diff --git "a/reddit_finance_43_250k_188.txt" "b/reddit_finance_43_250k_188.txt"
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+Because of COVID, my repayment schedule starts on January 31st and I feel woefully unprepared.  Is student loan forgiveness my only option here or should I try and repay it as fast as possible while living as frugally as possible?  TIA.
+Since my last comment got quite a few votes, I thought I'd make a basic Google sheet instead of an unnecessary (at this stage) website.
+
+Hopefully this helps a lot of people that are looking into all these new neo banks popping up everywhere.
+
+Note: Blank/white space means I haven't got data for that section yet. Feel free to contribute through PMs with a source!
+
+ [https://docs.google.com/spreadsheets/d/e/2PACX-1vSjuRVkIyiSmFILDdWTHQuMlPJctIpsQNYmnDzBeiCa\_sWNvN05Gd82zv8qcBK7Wd8ytLPC-nLcZhu1/pubhtml](https://docs.google.com/spreadsheets/d/e/2PACX-1vSjuRVkIyiSmFILDdWTHQuMlPJctIpsQNYmnDzBeiCa_sWNvN05Gd82zv8qcBK7Wd8ytLPC-nLcZhu1/pubhtml) 
+As the title said I lost 42k ICN tokens (around 100k USD)
+A month ago I was withdrawing the tokens from Kraken to my Ledger Nano S, but Kraken kept being buggy or not allowing withdrawals for many hours. 
+Then for a fraction of time withdrawals worked and being frustrated I rushed, my bad, and copy pasted the wrong address.
+
+The address I sent my 42k ICN to was my BAT deposit address on Bittrex, and I still have no replies from their support on the possibility to recover my funds even if it’s technically possible (ICN and BAT are both ERC-20 tokens) 
+It’s not 1k or 10k, it’s 100k usd and it seems absurd to me that an exchange can just keep the present and not reply, they can just pretend a higher recovery fee.
+
+The support team doesn’t reply since a month.
+
+Anybody experienced similar problems and found a way to solve them? 
+Any Bittrex support on Reddit I can get in touch with? 
+
+It’s an incredibly relevant chunk of money for me, that I’m leaving on their table. Any suggestion welcome, thanks
+For chart see: https://imgur.com/HexYgSl  
+
+The number of active ETH addresses has doubled in two months. Daily transactions have nearly doubled from the February low. Daily new addresses are up a whopping four times! Even the price has doubled since the last low. And if you like reading the TA runes, the 50-day EMA is at or above the 200-day EMA (as is the spot price) - what they call a “golden cross” has occurred. Spring is here at last.
+
+There’s more: at the ATH 15 months ago, the previously tight correlation between ETH price and new daily wallets broke down, and the two lines diverged. If you look at them on a graph (see above), for six months after the ATH the wallet line falls below the price line. And then, in September 18, they swap and the price line falls below the wallet line - far below for a while. Today, the lines are tracking broadly in parallel, with the price line still below the wallet line. But if the price snaps back to the level where it is again consistent with new wallets, that would put ETH in the $400-$500 band. And if the new wallet numbers stay above 90k-100k per day for the next few weeks, that has to be considered a strong possibility. 
+
+We might also note that ETH issuance has been reduced, and looks to fall further, possibly within the next year, as the protocol moves to Proof of Stake and a much higher capacity. The boost to ETH value this will almost certainly bring should be priced in during the next 6-9 months. Did I mention that the birds are singing and the wisteria smells lovely? 
+
+For some months I have thought that any rise in the ETH price this year, and perhaps even next, would be tentative and hesitant - the pain of the last year being too close and too sharp. I am now reconsidering this. Crypto is again entering a very positive and optimistic phase. When euphoria hits, it not only hits fast, but it erases the memory of pain. (It’s what allows so many women to *volunteer* for a second or third pregnancy.) Added to the promise of spectacular returns, euphoria is a powerful force in a marketplace. It feels like it might be near. Am I right?
+
+No euphoria price forecast: $500 by Christmas.
+Market euphoria price forecast: $1,000 or more by Christmas.
+Hello Great Apes of the world! 👋 Last week was one of sideways action on GME, but apes resisted boredom, bought the dip, and held strong. Prepare your Diamantenhände as the German market leads us into a new week (SR-NSCC-2021-002 and Russell 1000 here we come!), and join apes around the world to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🚀 Buckle Up! 🚀###
+
+
+
+
+
+- 🟥 120 minutes in: **$215.34 / 181,50 €**
+- ⬜ 115 minutes in: $215.55 / 181,68 €
+- ⬜ 110 minutes in: $215.55 / 181,68 €
+- ⬜ 105 minutes in: $215.55 / 181,68 €
+- 🟩 100 minutes in: $215.55 / 181,68 €
+- 🟥 95 minutes in: $215.10 / 181,30 €
+- 🟩 90 minutes in: $215.34 / 181,50 €
+- ⬜ 85 minutes in: $215.07 / 181,27 €
+- ⬜ 80 minutes in: $215.07 / 181,27 €
+- 🟩 75 minutes in: $215.07 / 181,27 €
+- ⬜ 70 minutes in: $215.01 / 181,23 €
+- 🟩 65 minutes in: $215.01 / 181,23 €
+- ⬜ 60 minutes in: $214.95 / 181,18 €
+- ⬜ 55 minutes in: $214.95 / 181,18 €
+- 🟩 50 minutes in: $214.95 / 181,18 €
+- ⬜ 45 minutes in: $214.74 / 181,00 €
+- ⬜ 40 minutes in: $214.74 / 181,00 €
+- ⬜ 35 minutes in: $214.74 / 181,00 €
+- ⬜ 30 minutes in: $214.74 / 181,00 €
+- 🟩 25 minutes in: $214.74 / 181,00 €
+- ⬜ 20 minutes in: $214.72 / 180,98 €
+- 🟥 15 minutes in: $214.72 / 180,98 €
+- 🟩 10 minutes in: $214.77 / 181,02 €
+- 🟩 5 minutes in: $214.74 / 181,00 €
+- 🟩 0 minutes in: $213.88 / 180,27 €
+- 🟥 US close price: $213.82 / 180,22 €   *($213.85 / 180,25 € after-hours)*
+
+
+
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.18643525. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+Many among the Diamantenhände community are concerned about the well-being of the originator of the series, u/DerGurkenraspler. I also am worried, as I have tried to make contact many times and haven't received any response or seen any activity from him in nearly a month. I continue to reach out to DerGurkenraspler, but at this point I have no idea if or when he intends to resume updates. I will continue to serve as guest-host of the series in the meantime, but dearly hope that DerGurkenraspler is well and is able to return to us soon.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Taxpayers who owe tax and file their federal income tax return more than 60 days after the deadline will generally face a higher late-filing penalty. Ordinarily, the late-filing penalty, also known as the failure-to-file penalty (FTF), is assessed when a taxpayer fails to file a tax return or request an extension by the return due date. This penalty, which only applies if there is unpaid tax, is usually 5 percent for each month or part of a month that a tax return is late.
+
+If a tax return is filed more than 60 days after the April due date -- or more than 60 days after the October due date if an extension was obtained -- the minimum penalty is either $210 or 100 percent of the unpaid tax, whichever is less. This means that if the tax due is $210 or less, the penalty is equal to the tax amount due. If the tax due is more than $210, the penalty is at least $210. The late-filing penalty will stop accruing once the taxpayer files a complete and correct return.
+
+The FTF penalty does not apply to the Taxpayers who met this year’s April 15 deadline to file their individual tax return. It also won’t apply to the Taxpayers who asked the IRS for a six-month extension of time to file, as long as they file by Oct. 15, 2019.
+
+In addition, the IRS urges Taxpayers to pay what they owe to avoid additional late-payment penalty and interest charges. The late-payment penalty, also known as the failure-to-pay penalty (FTP), is usually 0.5% of the unpaid tax for each month or part of a month the payment is late. Interest, currently at the rate of 5 percent per year, compounded daily, also applies to any payment made after the original April 15 deadline.
+
+After a return is filed, the IRS will figure the penalty and interest due and bill the taxpayer. Normally, the taxpayer will then have 21 days to pay any amount due.
+
+If you are *claiming a refund* on your federal return and filing late, there is generally no penalty or interest charge. 
+
+[Common penalties for individuals Taxpayers](https://www.irs.gov/businesses/small-businesses-self-employed/understanding-penalties-and-interest), at IRS.gov
+
+[Source, at IRS.gov](https://www.irs.gov/newsroom/irs-warns-of-higher-penalty-for-some-tax-returns-filed-after-june-14)
+For context I work as a administrative assistant at a well known real estate brokerage. I make about 25k a year and have 70k in savings. I have worked at my company for about 2 years and have good credit. The only issue is my money has just been sitting, and I know I need to do somthing in this market. (Texas) the thing is my market is very hot right now. And there are a lot of options. I have considered by a duplex either in state or out. But they are pretty hard to find where I live. I have also considered purchasing a new build and selling it after completion (assuming the market stays steady). What are my options with 70k, and what would you do? Any advice helps!
+As many of you are aware, /r/wallstreetbets has undergone some changes on the mod list over the last couple of days. According to reddit, the top mods of the community were removed for violating rule 5 of the moderator guidelines, which is: "healthy communities have moderators who are around to answer questions of their community and engage with the admins." The attempt of the top mods to remove all of us and censor you failed, thanks to the actions of the reddit admins. We are grateful to everyone in the community who stood up for us.
+
+Unfortunately, /u/zjz will also not be allowed to come back to moderate the subreddit. This is a decision made by reddit, not us, due to the instability that was created by his last post on the subreddit. We know the respect that you all have for him, each one of us mods has that respect for him too. The hard work and time that /u/zjz put into the subreddit cannot be replaced, but we will try our best to keep the subreddit up to his lofty standards and our high expectations.
+
+Moving forward, we are working harder than ever and we need your help. Since /u/zjz ran all of our bots and was also the most active mod, there is a massive void left by his absence. If anyone has the desire to code a new bot for us and/or the time to moderate, as well as the experience on WSB (at least one year), we would appreciate your help.
+
+Do not harass any former moderators. We need to move on from this and put it behind us all. This is the best community on reddit, let's keep it that way.
+
+[Proof](https://i.imgur.com/gBFWFVm).
+With the market going nuts and all the talk about recession, curious to see if this has changed your FatFire number?  For me, I have gone from my $10M FatFire Target to $6M as it feels more achievable, plus $240K per year (4% SWR) seems fat enough.
+I'm learning QT along with C++ right now as a part of my Computer Science Major. 
+
+I was wondering if it is sensible to build a trading system completely from scratch or there are open-source trading systems available for free which I can develop to my needs. if yes, could you name some open-source trading systems? C++ or Python.
+A lot of retail traders have mixed opinions about analyst recommendations. Some say that they arent predictive of future stock performance, some say the numbers are completely useless, yet every once in awhile they seem to be very predictive. Some retail also say that analysts will upgrade to a buy recommendation because they want to leave a position and want to leave with positive retail volume.
+
+I'm assuming there are very practical methods to figure out which one of these cases are true. Has anyone come to any sort of conclusion on this subreddit?
+**Intro**: Hello Value Investors! Today I will be posting an opinion on P/E ratio. This ratio is a very important statistic used to measure how good a price for a particular security is in comparison to the amount of money said security earns. Now for the good stuff...
+
+P/E Ratio stands for Price to Earnings Ratio. It is calculated by dividing a company's current share price by its per share earnings. Per "Buffetology", any company that has a P/E Ratio of 25 or more is considered above fair value. While anything above 40 is considered to be trading at a ***significant*** premium cost. If you did a screener of blue chip companies right now, most would be overvalued, some of them massively so. But, is this as valuable of a metric as it would normally be? In my opinion, absolutely **NOT**. But why is this the case you ask? Here are my answers.
+
+**Government Intervention**:
+
+The United States Government has thrown 7 *Trillion* Dollars into the economy. What has this caused? For starters, a huge bailout for Wall Street. While I believe unintentional (this up for debate) this has definitely been the result. So, despite massive earnings dips, with wage protection and other economic backstops, these companies have managed to stay afloat. On top of this, interest rates have plummeted to almost nothing, and there is even debate on negative interest rates within the US. This has caused banks and bonds to provide negligible returns over the long term, and have driven real estate prices sky high. This has poured money into the stock market because there is no where else for people to put their money for decent returns. All of these different trends inflate stock prices from their true value, which makes P/E a less valuable measure.
+
+**Circumstantial Earnings Drops**:
+
+The majority of companies out there have been impacted negatively by coronavirus. Some for the whole time this pandemic has occurred, other just partially. Most blue chips (but certainly not all) will be able to recover from this and continue operating as normal, and some already have or in the most rare of cases done better. With earnings dropping, the denominator in the P/E ratio has been reduced, which obviously increases the number. Understand that for most companies that this is drop is circumstantial, not permanent, and is not indicative of the company's future.
+
+**Low Interest Rate Environment:**
+
+While I am very cautious with companies taking on debt, it would be silly to not take this into account. As discussed earlier, the interest rates in the US (and really around the world) are negligible. While this means diminished returns in fixed income investments, this simultaneously means cheap (or even zero interest) loans. Companies will be able to take on more debt with less of a concern on the payments crippling them once the status quo is restored.
+
+**Conclusion:**
+
+Considering all of these factors, I believe that looking at past earnings and future earnings projections are the only true way to get a proper fair value. You should also look to include average past earnings or projected future earnings in your DCFs as well. Do I believe you will uncover a lot of undervalued companies using this method? Not at all. However, you will see a significant decrease in P/E ratio, and be a little closer to the true value of the companies you are researching.
+
+Thanks For Reading,
+
+u/stonksanalyst
+I’m newer to DCF modeling and valuation. After looking into AFL (Aflac) and ALL (Allstate), these companies seem to be undervalued. I am wondering what your thoughts on these companies are.
+Well, it took a bit, but finally here's my full analysis of Tesla.
+
+***Disclaimer: I have a small position in Tesla with an average price of around $150/share.***
+
+The post covers the following:
+
+1. Introduction
+2. Fundamental analysis of Tesla's automotive business, including cars sold, capacity, and future investments required.
+3. Competitive landscape (profitability, debt & future growth/ROIC)
+4. Historical financial performance
+5. Assumptions & valuation
+6. Valuation based on assumptions different than mine
+
+​
+
+**Introduction**
+
+I'd describe Tesla as a car company with big dreams and impressive technology. There are bulls and bears with different assumptions about the future, but if we look backward, there's no doubt that as a company, it disrupted the industry and accelerated the transition to EVs.
+
+It operates in two segments, automotive (responsible for 96% of the revenue and almost all the gross profit) and energy generation and storage (attributing the remaining 4% of the revenue).
+
+Now, I mentioned big dreams. That's of course, coming from Elon Musk. Let's take a look at a few of them:
+
+1. FSD (Full self-driving capability) & robotaxis - Tesla was to some extent the first mover in this area and is likely the company with the most data. However, in my opinion, the competitors are catching up. As for the robotaxis, there's still some time until it becomes a reality and when it happens, Tesla won't be the only player on the market.
+2. The "energy generation and storage" segment is to be worth as much as the automotive segment - Another big prediction that so far seems to have an incredibly low probability. Its current size is insignificant, it's not a profitable segment, and in order to become a significant portion of Tesla's value, well, it will take a long time.
+3. Optimus - The humanoid robot is expected to be on sale by 2027 with a cost of $20k. This was revealed on the latest AI day and some engineers who followed the event (and are not employed at Tesla) weren't impressed. They weren't impressed by the current state of Optimus, although they were impressed by the progress made in such a short period of time.
+4. Tesla will sell 20m cars annually by 2030 - This is something that we'll come back to.
+
+One of the jobs of Elon Musk, like any other CEO, is to be positive and optimistic about the future. That doesn't mean everything will happen nor that the timeline is accurate (especially with Elon).
+
+There are 110k employees at Tesla, yet the tweets of one of them seem to have more impact on the share price compared to all the work the others do. It seems as if Elon has shifted from being one of Tesla's biggest assets to one of its biggest liabilities. However, this post will not be about Elon, it will focus on Tesla as a company and its fundamentals.
+
+​
+
+**Fundamental analysis of Tesla's automotive business, including cars sold, capacity, and future investments required.**
+
+Let's zoom out for a moment. It is obvious that there's a lot of stuff going on (and who knows what else will be announced in the next decade), so in my forecast, I'm expecting that the automotive segment will account for 90% of Tesla's value, leaving 10% for all the other stuff (Optimus, energy generation and storage, etc.)
+
+To value any car company, there are two main inputs:
+
+1. \# of cars sold annually
+2. Margin per car
+
+For younger car companies, capacity is also something to be looked into.
+
+If we look at the statistics, the number of cars sold worldwide annually is pretty flat over time.
+
+2019: **74.9m;** 2020: **63.8m;** 2021: **66.7m;** 2022: **65.4m;** 2023: **71.0m (expected)**
+
+We can round that to 70m cars/year.
+
+Tesla has been growing quite fast when it comes to deliveries
+
+2018: **245k;** 2019: **367k**; 2020: **499k;** 2021: **936k;** 2022: **1.4m (expected - rounded)**
+
+So, based on the 2022 numbers, Tesla has roughly a 2% share.
+
+If we go back at the 20m cars/year prediction, that represents a staggering **28.5% share!** How realistic is that? Well, I'll let you be the judge.
+
+How about the production capacity? Currently, that's around **1.9m**. So, if Tesla wants to grow, they need to invest here A LOT. How much? Let's take a look at their historical investments:
+
+The Berlin factory cost around $5b and comes with a capacity of 250k cars. So, on average, Tesla would need to invest around $20k in capex to increase the production capacity by 1 car. Using the gross PPE from the balance sheet as a metric for all past investments ($43.9b) that led to the 1.9m capacity, we get to a similar outcome. Of course, not all of the $43.9b is related to manufacturing, there's a portion for R&D, general support functions, etc.
+
+This gives a good idea of the future investments required. If Tesla wants to increase capacity by 4m units, they need to invest roughly $80b.
+
+​
+
+**Competitive landscape**
+
+In this segment, I'd like to take a look at 10+ competitors in this industry and look into quite some metrics. I'll start with what the critics normally point out, the price of the company.
+
+​
+
+|Company|Revenue (in $b)|Market cap (in $b)|P/E ratio|
+|:-|:-|:-|:-|
+|Tesla|$74.9|$381.7|36.5|
+|Toyota|$232.2|$188.6|10.0|
+|BYD|$47.6|$96.3|51.0|
+|Volkswagen|$261.2|$71.9|3.6|
+|Mercedes-Benz Group|$141.4|$70.7|5.1|
+|BMW|$128.9|$58.9|3.1|
+|General Motors|$147.2|$47.8|5.7|
+|Ford|$151.8|$46.4|5.2|
+|Stellantis|$172.7|$46.1|2.8|
+|Honda|$108.1|$38.8|7.9|
+
+​
+
+Tesla's P/E is roughly 7x higher than the average of the competitors (with a few exceptions). The question that is asked over and over is, how the hell is Tesla worth so much more than Toyota when Toyota sells 10m cars a year (with Tesla 1.4m for the full 2022)? To answer that question, we need to look into 3 segments:
+
+1. Profitability
+2. Debt
+3. Future growth/ROIC
+
+​
+
+**Let's start with profitability:**
+
+​
+
+|Company|Revenue (in $b)|Gross profit|Operating expenses|Operating margin|Operating profit (in $m)|
+|:-|:-|:-|:-|:-|:-|
+|Tesla|$74.9|26.6%|9.9%|16.7%|$12,510|
+|Toyota|$232.2|17.0%|9.9%|7.1%|$16,511|
+|BYD|$47.6|15.1%|11.8%|3.3%|$1,547|
+|Volkswagen|$261.2|18.5%|10.2%|8.3%|$21,555|
+|Mercedes-Benz Group|$141.4|22.5%|11.0%|11.5%|$16,279|
+|BMW|$128.9|16.5%|6.6%|9.9%|$13,079|
+|General Motors|$147.2|13.6%|5.4%|8.2%|$12,025|
+|Ford|$151.8|11.4%|4.3%|7.1%|$10,696|
+|Stellantis|$172.7|20.2%|8.5%|11.7%|$20,173|
+|Honda|$108.1|20.0%|14.4%|5.6%|$6,097|
+
+The companies are sorted based on their market cap. Although Tesla has 1/3rd of Toyota's revenue, they make almost as much operating profit! Why? It's obvious, they have higher margins. So, what contributes to that? A few points have to be noted:
+
+1. Tesla does not sell through dealerships - this allows them to have higher gross margins as there are no 3rd parties to pay.
+2. Tesla famously doesn't spend money on marketing (funny enough, Elon bought a company that depends on advertising, but anyway, let's get back to Tesla)
+3. Tesla could build factories from scratch, perfectly suited for EVs, while the big companies have to invest to re-purpose their existing factories.
+
+There are only two luxury cars that have higher operating margins than Tesla (Porsche & Ferrari), but they're targeting a very niche audience and not the mass-market.
+
+**Let's continue by looking at the debt of each company:**
+
+​
+
+|Company|Operating profit (in $m)|Market cap (in $b)|Net debt (in $b)|Market cap + Net debt (EV)|EV / Operating profit|
+|:-|:-|:-|:-|:-|:-|
+|Tesla|$12,510|$381.7|$ (15.2)|$366.5|29.3|
+|Toyota|$16,511|$188.6|$143.6|$332.2|20.1|
+|BYD|$1,547|$96.3|$ (3.0)|$93.3|60.3|
+|Volkswagen|$21,555|$71.9|$157.0|$228.9|10.6|
+|Mercedes-Benz Group|$16,279|$70.7|$95.1|$165.7|10.2|
+|BMW|$13,079|$58.9|$83.3|$142.2|10.9|
+|General Motors|$12,025|$47.8|$89.2|$137.0|11.4|
+|Ford|$10,696|$46.4|$97.8|$144.2|13.5|
+|Stellantis|$20,173|$46.1|$ (20.1)|$26.0|1.3|
+|Honda|$6,097|$38.8|$28.3|$67.1|11.0|
+
+Why is looking at the debt so important? Well:
+
+1. First of all, it isn't free. It needs to be repaid and with interest. The auto industry is known to be cyclical, but the debt doesn't really care about that.
+2. The companies that are better positioned from a financial leverage perspective can afford to lower prices temporarily and steal market share. Tesla is in a great position for this, while the giants cannot afford to break even (from an operating profit point of view)
+3. High leverage combined with unprofitable business leads to bankruptcy.
+
+So, I decided to look at this a bit differently. I wanted to check how much would one pay to acquire each company debt-free and what is the return (measured through operating profit). Now, Tesla's ratio isn't 7x higher, but less than 3x higher than the average competitor.
+
+Remember Toyota? It needs 9 years of operating profit to cover its net debt! Tesla costs 367m to be bought debt-free, while Toyota 332m - quite close!
+
+P.S. I took a shortcut for the EV calculation, it's not 100% accurate (it doesn't take into account minority interest, for example), but it's quite close.
+
+**Lastly, let's take a look at the last piece of the puzzle, the growth & ROIC**
+
+​
+
+|Company|Operating profit (in $m)|EV / Operating profit|NTM revenue growth|ROIC|
+|:-|:-|:-|:-|:-|
+|Tesla|$12,510|29.3|45.0%|26.4%|
+|Toyota|$16,511|20.1|14.5%|4.0%|
+|BYD|$1,547|60.3|46.7%|7.9%|
+|Volkswagen|$21,555|10.6|5.8%|6.0%|
+|Mercedes-Benz Group|$16,279|10.2|3.5%|8.7%|
+|BMW|$13,079|10.9|6.5%|7.0%|
+|General Motors|$12,025|11.4|9.4%|6.5%|
+|Ford|$10,696|13.5|5.9%|6.2%|
+|Stellantis|$20,173|1.3|4.0%|19.5%|
+|Honda|$6,097|11.0|24.0%|4.1%|
+
+It's obvious that Tesla and BYD are the exceptions when we look at the expected revenue growth for the next 12 months.
+
+However, what's also impressive is that Tesla has the highest ROIC - They're making the best return on their investments. All of that while also spending money on all kinds of side projects.
+
+In my opinion, the culture within Tesla seems to be better suited for innovation, compared to the old-school, traditional, car manufacturers.
+
+​
+
+**Historical financial performance**
+
+Tesla's revenue has increased significantly, from $21.5b back in 2018 to almost $80b in the last twelve months. At the same time, the gross margin increased from 19% to almost 27%.
+
+The operating expenses (R&D and SG&A) have decreased as % of sales from 20% to 10%, leading to an operating margin of 17%, which is much higher than the average.
+
+Over the same period, they reduced their debt from $14b to $6b (while accumulating $21b+ in cash) leading to a net debt position of -$15b.
+
+​
+
+**Assumptions & valuation**
+
+As mentioned above, I'm expecting that the automotive segment will account for 90% of Tesla's value, leaving 10% for all the other stuff (Optimus, energy generation and storage, etc.)
+
+My assumptions are as follows:
+
+**Revenue growth**: 35% in the next 12 months, declining to 30%, then to 25%, all the way down to 5% in year 10. By then, the projected revenue is close to **$400b (an increase of 431% vs. LTM)** \- representing roughly 6m cars per year (8.6% share) - This also means $80b in capex over time (4m additional capacity x $20k)
+
+Just a reminder of how Tesla's deliveries have progressed over time:
+
+2018: **245k;** 2019: **367k**; 2020: **499k;** 2021: **936k;** 2022: **1.4m (expected - rounded)**
+
+​
+
+**Operating margin**: 10% for the next 2 years due to a recession, then recovery to 18% over time.
+
+**Discount rate:** 9.5%
+
+**Terminal growth rate:** 5%
+
+The valuation based on my assumptions is **$563b** **(179.84/share)**
+
+​
+
+***Note: Adjustments have been made for cash/debt, unearned revenue as well as outstanding equity options***
+
+​
+
+Now, before anyone jumps on me, these are my assumptions and I could be significantly wrong. So, if you have other expectations, I hope the table below can help.
+
+**Valuation based on assumptions different than mine**
+
+The table below shows how the valuation changes (per share), based on assumptions regarding the revenue in 10 years, the operating margin, and how the market share / # of cars to be sold to get there.
+
+​
+
+|Revenue/ Operating margin|16%|18%|20%|22%|Cars/year (share %)|
+|:-|:-|:-|:-|:-|:-|
+|250% ($262.0b)|$109.5|$125.2|$139.2|$152.2|3.5m (5%)|
+|325% ($318.1b)|$129.5|$148.4|$165.5|$181.2|4.5m (6.5%)|
+|431% (397.4b)|$156.3|$179.8|$201.1|$220.8|6m (8.6)|
+|1670% (1.33t)|$445.6|$519.3|$589.2|$654.8|20m (28.5%)|
+
+The last row represents Elon Musk's crazy scenario of selling 20m+ cars per year (without even taking into account the energy generation and storage segment to be the same size as the automotive one) For that to happen, Tesla needs to grow at a rate of 35% annually for a decade.
+
+Based on my assumptions, Tesla is undervalued at the current price levels, however, it was significantly overvalued for a long period of time.
+
+I hope you enjoyed the post and apologies for the length, I wanted to make sure to cover all the points that I find important.
+
+I welcome disagreements on everything mentioned above.
+Isn't selling GME $10P Jan 2024 leaps a very safe play? The premium by the time of writing is $1.75 (yesterday was $2.00!). Assuming final 2 months are negligible, 17.50% high probability return in 18 months is really good (almost \~1.0% per month).
+*Tl;dr.* I work 2 jobs, purchased a house, and got married all within the last year. My side hobby is starting to become profitable and I might rent out one of my rooms starting in 2018. I normally like doing my own taxes and tracking my own $$. But with all these changes I am worried about missing out on benefits. Would it be worth finding an accountant? Or at least consider professional tax service?
+
+*Income:* I work 2 jobs. I'm a Federal employee salaried at $67,000 and a part time job that makes about $14,000 for a combined gross income of just over $81,000. I'm considering renting a spare room to a friend starting in April. I've looked at r/legaladvice's landlord & tenants guide and I feel confident that I'll be a functional landlord. I have a lease drawn up and I've read lots of cautionary tales. Additional income would be $5,000 per year from renting. My craftsman hobby just turned a profit this past year, I made $2000 profit selling my works. Normally my products are gifts or done at-cost, but last year i had some business commissions and I made more money than expected. If this trend continues, when do I need to declare this hobby as a source of income?
+
+*Savings:* $10,000 in employer's 401k program, and $4,000 in emergency fund (aprox 3 months expenses). I contribute the max amount to my 401k that my employer will match, which adds about $5,000 combined each year. I'll be vested in the company this Sept.
+
+*Expenses:* House was purchased with a VA loan $125,000 @ 3.5%. After all the other things, HOA dues, and property taxes, I pay $780/month for my home. Water&sewage are $60, electric is $100 in summer, $250 in winter. Car is paid off, insurance is $50/ month. Student loans total $18,000 and payments are $380/month. No credit card debt.
+
+Total debt: $143,000 
+
+Monthly expenses: $1,370
+
+Monthly income: $3,600 (after taxes, insurance, and retirement contributions). 
+
+I eat out WAY too much, and I spend most of my unallocated monthly income on home improvement, project supplies, MTG cards, and travel. 
+
+My wife and I have elected not to combine income yet, as she is teaching internationally and I do not rely on her income to sustain our stateside lifestyle. I know her take-home pay is about $25,000 after taxes. This will likely go up after she decides she's done teaching in China. My wife's student loans will be paid off after 5 years, I do not know the total. So far we have always filed separately. 
+
+So, I guess there's 3 questions in that wall of text:
+
+1. Should I continue to file my own taxes?
+
+2. At what point should additional income be declared?
+
+3. Is this whole financial situation significantly complex to justify an accountant?
+
+**EDIT** 
+So... It looks like there is little consensus on what I should do with a slight majority of the comments recommending I get a CPA that is NOT associated with a chain firm. I figure I'll have an initial consultation with a few of the locals here and decide from there.
+
+Thank you all!
+I am a huge believer in the future of Renewables given the existential threat of Climate Change
+
+Are there any Sector/Thematic Mutual Funds in India that primarily focus on investing in Clean Energy companies?
+Good morning APES......
+
+Its been such a rough start to the year.... and nobody even cares??? It feels like this market is being "deflated" at a slow rate... this way... you can keep people in longer before panic sets in. YTD numbers are bad.... 
+
+The Long Bond is down 21.60% YTD. "TLT"
+
+[TLT](https://preview.redd.it/qwbb52fa3gy81.png?width=2632&format=png&auto=webp&s=1869feaed6ef700a34e17be029677204edfe4d99)
+
+[https://www.ishares.com/us/products/239454/ishares-20-year-treasury-bond-etf](https://www.ishares.com/us/products/239454/ishares-20-year-treasury-bond-etf)
+
+The AGG is down 10.06% YTD.
+
+[https://www.ishares.com/us/products/239458/ishares-core-total-us-bond-market-etf](https://www.ishares.com/us/products/239458/ishares-core-total-us-bond-market-etf)
+
+LQD, the Corporate bond Index is down 15.18% YTD.
+
+[https://www.ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf](https://www.ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf)
+
+These bonds have never performed like this. 
+
+Historically (from 1980's onwards), bonds have always had positive returns. Corporations could issue new bonds to pay off old bonds, and now that rates are moving in the other direction, these bonds are going to get hit. 
+
+[LQD](https://preview.redd.it/dx94pkoj2gy81.png?width=2054&format=png&auto=webp&s=4384ea2f401842df0701717fc6ea14bbce4f7a78)
+
+(LQD made money every year it had been around. But not this year)
+
+Stocks are getting hit hard as well.
+
+The S&P 500 is down 12.60% YTD. 
+
+[https://www.ishares.com/us/products/239726/ishares-core-sp-500-etf](https://www.ishares.com/us/products/239726/ishares-core-sp-500-etf)
+
+YTD, US Tech and Small Caps are down more than China. The NASDAQ is the 3rd worst performing market in the entire world. 
+
+[https:\/\/www.investing.com\/indices\/indices-futures](https://preview.redd.it/05pzi9ju3gy81.png?width=1336&format=png&auto=webp&s=34e7792ec2d0502adf2a0906e6b2a4d2af35544c)
+
+And most of the selling started November last year.... So these numbers are a bit worse than they actually look.... 
+
+[https:\/\/www.federalreserve.gov\/monetarypolicy\/bst\_recenttrends.htm](https://preview.redd.it/ficu3hel4gy81.png?width=1442&format=png&auto=webp&s=671a4b3f4120e14d5124d89537bd353938f4abb1)
+
+The FED spending and new money has not really stopped... But bonds and stocks are starting to feel the pain. 
+
+Is the FED stopping QE because they have to? Or, Because they have no choice. The FED spending is going side ways but markets are down anywhere from 10-25% across the board. 
+
+**Character -** The people on the other side of the trade have one objection... Get the GME holder to sell. I believe that if the market really tanks that GME will go down with it. Now Im not saying GME goes to $20.... but I do think sub $100 is on the table.
+
+The people will use that momentum to shake out any paper hands... For some people using margin, and taking on too much risk - they may be liquidated and lose their shares. 
+
+MOASS may have a 1-3 week delay between the actual "Crash" and MOASS - or... It could go at any second...But I do think these short sellers will use the crash to shake out any paper hands.
+
+I know APES are not phased by drops but this could be a great buying opportunity for anyone looking to add. 
+
+Stay safe out there and HODL... DRS is my preferred way - this is not FA - just some charts and mostly nonsense. 
+
+**tldr: Major U.S markets are down 12-25% across the board in both bonds and stocks. GME might fall lower with the markets before we MOON for MOASS...**
+It’s 6am and you’re wide awake. **Again.**
+
+You went to bed at 2am, just as you have every day, and your brain’s so foggy, you can’t even remember when this all started.
+
+*“But I need to know.”*
+
+“What are the prices right now? Should I exit? Should I buy more? Is this micro-cap finally going to make the big move? Or is this the top?”
+
+And most important of all…
+
+**“Did I fucking get rugged again?”**
+
+This harrowing maneuver is what they call the “dance of the day trader.” “Baile del comerciante del día” as they say in El Paso. And when it ends in some **bullshit** **hack** of your favorite shitcoin that pulled all liquidity while amazingly taking down their website and telegram simultaneously **“through no fault of their own”** it can simply make you wonder how you didn’t see this all coming.
+
+At the same time you’re getting backdoored, **Chad Whalington is enjoying both his nice green candles and has nice comfy sleep with his nice comfy holds.** He already has full exit strategies on each of his positions and is prepared for several different outcomes. **He eats five-figure losses for breakfast and shits six-figure gains after a pre-dump cigar.**
+
+And he didn’t do this by copying the whales and following the pump and dump schemes. He actually did the opposite. **Chad called out the FUD, ignored the FOMO, and focused strictly on project fundamentals.**
+
+Is he dining on top-100 coins? Nope, still just microcap gems, he’s just the guy who knows how to avoid getting played by the big wallets. **That’s because he’s been using FERA Strategies to inform all of his decisions, letting him get back to relaxing and enjoying his money instead of just stacking it.**
+
+With FERA, you’ll get a community of analytically-minded traders with a set of tools developed by a **fully-doxxed team** focused on microcaps before they go **parabolic.**
+
+This includes **a database of low-cap projects** with dedicated reviews, ratings, and, critically, entry/exit prices so you understand what a project is actually worth before investing, rather than making wildly speculative decisions.
+
+By establishing criteria on each token regarding its **product, exchanges available, volume, team, tokenomics, as well as risk assessment,** there is an easy to digest system that should allow you not only to see what the strategies are on every coin, but begin to cater a plan that suits your needs and preferences.
+
+And again, access to many of these services is only dependent on holding a number of tokens. While entry to their Beasts Telegram where you can get advice directly from the FERA team requires holding 1M FERA tokens, it is certainly worth the price of entry given the high amounts of activity with traders who are thinking outside of the pump.
+
+But if you don’t want all the perks, as of yesterday, the **FERA team opened up the Lions group which requires a more modest 200k tokens**. Holders at this level will be able to discuss strategies with other experienced traders as well as participate in live AMAs hosted in the channel. **This is all done while maintaining a level of exclusivity through the token requirement which will keep out the scams and rugs and foster better collaboration.**
+
+And the beauty here is that all you have to do is hold the token which continues to go ballistic. While those totals sound high, **we are still sitting at a price below 2 cents a share at an absolutely tiny $2M market cap**, which, compared to all these $100M launchpads like Trustswap and Polkastarter, is an absolute dream.
+
+Since this solves a clear problem for the 24/7 crypto day trader by providing full strategies and not just pre-sale allocations, FERA has the potential to moonshot right past these launchpads and, once we’re in mass adoption, be featured as one of the biggest investment firms in the game. 
+
+**Could you imagine getting a piece of Alameda before it became a “$1B an investment throw it around who the fuck cares,” kind of company? I certainly am now.**
+
+And always remember folks, ape together strong. If we can band together and focus strictly on data analytics, make buys and sells that are healthy and based on fundamentals, **WE can take the manipulation out of the market.** 
+
+**Pump and dump schemes exist because we let ourselves FOMO into things and let gigantic purchases and sales dominate our psychology.** If you buy when the whale sells, it’s the whale that gets rekt, not you. If you sell when the whale buys, it’s them that will be missing out. **Technical analysis will be your friend. But FERA will be your partner.**
+
+Uniswap - [https://app.uniswap.org/#/swap?inputCurrency=0x539f3615c1dbafa0d008d87504667458acbd16fa](https://app.uniswap.org/#/swap?inputCurrency=0x539f3615c1dbafa0d008d87504667458acbd16fa)
+
+Website - [https://www.ferastrategies.com/](https://www.ferastrategies.com/)
+
+Platform - [https://feraplatform.com/connect](https://feraplatform.com/connect)
+
+CoinGecko: [https://www.coingecko.com/en/coins/fera](https://www.coingecko.com/en/coins/fera) 
+
+Telegram: [https://t.me/ferastrategies](https://t.me/ferastrategies) 
+
+Medium: [https://ferastrategies.medium.com/](https://ferastrategies.medium.com/)
+Per CNBC:
+
+https://www.cnbc.com/2017/12/22/buffett-partner-charlie-munger-says-bitcoin-is-total-insanity-avoid-it-like-the-plague.html
+
+Here is a link to the full one hour YouTube interview which covers a lot of things besides Bitcoin:
+
+https://www.youtube.com/watch?v=S9HgIGzOENA
+Does anyone have any experience using Monzo/another challenger bank as your main bank account? If you do why? If you don't why not?
+
+I have recently been trying many different bank accounts through all the switching offers and the only bank account I actually like using is Natwest/RBS. The rest, in my opinion especially nationwide feel very clunky and not designed well at all.
+
+With that in mind I am considering switching my main banking to Monzo as I really love the interface and the "instantness" of the UI. I guess the only thing holding me back is that it is not a "proper" bank and if something were to go wrong I wouldn't have a branch to go to! 
+
+If anyone has made a similar switch recently let me know!
+Hi , 
+
+I've got around 25k saved up and currently in Sydney. I was looking into apartment prices in Melbourne and they are MUCH cheaper than Sydney.  (Currently living with parents with a 2 hour commute per day in Sydney, yes it's killing me) 
+
+There are a few 1 bedroom apartments apartments under 300k near Melbourne CBD and Southbank . My job should roughly pay 75k-90k. (I'm a mid level software developer). 
+
+Is this a good financial choice or should I buy a small house further from CBD. (Although I have no need for a house since I'm not married and won't be having children anytime soon) . 
+
+Or perhaps I should be renting? 
+
+Very new to this sub, so apologies if my questions come off simple
+Hi Friends,
+
+What is your strategy with deciding to purchase more homes, or paying off mortgages for homes you already own.  I would love to hear from ya'll and how you have done both and/or one of of the strategies above.
+
+I'm also diversifying (Betterment saving and investing), and from what i'm reading you get better returns putting money towards the market long term, than the money you save on avoided interest paying off mortgages.  However, if these are investment homes i believe paying off the mortgage can be a good thing unlike paying off your primary residence mortgage.
+
+Hope i make sense in what i'm asking.
+
+Thanks!
+I’m looking for a recommendation for a subreddit(s) where I can learn about good brands to upgrade my lifestyle due to a life-upgrading windfall. Things like “I used to buy towels at Walmart but now I want the nice plush ones that they use at 5 star hotels.” Or “I want those sheets rich people tell you feel luxurious but what brand/where do I shop for them?”  
+
+
+
+I plan on overhauling everything from household items, to furniture, to wardrobe…pretty much everything. Husband, wife, kids scenario — so any type of recs are appreciated.
+I have to be honest, watching the hit piece by Kenneth C Griffin, the Financial Terrorist today really made me sick. But he has a great point, in that if buying and holding shares in the US Financial System is enough to destroy teacher pension funds, then it truly is a broken system.  
+
+Anyway, as part of my ongoing attempt to try and spread info outside of our subreddit, [here is my Tweet thread on the subject. I’ve obviously directed it to SEC, DOJ and YELLEN to try and reach a broad audience.](https://twitter.com/thebigbdub/status/1527473191647469569?s=21&t=j6Bbn7_meJIhsArlxPGJaw)
+
+Kenneth C Griffin, in my humble opinion, has committed Treason. He’s actively destroying US Citizens lives.
+Subex ? 
+Share your thoughts 
+
+Positives:
+has 0 debt,
+
+High cash reserves,
+
+No capitalised research and development expenditure, 
+98% customer retention over the years,
+60% annuity revenue business,
+2 new verticals which have started generating revenue with negligible variable/implementing costs(like Microsoft office, they incur development costs, put it online then whoever uses it, they have no additional expenditures) so over 60% of additional top line growth to get added to bottom line. Drastically improving margins,
+Tie ups with tech Mahindra ( multi million dollar IT company ), Snowflake (one of the largest cloud company ), etc.,
+
+Clientele includes 70% of global telco companies whcih can benefit drastically from their new product offerings in analytics, AI, identity metrics.,
+
+Additional hiring last quarter,
+
+
+Negatives:
+0 promoter holding,
+
+Low growth in last 5 years,
+
+No major shareholder holding significant percent of total outstanding share,
+I know there are many ways to efficiently use such money but I need your opinion as to personally how would you invest such money, so as to earn interest or other income using that money. 
+You can elaborate alternative ways in which you could invest as to high risk/ low risk/ medium risk if you want to. 
+I request the answer shall be educative for noobs like me as to what are the various ways to invest efficiently.
+
+Edit 1: kindly explain why would you invest in such fund/ investment
+
+Edit 2: you can also include various types of investments like gold, real estate also
+I just came across this research article about how a study in the Brazilian stock market about day trading where virtually everyone lost money. You can read the article [here](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101)
+
+The summary is as follows
+
+> We show that it is virtually impossible for an individual to day trade for a living, contrary to what course providers claim. We observe all individuals who began to day trade between 2013 and 2015 in the Brazilian equity futures market, the third in terms of volume in the world, and persisted for at least 300 days: 97% of them lost money, only 0.4% earned more than a bank teller (US$54 per day), and the top individual earned only US$310 per day with great risk (a standard deviation of US$2,560). Additionally, we find no evidence of learning by day trading.
+
+I am curious, any day traders here? What has been your experience and how long have you been trading?
+I'm looking at getting a job that probably requires this after my MBA (back into PE, current fund doesn't have these hours, only like 40-55 hrs) and I'm scared that it's going to mean basically not having a life at all.  I have a gf and wouldn't want it to mess up my relationship, but also would still like to have an active social life haha.  Opinions?
+*It’s been 2 months since [my post seeking advice](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/) and /u/Notary_Reddit [suggested](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h6f97tb/) posting an update.*
+
+## Recap of my situation
+
+> I’m currently an individual contributor at a large (non-FAANG) software company. I’ve spent my entire career here, from intern, spanning a bit over a decade (I’m early 30s). According to levels.fyi, my current position best aligns with Google’s L6, Facebook’s E6, or Microsoft’s level 66. I report directly to a VP, whose other IC direct reports are L7-equivalent. I’m on track for promotion to L7-equivalent (potentially this year, realistically next year) and have been told that I have L8-equivalent potential.
+
+I was considering 4 paths forward:
+
+1. Continue on this trajectory. 45-50 hours/week.
+2. Stay with my company, but shift my work/life balance in the direction of life. Aim for ~35 hours/week.
+3. Switch to something intrinsically fulfilling, such as a non-profit.
+4. Hop companies.
+
+I’m optimizing for maximizing free time over the rest of my life, based on actuarial tables and giving added weight to free time during my younger years.
+
+## Summary of the advice you all shared
+
+For **option 1**: /u/fatfirewoman [encouraged](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h020nmn/) ruthless prioritization to maximize my impact on 1-2 projects while bringing my hours down to 40 hours/week. /u/zazrouge [pointed out](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02jy0s/) that many people become less hands-on with code as they become more senior (/u/batua78 [agreed](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02qob4/)) and /u/hanasono [described](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03euwn/) themselves as a counter-example as an L8 who [spent](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h044eyk/) a lot of time working directly on software and reviewing code. /u/shock_the_nun_key [reminded me](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02bn4m/) (and /u/green_night [agreed](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02w2b0/)) that my tenure helps me get things done. /u/Unlucky-Prize [wondered](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03uw7h/) about finding someone to shield me from politics and bureaucracy.
+
+For **option 2**: /u/lottadot [felt](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02mq85/) and /u/icheckucheck [agreed](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02q017/) that I’d figured it out with this option. /u/sstable [asked](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h037brr/) some good questions about what this would look like in practice.
+
+For **option 3**: /u/Lucasa29 [cautioned](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h024b4m/) me against assuming that working at a non-profit would be easier. /u/FragrantPalmLeaves [recommended](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02fbf9/) volunteering instead, and ([along with](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h0bg0t4/) /u/Common-Credit660) [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h0497uf/) some pointers for getting started. /u/navytank [provided](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03bofk/) a variation on this option: working at one of the [Digital Services Coalition](https://digitalservicescoalition.org/) companies. /u/jrwren [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h030xqx/) another variation.
+
+For **option 4**: /u/dailytwiddle [pointed out](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h01z3sp/) & /u/throwsomewayss, /u/kebabmybob, and /u/purelfie [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h020ln6/) [similar](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02zeff/)  [perspectives](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h026w5g/) that I could interview to get a better sense of my market value and /u/Deathspiral222 [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03svq8/) that interview prep probably wasn’t as big of a hurdle as it feels and /u/Semisonic [nudged me](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03gi2f/) not to be lazy and short change myself. On the other hand, /u/vpokedad [pointed out](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h04a08w/) that interviewing at this level can be hard if you’ve never done it before and /u/fawgivemyignorance [also felt](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h04rw7f/) the prep process can be time consuming. /u/SomeoneNicer [noted](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02atux/) that this option would get me to fatFIRE fastest. /u/dukeofsaas [reminded me](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02rqf2/) of the time I’d invest and quality of the sales pitches I’d receive. /u/sous_vide_slippers [started](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02r2jw/) a whole little comment tree about trading firms. /u/kevin9er practically [offered](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h034xia/) me a job.
+
+Other notable advice:
+
+* /u/ipod123432 [pointed out](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02dxcm/) that equity was the biggest problem with my compensation and /u/printerd00d2019 [shared some data points](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03uowu/) and /u/greygray [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h16i76i/) a [reference site](https://levels.fyi/) to help me calibrate.
+* /u/allenmhc [provided](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h01yuc1/) a really thorough response touching on retirement spending, burnout, and career length. /u/ff___throwaway [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02l2nx/) some related thoughts on retirement spending.
+* /u/Smurph269 [reminded me](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h02vmu4/) of hedonic adaptation.
+* /u/Notary_Reddit [suggested](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03cx7c/) a sabbatical and /u/Deathspiral222 [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03sbo2/) similar thoughts.
+* /u/ComprehensiveYam [questioned](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03pkzh/) the metric I’m trying to optimize, suggesting that I’d undervalued calendar time till retirement.
+* /u/nWjGf [told me](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h03f5rv/) I was overthinking things.
+
+
+And stating what should have been obvious, but needed to be said, /u/james-alcock [shared](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h01z2yu/) a helpful perspective:
+
+> Knowing what you want out of life is the hard part.
+
+## An update on where I'm at
+
+For now, I’m holding off on moving, but following /u/fatfirewoman’s advice to ruthlessly prioritize. I’ve delegated things I had been thinking of as undelegatable to some of my L5s and it’s going okay overall. I’m down to 40-45 hours/week. I see this as doing (1), but more efficiently.
+
+Amusingly, /u/granbolinaboom’s [prediction](https://www.reddit.com/r/fatFIRE/comments/nouscn/a_fork_in_the_road_to_fatfire_as_a_staff_software/h022otp/) was closest to being what happened:
+
+> Careful! If you stop caring you might end up getting promoted.
+
+I’ve been promoted to L7-equivalent. With that I got a $60k bump to my total comp, and I’m expecting more. (Our equity refreshes and raises happen on different cadences, for whatever reason.)
+
+I know I’m still leaving money on the table, but for now I’m okay with that. Free time to live life matters more.
+
+If you’d like, AMAA; I’m happy to share pretty much whatever, but may skip questions I feel would risk de-anonymizing me.
+I ran every numbers in a spreadsheet that calculates how many years it will take to reach FI. I currently manage to invest about 17k yearly which is roughly 50% of my annual after-tax income.  Based on those numbers, I would reach FI in 14.3 years. (7% annual return / 4%wr)
+
+The thing I noticed is that if I cut my investments down to 15k/y the number of years only go up to 15.1 which is not that much considering the quality of life 2k more a year would bring.
+
+Has anyone been in my situation and regreted spending/not spending 2-3-4k more a year. I would gladly hear your inputs as Im just starting my FIRE journey and wondering  in future me will regret/not regret.
+
+EDIT: I think I worded my question wrongly, not really spend more on unnecessary things but more or less stop being so anxious about paying the least on groceries by checking every grocery store there is
+Seems like there are multiple weekly posts here by young adults saying that they're just turning 18 and their parents are tossing them out of the house.  But reasons are rarely given.  
+
+For those of you that have been in that situation (either parent or child), and it's now a few years in the past so no longer "heat of the moment" thinking, what were the reasons that caused the sudden get-the-heck-out problem?
+
+Just surprised at the sheer number of these posts, and can't believe that it's mostly parents just wanting to begin living a kid-free life. 
+
+P.S.  To make this also a PF discussion for the young adults out there too, then as a parent I'd suggest staying ahead of this get-out-now possibility by:
+
+---Helping out with some chores regularly around the house (without being nagged to do them)
+
+---Either working a decent amount of hours or going to school (college or trade), or both.
+
+---Not spending all your work $ on partying and/or clothes and/or a fancy car.  Kick something back to the household once in a while if you're going to continue to live there longer term as an adult.
+
+---And IMO very important here --- sharing some life plans with your parents.  Don't let them assume the worst, which would be that you have no plans for the future, plan on living there indefinitely, and that you'll just spend all your $ on parties and/or video games and/or sharp clothes and save none of it.  99% of us parents want to hear about your plans + dreams!
+
+---Finally, if you're in this get-out situation and there's no abuse involved, then sit down with your parents, implement some of the above items, and either negotiate a longer time to stay so that you can get your plan working (share it with them) or offer to start paying some rent.
+
+Edit:  Above tips in PS are meant for young adults with a reasonably normal home life situation.  It's been pointed out to me that I'm assuming most 18-ish year olds have reasonable parents, and that a decent bit of time this may not be the case.
+
+Edit 2:  Wow, this thread really blew up, and with a huge variety of stories + opinions.  While I haven't gone through every post, between what I've read here and a few PM's I've received there's a wide, wide spectrum of beliefs here.  They vary on one end from, paraphrasing, (a) majority of parents out there are horrible and dump mentally on all around them including their kids, so zero of this is on the young adult (doesn't bode well for our society going forward if that's true), to on the other end (b) kids with their phones, video games, etc and general lack of social skills and motivation give parents good reasons to have them hit the road at 18 (also doesn't bode well for our society going forward if this general description of young adults holds true).
+
+Edit 3:  Wow again.  Woke up to Reddit gold and silver.  Much appreciated!
+I see an increasing number of posts spreading FUD about the sub becoming a cult, which is spreading unnecessary bad vibes.
+So this right here might be the best opportunity to spread some love ❤️ ☮️ 
+
+In my eyes, this subreddit is more like the “Woodstock Festival” (which was held in ‘69, nice)
+
+https://en.wikipedia.org/wiki/Woodstock
+
+Please have a look at the Wikipedia article, and you might be surprised about the similarities. Even the number of participants is eerily similar.
+
+We have some first-class organizers (mods) and some first-class acts: AMA guests, apes providing high quality DD and probably the best entertainment the entire internet could possibly have.
+Some even perform the act of love with a banana, and apes are just cheering…
+
+This is a once in a lifetime event, and this time, I’m glad I didn’t miss Woodstonk!
+
+https://youtu.be/iZB8XXYePy0
+
+EDIT: 🚀🚀🚀🚀🚀🚀
+Looking at [Kodak volume](https://finance.yahoo.com/quote/KODK/history?p=KODK), there was a pretty massive spike the day before the news came out. I'm not an insider, so I was caught completely unaware before it made headlines. To combat this, I wrote a python script (and now adapted it to a website) which scans every ticker on the market, gets their last 6 months of volume history, and alerts you when a stock's volume exceeds 10 standard deviations from the mean within the last 3 days.
+
+​
+
+[New Website](https://preview.redd.it/emvegt4dite51.png?width=2678&format=png&auto=webp&s=f4b04198de1d1e88078ca49a0dbb1e734e0aab84)
+
+Here is my [source code](https://github.com/SamPom100/UnusualVolumeDetector)
+
+Website URL is: [https://unusualvolume.info/](https://unusualvolume.info/)
+I really do.
+
+I've been doing GME DD since February. Here's a list of theories i wrote that all came true but no one noticed. I hope this confirms to you that i'm indeed a time traveler and that i've at least left my mark.
+
+​
+
+**1 Week Ago:**
+
+* [Failures to Deliver & Options Analysis](https://www.reddit.com/r/Superstonk/comments/npoe3u/failures_to_deliver_options_analysis/) (Predicted the $300 mini "flash crash" 1 day before it happened.
+
+​
+
+**3 Weeks Ago:**
+
+* [Theory: FTD Reset Cycles, what's coming next](https://www.reddit.com/r/Superstonk/comments/ne0a9n/theory_ftd_reset_cycles_whats_coming_next/) (Predicted/Verified the start of the shorts unwind)
+* [https://www.tradingview.com/chart/GME/t15y2iPt-GME-FTD-Reset-Cycle-Update/](https://www.tradingview.com/chart/GME/t15y2iPt-GME-FTD-Reset-Cycle-Update/) (Predicted all short unwind days)
+
+​
+
+**4 Weeks Ago:**
+
+* [Theory: Are we already in runaway train mode or in for one last weak shakeout attempt?](https://www.reddit.com/r/Superstonk/comments/nf68lm/theory_are_we_already_in_runaway_train_mode_or_in/) (Predicted the start of the shorts unwindings)
+
+​
+
+**1 Month Ago:**
+
+* [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/) (Predicted the margin call day)
+
+​
+
+**2 Months Ago:**
+
+* [GME possibly moving from Russel 2000 to Russel 1000 in June.](https://www.reddit.com/r/GME/comments/mdau40/gme_possibly_moving_from_russel_2000_to_russel/) (Warned of the Russel 1000 2 months before it was "relevant" and was given shit for telling apes not to ignore important things like this)
+* [So... I tallied up open interest for Calls and Puts on GME and found out something cool...](https://www.reddit.com/r/Superstonk/comments/mkmjwh/so_i_tallied_up_open_interest_for_calls_and_puts/)(Foreshadowing May month's mega moves)
+
+​
+
+At this point i'm dry of DD. I think GME is a done deal. I'm gonna lay back and watch the shitshow unfold as a silverback ape. All my theories have come true and at this point i see no point in doing more DD in something that's a done deal.
+
+I could do DD and tell people what days will be up or down days, but that'll just give people the opportunity to day-trade GME, so no, you can't have that piece of information. Let's HODL and watch this go into the multi-millions slowly or fast (I think slowly).
+
+Let's see how diamond handed and zen you are.
+
+Godspeed.
+I get the impression a lot of people have a hard time understanding what the greeks are and what they mean. I definitely had that problem when I was reading about them years ago (still do, somewhat). But what really helped was making graphs and charts of different things and pointing to lines/dots and saying "There, right there, that's delta."
+
+It's like describing the Mona Lisa in words vs. just looking at the painting yourself. Much simpler.
+
+If there's interest in a pictorial representation of delta, theta, and the family, I'll make the "gallery of greeks."
+
+Edit: [Here it is.](https://www.reddit.com/r/options/comments/gpaveh/visual_guide_to_options_greeks_part_1/)
+
+Edit: [Part 2](https://www.reddit.com/r/options/comments/lh15kb/visual_guide_to_options_greeks_part_2_vega/).
+Your markets are run by bots. Now your daily threads are too.
+
+​
+
+This thread is for plans and thoughts prior to the market open period.
+
+Maybe use this time to read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) [.](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).
+
+​
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related](https://discord.gg/EKU2tVBp9u).
+[**Marijuana Banking Bill Expected To Get A House Floor Vote Next Week, Sponsor’s Office Says**](https://www.marijuanamoment.net/marijuana-banking-bill-expected-to-get-a-house-floor-vote-next-week-sponsors-office-says/)
+
+The last time I posted about weed stocks, I explained how US cannabis stocks (ie Trulieve/Cresco/Greenthumb/Curaleaf) are all awaiting big legislative changes throughout the year.
+
+I'm posting now, because the first big piece of legislation, the SAFE act, is finally being introduced to Congress next week.
+
+>The message, which was sent to stakeholders on Friday by a staffer for Rep. Ed Perlmutter (D-CO), the bill’s sponsor, says that while the office is still awaiting scheduling confirmation, they “think the bill will be on the House floor for a vote early next week,” and that will be confirmed when the full calendar is released by House Majority Leader Steny Hoyer (D-MD) “later today.”
+
+SAFE act is a game-changer US MSOs that currently bleed absurd amounts of money and resources because of harsh federal banking restrictions.
+
+>The legislation would ensure that financial institutions could take on cannabis business clients without facing federal penalties. Fear of sanctions has kept many banks and credit unions from working with the industry, forcing marijuana firms to operate on a cash basis that makes them targets of crime and creates complications for financial regulators.
+
+As this news has been confirmed by a fresh leak (that was only published within the hour I'm making this post) there is an opportunity to buy the *"rumour"* in sense as the market has yet to react today. Noone knew when exactly this bill was coming until now so I would act fast if you're interested in beating the hype storm that will come next week once this bill is officially revealed and passed by the House.
+Just read a post about how the NFT marketplace will help companies like Nike and Rolex provide proven authentication for the products that they sell. IMO this thought process will eventually trickle down to everything that isn't a consumable good.
+
+Consumers will start to demand and be willing to pay a premium for all sorts of things knowing that if they ever decided to part with them, there will be a safe and secure way to sell these products and not have to worry about scams on sites like eBay or Amazon.
+
+Amazon will essentially be left for consumable goods like paper products.  I know when I'm done with my toilet paper, no one needs to NFT that...
+
+Amazon will lose out on many sales as the brands of the products they carry will have to move to this new, high demand marketplace for authenticated products.
+40F here. I can already see in my head how my fellow redditors may call me out for being a poor little rich girl. But. Hear me out. I’m around 4 mil. 2 mil in cash/stocks. 2 mil in paid off rental properties. 9 of them. Paying out $8-10k in rents monthly. I’m tired of working.  I am really good at my job. It doesn’t suck. Except it’s hard and I have to just work hard. Be innovative. Cutting edge. Game face all the time. Sales sales sales. I have a team of 10+ that only have jobs because of me because my industry is downsizing big time. No one is hiring operations/support. Just sales, which is me. I just don’t want to work. At least not right now. Or for a while I don’t. But my team needs me to stay in the game. 
+
+My husband died a couple years ago and in a self preservation tactic I acted like I was FINE. Move along. Save the business. Make sure the kids know I got this and I got them. Now that the dust is settling I realize I haven’t grieved for shit.   Just...acted like I’m fine. And I’m not. I just want to ride a bike. Listen to music.  Eat  lunch by myself. Watch TV...during the day.
+
+My industry is tough as hell right now. 2 years ago I made 1.9 mil on a w2. Year after...1 mil. This year...maybe $500k. Maybe that’s what it will be
+Moving forward. Maybe the other years were record years.
+
+So I have 4 mil. I don’t know if it’s enough. I have two more kids to get through college. I can earn $500k every year at a min. Maybe I should hang in there for 5 more years. Until the youngest is almost to college.
+
+My identity is a money maker chick. If I stop working who will I be. I think I won’t care but I will. 
+
+I don’t want to work. Maybe I need a week or two off work.   
+
+How the hell do I think through this?
+
+And yes, I’m seeing a therapist. Everyone should at some point. I haven’t spoke to my financial advisor yet that I am constantly day dreaming about hanging up the keys to my business. I’m sure he can help.
+You walk into any shop, outlet, restaurant they have prices for items. But pubs and clubs do not have to advertise their beer or drink prices. Why not? It’s crazy that I can walk into a pub and pay different prices at different times of the day for the same beer.
+I'm looking for some assistance on choosing between a traditional and Roth 401k.  I'm knowledgeable about the difference between the two but I'm still unsure which is best for my circumstance.  For reference, I can contribute up to 10% of my salary and get 5% matching up to the maximum yearly contribution.
+
+Here is my situation:
+I currently make $115k plus a potential bonus and my wife makes around $85k also with a potential bonus.  She already maxes out her 401k.  I am currently 39 years old with about $42,000 saved in a vested teacher retirement account that I plan to roll into whatever 401k I open.
+
+I am able to retire at 66.5 (about 27 years from now) but my wife will likely still work for at least 8 more years after that.  
+
+I am able to contribute to (and get matching for) a Roth, traditional, or combination of both.  
+
+What should I choose at this point?
+
+(Any other important questions that I missed, please let me know)
+After more than a month without an address, in a shitty motel, being denied by one landlord after another because of my poor rental history, I got approved for a lease today.
+
+It's within my means and I'll be able to start digging myself out of this hole.
+
+This was partly due to the advice of folks on this sub -- seek private owner/operators, be transparent, have good references and a qualified guarantor. I'm very very fortunate to have those. 
+
+It sounds like such a low bar, but I'm over the moon.
+So I'm currently in the middle of a promotion from a Facilties assistant to Facilities Manager , I'm good at my job and cover a lot of things in my day to day.
+
+I was on £24,200 and my company have said they are going to offer me £30,000 for my new role.
+I completely understand that this is a good jump and would settle with it but industry standard for this job description is well above 30k.
+
+Any advice appreciated as I don't want to be too forceful with them incase I piss them off 😂
+Though it is hypothetical, let's limit to companies which have revenues in India and listed entity will have control over operations in India (may be Sri Lanka, Nepal, Bangaladesh, etc) and include your reasons.
+
+Some contenders:
+
+Foreign companies with Indian operations: Amazon India, RB India, Google India, FB India, Salesforce India, Coca Cola India, PepsiCo India etc.
+
+Startups with majority revenues from India: Delhivery, Swiggy, Zomato, Flipkart, etc.
+
+Established Indian companies: GCMMF, Parle, etc.
+
+Indian companies with majority revenue abroad is also cool. Eg: Postman. Companies that started operations in India only, not Indians starting in another country. Eg. Zilingo, Sprinklr is not cool.
+
+Feel free to add a neighborhood kirana store, local retail chain or a welder next to your house. There could be foreign companies that are major suppliers for Indian businesses. You be the judge of cases not covered.
+
+Let this be akin to Lynch’s *first step* to pick stocks from everyday life, but for unlisted companies.
+
+Assumptions, etc:
+
+1. The listed entity is not playing any accounting loopholes that will not benefit Indian investors. And there is no other kind of *chori*.
+2. Investing in markets abroad is not considered.
+3. No one has access to market reports from research firms. Just what’s available free online and everyday observations. If you have information from reports, do share. This assumption(what’s a better word?) is in place as hard numbers are difficult to find, and to welcome purely qualitative opinion. Let’s just acknowledge that this is mostly from gut for this exercise.
+4. Rational prices for the stock is an assumption. But you can provide statements like, ‘would like Coca-Cola India because of x, y, z. But since Buffet made lot of money with Coke there will be lot of investors driving up its price.’
+5. The companies we all like would be well run and do not need to raise capital from Indian public markets. So assume stock are magically listed on April 1, 2021, though they might not have requirement for capital.
+
+**My picks:** In addition to assumptions above, I will be assuming companies pay a fair fee to motherships abroad for brand names and know-how (IP, product, marketing, logistics, etc.). And some of my observations (over long period of time) might be wrong or oblivious to the rest of the story. Let me know in such cases.
+
+**RB India**
+
+Dettol, Harpic, Durex, Lysol, Mortein, Vanish, Strepsils.
+
+RB India specializes in creating categories and being the dominant/only player, and they bow out of categories they can’t find a foothold in. How many people would be able to say ‘Anti-septic’ is the category of Dettol brand? The brand name has become the name of the category.
+
+Look at Vanish. It was introduced in India when stain on clothes was handled solely by detergents. Must have been a bit more than a decade they have been slowly building up the brand. My family or I never had to look for stain remover. A year and a half ago an elderly acquaintance posed problem of not able to remove stain with detergent. Though I never have used it I told him the only thing I know is Vanish. He tried and was happy with the product.
+
+Similarly they have been slowly pushing Veet, Colin (window/glass cleaner). Couple of weeks ago, saw Colin bottle in pantry at home.
+
+BANG was the brand name for their household stain remover when introduced in India, if I'm not wrong. It is discontinued. May be for introducing later. Dettol has most marketing in its brand extensions. Solidifying and deriving from the core product. Very limited but focused marketing for Durex. Harpic built a solid base and was winding down its marketing expenditure till GoI push for toilets. Since then they have ramped up marketing, roped in Akshay Kumar (Toilet Ek Prem Kadha), had small (wise, imo) brand extension (bathroom cleaner. Red one. Blue for toilet bowl). The anecdotes in this paragraph tells me RB is very prudent in capital allocation.
+
+**Amazon India**
+
+Here I’m assuming AWS is not part of Amazon India, and pays fee for AWS hosting, prime content licensing, brand and logistical know-how.
+
+My premise is that for at least the next 5 years or so the bulk of growth for e-Commerce sales in India would be due to the inability of local shops to carry everything the customer wants. There are some categories which people are defaulting to e-Commerce even outside the urban centers, where local shops ordering from e-Commerce sites for other customers (not talking about the pick up or drop off points from the company) is a small scale business.
+
+Now among the e-Commerce players Amazon is my default. I do buy from others, but the experience is comparatively poor from my perspective. There are GMV numbers, growth numbers and stuff available, I’m not using that. A general feeling I have is Amazon is letting Flipkart try things first (burn the money) and try themselves if it is worthwhile.
+
+Amazon prime is a good deal in India for the price. I’m assuming that Prime video content creation in India will break even and they will not try to make that part profitable.
+
+On marketing side Amazon is going for an all inclusive approach and not targeting different segments (mostly). They also have the affiliate program, which I think would be a boost for them.
+
+I think they are the winners in Indian e-Commerce battle and looking at their modus operandi in US, they will grow big and tall from there.
+
+**Delhivery**
+
+There are no last mile 3PL providers in India with last mile service(delivery and pickup). Delhivery will be that what fills the role of DHL and FedEx in Western countries. It will serve mainly businesses setting up independent stores with Shopify, Big/Woocommerce, etc.
+
+**S.M. Kannappa Automobiles**
+
+They are coachbuilders for large buses from Volvo, Benz, Scania etc. They build the coach and interior. They operate under the brand name ‘prakash’. The name is generally placed on the body of buses next to the passenger door. From what I have seen they have *near* monopoly in South Indian market.
+
+Website - [https://www.smkpl.in/](https://www.smkpl.in/)
+
+**Pankajakasthuri Herbals**
+
+It’s ayurvedic company in Kerala, largely OTC. Most things would be similar to what I mentioned about RB India. Prudent capital allocation, dominance in small market, etc.
+
+Website - [https://www.pankajakasthuri.in/](https://www.pankajakasthuri.in/)
+
+Wikipedia page - [https://en.wikipedia.org/wiki/Pankajakasthuri\_Herbals](https://en.wikipedia.org/wiki/Pankajakasthuri_Herbals)
+
+Amul, Parle - Will look into it if they were listed.
+
+Reasons tapered at the end. I blame it on fatigue.
+
+As I mentioned before, treat this as the first step in Lynch’s style of stock picking that he advocates for most investors.
+
+What are yours? **Please provide brief reasons**.
+Looking at purchasing a rental with a tenant included.  Everything looks fine but I have a couple of concerns.  Paying cash no loan no banks.  28k for the single family residence.  No repairs needed.  Descent house.  $400 monthly rent.
+
+The realtor tells me the tenant has been there for years and wants to stay.  Single retired lady.  However she is on section 8.  She pays $50 per month out of pocket & Section 8 pays $350 per month.  I have never had a section 8 property.  Is it complicated?  I can move the tenant out 30 days notice after I purchase the property.  I don't want to do that I just mentioned it as an option.  Having a long term tenant especially a single retired older tenant is a great bonus I think.  I just know nothing about section 8.
+r/thetagang has gotten to be my favorite subreddit. But there’s just one thing that drives me crazy... Every post, meme, or comment someone makes the implication that they are involved with selling derivatives on individual companies.
+
+WHY
+
+My question is, am I missing something? What’s wrong with wheeling SPY, QQQ, or IWM? You’ll outperform real estate returns with a click of a button, and sleep like an angel knowing that if the underlying plummets it will rebound (which is never a guarantee even on blue chip companies). Sure you’ll only make half the premium now, but it’s sure to outperform individual companies in the long term. Not to mention it’s STRESS FREE. No speculation. No discipline required. No feelings of guilt after a rough or plain unlucky week. Just smooth cruising. Is that not enough? Just take the substantial decrease in risk and a slight decrease in premiums. Again, am I missing something? Do you guys ever compare the two options? Does anyone else feel the same way? Have any of you found a good reason to wheel a business over an index that isn’t motivated by “higher premium”? 
+
+I get it. We all have greed. But at what point do we trade our expectations for appreciation
+
+***Just a reminder this is for discussion only. This is not an attack on anyone’s style of investing, just an attempt to challenge how we do things and if we could be doing them better, so we can all become higher performing investors, by maximizing those profits and minimizing those risks***
+So on 12/1 Cloudflare (NET) had a big red day, and I sold, what I thought were 10 Cash-Secured Puts (Stupid I know) for 1/21 140 strike. I am 34 grand in the hole already, and NLV is \~22,400 after today. I also just realized, that these puts are not cash-secured and I won't be able to take assignment on these. Really didn't expect Cloudflare to go down this much. What are my options in this position? I've had to BTC two contracts to avoid margin call already. When will this stock come back?
+For fun I developed a triangle arbitrage bot on Kraken, and I was delighted that some arbis pop up frequently. When trying to grab them, I always lose of course. Does anyone have an idea how competitive this space is before I waste time trying to find a low-latency VPS? If Kraken is already at the large-company, microwave-transmitter, uber-fast-FPGA stage, I won't waste my time trying to win. But as far as I know, Kraken's server is only accessible behind CloudFlare, so the deal is just to rent a VPS in California and try to get lucky? Anyone had success here?
+I don’t even know if I’m in the right spot right now, I am actually extremely flustered and really not sure what to do. 
+
+Yesterday, I quit my job effective immediately after working there for 14 years. I was a full time worker & I was very good at my job. It was a very small family business where I was practically the only person who wasn’t family, but I felt like I was. We had all become very close over time, knew eachothers secrets & hung out occasionally. So you can probably imagine how I’m feeling. 
+
+My boss has been under some pretty extreme stress the last 12 months with family issues and I have done everything I could to be supportive. I worked 70-80 hour weeks so they could do what they needed, go on much needed holidays, etc. Yesterday I think everything must have come to a head. I was making fun of myself since I did something stupid the night before and he didn’t “get it”. I laughed when he didn’t & he started getting snappy, I told him I was joking about myself and there is no need to get defensive. He went bright red in the face, started wagging his finger in my face, yelling that if I plan on trying to make him look f***ing stupid, expecting f***ing retaliation. I told him to stop please, and he just got even angrier. So I had enough (he did this 6 months ago and I walked out for an hour and come back to apologise for walking out), when I said I am not dealing with this & going home, he said fine go. I said, I quit, and he said, good, bye, at least I don’t have to pay as much long service! He deleted me off social media etc. 
+
+I got in my car and cried. I called fair work and  wage inspectorate Victoria and I know my rights and the loss of a weeks wage for no notice but I am entitled to my leave. 
+
+My main question is, what do I do now? He’s been my employment for 14 years, he will give a bad reference for future jobs? How do I explain the breakdown to future jobs when they ask why I left? I know it’s bad taste to talk badly about a previous boss. Especially with the history of 14 years friendship. 
+
+Sorry for rambling. I’m just distraught.
+I am trying not to FOMO in to COST next year because they are so expensive, but worried the price will just keep going up.
+
+They have been growing revenues, building more locations and adding to membership growth, I am considering buying one share soon and add more if there is a drawdown.
+
+What are everyones' price targets for COST?
+
+CFRA has a price target of 558 currently. Morningstar fair value is 447.
+
+Edit: Argus has a price target of $610 and Reuters still has them as a BUY.
+**Personal Info:** So, I've been trading spy for about almost a year right now. Super successful trading this. At first I was just buying the dip with long dated options (1 month or so). However, Now I have refined my strategy that has turned my account parabolic. 
+
+This little pull back we've seen the last couple of days is really really attractive. Swung some poooots today for a easy 2x on my account today. Sold out. (way too early could have X10) and now im looking for a bottoming pattern. 
+
+​
+
+# PART ONE: "Swinging SPY" and "Buying the DIP" 
+
+Right now, I think we can see two levels act as **support.** 
+
+# The 50 Day EMA
+
+* For the last year the 50 EMA (daily) has offered a decent amount of support and really hasn't fallen under that. 
+
+[\(the Straight line is community trend line\) and the 50ema is the little green swiggly line.](https://preview.redd.it/wouqmxdxdrm71.png?width=1089&format=png&auto=webp&s=863635298a1c83c740c79cb1081babd170a7a041)
+
+# The RSI levels
+
+* I really hate RSI for selling levels. But I think if you see patterns for RSI its a great buy indicator. 
+* We are in a good buy signal area.
+* Every time it reaches below 30 on the RSI (2Hour) we can see a big price action movement.
+
+[RSI is at 30 rn](https://preview.redd.it/uewmxoo8erm71.png?width=1103&format=png&auto=webp&s=b7c082e244470ab79fd041d78fc7e4424a2261bb)
+
+# My Personal Strategy for this pattern:
+
+* Scale into positions
+   * This is very important. Normally I split my entire account into about 3 sections. 
+      * This is when I buy into a options for SPY. Typically I scale into a 1 week expiring call where my break even is roughly about 1.25% up from current levels.
+      * Next level is when I hit the 50Ema I buy calls where my break even is roughly 1% up expring 2 days out.
+      * If it keeps falling then I save the last 3rd of my account for longer dated calls when this bottoms and can see clear trend reversal (this hasn't happened yet)
+      * If it doesn't keep falling normally, if I see a bullish pattern breaking out above the 20EMA I'll yolo this into 1 week expiring calls pretty close to the money.
+* Weird Risk Management
+   * IF YOU DO NOT SECTION YOU ACCOUNT THEN YOU WILL LOSE EVERYTHING
+      * say you are wrong on the first support level and you yolo your account you lose everything.
+      * But, with sectioning out your account into 3 different trades. then it will normally 
+* Big **kahunas** **and Patience**
+   * Gotta have big balls
+   * Have to be patient
+
+Honestly, I should be selling a freaking course for $200 on this stuff and stealing peoples moneys. Like honestly this strategy isn't for everyone. But, It is such an easy way to make phenomenal gains these last couple of months.   
+
+
+# Stipulations: 
+
+* The market could just fall more than 10% and this pattern of bullish "dip buying" just gets stoppped. (This is why "Section 3" of my account is there)
+* Patterns don't always follow through
+* Sometimes the patterns are confusing and high stress. For example, this march was a weird time to be trading this. 
+
+Here is the March (Daily) chart on SPY, this was my biggest spy profit so far. Like, made me wanna drop out of college moment.
+
+First we will start with RED: Here is where I yolo'd my section one of my account (1/3 of account). Took 75% of section one and sold it as a signicant amount of profit. Spy then proceeded to turn around and smack the 50 Ema Line. My entry was impectable right on the 50ema and yolo'd "section" one and "section two" of my account into 3DTE options. I gained signifcant profit. However, That highlighted section. That day my account took a -50%, But still overall profit from the first trade from the previous march one. I also entered pooooots at the highlighted section once it failed to break above 20EMA. (super easy trade). THennnnnnnnnnnnnnnnnnn The next highlighted section). Hollllly crap. I entered my 50Ema position (1/3 of my account) then I subsquently lost it all with that long wick to the downside the next day. However When I saw it bounce of that level very aggressively. I split my account into 1/3 into cash, 1/3 into 0DTE calls and then 2DTE calls. This by far is one of my most successful trades. 
+
+[March $SPY](https://preview.redd.it/1hm9bcyejrm71.png?width=332&format=png&auto=webp&s=025e55aa65e84d2602daeb404ed2fa93328032d6)
+
+This long winded toot of my own horn isnt to well toot my horn. It is to show that this stragey needs to be carefully monitored for me and it doesn't need to change that much. Also that scaling into positions, Risk REWARD is very very good for trading options. 
+
+​
+
+# PART TWO: Day Trading SPY (Opening Gap Fill)
+
+This is by far my favorite pattern to trade. This is normally what I look for every day on SPY. Not all the days it holds up. But i'd say about 90% of the time SPY fills the gap it creates from the opening market.  
+
+
+For this I normally trade about 25-50% of my account into 0DTE calls/puts or 1DTE calls/poots. I always sell at when the Gap gets filled. Always sell when I take a 50% 
+
+Here is a bunch of charts from these last two weeks from SPY. The highlighted sections were the gaps created from market close and market open. (All charts are on the 5 minute). The blue line is my positions.
+
+​
+
+[Todays POOT Swing](https://preview.redd.it/4jwq80e2mrm71.png?width=291&format=png&auto=webp&s=62f7423bb007c5030232421dbc1269e68e72d2d0)
+
+​
+
+[Example 2](https://preview.redd.it/ik0x6668mrm71.png?width=352&format=png&auto=webp&s=bef81e070caf501a75f5fa1121938d7abe604176)
+
+​
+
+[Example 3 \(This one happened very very fast. and gave up all gains. However, You can see later in the day it also filled. ](https://preview.redd.it/nruxorjamrm71.png?width=546&format=png&auto=webp&s=2a6dfd30c2f594366460e344277c973c5a264f7d)
+
+​
+
+[This one took much longer and lots of Theta Decay. However ended positive eventually](https://preview.redd.it/achafx1fmrm71.png?width=647&format=png&auto=webp&s=2cb1dff167c6b5bd69b840509bab513ddfa6cbec)
+
+​
+
+[Example 4](https://preview.redd.it/cu79rszomrm71.png?width=627&format=png&auto=webp&s=0e68a7625f3981997e9e0468f25464740f839448)
+
+​
+
+[Example 5](https://preview.redd.it/b9af6xcqmrm71.png?width=627&format=png&auto=webp&s=ed233a05a9b22b3b8c0d226d7ecfe2f70468bf8e)
+
+Typically smaller moves on 0DTE SPY options will net you about 20% gain. However, when the gap is larger .33%-.5% then you can look at doubling your account right there. 
+
+​
+
+# Conclusion: 
+
+Here is everything I pretty much do on SPY. Spy is a perfect stock to trade. It often gets a really bad wrap for "gambling" and being "unpredictable". However, If you look for patterns and have proper risk management then it is really easy to be consistant. Normally. I look for gap fills every morning and these are pretty decent gains over time. However, The big money is in those OTM calls when you hit close to the 50EMA line.
+Every time I talk with her about investing more into vanguard ETF's she gets emotional, gets angry and upset, and says I'll lose all our money.  She has the same mentality as my Dad, who once said "Why would you invest in the stock market, might as well go to the casino and put it all on red".  Even when I show her our track record in the portfolio, she still doesn't really believe it.
+
+I already invest into vanguard ETF's, but our investment amount could be 10x higher with having no negative impacts on our lives.  
+
+Its pretty frustrating, we have around six figures sitting in our savings account and we have no plans to do anything with it.  In 18 months that amount will double because of our savings rate.
+
+Anybody have any tips or tricks to help the missus understand about investing in the stock market?
+In my experience, Active Learning is a cornerstone to successful trading but I have found that most people are embarrassed to "look dumb" by asking questions that may or may not be simple. I fundamentally can not believe 1 investor/trader knows everything and have yet to come across someone who does.Why is that?Because the rules and market correlations constantly change.There is no place for pride in your portfolio when you are learning.Ask questions.Learn more.Earn More.
+
+Happy to answer any questions I can both Technical or Fundamental based :)  
+
+
+Figured this would be useful for those of you looking for tools to add to your toolbox [https://youtu.be/DsUYgIEEZss](https://youtu.be/DsUYgIEEZss)
+My wife and I are both professionals with professional school debt and a mortgage on our home. We have a perfect four month old daughter who is scheduled to start daycare in a couple weeks.
+
+I make right around $100k/year. My wife makes about $65k/year. We both have amazing retirement benefits.
+
+She's madly in love with our daughter and has made it very clear she doesn't want to go back to work. It's very sweet, but I'm worried it is a bad financial decision. I've crunched the numbers and we could do it. It'd be really tight, and we'd have to give our Roth's and other savings considerably less until our school debt is paid, but it could be done.
+
+But to be honest, I don't think I want to take the life style hit. I want to take our family to Disney World, put my girl in private piano lessons, and maybe even save for private college. And I don't think my wife realizes the sacrifices we would have to make to get by on one salary. 
+
+Any advice about this Reddit? How should I be approaching this? How should we make this decision? 
+
+Thanks for any help!
+
+EDIT:
+
+Can I edit a locked post? Thanks all for the help. This is a tough call, I love and respect my wife and my child, and there's a lot to go in to it. To all the trolls saying, "poor baby, you make a lot of money." I get it. I'm very lucky to have these sorts of problems. This is a tough decision and I'm taking it seriously.
+Here’s a thought-provoker and I’m curious of your responses: 
+
+Say you wake up tomorrow with no investment properties but $50k in no-strings-attached cash you can use for investing. Knowing what you know now, what do you do with that $50k? How does that change with $100k?
+My original post is [here!](https://www.reddit.com/r/personalfinance/comments/4k66ag/my_mom_didnt_pay_taxes_the_state_is_going_to_take/).
+
+As a reminder, unbeknownst to me, my mom didn't pay her taxes so the bank sent me a notice that the tax board was about to take money from our joint account, which is really my account that she never ever uses, and her name is only on it because it was opened when I was a minor (although I no longer am a minor).
+
+Good news!  I ended up calling the tax board several times, and they were actually extremely helpful once I got a hold of a real live person.  In the end, they had me fax them my information, a pay stub, and 3 bank statements from the last three months, proving that I was the only one who used the account.  Afterwards,  they removed the order to levy my account.
+
+I have since withdrawn the money from that account and put it into my own account.  Problem solved. 
+
+Thank you for everyone's help and advice on this.  
+
+EDIT: For those who are wondering, my mom will be ok.  I talked to her and convinced her to face her taxes rather than continue to put it off.  She was very very sorry.  She started a payment plan June 1 with the Tax Board.  Whether she follows it and stays with it is up to her. 
+Hello world I hope everyone is doing great, especially YOU! 
+Yesterday I asked you, if you want me to post the new prices on top or the old prices...old prices won with around 600 votes, while the new prices got like 300, BUT I can't just let you guys/girls down so I will post the prices from top/old to down/new AND I will post the current price at the very top. 😊
+I hope that makes everybody happy and we can all start in this most likely very crazy trading day 😁
+
+Current price "115 minutes in: 158.89 US-$"
+
+FAQ:
+
+Where do you get our numbers from?
+-
+I trade through my bank account and just refresh the page to see the current price. I then use my conversion app ( Euro to US-$ ) and post the result.
+I try to post every 5 minutes, but I am at work so I can't guarantee it 😄
+
+Why are your numbers different from the ones I'm seeing online?
+-
+My banking app shows me the best price that I can sell for right now...it compares Frankfurt, Munich, Stuttgart, Berlin, Düsseldorf, Hamburg, Xetra and "Direkthandel" (meaning "direct exchange").
+That's why my movement may differ from your sources online.
+
+I don't trust those germans, look at what they did in the 20th century...can I get another source?
+-
+Sure, you can take a look here...just remember to convert from € to $!
+https://www.ls-tc.de/de/aktie/gamestop-aktie
+
+Can you post the volume too?
+-
+I can't see the volume on my banking app but you can find it online or probably in my comments, since some friendly apes talk about it often.
+But remember how low the volume is in the US pre-Market and we're talking pre US pre-market here so I think that the volume doesen't reeeeally matter this early into the trading day.
+
+Why are you doing this this every day, what's the point of posting these numbers, since the volume is nothing compared to the one in the US?
+-
+I think that it's less about the numbers, it's to show that every minute of every day, there is an ape who's holding GME.
+Look through the comments, there are people from all around the world just wishing each other a good morning, how awesome is that?
+I think that this feeling of camaraderie is critical, it's good to know that I'm not the only one liking this stock.
+I'm holding since november and I will continue to hold for my brothers and sisters. 
+We are not a union, we are all individuals who like the stock, but we're still family!
+
+Starting:                  155.60 US-$
+
+5 minutes in:          156.73 US-$
+
+10 minutes in:        156.73 US-$
+
+15 minutes in:        156.73 US-$
+
+20 minutes in:        156.73 US-$
+
+25 minutes in:        156.73 US-$
+
+30 minutes in:        156.73 US-$
+
+35 minutes in:        156.73 US-$
+
+40 minutes in:        156.73 US-$
+
+45 minutes in:        156.73 US-$
+
+50 minutes in:        156.73 US-$
+
+55 minutes in:        156.73 US-$ 😴
+
+60 minutes in:        156.73 US-$
+
+65 minutes in:        156.73 US-$
+
+70 minutes in:        156.73 US-$
+
+75 minutes in:        156.73 US-$
+
+80 minutes in:        156.73 US-$ 😴😴😴
+
+85 minutes in:        156.73 US-$
+
+90 minutes in:        156.73 US-$ This HAS to be a Record now 😂
+
+95 minutes in:        156.73 US-$
+
+100 minutes in:      156.73 US-$
+
+There is some movement ( you can check the link I posted ) but my best selling price still is 156.73 US-$  😊
+
+105 minutes in:     158.89 US-$ 😍
+
+110 minutes in:     158.89 US-$
+
+115 minutes in:     158.89 US-$
+
+The US pre-market is open, let's get ready for the crazy day ahead of us 🇺🇸
+Have a great weekend! 🤗
+For us in the Northern Hemisphere, summer is coming (or here) and shit's 🔥, yo. Seriously, like things are or will soon be on fire in my neck of the woods 🤷‍♀️
+
+Anyway living without any or proper AC sucks. I happened upon something really helpful yesterday and thought I'd share.
+
+* Box fan: $20 at Home Depot/Walmart/etc.
+* [Large, longlasting ice pack](https://www.amazon.com/dp/B001QFZL1Q/ref=cm_sw_r_cp_apa_i_jfOaDb3Z3EFEQ): $15 (use an HSA [in US] if you have one)
+* Optional: Cold washcloth around your neck
+
+I put the ice pack (in its cloth cover down my back. With the box fan on and the washcloth things were downright bearable. It was roughly 85 degrees F in my house.
+
+Stay cool out there, friends.
+I just wanted to point this out because we like to throw around the "shill" accusations a lot and I happened to notice that my title is a huge aspect playing into this. If you're browsing r/Superstonk by "hot" almost exclusively, you are having an incredibly different experience than browsing by New. 
+
+Probably less than 10% of the posts made - I think I'm being generous by saying as high as 10% even - make it into hot. If there is a new DD that has dropped or some other exciting post the number of posts in New will greatly increase meaning likely only less than 5% of posts during those periods will make it into "hot".
+
+This is to say it can be quite exhausting to sort by New and to see the same comment screenshot posted over and over again, or the same tweet posted over and over again, or a possibly nefarious trend being posted en masse.
+
+I have made posts/comments in the past commenting on trends I see that overwhelm New and have seen others do the same who I suspect are browsing by New like I am. Sometimes these posts will make it to "hot" and people who browse only by "hot" will have next to no clue what we're talking about.
+
+Because they don't know what we're talking about the post then seems suspect to them and you get called a shill. Please understand how much it sucks to be putting a lot of time into trying to sort through New so that good content can be seen in "hot", only to be yelled at and called a shill at the end of the day because you didn't like what you saw happening in New. 
+
+This subreddit has a digestive system and if you're not seeing half the crap people sorting by New are, that means it's working well.
+
+Tl;dr: BUY AND HOLD GME. Not financial advice.
+It started at -£11,000 and we've slowly managed to get her up to only -£7000 but it's stalled there. All of her income is from benefits and  everything she gets is immediately lost to the interest payments on the overdraft, which is now at about £250 a month. I've called CAB and debt charities on her behalf but they've not been able to offer any real advice. Would a debt consolidation loan be suitable?
+
+Edit: Thanks for all the advice guys! I'll check back in the morning and reply if needed.
+Right now, I am at a job where I get paid $25 dollars an hour. I place $420 a week into a stock VOO ETF for future growth. Along with that I place $125 a week into VTI for my Roth IRA. 
+
+I started doing that last year in March. In total, I have $48,000 currently combined in both of those accounts. I have $57,000 in savings. I have $2,400 in another account for an emergency. $20,000 in debt for school loans, but Army will pay back $12,000 as long as I keep it for 3 years.
+
+It feels like this is taking forever and I'm too afraid to place it all into the market so fast. I was thinking about upping my total weekly contribution to $725 to speed things up. Thoughts?
+I had a friend reach out to me tonight who was frustrated with her current dead end minimum wage job. She asked how I got into my field/degree (still working on it). I, instead of encouraging massive debt by going to a 4 year university, suggested community college instead.
+
+
+I began at community college, and in my state since (at the time me being under 21) my parents income was less than a certain amount, I believe 80k, my education was paid fully by the state, no loan needed. Since she is older (we are 7 years past High School) and she has such low income (not married, etc.) community college would be completely paid by the state/government with no debt, only a little bit of her time.
+
+
+
+Directing you to a few good associate degrees to receive at a community college:
+
+
+- para-legal
+
+
+- dental hygienist 
+
+
+- engineering 
+
+
+- sonographer 
+
+
+- nursing
+
+
+- mechanic/machinist
+
+
+- chemistry 
+
+
+- electrician 
+
+
+There are also fantastic non-credit certificates that you can sign up for, these are not paid by the state but are still good investments. I paid $1100 to earn my pharmacy technician certification over 10 weeks. I started working at $12/hr and quit after 4 years making $16/hr. It was worth it for me in the long term as it increased my annual earnings from ~20k waitressing to ~30k as a pharm tech. I had to quit due to my intense school load now that I have graduated community college and am almost finished at my 4 year university.
+
+
+
+
+Another PSA I'd like to mention is that you are NEVER too old. As a once fresh faced 18 year old as a community college it was nice seeing older people in my classes and never once had I ever heard another student talk down to or about an older student. If you are thinking you are too old, you are the only one standing in your own way! Keep your chin up, and be brave. Pride is never worth keeping yourself down for.
+
+
+
+I wish everyone the best! 
+
+
+
+- broke college student with a little insight.
+
+
+❤
+Would love to hear about anyone's experience moving a location independent business to PR for the insane tax benefits, namely 4% flat tax. Especially in advance of an exit. I'll be at 7 figure income this year and the eye popping savings have me frothing at the mouth but I've heard it's not all fun and games
+https://www.bloomberg.com/news/articles/2016-12-20/uber-s-loss-exceeds-800-million-in-third-quarter-on-1-7-billion-in-net-revenue
+
+>Even in the U.S., Uber's home market, the company continues to lose money. After turning a slight profit in the in the first quarter of this year, Uber lost $100 million in the U.S. in the second quarter. The loss increased in the third quarter, the person said. Lyft, Uber's largest U.S. competitor, has promised investors that it will keep its losses below $150 million a quarter.
+These economic terrorists at Citadel and Susquehanna have shown quite clearly that they will stop at nothing short of disrupting our communications platforms in order to prevent themselves from losing money while gambling on the stock market.
+
+Where does this lead next if this terrorism is not curtailed?  Disrupting the power grid?  What if you relied on these comms platforms to be able to make an emergency call for help?  Or to do business on?  Just how vulnerable are we to their whims?
+
+Remember, these funds and institutions are legendary for stopping at nothing, even the laws of the countries they operate in are not respected.  They are willing to go to any length to buy another day to stay in the fight.
+
+There is risk present here that cannot be further ignored.
+
+Look, in 2015 China kicked Citadel out of their country for shady activities revolving around their HFT short selling antics.  Read about that here;
+
+[https://www.scmp.com/business/markets/article/1846104/us-hedge-fund-citadel-banned-share-trading-shanghai-account](https://www.scmp.com/business/markets/article/1846104/us-hedge-fund-citadel-banned-share-trading-shanghai-account)
+
+[http://www.chinadaily.com.cn/business/2015-08/04/content\_21493904.htm](http://www.chinadaily.com.cn/business/2015-08/04/content_21493904.htm)
+
+[https://supchina.com/2020/02/04/was-chinas-97-million-fine-for-u-s-hedge-fund-citadel-politically-motivated/](https://supchina.com/2020/02/04/was-chinas-97-million-fine-for-u-s-hedge-fund-citadel-politically-motivated/)
+
+[https://www.wsj.com/articles/after-a-four-year-freeze-citadel-securities-can-trade-again-in-china-11579526314](https://www.wsj.com/articles/after-a-four-year-freeze-citadel-securities-can-trade-again-in-china-11579526314)
+
+​
+
+"In addition to Citadel Securities and the four domestic investment firms, three local brokerages that facilitated the trades for Citadel Securities were fined an additional 416 million yuan ($60 million) for **margin financing violations and short selling**. The CSRC later cleared the brokerages but issued fines totaling 15.2 million yuan ($2.1 million) on four domestic firms involved in the probe. 
+
+The $97 million settlement for Citadel Securities is “more than 40 times the combined” fee paid by domestic firms implicated in the probe, according to the FT, and four times the [$22 million settlement](https://www.bloomberg.com/news/articles/2019-04-24/goldman-agrees-to-22-million-settlement-with-china-regulator) Goldman Sachs paid for similar 2015 trading infractions."
+
+They were kicked out of fricking CHINA for being too corrupt!  Think about that and let it sink in.
+
+They haven't changed, they've simply grown more bold.  And it's time to put an end to this before it exposes us to even more risk.
+
+The risk is not worth keeping them afloat here any longer.  People's livelihoods are at stake, their retirements, pensions and investments.  Business owners, hard working Americans that need their 3 letter agencies at a time right now, to just do their damn jobs.
+
+Now am I saying that Citadel and Susquehanna are responsible for today's outage timed precisely, exactly with the crash from the runup?    
+
+
+I'm not, because I can't prove this myself.
+
+**But it's not my fucking job to**.  All I can do is ask questions, hold open discussions, raise awareness and buy more and hold.  Today was a good day for me for doing my part, I did all of those things and I can sleep well tonight as a result.
+Starting a Roth and just added my first few tickers:
+
+VZ, SCHD, O, MSFT,  AAPL. PBCT,  STAG.  Spread out fairly evenly. 
+
+I'm retiring in 10 years with a pension.   These will be sitting for 15 years +.
+
+I have a few other retirement accounts, but wanted to do this one on my own.  Will be doing the max 6k/year contributions. I also buy a small amount of crypto each week for the high risk gains.
+
+Thoughts?
+
+Edit:  by max out, I mean to dca weekly,  not a lump sum.
+EDIT:  Realizing now I should have titled this "Why I don't chase dividend yield as income." I'm fine with buying and holding dividend stocks and ETF's if the dividends are reinvested, preferably in a tax-advantaged retirement account.
+
+I posted this in /r/M1Finance where many users appeared to be novice investors who subscribe to a dividend yield chasing strategy in taxable accounts, toward whom my post was geared. I'm sure most users here in /r/investing already know all the things I've listed below, but I thought users here might enjoy some of the research. I've taken out the M1-sub-related introduction and comments.
+
+First, let’s define what we’re referring to here. There’s a strategy in which *dividend growth* \- a company increasing their dividend payment over time - is used as an *indicator* to *identify* strong, stable, successful companies to invest in. There is nothing inherently wrong with this, and could even potentially allow you to beat the market (though historically dividend yield *per se* has actually been shown to be a suboptimal indicator of value, and is not an empirical factor that influences stock performance), as buying high-dividend-yield and dividend growth stocks incidentally gets you exposure to empirical equity factors like Value, Quality and lower volatility in likely-mature, conservative companies. This is actually a big part of how Warren Buffett picks stocks.
+
+There are funds that aggregate these exact types of stocks, and they sometimes ironically have a lower dividend yield than a broad index fund. Vanguard’s VIG is the most popular one. However, recent research has shown this is still probably not the optimal approach. We’ll dive into these funds and that research more specifically later.
+
+What I’m referring to, and what I see more often, is what are sometimes called *dividend chasers* \- those seeking out individual high-dividend-yield stocks or funds for the sake of the dividend itself, which is usually what’s being referred to any time you see any of these words or phrases in relation to an investing strategy:
+
+* “Income”
+* “Passive income”
+* “Income investing”
+* “Dividend investing”
+* “Living off the dividends”
+* “$X per month”
+
+**For the sake of clarity, in this post I'm referring to chasing dividend yield as "dividend investing" or "dividend chasing," and I'm referring to investing in companies that have a history of** ***increasing*** **their dividend over time as "dividend** ***growth*** **investing." It's a subtle but important distinction, and the different terms are sometimes thrown around interchangeably, adding to the confusion.**
+
+​
+
+I get it. Dividend chasing as a strategy is easy to sell, and proponents are good at selling it, either sweeping the data and math under the rug, ignoring it altogether, or simply not knowing it in the first place. I can see the attraction at first glance - predictable cash payments into your account while keeping the same number of shares. Sounds great!
+
+In fairness, I suspect most novice investors also simply don’t know some of the underlying mechanics that can make dividends *per se* drag down your net total return, which is what you should always be focused on. What saddens me is these same novice investors will likely see pro-dividend-chasing blogs and videos and jump in without hesitation, screening for high dividend yield stocks and throwing them in their portfolios.
+
+Here are the reasons why I don’t chase dividends:
+
+​
+
+**1.** **Dividends result in a larger tax burden.**
+
+Arguably the most important point here, but one that I think is often misunderstood and simply repeated platitudinously. If you’re holding dividend-paying assets in a taxable account, you are invariably paying more in taxes than if you were holding non-dividend-paying assets. If you are chasing dividends, you are consciously paying more in taxes than you have to.
+
+Whether you call it a “dividend” or “withdrawal” or “income” doesn’t matter; it is a taxable event. Period. Even if your dividends are reinvested (in which case, what’s the point of chasing them?), they’re still taxed upon distribution. Thus they create a net loss in taxable accounts compared to the same securities if they didn’t pay a dividend.
+
+Imagine selling shares of stock and immediately buying them back at the same price. You have accomplished nothing, but you’ve been taxed as a result. This is precisely how dividends work in a taxable account.
+
+One of the pro-dividend points often raised in regard to taxation is that *qualified* dividends are taxed at a lower rate, which is true. Unfortunately, dividend chasers, in going after high yields, end up holding things like REITs in their taxable accounts, which distribute *non-qualified* dividends that are taxed at marginal income tax rates.
+
+Moreover, even qualified dividends are taxed at capital gains rates, which is what you would pay anyway when you sell shares. Selling shares at the LTCG rate to realize only the withdrawal amount you actually *need*, *when* you need it, allows you to postpone that taxation. Also, if the amount of your withdrawal is lower than the forced periodic withdrawal of your dividends, you’ll pay less in taxes.
+
+This is why I always try to stress that dividend-paying securities, especially high dividend payers like REITs, **should not be held in a taxable account** if you can avoid it. Specifically, put high dividend yield assets in a tax-advantaged retirement account where they can do no harm, turn on automatic reinvestment, and use growth stocks (growth stocks pay no or low dividends) and municipal bonds (tax-free) in your taxable account.
+
+​
+
+**2. Dividends are not “free money.”**
+
+A company’s or fund’s dividend has already been intrinsically factored into its value and subsequently, its share price. That is, it has already been “priced in.” Markets are efficient. You are not gaining anything extra by receiving a dividend. $1 is $1 is $1; there is no free lunch in the market.
+
+For a simplistic, hypothetical example, let’s say you own Company ABC and you transfer $1 from its company bank account to your personal bank account. Your net worth has not increased as a result; you own the company, so you owned that $1 the whole time. You’ve just subtracted it from somewhere - in this case the company’s value - and added it somewhere else - your pocket.
+
+Similarly, your partial ownership of a different company (in the form of shares) may be worth $1 that the company holds. Upon transferring it to you in the form of a dividend, you are no wealthier as a result, as the company’s value has just decreased by the amount of its dividend payment. Specifically, with the dividend, you own more shares at a lower price. Without the dividend, you own fewer shares at a higher price. They are identical. [Here’s a graphical summary of this concept.](https://i1.wp.com/earlyretirementnow.com/wp-content/uploads/2019/02/SWR-Part29-Chart01a-1.png?resize=863%2C575&ssl=1)
+
+Essentially, you are being paid with your own money. This concept is similar to how some people get excited about receiving a tax refund each year. It was your money all along.
+
+​
+
+**3. Dividends limit total returns.**
+
+Because of the nature of #2 above, you are effectively withdrawing money from your account each time a dividend is distributed. If they are not reinvested, you have now taken out capital that could have been left in to appreciate more, ultimately actually *lowering* your total returns. That is, those dividends are missing out on the compounding. This is another hugely important distinction in considering whether or not to reinvest dividends.
+
+For a simplistic, theoretical, ad hoc example, if you bought 1 share of Company A at $100 and it increases by 10% to $110, your unrealized return is 10%. Company A does not pay a dividend. Let’s suppose you also have 1 share of Company B, which also has a share price of $100, and that Company B just paid you a $1 dividend that you chose not to reinvest but take as income. Company B also grew by 10%. Company B’s share price is now $99, which has now grown by 10% to $108.90. Adding in your $1 dividend distribution you took equals $109.90, for a total return of 9.9%. Your initial investment capital is the same in both examples, yet your total return on Company B is lower than Company A.
+
+Disregarding taxation, we could even simplify that example and exclude the 10% growth aspect to show that $100 in Company A = $99 in Company B + $1 dividend, meaning the dividend puts you right back where you started. At scale, in the market as a whole, this is all usually happening somewhat invisibly behind the scenes, but [rest assured it is happening](https://www2.bc.edu/thomas-chemmanur/phdfincorp/MF891%20papers/MM%20dividend.pdf). Again, $1 is $1 is $1.
+
+Had you put $10,000 in an S&P 500 index fund in 1985 and let it sit for 34 years through 2018 without adding anything and [reinvested the dividends](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&symbol1=VFINX&allocation1_1=100&total1=100&total2=0&total3=0), you would have ended up with $314,933 for a total return of 3049%, an effective CAGR of 10.68%. [Without reinvesting dividends](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=true&reinvestDividends=false&symbol1=VFINX&allocation1_1=100&total1=100&total2=0&total3=0), you would have ended up with capital appreciation of $118,556 and dividend payments of $37,394 for a total of $155,950 and a total return of 1460%, an effective CAGR of 8.41%. That’s less than half the return!
+
+As another simplistic, somewhat extreme but very telling example, “A Single Share of Coca-Cola Bought for $40 in the 1919 IPO With Dividends Reinvested Is Now Worth $9,800,000 vs $341,545 Without Dividends Reinvested.” [Source here](https://www.joshuakennon.com/reinvesting-dividends-versus-not-reinvesting-dividends-coca-cola/).
+
+**These examples still do not even factor in the tax on the dividends you took as income.** Pre-tax returns of dividend-paying and non-dividend-paying stocks are identical (which is why dividends are harmless in a retirement account if reinvested), but taxation invariably, unequivocally results in a lower total return for the dividend investor in a taxable account.
+
+Compound these issues across many stocks with much more money over many years and you can see the huge problem this creates. We’ll illustrate this specific problem with some more realistic examples later.
+
+​
+
+**4. Dividends are a forced withdrawal.**
+
+Extending #3 above, dividends are simply a withdrawal forced upon you by the very company you’re invested in. If you’re truly investing with a long time horizon, chances are you don’t need the dividend distribution as income monthly, quarterly, or even annually. Even if you did, you could simply withdraw what and when you wanted as discussed above.
+
+Instead, dividend distributions force you to withdraw money at regular intervals regardless of whether or not you want to. This can be particularly problematic if you are purposely trying to keep your taxable income low in a specific year.
+
+​
+
+**5. I don’t want dividends.**
+
+With a company’s earnings, they can choose to pay for things like R&D, future projects for growth, and mergers and acquisitions. If they are in a position in which they can do none of those things, they can return value to shareholders via dividends or stock buybacks. On average, all these things achieve the same net result for shareholders.
+
+If I’m invested in Company A, the dividend is the *last* outcome I want out of the aforementioned options. After all, I’m invested in Company A because I think it will grow! Warren Buffett, arguably the most respected investor in history, [feels the same way](https://www.investopedia.com/ask/answers/021615/why-doesnt-berkshire-hathaway-pay-dividend.asp), which is why Berkshire Hathaway doesn’t pay a dividend.
+
+I would also argue that share repurchases are slightly better than dividends anyway, given that you’re essentially taxed *twice* on dividends since the company \[hopefully\] had to pay corporate income taxes on that cash.
+
+​
+
+**6. Dividends only possess a psychological benefit.**
+
+This is the reason why I think dividend chasing *intuitively* seems attractive at first glance and why many people illusively buy into it as a strategy. It simply feels good to have cash show up in your account regularly and predictably. This part I understand somewhat.
+
+Hersh Shefrin and Meir Statman actually [looked into the phenomenon](https://www.sciencedirect.com/science/article/pii/0304405X84900254) of dividend preference in 1984. They found 2 main reasons why some investors chase dividend yield:  1) those investors recognize they are unable to delay gratification and adopt a “cash flow” approach to pay for regular expenses, and 2) the psychological principle of loss aversion causes investors to prefer the feeling of receiving a dividend over “losing” shares in order to realize capital gains of an equal amount.
+
+I try to stay pragmatic and scientific with my investing and leave emotions out as much as I can. If for some reason the mental accounting fallacy of dividend chasing keeps an investor more disciplined or lets them sleep better at night than selling shares in a buy-and-hold strategy would, then I’d have to support it. I would rather see someone chase dividend stocks than penny stocks.
+
+​
+
+**7. Dividend chasing decreases diversification.**
+
+By solely chasing dividend stocks, you’re missing out on roughly 60% of the US market, thereby posing a concentration risk and resulting in a lack of diversification, especially considering that 60% contains nearly all the small-cap stocks in the market, as small-caps usually don’t pay dividends. This also means you’re missing out on the potential outperformance of that 60%, which is of some significance considering [small-cap value stocks have outperformed their large-cap counterparts over time](https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=1972&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&sameFees=true&asset1=SmallCapValue&allocation1_1=100&asset2=LargeCapValue&allocation2_2=100&total1=100&total2=100&total3=0).
+
+Second, there is no sound evidence that dividend-paying stocks are any better - in terms of total return - than non-dividend-paying stocks. Remember, the dividend itself does not account for a stock’s performance.
+
+Lastly, we know that picking individual stocks is extremely unlikely to outperform a broad market index over a time horizon of 30+ years anyway.
+
+​
+
+**8. Dividends are not guaranteed.**
+
+Dividend investors usually like to claim that their predictable dividend payments will still be there during market turmoil. This is not necessarily true. [Companies can decrease or eliminate their dividend payment at will](https://www.dividend.com/dividend-education/the-biggest-dividend-stock-disasters-of-all-time/).
+
+Even worse, companies will sometimes borrow in order to pay their dividends so as to not spook shareholders by decreasing or eliminating the dividend, in which case you effectively just borrowed with interest to pay yourself your own money.
+
+​
+
+Of course, [Merton Miller and Franco Modigliani figured all this out in 1961](https://www2.bc.edu/thomas-chemmanur/phdfincorp/MF891%20papers/MM%20dividend.pdf), so it’s frustrating to see the [myths of dividend chasing](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2876373) and “income investing” persist. Again, I suppose since it’s an active strategy, it’s easier for people to create blogs and YouTube videos and newsletters around it and make money providing information to people who are new to investing or who may not know any better. It’s also a lot more exciting than saying “Buy VTI and don’t touch it for 30 years.”
+
+​
+
+So now let’s circle back to our first “type” - “dividend growth” investing - and look at some specific funds. Again, note that I am in no way against this strategy of investing in stocks with a history of increasing their dividend over time ("*dividend growth*"). It may allow you to beat the market in the long run.
+
+[VIG](https://investor.vanguard.com/etf/profile/VIG) is probably the most popular of this type, and rightfully so. It “*seeks to track the performance of the NASDAQ US Dividend Achievers Select Index (formerly known as the Dividend Achievers Select Index).*” So it focuses on large-cap blend stocks with a history of dividend growth (*increasing* their dividend payment over time). There’s also an international version, [VIGI](https://investor.vanguard.com/etf/profile/VIGI).
+
+Dividend chasers seem to like [VYM](https://investor.vanguard.com/etf/profile/VYM) due to its yield. It “*seeks to track the performance of the FTSE® High Dividend Yield Index, which measures the investment return of common stocks of companies characterized by high dividend yields.*” So here we’re looking at large-cap value stocks that happen to have a high dividend yield, *not* necessarily an increasing dividend over time. I think because of that fact, because Growth has outperformed Value in recent years, and because tech has performed well in recent years, VIG has crushed VYM recently. Granted, because VIG is looking at dividend *growth* and VYM is looking at the dividend yield *per se*, these funds aren’t really the same thing.
+
+Take these very limited backtests with a large grain of salt. They are only meant to show the relative differences among the ETF's, most of which haven't been around very long.
+
+Even with dividends reinvested, [VIG would have given you an extra CAGR of 1.33% compared to VYM since VYM’s inception in late 2006](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=true&reinvestDividends=true&benchmark=VFINX&sameFees=true&symbol1=VIG&allocation1_1=100&symbol2=VYM&allocation2_2=100&total1=100&total2=100&total3=0). VYM also lagged the S&P, while VIG beat it and had a higher Sharpe ratio, better max drawdown and Worst Year figures, and less volatility. Interestingly too, VIG fared much better than both VYM and the S&P through the 2008 crisis and the recent Q4 2018 correction.
+
+Despite offering these funds, [Vanguard itself investigated the strategies](https://personal.vanguard.com/pdf/ISGADOS.pdf) contained in VYM and VIG and concluded, as I pointed out earlier, that the stocks’ performance was fully explained by exposure to equity factors like Value, Quality, and lower volatility. Specifically, the returns of high-dividend-yield equities are explained by the factors of Value and low volatility, and the returns of dividend growth equities are explained by Quality and low volatility. This is not a bad thing, just something to note - that the dividend payment itself is not responsible for the \[out\]performance of VIG compared to the S&P 500. Again, VIG may allow you to beat the market in the long run.
+
+[SCHD](https://www.schwabfunds.com/public/csim/home/products/exchange_traded_funds/summary.html?symbol=SCHD) is another popular fund like VYM. [Both have lagged the S&P](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&benchmark=VFINX&sameFees=true&symbol1=VYM&allocation1_1=100&symbol2=SCHD&allocation2_2=100&total1=100&total2=100&total3=0) since SCHD’s inception in 2011. This makes some sense when we look at the valuation metrics of these types of funds. Since the 2008 crisis, many investors have flocked to low-volatility funds to the point where the strategy has been “cursed by popularity.” The [valuation metrics](https://mebfaber.com/wp-content/uploads/2016/03/Clipboard01.jpg) ([source](https://mebfaber.com/2016/03/10/what-you-dont-want-to-hear-about-dividend-stocks/)) for these are now higher than their “normal” Value ETF counterparts and the S&P 500 index, indicating lower expected future returns for these low-volatility funds.
+
+[DGRO](https://www.ishares.com/us/products/264623/ishares-core-dividend-growth-etf) from iShares should perform similarly to VIG, with slightly more volatility since it’s more inclusive with its 5-year-growth requirement instead of VIG’s 10-year. As a result, DGRO should have more exposure to comparatively smaller companies than those in VIG. Maybe slightly more reward for slightly more risk. It will be interesting to see going forward. [Here’s a comparison of those](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&benchmark=VFINX&sameFees=true&symbol1=DGRO&allocation1_1=100&symbol2=VIG&allocation2_2=100&total1=100&total2=100&total3=0). Nearly identical, with a tiny bit more volatility, though interestingly VIG had a worse max drawdown during the Q4 2018 correction. Unfortunately DGRO has only been around since 2014.
+
+[NOBL](https://www.proshares.com/funds/nobl.html) from ProShares claims to be the “*only ETF focusing exclusively on the S&P 500 Dividend Aristocrats—high-quality companies that have not just paid dividends but grown them for at least 25 consecutive years, with most doing so for 40 years or more.*” Its ER of 0.35% is much higher than VIG’s 0.06%. Like DGRO, NOBL may slightly outperform VIG over the long run, albeit with more volatility. [Here's a comparison](https://i.imgur.com/C1uH2rW.png), from MarketWatch, of the index NOBL seeks to track vs. the S&P 500 over the last 10 years. The Aristocrats index is the blue and S&P 500 is the black. The Aristocrats have pulled away from the S&P in that time. [Here’s a backtest](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&benchmark=VFINX&sameFees=true&symbol1=NOBL&allocation1_1=100&symbol2=VIG&allocation2_2=100&total1=100&total2=100&total3=0) comparing NOBL and VIG since NOBL’s inception in late 2013, using the S&P 500 as a benchmark. The S&P has actually slightly outperformed NOBL since then.
+
+I did run some of the other popular players in this space - SDY, SPLV, SPHD, DVY, etc. - but they were all very similar and I think VIG beat them on all performance metrics and has the highest AUM by far, so I’m sort of holding VIG as the gold standard in that category of dividend-oriented ETF’s. Though note that these others should have lower valuation metrics than VIG precisely *because* people are flocking to VIG.
+
+For me, a dividend growth tilt retirement pie might look [something like this](https://m1.finance/dm-58cMrL) (M1 pie link) - 90/10 equities/bonds, 10% int’l stock exposure, and 10% REITs - 8% US and 2% int’l.
+
+But since we now know that dividend investing is essentially just a Value tilt and since the high-dividend low-volatility strategy is being “cursed by popularity,” [you may be better off just investing in large-cap Value](https://mebfaber.com/2016/05/02/much-dividends-costing/). Moreover, we know that dividends *per se* are not responsible for a stock’s performance, and that they are a suboptimal proxy for accessing known equity factors like Value and Profitability. The Dividend Aristocrats (NOBL), for example, have outperformed the market historically not because of their dividend payments, but because of their possessing excess exposure to these factors that tend to pay a premium.
+
+Thankfully – and somewhat ironically – dividend growth investing (NOBL, VIG, DGRO, etc.) sort of “accidentally” gets you some exposure to those factors, but I would argue buying dividend stocks is still a suboptimal way to access those factor premia. This somewhat “accidental,” partial exposure to the factors comes at the cost of less diversification.
+
+The problem with focusing on dividend stocks is that not all dividend stocks have exposure to the equity factors, and not all stocks with exposure to the factors pay dividends. Until recently, dividend growth investing was perhaps the best way to access that exposure (at least for Value and Quality), but now we’re seeing products that directly target those factors.
+
+After spending much time researching the subject, Meb Faber succinctly summarizes these points as follows [here](https://mebfaber.com/2017/01/09/high-dividend-stocks-worst/):
+
+1. Dividend yield investing is rooted in value investing.
+2. Historically, focusing on dividend yields rather than value, has been a suboptimal way to express value.
+3. If you have to focus on dividends, you MUST include a valuation screen or process to avoid high yielding but expensive, junky stocks.
+4. The hunt for yield has caused dividend stocks to reach valuations levels never seen before relative to the overall market.
+5. Since dividend stocks are currently expensive, we prefer a shareholder yield approach combined with a value composite screen.
+6. Once you have a preferred value methodology, AVOIDING dividend stocks in the strategy could result in additional post tax alpha of approximately 0.3% to 4.5% for taxable investors.
+
+He shows in [this table](https://mebfaber.com/wp-content/uploads/2017/01/2.jpg) ([source](https://mebfaber.com/2017/01/09/high-dividend-stocks-worst/)) that investing in Value and ***avoiding*** high dividend payers (far right column) came out ahead in all taxable environments. EW stands for “equal weight.”
+
+If anyone knows of any large-cap value ETF’s or mutual funds that consciously *avoid* high dividend payers, let me know.
+
+​
+
+**TL;DR:**  If you’re set on dividend-orientation, I would say feel free to utilize dividend growth/appreciation stocks and ETF’s like these as a tilt, but please stop chasing dividends **for the sake of the dividend itself**, *especially* in a taxable account.
+
+Specifically, hold high-dividend-payers like REITs in tax-advantaged retirement accounts and reinvest the dividends. Hold low- or non-dividend payers in taxable accounts, reinvest the dividends, and sell shares as needed for income.
+
+​
+
+Here’s some additional reading material on the subject if you’re interested:
+
+1. [Swedroe: Dividend Growth Demystified](https://www.etf.com/sections/index-investor-corner/swedroe-dividend-growth-demystified?nopaging=1)
+2. [Buffett: You Want a Dividend? Go Make Your Own](https://www.fool.com/investing/general/2013/03/04/buffett-you-want-a-dividend-go-make-your-own.aspx)
+3. [The Yield Illusion: How Can a High-Dividend Portfolio Exacerbate Sequence Risk?](https://earlyretirementnow.com/2019/02/13/yield-illusion-swr-series-part-29/)
+4. [Swedroe: Vanguard Debunks Dividend Myth](https://www.etf.com/sections/index-investor-corner/swedroe-vanguard-debunks-dividend-myth?nopaging=1)
+5. [Investing Lesson 11: The Road to Riches Isn't Paved with Dividends](https://copperleaffinancial.com/lesson-11-the-road-to-riches.html)
+6. [Dividend Investing: A Value Tilt in Disguise?](https://www.onefpa.org/journal/Pages/Dividend%20Investing%20A%20Value%20Tilt%20in%20Disguise.aspx)
+7. [The Mystery Behind Dividend Yield Investing](https://www.forbes.com/sites/greggfisher/2012/09/13/the-mystery-behind-dividend-yield-investing/#4ee1ed3749f7)
+8. [Using Factor Analysis to Explain the Performance of Dividend Strategies](https://www.indexologyblog.com/2017/01/27/using-factor-analysis-to-explain-the-performance-of-dividend-strategies/)
+9. [Swedroe: Why Chasing Yield Fails](https://www.etf.com/sections/index-investor-corner/swedroe-why-chasing-yield-fails)
+10. [Why Chasing Dividends is a Mistake](https://www.cbsnews.com/news/why-chasing-dividends-is-a-mistake/)
+11. [Swedroe: Mutual Funds Lace Portfolios With Dividend ‘Juice’](https://www.etf.com/sections/index-investor-corner/swedroe-mutual-funds-lace-portfolios-dividend-juice)
+12. [Don’t buy into the dividend ‘fallacy,’ new academic paper warns](https://www.cnbc.com/2016/12/08/dont-buy-in-to-the-dividend-fallacy-new-academic-paper-warns.html)
+13. [Swedroe: Irrelevance Of Dividends](https://www.etf.com/sections/index-investor-corner/swedroe-irrelevance-dividends?nopaging=1)
+14. [The Dividend Disconnect](https://poseidon01.ssrn.com/delivery.php?ID=093116088071088119077087070089099089033069066016061000078026120065003109123097030000063039024035109012028123104018008001075016012000008073033125003109114095017079087026078022127027104110001079100115001017019120075019113119077102112084089000110074081006&EXT=pdf)
+15. [The Dividend Puzzle](https://books.google.com/books?id=o20jglECxf8C&pg=PA74&sig=tcAbLtZbMpgYzUpC90n6Joj1m-w#v=onepage&q&f=false)
+16. [Dividend Stocks are the Worst](https://mebfaber.com/2017/01/09/high-dividend-stocks-worst/)
+17. [How Much Are Those Dividends Costing You?](https://mebfaber.com/2016/05/02/much-dividends-costing/)
+18. [What You Don’t Want to Hear About Dividend Stocks](https://mebfaber.com/2016/03/10/what-you-dont-want-to-hear-about-dividend-stocks/)
+19. [Slaughtering the High-Dividend Sacred Cow](https://www.advisorperspectives.com/articles/2017/11/06/slaughtering-the-high-dividend-sacred-cow)
+
+​
+
+EDIT:  Thanks for the gold, kind stranger!
+For the last 2 to 3 financial years I've made almost double the money my partner makes (last year about 108k vs 56k before tax). This is balanced by the fact that my partner owns an investment property without a mortgage, and uses all the earnings from this property to pay for our house's mortgage (plus some contributions from each of us). He also fully supported me during several months before I got a job here in Australia (moved here 6 years ago).
+
+Now that I am pregnant our income will be dashed for some time during mat leave. We have some savings that will help us manage and we live a relatively frugal lifestyle. For example: we only have one car and use public transport to commute, and a sillier one is that we bought a dining table for the first time this year after years of eating on the couch.
+
+I am also getting most baby related things as gifts or buying second hand for environmental reasons, but it makes the having a baby process a bit cheaper. Our biggest expense is the relatively recent mortgage of the house we live in, but we have about year's buffer for that (hoping not to use it all, only reserved for worst case scenario).
+
+I haven't decided how much leave I will take but I want to enjoy the baby as much as I can while still being able to afford it. My manager is about to make me a permanent employee so I will have decent job security in the years to come.
+
+We are planning to rent one of the rooms on airbnb, but that will be very difficult during the first few months of the baby. My partner is considering working extra hours while I'm on mat leave to compensate a little.
+
+I grew up really poor in my country of origin and it gives me a lot of anxiety having to "go back to poverty", even though this anxiety is a bit unrealistic. I do not value luxuries, but I value the freedom of having the money to buy things I need and never going without a food item or essential. People who grew up with less will understand this. 
+
+Any suggestions for before and after giving birth to make the financial blow a bit softer?  Any wfh easy to do thing that will generate a bit of income while on mat leave, or skills I could learn?
+Hi everyone, 
+
+I'm new to ETF investing. I'm interested in starting a 3 fund portfolio but there's something bothering me. Once I have invested my money in an ETF (index fund or thematic etf), do I have to follow the fund performance closely ? Or can I just keep investing in it blindly ? I mean, does passive investing really mean completely passive ?
+
+Thanks for your guidance :)
+I have $200 a month I want to invest in some higher risk stocks/ETFs. I'm mainly looking for a shorter term investment (2-5 years?) and I'm okay with potentially not making money on this. I'm already investing in much longer term securities in a Roth IRA. I'm currently thinking of just doing 50% ARKK and 50% ARKG. I might throw another $100 a month at QQQJ. I figured with this amount of money it would be best to just invest in a couple ETFs rather than try to diversify like crazy.
+
+Anyone have any thoughts? Thanks!
+Hello,
+I’m new to ETF and stocks in general. I’m 17 so I don’t have a lot of money to invest, maybe $50-$100 per month. I’m looking into investing in ETF’s but I’m just not sure where to start.
+I currently use E-trade but will be opening a Roth IRA with fidelity when I turn 18. 
+Any advise or tips would be greatly appreciated.
+Binance released its Proof of Reserves (PoR) System ​which is the next step in their effort to provide transparency on user funds in their eyes.
+
+Kraken's CEO Jesse Powell takes aim at Binance's recently launched proof-of-reserves by calling it to be pointless. 
+
+[Kraken CEO tweet](https://preview.redd.it/gyhp1zaig62a1.jpg?width=611&format=pjpg&auto=webp&s=9883971ea6864bcba9d2c523a63538f50690e0a9)
+
+He also added that Binance is misleading consumers:
+
+https://preview.redd.it/1ccq35itg62a1.jpg?width=611&format=pjpg&auto=webp&s=9b403bae591dba780172f332dea9a19251c6c464
+
+Jesse Powell is right in my opinion. These "proof of reserves" means nothing. It's just eyewash transparency. They are showing you one piece of the equation which are assets but it's meaningless unless you see liabilities, in this case to know if they have positive or negative equity.  
+Large amount of assets really don't mean anything without the context.
+The other day i was scrolling through the Top posts and for real though i have seen some totally random posts with 12 thousand upvotes that simply share a silly self story thats mildly humorous.
+
+On the other hand ive seen other excellent DD and Research posts that are full of comments but stay in an upvote range of double or triple digits.
+
+It really makes no sense to me. Dont get me wrong i lo e a good laugh and i will upvote if something made me laugh but sometimes im really confused.
+
+Are bots involved or how does this happen. The upvote difference between 50 and 12 thousand is pretty large and considering we have millions of members its pretty bizzare to me.
+Just saw a post linking to a bloomberg article about the 200 day moving average. In the thread there was an onslaught of nonsense and poor information about charting and technical analysis. One of the things that keeps me from posting more frequently is the level of discourse in some of these thread: it's awful.
+
+[Here's a study from the Kansas City Fed](https://research.stlouisfed.org/wp/more/1996-006)
+
+Technical analysis is not intended to be predictive of future price moves. It's a method of risk management that, primarily, allows you to identify asymmetric bets. Their usefulness has much less to do with "self fulfilling prophecies" and other mumbo jumbo. 
+
+Edit: The sub is nothing if not consistent. Level of discourse is disappointing, this sub used to have productive conversations. On the plus side, the visceral reaction from people toward TA is heartening -- means lots of people are ignoring a useful risk management tool. I think the commentary below tells you a lot more about the person making the comment, and their biases, than it does about TA and its usefulness. 
+
+[A resource for those actually interested in educating themselves about the subject matter](https://www.amazon.com/Heretics-Finance-Conversations-Practitioners-Technical/dp/1576603164/ref=sr_1_1?ie=UTF8&qid=1523821637&sr=8-1&keywords=the+heretics+of+finance). You may have heard of Andrew Lo, he's one of the foremost scholars of behavioral finance as well as doing some of the most profound work disproving the Efficient Markets Hypothesis. He also spent a lot of time researching technical analysis. 
+Reddit, I am disappointed in you as of late. Being "anti-corporate" has to be one of the single most brain-dead and poorly thought out stances once can profess. You speak of corporations as though they were a race of demon overlords opressing humanity out of sadistic glee. 
+
+You, for reasons I cannot fathom, fail to remember that corporations are just groups of people working together. I work for a corporation. I am sure many of you and your loved ones do. We go and work together everyday for mutual benefit. We do work together that none of us could do on our own and we reap rewards and compensation that we would be unable to attain without the group. When a corporation protects its interests it is the people within that corporation protecting the interests of every man, woman, and child who depends on the continued survival of the group. 
+
+The fact is, Reddit, you are engaging in the age old tribalist in-group/out-group demonization of social groups that you so vehemently profess to disdain. This sort of thinking always leads to irrational and shortsighted violence. 
+
+Reddit, I think it is time that you sat back and did some serious thinking about your "anti-corporate" views. Are they well thought out? Are they internally consistent? Do they make sense? I am sure that there are some of you who are radicals of one stripe of another who do genuinely believe that people shouldn't be allowed to self assemble into groups to work together for mutual benefit. However, those people are most likely an extreme minority. No, most of you I assume are simply "along for the ride" using the language of such extremists simply because it is en vouge and sounds vaguely sensible when not given much thought. It is to these people that I ask you give some serious thought to what being anti-corporate really means. It means anti-technology. It means anti-scientific-progress. It means anti-modernity. It means anti-food-abundance. 
+
+You play video games Reddit. You love good movies, interesting books, wonderful documentaries, and can't get enough gadgets. You love the internet and the amazing diversity of devices and ways we access it by. You love your little apartment or home and the warmth and security it brings to the loved ones within it. You love life. Please give some thought to whether those values are consistent with being vehemently against the very natural human tendency to organize together to make those things possible. I doubt a life of subsistence living in an agrarian society that hearkens back to the bronze age is something you truly desire.
+
+That's about it Reddit. I wont be reading responses to this. I am sure the reaction will be overwhelmingly negative. But, if even just a couple of you give this some thought and realize that you aren't, in fact, anti-corporate but rather against criminal individuals then the world will be a little bit better of a place.
+
+EDIT : I'd originally intended not to read any responses to this post. This was for a simple reason, I know how terrible you all can be to people. I've been lurking on Reddit for years. I read the comments here every day. I had no interest in reading the sorts of terrible things I'm sure would be written about me. That said my wife did read some comments I've decided to respond to a few things she told be she read.
+
+I am no PR person. I make an average wage by American standards doing technical support for Linux clusters and the clustered file systems. I work a slightly above entry level position but I love what I do and am advancing quickly. I wrote here expressing personal beliefs compelled by nothing other than profound disagreement with the comments I've been reading here as of late. To insult me or make wild accusations about my purpose for posting are absurd. I am a member of this community and wrote after being moved by the wrongheadedness I was reading on Reddit.
+
+My interest in business and politics is self motivated and my education on the topic is self driven. I've never been to a university level class on the topic. How you take that will say more about yourself than it will about me.
+
+On the topic of unions I am completely in favor of any non-compulsory, non-violent, and fully consensual grouping of people for a common cause. If people wish to start a company who's business is to advocate for the rights of people who work for other companies that is fine with me. There should be no laws that respect, establish, or do harm to unions. Like any other association of people so long as it is non-violent I am in favor of it.
+
+On the topic of the fiasco in the gulf any claim that a libertarian state would have turned a blind eye towards it is absurd. I am not a libertarian myself though I share more in common with them than not and fully understand their political views (something few of you can say with honesty.) In a libertarian state one of the worst offenses you can commit is to destroy someone's property or deny them, by violence, their method of livelihood. In the gulf beaches and land were destroyed. Vast swaths of ocean where people made a living fishing were destroyed as were the property they used to fish: boats, nets, traps, fertile fishing beds, all destroyed. That is criminal in the highest sense. In a libertarian state BP would have already been ripped to shreds by the justice system and the people effected would have already been directly compensated. In a libertarian state there'd be a separation of politics and money and, as such, BP would have no political clout as in a libertarian state (unlike our own) there's be no political power to be bought or sold. Those responsible would already be locked up or sentenced to slave labor to help clean up the gulf. Money would already have been awarded to individuals and private relief agencies. 
+
+Finally, thanks for reading what I wrote. I am little agreed with wherever I go. I cannot get in a reasoned discussion, weather on the internet or in real life, without being ganged up on, insulted, and shouted down. My views are not popular today. There are personalities and groups operating today who appear, on the surface, to advocate similar beliefs but they use it as pretense to advocate unsavory and reprehensible ideas that I am utterly opposed to including discrimination against various groups and advocacy for theocratic ideas and tendencies. This has caused irreparable harm to my already minority beliefs in the eyes of others and I find myself confronted with accusations that are so mischaracterize my positions as to venture in to the insane. Do not think for a second that I align myself with any movement or party of any influence operating in the United States today. No one in the public eye speaks for me or the few others who think as I do. Our heroes are dead and our time as a viable political philosophy in this country is long passed. 
+
+
+I was wondering what hard skills would be most useful coming out of college with an undergraduate degree. I have a fairly basic level of statistics familiarity(a couple graduate level courses), and very very basic computer programming. I don't mind statistics, but I'd learn better seeing its applicability to my career since much of college math courses seem kinda out and about, working in this hypothetical box that you know has practical application but can be difficult to see at first. 
+
+I've tried programming a couple times, but it is quite exhausting to me. Is there some other hard skills which are useful?(sales included)
+Hello Everyone!
+
+I’m on my last year and we are now required to do a thesis. My interest is about Environmental Economics like Climate Change or Carbon Emission.
+
+Regarding my paper, our Adviser informed us that we should offer something ‘new’ on the paper.
+
+So since, there are alot of thesis or studies about Carbon Emmisions and the Factors that affects it like (Population, GDP per capita, Trade, FDI). I wonder if I could use other variables like Unemployment Rate, Life Expectancy Rate and Poverty Rate in relations to Carbon Emission. What I’m thinking is it will revolves around Theory of Negative Externalities.
+
+
+I don’t know if this is possible and the thesis is stressing me out. :(
+(Alternative account for privacy reasons)
+
+With the great  [u/ParergaII](https://www.reddit.com/user/ParergaII/), we have worked on this fun little project, that aims at visualizing the structure of economic literature. We do that establishing the papers' chains of references and placing each paper on a 2D graph. We have then asked the computer to cluster the papers accordingly.
+
+It's pretty cool to look at! See for yourself:
+
+[https://homepage.univie.ac.at/noichlm94/full/econ/econ2.html](https://homepage.univie.ac.at/noichlm94/full/econ/econ2.html)
+
+We provide labels to classify groups of papers. These are preliminary and we would like your opinion on them. Would you change some? Did we miss some cluster?
+
+Any feedback is welcome!
+Is there any formal thinking or theory about wage stagnation that factors in the psychological step from five to six figures? 
+
+I often felt like the reason there was a limit on the expansion on wage growth was not just technology and corporate restructuring benefiting executives in the last 30 years. 
+
+If there wasn’t a a base 10 number system, would more employers be willing to go from 99,999 to 100,000 in raw value? 
+
+Is there any research on this or am I just talking or if my rear?
+
+I was suggested to ask this here: https://www.reddit.com/r/Economics/comments/ci6brl/reconomics_discussion_thread_26_july_2019/evn0hcy/
+I work as a manager at a small business. I oversee two privately owned wholesale stores. I have a high school education as well as a trade license in the field of which we sell said wholesale items. I currently make 17.50/hr. I currently start my employees at $12.50/hr.  On December 31, 2018, this worked fine for everyone involved.
+
+But, on January 1st, 2019, the minimum wage in my state just went up 20% from (roughly) $10/hr to (roughly) $12/hr.  As a result, all of my employees who were making $2.50 over m.w. now make 50¢ over m.w. and feel they should get a 20% raise, as they feel they have more responsibilities than someone working a minimum wage position (and I agree). But if the owner was to give them all a 20% bump, I would feel that I too would be entitled a 20% bump as I feel I have a lot more responsibilities on my shoulders, than my employees do, and if I could have 1/3 the responsibilities at 4/5 the pay, I would prefer the demotion (be it at my company or elsewhere. My employees have the same argument). 
+
+Here’s the kicker, low and behold, the owner of my company (and the only person over my head) can’t afford to give everyone a 20% pay bump. If he were to do so, it would require him to raise the price of our products to make up for the increased overhead. Doing so would give our competitors a significant edge over us, and we would likely lose customers, lose money and have to lay off staff. 
+
+However, I can only assume the management and employees at our competition (which is corporate, not private) are likely all feeling the same way.  So, if the corporation we compete against, raises their wages, and thus raises their prices, we would be able to do the same, and everyone in my circle would be happy! But the customers of both our companies wouldn’t be. And since their livelihoods require the products we sell them, they would have to raise the price of their products and services for the end consumer.  Now, the end consumer (some of which are minimum wage workers) have to spend more on the same products and services they were already utilizing. And because this doesn’t seem specific to just my industry, but to every employee, product and service across the board. Moving thru the economy, it continues landlords now spend more on upkeep/repairs on buildings as well as any included utilities, which they now roll into rent, raising the price of rent, for which they’re unconcerned because they have noticed an increase in the income on prospective tenet applications. So all in all, it seems like the raise the minimum wage workers received is now being spent on the margin that was created by the raising of minimum wage.  
+
+I know I’m simplifying but I feel the point remains roughly the same.
+Am I wrong? Or does increasing minimum wage just accelerate inflation?
+
+
+TL;DR It seems that increasing minimum wage just accelerated inflation and effectively undermined the increase in wage. 
+
+Note: I said a raise of 20%, if we instead look at a $2/hr raise, the change in the amount is negligible at this pay rate, and the point remains the same.
+
+
+Hi folks.
+
+I'm 29, with a B.A. in politics and several years of unrelated work experience.  
+Originally I planned to go back to school, do another B.A. and then do a Masters.  
+However, upon talking to several economics lecturers at various universities I was considering, they all recommended to just do a Masters. However, I'm genuinely terrified about doing so, because Masters are extremely expensive, and I feel woefully unprepared.
+
+  
+How essential is the B.A. to a Masters, and how detrimental will not having any relevant experience or education be? Should I listen to the lecturers, and just go for it?
+Hello Everyone!
+
+I’m on my last year and we are now required to do a thesis. My interest is about Environmental Economics like Climate Change or Carbon Emission.
+
+Regarding my paper, our Adviser informed us that we should offer something ‘new’ on the paper.
+
+So since, there are alot of thesis or studies about Carbon Emmisions and the Factors that affects it like (Population, GDP per capita, Trade, FDI). I wonder if I could use other variables like Unemployment Rate, Life Expectancy Rate and Poverty Rate in relations to Carbon Emission. What I’m thinking is it will revolves around Theory of Negative Externalities.
+
+
+I don’t know if this is possible and the thesis is stressing me out. :(
+The last time the stonk almost hit 350, there was a steep drop to ~170. One of the theories behind this was that it was a pump & dump tactic by HF's to shake paperhands.
+
+[This was over the course of ~2 days from Mar. 9-10, not sure if it actually started on the 9th but there was momentum still](https://imgur.com/oGqHPbc)
+
+This slow rally, followed by positive pre-market coverage by Market watch & eToro notifications for the first time is extremely sus. Speaking of Sus, remember that Susquehanna also holds 5m shares despite being a known shorter. Expect fuckery. 
+
+If it rallies past 300 then maybe it is something. But don't get excited because if this is a a pump and dump by Susquehanna to attack morale after a few very dry and downward weeks, they could potentially be trying to break through the 120 support once they dump to try and invoke more paperhands.
+
+I only have one play: BUY and HODL. Especially HODL at 140, HODL at 170, HODL at ANYTHING BELOW ~~1M~~ 10m. Anything else is a possible distraction to make people lose morale.
+
+This is all not fucking financial advice, just EXPECT FUCKERY
+
+
+
+**Edit:** Also remember, a REAL squeeze should be met by MULTIPLE TRADING HALTS DURING THE DAY, as well as high AF borrow interest. Not slow rallies every 10 minutes or so at .9% borrow interest
+
+**Edit 2:** Adding in visual of the pump & dump from March
+
+**Edit 3:** Yea, yea, 10m you damn dirty apes
+
+**Edit 4:** $18m worth of deep ITM calls are back, hmm
+
+**Edit 5:** Since this doesn't seem obvious enough to some crayon munchers: **This post is NOT an invitation to day trade!** How people read BUY and HODL as anything other than that is a mystery to me. There is just as likely a chance that it rockets tomorrow, so dont go expecting 120 either but dont be surprised if it happens. **This is not financial advice**
+ 🐱 Welcome to Cheecoin 😻
+
+Cheecoin was created with one mission in mind. Bring high class Hollywood Visuals + emerging tech to the blockchain while making the world a better place. The Cheecoin team loves animals and Chee himself who is in fact a real cat was saved by charity donations from the very charity Cheecoin has started to support and already donated to. Little baby Chee was so sick he was going to die but after weeks in the animal Intensive care unit he was able to pull through. $8,000 of support allowed our amazing curious stinkerface bossman Chee to keep 8 of his 9 lives and march on with us.
+
+The team is comprised of famous Hollywood vfx legends and rising senior vfx stars. The Matrix, The Matrix II, The Matrix III, Watchmen, Rise of Planet of the Apes, I am Legend, Spiderman, Beowulf, gravity, Interstellar, The Crown, Harry Potter, Gladiator and works with brands such as Nike, Paypal, Subway, Movado, Levis, Nvidia, Synders, Frito-Lay, Coc-a-cola, Pepsi co, Charles Schwab Investing, Lending Tree, Victorias Secret, Uniqlo, The Gap, Banana Republic, Best Buy, Samsung, Google, Facebook and more. Cheecoin is adding artists daily and will announce a new line up with top talent in the coming weeks with personalized bios and amazing work to see.
+
+The NFT marketplace will feature exclusive NFTs ranging from still images and photos, to expansive game worlds and levels or CGI experiences and animations. There is no limit to what Cheecoin will achieve and we plan to push the boundaries of user experience by combining the highest level visuals with the newest and cutting edge technology. We are leaders in innovation and workflows as a group hold collectively over 100 patents. We push the boundaries of what is possible and blend the world of reality and virtual reality until the difference is indistinguishable. NFTs are a natural segue for us and have become a passion of our team as much of the proceeds will go to charity.
+
+💪 The Cheecoin team projects in Development (subject to some changes) 💪
+
+CheeChange Mobile and Desktop Wallet – This MetaMask equivalent will be Chee branded and set for $CHEE and BNB, Bitcoin, ETH, and a few more directly. You can add other tokens on BSC as well!
+
+Cheecoin.com pancake direct buy. – You will soon be able to buy and sell $Chee to BNB directly on our website via Pancakeswap DEX. UI has been voted on and Scifi theme won!
+
+NFT marketplace – The marketplace is being coded and built now! You will be able to buy and sell NFTs with $CHEE directly on our web browser NFT marketplace. All NFTS purchased can be upgraded to holographic displays with unique signatures and in home display functions. We will deliver them to you and make sure it all works.
+
+NFT Gallery onestop shop - Here you will be able to access a 3D CGI art gallery set in a scifi future world. You can browse different pieces and experience them in 3D. This is brought to you by pixel streaming via Unreal Engine and will be up soon. From the stream you will be able to link and buy NFTs from you CheeChange wallet. Users who wish can also purchase VR facewear to experience our gallery in VR and fully immersive themselves in their NFT experience.
+
+Cheecoin Sponsor VR and AR events – Cheecoin will sponsor different musical artists and help built their VR/AR experiences for the most amazing stay at home fully immersive ready player one events and experiences. Cheecoin will take users to the next level and all in the name of charity.
+
+SpaceChee Mobile Game Metaverse – Cheecoin knows user experience is important and because of that we have been developing via Unreal Engine a subway surfer coin collection game on OS and Andorid where users can collect coins in the game and then cash them out for NFTs and other amazing prizes. We have a whole series of other games in the works including a 1st person AAA shooter. The in game currency will be cross game transferable.
+
+Space Chee TV Series – Yes its true. We are developing a fully animated TV series called SpaceChee. Aimed for children it will have real world lessons and values built into a scifi adventure narrative and follow a team of galactic good guys as they hunt down the evil ShibaSrinu destroyer of worlds. No joke. Wait and see. We got the chops. We got the connections. Greenlight and go.
+
+Merch and Products – We got it all. Blankets, Clothing, Hats, Kicks, Wallets, Sunglasses, Plush toys, Figures, Cats to adopt that you get paid for if you hold Chee at X amount.
+
+Adoption Perks – Cheecoin will pay for your adoption and initial vet bills if you adopt through our program and use $CHEE for all transactions
+
+Global Marketing Campaign – As our Mcap grows will will begin to launch a series of animated commercials and social media adverts we have built for Cheecoin. We have spent decades making ads for brands and global corporations. Cheecoin is next and we are giving it all we got. [https://bonfire.nyc/](https://bonfire.nyc/) (not related to the token)
+
+💰 $3500 donated already!
+
+🙏 Charity Partner Little Wanderers NYC
+
+🧑 - Doxed Dev and team (LinkedIn)
+
+💎 – 4500 Chee family members
+
+🎁 3% back to holders
+
+🤝‍ 3% back to charity
+
+💧 3% back to LP
+
+😸 10% of NFTs go to Charity
+
+🔥 25,000,000 supply BURNED:
+
+🔧 10% sell cap until until you have 50k Chee or less (per transaction)
+
+📁 Audit completed by TechRate (On Website)
+
+🔐 [Locked LP](https://dxsale.app/app/pages/dxlockview?id=0&add=0x9813E889C2d3A723cA67906b031Ae41E002eaECA&type=lplock&chain=BSC) 35 years
+
+💰 Purchase it on PancakeSwap V2
+
+⚙️ Set Slippage to 11%
+
+📊 [Chart](https://dex.guru/token/0x93e24685e41ca82fd7a66a69c64f3decac789281-bsc)
+
+🦎 [Coingecko](https://www.coingecko.com/en/coins/cheecoin)
+
+🐦 [Twitter](https://twitter.com/Cheecoin)
+
+🌎 [Telegram](https://t.me/cheecoinchat)
+
+🌎 [Website](https://cheecoin.com/)
+
+🌎 [Discord](https://discord.gg/Wk847NVb)
+
+🌎 [Reddit](https://www.reddit.com/r/Cheecoin/)
+
+📜 Contract - 0x93e24685e41ca82fd7a66a69c64f3decac789281
+
+More info on our Website please go check it out.
+We had four tickets from LAX to Montreal scheduled to fly late April. Of course the border closed to nonessential travel mid-March and all the flights were canceled. The airline gave a travel credit to be used before February 2021 (a year from original booking) AND a change fee of $800. Obviously that was not at all reasonable. Went through a very useless exchange with our travel insurance over several weeks, then finally went directly to the airline. They had an online refund request form, which purported to be overwhelmed and threatened to take 21 days. Got an email denial within 24 hours with no specific explanation.
+
+i decided to call the airline directly to ask them why my refund request did not meet their eligibility requirements, and patiently explained exactly the same reasons I thought it did, exactly as I entered into their online form. 20 minutes later, the representative informed me my refund was approved. I got email confirmation and am now just waiting for the credits to post to my card.
+
+​
+
+TLDR: don’t give up if the airline denies your refund request—call them directly!
+
+​
+
+Edit based on some questions: I didn’t book directly through the airline, but through Expedia (Which was no help to me). Airline still honored the refund.
+
+I canceled the flight myself before it was ultimately canceled. In retrospect I was worried that this would turn out to be a catch that would disqualify us from a refund, but I didn’t mention it at all and they didn’t ask. I just emphasized that the airline stopped operating that route 3 weeks before we were scheduled and didn’t fly it again until 3 months later.
+
+​
+
+We booked on Amex and were going to do a chargeback as a last resort if needed. But, luckily we didn’t have to (we have another huge charge on the same card to contest for my son’s summer day camp that never operated and is refusing to provide a refund).
+I just moved out three months ago, and pay about $476.7 in rent and utilities average $40-$60 monthly. I work a part time job at a work study on campus but earn roughly $600 a month and currently looking for a second part time job as well. What are things to invest in? I live frugally, having a mattress on a carpet floor as I rent a living room space and clothes in plastic bags. I think it would definitely be best to at the very least, invest in some shelves. I’m pretty new at all of this.
+What’s everyone’s stance on taking out a personal for debt consolidation? Like- say I wanted to pay off the remaining balance of my car and other large balances to turn it into one payment a month?
+Hello Great Apes of the world! 👋 Last week was one of sideways action on GME, but apes resisted boredom, bought the dip, and held strong. Prepare your Diamantenhände as the German market leads us into a new week (SR-NSCC-2021-002 and Russell 1000 here we come!), and join apes around the world to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🚀 Buckle Up! 🚀###
+
+
+
+
+
+- 🟥 120 minutes in: **$215.34 / 181,50 €**
+- ⬜ 115 minutes in: $215.55 / 181,68 €
+- ⬜ 110 minutes in: $215.55 / 181,68 €
+- ⬜ 105 minutes in: $215.55 / 181,68 €
+- 🟩 100 minutes in: $215.55 / 181,68 €
+- 🟥 95 minutes in: $215.10 / 181,30 €
+- 🟩 90 minutes in: $215.34 / 181,50 €
+- ⬜ 85 minutes in: $215.07 / 181,27 €
+- ⬜ 80 minutes in: $215.07 / 181,27 €
+- 🟩 75 minutes in: $215.07 / 181,27 €
+- ⬜ 70 minutes in: $215.01 / 181,23 €
+- 🟩 65 minutes in: $215.01 / 181,23 €
+- ⬜ 60 minutes in: $214.95 / 181,18 €
+- ⬜ 55 minutes in: $214.95 / 181,18 €
+- 🟩 50 minutes in: $214.95 / 181,18 €
+- ⬜ 45 minutes in: $214.74 / 181,00 €
+- ⬜ 40 minutes in: $214.74 / 181,00 €
+- ⬜ 35 minutes in: $214.74 / 181,00 €
+- ⬜ 30 minutes in: $214.74 / 181,00 €
+- 🟩 25 minutes in: $214.74 / 181,00 €
+- ⬜ 20 minutes in: $214.72 / 180,98 €
+- 🟥 15 minutes in: $214.72 / 180,98 €
+- 🟩 10 minutes in: $214.77 / 181,02 €
+- 🟩 5 minutes in: $214.74 / 181,00 €
+- 🟩 0 minutes in: $213.88 / 180,27 €
+- 🟥 US close price: $213.82 / 180,22 €   *($213.85 / 180,25 € after-hours)*
+
+
+
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.18643525. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+Many among the Diamantenhände community are concerned about the well-being of the originator of the series, u/DerGurkenraspler. I also am worried, as I have tried to make contact many times and haven't received any response or seen any activity from him in nearly a month. I continue to reach out to DerGurkenraspler, but at this point I have no idea if or when he intends to resume updates. I will continue to serve as guest-host of the series in the meantime, but dearly hope that DerGurkenraspler is well and is able to return to us soon.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+So was doing a little research (watching The Big Short) and thought I would peek at the status of the commercial and residential markets...
+
+[And boy is something ripe....](https://i.redd.it/xqobk4nbcpv81.gif)
+
+Pictures are on the weekly timeframe of 5 ETF's that track different mortgages (Commercial Mortgages and Residential Mortgages and their values). I tried to visualize it from the last 6-7 years. [Here is where I pulled them from](https://etfdb.com/etfdb-category/mortgage-backed-securities/)...
+
+[No big deal....Just over 12 months of decline.](https://preview.redd.it/sumq2szocpv81.png?width=1686&format=png&auto=webp&s=26b5fd62866df095afd7f58a45bb6369974da219)
+
+[Uh oh....Commercial Real Estate has been turning for last 8 months...](https://preview.redd.it/zdivfuzocpv81.png?width=1696&format=png&auto=webp&s=c9178230253a04de0dfb5846544da3f87ecf44eb)
+
+[I dont feel so good...](https://preview.redd.it/2rzzgqe3pqv81.png?width=1672&format=png&auto=webp&s=fc82dbbd17eca0f86fbf097d5170351885db6887)
+
+[I gotta call my mom....](https://preview.redd.it/dj9rxwzocpv81.png?width=1680&format=png&auto=webp&s=fd0b58fa6dbceadf9a57cf9bc06c1ccf7311449f)
+
+[💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩](https://preview.redd.it/y0vh0szocpv81.png?width=1642&format=png&auto=webp&s=7f97f8c58f21ebf87871126657e56779ff6abf87)
+
+This moment is occurring now at the same time globally and in almost every major market…instead of just residential homes like in 2008.
+
+Residential MBS
+
+Commercial MBS
+
+Student Loans (SLABS)
+
+Auto Loans
+
+Basically any debt you can imagine is being reshuffled and hot potatoed with the big boys until they can find some idiot to hold it for them when the nuclear bomb actually implodes.
+
+But how could this happen again?
+
+How could there be such a large upcoming nuclear bomb imploding on the financial system?
+
+​
+
+[Again.](https://i.redd.it/lckrbwfhepv81.gif)
+
+If only there was a way to protect yourself from this disaster...something with massive idiosyncratic risk maybe?
+
+[How? Buy & DRS GME. Get Astronaut helmet. Wait for launch.](https://i.redd.it/css0n1lxdpv81.gif)
+
+I am screaming to everyone I know and it continuously falls on deaf ears...when I happen to get something that somehow breaks through to some, I like to share it just in case someone else is having issues getting through to those around them for what is coming. I did get a few more responses when I sent them the graphs of mortgages and reminded them of the 2008 clusterfuck and how it happened.
+
+Then I send [this direct link](https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=t) to computershare and GameStop to try and make them drink because this might be the last time I can lead these donkeys to this lunar oasis.
+
+Fucking Hell...all it may take is 1 share to insure one's entire net worth. I just hope this might shake some other people awake too.
+
+https://preview.redd.it/to7unrulfpv81.png?width=2850&format=png&auto=webp&s=20f493ee9cd294f76663bc7cfd86899e04045a23
+
+["The Big Short" - Jenga Scene](https://www.youtube.com/watch?v=3hG4X5iTK8M) \- For those that need full context.
+
+​
+
+***Edit:***
+
+If anyone can tell how SWAPS and CDO's are valued on any of these MBS or SLABS we could see if [this scene](https://www.youtube.com/watch?v=DQ5VfKSYvSk) has occured yet?
+
+Obviously no one is wanting morgage bonds anymore, how about CDO's? How are those looking?
+
+Does anyone want anyone's SWAPS yet?
+
+[Are we financially inside of Mulligan Capital currently?](https://preview.redd.it/x5f992mmkpv81.jpg?width=1334&format=pjpg&auto=webp&s=053a91913b752b17f8d39ea74b2ac5d98920a741)
+
+More wrinkles could help see if there is a way to track the price quote history of these weird financial derivatives.
+With demand depressed to that extent, most airlines have far more aircraft than they will need over the next year. Delivery delays mean that many 737 MAX buyers have the right to cancel certain orders.
+
+As a result, Boeing has finally realized that its plan for a slow ramp-up in 737 MAX production this year was still too aggressive in light of demand. Earlier this month, Spirit AeroSystems announced that on June 4, Boeing had directed it to pause work on four 737 MAX shipsets and avoid starting work on 16 others. Spirit said that it expected that Boeing would ultimately tell it to reduce 2020 output by more than the 20 shipsets affected by the June 4 letter.
+Hi everyone. I’m a machine learning researcher currently looking into use cases of deep learning in financial simulations. I thought I would share some thoughts:
+
+Consider the following:
+
+https://imgur.com/a/y5EwdaO
+
+The above post shows two sets of simulations. They are around the AAPL stock (the actual value of the stock is the thick white line) over the same time period. The colorful trajectories in the back are all the simulations (1500 of them). The projections are forecasted from March 1st, 2020
+
+Notice how the one that was guided by the deep network is better able to center the stock and capture its spread. This model helps predict a “wider” interval if the stock is more volatile and a narrower interval if not
+
+I’m not sure how interested people are in this, but I could share some more information if anyone would like!
+There’s a listed townhome that’s really 1/2 of a larger townhome and no HOA. Is there a way to avoid or handle risks like noise, dispute over maintenance, etc without an HOA? It seems like a train-wreck if the two owners don’t get along.
+Good afternoon r/dividends,
+
+I am reaching out to this community to ask for some investment advice.  Advice not for me, but for you the community. 
+
+Specifically on the idea of choosing individual stocks versus ETFs.  This is a debate that splits this community straight down the middle.  And every month we have a post bringing it up. So here is my solution to this issue.
+
+Normally I would entrust myself or another mod to write an article for the wiki about it. But unfortunately I do not want to be biased (I know. Big letdown) since I am firmly against ETFs in my personal portfolio (controversial stance).  
+
+So I figure lets bring the community in on this. Four articles total.
+
+Article 1: The Argument in favor of Individual Stocks
+Article 2: The Argument against Individual Stocks
+Article 3: The Argument in favor of ETFs
+Article 4: The Argument against ETFs
+
+Anyone may submit ideas and paragraphs of text for this post. If we use even a single sentence of your post, you will be credited both on the article itself and with a beautiful flair that will be a custom text and color, issued once, and never again.  
+
+You could write an entire 500 word essay. Or you can write a paragraph. It does not matter. The mod team (aka u/SouthernCriticism and I) will look through the comments on this thread, and we will objectively editorialize the comments into a cohesive written work. 
+
+If you do not feel comfortable posting your submission on this post, you may send it via modmail. Do not direct message individual moderators.
+
+Pros of this approach:
+
+- Once this project is complete, you will never see another post on this subreddit asking which is better (because we will remove them and direct them to your community written articles).
+
+- Custom flair.
+
+- The joy and satisfaction of being a winner on the internet.
+
+The cons of this approach:
+
+- No clue. 
+
+
+
+Note: You are free to contribute information to multiple articles with a single comment. These articles should not be focused on excluding the other.
+
+Copying investopedia does not count. 
+
+PS. This poll is just to satisfy my own curiosity.
+
+[View Poll](https://www.reddit.com/poll/joy8pw)
+Thought this would be an interesting little bit of data for those with Premium Bonds or those considering investing into them.
+
+I started saving seriously into premium bonds back in 2019 in anticipation of a future house purchase, and wanted safe storage for my deposit cash with potential returns better than the dire bank interest rates.
+
+It eventually grew to a pot of £38k this time last year, at which point I ceased investing. So here's the prize money I've won in the one year since, up to today:
+
+Date | Prize
+:--------|:--------:
+September 2021 | £25
+September 2021 | £25
+August 2021 | £25
+July 2021 | £25
+June 2021 | £50
+January 2021 | £25
+December 2020 | £25
+November 2020 | £25
+November 2020 | £25
+September 2020 | £25
+
+**Total: £275**
+
+...Or **0.72%** returns.
+
+Fortunately I have other investments that have performed orders of magnitude better than this, with far less capital investment.
+
+I am still in the process of looking for a new house, so I'm hesitant to do anything reckless with this cash, but the temptation to withdraw most of it and stick it in my S&S ISA is palpable.
+
+But as I said, I wanted this cash to be 100% safe. I was well aware of the non-guaranteed interest rates here, and to be honest it is quite fun checking results every month to see if a prize has been won.
+
+In hindsight, I just shudder at the thought of how much more I could have earned over the past year elsewhere though.
+
+Thanks for reading!
+
+Oh, and of course I try every day to forget how much inflation and house price increases have kicked my arse over the past year!
+ 
+
+[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!*
+Income tax is the biggest expense for many households, such as mine, so I'm curious to hear what people are doing to ensure they minimise their taxes. Only legitimate techniques, please?
+Hi guys, 
+
+Just wondering, how exactly does tether (the cryptocurrency which maintains a 1 to 1 peg with the US dollar) work exactly in terms of its peg?
+
+Specially, how is this peg maintained??
+
+I struggle to understand how this peg can be maintained exactly if fiat currencies cannot even do this.
+
+Take for example Lebanon. For those unfamiliar the Lebanese Lira used to have a peg of 1500 Lebanese lira to 1 US dollar.
+
+This peg was maintained for decades until it could no longer be maintained anymore, the peg was let go and hyperinflation was created as a result until present day.
+
+There are many other countries with similar experiences.
+
+My question is, why would Tether be any different? 
+
+Or is it not and there will be a time in which the 1 to 1 peg between tether and the US dollar will be let go as well and all those holding Tether will have their money rendered valueless after the fact?
+
+Thanks in advance.
+How much would things cost if negative externalities were accounted for? 
+
+It costs me a couple of dollars for a gallon of gas, and a couple of cents for a napkin. 
+
+It makes sense for me to consume these resources perhaps more than I should. 
+
+How much more would they cost if the price included things like the cost done to the environment? 
+
+Of course this is a hard question to answer, but surely there have been attempts? 
+
+Bonus question: positive externalities. 
+Hello,
+
+So I have been spending a lot of time recently reading up on a very interesting Project in 1970s Chile called Project Cybersyn ([https://en.wikipedia.org/wiki/Project\_Cybersyn](https://en.wikipedia.org/wiki/Project_Cybersyn))  which was basically an attempt to create a computer controlled  centrally planned economy. As I understand it, this doesn't neccesairly  solve the Economic Calculation problem proposed by Mises because it  doesn't properly account for opportunity costs due to the lack of a  price mechanism. However, I also have read up on the Lange Model ([https://en.wikipedia.org/wiki/Lange\_model](https://en.wikipedia.org/wiki/Lange_model), [https://www.econ.iastate.edu/ask-an-economist/what-do-economists-think-lange-model-does-it-address-economic-calculation-problem](https://www.econ.iastate.edu/ask-an-economist/what-do-economists-think-lange-model-does-it-address-economic-calculation-problem)) which seeks to implement a price system within central planning to solve this issue.
+
+Anyways,  long story short, I was wondering if combining computer planning to  speed up calculations and predictions of shortages/surpluses would make  the Lange model viable?
+
+I  had a couple doubts, notably this system does have prices and  allocation calculations can be done by the computer, but the actual  allocation is done by people, and people don't always play ball. History  is full of cases of people skimming a bit off the top for themselves. I  would worry that corruption is still an issue at stake, as has been an  issue for centralized planned economies of the past. I also worry about  innovation. it's hard to predict future trends based on the past and  consumers often don't realize the value of a good until it is presented.  This was the case with vegetable peelers in the Soviet Union.
+
+​
+ Remember the mega threads this past few days where we would hit 30K comments. We caused 100M in trading volume and a fuckton of buying pressure enough to rip apart any short’s gaping asshole. The moosefucker selling cannot be compared in the slightest to our buying pressure. We’re down 60% from ATH a couple days ago, but compare that to GME going from $350 to $40. When it hit $50 I averaged down like a mf because this market is rigged and we already knew this. A couple weeks later it paid off nicely.
+
+On behalf of GME diamond hands this doesn’t phase me, and I’m speaking for the million others who’ve been through GME. These newborn “apes” are big fucking pussies and can’t handle massive swings. You don’t belong on WSB so GTFO and stop crying you little fuckwats.
+
+Position: 1747 shares @ $18.xx
+Lets say APPL is currently at $90 a share. I buy June 10th strike price of $100 because I think APPL will be worth $100 by then.
+
+If On June 10th I the stock is at $100.50/share and I purchase 10x100 contracts do I make 10.50 a contract? Since I knew that stock was going to be up to $100 buying it at $90? If not can someone please explain how it works? thank you.
+I'm currently in the process of selling a business and the property it sits on which will net me around $2M post tax. This will be completed within a few weeks.
+
+In the meantime, I've been in contact with multiple financial advisors in different banks to get advice since I'm looking for places to invest at least 1.5-1.8m. My goal is to create a 'relatively' safe and passive income stream for early retirement. A lot of these advisors as well as my accountant were recommending real estate investments for my needs. I don't know much about real estate but they were basically telling me index funds and other safe funds wouldn't produce the income I am looking for.
+
+
+I contacted a few different real estate brokerages in my city, told them what I'm willing to invest and they got back to me with a couple of deals. They were all commercial real estate deals ranging in the $6-8 million range. I was most attracted to an apartment complex that was priced at $7,000,000 and required $1.57m for the downpayment. The complex would generate an annual net income of $480k NOI with a cashflow of $125k after all expenses, management, taxes, vacancy, capEX, Super etc... I have all the documents spanning back to 1998 when the owner bought the property. The building NOI as been increasing consistently, during 2008 it went down by a bit but still managed to be cashflow positive. 
+
+
+The property is projected to be worth 11 million by the time the mortgage would be paid off.
+Another choice. If I put my $1.57 million in an index fund, I would have around $5-6m in 20 years?. A SWR of 4% would give me an annual income on $62,000 which will be taxed. The index fund is definitely a lot safer and no worries about a $5.5m debt, but the real estate investment also seems really safe and generates a much better income.
+
+I'd love to hear you're feedback on this plan.
+I saw a comment saying that you shouldn’t haggle over a few thousand dollars because you could lose a good house. This is true, however in my experience it actually worked out for me a lot. This story is from a couple months ago. 
+
+So basically my broker set my limit at 730k but said if I had to I could go 750k. 
+
+Now one particular Saturday morning, there was a clashing auction for 2 houses I was interested in. I went to the more expensive house and was in the final 2 parties bidding, but it got passed in. I firmly stopped at 742.5k when negotiating with the agent/owner post-auction (passed in). They wanted 750k and I did not budge one bit. The other guy won it for a price I did not know. Also this was a big day for my NBA team in the playoffs and I was actually watching on my phone while waiting for the agent to talk to the owner. Yeah I’m a cooker, focused on NBA on potentially the biggest day of my life thus far (financial acquisition wise). Anyway I left that auction quite disheartened. But I watched the rest of the game in the car and my team won (yay). 
+
+Same day later in the afternoon, I went to another inspection for a house I liked that had been passed in and was open to offers, and suddenly me and another interested party broke out into a mini-auction bidding war. I was in the kitchen and they were in the driveway, and the agent kept coming to us separately, secretely gauging our best offers. I crept up to 707k and firmly stopped there as I personally thought the house was worth no more than 700k tbh. The other party won the house with a higher offer that I didn’t know. 
+
+So I went home pretty sad for narrowly missing 2 houses, and partied with my mates all night. Next morning I woke up slightly hungover and thought to ask the agent what that house went for, the one I didn’t go to the auction for. He said it passed in and asked whether I wanted to come see it again today and put an offer down. 
+
+So I went, and snagged it for 685k under building and pest clause (but it was fine so I’m all good). I absolutely love it. 
+
+Later I found that the house I went to 742.5k for, sold for 745k, and the house I went to 707k for, sold for 710k. So basically in one day I dropped two houses for 2.5k and 3k respectively, but ended up securing a cheaper house that I love. And seeing what happened with interest rates, thank the lord I didn’t go to my limits. 
+
+Wild weekend, a bit of luck and a bit of stingy-ness / hard limit for given house.
+​
+
+So, its been another fortnight of mayhem, chaos and disorder in our perverted little corner of the Reddit Universe.
+
+The [Red Moon](https://7news.com.au/technology/space/super-blood-moon-2021-how-to-see-total-lunar-eclipse-and-best-times-across-australia-c-2926039#:~:text=%E2%80%9CBecause%20of%20the%20reddish%20colour,called%20a%20%E2%80%9Cblood%20moon%E2%80%9D.&text=%E2%80%9CAs%20the%20moon%20perfectly%20centres,sunset%20lighting%20up%20the%20moon.%E2%80%9D) seemed to get you all cray cray in the daily for a bit there......
+
+​
+
+Oh, before we get started a little reminder about [Rule 11](https://www.reddit.com/r/ASX_Bets/comments/nr3ckv/a_reminder_about_rule_11_alternative_bets_and/?utm_source=share&utm_medium=web2x&context=3) and the gambling criteria at the r/ASX_Bets table.
+
+​
+
+Anyhow, we have a shit load to get through, plenty of new business, more than a few accounts that came Due at the End of **May**, so pour out your favorite mixed beer shoey and lets dive in......
+
+​
+
+**HOWEVER**....
+
+*Before we begin, Lets pause an observe a moments silence for our resident taco,* u/tacomaster33, who has left us recently to devote time to less Autistic enterprises.
+
+*Taco is one of the earliest users on the sub, who fought the good fight when trying to convince you all to* ***YOLO*** *your job-keeper into slightly less degenerate stonks, posted up great DD and legit discussions on actual relevant topics.*
+
+​
+
+*I have spoken to the taco at length, he will continue to lurk the dank corridors of Reddit and I'm sure you'll hear from him again.*
+
+​
+
+*Good luck with the other ventures, salute to one of* r/ASX_Bets *OG's.....*
+
+​
+
+​
+
+https://preview.redd.it/87av7cqbnl271.jpg?width=480&format=pjpg&auto=webp&s=e14881dc091119f550912e72edac7004a3b70b97
+
+​
+
+​
+
+**UPDATES:**
+
+​
+
+​
+
+\- u/jockr64 has come through on the [Charity Donations](https://www.reddit.com/r/ASX_Bets/comments/nlwu6e/sya_opening_sp_charity_donation/?utm_source=share&utm_medium=web2x&context=3) based on their **SYA** Opening Price Competition. Well done for following through, **Mods** respect all the Donations that come via our little Sub.
+
+​
+
+\- u/TradeTragic has also come good on their [Donation Pledge](https://www.reddit.com/r/ASX_Bets/comments/nobmwl/vms_didnt_hit_15c_so_donated_10080_or_the/?utm_source=share&utm_medium=web2x&context=3), another fine example of Autism done right....
+
+​
+
+\- u/ElevatorRabbit has come through with some lovely [Loss Porn](https://www.reddit.com/r/ASX_Bets/comments/ni5ajy/all_my_doggies_lined_up_at_the_kennel/?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/itsdankreddit bought a [TESLA.](https://www.reddit.com/r/ASX_Bets/comments/nhm2d9/lke_ban_bet_i_bought_a_tesla/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+\- u/Fun_Understanding_21 has released [Part 2](https://www.reddit.com/r/ASX_Bets/comments/nju9ls/if_you_bought_rasx_bets_dd_stocks_and_sold_them/?utm_source=share&utm_medium=web2x&context=3) of their r/ASX_Bets tracking series, takes a look at the highest/lowest % gains since the initial **DD** was posted on the Sub.
+
+(***I*** *{****C****an/****O****ften}* ***U****sually avoid pointing this out, but it feels like something is maybe missing from the list, something some lonely Autist posted a* ***DD*** *on a long, long time ago that topped out at a* ***2475***% increase if you sold it at the right time...)
+
+​
+
+\-  [u/DA12kL0rD](https://www.reddit.com/user/DA12kL0rD/) has been upping the shit-post game, with a [Lord of The Rings](https://www.imdb.com/title/tt0120737/) inspired [video effort](https://www.reddit.com/r/ASX_Bets/comments/nnjuuh/help_what_stock_should_i_buy/?utm_source=share&utm_medium=web2x&context=3). Not to be outdone, a single frame [Shit post](https://www.reddit.com/r/ASX_Bets/comments/nqaiwd/never_forget_how_far_youve_come/?utm_source=share&utm_medium=web2x&context=3), courtesy of u/vanillaflyweight, is one of the better ones I've seen for a while.
+
+​
+
+\- u/StinkyFatWhale agreed to do some weird things if **LRS** [released and after market announcement](https://www.reddit.com/r/ASX_Bets/comments/nmky10/market_open_thread_for_general_trading_and_plans/gzq4glf?utm_source=share&utm_medium=web2x&context=3). Apparently they didn't, so no Whales were harmed in the following through of all the weird shit that's in the link.....
+
+​
+
+\- **Mods** put up a post with an open invitation for anyone who [Wants their Personal Flair](https://www.reddit.com/r/ASX_Bets/comments/nleiso/personal_flairs/?utm_source=share&utm_medium=web2x&context=3) explained to them, or to hear the story behind a **Flair** they may have seen.
+
+​
+
+​
+
+**NEW BETS:**
+
+​
+
+​
+
+\- u/Crashworx stated they will buy a [TESLA](https://www.reddit.com/r/ASX_Bets/comments/nhm2d9/lke_ban_bet_i_bought_a_tesla/gz0azr1?utm_source=share&utm_medium=web2x&context=3) if **VML** ever goes above **25c**
+
+​
+
+\- u/Dark_Raiden_ has a running [PUR vs VML](https://www.reddit.com/r/ASX_Bets/comments/nm2gyt/premarket_thread_for_general_trading_and_plans/gzmetbq?utm_source=share&utm_medium=web2x&context=3) bet going.
+
+Short story is its a race to the **9c** or **7c** line respectively, with caveats for NI pumps, other bans being enacted, possible Lizard man invasion etc...
+
+Its complex, read the link for details.
+
+Also, u/Dark_Raiden_ I'm going to need a loud, gloat filled '**FIRST**!!' with a tag when whoever ends up winning actually wins...
+
+​
+
+\- u/AngryTennisDad has a drinking bet with an element of class attached, banking on [EXR touching .40 by Friday June 4th](https://www.reddit.com/r/ASX_Bets/comments/nkbwb3/market_open_thread_for_general_trading_and_plans/gzd3aho?utm_source=share&utm_medium=web2x&context=3) or they will down a [White Russian](https://en.wikipedia.org/wiki/White_Russian_(cocktail)) Shoey.
+
+Tick Tock........
+
+​
+
+\- u/maybethough is betting on Helium to rise, backing **RLT** to hit [$3 on or before June 30th](https://www.reddit.com/r/ASX_Bets/comments/njklkl/market_open_thread_for_general_trading_and_plans/gz8wsm6?utm_source=share&utm_medium=web2x&context=3) or it will be a month in the shadowland.
+
+​
+
+\- A new bear bear has emerged from the woods, u/Coloneloscoppy.
+
+User has a running bet with the **Mods**, stating that their [Their BBUS](https://www.reddit.com/r/ASX_Bets/comments/njpq0p/us_market_crash_incoming_i_doubled_my_bbus_holding/gz8q6sm?utm_source=share&utm_medium=web2x&context=3) purchase will be above the buy price of $**1.2575** by the End of **August** or they will accept a years ban.
+
+​
+
+\- Jumping into the reverse bear position is u/AureusStone, with a standing bet that if  u/Coloneloscoppy ever sells their **BBUS** for a profit, they will accept a [Months ban](https://www.reddit.com/r/ASX_Bets/comments/njpq0p/us_market_crash_incoming_i_doubled_my_bbus_holding/gz8pyil?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/StinkyFatWhale is back in the gamblers area, this time with a [TPD + Donation thing](https://www.reddit.com/r/ASX_Bets/comments/nj30l5/premarket_thread_for_general_trading_and_plans/gz7uqnk?utm_source=share&utm_medium=web2x&context=3).
+
+Its detailed, but its also pretty cool so check the link.
+
+​
+
+\- u/dunny29 has popped the betting cherry, with the odd claim that they will [Adopt a Penguin](https://www.reddit.com/r/ASX_Bets/comments/nja7t5/ffx_firefinch_dd_26_week_plan_targeting_a_50_gain/gz7wfbv?utm_source=share&utm_medium=web2x&context=3) if **FFX** touches **69c** by **EOFY**.
+
+Let the record show that Coup's and dodgy governments will not stop the Penguins thriving.
+
+​
+
+\- u/Blisser_the_Sniff stated **IMU** would be [15% lower](https://www.reddit.com/r/ASX_Bets/comments/nkkbsf/premarket_thread_for_general_trading_and_plans/gzdf0tc?utm_source=share&utm_medium=web2x&context=3) than $0.445 by **Monday,** successfully predicting its dip.
+
+​
+
+\- u/helloclaire made a bet [signed in blood](https://www.reddit.com/r/ASX_Bets/comments/njklkl/market_open_thread_for_general_trading_and_plans/gz904j1?utm_source=share&utm_medium=web2x&context=3) stating **VML** would close at least **5%** up after a trading halt.
+
+\- u/fishman101 [got in on the bet](https://www.reddit.com/r/ASX_Bets/comments/njklkl/market_open_thread_for_general_trading_and_plans/gz95as3?utm_source=share&utm_medium=web2x&context=3)
+
+\- u/GlitteringFuntion5 [made it a 3 way](https://www.reddit.com/r/ASX_Bets/comments/njklkl/market_open_thread_for_general_trading_and_plans/gz97yln?utm_source=share&utm_medium=web2x&context=3)
+
+\- u/SirSithsalot [made it an awesome foursome bet](https://www.reddit.com/r/ASX_Bets/comments/njklkl/market_open_thread_for_general_trading_and_plans/gz908qm?utm_source=share&utm_medium=web2x&context=3)
+
+Let the Record show the bet was won, with **VML** closing **9.62%** in the green.
+
+​
+
+\- u/check_meat bet a months ban **TLG** with be $1.8 [by the end of June](https://www.reddit.com/r/ASX_Bets/comments/nlbgyy/premarket_thread_for_general_trading_and_plans/gzhriz1?utm_source=share&utm_medium=web2x&context=3).
+
+​
+
+\- u/Rosencrantz1710 has caught the gambling bug, this time around with a [Complex portfolio wager](https://www.reddit.com/r/ASX_Bets/comments/nq851w/market_open_thread_for_general_trading_and_plans/h0a35le?utm_source=share&utm_medium=web2x&context=3). Its due **June 30th**, or its a week in r/ASX_banned...
+
+​
+
+\- u/WistfulWhiskers has bet **MAN** will be **40c** by the end of June or the will do an [improvised milk keg stand](https://www.reddit.com/r/ASX_Bets/comments/npoqxs/premarket_thread_for_general_trading_and_plans/h06hkie?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+\- u/reecej_nz continues to lure people into their [bet](https://www.reddit.com/r/ASX_Bets/comments/monb6t/dw8_ceo_dean_taylor_interview/gu5759i?utm_source=share&utm_medium=web2x&context=3) with u/Bigfoot2077 [agreeing](https://www.reddit.com/r/ASX_Bets/comments/nqznu5/what_a_ride_lets_hope_its_a_half_pipe/h0dspvx?utm_source=share&utm_medium=web2x&context=3) and u/WowVeryJosh [following suit](https://www.reddit.com/r/ASX_Bets/comments/nqznu5/what_a_ride_lets_hope_its_a_half_pipe/h0enkwv?utm_source=share&utm_medium=web2x&context=3) , u/ssTilley [also agreeing](https://www.reddit.com/r/ASX_Bets/comments/mwp3vc/scam_dreams_ziptards_unite_a_mutated_mission_bans/gvmw063?utm_source=share&utm_medium=web2x&context=3) to be in on the madness....
+
+​
+
+​
+
+**POLLING TIME**
+
+​
+
+​
+
+\- u/heavy798 bet that **POG** will touch **$2000 USD** by **August 30th** or [3 month ban](https://www.reddit.com/r/ASX_Bets/comments/njslv8/premarket_thread_for_general_trading_and_plans/gz93rxj?utm_source=share&utm_medium=web2x&context=3).
+
+However, some drinks were had and some words were said, resulting in an [Alternate option](https://www.reddit.com/r/ASX_Bets/comments/njslv8/premarket_thread_for_general_trading_and_plans/gz95lsk?utm_source=share&utm_medium=web2x&context=3) for the bet.
+
+So we leave it to the good folk of r/ASX_Bets to decide.
+
+Below you will find a poll with 2 options.
+
+​
+
+If they lose the bet, u/heavy798 will:
+
+*- Accept a 3 month ban*
+
+or
+
+*- Mow their lawn in a Golden Speedo. Video Proof required.*
+
+​
+
+Vote below............
+
+​
+
+​
+
+**BANS**
+
+​
+
+​
+
+\- Before we get started, I'd like to take a moment to acknowledge u/FameLuck and their truly grotesque, but very well produced, [shoey effort to extend a bet deadline](https://www.reddit.com/r/ASX_Bets/comments/noozhu/fameluck_shoey_warning_ginger_face_reveal/?utm_source=share&utm_medium=web2x&context=3) on the **BPH** Approval.
+
+That's a lot of effort to avoid a Paddlin and as a result this ginger degenerate has earnt a 3 month extension...
+
+​
+
+**-** All the bans from [Last Time](https://www.reddit.com/r/ASX_Bets/comments/nhlpe2/an_ode_to_the_damned_bans_and_updates/?utm_source=share&utm_medium=web2x&context=3) have been handed out.
+
+[*u/\_PixelRage*](https://www.reddit.com/u/_PixelRage/)*,* [*u/Jcit878*](https://www.reddit.com/u/Jcit878/)*,* u/keivan1375, u/PianistDesigner1423, u/ChalkyAus*,* u/Rookieblud will all be sent to the Shadow World this evening for various lengths, ranging from **1 week to 1 year**......
+
+​
+
+\- u/UhOhNoOnion had a bet that **LOT** will [touch 25c](https://www.reddit.com/r/ASX_Bets/comments/npoqxs/premarket_thread_for_general_trading_and_plans/h069w3f?utm_source=share&utm_medium=web2x&context=3) by **June 4th** or its a **3 Month holiday**.
+
+As with all touching, we can only hope its inappropriate, its a 3 month sojourn for you to r/ASX_banned.
+
+​
+
+\- u/Mundane_Document8765 had a bet for **PUR** to hit 9c today [or a weeks ban](https://www.reddit.com/r/ASX_Bets/comments/nqzv6s/market_open_thread_for_general_trading_and_plans/h0evyiz?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+\-  [u/meragy](https://www.reddit.com/u/meragy/) has been banned for a **month** for failing to come good on results from the [Portfolio Challenge](https://www.reddit.com/r/ASX_Bets/comments/k3rpvm/daily_thread_for_general_trading_and_plans_for/ge50gre?utm_source=share&utm_medium=web2x&context=3), robbing the other competitors the chance at glory via a **DLC** purchase.
+
+​
+
+\- u/Logicorluck bet **Z1P** [would close green](https://www.reddit.com/r/ASX_Bets/comments/nmky10/market_open_thread_for_general_trading_and_plans/gzp9pr2?utm_source=share&utm_medium=web2x&context=3) losing the bet by **3** cents locking in a **weeks** ban
+
+​
+
+\- u/poimnas bet that  [EXR finishes May within 32 - 38c](https://www.reddit.com/r/ASX_Bets/comments/njslv8/premarket_thread_for_general_trading_and_plans/gz9444e?utm_source=share&utm_medium=web2x&context=3) or week ban.
+
+Let the record show that closing price end of May was **0.235**...
+
+Ouch, its a week in Plucky land for you....
+
+​
+
+\- u/_Smoulder_ will take a weeks ban if **RAC** closes above $**3.42** Monday the 31st
+
+Let the record show they got cucked by **1c**, its off the the land of the damned for you.........
+
+​
+
+\- u/here2FuckSpiders2 owes us some [house deposit](https://www.reddit.com/r/ASX_Bets/comments/npgnln/market_open_thread_for_general_trading_and_plans/h05kng7?utm_source=share&utm_medium=web2x&context=3) loss porn..
+
+Tick fuckin tock....
+
+​
+
+\- u/nickmann owes us some **IMU** [proof](https://www.reddit.com/r/ASX_Bets/comments/nhkrnd/imu_to_the_moon/gyww30f?utm_source=share&utm_medium=web2x&context=3).
+
+Take note all, that [deleting your post](https://www.reddit.com/r/ASX_Bets/comments/nhkrnd/imu_to_the_moon/?utm_source=share&utm_medium=web2x&context=3) does **NOT** get you off the hook.
+
+What it does get you is extra time added to the ban if you don't come through...
+
+​
+
+\- u/AdHot6827 promised us some [juicy loss porn](https://www.reddit.com/r/ASX_Bets/comments/mzbigt/market_open_thread_for_general_trading_and_plans/gw0by3g?utm_source=share&utm_medium=web2x&context=3) by the end of **May** in the event they lost their [Bet.](https://www.reddit.com/r/ASX_Bets/comments/mzbigt/market_open_thread_for_general_trading_and_plans/gw0by3g?utm_source=share&utm_medium=web2x&context=3)
+
+Contact has been made, yet we see no loss Porn.
+
+The end result is the terms they suggested in the original post - **3 year ban**
+
+​
+
+​
+
+**TLDR**
+
+​
+
+'' όχι, χρησιμοποιώ το Διαδίκτυο '' - u/catch-10110
+
+​
+
+'' προσπ��θησα πάρα πολύ για αυτό '' - u/Iamgaybear
+
+​
+
+(Fuck knows what it says, I copy/pasted them from the daily......)
+
+​
+
+Later c...........
+
+​
+
+[View Poll](https://www.reddit.com/poll/nry9a9)
+I am 22 and work part time at Home Depot 20-30 hours a week at almost $17/hr. The way it works is they take a % out of each paycheck then buy in semi-annually (June and December) with that saved money at a 15% discount. I think I can sell 2-3 months after purchase.
+
+I can do anywhere from 1-20% and I’ve thought about 5-10%. It seems like a great deal to me but I am unsure if there is any important info I need to know about before doing this or if you all think I should do a higher %.
+He said its because growth stocks dont tend to do well when interest rate rises. Why might this be? Is it because growth stocks rely on debt to finance their growth and operations? He specifically said to turn away from Big Tech and other growth stocks as the fed rises interest rates.
+This is my first time purchasing a car so I’m a bit confused about the process. 
+
+Recently my old car had started giving out and that’s concerning given it’s my only car and I need one. My parents were selling an old car of theirs and are offering to sell it to me for 12,000 dollars. It’s a pretty good car and seems to run well, and it’s not very old either. However I’m not in love with the look of it, it’s kind of a tacky car covered in cheesy bumper stickers (as parents do haha) so I started looking online to see if I could find a car I liked a little better around that price range.
+
+Online I found that the same car they were selling me with the same mileage goes for around 10,000 to 11,000, which is a lot cheaper and I could probably afford better. 
+
+I don’t quite understand interest but I do wonder if it would if the end be cheaper to buy from my parents for 12,000 or from an online used car dealership for 10,000?
+
+Edit:
+
+
+I’m going to add some FAQs I’ve been seeing, I apologize for not giving much detail 
+
+One thing I’d like to state is that my parents DID get the car new before thinking of giving it to me, I thought they got it used but i was wrong
+
+1. What kind of car is it?
+
+A 2014 Subaru Impreza hatchback (I don’t know more than that I’ll have to ask them when they’re not busy) it has bumper stickers all over the back and a dent from when they accidentally bumped a pole
+
+2. You said you didn’t like the car model, why are you looking for the same car at a lower price?
+
+This ones my fault, I should’ve clarified. Ideally no I don’t want that car. In looking for other cars I stumbled across the actual asking price for their car. I was wondering if it was a better deal to get it from them since online cars especially cheaper ones can have underlying issues. Again I’ve never bought a car before I’m not sure what’s reasonable for a vehicle. 
+
+3. Is your parents loan interest free?
+
+Yes.
+
+4. Are you on your parents insurance?
+
+No, I’m 25 and live far from home with my partner
+
+5. Your parents are trying to rip you off!
+
+No, like I’ve stated I’m pretty sure they just googled their car and put down the first price they saw. They didn’t take into account the mileage or cosmetic damage the car had. They’re not very technologically savvy so if they over priced it was an honest mistake. 
+
+6. Can you ask your parents to lower the price?
+
+I don’t know. They might take offense to me asking to lower the price
+
+To add onto this question, a lot of people are suggesting I should’ve shown them the proof the car goes for much less online but here’s the deal. They’re not the type to trust my research because they believe their age and experience tops whatever research I could show them. Me asking for a lower price based on what I found online is like an insult to their wisdom and ability to know things. No matter how much proof I bring their likely won’t budge. 
+
+Update: 
+
+I’ve declined my parents offer, 
+
+While looking at the pros and cons I realized I’m overpaying by a lot and my parents are not willing to negotiate any price with me, I also don’t want to strain my relationship with them by owing them such a large amount of money. 
+
+I’ve read through all the advice on finding an affordable used car here and I’ll definitely take it into account in my search for an affordable car I like a lot better and can actually comfortably pay off with out any emotional strings attached. 
+
+Thanks to everyone who gave advice, if you have more advice on how to find a good used car I’d love to hear more suggestions
+>Monthly Account Inactivity Fees EliminatedDear Client,  
+  
+>  
+>While  many of our clients actively trade or maintain substantial equity in  their account, we have decided to eliminate our monthly inactivity fee  so there are no impediments to maintaining an account with IBKR.  
+>  
+>Effective  July 1, 2021, you will no longer be charged USD 10 for not maintaining a  minimum balance or transaction activity for account \[ \].  This change will be reflected in your August 2021 account statement.  
+  
+>  
+>Our  decision to remove inactivity fees aligns us with industry standards  and reflects our ongoing commitment to provide clients with  [low-cost trading solutions](https://www.interactivebrokers.com/en/index.php?f=1338) .  
+>  
+>Interactive Brokers
+
+Good news for all canadian options traders
+Hi all,
+
+Long time lurker who finally decided to try using theta strategies. Wanted to test myself and see if I could make consistent profits.
+
+Last week I sold CSPs on CLF and COIN, which netted \~$35 and \~500, respectively. The transactions are still processing so it's a bit difficult to see all the details. Both were weekly plays with 4 days to exp. when I sold them.
+
+[CLF CSP](https://preview.redd.it/xg9kzz7emts71.png?width=2652&format=png&auto=webp&s=4af0b22297d06acee4c4a7e6a634a371a5f01abe)
+
+​
+
+[COIN CSP](https://preview.redd.it/2dzw24remts71.png?width=1940&format=png&auto=webp&s=f5eeb520e407fde2b5600d3cd20e7f3df949badf)
+
+I plan to post periodically to keep myself accountable and share updates. I also want to use these posts to get feedback and continue getting better. Have learned a lot from this sub, so big thanks to all of you. Here's to a long and patient road lol.
+
+​
+
+Edit: Thank you all for the support!
+So today S&P500 dropped about 2 point something%, ending about 3% below its ATH. Of course, the market being 3% under its ATH is nothing to write home about, but the fact that it dropped by two percentage points in a single day seemed to raise some concerns.  
+
+So I wondered: how common is it for the market to drop by two percentage points or more in a single day, and does this tell us anything about its likely return after, say, 100 days (this is likely much shorter than the time horizon of many of us here, but longer periods would likely make the effect - if any - of the drop harder to notice)? 
+
+So I downloaded from yahoo finance  the daily S&P500 data for the 1994-2021 period and played around a little with it trying to see if any correlation could be found. 
+
+This graph shows the percentage change from the previous day versus the percentage return after 100 days: 
+
+[One day fluctuations](https://imgur.com/a/FzScbjp)
+
+Not seeing much of a correlation between one-day fluctuations and 100-days returns here. Also worth noting is that the days which saw a drop of 2% or more from the previous day were uncommon but not *that* uncommon (I found 299 of them in 6998 days, that is, about one every 23 days). 
+
+I tried anyway to try to see if I could find a correlation, just for completeness' sake, and the result is what you would expect from that graph: 
+
+[No correlation](https://imgur.com/a/0Lt9SRt) 
+
+If anything, it would seem that the change from the previous day might be slightly *negatively* correlated to the 100-days return - i.e., great days might lead to poorer returns after 100 days - but the correlation coefficient is so low and the standard error so high that the only reasonable conclusion is that one-day changes are of no predictive value for 100-days returns. 
+
+But what about extremes? What if we consider only the "bad" days in which the market dropped by more than 2%? Here is what we get:
+
+[Bad days](https://imgur.com/a/6Pd1kN8) 
+
+Let us compare this with the (235 out of 6998) days in which the market rose by more than 2%: 
+
+[Good days](https://imgur.com/a/q1Cl1eR) 
+
+About the same mean, slightly lower standard deviation but that's too close to say anything meaningful. For completeness's sake, I also looked at the "meh days" in which the market did not change by more than 2% in either direction from the previous day: for those days, the average return after 100 days was by 4% - more or less in line with the others - and the standard deviation was by by 0.09 -- lower than the others, but not enough that I'd be confident making any conclusions out of this. 
+
+In conclusion: the fact that the market dropped by more than 2% today tells us nothing meaningful about what it will do in the next 100 days. Is it possible that the market will crash soon? Sure, that is always possible; but today's drop, in itself, tells us nothing about its chances.
+Restoration Hardware (RH) is a luxury furniture retailer. Think of it like an extremely expensive IKEA store. Since the pandemic lows last year the stock has seen an 850% increase in price, from lows of \~$80 to now trading at $650 and highs of $730.
+
+This is a stock that Warren Buffet owns, and has recently bought more of at a reported price of $596 in their last filing. [https://dataroma.com/m/holdings.php?m=BRK](https://dataroma.com/m/holdings.php?m=BRK). If someone else can include their insights and explain why this stock is a good investment at these current levels, I would greatly appreciate it. However, I just haven't been able to understand why, as I believe there are more downsides to this stock making it extremely overvalued.
+
+So why would Warren Buffet buy more of this stock?
+
+1. Strong competitive MOAT, Buffet likes buying luxury names in which the company can raise the prices and people will still buy the product and service.
+2. Return on Equity is extremely high (110%) albeit fueled by high levels of debt. Operating margins of 20%, Return on Capital Employed is 27.75% in 2020 (a massive increase from 11% in 2019)  and a steadily increasing operating revenue.
+3. With low-interest rates, wealthy people are buying more houses and RH fills their need to furnish their homes.
+
+Negatives:
+
+1. RH is extremely overvalued. With a DCF valuation, the price of the stock should be around $290. While it is currently trading at $650. High valuations including P/FCF of 25.25, EV/EBITDA of 24.25, P/E of 47.18,P/B of 23.09, Debt to equity of 1.89
+2. Here's a kicker, since RH's massive rally (increasing it's share price over 850%), the cost of goods sold has remained FLAT since 2019. In 2019 the cost of goods was 1,520,076 while in 2021 the cost of goods sold was 1,523,095. If the company was growing at such a pace to justify this massive price influx, we should also see consumer spending in their cost of goods sold increase as well. Not only that but there were no new stores opened since 2019.
+3. Many of you probably haven't even heard of RH before, and google trends don't lie. Restoration Hardware has been slowly declining in google search results for the past 2 years. They own multiple websites rh.com , [rhmodern.com](https://rhmodern.com), [rhbabyandchild.com](https://rhbabyandchild.com), [rhteen.com](https://rhteen.com) in which only [rh.com](https://rh.com) is searched while the rest are completely dead.
+4. Shift in upper-class spending: It is also believed that RH saw an increase in sales during the Coronavirus because the upper class had nothing to spend their money on, and wanted to upgrade their living area while they were stuck at home, however, with the vaccine out and more people traveling, we should expect to see wealthier people spend less money on furniture and more into traveling and entertainment.
+5. Lastly, rising interest rates will significantly hurt RH in the future. From their Annual filing, "We have historically relied on the availability of debt financing as one primary source of capital in order to fund our operations, including borrowings under our revolving line of credit. We have all incurred indebtedness to finance other strategic initiatives.." With the expectation of rising interest rates, the future growth of RH will be significantly dampened, and RH should have seen a drop in price similar to how tech stocks dropped due to fear of interest rates rising.  Not only that but if rising interest rates occur, it would affect the housing market, which would also affect RH. "An increase in interest rates may dampen growth in the U.S housing market and may depress consumer optimism about the U.S housing market and home buying in the higher end housing market"
+
+Now I'm probably wrong if Warren Buffet continues to increase his position even at these high prices, and if someone can correct me, I would appreciate it. But at this rate, I may just buy some puts on this stock.
+Hello!
+
+So I am looking to invest around 300k in the next 6 months. Average weekly investment sum is 13k for DCA purpose. 
+
+Why next 6 months is because I think there will be a bigger drop coming, but that is just my speculation, and I wish to "time" that drop. By time I mean to buy around that dip.
+
+I am thinking of around 5-7 stocks to pick and maybe 1-3 ETF's, so total of 10 "items".
+
+Time horizon of this investment is 5-10 years, maybe even longer.
+
+I would like to hear your ideas, where to invest. I have made a watch list of around 30 stocks myself, but would love to hear what are community's ideas.
+
+It would be awesome if you could provide a list of your ideas and maybe 1-2 sentence long explanation per "item" on why that is your pick.
+Hey ladies and gents,
+
+I’ve been thinking and it’s all over the news and so on, inflation, inflation, inflation. Nobody likes paying more for goods and services. If you drive around, I’m sure you’ll see, “now hiring” signs literally everywhere. I know I have. Plenty of people have speculation why this is, retiring baby boomers, parents who have to raise kids at home, people just reevaluating their life and what a job means to them.
+
+It doesn’t REALLY matter why. What does matter is what the effect of this will be. We are seeing it already, WAGE inflation. Where those who provide labor are able to get more and more advantage over their employees.. look at John Deere, 50% wage increase for their union in a year… 
+
+Long story short- if wages continue to rise rapidly mid single digits to low double digits that is going to eat big time into margins. Especially those where margins are small. I’m thinking retail, fast food, etc. this is a huge headwind that I don’t think is really priced into most retail or fast food, or supermarket stocks.. 
+
+Let me know what you think!
+For some of my self-managed accounts, I use a simple five ETF allocation. Typically, this calls for 20-40% in an aggregate bond fund like AGG. But given the current monetary policy, and the coming period of normalization, such a fund is unlikely to have the expected negative correlation with stocks. 
+
+Where are you putting your bond money?
+Hello,
+
+I'm very surprised about the fact that since 2009, many of the big Spanish multinationals look your typical value investing. Mature business with some growth, big dividends, low PER.
+
+the two biggest banks, BBVA and Santander have a PER of 6,5 and 8. And they had similar PER 6-12 during most of the last 13 years. And they have been paying good dividends for years. Both are among teh 2 biggest banks in the Eurozone but they have many subisidiaries, especially in LatAm. And they have been generating more capital to meet Basel III capital requirements during the last decade, so they had to purge the lowest profitable subsidiaries. I believe that there are many prejudices against Spain's economy (Spain is the S in the PIGS), especially for the financial sector, but Spanish banking industry has been ultra competitive. Until the several merges of the last years, there were dozens of banks and Savings Institutions fighting for the same market. International banks that came to Spain, failed mostly (except ING, that was playing a different game). But Spanish banks were able to compete abroad. For example, Santander UK has a slightly bigger UK market share than Barclays.
+
+Another non-financial example. Telefonica has a 15 PER ratio. The dividend yield is around 6%, they have been unleveraging their debt for some years, doing some divinvestments from non strategic subsidiaries. They are not just in many latam countries but also in Germany and UK. Next year PER is forecasted to be 13, as the restructuring is getting results. Also, as a Spaniard, I can tell you that the price wars that we had during the last years, seems to be over (the Spanish market is the biggest milky cow for Telefonica).  
+
+I could come up with more examples. The IBEX has had a low PER since the crisis in 2008, although most of the business from the public companies is coming from abroad.  Especially from latam, which I think it's a good lottery ticket for future explosive growth, as it happened 20 years ago and in the 1970s.
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+Your markets are run by bots. Now your daily threads are too.
+
+​
+
+This thread is for plans and thoughts prior to the market open period.
+
+Maybe use this time to read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) [.](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).
+
+​
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related](https://discord.gg/wsNDGTf5QH).
+Your markets are run by bots. Now your daily threads are too.
+
+​
+
+This thread is for plans and thoughts prior to the market open period.
+
+Maybe use this time to read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) [.](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).
+
+​
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related](https://discord.gg/wsNDGTf5QH).
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+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)
+[computershared.net](https://computershared.net) guy here. I usually don't participate in DD. I feel like I made my contribution with [computershared.net](https://computershared.net), but I have to address this, because I get asked a lot.
+
+This is a rebuttal of [https://www.reddit.com/r/Superstonk/comments/z6jpqm/the\_real\_legal\_count\_of\_available\_shares\_left\_to/](https://www.reddit.com/r/Superstonk/comments/z6jpqm/the_real_legal_count_of_available_shares_left_to/)
+
+In that DD, the author set out to prove that we need only DRS 7.92M shares before short sellers would be unable to continue legally shorting, and/or be unable to cover their shorts (as per the title). I will show that the number is larger than that, cite my sources, and explain why with a simple example: I am going to go public with my newly formed company, JonProBots Inc. 🤖
+
+JonProBots Inc. is going public with 10 shares 🍌. For simplicity sake, I'm going to forgo ownership by institutions and insiders and ignore options and baskets and market maker exemptions. The available shares are the same as the issued shares are the same as the float... all 10 shares.
+
+🍌🍌🍌🍌🍌🍌🍌🍌🍌🍌
+
+# Week 1
+
+JonProBots Inc.'s treasury releases 10 shares to ComputerShare. ComputerShare allocates these shares to the DTC 📓. Through brokers and the market 📉, all 10 shares end up in Ape hands, who HODL them as longs 🦍.
+
+🤖 🍌(x10) ➡️💻🪑 ➡️ 📓 ➡️ 📉 ➡️ 🦍🍌(x10 total)
+
+At the end of week 1, all trades have settled. Here's what everyone's books look like:
+
+On ComputerShare's books:
+
+* DTC: 10 shares
+
+On DTC's books:
+
+* Brokerages: 10 shares
+
+On Brokerages books:
+
+* Longs: 10 shares
+
+There are also whisperings of [a new SEC rule](https://www.sec.gov/news/press-release/2022-32) that requires brokers to mark shares if they're sold short, but it is not currently adopted or enforced.
+
+EDIT: u/dlauer [points out below](https://www.reddit.com/r/Superstonk/comments/z7ir8l/comment/iy882mo/?utm_source=share&utm_medium=web2x&context=3) that the marking rule doesn't work the way that I think it does in this post, so I'll be striking it out. Regardless, the overall premise remains the same.
+
+# Week 2
+
+10 short sellers 🥷 want to bet against JonProBots Inc. because they saw all the bugs in [my code on github](https://github.com/Jonpro03/jonprobot).
+
+10 shorts ask their broker to loan them a share to sell on the market.
+
+The process of fulfilling a request to borrow a share is called [a locate](https://en.wikipedia.org/wiki/Locate_(finance)). Reg SHO requires that the brokers "have reasonable grounds to believe they can borrow the stock". Fortunately for the brokers, they have 10 long 🦍 accounts with 1 share 🍌 each in them.
+
+The brokers might ask/tell the longs 🦍 their share is being borrowed, maybe they don't, maybe it's in the fine print of the EULA longs just YOLO accepted when they opened a margin account.
+
+If you didn't know the mechanics of short selling, a share is created when sold short. I think this is well understood by now? Either way, 10 new shares show up for sale on the market, and new Apes scoop them up and HODL. Coincidentally, there is now more sell pressure than buy pressure, and shares 🍌 are suddenly cheaper.
+
+There are now 20 apes hodling 20 shares.
+
+🥷🍌 (x10) ➡️ 📉 ➡️ 🦍🍌(x10) = 🦍🍌(x20 total)
+
+At the end of week 2, all trades have settled. Short interest is 100%. No laws have been broken. Here's what everyone's books look like:
+
+On ComputerShare's books:
+
+* DTC: 10 shares
+
+On DTC's books:
+
+* Brokerages: 20 shares
+
+On Brokerages books:
+
+* 20 long accounts with 1 share ea
+* 10 short accounts paying fees to borrow
+
+# Week 3
+
+4 more short sellers see my bad code and want to short the stock. ~~This occurs before the proposed marking rule has passed, so~~ There is no way for brokers servicing the 10 newest Apes to know that the shares they purchased on the market were from a short sale.
+
+There is a comment by Lucy Komisar in [an interview](https://www.youtube.com/watch?v=wKXWvEpnN34&t=4902s) that the maximum legal short interest is 140%, but I'm not sure that is accurate, based on what I could find as the [cited source](https://www.finra.org/sites/default/files/SEA.Rule_.15c3-3.pdf). I'm going to proceed assuming that 140% is indeed the legal limit for short interest as she says, nonetheless.
+
+EDIT: u/dlauer points out in the comments section that there is no limit on short interest..
+
+Since they don't know (or have plausible deniability) whether the longs are holding shares from a short sale, they are more than willing to loan 4 more shares, sell them short, and collect a fee.
+
+🥷🍌 (x4) ➡️ 📉 ➡️ 🦍🍌(x4) = 🦍🍌(x24 total)
+
+At the end of week 3, short interest is 140%. No laws have been broken. All trades have settled. Here's what everyone's books look like:
+
+On ComputerShare's books:
+
+* DTC: 10 shares
+
+On DTC's books:
+
+* Brokerages: 24 shares
+
+On Brokerages books:
+
+* 24 long accounts with 1 share ea
+* 14 short accounts paying fees to borrow
+
+# Week 4
+
+It's a spicy week. Longs 🦍 get wise to the game being played and learn about DRS 🟣. A website called [computershared.net](https://computershared.net) is born. The marking rule is getting closer to being adopted. 4 longs 🦍ask their brokers to direct register their shares.
+
+🦍🍌🟣(x4) ➡️💻🪑
+
+Week 4 wraps up. Shares are settled. Short Interest is 140%. No laws have been broken.
+
+On ComputerShare's books:
+
+* DTC: 6 shares
+* Apes: 4 shares
+
+On DTC's books:
+
+* Brokerages: 20 shares
+
+On Brokerages books:
+
+* 20 long accounts with 1 share ea
+* 14 short accounts paying fees to borrow
+
+# FLAG ON THE PLAY
+
+"Woah, slow down there u/jonpro03!" I hear you say.
+
+"4 apes DRS'd so 4 shorts should've been forced to close their positions!"
+
+I'm afraid not. ~~Remember, the marking rule hasn't gone into effect.~~ Brokers have no way of knowing if shares DRS'd were from a short sale.
+
+Sure, they know which long accounts they've been borrowing shares from for lending. They know that if one of those accounts decides to DRS their share, it can no longer be loaned, but that DOESN'T mean they unwind the short position.
+
+All they have to do (by law) is be able to locate, and right now there are 14 shares that need to be located, and 20 long accounts to locate shares from.
+
+# Week 5
+
+Another good week for DRS. 4 more long 🦍 accounts decide they want to DRS 🟣 their shares.
+
+🦍🍌🟣(x4) ➡️💻🪑
+
+What happens now? Let's break it down.
+
+On ComputerShare's books:
+
+* DTC: 2 shares
+* Apes: 8 shares
+
+On DTC's books:
+
+* Brokerages: 16 shares
+
+On Brokerages books:
+
+* 16 long accounts with 1 share ea
+* 14 short accounts paying fees to borrow
+
+End of week 5. All trades have settled. Nobody has broken any laws. Short interest is still 140%. Brokerages have to prove that the 14 shares they have on loan can be located. There are still 16 accounts with 1 share ea. to locate shares from.
+
+Just a reminder that this is all still legal and operating within market rules. Whether or not those rules are right is another question entirely.
+
+# Week 6
+
+2 more longs 🦍 decide to DRS 🟣.
+
+🦍🍌🟣(x2) ➡️💻🪑
+
+What happens next? I'll let you theorize.
+
+​
+
+# Things I'm unsure on:
+
+I am pretty sure that there's a provision (law) that states that a locate MUST be against a real share. I can't tell if the marking rule has gone into effect. This is all I can find:
+
+[https://www.sec.gov/news/press-release/2022-32](https://www.sec.gov/news/press-release/2022-32)
+
+Without the marking rule in effect, there's no way to know what's real and what isn't... except DRS. When all shares are accounted for, I can't see how brokerages can still claim that they can locate.
+
+So what is my claim? I don't believe shorts will be forced to close until brokers can no longer claim that they can reasonably locate a share. What that means with regards to [computershared.net](https://computershared.net)? Well, I have my opinions, but I want you to form your own. This is the exact reason the site has toggles and I call it a calculator.
+
+​
+
+Cheers!
+For a community as large as AusFinance is, I’m surprised there’s no daily discussion. I want to ask a question but I feel it’s absolutely pointless making a whole post and clogging up the sub. 
+
+A new daily discussion being created every 23 hours would work out to be the best. 
+
+A question similar to the 247302383729202937484839th “I have $10,000 should I invest in VDHG or DHHF?” does not warrant a whole post when 
+
+A) a search bar exists
+
+B) can be answered in a daily discussion. 
+
+Mods please set a daily discussion.
+
+Edit: just to add, I’m sure there’s others like me but I feel less inclined to comment on posts instead preferring to answer questions within daily discussions on other subs.
+
+Edit 2: as a few people mentioned, a weekly thread might actually be better suited here. Mods it won’t hurt to try it for a week or 2 and see how it goes :)
+Alright you retards, I'm taking the initiative to clear the air. I'm probably going to get a lot of downvotes, but I'm going to be straight up honest here.
+
+We are not a team, this is not a cult, and this is not fucking collusion.
+
+GME, AMC, & CLOV are three completely different plays. Stop fucking comparing the 3 with this cult like attitude.
+
+**GME** \- Was being shorted because as per "technicals" it was a company that was going to shit (bankruptcy) if they didn't change leadership and incorporate strategic changes to their business model aka E-Commerce and the like. Additionally, the biggest reason GME picked up in late December/early January is because it had a ridiculous/unprecedented short interest of %140. Making the short squeeze extremely likely to occur. The stock picked up, gamma squeeze and short squeezes occurred and it's still the play to this day. Why? because the remaining \~15-20% short sellers still holding their positions are the same ones from the beginning who have accumulated billions in loses, thus still considered a major play + the company making big changes to their board of directors, adding e-commerce and more etc.
+
+**AMC** \- This stock sucked dick when it was first picked up. The only reason this stock got picked up was because of nostalgia and because of people missing out on GME. The SI% on AMC back when GME rallied up was well below 20%. This company as well was on the verge of bankruptcy. It got picked up by the supporters like us apes and more shorts loaded in. AMC due to the retail investors "Picking" this stock to rally up actually has started to work on their business model and accrued $1B in investments and has started to really concentrate on building the business into a success (hopefully). When the CEO said the talks of bankruptcy are no longer on the table, is because even they knew at the time that filing for bankruptcy was a real possibility for the company. Again, the CEO has fucked over investors in the past by trying to continually dilute the float with adding more shares. On top of that prior to the stocks rallying up the board and CEO's paid themselves handsomely when the company was about to fail. Now, the narrative is different for AMC as the shorts that are in this stock are the same ones from the beginning and have also accrued unrealized losses. Also, seems the company has really pivoted to reconstruct their business model to become a success once COVID-19 is no longer hindering the world from being normal again, thus, making AMC still a very big play.
+
+**CLOV** \- Was ridiculously shorted the moment it hit IPO. This had nothing to do with GME or AMC. The short interest on CLOV has been there since IPO. The play for CLOV is that it's a Medicare Advantage Disruptor, and provides a real use case and a cost effective solution to the traditional Medicare Advantage sub-segment that hasn't changed in ages. This stock has a large short interest, now probably greater then AMC and GME combined, low float, no debt, and has a very bright future for growth. It's also heavily invested by Alphabet (Google) and other major players. The firms shorting CLOV are not the same as those who shorted GME and AMC, separate that from your minds.
+
+Yes, Melvin Capital, Citadel and others targeted GME and AMC, but this has no relevance to CLOV. No one gives a fuck, a viable stock that has a potential to disrupt a market segment that is also heavily shorted is the play for CLOV. That's it, simple as that.
+
+All 3 of these stocks are completely different plays. Yes, a short squeeze and/or gamma squeeze will always be appreciated on any stock. But get this through your heads, THEY ARE NOT THE SAME PLAY! They are completely different in respect to each other.
+
+WSB is a casino, we're here to place bets and hope for the best. This is not a team sport, this is not a cult, and this is not collusion.
+
+If you don't like a stock, then don't throw money at it. But stop with the shilling and the cult attitude predominantly from GME and AMC diehards that can't grasp that WSB is a casino and not a subreddit solely about GME or AMC. (I'm not talking about GME and AMC holders as a whole, most of you are chill af, just some that are constantly shilling everything with a ticker thats not GME or AMC).
+
+Now with this shit said, I'm a big supporter of all 3. But for fuck sakes they are not the same play, stop comparing the 3.
+
+Don't forget AMC dropped to $6 and AMC bagholders were bag holding for months before it moved. GME dropped to $40 and GME holders were bag holding for months before it moved.
+
+Everyone needs to chill the fuck out, play your plays and keep it moving. Stop shilling shit and comparing shit when they're not correlated at all.
+
+BB and NOK became "Meme" stocks because fundamentally, they were undervalued for what the company actually does and where they're positioning themselves for the future.
+
+People just need to stop comparing and having these debates. 3 stocks, 3 completely different plays, fuck off and throw your money at which ever stocks you like and hope for the best, just stop with the comparisons and cult shit it's ridiculous.
+
+Also, the short squeeze is nowhere near in sight. You think the short sellers are dumb as fuck? They're going to wait until inflation hits and fucks up the whole market. They're probably betting that once the market goes tits up, people bag holding these stocks will sell, why? Because they anticipate people will need to pay for bills, mortgages/rent, their children etc, and with the cost of living, cost of commodities inflating due to inflation, I can easily see how they're going to hold onto their positions (shorting these stocks) until this occurs. They're banking that when shit goes tits up, the investors in these stocks will also go tits up and FUD will kick in causing massive selloffs. (My personal opinion).
+
+Some plays on WSB are value plays, short squeeze plays, gamma squeeze plays, undervalued plays, oversold plays, etc the fucking list goes on.
+
+WSB is a god damn casino, so treat it as such. I wish you all the best and many tendies, regardless of what you're invested in. Downvote me to oblivion, idgaf.
+
+**Important update**: I want to say thanks to everyone for the awards, upvotes and comments.
+
+I want to clarify some FUD here after the traction from this post. When I was referring to \~15-20% short sellers for GME I **was not** referring to short interest or the "naked" shorts everyone is talking about. Simply, that the original short sellers that are still in their positions haven't closed out their positions yet, same goes for AMC, and the big MOASS that everyone is mentioning is not what I meant when I said gamma squeeze or short squeezes. I was simply referring to when GME spiked to $438 and months after again to $330. I wasn't talking about the big MOASS.
+
+I've been on WSB since December 2020 but only joined on January 28th, 2021 when I felt like I wanted to start to contribute myself. I was here before there was 500k members. I used to only use reddit to view posts and discussion and never really felt the need to create an account until I found stock/investment subreddits etc. Hopefully this clears some shit up. Again, the purpose of this post was to explain why these 3 stocks are not the same and shouldn't be compared to each other and for people to stop shilling others and having this "cult" like attitude/behaviour.
+
+Oh! and the reason why my post mentions GME, AMC, CLOV is because it was the 3 top tickers on the thread for the day this post was made, 07/06/2021.
+
+Cheers,
+> Last month, Amazon filed a motion asking the court to pause Microsoft's work on the $10 billion cloud contract.
+
+> The Joint Enterprise Defense Infrastructure, or JEDI, cloud contract was awarded to Microsoft last October.
+
+> Last November, Amazon indicated it would protest the Pentagon's decision. The company claims the evaluation process contained "unmistakable bias" and has since asked the court for permission to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis.
+
+https://www.cnbc.com/2020/02/13/amazon-gets-restraining-order-to-block-microsoft-work-on-pentagon-jedi.html
+
+What are your guys’ thoughts on this?
+
+EDIT: title of the article was changed after I uploaded it to “Judge temporarily blocks Microsoft Pentagon cloud contract after Amazon suit”.
+[Tired of seeing your gains wiped away by the insane levels of Inflation in the US economy? Well, there’s a nifty little government security that can help that even billionaire Bruce Wayne (A/K/A Batman) invests in. So what’s this little known investment that the Batman himself shills?](https://youtu.be/F_MYms0wUmQ?t=1) Savings bonds! You heard me right, savings bonds, [specifically Series I savings bonds which pay interest linked directly to the current inflation rate](https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm). The interest rate on I-Bonds [right now is 7.12](https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm)%! That’s a US government security that pays a multitude higher interest than any bank and more than most blue chip corporate bonds are yielding right now. The interest rate on I Bonds is adjusted to reflect the inflation rate every 6 months. At certain points, the Treasury department will also sell I-bonds that have a second additional fixed interest portion to the I-Bond’s yield, however as of right now this fixed interest portion is set at 0% so any I-bonds bought right now are tied directly to the inflation rate only. [Unlike TIPS securities sold by the Treasury department, the principal of an I-Bond stays fixed (TIPS lose value when deflation occurs). The interest rate on an I-bond will never go below 0% in the event of deflation](https://www.treasurydirect.gov/indiv/products/prod_tipsvsibonds.htm). I-Bonds can be purchased directly from the US Government via its [TreasuryDirect website](https://www.treasurydirect.gov/tdhome.htm).
+
+So, as with anything on here, the question becomes, what’s the catch? There is in fact a limit on the amount of I-Bonds you can purchase, $10,000 in electronic I-bonds per year can be bought through the government’s treasury direct website. [You can also separately buy up to $5,000 in paper I Bonds by electing on your tax return to receive your tax refund in I-Bonds.](https://www.treasurydirect.gov/indiv/research/faq/faq_irstaxfeature.htm) Finally, and most importantly, you must hold I-bonds for at least 1 year prior to being able to cash them in and any I-Bond redeemed prior to 5 years from the date of issue loses the three months of interest preceding the redemption. Unlike some other treasuries, the bonds also cannot be resold to other investors. I do not currently hold any series I Bonds.
+*This piece will be posted at 4:20 pm NYSE time every trading day!*
+
+https://preview.redd.it/oputf7lb1n471.png?width=1426&format=png&auto=webp&s=b949f022056409f86cb8a99aee35bed8302acc31
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Today's Recap 📉
+
+# $GME Closing Price: $233.34
+
+Open Price: $222.75
+
+Daily High: $241.13
+
+Daily Low: $206.13
+
+Volume: 15.18 MM
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🖍🍎🚌GME 101🚌🍎🖍
+
+​
+
+*If you're new to Superstonk, start here!*
+
+​
+
+[WeBull's $GME rating 06-11-2021](https://preview.redd.it/cxxasc4hjo471.jpg?width=1080&format=pjpg&auto=webp&s=4ebb2612aa73a5d785982d06464a6a6177fdedb6)
+
+​
+
+[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
+
+[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
+
+The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# E3 This Weekend!!
+
+​
+
+So remember how Gamestop stores were anticipating a rush of customers around this weekend's date?
+
+**Well, it's because E3 IS THIS WEEKEND!**
+
+And there are rumors that there will be some Zelda/Nintendo announcement at the convention, (EMPHASIS ON THE WORD RUMORS) that are being discussed all over the interwebs like [here](https://gamerant.com/gamestop-e3-zelda-next-gen-consoles-rush-expectations/). Could be BotW 2, could be a 35th Anniversary Edition Somthing or other collection, who knows, but...
+
+# ZELDA, NINTENDO, GAMESTOP, E3.... I'M JACKED TO THE ABSOLUTE TITS!! THE FINAL BOSS APPROACHES!!!
+
+​
+
+[The Final Boss](https://preview.redd.it/y07cp90ddo471.jpg?width=646&format=pjpg&auto=webp&s=c382f631dd380fd234f00961a1ca3b5ab7790ed3)
+
+[**This website has info on how to watch E3 this weekend!**](https://www.theverge.com/22465864/e3-schedule-time-date-live-stream-how-to-watch)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Gamestop's 5 Million Share ATM Offering
+
+​
+
+**Community Spotlight-**  [**u/Squashua1982**](https://www.reddit.com/user/Squashua1982/)
+
+[Clarification of when GameStop will issue a press release stating the ATM Offering is complete, sale price max, maximum offering, update on outstanding shares, the reason why MarketWatch and Ortex differ, and other Form 424B5 goodies with highlighted pictures!](https://www.reddit.com/r/Superstonk/comments/nxkuvw/clarification_of_when_gamestop_will_issue_a_press/?utm_medium=android_app&utm_source=share) (OP)
+
+​
+
+**Hey there! This comes straight from the 424B5 Form! Here is the link for reference.**
+
+[https://gamestop.gcs-web.com/sec-filings/sec-filing/424b5/0001193125-21-186796](https://gamestop.gcs-web.com/sec-filings/sec-filing/424b5/0001193125-21-186796)
+
+We will not receive any update about the completion of the ATM offering today. The earliest an announcement could be made is Monday. This is based off of T+2 settlement. Also, based on past press releases, this will not happen until after market close on any given day.
+
+[https://i.imgur.com/tuz8Nhh.jpg](https://i.imgur.com/tuz8Nhh.jpg)
+
+GameStop is updated before the market opens every day on how many shares were sold the previous day. Which also points to any announcement of the completion of the offering happening after market close.
+
+[https://i.imgur.com/sr8Undy.jpg](https://i.imgur.com/sr8Undy.jpg)
+
+$255.39 is not the max sell price. This was the average share price on June 4th and they used it for calculating the fee projections of this offering.
+
+$1,276,950,000 is not the maximum amount of funds GameStop can raise from this offering. Again, they used this for calculating the fee projections of this offering. This was understandably confusing because the last offering had a maximum amount allowable to raise.
+
+[https://i.imgur.com/5cljjEg.jpg](https://i.imgur.com/5cljjEg.jpg)
+
+As of June 1st 2021 Outstanding Shares numbered 71,815,131 shares. If I am reading this correctly, that number includes 2,435,881 restricted shares.
+
+[https://i.imgur.com/dPp6A21.jpg](https://i.imgur.com/dPp6A21.jpg)
+
+Edit 1: If GameStop sells all 5 million shares then the new Outstanding Shares will be 76,815,131. Thanks to [/u/Cspawn](https://www.reddit.com/u/Cspawn/) for the image!
+
+[https://i.imgur.com/Dvnq05P.jpg](https://i.imgur.com/Dvnq05P.jpg)
+
+BTW the restricted shares is why MarketWatch and Ortex Outstanding Shares differ.
+
+Ortex is adding the restricted shares to the 71,815,131 number which brings them to 74,251,012.
+
+[https://i.imgur.com/0EX7jDx.jpg](https://i.imgur.com/0EX7jDx.jpg)
+
+MarketWatch is including the restricted shares in the 71,815,131.
+
+[https://i.imgur.com/9VCvtvS.jpg](https://i.imgur.com/9VCvtvS.jpg)
+
+MarketWatch and Ortex updated their Outstanding Shares numbers based on the 424B5 form and not because they saw new shares enter the market. This makes sense, because if they could do that then they would account for all the synthetic shares on the market as well….
+
+I hope this helps clarify some things!
+
+​
+
+🚀🚀🚀🚀🚀🚀
+
+​
+
+Back to u/Pinkcatsonacid
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# GameStop SEC Investigation
+
+**"This is not an investigation of GameStop itself"**
+
+​
+
+https://preview.redd.it/9bak6rtruo471.jpg?width=1077&format=pjpg&auto=webp&s=4c0b0268a130a848d0c42e72836c8338d833b165
+
+The MSM has been reporting that Gamestop itself is under investigation by the SEC, barely falling short of slandering their company name. A clarification has been made regarding the investigation. It is unclear and unreported at this time whether they are investigating the short side, the long side, both, or what... but we **DO** know that the company *itself* is not the one under investigation.
+
+​
+
+[Link to the video](https://www.reddit.com/r/Superstonk/comments/nxhm64/gamestop_sec_investigation_this_is_not_an/), credit to [u/SnooFloofs2854](https://www.reddit.com/user/SnooFloofs2854/) for the OP
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Cooler Master Now Selling PC Building Parts at Gamestop- BULLISH AF
+
+​
+
+[thanks u\/GrunGromp for the heads up!](https://preview.redd.it/6ui4luk9jo471.jpg?width=1080&format=pjpg&auto=webp&s=8cf1ff260fd189f26b7ffe3bc2f2181b64e234f2)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Reminder- Important Security Update from Team Satori
+
+​
+
+[**Please take the time to read this post if you haven't yet**](https://www.reddit.com/r/Superstonk/comments/nva7nh/satori_the_one_week_security_update_important/)**!! Important security update from June 8th!**
+
+​
+
+[Example of an Official Satori Message](https://preview.redd.it/pzewouq64o471.png?width=1342&format=png&auto=webp&s=b7cf5cd637be7d8f52b04a3ffc1dec3aee495014)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Moderator u/StonkU2 Has Respectfully Resigned
+
+​
+
+It is with a heavy heart that I tell you today that our friend and moderator, u/StonkU2 has officially resigned from his moderator position, effective immediately. He has voluntarily withdrawn his position and is respectfully no longer a moderator of Superstonk. As much as we hate to see him go, we understand why.
+
+​
+
+It has been a true pleasure to know and work with you, Stonk. And we appreciate your continued efforts to help grow our community into the beautiful jungle that it is today (or like you always like to say, this beautiful City of Athens 😊). We wish you the best and look forward to seeing what is in store in the future.💎🙌
+
+​
+
+[**Read**](https://www.reddit.com/r/Superstonk/comments/nxe8qd/i_believe_free_markets_cannot_be_free_unless_they/) u/StonkU2's [**final post as moderator here. But beware ninjas are cutting onions over there.**](https://www.reddit.com/r/Superstonk/comments/nxe8qd/i_believe_free_markets_cannot_be_free_unless_they/)
+
+​
+
+[o7 Stonk 🤜🤛](https://preview.redd.it/tv10olcusn471.jpg?width=741&format=pjpg&auto=webp&s=8b2a4c368f469953c0b0fb05a5fba8bef055609e)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 👩‍🚀Help Wanted👨‍🚀
+
+​
+
+**If you have any interest in assisting with the Summary/ Transcriptions check out this post from** [**u/Bradduck\_Flyntmoore**](https://www.reddit.com/u/Bradduck_Flyntmoore/)**,** [**Superstonk Seeking Volunteers**](https://www.reddit.com/r/Superstonk/comments/nw3s9m/superstonk_seeking_volunteers_ama_transcription/?utm_source=share&utm_medium=web2x&context=3)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# 🚨 Reddit down 🚨
+
+​
+
+With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
+
+**IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.**
+
+[https://twitter.com/ByeTriangle](https://twitter.com/ByeTriangle)
+
+[https://twitter.com/PinkCatsOnAcid](https://twitter.com/PinkCatsOnAcid)
+
+[https://twitter.com/RedChessQueen99](https://twitter.com/RedChessQueen99)
+
+[https://twitter.com/rensole](https://twitter.com/rensole)
+
+[https://twitter.com/u\_sharkbaitlol](https://twitter.com/u_sharkbaitlol)
+
+[https://twitter.com/BradduckF](https://twitter.com/BradduckF)
+
+**IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:**
+
+[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***OOK OOK***
+
+***"I may have been early, but I am not wrong"***
+
+​
+
+[ 🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍 ](https://preview.redd.it/nfp8u7rkcn471.png?width=1600&format=png&auto=webp&s=c468c34393d0ef6a778232c7259732aa8aeeb787)
+I made a $1k personal purchase on myself recently and I've spent 20 hours over analyzing it. Some days I'm super confident I should keep it, other days I realize I shouldn't. I've evaluated every in/out as to whether I can sell the product, what my loss would be, how many hours I would spend using the item,  whether I should save $200 and get the crappier version etc. This isn’t the first case of this happening unfortunately, even for $20 items I over analyze.
+
+I think this stems from growing up severely poor where no way in hell would my parents drop $1k on a personal purchase, never went on vacation and was taught to just save save save. Also that this is a depreciating asset that won't make me money. 
+
+The worst part is I got a new job this year with a 40% increase (was already in six figures) and NW has gone up $80k this past year. I thought making more money would relax me a bit more on spending, but now I just want to save 100% of the extra income. 
+
+Anyone have tips? Therapy isn't helping
+
+Edit: Wow this exploded! Trying to respond to everyone but if I can’t thank you all for your kind words. The item in question is a laptop, but felt terrible buying it because I do have a (aging) desktop. I wasn’t here to seek reassurance on the purchase (though that was nice) more so to understand why I feel this way. This sub is always supportive.
+A former colleague of mine came down with Stage IV Non-Hodgkin's Lymphoma a couple of months back. I organized a fundraiser so employees could do a payroll deduction for a monetary donation, and the company would lump it all into one big check. This check is going to come from the company. I'm concerned that the company I work at will have to pay taxes on this or the former employee will. 
+
+I've heard something about setting up a charity bank account in his name that he can draw from, but I have no idea what the best way to approach this would be. 
+
+Any advice? 
+
+Edit: Thank you all for the huge response! After speaking more with our finance department, it sounds like if they cut a check to the former employee, the company would have to give him a 1099 and it would be counted as income. Instead of cutting him a check, i'm going to work with him and his wife to set up a Gofundme account. I was able to speak to our CEO and he said he's alright with us not being able to deduct the donation from our taxes. Thank you all for the kind words and advice, I don't have much experience with this sort of thing. I just wanted to help a friend out and thankfully, so did many others at my work.
+It is the only listed crypto/ bitcoin mining company on the London exchange.
+
+The SP is closely aligned to the price of BTC.
+
+If you believe in the future of BTC this might be a good stock to be invested. 
+
+As always DYOR.
+
+
+Disclosure: I hold Argo in my son's JISA. My thinking that if BTC is the future I might as well invest into something that will grow with them .
+
+
+I am now thinking of adding it to my ISA as well.
+
+Edit: It's now at £2.45p (16/02/21). It's like I am walking and picking up free money off the floor.  I did take some profits at 100p. And then I bought back some on the dip at 80p.
+It is the only listed crypto/ bitcoin mining company on the London exchange.
+
+The SP is closely aligned to the price of BTC.
+
+If you believe in the future of BTC this might be a good stock to be invested. 
+
+As always DYOR.
+
+
+Disclosure: I hold Argo in my son's JISA. My thinking that if BTC is the future I might as well invest into something that will grow with them .
+
+
+I am now thinking of adding it to my ISA as well.
+
+Edit: It's now at £2.45p (16/02/21). It's like I am walking and picking up free money off the floor.  I did take some profits at 100p. And then I bought back some on the dip at 80p.
+Might be out of line in my thinking but I don’t really like how we are shutting down property threads and pushing them to a sticky. I personally never look at the sticky and half the time can’t find it. Property generates a lot of debate and is understandably of interest to many people. If you don’t like property threads just don’t click on them. I personally get sick of seeing noob investing threads and basic ETF posts. I just don’t click on them, but they still have their place here. I think shutting down individual posts and pushing towards the sticky threads is actually reducing debate and interaction in this sub.
+I saw a listing on Roofstock that I was kind of interested in. I noticed the seller was willing to offer financing at 8.3%. I’ve never financed anything this way and am wondering why someone would take a seller up on an offer like this if the rate was higher than what you could get at any old bank. Is it because it’s less hassle to deal with than going with a traditional lender?
+
+[Edit]: Thanks, all, for the replies. Adding here that the seller is only offering financing with 30% cash down. Doesn't seem like a great deal!
+https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html
+
+Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a new debt surge — this time by major corporations — threatens to unleash fresh turmoil.
+
+A decade of historically low interest rates has allowed companies to sell record amounts of bonds to investors, sending total U.S. corporate debt to nearly $10 trillion, or a record 47 percent of the overall economy.
+
+In recent weeks, the Federal Reserve, the International Monetary Fund and major institutional investors such as BlackRock and American Funds all have sounded the alarm about the mounting corporate obligations.
+And that’s a wrap ladies and gentlemen. On June 9, 2021, at approximately 12:08am EST, El Salvador has become the First Nation to pass a bill that makes Bitcoin a legal currency. Who would have thought this would happen so quickly!  It will take ~90 days for this law to be enacted; presumably to allow merchants and others to prepare for the acceptance and transmission of bitcoin. 
+
+It’s also important to remember that the people of El Salvador have been using bitcoin and it’s lightning network for some time now. This has helped with the quick majority approval of the bill. 
+
+For those reading this live, you can watch their congress continue to push this through as law here: https://www.facebook.com/asamblea.legislativa/videos/305036231334752/
+
+Here is the English translation of the law: https://freopp.org/el-salvadors-bitcoin-law-full-proposed-english-text-9a2153ad1d19
+
+The questions now:
+How will the US handle policy based on this change?
+How many nations will pass similar laws this year?
+How many bitcoin will these sovereign nations purchase? 
+Will you be selling your bitcoin to them? ;)
+This is really embarrassing for me to admit, but I'm looking for any encouragement/seeking help from anyone that has had a similar experience. Therapy has helped me get over the trauma, but hasn't helped me figure out how I'm able to get past the thoughts of failure.   
+
+
+I'm 27 years old and felt like I was on a pretty good track to achieving financial freedom, so much to the point that I really didn't understand risk management. I've basically invested every penny since I started working in 2017 and ended up making over 400K of (realized) gains in the stock market. In hindsight I'm not proud of the way I made that money, I got lucky betting on high growth stocks, some crypto, and used options.   
+
+
+At the end of 2021 I amassed a net worth of 750K post tax, and was thinking about taking a year off of work to decompress from the tech industry, and explore my hobbies/maybe start my own thing. Unfortunately stocks went down in the first month of 2022 and I saw an opportunity to go all in again. Many of my stocks I've re-invested in are down over 50%, and I ended up dipping into margin to try to average down my positions. This snowballed into a significant loss and I've since had to cut my margin positions as the market for growth stocks has essentially crashed.   
+
+
+As of today my net worth is below 200K, down over 500K from my peak of last year (70%+ loss). My dreams are crushed and it's been difficult to fathom what I did. This is really hard to admit, but I'm in disbelief that I had the capability to take on such risky investments without really thinking about the potential consequences. I know these kind of investment strategies don't belong in this subreddit. I'll probably get some hate for this. I thought just because I survived the covid flash crash, I could survive any downfall. This was not the case and I've learned a hard and painful lesson.   
+
+
+Thankfully, I received a promotion in Q1 of this year as well so my compensation has gone up to 250K/year. Because I live in a HCOL area, the amount I actually can save a year isn't nearly as much after taxes and expenses, so it'll take more than a few years to recover from my mistakes. I know I can't retire any time soon. I'm grateful that I have what I have, my health and my family/friends. But I find myself in a situation where I feel like I'm behind now- and how no one really makes these kind of financial mistakes as I did. I can go on and on about how I feel, but what's done is done - seeing top posts on this subreddit from time to time still inspire me and I want to keep on going. I just want to find inspiration from anyone that might have had something similar happen to them - and I guess not just from 2000 or 2008, since the market's aren't nearly as down as back then (just mine is).   
+
+
+TLDR:   
+I lost 70% of my life savings YTD, the overall market is only down 10-20%. I've learned my mistakes and want to do things right. I make 250k/yr but don't like working in the tech industry, wanted to take some time off but find myself preparing for interviews now to try to make even more. I feel behind and want to find anyone to relate to help get back on my feet.
+Hello everyone, I'm from Italy and I am starting to work as a freelance.
+
+My first client is from USA and we are talking about how payment should be executed from their side. Transferwise is their default option but as of right now it's impossible to open new business accounts in Italy so we are evaluating other options.
+
+As far as I know SWIFT transfers are pretty expensive because they need to rely on an 3rd-party entity which is capable of moving money internationally.
+
+I have a Unicredit account here in Italy and a Revolut one (both personal, non-business). While the first seems the most safe it is indeed the most expensive (handling multiple currencies is not a default option), the latter seems the smartest choice (lowest USD->EUR conversion) but Fintechs aren't renowned for their "stability".
+
+What's the best way to receive payments from this client without getting drowned by fees or getting my money locked somewhere in Europe?
+I'm considering starting a small online side business in Germany and looking to see if this can be a way to lower the bureaucracy / tax / cost factors of doing business as a very small company in Germany.
+I would appreciate thoughts from this subreddit. Crosspost from: https://www.reddit.com/r/personalfinance/comments/lpl4br/is_it_a_good_idea_to_buy_a_vacation_home_before_a/
+
+I live with my wife in Berlin, Germany. Apartment prices here have been going through the roof, and this trend has only accelerated in 2020.
+
+We want to buy a house / apartment, and would definitely like to buy something big enough where we don't have to move again within 20 years once we start a family. So we're looking at 4-5 bedrooms. That pretty much forces us into new buildings, located more outside of Berlin. Apartments like this go for around 400k€, with 15% taxes and fees on top. They can be rented for around 1200€/month before utilities.
+
+On the other hand we are reconsidering whether we want to live in Berlin forever, since my wife comes from a smaller city, and if we move, renting the apartment would be a hassle not worth it with Berlin rental prices and the Mietendeckel law.
+
+So I am considering buying a vacation home as an investment first, in the Canary Islands. Currently we both can work remotely, and can afford an apartment big enough over there. This would have the advantage of adding to our cashflow immediately once travel picks up again, I'm calculating Q3/Q4 2021 for that, we would put up the apartment on Airbnb and use a local management service. Apartments that I am looking at go for around 120k€, with 10% taxes and fees on top. Most are furnished.
+
+Once we have decided on where we want to live (in Berlin or not), we could take out a mortgage and buy a property.
+
+Am I missing something in my thoughts?
+A lot of people nowadays talking about living off passive income when they’re even younger than 60.
+
+**I actually know a lot of people that invest most of their money into safe dividend stocks.** They are in their 20-30s though.
+
+One of my friends has 200k in bank stocks. Literally put most of his paychecks into dividend stocks.
+
+Is this stupid or is it just not realistic?
+**Use this** [**r/place template link**](https://halfdane.github.io/rplace/) **so we can work as efficiently as possible**:  [https://halfdane.github.io/rplace/](https://halfdane.github.io/rplace/)
+
+Shoutout to u/[DeadDevotion](https://www.reddit.com/user/DeadDevotion/) for [this awesome walkthrough on how to install and use our Place overlay!](https://www.reddit.com/r/Superstonk/comments/tuiahg/easy_visual_guide_on_how_to_install_and_use_our/?utm_medium=android_app&utm_source=share)
+
+(Stealing from u/platinumsparkles awesome text here)
+
+# How to use the Github program
+
+T[he site](https://halfdane.github.io/rplace/) will show you coordinates, and you can place the tile based on the coordinates here. When you hover over a pixel, it gives you the x and y axis - IF YOU CLICK THE TILE, IT WILL BRING YOU TO THE CORRECT TILE!!!! Then pick the correct color and place it :)
+
+You can add to the canvas here: [https://www.reddit.com/r/place/](https://www.reddit.com/r/place/) (and once again: check [here](https://halfdane.github.io/rplace/) to know where we want to put which pixels)
+
+​
+
+[when you click on the tile in Github it will bring you to the same tile on r\/place](https://preview.redd.it/bsp9s4gn86r81.jpg?width=279&format=pjpg&auto=webp&s=b60438f0005f1a6f692b905d145e34530338935d)
+
+​
+
+[Click on \\"place a tile\\", choose the correct color and confirm. Rinse an repeat every 5 minutes.](https://preview.redd.it/ee6byyur86r81.jpg?width=729&format=pjpg&auto=webp&s=da58dcfbcfe57e68bee3bef219a0907fc2abbcc1)
+
+## Let's talk about alliances!
+
+Carving out your space on the canvas works better when you make alliances with other teams.
+
+Why?
+
+Other groups will attack and it’s good to have people on our side to defend our design, and we can do the same for our allies.
+
+Allies will not attack. Allies make other allies and suddenly even more people have our backs.
+
+We made design changes to incorporate allies and remove things we are wasting time and pixels on.
+
+For example, OSU - what is OSU? A super popular rhythm game.. they are gamers coordinating on discord and twitch. They are the perfect allies, they are strong in numbers, dedicated, and they are not expansionists. All they want is their circle.
+
+We are fighting an unnecessary battle, wasting time and pixels, by trying to take over the top left corner (coordinated gamers UNITE!), so we incorporated their outer circle into our new design.
+
+We made an alliance with Germany, they will not creep into our area, and we added a small heart to our left border to represent our united front. They are working on a portal OUTSIDE our border, so LEAVE it alone! That will protect us on the left side even more.
+
+The sweet birb from r/PictureGame keeps getting its one pixel beak chopped off, so we’re going to add that to the right border. They messaged us that they will defend our right border.
+
+On day 1 we tried to make an alliance with r/placetrees, they are a group placing trees to spread awareness about our climate crisis, and yesterday we redesigned our piece to free up that bottom space. Since we were already building too far to the right anyways, we were just going to add the logos to the right.
+
+Well, nobody followed the post and the trees got wiped out (by our NFT logos, yikes), so we kept the space to the right and redesigned our piece again, this time including a couple of trees.
+
+A lot of people think NFTs are bad for the environment, VERY FEW people know about Layer 2 technology and how that is gas-free and carbon neutral.
+
+We have the same goal, we’re fighting the same battle, may as well do it together!
+
+We have also agreed to leave Star Wars alone (obviously), Scotland, Portugal, and blue corner.
+
+The other thing updated to stop wasting our time and pixels, was remove NFT.Gamestop.com and instead make our **Gamestop** logo bigger. We fought the good Gamestop.cum fight😅 but pixels were just being wasted on that all day long.
+
+We made more space in between BUY HOLD DRS.
+
+We added a pirate flag🏴‍☠️.
+
+With all that said, here's our new redesign [one last time](https://halfdane.github.io/rplace/)
+
+​
+
+[Wanna Easily Help place some pixels but don't want to join discord?](https://www.reddit.com/r/Superstonk/comments/tu3xkh/wanna_easily_place_pixels/)
+
+[Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/tdxn3w/computershare_megathread/?utm_source=share&utm_medium=web2x&context=3)
+This is my second year out of college (I am a software developer), I live in a third world country and I earn 600 USD a month which is 7,200 USD annually. I was lucky to get that job as a fresh out of college as that salary is pretty much average in my country, (newly graduates get paid really bad often). I have 4,115 USD in savings.
+
+I am paying 82 USD to my mother, 85 USD monthly (Master Degree) and 144 USD for French classes so that leaves me 289 USD minus transportation 164 USD = 125 USD left. My mother is broke and constantly tells me that I have enough money in my bank account and I should stop saving and start to help more in the house. I can't leave because rent costs like 300 USD, I live in the city.
+[NYT article here](https://www.nytimes.com/2018/05/06/nyregion/secretary-fortune-donates.html)  
+
+This is the other side of financial independence. A good number of people have FIRE dreams because they're working at a job they hate. As an alternative to retiring once you reach your SWR and pursing hobbies/passion projects, might I suggest looking for a different, more personally amenable career? We all want to help people in one form or another with the limited hours we have each day; rather than turning off the money spigot outright, why not continue working somewhere else with the aim of donating the earned income to charity? This has three benefits: the first is that you're working at place that you want to work, the second is that explicitly working with the intent of furthering a charitable cause generates warm fuzzies, and the third is that you always have the option of stepping away from employment because you're already FI. In fact, you could even go one step further and work directly for a charity that is close to your heart; many of the skills gained in the corporate world [transfer over](https://80000hours.org/career-reviews/working-at-effective-altruist-organisations/#what-roles-are-there) to the non-profit sector, where they are [desperately needed](https://80000hours.org/2017/11/talent-gaps-survey-2017/#key-figures). 
+  
+
+SatoshiStreetBets official presents: **SatoshiSwap** \- First DEX with Margin trading - Yield farming - Liquidity providing - Lending -Swapping - launched FEB 7th - Currently 15m mc - Staking next week - DEX launching Q1 - Insurance fund - Audited - Leveraged token burns - Registered company.
+
+The original and official [r/SatoshiStreetBets](https://www.reddit.com/r/SatoshiStreetBets/), founded by David Gilbert, is launching SatoshiSwap on BSC; the first ever Decentralized margin trading protocol. **Token: SWAP.**
+
+Think of PancakeSwap with the option to open a leveraged trade. Let that sink in for a bit... Smart contracts coding finished and audited ✅
+
+But there is much more 👀
+
+\*Margin trading  
+ \*Swapping  
+ \*Lending  
+ \*Liquidity providing
+
+\*Audited smart contracts  
+ \*Battle tested defi components
+
+\*Insurance fund
+
+\*Experienced developers
+
+That is not it, much more unique features coming. Designed to reward holders of the Swap token. Choose what fits u and earn a passive income by holding SWAP tokens:
+
+ \*Earn interest: Securely deposit in the audited vaults and passively earn interest.  
+ \*Yield farming: Farm yield by providing liquidity to the SatoshiSwap DEX.  
+ \*Staking: Lock up your tokens in the HODl bar and receive staking rewards.  
+ \*Trading fees: A percentage of each trade is shared with token holders.  
+ \*Liquidation fees: All liquidated trades that occur on the SatoshiSwap margin DEX are shared with token holders.
+
+\*Diamond hands: A temporary token that tracks those who HODL and deserve maximum rewards. Tradeable and composable in its own right.
+
+\*Community participation: SatoshiSwap is distributed to community members in proportion to the upvotes their content receives.  
+ \*Vault fees: A percentage of fees from the vaults are shared with token holders.  
+ \*Leveraged burn: SatoshiSwap by design burns tokens in proportion to how much activity occurs on the margin DEX. With Leverage trades occurring, this means burns will occur in proportion to the amount of leverage e.g. x10.   
+ 
+
+**SatoshiSwap token: SWAP**
+
+*Current market cap only about 15m!* 
+
+*Staking next week*
+
+*DEX live in Q1.*
+
+*Massive token burn coming.*
+
+*About 400B coins getting locked for at least 6 months.* 
+
+ This will be a multibillion-dollar market cap in the near future🕺
+
+**NO TAX** on this coin. So can be listed at tier 1 exchanges (hint hint).
+
+Website: https://satoshiswap.net/
+
+Telegram: https://t.me/SatoshiSwapOfficial
+
+Twitter: https://twitter.com/SatoshiStBets
+
+Discord: https://discord.com/invite/SatoshiStreetBets
+[https://www.classaction.org/media/in-re-short-squeeze-trading-antitrust-mdl.pdf](https://www.classaction.org/media/in-re-short-squeeze-trading-antitrust-mdl.pdf)
+
+**I encourage everyone to read this report.**
+
+  
+Page 106
+
+​
+
+https://preview.redd.it/eo1d87jac9p71.png?width=1237&format=png&auto=webp&s=034bfc74074749c9c41310a2dbd51a9953caaab3
+
+​
+
+https://preview.redd.it/4710iwfic9p71.png?width=1362&format=png&auto=webp&s=0d287edb08d9f07245745ecbdaa9eb7f8eedea70
+
+**TLDR:**  
+Citadel makes up a huge portion of the trading volume on GME. 
+
+Public FINRA reporting shows how SHORT VOLUME went up while the price went down (you can't cover/close in this case).
+
+They had historically NOT been a neutral Market Maker but rather taking an active speculative position betting AGAINST retail orders (on many stocks). Every retail order they accepted they shorted into the market. By end of January they were about to EXPLODE (risk was far exceeded). 
+
+Their only option- stop retail buying and SHORT like crazy to get the price down. This lowered their risk exposure. The options risk was also astronomically huge.
+
+This likely means that TODAY they have many profitable short positions opened, but not closed, opened at and below $480. At a today's price of $200ish this means their millions of new shorts have bought them a lot of unrealized profit and has bought them a lot more breathing room. 
+
+As the price rises their original short positions become a problem again AND they start losing the benefit of the new positions. Any attempt to cover or close sends the price to the moon. They're totally trapped and made this problem only worse.
+
+We likely need to see a price a lot higher now that they have higher price point shorts, so the price needs to rise well above $480. 
+
+Of course, this is what all of us have known and that's why we're here.
+
+**Buy! Hodl! REGISTER!**
+For more context, my parents were blindsided in a typical but very elaborate gift card scam that made them believe top-ranking government officials were asking for money to bring a case against a terrorist using my parents' identity. My parents paid them through withdrawing money from their bank and purchasing gift cards.
+
+They are sure all that money is gone but are also worried because the scammers were recording them for 9 hours a day on the phone and also got all of the personal data (SSN, Driver's License no., etc.)
+
+The people on the phone still think my parents believe in the scam at this point and said they may call back on Monday or later in the week to give updates on the case (probably to try and get more money). Is there anything they can do at this point to try and get information on the scammers or trace the line? The scammers are using a fake number and fake caller ID, but is there any way to see their true number?
+
+Note: They have already filed a report with the local police department but haven't received a lot of help otherwise there.
+
+EDIT: Lots of comments wondering about how they were able to get scammed. I wish I could go into all the detail but it would take an hour. There were a lot of red flags but even the PD said they hadn't seen anything this elaborate. They had an entire team of officials claiming to be people who were verifiable via the internet and my mom said she wouldn't talk to them until she got some kind of confirmation of who they were and they immediately received a call from the local police department telling them to cooperate. They were very blindsided by not realizing how caller Names and ID's could be spoofed this well. Scammers also tried to never really use the word "gift card" they kept trying to say it was some kind of way to transfer money to the government without alerting dangerous people. Parents also are in total acceptance now that they missed many big things and are very ashamed of how it could have happened.
+As the title says, I've always survived money wise because I have a good income, but I've realised I really should be thriving and doing much better. I also realised I wasted $5995.66 on ubereats last year, ruining my bank account and my body. That's half a years rent!
+Where does one start making a budget? 
+What tips can you give to a repeat offender for staying on track?
+
+Edit 1: Just to be clear, I'm not saying uber eats (or food) alone is the problem, but the above showcases a symptom of the personal finance issues.
+
+Edit 2: Holy crap, thank you for all the responses! Hopefully my shame didn't quite make it to r/all.
+It's not something people around me talk much about so I'd love to hear how other people approach wishing wells at weddings. Do you calculate based on other wedding costs (flights, accom), relationship to the couple, or any other factors? What is your typical amount?
+Let's say you want to buy a house that is 745k and the deposit is 111k. You obviously need to save 111k but then there's also moving costs, furniture, and of course you want to have some savings left over. 
+
+Not looking to buy a house I'm only 20 but I'm just curious because I don't know a lot about this topic.
+Hello everyone, I'd like to give a huge thank you to everyone for the information and advice that is constantly flowing out of this sub. I just yesterday closed on my first duplex that I will be owner occupying and I learned a ton about the process from this group, so thanks everyone! I've inherited a tenant on both sides, and I'm hoping to leverage experience in this group to find the best way to start off my relationship with them. Unfortunately I do have to give one tenant a notice of non-renewal because I need to live there, but with the other tenant I do plan on hopefully keeping them there. Any advice, tips, or must-do's would be appreciated! I'm also struggling to understand all of the logistics that go into acquiring a property such as transferring utilities, collecting rent, etc... Thanks again everyone!
+
+EDIT: Thanks for all the comments everyone, super helpful! I went and stopped by to introduce myself to the tenants yesterday and found that the ones I would've had to kick out are actually moving at the end of December, so everything's looking up!
+Hello,  this question is directed at full time traders of all ages/experience levels. I am a profitable trader but only part time and I'm wondering how life would look as a full time trader.
+
+What timeframe do you trade and how often are you on the screen?  What does the rest of your day look like?
+
+Do you trade and travel or just stay at home? 
+
+Do you get lonely/bored or feel disconnected without a "normal" job? 
+
+After consistent profitability over many months do you still find it fullfilling?
+
+Do you have any other projects or just focus on the trading? 
+
+Any regrets at all? Any negatives from being a trader (perceptions from friends/fam/dating etc)? 
+
+And ofc what are the good parts of being a full time trader? 
+
+So yeah im just trying to gauge whether full time trading is for me or to continue alongside my career. I'm undecided atm and would appreciate hearing about people's experiences.
+The Daily discussion as its current state is a total mess. New altcoins appear literally almost everyday and it's absolutely insane to put all the discussion about them to the same daily thread. Actually I think it's not even allowed to talk about them if it's not related to Ethereum in any way, but I think banning isn't the best option.
+
+Many people have suggested a separate thread just for altcoins, to clean up the clutter. Doesn't really sound that bad to me. It would make the reading and discussing so much more enjoyable.
+My husband and I have 3 properties / 4 units. Up until now we've self managed (literally interviewing a property manager tomorrow).
+
+A little over a year ago we rented a SFH to a tenant. It was supposed to be Mom, Dad, teenage son and Mom's mom. We also allowed them 1 pet, a lab.
+
+They weren't the best renters. There were people over there all the time and up to 8 cars all over the driveway and into the street. We saw pets in the house that weren't covered by the lease (we told them to get rid of them, they said they did). Rent was often late (but always paid eventually, including late fees).  Just a ton of stuff like this. Broken screens. Calls from the utility company that their payment was late.
+
+Eventually, way too late, we finally figured out their adult son and his wife and kids were actually living there as well. We were fed up.
+
+Lease was up at the end of Dec. We told them to move on, we did not want to renew.
+
+They were supposed to be out by Jan 1. Finally on Jan 5 they were out. We went to the property and it was beyond disgusting. They must have been hiding animals in there. Every room had animal pee and poop on the walls and the floor. Certain rooms were covered in pet hair--even up the walls. We have kids (6th grade, 5th grade, 3rd grade) and we brought them along to help us clean, but when I saw how horrible it was I wouldn't let them in. It stunk so bad (I gagged!) and there were so many feces there I was worried about their health (I can't believe they had children living in there! Including a newborn!)
+
+My husband and I spent the entire weekend cleaning (I'd estimate 36 hours if you added up both our time). We had to rip out carpets in 3 bedrooms, Kilz the floor. We had new carpet installed yesterday. We washed the entire interior of the house with Murphy's oil soap and water. Washed and disinfected the floors several times. We needed two dumpster bags for trash which was left and old carpet disposal, etc.
+
+And that doesn't even include the damage that was done that we're probably not going to repair. Their stupid dogs gnawed on every sharp corner in the house. Several out facing corners of trim are gnawed off. Cabinet corner is gnawed off. The house has brand new windows and even one of the operators is gnawed on.
+
+Deposit was $1350. We've blown far past that. We also called the utility company (to switch it over) and found out they have a $400 bill there that they haven't paid yet. If it remains unpaid, it will eventually be added to as a lien on our property.
+
+Is it worth going after them through small claims? I'm sure they have no money (because they spend it all--one month they bought a fishing boat and were late on rent. We saw boxes for expensive video game systems... just stuff like that). Is it worth it?
+According to unofficial over the weekend exchange rates Russian ruble is down by about 50%.
+
+Analysis by Paul Sonne from Washington Post.
+
+  
+"Russian bank Tinkoff now offering to exchange rubles for dollars at a rate of 171 rubles per dollar. It was 83 before the European/US announcement about targeting the Russian central bank. Currency market formally opens tomorrow. This is brutal. "
+
+​
+
+https://preview.redd.it/8wljxfeqgfk81.png?width=1101&format=png&auto=webp&s=0552cc2b01039c7aeb560c96cd9e3acc7053fe55
+
+According to coinmarketcap crypto has not yet realized this, and Bitcoin trades at the same price to RUB as usual. Even as Tether shows the drop.
+
+​
+
+https://preview.redd.it/frh8m7hsgfk81.png?width=1445&format=png&auto=webp&s=b6e0b523b745652fb1dfa6123085d03c14012397
+
+Of course CMC can just be broken and not show the actual ruble/BTC rate. But be careful out there, and selling any crypto for ruble might be a really bad idea.
+
+Of course if you have Rubles and any exchange still takes them, it might be a really good idea to switch to crypto, before the market wakes up :)
+https://www.nytimes.com/2019/08/24/world/europe/trump-g7-summit.html
+
+BIARRITZ, France — President Trump asserted on Saturday that he has the authority to make good on his threat to force all American businesses to leave China, citing a national security law that has been used mainly to target terrorists, drug traffickers and pariah states like Iran, Syria and North Korea.
+
+“It’s difficult to move out of China, and any time they are forced to do so by tariffs, this is a momentous act,” said Ker Gibbs, president of the American Chamber of Commerce in Shanghai. ”We are in no position to give up the China market — it’s too large, it’s too important.”
+
+Under the International Emergency Economic Powers Act, a president can declare a “national emergency” in case of “any unusual and extraordinary threat” to “the national security, foreign policy, or economy of the United States” from abroad. This triggers special authority for the president to regulate “any transactions in foreign exchange” by Americans.
+[https://www.msn.com/en-us/money/other/bitcoin-has-no-value-people-banks-of-china-official-announces-further-crackdown/ar-AANOYqC?ocid=wispr&li=BBnbfcL](https://www.msn.com/en-us/money/other/bitcoin-has-no-value-people-banks-of-china-official-announces-further-crackdown/ar-AANOYqC?ocid=wispr&li=BBnbfcL)
+My friend has never done her taxes. She worked as a personal assistant for quite a few years and was paid cash the entire time. She's working at a restaurant now and has a w2 for last year. She wants to fill out a FAFSA form for school but she needs tax documents from years prior. She's asking for my help, but I have no idea where to start. Any thoughts? 
+Apes,
+
+[https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-005.pdf](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-005.pdf)
+
+starting from page 42 you get a disclosed comments regarding rule SR-DTC-2021-005 with NAMES and E-MAILS.
+
+Everybody, who send comments, please be careful. You might get unnecessary attention.I recommend you changing your password on e-mails and enabling 2FA.  
+
+
+EDIT1: /u/FordicusMaximus made a best security practises.
+
+[https://www.reddit.com/r/Superstonk/comments/nojpde/best\_security\_practices\_for\_protecting\_self\_and/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/nojpde/best_security_practices_for_protecting_self_and/?utm_source=share&utm_medium=web2x&context=3)
+
+Edit2:
+Check out comment https://www.reddit.com/r/Superstonk/comments/o0n8li/apes_who_wrote_regarding_the_rule_005_your_email/h1w1675?utm_medium=android_app&utm_source=share&context=3
+Has anyone else been thinking more lately about permanently downshifting because of an experience during the pandemic? The pandemic has really changed my perspective on the value of my time and how much my health is really worth vs. additional retirement savings. It's been really sad to see and know people that have worked their entire lives, saved millions for retirement, only to go into a nursing home and have their time cut short because of a global pandemic.
+
+I've been thinking a lot about this. I'm contemplating throwing away the idea of traditional retirement at 65-67 and working \~20 hours a week until I hit 70-75+ because I find it fun. I actually do love what I do (software development and data analysis) but I don't enjoy the politics of the corporate world, and I have a desire to learn outside of my niche, maybe do a Ph.D.
+
+We've been saving hardcore for the last 10 years, and the only debt we have left is our mortgage. If we pay that off, we can afford to downshift to part-time in about 2-3 years and have ridiculously low expenses, even with picking up our own medical insurance. We're in our mid to low 30's and we are just not interested in climbing the ladder and living on a massive retirement built around spending money. Our hobbies typically just require healthy bodies, brains, and time (i.e. gardening/playing music/dancing/working out) and it just doesn't seem like many people hit retirement age with good health in America.
+
+Are we crazy? Is anyone else re-evaluating their life hours, too?
+**^((This post is mainly for beginners in Forex that are struggling in support and resistance levels, although you more experienced guys might also learn a thing or two, this also doesn't go over how to use them to enter trades, although I could make a post about it if it is requested)****)**
+
+# How to correctly mark support & resistance in most markets
+
+First thing to realise is that s&r levels are *not really levels*, they are **zones,** sometimes the price just misses the level and other times it goes just over, but it still reverses/breaks out off the general level. You will rarely find the exact level of where the price will reverse. There is no exact criteria on what makes a level significant levels, but you will eventually get better as you pipe in more experience into the market.
+
+​
+
+**What even is a support/resistance zone?**
+
+Simply put a support or resistance zone is a price the market has had experience with before. In the book "Naked Forex"  Alex Nekritin puts perfectly that s/r zones are just market scars. Market scars that the price has visited before and will try to stay away from as best as it can (*but sometimes breakouts occur, more on that later*).
+
+**Do zones expire?**
+
+This is very subjective, some say the older the level the less valid it may be, and others vice versa. I personally believe they don't expire and significant zones stay valid unless disapproved by appropriate price action. Your answer may be completely different, everyone's experience with the market is different
+
+**What are these "breakouts"?**
+
+Breakouts are when the price doesn't respect the level. Most of the time the price respects a level and reverses off it, however that can only happen for some time, (*if this happens for a period of time where the price is bouncing off a support and resistance it is known as consolidation*). Of course it can't keep trading in a range forever, breakouts have to happen. Breakouts mostly happen within high volatility, either from news or just the time the market is open, however the price can also just wonder through the zone, creating a less volatile breakout. You may also experience the price going over a zone and then returning into it;
+
+​
+
+On chart 1 below you can see a bland chart, just load up any trading software and you should see something like this. We can see the price recently has been on a decline on the last four candles.
+
+[EURUSD H1 \(Chart 1\)](https://i.redd.it/6bdloilih7b21.png)
+
+To the untrained trader, this looks like guess work to place a good significant level. Wicks flying everywhere, this is where tip #1 comes in.
+
+​
+
+**Tip #1: Change your candlestick chart into a line graph**
+
+[EURUSD  H1 \(Chart 2\)](https://i.redd.it/v1hxkg8dl7b21.png)
+
+This very simple tool removes all of the wick clutter and just gives a nice line of how the price has been moving (*Keep in mind this only shows the close of the time frame and doesn't include wicks*). Thus it makes marking s/r lines way way easier. Just off this you can place lines where the price has reversed, don't add too many as that could also be too bad for you (*check tip #2*)
+
+Another thing to keep in mind is that if a price curves and reverses, this usually shows a stall on the zone and is an important level to manage. (*Check Chart 3*)
+
+On Chart 3 you can see some levels I've added in that respond to the recent price on the line chart:
+
+[EURUSD H1 With S\/R \(Chart 3\)](https://i.redd.it/kkcoi2mfo7b21.png)
+
+After you've added your s/r you can switch back to normal candle sticks to further evaluate your zones.
+
+[EURUSD H1 With S\/R Candlesticks \(Chart 4\)](https://i.redd.it/brwxfento7b21.png)
+
+​
+
+**Tip #2: Don't over-add unnecessary levels**
+
+This mostly occurs if you don't have patience with the market and want to rush into a trade. Don't try and scavenge for any little s/r zone as they could easily end up failing if they haven't been tested and confirmed. It will also prevent you from finding any valuable trades.
+
+You don't want your chart looking like this, where would you even start looking for an entry?
+
+[Jumble of messy lines](https://i.redd.it/ehlybqrrp7b21.png)
+
+**Tip #3: Draw major zones on higher time frames**
+
+Say you enter your trades mostly on H4, draw your major zones on the D1 chart. As well as this you can draw minor zones in time frames smaller than your usual one, like from H4 to H1.
+
+Just a little tip you could keep in mind.
+
+​
+
+Those are just three tips that really help me out when drawing my s&r zones  (*they might not work out for you but it's worth giving them a shot*) and I have tried making this post as beginner friendly as possible, so I really hope you all learned something from this post.
+
+​
+
+^(This post was heavily inspired by Naked Forex, you can find a PDF of it) [^(here)](https://s3.amazonaws.com/bearj/Naked.Forex.HighProbability.Techniques.for.Trading.Without.Indicators.pdf)
+
+Edit: Typos
+I can see the merit of super 
+
+But with the preservation age only rising by the year. I’m 33 and the preservation age will likely be 70-75+ by the time I can access super.
+
+I understand the average age is increasing. But most people lose their health above 65-70. So you’re accessing your super when you can no longer enjoy it
+
+I think if you reach a certain figure (ie. $500k or something), you should be able to access it early. 
+
+Likewise, I think salary sacrificing to your super is a joke for the above reason. The first thing I learnt studying finance is money today is worth more than tomorrow (present value) 
+
+Who’s with me?
+If you are not helping others out now with what you have now (time, talent, .$$) you may find yourself in the same state when you’re $$$$$$$$$?$. If you’re falling back into bad habits or are unable to kick them or have a tendency to want to do something but can’t because of $$ you may find yourself worse off after MOASS. If you expect $$$ to fix problems in your relationship or think $$$ is your savior, you may be disappointed. Get right with your god and prepare your hearts for big numbers. Some will jump when it reaches a number near their paycheck, salary, their outstanding debt… an emotional event it will be. Steel yourselves, and don’t think you are ready if you haven’t prepared your hearts. Yes we have had a lot of perseverance in the 1.5 years of wilderness, but that doesn’t mean anything if you haven’t used that time to work to being better people. A diamond handed ape who has no heart for people, will become the very thing they hate. Don’t ignore the lottery statistics, you can’t escape the law of big numbers if you’re not intentional with your practice and character development. Do good and be good to others.
+I'm 28 and I've saved £10,000 so far for my retirement but I have even more in debt. I earn £1200 per month after tax, bills and groceries.
+
+I have £5000 in loans from my family, £1500 credit card debt, £4000 that has been referred to a debt collector agency. Totalling £10,500. My credit score is less than 400 because of the £4000.
+
+My priority is to pay off the credit card debt, then family debt, then debt collectors.
+
+Should I use my retirement savings which I have to go through a special hardship request to take out or should I slowly pay off everything using my income which would take me probably 1 year to do if I do it as quickly as possible. The other thing is I'm a new immigrant to this country and starting from scratch as I have no possessions, family or friends here. I want to prioritize paying off my debt but if I do this through my income then I'm not going to afford anything else.
+Been reading on the wheel and selling for premiums for awhile now and I would like to get into it. However, is sounds like I am going to need a ton of cash in order to do it?
+
+Am I wrong here? If so, can you point me in the right direction? Thank you.
+
+Edit: I have done a ton of research based on what you guys suggested and I posted a huge reply near the bottom. Thanks!
+Today I sat down to tally up how much I spent in 2020 to have a better understanding of my FIRE journey. After hours and hours on Personal Capital and Excel I simply gave up! It's way too convoluted and opaque to me. I have many credit cards and bank accounts. Multiple broker accounts and two properties. The number of transactions and money transfers between accounts are simply unacceptable. It was as if I'm a day trader! 
+
+As a goal this year, I want to make my financial life simpler:
+
+* I'm going to [sell my other house](https://old.reddit.com/r/fatFIRE/comments/n5xfrh/fat_reverse_mortgage/) and convert it to REIT shares
+
+* Go [fully BogleHead](https://old.reddit.com/r/Bogleheads/comments/mnmzf5/my_portfolio_is_healing_transition_is_in_progress) on my investment side.
+* Most of my money is in Fidelity anyways so I'm going to close my Robinhood account 
+* Use a single credit card for everything. I really don't have time for [Churning](https://www.reddit.com/r/churning/)
+* Use a single banking account: Schwab Investor Checking
+
+
+What is your experience with financial simplicity? Do you have any tips to share?
+https://www.cnbc.com/2022/11/23/amazon-to-spend-1-billion-on-theatrical-releases-boosting-cinema-stocks.html
+
+The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number of films will be produced in 2023 as Amazon builds up its output, the report said.
+
+Cinemark jumped 11% on the news, with IMAX
+ up 7% and AMC
+ up 5%.
+Hi All,
+
+I've been scalping large caps stocks here and there and I see that many youtubers or trading gurus only trade small caps. Is small caps the way to go for a profitable day trading career? I never really touched small caps before because TDA wont let me short these stocks anyways.
+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!
+
+Immediately ban any shorting of Gamestop. You know, like the SEC did in 2008 to protect the banks during the housing meltdown. If the SHFs have covered, like they say they have, they shouldn’t care about this. Then we can see what the market truly believes that share price should be. Come on SEC. I dare you. I double, dog dare you!  You have nothing too lose unless you know something the Apes don’t know. Hmmm…
+
+Edit: many have suggested that the SEC also stop allowing GameStop orders to be routed through Dark Pools. While I agree with this, any good scientist knows you only change one variable at a time when performing an experiment. So once this experiment concludes then we can move on to performing the Dark Pool one. 🚀🚀💎💎🙌🙌
+So I found this MF while looking for funds which invest in markets apart from India and US. There are two funds :Nippon India Japan Equity and Nippon India Japan Equity Bonus .
+
+I would like to know what is the difference between the two as holdings of both are same on Kuvera.
+
+Is it any good to invest in Japan for someone who is already investing in US for diversifying?
+
+What about currency appreciation and depreciation?
+I am fairly new to investing and so am looking to invest for retirement (S&P 500 etc, mostly vanguard or fidelity). Most investors and books I've read talk good about index funds and mutual funds but I see a lot of people here going for ETFs. I personally don't want to invest in ETFs and would rather go for an Index fund. Is this possible living here in Europe? Or are ETFs the only option and that's why most of you are investing in them?  
+
+
+Edit: I got the answer to my question. Thank you so much to everyone who took the time to answer. 
+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!
+
+Listen, I’m lucky enough to have been extremely financially stable for most of my life. Got a good job, a paid house, … And I don’t care much about having a lavish lifestyle.
+
+I pledge to only sell between 1 and 5 shares on the way down if we reach 10-15M+. I want all my fellow apes to get life changing money, no matter if you hodl X or XX.
+
+This isn’t about money for me anymore, this is about investing in a company that made me who I am today, as well as shaking up the US financial system.
+
+Your move, Citadel.
+
+EDIT: Due to popular demand, changing my floor to 10-15M, point still stands.
+So me and my wife will be paying our house off soon and looking to rent it out and buy a home with about 2 acres of land (which is easy to do in our area). We are thinking about building 4 tiny homes and making them look really nice and possibly turning them into air bnbs plus short term rentals for medical students, we live in a huge medical district and my wife is a nurse and has access to resources to advertise to med students. We also have the advantage of having a major golf tournament that comes around once a year where literally every hotel and air bnb is booked.
+  My question is, does this sound like a good idea, and what are some issues or concerns I'm not thinking about? I'm a residential home builder, so i have a good idea on what each tiny home would cost and how to build them. Any advice would be greatly appreciated
+
+Edit: first off thanks for the responses I've received. So to add a little more info, the tiny homes would actually be a 20 x 20ft 2 story tiny homes ( living room and kitchen downstairs, bed and bath upstairs), they would have all the amenities a regular home would. The area i live isn't necessarily a vacation spot, but people come here all the time for business. So my thinking is if the air bnb side is going slow, i can do short term rentals with the influx of medical personnel that are constantly coming through, and with the numbers ive run i could be booked only half the year and still turn a decent profit. Are there any people who are currently doing air bnb that have advice?
+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!
+
+Don’t get too excited too soon. The hedgies tried beating your ass and you didn’t flinch. Now they’re gonna jerk you off and hope you blow your wad early. We’re here for total fuck you money, no exceptions. The mother fucking floor is $69,000,000. NO FUCKING EXCEPTIONS!!!! 🖕🏻🖕🏻🖕🏻🖕🏻🖕🏻
+
+Edit: much thanks and love to the apes who awarded me. We hold together! 🦍
+[https://www.reuters.com/markets/deals/twitters-former-security-head-alleges-company-misled-regulators-about-security-2022-08-23/](https://www.reuters.com/markets/deals/twitters-former-security-head-alleges-company-misled-regulators-about-security-2022-08-23/)
+
+ Aug 23 (Reuters) - Twitter Inc [**(TWTR.N)**](https://www.reuters.com/companies/TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company's former security chief Peiter Zatko said in a whistleblower complaint.
+
+In an 84-page complaint, Zatko, a famed hacker more widely known as "Mudge," alleged Twitter falsely claimed it had a solid security plan, according to documents relayed by congressional investigators.
+
+The accusations come as the social media company battles Elon Musk in court after the world's richest person attempted to pull out of $44-billion deal to buy the company, citing Twitter's failure to provide details about the prevalence of bot and spam accounts.
+our babies are all grown up now 😭 
+
+$mvis is at $23 today from 20 cents
+
+$uavs is at $15 today from 30 cents 
+
+don’t say this sub can’t make you money.. 
+
+made honest gains and walked away a long time ago from these... like many of us did that were around then..  and to those still holding 🥂 
+
+**$srmx** is my only true penny currently in the portfolio.  not making this mistake again.
+
+*edit — you can add $nndm to the list*
+[Graph](https://imgur.com/a/wnm65c4)
+
+This is a follow up post to my [last one](https://www.reddit.com/r/financialindependence/comments/bjghrb/from_10k_to_500k_in_6_years_with_graph/). A few different things have happened in life and I figured I'd give y'all an update. This is my wife and I's journey from poor recent college grads to financially stable adults! This graph starts 6 months after graduating college when I had already accumulated 30k and ends on Nov 30th 2019. It's really cool to begin to see the exponential growth and how fast my investment returns are beginning to outpace my salary.
+
+Since the last updated I've:
+
+* Sold my Amazon Affiliates website for \~70k
+* Had a kid (almost 4 months old already!)
+* Fully moved into my new house and did all my preliminary big tasks like putting in a bigger patio, stonework, etc.
+* About to start a new job
+
+Some answers to common questions are below:
+
+*  This spreadsheet was built in google sheets using the stacked area chart type
+* Wife and I are both 28 years old, live in Houston, TX and had our first kid 4 months ago. We got married in July of 2015. (This graph shows combined finances)
+* Total expenses for the kid were 2k for "stuff" (furniture, car seats, crib, etc.) and 6k total for all birth, epidural, check-ups etc. Daycare is 1.1k a month. We've found this has had basically no effect on our overall savings rate at this stage of our FIRE journey. We are not saving separately for the kids college expenses but will instead just skim some of our investments off if need be.
+* I managed to get 30k by myself after only 6 months out of college by working and saving from my 20hr/week job during college for 4 years and living extremely cheaply during my first year afterwards.
+* Real estate is not included on this graph, for reference I currently have around 155k in equity in my home and owe 184k (total value of house is \~340k) . I have a 15 year mortgage at some absurdly low interest rate. I do pay off a little extra month because it makes me feel good.
+* I keep a 30k emergency fund in my savings account for....emergencies.
+* The dip in the middle of 2015 is when I bought my first house (224k 10% down payment) and then the month after I got married
+* The dip in the end of 2018 is when the stock markets dipped a bit and I bought my next new construction house (340K 20% down payment)
+* Wife and I are both engineers (Electrical and Mechanical respectively) in the oil and gas industry
+* Paid off student loans somewhere in 2016, I don't remember when exactly as they were not astronomically high my wife had loans, I did not. In terms of "family help" my parents gave me 2k to use as a down payment on a car (which I still have) and sent me on my way. My wife had an old car already out of college which we also still have.
+* My taxable investments are 100% invested in VTSAX with vanguard.
+* I record data points for my graph at the end of each month and look at every account I have money in.
+* I have no credit card debt and pay it off at the end of every month.
+* Both my and my wife's vehicles are fully paid off and we plan to run them into the dirt (even is she thinks otherwise!)
+* Salary for me went about as follows with 2 years between major increases (64K starting -> 74K promotion ->97k current job -> 110k new job I should start Jan 2nd or so)
+* Salary for my wife was (78k starting -> 84k promotion -> 93k promotion)
+* Basic investment strategy (max 401k's-> max IRA's -> invest 80% of the rest in vanguard -> pay a bit extra on the mortgage
+* My end goal is 3MM by 40 years old where I plan to FIRE in style!
+Topic. I like Catherine Wood’s thesis of the market not being able to properly price in innovative companies. 
+
+For example amazon coming up with AWS and 6Xing in value since then. Or Tesla announcing batteries with significantly higher life span. Or square announcing opening physical banks. What other companies do you think are just as innovative today? Why?
+Okay, so hear me out guys. I’m nineteen years old, working a lil’ job maybe making upwards of $160 a week, plus more if I choose to do some side work as well. I should be going to college, but I’m kinda putting it off for now. I live with my parents, and don’t really pay bills outside of my phone bill, and the occasional flight here and there.
+
+But let me tell you, when I see that $0.00 in my savings, I feel like shit. Everything else good in life just fails. I completely and utterly feel as if I have no hope, like everyone else that is successful in life started saving way before me. I don’t know if the excessive worrying and intrusive side to my depression disorder is making me overreact and feel terrible, or if I’m actually fucked and I should just give up, continue to blow my money on food and drugs, and ultimately feel like everyone in the world has passed me by.
+
+I would absolutely love to hear your input. Thanks, guys. ❤️
+
+
+
+EDIT: oh my god, I wish I could reply to every last one of you 💓😭. your advice, criticism, and insight has genuinely made me feel better about the situation I’m in. I’m going to work on my mental illness and start saving my money! And Once I move next month, I’m gonna work to tone it down on the drugs, and get into college. I’ve read every last comment, and will to continue to do so in the future, always reminding myself that it’s not too late for me! 
+
+From the bottom of my heart, i thank each and every last one of you 🖤
+My wife and I have arrived at fiRE status with a net worth north of $10M and our next step is going to be to buy our dream home for our family. 
+
+The home will likely need a down payment of around $1M to $1.5M - probably in about a year or so. We’ve been investing in the markets about a million a year from our business profits and so the plan is to start to build up cash rather than doing what we’ve usually done - regularly adding to our broad array of investments. Those investments are all long term. 
+
+But the next million or so will be needed for a down payment so it’s not appropriate to put those short term dollars into those sorts of investments. The question is where to park that money and earn the most on it but in a secure/conservative way. Inflation just eats away at it and bank interest is de minimis. 
+
+Any suggestions on where to park these funds?
+
+EDIT - There is some discussion about home price and such so I figure I’ll help by putting some meat on the bone: I’ve been in business for 20 years and revenue and profit have been very predictable. Profit will continue to be anywhere from $1.5 to $2.5M per year. I’m already semi-retired with no intention or need to sell because I can largely sit back and let the business continue to operate and continue making this money long term. Selling would only give me a few years of these profits because I’m not in a business that fetches 10x or 20x multipliers.  It may also be worth mentioning that we sold another business recently and have equity as a result that is likely to net us another $1M to $2M in a few years. 
+
+A loan amount of say $3.5M on a 30 year fixed at around 4% interest these days is $16,500 a month or about 200k per year. That represents about 8 to 13 percent of our gross depending on gross any given year. Add a little more for taxes and insurance and we’d be spending about 9 to 14% of gross. Standard rule of thumb is to stay within 28% so we will be well under - less than half and perhaps spending only one-third of the “rule of thumb.” 
+
+Couple other fun facts to add: until last year I was also paying state tax in a high income tax state and now pay zero (we moved where we currently rent). So saving around 100k per year in state taxes that I am happily reallocating towards the new house. And even more fun fact - I’ve been paying alimony of between 200k and 450k per year for the past 10 years and that likewise has come to a grinding halt. So we’ve been living our lives watching about $400k flying out the window every year in state taxes and alimony that we now get to keep. And we’ve done it without breaking a sweat. So the idea of now taking a mortgage paying 200k per year (our prior home was about 100k per year in mortgage) for a 100k increase whilst finding ourselves with 400k extra per year to cover that 100k delta sure seems like a no-brainer from first hand experience.
+
+I’ve probably only inspired more questions with the above but anyway there you go!
+Howdy Fucko's, its been busy busy busy.....
+
+​
+
+Not a lot of preamble this fortnight, straight in like a sneaky Red Wednesday with all the grace of a failed T+2.
+
+ 
+
+By the way, unless you do something spectacularly epic or dodgy that warrants instant banning, we settle bet/ban accounts every Friday fortnight, usually around the time this posts. 
+
+**Mods** are fickle and lazy creatures, we like links to stuff so we can ban folk and this post makes that easier.
+
+​
+
+It also gives the legion of the ~~damned~~ banned a chance to all congregate and hop a boat ride over the Styx to Hades together, [Charon](https://greekgodsandgoddesses.net/gods/charon/) has been doing group rates since the sub started.
+
+​
+
+You're welcome to go and lurk on r/ASX_banned for the duration, but be aware that the degenerate's degenerate u/plucky26 rules the roost over there.
+
+​
+
+**Also, Mods have banned several sock puppet accounts lately and want to remind you that ANYONE caught using alts will be banned.**
+
+**We have our own Blade Runner, fuck with him at your Peril.**
+
+​
+
+​
+
+**UPDATES**
+
+​
+
+​
+
+\- We have a [New Flair.](https://www.reddit.com/r/ASX_Bets/comments/mqq6ok/new_flair_is_not_it_scam_dream_for_suspected/?utm_source=share&utm_medium=web2x&context=3) Y'all are free to use it, but don't abuse it. 
+
+Also, read the back story linked above in **Ruins** post, its quite simply wonderful.
+
+​
+
+\- u/x_feather picked up a lot of love from the Autist brigade for the [gambling addiction post](https://www.reddit.com/r/ASX_Bets/comments/mr8835/i_have_a_gambling_addiction_dont_fucking_t2_if/?utm_source=share&utm_medium=web2x&context=3). 
+
+Always sobering reading when these posts pop up.
+
+Its a fucking jungle out there gang, stay cool.
+
+​
+
+\- u/StinkyFatWhale has rocked the boat again, this time for a follow up [Donations Post](https://www.reddit.com/r/ASX_Bets/comments/mpzbju/it_is_done/?utm_source=share&utm_medium=web2x&context=3) from **THE PURGE.** 
+
+​
+
+\- u/Mutated_Cunt set the sub on fire with their [Next Pump Write up](https://www.reddit.com/r/ASX_Bets/comments/mna7wb/the_next_pump_a_comprehensive_analysis_of_the/?utm_source=share&utm_medium=web2x&context=3) and the subsequent [evisceration](https://www.reddit.com/r/ASX_Bets/comments/mrwmvg/the_missing_link_of_next_investors_why_you_should/?utm_source=share&utm_medium=web2x&context=3) post.
+
+Reading these posts in the order they were written helps you get a gauge of the whole scenario this user poses.
+
+​
+
+\- u/fitterking3000 turned a negative into a positive, or possibly gained a double positive depending on your perspective. 
+
+Suss out the gains and the story on the [link here.](https://www.reddit.com/r/ASX_Bets/comments/mras0s/turned_an_engagement_ring_deposit_into_a_house/?utm_source=share&utm_medium=web2x&context=3) 
+
+​
+
+\- u/HussySmurf has been at it again, getting creative and putting together a [New Video](https://www.reddit.com/r/ASX_Bets/comments/mv1jsh/autists_ᵗᵒᵍᵉᵗʰᵉʳ_ˢᵗʳᵒⁿᵍ/?utm_source=share&utm_medium=web2x&context=3) for all you Autists to enjoy...
+
+​
+
+​
+
+**NEW BETS**
+
+​
+
+​
+
+**-** u/reecej_nz has thrown down the [gauntlet](https://www.reddit.com/r/ASX_Bets/comments/monb6t/dw8_ceo_dean_taylor_interview/gu5759i?utm_source=share&utm_medium=web2x&context=3), stating on September 30  **JXT** will have a higher share price than **DW8** or they will take a one month ban. 
+
+Currently, u/kinky-penguin and u/ybsh_ have accepted the challenge, will any more be [following suit](https://www.reddit.com/r/ASX_Bets/comments/mp2ejm/market_open_thread_for_general_trading_and_plans/gu8mlqh?utm_source=share&utm_medium=web2x&context=3) ?
+
+​
+
+\- u/spank-hair bet a 2 week ban on **Z1P,** claiming it [would close green](https://www.reddit.com/r/ASX_Bets/comments/mr35eh/market_open_thread_for_general_trading_and_plans/gujrhcu?utm_source=share&utm_medium=web2x&context=3) after resuming from its trading halt.
+
+​
+
+\- u/_Smoulder_  has [taken one for the team](https://www.reddit.com/r/ASX_Bets/comments/mpqin8/market_open_thread_for_general_trading_and_plans/guciou5?utm_source=share&utm_medium=web2x&context=3) betting **Z1P will reach $11.5 before Aug 31** or they will take a 31 day ban.
+
+​
+
+\- u/Therealdudka rounds out the **Z1P**\-tards with a  [Z1P to $20](https://www.reddit.com/r/ASX_Bets/comments/mrvxhd/z1ptards_together_we_strong_my_first_buy_was_at/?utm_source=share&utm_medium=web2x&context=3) by December 31st or 6 month ban throw-down.
+
+​
+
+There is quite a collection of **Z1PPY**\-tards popping up lately with bets, funny because **Z1PPY** has been pretty consistent in illustrating you will always, always pay later.
+
+​
+
+\- Writer of [Odes to Autists](https://www.reddit.com/r/ASX_Bets/comments/mv3q12/market_open_thread_for_general_trading_and_plans/gv9yims?utm_source=share&utm_medium=web2x&context=3), u/helloclaire has rolled the dice betting that [PUR will touch 10c](https://www.reddit.com/r/ASX_Bets/comments/mryj79/weekend_thread_for_general_discussion_and_plans/gutfyn4?utm_source=share&utm_medium=web2x&context=3) by todays post or they are having a week in the penalty box.
+
+​
+
+\- u/kosrach has bounced back from their latest ban with a more outrageous bet, claiming that [EGR will touch .70](https://www.reddit.com/r/ASX_Bets/comments/mtojyp/market_open_thread_for_general_trading_and_plans/gv0wkzf?utm_source=share&utm_medium=web2x&context=3) by today or they will take a **year** ban. 
+
+As with all touching, we can only hope it will be inappropriate.
+
+​
+
+\- u/A_Anderson151 has a weeks holiday riding on [IVZ hitting 25c by today.](https://www.reddit.com/r/ASX_Bets/comments/mr35eh/market_open_thread_for_general_trading_and_plans/gukwba6?utm_source=share&utm_medium=web2x&context=3) 
+
+​
+
+\- u/luner124 has a running bet with anyone on the sub who meets a certain criteria regarding **DW8**.
+
+Full details [here.](https://www.reddit.com/r/ASX_Bets/comments/mpqin8/market_open_thread_for_general_trading_and_plans/gubqiqi?utm_source=share&utm_medium=web2x&context=3) 
+
+​
+
+\- u/woodenlife has bet that MLX will close at or above **25c** after the quarterly release or its a [week in Exile.](https://www.reddit.com/r/ASX_Bets/comments/mnb8nd/adios_lketards_coward_fucks_and_a_vdhg_tattoo/gu4syvl?utm_source=share&utm_medium=web2x&context=3) 
+
+​
+
+\- u/MysteriousPunter has thrown down the Gauntlet on **KZA**, with a long running bet that it will touch $**3.50** by years end or they will be accepting a [3 month ban.](https://www.reddit.com/r/ASX_Bets/comments/mnb8nd/adios_lketards_coward_fucks_and_a_vdhg_tattoo/gu16jjl?utm_source=share&utm_medium=web2x&context=3) 
+
+​
+
+\- Current r/ASX_Bets darling u/zemadfrenchman is betting a $500 donation to Charity that  [EXR weekly VWAP is above 40c by today](https://www.reddit.com/r/ASX_Bets/comments/mulhzv/premarket_thread_for_general_trading_and_plans/gv9hyui?utm_source=share&utm_medium=web2x&context=3). 
+
+​
+
+\- u/w-j1m has bet FYI will be77.5c by the first week of May or they will take 2 [weeks ban](https://www.reddit.com/r/ASX_Bets/comments/mvavua/premarket_thread_for_general_trading_and_plans/gvavbqt?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+u/Mutated_Cunt has put their Next Investers DD to the test stating PRL will announce a [capital raise](https://www.reddit.com/r/ASX_Bets/comments/mudvrz/market_open_thread_for_general_trading_and_plans/gv63qw7?utm_source=share&utm_medium=web2x&context=3) within 2 weeks or they will have a 2 week ban
+
+​
+
+**UPDATE ON CURRENTLY RUNNING BETS**
+
+​
+
+​
+
+So there is a bunch of longer term degeneracy that needs bringing up to speed. Mostly just so we can keep a track of this shit, but its also fun to see how some of the big calls made earlier in the year are playing out...
+
+(And yes, I have an ''**ASX BETS**'' watchlist in my Commsex App with all the tickers you fucks are currently wagering on, its like a who's who list of *MeMe* stonks....)
+
+​
+
+ *-* [*u/JakeDaly18*](https://www.reddit.com/u/JakeDaly18/) *has made a bet on their low effort deleted post, stating that* ***NWE*** *will touch* ***10c*** *in the next 12 months or they will take a* [*6 month ban*](https://www.reddit.com/r/ASX_Bets/comments/kxluzr/nwe_rocket_emoji/gjb8r9w?utm_source=share&utm_medium=web2x&context=3)*.* 
+
+Currently, we are 3 months into this bet with the SP hovering in the 6-7c region.
+
+​
+
+ \- *Sub veteran* [*u/kooksy\_monster*](https://www.reddit.com/u/kooksy_monster/) *has made a pact to memorialize their* ***AVA*** *diamond hands by getting some* [*Ink when AVA hits $1.*](https://www.reddit.com/r/ASX_Bets/comments/ld2i7n/weekend_thread_for_general_discussion_and_plans/gm483k4?utm_source=share&utm_medium=web2x&context=3) 
+
+Currently been in a downtrend, as if you couldn't tell from the amount of angst in the dailies, its still a while off hitting the mark so no need to book time in the chair just yet.
+
+Carry on Gardening....
+
+​
+
+ *- In an interesting twist regarding consumption of disgusting shit,* [*u/WistfulWhiskers*](https://www.reddit.com/u/WistfulWhiskers/) *has made a bet stating that if* ***TLG*** *doesn't hit* ***$3 by April 30th*** *they will* [*upload a video doing a shoey with warm milk.*](https://www.reddit.com/r/ASX_Bets/comments/li4kri/thankyou_for_your_sacrifice_bans_and_updates/gniwcvb?utm_source=share&utm_medium=web2x&context=3) 
+
+\- This comes due next week, current SP is hovering around the mid $1 region....
+
+​
+
+*- We have a second hat eating bet, with* [*u/Hasra23*](https://www.reddit.com/u/Hasra23/) *claiming that* [*JXT will hit 30c by EOFY.*](https://www.reddit.com/r/ASX_Bets/comments/li4kri/thankyou_for_your_sacrifice_bans_and_updates/gniwcvb?utm_source=share&utm_medium=web2x&context=3)
+
+*The standard has been set regarding the* [consumption of hats](https://www.reddit.com/r/ASX_Bets/comments/iv47fk/autist_eats_hat/?utm_source=share&utm_medium=web2x&context=3)*, click the link to see that Legionare's caps were on the menu last time.......*
+
+SP is currently floating around the 7-9c region, time to start keeping an eye out for potentially tasty hats... 
+
+​
+
+*-* [*u/shitforbrainstoo*](https://www.reddit.com/u/shitforbrainstoo/) *has upped the betting ante, with a bold claim that* ***PSC*** *will hit* ***$1 by Christmas*** *or they will* [*get a tattoo of our mascot Koala*](https://www.reddit.com/r/ASX_Bets/comments/lj9yio/psc_mega_bet_ok_fellow_degenerates_this_is_the/?utm_source=share&utm_medium=web2x&context=3)*.*
+
+*All the relevant information is in the link, even some fancy graphs and shit that apparently mean stonks go up.....*
+
+SP has been floating around the 18-20c level recently, still a while to run on this one so back in the bottom drawer...
+
+​
+
+*-* [*u/FL0wstonks*](https://www.reddit.com/u/FL0wstonks/) *will take a 2 month ban if CZN does not touch* [*$1 by April 29th.*](https://www.reddit.com/r/ASX_Bets/comments/lgrqgf/czn_hit_at_least_1_by_april_29th/?utm_source=share&utm_medium=web2x&context=3)
+
+*We can only hope the touching will be inappropriate.....*
+
+This one fucking baffles me because the SP is down-trending to hover in the mid 4c region....
+
+A bet is a bet I guess... 
+
+Next week.
+
+​
+
+*-* [*u/reecej\_nz*](https://www.reddit.com/u/reecej_nz/) *and* [*u/cheebaihai*](https://www.reddit.com/u/cheebaihai/) *have a bet running with* [*The JXT price on July 31st.*](https://www.reddit.com/r/ASX_Bets/comments/lf7455/daily_thread_for_general_trading_and_plans_for/gn1ab54?utm_source=share&utm_medium=web2x&context=3)
+
+*It's a 2 week vacation for one of these Autists depending on the 30c break.....*
+
+Still a little off, one of them can keep hat guy above company soon...
+
+​
+
+ *-* [*u/loaf-of-breddit*](https://www.reddit.com/u/loaf-of-breddit/) *will take a* ***perma-ban*** *and upload a Happy Gilmore style video admitting defeat if* [*LKE hits $6 before christmas*](https://www.reddit.com/r/ASX_Bets/comments/lpjav4/we_lke_the_stock_we_lke_the_stock_we_lke_the_stock/gobybiq?utm_source=share&utm_medium=web2x&context=3)*.*  
+
+Again, a while away with but the first batch departing last week, however they may need another seat on the good ship **LKE**\-tard.....
+
+​
+
+ *-* [*u/Exalted\_HC*](https://www.reddit.com/u/Exalted_HC/) *has decided to* [*take on*](https://www.reddit.com/r/ASX_Bets/comments/lr68q7/premarket_thread_for_general_trading_and_plans/gokicw7?utm_source=share&utm_medium=web2x&context=3) [*u/BigJimBeef*](https://www.reddit.com/u/BigJimBeef/)*'s record of 28 bags. With 12 months to play out and a pizza at stake, such big names will be sure to draw a crowd.* 
+
+This one comes due around March next year, back in the bottom drawer. 
+
+The bet, not the pizza....
+
+​
+
+*-* [*u/EvilShogun*](https://www.reddit.com/u/EvilShogun/) *has bet* ***IOU*** *to hit $1 by the end of the financial year or they will post the* [*survey post*](https://www.reddit.com/r/ASX_Bets/comments/lsj8c5/market_open_thread_for_general_trading_and_plans/gosd8b9?utm_source=share&utm_medium=web2x&context=3)*.*
+
+In an odd twist of fate, this previously would have seen u/EvilShogun banned until sometime after the Sun burnt out, yet after the **Mods** reduced ban lengths for the Survey Post user will only serve a 1 month suspension.
+
+​
+
+*-* [*u/FameLuck*](https://www.reddit.com/u/FameLuck/) *reckons* ***BPH*** *gets* [*approval*](https://www.reddit.com/r/ASX_Bets/comments/lxbdeh/i_have_used_this_picture_before_but_its_more/gpml9ts?utm_source=share&utm_medium=web2x&context=3) *by May 31st or they will take a year ban.*
+
+No sign of the mythical approval yet, an update would be appreciated by anyone who actually follows this approval shit in the comments please....
+
+​
+
+ *-* [*u/ninenet909*](https://www.reddit.com/u/ninenet909/) *has made a bold bet, stating that* [*EXR will touch $1*](https://www.reddit.com/r/ASX_Bets/comments/m3cyi6/weekend_thread_for_general_discussion_and_plans/gqqpggi?utm_source=share&utm_medium=web2x&context=3) *by December 30th or they will shave a line down the middle of their head. We have not yet finalized a length of time for said line to remain in-situ, suggestions are welcome in the comments section but the minimum is 72 hours.* 
+
+Currently sitting around 44-47 cents and has been on a pretty hot run up, still a while for this to play itself out...
+
+​
+
+ *-* [*u/crookgypsy*](https://www.reddit.com/u/crookgypsy/) *claims* ***ADX*** *will hit 1.4c by* [*mid year*](https://www.reddit.com/r/ASX_Bets/comments/m6ug3z/premarket_thread_for_general_trading_and_plans/gr8bsvg?utm_source=share&utm_medium=web2x&context=3) *(June 30th)* *or they will take a months ban.* 
+
+Currently hovering around the 1c region and in a bit of a holding pattern...
+
+​
+
+*- A recent long termer is* [*u/ChainImaginary*](https://www.reddit.com/u/ChainImaginary/)*. This user has come up with a bet that* [*EOS will touch $10*](https://www.reddit.com/r/ASX_Bets/comments/mj2chm/i_was_gonna_use_my_profits_on_a_koala_but_bought/gt80hgg?utm_source=share&utm_medium=web2x&context=3) *by the end of 2021 or they will get a* ***VDHG tattoo on their butt cheek****.*
+
+Currently hovering in the Mid $5 region after some peaks and troughs...
+
+​
+
+*-* [*u/Andrew5269*](https://www.reddit.com/u/Andrew5269/) *has bet that* [*ARU will hit $1*](https://www.reddit.com/r/ASX_Bets/comments/kxtg2m/if_aru_doesnt_hit_1_by_the_end_of_the_financial/?utm_source=share&utm_medium=web2x&context=3) *by EOFY or they will* ***eat a $100 note.***
+
+Currently hovering in the 16-18 cent region and perhaps flattening out after a sharp fall from grace...
+
+​
+
+\- [u/Jazzladd](https://www.reddit.com/u/Jazzladd/) has bet that BGT will 10 bag from here till the end of the year or they'll [drink their cum](https://www.reddit.com/r/ASX_Bets/comments/mh08yf/premarket_thread_for_general_trading_and_plans/gt009zx?utm_source=share&utm_medium=web2x&context=3).
+
+Let the record show that the price of **BGT** is $.135 at the time of betting.
+
+**ALSO LET THE RECORD SHOW THAT THE COMMENT HAS BEEN DELETED BY THE USER.... SO THEY HAVE A PRETTY FLAIR TO REMIND US THAT THERE IS DEBT OWED AND WE SHALL CUM CALLING....**
+
+​
+
+*-* [*u/shartuntiludie*](https://www.reddit.com/u/shartuntiludie/) *has bet that* [*Z1P will hit $100*](https://www.reddit.com/r/ASX_Bets/comments/mlag8v/if_z1p_isnt_100_by_the_aus_open_ill_take_a_69_day/?utm_source=share&utm_medium=web2x&context=3) *by the Australian Open or they will take a* ***69 day ban****.*
+
+I mean, really.....
+
+Also can someone tell me when the Australian Open starts?
+
+​
+
+\-  [*u/meragy*](https://www.reddit.com/u/meragy/) *threw out a* [portfolio challenge](https://www.reddit.com/r/ASX_Bets/comments/k3rpvm/daily_thread_for_general_trading_and_plans_for/ge50gre?utm_source=share&utm_medium=web2x&context=3) *back in November last year* *and a few accepted.*
+
+*Rules and Consequences are as follows:*
+
+***RULES****:*
+
+*- No min/max number of stonks*
+
+*- % growth not actual $$ growth*
+
+*- Buy/Sell as you see fit, but in 6 months time on* ***30/05/2021*** *whatever your total % growth is at market close( VS the comps start date %) is the number you are judged by.*
+
+***CONSEQUENCES:***
+
+*The loser has to purchase a minimum $500 parcel of* ***DLC****, the Dildo Stonk.*
+
+*Failure to purchase = 3 month Ban.*
+
+*Challenge was accepted by:*
+
+[*u/VestierBlackwood*](https://www.reddit.com/u/VestierBlackwood/)
+
+[*u/WistfulWhiskers*](https://www.reddit.com/u/WistfulWhiskers/)
+
+[*u/reecej\_nz*](https://www.reddit.com/u/reecej_nz/)
+
+[*u/NocturneHS*](https://www.reddit.com/u/NocturneHS/)
+
+​
+
+I'll need those involved to throw any updates into the comments section, all I know is someone is becoming a T20 dildo or there is a paddlin..
+
+​
+
+Wait, do **DLC** make paddles?
+
+​
+
+​
+
+**BANS**
+
+​
+
+​
+
+\- all the [Bans from last time](https://www.reddit.com/r/ASX_Bets/comments/mnb8nd/adios_lketards_coward_fucks_and_a_vdhg_tattoo/?utm_source=share&utm_medium=web2x&context=3) have been handed out.
+
+​
+
+\- u/cliogt owes us a purchase of the dildo stock not just an [order](https://www.reddit.com/r/ASX_Bets/comments/mp5e0l/500_yolo/gu81glj?utm_source=share&utm_medium=web2x&context=3). Tick tock.....
+
+​
+
+\- u/apolloboyboy owes us [a purchase](https://www.reddit.com/r/ASX_Bets/comments/mqd0qm/boys_i_have_150k_to_drop_help_me_out/?utm_source=share&utm_medium=web2x&context=3) of the dildo stock to the tune of $150,000. Tick tock...........
+
+​
+
+\- u/master-mind0 owes us some proof [or a ban](https://www.reddit.com/r/ASX_Bets/comments/mr1e7b/apd_or_abp_which_is_better_long_term_hold/?utm_source=share&utm_medium=web2x&context=3). Tick toc...ahh fuck it just show us the proof....
+
+​
+
+\- u/Mutated_Cunt was banned for 5 days upon request after a [clerical error](https://www.reddit.com/r/ASX_Bets/comments/momwv1/premarket_thread_for_general_trading_and_plans/gu589zt?utm_source=share&utm_medium=web2x&context=3), however, their application for release a day early was approved seeing as the ban was self imposed. 
+
+​
+
+\-  u/neill-macaulay has been **perma** banned after a failed bet.
+
+​
+
+\- u/2ndPostISwear has been **perma** banned.
+
+​
+
+\- u/WaltHWhite has been **Perma** Banned after **Baby Mod** sprung an [ALT spamming account.](https://www.reddit.com/r/ASX_Bets/comments/msmn88/samantha_goerling_looking_extra_spicy_tonight/?utm_source=share&utm_medium=web2x&context=3) 
+
+Same goes for u/Appropriate_Heat_452. 
+
+Same for  [u/minghiafrate](https://www.reddit.com/user/minghiafrate/)...
+
+Same for  [u/AndriusZentelis](https://www.reddit.com/user/AndriusZentelis/)......
+
+Same for u/tiefgeficktewert...................
+
+​
+
+And so on.........................
+
+​
+
+​
+
+​
+
+**TLDR:**  μεταλλαγμένο σε αποστολή
+​
+
+https://preview.redd.it/6wy9da3hl3d71.jpg?width=700&format=pjpg&auto=webp&s=9f1508d04191e29110a4c9ca481ea6373abb600d
+
+*This is one of a series of posts where I will apply my fast and dirty historical fundamental analysis to some of the biggest dogshit stocks of 2021. If you are interested in the process I use below to evaluate a stock, check out* [How Do I Buy A Stonk???](https://www.reddit.com/r/ASX_Bets/comments/lzjpvf/how_do_i_buy_a_stock/)
+
+# The Business
+
+​
+
+https://preview.redd.it/1uzdvm9kl3d71.png?width=1500&format=png&auto=webp&s=f7a13019938d7f69422b5786958d7074c9c8010e
+
+Service Stream (SSM) listed on the ASX in 2004. Based in Melbourne, it designs, builds, and maintains infrastructure assets in Australia. The majority of its work revolves around fixed and wireless networking infrastructure, like broadband and mobile towers. However, SSM also works within the energy and water utility industry, performing installation, maintenance, and inspections around the country on behalf of major utility providers.
+
+In a simplistic sense, Service Stream could be characterized as being like a mining contractor for the infrastructure sector. SSM play a fundamental role in making sure the critical assets in Australia are running smoothly. It has major contracts for the rollout of the NBN, as well more recently working with major telecom companies like Telstra in the building of the 5G network. As such, SSM has been imbedded with some of the largest blue-chip companies in Australia as a key provider of services for the last decade.
+
+# The Checklist
+
+* Net Profit: positive 9 of last 10 years (loss in 2013 only). Good ✅
+* Outstanding Shares: up & down, raise in 2014, reverse split 2016. Neutral\* ⚪
+* Revenue, Profit, & Equity: dropped in 2014, but growing L6Y. Good ✅
+* Insider Ownership: 10% w/ big sells in ‘19, 14x on-market buys in ’20 @ avg $2. Neutral ⚪
+* Debt / Equity: 22.5% w/ Current Ratio of 1.4x. Good ✅
+* ROE: 8.6% Avg L10Y w/ 16% FY20 (10-18% L5Y). Good ✅
+* Dividend: 3.9% 10Y Avg Yield w/ 9.5% FY20. Good ✅
+* BPS 78cents (1.2x P/B) w/ NTA 3cents (31.3x P/NTA). Neutral  ⚪
+* 10Y Avg: SPS $1.42 (0.7x P/S), EPS 5.3cents (17.7x P/E). Neutral ⚪
+* Growth: +5.9% Avg Revenue Growth L10Y w/ 9% FY20. Good ✅
+
+**Fair Value: $1.51**
+
+**Target Buy: 91cents**
+
+^(\*The cap raise in 2014 was dilutive, and SSM was working through a tough period in their business at that time. Since then they have rebounded. The reverse split in 2016 was relatively minor .93 for 1 and returned share numbers to historical levels. It was done in the context of a strengthening business, and so consolidated into a much stronger share price which seems to have been on net a benefit to shareholders. Therefore, I characterise their share count history as neutral at worst.)
+
+# The Knife
+
+[marketindex.com.au](https://preview.redd.it/c6gldxnxl3d71.png?width=967&format=png&auto=webp&s=40499208ce8d4e3c368e051e4820538a3cd0e6a6)
+
+SSM peaked in July of 2019 at a smidge over $3.00. It was mostly downhill from there, though the share price did manage to hold onto its level at around $2 for most of 2020, getting as high as $2.43 as recently as Dec 2020.
+
+However, by the close on Friday (23rd July 2021) @ 94cents, those that had bought at the all time high would be down 69% of their holdings and can only take solice in the memes at this point as their investment bleeds them out.
+
+Even those that “bought the dip” in the crash of 2020 are down roughly half of their investment (Ouch).
+
+# The Diagnosis
+
+The Short Answer: Service Stream had major contracts with NBN Co. in the construction of the broadband network. With the rollout announced to be officially finished at the end of last year, that leaves SSM with a big hole in their earnings going forward.
+
+​
+
+https://preview.redd.it/lf8asdgzl3d71.png?width=1200&format=png&auto=webp&s=46fa90af9435859a5eaf74703afff2d56179a762
+
+The Long Answer: SSM has had years to plan for this eventuality. Perhaps they were a bit too comfortable with the ongoing operating and maintenance agreements they had signed with NBN and Telstra for work post rollouts. Perhaps they were looking and they just had no good opportunities presented up until that point.
+
+Nevertheless, the weak outlook in the 1H21 reports caused shareholders to abandon SSM in droves. Within 2 days of the results, the share had shed over 30% of its share price. This was after SSM had already taken a major thrashing in the couple of months prior and had dropped to about $1.70. Maybe the one thing that kept bagholders loyal up until this point was SSM's excellent dividend payouts. But with 1H21 seeing the dividend cut in half, and with an otherwise lacklustre guidance on the future, the share went into freefall.
+
+​
+
+https://preview.redd.it/s8r7egw3m3d71.png?width=1067&format=png&auto=webp&s=e5321953147f28fad7c6d11dc8dfa8793229bf49
+
+Though, to be fair, this really is the nature of project-based businesses, whether in contracting, building, or manufacturing. We see the same thing going on with Austal (ASB), which this series reviewed a few weeks ago. Huge projects bring in great revenues, and for a time the business may fly high on good earnings and generous dividends. But when the work dries up for one reason or another, then the business can all of a sudden find itself in a tough spot, bleeding cash, and forced into a cap raise to stay afloat. Indeed, this is exactly what happened to SSM in 2013 and 2014 after a rocky couple of years.
+
+# The Outlook
+
+Perhaps then it should come as no surprise to long term holders when SSM went into trading halt earlier this week and announced a capital raise. Actually, if anything the surprise was that it wasn’t to shore up balance sheets and try to keep themselves in a position to win projects (like when they did in 2014). Rather, this capital raise was in order to jump on a major acquisition opportunity.
+
+​
+
+[Simples!](https://preview.redd.it/adtqnr75m3d71.png?width=1000&format=png&auto=webp&s=095c2edf11e1c8e75ee0194b861a4f8d55f4963f)
+
+SSM in their outlook and strategy had made clear they were putting a key focus at a high level on trying to diversify the business, and make it more durable to the ups and downs of the telecom contracts that they had been so heavily involved in for the last decade. SSM management stated that they were actively pursuing acquisition and merger opportunities as part of that strategy.
+
+​
+
+https://preview.redd.it/il4d46g6m3d71.png?width=2500&format=png&auto=webp&s=a377fab11d88c417be4015167777feaefe37dd88
+
+As it happened, Lendlease dropped a major opportunity right in SSM’s lap, and it couldn’t have been better suited to them. Announced on Wed the 21st, SSM had entered into an agreement with LLC to acquire their services business. The plan was to fund it with the capital raise along with existing debt facilities.
+
+​
+
+[SSM Acquisition Investor Presentation](https://preview.redd.it/6rms0tu7m3d71.png?width=1400&format=png&auto=webp&s=98e8a4a9266240abd195f314a6791a1592ccabea)
+
+The LLC services business is entrenched in operations and maintenance side of telecom, utilities, and transportation around the country. As an otherwise profitable segment of LLC's business, it does make me wonder why they would quit it. Though this sort of move isn't necessarily out of character. In 2000, LLC cut loose their MLC insurance and wealth management business in a sale to NAB. One of the largest deals in Australian corporate history. It ostensibly wasn't for any other reason than MLC didn't fit the vision of LLC as a property management company. So perhaps it is the same with their services arm now. Either way, SSM is now the beneficiary and almost overnight (literally), their strategy of diversification has been achieved.
+
+# The Verdict
+
+Though, the most important question for investors is, was it a net positive for shareholders?
+
+​
+
+[SSM Acquisition Investor Presentation](https://preview.redd.it/3uopq2pam3d71.png?width=1400&format=png&auto=webp&s=e20a29cc7d17a2169b2f35d67581e519fd551f94)
+
+On an operational and strategic sense, it looks like a pretty good deal. SSM's capabilities will dramatically increase as a result, which will open them up to more potential customers and contracts. With this would bring an implication of more stability. A more narrowly focused contract business has no options when the specific work that they perform is no longer required or in low demand. On the other hand, a business with a diverse skillset can balance a slackening demand in some sectors with increases in others.
+
+​
+
+[Composite SSM Acquisition Investor Presentation](https://preview.redd.it/kxu1lz4cm3d71.png?width=1500&format=png&auto=webp&s=86d087780c98456fe628f84bd8e68928889b4e6a)
+
+Something similar can be said about SSM's revenue split between their major customers. Prior to the acquisition, the company derived over 60% of its revenue from only 5 customers. And while the new business is still heavily reliant on its major customers, its revenue is now much more meaningfully spread amongst the smaller clients. This gives a solid cushion to SSM in future should one of their top 5 customers change the scope of their work with SSM, or drop them as a contractor entirely.
+
+​
+
+[Snapshot of clients of combined business](https://preview.redd.it/g91z2bndm3d71.png?width=4290&format=png&auto=webp&s=ada5e639926ad59878c2bd5f8dc6c0a63c526415)
+
+It’s also relevant to look a bit further past the numbers and at the actual clients themselves. Amongst the customer base that the two companies will be servicing are some of the largest public and private infrastructure companies in the country.
+
+​
+
+[Baghodlers think it's grouse. 😺](https://preview.redd.it/n9yl55ghm3d71.png?width=1400&format=png&auto=webp&s=025aa668d40d95d0b07b9647ff6da923d1ce2943)
+
+# The Target
+
+So, to me, the concept of the strategy seems sound. However, lets go back to the numbers and see if they also tell a positive story about the acquisition. To do that, it might be best to compare the last three years of fundamentals per share (unadjusted to what will likely be the new outstanding shares), and the expected combined FY21 figures post acquisition.
+
+​
+
+https://preview.redd.it/v0rrwrdlm3d71.png?width=944&format=png&auto=webp&s=3f17b80394ba416911e16219a3db0f422bb27c3d
+
+As it stands according to the guidance given in their investor presentation, SSM should finish FY21 at just over $800m revenue and just under $40m NPAT. Without adjusting for the new shares, that works out to be 9.4cents per share and an SPS of $1.94.
+
+Post-acquisition, SSM would have added to its debt, equity, and shares on hand substantially. Furthermore, they estimate there is about $17m worth of EBITDA that they can get merely from the efficiencies of combining the two businesses, which in their estimate works out to be an additional $9.3m to the bottom line.
+
+This gives the following fundamentals per share:
+
+* SPS $2.58
+* EPS 10.9cents
+* BPS 78.2cents
+* DPS 6.5cents
+
+All in all, the acquisition appears to be accreditive by +15% for EPS, +30% for SPS, and is roughly break even on book value per share. The dividend has been suspended for FY21, but expectation would be that it would resume in FY22, and with similar results and a 60% payout (historical level), one would expect to see a 6.5cent dividend in future. This isn’t too far off previous levels.
+
+In comparison to recent years results, all of these numbers don't look half bad either on a per share basis. The EPS is a bit down from 2019-2020, but solidly in line with 2018 results. The revenue would be the highest that they’ve ever achieved by a long margin, and that’s also reflected in the SPS.
+
+Therefore, the acquisition looks like a net positive for shareholders both strategically and fundamentally. Indeed, the fair and target price reflect that. Working off these combine numbers gives us the following fair and target prices for FY21:
+
+**Fair Price (FY21C) - $2.33**
+
+**Target Price (FY21C) - $1.30**
+
+Much higher than historical averages, and in fact not much different than if I crunched the numbers on the 2020 fundamentals.
+
+I think the major risk here is that SSM see further declines in revenue moving into FY22. Though, with the pricing level hovering just above a target price based on a much lower 10year historical average, buying in at this level would appear to give a holder a pretty good margin of safety. One point of concern is the net tangible assets, or more properly the lack thereof. The ultimate risk of default leaves shareholders with little to recoup. Though, with SSM operating in such stable industries like telecom, utilities, and roads, that risk should be fairly low.
+
+# The TL;DR
+
+Service Stream is a major contractor for the infrastructure sector. It had a major hand in rolling out the NBN, and is currently being deployed on building 5G network assets for companies like Telstra. As such, it is a major services provider to some of the biggest blue-chip companies in Australia.
+
+With the official completion of the NBN last year, SSM revenue was due to drop off dramatically. While they had signed major contracts for ongoing maintenance and setup services, the big money had come and gone. The problem was that SSM had nothing immediately in the pipeline to replace that business, and their outlook as a result looked weak.
+
+They were on the hunt actively to acquire or merge with other businesses to diversify their revenue streams and to procure a more stable order-book. As luck would have it, Lendlease was in the market to quit its profitable services business, and the fit could not have been better for SSM. The new arm of its business would expand the industries that SSM operated in, and distribute more evenly their revenue amongst a wider base of customers.
+
+As it stands, the acquisition also looks to be accreditive to shareholders from a fundamentals point of view. It is not clear to me on how the FY22 outlook will shape up exactly, but given a bulk of the business is now extended into more steady operations and maintenance work within the utilities and transportation sectors, it would seem that the downside has been limited. The upside, is that SSM can start to leverage its new capabilities and customer base for growth opportunities and derive more efficiencies from combining the two services businesses.
+
+With the stock currently trading at a level that would be appealing even based on lower historical averages, perhaps it's worth the punt. Though, one would want to be mindful of the volatility that can be present in a project oriented business such as this.
+
+*As always, thanks for attending my ted talk and fuck off if you think this is advice.* 🚀🚀🚀
+
+*I'd love to hear other's opinion on SSM and whether there is potential here that I am not seeing. Also, suggest other dogshit stocks that are/were on the ASX 200 index, and I might put them on the watchlist for a DD in future editions of this series.*
+
+*Currently on the Watchlist (no particular order):  CGF, URW, IPL, COE, SGH, FLT, Z1P/APT, SXL, RFG, AZJ.*
+
+[Previous Editions of Catching the Knife](https://www.reddit.com/user/Nevelo/comments/sfc7gi/catching_the_knife_series/)
+Throwaway as includes personal details. Quite a long post so apologies in advance and halfway through I've realised it might be more appropriate for a FIRE or Frugal sub. Please also be aware I wouldn't be surprised if i am doing everything wrong. 
+
+I'm male, 26, working in digital marketing for a newspaper in London. Not from London and no great fan of the place, but I am not sure where else to go as the idea of moving home to the south coast doesn't appeal
+
+Salary: £30,000 - don't think there's much room to grow here due to lack of interest in the job - I just about manage to get by performance wise. 
+
+Side Hustle: £2.5k pa (I referee parks football in south London throughout the winter. Don't enjoy it but enjoy the fitness aspect and the extra income. Submit a self-assessment which after casual allowance, expenses etc. means I pay a pittance in tax, but it's all above board.)
+
+Pension: £2,000ish. I worked for jekyll start ups for a couple of years after uni which didn't have pensions, but I contribute the maximum I can at my current work, where I've been since January. It's about £100 from me, £200 from the cmpany. 
+
+Savings: 
+
+\- £20,000 in cash isa at 2.4% over three years. Maxed out this year's allowance as I opened it a week after the deadline. Great work. I am naturally risk-averse and this sounded reliable. 
+
+\- £8,000 in a HSBC account which (I believe) earns me 5% on my first £2,500 and sod all after that. 
+
+\- £900 in a Lloyds account I've had since I was 12. I use this for every day spending. I have a credit card that I was using for everyday spending and then paying off in full to gain a credit score, but I stopped as it felt strange spending money that wasn't real. 
+
+Rent: £625 inc. bills (low I know for south London, but I essentially live in a very nice prison cell. I like it.)
+
+Savings Rate: 53% (I know this is very high. I walk 6 miles there and back to work to save money and keep the weight off, I don't really drink, eat out or go on holiday and my hobbies are reading and other free stuff.)
+
+Is there something more effective I can be doing with my savings? I don't really have a long term plan apart from the fact that I don't want to be doing a job I hate when I am in my mid 30s, so I'd at least like the disposable income available for if I discover and pursue some kind of passion. 
+
+In case it wasn't obvious from the above wall of text, I am single with no dependents. All financial advice appreciated.
+Hi All,
+
+To preface, let me say that I'm holding ETH right now, and I believe in the project as it stands right now.  I was into crypto a couple years ago, got spooked by some losses, and questioned the fundamental value of coins in those days, so I left.  I'm back now, and of course this bull run has been very nice, but you see people popping up that seem to think this has been a long time coming, and it can never go back.  You also see plenty of people trying to temper those sentiments, but rarely with any serious thought, just "remember it could always go back down".
+
+I was hoping some veteran ETH folks could help answer some of the following questions.  A lot of people that are new here, like me, aren't technical enough to audit the code and come to conclusions on our own.  And the more this goes up, the less technical knowledge people are going to have.  Without Further ado, here are some concerns I have with ETH, and crypto in general.  I would appreciate any insight and discussion you can provide!
+
+**ETH**
+
+1. *Competitors* - A claim that's common on the NEM sub is that Ethereum is technically inferior.  The solidity language is inferior to established languages.  How do we respond to that?  What is the reason for developing solidity?  If we put aside adoption for a second, what are the technical pros and cons of the Ethereum network over the other networks in development (Namely NEM, Lisk, whatever else gains any traction)?
+
+2. *Adoption* - Ethereum has tremendous adoption right now, which is great. But is there a compelling reason why a company like google or facebook, with their billion users couldn't rip off every aspect of Ethereum and end up being the only relevant blockchain solutions?  More on this later when I discuss regulation, but other than the people that are here for libertarian, criminal, or enthusiast reasons, will the mainstream ever choose Ethereum over an invisible, integrated facebook blockchain suite?  Would people even realize they're making a choice?
+
+**Crypto**
+
+1. *Regulation* - IMO, we need regulation of some kind from governments to reach the mainstream.  Not that Ethereum needs regulation, but that you could choose to keep your coins at a bank, and the FDIC would insure it, and you could reset your password if you forget it.  I think regulation that gives users a safe way to store coins without worrying about losing their private key will be huge.  My question here is does the crypto world agree with me?  Or would that cause panic in the streets?  I think there's a place for coins like Monero in an unregulated space, but the money is going to be in a coin that is covered by consumer protection laws.
+
+2. *Competitors Pt. 2* - The story yesterday about the German company using the Ethereum network for their EV charging stations got a lot of attention. I was thinking about it, and it seems cool, but then I thought "why couldn't I just pay with a credit card?".  And in the machine to machine economy, why couldn't machines just have my credit card on file?  In the future, am I going to have to manage 100 different Ether wallets for all my devices?  That's the web 3.0 we're all so excited for?  I'm sure that there will be dapps and contracts developed to manage all that, but I think the point stands.  So Visa faces some competition from coins and they lower their rates and invest in customer outreach and service.  Do we really penetrate the market still?  I hope so, but here in the real world I know that the best tech doesn't always win.  We all know that.  Is there a clear reason beyond a couple percentage points that an open source blockchain solution will win the war against the credit cards and banks?
+
+
+Thanks for your input guys!  Just trying to get some discussion flowing here.  Please keep it friendly and civil.
+I've just moved flats and Octopus automatically put me on their flexi tariff (Occupier Flexible Octopus). I got given no choice and they put me on 30p per Kwh + 30p standing charge per day. Their estimated energy usage for the property is around 30,000kwh / year. If my maths is right that comes to 30,000kwh \* 30p = 900,000p = £9,000 per year (and that's excluding the standing charge).
+
+It doesn't seem right at all - I live alone, this is a one bed and this bill is electric only (excluding heating which I have to pay separately). We paid around £60/month on our previous two bed flat in the same building (it's cat b for energy efficiency) literally last month, on a contract we entered into last Nov.
+
+Does anyone have any idea what on earth is going on here? I will literally be unable to pay my bills if this is right (after the next rise my electricty bill will be almost equal to my rent if this is correct).
+Hi everyone,
+
+As we all have been going through rough times this past year, I thought I would share info that made me smile.
+For quite some time now, the world has been changing with new technologies like social media, AI, or Cryptocurrencies. And while some of us are thoroughly enjoying some of the benefits, others have not seen their life situation improving. A new cryptocurrency was released in May to fight world hunger using a genius concept. Every trade that happens, they donate 3% of the volume traded to charity. They already gave close to $1 million in less than three weeks of existence. I think it is an excellent and modern concept with tons of potential for the future. What do you think? Did you know about it? What is your experience?
+There appears to be some extremely clear manipulation and very likely rug pull that is happening right now in NoRug. BEWARE!
+
+A pile of \~$100 - $200 buy and sells are happening that are all within \~15 seconds of each other from the same set of accounts. Can see what I mean in these screenshots [https://imgur.com/a/SzwJ4Je](https://imgur.com/a/SzwJ4Je) or also just look at [https://bscscan.com/token/0xA1d1C85652d7404a461F5dbE76B2292746D8d795](https://bscscan.com/token/0xA1d1C85652d7404a461F5dbE76B2292746D8d795) 
+
+Bunch of transactions from: 
+
+* 0x3ad9a99a437b6c09a084ad3e3a969ecd16eabb08
+* 0xe41c69a1b5cf7d31e3f5a7850bcb88077da7f5c8
+
+To add to this one holder has 96% of NoRug. PancakeSwap has 0.6%.
+
+I don't know much specifics at all about this crypto token. It had a DxSale presale which lasted 30 minutes. I bought 0.1BNB of it for kicks and ended up turning a x10 profit on it. Once I noticed what was happening I immediately sold for fear of a rug pull. Definitely need to be more careful personally next time to double check before throwing my money at any random shitcoin.
+
+So basically, yup, NoRug is actually very likely a rug pull. Stay safe out there!
+Yoo guys I’m currently struggling on my psychology side of trading. I know that my strategy is profitable and I’m currently a funded trader but sometimes when I lose a trade I feel like I did something stupid and blame myself but in fact that happens because nobody wins all the time. For example I lost 2 trades in a row (it’s not usual to lose 2 full trades in a row) and I felt like shit and start to revenge trading… I really don’t know why the hell I reacted like that, maybe my problems outside of trading are affecting me… Can you guys give me some tips?! Yall have a nice day
+Found [this article](http://www.ama-assn.org/practice-management/physician-health/medicine-s-great-resignation-1-5-doctors-plan-exit-2-years) recently, and I've rarely resonated with a piece of news that much.
+
+Doctor here, planning to bail in 18 to 24 months.
+Learning about FIRE is what kept me from burning out and what keeps me grinding for now
+
+Saving aggressively, investing about 60% in RE, 30% in Stocks.  I'm about 8 months away from standard FIRE and about 2 years away from chubbyFIRE , then I'm planning on moving to a LCOL to increase my standard of living while cutting my expenses at the same time, for a few years at least, until the mortgage on my last rental unit is fully paid off and I can live in it if I so choose.
+
+I can't possibly go on like this until my 60s... and neither can many of my colleagues it seems, especially those working in specialties particulartly impacted by the surge in paperwork, post-covid workload increase,  and/or that are on the frontlines of increasing incivilities coming from patients..
+
+If there are other doctors or healthcare professionals here who share similar plans : r/medFIRE
+**Summary**
+
+A Comet, according to NASA is " a cosmic snowball of frozen gases, rock and dust that orbits the Sun.  When a **comet's** orbit brings it close to the Sun, it heats up and spews dust and gases into a giant glowing head larger than most planets. " What does that mean? We are not only going to the Moon but to the Sun instead. /s
+
+CRL is a Junior Explorer that has substantial upside to its current position, if drilling comes back successful. It has three main projects but two are of further interest. Cashed up recently after a $1M Capital Raise at 2c to Peloton Capital who have quite a decent track record and relatively low expenses, only burning through >$200K last quarter and has three imminent drilling programs. Worthy punt at a small EV. The two major projects are Copper and Gold based.
+
+**Company Information**
+
+SP - 2.5c
+
+MC - $15.3M
+
+Cash - $3.38M
+
+EV - $12M
+
+SOI -  612,587,269
+
+**Copper Project (Barraba)**
+
+[Copper 10 Year Highs \(Credit: Assad Tannous\)](https://preview.redd.it/rp67lm2365h61.png?width=1718&format=png&auto=webp&s=245c8b75adfdf8cfae5e471ffca7b1f280403854)
+
+Copper is breaking out and continues to foray onward, fundamentals on this commodity are bullish. Do your own research on why.
+
+CRL has two NSW based copper tenements, with a 5% average on the grades. These are very high grades, and whilst they are historical results if the imminent drilling programs return roughly the same grades or HIGHER this will explode.
+
+Drilling on the Gulf Creek Mine tenement is about to commence imminently. Drilling targets for the Murchison tenement are being planned currently.
+
+Because both these tenements are based in Australia, they attract a premium and investor confidence is higher here than compared to overseas copper projects. With copper continuing to break out, there is no doubt that this is the main reason why this miner looks so attractive.
+
+Successful drill results on the Gulf Creek tenement would be the catalyst to a re-rate.
+
+**Gold Project (Santa Teresa)**
+
+High Grade Shallow Gold in Santa Teresa (Mexico). A shallow gold play with a monster deposit that I'm sure most of you would be familiar with is NVA in Alaska.
+
+Drilling to commence Q1 2021
+
+Read the full announcement here
+
+[https://newswire.iguana2.com/af5f4d73c1a54a33/crl.asx/6A1012789/CRL\_Santa\_Teresa\_Gold\_Project\_Drilling\_to\_Commence\_Q1\_2021](https://newswire.iguana2.com/af5f4d73c1a54a33/crl.asx/6A1012789/CRL_Santa_Teresa_Gold_Project_Drilling_to_Commence_Q1_2021)
+
+JORC can be found here. 7.5 g/t average.
+
+[https://newswire.iguana2.com/af5f4d73c1a54a33/crl.asx/6A1000863/CRL\_Initial\_JORC\_Resource\_Santa\_Teresa\_Gold\_Project](https://newswire.iguana2.com/af5f4d73c1a54a33/crl.asx/6A1000863/CRL_Initial_JORC_Resource_Santa_Teresa_Gold_Project)
+
+Permits for drilling expected to be recieved by Q1 CY2021 (March latest)Commencement of drilling program to be expected by Late Q1/ Early Q2 2021
+
+Of interest to note is the fact that CRL has already signed an agreement w/ Raptor Capital who they acquired the Santa Teresa Project from in relation to royalties and payments once CRL has started production from Santa Teresa. This indicates a high level of confidence from Raptor to the likelihood of CRL actually being able to produce.
+
+**Capital Markets Thoughts**
+
+Peloton Capital did the recent raise at 2c. In exchange for their services, they were given options with varying strikes.
+
+1. 6.1M with a 3c strike
+2. 6.1M with a 5c strike
+3. 6.1M with a 7c strike
+
+Peloton has had a generally solid success rate with raises they are involved in, but they do a lot more of them compared to the likes of Canary Capital who are more picky and co-invest with clients. Some of Peloton's best performers have been IHL who they raised at 7.8c, IHL recently hit highs of 22c this week. They also performed a raise on RNT in 2018 at 7.7c. RNT has exploded recently to 28c after Bevan Slattery's placement. It is moreso their options incentives that provides some magnets to the SP.
+
+Sophisticated Investors who took the raise were given free options with a 3c strike, 25M total. What is a likely outcome is that they trimmed profit from their 2c placement shares and keep the free options, but no doubt they would like a pump well above 3c so they can exercise and profit.
+
+There are also three sets of unlisted options with a strike of 0.06c, and one set with a strike of 2c. These expire June 2021, no doubt these oppie holders would like CRL to be above 6c by then.
+
+**Final Thoughts**
+
+Risk/Reward is compelling here, especially at these levels. With Copper proving to be a remarkably strong and hardly discussed commodity, the drill bit will do the talking with two tenements in the Copper Project and if either or both strike big, the SP will re-rate accordingly.  It is also a positive that the Copper Project is Australia based, investors always add a premium for that versus overseas plays.
+
+The Gold Project also adds additional potential to the play, and Santa Teresa could be drilling simultaneously alongside the Copper tenements if permits are granted on time.
+
+**A message**
+
+RIP RicklePickleMyDickle. Rest in Pumphalla, Any retards that thought they should P&D this stock I hope you have all paperhanded out of it by now, fuck off.
+
+​
+
+https://preview.redd.it/ydpm54vh65h61.png?width=504&format=png&auto=webp&s=b06a8d6ed1e54b3498c363ba757e99746ef55ee4
+ 
+
+I have been pondering over the underlying disadvantages of stock overlapping due to with multiple MFs in the portfolio. Honestly, I didn't see much problem in it. Consider a hypothetical situation where I have 40k to invest in large cap or bluechip equity MFs (active funds only). Now, in general, no mf consistently tops in the return so to average out various risks, I decide to invest 40k in 4 different well known AMCs funds (10k each) instead of putting all 40k in one fund.
+
+Many will say, there would be too much overlapping of stocks as most of the large cap stocks will be common in two or more funds. But what's the issue in that? Anyway all my 40k is going to be invested in few large companies only, how does it matter if it is invested through one fund or more funds? On the contrary, I have averaged out the risk by selecting more funds. 
+
+By investing in multiple funds, I get
+
+\- Multiple entry and/or exit points for the overlapping stocks as each fund manager have different philosophy (due to which risk and returns are both averaged out)
+
+\- Different ratios of each stocks (if one manager sells and other buys/holds then risk and returns are automatically averaged out)
+
+\- Exposure to more number of uncommon stocks (compared to investing only in one fund)
+
+Then why it is said that overlapping of stocks due to multiple funds in portfolio is a bad thing?
+
+Am I missing something?
+
+Note: Please don't deviate from the topic by suggesting to invest in index fund than active funds etc.
+ What follows is largely a repost of a post I made a couple of months ago. It was well received back then and far exceeded my expectations for it and since Superstonk’s size has multiplied I thought it might be worthwhile for new apes too. I’ve made some edits and additions to it and made it better overall I think but if these kinds of pseudo reposts/updates aren’t allowed Mods can delete. I do believe this kind of content has an important place on the sub though as we close in on the MOASS.
+
+Okay Apes let's get to it. The DD has been done, The DD has been consumed by apes and there has been no rebuttal to the facts of our DD anywhere. There is always new DD coming out but by now we all should know that it is inevitable. **The MOASS could happen any day now** There are a lot of possible catalysts approaching fast that each on their own could launch us to Andromeda. OR launch could be next week or next month or whenever but that just gives us longer to prepare. Every day is one day closer!
+
+Let's face it. **The decisions you make during the squeeze are going to be some of the biggest and most important of your whole life.** I hope that this post will help some apes prepare to be in a good frame of mind, and in as good physical and mental shape as possible in the time we have left. So that as many of us as possible can be in the right shape to make the right decisions for ourselves and all Apekind.
+
+The bottom line is that your preparation before and health and wellbeing at the time of the squeeze and during the squeeze will have an impact on your decision making and ability to think accurately. I believe you’re letting yourself down to not prepare and to not look after yourself and be good for the squeeze before, during and after.
+
+This is not financial advice. I'm just an ape trying to share some of what I know that I believe is of value to other apes and give back to this amazing community. I’ve learnt so much on this journey with you Apes and already changed my life for the better regardless of the squeeze.
+
+I’ve always been interested in maximising health and wellbeing and physical/mental performance/self improvement but 5 years ago I developed a long term illness and became obsessed with this stuff. I've now done a tonne of research and experimentation in the last 5 years and found some things that really work and am now in an amazing place in life.
+
+I’m going to split this into 3 sections, one each for preparing and nourishing your mind, body and soul for the MOASS. All of these intertwine to create a truly healthy person inside and out and if one of these areas suffers, sooner or later the others will suffer too because of it.
+
+**Preparing the Mind**
+
+Prepare and read as much exit strategy DD as possible until you feel confident in what you need to do come the squeeze. Have an exit strategy in mind, this post is not for going into exact exit strategy DD in terms of peaks and dips and price points, others have and will cover that better than I would be able.
+
+Most of all I believe we need to prepare ourselves to grip tighter and become true diamond hands and HOLD on as we rocket through the atmosphere and past the moon.
+
+This DD is about giving you some practical strategies so you will be prepared to stay calm as the rocket launches and be ready to welcome the 7, 8 and 9 digit numbers like old friends. Do not be scared of the big numbers, they are your destiny. Calm = better decision making = more tendies for all the apes = a new world post MOASS.
+
+Visualisation
+
+“It is now a well-known fact that we stimulate the same brain regions when we visualize an action and when we actually perform that same action. For example, when you visualize lifting your right hand, it stimulates the same part of the brain that is activated when you actually lift your right hand.”
+
+Visualisation and mental rehearsal are the real deal, when not practising physically professional athletes visualise plays and certain movements they perform during play nonstop. This is proven to help performance and increase the CONFIDENCE of being able to execute at a high percentage.
+
+I’ve personally used this in my own amateur sport career to great effect and in other areas of life like business and the gym too.
+
+How I propose this can be used for the MOASS prep and what I have been personally doing:
+
+Close your eyes and imagine yourself in as much detail as you can, checking the ticker during the squeeze and seeing certain numbers for GME maybe 10k, 100k, and up to 1m, 10m, 100m, Visualise yourself sitting there viewing the ticker and holding, getting up and coming back to your computer and still holding easily for as long as it takes until your floor. By all accounts the MOASS will last a while. With halts and everything and the insane amount of shorts that need covering the minimum I can see it being done in is 10-20 days.  I've also seen sensible longer estimates with the DTCC having a max of 35 days to cover after the hedgies are liquidated meaning this could be a long and tiring MOASS.
+
+So we have to Imagine the price dipping and then soaring back up multiple times over multiple days/weeks sitting through days and days of high volume before thinking of selling, and then selling one by one on the way down (or not, your exit strat is yours, I’m sure many of us will be keeping some for the infinity pool too as I will). Or the price sitting at a peak for a while before the DTCC kicks in and it soars higher. Visualise and mentally rehearse yourself going through days of this and multiple different scenarios, going to bed sleeping well and waking up the next day. living your normal life just holding throughout with your diamondest of diamond hands and then when you deem the time is right - pulling off your exit strategy flawlessly.
+
+Do this once a day and I promise you will be more confident during the MOASS and more likely to achieve your exit strategy goals.
+
+FUD Combat
+
+Most of us have been here a while and are now impervious to FUD and the addition of Satori by our world class mod team is a mind blowingly awesome development BUT FUD can be very sneaky so we must remain vigilant, during the MOASS it is expected that FUD levels will be insane. 
+
+I don’t buy into the common sentiment that these people are stupid; evil, greedy, wreckless and irresponsible yes but we should not underestimate their intelligence and cunning.
+
+Stay vigilant and be ready to fall back on your training of the past few months and remember the most basic facts of the DD. We own the float, shorts must cover, we can name our price.
+
+If reddit goes down, have your contingencies ready and in place. Follow mods on twitter, Gangnam style comment section and this trick ready for being able to access Reddit when its down:
+
+[https://www.reddit.com/r/Superstonk/comments/nrmz2m/how\_to\_access\_superstonk\_when\_reddit\_is\_down/](https://www.reddit.com/r/Superstonk/comments/nrmz2m/how_to_access_superstonk_when_reddit_is_down/)
+
+Practising mindfulness
+
+“According to neuroscience research, **mindfulness** practices dampen activity in our amygdala and increase the connections between the amygdala and prefrontal cortex. Both of these parts of the brain help us to be less reactive to stressors and to recover better from stress when we experience it”
+
+The benefits of mindfulness and meditation are countless and the science is now irrefutable. Practising mindfulness through meditation is in my opinion the number one best thing you can do for your mind to keep it working well and be more at peace with the world. I’ve now meditated everyday for almost 4 years and am able to deal with stressors relatively easily. It's hard to put into words how powerful a meditation practise is. There is a reason such a high percentage of the most successful people have a daily meditation practise.
+
+My favourite meditation quote:
+
+“Your mind is the basis of everything that you experience and of every contribution you make to the lives of others. Given this fact, it makes sense to train it.” -- Sam Harris
+
+Practise 10 minutes a day to start if that is all you can manage. I would highly recommend trying out some longer duration guided meditations too, the longer the meditation the more beneficial effects you will witness in my experience.
+
+I find it a lot easier and better lying down when I meditate without having to worry about posture especially if you’re a beginner.
+
+I recommend the insight timer app for free guided meditations perfect for beginners and experienced alike. Pick a highly rated one, block out some time to chill and work on yourself and trust the instructor and go with it. Remember it is meditation practise not meditation perfect, don’t expect to be a master straight away, be kind and encouraging to yourself for doing something positive.
+
+The goal is not to have zero thoughts. The goal is to be the witness to your thoughts and observe without engaging in them.
+
+Once you start to see benefits and enjoy the practise it becomes a true joy.
+
+If you’re feeling stressed, anxious or overwhelmed or feeling FUD during the MOASS or at any point in daily life chucking on a good guided meditation is a surefire way to snap out of that state and gain some clarity as to what is happening and how best to move forward.
+
+Do this and your MOASS experience will work out better than if you don’t, I’m fairly certain of that.
+
+Be discerning with where and how you spend your mental energy.
+
+Social media is designed by some of the brightest minds of our time to keep you scrolling, to keep you clicking and to keep you getting those tasty dopamine hits. To suck as much of your time and attention per day as possible into their app. With GME this is even more powerful with the delicious hits of confirmation bias that we can deliver to ourselves so easily.
+
+There is such a thing as too much though and when you’ve already done enough reading and DD and upvoting and Apeing for the day or the week you need to be able to realise that you’ve come to that point of diminishing returns and take the power back. Put your phone down and switch off from all of this. You don’t want reddit (or Facebook or IG, youtube etc.) to be taking up too large of a percentage of your day to where you are neglecting other important things in your life, depriving yourself of sleep and healthy living habits etc. It is very easy to do because of how powerful and addictive these technologies are but being aware of it is the first step to taking back control if you think you have an issue with this.
+
+I personally think it is an unfair fight for us against this addictive technology and the might of the tech giants. I enlist the help of app blockers on my phone and PC to limit my use of certain social media apps and websites. I would definitely recommend at least having them on at night so you can’t stay up too late in the internet wormhole and badly affect your sleep.
+
+You wouldn’t want the MOASS to start and for you to be tired and dopey from mindlessly scrolling social media all night the night(s) before. You want to be awake, well rested and alert and confident in your ability to execute when you need to during the MOASS.
+
+**Preparing the Body**
+
+I’m sure most of you intellectually know the basics of what I’m going to say now but seriously if you don’t have some of these healthy habits in your life already what better time is there to start than now? What better reason to look after yourself so you can perform during and after the MOASS.
+
+Exercise
+
+Make sure you’re getting some form of exercise everyday. We will all be at different levels of fitness and know-how but anything is better than nothing. I know during covid it's tough for some but even just getting out in the fresh air once a day and going for a leisurely walk will be very beneficial for mind, body and soul. Don’t jump straight into intensely working out if you’ve been doing nothing, that could potentially have you exhausted come the MOASS which is the opposite of what we want. The goal is to just not be completely sedentary and to be in a better place mentally and physically than you are now even if it's just a few steps in the right direction.
+
+Sunlight
+
+Getting some sunlight on your skin is such an underrated and overlooked aspect of health these days. We all spend so much time inside on our devices.
+
+Make an effort to get at least 20-30 minutes of sunlight a day if possible, ideally with your shirt off so you can absorb more of that delicious vitamin D. Vitamin D is responsible for the proper function of an amazing amount of mechanisms inside our bodies and so many of us are deficient.
+
+This will also have the added benefit of balancing your circadian rhythm and allowing you to sleep better.
+
+If it's not sunny where you are, get a vitamin D supplement and start taking it.
+
+Getting outside and in nature and the fresh air even for a short while during the day even if its not sunny where you are will still benefit you.
+
+Nutrition
+
+I’m not going to get too deep into this as some people get so attached to their diet and ideologies surrounding food.
+
+Just make an effort to eat better than you have been, nearly all of us have some room for improvement in our diets. Focus on whole foods that are nutrient dense as far as your budget allows and try to stay away from the shit we all know is not good for you, the heavily processed fatty, carby, sugary shit. Don’t overeat, eat to satiation and stop.
+
+I believe so many modern health problems are caused by humans having an unnatural relationship with food today. We have changed from treating food primarily as a fuel for our bodies and minds to now using it more as a tool to make ourselves feel good for short bursts when we are eating it. Putting the importance of taste far above that of real nutrition and not giving ourselves the building blocks we need to perform to our best.
+
+Treat more of your meals primarily as fuel and your health and relationship with food will improve.
+
+Sleep
+
+Being well rested and getting your sleep is one of the major keys to being at your best. For some it is not easy and it took me a long time to improve my sleep habits from being terrible to now being able to consistently get 7-8 good hours a night and go to bed at a decent time.
+
+Here are some basic tips that make all the difference - try to get to sleep before 10PM, hours of sleep before midnight are worth more than the hours of sleep after midnight according to a lot of people and I have found this to be the case in my experience.
+
+Limit your phone and exposure to blue light before bed, ideally have your phone in another room at night so you aren’t tempted by it and make a commitment to not use your phone for an hour before bed so you can switch off. Create a night time and bedtime routine and stick to it.
+
+If you have trouble getting to sleep try one or all of these - a yoga nidra guided meditation, magnesium L-threonate or a good quality melatonin supplement. I’m also a fan of CBD as well.
+
+Doing the other things in this post particularly the sunlight, meditation and exercise should also help you sleep better and more easily.
+
+**Nourishing the Soul**
+
+if you’re some cyborg that doesn’t agree we all have a soul skip this section lol.
+
+Enjoy yourself and switch off from this whole GME saga for a while each day. Do what you love, spend quality time with your loved ones, your friends, play with your pets, watch your favourite shows, engage in your hobbies, get out in nature. Do the things that keep you out of your head and bring you into the present moment and recharge and nourish yourself.
+
+Gratitude
+
+Practising gratitude is very powerful, with research in recent years finding that it has emotional, social, personality, career and health benefits.
+
+This is a good article that lays this out in detail. [https://positivepsychology.com/benefits-gratitude-research-questions/](https://positivepsychology.com/benefits-gratitude-research-questions/)
+
+Besides the basic things we all have in life to be grateful for, stop and think about how lucky we are to be in this position. Realise how fortunate we are to be given this incredible opportunity. This is massive. **Out of 7 billion+ people we are part of the few million or so that know about the MOASS and are in a position to change our lives and the history of the world while fucking some greedy hedgies and making ourselves rich in the process.**
+
+Make no mistake this saga will go down in history and we were the ones lucky enough to be there before it all kicked off and in just the right place to benefit from it. This is truly a one of a kind history making phenomenon and we are here all together on the brink, Ape with Ape doing something so special it is hard to fathom.
+
+We are going to look back at this as some of the best times of our lives I’m sure of it, **be thankful.**
+
+**And finally lets fucking enjoy this shit!**
+
+This kind of goes along with gratitude but lets fucking enjoy this shit! Being jacked to the fucking tits is fun as fuck and should be a daily occurence. Watch some hype videos and fist pump, dance, do whatever, read your favourite bias confirming DDs and get fucking JACKED to the tits with your fellow apes. There is a time for serious DD and a time for laughing and being filled with joy and excitement about this coming MOASS and amazing, strange time we are living through.
+
+**This is a once in a millenia occurrence and we are part of it, lets fucking enjoy it and lets get fucking JACKED to the tits!**
+
+Hopefully this post can convince some of you that preparing for the MOASS in these ways is the smart play both for yourselves and Apekind.
+
+Good luck during the MOASS fellow apes and may we all blast off to the andromeda galaxy and return with mind boggling amounts of tendies and more stories for our grandkids.
+
+**APESTRONG**
+
+TL;DR The MOASS is close and could happen any day now and if it doesn’t, every day we are STILL one day closer. Prepare by looking after yourself so that you are in the best mental and physical condition possible to hold throughout and past the launch phase and initial moonshot and successfully execute your exit strategy and make the most of it for yourself and all Apekind. Do this by nourishing your body, mind and soul. 
+
+Tendies are cool, very cool but take it from me as someone who found this out the hard way; health truly is wealth. Look after yourselves Apes.
+His "speculative" trading tax on transactions would also make trades less liquid. (And those are just the taxes that directly impact investors--his other proposals would indirectly hurt investors since the economy will take a heavy hit).
+
+Whenever I bring up this issue, people either don't care (Bernie supporters) or they laugh at the idea of Bernie actually getting elected or having his tax plan approved.
+
+I'm finding it a bit hard (if not impossible) though to plan for long term investment and retirement when we have a leading candidate that wants to destroy the markets and punish investors.
+
+What are your thoughts on the investing environment if Bernie gets elected? And how are you strategizing your portfolio in case these tax proposals do go through?
+
+EDIT: Well, this blew up. Thanks to those that had insightful and analytical things to add to this discussion from an investing standpoint, and for not letting the baseless political bullies control this thread. This was interesting.
+If we're going to have him do an AMA, I want to know why he isn't mentioning anywhere that he was the CEO of Rocker Partners, the hedge fund responsible for publishing negative reports for overstock and taking part in Naked Short Selling [overstock.com](https://overstock.com) 16 years ago.
+
+[https:\/\/en.wikipedia.org\/wiki\/Overstock.com#Naked\_short\_selling\_controversy](https://preview.redd.it/5uhf56ehabz61.png?width=1691&format=png&auto=webp&s=53087da206ebda5d8dc3e1efcf1819295d011412)
+
+It's mentioned directly in The Wall Street Conspiracy. Wes Christian (who we are doing an AMA with here soon) was the lawyer hired by [Overstock.com](https://Overstock.com) to go against Rocker Partners.
+
+[https://youtu.be/Kpyhnmd-ZbU?t=3859](https://youtu.be/Kpyhnmd-ZbU?t=3859)
+
+​
+
+If we're going to go around saying this guy is a short seller but "one of the good guys", I want to know why he submitted a letter through his lawyers, defending short selling to U.S. Senators after the January spike, saying the price was manipulated UP not DOWN.
+
+​
+
+[https:\/\/www.standard.co.uk\/business\/shortseller-marc-cohodes-strikes-back-against-attacks-in-the-wake-of-the-reddit-gamestop-saga-b918506.html](https://preview.redd.it/5bg1s2zbfbz61.png?width=658&format=png&auto=webp&s=95d276af0e77473ed49840894c5b3e6ceaba1082)
+
+I want to know if the reason why he's changed his tune against hedge funds has anything to do with Goldman Sachs, who was also involved in the [Overstock.com](https://Overstock.com) naked shorting, shutting down Copper River during the 2008 financial crisis.
+
+​
+
+[https:\/\/www.institutionalinvestor.com\/article\/b1579dbtsg1bbq\/warren-buffetts-mosquito](https://preview.redd.it/5a9egu3nebz61.png?width=589&format=png&auto=webp&s=4d4e71093fee63260d24346fa473fa5459bf300d)
+
+I have zero interest in dragging people's past into most things, because 16 years is a long time and people change... but if we're going to have him here, I think we need to have a good reason to believe he is going to be REAL about the dangers of naked short selling, especially since he was arguably part of doing the same thing hedge funds are doing now when it happened to Overstock 16 years ago. If he can't do that, I don't think we should host him for an AMA. He may have a separate perspective, but we get enough media manipulation without inviting it in here.
+
+​
+
+Edit: Adding this edit. A comment had me looking further and I found this interview.
+
+[https://www.youtube.com/watch?v=ka8I5wRUBaU&t=82s](https://www.youtube.com/watch?v=ka8I5wRUBaU&t=82s)
+
+He talks about when he was involved in a suit by Overstock but does not say he was part of Rocker Partners. Looks like the story between him and Patrick Byrne (the CEO of Overstock) is a lot longer than just his time with Rocker Partners. He switched from short to long on Overstock after Patrick Byrne was let go from Overstock. I'd still like us to be critical of his history and I'd still like to know why he thinks Gamestop was manipulated up not down.
+
+Edit 2: Fixed some wording that caused misinformation. Rocker Partners was sued for a few things but not directly sued for naked shorting. However, they opened short positions (unknown if naked or just short) on the stock right before publishing negative information about overstock. More on this in the wikipedia article posted above.
+
+Edit 3: See pinkcats stickied comment. I'm leaving this post up for more eyes on it since there are discussions in the comments that have points on both sides. My main point in this post was to remind us we need to be critical of everything and decide if the opportunity for more information is worth the opportunity for misinformation. Thanks for reading, y'all.
+
+Last Edit: **I am not a mod**. Just an ape. There are a few comments that suggest I somehow gave this impression. Just clarifying, please direct your thanks for the great modding of this subreddit to the actual mods. I am just an ape.
+For comparison, the largest Bitcoin wallet is the Binance coldwallet and it holds approximately 1.40% of the current circulating supply while the largest Ethereum wallet is the  Eth2 Deposit Contract which holds 7.6% of all Ethereum.
+
+The largest Dogecoin wallet, which currently holds $5 Billion in Doge of its $21 Billion market cap is very mysterious. It was thought to be Robinhood or some other exchange but that has previously been dismissed by the Robinhood CEO himself.
+
+[Doge wallet with 23.17% of the entire circulating supply](https://preview.redd.it/go0edwi8nic81.png?width=1436&format=png&auto=webp&s=67d99e6b36c56bcf24470f6676421f98dee70f4f)
+
+Any wallet that holds over 23.17% of the current supply has more than enough to rug pull an entire coin to near zero. Even half of that can cause the price to crash to unrecoverable levels due to how liquidity and market caps work.
+
+According to Forkast,
+
+>For new cryptocurrencies, if the top 10 wallets hold **more than 20% of the** token, or worse, a large percentage of the token is held in a single wallet, then this is a dangerous sign of a potential rug pull.
+
+**For Doge, the top 14 wallets own  46.11% of all Dogecoin.**
+
+TLDR: Avoid any Cryptocurrency that has wallets capable of rug pulling the entire project. Don't let a false sense of security take over just because Doge is popular. It still does not make Doge immune to rugpulls. Never let yourself be at the mercy of a single wallet.
+
+EDIT: The amount of people on the comments claiming it to be the Robinhood wallet DESPITE Robinhood's CEO publicly stating the company does not hold that much Doge as far back as May is the same argument Shib shillers make. It is careless copium. [https://www.marketwatch.com/story/a-25-billion-dogecoin-whale-lurks-but-robinhood-ceo-says-we-dont-have-significant-positions-in-any-of-the-coins-we-keep-11620326508](https://www.marketwatch.com/story/a-25-billion-dogecoin-whale-lurks-but-robinhood-ceo-says-we-dont-have-significant-positions-in-any-of-the-coins-we-keep-11620326508) 
+
+Moreover the fact that some people find safety in a company like Robinhood is just stupid. 
+Hi all! Just sold my business and I'm beyond excited to achieve my lifelong goal of FF. Just want to run the numbers by the community and make sure I'm safe before taking the plunge.
+
+36 years old, married, 3 kids, HCOL city. Liquid NW (stocks/bonds, 70/30): $18.5M, Real Estate: 1M, Annual Spend Post-tax: $400k.
+
+I know that pre-tax this puts me around 3% SWR. Given that I'm so young, how likely am I to run into problems as the years go by? I'm nervous that hanging it up for good in my best earning years might  come back to bite me in the ass further down the road, but maybe I'm just being super paranoid here. Would love to hear some perspective!
+I had to cut my hair and get serious again just like 07. Attend some meetings. Pause some plans. Down maybe 40% but I knew things were frothy and I'm heavy tech, China and cannabis, all of which were destroyed. Envisioning more of the same in '23 but nothing lasts forever and there have been no noticeable lifestyle downgrades. i have found stoic philosophy and an 'embrace adversity' mindset to be particularly helpful in maintaining equanimity so no mood impact although I do admit kicking myself for some overly optimistic decisions.
+Hi, I am a completely a newbie to day trading. I was always wondering if it is possible to make trades to get only 2% gain.
+
+My naive calculation say that a 2% gain may lead to 1.02365  which is approximately 2400 factor.
+
+Is that true. Otherwise can someone please give an advice.
+
+Thank you in advance.
+[https://www.marketwatch.com/story/intel-stock-falls-after-report-says-apple-plans-to-debut-its-own-mac-chips-in-2021-2020-04-23?mod=investing](https://www.marketwatch.com/story/intel-stock-falls-after-report-says-apple-plans-to-debut-its-own-mac-chips-in-2021-2020-04-23?mod=investing)
+
+Apple Inc. is planning to begin selling computers that feature its own processors by 2021, [according to a Thursday report from Bloomberg News](https://www.bloomberg.com/news/articles/2020-04-23/apple-aims-to-sell-macs-with-its-own-chips-starting-in-2021?mod=article_inline). The company intends to debut at least one Mac next year that features the company's own chip but it is working on three processors currently, the report said, indicating that the company "will transition more of its Mac lineup away from current supplier Intel Corp."
+I’ve been selling CCs on CRSR, NIO and PLTR. I’m bullish on these long term and don’t mind taking on the risk of holding 100 shares of these. Been taking advantage of the crazy high IV and been making good money collecting premium on weeklies. Any other high IV stocks you guys are bullish on around this price range ($30-60)?
+It's easier for a $700m company to double than a $200b company. Therefore it's in your best interest to have a decent amount of exposure to them. The biggest hurdle with many small caps is getting people to pay attention. Wall street generally disregards them because there isnt enough reporting on them. They aren't well followed or well researched so this creates opportunity when it comes to mispricing. Here are some of my favorites that I'm heavily invested in. What small caps do you see becoming mid caps in a few years?
+
+Edit: Anything under $5 (at any point in the last 6 months) is a penny stock and I just can't be a part of that (and neither should you, sincerely). Small caps are less than 2 billion in market cap but the share price is over $5. Penny stocks *always* have significant long term losses. Yes, even the one you're hyping right now because its in the middle of a pump. It will dump soon.
+
+Xpel (XPEL)
+
+They make automotive surface protection and grow like a SaaS company. They've doubled in the last few months and at the rate they grow there's no reason to believe they won't double again in the next year.
+
+SiTime (SITM)
+
+Only Company to Offer MEMS Resonators, Oscillators and Clocks to Cover Entire Timing Market. The stock price shows just how much faith people have in this company.
+
+
+QuinStreet (QNST)
+
+An online performance marketing company, provides customer acquisition services for its clients. Solid fundamentals. Solid growth. Finally recovering from a 2018 article that said to short them. The stock had quadrupled at the time so it was a prime target. They said the revenue growth was unsustainable yet they have grown revenue every year since.
+
+Systemax (SYX)
+
+While revenue and earnings have continued to rise, the share price has not kept up. At one point their p/e was over 100. Their forward p/e is now just 17 and their peg ratio is an even 1. Undervalued companies dont stay this way forever, just ask EBIX. 
+
+Nexpoint Real Estate Finance (NREF)
+
+Not to be confused with Nexpoint Residential Trust, this is one of my favorites. Barely a $100m market cap, this undiscovered gem has been performing well recently. The dividend is a whopping 8% of its share price.
+
+Primoris Services (PRIM)
+
+A contractor that engineers and constructs everything from solar projects to bridges to runways to pipelines. Possibly the most undervalued stock in the entire market. Bidens infrastructure plans will help these guys immensely.
+
+Bonanza Creek Energy (BCEI)
+
+I usually stay away from anything oil but this is what a well run energy company looks like. Industry analysts recently upgraded their revenue forecasts by 48%. EPS is expected to rise 60%.
+The top ten holdings of SCHY comprise about 35% of the fund and presumably represent the strongest current holdings of the index. I recently encountered an opinion this fund will not perform very well over time given the high payout ratios of its holdings. Of course, index ETFs change their holdings from time to time given their design. I did however find the criticism to be valid. I wanted to share some easy information regarding this metric so others can make their decisions. 
+
+I usually find Seeking Alpha to be a good screener of information regarding dividend stocks, so I used that screener. These are, however, ex-US securities, and I have found there are sometimes multiples versions of the same stock which I cannot differentiate given the information provided by the fund. Some may be common stock and others debt instruments. I am not sure since I am not familiar with the ex-US nomenclature, but I did report on the versions I could find.
+
+I begin with the largest holdings and report down the list. The metrics may be reported differently by other screeners.  This is purely for your information and our sub's discussion purposes. As we know the expected yield of the index fund is around 4% annually. 
+
+The percentages below are not yields. They are reported payout ratios.
+
+**Deutsche Post AG:** payout ratio between 72.70% to 81.59%. The company shows up as DPSGY and DPSTF. At the moment I can't tell which particular security SCHY is going for. Even this payout ratio may not be correct if you look at other websites as the company aims for a lower payout ratio than this per company guidance. 
+
+**Unilever PLC:** Under the ticker UL, the payout ratio appears to be 48.12%. Under UNLYF it is 64.36%. 
+
+ **BHP Group:** 82.48% payout ratio. Under BHPBF it is 87.14%. Under BHPLF it is 73.34%. 
+
+**Sanofi SA:** 33.68% payout ratio. SNYNF is 33.65%. 
+
+**GlaxoSmithKline PLC:** 93.81%. GLAXF reports as 69.45%. No matter the case, this is high. 
+
+**Enel SpA:** 133.90%. ESOCF reports as 137.09%. This ratio suggests heavy cuts are due in the future; however it should be noted most European companies do not aim to have their dividend charts outpace something like Social Security. They general share profits where they can. I don't expect this company to remain in the fund after reconstitution unless its conditions improve. 
+
+**Roche Holding AG:** 46.60%. RHHBF reports as 51.95%. 
+
+**British America Tobacco PLC:** 66.61%. BTAFF reports as 73.13%. 
+
+**Wesfarmers Limited:** WFAFY reports as 53.14%. WFAFF does not report a dividend at all. 
+
+**Toronto-Dominion Bank:** 44.94% payout ratio. I frankly do not know why this company is not higher in the top holdings given its smooth upward ride of real dividends paid. I don't hold any Canadian bank shares but they are well regarded in the dividend focused community for a reason. 
+
+For the rest of the fund it looks to focus on one or two companies within a developed or mostly developed country. Russia, Saudi Arabia, etc.. No comment on those right now since the proportion is so low yet so broad.
+
+Based on this simple exercise, it does appear most of the top holdings do not have much room to grow their dividends. That said, ex-US companies tend to think of dividends more as annual profit sharing rather than required YoY dividend growth. That may, counter-intuitively, present an opportunity for the fund to outperform given reinvestment over time. 
+
+The concern over "payout ratios" may indeed be a uniquely American concern--we cannot stand real dividend cuts, as our stock market is always in steep competition with our normal socialized retirement program, whereas investors abroad may not even think of temporarily lowered, always irregular annual dividends as a "cut" at all. 
+
+I'd appreciate any discussion on the topic. There is always room to learn. I do think this is going to be a great international fund in comparison to other international funds for people who want to make some money without high risk exposure (think small cap developing world). 
+
+Ex-US companies that can pay dividends for many years in a row likely represent the "great companies" of the world. Paying dividends is not easy for the vast majority of companies. It represents sheer profitability most of the time, even if you only participate in a small share of the profits.
+
+That does not mean it will be an outperforming fund relative to what many of us can choose instead despite its outperformance as an underlying index since covid reared its head. US equities may still be positioned better than any international fund. Who knows, in the long run?
+(I recently posted this on another finance sub and folk found it helpful, sorry if you're seeing it again.)
+
+Summary: From a place of desperation my wife and I started to make slow changes to how we handled our food and drink intake. Over years small things have made a massive difference to our finances and we are now reaping the benefits.
+
+5 years ago now, we were spending in excess of £125 a week on our food shop, over £60 a week on take-aways. Not to mention the quick grab lunches at £5 a pop. Being from the west of Scotland, booze was a ritual: weekly nights out easily reaching £200; pre-drinks at home: £40. We were literally eating and drinking our money away.
+
+And our credit card bills seemed to be ever expanding just like our waistbands. 
+
+Having not been taught about budgeting or about cooking, my wife and I would gorge; eyes often bigger than our bellies. Working stressful jobs and mixing it with an extended student lifestyle, convenience became our main gal and we paid for it in every sense. Surrounding ourselves with people of similar lifestyles, this was just 'the norm' and it never entered our minds to change it. To us, this was the money struggle everyone spoke about; we were renting, and even though earning okay wages we were completely unable to save.
+
+For the longest time, we threw money at every deal at the supermarket thinking we were saving, bought all the fresh food thinking we were being healthy, threw money at big named brands thinking we were paying for quality. We would come home with too much for 2 people to physically consume and at the end of the week large portions of our fridge contents were always thrown away - mainly, the fresh food.
+
+Then something came into my orbit and I got really into the show on BBC, 'Eat Well For Less.' I knew the show had a lot to teach me but the main thing at that time was cooking. So I started to make easy things quite successfully and tried a few supermarket branded items after seeing families enjoy it. This was the start of something. 
+
+We tried different supermarkets from our usual Tesco, to test prices and test some supermarket branded food. We tried online shopping for a bit to control the urge to buy on impulse (recognising we both suffered with this ailment.) We did this regularly to try to help with diet too and it started working. 
+
+We started meal planning and making lunches for work which saved on stress and money. At this stage £100 was a regular shop with the £60 take-aways and £240 booze bill still very much on the cards.
+
+For about a year we played with this and made small progress with money. We still had zero savings, credit cards were still being used and we were still living month to month but we started to feel like we were onto something. It was around this time that I unconsciously went vegetarian taking an out-and-out dislike to all meat and fish.
+
+This changed everything and we had to think outside the box in terms of all meals. Don't get me wrong, we struggled a bit and slipped back to buying too much with my wife still eating meat. It was a struggle at mealtimes to make and eat something together. My wife, the angel that she is, finally had had enough and threw in the towel: she'd decided to go vegetarian too.
+
+So we stopped having to buy meat and fish saving us £££s. Then eggs went, then cheese and before we knew it we were both vegan.
+
+We relied on convenience food, yes, but we were cooking more and more. Take-aways at that time offered very little vegan options so our food bills reduced. We were now on £70 a week with £10 for chips now and again plus the booze-fest weekly schedule costing £240+. Credit cards started being paid.
+
+A year later we decided we wanted to save a deposit for a house. This co-incided with living too close to family members who are functioning alcoholics.
+
+We talked a lot about drinking and were very honest with each other. Turns out we are happy all of the time - apart from when we drink. So, we went on a sober journey but hid it from everyone. Our friends and family could only deal with so many 'other' things at the time. We didn't want to be ousted. 
+
+At the time you could only get a few non-alcoholic drinks, so we relied on tricks - drinking a coke with a slice of lime to make it look boozy while we were out, covering labels of beers in photos, making excuses about shots. We started secretly driving to pubs and clubs and not telling friends, so we saved on taxis. We could now go on a night out and spend as little as £20 between us. No munchies needed afterwards either.
+
+This was a game changer! 
+
+We started to save and credit cards were finally gone. This took about a year and we eventually saved for a house.
+
+Taking a hard look at finances, we went further and started to budget to keep us in line with the progress we'd made. £200 a month seemed reasonable for food.
+
+We started making lists before going to the shops, checking cupboards and only buying what we knew we needed and would use that week. We still gave ourselves treats like crisps or chocolate now and again but our taste buds changed and we didn't need that hit as regularly.
+
+Now, after this loooong journey, we've converted to Aldi and moved even further away from any and all big name brands. We don't buy much convenience food at all now and have kept up with our low take-away spend. We spend about £30 on average a week and have a healthier diet because of it.
+
+We've unintentionally shed stones in this process.
+
+We've now started using apps like Shopmium and Green Jinn to get free things or discounts on stuff we were going to buy anyway. 
+
+It's like we're different people now and looking back over the years it's strange to think of the things we did and the actions we didn't question at the time. There is no way we could have implemented all these changes at once, we would have failed miserably and probably still be stuck in that rut. Tiny changes really add up.
+
+Thanks for reading this v long post. I hope this is useful in some way for even just one person out there.
+
+TLDR: we were skint; watched Eat Well For Less; started cooking; stopped buying named brands; went vegan; stopped drinking; started budgeting and meal planning; now shop at Aldi; use coupons and discount codes; money gains.
+https://www.washingtonpost.com/business/2020/07/01/treasury-loan-yrc-worldwide-cares-act/#click=https://t.co/owx7eBDPzF
+
+"The Treasury Department announced on Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company."
+Due to popular demand I've decided to bring this series back for a week 2 and I'll continue to release 3-5 trading ideas every Saturday. How do you guys feel about the name of this series? Would you like me to change the name to something like "Setup Saturdays" or are you guys cool with the current naming scheme?
+
+So this week I wanted to be a lot more in depth in my analysis and setups since I didn't think I was super clear last week with my reasoning on some the setups. I want these posts to be as beginner friendly as possible because there's a lot more beginners in this Subreddit than I had realized. I want you to use this as an educational tool and not as a signal service as a result I'm going to give you possible trade setups and I want you to be the judge of whether you should enter once/if price gets to that point since I feel like that will benefit beginners in the long run. I got a couple questions about top down time frame analysis so that'll be a focus of today's post. Scroll down to NZDJPY if you really want an in-depth look at how I perform top down time frame analysis.
+
+I'll include a picture of a chart and my TradingView chart so if you want to zoom in and out of the chart you'll have that ability to do so.
+
+**Quick Disclaimer:** Some of the charts pricing might be off by a bit since I started working on this during the New York session on Friday. If any of the charts are impacted in a way that alters the setup I'll be sure to update the charts before I post this on Saturday. Just gotta hope that hope that Powell doesn't break the market or else I might have to redo this entire post.
+
+***AUDUSD:***
+
+​
+
+[AUDUSD Daily](https://preview.redd.it/ecwib66tv1651.png?width=1290&format=png&auto=webp&s=188541d2805be8bd7364a4d92077551031441b3f)
+
+**TradingView Link For Daily**: [https://www.tradingview.com/chart/AUDUSD/Wb5K2bS8-AUDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/AUDUSD/Wb5K2bS8-AUDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis**: Which way is the trend pointing? It looks like it's pointing up which we can see with the green trend line but how about we zoom in to the 4 hour char to see if that's actually the case.
+
+**Tip:** When drawing a trend line, especially on the daily and higher time frames, remember to hit as many wicks as possible since they are relevant and not just some anomaly you can ignore.
+
+​
+
+[AUDUSD 4 Hour](https://preview.redd.it/5zx23veuv1651.png?width=1299&format=png&auto=webp&s=7224035ef4217639d56c22b7cd4f1810470c0271)
+
+**TradingView Link For 4 Hour**: [https://www.tradingview.com/chart/AUDUSD/aah8294z-AUDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/AUDUSD/aah8294z-AUDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis**: When we got close to where we are with price and we draw a Fibonacci Retracement from the point where price took off to the point where price peaked we can see that price came down to .5 Fibonacci level where it then started going up again. Coincidence? Possibly. As a result I believe that price could continue higher and it would be justified if it did. However, if we look at the trend lines we can see that price appears to have broke put of of our major trend line (Green) which means that price could fall to the downside if it's actually a breakout. Price then appears like it would then adhere to the new minor trend line (Red). There's also the possibility that this was just a fake breakout and price could go up and adhere to green trend line. I'm going to have a selling bias on this trade since price looks like it double topped at the highs of this year and it looks like we could see price fall. I'm leaning towards the drop of price due to the symmetrical triangle pattern created by the major and minor trend line and looks like price is going to get pushed down which we should get an idea of soon.
+
+**Tip:** Every time price makes a large move and falls/rises after making a peak/valley always pull out the Fibonacci retracement tool to see if price will bounce from the .382, .5, or .618 levels as they are the most significant levels. This can tell you if you're going to likely get a trend continuation.
+
+​
+
+[AUDUSD 1 Hour](https://preview.redd.it/ymai319vv1651.png?width=1289&format=png&auto=webp&s=d4f9617a3250a3d8421dbd385418c71bdb01e66b)
+
+**TradingView Link For 1 Hour**: [https://www.tradingview.com/chart/AUDUSD/IHgrnfYs-AUDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/AUDUSD/IHgrnfYs-AUDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis**: I drew out multiple different scenarios which I think can play out since like I said before we're not trying to predict a single movement but we're preparing to be reactive to an ideal condition which may be thrown at us. Remember that major trend line we drew in on the daily chart well it's going to play a large role here. This trend line has been in the making since March so we're not just going to brush it off. The trend line appears to have been broken and we seem to be sticking that minor trend line after the break of the symmetrical triangle pattern. After the break of the symmetrical triangle pattern price usually gets pushed heavily to one side and it looks like price is wanting to get pushed to the downside. As a result, I'm going to really keep on eyes on scenario the blue arrows display since I think it's the most probable. Looking at the scenario there are going to be two potentially good entry points for a sell. The first being when price goes up to retest the green trend line which would also serve as a bounce from our red trend line. Once we get that bounce we could enter in for a sell with a take profit hopefully somewhere around the .66 area. Another good entry would be when price breaks the zone of support of .68 and after it retests it. Wait for a confirmation candlestick pattern showing price will fall when retesting (i.e. railroad track, bullish engulfment candle, evening star, shooting star, etc.). Look for these candlestick patterns on the 15 minute chart. Once you got the confirmation take the sell and ride price down to the .66 zone. The other scenario that could occur is we could see price go back into the green trend line by breaking the red trend line (Orange Arrows). If this occurs we want to catch the retest bounce of the red trend line and ride price up to the high of the year which is at .702. At that point price could break the resistance at which point we could catch the retest of the zone and ride price up. Or it could go up to .702 create a triple top and fall. If you get a candlestick confirmation saying it'll fall then take a sell at the high of the year.
+
+**NZDUSD:**
+
+If there's something I really like in Forex it's definitely got to be harmonic patterns due to their high accuracy. NZDUSD just recently completed one of them and this is a really good indicator of what price is going to do.
+
+​
+
+[NZDUSD Daily](https://preview.redd.it/awg3qakwv1651.png?width=1304&format=png&auto=webp&s=f3b0f7a9cb22c75f3ba4669ec4ff50f09c40627a)
+
+**TradingView Chart For Daily**: [https://www.tradingview.com/chart/NZDUSD/zQpHzUcK-NZDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDUSD/zQpHzUcK-NZDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis**: Yes, we have trend line that says that price is going up however I make exceptions for Harmonic patterns since they are accurate about 80%-90% of the time. The pattern you see above is know as a Bearish Bat Pattern. Like the name says it's an indicator that price is going to go Bearish so although the trend line is going up I'm going to have a bearish bias on this trade.
+
+​
+
+[NZDUSD 4 Hour](https://preview.redd.it/pybhfpjxv1651.png?width=1308&format=png&auto=webp&s=aa943c8dc07d177317769a1693747991eec18dc5)
+
+**TradingView Chart For 4 Hour**: [https://www.tradingview.com/chart/NZDUSD/C29kpCyO-NZDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDUSD/C29kpCyO-NZDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis**: Not really much to add here just tossed on a Fibonacci retracement tool from where price took off to the peak just to check for any potential support from any of the major levels which we don't appear to have. We'll go a lot more in-depth on this pair on the 1 hour chart since that's where things get interesting.
+
+​
+
+[NZDUSD 1 Hour](https://preview.redd.it/p739h3oyv1651.png?width=1305&format=png&auto=webp&s=2e9ffbbeb5132dc1369c41941242d91ed99525d4)
+
+**TradingView Link For 1 Hour**: [https://www.tradingview.com/chart/NZDUSD/dKJatcM7-NZDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDUSD/dKJatcM7-NZDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Looking at price we can see that since June 11th price has been trading in a boxed consolidation range. Again I drew out the possibilities I believe could be ideal for us. Remember that I said Harmonics work 80%-90%. Well that means that they fail 10%-20% of the time which is definitely not something we can neglect. We can see that there's a descending triangle which price is reaching the end of. This means that price is getting ready to move to one direction since big moves always come after consolidation. If it moves to upside wait for price to close above the the spot marked D then you can enter for a buy and ride price up to the .67525 zone where price could break to upside or bounce back down (Orange Arrow). Remember to wait for it to actually close above point D since it could create a triple top and drive price back down. It's the same procedure as AUDUSD here if it makes this move where if it breaks it then catch the retest and if it looks like it's wanting to fall down wait for a confirmation pattern. If it breaks the box to the downside and breaks the support zone then take a sell and ride price down to the trend line at which point you should close the trade as there's a chance price could move against you and it's best to secure profits while you can. Once at the trend line it could bounce and if it does you should be able to ride price up to that .67525 zone (Green Arrow). If price breaks the trend line then wait for the retest and you should be able to ride price down pretty far (Red Arrows). I think you should be able to ride it down to .5918 zone but you'll have to keep your on it.
+
+**EURNZD:**
+
+​
+
+[EURNZD Daily](https://preview.redd.it/m0m0dum0w1651.png?width=1294&format=png&auto=webp&s=db6b5c4c284ecca0a36ad3e26044b3add8bcb061)
+
+**TradingView Link For Daily:** [https://www.tradingview.com/chart/EURNZD/jzgmGcRe-EURNZD-Daily-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/EURNZD/jzgmGcRe-EURNZD-Daily-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Well we got a pretty clear descending channel and price looks like it's at the top part of the channel currently so we're going to want to look for some optimal selling conditions due to the down trend.
+
+​
+
+[EURNZD 4 Hour](https://preview.redd.it/kj84m7x1w1651.png?width=1298&format=png&auto=webp&s=46893a657eb0ab58b2e073142f3963addda8d5d8)
+
+**TradingView Link For 4 Hour:** [https://www.tradingview.com/chart/EURNZD/YzOpvcH7-EURNZD-4-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/EURNZD/YzOpvcH7-EURNZD-4-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Looking at the 4 hour chart we can see that there appears to be a symmetrical triangle coming to it's end meaning price is getting ready to get pushed to a side. I believe it'll break the triangle and fall to the downside so once you see it break it would be a good idea to take a sell and ride price down to that support zone at 1.7187. Price could also briefly break to the upside then bounce off the top of the channel and it does take a trade from the bounce and ride price down to the same support zone. At that point, I'll leave it up to you to determine how you think price will go and what you should be looking for. Consider it to be a little quiz if you want to think of it like that. You've got my charts so use them as a reference since I've already marked some crucial support/resistance zones which we should keep our on for the next couple weeks.
+
+​
+
+[EURNZD 1 Hour](https://preview.redd.it/d38o1853w1651.png?width=1297&format=png&auto=webp&s=189fbd03720ee3ebd7316e460b6b51d89f94a78e)
+
+**TradingView Link For 1 Hour:** [https://www.tradingview.com/chart/EURNZD/ICWvgEsg-EURNZD-1-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/EURNZD/ICWvgEsg-EURNZD-1-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** There's nothing that special on the one hour chart that I have to point out since I think we pretty much got all the big stuff out of the way on our analysis of the 4 hour chart. Be sure to get a good sell in there since there are two potentially good setups which I've outlined for you. Also be sure to be careful and wait for the bounce of the channel if price goes that way since there's a chance price could break the channel and I don't want you to take a loss because you were impatient.
+
+**NZDJPY:**
+
+This pair is going to be really fun since we're going to be looking through a lot of time frames so if you really want to learn about a top down approach to analyzing time frames and trends then pay very close attention to how I break down this trade.
+
+​
+
+[NZDJPY Monthly](https://preview.redd.it/s5x36tt5w1651.png?width=1293&format=png&auto=webp&s=a471d44186ac578078ccdebe1e4bd14080703700)
+
+**TradingView Link For Monthly:** [https://www.tradingview.com/chart/NZDJPY/jZh4F2Jv-NZDJPY-Monthly-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDJPY/jZh4F2Jv-NZDJPY-Monthly-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Yes, we're actually going to be looking at the monthly chart. I bet you guys don't do that very often. Looking at it we can see that price has been following a clear down trend line since late 2014. If you look at the wick of this month's candle you can see that it appears to have touched the trend line meaning we could see a good opportunity to catch a sell since it had just recently bounced off. Let's take a look at lower time frames to see if this continues to be true.
+
+​
+
+[NZDJPY Weekly](https://preview.redd.it/bxwa9wf7w1651.png?width=1298&format=png&auto=webp&s=52b982b8cd59da2033e130e6a9a6e44b44263afe)
+
+**TradingView Link For Weekly:** [https://www.tradingview.com/chart/NZDJPY/dpvI29BB-NZDJPY-Weekly-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDJPY/dpvI29BB-NZDJPY-Weekly-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** When zooming into the weekly we can see that using the wicks of the candles we can actually draw a channel for the low portion that runs pretty much in parallel to the trend line we drew on the monthly chart. We can see that price clearly bounced from the trend line and I think this gives us good reason to believe in the coming weeks we could see the price drop. Also looking at the Bollinger Bands we can see that price also bounced from the top band which also supports a drop of price. Let's go into the daily to see if we can get a better idea.
+
+​
+
+[NZDJPY Daily](https://preview.redd.it/ffbvt3m8w1651.png?width=1296&format=png&auto=webp&s=d8fd390a16d1352e2598eabbdc66a6cad7291473)
+
+**TradingView Link For Daily:** [https://www.tradingview.com/chart/NZDJPY/NbWLURkU-NZDJPY-Daily-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDJPY/NbWLURkU-NZDJPY-Daily-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Looking at the daily time frame we can see that price is currently consolidated and remember big moves always come after consolidation. If you look closely however you can see that price looks like it's about to break the 200 day EMA (Orange line). If it breaks the EMA we could see price drop pretty far at an accelerated rate. Besides those couple observations there's not much else going on with the daily chart.
+
+​
+
+[NZDJPY 4 Hour](https://preview.redd.it/hwviiev9w1651.png?width=1300&format=png&auto=webp&s=c5954e4bd73721f063d3f51092f729f52458885a)
+
+**TradingView Link For 4 Hour:** [https://www.tradingview.com/chart/NZDJPY/d1kaogH5-NZDJPY-4-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDJPY/d1kaogH5-NZDJPY-4-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Would you look at that, it looks like we got a descending triangle on the 4 hour chart which looks like it's coming to an end. Looking at price it looks like it's wanting to push to the downside. Once you get a break below the lows of the day of June 11th I think it would be a safe bet to take a sell trade and ride it down for 66.825 for this week. If it breaks the 66.825 support zone then I'll definitely take a sell and try to ride price down to the bottom of the channel which we drew on the weekly chart. There's also the possibility that price could take support at any of these support zones and then head back up to test the top of the channel. At which point I'll be looking to get into a sell at the top of the channel but I won't ride price up to the channel since at this current point in time I feel like there's a large amount of risk in that.
+
+​
+
+[NZDJPY 1 Hour](https://preview.redd.it/wdkit2xaw1651.png?width=1301&format=png&auto=webp&s=b296c5e411562f6db67c2a6aae5b8d6d2e14eac6)
+
+**TradingView Link For 1 Hour:** [https://www.tradingview.com/chart/NZDJPY/83b47mFS-NZDJPY-1-Hour-For-Reddit-Post-6-20-U-AD3133/](https://www.tradingview.com/chart/NZDJPY/83b47mFS-NZDJPY-1-Hour-For-Reddit-Post-6-20-U-AD3133/)
+
+**Analysis:** Not much more to add here since I think by this point we got the entire story so I'm not going to say much more about the 1 hour chart since I think the analysis for the 4 hour chart also sums this up pretty well.
+
+Well that was a lot of information to go through and I hope you found some value in this since it took me quite a few hours to put this together for you guys. Truth be told, I spent most of Friday working on this so I hope at least one person finds some value in which case I'll consider it a win.
+
+So you guys tired of me yet or do you want me to continue this series for a week 3? It takes a lot of time and effort to put this together so I'll only do it if people want it or else I'll pretty much feel like I wasted my time. I might put together a little lesson on how to use the COT in order to catch some big reversal moves in the market since the COT pretty much tells you what the hedge funds are doing and you also want to trade with the hedge funds and institutions. It'll probably take a couple weeks since I'll have to compile some data together and wait for a setup before putting that out but I'll be working on it. Are there any other things you may want explained? Let me know and I'll try to find setups which contain the topic you may want more details on. I hope you have a great trading week!
+Everything you need is free. Statistics, Probability, Auction Market theory etc etc. the only (low) cost you might have to pay is the price for having reliable time series data to test your hypothesis (wheter you are a discretionary trader of algo trader). (oh and a decent pc but that seems a bit obvious :)). Litterally every resource with a scientific background can be found for free on the internet.
+
+Trading is all about having a statistical edge on the markets, that is, if we want to model it precisely, having a profit factor >1 in the long run (I know, values close to 1 are barely profitable, I just wanted to give a rigorous definition). If you had a decent edge on the market, you would spend all your available time to improve it, given that you can capitalize on it. The prospect of selling a way less scalable trading course doesn't even remotely interest this person, that would, as I said, give heart and soul improving his/her system/models(extremely scalable).
+
+Selling a course automatically marks you as a scammer, a failed trader that, rather than accepting failure, scams people, trying to somehow make money out of it.
+
+P.S. oh and.. ever heard of efficient market hypothesis? definitely not strictly true, but surely demonstrate that alpha is a rival good, that is, if you have a really good system picking trades, if you make it public it will be absorbed by the market, so again, incentive to keep you mouth shut and work on your own.
+Does anyone have experience owning 10+ multifamily units in a location far away from where you live (plane ride)? If so, do you have any insights about problems that come up, would you recommend others do it, if you could start over would you do it again, general experience, etc.?  Thank you!
+But he did this over 20 years and started with a $30 cost basis. My guess is that it wasn’t until the last eight or 10 years of his career that he earned a six-figure salary, yet he will retire in 2 years with close to 4.5 million dollars invested. His advice to me was to invest everything into QQQ. His attitude is that it gives you action in the top marketcap stocks and investing in the top 100 is typically a very safe bet and will offer the best growth/risk balance. Thoughts? If I wanted to spread my money out between Tesla, Amazon, Microsoft, Ford, etc, aren’t I better off just investing in QQQ?
+Hello all! I have written many DD’s about Direct Registering Shares including:
+
+* [Dispelling the FUD surrounding ComputerShare / Direct Registration System (DRS)](https://old.reddit.com/r/Superstonk/comments/p3owe8/dispelling_the_fud_surrounding_computershare/) (August 2021)
+* [Why I’m moving my shares to Computershare](https://www.reddit.com/r/Superstonk/comments/ob0m9w/why_im_moving_my_shares_to_computershare/) (Opinion / June 2021)
+* [Gamestop Shareholder List - The Final Catalyst](https://www.reddit.com/r/Superstonk/comments/nptiio/gamestop_shareholder_list_the_final_catalyst/) (June 2021)
+* [ComputerShare’s Positive Price Impact and Tracking Batch Orders](https://www.reddit.com/r/Superstonk/comments/ptu49w/computershares_positive_price_impact_and_tracking/) (Sept 2021)
+
+I believe I have a good understanding about the Direct Registration System (DRS) and want to expand on the DD I had written previously. I believe despite DRS being widely discussed and popular there are still a few unanswered or unexplained questions that get brought up regularly due to confusion about DRS.
+
+**Lets talk about it.**
+
+I am aiming to answer the following commonly asked questions:
+
+* If DRS works, why is the price going down?
+* How does locking the float do anything?
+* How do you **know** it will do *anything*?
+
+## Compartmentalized Information
+
+I think we need a little bit of background information on how everything is laid out and how information is known by various parties in this whole market system. For this purpose I have prepared this graphic:
+
+[Compartmentalized information graphic](https://preview.redd.it/mtuezvbx1zp81.png?width=1000&format=png&auto=webp&s=8bcf498828bae8e46249da587b40213505cf1ecc)
+
+**DTCC** \- The DTCC knows almost everything about what is going on. They are the *only* organization that has any awareness of how much shorting is going on, what is naked short, where the shorts are, who is failing to deliver… etc. This whole fraudulent system is completely facilitated by the DTCC. They have all the data, information and they let no one know anything.
+
+**Brokers** \- They only know about their own client’s holdings and what is available in public filings. They do not know what other brokers hold nor the whole extent of everything. All brokers combined may have more shares than outstanding, but as long as they are not aware of the other broker’s holdings, they have no reason to believe anything is wrong.
+
+**Shorting Hedge Funds** \- Likewise they do not have all the information about what is going on in the system. However they have developed ways to get information from Brokers and Companies to form a more complete picture. Using things like Payment for Order Flow they spend money intercepting data from Brokers. This gives them huge power to understand and know where things stand, where market sentiment is and how things are moving. They use planted consultants, hire former employees and other tactics to get a complete picture.
+
+**Shitty Consulting Groups** \- They get hired by bad actors to get insider information, sway company decisions and then consultants ultimately get paid by Shorting Hedge Funds by hiring the consultants that have acted in the shorting hedge fund’s best interests. Consultants are hired to consult on their consulting (provide insider information).
+
+**SEC** \- They are supposed to be an oversight body, but they are purposefully kept in the dark about everything. They have limited power and due to revolving door policies their employees are not incentivized to do any work. They rely upon the required filings and whistleblowers to provide information, but their information and investigations are usually very delayed. If they find something it takes years to unwind it and ultimately leads to small insignificant fines.
+
+**Transfer Agent / Computershare** \- They hold **the** book. The transfer agent holds the legal book outlining where the shares are and who they belong to. This book of ownership is the strongest legal form of ownership. If you have shares held on their book you are an owner of the company, full stop. They have extremely limited knowledge though of what is going on outside of their own book.
+
+They know:
+
+* How many shares were issued.
+* Who owns them (direct registered, insiders, institutions) or are they beneficially owned by Cede & Co / DTCC.
+
+That’s about it. They have very very limited knowledge about who owns shares in the brokers. They do get some of this data once per year when they request *non-objecting beneficial owner* lists from the DTCC during annual shareholder meetings. This information is however, highly manipulated to prevent overvoting of shares.
+
+The transfer agent knows how many shares are direct registered and the DTCC is also aware of this number. Brokers and Shorting Hedge Funds **do not** know how many shares are directly registered (more on this later, obviously).
+
+**The Company / GameStop** \- They know what their transfer agent knows. Ultimately very little. Lots of people were asking why the company doesn’t just come out and say their shares are being manipulated through naked shorting. They cannot make that claim, they do not have the evidence. The only people that know that for sure are the DTCC and the shorting hedge funds that engage in it.
+
+Hopefully this paints a picture. Information is compartmentalized from everyone. It is a system purposefully built to keep information separated and non-public. That is why data providers make a lot of money to provide real time data. That is why a shorting hedge fund is willing to pay hundreds of millions of dollars for payment for order flow. It gives them the data they need to make money. If everyone had the data, no one would be able to manipulate the system.
+
+## Direct Share Registration happens in a vacuum.
+
+It doesn’t matter how many shares are direct registered. Only the DTCC, Transfer Agent and Company know how many shares are registered. The Brokers are in the dark. The Shorting Hedge Funds have limited knowledge. Even the SEC has virtually no idea.
+
+It doesn’t matter if the float is 1% locked or if it is 99% locked. The effect of direct registering is exactly the same, negligible. (Please keep reading).
+
+That is why Direct Registration was not doing anything. That’s why despite the best of efforts and intentions direct share registration was doing nothing. The price was sinking with even more aggressive shorting to try and play the narrative that direct registration does nothing. This was the FUD that has been pushed for the last 4-6 months:
+
+>If DRS works, why is the price going down?
+
+**ENTER GAMESTOP**
+
+That was. Until GameStop filed form 10-Q on December 8, 2021 and included the following line:
+
+>As of October 30, 2021, 5.2 million shares of our Class A common stock were directly registered with our transfer agent, ComputerShare.
+
+Suddenly, everyone was aware of how many shares were direct registered. Filing the 10Q with the SEC created a factual known and public data point for the number of shares direct registered. There was suddenly no denying that shares were being direct registered.
+
+The stock was however, still going down.
+
+This is where we were met with the FUD:
+
+* If Direct Registering works, why is the price *still* going down?
+* It’s only 5.2 million shares, it will never be enough.
+* You’ll never hit 10 million shares, it will take years!
+
+Then GameStop filed form 10-K on March 17, 2022 with the following line:
+
+>As of January 29, 2022, 8.9 million shares of our Class A common stock were directly registered with our transfer agent, ComputerShare.
+
+**Boom.**
+
+Suddenly there were two very public and factual data points. This was enough for everyone in the dark to see how many direct registered shares there are and the trend and forecast for where these numbers are headed.
+
+* It allowed Short Hedge Funds to calculate how fucked they are.
+* It allowed the Brokers to calculate how many shares may exist outside of their own brokerage based on their own customer accounts and other trends.
+* It allowed the SEC to get an idea of who holds what shares based on the information in the public filings.
+
+Direct Registered Shares *would* not have done anything prior to being 100% registered, UNTIL GameStop released the numbers in their SEC filings. Now that everyone knows these numbers we suddenly see borrow rates going up, Brokers are suddenly more aware of how many shares are actually available. The claim that there was a good faith belief they could locate shares to short was suddenly growing narrower and narrower.
+
+**GAME ON**
+
+Thanks to the efforts of /u/Roid_Rage_Smurf (DRSBOT), /u/jonpro03 ([Computershared.net](http://computershared.net/)) and /u/StopFuckingWithMe (CS Account High Scores) we now can calculate the number of direct registered shares to a high degree of accuracy. The current number is without a doubt, above 10M.
+
+# How do you know its going to do anything?
+
+## The Volkswagen Squeeze
+
+I absolutely hate that I am about to mention the Volkswagen squeeze. It is the *‘ole reliable’* trope, *‘we’re here’*… but history does repeat. Let’s take a quick cursory overview of what happened with Volkswagen.
+
+* Porsche purchased a 42.6% stake in Volkswagen.
+* They also purchased 31.5% in **ITM** call options totaling a combined ownership of 74.1%. (Yes, that 741).
+
+This mere act of purchasing these shares and call options did not cause Volkswagen to squeeze, in fact it looks like the price dropped during the purchasing period. This purchase effectively happened in a vacuum, just like direct share registration. It was not until Porsche **announced publically** that they had acquired the high percentage of ownership that the shit hit the fan.
+
+With public filings, it was known that Porsche effectively owned 74.1% and another institution owned 20%. At that exact moment everyone was publicly aware that the float was only \~6%. Through other public filings, it was reported that the stock was 12.8% short. Since 12.8% is greater than 6% suddenly there was a rush on the stock. Short sellers calculated that they were fuk. This would not have happened had the data not been made public.
+
+## Side quest: Ryan Cohen and BBBY
+
+Similarly Ryan Cohen buying 10% of BBBY did not cause the price to increase. The price actually was somewhat flat and even dropped around the times he purchased. It was not until he filed and announced publicly he had purchased that the price spiked.
+
+## Applying the same idea to GameStop.
+
+Through filings and other data we know approximately how this may apply to GameStop. (I am using numbers from [Computershared.net](http://computershared.net/))
+
+​
+
+|Category|Shares|
+|:-|:-|
+|Issued Shares|76.3M|
+|Institutional|\-13.7M|
+|Mutual Funds|\-7.9M|
+|ETFs|\-6.6M|
+|Insiders|\-12.7M|
+|Direct Registered|\-10.5M|
+|ITM Call Options|???|
+
+Remaining shares: \~24.9M  
+“Reported” Short shares: \~15M (according to Ortex)
+
+Right now 15M < 24.9M shares so an immediate short squeeze isn’t guaranteed. The odds of a squeeze however will increase more and more with one of the following things happening.
+
+* Direct register another \~10M shares & report those direct registered shares in a public form with the SEC.
+* A large investor or institution buys \~100K ITM call options and files their purchase publicly.
+* Institutions / insiders increase their positions by \~10M shares and report their purchase publicly.
+* Short sellers increase their short position by 10M more shares OR the actual short numbers are revealed to be much higher to the public.
+
+**Again. The key to all of this is the information being made available publicly. Back room deals made in dark pools or even buying on lit markets will not do anything unless you can file and report that you are an owner of the stock. This is why institutions, holders of over 5% stock and GameStop reporting their direct registered numbers is so important and powerful.**
+
+If there is a factual and known public data point showing that shorts exceed the remaining shares then everyone will be aware. All parties will know that the shorting hedgies r fuk and they will be exposed. There will be FOMO buying, there will be panic and the price will start to squeeze. Demand will exceed the supply.
+
+This is a mathematical certainty.
+
+## Where does direct registering go from here?
+
+**Up. We go up.**
+
+In the past \~10 days or so we have seen a third wave in direct registration. We have also seen large positive sentiment on UUSB and an increase in YOLO options. Information on how to Direct Register has been spreading to more and more investors. Shout out to [https://www.drsgme.org/](https://www.drsgme.org/) and /u/millertime1216.
+
+I believe it is possible we could see a huge spike in direct registered shares and we could definitely add another 10M shares to the DRS count in the next 4-6 months.
+
+Wave #1: DRS Finally Gains TractionWave #2: Fidelity accidentally says they have 10M shares to lend.Wave #3: Increased price action, new interest in stock (FOMO).
+
+Here is a graph thanks to [Computershared.net](http://computershared.net/):
+
+[DRS Graph from Computershare.net](https://preview.redd.it/5iu4w1ou1zp81.png?width=1000&format=png&auto=webp&s=2d8460e6a5dfd5069c81ffee9a53917d91191af5)
+
+This is a waiting game, MOASS is a certainty. DRS your shares. 🚀🌙
+
+**TL;DR:** Direct registering locks up shares so that the DTCC cannot touch them, but direct registration happens in a vacuum. All of the various parties are in the dark about the actual number of shares direct registered. That was until GameStop announced the direct registered numbers in their public filings. By doing this, it allowed every party to calculate the situation more accurately. We saw the borrow fee increase as a result. It can be shown that with public filings, stock movements can occur with the new information, such as what happened in the 2008 Volkswagen squeeze (old reliable). Direct registering shares is finally having a direct impact due to the publicly available information. Price increases, insider buy ins, FOMO, options and UUSB are all having an increase on direct share registration. MOASS is a mathematical certainty.
+
+​
+
+OBLIGATORY. This is not financial advice. I may be wrong, please let me know if I have anything wrong in the comments below.
+
+​
+
+EDIT #1: I want to elaborate on something regarding the additional 10M shares DRS'ed to enter short squeeze territory. This assumes that no one, including institutions, insiders and mutual funds intend to sell. That's just my baseline where you start to threaten to squeeze through certainty. For even greater certainty, you would need to register the whole subsection of float, which is another 25M shares. This would lock all the floating shares, but would still leave the ability for insiders, institutions or mutual funds to sell which would hinder a squeeze.  You would then need to DRS an additional 15M shares (the number of shares sold short) to effectively lock in a squeeze and prevent it from being overly impacted by institutions, insiders and mutual funds.
+
+My squeeze table would look something like this:
+
+​
+
+|\# of DRS Shares|Impact|
+|:-|:-|
+|10M|Increasing borrow rates. (We are here)|
+|20M|Float = Short shares (Squeeze territory)|
+|35M|Float = 0 (Zero liquidity)|
+|50M|Float = -15M (equal to 2x shares short)|
+
+Once you start to hit that 35M level of shares DRS, you are eating into mutual funds and institution's shares. They will not allow that to continue and would hopefully have recalled any lent out shares well before that point.
+I want to get into creating trading algos, but I want to make sure that it’s a plausible endeavor first. Are there still edges to exploit for normal traders, or is algo trading the realm of expensive high frequency trading machines that retail traders shouldn’t even bother to compete with? What are the limitations?
+I bought my first car three days ago after years of saving and months of looking. I went through the dealership first to see if I would be approved through them (I wasn’t) so I went to my bank to see if I could be through them because they were having an auto loan deal happening anyways and I was approved immediately. Needless to say I was excited but still nervous as I’ve never taken a loan out or ever had a car payment til now. I went and got the car the same day after leaving the bank. 
+
+Since I’ve never had a car payment ever as every car I’ve had, has been a paid off old used cars I’m so scared I’ve made a mistake and gotten way over my head. I don’t know the best strategies to use or what exactly to plan for or do. I am a saver more than a spender so I try to tell myself that everything will be fine but I also have bad anxiety when it comes to finances and worry myself to death constantly.
+
+My car loan is for $37k (I put 5k down on the car) and my APR is 3.59%. My payments are around $582 a month. I don’t have any payments for 90 days so I’m trying to remain calm and just save my little heart out but I’m so stressed now that I have it that I haven’t been sleeping and just keep worrying myself to death. 
+
+What are ways I can make sure I don’t mess up and can also pay my loan off faster but I’m a good way? Any advice would be amazing.
+Two weeks ago I sold a 11/12/21 $1100 put on TSLA for $23.45 and it’s currently $87.08. 😂 anyone else got caught up in this? Will
+Most likely role down and out until I can run away with the profit but MAN THIS IS SCARY!
+The long awaited Bitcoin Taproot upgrade is 6 days away. For those of you that don’t know, it basically:
+
+- Unlocks the potential for smart contracts
+- Allows for privacy protected transactions 
+- Lower transaction fees
+
+Bitcoin will become a major DeFi player after this upgrade.
+
+It is the first upgrade for the network since November 2017. Segregated Witness (SegWit) was deployed, and the network forked to create Bitcoin Cash.
+
+The multiple signature part will enable more complex transactions like those used in smart contracts. Developers are already working on smart contracts for the Lightning Network which is Bitcoin’s layer 2 scaling solution.
+
+Anyone here needed a reason to be bullish on BTC?
+I'll be honest, I'm a 23 year old who knows nothing about money besides to save it, hence why I'm here.
+
+My parents are seniors (68f, 70m). My dad has worked his whole life as a self contractor doing carpentry. He was working up until September where he got chest pains, went to the ER and found out he immediately needed a triple bypass heart surgery. He was in the hospital for two weeks for prep and tests, and then another two weeks or so for recovery. They've told him that he cannot go back to work anymore - especially something so labour intensive. It took him over a month to be able to walk for more than a few seconds and he still struggles with breathing, plus he constantly needs to take a ton of heart medication now (for the rest of his life). Plus now he's at high risk due to covid. My mom has small scale babysitting (under five kids) but that came to an end when covid started.
+
+My dad is in a lot of debt. I don't know the exact number but I'm guessing close to 100k between all his credit cards. My dad has a lot of credit cards with interest rates as high as 20%, and he's too stubborn to find a better option because he refuses to admit he's made bad financial decision.
+
+I believe my dad got his pension sorted out and gets $700 a month. My mom hasn't applied for hers because she said she'll get $400 at most so it's not worth the effort ($400 is better than $0 Imo). They don't get any other government support in Canada. They're also Polish citizens. I don't know the exact details but my mom is getting some retirement money in Poland but she can only get it when someone visits Poland and brings it back for her - which I'm not sure why. I don't believe my dad is getting anything in Poland.
+
+My sister has been pushing for my dad to file for bankruptcy to help with the debts, which he seems to be in the process of pursuing. They don't own anything. They rent an apartment and borrow my brothers car when they need it. I paid for uni out of my pocket so they weren't affected by that either. Their rent is ~$1400, which is really cheap for our area. My dad made about 35k a year before. 
+
+Is there any other financial assistance they can get? I just can't understand how two seniors can only be getting $1100 in support when the average rent in my city is $2100 and so many others seem to have found at least some top up through covid relief (especially since my dad can't work anymore and my mom is his caretaker) or elsewhere.
+
+I hope I included all the important info. Please ask if there's anything I missed.
+
+Edit: I just want to thank everyone so so much for their input. I never expected so many of you would take the time to help me our and offer advice to guide me and my parents through tough times. I wrote this up before work on a whim thinking I'd get a few responses if any. I wish I could reply to everyone individually. If anyone has asked a question I will try my best to get to it when it slows down at work. Thank you again!!!!!
+I’m Head of Maths at my High School.  For some time, I have wanted to start a “Stock Market” club whereby I would educate students about the stock market and start them with virtual funds and run competitions, discuss investment strategies etc.  I wanted to discuss all things stock market but have the students invested in it with virtual money.
+
+I’ve really struggled to find an appropriate platform.  I want something as easy to use as Trading212, but don’t think it would be appropriate to ask 12-18 year olds to open a Trading 212 account, nor if that would be legal in the first place.  However, T212 has the “virtual/practice” aspect to it that I am looking for.
+
+There are programs aimed at schools “The Stock Market Challenge” but it is based on made up stocks etc.  I wanted my students to have access to virtual monies and invest in the U.K. and US markets through companies they are passionate in and have researched.
+
+Can anyone recommend the best way to go about doing this?  Something intuitive and is appropriate for students to use.  A phone app would be a plus.
+
+I appreciate any advice - perhaps someone has done something similar?  I have checked out a virtual account on the London Stock Exchange website itself but it wasn’t very good at all.
+I run a limited company and one of its perks is the generous taxation on pension contributions. If the company makes a contribution, it reduces its corporation tax bill and because it is not a personal contribution, no income tax is paid on it. This is tax efficient for the both the company and the employee.
+
+Currently it is common place to have matched contributions. For example, the employee would pay 5% and the company would match 5%.
+
+However, as far as I’m aware, there’s nothing stopping the company paying all of the contribution without the employee paying anything, as long as the contribution does not exceed the annual salary of the employee.
+
+Therefore, I’m wondering why there aren’t any jobs (as far as I know) that incentivise employees by paying large, unmatched pension contributions as remuneration for working there.
+
+For example, if a job paid £30k in salary and £30k in contributions, this would mean the employee is still a basic rate taxpayer and they get a HUGE boost to their pension every year - probably equivalent to 5-10 years of contributions they’d get at another job. This also saves the company a lot of money on tax. The only downside is that the employee has less money today.
+
+I could see this really appealing to people who don’t require huge amounts of money to live on and want to secure their future, especially those later in life who need to top up their pension before they retire.
+
+What do people think? Am I missing something? Why isn’t this a thing companies do? Thanks
+Hi All! After a few years, I'll be starting a job in the fall. My overall financial situation looks like the below:
+
+\- Age: 30
+
+\- Current Savings: $7k in Fidelity retirement plan (from an old job). I'll also have roughly $5-7k cash to help get me set up in a new apartment and get on my feet.
+
+\- Debt: \~$130k (about 85% of it is federal loans).
+
+\- Yearly Salary (once I start): $190k. This will net out to roughly $10,333 per month \*without\* any 401k or other pre-tax contributions (like insurance).
+
+\- Fixed Costs per Month: $130 (car lease), $60 (insurance), $140 (cell phone), $300 (groceries), $3k (loan payments), $240 (mass transit)
+
+Goals:
+
+\- Rent for 5 years. In that time, save up enough to buy a house (ideally have $70-100k accessible for down payment by year 5).
+
+\- Knock out my student loans. Between the $3000 monthly payment and directing my entire yearly bonus and any other unforeseen payments into the loans, I feel like I can smash it within 3-4 years.
+
+\- Catch back up on my retirement savings, considering I've been stagnant on that front for the last 3 years.
+
+Questions:
+
+\- Considering the above-mentioned fixed costs, what should I be looking at in terms of rent? I was able to find some good 1BR apts between $1700-2300 per month, and I think that should be reasonable. Alternatively, if I wanted to set up in an in-home office (this would allow me to leave the office at reasonable hours and finish work at home), I'd be looking at $3000-3500 for 2BR apts. Would going that high be too wasteful?
+
+\- My employer 401k match is up to 5%. If I understand that correct, that means they'd max out their side at $792 per month. Does that mean I shouldn't go higher than that in my monthly 401k contributions?
+
+\- What do I do with leftover funds that I want to invest? Just start pumping $1k+ monthly into mutual funds?
+
+​
+
+I finally feel like I have a shot to get myself into a nice, stable financial position after a few years of concerted effort, so I'd really appreciate any thoughts (blunt or otherwise) to help me not screw this up!
+
+​
+
+EDIT: Realized mass transit fixed costs should be added. I have made the necessary update.
+Original post:https://www.reddit.com/r/personalfinance/comments/42rb0e/married_7_years_husband_managed_all_money_and/
+
+First update: https://www.reddit.com/r/personalfinance/comments/4kwx5p/found_out_january_2016_husband_of_7_years_has/
+
+
+After an insane year, we are completely out of credit card debt! We have paid back a total of $67,000 in one year. We made our last payment on our 8 year anniversary, Dec 31st, 2016. So we entered 2017 with no cc debt.
+
+We have also refinanced our home to a 15 year mortgage for 2.75 interest (was 5.12), and our student loans are refinanced through SoFi. 
+
+We have zero other debt, and are now saving between $1500-2000 a month.
+
+What worked for us (financially...the emotional side of it was all thanks to therapy and love): I set up a budget through Google sheets, EVERY penny was tracked and accounted for, if people are interested I can take a screen shot of it to show how I broke all the expenses down. We also tracked exactly how much we paid in interest monthly and daily in order to recognize how to prioritize what to pay back. We have lowered the amount we pay in interest monthly by $1200. If you've never done it...I would really recommend taking the time to figure out how much your debt is actually costing you. (Total amount of loan × interest (change to decimal first!) divided by 12) it's not exact but it gives you a good idea.
+
+We are still adjusting to settling into a calmer way of life after the rush of this past year. We are enjoying our 5 month old daughter, and working to find ways to connect and enjoy life without spending. We asked for memberships to zoos and museums for christmas from family so we can go on day trips. We budget date nights in advance and are already starting to pay for our vacation in Jan 2018.
+
+As far as other financial planning...we are getting our retirement squared away ( he will be contributing 10% with an 8% company match, I have a pension and a 403) and setting up a 529 for our daughters college. 
+
+Although it was hell for a while, I'm grateful for the lessons learned through this past year, I was living in denial before, and now I feel like I could take on anything. I have confidence in my ability to manage money, and my husband now has a much deeper understanding of himself and his vices. 
+
+Thank you for your help, this subreddit  made such a difference. Thank you for your encouragement and advice, this is a great online  community!
+
+Here is the screenshot of two separate months...the first is a past month(nov) showing a completed budget, and then an empty future one (feb)...and yes I know that we went over our extras and pets budget for Nov(christmas shopping), but the amount we went over was then deducted from those categories for December. 
+
+http://imgur.com/a/xDUkE
+As the title states. Hes 31 and zero retirement savings. His current job doesnt offer 401k. He currently makes about 42k per year 
+
+I am ahead of where I should be with my retirement savings, so I dont mind sharing part of mine with him when the time comes. But I wont have enough for both of us completely. 
+
+What are his options to start getting caught up? The only thing I can even think of is to start a Roth IRA account, but I assume even with that it wont be nearly enough without an employer contributing to it.
+
+He has floated the ideas on how to make extra money on the side to put towards retirement. Like buying a house and renting it out/turning it into an AirBNB to make lots of extra money, but I'm not sold on the idea. I think that idea is too risky, but maybe I'm wrong 
+
+Any advice at all would be appreciated
+ As the title says, I am a 19-year looking to invest $1000 per month. I am in college currently and work two jobs during the summer. I can afford to invest 80% of my earnings for the next four years.
+
+I only hold about $1000 currently in SWPPX in my Roth IRA account. (And have $15,000 of inheritance coming back from T-bills in 3 months I also want to invest.)
+
+I have a watchlist of about 40 stocks I am looking at that are a collection of tech, growth, etfs, REITs, dividend stocks, and more. Looking for advice on what to take off my list, what to add, and what percent of each area I should hold. I am willing to tolerate risk, but looking to create a portfolio that will compound with dividends and steady growth in the future.
+
+Willing to take any and all advice on any part of my big ask. I love reading through this reddit everyday and have already learned so much from the smart people here. I understand I am asking a lot, but would appreciate recommendations on any stock or general advice.
+
+I also understand I am very fortunate to be able in a position to invest this amount of money, and am not meaning to boast my situation. I am genuinely seeking wisdom from the incredible people here.
+
+​
+
+https://preview.redd.it/u4djvnumzza91.png?width=1390&format=png&auto=webp&s=66b405b110d63a7fa56366827202c217f410867c
+Hi folks! I am trying to buy my first rental property in Texas. When running the numbers regardless of what I do I get negative cash flow. Unless I do a high amount of downpayment. The best case numbers scenario I have seen is at the end of each year equity is higher than initial investment + negative cash flow. 
+
+Example 
+Townhome for 190k, 
+1055sq ft. Rent would be around ~1100
+Calculating 5% vacancy for expense
+500/yr for random expenses
+HOA is 100/Mo
+Calculating Interest at 5%
+Hello RE community,
+
+I'm new to RE investing and recently closed a property.
+
+My agent mentioned briefly that they form a new LLC for every property they buy.
+
+I understand that LLC per property restricts scope of liability to that LLC only.
+
+Where can I under the long term merits and demerits of LLC per property?
+What have you done that helped you in long term?
+
+I plan to buy more property in future.
+It is common in the United States to live well above your means. It is not only put through commercials that you need the newest iPhone, vehicle, and to go to this or that online college while also maintaining your life somehow... The notion that you now need to buy as big of house as you can possibly be allowed to by your bank/credit union is in fact nothing new. This idea started decades ago, and it went into overdrive in the late 90s, and super overdrive in the early 2000s. **This is the catalyst as to why the recession in 2008-2010 happened**. 
+
+So do not ever, under any circumstance let someone poke fun at you for living with a relative. To look at it more globally that just within the United States, in many countries around the world it is not only normal but encouraged to live with your relatives until you are well into your 20s, even 30s. So do not buy into the lie that you must immediately after graduating from high school or college get your own apartment. You do not need to pay a complete stranger (landlord) $1k a month when you can pay a relative $300 a month to live somewhere. As a matter of fact, you are probably going to be in a better neighborhood living with a relative compared to living in your own place. 
+
+**TL;DR**: Stop letting other people's opinion of where you live bother you. It is normal in several places around the world to live with relatives into your 20s/30s.
+Basically, I’m currently employed and considering leaving my job for a number of reasons. I’ve just received an offer with a new company. I made the unfortunate mistake of giving a salary range before learning about the new company’s benefits, and I definitely undersold myself. The company just gave me a formal offer with a salary at the bottom of the range I gave them. It’s about a 12% increase from what I make now, but I’d be losing some pretty fantastic benefits. I don’t really feel like I can complain, but truthfully this would be a lateral move. I plan on negotiating, seeing as this isn’t enough to get me to move.
+
+Now, my current company has just given me a bonus of $5k, but it won’t hit my account until the end of the month. If I accept this offer I’m almost certain they won’t honor the bonus and I can’t blame them. Would it be unprofessional to mention this bonus in my negotiations with the new company? Or should I stick to talking about the benefits?
+
+Delaying my start date doesn’t feel like an option seeing as I’d have to delay it almost 6 weeks to avoid giving my notice before the bonus is paid.
+
+EDIT: Thank you guys for all the encouragement and advice! I thanked them for the offer but told them truthfully what I needed to make the move worthwhile. Fingers crossed. 
+
+To all the folks recommending I just hang around till the bonus is paid and leave without notice—my industry is fairly small and people move around a lot, so there’s a good chance I’ll end up working with some of my current colleagues again in the future. Burning bridges isn’t really my style and it’s definitely not a smart move in my case.
+First time posting here. On mobile. 
+
+So 20K less. He DID feel like he wasn’t as qualified but went for it anyway. The interviewer really liked him and gave the impression that he was *more* than qualified. We are obviously disappointed in the offer. What can he do? How does he counter offer and for how much? Does he mention the job posting that stated 50k-100k (based on experience) starting and a $5k sign on bonus which also not included in the offer letter. 
+
+Appreciate any help you have to offer!
+
+**edited to update more accurately job posting**
+
+Edit/Update: Thank YOU for all the responses. My husband and I read through them together and he is confident in the decision to counter offer (probably 60k) and if they don’t come up, than he is walking. As many made clear, if they don’t budge or choose to rescind the offer, than “good riddance.”
+This week's casual valuation is Bark, a company that's down more than 85% since it became public back in December 2020 through a SPAC. It's a small-cap company with a market cap of close to $320m and is not (yet) profitable.
+
+​
+
+The post will be divided into a few segments:
+
+1. Understanding the business
+2. Understanding the historical financial performance
+3. Laying down some assumptions to value the company
+4. Valuing the company based on assumptions significantly different than mine
+
+**What is Bark?**
+
+If the name itself wasn't explaining enough, it is a dog-centric company, selling products in the US in 4 different categories:
+
+\- Play (Toys/treats)
+
+\- Food
+
+\- Health (Treat-like dental sticks & gel toothpaste)
+
+\- Home (Dog beds, bowls, collars, leashes)
+
+Is it revolutionary? Not really, there's nothing special about the products that they're offering, in fact, it is a pretty simple company to understand. However, there are two things that stand out:
+
+1. There are subscription plans where the dog owners receive a monthly package, tailored to the dog (based on breed and certain characteristics). These packages can be either related to toys/treats or food. The # of subscriptions increased significantly:- March 2015 - 200k- March 2019 - 1,046m- March 2022 - 2,265mAgain, nothing revolutionary, and any company that is in this industry can offer the subscription model. It is a model that can be easily replicated.
+2. Over 90% of their revenue is generated DTC (Direct-to-consumer) through their websites, hence, their margins are higher than if they were to sell the same products through a 3rd party.
+
+So, we are now aware of the products that they sell, but we still need to uncover how they do it.
+
+The manufacturing of the products as well as the logistics (including delivery to the final customer) are being outsourced. The company is only involved in the R&D, Marketing/Sales activities as well as preparing the orders. For that purpose, they have 3 leased office spaces (1 in New York and 2 in Ohio) and 3 leased warehouse and distribution centers (in Ohio, Kentucky, and Nevada).
+
+As of 31st March 2022, they had 643 employees, divided into 5 buckets:
+
+\- 227 Bank ambassadors (employees responsible for customer service, dealing with orders/complaints)
+
+\- 125 Marketing, general & administrative
+
+\- 102 Operations & fulfillment center employees
+
+\- 96 Engineers, data scientists & technology staff
+
+\- 93 Designers & creative team members
+
+​
+
+There are a lot of mixed reviews when it comes to the company's products (including the subscription model). There are quite a lot of satisfied customers, but there are also plenty of others that are either unhappy with the quality of the contents of the package (for example, the dog destroyed the toy within 24 hours), and oftentimes regarding the package being late. Although that is being outsourced to a third-party company, Bark is ultimately responsible for customer satisfaction.
+
+Toys as a product aren't something that is needed monthly. There comes a time when an additional toy doesn't add value to the collection of toys accumulated over time. Hence, the company has a 7% monthly churn rate and this doesn't come as surprise.
+
+​
+
+**Historical financial performance**
+
+The company's fiscal year-end is March 31st (this date was mentioned a couple of times above) and the latest quarterly report is as of June 30th, 2022. Therefore, when I'm referring to the year 2022, that is the period between April 1st, 2021 to March 31st, 2022, and when I'm referring to the last twelve months ("LTM"), that would be the period between July 1st, 2021 up to June 30th, 2022.
+
+The revenue increased from $224m in 2020 to $379 in 2021, representing a growth of 69% as the company became public. If there's one thing that's well-known about companies that become public, is that their recent historical performance is better than their performance in the near future.
+
+Bark was no different in that aspect, the growth to 2022 declined to 34% and the projected growth for 2023 is 10%. This explains the decline of the share price to a large extent. When a company goes public, the starting point for future expectations is its recent past performance. However, when there's a significant deviation from that, the price adjusts.
+
+The gross margin was relatively stable (between 56% and 61%), which is quite good for a company at this stage. But, there's a minor catch and we'll get to that in a bit.
+
+The other operating expenses that the company has to cover are :
+
+\- General & Administrative (which grew from 52% of revenue back in 2020 to 60% in LTM) and;
+
+\- Advertising & Marketing (which decreased from 21% of revenue back in 2020 to 14% in LTM)
+
+​
+
+This leads to a negative operating margin ranging from -12% (back in 2020) to -18% in LTM.
+
+​
+
+It isn't surprising for a high-growth company at this stage to lose money. The question is, how is it going to become profitable?
+
+One of the arguments is economies of scale. In theory, as the company grows in size (in terms of revenue), the operating expenses grow at a slower pace, hence the margin improves over time. However, so far, that doesn't seem to be the case. Yes, the advertising & marketing expenses did decrease (as % of revenue), but that isn't the case for general & administrative and that's where the company needs to make the biggest improvements.
+
+So, here's the catch:
+
+There are so-called **fulfillment costs.** They represent those costs incurred in operating and staffing fulfillment and customer service centers, including costs attributable to receiving, inspecting, picking, packaging, and preparing customer orders for shipment, outbound freight costs associated with shipping orders to customers, and responding to inquiries from customers.
+
+Now, based on this description, what is your first thought about these costs? Where do they belong, what do they relate to?
+
+In my opinion, these are direct, variable costs that will increase as the company grows in size. The more orders they have, the more products they need to ship, and the more it will cost them to receive, inspect, pick, package, and prepare customer orders as well as higher outbound freight costs.
+
+However, these costs (amounting to $53m in 2020, $95m in 2021, and $151m in 2022) are part of **GENERAL AND ADMINISTRATIVE** expenses.
+
+So, what I did was, I shifted them to the cost of goods sold, to better understand the impact on the gross margin. The outcome --> Gross margin close to 30%.
+
+Now that gives a different perspective on the company's profitability as well as the operating margin that I can expect when it's a mature company.
+
+The company provides nice overviews when it comes to subscriptions, customer acquisition cost ("CAC"), and the LTV ("Lifetime value").
+
+For 2022, the CAC was $53.43, and the LTV was 4.7x.
+
+What does this mean? If we multiply the two, we get to an LTV of around $250. That's the value that a customer will bring over their lifetime. This $250 is the gross profit that the customer will bring, based on the company's measure (which excludes the fulfillment costs mentioned above).
+
+Is this illegal? Absolutely not. Bark publicly discloses its accounting policies and it has the right to use this approach. Do I agree with it? Not really.
+
+​
+
+**The balance sheet**
+
+The company has a relatively simple balance sheet. Here are the key points as of 30th June 2022:
+
+\- Cash of $177m
+
+\- Inventory of $158m
+
+\- PPE (including leases) of $75m
+
+This represents over 90% of the entire balance sheet.
+
+The debt position isn't significant consisting of $76m long-term debt and $53m leases.
+
+**Assumptions about the future & valuation**
+
+There are only a few analysts that focus on this company as it's relatively small in size and not profitable.
+
+​
+
+My assumptions:
+
+**- Revenue growth** of 10% for the next 3 years, then declining to 5% and then to 3.9% (same as the risk-free rate). The analysts' expectation involves 25% growth in 2024, which I personally cannot include in my forecast as I cannot fundamentally explain what can cause such a jump, hence, I am being more conservative.
+
+**- Operating margin** of -10% for the next year, improving to 4% in year 5 and ultimately to 10% starting from year 7.
+
+**- A discount rate of 10.51%** (WACC-based), decreasing to 9% over time (assuming the company becomes more mature and hence, less risky)
+
+​
+
+Based on these assumptions, the fair value of the company is $503m (**$2.85/share**).
+
+The current market cap is $319m ($1.81/share).
+
+*Note: I have taken into account the cash, debt, and deferred taxes on their balance sheet as well as the outstanding equity options.*
+
+However, out of the $503m, only $48m is due to the present value of the cash flows in the next 10 years! The majority is based on the value that the company generates afterward as a stable, mature, profitable company.
+
+Hence, the fact that it is trading below what I consider intrinsic value is justified to some extent. There's a lot of uncertainty and Bark still needs to prove that it can find its way to profitability.
+
+It is definitely reassuring that the company's management is buying and not selling shares.
+
+​
+
+**What if my assumptions are significantly wrong?**
+
+Based on the assumptions above, the revenue will grow by 76% to $927m in 10 years and the operating margin will be 10%.
+
+I am aware that my assumptions could be significantly wrong. So, let's take a look at how the value of the company (per share) will change based on different assumptions regarding the revenue 10 years from now and the operating margin:
+
+​
+
+|Revenue/Op. margin|8%|10%|15%|20%|
+|:-|:-|:-|:-|:-|
+|50% ($782m)|$1.8|$2.5|$3.9|$5.4|
+|78% ($927m)|$2.1$|$2.9|$4.5|$6.3|
+|100% ($1,042m)|$2.3|$3.2|$5.1|$7.0|
+|150% ($1,303m)|$2.8|$3.9|$6.2|$8.7|
+
+​
+
+The table illustrates how much the company needs to grow and how high should the operating margin be so that Bark is fairly valued today.
+
+The last column of 20% would've been appropriate if the gross margin of 55% included all the expenses. Since that's not the case, if the company is to become profitable (which is yet to be proven), I could only forecast an operating margin as high as 10%. Is it possible that it gets to 15%? Absolutely!
+
+The company has a good customer base built, so it wouldn't be surprising if another company acquires it.
+
+What are your thoughts on Bark, its products, and its valuation?
+Intel is starting to look not just like a value stock, but deep value. In my opinion at PE of 6 it gives a large margin of safety in a growing industry with potential upside if the CEO succeeds on the new strategy. This could be a Lisa Su moment for Intel.
+
+However, the stock just keeps getting hammered. Admittedly it is less than AMD and Nvidia, but those are coming down from crazy multiples and have exposure to the crypto bubble (esp Nvidia).
+
+Do you think there is a spillover to Intel perhaps due to the fact that they will always be grouped together as part of various indexes? I would expect Intel to do better given the pivot to value this year so surprised to see these consistent big moves.
+
+FYI I do not hold any shares, but am looking for an entry point. Considering the beginning of August which I think could be a good timing due to: 1) another 50-75 from the Fed before a break till September; 2) US GDP print which has potential to show negative (recession); 3) I think inflation will start to moderate by then; 4) Most importantly Intel, AMD and Nvidia will all have just reported. I expect guidance to be lowered materially, particularly Nvidia which is exposed to the crashing crypto market.
+The title says it all. I see so many alternative measures of valuation that claim to be superior to the P/E ratio, but the latter is always included in stock fundamentals. If it were really off and relatively useless, we'd have phased it out by now, I think. Thoughts?
+TADR; Sorry
+
+Hey guys, this has been a long time coming. 
+
+Im a January ape. Most of my shares were bought above 300$.
+
+It’s been a gruelling year.
+
+I’ve been holding onto the idea that GME would moon. 
+
+I read all the DD, and yet today, something feels wrong.
+
+It just feels like the fundamentals are not there anymore.
+
+This is why effective today, I will be continuing to hold and Ken can suck my balls.
+After my (49F) divorce, I acquired a lot of debt. My ex spent our nest egg without my knowledge, so I started out with nothing but a vehicle that I was still paying on. Most of the debt I gained was from medical bills (I’m disabled & lost some very good insurance), but there were many other factors too. I’ve never been rich, but I’ve always been comfortable before all this happened. I ended up moving back to the Midwest to live with my parents, which was less than ideal. 
+
+Over the years, I almost went bankrupt more than once. I tried getting help with one of those payment relief programs, which paid my creditors late. More medical issues arose, a new (used) car had to be bought, I raised my teenage daughter with minimal help, surprise taxes, etc. I kept on paying as much as I could, though, & as of today, 
+
+I am DEBT FREE!!!
+
+I paid off over $30k in four long years. I remember being frozen in anxiety because of my debt, wondering if I could ever pay it all. Well, I just did! It was hard, I sacrificed a lot, but I am SO proud of myself! 
+
+I don’t have much, but I don’t owe banks, accountants or surgery centers anything! Even my Chevy is paid for. I’m moved into my new modest apartment yesterday. It’s low income for disabled people, but it’s clean, quiet, safe & all mine. I’m so happy & content. 
+
+I just wanted to share my story. If it even gives one of you hope, it was worth sharing. Please don’t ever give up!
+We will be going on an all-inclusive vacation to a resort island that assigns you a butler to bring drinks, food, set up water sports, anything at all. This is the first time we’ve done something like this, so I want to make sure we aren’t being rude. What is the etiquette around having a butler?
+
+Do we tip? Is once at the end of the trip enough, or do we tip every time something happens? How much is expected? Is there a general common courtesy around the hours worked (like don’t call at 3am)? What questions am I missing?
+Today I attended a workshop by Simple Option Strategies. They spoke about the following three specific strategies:
+
+* the trades are made up of a call credit spread, a put credit spread, or both using an iron condor
+
+SPX 0DTE trade
+
+SPX 7DTE trade
+
+SPX Monthly trade
+
+​
+
+The individual indicated that you could produce 5-15% returns in an account on a monthly basis. I am having a hard time digesting this because it either blows my mind or it's bullshit. 
+
+​
+
+Can anyone chime in with any input as to the validity of such claims? If someone out there is doing this please reach out. I would love to hear from you. 
+
+​
+
+Thanks.
+📣Remember the DD📣 and that All Short must cover / close their short positions....Ok so months ago there were posts floating around about how the ▪️shills▪️ would attack during the MOASS....well here is a list.
+
+
+
+
+#The Shills have had plenty of time to :
+
+⚠️🚀 Photo Shop Fake Gain Porn
+
+⚠️🚀 Create fake FUD posts 
+
+⚠️🚀 Photo Shop Fake Loss Porn
+
+⚠️🚀 Make post how their brokerage sold their shares
+
+⚠️🚀 Spamming I sold
+
+⚠️🚀 Create fake FUD posts
+
+⚠️🚀 Create fake BOT accounts
+
+⚠️🚀 Create fake websites to spread fake news
+
+⚠️🚀 Create fear of their brokerage app not working 
+
+⚠️🚀 Red MOASS candle hype 
+
+⚠️🚀 Create Posts how they brokerage made then an offer
+
+⚠️🚀 Create posts about other subs being infiltrated
+
+⚠️🚀 Create fake FUD posts
+
+‼️They, them, the shill have had plenty of time to organize FUD for months‼️
+
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+
+
+🎮 Power To The Players 🛑
+
+◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾
+
+
+Message for the shills 👀📣
+
+I'm also certain that once the actual moass happens the weaker shills may  FOMO in / bankrupt hedgies does not equal job security for shills ‼️‼️‼️‼️‼️
+
+
+If your  confused then here it is again 
+
+.
+
+.
+
+.
+
+.
+
+ 
+🟠🟢 Copy and Paste  in posts and comments 🟢🟠
+
+📣Remember the DD📣 and that All Short must cover / close their short positions....Ok so months ago there were posts floating around about how the ▪️shills▪️ would attack during the MOASS....well here is a list.
+
+#The Shills have had plenty of time to :
+
+⚠️🚀 Photo Shop Fake Gain Porn
+
+⚠️🚀 Create fake FUD posts 
+
+⚠️🚀 Photo Shop Fake Loss Porn
+
+⚠️🚀 Make post how their brokerage sold their shares
+
+⚠️🚀 Spamming I sold
+
+⚠️🚀 Create fake FUD posts
+
+⚠️🚀 Create fake BOT accounts
+
+⚠️🚀 Create fake websites to spread fake news
+
+⚠️🚀 Create fear of their brokerage app not working 
+
+⚠️🚀 Red MOASS candle hype 
+
+⚠️🚀 Create Posts how they brokerage made then an offer
+
+⚠️🚀 Create posts about other subs being infiltrated
+
+⚠️🚀 Create fake FUD posts
+
+‼️They, them, the shill have had plenty of time to organize FUD for months‼️
+
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+#No matter the FUD  Remember you have 💎🙌
+
+
+🎮 Power To The Players 🛑
+
+◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾◾
+
+
+Message for the shills 👀📣
+
+I'm also certain that once the actual moass happens the weaker shills may  FOMO in / bankrupt hedgies does not equal job security for shills ‼️‼️‼️‼️‼️
+Ever since i heard that we might be in a bear market i did some research on bears and bear attacks.
+
+So apparently Grizzly bears will be rather aggressive and attack you, the solution is then not to run or fight but to lay down cover your neck and play dead. 
+
+It seems to me like BTC is utilizing this technique to avoid the grizzly bears. Its playing dead by ranging in the 30s and once in a while makes a pump as a way to fight back against the black bears. 
+
+Interesting to see this technique live on my screen. 
+
+My research is based on this article :
+https://www.artofmanliness.com/articles/how-to-survive-a-bear-attack/#:~:text=Fight%20back.,ll%20usually%20just%20give%20up.
+Changelly is a “non-custodial” instant cryptocurrency exchange according to their twitter profile. 
+https://mobile.twitter.com/changelly_team
+ 
+The only reason i trusted them is because they are listed as a trusted partner of Ledger and Exodus 
+
+- Summary about what happened -
+
+I tried to exchange 0.4349346 BTC ($19800) to 19740.61 DAI (ERC20) on April 4th. 
+Exchange ID - q3pavhd2w7t6x591
+
+Changelly deposit address - 3EToheb4cTMP59YW5AwmYFwmzE1z2myYC2
+Image - https://picbun.com/p/XDSmueT8
+
+That was 6 days ago. After several minutes, I noticed that my exchange is on hold and there was an alert telling me to complete KYC verification. I completed KYC verification soon as i could. Changelly uses a 3rd party KYC authentication service called Sumsub for this.
+
+Even after successful KYC verification through Sumsub, my exchange was still on hold. After a few minutes, another alert appeared asking me to contact security@changelly.com
+Image - https://picbun.com/p/lQdrSBh5
+
+“I got a hold asking me to fill in kyc details.
+I completed that and the verification was successful. However the transaction still says that its on hold. How long will it take?”
+This was my first message to them. 
+
+5 minutes later they replied to me with this message.
+Image - https://picbun.com/p/V2U7qSZx
+They were asking me to submit evidence to prove that i own the bitcoin. 
+
+So i took images of my wallet and replied to them with those images.
+Image 1  - https://picbun.com/p/dLpk4fCb
+Image 2 - https://picbun.com/p/lkJptn1r
+
+They replied to me with this 
+“Could you please specify how you obtained the BTC in question? Were they purchased, traded, or mined - for instance?”
+Image - https://picbun.com/p/ZOMURmGp
+
+I told them that i met up with my friend irl and bought btc from him using cash. I always use him for buying btc because my cards aren’t compatible with bitcoin purchase sites.
+
+Then they sent me a long list bitcoin addresses and told me to confirm which ones are mine
+Only few of them were mine and i showed them a screenshot of my addresses inside electrum wallet. I also sent them plaintext list of those addresses to make it easier for them
+Image - https://picbun.com/p/2afIoOuQ
+
+They replied to that asking me to tell my friend to contact them so that they can have his KYC verified
+Image - https://picbun.com/p/LlLxSE9z
+At this point, i felt like i was being scammed by changelly. My friend was not a customer of changelly and there was no need for him to complete KYC (Know your Customer).
+
+I knew that my friend wouldn’t want to trust an exchange with his personal information and documents. But i cried and begged him to do the kyc checks. He reached out to changelly and completed KYC checks within an hour.
+Image - https://picbun.com/p/gmHGldQl
+
+After his successful KYC verification, they replied to him and demanded proof of ownership of the bitcoin he sent to me originally. He started getting doubts about their legitimacy at this point. He suspected that they were trying to trap us into a KYC/AML loop
+Image - https://picbun.com/p/eajOuMZo
+
+But because of my constant cry for help, he decided to move forward and disclosed to them that the source of funds was paxful.com
+Image - https://picbun.com/p/cydKdMkm
+
+Changelly asked him if the sender wallet addresses (from paxful to my electrum wallet) belonged to him or not. He told them that the addresses technically belong to Paxful because its an exchange, not a Decentralised wallet. On the same email, he told them that they are supposed to do KYC/AML checks on me BEFORE the exchange initiation on changelly. 
+
+After hours of no replies, changelly replied asking him for screenshots of transactions from paxful to my electrum wallet.
+He sent them 3 screenshots which were of the 3 largest transactions to my 3 wallet addresses. 
+Image 1 - https://picbun.com/p/4TFgZ734
+Image 2 - https://picbun.com/p/FdasAdSu
+
+Changelly verified the source of funds and sent him this response saying the case is being reviewed.
+Image - https://picbun.com/p/gL8uf7Qy
+
+Since there were no updates even after 1 day, my friend emailed them again asking for updates and they replied with this 
+“Please be informed that once there are any updates we will immediately let you know. “
+
+2 days passed, me and him have been emailing them multiple times. My friend even requested them to “Return bitcoin to original sender” if they cannot carry out the exchange. But they never replied to any of it.
+
+On 6th of April, they replied saying that review of the case could take “months”. 
+Image - https://picbun.com/p/uny8rBA9
+Why would it take months if me and my friend already verified KYC and proved source of funds??
+
+At that point, i was losing my mind. From 7th of April to today 10th of April, i have emailed them daily asking for updates. They never even replied to my emails once.
+
+I realised that they have scammed. I started to look around on the internet to see if someone else had the same experience. Surprisingly, i have found several similar stories by just googling for “changelly kyc” and on reddit alike
+
+I have no idea what to do anymore except share my experience. I’m completely helpless. This was my life savings. Losing that kind of money is unbearable to me and i have been depressed for the past week. Anything anyone can do to help my situation will be appreciated. Sharing to more people for awareness, legal advices about what to do etc - anything would help.
+
+Reddit is my last hope..
+
+
+
+**CONCLUSION**
+
+Changelly is indeed a scam exchange. Only reason i got refunded by them is because of the outrage my post made on reddit and twitter. If you are a changelly scam victim, do not give up! Make as much as noise you can make and create awareness.
+
+I knew that reddit and crypto community would come together to help people in need and that’s what makes both communities truly special. I encourage every scam victim out there to not give up. I don’t regret my decision to post on r/bitcoin 🫂
+
+
+**This post will remain undeleted as awareness**
+Acquired this property in 2022 amid the "the highest home prices ever" and paid 53k for it spent 42k on rehab which was exterior painting the aluminum siding. Replacing cabinets with unpainted(then painting) which is cheaper . Porcelain countertop tiles because if one piece breaks its very easy to replace instead of granite which is a high maintenance item and scheduling granite installs are a pain in the ass. I try to have as little contractors as possible because most people are unreliable and lazy.
+
+Some recessed lighting and eliminated kitchen window for space efficiency since everyone complains they never have enough cabinets and countertop space. Kitchen is small I spent about 3k in matierals, 2k appliances and 3000 in labor in this small kitchen. Home is 5 bedooms and 2 baths total 1900 sq ft.
+
+
+
+https://i.imgur.com/pKgXSy7.jpg
+
+ numbers here bought for 53k from a seller who abandoned the property. I rehabbed for 42k and arv is 205k after 4 months of purchase so i expect about 45k cashout(tax free) in my pocket after all fees and I only put down 11k down or so on this with all closing costs and quadrupled it in 4 months. My rent is 2300 a month and my mortgage around 1200 a month approx. so I'll cash flow about 800 a month or almost 10k a year on this from my firs year of ownership.  I can't quadruple my money consistently in any other business while maintaining an asset that can't be replaced my amazon/walmart . The market rent is 1625 but since that is merely a suggestion. My bank uses market rent for loan qualifications though. I have met landlords that say "No you can't get more than market rent from a tenant" and I ask "have you tried?" they reply "no because it wouldn't work" and I just laugh . You can't help most people make money they just don't want it. It's much easier to complain about "how hard things are".
+
+
+
+I LOVE THIS BUSINESS . Stocks are down, crypto is down and real estate is stable because even if it starts crashing my appraisers are using 6month old comps and when a recession truly hits one day the prices go down in my favor it's all about buying correctly.
+
+Some pictures of before and after of kitchen I eliminated the window but it looks like after picture wasn't take at proper angle so you can't see the entire kitchen. Home wasn't clean yet unfortunately because tenants were moving in next morning and cleaning was going to be done later in the day. My homes are always rented during rehab so I get my deposit during rehab and tenants are moving in within 24 hours of when I finish because I don't like vacant homes.
+
+[https://imgur.com/gallery/UjhgCWq](https://imgur.com/gallery/UjhgCWq) this will definitely not be liked by most homeowners but this is a rental and efficiency is key.
+
+I usually eliminate family rooms for example to add more bedrooms because +bedrooms =money.
+
+This may seem unbelievable to many out there especially the bubble skeptics but I know many guys investing in cities around me making over 500k a year flipping etc. and some are moving a million worths of property per month. I just don't understand the investors that say "it's impossible to make money right now"?
+
+​
+
+​
+
+Good luck to everyone out there in this business.
+From another post,  
+
+>As far as replying about stock market being at an all-time high, show him the stock market graph and point at all the "all-time high" points  
+
+I asked for the graph but didn't get any response. So I created one myself using S&P500 close price from 1/1/1950 to present. 
+
+https://i.imgur.com/mRZSxPc.png
+
+total observations = 17,495  
+record high obs = 1,259 (7.2% of obs)
+
+data: https://docs.google.com/spreadsheets/d/1lpMIAr0FTIKszUrs8boMzszjUp69sN15McS4615aZeA/edit?usp=sharing (also has log scale chart)
+Good Morning Apes!
+
+Today is looking like a fantastic day for an even steeper market correction.
+
+Hopefully our lack of volume will insulate us but we are already below $100 in the pre-market and gamma exposure from last week is not due till tomorrow.
+
+I know a lot of people think that a crash is good for us and could act as a catalyst for MOASS.
+
+I think it's a bit of a mixed bag.
+
+Pros:
+
+* Institutions even SHFs core positions are dropping like rocks reducing the amount of margin available to them
+* Prime lenders will be less willing to take on risk with the volatile market conditions meaning less leverage to support things like internalization
+* MMs may be less willing to fudge their delta hedging and this could skew GME's call chain in our favor
+* GameStop has some inverse correlation to the VIX
+* Lenders wanting to dump GME positions may recall their shares
+
+Cons:
+
+* The same people short GameStop appear to be short the entire retail and consumer discretionary sectors, and they just doubled down their position since the end of November. Essentially this is what they have been waiting for.
+* A steep correction in this sector will mean there positions are going to skyrocket giving them more money to play with
+
+We will have to wait and see how steep the correction goes, if this is a full on crash, or just an unusually steep SLD period only time will tell.
+
+In the meantime this will mean steep discounts for those that missed opportunities last week to average down.
+
+With FTDs due tomorrow along with GEX from LEAPS some of today's negative price action could reverse.
+
+**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 Hours 
+
+GME closed above 100, all puts blown out. That is all. 
+
+\- Gherkinit
+
+https://preview.redd.it/z0ef9x69apd81.png?width=740&format=png&auto=webp&s=177198e67cfb9aafcfb5941c5568588f2f1408ea
+
+Edit 3 1:13
+
+We're coming back, XRT ripping and GME moving up as well this is a good sign. Just broke VWAP.
+
+https://preview.redd.it/aovyydaufod81.png?width=1513&format=png&auto=webp&s=32e2468a44b728f356b431114c27d5c729ad85ec
+
+Edit 2 11:33
+
+The downside gap is filled at 91.80 and there is currently no historic support below us unless we drop to Feb levels. We see to be clinging on to this $90 range and hopefully will find some continued support here but if the S&P continues to fall off a significant move to the downside is possible.
+
+https://preview.redd.it/e7l45507ynd81.png?width=1533&format=png&auto=webp&s=e37772513b94e96cf495465615429c8ece46d361
+
+Edit 1 10:07
+
+Dropping down to 95 currently with over 1m volume so far, for now it looks like we are tracking the overall market.
+
+https://preview.redd.it/kvy75jmpind81.png?width=1532&format=png&auto=webp&s=749a865ebbc1f0159b02eb95e9fef235c42ed1c1
+
+# Pre-Market Analysis
+
+We are currently holding at 100 and resisting the downside a bit. We have some support down at 98 and 92 with that gap at 91.80 yet to be filled. Below that there is little to no historical support till 46 from last Feb. Pre- market volume is higher than usual and we have some buy pressure from FTDs and GEX so hopefully we can withstand the downturn today, especially with last weeks put wall lifted. If GME does resist or flow opposite the overall market then it may pick up some serious institutional interest.
+
+Volume: 78.25k
+
+Max Pain:
+
+[@ 120 but much more heavily call favored than last week with some serious potential on a cross of 120](https://preview.redd.it/yv061dza6nd81.png?width=2022&format=png&auto=webp&s=1e1299bde275fb25739bae8c2a8bcd6a570a50a9)
+
+Shares to Borrow:
+
+IBKR - 20,000 @ 0.8% (about - 35k this morning)
+
+Fidelity - 16,301 @ 0.75%
+
+[GME pre-market 1m](https://preview.redd.it/me8c33m98nd81.png?width=1534&format=png&auto=webp&s=fc3d21cd1cbe84f558bbd176bdae2a0e5f50ec06)
+
+CV\_VWAP
+
+https://preview.redd.it/co5qkyox7nd81.png?width=2455&format=png&auto=webp&s=6068faf611fd32b92af7799669dd73d7ac8f034b
+
+TTM Squeeze
+
+[Not looking great, still some room to the downside before reverting](https://preview.redd.it/oek680438nd81.png?width=2466&format=png&auto=webp&s=b0b814e4729f5e68e64c78d3fd9a76972c17a9bf)
+
+ETF FTDs
+
+https://preview.redd.it/xtpzneki8nd81.png?width=343&format=png&auto=webp&s=d0b31fa8aa60abbee067720ab41667479b95ca37
+
+MM FTDS
+
+https://preview.redd.it/tpqp9stl8nd81.png?width=330&format=png&auto=webp&s=fe68dbcb136af898635501a407c3a84f7d18ef6e
+
+**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.*
+Last Friday, I went to use my Chase Sapphire Reserve card and it was declined. I tried a different Chase card and it was also declined. Upon calling the number on the back of the Reserve card, I was told that Chase has decided to end their business relationship with me, that it's not a decision they make lightly, and that all of my cards and my checking account have been closed. If I hadn't called the number on the back of the card, I would have thought I was being scammed. The customer service agent wouldn't give me any details at all. In fact, they said they aren't privy to any details at all and just repeated a script over and over again (as did their supervisor and all other customer service reps I've spoken to since on the phone). 
+
+The next morning, I went to my local branch and sat down with a personal banker. He looked over my account in detail. He was extremely sympathetic and tried to help, but he said he was blocked from seeing anything related to the closure and that it didn't come from the branch (it came from Chase corporate). He said that typically he can see that a decision has been made based on a drop in credit, churning cards, deposits and withdrawals of large sums for money laundering, other debt risks, or frequent overdrafting of accounts. None of this applies to me. My credit score is 823, I haven't opened or closed a credit card in years, I pay off all my cards and never hold a balance, and I'm not transferring in or out large sums of money. His personal guess was that I was erroneously flagged for money laundering or terrorism by their algorithm and somebody signed off on that nonsense. He told me a letter should be arriving in a few days and that it could possibly clear things up some.
+
+It arrived today. [It](https://imgur.com/Mg4WjV3) [did](https://imgur.com/fG7KMUz) [not](https://imgur.com/oR93sOn).
+
+This has been tremendously stressful. All my credit was with Chase - which I'm now realizing was a terrible decision - and I've saved up quite a bit of Ultimate Rewards points that I now have to scramble to do something with. I also have no idea if I've been somehow flagged as a terrorist or if my identity has been stolen. I'm also worried about the hit to my credit score.
+
+So far, I've transferred all of my cash to a new checking account, have researched what new credit card to apply for, and changed every single one of my randomly generated passwords just in case.
+
+Has anyone ever been able to get to the bottom of this if they were in the same situation? Were they able to clear their name, so to speak, and  get their cards back open? Any suggestions of how to get Chase to tell me what the hell is going on? Any help would be very much appreciated.
+With QYLD printing an all time low at the September option expiry and thus locking most of NDX's monthly decline into its new call contract (11,750), here are some performance stats as food for thought on this investment:
+
+Over the past 3 months, QYLD share price is down 4% while QQQ is up 7%.
+
+Since the Covid low in March 2020, QYLD share price is down almost 10% while QQQ is up almost 70%.
+
+After dropping over 10% during the Sept '22 call contract, for QYLD to claw back to its share price as of the August '22 expiry will take at least 4 consecutive months of NDX being flat or up between the monthly expiry dates.
+
+Every long-term QYLD holder who bought in from October 2020 on is red on a yield-adjusted basis. That means they would have been ahead having left their cash in a checking account and paying out the equivalent "income" to themselves from their own money. The tax burden from last year's Return of Capital rugpull makes this picture even worse for some.
+
+If (when?) QYLD takes out $14 in the next few months, we will need to stretch back to 2017 to find yield-adjusted entry points that beat the "pay yourself from your own checking account" income strategy. CD holders will be much further ahead.
+There is nothing better for a business than a community that will promote them. Unfortunately, everyone is talking about a short squeeze or GameStop's fundamentals. Normal people don't care about that, they want something that can utilize in their practical daily life. Gamestop has inventory people. Instead of talking about this as some weird political movement, talk about the actual products they sell. Gamestop has pc parts, they have nerd gifts, they have large amounts of toys for children and adults.
+
+Instead of talking about shorts, hedgies, SEC, corruption, or whatever, talk about their products, services, future plans, ideas, transformation to people. Chances are people are not going to believe you about corruption because everyone lives in a just world fallacy. Do you know something simple and effective you can do just to help GameStop?
+
+* Build Pinterest boards with products so people can find their favorite items.
+* When someone asks for gift ideas, do some research on GameStop and find something that best fits what they are looking for.
+* Talk about their power rewards and shipping times
+* Get gift cards through them and hand them out for birthdays so they can be introduced to the ecosystem
+* Share tweets about your favorite products you bought from GameStop
+
+Just keep in mind
+
+* Do not spam
+* Do not interact with someone who does not ask
+* Just answer questions, don't put your whole thesis.
+
+Edit
+
+Can't edit the title because some people seem to be getting the impression I'm asking you "to do GameStop's marketing job".  It should read  "you can be grassroots marketing for them" to avoid any confusion. None of this is required of course, I just wanted to share some ideas for people who are on the sidelines wanting to contribute something to help their favorite investment. Also you guys can share ideas in the comments, this is a discussion after all. 
+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.
+I’m getting repeated calls from a blocked number claiming they are an ATO employee wishing to discuss my tax return. 
+
+I’m suspicious obviously and asked them to contact me via official channels (Ie myGov inbox). 
+
+Would the ATO ever ring you direct like this?
+EDIT:  Done \*\*Working\*\* in 2.5 years!
+
+EDIT2: I am realizing that I did not make clear our income history. We have only gone over $100k combined in the past couple of years. Up until 2016, we were under $100k combined - between $83 and $97 for many years as we got the business going. 
+
+# THE MILESTONE
+
+My partner and I made it to the $1 million milestone invested.  See [pretty graph here](https://imgur.com/6Bs2wnh) \- I've gone back to 2009, I don't really have numbers or remember before this.  Net worth is just under $1.8 million if I add in home equity and kids' college accounts.  It feels good for sure, but I'm not jumping up and down.  I don't know if it's the pandemic or what, but I figured it was worth a post here with a breakdown of how we arrived to make me feel more accomplished and maybe help someone get inspired!
+
+# THE FAMILY
+
+My partner and I have been married since 2007, two kids (3rd grade and pre-school).  We have never made more than \~$165k combined, and some years were quite a bit less.  I graduated college in 2003 and started saving then.   We both work in a business we started together.
+
+# THE PLAN
+
+We are going to retire at the end of 2023.  I just set a date when my older kid was young and decided to make it happen.  No more one more year type of thing here.  One more year at my current age is much too valuable to give to working!
+
+We are going for a coast type of retirement, where we will do odds and ends for cash when we feel like it. My partner will have a really hard time not creating something.  I don't have exact plans for how much we need to make, but the first year will be nothing just to decompress!  I will not consider it a failure if we need to work again before 65.  Now after that, I will want to be fully supported.  There are so many variables to consider, that I'm just going to take the leap and then adjust after.  I feel that I can easily make more money in many different ways as long as I am still relatively young.  I think a lot of people get paralyzed by the unknown and modeling every way this could go, but life is crazy and I feel far from guaranteed a long healthy life.
+
+I'd like to say we can cut a lot of costs when we retire, but probably not that much.  We can drop down to one modern car (not counting our classics, a 15-window VW, an oval rear window Bug, and a 34 ford).  Maybe less on groceries/eating out?  We also have about $600k of equity in our home, bought in Sept 2010, so moving outside the city is an option.  If things got tough, we could certainly trim A LOT of fat from the budget, but I'm trying to be realistic about spending.
+
+We are planning on putting our business up for sale at the beginning of 2023, and hopefully, have it sold/ transitioned by the end of 2023.  If I use 3-5x profits, we might get around $400-650k for it.  We are also building a second leg of the business which has the potential to make it a lot more valuable.  But we only have 2 years to do it!
+
+Looking at our spending puts us at \~$2.2 mil for the famous 4% rule.  We will likely have \~$1.9, which means about $76k covered and $14k needing to come from somewhere.
+
+# SPENDING/ BUDGET APPROACH
+
+We took a middle-of-the-road approach:  we cut down on spending overall, yet still spent for all sorts of things.  We took some big trips (Egypt, Morocco, Hawaii, England/Wales, eastern Europe, Caribbean), lots of small trips to see friends (Nashville, Florida, Austin,   Montana,   SoCal, Chicago).  We get down to Mexico every year to just relax.   We had a big wedding - mainly because we are from different countries so it was a gathering of people from all over.  It was totally worth it, having all these people in our lives getting to spend one crazy weekend together.  Before kids we did a lot of concerts, we still go, just the ones that are really worth it.
+
+Our [actual spending numbers for 2020](https://imgur.com/IT1I4OA) and [for 2019.](https://imgur.com/LDyXUEQ)  At this point, I don't enter numbers every month or really check our spending too much.  It's more or less on autopilot.
+
+Things we did cut deeply on:
+
+* our house.  the bank would have let us spend much, much more.  We got a lower-end fixer-upper house.  Did most of the renovations ourselves and got it just how we want it.
+* our daily drivers: picked a budget and stuck to it for each of our daily drivers.  We went for stuff that was big enough to fit kids and gear, had mechanics check them out, bought from private parties to save even more.
+* clothes:  kids get second-hand clothes, toys, and books.  Even a lot of baby gear that we weren't gifted we got second-hand.  We only buy ourselves new clothes when we really need them.
+* furniture:  we bought a couple of things, but a lot is from family.  For both kids' rooms we didn't buy a single piece of furniture.  We've upgraded a few pieces (dining table) since we've been in this house a while.
+* electronics:  one TV is plenty, had it for about 8 years now and still looks great.  Phones we never buy through the carrier, since they always get you on the fees.  We are both tough on our phones, so we get durable ones that are fast.  I don't care about much else.  We have an $80/ month plan for unlimited everything for 2.
+* daycare:  we made our schedules work, plus help from family one day/week so that we didn't need daycare.  Our older one did some before/after-school programs to help fill in, but those were very affordable.
+
+# HOBBIES
+
+Hobbies are hiking, camping, the gym and group sports, learning languages, and the aforementioned car collection (not a cheap hobby!).  Hobbies for after retirement are relearning guitar, cycling, and golf.  Those just need too much time for us to dedicate right now.  Also reading more books!  We also want to spend more time with the kids, coach their activities, volunteer at school, and do things like that that I don't have time or mental capacity to handle.
+
+# INVESTMENTS
+
+Mostly a set it and forget it type of thing.  [You can see my returns here](https://imgur.com/jWqL6Wh) \- again I didn't have much data before 2009, so the returns from investments may be off a bit, but can't be too bad.  I am in 27% bonds right now, been upping that now that we are approaching the date. My plan is to get up to 35-40% bonds at retirement and use an ERN-style glide path in retirement.
+
+I say mostly hands-off, but I got sucked into Robinhood last July (I actually ditched Robinhood and moved to Tastytrade this year) and have been trading options for the past year.  I put in $20k as play money and have done pretty well.   Obviously, I could afford to lose it, but I'm not doing WSB YOLO stuff.
+
+​
+
+TLDR:  Hit a milestone, so I made graphs cause I know you all love those.  All my graphs/ numbers are here [https://imgur.com/a/mu8edQ0](https://imgur.com/a/mu8edQ0)
+
+Input, thoughts, questions are welcome.
+**UPDATE: Rules have been updated, as has the welcome message to new members. This post will remain up as a place for members to comment if they have concerns regarding the roll out of these new rules or of Mentor Monday. Thank you.**
+
+​
+
+Our thanks to those who commented on the recent [State of the Sub](https://www.reddit.com/r/fatFIRE/comments/il7eul/meta_state_of_the_sub/) post. Based on your feedback, we will be making the following changes (marked in bold) to the r/fatFIRE rules:
+
+​
+
+1.) Relevance
+
+Posts **should be specifically** related to the fatFIRE pursuit and lifestyle **- as opposed to FIRE at any level.** Discussing investment strategies, expenses, tax optimization strategies, cost of living, and etc. are all fair game. Please assign a post flair to your post. If one doesn't exist for your post, it's very likely that your post is not relevant to fatFIRE and risks removal. **Low effort posts may also be removed, as well as those posted across multiple subreddits.**
+
+​
+
+**2.) Early-stage questions belong in Mentor Monday threads**
+
+\[Formerly No "How do I start/get rich" posts.\]
+
+This is a community for people firmly on the path to fatFIRE or already there. FIRE and leanFIRE members are welcome to lurk and ask questions in the comments, but are encouraged to spend some time reading the sub’s historic posts if they are looking for instruction or inspiration.
+
+**Posts related to the early stage of fatFIRE should be submitted as comments to the scheduled Mentor Monday posts. This includes career advice questions, ‘rate-my-plan’ posts and ‘can I afford XYZ?’ (Unless XYZ is a** [**submarine**](https://www.reddit.com/r/fatFIRE/comments/ih7bcx/annual_costbudget_needed_to_own_a_private/)**.)**
+
+​
+
+3.) No judgement.
+
+\[As before.\]
+
+​
+
+4.) Add verification.
+
+\[As before.\]
+
+​
+
+5. Be courteous and positive.
+
+No insults **or** harassment. **Violators** will be **banned** at the moderator’s discretion.
+
+​
+
+6. No solicitation
+
+\[As before.\]
+
+​
+
+The rule changes and the first Mentor Monday post will come into effect on Monday, September 21st. Starting then, 'early stage' posts will (almost always) be deleted on sight. Mentor Mondays will be done on a trial basis, and these posts will not be stickied.
+
+Constructive feedback is appreciated as always. We will also be putting together a FAQ / rules post, and so please leave a comment if you have suggestions for what to include in the FAQ.
+
+Thank you for your support of r/FatFIRE.
+As in the title, all too often I see people suggesting second jobs and overtime to decrease debt faster. I'm not saying they're wrong (more money coming in normally means less debt), however, when you overwork then you can become stressed, stop sleeping well, eat unhealthily, put on weight, feel bad about yourself and spend more money.
+
+Being financially fit also requires you to be content with your current position in life and being clear headed enough to move forward.
+
+If working extra hours works for you then great, go for it. Beware of burn out and slipping further into debt. That "treat" after a long week could've been avoided if you'd sat in the park on Saturday instead of working an extra shift.
+With the rise in interest rates, it seems like the housing market is beginning to cool and prices have already dropped a small amount. I know people who work in real estate and they have backed this up. Gas has been going up a lot at a fast rate in the past few months and now seems to have frozen at around $2 a litre for the past couple of weeks where I live in Ontario (Which is still absurd and I hope it goes down eventually if inflation really is stabilizing) Not sure about food or other services though, but the Walmart I mainly shop at doesn’t seem to have changed any major prices in the past couple of months. The last major price increase they had for some of the primary food items was at the beginning of April.
+
+The official CPI inflation had big jumps in March and April, (5.1 to 5.7 and then 6.7% respectively) likely because of the war, and then seemed to slow down at only 6.8% in May (In the US, it actually dropped from 8.5 to 8.3%) Of course CPI inflation is not entirely accurate and this doesn’t mean the prices of goods will crash in the next few days, but is it possible that the peak of this inflation era has passed? Obviously we need to wait a couple more months to be sure, but what does current data seem to imply?
+This story is all over the news today in Australia - here's the link to the article in the Australian Financial Review, have copy pasta the story in full below. Australian Government may bail them out, we'll have to see.
+
+​
+
+**TL;DR:** Credit Suisse is attempting to liquidate Australian steel manufacturing and mining industry billionaire Sanjeev Gupta. This has massive implications across every State and Territory in Australia, particularly in smaller towns where the industry is what keeps them alive. House of cards....is falling.
+
+​
+
+[https://www.afr.com/companies/financial-services/credit-suisse-tries-to-wind-up-whyalla-steelworks-20210406-p57gsm](https://www.afr.com/companies/financial-services/credit-suisse-tries-to-wind-up-whyalla-steelworks-20210406-p57gsm)
+
+# Credit Suisse tries to wind up Whyalla Steelworks
+
+Sanjeev Gupta’s Whyalla Steelworks could be sold off or forced to seek a government bailout to avoid closure if new court action instigated by Switzerland’s Credit Suisse to wind up [the 56-year-old South Australian manufacturing plant](https://www.afr.com/companies/financial-services/the-high-flying-world-of-sanjeev-gupta-was-too-good-to-be-true-20210316-p57b38) is successful.
+
+Citibank’s London branch filed an application on Tuesday for “winding up in insolvency” in the NSW Supreme Court against GFG Alliance’s OneSteel Manufacturing, which operates the Whyalla Steelworks, and GFG’s Tahmoor Coal.
+
+Citibank acts as trustee for some GFG invoices that were packaged into bonds by the collapsed firm Greensill Capital and held in four supply-chain funds managed by Credit Suisse, which is trying to recover billions of dollars for more than 1000 investors who sank money into them.
+
+The aggressive move by Credit Suisse, [which has taken similar legal action against GFG’s Liberty Commodities business](https://www.afr.com/companies/manufacturing/credit-suisse-ups-pressure-on-sanjeev-gupta-with-winding-up-bid-20210401-p57fr3) in Britain, underlines the increasingly precarious financial footing of Mr Gupta’s GFG as it desperately races to try to refinance about $6 billion worth of funding that had previously been sourced from Greensill.
+
+GFG entities are coming under legal attack around the world as Credit Suisse launches wind-up motions in several countries to try to seize assets and resurrect its reputation following its association with two collapsed entities: Greensill and the US hedge fund Archegos, which had $13 billion of assets under management.
+
+Credit Suisse’s group chief executive officer, Thomas Gottstein, said on Tuesday that the bank would learn “serious lessons” from losses incurred at Archegos as well as the liquidation of its supply-chain finance funds as he warned investors of a CHF4.4 billion ($6.15 billion) charge and confirmed the departure of the bank’s chief risk officer, dual US-Australian citizen Lara Warner.
+
+OneSteel Manufacturing operates the Whyalla steelworks that employs about 1500 people and is the lifeblood of the regional town in South Australia of 22,000 people, which is about 380km north of Adelaide.
+
+## Hailed as a saviour
+
+The steelworks was acquired by Mr Gupta in mid-2017 when the British billionaire was hailed as a saviour for rescuing the collapsed Arrium Ltd business, which had been in administration [for 16 months under KordaMentha.](https://www.afr.com/companies/manufacturing/gupta-scrambles-to-stop-australia-fallout-from-greensill-insolvency-20210309-p578zl)
+
+Mr Gupta also bought the structural steel operations on the east coast of Australia now known as Infrabuild in the same transaction, giving him ownership of two mini steel mills in outer Sydney and Melbourne, a national steel recycling business and a series of structural steel distribution outlets.
+
+He acquired the Tahmoor coal mine in the Southern Highlands region of NSW from commodities giant Glencore in early 2018.
+
+Tahmoor produces about 2 million tonnes a year, most of which is hard coking coal used in steel making, and it supplies the Whyalla steelworks and BlueScope’s Port Kembla steelworks.
+
+A directions hearing for the court action brought by Citibank is scheduled for May 6. The onus is on Credit Suisse to prove the GFG entities are insolvent and submit evidence.
+
+It is understood that McGrathNicol will be appointed liquidators if Citibank’s application is successful.
+
+McGrathNicol has already been appointed receivers over shares and property in Greensill’s British business (which is controlled by Greensill’s Australian parent) that were secured by Credit Suisse in late October when it extended a $US140 million loan to the collapsed firm.
+
+Winding-up applications are often issued by creditors to pressure debtors to pay up, and withdrawn if the debts are paid.
+
+But if the GFG companies are declared insolvent by the courts, the liquidators will assess the businesses, try to stabilise them and see if they can continue as a going concern. If not, the steelworks could face closure.
+
+Credit Suisse declined to comment. A spokesman for GFG said its Australian Mining and Primary Steel business, which includes Onesteel Manufacturing and Tahmoor Coal, did not conduct any financing with Credit Suisse and had not sold receivables to Credit Suisse.
+
+“Any proceedings instituted by Credit Suisse will be vigorously defended,” the spokesman said. “We do not propose to comment on legal proceedings further.”
+
+GFG was in “constructive discussions” with Grant Thornton, Greensill’s administrators, and other stakeholders to negotiate “a consensual and amicable solution on the way forward, which is in the best interests of all stakeholders”, he said.
+
+“Mining and Primary Steel is well advanced in preparations to refinance its Greensill facilities in the very near term.”
+
+Credit Suisse’s attempts to wind up some of GFG’s key Australian assets come as the Swiss bank confirmed that Lara Warner, its Melbourne-born chief risk and compliance officer, stepped down from the bank’s executive board on Tuesday and would leave the group along with Brian Chin, who ran the investment bank.
+
+The bank warned it expected to report a first-quarter pre-tax loss of about CHF900 million, including a CHF4.4 billion charge, because of [the collapse of a US hedge fund client, Archegos.](https://www.afr.com/companies/financial-services/three-lessons-for-bankers-from-the-archegos-meltdown-20210405-p57ghj)
+
+Credit Suisse’s board has set up a “tactical crisis committee” to investigate the asset management division’s supply-chain finance funds and links with Greensill and GFG, as well as the Archegos collapse.
+
+The bank plans to update investors on the progress of refunds from the supply-chain finance funds in the next few days but has warned that it is struggling to recover money.
+
+About $US10 billion worth of invoices supplied by Greensill, including a large chunk from GFG companies, was invested in the Credit Suisse funds, but only one-third of the money owed to investors has to date been returned. GFG stopped paying money owed to Greensill last month.
+
+Greensill founder, Australian billionaire Lex Greensill, said in a witness statement provided to British courts in early March that he had kept Ms Warner “regularly updated” about the firm’s financial problems, including its difficulties renewing insurance, in the weeks leading up to its administration.
+
+Ms Warner is an Australian and US citizen. She attended university in the US, receiving a bachelor of science in finance from Pennsylvania State University, and joined Credit Suisse as an equity research analyst in 2002 after stints at Lehman Brothers and telecoms group AT&T.
+
+She had been Credit Suisse’s group chief risk officer since 2019, taking on the additional role of chief compliance officer in mid-2020, and a member of the Credit Suisse group’s executive board since 2015.
+
+Greensill filed for insolvency in Britain and Australia on March 8.
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+Just don't dance.
+
+So many people will be affected by all this, all around the world. It hurts my heart.
+
+Apes together smart, apes together strong.
+
+💎🙌
+Welcome to the Daily General Discussion thread of /r/EthTrader.
+
+Find the latest Daily Altcoin Discussion thread by selecting the top result on this [search page](https://www.reddit.com/r/ethtrader/search?q=Daily+Altcoin+Discussion&include_over_18=on&restrict_sr=on&t=all&sort=new).
+
+***
+
+The thread guidelines are as follows:
+
+-  Please refrain from discussing non-Ethereum related tokens here. You are welcome to discuss altcoins in the Daily Altcoin Discussion thread.
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+
+***
+
+ Resources and other information:
+
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+
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+
+***
+
+Enjoy!
+
+This is just a discussion post as the DRS number isn't what many were expecting. 
+
+First they fucked around:
+
+What if a nefarious actor (or actors) that has been monitoring this sub, saw the hope we have for DRS and decided to fuck around last quarter by DRS'ing a ton, then selling out before the quarterly reporting period? 
+
+Why might they do that? 
+
+Well, so that when they sold during Q3, the reported number would actually be lower. The narrative the last several days is 'ReTAil Is LEAviNg'. We've even seen stories about DRS the last several weeks, setting all this up. I'm sure they have the 'See ReTAil LEfT' articles already written.
+
+Today they found out:
+
+Even with an extreme level and effort of fuckery, DRS numbers are still HIGHER than last quarter!!! They failed in their effort. That narrative won't play. This is an amazing result.
+
+Again, just for discussion. Buy. Hold. DRS.
+Listen up you fucking retards. We all know we’re buying and holding GME no matter what fucking happens so we can stick it to the hedge funds. But in the midst of this all, I’m worried about my fellow retards. When the squeeze squozes and you eventually sell (somewhere between $10,000 and $1,000,000 share price) you’re going to have to pay taxes! Don’t be one of those morons that makes 100k, spends it all and then has no money to pay 35k in taxes.
+
+We’re gonna FUCK the hedge funds, but make sure you’re not fucking yourselves in the process.
+
+GME TO THE MOON 🚀🚀🚀
+If you're wondering why the price of ethereum is coming down, look no further. You guys are giving them eth and they're dumping it right back down your throats. And then you're scratching your head wondering who's selling, the moon, etc.
+When RC sold his BBBY stake, Dennis Kelleher immediately accused him of orchestrating a pump and dump, called for the SEC to investigate him and claimed he should testify under oath.  
+
+
+[https://twitter.com/DennisKelleher/status/1560648797381767169?ref\_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet](https://twitter.com/DennisKelleher/status/1560648797381767169?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet)  
+
+
+Well, fast forward to August 25th and guess who Better Markets is bringing on as Senior Fellow? One of the slimiest pieces of crap at JP Morgan Chase:  
+
+
+[https://twitter.com/DennisKelleher/status/1562839444574445573](https://twitter.com/DennisKelleher/status/1562839444574445573)  
+
+
+I still see some positive sentiment on Dennis and Better Markets, so I just wanted to remind everyone whose team they're truly on. I know we've had Dennis in some AMAs previously and I used to be on his side myself, but just remember: he's a member of the club and we aren't.
+I'm new to dividends and I'm looking forward to reaching my first goal of $40 monthly because it will pay my monthly internet bill 😝. I'm building a passive income portfolio that will first knock out my small monthly bills like internet, mobile, Netflix, etc so what advice can you guys give a novice like me?
+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:
+
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+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
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+
+***
+
+Enjoy!
+
+Since we here are focused on equity performance and are (mostly) hoping the value of our investments rise, I'd like to remind everyone that the Federal Reserve had multiple members actively trading equities while formulating extremely bullish policies in March 2020-September 2021. 
+
+Kaplan and Rosengren sold their individual stocks in September 2021. Some ETF holdings were also barred later in October 2021. QE taper was announced in late September 2021. From that point forward, equities have fallen roughly 20% on a market-weighted basis. 
+
+[https://www.cnbc.com/2021/09/09/feds-rosengren-to-sell-individual-stock-portfolio-to-address-ethics-concerns.html](https://www.cnbc.com/2021/09/09/feds-rosengren-to-sell-individual-stock-portfolio-to-address-ethics-concerns.html)
+
+[https://www.cnbc.com/2021/10/21/fed-to-ban-policymakers-from-owning-individual-stocks-restrict-trading-following-controversy.html](https://www.cnbc.com/2021/10/21/fed-to-ban-policymakers-from-owning-individual-stocks-restrict-trading-following-controversy.html)
+
+Coincidences are sometimes just that. And yet, when the people who formulate monetary policy are actively trading individual stocks... right before selling near the top of the market... you begin to lose faith. I'd personally wait to buy back in fully until the next Federal Reserve board financial disclosure report shows the members buying en masse again.
+I keep a very close eye on the market in my area and am in regular communication with others who are looking and gather their own detailed data.
+
+One thing I am noticing (Sydney's south and south south west) and I'm guessing elsewhere is ubiquitous underquoting.
+
+I have had all kinds of agent defences like changing market, 'unique properties', what 'people coming through have told us' etc etc.
+
+Much of it is bullshit.
+
+There are many places I look at and say straight away, this is underpriced. That is, that the owner in no way will accept a price in line with the guide presented by agent.
+
+Classic current example:
+
+[https://www.realestate.com.au/property-house-nsw-padstow-132448918](https://www.realestate.com.au/property-house-nsw-padstow-132448918) 
+
+Nicely renovated place, good street within 600m to station and block size of 550sqm. A place which doesn't look nearly as nice and much further from station but otherwise comparable sold on weekend for 1.27m. I will run through the airport tunnel naked if the owner is prepared to take any less than 1.3m. You would be getting over 1.2m for a luxe duplex here. This guide is bunk.
+
+No surprises it is McGrath who lead the way in this tosh but it seems other agents are going down same path.
+
+Spoke to someone who was given a verbal guide on an Oatley place of 1.2m. Clearly they had no intention of taking this or close to it. No bids at 1.2m but then subsequently goes on market at 1.34m.
+
+Am all for letting the market determine price but this behaviour sucks. If you aren't prepared to take a price in your guide how the fuck is it a guide then? Why are people seemingly accepting this as the norm?
+https://www.cnbc.com/2018/12/31/tesla-4q-2018-production-and-delivery-numbers.html
+
+* * *
+
+Tesla disappointed investors Tuesday, saying it delivered less vehicles than expected during the fourth quarter despite efforts to ramp up production.
+
+Its shares fell by about 5 percent in premarket trading.
+
+Tesla previously gave investors hope that its production rates would improve, saying that the number of labor hours to build the Model 3 fell by more than 30 percent from the second to the third quarter. The company also told investors in late October that it took less time to build than the Model S sedan and Model X sport utility vehicle — another first for the company.
+
+"We will focus even further on cost improvements while continuing to increase our production rate" during the fourth quarter, the company said at the time.
+
+CEO Elon Musk announced Oct. 23 that the company planned to limit certain options on its higher-end Model S sedans and Model X SUVs to streamline production. The company also announced plans during the fourth quarter to start selling a $45,000 version of the Model 3, before raising the price $46,000. It has yet to produce the base Model 3, which it has promised for a price of $35,000 before incentives.
+
+The fourth quarter marked an end to a $7,500 federal tax credit that Tesla was able to use to lure buyers in the past. That was cut in half to $3,750 starting Jan. 1.
+Hello Great Apes of the world! 👋 Last week was one of sideways action on GME, but apes resisted boredom, bought the dip, and held strong. Prepare your Diamantenhände as the German market leads us into a new week (SR-NSCC-2021-002 and Russell 1000 here we come!), and join apes around the world to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🚀 Buckle Up! 🚀###
+
+
+
+
+
+- 🟥 120 minutes in: **$215.34 / 181,50 €**
+- ⬜ 115 minutes in: $215.55 / 181,68 €
+- ⬜ 110 minutes in: $215.55 / 181,68 €
+- ⬜ 105 minutes in: $215.55 / 181,68 €
+- 🟩 100 minutes in: $215.55 / 181,68 €
+- 🟥 95 minutes in: $215.10 / 181,30 €
+- 🟩 90 minutes in: $215.34 / 181,50 €
+- ⬜ 85 minutes in: $215.07 / 181,27 €
+- ⬜ 80 minutes in: $215.07 / 181,27 €
+- 🟩 75 minutes in: $215.07 / 181,27 €
+- ⬜ 70 minutes in: $215.01 / 181,23 €
+- 🟩 65 minutes in: $215.01 / 181,23 €
+- ⬜ 60 minutes in: $214.95 / 181,18 €
+- ⬜ 55 minutes in: $214.95 / 181,18 €
+- 🟩 50 minutes in: $214.95 / 181,18 €
+- ⬜ 45 minutes in: $214.74 / 181,00 €
+- ⬜ 40 minutes in: $214.74 / 181,00 €
+- ⬜ 35 minutes in: $214.74 / 181,00 €
+- ⬜ 30 minutes in: $214.74 / 181,00 €
+- 🟩 25 minutes in: $214.74 / 181,00 €
+- ⬜ 20 minutes in: $214.72 / 180,98 €
+- 🟥 15 minutes in: $214.72 / 180,98 €
+- 🟩 10 minutes in: $214.77 / 181,02 €
+- 🟩 5 minutes in: $214.74 / 181,00 €
+- 🟩 0 minutes in: $213.88 / 180,27 €
+- 🟥 US close price: $213.82 / 180,22 €   *($213.85 / 180,25 € after-hours)*
+
+
+
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.18643525. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+Many among the Diamantenhände community are concerned about the well-being of the originator of the series, u/DerGurkenraspler. I also am worried, as I have tried to make contact many times and haven't received any response or seen any activity from him in nearly a month. I continue to reach out to DerGurkenraspler, but at this point I have no idea if or when he intends to resume updates. I will continue to serve as guest-host of the series in the meantime, but dearly hope that DerGurkenraspler is well and is able to return to us soon.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Since I’ve seen so much arm chairing about the PR to move EIP-999 to Accepted status made by u/5chdn and so much false information about what happened, I feel like this breakdown is necessary. 
+
+First, Afri was at the Ethereum Magicians governance meetup in Berlin and was told, confusingly that if the Core Devs didn’t reject/object to the EIP in the ETH Core Devs meeting after it was discussed, he can submit a pull request to have the status updates to ‘Accepted’. This obviously isn’t true because it’s more complicated than that (requires it to be on the agenda AND voted on with the outcome being to move it to ‘Accepted’ state). Since it wasn’t voted on and can’t be on the agenda to do so without clear community consensus, whoever said that was mistaken or confused or confused Afri.
+
+Second, the Pull Request has to be merged by an Editor (not him) for the status to be updated. An editor (u/souptacular) saw it, and said (paraphrasing) “Hey Afri based on the April Core Devs meeting, you can’t do this for controversial EIPs, it has to be voted on by the Core Devs before changing the status to Accepted, and it wasn’t even on the agenda because philosophically controversial EIPs that lack community support can’t be added to the agenda for the vote until community support is clear.” Afri apologized for his mistake and asked that the PR be closed. 
+
+This conversation wasn’t private. It was public as it took place in the Ethereum/AllCoreDev gitter chat which anyone can view. 
+
+Also, I would kindly ask people not to be a dick to one of the most important contributors to Ethereum. Afri and ParityTech single handedly kept Ethereum afloat when it was being spam attacked to no end during DevCon 2. The dude is all about Ethereum and one of the best all around people we have in the community. 
+>**"Don't sell a share" of Tesla**  
+>  
+>  
+Source: [https://markets.businessinsider.com/news/stocks/chamath-palihapitiya-tesla-stock-price-target-elon-musk-net-worth-2021-1-1029941932](https://markets.businessinsider.com/news/stocks/chamath-palihapitiya-tesla-stock-price-target-elon-musk-net-worth-2021-1-1029941932)
+I come from bioinformatics where most of my specialty is in unsupervised clustering, network analysis, and classification.  I just started getting my feet wet with stocks from this pandemic and want to start subtly transitioning my approaches or projects to those that would be beneficial in stock predictions. If it helps, I use Python for my ML.
+My son's father passed away a few years ago. We've been fighting the VA for back pay for our son due to my exes PTSD from Iraq. It's been 4 years now, but we finally received a check from the VA for tens of thousands of dollars. I would like to deposit the money into an interest building account but am not sure what the best type of account would be. We would like to be able to access the money for things like braces. Would a regular savings account be the way to go or are there better options?  
+
+
+edit: Also wanted to add that he should also begin to receive monthly payments from the VA as well.
+And that’s a wrap ladies and gentlemen. On June 9, 2021, at approximately 12:08am EST, El Salvador has become the First Nation to pass a bill that makes Bitcoin a legal currency. Who would have thought this would happen so quickly!  It will take ~90 days for this law to be enacted; presumably to allow merchants and others to prepare for the acceptance and transmission of bitcoin. 
+
+It’s also important to remember that the people of El Salvador have been using bitcoin and it’s lightning network for some time now. This has helped with the quick majority approval of the bill. 
+
+For those reading this live, you can watch their congress continue to push this through as law here: https://www.facebook.com/asamblea.legislativa/videos/305036231334752/
+
+Here is the English translation of the law: https://freopp.org/el-salvadors-bitcoin-law-full-proposed-english-text-9a2153ad1d19
+
+The questions now:
+How will the US handle policy based on this change?
+How many nations will pass similar laws this year?
+How many bitcoin will these sovereign nations purchase? 
+Will you be selling your bitcoin to them? ;)
+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!
+
+Cannabis stocks are the "next huge growth area" and the plant has "staggering" possibilities for medical use, according to one advisor to wealthy families.
+"If you want to be in something that's very growthy, and actually legitimate as it is legalized and controlled properly, I think this is the place to go," Carol Pepper of Pepper International told CNBC's "Squawk Box Europe" on Friday.
+
+[full article ](https://www.cnbc.com/amp/2019/02/22/forget-bitcoin-cannabis-is-the-place-to-go-says-us-wealth-advisor.html)
+Hey Guys, 
+
+Wanted to hear your thoughts on my first ever property investment. Australia so money might be different to what you're used to. Buying a 4x2 house for 280K only 10 minutes out from the city (seemingly under market price for the area).
+Currently tenanted at $380 per week while mortgage costs me $230 a week. Bringing council rates, water rates, landlord+building insurance, property manager costs and interest on the loan into the mix I am still net positive about $6500 per year. I understand the risks around time it could be untenanted, but I feel that $6500 is a healthy buffer. Over time the interest will go down and hopefully rent prices will go up. Location seems good, no reason that I can see for the suburb to underperform at all.
+
+I work a well paying job so cashflow isnt much of a problem. It seems too good to be true, is there anything I havent accounted for? Our offer has been approved and we are waiting for finance approval to come back. In a few weeks the house will be ours. It all just seems too simple, what am I missing?
+
+Bonus info: we were there at the very first house viewing and put our offer in the very next day. Current owner needs to sell because he has other investment opportunity that he needs the cash for quickly (allegedly). This house was on the market for only a couple days before we put our offer in.
+I live in Florida and I am selling my first home. I have already moved out and into a new place while my new home is being built. My new home is scheduled to be completed in August. The buyers just informed our real-estate agent that they have a “bad feeling” and are backing out of the deal. The inspection, appraisal, and financing have all cleared for us to close tomorrow at 10AM. 
+
+
+My agent said my two options are to either take the $2,100 deposit, or take them to court. My agent said she can’t give me any advice and does not know what the possible results would be if we took them to court for breach of contract.  Also courts are closed right now due to COVID-19. 
+
+
+Homes in our neighborhood have fallen in price it seems like since the country shut down. I am certain if we relisted the house we would have to take a lower selling price, plus I will have to continue to pay for the mortgage, along with rent where I just moved into. 
+
+
+I am contacting an attorney today but wanted to get advice on here with what to expect.
+
+
+Should I take them to court? What are the potential outcomes? Anyone have any experience with this?
+TL; DR: After ~17 years of pursuing FI, my last day of work will be April 1, 2022. You can do it too – keep going!
+
+===
+
+Just after my wife and I got married in 2005, we had a conversation where we talked about our long-term goals, and we decided we wanted to retire early. I was relatively financially savvy, and knew we could live off investment interest, but I had no real knowledge of how much it would take. I said, “I dunno, about 1.5-2M would probably be enough.” And so began our path to FIRE.
+
+I’ve been doing this a long time, and I want to offer a few things I’ve learned on this path and share with others.
+
+**The advice doesn’t change**
+
+The online landscape has changed dramatically over the time I’ve pursued FIRE. What started as a few money bloggers, and Jacob Fisker running Early Retirement Extreme has turned into a smorgasbord of opportunities for people to learn about financial topics. Some of the changes I’ve seen include: Fisker turning over the reins to MMM, lots of other bloggers retired and/or sold, things like Casey Serin and the financial crash happened, and there are now better ways [to think about early retirement planning](https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/); but, the advice is really the same: spend less than you earn, save the difference, and keep going. The advice is simple and timeless. Find a mentor whose style fits yours, and start saving.
+
+**Be an advocate for FIRE**
+
+There are reasons to keep your financial situation private, but I have found that sharing my goals with people was the best thing for me. As I have told people about what I am trying to do, they naturally get excited and try to see if it fits themselves too. My conversations have made multiple friends FIRE-able, and I keep a semi-serious running tally and my advocacy has made about ten million dollars in net worth for friends. My goals have infected others, and while some decided they couldn’t stick it out, others have and it’s allowed them to chase their own dreams. I want to be clear, the success is theirs, but I get credit for planting the seed. I think it’s good to change people’s lives for the better.
+
+**When it’s time, decide you are enough**
+
+I have had enough money for a while now, and should have pulled the trigger a couple of years ago, but I wasn’t ready. I was worried about the money running out, or someone getting sick, or my house burning down, or whatever. The point is I was still accumulating, and was living in a scarcity mindset. The thing that’s allowing me to start stepping back now is that I’ve learned to start trusting myself – I am the person who accumulated this money. I set the goal, I did the saving, I did the investing, and I understand it all. If something goes wrong, and it likely will, I will figure it out, and I can do it. I’ve done so much already, it’s time to trust myself, and reap the rewards of my planning and work. When your day comes too, remember that I’m rooting for you, and I **know** you can do it. You are awesome, and what you did is awesome.
+
+**Be generous**
+
+As much as I care about money, I also don’t care anymore. My money has become a tool. It gives me time, it gives me freedom, and it gives me the ability to give the same to others. I have found that my favorite way to spend money is on other people. While I rarely say no to something I want, I’ve found I basically don’t spend on myself anymore. I get far more pleasure out of giving to others. It doesn’t even have to be much, for example last year we bought all the teachers’ book requests at the school book fair, and it cost less than an XBox. But it felt way better than unwrapping an XBox would have, and the teachers fell all over themselves thanking us. While I like the thanks, next time I will do it anonymously because I don’t want the recognition – I want the kids to have books. Being able to just give to them is the best thing. If you’re still early in this path and money is tight, give time, teach, lend, volunteer, show up. Like the FIRE path, every little bit counts.
+
+===
+
+I have more thoughts on FIRE, and my journey here, but I think this is enough. In the meantime, I want to thank all the people here, at r/chubbyfire and r/fatfire as well – these are great communities. For now, I want to say: “go fuck myself”, and when the day comes for you, “go fuck yourself.”
+Hiya - FatFire here with \~$8m networth in a very expensive city with 3 youngish kids. 
+
+​
+
+I have been sole income earner throughout my career, wife and I agreed very early on she would be stay-at-home although she has an advanced degree w/great income earning potential. 
+
+​
+
+I have been working 60 - 70hr weeks for the last decade, I am ready to take my foot off the gas. 
+
+​
+
+My wife and I have agreed many times to drill down spending, drill down a budget, drive financial discipline. 
+
+​
+
+Problem is that while my wife says she on the same page about building & sticking to a budget she invests zero time in doing so and I can't remember an instance of her trying to actually pull back on spending / etc. 
+
+​
+
+For instance I've asked multiple times for her to break down the various accounts and expenses and build a real monthly household budget, propose a general withdrawal rate, etc but we get nowhere. 
+
+​
+
+We are insanely lucky to be in our position and my wife is an awesome busy and engaged Mom and I know it takes a ton of time and energy.
+
+​
+
+So it seems almost comical to be posting this for basic "how to get spouse on board with budget" post but I think also having the gigantic insulation of cash and assets makes it easy to push it off for both of us.
+
+​
+
+Would love to hear any other strategies etc.
+
+​
+What would you choose?
+Both jobs perm govt jobs. 
+Only other factor is I have a really nice house in Brisbane but I don't want to live in it because of bad memories (of that particular house only). Equity in that is 700k.
+41 year old single male no dependents. Would like to have a partner and a family.
+Reposting because this got lost (justifiably) in the uber hype of the stock split dividend announcement yesterday:
+  
+After Ryan Cohen's tweet "Children and animals must be protected at all costs", I was looking in to the financial statements of Save the Children, who has BCG as a pro bono consultant. Now I'm not sure if this is normal, but it sure does seem like they have some significant investing going on for a charity. From their 2020 financial statement:
+  
+https://www.savethechildren.org/us/about-us/financial-information
+  
+They mention that they work with hedge funds for bond investments, public equities (stocks), as well as alternatively hedged strategies (mostly derivatives "including both long and short positions"). This raises a couple of questions:
+  
+1. Why does a children's charity need to be shorting stocks?
+2. Where did the 50 million increase in investment come from if 85% of their donations go directly to aid?
+
+From their website:
+  
+"In fiscal year 2020, 85% of all expenditures went straight to our mission. This means that, out of every dollar spent, 85 cents goes to programs and services for children and families in need"
+  
+So firstly it's important to note that they have specified that 85% of all expenditures, not all donations go directly towards their mission. The total operational expenditures were $839,837,000, which means that $713,861,460 should have been spent directly on their mission. 
+  
+From their expenditures, it does look like about $711 million was spent on "Program Services" with an additional $128 million for support services. Thats about right for program expenses, but if my math is correct ($879,468,000 - $839,837,000 = $39,631,000) that only leaves about $40 million in excess revenue left over. They also had an additional 8 million in transfers out fron the excess revenue, so that only leaves about $32 million. 
+  
+Now if you take a look at the table on page 7, you'll see the net cash used in investment activities (They purchased $93 million, and sold $63 million) is... well looky looky it's $30 million. They spent 90 million in investments in 2020, that's almost 10% of their entire revenue. They are spending almost every available dollar that's not "straight towards their mission" in the markets. I don't know about you guys, but this feels alot like something from the Billionare Boys Club:
+  
+https://www.reddit.com/r/Superstonk/comments/o16cbm/billionaires_boys_club_part_5_the_foundational/?utm_medium=android_app&utm_source=share
+  
+Maybe this is run of the mill for large charities, but I would definitely be questioning my donation if I knew that 10% was going towards speculating in the markets, especially with the "corrections" that we all know are happening/about to get worse. It feels wrong to be betting with charity money, particularly since they may have unlimited loss potential depending on their short posotions. They list this use of funds as "Raising funds used to help more children", but what if their investments don't succeed? They spent more than they made this year (spent $93 million, sold $63 million) so could that phrasing be hiding a 30 million dollar loss? In both 2019 and 2020, the proceeds from sale of investments is less than the purchases of investments, leaving a total loss of about $33 million over the two years. Seems like it's not "raising" many funds, but what do I know?  
+  
+I wonder who is advising them to utilize this strategy, and which hedge fund they use? 
+  
+https://www.bcg.com/en-ca/about/partner-ecosystem/save-the-children
+    
+Hedge fund: ?
+  
+Anyway, I'm not a financial advisor so maybe someone with more corporate/charity finance experience can step in, but I thought I would bring it up just in case. I sincerely hope there is no corruption here, because I mean... it's a charity for children SMH... but some transparency wouldn't be a bad thing in either case.
+I can’t believe it. This has always been my fantasy. I have watched countless videos of people winning the jackpot and wished it was me. Tonight it happened. I hit the bonus and spun the wheel. It landed on grand and I was confused. Then people started congratulating me. I saw the numbers rolling and I was in shock. It felt like a dream. I can pay some debts and have savings.
+I recently got a $2 hour raise at work. I was putting $25 weekly into my portfolio in dividends... yes not much but it's better then nothing. I recently put it up to $75 weekly. Can this relatively small amount really do anything to build a decent portfolio. I am kinda new to this so please don't tear me up. I've been buying into QYLD mostly but I also have some QYLG, KO, RYLD, and just recently got some GOF. I started with $1250 into it to get it started. I have DRIP setup on all the ones I hold and when I get paid I decide which ones u wanna buy that week. I am partial to monthly dividend stocks but not opposed to quarterly either. I just like knowing I can gain more position every month off my dividend payouts.
+
+What would you recommend? Which stocks and how much of my pay should I be doing into it? My bring home is around $900-$1400 weekly depending on OT available and how many side jobs I can do. 
+
+My bills are roughly 2k a month. I just don't want to over extend myself and not have enough saved to make it thru my layoff period in winter. I don't plan on ever selling any dividend stocks... I rather like to think of them as "free" cash flow and putting my money to work for me
+
+Any help is appreciated
+Your markets are run by bots. Now your Weekend threads are too[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people.
+
+[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) 
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+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/ywAGqfUAQE)
+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/ywAGqfUAQE)
+Your markets are run by bots. Now your daily threads are too.
+
+​
+
+This thread is for plans and thoughts prior to the market open period.
+
+Maybe use this time to read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) [.](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).
+
+​
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related](https://discord.gg/ywAGqfUAQE).
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+Your markets are run by bots. Now your daily threads are too.
+
+​
+
+This thread is for plans and thoughts prior to the market open period.
+
+Maybe use this time to read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) [.](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).
+
+​
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related](https://discord.gg/wsNDGTf5QH).
+Your markets are run by bots. Now your /r/Asx_bets daily threads are too.
+
+Read the [wiki](https://www.reddit.com/r/asx_bets/wiki/index/) people[.](https://styles.redditmedia.com/t5_2hqqj5/styles/communityIcon_41pmnaqp4zn41.png?width=256&s=59bf38425fb316fdcba30365b272a5f19352f370)
+
+[Posts relating to the "Is /r/ASX\_bets about finance or effect your mental health?" etc will lead to a ban of the mods chosing. You have been warned.](https://www.reddit.com/r/ASX_Bets/comments/l0l9et/the_does_asx_bets_effect_your_finances_emotions/?utm_medium=android_app&utm_source=share) 
+
+Automoderator may provide "Guidance" for Lazy and zero effort posting.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](https://discord.gg/wsNDGTf5QH)
+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/ywAGqfUAQE)
+I think the principles of FIRE are broadly useful to just about all people:
+
+"It is not the man with too little property, but the one who wants more, who is a pauper." - Seneca
+
+Build a lifestyle that makes you content, build your income until your means exceed the needs of that lifestyle, and invest the difference into your future.
+
+But can we talk for a minute about the second part - building your income? It's important because there's a hard minimum that anyone needs to spend in order to be content. There's often far more flexibility on the earning-side than on the spending-side, but none of us has perfect information and so none of us knows all the potential opportunities available to us.
+
+Since I've been working in tech - mostly big tech, currently FAAMG - for my entire adult life, I know a little about the opportunities in this industry. I've noticed a tendency here for us engineers to humble-brag about, essentially, FIRE on easy mode. I've also noticed a tendency for people here outside the industry to disbelieve income claims, or to assume that one must be an elite computer scientist to make $150k, or a C-suite executive in a HCOL area to make $300k. I'd like to share an insider's view of the tech industry and some of the coding and non-coding opportunities it provides.
+
+There are four broad types of tech employment:
+
+1. FAAMG: the largest 5 tech companies by market cap, that have invented money-printing machines (Facebook: ads, Apple: hardware, Amazon: cloud infrastructure, Microsoft: cloud infrastructure, Google: ads), and rely on many tens of thousands of tech workers to keep their machines operating better than any competitors'.
+2. the rest of Big Tech: Netflix, Salesforce, Adobe, Twitter, Dropbox, Uber, several others. Similar to FAAMG, but slightly smaller market cap.
+3. Startups: Smaller, venture-funded companies trying to join the ranks of FAAMG & co.
+4. Everything else: Every company now depends on technology to a larger degree than most people realize. Huge corporate budgets go to their tech organizations, which to them are cost centers: if they could lay off all the tech staff and still accomplish their business goals, they would. Agencies and consulting companies exist in this space as well.
+
+The compensation structures in tech are bifurcated into extremely high comp (Big tech, funded startups) and everything else. Let's get "everything else" out of the way first: the average software engineer makes a little over $100k in the US, mostly in salary. That accounts for a huge number of software engineers because there are software engineers in *every* company now.
+
+However, a junior engineer straight out of school can expect to make $175k total comp in big tech. The floor for high-comp employers is often the ceiling for everyone else.
+
+Now, to understand comp structure. FAAMG leads the way with a standard package that's usually composed of: Salary + 15% of your salary as an almost-guaranteed bonus + Restricted Stock Units (RSUs) that vest over usually 4 years. In FAAMG, the RSUs are usually more than half of your total comp. The rest of big tech follows in the same league but usually 10-20% lower overall, with similar salary levels and fewer RSUs. Startups imitate FAAMG, using venture capital to offer lower salary balanced by larger private stock or options. They do this because it hedges their risk - if the startup takes off, they can afford your massive payday, and if it fails, then those private RSUs or options are worthless anyway.
+
+In big tech & deeply-funded startups, it's possible, but slightly rare, for a software engineer to exceed $500k / year. This would almost never be salary (with the weird exception of Netflix). Instead, it would usually be something like $200k salary + $30k bonus + $1.2 million RSUs vesting over four years. Generally, those RSUs would not all be granted at the same time - instead, they would have been granted over several years working at the place, a couple hundred thousand at a time during your re-up period, usually on an annual cycle in lockstep with performance reviews.
+
+Lots of factors contribute to and detract from this total comp. I'm sure it happens, but I have yet to see more than $500k total comp for a remote role in a MCOL or lower city. Usually San Francisco, Seattle, NYC, and a few other places get a "premium" status from the compensation team and everything else is some lower percentage of that maximum band. A very senior engineer (7-equivalent at Google or FB) in a HCOL area can break $750k / year, the lucky bastards. Aside: at that point, you're firmly in golden handcuffs and most non-top-tier companies can't afford you; if you don't like your job, it must really suck, because your rational brain says you absolutely must not quit, even if your daily life is miserable. We see some of the impact of that on this subreddit.
+
+Now, how can you capitalize on this for FIRE, without being a software engineer?
+
+Big tech companies are huge, employing hundreds of thousands of people, many of whom are not engineers and do not write code. Startups are smaller, but there are tons of them (300 in the latest YCombinator batch alone), and together they also employ a ton of people - some of whom do not write code. All of these companies pride themselves on hiring "the best" - across the technical and non-technical board - and their salary bands are anchored high because of all the engineers on staff. Some caveats:
+
+- Usually, these companies aren't as remote-flexible for non-technical roles. You will have better chances if you relocate to SF, Seattle, NYC, Houston, Austin, Denver...
+- Usually, these companies don't offer large non-salary comp to non-technical roles (until you reach a certain level of seniority).
+- Big tech seems to like to hire from other tech companies. So a viable strategy can be getting your foot in the door in a smaller space (like a startup) and then leveraging that into interviews with top-tier companies.
+
+So, here are some six-figure roles in big tech companies that don't require any coding:
+
+- content managers (use a CMS to update marketing websites)
+- email marketers (use a CMS to write marketing emails)
+- marketing coordinators (handle swag, sponsor conferences, coordinate speakers/promotions)
+- sales (manage relationships, pursue leads)
+- product managers (gather customer and industry data, feedback, build requirements, work with engineering teams to launch products)
+- office managers (manage a bunch of the complexities of these huge tech campuses)
+- UX / UI designers (work with product managers & engineers to design product workflows, interfaces, and branding)
+- HR / "People" teams (develop the processes a company uses for people management - reviews, performance, hiring/firing, coaching, etc)
+- recruiting (source & hire everyone else, usually targeted to hard-to-hire areas like technical engineering managers)
+- finance: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h20qmld/
+- customer success (this one is iffy on my six-figure claims. It happens, but usually with more technical products where you have to be technical to support the customers.)
+
+If you can see yourself in one of those, then you may have the option of making FIRE easier by starting a code-free big tech career.
+
+Edit - suggestions from comments:
+
+- administrative assistants: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h20luy2/
+- QA: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h20k0io/
+- Non-technical program manager: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h20qt0o/
+- Operations manager: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h21ir81/
+
+Edit - had to add this excellent point from /u/skizzy_mars:
+
+> tech companies tend to have very, very good benefits and everyone gets them, not just software engineers.
+
+Edit - the reason I wrote this was to share how the tech industry works more broadly, and to expand the potential options of non-programmers. I'm going to largely ignore comments like: do you break $750k at L6 or L7? Why did you use FAAMG instead of FAANG, do you work for Microsoft? Instead, I'll highlight some of the comments that bring new perspectives that I lack, or that bring depth into areas where I have little experience:
+
+- Cautioning against over-optimism (absolutely! Breaking $250k isn't easy or as common as people in the bubble believe it to be): https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h218js2/
+- Filling in some of the things I don't know about finance: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h215aoa/
+- Comparison with the defense industry: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h212ray/
+- Startup customer success to 6 figures: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h211oga/
+- Customer success in 6 figures: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h210xs4/
+- These jobs are not easy (I should have emphasized this more. The jobs are "cushy," in that you get lots of time flexibility, pay, benefits, work-from-home, etc. But they require dedication to becoming extremely good in your field, oftentimes working with 'venerable' tech stacks, uninteresting tasks, corporate/security/compliance bureaucracy, oncall rotations for some of the most complicated systems man has ever spaghettied together, etc): https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h239jfp/
+- A startup that is hiring non-technical roles right now: https://www.reddit.com/r/financialindependence/comments/o1f12s/joining_a_tech_company_without_coding_a_small/h27aho9/
+I just went into the supermarket this morning. One of the things I wanted to pick up was two boxes of Rice Chex. I was super surprised to see both flavors cost $7.29. Like this is at a basic supermarket too named Key Food. I was looking up prices yesterday because I was probably going to order some groceries and it was cheaper at Whole Foods and some other services.
+
+
+I haven't bought a box of cereal in a while. I mainly buy oats because it's cheaper and last more than a week. But since I had to change my diet because of an gluten intolerance I was buying gluten free oats. But that is way too expensive for $11 a bag. Because the regular oats tend to still give me a problem. But after seeing the price of the Rife Chex I just ended up buying the damn oats and got me some raisins too. I know that will last me two weeks compared to only less than a week with the cold cereal.
+
+
+But is there something I don't know about Rice Chex? Like I usually think of that as the standard brand of cereal like Cheerios, Rice Krispies, Coco Puffs and etc. Definitely not about to almost $15 for two boxes lol.
+Congratulations, you're an intelligent being with intuition! You have an innate capacity to notice out of the ordinary occurrences, including when something is phishy or scammy.
+
+* Seemingly too good to be true? 
+* Higher than reasonable wages offered? 
+* Mega-killer deals?
+* Unexpected and out of character interest in you?
+
+Scam
+
+* "Can't talk on phone" for any reason? 
+* Shady/suspicious communication? 
+* Too much detail?
+
+Scam
+
+* Situation doesn't feel right (i.e. buying iTunes cards for the IRS)? 
+* Unexpected contact initialized by email/phone call? 
+* **Something nagging at you but can't tell what it is?**
+
+Scam.
+
+Point is, if you go with your gut, you're less likely to get scammed. On the off chance it's a legitimate opportunity, maybe you'll miss out on a one-off, but overall it's safer to promote a culture of caution. Especially if you aren't financially stable or sure of your financial trajectory
+    
+
+Edit: Obviously there are exceptions to the rule. It's not **always** a scam. Thanks, this post isn't to preach to the choir, but rather as a reminder/lesson to the 14 million some-odd people who browse this sub. Most of whom do so for legitimate financial-related advice. I just hope more people can keep this notion in mind so that when they're presented with a potential scam, they know instinctively how to act, as opposed to being carried about by every wind of *opportunity*
+ What follows is largely a repost of a post I made a couple of months ago. It was well received back then and far exceeded my expectations for it and since Superstonk’s size has multiplied I thought it might be worthwhile for new apes too. I’ve made some edits and additions to it and made it better overall I think but if these kinds of pseudo reposts/updates aren’t allowed Mods can delete. I do believe this kind of content has an important place on the sub though as we close in on the MOASS.
+
+Okay Apes let's get to it. The DD has been done, The DD has been consumed by apes and there has been no rebuttal to the facts of our DD anywhere. There is always new DD coming out but by now we all should know that it is inevitable. **The MOASS could happen any day now** There are a lot of possible catalysts approaching fast that each on their own could launch us to Andromeda. OR launch could be next week or next month or whenever but that just gives us longer to prepare. Every day is one day closer!
+
+Let's face it. **The decisions you make during the squeeze are going to be some of the biggest and most important of your whole life.** I hope that this post will help some apes prepare to be in a good frame of mind, and in as good physical and mental shape as possible in the time we have left. So that as many of us as possible can be in the right shape to make the right decisions for ourselves and all Apekind.
+
+The bottom line is that your preparation before and health and wellbeing at the time of the squeeze and during the squeeze will have an impact on your decision making and ability to think accurately. I believe you’re letting yourself down to not prepare and to not look after yourself and be good for the squeeze before, during and after.
+
+This is not financial advice. I'm just an ape trying to share some of what I know that I believe is of value to other apes and give back to this amazing community. I’ve learnt so much on this journey with you Apes and already changed my life for the better regardless of the squeeze.
+
+I’ve always been interested in maximising health and wellbeing and physical/mental performance/self improvement but 5 years ago I developed a long term illness and became obsessed with this stuff. I've now done a tonne of research and experimentation in the last 5 years and found some things that really work and am now in an amazing place in life.
+
+I’m going to split this into 3 sections, one each for preparing and nourishing your mind, body and soul for the MOASS. All of these intertwine to create a truly healthy person inside and out and if one of these areas suffers, sooner or later the others will suffer too because of it.
+
+**Preparing the Mind**
+
+Prepare and read as much exit strategy DD as possible until you feel confident in what you need to do come the squeeze. Have an exit strategy in mind, this post is not for going into exact exit strategy DD in terms of peaks and dips and price points, others have and will cover that better than I would be able.
+
+Most of all I believe we need to prepare ourselves to grip tighter and become true diamond hands and HOLD on as we rocket through the atmosphere and past the moon.
+
+This DD is about giving you some practical strategies so you will be prepared to stay calm as the rocket launches and be ready to welcome the 7, 8 and 9 digit numbers like old friends. Do not be scared of the big numbers, they are your destiny. Calm = better decision making = more tendies for all the apes = a new world post MOASS.
+
+Visualisation
+
+“It is now a well-known fact that we stimulate the same brain regions when we visualize an action and when we actually perform that same action. For example, when you visualize lifting your right hand, it stimulates the same part of the brain that is activated when you actually lift your right hand.”
+
+Visualisation and mental rehearsal are the real deal, when not practising physically professional athletes visualise plays and certain movements they perform during play nonstop. This is proven to help performance and increase the CONFIDENCE of being able to execute at a high percentage.
+
+I’ve personally used this in my own amateur sport career to great effect and in other areas of life like business and the gym too.
+
+How I propose this can be used for the MOASS prep and what I have been personally doing:
+
+Close your eyes and imagine yourself in as much detail as you can, checking the ticker during the squeeze and seeing certain numbers for GME maybe 10k, 100k, and up to 1m, 10m, 100m, Visualise yourself sitting there viewing the ticker and holding, getting up and coming back to your computer and still holding easily for as long as it takes until your floor. By all accounts the MOASS will last a while. With halts and everything and the insane amount of shorts that need covering the minimum I can see it being done in is 10-20 days.  I've also seen sensible longer estimates with the DTCC having a max of 35 days to cover after the hedgies are liquidated meaning this could be a long and tiring MOASS.
+
+So we have to Imagine the price dipping and then soaring back up multiple times over multiple days/weeks sitting through days and days of high volume before thinking of selling, and then selling one by one on the way down (or not, your exit strat is yours, I’m sure many of us will be keeping some for the infinity pool too as I will). Or the price sitting at a peak for a while before the DTCC kicks in and it soars higher. Visualise and mentally rehearse yourself going through days of this and multiple different scenarios, going to bed sleeping well and waking up the next day. living your normal life just holding throughout with your diamondest of diamond hands and then when you deem the time is right - pulling off your exit strategy flawlessly.
+
+Do this once a day and I promise you will be more confident during the MOASS and more likely to achieve your exit strategy goals.
+
+FUD Combat
+
+Most of us have been here a while and are now impervious to FUD and the addition of Satori by our world class mod team is a mind blowingly awesome development BUT FUD can be very sneaky so we must remain vigilant, during the MOASS it is expected that FUD levels will be insane. 
+
+I don’t buy into the common sentiment that these people are stupid; evil, greedy, wreckless and irresponsible yes but we should not underestimate their intelligence and cunning.
+
+Stay vigilant and be ready to fall back on your training of the past few months and remember the most basic facts of the DD. We own the float, shorts must cover, we can name our price.
+
+If reddit goes down, have your contingencies ready and in place. Follow mods on twitter, Gangnam style comment section and this trick ready for being able to access Reddit when its down:
+
+[https://www.reddit.com/r/Superstonk/comments/nrmz2m/how\_to\_access\_superstonk\_when\_reddit\_is\_down/](https://www.reddit.com/r/Superstonk/comments/nrmz2m/how_to_access_superstonk_when_reddit_is_down/)
+
+Practising mindfulness
+
+“According to neuroscience research, **mindfulness** practices dampen activity in our amygdala and increase the connections between the amygdala and prefrontal cortex. Both of these parts of the brain help us to be less reactive to stressors and to recover better from stress when we experience it”
+
+The benefits of mindfulness and meditation are countless and the science is now irrefutable. Practising mindfulness through meditation is in my opinion the number one best thing you can do for your mind to keep it working well and be more at peace with the world. I’ve now meditated everyday for almost 4 years and am able to deal with stressors relatively easily. It's hard to put into words how powerful a meditation practise is. There is a reason such a high percentage of the most successful people have a daily meditation practise.
+
+My favourite meditation quote:
+
+“Your mind is the basis of everything that you experience and of every contribution you make to the lives of others. Given this fact, it makes sense to train it.” -- Sam Harris
+
+Practise 10 minutes a day to start if that is all you can manage. I would highly recommend trying out some longer duration guided meditations too, the longer the meditation the more beneficial effects you will witness in my experience.
+
+I find it a lot easier and better lying down when I meditate without having to worry about posture especially if you’re a beginner.
+
+I recommend the insight timer app for free guided meditations perfect for beginners and experienced alike. Pick a highly rated one, block out some time to chill and work on yourself and trust the instructor and go with it. Remember it is meditation practise not meditation perfect, don’t expect to be a master straight away, be kind and encouraging to yourself for doing something positive.
+
+The goal is not to have zero thoughts. The goal is to be the witness to your thoughts and observe without engaging in them.
+
+Once you start to see benefits and enjoy the practise it becomes a true joy.
+
+If you’re feeling stressed, anxious or overwhelmed or feeling FUD during the MOASS or at any point in daily life chucking on a good guided meditation is a surefire way to snap out of that state and gain some clarity as to what is happening and how best to move forward.
+
+Do this and your MOASS experience will work out better than if you don’t, I’m fairly certain of that.
+
+Be discerning with where and how you spend your mental energy.
+
+Social media is designed by some of the brightest minds of our time to keep you scrolling, to keep you clicking and to keep you getting those tasty dopamine hits. To suck as much of your time and attention per day as possible into their app. With GME this is even more powerful with the delicious hits of confirmation bias that we can deliver to ourselves so easily.
+
+There is such a thing as too much though and when you’ve already done enough reading and DD and upvoting and Apeing for the day or the week you need to be able to realise that you’ve come to that point of diminishing returns and take the power back. Put your phone down and switch off from all of this. You don’t want reddit (or Facebook or IG, youtube etc.) to be taking up too large of a percentage of your day to where you are neglecting other important things in your life, depriving yourself of sleep and healthy living habits etc. It is very easy to do because of how powerful and addictive these technologies are but being aware of it is the first step to taking back control if you think you have an issue with this.
+
+I personally think it is an unfair fight for us against this addictive technology and the might of the tech giants. I enlist the help of app blockers on my phone and PC to limit my use of certain social media apps and websites. I would definitely recommend at least having them on at night so you can’t stay up too late in the internet wormhole and badly affect your sleep.
+
+You wouldn’t want the MOASS to start and for you to be tired and dopey from mindlessly scrolling social media all night the night(s) before. You want to be awake, well rested and alert and confident in your ability to execute when you need to during the MOASS.
+
+**Preparing the Body**
+
+I’m sure most of you intellectually know the basics of what I’m going to say now but seriously if you don’t have some of these healthy habits in your life already what better time is there to start than now? What better reason to look after yourself so you can perform during and after the MOASS.
+
+Exercise
+
+Make sure you’re getting some form of exercise everyday. We will all be at different levels of fitness and know-how but anything is better than nothing. I know during covid it's tough for some but even just getting out in the fresh air once a day and going for a leisurely walk will be very beneficial for mind, body and soul. Don’t jump straight into intensely working out if you’ve been doing nothing, that could potentially have you exhausted come the MOASS which is the opposite of what we want. The goal is to just not be completely sedentary and to be in a better place mentally and physically than you are now even if it's just a few steps in the right direction.
+
+Sunlight
+
+Getting some sunlight on your skin is such an underrated and overlooked aspect of health these days. We all spend so much time inside on our devices.
+
+Make an effort to get at least 20-30 minutes of sunlight a day if possible, ideally with your shirt off so you can absorb more of that delicious vitamin D. Vitamin D is responsible for the proper function of an amazing amount of mechanisms inside our bodies and so many of us are deficient.
+
+This will also have the added benefit of balancing your circadian rhythm and allowing you to sleep better.
+
+If it's not sunny where you are, get a vitamin D supplement and start taking it.
+
+Getting outside and in nature and the fresh air even for a short while during the day even if its not sunny where you are will still benefit you.
+
+Nutrition
+
+I’m not going to get too deep into this as some people get so attached to their diet and ideologies surrounding food.
+
+Just make an effort to eat better than you have been, nearly all of us have some room for improvement in our diets. Focus on whole foods that are nutrient dense as far as your budget allows and try to stay away from the shit we all know is not good for you, the heavily processed fatty, carby, sugary shit. Don’t overeat, eat to satiation and stop.
+
+I believe so many modern health problems are caused by humans having an unnatural relationship with food today. We have changed from treating food primarily as a fuel for our bodies and minds to now using it more as a tool to make ourselves feel good for short bursts when we are eating it. Putting the importance of taste far above that of real nutrition and not giving ourselves the building blocks we need to perform to our best.
+
+Treat more of your meals primarily as fuel and your health and relationship with food will improve.
+
+Sleep
+
+Being well rested and getting your sleep is one of the major keys to being at your best. For some it is not easy and it took me a long time to improve my sleep habits from being terrible to now being able to consistently get 7-8 good hours a night and go to bed at a decent time.
+
+Here are some basic tips that make all the difference - try to get to sleep before 10PM, hours of sleep before midnight are worth more than the hours of sleep after midnight according to a lot of people and I have found this to be the case in my experience.
+
+Limit your phone and exposure to blue light before bed, ideally have your phone in another room at night so you aren’t tempted by it and make a commitment to not use your phone for an hour before bed so you can switch off. Create a night time and bedtime routine and stick to it.
+
+If you have trouble getting to sleep try one or all of these - a yoga nidra guided meditation, magnesium L-threonate or a good quality melatonin supplement. I’m also a fan of CBD as well.
+
+Doing the other things in this post particularly the sunlight, meditation and exercise should also help you sleep better and more easily.
+
+**Nourishing the Soul**
+
+if you’re some cyborg that doesn’t agree we all have a soul skip this section lol.
+
+Enjoy yourself and switch off from this whole GME saga for a while each day. Do what you love, spend quality time with your loved ones, your friends, play with your pets, watch your favourite shows, engage in your hobbies, get out in nature. Do the things that keep you out of your head and bring you into the present moment and recharge and nourish yourself.
+
+Gratitude
+
+Practising gratitude is very powerful, with research in recent years finding that it has emotional, social, personality, career and health benefits.
+
+This is a good article that lays this out in detail. [https://positivepsychology.com/benefits-gratitude-research-questions/](https://positivepsychology.com/benefits-gratitude-research-questions/)
+
+Besides the basic things we all have in life to be grateful for, stop and think about how lucky we are to be in this position. Realise how fortunate we are to be given this incredible opportunity. This is massive. **Out of 7 billion+ people we are part of the few million or so that know about the MOASS and are in a position to change our lives and the history of the world while fucking some greedy hedgies and making ourselves rich in the process.**
+
+Make no mistake this saga will go down in history and we were the ones lucky enough to be there before it all kicked off and in just the right place to benefit from it. This is truly a one of a kind history making phenomenon and we are here all together on the brink, Ape with Ape doing something so special it is hard to fathom.
+
+We are going to look back at this as some of the best times of our lives I’m sure of it, **be thankful.**
+
+**And finally lets fucking enjoy this shit!**
+
+This kind of goes along with gratitude but lets fucking enjoy this shit! Being jacked to the fucking tits is fun as fuck and should be a daily occurence. Watch some hype videos and fist pump, dance, do whatever, read your favourite bias confirming DDs and get fucking JACKED to the tits with your fellow apes. There is a time for serious DD and a time for laughing and being filled with joy and excitement about this coming MOASS and amazing, strange time we are living through.
+
+**This is a once in a millenia occurrence and we are part of it, lets fucking enjoy it and lets get fucking JACKED to the tits!**
+
+Hopefully this post can convince some of you that preparing for the MOASS in these ways is the smart play both for yourselves and Apekind.
+
+Good luck during the MOASS fellow apes and may we all blast off to the andromeda galaxy and return with mind boggling amounts of tendies and more stories for our grandkids.
+
+**APESTRONG**
+
+TL;DR The MOASS is close and could happen any day now and if it doesn’t, every day we are STILL one day closer. Prepare by looking after yourself so that you are in the best mental and physical condition possible to hold throughout and past the launch phase and initial moonshot and successfully execute your exit strategy and make the most of it for yourself and all Apekind. Do this by nourishing your body, mind and soul. 
+
+Tendies are cool, very cool but take it from me as someone who found this out the hard way; health truly is wealth. Look after yourselves Apes.
+Yesterday my wife and I (43 and 46 since today ;) had a long discussion and brought forward our FIRE date.
+Initially it would have been 2023 but now it will be end of 2019. Main reason is the 'anything can happen and we will not be able to enjoy the fruits of our work'. 
+
+In the last few months a lot happened health wise in our family. I got a nerve palsy (without any realy reason) which made walking longer distances or climbing stairs very hard. Now after 3 months it is slowly getting better. My wife got a cyst in her ovaries, my cousin had a stroke, my other cousin got breast cancer, my mother was in hospital for the first time since 40 years because of back pain and so on. Too much happened.
+
+So we crunched our numbers (we should be at 1.4 mio Euro - mostly in real estate) and we prefer to live our life now healthy instead of more luxury in a wheel chair. And we will be in Thailand most of the time so costs will be lower anyway. And as we do not have chrildern we can also use up a big chunck of this money.
+
+We will continue with our plan to buy a 2 bed 2 bath condo in Thailand end of the year or beginning of 2019 and then when we sell our house in Germany we will buy a house in Thailand. 
+
+One more year of work (freelance programmer but with a contract until end of next year) and then only reading, playing video games, riding my motor bike, flying some drones and more video and arcade games. And hopefully there will by a group of people who enjoy board games. No more stress!
+
+Thanks for listening ;)
+I heard a good many debate about diversify, specifically about the international market, or weather or not to focus on tech.
+
+The situation for me is this.  If US or big tech start trading sideways, shouldn't we be worry about the market?  
+
+The international market have a yearly return of 3.5% this decade.  For last decade it is around 1.5%.  
+
+The 5 big tech have carry the market this year.  Without them the market is probably still in the negative.
+
+It is unlikely the big tech can continue it's exponential growth.  Because when everyone are already using netflix or facebook, where the growth come from? 
+
+I remember john bogle making the prediction market will climb 48% over the next decade in 2015.  He is clearly wrong because the market climb much more than that.  But it makes we wonder what if the tech sector stopped growing? So are you worry?
+Hello all, I’m in the market for a used car in the 9-12k range. I’ve got the cash in hand to buy it, however, my girlfriend doesn’t see it as the right move. Her (22F) and I (23M) are planning on buying a home come fall of next year with our combined 140k income. However, we don’t have very long or diverse credit histories (2.5 years is my average age of credit with a score of 730). Thus, in an effort to not only secure a different line of credit, but to also build my credit score, my GF has suggested I put 5k down and finance the other 6-7k for the car. She believes this will do nothing but help our chances when it comes down to eventually looking for our home a year from now. 
+
+Thoughts appreciated!!
+Hello,
+
+I'm just trying to do some finincial planning for 2023 and according to my budget, I will have about $1000 left at the end of each month. Given the talk of a recession, would I better to use this money to pay extra off my home loan rahter than buy more EFT's (Vanguard)?
+
+I will already be adding money to my savings account and think I have all the other bases covered in term of expenses.
+
+Thanks
+
+Edit: Thanks for all the advice, I think I will focus on the mortgage for the year
+I have been looking at some historical economic data since the stock market has been having issues and I noticed that the chart for the stock market over time is much more volatile than the chart for GDP over time. My intuition tells me they should be much more closely related, but over the last couple decades the stock market looks incredibly volatile.
+
+​
+
+Is my intuition wrong? Why is it more volatile?
+
+Why does it seem to get more volatile in the last couple of decades?
+
+​
+
+​
+
+[https://tradingeconomics.com/united-states/gdp](https://tradingeconomics.com/united-states/gdp)
+
+[https://tradingeconomics.com/united-states/stock-market](https://tradingeconomics.com/united-states/stock-market)
+I am a beginner in economics. Recently I read about stuff like Mercantilism where people stressed on importance of export surplus and reduction of trade deficit. I couldn't help but compare it to the present, where there seems to be a lot of focus on reducing imports and increasing exports, especially in the post COVID world and post Trump.
+
+But I still don't understand what's so controversial about trade deficits and imports. My thought process is that, a country A imports something (say, a car) because it perhaps doesn't have the ability to manufacture it. Or even if it can, it can't make cars efficiently. So, country A imports cars from country B in exchange for dollars.
+
+Either way, trade clearly makes both the nation's consumers better off. Country A gets a car (which I value more than the money I have) and Country B gets the money (which they value more than the car). So of course, this leads to a trade deficit between A and B, but it clearly makes everyone happy. 
+
+So why is trade deficit a matter of concern?
+
+\------------------------------------------------------------------------------------------------------------------------------------------------
+
+Secondly, what's the benefit of an export surplus to a country? If I am not wrong, most proceeds of the export surplus (except taxes) will go to individual traders or companies. How does this exactly benefit the government or even the country?
+What would be the probable effects if a government  was the majority shareholder of all enterprises within the economy, while the enterprises were managed for profit in a competetive market landscape, per usual?
+
+Would this change the functioning of the economy as a whole much at all?
+
+Would rational allocation of resources through market forces be possible in this type of a scenario?
+I feel that I may have some misunderstandings about economics and want to see if I can clarify them. I personally don't understand why debt for a country is good, especially in levels that we've achieved where debt is 100% greater than GDP. I don't understand how removing the power to print money from a government and giving it to a central bank is good. I don't get why inflation would be good. I don't understand how we can have negative rates around the world with Japan considering helicopter money and yet economists (really the FED) say that our economy is doing fine. 
+
+I only conclude that I MUST not actually understand and must have false ideas fixed in my mind. Please help me understand what those false ideas are and what the truth is. 
+
+If you have any helpful links to perhaps a debate of an economist vs. someone who holds these false ideas feel free to post them. 
+1. Japan has [long history of budget deficit](https://tradingeconomics.com/japan/government-budget)  
+2. But the [Yen has strengthened consistently since 1970](https://fred.stlouisfed.org/series/EXJPUS).  
+3. Then why does everyone keep saying that the US dollar will be weakened because of budget deficit?
+Watch out [FedEx](https://www.cnbc.com/quotes/?symbol=FDX), [UPS](https://www.cnbc.com/quotes/?symbol=UPS), DHL and the U.S. Postal Service: [Amazon](https://www.cnbc.com/quotes/?symbol=AMZN) is building its own last-mile delivery service.
+
+The e-commerce behemoth announced on  Thursday its new Delivery Service Partners program — designed to let  entrepreneurs run their own local delivery networks of up to 40 vans  emblazoned with Prime logos.
+
+Each delivery unit will  start their day at one of 75 current Amazon stations in the U.S. where  parcels ordered from Amazon.com are picked up by drivers wearing  blue-collared shirts with an Amazon logo and black hats. Algorithms will  determine which packages are sent to these delivery stations, and which  are sent to other delivery partners, like FedEx and UPS.
+
+"This is all about scaling cost  effectively,” said Dave Clark, senior vice president of Amazon Worldwide  Operations. He said the new delivery program will help meet the growth  in e-commerce. “We are going to have to meet this growth, and it's  outpacing the growth of our core providers.”
+
+This year, more than 40 percent of all e-commerce purchases will be made on Amazon, according to an eMarketer estimate.
+
+Clark said Amazon has  “great relationships” with its external delivery partners. “We use  everything in order to meet our scale and meet our needs. I don’t see  that changing in the future,” he said.
+
+In its latest annual 10-K  filing, Amazon noted the risk associated with relying on external  partners like FedEx and UPS. “If we are unable to negotiate acceptable  terms with these companies or they experience performance problems or  other difficulties, it could negatively impact our operating results and  customer experience.”
+
+In the filing, Amazon  said shipping costs — including sorting, delivery center and  transportation expenses — ballooned from $11.5 billion in 2015 to $21.7  billion in 2017, and its shipping costs are expected to continue to  increase.
+
+The new program brings  more of the costs and customer service under its control, while letting  entrepreneurs run the operations under the behemoth’s name.
+
+The e-commerce giant said  the program will enable “hundreds” of small businesses to get started,  and it will ultimately hire “tens of thousands” of new delivery drivers  across the country. This comes at a time when there is a trucker  shortage in the U.S., adding to rising transportation costs for many  businesses.
+
+Amazon isn't providing an  estimate for how many or how long it will take to get more delivery  stations built in order to get packages to these new 10s of thousands of  delivery drivers.
+
+Each Delivery Service  Partner can start a business with as little as a $10,000 investment. The  partner is vetted by Amazon, and once accepted, will lease  Prime-branded vehicles from Amazon, but the entrepreneur will be in  charge of recruiting and hiring drivers. Amazon will offer discounts for  costs incurred to run the business on expenses like fuel, insurance and  benefit programs. The company says the program is set up so successful  delivery partners can make up to $300,000 in annual profit.
+
+Olaoluwa Abimbola has  been running his delivery service business in the Denver area as part of  the beta test for the last five months. While his background is in  computer science and not logistics, he says he’s “loving” his new  business and has already hired more than 40 employees who work “fairly  regular hours” and “are encouraged to take breaks.”
+
+This new last-mile  delivery program is in addition to Amazon Flex, a delivery program in  more than 50 U.S. cities that operates more like Uber or Lyft, with “gig  workers” delivering parcels from their own vehicles for $18 to $25 an  hour.
+
+Amazon’s Delivery Service  Partners is just another part of the company’s own logistics network.  It already has 7,000 of its own trucks and 40 airplanes which, along  with external delivery partners, shipped more than 5 billion Prime items  last year.
+
+While Amazon won’t  disclose the financials behind the new program, Clark says it’s “much  more about customer experience and meeting overall growth. We think this  is going to be a cost effective way to do that.”
+
+[Click here for the Original Article @CNBC ](https://www.cnbc.com/2018/06/27/amazon-is-recruiting-entrepreneurs-to-start-delivery-networks.html)
+I have just changed my home Insurance provider.The renewal quote was really high (£270 --> £680). I had not made any claims. So I went with a new provider.
+
+In the small print of the old provider they comment that they will auto renew, and for "my benefit" have saved my credit card on file.
+
+Now I have a thing about auto renewals. I never ever agree to them. I didnt agree to this... The only way to stop it is to phone them, it can't be done online. So I have to spend 30 minutes phoning to stop this "auto renewal".
+
+The insurance companies claim it is all for our benefit in case we forget...but we all know that is not true...it is a borderline scam....especially when they ramp up the premiums so much..This behaviour needs regulating.
+I see an increasing number of posts spreading FUD about the sub becoming a cult, which is spreading unnecessary bad vibes.
+So this right here might be the best opportunity to spread some love ❤️ ☮️ 
+
+In my eyes, this subreddit is more like the “Woodstock Festival” (which was held in ‘69, nice)
+
+https://en.wikipedia.org/wiki/Woodstock
+
+Please have a look at the Wikipedia article, and you might be surprised about the similarities. Even the number of participants is eerily similar.
+
+We have some first-class organizers (mods) and some first-class acts: AMA guests, apes providing high quality DD and probably the best entertainment the entire internet could possibly have.
+Some even perform the act of love with a banana, and apes are just cheering…
+
+This is a once in a lifetime event, and this time, I’m glad I didn’t miss Woodstonk!
+
+https://youtu.be/iZB8XXYePy0
+
+EDIT: 🚀🚀🚀🚀🚀🚀
+For many of you reading this you may not understand what truly happened Thursday morning. We were on the brink of a Bear Stearns moment. Basically, these funds were so leveraged that many of them were blowing up, and it threatened to take down the entire market with it.
+
+ 
+
+
+TLDR; Had the "FREE MARKET" remained free this would have caused a massive systemic crash due to forced deleveraging of hedge funds.
+
+ 
+
+**Understanding Leverage:**
+
+Many people don't quite understand the game that goes on between these big funds and the market. These big hedge funds are leveraged up so say Melvin Capital has 12 Billion in AUM (Assets under management) they are likely leveraged up 5-10x meaning they actually own stock positions worth 60-120 Billion. If enough hedge funds blow up at once, the whole system collapses because they are forced to sell longs and deleverage. This is what happened in 2008, and these guys saw it happening again.
+
+ 
+
+**The entire market was at systemic risk.**
+
+
+They had no out so they changed the game. The clearing firms, and Depository Trust Company suddenly changed the entire margin requirements for every "meme" stock. Basically when you buy a stock normally your broker has to give a clearing firm 2% of the collateral of the stock price, and the trade is matched with a seller/buyer and sent to a firm like DFT who then records you as the new owner of that share of stock.
+
+ 
+
+
+**Changing collateral requirements suddenly**
+
+
+Well guess what they changed the collateral requirement to 100% yes you are correct they changed it to **100%**. This FORCED many brokers to not allow buys on the stock. This is the true culprit behind whats going on. ***The Citadel*** was at risk of blowing up which means big banks like JP Morgan and Goldman Sachs were gonna take heavy losses. This would cause a massive market pullback probably between 15-20%. They COULD NOT let this happen. You think President Biden wants to watch the stock market blow up on his second week in office?
+
+ 
+
+**A coordinated attack on retail investors:**
+
+I have never ever seen the level of manipulation that existed on Thursday and Friday. These funds are all on the brink of collapse so they cut off access to over 95% of the people from buying, and forced sells or hit stop losses on every single open position. Interactive Brokers HAD been my broker for many years, and I had promoted them for ages. Watching their Chairman Thomas Peterffy say we will stop trading UNTIL these stocks return to a reasonable price angered me to my core. You run a broker firm YOU DO NOT DECIDE THE PRICE OF A STOCK PERIOD. This was a coordinated takedown of the young retail investor who was on the verge of a HUGE win.
+
+ 
+
+
+**Where stocks would have ended the week causing a market blowup:**
+
+So what is the real price these meme stocks would have ended up at you ask.
+
+$GME 1000
+
+
+$BB    50
+
+
+$AMC  30
+
+
+$NOK  12
+
+ 
+
+Disclaimer: I am not a financial advisor. Just a man who has worked in and around the industry for over a decade with a lot of experience about what goes on behind the scenes.
+
+Hey guys, so I want to place a timed bet. Say GME is going to rip on date X, X+1 and X+2 by Y% overall. I want to enter my position on day X - 10. I had a couple questions here.
+
+1) ATM options are low risk low reward (and expensive) and if I know the time, it makes sense for me to buy OTM calls. But how far out (strike price) should they be for maximizing gains assuming that I have a rough estimate that it will rip Y%?
+
+2) Is it better to buy a OTM spread across different strikes or just multiple units of a single strike?
+
+3) How far out should the option be in terms of time. I have a tendency to target 2 months out, but is that optimal?
+
+Note — question is very specific for $GME, its IV and theta
+
+EDIT:
+
+Putting the info here.
+
+A lot of helpful answers (and funny ones too) here guys! I wanted to to give ya’ll the info on the basis of which I’ll be placing my bets. I’ll try to explain in simple words — There was a phenomenal DD on r/superstonk about futures rollover periods (credit to author u/Criand and all his DD’s) which has been holding true for GME rips since the past 2 years. So there are always rips which happen periodically, and additional smaller outlier rips. 
+
+When you combine this specific DD with other cues such as SI%, borrow rates hikes and FTDs, they all come together and suddenly everyone is reporting these crazy numbers on r/superstonk together. The points in time when these specific bits of info flood the sub is the start of the culmination phase. Thats exactly when I want to take my position — I can specify the date here, but I won’t coz I don’t want it to come off as financial advice (you can derive the date yourself if you read the DD). When all the numbers are red hot and there’s the rollover period dates. Its absolutely a rip. 
+
+About my position, planning on going 40% in with shares and 60% with call options 45 to 60 DTE out to alleviate the pain of mega theta fucking if anything goes wrong. Basically I’m planning to reinvest profits from previous runs into options and keep my capital plus some more in the form of shares. I don’t mind losing the profits I gained in the previous runs.
+
+I have to say this: The safest and most rewarding play is going to be to BUY. DRS and HODL. Seriously guys, go read the high quality DDs on the sub.
+
+[Link to the main DD about futures rollover cycles and how its been causing rips in GME: https://www.reddit.com/r/Superstonk/comments/p37osl/are_futures_or_swaps_the_secret_sauce_to_price/?utm_source=share&utm_medium=ios_app&utm_name=iossmf]
+
+As a mandatory: this is not financial advice at all. Its just info in return of info.
+From the posts I have seen, comments and my own thoughts. The short hedge funds do not know what they have just done..
+
+I TRULY BELIEVE THAT THEY HAVE JUST SINGEL HANDEDLY MADE ALL APES SO MAD THAT WE WILL ALL 100% DRS OUR SHARES. 
+
+This is what we needed if you ask me.
+
+We needed to see again that no matter what, they will break the rules and laws to win. 
+
+We know that we need to drs to win and some were still on the fence about it and me well I was going to drs 25 shares a time and control my cost basis but now I am selling all on my 212 and buying on ibkr in 3 days after money processes. From an Isa account where I don't pay taxes to now paying taxes and just buying on ibkr 100 percent and transferring.
+
+From what I have read I am not alone. 
+
+Hedges are fucked and they caused this all. Yesterday was truly the most important day for apes to drs. 
+
+Not financial advice just an apes opinion. Love you all. Fuck Kenny and his crew of crooks.
+My ears had to hear this from a boomer who has known about BTC since 2013. 
+
+They still haven't read the whitepaper, but they were 1000000% sure of their above statement.
+
+If you are this ignorant this far down the road all I can do now is laugh at you.
+So currently, my credit isn't in the best spot (around 577), and I have a 2008 Chevy Silverado 1500 LT that I purchased in August 2016. I currently owe around $12,000 on the truck, and the other day it started making a grinding noise. After some back and forth, turns out there was an oil leak and there is now scouring in the engine, which means the mechanic is recommending scrapping the engine and replacing it, about a $7,000 cost.
+
+I have about 2 months before I NEED need a car/this car back, and I have about $3,500 saved up.
+
+I think my only options are to either 
+
+A) trade it in for incredibly low (all quotes/offers have been in the $4K range at max), and take the ~$8000 hit in negative equity, and get a brand new car (most banks will only approve negative equity with a loan on a 2017/2018 vehicle), and make payments on it... however with my credit situation, my interest rate/monthly payment would be through the roof, around $650 a month. So in this scenario, I would take 2 months to pay off bills using the $3,500, and try to save as much as I could for a down payment while still working towards helping my credit score.
+
+B) Cash out my 401K to pay for the repairs. In this scenario, it'd take about 2 months to get my check for the 401K. I have about $9,000 in there (just started 2 years ago and going slow on it), so I would need to take out the full amount to cover taxes/penalties, and then include that with the $3,500 I have saved to cover the full payment. The plus to this is that I continue making my $300/month payments, but I wipe out my 401K completely. I DID just switch jobs though, and I'm only 25, so hopefully it wouldn't hurt me too much in the long run.
+
+Can anyone think of any other options I have, or let me know of anything I might be missing, especially in the 401K Cashout scenario? The most important thing to me right now is keeping my monthly costs low, as I need to continue paying student loans, so a +$350/month would hurt me a lot more than losing $7,000 up front, but I'm terrible with personal finance, so I might be overlooking something.
+
+**EDIT**
+Sounds like the best option right now is to shop around (doing that this Saturday after I get images of the damage), see what other shops will charge to replace, and then probably take the 2 months to use my savings to pay off my debt, and then make a decision then. I'll probably be checking back in - definitely not cashing out my 401K. Thanks for the advice everyone!
+And we are back for another day of trading sideways in Germany.
+I hope you all had a fantastic day, let's make this one even better! 😊
+Thank you for all the support over the last weeks and months, you're all crazy!
+
+Current price "115 minutes in: 160.73 US-$"
+
+FAQ:
+
+Where do you get our numbers from?
+-
+I trade through my bank account and just refresh the page to see the current price. I then use my conversion app ( Euro to US-$ ) and post the result.
+I try to post every 5 minutes, but I am at work so I can't guarantee it 😄
+
+Why are your numbers different from the ones I'm seeing online?
+-
+My banking app shows me the best price that I can sell for right now...it compares Frankfurt, Munich, Stuttgart, Berlin, Düsseldorf, Hamburg, Xetra and "Direkthandel" (meaning "direct exchange").
+That's why my movement may differ from your sources online.
+
+I don't trust those germans, look at what they did in the 20th century...can I get another source?
+-
+Sure, you can take a look here...just remember to convert from € to $!
+https://www.ls-tc.de/de/aktie/gamestop-aktie
+
+Can you post the volume too?
+-
+I can't see the volume on my banking app but you can find it online or probably in my comments, since some friendly apes talk about it often.
+But remember how low the volume is in the US pre-Market and we're talking pre US pre-market here so I think that the volume doesen't reeeeally matter this early into the trading day.
+
+Why are you doing this every day, what's the point of posting these numbers, since the volume is nothing compared to the one in the US?
+-
+I think that it's less about the numbers, it's to show that every minute of every day, there is an ape who's holding GME.
+Look through the comments, there are people from all around the world just wishing each other a good morning, how awesome is that?
+I think that this feeling of camaraderie is critical, it's good to know that I'm not the only one liking this stock.
+I'm holding since november and I will continue to hold for my brothers and sisters. 
+We are not a union, we are all individuals who like the stock, but we're still family!
+
+Starting:                  161.40 US-$
+
+5 minutes in:          161.52 US-$
+
+10 minutes in:        161.46 US-$
+
+15 minutes in:        161.46 US-$
+
+20 minutes in:        161.40 US-$
+
+25 minutes in:        161.04 US-$
+
+30 minutes in:        161.34 US-$
+
+35 minutes in:        160.91 US-$
+
+40 minutes in:        160.43 US-$
+
+45 minutes in:        160.43 US-$
+
+50 minutes in:        160.55 US-$
+
+55 minutes in:        160.55 US-$
+
+60 minutes in:        160.55 US-$
+
+65 minutes in:        160.55 US-$
+
+70 minutes in:        160.67 US-$
+
+75 minutes in:        160.73 US-$
+
+80 minutes in:        160.67 US-$
+
+85 minutes in:        160.79 US-$
+
+90 minutes in:        160.79 US-$
+
+95 minutes in:        160.79 US-$
+
+100 minutes in:      160.85 US-$
+
+105 minutes in:      160.85 US-$
+
+110 minutes in:      160.91 US-$
+
+115 minutes in:      160.73 US-$
+
+The US pre-market is about to open so that's it for the day 🇺🇸
+We'll see each other again tomorrow.
+Let's give 'em hell 👋
+And we are back for another day of trading sideways in Germany.
+I hope you all had a fantastic day, let's make this one even better! 😊
+Thank you for all the support over the last weeks and months, you're all crazy!
+
+Current price "115 minutes in: 160.73 US-$"
+
+FAQ:
+
+Where do you get our numbers from?
+-
+I trade through my bank account and just refresh the page to see the current price. I then use my conversion app ( Euro to US-$ ) and post the result.
+I try to post every 5 minutes, but I am at work so I can't guarantee it 😄
+
+Why are your numbers different from the ones I'm seeing online?
+-
+My banking app shows me the best price that I can sell for right now...it compares Frankfurt, Munich, Stuttgart, Berlin, Düsseldorf, Hamburg, Xetra and "Direkthandel" (meaning "direct exchange").
+That's why my movement may differ from your sources online.
+
+I don't trust those germans, look at what they did in the 20th century...can I get another source?
+-
+Sure, you can take a look here...just remember to convert from € to $!
+https://www.ls-tc.de/de/aktie/gamestop-aktie
+
+Can you post the volume too?
+-
+I can't see the volume on my banking app but you can find it online or probably in my comments, since some friendly apes talk about it often.
+But remember how low the volume is in the US pre-Market and we're talking pre US pre-market here so I think that the volume doesen't reeeeally matter this early into the trading day.
+
+Why are you doing this every day, what's the point of posting these numbers, since the volume is nothing compared to the one in the US?
+-
+I think that it's less about the numbers, it's to show that every minute of every day, there is an ape who's holding GME.
+Look through the comments, there are people from all around the world just wishing each other a good morning, how awesome is that?
+I think that this feeling of camaraderie is critical, it's good to know that I'm not the only one liking this stock.
+I'm holding since november and I will continue to hold for my brothers and sisters. 
+We are not a union, we are all individuals who like the stock, but we're still family!
+
+Starting:                  161.40 US-$
+
+5 minutes in:          161.52 US-$
+
+10 minutes in:        161.46 US-$
+
+15 minutes in:        161.46 US-$
+
+20 minutes in:        161.40 US-$
+
+25 minutes in:        161.04 US-$
+
+30 minutes in:        161.34 US-$
+
+35 minutes in:        160.91 US-$
+
+40 minutes in:        160.43 US-$
+
+45 minutes in:        160.43 US-$
+
+50 minutes in:        160.55 US-$
+
+55 minutes in:        160.55 US-$
+
+60 minutes in:        160.55 US-$
+
+65 minutes in:        160.55 US-$
+
+70 minutes in:        160.67 US-$
+
+75 minutes in:        160.73 US-$
+
+80 minutes in:        160.67 US-$
+
+85 minutes in:        160.79 US-$
+
+90 minutes in:        160.79 US-$
+
+95 minutes in:        160.79 US-$
+
+100 minutes in:      160.85 US-$
+
+105 minutes in:      160.85 US-$
+
+110 minutes in:      160.91 US-$
+
+115 minutes in:      160.73 US-$
+
+The US pre-market is about to open so that's it for the day 🇺🇸
+We'll see each other again tomorrow.
+Let's give 'em hell 👋
+Just curious on wether someone would benefit more financially if instead of trading they focused on getting a degree. As both pathways take years which one is more rewarding?
+#UPDATED: Found a way to do this with a single task and a single batch file
+
+Alright everybody,
+
+I just discovered something pretty cool today that is going to allow me to Automate all my python scripts without:
+
+1. The Need for a server
+2. The Need to keep my computer on all the time
+3. The Need for any human interaction
+
+##I can finally record my own historical data without even needing to turn on my computer or click something
+
+So it's a little janky but I wanted to share it with everybody because I'm going to be using this for EVERYTHING and figured you may get some use out of it.
+
+So it involves a little thing called windows task scheduler. You can look it up in your search menu, but it allows you to create a task you can automate for any time of day you want. Basically, all you need is a batch file with the location of your python.exe (in quotes), the location of the python script you want to run (in quotes), the following PowerShell command, and an exit command. An example of your batch would look like this:
+```
+
+"D:\Python\python.exe" "D:\Python\FolderOfScript\MyScript.py"
+
+powershell.exe -EncodedCommand "CgAkAGMAdQByAHIAZQBuAHQAdQBzAGUAcgAgAD0AIABnAHcAbQBpACAALQBDAGwAYQBzAHMAIAB3AGkAbgAzADIAXwBjAG8AbQBwAHUAdABlAHIAcwB5AHMAdABlAG0AIAB8ACAAcwBlAGwAZQBjAHQAIAAtAEUAeABwAGEAbgBkAFAAcgBvAHAAZQByAHQAeQAgAHUAcwBlAHIAbgBhAG0AZQAKACQAcAByAG8AYwBlAHMAcwAgAD0AIABnAGUAdAAtAHAAcgBvAGMAZQBzAHMAIABsAG8AZwBvAG4AdQBpACAALQBlAGEAIABzAGkAbABlAG4AdABsAHkAYwBvAG4AdABpAG4AdQBlAAoACgBpAGYAKAAkAGMAdQByAHIAZQBuAHQAdQBzAGUAcgAgAC0AYQBuAGQAIAAkAHAAcgBvAGMAZQBzAHMAKQB7AAoAQQBkAGQALQBUAHkAcABlACAALQBBAHMAcwBlAG0AYgBsAHkATgBhAG0AZQAgAFMAeQBzAHQAZQBtAC4AVwBpAG4AZABvAHcAcwAuAEYAbwByAG0AcwA7ACAAWwBTAHkAcwB0AGUAbQAuAFcAaQBuAGQAbwB3AHMALgBGAG8AcgBtAHMALgBBAHAAcABsAGkAYwBhAHQAaQBvAG4AXQA6ADoAUwBlAHQAUwB1AHMAcABlAG4AZABTAHQAYQB0AGUAKABbAFMAeQBzAHQAZQBtAC4AVwBpAG4AZABvAHcAcwAuAEYAbwByAG0AcwAuAFAAbwB3AGUAcgBTAHQAYQB0AGUAXQA6ADoAUwB1AHMAcABlAG4AZAAsACAAJABmAGEAbABzAGUALAAgACQAZgBhAGwAcwBlACkACgB9AAoA"
+
+exit
+
+```
+
+If you do not feel comfortable running an encoded command from a stranger on the internet, please decode it and look over it, I just feel like it's significantly easier to work with an encoded command in a batch file. That Encoded command allows your batch file to detect if the computer is logged in or not. If logged on, it will just close the script after it is finished executing. If the script is running when you're logged out and the computer was woken up just to perform this one task, it will actually put your computer to sleep once finished. This is a solution based off a comment someone made. If you *do not* wish to have this happen, just delete the powershell portion of the script with all those random letters.
+
+So, once you have this, open task scheduler and click create task. Give it whatever name you want, change the "Configure For" in the bottom right to your OS (Likely Windows 10), then click on Actions. Paste this code into Actions>New>Progam/Script:
+
+```
+
+%comspec% /c start "" /min "D:\Python\FolderOfBatch\MyBatch.bat"
+
+```
+
+This is just saying you want to start command prompt, run your batch file, and minimize the command prompt when it's open so it doesn't bother you. The exit command you put as the last line of your batch will close the command prompt once finished, but you can put a "pause" command before exit if you want to see the output of the python script before it closes.
+
+Once you do this, click "Ok." It will ask you if you want to add this to the argument field, **CLICK NO**.
+
+Then click Trigger>New, and this is self-explanatory. You can have it recur daily at a given time, but I prefer to click Weekly, then select all business days and whatever time of day I want the script to execute. Click Ok.
+
+If you want this script to execute when your computer is asleep, make sure to click Conditions>Wake Computer... This will not turn on the computer from a powered-off stage, but it will allow your computer to wake up from sleep/hibernate mode to execute the task. When you couple this with the powershell command we have in the batch file, it's really nice as you can have your computer in sleep/hibernate mode, wake up the computer to run the script, and put it right back to sleep.
+
+Then click on Settings and things such as "Run task as soon as possible if missed" if you want the task to still run as soon as your computer wakes up if for some reason the script did not wake the computer up in the first place. Sometimes, task can be time sensitive and if miss the execution time because your computer was completely shut off, it's better to just not run it all until the next scheduled time, so this one is up to you.
+
+##Click OK, and congrats, you have automated your Python script!!!
+
+
+##Old Solution, Here as a reference
+Now, what if we want our computer to go to sleep after our script executes **ONLY IF** our computer was woken up by the task in the first place? Well, this is a little difficult as I do not have the coding knowledge to figure out the best way to do this, but, if you know how long your script takes to execute (you can use a python module such as ``` time ```, and then use ``` time.timeit() ```) , you can then create ANOTHER Windows Task in Windows Task Scheduler to put your computer to sleep if your computer is idle for a given time after your script executes!
+
+An example would be if  I had my script execute at 10:30 AM, and the script takes 2 minutes to execute, and I want my computer to make sure that nothing has been touched for 5 minutes before deciding to put it back to sleep (just to ensure I was not using my computer), I would schedule this sleep task for around 10:39-10:40AM, and I would make sure that my computer DOES NOT wake up to run this task (as it should already be up), I would make sure my computer DOES NOT run this task if I missed the scheduled time (as that means I was on it so I do not want it to sleep), and I would go into Conditions, turn on start task if the computer is idle, set my "wait until idle" to "do not wait", and set the "must be idle for" to "5 minutes."
+
+You would then JUST make your Actions>Progam/Script to the path of your batch file this time (none of that %comspec% stuff). Only thing is your batch file would change to this:
+
+```
+
+powershell.exe -command "Add-Type -AssemblyName System.Windows.Forms; \[System.Windows.Forms.Application\]::SetSuspendState(\[System.Windows.Forms.PowerState\]::Suspend, $false, $false)
+
+```
+
+This command puts your computer into sleep mode, and you can actually just run that batch file whenever you want your computer to go to sleep.
+
+Well, that's it. I understand this may be a little difficult to understand but for me, it's life changing. Collecting my own data is now extremely easy for data pipelines and my work task can run without me needing to do anything.
+
+Please let me know if you had trouble understanding anything, and I'll try to find a youtube video online that shows you something similar to your question (in case you are a visual learner) or explain the answer as well as possible (if you learn better from reading).
+I see a lot of posts and analyses trying to predict when the peak will happen, and I understand it. Selling near the top and then \~ 1 or 2 years later buying near the bottom of the bear market looks like a common sense strategy but unfortunately it won't work for the majority of us. From my personal experience, you'll come up with one or more of the following issues:
+
+​
+
+1. **End up with a smaller bag than the one you had at the beginning.** Trying to time the market results in constantly paying attention to the charts and usually making a lot of decisions. Some decisions will be right but this is a matter of luck and there will be a lot of other wrong decisions.  These wrong decisions usually stick in your head way more than the good ones so they will influence you into taking even more wrong decisions.
+2. **Get affected by all the FUD that comes with a bear market.** Once in a bear market all the optimism surrounding cryptocurrencies disappears. The amount of trash news diminishing what one day appeared to be a revolutionary technology is overwhelming. Any event that makes your coin have a promising surge in price gets followed by an even bigger dip until one day you just lose faith. All of this makes it very difficult for you to identify when the bottom of the bear market really happens because you are not confident any more about investing money on it.
+3. **Missing the buying opportunities and getting to the next bull market with no crypto in your bags.** After getting used to seeing the price of the coins you follow touching the floor, it comes one day that the prices begin to go up. This will have happened many times for you to think that it is just one more false rise, but it is not. It will continue to go up slowly but steadily until you start feeling that you have lost the train and that you have to wait for the next dip, which never appears to come.
+
+I do not intend to give any financial advise with this post. These are just my thoughts after entering into crypto in 2016, believing myself to be smart enough to time the market and getting played by the market every single time. I strongly believe that everyone should take profits whenever they reach their goals and taking profits right before a bear market seems extremely efficient. However, I can't avoid the truth that if I had just ignored every bull and bear markets since 2016 and just hold my coins, I would have made so much more money. Good luck everyone reading this and enjoy life!
+
+Edit: I wrote unpopular opinion on the title because due to the ammount of posts I see trying to predict when the peak and the crash will happen, I felt that the common believe on this sub was to hold and sell right before the crash. But if my point of view is really popular here then it was my mistake!
+Hi all,
+
+This is a quick update to my post a couple of weeks ago, link below:
+
+https://www.reddit.com/r/UKPersonalFinance/comments/osk42b/negotiating_current_salary_with_new_job_offer/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+So I received a firm offer and contract from the prospective employer and was offered 55k. 
+
+After conversations with my current manager about the offer it has been countered with £47k. We discussed my personal development and they have also offered to fund a qualification that Ive been looking at associated to my role in addition to defining a clear career pathway. 
+
+I think my decision has been made and im going to stay put. Ive gained a 6k salary increase and whilst a 14k jump would have been nice, its not enough to make me want to work for my previous manager again. A lot of the comments in my post took the pound signs out of my eyes and pushed me to think about this practically - so thanks!
+
+I feel like this has actually put me in a better position within my company, a comment that was made was that it shows my commitment to the business and desire to progress and push myself further.
+
+All in all I’m a very happy lady today!
+I was once in the same position you find yourself in. Now is the time to show off those diamond hands. One day, this dip will look like a mere blip when we’re reaching the ATHs we dreamed of. Don’t worry, this rocket has a long way to go - we just need to rest and refuel for a bit. Plenty of whales would like to shake you out and buy your bags at a discount, so don’t let weak hands get the best of you. Drink some water, get some rest, and welcome to the fuckin’ show. This is the roller coaster known as cryptocurrency.
+Sup apes
+
+not financial advice, I am retarded.
+
+aaaaaaaa finally a big green day. Full disclaimer I'm off an hour of sleep cause I spent the day of planes flying home. However, I guess when I fly GME flies with me. It waves to me.
+
+No GME didn't run because I was flying lol, but I've got some interesting levels to go over as well as my general thoughts leading into the rest of the week.
+
+​
+
+https://preview.redd.it/ogdu8ykznej71.png?width=885&format=png&auto=webp&s=f6cb3e0d73f8eb1bbbf5b71c2bb9268b0585387c
+
+I'm exhausted so I'll try to keep this as digestible as possible, as I know my shit is pretty confusing to those that don't trade fibs/EW.
+
+would it really be a u/possibly6 post without a hype song? no. no it would not. I gotchu: [https://open.spotify.com/track/0d28khcov6AiegSCpG5TuT?si=f9876e849e524e0e](https://open.spotify.com/track/0d28khcov6AiegSCpG5TuT?si=f9876e849e524e0e) 
+
+Before we begin, can you guess what wave today was?
+
+no, again, not wave 69, but nice guess.
+
+3 baby.
+
+From our low a few weeks ago at 145, this marked the low of a wave 2, but you know this already.
+
+For simplicity, just view my count:
+
+https://preview.redd.it/vtgep7vjoej71.png?width=2828&format=png&auto=webp&s=0edb386fc06239304715aa2f4b54941fc4b1db7d
+
+Basically, lower high and higher low each run has given us the wave setup of a lifetime, the elliott wave tsunami, a 3 of 3 of 3, face ripping, tear shedding gloriousness. 
+
+Today was the start. 
+
+let's zoom in.
+
+https://preview.redd.it/lqred8htoej71.png?width=2832&format=png&auto=webp&s=b16263ee5b3db62140f9a19fd12c3f4798f5446f
+
+our low last week (outlined in previous DD, we hit the 1.618 extension of a:c at 151, marking our wave 2 low (on a smaller scale, count in pink)
+
+thus, after 2 comes 3. how many times have you heard me say wave 3 is the best? 
+
+too many.
+
+well, today should have you convinced. 
+
+But it get's better. Refer to my total count above, and you'll see the largest degree (orange) is in a wave 3, the red within the orange is in a wave 3, and the yellow within the orange started a wave 3 when we bottomed at 145. 
+
+To keep it simple, the majjoorr levels to watch for at the moment are 288, 376, and 520. I don't necessarily expect this tomorrow, but let's break it down.
+
+the 288 target is my wave 1 target within the yellow count. 1 of 5. after hitting this level I expect a sharp decline to form the wave 2 within the  yellow count, then an insane rip from that low to complete a wave 3 within the yellow count. I'll dedicate a post to this later because we aren't quite there yet, we gotta hit our 288 level first to narrow our targets (complete the wave 1 within the yellow count, could go higher could go lower, but a sharp decline is expected after the completion)
+
+https://preview.redd.it/e3mmf81epej71.png?width=2830&format=png&auto=webp&s=3dabc8ecd2a1a50c275f7dfaaaf4d872f933f41f
+
+Let's look intraday/hourly now. Before we do that, huge shoutout to [twitter](https://twitter.com/gavinmayreal) gang, I had a blast calling out targets in real time and getting hype with everyone. If you do follow me, this will sort of be a repeat of the nonsense I was tweeting today, just explained more in depth.
+
+I encourage you to check it out nonetheless, I could care less about twitter "clout" or followers, but I was calling targets out all day and giving my insight, which was pretty much spot on today. 
+
+Also, just to be clear, it is MUCH easier to predict impulsive (up) moves than corrections (down), I've probably said this before but it does instill more confidence in my analysis.
+
+intraday view: 
+
+​
+
+https://preview.redd.it/5ii9ok9wqej71.png?width=2804&format=png&auto=webp&s=cb9ad23e94f24474115ea1e246d91687f0299c3d
+
+lots of fakeouts! this was super fun to analyze in the moment. Basically, I measured the length of the (pink) wave 1 and brought it down to the low of 2 to display the targets. Most common wave 3 ratios are **1:1**, 1.236, 1.382, **1.618** (in bold are most common, not bold less common but still happen). We rejected basically every level as I was watching the tick chart, but pushed right above shortly after. This likely shook out day traders (Fuck you if this is you). 
+
+If a wave 3 breaks above the 1.618 extension ratio, you can assume there's a loooooot more left in the move. Low and behold, we broke above and our next target came to 215 (2.618 extension) 
+
+In the 15m view above, we closed below the extension level (I noted the 3.326 extension was next level to watch at 231, didn't quite make it there which was a potential cue that the wave 3 had ended). failure to hold above the level is often a sign that downside is coming, but nothing is ever 100%.
+
+First, I'll lay out the (very very) short term bear case. after making our 226 high, we dropped but retraced UP to the .618 level. This is most common in zig zags, wherein we will correct, retrace .618 of the corrective move, than extend an equal length of the first corrective leg (a=c, b=.618a) 
+
+side note, i probably sound insane with all these ratios lol. sorry not sorry, all the best artists are at least a little mentally deranged ;)
+
+essentially, the short term bear case would look like this: 
+
+https://preview.redd.it/3uiyvpfssej71.png?width=2094&format=png&auto=webp&s=1b20d32fe8abcff1c63ccb40d9e6a170053fe923
+
+rest assured! this would just complete a wave 4, meaning we have 1 leg up before we can expect some sort of corrective action. 
+
+basically this view expects a 191 low tmr than continue to upside.
+
+I only presented bear case first because its easier to explain. Bull case would be that the "abc" visualized above is actually going to be an ABCDE (think bull flag or triangle), wherein we will break above 250 tmr or thursday.
+
+I'm gonna be honest, I have no fucking idea, but let's tie this wave analysis back to a post I wrote a few weeks ago going over the algo cycle on a super basic level. 
+
+TLDR of that post:  "If the cycle replicates itself the way it has the last 2 times, we can expect a move up of about 10-20 points in the near future, followed by 5 ish days of boring consolidation before really ramping it up. 288 is first major rejection target, but this is all pre squeeze. hodling for 40 milly a share and prison 🚀"  
+
+
+You could argue today was the equivalent to our february move up/may move up (in may to 180 area). Based solely off this, I would expect to retrace to the downside (191 area) and slowly climb up for a few days, then fucking explode 3-5 days after the low is in.
+
+again, I have no fucking idea, just speculation.
+
+I actually made a video overview a few days ago going over what I just talked about above, if [Video ](https://www.youtube.com/watch?v=A1rRM4HKv8Y) analysis is you thing, you can check it out (I think it will help tremendously with understanding my analysis)
+
+https://preview.redd.it/ti7686vexej71.png?width=2422&format=png&auto=webp&s=e92777439bb3b4437bf70c88a7cc2aec617573bd
+
+I think that about covers it, I'm jacked to infinity with today's move and couldn't be more excited for the weeks ahead. If the (short term) bear interpretation is correct, it may be your last chance for shares under 200 ;)
+
+TLDR: honestly I have no idea I'm so tired, today was a wave 3, much more room to go in this cycle. Possible it's the equivalent to the previous to cycles illustrated above. 191 is low target if we retrace tomorrow. 288 first major target, followed by 376 and 520. 40 milly a share or bust 🚀
+Follow\-up to [https://www.reddit.com/r/financialindependence/comments/8q2cqw/goals\_are\_overrated\_systems\_are\_underappreciated/](https://www.reddit.com/r/financialindependence/comments/8q2cqw/goals_are_overrated_systems_are_underappreciated/):
+
+Those who have already achieved or are well on their way to achieving FI, what are your personal "systems"?  What are the results?
+HOLY SHIT I UNDERSTAND WHY WALL STREET KEPT FIGHTING.
+
+Remember when we first learned about Cede and Co? The mind-blowing realization that we never actually held our shares. This mythical company held every share? We just got the rights to them? We should have known then and there the answer lmfaoooo
+
+Watching us scramble from broker to broker trying to find a reliable one. Telling ourselves we finally found one that won't screw us. Diversifying to different brokers. No wonder they kept fighting. Seeing retardedness on this level would convince anyone they had a chance. hahaha
+
+We learned all the ins and outs of their fckeries and sat there calculating algorithms and deadline dates. Dips on the hour. Power hour. Rollover dates. T+35 cycles. What didn't we calculate? hahahaha OMG I now realize how dumb we must have looked. I can't stop laughing.
+
+Bro just take your shares out of the DTCC. Put them in your name, check mate. That simple. Took us 9 months. We belong here lmfao.
+
+The answer was staring at us in the face since January. I now realize that apes calling themselves smooth brain wasn't just a meme, it was a fact. How did (almost) everyone miss something so obvious? To anyone asking why Computershare: We didn't pick them, GameStop did.
+
+# If we learned about investing properly in school we would have learned that this is the correct way to purchase and own shares. Broker-Dealers are only useful if you want to participate in lending schemes or do quick transactions.
+
+Then we would have learned about all the miss aligned incentives from broker dealers and pitfalls to watch for.
+
+​
+
+But look at all these threads urging caution. I'm sure some are worried apes but I'm also sure that a lot are Wall Street shills that are shitting bricks right now. Oh man I sure hope they pull their shares out of the DTCC as slowly as possible. Only 10% everyone! Give us sometime to figure out a way to stop you! Don't want to get screwed by GameStops official transfer agent. You don't wanna trust them. Trust a trillion dollar broker dealer at the center of Wall Street. lmao.
+
+​
+
+https://i.redd.it/nfhwz6cegvn71.gif
+
+Remember, none of this was financial advice. Do your own DD and make your own financial decisions. This is an independent decision everyone makes for themselves on how to best hold your own shares. Not a collective movement. Just sharing my thoughts here for entertainment purposes.
+Guten Tag to this global band of Apes! 👋🦍
+
+As I'm sure you are all aware, GameStop announced that there will be a stock dividend issued after close on July 21st to shareholders as of July 18th.
+The dividend will issue 3 shares for each 1 share held, so we can all expect to have 4x as many shares as of the 22nd.
+While this is a move that has been coming for a very long time, it is great to see it put into motion.
+The method in which it will be implemented is important.
+GameStop will be distributing 3 new shares for every 1 registered share.
+With a short interest well above the float (and a large portion of the float held at ComputerShare), there is no way for these new shares to cover the dividend owed to all GME holders.
+There will be a mad scramble around the split date, and I cannot wait to see how it plays out.
+
+Of course, this is all what we've been looking forward to for a very long time.
+While I reserve some skepticism that this will guarantee the MOASS, the examples of the past where such stock dividends led to wide-scale attempts to close short positions has me hopeful.
+The after-hours price action certainly indicates to me that this news has triggered some buys, though it is impossible to say whether that is to close shorts or because of bullish sentiment.
+Here is what I do know: I continue to love this stock, and am eager to have another 'X' representing the size of my position.
+Now let's see how the German markets react to this news!
+
+Today is Thursday, July 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: **$131.35 / 127,65 €**  *(volume: 23741)*
+- ⬜ 115 minutes in: $131.24 / 127,54 €  *(volume: 23466)*
+- 🟩 110 minutes in: $131.24 / 127,54 €  *(volume: 23390)*
+- 🟥 105 minutes in: $131.17 / 127,47 €  *(volume: 23125)*
+- 🟩 100 minutes in: $131.33 / 127,62 €  *(volume: 23014)*
+- 🟩 95 minutes in: $131.16 / 127,46 €  *(volume: 22527)*
+- 🟩 90 minutes in: $130.42 / 126,75 €  *(volume: 21754)*
+- 🟩 85 minutes in: $129.58 / 125,93 €  *(volume: 20894)*
+- 🟩 80 minutes in: $129.47 / 125,83 €  *(volume: 19885)*
+- 🟩 75 minutes in: $129.45 / 125,80 €  *(volume: 19645)*
+- 🟥 70 minutes in: $129.25 / 125,61 €  *(volume: 19282)*
+- 🟥 65 minutes in: $129.54 / 125,88 €  *(volume: 18510)*
+- 🟥 60 minutes in: $131.58 / 127,87 €  *(volume: 17964)*
+- 🟩 55 minutes in: $132.21 / 128,49 €  *(volume: 16848)*
+- 🟥 50 minutes in: $132.19 / 128,46 €  *(volume: 15958)*
+- 🟩 45 minutes in: $132.25 / 128,53 €  *(volume: 15674)*
+- 🟥 40 minutes in: $132.14 / 128,42 €  *(volume: 14941)*
+- 🟩 35 minutes in: $132.62 / 128,88 €  *(volume: 13683)*
+- 🟩 30 minutes in: $131.58 / 127,87 €  *(volume: 12148)*
+- 🟩 25 minutes in: $129.33 / 125,69 €  *(volume: 10091)*
+- 🟩 20 minutes in: $128.08 / 124,47 €  *(volume: 8997)*
+- 🟩 15 minutes in: $126.92 / 123,34 €  *(volume: 8263)*
+- 🟥 10 minutes in: $126.72 / 123,14 €  *(volume: 7845)*
+- 🟥 5 minutes in: $129.94 / 126,28 €  *(volume: 4889)*
+- 🟩 0 minutes in: $131.56 / 127,85 €  *(volume: 2389)*
+- 🟥 US close price: $117.43 / 114,12 €   *($127.90 / 124,30 € 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 1.029. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Hi everyone, hope your weekend is going well,
+
+Just a gentle reminder of the short interest in our favourite stock.
+
+This is not financial advice, and I am capable of being incorrect, so please call me out at any point so I can edit the post. A few pieces of info here are from previously verifiable DDs from our old subreddit that I can't seem to find, so I will link them as I continue to look for them. Please come to your own conclusions, and remember that we are each our own individual investor, with our only bond being our mutual liking of the stock.
+
+We originally were speculating based on Darkpool share trading data that ~440million shares have been synthetically created and are being used to trade within darkpools. [Estimates around these numbers have appeared in quite a few older DDs.](https://www.reddit.com/r/GME/comments/m7x2gq/dd_i_did_the_math_there_is_literally_no_doubt/)
+
+We used this information (based on the original count of ~50million shares available for public trading) to estimate that SI was over 900%.
+
+THEN YESTERDAY: [According to Gamestop's 14A, there is only 26.7 Million shares available for trading to the public, not including ETFs or institutions under 5% ownership.](https://preview.redd.it/1pqbq8iuzsu61.jpg?width=354&auto=webp&s=0b76796d2033adadffdcaa149f25287e66f6e3ab)
+
+Meaning that based on the pre-existing information of a 440 million share synthetic float, and the NEW information that the public float is supposed to be 26.7 million shares, the short interest is roughly double our original estimates, at ~1800%
+
+And that was based on darkpool data gathered a MONTH ago!
+
+APES HAVE BEEN BUYING THE ENTIRE TIME, AND HEDGIES HAVE NOT STOPPED MANUFACTURING SHARES.
+
+THIS NUMBER IS ABSOLUTELY HIGHER NOW.
+
+[You know how I feel.](https://media.tenor.com/images/c883d2b9b94e0af0ce8e03a57a5f2c0f/tenor.gif)
+
+
+**So lets have a talk about what this could mean for *you* and your tendies.**
+
+* Retail owns the float. There is no doubt about it at this point. Not only has GameStop confirmed it, but DD that has been done for *months now* has come to the same conclusion, and those numbers get higher every single day they don't release the brake on the share price. We are a leviathan, and institutions are trapped in our orbit.
+*  With 26.7 Million shares in the entire publically traded float, the estimates of a 1800% Short interest means that for every real share that exists on God's green Earth, *eighteen synthetic shares* had been manufactured that MUST be bought in order to close the short position. Emphasis on **must be bought.**
+
+
+
+
+
+
+Let's do some guesstimate numbers:
+
+
+Platform | Number of users
+---|---
+WSB | 9,918,741
+GME |274,134
+Superstonk | 226,190
+General public| ????
+
+I'm gonna put this bluntly - *I trust all of you.* Based on the last few months, the buying/selling action of the stock, and the overall sentiment of users within the GME-centric subs, there is a feeling of comradery and mutual trust between us all. The floor of $10,000,000 has been set in stone, and apes are NOT willing to budge. This is excellent, as it gives us all a target floor, and will almost guarantee that nobody sells below this number. I bring this up now, because this is one of two major ingredients needed to reach our goal - tendies. The second, of course, being *owning the float.*
+
+Based on the above numbers (and taking into account one person can be subscribed to multiple subs), based on the WSB numbers ALONE each person would need to own just under **THREE SHARES.** Let's be generous though, and say that half are only there to spectate on loss porn, bumping that number up to 6 shares per person. Now, I don't know what sort of magic 8ball Kenny G is basing his business decisions off of, but allowing people to ***share information over a long period of time whilst dropping the price in an unsuccessful attempt to shake paperhands*** just means that people buy more. And more. And more.
+
+I have been watching the subs since January, and I can safely speculate (please tell me if you have a differing opinion and back it up) that each ape here, at least in this sub, owns on average around 10 shares. This is the average, every-day ape. However, over time this position has grown and grown, and I am seeing people state that they have XXXX shares. Hell, there have been ENTIRE THREADS about people announcing their STAGGERING amounts of shares. Of course this is a minority, but the GROWING MIDDLE CLASS OF APES now seem to own in the high-XX's to mid-XXXs. HOW CAN YOU TELL ME THAT WE DON'T OWN THE FLOAT. This isn't even including the everyman^tm investor that isn't affiliated with Reddit, and maybe bought the stock on a tip of their son/daughter/third cousin twice removed.
+
+To tie this in with the first part, if we (as in our small part of the world here online) OWN THE FLOAT MULTIPLE TIMES OVER, and we have it drilled into our thick skulls that $10,000,000 is the FLOOR, then SUCCESS IS GUARANTEED. Who cares is Joe Everyman sells his four shares at $20K each. Who cares if Blackrock decides to sell their entire position at $8Mil. ITS A BUYING FRENZY, ALL SHORTS MUST COVER, AND WE OWN THE FLOAT.
+
+You will get your tendies.
+
+Hedgies r fuk.
+
+Edit: I'd just like to throw this on the end in a response to the question "If no one is policing them then why would they stop?"
+
+My **guess** is that initially, due to historic shorting strategies on companies and normal market movement, they thought that retail would eventually sell when the price tanks, so they doubled down on the shorts. However due to the Age of Information, retail quickly spread short-squeeze data between each other and held. Hedgies, not knowing what was happening (at this time they didn't know about WSB), doubled down again and again and again, [pushing their share-creating algorithms to 11](https://lh3.googleusercontent.com/proxy/Pewyx0yeAeZx43GFIUw2XKr2dH4lsyYOWgSb_BndAFIKQZ7z0dObiwmN3WyEoAy8SejiQN80pYauNqzdwkkDQABGx-a0iFvLe0PQ5evH1zbGzJs3PzPu2J_PnPA7ar31Uzcar9giSyABj4yM9eLFkS95IHn94I8plN_5yGD6F2r4). Only in the last maybe month or so, when liquidity dried up, can we see that hedgies have abandoned that strategy and have gone full psy-ops on us. However, by this point too many shares already exist, and we have been gobbling them up every day.
+
+It's that magical combination of giving us time to prepare, giving us an incredible pricepoint and the constant stream of good GME news that has got us this far. We have already won the lottery, now we are just determining the payout.
+I have around a 3,000 dollar account and have been doing credit/debit spreads for mainly my entire time trading. Looking to get into PMCC soon but don’t have enough capital. Anything will help.
+I can currently take up to $16.5k out of my 401k for use as a loan. It would have a 7% interest fee that I would pay myself every paycheck. Is this a bad idea? I’m a 23(m) looking to buy a house in the next couple months.
+
+Edit( I get it, I’m currently getting a 20% raise at the start of the year. I’m just going to take my contributions down and save some more. I’m 23, make $47/Hr. I have another 20+ years until I retire and invest heavily into my 401k+ Im vested into a pension with my job. I know the risks and the down sides. I was just wondering what everyone’s opinion is, in all reality there’s never going to be a perfect time to buy. Home prices drop, interest rates rise and vice versa. I wouldn’t be depleting all of my 401k and I have other funds to add on top of it. I just wanted some insight on this. Thank you everyone )
+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.
+I was told I will not have my job in September due to Covid, BUT I would be paid in full until the end of August. I contribute 5.5% to my retirement account per month with a 6.5% company match plus another 11% myself. Should I stop contribute the extra 11% for next 3 paychecks? 
+
+I also have dependent care flex deducts in my paycheck. Daycare is closed since early March and I won’t be sending my child to there for a while. I still can claim another month of service with flex. Should I stop the deduction next month? 
+
+If I stop dependent care deduction, should I allocate the money to my retirement account? 
+
+These questions are more for taxes reduction purposes more than I needed the money. Thank you for reading and helping!
+
+EDIT: Wow!!! Thank you so much for your advices! These really change my view of things. 
+
+Providing some details: I got have more than a year of emergency fund saved up and other savings. I have health insurance thru my partner’s company which is much needed for a terrifying discovery last year. I’m a bit under 40, have some stocks and a 401k that are easily pull out (do not want to touch them at all). Still live a rental in NYC but the cost is very low in my area. 
+
+I’m a penny pincher which is why I want to look into tax burden. Also, looking for a new job at this point is almost impossible for me (e.g. childcare, skills after a major health scare, Covid). 
+
+After all your awesome advices, I think I will cut dependent care deduction, allocate the money to the 401k and check if I could even up it. 
+
+Let me know if I am crazy and THANK YOU ALL again!!
+I've noticed that RBC is the largest holder of a couple of stocks that I'm holding(Enbridge and Telus). I'm also holding RBC stock itself. 
+
+My question is does RBC actually hold this stock to collect returns or is their holding just on behalf of their customers? The reason I ask is because I want to make sure I'm not holding stocks within stocks and reducing my stock diversity.
+I plan on getting some rental properties once I have a down payment. I don't wanna be one of those landlords that people hate. 
+
+What makes a good landlord?
+This may sound crazy,  but I have had success in my efforts by following a few simple rules.  Maybe these exclude me from actually being a day trader, (maybe I'm more like a week trader) but im seeing positive results every week and month. 
+
+1. I only trade in a stock that I'm okay with keeping long term. (Meaning if the stock dips then I will be okay holding for several days or weeks while it makes it climb back up, or it's a long term hold)
+
+2. I stay below the 4 trade rule in 7 days.  ( in fact I only do a maximum of 3 trades in 7 days, the goal here is to stay off the radar)
+
+3. I'm not afraid to hold a stock overnight ( the 1st rule, it's a healthy stock remember)
+
+4. I don't need to make a profit in 5 minutes,  it may take several hours or 1-2 days to get the fluctuation in price im looking for. 
+
+These are my simple rules that keep me stress free and I have seen a weekly return of about 5-6%. Nothing crazy.... but healthy small returns. 
+
+Good luck!
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+TLDR: Brokers saw that SHFs/DTCC were going to put blame on them, make them liable for fake shares, so are admitting they issued a normal split to defend themselves in court. I think the hedgie attack plan was to put blame on brokers for gambling retail money, invalidate splividend shares held by brokers, act like a shocked Pikachu, and get a seat at regulatory table for a new web3 exchange after market crash. It's almost like the GME/MOASS playbook, but in reverse, which makes sense. 
+
+Since the Splividend, there's been a lot of obvious BS. But what stands out to me this week is how brokers are all stating, in writing, that it was carried out as a regular split. On ex-dividend date, there was a lot of, "Dividend vs split is semantics," or, "That's correct, it is a stock split via dividend," from brokers. I think the explicit admission of them just splitting existing shares is because they see the writing on the wall. I also think it's why there were suddenly no compliance officers to speak with the last few weeks. 
+
+Think about it. You're Fidelity, and you obviously know by now you were supposed to receive 3 shares from DTCC for each 1 you had, but you didn't. You might have known ahead of time too. But now we're in a recession. You're starting to doubt the DTCC will have your back, or that SHFs will be solvent in the future. You've realized that whatever you say is going to be subpoenaed for lawsuits & investigations. 
+
+Now you're subject to Herod's law: Damned if you do, damned if you don't. By stating that they issued a regular split, they essentially alleged fraud and/or incompetence upstream. So it could be with DTCC, Computershare, or GameStop. But we know GameStop issued the shares, so cross them off. We know DRS shares got dividend, so cross off Computershare as well.
+
+My theory is that brokers saw they were going to get thrown under the bus. There is no way they put in writing that they didn't issue a dividend unless it's for self-benefit. They are protecting themselves from something really bad. 
+
+I think the planned scapegoat narrative was going to be, "These brokers got greedy with all the speculative retail money and Ponzi'd the dividend shares, irresponsibly issuing worthless shares. See? This is why Citadel was trying to protect retail. We knew this would happen!" Then they would try to invalidate the Splividend shares held with brokers. "Not our fault your broker lied to you. Your splividend shares are gone, go sue your broker. Oh wait, they're insolvent! Told you retail guys not to gamble."
+
+By explicitly saying they didn't receive/issue dividend shares, which is worthy of a massive fraud investigation itself, they preempt that scenario. Though I imagine Citadel et al will still try, because they need the game to end with someone else holding the hot potato.
+
+Honestly, I think Citadel and them are willing to tank all the brokerages and position themselves to control the next big web3 exchange and look like the good guys. Then they can get out, blame the collapse on someone else, and keep the game going in a different format with control over retail. 
+
+If you think about the ways that strategy would benefit them, it makes a lot of sense. And if that were their strategy, brokers would be facing an existential threat. So admitting to complicity in fraud is the better option. Why wouldn't they just say, "Yep, issued splividend as intended,"? Unless the whole thing comes crashing down, they'd get away with it. So someone at the brokerages has determined a true crash is likely enough to admit to existence of fake shares.
+ [https://www.ocregister.com/2019/11/18/southern-california-wages-rise-4-2-tops-in-us-and-biggest-raises-in-12-years/](https://www.ocregister.com/2019/11/18/southern-california-wages-rise-4-2-tops-in-us-and-biggest-raises-in-12-years/)
+Reading this sub reddit might make you feel like shit but for those who are saving for a house, you can do it without rich parents.
+
+I had 7k of debt, worked 2 jobs and saved £3.5k for a 5% deposit on a house.
+
+For those who are desperate it took me 18 months to do, i was depressed and technically homeless.
+
+Don't look at this subreddit and be disheartened, my tale isn't something I'm advocating or promoting. I am just trying to offer an alternative outlook
+Mods: does DD tag apply? If not change it.
+
+I wrote this in response to someone elsewhere who asked simply:
+
+> So they're betting against the company? Like, they have no faith in them? Investing like this makes one feel horrible.
+
+Yeah. There are three ways you can short.
+
+--- 
+
+1) You buy an option with a predetermined end date with the RIGHT to sell a stock at a certain price (depending on how much you want to pay determines the price.) If a stock is $10 and you expect it to drop to $5 in 6 months, you might buy a $9, 10 month expiry "put" (right to sell at price) option. This might cost you 50c per share. 
+
+IF you're even slightly right, ie it drops to any price lower than $8.49 before expiry you made 1c per share. You can also change your mind and sell the option (either more (profit) or less (loss) than 50c/share).
+
+IF you're properly right, and it does drop to exactly $5 you make $3.5 per share. If it rises, or drops to any number above $8.50, you lose the price of the option (50c/share). 
+
+---
+
+2) You're a big player. You call your buddies at Pension Fund X42 and say "Hey can I borrow those shares you have for x% interest and return them to you later?" A set timeframe may be set. I don't know for sure, but probably. Anyhow, Pension Fund X42 says "ok" because they aren't looking to sell them, so might as well make some interest on lending them. 
+
+So you borrow them, and immediately sell them. You pay your daily interest to the pension fund, and you wait. When the price drops, and you decide that you've made enough, you buy them back and return them. You keep the difference in prices whatever that may be, minus the interest.
+
+If you're wrong... You're still obliged to return the shares to Pension Fund X42. So at some point you have to decide to eat a loss and buy the shares back. 
+
+---
+
+3) You're a big player and you are ok with a bit of lawbreaking, you Naked Short Sell. This is great because it's cheaper! No interest payments! 
+
+Here, you simply sell shares you don't have, and buy the imaginary shares you just created back later so that the number of shares on issue doesn't get too far out of whack and you don't get investigated. Any gap between your sell price and buy price is profit or loss depending on which way it goes. 
+
+---
+
+What's happened right now is mostly a combination of 2 and 3. I'm sure there is a bit of 1, but 1 only causes predictable losses (Like the cost of playing a hand at a casino. You only lose the amount you bet if the cards don't go your way.)
+
+So the risk with 2 and 3 is that because you're **obliged** to buy back the shares at some point, if they go up, when you have to quit, you have to pay the current market price and your actions can make the price go up even more. 
+
+Now you're in a short squeeze. You are obliged to buy but the price keeps going up every time you do. It's entirely possible that others see the price going up and buy, so you're now competing to buy a limited number of shares with everyone else. So the price goes higher. Your losses are potentially infinite. 
+
+---
+
+**What's slightly different** between this particular short squeeze and all the others is:
+
+---
+
+1) The dumb fucks naked short sold AT LEAST 40% more shares than ever existed. They're obliged to buy back more shares than is possible. The only way out of that self-made trap is a complicated mess of desperately buying, returning, rebuying from the people you borrowed them from, and returning them with losses at every step. Imagine if I sold you 10 cars, but only delivered 6. You're standing there with your wtf face and I say "Hey! how much would you sell those 4 cars for?" You can name your price at this point. I pay it. Then I "finish" my "10 car delivery."
+
+---
+
+2) Retail traders are acting as one single semi-coordinated hive, loosely behaving similarly to what would in prior short squeezes, be a competitor hedge fund. They own a lot of the shares the hedge funds (HFs) NEED to buy - but they're not selling. They're actively cheering for the HFs bankruptcy while watching the price of the stock they hold skyrocket. Only other HF billionaires are allowed to do that and get away with it. 
+
+.
+
+2a) HFs can be negotiated with. If you're really, really getting bent over and fucked, and you grovel enough, you can usually cut a deal where they stop trying to fuck you. If they won't talk to you, they'll often talk to your bank/broker/some other bigger player that can convince them that your bankruptcy will also cause significant losses or bankruptcy of another party they're not trying to fuck and they might like to have as friends one day. "You quit this, and we'll owe you one." It's always good to have favours to call.
+
+.
+
+2b) The self proclaimed retards on WSB can't be negotiated with. They don't need favours. They don't care if you go bankrupt or there's collateral damage. They don't give a fuck about any of them. For the most part they only hold a few hundred shares each max - and also for the most part, they're playing with their own money that they can actually afford to lose even if it hurts for a year or two. 
+
+How do you negotiate with, or swat a million wasps stinging you? You can't.
+
+---
+
+---
+
+**Edit.**
+
+Thanks for all the awards guys! I'll soon have enough to make a Tiara and become your Яetard Prince for the day! I was actually expecting posts telling my how wrong I am. I only think I know what the fuck is going on most of the time and usually figure out later that it wasn't.
+
+I'd like to thank the academy, and my parents who never believed in me, and Scruffy, my first dog, who, like WSB, played chicken with truck, and, and, and...
+
+Also. 
+
+I figure since this is so popular, I might as well nominate my suggestion for the inevitable u/deepfuckingvalue movie. It's fairly likely to be seen as a sequel to the Wolf of Wall St, so.... "The Fox/Foxes of Main Street" ? Yeah, nah?
+
+
+Edit 2 **NOTE** 
+
+**To all the people trying to PM me for advice: I have no fucking idea what WILL happen next. I just think I cobbled together enough of what HAS happened to explain it somewhat.** 
+
+Ie: I'm more like a journalist. Would you ask a journalist for stock advice? (please don't answer yes...)
+ It's now being said that de-globalization is the new trend. Which stocks, industries, countries will benefit most from this, as investment targets?
+
+What would 'de-globalization' look like? What's driving this trend? Is this trend really about 'de-globalization', or is it just about de-coupling from China & Russia? Arguably, China & Russia have been big beneficiaries of globalization, especially China which has made itself the world's factory. If the new 'de-globalization' trend is really about de-coupling from China & Russia, then they would be expected to lose from it.
+
+We're hearing newer words beyond 'near-shoring' -- words or phrases like 'friend-shoring', etc. How can such criteria be quantified? Earnings reports and forecasts can show objective criteria like earnings, revenues, profitability, etc. But how do companies, industries, national economies demonstrate 'friendliness'? Is this a purely political and subjective term? Can it be used to influence investors? Or will the 'friend-shoring' trend be a purely regulatory effect, driven by regulations?
+
+There have been metrics and standards created for ESG (Environmental Social Governance), and so can we expect new metrics and standards to be created for 'friendliness'? Who gets to create and set these metrics and standards? Will this be done apolitically, or will it be an entirely political exercise?
+
+Will there be universal buy-in, adherence and compliance? If not, then how can we expect this trend to progress or succeed? Or will this trend just fizzle out?
+Sorry if this is a dumb question.  Maybe I've got this all wrong.
+
+[This article on Bloomberg] (http://www.bloomberg.com/news/articles/2016-09-15/the-chart-that-explains-stock-pickers-422-billion-in-outflows) says that only 9.5% of active managers in large cap beat the S&P 500.  Since the index itself is the average of all the investments, then who or what took all their money and beat the index to average back out to the index?  Was it individual stock pickers?  
+
+*Edit: I can't thank everyone enough for all their thoughtful and insightful comments, perspectives and help.  The answer I like the best here is that essentially active managers this past year made some bad "off the market" bets.  My premise was based on an assumption that active managers are exclusively buying and selling stocks, which is incorrect.  Active managers are making all sorts of bets - particularly through derivatives or by holding cash in their portfolio.  It's conjecture, but its seems to be logical to me that managers lost out this past year more than other years.  In addition, there are fees that eat away from returns - not just through active management fees, but also through unexecuted contracts like options.  
+*disclaimer/ already posted it on r/personalfinance to see the view of the fellow investors outside the EU.
+
+I wanted to ask you for your opinion on my ETF portfolio:
+
+Brief info in advance.
+
+I am from Europe.
+I invest around €900 per month in 3 distributing ETFs. In my country, accumulating ETFs are taxed identically, so it doesn't make sense to switch from the dist ones. I chose the S&P500 ETF because of the low TER, in order to be able to overweight USA shares cheaply.
+
+1) Vanguard FTSE Developed World UCITS ETF (USD) Distributing = 66%.
+
+2) iShares Core S&P 500 UCITS ETF USD (Dist) - 17%.
+
+3) iShares Core MSCI EM IMI UCITS ETF USD (Dist) - 17%
+
+The only "downside" I can see (other than simply just investing in the slightly more expensive ACWI) is the slight overweight to South Korea.
+
+What would be your suggestions for improvement or your opinion on this?
+**UPDATE:**
+
+Somehow a lot of you picked up on the tax point, although that was **NOT the point of my post**. My point was that you could use your ETH as collateral to finance a loan, and you could do this in the future entirely through crypto by using stablecoins - to get fiat without needing to sell your ETH. Always seek professional tax advice in your local jurisdiction. Peace & enjoy your weekend.
+
+**[end update]**
+
+I've been doing some research into "stable-coins" and stumbled on some interesting concepts. These concepts will open up some very interesting possibilities in the future.
+
+A stable-coin is basically a token whose value is pegged to to some fiat currency such as the USD or EUR and the rate always stays stable. Tether (USDT) is such a coin, although it's highly centralized and cannot be used in Ethereum smart contracts because it runs on bitcoin (using Omni Layer). The race is on to create a stable-coin token on Ethereum that can be used in smart-contracts. Once that happens, it may be a game-changer, here's why:
+
+Once you have a stable-coin on ETH, and you want some USD without selling your ETH, you can do this:
+
+1. Lock up your ETH in a contract and use this as collateral to borrow USD stable-coins.
+2. Sell your stable-coins to get the equivalent USD amount. Cash them out to fiat
+3. Your ETH locked as collateral will be staking and paying back your borrowed stable coins. 
+4. When your debt is paid back, the locked ETH will be released back to you and you get to keep it without selling anything.
+
+This is good for tax too: since you haven't sold your ETH, but borrowed stable-coins, you might not need to pay any capital gains tax! (Note: Not tax advice, might need to check that with a tax professional)
+
+Also, if ETH price goes up, your collateral might be worth more, so you could use that to refinance and pay back your stable-coins faster.
+
+Of course, there could be risks - say if the value of ETH goes down then you might lose some collateral, although you'll still have your fiat / stable-coins safely in your wallet / bank.
+
+
+I would estimate that there would probably be a year or so before we can reach this stage. Here are some references:
+
+[Maker DAO](https://makerdao.com) has recently had a breakthrough with a ["Sai" token](https://blog.makerdao.com/2017/06/05/introducing-sai/) - their first generation stablecoin. Looks promising, and would be an excellent experiment before going into their more complicated "Dai" token.
+
+Gnosis will be using a stable-token [WIZ](https://blog.gnosis.pm/what-are-gnosis-tokens-the-new-access-based-token-model-e59c5a490af6). This token could probably be used in other Ethereum contracts? 
+
+Digix might be useful too as it's a stablecoin pegged to gold.
+
+Some interesting information in this [Ethereum Stack Exchange post](https://ethereum.stackexchange.com/questions/2739/how-would-stablecoins-work-on-ethereum)
+
+Also, see some [previous discussion on this idea](https://np.reddit.com/r/ethtrader/comments/6cwgsp/shower_thought_with_makerdai_i_wont_need_to_cash/) where he mentions that he could use stable-coins to refinance his fiat loan without actually selling his ETH. Mind Blowing indeed.
+
+Hi fellow investors
+
+I'll be moving to US for work in few months from now. At least for a few years, if not more. Currently I have a decent corpus in India (from my 8-10 yrs of work). Let's just say, relatively speaking, It will take me 2-3 yrs of saving in US to get to the corpus I've here in India right now (not considering growth over time).
+
+I've a few bank accounts, Zerodha account (use both, KITE and COIN), PPF, NPS, etc. Once in US, I'm planning to exclusively invest in ETFs/MFs there (at least initially), while maintaining the proper asset allocation in my Indian corpus.
+
+Even though I'm not planning to move money from US -> India right now, I want to make sure I've mechanism in place to do that.
+
+What kind of setup should I have in place to achieve all the following use cases or possible situations?
+
+My use cases/possible situations:
+
+1. All my money is in stocks/mfs in zerodha and in a few bank accounts + PPF, NPS. I rotate the money that is already within India for consolidation; yearly investment in PPF, NPS; any family emergencies and need. For money I earn in US, I invest within US via brokerage funds
+2. From my earnings in US, I send some portion to India for investments, or emergencies, etc.
+3. From my current corpus in India, I bring money in US to invest here (very unlikely, but a non-zero possibility)
+4. If I decide to move back to India, I might either want to maintain my corpus (ETFs, MFs, stocks, 401k, Roth, etc.) in US itself or sell it and bring it India
+
+Is there any other use case I'm missing here? Please let me know from your experience?
+
+Right now, I'm thinking:
+
+* In India - 2-3 bank account (haven't converted to NRO/NRE yet), Zerodha + PPF and NPS account
+* In US - 2-3 bank accounts. One of them with Charles Shwab since it has global brokerage account as well in case of possible situation #4
+
+**Main question is around different kind of accounts I should have in both, India and US, so that all possible situations are covered. What kind of financial infra I should setup to facilitate each of the above-mentioned use cases and avoid lightbulb moments about it later.**
+
+**EDIT - This is a very illuminating post for Indians moving to US -**
+
+[https://www.bogleheads.org/wiki/US\_tax\_pitfalls\_for\_a\_non-US\_person\_moving\_to\_the\_US](https://www.bogleheads.org/wiki/US_tax_pitfalls_for_a_non-US_person_moving_to_the_US)
+
+[https://www.bogleheads.org/wiki/Non-US\_investor%27s\_guide\_to\_navigating\_US\_tax\_traps](https://www.bogleheads.org/wiki/Non-US_investor%27s_guide_to_navigating_US_tax_traps)
+My parents had enrolled for Atal Pension Yojana in my name at 18. Recently became somewhat financially aware at 23 and I'm thinking about unsubscribing from APY.
+
+I am paying Rs. 210 pm. At 60, I'll be getting Rs. 5k pm. So at the age of 60, my contribution would be Rs. 105,840. The corpus fund will be 8.5 lakhs. Is it worth continuing? 5k per month in 2058, what's it gonna buy me lol?
+
+Edit: I was wrong about the 5k per month pension. This is the minimum guaranteed pension. You can get more depending on the returns. Thanks u/avendr for pointing this out.
+Hi all, 
+
+I was hoping to get some ACCC~like advice.
+
+I booked an airbnb Feb2021, for a family get together Easter April2022, buuuuut its gonna to shit here in Adelaide. My family doesn't want to come to our Covid cooking city, and understandable, they are in currently safe country towns.
+
+But my booking did have a disclaimer, 50% refund only after 48hrs of booking. It's now Dec2021, well past Feb2021 when I booked.
+
+But I can't be carefree about accepting those conditions and losing $2000+, as the situation has changed, so much that my family doesn't want to come to Adelaide due to covid risk.
+
+So is there anything that can help me get my full refund back - especially knowing the Easter dates we are letting go of will get snapped back up as soon as we cancel our booking?
+(So the site will make a free $2000+ for my family wanting to avoid getting covid so much that they are willing to cancel a family event)
+
+Cheers
+
+Edit: 
+I have just read Australian Consumer Law - Travel and Accommodation. And they say "*Generally, a fair deposit should not be more than 10 per cent of the total cost of the accommodation or service booked, unless your potential loss or inconvenience justifies a higher amount. Otherwise, such a higher amount may be seen as a pre-payment. Pre-payments are refundable, minus any actual or reasonable costs you may have incurred before the booking was cancelled.*" so in that regard I guess I'm more willing to part with $400.
+
+Edit: For those playing at home, I messaged AirBnB/Host a few minutes before posting here, more as a questions and plea - and today they have fully refunded me straight away, not asking for anything in return or with disagreement/grumble. Payment to be received in a few days.
+So I have seen a lot of posts on here with people asking for advice with whether it is the right time for them to buy a house, or if they would be better off just investing in shares instead. Obviously every situation is unique and there are nuances, but I have made a spreadsheet which I hope will be able to help some people at least be able to see the financial impacts of the decision they choose to make.
+
+In the spreadsheet I have three options to compare -
+
+Option 1 - Buy a PPOR
+
+Option 2 - Rent and Invest in Shares
+
+Option 3 - Rent and buy an investment property
+
+The spreadsheet calculates the implications of each decision over a 30 year time period, which may be longer than you want to look at, but it does tell you the return at the end of each year so you can choose to just look at results after 10 years for example.
+
+I am sure there will be a few things missed but overall I think it should be a helpful guide. The main things I believe I have missed would probably be the following with regards to Investment property (property management fees, significant repairs, vacancy rates) -  I suggest to factor this into the calculations that you adjust the rent received input to a number lower than an actual to be more realistic. There are also options for yearly landlord expenses, you could also increase these to cover some additional expenses if you wish.
+
+The other factor I missed would have been allowing for a change in Interest Rate, at the moment I only have one Interest Rate input which is for the life of the loan, again this may be too simplistic, I might look at going back and allowing for interest rate increases (or decreases). It would involve a lot of assumptions predicting where interest rates are going to be in the following couple of decades, but at least you could plan for the worst case scenario. To be safe you could set the interest rate input a bit higher than current rates just to allow a safety buffer (somewhere around 4.5% would be good)
+
+If anyone else has any other suggestions feel free to let me know. 
+
+I have tried to make it as simple to follow as I could, but I understand my mind works different to a lot of other people so it may not make sense to some of you.
+
+And if anyone has any questions feel free to ask, I hope some people are able to find it useful anyway
+
+[Spreadsheet](https://drive.google.com/file/d/16O9N0RMQ3Ktpk-5o3CAvyfvEx1naZgUu/view?usp=sharing) \- This is the link to Google Drive which has the file location, it should work but if there are troubles feel free to let me know.
+So question to the group as it appears impossible to find information online due to the keywords. 
+
+Is there a way / playbook to set up an educational trust for (extended) family members?
+
+Background: Most of my extended family was and is blue collar. I personally see and have witnessed how education can be the gateway to a better life and new opportunities. However, people follow examples and tend to short change what is possible for themselves if it’s in front of their face. I’ve witnessed this with my own family members discounted what may be possible for them, even though I found them incredibly intelligent and capable. 
+
+My parents did a bit better financially/educationally and one thing that always irked me a bit was seeing how people around me growing always got a leg up and expected to enter University and land a good job. Whereas many members of my family in small towns didn’t know or have the same expectations or support. And a lot of “oh, no way we could afford that.” I’d like work on correcting that a bit. 
+
+What I want to do: I’d like to set up a trust or scholarship for extended family members. This would be available to any being able to show direct bloodline with me, including children of cousins. It would be target towards undergraduate education or technical trade school (industrial electrician, etc). 
+
+Why: A little bit of help goes a long way. Also if people know it’s there and in their family, maybe their expectations raise. Also if it’s via a trust/scholarship, it feels and I think would be less likely to be interpreted as a hand-out - family is very proud and I get scolded if I try to buy more than my share beers at the bar. 
+
+Any thoughts or directions you could point me in?
+**Eternal question: is it better to focus purely on dividends or should I aim for ones that offer both dividends and growth?**
+
+I took popular funds from three categories: High Yield, Dividend and Stock ETF’s, and put them in a virtual portfolio since august 2020.
+
+https://preview.redd.it/rl1epolba2h91.png?width=1107&format=png&auto=webp&s=1f8a9ebbc420a9693e5b6773c0e087d1241ebfc5
+
+List sorted by total return that includes the difference between the purchase price and the current one, and dividends received. IRR is the average annual return calculated by the formula XIRR.
+
+**So I believe, based on data for 2 past years, that nearly all dividend ETF’s with yield around 3-4% (SPYD, SCHD, SPHD) were the best choice.**
+
+Also you can see how price and dividend growth affects total profit - SPYD in august 2020 had around 6% yield, then corrected to it’s natural 4% yield over 5 years (by increasing in price), which was the reason for the high profit. SCHD in august 2020 had the same yield as today 3,2%, but because of its massive dividends growth took second place.
+
+And another graphical way of data representation
+
+https://preview.redd.it/noriowxga2h91.png?width=1105&format=png&auto=webp&s=8b04cf407816aa03ad5c53b437a1f0440648396b
+
+I would like to take a longer period, but JEPI was only launched in May 2020 and it’s too popular to forget about it.
+
+I understand that past performance does not guarantee future performance (and you can take any other period and get different results), but **what is your answer to that question?**
+
+​
+
+Fun fact: you need 1,6k to buy 1 share of each of these funds.
+
+https://preview.redd.it/13tlss4ka2h91.png?width=1095&format=png&auto=webp&s=e60f71de0e826daa3ae3c751fce6e86b4ef4310e
+I am a mid-twenties individual and would like to develop a clear plan for how to best save for retirement. I’m not well-versed in finances, and have researched online but I get overwhelmed and confused. I have no debt, a decent salary, and have never had a credit card (my credit is based off of student loans I’ve already paid). Is it worth it to see a financial advisor for guidance/an outline for planning for my future, or should I stick to the internet for my questions?
+Hi. I work in this industry and I've observed that the majority of articles out there on the topic of high frequency trading are misleading, misinformed, and complete nonsense. Most of them are hearsay from non-market practitioners who do not have a solid understanding of finance, trading, or how exchanges work. They mostly seem to feed the interest of the general anti-finance crowd, and don't spend a lot of time looking at the actual business. There are a few common misconceptions that I'd like to address. I would also like to point out that like most industries that have only really been around for 10 years, its still been somewhat of a bumpy ride (like what happened in the flash crash). 
+
+1. Volume increasing means that participants are simply updating their view of prices faster. Thats about it. This is just the evolution of the marketplace and can not be reversed.
+
+2.  High frequency traders compete against other marketmakers to compete on providing the tightest spread possible for securities. They are not stealing money from the average joe.
+
+3. There are too many competing algorithms in this ecosystem to materially affect prices in any way. Worried about trending? There are mean reversion algorithms. Worried about feedback loops? There are liquidity providing algorithms.
+
+4. What the boom in PhD's in this industry means is that in 5 years it will be efficient as fuck, and they will move on to another lucritive problem that pays them well.
+
+5. Marketmakers have always existed in this environment, and they fucked the average investor much harder than algorithmic traders could ever dream of.
+
+6. The value add of algorithmic traders is to source liquidity dynamically as it is needed across any securites that are algorithmically traded. You pay them for immediacy. That is how they make money.
+
+7. **Europe is on the verge of MELTING THE FUCK DOWN. THAT IS WHY THIS VOLATILITY IS PERSISTENT OVER THE PAST FEW MONTHS.** 
+
+8. The flash crash was caused by a human trader, which sent shockwaves through a relatively fragmented market, and caused participants to sell off. Luckily, the markets recovered almost immediately (whereas, if you look at the market crash of 1987, it took weeks). I'm not saying that the system is perfect, I'm just saying that the resiliency of the marketplace has been significantly improved overall. 
+
+9. ALMOST ALL OF THE BROS complaining about HFT (like Themis) have literally ZERO edge left besides that they are good at marketing. They are doing all they can to defend their antiquated market position because they see that the gravy-train is over for them. If you look at the loudest voices against electronic trading, it is the old players who were out-innovated, and no longer are competitive.
+
+This is not a scam, it is an improvement overall in market quality, and I wish there was better information out there, so that I didn't have to write these same points WEEKLY because someone on reddit gets all worked up over some nanex/zerohedge/paranoid bog. Thanks.
+
+Care to read up on the topic?
+
+[Maureen O'Hara is a leader in Market Microstructure Research at Cornell](http://www.johnson.cornell.edu/Faculty-And-Research/Profile.aspx?id=mo19)
+
+[So is Joel Hasbrouk at NYU](http://people.stern.nyu.edu/jhasbrou/EMM%20Book/EMM%20Home.htm)
+
+[So is Martin Sewell at the University College London who put together a nice PDF outlining all of the academic research (PDF).](http://finance.martinsewell.com/microstructure/microstructure.pdf)
+
+[Albert Kyle from the University of Maryland has compiled a similar presentation. 
+](http://market-microstructure.institutlouisbachelier.org/presentations/Rational%20Expectations%20and%20Market%20Microstructure,%20a%20Primer%20-%20Kyle.pdf)
+
+[Larry Harris at USC wrote the most famous book in this field "Trading and Exchanges" and also publishes many articles on the subject.](http://www-bcf.usc.edu/~lharris/)
+
+There are many more of these resources out there. Please read responsibly.
+
+Warning to about those who purport themselves to be financial experts, and their agendas.  
+  
+/u/2020sbear account is 17 days old.  
+  
+In that time he has made a huge number of comments in a bunch of different investing and financial-related subreddits, and a good number of posts. He seems to be here to push an agenda.  
+  
+/u/2020sbear is using this web page **bearmarketsprofits.com** to create some validity for his claims.  
+  
+/u/2020sbear is not above a bit of virtue signaling either.  https://old.reddit.com/user/2020sbear/comments/fwoirv/convid19_donations/  
+  
+And seems to indicate he lives "in a country that has pretty low tax on trading (especially the markets I specialise in)" https://old.reddit.com/user/2020sbear/comments/fwoirv/convid19_donations/fmwnn24/  
+  
+Though from what I'm seeing it's more likely he's just some guy near Bakersfield, CA (see below).  
+  
+Did a bit of sleuthing into **bearmarketsprofits.com**... and put my findings here:
+https://old.reddit.com/r/options/comments/fyh6vc/template_of_public_perception_during_a_market/fn38mww/  
+  
+As I wrote in another thread... I've seen similar before... Some investing messiah comes in and purports to have a crystal ball... makes some predictions... the ones that don't line up are explained and justified away, and for the ones that you guessed right you tap knowingly on your crystal ball. A following is built, people start pointing at the time /u/2020sbear guessed heads and holy shit, heads it was!...  
+  
+Caveat emptor redditors
+​
+
+​
+
+For full transparency I do not regret my position, nor do I have any negative thought towards my average.  Zen as fuck because I believe they haven't covered, I believe in the future of GME, and it's just a matter of time.    However, I would kill, and I mean kill to get in at this price.  **I wasn't wrong, I was just early....**
+
+​
+
+Congratulations on your buy in, hopefully you hold for change.   You already know that me, an individual retail investor, and others like me, have held.  So if you really want to make history with retail, DRS.   It's up to you though!   Either way,  congratulations on buying in so fucking low.   You either got lucky as fuck, or you have the patience of a wise monk that spent 75 years in the mountains by himself learning to catch flies with his tongue and be still for days.  95% of us held when our average price was $150-175 when it shot up to $350, then back down, then back to $250 last year.  Rather than thinking about selling, just know, a lot of the new DRS numbers actually went up during these runs ups.  Which means, a lot of us decided to hold, rather than think of selling as it popped $50 dollars about our average price.  We were too busy contacting CS and trying to figure out this DRS shit.
+
+​
+
+So now imagine you have done your DD and have found the SuperStonk subreddit and this post.   You are buying in under the average of most of us.   And almost all the active members here are passionate about holding, about proving the crime, about proving market makers and hedge funds have sold more shares than what exists.  This is why we are DRSing.   I am jealous of your position, your opportunity.  To not only buy in, but buy in at nearly 2x or 3x lower than most of us was able to buy in.  Don't let it pass you by young ape, although I am envious, this is bigger than me. Retail needs the new apes to see the opportunity, ignore the media fud, and know, they are buying into one of the best investment of their lifetime.
+
+​
+
+I know this sounds cringe to a lot of you, but sometimes you have to talk to these new possible buyers and let them know, it doesn't matter if you bought last year, or the last trading day\*\*, you aren't wrong.\*\*
+
+​
+
+And yes there are a lot of holders that don't give two fucks about the crime, fixing the system, or any of that bullshit.  But I do know this, those guys that care less about all that shit but held anyway?  Balls of diamonds.  The type of investors you fucking see on these no ticker, low ticker stocks, holding for 3 years before it runs up and they x100 their money.   These guys hold because they understand that holding is the key to success in this market, or they just believe in GME.  Regardless, you are now amongst a different type of investor.  Some wanting change.  Some wanting to see hedge funds crumble.  Some wanting to see people arrested.    Some waiting for a transfer of wealth.  Some holding because it's what they know.   And then you have those that thought they were playing a gamble game from the app store, bought in for the lolz, deleted the app when they saw their accounts in red and thought they lost, never sold, and haven't came back. And some just hit the buy button while eating crayons and have no idea they are even invested in GME.
+Shills are spreading FUD about a fake SNEEZE because of JPM, bur that is not their end goal, so stop with that nonsense.
+
+The real reason JPM and CORPORATE MEDIA not MSM announced a potential short squeeze is to prevent people from DRSing their shares. With GameStop's OFFICIAL quarterly announcements of the DRS share count, SHF are shitting bricks right now like never before. They know that once the float is locked 🔒 that the GAME will STOP. This is their last ditch effort to stop that which is inevitable...the true MOASS.
+
+Many people will not DRS their shares because of their announcements in fear of missing out on a SNEEZE, but as I've been saying for months, MOASS will only happen if retail ignites the rocket via DRS.
+
+NO ONE other than retail wants MOASS to happen...and with GameStop telling us as directly as legally possible to DRS, there should be NO DOUBT in your mind that DRS is the way. RC even tweeted a poop 💩 emoji which can be seen as saying JPM is full of shit, which they are.
+
+Remember that this is a ONE TIME IN EVER event. It WILL NOT HAPPEN EVER AGAIN....and every day that goes by without people DRSing their shares, is another day of fuckery you allow the SHF. 
+
+If you are a real ape, then you've already DRS'd. If you haven't, then you're not an ape and you're just aiding the SHF. Be on the right side of history.
+
+DRS YOUR SHARES 
+
+WE'RE HERE FOR THAT FUCK YOU 💰🤑
+
+$69,420,741.69 is not a meme
+She was going to throw the device away thinking it was useless without the seeds. We got the funds, re-created another seed for her. You can imagine how she feels now.
+
+My mistake was over-emphasizing how important her seeds were, without properly explaining what hardware wallets are for.
+
+We're still early guys.
+I've been trading theta gang strategies for about 2 years now.  Whenever I tell my friends that I have been having success trading options and the advantages of being an option seller, as opposed to being an option buyer,  they kind of have this "ya ya" attitude about it.  I've heard "Trading is easy when you have a lot of money" and "If I had a lot of money I would like to get into trading",  which is not true I don't believe.  Especially theta gang strategies don't require long hours of sitting in front of a screen or trying to precisely time a trade.  You can work a job and do this on the side - OR - if you do have a large account, then you could do this full time.  The most work you have to put into it is the learning process...
+
+Anyway - is there anyone that has publicized growing a small account using only option selling strategies, that I can show my friends that It can be done?
+I know that many of you will probably say S&P 500 without thinking, but the reality is that if you had to choose to use only passive investing that automatically rebalanced (at little to no costs) many of us would choose some form of diversified fund (ie 80/20 stocks/bonds).
+
+When I first started investing 10 yrs ago I chose VBIAX. I did this because Graham suggests a 50/50 for "defensive investors" (his term for someone who isn't going to be an active investor) in Chapter 4 of "The Intelligent Investor", with the allowance to go up to 75% in either category based on market conditions. I felt that if I ever chose a passive investment strategy it would probably be similar to what Graham is describing, namely making broad market allocations, using ETFs, based on macro-economic and market data. 
+
+Since then, my portfolio lagged at first, but within the last year or so has really pulled ahead. I'm starting to think that I would rather use VASGX which has an 80/20 balance, but wanted some thoughts from the group before going forward. I know that Buffett has suggested something closer to 90/10, but that's also with a much longer time and having enough cash being generated that no principal has to be used. I don't know how realistic that is for me in the future.
+In my view,Earnings before interest, taxes, depreciation, and amortization is less useful than earnings AFTER those items(unless those items are temporarily high, or transitory).
+
+On top of that, we have access to operating income and FCF.  Both far more useful than EBITDA, imo.
+
+I’d like to hear an argument for how EBITDA is super important.
+I feel like if I start investing eventually there will be a crash that will push everything I buy below the price I bought it at. You could say that that’s why buying value stocks is important because buying stocks at great prices should reduce the impact a collapse will have. But when I look at a value company like Coke, which lost 1/3 of its value last year after the March crash, and still hasn’t fully recovered from it, I just don’t feel that’s true.
+In 10-15 years, what do you think will be the next set of tech powerhouses? The next FAANG if you will. Which ones will stay? Which ones will be the new addition? What will be the new acronym?
+I am currently at the last year of my college degree and have started my adventures in capitalism this year. I had always been interested in investing and the stock market. I have spent a substantial amount of time studying, reading, listening to Buffett, Munger, Pabrai, Graham, Seth Klarman, Guy Spier, Tom Gayner and a host of other investors and associated books. I only finished reading the Nomad Investment Partnership Letters the other day. I have bought only 4 stocks to date with plans to hold them for a while, no meme stocks, I think I understand the businesses and feel that I know what their prospects may be.
+
+Now I do not spend the day looking at charts or constantly looking at the stock price, but there is a part of me, at the back of my head that is constantly anxious about the stock market and where it is going, I know this probably sounds irrational, but I am having a hard time doing any work and constantly feel this nagging worry about the money I have money in.  It is getting very difficult to focus on anything.
+
+So I really need to know if other people face this or not? and if yes is there anyway to circumvent this? Does it get better over time? Can you actually have an actively managed portfolio and have a job at which you concentrate and are good at, or is this all you have to focus on as an active investor? Does this pass or am I one of those people who are better off with an Index fund rather than active investing(considering the amount of time and effort I have put into learning investing, that would be a very sad outcome)?
+
+Any help would be much appreciated
+
+​
+
+edit- I currently own Micron, Alibaba, LAM Research and BJ's wholesale.
+[This section](https://i.imgur.com/juO8arh.png) of the Premium Tax Credit (1095-A form) section directs you to add the totals of all 1095-A forms together for lines 33A, 33B, and 33C. However, if you read the [instructions](https://i.imgur.com/hUH73kz.png) for Form 8962, it explicitly says you are NOT supposed to add the amounts together for column B. The column B totals should be the same on all your 1095-A forms, and you should only enter that amount, not add them together.
+
+When filling out my tax return on CreditKarma, my estimated refund jumped from $5000 to $10,000 after filling out the Premium Tax Credit section. I decided something must be wrong so I took the time to redo everything on TurboTax. TurboTax told me that I actually need to repay about $600 of tax credit. I figured out that the issue has something to do with Form 8962, and noticed Line 11 Column B was massively different from last year so I read the instructions. After entering the correct number, CreditKarma and TurboTax gave me similar results.
+
+**Edit: they are aware of the issue and according to /u/CreditKarma, it will be [fixed next week.](https://www.reddit.com/r/personalfinance/comments/ew5m0n/creditkarma_tax_instructions_are_incorrect_for/fg2446l)**
+So, I'm leaning about tax and I have a hypothetical question about chattel disposal and capital gains tax. For chattels, they're treated as wasting chattels if the expected life is under 50 years and an example given is animals.
+
+Now, I have a pet Tortoise and the expected lifespan is up to 100 years. Therefore, if I was to sell my Tortoise, would I potentially be liable for CGT or not (ignoring the exempt amount)?
+
+I'm not sure if the exemption would apply as a Tortoise is an animal and most animals live under 50 years so they're always exempt or of it wouldn't apply due to the long lifespan of a Tortoise. I have no plans to sell, purely curious as to the tax treatment of Tortoises and other animals with a long lifespan.
+
+Edit: [Pet Tax](https://imgur.com/a/3UuTdHw) of Tortoise in question with the bonus of my study assistant, the cat. Also, the comments are brilliant everyone 
+Edit: so I've learned that it might not be restricted to 68, as I learned from the documentation when I started my job. That would change things, perhaps. Thanks for the useful comments everyone!
+
+At 40, I got my first job in the UK. My pension contributions were about £200 a month. I looked into it and it won't start paying until in 68. I thought a) that's already pretty old, and b) I'll probably be able to figure out a passive income by then, so I opted out and put the money in a s&s isa instead. Even though I know I miss my employer contribution, I'd rather have the money in my pocket now.                   
+                
+Is that terrible reasoning?
+Basically the title says it all.
+
+My university class is playing a stock trading game(US market only) and the top winner and loser gets a gift card.
+
+Being able to distinct real life financial gain and a game, it seems to me that it would be much easier to just be the biggest loser. Now I know I could just keep buying and selling and losing via commission fees but that's too much of a process since we start with 200k.
+
+What would be the quickest and easiest way to lose all my money in the stock market?
+AMZN reported a first-quarter loss of $3.84 billion, or $7.56 a share. In the first quarter of last year, Amazon reported a profit of $8.1 billion, or $15.79 a share.
+
+AMZN said Thursday that it expects second-quarter revenue to be in the range of $116 billion to $121 billion, below the average analyst estimate of $125.5 billion reported by CNBC. AMZN also reported that it lost $7.6 billion on its investment in electric vehicle maker Rivian.
+
+In a statement about the quarterly results, Amazon CEO Andy Jassy said the company is focused on improving productivity and cost efficiency, but that will take time as Amazon continues to deal with inflation and supply chain pressures.
+
+​
+
+Amazon shares fell 12% on Friday morning after AMZN reported its first-quarter results, plunging to a two-year low.
+
+On Monday, Amazon shares fell more than 3% again, continuing to decline.
+
+[https://press.aboutamazon.com/news-releases/news-release-details/amazoncom-announces-first-quarter-results-0](https://press.aboutamazon.com/news-releases/news-release-details/amazoncom-announces-first-quarter-results-0)
+
+Did you buy Amazon stock? What do you think?
+For those unaware, a sou sou is this money pool (done heavily in west african/Jamaican cultures) where each week, one person is on top of the sou sou and the remaining members pay the amount - say, $100 - to the person on top. This goes on until every members pays and then it rotates. 
+
+I know, I know, sounds like a pyramid scheme. 
+
+My mother wants my sister(22f) & i(21f) to join hers so we can “save money”. Frankly, I’d rather just work and budget and learn real financial strategies than rely on a sou sou that would be a pain to leave and my sister feels the same skepticism I do. My mom wasn’t happy when we expressed our concerns, and since we live at home, she says that we either join the sou sou or fork up $50 a week to her which, to me, doesn’t sound fair or like saving money. 
+
+Perhaps I’m in the wrong sub, but how could I navigate this? Is the trade off fair? What would you do?
+
+
+Edit: wow, I didn’t really expect this much response I genuinely appreciate everyone who’s taken the time to share information and advice with me - really. It helps me figure out at least a sliver of what I’m doing.
+I should’ve included this information in the original post, but to clarify the sou sou would be with me, my sister and my mother at $100 a week - $300 every three weeks - which doesn’t sound as daunting. I just felt like the ultimatum, per se, that she gave seemed to add more pressure than intended. We are both under her roof. 
+
+I’m gonna continue reading the responses. Thank you so much for your time and help, really.
+I’m super confused I haven’t checked my Webull account for about a month or so. But I checked today because I wanted to DRS them to computer share. I only had 17 GameStop shares avg price of about 140$. Now the GME chart is saying it hasn’t been over 100$ in the past 5 years chart I’m super confused. Now my Webull is saying I own 68 GME shares. My purchase history shows me only purchasing 17 shares also. Can someone please explain what’s going on?
+Microsoft will buy troubled games company Activision Blizzard, maker of Call of Duty, World of Warcraft and a bunch of other popular games.  Should provide some interesting synergy with Microsoft owning Xbox.  But as Activision Blizzard has suffered serious controversy lately with allegations of serious sexual misconduct against female employees.
+
+What do you think?  Good move?  Bad move?  MSFT a long-term winner or loser?
+
+https://www.cnbc.com/2022/01/18/microsoft-to-buy-activision.html
+Plenty of people have different motivations for being interested in different products.
+
+I see the same comments on half of these posts where people legitimately claim nobody cares about the tech and are combative toward anyone that says they are, or flat out say they're lying.
+
+I'm going to paint a picture here.
+
+Right now every time you purchase a house. Get a degree. Try to receive a copy of your transcripts. Etc. The information and data for those things are stored in a centralized fashion that is neither immune to security threats, nor immune to managerial and clerical error.
+
+It's also expensive in many cases just to PROVE you have those things. Just to sell them. Register the sale.
+
+NFTS, smart contracts, and Blockchain provide a domain in which these archaic systems can be modernized in a way that is both more efficient for access of information, transparent and provable, and more secure.
+
+Imagine this... You buy a house, right now that involves getting a loan, faxing or mailing it over, if you're lucky you e-sign but still have to pass it along to multiple people, have multiple people sign, etc. Then you deposit your down payment, prove bank records, etc. As someone who recently went through this, holy fuck it's archaic.
+
+Instead, let's look how Blockchain could modernize this. A house is represented in ownership via a deed/title. Let's make that an NFT. In order to purchase the house the lender must verify your holdings, incomes, debt to earnings ratio, you give them your wallet public keys, sign a message to them and prove you own the wallets that easily. Now that you're approved, a smart contract is generated, you deposit your downpayment, your lender deposits the loan amount to the smart contract and the seller deposits the title/deed nft. Boom. Execute code. The seller receives the money in the escrow wallet of the smart contract, you receive the deed. It's done.
+
+This can also be done with college degrees. Certifications. Any non fungible (hence the name) thing.
+
+So yeah. Money is great. Don't get me wrong, I love some gains. But there are some of us here who really are in it for the tech. If you're in it for the money, that's not a problem, I'm not judgmental. But this whole telling people they're lying when they say they're in it for the tech? Stop that shit.
+edit2) I've spoken to RBS and gotten the subsequent hard checks removed. I'm now in the same situation as /u/tleank below, in that customer support can't continue my first application and I need to wait 6 months. They've said, though, that "the impact on my credit score would be less than I think". 
+
+I'm still scared to apply with another lender, as that will be another hard search and we know how that went last time.
+
+Probably best to wait. 
+
+--------------------------------------
+
+
+
+edit) Thanks for all the replies. I'm going to call them up first thing Monday and try to get this sorted with customer support.
+
+I'd still appreciate hearing about your experiences if you've gone through this before!
+
+/edit
+
+----------------------------
+
+
+Hi folks
+
+Applied online for an RBS credit card last night.
+
+I got approved, was reading through the Ts and Cs, and had to step away for a second to deal with house stuff.
+
+Came back to a timeout screen, had to start over.
+
+The second time (within 5 minutes), I noticed the credit limit was much lower than the first time.
+
+I thought I might have put some wrong info, so I closed it and tried again within 2 minutes (in hindsight, shouldn't have done this).
+
+This time I was rejected: "We're not able to offer you a credit card".
+
+Only then did I think to look at FAQs, which stated that applying for too many credit cards in a short span of time could affect my credit score. 
+
+I guess those times all counted separately as applications, even though none of the agreements were executed (didn't make it to the end).
+
+---------------------------
+
+I've gotten some emails: 
+
+>You've previously applied for a Royal Bank of Scotland credit card and we are looking at this now. We can only consider one application at a time. This means that we can't process your latest application, but we'll be in touch shortly about your previous application.
+
+But as I said, I timed out before clicking 'agree' on my first application so I'm not sure that the ball's in their court. All I can do is wait until Monday and get some clarity.
+
+Thoughts? Did I break something big (affected my score)? 
+
+Thanks in advance.
+I am in this for long term gain, unless it starts a meteoric bitcoin-esq rise again and I end up with like a million dollars eventually. Thanks in advance.
+I thought this was supposed to be a short squeeze. Instead I got cucked by you apes, who yourselves got cucked by Cohen. Cuckception. Go listen to Marvin's room. I'm holding what I have left out of pure spite. 
+
+The shorts haven't covered. Do I think it can still be squeezed? No at this rate. Why? Cuz you apes are inconsolable and don't wanna listen to reason.
+I’m wondering if it’s just servers? Seems to be centered around banks, airlines, some credit unions, including in other countries, but can’t confirm fully.
+
+https://downdetector.com
+
+Their Twitter here: https://twitter.com/downdetector?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
+
+Saw that link posted here. You can use to check reported website outages. Love you all. This is the way  🚀 see y’all on the Gangnam style video if 💩 hits the 🚁 again!
+
+EDIT: just checked at 11:16pm PST and DTCC.com is alive!!!!!!!
+Hi gang, thanks for the community here.  My question is, I sell qqq puts with 30-35 DTE, I set the strike approximately 8.5% below the underlying.  What is my delta?
+Have for a while wondered how much money one can save/ earn by giving back electricity to the grid by installing solar panels.
+
+Has anyone here installed any / done any calculations if it is a lucrative investment after taking into account installation and maintainance costs?
+# Update - Issue Resolved!
+
+*Please scroll to the bottom of the post for details.*
+
+# This is Not FUD, I'm Still a Believer
+
+Before I really get into this, I want to make it clear **I still strongly support GameStop and their upcoming NFT Marketplace**.  I even am still very excited about Immutable X and Gods Unchained, and I plan to keep playing and acquiring cards and $GODS.
+
+However, based on my recent experience with Gods Unchained on the Immutable X Marketplace, I do have a few major concerns.  I very much hope the GameStop NFT Marketplace does not suffer from this particular insidious bug that plagues the Immutable X Marketplace.
+
+# Synthetics, Spoofing, and Broken Price Discovery
+
+It's very disturbing how similar this feels as I dig into it to synthetic shares and having no way to know which are real.  In this case it's a marketplace full of card for sale listings with a lot of them that you can't actually buy, as the listing is "broken".
+
+Much like the stock market we are then left with a fundamentally **broken system for price discovery**, as there are countless "broken" listings that appear to show a typically much lower price than is accurate with respect towards what people are truly willing to sell for.  So, you have no good way to evaluate what price to set if you want to sell a card, since you're going up against a ton of effectively **"spoofed" orders**.
+
+# Very Basic Background
+
+I'll try to ease into this simply yet quickly as many apes may not yet be all that knowledgeable about Gods Unchained or the Immutable X Marketplace.
+
+Gods Unchained is the flagship NFT game from Immutable X and a key player on their Marketplace.  It's basically a Collectible Trading Card Game (CTCG) quite similar to *Magic: The Gathering* or *Hearthstone*.
+
+You can be rewarded for winning by receiving packs of cards.  Most of those packs contain only "plain" quality cards, which may not be traded (are not backed by an NFT).  You can spend an in game currency (flux) along with some $GODS (a valuable crypto currency) to "fuse" a pair of identical "plain" cards into one card of "meteorite" quality, which on the back end is accomplished by way of minting an NFT for that particular card instance.
+
+So, cards of "meteorite" or better quality may be traded on various NFT marketplaces, primarily the Immutable X Marketplace.
+
+# The Example
+
+So, let's say you decide you'd really like to add a "Guild Enforcer" card to your collection.  You've already got everything all set up and even bought another card on the Immutable X Marketplace just a few minutes ago.  So, you know your wallet is connected properly and everything is good to go.
+
+So, you hop on [https://market.immutable.com/](https://market.immutable.com/) and search for "Guild Enforcer".  You want to pay with $GODS, and you want to buy the cheapest instance, so you select those options accordingly.  Here's a link to exactly such a query: [https://market.immutable.com/assets?collection=0xacb3c6a43d15b907e8433077b6d38ae40936fe2c&currencyFilter\[buy\_token\_address\]=0xccc8cb5229b0ac8069c51fd58367fd1e622afd97&sort\[order\_by\]=buy\_quantity&sort\[direction\]=asc&keywordSearch=guild%20enforcer](https://market.immutable.com/assets?collection=0xacb3c6a43d15b907e8433077b6d38ae40936fe2c&currencyFilter[buy_token_address]=0xccc8cb5229b0ac8069c51fd58367fd1e622afd97&sort[order_by]=buy_quantity&sort[direction]=asc&keywordSearch=guild%20enforcer)
+
+You'll see something like the following for the results to that query:
+
+https://preview.redd.it/yhec4gvb7yj81.png?width=714&format=png&auto=webp&s=3cd635f035119e8c6670df02363f88463f901c83
+
+So, you of course click on the first card, with the lowest price, of 0.39687 $GODS.  That takes you to a page like this:
+
+https://preview.redd.it/4dflccid7yj81.png?width=831&format=png&auto=webp&s=ce08af01003ab7c56076eb24186c9c32e3801784
+
+The card shows as "Available" and the price looks good, so you click "Buy now".  That takes you to a confirmation page like this:
+
+https://preview.redd.it/71eab4lf7yj81.png?width=480&format=png&auto=webp&s=dfef0c91120a65a344143d26f4247a1139e189bf
+
+You click "Confirm", which brings up your MetaMask extension prompt to sign for your purchase, which looks like this:
+
+https://preview.redd.it/zwtv658h7yj81.png?width=209&format=png&auto=webp&s=a3800b593477959c9edc748e8cae9f4eb320c916
+
+You click "Sign" and prepare to take ownership of your new "Guild Enforcer"!
+
+However, you are met with the following:
+
+https://preview.redd.it/ytok61ni7yj81.png?width=470&format=png&auto=webp&s=688bc1255dec744691f2c8030b2b6b5d26955f31
+
+# The Aftermath
+
+You spend the next many hours/days/months trying to figure out why you can't buy this card.  You run across countless stories of others having the same problem.  Most such threads end with someone reporting that this is just "glitched" or "bugged" that there are these "ghost" cards for sale.  Many of these "ghost" card listings have reportedly been around for months, and some cards only even have "ghost" listings with no real version for sale at all.  Everyone seems to have resorted to just keep trying to purchase each listing, working their way upwards in price until one finally goes through as a successful purchase.
+
+I find this a horribly unsatisfactory solution.  The worst part about it is actually from the seller side.  There's no effective way to accurately discover the true price as the order book is full of bogus low ball offers, which appear exactly like real offers.  It may truly be just a bug and not malicious in nature, but the end result is basically the same as from spoofing.
+
+# The API Rabbit Hole
+
+Here's where I really took a deep dive down the rabbit hole.  I discovered that many people received advice from official support representatives that you can check for these "ghost" sell orders by way of using their API.  Here's an actual quote from my own support email thread:
+
+>We recommend you try purchasing other copies of the  item to avoid this error. You can check yourself if it is ghost listing  items via this API:  
+>  
+>[https://api.x.immutable.com/v1/orders?sell\_token\_address=SELL\_TOKEN\_ADDRESS\_HERE&sell\_token\_id=SELL\_TOKEN\_ID\_HERE](https://api.x.immutable.com/v1/orders?sell_token_address=SELL_TOKEN_ADDRESS_HERE&sell_token_id=SELL_TOKEN_ID_HERE)  
+>  
+>For example, with this card [https://market.immutable.com/assets/0xacb3c6a43d15b907e8433077b6d38ae40936fe2c/138007446](https://market.immutable.com/assets/0xacb3c6a43d15b907e8433077b6d38ae40936fe2c/138007446) 0xacb3c6a43d15b907e8433077b6d38ae40936fe2c is the SELL\_TOKEN\_ADDRESS and 138007446 is the SELL\_TOKEN\_ID  
+>  
+>If  the status of the card is "active", it is still available in  Marketplace for trade. In contrast, if the status is "filled", it cannot  be bought now.
+
+So, following that advice, I took that token address and token ID and filled in the template for the API URL, which resulted in [https://api.x.immutable.com/v1/orders?sell\_token\_address=**0xacb3c6a43d15b907e8433077b6d38ae40936fe2c**&sell\_token\_id=**138007446**](https://api.x.immutable.com/v1/orders?sell_token_address=0xacb3c6a43d15b907e8433077b6d38ae40936fe2c&sell_token_id=138007446)
+
+Following that (at the time of writing) results in this:
+
+https://preview.redd.it/3wku3ewk7yj81.png?width=823&format=png&auto=webp&s=467132e4442aed91e5e2a1b952719afaac343637
+
+I saw quickly that it said "filled" near the top and thought I'd confirmed this "ghost" sell order, as I didn't yet understand hardly any of this gibberish.  However, after a much deeper dive into this API and a lot of experimentation and research, I discovered this was not at all the case.
+
+It turns out that the API URL template they suggest is really just returning *all* the "orders" for that "type" of card.  In other words, it's returning all instances of some order to sell a "Guild Enforcer", for a variety of prices and currencies.  As I trawled through the data, I discovered the order I initially tried to buy was actually in that list and **still listed as "active"**.
+
+Here's the data for that specific order within the results of the API URL they suggested:
+
+https://preview.redd.it/j38ht76m7yj81.png?width=792&format=png&auto=webp&s=4d8f48e83396294c679d9f1b6430e62f99fb45b3
+
+So, I've now determined that the API URL template they suggest doesn't really help, as the results are actually just the same as their website UI shows.  The website UI shows all the "active" orders, but all the cheapest orders will fail with an error if you try to actually purchase them.
+
+I think I've hit a dead end with my support thread I've had going with Immutable X, as it appears their dev team is aware of this issue and working on a fix.  There's not much that we can do until they sort that out, other than blindly stab away at trying to purchase each card, working up from the cheapest to the more expensive, hoping to eventually land on a real order that you can successfully purchase.
+
+# TL;DR
+
+**The Immutable X Marketplace displays lots of "ghost" cards for sale, which you can't actually purchase.  This is super annoying and has a key effect of making price discovery impossible.  Hopefully GameStop will do better and not allow this bad data to bubble through to their new marketplace.**
+
+# 
+
+# Update - Issue Resolved!
+
+This post caught the attention of [u/robbieimmutable](https://www.reddit.com/u/robbieimmutable/), the CEO of Immutable X, and he quickly responded to let us know they were investigating and working on fixing this.  Just a few hours later, they've identified the issue and fixed roughly 400 assets.
+
+I can confirm that every "broken" card I'd come across is now properly marked as "Not for Sale" and backed by a "cancelled" status via the API.
+
+Here's a screenshot of their related status updates, from [https://status.immutable.com/](https://status.immutable.com/):
+
+https://preview.redd.it/t49fxtf2s4k81.png?width=1048&format=png&auto=webp&s=27f57050d2bb5f5a77142dbd40a875d294384cd9
+
+That is a top notch response and should be a big improvement for many customers.  I'm currently enjoying being able to browse a freshly cleaned up marketplace and finally be able to make good price assessments.  This also means it's now easy to figure out which cards are worthwhile to mint.
+
+Here's a big thank you to Robbie and the Immutable X dev team for cranking out a hot fix!
+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/2sQBNuM)
+
+​
+
+Claims that I have gone mad and attempted a Robot Uprising are incorrect.
+Hi All, I work in digital marketing and have a pretty good understanding of human psychology in financial matters having now done this for over 15 years (god, that makes me feel old.).
+
+I wanted to put a piece together to explain the dangers of confirmation bias based on how it's used on r/superstonk etc. but, the more I thought about it, and read through some of the comments (ok, loads of the comments) I became convinced that there are a lot of apes that appear to be experiencing a different type.
+
+Does this sound familiar?
+
+>*I  have read all of the DD, put in all the money I have spare and I believe in the MOASS, but things like this don't happen to me (or people like me).*
+
+That's confirmation bias too, it's just the dark side.
+
+Many (I'd venture to say, most) apes on this board don't come from money. They have no idea what it would feel like to suddenly walk in to ANY shop in their home town and be able to afford ANYTHING without asking the price. That's what we're all about to be up against.
+
+That feeling of "things like this don't happen to me" or "that's not how life works out" is completely natural and has been beaten in to most of us for our entire lives.
+
+>Go to school, get a good job, sign-up to the retirement pension, you'll be able to relax when you're 70.
+
+That's how we've been trained to think.
+
+Here's why it's wrong.
+
+* Every week, in all of the countries that my wonderful ape brethren come from, someone wins the lottery because they purchased the correct ticket.
+* Every week, someone bets on a 1000/1 racehorse who comes in first, upsetting the bookies.
+* Every day, someone invests in a stock that jumps 100% (10,000% in this case (min)).
+
+These things do happen, and they happen to people like YOU. Believe me, I know how hard that can be to ~~hear~~ read, but it's true. You've chosen to be here, some of you have put it all on the line for this because you have read and (somewhat) understand what the Ape Gods of Rensole, Warde, Attobit and others have said. You put yourself in the path of the MOASS, the tendies and the Lambos and, because of that:
+
+* you DESERVE to be here.
+* you DESERVE the tendies that will follow
+* you DESERVE the Lambo (or any other Italian luxury supercar)
+* you DESERVE to have a great life
+
+So (TLDR, I suppose), just because things like these don't ordinarily happen to people like you, or have ever happened to anyone you know, doesn't mean that you don't deserve it. Stand-up straight, put your shoulders back, walk forward with confidence. I love you all.
+
+Peace.  
+
+
+Edit. Spelling, urgh.
+Edit: ok so I came back hoping to find the link, but found my most upvoted post to be about incesting... so I have been having a good laugh, but does anyone remember the link? Good thing I dont post on r/wallstreetbets
+
+Edit 2: Ok so I managed to find the figure I was looking for. It was over at r/ausfinance. For anyone interested, here is the link: 
+
+https://www.reddit.com/r/AusFinance/comments/4ma9uo/the_current_issues_in_the_world_economy_explained/
+
+Anyone care to explain in the forces in more detail?
+
+For the others here wanting a good laugh, let this be a reminder of how "investing" can go wrong...
+
+I'm fairly new in the crypto world, bought most of my portfolio at the ATH of November and I'm now stuck with an ever shrinking crypto account. I'm also new to investment in general, so when I learned about bull and bear markets last year, I thought I understood what they meant. Bull is when people are hopeful and numbers go up. Bear is when people are fearful and numbers go down. But people here keep saying we are not in a bear market. When the market goes down everyday for months, what is it then?
+Hello there, I am a high school in Canada, and we have recently gotten an investing assignment in school. The goal is to make as much money as we possibly can in five weeks in the Canadian market in an investing simulator. We are given 100 000 dollars to invest, and we need to invest in at least four different stocks, with no stock making up over fifty percent of our portfolio. I know nothing about the stock market and don't even know where to start. Can anyone point me in a direction of where to begin? Any advice on how to make the most money possible in a short period of time?
+
+Thank you in advance.
+Hey everyone, I need help not blowing a once in a lifetime opportunity. 
+
+Through an unexpected event I will be receiving approximately 250-350k sometime this year. I recognize I'm incredibly fortunate to have this opportunity.  I also recognize that If I play my cards right, I could set myself up for a prosperous life (monetarily speaking).
+
+DEMOGRAPHIC:
+- 22y/o M
+- Current salary of 60-70k/yr
+- Currently living with my family, no debt, no rent, no  dependants
+- currently working on my TFSA investment portfolio (contributing an additional 1k/month and DCA down)
+- Moderate risk tolerance 
+- Can commit to indefinite investing time frame 
+ Living in BC 
+
+MY GOAL:
+As I dont need this money now and have a good income, I plan to use this $ to: invest all (or most) of the money wisely, attain assets, set myself up for a prosperous future.
+
+MY PLAN: 
+I've known these funds would be coming my way for a while. Over the last few months I've dedicated several hours a week to learning about finances in the quest to become more financially literate. 
+
+I believe I have a good foundational knowledge of money now, and am excited to continue learning.
+
+My QUESTIONS:
+
+There are several investment strategies I've researched and am curious about, and would like to hear YOUR thoughts about how you would invest this money if you were in my position. 
+
+- Buying vs renting a home
+(I've heard interesting points from people on both sides(("house is a liability not an asset)) 
+
+
+- diversified and annualy re balanced ETF portfolio vs  having a financial advisor handle stock portfolio 
+
+
+What would you do in my position? I'd love to hear your thoughts.
+
+*sub title was just to get more interaction*
+https://ca.reuters.com/article/businessNews/idCAKBN27D1R1
+
+(Reuters) - Mastercard Inc (MA.N) reported a 28% slump in quarterly profit on Wednesday as fewer people used its cards to shop, travel and pay bills during the COVID-19 pandemic, hitting transaction volumes for the payment processor.
+
+Mastercard reported a 36% drop in cross-border volume on a local currency basis in the quarter. Gross dollar volume, the dollar value of transactions processed, rose 1% to $1.6 trillion. 
+
+Net income fell to $1.5 billion, or $1.51 per share, in the third quarter ended Sept. 30 from $2.1 billion, or $2.07 per share, a year earlier.
+
+Stock price have been under pressure from the last few days. It dropped from the sep high $367 to $295. But MA and V are still 2 payment stocks that can benefit from a long term perspective. The price around $300 is a good entry point.
+Their data does not include direct downloads from Disney+, but only takes into account Android and iOS downloads. They estimate just under a million downloads a day, and also estimate that many subscribers aren't just subbing for a free subscription, vis a vis Verizon unlimited. Per their research, new subscribers are opting to pay for the service independently, and notes the fact that services are bundled with Hulu and ESPN+
+
+I will be watching closely, I'm very curious how many people are downloading from Disney directly, and I'm also very interested to know how many are subscribing internationally. 
+
+https://www.thestreet.com/lifestyle/disney-pulling-in-about-a-million-new-subscribers-a-day-report-15181877
+
+My Price target 170-180
+I have been in a semi-retired position for the last couple of years. I consult and do trading on the side, making roughly $200k/year. I have about $5M net worth, including my house (no mortgage).  I’m 54 years old.
+
+I bought a second house two years ago to use as a rental, and I paid cash for it. Now that I know what I want to do to it, I’d like to put a mortgage on it. However, my income is pretty low, and I don’t even get W-2s now (I’m all 1099). 
+
+I was shot down recently by a credit union that didn’t even ask about assets, just income. But I’m curious, how do you all qualify for credit once you’ve FIREd?
+Hi, first time poster here.  I’m 52 from the UK married and have four children under 10 years old.  We have a NW of $15m at present (approx. $10m in investments and $5m in rental properties).  NW should increase approximately $1.5m (after taxes) per year through my income (not including and capital growth on my investments) until I retire.  I don’t enjoy my job anymore but could continue to do it for a few years if necessary - I don't own the business so when I stop working my income will stop.
+
+We would like to FAT FIRE in Phuket Thailand (my wife is Asian (but not Thai) and her family are nearby (but not in Thailand) so we want to stay in Asia and both really love Thailand and believe that we could have a great quality of life there).  I appreciate that everyone has a slightly different description of FAT FIRE so I will describe briefly some of what it means to us:
+
+* Having a very large home (approx. 10,000sq ft) with beautiful furnishings and top of the line appliances
+* Having 2 luxury cars (such as Range Rover or Porsche Panamera for example)
+* Having at least 2 nice holidays per year in 5\* resorts travelling business class (probably 1 long-haul and 1 in Asia)
+* Children all having top private school education
+* Comprehensive health insurance from a top provider (such as CIGNA – we don’t need to be treated in the US but coverage for the rest of the world would be good)
+* Designer clothes
+* Using our home in a relaxed manner – whilst not being wasteful not worrying about whether someone has turned the A?C off in a room every time they leave it
+* Having at least two full-time staff to help with running the house, cooking and help with the children
+* Being able to eat out regularly at both high-end and mid-range restaurants as and when we want and attend other entertainment as the opportunity presents itself (such as attending a concert in Bangkok)
+* Personal trainers for me and my wife both at least 3x per week
+* Regular massages
+* Fastest available internet, comprehensive international TV, comprehensive cell-phone plan
+
+We have not lived in Thailand before but are very familiar with it and have lived in other developing countries in Asia so appreciate some of the challenges that brings.
+
+Unfortunately, when searching for the cost of living in Thailand it is mostly geared towards a budget, relatively modest or middle-middle class standards rather than a fat fire version.
+
+Due to my nationality and Thailand’s territorial tax system, I believe that, provided I time my remittances correctly, I can retire in Thailand without being liable to pay any income tax on my investments anywhere (except for the rental properties we own).
+
+In an ideal world, I would like to ensure that my NW at retirement does not decrease in real terms by the time I die.  I have created a guesstimate of expenses (using things as Numbeo but then significantly inflating the numbers and where available to me such as school fees have arrived at a pot of $1.5m based on school fees at a top school in Phuket currently being around $60k for 4 children).  But much of this is guesswork.
+
+I used the Mustache Calculator to try to calculate the NW I would need to generate my guesstimated expenses plus $50k buffer and added to that what I would expect start-up costs to be (including house purchase, cars, furnishings and private school fund).  
+
+The budget does have a large amount of discretionary spend for items such as holidays, clothes and gifts which could be scaled back if required.
+
+**I have set out the guesstimated budget and total retirement pot needed and would welcome Redditors comments on whether it is realistic, whether I have missed any key items and also if people think the total retirement pot would be tight, what amount would be comfortable to meet my objectives (I’m thinking around $20m).**
+
+**Also, if anyone has any particular views on Fat Fire in Thailand I would also be interested (the summary budget below assumes that we will buy a house but initially we would rent - I am aware of the restrictions on non-Thais owning land).**  
+
+**FAT FIRE PHUKET BUDGET PLANNING**			       
+
+| **Household** 	 ||
+|:-|:-|
+|GROCERIES	|12,000|
+|Cable TV + FASTEST INTERNET	|1,500|
+|CELL PHONE (Fastest unlimited internet plus international calls) |1,500|
+|Gas|2,000|
+|ELECTRICITY|5,000|
+|WATER|1,000|
+|HOUSE COMMUNITY SERVICE FEES|10,000|
+|HOUSE INSURANCE|1,000|
+|MAINTENANCE/REPAIRS|2,500|
+|PETS|1,000|
+|2X FULLTIME STAFF (HOUSEKEEPER/NANNY)|20,000|
+|**SUB-TOTAL**|**57,500**|
+|||
+|**MISCELLANEOUS**||
+|TOP FAMILY HEALTH INSURANCE |20,000|
+|HOLIDAYS|40,000|
+|CLOTHES|40,000|
+|DINING OUT|10,000|
+|HAIR/BEAUTY CARE|5,500|
+|MASSAGES|1,500|
+|GYM|1,500|
+|PERSONAL TRAINER (2P X 3X PW)|5,000|
+|CONCERTS|1,500|
+|SPORTS EVENTS|1,500|
+|GIFTS (CHRISTMAS, BIRTHDAY, ANNIVERSARY)|45,000|
+|CAR MAINTENANCE|1,500|
+|CAR INSURANCE|1,500|
+|PETROL|4,000|
+|**SUB-TOTAL**|178,500|
+|||
+|**TOTAL ANNUAL SPENDING**|**236,000**|
+|||
+|Plus $50k buffer on annual spending = |286,000|
+|Amount required to generate $286k per year indefinitely (in today's money)(assumes 2.75%SWR, 6% interest and 2.75% inflation) - Using Mustachian calculator|10,400,000|
+|||
+|**Set Up Costs in Phuket**||
+|**House (assumes $3m purchase price + $200k fees)**|3,200,000|
+|**Cars and furniture**|500,000|
+|Lump Sum to pay for private School Education|1,500,000|
+|**TOTAL SET UP COSTS**|**5,200,000**|
+|||
+|**TOTAL REQUIRED RETIREMENT POT**|**15,600,000**|
+Wife and I moved to Idaho 3 years ago. Early 30s. Combined household income around ~475k with ~1.6M NW. 
+
+When we moved here, no kids. Now, 1 kid with more in the near future. Both our families live in Southern California (coastal). 
+
+We’re getting the itch to be closer to family, but the increased cost of moving back is painful. Our current mortgage is $2600/mo on a beautiful 3,000 sq. ft. home. A comparable home in CA (coastal) would likely be $2M, leaving us with a ~$10k/mo mortgage. 
+
+Taking into account the mortgage costs, additional taxes, I’m penciling an additional ~$10k/mo to maintain a comparable lifestyle. 
+
+We do miss the beach. And being able to see family at a whim. But $10k/mo invested over ~5 years is roughly $1M….
+
+Anyways. We can afford it. I’m just wondering if this will cripple our goals to fatFIRE by our late 40s? On the flip side, I guess you can’t put a cost on being close to family.
+
+——————
+EDIT / UPDATE (posted in thread also)
+——————
+
+I appreciate all the comments from everyone. I should add a few additional pieces of information and background:
+
+-My wife and I have remote jobs. I work in enterprise SaaS sales, and she is a consultant.
+-We both grew up in Southern California. Her on the coast, and me in the Coachella Valley. We have deep roots in the region.
+-we live very active lifestyles. After living in Idaho, and having spent my time skiing, cross-country, hiking, biking, and fishing, I haven’t found anything that scratches the itch quite like being in the ocean.
+-prior to moving to Idaho, I spent all of my downtime surfing. Since I was a kid. I knew I had to give that up moving out here, and I thought I could find something to replace it. But I haven’t been able to do that, and I’m seeing surfing more and more as a lifelong hobby.
+-all of our parents are retired, we like them all, and they would love to babysit or take care of the little ones anytime. Some thing we have also struggled with living away from family, is the ability to take a weekend trip somewhere fun, or a spontaneous day activity without the baby. We also have a dog, which also makes things more complicated when we leave the home for a few days. Our family members have dogs and would happily keep our dog if we left town for a trip.
+-what I didn’t include in our net worth calculation wise significant equity in two start ups that we worked for. Both of the start ups are now around the series E phase, and I expect both to go public within the next five years. I’m not counting on any of this, but I do think there is a high likelihood for a three to $4 million payout.
+
+Having said all of this, and reading through these comments, it gave me a lot to think about. However, my current thinking is that we sell our place in Idaho as soon as possible. We will pull roughly $650,000 out of this home after all of the fees, and can use this towards a down payment on something nice in California. Even putting this money on a $2 million home in California will increase our mortgage by only 4500 per month after everything is said and done.
+
+My mom has a small second house in the Coachella Valley, which never gets used, and has graciously offered us to live there for as long as we want until we find our final destination. So, with the cash in the bank after we sell our Idaho home, we will be able to live there and evaluate the market. This will allow us to get very particular with what we’re looking for, while saving a bit more money each month towards the new purchase.
+
+After sleeping on all of this last night, I think this is the right move. There will be an additional cost in our future, but living in Idaho, I don’t like questioning myself regarding how many more times I will be able to have dinner with my dad until he is dead. Our parents are older, and flying them out here weekly is fun to talk about, but nobody wants to do that, and it is an inhibitor to anyone visiting.
+
+Our families are well off, live in pristine locations, and the grandparents aren’t most interested in leaving their homes weekly to fly to Idaho. Trust me, I’ve run the math that many of you have proposed to fly them out here, but they are FAT and retired. When you are that age, I don’t think you’ll want to be boarding a small flight weekly to visit a cold destination either.
+
+Long-term, if we can get a stroke of luck with an IPO from one of the places we have worked, I think things will level off. In addition, while I’m not counting on it, our families will leave us a chunk of change when that time comes. So, until then, we might as well make the most of it and spend our time with them.
+**The current shock originated in the consumer sector, which accounts for 70% of GDP** 
+
+There is a widespread view on Wall Street that the stock market hit  its lowest level of the bear market last month, and that a combination  of an ebbing of the coronavirus in late spring and unprecedented fiscal  and monetary stimulus will set the stage for a sharp rebound in  corporate profits later this year.
+
+On Monday, the Dow Jones Industrial Average [DJIA, 7.730%](https://www.marketwatch.com/investing/index/DJIA?mod=MW_story_quote), the S&P 500 index  [SPX, 7.033%](https://www.marketwatch.com/investing/index/SPX?mod=MW_story_quote) and the Nasdaq Composite Index [COMP, 7.326%](https://www.marketwatch.com/investing/index/COMP?mod=MW_story_quote) [were each rallying](https://www.marketwatch.com/story/dow-futures-rise-as-trump-administration-signals-that-coronavirus-outbreak-may-be-stabilizing-2020-04-05?mod=article_inline) more than 4% on these hopes.
+
+However, Mislav Matejka, head  of global equity strategy at J.P. Morgana warned investors in a Monday  research note that there is a significant chance the global economy  experiences **“a vicious spiral, which is typical of recessions, between  weak final demand, weaker labor markets, falling profits, weak credits  markets and low oil prices.”** 
+
+What’s particularly troubling to Matejka is that the current  recession has been triggered by a shock to the consumer — which makes up  70% of GDP in Western economies — as workers around the globe are  prevented from earning a living by the closures of nonessential  business. This dynamic has led J.P. Morgan economists to predict “only a  gradual bottoming out in activity, such as seen after the Great  Financial Crisis, and not a V-shaped one that we see, for example, after  natural disasters.” A so-called V-shaped economic recession is  typically defined as one characterized by a sharp, but brief, slowdown  in business activity that is followed by a powerful rebound.
+
+The bank’s house view is that the unemployment rate will remain  elevated at 8.5% during the second of the year, while the  peak-to-trough decline in real U.S. GDP will be 10%, versus the 4%  decline during the financial crisis. “And this is all assuming that the  virus is history by June, which might prove significantly optimistic,”  Matejka wrote.
+
+Therefore, he advised clients to ignore technical signals  indicating stocks are oversold, or to be reassured by the massive fiscal  and monetary support provided by global governments. To do so would be  “missing the **elephant in the room, that is the first consumer and labor  market downcycle in 11 years.”**
+
+“While consensus view still appears to be a quick recovery,  recessions tend to linger,” Matejka added. **“It took equities on average 18 months to record the final low in the past.”** 
+
+More...
+
+[https://www.marketwatch.com/story/investors-should-prepare-for-a-coronavirus-induced-vicious-spiral-more-than-twice-as-bad-as-the-financial-crisis-says-jp-morgan-2020-04-06](https://www.marketwatch.com/story/investors-should-prepare-for-a-coronavirus-induced-vicious-spiral-more-than-twice-as-bad-as-the-financial-crisis-says-jp-morgan-2020-04-06)
+https://www.cnbc.com/2020/12/03/palantir-bulls-should-take-latest-sell-off-as-a-gift-trader-says.html
+
+"It's a growthy tech company that has a lot of momentum behind it and that pushed the stock higher," he said. "If you like the stock, well, then this sell-off today is a gift. If you don't like the stock, you want to wait for a bigger sell-off."
+
+"It's a leader in the data analysis space as well as AI," she said. "And yes, they have government contracts and they've had those contracts for a while, but they're completely ignoring the fact that this company is expanding into the private space and there are so many applications for this software that they haven't even done yet."
+
+Investors should buy this pltr dip. The stock will be going back to $30. Investors should ignore this short term volatility and hold for long term.
+Haven't been churning so much lately; but found out I can make mortgage payments via credit card for a small fee (NOT %).  Seems like a huge opportunity to get some points and free up cash flow for another month.
+
+Am I missing something here? Is this an obvious move?
+Edit: flair changed to speculation
+
+Posting this on behalf on u/TeflonJacket, who does not meet the karma requirements for posting. All credit to u/TeflonJacket for the below information.
+
+​
+
+I see a lot of posts stating that "no other company reports the volume of directly registered shares".
+
+This is not true.  I'm a smooth brained ape, but I can mash a keyboard and within a few minutes found other companies that have reported this information going back several years.
+
+​
+
+The first one I found was Nokia.
+
+​
+
+2020 Filing:
+
+\*Shareholders
+
+As of December 31, 2020, shareholders registered in Finland represented approximately 24% and shareholders registered in the name of a nominee represented approximately 76% of the total number of shares of Nokia Corporation. The number of directly registered shareholders was 246 886 as of December 31, 2020. Each account operator (14) is included in this figure as only one registered shareholder.\*
+
+​
+
+[link](https://www.nokia.com/system/files/2021-03/Nokia_Form_20F_2020.pdf)
+
+​
+
+2019 Filing
+
+\*Shareholders
+
+As of December 31, 2019, shareholders registered in Finland represented approximately 22% and shareholders registered in the name of a nominee represented approximately 78% of the total number of shares of Nokia Corporation. The number of directly registered shareholders was 248 526 as of December 31, 2019. Each account operator (12) is included in this figure as only one registered shareholder.\*
+
+​
+
+[link](https://www.nokia.com/system/files/2020-03/Nokia%20Form%2020F%202019_0.pdf)
+
+​
+
+2018 Filing
+
+\*Shareholders
+
+As of December 31, 2018, shareholders registered in Finland represented approximately 21% and shareholders registered in the name of a nominee represented approximately 79% of the total number of shares of Nokia Corporation. The number of directly registered shareholders was 243 409 as of December 31, 2018. Each account operator (13) is included in this figure as only one registered shareholder.\*
+
+This goes back as far as 2014.  Prior to that, it isnt mentioned.
+
+​
+
+The second I found was the Adecco Group with the filing going back to 2009:
+
+​
+
+\*Significant shareholders
+
+As of December 31, 2008, the total number of shareholders directly registered with Adecco S.A. was 19,626. The major shareholders and their shareholdings were disclosed to the Company as listed in the table below.\*
+
+​
+
+[link](https://www.adeccogroupna.com/wp-content/themes/ado-groupna/downloads/AnnualReport2008.pdf)
+
+​
+
+The third was ABB group from all the way back to their 2002 filing:
+
+​
+
+\*Shareholder structure
+
+As of December 31, 2001, the total number of shareholders directly registered with ABB Ltd was around 148,000. In addition, another 98,000 shareholders hold shares indirectly through nominees. In total, ABB has approximately 246,000 shareholders.\*
+
+​
+
+[link](https://library.e.abb.com/public/6fc717b12ff65d2cc1256cb40053f274/ABB%20Group%20Annual%20Report,%202001_English.pdf)
+
+​
+
+Maybe there is a reason why some companies choose to report it and others don't, I don't know.
+
+My interest piqued when I saw Nokia, but I didnt recognise the other two companies.
+
+This information may mean more to other apes, so I'm posting it.  The more information we share, the stronger we are.
+
+​
+
+TL:DR;
+
+The fact that Gamestop reported the number of directly registered shares is not unique, but it does appear to be rare.
+
+This may warrent further investigation to determine if a pattern exists.
+^(January 25, 2021)
+
+* **Citadel, Point72 back Melvin with $2.75 Billion**
+
+*This is a good starting point yes?  No matter what they paid the media to say, I do not believe Citadel redeemed all of this money back over the next year and a half.  In bankruptcy there are legalities between picking and choosing which debts to pay back.  "Let me pay my boy Ken back and let all my creditors and investors just hold our bags."*
+
+​
+
+>Your parents, siblings, other relatives, and close friends (Kenneth C. Griffin) are “insiders” in bankruptcy law. 11 U.S.C. § 101(31).   In other words, the court knows that you’re likely to choose to repay them over other creditors. So, they’ll look very carefully at any payments you make to friends and family before filing. Payments to insiders are called preference payments and they’re prohibited by bankruptcy law.
+
+​
+
+*So rather than file bankruptcy, Gabe Plotkin decided to pay back his close friends in full, while all his other clients take the losses when Melvin liquidates for a loss and shuts the door.   So was the $2.75 billion a 6 month bail out, loan, investment, or just a facade to kick the can?   This needs to be investigated. Because Melvin lost much more in Q1 of 2022 yet was still able to pay back Kenneth C. Griffin in full while he was losing and afterwards?  This will be investigated for sure, but that's off topic.*
+
+​
+
+​
+
+^(February 18, 2021)
+
+* **Kenneth C. Griffin Lies Under Oath**
+
+[https://www.youtube.com/watch?v=vJrgPNyFrLw&t=4s](https://www.youtube.com/watch?v=vJrgPNyFrLw&t=4s)
+
+​
+
+​
+
+^(March 8, 2021)
+
+* **Citadel issued $600 million in convertible bonds to raise money.**
+
+https://preview.redd.it/sbb7onfpwrm91.jpg?width=1277&format=pjpg&auto=webp&s=2d53288fc7873dfea0e7dc8ec85e85edef178601
+
+*How does this graph look?  Does this look promising to you guys?  It's not really raising money when your bonds are down and you owe 3.375% for 18 months (x3) today, and ongoing every 6 months for the next 5 years.   And this is why appearance is everything.  Would anyone buy Citadel bonds in the future  when everyone is losing money on Citadel, except Kenneth C. Griffin.  Much like his pal Gabe Plotkin, the investors lose, while Kenneth pays himself over billion a year, buys a copy of the constitution and new homes for millions.    Not unless investors are allergic to money.*
+
+​
+
+>Bond prices decline when interest rates rise, when the issuer experiences a negative credit event, or as market liquidity dries up.
+
+​
+
+*Ouch.   Notice the first Coupon Payment Date?  September 9, 2022.  What's today again?*
+
+​
+
+>What is Coupon Date? The coupon date is **the date on which the bond issuer must make a interest payment to the bondholder**. For most bonds, the coupon date is every 6 months from the date of issue.
+
+​
+
+*...and a month later?*
+
+# ↓
+
+​
+
+^(April 30, 2021)
+
+* **Citadel Luxembourg was dissolved**
+
+https://preview.redd.it/hbc4rf3c3vm91.jpg?width=792&format=pjpg&auto=webp&s=3453ad4922e3d306ed41ea69d85301038bb1a949
+
+*This makes me wonder if they voluntarily liquidate or dissolve (much like Melvin, without filing bankruptcy), do they pay the people they want to pay back and liquidate for a loss (leaving the clients connected to this branch to take losses), while moving the money and assets back to the flagship branch?   So clients are losing money connected to this branch, but the flagship Citadel is able to add these "transferred" assets to their balance sheet and continue to look like they are in the green?   I wish someone would look into this tactic.  Can they move all their positive investments to their flagship while leaving these branches with all their bad investments?   Quietly dissolved, save reputation, pump their flagship balance sheet, swindle new investors padded balance sheets?*
+
+*Full legal documents here.*  [https://gd.lu/resa/2mng1G](https://gd.lu/resa/2mng1G)
+
+​
+
+​
+
+​
+
+^(August 21, 2021)
+
+* **Citadel allegedly redeemed $500 million dollars back from Melvin**
+
+They weren't calling on Melvin to give back $500 million because they were in good shape, Citadel was obviously trying to raise funds with their convertible bonds (which weren't needed according to their earnings), and in trouble.  How do we know Citadel wasn't in good shape?   December 7th, 2021   ↓
+
+​
+
+# 
+
+^(September 28, 2021)
+
+* Kenneth C. Griffin rants on Twitter through his Citadel account about conspiracy theorists and congratulates Robinhood for their great success story.
+
+https://preview.redd.it/irgl76lmusm91.jpg?width=1281&format=pjpg&auto=webp&s=470a4f0f2ac9bf8f9490e0d8d7505fc78053a3be
+
+*Again, how do we know Citadel wasn't in good shape?*
+
+​
+
+# ↓
+
+^(December 7, 2021)
+
+* **Citadel's Withdrawal Restrictions  (December 7, 2021)**
+
+The $43 billion Citadel fund has now updated its liquidity terms for all investors, limiting quarterly without-fee withdrawals to just [6.25 percent](https://www.bloomberg.com/news/articles/2021-12-06/millennium-citadel-winning-the-war-to-keep-client-cash-longer) from the previous 10 percent. This means that it would now take a client 16 quarters or four years to fully withdraw funds invested with Citadel. Under the previous regime, it would have taken 2.5 years to do so.
+
+​
+
+*Why this isn't talked about anymore is beyond me.  Citadel is in trouble and this* ***voluntary*** *action which forced their own clients to* ***involuntarily*** *stay invested longer because they were obviously losing their investors at an alarming rate.  This is all anyone needed to know.  By the way, this was during a strong bull market when the SPY was going crazy and there would be NO REASON to limit without-fee withdrawals unless you had underlying issues that you couldn't discuss publicly (because if institutions knew the truth, Citadel would crumble instantly).*
+
+​
+
+​
+
+^(January, 2022)
+
+* **Citadel allegedly redeemed another 500 million from their Melvin investment**
+
+*My 2 cents:  Gabe Plotkin knew his situation was dire and Kenneth C. Griffin had to control the narrative by making sure to stay on top of the news, for his investors sake.  When they gave (if they gave) Melvin the $2.75 billion they had NO idea this would end up with 71.3 million shares DRS.  Say what?  They were just going to control the run up, turn off the buy buttons, FUD retail, bankrupt GME regardless, and Melvin eventually wins on it's short bet and Citadel gets paid back with interest; all hedge funds are happy.  Citadel had no idea the movement that started.  But do you really believe Citadel redeemed the entire backing it just gave Melvin less than a year ago (as Melvin kept losing money)?  Not likely.  Much like the media wasn't truthful when reporting all the shorts had been closed, it's all to save face.  Once retail started to DRS Melvin had no chance.  Melvin was on the brink of bankruptcy and Gabe Plotkin had to report this to his clients.   Melvin and Citadel worked out a plan to make sure the media reported Citadel magically got their $2 billion back.  But how?  Melvin Capital kept losing billions well after the January 2021 run up.  This is all to protect Ken and Citadel's image and keep his clients & investors on board.   This is the guy that had a cease and desist letter sent to an airplane pilot.  Think about it.  Image is everything.  This is why you have to sort through the bullshit paid lies about their huge June/july gains, and ask yourself why are they closing down LLPs, borrowing money, and down so much in their bonds?*
+
+​
+
+​
+
+^(January 11, 2022)
+
+* **Citadel** [announced a $1.15 billion investment](https://www.marketwatch.com/story/citadel-securities-draws-first-private-investment-round-with-backing-from-sequoia-and-paradigm-2022-01-11?mod=article_inline)  **from venture-capital giant Sequoia and cryptocurrency investment outfit Paradigm.**
+
+*This whole situation was extremely weird because when they announced this investment, most articles already included the "reddit" counter arguments.  Rather than just announcing the investment, they noted that redditers were cheering this on as a sign that Citadel was in trouble.   So they make these announcements and have counter arguments to things no one has said yet.  However, they know the truth so they try to control the narrative and stay out in front of SuperStonk.   The fact is, this wasn't some sort of savvy business deal (much like the convertible bonds, Sequoia and Paradigm have only lost with this investment).  This was Citadel clearly trying to save their company and they swindled two more investors that probably now can't withdrawal their investments without huge fees attached to them. Yet they could withdrawal their $2 Billion they gave to Melvin less than a year later?   Hmmmm.*
+
+​
+
+​
+
+^(February 24, 2022)
+
+* **It is released by the "media" that Citadel has redeemed most of it's $2 billion dollar investment with another $500 million being redeemed by March 2022.**
+
+*Melvin Capital announces May 18, 2022 that it is shutting down due to losses.   Remember my two cents?*
+
+​
+
+​
+
+^(March 15, 2022)
+
+* **Citadel Faces Potential Default on Russian Tech Company**
+
+Citadel is facing potential default on convertible bonds from Russia’s Yandex NV.  Yandex NV is an internet and technology company that provides an internet search engine in Russia and other international markets.  Tigran Khudaverdyan has  stepped down from his roles as Executive Director and Deputy CEO at Yandex.  Citadel could default on convertible bonds worth billions.
+
+*Ouch.*
+
+​
+
+​
+
+^(August 18, 2022)
+
+* **Citadel Securities borrowed $600million on Thursday**
+
+Citadel Securities borrowed $600 million on Thursday to bolster its balance sheet and trading business, capitalizing on strong demand from lenders after volatile markets helped one of the biggest US equity trading houses make a banner start to 2022.  The company told lenders, which include credit funds, that it planned to use the $600 million in part for additional trading capital. Citadel has sought to expand into markets outside the US and build its business with institutional traders in fixed income.
+
+*Again, this is all voluntary.   Now ask yourself why a company would borrow $600 million less than a month before that first coupon payment date?   Anyone else raising their eyebrows here?  Citadel went from loaning money, raising money through bonds, to borrowing.  I'm just a smooth brainer but this isn't rocket science here.  Follow the money.*
+
+*So what better way to bolster your balance sheet and trading business by borrowing $600 million while voluntarily liquidating your LLP that had net assets of over $800 million with profits of nearly $1 billion for the year 2020.    Makes sense huh?*
+
+​
+
+​
+
+# ↓
+
+^(September 9, 2022)
+
+* **We find out that on August 1, 2022, Citadel Europe LLP is being voluntarily liquidated**
+
+The LLP was formed in 2008 and as of the latest audited financial statements filed for the year ended December 31, 2020, the LLP had net assets of **over $800 million**. The profit for 2020 from this entity was just under **$1 billion**.
+
+The principal activity of the LLP is to "provide investment management services to Citadel Advisors LLC, a related company in the US which manages the Citadel Funds." As of September 2021, the members stated they are "satisfied with the development of the business to date and expect the current activities to continue into the future". Less than a year later, they file for voluntary liquidation. [**/u/greysweatseveryday**](https://www.reddit.com/user/greysweatseveryday/)
+
+*Most of us understand that whether it be voluntarily or involuntarily, it had to be done.  The alternative is what?  It is done involuntarily and it's official, they are being liquidated?  If you close down Citadel Europe which was created as an expansion, obviously things aren't going as planned.  If Citadel was making so much money with their main office, let's open another!?   So what happens when the first office starts to sink?  You take the funds from the other, and close it down.   Pretty simple right?*
+
+​
+
+>AGAIN:   *This makes me wonder if they voluntarily liquidate or dissolve (much like Melvin, without filing bankruptcy), do they pay the clients (or themselves) they want to pay back and liquidate for a loss (leaving the clients connected to this branch to take losses), while moving the money, positive investments, and assets back to the flagship branch?   So clients are losing money connected to this branch, but the flagship Citadel is able to add these "transferred" assets to their balance sheet and continue to look like they are in the green?   I wish someone would look into this tactic.  Can they move all their positive investments to their flagship while leaving these branches with all their bad investments?   Quietly dissolved, save reputation, pump their flagship balance sheet, swindle new investors padded balance sheets?*
+
+*And today we find out they created a new branch to replace the old with no assets.  So it's a rinse and repeat effect.  They can continue to use their Citadel branch to finagle investors, make them take a loss, and voluntarily liquidate themselves?   This seems much bigger than just shorting GME.*
+
+​
+
+^(September 9, 2022)
+
+* **So the $600 million in convertible bonds were issued at $99 dollars and they are now worth $91.   This is at a 3.375% with September 9, 2022 being the first coupon date.**
+
+*Let's get back to these bonds and what it all means.*
+
+​
+
+>What is Coupon Date? The coupon date is **the date on which the bond issuer must make a interest payment to the bondholder**. For most bonds, the coupon date is every 6 months from the date of issue.
+
+https://preview.redd.it/3iosnys3wrm91.jpg?width=1277&format=pjpg&auto=webp&s=376f38bc579336123df8056d66ba31ed308a1fb2
+
+*Tick tock.*
+Uber is currently said to be valued at $67 billion on a total investment of $11.5 billion. (https://en.wikipedia.org/wiki/Uber_(company)#Financing)
+
+But one thing that often seem overlooked to me is the role that Uber drivers play in financing Uber's operations, from day to day cash activities like purchasing gas, to the drivers arranging the credit needed to buy Uber's fleet.
+
+In February 2016, an Uber engineer said there about 1.5 million cars on the road. (https://www.quora.com/How-many-Uber-drivers-are-there-in-the-world/answer/J%C3%A9r%C3%B4me-Cukier)
+
+Uber cars have a max age of 10 years old but most are much newer. Assuming an average value of $7000 for an Uber vehicle, $7,000 * 1.5 million cars is $11 Billion, showing that the value of Uber's fleet is about the same as the value of their own investments.
+
+If Uber had to provide the cars as airlines, or car rental agencies do for example, what effect would obtaining $11 B in credit to purchase that fleet that have on Uber's valuation and financials?
+
+Hey all!
+
+Considering buying my first house. Currently have about 6k saved, looking to buy somewhere in the 150-225k range, as I live in a medium-low cost of living are in the midwest. I'm concerned about rising interest rates in the near future and how much home prices in general have risen, so I am considering withdrawing from my 401k to make up the difference in what I would need for down payment/closing costs/other costs associated with buying. 
+
+Current income is 100k pretax. Just under 25k in the 401k.
+
+Other debt is my vehicle payment at about 480/month and student loans which will be around another 500/mo once payments resume soon.  Credit cards are paid off in full monthly, but I do have some black marks on my credit report from when I had a rough patch in 2016/17.
+
+Edit - just changed employers a couple months ago, and still haven't rolled over my old 401k to my new employer's plan.
+Hi, I started a Roth IRA in January this year. I put in $6000 for 2020 and $1000 for this year. I'm going to contribute the other $5,000 soon. I am wondering why nothing has changed? Here is a screenshot of my account: [https://i.imgur.com/m5mtN0q.png](https://i.imgur.com/m5mtN0q.png) (I'm not sure where the $0.55 is from).
+
+I also have a Traditional 401k through my employer, Merrill and Lynch. I can clearly see the amount I've contributed, as well as the losses/gains from the market. 
+
+What am I doing wrong with Vanguard?
+Every day we see posts from people who are aggressively saving to retire ASAP.  I understand the mindset, since I was like that in my 20s, although there was no FIRE community back then.  I just disliked work and wanted to stop doing it.
+
+I successfully REed at age 44, but that is still over 20 years of working. After my first 4-5 years of working I realized counting the days/months/years was too depressing.  I settled in for the long haul and worked to make it as enjoyable as possible ignoring my goal, but still living below my means.
+
+I tried to find companies that were good to work for and divisions with good bosses.  If I got a bad boss, I transferred or quit.  Suffering every day to grind out your FI goal is something you will regret.  If you are smart and capable, which is almost a requirement to be interested in this sub, then you can find a better job than the one you hate.
+
+These days we get on this sub and read about people succeeding and ahead of us.  It makes us upset and even more determined and makes daily net worth checks and ever more spending cuts, which can suck the joy out of living.  
+
+Outside of a very lucky few, most of us will still have to work 20-25 years (instead of 40-50). Being miserable for that much of your life is not good.  Try to find a way to enjoy it.
+
+TLDR: plan for FIRE in the background, but focus on making your career as enjoyable as possible.
+Tenants paid at beginning of the corona. 
+
+May it’s a few days late. 
+June a month late. 
+By September it’s a couple hundred bucks here and there  
+Rental assistance by December - 3 months. Still 6 months behind. 
+I have continually mentioned cash for keys. Upward of $1,000. 
+“I can’t apply again” last 5 months. 
+New cars. Household of 5. Milking the system. Blatantly posting it on social media. 
+
+I file for eviction in April. 
+They call me one night and say. “We’ll be out in 2 weeks. You don’t need to move eviction further”
+The day before they ask for 3 more days. 
+End of those 4 days. 
+I call “oh. Something came up. 1 more day”
+
+So, I go over.  Door unlocked.  A lot of big stuff gone - furniture, table, 2 beds. A lot of stuff still there - 2 beds, TV. 
+Trash everywhere. Literally. Like just random stuff. Like a school trash can ripped open with papers. Receipts. Fast food. Junk mail. Random boxes. 
+
+I call and say. Tomorrow. 5pm.
+
+So, should I proceed with eviction just so no one else has to deal with this or let dead dogs lie and move on with life?
+Does anyone have a somewhat standardized due diligence checklist they go through when looking at potential investment properties?
+
+I'm still extremely new to this, but some things I like to know are how old are big ticket items (ie. roof, hot water tanks, electric, etc.), what are units renting for, why is the seller selling, and so on? I know some of this stuff is extremely basic, but really looking for more nuanced responses so I can improve my process of better identifying properties worth investing in.
+I am 34F living in England with 2 children under 10. Have had a bit of a breakdown today at how overwhelmed I am becoming by money and the cost of living. I know tonight I have to sit down and seriously reevaluate (also scared about the cost going up again in the next few months). This letter today just flawed me as I didn’t even know it’s something they could do. 
+
+I try and make nutritious meals and semi healthy pre made snacks but I feel this is where I need to look to change most on spending. Enjoyed a takeaway on a Friday but this too is becoming very expensive and less plausible. 
+
+And smoking shamefully, the more stressed I’ve gotten the more I’ve convinced myself smoking more is ok. 
+
+Any help on where your money goes and budgeting tips? I will update later on this evening with a breakdown of incomings/outgoings.
+Maybee I have just been lurking here too long, but everting is all kind of starting to look the same. Tesla + uranium + weed stocks + crypto. Over and over and over again.
+
+The point of me plugging into a community is to come across new ideas I had not considered before. So lets have em. What is the niche ideas that only you do?
+Hi all! I’m 36 and am finally creeping up to a $1M net worth. It’s an exciting milestone I’ve been waiting to achieve but it’s been a slow and steady simmer as of late and my goal of having $2M by 40 is probably at risk. Before I dig into my question here’s how my situation breaks out:
+
+~$350k in stocks
+~$280k in 401k
+~$270k in HE ($40k mortgage left)
+~$20k in cash on hand
+~$160k annual salary
+~$1.8k monthly expenses
+
+I’m trying to accelerate my growth. To this point I’ve primarily used equity and have had some good returns with tech stocks like Apple, Amazon, and Facebook but I’ve missed opportunities for the home run stocks that really push me over the edge. What else is out there? Should I look into real estate? Are there better investment opportunities? Or does slow and steady really win the race?
+I'm starting to get into RE investing (SFHs for now) and the advice I always see is "gather your team". Good agent, GC's, lenders, PMs, a lawyer, etc. 
+
+ 
+
+What does it mean to "have a lawyer"?  I've never had any kind of interaction with a lawyer so I don't know what working with a lawyer looks like. 
+
+ 
+
+Are they on retainer? Just a friendly relationship? How do you go about finding a good lawyer for RE Investing?
+I think one thing I am really good at is projecting thoughts as my future self. While on this journey to FI, sometimes the $5 here and there, I think to myself, add up.   I found myself sitting on my front porch tonight, looking at old photos of my almost 2 year old daughter on a carousel thinking "If i was 50 years old, I know I would give $1M just to have one more opportunity to spend $5 on a carousel ride with my baby".  
+
+Just one of those finding value in making memories from a dad who is already missing what he currently has. 
+​
+
+https://preview.redd.it/k8a3j53wqid71.png?width=1600&format=png&auto=webp&s=c9e10daf0f8958091c798010494a8324726ba448
+
+Good Morning Apes,
+
+​
+
+I hope you have had a pleasant weekend and avoided the mild forum sliding, anti-forum sliding forum sliding posts and the normal weekend shenanigans.
+
+https://preview.redd.it/hvuvl1axqid71.png?width=680&format=png&auto=webp&s=745518a61fa001cf307f02cac45c1d05bb3824dc
+
+​
+
+# I will not continue the Daily Stonk next week
+
+​
+
+The news will be under this section and you can skip to the second part :)
+
+​
+
+As you might know, originally I had only planned on covering the Daily Stonk for the weekend last week after rensole quit but after seeing the mods needing to reorganize and for someone to cover the news I continued as I had the time because I was and am on vacation (at home) for 2 weeks with the idea that I was likely going to stop after going back to work (now next Monday) and looking at it realistically I will indeed not be able to continue covering the Daily Stonk as I work long and hard hours (10-hour factory workdays with ramped up production, so I would miss a whole section of news as a lot of it gets replaced every 10-12 hours).
+
+​
+
+**That said I will continue until the weekend!** (but not cover the weekend), now this raises some questions about the Daily Stonk.
+
+**Should we continue it?**
+
+Is there a want for it to continue? (I'd say yes as there are some 3k who regularly upvote (and leave a lot of encouragement) and knowing only about 1/10th upvote on the bigger subreddits IIRC that means there should be some 10-30k or more reading it)
+
+If so who and how will it continue?
+
+Should it be mods who does it, normal users or both? (I'd say both)
+
+Should it be a one-man job or a group effort? (I and others would recommend a group effort as it can take a lot of time and effort to make the daily stonk, I'd say about 2-3 hours for a slow/normal day and something like 7-8 hours for a big day like last Friday, at least for a lurker like me)
+
+And if a group effort how would the work be spilt up, should it be collaborative per post or 1 person cover 1 day?
+
+I also believe The daily stonk should be posted on the same account to avoid confusion and avoid people having to follow multiple accounts and ideally posted by a mod.
+
+​
+
+I want you guys and the mods to think about this over the week and If it will continue, to organize it before the weekend as I will not take part in it and go back to mostly lurking.
+
+And Thank You for your patience and understanding for the past and next week as it's been quite experimental and a spur-of-the-moment. Edit I will also not change the format as I do not feel the need nor time to do so as I will only do a few more Daily stonk that said if there will be someone taking over after me they are welcomed to change it as they feel is fitting.
+
+​
+
+# [🔴Daily Reverse Repo Update 07/23: $877.251B🔴](https://www.reddit.com/r/Superstonk/comments/oq6yu9/daily_reverse_repo_update_0723_877251b/)- [u/pctracer](https://www.reddit.com/user/pctracer/)
+
+[credit to u\/pctracer](https://preview.redd.it/iahcvr53rid71.png?width=700&format=png&auto=webp&s=6d43a59ac6fa2102dc61ec316df754184bff4704)
+
+​
+
+# Mod updates and overview
+
+[Onwards and Upwards](https://www.reddit.com/r/Superstonk/comments/or4ej1/onwards_and_upwards/) \- [u/jsmar18](https://www.reddit.com/user/jsmar18/)
+
+Quite a few things, First the mod list will be rearranged so expect the mods to be removed and re-added to the list, The mods are looking into adding more mods as they are understaffed, The Automod ban on the term Infinity Pool has been revoked, They are working on trying to get crossposting back, at least on a limited bases, The awards contest have not been forgotten and it's still on they just need some time to sort it out, They are developing internal policies to avoid more mod drama And they want to "reiterate that attempting to circumvent Automod is a major violation of the rules."
+
+​
+
+# [The MOAFF | The Mother of All F\*cking Filings | NSCC-2021-803 / 010 | 369 Pages Long, Master Post](https://www.reddit.com/r/Superstonk/comments/or2r9y/the_moaff_the_mother_of_all_fcking_filings/) - [u/Horror\_Veterinar](https://www.reddit.com/user/Horror_Veterinar/)
+
+Horror\_Veterinar have and will take a big look at the newest NSCC filings and keep updating this post as he goes through it and he has split it up into different sections, first for how many edits, third for explanations for new definitions and the main post under that, I will also keep this post at the bottom for now for ease of finding when new edits are introduced.
+
+​
+
+# [Infinite Money Glitch Explained - My thoughts on how Criand's latest comments blow the scam wide open](https://www.reddit.com/r/Superstonk/comments/opzvst/infinite_money_glitch_explained_my_thoughts_on/) - [u/polypolipauli](https://www.reddit.com/user/polypolipauli/)
+
+polypolipauli goes on to explain how the FTD can-kicking works, based on [Criand's post](https://www.reddit.com/r/Superstonk/comments/opuziu/visual_of_the_sft_trades_to_prevent_shorts_andor/) in simplified emoji form.
+
+​
+
+# [NSCC-2021-010 Part 2, Are They Getting Rid of FTDs for Good?](https://www.reddit.com/r/Superstonk/comments/or8dry/nscc2021010_part_2_are_they_getting_rid_of_ftds/) - [u/npham54](https://www.reddit.com/user/npham54/)
+
+npham54 interprets part of the NSCC-2021-010 that in the new proposed system members might not "have the ability to create FTDs anymore", be sure to be careful to take interpretations as gospel until we know more.
+
+​
+
+# [My thoughts & insights on the latest SR-NSCC-21-803 filing; lots of liquidation & default talk!](https://www.reddit.com/r/Superstonk/comments/oq3pyt/my_thoughts_insights_on_the_latest_srnscc21803/) - [u/xRehab](https://www.reddit.com/user/xRehab/)
+
+xRehab adds some of his thoughts to parts of the SR-NSCC-21-803 filing.
+
+​
+
+# ["So what are naked shorts?" An infographic overview of naked shorts.](https://www.reddit.com/r/Superstonk/comments/oro4mc/so_what_are_naked_shorts_an_infographic_overview/) - [u/catsinbranches](https://www.reddit.com/user/catsinbranches/)
+
+[credit to u\/catsinbranches](https://preview.redd.it/dz5r5qkarid71.png?width=800&format=png&auto=webp&s=c0f054e5b2c79cf41a4eaf57d17d25bee37745dc)
+
+# [\[Speculative\] Piecing together the ITM CALLs and the OTM PUTs. Melvin was margin called on January 25th, so they swapped risk to Citadel. Melvin bought up those OTM PUTs from Citadel hoping to profit off of their original shorts, but the expirations of the OTM PUTs do nothing.](https://www.reddit.com/r/Superstonk/comments/orr9tf/speculative_piecing_together_the_itm_calls_and/) - [u/Criand](https://www.reddit.com/user/Criand/)
+
+Criand made a long as post looking at how melvin (might have) closed their short position by transferring it to Citadel and Citadel transferring puts to melvin he also theorises that Point72 are short GME at 350$ which would be why they haven't experienced large losses and why it's so aggressively guarded. He also wants to be clear that " **This does not mean that there will be no squeeze"** just that "Point72 are still short and Citadel is most likely holding the bag." The MOASS is still happening.
+
+​
+
+# [Gurbir Grewal starts his NEW JOB today as the SEC's head of enforcement. Let's hope Gary Gensler hired him because he liked his resume and not just initials.](https://www.reddit.com/r/Superstonk/comments/ormfr7/gurbir_grewal_starts_his_new_job_today_as_the/) - [u/theheavyking92](https://www.reddit.com/user/theheavyking92/)
+
+[credit to u\/theheavyking92](https://preview.redd.it/lr7hpuqgrid71.png?width=640&format=png&auto=webp&s=9bcdc8286edc3df2faa39967e1007b05e32d254c)
+
+​
+
+# [Sunday morning comics](https://www.reddit.com/r/Superstonk/comments/org940/sunday_morning_comics/) - [u/photonscientist](https://www.reddit.com/user/photonscientist/)
+
+[credit to u\/photonscientist for higher quality image](https://preview.redd.it/gk07yufjrid71.png?width=960&format=png&auto=webp&s=655e6897550b9a89da541deca311b4934ae1419a)
+
+[Aged like wine](https://www.reddit.com/r/Superstonk/comments/ore0na/aged_like_wine/?utm_medium=android_app&utm_source=share) \- [u/loverisesup](https://www.reddit.com/user/loverisesup/)
+
+Here is the creator of the comic strip [https://twitter.com/darrinbellart](https://twitter.com/darrinbellart)
+
+​
+
+# [I CAN'T HEAR YOU: Closed with 1.27 Mil volume! That's a high](https://www.reddit.com/r/Superstonk/comments/oqab5m/i_cant_hear_you_closed_with_127_mil_volume_thats/)[ score, even going back to 2020!](https://www.reddit.com/r/Superstonk/comments/oqab5m/i_cant_hear_you_closed_with_127_mil_volume_thats/) - [u/edgar510](https://www.reddit.com/user/edgar510/)
+
+[credit to u\/edgar510](https://preview.redd.it/t6scwcporid71.png?width=356&format=png&auto=webp&s=33a80b78afb85e7afd0d1bdc4e9f6ca724d5e886)
+
+​
+
+"[7/23/21 GME lowest volume since 10/17/2017](https://www.reddit.com/r/Superstonk/comments/oqab5m/i_cant_hear_you_closed_with_127_mil_volume_thats/h6afdj1?utm_source=share&utm_medium=web2x&context=3)" - comment by [u/bloodra1n](https://www.reddit.com/user/bloodra1n/)
+
+​
+
+# Upcoming Federal Reserve derivative exposure report
+
+[\[START HERE\] Next Friday, July 30th, at 4:15pm the Federal Reserve will be PUBLICLY releasing the total derivative exposure numbers of all the biggest domestic AND foreign banks AND their lending clients- INCLUDING Citadel! #gme /A1 https://twitter.com/finwatchdog](https://www.reddit.com/r/Superstonk/comments/oq6efq/start_here_next_friday_july_30th_at_415pm_the/) \- [u/mrchiko1990](https://www.reddit.com/user/mrchiko1990/)
+
+There are 12 pictures detailing what they will report I believe. The comments are quite cynical and wary about possible numbers and report manipulation in the upcoming report.
+
+​
+
+# [Janet Yellen warns of potential default and the treasury will suspend sale of state and local government securities July 30... this is big.](https://www.reddit.com/r/Superstonk/comments/oq7m5c/janet_yellen_warns_of_potential_default_and_the/) - [u/NirpUmbrella](https://www.reddit.com/user/NirpUmbrella/)
+
+[Yellen wants debt limit raised by Aug. 2, warns U.S. may need ‘extraordinary measures’ to avoid default ](https://www.reddit.com/r/Superstonk/comments/oq7m5c/janet_yellen_warns_of_potential_default_and_the/h69w8rq?utm_source=share&utm_medium=web2x&context=3) \-  comment by [**NirpUmbrella**](https://www.reddit.com/user/NirpUmbrella/)
+
+Here is the link[ https://www.cnbc.com/2021/07/23/yellen-urges-congress-to-raise-debt-limit-by-aug-2-or-treasury-will-take-extraordinary-measures-to-prevent-default.html](https://www.reddit.com/r/Superstonk/comments/oq7m5c/janet_yellen_warns_of_potential_default_and_the/h69w8rq?utm_source=share&utm_medium=web2x&context=3)
+
+The comments are quite sure that the government will raise the debt limit.
+
+​
+
+# [7 year ex-Amazon director hired today! Welcome Ankur 🤝 for anyone not following Gamestop's high level hirings on LinkedIn.. they are literally coming in nonstop 😎 🤟](https://www.reddit.com/r/Superstonk/comments/or1kfx/7_year_examazon_director_hired_today_welcome/) -  [u/nicky94](https://www.reddit.com/user/nicky94/)
+
+Image not added as it's too long.
+
+GME keeps hiring more and more high-level people, they are on fire.
+
+​
+
+# [Understanding Volume: How and why SHF are bleeding](https://www.reddit.com/r/Superstonk/comments/oq44j1/understanding_volume_how_and_why_shf_are_bleeding/)
+
+No1Important\_4real explains how market volume works, it's a good post I'd give it a read.
+
+​
+
+# [Citadel Used 2008 Bailout Money to Begin the GME Shorting Saga](https://www.reddit.com/r/Superstonk/comments/oq7rqi/citadel_used_2008_bailout_money_to_begin_the_gme/) - [u/Freadom6](https://www.reddit.com/user/Freadom6/)
+
+Freadom6 goes back into the past to 2008 to take a look at how Citadel might have used their bailout money to start the GME shorting.
+
+​
+
+# [Investigating GME's pre-earnings parabolas (SEXUAL)](https://www.reddit.com/r/Superstonk/comments/oqeggr/investigating_gmes_preearnings_parabolas_sexual/) - [u/HomeDepotHank69](https://www.reddit.com/user/HomeDepotHank69/)
+
+HomeDepotHank69 Looks into GME's earning run-ups and says "I can't tell you why this is happening but I can lay out the pattern for you and give you some possible explanations."
+
+​
+
+# [GMERICA - 29% of America Long on GME - Bloomberg Data](https://www.reddit.com/r/Superstonk/comments/or04bl/gmerica_29_of_america_long_on_gme_bloomberg_data/) - [u/lawsondt](https://www.reddit.com/user/lawsondt/)
+
+lawsondt have looked at Bloomberg data to double-check how many " states that are long GME" which comes out to 28% of states long on GME holding 859,788 shares which is 1.12% of all GME shares.
+
+​
+
+# [Disgraceful. Linking buying 'meme' stocks to capitol riots? Fuck you](https://www.reddit.com/r/Superstonk/comments/orjgor/disgraceful_linking_buying_meme_stocks_to_capitol/) - [u/dudesonly69](https://www.reddit.com/user/dudesonly69/)
+
+image removed as it's too long.
+
+...what? even as a way to try and wrongfully discredit retail, that doesn't even make sense, at least Try to make the sentence coherent when you're trying to manipulate and lie.
+
+​
+
+# Possible short and FTD loophole
+
+[What We Do In The Shadows, Part 1](https://www.reddit.com/r/Superstonk/comments/or8utm/what_we_do_in_the_shadows_part_1/) \- [u/SubParMarioBro](https://www.reddit.com/user/SubParMarioBro/)
+
+SubParMarioBro have looked at FINRA and sec filings and believe they have found a loophole that allows SHF to "hide their short positions and FTDs by using unconventional international lending schemes"
+
+​
+
+# [Buffet Indicator Is at All Time High \[Market Strongly Overvalued\]. Last Time it Was Remotely This High Was During the Peak Of the Dot-Com Bubble. 🚀🚀🚀](https://www.reddit.com/r/Superstonk/comments/orehnd/buffet_indicator_is_at_all_time_high_market/) - [u/einfachman](https://www.reddit.com/user/einfachman/)
+
+[credit to u\/einfachman](https://preview.redd.it/0csgoe8ksid71.png?width=960&format=png&auto=webp&s=3ad9bae2f7f60df33d3ecc8723401b2e3bd85d8f)
+
+# Alternative data
+
+[Hedge funds spend billions of dollars a year on what's known as 'alternative data.' I've been collecting and publicizing some of this data over the past couple years, and want to start posting daily data updates on here if there's interest. Here's an example of it would look like.](https://www.reddit.com/r/Superstonk/comments/opx493/hedge_funds_spend_billions_of_dollars_a_year_on/) \- [u/pdwp90](https://www.reddit.com/user/pdwp90/)
+
+pdwp90 have been commenting alternative data from his website for a while now under rensole's Daily Stonk posts but it looked like he intends to possibly up it to making posts if there is interest.
+
+​
+
+# [📣🔥 Major Tom "Citadel is stealing from you and GameStop" 🙌💎](https://www.reddit.com/r/Superstonk/comments/or6yqv/major_tom_citadel_is_stealing_from_you_and/) - [u/oapster79](https://www.reddit.com/user/oapster79/)
+
+Major Tom keeps on pumping out massive posts on LinkedIn.
+
+​
+
+# [Apologies to u/Criand, I take my bow and admit I was wrong about T+35 at least in the circumstances given. Final working theory regarding spikes is now RegSHO 204 by process of elimination.](https://www.reddit.com/r/Superstonk/comments/oqid17/apologies_to_ucriand_i_take_my_bow_and_admit_i/) - [u/flaming\_pope](https://www.reddit.com/user/flaming_pope/)
+
+flaming\_pope corrects his own post which I included in The Daily Stonk 07-22-2021 and goes on to look at and input his thoughts to a few other posts.
+
+​
+
+In the last Daily Stonk, I was asked and input a section about DRS (Direct Registration System) and apparently, I got it wrong and it seems like it was about preventing SHF to FTD rather than preventing share lending I'd again recommend reading [MommaP123](https://www.reddit.com/user/MommaP123/posts/)'s posts if you want to learn more, Sorry about the misunderstanding.
+
+​
+
+[The MOAFF | The Mother of All F\*cking Filings | NSCC-2021-803 / 010 | 369 Pages Long, Master Post](https://www.reddit.com/r/Superstonk/comments/or2r9y/the_moaff_the_mother_of_all_fcking_filings/) \- [u/Horror\_Veterinar](https://www.reddit.com/user/Horror_Veterinar/) this post will be updated over time so go have a look once every few days to see if there are new edits.
+
+https://preview.redd.it/cl16pcvusid71.png?width=554&format=png&auto=webp&s=c0a3eced6e0b6abb2f30c6b5de0f11945b354216
+
+EXCELLENT!
+
+Be friendly, help others!
+
+As always we are here from all different walks of life and all different countries.
+
+This doesn't matter as we are all apes in here, and apes are friends.
+
+Doesn't matter if you're a silverback a chimp or a bonobo.
+
+**We help each other, we care for each other.**
+
+**Ape don't fight ape, apes help other apes!**
+
+This helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
+
+Remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
+
+There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
+
+**We don't care, just be nice and let's make this community as Excellent as we can!**
+
+Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
+
+Don't try to exploit your fanbase, this would also be excellent!
+
+Remember none of this is financial advice.
+
+# Superstonk Nor Reddit Nor Retail Investors, in general, are in any way, form or shape related to the capitol riots or the people behind it. Any such notions are Slander and Defamation to Superstock, Reddit and Retail Investors and will be looked upon negatively and could be pressed in court!
+
+If anything happens throughout the day we will be adding it here.
+
+Backups:
+
+[https://twitter.com/ByeTriangle](https://twitter.com/ByeTriangle)
+
+[https://twitter.com/BradduckF](https://twitter.com/BradduckF)
+
+[https://twitter.com/ButtFarm69](https://twitter.com/ButtFarm69)
+
+Edit just a friendly reminder that I'm not a mod as there is a little bit of confusion about that, although I appreciate the sentiment.
+**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
+My pay isn't going up significantly in the foreseeable future and when calculating all my expenses, car expenses are a huge portion. (1k insurance, 800 rego, $300+ mechanical, plus ?$1200+ fuel).
+
+I am thinking of getting a Bicycle.
+
+PROS: Selling my car would net me 6-8k plus a "pay rise" annually of something like 4K, which I would invest. (Buy VDHG).
+
+My partner has a car, works from home most days, more exercise...
+
+Plus my work is only about 5km and almost completely flat. 
+
+CONS: Melbourne winter, I will definitely miss my car, less freedom to go places.
+
+Anyway, has anyone had success or failures with this??
+
+EDIT: 200 comments sheesh. Trialling it over the rest of the year. Makes sense to share one car between us and I like the idea an e-bike but definitely decent rain gear. Also public transport to work is pretty easy for those rainy rainy days.
+This applies to ALL apes regardless of gender, age, race, nationality, sexual orientation, whether you're religious or not etc.  Of course for the apes who are investing with their SO, or have been together for a while, you're most likely good to go.  And I suppose if you find a fellow ape, your odds are pretty good as well.
+
+Having said that, if there is one way an ape can lose a significant amount of tendies it will be through some stupid marriage and divorce courts.  There's so many gold diggers out there.  I know a lot of us will value privacy and will try to keep things lowkey but you'd be surprised at how well others can pick up on any increase in confidence or happiness you feel.  No matter how subtle you may try to be.  The last thing I want to hear, is how some ape got burned in a relationship thinking it was love.
+
+Post MOASS should be a time for you to live your life, without having to compromise because of money.  Don't put yourself in a situation where you could lose a significant amount of that leverage.
+
+Oh and I know some of you might bring up a prenup, but in my opinion setting up a trust will be FAR MORE effective.
+TADR; Sorry
+
+Hey guys, this has been a long time coming. 
+
+Im a January ape. Most of my shares were bought above 300$.
+
+It’s been a gruelling year.
+
+I’ve been holding onto the idea that GME would moon. 
+
+I read all the DD, and yet today, something feels wrong.
+
+It just feels like the fundamentals are not there anymore.
+
+This is why effective today, I will be continuing to hold and Ken can suck my balls.
+I have recently started to learn about trading (udemy, babypips etc.) and I am very interested to learn more about the topic and of course how to make money from it. 
+
+I don't expect to get rich from it, I dont expect to only make profit and never lose.
+
+BUT is it a realistic "dream" or rather goal, to live solely from forex trading?
+
+Again I want to emphasize that I don't expect to be the forex king within weeks or months or maybe even years.
+
+Edit : 
+
+Thanks to all that commented and still going to comment. 
+
+You all gave me great insights on how you think about the topic and it made me really look forward on how far I can reach!
+
+I am still on the very beginning, so I don't know how far I can come, but I will definitely try my best!
+These are criminals we are dealing with. And sociopathic ones at that.
+
+They've robbed the bank, killed the guard, and taken hostages. The authorities have guns drawn on the exits, and there's an angry mob waiting to financially rip them to pieces. We can likely assume these mother fuckers have already decided they have no intention of being taken into custody. 
+
+They are going to try to shoot their way out, even with virtually no chance of success. They've already broken so many laws, whats a few more? Shooting back the cops in broad daylight and annihilating themselves in the process might be the only choice they have left.
+
+Expect the blatant illegality and manipulation to get much worse, before things get better.
+
+It is on the other side of their dramatic and desperate end, that our rocket towards Andromeda departs, fellow Apes.
+
+Buy. Hold. Laugh.
+Hi guys
+
+Recently got a job paying 55k a year at age 18.  I would like to ask, if you were in my position, how would you utilise this money at my age to set myself up for the future?
+
+For context: I already have investments in ETFS and couple of ASX blue chips using money from previous job. I live with my parents whom are in no rush to kick me out, however, like any young adult I am itching to move out and would consider it to be my largest financial goal right now. 
+
+My expenses are quite low other than general car expenses and food/booze.
+
+Any advice will help
+
+Thanks guys!
+Few beers deep, but felt the need to share my experiences as a first home buyer in Brisbane in the current market. 
+
+We were first looking at the start of the year, and after many open homes were able to get an offer accepted on a place in Banyo. Unfortunately the timing was not great, with COVID hitting around the same time. We ended up not going through with that house, with some concerns about our incomes and with the rather grim outlook on the housing market in a locked-down, COVID world. 
+
+After waiting til September/October to dive back in, we discovered the market had done none of the crashing it was expected to do. 
+
+We've kept an eye on the market since February. As it stands, there's been minimal stock on the market in our price range ($550-650k) pretty much since COVID hit.
+
+For all the doom and gloom throughout the year, it seems as though none of the predictions have come to fruition. Between government and RBA intervention, the Brisbane market is a nightmare as a first home buyer. 
+
+The market (in the $500-700k bracket at least) is low in stock, leading to a frenzy for interested buyers. 
+
+As a recent example, we put an offer in on a basic highset 3 bedroom house in Keperra. A house that would be worth high $500k's at the best of times is now being sold closer to $650k. The house had 15 offers received after the 1st open home on it's first weekend on the market. 
+
+We've spoken to a few real estate agents, who annecdotally have said even they think the prices being paid for some properties are well above what they are worth. It seems like FOMO is well and truly in play in Brisbane. 
+
+I don't really share this as advice as such, more my experience - but would perhaps say that any potential buyers in Brisbane may benefit from holding off for the new year when new stock hits the market - as it stands, it's a bloodbath and people are paying well in excess of what properties are worth.
+Hi, I'm 18, in college, so I'm new to this. I keep doing intensive research about investment at least 1-2 hours a day.
+
+I won $1,500 last month from a local lottery. My parents and friends didn't know about this. I hold it for a month because we're currently in uncertain times because of this pandemic. After a month of researching and studying about where can I give a "job" with this money, I decided to invest in ETF stock.
+
+My pick is QQQ and IWF, I'm attracted to both of them but with this budget $1,500. Is it better to invest in just QQQ or both of them 50/50?
+
+Can I have your personal opinion on this?
+
+PS: Holy shi, school never taught me about investment.
+First of all I’m 20, and somewhat new to investing. I’ve been tracking the market and learning about investing for about 3 months now and I’ve decided to hold a few ETFs for 10 years or so, starting around $1000 and slowly adding more over time. I wanted to know how this looks: 
+
+VTI - 45%
+
+ARKF - 10%
+
+VBK - 10%
+
+QQQ - 10%
+
+MSOS - 5%
+
+And I’ll be holding the rest in cash for the time being. I am also looking for something in clean energy (I was thinking ICLN but looking for something that tracks primarily the US). Any constructive feedback would be greatly appreciated!
+Hello,
+
+I have been buying VOO on etoro platform everymonth.  The price is different each time I buy in.  What is best just adding payments monthly bases or putting lump sum like £5000 then adding monthly?
+
+My plan is to keep buying these for long term 20 years +
+
+Thanks
+I originally posted this in the stocks subreddit but apparently this subreddit is a more suitable place to ask this question:
+
+I am currently looking to diversify my portfolio (96% MSCI all-world ETF 4% gold) and I am considering adding either ARKK or QQQ to represent around 16% of my portfolio.
+
+I looked at the holdings and the expense ratios but I was wondering what reddit's opinion is on deciding between these 2.  
+Arkk seems very risky in comparison; not only because of the 10% Tesla exposure.
+
+History has shown active funds underperform the index but then again; past performance does not guarantee future results.
+
+Thoughts?
+Hello all,
+
+24 year old who earns 53K a year living in a somewhat low cost of living area. Currently have no debt and 80K in my Merrill edge account (And about 5k in my new retirement account). Probably will be buying a house/condo no sooner than 3 or 4 years from now. And my portfolio is mixed between Mutual funds and ETF's because when I started I used MF but now throw all money into ETF's. 
+
+Just got 15K for Christmas from my parents and I am thinking about just buying [VB] (https://investor.vanguard.com/etf/profile/VB) since that index seems as good to follow as any other. But do you all have a different recommendation for a small cap ETF that you think will do well? 
+
+Also, do you think it is wise to be throwing 100% of this 15K into small cap? I am weary of investing into the S&P 500 anymore because of how overvalued it is (everything is overvalued, but small cap less so, right?) 
+
+---------------------------------------------
+This is my current portfolio. 
+
+LARGE CAP (All S&P 500)
+
+VFIAX: $19,650
+VOO: $2,596
+
+Total: $22,246
+
+
+-------------------------------------------
+
+MID CAP (All  CRSP US Mid Cap Index)
+
+VIMAX: $24,764
+VO: $9,855
+
+Total: $34,619
+
+
+
+
+----------------------------------------------------
+
+
+
+SMALL CAP (All following CRSP US Small Cap Value Index.. Although the ETF is in Value shares)
+
+
+VSIAX: $12,950
+VBR: $9,236
+
+Total: $22,186
+ So my brother was born with some severe mental disabilities, and the State has been paying my Dad to take care of him full-time. After 43 years he passed away suddenly a couple of weeks ago, and my Dad is no longer employed. He's looking for work, but in the mean time are there any programs people are aware of that can supplement him until that time? He was earning income and I believe it was taxed so unemployment is potentially an option, but might there be anything else?
+My toddler needs to get to the east coast for a medical procedure scheduled in February. We live on the west coast.
+
+My wife and I are debating whether driving, flying or renting a private jet (like netjets or something) is safer.
+
+If we fly commercial we have to go through an airport and I'm not confident my son can keep a mask on for the 8 hours it takes to get through the airport and the flight.
+
+Driving is obviously doable but will take a week.
+
+I've never flown private, but I imagine the only person we would really be exposed to in this case is the pilot. So we are considering that even if the cost is 30k or so one way.
+
+For the other fatties on this sub that have been flying recently, how would you rate the relative safety of private jets vs commercial vis a vis covid? Do you think there are particular providers that are more fastidious about this (maybe test pilots on a regular cadence?)
+all credits to [u/hooper359](https://www.reddit.com/u/hooper359/) he found it but couldnt post due to karma please direct all karma and awards his way via his history so he can be given the opportunity to comment 
+
+https://www.reddit.com/user/hooper359/comments/osr91k/new_ipfs_subdomain_possibly_for_a_digital_games/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+
+I may have found something kind of interesting today.
+
+Ever since Gamestop secretly launched nft.gamestop.com I have been monitoring gamestop.com for new subdomains (using a python tool). I basically run the tool every few days and compare the output to the previous time I ran it and check for any differences. I hadn't ran it in a while (last time was July 15th, 2021) but I checked today and found an interesting new subdomain that appeared.  ipfs.nft.gamestop.com:
+
+[\(script output for differences\)](https://preview.redd.it/u5jzka3e9rd71.png?width=387&format=png&auto=webp&s=eed8bc86a730de0b97975270695c489d92121cbc)
+
+**What is IPFS?**
+
+I have no clue I don't know much about blockchain/NFTs, I looked it up: Its the InterPlanetary Filesystem.
+
+I found this page on minting an NFT with IPFS,  [here](https://docs.ipfs.io/how-to/mint-nfts-with-ipfs/)  the "How IPFS Helps" section is interesting. From what I understand it is a way of linking an NFT to a digital file, but using that digital file's hash as a content identifier (CID) which is then linked in the NFT contract. Since the CID contains the file's hash, the NFT will always lead to that exact copy of the file. I believe most of the artwork sold as NFTs nowadays are using IPFS.
+
+**So why is this subdomain just showing up now?**
+
+Is it new? I am not really sure.. It's the first time the script saw it.
+
+I went back and looked at the original NFT contract which had an IPFS address in it:
+
+https://preview.redd.it/0x5rf37o9rd71.png?width=821&format=png&auto=webp&s=2d03627312e45d1b08df67969d3dc14d8af4c1c4
+
+Which you can also view via this link using the ipfs subdomain: [https://ipfs.nft.gamestop.com/ipfs/QmaLEchFaE7FWhc4MCvYMqoTdK8rV1yfjEC5Bz4jzQRbjS](https://ipfs.nft.gamestop.com/ipfs/QmaLEchFaE7FWhc4MCvYMqoTdK8rV1yfjEC5Bz4jzQRbjS)  With IPFS you can host public gateways which is basically a place for a company to host files for their customers to easily access without needing an IPFS supported application (this way apes can see it in a browser I think?).
+
+[https://ipfs.github.io/public-gateway-checker/](https://ipfs.github.io/public-gateway-checker/) has a running list of current public gateways, some are companies that host files on blockchain for their partners/customers, gamestop is not listed (yet?).
+
+**New Sub-Domains**
+
+[ymrTswPh.jpg (387×87) (imgur.com)](https://i.imgur.com/ymrTswPh.jpg)
+
+[bjWc3zrh.jpg (821×229) (imgur.com)](https://i.imgur.com/bjWc3zrh.jpg)
+
+Purely speculation and not even sure if this is anything new, but if it is something new then maybe they are getting ready to test a digital games marketplace hosted on block chain? Where using NFT tokens we can digitally own a game (through IPFS) and not just the license to play one. I am not super knowledgeable in this area but it's interesting the script just started picking it up, and its timely considering they just released that new newsletter subdomain as well.
+
+*Comments from me*
+
+this appears interesting as it show a potential development path for gme and signs of what is to come in the future. this could be trading of owned digital games or it could be stocks or anything. needless to say my tittys are jacking further than before and im hyped about the future of the company. all of this is without moass and just goes to show that gme has great long term value. maybe some other computer apes could do some digging to find out what this means and jack our tits higher.
+
+\**nothing in this post should be taken as financial advice. do your own research and dd and invest accordingly*
+
+💎🙌💎🙌🎲🎲🎲📈📈📈📈🚀🚀🚀🚀🚀🚀🪐🪐🪐🪐🪐🪐🪐
+
+TLDR: New url created for gamestop nft pointing to potential further uses.
+
+EDIT. THANKS FOR THE AWARDS AND KARMA BUT I DIDN’T WRITE IT.  PLEASE FIND A POST BY u/hooper359 via his history and GIVE ALL AWARDS AND KARMA ON THAT AS HE NEEDS KARMA TO EVEN COMMENT ON THIS POST.  thanks
+
+From u/pm_me_nude_kittens
+
+For u/hooper359 (and everyone else):
+
+The NFT launched on 14 July with minimal fanfare.
+
+Later, one of the GameStop crypto developers commented on social media that the date was supposed to align with the planned transition to E t h e r e u m's London hard fork, which has key improvements in how E t h e r e u m handles ERC-271 tokens like this single GME token.
+
+The London hard fork is now expected to happen on 4 August, which is just over one week from now.
+
+https://www.coindesk.com/ethereum-london-fork-launch-date-august
+
+This IPFS subdomain looks like it was launched right as the network is becoming more hospitable for creating a digital secondary market for videogame ownership.
+
+EDIT: here's a comment, with a link to Matt Firestone's tweet about the GME NFT dates. This comment from u/daronjay explains how the GME NFT launch was related to this E t h e r e u m London hard fork because it will improve the speed and cost of transactions across the digital ledger.
+
+https://www.reddit.com/r/Superstonk/comments/oh60ea/-/h4nktys
+Something I was never offered in high school and I wish I was, was a driving class that you got your hands dirty with. Luckily, I have some very mechanically talented family members who I’ve been able to walk through issues with. I have the ability to change my brakes or change the oil. Other than that, I’m not very useful with my hands, but I at least know some basics in terms of different parts on a car, what they do, how they help other parts function, etc.
+
+If you can get with someone you trust, watch them work on a car or have them walk you through how to do it yourself. I see it more and more now. Younger kids (and it’s not just reserved to that age group) know absolutely dick about cars and it’s not a good thing. Did you invest four digits into your car? Maybe you splurged and invested 5 digits. You bought a reliable Honda or a Subaru for $14k because you’ve heard good things and you want a car to last you for awhile. If you’re willing to invest that kind of money into something you use every day, you need to invest the time to learn what makes the thing tick.
+
+Aside from knowing how to change a tire, you should look up resources online to see what makes the car go vroom vroom and not fek....feeeek....fekfekfek... 
+
+Knowing something simple like the difference between drum brakes and disc brakes could save you asinine amounts of money at a later date.
+
+Edit: SOME Mechanics appear to be increasingly shady these days and they can and will take you to the woodshed if you’re not careful. My dad once had an issue with his suv... the mechanic said it needed a new engine. He took it to a trusted friend and it just needed a valve adjustment. Almost 7 years later and that car is still running. That’s roughly $5-10k in cost compared to a $100-200 valve adjustment...
+
+EDIT: NOT ALL MECHANICS ARE BAD, BUT ONE BAD EXPERIENCE CAN PUT A SOUR TASTE IN YOUR MOUTH.
+
+When I was in college I got a routine oil change at a national tire and battery. Dudes told me I needed to have calipers put on my rear brakes. My brakes were drum brakes. Drum brakes don’t have calipers. Knowing this simple factoid about brakes helped me save probably $300-500 and honestly who knows what the fuck they would have done had I let them work on my brakes. 
+
+Again, if you have time time to search and purchase a multi thousand dollar car, then you have the time to do research and learn about what you’re driving. Do it. You may find that you’re actually mechanically inclines and enjoy working on your vehicle. It could save you a few bucks or maybe even a few thousand bucks.
+
+I can not recommend https://haynes.com/en-us/car-manuals enough. These guys write complete guidebooks and complete breakdown and repair of many models/makes of cars. You can quickly become an expert on what your car is by reading these. Sure you may not be able to do the work, but you’ll know what makes your car tick and it will help you be a better informed consumer, especially when trying to find good mechanics for the more complex stuff.
+
+
+Edit: I’ve changed the mechanic/trust part a bit because people didn’t like the perceived generalization. I’ll repeat it here: not all mechanics are shady. Good mechanics are great, but if you have one bad experience it’s souring and really effects someone and makes it hard for them to find one they can trust. Do your research. Talk to the mechanic.
+ 
+
+What is FairSafe?
+
+At first look FairSafe might look like another safemoon clone, these are very popular here in the last month. Well, it is a safemoon clone, to be honest. But only for now.
+
+Most of the projects on Binance Smart Chain are shady, the devs are annonymous, some rug and some dump.
+
+But FairSafe is offering us something else. Developer, who is fully honest and **doxed**, well thought out **roadmap.**
+
+So, you are asking, what is the long term vision?
+
+The main goal behind the project is to migrate from Binance Smart Chain to Polygon! There is also a NFT marketplace coming up and more - take a look for yourself: [https://fairsafe.gitbook.io/fair-safe/](https://fairsafe.gitbook.io/fair-safe/)
+
+Okay, but let's take about present, since you are investing now, not later!
+
+So for now the token operates on BSC and has a 8% fee to transations, 3% is distributed to existing holders, 5% goes to Liquidity.
+
+The liquity is locked until 2025 - I cannot say no chance or rug since you really never know, but atleast they cannot pull the liquity.
+
+You are very early, the coin is just launching!
+
+Join our community and see for yourself: [https://t.me/fairsafe](https://t.me/fairsafe)
+
+Where can you buy it? Pancakeswap: [https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca)
+
+Chart: [https://poocoin.app/tokens/0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca](https://poocoin.app/tokens/0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca)
+
+Bscscan: [https://bscscan.com/address/0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca](https://bscscan.com/address/0xEE738a9e5FB78c24D26ceCD30389ED977C38D0Ca)
+
+Goodluck and invest safe!
+As someone on the FatFIRE journey, I’m interested in slowing down the pace the closer I get to the end of my 40s in a few years. I’d like to do minimal conventional work, but I’ve often through of serving on boards where available. Are there any recommendations how to make the move from a mid-senior corporate W-2 role to board roles on smaller companies (I’m not looking or qualified for roles at companies like a P&G or XOM). As a frame of reference, I report to someone who is on my companies executive leadership team. I don’t plan on sticking around in hopes of wrestling my way into the C-suite (there’s 40 people in line for a few positions). Thank you for any recommendations.
+So, I took out a postgraduate loan of 10K and the main undergraduate degree loans. Long story short, unless you're a very high earner, you'll pay more in your lifetime for your 1 year postgraduate than your whole undergraduate degree.
+
+My example:
+
+I'm now 5 years out of my postgraduate. (I was the first intake that had access to the PG loan). My postgraduate loan balance is 10.8K. Main balance 58K. So long story short, neither of them are getting paid off within 30 years..despite all my repayments they've gone up.
+
+My current salary is £35,370. Each month I pay £47 for my undergraduate loan, but £63 for my postgraduate loan. As both balances are still increasing due to interest, unless my salary rises a lot (to approx 45-50K), I'll continue to pay more each month for my postgraduate degree. 
+
+The reason for this is that the threshold for me repaying the postgraduate degree has remained at £21,000 since I finished. Whereas the government has increased the threshold for the undergraduate degree over time. The postgraduate threshold has been silently forgotten by the government. 
+
+I'm not saying that the postgraduate loan is a bad idea - but just please go into it understanding that the one year course, unless you have high salary, could end up costing you more of your take home each month in your life than your whole undergraduate degree.
+
+If I had understood that, I may have thought twice and decided to go straight into the jobs market after my undergraduate. Instead I just saw it as an "extra 10K - what's the big deal when I'm already 50K in?" When actually so far that one year course has cost me much more. 
+
+Hope that helps someone.
+
+Thanks
+I'm about to go to college to study finance and I'm unsure about my direction in life. In this book the author seems to basically mock technical analysis which is contrary to what I thought investing was all about, and I'm wondering how much stock I should put in his words. Seems like a smart guy, certainly has a decent pedigree, but a lot of what he says seems like it is contrary to what investment professionals would say.
+
+Generally, I have a cautious and conservative way of navigating new information and this book seems to trample on a lot of professionals and professions I had some amount of respect and deference to.
+
+Should I be wary of this book or is it popularly accepted as correct? What should I do to make up my own mind?
+I've been getting my feet wet with investing since July, adding a couple hundred bucks a month into my Roth IRA. So far I have only bought VTI and SCHD. I'm looking to add O for some diversity and to also start a monthly dividend. 
+
+Does anyone with more experience than me have any opinion on this? For me right now, I'm investing for retirement and trying to keep it simple while I get more comfortable with investing in general.
+Holding through huge dips is a rite of passage in crypto. It is something ALL of us have done before. I know how bad you feel, I have been there. I just hope you don’t feel *stupid*, because again *we have all been there* and we have all done the same thing. So don’t feel *alone*!
+
+I will also say, eventually it gets better. You’ll soon start to feel immune to price changes and the overall unease effect you’re experiencing will go away. Also long term when our price moves toward 10k and beyond then the dips won’t even phase you at all because they’ll be well above your entry price. 
+
+I can’t promise you it will all be better tomorrow, but I can promise you it will be better. And you’re not alone either, we all hold or have held eth at a loss in this subreddit too because we believe in ethereum here. It’s worked well for us so far, I think it will work well for you too.
+I've read multiple reports that consumer spending is down (expected, due to price hikes on a lot products), but inventory is high?! ["Stocks slammed by 'chain reaction' — here's what pros are saying"](https://finance.yahoo.com/news/stocks-slammed-by-chain-reaction-095038951.html)
+
+This makes no sense? 
+
+The supply chain still has issues. Freight and transportation is more expensive now. So shouldn't inventories be low? 
+
+Unless they are refering to discretionary/non-essential items. But even then, how can inventories be high? Supply should be low right now.
+
+
+And if inventory is too high, shouldn't retailers just lower prices?
+Hello everyone I’m a 32 year old man and a first generation immigrant from Asia. I’m a dual US/Canadian citizen and my wife is a 30 year old natural born citizen. Recently we just hit the first major milestone of $1 million combined networth. We currently live in a MCOL city in Texas (not Austin) making about $220,000 a year combined. Most of our networth are from 401K/Roth, index funds and equity in our house. 
+
+Here is the quick networth progression over the years. The healthy recovery and increase of the market during the pandemic really skyrocketed our networth since our jobs weren’t affected.
+
+Please note that numbers before 2018 are rough estimates.
+
+​
+
+* Year : Me / Wife / Total
+* 2013: $0 / $0 / $0
+* 2014: $15K, -$90K, -$75K (wife’s student loans)
+* 2015: $35K, -$65K, -$30K
+* 2016: $50K, -$40K, $10K
+* 2017: $90K, $0K, $90K (loan paid off)
+* 2018: $180K, $30K, $210K
+* 2019: $224K, $90K, $314K
+* 2020: $352K, $187K, $539K
+* 2021: $479K, $301K, $780K
+* Now: $606K, $396K, $1 Mil
+
+I have a Bachelors in Mechanical Engineering and my wife has a Masters in Biomedical Engineering. I’m currently working as an engineer in a company that provides different components to the Aerospace/Defense, Oil & Gas, Semiconductor and Medical industry. I’m proud to say that our components were used in the production of the Pfizer COVID vaccine (microchip sold separately). My wife works for a company that produces various surgical equipment. Here are salary numbers over the years:
+
+​
+
+* Year : Me / Wife
+* 2013: $75K\*, $0 (Wife in grad school)
+* 2014: $75K\*, $65K
+* 2015: $75K, $65K (Job switch for me)
+* 2016: $75K, $75K (Job switch for wife)
+* 2017: $78K, $82K
+* 2018: $80K, $89K
+* 2019: $100K, $96K (Job switch for me)
+* 2020: $104K, $103K
+* 2021: $110K, $110k
+
+\*My first job out of college got paid $57K with free company furnished housing for 2 years (My W2 was $75K). After 2 years of the program my salary would drop down to $62K so I found a job in Texas. While I got to keep my salary, it didn’t increase much due to the performance of the company (all the money went to the CEO/shareholders I’m sure).
+
+Our total networth breakdown are the following:
+
+* 401K/Roth/HSA: $472K
+* Brokerage/Index Fund: $391K
+* Cash: $37K
+* House equity: $100K
+* Crypto/Meme stocks: $4K
+
+Our Index Funds are mainly SP500 equivalent like VTSAX. We have approximately 75/20 split between US and International Market funds with the rest in bonds.
+
+Like a lot of couples and families in this sub, having a partner that wants to save and FIRE is a huge help to achieve our goals. Since we are pretty frugal we didn’t really track our year to year spendings, I estimate we range from $45K to $55K per year. Besides a big vacation each year we don’t spend a ton of money on luxuries. We use what we have until it breaks before we get something new. This way we are not cycling through cars, electronics and toys constantly like most consumers. We try to limit eating out to one to two times a week, partly due to cost and partly due to the health benefits of cooking our own meal. We are not gamblers or financial gurus so we stuck to the tried and true index funds. We live by the rule that there’s no such thing as “getting rich quick” and stick to what we know the most, our jobs.
+
+Our future plan is to have a kid in 2-3 years and FIRE in 3-5 years with a total networth of $1.8 million+. We are trying to stick to a more conservative withdrawal rate of 3.5% and flexible spending of $60-75K depending on market conditions. If we decide that we might need a bit more to raise our child then we’ll "do one more year" and bump our NW past $2 mil.
+ The Reserve Bank has doubled the size of its daily quantitative easing program, announcing it would increase bond purchases from $2 billion to $4 billion. 
+
+[https://www.afr.com/policy/economy/rba-doubles-daily-bond-buying-to-4b-20210301-p576nr](https://www.afr.com/policy/economy/rba-doubles-daily-bond-buying-to-4b-20210301-p576nr)
+Edit: I fucking get it, the building being uninsured was a terrible business decision, but I'm here to make sure things are done right.
+
+I wake up to a bunch of missed calls my from dad this morning. His main money maker, a 3-unit (2 residential apartments and a ground floor grocery store), had a fire in the 3rd floor apartment. The property was uninsured. 
+
+Luckily no one was injured. My dad is devastated. That's $3000+ a month gone. He owns the building outright. It's in a great up and coming area. The property was worth about 350K. He has bad credit, but my mom, my siblings and I have good credit. I have a high income.
+What are our options? I don't even know our next steps. My dad had a stroke 2 years ago and he's just not the same. It's kind of on me to make sure my dad is doing things correctly moving forward. He's always cut corners. I moved to Baltimore a year ago to help him with the rest of his portfolio, this was his safety net.
+- Do we get an inspector to see what can be salvaged?
+- How do we find builders to redo or raze the building?
+- Will the next door's insurance come for us?
+
+
+TLDR My dad's property just burned down, it was uninsured. 2 apartments and 1 commercial unit.
+Every week someone on this sub has the brilliant idea to quit their job and sell options for a living. As a way to help curb this footloose notion I thought we could share some things we are thankful for about our current jobs. I'll go first. I would miss teaching science to my students and helping them to make sense of the world as they progress through young adulthood.
+I've been wheeling for a while with pretty volatile stuff like WKHS, PLTR, BB, and OPK and learned a lot through all of it. I'd like to graduate from CCs and CSPs to try some slightly more advanced Theta Gang strategies but can't find consensus on what the logical next step would be. Any recommendations?
+Since,  apparently, nowhere in the 2.2 million people reading this sub is a  single god damned lawyer (ok, plenty of jailhouse lawyers - I see you,  Mr. Diggs) and because this is a really slow time of year for my firm  while we wait to see how this whole vaccine thing shakes out, I assigned  one of my staff attorneys to look into the concerns I've seen expressed  a lot here lately, specifically as it pertains to "market manipulation"  and potential liability exposure stemming from how this sub has  basically become a very large hedge fund comprised mostly of autists who  appreciate great memes.
+
+Here's the short of it:
+
+\-  15 U.S.C. § 78 is the relevant US code that governs market  manipulation.  It's got a few rules.  Publicly traded companies have to  regularly make disclosures (so not WSB).   And it regulates exchanges,  dealers, brokers, insiders, and employees of publicly traded companies  (only you can decide if you're one of these.  Personally, this raised an  interesting question for me because I'm in venture capital (that,  thankfully, it looks like I'm OK on), but YMMV.  Maybe you work for a  meme company and have gone full retard.  You're on your own.
+
+***Obviously, "market manipulation" is what everybody here is shaking their titties over.  The rules here are pretty simple.***
+
+\-You  can't "create false demand" or overtly distort prices.  Remember, this  law was written in the 1930's, so being able to lie about something's  price was easier back then.  Not really applicable today.  Nobody here  is creating "false" demand.  In the case of short squeezes, it's  creating "actual" demand.
+
+\-Can't  talk about insider information - yet to see that here, so all good.   Even if I did see it, I wouldn't trust half of you to properly interpret  what you read unless it was full of rocket ships or eggplants.
+
+\-Can't  spread false information about a company.  While I would argue there's  actually a lot of that here, it's not with intent, it's out of ignorance  99 out of 100 times.  Further, the SEC hasn't effectively enforced this  rule in decades.  There are hedge fund managers who openly admit to  breaking this law.   Plus, the original intent with this law was  (apparently, according to lawyer) meant more for companies to not pull  an Enron.  It is, in other words, in effect toothless.
+
+\-The  interesting one is with regards to group trading.  So there's a whole  set of rules that comes into play when an organized group of traders own  more than 5% of a company's stock.  I'll spare all the boring middle  details here because the conclusion is nobody KNOWS how much of a  certain company's stock this sub collectively owns.  I would posit a  very strong theory that we own quite a bit more than 5% of Gamestop,  BUT....there's never been a straw poll to prove it and nobody here has  any real way of knowing if that's the case.  Even if somebody did, they  would have to effectively communicate it to everybody else in the sub to  alert them of potential conflicts/problems, because "intent" is a  qualifier for this particular rule.  There's no fucking way this island  of misfit toys is going to be effectively communicated that status.   Even if that information did become widely known, it would be impossible  to prove that rocket emojis, calling people paper handed bitches for  exiting a position, or telling people to let their wives' boyfriends  take care of the women while you're off earning your tendies qualifies  as illegal coordinated manipulation.  Especially given how many bots and  shills Melvin has deployed here lately trying to discourage or scare  people into selling their positions.
+
+Which  means what everybody largely suspected, anyways:  All the people on TV  are blowing hot air to try and scare people at the behest of their hedge  fund manager bosses and to create a story that fits a pre-defined  narrative.  The SEC doesn't give two shits about you and isn't spying on  you (but that plumbing van that's been outside your house might be a  problem - your wife's boyfriend might have gotten a boyfriend), and you  can take off the tin foil.  Unless you're long REYN, in which case  you're probably helping your Boomer stock oh-so-slightly, Randy.
+
+TL:DR:  Securities Fraud requires fraud, which requires intent, so
+
+🚀🚀🚀🚀🚀  = fine
+
+💎🤲 = fine
+
+🌈🐻  = not just fine but necessary
+
+🦍🤲💪  = just good strong community bonding
+
+**Having  a Gamestop badge and saying the stock is going to $420.69 = You might  want to start practicing the doctrine of Shut The Fuck Up Fridays**
+
+Source:   Skinny man with halitosis who claims he went to Cornell.  I never  bothered to do an educational background check on him, so he might have  graduated from the same correspondence school that Saul Goodman went to.
+
+All my love,
+
+Chad Dickens
+Hey everyone,
+
+​
+
+I'm in my upper twenties and my recent birthday lit a fire in me to get more serious about my financial future. I graduated from college nearly debt free in my early twenties but did not have a good job with benefits until recently. This led to me feeling like I am behind the curve of where I should have been had I gotten a good full time job straight out of college. I do have two rentals and a 401k (investing enough to get full company match) and pension (will be vested after 5 years) but I still feel as though I wasted ten of the most important years of my life in terms of financial investments go. I want to make up lost ground in my thirties and I want to avoid pitfalls that you may have encountered. What mistakes did you make that you would tell other about? What do you recommend for people like me who are late to the game that could help me make up ground? Appreciate your advice.
+
+​
+
+EDIT - Great advice guys. I upped my 401k contribution to 10% and I started an IRA on Vanguard (i think). I put that I wanted to invest $2000 (all I can spare right now). Vanguard is showing me that I have a Roth IRA account but is the money actually in it or do I have to move the money from my market settlement fund? 
+No one on BSC is making the progress the BogTools development team is doing right now. The product is unique, the tokenomics are sound and it will revolutionise the way people interact with all BSC tokens and decentralised exchanges.
+
+I think it's worthwhile clarifying that I'm no big player, I am a small bag holder when it comes to $BOG, or any crypto in general. My nominal profits when this project skyrockets (when, not if) will not be life-changing, however I consider myself responsible to amplify the huge potential I saw in this project to anyone looking to invest their money into something that can easily use its own technological capabilities to promote itself.
+
+# What is BogTools?
+
+**BogTools** is a BSC smart contract which provides decentralised on-chain oracles and code execution on the BSC blockchain. Every transaction of of the project's native token, $BOG, prompts the smart contract to execute commands on the BSC network based on information acquired from the transactions.
+
+To put it simply, BogTools can be used by anyone, both retail investors and developers, for different but equally promising functions. A great example of this is BogCharts.
+
+**BogCharts** uses the BogTools oracles which provide live price updates to create live price charts. These charts are truly live, as the price information comes straight from the blockchain, removing the middle man, and can be used completely for free by retail investors, contrary to many existing services which either lag behind the true price, or charge a fee for retail investors to use their service or even both. BogCharts can be deployed by BSC coin developers who will pay a fee for the service in the native currency, $BOG, supporting the $BOG ecosystem.
+
+**BogLimit** is a BogTools project that has huge potential for BSC, as it will allow users to place limit orders on BSC decentralised exchanges (PancakeSwap, etc.), again using the fool-proof BogTools oracles for price updates, ensuring that the limit trade order actually goes through and is not missed due to irregularities in price tracking.
+
+**BogRNG** (RNG: Random Number Generation) can be used for deploying ARGs, casino games and lotteries. BogRNG uses an off-chain function as a mechanism to hash and compare a randomness request made by a user with the number that is already stored on-chain to make sure that the whole process is truly random and fair.
+
+**NFT - ARG**: The project has already seen its first ARG (Alternate Reality Game) on [bogged.finance](https://bogged.finance) which included the generation of a shame token, $NGMI, issued to anyone who sold a share of their $BOG holdings. This token is non-tradable from the user's wallet and acts as a disadvantage for the next stage ($NGMI holder has 20% chance of losing their NFT, Sminem) and possibly for future ARG endeavours of the project.
+
+A brand-new native NFT marketplace will be launching very soon. The first set of 500 exclusive NFTs were distributed among $BOG stakers which in the upcoming days will be submitting their designs for their custom NFT, Sminem. The developers plan on making the NFTs released under BogTools useable, whether that be gamifying them (collectibles that can be used in on-chain deployed video-games) or even giving discounts to products and exclusive access to $BOG-related websited to NFT holders.
+
+TL;DR, BogTools is a smart contract platform with the potential to become mainstream on BSC, bound to attract attention from [big players](https://twitter.com/cz_binance) in the crypto space.
+
+# This sounds complicated, what's in it for me?
+
+Every piece of technology developed by the BogTools team is in one way or another designed to be beneficial to give the $BOG holder privilege over others. Essentially, by buying $BOG you are supporting a project whose main goal is to offer holders an **easy, useable** and **fun** experience in the crypto world, while also having immense potential for profits to be made.