.
+
+Other material changes are that I may only have to attend my office twice a week in the future, and it changed locations during the lockdown (the train station near to my current house is no longer an option for travelling to work) anyway. My salary has increased somewhat in the last few years, plus I have some savings (£11k) and some inheritance (£13k).
+
+My concern is that, due to the HMO next door, my house may have lost some of its value, or may only be of interest to a developer who would want to pay as little as possible. I am extremely anxious about becoming 'stuck' in the property, and I am considering if it might be worth it in the long run to sell at a loss and just use my savings and inheritance to buy a new place (£200k would likely get me what I want and I have the salary and enough in cash for a 10% deposit). I still owe £98k on the mortgage, and I assume I could sell for a little more than that. I was thinking to wait and see what happens after the end of furlough and the transition period and then reassess.
+
+Am I being stupid? Is the value of my property likely to be unaffected anyway? Am I just being a big NIMBY?
+
+EDIT: Just want to say thanks for all the incredibly helpful responses. An estate agent is coming round on Wednesday to take a look and I guess that will give us an idea.
+https://www.cnbc.com/amp/2018/09/05/fannie-mae-freddie-mac-are-uncle-sams-cash-cows-a-decade-after-crash.html?__source=sharebar%7Ctwitter&par=sharebar&__twitter_impression=true
+I was today years old when I found out that Barnes & Noble the Number 1 book retailer at the time, spun off GameStop Corp. 
+
+I thought it was an interesting thing to consider while people are digging into GameStop history. 
+
+https://preview.redd.it/18zrass5hj5a1.png?width=1025&format=png&auto=webp&s=d0b71fcc13700647a23ddc074ee5b9b773015c1d
+
+The Filing can be found here. https://www.sec.gov/Archives/edgar/data/890491/000095012304013040/y00164exv99w1.htm
+
+​
+
+https://preview.redd.it/t8e3tuhahj5a1.png?width=1026&format=png&auto=webp&s=4d01abe5b27e5c21484dd1cda24835e7207b5946
+Miami Party Giveaway: [https://twitter.com/LOFcrypto/status/1391135907076509697?s=20](https://twitter.com/LOFcrypto/status/1391135907076509697?s=20)
+
+Übereat ads going out soon: [https://twitter.com/lofcrypto/status/1395495489907437570?s=21](https://twitter.com/lofcrypto/status/1395495489907437570?s=21)
+
+* 10 smoking hot promoters from Onlyfans on a BRAND NEW marketing team:
+* April Summers: Million of Followers.
+* Lila June: 20k on IG, 5k on twitter.
+* Jasmine Mims: 28k followers on IG.
+* Ocean Babe: 8k followers.
+* Kayla Powers: 121k Followers on IG, 2k on twitter.
+* Suz Owo: 56k followers on IG, growing on tiktok.
+* Kristina Guberman: 7k followers on IG, but have an own tv show, webpage and blog.
+* Swolfie: 3k followers on IG.
+* Quinn La Belleza: 2k followers.
+* Blair Harpe: 76k followers on IG, 4k on twitter.
+* Blondie Rosiie: 114k followers on IG.
+* Nikki Fitness: Upcomer!
+
+Many of those are in the top 1% on OF!
+
+April Summer free only fans VIP giveaway: [https://twitter.com/lofcrypto/status/1394000379831017472?s=21](https://twitter.com/lofcrypto/status/1394000379831017472?s=21)
+
+Suz Owo Only Fans VIP contest: [https://twitter.com/lofcrypto/status/1395429832503218177?s=21](https://twitter.com/lofcrypto/status/1395429832503218177?s=21)
+
+Tokenomics:
+
+* Total Supply: 1.000.000.000.000.000.
+* Tokens Burned: 253.000.000.000.000
+* 3% Burned on every transaction.
+* 3% Redistribution to existing holders
+* 3% to liquidity.
+* Liquidity Pool: Locked 5 years.
+* Marketing token: 5%.
+* Doxxed devs.
+
+Founder: Mario Cardenas and Belinda Santillan - Good track record onLinkedIN.
+
+Whitepaper: [https://lofcrypto.com/wp-content/uploads/2021/05/LOF-Whitepaper.pdf](https://lofcrypto.com/wp-content/uploads/2021/05/LOF-Whitepaper.pdf)
+
+Roadmap: Stakepool, NFT Platform coming (very soon!), Utilites for token, HUUUUGE marketing campaigns, Acquire an LLC to solidify the business, Donations and more.
+
+Listed on: Bscscan, Blockfolio, Coinsbit, Coingecko, PancakeSwap, Bogged Finance, Reddit, Twitter, Telegram, Tiktok, Medium.
+
+DYOR: [https://lofcrypto.com/](https://lofcrypto.com/)
+
+DYOR2: [https://twitter.com/lofcrypto?s=21](https://twitter.com/lofcrypto?s=21)
+
+Its a steal at 2.7m market cap!
+Hello guys, I'm a long time lurker in r/askeconomics. I recently stumbled upon [this post detailing the harmful effects of inequality](https://www.reddit.com/user/flesh_eating_turtle/comments/igsuvm/the_harmful_effects_of_inequality/?utm_source=share&utm_medium=web2x&context=3) from u/flesh_eating_turtle's profile after reading a response of his in a recent thread. I wanted a second opinion, preferably from an educated Libertarian, because I want to hear what people on the other side of the isle have to say about it. If inequality is so harmful, then shouldn't it be common sense to raise taxes and expand the welfare state in America?
+In regular stock trading, an individual buys a company's stock, thus increasing the demand for that stock, and increasing it's price. A company's "worth," or what people think it's worth, is reflected by it's stock price. 
+
+
+However, in commodities trading, I'm just buying... What, what am I buying? Am I buying, literally, a share of the current stock of copper? Or am I buying a share of stock of a mining company that extracts copper from the earth? Where is my money going when I buy into commodities trading? 
+
+
+What is the linking mechanism between me owning stock of a commodity and the actual commodity?
+Looking for some book recommendations... I've completed a bachelor's in economics and am looking for a little more applied research. Have read Kahneman's *Thinking, Fast and Slow*, which was good. Am thinking about reading *Why Nations Fail.* Any other ideas?
+What is in their "toolbox" to address this?  Currently they are using ultra low interest rate and QE to try to address their employment mandate but what if price increases become rampant while unemployment is still up.  Just say full employment mandate be damned and jack up the interest rate?  Or do they keep the loose money flowing and ignore the price stability mandate? What do you think?
+I would expect this to be true because rich people simply have more options than poor people. For example, if you tax food i doubt it would create a lot of DWL because people still need to eat regardless of how expensive it is. On the other hand if you tax private jets then a rich person can easily just not buy one and still be fine. Likewise for income if you tax someone making $50k/year then what are they going to do? Its not like they can simply choose to not work, they still have bills to pay and mouths to feed. But if you tax someone making $10M/year then they can choose to not work because they likely have enough savings to live off or they can easily move to another location with less taxes.
+
+
+Of course all of the above is just thought experiments. I wonder what the results are in reality.
+The [new rules which were announced several months ago](https://www.reddit.com/r/AskEconomics/comments/9cj512/announcing_a_new_policy_direction_for/) are now in place. All top-level comments will be auto-removed, pending approval from white-listed users with comment approval/removal abilities.
+
+**Notes**
+
++ For those asking questions, please be patient as comments are approved. It may take longer to get a response, but the responses you do get should be higher quality standard now than they were before.
+
++ If you are answering a question and are not a white-listed user, please be sure to write high quality answers if you would like them approved. As a rough set of guidelines, this means providing detailed and correct explanations, showing your economic reasoning and/or economic models, citing research where appropriate and answering the question as fully as possible. Short, incomplete and misleading answers are much less likely to be approved.
+
++ Top level comments asking for clarification from the OP, asking additional related questions, and other such requests are fine and will be approved.
+
++ If you are a white-listed user, please approve comments that meet these subjective guidelines. Please also approve any comments asking further questions or clarifying. Keep those answers that do not meet this standard as removed.
+
++ **If you are answering questions and would like to be white-listed**, please leave a top-level comment here with 4-5 posts highlighting your knowledge of economics. You may also message the mods with these posts. We do not care about formal credentials, only your history of comments showing good economic reasoning. With that said, the standard for a white listed user is roughly having the knowledge from an undergraduate degree in economics. Comments do not have to be from /r/AskEconomics to highlight your knowledge.
+
+This post is the successor to the previous [Why am I not seeing answers](https://www.reddit.com/r/AskEconomics/comments/f5wfok/why_am_i_not_seeing_answers/) sticky.  Due to limits on the number of stickied posts, it also replaces the [Coronavirus Megathread](https://www.reddit.com/r/AskEconomics/comments/fjbav7/coronavirus_megathread/?sort=new), which has not seen much recent activity.
+This question is with regards to one of Mr. Sanders taxation proposals. What would be the impact of a Financial Transactions Tax? From what I understand the U.S. currently has capital gains tax and taxes dividends or interest payments as ordinary income.
+
+ Would an FFT not reduce the tax income the IRS makes on the other two taxes, reduce the amount of transactions made (I am thinking of High Frequency Funds which make up 50% of the equities market transaction) and thereby also reducing the potential income from the FFT?
+
+Moreover what would be the impacts on Banks, mainly for equities floors which work with already narrow and decreasing spreads. Could that entirely eat up any remaining revenues the banks still have? Also would an FFT also apply to hedges made by banks to facilitate their role as market makers? 
+
+My concern is that an economy needs strong banks and actions which reduce the revenues of banks by either increasing the tax on capital gains or increasing the cost of transaction, regardless of the trades outcome would put the banks in a less stable position. This would also make the cash on hands/treasury requirement of usually some 10% more bloated due to the increased costs of transacting.
+
+If there is any literature on any points above please give the reference. 
+
+Thanks
+I watched a video on youtube about life in the 50s and noticed that most of the comments were about how affordable things were back then compared to now. They talked about you could easily support a family on one income and how it wasn't necessary to have a degree to make good money. Is this true? If so, why did the cost of living increase?
+IIRC: Thomas Pogge suggests from a cosmopolitan standpoint a redistrubution of wealth which he calls the Global Resources Dividend (GRD) proposal in order for the global affluent to help the global poor. However, Thomas Nagel argues from a Rawlsian political view that mere economic interaction would be insufficient in helping the global poor and instead suggests that socioeconomic equality should be established within states while humanitarian assistance such as international economic interaction should not be as highly prioritized.
+
+Although I believe that Nagel’s argument is better for it’s greater practicality, I still also very much care about those who are not co-citizens. So now I have this question: How would it be realistically possible for the global affluent to effectively help the global poor?
+
+(I originally asked this in r/askphilosophy but I was told that this goes more into economics. Then I posted here but I wanted to repost this to provide greater context for Pogge’s argument and Nagel’s argument respectively.)
+
+Edit: Thank you all for your replies.
+The Fed raised interest rates in 1928 and 1929 to quell out speculative interests in the markets. Were people expecting the Fed to keep rates low? Was there any widespread market talk of the Fed raising rates and people brushing it off as unsubstantiated rumors?
+I've been ALL in since march. Like.... every cent to my name.
+
+I had no 401k to speak of after taking most of it our during COVID when I could do so without penalties and used it to pay bills. Since March I've matched my max company match (8% for company match of 6.4%) and every cent of that is invested in GME (51 shares as of today. I know, no positions, but that's just my 401k and I also have an individual investment account, so it's just a partial positon xD)
+
+I've spent every spare dollar I have investing, to the point I went full retard and took out a $10k loan to buy more. I'm a xxx holder with 95% of my shares from my individual account DRS'ed. Hell, I spent some money I didn't even have, accidentally overdrafting my bank account because I invested too much and forgot about a bill or two that was due that check!
+
+I'm tapped out. My purchases are now almost exclusively in my 401k as it takes every penny I own to keep my bills paid as I wait for this thing to blow.... and it WILL blow, eventually....
+
+But, back to my original question: How the hell do some of you still have $xx,xxx that you are dropping on these dips? Either you're making 7 figures a year and that ten grand is just what you have to spare each check, or you weren't 100% in on GME yet.... and that's the real question here, why the fuck weren't you already in 100%?
+
+To all my brothers and sisters out there who can't afford to buy the dip because you're already 110% in, don't worry, our time will come.
+
+To all those who are able to buy the dip because you weren't 100% in..... and I mean this in the nicest possible way.... Fuck you and I'll see you tomorrow /insert meme  
+
+
+EDIT: To all those smartasses saying they have a Job...... what's that? Kidding, I have two of them and work 60-65 hours a week between the two. I make \~100k a year, though between the kids and their sports and the wife with her never-ending list of home projects, I don't have a lot of fun money.
+I wanted to start a FATFire discussion that’s more lawyer-oriented.
+
+About me: I am 36 y/o male, single, running a solo law firm. I’ll probably take home about $250k this year. Not bad, but not really feeling particularly fulfilled, and also not feeling that great about my income. Currently the biggest challenge is that I have a larger client, call ‘em “mainclient,” from which I get about 75% of my income. I cannot offload mainclient’s work on an associate for relationship reasons, i.e., they hired me specifically and I think I’d lose the business if I told them that I am only going to be supervising an associate who will do their work from now on.
+
+Choices: I am not specifically asking you guys what path to take, but just thinking out loud.
+
+1)      I could keep doing what I am doing and see to add more clients and an associate… the downside is that mainclient takes up 40-50 hours per week so I am not exactly flush with time to train anyone else, or to generate more clients. Maybe I could add some real estate investing or something on the side
+2)      I could dump main client and try to start some sort of volume-based shop. I am getting a bit tired of doing all the legal work anyways and sort of want to try my hand at managing more, and lawyering less. Cons: pretty obvious I have no idea how to actually make this happen
+3)      I could try to join biglaw, though I am a bit too seasoned. Also I have a strong resume, but not exactly T14 + SCOTUS clerkship etc.
+
+Question: for you successful lawyers out there, what blueprint do you recommend for increasing income? I am interested in hearing everyone’s path! Bonus points for career paths that don’t require kissing ass every day.
+Background: Wife and I have had a good few years financially and are about to start branching out from early life frugality. We're not big fans of luxury goods but we do like anything that allows us to spend more time with our kids (2 and 3 with one on the way) and each other. I'm full time employed and she raises the kids. TNW ~8mm in ETFs/bond funds, ~20mm in highly illiquid startup equity/IP, income 340k/yr, house paid off and 529's loaded.
+
+For those that have tried the following, can you please give opinions (including if they're worth it and if so best way to go about getting these things/services):
+
+
+- A cleaner to come once per week to do the unpleasant/deep cleaning like showers, garage etc.
+
+
+- Yard service/landscaping to come maybe once a month? to help with the outlying parts of our property. We enjoy taking care of the stuff right around the house but the far reaches don't get much attention and it shows.
+
+
+- Au pair/live in babysitter/helper; I had originally planned to decrease my employed job and do mostly this, but one of the startups I mentor has really taken off and they're a very high quality group of people working on an important, under served medical need. I'm going to transition my free time mostly to them (which will be more "fun" for me) and I want my wife to get that same feeling of more freedom/less obligation.
+
+
+- Subscription/specialty cooked food 2-5 days a week. There are a few services/chefs that offer this in my area and, while my wife is an excellent cook, she also enjoys getting take out and always comments about how nice it is to not have to think about dinner when we get it. She's a bit of a health freak and always feels guilty about high cal/fat food (for the record I don't at all) and maybe this way we could get healthy meals with the same convenience?
+
+
+Anything else that you have tried that would make the life of a homemaker/homebodies better while not fully outsourcing childcare/home maintenance etc?
+So I’ve heard from other wealthy individuals that at a certain point it’s better to use debt to borrow against equities to buy stuff because it’s cheaper then paying capital gains. I’ve never understood how this works can someone explain this in an easy to understand format?
+Looking for some guidance on an idea that I have that I'm hoping some members of this community have experience with.
+
+For some background, I'm 23, going to make \~150k this year, and have always had an interest in being philanthropic and maximizing the impact that I can have. Now that I am starting to make more money, I want to plan so that my money in the future can have a more significant impact than if I were to just donate my excess cash today.
+
+My idea I'm toying with is to set up a private foundation to invest under. I would put 500-1000 / month in it for now and increase that as my earnings increase (also putting 10-15% of bonuses in this). I would plan on having it be a simple index investment (maybe an ESG fund but need to read more on those). The plan would then be once the fund hits \~1M in say 15-20 years, use the 4% rule to give out a yearly grant of \~40k (or 2 grants of 20k) to the two causes that I am most passionate about. 
+
+My questions are mainly:
+
+1. Can I invest under a private foundation and not give out grants for a decade +?
+2. Is there a more effective way to use this money philanthropically?
+3. Would being under a 501(c)(3) let me give these grants without paying capital gains tax on the earnings?
+
+Any other advice or ideas would be greatly appreciated, thanks in advance for any help.
+I have a brokerage account that I contribute $200/month to after my tax advantaged accounts are maxed out. It's 40% Vti/40% Schd/10% Vxus/10% Schy. The problem is that after I buy whatever ETF, I'm left with $5-$20 in the account and I can't buy partial ETFs. I can, however, buy partial stocks. 
+
+My question is, what stock would you all buy partial shares of with a couple bucks a month? I'm looking for something that would compliment my portfolio, so probably not something that's a large percentage of any of those ETFs. It also needs to be something that gives qualified dividends.
+
+I'd love to hear what you think!
+Well I did it.  I quit my job today, giving my three-week notice.  I’ve been at my company for 14-years. 
+
+My wife and I are “technically” FI when I include our retirement savings.  Both of us are 37 and have $2.3 million net worth, living in the Midwest.  We had been working aggressively to build up our regular, taxable accounts to help with the bridge years.  The taxable accounts have $460K at the moment.  The rest is retirement, paid-off home, and two paid-off rental properties.
+
+I expected to keep working for 3-4 more years —- but the combination of challenging work environment this last year (and especially in recent months), as well as some parental guilt for sacrificing so much family time for work —- pushed me over the edge.  I really want to enjoy the time with my kids while they are still very young.  The immediate desire is to give my kids a traditional summer break......no more all-day daycare, where we drop them off at 7:30am and pick them up at 5:30pm.  
+
+It was extremely difficult to walk away from my position, my team, my salary.  It is a good company with a good mission, but it felt like it was the right time.  My wife will still continue working.  She loves her job and didn’t have the same desire to take a break.  That’s also why I’m calling this a “partial FIRE” at the moment. 
+
+We had been fortunate to maintain a pretty high savings rate for the past 10 years.  We both made roughly the same amount.  And we always tried to live off one income.  So in this next chapter of our lives, all of our regular expenses will continue to be paid with one income (plus $2K monthly rental income). We won’t have to immediately dip into savings — and instead, will still be able to save 15-20% of her paycheck each month.  That seemed to help ease my mind when thinking about this decision.  
+
+Thank you to all in the FIRE community for your stories, knowledge, motivation, and more. I didn’t expect that 2019 would be a milestone year in our FIRE journey, but I’m here now! I’m a long-time reader of the subreddit, but felt like I needed to write down my thoughts as I was getting ready for bed. I feel very fortunate and very privileged to be in this position —- having the opportunity to walk away from full-time employment and to put my family first. 
+
+We are FI, but I’m still not sure on the RE part just yet.  But that’s also the benefit of all this work and hitting FI - flexibility.  If our investments are struggling or for some other unforeseen reason, I may choose to look for another job come end-of-summer or fall.  Or if they’re doing great, I may keep the RE portion going longer.  But for now, I’m just excited to enjoy the summer with my two kids!
+After months of FUD and even that one guy who sold all his holding because he thought he was going to jail, India is finally taking a stance of not banning cryptocurrencies and will instead regulate it!
+
+
+Nischall Shetty, Co-founder of WazirX, tweeted today about the details of how India is going to proceed with regulating cryptocurrencies. They will be forming a separate committee to discus this and will include major crypto leaders in regulation process.
+
+
+Here are the key points for anyone interested:
+
+
+1. Crypto classified as “Digital Assets” 
+
+
+2. Committee core is to “Regulate” Crypto 
+
+
+3. Government understands crypto is cutting edge, 2019 Bill outdated 
+
+
+4. Government wants to engage with industry 
+
+
+5. FinMin monitoring Crypto volumes in country 
+
+
+6. FinMin engaging with stakeholders to understand all supervisory risks
+
+
+ 7. Fresh panel to be formed 
+
+
+8. RBIs CBDC initiative to get a boost as well 
+
+
+9. Mr. Anurag Thakur might be part of the committee!
+I’ve been working for 7 months now after graduating with my BS in Nuclear Engineering. I’m estimated to make ~60k this year if my OT opportunities keep this pace. I have $120k in student loans left and have paid off $16,200 so far and live off of $1-1.1k/month. This Christmas I mentioned to my grandpa that I wouldn’t be getting any tax deductions on the interest or accumulating any credit score for the loans because $88k of them were in my parents name. And that I was trying to refinance under my name to get better interest rates and get them out of my parent’s name, but kept getting denied from companies that were supposed to specialize in student loan refinancing. (my interest rates averaged out to 6.2% on a 10 year plan compounded daily. My parent’s credit score also took a major hit due to the loans) He owns a business and has had the same bank for years and all of my family uses them too. So he made a few calls and got the bank to do him a favor. 
+He got them to agree to a 7 year loan for 3% with him as the co-signer!
+
+That rate is insane. And I’ve been told that  less than 4% means it’s beneficial to invest, so I’m trying to reroute my monthly budget. Before, I was giving myself 0 cash flow and investments and only $1000 for emergencies, and dumping everything towards the loans.
+
+I’m paid hourly and biweekly on a 5 week cyclical shift work schedule. On the worst month, I make ~$3000 after taxes. But I average $3300-3400/month take home.
+
+My current budget plan is:
+
+$1600/month loan payment
+
+$1000/month living expenses
+
+$200/month minimum savings up to $10,000 (~4 months living expenses for emergency.)
+
+$100 maximum (until I get a raise) to Roth IRA
+
+$100 maximum to bridge fund investments (Currently ETFs/Dividend stocks)
+
+I’m expecting a $10,000/year raise by around May/June. 
+Note: I’m also job hunting for something with better pay that better utilizes the “engineering” part of my degree, so I’m only putting 3% (the minimum) into my company retirement fund as I don’t plan of being there long enough to get the employer match.
+
+Any tips or suggestions on how to best budget around this new loan interest rate would be appreciated.
+True story. Coworker of mine kept telling me it would go off. I had almost no knowledge of crypto currency. We had an office drinking party like most Friday's go in our office and I got real curious. He made it sound so great so I said fuck it and bought 15 of them at ~$50 each. 
+
+I took him out for some surf and turf today. Clearly I still owe him for that. 
+
+I'm drunk now and just thought about this story. Thought you all would like to hear it. 
+
+Edit: and everyone clapped
+After rejecting the option of a Tiny Home (still too much money for this couple), they chose an RV camping trailer because they were broke.  And then they felt they could find an even cheaper camping trailer (and more space) if they sacrificed a washroom (They figured washrooms are available everywhere and a person only spends 30 mins/day in them; So why not just use friend's/family's homes on the way to work for showering, public/work washrooms, etc). 
+
+Seems like it was supposed to be a stop-gap to save enough to buy a home.
+
+And now, after 1 year, they're loving the lifestyle, and figure they're living the journey; Relocating to different locations to stir things up and to seek new adventure, meeting a lot of friends along the way, rock climbing after work, evenings by the bonfire, friends dropping over for beers, etc.    For some (dependent upon interests and personalities) this seems like it could be an exciting and busy life (and relaxing at the same time).
+
+Probably a person could save a crap-load of money.   Yet it would only be an option if someone really loved the great outdoors, and if one were to find an RV that had a high enough RV furnace BTU and insulation rating for long winters (in Northern climates).  
+
+Here's their YouTube 
+
+https://www.youtube.com/watch?v=eA327Mtrex8
+I’m 25F, Master’s degree in physical sciences, and have been working at my R&D company for over 6 years. I very quickly moved up in my group, from intern (2016) to Associate Scientist (2018) to Scientist (2021) to interim manager (2022) while my boss is away for a year. In my MCOL city, I’ve been comfortable as my pay has ranged from 60k starting out to 77k + 7.5k bonus now. 
+
+
+I’ve been made aware that my boss is not returning into his own role upon his return, so a new manager will be needed, and I’ll likely be asked. While I’m currently enjoying a decent portion of my managerial responsibilities, it’s a lot of work. I went from hardly worrying about work outside of work, and now I’m regularly responding to emails at night or early morning. I went from working 37ish hours to 48+ recently. 
+
+While the permanent promotion is exciting, I can’t help but worry taking on a “big” role so young will force me to make compromises in my personal life (leisure activities, spending less time with SO, travel, may delay marriage and/or kids). The higher pay will obviously help me reach my FI goals, but at what cost? I’m curious to hear your stories!
+
+EDIT: changed typo bonus from 7500k to 7.5k
+I keep hearing that markets become a monopoly when a a single supplier controls a high percentage of a market, I’ve heard numbers from 25% - 90%. But the definition I was taught is that monopolies occur strictly when a single supplier controls 100% of a market and that any other competition is most likely illegal. Can someone please clarify for me?
+I've recently encountered this term. However it's consistently postulated by people with an agenda for socialism. The only place I found about this, is [clearly biased and not open to debate](https://www.reddit.com/r/LateStageCapitalism/).
+
+I'm wondering if there's been any accurate analysis on the effects capitalist progression. Is there such a thing as "late stage capitalism" or is "stage" and "capitalism" an oxymoron?
+
+I am also curious if there are any books written in general on the failings of capitalism from a pro-capitalist standpoint. Relevant topics would include how in some cases in some industries oligopolies arise, which in turn diminish competition. Or how there needs to be sufficient parameters for competition to operate, e.g. you cannot have competition with small populations for some industries. Or how somethings, such as projects done by DARPA, will never be profitably feasible to bring to market. Or the effect of increasing efficiency ultimately leading to unemployment, which could effect societal stability and perhaps tax revenue.
+
+Any thoughts about this topic in general or well written books on it would be welcomed.
+
+Thanks
+
+​
+Good Morning Apes!
+
+So today is our first ETF FTD date from FTDs created on the Nov. 23rd drop, how much of these FTDs were covered in the massive amount of internalized volume from Friday is hard to say. Even though these internalized and dark pool orders will need to "execute" at some point during the trading day today the effect of that volatility is an unknown. While I do expect buy pressure to exceed sell/short pressure today the internalization of the order flow could upset that expectation, in the short term.
+
+Many contracts were sold at market open Friday due to the after market spike in IV which will reduce gamma exposure over the T+2 window that ends Wednesday.
+
+I think u/yelyah2's model picked up on this shift, seeing the DN drop a bit Friday, but many more options were bought on Friday's dip, possibly/hopefully counteracting that effect.
+
+[Dec 3 MM FTD and Nov 23 ETF FTDs due today.](https://preview.redd.it/rijvjlex5va81.png?width=2462&format=png&auto=webp&s=e55d7a0ec934b65ca027722a266a6194b9c1647e)
+
+[Net Short](https://preview.redd.it/rmcfgrjg7va81.png?width=205&format=png&auto=webp&s=69901be7613058622f8ba509334e8f5f425dd636)
+
+Lastly from a technical perspective we look primed for a bounce
+
+[Technical indicators on the 1D chart](https://preview.redd.it/88q4hyum6va81.png?width=1590&format=png&auto=webp&s=160b73ac6554965ad6c868e9b22157c5b1a49b40)
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream Clips.**
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After Hours
+
+Another day of big put resistance with the leverage being shed into the end of the day on that RIP. The 58% of Friday's Dark Pool volume and the 5.48m traded today are awfully coincidental, to say the least. I sort of expect more after hours volatility to be honest. We will see what tomorrow brings as these FTD cycles are compounding as we move into the cycle from here on out. Thank you for hanging out. 
+
+\- Gherkinit 
+
+https://preview.redd.it/0nlpno5fdxa81.png?width=693&format=png&auto=webp&s=de6f1257472f75673f92df1d98b2976219b51ebd
+
+Edit 3 12:53
+
+Looks like a breakout, let's see if volume is sustained.
+
+https://preview.redd.it/rtuow02jfwa81.png?width=1590&format=png&auto=webp&s=7c034b806137dfdbbe94b05a4c1a788e05b783dc
+
+Edit 2 11:07
+
+Sustaining support at 120, but massive numbers of ITM puts coming in this is a concentrated effort to drive the price down.
+
+https://preview.redd.it/7vy4mz4nwva81.png?width=1583&format=png&auto=webp&s=cf38b4d07120a0fcb9616d569158e36233ed18bf
+
+https://preview.redd.it/vqbrlx4pwva81.png?width=920&format=png&auto=webp&s=1b37c59f0756df1febe439e5126c44f6c4c52295
+
+Edit 1 9:47
+
+Significant short volume to open the day, backed up by the downturn in the overall market. Looks like we found some stability on 126. Guess they are using those borrowed shares to give us extra discounts.
+
+https://preview.redd.it/cq5pzameiva81.png?width=1584&format=png&auto=webp&s=1b3b571d0c543a45a0a9c7ddbc0fe274d4b2521a
+
+# Pre-Market Analysis
+
+Down about 3.89% currently with a decent amount of volume traded. No obvious gaps to the downside
+
+Volume: 54.12k
+
+Max Pain: $140
+
+Shares to Borrow:
+
+IBKR - 20,000 @ 0.6% (rate moving back up)
+
+Fidelity - 0 @ 0.75% 👀
+
+[GME pre-market 1m](https://preview.redd.it/5j7id22b8va81.png?width=1592&format=png&auto=webp&s=93d389e8575010c0b5e1af05bea316278bff83ec)
+
+CV\_VWAP
+
+[Still showing signs of increased arbitrage](https://preview.redd.it/uwmblndg8va81.png?width=2449&format=png&auto=webp&s=01b0ae24c73bd29a7cfcd5dd1f2fd7e40e1d081c)
+
+TTM Squeeze
+
+[6 fire signals on the daily, looks about ready to pop. ](https://preview.redd.it/nsouq3wm8va81.png?width=2458&format=png&auto=webp&s=7a81f530d5394fa229606ad33bdb6e00665dee5b)
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.*
+After pumping Dogecoin for months, Elon flips the script and advises crypto investors to [invest with caution.](https://www.marketwatch.com/story/as-dogecoin-price-tops-60-cents-elon-musk-says-please-invest-with-caution-ahead-of-saturday-night-live-guest-host-gig-11620390114) 
+
+Seems like too little too late. We already know many new investors fomoing into Doge will be burned. 
+
+Seems like a bunch of shenanigans to me.
+Of course you need to do it at times, no hard feelings, but what methods would you recommend when confronting tenants about such a hard topic? Especially if you know they're struggling. Also, is there anyway you can stop yourself from feeling bad when doing so?
+**DISCLAIMER**: I copied and pasted all *italicized* content from the linked articles. None of the quoted items are my own. NONE OF THIS IS FINANCIAL ADVICE EITHER. I'm just presenting publicly available content in a different way. My comments are in (parenthesis). **Bold stuff really stuck out to me.**
+
+**Tweet #1** Jun 2, 2019 - “Hello Twitter! #myfirstTweet
+
+**Tweet #2** Nov 30, 2019 - Retweet of this article 
+
+[https://www.businessinsider.com/chewy-cofounder-how-he-created-multibillion-dollar-empire-2019-11](https://www.businessinsider.com/chewy-cofounder-how-he-created-multibillion-dollar-empire-2019-11)
+
+>*He told Business Insider that the key to the company's success was providing an online service that Amazon wasn't, and understanding the emotional connection that pet owners have with their animals.*  
+>  
+>​​*With Chewy behind him, we asked Cohen what's next and whether he sees another opportunity in the pet world.*  
+>  
+>"*I think the opportunity was there — and building Chewy was probably my best idea for the best space," he said, adding: "Never say never. Let's see what the future holds."*
+
+(RC was a week or two away from launching an online jewelry store with his partner Michael Day (who?) when he pivoted completely and went another way after visiting a local pet store. He wanted to sell something he actually cared about. They tossed the jewelry idea, sold off everything, and started Chewy)
+
+**Tweet #3** Dec 31, 2019 - Retweet of this article 
+
+[https://hbr.org/2020/01/the-founder-of-chewy-com-on-finding-the-financing-to-achieve-scale?utm\_source=twitter&utm\_medium=social&utm\_campaign=hbr](https://hbr.org/2020/01/the-founder-of-chewy-com-on-finding-the-financing-to-achieve-scale?utm_source=twitter&utm_medium=social&utm_campaign=hbr)
+
+>*“From that point on, the mission was larger. I was even more committed to making Chewy an industry leader, because it was no longer just our own money on the line. Larry had gone out on a limb for us. I felt that responsibility.”* 
+
+(This was after Larry Cheng invested $15,000,000 in Chewy. He originally said no but checked on RC 6 months later and saw they beat the metrics they promised him)
+
+>*“I approached every subsequent round of financing, including PetSmart’s acquisition, in a similar way—by underpromising and overdelivering on sales. Our mission was straightforward: to build a best-in-class, customer-obsessed pet retailer.* ***We also wanted to leave everyone who’d backed us a winner.”***  
+>  
+>*“Ultimately we raised six rounds of financing totaling more than $350 million from T. Rowe Price, BlackRock, Greenspring, Lone Pine, Verlinvest, and the investment bank Allen & Company."*  
+>  
+>*Our investors were happy too. The early-stage ones made huge gains, and the later-stage ones earned significant money. Investing in Chewy had made a lot of careers, and I’m proud of that. Those investors put their trust in me and my vision, and I repaid them with returns. The same would soon be true for BC Partners and PetSmart.*
+
+*(*He cares about your investment just as much as you do. Don't think for a second he doesn't appreciate the commitment of a bunch of individual investors who like the stonk.) 
+
+>*“When I think back to why raising the money to help grow the business was one of the best moments of my life, I realize it’s because* ***the journey was far more exciting than getting to the finish line.*** ***I relished the challenges of disrupting an entire industry and trying to delight customers to a degree that had never been achieved before****. The excitement I felt from putting together a world-class team of employees and investors, succeeding against all odds, and building a multibillion-dollar retail leader from nothing was unequivocally the greatest of my career.”*
+
+(His favorite part of all of this is the process of disrupting entire industries and jacking our tits. I might have paraphrased the last part lol)
+
+**Tweet #4** Jan 26, 2020 - Retweet of this article [https://www.forbes.com/sites/joanverdon/2020/01/26/ryan-cohen-started-a-company-that-took-on-amazon-and-sold-it-for-3-billion-now-hes-thinking-about-whats-next/?sh=2d0af3c25579](https://www.forbes.com/sites/joanverdon/2020/01/26/ryan-cohen-started-a-company-that-took-on-amazon-and-sold-it-for-3-billion-now-hes-thinking-about-whats-next/?sh=2d0af3c25579)
+
+>*“Now, a decade later, after selling Chewy for $3.35 billion and exiting the company, Cohen is still thinking about the best way to beat Amazon.”*  
+>  
+>*“It’s harder now, he says, but still possible.”*  
+>  
+>*“Back then, Cohen used the 1997 Jeff Bezos letter to Amazon shareholders as a roadmap for how to grow Chewy. Bezos’ comments about the need to scale, to achieve market leadership and to make bold bets, became Chewy’s playbook.”*  
+>  
+>***“We knew we needed to be number one or that we would fail,”*** *he said. “If we were number two or three, we wouldn’t have a sustainable business. We needed to build an even larger pet business than Amazon or anyone else in retail.”*    
+>  
+>*"Since leaving Chewy, Cohen has been looking at investments, both public and private, but hasn’t yet seen, or come up with, an idea as good as Chewy."*  
+>  
+>***“And the best idea to bet on could be the one that everyone says can’t possibly succeed.”***  
+>  
+>*“Sometimes the best strategy is just to* ***be patient*** *and wait for that,” he said.*  
+>  
+>*“But he shared these thoughts about how a new e-commerce idea might compete in an Amazon world.*  
+>  
+>***Sell something the customer connects with emotionally.”***  
+>  
+>*“I look at almost everything that comes to me, but I say no to 99.9% of it. That was true at Chewy too in terms of just programming all of our executives that generally the best answer is no. As Warren Buffet says, the difference between successful and really successful people is really successful people say no all the time.”*
+
+**Tweet #5** May 4, 2020 - Retweet of this article [https://www.entrepreneur.com/article/349890](https://www.entrepreneur.com/article/349890)
+
+>*“Everything I know — from empathy to the principles of making money — I learned by following in the footsteps of my late father, Ted Cohen.”*  
+>  
+>*“Looking back on his life and influence, the following five principles he showed me were critical to my success building Chewy.com and investing.”*  
+>  
+>***Disciplined capital allocation is one of the most important skills for running a successful business.***  
+>  
+>*Free cash flow was our unwavering governor of growth.*  
+>  
+>***Delight your customers***  
+>  
+>*My father showed me how building lifelong relationships with customers was far more valuable than optimizing for short-term profits.*  
+>  
+>***Be the person others want to follow***  
+>  
+>*We didn't disrupt the pet industry by accident. Our team made huge sacrifices.*  
+>  
+>*You don't get that level of dedication by leading through fear. My father always said, "You catch more bees with honey than with vinegar."*  
+>  
+>***Take the long view***  
+>  
+>*“My father was never looking to make a quick buck. He had no interest in material possessions. Every year, through thick and thin, he invested his savings into the stock market. He believed the real money was made through time in the market, not timing the market.”*  
+>  
+>*My father never invested in any fancy funds or paid management fees. He bought blue chip companies and held them forever.*  
+>  
+>*Key to our success was obsessing over customers and market leadership. Over the long term, customers and profits intersect.*  
+>  
+>***Trust yourself***  
+>  
+>*Entrepreneurs don't operate with a handbook. My father taught me how to be independent and trust my own moral compass.*  
+>  
+>*For 45 years, he was the first employee to open his office and last one to leave. He showed me how perseverance and discipline ultimately pay off.*  
+>  
+>*Above all, he taught me that the best decisions come from heart, instincts and empathy.*  
+>  
+>*Dad, I will forever be grateful.*
+
+Tweet #6 Aug 4, 2020 - Retweet of this article 
+
+[https://www.cnbc.com/2020/08/04/chewy-co-founder-ryan-cohen-this-is-the-side-hustle-id-start-now.html?\_\_source=twitter%7Cmakeit+](https://www.cnbc.com/2020/08/04/chewy-co-founder-ryan-cohen-this-is-the-side-hustle-id-start-now.html?__source=twitter%7Cmakeit+)
+
+>*By the time Cohen was 15, he was making thousands of dollars a month off affiliate-link websites he built himself.*  
+>  
+>*As his late father taught him, “just as important as making extra money with a side business is saving. My father showed me how to invest and only spend what is left after saving.”*
+
+**Tweet #7** Aug 16, 2020 - Retweet of Zack Friedman’s Tweet of his of his article:
+
+​​​​[https://www.forbes.com/sites/zackfriedman/2020/08/16/entrepreneur-chewy-founder-ryan-cohen-shares-his-best-advice/?sh=a9ca6cd5840d](https://www.forbes.com/sites/zackfriedman/2020/08/16/entrepreneur-chewy-founder-ryan-cohen-shares-his-best-advice/?sh=a9ca6cd5840d)
+
+(This is the one where RC is sitting on a Chess Board in the image…)
+
+**(I believe this is when RC Ventures started scooping up $GME shares… GameStop filling on Aug 28, 2020 said he had 5,800,000 shares. Everyone should actually read this one it's really good. I’m only copying and pasting a few parts, so take 10 mins  and do some reading.)**
+
+​
+
+>*Friedman: You were rejected by 100 different investors. What did you learn from the process? What made you keep going when you kept hearing no?*  
+>  
+>*Cohen: For me, each no sounded like they just didn’t understand my vision. It was frustrating at times, but never discouraging. Those “no”s never made me doubt my strategy – it was the opposite. I was motivated by all the rejections and they just got me fired up.*  
+>  
+>***I understood that thinking big was likely going to be misunderstood along the way. I’m contrarian by nature, so being misunderstood often validates what I’m doing.***  
+>  
+>*Friedman: Let’s talk about execution and scale. You’ve said that you used Zappos as a model. You also were inspired by Jeff Bezos and Amazon’s growth and model. How do you go from idea to platform to scale? What was the process and how did you scale so quickly?*
+
+*(His answer is long, you should read it…im picking a few one liners here  and there)*
+
+>*“We prioritized long term growth over short term profitability.* ***The last thing you want to be is a subscale e-commerce company.*** *You’re a dead man walking, and Amazon will crush you. We rapidly expanded our product offering to include all pet food and supplies so there was never a reason to shop elsewhere. By 2018, 90% of our revenue was from repeat customers.”*  
+>  
+>*Friedman: What’s the most misunderstood thing about entrepreneurship?*  
+>  
+>*Cohen: Don’t let the pictures or magazines mislead you, it’s not at all glamorous. Negotiating with vendors, reading long contracts, conducting nonstop interviews, convincing investors to give you money, combined with a constant stream of everyday problems, is not fun.*  
+>  
+>***The Type A in me is competitive and loves to win, but the day-to-day feels like you’re losing. If you think you’re winning you’re probably not doing a great job building your company.*** *Even as our sales grew into the billions, I always felt behind. Whether that’s the right mentality or not, that’s how I’m wired.*  
+>  
+>*Friedman: What are three pieces of advice you would give to an aspiring entrepreneur?*
+
+***(again long answer, you should read it but I like this part…a lot)***
+
+>*“My dad had a glassware importing business, and he told me about how he was talking with his dad one day. His dad had pointed at two trucks. “You see those trucks there?” he’d said. “If what’s in one of those trucks will make you more money, and what’s in the other truck will make your customers happier, choose the one that makes your customers happier, even if you make less money.”*  
+>  
+>*Second, I was never afraid to say no.*  
+>  
+>*Third, my biggest risk would have been not taking risk. The risk of going head-to-head against Amazon. The risk of insourcing fulfillment. The risk of building a company in Florida rather than a popular tech hub. The risk of spending $3 million a month on TV ads, more than Home Depot budget.* ***The risk of hiring expensive executives*** *even though we weren’t profitable. These decisions were some of the most controversial and r****equired me being comfortable betting against conventional wisdom,*** *and were often contrary to the advice of my board. Suffice it to say, I was not the most popular board member.”*  
+>  
+>*Friedman: You’ve said that your dad, Ted, has been an important mentor in your life. My deepest condolences to you and your family. What did you learn from your dad?*  
+>  
+>***“Through watching him work, I learned many things, one of which was to double check everything, to read through every detail of a contract, to triple check all my numbers so I knew them inside out.***  
+>  
+>*Dad also showed me discipline, by being the most disciplined person I ever knew.”*  
+>  
+>*Friedman: What’s your favorite thing that you like to do with Tylee, your dog?*  
+>  
+>*Cohen: I like to take a few minutes every day and sit with her in the sun. It’s my time to unplug and smell the fresh air.* 
+
+(Having a dog similar to Tylee, this warms my heart since I do the same. )
+
+**Tweet #8** Nov 21, 2020 - Retweet of this article:
+
+[https://www.cnbc.com/2020/11/20/former-chewy-ceo-ryan-cohen-urges-gamestop-to-become-the-amazon-of-video-games.html?\_\_source=twitter%7Cmain](https://www.cnbc.com/2020/11/20/former-chewy-ceo-ryan-cohen-urges-gamestop-to-become-the-amazon-of-video-games.html?__source=twitter%7Cmain)
+
+(THIS IS A GOOD ONE, READ IT!)
+
+>*($GME) Stock Market Value: $828 million ($12.71 per share)*  
+>  
+>*Activist: Ryan Cohen*  
+>  
+>*Percentage Ownership: 9.98%*  
+>  
+>*Average Cost: $5.98*  
+>  
+>*What’s Happening:*  
+>  
+>*On Nov. 16, 2020, Cohen sent a letter to the company’s board, urging them to immediately conduct a strategic review and to provide stockholders with a credible and publicly available roadmap for cost containment, prioritizing profitable retail locations and geographic markets and building the e-commerce ecosystem.*  
+>  
+>*Behind the Scenes:*  
+>  
+>***Cohen resorted to this public letter because his private attempts were not productive.*** *GameStop sells video games and consoles and has been bearishly compared to* ***Blockbuster.*** *Cohen does not make that direct analogy, but he certainly paints the picture of a company that is on that same path if it does not change.*
+
+(This part is pretty juicy)
+
+>*"...a large part of the shareholder base is comprised of index funds such as BlackRock (12.12%), Vanguard (8.12%) and State Street (4.0%), who are reluctant to back an activist without the cover of an ISS or Glass Lewis recommendation.*  ***However, what is interesting here is there is an unusually high short interest, with approximately 90% of the shares in lending programs, so we don’t really know who has loaned their shares, who can vote them and who can recall them before the meeting.***
+
+(Holy shit I think RC called their bluff…he was aggressive about getting on the board because he knew they lent out their shares and he would have no problem getting in if they voted on it…4D chess move)
+
+**Tweet #9** Dec 9, 2020 - RC tweets the embarrassed emoji (also written as :$ ) and this fine video of Jim Cramer [https://www.thestreet.com/video/why-jim-cramer-says-stay-away-from-gamestop](https://www.thestreet.com/video/why-jim-cramer-says-stay-away-from-gamestop)
+
+Here is the link: [https://www.youtube.com/watch?v=yPQPl6yWKhI](https://www.youtube.com/watch?v=yPQPl6yWKhI)
+
+[5:58](https://youtu.be/yPQPl6yWKhI?t=357) in this video. Cramer hypes the shit out of Chewy…I can see why RC is blushing lol.)
+
+[10:20](https://youtu.be/yPQPl6yWKhI?t=617) is when Cramer is asked about GameStop. (If you wanna laugh play it at .5 speed)
+
+>“I hate these guys, I’ve hated them for a long time. They managed to go up on some sort of a short squeeze…coming right back down.”
+
+(Wait play that back…this was December 9, 2020. WTF is he talking about?)
+
+​
+
+**Tweet #10**
+
+https://preview.redd.it/my2evehfbgd91.png?width=1188&format=png&auto=webp&s=ceb029dbbab9a00fc9b03b15daf0c1307858a3d9
+Was reading this other thread on [emergency fund while on holiday](https://www.reddit.com/r/UKPersonalFinance/comments/vagp6c/emergency_fund_money_holidays/) and someone mentioned travel insurance. Reminded me that I'm never quite sure which insurance is worth it & which isn't. 
+
+I think part of the reason I'm hesitant on a lot of policies is that, while stuff is nominally covered, you get the run around when you go to claim. Sites like Trust Pilot are full of reviews like "Great website, 5 stars" or "cheaper than competition, 5 stars" rather than from people who've successfully made claims & you can't necessarily depend on big names either.
+
+For me, I do have life assurance & contents insurance on the flat; we don't drive but I normally take out full comprehensive if we rent a car (after having gotten stung for repairs when someone else scratched a door in a carpark before).
+
+I take medical when I get it through work, but the one time I tried to claim they didn't pay out (BUPA).
+
+But other than that, I normally don't bother with things like extended warranties or travel insurance & just hope I save enough through not paying needless policies that it balances out.
+
+Know it's probably highly personal, but would be interested in hearing what policies you always take out, what you never bother with & which are in between.
+Hi everyone,
+
+I started dabbling in systematic/algo trading a while back coming from the machine learning domain. I realized a large chunk of systematic PMs are running statarb strategies thus wanted to learn more about them. 
+
+What are some good papers/blogs/books to learn statistical arbitrage strategies?
+Think again! History is absolutely *littered* with stories of the "great" making monumental errors of judgment. Sometimes leading to them suffering enormous opportunity costs, but often times leading to their complete downfall.
+
+Don't believe me? Need some examples as *inspiration* for another day of hodling? Well, here is a list I have made of ten such examples through the ages (I am sure there are countless more). Note that the last one is an ongoing historical event...
+ 
+
+**1184 BC:**  According to the legend Priam, King of the Trojans - despite receiving advice not to - choosing to accept a giant, commemorative, wooden horse inside the city walls as a gift from the retreating Greeks. *Outcome = The hollow horse held Odysseus and his men, who opened the city gates at night and allowed the Greek army to enter and sack Troy to the ground, burying it under the earth until its eventual discovery and excavation in the 19th century.*
+
+**50 AD:**  The Greco-Egyptian mathematician Hero of Alexandria's invention of a basic steam engine, being treated mainly as a curiosity in the Roman Empire and not put to any real, practical use. *Outcome = The world had to wait another 17 centuries for the English to start the steam powered Industrial Revolution and begin our modern age.*
+
+**1219:**  Content with his conquest of China, Mongol Emperor Genghis Khan sending an envoy to the Persian Khwarezmid Empire's Shah Muhammad II with the message: "I am master of the lands of the rising sun while you rule those of the setting sun. Let us conclude a firm treaty of friendship and peace”...only to be sent back the envoy's head in a sack, as a grisly and emphatic rejection of the proposal. *Outcome = An enraged Genghis invading and killing 15 million Persians as revenge, and from there setting up a platform to capture most of the Eurasian landmass.*
+
+**1405:**  The Chinese Ming Emperor Yongle sending Admiral Zheng He's huge fleet to most of the known world, but choosing to make these expeditions for mainly economic and commercial objectives, rather than gaining territorial control. *Outcome = Within 150 years, the Western Europeans had instead captured most of these lands as colonies, and relegated China from being the preeminent global power to half a millennia of decline.*
+
+**1520:**  Aztec Emperor Moctezuma II allowing Conquistador Hernán Cortés and his troops in as guests to his capital, Tenochtitlán. *Outcome = The Spanish took Moctezuma II hostage, eventually leading to his overthrow and death, triggering a series of events and devastating pandemics that eventually led to their conquest of most of the Americas.*
+
+**1664:**  The Dutch selling Manhattan to the English for only $1143 in curent money. *Outcome = England renamed "New Amsterdam" as "New York", took control of most of the Eastern Seaboard from the Netherlands, and today Manhattan Island's real estate alone is valued at $1.9 trillion - higher than Canada's GDP (the country with the 9th largest GDP in the world).*
+
+**1876:**  Western Union boss William Orton, the largest telegram and communications company of its day, turning down Alexander Graham Bell's offer to sell them his patent for the telephone. *Outcome = As Orton did not see potential for the invention, Bell decided to set up his own business, which became so enormously successful that it had to be split into the "Baby Bells": today's AT&T, Qwest, Verizon and Alcatel-Lucent that still dominate the American telecommunications industry.*
+
+**1942:**  Adolf Hitler choosing to turn the Wehrmacht's 6th Army towards Stalingrad, instead of more strategically important locations in their attempted conquest of the Soviet Union, so that he could score a "symbolic" victory over Stalin. *Outcome = Within six months, by the following February, the Germans and their allies had lost a million men in the frozen rubble of Stalingrad, and the course of WWII was completely reversed towards their eventual, crushing defeat.*
+
+**1962:**  The London based record label Decca's head, Mike Smith, rejecting the chance to sign up The Beatles after a 15-track audition with the feedback: "guitar groups are on the way out" and "The Beatles have no future in show business". *Outcome = The Beatles signed up with the EMI subsidiary Parlophone instead, selling 600 million records and eventually becoming (and still) the most successful musical artists of all time.*
+
+**2021:**  Ken Griffin (Citadel), Gabe Plotkin (Melvin), Jeff Yass (Susquehanna), Douglas Cifu (Virtu), Steve Cohen (Point72) and other hedge fund bosses choosing not to close their GameStop short positions in January for three figures per share. *Outcome = A bunch of retarded Apes - most of whom still don't even know what "DD" actually stands for - called into action and eventually helping to destroy said hedge funds, becoming fabulously wealthy themselves in the process, changing how financial markets operate, instigating social and environmental activities that change the world for the better, as well as taking space exploration to new limits.*
+
+**TL;DR: History has many examples of (apparently) "great" men making huge errors of judgement, which cost them dearly. Usually caused by arrogance, over-confidence, superiority complexes and a lack of imagination. Apes are living in and creating the next great example of this. HODL AND MAKE HISTORY.**
+How the HELL do you stop yourself from slapping people making more than enough money to thrive when they complain about their jobs? Every passing year I have more and more friends leaving SUSTAINABLE, FOOD-PROVIDING careers to freelance or travel or whatever, and NOTHING makes me feel more behind in my life. Having been stuck in an abusive, no-growth job for 4 years, I honestly think I would give up a toe for a 40k a year, no matter how dreadful. I’m sure I’d feel the same as they do, but it’s so frustrating to listen to well-off people who lack any of that perspective. 
+
+Also fuck r/personalfinance for putting me in a depressive spiral every time I look at the main page. 
+My sapphire reserve has been a good companion for a while but I'm hitting spends of 250k+/yr across my cards. Don't know if I'm even close enough to getting a black card, and if I am, if it's worth it at all. I figure there has to be another step up from my sapphire reserve in credit card benefits though. So far I've just heard people talk about black cards through rumors. Would love to hear personal experiences.
+
+Edit: also to clarify this is personal spend. Not biz
+
+(Also I have no clue what to flair this)
+I’m 30 years of age and I’m looking at a long term (25 years) investment plan. Is it worth buying funds/stocks as growth, rather than high dividend paying funds or stocks for the long term? 
+
+I don’t need any income from it now and any gains will be reinvested, but seen research saying it’s better buying fund and stocks for growth, rather than dividend paying.
+Is there anyone here that is very rich, say 20 million+? If so, you could have quit long ago, why didnt you? Do you find any more life satisfaction with 20 million than 5 or 10? What about from the intangible benefits that come along with corporate and economic power?
+
+Context: when discussing my FIRE plans with my very wealthy father and telling him I want to retire at 5 million, he said he's glad he didnt. For a number of reasons that are atypical of the philosophy I usually see in this sub. He says if he had done this, he would have:
+1. Missed out on the most enjoyable and fulfilling years of his career when he was an exec.
+2. Not have the lake house and beach house that we admittedly all get a lot of material pleasure from
+3. Not be on the board of a lot of local non profits and generally be recognized as a member of the elite that as snobbish as that sounds, makes him feel accomplished, respected and ultimately satisfied with his life.
+
+I feel its unlikely anyone here agrees with him, but sometimes I wonder if thats because we want FIRE because we are so impatient being stuck in middle management and at the middle or low of our careers even if they are relatively well paying. I also think there's some element of sour grapes involved and a desire to get out of the rat race for being scared that we cant achieve the top level in the economic hierarchy, so may as well pretend not to try/care.
+
+I dont like working, but Ill be the first to admit its largely because Im lazy and would rather be playing video games or sipping pina coladas on the beach instead. Does that mean FIRE is the best long term choice for my fulfillment and life satisfaction though?
+Last night, Citadel worked through the night. Their phone traffic started ~1 hour before crypto crashed (no comment on that yet, just noting timing). They kept going, phone traffic increased enough that people drove to verify indeed lights were on. 
+
+[This started the discussion, their phone traffic showed them at work](https://www.reddit.com/r/Superstonk/comments/mt4j8w/shitadel_hq_oddly_busy_right_now_on_a_weekend/) middle of the night Saturday.
+
+
+[Then traffic kept increasing](https://www.reddit.com/r/Superstonk/comments/mt85ej/google_says_there_is_more_activity_at_citadel_hq/)
+
+When the phones were posted increasing, [a guy decided to drive](https://www.reddit.com/r/Superstonk/comments/mt85ej/google_says_there_is_more_activity_at_citadel_hq/guy5001?utm_source=share&context=3) to drone record it... [look at citadels building at 4 AM all lit up](https://www.reddit.com/r/Superstonk/comments/mt8m63/mission_chimpossible/) this morning
+
+TLDR; [OP above record this video](https://m.youtube.com/watch?v=ct5OjZdehZU) and one more.  Lights on at the top, phones busy on Google so...
+
+
+They got caught, [they removed their hours so you can't see when they are working (which is measured by phone traffic)](https://www.reddit.com/r/Superstonk/comments/mt9ycy/shitadel_got_caught_working_late_now_open_for_24/)
+
+
+Then *a second person* [went to verify it, lights on indeed](https://www.reddit.com/r/Superstonk/comments/mt9jno/420am_at_shitadel_headquarters/)
+
+A [hotel near also verified it was lit up](https://www.reddit.com/r/Superstonk/comments/mt91xx/the_entire_citadel_building_is_glowing_at_430_am/)
+
+Later [confirmation Kenny boy worked til almost sun up](https://www.reddit.com/r/Superstonk/comments/mtddmi/confirmed_32_floor_is_ken_griffins_shitadel_lower/) at a minimum if that post was fresh.
+
+ 
+
+Oh if you are curious, [JPMorgan was a busy boy too](https://www.reddit.com/r/Superstonk/comments/mt6rx7/citadel_working_late_spinoff_jp_morgan_has_a_red/)
+
+Let's not [leave out, BofA having a rough night also.](https://i.gyazo.com/95a15c236e76fa6a225cea50017d4d01.png)
+
+ 
+
+***Edit:*** and now [London stock exchange is heating up](https://www.reddit.com/r/Superstonk/comments/mtfxp0/it_seems_pretty_odd_the_london_stock_exchange_is/)
+
+ 
+
+
+***Edit 2:*** [Amsterdam exchange heating up](https://www.reddit.com/r/Superstonk/comments/mthnma/in_response_to_the_london_financial_district_tube/) *(during lockdown on a Sunday)*
+
+As well [as Dubai exchange](https://www.reddit.com/r/Superstonk/comments/mtj6yv/dubai_financial_centre_train_station_busier_than/)
+
+ 
+
+***Edit 3:*** And [Spain decided they like working weekends now](https://www.reddit.com/r/Superstonk/comments/mthpsk/also_happening_near_the_madrid_spain_stock/)
+
+And [Hamburg, Germany has decided to put down the beers and go work on Sunday](https://www.reddit.com/r/Superstonk/comments/mthxd1/update_hamburg_de_finance_district_unusual_high/?utm_medium=android_app&utm_source=share)
+
+[Toronto exchange too](https://www.reddit.com/r/Superstonk/comments/mtf0ip/transit_station_in_toronto_business_district_is/) (*during lockdown*)
+
+[Goldman Sachs *possibly* joining the fiesta](https://www.reddit.com/r/Superstonk/comments/mtj24h/brookfield_place_a_ferry_terminal_near_goldman/)
+
+ 
+
+EDIT 4: [Amsterdam bank execs working the weekend away too](https://www.reddit.com/r/Superstonk/comments/mtkv4u/abn_amro_headquarters_in_amsterdam_top_floor/)
+
+And [JPMorgan Copenhagen,  Denmark](https://www.reddit.com/r/Superstonk/comments/mtk4sp/busier_than_usual_also_in_copenhagen_denmark_in/)
+
+Well... [Toronto is heating up fast](https://www.reddit.com/r/Superstonk/comments/mtkibf/busy_in_toronto_bay_st_canadian_wall_st/) for a lockdown.
+
+ 
+
+***Edit 5:*** It appears [Deutsche Bank has entered](https://www.reddit.com/r/Superstonk/comments/mtlpj6/deutsche_bank_hq_train_station_reporting/) the ring.
+
+And [Citadel London appears to be available for a call with Chicago](https://www.reddit.com/r/Superstonk/comments/mtkvl9/moorgate_and_liverpool_street_tube_station_both/)
+
+[Danske Bank has joined](https://www.reddit.com/r/Superstonk/comments/mtlzu9/also_in_dk_more_than_usual_at_metro_station_at/)
+
+[Frankfurt's main banking district is having one hell of a Sunday night covid party too](https://www.reddit.com/r/Superstonk/comments/mtlnhy/also_at_frankfurt_germanys_main_banking_district/)
+
+[Citadel Chicago is still there, so how's the London team doing?](https://www.reddit.com/r/Superstonk/comments/mtljcf/there_are_more_people_there_now_then_the_busiest/) uhhh... want to comment on [the paper shredder situation? Citadel?](https://www.reddit.com/r/Superstonk/comments/mtlhf4/has_any_checked_if_there_are_paper_shredders_in/)
+
+ 
+
+
+***EDIT 6:*** There's a livestream for [the clearing house building Citadel uses in the Netherlands, it's lit up like Christmas](https://www.reddit.com/r/Superstonk/comments/mtmo0w/live_feed_of_the_zuidas_location_of_abn_amro_one/).... *on a Sunday night during the pandemic*
+
+And [London still going strong into the night](https://www.reddit.com/r/Superstonk/comments/mtm6ir/canary_wharf_station_in_london_busier_than_any/)
+
+ [*Brazil has entered the chat*](https://www.reddit.com/r/Superstonk/comments/mtmoil/brazilian_bankers_working_hard_on_a_sunday_night/)
+
+OK... let's see [if the top 10 hedge funds are paying attention...](https://www.reddit.com/r/Superstonk/comments/mtmwaq/after_seeing_all_that_activity_data_i_found_a/)
+
+ 
+
+
+***Edit7:*** [Citadel Toronto and the TSX are heating up for the evening, on a cozy Sunday covid full lockdown evening. ](https://www.reddit.com/r/Superstonk/comments/mtnqq4/high_activity_at_citadel_toronto_toronto_stock/) and *turned off their phones,* says the comments.
+
+[Deutsche Bank, Frankfurt still there chugging away at 1AM](https://www.reddit.com/r/Superstonk/comments/mto98k/deutsche_bank_in_frankfurt_seems_busy_as_well/)
+
+[Citadel, JPMorgan, BofA are ready for more](https://www.reddit.com/r/Superstonk/comments/mto52j/looks_like_our_boys_are_busy_again_tonight/)
+
+There's also [reports of the Paris financial district going after 1AM and *there's a curfew there*](https://www.reddit.com/r/Superstonk/comments/mto1lh/unusual_traffic_in_some_metro_stations_near/)
+
+
+ 
+
+***Edit 8:*** [Credit Suisse in Zurich going past midnight too](https://www.reddit.com/r/Superstonk/comments/mtoa1o/credit_suisse_in_zurich/)
+
+[*HI Citadel interns*](https://www.reddit.com/r/Superstonk/comments/mto8db/google_trends_has_a_handy_little_tool_superstonk/) it's not too late to get out.
+
+[London stock exchange is red hot now](https://www.reddit.com/r/Superstonk/comments/mtoau6/london_stock_exchange_currently_has_a_huge_spike/)
+
+[Lights are on at Deutsche Bank](https://www.reddit.com/r/Superstonk/comments/mtp3mu/deutsche_bank_investigation_of_high_activity/) *at 1AM*
+
+
+ 
+
+
+***Edit 9:*** [Mexico city banks sure like coffee before bed](https://www.reddit.com/r/Superstonk/comments/mtpnn8/coffee_shops_busier_than_usual_near_big_banks_in/)
+
+[London going strong at 2AM](https://www.reddit.com/r/Superstonk/comments/mtpm9o/londons_financial_hub_is_looking_busy_tonight/)
+
+[No signs of BofA tower slowing](https://www.reddit.com/r/Superstonk/comments/mtpsa7/boa_tower_is_hella_busy_what_can_they_be_up_to_so/)
+
+[Actual traffic at Bank of England at 2AM?](https://www.reddit.com/r/Superstonk/comments/mtpvif/2am_traffic_is_busy_around_the_boe_but_nowhere/)
+
+[Shoutout to Citadel Boston in the house](https://www.reddit.com/r/Superstonk/comments/mtpyo8/boston_mass_checking_in_state_street_station/)
+
+ 
+
+
+***Edit 10:*** [Frankfurt at almost 4AM](https://www.reddit.com/r/Superstonk/comments/mtgr19/a_breakdown_of_citadels_overnight_activity/gv1amxl?utm_medium=android_app&utm_source=share&context=3) (Deutsche Bank + UBS)
+
+The [entire London banking district is throwing a 3AM block party it appears](https://www.reddit.com/r/Superstonk/comments/mtqreu/canary_wharf_london_financial_district_lit_up/)
+
+[Citadel going strong](https://www.reddit.com/r/Superstonk/comments/mtqyyl/looks_like_theyre_busy_tonight_too/)
+
+[Uhhhh the Federal Reserve Bank is ordering coffee? And planning a long night?](https://www.reddit.com/r/Superstonk/comments/mtqyhk/this_time_the_federal_fucking_reserve_bank_subway/)
+
+[JPMorgan Chase now in on it](https://www.reddit.com/r/Superstonk/comments/mtrcuu/jp_morgan_chase_busy_at_10pm_est/)
+
+[A few lights are on up in Toronto banks](https://www.reddit.com/r/Superstonk/comments/mtrngl/recon_team_6ix_toronto/)
+
+[A wide shot of Toronto financial district](https://www.reddit.com/r/Superstonk/comments/mtrr44/toronto_financial_district_lit_up_like_a/)
+
+ 
+
+***E11:*** [BofA Houston is awake at 9PM](https://www.reddit.com/r/Superstonk/comments/mtsko2/houston_financial_district_boa/)
+
+[London financial district, tonight 4AM vs a week ago](https://www.reddit.com/r/Superstonk/comments/mtsjbv/canary_wharf_this_morning_at_430_am_second_image/)
+
+[Citadel is still up and at it](https://www.reddit.com/r/Superstonk/comments/mtsr31/why/)
+
+Ok so.. [the lawyers that represented the Federal Reserve Bank in 2008 are awake at midnight](https://www.reddit.com/r/Superstonk/comments/mtszx0/leading_law_firm_in_financial_services_regulation/)... *that's fine right?*
+I still owe about $5,500 on a Chrysler 200. It keeps trying to die. I've had to replace the engine, alternator, and a wheel hub (ABS wasn't working) recently. Now it looks like the starter is going out. I'm definitely going to need a new set of tires before winter. At this point I honestly think I'd be better off getting another car because the repairs to this one cost more than the monthly payments... I can't imagine it's worth much on trade in at a dealership, and I don't really have time to shop privately (I'm getting a lot of OT for the time being). Should I buy another car and keep this one until I can get rid of it? Try to trade it in? Guuhhh, I hate cars.
+I (29f) don’t have much to spend at the time unfortunately, but my husband is from another country than I am (I’m from USA, he’s from Portugal) and has never been bowling but always wanted to do.
+
+Today is his birthday, so I wanted to surprise him with a night out so I booked a Groupon deal at a local bowling spot for tonight. The regular price for 2 hours of bowling for 2 people was like $100+, and the Groupon offer was for $25 and included everything, so I was so happy to find a present within my budget.
+
+I called the bowling alley weeks ago to see about the specifics & any regulations regarding the Groupon. The tone of the employee immediately went from friendly to just uncaring, as if I was no longer a valid customer. Regardless, I got the answers I was looking for and was still excited.
+
+Tonight I call just to see what the wait is (I want to get there early since we are using the Groupon and it doesn’t allow reservations), and again, the tone of a different employee just totally flipped. They kept asking really snarky questions about the Groupon and then just hung up. 
+
+This is not the first instance of me feeling totally snubbed for taking advantage of options like Groupons for services/products. I don’t get it. Why put your business on the site knowing what you are getting involved with if you are just going to be annoyed when people use it instead of going directly through your business?
+
+I’m not saying I’m okay with what is I’m sure an unnecessarily large percentage that Groupon receives and thus a “loss” to these business, but why take it out on *me*? 
+
+Anyone else share similar experiences? 
+
+Ugh. I’m so sick of being poor, and even more sick of feeling guilty of it.
+
+EDIT/UPDATE: Thanks everyone for the comments — I’m catching up now.
+
+We got back from bowling not long ago and had a blast! We managed to cram 6 games into our $25 2-hour Groupon session (which included shoe rentals), which was amazing considering I underestimated the cost — they charge per game, and after 6 p.m. it’s $9.50 per game per person, excluding $7 each for shoe rentals. So we would’ve paid $128 on bowling alone. Absolutely ludicrous. Why do I feel like bowling was so cheap and now all of a sudden you gotta be upper class just to toss a ball at some pins?
+
+Anyways, regardless of my rant, we had a great time. We shared drinks and appetizers & tipped 18%, so they did get more than the Groupon out of me ;)
+
+I understand the sentiments about the stereotypical Groupon abuser, and I do think the people that take advantage of it give it a bad rap and it ends up sucking for the employees more than anyone (especially those at the top). But also, if a business puts the deal up and customers go through Groupon, I still feel there’s value in seeing them the same as any other patron.
+
+I always try to be the best I can and most respectful when I use coupon services, but sometimes it’s hard to shake the guilt of feeling like I’m being cheap. I mean, I am lol, but it’s nice to get the rare occasion of enjoying things I couldn’t regularly afford, ya now?
+Guten Morgen to this global band of Apes! 👋🦍
+
+Yet another week in the GME saga has begun, ripe with the potential to be the week that the MOASS begins. Friday had remarkably low volume - the first such day where the price closed above $200. It *also* had an uptick in the borrow fee to over 1%. That's certainly not going to prevent the borrowing and shorting of shares, but both are indications that DRS is having an impact and that Apes need to continue to DRS shares to ensure that the trend continues.
+
+Meanwhile, there continue to be hints that the Loopring partnership will be announced soon, quite likely before the end of the year, which would likely put such an announcement in the next week or two. While so far we can only speculate as to what it will be, the team that Ryan has assembled this past year gives me great confidence that it will be a huge step in the transformation of GameStop. The company that SHFs thought they could kill just a year or two ago is stronger than ever, has enormous support from consumers and shareholders, and is on a path to revolutionize retail. I am eager to hear what they are working on!
+
+Today is Monday, November 15th, 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: **$204.30 / 178,46 €**  *(volume: 2344)*
+- ⬜ 115 minutes in: $204.30 / 178,46 €  *(volume: 2322)*
+- ⬜ 110 minutes in: $204.30 / 178,46 €  *(volume: 2314)*
+- ⬜ 105 minutes in: $204.30 / 178,46 €  *(volume: 2312)*
+- 🟥 100 minutes in: $204.30 / 178,46 €  *(volume: 2300)*
+- 🟥 95 minutes in: $204.32 / 178,48 €  *(volume: 2037)*
+- 🟥 90 minutes in: $204.38 / 178,53 €  *(volume: 1937)*
+- ⬜ 85 minutes in: $204.39 / 178,54 €  *(volume: 1826)*
+- 🟩 80 minutes in: $204.39 / 178,54 €  *(volume: 1807)*
+- 🟥 75 minutes in: $204.36 / 178,51 €  *(volume: 1797)*
+- 🟩 70 minutes in: $204.39 / 178,54 €  *(volume: 1691)*
+- 🟥 65 minutes in: $203.07 / 177,39 €  *(volume: 940)*
+- 🟥 60 minutes in: $203.26 / 177,55 €  *(volume: 905)*
+- ⬜ 55 minutes in: $203.35 / 177,62 €  *(volume: 905)*
+- ⬜ 50 minutes in: $203.35 / 177,62 €  *(volume: 902)*
+- ⬜ 45 minutes in: $203.35 / 177,62 €  *(volume: 861)*
+- ⬜ 40 minutes in: $203.35 / 177,62 €  *(volume: 807)*
+- ⬜ 35 minutes in: $203.35 / 177,62 €  *(volume: 802)*
+- ⬜ 30 minutes in: $203.35 / 177,62 €  *(volume: 802)*
+- ⬜ 25 minutes in: $203.35 / 177,62 €  *(volume: 744)*
+- 🟩 20 minutes in: $203.35 / 177,62 €  *(volume: 728)*
+- 🟩 15 minutes in: $201.66 / 176,15 €  *(volume: 421)*
+- 🟥 10 minutes in: $201.60 / 176,10 €  *(volume: 324)*
+- ⬜ 5 minutes in: $201.97 / 176,43 €  *(volume: 190)*
+- 🟥 0 minutes in: $201.97 / 176,43 €  *(volume: 163)*
+- 🟥 US close price: $202.10 / 176,54 €   *($201.00 / 175,58 € 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 1.1448. 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!
+When selling covered calls, you obviously need to hold the underlying in even lots of 100.  Unless you're filthy rich, this likely reduces the diversity you could otherwise have in your portfolio.  As such, I'm just wondering, how many CC positions do you typically hold at one time?  Do you target one stock in particular at a time and go all in?
+Hi,
+
+I'm fairly new to the world of investing. I'm 28yo spanish with but residing in Germany. i've been reading a lot about ETFs, index funds and passive investment in general. I've been putting my portfolio into place and I would like if you could comment on both the porfolio and the strategy:
+
+I will be investing 1.000 euros each month in DEGIRO with the following ETFs:
+
+Distribution | ISIN | Name | TER
+--------------|------|--------|------
+85%|[IE00B4L5Y983](https://www.justetf.com/de-en/etf-profile.html?query=IE00B4L5Y983&groupField=index&from=search&isin=IE00B4L5Y983) | iShares Core MSCI World UCITS ETF USD (Acc)|0,20%
+15%|[IE00B4L5YC18](https://www.justetf.com/de-en/etf-profile.html?query=IE00B4L5YC18&groupField=index&from=search&isin=IE00B4L5YC18) | iShares MSCI EM UCITS ETF (Acc)|0,18%
+
+DEGIRO gives 1 transaction per month free, so my strategy to minimize fees would be to invest in Emerging Markets once every 3 months and use this as a rebalance of my portfolio. So for example:
+
+- Month 1: 1.000 euros into MSCI World.
+- Month 2: 1.000 euros into MSCI World.
+- Month 3: 550 euros into MSCI World + 450 euros into Emerging Markets (with a comission). If I see a unbalance of my portfolio I can use this month to keep the 85-15 ratio.
+
+What do you think about this?
+
+And one last thing. It's recommended to invest in fixed income as they're not affected by what Stocks are doing. But from what I've seen. Most of the securities, when putting in the comissions, I end up losing money, so isn't it better to leave it at my bank account? (At least the amount that the European Union safeguards: 100k)
+
+Thanks so much for the help.
+ 
+
+Hello fellow redditers! Hope you are safe and well. 
+
+Tl;dr; Married Expat. 2 young kids, €500K mortgage. How do you think of life insurance living in Germany?
+
+Coming from a land without social security, people plan quite a bit on insurance. 
+
+* **Life situation**: 35 M. Married. 2 kids under 4. 
+* Joint annual income \~€150K (gross). 
+* Mortgage \~€500K. Aim to repay aggressively in <15 years. 
+* Investments: €1K monthly in Vanguard (just started)
+
+If all goes well, **projected debt & investments are**
+
+* In 5 years: -€200K mortgage, 80K in ETFs/cash
+* In 10 years: -€100K mortgage, 160K in ETFs
+* In 15 years: -0K mortgage, 250K in ETFs
+
+As it appears, the **next 10 years or so are crucial**, so I'm considering life insurance with decreasing "fallende" sum insured. Should I opt for a cover of €400K over 10 years?
+
+**Is it a good idea to get a longer cover as double protected for kids' education, etc?** In that case, I'd go for 2 covers:
+
+1. €200K cover decreasing over 10 years
+2. €200K cover constant over 20 years
+
+Would really appreciate the perspectives of the group. Thanks in advance.
+Hi, I see people on Interactive Brokers UK already receiving changes/announcements regarding to Brexit and the migration of their accounts to Hungary, Ireland or Luxembourg entities. I have my IB account created through TradeStation Global to get rid of the monthly fee. However there is no communication on their side regarding Brexit so far. Does anyone have more insight? Thanks!
+
+Also is there a way to check inside the account which entity the user actually belongs to?
+Hello,
+
+Just about 3 weeks ago I was completely financially illiterate. I didn't know what an etf was, I didn't know what an index was, I didn't really know what a stock was.Since then i've decided to take responsibility and provide for my future self and learn.
+
+I'll be 31 this year, have about 3000$ to my name and live in sweden.
+
+What I really would like to ask for help with is strategy, im forseeing spending money on a car and/or downpayment for a home in the coming 0-5 years. I'll be investing 500-1000$ monthly.
+
+Should I...1 Put all I have into ETF's and withdraw from that when above mentioned expenses are needed
+
+2 Put all of it + monthly deposit into an high interest savings account untill the purchases are made and then start investing in funds for long term?
+
+3 Split it and invest some into funds and some into savings account?
+
+4 Something completely different(?)  
+
+
+  
+EDIT: Thanks for your input everybody, theres a couple of different opinions here but I definitely have a better idea of what to do now.  
+
+
+I've crunched the numbers and decided to spend it all on S&P 500 cfd's  
+
+
+  
+
+
+(jk)
+- stock at $5, enough apes buy and hold to get to $483
+
+- Demoralized by the drop to $40, apes are smart and know this isn’t the end and continue to hold 
+
+- DeepFuckingValue doubled down and apes read more DD, giving us pressure to shoot up to $96 in one day (who remembers that hype?)
+
+- More DD comes about and a slow crawl to $300’s begins, apes excited 
+
+- Ecstatic, GME reaches $348 before being shorted to hell (this was truly insane to watch for those of us who held)
+
+- March 19th, quadruple witching day, apes expecting to moon only for the price to drop to $120 the next few days
+
+- Apes hold and buy the dip, price IMMEDIATELY recovers to the $180 price point
+
+- Hedge funds force sideways trading for weeks and we have about 5 notable dips which aren’t huge but can still be demoralizing with sideways trading 
+
+- April 16th disappoints.
+
+- Hedge funds suppress GME from breaking the pennant and skyrocketing 
+
+I bought late January on the way down and YOLO’d everything I have (literally) when we hit $40’s. I trusted apes to hold and throughout every single opportunity for gains, fellow apes held knowing that greater things are coming. With every major dip my companions never sold a single share because we all knew the drop was synthetic. And when we got bored spending weeks staring at a chart moving sideways, we made memes to keep morale up and reminded eachother what it means to have Diamond Hands  💎🙌 
+
+And when the MOASS hits, and we hit $100k, $500k, $800k, $1 million, $10 million and beyond, I know that apes wont sell until ~~it hits the floor.~~ after the peak. The last 5 months of holding have given me ZERO reasons to not believe in apes. 
+
+I trust every single person on this subreddit to HOLD until at least $1 million and way beyond. I have no doubts and neither should you. My floor is $10 million. But I wont sell until we’re on the way down, even if the peak is at $20 million or $100 million.
+
+Read the DD, prepare yourselves, and hold. We’re going to the moon 🌙🦍🚀
+
+Edit: Don’t forget that the DD says r/SuperStonk owns the float. WE are who they need the shares from and they can’t have them until holders are satisfied. Be greedy. Be excited. And be ready.
+Interesting deal, could be attractive to those that miss out on the First Home Loan Deposit Scheme.
+
+[https://www.savings.com.au/home-loans/st-george-reduces-lmi-to-1-for-first-home-buyers](https://www.savings.com.au/home-loans/st-george-reduces-lmi-to-1-for-first-home-buyers)
+Hey everyone,
+
+I was playing with my dog today and started thinking about the costs associated with owning him. I remembered there was a post on this sub not too long ago that broke down the cost of owning a dog so I though it would be good to give y'all another dog ownership cost assessment.  This is all the costs my GF and I have had in the first six months of owning our dog plus what we expect to pay for the rest of the year.
+
+Adoption Fee - $40
+
+Dog Crate - $65
+
+Dog Collars, leashes, and seat belt - $45 
+
+Dog Tag - $45 
+
+Heartworm, Tick, and Flea Preventative Medication - $150 every six months,  $300/yr.
+
+Toys - $80 to date, projecting another $40 in the next 6mo.
+
+Pet Insurance - $45/mo, $540/yr.
+
+Dog Food - $55 every six weeks, $476/yr.
+
+Hygiene (includes nail trims, shampoos, teeth care, etc.) - $14/mo., $170/yr.
+
+Treats (we opt for a combination of bones and soft treats)  - $21/mo., $250/yr.
+
+Annual Exam + Booster Shots - $300
+
+**Total Cost: $2,351**
+
+Regarding pet insurance, unless you have a beefy savings account and no other things to save for (like say a down payment on a car/house, a wedding, etc.) -- or you are willing to put a large pet bill on a credit card -- you are better off getting pet insurance. Enrolling in this will make sure you can afford a large pet bill and not have to compromise on your pet's care. That said, do your research on each pet insurance provider and be sure to enroll your pet as soon as you can if you do decide to purchase it (pet insurance providers will not cover anything associated with an accident/illness that occurred before you enrolled your pet). 
+
+Hopefully this provides y'all an idea of how much a dog can cost in the first year. Obviously some of these expenses are optional/flexible, so it really comes down to how much you are willing to invest in certain things.  At the end of the day, dog ownership is one of the most rewarding things you can do. Having this 55lb rugrat has been so much fun and has taught me a great deal.
+# 1. Hedge Funds are overstating their assets using shitcoin-to-dollar-justifications; they pumped crypto for collateral to hedge GME:
+
+​
+
+# 2020-2022:
+
+[Thousands upon thousands of hedge-fund-orchestrated, and well-funded, ICOs \(Initial Coin Offering Pump and Dumps\)... all operated in the secrecy of darkness and anonymity \(SHF's bread and butter\).  Every fund is now substantially over-levered.  This collateral generation technique may have been the only way they 'survived another day' for so long - as they 'confidently' kept over-shorting GME and other innocent companies over the entire process using fake collateral for their short borrows.  Unfortunately, the crypto industry will suffer because of this.](https://preview.redd.it/l0gf5g8j6gz91.png?width=1171&format=png&auto=webp&s=14af2e3132af158ab07c3ac4af8af13454a362a8)
+
+​
+
+​
+
+[Evidence of direct hedge](https://preview.redd.it/m4gspb44agz91.png?width=502&format=png&auto=webp&s=73c2dd697354981aed68c4bd384141f400784e7c)
+
+# Now:
+
+[After two years, the collateral correlation \(the crypto pump that was turned into a GME hedge\) is finally breaking down](https://preview.redd.it/0rw13mzk6gz91.png?width=659&format=png&auto=webp&s=0120bd76027f51b75fb9cb0ca8985a830e199cb7)
+
+​
+
+​
+
+# 2. What has now happened:
+
+​
+
+# Let's Review
+
+[In this post relating crypto to GME](https://www.reddit.com/r/Superstonk/comments/yqxso7/crypto_and_gme_the_real_story/), I introduced that cryptoassets were pumped specifically to maintain growing margins in GME.  I was egregiously bombarded by shills and trolls for this one.  Outright harassed.
+
+# The Hedge-Fund-Driven CryptoAsset Pump of 2020 was needed to maintain shorts' margins because people were buying into GME because of DFV's investment and subsequent following
+
+In crypto's defense, it is slowly and thoroughly developing into the asset class of the future.  Yet, it was the illicit, hedge-fund-driven **pump** of this fledgling asset class that bought the bad guys a few more days.  I always wondered who was in the background funding these thousands of ICOs.  All operating in the secrecy of *darkness and anonymity* (SHF's bread and butter) were mostly hedge-fund orchestrated ICOs and subsequent pump-and-dumps.  Since the epic crypto pump in late 2020, in order to fight against the hit that GME took to their margins, short interest only grew.  DRS then came online, making matters even worse for Citadel and co.
+
+Their trickery only held up for so long.  The same is the story with the Chinese ticker IPOs that were pumped to half a trillion USD overnight.  Those were underwritten by GME-short-selling funds.
+
+The corrupted, mass-media syndicate in this current market would *never* talk about this.  I will:
+
+When the 2020 crypto pump started to wane over this 1 year period, hedge funds sought other forms of bailouts and loans.  Citadel's bailout by Sequoia (Binance partner), Citadel's $600M loan in August, etc, etc, etc.
+
+As we just saw with [Alameda's leaked financials](https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/), Alameda was using levered positions (FTT token valuations in their case) *on their company's balance sheet.*  Alameda was trying to say that the *current* cash equivalent was worth over $5.82 Billion, yet then they add up those totals *as if it actually is dollars.  This is what SBF was referring to when he said* [he 'F---'d up.'](https://cointelegraph.com/news/sam-bankman-fried-apologizes-over-ftx-liquidity-crisis-i-fucked-up-twice)
+
+>*“The full story here is one I’m still fleshing out every detail of, but as a very high level, I fucked up twice.  The first time, a poor internal labeling of bank-related accounts meant that I was substantially off on my sense of users’ margin. I thought it was way lower.” -Sam Bankman-Fried*
+
+Further, [Alameda and FTX were discovered](https://twitter.com/hellspawncrypto/status/1525575167027695616?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1525575167027695616%7Ctwgr%5E51b665616a3f65427c9908f6415de24eee0e8f92%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2Fyte8jz%3Fresponsive%3Dtrueis_nightmode%3Dtrue) spoofing transactions to get around political campaign finance/donation laws by a cyber-security expert.  Thus, Alameda and FTX, at the expense and welfare of crypto investors, stole peoples' funds to send those funds to election campaigns and other political affiliates, thereby giving one political party of their choice an unfair advantage.
+
+Right now, I can assign the value of this sticky note on my desk to be worth $5.82 Billion.  If I try to justify that in my financials, I'd get caught.  It does not take a qualified rocket surgeon to figure this out.  It's no surprise, then, that there are [new possible criminal-level developments brewing](https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/?utm_source=reddit.com), revealing that the Alameda and FTX team has been moving funds. And, further, [some analysts are claiming](https://finance.yahoo.com/video/ftx-collapse-slow-motion-train-202852980.html) that "*the FTX collapse is slow-motion train wreck running into a dumpster fire full of black swans.*"
+
+Independently, who do we know, also steals customers' money (via PFOF) and overstates their financials?  That's right:  *Citadel Securities.*
+
+[As we are seeing in real-time](https://www.reuters.com/technology/hedge-fund-galois-capital-says-half-its-capital-stuck-ftx-exchange-ft-2022-11-12/), hedge funds indeed are holding THEIR CAPITAL (that they write on their financial statements) in scammy, centralized exchanges.  The **Hedge fund** known as Galois Capital says half of its capital is **now stuck** on FTX exchange.  This is just one of many.  Let's take a look more at how Citadel, too, gets away with justifying these digital holdings as capital:
+
+​
+
+​
+
+# 🛑SHF are not just over-levered.  This is more dire than that:  Too like Alameda was, SHF - as evidenced by Galois (above) and Citadel (below) - are artificially inflating their financials by self-designating crypto valuations (and among the sea of 21,723+ new cryptos, 99% of them scammy pump-and-dumps in nature). Who do you think was in the background funding the thousands of ICOs?  These people's balance sheets are proven to be stacks and stacks of self-designated pump-and-dump value, and then over-levered on top of that shit, and then to still be worth zero on paper, provided that?  THIS IS HUGE.  They're in the red by several orders of magnitude 🛑
+
+​
+
+# 3. "Finance is built on Trust."  How about, "Finance is clearly built on Stacks of Horseshit":
+
+​
+
+[\(It doesn't require a 'data leak' to see the stacks of horseshit here either\)](https://preview.redd.it/94njt78vgfz91.png?width=760&format=png&auto=webp&s=925d9a4c859fc3a11d0e6aeadae23f09d4823775)
+
+# Referencing: [Citadel Securities' Last SEC Filing:  2021 Financials](https://www.sec.gov/Archives/edgar/data/1146184/000128417022000004/CDRG_BS_Only_FS_2021.pdf)
+
+​
+
+Assets - Liabilities = Equity (net worth).  Citadel Securities', minus their client's current holdings, their net worth is **zero.**
+
+Yet the only equity Citadel Securities' had was its own clients' capital.  This was BEFORE the market cataclysm of early 2022 hit their books.  Let's take a look at where they stood before that happened.
+
+​
+
+# Citadel's Financial Condition remains a going concern:
+
+​
+
+[As of 31DEC2021, Citadel owed $4.2 Billion to its clients.  Simply paying back its members at that time, on 31DEC2021, would have rendered Citadel as being worth $0.00.  In a liquidation, $69 Billion of securities, many of them GME shares, would have to be purchased in order to balance the books.  In 2022, these liabilities grew, resulting in them having to take yet another $600M loan this August.](https://preview.redd.it/yele5yq0wez91.png?width=1058&format=png&auto=webp&s=38639d8ab6d97a2851bdea5796172594b8e044b8)
+
+​
+
+# Securities owned Includes Highly-Levered Crypto Deposits
+
+​
+
+[Liquid amounts of what?  Citadel states that its cash is defined only as anything that's 'liquid', and that it can be held anywhere.  This definition was written this way to include cryptoassets in the definition, even of cash.](https://preview.redd.it/hpzygwxiufz91.png?width=699&format=png&auto=webp&s=0605beec764fb88ae997e286fd82c19a6d191f54)
+
+​
+
+[Citadel states that it holds non-U.S. currencies, but does not rule out cryptocurrencies](https://preview.redd.it/milhy376ufz91.png?width=693&format=png&auto=webp&s=8e5d65bf36634ef21710d614b54a827af0cdac5f)
+
+​
+
+​
+
+https://preview.redd.it/y6guiafqvfz91.png?width=694&format=png&auto=webp&s=5cccc9f85f511f040e6c82ca8a220e94fd689fae
+
+[Therefore, Citadel states that it, like Alameda did, self-identified its 'fair value' of what it claims to hold without oversight.  This means its entire balance sheet is fudged - every line, every row, every column.  Was CZ dumping FTT tokens considered 'orderly'?  Imagine a more macro market liquidity panic?](https://preview.redd.it/g7tjlea8ufz91.png?width=700&format=png&auto=webp&s=b481f0b50fabd2f322096c05d0490ff5ec07ce2c)
+
+​
+
+And from notes on page 6:
+
+• **Trading assets, trading liabilities, options and warrants are included in securities owned or securities sold, not yet purchased**, as applicable, on the statement of financial condition.
+
+• **Futures, swaps and related collateral are included in receivable from brokers and dealers as discussed.**
+
+​
+
+# Citadel is riddled in debt obligations, even to taxpayers:
+
+​
+
+[Reverse repurchase \(RRP\) agreements are also known as collateralized loans.  Overnight RRP agreements are being used here to lend short-term capital to Citadel Securities because they are experiencing cash flow issues, in this case, about $16 Billion worth of issues.](https://preview.redd.it/uki6mz98dfz91.png?width=528&format=png&auto=webp&s=9ac4e673a8319c7be37187b9f78edd83d4e7ec9a)
+
+​
+
+# Citadel's Admission of Near-Term, Dire Risks:
+
+​
+
+[Citadel is the primary focal point of credit risk in this market that is now beginning to delever itself, as seen by the Alameda\/FTX\/FTX.us bankruptcy](https://preview.redd.it/v55wvz7zofz91.png?width=691&format=png&auto=webp&s=55e2deef130bcce6120ece6fe590b6c691288434)
+
+​
+
+[Citadel very well may become the Lehman Brothers of 2022: they have no equity.](https://preview.redd.it/t2p427zerfz91.png?width=689&format=png&auto=webp&s=58daf7c28e8e35a2590c5d1d4ce4504bf6241491)
+
+​
+
+[Rehypothecation occurs when a lender uses an asset, supplied as collateral on a debt by a borrower, and applies its value to cover its own obligations.  Margin pledged, and is documented as being held by third parties.  Rehypothecation was a common practice until 2007, but hedge funds became much more wary about it in the wake of the Lehman Brothers collapse and subsequent credit crunch in 2008-09.](https://preview.redd.it/aa78ftqqpfz91.png?width=694&format=png&auto=webp&s=375a15067b9d49db3f1d00db6edd1df623b46d2b)
+
+​
+
+[Citadel already admitted to facing off-balance sheet infinite risk](https://preview.redd.it/2pvdcco1wez91.png?width=870&format=png&auto=webp&s=54eb26ac766fa229cbdd7349e321a1af4b198957)
+
+​
+
+# 4. Macro Market Technicals and GME Trends further decimating Citadel going into year-end accounting (imagine what their 2022 financial statement will look like?)
+
+​
+
+[Technicals show that NASDAQ hit a brick wall, namely, the 200 week simple moving average.  It is shown that NASDAQ rebounded substantially on a fudged CPI print \(the healthcare CPI is wrong\).  Don't be fooled by this.  Take a look at the 200 Week SMA rejection \(circled on the right\).](https://preview.redd.it/dq193sazvfz91.png?width=833&format=png&auto=webp&s=c62fd9c2cb1ea3eebf84ab2d85fc216be1693beb)
+
+​
+
+[Just from this Wednesday to Friday, GameStop is up 19.23%](https://preview.redd.it/wfdxezpkwfz91.png?width=676&format=png&auto=webp&s=ebaaed0df1bc4fc26a8463dae3e8c623edd37042)
+
+# 
+
+​
+
+# TLDR:
+
+**(numbers summarize each section above)**
+
+​
+
+1. After two years, the collateral correlation (the crypto pump that was turned into a GME hedge) is finally breaking down, as shown.  Not only does Galois Capital's (a hedge fund) capital being stuck with FTX evidence this, but it means that there is a simple way to explain this hedge: it's simply hedge funds' falsely inflating their financial statements that are then used as collateral justification to be able to keep borrowing to short GME.
+2. SBF *"F'd up":* possibly criminally.  The media alleges that he apparently moved billions in customers' funds away from FTX and/or to cold wallets.  Their major error was that they self-designated their FTT cryptoasset as being equivalent to $5.82 Billion worth of fair U.S. Dollar-denominated value.  Clearly they are not the same, but it could be an accounting flubb that everyone is making right now.  GameStop leadership was wise to quickly wash their hands of their newfound-collaborative-efforts with FTX; and it is a great thing that this was caught before GameStop could be materially impacted.  Although the future of the stock market is with the blockchain, FTX - as an irresponsible centralized exchange - quickly became a dead-end path.
+3. Citadel Securities has also '*F'd up', yet ten times greater of a F' up:*  Their value derivations are unclear, and to me, indicate they are doing the same thing that Alameda and Galois did by falsely driving up their asset rows with inflated, unverifiable numbers.  All of these crooks' books are horse shit stacked upon horseshit.  Citadel Securities is worth **Zero**. Thereby, Citadel Securities will likely be the 'Lehman' of 2022-2023.
+4. Technicals show a last-ditch macro melt-up occurred today on a fudged CPI healthcare print.  And, as the hedge-fund-orchestrated-pump of the fledgling crypto industry melts down, GameStop is already up 19.23% since Wednesday...
+
+​
+
+**Edit to the TLDR - Power to the Thinkers - Six Possible scenarios**
+
+* *Don't let yourself become distracted by the noise.  All of it is SHF's fault; it's all their problem.*  Either way here, Hedge Funds are toast.
+* *-****Scenario 1-****: Business Competition:*    This sounds like a competitor maliciously tried to take out a competitor.  All of this fraud does not ignore that FTT was targeted and dumped/liquidated quickly by Changpeng Zhao, perhaps with motive to destroy FTX.  But why?  Just looking at the aggressive media campaign against American Sam Bankman-Fried, somebody on the inside leaked Alameda's information to Changpeng Zhao who then had the 'spontaneous idea' to betray Sam Bankman-Fried and dump a billion FTT in one click?  Was Sequoia a spy or another victim?
+* *-****Scenario 2-****: Organic War:*    If not crypto business competition, the attack against FTX seems so substantial that it could classify as a national-level financial attack (after all, it started on election day, and further, this does harm millions of Americans).  Indeed, right now, FTX and Loopring are now being hacked.  The billions inside of FTX has vanished: hedge funds collateral, possibly teachers' pensions, and now U.S. taxpayer dollars that was sent to the Ukraine Government who then routed it into FTX 'for NFT payments' instead of buying Military weapons are already blowing up.  This sounds like military, financial, and cyber warfare, doesn't it?  Could this also have been an act of financial terrorism or actual national warfare?  You just can't make any of this corruption up.  I know that China just gave the order to their Army to prepare for war, and that both presidents meet on monday in-person for the first time ever, to discuss the invasion of Taiwan, but my gosh.  You would think this is the first chapter of a Tom Clancy novel about how World War III started.
+* *-****Scenario 3-****: Banker-caused War:*  If not a war started organically by a nation-state, could the banker class again be pinning two countries together, like they did with World Wars I and II?- starting another war for profit?  Is world war in this case *an understandable cover* to try to hide what would have otherwise revealed that the long-term, string-pulling, dark-naked-short-selling-cabal had been caught by a bunch of free-thinking redditors?
+* *-****Scenario 4-****: Ken Griffin:*  \- It was already shown above that FTX and Alameda were caught by a cybersecurity expert violating election/campaign finance laws using crypto to hide/spoof lobbying transactions to their political party affiliation.  This is a long-term indicator of criminal activity, because FTX and Alameda were stealing crypto users' funds just to send those funds to election campaigns and individuals of only one political party, thereby giving that party an unfair financial advantage.  Could the short-and-distort attack against FTX, then, be Ken-Griffin-orchestrated?- against a political-mega-donating opponent and future-financial-exchange competitor (referencing the differences in party-affiliation between Sam Bankman-Fried and Ken Griffin, as well as Citadel's recent entry into the crypto space)?  Is Ken Griffin behind this politically?- or did he independently want to destroy a future crypto-exchange competitor to try to obtain more power in the future of finance?
+* *-****Scenario 5-****: Competitor Collusion:*  If not all of the above, did Sam Bankman-Fried actually build the back-door to remove funds?  And why did Sam Bankman-Fried call Changpeng Zhao on the phone- allowing his competitor, who just attacked him, to take over his company???  Did they collude together to do this and to launder billions?
+* *-****Scenario 6-****: Financial Conspiracy:*    Yet, further, is this another Mt. Gox-like financial conspiracy, where the current SEC Chairman's (*our head financial-market cop*) actual recent boss at MIT is the father of the daughter who is the CEO of Alameda and who had/is-having sexual relations with Sam Bankman-Fried?  Are these four individuals, with personal ties, colluding to defraud millions of people of billions of dollars?
+* Regardless of what is really going on here, hedge funds are toast.  GameStop, and the rest of the stock market, needs a DEcentralized-automated exchange that is free from human error while also able to withstand attacks.
+* *I don't have any problems.  Based on sound investing principles, I just like to invest in quality companies that I like.  Buy $GME. DRS.  Hold for the long long term.*
+Guten Morgen to this global band of Apes! 👋🦍
+
+Apes, I cannot begin to express how proud of this community I am. The focus on what is at the core of this movement is refreshing. Early on, conspiracy theories and forum sliding were rampant, often diluting the visibility of key DD and the core fundamentals. Over the weekend we saw a very suspicious event turn into a day of FUD, but just as quickly, Apes refocused on what is most important at this moment in time.
+
+GME has started rolling out their plan publicly, announcing a huge partnership with Immutable X with plenty of hints at more to come. Many of us expect a further announcement of a partnership with Loopring, but even so - it is great to hear public announcements after a long drought of press releases. The difficulty of keeping such an announcement so tightly under wraps is incredibly - the fact that Ryan Cohen and Matt Furlong command such loyalty from their teams that nothing is leaking shows that the team truly believes in what they're working on. The quality of that team being what it is makes me *incredibly* bullish on what GameStop is planning.
+
+Nevertheless, the Shorts continue to short, because at this point they are impossibly deep in the hole on their bad investment and it's the only way they can delay their demise. When they collapse, they certainly aren't going to be able to afford to buy back every share they are short, but for some reason their Prime Brokers are willing to let them stack up even deeper short positions. Fortunately, Apes are continuing to buy the dips and DRS our shares, and HODL with Diamantenhände. Against such a force, the SHFs have no hope.
+
+Today is Monday, February 7th, 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: **$103.18 / 90,00 €**  *(volume: 3259)*
+- 🟥 115 minutes in: $103.14 / 89,97 €  *(volume: 3255)*
+- ⬜ 110 minutes in: $103.18 / 90,00 €  *(volume: 3227)*
+- ⬜ 105 minutes in: $103.18 / 90,00 €  *(volume: 2995)*
+- 🟩 100 minutes in: $103.18 / 90,00 €  *(volume: 2993)*
+- 🟥 95 minutes in: $103.14 / 89,97 €  *(volume: 2987)*
+- ⬜ 90 minutes in: $103.18 / 90,00 €  *(volume: 2875)*
+- ⬜ 85 minutes in: $103.18 / 90,00 €  *(volume: 2773)*
+- ⬜ 80 minutes in: $103.18 / 90,00 €  *(volume: 2764)*
+- ⬜ 75 minutes in: $103.18 / 90,00 €  *(volume: 2756)*
+- 🟥 70 minutes in: $103.18 / 90,00 €  *(volume: 2718)*
+- 🟥 65 minutes in: $103.37 / 90,16 €  *(volume: 2470)*
+- 🟩 60 minutes in: $103.43 / 90,22 €  *(volume: 2310)*
+- 🟥 55 minutes in: $103.34 / 90,14 €  *(volume: 2197)*
+- 🟥 50 minutes in: $103.36 / 90,16 €  *(volume: 2077)*
+- 🟥 45 minutes in: $103.46 / 90,25 €  *(volume: 2034)*
+- 🟩 40 minutes in: $103.49 / 90,27 €  *(volume: 2013)*
+- 🟩 35 minutes in: $103.43 / 90,22 €  *(volume: 1992)*
+- 🟩 30 minutes in: $103.16 / 89,99 €  *(volume: 1824)*
+- 🟥 25 minutes in: $103.13 / 89,96 €  *(volume: 1742)*
+- 🟥 20 minutes in: $103.55 / 90,33 €  *(volume: 1495)*
+- 🟩 15 minutes in: $104.14 / 90,84 €  *(volume: 811)*
+- 🟩 10 minutes in: $104.00 / 90,72 €  *(volume: 711)*
+- 🟩 5 minutes in: $103.96 / 90,69 €  *(volume: 711)*
+- 🟩 0 minutes in: $103.89 / 90,62 €  *(volume: 80)*
+- 🟩 US close price: $102.34 / 89,27 €   *($101.48 / 88,52 € 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 1.1464. 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!
+Hello, Braintrust! 
+
+I am wondering what to do about my emergency fund. ~~Can I~~  **Is it advisable to lower my amount (to 2-3 months worth of expenses instead of 3-6) and/or invest it in my Roth IRA?** Some context: 
+
+* I work a very stable job. I am a teacher with several years of seniority and advanced degrees in *very* high needs areas. So I am not at risk of loosing my income. I also really love my work, so I won't be leaving the field any time soon. 
+* I plan on working until I am eligible to retire from the district. Therefore, I will be getting a ~~pittance~~ pension from the state retirement system. Our state did recently try to pass a bill that would jeopardize the pension, but it didn't pass; I have no doubt that it will continue to be a battle in years to come. Here's to hoping, though.. 
+* I save 25% of my income in my other retirement accounts (403b and 457b). 
+* My essential expenses are low, and I am working hard to rein in my spending so I can up my savings rate even more. I have no debt other than my mortgage and my car note. 
+* If I were to be out of work for an injury or illness, between 66% and 75% of my income would be replaced. I also have insurance with my deductible socked away. 
+
+I am currently adding money each month to a  HYSA for my EF, but I was toying with the idea of reaching the threshold of 3 months and then adding the rest to a Roth IRA. My reasoning was that, based on the job stability and the fact that I can withdraw my contributions from a Roth penalty-free, the growth would  be nice. 
+
+Thanks in advance for any feedback/personal stories/perspectives.
+   18(m) here needing some advice about buying a car.  So, I have been sharing a car with my older brother for a few years now, and have been working in the mean time.  I have about 7k saved up rn.  I have been looking for a Datsun 280z for the past couple of years, as it is a dream car.  I have an opportunity to buy one from someone I know for 10k.
+   So, Do you guys think it's alright to spend all of my savings with a small loan from my parents that all of my future paychecks will go towards to pay it back?  Or should I just continue to save up?  I have been waiting for a moment like this for awhile,but just don't know about having literally 0 dollars in my bank account.
+
+Thank you for your time :)
+
+Edit - Thank you all so much for the info!  I have decided to not buy the car.  Instead, I will save up some more money, and maybe invest some of it in the mean time.  I'll get some in a year or 2
+I just want to share with new traders about my own experience. This will be a long post as I hope to give back to the community because I wish I had known this when I started. 
+
+The learning curve for day trading is unlike any other skills or tasks you encounter in your life. In almost any other tasks or skills, the more you practice, the better you gradually become. Take any sports or language for example, the first year (or session) of learning gets you from knowing nothing about a particular subject to actually knowing something very basic. As you can imagine, knowing some very basic is enough to be better than people who never touched the subject. So naturally there is a sense of achievement and accomplishment because your hard work pays off.
+
+Day trading is completely different. In the beginning, you would see a flat or even negative effect on your pnl the more you learn. You would lose money more often than people who know nothing about trading. This would CONTINUE for a very long period of time.
+
+The first full month I went for 20 straight negative days for a total 2500. After around half a year, the first positive month was around 600. Then 1300, 2800, 10k and stabilized after that. The strategy I used was not possible to size up so my pnl pretty much stay the same for years and slowly declined due to the change of market condition.
+
+So don't expect yourself to make even 10 dollars a day when you just start because if you can make 10 dollars a day consistently, there is nothing to stop you from sizing up to make 100 or 1k consistently. T
+
+The goal should always be how to be consistent. Consistency comes when you enter a trade and you know the ratio of which a trade is against you in relative terms. For example, 1 cent unrealized loss against you to 3 cent unrealized gain. Only then you can start become consistent and size up gradually.
+
+If you trade and you see -300 before you see +150 and you make money for a few weeks in a row trading this way, you are just lucky and you are wasting your time because you are just borrowing money from the market and you learn nothing from what you are doing.
+
+Treat is as a game to be good at and don't be caught up with the financial reward as those rewards would come and when it comes, it comes in bunches and you don't even to have to work for it that much anymore because you have already put in tons of work to get to this point.
+
+Good trading!
+To start, I would like to be very clear: I am in no way investing in the short squeeze, and for what I am doing it does not matter whether or not it already squoze vs. "yOu aRe HeRE" VolksWagon graph.
+
+My goal is not to make money.
+
+My goal is not to lose money.
+
+I am not trying to send a message.
+
+I do not care about your upvotes.
+
+I will not be donating any proceeds to charity. Namely because my goal implies that there will be no proceeds.
+
+My goal is to ***own GameStop***. As absolutely much of it as I possibly can, while I am alive and on this planet.
+
+Because of this, I *want* GME shares price to go down. Whether this occurs due to algo-driven price suppression or organic selling-off of shares. The more the value drops, the more shares I can afford to buy.
+
+obligatory: Not financial advice. I like the stock. I fully expect everyone to watch me lose money on this.
+
+-------------------------
+
+Here are the facts:
+
+1) **Mark Cuban raised a very valid point.** 
+
+If you are investing in a company, the way we *used* to, as a person who actually wants to own a piece of that company, then prices going down is a good thing. Cheaper cost of entry / position expansion. 
+
+2) **GameStop is poised to d.o.m.i.n.a.t.e. the space within the gaming industry.**
+
+Looking to build Esports arenas? Guess what, gyms are going out of business left and right. Cheap real estate.
+
+Dedicated gaming streaming channel? Disney and others are already on that bus for their niches, so dedicated game streaming platform owned by the single most universal name in gaming, would be no surprise. I'm not talking about livestreams, I'm talking about *produced* content.
+
+Speaking of live, Twitch? Discord? Already set up, and instead of competing, GameStop could literally just *buy* these companies and relabel them Gwitch and Gamescord (or leave them as is, just own the revenue streams).
+
+There are so many more things possible for a centralized brand with clear intentions of being a cultural hub (epicenter, really) for such a massively exploding industry (an industry with zero sign of slowing down. Ever). 
+
+Entertainment as an all-things umbrella industry will only become bigger and more valuable as our human lives become increasingly comfortable, and more necessary as we deal with increasing amounts of stress when shit goes badly. *Interactive* entertainment is just unrivaled.
+
+3) **The man, the legend, the boyfriend to all of our wives, DFV/Roaring Kitty/Mr. G, just doubled his shares position.** He undoubtedly recognizes the potential negative impact that him selling his entire position on GME would have on the stock, and I have little to no doubt that he has already pulled millions of dollars off the top of his originally exploding positions values (remember all those calls he had that were absolutely blowing up? I didn't do the math, and I'm not gonna, but I'd be willing to bet money that he didn't turn 100% of those profits into shares anywhere near the top).
+
+Because of this, he has negative downside risk (GameStop could go bankrupt and he would still come out ahead). I'm in a much *much* smaller, but similar boat. I made $100K, and kept 100 shares, which I fully intend to take to my grave. This is the thing that got me thinking about this in the first place.
+
+4) **GameStop will never be forgotten.** This is a stock which will be discussed in investment classes until the end of time. The face of investing will be changed forever because of WSB and the GME phenomenon. Even if there are not new regulations / trade taxes, the world will always *always* remember "G.M.E."
+
+5) **I am just fine, financially.** My small business generates $100K to $250K/year in revenue. This is not a YOLO play. I can afford to lose the money I am putting in. Do not slide into my DMs seeking financial assistance. See above, where I discuss proceeds and how they won't exist, so there's no money anyway.
+
+--------------------------------
+
+**The Plan:**
+
+- Buy *as many shares* as I can afford, never expecting to see that money ever again.
+
+- Sell a few covered calls way in the future, at or out of the money. As they approach expiration, roll them forward another year. This will either reduce my cost basis as the price drops, or secure (and yes, limit) upside potential in the case of the stock going up significantly in value. As long as these options do not get exercised, I will still own the shares. I would prefer these options expire worthless so I may expand my share count over the 25-35% cash ROI every year (see below somewhere).
+
+- As I earn more money externally, buy more shares. Again, as many as I can afford. Every. Single. Year. Just constantly expand my position. No matter what. Forever.
+
+- ????
+
+- Profit, never. Not ever sell a single share. Use any capital gained from selling covered calls to, you guessed it, buy more shares.
+
+------------------------------------------
+
+Remember, my goal here is to own shares, not to make money. Any money earned from selling calls will turn into more shares. Any money earned externally that I do not need access to will be turned into more shares.
+
+Currently at-the-money covered calls expiring 1/21/22 (about a year out) are effectively worth 35-40% of the value of the stock. Assuming the stock value declines or stagnates YoY, then I could theoretically increase my position by a solid 35% each year. Yes, there will be a decrease in IV in this case, but using externally-earned money I should be able to make up the difference.
+
+------------------------------------------
+
+- **First milestone:** overtake u/DeepFuckingValue in share volume. I will never beat his % gains, and I may never exceed his actual cash value returns, but that is fine. My goal is purely share count. 
+
+- **Second milestone:** overtake Ryan Cohen in share volume. My understanding is that he currently owns 9 million shares. I haven't dug any deeper than literally the first thing that pops up on google when you type "ryan cohen gamestop shares" and I'm not gonna. Anything further is basically the deep web and 9 million shares is a plenty fast rabbit to chase to keep myself motivated. I am confident that I will fail at my second milestone, as it would likely be reliant on Ryan selling his ownership in the company and moving on to do something else with his life, before I get old and die.
+
+- **Third milestone:** Own, run, and manage GameStop. Whatever that means. Member of the board, sure? Bust in on meetings like "Hey I own most of this place, someone grab me a coffee." and then yell about how "I pay your salary!" as I'm being escorted out by security, more likely. But I'm not gonna stop until I am at the head of that table, even if I have keep at this until I am 85 years old, or even if it happens right before GameStop finally gives up the ghost and goes bankrupt.
+
+------------------------------------------
+
+With this strategy, cumulatively expanding my position by 35% YoY, I should be able to turn a 1,000-share portfolio into a 8million-share portfolio in 30 years. This is just based on current prices, options values, and my current income.
+
+It couldn't bother me less if it goes to $1, $0.50, or $0.25 per share. At a certain point, cash infusion for shares from my income will grossly outweigh the rate at which options can possibly expand my ownership of the stock.
+
+I like this stock, and if that means I end up owning enough shares to run that shit myself then I will consider my life a massive success.
+
+------------------------------------------------------
+
+The **only** disappointment I could possibly experience with this plan (it's not even a strategy at this point), would be if GME finally squeezes all at once and all these options get exercised, calling all my shares away from me, increasing my net worth by 35% all at once. 
+
+Or if GME just does really well organically, which would significantly slow down the rate at which I could expand my ownership in shares.
+
+Becoming a millionaire would be cool and all, but I'm trying to do something specific here.
+
+SEC interns: I'm just sharing my thoughts and am in no way advising anything to anyone. I just like the damn stock.
+
+Hedgies and MMs: please crank up your algos to maximum. Never stop doing what you're doing. I need this thing continually dropping so I can keep my covered call money and amass shares YoY.
+
+Current 💎🙌 shareholders: you are the only thing standing in my way, and the ask ladder is pretty brutal with all y'all's meme-ass prices. If at some point you get bored and sell off to take profits, I will thank you for it. If you wanna dump that shit all at once and not worry about it (maybe shoot for buying back in lower), I'd appreciate that even more.
+
+----------------------------------------------------------
+
+Yes, I'm going to be updating y'all weekly or monthly or annually, whatever. Might be a little bit to get started, as I'm currently working to get all of my cash out of RH and somewhere better. But hey, I have 30 years to get this sorted out, right?
+
+Make fun of me as I lose money. Ask me for advice as I make money. Call me an idiot for the platforms I use. Try to sell me access to your crappy web-based indicator research tools. None of it will matter. Whether I am a fool or a genius will undoubtedly be decided by a coin-toss of whether or not GME becomes 'fundamentally' valuable, I suppose.
+
+**tl;dr - there is no tl;dr I am posting this just so I can reference it later when sharing my GME lifelong investor updates**
+
+
+----------------------------------------------------------
+
+edit: To clarify a few things for those who apparently can't sense where some choice satire/irony/sarcasm is within this post, as well as those who straight up can't do math:
+
+- **Anyone who didn't chuckle at least a little bit at "Gwitch" and "Gamescord" is for sure dead inside.** 
+
+Yeah, Twitch may be out of reach, but check out the timelines of Twitter adding pics, Instagram adding videos, and Vine existing (yes, vine is dead, but TikTok took over that vibe). I guarantee you something will be the "Next Twitter" or the "Next Instagram" or the "Next Tiktok". It likely will not literally replace these things, but it *will* provide the next thing users want that hasn't been addressed. And it will grow too big to get back the audience these 3 giants will have lost. Something similar *could* happen with gaming. And if GameStop makes it (or buys the small service outright before they get too big to be bought), then the prophecy will have come true.
+
+- **Sick burns, everyone.** 
+
+I have not laughed this hard reading comments here since I first discovered WSB. I absolutely love you guys. The adderall bits in particular are gold. Yes, I am at baseline as of writing this stuff (my baseline is high as a my risk tolerance). Apologies for the length and lack of formatting and emojis. This was really just supposed to be for me to point at later when people are all "Why exactly are you doing this?" on future posts. As Blaise Pascal said, I would have written a shorter letter, but I did not have the time.
+
+
+----------------------------------------------------------
+
+
+edit: **Okay, basic math time.** Yes I calculated this with what few crayons I had not eaten, so y'all can relax and let me do the reeeeing for you:
+
+If you have $100 and you make 10% return, you then will have $110. If with that new amount ($110, you following?) and you make another 10% return, now you have $121. Now I know it seems like you should have $120, and some of you seem to think that in order to turn $100 into $121 that I would have to add $21 of my own money from somewhere else. But this is the magic of how % ROI woks and a little thing called *cumulative* returns.
+
+Okay, gonna keep this in dollars for a moment, just so you guys can follow and I don't lose anyone (though it seems many of you stopped reading at "Gwitch" anyway, and those are probably the only people here who could follow this elaborate and complex algorithm).
+
+Let's say you own $1,000 and you can make 35% returns each year, for 30 years. This would be calculated as $1,000 x 1.35^30. Type that into a calculator and you'll get over $8Million. Trust me, and trust your calculator. This isn't magic. It's investing.
+
+Now, if you own 1000 share of a company, and you call sell call options on those shares for 35% of the value of said shares, then it *does not matter* what the share price is (as the price goes up, so does the value of that call option, as the price goes down... surely you get it by now). If you quickly reinvest that money into the *same shares* at the *same price* then you will have increased your holdings by 35%. On a yearly basis, assuming the stock value ends at or below your strike price by expiration, *and* assuming the IV remains high enough to do it again the following year, then you could just do it again once that all expires worthless. Only now you can do it with 1300 shares (1400, if you go ahead and just buy 50 more). At this rate, you would theoretically end up with 8 million shares at the end of 30 years.
+
+If you can secure 5% more shares cumulatively on a *weekly* basis, without them ever getting called away from you, would own over 323 million shares within 5 years.
+
+**tl;dr (for real real this time)** If the stock literally ends every week lower than the previous week, and ends every year lower than the previous year, forever (**and** assuming the volatility remains high *or* that I can make up the difference via infusions of cash externally)... Then I'm gonna own all of GameStop somewhere between 5 and 30 years from now. If the stock goes up consistently, especially if it goes up significantly, then it will be very difficult to accomplish this. Because math.
+
+----------------------------------------------------------
+
+Wow, my first ever gold! Thank you kind stranger! 
+
+See y'all from the board room.
+In the early days of the internet, media hit pieces tried to blame the internet for energy consumption.
+
+>Somewhere in America, a lump of coal is burned every time a book is ordered on-line.
+
+[https://www.forbes.com/forbes/1999/0531/6311070a.html?sh=12b1b1ad2580](https://www.forbes.com/forbes/1999/0531/6311070a.html?sh=12b1b1ad2580)
+
+>The current fuel-economy rating: about 1 pound of coal to create,  package, store and move 2 megabytes of data. The digital age, it turns  out, is very energy-intensive. The Internet may someday save us bricks,  mortar and catalog paper, but it is burning up an awful lot of fossil  fuel in the process.  
+>  
+>There are already over 17,000 pure dot-com companies (Ebay, E-Trade, etc.).  
+>  
+>The larger ones each represent the electric load of a small village.
+
+Media tried to gaslight and brainwash tech companies with the burning fossil fuel narrative. 
+
+Some 20 years onwards, this entire article reads like a joke. 
+
+>Getting the bits from dot-com to desktop requires still more  electricity. Cisco's 7500 series router, for example, keeps the Web hot  by routing an impressive 400 million bits per second, but to do that it  needs 1.5 kilowatts of power. The wireless Web draws even more power,  because its signals are broadcast in all directions, rather than being  tunneled down a wire or fiber  
+>  
+>Just fabricating all these digital boxes requires a tremendous amount of  electricity. The billion-dollar fabrication plants are packed with  furnaces, pumps, dryers and ion beams, all electrically driven. It takes  9 kilowatt-hours to etch circuits onto a square inch of silicon, and  about as much power to manufacture an entire PC (1,000 kilowatt-hours)as  it takes to run it for a year. And there are at least 300 of these factories in the U.S. Collectively,  fabs and their suppliers currently consume nearly 1% of the nation's  electric output.  
+>  
+>The global implications are enormous. Intel projects a billion people  on-line worldwide. That's $1 trillion in computer sales -- and another  $1 trillion investment in a hard-power backbone to supply electricity.  One billion PCs on the Web represent an electric demand equal to the  total capacity of the U.S. today.
+
+Does this resemble the current attacks against cryptocurrencies? 
+
+The exact same arguments are now used against bitcoin, trying to fool people into believing that bitcoin is the worst thing in the world. 
+
+Thousands of people believe what these articles at face value despite not having any understanding of the intricacies of bitcoin mining
+
+
+Edit: Lmao @ the dumpster fire the comment section is, everyone shilling their premined scamcoins like Nano. Its hilarious seeing Nano paid shills/bag holders trying to compare Nano's recurring spam outage (that costs a trivial $ amount to attack) to BTC 2018, during which you could still send transactions without any problem whatsoever. **Considering the aggressive nature of the shilling in comments, I am forced to update the thread with what Nano actually is...**
+
+Nano is a scam that was premined at the press of a button, distributed among themselves by Colin using funny faucets where the insiders themselves claimed most of the tokens, then abruptly the faucet was closed, the team now having control of most of the coins decided to pump it to yahoo land on a fraudulent exchange and ride into the sunset while also cashing out slowly for years. No wonder Nano price has never even recovered past its early 2018 ATH, after 4 years its still down a huge % from ATH. (thats what happened when you have an endless premine ready to dump on you). Nano peddlers are pushing this as a competitor to BTC lmao. A stablecoin like DAI or USDC on any ETH L2 solution renders Nano as useless. Which is why almost no one talks about Nano except their own bagholders who try to push it aggressively. 
+
+
+Fraudsters on this tread will try to push such scams to unsuspecting readers lol
+So I started reading Tony Robbins' book, *Money: Master the Game*, and I came across this excerpt that I wanted to share for motivational purposes:
+
+"How about HFT? That’s short for high-frequency trading, where 50% to 70% of the tens of millions of trades that churn through the market each day are now generated by high-speed machines. What does that mean for you? It takes only a half second, or about 500 milliseconds, to click your mouse to complete your E*Trade order. In that short time, the big boys with the supercomputers will have bought and sold thousands of shares of the same stock hundreds of times over, making microprofits with each transaction.
+
+Michael Lewis, bestselling author of the HFT exposé *Flash Boys: A Wall Street Revolt*, told 60 Minutes, 'The United States stock market, the most iconic market in global capitalism, is rigged . . . by a combination of the stock exchanges, the big Wall Street banks, and high-frequency traders . . . They’re able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price!' How fast are these guys? One HFT firm spent a quarter of a billion dollars to straighten the fiber-optic cables between Chicago and New York, reconstructing the landscape and literally terraforming the earth to shave 1.4 milliseconds off its transmission time! 
+
+But even that’s not fast enough. Some trades already take place in microseconds—that’s a millionth of a second. Soon HFT technology will allow these trades to happen in nanoseconds—a billionth of a second. Meanwhile, they’re laying cable on the ocean floor, and there’s even talk of solar-powered drones acting as microwave relay stations to connect exchanges in New York and London. If all of this leaves you reeling, I’m with you. What are your chances of competing with flying robots trading at the speed of light? Where do you turn to find a path through this high-tech, high-risk maze of choices?"
+
+This is why I hold. Retail investors are taking our power back by doing the easiest thing in the world, and it costs us nothing to indefinitely hold a stock we like.
+Every other post seems to be regarding people being able to either save 97% of their income and pay their mortgage, bills, and cars, or they are being offered £120k jobs and don’t know what to do with a £6k take home pay...
+
+By all means I’m all for people to ask questions, and congratulations to those who are in those positions - I hope to be one of them in the future. 
+
+However the disparity of either people subscribed or posters, seem to be of the above statement. 
+Where are the “average” people earning above/below the “average” wage and what we can do to maximise when we can only save 10-30% for example? 
+They say the market is overheated and overvalued.  Get out now!  (the experts say)
+
+My wife and I are in our early 60s and semi-retired and financially independent.  We can move all of our 403B money to an investment that pays 4.5%.  Not a great return but it is guaranteed, and we would sleep at night not worrying about the next stock market crash.
+
+Would you sell everything in your IRA, 401K or 403B if you could get a guaranteed 4.5% for the rest of your life?  If not, what guaranteed return would you need to move out of stocks?
+**PsychoMarket Recap - Thursday, November 19, 2020**
+
+The S&P 500 (SPY) and the Dow Jones (DIA) finished modestly red for the third straight day with market participants closely monitoring rising coronavirus cases in the US and the reimposition of virus restrictions across many states. Despite the positive vaccine news coming out, it will still take some time to establish a global vaccine distribution network.
+
+Unfortunately, yesterday the United States passed the grim milestone of 250,000 deaths from coronavirus. The death toll surpasses the White House’s worst-case prediction from the Spring ([https://www.usatoday.com/story/news/politics/2020/03/31/trump-coronavirus-pandemic-could-kill-many-240-000-americans/5100446002/](https://www.usatoday.com/story/news/politics/2020/03/31/trump-coronavirus-pandemic-could-kill-many-240-000-americans/5100446002/)) and is predicted to keep rising with the surge of infections and hospitalizations in the last two weeks. According to Johns Hopkins University, the US is averaging a record 161,165 new infections a day in the last seven days. That’s up 27% compared to last week and by far the most since the pandemic began. Data is trending in the wrong directions, with 44 out of 50 states reporting a 10% increase in new cases compared to last week.
+
+In response to the surge in cases, governors from both sides of the aisle have announced a variety of new restrictions. California’s governor Gavin Newsom announced that the state is “pulling the emergency brake” on reopening and reinstated broad restrictions throughout the state. In Iowa, Republican Governor Kim Reynolds, who once dismissed coronavirus restrictions as "feel-good" measures, has abruptly reversed course, issuing the state's first mask mandate and limiting indoor gatherings. Illinois\*\*,\*\* Michigan, and New Jersey announced additional restrictions that limit gatherings to household members. Indoor event spaces are also being ordered to shut-down or move outdoors. In Massachusetts, the governor announced a stay-at-home advisory. Mississippi, Montana, North Dakota are under state-wide mask mandate. These are just some examples, there are many more.
+
+The Labor Department released its weekly jobs report. Another 742,000 Americans filed for first-time unemployment benefits last week, an unexpected rise compared to the 711,000 reported last week as coronavirus cases continue to surge.
+
+* 742,000 new claims vs 700,000 estimate
+* Continuing claims,  which is the number of people filing for unemployment benefits who have already filed an initial claim, was 6.4 million, equal to the estimate.
+
+Despite the positive vaccine data from Pfizer (PFE) and Moderna (MRNA), setting up an efficient, global vaccine distribution network will likely take months, even after the vaccines are approved. In the short-term, we expect the worsening pandemic and uncertainty surrounding additional fiscal stimulus will likely drive volatility in the short-term.
+
+**Highlights**
+
+* Another vaccine candidate frontrunner from Oxford University in partnership with AstraZeneca $AZN is expected to release data before Christmas.
+* BREXIT negotiations have been suspended because of COVID 19
+* Xperi $XPER target raise by Royal Bank of Canada from $21 to $25, stock currently around $18.50
+* Uber $UBER with two target raises. Stock around $50.
+   * Wedbush from $49 to $60 OUTPERFORM
+   * BTIG Research from $55 to $65 BUY
+* $TJX with too many notable raises to list, but the average price target is $72.50 and OUTPERFORM rating. Stock around $61 so very notable
+* Target $TGT with target raise by Raymong James from $180 to $200 at STRONG-BUY. Stock currently around $172
+* Square $SQ with very bullish target raise from Mizuho from $225 to $300 at OUTPERFORM. Stock currently around $192
+* Sonos $SONO with two target raises after blowing out earnings and rising double digits. Stock currently around $21.50.
+   * Morgan Stanley $MS at $30 OUTPERFORM
+   * Royal Bank Canada at $24 OUTPERFORM
+* Nvidia $NVDA with too many target increases to list here, but average price target around $625 with BUY rating. Stock currently around $537 after announcing earnings.
+* Insperity $NSP target raise by Truist from $95 to $105 at BUY. Stock currently around $89.
+* $NIO with $50 price target set by Deutsche Bank $DB with BUY rating. Stock currently $48
+* L Brands $LB get target raise from Wells Fargo $WFC from $45 to $60 at OVERWEIGHT. Stock gapped up after positive earnings, currently around $39
+* Keysight $KEYS with two bullish target raises. Stock currently around $118
+   * Barclays from $128 to $135 OVERWEIGHT
+   * Robert W. Baird from $112 to $126 OUTPERFORM
+* $JD target raised by Barclays from $89 to $100 OVERWEIGHT. Stock currently around $86.
+* Jack in the Box $JACK target raised by Wells Fargo $WFC from $100 to $110 at OVERWEIGHT. Stock currently around $91
+* Heska $HSKA target raised by Raymond James from $140 to $145 at OUTPERFORM. Stock currently around $124
+* Abbot $ABT target raised by Morgan Stanley $MS from $117 to $121 at OVERWEIGHT. Stock currently around $111
+
+"Life is like riding a bicycle, in order to keep your balance you must keep moving." -Albert Einstein
+Long time lurker of this subreddit and I've always wondered what careers most people in this sub have and what salary range they take home. Did you fall into this trade on purpose? By accident? Could (or should) someone who doesn't make a lot go back to college for one of your careers to make more and become FI one day?
+Hello everyone,
+
+I have a question for you all. I am constantly torn between giving profits back to the market, and letting my trades play out. When I first started trading (and granted I am still very early in my career) I was pretty much just trying to scalp for 10 pips or so. I am now going for larger trades (between 20-50 pips) but normally I will take profits early at around 10-15 if I start to see issues. Pretty much my biggest fear in trading is being up 15-20 pips, or being 2/3 pips away from TP and then hitting a stop loss, or breaking even. So my question to you guys/girls is how do you know when to get out of a trade early, or do you even do that? Or do you just let it hit one of them either way? A lot of my trades I get out of sometimes +1 or 2 pips because I was up 10 but dont want to go back negative, then the candle after I get out rockets towards my TP and I just have to watch it hit my TP knowing I got out lol. 
+
+​
+
+What do you do?
+
+​
+
+Thanks
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[📚 Due Diligence](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Due%20Diligence%22) | [📚 Possible DD](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Possible%20DD%22) | [📈 Technical Analysis](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%88%20Technical%20Analysis%22) | [🤔 Speculation / Opinion](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%94%20Speculation%20%2F%20Opinion%22) | [💻 Computershare](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%BB%20Computershare%22) | [💡 Education](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%A1%20Education%22) | [📰 News](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B0%20News%22) | [🤡 Meme](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%A1%20Meme%22) | [👽 Shitpost](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%91%BD%20Shitpost%22) |[📳Social Media](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B3Social%20Media%22) | [☁ Hype fluff](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%E2%98%81%20Hype%2F%20Fluff%22)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+i started investing a year back and most of the stock i bought simply because i thought they were big companies and safe to invest, but i always wondered how to do a analysis of the stock using the tools freely available.
+
+i recently downloaded the tickertape but i not sure where and what to look other than obvious thing they highlight.
+I'm a beginner myself and at this stage just learning things before going in. I have already moved most of my money except the 'emergency fund' into debt funds which I'll shift into stocks as opportunity comes. I'll only invest for long term into sectors/companies which have good track record after doing proper fundamental & technical analysis. But still I'm a little scared if this is a fair game or a beginner will always loose money due to inherent manipulation in the market.
+
+
+
+May be I and other people who are new here can learn something from more learned ones here who once started as a novice themselve at some point. Any mistakes or learnings you wanna share?
+I'm a beginner myself and at this stage just learning things before going in. I have already moved most of my money except the 'emergency fund' into debt funds which I'll shift into stocks as opportunity comes. I'll only invest for long term into sectors/companies which have good track record after doing proper fundamental & technical analysis. But still I'm a little scared if this is a fair game or a beginner will always loose money due to inherent manipulation in the market.
+
+
+
+May be I and other people who are new here can learn something from more learned ones here who once started as a novice themselve at some point. Any mistakes or learnings you wanna share?
+i started investing a year back and most of the stock i bought simply because i thought they were big companies and safe to invest, but i always wondered how to do a analysis of the stock using the tools freely available.
+
+i recently downloaded the tickertape but i not sure where and what to look other than obvious thing they highlight.
+Got an SMS from digiBank informing that it has updated rates and charges and left a link - http://go.dbs.com/ratesfees
+
+To my surprise  it had introduced monthly average balance of 5000. The interest rate for under 1.5L has also dropped to 3.5%
+
+Started as truly digital, zero balance savings account scheme that offered 7% P. A., digiBank today has become no different than any other bank,  pestering you for their Mutual Funds offering and FD that offers 4.5%. Even their group health insurance offering is worse than what Royal Sundaram offers if you buy directly.
+
+It seems like they charge you for account closure but haven't mentioned the charges on the site.
+
+Is digiBank still worth it?
+ 
+
+[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!*
+No I’m not talking about a strategy. I’m talking about a mindset. I recently read about how imagine you’re day trading options, in my case 0dte SPX. You can make $100-$1000 or more in a matter of minutes on a good set up and yet sometimes we still don’t take profits.
+
+You just made more in a few minutes than what many/most people make in a whole DAY or even a whole WEEK grinding 8-10 hours at work. $100/$15 is 6.6 hours of work. Median US income was 70k in 2021. That’s $34 an hour. At $100, you made about 3 hours of work in just minutes. Now imagine if you made $1000.
+
+It’s basically like someone giving you a stack of Benjamin’s in a few minutes and you turning it down.
+
+That concept hit me hard. I’ve gotten into trades where I’m up like $600 in about 4 minutes or $2000 in about 15 minutes and yet I couldn’t take profit and lost it all. Like I basically just threw away someone’s entire week or month’s of salary ($15/hr x 160 hrs/ month = $2400) that was given to me in under 20 minutes.
+When the pandemic hit in 2020 and I started working from home I decided to use the money I was saving on travel and food to max my 401k contribution. I increased the percentage I was putting into my 401k to reach the max before the end of the year, not calculating it carefully enough to make sure I'd be contributing on each paycheck, just that it would get there. 
+
+I had not given it much thought and left it at the same % this year, which will lead to me reaching the max by the end of October. Checking back on what I earned last year and what my employer contributed it appears I shorted myself ~$140 in 2020 missing the employer match on my final paycheck of the year, and will short myself ~$600 this year missing the match on my last 4 paychecks. 
+
+**Is there anything I can do to recover any of that?** I think with the paycheck that's processing today for the past two weeks I'll be under $160 away from the max, so spreading out my final contributions for the year will yield a little less than ~$10. If I had figured this out a month ago I'd probably have been able to space it out enough to earn it all.
+
+Unless there is some other option that I'm unaware of I guess this is more of a PSA about not maxing your 401k before the end of the year if you have an employer match. I'll have to pay closer attention and adjust my contribution % each year to make sure I don't hit the max too early again.
+
+**Edit: After spending some time bouncing around between people on phone calls I found that my plan does not true-up, but if I elect to spillover and do post-tax contributions thru til the end of the year those will still be matched at the same %. I have now reduced my elected contribution % to what my employer matches which will get me to the 401k max by either the end of October or the following paycheck, and turned on spillover so that I continue to contribute after-tax at the match % so I don't miss out on any of the free money the match provides this year.**
+Started buying into the ETH hype around the 4100 mark. Went up to around 4700 and kept me buying more and more. My DCA is heavy at this point and all I see is red every day. I feel like I am the only person who came onto this trend at the worst time possible. Fml
+This is part question, part rant and part baffled buffoon, so just keep that in mind.
+
+I just read the post of someone in Sydney on 85k contemplating moving to SEA due to 85k not being enough to move out of home, but this isnt exactly a new topic here, can't move out because of X or Y, can never buy property etc.
+
+My experience is a little different, and the above mentioned post rings true since 85k is exactly what I've made this last financial year, and is in the ballpark of what i've made over the last 5, my partner also made 27k, but a few mitigating factors I think make up for that are that I have 3, soon to be 4 children next month, and pay child support for two of them at $800ish a month (absolutely no bitch there, its needed, get over that if you think different), my partner and I live in semi rural VIC about 90 minutes from Melbourne's CBD, we have two houses, a rental and our PPOR, we had nothing 5 years ago, we went from collectively being 120k in total debt (including super) to in the green on net worth by a few hundred grand now, the big reason I see for that is living within our means and both of us being willing to travel for work, live in a cheap area and travel to where the money is.
+
+But what exactly is keeping people in area's that have massive cost of living? is it connivance since they're not willing to commute? is it the comfort of knowing that mum and dad's place is a safe haven, and not being willing to downgrade in the living conditions and commute to start they're own thing?
+
+If you are in a situation where you feel trapped because of house prices, why? why is moving further away and traveling in for work not an option for you? what is stopping you from working further from a major city centre, for Melbourne, think Pakenham, Dandenong etc, a good hour from the CBD in normal peak hour, and living another hour out from that? even if it means income is less, cost of living is down massively in that case, and most industries still have business in suburbs that far out.
+Hello everyone on r/CryptoMoonShots! You have probably seen many posts and comments about Opacity Storage (OPCT) in the last few weeks. I want to take a little time and explain why the community is so enthusiastic about this project, and the potential for investment. Below I break down the fundamentals of the project, why it’s increasing in value now, why it will continue gaining value in the future, and some commonly asked questions.
+
+As a note, I’m not officially affiliated with this project, I’m just a long-term holder that thinks this is the best investment opportunity in crypto. 
+
+FUNDAMENTALS
+
+**Completely anonymous storage**. The purpose of the project is to provide a storage solution that is completely anonymous. As in, not even the Opacity team has any of your information. With data breaches being a continued issue and situations like the ledger hack exposing crypto user’s data, having a storage provider without any of that risk has a tremendous market appeal. 
+
+**Working product**. This is not an exaggeration or hyperbole. This is not we might have a working product by Q4 2021. You can go to the [site]( https://www.opacity.io/sign-up) right now and buy a storage plan using OPCT tokens. The number one reason Opacity is considered massively undervalued is it being a sub $8 Million project that is already working.
+
+**Token price tied to storage value**. The price control for this project is simple, the market will drive the token price to the value of the storage it can buy. At the time of writing this 1TB of storage costs 16 OPCT ($1.12) and 1 TB of storage is worth $79.99. It doesn’t take Elon Musk to realize what *will* happen to the token price over time.
+
+**Experienced team**. The CEO of the company, Jason Coppola, has been in the tech industry for 25 years. He is running this project the way *successful* startup companies work. He put all the focus on getting the product out first and foremost. The marketing and hype are all planned for after the project has all its fundamentals in place. Hype drives price, but the product makes the business. Opacity Storage is a business. 
+
+REASONS THE PRICE IS INCREASING NOW
+
+**Price is correcting to previous levels**. OPCT hit its ath for sats at 1300 in the middle of the deep *deep* bear market. The price per coin is correcting back up to this number but that still has a way to go. Just to get back to this sat number the price would increase x7 from right now. 
+
+**Price correcting to storage value**. As talked about earlier, the price you can pay for storage right now is incredibly low with OPCT. The price will continue to raise to meet it’s worth, and even at ½ of market value for storage, OPCT would be worth $2.50 per token.
+
+ASPECTS NOT FACTORED INTO THE CURRENT PRICE
+
+**Mobile App**. A mobile application for the product will bring a lot of new attention and usability. Mobile is the way many people engage with new tech, so the adoption from this could be huge. The development team has said they should have the mobile app released around May of this year.
+
+**Liquidity Program**. This literally just launched which is starting to push the price upward. There is now a liquidity program for Uniswap in place that will PAY YOU to hold OPCT. [Here](https://medium.com/opacity-storage/opacity-liquidity-rewards-program-75a3d24a747c) are all the details, but you could earn up to 10% of your holdings *per month* with this program. (In all fairness the 10% earnings number requires a very large investment)
+
+**Storage Nodes**. By the end of the year the team will have a storage node program which will be key to the decentralization aspect of the project. People will be able to run their own storage nodes and earn OPCT from providing this service. 
+
+COMMONLY ASKED QUESTIONS
+
+**How are they making money selling storage under $2?** Simple answer is they are not. They will not start making money until the token price raises. As I said, Jason is running this like a start up company and understands that startups operate at a loss for a period of time. He has been personally funding the project because he believes that much in Opacity. Now that the token price has risen the development funds have increased and the runway is looking great.
+
+**If all this is true, why is OPCT so cheap?** There are two reasons for this. First, is public visibility. Not that many people know about the project as the team has been focused on the product and not marketing. The growth the project has seen in the last week is solely from increased visibility. The more people that find the project the more the project will increase.
+The other aspect that has held this project down is the FUD around Bruno Block and what happened with Oyster Pearl. The short version for those that do not know, a guy who went by the name Bruno started a coin called Oyster Pearl (and Shell) that got popular on reddit in 2017 bull rub. Burno then exit scammed later in 2018 and cost people a lot of money. Opacity is the team that spun out of that mess but people have still put their unhappiness on this new project. For years anytime Opacity is mentioned it gets downvoted/disliked from people who were sore about losing money. Now that Bruno is in jail, and the bad feelings have subsided, people are positively talking about Opacity again.
+
+CONCLUSIONS
+
+Opacity is one of the best possible investments in crypto. The reasons it will increase in price are the project returning to previous sats, escalation of token value to match storage value, releasing the mobile app for increased visibility, liquidity program that pays holders, node program that will pay storage providers, and all of this backed by an experienced and dedicated team.
+
+That is why the community is so high on Opacity Storage.
+# UPDATE!
+
+**The comments on this post have been scraped for wallet addresses however, new donations are still welcome, and you can still get your commemorative NFT & prize by following these steps:**
+
+​
+
+1. **Comment below with an image of your donation**
+2. **Fill out this form:** [**https://www.physicalutility.com/pages/toys4tots**](https://www.physicalutility.com/pages/toys4tots) **(it just asks for a link to your comment of the donation and then your wallet address!)**
+
+**We will keep this post up until 12/26 and then return to business as normal!**
+
+**Have a very GMErry Holiday! 🎄🎁🧸**
+
+​
+
+***Original Post*** 
+
+**Tis the season for giving!**
+
+Ryan Kagy has a Toys For Tots fundraiser that was supposed to end today *but* he got in touch with Superstonk (yes, our sub!) to let us know that he is going to continue giving prizes away for donations until he runs out! **Every donation will also receive a commemorative NFT!**
+
+https://preview.redd.it/7g5g6mpq9p7a1.png?width=652&format=png&auto=webp&s=31b04f6bb44b11bbfa186002afd0dc51c3af446e
+
+**REDDIT INSTRUCTIONS:** 
+
+See Above \^ Comment an image of your donation and then fill out this form: [**https://www.physicalutility.com/pages/toys4tots**](https://www.physicalutility.com/pages/toys4tots)
+
+​
+
+**TWITTER INSTRUCTIONS:**
+
+Follow these steps below!
+
+​
+
+https://preview.redd.it/0v7xbu7v7p7a1.png?width=660&format=png&auto=webp&s=fe2fd6e3783c8e987bf30e27f39f086d7b1b680d
+
+https://preview.redd.it/rqmzj4828p7a1.png?width=761&format=png&auto=webp&s=9e12404de86322f14f520959aea1dced6e0db17d
+
+https://preview.redd.it/hp7guqf98p7a1.png?width=1334&format=png&auto=webp&s=60ed064d6ea591ade449f347bba0421a93b7b93a
+
+https://preview.redd.it/9yc9xmjg8p7a1.png?width=740&format=png&auto=webp&s=c6174296de6d29d9b62668c139782ecbbb5f1fa0
+
+https://preview.redd.it/j3ex9sek8p7a1.png?width=840&format=png&auto=webp&s=70fb2195c71070e3942e1709ae9baf5c3fabfb4d
+
+**Notes:**
+
+* Must be able to use a US address to make a donation
+* LOW KARMA? No worries! All low karma donation comments will be manually approved!
+
+Have a very GMErry Holiday all! 🎄🎁🧸
+# Summary
+
+Moon farming strategy has recently become about posting as much as possible, with no regard for quality.  This type of spam harms the subreddit experience for everyone and reduces the moons going to people who are actually contributing quality content to the subreddit. To disincentivize moon farming spam, I suggest a small and gradual karma deduction beginning at a user’s 50th submission (post or comment) for the day.  This will benefit the subreddit by reducing spam and everyone who is not spamming an extreme amount of comments every day will earn more moons.
+
+# Problem statement
+
+Many moon farmers have recently adopted the strategy of posting as much as possible without any regard for quality.  Some of these users are posting hundreds of times per day, which is almost half the amount of comments the entire subreddit would get on a given day last year.  You can see how comment volume for the subreddit has exploded in 2021, exponentially more than increases of our other traffic or engagement numbers:
+
+[r\/CryptoCurrency Comments Per Day.  Source: subredditstats.com](https://preview.redd.it/cpu3c2x8awk71.png?width=881&format=png&auto=webp&s=685143a79d2435c14b1eb0afddc71c603de60b90)
+
+This has resulted in a notable drop in quality for the subreddit and negatively affects everyone else’s experience.  This has highlighted a flaw in the Moons incentive system, where submissions are not being awarded proportionally to the value they add to the subreddit.  In my view, this spam is detrimental to the subreddit and should not be incentivized.  While engagement is great, this type of activity is almost always off-topic spam which does not genuinely engage with other users, nor does it attract engagement from others.
+
+It also increases the work of moderators drastically.  This is not just a manpower problem, but the comment volume is overloading some of our moderation bots and hitting reddit’s API limits.
+
+To quantify this situation, I have been collecting data on all the participants in the Round 16 Moon distribution.  Below is a chart showing the participation curve.  You can [see the full data here](https://docs.google.com/spreadsheets/d/1prxNn4nkagMj_MCo2vcyeQddhoNh0hNe6p9B-qv1D9I/edit?usp=sharing) and methodology details in cell K2. Usernames were redacted from the dataset for privacy and harassment reasons. However, if you would like to know your own SPD (submissions per day) in this data as a reference point, please reply and I'll respond with your number
+
+[r\/CryptoCurrency submissions per day \(posts or comments\)](https://preview.redd.it/icznkfq6awk71.png?width=658&format=png&auto=webp&s=402fa05ec2153e8b6c5d6fd29035a61d51232609)
+
+Some highlights and insights from this data and other sources are listed below:
+
+* r/Cryptocurrency is seeing approximately [80x more comments and 10x more posts than previous years](https://subredditstats.com/r/CryptoCurrency) (This has since decreased slightly since these proposals were released and mods began cracking down on spam)
+* r/Cryptocurrency is consistently the #2 subreddit for comment volume ([https://subredditstats.com/](https://subredditstats.com/)) (This has since decreased slightly since these proposals were released and mods began cracking down on spam)
+* The subreddit sees approximately 80,000 submissions per day, and submissions above 50/day for approximately 24% of the submissions on the subreddit
+* The highest number of average submissions per day was 473
+* Of the accounts that maxed out their karma last distribution, the average submissions per day was 139.7
+* Only 0.7% of participants in the subreddit reach an average of 50 submissions per day
+* We can see other extreme examples in [threads like this one with a user posting 800+ times in a day](https://np.reddit.com/r/CryptoCurrency/comments/pa559e/today_one_user_spammed_500_and_counting_comments/)
+
+# Proposed Solution
+
+To address these problems, I suggest we add a small, gradual deduction beginning at an account’s 50th submission per day.  This deduction would start at 1 on the 50th submission and increase by 1 every 5th submission after that.  The deduction maxes out at 25 on the 170th submission and remains at 25 for all further submissions that day.  The deduction will also never take your submission below 0 karma, so they are never punished for posting an extreme amount, it is just a reduction in rewards.  **Only 0.7% of participants in the subreddit reach an average of 50 submissions per day**, so the vast majority of users would never see any kind of deduction and would likely see an increase in their moon rewards.
+
+To see the full deduction schedule, [see this google sheet and select the Deduction Schedule tab at the bottom](https://docs.google.com/spreadsheets/d/1prxNn4nkagMj_MCo2vcyeQddhoNh0hNe6p9B-qv1D9I/edit?usp=sharing)
+
+Because a set amount of moons are distributed monthly and they can be considered a [zero sum system](https://en.wikipedia.org/wiki/Zero-sum_game), it will not mean that everybody earns less moons.  Instead, the users posting extreme amounts will earn less and everyone else will earn more.
+
+Technical Details: The submission count and deduction would apply to posts and comments alike.  It only applies to each individual submission starting at the 50th in a day, and the first 49 submissions are never affected by this deduction.  It should factor in before other modifications, such as the 2x comment weight.  Admins should not disclose when a new day starts, so spammers have less information to game the system.  Deleted submissions still apply towards the submission count.  Submissions which are not eligible for moons (pinned, distinguished, removed, etc) do not count towards the submission count
+
+Decisions:
+
+* I chose to make the deduction gradual so spammers would not just hop onto an alt after their 50th submission because there is still the ability to earn karma, just slightly less
+* I capped the deduction at -25 so there is always a chance to earn karma if you post something good.  It goes up to -25 so it would be difficult to covertly overcome with other forms of manipulation like vote farms
+* The deduction starts at 50 so it minimizes the amount of affected users, but we could vote to begin the deduction sooner in the future if needed
+* I do not like the idea of preventing someone from posting after a certain number of submissions.  This problem arose due to the incentive system, so I believe it should be solved by correcting the incentive system
+* I chose a daily system because sometimes you can get caught up in a conversation with a lot of users, especially if you're the OP of a popular post.  I don't think that should carryover for the rest of the month and disincentivize your participation on subsequent days
+* There are concerns that spammers will just use alts, but managing many alts and vaults will add work for them and they will be banned for exploiting the moon system when they are caught
+
+[View Poll](https://www.reddit.com/poll/pftw5l)
+I just want to thank this sub and its users for helping me feel more financially secure.
+
+Pre uni I spent all my money seeing a long distance gf. At uni I spent wildly and spent the next 5/6 years stuck in an overdraft.
+
+Last five years or so I've got married, had two kids and lived in London so money has been awfully tight. 
+
+However, there are no excuses looking back, there were times when I overspent for stupid reasons and my money management was poor. 
+
+Fast forward to this year and since covid hit my expenses have gone down, whilst my income has gone up Instead of spending the extra I've put it all into an emergency fund and savings. 
+
+For the first time in 31 years I actually have an emergency fund of 3 months of expenses. And I'll have 2.5k in savings by the end of this month.
+
+Next month I'm starting an isa for my kids and a small investment in a vanguard fund. (getting carried away now haha).
+
+My top three tips that I found helped are as follows.... 
+
+1)write out a detailed budget on excel
+
+2)when you get paid, pay yourself first
+
+3) for purchases over 30 quid, seriously scrutinise whether you actually need it
+
+EDIT: Tip from @reetnesh, 4) "review your spending habits over the last 12 months. When I started saving, I was shocked to find I'd spent £600 on tat from Amazon with no recollection of what that money went on...!" 
+
+So yeah, thanks everyone! I'm much happier for the change.
+This is an update to my previous post found [here](https://www.reddit.com/r/Superstonk/comments/ofiynb/nscc2021002_has_the_shf_against_the_ropes_the/). 
+
+*Obligatory not financial advice disclaimer.*
+
+[Link to the official NSCC-2021-002 document.](https://www.federalregister.gov/documents/2021/06/24/2021-13413/self-regulatory-organizations-national-securities-clearing-corporation-notice-of-filing-of-partial)
+
+Great summary by [u/criand](https://www.reddit.com/u/criand/): It turns monthly liquidity checks into 24/7 liquidity checks. If a members positions makes it so they don't have enough liquidity posted, Marge calls. If they don't post sufficient liquidity within ONE HOUR then they'll be snapped and their positions liquidated/they default.
+
+**Overview**
+
+On 6/24/21 this rule went into effect. It's been a total of 22 trading days and is definitely showing a trend. Since that time we've seen a couple of different data points arise that indicate the rule is causing the SHFs to scramble.
+
+**Low Volume**
+
+According to [Yahoo Finance data](https://finance.yahoo.com/quote/GME/history?p=GME), we've had the top 10 lowest volume days since that time, setting yet another record today. Low volume is an indicator of low liquidity and likely the noose tightening. In the past when we've had weeks of sideways trading and low volume, it's inevitably lead to a breakout to the upside.
+
+**Lower Highs and Lower Lows**
+
+Since that time, we've started to see lower highs and lower lows. Opening that day we started a run-up to $227, but ultimate got knocked down to a low of $211 and closed at $212. Only one other day since then (6/28) did we have a run-up go past $220. We haven't previously been below $200 since 5/24 when we closed at $180.01. Since that time we've seen the price go all the way down to an intra-day low of $158.01 and haven't gone past $200 since 7/6. With that said, despite even lower volume, the momentum has been shifting higher with our biggest test of $200 on 7/21 reaching an intra-day high of $195.50.
+
+​
+
+https://preview.redd.it/e0squxczetd71.png?width=1358&format=png&auto=webp&s=8e5c8c52be7751f49e53fa5649eba920f95b4448
+
+**Theory/Speculation**
+
+Since the implementation, the SHFs have been very diligent about price suppression. We're no stranger to them trying to lower the price, but I believe we are starting to reach an apex between liquidity and their short position. Everyday they bleed money from their position, but are stuck between a rock and a hard place. Either they use money (via fees to borrow more shares and other fuckery) to suppress the price lower than yesterday or they let it run higher and risk failing the liquidity check.
+
+I believe at this time, the cost to lower the price more than yesterday is less than the cost of their position increasing because of price. They may even know what price will trigger a failed liquidity, so spend the money to lower it further. For instance (completely arbitrary numbers), if the price today stays above $180 it'll cost them $10B and a failed liquidity, but to lower the price below that to say $178.54 (today's closing) it'll cost them $5B and another day. Eventually these numbers will converge as the cost to keep suppressing the price will outweigh the cost to let the price rise. In either scenario they'll be fuk and price goes boom.
+
+From my previous post I said the following:
+
+*Another aspect to this could be coordinated efforts to ensure smaller SHFs don't fail the margin call. We know $350 seems to be a big barrier and we always see a strong short attack when we get close. That may be the bigger SHFs (Shitadel, SUS, P72, etc) coordinating that. At this point, they may know the price that will fail smaller SHFs and work to ensure they don't fail their margin call. If they do, the price will rip due to closing out their position and put $350 in the rearview mirror, causing a domino effect.*
+
+Since then there's been some light shed via NSCC-2021-010, where we learned about SFTs. I'm unsure if my previous theory could be related in the bigger SHFs swapping positions in order to protect themselves, but it's an idea for a more wrinkled brain. More information on that can be found [here](https://www.reddit.com/r/Superstonk/comments/opruh2/new_dtcc_rule_filings_nscc2021803_nscc2021010/).
+
+I expect we'll continue to have record low volume days. All until the apex converges or a catalyst causes the price to jump and the house of cards to come falling down.
+
+Buy, Hodl, and Buckle up!
+Hi All,
+
+My parents are trying to sell their home and are part of a chain. Recently a home-buyers surveyor visited the property without PPE equipment. My parents let him in to survey the house and then (by their account) had a firm discussion at the end about his lack of PPE and failure to avoid touching doors, walls etc...
+
+The report came back and has claimed the house suffers from subsidence, rising damp, lack of adherence to electrical codes, etc.. (essentially he threw the book at the house). The home-buyer surveyor is not a chartered RICS surveyor.
+
+The report is a pack of lies and subsequently, the sale has fallen through. My brother (mum's other son) is a chartered surveyor and can vouch for the condition of the property. My parents are also happy to pay for another independent report to prove all claims are untrue.
+
+What courses of action do they have available to correct the report, or take the home-buyer surveyor to task, or reclaim lost costs.
+
+Thanks
+**EDIT: Moving this version of a TL:DR to the top. Yes, this is a ton of information and yes, it seems very complicated. I tried to break it down into different transaction types because there are a lot of questions about what is taxed and what isn’t.**
+
+**Generally speaking, you will either incur no tax, income tax, or capital gains tax depending on the transaction type. Also, generally, crypto that you receive as rewards (staking, interest) are taxed as income. Cryptocurrency that you sell will generate capital gains/loss tax.** 
+
+**As of right now, rewards from debit/credit cards are not taxed as income. The IRS views crypto back the same way as it views cash back or airline miles earned  from cards, as a discount on your purchase, not as income.**  
+
+**Anything in this post could become irrelevant if tax code/law changes.**
+
+___
+
+
+Which transactions are taxable events and which ones aren’t? What has to be reported and what doesn’t? 
+
+Fair warning: This is going to be a long post with a lot of information. This entire post is a TL:DR of cryptocurrency taxes. 
+
+….but I reluctantly added a TLDR at the end
+
+There are tax laws that absolutely apply, guidance issued by the IRS that isn’t law, and scenarios where no one knows what the hell to do. I’ve tried to sort it out. 
+
+
+###I’m not a tax expert. I’m not a financial advisor. I’m literally a random Kevin. Use this post as a starting point. Do your own research.
+
+
+One of my main sources for this post is the Internal Revenue Service’s website. I’ll list other sources at the end. 
+
+May the wings of capital gains carry you a loft to dance on the moon.
+
+___
+
+
+## TABLE OF CONTENTS
+
+**1) A Cryptocurrency description from the Internal Revenue Service Of The United States of America**
+
+**2) Types of taxes associated with crypto and their rates** 
+   -  2A) Income taxes and 2021 brackets 
+   - 2B) Short term capital gains and 2021 brackets 
+   - 2C) Long term capital gains and 2021 brackets
+   - 2D) Collectable Capital gains
+
+**3) Taxable events, corresponding tax rates, non taxable events, required reporting** 
+   - 3A) Purchasing
+   - 3B) Holding (HODL)
+   - 3C) Transferring between wallets
+   - 3D) Debit/credit/prepaid crypto back rewards cards
+   - 3E) Staking rewards
+   - 3F) Interest payments
+   - 3G) Airdrops
+   - 3H) Crypto to fiat sells
+   - 3I) Crypto to crypto sells 
+   - 3J) Mining rewards (staking as well for the most part)
+   - 3K) Crypto received as payments for goods and services 
+   - 3L) NFTs (regular and liquidity)
+
+**4) Determining your taxable profit/loss and your tax liability with examples of transactions from section 3** 
+- EXAMPLE 1: Determining gains and taxes owed on crypto you purchased with fiat and sold for fiat
+- EXAMPLE 2: Using the First In First Out method to determine capital gains. (I use FIFO as an example and I use FIFO personally but it’s not the only method)
+- EXAMPLE 3: Determining  tax liability on staking rewards that you did not sale. (Applies to interest, airdrops)
+- EXAMPLE 4: Determining tax liability on staking rewards that you did sale. (applies to interest, airdrops)
+- EXAMPLE 5: Crypto to crypto trades
+- Tips on minimizing taxes owed (lawfully) included 
+
+**5) Glossary and Sources** 
+   - Important words, phrases, and abbreviations in this post that are distinguished by being both ***bold*** and ***italicized*** can be found in the glossary. 
+
+Some words may seem self explanatory but are defined differently by the IRS for tax purposes. 
+
+
+___
+
+
+##SECTION 1: Excerpts from the ***IRS*** description of cryptocurrency as stated on IRS. GOV
+
+“Cryptocurrency is a type of virtual currency that uses cryptography to secure transactions that are digitally recorded on a distributed ledger, such as a blockchain.”\
+“Virtual currency is a digital representation of value, other than a representation of the U.S. dollar or a foreign currency (“real currency”), that functions as a unit of account, a store of value, and a medium of exchange.”\
+“Regardless of the label applied, if a particular asset has the characteristics of virtual currency, it will be treated as virtual currency for Federal income tax purposes.”\
+“Virtual currency is treated as property and general tax principles applicable to property transactions apply to transactions using virtual currency.”
+
+___
+
+
+##SECTION 2: Types of taxes associated with crypto and their rates
+
+###2A Income Tax
+
+Your ***tax liability*** for certain cryptocurrency transactions (listed and explained in section 3) will be based on one of the seven tax rates that apply to you based on your ***adjusted*** ***gross*** ***income*** and filing status. 
+
+The proceeds you receive from qualifying transactions will be taxed according to your personal income bracket along with the rest of your income. This is a different tax than the tax that’s levied on the sale of ***capital*** ***assets***. 
+
+The 2021 income tax brackets:
+
+| RATE | SINGLE | MARRIED/JOINT |
+|:-|-:|:-:|
+| 10% | $0-$9,950 | $0-$19,000 |
+| 12% | $9,951-$40,525 | $19,901-$81,050 |
+| 22% | $40,526-$86,375 | $81,051-$172,750 | 
+| 24% | $86,376-$164,925 | $172,751-$329,850 |
+| 32% | $164,296-$209,425 | $329,851-$418,850 |
+| 35% | $209,426-$523,600 | $418,851-$628,300 |
+| 37% | $523,601 + | $628,301 + |
+
+| RATE | MARRIED/SEPARATE | HEAD OF HOUSE |
+|:-|-:|:-:|
+| 10% | $0-$9,950 | $0-$14,200 |
+| 12% | $9,951-$40,525 | $14,201-$54,200 |
+| 22% | $40,526-$86,376 | $54,201-$86,350 |
+| 24% | $86,376-$164,925 | $86,351-$164,900 |
+| 32% | $164,926-$209,425 | $164,901-$209,400 |
+| 35% | $209,426-$314,150 | $209,401-$523,600 |
+| 37% | $314,151 + | $523,601 + |
+
+###2B Capital Gains: Short Term
+
+Short term capital gains tax is applied to the ***realized*** ***gains*** from the selling, trading, or ***disposal*** of cryptocurrency that you’ve held for less than one year. 
+
+The tax rate is the same as the rate you’d pay for ordinary income, based on your personal tax bracket, the same brackets listed above in section 2A. 
+
+
+###2C Capital Gains: Long Term
+
+Long term capital gains tax is applied to crypto that you hold for more than one year before selling or trading. These rates are typically much lower than ordinary income. 2021 long term capital gains brackets: 
+
+| RATE | SINGLE | MARRIED FILING SEPARATE |
+|:-|-:|:-:|
+| 0% | $0-$40,000 | $0-$40,000 |
+| 15% | $40,401-$445,850 | $40,401-$445,850 |
+| 20% | $445,000 + | $445,000 |
+
+| RATE | MARRIED FILING JOINT | HEAD OF HOUSEHOLD |
+|:-|-:|:-:|
+| 0% | $0-$80,000 | $0-$54,100 |
+| 15% | $80,801-$501,600 | $54,101-$473,750 |
+| 20% | $501,600 + | $473,751 + |
+
+___
+
+###2C Collectible Capital Gains
+
+The IRS has not issued a definitive guidance on how certain cryptocurrency may be taxed in this way but a growing opinion is that some tokens will fall under the IRS definition of ***collectible*** ***capital*** ***assets***. This tax has a flat rate of 28% We’ll cover these tokens in the next section. Can you guess what’s in question?
+
+The IRS defines collectible assets broadly. Any work of art, most metals, gems, coins and this super general statement: Any personal property that the IRS determines a collectible under ***IRC*** ***Section*** ***408(m)***. 
+
+**It is important to point out that each block of income is taxed at the rate it corresponds to and capital gains do to push your ordinary income into higher tax bracket. I’ll repeat this again later because it can be quite confusing.**
+
+___
+
+
+##SECTION 3 Taxable events, corresponding tax rates, non taxable events, and required reporting
+
+The part you’ve been waiting for! Which cryptocurrency transactions trigger a ***taxable*** ***event*** ? How are they taxed? Let’s explore. 
+
+Examples in **Section 4** for different scenarios. 
+
+###3A 3B 3C Purchasing, Holding and Transferring. 
+
+These are not taxable events. No tax liability of any kind is incurred by these actions alone and you don’t have to report crypto that you buy and transfer if you don’t sell or trade it. Even if the value of your crypto rises or falls dramatically, you own no taxes because you have not realized gains. 
+
+**NOTE:** Having a Record of every transaction you make, regardless of tax liability or the current reporting requirement, is very important. 
+
+To be able to properly report when you *do* trigger a taxable event you’ll need to know either your ***cost*** ***basis*** or the ***fair*** ***market*** ***value*** (one of these apply depending on how you acquired it and what you do with it) for each transaction, the amount of fiat spent, the amount of crypto purchased, the date of purchase and any fees you paid.
+
+It’s also important to note that your cost basis is different than your ***average*** ***cost***. 
+
+###3D Crypt rewards cards: general
+
+Generally, the IRS categorizes credit and debit card rewards as non-taxable. They are treated as rebates or discounts on what you purchased. 
+
+That implies that for now, all those juicy crypto back rewards we get do not trigger any taxable event and no reporting requirements upon receipt (Capital gains, income, or otherwise). 
+
+Selling them will trigger a taxable event though, so you’ll need to know the fair market value at the time you received the rewards and the amount received for each transaction. 
+Sounds like a hassle? There are multiple ways to record transactions, I do it manually through Blockfolio (now FTX) but there’s software that can track *almost* everything. 
+
+**NOTE** If you receive cryptocurrency through rewards, staking, interest or any means other than purchasing (using fiat or crypto) the fair market value (market price) at the time you received them becomes your cost basis for tax purposes. 
+
+Some platforms may send you a ***1099-MISC*** if you go over a certain amount of rewards, but that doesn’t make it taxable. Whether something is listed on a 1099-MISC and whether it’s taxable are two different questions. 
+
+  - ###Crypto rewards cards: Fiat Payments
+
+Crypto rewards Cards that are pre-loaded with fiat, or that utilize fiat as the means of payment, do not trigger a taxable event when you make a purchase using the card and receive crypto back because you are paying with the US Dollar, the ***legal*** ***tender*** of The United States. 
+   
+
+  - ###Crypto rewards cards: Crypto Payments
+
+Cards that spend your crypto, whether they are rewards cards or not, trigger a taxable event. (stable coins are no exception, but do not incur tax liabilities in *most* cases) When using a card to spend crypto, the card issuing platform is liquidating your crypto to fiat then using the fiat for the purchase via the card, this is a disposal of a capital asset. 
+
+Even if the provider of the goods/service you purchase from accepts crypto, and you actually transfer your crypto to them via a card or any other method, you are triggering a taxable event by trading crypto for goods and services. 
+
+
+  - ###Crypto rewards cards: Stable coin payments 
+
+Crypto Card issuing platforms that guarantee a 1:1 ratio between US Dollars and the stable coin the card utilizes, will not result in capital gains or losses, but, once again this is the disposal of a capital asset so each transaction is still required to be reported. 
+
+Stable coins are still cryptocurrency and this means that transactions involving stable coins are disposal of capital assets. Although minimal, stable coin prices can fluctuate. If you’re not guaranteed a 1:1 ratio, you may trigger a taxable event and you’ll need to calculate your profit or loss. 
+
+While using your crypto to pay for goods and services via a pre-loaded card triggers a taxable event, it doesn’t always result in a capital gain. If the fair market value at the time of your payment to a merchant is lower than your cost basis, you may actually incur a ***capital*** ***loss*** that can be used to offset gains. (With some exceptions)
+
+###3E 3F 3G Staking Rewards, Earning interest, (including Defi) and Airdrops
+
+Each one of these transactions trigger a taxable event. They are viewed by the IRS in the same way as fiat interest in traditional finance. They are required to be reported and are taxed as income at your personal tax rate, not as capital gains… unless or until you sell. 
+
+What separates these payments from traditional fiat interest is in crypto, for each individual transaction, you need to know the fair market value on the date you received the crypto because upon selling these rewards, the fair market value becomes the cost basis that you must use to calculate your profit/loss and the resulting capital gain or capital loss. 
+
+
+###3H 3I Selling crypto for fiat and crypto to crypto trades/transactions
+
+These are both taxable events and both result in capital gains/loss tax. Selling crypto, your property as defined by the IRS, is of course a taxable event and profit is taxed the same as stocks, gold, or any other “property”. Capital gains apply, either short or long term and according to the bracket you’re in. 
+
+Trading one crypto to another crypto is taxed exactly the same way. You’re  disposing of one asset and purchasing another that are both valued in US dollars. 
+
+###3J Cryptocurrency mining and (staking revisited)
+
+Tax calculations based on the receiving of cryptocurrency through mining are taxed similarly to staking and there’s a lot of debate about this, especially staking rewards. 
+
+According to the IRS, when a taxpayer successfully mines Bitcoin or other cryptocurrency he/she must include it in their gross income after determining the fair market value at the time they receive it. 
+
+There are two ways to report mining rewards on your taxes: as a  ***hobby*** or as a ***business*** as defined by the IRS. In both, much like interest, Airdrops, and staking rewards, the fair market value (at the time you received them) of your mining rewards will be considered income and taxed at your personal tax bracket. 
+
+As a hobby, this will be reported on ***form*** ***1040*** as “other income”. If you run a mining operation as a business, you can fully deduct expenses and the net profit is taxable and reported on ***Schedule*** ***C***. 
+
+###3K Crypto received as payments for goods and services, crypto received as wages and salary and using crypto to pay employees
+
+   - ###Crypto received as payment for goods and services 
+
+Similar to mining, payments received in Cryptocurrency must be converted to their value in US dollars and included as income. Expenses can be deducted if you are a business owner. 
+
+  - ###Crypto received as a form of wage or salary payment, for employees and employers. 
+
+Employers must convert  employee earnings paid in crypto to US dollars on the employees W-2 form. These wages are subject to the same withholdings as payment in US dollars. Employers also incur capital gains tax for disposing of their crypto as payment to employees. 
+
+And again, the fair market value at the time you receive the crypto becomes your cost basis if you trade. 
+
+###3L NFTs
+
+Creating an NFT is not a taxable event, and has no value to report when you create it, (if you paid a network or Gas fee with crypto to mint the NFT, that is a disposal and Capital gains apply as if you sold or traded) however, it is considered a cryptocurrency by the IRS. Trading an NFT for another NFT, disposing of an NFT for a fungible cryptocurrency or US dollars is a taxable event subject to capital gains/losses. 
+
+Many NFTs are considered collectibles and may fall under the IRS definition of a ***collectible*** ***capital*** ***asset***. The IRS has not issued guidance on this so the presumption right now is to use the definition of a standard capital asset. 
+
+Trading cards, for example, are not specifically listed by the IRS as collectible capital assets but have historically been taxed as such and this brings to mind NFTs like the NBA Top Shots series. 
+
+The short term rule applies to collectibles in the same way as regular capital gains tax, it’s based on your income tax bracket. However, Long term collectible capital gains tax is a flat 28%. That’s strange to me. 
+
+**I want to reiterate that currently the IRS has not stated that any cryptocurrency is to be taxed as a  collectible capital asset tax. It is not out of the realm of possibility for them to do so and it’s something to keep in mind.**
+
+There are NFTs that do not fit the definition of a collectible. Take Uniswap V3 as an example. Liquidity positions are not represented by ERC-20 tokens anymore, they are represented by NFTs and are obviously different than NFTs that represent art of any kind. 
+
+___
+
+##SECTION 4 Determining your profit/loss from different transactions and your tax liability with examples of transactions from section 3
+
+You’re going to basically need a record of every transaction that involves cryptocurrency. You can do it manually with a notes app, excel spreadsheet or a crypto tax software tool that pulls the information from all your exchanges and wallets. Some of these software programs don’t cover everything though. You’ll get reports from many exchanges and you can find a record of your transactions on these exchanges. 
+
+####INFO YOU’ll NEED
+  - cost basis or fair market value
+  - how you acquired the crypto (income or purchase)
+  - how much crypto you acquired or sold 
+  - how much fiat you invested or how much fiat received for the sell
+  - the date you acquired or sold the crypto 
+
+
+###EXAMPLE 1 Determining capital gain and taxes owed on crypto you bought, held, transferred then later sold. 
+
+**NOTE**: Remember to include fees. Fees increase your costs basis which serves to lower your Capital gains, assuming you buy low sell high. 
+
+  - Frank buys 10 ETH  on December 10, 2020. 1 ETH was $1000 and he paid a 0.5% fee - He spent $10,050
+  - The transaction fee was 0.5%, or $50
+  - $10,000 invested + $50 in fees = $10,050 / 10 ETH = **$1005** cost basis per ETH
+ - Frank transfers the 10 ETH to a ledger where he plans to hold it for one year. 
+
+ **NOTE** No fee =  Cost basis is the exact price per coin. Fee = include the fee, $50 in this case, to your total investment, divide total investment by total coins purchased. (If you incur other fees for transfers, those can be included as well.) Cost basis is now $1005 for tax purposes. 
+
+If you incur fees when you sale, deduct those fees from your total proceeds. 
+
+  - On December 11, 2021 (over 1 year later) Frank transfers back to an exchange and sells 5 of his 10 ETH when Ethereum his $10,000. He pays $250 in fees. Remember that he paid $1005 per ETH when he made his purchase. 
+
+  - 5 ETH X $10,000 per ETH = $50,000 - $250 fee = **$49,750** net proceeds 
+  - The next step is to deduct your cost basis from your proceeds from the sale. 
+  - **$1005** cost basis X 5 ETH = **$5025** total cost basis
+   - Net proceeds $49,750 - $5025 cost basis is **$44,725** long term capital gain. 
+   - Frank is married and they file jointly, she has a boyfriend but that doesn’t affect taxes. Their ordinary taxable income (not including the crypto proceeds) is $90,000 which puts them in the 15% long term capital gains bracket. 
+
+**NOTE** capital gains cannot push your ordinary income into a higher tax bracket. 
+
+   - $44,725 capital gain X 0.15 (taxed at 15%) capital gain tax rate = **$6,708.75** owed in capital gains tax
+
+### EXAMPLE 2 Expanding on the above scenario to illustrate the FIFO (first in first out) method of tax reporting. 
+ 
+
+  - Frank also purchased 2 more ETH in March 2021 (we’ll assume no fees this time for simplicity). Ethereum was $2,500. His cost basis for these 2 ETH is $2,500 each. 
+  - We know from the first example that Frank sold 5 ETH from the original 10 he purchased. He now has 7 ETH. 5 left with a cost basis of **$1005** and 2 with a cost basis of **$2,500**
+  - On January 1, 2022 Ethereum drops to $2000 and He sells 6 ETH
+  - 6 ETH X $2000 = **$12,000** net proceeds 
+
+**IMPORTANT NOTE**: Since Frank has two different cost basis for Ethereum and his sale was for more ETH than he owns at the first cost basis of $1005, the sell needs to be split into two transactions when figuring taxes. 
+
+FULL TRANSACTION
+6 ETH sold at $2,000 ETH = $12,000 
+
+
+TAX TRANSACTION ONE
+  - He has 5 ETH from 2020 with a cost basis of $1005 per ETH They were purchased first, they sell first. FIFO
+   - 5 ETH @ $1005 cost basis = $5025 cost basis, sold for $2000 per ETH or $10,000 total proceeds 
+   - $10,000 proceeds  - $5025 cost basis  = **$4,975 LONG TERM NET GAIN on these 5 ETH**
+
+TAX TRANSACTION TWO
+   - He has 2 ETH that he purchased for $2,500 and sold one of them (he sold 6 total, the 5 left from his original purchase plus 1 from his latest purchase = 6)
+ - All 10 of the original ETH he bought have been sold. He must now use 1 of the 2 he recently purchased to determine his tax liability on this 6 ETH sale. 
+   - 1 ETH @ $2,500 cost basis sold for $2,000 total
+   - $2,000 proceeds - $2,500 cost basis  = **$500 SHORT TERM NET LOSS**
+
+  - Frank has two taxable situations here that resulted from one sale. A **$4,975 long term capital gain** that he owes 15% tax on ($746.25) and a **$500 Capital loss** that he can claim. 
+
+**NOTE** Capital losses are first used to offset gains of the same type. So, short term losses are first deducted from short term gains and long term against long term. Losses of either type that are higher than gains of the same type can then be used to deduct against the other kind of gain. 
+
+###If you have an overall net capital loss for a tax year, you can deduct up to $3,000 of that loss against your income. Any capital loss in excess of $3,000 can be carried over to subsequent years and deducted against capital gains first then other kinds of income. Married filing separate is $1,500 for these scenarios. 
+
+###EXAMPLE 3 crypto received as staking or interest payments. Claiming them as income. 
+
+Karen has  10,000 ADA that she wants to stake. She staked and received rewards in February. 
+
+| REWARD/DATE | ADA FMV | REWARD VALUE | 
+|:-|-:|:-:|
+| 6.124 FEB 5 | $0.44 | $2.69 |
+| 6.654 FEB 10 | $0.93 | $4.26 |
+| 5.976 FEB 15 | $0.86 | $3.53 |
+| 6.612 FEB 20 | $1.12 | $7.41 |
+| 6.489 FEB 25 | $1.08 | $7.01 |
+
+  *FMV in the table is Fair Market Value, the price 1 ADA was trading for at the time rewards were received. 
+- Karen earned 31.855 ADA 
+  - Each of these rewards has a different fair market value( $.44 $.93 $.86 $1.12 $1.08 per ADA) and, as shown, represent income of $2.69 + $4.26 + $3.53 + $7.41 + $7.01 each for a total of **$24.90 of income**.     
+  - This $24.90 will simply be added together with the rest of Karen’s taxable income. 
+ - Karen is single and has an adjustment gross income of $35,020 which includes the staking income. 
+ - $35,020 puts her in the 12% bracket, with the first $9,950 is taxed at the 10% rate. 
+ - Karen’s owes 10% on the first $9,950 = $995
+ - The remaining $25,070 is taxed at 12% = $3008.40
+
+###EXAMPLE 4 Expanding on staking rewards. Selling them and using FIFO
+
+We know that our staking and interest rewards are considered income and taxed according to our personal tax bracket. This changes when you sell your staking reward. You’ll owe capital gains tax. 
+
+In a different scenario, instead of just holding the rewards and claiming them as income, she sold the rewards. 
+
+**NOTE** **If you sell the rewards in the same calendar year that you receive them then you will not claim them as income and claim capital gains, only capital gains. You will use the fair market value to determine your cost basis (same info in the previous table) and short term capital gain.** 
+
+Let’s say Karen sold those first 10,000 and just has the staking rewards left to illustrate. 
+
+ - Karen decides to sell the rest of her ADA and all she has left are staking rewards. 
+ - Karen received these ADA as rewards so she’ll have to know the fair market value at the time she received them. 
+
+*same table from above
+
+| REWARD/DATE | ADA FMV | REWARD VALUE | 
+|:-|-:|:-:|
+| 6.124 FEB 5 | $0.44 | $2.69 |
+| 6.654 FEB 10 | $0.93 | $4.26 |
+| 5.976 FEB 15 | $0.86 | $3.53 |
+| 6.612 FEB 20 | $1.12 | $7.41 |
+| 6.489 FEB 25 | $1.08 | $7.01 |
+
+
+
+ - She sells 18 ADA at $3.00. Assuming these were next on the list to be sold using FIFO, she uses ADA from her first 3 rewards dates. 
+ - This is one sell but remember that we have several different cost basis so we’ll have to break it down. 
+ - First out of her 18 total sell is the 6.124 ADA she received on February 5th, ADA was trading at $0.44 that day, $0.44 is the fair market value and now becomes her Cost basis.  
+ - 6.124 ADA X $0.44 Cost basis = $2.69 total cost
+ - 6.124 ADA X $3.00 ADA sell price = $18.37 total proceeds
+ - $18.37 total proceeds - $2.69 total cost = **$15.68 short term capital gain**
+ - The second part of the 18 ADA transaction will use the 6.654 ADA she received on February 10th with a fair market value, now her cost basis, of $0.93
+ - 6.654 ADA X $0.93 cost basis = $5.72 total cost. 
+ - 6.654 ADA X $3.00 ADA sell price = $19.96 proceeds 
+ - $19.96 proceeds - $5.72 = **$14.24 short term capital gain.** 
+ - The third part of the transaction will use 5.222 (6.124 + 6.654 + 5.222 = 18) out of the 5.976 ADA she received on February 15th with a cost basis of $0.86
+ - 5.222 ADA X $0.86 cost basis = $4.49 total cost
+ - 5.222 ADA X $3.00 ADA sale price = $15.67 proceeds 
+ - $15.67 proceeds - $4.49 total cost = **$11.18 short term Capital gains.** 
+ - Now we add each part of the transaction. 
+ - $15.68 + $14.24 + $11.18 = **$41.11 total short term capital gains** from the sale of 18 ADA received as staking rewards. 
+ - Karen is married in this scenario and they had a combined income of $90,000 which puts the top end of their income and the short term gains in the 24% tax bracket. 
+ - Karen and Kevin will owe $9.87 in short term Capital gains tax on the sale of the 18 ADA at $3.00
+
+###EXAMPLE 5 Crypto to Crypto trades
+
+  - Kevin wants to buy TRAC but can only find it with a BTC pair. 
+   - He buys $250 worth of Bitcoin at $50,000
+  - $250 investment / $50,000 BITCOIN = .005 BTC purchased
+  - He trades his .005 BTC for 650 TRAC at $0.40 - Bitcoin had risen to $52,000 at the time of his TRAC trade. 
+  - When you trade crypto to crypto, you’re essentially selling one crypto to fiat and buying another crypto. The IRS views this as a disposal of one capital asset and the purchase of another. 
+   - .005 BTC X 52K = $260 / $.40 TRAC = 650 TRAC
+  - His cost basis for BTC was $50,000 ($250) and when he disposed of it for TRAC the price had risen to $52,000 ($260)
+  - $260 proceeds - $250 cost = $10 short term capital gain. 
+  - Kevin incurred a capital gain on his BTC to TRAC trade. 
+
+###Ways to minimize taxes owed. 
+
+  - Monitor your holding period. Try to turn short term gains into long term gains. 
+  - Use losses to offset gains and wash sales are currently allowed but be careful because the IRS has a clause called ***The Economic Substance Doctrine***
+  - Keep records of all of the fees that you pay for everything
+  - Donate to charity
+  - Gift crypto to family members 
+  - Consider a crypto self directed retirement account 
+  - If you mine, deduct every expense possible. 
+  - Use every deduction or credit available to lower your taxable income 
+
+___
+
+
+
+___
+
+
+##GLOSSARY: Internal Revenue Service or economic/accounting definitions
+
+  - 1099-MISC: An Internal Revenue Services form used to report certain types of non-employee compensation. 
+###A
+  - Adjusted gross income: Gross income minus all available deductions. 
+  - Average cost: Total cost divided by the total number of units. 
+###B
+  - Business: An activity carried on for livelihood or in good faith to make a profit. 
+###C
+  - Capital asset: Significant pieces of property whether owned by a business or individual. 
+  - Capital gains: Profit from the sale of property or an investment. 
+  - Capital gains tax: A tax levied on profit from the sale of property or an investment. 
+  - Capital loss: A loss that is incurred when a capital asset is sold for less than the price that was paid for it. 
+  - Collectible capital assets: Alternative investments that include things like art, stamps, coins, cards, comics, rare items, antiques and so on. 
+  - Cost basis: The original value of an item, usually the purchase price and is used to determine capital gain or loss 
+###D
+  -  Disposal: Asset disposal is the act of selling, trading, or removal of an asset that is no longer needed.
+###E
+  - Economic Substance Doctrine: A tax law under which a transaction must have a substantial purpose aside from reduction of tax liability in order to be considered valid. 
+
+###F
+  - Fair market value: The price that an asset would or did sell for at a given time on an open market. 
+  - Form 1040: A common tax form used by US taxpayers to file an annual income tax return. 
+###H
+  - Hobby: An activity that is engaged in for sport or recreation, not to make a profit. 
+###I
+  - IRC section 408(m): An Internal Revenue Service document that explains and helps determine the consequences of investing in collectibles in an individually directed account. 
+  - Internal Revenue Service (IRS): The revenue service of the United States federal government that is responsible for collecting taxes and administering the revenue code. 
+###L
+  - Legal tender: Anything recognized by law as a means to settle public or private debt, or meet a financial obligation. 
+###R
+  - Realize Gains: The difference in investment amount and proceeds when an investment is sold for a higher price than it was purchased. 
+###S
+  - Schedule C: The IRS tax form used to report income or loss from a business you operated or as a profession you practiced as the sole proprietor. 
+###T
+  - Taxable Event: Any action or transaction that may result in taxes owed to the government. 
+  - Tax liability: The total amount of tax debt owed. 
+
+*sources for definitions and information in the post.* IRS. GOV • Investopedia • cryptotrader .tax • sourceforge .net • coin telegraph •  cointracking .info  • Forbes advisor • thebalance .com • bankrate • taxbit .com • 
+
+
+___
+
+
+This post was born from my research into tax law and code due to my disagreements with the way newly mined or minted coins are taxed.
+
+___
+
+TLDR: If you purchase crypto, you pay capital gains/loss when you sell. If it’s a reward (except from crypto back cards) from interest, staking or mining, you owe income tax on it and if you sell it then you owe capital gains tax. 
+
+Any crypto you trade/sell/dispose of is subject to Capital gains tax.
+
+___ 
+
+
+
+###Edit: There is software that can compile most of your trading, staking, etc for you. Koinly, CrytoTrader,Tax and CoinTracker are highly recommended.
+
+###Edit: You don’t have to use FIFO, that’s just a common method and most preferred. It’s easier to keep up with in my opinion but that’s your choice.
+
+###Edit: It’s important to note that long term Capital gains will not push your ordinary income into a higher tax bracket. Your ordinary income is taxed first.
+This site sucks in so much of my time, it's become almost an automatic habit. I literally caught myself checking Reddit at a stoplight the other day. I love (and will forever be grateful to) this community, but after the MOASS I'll finally have the means to chase my dreams. My time will become infinitely more valuable than it is right now.  So I won't let myself waste anymore of it reading memes.  It's time to grow up and get shit done! 
+
+Just wanted to share. Mods feel free to delete.  Diamond hands mother fuckers!
+I read somewhere else on Reddit that there is a student loan bubble and it's going to burst fairly soon. The arguments put forth fascinated me: so many students are graduating a hundred grand in debt into a shitty job market, not to mention the fact that when you declare bankruptcy the debt doesn't go away, unlike most other debts. Do you guys think there's any truth to this?
+I'm sure everyone has seen the clip by now. If you haven't Google it. 
+
+USD is the world's reserve currency, china holds over 3T USD alone. USD stabilizes local currencies around the globe. If China decides to cash out their USD for a cryptocurrency. It would crash the USD, US economy and the US would lose it's world power status. This is a very real threat that in my opinion is inevitable
+
+If this scares you I would recommend researching the technology behind crypto and buying the best one. Even a small amount of a crypto that will become the world's new reserve currency will lead to incredible gains. I have my opinion on which crypto I think will succeed but I don't want to be labeled a shill
+https://finance.yahoo.com/news/chipmakers-struggle-inventory-buildup-pandemic-123442063.html
+
+> - Pandemic recovery, rising interest rates, a falling stock market, and recession fears have weakened consumer appetite for electronics.
+> - However, the industry expected chip sales to double by 2030, surpassing $1 trillion globally. Micron eyed a facility in upstate New York that could cost up to $100 billion, partly funded by U.S. government incentives.
+In one of the other threads, someone commented about how there’s a lot of information about how to get to financial independence, but not much about after FIRE. It’s been almost exactly two years for me, so I figured I’d share my story.
+
+###The Beginning
+I started my FIRE strategy right after finishing college in 1996 with a couple of degrees in Computer Science. Initially, I lived fairly cheaply, living with roommates, but without a car, in a fairly pricy city. I’d estimate that in any given month, I saved somewhere in the area of 35-50% of my net salary.
+
+I didn’t particularly deny myself one-off things I wanted to do. I’d guess I ate out at least a couple times a week with friends, but I only spent money on things I actually cared about. For instance, it took over a year for me to get a bed, and then only because my mother said I’d never get a girlfriend without a bed. She was probably right.
+
+###My FIRE Strategy
+My main strategy wasn’t so much to avoid one-time expenses, but rather to avoid ongoing monthly expenses like cable, internet, high rent, car expenses, and Starbucks. Though I didn’t know the term “hedonic adaptation” at the time, I had a natural intuition about it so avoided costly pleasures that I didn’t think would lead to sustainable happiness.
+
+My strategy differed from the typical FIRE strategy in two ways. First, I managed my own investments, largely focussing on the stock market. Overall, this wasn’t a particularly effective strategy for me—I roughly equalled the return of the indices. Most of my failures were as a result of investing in businesses that looked to be cheap, but turned out to be value traps. I would’ve saved a lot of time if I just did index investing, but to me, it was something I enjoyed, so it wasn’t terrible.
+
+Second, in my career, I constantly aimed for low-cost, positive black swans. By a “black swan”, I mean a low-probability event that has a disproportionately large upside—like lottery tickets that had a small but realistic chance of winning. But I didn’t want to pay a lot for those black swans, since they were low probability. Ideally they would be free.
+
+An example of this was in my first job. After my 6-month performance review, my boss wanted to give me a large bump-up in salary. Instead, I asked for a bunch of stock options in the company. My reasoning was that any salary increase would be taxed at high marginal rates. Plus, a higher salary was likely to lead to lifestyle inflation and the associated hedonic adaptation. In combination, these factors meant that a salary increase likely wouldn’t boost my savings rate or happiness that much, so what was the point?
+
+In contrast, options could lead to a huge windfall at some time in the future, which would be taxed at the advantageous options tax rate, and wouldn’t result in lifestyle inflation until it actually happened.  I think the main argument against this options strategy is that salary increases compound (a 5% raise when you’re making $100K is much greater than a 5% raise when you’re making $30K). As it happens, that concern didn’t prove to be much of a problem to me—my boss ended up giving me the options and a decent salary increase.
+
+###Results
+I got pretty lucky, cashing out those software company stock options in late 1999. Other black-swanlike things I did included starting businesses, often funded by other people’s money or on a shoestring budget so the opportunity cost (i.e. the cost I’m paying to expose myself to the positive black swan) wouldn’t be so great.  I’d guess that about 25% of these sorts of things worked out.  That seems like a low percentage, but each black swan is a huge win so 25% is a perfectly acceptable number.
+
+I also got burned by a black swan as well. I could’ve bought a house early on, but I didn’t because real estate was already somewhat pricey, and it seemed like I could get more value from investing that cash. The problem is that I live in Vancouver, and a huge real estate bubble developed over that time. Now, a 1400 square foot run-down house in this city can cost $2-3M.  Any purchase now would make a serious dent in our FI nest egg. So, we continue to rent.
+
+I’m still not sure this was a bad decision as opposed to a bad outcome.  When real estate is expensive, it doesn’t seem logical to buy on the belief that it will get to bubble levels of expensive. Sure, occasionally it will, but it doesn’t seem like a smart bet to make.
+
+My final result is that, using a 2.5% safe withdrawal rate, my family reached FIRE two years ago when I was 42.
+
+###My FI Life
+My life now is fairly different than it was. I get up at about the same time I used to so that I can have breakfast with my family, though maybe once I month, I’m tired, so I go back to bed for a couple of hours. I do more of the housework, cook dinner more often, and follow the markets. I also do things I couldn’t do before, like picking up my kids from school and watching my son play ultimate after school.
+
+One of the biggest advantages has been the flexibility. Historically, when a kid got sick or my wife ran late in picking them up, it resulted in her scrambling to pick up the pieces. She managed, but it was far from ideal. Now, it’s much easier to deal with these issues when they occur.
+
+I’m not really a workaholic, but I also am not the type to simply focus on hedonistic pursuits indefinitely. Or perhaps a better way of stating it is, for me, being at least somewhat productive brings me pleasure.
+
+So, I’ve started writing, both a blog and novels. In October, I published my first book, a young-adult science fiction novel. Of course, this is another black swan strategy, though not a cheap one—the opportunity cost is super high.
+
+I consider my writing my current job, albeit one that I can slack off at as much as I like. I’ve rigorously maintained timesheets of my work on it, and I’ve averaged maybe a bit over five hours a day writing. I suspect that this isn’t all that different from how much I worked at my old job, if you exclude time spent talking with people in the kitchen and generally messing around. But my commute is greatly improved.
+
+The things I don’t miss at all about my last job were the politics, the short-sighted, incredibly slow decision-making, and the unproductive work. I do miss the people—I still see some of them occasionally, but it’s not on a daily basis as it was before. That difference is significant and a big downside to FIRE, or at least FIRE as I am choosing to live it now.
+
+Nevertheless, the main appeal of FIRE to me is the security and the flexibility, and I am enjoying those aspects as much as I anticipated. Now if I could just buy a darn house….
+
+Hey everyone! My husband and I have been talking for the past six months or so about starting to try for our first baby. We have been going back and forth about weather or not we’re truly ready to both have a child & give them a comfortable life - That’s why we’re posting here! I figured  that I will give a little background on us and we would love feedback about folks who have been in similar situations or those who did it and didn’t think they could! 
+
+We have a mutual supportive and compassionate relationship and we feel fulfilled for the most part (My husband is a bartenderniw but wants to get something a bit more 9-5 so that he can be more present for our family and hopefully find us better health insurance). 
+
+We have stable jobs, put approx 1/4 of our paychecks into saving, own our home(With a mortgage), and don’t have much exorbitant spending. Our savings would support us for five months without any income. We do not unfortunately have great health insurance ($10,000 family deductible) & I worry that if something crazy happens it would be very difficult. 
+
+We feel emotionally ready, but definitely feel concerned about the financial aspect! What are everyone’s thoughts?
+I just graduated college and have no debt + over 20k just sitting in a savings account making barely any interest. I start my full time role soon and will be making $55k/year to start. I’ll be maxing my 401k match offered by my employer for sure, but don’t know what to do with the rest after I cover my expenses as I now realize keeping it in a savings account is almost losing money.
+
+I’d like to grow this amount to save for a down payment on a house 2-3 years from now, but I know next to nothing. I played around in the stock market with a small amount of money and learned my lesson real quick... don’t play with stocks if you don’t know stocks. 
+
+Can someone spell out for me how I can get some good but relatively low-risk returns on this chunk of cash? I have a Fidelity account and was looking into their managed account and target allocation fund, but I’ve read mixed reviews. Thank you!
+taking advantage of the BBBY hype
+
+https://preview.redd.it/3sgeysxucwh91.png?width=1050&format=png&auto=webp&s=44797307e2a905f7e7fb78d33a70f3e675629b1e
+Hi folks, we are working on an option trading simulator, which doesn’t need any trading account.  A simple mobile and desktop simulation tool.   
+
+What are the features or characteristics that you think it should have? And what are the features that other simulation tools don’t have but it will be nice to have?  Your comments are highly appreciated.   
+
+Fyi: I have a master degree in financial mathematics with up to 7 years working in financial industry and an active option trader for 3 years.
+I’m curious why Twitter is so cheap - it’s currently valued at 8x revenue and 18x earnings whereas its peers Snap (valued at 21.5x revenue with negative cash flow) and FB (valued at 10x revenue and 35x earnings) are valued much higher. Twitter stands to benefit from the same tailwinds of growing social media usage around the world without the detriments of the boycott against FB ads (Twitter has on the contrary been very activist in its policies against misuse of the platform). Additionally Twitter is trading well below its IPO price from... six years ago. Has Twitter not become more valuable in the last ten years?
+Good evening everyone,
+
+u/Dan_Bren here Just wanted to provide you all with the daily update regarding the block trades of DEEP ITM calls that were previously happening.
+
+As can be seen below there were no large block trades of DEEP ITM calls bring the total to 6 out of the last 7 days without any large block purchases.
+
+[GME Biggest Trades 4-13-2021](https://preview.redd.it/sfgloyxjs1t61.png?width=1227&format=png&auto=webp&s=2c661aa49ad4ed79158738a3ba492bbd19ccf981)
+
+I just want to be clear that I'm not here to speculate on what I don't know. I just take the dataset I am presented daily and provide my best inferences to the good people of this sub.  Nothing here should be taken as fact it is purely my opinion and mine alone.  With that being said I think the lack of large block trades of DEEP ITM calls is very telling.
+
+Many have been quick to point out that this doesn't mean there are no DEEP ITM calls being purchased.  This is of course true as the "Big Trade Detector" doesn't catch any trades smaller than 100-200 contracts. But let's delve into this more. If they could be making these trades in smaller chunks "off the radar" of things like this Biggest Options trades list from Fidelity why aren't they?
+
+For starters lets talk about risk. These large block trades of DEEP ITM calls were almost always traded in pairs. It has been surmised from some other DD posts that it is very likely that this the whoever buying and then shortly after reselling. Let's take a look at the time period over which these trades took place.
+
+[GME Biggest Options Trades 4-4-2021](https://preview.redd.it/e0tyatsny1t61.jpg?width=1222&format=pjpg&auto=webp&s=04c94f073c9d3cc4fd00f1fb6f593b50f86dc86a)
+
+The $20 and $12 calls were very likely purchased 13:22:50 and likely sold at 13:22:52 (aka 2 seconds later). Personally I have no idea of the intricacies of how these are used to reset FTD's and I'm not going to sit here and pretend to understand. What I do know is that if I was buying and reselling 100's of millions of dollars of call options on a very volatile stock I would be trying to unload these positions are quickly as possible to minimize my risk exposure. The most efficient way to do this of course is buying and selling these quickly in one large chunk and ended up on our favorite daily chart pictured above.  Now you may notice that on the other set of $12 and $15 calls (probably) purchased at 13:58:05 but (likely) sold at 15:29:24. The reason for why they held them this long you may ask; I don't have a goddamn clue.  I don't know if this had to do with the reset process, if they used it to further manipulate the stock, or if they just decided to be gamblers for an hour and a half. What I do know is they would've hidden these from us the whole time if they had the ability to. The disappearance of these large block trades is significant and if they are to proceed without them, this will negatively impact them in some way.
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+u/Dan_Bren out.
+Can you recommend some good dividend growth stocks or ETFs to buy now that the market is going through a correction. Preferbly some stocks I can reinvest in and hold onto for life for eventual financial freedom. Thank u in advance
+Strap yourselves in degenerates for my first ever reddit post that comes off the back of intense procrastination and self-hatred in the face of university degree disaster, career uncertainty and big red numbers to round out the week.
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+This needs multiple tags as both a Shitpost, Noob Stuff and Loss porn
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+If you would be so kind, read on for Shitpost. If not, fuck your impatience I put time and effort into this shit, but skip to the end and enjoy the loss porn xo
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+Bio:
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+Amateur autist in the industry since February 2021. Have been making lots of mistakes as I learn the hard way like a true autist. My boomer-minded mate told me to put my money in a savings account, told him to get fucked. My pussy mate put most of his money in mostly ETF's instead of descending wholly into the degenerate filth of penny and speccy stocks like yours truly. I love living dangerously and have regularly been skirting the razors edge of practical bankruptcy as I pour most of my pay packet each fortnight into more rookie errors.
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+Entered the arena with the intent of playing the long game but suffering severe ongoing FOMO as I can see the money everywhere but often don't hodl long enough to see the returns a shred of patience would secure. The source of my FOMO is lack of capital. If I had a decent wad to throw at the problem I'd properly diversify and get a decent strategy, but since I don't have that luxury its full throttle autistic attack :)
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+I have ADHD, am addiction prone, and am definitely letting this manifest in my activities on r/ASX_Bets and the ASX itself.
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+I should really just focus on my degree & career but I've tasted the forbidden fruit (saw some big green in late Feb) and am now bound to serve 100 years before the mast. I love the rush, if I wasn't an introvert I probably would've died in some adrenaline junkie pursuit by now. I did Grade 5 rapid rafting and a 110m bungee jump in the space of a day back in 2018. Went skydiving later in that trip. I serially speed along country roads late at night in my shitty little Hyundai Accent. I am considering writing a will because I can definitely see myself living fast and dying young semi-unintentionally.
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+I average down more than I should.
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+Considering going full C&B torture and applying for a Margin Loan.
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+Gender: Male  
+Birthplace: hospital  
+Star Sing: I have no clue I'm not that autistic  
+Measurements: 5 securities (current) - 8 securities (career high) - see images below for P/L  
+Height: 5 months  
+Weight: $15k< (petite)  
+Ethnicity: CommSec  
+Hair Colour: 70% Materials with some cute Energy (10%) & Utilities (20%) highlights  
+Fake Boobs: I'm not witty enough to make this ASX Bets themed, sorry  
+Relationship status: despite everything, yes  
+Interested in: acquiring tendies  
+City and Country: Dubbo cunt  
+Pornstar Profile Views: 59 karma (10 more would've been thematically perfect, sadge)  
+Career Status: Active  
+Career Start and End: 2021 to \*insert "The Ride Never Ends" meme here\*
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+I put too much time and effort into this post but figured I'd make a big splash with this turd.
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+I hope some of you degenerates can appreciate it and find companionship in the Losses below.
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