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+
+I told them that they can bill my current insurance for the cleaning today and I would speak to my father regarding the previous debt.
+
+I do not plan to go back to this dentist, this is very shady and I find it odd that they would lose me as a patient over an 100 dollar balance from 17 years ago. Trying to collect from a then minor is rather sad.
+
+Question, what power does the dental office have in this situation? Can they possibly send me to collections over a balance from when I was 6 years old? I'm now 22 for what it's worth.
+
+Also, this is NJ if it matters.
+
+Thanks!
+
+Edit: Wow this is getting more attention that I expected, thanks for everyone's replies so far, still reading!
+
+Edit 2: Wow even more posts, I'm still reading them all, thanks again for all the advice.
+I get tired of this. I live with my gf. We have a dual income household. Both of us make decent money but nothing major. We have been priced out of the housing market. We do not have the means right now to bring a kid into this world. Just the birth itself at the hospitals comes with insane costs. We are saving for our future right now and to enjoy life ourselves to travel and experience new things. A kid would completely drain those savings and completely cut off the social life we have.
+
+This is not selfish. Quit telling us such. Her sister says she wants us to have kid(s) so she can spoil them. Parents want us to have kids so they can have grandkids. That thinking is selfish. You want people who are not ready for kids to have kids for your own enjoyment. And no, I don't care if I am one of the last male grandkids in my family and our surname might die with me. Who cares.
+
+There is a reason why the younger generations are having kids at a much lower rate than older generations. Have you checked the rent prices/cost of living in general vs salary.
+
+Not to mention all the added stress and time consumption a kid brings.
+Could anyone provide insights on how does it exactly work, when a company is listed on multiple stock exchanges: is it the same stock being listed? it's a different entity? what is the reason for multiple listing, more liquidity, access to more investors? How is the stock price maintained at the same level on multiple exchanges? Thank you all in advance!  
+
+
+Update: additionally how are foreign companies stocks trading on the NYSE/NASDAQ regulated, e.g. Chinese stocks; what happens if they report false earnings or commit any kind of financial fraud, how can the SEC punish those players?
+**someone fucked up and computershare exposed it all!**
+
+Initially going over the SEC report the first thing that popped out is the disclaimer. That it is just a report. That it doesn't really matter.
+
+Second the term "Generally is used over and over.
+
+the rise in price was organic and not a squeeze.
+
+Then Fractional Share Section. I never understood how you can partially own a partial ownership of something. Technically you can't. Which further proves the point you do not own what you hold in the broker. You do not even know if the little number on your app screen really represents ownership at all. Its really just cash value with a paper-trail behind it.
+
+Really nice move for Gary to put it in the front.
+
+​
+
+Fractional Trading:
+
+some information I want to point out in the following images
+
+* these are all from the SEC website
+* Fractional Shares give the investor the ***ABILITY*** to purchase less than one share of stock
+* stocks do not trade on exchanges in units less than 1 share
+* trades may only be reported to a trade facility in multiple of one share.
+* Broker-dealer fractional share programs typically involve the broker-dealer maintaining a separate account in which it either aggregates customers together to form a full share (e.g., one customer buys .25 and another buys .75), or uses its own capital to purchase/sell a full share and give its customer the fraction (e.g., one customer buys .25 and the firm puts the remaining .75 into the special account to satisfy future customer fractional orders).
+* Customers generally cannot transfer these factional shares to another broker-dealer
+*  **Some brokerage firms have indicated that they do not guarantee the liquidity of fractional shares, even if fully shares of the stock are liquid.**  This means you may have difficulty selling fractional shares in certain circumstances and could potentially lose money on the investment. 
+* "Manning rule"  (cannot purchase ahead of investor)
+
+​
+
+[SEC REPORT 10\/14\/10](https://preview.redd.it/u8tztmuyypu71.png?width=728&format=png&auto=webp&s=f341580510159f3b708ed3d6716dfb6a01d2e4e5)
+
+[SEC REPORT PG.7](https://preview.redd.it/dqdi7fuyypu71.png?width=705&format=png&auto=webp&s=5ebab761c95dba7d335efffc921b825fb3861229)
+
+​
+
+[LINK IN FOOTNOTE 17 on fractional sharing](https://preview.redd.it/zgn3dr43zpu71.png?width=580&format=png&auto=webp&s=7536008f57dfaa04a24232c1dff82f804bac8569)
+
+​
+
+​
+
+https://preview.redd.it/qr5i0huyypu71.png?width=799&format=png&auto=webp&s=54e396e237ddcccc97e7a63502166246f57653f4
+
+​
+
+What is a Fraction? Well its less than one? 
+
+But can a fraction be more than one? no it cant but, i do believe a 1.0  can be lumped with a fraction, to make it a fraction. Ill explain.
+
+Lets define Fraction as:   0>1.0  (less than one greater than 0) 
+
+and also:  <1.0  ( greater than one) but not equal to whole numbers
+
+​
+
+lets take a dive into the way I bought GME and the way the order was executed.
+
+My very first TRADE of GME Stock
+
+​
+
+[This is how I placed my TRADE through the Robinhood App. 1 order 1 transaction. Nothing fishy right? Keep this in mind.](https://preview.redd.it/v8cqhk4mlou71.png?width=776&format=png&auto=webp&s=a0b59217abcfa73f960b4683a45970b3127594af)
+
+​
+
+​
+
+[RH Statement which shows how my TRADE was executed. Nothing? ](https://preview.redd.it/g6thcpodmou71.png?width=960&format=png&auto=webp&s=da457f384a1942c589069300f289e77f8d85e9b2)
+
+​
+
+Here's my Next Purchase of GME the same Day
+
+​
+
+https://preview.redd.it/sgcdurm8oou71.png?width=760&format=png&auto=webp&s=145381cad6cc8b137ce2cf5bc5d3ac054ad7017f
+
+​
+
+[I left the previous purchase so you can see it. Do you see the problem with this picture?](https://preview.redd.it/8klcekploou71.png?width=1051&format=png&auto=webp&s=f74add14bc7a5a74863744472f539aaafb41b968)
+
+The Second Trade is broken down into two transactions. (1) for .99928 share + (1) for .232417=1.231697
+
+Fractions gives me the ABILITY to buy fractions, not the obligation to benefit the broker.
+
+So what's wrong? Two transactions doesn't seem out of the ordinary I guess, I mean it equals the same amount of shares.
+
+WRONG the problem is this: Remember that Robinhood has to keep a separate account for fractional shares. That meaning I don't get my one share + some. **I get two shares both not equal to one. I don't get credited my share. In reality, RobinHood puts that money into an account and DOES NOT HAVE to buy this share until they have an exact match to close it. This amounts to (2) fractional shares for them to manipulate.**  
+
+**If robinhood is for the investors they would have put this as 1.0 share + .231697 share so I am holding at least one whole share, especially if they know fractional shares are "not as valuable or liquid as Fractional shares".**  
+
+Theory that RH trades down to the .xxxxxx 
+
+1. because its harder to match. 
+
+2. Trading down to the .xxxxxx fraction can take the value of the asset to the sub penny- deeming unable to trade on the lit market.
+
+Now How about that first TRADE. That TRADE now stinks. I dont see two transactions. There is one. Not one for a whole share. This is where I determine 1 share is batched with a fraction. It doesnt have to be purchased and the money then goes to an account. 
+
+What the fuck is going on here? Listen with me as Fidelity and Robinhood clear the air:
+
+ disclaimer: this was a device that just happened to be recording while I was on the phone. Unable to transfer. I video recorded them, please mind the editing and quality. entertainment purposes only😉
+
+[RobinHood:      :57, 1:30, 1:48, 2:07, 2:13,      3:33 Cash, 4:15 Cash, 6:40, 7:00 cash](https://reddit.com/link/qcigha/video/d58adt3i4pu71/player)
+
+​
+
+[Fidelity 3:38 3rd party visas,    4:12, 4:25](https://reddit.com/link/qcigha/video/dknfl7lx9pu71/player)
+
+So we can kind of clearly hear that cash was traded over to look like whole shares! Robinhood was **NOT** selling fractional shares to **BUY** whole shares to transfer to Fidelity. Fidelity was taking them in the back office and making them look like whole shares in the front office. This is market manipulation and collusion to drive down the price. RobinHood did not buy my shares when I purchased them. They busted them up as fractional shares and put the money into 3rd party visas. ***True synthetic shares***. able to trade any way they please. 
+
+​
+
+​
+
+[This was honestly my first time seeing something weird. Notice the GME Transfer 9\/29 from Rh-\>Fidelity is for \(cash\). I asked if this was cash instead of shares when I saw this and the question on \(call to transfer to computer share\)10\/04\/21 was brushed off. I didn't bring it back up](https://preview.redd.it/he5i6wqmepu71.png?width=1910&format=png&auto=webp&s=ee45b81930fa4e5b627c409f871a3c74c79f6a92)
+
+all of my purchases and sales of gme from robinhood so they can be compared to computershare
+
+|My RH Order|execution per Robinhood statement|
+|:-|:-|
+|8/26/21 (1.994947 share) Settle-8/30/21                    @ $203.85|1 order  (1.994947 share)|
+|8/26/21 (1.231697 Share) Settle 8/30/21            @ $204.51|2 orders  (.99928 share) + (.232417 share)|
+|8/27/21 (.493205 share) Settle-8/31/2021         @ $201.64|1 0rder  (.493205 share)|
+|8/30/21 (1.024489 share) Settle-9/01/21            @ 213.77|2 orders  (1) + (.024489 share)   👀 later...|
+|8/31/21 (.436097 Share) Settle-9/01/21             @ $213.26 |1 order  (.436097 share)|
+|9/08/21 (1 share) Settle-9/10/21                          @ $182.80|1 order ( 1 share)|
+|6.180435 total share||
+|Sell  9/10/21 (3 shares) Settle (9/14/21)|1 order ( 3 share )|
+|3.180435 total share ||
+| 9/15/21 (1 share) Settle-9/17/21                         @ $197.36|1 order (1 share)|
+|4.180435  Total share||
+|9/24/21 ACAT tranfer to Fidelity||
+
+On 9/21/21 I began the process of transferring my assets to Fidelity. From Fidelity I transferred 3 of my shares to Computershare. Planning on leaving one to sell out of Fidelity in a MOASS situation. my remaining share has already begun the process of moving into the nest.
+
+BTW: robinhood made me sell my .180435 share because they apparently don't transfer fractional.
+
+Here's how my shares are now being held at Computer Share because this is how ROBINHOOD sent them to Fidelity. Robinhood doesn't know how this happened! With the First date being almost a month before I ever traded GME
+
+[Computer share stocks. transferred from Robinhood to Fidelity to Computershare](https://preview.redd.it/fhn33b3tdpu71.png?width=1920&format=png&auto=webp&s=57e13791a89228f88d01771c5ae3e956f3b42d29)
+
+Ill leave with these behind me
+
+[quite the situation](https://reddit.com/link/qcigha/video/j2s1o1ectpu71/player)
+
+​
+
+[make a call](https://reddit.com/link/qcigha/video/rp6ir69fvpu71/player)
+
+​
+
+[poof they're gone.](https://reddit.com/link/qcigha/video/0eaxieotwpu71/player)
+
+​
+
+​
+
+​
+
+​
+
+​
+
+not financial advice
+I'm at a point where my portfolio has appreciated to the point that I can sell roughly half my portfolio to pay off the remaining mortgages on the other half. Real estate is not my life, it is a side hustle and the idea of having them paid off is a bit of a relief. 
+
+Those of you who've taken the plunge to not maximize ROI, do you regret it?
+I’m fairly new to the RE Investment business and to this sub as well. I have been lurking the posts in here for about a day and I became very curious as to how you all got your starts. I really wanted to share my start, and get feedback from more experienced investors, so it works out great. 
+
+Where did your starting capital come from? What type of property did you purchase? How old were you? Etc.
+
+I’ll go first. 
+
+I started my business this year at age 20. It consists of me and a longtime friend of mine who has a real estate photography business of his own. We are looking to focus on wholesaling and minor flips from foreclosed properties. A majority of the starting capital came from my and my life savings. I have been working and saving since I was 15 for this opportunity (I watched a lot of HGTV). I won’t mention exacts, but we started with less than $45k. We purchased our first property (single family 4bed 2bath) in October, and am currently in the process of selling it for a $30k profit. I know it’s nothing too crazy, but enough capital to increase that margin for the next property!
+
+I look forward to hearing the other responses. I am more than excited to finally achieve my goal of being a real estate investor.
+I know everyone says don’t get an apartment. Putting aside investing and making a profit. 
+
+Would you buy an apartment as your first property solely to live in?
+So, as we all know, technical analysis is an extremely useful and accurate way to predict price movement over time. However, most people fail to use it correctly because they lack the skills to recognize great set ups. Triangles, wedges, cups and handles and flags and pennants and everything else you've been told to use might work 40-50% of the time, but what if I told you that there was an **extremely rare,** ***EXTREMELY BULLISH*** chart pattern that you've never heard of?
+
+I introduce to you: the "Stegosaurus Under a Rainbow". Charts this bullish are almost always the stuff of fantasies, but as of the 7/20 daily candle's close, Bitcoin has broken out of its spiked tail range and will soon be on the move to ATH.
+
+[The \\"Stegosaurus Under a Rainbow\\" Chart Pattern](https://preview.redd.it/dy75jbb9xoc71.png?width=2709&format=png&auto=webp&s=cac507100746399656e9258ea0892ff18ff5174c)
+
+So, how does it work? Glad you asked. First, we start with the formation of the head, and most notably, the eyeball. The uptrend into 2021 began to reverse and form the neckline, which ended in mid-February. The long wicks in January, one green and one red, form a level of support perfect for this little guy's eye to sit at. But, the formation of the head + eye do little on their own, so let's move on.
+
+During the massive bull run, we see BTC in a strong uptrend, creating higher highs and higher lows between February and the end of May. These form the iconic scutes, (the bony plates on its back) and lead us  gently into the consolidation phase, the spiked tail.
+
+Before I forget, the rainbow is an often overlooked feature of this highly technical pattern. In order to be confirmed, there needs to be a touch from the candles in the head range, the tail range, and each and every scute. Although we almost didn't get the last bounce from the tail spikes, it managed to eek out two bullish days in a row and close the rainbow.
+
+The most delicate and most important phase is the final consolidation down Mr. Stegosaurus' spiked tail. These choppy movements are volatile and difficult to trade, but somehow the candles managed to outline an exceptionally strong tail.
+
+The nearly 8% swing on the 7/20 candle broke out to the upside of the tail range and confirmed that, beyond a shadow of a doubt, Bitcoin is about to take off and reach ATHs very very soon.
+
+See you all at $75k!
+Ledger's CTO saying he's not aware of anyone working on XVG integration here: https://www.reddit.com/r/CryptoCurrency/comments/8c0nme/verge_owners_are_now_selling_the_xvg_raised_for/dxbr3fd/
+
+Be careful guys, 18,6m XVG already left the fund to Binance and the Verge team said it's to pay Ledger. That's a massive red flag. Now also think that out of the 76m XVG raised, 90% of that was donated by Verge's partner, TokenPay. So, it seems they might be moving the funds donated by normal users to the exchange. I'm not saying this is an exit scam, but it looks bad.
+Hey guys, I am a college student and want to invest about 200 € per month into ETFs. I create an DeGiro account, because there I can buy free ETFs. Now I was wondering if you could give me some advice on what the best free ETFs are to buy on DeGiro and what I should look for.
+
+[https://www.degiro.ie/data/pdf/ie/commission-free-etfs-list.pdf](https://www.degiro.ie/data/pdf/ie/commission-free-etfs-list.pdf)
+
+​
+So I just realized they banned GME from another thread.  At first I assumed it's because they were sick of GME spam.  I went to see what's being pushed over there since I haven't visited in ages.  I clicked on a few posters on the front page, and low and behold: bots and REALLY suspect accounts spamming the same links everywhere on Reddit.  It's literally the same 5 stocks being spammed.  Don't just blindly believe me, go look yourself.  I also noticed a lot posts have really little activity.  Yet there are 10 million subscribers...  It's scary how an uninformed person can visit WSB after watching something like CNBC and just lose all their money.  Is this their new way of ensuring retail always gets cheated since they know the younger generation doesn't follow boomer news?  These guys are really scum of the Earth.
+Looking at getting into one (or both). I know SOXX has a slightly higher expense and SMH holds more TSM. Curious if anyone has any strong feelings over the other and if it is too late to get into the party?
+Hey all currently invested in VTI, VXUS, and BND. I want to add ARKK because it has the companies I buy and use from everyday.
+
+Would this be a bad idea due to its volatility? 
+
+Thanks!
+I'd like a better understanding of what drives an ETF's market value. I initially assumed an ETF's value was 100% attributable to its holdings and that it would fluctuate proportionally to whatever its holdings are.  Can someone explain this in better detail?  
+
+​
+
+​
+
+​
+
+​
+
+​
+
+​
+For someone who wants to start investing in ETFs, is this not the best time to do so? I know "Time in the market beats...", but seriously what do you guys think about the current timing? Literally most of the ETFs are absolutely at their peaks. Do you think waiting for a couple of months would be more ideal? What are your thoughts for someone who has 15k handy and is looking at a minimum 10 year timeline?
+Im almost positive there will be a bear market in the next few months, about 3-4 months. Is there any ETFs that thrive in a bear market that do well in the few month time span? This will be greatly helpful if someone can answer.
+Sorry if this is a repetitive question, my kids ( 7 & 8 year old boys) want your help to pick out an ETF. They have 1k each, please keep replies kid friendly they will read all replies
+Hello! I am 26, finished my grad school in May, been working full time since. I have around 6 months of emergency funds and I'll start paying my student loans next month but I don't wanna miss out on investing.
+I wanna start small, something around $1000 initial then every month whatever I can.
+I am thinking of investing in some ETFs. Interested in the VOO/VTI, QQQ, VXUS.
+I was thinking of putting atleast 70% in VOO/VTI and rest divide it in QQQ and maybe VXUS.
+
+Also, I'm torn between VOO and VTI. I know it's not worth thinking too much about these as they pretty much the same. But I'm inclining more towards VOO as VTI I've read can by volatile and I'm horrible with stress management.
+Please give me some advice on how to start off with the investment. My company does 401(k) match so I'm gonna invest through Vanguard.
+
+Thanks!
+I’m 37, have a fully funded emergency fund, no debt, just started a 529 for my 3 month old through vanguard, and max out my Roth IRA. 
+
+I don’t own any stocks or funds outside of the above. I’ve been researching and reading the advice you guys have provide and would like some insight!
+
+I’m m aiming for a more aggressive fund that’s not too complicated since I’m still learning but ready to jump in. 
+
+Can you please let me know your thoughts?
+
+Large cap - vti or voo - 40%
+
+International - Vwo - 30%
+
+Small cap - vbr - 30%
+The 3 main strategies I seem to see online when it comes to rolling options you've sold that haven't gone your way are
+
+​
+
+1. **Don't roll.** You should have picked a strike and a stock you were comfortable with. Take assignment / let shares get called away. You keep your premium and your accounting stays simple. You can always wheel the underlying if you want back in / out later.
+2. **Roll for a credit or at least to break even.** If you have to push the DTE way out, so be it, but just don't lose money. Keep good acccounting and continue rolling to better strikes / dates when the underlying moves in your favor. A lot of trades can eventually be salvaged.
+3. **Buy back your losers before expiration.** Expecting to win every option trade even trading at a high % OTM is unrealistic. If you buy back the option, you take a small hit, but your capital isn't tied up and you can quickly move onto the next trade.
+
+​
+
+I kind of like the simplicity of the first strategy, but I can see the merit of the others. Is the answer a combination of these strategies? What do you guys think?
+I went into the r/wallstreetsilver subreddit and analyzed comments and posts. I found that 80% of them came from accounts mostly created in the last 2 days. Pretty suspect.. who do these people really work for?! 
+
+I also spent 3 hours of my life going through each post and calling them out on their new accounts. 
+
+Stick to the gameplan, we can focus on silver after. 
+
+Positions: none. My GME covered call got assigned at $14 back at the end of December. Fml.
+This year has been a rollercoaster. I was losing my shit below $400 but now I feel completely immune. It's not like I have a small amount in the market, I just have faith it will come back in the next 5 years.
+I often have shifts with a lot of downtime that allows me to use my laptop. I was wondering if anyone had any practical ideas for things I could do online during this downtime to make some extra money?
+Any idea why this would happen over 9 years? Number or trades is 220.  Seems like you could just get a higher return by just buying and holding AAPL or TSLA.  Would it make sense to leverage options with a 72% win rate?
+
+Also, does anyone know where you can backtest options?  Im not even sure that data exists?
+Title really says it all. 
+
+I first got into stocks through an investing competition held in my country for highschool students and it really was an exhilarating experience. During that time, I joined a bunch of stock related subreddits, including this one, to learn from the best. Lurking around, r/algotrading was probably simultaneously the most confusing yet astounding one of the bunch and it truly peaked my interest; all your projects are so inspirational and I can't even fathom the time and effort they took. Now that we're quarantined, I figured this is probably the best time to actually try my hand at this. I don't expect to get this to work anytime soon but it would so cool if it did - like, I would've made that!! 
+
+Honestly, I would appreciate any general advice or recommendations for books/courses/videos. I am familiar with python and certain libraries including pandas and matplotlib, but aside from that, I'm really in the dark. I can't wait to learn from you!
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+So a stock I invested in got delisted last year. They went private on purpose. It is an Irish based (but actually mostly US) company called Mainstay Medical. If all goes well they'll most likely go public again at some point in the future, most likely with a US listing.
+
+Now my EU based broker (DeGiro) kept the stock listed in my account for the shares I own (worth a couple of thousand euro's when i bought them), but the worth was set to zero and it was marked non-tradeable. I was told by customer service the line was still in my account because "our custodian still keeps the record of stockholders".
+
+Now fast forward 15 months and they removed the line from my account today. So basically I now feel pretty vulnerable and like I need to make sure my ownership of the shares can still be proven and remains intact. Of course I sent my broker an e-mail already and waiting for a response, but I would appreciate some more input. I'm pretty sure my broker can basically tell me to figure it out myself now, because they have nothing to do with this company anymore. 
+
+So my question is, does anybody have experience in this field and know the proper course of action for me? There is lots of info on Google about stock delistings, but I find nothing about how to assert your rights when you're all of a sudden a private shareholder. Who even keeps the record or knows who owns which shares at this point? I guess I can simply contact the company myself, but I would like to know what I need from them and what to expect from them before I do that.
+
+EDIT: To be clear. This company delisted but left all the shareholders intact. The shares were not bought back to then go private and the company didn't go bust.
+
+**EDIT2: Here is the press release from when the delisting was finalized**
+
+*In accordance with the terms of the Scheme, ordinary shareholders of Mainstay Medical International plc ('Mainstay') at 6.00 p.m. on Thursday, 4 June 2020 will be issued with one Mainstay Holdings Share for every Mainstay plc Share held at such time. Shareholders who held their Mainstay plc Shares in uncertificated form will have their CREST accounts credited with their entitlement to Mainstay Holdings Shares on Monday, 8 June 2020.*
+
+*Shareholders who held their Mainstay plc Shares in certificated form will be issued with share
+certificates in respect of their Mainstay Holdings Shares in June 2020.*
+
+*Shareholders are advised that all instructions, mandates, elections, communication preferences and group requirements relating to notices and other communications in respect of ordinary shares in effect on 5 June 2020 will, unless and until varied or revoked, be deemed to be valid and effective mandates or instructions to Mainstay Holdings in relation to the corresponding holding of Mainstay Holdings Shares.*
+
+*Cancellation of listing of Mainstay plc Shares*
+
+*The Mainstay plc Shares will be delisted from trading on Euronext Paris and the Euronext Growth market of Euronext Dublin with effect from 7.00 a.m. on 8 June 2020. Mainstay plc Shares in uncertificated form have been disabled in CREST.*
+
+**EDIT3:** I guess I'm getting some clues from the press release myself as I posted it. I just found that "CREST is the central securities depository and settlement system for the UK and Ireland." I'm assuming I had uncertified shares, held at CREST on behalf of me (in nominee) in the name of my broker DeGiro. So I guess I need to start there and ask for these shares to be put in my name somehow.
+
+**EDIT4:** My broker said they won't transfer the stock in my name but it's still registered at CREST on my behalf, using their custodian entity (separate entity that holds all customer assets). If the stock ever becomes publicly listed again they said I need to contact them and they'll transfer it back to my account so I can sell it myself if I want. I guess this is fine, but in the meanwhile it won't show up anywhere in my account. Guess I'm saving the e-mails discussing this with customer service for the long term...
+Thought it was interesting considering the influx of ac posts we have seen recently  
+
+
+[https://www.theglobeandmail.com/business/article-air-canada-looks-to-raise-more-than-1-billion-to-boost-cash-position/](https://www.theglobeandmail.com/business/article-air-canada-looks-to-raise-more-than-1-billion-to-boost-cash-position/)
+
+​
+
+>!Air Canada is hoping to raise more than $1-billion in share and debt offerings to bolster its cash position amid the financial devastation of the COVID-19 pandemic.!<
+
+>!The airline says it has launched a public offering for about $500-million worth of Class A and Class B voting shares.!<
+
+>!It has also started a private placement of unsecured convertible notes – a debt security that allows the owner to convert it into a shares – for a total of about $550-million.!<
+
+>!The stock and debt offerings include an overallotment allowing the underwriters to buy an additional 15 per cent of the shares or convertible notes.!<
+
+>!Air Canada says the net proceeds will bolster its cash position and provide it greater “flexibility” to manage the impact of the health crisis.!<
+
+>!The airline said on May 4 that it had $6.5-billion in unrestricted liquidity after drawing about $1-billion in March from its revolving credit facilities.!<
+
+>!The carrier lost more than $1-billion last quarter and grounded the vast majority of its fleet as travel demand stays at near rock-bottom levels while fixed costs persist, including aircraft leases, insurance and maintenance and hangar fees.!<
+
+>!Completion of the offerings will be subject to various conditions, including approval from the Toronto Stock Exchange.!<
+
+>!TD Securities Inc., JP Morgan Securities Canada Inc. and Citigroup Global Markets Canada Inc. are acting as joint managers for the share offering and JP Morgan Securities LLC, TD Securities Inc. and Citigroup Global Markets Canada Inc. are joint managers for the notes offering.!<
+I am, by no means, a pro trader.
+
+Every day, I learn something. My journey started in 2020, and I am not there yet.
+
+However, I have talked to over 50 daytraders during this time and asked for help/advice/guidance.
+
+Here is what I have found:
+
+* There is NO SECRET SAUCE: no indicator can make you rich.
+* Day Trading is more about Personality: We trade differently. even, in real-time, if 2 people are talking live with each other, the way they perceive Price Action will be different. And those small differences matter.
+* Sharing/Giving: Not everyone wants to share. I recently talked to a so-called "successful" trader and this is what he said, "I have a secret code that helps me take 90% profitable trades". To me, that is a red flag. Run! However, there are some genuine people out there who want to share because they believe sharing helps learn more, and improve.
+
+These are just my thoughts. Please share yours.
+Microsoft are gearing up to go after the payment space, currently inhabited by Paypal, Google Pay & Apple pay.
+Facebook must also be eyeing up this space. With Whatsapp, they could dominate this market, just by snapping up Coinbase or Circle.
+
+This Starbucks deal is going to force their hands. 2018 could end up being the year the big guns in Silicon Valley make their move.
+Title is pretty self explanatory, my mums been with her current employer for 25 years and as such was entitled to a one off £300 bonus - happy days.
+
+Since then she's noticed more £300 payments paid into her account every month since August. She's raised it to her management who don't seem to be interested and her bank don't seem to be doing much about it either. 
+
+Now while this definitely falls into the "good problem" category I've told her to go to her HR dept as they should be able to get to the bottom of it. 
+
+While the first few payments had a reference making clear it was coming from her employer the most recent payment hasn't which has set alarm bells ringing for my mum who's pretty keen to pay back what seems to be some sort of error.
+
+Has anyone else been in this sort of situation, do you have any advice?
+Fellow shareholders,
+
+​
+
+I am a \[100% direct registered asshole\]([https://imgur.com/a/O6zfzSq](https://imgur.com/a/O6zfzSq)) who quests ongoingly to contact GameStop Investor Relations regarding a question I've had ever since taking a close look at the 6/9 election results.
+
+​
+
+I finally made it up to GameStop's headquarters in Grapevine, TX to personally deliver my notarized demand under oath this Tuesday.
+
+​
+
+Reception staff was friendly and professional. She said that GameStop doesn't have an on-site person who handles shareholder relations, but that she would forward my submission to the legal team. She noted that "we've been getting a lot of these lately", referring to my notarized demand, "and they all look the same". I asked how many "a lot" is -- about one a week, and I was the first one this week. So there are definitely apes beating down this path who are NOT TALKING ABOUT IT ON REDDIT.
+
+​
+
+My delivery starts a count of 5 business days that GameStop has to respond to my request for information. If they don't, I can escalate my concern to the Delaware Court of Chancery. They can compel GameStop either to furnish me with the requested information or to allow me to inspect their records to obtain it, as well as to make copies of it.
+
+​
+
+Unlike more polite apes, I don't give a fuck about taking my favorite company to court, so we may just all go on a little journey here, unless it costs a lot, in which case we might not.
+
+​
+
+You will know more when I do.
+
+​
+
+Here are links to the information pertinent to my request:
+
+​
+
+[https://codes.findlaw.com/de/title-8-corporations/de-code-sect-8-220.html](https://codes.findlaw.com/de/title-8-corporations/de-code-sect-8-220.html) Regarding the Delaware law to which GameStop Corp. is subject
+
+​
+
+[https://www.sec.gov/Archives/edgar/data/1326380/000132638017000012/ex321\_fifthamendbylaws.htm](https://www.sec.gov/Archives/edgar/data/1326380/000132638017000012/ex321_fifthamendbylaws.htm) GameStop Corp. Fifth Amended & Restated Bylaws
+
+​
+
+[https://news.gamestop.com/node/18956/html](https://news.gamestop.com/node/18956/html) 6/9 shareholder election results
+
+​
+
+Here is the letter I submitted to GameStop. I included a copy of my Computershare Portfolio Balance, which \*\*IS NECESSARY\*\* according to the Delaware law. I also had the letter notarized. It isn't clear to me that notarizing is necessary, just wanted to cover all bases.
+
+​
+
+\*\*Hello GameStop,\*\*
+
+​
+
+\*\*I am a registered record holder of 396.02 shares of Class A Common GameStop Corp. stock. My documentary evidence of beneficial ownership of the stock is the attached notarized Computershare Portfolio Balance, which is a true and correct copy of what it purports to be.\*\*
+
+​
+
+\*\*My petition is being served to GameStop Corp.'s principal place of business at 625 Westport Parkway, Grapevine, TX 76051.\*\*
+
+​
+
+\*\*I request to examine the GameStop Corp. stockholder ledger along with any books or records relating thereto, and to make copies or extracts therefrom.\*\*
+
+​
+
+\*\*I ALSO request to inspect all records and communications relating to the collection, tabulation, reconciliation, and/or adjustment of the vote totals released in GameStop Corp.'s 8-K on June 9 2021, and to make copies and extracts from any books and records relevant to same, consistent with my rights as a registered GameStop shareholder under Delaware law and under GameStop's own bylaws.\*\*
+
+​
+
+\*\*My purpose for requesting this information is to confirm that no mismanagement or wrongdoing has occurred by determining the source of a discrepancy which was reported to SEC in GameStop's 8-K on June 9 2021.\*\*
+
+​
+
+\*\*There is a difference in vote totals between the election of board member Larry Cheng (55,541,280) and all seven other elections (55,541,279). The discrepancy suggests the possibility of human error in manually adjusting the vote total.\*\*
+
+​
+
+\*\*My petition is based on Delaware Code Title 8, Section 220 (b) and on the Fifth Amended and Restated Bylaws of GameStop Corp. Article 2, Section 9.\*\*
+
+​
+
+\*\*Failure to comply with this request within five business days will result in an application to the Delaware Court of Chancery to compel GameStop's cooperation pursuant to Delaware Code Title 8, Section 220 (c).\*\*
+
+​
+
+\*\*Sincerely,\*\*
+
+​
+
+\*\*JASON\*\*
+
+​
+
+\*\*FUCKING\*\*
+
+​
+
+\*\*WATER\*\*
+
+​
+
+\*\*FALL.\*\*
+It’s another day in crypto, and another rug. This time it was blatant and the devs didn’t f\*cking care. If you had followed the story of AstroKitties, you know that we the holders got rekt entirely when the devs started selling the 300BNB marketing wallet for “marketing purposes” and “create better entry point”. Any of you who invested in AK knows the story. I won’t have to clarify it here.
+
+BUT
+
+Our community did not let us down
+
+Overnight, our AstroKitties community did something amazing on our own. We didn’t stay down, we didn’t sell, instead we try to help others that got rekt from the dev.
+
+Overnight, we got the contract RENOUNCED. Devs are gone, and so is the marketing wallet. No one is here to rug you now. Btw dev, I hope you still hold a bag, because we’re about to pump this bitch all the way up.
+
+Overnight, we revived the coin from 300k MC to 1.3m MC (a 4x!!!! without marketing). Numbers don’t lie, MC is still stable. Our COMMUNITY are DIAMOND HANDED.
+
+Overnight, we got a team of 10 brilliant and passionate community leaders that are doing everything they can to save our fellow investors that got rekt.
+
+This is our story.
+
+We got beaten, got rekt, we all lost our life savings in this crypto game. This is the one chance for us to show that the crypto space is still about our people, and our community.
+
+We are asking you to give AstroKitties another chance, because we are now community-owned. DEVS ARE GONE, CONTRACT RENOUNCED. We have had members of the community reviewing the code and indeed it was renounced and not locked.
+
+We are asking you to join us on this community journey, as we reclaim what was rightfully ours. We are rising up to this challenge. Doesn’t matter how much you got beat, we can always stand up. We can always be strong together and achieve new heights.
+
+We have decided as a community, that we are going to tell everyone a story. This is a real story of a community that got ruined by greed. But we don’t give up.
+
+Come join us for this epic journey. I don’t know how the end will be for us, but I am glad that I could embark on this journey together with my fellow AK investors.
+
+Thank you for staying this long, and I hope to see you in our group.
+
+DEXTools chart:
+
+[https://www.dextools.io/app/pancakeswap/pair-explorer/0xfd9c08f02fa7c768c6fbe39b6b29dcae767d03a0](https://www.dextools.io/app/pancakeswap/pair-explorer/0xfd9c08f02fa7c768c6fbe39b6b29dcae767d03a0)
+
+Address:
+
+0x41536dab3bf116d6383b93167d8f36949f2e5278
+
+🛒 Buy on PCS:
+
+[https://www.exchange.pancakeswap.finance/#/swap?outputCurrency=0x41536dab3bf116d6383b93167d8f36949f2e5278&inputCurrency=BNB](https://www.exchange.pancakeswap.finance/#/swap?outputCurrency=0x41536dab3bf116d6383b93167d8f36949f2e5278&inputCurrency=BNB)
+Nobel Prize Lecture Series
+
+The 2015 Nobel Prize in Economics will be announced on Monday, October 12th. In preparation, our Articles of the Week will present the Nobel Prize Lectures from the previous 5 years, according to the following schedule:
+
+*9/11 - 9/14: (2010) Peter Diamond, Dale Mortensen, and Christopher Pissarides
+*9/14 - 9/21: (2011) Thomas Sargent and Chris Sims
+*9/21 - 9/28: (2012) Al Roth and Lloyd Shapley
+*9/28 - 10/5: (2013) Gene Fama, Lars Hansen, and Robert Shiller
+***10/5 - 10/12: (2014) Jean Tirole**
+
+Monday 12 Oct - Announcement
+
+-----
+
+The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 was awarded to Jean Tirole "*for his analysis of market power and regulation*".
+
+Jean Tirole, "Market Failures and Public Policy"
+Link: http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2014/tirole-lecture-slides.pdf
+
+We’re gearing up for the most epic rug pull on the majority of society. What a fucking joke.  At this point it’s utterly disgusting.  I feel bad for all the people out there who are going to get crushed when the market and economy totally collapse. 
+
+I’m fortunate to have accumulated a ton of shares of my favorite company. I’ll be able to secure the financial security of my family and have money to try and help those in need. I will never put a penny back into the US markets.
+
+Wen rug pull?
+I’ve been trading full time now for a yr. 
+
+During this time, I had more false dawns then you can imagine. So many times I think I’ve cracked it but I get burnt in flames when going live. I’ve turned a corner recently whereby I actually have strict rules.
+
+First 3 months I was doing well (I thought I had a strategy - nope, I was just eye balling. 
+
+After a good first few months, I thought I was god, moved into using big numbers, big  size (for me) went from risking $50 to $250 overnight and sometimes 500….still with no strategy (I just didn’t realise at the time, I thought I was a big time trader yo).
+
+As soon as I went into big size, I couldn’t even follow my bullshit eyeballing strategy. I blew up two account within days of sizing up. Thousands lost in minutes.
+
+Prior to this, I had a decent grasp of price action , which had built my account (even with no solid rules or strat) however after blowing the accounts I developed trading ptsd which I still have right now.
+
+Now, I actually have a proven and profitable strategy with rules. Backtested and forward tested and making money on small trades.
+
+I have a new account and I’m now making money, on small sizes but still consistent wins and equity curve. 
+
+The issue I have now is my trading ptsd. Today I have been on the charts for 6hrs, many times my entry came and I couldn’t execute. 
+Some days I just can’t execute and it’s all bc I have ptsd lol.
+
+Has anyone else’s been here? I know it’s psychological, I’ve read mark Douglas etc.
+
+I’m making small wins. 
+
+But I’m very very gun shy. 
+
+Anyone know what I mean? How did you get through it?
+I'm moving on to the next thing and won't have time for this anymore and will be stepping down as a mod. Just wanted to thank everyone for being helpful this past year. The sub has seen great growth in popularity and usefulness. Keep it up.  
+
+If anyone wants to contact me you're welcome to follow/chat with me on trading view.  
+https://www.tradingview.com/u/nate1357/#published-charts   
+
+Thanks! 
+
+We have survived 2020 with our wins and losses. With the year wrapping up I’m personally done trading until maybe 1-2weeks after the start of January. To all the experienced, new, and pandemic babies(people that started their journey during the pandemic). How do you think the market will be in 2021?!
+There are frequent posts here about profitable bots over a few days, a couple weeks or a couple months. Profitability over a short period of time may be exciting, but not necessarily robust.  For the past year, I haven't seen a post of results over a least one year. I don't mean backtesting results which make frequent appearances. I mean live trading results.  Has anybody here been able to achieve consistent profitability for at least a year? How about year over year? How is your live trading results compared with your backtesting results?
+The Court has not yet ruled or heard argument on Gamestop's Motion to Dismiss ("MtD").
+
+BCG requested and received an extension to file a response to the MtD.  According to the online notes from the court, the response was due on Tuesday, but it was not filed.  There is a slim chance that they forgot that the response was due, but I doubt that.  Here is why....
+
+GameStop also had filed a Motion to Transfer Venue ("MTV") to the Northern District of Texas.  BCG is opposing the MTV and timely filed its response, which was also due on Tuesday. My guess is that the judge wants to rule on the MTV first because if venue should be transfered, he'd rather punt the MtD to the Northern District of Texas rather than rule on it himself. It's the smart play by the court.  So it's quite possible that the Court gave BCG an oral extension and the clerk just failed to note it.  
+
+TLDR: No ruling on Motion to Dismiss yet.  GameStop is trying to get the case moved to Texas.  Court will probably rule on the transfer motion by early September. In other words: buy, hodl, and DRS!
+
+Enjoy your weekend Apes!
+
+Edit: in case you want to read BCG's response to GameStop's venue motion
+
+https://acrobat.adobe.com/link/track?uri=urn:aaid:scds:US:ffdcfd9a-ff94-35b3-a0f3-04e2abc753cc
+
+
+Edit 2: [GameStop's MTV](https://acrobat.adobe.com/link/track?uri=urn:aaid:scds:US:9b6cf6d9-9576-3a6b-9b78-429a4dc317ce)
+
+Edit 3: GameStop still gets to file a reply to BCG's response.  It is due on August 2nd.
+Obviously MSFT should be one of the replacements, so who gets the other spot? NVDA seems like a solid candidate, giving us an aesthetically pleasing MANGA index. Who would you consider in the elite ring of big tech and why?
+Monero's richlist - Top 100 Richest Monero Addresses
+
+Top 100  Richest Monero Addresses
+
+​
+
+|**Address**|**Balance**|**% of coins**|
+|:-|:-|:-|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
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+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
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+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
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+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
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+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+|?|? XMR|?%|
+Tagging u/robbieimmutable for further insight/implications (ONLY if you’re able :)
+
+​
+
+Article link: [https://www.prnewswire.com/news-releases/immutable-x-unveils-cross-rollup-liquidity-solution-on-ethereum-with-starknet-supporting-planet-scale-games-with-multiple-layer-2-and-layer-3s-301554372.html](https://www.prnewswire.com/news-releases/immutable-x-unveils-cross-rollup-liquidity-solution-on-ethereum-with-starknet-supporting-planet-scale-games-with-multiple-layer-2-and-layer-3s-301554372.html)
+
+Notable comment from OP’s post:
+
+https://preview.redd.it/if1cvfad7q191.jpg?width=1170&format=pjpg&auto=webp&s=7861d177f8ad3f35af016a24eefc16607539b794
+
+Full Article Text:
+
+# Immutable X Unveils Cross-Rollup Liquidity Solution on Ethereum with StarkNet, Supporting Planet-Scale Games with Multiple Layer 2 and Layer 3s
+
+NEWS PROVIDED BY
+
+[**Immutable X** ](https://www.prnewswire.com/news/immutable-x/)
+
+May 24, 2022, 19:00 ET
+
+*Immutable X Announces Roadmap for Multiple EVM Compatible Rollups to Create Cross-Rollup Liquidity Solution for NFTs on Ethereum*
+
+SYDNEY, May 24, 2022 /PRNewswire/ -- [Immutable](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=3899898308&u=http%3A%2F%2Fimmutable.com%2F&a=Immutable) X, which is powering the next generation of web3 games as the leading carbon-neutral, scalable platform for trading NFTs on Ethereum, today announced its expansion to be the world's first cross-rollup liquidity platform for NFTs, built on StarkNet. This announcement allows players to directly trade any asset matched across multiple Ethereum Layer 2 and Layer 3 roll-ups, solving the liquidity fractionalization problem that occurs with every individual roll-up today and scaling to billions of users. The protocol will facilitate hundreds of thousands of transactions per second, supporting games with hundreds of millions of daily players to truly own their in-game items.
+
+​
+
+https://preview.redd.it/84s81fd28q191.jpg?width=500&format=pjpg&auto=webp&s=83db44129238945dbbfcaab80dec6b09b2211c45
+
+With StarkNet, developers will be able to deploy custom, composable smart contracts, making it easy for projects to migrate L1 smart-contract based games to Immutable instantly. Immutable X will lead the charge in offering L3s to games with more than 10 million active users who require dedicated throughput and don't want to compete for capacity with others.
+
+"This is the future of Ethereum - multiple roll-ups for different purposes and games, each abstracted and unified in liquidity via Immutable X - while never compromising on Ethereum's security," said Robbie Ferguson, Co-Founder at Immutable. "The next billion players can scale across hundreds of L3s, while never losing the liquidity and composability that makes Ethereum the strongest blockchain network in the world. Secure, composable and insanely scalable: welcome to L323."
+
+Ethereum remains the #1 choice for game developers, and Immutable X is focused on bringing the best games in the world to Ethereum. Until now, any web3 project that required both scale and composability had no choice but to choose a less-secure, non-Ethereum Layer 1, which is prone to suffer outages and where assets can incur significant liquidity penalties. Immutable X's mission is to ensure developers don't have to choose between Ethereum's security/liquidity and the UX of their game.
+
+The integration of StarkNet as a new settlement environment on Immutable X removes many previous developer tradeoffs, including the lack of custom smart contracts, complex migration from Layer 1 to Layer 2, and composability. However, it will be a less performant and UX-optimized environment than Immutable X's current application-specific roll-up.
+
+World-class games have different needs, and therefore Immutable X will support multiple L2/L3 zk-rollups for different use cases. This update to Immutable X's platform will allow liquidity to flow freely between these L2 and L3 environments so that the biggest games on Ethereum can build without constraints and achieve true planet scale.
+
+"Supporting multiple roll-ups will increase the complexity of our product but will allow Immutable X to create the strongest ecosystem for gaming content without compromising liquidity," said Alex Connolly, Immutable co-founder and CTO. "Immutable is committed to being the premier platform for solving the challenges that prevent web3 games from reaching a global audience."
+
+"We are thrilled StarkNet will play a key role in helping Immutable X win in web3 games, "said Uri Kolodny, co-founder & CEO, StarkWare. "Our partnership will seamlessly enable world-class games and projects to thrive on Immutable X and StarkNet across L2 and L3."
+
+There are currently many projects in development that point to an exciting future for web3 gaming. Although each project shares the goal of creating a fantastic user experience and building a rich, long-term economy, each also has different roll-up layer requirements. Immutable X's plan to support multiple roll-ups by integrating with Starkware's new StarkNet zk-rollup solution will ensure that the company continues to lead the charge in offering planet-scale for games without compromising security.
+
+**About Immutable X**Immutable X, powering the next generation of web3 games, is the leading L2/L3 scaling solution for NFTs to enable strong liquidity at a huge scale without compromising decentralization or security of the most-used blockchain globally for NFTs, Ethereum. The solution, powered by StarkWare's innovative technology, offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and a fantastic developer and user experience. Immutable X has announced integrations with leading marketplaces and is powering some of the most prominent NFT plays across consumer apps (TikTok), DeFi (SuperFarm), and gaming (GameStop, Highrise, ESL Gaming, Ember Sword, Planet Quest, Gods Unchained, Guild of Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+).
+
+To learn more about Immutable, visit:[ ](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=3783528409&u=https%3A%2F%2Fwww.immutable.com%2F&a=%C2%A0)[https://www.immutable.com/](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=1638740438&u=https%3A%2F%2Fwww.immutable.com%2F&a=https%3A%2F%2Fwww.immutable.com%2F)
+
+Immutable social media:[ ](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=4041185816&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F18693504%2F&a=%C2%A0)[LinkedIn](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=1989124644&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F18693504%2F&a=LinkedIn),[ ](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=1234662542&u=https%3A%2F%2Ftwitter.com%2FImmutable&a=%C2%A0)[Twitter](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=553346832&u=https%3A%2F%2Ftwitter.com%2FImmutable&a=Twitter),[ ](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=1542486755&u=https%3A%2F%2Fmedium.com%2F%40immutablex&a=%C2%A0)[Medium](https://c212.net/c/link/?t=0&l=en&o=3547221-1&h=3000336487&u=https%3A%2F%2Fmedium.com%2F%40immutablex&a=Medium)
+
+SOURCE Immutable X
+
+​
+As the title says imagine you had 10000$ for emergency in a savings account. What reason will you give yourself to not get tempted by the discounted price of the market and stay put and invest only what you have extra or would you rather take a leap of faith and invest it.
+Also WeWork now has a woman on it's board of directors so "Adam" would really like it if you stopped criticizing this shite company. 
+
+[Article](https://www.cnbc.com/2019/09/04/wework-ceo-returns-5point9-million-the-company-paid-for-we-trademark.html)
+Hello Apes around the world! 👋 Another day of sideways action on the US market, but the arrival of SR-DTC-2021-005 surprised many. Prepare your Diamantenhände, [read the fresh DD](https://redd.it/o0scoy), request your bans and join together to watch low-frequency updates from a single German exchange as we prepare for the US pre-market to open!
+
+###🚀 Buckle Up! 🚀###
+
+
+
+
+- 🚀 [US pre-market is open!](https://finance.yahoo.com/quote/GME/) 🚀
+- ⬜ 120 minutes in: **$220.74 / 182,15 €**
+- ⬜ 115 minutes in: $220.74 / 182,15 €
+- 🟥 110 minutes in: $220.74 / 182,15 €
+- ⬜ 105 minutes in: $220.77 / 182,18 €
+- 🟩 100 minutes in: $220.77 / 182,18 €
+- 🟥 95 minutes in: $220.32 / 181,80 €
+- 🟩 90 minutes in: $220.44 / 181,90 €
+- 🟥 85 minutes in: $220.32 / 181,80 €
+- ⬜ 80 minutes in: $220.35 / 181,82 €
+- 🟩 75 minutes in: $220.35 / 181,82 €
+- 🟥 70 minutes in: $220.26 / 181,75 €
+- 🟥 65 minutes in: $220.35 / 181,82 €
+- 🟩 60 minutes in: $220.41 / 181,88 €
+- ⬜ 55 minutes in: $219.62 / 181,23 €
+- 🟩 50 minutes in: $219.62 / 181,23 €
+- 🟥 45 minutes in: $219.59 / 181,20 €
+- ⬜ 40 minutes in: $219.65 / 181,25 €
+- 🟩 35 minutes in: $219.65 / 181,25 €
+- 🟥 30 minutes in: $219.47 / 181,10 €
+- 🟩 25 minutes in: $219.56 / 181,18 €
+- 🟩 20 minutes in: $219.53 / 181,15 €
+- 🟥 15 minutes in: $219.44 / 181,07 €
+- 🟥 10 minutes in: $219.71 / 181,30 €
+- ⬜ 5 minutes in: $219.74 / 181,32 €
+- 🟥 0 minutes in: $219.74 / 181,32 €
+- 🟥 US close price: $222.50 / 183,60 €   *($220.30 / 181,78 € after-hours)*
+
+
+
+FAQ: To generate this data, I'm capturing current prices in Euros at https://www.ls-tc.de/de/aktie/gamestop-aktie and converting to USD. Today's EUR -> USD conversion ratio is 1.21187884. I created a simple C# application that assists me in scraping this data and updates the post automatically.
+
+I'm not trying to permanently take over this tradition, just keep it going for fun on days when u/DerGurkenraspler doesn't start the thread at the normal time. They have been unexpectedly absent recently, but I will gladly bow out of this role when they resume updates.
+
+Many have expressed concern for the founder of Diamantenhände. I continue to attempt to contact him, but have not received a reply. However, I have heard from someone who knows our German friend. They have indicated that he is okay, but has some external factors that he needs to focus on.
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I am 45, own a house (with my wife) and have no debt.
+
+About £30k savings and £60k in my pension.
+
+I earn £70k PAYE and just paid off the house so have started salary sacrificing the salary I don't need right now into my pension.
+
+I take £30k of my salary to live on (this still allows for £300/month spending and £300/month short term savings) and put £40k/year into my pension via salary sacrifice to avoid paying any tax and NI on it. This £40k includes my employer pension contribution.
+
+I assume this is the best use of my money right now as it is very tax efficient and I want another £400k in my pension to give me the option to retire at 60.
+
+I don't know of anyone else putting this much into their pension though; I assume it's just because I live more cheaply than most people but do you think what I'm doing is the best course of action or does anyone have a better idea/see a problem doing this?
+
+Thanks
+I'm a 25 year old male from Quezon City, Philippines. The apartment I'm renting caught fire the day before yesterday while I was out submitting requirements for enrollment in University. I lost everything and the only thing I'm left with are the clothes that I was wearing when I went out, my phone, and my wallet with prescription and some money in it. 
+
+I'm a Secondary Education student, I've worked as a customer service agent for 5 years, and I had a small ice cream business that I lost to the fire. Where do I go for help? How do I start again from this?  I live alone and I'm not in good terms with my parents so I'm not really excited about the idea of asking them for help. My friends pooled some money and I got 25kphp ($508) in total.
+
+I'm totally lost and still shocked from losing everything I have worked hard for years so any advise on how to start over is going to be greatly appreciated.
+
+
+UPDATE: a friend will provide a room for me for now. So that one's out of the way. Thanks to everyone who gave advise on what to do regarding my housing.
+
+UPDATE 2: I have a job interview 2 days from now. Wish me luck! :)
+Hey, just a quick question
+
+I got filled on a short iron fly for Tesla selling the 5/15 735/740p 740/745c. I collected a premium of $4.90 for a max risk of $5 since the width of the strikes is $5 on each side.
+
+So did I understand this correctly that if this trade hits and tesla is close to my short straddle at expiry I will collect almost all of the 490$ credit received and my max loss if one of the legs expires ITM is just 10$ since 500$ max loss - 490$ credit received=10$?
+Due to a mistake in February, I overpaid on my car up to May. I was also able to pay an extra payments worth toward my student loan (which is now under $550). My phone bill is paid until June. I paid off my credit card last month, and though I have put charges on it after, I am able to pay it off now. 
+
+To be honest, I am not quite sure how I got to be in the spot I’m in right now. It may be because my company gave two bonuses to their employees, and because I have worked extra hours at my second job. Those are the only two logical reasons. But I feel like I am missing something. I feel like at any moment, some ugly bull is going to show its face, and it will all come crashing down.
+
+this seems pretty bullish.   
+
+other major financial institutions will quickly follow.   
+
+a lot of people would like to dabble in crypto, but don’t really want to open binance or coinbase act.  also they trust fidelity or wells fargo more.   
+
+the next bull run will be huge if
+these systems are set up in advance.
+Oh boy I hope I’m wrong, but with the article yesterday and then being over 30 today in pre-market makes me think they’re setting up bull traps on options for this week.
+
+I hope I’m wrong but I have never seen so many posts about 30 which pre-split is 120 which is absolutely so low and still a good buy.
+
+If anything I still believe it goes parabolic after $45 as that is the battle of $180 and it *always* seems like they’re losing control when it’s at that price.
+
+This is just my opinion again hope I’m wrong but stay zen, buy, DRS, and hold.
+
+Edit 9:40EST: it seems that I am potentially eating my words, glad to be!
+
+Edit 10:30EST: well after the halt of course it’s back underneath $30 and volume has fallen off. Seems like it was all orchestrated. ‘Member when they came out with the articles about NFT marketplace and the stock popped like 30% after hours, cause I ‘member.
+>Barclays has been forced to withdraw mortgages for certain customers after coming close to breaching a regulatory limit on lending to higher-risk borrowers.  
+>  
+>The UK bank shocked customers last week when it reduced the maximum they could borrow from 5.5 times income to 4.49 times without notice. The change affected borrowers who had already agreed mortgages, putting some property purchases at risk of collapse.  
+>  
+>The decision was made after Barclays came close to a limit imposed by the Prudential Regulation Authority, the banking regulator, stipulating that no more than 15 per cent of mortgages for each lender can have an income multiple of 4.5 times or above, according to people briefed on the decision.  
+>  
+>UK banks have been inundated with mortgage applications in recent weeks as the temporary cut to stamp duty has led to soaring demand for property, with UK house prices hitting record highs last month.  
+>  
+>Barclays said: “We recently announced some changes to our loan-to-income limits. As a responsible lender, we made this decision to ensure we continue to adhere to regulatory obligations.”  
+>  
+>Brokers fear other lenders could be forced to take similar action in the coming weeks.  
+>  
+>NatWest made changes to its mortgages last week, reducing the maximum loan-to-income rate it offered self-employed customers from 4.9 to 4.25 times.  
+>  
+>Brokers added that the Barclays decision came as a blow to borrowers since it covered existing applications — those where an agreement in principle has been made and an applicant may have paid for a survey or legal fees and is waiting for the lender’s confirmed offer to exchange contracts.  
+>  
+>It may also have an impact beyond Barclays’ borrowers by holding up homebuying chains.
+
+[https://www.ft.com/content/a1a0cb39-43de-411a-9fa1-22db4bb0568e](https://www.ft.com/content/a1a0cb39-43de-411a-9fa1-22db4bb0568e)
+
+​
+
+**Interesting move - we will likely see more of this in the very near future.**
+Guten Tag to this global band of Apes! 👋🦍
+
+Yesterday, once again, we witnessed an upward breakout followed by desperate price attack. Of course, the big news of the day (for Apes) was the bullish tweet from Ryan Cohen, flying the Jolly Roger and blessing all of GMErica. Where other CEOs tweet in desperate attempts to smooth over criticism of them paperhanding shares, this Chairman flies the black flag with Diamantenhände. Other CEOs tweet to chase off short sellers, fearing the impact that a well-orchestrated short attack could have on their company's future. This Chairman wishes blessings upon *all* of GMErica, shorts included, as there is zero chance that the shorts will ruin the retail revolution that GameStop is building.
+
+Apes, we are approaching another upward breakout moment, and will be no better time than now to DRS your shares and dial up the pressure on the Shorts when that day comes. It is already difficult for them to find shares to borrow, but the more shares that we extract from the DTCC, the fewer they will be able to use to slow the momentum. I love seeing the flood of purple circles and look forward to many more.
+
+Today is Thursday, February 17th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$127.58 / 112,19 €**  *(volume: 384)*
+- 🟩 115 minutes in: $127.54 / 112,15 €  *(volume: 384)*
+- ⬜ 110 minutes in: $127.35 / 111,99 €  *(volume: 383)*
+- 🟥 105 minutes in: $127.35 / 111,99 €  *(volume: 383)*
+- 🟥 100 minutes in: $127.48 / 112,10 €  *(volume: 372)*
+- 🟩 95 minutes in: $127.64 / 112,24 €  *(volume: 368)*
+- 🟥 90 minutes in: $127.55 / 112,16 €  *(volume: 368)*
+- 🟩 85 minutes in: $127.75 / 112,34 €  *(volume: 357)*
+- 🟥 80 minutes in: $127.74 / 112,33 €  *(volume: 355)*
+- 🟥 75 minutes in: $127.85 / 112,42 €  *(volume: 305)*
+- 🟩 70 minutes in: $127.91 / 112,48 €  *(volume: 305)*
+- 🟥 65 minutes in: $127.84 / 112,41 €  *(volume: 297)*
+- 🟩 60 minutes in: $127.86 / 112,44 €  *(volume: 294)*
+- ⬜ 55 minutes in: $127.79 / 112,38 €  *(volume: 284)*
+- 🟥 50 minutes in: $127.79 / 112,38 €  *(volume: 283)*
+- 🟩 45 minutes in: $127.88 / 112,45 €  *(volume: 281)*
+- ⬜ 40 minutes in: $127.85 / 112,43 €  *(volume: 268)*
+- 🟩 35 minutes in: $127.85 / 112,43 €  *(volume: 257)*
+- 🟥 30 minutes in: $127.82 / 112,40 €  *(volume: 244)*
+- ⬜ 25 minutes in: $127.85 / 112,43 €  *(volume: 229)*
+- ⬜ 20 minutes in: $127.85 / 112,43 €  *(volume: 216)*
+- ⬜ 15 minutes in: $127.85 / 112,43 €  *(volume: 211)*
+- ⬜ 10 minutes in: $127.85 / 112,43 €  *(volume: 196)*
+- 🟩 5 minutes in: $127.85 / 112,43 €  *(volume: 196)*
+- 🟥 0 minutes in: $127.76 / 112,35 €  *(volume: 179)*
+- 🟩 US close price: $128.33 / 112,85 €   *($128.00 / 112,56 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1372. 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!
+So, I'm single 31M (32 next month), debt free, own a car but rent an apartment instead of owning a house due to moving a lot for work.  My post tax income (what goes directly into my bank account after everything else has been taken out) is about 77k, and in the last year (since last November) I have spent 33k, leaving 34k that has gone into either my ROTH or other investments, aside from a small emergency cash fund.
+
+Saving 50% of my income had been my goal since I started working and thanks to raises I've finally achieved it.  I've unplugged from cable, got a phone plan which costs an average of about $15-$20 a month and avoided debt like the plague (although I do use my credit card all the time to rack up reward/travel points, and then pay it off each month).
+
+ However, I still feel guilty as hell when I occasionally splurge my money on unnecessary things.   For example I blew $80 on a mobile game last week and right afterwards I was like "what the hell, that's what I spend on eating out in a month! SHAME!".  I know I can afford it, but I've gotten into the mindset of saving that I avoid spending money wherever I can.  I remember the fax machine breaking down in the office and I had some personal documents I wanted to fax to my doctor.  I waited 2 days for it to be fixed (which it wasn't) before finally going out and finding a public fax machine that I had to pay $5 for.
+
+Sometimes even when you meet a long standing goal that you've been aiming for, it still feels like you have not been doing enough, has anyone else had a similar experience?
+Hey guys, I often come up with this issue whereby I let my emotions lead the way when it comes to taking entries on trades. E.g I mark a certain level for my entry and when price start getting close to the level I start having negative thoughts like what if it doesn't respect the level or what if my stop Loss gets hit. I then don't end up taking the trade. and the level gets respected perfectly. 
+
+How do/did you guys overcome letting your emotions get the best of you?
+DFV AKA TheRoaringKitty AKA Captain hedgefundcrusher AKA The most glorious value investor of all time should be on the list.
+
+This hunk/mancrush is the goat. A legend of legends. The persistent, focused, and friendly attitude of this badass should be officially recognized. He inspired us to think differently about potential and opportunity, especially during a time when uncertainty in the market was abundant. His dedication to the craft has inspired *millions* to challenge the status quo, and ~~request~~ **demand** that financial markets reflect a fair playing field. And instead of protesting outside of Wall St, he showed us that we have the power to beat SHFs at their own game. 
+
+We, (as individual investors making our own independent decision to invest in a company we believe is on the path to innovation & success), owe the man thanks and gratitude. It’s not every day that one gets the chance to turn the entire financial system on its head - for the betterment of retail investors that…
+
+LIKE THE STOCK. Did you hear me? I LIKE the stock pundits. No, I LOVE the stock, and there is nothing Kenny G and his entourage of mayo-slurping stooges can do to separate me from my beloved shares. 
+
+LFG!!!!!
+It’s perhaps international investors that have most helped the cause, and likely unknowingly. If the United States loses the confidence of international investors, it has essentially lost international confidence in the US dollar. It is international investors who have truly catapulted this thing into transparency. Without international transparency, it would have been business as usual. We should all be so grateful. Thank you, thank you, heartfelt thank you to all who have seen light. There is indeed light, and through the darkness we must travel to find it.
+
+We are one people. And my hunch is that light will beam down soon on us together, but on the moon!!!!
+
+Or perhaps it’s just the crayons...colorful crayons can make bright light too.
+I'm sorry if this is a frequently asked question but I am feeling so overwhelmed with all the different choices and decisions.
+
+I have a little over $10K in savings (TD bank) and around $27K of student debt. I make $12.5/hr and work full time. I'm paying the student loan at $600 every month with the help of my parents (all of us putting in 200) to try and pay it off within 10 years. I pay $533 for rent and $110 for my phone bill. I plan to open a Charles Schwab IRA and get a credit card within the next few months. 
+
+The problem is that I don't know my options. Where is the best place to open a credit card? Should I put my utility bills on it to build credit? Is Charles Schwab a good place for a total financial newbie? What am I not accounting for? What do you wish you had known at my age?
+
+*edit: Another important factor; I have no idea how to file my own taxes? eli5 pls
+
+*edit2: Thank you all so much! I've gotten so much more advice than expected already and have a lot of good leads to go on. 
+
+*edit3: I absolutely will start looking into a new phone plan. Luckily this is my first plan and I've only had it for a couple months, so I'm glad you all have given me perspective on what is a good rate. Also for those asking about my degree and why I'm making so little; To use my degree I would need to get at least a masters. I was an average student in a pretty competitive field because I wasn't passionate. If I don't have a better paying job in a field I enjoy within the next five years I'll go back to school.
+I'm 35 and my S&S ISA is triple the size of my pension pot.
+
+I was late to start my pension admittedly. I was a contractor for years and simply never bothered. I'm now a permie with a decent employer contribution and sacrificing a fair bit. In total i'm sinking £1100 per month into it now and i'm trying to play catch up.
+
+I have always invested into my S&S ISA though, and I've had very good returns.
+
+I don't salary sacrifice all of my earnings above £50k which seems to be the general advice here. I'm happy to pay 40% tax now and get my hands on that cash so I can plough it into my S&S ISA and try to grow it into a much larger pot which I can access whenever I want and (crucially) never pay a penny tax on the returns.
+
+I'm quite active and aggressive with my investments and I average about 20% growth per year (i've had 50% some years).
+
+The way I see it, the age at which you can access your pension is getting higher and higher, the lifetime allowance is getting ever smaller and you're going to be taxed on it anyway. I don't even know if i'll make it to see my pension.
+
+My plan is to build up a huge £1 mllion+ ISA pot. I honestly believe this is not unrealistic for me over the next 5-10 years and this will hopefully provide me with a tax free income for the rest of my life. If all goes well then the pension is just a bonus.
+
+I guess you're weighing up what's worth more to you - the 40% "top up" today or the chance to draw down completely tax free on the pot in the future and earlier access. You can't possibly know which option will be turn out to be more lucrative.
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+Came across this CNBC video from Scott Galloway: ["Do this and you're guaranteed to be rich"](https://www.cnbc.com/video/2018/09/18/scott-galloway-do-this-and-youre-guaranteed-to-be-rich.html)
+
+It was refreshingly simple and directly in line with FIRE principles. Essentially: start saving young, pay yourself first, spend less than you earn. He defines "rich" as simply making more passive income than your burn. 
+
+If you're interested, the more tangentially related video that led me there was his TED talk (read: rant) from last year on [how tech companies manipulate our emotions](https://www.ted.com/talks/scott_galloway_how_amazon_apple_facebook_and_google_manipulate_our_emotions/up-next#t-889931). 
+For those of us expecting a large windfall (say $10M) in the next couple of years, what would be the implications.
+
+For example, I'm expecting \~$10M in an IPO in the second half of this year.
+
+Does it mean that I can withdraw up to $1M a year from the stock and still keep capital gains at 20%? I understand that stacked income comes into play, so if my salary is $300k, then I can actually only withdraw $700k a year to stay under 20%.  
+
+
+But this has implications for diversifying my portfolio. For those of us expecting an IPO windfall, it now seems like now have to pay a 20% penalty if we want to diversify to something like VTI. Or we just keep everything in that one IPO company and risk being very narrowly invested (basically all in one stock :-/
+So I did what I shouldn’t have, I opened my brokerage account to see how much I’ve lost (I know it’s not lost unless I sell) and was a little depressed after seeing I lost about $100k. So to make myself feel a little better I was curious to see how much you’ve lost in the past couple weeks?
+[Pricing](https://www.betterment.com/pricing/)
+
+Betterment has gone from .15% for balances over 100k to .25% for all account balances on their new Basic/Digital plan.
+Who has vacation homes? What experiences have you had? 
+
+Do you view as a toy? Or an investment? Or as an appreciating asset that pays for itself (taxes, upkeep)? 
+
+(These are all assuming you do short term rentals, but maybe you don't-- tell me about that decision too!)
+
+Edit: wow, I barely post on Reddit. This thing got way more responses that I thought. Thank you everybody for your thoughts/rational. This is way more opinions that I could get from my small circle I could IRL. Thanks so much!! Keep em coming!
+Husband and I haven't had a Christmas tree in years because we couldn't afford to spend the money. Today we were randomly browsing Lowe's and saw that they had a deal - all tabletop (3') real trees were only $3. That was already great, but we didn't have any decorations. We stopped by Goodwill, and they had 50% off all Christmas decor. We got a tube of ball ornaments, a big tinsel garland and two bows for the top for $3. All together the whole thing was $6. It may not be a big deal to some people, but we really missed feeling the holiday spirit without a tree. Just wanted to post this in case anyone was in a similar situation and could use the tip. 
+I posted this early last year, but am re-posting again now for younger Apes. Why? Because although **MOASS is inevitable**, I grant it is taking a while to play out... At least longer than what us original January (and even more ancient) OG Apes thought it would take in our innocent, naïve, less wrinkled youth.
+
+Due to that, I am sure all of us have had at least *some* self-doubts over all this time, given the kind of people and institutions on the other side. But I want to show to you that they are not only as smooth-brained as the rest of us, but sometimes make decisions that are downright retarded - in the *other* meaning of the word...
+
+In fact, history is absolutely *littered* with stories of the "great and the good" making monumental errors of judgment. Sometimes leading to them suffering enormous opportunity costs, but often times leading to their complete downfall and extermination.
+
+Don't believe me? Need some examples as *inspiration* for another day of hodling? Well, here is a list I have made of ten such examples through the ages - I am sure there are countless more. Note that the last one is an ongoing historical event...
+
+
+**1184 BC:**  According to the legend Priam, King of the Trojans - despite receiving advice not to - choosing to accept a giant, commemorative, wooden horse inside the city walls as a gift from the retreating Greeks.
+
+*Outcome = The hollow horse held Odysseus and his men, who opened the city gates at night and allowed the Greek army to enter and sack Troy to the ground, burying it under the earth until its eventual discovery and excavation in the 19th century.*
+
+
+**50 AD:**  The Greco-Egyptian mathematician Hero of Alexandria's invention of a basic steam engine, being treated mainly as a curiosity in the Roman Empire and not put to any real, practical use.
+
+*Outcome = The world had to wait another 17 centuries for the English to start the steam powered Industrial Revolution and begin our modern, industrialised age.*
+
+
+**1219:**  Content with his conquest of China, Mongol Emperor Genghis Khan sending an envoy to the Persian Khwarezmid Empire's Shah Muhammad II with the message: "I am master of the lands of the rising sun while you rule those of the setting sun. Let us conclude a firm treaty of friendship and peace”...only to be sent back the envoy's head in a sack, as a grisly and emphatic rejection of the proposal.
+
+*Outcome = An enraged Genghis invading and killing 15 million Persians as revenge, and from there setting up a platform to capture most of the Eurasian landmass.*
+
+
+**1405:**  The Chinese Ming Emperor Yongle sending Admiral Zheng He's huge fleet to most of the known world, but choosing to make these expeditions for mainly economic and commercial objectives, rather than gaining territorial control.
+
+*Outcome = Within 150 years, the Western Europeans had instead captured most of these lands as colonies, and relegated China from its normal position as the preeminent global power to half a millennia of decline.*
+
+
+**1520:**  Aztec Emperor Moctezuma II allowing Conquistador Hernán Cortés and his troops in as guests to his capital, Tenochtitlán.
+
+*Outcome = The Spanish took Moctezuma II hostage, eventually leading to his overthrow and death, triggering a series of battles and, especially, devastating pandemics that eventually led to their conquest of most of the Americas.*
+
+
+**1664:**  The Dutch selling Manhattan to the English for only $1143 in curent money.
+
+*Outcome = England renamed "New Amsterdam" as "New York", took control of most of the Eastern Seaboard from the Netherlands, and today Manhattan Island's real estate alone is valued at $1.9 trillion - higher than Canada's GDP (the country with the 9th largest GDP in the world).*
+
+
+**1876:**  Western Union boss William Orton, the largest telegram and communications company of its day, turning down Alexander Graham Bell's offer to sell them his patent for the telephone.
+
+*Outcome = As Orton did not see potential for the invention, Bell decided to set up his own business. This became so enormously successful that it had to be split into the "Baby Bells" to prevent monopolisation. These companies are today's AT&T, Qwest, Verizon and Alcatel-Lucent, still dominating the American telecommunications industry.*
+
+
+**1941-42:**  Adolf Hitler choosing to turn the Wehrmacht's 6th Army towards Stalingrad, instead of more strategically important (and easily attacked) locations along the Volga River in their attempted conquest of the Soviet Union, so that he could score a "symbolic" victory over Stalin.  
+
+*Outcome = The Soviets launched a brilliant, unforeseen and completely improbable pincer movement, that encircled the Germans and their allies. Within six months, they had lost a million men in the frozen rubble of Stalingrad. The course of WWII was completely reversed towards the Nazis' eventual crushing defeat - the fate of the world turned on a single decision.*
+
+
+**1962:**  The London based record label Decca's head, Mike Smith, rejecting the chance to sign up The Beatles after a 15-track audition with the feedback: "guitar groups are on the way out" and "The Beatles have no future in show business".
+
+*Outcome = The Beatles signed up with the EMI subsidiary Parlophone instead, selling 600 million records and eventually becoming the most successful musical artists of all time. Even in 2020, half a century after they broke up, they had the second highest record sales of that year (after BTS) of any musical group worldwide. [Fun additional fact: The majority of these sales were in the 18-30 demographic. "60s music and pillow fights" show no signs of losing its appeal...]*
+
+
+**2021-22:**  Ken Griffin (Citadel), Gabe Plotkin (Melvin), Jeff Yass (Susquehanna), Vincent Viola (Virtu), Steve Cohen (Point72) and other hedge fund bosses choosing not to close their GameStop short positions in January 2021 for three figures per share.
+
+*Outcome = A bunch of retarded Apes - most of whom still don't even know what "DD" actually stands for - called into action and eventually helping to destroy said hedge funds, becoming fabulously wealthy themselves in the process, changing how financial markets operate, instigating social and environmental activities that change the world for the better, as well as taking space exploration to new limits.*
+
+
+**TL;DR:** History has many examples of (so called) "great" men making huge errors of judgement, which cost them dearly. Usually caused by arrogance, over-confidence, superiority complexes and a lack of imagination. Apes are living in and creating the next great example of this. **HODL, DRS AND MAKE HISTORY.**
+Starting today I’ll start my journey from an XX share holder to an XXX holder. No more eating out, no more energy drinks, no more pot, no more booze. Full ape sprint until the squeeze happens. If I have to sell my skis oh well. If I have to start an only fans so be it. If your grandma needs a sugar baby then I’m her ape. To Valhalla.
+Questioning this for the directional traders - doesn't theta just eat into profits? Or is the key to success holding for short durations? It would seem like futures are an easier way to get leverage.
+The amount of accounts that are either a couple months old, or literally just started participating in this sub in the past month saying how "the sub is going downhill" is unreal...
+
+I've literally been around this sub for several years on various accounts, and this is still a great sub.  Just because you're a paper handed lil b***h doesn't mean the rest of us are gonna cry that we don't wanna play the game anymore cuz were down.  Once this is all over, sure, We will be back to shitty dd and random unnecessary bets, but this what were doing right now.
+29/M just passed the $500k CAD net worth mark (521k today) but cant share this victory with anyone, as it would change a lot of relationships if anyone found out. So here I am posting to Reddit.
+
+The details:
+
+Working as a chemical engineer overseas earning in the low 200s, although taxes are in the 40% range. Able to save 80% of my after tax income to be able to FIRE at 40 with 1 kid budgeted (currently 0). Aiming for 2M with a SWR of 3.5% for annual income of 70k.
+
+All savings are invested passively. RRSP and TFSA are maxed out first and then the remainder into an unregistered investment account. I tend to favour Canadian bank stocks as they have an excellent track record. They've never cut their dividend and pay an average of 4%. I'm not well diversified here because of this but have averaged about 11-12% over the last 5 years. 
+
+Real estate is a bit of a shit show in Canadian cities so I'm looking for lower CoL cities that don't put me in -40 winters (spoiler: there aren't many). So I'm keeping that 500k liquid and invested, which is working well so far.
+
+Thanks for reading. Its finally nice to be able to share this information even if it's more brag than humble. I really enjoy seeing people meet their goals and go fuck themselves!
+
+EDIT:  thanks everyone for reading and all the positive feedback. To answer some questions:
+
+Yes this is a high salary for someone in my field. The best advice I can give for anyone young is to not be put off by experience requirements for a job. My salary went from 75k to 156k to 216k in 5 years simply by aiming high (and of course being able to deliver when I got there). They say the best time to look for a job is when you still have one, so I'm always looking for the next big opportunity.  This also applies to asking out the pretties girl/guy and so many other things. Worst case scenario is you're in the same place you were 5 minutes ago. Big risks = big rewards. (Disclaimer: logic, common sense, due diligence may be required)
+
+I work in the Latin America region, not the Middle East, so I've been looking at going non resident for now in a place like Panama, Costa Rica, Belize, or Ecuador. Panama especially seems like a great place to relocate to. 
+
+My savings rate is high because my CoL is covered at work so I don't spend any money at all. I don't rent an apartment but travel exclusively when I'm off work. My girlfriend lives in Europe so I visit her frequently and travel to other low CoL sunny countries in other months. This has proven to be a cheaper lifestyle than when I was a student in Vancouver just spending the baseline (rent, car insurance, phone bill, etc). One of the perks of my job is that when I finish work, I get a free RT airfare to almost anywhere in the world....so I make sure to take advantage. Avoiding lifestyle creep is everything with FIRE, but I make sure to budget in such a way that I enjoy my life and lead a meaningful life until I reach my goals. 
+
+Thanks again everyone for reading and responding. I'm very happy to receive such positive feedback. Good luck with your respective FI goals!
+SCHD seems to be the favorite ETF on this subreddit so I analyzed it's performance and it seems to have not only a good dividend yield, but very competitive capital appreciation.  What is even more impressive is that the ETF doesn't seem to have exposure to the mega huge tech companies such as AAPL, AMZN, NVDA, etc. but still performs quite closely to the S&P 500.  Is the excellent performance due to the quality screen employed by SCHD?  Or is it something else?  Also, does SCHD have plenty of international exposure on it's own due to the presence of multinational companies or would it be prudent to also purchase SCHY?
+Many investors keep 5-10% of their portfolio in cash, often to make it easier to enter/leverage a position. I’m interested to hear opinions from the dividend-focused community.
+
+How much cash do you keep on hand? Has that changed at all in the past year, as so many companies/sectors have become clearly overvalued (although that has not seemed to inhibit growth)?
+
+High-yield (4%+) dividend stocks/ETPs are much more vulnerable to market corrections (with exceptions, of course). Do you keep **more** cash on hand in the event that a correction occurs and you can enter/leverage positions? Or do you keep a lower amount of cash and trust in true DCA?
+
+Edit: It looks like many of you hold between 2-5%, which is understandable. A handful are very, very insistent that 0% is the only way to invest. Whatever your preference is, best of luck!
+If you had $15,000 and wanted to make the best / aggressive ETF dividend portfolio what would you do? 
+-I’m just graduating college (debt free)
+-My risk tolerance is high
+-This is for my Roth-IRA
+-Holding for long term, won’t be touching
+
+-Any feedback would be greatly appreciated! Thank you!
+As a 19M I’ve always been told that I’m too skinny and weak, so I decided to go to the gym for once. This week I invested $2100 into a gym membership and trainer for 3 months (8 sessions per month). What do you guys think, was this a good investment decision?
+
+I currently have about $8000 invested in stocks, $6000 immediately available, and have a coop that pays at $16 for 3 months. I’m living in my parent’s house so I don’t have to worry about other expenses, and I’m getting another cycle of student funds ($7000) after 3 months.
+
+My sister told me if I was more mature, I would have slapped myself. I guess it’s possible that I underestimated how much $2100 is because I made that amount from stocks instead of working my butt off at an actual job.
+
+Edit: Thank you guys for your opinion. I’m sure this will be a good learning experience. Although it was a big mistake all I can do is make the most out of it.
+Hey everyone
+
+I live in St Louis with a roommate. We both make a little over 50k a year and have been talking about buying a house together instead of feeling like we are wasting our money each month on rent. We both plan to live here for 3-5 years minimum, and are currently single. We’ve seen good deals on 2-3 bedroom houses for sub 100k. With the housing market the way it is, would it be a good time to do this? We’re both young and have little to no experience with this kinda thing but have good credit (700+). I’ve tried asking my dad but he says it’s a stupid idea , mostly because he would like me to move home before 5 years lmao. Any tips would be appreciated.
+  
+
+**Fact #1: The stock market manipulation is taking place in the Dark Pools and shorting is the main tool.** 
+
+**Fact #2: Dark Pools are the same as Alternative Trading Exchanges. Data from the ATS exchanges is the source of Dark Pool data.**
+
+**Fact #3: Stock volume**  **in Dark Pools can be used to calculate a** ***“Dark Pool Rate”*** **.**
+
+**Fact #4: There is a strong correlation between the dark pool rate and the stock price manipulation.**
+
+**Note: The raw data is obscure and generally unavailable.** **I will cover that exact calculation in a later post.** 
+
+**Dark Pool Rates are predictive of**  **stock price**  **manipulation.**
+
+**Dark Pool Rates for EVFM and**  **stocks I am watching:** 
+
+These are the rates over the last two months. 
+
+​
+
+https://preview.redd.it/kqvixjjg2rg91.png?width=615&format=png&auto=webp&s=1a5b3dd60c3ed42474ed0d31180231dd20fa58b1
+
+When the rates are higher, dark pools are holding the stock price down. 
+
+Is anyone else calculating and using Dark Pool Rates?
+ [https://thestonkmarket.com/2020/03/02/the-motley-fools-finds-the-next-amazon-for-the-67th-time-this-year/](https://thestonkmarket.com/2020/03/02/the-motley-fools-finds-the-next-amazon-for-the-67th-time-this-year/) 
+
+ **Wall Street** – Not a surprise to anyone on Wall Street, but the Motley Fool has discovered a stock that has potential to become the [next Amazon](https://thestonkmarket.com/2020/03/01/cfa-level-four-launching-this-summer/) (“AMZN”) for the 67th time in just 2020!  “This is a record-breaking year of finding the next Amazon,” a spokesman for the Motley Fool said.  “By this time last year, we found the next potential [Amazon only 50 times](https://thestonkmarket.com/2020/02/29/people-who-dont-build-dcf-models-are-sloppy-retail-investors-with-an-iq-of-a-worm/).  67 times is record-breaking and something we are extremely proud of.”  The Motley Fool has already purchased billions of dollars of advertising space, along with [James Altucher](https://thestonkmarket.com/about-reader-beware/), on Yahoo Finance, Facebook and Twitter to tell everyone that ‘this stock is the next Amazon’.  I personally have clicked on the advertisement thousands of times and still don’t know what stock they are talking about!  “It’s likely we will find the next Google, Netflix, Tesla and Facebook tomorrow so keep an eye out for one of our annoying ads,” the Motley Fool spokesman mentioned.  David Gardner was unable to comment as he was busy looking at potential ten thousand bagger stonks.  
+**EDIT:** Meant to say "consider accepting Yuan for oil." 
+
+Well, here you have it. Just a few days after Jerome and Janete made their rounds in front of congress and the media assuring the US Dollar would retain it's reserve status, we already have news of countries considering leaving it. 
+
+Like clockwork, the opposite of what they say seems to happen a short while after. 
+
+Whether it's about transitory inflation, our dollar's reserve status, or the risk of a recession, it seems they've been off the mark for a while. 
+
+https://www.forexlive.com/news/saudi-arabia-considers-accepting-yuan-for-oil-sales-opec-leaves-demand-forecast-unchanged-20220315/
+**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
+Hi Everyone,
+
+
+so about a month ago Micheal Burry tweeted that he recommended the book You Can Be a Stock Market Genius by Joel Greenblatt.  I read it and if I was asked to summarize it  I would say:  When companies spin off, it can be because the owners believe one part of the company is not getting the market value from investors it deserves.  When the spin off happens, investors that, unwillingly, received shares from the least desirable of the two businesses will sell and so the share price could drop below its true worth.  If you can figure out the worth of each company before the spin-off, and which company stands to benefit from it, you can make a lot of money.
+
+
+So, I'm making this post in the hopes that whomever is interested will comment will below with anything they have that can help figure out the value of the Exelon spin-off.
+
+
+Exelon (ticket EXC), is splitting into two companies: Exelon Utilities, and Exelon Power Generation.  
+
+
+Exelon Utilities is composed of these subcompanies:
+
+
+* Atlantic City Electric in Southern New Jersey
+* BGE in central Maryland
+* ComEd in Northern Illinois
+* Delmarva Power in Delaware and easty Maryland
+* Pepco in Washington DC and Maryland
+* PECO in Southeaster Pennsylvania
+
+
+After reading this document from Exelon https://investors.exeloncorp.com/static-files/64959e19-f0ff-41e1-af82-92607f5b544d and this presentation https://investors.exeloncorp.com/static-files/2dda3a5d-b5c9-40d6-829f-da5c2efd6cc9 it reads to me like the board of directors believe that the utilities company is not receiving the market cap value it deserves i.e. after the spin-off the power generation business (least desirable) will be the one sold off (current share holders will get one share of this company for every share they currently hold of exelon, the ones who don't like to be in that business will sell, and the ones who don't know wtf is going on will panic sell), and the utilities company will surge once investors figure out its value.
+
+
+So, that's where I'm at right now, and it's time to do the hard part of figuring out how much each portion of the business is worth, I'll post anything I find here if I see there's interest in it.
+TLDR:
+
+ 1. This is a passing phase!  - just wait more and it will work.
+
+ 2. The Fed did it! - central banks pumped too much money and skewed the markets.
+
+ 3. The Investment World has become flatter!  - people have more resources and screen better to gain the advantage of bargains.
+
+ 4. The global economy has changed! - concepts of value have changed with technology.
+
+What do you think???
+
+Full Article:
+
+[https://acquirersmultiple.com/2020/10/aswath-damodaran-4-reasons-why-value-investing-hasnt-worked-over-the-last-decade/](https://acquirersmultiple.com/2020/10/aswath-damodaran-4-reasons-why-value-investing-hasnt-worked-over-the-last-decade/)
+Sony was recently written up on value investors club and has since fallen a bit due to the Microsoft Activision acquisition, which I think is an overreaction.
+
+Any thoughts on Sony?
+If an another ape can put the article in below so as to not give them clicks, I have an award for them.  Maybe Gamestop pulls out of NYSE and uses FTX as their exchange?
+
+https://www.cnbc.com/2022/05/19/crypto-exchange-ftx-us-gets-into-stock-trading.html
+**Hi**
+
+I have often gotten requests on how I interpret long financial reports quickly at release. Here I will give a quick breakdown of what I look for when reading financial reports! I will also give insight on what sections are always worth reading. You can find RXMD's 2020 financial report here - [https://backend.otcmarkets.com/otcapi/company/financial-report/276521/content](https://backend.otcmarkets.com/otcapi/company/financial-report/276521/content)
+
+The first couple pages of every financial report (by SEC standards) will generally have the quarter or annual ending share structure and jargon with disclose regarding forward looking statements. *For specific sections I will reference the page numbers specific to this report in bold after the sentence.* It is good to look at the disclosure, though often for OTC companies they will be the same. OTC's are generally considered 'Emerging Growth' companies and their disclosures will read very similar. There is high risk of failure of operations, lots of forward looking sentiment/growth, but issues with cash flow or business plan etc **(Page 2)**. RXMD happens to include a table of contents with a glossary of terms which provides especially useful if you are investing in bio/pharm companies or any technology company that may use terms you are unfamiliar with (**Pages 3-6)*****.*** You will see that in the Table of Contents that information/sections are listed as 'Items' and I will be referring to that throughout this post.
+
+**Item 5 and 6 (pages 7-8)**
+
+* It is a good idea to read the history of stock amendments and common stock updates. Here RXMD has their full history of any amendments or changes to the authorized share structure with any series of their stock. We can see that in late 2019 they amended their authorized share count to be 1 billion shares, mostly to accommodate for potential dilution in the future.
+* For any company it is vital you read this section. Included will be dates of reverse splits and authorized share increases. If the company has a long history of dilution then you will more than likely see a large reverse split and authorized share increase. This is fairly common in the OTC as these companies do not have access to traditional funding methods and have to commonly take out 'toxic' convertible notes. If the companies fail to produce profit year over year what can happen is called 'death spiral financing' where the company continuously dilutes and reverse splits, unable to get out.
+* With RXMD we can see from 2018 to 2019 they increase their A/S (Authorized Shares) from 500 million to 1 billion. However their o/s (Outstanding Shares) only increased from 425 million in 2018 to 436 million in 2019 to 485 million in 2020. Later I will breakdown where this dilution is coming from, and why the raise to 1 billion was necessary at the time. Generally though, this is very little dilution for an OTC and will also be addressed later on.
+* ​
+
+https://preview.redd.it/l9bijvwftsr61.png?width=649&format=png&auto=webp&s=e63c2b74d4d2467d3dc9a8c705d4f0fa563b0d5e
+
+\*\*Item 8, 9 and 10 (\*\*Pages 8-34)
+
+* For the latter half of item 9 (**16-33)** it is mostly what I would consider lawyer speak in that they are speaking to their risks related to investment. Every financial statement will have this and is worth reading to see potential pitfalls of future operations!
+* Item 8 is a good read as it gives an overview of what the company has accomplished since inception. This includes any acquisitions and businesses currently owned by RXMD. Generally if you are looking to get an overview of the company you are investing in take a quick glance at this section. It will show you if your company has made any business changes throughout or if they have had much growth since acquisitions etc.
+* For RXMD, they own a few facilities in FL for their operations, most recently a new 11,000 sq ft pharamcy facility in Hallandale Beach Fl. Their employee count is currently 124 - and this is generally important to look at. If your company has just 1-2 employees you may want to ask yourself how they are operating :)
+* Item 9 gives a breakdown of RXMD products and services. This is especially important to understand what your stock does on a day to day operational basis. It also gives insight into possible growth operations (like ClearMetrX for RXMD).
+* Item 10 discloses any locations for RXMD. Here we see their 3 slated locations with rent and lease agreements. This allows us to fact check that they do infact have an operational business incase anyone had doubts they were running a scam out of their basement.
+
+**Item 11 (Page 34-35)**
+
+* Here we see a breakdown of all of the officers and directors and their positions with common stock or preferred shares. Generally for OTC's this number will be lower for ownership, a lot of times OTC Ceo's take little pay to instead reinvest into their business (Kent with ALPP another example). It may also be the case that the officers/directors take RSU's and warrants in exchange for salary. This will also be reflected in any form 4's they file. RXMD inside ownership is just under 2% with a few interesting names on the board.
+
+**Item 16(Pages 37-46)**
+
+* If you want the quick breakdown of what the company has accomplished and will be doing going forward then READ this section. Generally will be slated at 'Management discussion or Future plans of Operations' This section will also include a quick breakdown of revenue and EBITDA (usually) which is great for quickly reading financials at release.
+* RXMD mentions they filled over 530,000 prescriptions during 2020 compared to 456,000 in 2019, a great increase. They also mentioned bonuses and a five star ranking in the top 20% of pharmacies. The key take away though is their breakdown of growth:
+* ​
+
+https://preview.redd.it/4osw2mt0wsr61.png?width=641&format=png&auto=webp&s=8bea2dd3d7596ee4692ec196e308de58d7b08bc0
+
+​
+
+https://preview.redd.it/2p7cmhy5wsr61.png?width=635&format=png&auto=webp&s=5e4df82559d1edd1a0c52f1575e8c809bc8ece66
+
+* These statements on the financial sheet alone should give confidence for the future of RXMD. Great organic growth along with future acquisitions and expansion into telehealth.
+* After this we can see the quick twelve months ended financial table.
+* ​
+
+https://preview.redd.it/4bzdzt5ewsr61.png?width=661&format=png&auto=webp&s=107d7575ae9e12998a960e6c734a904b97264388
+
+* Net loss was 42% lower year over year and almost all of that net loss was in the first six months of 2020. Calculating from older financials reports from Q1/2/3 RXMD only had a 8000$ net loss in the last six months of operations. This indicates a high potential to be profitable in 2021 especially with recent expansion being done.
+* ​
+
+[Further breakdown of EBITDA here](https://preview.redd.it/ez1j18uxwsr61.png?width=677&format=png&auto=webp&s=8b9ef6317c4ccf7d989116cf12e1509607227e63)
+
+​
+
+https://preview.redd.it/696iyg5fxsr61.png?width=643&format=png&auto=webp&s=232395a363d86b3595096c0ce9bcb0a73dbdbeb6
+
+* Another important thing to always look for is the cash flow from operations. The only financing activity that RXMD had was the PPP loan during covid, and that loan will be forgiven. They are increasing cash while not having to take out money from notes etc. EBITDA also turned positive for 2020, just barely This is most likely due to the heavy elimination in derivative liability.
+
+**Item 17 and 18 (47-49)**
+
+* Super important to read these sections for any stock to see where the dilution is coming from! RXMD made two private financing deals in which two main lenders gave them money in exchange for long dated notes that can be redeemed any notice. As seen on page 47, Chicago Venture has actually fully been redeemed and no longer exists as a liability while Iliad Research has about 1.9 million in liability remaining (About 19 million shares left to dilute before RXMD has 0 potential for dilution). Once RXMD is free of the derivative liability burden their balance sheet will look much cleaner.
+* Item 19 denotes any contracts they have with existing parties. Included are new contracts for their subsidiaries and is worth checking out the super long list.
+
+**Pages 55 and onward are the financial balance sheets from 2020 and 2019. I will quickly be going over the 2020 balance sheet to highlight what I look for.**
+
+* First off, I always check cash to see if they have a cash position. I do not want to be investing in a company with 1000$ in cash (yes recently ive seen people pumping tickers with legit less cash on their balance sheet than in my wallet its quite sad). Save yourself the time and just know, companies that have low cash balances will have to take out notes to do operations.
+* Assets to Liabilities are trending in the right direction with a 1.7 million difference between the two. Assets increase about 3 million and liabilities about 2.4 million. This can be associated with the difference in current derivative liability. I am expected at next quarter the assets to liabilities to be near even or less than 500k. Generally for OTC's you will notice they have large derivative liabilities. Its important to keep reading and look to see if those notes will be maturing soon and diluting. There is always a section included on the financial reports that has the note contract, interest, maturity, and amount due.
+* ​
+
+https://preview.redd.it/qoxggvv70tr61.png?width=666&format=png&auto=webp&s=71ee3f69b7189f4841985007815acede9ba6b094
+
+* The next thing to look at is overall revenue, sitting at 38.9 million. Always look at the Cogs or Cost of Goods. For RXMD they have a healthy cost and gross profit (8.9 million). Their loss from operations was 1.1 million, which a good amount can be attributed to their new facility that was built + expansion with covid testing in 2020.
+* I always look at the accumulated deficit. 99% of OTC companies will have an accumulated deficit as an emerging growth company. Its hard to in general find profitable companies. However, a small accumulated deficit (RXMD is around 7.2 million in 11 years of operation) is a generally bullish sign. They are not operating at heavy losses and have high probability to turn a profit in coming months.
+* I then skip ahead to the debt portion. RXMD has very little debt for an OTC, in fact their long term debt is about 3.1 million and 1.3 million of that is their mortgage for their facilities. the other 1.9 mil is from the last outstanding note to Iliad Reasearch. Its impressive to see this level of financing and I expect RXMD will be debt free in 1-2 years. Just below debt we can see the terms of their agreements with both note holders (A-18).
+* There are many many important sections to read through the financial report, but for a quick overview on how the company operates these are the main ones to hit.
+
+I think this post is getting a bit too long...I would like to go into depth on just the balance sheet portion on another post. However, this is what I quickly look at when viewing financials! I would like to iterate I am not a financial advisor and everything here is just opinion! Hopefully this aids in future DD and research though.
+
+​
+
+Edit: Guess I never mentioned, but generally what is happening with RXMD and what I have gathered throughout reading the financials is generally bullish. Eliminated the derivative liability will be a big step into pushing them into profitability and greater expansion. 
+I have made a post here, but haven't received much replies ...
+https://www.reddit.com/r/AskTrumpSupporters/comments/4i5yey/need_major_clarifications_on_trumps_financial/
+
+My understanding of his policies:
+
+* Potentially raising the minimum wage
+* More manufacturing jobs
+* Willingness to introduce tariffs
+* Aversion to trade deficits
+* Lower income taxes for all brackets except for the super rich, lower corporate taxes to lessen the likelihood of corporate inversion
+
+Thoughts on his policies? Thanks!
+Hi! I'm not sure where to ask this sort of question but my husband is graduating in a month with a degree in Economics and Finance and I'm not sure what the best graduation gift would be that he can use post-grad for his professional life.
+
+Any suggestions?
+
+(If I'm posting in the wrong thread, mods please feel free to delete!)
+
+*edit: What is something that you wish you had when you entered the workforce? I was thinking of maybe buying him a pair of nice cufflinks to wear but I don't know if its a necessity.*
+Say, all humans start having multiple Ph.D.s in the future...what will the state of competition then? How would one get the opportunities?  
+
+
+​
+I was having a chat with a mate about this the other day; he thought that benefit fraud was a bigger issue than tax evasion, and me vice versa. Based on cost alone (forgetting the moral and political viewpoints), which of these costs the UK economy more? Cheers.
+As the rule suggests, profit-maximising price-taking firm will so purchase labour and capital as to equal Marginal Revenue Product of each factor to its price. So, for example, firms will hire workers up until "Marginal Revenue Product Of Labour = Wage". This behaviour is **profit-maximising**.
+
+But then there is marginal productivity theory of distribution that states that if factors are paid rewards equal to their marginal revenue products, *total product is exhausted*. So there is **zero** economic profit.
+
+I'm confused. How can this be that *profit-maximising* behavior is to pay factors rewards equal to their marginal revenue product when doing so is resulting in 0 economic profit? I'm certainly missing something.
+The title pretty much says it all. I've read this argument against the adoption of Bitcoin, that since it has no inflation, people will have no reason to spend it. But in the past, with high interest rates, people still spent money, so doesn't that prove that an appreciating asset still gets spent?
+Healthcare, food and water, an adequate education, electricity and sanitation. I suppose a high HDI. 
+
+If suddenly everyone on Earth became super determined that as close as possible to everyone had this, would it ever be possible to achieve? 
+
+Is this something we can work towards?  
+
+Thanks!
+Isn't the idea of measuring gdp to measure a country's income which is supposed to be the same thing as its expenditure because every dollar spent is a dollar added to a seller's income? Although imports are not domestic goods, shouldn't consuming imports decrease gdp because the nation is losing money/income? And the money spent does not go into a domestic seller's income so I have confusion on the idea that income=expenditure. Also apparently from this community's guidelines if read correctly, could you dm me your comments please? I can't read them until they are approved. Thank you 
+I am a bit confused between Political Science and Economics. Which one should I take as my undergraduate major? I want to keep my options open to different fields during grad school. 
+
+For future career, job perspective, which one would be a better option? 
+
+Also to add, I didn't have Econ in high school, so would It be a problem to cope up in uni?
+https://www.nytimes.com/2020/05/12/business/dealbook/fed-bond-etf.html
+
+
+Today is a big day for the central bank, which will buy corporate bonds for the first time in its history. Its corporate bond-buying program was announced in March, as part of a package of pandemic rescue measures.
+
+The Fed will start with bond E.T.F.s. Most purchases will be in funds that hold investment-grade debt, the central bank said, but it will dabble in junk bonds. Direct purchases of corporate debt will follow.
+
+• The program, which is managed by BlackRock, will take $75 billion in equity from the Treasury and leverage it 10-to-1, giving it up to $750 billion to play with.
+I went to a mattress store and spoke with a salesman who offered me financing and to apply. He assured me it would not be a hard pull on my credit.
+
+The following days, I see a hard credit check on my credit report from the financing company they use. The next day, I see a completely unauthorized credit account opened for $10,000 in my credit report.
+
+I can document that the mattress store did both actions.
+
+I did NOT sign anything. I sat down with the sales rep. Gave him my personal info (ss,etc) verbally to ostensibly see if I could get approved, but did not sign anything.
+
+I live in Nevada. This is a major mattress retailer in my state.
+
+In terms of damages, I feel like this new $10K credit line will destroy future chances of getting more actual credit (?) Wouldn't this be devastating if say I were in escrow for a house waiting on mortgage underwriting approval (?)
+
+This credit was through Synchrony, who seem to finance alot of retail credit cards. If I dispute this credit line, I feel like I will never get credit through them again..
+
+I called Synchrony who issued the credit line. They told me that once I handed over my driver's license and gave them my ss#, the retailer has the right to open a credit line.
+
+That doesn't sound right to me. I didn't sign anything nor did I verbally express that I wanted to move forward with opening an account.
+
+Just a warning for others. That's their corporate line.
+
+​
+
+UPDATE:
+
+Sorry I think I miswrote the conversation between me and the rep that distorted the situation. We were not at some advanced stage of financing. I was literally in the store for 5 mins browsing. He specifically asked me do you want to see how much I qualify for. I said sure why not. For most people, I think finding out how much you qualify for, and actually opening up a credit line are two qualitatively different things.
+
+That may be the reason I'm getting downvoted on all of my replies. Otherwise, I don't understand why some on this subreddit are blaming me as the consumer for trying to make an informed decision. Authorizing a credit check to see if I qualify should not mean I see a new credit line on my account for $10k a few days later.
+
+There are ways to use credit responsibly. A high quality mattress can run $2-5K. They were offering no-interest payments  for a few years to spread out the cost. If I have my money working in other places, I would use that free credit rather than spend cash now.
+
+​
+I can’t control my spending and it scares me. It absolutely petrifies me. I make more than enough money per month to get by and have the extra for luxuries, and yet, I’m close to having nothing to my name again until EI hits and I return to work. Since January, I’ve spent $5000 or more; only a handful of it being spent on necessities - the other was frivolous. SkipTheDishes when I’ve already purchased groceries that just went to waste, far too much booze, lingerie, hotels and airbnbs… and this is constant, it happens monthly. As soon as I have money, I have to spend it. I could have had so much saved within the past few months had I just not impulsively purchased things, and it actually makes me sick to my stomach because I don’t know how to stop. I don’t want to end up like my mother, in terrible debt and unable to own a house; but I’m getting close. I’m only 23 and I know I have time to fix it, but where do I start? I’m already in debt, under 12k, and I feel like I’m spiralling. I was never taught how to budget, or how to resist the urge of transferring my savings to a spendable account. Everyone in my family is godawful with cash, and I need to have a proper understanding of my finances.
+I see a lot of you talking about how strict you are with prospect tenants and current tenants. I just wanted to make this post to show you that not everyone is garbage. 
+
+Up until last month I have always been a renter. First place I ever rented was in Cali while on active duty. My landlord had reservations about renting to a young 21 year old man. But I was never late with payments and when I moved out, she said I was the cleanest tenant she ever had and she was sad to lose me. I got glowing recommendations from her. My dog caused $100 in damage to the house. $100 in 2 years. I received my entire security deposit back
+
+I went through a very messy divorce and custody battle that left me financially ruined. I couldn’t qualify to rent apartments for a while. I finally landed a rental and then filed for bankruptcy. 2 custody battles and a divorce will do that to you. I missed zero payments. I was late one time do to an error with auto pay but the apartment staff was very kind about that and allowed me to pay rent late when I returned back to state. My bankruptcy was a chapter 13 so it’s not like my debt was gone. I was so broke I slept on an air mattress and used a uhaul moving blanket as my comforter. When I finally bought a mattress, it was repoed. That’s right, my mattress was repoed. I was sleeping (night shift worker) when they showed up and took my mattress. I ended up sleeping on the air mattress again, which at this point was duct taped because of holes. 
+
+Later moved into a townhouse and never missed a payment and was never late. Still paying my chapter 13 at that point
+
+Later moved into a awesome house in the woods. Never missed a payment. New GF left me right after signing another year lease. My expenses went up by $700 a month! Never missed a payment and was never late. Only damage caused to the house was a broken screen I damaged when trying to remove it in order to wash my windows. 
+
+I was always clean and took care of the property. Not everyone with bankruptcy is a terrible tenant. I mean I was so broke I couldn’t afford a new air mattress! But always paid my rent. I’m good at prioritizing. Some of you would’ve never given me a chance based on your strict prerequisites, yet I am a great renter. I’ve always received my security deposits back. 
+
+I honestly don’t know how I was able to rent these places given my god awful credit score and low paying jobs but somehow I managed. But I can honestly say that I would have no problem getting great recommendations for a new rental. I now make twice what I use to, which helps in getting a rental. I own my mattress now! But now I’m a homeowner so I don’t have to deal with the stresses of finding a landlord that will take a chance on me. And I get to avoid having the embarrassing conversations of my bankruptcy and divorce 
+
+My point is, not every bankrupt person is a terrible renter. Sometimes they’re just people down on their luck
+I started 3 years ago and I'm currently feeling hesitant holding the SFH we currently rent out. It has been a bit of a money pit and I don't have enough experience to know whether to stick it out or to cut and run and to get the money out and put it into something else. If we stick it out itll be 5 years for us to break even and who knows what may happen in that time. I hope your stories will help me gain some perspective. Thanks!
+Hi, throwaway.
+
+I got a loan out just before the pandemic.
+
+Due to a number of circumstances my life is totally fu*ked..
+
+I don't have any life plans, and don't feel like trying anymore. I have nothing left, no work, no money, no friends. I'm 29 btw.
+
+
+Needless to say I attempted suicide 5 months ago. Sadly failed and woke up 2 days later.
+
+
+
+The loan company keep calling every single day. I don't even pick up. However have paid my monthly installments every month up until now.
+
+Now I have no money left. Should I just tell them it's over? It's not a huge amount, but I don't know how much longer I'll be here. 
+
+I heard a default goes down on your credit, how bad is it?
+I'm thinking about running the wheel with very close strikes on PLTR.
+
+Now, I've seen plenty of research but I'm just curious to hear what you guys think of it. I was in during the hype, made some money and left, but it seems like something with a solid rep/future.
+
+I would think of running close to strike CSP's and if by chance assignment, close to average CC's to keep getting both assigned and repeating, just bagging premiums on weeklies.
+
+I know what I would answer to this question, I wouldn't be any help, but maybe someone will provide some insight.
+Boyfriend is 22, just got a job - actually his first one. He's bought everything himself his entire life. His parents however are fairly well off but only pay for one thing, his phone bill. I'll give him credit that he's been fairly smart with money and always saved up. 
+
+His monthly expenses are as follows:
+- 250 student loans
+- 250 gas
+- 8 netflix
+
+He has been driving a yr 2000 chevy that (honestly) is a beater. The transmission actually died on it last month and he had it replaced even though the car was totaled. That cost about 1600.
+
+Anyway, he just got a new job making $32,000 a year and while it has full benefits including a 401k, he's been showing me the numbers and telling me he can "buy a $35,000 car" - which is one he's really wanted for the past two years.
+
+Doing the math he figured he pays about 667 in taxes a month, and that at 4.0% interest with 10,000 down, his payments would be about 550 for the car, and 250 for the insurance. 
+
+So, I did the math with him and totaled EVERYTHING up. It came out to $22,000 - taxes, gas, netflix, insurance, and car payments.
+
+I just can't help but think he's wasting a considerable amount of money and shouldn't do this. But he won't listen and says he'll save 50% of the remaining 5000 every month and the other 50% he'll budget for expenses. So that's $400 guaranteed savings and another 400 for whatever expenses (less than 100wk).
+
+I want to show him this thread so I'm hoping I can get some good feedback from much smarter people (that aren't me). His parents are the type of people who don't care *what* he does because it's his life but have 100% said they won't give him a dime.
+
+EDIT: also to be fair to him, he keeps track of ALL of his expenses on his phone. He totaled up the past 18 days of the month and it came to a whopping $115 not including gas since he already accounted for that.
+
+**EDIT** Wow this is got big. I have shown my boyfriend the thread:
+
+- Yes his parents pay for everything "else" and are okay with him living home for the next five years
+
+- He is working in tech and as everyone knows after a year of experience they usually receive big jumps, although he is starting out with a bad salary for his specialty (I guess that's what it's called) he is working with "something else" and they are training him.
+
+- regarding the car: he said he'll re-evaluate in june. he can't use it to tow a jetski in winter anyway. so basically, he's going to wait and see if he gets a raise in 6 months, if he can live off of a 1000 a month budget, and how much he has saved up by june. he said that he realizes how stupid it is now but "I don't even buy clothes more than once a year so those are literally my only expenses"
+
+As for why I mentioined the past "18 days" of expenses in the OP - he has tracked it month to month. From september to november first he spent $200 total! it's usually less than 115 but not always.
+
+Thanks for the "help" though
+https://www.entrepreneur.com/article/394469
+
+So long story short, you can buy SQUID but can't sell it. It may look like an amazing investment with the crazy growth but it is a huge con. Let me explain what the article says:
+
+On PancakeSwap you can buy into SQUID, but not sell. You can only sell when you have Marbles. Marbles are only earnable through playing the game You use your SQUID to 'buy in'. The first level buy in is 456 SQUID which at the current price of $37 each is $16,872 in total. All this just to play level one where you can lose it all. 
+
+Clearly people are buying in on the hype, getting suckered and then buying more in the hope of getting out, driving the price up. They see their asset being worth potentially millions and then buy to try and get out but are stuck in an endless loop of horror. 
+
+Having watched the series, it weirdly reflects the show quite well, but please don't get suckered in by this and avoid at all costs!
+Unemployment is crazy right now. Trump promised to build new infrastructure, but where are they?
+
+2 trillion is not enough, Trump and congress should unleash another 2 trillion on: 
+
+(1) High speed rail along east and west coast
+
+(2) Columbia River --> California water project, for increasing agriculture exports
+
+(3) Mississippi River --> NM/Western TX water project, for increasing agriculture exports
+
+(4) Powder River Basin coal to methanol plants, to replace import of foreign oil
+
+(5) Federal public housing projects in cities with high home prices
+
+(6) Gigabit internet for every home
+Okay so my ex girlfriend lives on the other side of the country, I can’t see her, I can’t go to her, she’s wants nothing to do with me, how can I get my name of her car loan? She’s not paying it, I have no idea what the account numbers are or who the loan is thru and she won’t talk to me. My credit score is plummeting and I can’t even pay it my self, is there anything I can do to get my name off of it? Everything I have seen online is telling me that the other person has to be involved but that’s not gonna happen. Can I sue her? Is there anything I can do?
+ Was just skimming through all the comparisons between safemoon and bonfire and I had to run some numbers. Safemoon had a peak market cap around 5 billion usd (don't quote me on that). Bonfire currently has a market cap of around 40 million usd. If Bonfire were to hit the same market cap (quite possible if it continues the public hype and ATH it's doing, it would times its current value by \~125x. If you invested your money today at $100, it would turn into $12,500. I'm NOT a financial advisor, what I am saying though is that a coin is that a cryptocurrency or commodity is only as valuable as people think it is. If the lowest sell prices of a coin all get bought out, it'll raise the price of it.
+
+The mass buying of the dips is driving the price up and each time a large holder sells, the dips get bought up by the community. As the community grows, individual value increases, but their impact on the price instability of it decreases. Bring this to social media. Get your friends to put $20 in or something. The more people believe in something the more it has a chance to succeed.
+
+Market cap is close to 50 million already. I'd wager 100 million in the next 24 hours
+
+I got my bag. Will you?
+
+Sitting by the comfy bonfire ;)
+
+Website - [www.bonfiretoken.co/](http://www.bonfiretoken.co/)
+
+Telegram - t.me/BonfireTG
+
+PancakeSwap-[https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x5e90253fbae4dab78aa351f4e6fed](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x5e90253fbae4dab78aa351f4e6fed) 08a64ab5590
+
+Chart - [https://poocoin.app/tokens/](https://poocoin.app/tokens/) 0x5e90253fbae4dab78aa351f4e6fed08a64ab5590
+
+Our own subreddit - [r/BonfireToken](https://www.reddit.com/r/BonfireToken/)
+
+Twitter - [https://twitter.com/token\_bonfire](https://twitter.com/token_bonfire)
+
+BSCScan: [https://bscscan.com/token/](https://bscscan.com/token/) 0x5e90253fbae4dab78aa351f4e6fed08a64ab5590
+$TRAC
+
+Origin trail has been around a while.  Current market cap $55 M. So why is this a moonshot, well what I about about to tell you will explain if you are prepared to read for a few minutes. To cut to the chase this will be a multi billion dollar coin.
+
+$TRAC has been 10 years in the making. Origin trail is not a private company instead it is an open source code created by trace labs to tackle issue that have never been resolved.
+
+The first project I will talk about they are collaborating with will be the biggest however they have several other huge projects this combined will put exceptional price discovery on $trac.
+
+Origin trail have been working with GS1 for several years [https://www.gs1.org/](https://www.gs1.org/) . GS1 Are a not for profit organisation like Origin trail and trace labs. GS1 set global standards for global communication. They created the barcode, amongst other creations, in the 1970s and have been managing its global standards ever since. GS1 Are going to implement a new global standard see video - [https://youtu.be/HDqzTbzabq0](https://youtu.be/HDqzTbzabq0) . GS1 and Origin trail are creating a decentralised knowledge graph that will host every barcode item in circulation. Thats billions of products with massive amounts of transactions per day. It has not been rolled out yet however there is a big announcement on the 17th you should sign up to find more [https://liftoff.origintrail.io/](https://liftoff.origintrail.io/) This solution involves a decentralised data bank that can link every chain legacy and new to the knowledge graph. Think of it as a interoperable decentralised server that every company can tap into to log new products, enquire about products, records movements, audits, just about anything you can imagine. Oracle, SAP, Walmart, Pfizer, Pepsi, Vechain.. the list is endless, they will all use this as it will become a global standard. There has never before been a trusted way for different organisations to immediately share data with.
+
+So how is this going to make $trac a moonshot - GS1 Have 2 MILLION Business clients they advise, also BSI [https://www.bsigroup.com/en-GB/about-bsi/media-centre/press-releases/2019/january/bsi-partners-with-origintrail-to-develop-blockchain-enabled-solutions/](https://www.bsigroup.com/en-GB/about-bsi/media-centre/press-releases/2019/january/bsi-partners-with-origintrail-to-develop-blockchain-enabled-solutions/)  will use this, they have 84,000 business clients. We are talking almost every serious company in the world. $trac will be used to pay for data enquiries ect via a fiat on ramp much like companies do to buy Oracle credits per say. This on ramp is a simple payment gateway, companies need know nothing about crypto as when they purchase data usage it is a auto market buy for $trac to pay the node runners. This will create immense buying pressure that will propel $trac regardless of bear or bull market. This will be the first truly mass adopted utility crypto. As the knowledge graph its self is not on the blockchain it can scale indefinitely. Thumbprints will be stored on chain instead. odn INFO - [https://tech.origintrail.io/protocol](https://tech.origintrail.io/protocol) .
+
+In all my time researching projects I believe this is the one, guaranteed mass adoption.
+
+And to think this is just one of the projects that Origin Trail are working with. They have been selected to help build the next generation Internet and also Parity Polkadot on their solutions.
+
+DYOR and join the dots. Id encourage you to do it soon as once people understand what is happening, its implications it will blast off.
+
+The team have over the years not pursued mass exchange listings as they know what the final goal will mean. However they discussed at a recent AMA they may list on one more reputable exchange soon. I share this with yous as yous have shared projects with me.
+
+​
+Yesterday I got a fraud alert from chase that a check was being cashed from my account for $10k asking for me to response Yes or No if it was legit, No would meant they don't honor the check. I didn't see the alert until today but chase processed the check anyway and now I am out $10k. I called the bank immediately to freeze my account but no one could help any further over the phone, I'll have to wait until Monday. My question is, how in the world could the bank allow for that check to clear when they sent me a fraud alert and I never responded, what is the point of a fraud alert if they will disregard it anyway? My daughter said when she gets a fraud alert for her cc the transaction won't process unless she responds yes or no. I logged into my account and saw the check, it was written on a check that looks exactly like the checks from my checkbook and the check number was the same as a check that I'd written days ago and dropped off in the mail to pay a bill, same exact check as mine but with completely different info and someone else's signature. It was as if someone made an exact replica of the check I sent in the mail and put total different information on it, but it doesn't appear they used white-out as that would have been an immediate red flag when it was deposited. Will I be able to recover my funds from the bank?
+After reading Get Rich with Dividends two years ago, I have been building and trying to perfect a dividend growth portfolio in my Roth IRA. I recently performed a 401k rollover and have $13k to invest. 
+
+The goal, set it and forget it with an additional $500 a month for couple etfs or individual stocks. I have been contemplating JEPI, SCHD, VTI and DGRO. After trying multiple individual stocks, I found it hard to start a significant snowball effect. This strategy seems sound to me but I can’t help but feel I am overlooking opportunities of dividends in a tax-free account. 
+
+Are there aspects I am overlooking? Any tips for dividends in a tax-free account?
+Right now I have VTI, SCHD, and DGRO in my portfolio. Is there any other ETF’s that I should add that won’t overlap or overlap too much? Trying to have 4-5 ETF’s in my portfolio and probably have 10 stocks, so 15 total.
+TLDR: Etoro has about 1.2 million TOTAL funded shareholder accounts.  His calculation is based off of 1.2 million Etoro shareholders that own GME.  
+
+# New Estimate:
+
+This is the post I'm referencing: [https://www.reddit.com/r/Superstonk/comments/np4wwu/etoro\_got\_their\_15\_of\_all\_gme\_holder\_straight/](https://www.reddit.com/r/Superstonk/comments/np4wwu/etoro_got_their_15_of_all_gme_holder_straight/)
+
+Etoro has 1.2 million funded accounts (page 5) [https://marketing.etorostatic.com/cache1/pdf/eToro-Investor-Presentation.pdf](https://marketing.etorostatic.com/cache1/pdf/eToro-Investor-Presentation.pdf)
+
+6.71% of Etoro shareholders own GME. source is screenshot from OPs post:  [https://preview.redd.it/ksbd4yfkwg271.png?width=283&format=png&auto=webp&s=de99df2f930e57711e0c04e685a08364ddd19bb3](https://preview.redd.it/ksbd4yfkwg271.png?width=283&format=png&auto=webp&s=de99df2f930e57711e0c04e685a08364ddd19bb3) 
+
+6.71% of 1.2 million is  80,520 Etoro funded accounts that hold GME. 
+
+ According to this email.....[https://www.reddit.com/r/Superstonk/comments/nmos5k/what\_the\_actual\_fuck\_did\_etoro\_just\_say/?utm\_medium=android\_app&utm\_source=share](https://www.reddit.com/r/Superstonk/comments/nmos5k/what_the_actual_fuck_did_etoro_just_say/?utm_medium=android_app&utm_source=share) .... Etoro represents 1.5% of all GME shareholders
+
+So if 80,520 GME shareholders represent 1.5% of all GME shareholders, **the new estimate is 5,368,000 total GME shareholders (80,520/1.5%). Much lower than 89 Million.**
+
+Think about it,  6.71% of 20 million is 1,342,000 million accounts.  Right there that should tell you the data is wrong if over 100% of Etoro accounts would have to own GME for his math to work.  
+
+Again this is just an estimate so take it with a grain of salt.  Its also important to note that we are making this estimate off of only 1.5% of the data, so there is PLENTY of room for error here.   Feel free to check my math and let me know if I went wrong somewhere, but my main goal here was to stop the spread of misinformation.
+Mohamed El-Erian just announced on CNBC that the markets are already having “technical issues”. He is saying that people will have issues selling and buying stocks and options. For how long? Who knows. 
+
+He went on to say that if there is a great amount of “health issues” with the market, they will most likely be closed. He didn’t elaborate on “health issues” so I assume it means that if there are too many “technical issues” this morning, they will be shut down. 
+
+There will prob be enough time for big money to cash out before a potential close. Never forget this game is rigged for the big dogs.....
+
+Edit: “Health Issues” was later expanded upon to be, “A market that is not healthy for people to operate in”. AKA a market where us peasants can cash out in.
+I have read a lot of the posts here and to help people who may not know I was wondering if traders in here were willing to share their strategies that they are using? I hope people would consider doing this. Thanks for considering!!!
+So i was messaging my brother yesterday (who I also got to get GME shares) how I found it funny that the deadline for the share recall is on 4/20 and the day of the annual meeting on 6/9. Then it struck me. 
+
+That isn’t a funny coincident. It’s too unlikely for that. That made me go down a little rabbit hole and reconsider everything RC has tweetet and some DD concerning the 10-K Filing and such. I’m flairing this as possible DD, because it is highly speculative as I am attempting to get inside Ryan Cohens mind. Remember that I am a lowly ape and don’t know shit. 😎🦍
+
+Ok so what? RC picks these dates to be funny, that’s cool, but that doesn’t help anyone. I beg to differ. Take a step back. It proves that he understands Memes and the internet culture. Our jokes. He Is telling us: “I see you, I understand, let’s have fun. Also, I have the CONTROL to SET THESE DATES”. Not Sherman, no one. ME”. 🦍😎🚀🚀🚀🚀🚀
+
+HOLY SHIT, just this little light bulb igniting already gets me jacked to the tits.💡 he is in full domination mode at Gamestop. No one internally can stop him. His hands are actually Diamond handing the company. 🙌🏻💎🙌🏻💎🙌🏻💎
+
+Now he could just be a funny guy with these numbers...however.
+
+Gamestops 10-K Filing to the SEC. Remember the great DD about Gamestop mentioning the high probability of a short squeeze and expected extreme volatility? Remember how DD proved how highly unusual it is to include these topics and wording in a 10-K Filing? Remember it mentioning the high concentration of short positions and that short sellers might be forced to purchase shares at a premium? Great, let’s continue. 
+
+He tells us: “I’m working on the short squeeze guys. I can’t talk about it publicly, because they’d get me for manipulation, but here it is for the world to read. I will do this right. Nothing cryptic, clear and openly. Also, fuck Hedgies in advance, they won’t be able to sue me later, I’m playing this by the book and got my big dick lawyers with me to perfect every single word”. 
+
+I deduce by this that he is extremely aware of the short situation. Perhaps even more so than we are. Also: Remember his tweet “I like your shorts with the chewy mascot”. 
+
+Summary up until now:
+
+- He understands our jokes and culture and actually expresses this through critical dates for the company Gamestop, which also showcases his high degree of control over the operations of the company even before he is CEO (which I expect will happen soon). The position is nice to have, but not having it already makes no difference to his control over the company. 
+
+- He tells us that he knows about the short sellers, their extremely overextended position and the EXPECTED volatility. He uses this Filing to cover all legal bases to deny evil Hedge fucks a vector of attack on him, the company, the stock, or the MOASS. He leaves them no way out, with extreme levels of clarity on this legal document to the SEC.
+
+Next: he tweeted the picture of a Gamestop store and it’s location, which to my knowledge he hasn’t ever previously included locations in his tweets (correct me please if this is wrong). It is thereby noteworthy. Apes went apeshit (😉) and found the “Diamond hands” in the girls hands symbolized by the Diamond sword out of minecraft and also the “Tuesday Morning” on the store next to this specific Gamestop store with the arrow pointing to the Gamestop stores Logo. The next morning, on Tuesday, we got the big news that GME paid of all its debt 2 years early. What a sign of strength by a thriving company. 
+
+Oh but is is so much more than that. 
+
+Remember the DD of the last 3 days? What it means that Gamestop is no longer indebted? What strategic options this allows to manifest? Dividends? Stock splits? Ooooh yes. 
+
+So here is what I believe all this puzzles together to and what he wants to tell us. Careful it is just conjecture:
+
+“I see you. I know. I read the DD. Certain steps must be made for the MOASS ritual to be completed. Some you will see and find, others might be invisible to you. I know the process and I am working on it. Keep your Diamond hands, for I wish you to be my undying and ever-loyal customers/share holders. I purposefully chose the 4/20 and 6/9 to give you an indication of when all planets have aligned in this multidimensional and excessively complex summoning ritual. It is not ON those dates, rather somewhere between these two dates. Not even I can factually know all of what the opposing shorters will attempt, therefore there is an element of imprecision as to the timeline. I see only my path and that of my allies, therefore not even I can give an exact day. Use the time to buy more. 
+
+WHEN THE SUMMONING RITUAL IS COMPLETE I WILL INVOKE THE ALMIGHTY CAT GOD MOASS TO DOMINATE OUR LESSER PLANES OF EXISTENCE AND VANQUISH THE EVIL BEARS OF THE HEDGE WASTES. IT SHALL BE GLORIOUS. THE WORLD SHALL NEVER SEE ITS EQUAL AGAIN AND YOU WILL ALL PURRRRR IN EXULTANT ECSTASY. 
+
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🙌🏻💎🦍🦍🦍🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+Great. Now that you know that I am a huge nerd and entirely unhinged enjoy your evening and jacked tits. 
+
+I’m not a financial advisor, this isn’t financial advice. I smoke crayon powder. Also I can’t know what Ryan Cohen thinks or feels. I am a lowly ape attempting to see things from another persons perspective. Empathy, fuck yeah. Please critique my ramblings. 😎👍🏻
+
+Edit: I view the 10-K Filing as a declaration of his intent. A warning: “I will annihilate you shorters. Run. MOASS is approaching. Flee before him”.
+This morning marked the end of a long and frustrating saga involving Ally bank's Bill Pay feature. Let me preface by saying that I've been a customer for 10 years now and this is the first issue I've had, but it was a doozy! 
+
+I'd been using Ally's bill pay feature to pay our kids' preschool each month and, until last October, everything had been going smoothly. That's when we received notice that the school had never received our October payment of nearly $600, despite it having cleared our account via bill pay. 
+
+For those of you unfamiliar with how it works, Ally debits your bank account on the date they *believe* the check will be delivered, not the date it clears. This money goes to a third party, Northern Trust, who actually cuts the check and then mails it out. In our case, the check was intercepted in the mail and cashed by an unknown person, so the money never made it to the school. Per the check image, no one ever endorsed it, but they were able to clear it nonetheless. A dispute was filed and the police got involved because apparently this is a thing that's been happening up and down the East coast with checks mailed to schools.
+
+Now with a brick and mortar bank, this would've been resolved pretty quickly and you'd get your money back in maybe a week or two. Not so here since a third party was involved. After calling and emailing every two weeks for a status update, which they were less than helpful in providing, we got our money back today, 127 days after filing our dispute. Fortunately we were able to float the loss of the money for that time, but it could easily cause a lot of problems for someone who couldn't and it illustrates the importance of keeping an emergency fund. Please be careful when using bill pay and know that this is a possibility and you'd never know until your payee made you aware.
+
+TLDR: Our Ally Bill Pay check mailed to our kids' school was intercepted and cashed. It took Ally 127 days to restore the funds after filing a dispute. Careful out there, everyone!
+Just got a text off virgin mobile. My bill will increase by 12% almost. 
+
+Anyone else's phone provider being this bad? 
+
+"Hi there. From 1st April 2022 your monthly airtime price will go up by 11.7%, in line with the Retail Price Index inflation of 7.8%, plus 3.9%. For example, a X plan will increase by X."
+**My background:** I graduated from a top 20 school this May  majoring in finance and math and began work as an investment banking analyst at a boutique investment bank.  I have interned in the past at a well-known asset manager (active investing) and one of the country's largest private equity firms.
+
+-------------------------------------------------------
+
+**Investment Banking:** This is by far the most popular entry point out of undergrad.  It preserves a high degree of flexibility towards future careers and shows that you can work long hours under tight deadlines. Investment bankers, at an analyst role, are typically in excel and powerpoint producing various analyses.
+
+Investment banking mostly deals with mergers & acquisitions (M&A), debt issuance (bonds), and equity issuance (IPO).  My boutique deals primarily with M&A, so I can explain this in the most detail.  We are paid a fee to either sell a company or buy a company for the best price possible for our client.  Like a real estate agent, we are there to maximize value.  In either case, the analyses are similar.  
+
+*Accretion/Dilution Analysis:* This looks at earnings per share (EPS) of the bidder (the buying company). This is simply net income (revenue less expenses) divided by the share count of a company.  This will change when a company acquires another company.  Revenue and expenses will increase by the revenue and expenses of the seller.  In addition, the company will be acquired using either (1) the bidder's cash balance, (2) a debt issuance, (3) stock issuance, or (4) some combination of the prior ways.
+
+(1) The only additional expense is the opportunity cost of the foregone interest (this is typically very small).  This is why analysts are clamoring for Apple to make acquisitions.  Apple has a large cash balance that is earning little-to-nothing, and they could be buying companies with it.
+
+(2) There will be interest expense due to the new debt raised.
+
+(3) The company will have to issue shares to acquire the company, so its share count will increase, increasing the denominator in earnings per share.  Obviously, hopefully earnings will increase as well.
+
+An acquisition is generally thought of as "good" if it is accretive (increases the buyer's EPS) within the next few years, and "bad" if it is dilutive (decreases the buyer's EPS).  This is too simple, however, because the buyer should consider long-term planning.  For example, in Facebook's $1 billion acquisition of Instagram, the deal was dilutive for a long-time.  They paid $1 billion, but Instagram was making no money.  However, over the long-term, it was a great strategic fit and Facebook was able to maximize the value of the company.
+
+*Discounted Cash Flow Analysis:*  Under this analysis, one projects a company's future cash flows, including a terminal value.  Then, these future cash flows are discounted back to the present and summed to determine the overall value of a company.
+
+With financial independence, my spreadsheet is a "snowball" calculation in which I save a given amount per year, and these savings grow at market returns to reach a given amount near my retirement goal. 
+
+A discounted cash flow is basically the opposite of that. A company will make (based on estimates, obviously not reliable for most cases) a certain amount each year -- this determines the value of a company.  However, as always, I prefer the company to make this value sooner rather than later.  Say if Tesla, for example, will not actually produce cash flow for 20 years.  At an 8% discount rate, a cash flow 20 years from now is worth 1 / (1.08^20) = 1 / 4  -- one quarter what it would be if it were produced today.  Wow!  Anyway, this analysis is another way of determining the value of a company that is being bought, sold, or raising money in an IPO (initial public offering).
+
+In investment banking, pay is somewhere is the area of 130-160k (including bonus) for a first-year analyst.  First-year associates (after 3 years of analyst or out of an MBA program), will make 250-325k.  This is at bulge bracket firms (Goldman Sachs, Morgan Stanley, Bank of America, Citi, JP Morgan, UBS, Credit Suisse, Deutsche Bank, Barclays) and elite boutique firms.  **Hours are 65-100 hours per week.** Most firms, however, and now instituting weekend policies.  I am guaranteed off from 8pm on Friday to 9am Sunday, so if I wanted to have a girlfriend, I could.  It's extremely nice to know that you can make plans for a given day of the week, and it wasn't this way in the past. On a typical day, I get up at 8, am in the office by 9:30, and leave around 11. Dinner and taxi home are paid for. The pay and intellectual stimulation are great, but the main advantage is the career path flexibility.  With the ability to work hard and work smart proven, I can move to many different related fields with some of the following: more pay, better hours, and better type of work.
+
+**Equity Research:** Equity researchers model company financials and rate various stocks.  For example, a consumer/retail analyst might cover Nike, Under Armor, Lulu Lemon, and 5-6 other names.  They attend industry events, get a feel for the companies and meet their management teams, and become all-around experts on the industry.  Hours are likely 50-80 a week, depending on the firm, with additional hours during earnings season, when the analysts will almost always publish updates on the companies they follow. The main analysis for this type of job is a simple 3-statement model, which covers the income statement, balance sheet, and cash flow statement.  If you can do a personal income statement and balance sheet / net worth, you can do this with some training.  A 3-statement model helps put a value on a company.
+
+There are two types of equity research jobs, sell-side and buy-side.  Sell-side sells their research to buy-side firms who then use it to decide whether or not to BUY securities, such as hedge funds and large asset managers.  Buy-side researchers give their research & opinion directly to the portfolio managers that make final decisions.
+
+Hedge funds hire these equity research analysts to help them make decisions on which securities to buy.  A hedge fund typically raises funds from pensions, endowments, and the wealthy, and uses them to actively invest in public securities.  They are often paid a 2% fee on the total capital they invest, and take 20% of their returns. The employees are highly compensated and will also make huge bonuses if the fund has a high return.
+
+**Active asset managers and hedge funds have a huge amount of resources at their disposal, including meetings with the company's management and expensive calls with industry experts.  They bring efficiency to the markets. They are why you should not try to actively invest as an individual investor.**
+
+**Private Equity / Venture Capital:**  Private equity firms buy companies (either public companies or private companies) and take them private. They often put on high amounts of leverage, which will increase returns (in upside cases) and shield the companies from taxes via an increased interest expense.  They attempt to back strong management teams and companies with stable cash flows. They will often make operating improvements, such as reducing administrative expenses, better sourcing of materials, or expanding into a new product line.  
+
+Growth capital firms invest to help a company grow.  They help firms roll-out nationwide, such as restaurants or retail chains.
+
+Venture capital firms invest in a large number of early-stage companies, knowing that many will fail but hoping that one or two might become the next Facebook.
+
+-------------------------------------------------
+
+**How to Get In:**
+
+*Out of Undergrad:* The following are hugely important, and they are generally given in order of importance:
+
+1) Attend a top school, such as an ivy
+2) GPA above 3.6, preferably above 3.8
+3) Internships in similar roles: do whatever needed to do these, including loans or taking a second job during an unpaid internship
+4) Examples of leadership (club president, etc)
+
+After this, there are numerous technical and 'fit' interviews to prepare for.
+
+*NOT out of undergrad:* Usually one goes through an MBA and off to investment banking.  It's often not possible to get an investing role post-MBA without having an investing role pre-MBA.
+
+*Backdoor:*  I think one aspect that is really overlooked is the ability to specialize.  While I am (happily) a generalist in my current position, we have a lot of senior bankers with detailed experience in the sectors they cover.  If you are an engineer, you will be able to talk with and will have a stronger background for an "industrials" group. If you have experience at a tech firm, you will have a stronger background for a "technology" group.  I am on a lot of deals in the healthcare space, and its quite tough for me to understand, because a lot of it is description of molecules and the like.
+
+This is getting really long, so I'll stop here for now and add anything I missed in the comments.
+
+---------------------------------------------------------------
+
+Originally posted in financial independence subreddit but figured this may have some use here - most of it is pretty basic.  Feel free to ask me any questions.
+https://www.cnbc.com/2019/07/10/jpmorgan-creates-robo-adviser-you-invest-portfolios-with-free-etfs.html
+
+After years of development, J.P. Morgan is releasing a digital investing service called You Invest Portfolios.
+
+For an annual fee of 0.35% of assets, J.P. Morgan will put users into an investment portfolio made up of the bank’s ETFs.
+
+Unlike most rivals, J.P. Morgan is waiving fees for the underlying investments, which should cut investors’ costs by about 15 basis points, according to the bank.
+Who is genuinely excited to see this price action. 
+
+I'm sure a lot of newer investors here might truly be questioning their investment, thinking, "these people are just saying that to make themselves feel better" or "they wouldn't really hold" or "they call it a discount or a sale, but really they wish we weren't dropping"...
+
+NO.
+
+Seriously, I do not know how to make sure people understand this, and many of you already do, but to anyone questioning our resolve, I *do not* care what happens to the price! It's honestly just exciting to watch it move. Because, with all of the duckery, all of the manipulation, I know *something* is moving the price, and *I know* that it's not ME. I am the foundation of this company, along with thousands of other investors directly registering shares, booking them, and holding them. *They* and myself have a knife to the throat of corruption. I love it here, and I love the volatility, I even love the sideways daze of yore. I love it all, because this is *my* protest, this is *our* investment. Happy almost new year, friends.
+Who is genuinely excited to see this price action. 
+
+I'm sure a lot of newer investors here might truly be questioning their investment, thinking, "these people are just saying that to make themselves feel better" or "they wouldn't really hold" or "they call it a discount or a sale, but really they wish we weren't dropping"...
+
+NO.
+
+Seriously, I do not know how to make sure people understand this, and many of you already do, but to anyone questioning our resolve, I *do not* care what happens to the price! It's honestly just exciting to watch it move. Because, with all of the duckery, all of the manipulation, I know *something* is moving the price, and *I know* that it's not ME. I am the foundation of this company, along with thousands of other investors directly registering shares, booking them, and holding them. *They* and myself have a knife to the throat of corruption. I love it here, and I love the volatility, I even love the sideways daze of yore. I love it all, because this is *my* protest, this is *our* investment. Happy almost new year, friends.
+I couldn’t find the news here and also don’t know if it is allowed to name the torch ticker. I have no position in it. You are also not able to buy anymore.
+
+The company is going privat. That is not a speculation, they have announced it. Brokers are allowing only to close positions. They announced that all short positions need to be closed up to the 12/08/2022.
+
+Why is it GME related?
+1) We can observe how brokers and DTCC is handling the closing of all positions.
+2) Congratulations to anyone who has positions in the ticker. They might want to invest gains of their liquidated positions somewhere else?
+3) It will hurt the short sellers and could activate margin calls. There are some diamond hands holding this ticker for 1 year.
+I couldn’t find the news here and also don’t know if it is allowed to name the torch ticker. I have no position in it. You are also not able to buy anymore.
+
+The company is going privat. That is not a speculation, they have announced it. Brokers are allowing only to close positions. They announced that all short positions need to be closed up to the 12/08/2022.
+
+Why is it GME related?
+1) We can observe how brokers and DTCC is handling the closing of all positions.
+2) Congratulations to anyone who has positions in the ticker. They might want to invest gains of their liquidated positions somewhere else?
+3) It will hurt the short sellers and could activate margin calls. There are some diamond hands holding this ticker for 1 year.
+I own 3 single family homes and am in process of purchasing my first duplex. Most places I do my research at say that multi-family is eventually the way to go. But most multi-family units (duplex to quadplex) are in lower quality parts of the city. I’m concerned with having constant issues with duplex tenants because I’m not sure the quality of tenant will be great. I do understand that the scalability of multi-family is easier but I’m not sure that outweighs having bad tenants. Any insight would be appreciated.
+I am a high earner, and looking to minimize my income taxes. I'm considering buying real estate in part to lower my income taxes.
+
+Does depreciation affect income taxes? Or is it only business expenses or rental income?
+
+Are there any other tax benefits that would lower my income taxes?
+
+Thanks in advance for the advice!
+The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Kardashian agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation.
+
+The SEC’s order finds that Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about EMAX tokens, the crypto asset security being offered by EthereumMax. Kardashian’s post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens.
+
+"This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors," said SEC Chair Gary Gensler. "We encourage investors to consider an investment’s potential risks and opportunities in light of their own financial goals."
+
+"Ms. Kardashian’s case also serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities," Chair Gensler added.
+
+"The federal securities laws are clear that any celebrity or other individual who promotes a crypto asset security must disclose the nature, source, and amount of compensation they received in exchange for the promotion," said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. "Investors are entitled to know whether the publicity of a security is unbiased, and Ms. Kardashian failed to disclose this information."
+
+The SEC’s order finds that Kardashian violated the anti-touting provision of the federal securities laws. Without admitting or denying the SEC’s findings, Kardashian agreed to pay the aforementioned $1.26 million, including approximately $260,000 in disgorgement, which represents her promotional payment, plus prejudgment interest, and a $1,000,000 penalty. Kardashian also agreed to not promote any crypto asset securities for three years.
+
+The SEC’s investigation, which is continuing, is being conducted by Jon A. Daniels, Alison R. Levine, and Pamela Sawhney of the Enforcement Division’s Crypto Assets and Cyber Unit, and Kerri Palen, Lisa Knoop and Victor Suthammanont of the New York Regional Office. The case was supervised by Mark R. Sylvester of the Crypto Assets and Cyber Unit and Carolyn Welshhans.
+
+The SEC’s statement urging caution regarding potentially unlawful celebrity-backed crypto asset offerings can be found here. SEC Chair Gensler today published a video warning investors not to make investment decisions based solely on the recommendations of a celebrity or influencer.
+
+Source: [https://www.sec.gov/news/press-release/2022-183](https://www.sec.gov/news/press-release/2022-183)
+
+Kim Kardashian charged $1.26 million by the SEC over allegations she broke the law by promoting EthereumMax, without disclosing she was paid $250,000 for the promotion. Do you think all celebs who were paid to promote crypto and NFTs should also be charged?
+Hi all. While it is exciting to see the amount of FTMO passing going on, I need to be a buzzkill and remind you that the majority of people fail those challenges and just keep taking them until they pass.
+
+I think it might be prudent to set reminders up on every FTMO pass thread and ask the OP how they are going after 3-6 months. Hopefully they are actually still going well but statistics will suggest otherwise.
+
+I also suggest people who have taken it and fail come forward and make it known as the current landscape of this subreddit is making it seem like asif everyone passes FTMO and continues earning big money every month for the remainder of their life.
+
+Too many people act like getting the account is the hardest part but I can assure you that KEEPING the account is the hardest part. Passing is easy, all you need to do is fail and keep repeating until a winstreak coincides with your test period. I will be trying to go back in time and find threads in my spare time to reach out to the OPs to see which % actually keep their account past a couple of months. If I can be bothered I will try to build a spreadsheet. If anyone can be bothered, feel free to link a thread below so I can build the sheet faster - no worries if not, no obligations here.
+
+peace
+Yesterday there was a big thread about this, but very few of the answers actually tried to answer the question seriously.
+
+I believe there are three ways companies strike it big:
+
+1) **They invent (or seriously flesh out) and market a new technology**. Think Edison's light bulb. This is the most risky type of investments. Most inventions turn out to be either impossible to create at the time (Theranos, HDSN - if we talk publicly traded), impractical to produce at scale (many "in 5 years" technologies that you see in the media) or fail to find consumers (did you know Sears had an online service that offered social media, search engine and an online shop in the late 80s?). Even those that actually scale those three obstacles may not really strike it big and become a niche product (Segway). So extremely risky. The sectore with where most of the invention of new technologies is going on is pharmacology, biotech and material sciences. 
+
+2) **They bring a niche or luxury product/service to the masses**. Think Ford's cars. This is a bit less risky as we are not talking about a possible Theranos/HDSN style failure. It may still fail to scale the production or reach a market though. I think currently there are a lot of ventures that are bringing processes that used to be the domain of big companies to tiny companies. Think Salesforce, Square or Shopify. 
+
+3) **Make an existing service/product much more efficient than any of the competitors**. Think Walmart or South West Airlines. This is even less risky than the previous two - the product or service exists, and is highly marketable, you "only" have to be able to implement your more efficient strategy. A lot of the cloud-using companies are like this because they can scale their customers much more easily - Zoom Video for instance, MongoDB, Okta etc.
+
+So here's the deal, I'm going to play with open cards and post a portfolio that will strike it big in the next decade. Laugh at me if you want to, but better yet, give it five years and laugh at me then:
+
+New Tech stock:
+
+GH, FLXN, VRTX, OMER, PCRX, HXL, FMC - extremely risky, expect these to go belly up
+
+Luxury for the masses and/or more efficient than competitors (it's a bit arguable):
+
+MELI, MSFT, AMZN, SHOP, CRM, SQ, AYX, PYPL, TTD, ZM, MDB, OKTA, ZS, TWLO (MSFT and AMZN are here because they provide the cloud for the rest of them) - very risky - I don't think they go bankrupt as easily, but pricing is high and they may not turn out to be the winners the market is expecting them to be. 
+
+Needless to say - I own most of these.
+What's this about? [MarketWatch shows losses on the 5D](https://www.marketwatch.com/investing/stock/bynd) . The [dunkin donuts](https://twitter.com/GoodFoodInst/status/1186300060621033474) and the [Subway](https://twitter.com/BeyondMeat/status/1186798146153631744) launches are not getting good reaction on the floor? Someone smarter than me will explain this so well that it'll make me look like a fool.
+The Senses collection is made up of these 3 avatars:
+
+​
+
+https://preview.redd.it/8r8tpg9aywk91.png?width=560&format=png&auto=webp&s=7f1841a41b0408d5c1126130a593cfe33b2b036a
+
+  
+"The Hands" avatar originally could be purchased on reddit $74.99. It was a series of 100 avatars. Yesterday #31/100 was resold for $1370.96 on opensea. The buyer has a collection of various other NFT's including a Bored Ape. The same guy also purchased "The Eyes" for $847.22. It was a series of 1000 avatars originally costing $9.99 each.
+
+https://preview.redd.it/904v38kfywk91.png?width=1376&format=png&auto=webp&s=89b8ed19ba8c7134a8544032c443d5729664b395
+
+This could just be someone buying their own avatars faking volume/interest but it would be a bit of waste of money since there is a 5% royalty on all sales.
+So many scams.
+
+Hard to covert money back to fiat.
+
+Relentless junk and fake emails.
+
+NFT hype, stupid .jpgs and celebrities exploiting the space.
+
+So many shit coins.
+
+So many pump and dumps.
+
+“Use cases” mostly bullshit.
+
+“Great community” mostly bullshit and in my opinion preys on those who seek a community to be involved with whilst unknowingly having their pants pulled down. 
+
+Horrendous fees to do literally anything with crypto.
+
+Still so complicated to deal with and risks of accidentally losing your money.
+
+Hodling, diamond hands, rockets etc.
+
+Market manipulation just like the stock market.
+
+“Unregulated” - ok, if that’s even really true, is that so great? See above re scams.
+
+Using fiat remains by far easier and more secure. 
+
+And last but not least, just losing money unless you’re lucky to have been ACTUALLY early (you are no longer early) or strike on a pump and dump early and get out at the right time.
+
+I am willing to hold until I break even and I am then getting the hell out if I can even get my sodding money somewhere I can use it, after paying the tax man handsomely of course.
+So, as we all know, technical analysis is an extremely useful and accurate way to predict price movement over time. However, most people fail to use it correctly because they lack the skills to recognize great set ups. Triangles, wedges, cups and handles and flags and pennants and everything else you've been told to use might work 40-50% of the time, but what if I told you that there was an **extremely rare,** ***EXTREMELY BULLISH*** chart pattern that you've never heard of?
+
+I introduce to you: the "Stegosaurus Under a Rainbow". Charts this bullish are almost always the stuff of fantasies, but as of the 7/20 daily candle's close, Bitcoin has broken out of its spiked tail range and will soon be on the move to ATH.
+
+[The \\"Stegosaurus Under a Rainbow\\" Chart Pattern](https://preview.redd.it/dy75jbb9xoc71.png?width=2709&format=png&auto=webp&s=cac507100746399656e9258ea0892ff18ff5174c)
+
+So, how does it work? Glad you asked. First, we start with the formation of the head, and most notably, the eyeball. The uptrend into 2021 began to reverse and form the neckline, which ended in mid-February. The long wicks in January, one green and one red, form a level of support perfect for this little guy's eye to sit at. But, the formation of the head + eye do little on their own, so let's move on.
+
+During the massive bull run, we see BTC in a strong uptrend, creating higher highs and higher lows between February and the end of May. These form the iconic scutes, (the bony plates on its back) and lead us  gently into the consolidation phase, the spiked tail.
+
+Before I forget, the rainbow is an often overlooked feature of this highly technical pattern. In order to be confirmed, there needs to be a touch from the candles in the head range, the tail range, and each and every scute. Although we almost didn't get the last bounce from the tail spikes, it managed to eek out two bullish days in a row and close the rainbow.
+
+The most delicate and most important phase is the final consolidation down Mr. Stegosaurus' spiked tail. These choppy movements are volatile and difficult to trade, but somehow the candles managed to outline an exceptionally strong tail.
+
+The nearly 8% swing on the 7/20 candle broke out to the upside of the tail range and confirmed that, beyond a shadow of a doubt, Bitcoin is about to take off and reach ATHs very very soon.
+
+See you all at $75k!
+Hey friends. The market is green AF and the majority of the biopharm pennies are running right now. I’m sure most of you have noticed this. 
+
+Almost all the previously $1 range or even sub $1 pennies discussed on r/pennystocks over the last month are running. A lot of them are running hard. Many seem to be doing so without catalysts. 
+
+So, what’s happening? I think at the moment we are living in a biopharm penny bubble. My guess is it’s a combination of the very green market, the trillion dollar stimulus on the horizon, OCGN (an OG r/pennystocks play) making such a stellar run and people still feeling the GME buzz and thinking that reddit hype is driving stocks. 
+
+It is always important to do DD. But now more than ever, I wouldn’t jump into anything that has made a huge run in the last 24 hours without some extremely solid DD. You may get left holding some heavy bags. 
+
+I would love to hear what others think about this, but I feel a cool off coming. I think a lot of these gains are unlikely to hold until next week. Especially those running without catalysts and getting sympathy runs. 
+
+I’m predicting some juicy offerings this week and a massive penny sell off on Friday before the end of afterhours trading. At least, more offerings and sell offs than usual 😂
+DRS numbers being published each earnings report as going up millions of shares per quarter, basically proves that people are buying more than selling. I guess theoretically people could be DRSing all their existing shares slowly, but that doesn’t make any sense and even if that was true it still proves they aren’t selling. When someone DRS’s their shares it basically is saying “I’m in this for the long haul”. With more and more shares being objectively categorized as that, it signals very specifically and objectively that fewer shares are being sold which strongly suggests more shares are being bought than sold. This should tell other investors that the price should trend up. Therefore anyone who completely trusts the market to work as expected should want to invest in GME, regardless of any other sentiments. Those that don’t trust the market should also want to invest because they can see that the price is being suppressed. 
+The first earnings report to show fewer directly registered shares than the last will be a signal to sell…but I don’t believe that will happen until every share is locked.
+Hey guys I know that there has been alot of controversy about the ARK ETFs in the dividend community, they do pay a dividend (so it is relevant to this group) but I just wanted some opinions on what you guys think about holding them in your dividend growth portfolios and do any of you have any first hand experience with them? What is your favorite one?
+**Disclosure:**  
+
+I don't recommend this stock very often since it is my employer, I have worked there since I was 17, and I am a manager with access to material nonpublic information about the company.  However, I feel like the price has been beaten down to a point where I see it as downright ridiculous.  I own a significant number of shares in the company, and have been a shareholder since I was 19.  Nobody currently employed by the company knows who I am, nor have I been asked by the company to make this post.  I am absolutely not doing this with the consent of home office.  They have no idea, and were not consulted.  [Here](https://m1.finance/w9dXpMGFVaBd) is my portfolio for complete transparency.
+
+This post is solely my opinion.  Don't base your life off of just my opinion.  If lawyers are reading this, insert the word allegedly wherever applicable.
+
+​
+
+**Unbiased description from Seeking Alpha:**  
+
+Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company’s Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company’s gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 15, 2021, it operated 664 Cracker Barrel stores in 45 states. The company was founded in 1969 and is headquartered in Lebanon, Tennessee. 
+
+​
+
+**Why I am bullish:**  
+
+Cracker Barrel is, in my opinion, the only restaurant chain that has been able to successfully build a moat around itself.  I see it as the only restaurant company that meets Warren Buffett's investing style.  
+
+​
+
+**Fundamentals**:
+
+The fundamentals of the business are strong.  Compared to 99% of restaurants, I would say Cracker Barrel has a superior business model.  Each location is designed to generate a significant amount of cashflow, far superior to most other restaurants.  The average Cracker Barrel revenues around $85,000 -$90,000 per week.  Approximately 80% comes from the restaurant, 20% from the retail (we dislike the term gift shop).  While much is said about the food Cracker Barrel serves, the company's main source of profit is actually the retail business.  The exact breakdown is information I am not allowed to disclose, but I will say that the  restaurant generates enough cash flow to cover all the business's overhead.  This means that when it comes to retail, take that revenue, subtract the average cost of goods sold (usually \~55%), subtract the cost of labor and the rest of that is pure profit.  
+
+​
+
+**How management works:**
+
+From a management perspective, the restaurant and retail are managed for the most part as separate businesses.  The average store employs around 120 people.  6 are management.  Each store employs 4 Associate Restaurant Managers, 1 retail manager, and 1 General Manager.  100% of General Managers are promoted associate managers.  The average GM earns a six figure income.  Managers are contracted to work 50 hours per week (5 ten hour shifts) if restaurant, and 45 hours per week (5 nine hour shifts) if retail.  In addition, each store employs 1 person known as the Employee Training Coordinator (ETC).  A full time hourly employee whose sole job is to handle all onboarding, training, and retention of new hires, allowing management to focus on running the business.  Most ETCs are training to become managers.  
+
+As there are no franchises (and thus no franchise owners), the management structure must be vertically integrated.  The company utilizes a matrix leadership structure, where the retail and restaurant halves of the business are managed separately.  There are 20 Regional Vice Presidents (Also known as RVPs.  Executives who are classified as Section 16 Officers under SEC regulations.  10 Restaurant, 10 retail) who indirectly oversee all company owned stores.  Below them are a number of District Managers, who serve as the core of Cracker Barrel's middle management.  District Managers (or DMs) are usually promoted retail managers or General Managers who have been appointed by an RVP to oversee a group of stores.  DMs are issued company vehicles as they are on the road, visiting their stores.  DMs hire both store managers and the ETC for each location.  A restaurant DM will oversee between 5-10 stores (usually \~7.  10 is extremely rare.) based on their experience and abilities.  A retail DM will oversee between 5-12 stores (9 is the most common number I have seen).  
+
+The majority of managers are internally promoted (I am included in that group).  Most of the executive team started out at the store level.  Unlike other restaurant chains, Cracker Barrel treats becoming a manager as a real, you need training profession.  All new managers must fly to the company's headquarters in Lebanon, Tennessee, where they will spend 8 weeks living in a hotel owned by the company, and will spend their days absolutely immersed in the logistics and specifics of managing a Cracker Barrel location.  Speaking from personal experience here.  It is not fun.  However, it does produce the intended effect of generating highly trained management which do generate results better than other restaurant chains, evidenced by the company's average revenue by location being far higher than virtually all other casual dining chains, while still having lower average prices.   
+
+​
+
+**Why I think the stock is undervalued**.
+
+It is no secret CBRL has significantly underperformed the market, with the stock being down approximately 20% from where it was 5 years ago.  Prior to the pandemic, Cracker Barrel share price hovered around the $150-160 price range.  At the time of my writing this, current share price is hovering just below $120 a share.  To explain this phenomena requires looking at the numbers.
+
+Revenue wise, sales are overall flat from where they were five years ago.  While they were increasing prior to the pandemic, 2020 saw a dramatic downturn in foot traffic due to the slowdown in travel.  According to the company's own data, around 40% of patrons are travellers.  While sales in most stores have returned to normal (with many stores being up sales wise since 2020), it is the stores in locations hardest hit by pandemic travel restrictions which are bringing down the entire average lot.  As travelling is continuing to pick up, these lagging stores in tourist heavy areas are finally beginning to return to normal operations.  
+
+While revenue is flat, profitability is actually 25% higher than where it was 5 years ago.  This is because the retail segment of the business has continued to grow year over year faster than the restaurant segment, producing a higher profit margin.  Revenue has not changed by a significant amount because the number one way you grow revenue as a restaurant is by opening new locations.  Cracker Barrel has not been engaging in this practice due to conflicts with its largest shareholder, which brings me to my next point.
+
+**Biglari**
+
+Saddar Biglari is the single biggest reason Cracker Barrel's stock is the way it is.  He is the company's largest shareholder since 2011, and owns around 8% of company stock.  At his peak, he owned 19.999% (that is important).  While I could spend an entire post talking about simply his efforts to own Cracker Barrel, here is the condensed version.
+
+Biglari owns a company called Biglari Capital Corp.  It bought a bunch of Cracker Barrel a decade ago and tried to get Biglari on the board.  The board rejected this because Biglari has a conflict of interest, being the CEO of Steak n Shake, which is arguably the single largest competitor to Cracker Barrel (it would be like the CEO of Lowe's trying to get on the board of Home Depot).  Ever since, Biglari's ego has been so damaged he invokes share fight after share fight.  His [latest letter](https://www.prnewswire.com/news-releases/biglari-capital-corp-issues-letter-to-shareholders-of-cracker-barrel-old-country-store-inc-301443792.html) reads like all the others.  Coming off as a whiny child, with unrealistic expectations.  The demands are more sinister when you remember he owns the company's largest competitor (he wants them to open 0 new stores.  Target a 100% dividend payout ratio.  It sounds like he wants the company to bankrupt itself).  For a while the company attempted to work with him.  Resolve things diplomatically. Late 2019, the company's attitude changed.  The menu was overhauled in 2020, and the company has begun to open new stores again.  In 2019, Cracker Barrel also acquired Maple Street Biscuit Company.  A fast casual restaurant chain serving breakfast/brunch items.  I've seen some of the sales numbers, and I think it is an amazing growth vehicle for the company moving forward.  Especially considering how Cracker Barrel believes in keeping 100% of their profits, with no franchises.  Maple Street locations have a higher profit margin than Cracker Barrel restaurants, and target a younger, upper middle class demographic.  The food is too expensive for my taste, but it does taste good, and the sales numbers don't lie.  The company plans to open over two dozen stores in FY2022.
+
+All of this has pissed off Biglari, who last year attempted once again to put two of his subordinates on the company's board of directors.  Shareholders again rejected this.  Biglari has been forced to sell off most of his shares to fund the operations of his failing business.  As of right now, it appears like Cracker Barrel is the only reason Biglari Capital is not bankrupt.  Up until a few months ago, it was actually pretty funny.  I have not done the calculations recently, but before the market sell off, Biglari's 8.7% stake in CBRL was actually worth more than Biglari Capital's entire market cap.  Meaning that the combined efforts of 25,000 employees across the several hundred Steak N Shake locations, and the various other restaurants, and miscellaneous businesses the company owned were all being valued by the market as having a negative market cap.  
+
+The main reason I do not see Biglari as much of a concern is that while he has been playing a war of attrition with management for going on 10 years now, he has been losing.  The most his efforts have caused is to create buying opportunities for shareholders, in addition to making the company actually give a significant dividend yield (though they were doing that before Biglari).  
+
+**The future**
+
+Moving forward, I see a bright future ahead for Cracker Barrel.  Even though this company somehow finds a way to make headlines only for horrible reasons, it still makes good money, and while it is by no means a perfect investment, or a risk free one, I think the price is simply too low to be realistically justified by any means.  Even if Cracker Barrel never opened another name store, the Maple Street brand is still an excellent growth vehicle for the company, with management having plans to eventually open enough locations to constitute the majority of the company's restaurants.  The Maple Street brand is also one capable of expanding internationally, especially into countries like Canada, the UK, and other places that like American food.  
+
+Management is very dedicated to the dividend.  I've met people very high up in the company, who actually do have influence over such things.  They see the dividend as one of the most important methods of returning capital to shareholders, and have no plans to cut or suspend the dividend now that dining has reopened.
+
+As for debt.  Cracker Barrel technically has no debt.  It has a revolving credit facility.  Basically it is how corporations that deal in consumable products are able to buy things with revenue they don't have yet.  Think of it like the corporate version of a secured credit card.  
+
+Do I recommend putting all your money in this stock.  No.  There is legitimate risk I am wrong here.  Maybe I am too optimistic about the company, with my access to non-public sales data of individual locations.  I am definitely not a neutral source of information on this security.  But I also am totally buying more Cracker Barrel because I think any profitable restaurant with a market cap below its revenue is 100% oversold.  Especially one that is continuing to grow, and has a growing profit margin, which is already higher than other restaurant chains.
+I've seen a ton of sentiment around here that we're not anywhere close to the bottom yet.  That maximum damage is still yet to come.  Nobody on this sub or anywhere else for that matter actually knows where the price will go.  If it's so obvious that bitcoin is going below 10k, why aren't you shorting it right now?  Why haven't you sold everything you have?  Why aren't the people who are far more knowledgeable, experienced and invested than you dumping since it's so obvious that BTC is going to 10k?  Seems like an easy way to profit, since it's so certain, right?
+
+It's not.  We could have already hit bottom.  Truth is, nobody knows.  Even if we aren't at the bottom yet, here's the fate of 99% of investors on this sub:
+
+\> BTC drops further.  "This isn't maximum damage yet."
+
+\> BTC drops further.  You don't buy because you're too afraid that if you do, it will dip more.  You're afraid that it's not the bottom yet.
+
+\> BTC drops to staggering lows, everyone is panicking, articles doomsaying the end of crypto are published, the suicide hotline is pinned.  Looks damn close to the bottom.
+
+\> You don't buy, because now you're afraid this is the end of crypto as we know it.  The rug has been pulled, everything is going to zero.
+
+\> Crypto rallies and begins surging in price.  It multiples in value several times before you can react.  "It's just a dead cat bounce" you think, or some other stupid shit like that.  So you continue to be afraid, and you don't buy.
+
+\> Crypto is up 5-10x from the bottom and you FOMO in on the way up.
+
+\> Institutions dump on you again.
+For people who don't know... Confido had a crash of 90% of their value last night after posting that they would halt the development of the project after a legal issue they didn't specify.
+
+Their Reddit and Twitter where full of angry investors. Do they took them down, along with their website.
+
+I guess it was a scam after all... 
+So, I was diagnosed with young-onset Parkinsons disease a few years ago, and ever since then it feels like my life has been in a free fall.
+
+I have bad tremors. Sleeping problems. Depression and anxiety problems. Constipation problems (sorry if TMI). I feel weak and tired all the time. 
+
+I applied for Social Security 2 years ago, and I still have not been approved. I have a lawyer helping me with it, but it is still taking forever. I was told it would only take 6-9 months, and at that point I still had some money saved up from all the years I had previously worked.
+
+I ran out of money a few months ago. I am behind on almost all my bills and rent. My water is probably going to be shut off this week. I get food stamps ($194 per month) but I struggle still for food. I have been breaking my meds in half because my state chose the basic Medicaid plan and not the enhanced one, and I can not afford my copays. I am going to run out of them soon. I can not even afford to get on the bus/subway to go to doctor appointments anymore.
+
+I feel like this very, very small apartment (it's just one room; no kitchen, no stove/oven, just basically a bedroom/living room/dining room all in one) has bars over the door. I have been losing the will and motivation to even step foot out of bed.
+
+I feel like I am in a mental prison with no chance of escape. I am scared, depressed and have anxiety attacks often. 
+
+I just want to be happy, and not feel like I am constantly stuck in the "fight" response of "fight or flight". The stress is eating away at me.
+
+I just want to be happy.
+
+Edit- man, I did not expect this support. I should have, because this is honestly the best community on reddit, but still I am always surprised. Thank you everyone. I'm reading all the comments in time, even if I am not able to respond to them all. Thank you again.
+The latest one (3 hours ago) which holds the top spot on google for a gme news search is titled ["Baird suspends GameStop stock coverage, citing continued Reddit influence and lack of company plan"](https://www.cnbc.com/2021/06/28/baird-suspends-gamestop-stock-coverage-reddit-influence-lack-of-plan.html) RESIST CLICKING IT!
+
+Remember what they did during the US Congressional hearing!
+
+Ordeal Summary:
+
+>- [**Here**](https://www.youtube.com/watch?v=d2DU6DXfGPM&t=2h32m25s) **is a link to the CNBC coverage** - 2 seconds - before the moment the video has a jump cut.
+
+>- [**Here**](https://www.youtube.com/watch?v=imRzHXRq80I&t=2h37m32s) **is a link to the source Government live stream** with the missing 10 minutes and 18 seconds starting where the CNBC video cuts off. The edit was made between timestamps 2:37:34 and 2:47:52.
+
+>- [Side-by-side videos playing simultaneously for comparison](https://np.reddit.com/r/GME/comments/m7vbli/video_proof_cnbc_edited_the_hearing_to_protect/)
+
+
+>- [**Here**](https://www.youtube.com/watch?v=d2DU6DXfGPM&t=2h32m25s) is a direct youtube clip with the missing CNBC footage.
+
+
+>- [**Here**](https://youtu.be/NkFyy-5MGSM) is the full context to what is being talked about in the beginning. **Is Citadel Too Big To Fail?"** Of course I put the Jojo meme at the end.
+
+>Conjecture & Hypothetical Analysis: Now, if this were to have occurred on purpose during the live feed, there would need to be complaints of an interuption in the CNBC live stream feed, and people watching have reported on reddit that this occurred. 
+
+
+>Allegedly, if CNBC did this live, then, hypothetically speaking, they would need to use a staggered start in order to maintain a buffer and then someone on the kill switch. A combination may have also been possible.
+Has anyone tried to quit their day job and what were pros and cons? Just thinking outloud not planning to rush into anything. Been trading options for over 5 years but there is always something new :)
+# Is that 15% number made up?
+
+Why does ["How to handle $"](http://www.reddit.com/r/personalfinance/wiki/commontopics) recommend saving 15-20% of your gross income for retirement?
+
+Simply put, 15% is roughly the savings rate needed to retire with a similar income after a 40 year career.  20% is even better because life happens.  You may have trouble saving some years, the market may perform poorly for an extended period of time, and who knows what will happen with Social Security.
+
+To illustrate this, I took median personal income data based on Census Bureau data, extrapolated it out over a 40-year career and took a look at what saving 10%, 15%, and 20% would provide in retirement income on top of the median Social Security benefit.
+
+This model still works for radically different income levels because everything is based on percentages, but I wanted real data because people tend to earn much less when they are younger and that affects how much you'll have when you retire.
+
+# The model
+
+age|personal income|savings at 10%|savings at 15%|savings at 20%
+-|-|-|-|-
+25|$32,000|$3,200|$4,800|$6,400
+26|$33,200|$6,712|$10,068|$13,424
+27|$34,400|$10,555|$15,832|$21,109
+28|$35,600|$14,748|$22,122|$29,496
+29|$36,800|$19,313|$28,969|$38,626
+30|$38,000|$24,272|$36,407|$48,543
+35|$41,000|$54,877|$82,316|$109,754
+40|$44,000|$97,526|$146,288|$195,051
+45|$45,000|$155,639|$233,459|$311,279
+50|$46,000|$233,973|$350,959|$467,945
+55|$46,500|$339,201|$508,802|$678,403
+60|$47,000|$480,303|$720,455|$960,606
+65|$45,000|$668,598|$1,002,897|$1,337,196
+
+**All dollars are 2015 dollars.**
+
+# What does retirement look like for those people?
+
+It looks pretty good, but I wouldn't want to be the person who only saved 10%.  And yes, the 15% saver got to a $1M nest egg after 40 years of saving with only a median income.
+
+Let's look at a [4% safe withdrawal rate](https://www.bogleheads.org/wiki/Safe_withdrawal_rates) from retirement investments plus median Social Security benefits.
+
+retirement income|10%|15%|20%
+-|-|-|-
+median Social Security benefit|$16,020|$16,020|$16,020
+4% retirement withdrawals|$26,744|$40,116|$53,488
+total retirement income|$42,764|$56,136|$69,508
+
+# What can we conclude?
+
+- **10% is just enough** if Social Security benefits don't go down, nothing seriously interrupts your retirement savings during your working years, and the market does pretty well.
+
+  That is a lot of "ifs".
+
+- **15% is good for a solid retirement** that would be sufficient even if Social Security benefits are significantly reduced.  You can also survive a few bad years along the way.
+
+- **20% is much safer**.  Not only could you survive without Social Security, but if the market does poorly over the coming decades, you aren't totally screwed.  If the market grows just 1% slower, the 20% model looks more like the 15% model.
+
+  It might also let you retire better or earlier.  Early retirement may not even be a choice.  The median retirement age in the US is 62 and many of those retirements are due to health issues or inability to find work.
+
+# Understanding these numbers
+
+Note that all dollars are 2015 dollars so you don't need to think about "how much will $X be worth in 10, 20, 30, or 40 years?".
+
+This means that the nominal dollar amounts shown at age 65 here are likely much lower than they will be actually be in 40 years.  If the inflation rate stays at about 2%, the actual value of the 15% portfolio would be about $2.2M, but since $2.2M would only have the value of $1M in 2015 dollars, it's easier to just think about everything in 2015 dollars.
+
+That's also why this post uses a growth rate that includes the value-reducing effect of inflation (6% rather than 8% or something higher).
+
+# Is this pessimistic enough?
+
+I tried to generate a "middle of the road" look at the future based on today's numbers, but we have no way of knowing what the future growth of the markets is going to be.  **My point here isn't that 15% or 20% is enough no matter what, but that a 10% savings rate is not really where you want to be.**
+
+Also bear in mind that while the 4% safe withdrawal rate historically works in the US, it is definitely optimistic.  If applied on historical data from other developed countries, it ends up being much too high (you run out of money early).  A more pessimistic model might use 3% or 3.5% instead.
+
+## Notes:
+
+* 6% post-inflation growth is assumed.  The long-term historical average for the US stock market is about 7%.  We use a lower number because you can't expect a 7% return.  Bonds return less than stocks and we have no way of knowing what the future performance of the stock market will be.
+
+  To be more specific, the 6% number is the median post-inflation CAGR across all 40 year periods on [cFIREsim](http://www.cfiresim.com/) with 85% stocks, 15% bonds, 0.1% expenses, and annual rebalancing.  Note that cFIREsim only uses large-cap US stocks for stocks and US Treasuries for bonds (a [more diversified portfolio](https://www.reddit.com/r/personalfinance/wiki/investing#wiki_can_you_just_recommend_something_extremely_specific_to_get_me_started.3F) is usually recommended here).  There is a spreadsheet link below if you want to try different rates of return.
+
+* The income data is the average of the incomes for men and women roughly interpolated out to get numbers for every single year.  This includes data from non-primary earners in two income households (e.g., parents who mostly stay at home) which lowers the numbers somewhat.  [Financial Samurai has a nice article on the data.](http://www.financialsamurai.com/median-income-by-age-and-sex-in-america/)
+
+* Here's [my spreadsheet](https://docs.google.com/spreadsheets/d/1qn5nyeEqgNRPdJwRD-TERGqE6CypR0oKmCSTd0h7yCs/edit?usp=sharing) if anyone wants to look at the numbers or change any of the assumptions (e.g., rate of return or safe withdrawal rate).  You'll need to make a copy in order to edit it.
+
+edits: I added the spreadsheet link, the "Understanding these numbers" section, and the cFIREsim notes.
+The Wheel is an extremely relevant strategy here at r/thetagang, so I thought I'd show you some alternatives to the traditional naked put. We will be looking at the Jade Lizard and Ratio Spread, and comparing them to a naked put to see how we can collect more credit and/or reduce our cost basis upon assignment. I'm not going to go into detail on the specifics of these strategies, this is simply a side-by-side comparison. Feel free to check out [this post on Ratio Spreads](https://www.reddit.com/r/thetagang/comments/g3joz7/free_butterflies_p2_electric_boogaloo_ratio/) or [this one](https://www.reddit.com/r/thetagang/comments/g3qwq8/spread_the_ratio_spreads_mega_thread/) by u/petriefly42 going into even more depth, but as always, please do your own research and don't place any trades that you don't feel you fully understand.
+
+[Naked Put](https://preview.redd.it/1b09dchribu41.png?width=1638&format=png&auto=webp&s=2215b9fcae1dde942111b678632fbc6dc3d6ac5b)
+
+This is the traditional naked put we've all been using to open our wheels since the inception of the strategy. But the wheel is all about reducing our basis, right? What if we could reduce our basis even more by collecting more capital *and* reducing risk? We can, by selling a call credit spread above our put. This is called a Jade Lizard
+
+[Jade Lizard](https://preview.redd.it/wnurdrftibu41.png?width=1638&format=png&auto=webp&s=edd422cf931e62917e85353f37b47b4f8c909ee7)
+
+As you can see, selling the call spread is favorable when the underlying stays within a more confined range. This also helps to reduce our losses, because if the underlying moves against us, we can manage by buying back our call spread for almost nothing and potentially selling another closer to your short put. One important aspect of this strategy is that the call spread is less wide than the credit collected from the put, meaning we have no upside risk. But what if instead of selling a call credit spread, we *bought* a put debit spread? That's called a Ratio Spread
+
+[Ratio Spread](https://preview.redd.it/xkfw1njuibu41.png?width=1638&format=png&auto=webp&s=915f2a8f8e96d7c20da43324badb9eccebfc7754)
+
+This gives us a strong buffer to the downside, but because we're collecting more from the short put, we have no upside risk and we still have a strong Theta number. Now let's compare.
+
+**Cost Basis on Assignment (per share)**
+
+|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|
+|$18.40|$18.05|$17.75|
+
+**Theta**
+
+|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|
+|1.85|2|1.8|
+
+**P/L at Expiration**
+
+|Price|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|:-|
+|16|\-240|\-205|\-175|
+|17|\-140|\-105|\-75|
+|18|\-40|\-5|25|
+|19|60|95|125|
+|20|160|195|225|
+|21|160|195|125|
+|22|160|195|125|
+|23|160|195|125|
+|24|160|195|125|
+|25|160|95|125|
+|26|160|95|125|
+|27|160|95|125|
+|28|160|95|125|
+
+What are your guys' thoughts? Are there other strategies we can use to improve the naked put?
+The Wheel is an extremely relevant strategy here at r/thetagang, so I thought I'd show you some alternatives to the traditional naked put. We will be looking at the Jade Lizard and Ratio Spread, and comparing them to a naked put to see how we can collect more credit and/or reduce our cost basis upon assignment. I'm not going to go into detail on the specifics of these strategies, this is simply a side-by-side comparison. Feel free to check out [this post on Ratio Spreads](https://www.reddit.com/r/thetagang/comments/g3joz7/free_butterflies_p2_electric_boogaloo_ratio/) or [this one](https://www.reddit.com/r/thetagang/comments/g3qwq8/spread_the_ratio_spreads_mega_thread/) by u/petriefly42 going into even more depth, but as always, please do your own research and don't place any trades that you don't feel you fully understand.
+
+[Naked Put](https://preview.redd.it/1b09dchribu41.png?width=1638&format=png&auto=webp&s=2215b9fcae1dde942111b678632fbc6dc3d6ac5b)
+
+This is the traditional naked put we've all been using to open our wheels since the inception of the strategy. But the wheel is all about reducing our basis, right? What if we could reduce our basis even more by collecting more capital *and* reducing risk? We can, by selling a call credit spread above our put. This is called a Jade Lizard
+
+[Jade Lizard](https://preview.redd.it/wnurdrftibu41.png?width=1638&format=png&auto=webp&s=edd422cf931e62917e85353f37b47b4f8c909ee7)
+
+As you can see, selling the call spread is favorable when the underlying stays within a more confined range. This also helps to reduce our losses, because if the underlying moves against us, we can manage by buying back our call spread for almost nothing and potentially selling another closer to your short put. One important aspect of this strategy is that the call spread is less wide than the credit collected from the put, meaning we have no upside risk. But what if instead of selling a call credit spread, we *bought* a put debit spread? That's called a Ratio Spread
+
+[Ratio Spread](https://preview.redd.it/xkfw1njuibu41.png?width=1638&format=png&auto=webp&s=915f2a8f8e96d7c20da43324badb9eccebfc7754)
+
+This gives us a strong buffer to the downside, but because we're collecting more from the short put, we have no upside risk and we still have a strong Theta number. Now let's compare.
+
+**Cost Basis on Assignment (per share)**
+
+|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|
+|$18.40|$18.05|$17.75|
+
+**Theta**
+
+|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|
+|1.85|2|1.8|
+
+**P/L at Expiration**
+
+|Price|Naked Put|Jade Lizard|Ratio Spread|
+|:-|:-|:-|:-|
+|16|\-240|\-205|\-175|
+|17|\-140|\-105|\-75|
+|18|\-40|\-5|25|
+|19|60|95|125|
+|20|160|195|225|
+|21|160|195|125|
+|22|160|195|125|
+|23|160|195|125|
+|24|160|195|125|
+|25|160|95|125|
+|26|160|95|125|
+|27|160|95|125|
+|28|160|95|125|
+
+What are your guys' thoughts? Are there other strategies we can use to improve the naked put?
+First off, an EIP is an Ethereum Improvement Proposal. Glad we cleared that up!
+
+In short, this proposal for Ethereum changes to the way fees are being calculated, applied and distributed.
+
+Let’s break that down. Make it simpler.
+
+**Current situation**  
+
+Currently, the more gas you pay, the sooner your transaction is carried out (i.e., included in a block by a miner). 
+
+It’s some kind of auction, right? I pay 100 gwei for my transaction, and you 80, and so the miner picks mine before yours.
+
+What is a downside of this competitive action? *Well, we overpay a lot of the time.*
+
+**After EIP1559**  
+
+After the update this summer, you simply have to pay a certain base fee (named: BASEFEE) to have your transaction carried out. (That is, included in a block by a miner.)
+
+The base fee represents the minimum fee that has to be paid by a transaction to be included in a block. 
+
+*It goes up if the network is busy and down if the network is quiet.* So there will be still be cheaper times and more expensive times, but...
+
+One of the advantages here is that *you no longer have to guess what a good amount of gwei is. The base fee is much more predictable.*
+
+(EIP-1559 may also increase the block size so more transactions can be put in one block, but that’s something for another time. Also, base fee can only change incrementally, so network spikes are smoothed out. Again, more detailed stuff for another time!)
+
+EIP 1559 also introduces a miner tip. Similar to how the situation is now, this tip is a separate fee that can be paid directly to the miner to have your transaction carried out faster.
+
+That's really convenient if people need a transaction carried out really fast.
+
+**Burn baby burn**  
+
+Most importantly for us, *the base fee is burned.* (The miner tip still paid to the miner.) That is, when you pay ETH (in gwei) for a base fee, then that ETH is destroyed!
+
+The base fee burning also has major implications when it comes to the ETH supply! This is the juicy part, believe me.
+
+In short, more network activity means a higher base fee, which means more ETH burnt! This makes the ETH that is still in circulation more valuable. (Or: *less less* valuable.)
+
+**Now comes the real magic**  
+
+Vitalik Buterin, the classy “inventor” of Ethereum, said the following in an interview:
+
+“If demand to use Ethereum is high enough, then there would actually be more ETH being destroyed than is being created,” says Buterin adding, it would make Ether *“ultrasound money”* to Bitcoin’s sound money.
+
+So now you know what we mean by deflationary asset (i.e., more ETH destroyed than created) and ultrasound money! From Vitalik himself.
+
+**Feel free to add to, or correct, anything I’ve said!**
+
+Looking for more explainers from me?  
+\- ETH2.0 explained in one minute, the biggest Ethereum update and planned for later this year: [https://www.reddit.com/r/ethtrader/comments/mxkzsw/want\_to\_understand\_eth20\_in\_one\_minute\_as\_a/](https://www.reddit.com/r/ethtrader/comments/mxkzsw/want_to_understand_eth20_in_one_minute_as_a/)  
+\- Proof of Stake explained in one minute, and why it will make Ethereum environmentally sustainable! [https://www.reddit.com/r/ethtrader/comments/mxktfp/in\_time\_ethereum\_will\_move\_to\_sustainable\_green/](https://www.reddit.com/r/ethtrader/comments/mxktfp/in_time_ethereum_will_move_to_sustainable_green/)
+# Intro
+
+Sharing my experience here on how credit card has been useful for me and how I use it to manage expenses. This is not a recommendation of any sorts and there is no affiliate link here nor am I getting paid for anything here.  Also I understand that there have been several posts, but I hope that this post combines everything into one place.
+
+# Background
+
+In Monika Halan's - Let's talk money book, she recommends that everyone should track their expenses so that ultimately we spend less. Spending less can be considered as an outcome of expense tracking, but regardless we should track our expenses so that we can make whatever decision we want with that data. She recommends doing so by creating an income account and a spending account. This is a good idea but the problem is that I cannot find a bank account which offers zero balance account with unlimited transactions (RBI limit). I would be happy to be proven otherwise. So this led me to using Credit cards for all expenses (almost all, see below) and use my salary account which gives me the good benefits of zero balance, free cheque books, no hidden charges.
+
+# Other Advantages
+
+Other than expense tracking, credit cards have the obvious below advantages -
+
+* Credit free period. You can earn Savings account interest in this period.
+* Reward points.
+* Can be used for emergency spending. This should be done with care. I typically use it since the emergency funds I use (liquid and overnight) do not have instant redeem. I did this tradeoff for safety btw which is a separate point of discussion.
+* Charge back/Unauthorized transaction protection.
+* Can improve credit score for cheaper loans.
+* Other offers such as zero cost EMI etc.,
+
+Note that credit card should mainly be used as an expense tracking tool rather than being used for splurging. IMO, spending more than you earn can happen even without a credit card and it indicates a deeper behavioral issue rather an issue with Credit cards themselves. The credit free period, reward points etc., should be a criteria to choose which credit card rather than to use credit cards themselves.
+
+# How to choose a credit card?
+
+This is probably the most important topic. There are are tons of cards out there but choosing a credit card should be simple,
+
+* No annual fees. Regardless of how much you spend, there should not be any fee. Any card that says fees are waived off after spending X amount encourages you to spend beyond what you need. We have enough headaches in life and spending for saving should not be one.
+* Not 100% based on our income and spending i.e our bank account. This is very hard. Most CC vendors give cards based on our income and spending. But there are cards which offer a decent credit line say 3 lakhs without much headache. This is needed since we might retire, we might choose to take a career break etc.,
+* Consistent cashback/rewards. Most CC will encourage use to spend more i.e if you spend 10K then 1% is the cashback whereas if you spend 20K then 2% is the cashback. Cashback/Rewards should be independent of how much we spend.
+* Simple way to redeem rewards. We should be spending more to claim the rewards. As simple as that.
+* No fuel surcharge and no other hidden charges.
+* Other facilities - Chip based security, wireless payment etc., on top of the above points.
+* Edit : Protection against fraud as /u/[lifeversace](https://www.reddit.com/user/lifeversace/) pointed out.
+
+Based on the above points we can rule out cards that give,
+
+* Air miles, Points that can be spent on fuel and other specific type of reward points. Nobody is flying now because of covid, but even then this is encouraging you to spend more just to claim your rewards.
+* Other so called exclusive reward cards that tap into your mind to feel special. Free airline lounge, exclusive club access and all that useless stuff which again make you spend more.
+* CC's which have entry barrier because of income. This is the most laughable part of it. Companies earn money from what we spend. This elitist mindset of having x amount of income to qualify for a card is absurd. It is logical if someone gets a lower credit line because of lesser income.
+
+Considering these factors and after years of credit card usage I found Amazon pay ICICI credit card to be the best. Why?
+
+* Consistent cashback. Yes Amazon pay CC has a bias, it gives 5% for stuff bought at amazon but I buy a lot from amazon anyway. It gives 2% flat for bill payments done via amazon pay. I pay for gas cylinder, mobile recharge, broadband bill, insurance premium (both life insurance and vehicle insurance through Acko which has additional cashback), electricity bill and more through it. This I usually spend regardless if I have a CC or not. 1% for everything else.
+* No fuel surcharge non sense. This has a decent limit which I have not crossed. Surcharges get credited as reversal which is essentially zero charges.
+* Not linked with my bank account and very less linked to spending pattern. The credit line offered to me is around 3.1L per month which is not much considering my monthly salary (not bragging but the idea is to decouple) . I would not say I shopped on amazon a lot. In total I have spent close to 3.5 Lakhs over the last 9 years in my Amazon account which includes Mobile phones, Cameras and other stuff that I have bought. This is definitely not a lot.
+* No joining fees/annual fees and no entry barrier other than what I spent in Amazon regularly.
+* Clean cashback. They get added to my amazon pay wallet which I can again use for paying my bills or spending on other stuff. But the choice is mine.
+
+Love to hear the thoughts of this community on this.
+About to put in an offer on new rental unit. Seller probably won’t like it due to it being pretty low. 
+
+Interested to hear everyone else’s strategy when it comes to offering and negotiating. 
+
+Offer low then work up? Offer once and if they don’t accept or counter then back out? 
+
+Do you typically go through a couple of offerings with different units before one finally works out? 
+
+Thanks!
+I’m in my mid twenties getting my life back on tack after a spat with drug addiction. My credit is in the gutter after years of negligence on paying my $500 max credit card. No other really credit history outside of that. Never took a loan out, no student debt. I cancelled the card a year ago but I had it since I was 18. No idea of my credit score but I’m assuming it’s no good. Any advice is really appreciated.
+As the title says I am 15 years old trying to learn as much as I can, I also have a few questions on investing. My father is retired from the military and because of this I'll get paid around $1300 a month for going to college which would give me a decent amount of money once I finish college but what would be the smart thing to do with that money.
+Hey all. I had a question for those of you who have spent large amounts of money on sports and exotic cars once you became more financially independent. 
+
+I keep going back and forth on pulling the trigger on an exotic, and would love to hear about experiences of this community in doing so. 
+
+Did you regret your decision? Why did you want the car in the first place? Was it worth it?
+
+Any input would be amazing. I’m worried I will always want the next shiny thing and no matter what I get there will always be something better.
+Mid 30s HENRY, household income about $525k looking for 10 yr path to fatFIRE. 
+
+I’m at a profitable unicorn but with no real comp package aside from a one time small grant of RSUs. 
+
+I’m effectively at a Director level, but am operating more as an individual contributor and I am not managing a team.
+
+The company was maybe a $400M valuation when I joined a few years ago and is now likely $1.5B. 
+
+The goal is to go public in a few years.
+
+I have become much important to the company’s overall success over the last 12 months. While I don’t manage a team or department I would estimate that I’m within the 25-50 most critical employees out of 2,000. 
+
+How much RSU / Equity value can a high level individual contributor realistically negotiate? 
+
+I feel like if I can’t negotiate a $5M+ potential equity value based on the company growing 3-4x to a $5B valuation, then I would rather leave and start my own company.  
+
+How does one negotiate this? What else should be considered?
+Both my wife (57 with several chronic conditions)& I  (58 Diabetic & injured in an accident) are on disability. We lost our home and now live in a motel which takes most of our money. The rest is spent on food & medical.  I see people in their nice cozy houses and get depressed & jealous at the same time.  I never envisioned myself living in a motel at 58 years old.  I can't remember the last time we went out as a couple, took a trip anywhere.  Recently our old Toyota finally gave up the ghost, now we have no vehicle and my wife might have Cancer in her Thyroid.  I don't know how much more I can endure.  I have no family left except my wife and children.  All I want is a small place where we can live like normal people again & a vehicle so I can take her to the Doctors appointments.  I can't describe how scared I am about my wife. She is the only woman I have ever been with and I love her so much.  I try to be strong for her, but I cry in private about the uncertainty of her condition.  Sorry for venting, I have no friends to talk to.
+
+
+I will start by saying I know I'm not the worst off, there will be people in a worse position to me in this country and there are people far worse off in other countries.  I understand as an average across the planet I am most likely far above the average.  So don't think I want people to cry for me, that's not my intention.
+
+
+It's just a bit shit, that my job isn't exactly pick up any guy off the street to do it work, it's fairly educated work (mechanical design engineer) using software that can take people a long time to learn and even longer to get to the level I and my colleagues are at.  I feel like I just went into the wrong profession completely.  When you hear of other jobs which are seemingly less or as skilled as yours earning double, triple etc, with better pensions (mine is essentially the bare minimum allowed by law), perks like car allowance etc.  I get no perks.  I just get my salary, no over time paid either.  Nothing.  Yeah I know I took the job with those conditions.  However it's a problem of the industry I work in, so it's not like I can move to another job and get better perks, as it's just bad througout.  Especially locally.
+
+
+So I have to then think about moving career completely, but I'm almost 30 and feel it's too late to try and move into a higher paying field of work.  Everything I did in life leading to this point was because I knew I wanted to create things, but in the end, when you do it 40 hours a week for year on year it becomes just as mundane as any other job.  Kind of like how a professional poker player at one point loved playing poker for fun and it's now just a complete chore and something to pay the bills.
+
+
+Just insane how much money there is on this planet and for the average person it's just not available to them.  Makes me sick seeing people at work, do overtime for no reason, no pay increase - no over time pay.  Then the director/owner pulls up in his £75k car from his £600k house.  Why are people giving more time for free, if you are the boss of a company and you make your wealth known then why should anyone do anything for free for you?  The whole salary/work system is an utter scam for the average person.
+
+
+I once had a job where on the day I started, my boss told me it's expected we work at least 30 minutes of over time a day, unpaid.  The owner of that company had it handed to him through no merit, just that he came out of his dads balls yet turns up to work every day in a top of the range Range Rover, rubbing it on our faces while we do his 'expected overtime' for no extra pay.  It blows my mind people just accept this, you're putting in effort for no return so someone else can get rich.  Some company owners/directors earn what they have got, no doubt about it but for fucks sake, I wish some of them would pay back more to their staff than they do.
+
+
+The worst thing is, it's somehow drilled into peoples minds that you're a worse employee for not working as much free overtime as they do.  No mate, you're just a complete and utter mug and you have been brain washed into thinking it's acceptable to be treated like that.  I will work overtime if the company is essentially depending on it for a job I am working on.  If it's crucial we hit a deadline and I haven't got the work done.
+
+
+I am guessing some people here will completely disagree with me, I suspect I will get some abuse, called lazy etc but this is my opinion, this is how I feel and I need a better argument to convince me I am wrong than being called lazy.  All other animals spend most of their lives sleeping, humans are the only species that spend more time working than sleeping.  What the hell do we do it for, so we can scrape by each month while big companies take us all for a ride and come up with new ways to take that hard earned money off us?
+ Jim Chanos recently revealed that his fund is now short Coinbase. Coinbase provides exchange and platform services for digital assets, and they're growing rapidly into new verticals. They provide services for both retail and institutional investors, and are now even releasing a platform for digital art that will act as a competitor to Opensea. They also own a venture arm named Coinbase Ventures that is invested in many up and coming startups in the field, as well as individual tokens and projects in many cases.
+
+Chanos is famously known for his great calls on Enron and Wirecard, but most recently also lost almost half of his fund's capital shorting Tesla. He has been a renowned TSLA bear for quite some time - a decision that has not worked out for him.
+Pitchfork on a logscale chart to get a handle on what price ETH *might* be by the end of 2018. This is the first chart, it's (admittedly) pretty nuts: https://www.tradingview.com/x/T7Wwztcc/
+
+It assumes that ETH's trajectory/big 3 status since it was listed on Bitfinex (in June 2016) holds, or a massive solar storm doesn't kill the internet and mankind is wiped from the face of the planet and so on.
+
+If we stick to the middle of the fork, we could be looking in the $11k-$12k range (crazily). 
+
+The full range *I think* I found, top to bottom.
+$41.5k - $27k - $17.5k - $11.5k - $7.5k - $4.5k - $3k
+
+**ADDING SOME MORE HERE - which turn out more conservative**
+
+This is another, picking up points from 2017 (as opposed to all the way back to 2016): https://www.tradingview.com/x/damyTFk1/
+
+And another, also picking up points from 2017: https://www.tradingview.com/x/VhSxjWnw/
+
+And here's BTC, similar period, back a year: https://www.tradingview.com/x/aH7vBxrY/
+
+Perfectly happy to be told these are picking up bad points to extrapolate to.
+
+This is not investment advice, just did it for my info, DYOR etc etc etc
+
+Edit: Added more charts and more thoughts.
+
+Pitchfork on a logscale chart to get a handle on what price ETH *might* be by the end of 2018. This is the first chart, it's (admittedly) pretty nuts: https://www.tradingview.com/x/T7Wwztcc/
+
+It assumes that ETH's trajectory/big 3 status since it was listed on Bitfinex (in June 2016) holds, or a massive solar storm doesn't kill the internet and mankind is wiped from the face of the planet and so on.
+
+If we stick to the middle of the fork, we could be looking in the $11k-$12k range (crazily). 
+
+The full range *I think* I found, top to bottom.
+$41.5k - $27k - $17.5k - $11.5k - $7.5k - $4.5k - $3k
+
+**ADDING SOME MORE HERE - which turn out more conservative**
+
+This is another, picking up points from 2017 (as opposed to all the way back to 2016): https://www.tradingview.com/x/damyTFk1/
+
+And another, also picking up points from 2017: https://www.tradingview.com/x/VhSxjWnw/
+
+And here's BTC, similar period, back a year: https://www.tradingview.com/x/aH7vBxrY/
+
+Perfectly happy to be told these are picking up bad points to extrapolate to.
+
+This is not investment advice, just did it for my info, DYOR etc etc etc
+
+Edit: Added more charts and more thoughts.
+
+​
+
+This is purely my own speculation, however I am making it a point from this moment forward to follow the trail of ETF's to bring to light the number of FTD's that are hidden....this all trickles down to the options chain....then to the married puts, then shorting...If you read that much then you already know where to look
+
+Let me get one thing straight, I'm the little guy who has limited knowledge of where to look,  my research is on the piggybacks of those before me.....in hope to provide additional information.
+
+**Part 1**
+
+**The Fails To Deliver** are being hidden the **ETF's** which is where the rabbit hole goes...IMO and TBH the research needs to look elsewhere at the **ETF's as that's where the manipulations is.** From what I have read from the **Castle Of glass / Game On Anon** there is a reposted to be **5.6 trillion worth of common stock traded through** **ETF's**
+
+The focus needs to move past Shitidel and other shorts, the trash talking, the memes, and pictures with lights on are all fun, but that ammo is having a less and less effect.
+
+Finding the trail of ETF's is not easy as stated in the this God Tier DD, but the door is not sealed off completely
+
+Now in recent news from the so called twitter leaks and now a different platform that is highly underrated LinkedIn....I think the momentum is once again on the move and the curiosity will organically bring more people into question
+
+For anyone who didn't get around to the Castel of Glass here is the link again...I suggest you read it in its whole entirety.
+
+[**Castle OF Glass Game On Anon**](https://www.reddit.com/r/Superstonk/comments/ok2e0b/a_castle_of_glass_game_on_anon/)
+
+I have mentioned these persons below in hopes that they can either approve or discredit the links below...that are again piggy backed from from u/leavemeanon was trying to tell us in his God Tire DD Castle Of Glass
+
+u/3for100Specials
+
+[u/LordoftheEyez](https://www.reddit.com/u/LordoftheEyez/)
+
+u/presidentme
+
+u/theta-voidance
+
+​
+
+**I think** u/leavemeanon / MjB **was searching here**
+
+Here is a PDF from Harverd Law that has more information than one can read in a whole day...I believe it is here that the true amount of ETF's are hidden and from that a closer look at how many FTD's are being hidden
+
+[http://www.law.harvard.edu/programs/olin\_center/papers/pdf/Bebchuk\_1004.pdf](http://www.law.harvard.edu/programs/olin_center/papers/pdf/Bebchuk_1004.pdf)
+
+​
+
+**Here is another of where it clearly shows that the percent of ETF's represent 36% of all Stock Market Trading back in 2016**
+
+[https://www.nber.org/system/files/working\_papers/w22829/w22829.pdf](https://www.nber.org/system/files/working_papers/w22829/w22829.pdf)
+
+​
+
+​
+
+​
+Hi all, been lurking here for a while but this is my first post.
+
+I'm 26, no debt, rather low but steady income (£26k), and a little bit of savings (£2k and growing each month by a minimum of £400, with the aim to eventually grow it to £12k emergency fund).
+
+I'm so happy I've been lurking this subreddit for a while before this entire recent hype. Reading about it made me very tempted to jump on the bandwagon and invest some small amount into these memestocks in hope of it blowing up to a dreamy proportion.
+
+But the more I was thinking about it, the more I remembered all the sensible advice I've read here beforehand. So instead of throwing this little bit of my hard-earned money into these, I've opened my first S&S ISA with Vanguard, with a monthly £100 contribution into FTSE Japan UCITS ETF!
+
+Now, I'm of course open to having a chat about how stupid/smart you think choosing this particular fund is, but I just wanted to share with you how happy I am making this first step and investing my money for the first time, considering I'm coming from a very underprivileged background. And this wouldn't happen without all you lot, sharing your advice and experience here, just like that, for free.
+
+So yeah, thank you all very much, especially for your incredible Wiki!
+>The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.  
+>  
+>Increases in the indexes for gasoline, shelter, and food were the largest contributors to the seasonally adjusted all items increase. The gasoline index rose 18.3 percent in March and accounted for over half of the all items monthly increase; other energy component indexes also increased. The food index rose 1.0 percent and the food at home index rose 1.5 percent.  
+>  
+>The index for all items less food and energy rose 0.3 percent in March following a 0.5-percent increase the prior month. The shelter index was by far the biggest factor in the increase, with a broad set of other indexes also contributing, including those for airline fares, household furnishings and operations, medical care, and motor vehicle insurance. In contrast, the index for used cars and trucks fell 3.8 percent over the month.  
+>  
+>The all items index continued to accelerate, rising 8.5 percent for the 12 months ending March, the largest 12-month increase since the period ending December 1981. The all items less food and energy index rose 6.5 percent, the largest 12-month change since the period ending August 1982. The energy index rose 32.0 percent over the last year, and the food index increased 8.8 percent, the largest 12-month increase since the period ending May 1981.
+
+​
+
+[https://www.bls.gov/news.release/cpi.nr0.htm](https://www.bls.gov/news.release/cpi.nr0.htm)
+
+​
+
+[https://www.bls.gov/news.release/cpi.nr0.htm](https://www.bls.gov/news.release/cpi.nr0.htm)
+We all see what's going on, not just here with GME. We all see the slow climate change ( I work near a ski resort in CO, we haven't had a normal winter in 10 years...) We all see the corruption everywhere now, not just in the stock market but in politics too. We see the burnout around us with our peers. Working twice as hard for half the pay, while rent, housing, groceries, used vehicles, you name it, keeps going up. People don't want to have kids because they honestly don't know what kind of world they'll bring their kid into and I don't blame them.
+
+But now we have a chance to change EVERYTHING.
+
+It's like that older, angry dapper looking dude said, "You can't fix shit unless you got a few shekels."
+
+And you know what? he's totally right.
+
+I plan on using my money for the greater good. Randomly paying for a nice waiter's college, buying a new vehicle for a family broken down on the side of the highway, Paying off medical debt like John Oliver did, paying to keeping people in their houses. Donating to have trees planted... Hell might as well go and plant them myself. I honestly want to spend the rest of my life making the world a better place, as cheesy as that sounds. Anyway I just smoked and felt all inspired, but I'm speaking from the heart. Mark my words.
+
+Edit: Thanks for the award(s), you guys rock.
+
+2nd edit. Downvoting a fluff piece... be gone shills.
+So we’re all aware of the Uniswap airdrop that took place earlier this year, where some lucky folk woke up to over $1200 worth of UNI dropped to them in their wallet – worth over $3,000 at its peak – simply for interacting with the Uniswap platform prior September 1st 2020. I wasn’t one of these fortunate few and neither were a lot of other people here. I’d see people asking if they were too late for the airdrop, or if there were any other airdrops similar. This gave me an idea:- take part in as many airdrops as possible and see how many had any value to them and report back. The answer may seem obvious to some, but I wanted to evidence it. 
+
+The task was simple, enter ‘cryptocurrency airdrops’ into a search engine and see what came up. This eventually led me to joining several airdrop telegrams and twitter accounts and after a week or so I had applied for 14 airdrop by mid October. 
+
+These projects almost universally required the user to join the project’s telegram group as well as like and retweet a post on the project’s twitter account and follow them. Some would ask you to join their Facebook or Medium page and some would require you to post about them and tag friends in. Needless to say, I used throwaway accounts and didn't take part in any that required to tag someone else. Nearly all of them touted themselves as the next big thing in decentralized finance. These were the projects and what they advertised:
+
+**Name**|**Airdrop**|**Adv. $ value**
+:--|:--:|:--:
+ArbiSwap | 1000 Aswap | $30
+UniSwapx | 500 UNIX | $500
+Imperium PB | 100 IPBA | $50
+YFIV Finance | 1 YFIV | $360
+CryptoTechGiants | 50 USDT | $50
+Universe Token | 500 UNIT | $500
+yToken Finance | 0.2 YTKN | $4
+CeliSwap | 500 CSP | $500
+XUNII.Finance | 200 XUNII | $20
+Revo Finance | 1.5 RVF | $28.90
+Ybull Finance | 0.2 YBULL | $10
+YFDiamond | 1 YFD | $25
+Xenon Token | 5000 XNT | $50
+dEarn Finance | 70 DFI | $700
+
+Now, those of you who have been here a while will know exactly where this thread is going. To others, this should confirm their suspicions. Telegram is abbreviated to 'TG'.
+
+**Name**|**Received**|**What Happened**
+:--|:--:|:--
+ArbiSwap | 0 Aswap | You had to pay them $2 for gas to get airdrop worth $1.34 (worth $1.11 as of now)
+UniSwapx | 0 UNIX | **Airdrop never arrived**, locked their TG whilst heavily pushing presale
+Imperium PB | 0 IPBA | **Airdrop never arrived**, Telegram channel locked 2 days before airdrop
+YFIV Finance | 0 YFIV | **Airdrop never arrived** but still heavily pushing presale even now
+CryptoTechGiants | 0 USDT | Airdrop turned into a competition based on how many people you could refer, TG channel turned into a *signal group* (A.K.A P&D group)
+Universe Token | 0 UNIT | **Airdrop never arrived**. Locked their TG and advertised a doubling ETH scam website to their users
+yToken Finance | 0 YTKN | **Airdrop never arrived**. TG locked and then sold to 'BinanceSwap'
+CeliSwap | 0 CSP | TG locked. Required 0.09 ETH (then $45) to be sent which "they would send back"
+XUNII.Finance | 0 XUNII | **Airdrop never arrived**. TG locked and now advertises other 'airdrops'
+Revo Finance | 0 RVF | **Airdrop never arrived** due to "high gas fees". No one bought their presale so they created a poll asking why. Still pushing presale
+Ybull Finance | 0 YBULL | **Airdrop never arrived**. Locked and ghosted their TG channel before airdrop
+YFDiamond | **0.00005 YFD** | They airdropped 0.00005 YFD out of the 1 YFD advertised. TG locked and now advertises other 'airdrops'
+Xenon Token | 0 XNT | **Airdrop never arrived**. Deleted their TG channel 
+dEarn Finance | 0 DFI | You had to send 0.05 ETH ($25) to them first to 'validate' your address
+
+So. out of a combined **$2,827.90** worth of cryptocurrencies advertised to be airdropped, only one 'project' actually airdropped anything and that was 0.005% of what was advertised which is currently worthless. 
+
+This wasn't a surprise to myself and I am glad to have the actual data to back up my suspicions. 
+
+**FINDINGS:**
+
+ - Based on the Telegram channels of these 'projects', most of the users were from South America and the Middle East. Presumably from impoverished countries trying to find themselves some income.  
+ - These 'airdrops' were almost always a front to peddle a presale of their token. This appears to be the primary goal of most of them. They want to sell their newly-minted tokens for ETH, promising their project will get listed on big exchanges 'Soon™'.
+ - I only had to provide an email to one project: ArbiSwap. I used a throwaway email. After a couple of weeks I started to receive unsolicited emails from unrelated projects. This indicates that they shared/sold information of their users to other 'projects'.
+ - Some of the Telegram channels have been renamed and wiped of all information. The dEarn has been labelled a scam by Telegram themselves. Another has wiped all info and has renamed itself 'Project for Sale' and have made one post stating "We couldn't raise enough from presale, so we abandon the project". I am unable to find out which 'project' this channel belonged to. 
+ - Some projects seem to work together and promote the other project to their users on TG and twitter. 
+ - Airdrop twitter accounts and telegrams don't always promote the same airdrops, indicating that they only advertise airdrops that they're paid to advertise by the 'project'. 
+
+**To any newcomers to the cryptosphere, please do your research before taking part in any airdrops. Your time is worth more than most of these 'projects' combined. If something seems too good to be true, it usually is.**
+u/letsdoit2310
+
+u/positive_eagle_
+
+u/kingking933
+
+u/flyingjat
+
+u/national_menu7082
+
+u/kbot09
+
+u/wise_emergency5898
+
+u/fury_radar53
+
+ [u/fitbhai](https://www.reddit.com/u/fitbhai/) and  u/karan51ngh  interact with these accounts a lot as well
+
+are you wondering why some random posts with 80 upvotes have 250 comments?                            these people are spamming random comments and upvoting each other to farm donuts and defraud others out of their fair share .
+
+they are all from India as well (just check their profiles won't be hard to find evidence of this)
+
+3 more  (unrelated to the ones mentioned above as far as I'm aware)
+
+[u/Turbo\_Fox\_Fucker](https://www.reddit.com/user/Turbo_Fox_Fucker)
+
+u/[NewMarionberry7703](https://www.reddit.com/user/NewMarionberry7703)
+
+[u/oro\_na\_bani\_stara12](https://www.reddit.com/user/oro_na_bani_stara12)
+
+added a few more, credit to u/ethovian08
+
+https://reddit.com/link/p3sdij/video/g15hqzk6c6h71/player
+
+[this breaks rule 6 of ethtrader](https://preview.redd.it/1p1irxi5b6h71.jpg?width=473&format=pjpg&auto=webp&s=f9cedaa1893d09f095a40efec891b4098d0047a7)
+
+​
+
+https://preview.redd.it/0enzf4r9b6h71.jpg?width=473&format=pjpg&auto=webp&s=d0cc6796a24af8fdd74babf543cc9f48d2ddca60
+
+[as you can see it's always the same guys replying to each other ](https://preview.redd.it/utmex2idb6h71.jpg?width=473&format=pjpg&auto=webp&s=aa9f69963adb9c24542f235af92d84d3c975ccd6)
+
+https://preview.redd.it/dpe3q9ejb6h71.jpg?width=1000&format=pjpg&auto=webp&s=889b294892ad385d3485e4e26d39bc703007f672
+
+​
+
+https://preview.redd.it/wklgid1nb6h71.jpg?width=1003&format=pjpg&auto=webp&s=2c65995baf89f14d6a1e424bc86e7b5bd7545b75
+I’m in the middle of Inside the Black Box as my intro to the concepts. Great book so far! I have a good background in Python already, so I don’t necessarily need a beginner python book. What would be a good technical hands-on book that would compliment the one I’m currently reading? There’s a bunch of them. I’m thinking Algorithmic Trading by Chan, but it looks more like a similar type as my current one of concepts more than hands-on, no?
+
+By the way, like many I’m a hobbyist with a tech background. Not a finance background. 
+
+Thanks!
+I have a small holding of DIS, 10 shares to be exact. Bought them at $113/share. I’ve enjoyed the growth but I really prefer dividend investing. 
+
+I’m in my young 30s. No kids. Small business owner. No debt. My current goal is to hit $1000/year in dividends, currently at $700/year. 
+
+I want to sell the DIS and invest the money in VZ, O, SCHD, or JEPI. Only thing stopping me are the tax implications. 
+
+Am I over thinking this???!!?? Thanks for the advice or comments!
+Its currently around $2750 pre split fyi.
+
+Over the last 3 months there were endless discussion and a analysis suggesting that the tesla bubble was going to pop anytime now. It appears that tesla is going to be permanently viewed as a ~400B company at minimum going forward.
+
+There is a belief that tesla will hit ~$720 around the time of the official S&P inclusion.
+
+For bulls and bears, what are your thoughts on the stock.
+Edit: newer version here; [https://www.reddit.com/r/CryptoCurrency/comments/n5tvpv/due\_to\_a\_high\_number\_of\_requests\_ive\_updated\_my/](https://www.reddit.com/r/CryptoCurrency/comments/n5tvpv/due_to_a_high_number_of_requests_ive_updated_my/)
+
+Hi everyone.
+
+I have posted this previously - however there was a few issues which I have now fixed.
+
+1. Changed to Coingecko api. This now supports the top 1000 cryptocurrencies.
+2. Loads much faster.
+3. Should work internationally . The last version had formatting issues which caused errors for some people depending on their region settings. This should now work without having to change your excel language settings. Its difficult for me to test this in all the countries so please let me know if you are getting equation errors related to the exchange rate conversions.
+
+This is a spreadsheet that I have developed for myself gradually over a few years. I have found it very helpful for keeping track of my crypto holdings (good for tax purposes). No need to trust third party apps to keep your personal information - track it yourself.
+
+There is a lot in here;
+
+Automatically updates prices from coingecko. The top 1000 coins included. Just select which ones you want to track by typing in the ticker symbol.
+
+You can choose your local Fiat currency and get live conversion rates for any fiat currency.
+
+​
+
+https://preview.redd.it/4q0ud2tdcht61.png?width=1904&format=png&auto=webp&s=66c2ddb94458dd40b4a8c4faaedc3cdff58d8fae
+
+I don't record details of every trade. Just keep track of your crypto purchases (from fiat) and what coins you currently hold. The spreadsheet will calculate the rest and keep a record of how your portfolio and holdings have changed over time (it logs this data every time you save the sheet)
+
+​
+
+https://preview.redd.it/w2d6u10gcht61.png?width=1507&format=png&auto=webp&s=7238c8d7c64e68055a9878f522a9be246b48ca44
+
+​
+
+​
+
+https://preview.redd.it/o8utfeqhcht61.png?width=602&format=png&auto=webp&s=9281d1c62972d691b1828bdc00abced272b4fa7d
+
+I find this very handy to see if your trading is actually profitable compared to the HODL method.
+
+​
+
+​
+
+https://preview.redd.it/eb3w4t9jcht61.png?width=929&format=png&auto=webp&s=99def90145a61e3ea19438e75737505d6f16c729
+
+There are also plenty of 'moon math' and analytics to see how bitcoin is trending. This includes a full history of bitcoins price which updates every time you open the sheet.
+
+​
+
+https://preview.redd.it/kpcgd7ykcht61.png?width=1423&format=png&auto=webp&s=9031f21351feeecf638b260a52c04feb57d93d4f
+
+A few more charts because I like charts;
+
+​
+
+https://preview.redd.it/6z5y6namcht61.png?width=1133&format=png&auto=webp&s=e8414053e1c36e8a6722dfcb6e62b58bc4958c80
+
+Also has a simple 'regret calculator' to more than satisfy your regret quota for the day;
+
+​
+
+https://preview.redd.it/esdfokaocht61.png?width=351&format=png&auto=webp&s=944d2e278cd8818b95ab1662970fe0c6a8922f69
+
+​
+
+free download from here. Instructions inside. You will need macros enabled if you want it to do the fancy stuff.
+
+edit: new download link (version 14)
+
+ [https://www.mediafire.com/file/wc24a9bgxiaxhep/Cryptoprices14-\_for\_others.xlsm/file](https://www.mediafire.com/file/wc24a9bgxiaxhep/Cryptoprices14-_for_others.xlsm/file) 
+
+​
+
+Hope this is helpful to you in some way. Let me know if you have any issues - I will try and help if you catch me at a good time. This only works in Microsoft excel - it does not work in google sheets.
+As many of us may know right now. The USA has been hit by 6 tornadoes and its a giant Warzone. 
+
+First of all, 
+
+I hope you and your family and love ons are all well, second is there anything we can do as a community? 
+
+I know this isn't a GME related post. but god damn some things are more important.
+
+Edit: please people show some mercy, we are talking about peoples lives here. I know it is not GME related
+but it is APE related. as we are a global community.
+
+Edit2: thnx for the awards apes, but use that money to help the victims of this disaster.
+
+Edit3: for all apes that do want to help : https://www.wkyt.com/2021/12/11/how-help-western-kentucky-after-devastating-tornadoes/
+My view on the cobrapost "expose": There's some fire in there, but way more smoke. 31,000 cr. is terribly misleading; the problem is a fraction of the 14,000 cr. loans made to entities linked to the promoter (and the market's been fretting about that earlier too)
+
+What I find is bullshit - the donations to BJP (not a big deal) of 20 cr. 
+- the allegations of insider trading by using some random data - there is far more to this than the eye is being shown, but the 1000 cr. allegation is bull
+
+I'm also finding inconsistencies in the slum rehab thing. Cobrapost says a loan given to "Ghardwar real estate" of 430 cr. to a sham project, but indeed, the loan document is cosigned by "Darshan developers" who is the developer of the said Slum rehab proj
+
+You can see that in this document of cobrapost: http://cobrapost.com/public/image/Final_Hyperlink/Ann-85-Sanction-Letter-Ghardwar-pdf-2-230602777-.pdf … 
+
+If Darshan cosigned (this is only an offer doc, we don't know if it was sanctioned) and darshan was given the project according to the SRA site, then the loan is valid?
+
+If one 430 cr. loan was called "sham" and is now valid (against the mortgage of a slum rehab - actually three projects) then does it mean that we have to go through each allegation now and find holes? What if they're mostly flimsy?
+
+Further, if 430 cr. is no longer a problem and we find more holes then it's quite likely that a substantial part of the 31,000 cr. claim is incorrect.
+
+In fact, Cobrapost even mentions something about companies not being on the SRA website - but their loans are cosigned by Darshan developers who DOES appear on the SRA website as the developers of these projects.
+
+In another instance, they claim that this doc is supposed to be a loan document - it's just a mortgage deed against a loan that might have been disbursed in stages or at once (no evidence it was either) and either ways, no issues, cos they had collateral
+
+The more I dig, the more inconsistencies I find in the cobrapost expose. I'm going to stop here, because if a rookie like me can find this much in a couple hours - a seasoned investigator will park a truck in the holes left behind in this story.
+
+But I will end with : Don't believe what you read - even what I said above - without your own investigation. There's plenty wrong with DHFL, and yes, there's some looping around, but overall, the DHFL loan book isn't quite like this (mostly retail). I'm done with cobrapost.
+Disclosure: No shares or bonds of DHFL owned - I even suggested that people exit the bonds a few days back, quite unknowingly. This is not a defense of the company - it's an investigation of an investigation.
+
+https://twitter.com/deepakshenoy/status/1090306381813559302
+*Zerodha Article on Yes Bank*
+
+https://zerodha.com/z-connect/traders-zone/lessons-from-trading-on-yes-bank
+
+Nearly 2 lakh of our clients hold Yes Bank with an unrealized loss of over 59%, 1.25 lakh hold Ashok Leyland with loss of 40%, and over 1 lakh hold Tata motors with over 51% loss.: Zerodha
+
+* What credit card are you using? Discuss the privileges associated with them.
+* What card is best suited for online e-commerce shopping?
+* What card are you using for purchasing airline tickets?
+* How is the dispute resolution mechanism for your credit card? How helpful was the credit card issuer in resolving the dispute?
+* Did you take a credit card against a fixed deposit, due to non-existent credit score? What card was it, and what privileges des the card provide? Discuss.
+
+You can ask for a general review of a particular product or service that you are researching - "Is X good? Is it recommended for grocery shopping?", but please avoid asking for personal advice. The discussion is for consumption by a broader audience. For advice regarding your personal situation (like "I am Sharmaji ke padosi ka beta, and my wife needs a credit card for grocery shopping, what would you suggest?"), the bi-weekly advice thread is recommended. Personal advice queries and comments will be removed to ensure that older threads provide sufficient historical reviews on products and services.
+
+Reviews posted here can be relied upon by newcomers to evaluate customer experience. Please confine the thread only to reviews or requests for reviews of products and services.
+
+Hi Gang,
+
+I sold a CC Monday and has since lost half its value, putting me in a profit.
+
+Im wondering from your expertise if the correct call is to lower the stike price and capture more premium.
+
+My thinking is that I am overall still bullish on the stock and rolling down would not make much difference.
+
+Should I buy back the calls and wait for a jump/spike?
+
+Thanks.
+Hi -  
+
+
+First-time home buyer 715k ( property), 15% down 10k closing costs and my lender says we got a great rate at 3.25%. Then I spoke with a friend who says his lender is getting him between 2.75-2.9% . I mean I know things are different for everyone but my wife and my credit score together are in the 780's. When I search online it says the national average on google are around 3.226% APR.   
+
+
+Then when I go on Bankrate or sites like this: [https://www.forbes.com/advisor/mortgages/mortgage-rates-11-15-21/](https://www.forbes.com/advisor/mortgages/mortgage-rates-11-15-21/)   
+
+
+I see others are in the 2.7 range - am I missing something? My lender let me know that rates went up - but google says they went down .11 from last week. Am I just seeing a search bias? My lender works for one of the largest lenders in the US, and is a great guy, and anytime I reach out he lets me know it's not true, the bond market got hit hard, rates are going up and we got a great deal. Before we started escrow on 10/28th I had 2 other lenders that were offering 3.25 as well - So I felt good about it. Am I overreacting or am I missing something? I meant even if we got 2.9% that .25% does help over 30 years.
+I'll cut right to the chase. This is my first time dealing with this sort of thing, so I could really use some help, and my parents don't really know what they're doing.
+
+​
+
+After finishing my taxes with H&R Block I decided to see what my credit score is, using their LendingTree service. When I went to my dashboard, I saw accounts which I expected (one loan account & one card account which I have for personal use) but I also saw 3 credit cards to other stores. Now, I was aware that my mom had these accounts, but I had no idea that they were in my name. I called to ask her about it, and she said she "just wanted me to have a card to use." 
+
+​
+
+So, how exactly do I solve this problem? There is a large, overdue unpaid balance on one of them which is definitely affecting my credit score.
+Guten Tag to this global band of Apes! 👋🦍
+
+We all expected this week to involve serious amounts of fuckery.
+When I saw the ticker pass $150, I made a mental note that the 1-hour margin call must have been triggered, and to check back to see if the Critical Margin Theory held up.
+As expected, the SHFs chose to survive another day, and not too much later they aggressively drove the price down.
+While I fully expected them to do so, as they have so many times before, it will never cease to amaze me how brazenly they engage in this market manipulation.
+This is exactly the kind of behavior that needs to be stamped out.
+
+Of course, it changes nothing.
+On Monday, anyone who owns a share of GME will be put on the list to receive the share dividend on the 21st.
+The SHFs who borrowed shares will be obligated to deliver those additional shares.
+The phantom shares that they've failed to deliver will need to be quadrupled.
+This share dividend has created an anvil upon which they'll be crushed.
+
+I am happy to stand by and watch.
+
+Today is Friday, July 15th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- ⬜ 120 minutes in: **$138.66 / 138,59 €**  *(volume: 977)*
+- 🟥 115 minutes in: $138.66 / 138,59 €  *(volume: 952)*
+- 🟩 110 minutes in: $138.72 / 138,65 €  *(volume: 923)*
+- 🟩 105 minutes in: $138.59 / 138,52 €  *(volume: 921)*
+- 🟥 100 minutes in: $138.52 / 138,45 €  *(volume: 921)*
+- 🟩 95 minutes in: $138.52 / 138,45 €  *(volume: 921)*
+- ⬜ 90 minutes in: $138.52 / 138,45 €  *(volume: 905)*
+- 🟩 85 minutes in: $138.52 / 138,45 €  *(volume: 723)*
+- 🟥 80 minutes in: $138.29 / 138,22 €  *(volume: 667)*
+- ⬜ 75 minutes in: $138.52 / 138,45 €  *(volume: 639)*
+- 🟥 70 minutes in: $138.52 / 138,45 €  *(volume: 599)*
+- ⬜ 65 minutes in: $138.56 / 138,50 €  *(volume: 554)*
+- ⬜ 60 minutes in: $138.56 / 138,50 €  *(volume: 551)*
+- ⬜ 55 minutes in: $138.56 / 138,50 €  *(volume: 551)*
+- ⬜ 50 minutes in: $138.56 / 138,50 €  *(volume: 551)*
+- ⬜ 45 minutes in: $138.56 / 138,50 €  *(volume: 547)*
+- ⬜ 40 minutes in: $138.56 / 138,50 €  *(volume: 542)*
+- ⬜ 35 minutes in: $138.56 / 138,50 €  *(volume: 508)*
+- ⬜ 30 minutes in: $138.56 / 138,50 €  *(volume: 494)*
+- ⬜ 25 minutes in: $138.56 / 138,50 €  *(volume: 465)*
+- 🟥 20 minutes in: $138.56 / 138,50 €  *(volume: 461)*
+- 🟩 15 minutes in: $138.57 / 138,50 €  *(volume: 456)*
+- ⬜ 10 minutes in: $138.57 / 138,50 €  *(volume: 440)*
+- 🟩 5 minutes in: $138.57 / 138,50 €  *(volume: 407)*
+- 🟩 0 minutes in: $137.26 / 137,19 €  *(volume: 206)*
+- 🟥 US close price: $136.20 / 136,13 €   *($138.00 / 137,93 € 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 1.0005. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+ Hello everyone!
+
+We are a small group of devs and traders working on an idea we had almost a year ago, which is to explore alternative datasets along with financial data to get a better understanding of the markets and asset price movements.
+
+Although not a new thing, we thought it might be pretty useful for those who don't have access to these data, or don't have the time/resources to gather them.
+
+We have buit a very simple board for each asset class, as follows :
+
+\- Stocks board : [https://quantflare-stocks.herokuapp.com/](https://quantflare-stocks.herokuapp.com/)
+
+\- Crypto board : [https://quantflare-crypto.herokuapp.com/](https://quantflare-stocks.herokuapp.com/)
+
+Currently, we have data for about 500 cryptocurrencies and 600 stocks. Also, we're working on predictive modelling atm, should be online in a few days. There are a number of features we are planning to add, more sources, assets, UI features etc but at first we're more eager to learn whether this is a tool that traders will use, apart from us, so it's worth developing it.
+
+Any feedback will be much appreciated :)
+My friend is on his fifth house. He buys one, lives in it for a couple years and then buys another/rents out the previous. Watching him do well, I finally thought I’d try my luck, but I feel like I don’t even know what questions to ask. He wants me to buy a duplex. He did the math for me and assuming high rent, I’d make about 700 a month. Sounds good, but I’d probably use a property management company; that and property tax. Probably would take home between 300-400.  That’s up to an 11% return on my initial investment without factoring in any value increase! Sounds good, but that’s the perfect scenarios, hundred percent occupancy, no eviction costs, repairs... There’s just a lot of factors. Is this a good idea? I could also get an Air BnB or get two smaller homes... I really don’t know what to do and would really appreciate any info/opinions/suggestions.
+Other than not having a big enough wallet to carry all of that money hahaha. 
+
+Seriously though, what are you dealing with right now? I just bought my first 7 unit building and would like to know if it's all rainbows and rental income for everyone else except me or not.
+
+There are always life lessons you learn after making adult decisions (ie buying your first car). What is something you learned after the fact that would have benefited you during the process of buying your first home/land
+https://www.theguardian.com/lifeandstyle/2012/feb/01/top-five-regrets-of-the-dying
+
+While the article isn't about FIRE, I feel that #1, 2 and 5 are the ones that align with my own personal feelings on reaching FI and hopefully getting to early retirement.  I hope that I won't have these regrets when my time comes.
+
+**I wish I'd had the courage to live a life true to myself, not the life others expected of me**
+
+This one feels especially relevant, since we're taking a path less traveled.  My wife and I could be living a life right now that is a lot more extravagant if we weren't putting away half of our gross income.   The few people who know about our plans don't really understand it, but that's OK.  It makes me think of the Dave Ramsey line about living like no one else. 
+
+**I wish I hadn't worked so hard**
+
+This is probably one of the main reasons for us to reach FI.  I think I would certainly have this regret if I ended up working into my mid to late 60s and found myself on my deathbed before I'd reached 80.  Reaching FI means our life no longer revolves around needing to work, and frees us to live the way we want to, not the way we need to.  As I get older, working harder becomes more of a requirement, as I have to make sure I remain more valuable than the younger people coming up behind me.  
+
+**I wish that I had let myself be happier**
+
+Again not totally FI related, but it's a question we ask each other on occasion, about what makes us happy, and trying to balance being happy now and still securing our happiness in the future.  I don't want to feel like saving for the future means I have to live a miserable life now, but at the same time trying to ensure that I won't have to live a miserable life 20 years from now.
+
+Hopefully you can relate to some of these as well.
+I'll try to keep this shortish, but can add clarifications if necessary. 
+
+I make $14/hr doing basic computer work (data entry, teaching people how to use iTunes/Microsoft applications, RAM swapping, you get the idea), which comes out to $1450/month after taxes, social security, etc. After coming up short for the past few months on rent I started budgeting using Mint, and I made some key changes to my lifestyle, cutting out entertainment and saving me about $60/month. I have a minor physical disability that requires medication, so by far my biggest expense is health insurance and health related expenses. 
+
+I don't get benefits, vacation days, sick days, or anything like that. I've been with my current company for the past 2.5 years and I haven't seen my family or any of my old friends in that time period because I haven't been able to take a vacation. The management is horrible and I dread going to work every day. I work almost every day and haven't done anything remotely fun since college, save having a few drinks at home with my girlfriend sometimes. I'm a pretty big extrovert so it always feels weird to see my friends from school all out at nightclubs and going to the beach (I'd love to be at either of those places) while I'm stuck working 8-10 hours a day and being too exhausted to do anything social when I get home. 
+
+I have a BA in a field related to art and technology. It's not a useless degree because it helped me get my job and I think it's been helpful in checking the box for getting me interviews in the past, but it's not a 'catapult you into instant riches' kind of degree. I don't have any student or credit card debt. I do have a small emergency fund (was really helpful when my alternator died a month ago!) and I've been able to maintain it, but I've been unable to save anything on top of it. I also have a 401k with about $2k in it. 
+
+My girlfriend says I should take literally any job, from warehouse work to overnight bakery jobs to dishwashing, that provides better pay or benefits than what I make now, regardless of what field it's in or whether it leads to any kind of career. There's a dishwashing job at a local museum that offers full benefits, 100% health coverage and a month of vacation, same with a grocery stocking position that just opened up near where we live. I partially feel like I'd be a laughingstock if I graduated from a good college and got a dishwashing or stocking job, even if the benefits are better.
+
+I've been looking into Ramit Sethi's Earn1k course, which looks like it could be a good idea. I've also been looking into construction and labor jobs because it looks like they're everywhere (and I'd be building the skills necessary to own and fix up a home), but I've always been a pretty effeminate guy so I'd be afraid of it being like high school all over again.
+
+And that's basically it. I never really get any time off, and I feel like I'm just endlessly working just to exist. How do people live like this? Is everyone just used to spending 9+ hours a day doing something they hate so they can look forward to not starving?
+
+**Edit:** This really blew up. I got called into work a few hours ago, I didn't just make this post to abandon it. I will read each and every one of your replies. 
+
+**Edit2: (5:15PM)** Still reading through everything, responding to some, will continue responding over the course of the next several hours. To the confusion on how $14/hr comes out to $1450, it's my take home pay after taxes, SS, and 4% 401k. 
+I'm currently shopping for new car insurance. For some reason moving house about 5minutes away made my insurance go up $11 a fortnight and they couldn't give me a reason as to why over the phone. Hence the quote shopping.
+
+Ok here's the tricky part, when inputting data for a new quote a provider will ask you who your most previous insurer was, I then finish up and see the resulted quote. I don't like it. I go back and change one field; the most previous insurer field. I did this a few times and by trial and error this changes my quote just over $200 p.a depending on which previous insurer I select. What a sham.
+
+And now for my question. In the duty of care to not make a misrepresentation section It harps on about answering questions truthfully blah blah. Could they actually use someone incorrectly filling out the most previous insurer field as a reason to reject a claim when it comes down to it?
+
+It literally changes nothing, but I assume, knowing who my previous insurer was allows you to give me a quote that is the maximum you think I'll pay whilst ensuring it is cheaper than my current insurer.
+
+- Thoughts?
+- Any idea where I can get the decent comprehensive insurance, without overpaying these sham insurers?
+I'll start again. I'm in the healthcare industry in WA. Still busy. Lots of staff shortages for doctors, nurses and pharmacists. I believe the govt is trying to get the hospitals in order before opening borders - which is smart. This is only an opinion. 
+
+Most shops and cafes are booming. Lots of signs looking for workers. However, I also notice the ones that struggled before, have shut down. More empty retail space in city centre  than I've noticed before e.g. hay St mall.
+
+People are still buying houses within the first week of listing. One on my street sold two weeks ago before it was even listed.
+Hey folks,
+
+I just graduated a little early and am trying to gain a bit more experience with excel modeling for a career in corporate finance prior to my start date which is in 5 months. My past internship (also a F50 comp) didn't really require me to do any crazy excel modeling. Going into my new job, I want to walk in with a good set of skills that will help me out and provide me a slight edge with modeling.
+
+With that said, for those in the industry already, what kind of excel modeling skills did you find most commonly used and relevant? What do you see as a future tool that will be crucial? Are there any good online excel modeling courses that you could recommend?
+
+Thanks!
+First of all, I’m not saying that the proposed rule isn’t shitty. It’s shitty! But if you were legitimately blindsided by a white collar criminal enterprise trying to prevent the total collapse of their business via changing the rules of a game they’re losing, I don’t know what to tell you. *They were always going to try every single possibility to prevent the MOASS.* These are psychopaths who would sell their own mother up the river to stay alive one more day, and they’re desperate. 
+ 
+But in all the sudden, heavily awarded panic, apes lost sight of some of the best news we’ve seen since DFV said “just up.” Not only does the dividend stock split equal an absolute Armageddon for short sellers, Citadel just watched a ton of ammo get lit on fire as Netflix took a dump. 
+ 
+Facebook’s failing. Over and over again, the short hedgies’ long positions are getting killed, and they’re running out of runway. 
+ 
+If you don’t like what’s being said, what do you do? 
+ 
+You change the conversation. 
+ 
+This is a war. And according to Sun Tzu, when you’re weak, one of the most important things to accomplish is appearing to be strong. 
+ 
+Think about what happened today. Think about the illusion that was just spun out of thin air. All of a sudden, instead of the MOASS being inevitably on the horizon, there is this magic button that the hedgies can press. With a simple flick of the wrist, the hedgies are now able to “prevent the MOASS” via one simple rule change. They can undo all the work retail has done, all the time writing game-changing DD and money that working class folks have spent over the past year, with a few pages of legalese! It’s incredible! 
+ 
+When you opened Reddit this morning and were bombarded with this news, did it make you feel shocked? Panicked? Helpless? Did it make you feel like despite the fact that hedgies have spent the last year with their dicks caught in a bear trap, they are simply too powerful, too well-connected, too rich and almighty to ever destroy? That emailing the SEC — not buying, holding, and DRSIng so your shares are unmanipulateable — was the only possible way to not get crushed by the unwavering might of the 0.1%? 
+ 
+It was supposed to. 
+ 
+But think about what’s actually happened these past weeks and months. The float has been bought many times over. Big players in social media are hopping on board. Just a few days ago, RC moved his Queen into position for a checkmate. The dividend split is coming. Unless every ape’s diamond hands magically and mysteriously shatter, *there is no way for the hedgies to win.* 
+ 
+And in the last 48 hours, over half a billion dollars of weaponized hedgie ammo have disappeared. Netflix is falling. 
+ 
+This isn’t a stalemate. 
+ 
+Things are going fucking great. 
+ 
+Don’t fall for the trap of pessimism and despair, because it’s an illusion. This DTCC bullshit isn’t some magical, all-consuming poison pill. It’s a smokescreen. 
+ 
+As the MOASS gets closer and closer, the hedgies’ criminality and desperation is going to get more and more blatant. Flash crashes and short ladders and FUD articles were just the beginning. We can expect to see an all-out blitz on all fronts, with a high level of Ivy League creativity. 
+ 
+Embrace it. 
+ 
+This is and has always been a big balls play. It takes risk fortitude, and the ability to outsmart teams of psychology PhDs fueled by the best algorithms money can buy. Yet one simple fact remains: 
+ 
+Retail has Wall Street in a chokehold, and these chinless manor-born coke addicts don’t know how to lose. They can’t even comprehend it. 
+ 
+So you know what? 
+ 
+Bring it on. 
+ 
+Their fuck you money means nothing to me. Their lawyers mean nothing to me. The only thing that matters is the math — 
+ 
+And the math only adds up to ape. 
+ 
+To the moon.
+Hey Gentlemen! 
+
+We had ourselves some (minor) red candles today. Generally, these are accompanied by cries of "What idiots! Thanks weak hands for selling me your Eth!" A lot of people see a red candle in a bull market and think that whoever just sold must be soft in the head. Who would want a lower price? Let's break it down..
+
+**First, someone sells every time someone buys.** - We all know this, but it gets forgotten. It is through this trade that we all come to an agreement as to the value of our asset. "The price was $420. Wasn't that what we agreed the other day?"
+No. We didn't agree to that price at all.
+The "price" just means two people made a trade of some amount of Ether at that price, not that we all agreed on that price, communally. To understand that, ask yourself how many Ether you bought at $420. How many Ether did your friends buy at $420? One person buying .01 ETH at $420 is a plot on the graph, but it's not a consensus. In fact, it was the point at which all of the buyers but one thought the price was too high. Suppose trading stopped there briefly. You see the price at $420, and let's say you own 10 ETH. Do you have $4,200 worth of Eth? Not exactly. You would find it difficult to sell 10 Eth at $420 each. But you could probably sell a ton of Eth around $350 still.
+
+**The true price is more than simply what one person was willing to buy/sell any amount of Eth for.** - We need to not only know the extremes, but we need to know that the community agrees. The community isn't going to unanimously agree on one exact price though, they'll be spread throughout a range. Red candles, "consolidation" and "correction" are essentially how we communally agree on the "price". 
+
+**The further we diverge from our comfortably agreed price, the less faith we have in the spot price -** We rebuild that faith by testing both limits: What's the highest price someone is currently willing to buy at, and what's the lowest price someone is currently willing to sell at, and on the flip side how many people are there to buy or sell at those points and in between. As we test those levels, we come more and more in agreement on the new price. It's like a complicated voting system. As we become more confident on the new price, we grow more and more into agreement. 
+
+**How we come into this agreement is important.** - This is the foundation of TA, the reason for all those lines and triangles. Certain indicators tell us how much or how quickly we are diverging from the trend, or from what is "normal". We can actually get an idea of what people feel is "normal" based on looking at the charts. *People can lie on a discussion post, but they tend to be honest with their wallets.* I can tell you that I think $500 is cheap, and may even believe myself, but until I buy at $500, I'm not really being totally honest. Looking at what we have actually traded for in the past is actually a good indicator of what we're all, communally, really thinking.
+RSI, Fibonnacci levels, etc are all pointing to this information. How abnormal is this price or price movement? "Triangles" and other chart formations tell us the story of our communal "price election". You can imagine everyone being on a spectrum between optimists and pessimists, bulls or bears. The most pessimistic or skeptical people didn't make that buy at $420, and will only buy at the lowest prices, long after anyone left is willing to sell to them. The same goes for the optimists or bulls. As the price fluctuates through prices, we see where the bulls and bears get stronger and weaker, and as we come to agree on a price, we see which side is favored.
+It's not a perfect art, and it's not going to over power some big piece of news or new information that will make everyone reevaluate the value of the asset, but absent those things, it can give us an insight into what our market place actually feels, and how those feelings are changing as we come into and out of agreement.
+
+EDIT: Formatting for readability.
+Why is energy still the play and why will it let you retire in the few years?
+
+General: 
+During a recession energy consumption always decreases relatively, and even more so with Covid, due to lack of office spaces, lack of recreation, and lack of travel / commute. You can look back at the ‘08 ‘09 crisis and view how energy and c02 emissions skyrocketed after Michael Burry got famous. [1]
+   
+  
+
+Next, we have the catalysts, Joe Biden. According to his administration there are only 9 years left to stop the worst consequences of climate change. Biden will act quickly, and aggressively. He’s working with Congress to enact in 2021 legislation and plans that will put America on an irreversible path to economy wide net zero emissions. While also rallying the rest of the world to pursue clean action through leadership and action. Not really lastly, but also make $400bn as ONE part of a broad mobilization of public investment in clean energy and innovation (relatively old news, but relevant) All while creating 10,000,000 new jobs in clean energy. This is within his “Biden will make a $2 trillion accelerated investment” which also pertains to the auto industry such as EV gov vehicles, see WKHS as an example.[2][3]  
+    
+
+Energy has already gone up alot this last 6 months. It's too late! False. So has everything, even giants like Apple are up over 100% since March lows.   Clean energy has been supressed these last 4 years, and are only going back to where they belong.
+  
+
+Hydrogen: 
+Recently Mercedes-Benz spins off it’s truck unit due to ever changing landscape in industrial and commercial vehicles. While premium sedans have largely been adopting the EV mantra, commercial trucking has seemed to go the way of hydrogen. “..while the truck business is investing in hydrogen fuel cell technology. [6] Recently Ballad power Systems $BLDP signed a deal to make the hydrogen fuel cell for hydrogen power boats as well. [7]
+
+  
+
+Nuclear::
+Now, we have Solar, Wind, Hydrogen and what else? Well, reasonably speaking you also have Uranium to Nuclear energy. Did you know that The world has largely put most of their uranium mines on hold and in maintenance mode? Right now there are 442 Nuclear Reactors operating within 30 countries, primarily in US, France, China, Russia and Japan (rip) this consume 200 MILLION pounds in Uranium per year. We are currently sitting at a 20 million pound deficit and could reach as high as 50 million pounds.     
+  
+
+Utilities have been underbuying Uranium since 2014 than they need to produce nuclear energy, the difference (or deficit) between what they are buying and what they need to produce Nuclear energy has been filled by drawdown of existing inventories. We also have Elon Musk talking about Nuclear Bull case https://www.youtube.com/watch?v=bKH-uVqg9OI [4][5]
+  
+
+
+
+# If I had to choose a single ticker from each, I would choose **$FCEL** for Hydrogen, **$NXE** for Nuclear, **$ENPH** for solar
+
+The tides in energy have changed, we are seeing huge pushes globally to adopt these new technologies. If you rub your couple of brain cells together really hard, this shit is the future.    
+
+Tickers: $FCEL, $BLDP, $PLUG, $NXE, $ENPH or if you want ETFs, $TAN, $FAN, $PBW (shout out to $ICLN gang) 
+  
+Final: This was way longer and harder than I anticipated to put together. We still have Energy Storage, Wind, and I didn’t even address Solar reasons, Biofuels or NatGas. But these are my big bets for 2021. I'm aware EV is beast, but so is everyone else, bringing new information to light that may be less represented. 
+I'll do a part2: if you enjoy this expanding and adding extra details.
+
+Sources:  
+[1] https://www.sciencedaily.com/releases/2011/12/111205140613.htm  
+
+[2] https://joebiden.com/9-key-elements-of-joe-bidens-plan-for-a-clean-energy-revolution/  
+
+[3] https://joebiden.com/clean-energy/  
+
+[4] https://josephcollinsul.medium.com/the-uranium-bull-thesis-ce6d49ebd219  
+
+[5] https://www.youtube.com/watch?v=bKH-uVqg9OI  
+
+[6] https://apnews.com/article/technology-environment-germany-54b2b7629539b2fb8f1383b83b490c42  
+
+[7] https://www.prnewswire.com/news-releases/ballard-introduces-fuel-cell-industrys-first-commercial-zero-emission-module-to-power-ships-301125226.html  
+  
+  
+Positions: people are asking my positions, I'm long on all this stuff in the boomerfolio. I don't have any active weeklys or options trying to pump. I'm just trying to spread awareness that Alt Energy is still in it's younger stages and it's truly not too late.   
+NXE 3000 @ $3.17, CCJ 1,000 @ $13.84, BLDP 750 @ $29, FCEL 2,250 @ $17.50, BE 400 @ 37.76, TAN 150 @ $114, ENPH 150 @ $212, PBW 150 @ $113, ICLN 1000 @ 28, QCLN 200 @ $80
+Hi All,
+
+As per the title, my parents passed away in a traumatic accident and I am swamped with emotions and financial worries. They left me with their home estimated @ 1m USD (100% equity) and 300K in savings (this includes a life insurance payout of 100K) plus pension. 
+
+My parents were based in a small western EU country and I currently live in the APAC region for work where I live with my wife. My savings are approxiamtely 100K USD (I am 29yr old; 80% are invested in some mutual fund portfolio with Fidelity Int.). Its been a couple of months to absorb and I am finally starting to gather some energy to do anything. 
+
+I have no idea what to do. I would like to explore some ideas with you guys before I go to an asset manager.
+
+My ideas: 
+
+\- Dispose of my parents home at the prevailling market price, pay taxes and invest the proceeds in a mutual fund/ETF (80% Broad Equity/ 20% Treasuries).
+
+\- Put their cash savings in some income capital protected investment fund. 
+
+Other than that I have no clues. I have zero ideas what to do. My other extended family, I dont get on with a lot and I try to build some space from them. I dont know if its a good idea to discuss this with family.
+
+Thanks a lot.
+
+Edit: I would like to thank everyone for their support and insight shared. I will aim to reply as much as I can but my sleep pattern is absolutely screwed recently.
+
+You guys are amazing thanks
+For a long time I was a high spender and would fantasize about winning the lottery and thought this was the only way I'd ever get to FI before the age of 125. However, for the past year I've been able to cut my sending in half and am on a good (could be more gooder) path to FIRE by age 50. One thing that clicked for me was shifting to the idea that I have basically already won the lottery. I was born into the upper-middle class in a Midwestern US suburb.  I have access to anything I need and want. I've won the lottery in the sense that as long as I stop spending like a jackass, I can put my head down and work at a fairly-enjoyable fairly-well paying job for 30% of my life, and then get to FIRE. And the years before I entered the workforce were pretty great and carefree as well. 
+
+I know MANY people in here are not so fortunate, but I think it comes down to the core idea of being happy with what you have.
+With Celsius now firmly embattled in Chapter 11 proceedings, they are burning a huge amount of cash on the legal proceedings. 
+
+Their legal counsel Kirkland & Ellis just presented a bill for $2.5 Million, for just 18 days work.
+
+​
+
+[This sums up to around $140,000 per day or $5800 per hour!](https://preview.redd.it/k5tuhmzrl5u91.jpg?width=1179&format=pjpg&auto=webp&s=4ecb3277f4f4b5349e2e145fdd06f2fd52ad55de)
+
+A list of all the per hour basis invoices of various attorneys is in this file (see page 9 onwards): [https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf](https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf)
+
+And that is just one law firm.
+
+Another law firm **Akin Gump Strauss Hauer & Feld LLP** has billed them close to $750k for 45 days worth work. (source: [https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000013.pdf](https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000013.pdf))
+
+These apart, there are additional fees paid to more counsels like White & Case, independent investigation teams, blockchain analysts etc. 
+
+At present, Celsius is burning through a deficit of $1.5m PER DAY!
+
+Since they are in bankruptcy, all of this comes from user's funds that are now part of the bankruptcy estate. Given current expenses, they could burn as much as $500m in a year, if the proceedings continue. Most high profile bankruptcies can run into expenses of 9 if not 10 figs. And the Celsius one has a long way to go yet, and given the number of clawbacks that are possible, it could run into years. 
+
+Together with various cryptos losing their value due to the bear market, it could represent a significant portion of the total bankruptcy estate lost in operational fees and legal fees. 
+
+Celsius already had a $2bn hole in their balance sheet, which is only going to get worse with these lawyers cleaning out as much as they can. Bankruptcy proceedings are extremely expensive affairs, and the losers are the Celsius users who have funds tied up in this.
+Hi everyone,
+
+First time here. Came looking for any advice, tips, suggestions, etc. about how to start saving for my son’s future. 
+
+My husband and I both came from modest income families who told us to save but never taught us how to save. We had to und our own education, like many people do, and we are now almost at our goal for a down payment for a house. 
+
+Although it feels good to have worked for what we have, it’s been stressful. We would like to ease that stress for our son if possible so he may have a nice amount for whatever he may need (education, car, home)once he’s an adult. 
+
+What kind of savings accounts are out there? Which is the best? Do they require specific amounts to establish? 
+
+I didn’t mention it before, not sure if it matters, but he’s almost 3 years old. 
+
+Any info would be great! Thanks in advance!
+I recently got an interview at HEB (grocery store in Texas) and they asked me for a background check (so far everyone has told me that this will more than likely lead to me getting the job). The starting pay is 9.50 an HR and I plan on working at the very least 20-25 hours a week. I will finish highschool in May and I plan on moving out after summer. Any tips? anything is appreciated!
+Hello everyone, nice to meet all of you (virtually.) I am a 21 year old nursing assistant so I make $20 an hour. (I will be making 40+ an hr after graduating) I am blessed enough to not have to pay rent as I live with my grandmother, but do have a car payment. I have started a investing $200 a month in an IRA with Primerica investing. Yes, I know about Primerica now. I am considering switching to vanguard. Now that you have a little background of my almost nonexistent financial portfolio, I am asking what financial advice would you give yourself as a 21 year old? If possible, what advice would you give me about being financially independent by 35?
+Thank you everyone for sharing
+​
+
+​
+
+​
+
+[Most relevant comment on that post.](https://preview.redd.it/d2gk3hvbuy7a1.png?width=1474&format=png&auto=webp&s=352d31169b8d1f97b66505d31c0fb5f03aab5358)
+
+Just wanted to let you guys know that the Mod team is aware of this issue. One of our own mods has also caught a 3 day ban, another has received a warning. Not sure if it's related, but might be.
+
+We've also not received feedback yet on why it's no longer possible to tag users in our community. We're trying to get to the bottom of these issues and resolve it with the Reddit admins.
+
+Until then, please be on your very best behavior in terms of not displaying user names in screenshots and definitely don't go to other communities and trigger complaints of brigading (even if provoked), as to not run the potential to further escalate this issue.
+Hello everyone,
+
+As some background, I'm (24) currently a high earner in London (>100k total comp), and I've got a bunch of savings I (mostly) don't know what to do with. I've already paid back my student loans and maxed out my S&S ISA for the year.
+
+I've been with my SO for more than 5 years and I'm fairly confident we're going to be together for a long time, but we're not married yet and I don't have plans get married in the near future either.
+
+I had the idea that I could give her money to pay back her student loans and maybe even max out her ISA as well, as that would likely be maximizing for the two of us. It would probably be best I she could then pay me back in a similar way over the next few years, but this isn't strictly necessary. I guess I'm mostly curious if there are any tax implications that I'd have to consider, or if there are any better alternatives that would effectively achieve this.
+
+I'm aware that I can generally gift her any amount of money, and if I don't die within 7 years, there are no taxes to pay on that. I don't really know if the thing described above would be considered as a gift.
+
+Any advice is very much appreciated!
+Hi all, I hope you're well. Has anyone got any recommendations for life cover? Just looking to cover my family just in case scenario but I don't know if it's worth it if insurance company doesn't pay out. Many thanks !
+I was in a small chat WhatsApp group discussing recent investments and discussed my new Dividend portfolio. The vitriol I received was so weird. Some were saying that "dividends are a sign of a dying company" and "why would I get paid to hold a weak stock?". I get there are mixed views on age and dividend investing, but everyone has different strategies and it's my money so why do people get so emotional over what I'm doing with it?
+
+I don't get what happened to trading and investing communities over the last 3/4 years, but seems like it used to be everyone just doing their own thing, happy to discuss it, and not quite as factioned as it is now. It's a little sad as there seems to be a lot of bitterness killing what could be a much more fun and discussion filled sector.
+Hello all,
+
+I am interested in hearing some more about the cons specifically of starting a Roth IRA. From my initial search, I can't seem to see any downsides other than the capped annual contribution, which isn't really a con. Are there any tax concerns during withdraw? Its going to generate a lot of capital gain over time, so do I pay the taxes on that annually or just as income tax when I begin to withdraw down the road? In theory, I would strategically withdraw with my taxable income in mind, as to avoid entering a higher tax bracket. I am also open to any other ideas or critiques. Some numbers to help understand my situation:
+
+Age = 25  
+Annual Income = $75k + Stock Options, Bonuses, Raises, etc.  
+401k = $45k in a target date fund, contributing 10% + 3% match, no vesting period  
+Personal Portfolio = $60k in stocks and etfs  
+Liquid = $10k in Checking/Savings  
+Debt = $5k Car Loan (Value > $20k)  
+RE = 50:50 owner of $275k home (Equity \~$40k)
+Hi, due to an inheritance I will be receiving approximately 400k in the next 6 to 12 months, over half of which is coming from a house (which I plan to sell). I believe I will not be paying inheritance tax on it as my father has left the house to me. Also I've read the flowchart and I feel like I'm in a pretty financially solid position, and just now have some more options with this recent windfall.
+
+My information
+Age: 29
+
+Salary: 80k
+
+Savings + investments + little bit of crypto: 80k
+
+Debt: 20k student loan (plan 1), currently paying it off at 400 / month
+
+Goals: Retire early. At age 50 would be fantastic.
+
+First of all I'm planning to sell the house. I don't want to live there and I don't think I want the hassle of trying to rent a place out, but I'm all ears if you think there's any reason for me to hold onto it.
+
+Then I would like to aggressively pay off my student loan over the next year (~1.5k a month). Put 50k into premium bonds as a huge emergency fund, a bit of interest, and to satisfy a very small gambling craving. Then with the rest I think my options are: buy property or invest. I like the idea of using property as an investment, but I also am not to sure about all of the troubles and effort associated with owning a home and renting it out (bad tenants, repairs, taxes, etc.). For this reason I'm thinking of putting most of it into stocks and shares, and continuing to rent. 
+
+If I wanted to put most of this into stocks, I understand that lump sum is generally better than DCA but this would be tough mentally to put it all in at once. Should I just bite the bullet and lump sum?
+
+How does this plan sound? Thanks
+What do you think?   
+
+# The Bears
+
+**1. Ray Dalio: Expect a 20% sell-off in the stock market if rates keep rising.**
+
+"With inflation well above what people and central banks want and the unemployment rate low, it's obvious that inflation is the targeted problem, so it's obvious that the central banks should tighten monetary policy. Everything will flow from that," Dalio said on Wednesday.
+
+"I estimate that a rise in rates from where they are to about 4.5% will produce about a 20% negative impact on equity prices," Dalio said.
+
+**2. Scott Minerd (Guggenheim CIO): A 20% decline in the S&P 500 could happen by mid-October.**
+
+"It's really stark to see the price-to-earnings ratio where it is... given where seasonals are, and how far out of line we are historically with where the p/e is, we should see a really sharp adjustment in prices very fast," Minerd said last week.
+
+"It appears people are ignoring the macro backdrop, monetary policy backdrop, which would basically indicate that the bear market is intact. We may very well already be in a recession... with YoY core PCE now at 4.6% and S&P 500 trading at \~19x, we should see stocks fall another 20% by mid-October," Minerd said.
+
+**3. Jeff Gundlach (DoubleLine Capital founder): The credit market suggests both the economy and stock market are in trouble.**
+
+"The action of the credit market is consistent with economic weakness and stock market trouble. I think you have to start becoming more bearish," Gundlach said on Tuesday, adding that he agrees with Scott Minerd's call that stocks can fall 20% soon.
+
+"You always want to own stocks, but I'm a little on the lighter side...buy long-term Treasurys, because the deflation risk — in spite of the fact that the narrative today is exactly the opposite — the deflation risk is much higher today that it's been for the past two years," Gundlach said. Gundlach believes the Fed should hike interest rates by just 25 basis points next week.
+
+# The Bulls
+
+**1. Tom Lee (Fundstrat founder): Inflation has already peaked and that means you should buy stocks.**
+
+"Even for those in the 'inflationista' camp or even the 'we are in a long-term bear' camp, the fact is, if headline CPI has peaked, the June 2022 equity lows should be durable," Lee said on Friday.
+
+August's higher-than-expected CPI report "does not mean stocks have to break below the June lows," Lee said, as he reiterated his view that S&P 500 will rally more than 20% to new highs by year-end.
+
+**2. Jeremy Siegel (UPenn Wharton professor): Inflation is falling and whoever wanted to get out of stocks already has.**
+
+"It seems like everyone that wants to be out of the market is out, and everyone that wants to be tactical is short. Therefore the surprises are going to be to the upside... when everyone has sold, only the buyers are left, and the shorts are exposed," Siegel said on Monday.
+
+Siegel said if the Fed says rates will be higher for longer, "That would be a policy mistake. I think they're going to look at the economy, and I hope they understand what the statistics are and what on the ground inflation is."
+
+**3. Marko Kolanovic (JP Morgan Chief Global Strategist): The stock market will rally as inflation resolves itself.**
+
+"Given the lag it takes for rate hikes to work through the system, and with just one month before very important US elections, we believe it would be a mistake for the Fed to increase risk of a hawkish policy error and endanger market stability," Kolanovic said on Monday.
+
+"Our expectation that the global economy will stay out of recession, increasing fiscal stimulus, and still very low investor positioning and sentiment should thus continue to provide tailwinds for risky assets, despite the more hawkish central bank rhetoric recently," Kolanovic said.
+One of the things I see a lot of these gurus and content creators do is deeper than just selling 10k courses..
+
+They’re building networks and databases of people that are actively pursuing real estate.
+
+I find this to be interesting because I see them going about it the wrong way.
+
+They charge $10k for a course that’s full of repetitive content that’s all available for free on the internet when they should really be cultivating a community.
+
+If there’s one thing I’ve learned in the past few years on my journey of entrepreneurship it’s that **who you know is more important than how much you know.**
+
+Moral of the story: provide as much value to others as possible without charging them for it and you will be taken care of in the process.
+I am purchasing a duplex soon to househack and am concerned about the eviction moratorium. 
+
+I will be using a loan to buy the duplex.
+
+If the tenant stops paying what options would I have since eviction would not be possible?
+My wife and I talked and we agreed to sell our $600k house with a $3700/month mortgage and taxes. We are going to move into her grandmothers house for about $500/month and pay off med student loans and a car. Then actually save cash to buy a lot and build a much more cost effective house. Crazy part is we have only been in our house about a year. 
+
+We currently have about $130k medical school debt and about $30k debt from a car and a credit card while we were in fellowship. It’s amazing how fast that debt snowball builds. 
+
+I hope to see you guys on the other side. 
+
+
+[https://news.yahoo.com/ukraine-to-auction-war-bonds-to-fund-armed-forces-173623142.html](https://news.yahoo.com/ukraine-to-auction-war-bonds-to-fund-armed-forces-173623142.html)
+
+We should see if we can name some tanks or bombs if we buy enough bonds! 
+
+What would the Russian equivalent of Sum Ting Wong be?
+It is amazing to me that a country can pull the same stunt three times, and have it work every single time. China has "banned" crypto in different ways three separate times. In 2013, 2017 and now in 2021. They are doing this in order to manipulate prices downwards, for better buy in prices for themselves. 
+
+**If china really wanted to ban crypto they would have done so already. They have a massive vested interest due to their bitcoin miners, all they are doing right now is manipulating the price for a better entry point.**
+That’s it. That’s the post.
+
+Edit NEW LINK: I’ve locked myself in a GameStop bathroom and will report what I hear-
+
+https://www.reddit.com/r/Superstonk/comments/mngpnq/live_reporting_from_the_gamestop_bathroom_ive/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+- *Reddit*
+- *Quora*
+- *Wikipedia*
+- *Dropbox* 
+- *Spotify*
+- *Soundcloud*
+- *Gmail*
+- *Whatsapp*
+- *Telegram*
+- *Skype*
+- *BBC*
+- *Medium*
+- *Erotic Banana Eating*
+- *Time Travel*
+- *Bitcoin*
+
+Don’t worry you guys, Bitcoin is definitely in good company.
+With the ongoing price decline, I think the community needs a proper guide to quitting bitcoin.  May I also be so bold to suggest we link this in the sidebar?
+
+Step 1: Panic Sell:
+Quickly go to your exchange of choice (preferably one located in a country other than your own) and sell all your bitcoin.  Don't even risk owning the smallest fraction of a coin.  If you really want to commit to quitting, do it right and sell everything.
+
+Step 2: Seek Validation on Your Favorite Bitcoin Forum:
+It is simply not enough to sell all your bitcoin.  To ensure that you later don't have a "change of heart," it is required that you announce your departure.  Regular bitcoin users also like to see who is leaving, so it is important for you to tell them. You won't believe how much strangers on the Internet care!
+
+Step 3: Make Sure You Know Your Talking Points:
+People leaving bitcoin need to have a reason why.  Make sure you have one in your pocket especially during step 2.  Please choose one of these: "Price Volatility", "Centralized Mining", "Fixed Supply".
+
+Step 4: Enjoy the Freedom from Bitcoin Shackles
+i’m 14 and got my first job a couple weeks ago, i find it really hard to save my money and not just throw it on stuff i don’t need, (shoes, clothes food ect) any tips on how i can save? i make 19/hr 10hrs a week, if that means anything.
+"We couldn't be further away from a bubble, " says Cathie Wood, in a CNBC appearance, of the recent bearish sentiment, and short interest regarding ARK Invests actively managed ETFs.
+
+When asked what the message should be to the short community around ARK, Wood stated: "I don't think we are in a bubble, which is what I think many bears think we are." The areas which blew up back during the tech and telecom bubble are now beginning to flourish.
+
+Five of those areas, according to Wood, are DNA sequencing, robotics, energy storage, artificial intelligence, and blockchain technologies and they are barely off the ground Wood mentioned.
+
+Wood also continued to expand on her stance around deflationary pressures and how ARK believes the energy and financial sector along with the auto industry are in harm's way as they are all behind the innovation eight ball with the expansion of electric vehicles and digital wallets.
+
+s eekingalpha.com/news/3732402-cathie-wood-i-dont-think-we-are-in-a-bubble-which-is-what-i-think-many-bears-think-we-are
+Title says it all.  A month ago I was paying 13 cents a transaction and even that felt expensive.  Now, buying crypt of the necrodancer on steam(where I do most of my bitcoin shopping), I paid a 23 cent transaction fee.  So, are there any solutions in the pipeline or are users just going to take it?  Is there a better peer to peer network I should be looking at?  Etherium(sp?)?  Litecoin?  None of these have the network effect yet, but I could see myself moving if there was a better(more affordable) payment network.  How is this going to be the currency of the poor and unbanked if all the poor are ever paying is fees?
+I found £10 premium bond that a family member put down for me in April 1989. I’ve filled out a trace form for it and am waiting to hear back. 
+
+I realise it’s luck of the draw but I put in into a Premium Bond calculator online that uses statistics £10 over 5 years (the highest amount of years this calculator would go) and it said my chances of winning are likely NOTHING - the average luck. 
+
+I’m quite intrigued to see if there is even one win after all this time on just £10, or if the only thing to have happened is the £10 has lost on inflation 😅
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+Welcome to the **/r/EthTrader** Daily Discussion thread. The thread guidelines are as follows:
+***
+
+-  Discussion topics include but are not limited to general discussion, details related to events of the day, technical analysis, Ethereum Classic, and minor questions.  
+-  Important content should be posted as a separate thread.
+-  Be excellent to each other. 
+
+***
+
+Thank you in advance for your participation. Enjoy!
+
+I can’t be the only one. It’s the only thing I really hate about BTC right now. Texas, Miami, Ted Cruz, Lummis (who I really appreciate) seem to be using BTC as a political weapon. It’s making me think twice about talking with my Democrat friends and work colleagues about BTC. I can’t be the only one who feels this way.
+[Link to the article](https://theprint.in/opinion/like-it-or-not-future-of-indian-economy-will-have-to-be-built-on-services-not-manufacturing/590613/)
+
+The article is an opinion piece, but I was really peeved on reading it. It basically predicts our manufacturing sector will in-time go back to 1980s style insulated one. With services being the bulk of exports, economic growth.
+
+This would in-turn lead to a much quicker and deeper wealth inequality issue. Which will presumably have to be fixed by taxing the 'rich' white collar workers.
+
+As I think most of us here qualify in the 'rich' white collar worker box, what do you think of this.
+First off I know nowt about CC but with all the NFT/loopring speculation I've been reading up on gas fees etc and just why loopring is a game changer and I think RC's latest tweet is a reference to the super low gas fees that will equalise the NFT market and make them viable for all. 
+
+https://www.investopedia.com/terms/w/wei.asp 
+
+A wei is the smallest unit of Eeether- the coin used on the eth network. Imagine a world where fees are minscule for the trading of NFT's. That world is here and RC has it in his hands.
+
+Edit. As to being backwards something something about reverse compatibility but as I said I know diddly squat about these things.
+I have 4 credit cards.  I can’t apply for anymore.  My biggest one has a 24% APR unfortunately, and I’ve lowered the balance by $5500 in a year.  I’ve been making the minimum payment on the other 3 cards, two have $1500 balances, and one has $2000.   
+
+The big balance card is offering me a balance transfer promo, where the balance transfer APR will be 9.99% for the life of the balance.  The minimum payment each month amount will apply to the balance transfer balance, and then anything above and beyond the minimum will go towards the balance that accrues 24%
+
+I’d keep paying $500 a month, and then throw the payments I’ve been making towards the other 3 cards to the one card.  
+
+Does it make sense to do this?  The other 3 card interest rates are all above 20%.  Oh, and there is no balance transfer fee.  
+
+It will result in having a card with almost a $10,000 balance, which will psychologically suck, but I think it makes sense in the long run.
+# Part 1: Introduction
+
+Hello, you horrible lot. I am back to give you another dose of that sweet confirmation bias after generally positive feedback from my post yesterday describing [Market Tops & Distribution Days](https://www.reddit.com/r/Superstonk/comments/n0htur/the_end_is_near_market_tops_distribution_days/?utm_source=share&utm_medium=web2x&context=3).
+
+I am about to take this one or maybe even two steps further and try and link this all together even more! I'm telling ya after this; you're gonna be one jacked ape.
+
+# Part 2: A Critical Analysis
+
+Yesterday, you apes did what you did best. You picked some holes in my DD and asked some valuable questions, and I am not one to run away from tough questions, and I wanted to try and answer a couple.
+
+​
+
+>u/DinoDaDon27  
+>  
+>What is the more likely scenario; The market starts crashing while GME moons simultaneously? Or will the market see a deep dive first due to liquidations of other assets and then it will carry over to a large amount of short-covering for GME?
+
+​
+
+>u/CatoMulligan  
+>  
+>So what happens if the market has a correction or crashes before there is the MOASS? I know that with such a strong negative beta GME usually would trade contrary to the market, but what is the mechanism that would cause the GME price to go up while the rest of the market tanks? Would the tanking of the market result in widespread margin calls that would then trigger the squeeze?
+
+​
+
+I'm just going to park these questions here and get back to them very soon.
+
+# Part 3: Even More Evidence
+
+This short but sweet part aims to confirm that we will see a market crash in your ape minds. Yesterday I gave you one angle, but a smart ape does not only listen to a single voice of reason but multiple voices.
+
+To that end, I have compiled multiple data points using different forms of analysis to point towards a crash.
+
+**Some External Data:**
+
+[BlackRock CEO & Frothy Markets](https://www.cnbc.com/video/2021/04/19/market-feels-a-bit-frothy-says-blackrocks-rick-rieder.html)
+
+[Warren Buffett Indicator](https://www.currentmarketvaluation.com/models/buffett-indicator.php)
+
+[Michael Burry & The Market on a Knifes Edge](https://markets.businessinsider.com/news/stocks/big-short-michael-burry-warns-stock-market-huge-risk-crashing-2021-2-1030106969)
+
+[Sven Henrich on Margin Debt](https://www.reddit.com/r/Superstonk/comments/muol3n/margin_debt_is_also_mooning_northmantrader_gives/?utm_source=share&utm_medium=web2x&context=3)
+
+[FINRA Margin Debt Graph](https://www.reddit.com/r/Superstonk/comments/muvk7p/i_see_the_margin_debt_post_got_traction_so_ill/?utm_source=share&utm_medium=web2x&context=3)
+
+[Insider Transactions Ratio](https://www.reddit.com/r/Superstonk/comments/musoiz/i_believe_were_officially_in_the_end_game_now/?utm_source=share&utm_medium=web2x&context=3)
+
+**Edit 1:** [Shiller PE Ratio](https://www.multpl.com/shiller-pe)
+
+**Some Top-Notch DD with a Load More Links at the Bottom:**
+
+[Are We](https://www.reddit.com/r/Superstonk/comments/mtistc/are_we_headed_toward_a_hypeinduced_market_crash/?utm_source=share&utm_medium=web2x&context=3)[ Headed Toward a Hype-Induced Market Crash?](https://www.reddit.com/r/Superstonk/comments/mtistc/are_we_headed_toward_a_hypeinduced_market_crash/?utm_source=share&utm_medium=web2x&context=3)
+
+Now apes, if you have clicked every single link, looked at it all, both the links posted here and the links in the DD, and you still don't believe that the market is going to be a crash at some point, then you need to try this simple magic trick.
+
+1. Hit head on the wall 4 times
+2. Re-read everything
+
+Repeat until it works!
+
+# Part 4: What Next?
+
+Assuming you have all made it to this stage without too many concussions and that we are all in agreement that there will be a market crash at some point in the future (near future, hopefully!), then we may move to the next stage.
+
+In my ape-ish opinion, there are three potential ways that this is going to play out. Ranked from least likely (1) to most likely (3)
+
+1. Retail buying pressure increases, outside retailers FOMO in, hedge funds are margin called
+2. Daddy Cohen releases some game-changing news, acts as a huge catalyst, hedge funds are margin called.
+3. The market crashes, hedge funds are margin called
+
+This post will discuss outcome Number 3.
+
+# Part 5: The Basics
+
+Let's discuss the bread and butter of how hedge funds borrow cash to trade with.
+
+**Leverage:**
+
+​
+
+>Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone.  
+>  
+>Brokerage accounts allow the use of leverage through margin trading, where the broker provides the borrowed funds.  
+>  
+>Leverage, however, can amplify both profits as well as losses.
+
+[Investopedia Definition](https://www.investopedia.com/articles/forex/07/forex_leverage.asp)
+
+​
+
+[Leverage does not change the outcome.](https://preview.redd.it/56pol32z23w61.png?width=960&format=png&auto=webp&s=75c1077c1263b7ec4e224bab09ad947b9021238f)
+
+​
+
+**Margin call:**
+
+​
+
+>A margin call occurs when the value of an investor's [margin account](https://www.investopedia.com/terms/m/marginaccount.asp) falls below the broker's required amount. An investor's margin account contains securities bought with borrowed money (typically a combination of the investor's own money and money borrowed from the investor's broker). A margin call refers specifically to a broker's demand that an investor deposit additional money or securities into the account so that it is brought up to the minimum value, known as the [maintenance margin](https://www.investopedia.com/terms/m/maintenancemargin.asp).
+
+[Investopedia Definition](https://www.investopedia.com/terms/m/margincall.asp)
+
+​
+
+**Why this matters:**
+
+I like to keep speculation out of my DD as much as possible and enjoy working only with evidence. If we put these together, we get a very basic mechanism.
+
+1. Hedge funds are using leverage to increase potential profits
+2. Leverage can also amplify losses
+3. A margin call occurs when the value of a margin account decreases
+4. The value of a margin account will decrease because the value of the underlying securities have decreased (i.e. a market crash)
+
+Leverage + Market Crash = Margin Call
+
+# Part 6: Meet the Data
+
+So the critics among you will say, "yeah, well, good luck thinking that the hedge funds will be stupidly overleveraged to a point where they are extremely exposed". In response, I give you this:
+
+​
+
+[Leverage of up to 20:1?!](https://preview.redd.it/lkawo71z43w61.png?width=776&format=png&auto=webp&s=e0077911eee5b71561f1f447be7ea1591c6c9d44)
+
+Now I accept that in this case, this is extreme leverage, but the premise is the same, the leveraging caused a margin call which then sparked the sell-off of their stocks.
+
+**Edit 2: Average Hedge Fund Leverage**
+
+>As mentioned, hedge funds vary widely in their leverage practices. Some assets, such as certain kinds of derivatives and covered call options, are leveraged by their very nature and don't necessarily involve a huge debt position. It's not unusual for a hedge fund to be leveraged between 100 and 500 percent, however, depending on the asset class. Leverage up to 10 times is not unheard of, though that would mean that a 10 percent decline in the leveraged part of the investment portfolio would wipe out investors' equity altogether. A recent survey from the United Kingdom Financial Authority finds that the average hedge fund was leveraged about 2.5 times
+
+[Zacks Finance](https://finance.zacks.com/hedge-funds-borrow-lot-money-make-investments-1580.html)
+
+# Part 7: What Happens When a Fund is Margin Called
+
+The process as I understand it will happen as follows with thanks to u/OnlyGoesUp
+
+​
+
+>Day 1: HF (A) The end of the day close price is noted and margin requirements are calculated. (Example $400 close)  
+>  
+>Day 2: HF (A) The hedge fund now has to start closing failing short positions and will need to consider selling long positions (if they have any) to cover the cost of buying back shares at a rapidly increasing price. ( Example $1200 close)  
+>  
+>Day 3: HF (A), HF (B) and HF (C) Are now in a pickle and are all being margin called repeating day 2.  
+>  
+>This will go on and on until all hedge funds have been called or have voluntarily closed their shorts. When a margin call occurs, they each have up to 5 days to meet their own requirements from the initial call (and they will use as much of it as they can as they want to avoid a parabolic move up on day one).
+
+​
+
+[FINRA confirming this process](https://preview.redd.it/s9tsaa6673w61.jpg?width=745&format=pjpg&auto=webp&s=c8c47c216c3d6946e1e0930dcd926885142d01ae)
+
+[FINRA Sauce](https://www.finra.org/investors/learn-to-invest/advanced-investing/understanding-margin-accounts)
+
+# Part 8: Putting it all Together
+
+**\*SPECULATION TIME\***
+
+Until now, I have been working with evidence and facts - from this point onwards, this is my interpretation of the data that has been presented, including the order of events. This aims to answer the questions raised at the very start of this post.
+
+​
+
+1. We will see a market crash.
+2. The value of all of the hedge funds securities will decrease as the price of stocks decrease.
+3. This will inevitably lead to the margin call of overleveraged hedge funds.
+4. The margin call will cause overleveraged hedge funds securities to be sold, further decreasing the value of other hedge funds margin accounts, leading to further margin calls.
+5. The process repeats rippling through the markets until we reach the hedge funds short on Gamestop.
+6. The hedge funds short on Gamestop can no longer maintain their margin and become margin called so they MUST cover their short positions and buy back the stock.
+7. This causes a domino effect of margin calls, and the short squeeze begins.
+
+Hopefully, you will agree that very few jumps have been made during this speculation, and the thought process is logical and backed up by data.
+
+​
+
+# Just don't fucking dance.
+Wife and I are in FL and looking to buy a home on a river that is a short boat ride out to the ocean. My question is for those who live on a body of water, what are the unknown downsides besides higher insurance and higher maintenance costs like for a sea wall and dock?
+
+thanks
+Guten Tag to this global band of Apes! 👋🦍
+
+Apes, there is no doubt that the 4:1 split by stock dividend has had an impact.
+Just two days after the lowest German market volume I've ever seen (27 shares traded in 2 hours) we saw nearly 24k shares traded in the same time.
+Meanwhile, the rate of DRS attempts seems to have gone up significantly, though obviously there was quite a stir when Fidelity put the brakes on.
+While that seems to have been resolved, it is clear that many Apes see this as a final opportunity to get shares to safety.
+When the split by stock dividend hits, the shares held at ComputerShare will be safe from any broker dividend fuckery.
+Will your shares be among them?
+
+One thing seems to be certain: we are in uncharted territory for GME.
+The large upswing in price yesterday could be the result of investors buying on bullish news, or Shorts starting to flee for the exits.
+The after-hours downswing on low volume seems like manipulation, given how bullish the staffing announcement was.
+As we navigate these next few weeks, I once again implore you to steel yourself against the inevitable FUD that will be assaulting us.
+Much of it will be familiar and easily recognizable, but there will be new and unseen approaches deployed to hit us at this pivotal moment.
+
+Importantly, make a plan now for the actions you will take.
+If you are *ever* considering taking an action, ask yourself whether it is part of your pre-established plan.
+If it is according to your pre-established plan, then proceed according to your plan.
+If not, then stop.
+Very carefully consider the reasons behind your current state of mind.
+We are *all* susceptible to emotional manipulation, and it is the most effective tool that can be deployed against such a large community of individual investors.
+I cannot stress this enough.
+No matter how emotionally resilient you believe yourself to be, it will be incredibly difficult to regulate your emotional response to the MOASS FUD.
+
+Make your plan, now.
+Let it guide you, always.
+
+Today is Friday, July 8th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$128.51 / 126,24 €**  *(volume: 2631)*
+- 🟩 115 minutes in: $128.06 / 125,80 €  *(volume: 2380)*
+- 🟥 110 minutes in: $127.54 / 125,28 €  *(volume: 2320)*
+- 🟥 105 minutes in: $128.27 / 126,00 €  *(volume: 2276)*
+- 🟥 100 minutes in: $128.35 / 126,08 €  *(volume: 2262)*
+- 🟩 95 minutes in: $128.48 / 126,20 €  *(volume: 2262)*
+- 🟥 90 minutes in: $128.09 / 125,83 €  *(volume: 2262)*
+- 🟥 85 minutes in: $128.22 / 125,95 €  *(volume: 2238)*
+- 🟩 80 minutes in: $128.41 / 126,13 €  *(volume: 2169)*
+- 🟥 75 minutes in: $127.83 / 125,56 €  *(volume: 2003)*
+- 🟩 70 minutes in: $128.55 / 126,28 €  *(volume: 1986)*
+- 🟩 65 minutes in: $128.20 / 125,93 €  *(volume: 1815)*
+- 🟩 60 minutes in: $127.89 / 125,62 €  *(volume: 1805)*
+- 🟩 55 minutes in: $127.88 / 125,62 €  *(volume: 1744)*
+- 🟥 50 minutes in: $127.48 / 125,22 €  *(volume: 1734)*
+- 🟥 45 minutes in: $128.09 / 125,83 €  *(volume: 1450)*
+- 🟥 40 minutes in: $128.73 / 126,45 €  *(volume: 1393)*
+- 🟥 35 minutes in: $128.78 / 126,50 €  *(volume: 1379)*
+- 🟥 30 minutes in: $129.77 / 127,48 €  *(volume: 1068)*
+- 🟩 25 minutes in: $129.78 / 127,48 €  *(volume: 1027)*
+- 🟥 20 minutes in: $128.94 / 126,66 €  *(volume: 867)*
+- 🟥 15 minutes in: $128.96 / 126,68 €  *(volume: 792)*
+- 🟩 10 minutes in: $129.91 / 127,62 €  *(volume: 689)*
+- 🟥 5 minutes in: $129.83 / 127,53 €  *(volume: 649)*
+- 🟥 0 minutes in: $130.07 / 127,77 €  *(volume: 540)*
+- 🟩 US close price: $135.12 / 132,73 €   *($128.00 / 125,74 € 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 1.018. 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!
+
+
+So i basically trade SPY call spreads and straddles with hedge in vxx using various closing and opening strategies. All of the closing and opening rules are specific and there’s no room for errors there.
+
+I use options table calculator to test the spreads that i make, taking the bid and ask. I also account for IV by taking the standard deviations and converting into percentages when there are differences in IV.
+
+I’ve been working on this strategy for about 4 months now, and i cannot think of anything that might be wrong other than the assumption that i will be able to close my SPY spreads at certain levels of losses (even if i give room for it to run more than my loss threshold by quite a bit, profits of more than 250% will persist)
+
+I’m about to go ahead and start using this strategy in my live account, but i don’t want to lose money because there’s something out there that i didn’t take into consideration. Any suggestions would be appreciated.
+Over the last two weeks I’ve interacted with over 400 investors directly. It was a mix of educational chats, creating a videos, and discussing strategy/trades. Something I’ve noticed is that many traders don’t seem to understand what they’re trading for, what success looks like, and it’s no surprise that folks are having a hard time creating a plan to get there. 
+
+Investing is similar to any other life goal. We need to understand what success looks like (extremely individualized) then work our way back. How do we measure it? What’s the timeline? Is it challenging yet achievable? What’s the plan to make it happen?
+
+If you haven’t taken the time to truly define what you want to achieve with your investing career, you’ll likely wander aimlessly drifting between profitability. I know we joke about it but “doubling my account”,  “living off dividends”, “beating the market”, “being rich”, or “buying a car I’ve always wanted” are all superficial and add little context for you to model your trading plan after. 
+
+If you’re unsure how to develop a goal, reach out to the community. That’s what we’re here for. To support one another’s development. 
+
+Trade on!
+-Erik
+I thought this morning's interaction with my wife is reportable here.
+
+Quick background: I sold one of my companies last year for a few million dollars and continue to operate another one of my companies which pays me $2 to $3M per year.
+
+Here was this morning's conversation, nearly verbatim:
+
+Me: Looks like I just completed a deal with a customer where I'm going to get paid half in cash and half in equity for my upcoming consulting work. The founders have a solid track record and plan to sell within 2 to 3 years so it looks like in addition to getting paid about $100k per year we may get to cash out the equity piece for as much as $1M in 3 to 4 years.
+
+Wife: That's great honey. What's your schedule this morning calls-wise? Will you be able to make me scrambled eggs at some point?
+This post may or may not be r/fatFire, but it is trying to be part of the solution.
+
+I'm fatFIRE-d and my main "job" is managing my portfolio (which is fun and I like doing it myself). I have a bunch of investment-related questions that on their own are not great candidates for posts here on r/fatFIRE.
+
+Here are some sample questions I have:
+
+* What, if any, stock research services do you find valuable?
+
+* Does tracking experts on TipRanks have positive alpha?
+
+* Do fantasy stock markets like Motley Fool CAPS have any predictive power?
+
+* I'm interested in investing in land, who has made that work?
+
+* How easy is it to barter gold for other goods/services in practice?
+
+The best places I have found so far are:
+
+* bogleheads forums
+
+* SeekingAlpha
+
+* nuclearphynance
+
+* WSB (seriously, some of those guys know a lot)
+
+* Quantopian (sort of the opposite of WSB when you think about it)
+
+Are there other high signal to noise communities that people here would recommend?
+Some background of me and my financials:
+
+27 years old, single, located in the Bay Area, California who has always lived below my means.
+
+Current Money Breakdown:
+
+-$91,000 annual income;
+
+-$135k in my 401k;
+
+-$20k in Roth IRA, invested in target date index funds via Schwab;
+
+-$22k in brokerage account, invested in target date index funds;
+
+-$30k in a high yield savings account for emergency fund;
+
+
+I am about to receive an inheritance of $60,000 in cash. What is the best way to use this money and invest it?
+
+I have always invested money every month using dollar cost averaging after I paid off all of my loans. (On top of maxing out my 401k and IRA I have been investing $500-$1000 a month in my brokerage account) I’ve never come across this big of a chunk of cash all at once. Should I invest it all at once in target date index funds? Should I somehow spread it out and dollar cost average over 1-2 years? Is there anything you suggest I should invest in?
+
+My goal right now is to set myself up with investments while I’m still young, so I can “coast FIRE”.
+
+Thanks!
+I'm 17 and got my first job a while back and will be getting my first paycheck soon. I make $12.50 an hour and I don't know how much is going to he taken out in taxes, but I have a vague idea.
+
+My plan was to put 20% of what I get into a savings account I have. 
+
+Is that a good amount to put in?
+good day everyone. my current plan for next year is to dollar cost average my way to $6000 which is the most you can contribute to an ira in a year but by doing so leaves me with no money to do general investing because my take home salary (after taxes) is not a lot. im at the bottom of the tax bracket. and im afraid that if i focus too much on my ira, i will not be able to grow my wealth right now and i will be missing out on a lot of great things that could happen in the market. i can’t start side hustles because of school. so do i have to max out my roth ira while im still young. i am thinking of using half of the budget for general investing. i would like to know your opinions. ty!!
+One of Us!  One of Us!  
+
+​
+
+Link:  [https://www.reuters.com/article/us-tyson-foods-beyond-meat-idUSKCN1S026U](https://www.reuters.com/article/us-tyson-foods-beyond-meat-idUSKCN1S026U)
+$BBBY is still on reg sho right? and is listed as being shorted 102%. The announcement an hour ago stated that $BBBY most likely isn't going bankrupt within the next year. Or did everyone think they were putting money into a towel company that burns cash because of fundamentals lol. Share offering is less than 2%. How is this not bullish when you take emotions out?
+
+I remember last week everyone was hyped as long as they: had a loan secured, with no imminent bankruptcy one week ago.
+
+No bankruptcy = squeeze 
+
+Please let me know why I'm wrong. I want opinions that challenge my train of thought.
+Hi everyone,
+
+Yes, I know this is a very newbie question, but I'm curious how long it personally took you to make $1,000 per month doing real estate investment. I'm brand new to the game. My overall goal is to become a digital nomad and live in cheaper countries using my real estate investment. I know $1,000 isn't enough, but it's a start.
+
+In your experience - or even a guess - how long did it take you to earn $1,000 a month? I won't be doing commercial real estate, but rather owning residential properties.
+Im closing on a 4 unit property in Chicago's New City area. It has a $254,602 purchase price. 4,25% interest over 30 year fixed rate and $0 down payment. The cap rate is at 10% owner and pays the mortgage plus utilities owner occupied, or 15% cap fully rented.
+
+
+
+
+This will be my first leap into real estate and I want to make it count. I've been reading this page and been looking for awhile for a good entry point. I think is pretty good numbers-wise. I have passed up a few properties before this one and I don't want to keep throwing opportunities away. I would like to hear opinions.
+Hi everyone,
+
+Yes, I know this is a very newbie question, but I'm curious how long it personally took you to make $1,000 per month doing real estate investment. I'm brand new to the game. My overall goal is to become a digital nomad and live in cheaper countries using my real estate investment. I know $1,000 isn't enough, but it's a start.
+
+In your experience - or even a guess - how long did it take you to earn $1,000 a month? I won't be doing commercial real estate, but rather owning residential properties.
+Erik Voorhees signed the following  statement:
+
+> Some exchanges intend to list BTU and all of us will try to take steps to preserve and enable access to customers' BTU. However, none of the undersigned can list BTU unless we can run both chains independently without incident. Consequently, we insist that the Bitcoin Unlimited community (**or any other consensus breaking implementation**) build in strong two-way replay protection. Failure to do so will impede our ability to preserve BTU for customers and will either delay or outright preclude the listing of BTU.
+
+Source: https://www.bitfinex.com/bitcoin_hardfork_statement
+
+After committing to this key safety feature, of strong to way replay protection, he has now backed out of the agreement.  Erik now supports 2x, which does not include strong replay two-way replay protection.  Erik then tried to twist the meaning of words saying 2x was not "consensus breaking", since it has consensus.  This is clearly not what the commitment means, it uses the words consensus to mean consensus rules, not "community consensus".   Besides, there is not community consensus for 2x anyway, saying so is arrogant.
+
+Erik cannot face up to the truth, so decided to block me on Twitter instead.
+
+Does Voorhee's word mean nothing?
+Went to the bank to deposit my check so I can yolo it on some DD calls. Started talking to the guy at the bank about stocks and what not. He asked where he can get some good advice for investing. I said WSB on reddit. Never heard someone laugh so hard in a mask since the pandemic started. My bank teller now knows I’m a retard thanks you lovely dick heads.
+I've been developing a few strategies but one of the problems I've come across is how to compare them to one another.
+
+Edit: also if this question has been asked before it would be great to see some of their comments
+Seeing countless posts that Gamestop will be crashing with the market.
+
+Welcome to this weekends FUD campain. Let me explain why this is bullsh*t:
+
+1. Gamestop is the perfect hedge because Apes own the float and Apes don't have margin pressure.
+On Friday Gamestop decreased because of shorting, not because the whole market bled.
+
+"The whole market is going down that is why Gamestop is also bleeding" saying is FUD!
+
+They might need to short it further as the market crashes (to reduce margin pressure) but with every new short they create additional margin pressure, once they need to role or cover ETF or options exposure.
+
+Correlation does not mean causation!
+They use the market crash topic to continue shorting.
+
+2. A market crash has the potential to force shorts to close. Easy as it is. A failed margin call can be the beginning of the MOASS
+
+3. Rollover period: We know that they still have to roll to avoid fail to delivers in the millions of shares. As Gherkinit and other speculated they might even need to cover their options and ETF exposure (which they did not last week) on Monday.
+
+
+Gamestops share price declines only in two cases: 
+1. Retail sells which is not happening
+2. Marketmakers and Short hedgefunds short more and can avoid buying.
+
+They are a few institution long, but without proof of them selling additional shares saying that they cause a bleed is also FUD.
+
+TL;DR:
+Any "the market is crashing that is why Gamestop is crashing" with it is bullshit, because apes sit on the long site of this stock. A stock is not "just crashing". There is always a short sell or real sell necessary (or some sort of forbidden darkpool fuckery with a small volume of shorted shares)
+
+PS: and turning the buy button off, was, based on the true reasons, illegal, not legal.
+
+Edit: I am not saying Gamestop will only go up or give you any date. I simply don't know. What I am saying is that "the market goes down must mean that GME goes down" is not a valid reasoning in my opinion
+Link to original post: https://www.reddit.com/r/personalfinance/comments/l8n4so/should_i_tell_cc_company_to_deny_payment_to_att/
+
+I updated the original thread but I felt this was worth another post, in case it helps anyone else.
+
+The BBB was awesome. After almost 3 months of AT&T giving me the runaround and telling me basically where I could stick it, 20 minutes making a complaint to the BBB solved it. I submitted my complaint Sunday evening, Monday afternoon I had 2 people from the AT&T Presidents office call me apologizing profusely and assuring me the promoton will be shown on my next billing statement, as agreed upon by the original store. 
+
+Moral of the story - I had no idea the BBB was so effective. Thanks to this forum for all the help, you beautiful people saved me $1,000. 
+
+Thanks everyone!!!
+In a nutshell, I may be offered a job where being a contractor is the easiest route - foreign company with UK subsidiary. Per the CEO, contractor would be best to "start."
+
+Of course, not an employee = no benefits. A while back, I asked US redditors what benefits are worth. The consensus was around $30,000/a year. Given US healthcare costs, I imagine the figure is lower in the UK.
+
+The offered salary is £60-90k DOE. I'm aiming for higher end, hoping to leverage the contractor setup to negotiate.
+
+**How much are benefits worth?** Basically, by how much could I "ask for more" on account of no benefits?
+
+So far, in my head:  
+Holidays, about 1/12th of the salary  
+Health insurance  
+Pension, 5% of the salary  
+Sick days  
+Not fussed about wellness crap
+I would love some examples of what people have used their EF for recently. Since I found this sub a 2 years ago, I've followed the steps religiously and built up 6 months worth in an easy to access account, but I haven't had to use it yet (which is fantastic, don't get me wrong) but it feels like it's just money sitting there.
+
+Hearing other people's experience might be helpful!
+So I started on Robinhood and yolod some puts during the great recession of 2020 and turned $100 into $1500 and then deposited $2500 more in and made like $500 more. I then  proceeded to brag about all of this to my family. My dad thought I was some sort of genius stock prodigy. So he told me (a 19 year old University student): "here's my $200000 E-Trade account with my retirement funds, I want you to daytrade no more than $6000 a day, $20000 in weekly spreads, and leave the rest in stocks. Take advantage of the market recovery." What he doesn't know is that two weeks after I made that money on Robinhood is that I lost everything on more spy puts and I now have $100 left on my Robinhood account to pay for my Netflix subscription... I also already spent $1000 on a Samsung S20 before I lost, which I never pulled the money out for... Lol. 
+
+So here I am now trying to make up for the losses my dad made stupidly by himself on his E-Trade account and I still don't know what I'm doing...
+
+Someone give me a $20000 yolo play
+
+Proof of current E-Trade positions: Ready to become homeless https://imgur.com/gallery/O8mmrWM
+
+Wins: (Around half of spy gains are from daytrades/weeklies) Lucky shit https://imgur.com/gallery/1NuBYtf
+
+Losses: (ADRE shares losses are all my dad's) Guh 2.0 https://imgur.com/gallery/IT6oxzp
+
+Proof Robinhood is a shitty broker and the reason I lost 2.8k: Guh https://imgur.com/gallery/KWtWyh3
+
+Edit: I've already been trading with his acc for like 3 weeks now, forgot to mention that
+I just wanted to thank everyone here as Ive been stalking this Reddit and following the advice in here. I officially now have 72 dollars in my savings for an emergency fund and that's just in the last 2 weeks. Next up is squeezing more money out of other places I didn't think it could be and try and have double that amount in savings by the end of the month!
+I was the victim of identity theft earlier in the year. Annoying for sure but everything got resolved and through each US bureau I placed an active alert and credit freeze since I'm still out of America for the forseeable future. Flash forward to today as my heart skips a beat getting an Experian email that a new account opened through Fortiva. What the absolute fuck? Please provide clarity, are credit freezes even valid if these scummy pieces of shit can still open accounts through scummy agencies? What else can I do to prevent this? Police reports don't even seem a viable option considering I have no US locality to report to!
+**TLDR: GME has been sitting below the delta neutral line for almost two weeks now, and the delta neutral is holding steady at $183, indicating the options mix does NOT support the current drop in price. Pressure is currently building, meaning changes to the underlying price will have unusually high changes in purchasing patterns due to hedging against those sold options. The point with the highest change in purchasing due to hedging has dropped to $205, and COULD setup a nice surge situation.** 
+
+​
+
+​
+
+ My work is built on the idea that the market is largely unpredictable, but one particular kind of behavior is certain - hedgies gonna hedge. It's written into their algorithms. Specifically, they like to delta hedge and gamma hedge. This work tries to profit on this one particular type of buying/selling behavior, and works well for giving guardrails for stocks with high options volume relative to the underlying equity volume. 
+
+I have a slightly new look for the graph below, so I could layer on the total market delta sensitivity test at the bottom to help explain what's happening. This graph contains the following:
+
+* Underlying GME Close (Blue)
+* Options Indicators
+   * Total maximum gamma (red) - point with the highest total market gamma across all open contracts. This indicates the point where a 1% increase in the underlying price would result in the highest change in the total market delta, indicating the point where a change in price would result in the highest buying / selling of the underlying stock due to hedgers hedging. 
+      * As you can see, this point generally acts like a market ceiling, but fun things happen with the price surges past. 
+   * Delta neutral (grey) - point where the total market delta is zero across all open contracts. This indicates the equilibrium of the call / put options based on the current mix of options contracts. 
+      * As you can see, this point generally acts like a market floor. However, the price does go below it occasionally, and the underlying behaves differently when that happens. 
+* Total Market Delta Sensitivity Test
+   * Change in the total market delta with a 5% increase in the underlying price (green)
+   * Change in the total market delta with a 5% decrease in the underlying price (orange)
+
+​
+
+[GME 1\/4\/2021 - 10\/7\/2021](https://preview.redd.it/u5ys4bf1c9s71.png?width=910&format=png&auto=webp&s=f61e2daab68dcf4096eedd63815576c6cb93382f)
+
+Here are the key points I want you to take away from this:
+
+* Right now, the underlying has been below the delta neutral for almost two weeks, but the delta neutral point has not decreased with the underlying, like it did back in June/July. **This indicates that the current options mix is NOT supporting the decrease in the underlying price.** 
+* So this means that call / put buyers have not changed their purchasing patterns in the last two weeks, or have not sold off their existing contracts. 
+* As a result, the total market delta sensitivity test is starting to climb, so the impact of delta hedging on the underlying volume is increasing. For example, if the the options mix hasn't changed, and all those call buyers are still holding onto their contracts at $190 / $200, then as the underlying increases, hedge funds will have to start buying the underlying stock to hedge at an unusually high rate. 
+* Right now, a 5% increase in the underlying price would result in a 75% increase in purchasing due to hedging! 
+* The sensitivity test at the bottom of the graph shows this unusually high impact of purchasing volume occurs BEFORE surges, and when the price drops below the delta neutral. This is what I mean when I say that pressure builds up when the price drops below the delta neutral. 
+* The gamma maximum indicates the point where a 1% increase in the underlying price would result in the highest change in the total market delta, indicating the point where a change in price would result in the highest buying / selling of the underlying stock due to hedgers hedging.
+* Right now the delta neutral is sitting pretty at $183. The gamma maximum has dropped to $205. SO! If we get a increase in the underlying price, then that should lead to an unusually high increase in buying pressure, which COULD translate into a price increase. If we surge past the gamma maximum (like we did back at the end of August), then this COULD translate into a gamma squeeze (like January). 
+* If that happens, then we could be looking at a sweet squeezy squeezy, lemon peezy. 
+
+Here are the graphs you're used to seeing if this is more to your taste: 
+
+​
+
+​
+
+[GME 1\/4\/2021 - 10\/7\/2021](https://preview.redd.it/codg2r2qi9s71.png?width=910&format=png&auto=webp&s=3016528b504e6b237720733b7dc4b7aaadbf660f)
+
+​
+
+Log-based 10 view, so you can see the 2020 values and the gamma neutral spikes. Aren't they pretty??
+
+[GME 2\/4\/2020 - 10\/7\/2021](https://preview.redd.it/uspywjlvi9s71.png?width=910&format=png&auto=webp&s=3b6f5084100273d3a4968cba4cdc8b563abd3962)
+
+Frequently Asked Questions or Comments:
+
+* Technical indicators don't work on GME because it's a conspiracy, man. 
+   * That's a perfectly find opinion to have, and I respect it. My work tries to add some rhyme / reason to market movements, and my work still indicates to me that there is some method to the GME madness.
+* Where can I get these indicators / analysis, or how do you make this?
+   * I make these indicators for all optionable stocks using options data feeds, Matlab and Excel. I use it for my own trading purposes. As far as I know, they aren't available elsewhere.  I have a methodology / assumptions section at the bottom if you want to know more. 
+   * I'm always happy to send anyone graphs for any particular stock they're interested in. Just shoot me a message, and bug me if I don't respond in a day or two. 
+* GME didn't do what you said it would. Is your model wrong?
+   * Always possible my model is wrong, and I'm always working to improve it. However, I will continue to emphasize that I'm only working in probabilities, and nothing is certain in the stock market. I think the scenario laid out in this post is the highest probability scenario. 
+* Gamma is always positive, so you can't have a gamma neutral. 
+   * It's true gamma factors are always positive, but when you make a total market gamma, or total portfolio gamma, you add call gamma and subtract put gamma. This is what I'm doing in my work. 
+* Don't be so cranky.
+   * I'm working on it. 
+
+​
+
+ **TLDR - 2nd note... for some reason you dumb dumbs can never find it if it's in one place. One more copy to go down below... GME has been sitting below the delta neutral line for almost two weeks now, and the delta neutral is holding steady at $183, indicating the options mix does NOT support the current drop in price. Pressure is currently building, meaning changes to the underlying price will have unusually high changes in purchasing patterns due to hedging against those sold options. The point with the highest change in purchasing due to hedging has dropped to $205, and COULD setup a nice surge situation.** 
+
+***Methodology and Assumptions***
+
+**Delta Neutral**
+
+The Delta Neutral price that creates a total market delta of 0 across all GME options (all expiration dates) for a given date. It can also be though of as the intersection of a supply/demand curve for hedged stocks. See the "Methodology and Assumptions" section for full detail on how I develop this indicator.
+
+Notes below for general options on how the delta neutral interacts with the underlying price:
+
+* There is a large influx of call option purchases, because:  
+
+   * The call prices get less expensive as the underlying price approaches the delta neutral
+   * Stock prices usually rebound/revert back to the mean after large crashes, so the price often rebounds anyways.
+* With the large influx of call volume, market makers have to start buying stocks to delta hedge, which turns the price back around and creates an upward trajectory.  
+
+   * Important note that hedgies often hedge with derivatives instead of buying stocks, so there isn't a 1-to-1 relationship between the delta and shares bought/sold by hedge funds.
+* Historically, you can see that GME often bounces off the delta neutral prices during drops. The exception is the February drop. When the underlying goes below the delta neutral price, a lot of pressure builds up that results in a significant increase when that pressure is released.  
+
+   * Note this is the primary way that I trade my model. I made a scanner that looks for equities that fall below the delta neutral.
+
+**Gamma Neutral**
+
+The Gamma Neutral price that creates a total market gamma of 0 across all GME options (all expiration dates) for a given date. See the "Methodology and Assumptions" section for full detail on how I develop this indicator.
+
+General notes below for observations on how this indicator behaves:
+
+* It acts like support/resistance between the delta neutral and the underlying, and typically bounces around between the two prices for most symbols (like we have seen with GME since April).
+* It also goes crazy in periods of high volatility, as you can see by the very higher spikes.
+* A gamma spike indicates the presence of POTENTAILLY slippery option market conditions, which COULD lead to a gamma squeeze. There were certainly spikes present back in January, but we had a few one-day false starts this last month.
+* They are often triggered by high price movement in a day, which can lead to continue high growth if underlying volume supports it.
+* Gamma spikes can also be triggered by unusual options purchases during the day. These are the one ones to find, because you can often catch the high increase waves before they actually start.
+* If I'm trading this indicator, I often either wait for a gamma spike to continue for 2 days in a row and supported by increased volume. Otherwise, I invest straight away if I find a gamma spike just based on options movement (i.e. no significant underlying increase yet).
+
+I write my own algorithms to produce the results above. The following lists some key methodology and assumptions I use:
+
+* I rely on daily options and stock summaries produced by [www.historicaloptionsdata.com](http://www.historicaloptionsdata.com/)
+* For the Implied Volatility (IV), I use the following method:  
+
+   * Calculate the raw IV of the mid-point between bid/ask price at close.
+   * Calculate a “blend” IV, which represents the IV where the call/put parity holds, i.e. where call delta – put delta = 1, using the same IV.
+   * Smooth the mid-point call/put and blend IV using a gaussian smoothing algorithm with a 20-strike window.
+   * Apply the smoothed call/put relativities to the smoothed blended IV curve
+   * Fill any missing values with a linear interpolation of the neighboring strikes.
+* Using the final call/put IV estimates described above, I calculate my own Greeks. I like this source if you're interested in the formulas: [https://www.macroption.com/option-greeks-excel](https://www.macroption.com/option-greeks-excel)
+* For the total market delta and total market gamma, I rely on the OI x delta and OI x gamma for each strike price.  
+
+   * Note that the delta of a call is usually equal to (1 - put delta), so not adjustment is needed to the delta signs when calculating the total market delta.
+   * However, the call/put gammas are both positive based on the B-S calculation. If you're calculating the total gamma for a portfolio, or the total market, you have to add the call gamma and subtract the put gamma.
+* To estimate the delta neutral and the gamma neutral, I have an algorithm that relies on the optimization toolbox in Matlab to identify an underlying price that achieve a total market delta and a total market gamma.
+* Note that the IV would change with higher/lower prices for the delta/gamma neutral and the sensitivity tests, but the impact is not significant enough to make a meaningful difference and takes significant processing time to apply the IV curves. However, it is an important simplifying assumption to be aware of.
+* Open Interest (OI) is always lagged one day for options summaries. The OCC releases final open interest on a given day, and it represents the OI for the close of the prior day. Therefore, the OI I get in my summaries on 6/28 does not represent the OI as of close on 6/28. It represents the OI as of close on 6/25. If you see a source like Yahoo give live OI throughout the day, they are only estimates, and their algorithm methodology for estimating the OI based on various price/volume movement is a closely guarded secret. Using the prior day OI is currently a limitation of the data available to me.
+
+​
+
+ **TLDR - 3rd note...hopefully you have found this TLDR by now... If not... then... ugh... GME has been sitting below the delta neutral line for almost two weeks now, and the delta neutral is holding steady at $183, indicating the options mix does NOT support the current drop in price. Pressure is currently building, meaning changes to the underlying price will have unusually high changes in purchasing patterns due to hedging against those sold options. The point with the highest change in purchasing due to hedging has dropped to $205, and COULD setup a nice surge situation.**
+A supreme example of how the general principles can be applied is the case of Sir William Burrell, who inherited the family steamship company in the late nineteenth century and ran it with such success that he was able to retire relatively young and devote the rest of his life to collecting artefacts which are now housed in the Burrell Museum in Glasgow. He made an enormous amount of money out of shipping. How? The following is an extract from a letter written by the eminent Scottish architect Sir Robert Lorimer to an Australian friend in January 1902.
+
+*His \[Sir William Burrell’s\] scheme is really the nimblest I’ve ever struck. He sells his fleet when there is the periodical boom and then puts his money into 3 per cent stock and lies back until things are absolutely in the gutter – soup kitchen times – everyone starving for a job. He then goes like a roaring lion. Orders a dozen steamers in a week, gets them built at rock bottom prices, less than half what they’d have cost him last year. Then by the time they’re delivered to him things have begun to improve a little bit and there he is ready with a tip top fleet of brand new steamers and owing to the cheap rate he’s had them built at, ready to carry cheaper than anybody. Sounds like a game anyone could play at but none of them have the pluck to do it. They simply sit and look at him ‘making money like slate stones’ as he expresses it.*
+Meridian Network has released the beta of PreSaga, its new automated market maker (AMM)-based prediction market dApp, with a simple Yes/No button on *any* question.
+
+Check the preview here: [https://streamable.com/7sab33](https://streamable.com/7sab33)  
+Beta link: [https://presagabeta.meridian-network.co/](https://presagabeta.meridian-network.co/)
+
+# Quick facts
+
+* Trade Yes/No shares and **make profit in LOCK**, providing liquidity gets one eligibility to **claim trade fees**.
+* PreSaga beta is now live on the **Rinkeby testnet**.
+* **SUPER low-mcap token**: With marketing efforts for PreSaga kicking off soon, Meridian Network’s LOCK token has a mcap of **$1.3M**.
+* **Comparable prediction market platforms**: -  (None of which have PreSaga’s ease of use.)
+   * Augur: $208m
+   * Gnosis: $166m
+   * Prosper: $117m (recently launched on BSC)  
+
+* PreSaga’s smart contract code has been thoroughly **audited by Hacken**, and now Meridian Network is seeking user feedback from testers to ensure that PreSaga is as user-friendly and functional as possible before mainnet release.
+* Meridian is preparing to launch their test token faucet (LOCKr), which will facilitate easy testing. For now, testers must request LOCKr from an admin within Meridian’s official Telegram chat: https://t.me/meridiannetwork
+
+​
+
+# PreSaga
+
+Analysts have placed their bets on **prediction markets** being among the breakout crypto applications of 2021-2022. Interest in this category of dApps has been ramping up, with Vitalik Buterin calling prediction markets **“one of the most underrated categories of Ethereum dApps right now.”**
+
+Responding to the market, Meridian’s community voted to create its own solution. In a key difference from competing projects, PreSaga was developed with **simplicity**, **ease-of-use**, and a best-in-class **user experience** in mind. By leveraging AMM (logarithmic market scoring rule) tech, Meridian has developed the **Uniswap of prediction markets**—something that anyone can use, crypto-savvy or not.
+
+PreSaga is **powered exclusively by Meridian’s LOCK token,** which can be purchased here [https://app.uniswap.org/#/swap?outputCurrency=0x95172ccBe8344fecD73D0a30F54123652981BD6F](https://app.uniswap.org/#/swap?outputCurrency=0x95172ccBe8344fecD73D0a30F54123652981BD6F).
+
+LOCK will also power all of **Meridian’s upcoming dApps** as more are developed within the Meridian ecosystem. This means that, in addition to earning LOCK via predictions and providing liquidity, the value of the token can be continually driven up by usage of both PreSaga and Meridian’s other applications.
+
+​
+
+# How it Works
+
+The price of a share in a given market is determined by the Automated Market Maker (AMM) that facilitates the trades. An Automated Market Maker is a contract on the blockchain that uses a mathematical model to adjust the prices according to supply and demand. This is what drives the price up and down: the more people buy an outcome in a market, the more its price will rise. Selling will make the price drop. Furthermore, the less liquidity there is, the more the price responds to buy/sell operations. This is undesirable because it results in bigger slippage and poorer user experience.
+
+You can trade shares back at a better price and make a profit, or you can redeem winning shares for 1 LOCK each. After a market closes, an outcome will be assigned as the winner. If you have shares of the winning outcome, these can be redeemed for exactly 1 LOCK each. This is how you profit from accurate predictions.
+
+Share price is set between 0 LOCK and 1 LOCK. You redeem at 1 LOCK per share. For example, if you buy 100 shares at an average of 0.63 LOCK each and you win, you will redeem these 100 shares for 100 LOCK in total, scoring a revenue of 0.37 LOCK per share. Easy!
+
+Liquidity is yet another way you can profit with PreSaga, but it is recommended that you explore trading first and then begin experimenting with liquidity. This is an advanced feature. Because there is the risk of losing tokens when providing liquidity, users who provide liquidity to a market maker are entitled to a fee every subsequent buy/sell transaction in that market. You can lose tokens when the price starts to skew too much to one side so it is very important that you remove liquidity if a prediction market becomes one-sided. You will learn more about liquidity as you use PreSaga.
+
+Now that you know a little more about the dApp, let’s explore how you can test it out, yourself.
+
+​
+
+# How You Can Test PreSaga
+
+Once Meridian onlines their LOCKr (test token) faucet, you’ll be able to head directly to[ Meridian Network’s website](https://meridian-network.co/), select PreSaga from the main menu, and begin testing. But until then, you can follow these steps to get started from your desktop or laptop, (mobile is still in development).
+
+1. Head on over to Meridian’s official Telegram channel at[ https://t.me/meridiannetwork](https://t.me/meridiannetwork).
+2. Ask for an admin to send you test LOCKr and ETH for PreSaga testing. Official admins are: u/SandyBees, u/notmuchwbu and u/Drjtotherescue.
+3. Within Metamask (or similar application), select the RINKEBY TEST NETWORK.
+4. Head over to Meridian’s[ PreSaga website](https://presagabeta.meridian-network.co/) and select “Connect” in the upper right to connect your wallet to PreSaga on the Rinkeby testnet. If you attempt to connect to PreSaga beta while on the mainnet, you will receive a warning pop-up.
+5. Get testing on any of the four currently-open test markets, or try adding liquidity. If you require assistance, a moderator in Meridian’s Telegram group will be happy to assist you. Have fun!
+
+​
+
+# Project background
+
+Meridian Network is a budding ecosystem of DApps. In addition to PreSaga, you’ll soon be able to choose from multiple cryptocurrency finance options from Meridian, all in one place.
+
+As a community-governed project, all development is voted on by the community through a DAO (Decentralized Autonomous Organization). Rather than focusing on a single DApp, Meridian is able to adapt to the market through the initiatives of its active user base. Every new DApp that is developed adds to the value of Meridian’s LOCK token, giving investors impetus to not only vote, but to inform themselves on market trends before they do so.
+
+Meridian Network is still early in development. Current market cap, as of today, is **$1.3M**. Circulating supply of the LOCK token is **10,947,704**.
+
+You can **buy LOCK** via **Uniswap** and on the upcoming exchange, [**Bartertrade**](https://bartertrade.io/).
+
+**Links and essential info:**
+
+Website:[ https://meridian-network.co/](https://meridian-network.co/)
+
+Telegram:[ https://t.me/meridiannetwork](https://t.me/meridiannetwork)
+
+Twitter:[ https://twitter.com/networkmeridian](https://twitter.com/networkmeridian)
+
+Etherscan:[ https://etherscan.io/token/0x95172ccBe8344fecD73D0a30F54123652981BD6F](https://etherscan.io/token/0x95172ccBe8344fecD73D0a30F54123652981BD6F)
+I bought my house in 2013. In 2016 I relocated out of state for work, and have been renting my house out ever since. Even with a property manager sometimes I still get stressed being a landlord, so I've been considering selling the property.
+
+Market value is around $550k, with a remaining loan of $60k. Monthly rent is $1800.
+
+The appreciation has been great. I have positive cash flow, but I'm not leveraging my money much at all (disappointing with interest rates still relatively low), and that doesn't take into account vacancies or repairs (spent $15k on AC units a couple years ago!). I didn't increase rent last year in order to retain the current tenants. Also seems like the rental rates are lagging housing prices, so hopefully rent could be increased more in the future. 
+
+The majority of my investments are in the stock market, so it's nice having this rental property to diversify. I thought about doing a 1031 exchange, but I'm not sure that would resolve any stress issues still being a landlord, so I'd probably end up just paying the capital gains tax and putting the money in the stock market. 
+
+From other posts that I've read about properties in Austin, the market is expected to remain hot, and there is a resounding "do not sell". I'm just trying to convince myself whether or not that this is a good investment and it's worth the added stress.
+I am trying to buy a piece of land in an area where land rarely goes up for sale (\~6 hours drive from us). There is one sale every \~1-2 years in the immediate area for equivalent pieces of land.  
+
+The land in question was listed for sale today. Asking price is 2.25M. 
+
+The people who own it purchased it for 950k in 2016 (they overpaid based on comps by about 50-100k). It has a small (non-liveable) home on it in addition to a tear-down barn. The value is in the acreage.
+
+When people do comps on the land, about half of the comps are other sales that are \~30-40 miles south of this land. Land value in this area has been stagnant for about 10 years with comps over that 10 years showing this. There are 2 comps from the last 2 years in the immediate area that can be used to justify a value of closer to 700k - with comps further away justifying a price closer to 900k. Immediate area land is not able to be used as farmland - the land 30-40 miles away is farmland.
+
+We would pay over market value for this land, but not substantially so.
+
+**What is the best route to go about getting this land at market value?** 
+
+It was just listed today - and there is absolutely no way it will sell for close to ask - so I am not opposed to waiting quite some time before approaching them. 
+
+**Current plan (please tell me if there is a better approach):** 
+
+1 - Wait until the property has been listed 90+ days and approach the seller's agent. 
+
+2 - Look at the property - and ask for comps. The comps that come back (I am familiar with all of them) will either be in the 750-900k range - or will be in the 2m range and have homes on them worth 1m+. 
+
+3 - Make an offer of approx. 900k (with plans to negotiate up to 1m). Justify this offer with comps and put a timeline of \~1 week on the offer.
+
+**All advice is appreciated!**
+So I have a friend who lives in Spain and his girlfriend worked in the US for 3 months in 2018. During that time she filed her taxes. Yesterday she and 60 other Spanish citizens in the same program as her received $1200 in their US bank account. This shit show was so rushed and we’re slowly going to find out how little of the money truly helped our economy. 
+
+TLDR: checks going out to everyone in the world and their mom, SPY -69p 4/20
+I make about $2300 weekly being a barber. I’m incredibly lucky. I’m 1099 and have an LLC and business account. My monthly bills are about $1200ish and I don’t really spend money that much. Right now I’m paying myself $450 a week and it’s okay but I’d like a little more play money for the upcoming spring/summer. Thank you for any advice!
+Right now I have $3,800 in my savings. I'm 25 years old, and I'm in the military. I make 800 every 2 weeks. My tax returns are typically around 1.5-2k in February. 
+
+I have a phone bill (260), car note (240), 3 credit cards (130), and insurance (160). 
+
+Monthly income 1.6k, monthly bills 790. I don't pay rent, or utilities as I live on post. I owe 2,300 on 1 credit card, 400 on another, and 800 on the last. I also owe 7,000 on the car. My credit score is at a staggering 690 (which I actually find insane due to my credit usage). I live within my means.
+
+However, I want to start snowballing my debt free plan before the end of my contract in 2 years time. What should i do?
+
+Note: My car is in desperate need of new tires, oil change, and a tune up.
+Dear Robinhood,
+
+Due to your actions last week you forced many of us to make a decision of what platforms we will be using to trade from in the future. I personally moved all of my funds from RH to another platform. What you may not realize is that there are a LOT of people who did this as well. All of my funds will become available to trade with on Monday morning as I'm sure many other peoples will be too. 
+
+You fucked yourself and your friends... as come Monday morning will be a whole lot more capital ready to be reivested in GME, AMC, NOK, BB and what ever the fuck other stocks I LIKE.
+
+I LIKE THIS STOCK, I LIKE THIS COMPANY, I LOVE RYAN COHEN and FUCKING LOVE MY FELLOW RETARDS. We are not just lowly elite, we are the SUPER ELITE. 
+
+APES STRONG TOGETHER
+
+ALL SHARES MATTER
+
+Can't Stop, Won't Stop, GameSTONK!
+
+Edit: 💎💎💎👐 GME GANG Going to fucking ANDROMEDA 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍
+
+Edit 2: It seems some people are still asking if its too late to buy. I value this stock at $4206.90 and that's what I'm willing to walk away with. I'm not a financial advisor and this is not financial advice. With that being said... a life with out taking risks is a life having to wear a condom EVERY FUCKING TIME while you continually pound Melvin's Ass.
+
+Edit 3: Next step.... we reached 320 this week and that was our target. Congrats all my fellow degenerates as we held the line. As you can see they are now offering up to 800 on next week's options. That's our next target. The squeeze could happen or it may not happen next week but we have a target in sight. They are trying to do everything in their power to suppress our valuation. Hold strong autists. We set the price. Prediction: GME opens Monday 500+ and we continue on our mission.
+
+Edit 4: A lot of people are asking me questions about what happened. I was trading GME since Jan 11th as a broke ass bitch, I threw in $200 played a nice $26 call before we spiked to 32 I was excited and cashed out to turn that into 30 shares of GME and hedged my way up to 55 shares over the following weeks. Im not rich, I think I just played this right move.
+Now here's what happened on Thursday... The Robinhood app blocked me from buying so my plan was to do a hedge on multiple platforms. Sell half on RH and rebuy after the inevitable ladder attack on my Webull account and then transfer my money there as well from RH. When I sold on RH they literally sold ALL of my shares not just my available shares since the others were locked up in limit sells. I panicked after that happened. And bought in as many as I could on my low funded Webull account. So I had to essentially sit out for the day. Friday full RH transfer hit my account and I set up a new account.
+Atleast I sold at around 380 and was able to buy back in below that. I owe about 70k in medical debt and GME gave me a chance at making up some of that, I'm +25k on a $200 investment, I need this. You need this. We all need this.
+
+Edit 5: now I'm hearing a lot about people talking about possibly missing the short squeeze if they transfer. In all honestly do you fucking care at this point? I don't. I'm all in and have literally put every dime I possiy could on GME I don't really give a shit about it. We are making these cunts bleed out. And if something at some point hits my sell limit I'll be happy, but if it doesn't I don't care because I KNOW THAT I DID THE RIGHT THING.
+Article: https://nypost.com/2021/08/14/ambitious-sec-boss-gensler-cultivates-sen-elizabeth-warren/?utm_campaign=iphone_nyp&utm_source=message_app
+
+Credit to: https://old.reddit.com/user/Bop42
+
+Main Attack: That Gary Gensler has his eye on Treasury Secretary role and is cozying up with Elizabeth Warren towards that end (exact language: he is 'jumping for' Elizabeth Warren)
+
+********************
+
+Follow on to this post -> 
+https://old.reddit.com/r/Superstonk/comments/p39qc0/cnbc_attempts_to_discredit_sec_chair_gary_gensler/
+
+By Peanut King 86
+
+********************************************
+
+That refers to CNBC editing Gary Gensler interview and suggesting that talk of Dark Pools by Gary Gensler was conspiracy theory
+
+****************************************
+
+Today, Aug 15th there is a post by Charles Gasparino attacking Gary Gensler
+
+Article: https://nypost.com/2021/08/14/ambitious-sec-boss-gensler-cultivates-sen-elizabeth-warren/?utm_campaign=iphone_nyp&utm_source=message_app
+
+Charles Gasparino's career highlights include
+
+* Currently works for Fox Business
+
+* In the past has worked for CNBC
+
+* Falsely claims to have been nominated for the Pulitzer Prizer (https://en.wikipedia.org/wiki/Charlie_Gasparino)
+
+* Shilling against stopping Payment for Order Flow (please check his Twitter)
+
+* Marketwatch naming him a Top 10 Business Journalist
+
+************************************
+I wanted to make an appreciation post to the people who post their DD's on this page. I recently got into stocks and dont know how to DD other then new articles and what people are talking about the stock. All the people who post what they think of they stock and their plays help me out a bunch. THANK YOUU 🚀🚀
+Musk cannot keep hit mouth shut for five seconds let alone five days. 
+
+He recently also passed the 100 million follower count on twitter and not even a tweet or snarky comment about that. 
+
+Either something disastrous is going on at Tesla or SpaceX or his lawyers have advised him to STFU. Whatever the reason, I don't see a reason he would go this long without tweeting unless something bad is happening. 
+
+
+Might be time to load up on some Tesla and other EV shorts retards. 
+
+[Twitter for Proof](https://twitter.com/elonmusk)
+https://www.bloomberg.com/news/articles/2019-07-07/deutsche-bank-launches-major-overhaul-with-8-3-billion-charges?utm_source=facebook&cmpid=socialflow-facebook-business&utm_content=business&utm_medium=social&utm_campaign=socialflow-organic
+ **Greetings**!  
+
+
+Something you may find useful!  
+
+
+The team over at Healing Potion have released a new age community management bot for project telegram channels. This particular bot is one of three new bots being released by Healing Potion over the coming month, all three bots can be purchased on a monthly subscription as a "superbot" by the name of GOLEM! or separately as lesser golems  
+
+
+**So what does this new community bot do?**  
+
+
+Good question! This new dynamic bot will post every 15 minutes or when prompted to direct your telegram members to your latest reddit post, twitter posts or 4chan posts. It will automatically locate the 5 most recent posts about your project and provide links to said posts to your TG channel. So for example this very post will be sent to our TG channel every 15 mins to direct our community to this post! The bot will also identify fresh posts for relating to your project and encourage your TG members to comment and upvote for that sweet trending flair!  
+
+
+Gone are the days of pinned messages with links, this bot is the future! This bot will save project owners and chat moderators the time it takes to post social media links for community allowing them more time to spend on the development of their projects!  
+
+
+If you are interested in acquiring this bot, we will custom design it for your project or community (it can be used for outside cryptocurrency too - basically any TG group really), please contact us at Healing Potion direct via https://t.me/healingpot  
+
+
+We might also add that we are offering custom bot builds for telegram groups; if you need something special please make contact. All bots and future bot builds will be available on the Bot Yard (the upcoming bot marketplace - deployed by Healing Potion)  
+
+
+For those who are not aware of Healing Potion, it is an upcoming utility mega project pushing product and community goals. It is still very early days for the project; you will be seeing a lot of healing potions around, even if your bags are full. [healingpot.info](http://healingpot.info/) for more!  
+
+
+Thanks for reading!  
+
+
+0xc974be717f52dcc701fe50fad36d163b1e9a3a82
+I keep seeing articles online about a surge in demand for property over summer in most cities, however when I have been inspecting rental properties in Kew, Melbourne, there were rarely more than half a dozen other prospective renters present - often less.
+
+Many homes are dropping their advertised price to match the demand, and the unit I ended up securing is at a 2016 pricetag for renting.
+
+What's the deal? What's happening where you live?
+Do any of you rely on a quick and dirty valuation method while screening for stocks and if so what methods do you find the most insightful/reliable? 
+
+Obviously not meant to be a shortcut to making an investment decision but a way to quickly get a ballpark value of several companies to find opportunities to look into in more detail. 
+
+I’ve seen multiples of FCF, Ben Graham’s net asset value, some people have even made automated DCF and shared here (thanks for that btw) but wondering if there are others you think are better for screening or pitfalls to the ones mentioned above.
+ Right now everything is overpriced. But I think its better to invest in overpriced market than to hold the cash and loose all value on inflation (40% of USD were printed since covid stared + Biden is considering another 3T stimulus). Theres high propability of high inflation in upcoming years.
+
+This printing of money (making inflation value high p.a) can be good for the goverment to pay off the debt. I think thats the justification of the current printing, obviosly apart from stimulating the economy.
+
+I thought that market is in bubble, where everything is overvalued and is doomed to have big corretion. But when I consider that there will be this amount of inflation, the market propably wont crash, it will just adapt to the inflation.
+
+With USD loosing its buying value, the stock market can perform good on paper, but if the inflation will be higher than the gains, you will be loosing money anyway.
+
+95% of the investors wont realise this and they will be bullish because they will be getting decent paper gains.
+
+Still, I think stocks are best protection agains inflation, right after currency which shall not be named, and gold.
+
+What do you guys think? I would love to hear different opinions or constructive criticsm, and I hope to start a discussion in the comments.
+During the quarantine I’ve red The intelligent investor and learned about a lot of ratios and their meaning now I still feel like I can’t make good value investment so any Idea of what I should learn or practice next.thx and my bad for the English
+I love everyone's input on my EDU and JD posts, thank you for that.   
+
+
+Now, let's talk Marijuana.   
+
+
+Is it a good investment, and why?   
+
+
+Who do you think is currently, and will continue to be a major player in this dance with Mary Jane?
+As someone new to value investing, I still hold a lot funds that are full of stocks with a very high p/e ratio. (Over 70 p/e). 
+
+Recently I've been investing in stocks that seem to have awesome fundamentals, with good yoy growth and low debt but appear undervalued, with ratios below 15 p/e.
+
+As you can predict, my funds full of "overvalued" stocks are crushing my value picks. 
+
+Why do those stocks never seem to be hampered by their high p/e? 
+
+Cheers!
+I want to know some of your guys thoughts on both these Miner stocks long term. They both look decent value on paper and provide and extra margin of safety with the dividend being high on both. Is there anything I should be aware of before splitting money between both?
+Hi everyone, hope all is well, just wanted to share my thoughts on Malibu Boats. Personally, I think it's a great company with a MOAT, however competes in a very cyclical industry with a small TAM (Total addressable market) of $13.1 billion. 
+
+**Company Overview:** 
+
+Malibu Boats is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport boat, stern drive and outboard boats under eight brands - Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt. They have the #1 market share position in the United States in the performance boat category through our Malibu and Axis brands and the #1 market share position in the U.S. in the 24' - 29' segment of the stern drive category through our Cobalt brand. They have top market share positions in their other brands too. From the periods 2010 - 2020, they have expanded market share in performance sports boats from 24.5% to 31.7% and stern drive from 14.2% to 36.1%. 
+
+​
+
+**What I Like (Why I think MBUU has a competitive advantage):** 
+
+*1)* They have vertically integrated a number of key components of their manufacturing process making them less dependant on suppliers which is why they have good gross and operating margins for a boat manufacturer. They have begun manufacturing their own engines and is installed in some of their boats through their partnership with GM, they recently acquired a wiring harness business, and they design their own towers, boat trailers, soft grip flooring etc. Looking at their closest competitor annual reports, MasterCraft, they haven't mentioned these vertical integration strategies and still solely rely on other suppliers for all of their boat engines. 
+
+*2)* 
+
+* If you compare unit sales growth between MasterCraft & Malibu from 2017-2021
+
+
+
+||2017|2021|
+|:-|:-|:-|
+|MasterCraft|2790|3343|
+|Malibu|3815|4841|
+
+MasterCraft sales per unit increased **19.8%**. Malibu sales per unit increased **26.9%**. 
+
+* Unit sales isn't the only thing Malibu is winning at though. If we look at Average Price Per Unit growth from 2017-2021 between MasterCraft and Malibu you will see: 
+
+​
+
+||2017|2021|
+|:-|:-|:-|
+|MasterCraft|$82,000|$109,000|
+|Malibu|$74,000|$113,000|
+
+MasterCraft average price per unit growth was **32.93%** and Malibu was **52.70%** from this period. In 2022, Malibu net sales per unit was **$131,267.** No data from MasterCraft since 2022 annual report isn't released yet. 
+
+*3)* 
+
+* 2022 Malibu annual report indicates that unit sales for the **industry** has decreased in 2022 however all of Malibu boat sales have **increased** in unit volume, **despite** the increase in price. 
+
+*4)* 
+
+* Current Ratio is 2.14 and D/E is 0.7. Very healthy balance sheet. 
+
+**What I Think:** 
+
+I think this company does have a competitive advantage due to their ability to grow their unit sales at a faster rate than competitors and increase their prices. This indicates the company has pricing power and a brand moat. This is also due to their extensive dealer network. However, the company does have a litigation issue which will cost the company around $140 million. Check it out and let me know what you think :)
+
+​
+
+\*\*By the way, I have decided to pursue value investing seriously and have started a Youtube channel highlighting my journey so if you would like to support feel free to go to my profile and I will have a link to my channel there :)
+Alright guys, I posted a few weeks back about leaving the chatrooms for the first time and being green every single day. The post garnered a decent amount of attention so I thought I would follow up.
+
+[Update after leaving the rooms](https://preview.redd.it/v4hlmalprb781.jpg?width=1836&format=pjpg&auto=webp&s=72bd72d2c7b99bde1ff0ebeb9f2cd7046d35cacd)
+
+Since leaving the chatrooms the week of Thanksgiving, I've been maintaining about an 85% win rate, My confidence in my edge has never been higher, and while I took 1 HUGE loss (mostly due to overconfidence in a bounceback) it was definitely the clearest lesson I have had to date and I've made sure to tweak my risk strategy to ensure I don't run into that issue again. In fact, since my loss of $448 in one trade (on a risk of $60) my largest loss has been $3.80, so while I still am upset about that 1 red day, I think it's safe to say, I learned a lesson.
+
+[Stats post chatroom](https://preview.redd.it/t6wudu1srb781.jpg?width=1260&format=pjpg&auto=webp&s=4a704a77e25997902e29c8dbf96224fa550a8e8b)
+
+My biggest takeaway, hands down, is that I definitely understand what I am doing. Taking trades, staying confident, evaluating risk, etc., is so much easier without all of the chatter. I uploaded a screenshot of my trades before I left the chatroom and it's just a mess. I was cutting winners short frequently because others were looking at going the opposite direction, people were not seeing what I was seeing, and there were just too many different strategies and ideas floating through the room. I was also letting losers ride too long while in chatrooms because while I was losing money, the big dogs in the rooms were still averaging down and staying in the trades. Their confidence in the moving working out just led to bigger losers. In fact, my 3 biggest losses ever ($953, $800, $602) were all trades I hung around in because the "pros" were still in the trades.
+
+Do I blame the chatrooms for my failures? No. But I don't think that it was a benefit to me. And if you're just starting trading, I think developing your edge is much more important than what people are saying to do. The chatroom I was in had a lot of very successful traders, but at the same time, they 100% are not giving you ALL of the information. Being that they were so successful, I would often take their opinions, advice and suggestions to heart which was basically me gambling that their experience overrides anything that I have learned or feel about market direction. They also had a MUCH larger bankroll, so when they would average down with size, it was just not something that I, or many other traders, could keep up with.
+
+[Stats before I left the chatrooms. Some months I lost full confidence and would be in the room but just waiting for the perfect setup as I couldn't see what they were seeing.](https://preview.redd.it/873kobmvrb781.jpg?width=1379&format=pjpg&auto=webp&s=7920d2bede94513d1adb9ca6f0c2beb6f6e2885c)
+
+I'm happy to answer questions throughout the day and will do my best to keep up throughout work and other activities with the comments.
+
+Before I get all the hate that I got on my last post about naming the chatroom, just know it's not allowed. I enjoy being a part of this community and you whining about me making a post but not naming the room is just annoying. If you really want to know, just message me guys, because it's not going to show up in the comments.
+
+My not-chatroom takeaway over the last month is that I need to set a time limit on my trades. When evaluating my stats, my average hold time on my wins is 9 minutes and my average hold time on my losers is 28. In fact, I've only held 2 of my 29 winners past 14 minutes and both were because the uptrend was continuing and I was just watching my profit grow as I scaled out. (Higher highs and higher lows throughout the process). Going into January, I'm going to start a 14-minute timer going into trades and if I am not watching a trend continue in my direction, It will be time to exit.
+
+Hope you all are killing it in your trading and I wish you all a Merry Christmas!
+
+P.S. Yes, I know I took 4 days off last week. I wish I was able to trade as there were some pretty great setups, I was just out of town doing an early holiday with my family and trading on a laptop is just not my cup of tea.
+Not sure this will be formatted correctly as I'm doing it from my phone.
+
+DFV has not posted or commented since his final update. This can mean one of two things. 1. He's not allowed to (his lawyers probably advised against it)
+Or 2. He's moved on and forget about us. 
+
+
+ #2 Is completely false since we see DFV continue to award posts which means he is reading and following along in spirit (Hi 👋)
+
+This leaves point #1. Why would DFV's lawyers prevent him from commenting 🤔
+
+If the squeeze happened already I don't think DFV would have any legal repercussions from interacting with the community. BUTTT if the squeeze is soon to come there is NO WAY he would be allowed to interact with us at all. 
+
+For us old redditors if you remember the warrant canary passage being removed this is what it feels like. For anyone who isn't familiar please Google warrant canary Reddit.
+
+
+ "WASHINGTON (Reuters) - Socia]
+ networking forum reddit on Thursday
+ removed a section from its site used to
+ tacitly inform users it had never received a
+ certain type of U.S. government
+ surveillance request, suggesting the
+ platform is now being asked to hand over
+ customer data under a secretive law
+ enforcement authority."
+
+
+Basically it's illegal to mention you gave information away to the government but by removing the paragraph reddit wanted you to imply that Reddit wasforced to give up the information. This is a fact!
+
+Hopefully someone can comment if I made a mistake on the canary thing.
+
+In conclusion, if DFV was free to talk here the squeeze would have happened already. But I don't see any DFV posts do you?? 🤔
+This has to be some of the stupidest FUD I’ve ever heard of. I thought it would be hard to top Tesla’s energy FUD when they are using child labor to mine lithium and ignoring so many aspects about the BTC energy debate, but here we are. So let’s recap this latest FUD. Some Russian hackers hacked Colonial Pipeline using ransomware and demanded 4.4 million in BTC. After Colonial paid them the hackers used a simple tumbler to tumble Bitcoin onto an exchange and the FBI was able to track the coins and seize the BTC. Essentially, the hackers were dumb enough to move the BTC onto an exchange that the FBI had access to and people think the FBI cracked the Bitcoin code or something. If you’re selling because of this you don’t deserve to be rich you deserve to be poor and to the hackers you really are idiots as well.
+Your markets are run by bots. Now your daily threads are too.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+Your markets are run by bots. Now your daily threads are too.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+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/EKU2tVBp9u)
+Your markets are run by bots. Now your daily threads are too.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+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).
+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)
+Your markets are run by bots. Now your daily threads are too.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+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.
+
+[We have an active official/unofficial discord. It's open to all discussions, stonks related and non-stonks related.](http://discord.gg/2sQBNuM)
+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).
+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
+I’m buying $2.5 million of farmland in the midwestern US over the next month.  NW = $12 million
+
+The farmland yields 4% after property taxes via cash rent.  I estimate that rent will increase 1-2% per year giving me a 5-6% total return.
+
+I view it as a fixed income replacement.
+
+Anyone else own farmland?
+Hi, I would like to balance my portfolio by buying instruments that work like bonds in case there is an economic downturn, or for when the bubble pops. What is the best choice for this in Europe?
+Hey, I'm looking to move to a different country within the EU, and also technically starting a new job in another country, and this has raised many financial questions in me. I'll explain without specifically naming the countries if that's okay, so I'll use A B C D to represent them for privacy, these are all within the EU.
+
+Country **A** is where I currently reside/work/am a citizen atm.
+
+Country **B** is where I want to move to.
+
+Country **C** is where I also am a citizen but do not reside.
+
+Country **D** is where I'll be getting freelance work from.
+
+So rn I live in **A**, but the taxes are ridiculously high, and the country is crap, so I want to move to B in like 1-2 years. I work as a freelancer, I'm doing fine, but my country has limits to how much you can earn as a freelancer, and I'm nearing that limit especially if I take the offer of **D**, and if I go over the freelance limit I should have to create a company for tax purposes, but if I do I'd be losing so much money on taxes that it wouldn't even be worth taking the new job from country **D**.
+
+So that got me thinking, since I want to move countries I probably could open a bank account there and get **D** to send the money to my account in country **B**, and I assume I'd have to pay tax on it there, and if I would have to, I'd definitely be losing less money all in all, even if I have to create a company to do all of it in country **B**. But this is where it gets confusing to me, so here are my questions:
+
+**Can I even open a bank account** in country **B** if I'm not a citizen, and am not (YET) residing there? (like generally, or does this vary by country?)
+
+**If I can open one, and** country **D** sends my pay there, I assume I pay taxes to country **B** for this income, and not country A correct?
+
+​
+
+**So if I live in** country **A**, but have a bank account and pay income taxes in country **B (or C** if I end up not moving) **is that generally legal? Or is this some form of tax fraud?**
+
+Thank you for the help in advance! **My main goal is not to commit tax fraud obviously**, but I don't know anyone who is employed in a country, but gets payed from another country, and lives in a different country.
+Hi everyone, happy new year!
+
+I am thinking about buying-to-let a new apartment (55 m^2) in Germany, probably in Frankfurt/Nuremberg/Karlsruhe.
+I am trying to estimate my future expenses as a landlord, please check if my assumptions are realistic:
+
+- Grundsteuer: around 6000€/year
+- Hausgeld: around 2000€/year
+- Insurances: around 200€/year
+- Renovation fund (don't expect any big renovations for the first 10 years, but want to make sure I will have enough when time will come): 1000€/year
+- Small interior fixes: around 100€/year
+
+Did I forget anything?
+Thanks a lot for your help!
+Hi
+
+So I've been looking into diversifying my Portfolio and I thought about getting some ETFs linked to the gaming/e-sport area as I believe there is some growth in the near future for this industry. I saw that ESPO (VanEck's ETF) is part of Degiro's free ETFs list and besides gaming/e-sport they have some stocks like NVidia and AMD which can be considered tech, not necessarily purely gaming.   
+I was wondering what's your opinion not only on ESPO but also on other stocks/EFTs in the industry. Are you guys invested, and if so, in what stocks/EFTs?
+This past year my partner and I moved into a house. Previously we were renting a place for $2400 per month which we split 50/50. I had enough for a 20% down payment on a house so I bought a house and the monthly mortgage is about $2000. The house and mortgage are in my name and I charge my partner $1000 each month in rent. I'm wondering if this is considered taxable income?
+Hi guys 👋  Newbie here, excited to be part of this community!
+
+Wanted to get your thoughts around this "Buy Now Pay Later" wave that blew up in the last year or so. For context, I myself grew up in a lower-income family that was financially illiterate and always in debt (terrible spending habits, no planning for future... ). As an adult I went through my own debt freedom journey and ended up working on Wall Street at a very high profile financial institution.
+
+I'm a bit of a fintech geek and love following trends in this space. Lately, one of the trends that's been pissing me off is the "Buy Now Pay Later" wave (think Affirm, Klarna, Afterpay etc.) -  **the way these companies have been marketing and positioning this type of "financing" totally screams predatory lending but is just packaged in a cooler, more deceiving format- essentially they're promoting buying things now that you can't afford and often reeling people in with "0% APR for X months".** 
+
+I'm curious what people in this group think of this? Do you see any positive impact to the personal finance space? Helpful to hear if you've used any of these before, would love to hear about your experience!
+3 years ago I bought a multi family that I live in with an FHA loan, and I’d like to get a plan together to buy a single family to move into in the next year. Every mortgage broker I have spoken to so far is trying to tell me to refinance my current loan as a conventional loan, and then use FHA for the single family. The way I look at it id now I’d have to pay closing costs in the refinance that would eat into some of my savings towards the single family, and I would still be paying PMI on the single family anyway if I used an FHA loan for that? So what is the point of refinancing out of the first loan?
+Over the past three days, I've posted information about three stocks - all of which have gone up a significant amount in a short period of time. While I do believe in these stocks, I do not believe the insane "hype" around them is warranted.
+
+I want to make this abundantly clear:
+
+**I am in NO WAY associated with the unprecedented rise in any stock price.**
+
+**I am NOT a financial advisor and my posts are NOT financial advice.**
+
+***I am simply doing research about stocks I like, and posting on an open forum, for discussion purposes ONLY.***
+
+I will not be posting any more due diligence because of these unprecedented rises in share prices.
+
+Please do your own due diligence before purchasing any stocks.
+This bear market hits really hard, but is this the bottom signal we have all waited for? PlanB has shared a referral link to ByBit exchange (ranked 17th on CMC) to his 1.8M followers, starting a lot of laughs and confusion on crypto-twitter. He also recommends options and futures. Sadly he did not say whether we should use 10x or 25x leverage, leaving people wondering and unsatisfied... Maybe the right amount of leverage will be described in the hinted article he is writing!
+
+https://preview.redd.it/vv0o9a8z9j991.png?width=582&format=png&auto=webp&s=6738c481df1ebb84cac1dfdd04580bda35e8108c
+
+After decoding the twitter link you get:
+
+https://preview.redd.it/cu3swn35aj991.png?width=782&format=png&auto=webp&s=9d2d5c85d03e6a63bb43e7b6d3be94227960f87d
+
+What comes next? (;
+
+FYI - I'm not giving links to his twitter profile, I'm sure everyone can find it and verify for themselves that these are legit screenshots and a legit profile!
+Hi guys! 
+
+This is my first post; I'm an avid reader for several months now, but I've just started dividend investing 10 months ago and was learning / practicing along the way.
+I'm an EU citizen, 40 years old, and due to EU regulations I can't have exposure to all the wonderful ETFs you have in the US, but I have access to NYSE/NASDAQ stocks through IBKR pro. Since March 2020, I've been purchasing every month about 500$ worth of stocks. Some months I've managed to even put around 1000 $. My portfolio is currently at around 9,000 $ (about 10% unrealized profit), current dividend yield  4,6%. 
+My largest positions: T - 10%, ABBV - 9%, LMT - 8%, AMZN - 7%, MO - 6,5%, AAPL - 5,5%, MSFT - 5%, STX - 5%, PPL - 4%, WFC - 4%, DOW - 3%, XOM - 3%, INTC - 3%, O - 3%, C - 2,5%, KO - 2,5%, EPD - 2%, MFA 1,5%, ET - 1,5%. The rest are all below 150$: PAA, GOOGL, IBM, JPM, DUK, CVX, IRM, KSS, FB, KHC, ARR, TRGP, IVZ, AGNC, SLB, NLY, LTC.
+
+As I was purchasing and learning along the way, I'm aware I have too much different positions. I still haven't sold any position that I have (for the better - some losers are becoming winners; specifically - WFC, MFA and ET). I'm getting ready to trim down to about 20-25 stocks, and then strengthen the positions that remain. But, given the fact that I currently have 36 positions, I frankly don't know where to start.
+
+I would really need some advice. My time horizon is at least 10 more years of investing.
+
+Thanks in advance!
+Hello everybody
+I am in the stock market few months ago and I will start to put 500/600$ per month in a separate account and buy some stocks that pay good dividends to start a strategy “snowball effect “. 
+
+I am a very patient guy and I know that it will take many many years to see good results , this is not a problem for me at all.
+
+What companies should I invest? I am thinking about it in the last 2 months and I always enjoyed Coca-Cola ($KO). It’s a very solid company and pays good dividends. What is your advice here ?
+
+Second question: what plataform should I use? I have an account in etoro but maybe it’s not the best plataform to operate..
+
+I would like to know your experiences , talk to people that is using this strategy. I am newbie and I need to learn. I don’t know nothing about stocks , only the basis.
+
+Thanks :)))
+Not sure if the is kind of post is allowed so I apologize if it’s considered off-topic. But there was some cathartic aspect of feeling “seen” in this story, they did a good job at highlighting the absurdity of the government programs and what it takes to qualify, maintain and prove you belong in the program but also the impossibility of it all. The cycle of poverty between generations, or the cycles that people are trying to escape were highlighted as well. They included all the background noise of family situations that compound the struggle right when you’re about to get on your feet, something comes along and shits on your progress. 
+Might not be everyone’s cup of tea for “entertainment” since most of us are still in the hell of living it. But also, yes. I just felt it and cried through almost every episode. Has anyone else seen it?
+Here are the facts. What do you think?
+* My credit has been frozen with all three major bureaus since I was part of a large data breach in 2019.
+
+*This afternoon I received an email referencing my new checking account with Capital One. I definitely did not open a new checking account with anybody, although I  do have a credit card with Capital One, which I have had for 11 years. 
+
+*The fraudulent account in question was opened under my previous last name, which I haven’t used since I got divorced nearly 8 years ago. 
+
+* Upon receiving the email, I immediately called Capital One. They told me that the account had been opened on Friday, July 29 - the last business day of the month (quota deadline?) They then closed the account. I also called them back a 1/2 hour later and spoke to a different agent to make sure that it had been closed. 
+
+* I then verified that my credit was indeed frozen with all three credit bureaus. It already was. I also added a fraud alert to all of them. 
+
+*Next, I called my bank and put a fraud alert on my checking and savings account. 
+
+* Finally, I obtained a copy of my credit report. Everything seemed all right, but I did notice that Capital One did a soft pull on my credit twice in the last week. 
+
+My diagnosis here is that a Capital One employee needed to make a quota and opened this checking account under my former name thinking I wouldn’t notice. Why else would a criminal want a checking account in my name? It’s not like it’s a credit card they can run up a debt on and then abandon it, leaving me with the bill. What benefit would it have unless to stack up imaginary points with a corporate employer? Furthermore, since my credit was already frozen, this shouldn’t have been able to happen if someone with my info had impersonated me, correct? Hence the soft pull by an employee?
+I am pissed. What should my next steps be?
+I've seen people here talk about increasing their spending post-FIRE if investments do well, but I've never seen anyone post about actually doing it. Well I've done it, so I thought I'd share!
+
+Some quick background (there's a lot more detail in my post history if you're interested). I lean-fire'd about 5 years ago. I pulled the trigger sooner than I wanted to because health issues forced me to stop working. To make money work, I sold my downtown condo and house-hacked in the suburbs. This has gone extremely well for me, and my investments (mostly vanguard stocks) have also done extremely well in this time.
+
+My withdrawal rate became extremely low, so I decided to try spending more. I'm comfortable with this for 2 reasons. First, I still have a conservative but more normal-ish withdrawal rate now. Second, I can comfortably scale back a lot of my new expenses if I need to.
+
+My first new expense was a dog. I adopted a dog who would have otherwise been euthanized due to health issues. She is great, and costs me about $2k/yr.
+
+I got a membership at a fancy gym. I wanted to be able to swim and use a steam room, which I now do \~3x/wk. The only nearby gym where I could do this is $80/mo, so it costs about $1k/yr.
+
+Groceries have doubled, and are an extra $3k/yr. I'm a part of 3 scheduled weekly dinners. I bring wine to 1, a nice 6-pack to another, and host the third. I also found a frozen dinner I really like that is and healthy. I could replicate it, but it would be a lot of work. $10 each, and I have them about 2x/wk. Otherwise it's still things like bulk chicken, beans, and seasonal fruit/veggies. This could go up a lot more if I start hosting more meals...
+
+Vacations will be an extra $2k/yr when covid is less of an issue. I have close friends in a few states around me, so every month I'll be visiting someone for the weekend and probably treating them at least to a dinner and drinks. Also, about once a month I'm planning to do weekend trips to the beach.
+
+Finally, I spend about $2k on miscellaneous stuff. I got a RTX 2060 super right before the shortage. I now replace my shoes before the holes reach my socks :)  I buy more gadgets for the house on Amazon. I support creators and journalists I like. etc.
+
+Overall, this increased spending has definitely had a positive impact on my life, largely since I'm able to do it without creating any new money stress. That being said, I do still have some definite financial limitations. I'm still largely dependent on house hacking, unless I made some big cut-backs or used a SWR higher than I'd be comfortable with. And I wouldn't be able to afford to support a spouse unless we made some extremely significant cut-backs beyond what I'd really be comfortable with. But ya, things are good :)
+
+​
+
+Edit: Not my exact situation, but some rough numbers. Retired with a paid off condo +\~$500k; spending $15-20k/yr (excluding healthcare). Currently in a paid off suburban house with 3 roommates (which gives me $20k of income) +\~$800k, spending \~$30k/yr (excluding healthcare). All in a LCOL city in the US.
+Guten Tag to all of you Great Apes around the world! 👋🦍
+
+Well Apes, it did not take long for the Short Hedge Funds to once again try to force the price down. This time, it was easily seen just by looking at the number of shares available to borrow - it appears that the $2 dip required them to short half of the total daily volume. Can you believe that? When half the share volume are shorted, the stock only dropped $2. It just goes to show how tough of a spot they are in, and of course, there is no better time to be an Ape and HODL. All we have to do is wait, and the longer they kick the can down the road, the more shares that Apes will own when the MOASS comes. What a great day that will be!
+
+Today is Wednesday, August 11th, and of course you know what that means! Join other apes around the world to watch low-frequency updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$159.70 / 135,78 €**  *(volume: 1262)*
+- ⬜ 115 minutes in: $159.45 / 135,56 €  *(volume: 1237)*
+- 🟥 110 minutes in: $159.45 / 135,56 €  *(volume: 1220)*
+- 🟥 105 minutes in: $161.99 / 137,72 €  *(volume: 1107)*
+- 🟩 100 minutes in: $162.08 / 137,80 €  *(volume: 1014)*
+- 🟩 95 minutes in: $161.74 / 137,51 €  *(volume: 1005)*
+- 🟩 90 minutes in: $161.42 / 137,24 €  *(volume: 1000)*
+- 🟥 85 minutes in: $161.01 / 136,89 €  *(volume: 898)*
+- ⬜ 80 minutes in: $161.23 / 137,08 €  *(volume: 855)*
+- ⬜ 75 minutes in: $161.23 / 137,08 €  *(volume: 854)*
+- 🟥 70 minutes in: $161.23 / 137,08 €  *(volume: 797)*
+- 🟩 65 minutes in: $161.35 / 137,18 €  *(volume: 775)*
+- 🟩 60 minutes in: $159.26 / 135,40 €  *(volume: 743)*
+- ⬜ 55 minutes in: $159.23 / 135,38 €  *(volume: 743)*
+- 🟩 50 minutes in: $159.23 / 135,38 €  *(volume: 730)*
+- 🟥 45 minutes in: $159.20 / 135,35 €  *(volume: 718)*
+- 🟩 40 minutes in: $159.23 / 135,38 €  *(volume: 665)*
+- 🟥 35 minutes in: $159.05 / 135,22 €  *(volume: 565)*
+- 🟩 30 minutes in: $159.10 / 135,26 €  *(volume: 565)*
+- 🟥 25 minutes in: $159.05 / 135,22 €  *(volume: 556)*
+- 🟩 20 minutes in: $159.07 / 135,24 €  *(volume: 506)*
+- 🟥 15 minutes in: $159.02 / 135,20 €  *(volume: 492)*
+- 🟥 10 minutes in: $159.05 / 135,22 €  *(volume: 375)*
+- 🟩 5 minutes in: $159.64 / 135,73 €  *(volume: 275)*
+- 🟩 0 minutes in: $159.08 / 135,25 €  *(volume: 185)*
+- 🟥 US close price: $159.05 / 135,22 €   *($159.00 / 135,18 € 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 1.17620075. I wrote and maintain a C# application that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+\*Directly from the Network
+
+Take for example
+
+iPhone 12 128gb - [from Affordable Mobiles](https://www.affordablemobiles.co.uk/apple/iphone-12-128gb-blue): £43/pm for unlimited everything on Three
+
+Direct from [Three: £58p/m w/ £49.99 upfront fee](http://www.three.co.uk/iphone/iphone-12/plans?bundle=handset&colour=blue&memory=128)
+
+How does Affordable mobiles make money while undercutting?
+Generally speaking at least. I'm genuinely curious about the reason behind this. My rent a year ago was about 1200/month for the 1 bedroom apartment I live in in Austin, TX, which back in May 2020 was kind of on the higher side of average at the time. I recently re-signed my lease and it shot up to over 1500 a month and prices just seem to be going up all over. If i'd really wanted to, I could have found myself a decent 1 bedroom for about 900 a month in Austin this time last year but now thats completely impossible.
+
+At this point I'm seriously wondering why I wouldn't just take my savings and put it into a down payment on a whole house. Mortgage payments would be less or equal to what I'm paying for this crap apartment with obnoxious inconsiderate neighbors. 
+
+Seriously, people are paying upwards of 2500 for a 2 bedroom apartment. I find that absurd, I wouldn't care if the place had a jacuzzi right in the middle of the living room, I simply cannot justify spending THAT much to live in a cramped, wall-to-wall, floor-to-ceiling setting of any kind. Am I the only one who thinks rent prices have gotten absolutely insane?
+​
+
+**MAYBE THERE IS A REASON FOR THE LACK OF RECENT BIG TICKET ANOUNCEMENTS !!! ......ARE THEY COMING VERY SOON?**  
+
+**Below is the an excerpt from the K8 filed by GameStop on  June 9 2021 relating to the appointment of CEO Matthew Furlong.  I think this may influence how some announcements will play out in the coming week.**  
+
+"*Chief Executive Officer, effective on or about June 21, 2021*"" 
+
+"*The Furlong Letter Agreement also provides that, on the first business day of the first calendar quarter that commences after the effective date of his employment*"
+
+**My interpretation of the letter above is that CEO Matthew Furlong will be granted his initial share award on  July 1 2021.**  **The interesting point here is the criterial for the grant as stated below.....**
+
+ "*The Furlong Letter Agreement also provides that, on the first business day of the first calendar quarter that commences after the effective date of his employment, Mr. Furlong will be entitled to a grant of a number of restricted stock units or restricted shares of the Company’s Class A common stock determined by dividing $16,500,000 by the average closing price of the Company’s Class A common stock for the 30 trading days immediately preceding the grant date (the “Initial Equity Award”).* "  
+
+**How I read this is, the average stock close price for the 30 days of June 21 will determine his initial grant. That being......the higher the close price, the less shares shares he will be granted.** 
+
+example (a)  $16,500,000  / $200 close price = 82,500 shares granted
+
+example (b)  $16,500,000  / $300 close price = 55,000 shares granted 
+
+[K8 filed June 9, 2021](https://preview.redd.it/6djdatvi37871.png?width=2528&format=png&auto=webp&s=0f3033d3b2d8ada744344e701ab900c05edbeb6b)
+
+**TL;DR**
+
+CEO Matthew Furlong initial share granting is reduced as the average closing price increases.  We have heard very little in respect of company announcements since his initial arrival earlier in the month, or after his official start date of June 21.  On the face of it this suggests there is likely to be a lack of appetite from Matt to make any significant announcements that may drive a price increase before June 30th. In addition, maybe making announcements mid transition to the Russell 1000 may also not be appropriate depending on the nature of the announcement. 
+
+Taking these points into consideration I foresee we see a number of significant announcements being made from market close on Wednesday June 30, 2021 onwards. There are number of company matters that apes have speculated on and have patiently been awaiting further details, not an exhaustive list and may include....
+
+* NFT launch details (Indications for  July 14) 
+* Update on plans for proceeds from the recent 5m stock sale
+* Possible increase of RC holding to 19.99%
+* Potential dividend payment in / depository stock award 
+* Proxy voting investigation outcome or next steps 
+* Possible Merger or acquisition plans 
+* Q2 unaudited sales progress indications (previously announced 9 weeks data of Q1) 
+
+Possible announcements or reasons for any delayed announcement theory is speculation based on my own thoughts, its not intended to be presented as fact or financial advice. Individuals should conduct their own research and make their own conclusions.  Investment decisions should not made based information contained within this post. 
+
+**THIS IS THE END GAME -  FORTUNE FAVOURS THE BRAVE - THOSE DIAMOND HANDS WILL DELIVER**
+
+Please add comments, thoughts or corrections in the comments.
+Good Morning Apes!
+
+So in this FTD clusterfuck we have been going through it should be noted that after today any FTDs from non-rolled futures contracts should be coming in. There is no precise measurement to accurately say how many FTDs this will generate and with CFTC no longer reporting swaps and forwards we cannot even determine the OI.
+
+But we do know that there is some evidence of the existence of GME futures (found by u/Zinko83) positions and many, myself included feel that these positions are used to obfuscate the true SI% on GameStop, and to maintain short/long positions on volatility.
+
+Many ETFs also use these futures contracts to balance their holdings.
+
+[https:\/\/www.thebalance.com\/what-are-futures-and-why-are-they-in-etfs-1214893](https://preview.redd.it/up5f62ehi9b81.png?width=714&format=png&auto=webp&s=931041a80ac8f3f34aa860e38d95f8972e2cfbab)
+
+Historically the 8-9 trading days between the futures roll and expiration date produce a significant spike in FTDs T+2+35c days later. Today is the first day of that period and while we cannot see the effects till the SEC FTD report is released for this period it is apparent that they failed to roll forward outstanding contracts in December. This same event produced similar effects last January 13th.
+
+These FTDs will pile on top of the underlying ETF and MM FTDs we are already experiencing.
+
+**You are welcome to check** [my profile](https://www.reddit.com/user/gherkinit) **for links to my previous DD, and YouTube Livestream Clips.**
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (ATM offering), 158.5, 162.5, 163, 165.5, 172.5, 174, 176.5, 180, 182.5, 184, 187.5, 190, 192.5, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (ATM offering) 227.5, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
+
+# After Market
+
+That was some pretty serious capital thrown at keeping us under 130 into close. That amount of put buying and staying above 128 looks pretty good moving into tomorrow. With put spreads signifying bullish bets and IV skew continuing it's bullish trend, this doesn't seem like it will drag out much longer. If it was only GME I would say they could sustain this for a while but their attempt to keep the whole basket suppressed (as these same indicators are there as well), cannot be manageable. Thank you for tuning in, see you tomorrow.
+
+​
+
+\- Gherkinit
+
+​
+
+https://preview.redd.it/4e5s5wb4obb81.png?width=858&format=png&auto=webp&s=3f9ccf412bb99a80cff56da6fd7c8d09815b95a9
+
+https://preview.redd.it/v73q1g0xnbb81.png?width=687&format=png&auto=webp&s=21b11f7e0a7294cc0935a0f752a487b8e8f673d3
+
+Edit 6 2:04
+
+large numbers of ITM puts being bought to prevent the breakout at 130 they are really fighting for it many of these coming in in the last hour.
+
+https://preview.redd.it/glnf3l1u1bb81.png?width=1167&format=png&auto=webp&s=7e34f03fa477a12ad5a5e28e81ea973cdd329fc1
+
+https://preview.redd.it/p76izotx1bb81.png?width=1582&format=png&auto=webp&s=4f83a6df2a43900068eb332ded011964b7771f0d
+
+Edit 5 1:09
+
+%day OI trend for GME thanks to u/Turdfurg23
+
+https://preview.redd.it/9dq6qds7sab81.png?width=1411&format=png&auto=webp&s=371a98b3886ce9a44508891dd5e8cb029ca638c6
+
+Edit 4 12:44
+
+Just smashed through VWAP, yeah I know the volume isn't high but the price improvement is significant. If volume picks up a little bit we could see some nice upside on this bounce.
+
+https://preview.redd.it/5fpmz0jtnab81.png?width=1574&format=png&auto=webp&s=a0538774c6683a8a162b369dcf165429654213ef
+
+Edit 3 12:22
+
+Low volume covering below resistance, same old same old
+
+https://preview.redd.it/k0akrwyqjab81.png?width=1580&format=png&auto=webp&s=e4322595d539e4697d7e7fc12076d8ecb6e4e251
+
+Edit 2 10:50
+
+A big drop along with XRT and the S&P, shares returned to Fidelity during the uptick and a fail to to break back above that resistance at 128. Call volume continuing to pick up.
+
+https://preview.redd.it/tehvhmxf3ab81.png?width=1567&format=png&auto=webp&s=dfa46672a1acb6428b8dd6e9bd2161924df75067
+
+Edit 1 9:41
+
+Borrow rate bumped to 0.8% for IBKR heavy short this morning, already not tracking with the rest of the basket.
+
+https://preview.redd.it/xhty6ev4r9b81.png?width=1561&format=png&auto=webp&s=7b719de8d0f0b29ba31a0f322aa309d1a7d45c79
+
+# Pre-Market Analysis
+
+Nice uptrend starting in the premarket today beginning this morning, it looks like a big chunk of shares were borrowed from Fidelity so they my be getting ready to suppress any upside movement. A large chunk of the put walls were sold off yesterday relieving a bit of the downward pressure and retail /institutions alike continue to buy into far dated call contracts.
+
+Also CPI data this morning showing inflation at 7%, highest since 1982
+
+Volume: 20.59k
+
+Shares to Borrow:
+
+IBKR - 45,000 @ 0.6% (25,000 this morning)
+
+Fidelity -109,890 @ 0.75%
+
+[GME 1m Pre-Market](https://preview.redd.it/dz63qi9ik9b81.png?width=1583&format=png&auto=webp&s=1d34e016ab361e479ec0f9d90b25c70948b21e7e)
+
+CV\_VWAP
+
+[Looks like arbitrage normalized in AH ](https://preview.redd.it/dg14hz5wk9b81.png?width=2454&format=png&auto=webp&s=bad68bb48d3d476736b9f838cf8ddda17353e9e8)
+
+TTM Squeeze
+
+Continuing to throw fire signals
+
+https://preview.redd.it/10y0m7e2l9b81.png?width=2457&format=png&auto=webp&s=c5ec60c32769978ebc834431aff3f916ff5d57c5
+
+**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.*
+[https://www.nytimes.com/2021/05/22/world/global-population-shrinking.html](https://www.nytimes.com/2021/05/22/world/global-population-shrinking.html) Scientists predict that towards the middle of the century deaths will exceed births. Was wondering what effect this may have on the the stock market and infinite growth model.  Could the S&P 500 realistically be capable of sustaining a near 7% annual growth without more humans being born each year to drive up demand? Looking beyond that, wouldn't less humans mean fewer demand for goods and services, causing shrinking GDP and therefore assets prices to decline? In which case the stock market no longer works.
+[Basically this post.](https://www.reddit.com/r/financialindependence/comments/58j8pc/build_the_life_you_want_then_save_for_it/) 
+
+
+I am a completely different person when I work, attend school, and/or live with my parents versus when I have nothing at all to do and everything is interesting. I love the nothingness and hate the grind. 
+
+The feeling seems the same no matter if it is 20 hours per week or 60 hours. I have to plan the next day on the unknown factor of work and all the potential social consequences. When I do not have school or work, I am "free" to do anything because learning, watching, reading are mostly free of consequence. 
+
+*****************
+*****************
+
+For example, I actually had a very complete/complex dream the other night: 
+
+* At first it was a movie-based dream. It felt very emotional, happy, sad, excited. And then later on I was a main actor, playing a role, and really learning the characters. In fact, I never realized I was in a dream, ever. And I made so many friends, including Jack Black. 
+
+* Then it changed yet again, and this dream was really a movie and now I am back in a high school class. We have to take a pop quiz over this film. I am so excited, because I actually felt I knew exactly what was going on, how it occurred, and everything regarding the plot structure. I was a character! 
+
+* But in my rush I forget to take off the papers from my desk (after answering all the questions super fast, uncharacteristic of me) and the teacher lectures the entire class about me, saying if it wasn't for my disability he would have failed me. 
+
+* I turn around to my friend and say with a smile on my face: "sometimes these moments are when I wish all my pencils (around 30 of them in the dream) were sharp so I'd just stab my neck over and over." 
+
+* I then wake up. What the hell. 
+
+A summary of what my thoughts are and what stood out for me:
+
+* I never, at any time, realized I was in a dream until I woke up. 
+
+* I was always the actor of wherever the dream took me and the environment was extremely and highly influential 
+
+* The entire focus changed from feeling all these emotions and understanding all these people (within the dream) to hope/anticipation with a school quiz, to complete dread and narrow sighted focus for a grade and not failing (the concept of cheating, the concept of authoritative teachers), and then ending with my desire to die 
+
+*******
+*******
+
+Basically I feel my major problem with "build the life you want" is centered around having to work during an accumulation phase and my own suggestibility: the working environment is largely unknown and volatile. My persona shifts due to the social factors and consequences. My confidence, energy level, and overall mood also shifts. 
+
+I could never build a life I wanted at school, because I was terrified of external factors (parents, teachers, professors, even my peers). I was submissively surviving, appeasing, and what others would say "sucking up" but it was slowly killing me every time. 
+
+If I dislike the American work culture to an unhealthy degree, if I dislike the thought control a job creates over people, and if I dislike this entire structure harming the health of neutral forces (environmental for instance), then how can I swim against this massive current? 
+
+The only real way is to build "bonds" in a literal sense (like chemistry so that the chain is stronger than an individual) or in a social sense (FIRE based unions anyone?). But the nature of work is against a lot of these efforts. In fact, the people who usually benefit the most are also the ones self-sabotaging their chances, including myself. I reject a new experience because it would break the routine of my survival or future survival. But in reality the opportunity would increase it if I had a non-work or non-school persona. It is incredibly frustrating. 
+
+I feel like a completely different person at school or in a job, and the only true focus is getting out. How can I build a life I want to live if the majority of time will be spent doing something that emotionally shellshocks me? 
+
+What are your experiences and thoughts on the matter? 
+Hey Reddit. I post for the first time to give away to the community.   
+Years ago when I was still a programmer I decided to have a go at Automated Trading. It was more for the lols as a side project but in the end I got pretty deep in. It was also an excuse for me to start coding in Python.   
+After coding many bots from scratch, I decided to code a more robust "framework" which would allow me to create, test and use new strategies faster.
+
+Of course this is not perfect, Python was never my main programming language and I quit coding as a job a few years ago. It probably has some bugs but it is still very much usable. 
+
+​
+
+So if some of you want to have some fun bashing my coding skills or who knows, to try it out - even better yet - participate to the project: here it is: [https://github.com/Viandoks/python-crypto-bot](https://github.com/Viandoks/python-crypto-bot)
+
+​
+
+Remember this is merely a one man job on his free time, and please pretty please, whatever you do don't use the default strategy live!
+
+​
+
+Have fun
+Edit: just saying thanks for all the ideas! If I don't reply to you now it's either cause I'm buried in code or I've jumped off the balcony. This thread had been really helpful!
+
+First of all I'm not sure if this is the right place for this but it's the best place I could think of so if not just let me know where a better place to ask would be and I'm happy to move it there.
+
+Right, so I run a small fintech as a subscription service and I'm trying to improve my fundamentals screener which is one core piece of functionality on the site, among maybe 7-8 other core pieces. Currently it functions pretty primitively: I pay for an API which gives me access to historical fundamental data (I've got about 20-25 years of financials and metrics on ~15000 companies) but their filtering capability isn't very good. You can really only filter results based on a few items which is fine for 95% of what I need to do, but when it comes to screening (e.g. "Show me all stocks with revenue > X, PE < Y, price between 50-200" and so on) I'm currently pretty much building my own infrastructure for that because the API doesn't allow that kind of filtering. 
+
+The way I handle it right now is I have a nightly job that goes out and pulls the latest additions to the dataset and diffs it against what's in my database (t2.medium RDS instance) to update any existing tickers w/ restatements and such as well as adding new tickers and data. I only add the most recent year of data in order to make the update quick and keep DB searches speedy, which works ok, but it doesn't allow me to do anything based on growth, changing trends or anything more advanced. The screener works fine as is and people are generally happy with it (though I'm not!), but the infrastructure seems clunky and not really scalable using this methodology, so I'm trying to determine what a better methodology would be to build something "real". 
+
+I'm not looking for a "just do this" kind of answer here. What I'm trying to understand is how these larger companies like TradingView, which has an excellent screener for both fundamental and technical metrics, handle this. Do they just have massive databases full of stuff? Do they have a better API which allows filtering based on more fields than the one I use? What technologies are relevant to my use case in terms of databases, infrastructure, and query languages? 
+
+I'm happy to answer any questions that would help give a better answer, I'm just not sure what to really ask at this point so I'm trying to open a discussion. If it helps, my site is a Django/Python back end, React front end, running on AWS Elastic Beanstalk with a Postgres RDS database, and the two main data vendors are Quandl (the fundamentals I'm trying to improve my screener for) and IEX Cloud (which is shit, and will be going away soon lol). Any insight or resources I could read to start researching better options would be greatly appreciated!
+Sup apes, Elliot Waves guy here.
+
+I wanted to write this post because for one, my last post blew up way more than I ever expected, so I have a lot of new readers now. If you missed my previous post, you can check it out here (seriously, I can't thank this community enough for all your love and support) [https://www.reddit.com/r/Superstonk/comments/nwyj77/elliot\_waves\_and\_gme\_why\_im\_jacked\_to\_infinity/](https://www.reddit.com/r/Superstonk/comments/nwyj77/elliot_waves_and_gme_why_im_jacked_to_infinity/)
+
+This post isn't gonna be going over technical levels as much, rather a general overview of why I believe the stock price is about to take off from a technical perspective only, and how it all ties into the bigger picture. I also noticed on my last post, there was an issue with the images loading when I added them directly to the post, so from now on I'll just be linking everything via [imgur.com](https://imgur.com/)
+
+I had to make a small edit in my recent post as I didn't analyze the proper fib ratio when saying 213 appeared to be the bottom. In EW theory, wave 2 typically retraces 61.8% of wave 1, though the 61.8% level I used in that analysis was actually from the start of a 5 wave impulse within the cycle, not the actual cycle. I have circled the proper fib ratios for the apparent Cycle 1 and 2 that appear to have completed:
+
+[https://imgur.com/r9UEkkr](https://imgur.com/r9UEkkr)
+
+Hopefully you caught my edit in my recent post, but if you didn't, this puts our bottom of cycle 2 at 201. We did not hit this level to the T, though given the nature of the rebound from the lows yesterday, I'm inclined to say that we will not see us hit 201... though if we do, expect a bounce:
+
+[https://imgur.com/3CVBUu5](https://imgur.com/3CVBUu5)
+
+Wave 3 is often the longest and strongest of the 5 wave impulse, but what I want you to note that is specifically interesting about this specific situation with GME, we are in a 3 within a 3 within a 3, just starting the Cycle 3 (the order is grand super cycle, super cycle, cycle, primary, intermediate, and so on)
+
+In the image I'm about to link, do note just because a price target based on the line I drew is on a certain date, do not bank on anything happening by said date. This is solely for visualization purposes. For reference our cycle 1 took over 2 months to pan out, though this can be attributed to many outside factors causing us to trade sideways for a considerable amount of time (circled, March 24 to June 8). Grand super cycle is illustrated in blue, super cycle in yellow, and cycle in white:
+
+[https://imgur.com/PJfbmCL](https://imgur.com/PJfbmCL)
+
+Just for reference: I'm gonna link a car/truck company and a company that does electricity generally (boomer stocks are great examples of EW in action, also automod doesn’t let me use other tickers lol) note how wave 3 is the strongest for both:
+
+Cars and trucks that starts with eff: [https://imgur.com/yG6itXH](https://imgur.com/yG6itXH)
+
+Electricity, generally : [https://imgur.com/FLfk2Xy](https://imgur.com/FLfk2Xy)
+
+Granted, these were not a 3 within a 3 within a 3, but even from a visual standpoint on boring ass stocks, you can see Elliot Wave theory come to fruition.
+
+As for GME short term, I can't quite give short term upside targets yet, as I am yet to see a primary 1 and 2 complete. To verify this action, I'm looking for a strong ish move to the upside followed by a 50%-61.8% correction of that move.
+
+This is THE time to really be loading up, to be honest, from an EW standpoint, this is about as good a setup you can dream of, the risk/reward from a technical standpoint is worth drooling over, and this isn't even factoring in a short squeeze.
+
+Do note, when the rocket really kicks off, and I mean well above 5 figures, this is when I'll have to take out my big crayon and draw that whole movement set as a 1, if that makes sense. Worrying about that later haha, for now all i know is buy, hodl, buy some more, okay maybe some more, and hodl for 8 figures or more.
+
+Will try to post every day of the trading week by popular demand, in the event my account gets attacked (as has happened to previous well known DD creators in the past), check out my twitter: [https://twitter.com/gavinmayreal](https://twitter.com/gavinmayreal) Much easier to do small updates on their as well 🚀 
+
+I just started posting my analysis on twitter, disregard the follower count hahaha I used to be a youtuber back in the day, sort of retired cause I don't really like where it's gone, but if people would like I can start posting genuine tutorials on my Youtube.
+
+GME? bullish af. Shorts? fuk. Tits? Jacked.
+
+My Cycle 3 targets are as follows: [https://imgur.com/g80KXrX](https://imgur.com/g80KXrX)
+
+Please remember, these are CYCLE 3 targets, not intermediate or primary, meaning don't be upset if we dont break 500 this week... It is inevitable that we will in due time, and the ball is really about to start rolling. Can it just be Monday already?
+
+also note, quad witching comes up this Friday:
+
+​
+
+https://preview.redd.it/mkvwok0vpw471.png?width=859&format=png&auto=webp&s=86bdbd4d9c9f50b398d683185efd316542da47c6
+
+TLDR: GME is at the bottom of a cycle 3, within a super cycle 3, within a grand super cycle 3. this is the most bullish EW trading setup possible, and EW traders dream of finding this setup. These low prices won't last 🚀 Hopefully Automod doesn't block it this time 🤞
+
+Edit: lol super random, I bought assassins creed Valhalla from my local GameStop recently, if you know, what are the best weapons? 🤣
+I’ve been lurking ethtrader for a while now and thought I should write this post and offer some advice because I see a lot of inexperienced traders and people new to the scene. Btw, I���m long on both ETH and BTC and have been in crypto since the Gox days. 
+
+I’m a professional poker player and have been involved in poker and trading since around 2006. A few years into my career I realised that skill or knowledge was only part of what made a successful player - the psychology of the game in which management of tilt (or losing your cool) became by far the biggest success factor. By managing tilt my win-rate increased. I thought I had a handle on the game maintaining a consistent long term profit for several years. However one day I had my single biggest ever loss at the tables. It dwarfed all other single day losses by a factor of 10. I continued playing trying to win back the money I lost, losing even more.. the exact behaviour I had worked for years tirelessly to avoid! To be honest I never fully recovered.
+
+Much of the psychology of poker is no different to trading or investing. They are both games of incomplete information. So to that end here’s some advice that I think could be beneficial to someone just getting into crypto/trading.
+ 
+1 Don’t risk more than you can afford to lose. Everyone says this, but have you REALLY thought about this? Look at your total current exposure, close your eyes and visualise yourself in a position where it has been devalued massively or lost. What does your life look like? Are you affected financially? psychologically? spiritually? Is your job affected? Relationships? Now... are you still fine with this exposure?
+
+2 One of the most important maxims in poker is not to be results oriented. We make a move and regardless of the outcome we react the same way - neutrally. As long as the move was correct to the best of our knowledge. 
+
+There are two things we can take from this when investing in crypto:
+
+* Make the correct trade or investment to the best of your knowledge.  If you don’t have a premise - don’t invest. Don’t act on impulse!
+* Whether the coin rises or falls in value our emotional reaction is the same and we should be content with our decision because of the above.
+
+Consider the case where you made a decision based off some incorrect information but ended up profiting through luck. In poker even though you profited this is a bad outcome - you will make the same mistake again thinking it was sound strategy and in the long term you will probably lose money. Reflecting on the result of your trading decisions is therefore crucial! Especially if you do a lot of trading!
+
+3 You haven’t made any money until you sell. Everyone is on a high because of the current price, but the volatility of crypto means that this can always change in an instant. It really can. Crazy shit has happened in the crypto world in the past. And don't forget that Ethereum is in competition with other systems, centralised exchanges fail, legislation changes, news etc.
+
+4 Never risk more than X% on a single bet. X should probably be 5 or less. And investing in multiple coins is NOT diversification! We have seen even some days that as the price of Bitcoin rises all other altcoins and Ethereum can fall in an almost inversely proportional relationship. Of course we have seen it be proportional too. True diversification will be between things like Crypto, Fiat, traditional commodities, stock, real estate, etc.
+
+I hope this helps someone. This is a promising, positive community and no one should have their life ruined! Good Luck !
+Sorry for the semi-clickbait, as becoming a whale is not really an option for everyone, but I do believe it was an option for many.
+
+**Part 1**
+
+I tracked this whale historically back to the beginning starting 2012 with a named bitcoin wallet
+
+[Bitcoin Wallet 1099663](https://bitinfocharts.com/bitcoin/wallet/1099663)
+
+​
+
+[https:\/\/bitinfocharts.com\/bitcoin\/wallet\/1099663](https://preview.redd.it/p1yqa09wnh581.png?width=940&format=png&auto=webp&s=83a29928826dd3920d7affc5c965e0dc2a3d6aed)
+
+As you can see, he started accumulating bitcoin on 06.05.2012 for a whopping $5.06 each.
+
+I think that was a really bald move, as it was already up 5500% compared to 2010 and it was also down more than 80% compared to the Peak of 2011 which was 29$. Anyway, our whale decided to go full ape in and invested not less than $350 000 in. It is a lot of money for sure, but not like a “retire with a Lambo” much money. In 2012 having $350 000 savings put you somewhere between the top 10% and top 5% depending on your income.
+
+After the initial investment our hero had to buy some pizza or pay some amazon delivery so sold some of his investment just to get it closer to the legendary 69.420btc and I think he was on the way, but then he realised BTC is here to stay and stopped selling his precious digital gold.
+
+# Edit: For some reason, half of my post disappeared so let me fix it.
+
+Cont:
+
+**Part 2**
+
+On 09.04.2013 he decided to move his funds to another wallet.
+
+[https:\/\/bitinfocharts.com\/bitcoin\/address\/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx](https://preview.redd.it/kt7uiey4ci581.png?width=940&format=png&auto=webp&s=1a9b23ba089a05b6ed99f42fdaada296a3761a9d)
+
+By 2013 his investment was up to 3500% which is not bad in a year I guess!
+
+But our hero is not a spending type of whale so he just went into full HODL.
+
+Between 2012 June and Today(14.12.2021) Which is a whopping 9+ years he only sold twice. Probably to cover some expenses, but really nothing fancy, considering the amount of money he has.
+
+Sold 1:
+
+​
+
+[Expensive pizza 1](https://preview.redd.it/fyqk9il6ci581.png?width=940&format=png&auto=webp&s=438e141b34302fe3ed36e0e9bd0a45c74b587f04)
+
+Sold 2:
+
+​
+
+[Expensive pizza 2](https://preview.redd.it/x70qnod7ci581.png?width=940&format=png&auto=webp&s=2878e31627f2c4e981dcaaa133f50de9ef24b697)
+
+I can’t copy his full history for that period as it is a very long time, while he was doing nothing just sitting on his thousands then millions then multi-millions.
+
+**Part 3**
+
+In 2020 our Whale moved his asset to a new wallet again and continued his sacred crusade to not spend any bitcoin and HODL.
+
+​
+
+[https:\/\/bitinfocharts.com\/bitcoin\/address\/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6](https://preview.redd.it/eyfsp7ubci581.png?width=940&format=png&auto=webp&s=f93bd483649343b305a726cf8fd2fb19efdea0ce)
+
+On the day 05.11.2020, We arrived to a new Milestone as our Hero was celebrating his first Billion and joined the Top \~0.001 wealthiest people on Earth group.
+
+Since that nothing really happened. He is still hodling and peaked at $4.5 Billion 08.11.2021
+
+​
+
+[https:\/\/bitinfocharts.com\/bitcoin\/address\/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6](https://preview.redd.it/dxntyjzaci581.png?width=940&format=png&auto=webp&s=5316f94af37a128ebf8106091730904965e24be6)
+
+So just to put it in perspective and also TLDR.
+
+Mr. Whale invested $350.000 in 2012 and in 9 years he accumulated 120 000% gain, without spending almost anything from his initial investment. Probably he is not reading but I hope he knows, to get there where he is Diamonds hands are not enough, you need balls of steel as well.
+
+\-Fortune Favors the Brave-
+
+Edit: Yes I made a spelling error, but I won't fix it now as many people made a joke! I'll take it like a champ.
+
+Edit2: Those Who says "he was already" rich, cannot really grasp the difference between these 2 number: 350 000 and 4 500 000 000, but let me help you calculate: 128571% Gains. How many of you have that?
+Currently I have a property with all of these appliances already in place and I am rehabbing and considering what I should do next. Does it make sense to have tenants provide their own so that they take care of it better or what are your thoughts? I’m in the Philly market. 
+
+I appreciate your input! 
+Hey apres! I'm happy to report that I've successfully completed my 30 day alcohol rehab and am home and feeling great! 
+
+I was able to check the ticker price a few times a week, but haven't been on the sub or able to read any news. So what did I miss? Give me some of the highlights for the month if June. Any drama, news, best memes, anything! 
+
+It's good to be home and back in with you guys! I missed you all so very much!
+
+EDIT: I am just blown over with the amount of encouragement, support, and well-wishes from all of you! Thank you to every one of you that stopped by! I am a very proud ape today, and feel so very loved. You guys are the best!
+Hi everyone, greetings from /r/excel. Thanks to your mods for letting me crosspost this here.
+
+I just wanted to let you know that the excel product team will be doing an AMA today over at /r/IAMA.
+
+I'm sure you guys will have some good questions for them given how much of your time you probably spend in excel :D
+
+Edit: Link for AMA now live:
+
+https://www.reddit.com/r/IAmA/comments/5dgrf8/we_are_the_microsoft_excel_team_ask_us_anything/
+We had ‘em. We would’ve squeezed that shit past Kilimanjaro. We would’ve damn near bankrupted the hedge fund and possibly a few brokers and we would’ve made a lot of money. And it was all going to be done legally. 
+
+Then they fucked us. They changed the rules. They raised the requirements. They limited our abilities. They manipulated the market. They lied to the media. And it was all done illegally. 
+
+And as I reflect on the millions of retards yoloing their student loans, clearing their life savings and sucking cock for a few extra shares, I feel fucking enraged. And it’s more than just the way they talk about us as immature, stupid, reckless, “a threat” that could “destabilize the market” in the public. 
+
+We’re still in a pandemic where our govt response has been pathetic. Widespread failure to test and now to vaccinate, tens of millions unemployed, more & more entering poverty, delayed and insufficient stimulus checks, PPP dollars looted by wealthy corporations and individuals, the message is clear. THEY DONT GIVE A FUCK ABOUT US 
+
+Republicans and Democrats alike are part of our American kleptocracy. This country is run by corporate oligarchs. It��s all about money - do you think the SEC is gonna do shit about any of this? Do you think Robinhood is going to have any real consequences? Do you think anyone gives a fuck about retail investors losing money? It’s always a menial slap on the wrist and the show goes on. 
+
+It was like this under Bush, Obama, Trump and will be like this under Biden. Bank bailouts, tax benefits and havens overseas, empty promises to the average American while healthcare and education and cost of living expenses skyrocket and our incomes stay the same. Inequality is skyrocketing, especially during the pandemic. You think some of these fuckers need billions of extra dollars while millions of Americans can’t pay the bills? We’re all excited about a massive wealth redistribution - shouldn’t the wealth be distributed already? Isn’t it kinda fucked up they will break the law to make sure it’s not while politicians and law enforcement sit back and do nothing? 
+
+You wanna know why so many people hopped on the GME train? It’s not whatever mocking caricature was in the media. Underneath is a desperation to experience economic relief, to pay the bills, to buy a house, to cover medical costs, to experience just a sliver of what the top 1% steal from the American public everyday. This country doesn’t take care of its citizens and intends to keep it that way. Fuck this country. Fuck the people in power who act like they give a shit.
+
+Edit: I’m still holding 24 shares and will sell for no less than 10k
+Hi,
+
+I've just written a tutorial explaining how to build an LSTM-based model that predicts whether EasyJet's stock price will increase or decrease on a particular day with an accuracy of 55.2%.
+
+Thought I'd share it here for anyone who is interested: [https://jackdry.com/using-an-lstm-based-model-to-predict-stock-returns](https://jackdry.com/using-an-lstm-based-model-to-predict-stock-returns)
+
+Hope you find it useful!
+
+Jack
+Good Evening Apes!
+
+So I ended up with a lot more on my plate than expected this weekend and am in kind of a rush to get this out. I had some family medical things to deal with and some computer issues. So this weeks version may be a bit more succinct than I would have liked. But suffice to say this week was pretty similar to last weeks in the way ITM options were being used to drive the price down.
+
+I will probably add some additional information into the daily posts as the week plays out to keep everyone up to speed on the things I'm looking at. Most of the trends here we have been following for a couple weeks already so you guys should be pretty familiar.
+
+As always I will post a consolidated [Video DD of this on my YouTube](https://www.youtube.com/c/PickleFinancial) for those of you that don't have the time to read through this, or have visual impairments/reading comprehension issues. This will be uploaded by...
+
+11pm EDT/UTC-4. (Sorry for the delay here, I know the visual/audio representation is important for a lot of you)
+
+# Part I: Technical Analysis
+
+**Section 1: Ascending Triangle**
+
+This is the trend we have been following the last couple weeks. This week we continued to chop along that 180 resistance. We had our two lowest volume days this year on Thursday and Friday. Ending another week slightly below max pain however the strength of the weighted VWAP that I introduced last week has really continued to prove where apes hold the floor of this thing.
+
+[Ascending Triangle on 1D Timescale](https://preview.redd.it/w6ky00qyxfd71.png?width=2460&format=png&auto=webp&s=6671be7d80cf1b715284bcfe457a827d854e9786)
+
+Friday we bounced off that weighted VWAP and started heading up I think this trend could continue and expect similar action this Tuesday that we saw last week ($20 price increase on 3m volume) as market makers once again are forced to cover their Gamma Exposure. I expect price action to look something like this.
+
+[Price Action copied and pasted from the previous week \(Blue\)](https://preview.redd.it/9vsl6seqzfd71.png?width=2451&format=png&auto=webp&s=6ff2b58ef9fd5b45d3ba0689fb7d71eee241902c)
+
+As long as week repeat last weeks trend as market makers are still forced into the same t+2 for those closed contracts. I expect we will repeat last weeks Monday-Tuesday price action at a minimum. Which lines up well with our bounce off weighted VWAP for a test of 200 and a possible break through. Volumetric breakthroughs at 200 in the past have been very good for GME.
+
+**Section 2: Other Indicators**
+
+**MACD**
+
+So I've seen a bunch of posts say MACD has crossed on the daily. This is technically not true go into pre-market tomorrow. Although the signal line is touching they have yet to perform a crossover but if we see the action I expect Monday and Tuesday we will see a crossover. This indicates we should be seeing a period of higher volatility occur this coming week. Remember this is a trailing indicator if the price trends down against expectations this event will be delayed further.
+
+[MACD at -9.39 approaching a crossover event on the 1D Timescale](https://preview.redd.it/qtouvuzd4gd71.png?width=1601&format=png&auto=webp&s=3318732b34fa0b508effc6ba3a2d665fafc7d1c0)
+
+**Stochastic RSI**
+
+So I smoothed out the StochRSI  a little bit. Lack of volume these last few weeks made me think I should make it a little less responsive so I went with 14/14/21 instead of last weeks 3/3/14. As we can see the trend from that k/d crossover is looking very nice as it climbs up from oversold.
+
+[StochRSI 14%\/14%\/21 smoothing on the 1D](https://preview.redd.it/qz161xsp8gd71.png?width=1590&format=png&auto=webp&s=588acc2797f95be065406f2b95db175c16db4d09)
+
+# Part II: The Market
+
+Just gonna do a quick breakdown on this as the overall market sentiment remains bullish. However if the SHFs plan was to try to drag this out into a market crash it looks like all the powers that be are actively insuring that doesn't happen. Jerome Powell maybe the most OG bull.
+
+Regardless, the market is still choppy overvalued and unstable so lets look at our indicators moving forward. We saw a decent bounce off Correction Zone #1 this last Tuesday as the market turned around. We could see it continue to surge into next week and a test of that long term-trend. If it fails I will continue to monitor the corrective zones for downward movement.
+
+[Spy and correction zones 1D](https://preview.redd.it/fggyur2vigd71.png?width=1584&format=png&auto=webp&s=532660a29cd4dce80fa1ff4a3a750ce3c6a6cfd0)
+
+The Shiller PE is back up .31% this week still looking like the bubble isn't headed anywhere good.
+
+[P\/E 10 back up .31% this week](https://preview.redd.it/lkxmbogekgd71.png?width=1116&format=png&auto=webp&s=ebbbce4d5cf8566daa735f873fed63c17d265eb3)
+
+# Part III: Conclusion
+
+There were some things I really wanted to cover however time management is really not my best skill, and I did not expect to be doing this 7 days a week when I started. I may do another DD to fill in some gaps around Wednesday. Technical trend continues to look bullish moving into this week, but, if no volume comes into to support it we may be looking at more flat action slightly up towards the end of the week. There is potential that we could launch into a run on Tuesday as MMs continue to cover their gamma exposure from last week. Thank you all for reading along and for all the support.
+
+If you want to see more information on this subject matter feel free to join me in the :
+
+Daily Live charting (always under my profile [u/gherkinit](https://www.reddit.com/u/gherkinit/)) from 8:45am - 4pm EDT on trading days
+
+Join me, on my [YouTube Live Stream](https://www.youtube.com/c/PickleFinancial) from 9am - 4pm EDT on trading days\*
+
+Or over on our community [Discord](https://discord.gg/BGmjnrvHnw)
+
+**As always thanks for following along.**
+
+**The support of you apes has not only given me the confidence to do this but the drive and passion as well. From the bottom of my heart, thank you for everything.**
+
+🦍❤️
+
+\- Gherkinit
+
+Edit 1\*
+
+Options bought near the ask for last week
+
+[$1.55 Billion this time up from $1.3 last week](https://preview.redd.it/xcmi3zbdngd71.png?width=1025&format=png&auto=webp&s=ce39a5b8b481ab794a6d48bb125bd528c6e0fec1)
+
+**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.*
+
+*\*My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+\* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
+So can any measure actually solve this if it's a supply shock and not solely a demand shock?
+
+https://www.nbcnews.com/politics/white-house/trump-weigh-coronavirus-stimulus-options-monday-including-paid-sick-leave-n1153291
+Hi r/ethtrader,
+
+Reddit admin here. I’m one of the developers who has been working on the [r/EthTrader Donuts project](https://www.reddit.com/r/ethtrader/wiki/donuts), and I’d like to share some updates with all of you.
+
+In the last couple of months, we have been following [the work](https://www.reddit.com/r/daonuts) that u/carlslarson has been doing to [decentralize Donuts](https://www.reddit.com/r/ethtrader/comments/an5577/a_communityled_initiative_to_decentralize_donuts/). On behalf of the community, he has developed [multiple smart contracts](https://github.com/daonuts) that allow Donuts to be moved to the Ethereum blockchain, along with much of their functionality (including distribution and tipping), and acquired assets (like the subreddit banner and badges). It’s great to see all of this progress.
+
+As we [promised](https://www.reddit.com/r/ethtrader/comments/an5577/a_communityled_initiative_to_decentralize_donuts/) earlier, we will be integrating this implementation of decentralized Donuts into the Reddit UI. This means that Donut balances, as well as ownership of the banner and badges, will be read from the blockchain. We are just starting this work. It will take some time to build and test the integration, but we are hoping to have it done soon.
+
+It is important to remember that this project is still a work-in-progress. This is the beginning, not the end, and the focus should be on continued iteration and experimentation. If you see a flaw in the design, don’t panic! We can always fix the flaws and move forward.
+
+We understand that the community is concerned about on-chain governance. To avoid any unintended consequences, going forward governance polls will be considered as signaling tools, rather than absolutely binding. Once the community is confident in the decentralized implementation, the community can return to experimenting with binding governance.
+
+We started this project to reduce the dependence of online communities on centralized actors and make them self-sovereign — communities that exist on their own and have the tools to chart their own destiny. The r/EthTrader community believes that Ethereum smart contracts is the right approach to fulfill this mission. For that reason, we are committed to supporting the community-led initiative to put Donuts on Ethereum blockchain and we look forward to seeing where it goes!
+In my case, it wasn't exactly support (several eye rolls later), but they never asked me to sell.  
+  
+I don't know how many "you're crazy" or "you're a fucking idiot" or "you're going to lose our savings" or even "our kids are not going to college" looks I've gotten since Jan '21, but fuck, my spouse never wanted me to sell.  
+  
+I want to give a big shout-out to all who have given 100% support, whether they be significant others or family members. Even the ones who gave 50.0000001% support and never asked to sell, thank you. You will reap the benefits of your Apes' stubbornness. May you trust your Ape a little bit more moving forward.... in your lambo on the way to the beach house.
+"CoreLogic, which owns the Case-Shiller Home Price Index, released its monthly “Home Price Index Forecast” this morning, based on the Case-Shiller data. After years of being bullish about home prices, CoreLogic suddenly turned bearish.
+
+It forecast that prices of single-family houses, including distressed sales, would begin dropping on a month-to-month basis with the June reading – it just released its May reading, which was up 4.8% year-over-year – and that prices, as tracked by the national Home Price Index (HPI), would be down 6.6% year-over-year by May 2021.
+
+“2021 will mark the first year home prices are expected to decline in more than nine years,” CoreLogic said. The last year-over-year decline in the HPI was booked in January 2012.
+
+“Strong home purchase demand in the first quarter of 2020, coupled with tightening supply, has helped prop up home prices through the coronavirus (COVID-19) crisis. However, the anticipated impacts of the recession are beginning to appear across the housing market,” the report said."
+
+Full article below:
+
+[US House Prices to Drop 6.6% by May 2021, First Annual Decline since Jan. 2012: CoreLogic
+
+](https://wolfstreet.com/2020/07/07/us-house-prices-to-drop-6-6-by-may-2021-first-annual-decline-since-jan-2012-corelogic-owner-of-the-case-shiller-index/)
+I recently sold my wife's for £7.5k. I purchased it a year ago for £8k. I thought it was a good deal then i saw the buyer, who is a car dealer up north, has listed it for £9.9k. £2k higher than what i paid a year ago.
+We went to a massive car deal in London yesterday to look at buying a replacement car and the prices were 10% to 20% higher for non luxury cars compared to a year ago
+There are roughly 500,000 members of this sub..
+If each member held 100 shares .. that’s the entire float. 
+
+That simple math just blew my freaking mind.. and I’m sorry. 
+I don’t own 100 I only own xx 
+But I will be fixing that Monday morning. 
+How on gods green earth can a sub strictly dedicated to one stock have 500k diamond handed members on a stock with a float of 50 million and that stock still trade millions of shares a day for less than $10,000 a share? 
+
+I’m apologizing because I over complicated my thought process on this investment and it clouded my judgement. 
+
+But as I sit here, for some reason a freaking light bulb went off as I looked at the members of this sub alone.. that’s not counting any other subs.. 
+but just on these numbers alone.. 
+
+500,000 x 100 = WTF? 
+I know all of you don’t own 100 ( like me) but I also know some of you hold thousands… so…. 
+
+I also know there is extensive DD covering this but like I said, I got lost before in the tinfoil hat and the over thinking it. 
+
+For me, at this moment it was simple math that convinced me to yolo.
+
+See you guys Monday morning on the battle field!! And thanks for staying with this despite the media and other apes constantly trying to make it look like this is dead and over and you guys just haven’t figured it out yet… 
+
+Seriously, my mind is blown right now. 
+And I will be drastically increasing my position Monday morning.
+Just got out of homelessness, and I'm scared that I'm going back.
+
+I have a wife and baby. I'm in a somewhat stable job as a Website Developer on £25k. We're now in a rental, but I'm ending up with no money a few days after payday due to bills and my IVA. I'm being very smart with my money already. I just would like to know if there are good side hustles with little effort for that extra £20+ a week?
+
+It can't take too much time, because my job takes up 7-7 every day including travel (comes to 40 hours actual working), and weekends are developing our rental (it had nothing; no kitchen machines, torn carpets, etc). The rental is classed as a housing association, so similar to social housing. I'm getting fed up of having no lunches at work.
+
+Edit: More precise on the hours and housing
+See the following image of the short volume ratio of high tide: 
+
+[C8-F40-E2-B-1466-4670-93-AD-9-DD0995-AF9-F1.png](https://postimg.cc/WdhgGTqL)
+
+There is plenty of DD out here for this company so make sure to know what you're investing in. We've taken a hit yesterday from the Tilray and Sundial pump and dumps but hey when the shorts are bullish then so are we! 
+
+Good luck all!
+[Right here.](https://imgur.com/a/m1bn4R5) 
+
+This sub has grown massively, from reaching 100,000 members during May 2020 to the current level of over 638k, so there's lots of people relatively new to investing experiencing their first downturn and we're seeing posts from those worried that their investments are falling and considering selling out at a loss.
+
+The best thing you can do is nothing. Absolutely nothing. Your reasons for investing and your goals shouldn't have changed just because the markets have fallen. This is exactly why you have an emergency fund, so that you have enough in cash to leave your investments alone until needed. If you  hold your investments they will come back as you're in it for the long haul. Do nothing.
+Hi all,
+
+Recently bought a duplex to house hack. As it stands, I won't be living free with the market rent rates, but should be able to live pretty cheap, which is all I care about until I find another property.
+
+Anyway, my question is about how I should bill the tenants for water/sewer. The gas and electric meters are separate, but there's only 1 water meter, unfortunately. 
+
+I'm single and have no kids, so it will be just me in one unit, then whoever shows up in the other. If it's a couple, the odds of them using more water are obviously pretty high, so I thought about doing it proportionately (2 in other unit, 1 in mine = 66% of the bill). That said, I'm not making money off this anyway, so I thought for simplicity, I could just charge them half of the bill and give them a copy of it monthly.
+
+This question also applies to miscellaneous charges like garbage and such, I suppose, though those are flat fees charged by the city. In general, what would you suggest I do in a house hack so it's fair and doesn't piss off the tenants?
+I look around at what investors are buying, and I just can’t wrap my head around their numbers. I’ve been doing this a long time. I have 33 units under my belt over the last seven years. I realize my numbers have always been pretty conservative, but they’re real. If I can’t make 12% cash on cash return (in a market I feel will be lucky to keep up with inflation) after accounting for Capex, management, maintenance, vacancy and all the other obvious expenses, why would I do it? I see people buy properties over me all the time now. Maybe they just plan to deplete the property and sell…..the slum lord route. It’s just something I won’t do. I have pride in providing good places to good renters and taking care of them like I’m supposed to. I get there is a whole other ball game in areas of high appreciation and Airbnb’s also add complexity and drive higher incomes right now, but one thing I always liked about my weak Midwest location was the simplicity of not expecting appreciation.
+*It is interesting to listen to non commercial  landlords, (they have one or a few rentals)  They tell you this "horror" story of their tenant from Hell as if the world is coming to an end.  How the tenant cheated them out of hundred of dollars, as if that was a big deal.   Multiple unit landlords can't even relate to the passion of these guys.  This is as common as paying the power or water bills.   People lie, cheat, deceive, threaten to sue, destroy your assets.  Don't landlord if that gets to you!  We have 98% great tenants' so will you!  But the bad ones are pathetic!*
+
+Feel free and vent!
+I'll be having around 500k or so in the next few years and i'd like to get some passive income going my way. Everywhere I see 8-12% is where your ROI should be for rental properties you buy. Is the 500k mark doable, or is there more needed, etc etc? I'm fairly new to real estate so any advice at all would be of great help. 50k per year profit is my goal. 
+I’ve been working in industry full time for about 10 years, in my early 30s and I crossed the $1M net worth mark earlier this year almost entirely in low cost index mutual funds. This was a lot of hard work and diligent saving. I started from $60k/year with nearly $80k in student debt.
+
+Now for the windfall.
+
+I work at a small private company and it was acquired by a public company. It looks like my stock options will end up being quite valuable, I’m expecting $5M from the public company bringing total NW to $6M.
+
+I realize how incredibly fortunate I am to be in this situation, but it’s causing me so much stress in trying to optimize everything and make sense of it all.
+
+I’ve gone from very happy for having worked hard to get to where I am to constantly getting worked up over how random it feels.
+
+It’s clear that I can retire now, but I make a great salary due to my long tenure ($250k base plus benefits and likely retention package) and I really enjoy my work. It is stressful and I really want to stop working, but I feel the opportunity cost of not working is too great.
+
+I’m close with my extended family and my base salary is easily 5x their household incomes. How could I justify retiring from such a good job when they have to work so much harder and more for so much less?
+
+My logic leads me to think I should keep working so they don’t have to and just give my extended family money.
+
+I don’t think they’d want to take it or at the least it might feel strange for them.
+
+Anyone been through something similar and have advice on how to approach this?
+
+I’m spending what feels like an unhealthy amount of time focused on money now. The bigger numbers make it feel more stressful and make me want to continue to work more because it seems my earning potential is still growing and I don’t want to waste the opportunity.
+How would people recommend going about finding a partner with the same financial values as yourself (eg. general FI principles) given that money is somewhat of a taboo subject? Would you bring it up early on or just see how they behave and maybe bring it up later on in the ‘getting to know them’ process?
+Hey folks.
+
+A bit about me:
+
+* Single, 29M, no kids, never married
+* Net worth: $1.6M ($200k in 401k, $60k in cash, $1.4M in non-tax-advantaged index funds)
+* Income: $450k/yr (well-known public tech company in the Bay Area)
+* Rent:  $2200/mo (rent controlled in SF)
+
+I loved my job, but now work has turned to absolute shit, and it's rife with petty office politics, incompetent middle management, and pointless Zoom meetings 24/7. My employer is also embracing the whole "remote work" mindset even when the pandemic ends, and I just loathe working from home. I've mentally checked out of work since March, and I will probably get a poor perf review, though probably not bad enough to get me terminated or put on a Performance Improvement Plan (but who knows).
+
+I don't intend on switching employers during the pandemic. I feel starting a new gig while working remotely would suck ass.
+
+**Here's my plan:** Try to stay employed till June, and assuming that I've been vaccinated and the US has returned to some sense of normalcy by then, take a year off to pursue more creative interests.
+
+I've a few questions:
+
+* For those of you who weren't quite fatFIRE but quit a shitty but high paying job and took a year off for funemployment, do you have any regrets? Do those of you who stayed the course instead of quitting have any regrets?
+* How easy is it to rent apartments in HCOL areas (e.g. SF/LA/NYC) with no income but sufficient net worth? If I plan to travel, I feel like it would be easiest to just move out of my SF apartment, use my family's place as a permanent address, and rely on long term stays in Airbnbs. Is that a viable option?
+* What's the dating scene like when you're an unemployed straight male? I am average looking and had mostly okayish at best dating experiences pre pandemic (well, it's SF), and I'm a bit worried having no employment would just ruin my game.
+>The athletic apparel retailer posted adjusted earnings per share of 62 cents on revenue of $1.701 billion for the second quarter. Analysts polled by Thomson Reuters expected the company to report earnings per share of 90 cents on sales of $1.8 billion.
+
+>Same-store sales... fell 6 percent year over year. Analysts... expected an increase of 1 percent.
+
+
+[FL stock price](https://www.google.com/finance?q=FL&ei=KAGXWcqRHMzG2AbQ95SQCg) 
+
+[CNBC](https://www.cnbc.com/amp/2017/08/18/foot-locker-shares-plunge-after-second-quarter-sales-fall-way-short.html)
+First time posting but I’ve lurked here for a while. The husband and I (40m, 37f) just paid off our house almost 6 years from the day we moved in.  
+
+We didn’t really hear about FI/RE until our 30s so I feel like we got started later than a lot of this sub’s members. Plus we have a toddler which is another huge financial obligation. 
+
+A lot of our story is due to luck so I wanted to point that out. We got lucky with our jobs, lucky with our house, lucky with our families, etc. 
+
+**Currently, our NW is $842,900 at age 40 and breaks down as follows:**
+
+**House:** $325,900 (bought for $225k 6 yrs ago)
+
+**Cash:** $45k for emergency fund and upcoming essential house projects
+
+**Retirement accounts:** $400,000
+
+**529 plan for child:** $72,000 (had put $50k in 4 years ago; consider this complete)
+
+**Husband’s job also has a pension that will pay $3k/month when he retires.** 
+
+**Our story:** 
+
+We married young right out of college and basically only did company 401k matching until age 30. I had $15k in student loan debt but that was our only debt. We spent (aka wasted) all our money eating out and doing things with friends in our 20s. 
+
+Then at 30, we decided to seriously talk about having a child (one and done for us) and read more into financial independence. Made a plan for our money and had our child. 
+
+**Salaries:**
+
+**Husband’s-** $100k base, plus commissions, plus RSUs, plus flexible work schedule, plus company car we don’t have to pay for. There’s a lot of variability in his pay so one year may max out at $130k but the next at $200k. 
+
+**Mine -** Left low-paying $25k/year job to be a SAHM once our child was born since my pay wouldn’t cover childcare costs. Earned money watching older/smaller dogs in my house while their owners were on vacation (around $500/mo income). I have a background in working with animals so it was easy for me to find clients. Then during my child’s nap-time, I built a digital business that’s picked up. So no income from that business for the first 3 years but now I earn $60k/year from it working from home. It gives me the flexibility to still be the primary caregiver for my child while bringing in extra $$. 
+
+We basically live off of less than my husband’s generous base salary and everything extra goes into savings or paying off the house. 
+
+**What’s next for us:**
+
+Neither of us wanted to retire super early. My husband doesn’t mind his job and has been there long enough to reach the 5wks vacation level. Plus his job is extremely flexible and provides a good lifestyle balance. The earliest we’d want to retire is when our child goes to college when we’re early 50s. So we still have 12 years until then. 
+
+But it’s nice knowing that if for some reason that changes, we have enough saved that leaving isn’t as big or a deal. Our monthly expenses are really low without a mortgage and no other debt. Basically food, insurance, and property taxes. 
+
+Now that the house is paid off, we plan on maxing out all retirement accounts, HSA, for me to start a Solo401k, and get into rental properties possibly, still undecided. A little different than what I’ve seen others here do but we’ve been focusing on Roth 401k and Roth IRAs instead of traditional because we want to avoid huge RMD’s we’d likely have if we went all traditional. Not sure if it's "right" but it's what we felt most comfortable with.
+
+We also plan on enjoying life as a family. We’re not into material possessions but love experiences. We want to do lots of overseas travel as a family now that our child is getting older. 
+
+Not at our FI number yet but will definitely be before 10 years. While my husband does have a pension and we plan on mainly living on that mostly, we don’t want to rely on that fully without backup retirement savings in case something happens to it. We also need to have a job that covers family healthcare costs. But who knows, if my business keeps growing then perhaps paying for private healthcare won’t be as big of an issue. 
+
+**Unexpected Expenses:**
+
+One unexpected expense is schooling for our kid. Our town had a lot of growth so the elementary schools are overfilled. We’re talking 25 + kids to a classroom that they had to get state waivers for. So our options are to send our kid to the overfilled public school and hope they learn (which is unlikely), pay for private school ($15k/year), or sell our house and move to the part of our city that has great public schools. But houses there are $800k + and the cost of maintenance is a lot. So it’s likely we’ll be paying the private school tuition at least through elementary while our town finishes building expansions on all the schools. 
+
+I tried including all the info I see people usually ask about but feel free to ask about anything I missed.
+Looking for some advice regarding my retirement so in a way, you could have a hand in shaping my future (please be kind). Before covid, I almost lost my job where I was participating in a 401k (8% every 2 weeks) w/an employer match for about 2 years. I was given 60 days notice back in mid-January that my job would be terminated and to find a new one in or out of the company (they did offer severance if I couldn’t find another internal job). Facing financial uncertainty, I stopped my contribution as I figured I might need that extra cash to hold me over if I couldn’t find another job. On the 58th day, I received 2 offers within my company and accepted one (this was right around Spring Break time). I’ve hesitated on returning back to contributing to my 401k since and wanted to ask for your guidance. If additional details are needed, please let me know and I’ll do my best to provide. Thank you in advance!
+I’m considering taking out a loan that would be enough to cover expenses for a year and enough to put back into that monthly payment from it? 
+
+I’ve signed up for a program that I’ll complete under 10 months. I’ll be in a good position for landing a job that would bring so many benefits to our lives and I would no doubt be able to sustain us living on our own and in this economy. Im a single mom, single income, decent job but not enough and the Saturday hours are really affecting time with my son on those days. Im confident I’ll land a job and complete program under a year. 
+
+Moral of this story- living with family and they aren’t warm and fuzzy people (they love my kid no doubt but the tone of voice and lack of understanding child development is infuriating and my son doesn’t want to stay here anymore) he’s going on 5. He’s depressed, bored, and sad. 
+
+I’m doing everything in my power to move mountains on the financial and adulting side of things. I provide many activities that I can for him to enjoy but he want play attention and i have only so much time to be wearing ALL these different hats. I’m heart broken over our conversation last night and was able to hear from him the things that bother him and make him feel sad. 
+
+To the point I’m willing to take the risk and attempt to push and move on our own for this year if I’m able to take out a loan that would cover us until I am able to land a good job and start paying down the loan as fast as I can. The field I’m entering would allow me more cash flow then I’ve ever had so I’m confident I will be able to handle it but here I am still curious of other’s opinion to make a loan assist for a year so we have our own space and freedom to be who we are in our own home.
+
+**edit: thank you everyone for your advise and input. I do realize the risk involved here and I know it’s pushed by emotions, however, I’m not doing this today or next week so I do give myself time to really think this over and get all the facts of what costs and debt this would place on me. I’m doing my best to alleviate my sons stressors without taking the loan. I’ve made play dates happen for him, activities such as indoor playgrounds and arcades, playing out in the yard. Day camps are full. I’ve tried talking to the family but it’s ingrained in their personalities and with me living under their roof- would have the attitude if I don’t like it I can leave (which is exactly what I’ve been working towards since being here) I have reached out to a friend and will take into consideration of a different family member- my mom- however- … that’s not the best interest of my mental state and focus either. So careful consideration all around.
+I really need help managing with my finances and would appreciate any advice. I don’t fully understand how to invest and whenever I do research I just have more and more questions - I am putting my money in places but I don’t know if they are the best places. I want to save for a house as that is a priority, so I’m not sure how to disperse my money to my debt while doing so. What would you do in my situation? 
+
+Here is the breakdown of my financial situation: 
+
+I make $3,125.68 monthly (at minimum, sometimes a little more if I pick up some extra work) 
+
+I have $10,000 in a high interest savings account with ally. 
+
+I have $1,944.19 in credit card debt.
+
+I have $126,733.80 in student loans. 
+
+I have a Roth IRA betterment account with a $4,643.51 balance. 
+
+My fixed monthly expense is: 
+
+$901.83 for rent  
+$127 for transportation 
+$100 for dog food, general expenses 
+
+Other monthly expenses: 
+ ~$500 on misc. 
+~ $200 on Credit card 
+~200 on Roth 
+
+I am not paying my student loans right now. 
+
+My main goal:
+
+1. I want to purchase a house with land and work from home. The kind of work I want to do requires land so this is really important to me.
+
+2. Figure out a balance that allows me to cut down my debt but still save for my future. 
+
+So…what would you do?
+I've lost on a few TSLA spreads and told myself I would steer clear until after Powell speaks tomorrow to do another. 
+
+Welllllll I didn't listen to myself, got fomo, and opened a 3/19 call credit 740/750 yesterday. Woke up this morning and thought to myself that I should of followed the rule I set for myself. So sold early AM for a small loss. 
+
+Needless to say, it’s down 5% today and I'm assuming tomorrow won't be a good day with the feds talking about their March meeting. 
+
+Hindsight tells me I should of held on to it and made a profit this afternoon but I'm a pretty new trader so it's a learning experience. Went against my rule, didn't stick to my gut when it comes to tomorrow's announcements after breaking my rule, and am now wondering why I didn't stick to my plan. 
+
+Long story short (learning lesson from one new options trader to other new options traders) - figure out your enter AND exit strategies before anything else and stick to it! Had I stuck to my predetermined stop loss I could of exited that trade this afternoon for a decent profit. 
+
+Anyways, best of luck on your trades everyone!
+Why is energy still the play and why will it let you retire in the few years?
+
+General: 
+During a recession energy consumption always decreases relatively, and even more so with Covid, due to lack of office spaces, lack of recreation, and lack of travel / commute. You can look back at the ‘08 ‘09 crisis and view how energy and c02 emissions skyrocketed after Michael Burry got famous. [1]
+   
+  
+
+Next, we have the catalysts, Joe Biden. According to his administration there are only 9 years left to stop the worst consequences of climate change. Biden will act quickly, and aggressively. He’s working with Congress to enact in 2021 legislation and plans that will put America on an irreversible path to economy wide net zero emissions. While also rallying the rest of the world to pursue clean action through leadership and action. Not really lastly, but also make $400bn as ONE part of a broad mobilization of public investment in clean energy and innovation (relatively old news, but relevant) All while creating 10,000,000 new jobs in clean energy. This is within his “Biden will make a $2 trillion accelerated investment” which also pertains to the auto industry such as EV gov vehicles, see WKHS as an example.[2][3]  
+    
+
+Energy has already gone up alot this last 6 months. It's too late! False. So has everything, even giants like Apple are up over 100% since March lows.   Clean energy has been supressed these last 4 years, and are only going back to where they belong.
+  
+
+Hydrogen: 
+Recently Mercedes-Benz spins off it’s truck unit due to ever changing landscape in industrial and commercial vehicles. While premium sedans have largely been adopting the EV mantra, commercial trucking has seemed to go the way of hydrogen. “..while the truck business is investing in hydrogen fuel cell technology. [6] Recently Ballad power Systems $BLDP signed a deal to make the hydrogen fuel cell for hydrogen power boats as well. [7]
+
+  
+
+Nuclear::
+Now, we have Solar, Wind, Hydrogen and what else? Well, reasonably speaking you also have Uranium to Nuclear energy. Did you know that The world has largely put most of their uranium mines on hold and in maintenance mode? Right now there are 442 Nuclear Reactors operating within 30 countries, primarily in US, France, China, Russia and Japan (rip) this consume 200 MILLION pounds in Uranium per year. We are currently sitting at a 20 million pound deficit and could reach as high as 50 million pounds.     
+  
+
+Utilities have been underbuying Uranium since 2014 than they need to produce nuclear energy, the difference (or deficit) between what they are buying and what they need to produce Nuclear energy has been filled by drawdown of existing inventories. We also have Elon Musk talking about Nuclear Bull case https://www.youtube.com/watch?v=bKH-uVqg9OI [4][5]
+  
+
+
+
+# If I had to choose a single ticker from each, I would choose **$FCEL** for Hydrogen, **$NXE** for Nuclear, **$ENPH** for solar
+
+The tides in energy have changed, we are seeing huge pushes globally to adopt these new technologies. If you rub your couple of brain cells together really hard, this shit is the future.    
+
+Tickers: $FCEL, $BLDP, $PLUG, $NXE, $ENPH or if you want ETFs, $TAN, $FAN, $PBW (shout out to $ICLN gang) 
+  
+Final: This was way longer and harder than I anticipated to put together. We still have Energy Storage, Wind, and I didn’t even address Solar reasons, Biofuels or NatGas. But these are my big bets for 2021. I'm aware EV is beast, but so is everyone else, bringing new information to light that may be less represented. 
+I'll do a part2: if you enjoy this expanding and adding extra details.
+
+Sources:  
+[1] https://www.sciencedaily.com/releases/2011/12/111205140613.htm  
+
+[2] https://joebiden.com/9-key-elements-of-joe-bidens-plan-for-a-clean-energy-revolution/  
+
+[3] https://joebiden.com/clean-energy/  
+
+[4] https://josephcollinsul.medium.com/the-uranium-bull-thesis-ce6d49ebd219  
+
+[5] https://www.youtube.com/watch?v=bKH-uVqg9OI  
+
+[6] https://apnews.com/article/technology-environment-germany-54b2b7629539b2fb8f1383b83b490c42  
+
+[7] https://www.prnewswire.com/news-releases/ballard-introduces-fuel-cell-industrys-first-commercial-zero-emission-module-to-power-ships-301125226.html  
+  
+  
+Positions: people are asking my positions, I'm long on all this stuff in the boomerfolio. I don't have any active weeklys or options trying to pump. I'm just trying to spread awareness that Alt Energy is still in it's younger stages and it's truly not too late.   
+NXE 3000 @ $3.17, CCJ 1,000 @ $13.84, BLDP 750 @ $29, FCEL 2,250 @ $17.50, BE 400 @ 37.76, TAN 150 @ $114, ENPH 150 @ $212, PBW 150 @ $113, ICLN 1000 @ 28, QCLN 200 @ $80
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+Any successful full time day traders with ADHD? I’m guessing those who do have ADHD only scalps? I can’t sit around hours on and just stare at the monitor for even two hours let alone all day. How do you guys deal with it?
+For me, it would have to be the Card & Krueger work on the minimum wage.  See a discussion of it [here](http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3190)
+
+I know I'm going to get some negative responses from some people here who don't believe economics should ever be approached empirically.  I hope we can be civil. 
+In short, I sold my business and it was enough to pay off all my bills, including my house. I was hired by my old company and will still be working, so the money is there to invest. I also have money set aside for a disaster fund, which is not part of the $500k.  
+
+
+I have been investing over time, I have just shy of $100k invested and I've always used the wheel (selling covered calls and cash covered puts). I also have a family to keep in mind, a wife and a 15 year old. So I have to also be responsible.   
+
+
+$500k isn't nearly enough to retire off of and I'm not going to YOLO it into something like QYLD/JEPI and try to live off the returns. Since that feels like too much risk. If I was single, I'd be open to that.  
+
+
+Seeing that I love dividend stocks and running the wheel, how would you do two things;  
+
+
+1. Enter the market, I do not want to just buy $500k worth of stocks at once, I figure I should invest X amount each week/month over a 1-2 year period?   
+
+2. How would you structure your portfolio, knowing it's enough to generate some good dividend returns, but not enough to live off of. Again, being 40 I have some time to grow it, but we might not wake up tomorrow and I want to make sure my wife and kid are left something they don't need to actively manage in the event something happens to me.   
+
+
+Thank you for your opinions!
+Alot of people on here post they're making hundreds a month threw dividends. 
+
+I was financially stupid up until a year ago and would spend most of my earned month, I always heard about high interest savings accounts and things of that nature, I tried a couple and GIC's and felt overwhelmingly disappointed in the yield. 
+
+I found REIT's and other dividends (REIT's are my favorite) and have been hooked since. In 5 months or so I've put around 3k away and am making about $10 a month on average threw those REIT's, I hold a few other companies, MFC, T (telus) and BNS. REIT's make up the bulk of my portfolio, and as mentioned net about 10$ a month which I already use to buy more shares of what I've invested into. 
+
+Still very very new to the market, but if I can do it I'm sure anybody else can with a bit of patience, learning and determination. It's nice to know that (if everything goes right with that company) I'll be making money to buy more shares for the rest of my life and I can eventually live a simple life off of the dividend payments.  
+
+Currently holding (canadian tickers) BTB.UN, BNS, SGR.UN, T, MFC, RIT, PSYK, NUMI, MYCO and a couple other penny stocks I bought with little DD for an okay price (in my mind) being; NICL & DEAL. 
+
+Nobody I know personally really deals with investing so it can be discouraging seeing people buy all the new toys and cars and stuff but I'm happy for myself that I'm building towards working less and enjoying life more, in the future. 
+On that note, it can also be discouraging when you're trying to build for yourself when you've got nobody really to talk with and help build each other up over time, but I'm determined to live a good life and build rather than work all my life and hate life. 
+
+My goal is to be at $100/mo by the end of year. 
+
+I hope everybody is having a great day.
+Every time I talk about dividends to my friends who are very new to investing, it blows their minds. They can’t imagine a company paying them regularly for owning its stock. An extreme example I use is Warren Buffett’s Berkshire Hathaway which collects close to [$800M in dividends](https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-apple-stock-dividends-buybacks-shareholder-returns-2021-10) just from Apple every year.
+
+[Meme stocks folks when they hear about dividends](https://i.redd.it/7pz2mt3ybht81.gif)
+
+For those who are new to the world of dividends, a dividend is a distribution of some of the earnings of the company to its shareholders and the dividend yield is just a simple percentage of how much a company pays out in dividends each year relative to its stock price. If the stock price of a company is $100 and the company issued $5 in dividends, then the dividend yield is 5% \[1\].
+
+Consider the example of the following companies which have some of the highest dividend yields in the S&P500:
+
+https://preview.redd.it/1eqac1c0cht81.png?width=945&format=png&auto=webp&s=1ccb297d9f0a286eb21a6950d8ea233de8d9102d
+
+If you had $100K invested equally across these companies, you would have received on average around $7k last year just as dividends - this is not including any gains you would have made holding on to the stock. And herein lies the allure for dividend investing.
+
+If you have a significant allocation of capital to these high-yielding dividend stocks, you would get a steady cash flow in the form of dividends while simultaneously enjoying the benefits of capital appreciation. This is considered the holy grail of investing as you don’t have to sell off your asset (*and incur capital gain tax*) but at the same time you enjoy a steady stream of passive income in the form of dividends. There are [hundreds of thousands of people](https://www.reddit.com/r/dividends) who swear by dividend investing and even big shots like Kevin O’Leary have said that he will never invest in a non-dividend paying company \[2\]!
+
+**But**, as with everything else in investing, my motto has always been
+
+>*If it sounds too good to be true, it probably is!*
+
+So before we go all-in on a dividend portfolio, let’s analyze if the importance of dividends is overblown, whether we can achieve the same results by investing in non-dividend paying stocks, and finally what the ideal portfolio allocation to dividend stocks should be, if any?
+
+**Why do some companies pay a dividend while others don’t?**
+
+First, we have to understand this difference.
+
+Generally, companies that pay a dividend are mature organizations that are growing relatively slowly and do not see any better investment opportunities where they can deploy their capital\[3\]. Adding to this, a steady and consistent dividend over the years shows investors that the company is financially strong and the management is responsible - both of which make it an attractive investment. Some of the biggest companies that pay a dividend include Apple, Microsoft, Exxon Mobil, etc.
+
+On the other end of the spectrum, companies that are expanding quickly typically won’t make dividend payments. The management believes that it’s better to re-invest the profits back into expansion and operations strategies rather than to give it back to their investors. The idea here is that if investors want a payout, they can sell the stock. The returns would be generated by capital appreciation (aka stock price going up) rather than as a direct payout to its investors. Famous companies that don’t pay a dividend include Google, Facebook, Amazon, Tesla, etc.
+
+**Which one performs better over the long run?**
+
+Given that there are amazing companies in both buckets, the question becomes which type of companies perform better over the long run. This is where it gets interesting. [Hartford Research](https://www.hartfordfunds.com/dam/en/docs/pub/whitepapers/WP106.pdf) conducted an analysis where they divided stocks into two categories - Dividend payers and dividend non-payers based on their dividend payout behaviors during the previous 12 months. Even among dividend payers, they differentiated between the companies that increased or reduced their dividends.
+
+[Source: Hartford Research](https://preview.redd.it/4pahnph3cht81.png?width=1021&format=png&auto=webp&s=86371762bfe686295d0e923521c83784fb3b024d)
+
+The companies that paid dividends gave almost 2x the return of an equal weight S&P 500 index and the companies that did not give out a dividend massively underperformed both the index as well as the market! Among the companies that paid a dividend, companies that increased their dividend year on year contributed to the maximum amount of return. 
+
+https://preview.redd.it/4tkt4vs5cht81.png?width=655&format=png&auto=webp&s=c59e17531ca4aff8642bf87a5217b226b4481f09
+
+The cherry on top is this: not only did the companies that paid a dividend outperform both the market and the non-payers, but they also did it with much lower volatility.
+
+And it’s not just the U.S market that exhibits this trend. A similar study conducted on a global portfolio \[4\] from 1990 to 2013 gave the following results.
+
+>Dividend paying stocks outperform their non-paying counterparts by a dramatic amount. From 1991 through 2015, non-dividend paying stocks earned just +4.18% return per year while dividend paying stocks significantly outperformed with a +9.7% average annual return - [Factset](https://www.institutionalinvestor.com/images/519/95699/LVW-Why-Dividends-Matter.pdf)
+
+**Explaining the outperformance!**
+
+I was as stumped as you are right now when I saw these results. I explored multiple research articles to find a reason for this outperformance. While this can be a standalone analysis on its own, the most convincing reason I could find was that because dividend companies are usually mature enterprises, their growth prospects are not going to be high.
+
+This usually allows investors to purchase these stocks at a discount when compared to growth stocks. *(P/E ratio of Tesla is 209 compared to Coca-Cola trading at 27)*. The chances of all these high-growth companies living up to their valuation are much lower than decently valued companies just chugging along and paying dividends.
+
+If you are still not convinced, here’s a bit of trivia - Guess the best performing U.S stock from 1968 to 2015? It’s almost 5 decades during which we landed on the moon, experienced iPhone, and made unimaginable progress in Computing and Telecommunications. So this company must have created something revolutionary and must have changed the world - right?
+
+https://preview.redd.it/l87ux4x6cht81.png?width=780&format=png&auto=webp&s=51658f27f478aff78fd74ad9bae58ce48749584b
+
+The company that a lot of investors shunned (*for good reason*) in a declining industry produced the highest return because it was just a boring old Cigarette company paying consistent dividends over 5 decades! As they say, [boring is good in investing.](https://www.forbes.com/sites/forbesfinancecouncil/2021/10/11/why-boring-stocks-outperform-over-the-long-term/?sh=54d6cfac606d)
+
+Importance of Reinvesting Dividends
+
+Given that we now have conclusive evidence that dividend-paying stocks outperform their counterparts, it’s extremely important to understand how investing your dividends helps snowball the growth of your portfolio.
+
+Reinvestment is the process of putting the dividend we receive back into the stock. For example, say we have $100K worth of AT&T stock. With the current dividend yield, you would get $2.2K every quarter. Instead of spending this, we buy back AT&T stock for the dividend they issue - and rinse and repeat it throughout the investment time period.
+
+https://preview.redd.it/amgivgw7cht81.png?width=742&format=png&auto=webp&s=0fef77827733b24560f0745bfb43df3bac3ebadd
+
+**Word of Caution**
+
+It wouldn’t be wise to end this without covering the limitations of this approach.
+
+* **Dividends aren't guaranteed** \- Even though dividend-paying companies are not as volatile as growth stocks, you shouldn’t solely rely on dividend income as it can fluctuate based on market conditions. In the aftermath of the 2008 financial crisis, 14% across the world eliminated their dividends and 41% of the firms reduced their dividends.
+* **Chasing a high dividend yield is a bad idea** \- Just evaluating your investment based on how much dividend the company is paying is bound to end up hurting your portfolio. You should always look into the company fundamentals before making your investment. To quote Raymond Dev,  
+*More money has been lost reaching for yield than at the point of a gun*
+* **Taxes** \- Dividends are famous as a passive income strategy. You should definitely optimize based on your tax bracket as sometimes capital gain tax (by selling stocks) would be lesser than taxes on dividends.
+
+**Conclusion**
+
+Investing in dividend stocks does seem to produce out-sized returns. Do note that if you are currently investing in S&P500, more than 80% of the companies on the list are dividend payers. So you are automatically allocating a large chunk of your portfolio to dividend stocks. Just make sure the fund you are on is reinvesting the dividends instead of issuing it as a payout.
+
+For those who are all-in on growth stocks, if your investment horizon is long, do consider moving some part of it to well-established dividend stocks as history shows us that companies growing to their expected valuations are rare!
+
+**Footnotes**
+
+\[1\] If you are interested in learning more about dividend yield and its implications, check out this excellent article from [Investopedia](https://www.investopedia.com/terms/d/dividendyield.asp)
+
+\[2\] You should definitely take this with a pinch of salt as he has an ETF that invests only in dividend-paying stocks
+
+\[3\] Think about it - If a company is optimistic about its future growth opportunities, it would be pumping more capital into those instead of paying its shareholders through dividends.
+
+\[4\] North America (50%), Europe (25%), Japan (10%), Emerging Market (10%), and Pacific (5%)
+Let's say we get a scalable, functional, web 3 thanks the public Ethereum chain, and its associated core token, ETH.
+
+  * What happen next to the cryptocurrency space?
+   * While Bitcoin, *<enter name here>coin* are unlikely to die completely, do they still have any advantages over ETH? Or is it all legacy use now. The "simpler is safer" argument would be dead under this scenario.
+   * Are there any other blockchain-like techs that remain valuable under this scenario? Tezos, Lisk, NEO, Ethereum classic, counter party, RSK, and all the other ETH want-a-be coins would be moot, it seems, under this scenario. But what about chains that are doing file storage or other p2p? What remains a unique tech that ETH cant reach directly.
+
+  * What's next for banks?
+   * Clearly p2p banking gets a big opportunity under this scenario, essentially, unbanking the banked, but there's also some nice perks to traditional banks and credit cards. How does this system evolve?
+   * Clearly, it's not ETH or them for industry. Industry, if smart, can use ETH to an advantage. How will some of these big traditional players start to take advantage of web 3 with Ethereum? Maybe, there own tokens...
+
+  * What's next for the internet itself?
+
+**Have fun and speculate!**
+
+In the year(s) ahead, we will know what will happen. In the mean time, we can have a lot of fun pondering. Let's see how close we get!
+Your resident DD ape to rain on yet another parade! This post is a rebuttal to a post that was applying Benford’s Law against GME stock prices to raise some fraudulent flags.
+
+The DD can be found [here](https://www.reddit.com/r/Superstonk/comments/nnvmtj/benfords_law_test_shows_high_likelihood_of/?utm_source=share&utm_medium=web2x&context=3) by u/animasoul. It does a great job of explaining Benford’s Law, and how it has been applied from an accounting fraud perspective. I want to strongly emphasize that Benford’s is used as a red flag, as mentioned in their DD, which then indicates there might be some worth investigating the potential fraud further.
+
+The law does not exactly have definitive proof of why it works (much like Zipf’s Law as well), please read their DD for an introduction to the topic, below I'll give an explanation of **why** Benford’s Law makes sense though.
+
+^(Noting, there are other more complex ways to explain why, namely chopping up the distribution of a logarithm (combining is by chopping it up it evens out and represents a uniform distribution, which is what Benford’s law generally applies to best).)
+
+# Why it Works
+
+Apes like money, so let’s roll with that, shall we.
+
+Ape has **$5k**, ape want **$6k**. That’s a 20% increase in value.
+
+Ape now has **$6k**, ape now want **$7k**. That’s a 16.6% increase in value.
+
+We can extrapolate further, but these are all we need. The “effort”, if you will, to increase from $5k to $6k is more than is needed from $6k to $7k. As such, you’ll spend “more time” at the lower digits as a result. You can flip this around too and fix the time it takes to double your money. This will result in exponential growth (doubling every, say, week) - time spent at the leading digit will then be roughly logarithmic (Read small text for reference on what that matters).
+
+^(Bit of a math side note after you read the small text, specifically relating to how Benford's Law works - it works best across many orders of magnitude for a uniform distribution. Meaning equal datapoints of magnitude 10\^0, 10\^1, 10\^2, etc... which is what we can loosely say is an exponential process (this goes back to the second point in the paragraph above))
+
+# Orders of Magnitude are just not There
+
+The use of stock prices and Benford’s Law can be *debunked* pretty easily, and it comes down to [orders of magnitude](https://en.wikipedia.org/wiki/Order_of_magnitude). Benford’s Law can be applied to stock prices, but not a single stock price alone (at least, within such a short time span of 6 months to detect fraud). It’s not hard to imagine that 500 stocks can span several orders of magnitude, and as such, when aggregated and compared to Benford’s Law, it holds true.
+
+​
+
+[I wrote a script that pulled daily data from Yahoo Finance \(Jan-2021 to May-2021\) and dumped it into Google Sheet, lemme know if you want the code.](https://preview.redd.it/atlb9wlz17271.png?width=693&format=png&auto=webp&s=2d8162dc52cf00977dc36805c3a43b80c84d5068)
+
+​
+
+[Volume instead of stock prices](https://preview.redd.it/uglzywu127271.png?width=677&format=png&auto=webp&s=364ab8813e0b98e9f0f6d76c9ad4c40679ca3ce0)
+
+The same can also be said for volume. So why does this not work on an individual stock level?
+
+Let’s check out the standard deviation of the S&P 500 first digit distribution for both volume and stock prices.
+
+​
+
+https://preview.redd.it/v8c1pud427271.png?width=602&format=png&auto=webp&s=1a6032e9f1cbbb9e0dda164bd3b92c15ce945d80
+
+As we can note for stock prices, there’s a huge deviation. And it’s obvious once you look at the screenshot below for stock prices in particular.
+
+​
+
+[Stock Specific First Digit Distributions for Stock Price](https://preview.redd.it/n0c7wpd627271.png?width=1387&format=png&auto=webp&s=d39b00db86c30ad4a58706ae47c9d80f6104e90a)
+
+They are very much bound to a specific stock price range which is derived through various psychological means from investors valuing that stock. This shows that individual stock prices do not span many orders of magnitudes, and in the eyes of Benford’s Law, is not accurate due to this .
+
+Volume has a lower standard deviation, as we can expect because it’s not hard to imagine that it’s easier for it to span orders of magnitude. But still suffers the same fate as stock prices due to being anchored by the float, among other reasons.
+
+# Conclusion
+
+So yes, you can use it when aggregating many stocks, but not for individual stocks in a short time span of 5 months, as it does not meet the order of magnitude logic\*.
+
+GME is being manipulated, it’s been shown many a time before - so just because Benford’s Law doesn’t work - no big deal.
+
+^(\*Noting, that if you use a wider historical length, you may satisfy this behavior of Benford’s Law as you have a better chance of witnessing "more orders of magnitude". But applying a small timespan e.g. when GME has been actively manipulated against it does not work for “fraud” detection due to the above.)
+
+^(\*\*Another note, I would have bothered with some stats tests, but I'm lazy. The last screenshot says it all from an observational perspective and from an S&P 500 perspective, sample size is more than sufficient (500 stocks \* 100+days).)
+
+I welcome your thoughts on the matter, interested to see if there are any counterarguments to this.
+
+Edit: Just wanted to emphasize that u/animasoul did a great write-up regardless! Thanks for testing the law in the first place 😊
+
+Edit: Updated some wording to clarify Benford's Law and orders of magnitude.
+
+Edit: Had a decent amount asking for the code, here it is. It's got not exceptions, so it'll break if you include a ticker symbol in *ticker\_ls* that yahoo finance API cannot find. It's also pretty slow. Wrote it in a few minutes, feel free to jazz it up.
+
+    import pandas as pd
+    import pandas_datareader as pdr
+    
+    df = pdr.get_data_yahoo('GME', start="2021-01-01", end="2021-05-30")
+    df.reset_index(inplace=True)
+    df = df[['Date','Close']]
+    df = df.rename(columns={"Date": "Date", "Close": 'GME'})
+    
+    for ticker in ticker_ls:
+        ticker_df = pdr.get_data_yahoo(ticker, start="2021-01-01", end="2021-05-30")
+        ticker_df.reset_index(inplace=True)
+        ticker_df = pd.DataFrame(ticker_df['Close'])
+        ticker_df = ticker_df.rename(columns={"Close": ticker})
+        df = pd.concat([df, ticker_df], axis=1)
+        print("Finished "+str(ticker))
+I'll retire early with a big nest egg, and draw it down to near $0.00 before I withdraw from my retirement accounts at 59.5, draw from my pension at 65, and collect SS at 70
+
+Looks like some real slim years in my late 50s. Anyone else's models look like this? Anyone else planning to spend down a nest egg in the "coast" years?
+
+Edit: SS at 70, not 72. Thanks for clarifying everyone
+It’s a tale as old as time. Buy the rumor, sell the news. These past few days everyone has been expecting a huge pump today because of the country’s legal tender news. Well, guess what? Crypto doesn’t care who or what tells it what to do. Especially not a subreddit.
+
+For years, this has happened not only here, but in the stock market. Buy the rumor, sell the news. I don’t know if it’s still not a known thing but geez, it should be by now.
+
+Anyway, hodl and don’t panic. This is hardly a dump.
+
+Sincerely, 
+
+Someone who expected the dump on a day everyone expected a pump
+Just wanted to say a big thank you for all the good advice and of course that flowchart!
+
+After many years of never seeming to have any money I found this place and boy it’s changed everything!
+
+It’s taken me about 18 months but I’ve finally got my debt paid off, an emergency fund set up and have just opened a pension.
+I never thought I’d ever be able to achieve this so I just wanted to say thanks to you all!
+
+Cheers all!
+Ledger's CTO saying he's not aware of anyone working on XVG integration here: https://www.reddit.com/r/CryptoCurrency/comments/8c0nme/verge_owners_are_now_selling_the_xvg_raised_for/dxbr3fd/
+
+Be careful guys, 18,6m XVG already left the fund to Binance and the Verge team said it's to pay Ledger. That's a massive red flag. Now also think that out of the 76m XVG raised, 90% of that was donated by Verge's partner, TokenPay. So, it seems they might be moving the funds donated by normal users to the exchange. I'm not saying this is an exit scam, but it looks bad.
+We are in Oregon.
+
+My dad's landlord approached him the other day and said she wants the house back to let her son use after the COVID eviction ban is lifted.  The problem is my dad is unable to work, has no savings and is convinced his disability is going to stop when he hits 62 and starts drawing social security.  Before going on disability his plan was to work until he died.  His disability comes from him going into a 6 day hepatic coma 5 years ago.  Before that he was an autobody tech.
+
+He is also the primary caretaker for my 16 year old sister.  Her mom is a deadbeat meth addict and lives in another state completely out of the picture.
+
+I gladly offered up room in my house, but he would only take it as a last resort.  My grandparents are willing to help him out until my sister turns 18, but that has its limits.
+
+What are some options I could point him to?
+
+=======
+
+EDIT: 
+Thank you all for your advice.  We are not in Portland, but not in rural Oregon, but one of the other cities.  I don't want to give more detail than that to prevent doxxing myself.  I'm sure you could go through my post history and figure out where I live.
+
+I let him know that his SSDI wont end when hes 62, but at normal retirement age.  This gave him some peace of mind.
+
+Sister is working on getting a part time job.  I am helping her with her resume and applications.
+
+Between his SSDI and the SSD for my sis he brings home about $2200 a month.  He got a really good deal on the house when he moved in and luckily the landlord hasn't raised rent on him since moving in so he is paying the original rent of $1225 for a 3br/1.5ba detached house with 2 car garage.  Similar houses go for $1700 in this area.
+
+I will admit his biggest issue is his pride and that he immediately jumps to the worst possible conclusions.  It took 2 days for him to even speak to anyone after his meeting with the landlord.
+
+Again, thank you all for replying and giving me ideas.
+I have a background in construction and have been looking at building new SFH and plex type units where I live rather than buying what is available.  The per square foot cost will be a little higher but the expenses will be significantly lower than the 50 - 60 year old units that I am finding currently and I believe I can rent them for slightly more money than the older units.  Does anyone have experience with this?  I'm currently in Fort Worth TX and am looking at building 1,200 SF houses in C to B class neighborhoods for long term holding.
+I'm 31, and have been at my current job for 8 years, working in a unique field at a small company \(25ish employees\) as an engineer who really can do almost everything at the company.  I've got an excellent relationship with my boss \(the owner\), and have a decent amount of pull when it comes to making decisions about products we work on.  
+
+It's a fun job, but being such a small company we don't get much for benefits.  Really the biggest benefit is a flexible schedule, I can pretty much come and go as I please.  That's HUGE for me since I've got two young kids, and my wife doesn't have a flexible schedule at all.    It'll also be a giant benefit when we move back to my parent's farm later this summer.
+
+There's no insurance or retirement plans here, but I'm due for a review in the next couple months and would like to push my boss to put money into a retirement account for me.  How do I approach him about something like that, and what kind of options are there for something like that?
+
+edit:  I should point out that I get dental and health insurance through my wife's work.
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
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+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
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+
+***
+
+Enjoy!
+
+Based off the hype around the ETF I have decided to post some of my analysis and comments here. Enjoy the walls of text
+
+
+
+My comment: I will be very very suprised if we get approval. These statements from the most recent amendments to the prospectus alone lead me to believe that it will not be approved and if it is, that no real market makers (people that could influence the price of btc) will actually buy in. These few quotes are pulled directly from the SEC filing. Not to sound like a prick, but as far as I can tell 99% of crypto traders have no fucking idea as to how the real market works. The follow quotes from the prospectus are literally just the tip of the iceberg of reasons for people NOT to invest in the ETF IF it gets approved.
+
+Here's the source link as well in case anyone wants to read through the 127 page filing a few times like I did. Link: https://www.sec.gov/Archives/edgar/data/1579346/000119312517034708/d296375ds1a.htm
+
+"Although currently bitcoin is not regulated or is lightly regulated in most countries, including the United States, one or more countries such as China, Icelandic, Vietnamese and Russia may take regulatory actions in the future that severely restricts the right to acquire, own, hold, sell or use bitcoin or to exchange bitcoin for fiat currency. Such an action may also result in the restriction of ownership, holding or trading in the Shares. Such a restriction could result in the termination and liquidation of the Trust at a time that is disadvantageous to Shareholders, or may adversely affect an investment in the Shares."
+
+"If regulatory changes or interpretations require the regulation of bitcoin under the CEA by the CFTC and/or under the Securities Act and Investment Company Act by the SEC, the Trust and the Sponsor may be required to register and comply with such regulations. To the extent that the Sponsor decides to continue the Trust, the required registrations and regulatory compliance steps may result in extraordinary, non-recurring expenses to the Trust. The Sponsor may also decide to terminate the Trust. Any termination of the Trust in response to the changed regulatory circumstances may be at a time that is disadvantageous to investors."
+
+"Potential conflicts of interest may arise among the Sponsor or its affiliates and the Trust. The Sponsor and its affiliates have no fiduciary duties to the Trust and its Shareholders, which may permit them to favor their own interests to the detriment of the Trust and its Shareholders."
+
+"The Sponsor has no fiduciary duties to, and is allowed to take into account the interests of parties other than, the Trust and its Shareholders in resolving conflicts of interest;"
+
+The Sponsor’s relationship with the Gemini Exchange creates an incentive for the Sponsor to sell the bitcoin it collects as its Sponsor’s Fee for U.S. dollars on the Gemini Exchange, which benefits the Sponsor’s affiliates through increased volume on the Gemini Exchange and which may negatively impact the value of the Trust’s remaining bitcoin;"
+
+I have plenty more points brought up in this filing that point towards rejection of the ETF or at least very minimal investment upon approval. All the people banking on a huge increase in the btc price upon approval have no idea how the actual market works. Having studied and worked (currently working) in market/financial analyst and analyst related postions for years I can tell you with a great degree of certainty that this ETF is not going to have a happy ending for anyone that invests in it. And FYI, anyone who thinks they can redeem their BTC for ETF shares and visversa, take a look at this quote relating to parties that are allowed to transfer btc to ETF shares and also shares into bitcoin (once again this is straight from the prospectus) "An Authorized Participant is authorized to serve as such under the Trust Agreement and pursuant to the terms and provisions of an Authorized Participant Agreement which it must enter into with the Sponsor, subject to acceptance by the Transfer Agent. Each Authorized Participant must be (i) a registered broker-dealer or other securities market participant such as a bank or other financial institution which is not required to register as a broker-dealer to engage in securities transactions and (ii) a participant in the DTC in order to enter into an Authorized Participant Agreement with the Sponsor on behalf of the Trust, subject to the acceptance by the Transfer Agent.
+
+In my opinion this ETF is a complete fucking joke based off of the filings. I'm not saying there won't be a rally in anticipation of the ETF nor am I saying there won't be a post approval rally (if it gets accepted), but in the end this ETF structure and make up will almost certainly be rejected, or if approved, will end in a very massive "sell after the hype" event.
+For people who FatFIREd already, what percentage of your networth was your salary in the year before retiring?
+
+​
+
+Edit: And what was your withdrawal strategy? 
+I was curious if others are willing to share their thoughts around legacy -- how you want to be remembered after you're gone.   My financial advisor asked me what my plans were, and I realized I didn't really have too much (other than setting up trust / will).
+
+* Family heirlooms -- we don't have too much, especially for boys.  Thinking to get them a krugerrand every birthday with a small letter to them about their year.  Just keep in safe deposit box.  Anything else that keeps value I could think to pass down to them?
+* Donor advised fund -- FI asked me about this.  Any recommendations?  Might be nice to set something up that the kids could maintain when I'm gone?  I'm really interested in helping equalize education for little kids (esp. in low-income) so maybe that's something I can set up that can be continued.
+
+Curious on others thoughts -- I'm not rich enough to have a building named after me.  I'm low-mid range of fatfi, so more like a bench :)
+
+thanks!
+I was asked by r/financial independence to post here instead. It’s been my dream to become FI since I was a teenager. I’m finally very close, if not there. 
+
+Here’s a little background:
+
+Live; Northeast with 2 kids, 9, 12.
+
+Wife: Teacher ($90k salary), pension $1,200/mo. when she retires. Won’t receive Social Security.
+
+Me: Partner in LLP ($650k draw)
+
+Debt 1: $0 - primary home (worth $600k), cars, credit cards all paid for. Not included in NW number.
+
+Debt 2; $800k mortgage- secondary home (worth 1.4M) principal not included in NW number.
+
+College 529 1; $126k
+College 529 2: $121k
+
+Expenses: $12k-$15k / mo. Includes taxes and insurance. Got a ways to go, but when kids move out it will go down by a few thousand.
+
+Investments: 
+
+$3.1M - 85% liquid, 15% tax deferred, mostly index funds and a couple managed accounts.
+
+$2.3M - paid out over 7 yrs (sale of a business) It’s guaranteed and in escrow. 168 payments start when I “retire”, aka, leave the partnership. I joined the company who I sold to and came on as a partner/owner. 5 year golden handcuff, halfway through.
+
+$100k - part owner of a building. It’s been paying $1,700 per quarter.
+
+My eye is set on “retiring” at 48, however part of me thinks it’s too risky. My worst fear is running out of money and eating ramen noodles every night when I’m 80. Been there, done that.
+I was talking to a friend from High School who is 64 years old and had achieved incredible career and financial success.  He was a senior executive at a number of very successful large organizations including a long-time role as a Senior Vice President C Suite role at a Fortune 50 Company.
+
+I told him I thought it must have been great moving up the corporate ladder and making all that money. He said, **"No, it was hell and incredibly taxing.  My move up the corporate ladder was full of workplace bullying, gaslighting, extreme office politics, inept managers, and jobs with impossible standards.  It sent me to a therapist, a sleep clinic, and divorce attorneys."**
+
+If you experienced extreme career success that allowed you to invest and save millions of dollars was the career challenge worth it?
+
+PLEASE.. Don't tell me that your success was just based on successful investments and discipline.  I am talking about true wealth only available to people who really had remarkable career success and made lots of money to put into those investment accounts!
+Hi Everyone - Been a lurker here for some time, and I really appreciate all of the perspectives in this group.  Have you guys looked at tax-managed strategies like this before? [https://www.fidelity.com/managed-accounts/separately-managed-accounts/tax-managed-US-equity-index-strategy/overview](https://www.fidelity.com/managed-accounts/separately-managed-accounts/tax-managed-US-equity-index-strategy/overview)
+
+It's an interesting model in that it's a strategy that is intended to simply track large cap performance while leveraging some interesting tax loss harvesting simultaneously.  I also follow the Bogleheads subreddit, and I feel like this straddles the fat/bogle world... What do you guys think?
+
+At the end of the day, I'm trying to avoid going with a full blown advisor (at the usual \~0.75%-1% wrapper fee), but I also see some merit in paying fees for strategies that have very clear payoffs (in this case, very meaningful tax loss harvesting).
+
+Thanks!
+I do some covered calls on a few things I have enough shares of. I don't have enough capital to do CSP at the moment. That being said I am trying to figure out what if any strategy is working with this market. My other two areas I focus on are SPACs and penny stocks but those are not doing well either. I know the market isn't like last year but just wondering how I might pivot and focus on one area.
+I really feel like I need a more formal education on some of these theta strategies.  Can anyone recommend a series or even YouTube videos?  I’m trying to avoid the Tim Sykes type stuff where they hit you up fir $2,000.
+SHF didn't close at $40 pre-split ($10 now) and they aren't going to close if it hits $10. As Mark Cuban told us from beginning, their goal is to never close. More shares are owned by retail today than when the price hit $40 pre-split.
+
+Sure some people sold over the last 2 years but if you look at every daily retail broker chart published (like Fidelity) and every monthly retail buy/sell ratio charts from the EU, GameStop consistently has more retail buys than sells by a large margin. It's safe to assume this is the case across all brokers who service retail investors. Retail positions have grown and will continue to grow, regardless of the price.
+
+Let's also look at the daily reported short volume, which is currently at 70% over the last 30 days and has been around 60-65% since the sneeze. If shorts are covering positions with more shorts, then they aren't really covering, they are 'can kicking" and the problem is compounding. Opening new short positions to drive the price down to try and close out old short positions, still leaves them with a short position and because the shares they created to open the new short position didn't come from a long-term holder, a DRS holder or a retail holder, they have now added even more synthetic shares.
+
+However, there is a major difference this time compared to the last time the prices were hammered down. This time, in addition to more retail strength, the liquidity pool has shrunk, GameStop has cash reserves, is on the cusp of profitablity, solid inventory, is reducing expenses and looking for acquisition opportunities. 
+
+To make it even worse for SHF, GameStop could announce a NFT dividend at any time! That thought alone has to scare anyone short GME. Their only play is to try and get old investors to sell and prevent new investors from buying. All these people fleeing Tesla and crypto are looking for a place to put their money and SHF don't want them looking our direction. They need GME to look like a bad investment to stay in and a bad one to get into if you haven't already.
+
+So just remember, the price is fake, shorts are in the worst position they have ever been in and we likely won't ever see $40 pre-split again but if we do, shorts still won't close and retail will continue to buy.
+
+As for me, I didn't sell at $350 pre-split, I didn't sell at $40 pre-split and I won't sell today (in fact I bought 100 more yesterday). I'm almost 50 and if I retire in 10yrs, my life wouldn't change if everything I have invested into GME is lost, but if MOASS hits before I retire, the lives of my entire family changes. True generational wealth! This is my chance to make a difference for me, my family and for everyone else who is being robbed by Wall Street every single day. I'm not leaving!
+
+The price is fake. Buy, hold, DRS and stay zen.
+During earnings season I have noticed that some of the 150 stocks I am following have had very large drops in the share price once earnings are announced that did not meet analysts' expectations.  These are quality companies that have great products and a long history of making money.  Though for one reason or another their earnings this quarter did not meet analyst's expectations.
+
+In my years of following the stock market, I find individual stocks and the entire market itself tend to overreact to both good and bad news.  Once investors calm down and determine that the company that did not meet analysts' expectations is still making lots of money, has great products, and has a profitable future, the share price quickly recovers.
+
+Is there any statistical analysis about the probability of a stock recovery after a huge drop in share price after an earnings miss?
+Been buying bitcoin every month since October 2017. Was making zero profits for the first two years. Kept on it, built a nice stack. Now my net worth is shooting up like a motherfucker. Im documenting my journey here for all you guys that are at the start of your journey or still on sidelines and wonderig if you should buy or not. Im telling you its not gonna be easy and you need to stack for a few years but its gonna be worth it! I can do it! You can do it! We are doing it 👌 have a nice weekend bros 👌
+
+https://er-bybitcoin.com/stacking-em-volume-9-february-2021/
+Every now and then, people on here think they have some “brilliant” thought about the markets. Often it’s something they believe no one else has thought of, and will make them money. And it goes both ways, bulls see a coming surge. Bears have analyzed the markets and “know” they’re in for a large dip. I claim that whoever in here believes he or she timed the markets,  is fooled by randomness. 
+
+Either way, let’s talk about one common trait among a lot of bearish posts in here...
+
+... They seem to imply we live in a proverbial vacuum. Every time the world doesn’t end, I see posts and comments along the lines “of only the Fed hadn’t X” or “if only the lawmakers hadn’t Y”. Well, ok, interesting theories, but we live in a developed world. Governments will always do X and Y, and institutions are always ready for Y. And if they’re not, the legislative bodies are ready to step in to fix whatever systematic faults need to be addressed. The whole market economy is just a set of laws and regulations, and those laws and regulations are being adjusted and amended all the time. Therefor, any analysis made on the assumption that the world will just stay passive when there’s a risk of it burning, is sloppy and irrelevant.
+
+“The Congress can’t just...”, yes they can. “The Fed can’t keep...”, yes they can. Same goes for the EU. Don’t underestimate the political will of the European Union member states. “They can’t save Italy should their bond yields skyrocket...”, yes they can and they will.
+
+**Tl;dr: Whatever laws and interventions needed to stabilize the economy and induce growth, will be set in place. Always. And the means of production in mature economies will manage.**
+Wasn't sure where to post this but I've been thinking about it a lot today. 
+
+I'm a front end manager at walmart which involves being over moneygram and other money transfer services. We get a fair amount of attempted fraudsters calling or trying to pick money up. But yesterday we had this woman come in who was trying to send 2900$ to India. The desk associate asked a typical questions like 'do you know this person' and the woman broke down and started telling her about this man who was on the phone with her, telling her he was in her computer and was going to clean out her bank account if she didn't send him the 2900.
+
+Apparently she had had some virus and for some reason went to an online geek squad site where this guy talked to her and 'refunded' her like 200$, but of course accidentally sent her way more than that and then demanded she send him the balance back or he was going to ruin her life and take all of her money, not just the amount he had given her. So she ended up sobbing at our counter afraid her life was about to be ruined. 
+
+Obviously we didn't send it, and I ended up telling her this story about when I was a teenager and was selling this guitar on Craigslist. A guy mistakenly sent me a check for like 3000 and wanted me to send him back the difference, minus a few hundred bucks for my troubles. She calmed down, I told the guy on the line to fuck off, and I think she ended up being alright. 
+
+Tl;dr/the point of the story: people always ask who is stupid enough to even fall for things like Nigerian prince scams or stuff like that, and it's really just sad older people who don't understand how technology works and they just get scared into making decisions they probably know they shouldn't. 
+
+Kind of bummed me out, sorry if this is the wrong sub.
+Hello, I am looking for advice. I am looking for good and ”cheap” dividend stock that I could buy. I get 3.000€ (3 132$) end of the next month and I want to buy some U.S stock that pays dividend and is pretty safe.
+
+I already have 110 KO (Coca-Cola) stocks in my portfolio. 
+
+I am holding LONG (+20 or 30 years)
+
+Should I just buy more KO or should I invest PEP or MCD or some other dividend company? Any thoughts? 
+
+Sorry about my bad english. I am not native.
+Well, here we are. After an exciting year in 2021, the cryptocurrency space is becoming a ghost town, like the elders from 2017 prophesied. 
+
+I am not just talking about prices, which has been depressed for a few weeks now ; the hype surrounding our ecosystem is fading. Google Trends clearly shows that searches for terms like "bitcoin", "NFT" and "crypto" are at their lowest level since summer, and the activity on this sub has been falling off a cliff. The Daily barely have 2k comments...
+
+But here's the deal : **I am convinced that, in a few years, people will look at that slump as a once-in-a-lifetime opportunity.** If you are still holding, or even better, DCAing, you're gonna make it. Well, probably.
+
+Every single person that was there in 2017 told me the same thing : those who bought and hold during the brutal bear market made insane amount of money when the bull came back. And, from a long-term perspective, there is a lot of reasons to be bullish. Ethereum will finally switch to proof-of-stake in about three months, Bitcoin has been hold surprisingly well against growth/tech stocks, a lot of new protocols are being worked on/launched, Biden basically told us last week the US will regulate - but not ban - cryptocurrencies...
+
+Could the prices get lower in the next few weeks? Absolutely. Inflation, war, recession : it's possible that we drill further down. But if you hold through this tumultuous period, you will emerge on the other side wealthier.
+
+It is in moments like these that characters are forged. I hope that in ten years you can look back on this time and be proud that you stayed true to your convictions!
+This is not Part 2, [but continued from part 1 of Part 1](https://www.reddit.com/r/Superstonk/comments/owpfc3/will_the_real_gme_bbemg_please_stand_up_part_1/). Please continue this from part 1 (of Part 1).
+
+# Part 1: Finkle Is Einhorn (cont.)
+
+# 2.3.0 The Legion of Doom
+
+What about other institutional investors?
+
+Lets look at a few other investment institutions.
+
+In the same vein as BlackRock, here are Bank of America and State Street Corp:
+
+​
+
+https://preview.redd.it/gcsepmrlh1f71.png?width=1225&format=png&auto=webp&s=f68da8656b20f4bb55875d8fa84c127fa2965fc3
+
+# 2.3.1 Vanguard
+
+Vanguard was difficult. I found an SAI [here](https://www.vanguard.com/pub/Pdf/sai040.pdf) (Investment holdings start on page 34). Since the “owners” of Vanguard are the investors, a general idea of ownership may not be impossible to determine, but precisely how much any one corporation owns is difficult to figure out. This SAI report shows all investors of Vanguard funds that have greater than 5% investment in that fund.
+
+There are multiple classes of shares in each fund (Admiral class, Institutional Select class, etc. as seen in section 2.0), without any obvious listing of how many of each type exist. Figuring out how much of the total Vanguard any institution owns may be difficult, but with other resources it might be possible. What I have created in the database for Vanguard ownership is a guesstimate. The players are correct, but the sizes should not be considered at all accurate (though I did try a little). Because it only shows investors above 5% in any one fund, if an institution (or person) were to invest 4.99% in all funds they would own 4.99% of the entire company (half a trillion investment), making them possibly one of the largest holders, yet they would never show up in a report of ownership. So take the sizes and even the players with a grain of salt. At best it’s not completely *inaccurate* and potentially representative. Regardless it shows that institutional investment is very large, and by the same companies that have investment in the rest of the market (Megacorp).
+
+BlackRock is suspiciously absent from the stated Vanguard investors. You would think the largest investor in the world would be heavily invested in the second largest. It is certainly true in reverse. Vanguard has 8% of the institutional shares of [Blackrock](https://finance.yahoo.com/quote/BLK/holders?p=BLK).
+
+However, as I showed in the map above of BlackRock (BR) it shows Merrill Lynch owning 44% of BR as an insider institutional investor. Merrill Lynch is a wholly owned subsidiary of Bank of America. The Bank of America/Merrill Lynch combo is the largest broker/dealer for Vanguard funds (page 54), and ML owns a sizable portion of Vanguard (page 40). So there is a link back to BR through ML/BoA. Not that that is necessary. Every other company that invests in Vanguard heavily is also owned by Blackrock. E.g. [Charles Schwab](https://finance.yahoo.com/quote/SCHW/holders?p=SCHW) has Blackrock as its second highest institutional investor (Vanguard is the highest).
+
+To the best of my guesstimate ability, here is Vanguard:
+
+​
+
+https://preview.redd.it/7x6zqsomh1f71.png?width=1225&format=png&auto=webp&s=cca835036e1a023761cbc78c6720f8052405f780
+
+These few companies are not a comprehensive list. They are *all* the same. Every single one. Every investment firm in the world that is publicly traded, and I suspect every one that is private.
+
+# 2.3.2 The Bestest Company In The Whole Wide World
+
+Megacorp ownership dominates every corner of our human existence.
+
+It owns all the places you shop:
+
+​
+
+https://preview.redd.it/qz4uks5nh1f71.png?width=935&format=png&auto=webp&s=4adfc2b98387dca18971bcf51e886e38664f4257
+
+It owns the grocery stores, the food manufacturers and even the farms that grow the food:
+
+​
+
+https://preview.redd.it/c78wz7xnh1f71.png?width=920&format=png&auto=webp&s=84a957000da25170431bfe4f0e754c849e07d568
+
+It owns the construction companies that build houses and buildings, the raw materials harvesters and processors (lumber, mining, oil, etc.) that supply them, and the companies that sell them:
+
+​
+
+https://preview.redd.it/vsq6l6eoh1f71.png?width=930&format=png&auto=webp&s=53e672cdd0baed532987b6a017d70637183d97a9
+
+When all of the major investing corporations are really just one investment corporation and that one investment corporation owns the majority (or super mega majority in most cases) of the voting stock of all the companies in the world large enough to make a blip, who really decides what choices our favorite companies make? Who decides who is CEO? Even if Megacorp isn’t directly represented at a typical board meeting, as a 0.69% owner of your “own company” do you say “no” to the 98% owner that puts the “black” in BlackRock? (I’m looking at you [Mr. Fink](https://www.wallstreetzen.com/stocks/us/nyse/blk/ownership).)
+
+**BlackRock Inc**
+
+|Name|Hold|Shares|Value|Type|
+|:-|:-|:-|:-|:-|
+|Laurence Fink|0.69%|1,058,506|$917.58M|Insider|
+
+​
+
+I'm not saying there's a conspiracy to say... control the whole entire economic world. I'm just providing evidence that supports the idea that if a group of people at the top of this mess wanted to, *they are all set up to do so*. Many of these investment firms and banks that make up Megacorp have been around for well over a century, some for [more than two centuries](https://www.oldest.org/structures/banks-usa/), owned by the same families that own them now (at least in part). (Compare the last four oldest banking institutions in that link to Megacorp).
+
+This investigation causes a few questions for me. Does someone (whatever "someone" means) own the entire world? If so, why? Is “greed” (in monetary terms) really applicable at that scale? It’s the entire planet; its resources, goods, services... everything looks black in the ownership map. What would be the motive behind such potential economic control of the entire world? And if its true that someone *already* owns everything, why the pretense?
+
+# 2.4 The Dogfight
+
+Does Megacorp mean there is no actual competition between say, Intel and AMD, or Big Five and REI, etc.? No, I do not think that is true at all. I think that all companies that “play ball” get to play ball. When a master owns many dogs, and he takes them out to play fetch, all the dogs chase after the ball when its thrown with everything in them, but only one brings it back. The dogs are in full competition at all times, vying for that extra treat, or pat on the head. No matter which dog gets the ball though, it always returns to the same master.
+
+In the same way, someone (person, group, family, group of families, Board of Supers, League of Extraordinary Gentlemen, whatthefuckever?!?) is making a buck off of (and potentially controlling???) every transaction in the world, from the bottom to top of the production chain in every industry.
+
+# 2.5 Monopolies Are Illegal, But Megaloogalopolies We Are Totally OK With
+
+With the massive shared ownership of Megacorp in mind, when I was trying to figure out Fidelity I came across this little morsel. According to the [Investment Company Act of 1940](https://www.law.cornell.edu/uscode/text/15/80a-20):
+
+>(c) **Prohibition on purchase of securities knowingly resulting in cross-ownership or circular ownership**  
+>  
+>**No registered investment company shall purchase any voting security if, to the knowledge of such registered company, cross-ownership or circular ownership exists, or after such acquisition will exist**, between such registered company and the issuer of such security. Cross-ownership shall be deemed to exist between two companies when each of such companies beneficially owns more than 3 per centum of the outstanding voting securities of the other company. **Circular ownership shall be deemed to exist between two companies if such companies are included within a group of three or more companies, each of which**—  
+>  
+>**(1)**  
+>  
+>beneficially owns more than 3 per centum of the outstanding voting securities of one or more other companies of the group; and  
+>  
+>**(2)**  
+>  
+>**has more than 3 per centum of its own outstanding voting securities beneficially owned by another company, or by each of two or more other companies, of the group.**
+
+Hmm. Well ain’t that a peach.
+
+# 3.0 Finkle Is Einhorn
+
+​
+
+https://preview.redd.it/lbfzlufph1f71.png?width=408&format=png&auto=webp&s=9003bf400d7c01afaab0f3763707c4531122e3a2
+
+# 3.0.1 Blackrock Is Citadel?
+
+**TL;DR for part 3.0.1**: BlackRock (The Big Long) is Citadel (The Big Short). They are two sides of the same Megacorp coin. One controls the longs, one controls the shorts, together they (and their incestuous siblings/clones/other doors to the same Megacorp company) control the entire market.
+
+Other than making a case for this statement, section 3.0.1 is not fundamental to the larger picture.
+
+\------------------------
+
+In the light of an appreciation for Megacorp, is Citadel just one more door into the Megacorp building? Citadel is a whole slew of companies; each one locked up tighter than a drum. It really is a castle. Who do the walls of this castle protect? I don’t know. In trying to find out I feel like I’m trying to scratch an itch I can’t reach.
+
+Scouring the internet I have found a few documents that link Citadel with Megacorp, and thus with Blackrock. I have not found the smoking gun that proves Citadel is just another head of hydra (aka owned by Megacorp), but I have found intimate links of company and money management jointly by Megacorp and Citadel.
+
+I think its important to look into this relationship. If Citadel is really just another facade for Megacorp, then Megacorp may be ultimately responsible for covering the shorts. If Blackrock and all of the other institutional owners are responsible for covering the shorts through Megacorp and institutional ownership of Citadel, than their shares are not “the Whale”, and they are not waiting to “profit” from the MOASS. They could even be an active part of the effort to keep MOASS from happening, using their long position as leverage. If direct ownership is established, it may even be that their long shares will go directly to cover the shorts when MOASS finally happens, meaning there is zero (less than zero really) actual institutional ownership in GME.
+
+[This](https://reports.adviserinfo.sec.gov/reports/ADV/148826/PDF/148826.pdf)[ is a sheet for CITADEL ADVISORS LLC](https://reports.adviserinfo.sec.gov/reports/ADV/148826/PDF/148826.pdf) that details funds that they manage. There are numerous funds here. I will pick one of the larger ones to illustrate some connections (page 156 in the linked document). This is one of many similar funds in this document.
+
+​
+
+* Fund name: [CITADEL 	MULTI-STRATEGY EQUITIES MASTER FUND LTD](https://privatefunddata.com/private-funds/citadel-multi-strategy-equities-master-fund-ltd/)
+* Type: Hedge Fund
+* Size of private fund: $66.7 billion.
+* Approximate owned by Citadel: 1%
+* Approximate owned by US citizens: 79%
+* [Prime Brokers](https://www.investopedia.com/articles/professionals/110415/role-prime-broker.asp) of the private fund (*a prime broker manages the fund*):
+
+https://preview.redd.it/9s68srlqh1f71.png?width=411&format=png&auto=webp&s=d9f8895ba515806eeaa44ecd5071373ce29fafe7
+
+* Custodians of the private fund (*custodian holds the 	assets*)
+
+https://preview.redd.it/innkdtjrh1f71.png?width=437&format=png&auto=webp&s=6af750b5d6c0ddb3ff59a62dcf8cbf35a96748b1
+
+* Administrator of the fund (*other than Citadel*)
+
+https://preview.redd.it/w6iweiksh1f71.png?width=437&format=png&auto=webp&s=0b1ccf5aa5d64d5b711fdcfe244f4c8023ade4c6
+
+This shows just one of the many funds like it that Citadel “manages”. It is completely owned by Megacorp. It is managed by Megacorp. It is held by Megacorp. And it is administrated by Megacorp. Included in this is Merrill Lynch (primary shareholder of BlackRock). Keep that in mind, I’ll get back to it.
+
+According to the FINRA profile for [Citadel Securities LLC](https://files.brokercheck.finra.org/firm/firm_116797.pdf) (page 5) their primary shareholder (75%+ ownership (which could be up to 100%)) is CSHC US LLC. There is no SEC report for CSHC US LLC, but there is an [LEI (legal entity identifier) report](https://lei.report/LEI/5493003L1TTLSPDRMU94). This shows (I believe) that CSHC US LLC is the big daddy Citadel parent company.
+
+(For more information about Citadel Securities see [Citadel Has No Clothes](https://www.reddit.com/r/GME/comments/m4c0p4/citadel_has_no_clothes/) by [u/attobit](https://www.reddit.com/user/attobit).)
+
+Looking up [CSHC US LLC](https://opencorpdata.com/lei/5493003L1TTLSPDRMU94) I find their main address is
+
+    THE CORPORATION TRUST COMPANY  
+    CORPORATION TRUST CENTER 1209 ORANGE ST  
+    WILMINGTON DELAWARE 19801
+
+Guess who else has that as a primary address:
+
+[BLACKROCK CAPITAL HOLDINGS, INC.](https://opencorpdata.com/lei/5493007UCDU4QX1ZZI35) and God alone knows how many other [Blackrock companies](https://opencorpdata.com/lei?q=corporation+trust+company+blackrock) and [other similar companies](https://opencorpdata.com/lei?q=corporation+trust+company).
+
+This is not proof of a connection. The Corporation Trust Company is the registered agent (legal representative) for *hundreds of thousands* of corporations. I wonder how many of them are owned by Megacorp.
+
+I am not providing evidence of anything other than a shared address of incorporation here. It does beg the question though, why are both of these companies incorporated at the same address?
+
+Due to very welcoming laws and lenient courts there are [many reasons](https://www.upcounsel.com/why-incorporate-in-delaware) to incorporate in Delaware; one of the biggest being the [privacy reasons](https://goremote.virtualpostmail.com/article/reasons-you-should-form-your-business-in-delaware).
+
+>Delaware LLCs are not required to list member names and addresses in their filings. Members and managers are only specified in the LLC’s operating agreement, which is private by nature. Therefore, ownership and management information is not recorded and available as public records. For asset holdings and protection, LLCs are generally the preferred way to go. Corporations can also be filed without listing shareholders, directors or officers on the public record if you were to make use of a third party incorporation service. However, every Delaware corporation is required to make a Franchise Tax payment every year and, in doing so, must list the names and addresses of the company’s directors and one officer. **Shareholders, however, do not need to be specified and therefore have privacy protection.**
+
+THE CORPORATION TRUST COMPANY is (I believe) the largest registered agent in the world. It is used ironically by those corporations that are the least trustworthy. Incorporating in Delaware allows a company to not disclose their ownership. So we know who owns Citadel, but we still have no way of knowing who owns the company that owns Citadel (CSHC US LLC) through this avenue.
+
+Looking at [this DD](https://www.reddit.com/r/Superstonk/comments/ns7k6q/could_gamestops_liftoff_unravel_corporate_junk/?utm_source=share&utm_medium=web2x&context=3) by [u/Get-It-Got](https://www.reddit.com/user/Get-It-Got) they look at shared interests between Blackrock and Citadel using [whalewidom.com](https://whalewisdom.com/). They say:
+
+>“Something curious about Blackrock ... you really have to dig deep to find anything other than long share positions. In fact, not a single one of their largest positions in $$$$ is in options. Take look: [https://whalewisdom.com/filer/blackrock-inc#tabholdings\_tab\_link](https://whalewisdom.com/filer/blackrock-inc#tabholdings_tab_link)  
+>  
+>Citadel, on the other hand, nothing but options as far as the eye can see. They love the shit (probably because it's easy to run complex shenanigans with derivatives).  
+>  
+>**It's almost like Blackrock and Citadel have this arrangement ... Blackrock buys and holds the shares then lends them to Citadel so they can short them, rehypothicate them, do all kinds of fuckery in options**, etc. to fuck over retail investors. Blackrock has Citadel by the balls, Citadel has retail investors by the balls, ya-da-ya-da-ya-da.”
+
+This also does not prove Citadel is Megacorp, or that Citadel and Blackrock are two sides of the same coin, *but it is evidence of that.*
+
+[u/gfountyyc](https://www.reddit.com/user/gfountyyc) was looking into a [BofA Citadel connection](https://www.reddit.com/r/Superstonk/comments/nm1d65/bank_of_america_and_the_citadel_connection/) and found a few tidbits of interest. They link to a [Statement of Financial Condition 12/31/2020](https://sec.report/Document/0001616344-21-000004/CDRG_StmtFinCndtn2020.pdf). On page 8 that statement says:
+
+>**Credit Risk**  
+>  
+>Credit risk is the risk of losses due to the failure of a counterparty to perform according to the terms of a contract. Since the Company does not clear all of its own securities transactions, it has established accounts with other financial institutions for this purpose. This can, and often does, result in a concentration of credit risk with one or more of these institutions. **A substantial portion of the Company's options, clearing and financing activities are with a Bank of America Merrill Lynell subsidiary ("BAML")**. These positions are recorded al fair value under securities owned on the statement of financial condition. **This results in a concentration of operational and credit risks with BAML.**
+
+This shows a clear financial link and possible shared responsibility for naked shorting between BofA and Citadel. Given the link between Blackrock and ML (BofA), and certainly a link between Megacorp and Citadel through BofA at the least, it seems that there is evidence that Blackrock and the rest of the long institutional (Megacorp) positions in GME are fiscally linked to Citadel’s shorts.
+
+As for Kenny Griffin; he is just the face on the door of Citadel. I don’t think that he is anything more than a Megacorp hire. He is doing the short selling he is told to do by that singular, market controlling entity. Any focus on Kenny, while fun, is a red herring.
+
+# 3.0.2 Apes Is GameStop
+
+What does the ownership map of GME look like?
+
+Here is the map according to wallstreetzen.com. Note that instead of white for Retail and gray for Insider I have made Retail light red, and Insider red; because its my program and I can do what I want to:
+
+​
+
+https://preview.redd.it/i14t9nwth1f71.png?width=400&format=png&auto=webp&s=4e1b6f06bac6e34d7d47a55554dfcfabc7172205
+
+However, I do not think this is the real ownership.
+
+I think that Megacorp owns Citadel, and I think that Apes own several times the entirety of the “available” stock. If I assume that the total shares sold (and bought by Retail) is the 21% listed on public databases plus two times more than the total legal shares sold (\~225M total shares and \~180M total Ape shares) and that Megacorp shares are going to cover the shorts, then the real GME ownership looks like this:
+
+​
+
+https://preview.redd.it/8sn4iheuh1f71.png?width=450&format=png&auto=webp&s=a61ec4c5799c97dbe4eb2e966767f0ba359b0624
+
+This would make GME unique (in all the world) in that it has no Megacorp ownership, meaning no leverage, meaning GME can do whatever the fuck they want.
+
+It also means we own it.
+
+**TL;DR AKA Key Takeaways:**
+
+​
+
+1. There is only one company in the world. Its name is Megacorp.
+2. Citadel is BlackRock, BlackRock is Citadel, Citadel is a Scam.
+3. When [Marge calls](https://www.investopedia.com/terms/m/margincall.asp), there may very well be a fiscal responsibility between the institutional longs and the shorts. That means that in order to 	get the most juice from the squeeze, Apes will need to hold not only the float, but also all of the institutional long position as well (+30M shares); a total of about 50-60M shares.
+4. We own GameStop
+
+This is Part 1 of a much longer, and quite frankly much more eye opening (than this part) report. Part 2 will be soon as it is nearly complete. Part 3 is going to take a while to finish, but I’m working on it.
+One of the reasons I'm aiming for a lower SWR (2%) is making sure my children's financial future will be good enough, and to facilitate them getting FIREd, too. Yet I fear making too many sacrifices in vain. I know about 30 very wealthy people and not a single one of them can trace his wealth from his great-grandfather. Is this really financial irresponsibility in the majority of the cases, like TMND makes it look like? 
+
+I'm always impressed when I remember that my great-grandfather was very rich, but lost everything (including wealth, children and his life!) on second world war, and how my grandparents didn't have the easiest of times. Doesn't this happen everywhere all the time, every hundred years or so? Am I over-generalizing my family's history in saying that black swans dominate how wealth is passed on?
+
+If so, isn't it a better strategy for those seeking FI for himself and his family forever to have a bigger SWR (4-5%) and big chunk of wealth (you can call it black swan's stash), just laying around in things that can withstand big crises, like gold, a piece of art or (maybe!) cryptocurrencies, so that whoever faces a crisis can get things back on track with ease?
+
+Thanks!
+Sup guys,  
+
+I just want to give everyone a heads up that shits about the get real in so many ways and YOU are here early.  Yes, you, the guy that bought in December and thinks you'll never recover from all your losses.
+
+Let's go over a few of the things we know about.
+
+1.  The top talent in the world are leaving their old tech/finance jobs and entering blockchain.  Everywhere you look, we're seeing this.  From hedge fund managers, to JP Morgan/Goldman Sachs execs, to Google execs.  Gee golly, why are the most talented and intelligent people in the world entering crypto? 
+
+2.  Banks are diving balls deep into crypto (mostly behind the scenes).  First the banks ignored crypto, then they laughed at crypto, then they attacked it by calling it a "scam."  Now they're acquiring exchanges (Poloniex), about to open trading desks, investing in projects (Digital Currency Group), and are in a race to get in before their competitors.
+
+3.  Custodial Services: I cannot overstate the importance of this.  As I've written before, Coinbase is going to be at the forefront of mass adoption and are going to play a key role in all of this.  They've recently been hiring INSANE amounts of management positions, engineers, and something around 500 new customer service reps.  This is because they're about to roll out their custodial program where every credit union and some participating major banks are going to offer their crypto index fund to their customers.  Baby boomer (and Gen X) Mom n Dad are going to walk into their local credit union to talk to their financial advisor and he's going to offer them a new product that is extremely volatile, however, got a return of about 1000% last year. He's going to suggest 2-5% of their portfolio would be ok to invest and these coins are going to be insured; They will never have to trade for crypto or make accounts on sketchy exchanges to get them, just gets their broker to buy them like any other financial product.
+
+4.  The demand for OTC crypto is insane.  This is why you see Gemini and Coinbase starting their own Bloc trading services.  Who and why is there so much OTC demand?
+
+5.  Liquidity is about to blow up.  If you don't understand what liquidity does for markets/coin value, do a bit of research.  The exchange union is coming, where the participating exchanges share liquidity.
+
+6.  Because of this future liquidity, traditional securities (company shares, bonds) and commodities will be represented by crypto.  This one's going to take some time, but you can see the writing on the wall here.  This is going to be where crypto is in full-fledged mass adoption-mode. 
+
+
+Unfortunately back in December/January crypto wasn't quite ready for the explosion that happened. Exchanges had to freeze trading, not allow new sign-ups, not enough service reps, low security on exchanges, and the tech in general wasn't quite ready but things are changing this year, 2018.  Sit back, open a cold one with the boys, make love to your smokin' hot wife, go play catch outside with your kids, and enjoy yourselves because we're about to witness history - And your all a part of it my friends.  Cheers!
+
+
+
+
+A driver ran into my car. It is clearly his fault and he admitted at the scene. He put in a claim with his insurance company and admitted fault to them as has 3rd party insurance. I confirmed with his insurance company that they agree with the liability and they said "all good, they just have to pay excess before we can arrange repairs to your car". His insurance company is totally on our side on this.    
+Here is the problem. Two weeks later and they still haven't paid the excess even after the insurance company has send multiple requests. I'm pretty sure it is not because they can't afford it, they are just being slack or difficult.   
+   
+So what can I do here? Can they just keep refusing to pay forever? Can the insurance company force them?
+I use several different brokerage accounts, but had a small taxable account in Betterment as a trial and it has been doing pretty well. I had an old 401k from a previous employer and didn't know exactly what to do with it, so I decided to roll it over to a Betterment IRA 6 months ago.
+
+
+6 months later, all Betterment has been able to do is lose $500-600 on my $86k in this IRA, in addition to charging management fees. Seems a bit odd. If I had invested that in VTI for the past 6 months it would be up like over $6000. I'm using VTI as an example here because it's the ETF with the highest allocation (~30%) in the Betterment portfolio.
+
+
+My taxable account is doing great with the same exact investments, so I called and they assured me nothing was wrong with the account.
+
+
+Long story short: I could have thrown a dart at any large cap ETF and had better returns in the past 6 months. Does anyone here have any similar stories with this broker?
+I'm an analyst and python developer and have been interested in trying to build an algo bot for fun and learning. I love playing with pandas and graphing libraries. I really love Flask.
+
+Is it possible to make money with just a simple bot that watches like RSI / MACD/ Bollinger bands on something like SPY, and buys and sells when limits are reached? Or do bots need to be much more complex? I'm just trying to gauge what's possible.
+
+I'm not a super-mathlete, so that has me a little concerned. But I know my way around Python and have been data wrangling / making dashboards for a long time.
+
+I'm looking at using pandas-ta for the TA.
+
+Thanks for any insight and advice.
+Hi,I've been working at an HFT firm for around 2-3 years now, and I've come to know the level of advantage HFTs have over retails traders. I've already come to a realisation that there is no point in running strategies that trade at secondly frequencies as a retail trader.
+
+I've heard a lot of stories about a lot of successful retails day traders, who trade different kind of securities and get decent returns out of them.
+
+So, I've been studying and researching different kind of trading strategies and trying to build a portfolio of strategies to earn at least 3-4 times the standard interest rate provided by the banks. I've read a lot of books and have enough knowledge about the common trend following and mean reverting strategies. I'm also aware of a lot of technical indicators as I've explored the talib library available for python. But, now, I've reached a stage where I feel like I know a lot of book-ish things but I'm quite not able to convert them into profitable working strategies. I've also backtested and deployed a few strategies, but it is difficult to execute them precisely, and the slippage kills the profit significantly. And, even when I'm able to execute them nicely, their biases towards trending or sideways stocks make them unprofitable ultimately because of a couple of stocks. For example, I've tried out open gap reversal strategy, but I realised that I was not able to get fills at the open price in the stocks which were supposed to be profitable, and I was mostly getting the fills in the ones that were going to loose. In the backtesting, where I assumed to get fills at open price all the times, it showed really good sharpe ratio. I've also tried out pair trading and other common stat arb strategies, but apparently I'm not able to get the fills at the expected prices, because of the common alpha and adverse selection. I've also realised that when there is a really good sharpe ratio in backtesting, there is something wrong with the backtesting :(
+
+I've already built a system in C++ using a broker's API, and I've access to second by second l2 order book data feeds for the Indian market. The order ack latency is around 80-100ms in my case. I also have the second by second l2 data recorded for the last 6 months for liquid stocks and futures, but I'm really clueless as to what to do with it and how to mine good strategies out of it.
+
+So, above is what I've done so far, and as I'm a software engineer and I've not really worked as a quant trader so, I don't know much about it, and, I'm looking for someone to guide me through the difficulty of not being able to use my system or the data in a profitable way due to my lack of advanced quant knowledge or something. I just want to know what kind of strategies I can test on the second by second l2 level historical data (of course I don't want to increase the number of trades, but I believe that using second by second data gives better entries and exits than just minutely candle sticks). And, how to select stocks that are best suited for any particular strategy. Because, I see that some strategies are quite profitable on some days, and then comes one day, when a stock moves up or down significantly or just don't move at all, and it eats away a huge chunk of my profits. So, ultimately all of the strategies seem to turn out unprofitable. I've tried to select stocks based on their volatility or volume or previous returns, but they're not quite working out.
+
+Any inputs are appreciated, and if you want to know anything more about me to help me then please go ahead and ask.
+Yes you should definitely know about your option fundamentals to get into trading options. However, real life situations will teach you so much more than any guide. I'm the dude who last week bought his first options (MSFT April 29 300 Call options at 3.05). Today I sold them for 0.52 for a pretty loss. 
+
+I learned what an IV crush actually is and the implications of it. 
+
+I learned about the power of theta decay. 
+
+I learned not to chase options (could have sold for 1.5 yesterday but held on for earnings).
+
+And finally I learned that a stock going up does not necessarily mean the price of the option will also go up.
+
+That is all, see you at my next loss or gain.
+# Introduction
+
+It's obviously not an ideal situation to be approaching retirement age without enough money to retire comfortably, but if you find yourself or a loved one in this situation, it's important to approach it pragmatically, gather information, and put together a plan sooner rather than later.
+
+This guide is aimed at two groups:
+
+1. People who are 50+ years old with insufficient or borderline retirement savings.
+2. Concerned relatives of an older person or couple that *may* have insufficient retirement savings.
+
+A lot of this information is US-specific, but the general principles will apply well to most developed countries. I've included some resources for other countries and if you have more information for your country, please leave a comment below.
+
+# Gather information and assess the situation
+
+It's important to avoid making assumptions. Some people forget about an old 401(k), IRA, or pension from years ago. It's unlikely that any "found money" will be significant, but every bit helps.
+
+- Assess projected social security benefits on https://ssa.gov/ for each person including any [ex-spouse](https://www.ssa.gov/planners/retire/divspouse.html) or deceased spouse that may qualify the person for benefits (i.e., [survivors benefits](https://www.ssa.gov/benefits/survivors/)). Also apply for Medicare, Medicaid, and any other assistance programs if applicable and eligible.
+
+- Gather information on *all* savings, investments, pensions, annuities, home equity, and any other assets. Make sure savings and investments are appropriately allocated between savings and conservative investments (covered in the [PF investing wiki](https://www.reddit.com/r/personalfinance/wiki/investing) and ["How to handle $"](https://www.reddit.com/r/personalfinance/wiki/commontopics)).
+  - [How to find an old 401(k)](http://www.401khelpcenter.com/faq/faq_39.html)
+  - [How to find an old pension plan](https://money.usnews.com/money/blogs/planning-to-retire/2015/09/25/how-to-find-a-lost-pension-plan)
+  - [What should you do with your home equity in retirement?](https://www.morningstar.com/articles/875445/what-should-you-do-with-your-home-equity-in-retire.html)
+
+  Check and verify everything. Make sure that you check each and every job held in the past to see if there is a retirement account that wasn't tracked. While it might not be enough for everything, even a small increase can improve the overall situation.
+
+- Gather information on current spending level and debts. It is never too late to [start a budget](https://www.reddit.com/r/personalfinance/wiki/budgeting) and see whether spending aligns appropriately to the financial situation. Also compare current spending to expected retirement income and spending levels.
+
+- For most people, retirement income comes one or more of the following sources:
+  - Social Security income
+  - Pensions (defined benefit plans)
+  - Withdrawals from retirement accounts (defined contribution plans), investments, and other savings
+  - A working spouse or partner
+  - A part-time job
+  - Real estate, business, or other income
+  - Financial help from other family members
+
+  In particular for withdrawals, it's important to understand and apply the [4% safe withdrawal rule](https://www.thebalance.com/what-is-the-4percent-rule-in-retirement-2388273). If most income will be coming from withdrawals and Social Security, assess savings and investments using the [age-based benchmark recommended in this article](https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire). Progressively more and stronger corrective steps need to be taken the further below those benchmark numbers an older person is.
+
+# Corrective steps
+
+- Continue working as long as possible or find ways to increase income.  Make catch-up contributions to IRA(s) and workplace retirement plans, HSA if applicable, etc. as per "How to handle $" which applies as long as someone is working.
+
+- Aggressively reduce costs and/or sell assets if necessary: Downsizing a home, moving to a more affordable area, living with relatives, renting out rooms, you name it. Don't ignore the little things like subscriptions and make sure every dollar in the budget is going to a good purpose. Everything will help reduce the total needed on a monthly basis which adds up quickly over the years. Any small change now can reap huge benefits when looking at the years ahead.
+
+- Generally speaking, if projected retirement income is insufficient compared to projected retirement spending, it becomes necessary to continue working for more years, reduce spending, increase income, receive financial assistance from relatives, or some combination of those measures.
+
+  In particular, working longer provides a quadruple benefit:
+    - While average incomes drop slightly after the peak earning years of 45-55, earnings remain high for most people, especially compared to the early career years of one's 20s and early 30s, maximizing the ability to save more money for retirement.
+    - Any existing retirement investments have more time to grow.
+    - It shortens retirement length.
+    - And it increases the social security benefit.
+
+- If it seems like it will be necessary for family members to render monetary assistance, plan for it now. Children or other relatives who know they may need to help support an older relative can start saving earlier. Planning for this in conjunction with other changes to the lifestyle of the key person or couple can dramatically improve on the worst-case scenario. Look at options such as living with a child or relative (and ensure there will be adequate living space for that in the near future). Ensure that everyone involved is included in any plans will help reduce the odds of awkward conversations and disappointment. Having conversations when it is too late to change course is not a good idea.
+
+- If it's not possible to continue working, more drastic steps may be necessary. Some examples:
+  - Selling an expensive financed car and buying an older used car.
+  - Selling a home that is years away from being paid off and beyond what an unexpectedly retired person can afford to keep.
+
+- Consider getting [professional help](https://www.reddit.com/r/personalfinance/wiki/financialadvisors) for complex situations.
+
+# Resources for other countries
+
+Country | Resource
+-|-
+Australia | [Age Pension and planning your retirement - Australian Government Department of Human Services](https://www.humanservices.gov.au/individuals/subjects/age-pension-and-planning-your-retirement)
+Canada | [Retirement planning - Canada.ca](https://www.canada.ca/en/financial-consumer-agency/services/retirement-planning.html)
+UK | [Checklist – preparing for retirement - Money Advice Service](https://www.moneyadviceservice.org.uk/en/articles/checklist-things-to-do-as-retirement-approaches)
+
+# Other resources
+
+- [How to Provide Financial Help to Aging Parents](https://www.kiplinger.com/article/retirement/T013-C000-S002-how-to-provide-financial-help-to-aging-parents.html)
+- [National Council on Aging: Resources to help seniors stay independent](https://www.ncoa.org/older-adults-caregivers/)
+- [The Fidelity Retirement Score](https://communications.fidelity.com/pi/2015/retirement/)
+- [PF Wiki: Estate planning topics](https://www.reddit.com/r/personalfinance/wiki/index#wiki_end-of-life_and_estate_planning.2C_death_of_a_loved_one)
+
+---
+
+Thank you /u/amessofstress for originally suggesting this topic and thanks /u/CripzyChiken, /u/lawdogwm, /u/minorcommentmaker, /u/ElementPlanet, /u/Mrme487, /u/ejly/, and /u/yes_its_him for all of your feedback and suggestions.
+https://www.cnbc.com/2020/12/18/fed-to-allow-big-banks-to-resume-share-buybacks-with-limitations.html
+
+The Fed announced on Friday that it will allow the nation’s largest banks to resume share buybacks in the first quarter of 2021 subject to certain rules.
+
+The partial relaxation of its buyback ban came after the Fed’s second round of stress tests in 2020.
+
+JPMorgan Chase announced in the minutes after the Fed’s test results that its board had approved a new share repurchase program of $30 billion.
+
+It is time to buy big banks after this news. JPM is the best beneficiary together with strong trading revenue. It is the best recovery play within the financial sector.
+I know a lot of us are using Walmart+ for ordering groceries. I got an email from them titled "This weekend only! Special member-only offer inside" that I almost deleted but decided to read before I did. Good thing I did as it had a $10 off $15 walmart.com code {Member10} inside for Walmart+ members! Wanted to share here and help others out hopefully.
+Is it good idea to rent when rent is $1300/month and mortgage is around 2000/month. I am from Lancaster PA. 
+
+I will be living here for more than 5 years.
+I never dreamed I would have this much money at my age. I grew up in a low-income household in the south. I spent a few years in a single parent home. I remember sharing a bunk bed with my younger sibling in a 700 sq foot apartment. I remember constantly worrying about money.
+
+I still worry about money. A recent post talked about anxiety with money, and it described me perfectly. I still look at prices before ordering food at a restaurant. I still work multiple jobs to increase my income. Although I struggle with anxiety, I hope my story can provide some inspiration.
+
+I read my first personal finance book at age 10, Rich Dad, Poor Dad. I knew two things: I was poor and didn't want to stay that way.
+
+I married my wife several years ago right out of college. I attended college at a location where I could graduate with minimal debt. We graduated with about 20K in student loans. We lived with my parents and paid off our loans in a few months. In 2013, we were making 75K combined between both of us. We bought a conservative house based on our income (Cost of 189K). One of my only regrets is not buying a bigger house in 2013. (I was convinced we were about to have another recession.)
+
+In the past five years, I went from a -20K net worth to 200K. We had two kids during this time, and my wife stays home with our children now. I know most posts on this sub display the extremes of people trying to reach FI ASAP. I know having children early in life is not an ideal financial decision. I know I am losing income by having my wife stay home. However, I still built a sizeable war chest with these factors.
+
+My current net worth is 160K in investments and 40K of home equity. I only have 50K in my 401(k), the rest are in a brokerage account or in Roth IRA's. I know this is not the typical path, but I think most people of the FI community focus too much on "saving money on taxes." My effective tax rate was below 10% for most of my career so far. I'd rather have 90K of money I'd already paid taxes on than 100K of money in a 401(k).
+
+I have been promoted multiple times at work. I work for a large company with great potential. I also live in a LCOL area with a 20 minute commute. I work as a freelancer on the side in addition to my day job. Since 2013, I have increased my income from 40K to 95K. I am in line to get another promotion in the next year or so which will increase my income to 110K. I do not plan to enhance my lifestyle once I get another promotion. Working at a growing company is an excellent way to boost a career. Much easier to get promoted when your company is making money.
+
+My plan is to quit corporate life once I hit 500K or 600k. My projections currently have this point around the age of 33 - 35 depending on the input rate of return. I want to continue working on my own accord at that point. Maybe some freelancing, maybe some Barista FIRE. I just don't want to sit in a cubicle my whole life.
+
+I know this is not the most exciting story to read, but I am happy to answer any questions. I also know 200K at 27 is not the most impressive number on this sub. However, if I can make it to this point at this age, anybody can with enough forward planning. Happy to answer any questions. I don't live on my phone, so there may be a few hour delay in my responses. 
+After 1.5 years I still enjoy trading and am making progress, but tired of the excitement. How did you learn to stop the go-go juices? 
+
+I would like trading to remain interesting, but maybe become somewhat monotonous at the same time, if that makes sense.
+
+Background: I scalp the es using the pats strategy. This morning I had a 16 minute scalp and, as usual, was fixated on every tick.
+Pretty much the main reason you would use a challenger bank like starling or revolt is because of the app, yes don’t get me wrong there’s lots of other great features they have which high street banks don’t have but the main reason for using one is how much better the app design and functionality is. So why don’t high street banks invest money into making their apps better? wouldn’t this almost completely make challenger banks redundant? I don’t know about all banks but from what i’ve used HSBC, Lloyds + Halifax and Santander they all have awful app design and the only reason i use challenger banks is because the design and functionality of their apps is miles better. Why don’t high street banks invest in their apps?
+My current portfolio:
+
+30% BTC
+10% ETH
+5% LTC
+
+The rest is spread between the following:
+
+TRX
+
+SUB
+
+REQ
+
+WABI
+
+POWR
+
+QSP
+
+My plan was to buy and simply hold the portfolio for about a year, then pull out the initial investement and redistribute. When I researched these coins they all seemed like good promising projects, and they still do. They've yielded growth for me so far but I'm still sitting with a bad feeling of FOMO because I want to get a foot in IOTA, ENJ, XRP and NEO as well. (And I suspect in a month's time there will be even more). But I also know that spreading it thin will probably make less return.
+
+When diversifying, how low of an investement do you guys feel is the "minimum" to make it worthwhile?
+
+How do YOU deal with the feelings of missing out?
+For me it was X11 (XC) coin.  I got in a little too late but still saw some profit.  Then they had slow blockchain issues, bubble peaked and it crashed hard on mintpal.  Usually I try to be smart and not to buy after a price spike.  Lost about .7BTC on it.  Overall still in the green with my other coins but it stung.  
+Are there any redditors here who saw 30's market meltdown in USA? The [black Tuesday](http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929)? 
+
+I just read Noam Chomsky [interview](http://www.truthdig.com/report/item/noam_chomsky_has_never_seen_anything_like_this_20100419/) and he said "Never Seen Anything Like This" and he remembers depression era and said "but in those times , we had hope". That's kinda shocking to read.
+
+So if this 2007-2009 market crash is blamed on Real-estate bubble and market derivatives trading (designed to fail and traded with pensioner's municipal bonds, retirement funds? and they getting away with it ?) what was the 30's crash credited on? what was the hope among people which made them believe they will recover from it?
+Alright boys and gals, the DD on this sub has been sorely lacking for a while now so time for me to rectify the gap. I’ve been meaning to write this for over a month now and in that time the SP rose 33% and IMO it’s still got room to grow. Not financial advice, DYOR etc. 
+
+**Ticker:** AFL
+
+**Current SP:** 0.42
+
+**Market Cap:** 25.84 million
+
+**What do they do?** 
+
+AF Legal - a Family Law firm with offices in Sydney, Melbourne, Brisbane, ACT and now WA. They basically do all the yucky legal stuff that comes out of divorce, or those property-type disputes that happen when your wife’s boyfriend claims you owe him rent for sleeping on his couch. 
+
+Their ‘pitch,’ or point-of-difference, is that they use data-driven analytics to determine where their customer-base is, and then organically grow through digital marketing strategies and targeted acquisitions. This is pretty new stuff, at least for the legal profession, as in my experience (source: AM a lawyer) most law firms are very old-school in terms of customer acquisition even when operating at scale. Most firms grow from small businesses that rely almost entirely on customer retention and acquisition through relational means (ie. “My best mates cousin said you screwed his ex-wife over in their divorce, can you help me get >50% of our valuable beanie baby collection?”).
+
+Do I think that’s significant enough to invest? No, not really. But it does indicate to me that their planned acquisitions (which they seem to be foreshadowing a lot) won’t fall over immediately because the customer-base is there. I also don’t really need a flashy reason to get involved in this one anyway; IMO the fundamentals are there and the USP is just a nice-to-have. 
+
+**Financials:** 
+
+Revenue of $7.03M in FY19/20, compared to $429K in FY18/19. 
+
+Profit in FY19/20 of $324K, compared to loss of $1.2M in FY18/19. Their biggest expense is employee benefits ($3.5M) which to me seems reasonable; most operating expenses for law firms are tied up in employee payments (it IS a service industry). 
+
+As of July 2020, they had roughly $1.5million in cash/equivalents, and around $7.9M in equity. Importantly, they don’t seem to be getting themselves into massive amounts of unserviceable debt, nor going in the wrong direction compared to FY18/19. 
+
+Their first quarter for this FY showed a continued growth in revenue of 34% (compared to the same period last year), and gross profit up 74%. 
+
+All in all, we’re looking at MASSIVE growth in terms of revenue and a fast turnaround from loss into gross profit. I don’t think we have to worry about shit like capital raises which also stabilises the SP.   
+
+**COVID Impacts**
+
+So the legal profession was significantly impacted by COVID, but for most firms (depending on your area of practice) this was only for a short period before bouncing back, and in some cases to levels higher than pre-COVID. Most courts shut down after the restrictions hit, but then within a month or two were back at full operating capacity through utilising online hearings or other means. Basically people will ALWAYS need lawyers and COVID hasn’t changed that. Some of the smaller firms have gone under which has meant that the larger firms (like AFL) can capitalise; by buying clients from dead firms, or hiring cheaply from a larger-than-normal pool of staff. 
+
+Also, the area of law (Family) is relevant, as there will be an increase in demand for those services during/post COVID, and in fact we’re already seeing it. People locked in with each other has meant the death of more relationships, increases in family violence, and people with more time on their hands, which can only be good for business! It’s fucking grim, but welcome to the world of the law. 
+
+**The chart:** 
+
+It looks like this: 
+
+https://preview.redd.it/oepek7vod4z51.png?width=2184&format=png&auto=webp&s=7cffcfcfa3d63df780c2a8a5ef3c0a72cdc69fde
+
+Am I good at technical analysis? Fuck no. Am I also happy to look at squiggly lines? Yep. (Also, bonus: they look like they’re going up!)
+
+**Outlook:**
+
+The most recent announcements from the company have all been about growth; they opened a new office in WA, and most recently in Melbourne’s North. Overall, I think things are looking good, and I don’t really see any significant market events that could shake investors faith. IMO the SP is going to reflect continued growth. I don’t think it will spike or plummet, and is more likely to be one of those solid plodders, that just slowly grinds up over time. That’s my kind of investing babyyyy!!
+
+TL:DR  🚀 🚀 🚀
+Hey Fam,
+
+Has any one ever done NoFap ? I haven't jerked off in approx 17 days since 9th Jan... I have deployed more cash into the stock market than I have in the last 2+ years. Normally I browser on AusFinance but I feel like there's just to much estrogen in the community which is holding me back... I had a vision to find a wife and purchase a home with little debt but over the last month I decided to fuck that off... I can loose a home, a wife, be paying child support but I will never lose my stonks and bro's in this community...
+
+My recent investment is into ASX:AGC 🚀🚀🚀🚀, I feel like this will easily be a 10x bagger if not sometime soon in the future be another Saracen Minerals a 40x bagger... If I do end getting 10x bagger from FFT 🚀🚀🚀🚀 or AGC 🚀🚀🚀🚀 I will host a fucking party at Melbourne with strippers...
+
+I decided to grow a pair of balls and try to get rich the quick way or die trying... I no longer feel any emotion when I place a order, before then I would be shaking due to the doom and gloom from AusFinance. Being on this community has given me the courage and balls to place bets...
+
+🚀🚀🚀🚀🚀 🚀🚀🚀🚀🚀 🚀🚀🚀🚀🚀 🚀🚀🚀🚀🚀 🚀🚀🚀🚀🚀 
+TL;DR - me pretending to be an analyst. If you just want a summary, skip everything that's not in bold letters.
+
+(Update: updated disclaimer, and my trading styles to make it simpler and clearer.)
+
+**Disclaimer:**
+
+**If you disagree with me, constructive feedbacks are always welcome. Please don't just buy stonks because I think they are good. If you like the stonks that I like, you buy. Otherwise, you don't. Keep it simple.**
+
+**I'm NOT A FINANCIAL ADVISOR.**
+
+​
+
+Whenever I feel like I need to re-evaluate certain stocks in my portfolio, I'll publish my personal opinions on the stocks I review. It's not DD. It's my simple thought process for what to do with the stocks I hold. If enough people request DD on a particular stock through DM, I'll do a proper DD on it.
+
+Something you should know about my playstyle:
+
+* I only buy and hold until I don't like the stonk. I don't do options, and never go short on anything. I'll buy and hold as long as something about the company fundamentally changes.
+* I used to be big on fundamentals and values. However, my current trading strategy places more focus on intangibles (mostly potential), because I think that's how the market works these days. If the company has real fundamental problems, I won't touch it. I consider things like how expensive the stonk is compared to its EPS, but it does not dictate my decision.
+* I **mainly** like 2 types of companies: 1. ones burning money doing research (I like my lotto plays), 2. ones growing exponentially. 
+* I really really like buying stocks during its accumulation period. Money keeps flowing in, but the stonk not moving up a lot? Me like.
+
+My stock buying checklist:
+
+* **Hotness:** is the company in the industry where I think is booming or will boom?
+* **Explosiveness:** do I think that the company has a potential? (investor sentiment, products in pipeline,  exponential revenue, profit growth)
+* **Dudness**: do I think that the company will survive to realise the potential? 
+* **Price:** is it at a good buy point? Make sure that it's not heated up too much temporarily.
+
+So, you see, I try to **buy the bomb, and not get ripped off by the arms merchant.**
+
+​
+
+**$CSL: HOLD. Moderately bearish. I like the underlying stonk.**
+
+TL;DR - Hard to tell whether it's cheap or expensive. I just think that the underlying business model and the company's track record are rock solid, and is a great long-term play. I'm not expecting much in short-term.
+
+I got it as blue-chip, COVID play. It's bet on the vaccine from UQ failed and took the stock price down, and it hasn't recovered since.
+
+Absolute giant in the industry with a pretty decent growth. It is the number one player in a global plasma therapies industry.
+
+​
+
+https://preview.redd.it/u32z877tg3h61.png?width=387&format=png&auto=webp&s=84c98f7a06e1907a2cf0ecc8b5138d4d6b2cede1
+
+There were concerns of the share price running up too much last year, and there was/is plasma collection headwinds due to COVID. There is a chance that the price may fall a little lower.
+
+I really like the company and keeping my money in there, but I may pull out if I see a better opportunity elsewhere.
+
+​
+
+**$ASB: HOLD. Moderately bearish. I like the underlying stonk.**
+
+TL;DR - I cannot figure out why the stock price of the company has been punished so much. It's underlying performance has been great, and it's still a great defensive stock. I'm still holding it because I can't figure out what would push the stock price lower, but it's one of the more "meh" stocks I hold.
+
+Geez... I got a lot of these defensive plays last year thinking that Australia was headed to an immediate recession, and thinking that Austal would get tailwinds from the defense spending during recession, and high international tensions.
+
+Austal is a giant blue-chip shipbuilder for commercial and defense vessels, and growing steadily with nothing wrong in sight.
+
+​
+
+https://preview.redd.it/woyc4ecug3h61.png?width=368&format=png&auto=webp&s=83061e2a855c2611cf960c0f04225008b42599a5
+
+It's earnings per share has been going up whereas the share price has been falling pretty badly. I think it's got to do with the bad media attention it got last year with corruption allegations.
+
+​
+
+https://preview.redd.it/0audu14vg3h61.png?width=842&format=png&auto=webp&s=506f7d5fec2f0138ecb7b790872b099cc2fe8b6f
+
+​
+
+**$CRW: HOLD. Neutral. BUT I really really like the underlying stonk.**
+
+TL;DR - overall, quite a mixed bag. I'm holding, but can't really recommend either buying or selling of this stock.This one is really special. I bought it for no other reason than my friends and I have been using it really well for the past few years. It's one of those, buy-what-you-use-or-see-everywhere things.
+
+Last year's performance was really bad, so the share price dropped quite a bit since IPO to take that into account. It's been ranging for quite a while, and when you look at the market depth, there is a larger buying interest than selling interest.
+
+​
+
+https://preview.redd.it/vfw7yvyvg3h61.png?width=377&format=png&auto=webp&s=d8d2f0cf63ba704b6e223baf9fe1b19cad03be04
+
+​
+
+**$CI1: STRONG BUY. Neutral (I think accumulation period). Partnership with University of Technology, Sydney on Feb 1, 2021. I super like the underlying stonk.**
+
+TL;DR - it's a pennystock I'm waiting to absolutely pop! Solid business model, great past performance, and largely flying under the radar. Once people start noticing it, I think it will pop without a doubt.
+
+I'll do a proper DD in the coming days. Credit Intelligence (ASX: CI1) is a diversified debt restructuring and personal insolvency company. It's a personal pennystock that I'm expecting to absolutely POP.
+
+I got it for 3 reasons, and those fundamentals haven't changed.
+
+* I'm a BIG, BIG fan of stocks that doesn't move up a lot in price after mega volume transactions (if it skyrockets, I don't touch it). I believe it's a very bullish signal, and completely pops after a while.
+
+​
+
+https://preview.redd.it/5n6wg09xg3h61.png?width=1157&format=png&auto=webp&s=cdc55c422c4dbd6112ab2d8a60fbad0289a2a7a3
+
+* I'm a BIG, BIG fan of companies that are exponentially increasing its revenue and earnings year after year. That normally results in the stock price exploding at some point.
+
+​
+
+https://preview.redd.it/iui25s9yg3h61.png?width=380&format=png&auto=webp&s=b0b3da20d558f668a2c27090f27e74933cb63747
+
+* This is my hedge play against BNPL, and recession: I'm a big believer in BNPL, and I think that the current hype is completely justified. I personally think BNPL is such a big game changer. It's like how the world was never the same before and after the advent of Internet. Say what you will, but I think that the world before and after BNPL will never be the same.
+
+​
+
+**$MME: STRONG BUY. Neutral (I think accumulation period). I super like the underlying stonk.**
+
+TL;DR - it's a pennystock I'm waiting to absolutely pop! Solid business model, great past performance, and largely flying under the radar. Once people start noticing it, I think it will pop without a doubt. (Yes. To me, it's almost identical play as CI1).
+
+MoneyMe is a Fintech lending platform company growing solidly. Basically, mostly the same as above. So, I will keep it short.
+
+* Yes, I love that volume and the fact that the price hasn't popped yet.
+
+​
+
+https://preview.redd.it/e50jsnozg3h61.png?width=1155&format=png&auto=webp&s=77d7659e1b6cc1bac292cb427d287f02fd0a8055
+
+* I just like exponential growth.
+
+​
+
+https://preview.redd.it/ieoct461h3h61.png?width=378&format=png&auto=webp&s=95eef03189a224db58bb222907fac3973e3bd4ab
+
+* I just like lending and debt collection companies in general. It might not be as sexy as EV, or its super popular sub-category BNPL, but I will really, really like the sector for at least a couple more years.
+* Oh, I'll do a proper DD in coming days, but I remember really really liking their product and the diverse talent in their management team.
+
+​
+
+**$TLS:**
+
+**(Update 2) Man... honestly, it feels like you get stoned to death for mentioning Telstra here. At least, it hasn't lost me money, but hey, I get the point. I'll put the money into some other stock on Monday. Mention your favourite stonk in comments. If I like it after DD, I'll put my money in it, and upload a proofshot.**
+
+**(Update) Holy! So much hatred for this stock. I do believe that the community sentiment matters a lot to stocks. If anyone loves this stock, let me know in comments. Otherwise, this must be one stock that needs to disappear from my portfolio.**
+How the fuck are you cunts doing after that glorious green day?
+
+All the blood rushed from your brains to your penises and labia? Good. You won't need to use your brain to get on this tasty mother fucking stock. 
+
+Let me present my self. I am [BigJimBeef](https://youtu.be/Z7-TTWgiYL4?t=30) and I am apparently not so bad at this trading stocks malarky.
+
+https://www.reddit.com/r/ASX_Bets/comments/igrww4/i_wanted_to_see_if_you_autists_actually_knew/
+
+That is a thread someone made, you can read if if you want but it basically boils down to me being not 100% retarded and being able to pick a good stock from a pile of dogshit.
+
+If you want to have a look through my insane post history you will find I have done DD on PNV (which immediately went up 12% the day after i posted my DD) and i have called a few other winners (BPH/BUY, VUL, EMN, WOA) before they went up. I also post memes at a rate so great that the mods asked me to slow down lest i drive you cunts insane with laughter and kill the subreddit. 
+
+But enough stroking my own ego/penis
+
+Let me introduce you to [SBW](https://en.wikipedia.org/wiki/Sonny_Bill_Williams) a fucking player of some sport who shares the same initals as [SBW](https://www.shekelbrainweigh.com/) the motherfuckers I am gonna bang on about today.
+
+Who the fuck are they are why should you care?
+
+That is a great question and you should flick your bean or beat your meat to congratulate yourself for contemplating such a question... go on i'll wait.
+
+SBW stands for Shekel Brainweigh. This next bit is copy pasted straight from market index and if you want to double check anything just go there and look for yourself. 
+
+Shekel Brainweigh Ltd (SBW) has been developing, manufacturing and distributing advanced weighing systems for the retail and healthcare markets. Shekel Brainweigh IP includes unique digital weighing technology innovations together with highly advanced Deep Learning and Artificial Intelligence algorithms and models.
+
+So these fuckers are making selfserve checkouts that dont fucking suck and in fact are not even check outs.
+
+ [This video](https://www.youtube.com/watch?v=P-uxk2Ycoqw) shows how it works and if that doesnt give you nightmares for the rest of your life congratulations you might be ready for the hellscape of a future we have coming at us. 
+
+So they fucking make stores where robots scream at you and you won't have to face a hungover teenager who will cough in your face and rub smegma all over your apples. 
+
+They also say they can stop people shoplifting so say good bye to weighing up a 5kg roast lamb as oranges and say hello to actually paying for what you buy. That is worth big money to the fat cats who own stores so might be attractive to them. 
+
+Share Issue
+
+139 million
+
+
+Short Sold 0% (which is good news cause short sellers = downward shareprice pressure. Just ask the fuckwits shorting PNV)
+
+Now this is the fucking important part: The Top 20 Shareholders of SBW hold 92.28% of shares on issue.
+
+I'll fucking say it again for good measure: The Top 20 Shareholders of SBW hold 92.28% of shares on issue.
+
+This means the stock is **FUCKING TIGHTLY HELD** and small buys boost the shareprice a lot. Also means small sells sinks this share like a fucking rock but i'll get into that later. 
+
+There are only about 11 million shares getting traded around and on a daily basis the number is normally MUCH MUCH less. Even around the 7th of September to the 9th of September 2020 when the share price went from 16c to 32c there was less then 3million shares traded. So if you buy a 100k shares in these bad guys you are probably going to boost the price 10%. 
+
+I said small sells sink this and that is true, i have personally seen 3 sales of less then $100 total drop the share price 2.5c. [Here](https://imgur.com/fMiJ4E2) Is a screen shot from today where $235 worth of shares dropped the price 2c. There are some bots or algorithms or some such fuckwittery keeping this price low and accumulating shares. 
+
+By Thors hairy taint this is WAY to many fucking words. 
+
+
+The bad news: The low number of shares on issue makes it illiquid. The price between the buy and sell is often quite large. Right now it is 2.5c or about 8% of the share price. This is not a deal breaker for me but is something to be aware of. I wouldn't go too hard into these guys, keep it less then 20k and you should be golden. Just from a liquidity perspective that is. 
+
+If you have not read enough and want to read something coherent try: [This hot copper thread](https://hotcopper.com.au/threads/ultimate-guide-to-sbw.5619314/) It has more depth and screen shots some other cunt has taken pretty much showing the same thing i did. It has some more info on their capsule whatever. OH MY FUCKING GOD I AM SOBERING UP AS I WRITE THIS.
+
+I see a huge potential in these guys and it will only take one good news announcement to send them up to tendie town. 
+
+Whilst writing this i got a hyperactive 3 year old to bed and sank a long neck of homebrew stout. My attention is wavering and I cannot really remember why i thought this would be a fucking good idea. 
+
+
+TL:DR: 
+
+DONT EVER TAKE FUCKING ADVICE FROM INTERNET RANDOS WE ARE AFTER YOUR MONEY AND YOUR KIDNEYS. 
+
+SBW PROBABLY WONT SHIT THE BED. 
+DO YOUR OWN FUCKING RESEARCH YOU LAZY CUNTS.
+
+SBW is now 25% of my portfolio. 
+
+fuck off.
+Lately I’ve been busy with work and my part time studying and I’ve been feeling really exhausted. I’m new to trading and still trying to juggle my commitments. Do you guys feel like some days you need a break from trading? I feel like when I’m not in a good state of mind, I make bad plays and the FOMO mindset hits harder which made me lose 20% of my acc.  I’ve been considering to sit out on some days when I have to but is it something I should do? Or is it a sign that my trading psychology or method is not good enough?
+This one is for all the business owners out there. Whether you have a small blog / e-commerce store or a fully fledged manufacturing or finance business, what's your story?
+
+Many people on this sub are younger college students (like me) or people at the beginning of their professional careers who would be interested in learning how you made the transition from employee to business owner. 
+
+Things I'm interested in:
+
+- What made you choose your industry (previously worked there, saw an opportunity etc..)
+- Which industry / business
+- How much capital did you invest and how long did it took you to hit certain EBITDA / revenue milestones?
+- Age when you started
+- Fatfire trajectory
+- Work hours (some run lifestyle friendly businesses, others put in 100 hr work weeks)
+- How much income / compensation do you pay out to yourself
+- Advice for younger folks with todays opportunities
+- What would you do the same / differently if you started over
+
+
+Thanks a ton. Hope other people can share and learn, too.
+This question is intended for medical professionals, though others are welcome to answer.
+
+​
+
+Deciding when to order tests or interventions is usually a balance of symptoms/patient presentation, possible false positive diagnoses, risk from the test (if any - example would be radiation exposure), and cost. Imagine that the cost constraint was removed. Would you order any tests or interventions (healthcare programs) that most people don't receive?
+
+​
+
+Stated another way, imagine you had to spend $25,000/year to try to detect and prevent high-impact diagnoses like late-stage cancer (show up with a small pain and find out you're going to be dead in a year) or heart disease (show up with heart pains) in yourself. Are there any tests or interventions you'd consider?
+
+​
+
+Assume the patient doesn't have any symptoms or family history and already does the basics (regular exercise, non-smoker, no/light drinker, healthy BMI, check-ups), and is the US median age of 38. Basically, you're looking for early signs of problems while the patient is either completely asymptomatic or not presenting with anything noteworthy.
+Hey all,
+
+Sorry I'm a little late with this post. I know many of you have been asking me to share my stock picks for Q2/Q3 2020. Here are a few stocks in my portfolio.
+
+It's also important to note that 90% of my portfolio is in index funds and blue chip stocks. Growth stocks are high-risk speculative investments, and I generally don't swing more than 3-5% of my cash into these trades.
+
+I've made significant gains on all 3 and I've started to trim my holdings to lock in profits, but figured I'd share info on these companies since there are hardly any posts on them on Reddit.
+
+**Inphi Corporation (**[**$IPHI**](https://finviz.com/quote.ashx?t=IPHI&ty=c&p=d&b=1)**)**
+
+* About:
+   * Inphi Corporation provides analog semiconductor solutions for the communications and computing markets. The Company solutions offers speed interface between analog signals and digital information in systems such as telecommunications transport systems, enterprise networking equipment, data center and enterprise servers, and storage platforms.
+* Financial Highlights: Beats and Raises Guidance. Inphi Corporation Delivers Record Revenue and Earnings in Q1 2020 Driven by Cloud.
+   * Q1 FY2020: $139.4M (+35.5% sequentially and +69.6% YoY)
+   * Revenue in Q2 2020 is expected to be in the range of $147.8 million to $152.0 million.   
+* Growth Opportunities:
+   * Management’s expectations for PAM4 market share have risen steadily from around 50% to 60% to now around 65% with line-of-sight to 70%
+   * Inphi launched first 800 Gbps PAM4 electro-optics platform for megascale data centers and AI networks: "The main two markets driving a need for 800-gigabit modules are artificial intelligence (AI) and data centre switching, says Eric Hayes, senior vice president, networking interconnect at Inphi. AI, while still in its infancy, has all these applications and workloads that it can drive,” he says. “But one thing they have in common when we look at the data centres building large AI clusters is that they have very large data sets and lots of data flow.”
+   * "We believe COVID-19 will transform our business considerably. Our growth driver at the bandwidth consumption layer are accelerating, and we are adapting our business model to address these opportunities. Our original drivers included cloud computing, artificial intelligence, 5G wireless, social networking, e-commerce, virtual and augmented reality and Internet of Things. The demand for these capabilities is now being augmented by multiple new powerful trends: work, learn, collaborate, play and socialize from home; increased streaming across many devices; telemedicine, telehealth and virtual fitness; shopping, food and meal delivery; security and new factory automation and control."
+* Analysts:
+   * Target Raised by Needham & Company LLC - Buy USD 100 » USD 122.5 (2020-05-08)
+   * Target Raised by Morgan Stanley - Overweight USD 109 » USD 116 (2020-05-08)
+   * Maintains B. Riley - Neutral USD 86 » USD 91 (2020-05-08)
+   * Target Raised by Stifel Nicolaus Buy USD 110 » USD 120 (2020-05-08)
+   * Target Raised by JPMorgan Chase - Overweight USD 120 » USD 126 (2020-05-08)
+   * Target Raised by Deutsche Bank - Buy USD 108 » USD 115 (2020-05-08)
+
+​
+
+**Cerence Inc. (**[**$CRNC**](https://finviz.com/quote.ashx?t=CRNC&ty=c&p=d&b=1)**)**
+
+* About:
+   * [Cerence Inc.](http://www.cerence.com/index.htm) (NASDAQ: CRNC), AI for a world in motion,[ officially spun off](https://www.cerence.com/news/posts/cerence-completes-spin-off-from-nuance-debuts-as-independent-public-company) from Nuance Communications, Inc. to become an independent, next-generation, pure-play automotive software company. They are the global industry leader in creating unique, moving experiences for the automotive world.
+   * Their expertise is sophisticated A.I., natural language understanding, voice biometrics, gesture and gaze technology and augmented reality. As innovation partners to the world’s leading automakers, they're helping transform how a car feels, responds and learns.
+   * Cerence currently powers AI in nearly 300 million cars on the road globally across more than 70 languages and for nearly every major automaker in the world, including Audi, BMW, Daimler, Ford, Geely, GM, SAIC, Toyota, and many more.
+* Financial Highlights Q2 2020
+   * Q2 FY2020 Revenue: $86.5M (+23% YoY)
+   * Adjusted EBITDA of $29.0M increased 55%, and adjusted EBITDA margin of 33.6% increased 26% compared to Q2 FY2019
+   * First-half of fiscal year bookings reached a record of $533M, exceeding FY2019 full year bookings
+   * The company also posted record new contract bookings that will become revenue in future quarters, including two deals valued at $125 million and $140 million
+   * This company is profitable
+* Growth Opportunities:
+   * Increasing Market Penetration of Edge (In-Car) AI Products: Automated driving technologies are linked to the growth of edge innovations within the vehicle, increased focus on limiting distracted driving and convenience of controlling the infotainment system, expansion solutions from premium to entry level. Forecasting 85% of Global Vehicles with Edge AI products by 2023 (up from 59% in 2018)
+   * Increasing Market Penetration of Cloud (Connected) Services: Cloud-based, connected technology is increasingly necessary as users want vehicles to act like rolling smartphones, drivers depend on vehicles of range of information including directions, internet radio, restaurant recommendations, weather, etc., expansion of solutions from premium to entry level. Forecasting 50% global vehicles with Designed-in-Connected Services by 2023 (up from 12% in 2018)
+   * In a conference call in September, CFO Mark Gallenberger claimed 80% market share, while "win rates right now are running about 90%, and that's been consistent." Even with niche players and some of the larger tech companies trying to enter this market, Gallenberger said, "our win rate has still been very high." They can increase their wallet share with each of their customers, who will increase their investment into AI.
+* Risks: Cerence CFO Mark Gallenberger also said that the automotive industry is expected to be down about 22% according to IHS ,but that Cerence expects outperform the industry by 10% to 15% due to favorable trends around voice assistant and cloud technology adoption by automakers. That would translate into a 7% to 12% contraction from previous guidance. However, due to economic uncertainty and automakers withdrawing their own 2020 guidance, Cerence is also not offering guidance for the time being.
+* Analysts:
+   * Initiates Coverage: Cowen - Outperform USD 28 (2020-05-12)
+
+​
+
+**Inari Medical ($NARI)** \-- IPO'ed May 22, 2020
+
+* About:
+   * Inari Medical, Inc. is a commercial-stage medical device company focused on developing products to treat and transform the lives of patients suffering from venous diseases. Inari is focused on treating venous thromboembolism and improving the quality of life of patients suffering from this disease by safely and effectively removing blood clots.
+   * Inari has developed two minimally-invasive, novel catheter-based mechanical thrombectomy devices that are designed to remove large clots from large vessels and eliminate the need for thrombolytic drugs. The ClotTriever system is 510(k)-cleared by the FDA for thrombectomy in the peripheral vessels and is used to treat patients suffering from deep vein thrombosis. The FlowTriever system is 510(k)-cleared by the FDA for the treatment of pulmonary embolism.
+   * Currently, it's not listed on Robinhood. You can find it on WeBull and other broker platforms.
+* Financials:
+   * FY 2019 Revenue: $51.1M (up from $6.8M in FY 2018) and is on track to more than double in 2020.
+* Growth:
+   * The company's minimally invasive devices were used to treat approximately 2,400 patients in the Q1 FY2020 (+33% QoQ, +400% YoY)
+   * The company's minimally invasive devices have been used to treat over 6,700 patients in 500 hospitals, 90% of which have been since the company's broader commercial launch in the third quarter 2018. 
+* Risks:
+   * Inari Medical is an early-stage company with a history of significant net losses. They expect to incur operating losses in the future and we may not be able to achieve or sustain profitability.
+   * The market for Inari Medical's products is highly competitive. Competitors may have longer operating histories, more established products and greater resources than they do, and may be able to develop or market treatments that are safer, more effective or gain greater acceptance in the marketplace than their products.
+   * They may not be able to maintain adequate levels of third-party coverage and reimbursement, and third parties may rescind or modify their coverage or delay payments related to their products.
+
+​
+
+Feel free to drop me a line or message me directly if you have any comments/questions!
+
+​
+
+Edit 1: Thanks for the gold!
+
+Edit 2 (8/4/2020): As of 8/4/2020, the performance from the date of the post of the 3 stocks above are as follows: $IPHI - up 11.1% / $CRNC - up 52.2% / $NARI - up 52%
+We all know that GDP could measure our economic growth. But is there other than GDP that took account the same thing but also the other thing such as welfare?
+Is there a name for this idea that would make it easier to google or look up in econ papers?  I'd like to see what countries are best at wealth capture, and what systems they employ to do so.
+Nothing of value is created and still the money everybody gets out of it is bigger than the amount they invested in it.
+How is that possible in theory?
+And how do you justify it as a capitalist that somebody makes money in that way?
+If it is usually public, is there an organized portal where we can check the shared database of the papers?
+
+If it is usually private, wouldn't that be worse for economists in general since it hinders further research worldwide and also limits the review of the papers?
+Sorry in advance as this might be all over the place. but i was wondering if someone that studies this topic can shed some light on it.
+
+So its no secret that housing is on a forever uptrend. some obvious factors of this is due to 
+
+* Having limited land in this world
+* increase in population over time
+* supply/demand (relates to above points)
+* Overall inflation
+* homes are something you NEED. Some form of shelter is just something you cant forgo, moreso if you want to be successful in life.
+
+I dont quite see how this is ever sustainable. but also, what each future generation can even do.
+
+Income level increases are abysmal compared to the appreciation rate of homes.
+
+Currently in the US, the problem is still solvable for an individual. Simply move to where housing is cheaper. but in other countries where thats not possible, it just seems more insane (and to be honest, still insane in the USA).
+
+Think about if Seattle, the Bay Area, or NY were its own countries with their current housing problem. thats what alot of countries around the world are facing.
+
+for example, places like South Korea, London, Hong Kong etc is insane when it comes to the housing problem.
+
+So i Guess my questions are
+
+1. how is this sustainable? even in the short term.
+2. whats the solution for the general population to buy homes based on the fundamental issues surrounding the housing problem? (not every country's citizen in their respective country can simply move to a lower cost of living area. So taking that solution out)
+3. why is a housing crash even a concern? (I am also meaning this in a general sense. NOT just the USA) this isnt like 2008 where everyone is able to get qualified for a mortgage for example. And in other countries, homes/buildings are usually owned by people who can afford them and lease them out.
+
+Thanks for any input.
+I know taxes are incredibly complex so it's hard to give an all encapsulating answer, but if we started completely over is it possible to have a "perfect" system where people pay their fair share and everyone is equally "happy" with it?
+
+PS this might be in violation of rule 5, so please feel free to shut it down.
+Ok, I'm asking this in part because I'm British and Corbyn's Labour seeming to be gaining ground, so if that context is helpful I'm just putting it out there. 
+
+It seems to me like there is a lot of criticism in the mainstream press and from outlets like the Economist of socialist parties and policies and I'm wondering if this is an ideological thing or if socialism is simply not economically viable? Is there anyone on here that is economically literate and also a socialist?
+
+This isn't a loaded question, I'm not a labour supporter I'm just curious as to why Socialism always seems attacked on economic grounds. Is it a partisan issue or is it simply not a creditable economic framework?
+How come most other services are more efficient when run by the private sector (compared to being run by the public sector), but healthcare and education are not? 
+
+Doesn't the profit motive in the private sector force increases in efficiency and help stamp out corruption? If so, how come the private sector can't run education and healthcare as efficiently as the public sector does?
+Currently the ECB is letting inflation run. Economically, is this the best alternative? Would it be better to raise interest rates and bail out the countries which would default?
+ So always go back to these 4 simple rules:
+
+​
+
+1. The price is academic
+2. It's only a loss if you sell
+3. **Shorts must cover**
+4. Hold until 🚀🚀🚀🚀🚀🚀
+
+Everything else is noise.
+
+I will post this once a day to keep spirits up and heads in the game. If in any way the SHFs were to refuse to cover their positions and the DTCC and SEC allowed this to happen, they would all essentially be screaming to the entire world, -- and the entire world is watching this shitshow under a microscope -- "Fuck you, poor people! We're not letting you get rich! We'll break every rule there is if we have to and there's not a single legal thing anyone can do to stop us!"
+
+That would **PERMANENTLY** and **COMPLETELY** destroy the US stock market. Everyone the world over would immediately sell every share of every stock they own and never put another red cent into it. I don't doubt some of the HFs wouldn't give a fuck about this, since they're rich and only care about themselves, but about the entire US stock market collapsing and never recovering the SEC would definitely care and wouldn't let it happen. Plenty of powerful politicians own stocks and they wouldn't DARE allow Wall Street to bankrupt them.
+
+So in addition to the above four rules, you also only need to remember 2 more things at most: 1) that Ryan Cohen is not going to let his company go out of business and if the HFs refused to cover their short positions, **he would sue them and have plenty of whales backing him.** 
+
+And 2) that DFV just quadrupled down. **If he's still in, we're all still in!**
+Edit: THANK YOU EVERYONE for the wonderful advice. You have all helped me SO much. I think I have the information needed to set forth with getting this all settled. You all made a very anxious person much calmer today. Hopefully I can soon be done with all of this and go back to normal. Thanks again for all your help.
+
+Edit #2: WOW. This really blew up! There is so much helpful information on this thread. I tried to get back to everyone as well as I could, you all had great points and I appreciate every viewpoint you each shared with me. And although I wont be able to try out every recommendation given (I hope I won't have to anyway!), I know this thread will be very useful to others who may be in a similar position presently and in the future. Watching this community come together and sharing their experiences and knowledge just to help me out today really fills me with joy. Life has been quite a struggle lately and you all told me today that I'm not alone in that fight. Thanks again for all your help, and goodnight. (:
+
+Going to keep this as short as possible. Got into a car accident in September of 2019. I live in Michigan (no-fault state) and at the time of the accident unlimited PIP was still mandatory. I broke my wrist/hand and have been temporarily disabled since 2020 after my first surgery revealing further injuries, next surgery is this March. All related medical bills are paid in full through my auto insurance. I had no issues with billing until my first surgery (Aug 2020), where they decided to bill my work insurance instead of the auto they've been billing for a year. I called on 3 different occasions to fix it (they said they had no record of me calling the first two times.) Third call was after I received a final notice. They told me that my auto insurance denied payment when requested, but when I spoke to my adjustor, she said she never even received the bill in question. Took about 3 months (and my adjustor leaving 2 emails and 2 voicemails that were never returned) for them to get back to me, but they did finally send it to my adjuster and it was paid in full. The hospitals radiology service also billed the wrong insurance. I called to let them know, and they told me it was placed under review and I will be contacted with the outcome. I also sent the first (and only) bill that was mailed to me back with the correct insurance info written on it, and recieved no further communication or bills. I assumed it had been taken care of, silly me. 
+
+Today I received a collections letter (dated Feb 4th) for the radiology bill in the amount of $120. I have not changed my address, phone, or anything that would have made them unable to reach me. I received one statement, about a week after my surgery. No final notice, no call, nothing. 
+
+My questions are, who should I be calling first, and what do I do if they give me the run-around again? I have dealt with collections in the past two seperate times for valid bills and paid them off immediately, upon written agreement that it would not be recorded as a delinquent account on my credit report. I would very much like to NOT have to go through the process of disputing this on my credit report later on, especially for something I don't owe, and have made very clear efforts to provide them with the correct info. 
+
+Any advice would be appreciated, thanks in advance.
+I was lucky to jump in and pump up quite a bit of dividend stocks during last year's market crash. However, like many others, I was cautious and did not buy as much I could have. many of us are in this situation now - There is money and desire to deploy but the following three factors are stopping us from pulling the trigger.
+
+1. All time high prices - Almost every blue chip dividend stock is at all time high (ATH) Take examples of Canadian bank stocks for example.
+2. Yields have dropped off a cliff - or at least that is what it seems. BMO and CIBC were yielding 7-8% last year, something like a once in a life time bargain. Now yields are really low, 4% ish. 
+3. Buying stocks at ATH has a risk that while one may continue to reap dividends in future, there is a serious risk that one will have to see a sea of red for a long time if market decides to go lower in coming few years. Plus the lower yields.
+
+So what are your suggestions? Are you still buying your favorite blue chip dividend darlings at these ATH prices? If yes, are you buying small quantities to scratch the itch off or doing serious capital spending?
+Really not sure what would be a good entry point for this stock, especially considering inflationary strain and the Russia crisis. Wondering everyone’s opinion. Thanks in advance
+TL;DR — I'll show you that it's mathematically impossible (under some assumptions, of course) that LUNA's price will go back up to its' glorious days again.
+
+​
+
+# Let's do some meth—umm I meant math!
+
+There are some important assumptions we need to make. This mini-analysis assumes that:
+
+* UST will be pegged back to around USD $1.00, and
+* LUNA (and Do Kwon) can **fully** gain investors' trusts, and
+* LUNA tokens won't be burned significantly to its' supply on March-April when it was trading for more than USD $100 per LUNA (very unlikely, which is why I put this as an assumption).
+
+​
+
+**Goal**: we want to calculate the minimum price of LUNA that is needed to get to its' market cap at ATH ($116/LUNA), considering the current supply of LUNA or May 20, 2022's circulating supply.
+
+​
+
+# Step 1: Recall that Market Cap (in cryptocurrencies) is calculated by the following:
+
+    MC [$] = Circulating Supply [tokens] * Price per token [$/token]
+
+​
+
+# Step 2: We want to calculate LUNA's market cap when it was at ATH.
+
+2a) According to the data from [messari.io](https://messari.io)... On April 4, 2022: LUNA's circulating supply was 353 million tokens.
+
+[April 4, 2022: LUNA was trading at USD $116.43 with 353 million tokens circulating.](https://preview.redd.it/7sycpgd3qp091.png?width=1296&format=png&auto=webp&s=7f32ad9f9f6cabe43f7c8547a2725aec6d6587d6)
+
+2b) Using the equation from ***Step 1***, Market Cap (MC) on April 4, 2022 is then the following:
+
+    MC @ April 4 [$] = 353,128,511 * 116.43
+
+2c) Plug it into your favorite calculator and you get:
+
+[Market Cap of LUNA at ATH \($116.43\/LUNA\) on April 4, 2022 = $41,114,752,536](https://preview.redd.it/bxghece5qp091.png?width=1292&format=png&auto=webp&s=89fa01fc3253b68d42bd0dd638d021298e5b13bc)
+
+​
+
+# Step 3: Let's calculate how much LUNA's supply jumped by, from April 4 to May 20.
+
+3a) On May 20, 2022, LUNA went to the moon... in terms of its' circulating supply. It had 6.53 trillion LUNAs circulating.
+
+[May 20, 2022: LUNA was trading at a fraction of a cent with 6.53 trillion tokens circulating.](https://preview.redd.it/4tkomr50rp091.png?width=1236&format=png&auto=webp&s=8327e2ffb7df78e92f7b98c77abb5cd0ddbbd18a)
+
+3b) We want to calculate the number of times LUNA's circulating supply jumped by between May 20 and April 4:
+
+    Number of times LUNA's supply jumped by = Circulating Supply @ May 20 [tokens] / Circulating Supply @ April 4 [tokens]
+
+3c) Substitute in the variables and the equation becomes...
+
+    Number of times LUNA's supply jumped by = 6,533,856,234,794 / 353,128,511
+
+3d) Plug them numbers into a calculator and we get:
+
+[Luna has 18,502 times MORE tokens in circulation in May 20 compared to April 4!](https://preview.redd.it/nlr76o1erp091.png?width=1582&format=png&auto=webp&s=74e925e00129b585bab5fa2e513904fa13a7e641)
+
+​
+
+​
+
+# Step 4: Get the answer to our goal — the minimum price per LUNA needed to get to the market cap at ATH, which was when LUNA was about $116 per token.
+
+4a) Let's not forget our Market Cap equation back from ***Step 1***. If we are to translate our ***Goal*** into a mathematical equation, we'd get the following:
+
+    MC @ April 4 [$] = Circulating Supply @ May 20 [tokens] * Price per LUNA [$/token]
+
+4b) Let's re-arrange the equation so we can understand the ***Goal*** better:
+
+    Price per LUNA [$/token] = MC @ April 4 [$] / Circulating Supply @ May 20 [tokens]
+
+>**Goal**: we want to calculate the minimum price of LUNA that is needed to get to its' market cap at ATH ($116/LUNA), considering the current supply of LUNA or May 20, 2022's circulating supply.
+
+4c) In order to use our answer from ***Step 3d***, we can think of the equation above as this:
+
+    Price per LUNA [$/token] = MC @ April 4 [$] / (Number of times LUNA's supply jumped by from April 4 to May 20 * Circulating Supply @ April 4 [tokens])
+
+Which is
+
+    Price per LUNA [$/token] = MC @ April 4 [$] / (18,502 * Circulating Supply @ April 4 [tokens])
+
+4d) Plug in the numbers using our answer from ***Step 2c*** and the information from ***Step 2a***...
+
+    Price per LUNA [$/token] = 41,114,752,536 / (18,502 * 353,128,511)
+
+4e) Grab your lovely calculator again...
+
+[Price per LUNA needed to get to the market cap at ATH on April 4, 2022 = $0.0063\/token](https://preview.redd.it/kvpkcawesp091.png?width=1582&format=png&auto=webp&s=4347df9934c4964b28d640321ab4c397ce717660)
+
+​
+
+# 
+
+# Conclusion
+
+It won't even get to $1 per LUNA.
+
+Okay okay, since you insist. Let's math it again. Suppose LUNA gets to $1 today, that means the market cap of LUNA becomes:
+
+    MC [$] = Circulating Supply of LUNA @ May 20 [tokens] * Price per LUNA [$/token]
+
+Plug in the numbers from ***Step 3a***:
+
+    MC [$] = 6,533,856,234,794 * 1
+
+And you don't even need a calculator to get:
+
+[Market Cap of LUNA, if it were to get to $1 per LUNA = $6.53 trillion](https://preview.redd.it/3tyg6xinsp091.png?width=1586&format=png&auto=webp&s=172937730d5aeb1df8ce646deeaaf86244d3e9ba)
+
+Thus, LUNA's market cap would be much bigger than BTC... **and the entire cryptocurrency market cap**.
+
+​
+
+***Cheers y'all, have a great rest of the week!🍻***
+So my sister is in need of a new car.  Wants to buy a dodge durango (which I think is excessive but haven't told her that) but our grandparents are offering their old cadillac sedan with 100k miles on it for free, they can't drive anymore.  My sister asked me for help because she doesn't know what to do.  She isn't great with money at all.  She lives with our parents and doesn't pay rent so she should have been able to save quite a bit but she tells me she only has $5000 saved up.  
+
+Her expenses (estimated monthly from what she told to me, so keep in mind it's probably more than what she said) come out to be ~$1570 with a $350 proposed future monthly car payment.  Apparently that's what the new car payment would be. She makes ~2599 per month after taxes.
+
+[Here ](http://gyazo.com/4ad8077e367f4b7de72306d9868d89f7)is a picture of the details, sorry for nothing fancy, just some numbers and descriptions.
+
+I feel like I am not appropriately recording all if her spending habits since she only has $5000 saved up and what she told me suggests she should be able to be saving more.  She's 25 and definitely should have more with how much she's worked.  Could I get some advice on what I could tell her based on the information provided? I personally don't think she should be spending the money on such an excessive car.  I get not wanting the old small grandma car with a smoke smell and whatnot, but I don't think she should be burying herself 9 years into debt with the little amount of savings she has.  Anyways, I could type forever so I'll stop here.  Thoughts?
+
+Thanks for the help.
+I was able to pay off my loan early, in full. But that large final payment processed on the same day as my autopay. Do most companies correct that and refund for overpayment or am I screwed out of an extra payment amount?
+A parent of mine passed away recently leaving me a windfall sum that's pretty substantial. I'm a semi recent college graduate with zero debt to my name, paid off car, and soon to be moving to Seattle for work.
+
+I've been looking at various banks and CD rates but I don't know if a CD is even the best option.
+
+Ideally I'd make ~10% of it semi liquid by putting it in a savings account, and the remaining ~90% I'd want locked up to accrue interest.
+
+Any advice or information is much appreciated!
+Just thought I would share some food items that I've found at the dollar store that are relatively healthy. I lost about 40 lbs while on food stamps and public assistance and heavily used dollar store food items (especially when I ran out of food stamps at the end of the month). 
+
+* Eggs
+* Frozen Vegetables-- my dollar store has them in steamable packs, which are great because you can just put them in the microwave.
+* Frozen Fruit
+* Dried Beans/Peas
+* Canned Beans/Peas
+* Canned chicken and tuna
+* Chicken broth
+* Packaged dried fruit
+* Packaged dried nuts-- you have to read the back of the labels, but I've found some that have no salt added and minimal processed ingredients
+* Lemon/lime juice-- mix with water for a drink
+* Splenda/stevia
+*Cheese- I have found part skim mozzarella sticks and packaged cheddar
+*Sugar free syrups
+
+
+Also, baking soda and vinegar can be bought on food stamps and used as cleaning products.
+
+I saw a notification from my SBI account for a transaction listed as IMPS to FINWIZARD TECHNOLOGY for just a Rupee. I haven't done business with this company, and not sure where is this coming from. Just wanted to ensure that, it is not an attempt by hacker to test if whatever he is trying is working or not. Can people pull money via IMPS without the account holder involved? SBI support has been useless in figuring out where this is coming from.
+In response to the low yields in short term bonds and high yields in long term bonds, The RBI has announced that it will be selling short term bonds to buy long term bonds to make the yield curve more favorable.
+
+Does this mean that liquid funds and ultra short term funds will have better (than usual) returns in the next 3 months due to the high yields of short term bonds?
+[https://mobile.twitter.com/eyeofsiva/status/1249613106034003968](https://mobile.twitter.com/eyeofsiva/status/1249613106034003968)
+
+Returns till March 31st 2020
+
+1 year : Equity-  -26%. Gsecs-12.3%
+
+10 years : E- 0.3%. GSecs - 9%
+
+25 years : E- 9%.  Gsec - 10.6%
+
+Disclaimer : I have not put together the data myself. I have only taken it from the above Twitter post by a person with decent credentials
+The government is looking at the possibility of introducing a tax on those withdrawing ₹10 lakh in cash a year as it seeks to discourage the use of paper currency, crack down on black money and promote use of digital payments for all manner of transactions.
+
+Government sources told *TOI* that another proposal under consideration is mandating Aadhaar authentication for all high-value cash withdrawals, which it believes will make it easy to track individuals and tally tax returns. In doing this, the government will go beyond just seeking the unique identification number, as is the case with deposits of over ₹50,000 where PAN is given.
+
+Back in office, the Modi government is set to take up the next stage of action against tax evasion and money laundering with data analysis helping detect thousands of overstated goods and services tax (GST) claims that don’t match up with income tax returns. Action against these entities, which might be the first layer of suspicious transactions, is being launched with notices being sent out.
+
+[*ToI*](http://timesofindia.indiatimes.com/articleshow/69718027.cms)
+I'd like to quickly make a point. I've seen many posts bashing people for seeking advice on Reddit.
+
+See the top comment on this post for example - someone asking about a bear case for Google. They deleted the post due to ridicule on THIS sub: [https://www.reddit.com/r/stocks/comments/uk8csr/bear\_case\_against\_googl\_allin\_with\_15\_year\_scope/?sort=top](https://www.reddit.com/r/stocks/comments/uk8csr/bear_case_against_googl_allin_with_15_year_scope/?sort=top)
+
+Anyone bashing people about "taking advice" from Redditors, you're not witty, you're not smart, in fact you lack critical thinking. Reddit is a useful tool to crowd-source ideas. Think of it like a brainstorming session. The point of brainstorming is to gather a multitude of ideas from a diverse set of individuals no matter how good or bad these ideas might be. This allows you to potentially discover, and then investigate different perspectives that you may have overlooked. I'm not saying Reddit should be used as a substitute for published articles, classes, SEC filings, historical data, etc. but it can be an effective tool if used in conjunction with these other more formal tools.
+
+If used correctly, Reddit can be a powerful tool to use in your research of a stock. It can give you different perspectives which you may have overlooked, and then you can follow up on those perspectives with further research. Don't let anyone on this sub or any other sub for that matter tell you otherwise. Don't be made to feel stupid by insecure people who clearly lack the critical thinking skills that they project on to you.
+My mum asked my brother and I to sell a watch of hers on eBay, it was going fine but my Dad told us to take it off as he did not want her to sell it. EBay has now invoiced us for £91 (10% of the watches value) after calling them they said the fees are valid as there was active bids on the item. They advised there is nothing they can do but I'm sure you can imagine that this has caused a bad situation at home.  If anybody knows if there is anything we can do I would appreciate it more than you know.
+Hi Guys,
+
+Looking to consolidate some rental properties and buy commercial farm (preserved agricultural land) with an exception area. I plan on eventually (a few years after purchase) building a house and living on the farm while continuing to farming the land as a form of income.
+
+Since I will eventually live within the exception area does this make it ineligible for a 1031 exchange?
+
+Appreciate any and all advice,
+Xxxnifty - N$FW token 
+
+Check out the official TG, to see where all the fuzz is about : https://t.me/xxxnifty_official
+
+1️⃣ Amouranth her OnlyPunk sold for $125.000 !! Let that sink in 
+
+2️⃣ Launch of Alpha release of Pleasurely, xxxNifty's Adult Social Platform. (OnlyFans Social Like Platform, but way Better) 
+
+3️⃣ They added different new teammembers to the core team With lots of experience and all doxxed 
+Total of 30 teammembers now , 30!!
+
+4️⃣ They announced a partnership with OnlyPunks , an algoritmic art project, crypto punks, but then adult 
+And this one is trending on opensea 
+
+5️⃣ Team announced 2 Top 10 Exchanges on the way!! 
+
+6️⃣NOfacegirl (NFgirl) top 19 on Pornhub , is branding all her new videos on PH with $N$FW and XXXnifty 
+
+7️⃣ Stormy Daniëls joined as a Brand Ambassador , next to Nofacegirl and Amouranth and 6 others 
+
+8️⃣ Stormy Daniëls is going to auction herself as NFT in the dress she wore when she dated him + the dress itself is an Unlockable by the NFT!!!
+
+✔️ Largest NFT marketplace in their space
+
+✔️700 Adult NFTs on their Marketplace
+
+✔️100+ creators on the platform to date (no matter of gender anymore!) Adding more daily
+
+✔️500+ NFT sales. Over 400 1of1's
+
+✔️ They launched the NFT marketplace i April 2021 and the token in may 2021
+So the project is really moving forward and the devs are working. Full time on this project 
+
+✔️8 partnerships w/Agencies
+
+✔️8 Brand Ambassadors, with Amouranth and NOFACEGIRL and StormyDaniels
+They have a huge social media followings , combined over 20 Million following 
+
+✔️Deflationary Tokenomics benefit holders
+
+✔️Daily NFT sales
+
+✔️$25 million MC, 2 working platforms utilizing the utility of their native [NSFW] token
+
+1 : XXXnifty -       NFT marketplace
+2: Pleasurely-      Social platform 
+
+✔️XXXNIFTY is a registered business, meaning devs and team are all doxxed
+✔️TechRate Audit approved
+https://www.cnbc.com/2020/09/14/nvidia-to-buy-arm-holdings-from-softbank-for-40-billion.html
+
+>Chipmaker Nvidia has agreed to buy Arm Holdings, a designer of chips for mobile phones, from Softbank in a deal worth $40 billion, the companies announced Sunday. The deal will be for a mix of $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at signing.
+I understand the bad earnings report and lowered guidance, but the stock was already ~50% off of 2021 highs. To me, a 29% drop overnight is a completely emotional overreaction. Netflix is still a powerful brand, with large resources, and a dominant player in streaming/content creation.
+
+Anyone else think this is a bargain for a long term hold?
+[https://www.reuters.com/article/us-jd-com-google/google-to-invest-550-million-in-chinese-e-commerce-giant-jd-com-idUSKBN1JE079?utm\_medium=Social&utm\_source=Twitter](https://www.reuters.com/article/us-jd-com-google/google-to-invest-550-million-in-chinese-e-commerce-giant-jd-com-idUSKBN1JE079?utm_medium=Social&utm_source=Twitter)
+
+> The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets.   
+>  
+>  
+>  
+> **Google will get 27.1 million newly issued JD.com Class A ordinary shares** as part of the deal. This will give them less than a 1 percent stake in JD, a spokesman for JD said. 
+
+This means that existing shareholders will see their shares deluted by 1%? Anyway this news will probably far offset that loss, expect JD to soar again when the markets open.
+I'll go first: I'm a renter and would like to buy in Sydney + have been hoping/preparing for a little while. Based on current prices and my deposit savings (which sit in a diversified portfolio) I'll need to keep saving for another 6 months or so and prices will need to come down another 5-10% before I can justify jumping in. So for now I'm still thinking, but leaning towards liquidating shares and getting my deposit in a safe cash in a high interest savings account and waiting on the sidelines until it looks like process have bottomed.
+
+I'm also considering whether some long dated put options on the banks are worthwhile in case things get real nasty.
+Here is a quote from Ray Dalio;
+
+“Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price without seeing how their buying power is being eroded,” Dalio wrote in a post on LinkedIn. “The ones most hurt are those who have their money in cash.”
+
+[https://www.afr.com/wealth/investing/ray-dalio-warns-inflation-is-driving-down-real-wealth-20211112-p598bd](https://www.afr.com/wealth/investing/ray-dalio-warns-inflation-is-driving-down-real-wealth-20211112-p598bd)
+Interesting article, below that did profit / risk backtesting of various DTE to capture the most premium with lowest risk. As per this article, it turns out that 0 dte is more profitable than 45 DTE.
+
+[https://spintwig.com/spy-short-put-0-7-and-45-dte-leveraged-options-backtest/](https://spintwig.com/spy-short-put-0-7-and-45-dte-leveraged-options-backtest/)
+
+0 DTE here means : opening the short put position the same day of expiry, and allowed to expire
+
+45 DTE in this article, refers to the strategy of opening a short put position and closing the position at 50% profit or when 21 days are left to expirty. This is the most common strategy option sellers use. However this article, suggests that backtesting shows 0 dte to have better results, as the 45 dte leaves the option seller exposed to market fluctuations for the next 21 days, whereas the 0dte strategy mnimizes market fluctuations, but also reducing the theta decay premium.
+
+Would love to hear someone critique this articles' results as to why 45 dte is still the best for capturing the most theta decay
+I’ll preface this with saying that I do own shares of PLTR and have some Put Credit Spreads out there as well. 
+
+Figured I would share this observation since PLTR is very popular here and I have seen comments asking about a good entry point or if they’re stuck bag-holding this stock. I subscribe to Ark’s daily email showing what they’re buying and selling. Today Ark Invest purchased 2.6 million shares of PLTR after it closed at $23.59 (up to $24.85 after hours currently). Last Friday Ark Invest purchased over 3 million shares when PLTR closed under $24/share. These 2 of the biggest purchases I have ever seen them make. 
+
+I know some of you are worried about being stuck with this stock, just know that one of the most respected investors LOVES this stock and just may single handedly keep this above $24 haha. It’s been a bumpy past few weeks, but everything will be okay. Seeing Ark make aggressive purchases like this gives me confidence in PLTR. 
+
+I know this isn’t anything groundbreaking but wanted to contribute to the sub in a positive manner. Hopefully you found this insightful.
+
+TLDR;
+If you’re interested in PLTR and wondering what a good price point is to enter, Cathie gets lady wood when PLTR dips below $24.
+This stock has been bouncing around the $20 range for like 6 months now. I’ve been capitalizing on the decently inflated IV, but I’m surprised there aren’t more people talking about this gem of a theta play
+Anyone else riding this thing like there's no tomorrow?
+
+Bought shares at IPO, $9.69 (nice) basis. Sold one covered call then been selling all kinds of puts ever since and just bought a LEAP call today. IV has been high ever since it started moving, we had an epic IV crush overnight due to earnings, but IVR is still pretty tasty. Currently short the Dec18 13P, will sell another one or a 14P ASAP if we get a red day in this century.
+TL;DR – shorter DTE with higher theta burn, tighter delta strangles with more gamma risk much improved the return of TastyTrades Best Practices of 45DTE, 50% profit or 21DTE exit strategies.  In fact, the TT Best Practices were a net losing strategy over 15 years of SPY data.  Check data yourself or see if you can improve --- https://lookback.tastytrade.com/webapp/#/
+
+First off, sorry for the length but it might be worth the read to many of you!
+
+
+After reading the thread discussing whether taking profits at 50% was considered a good move or bad move, I decided to run a back-test using Tastytrade’s lookback WebApp (https://lookback.tastytrade.com/webapp/#/).  I was curious if TastyTrade’s Best Practices were indeed “best practices” as in they had been optimized as best as possible based on historical data or if they were what many people think they are: guidelines to assist traders who may not have their own mechanical system of entering and exiting trades.  I apologize about my formatting, I’ve been on Reddit for a long time and I still can’t figure out how to position things in lists properly --- they never seem to work for me, so I apologize about the wall’o’text.  
+
+
+I started with the typical TastyTrade recommendation on SPY that went back as far as I could on the WebApp, starting in January 2006 and ending in August of 2021 with the following parameters: 45DTE, 16 delta short strangles with a profit taker at either 50% unrealized profits or at 21DTE.  No stop loss for the initial test.  The results were actually pretty poor.  Over 336 trades, it secured an 86% win rate.  The average premium collected at the beginning was $218.55 with an average profit per trade of -$2.61 for an average profit per day of -$0.19.  The average trade length was significantly less than 21DTE and most were closed out at 14 days from open.  The maximum drawdown was quite large at -$4180.  This shows that the typical TastyTrade best practices are net losers over a 15 year period on SPY.  
+
+
+I then wanted to see if a stop loss at 200% of the credit received could improve this max drawdown and perhaps turn this losing strategy into a winning one.  There seems to be some back and forth that using a stop loss on short options is a bad idea and you will be stopped out far more than it is worth because most of the trades would come back as winners anyways.  The same previous parameters of 16 delta, 45DTE, and exit at 50% profit or 21DTE were used.  200% stop loss was used as I have heard some discussion from others stating this is what TastyTrade suggests if you do want to use a Stop.  The results show 336 trades over the same 15 year cycle with a drop in the win rate to 82%.  The average premium collected was the same at $218.55, the average profit per trade increased significantly to $3.73, the average days in the trade increased to 12.6, and the average profit per day increased to $0.3.  The maximum draw down also dropped a whopping 73%, down to a max loss of only $1128 vs. $4180.  
+
+
+The next test I wanted to compare spreads vs. strangles and created a short iron condor condition using the same practices; 45DTE, 16 delta short and long leg of each side was added at 5 delta, exit of the trade at 21DTE or 50% profit was also included, along with the 200% stop loss due to how much it had improved the previous results.  Here, the results were worse than the Stop Loss condition using the normal TT Best Practices.  362 trades were opened with a 77% win rate.  The average premium decreased approximately 24% to $167.93, however, the average profit per trade increased to $4.64 vs. just $3.73 before, while the average profit per day was virtually identical at $0.29 vs. $0.3 in the naked strangle with a stop condition.  The average days in the trade increased to 15.9 and the max loss decreased a further 15%, making the largest draw down $950.55 vs. $1128 in the naked position w/ stops vs. $4180 in the naked no-stop condition.  The takeaway here is not really a surprise to many of us but worth nothing anyways, if you want to reduce your risk exposure, at a detriment to premium received, then trade spreads.
+
+
+Lastly, I wanted to see how I could improve both the naked strangles and the iron condors as best as I could and fiddled around with the settings until each was as good as it could be based on what I could come up.  Below you will see those results.
+
+First is the short Iron Condors.   Using a condition of a 90% take profit or exit at 1DTE on 15DTE trades, 16 delta shorts and 5 delta longs with no stop loss saw a marginal improvement over the 45DTE IC’s.  917 trades were opened with an identical win rate of 77%.  The max loss was -$2386.5, and the average premium decreased to $112.15.  The premium reduction was expected because of natural extrinsic decay.  The average profit per trade increased substantially from $4.64 to $10.88, a 134% gain.  The average days in the trade was less at 11.5 (no surprisingly due to the shorter DTE), and the average Profit per Day also increased substantially to $0.95 from $0.29, a 227% improvement.  The max draw down was $2386.50. The average profit increase is not overly shocking considering we are taking profits at 90% vs. 50%, but it is still worthwhile to note.  I next added a 200% stop loss to the same above conditions (15DTE, 16 short leg and 5 long leg, 90% take profit or exit at 1DTE).  The results show 987 trades with a 72% win rate.  The average premium collected dropped from $112.15 to $109.21, the average profit per trade decreased over 50% to $5.34 from $10.88.  The average trade length was virtually identical at 11.1, and the profit per day also dropped 50% to $0.48 vs. $0.95.  The max loss was $1137.50, almost a $1200 improvement vs. the no-stop condition.  Next, I went back and applied the best parameters (90% take profit, no stop, and 1DTE exit if not 90% profit) to the 45DTE expiries to see how that would fare.  The results were substantially worse.  The win rate improved to 80%, but the max loss increased to -$4774.50, the average premium increased to $170.71, but the net profit per trade was -$16.43 and an average profit per day of -$0.53 and a very long trade length of ~31 days.  In short, what works in shorter time frames are net losers on longer time frames.
+
+
+Lastly, I tried to improve the naked strangles to see if I could create my own Best Practices for those who like to trade in true TT fashion.  The best scenario was 30 delta short strangles, 15DTE, with a profit taker at either 50% or 6DTE.  Over 886 trades the win rate was 81% with an average collected premium of $328.01.  This gave you a $12.64 average gain per trade with $2.23 per day gained.  The average trade length was 5.66 days and the max loss was -$3045.  Adding the 200% stop loss that was successful in the long-term trades saw over 957 trades a 79% win rate, a slight reduction in average premium collected to $319.84, an average gain of $11.97 per trade, and an increase in the average daily gain of $2.29 vs. $2.23 per day.  Not surprisingly, the max draw down improved 56% to only $1337.5 loss vs. $3045 loss.  As I did with the IC’s I then applied the best strategy to 45DTE.  This now gave us a 45DTE, 30 delta short strangle, with a 50% profit taker or exit at 21DTE (same as 15DTE to 6DTE exit percent-wise).  The total was 374 trades with an 89% win rate, a max loss of -$5169, average premium collected was $474.43.  The average profit per trade was paltry compared to the 15DTE of only $1.28 and only made you $0.12/day vs. $12.64 gain per trade and $2.23 per day in the best scenario.  The average trade length was 10.8 days.
+
+
+In summary, it appears that using a stop loss does not significantly impact your losses, and in fact, on longer time frames if you are going to trade in true TT fashion will turn a losing strategy into a small winning strategy.  Ultimately, shorter time frame trading is best for both the spreads and the naked strangles, with 15DTE appearing to be the best on SPY over 15 years of data.  The TT method did outperform the IC spreads on shorter DTE.  However, margin requirements make it difficult for small accounts to trade in true TastyTrade fashion, so a trader with a small account may want to sacrifice 14% of the max possible premium to trade condors instead, avoiding the significant margin requirements needed to go naked on large-priced underlying.  If you are willing to expose yourself to gamma on shorter DTE you can also greatly improve your returns per trade without significantly exposing yourself to more drawdown.  In fact, the shorter DTE saw less drawdown in the same conditions than did the 45DTE, showing that it is probably worth it to expose yourself to more gamma because the price fluctuations are more predictable on the shorter time frames.  Additionally, tighter strangles at 30 delta did not experience an extremely adverse drawdown or drop in win rate compared to the widely touted “safer” 45DTE, 16-delta trades.  In fact, there’s an argument to be made that the shorter and tighter trades are superior and any loss experience will be wiped out much faster doing this than playing it safe.  This is also shown over 15 years of data that incorporates a large market down turn in 2008 and several fluctuating bull and bear markets since.  The data proves that TT Best Practices are really not ideal over this SPY data for 15 years and can be improved.
+
+
+Please test this for yourself using the software.  See if your strategy is a winning one or if you can improve on this data.  I will add a note that the data is a little bit confusing as you can run the data on one day with the same parameters and then have it change a bit if you run it tomorrow with the same information.  However, this should not be seen as an issue with my study but with possibly the way the LookBack Algo is interpreting the data and is a TastyWorks/TastyTrade issue, not of the data presented here.  I will just say I think the TT Best Practices are best used as a guide for a trader without a system of their own, however, it can be improved upon.  I think a trailing stop might be the best of everything but the software does not account for that.  Happy trading.
+
+
+EDIT:  Here is a clear picture of the TastyTrade data snapshot I just ran after a commenter said I had done something wrong and they got different data.  This was 45DTE, 16 delta strangles, exited at 50% or 21DTE, no stop loss.  You can clearly see it is losing $2.43 per trade with an average $0.17 loss per day. Perhaps the software is messed up, but I can only report what I see based on their algo.  If that is the issue, that is a problem with lookback, not my study.
+
+ https://imgur.com/a/CwOyaok
+Here we are. Almost 10 month into the year. I remember quad witching day.
+I remember March when price dropped from 350 to 170 in 20 min.
+I remember every hype day.
+
+Didn't get phased
+
+But what I am about to say, in my opinion is the most important thing
+
+NO FUCKING DATES. 27TH SEPTEMBER TILL 7TH OCTOBER? 
+ITS FUCKING DATES. 
+WHAT HAPPENS WHEN NOTHING HAPPENS BETWEEN THOSE DATES?
+
+HELL WHAT HAPPENS WHEN PRICE GOES TO 10K AND THRN DROPS TO 200?
+
+DO YOU KNOW WHAT YOULL HAVE? A CAMPAIGN OF iTs OvEr. SeLl bEfOrE iT gOeS lOwEr.
+
+Don't forget YOU have a MINIMUM Floor.
+
+Mine is XXX mil. What's yours?
+
+Is 10k that? Is 1 mil that? Is 10 mil that?
+
+Don't forget you don't even sell on the floor. ITS THE FUCKING FLOOR. You sell on the way DOWN. 
+
+BE FUCKING GREEDY. WHEN THEY ARE SCARED YOU BE FUCKING GREEDY.
+
+
+NO CELL NO SELL. 
+
+NO FUCKING DATES.
+
+
+I SEE SCINARIO BEING PUSHED FED WILL NOT LET THIS HAPPEN OR THST HAPPEN.
+
+
+THEY HAVE LET EVERYTHING HAPPEN. NO ONE WILL DO JACK SHIT FOR INDIVIDUAL INVESTOR.
+
+JUST LOOK AFTER YOU.
+
+DONT FALL FOR SHILL DATES
+
+
+JUST REMEMBER PHONE NUMBER FOR X HOLDERS OR BUST.
+
+OVER AND OUT
+
+Edit: dates
+Edit 2: obviously not a financial advice. I eat crayons for breakfast lunch and dinner. Desert 🖍 🖍  too. Mostly red
+The other day I went to make a payment on my Wells Fargo credit card. When I logged into my online banking my credit card did not appear. I immediately called WF wondering why my CC wasn't showing up in my online banking. 
+
+After verifying my identity I was told that my CC was currently restricted because I was reported deceased on November 14th.
+
+I was then put in contact with some deceased estate customer rep person who was a little confused as to how I was calling when it was showing on there end that I was deceased. 
+
+My rewards from Wells Fargo (from the CC) have been sent and issued to my dad. My dad called asking what this was about and they (WF) explained to him my current debts - which he is not happy with me about. Is it legal for my bank (Wells Fargo) to be giving information about my financials to someone else?
+
+WF will not tell me who or what agency reported me as dead? Are they able to withhold this information?
+
+Is it possible this is a form of fraud? I am not sure what I should do in this situation.
+Edit: **WE ONLY HAVE TO HOLD AND DRS** \- but the last one not with the arguments I mentioned in my post
+
+I have been thinking about how to phrase this for days.
+
+Of cause we should drs , but the rest of this theory is bullshit for our goal.
+
+Please read this at first from
+
+[u/-einfachman-](https://www.reddit.com/user/-einfachman-/)
+
+[https://www.reddit.com/r/Superstonk/comments/wnqsy8/comment/ik70ms6/?context=3](https://www.reddit.com/r/Superstonk/comments/wnqsy8/comment/ik70ms6/?context=3)
+
+All these posts with "brokers will delete your shares and you are left behind if you didn't drs" will only do one thing: since not all shares can be registered directly, there will be millions and millions of shares left, the owners will get nervous and scared when the time comes and will think: "I'd better sell now than wait for my broker to liquidate the shares", and that will reduce the much needed pressure on the very brokers who have to buy back shares.
+
+It will do the exact opposite of what we want to achieve.
+
+And guess who wants exactly this . Or this posters don´t think about the consequences.
+So My dad was Robbed and Shot. It really sucks and I'm kind of lost at the moment. Starting my Undergrad At 22 (finally figured out what I want to do) And he left me 20k. No debt at all just working and living at the moment never spent beyond my means. But I don't want to just F* off the money. Thought about some investments but I'm still kind of lost on it Any help would be awesome thanks Reddit fam.
+Personal context: I work for large tech company X. We get a significant amount of restricted stock units vested ever year, which is basically an award of the company's stock. All my coworkers say it's crazy to sell/cash that out because of how amazing the stock has done recently and historically. And the truth is, that would have consistently been the best move for many years given the specific company's history. It's how everyone who has been there for a while became loaded.  However, I'm thinking of selling all the shares as soon as they vest every year (not just enough to cover the taxes), moving the money into my brokerage account, and just buying some broad market index fund. That is what I would do with the money if I came upon it elsewhere. I wouldn't go out and buy tech company X stock specifically, so it doesn't make sense for me to hold on to large amounts of it because I received it in that form. Obviously, I'll be risking FOMO if the stock keeps vastly over-performing the market, but I'd still benefit from that since I'd have future vested stock for next year appreciating. It'd also worry me to have such a huge percentage of my assets in that one stock.
+
+By "right" move in the question. I obviously mean the right process move, and not the right outcome move (which no one knows for sure). 
+
+My partner is about to graduate from uni with Bachelor of Commerce (Finance) degree. She applied to a huge number of graduate roles and was offered a role in Big 4 company which is finance related (eg not Accounting, Tax, Audit etc).
+
+The salary is VERY low and she was told that there would be overtime work involved on occasion 8am to 8pm when there is a reject deadline. There supposed to be a lot of exposure to different clients and career progression here. This role is relevant to her degree as well.
+
+She then was offered a role at ATO with much higher salary, in the Tax stream. Apart from higher salary there is work life balance, but it seems there may be limited career opportunities if you are not tax lawyer or accountant type.
+
+Any advice on salary progression in Big 4? Is it true that you can “start here, go anywhere” and the low starting salary worth it?
+
+Anyone can tell about career growth in ATO, in a few years what are your options? What are tour options if you are not a tax lawyer or accountant? Can you move into private sector?
+
+Thanks in advance for your help!
+Something like this program called [itemize](https://www.itemize.com/).  My end goal would be for example:  I go to target, buy 20 things. I'd like to be able to extract that data into excel/sheets/numbers/etc so I can manipulate what I spend on paper towels, groceries, electronics, etc.
+
+Thanks!
+
+**** Edit **** Thank you all for the great suggestions. I have some researching to do. 
+My wife and I pulled the plug recently. We weren't expecting life to magically become better, but not much has really changed. We now have more time on our hands than we know what to do with. We've started traveling. We're finding it difficult to integrate socially because people are always surprised to learn that we're retired so young. It's becoming boring to repeat answers to the same questions over and over so we've learned to try not to bring it up. People keep asking what our aspirations are, and, well, we don't have any anymore. Not that I found any purpose in my work before, but without work there isn't any drive or "purpose" to wake up in the morning. We're still trying to figure out what our hobbies are.
+
+For those who've retired early, what did you start doing to find life fulfillment? For those still on the FIRE path, what are you planning to do after reaching your goal?
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+Wondering what irrational decisions people here make because of habit or whatever other reason
+
+- went to an NBA playoffs game on a whim last week (decided about 4 hours before)
+
+- tickets online were $200-$11k (courtside). Narrowed it  between $1300 or $2k tickets and went with $2k because..it gave access to free stadium food and drinks ($55/value) and it was slightly closer
+
+- upon driving there I had the option to park for $60 in the arena, or circle around looking for street parking.
+ Decided to park for free a mile away and walk 20 minutes even if parking was a negligible difference in the ticket price. In my younger years I developed this habit of never using a lot and would circle for a while looking for street parking and it's stood, even though the area is known for window break-ins
+For a while now, I have been doing a lot of research into the stock market. And the most reasonable voice I found is Warrent Buffet.
+
+Is there someone profound like him who thinks about the tech sector? Especially about companies that yet have to beome profitable?
+Hello r/realestateinvesting
+
+Long time reader of this sub and absolutely love the content and candid feedback. My question is, we have built up a portfolio of 9 properties in 3 years and I have self-managed the properties till now. Recently, I have felt like to scale effectively, I need to hire a property manager and start developing better/more efficient systems in place to really grow effectively. In addition, I still have my full-time job and might be moving out of state for an awesome promotion. I love my job, and don't want to quit to do real estate full time. 
+
+​
+
+But, here is my question. I have hired a property manager (2-week ago) and I feel like I could 100% do such a better job. I find myself being very tempted to micromanage this person because I just feel like they are forgetting to do things, or not doing them well.  
+
+​
+
+Does anyone have any advice on switching from being self-managing to hiring a property manager? Did they get the same level of rent prices that you did? I would love to hear your experience and any advice on a successful transition. 
+
+​
+
+Thank you!
+
+Edit#1 - thank you all for your awesome comments. I’ve concluded that I need to wait a few more weeks before I can make a decision on this. My gut is telling me once we get into a good groove with the transition, it will be a win/win for everyone. For those asking, here is the terms of our agreement: 10% gross rent, 50% leasing fee (no fee for renewal), split late fees. No charge for time on evictions, insurance claims, handyman, etc. I wanted to make sure if this because I heard horror stories of PMs nickel and diming owners for everything.
+
+Edit#2 - everyone has provided some awesome feedback. It is making me feel so much better and actually building trust with current PM with your perspectives. I told myself even if rents dive and do on, it is still worth it for me to invest in RE. I think it also reflects on the importance of having huge margins and fail safes in case you do need to drop rents.
+Good afternoon my fellow autists,
+
+Wanted to put out a quick update to you all with today's largest options trades for GME. Shown in the image below.
+
+[GME Biggest Trades 4-8-2021](https://preview.redd.it/l89szr0br0s61.jpg?width=1220&format=pjpg&auto=webp&s=1459b550806b9371a5294172a2b1e32a650901fb)
+
+As you can see, not a single large trade came out of the PHLX exchange meaning that its very likely these DEEP ITM calls were left totally untouched today. We will continue to monitor the situation to fully understand the impacts of the implementation of DTC 005 and its impact on our beloved GME.
+
+Keeping this one brief today but feel free to fire away any questions you have in the comments and I will try to get to as many as I can.
+
+Since a lot of people have been asking: New DTCC rule basically enables a tracking system so they can only use this method once more and then the shares will be tracked and they wont be able to use the same method on the already tagged shares. 
+
+u/dan_bren out
+So I just started day trading one week ago.
+
+That isn't to say I never followed the markets, stocks, patterns, etc.  I have.  
+
+But this is the first week of DT, and decided to jump in.
+
+To say the first week was a huge success, would be an understatement.  I seemed to do everything correctly.
+
+Didn't chase profits, focused on indicators, left possible money on the table, and overall had a great week.
+
+I'm concerned though.
+
+Is this just dumb luck?  Or is my strategy possibly legit?  
+
+Throughout the run ups my mental state was pretty solid, and I left before there were more increases.  That didn't bother me, as profit is profit.
+
+Obviously this won't last, and one good week says nothing, but is there a possibility that I might have a chance to make some money?
+
+I have absolutely no emotion to any stock, and understand this is strictly a numbers game.  
+
+My strategy seems to be OK, even though losses are for sure going to happen.
+
+It's kind of scary though due to the initial immediate success though.  
+
+And please know I am not bragging about anything, as I lost a shit ton of money back in 2018 in crypto, which I've since abandoned completely after some hard hard lessons.
+
+I don't know if there any real questions in there, but any insight would be very much appreciated.
+
+Has anyone gone through just an insane start to their DT careers (not even sure if that is what I would call what I'm doing yet lol)
+
+OK thanks folks!
+Hi all, I thought I'd make a thread for strategies, mindset and processes that low and middle income earners can utilise.
+
+Majority of threads around here seem to be of people earning over 80k a year. 
+
+I'm talking about advice in relation to people on minimum to middle income wages.
+
+Post your ideas, advice and let's get information out for the majority of Aussies!
+My partner recently received a promotion and now makes significantly more money than me. As a result, they suggested we change from splitting all household bills 50/50 to a split based on relative income i. e. 60:40. We don't have any dependants.
+
+I'm now wondering is such an uneven split fair to apply to mortgage payments when it's building equity in a house that is ultimately owned between us us 50/50? I could comfortably afford to pay 50/50.
+
+What would you do in this situation?
+
+EDIT: I should have mentioned we keep separate finances outside of household bills for which we have a joint account that we put money into each month via standing orders. We have always done this for the 10+ years of our relationship, its simple to set up and forget about and works for us. This is where the conversation around splits comes from.
+Obviously this will vary somewhat day to day, but I put together a spreadsheet to compare YTD and 6 month performance (based on closing price) of GME with the top 25 companies in the S&P,  and a couple other "meme stocks" for reference.
+
+​
+
+[YTD: 1\/3\/22 - 11\/17\/22, 6m: 5\/17\/22 -11\/17\/22](https://preview.redd.it/sn7jakta2q0a1.png?width=1994&format=png&auto=webp&s=02513b7fd44608108470a944dbd8e72b39eeecf1)
+
+What I find interesting is the change column in the table on the right there, and how GME seems to not only be holding steady, but improving significantly in comparison to these other companies over the last 6 months.
+
+The 6 month data goes back to May 17 2022, and the YTD data goes back to 1/3/22, so during the period of 1/3/22 - 5/17/22 GME was doing significantly worse than it has been over the last 6 months.
+
+Like I said, this could change on a daily basis, but there seems to be a trend over the long run in comparison to many other big players in the market. God only knows why. Probably just one of those meme stock frenzies the smart people on the tv always talk about.
+
+At the end of the day, none of this really matters though because it's not DRS.
+
+**As always, DRS until GameStop won't let us.**
+
+*Edit:* Forgot to mention, all of this with the marketplace still in beta :)
+I haven't owned a vehicle in over seven years. Tomorrow I'm buying a 99 Honda Accord for $1000. I'm so happy and excited I'm literally crying. I can't wait to tell my kids but I'm waiting until I actually have everything signed and in my hands to make the announcement! I've worked so hard for this. Last year I paid Jackson County over 2k to get my license back.
+**My background:** I graduated from a top 20 school this May  majoring in finance and math and began work as an investment banking analyst at a boutique investment bank.  I have interned in the past at a well-known asset manager (active investing) and one of the country's largest private equity firms.
+
+-------------------------------------------------------
+
+**Investment Banking:** This is by far the most popular entry point out of undergrad.  It preserves a high degree of flexibility towards future careers and shows that you can work long hours under tight deadlines. Investment bankers, at an analyst role, are typically in excel and powerpoint producing various analyses.
+
+Investment banking mostly deals with mergers & acquisitions (M&A), debt issuance (bonds), and equity issuance (IPO).  My boutique deals primarily with M&A, so I can explain this in the most detail.  We are paid a fee to either sell a company or buy a company for the best price possible for our client.  Like a real estate agent, we are there to maximize value.  In either case, the analyses are similar.  
+
+*Accretion/Dilution Analysis:* This looks at earnings per share (EPS) of the bidder (the buying company). This is simply net income (revenue less expenses) divided by the share count of a company.  This will change when a company acquires another company.  Revenue and expenses will increase by the revenue and expenses of the seller.  In addition, the company will be acquired using either (1) the bidder's cash balance, (2) a debt issuance, (3) stock issuance, or (4) some combination of the prior ways.
+
+(1) The only additional expense is the opportunity cost of the foregone interest (this is typically very small).  This is why analysts are clamoring for Apple to make acquisitions.  Apple has a large cash balance that is earning little-to-nothing, and they could be buying companies with it.
+
+(2) There will be interest expense due to the new debt raised.
+
+(3) The company will have to issue shares to acquire the company, so its share count will increase, increasing the denominator in earnings per share.  Obviously, hopefully earnings will increase as well.
+
+An acquisition is generally thought of as "good" if it is accretive (increases the buyer's EPS) within the next few years, and "bad" if it is dilutive (decreases the buyer's EPS).  This is too simple, however, because the buyer should consider long-term planning.  For example, in Facebook's $1 billion acquisition of Instagram, the deal was dilutive for a long-time.  They paid $1 billion, but Instagram was making no money.  However, over the long-term, it was a great strategic fit and Facebook was able to maximize the value of the company.
+
+*Discounted Cash Flow Analysis:*  Under this analysis, one projects a company's future cash flows, including a terminal value.  Then, these future cash flows are discounted back to the present and summed to determine the overall value of a company.
+
+With financial independence, my spreadsheet is a "snowball" calculation in which I save a given amount per year, and these savings grow at market returns to reach a given amount near my retirement goal. 
+
+A discounted cash flow is basically the opposite of that. A company will make (based on estimates, obviously not reliable for most cases) a certain amount each year -- this determines the value of a company.  However, as always, I prefer the company to make this value sooner rather than later.  Say if Tesla, for example, will not actually produce cash flow for 20 years.  At an 8% discount rate, a cash flow 20 years from now is worth 1 / (1.08^20) = 1 / 4  -- one quarter what it would be if it were produced today.  Wow!  Anyway, this analysis is another way of determining the value of a company that is being bought, sold, or raising money in an IPO (initial public offering).
+
+In investment banking, pay is somewhere is the area of 130-160k (including bonus) for a first-year analyst.  First-year associates (after 3 years of analyst or out of an MBA program), will make 250-325k.  This is at bulge bracket firms (Goldman Sachs, Morgan Stanley, Bank of America, Citi, JP Morgan, UBS, Credit Suisse, Deutsche Bank, Barclays) and elite boutique firms.  **Hours are 65-100 hours per week.** Most firms, however, and now instituting weekend policies.  I am guaranteed off from 8pm on Friday to 9am Sunday, so if I wanted to have a girlfriend, I could.  It's extremely nice to know that you can make plans for a given day of the week, and it wasn't this way in the past. On a typical day, I get up at 8, am in the office by 9:30, and leave around 11. Dinner and taxi home are paid for. The pay and intellectual stimulation are great, but the main advantage is the career path flexibility.  With the ability to work hard and work smart proven, I can move to many different related fields with some of the following: more pay, better hours, and better type of work.
+
+**Equity Research:** Equity researchers model company financials and rate various stocks.  For example, a consumer/retail analyst might cover Nike, Under Armor, Lulu Lemon, and 5-6 other names.  They attend industry events, get a feel for the companies and meet their management teams, and become all-around experts on the industry.  Hours are likely 50-80 a week, depending on the firm, with additional hours during earnings season, when the analysts will almost always publish updates on the companies they follow. The main analysis for this type of job is a simple 3-statement model, which covers the income statement, balance sheet, and cash flow statement.  If you can do a personal income statement and balance sheet / net worth, you can do this with some training.  A 3-statement model helps put a value on a company.
+
+There are two types of equity research jobs, sell-side and buy-side.  Sell-side sells their research to buy-side firms who then use it to decide whether or not to BUY securities, such as hedge funds and large asset managers.  Buy-side researchers give their research & opinion directly to the portfolio managers that make final decisions.
+
+Hedge funds hire these equity research analysts to help them make decisions on which securities to buy.  A hedge fund typically raises funds from pensions, endowments, and the wealthy, and uses them to actively invest in public securities.  They are often paid a 2% fee on the total capital they invest, and take 20% of their returns. The employees are highly compensated and will also make huge bonuses if the fund has a high return.
+
+**Active asset managers and hedge funds have a huge amount of resources at their disposal, including meetings with the company's management and expensive calls with industry experts.  They bring efficiency to the markets. They are why you should not try to actively invest as an individual investor.**
+
+**Private Equity / Venture Capital:**  Private equity firms buy companies (either public companies or private companies) and take them private. They often put on high amounts of leverage, which will increase returns (in upside cases) and shield the companies from taxes via an increased interest expense.  They attempt to back strong management teams and companies with stable cash flows. They will often make operating improvements, such as reducing administrative expenses, better sourcing of materials, or expanding into a new product line.  
+
+Growth capital firms invest to help a company grow.  They help firms roll-out nationwide, such as restaurants or retail chains.
+
+Venture capital firms invest in a large number of early-stage companies, knowing that many will fail but hoping that one or two might become the next Facebook.
+
+-------------------------------------------------
+
+**How to Get In:**
+
+*Out of Undergrad:* The following are hugely important, and they are generally given in order of importance:
+
+1) Attend a top school, such as an ivy
+2) GPA above 3.6, preferably above 3.8
+3) Internships in similar roles: do whatever needed to do these, including loans or taking a second job during an unpaid internship
+4) Examples of leadership (club president, etc)
+
+After this, there are numerous technical and 'fit' interviews to prepare for.
+
+*NOT out of undergrad:* Usually one goes through an MBA and off to investment banking.  It's often not possible to get an investing role post-MBA without having an investing role pre-MBA.
+
+*Backdoor:*  I think one aspect that is really overlooked is the ability to specialize.  While I am (happily) a generalist in my current position, we have a lot of senior bankers with detailed experience in the sectors they cover.  If you are an engineer, you will be able to talk with and will have a stronger background for an "industrials" group. If you have experience at a tech firm, you will have a stronger background for a "technology" group.  I am on a lot of deals in the healthcare space, and its quite tough for me to understand, because a lot of it is description of molecules and the like.
+
+This is getting really long, so I'll stop here for now and add anything I missed in the comments.
+
+---------------------------------------------------------------
+
+Originally posted in financial independence subreddit but figured this may have some use here - most of it is pretty basic.  Feel free to ask me any questions.
+Back with another round of goodies. Sorry for not having this part up yesterday, I got side tracked by a few different rabbit holes. With the FTX bankruptcy filings being published, I'm going to break into a bit of speculation combined with data for this part, simply because it fits too conveniently. If there is one thing I learned when digging into Credit Suisse's report 15 months ago now, it's reading in between the lines. I based my entire Credit Suisse post on one footnote that mentioned GameStop and let the data guide me from there. My bullshit detector is in overdrive based on a footnote in yesterday's filing, which can be downloaded [here](https://www.scribd.com/document/608298469/FTX-bankruptcy-filing-11-17-22#download&from_embed). Without further ado...
+
+# Last Time on Unwrapping Wrapped GME..
+
+In part 1, I established where Wrapped Gamestop came from. If you missed it, spoiler alert; it was created by FTX.
+
+For reference, the Wrapped GameStop token address
+
+[https://etherscan.io/token/0x2ec08e59ed827be587897edcdbff59215e785496](https://etherscan.io/token/0x2ec08e59ed827be587897edcdbff59215e785496)
+
+​
+
+[Note: Serum was founded by SBF as well so yeah, FTX](https://preview.redd.it/vnzwuqhlot0a1.png?width=2732&format=png&auto=webp&s=04c075d334acea0d6a0b9190b88242fb8d2a32d4)
+
+​
+
+**Creation date was Jan 26, 2021. Remember** **this?**
+
+​
+
+[Pepperidge Farm Remembers](https://preview.redd.it/ysinhrypot0a1.png?width=1710&format=png&auto=webp&s=a962770adc694a53edbbcf6729b2245083ccf6b3)
+
+​
+
+If you glance up above, you'll see that a Uniswap contract was deployed two mins after creation of the token. The token offered on Uniswap was based off of the FTX created Wrapped Gamestop token. Coincidentally (🙄🤣🤣), FTX began offering Tokenized GameStop on the same day that the article was published. What's interesting though, is that aside from a random transaction on Uniswap a little over 200 days after, there was no movement outside of the initial 16ish hours after creation.
+
+​
+
+[Note that INSANE swap rate on the last transaction. That's another topic for another day though.](https://preview.redd.it/fb672trsot0a1.png?width=3486&format=png&auto=webp&s=39b9428b31c794e33058617d697b72f94602312c)
+
+​
+
+**DATA MIXED WITH SPECULATION AHEAD**
+
+Now that we've re-established that this dogshit was created by FTX, and that it essentially never moved since the squeeze, what were they doing with it? If there were no transactions, what was trading on FTX? The last question was rhetorical. Hopes and prayers were trading on FTX that's what. Not the focus of this part anyways. Let's see what they *could* have done with it.
+
+First, let's see some data on tokenized GameStop.
+
+[https://coincodex.com/crypto/GME-tokenized-stock/?period=ALL](https://coincodex.com/crypto/GME-tokenized-stock/?period=ALL)
+
+​
+
+[Note that number for later](https://preview.redd.it/gueofd0vot0a1.png?width=2092&format=png&auto=webp&s=8befda7a95cd2c77ed6d424bc2192eabd33cc965)
+
+​
+
+We see that the ATH for this dogshit is $414.00 and the ATH date is Jan 29, 2021. This is after all the transactions on Wrapped GameStop have been completed and they are essentially in the wallets where they will remain. It's already been widely reported that in-house coin FTT was used as collateral for loans, so what if these were utilized in the same manner? I don't think it's exactly a stretch, and once it's outside of blockchain, I don't have a verifiable way to find out, but let's let some data talk for us. I'm only going to focus on a couple of holders on Wrapped GameStop; namely Binance, Jump Trading, and Genesis Trading.
+
+If we look at the transfers of Wrapped GameStop we can see the flow of who got what. The transaction hashes will also show us how much they were bought for (if they were). Let's pull in the price of GameStop stock for Jan 27:
+
+​
+
+[$86.88 close](https://preview.redd.it/bao6rvowot0a1.png?width=2012&format=png&auto=webp&s=22ba0529eae2cceb3c4df2685d1a75c93740fb12)
+
+​
+
+Now that we have some controls set up, let's dig into some forensics and math.
+
+​
+
+**First up: Binance**
+
+**Binance 7 Wallet Address:** [**https://etherscan.io/address/0xbe0eb53f46cd790cd13851d5eff43d12404d33e8**](https://etherscan.io/address/0xbe0eb53f46cd790cd13851d5eff43d12404d33e8)
+
+​
+
+https://preview.redd.it/tbsvlnh0pt0a1.png?width=2738&format=png&auto=webp&s=f74f9cbf8b0f876b4a01b9632c57d99f56d758a7
+
+We can see the first four transfers were the creation of the token. There was a transfer of 1 million Wrapped GME to Binance three minutes after initial creation, and it was the 7th transfer after initial mint. It was a straight transfer, they weren't bought. Now the math. 1 million GME at the time of transfer had a street price of $86,880,000. Binance paid $0.
+
+​
+
+[Still sitting there](https://preview.redd.it/msx8jc72pt0a1.png?width=3154&format=png&auto=webp&s=05e5615a47fb554c3bfb44d82cb647cc83a1df13)
+
+​
+
+Jump Trading and Genesis Trading weren't as lucky to receive theirs for free, they purchased from Uniswap and were the 10th and 11th transaction respectively. You can see below that they swapped exact ETH for the token. Let's see how much they paid.
+
+​
+
+https://preview.redd.it/jk8g2wk7pt0a1.png?width=2726&format=png&auto=webp&s=bec690ed1ed4b902ce2f04319c7442bd850f923e
+
+**Jump Trading**
+
+**Transaction:** [**https://etherscan.io/tx/0x294b280646818a3d99fcbae739c008061a75e7fb60dc4f2d31d671eae033d58d**](https://etherscan.io/tx/0x294b280646818a3d99fcbae739c008061a75e7fb60dc4f2d31d671eae033d58d)
+
+​
+
+https://preview.redd.it/kfbi43e8pt0a1.png?width=2740&format=png&auto=webp&s=723c8701b6d5cfad8412d1ad93aa719b1b249d5c
+
+Now, with GameStop closing at $86.88 and if Wrapped GameStop was based off GameStop's actual price, the total for 17,090 shares would equal $1,484,779.2, yet Jump Trading paid $1,207 for them. A little fucked, but okay.
+
+**Genesis Trading**
+
+**Transaction:** [**https://etherscan.io/tx/0x8d2b867f5fa6c95f5adaff3df9b5c53551e6eeba0ae10e31ad47550451abf519**](https://etherscan.io/tx/0x8d2b867f5fa6c95f5adaff3df9b5c53551e6eeba0ae10e31ad47550451abf519)
+
+​
+
+https://preview.redd.it/let7nfb9pt0a1.png?width=2730&format=png&auto=webp&s=8a708381dbbe264de45c7572f1cb20a16360f1a9
+
+Let's walk through this one... We can see the purchase was exactly one minute later and they bought 33,306 Wrapped GameStop for 2 wETH. Walking through the math, that's $2,893,625.28 worth of Wrapped GameStop (if representative of the actual price) that they bought for $2,416.
+
+# Tying It All Together
+
+As the tokens haven't moved since the initial 16ish hours, and those three companies alone held (at the time) $91,258,404.48 worth of tokens (if they mirrored the actual price), but did nothing with them, it looks awfully circumstantial that these were used as collateral for real world loans. Due to the atrocious bookkeeping at FTX/Alameda, I don't think we'll be able to find for certain if they were. Binance shut the fuck up, Jump Trading and Genesis Trading are both looking down the barrel of a gun for doing this very thing with FTX. If I may walk through a hypothetical here. Let's say that FTX/Alameda used the entire supply as collateral for a loan, what would that be?
+
+We know that there is a 10,000,000 supply of Wrapped GameStop, right? We also know from above, that tokenized GameStop peaked at a price of $414 on January 29. Rough math, that's $4.1 Billion if they waiting to get the loans at peak price.
+
+​
+
+Now, there is an interesting footnote in the bankruptcy filings shown below:
+
+https://preview.redd.it/tr7x06wapt0a1.png?width=1708&format=png&auto=webp&s=070b2f280d825a366a864f37931b00dd6e2a2406
+
+# Related Party Loans Receivable of $4.1 billion at Alameda Research.
+
+I'll let you guys draw your own conclusions. Till next time!
+
+​
+
+# Errata and Addendum:
+
+In my haste to write this, I didn't double check the price of GameStop stock correctly. As everywhere has updated the price post split the actual price of the stock on Jan 27 was $86.88 x 4 or $347.42. Would change the calculations on what the tokens would've been worth at the time of mint by a factor of four as well. Arriving at the $4.1 Billion didn't change though as I used the ATH of $414.
+
+​
+Just as the title says, my wife and I recently became foster parents in Vermont. She asked her boss if she could have the option to work from home some days, as our child is in middle school, and she has some disciplinary issues. Her boss said yes, but that she would still need to use sick or vacation time on those days. That doesn't sit well with me. It sounds highly illegal. She has been employed there for five years, has been given added responsibilities as the head of day-to-day operations in her department, and her boss "works from home" any time there is a snow day, school break, etc... Leaving isn't an immediate option, but i assume you all will suggest it and we will have to seriously consider it. But what should we do in the meantime?
+
+
+Edit: thanks for all the responses! Our child is 12, and so far the disciplinary pieces have stayed attached to school and don't follow us home. Also doesn't require supervision throughout the day. Boss lady might not be making herself clear, or we may not be. The frustrating part  is that boss lady has been doing this exact thing with small children for years, and shows no sign that she's actually working, ie: responding to emails within hours. So my kneejerk of it being illegal doesn't sound correct, but it certainly isn't "chill." Just one more reason she's not a good manager. Wife is salary, and they're having to work overtime for the next few months, so at least she can be home with us at night and still accomplish her tasks. Thanks again everyone, this community might be one of the best on Reddit. You're always helpful
+I’ll just use an example because that’s probably the easiest way to explain this. 
+
+Say you’re looking at a $nvda put credit spread. $nvda is currently trading at $464. You buy an 8/21 427.50p at $4.85 per option and sell an 8/21 437.50p at $7.30 per option. This would give you a net credit of $245, and all you would need is for $nvda to not drop from $464 to below $437.50. If it were to go tits up, max loss in this situation is $755. For me, I’m willing to take the risk of losing $755 to gain $245, reliant on $nvda not dropping bigly. For this strategy to “win” long term, using numbers similar to this example, you would need to be successful <75% of the time (~$250 profit, ~$750 risk), which I think is very achievable when you’re this far otm.
+
+Obviously this strategy can be used on less volatile stocks, and obviously you’d want to stay away from $tsla especially. I’d stick to weeklies, as far away expiries are too risky for this imo.
+
+Thoughts? Am I retarded?
+Well not buying more because Im looking at the current market , but definitely buying more once it looks better and Idk buying at 2000$ , just waiting for the right moment to go in , if it goes down im going for something else and will wait till I get a perfect opportunity . What do you think y’all
+Official BLS Press Release: [https://www.bls.gov/news.release/empsit.nr0.htm](https://www.bls.gov/news.release/empsit.nr0.htm) 
+
+​
+
+>Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate  declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In May, employment rose sharply in leisure and hospitality, construction, education and health services, and retail trade. By contrast, employment in government continued to decline sharply.
+The market is behaving erratically and the volatility can catch many new traders off guard.  If you're actively trading throughout the day and you seem to be losing more than your gains, then step back and follow these basic rules to safely navigate the current market.
+
+1. Only trade stocks that are above the 200 SMA on *all* timeframes, and above the 20 and 50 SMA on the 5 minute timeframe.
+2. **Only trade stocks that are above the 50 EMA on the 1 Hour timeframe.**
+3. Only trade stocks that are above the 40 RSI on *all* timeframe, and above the 50 RSI on the 1 Day timeframe.
+4. Do not trade before 9:35 AM EST.  If you're absolutely new to day trading, then wait until 10:30 AM or later to trade.  Use the time to observe the market and feel how it's behaving using the SPY.
+5. Only trade stocks above the VWAP.
+
+Here are a few rules regarding risk management and position sizing:
+
+1. Only trade stocks *after* you determine the stop loss (SL).
+2. Take profit when the price hits **X \* (ENTRY - SL) + ENTRY**, where X is 2 or higher.  This is the Reward part of the Risk/Reward.
+3. Do not lose more than your 1% of your trading capital, if the stock hits your stop loss.
+4. Determine the amount of shares you should by based on the 1% rule using the following formula:
+
+**Amount of Shares = 1% (or less) of Capital / (Entry - SL)**
+
+I've created a free, open source risk management [script](https://www.tradingview.com/script/FanHP09w-Risk-Management-Position-Size-Risk-Reward/) on TradingView to help traders automate the position sizing part of the risk management strategy.
+
+Good luck and be safe in these trying markets.
+The market is behaving erratically and the volatility can catch many new traders off guard.  If you're actively trading throughout the day and you seem to be losing more than your gains, then step back and follow these basic rules to safely navigate the current market.
+
+1. Only trade stocks that are above the 200 SMA on *all* timeframes, and above the 20 and 50 SMA on the 5 minute timeframe.
+2. **Only trade stocks that are above the 50 EMA on the 1 Hour timeframe.**
+3. Only trade stocks that are above the 40 RSI on *all* timeframe, and above the 50 RSI on the 1 Day timeframe.
+4. Do not trade before 9:35 AM EST.  If you're absolutely new to day trading, then wait until 10:30 AM or later to trade.  Use the time to observe the market and feel how it's behaving using the SPY.
+5. Only trade stocks above the VWAP.
+
+Here are a few rules regarding risk management and position sizing:
+
+1. Only trade stocks *after* you determine the stop loss (SL).
+2. Take profit when the price hits **X \* (ENTRY - SL) + ENTRY**, where X is 2 or higher.  This is the Reward part of the Risk/Reward.
+3. Do not lose more than your 1% of your trading capital, if the stock hits your stop loss.
+4. Determine the amount of shares you should by based on the 1% rule using the following formula:
+
+**Amount of Shares = 1% (or less) of Capital / (Entry - SL)**
+
+I've created a free, open source risk management [script](https://www.tradingview.com/script/FanHP09w-Risk-Management-Position-Size-Risk-Reward/) on TradingView to help traders automate the position sizing part of the risk management strategy.
+
+Good luck and be safe in these trying markets.
+As I get older I feel my professional life just gets more ridic in terms of time demands 
+
+Currently working 50hr weeks on avg (min 45 max 55 generally)
+
+I'm on a great salary but a standard 38hr week is rare for me
+
+The work is always different and I actually get bored when I don't have new challenging projects to work on 
+
+Interested to hear from anyone who has be there done that and has since slowed down. I'll be able to slow down in 7 years when I've reached my financial goal of being mortgage free with passive income portfolio 
+
+Did you try something different e.g. change to running a small 9-5 business or something like that
+I’m currently with Westpac, and have to say their technology side of things is really crap and old school.
+
+- Maximum 6 character password, only letters and numbers
+- No authenticator app
+- No location based security
+- Still continues to send me paper statements for joint accounts
+- The general UI for their online banking is old
+- Can’t upload invoices or receipts against transactions or mark with labels like #tax
+- Need to call or visit a branch to open a joint account
+
+Macquarie does all of these things, plus more so seamlessly online.
+
+So it begs me to question, which banks do you find are the best with their “smart” features? I’m about to leave Westpac and wondering which ones would be the best to go to.
+http://imgur.com/a/aYVjO
+
+This was the first letter he sent to the shareholder after their IPO in 1997.
+
+Incredible ability to think long term. 
+
+Edit: Butchered the title
+I will be yolo’ing my entire life savings into GME at market open.  This will be my first ever yolo.  Wish me luck.  Will post proof after open.
+
+Edit: [yolo update](https://www.reddit.com/r/GME/comments/muqecv/yolo_aint_much_but_its_honest_work/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
+
+Edit 2: got the anonymous all-seeing award.  DFV if you are out there, thank you!  See you in Valhalla!
+You might not be aware of the farcical currently going on with Ledger, their app and their firmware updates unless you're inside the community forums or have recently been using your hardware wallet. It's a total mess and causing many people severe anxiety.
+
+​
+
+**Summary of events:**
+
+1. Ledger release firmware update.
+2. Firmware breaks the Ledger Nano S.
+3. Customers advised to install old version of desktop app in order to repair device.
+4. Repair constitutes the anxiety inducing process of resetting and restoring from your seed.
+5. Works for some, doesn't work for others who still have no access to device.
+6. Ledger release update to desktop software to fix bad firmware and allow repair.
+7. Worked for some, still not others.
+8. Waited until now to do the firmware update? They say it's fixed so you have the all clear, right? Bad move - it's still breaking devices.
+
+Their old software+firmware broke my first nano, their new software+firmware has broken my second nano. My first could be repaired, my second remains bricked.
+
+So as of today, hundreds or thousands of people are still locked out of their devices with the best case scenario being that a software update will allow them to reset their devices from seed.
+
+​
+
+**Conclusion:**
+
+This company's main value proposition is for the customer to completely trust them, right now and more importantly in the future once they return after hodling. Yes, you should have your seed to fallback on but no, you should not unnecessarily have these redundancies put to the test. My personal redundancy involved travelling to another location, all while being locked out of my funds.
+
+When I use a hardware wallet, I want to feel completely confident that I can leave it for years and know it's going to be ok. This type of amateurish lack of care reduces that confidence and makes me look elsewhere, most likely Trezor.
+Guten Tag to this global band of Apes! 👋🦍
+
+While the downward trend seems to have faltered a bit, it is clear that the institutional shorts haven't yet stopped fighting to live another day. Each day seems to bring more visibility into how they have been abusing ETFs such as XRT to short GameStop without taking a direct naked short position. This is something that has long been viewed, but until recently I had viewed it more as a sideshow to the direct short attacks on GME. However, it seems possible that shorting XRT has become their primary tool to shorting GME, and the numbers are *staggering*.
+
+Meanwhile, I cannot help but love how the subs are awash in purple circles - it is clear that DRS hasn't lost momentum, with Apes continuing to by and DRS at a steady pace. Apes, I cannot express how excited I am to see the number of shares held at ComputerShare is if GameStop shares that information in the next quarterly report, especially if the next few weeks include the unraveling of some of the SHFs unstable positions. Our Diamantenhänded grip on our shares is making a difference.
+
+Today is Thursday, January 20th, 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: **$107.40 / 94,67 €**  *(volume: 2716)*
+- 🟩 115 minutes in: $107.43 / 94,69 €  *(volume: 2463)*
+- 🟥 110 minutes in: $107.34 / 94,62 €  *(volume: 2281)*
+- 🟩 105 minutes in: $108.25 / 95,42 €  *(volume: 2237)*
+- 🟩 100 minutes in: $108.24 / 95,41 €  *(volume: 2199)*
+- 🟩 95 minutes in: $108.23 / 95,40 €  *(volume: 2179)*
+- 🟩 90 minutes in: $108.17 / 95,35 €  *(volume: 2105)*
+- 🟥 85 minutes in: $108.16 / 95,34 €  *(volume: 2046)*
+- 🟥 80 minutes in: $108.19 / 95,36 €  *(volume: 2007)*
+- 🟩 75 minutes in: $108.20 / 95,38 €  *(volume: 1853)*
+- 🟩 70 minutes in: $107.94 / 95,15 €  *(volume: 1738)*
+- 🟩 65 minutes in: $107.68 / 94,91 €  *(volume: 1716)*
+- ⬜ 60 minutes in: $107.13 / 94,43 €  *(volume: 849)*
+- 🟥 55 minutes in: $107.13 / 94,43 €  *(volume: 748)*
+- 🟥 50 minutes in: $107.15 / 94,45 €  *(volume: 740)*
+- 🟩 45 minutes in: $107.25 / 94,53 €  *(volume: 738)*
+- 🟥 40 minutes in: $107.18 / 94,47 €  *(volume: 723)*
+- 🟥 35 minutes in: $107.27 / 94,55 €  *(volume: 629)*
+- 🟥 30 minutes in: $107.27 / 94,56 €  *(volume: 622)*
+- 🟥 25 minutes in: $107.32 / 94,60 €  *(volume: 614)*
+- 🟥 20 minutes in: $107.36 / 94,63 €  *(volume: 611)*
+- 🟩 15 minutes in: $107.38 / 94,65 €  *(volume: 559)*
+- 🟥 10 minutes in: $107.37 / 94,64 €  *(volume: 417)*
+- 🟥 5 minutes in: $107.52 / 94,77 €  *(volume: 213)*
+- 🟩 0 minutes in: $107.70 / 94,94 €  *(volume: 98)*
+- 🟥 US close price: $106.57 / 93,94 €   *($106.89 / 94,22 € 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 1.1345. 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!
+You can have multiple post office boxes in other towns, unique usernames, unique single use emails, strong passwords, even a phone password set up. But none of that matters if the phone rep doesn't go through or isn't required to go through all the protocols. In spite of having a verbal password, fraud alerts, etc set up on my account someone was still able to talk their way into changing the phone number, address and email on my account. They were then able to reset the password. Luckily I have alerts turned on so I was able to react IMMEDIATELY and lock the accounts. It still took literally THREE HOURS of phone calls, being transferred, talking to representatives, etc to get it all back "secured" and even then I'm still not convinced the scammer will be thwarted in the future. All the identity theft/bank info focuses on what you the individual must do to secure accounts but in reality it's the financial institution that's the weak link. Someone's credit card number or birth date or mother's maiden name ARE NOT SECURE pieces of information!!! 
+
+​
+
+And even though they claim phone calls are recorded, apparently there's no way to get a human to actual review the recording or any information about where the security hole is to plug it.
+
+​
+
+There's also no way to escalate or call attention to the issue beyond them just resetting the accounts and sending replacement cards. Even though chase spent 600 billon on cybersecurity apparently none of that went to training the phone representatives not to just change information online. You can't lock the account so any changes need to be done in person and show ID. I can't believe in 2021 my financial well being still is dependent on someone knowing my zip code and birthdate.
+
+​
+
+And (thankfully) since I stopped them before any money was taken, it's not a priority for them because there's no financial loss. 
+
+​
+
+I'm at a total loss what to do other than give up all my credit and credit history I've built up over my life. I feel defeated. 
+
+​
+
+Posting this so people are aware that the vulnerability might not be on their side and also in case anyone has advice for what more I could do. (Although I'm literally beside myself on what other protocols I could put into place.) It's SHOCKING how much information phone reps give away. When calling AmEx, they volunteered which types of cards I had AND the name of the authorized user without any verification even though I also supposedly have additional verbal password set up on that account too.
+
+​
+
+I just wish phone support could be entirely disabled.
+I realize a lot of posts on here talk about what to do after they've developed algorithms or other topics, but there isn't much on where someone should turn to to learn about the basics in depth (things like what a market is, how to understand it, etc.). Google yields a combination of "get into algo trading quick" pages and Quora posts, so I would be interested to hear the opinions on this forum.
+
+Does anyone know books (either textbook or regular book) or online resources that help introduce the basics/building blocks/concepts before one jumps into developing algorithms or algorithmic trading as a whole? Or even a harsh guide to algorithmic trading, akin to [this one](https://www.reddit.com/r/MachineLearning/comments/5z8110/d_a_super_harsh_guide_to_machine_learning/?st=jcjzgnbn&sh=3f81c188) on /r/MachineLearning. I am not in this for money or yielding a profit, but rather on pure interest, and am content with it taking months before I can produce something. Thank you for your help!
+
+If this post does not comply with the rules, please let me know and I will delete it immediately.
+I suppose I'm not that afraid of announcing this "strategy" because I assume every trader and their mother has probably considered this one time or another. I also don't see how it would hurt sharing this... if more people buy these stocks, the price ought to go up even further right? Anyways I'm just a hobbyist looking for a slight edge over an index fund. Backtests suggest this simple strategy could get me there. 
+
+
+Maybe this isn't considered "algotrading" because I don't really need to "daytrade" or trade in seconds/milliseconds to deploy this kind of strategy? 
+
+What am I missing? Is there any reason this is a bad idea? I assume an experienced trader can do way better than this, but for the hobbyist? Sounds decent to me.
+Would you guys say that I can learn Pinescript from just reading Tradingview’s user manual?
+
+https://www.tradingview.com/pine-script-docs/en/v5/index.html
+
+There aren’t many courses or videos online on how to code Pinescript, and so I was wondering if you guys thought it was possible to learn Pinescript all through the user manual. If not what resources do you recommend? I feel like some of the YouTube videos out there are too long for one concept, simply because there still aren’t a lot of channels that teach Pinescript right now and so the ones that do teach probably try to have a longer duration for monetization purposes (except for QuantNomad’s 3-5 min vids). I found a course on udemy as well but I’ve never really used udemy.
+
+Thanks in advance!
+Hi everyone, 
+
+It is my first post here and I hope this thread is going to be of interest to many of you.
+
+I have been building MM (in a LOB context) algos for some time now. Some successful, others money losing machines. As you probably know adverse selection is the main risk to market makers. I have identified three ways of avoiding it:
+
+1) Obtain better price information, faster, from many sources.
+
+2) Adjust prices up or down based on trade flow and trade-throughs
+
+3) Stop quoting entirely for some time on one side if quote keeps getting filled.
+
+Do any of you have other ways of handling the problem and reducing stale quotes?
+
+Thank you,
+
+Edit: If you are going to tell me to not try because I don't have the resources, just assume I have it. It is a general discussion for people who want to share ideas and learn.
+Michigan-based entrepreneur Robert Simpson decided to see what would happen if he bought the entire stock of one company. Using a single broker, within a couple of days Simpson had paid a little over $5,000 for 1,285,050 shares in OTC bulletin board property-development company Global Links. According to Simpson, these shares were delivered into his account shortly afterwards. Yet the following day 37,044,500 Global Links shares were traded on the bulletin board. The next day, 22,471,000 shares were traded. On neither day had Simpson traded a single Global Link share, he insists. And events surrounding Simpson's investments became yet more confusing. Global Links had only ever issued 1,158,064 shares. Simpson had managed to acquire 126,986 shares that did not exist. How he had managed to be sold more shares than were in issuance is exactly the question Simpson hoped his foray would raise.
+Haven't seen this noted anywhere yet. Both have of announced Russia as 'uninvestable'. These are the two big boys as far as international is concerned, should expect the rest to follow suit. We should expect further dips as passive indicies liquidate Russian exposure.
+
+Russia isn't a huge piece of the global universe, before all this it made up 3% of the MSCI EM, but most expected this to take more time to implemented.
+Perhaps the individuals reading this post should be wary of suggestions that "losing credibility" is important to this subreddit as though this subreddit was representative of some centralized organization that operated on reputation rather than what it actually is - a bunch of individual investors hypothesizing about a particular investment they happen to share. Or perhaps not. That's up to their individual thoughts.
+
+Perhaps if what you're used to is centralized authority that leverages wealth into greater authority and authority into greater wealth, it's difficult to comprehend that reputation is not the be-all and end-all of everything. That's okay, understandable, even - but it's also not the way a broad, decentralized group of individuals who happen to agree with something operates.
+
+And perhaps in that bias, the leaders of some of those centralized organizations might think sowing ideas that there is some form of looming credibility damage of a group that very pointedly dislikes claims of "correctness through credentials" will itself facilitate damaged credibility and thus dismissal of that group of individuals by other individuals outside that group. If so, this particular individual finds those efforts... amusing.
+
+By all means, continue to attack the credibility of a forum calling itself "Superstonk" that openly celebrates eating entire jars of mayonnaise and shoving bananas up asses, as if it was something any of these people were trying to put on their CVs. Credibility isn't the point, correctness is. The former does not imply the latter - it only implies how strongly the reader believes they can dismiss the latter by only paying attention to the former.
+A study conducted by Standard Chartered found that among the emerging affluent in Asia, India is the most investment savvy nation, with 67% of the affluent class using investment instruments to achieve their financial goals.  
+This study throws up a few interesting insights about India:
+
+* While 67% look to achieve their financial goals through investment products, only 31% of the affluent class use mutual funds to achieve their goal.
+* A vast majority, \~ 79% of the respondents believe that managing their finances effectively is key to achieving social mobility, but 55% feel held back due to their lack of financial knowledge.
+* 69% of the respondents say that they would trust online advisers and invest with them (The highest number among the markets studied).
+
+The link to the study: [https://av.sc.com/corp-en/content/docs/SC-Emerging-Affluent-Study-2018-Climbing-the-Prosperity-Ladder.pdf](https://av.sc.com/corp-en/content/docs/SC-Emerging-Affluent-Study-2018-Climbing-the-Prosperity-Ladder.pdf)
+
+​
+
+ What are your thoughts?
+Hi, 
+
+What is the general opinion on apps like IndiaP2P, Grip, Invest which provide alternative tools for investment like opportunity to invest in startups, lease agreements etc
+
+1. How reliable and transparent are these platforms? 
+2. What has been your experience and would you suggest 20-30 year olds with higher risk appetite to use the same? 
+3. How does these investment tools play in your general investment strategy?
+I’m considering selling 80% of my company to a PE, and continue to grow it. It’s still growing strong and I’m confident will continue to grow, but this is the time to get a higher bid/multiple.
+
+Has anyone sold their company and then regretted it? Any advice on how do decide if it’s time?
+Hi, I don't know anything about the stock market, I have a scene in which I want some realistic software/sites to be onscreen on multiple monitors in the background. Without getting too deep into it, is there a website or simple program that will give me a live feed (or what appears to be one) that you can recommend to me? 
+
+Thanks
+Wes Christian explains that prime brokers are the real orchestrators of the crime on Wall St. just like 2008 . 
+This was the best of the GameStop documentaries I have seen thus far. This clip stood out to me so I thought I would share it, as I finally have the Karma to do so. Share this documentary with others that don’t know what is happening.
+I'm male, 33, married with 3 kids (5,3,0. And yes, I know. Terrible names...) 
+
+I hit $130,000 in passive revenue this month, (not really passive. Rental real estate) and my net operating profit margin is a little under 55% right now, so I hit my goal of $60,000 NOI per month (adjusted for inflation since 2008 when I set the goal). 
+
+It took a long time, and I'm super happy about it, but I can't tell anyone. My wife doesn't even really know how much money we have now. I'm very weird when it comes to money (ie, I bought a "new" car for $2,175 in between two +$1MM property purchases because I'm a cheapskate, and I have several hundred rental properties (all low income), but I myself live in a rental home. Again, because I'm a cheapskate and didn't want to spend down payment money on a house when I could spend it on multifamily properties)
+
+Total debt from my real estate portfolio is about $4,820,000 and the value is probably in that $12MM - $16MM range, which is still on the low side compared to comparable sales. 
+
+It's not passive because I do the offsite management (cheapskate), though I don't "do" things. No fixing. No onsite. I own 11 multifamily properties in 6 states, and only 2 in the state I live in, so I only do the paperwork/bill paying/accounting side of things.
+
+Nobody knows. I look like a hobo sometimes because I own only 5 pairs of everyday pants, and they're all the same (4 light grey, 1 dark grey), I only wear t-shirts and wool hoodies/quarter zips. I drive an old minivan, and my wife drives a slightly less old minivan. I rent a very normal townhouse in a slightly-lower-income-but-not-too-bad part of town. 
+
+I haven't decided what to do now with all the money, other than continue re-investing it. I kind of don't want to do that forever. My wife's a couple years older than I and is a veterinarian. She deserves nice things. However, I don't know what to get now that I've hit my goal. Obviously a house, which we'll start building this or next year, but that's all I've been able to come up with. I'll pay down some debt probably, but that doesn't translate into any meaningful lifestyle change.
+
+My wife is incredibly patient and supportive. I want to tell her what I've been able to build up lately, but she has zero interest in money related things. Which is a good balance, because that's about all I care about. Money scares her a little, and she asks me not to tell her too much about the finances, so I only giver her the broad strokes. She knows we're sort of rich, but living poor so that we can save up for the future. I do have an emergency file for her in case I die unexpectedly, but she knows very little about how much money we actually have.
+
+I have this weird mental block about spending money. Now that I've reached my goal, and since I've kept it a secret so long, it's been anticlimactic since I haven't told anyone. It's not depressing or anything, just a little air out of my sails. 
+
+So, I figured the best place would be to post on this sub which I troll but never post on because I need to tell somebody, and the nameless kindred spirits here seem like as good a group as anyone. 
+I feel like I waste so much opportunity cost doing the laundry, folding it, putting it away, etc. At least a few hours a week.
+
+What are the best solutions you all have come up with? I have never tried the house staff/maid route and am hesitant to go down that path. I sort of don't want random people in my home. Is it worth it from the convenience point of view?
+
+Laundry services maybe? Dry clean everything?
+I’ve been at the same mid/large size company in MCOL for about 15 years. Started at the bottom making about 35k and now am at exec level (VP) in title, but feel I’m pretty far down on the comp side despite coming quite a long way. Currently roughly 215k base + 100k annual bonus + annual options grant. Company isn’t public, so options value is questionable.
+
+It looks like a reorg is looming, and with it I might pick up more responsibility (I suggested that I take over an underperforming organization). While I’ve done well in my career, I feel like I always make the same mistake of just saying “Yes” to taking on whatever the company asks me to do without really “playing hard ball” on comp. I haven’t wanted to be the person who is “hard to deal with” and miss out on future opportunities due to brand damage. But now I’m ~$100k lower than some of my peers. 
+
+How have you handled conversations like this? Leader comes to you with a message of “We think you’re great and want you to take on this other workload and we’re going to let go of this other person who is under performing. Congratulations!”. Do you stop it in it’s tracks and ask about comp and negotiate? Any tips or strategies?
+https://www.cnbc.com/2022/02/15/airbnb-abnb-earnings-q4-2021.html
+
+>Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.
+
+>The company’s stock jumped more than 7% in after hours trading.
+
+>Here are the key numbers:
+
+>Earnings per share: 8 cents vs. 3 cents expected in a Refinitiv survey of analysts
+>Revenue: $1.53 billion vs. $1.46 billion expected by Refinitiv
+>Airbnb expects first-quarter 2022 nights and experiences booked to significantly exceed Q1 2019 levels. It estimates revenue to fall between $1.41 billion and $1.48 billion in the first quarter of 2022, topping analyst estimates of $1.24 billion.
+
+>The company reported 73.4 million nights and experiences booked in the fourth quarter, down nearly 8% from the prior quarter and missing estimates. Analysts were expecting 74.96 million nights and experiences for the quarter, according to StreetAccount. Still, the figure is up 59% year-over-year, when the Covid-19 pandemic weighed heavily on the travel industry.
+
+>Airbnb said in its fourth-quarter letter to shareholders that it has rebounded quickly from the impacts of the pandemic. The company said the negative effects of omicron on bookings and cancellations were lower than it experienced with the delta variant. Gross nights booked in December were up more than 40% compared to 2020, the company said.
+
+>“Despite the continued near-term uncertainties, we see evidence of strong pent-up demand: as of the end of January 2022, we had over 25% more nights booked for the summer travel season than at this time in 2019,” the company wrote.
+
+>Revenue for the fourth quarter came in at $1.5 billion, up 78% year over year. Airbnb reported $55 million in net income, its first Q4 profit. It’s a decrease from the prior quarter but a huge improvement from the $3.89 billion net loss it posted in Q4 2020.
+
+>Gross booking value, which Airbnb uses to track host earnings, service fees, cleaning fees and taxes, totaled $11.3 billion in the fourth quarter, slightly over Wall Street estimates of $11.08 billion, according to StreetAccount.
+
+>Average daily rates rose 20% from a year ago to $154 in the fourth quarter.
+
+>Airbnb has spent much of its time focusing on a sort of “travel revolution,” as remote work becomes a more permanent option for many across the U.S.
+
+>As a result, Airbnb said average trip length during the past two years increased by about 15%, with stays of more than seven days now representing nearly half of all gross nights booked. Meantime, long-term stays of 28 nights or more continued to be its fastest-growing category by trip length. Those extended stays accounted for 22% of gross nights booked in the fourth quarter, up 16% from Q4 2019.
+
+>The company said it had its greatest number of listings yet, but did not provide a figure.
+
+Shares are up 5% in AH.
+
+Personal take: I personally remain bullish on Airbnb, and I think they are one of the companies that will strongly benefit from a post-Covid travel surge worldwide. 
+
+**Disclosure**: [I have long positions in $ABNB](https://www.wealthly.com/share/7LEA64)
+​
+
+# 0. Preface
+
+Hello apes! I am not a financial advisor and I do not provide financial advice.
+
+There's some hostility over a new term that popped up recently (DSPP). And there's confusion on both sides regarding DSPP versus DRS. I'm here to hopefully settle that confusion. Thank you /u/Snoo_75309 I've seen you pushing this information as well.
+
+TL;DR: **DSPP and DRS accomplish the same thing.** They both result in giving **you** ownership of shares on ComputerShare/GameStop's books. The only difference is that you use one or the other depending on if those shares have already been purchased or not.
+
+In a general sense:
+
+Direct Registration System (**DRS**) = You have already purchased shares at a brokerage. **The brokerage owns these shares** despite you having the shares in your brokerage account under them because the broker purchased the shares in **their** name. **A DRS must be used to transfer ownership from the broker to you.**
+
+Direct Stock Purchase Plan (**DSPP**) = You haven't purchased shares yet. You either do a one-time purchase of shares or set up a recurring purchase of shares through ComputerShare. They route your order to a broker and because the shares are purchased in **your** name, you're automatically registered as the owner of those shares.
+
+And if it's still weird to you, hopefully the charts below will make some more sense of this.
+
+Not really DD so much but uhhh the flair typically gets more traction and I think it's good if the information is spread out.
+
+# 1. Purchasing at a broker results in "beneficial" ownership of the shares. You do not own them - your broker does.
+
+\*Note that Fidelity is simply used as a replacement to the term "broker" to make it easier to understand as an example.
+
+Let's say that you open up a Fidelity account and click to purchase 100x shares of GameStop. What Fidelity will do is take your cash and then send an order to the market. Fidelity receives those shares from the market and credits your account with **"owning"** 100x shares.
+
+Now the problem with the above is that Fidelity took your cash and then placed the order in **their** name. This results in Fidelity being the one who purchased the shares, not you. So, these shares remain free floating as tradable under the DTC and ComputerShare/GameStop does not know that you purchased any shares at all.
+
+Fidelity owns the shares that **you** purchased, and they give you "beneficial ownership" or "street name" ownership to say that they own the shares on your behalf.
+
+[Purchasing Shares Through A Brokerage \(Beneficial Ownership\)](https://preview.redd.it/nas13hb3koq71.png?width=1031&format=png&auto=webp&s=13298bec9901fd9d48778f7ec1d2738050bfb0df)
+
+An even bigger problem that can occur is Fidelity can just take your cash and won't buy shares in the first place, resulting in them placing IOUs / phantoms / counterfeit shares on your account. This would be done through internalization, where the broker sells you shares "against their own inventory" of shares rather than on the market, and they then carry a liability on their balance sheet.
+
+/u/moondawg8432 discussed this and how it's "[Contract For Difference](https://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp)" (CFD) which is illegal in the US. You should take a look at their post for some additional discussion:
+
+[https://www.reddit.com/r/Superstonk/comments/py33nd/i\_am\_going\_to\_say\_it\_brokers\_are\_breaking\_the\_law/](https://www.reddit.com/r/Superstonk/comments/py33nd/i_am_going_to_say_it_brokers_are_breaking_the_law/)
+
+We've seen some peculiar cost basis changes of their shares when apes transferred brokers or registered their shares. While it's not screaming evidence of them internalizing orders, it's still quite concerning and points towards it.
+
+It's something that happened before with CMKM Diamond when they registered their shares. They found that the brokers would take cash and not even buy shares by internalizing the orders, eventually leading to the trillions of phantom shares for that security:
+
+>NHH directed all shareholders to obtain their stock certificates and exchange them for new shares. That‘s when the masses of phantom shares and corruption of some big brokers came into stark view. **Many investors discovered that their brokers had taken their money and never bought or received CMKM shares.** \- [Source](https://www.thekomisarscoop.com/2020/03/how-phantom-shares-on-wall-street-threaten-u-s-companies-and-investors/)
+
+Which then leads the brokers being able to legally say they're not lending **"your"** shares because they don't even have them in the first place.
+
+But that's all getting out of scope of this post - it was worth mentioning so that discussion still flows regarding CFD.
+
+# 2. DRS must be used for shares currently under a brokerage account to transfer them to YOU.
+
+Going back, there is now only one option for you if you want to change ownership of shares **from the** **brokerage to you**. Because these shares have already been purchased and are "Street Name" owned, they need to be transferred from the brokerage account.
+
+The broker will initiate the request with ComputerShare and the DRS process is handled between the two counterparties. When it's finalized, share ownership is officially moved from the broker/DTC and into your name.
+
+The broker loses ownership and you gain ownership - and thus part of the float is locked up.
+
+[Direct Registering Shares \(Street \\"Beneficial\\" --\> Book Ownership\)](https://preview.redd.it/6jb00knokoq71.png?width=1031&format=png&auto=webp&s=c9680415b7363cc73bba797a30119c1d9bf436a5)
+
+# 3. DSPP is a program provided by ComputerShare for new share purchases to immediately be registered in your name
+
+But now what the hell is the Direct Stock Purchase Plan (DSPP) that has been floated in comments and posts lately?
+
+I've seen comments about how DSPP is the way and DRS is a distraction, but that's not the case since they both accomplish the same thing. DSPP and DRS both register shares in your name, it just depends on where those shares are currently located.
+
+**Unlike DRS which is for shares that were already purchased and in a brokerage account, DSPP is for new shares that have yet to be purchased.**
+
+The old [archaic way](https://www.investopedia.com/terms/d/directstockpurchaseplan.asp) of DSPP was that you'd enter into a cyclical purchase plan to buy stock directly from the company themselves when they issued new shares, bypassing the broker completely. That method has since died off mostly because GameStop isn't issuing new shares and most companies haven't participated in the service for the past two decades.
+
+That all being said, there are now "DSPPs" offered through transfer agents, which are still functionally the same by getting you direct ownership of the stock. The difference is that the shares have already been issued and are in circulation so it is not directly sold to you from the company.
+
+You've probably seen the below in a few ComputerShare posts and wondered why it says "DirectStock Plan":
+
+[ComputerShare DirectStock Plan](https://preview.redd.it/u2jjp97eroq71.png?width=553&format=png&auto=webp&s=c53f18b13ff2d6ce6202bada94c3a1b6e49aaf7f)
+
+The above means that the user has purchased **completely new shares** through ComputerShare versus a DRS request to transfer their shares from the broker. ComputerShare allows you to enter into a "DSPP" in which you purchase shares on the lit exchange and it immediately gives **you** ownership because you purchased the shares in your name. You're no longer under a brokerage in this case, so the brokerage can't take ownership of the shares.
+
+For this case, you'd open up a ComputerShare account and click to purchase GameStop shares. ComputerShare routes your order to a broker in your name, resulting in the shares coming back as purchased by **you** which ComputerShare then marks down as you having ownership of the stock.
+
+And if desired, you can enter into a cyclical "plan" where a recurring investment occurs to buy additional shares the same exact way.
+
+[Direct Stock Purchase Plan \(DSPP\)](https://preview.redd.it/wocg3kjlwoq71.png?width=1031&format=png&auto=webp&s=f78383714233f6f0272bf97a4497101dfde7d1e9)
+
+# 4. Conclusion
+
+There is no benefit of one over the other when it comes to DRS vs DSPP as they are both stock registration methods. Neither one is a "distraction".
+
+If you currently **have shares** in a brokerage account, you must use **DRS** to transfer those shares over to register ownership because the broker currently owns the shares, not you.
+
+If you currently **do not have shares**, then you can utilize **DSPP** through ComputerShare to immediately get those registered in your name when they're purchased because you are bypassing the step of having "beneficial ownership" through the broker.
+I was calculating my net worth and realized that I could withdraw $14.38 per day - enough to eat for the rest of my life.
+
+It was very freeing to think that I could comfortable eat for the rest of my life all thanks to financial independence.
+
+Just something that I thought was worth sharing.
+Hi all,
+
+This is my first time dealing with a major car accident like this. Luckily I wasn't in my car or in the lot when it happened. My insurance will have to assess the damage, but it is very likely to be totaled (the entire rear end was destroyed, wheel axel severely bent). What are my options financially? Should I just wait until my insurance company offers me a settlement and hope it's enough to replace my car? For anyone who's dealt with this kind of accident before, I appreciate any advice.
+Compulsory super was introduced in 1986. For those born in 1968 they were18 at the time they. This generation will be 60 in 2028, they will effectively be the first generation to retire with a full super behind them (& in many cases a valuable house or two).
+
+Id like to know what people's expectations are, basically from as early as 2028 or more likely 2032 everyone who is at retirement age will have a full super behind them. 
+
+How will this affect the economy? 
+
+Is there any sectors/industries you think will see growth in business - tourism, cruises, lawn bowl clubs etc
+I’m interested in hearing about the ways you all earn money as well as working full time. I’m not asking how to do it only what you personally are doing and how good/ bad it’s going so far
+**Update: Decreased to [**344%**](https://imgur.com/gallery/ueesBZq) on March 16th.**
+
+Morning All, as part of my daily "Fidelity Share Lending" Post I check Fidelity's Margin Requirement to Short GME.  Saw an unusual change and figured I'd mention it.
+
+Interestingly, after yesterday's SEC urging and RC's tweet; Fidelity suddenly increased their "Concentration" portion of the Rate.  Total Margin Rate has been steady at [**335%**](https://imgur.com/gallery/2hYF2Wc) for sometime; but this morning it went to [**356%**](https://imgur.com/gallery/ign3N4q)...  <-- Updated with 100 Borrows to maintain consistency.
+
+Prior with just 1 Borrow [**356%**](https://imgur.com/gallery/eQGjK99)
+
+Quite the timing don't cha think?  😉
+
+Happy Ides of March!  
+
+Edit: Adding a little context:  
+
+**Fidelity**: Hey SHF, ya know them shares you borrowed?  
+
+**SHF**: Yeah. What about them?  
+
+**Fidelity**: Well, in regards to the Collateral you used...ya know the Securities that are tanking?...  
+
+**SHF**: Uhm.... yeah...  
+
+**Fidelity**: We are going to need you to deposit ~~21%~~ 6.2% more Cash/Collateral to maintain that position like right now mmm k?  
+
+* Corrected because I can't do math.  Thanks to u/DiscardedPack who discreetly let me know, but I'm a retard and appreciate the correction.  Props!
+
+**SHF**: GUH!
+My first job out of college was at a huge corporation similar to Intel. I worked there for 2 years before I left, and most of the people I worked with had 30 or 35 years with the company, hoping to ride it out for a few more years until retirement. The guy who sat next to me in the office was in his late 50s/early 60s and made ~$120k a year with 35 years of service. But his house still wasn't paid off, he bought new cars every few years, and he would sometimes admit to me that he was worried about his retirement. I think having an entry level job at a large company and looking around, seeing people in their 50s and 60s worried about their future, is a large part of what inspired me to save as much as possible, as early as possible.
+
+-----
+
+**Here's the article:**
+
+You know, I literally thought I was untouchable.  I had been with Intel for 28 years.  I'm not worried about losing my job, maybe a redeployment, and a new job is like a vacation right?  I got to work early Tuesday morning.  I had some notes and items to get cleaned up prior to an important meeting.  I noticed a 10:00am meeting on my calendar with my manager.  Didn't think much about it.  I was happy and smiling, when I approached the conference room door I noticed the HR representative sitting with my manager.  Now it doesn't take a lot of sense to know that this probably isn't about that big raise they are going to give me for being such a great employee.
+
+The HR person got right to business and told me as of this moment I have been terminated.  I said this must be some kind of a mistake or a bad joke.  As the HR representative stared at me with cold dead shark eyes I realized she was not joking.  My actual response was " I have things to do cant we talk about this later" she said No, I want your badge (ID) immediately.  You must turn in your Laptop and any Intel property you have.  It was a surreal out of body experience.  I was literally on the ceiling looking down at this entire situation and I didn't like it. Now this is the pleasant most humiliating part.  After helping actually build this site, I was escorted back to my office and handed a shopping bag.  I dumped the contents of my backpack on the desk, picked up the pictures of my kids and grandkids and left everything else ( why would I want anything from a company that betrayed me after 28 years).  I was marched down to a conference room and handed a thumb drive and told to take all the personal items off my laptop and to wipe my phone.  But just prior to doing that, the technician assisting grabs the laptop out of my hand and states he has to disable the wireless so I don't send off some information or a an email warning others (Ha Ha)  I have been with the company 28 years, I didn't become a criminal  (like I was being treated) within the last 15 minutes.  I was walked to the door and I never looked back.  I kept hearing I'm sorry behind me, trust me it didn't help.
+
+As I walked to my car my head was swimming with emotions.  I was mad, I was enraged, I was literally shaking and when I got in my car I realized like I looked like I had been punched in the face.  I was not in a good place and I really shouldn't have gotten behind the wheel in that condition.  So I sat for a moment, but the longer I stared at the building the more upset I had become.  Losing your job after 28 years is like losing your family.  No I cant call them up, no I cant go to lunch and just chat, I am alone now.
+
+This first thing I did when I got home was pick up the laptop and start looking for jobs.  I whipped up a 20 minute resume thinking that I am so talented that I will have a job by tomorrow.  My head was spinning.  I was applying for every job I thought I would have a chance at.  McDonalds, Dog walker, bus boy, landscaping (mowing lans), you get the picture.  Keys pounding, resume's flying out of my mail.  
+
+Then my daughter called me.  She is a very level headed woman that has held some pretty lofty positions in the entertainment industry in Hollywood.  She was right on the money when she said " How many resumes did you send out today" I responded gee, I don't know 10 or 12 I can even remember the names of the companies.  She said I want you to put down the laptop and listen to me.
+
+Here is what she said.  A tragic thing happened to you today.  Your mind is reeling and you probably have a big case of anxiety and frustration.  You picture yourself living n a box under the overpass.  Your family thinks you are worthless, you think you are worthless, everyone in the world is against you.  Just drive off into the desert and die somewhere, the world will be better off.  All I could do was listen in amazement as she perfectly explained my state of mind.  She said I know because I have been then 3 times now.  Then came the words of wisdom.
+
+She said: you are a talented individual.  It is unfortunate what happened but it did and anything you say or do isn't going to change it.  You cant cry over spilled milk, its gone!  You need to take a couple of days or even a couple of weeks and decompress.  You are not an Intel employee anymore.  You do not have deadlines and commitments to meet.  you don't have to sweat over all the work that was hanging over you head like an ax on a thread waiting to lop your head off. STOP, STOP and STOP.  Take a breath.  She asked " What do you want to do"  Do you want to go back to work so bad that you are willing to accept another job that you would be miserable in or do you want to take your time, think about your skills and how they could apply to the job that you really want.  This is your chance to reinvent yourself.  Everyone that loses their job goes through this exact feeling of "disconnected".  Take this time to reflect, don't think so hard about getting a job. Think hard about what I want to do.  I don't want some job at McDonalds or Walmart.  I want to work for the Forest service, or I want to have a job that allows me to be outside, I love highly technical things, I love golf, I love outdoor sports, I love target shooting, I love building motorcycles, I love wiring homes, I love technical problems that I can dig into and fix.  The point is I have many skills.  Those skills did not go away when I left my job of 28 years, but it sure felt that way.
+
+No, No, No,  You are what you have always been.  A very talented person with skills that can be used in several areas that would accommodate exactly the job you want. Don't settle for a job that will just be a job.  Go for a job that will bring you some happiness.  I love sports, outdoors, meeting new people, fixing things, helping people, above all I love life regardless of what curve balls it throws at you.
+
+Big Corporations don't care that you have a mortgage 3 kids and a car payment.  Stop being a victim and start being aggressive in getting what you want for a change.  Like a job you love.
+
+Take a deep breath, relax, you are important, you are needed, you do have a place on earth and people rely on you to be strong.  Above all your family and friends Love you and honestly, any job or money cant buy that.
+
+-kim
+
+Source: https://www.linkedin.com/pulse/lost-your-job-recent-layoff-kim-williams
+ 
+
+[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.
+
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+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
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+
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+
+***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!*
+**TL;DR:**
+
+* **With** u/ksuvuelalfusuwnsl **'s find\*\*, there may be a chance that JP Morgan Chase is "tokenizing" BlackRock's MMF (Money Market Fund) shares into crypto shares so that they can effectively either (a) pull another money grab or--worse and more likely--(b) effectively use these new BlackRock tokenized MMF shares as collateral BECAUSE they are propped up by treasuries (i.e. the overnight repo market).\*\***
+* **JPM has already tokenized at least 300B worth of treasuries earlier this year using Onyx in the repo market. Onyx smart contracts allow for users to not have to wait for "overnight" use so that they can grab treasuries whenever they need them, where the process is "automated" and "debt securities don't even need to leave balance sheets".**
+* **They're not the only ones working on such projects: Arca Labs & Securitize Partners are working on a tokenized US Treasury fund which sounds like more bullshit.**
+* **After following up on an old-post by** u/easymoneeybabe\*\*\*\*, these Onyx smart contracts are probably run through atomic swaps. Atomic swaps hinge on what's called an HTLC (hashed timelock contract) where once the smart contract is executed, a timer starts and the funds have time to swap without an intermediary (wallet-to-wallet).\*\*\*\*
+
+​
+
+EDIT 3: Some comments from oldmanrepo below on their thoughts on this
+
+https://preview.redd.it/lr5fjl02i70a1.png?width=910&format=png&auto=webp&s=89ab8dfb92e449c5bbc373a1ca0855c25cffe785
+
+I'll make this quick as it's basically the title. I wrote this comment on the following stellar find byu/ksuvuelalfusuwnsl and their post: [https://www.reddit.com/r/Superstonk/comments/yu8204/onyx\_by\_jp\_morgan\_allows\_tokenized\_stocks\_to\_be/](https://www.reddit.com/r/Superstonk/comments/yu8204/onyx_by_jp_morgan_allows_tokenized_stocks_to_be/)
+
+​
+
+https://preview.redd.it/va7kx4fmh70a1.png?width=2428&format=png&auto=webp&s=c50b336f876c579ecce72f947396b99eef2d624d
+
+I wrote the following comment below and some suggested I make it into a post for more visibility:
+
+\------------------------------------
+
+​
+
+I had to reread this again:
+
+>**J.P. Morgan has completed a landmark transaction on Onyx Digital Assets using tokenized ownership interests in Money Market Fund (MMF) shares as collateral.**
+
+Am I fucking reading this right?
+
+MMF shares are like when you deposit $100 into Fidelity but don't use it right away, it might sit there as 100 shares worth of $1 each of SPAXX (their Money Market Fund). I first wrote about how this mechanism works for money market funds in 2 separate posts:
+
+​
+
+https://preview.redd.it/k6xadk6wi70a1.png?width=1024&format=png&auto=webp&s=50fd51e761a56bde99a5733a4719f7b1845d5fd8
+
+Pt. 1: [https://www.reddit.com/r/Superstonk/comments/vbgtrr/099509975\_pt\_1\_the\_depegging\_danger\_zoneand\_what/](https://www.reddit.com/r/Superstonk/comments/vbgtrr/099509975_pt_1_the_depegging_danger_zoneand_what/)
+
+* **Relevant TL;DR:When you transfer money from your checking account to a big broker like Fidelity or Vanguard, any unused money not spent buying GME just sits there. This money doesn't actually just sit there as cash, but instead you have shares of a money market fund (like Fidelity's SPAXX) where you have a number of shares equal your cash position. A $100 deposit to Fidelity gives me 100 shares of SPAXX, each worth $1.**
+* **In theory, we can think of SPAXX--or any money market fund (MMF) available to retail--and its shares as being quite similar to stable coins (SPAXX shares = SPAXX "stable coins"). They are usually backed by assets where $1 of SPAXX "stable coins"/shares is backed by $1 of assets, which can include assets pulled from the overnight reverse repo, where MMFs make up over 90% of use for it.**
+
+​
+
+* **In a now infamous example, crypto founder Do Kwon created his own stable coin Terra where 1 share/"stable coin" = $1...but eventually 1 Terra stable coin was no longer worth $1. In crypto, this is called "depegging", where 1 stable coin =/= $1. In finance and money market funds, this is called "breaking the buck".**
+* **"Breaking the buck" happened in spectacular fashion during the financial crisis of 2008, where the Reserve Primary Fund lost \~$800 billion due to its investments in Lehman Brothers' commercial paper...Criticisms directly after 2008 warned that MMF reforms would not do enough for the next crash/crisis.**
+
+​
+
+Pt. 2: [https://www.reddit.com/r/Superstonk/comments/vc4r0w/099509975\_the\_depegging\_danger\_zone\_pt\_2\_and\_what/](https://www.reddit.com/r/Superstonk/comments/vc4r0w/099509975_the_depegging_danger_zone_pt_2_and_what/)
+
+​
+
+https://preview.redd.it/7m8b7jvni70a1.png?width=1036&format=png&auto=webp&s=a603fa31b81b122d58498358456c635d32ae7f8d
+
+Relevant TL;DR:
+
+* **Because of how money market funds do their accounting, they are allowed (other investments usually aren't) to do a special type of accounting where 1 share = $1. This also allows for rounding up, so that you can round up let's say 1 share = $0.9982 to now be $1.**
+* **In 2008, the money market fund issue was bigger than reported. Even though only 1 money market fund was reported as "breaking the buck"/"depegging" (the Reserve Primary Fund, for its $800B worth of investments in Lehman Brothers' commercial paper. It depegged in a way like Terra's stable coin depegged but only a small amount), TWENTY EIGHT other money market funds were also in trouble and depegged, with one depegging to 1 share = $0.90, effectively wiping 10% off accounts' worth if that held.**
+
+​
+
+* We can effectively call this $0.995-$0.9975 range for money market funds the "depegging danger zone" which can be the signal for the start of a run on money market funds all across the system.\*\*
+
+​
+
+​
+
+https://preview.redd.it/dopzq1n9j70a1.png?width=260&format=png&auto=webp&s=70a7aa279a9ad3e576f07bf9ae2f9bc6f410ef2e
+
+**-----------**
+
+So there are always secret issues with MMF and I've been trying to track them as well as BAMF's like u/akatherder who knows far more than I do about this space.
+
+​
+
+Reading about Onyx, this article stood out:
+
+​
+
+https://preview.redd.it/08udcv2ij70a1.png?width=1658&format=png&auto=webp&s=e82a13098bc23e2ad244352a2eb73335ddfed3a9
+
+​
+
+Read this: [https://www.coindesk.com/business/2022/06/11/jpmorgan-wants-to-bring-trillions-of-dollars-of-tokenized-assets-to-defi/](https://www.coindesk.com/business/2022/06/11/jpmorgan-wants-to-bring-trillions-of-dollars-of-tokenized-assets-to-defi/)
+
+>"One component is JPMorgan’s blockchain-based collateral settlement system that was extended last month to include tokenized versions of BlackRock’s money market fund shares, **a kind of mutual fund invested in cash and highly liquid short-term debt instruments."**
+
+​
+
+Hey guess who the biggest user of overnight repo markets is? **FUCKING MONEY MARKET FUNDS to the tune of like 90+%.**
+
+​
+
+https://preview.redd.it/qjgep7ndk70a1.png?width=640&format=png&auto=webp&s=125b16a42f9edeac27f8f58ce8c3bbe9cefcb7c9
+
+So let me get this straight. Here are the steps as I might see them.
+
+​
+
+1. **BlackRock has a money market fund. It holds $100 worth of cash let's say.**
+2. **As BlackRock props up its money market fund whether due to losing its worth due to inflation or normal MMF rules, they use short-term debt instruments (i.e. overnight repo) to help back their balance sheet and fit to maturity rules.**
+3. **BlackRock's money market fund has treasuries now backing it up after treasuries are purchased in the overnight repo market.**
+4. **Chase & Jamie Dimon say let me pull an FTX...for every 1 share of MMF (many sold on the stock market that every day investors can buy), I will make a token called OnyxCoin that pegs 1 to 1 with each MMF share.**
+5. **Each OnyxCoin can be used as collateral for more swaps, more derivatives, more bullshit**
+
+​
+
+**So....now not only can Chase potentially pull an FTX and NOT FUCKING BUY 1 share of the BlackRock MMF to back their OnyxCoin...**
+
+**...but literally they are REUSING EACH OTHER'S TREASURIES FROM THE OVERNIGHT REPO.**
+
+Someone correct me if I am wrong.
+
+​
+
+I tried digging into this a bit more after my comment. Here's JPM from their own mouth on a similar issue for "corporate treasuries": [https://www.jpmorgan.com/solutions/treasury-payments/insights/programmable-payments-automation-becomes-reality](https://www.jpmorgan.com/solutions/treasury-payments/insights/programmable-payments-automation-becomes-reality)
+
+https://preview.redd.it/39g6ai2qk70a1.png?width=1670&format=png&auto=webp&s=b880047dcd0f351cb8109f807f932bc23d7bd903
+
+>The result can be transformative, allowing much faster transactions and resolving a common liquidity problem for businesses – needing to assign excess liquidity buffers during periods of treasury team downtime, such as weekends, bank holidays and overnight.  
+>  
+>With this offering, the role of corporate treasuries is redefined. Rather than rely on next-day processing, manual monitoring, and forecasting models, payments are instead initiated based on accurate, live events. **With programmable payments, treasury moves from a static entity to a responsive, real-time, dynamic entity, allowing banking capabilities to be embedded natively into business processes – and upending the traditional financial services model.**
+
+But that's corporate treasuries...what about actual treasuries?
+
+​
+
+​
+
+Wanna know something worse? In some aspect, we are already late. These fuckers have already started this in the regular repo market: [https://tokenist.com/jp-morgans-onyx-has-tokenized-300b-of-us-t-bonds-so-far/](https://tokenist.com/jp-morgans-onyx-has-tokenized-300b-of-us-t-bonds-so-far/)
+
+​
+
+https://preview.redd.it/8tc3hre5l70a1.png?width=2612&format=png&auto=webp&s=57caef55c347e8e15ab1c557a29aed60b12cbef7
+
+>Since JP Morgan launched the Onyx blockchain network in December 2020, the platform has processed over $300 billion in short-term loans. This is more than the current market cap of the largest public smart contract platform—Ethereum.  
+>  
+>**Furthermore, the French bank BNP Paribas joined JPMorgan’s Onyx last month to modernize the repurchase (repo) market, estimated to be worth around $13 trillion. While smaller than the US equity market, at $49 trillion, the repo market is critical for the world’s financial system. Due to the way the repo market functions and the role it serves, the integration of the Onyx system has significant implications.**
+
+​
+
+Wow, so BNP is also a part of this. Fucking great.
+
+​
+
+[basically this with Onyx coin and his views on blockchain](https://preview.redd.it/4jszec7ll70a1.png?width=750&format=png&auto=webp&s=c0a341c84a78f7267b538550c78cb725d0d2b1a6)
+
+​
+
+>The world’s largest commercial bank deployed Onyx Digital Assets (ODA) blockchain as a way to speed up the market. In conjunction with the bank’s JPM Coin system, which tokenizes assets, **Onyx automates the repo market.**  
+>  
+>In practice, this means that Onyx’s smart contracts allow for intra-day repo agreements, within a couple of hours instead of overnight. The implication is that debt securities don’t even have to leave balance sheets.
+
+​
+
+**Wait...they are fucking AUTOMATING THE REPO MARKET? WHERE NOTHING LEAVES THE FUCKING BALANCE SHEET?**
+
+**They rely on the entire infrastructure behind smart contracts to execute this utter bullshit techno-rehypothecation by a different name.**
+
+​
+
+[the article included this screenshot as an example of how Onyx is basically pulling a copy paste the same way](https://preview.redd.it/ai95w0k0m70a1.png?width=984&format=png&auto=webp&s=6efe8a83381a2b008798eff4d3c47d4b12803948)
+
+​
+
+>With Onyx tokenized debt securities in hand, banks can abide by these rules by employing their cash in token form. Each token represents a government bond, just as a stablecoin would represent the dollar. **The expiration/settlement time is auto-executed by the Onyx smart contract....On the upside, Onyx and Onyx-like systems will provide more venues for intra-day liquidity.**
+
+​
+
+Remember this is 300B of Treasuries as of fucking MONTHS AGO.
+
+**What happens once they get grips of BlackRock's MMF shares and the underlying treasuries that prop those up? That ends up being straight up fraud, where they are rehypothecating treasuries in essence fucking twice at fucking minimum...**
+
+​
+
+**WORST CASE they could do this for more than 1 bank or even other banks join the fold (JPM tokenizes Fidelity's MMFs, Citi tokenizes Vanguard's etc) and effectively rehypothecate SEVERAL banks/MMFs treasury/cash balance sheet, using collateral as collateral as collateral**
+
+​
+
+​
+
+[Piglet energy rn](https://preview.redd.it/d734crvfm70a1.png?width=640&format=png&auto=webp&s=c7bd5839c4b01665db8a480f5647a6eb7bc5bf6d)
+
+As always, we need more digging into this. u/edwinbarnesc had this comment about what could be happening:
+
+>Basically, Onyx with JPM is the next FTX using the IOU of creating OnyxCoin to peg MMF shares as collateral. JPM can keep playing with derivatives using this loophole since they can circumvent regulations. Hell the article above even announces their desire:  
+>  
+>*"Bringing blockchain to collateral markets for the first time, J.P. Morgan has completed a landmark transaction on Onyx Digital Assets using tokenized ownership interests in Money Market Fund (MMF) shares as collateral.* ***The development answers an*** ***industry-wide appetite*** ***for frictionless transfer of collateral ownership without the hassle of moving assets using traditional means."***  
+>  
+>"Industry wide appetite for frictionless transfer of collateral ownership without the hassle of moving assets using traditional means" which to me sounds like a wonderful loophole to circumvent securities regulation using the solution that SBF and Gary Gensler created to create IOU coins like FTT to pump value then print more coins to inflate value to be used as collateral.
+
+​
+
+​
+
+And remember, JPM is not the ONLY one doing this and as edwinbarnesc mentioned about, whether it's FTX or JPM, this is one of the ways that these fuckers are ALL trying to rehypothecate treasuries or even just have ppl invest into tokenized assets backed by treasuries which are really just IOUs.
+
+https://preview.redd.it/l6d6er97n70a1.png?width=2378&format=png&auto=webp&s=02feddf68b040369561514a6c1187c694bcf7387
+
+Look no further even than Arca Labs and Securitize Partner, whose launching a Tokenized US Treasury fund: [https://blockworks.co/news/arca-labs-and-securitize-partner-on-tokenized-us-treasury-fund/](https://blockworks.co/news/arca-labs-and-securitize-partner-on-tokenized-us-treasury-fund/).
+
+​
+
+​
+
+​
+
+As a final note...however, fair is fair. There was a user who provided a good counter point that is worthwhile of visibility here. From u/skinnyjoint:
+
+​
+
+>I might not be understanding this fully but I fail to see the problem.  
+>  
+>Here is my interpretation:  
+>  
+>MMF’s use the reverse repo facility as an investment tool. They give cash to the fed, the fed gives them securities as collateral. The next day they exchange back and the fed pays a bit more cash as interest. This is a simple and safe way for MMFs to make a return on their investor’s cash.  
+>  
+>The MMF is composed of multiple investors and managed by a central entity (BlackRock in this case). In return for putting money into the MMF, investors get a certain amount of shares.  
+>  
+>Using JP Morgan’s Onyx system, these shares can be used as collateral.
+
+​
+
+>The only way I see this being inherently sketchy is if a tokenized share and the corresponding actual shares can be used as collateral simultaneously. (For example, JP Morgan issues a tokenized MMF share without locking up the actual share first.)  
+>  
+>Even if this is the case, I don’t see the link between the tokenization of MMF shares and MMF’s use of the reverse repo facility as evidence for government treasuries being used repeatedly as collateral.  
+>  
+>Again, I might be misunderstanding. I honestly have no clue how the Onyx system works or where the MMF shares being tokenized come from. (Is blackrock selling shares to JP Morgan who then tokenize them and use them as collateral? Do investors who own shares go to JP Morgan to have their shares tokenized so they can be used?)  
+>  
+>If anyone can answer these questions or clarify the infinite treasury collateral thesis I’d appreciate it.
+
+​
+
+\----------
+
+​
+
+**EDIT 1: Tinfoil hat...if this is being kicked off already...could this explain WHY the reverse repo isn't as high as it should be prob given the absolute shit storm that the market is in?**
+
+​
+
+EDIT 2: jfc you apes are amazing...here's u/easymoneeybabee talking about this six months ago!!
+
+​
+
+https://preview.redd.it/x2qit7orw70a1.png?width=1392&format=png&auto=webp&s=3913913b469a3bdaf31c1d510bbf59a2a28c5dc3
+
+so u/t8tor back then asked there what an atomic exchange might be and at least i can answer that! i wrote about "atomic swaps" before and here recently: [https://www.reddit.com/r/Superstonk/comments/rky2kf/platos\_cave\_pt\_2\_an\_attempt\_to\_address\_loose\_ends/](https://www.reddit.com/r/Superstonk/comments/rky2kf/platos_cave_pt_2_an_attempt_to_address_loose_ends/)
+
+​
+
+https://preview.redd.it/fxexfi7cx70a1.png?width=1400&format=png&auto=webp&s=e09f7ea6d08ab7b8ff3fd8bbc77492d1c05aeaa1
+
+**Nearly a year ago, my initial hunch based on research on crypto (which tbf I know absolutely nothing about) was atomic swaps**. Long story short, you don't need a centralized exchange to go do an atomic swap; it's closer to a peer-to-peer trade with one main difference: **a Hashed Timelock Contract (HTLC). This must be how these Onyx smart contracts are running to rehypothecate treasuries.**
+
+​
+
+[sample of what the code looks like for one of these smart contract timelocks](https://preview.redd.it/h8svx02ty70a1.png?width=1658&format=png&auto=webp&s=567a30c07fe2916afbed61c8ebcf47e1e1b65d4b)
+
+**These hashed timelocks are basically agreements between 2 parties where they give themselves a time-frame (let's say 2 hours) to conduct the transaction.**
+
+>"Uncertainty around settlement finality in public permissionless blockchains eliminates such potential benefit. At the same time, the ability to conduct ‘atomic swaps’, i.e. the wallet-to-wallet exchange of two digital assets simultaneously in a single operation across different blockchains without going through any centralised intermediary (e.g. exchange) significantly may reduce, if not eliminate, counterparty risk...  
+>  
+>**It should be noted that atomic swaps can only happen when both assets are locked-on in the position of the buy and sell-side prior to the execution of the trade.**
+
+​
+
+​
+
+​
+
+\------
+
+**TL;DR:**
+
+* **With** u/ksuvuelalfusuwnsl **'s find\*\*, there may be a chance that JP Morgan Chase is "tokenizing" BlackRock's MMF (Money Market Fund) shares into crypto shares so that they can effectively either (a) pull another money grab or--worse and more likely--(b) effectively use these new BlackRock tokenized MMF shares as collateral BECAUSE they are propped up by treasuries (i.e. the overnight repo market).\*\***
+* **JPM has already tokenized at least 300B worth of treasuries earlier this year using Onyx in the repo market. Onyx smart contracts allow for users to not have to wait for "overnight" use so that they can grab treasuries whenever they need them, where the process is "automated" and "debt securities don't even need to leave balance sheets".**
+* **They're not the only ones working on such projects: Arca Labs & Securitize Partners are working on a tokenized US Treasury fund which sounds like more bullshit.**
+* **After following up on an old-post by** u/easymoneeybabe\***\*, these Onyx smart contracts are probably run through atomic swaps. Atomic swaps hinge on what's called an HTLC (hashed timelock contract) where once the smart contract is executed, a timer starts and the funds have time to swap without an intermediary (wallet-to-wallet).\*\***
+
+​
+
+EDIT; words, formatting, more info on atomic swaps and hashed timelock contracts
+
+​
+
+​
+
+\-----
+
+EDIT 2: oldmanrepo responded in the comments...hopign can get his feedback on these 2 questions I asked:
+
+Them:
+
+>You can’t rehypothocate a triparty trade. It’s not possible.  
+>  
+>The Fed’s RRP is done in triparty form. [https://imgur.com/a/kZ7JMZS](https://imgur.com/a/kZ7JMZS)  
+>  
+>Before the “but crime” responses come. How triparty works is that the Fed puts the collateral into **their** segregated account at Bony. Bony has **zero** operational control of the securities, they can only return them to the Fed, they can’t be sent elsewhere, for that would require the Fed giving them consent. (Same goes for the Cash, the Fed never touches it, only the MMFs have access to it).  
+>  
+>So, unless you think that Bony would conspire with any MMF (or anyone else) and move the Fed’s collateral to another firm. And before you even try to imagine a scenario as to how this may work. Please realize that treasury paper travels along the Fed wire. So, anything done would require using the Fed’s own system to move the bonds out of the Fed’s account.  
+>  
+>It’s simply not possible.
+
+Me:
+
+>In this case, maybe I used the word "rehypothecate" in this case wrong, **so let's fix on the phrase used by the Onyx press release form saying "using tokenized assets as collateral"**. Can you then speak to this idea of  
+>  
+>**JPM uses Onyx to "tokenize" BlackRock's Money Market Fund into shares.**  
+>  
+>**These tokenized shares are then used as collateral.**  
+>  
+>Can you speak to that or your thoughts on that? What goes right, what goes wrong, is this normal etc?
+
+Their response:
+
+​
+
+>I’ll write more later. Quick answer will be that it makes zero sense. The (revised) scenario you’ve made could be applied to anyone with cash correct? Why would anyone doing this touch a MMF who has so many regulations, prints their balance sheet monthly (or more) and has constant oversight? Why wouldn’t XYZ form use some global wealth fund? A private equity fund?  
+>  
+>Basically, if you take out the fixed income/repo aspect from this, I can’t counter. I’ll only comment on stuff I’ve known and done. Take your theory and switch the entity away from repo/money markets and you’ll get no quarrel from me.
+
+​
+
+>**So, for your revised scenario, why does Blackrock need to have their Fed RRP collateral tokenized? Why does it have to include MMFs when there are so many other pools of cash or collateral that have a fraction of the regulatory oversight, if any at all?**  
+>  
+>**Being more specific, why wouldn’t JPM go after one of their own MMFs? Wouldn’t that be easier from an access point of view?**  
+>  
+>And then, can you explain how one can “tokenize” a MMF? I understand trying to tokenize a transferable asset like a stock or a bond, but how does one go about tokenizing something that is basically an entry in a bank ledger? If the answer is to mimic the MMF, then the east answer is you don’t need Blackrock at all, can do so with any pot of money of which JPM certainly has plenty.  
+>  
+>The simple answer to this is that you can’t. You certainly can’t with anything related to the Fed’s RRP for above mentioned reasons. You could apply this theory and insert entities that aren’t as basic and regulated as a MMF, like a sovereign wealth fund, or private equity, or a “family office” (aka unregulated hedge fund) or so many other options. I get that using the Fed and Blackrock certainly leads to more attention, but it’s going to be impossible to find a way it’s done, other than the old reliable “but crime”.
+
+​
+**TL;DR: HFs are naked shorting GME over and over. They are failing to deliver, which forces the NSCC to borrow shares from other participants to ensure the trade is completed by T+3. This is why you see shares disappear each day. It's not HFs, it's the NSCC borrowing them to ensure the trade is completed for buyers.**
+
+**The HFs are forcing the NSCC to borrow the shares to complete the trades and this is why the borrow rate is so low.**
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+​
+
+Well I say. Some of the DD out there is getting real wrinkly and I'm starting to think people are losing track of what's going on. I will not be going into options (yet). I'd love for Queen Kong to review this and make sure I got it right...so get her here!
+
+THIS IS A BIG OL READ BUT IT'S APED DOWN. It's easily digestible for even the smoothest.
+
+​
+
+**So I'm here to ape it all down for you. I'm going to try to explain the following:**
+
+​
+
+* Naked shorting
+* What a failure to deliver is
+* What a failure to receive (FTR) is. *(oooooh that's a new one)*
+* Why shares are being borrowed every day.
+* What it means for GME
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Shorting vs naked shorting
+
+Okay. So by now you should know what shorting is, but here is the actual process.
+
+**Traditional short selling (** ***I will be the short seller here)***
+
+​
+
+* I borrow a stock from a broker/institutional investor.
+
+​
+
+* I immediately sell the stock, in the hopes to buy back later on when the price has dropped.
+
+​
+
+* **When I sell the stock, the proceeds of the sale goes back to the lender I borrowed from, (with a few percent more) as collateral.**
+
+​
+
+* The lender then usually invests this collateral to earn some extra bucks on the side.
+
+​
+
+* If the price has dropped, the short seller buys back the stock and returns it to the lender.
+
+​
+
+* If the price rises? The lender requires the short seller to increase the amount of money in their account. This is usually in line with the price of the stock, so that the lender has enough from the borrower to buy back the stock on the open market.
+
+​
+
+​
+
+What happens if the borrower doesn't have enough in the account to buy back all the shares they borrowed on the open market?
+
+**MARGIN CALL.** This is where the lender uses that collateral money to buy back the stock that was borrowed.
+
+​
+
+**Okay...so short selling explained. Though what about naked shorting?....**
+
+​
+
+​
+
+# Naked shorting
+
+​
+
+This is a different beast altogether because I would not be ACTUALLY borrowing the stock. I'm not paying fees or any of that nonsense. When stocks are hard to borrow, I can engage in a 'naked' short.
+
+I can sell a stock I don't have, with the promise on delivering said stock to the buyer by the settlement date. *(That's all these T+ numbers you keep seeing about.)*
+
+If I don't get you that stock by then? **It's a failure to deliver (FTD).**
+
+*In such cases naked short selling, then failing to deliver is economically equivalent to borrowing shares at a zero-fee zero-rebate equity loan plus the expected cost of being forced to buy back the stock and deliver it (a process called “buying-in”).  In difficult-to-borrow stocks, this amount can be less than the cost of borrowing.*
+
+​
+
+**So sometimes... it's actually cheaper for it to be done this way. Crazy right!!**
+
+Because naked short sellers do not borrow the stock they can theoretically sell an unlimited volume of stock into the market, driving down a share price.  Traditional short sellers, on the other hand, are limited by the amount of stock they can locate to borrow, which can become limiting as the level of short interest becomes large.
+
+​
+
+**OKAY. You know about the two types of short selling, but all this isn't done over the phone with boardroom discussions. This is all done electronically through the DTC and NSCC. I'm sure you've heard of those names a few times... Let's see how the above works in reality....**
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+​
+
+# The DTCC, DTC & NSCC; How do these people operate?
+
+​
+
+The DTCC is the big boy. These are responsible for providing clearing, settlement and information services for equities and other securities traded on US financial markets.  One of its key roles is to reduce counterparty risk by guaranteeing obligations will be fulfilled.
+
+​
+
+*Getting wrinkly yet?*
+
+​
+
+There are two subsidiaries of the DTCC; The DTC and the NSCC.
+
+​
+
+* The NSCC: These are the peeps that make sure everything clears all good and well and make sure everything is settled by the dates it should be. They also streamline the entire process by netting. They figure out everything I owe you and everything you owe me and boil it down to a single payment.
+
+*it doesn't actually go down to a single payment but you get the point. It reduces the constant back and forth of payments and securities exchanged.*
+
+​
+
+* The DTC: Now these peeps are responsible for transferring stock ownership, usually by making electronic book-entry changes, to reflect NSCC's net settlements  as well as transferring money between participants (brokers and broker-dealers)
+
+​
+
+**The NSCC says Person A owes Person B $100, because they bought 100 shares. They make sure Person A coughs up the money and Person B provides the shares.**
+
+**The DTC is the bookkeeper. They make the actual transfer from each account to reflect what the NSCC is showing.**
+
+​
+
+The DTC has some cash in the bank. Usually a few billion dollars for in case someone is naughty and can't settle their trade.  This consists of:
+
+​
+
+* a 'participants fund,  A pot of cash that everyone contributes to
+* A line of credit, Just an amount they can borrow from the bank
+
+The NSCC also has a participant Fund that it holds as collateral to cover losses from participant defaults.  This serves as a form of mutualized default risk-sharing
+
+​
+
+**I hope you're still with me...**
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# How do trades settle and what happens when it goes wrong?
+
+Okay so there's a lot to unwrap here. I'll try and only keep the essential information to provide understanding.
+
+​
+
+Stocks go back and forth everyday. (wow that's easy).
+
+For a trade that is executed on day T, NSCC’s guarantee of settlement begins midnight between T+1 and T+2, at which time NSCC steps in the middle of the trade and assumes the role of counterparty for both the buyer and seller.
+
+NSCC multilaterally nets trades by stock and on T+2 notifies participants of their net positions in each stock (net long or net short) due to be settled, as well as summaries of all their trades..
+
+​
+
+**So they get the info on what needs to go where and a couple days later, let everyone know who owes what to who.**
+
+​
+
+Now this bits important.
+
+The NSCC has essentially become the middle man. Due to the couple days delay, you might as well think of it as:
+
+​
+
+* If you're short a stock - you owe the NSCC
+* If you're long a stock - you're OWED by the NSCC
+
+​
+
+On the third business day following the trade (T+3) instructions are sent to the DTC containing net securities positions to be settled, and the DTC makes the transfers of stock and cash.
+
+To keep the next bit short (pun intended), there's an algorithm that decides who gets shares that are owed based on age of trade and blah blah blah. There's a process. The algo sends the info to the DTC and they transfer the stocks.. but what about the cash?
+
+​
+
+The cash isn't transferred at the same time. This is done later on in the day and is done through the Federal Reserve’s money transfer system (Fedwire). The transfers occur between DTC’s account at the Federal Reserve Bank of New York and the participants’ settling banks.
+
+If no participants fail to deliver on their short positions, i.e., the DTC is able to transfer all the stock owed by participants to the NSCC account, then everything is hunky dory and tomorrow is another day!
+
+​
+
+**YAY! We just learned how trades are cleared. It sounds great right? When it all works good...but what happens when it goes bad?**
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# When an FTD occurs
+
+Well what happens when a participant doesn't deliver their side of the deal? **Remember...this stock is owed to the NSCC at the moment.**
+
+The position is called an FTD and the short position remains open.
+
+So when the NSCC add up all the stock they're owed for the day vs what they have to give back out...there's a difference. That means that people that are long may not be delivered the shares.
+
+If they don't get their shares, they instead get an FTR (Failure to receive). This is essentially a glorified IOU from the NSCC saying I'll get you your stock.
+
+​
+
+An FTD - A short seller owes the NSCC some shares
+
+An FTR - The NSCC owes some shares to the long holders
+
+​
+
+Dividends are automatically debited from participants with FTD positions and credited to those with FTR positions. *(Make sense now?*)
+
+However shareholder voting rights are distorted because FTR holders (participants with stock IOUs from the NSCC) do not receive the usual voting rights that they would have, had the stock been delivered. **They are also unable to lend the stock until they actually receive it.**
+
+​
+
+**IT GETS BETTER. NOONE HAS ANY IDEA IF THEY HOLD A REAL SHARE OR AN FTR FROM THE NSCC.**
+
+So you sell your share? (paper handed bitch). You just sell your IOU but due to the algorithm, the buyer might actually get a real share. What a lottery eh!
+
+​
+
+When a participant receives an FTR (the IOU from the NSCC) cash is still debited from their account even though they have not yet received the stock.  However, instead of being paid to the participant with the FTD, it is held by the NSCC as collateral until such time as the stock is delivered and the FTD is cancelled.
+
+The amount of cash collateral held is not the cash value of the stock bought/sold but, rather, is the marked-to-market value of the stock, reset daily with cash adjustments. The cash adjustments are made from the money settlement account of the participant that failed to deliver the stock.
+
+​
+
+**Could this explain why they get scared of certain numbers?  The cash adjustments of collateral are automatically taken from the short sellers account to account for the rise in share price. If they go to take some money out the account and there isn't enough....MARGIN CALL BABY!**
+
+​
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+# Why are so many shares borrowed each day?
+
+​
+
+Now that is a good question. You all ask THEY'RE USING THEM TO SHORT! AHHHHH. Well not exactly...(I believe)
+
+**The Stock Borrow Program**
+
+A mechanism the NSCC has in place to reduce the number of FTRs (but does not reduce FTDs) is the Stock Borrow Program.  Under this program participants are able to lend excess stock in their DTC accounts to the NSCC, so that the NSCC can satisfy delivery requirements not filled via normal deliveries.
+
+​
+
+**Those borrowed shares? Yup. I see it as the NSCC taking them to cover for all the FTDs. You buy a  naked short? Well the shorter doesn't deliver and now the NSCC has to borrow the stock to make sure you get it on time. This is happening DAILY.**
+
+Each day, participants submit a list of stocks they own that they would like to have participate in the Stock Borrow Program.  Once the NSCC determines the open long positions (stock it owes participants) that are due to become FTRs, it attempts to satisfy these obligations by borrowing from participants in the Stock Borrow Program.
+
+​
+
+When the NSCC borrows stock from a participant, it credits the participant’s money settlement account with the marked-to-market value of the borrowed stock.  Recall this is the same as the collateral held from the participant that failed to deliver the stock. So effectively the NSCC is simply acting as a facilitator of lending between the participant failing to deliver and the participant lending their stock.
+
+Although the NSCC states that the purpose of the Stock Borrow Program is to cover temporary shortfalls in CNS (continuous net settlement), there is no time limit on how long NSCC may borrow stock from its participants.
+
+**The short sellers keep making FTDs and the NSCC is borrowing the shares to make sure they're delivered. This doesn't let the short sellers off the hook though....**
+
+**THEY ARE STILL REQUIRED TO SETTLE THE FTDS**
+
+​
+
+For FTDs caused by naked short selling, the Stock Borrow Program is equivalent to the naked short seller borrowing stock from the Stock Borrow Program participants (at a zero-fee zero-rebate loan) and short selling the stock to the participants that would have received FTRs in the absence of the Stock Borrow Program.
+
+​
+
+**So instead of the HFs having to borrow stock normally and pay a load of fees - they just naked short it because they know the NSCC will borrow it for them and deliver it. The naked shorters are effectively forcing the NSCC to rehypothecate to ensure the system doesn't go bang. Now I can see why they might wanna close that loophole.**
+
+​
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# How much is it costing them to do this?
+
+While the open FTD and FTR position lasts, this arrangement is effectively aninvoluntary zero-fee zero-rebate equity loan from the buyer to the seller.
+
+If a naked short seller is forced to buy-in, then in order to maintain a short position they mustbuy the stock, deliver it to the initial counterparty and then naked short sell the stockagain, together costing them the roundtrip transaction costs.
+
+The NSCC may also charge a fee to the participant that fails to deliver, however, the fee is insignificant in relative terms.  Because the incidence of buy-ins is low and penalties for failing aresmall, naked short selling effectively is a way of short selling difficult or impossibleto borrow stocks.
+
+​
+
+**Oh so basically - sweet fuck all.**
+
+I also believe this is why the borrow rate is so cheap. It's not the HFs borrowing, its the NSCC.
+
+​
+
+**\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**
+
+​
+
+# And that, is how these motherfuckers keep getting away with it.
+
+​
+
+# Part II to come.
+Happy holidays /r/financialindependence! I posted the following to /r/personalfinance, but I thought my fellow kindred spirits in this sub would enjoy it as well. Merely 7 months ago, I hit [$1 million in combined balance](https://www.reddit.com/r/financialindependence/comments/6ajikw/milestone_1_million_saved_in_retirement_accounts/) between my 401k and IRA. My 401k account balance at the time was $879k. Since those few short months, it's grown by an astounding $120k! I know this has been a crazy year for market returns, and I'm not ready to pull the plug by any means or expecting the trend to continue, but it's mind-boggling when your investment returns begin to match or outpace the income from your day job.
+
+Unless something goes horribly wrong, my plan is to retire from my current career in 5 years. Assuming a ~7% ROR, I should have at least $1.5 million in retirement assets alone, which will produce $60k of annual income (based on the 4% rule) and more than pay for my expected living expenses. At that point, I will take a respite from working, and then pursue something related to my passions (health/nutrition/fitness) that isn't necessarily income generating. I look forward to sharing my journey with this sub!
+
+---
+
+Nearly 4 years ago, I submitted a [post to this sub](https://www.reddit.com/r/personalfinance/comments/1vvqgy/read_this_before_thinking_about_touching_your/) imploring people to think about the financial ramifications before touching their retirement savings. I urged people to consider the power of compounding and the wonders it can produce if allowed to work its magic. Also within that post, I mentioned that I strived to become a 401k millionaire someday, and this week, thanks to years of consistent savings and a long bull market, that goal [has come to fruition](https://i.imgur.com/ihNtSod.png), at the ripe age of 45. The following table shows my annual out of pocket contributions, and below that I will share my story.
+
+Year|Employee 401k contribution|
+:-|-:|
+1995|2,800|
+1996|6,100|
+1997|8,800|
+1998|9,900|
+1999|10,000|
+2000|10,500|
+2001|10,100|
+2002|10,300|
+2003|12,000|
+2004|13,000|
+2005|14,000|
+2006|15,000|
+2007|15,500|
+2008|15,500|
+2009|16,500|
+2010|16,500|
+2011|16,500|
+2012|17,000|
+2013|17,500|
+2014|17,500|
+2015|18,000|
+2016|18,000|
+2017|17,000|
+**Total**|**308,000**|
+
+First, I want to iterate that I do recognize how fortunate and privileged I am to be able to achieve this milestone. I am extremely lucky to have been born without any major disabilities or health issues, and I am very grateful to be able to participate in a society where the opportunities and resources to achieve personal successes exist. Furthermore, I believe I was lucky to have been born into extreme poverty, for it ignited a fire within me to do everything within my power to escape my circumstances. I refused to allow my situation to define me, and I focused my time & energy on the things within my influence to improve my life.
+
+Because I grew up in poverty, I've held a job in some form or fashion since I was 10 years old. The ones I worked in my youth were tedious and low paying, but they taught me to not be afraid of hard work. They also motivated me to find better & higher paying jobs, and to that end I pursued getting my education since I lacked any special gifts or talents for earning a lot of money easily. My youth was not like that of most people I know. It was comprised entirely of school, work, and study. There was little time for leisure, and even during school breaks I would borrow books for the subsequent semester to get a jumpstart on the material. Thankfully the effort paid off, and I was able to do well enough in school to qualify for some scholarships for college. I went to the cheapest institution I could find, and when choosing a major, I decided to pursue engineering as it suited my strengths in math & science *and* offered careers with higher earning potential, as opposed to one that simply followed my passion (art).
+
+Upon graduating college (with around $10k in student loans), I landed my first professional job, which paid a handsome annual salary of $28k. I continued living intentionally and aligned my actions to my values & priorities. As Dave Ramsey is known for saying, "live like no one else now, so later you can live like no one else". I was accustomed to living in poverty, so I knew how to survive on a lean budget. Achieving a financially stable and secure life was more important and rewarding to me than stuff I could accumulate or luxurious experiences I could buy, which allowed me to avoid the YOLO mentality and FOMO mindset. Also, as a Gen X-er, I started my career in an era of disappearing pensions and the advent of outsourcing/offshoring. I watched good paying, stable jobs disappear overnight, and loyal, long term employees left suddenly without the incomes and secure retirements they had come to expect. That motivated me to treat my income like lottery winnings, and maximize my savings rate to ensure that I never had to worry about relying on a job for survival or face the prospect of being in poverty again.
+
+I wasn't the most knowledgeable investor, and didn't learn about low cost passive index funds until my late 30s. However, I was fortunate to work for a company early on in my career that explained the power of compounding and the benefits of tax advantaged savings, which encouraged me to participate in my 401k program. I knew I had a long investing time horizon, which helped me to develop a high risk tolerance and feel comfortable with putting most of my contributions into equities. I ignored short term market volatility (which many of my coworkers had trouble handling during the 2000 and 2008 recessions, to their unfortunate detriment), and as I gained work experience & skills I strategically job hopped to pursue higher income opportunities. I looked for jobs with solid 401k benefits, such as low fees and generous employer matching, so that I could continue to take advantage of that savings vehicle.
+
+Achieving any long term goal requires consistency and discipline, and the ability to break it down and attack it one small bite at a time--while keeping an eye on the larger prize. It's no different for finances, and each of us has to decide if it's worth making some trade offs today in order to have a brighter and more abundant tomorrow. I've had some people tell me that it's important to enjoy the present, as there is no guarantee that there will be a tomorrow. However, the reality is that tomorrow will likely come for most of us, so it's prudent to plan for it.
+
+Here is his quote: ‘It’s very hard to escape the sense that there’s mania now, that this is a FOMO market. When you look at the way that people have piled into the stocks of bankrupt companies like Hertz there’s clearly something, a bit of mania going on.’
+
+He then goes on to say that the way things stand now, the national debt isn’t much of a concern, and he thinks a big infrastructure program is a “no-brainer” for policymakers. “At this point with everything else going on, the great danger is that we spend too little, not too much,”
+
+My guess is that we see a slow decline of about 10%-15% from here for another few quarters, and then a sideways market for a few years. What do you all think?
+
+
+
+
+
+
+https://www.marketwatch.com/story/there-a-mania-in-stocks-but-investors-face-an-even-greater-danger-warns-nobel-prize-winning-economist-2020-07-28
+Critical point as I'm seeing a lot of people confused how a stock split via dividend works
+
+A stock split would just multiply the shares and reduce the price
+
+However a stock split via dividend means all shareholders on the cut off date will recieve additional shares
+
+This means if you're short a stock, IT IS YOUR JOB TO PROVIDE THE LENDER THE DIVIDEND. 
+
+This is a huge fucking problem for people short GME, as majority of the float is locked up with insiders institutions and most importants; Direct Registration via computershare.
+
+The "self reported" 14.5million shares that are short now have to find 4x the shares or close out their positions by the ex dividend date.
+
+We know they wont, because they can't, it would collapse the market due to the infinite losses possible from shorting a stock, so they can try and kick the can further. 
+
+We also know the short interest is much higher and the float is already sold out in brokerages IRAs and various other platforms.
+
+Hold tight guys the next catalyst is an NFT marketplace and we are going to the fucking moon.
+
+No dates no prices just UP
+
+Edit again : my last edit has been removed wtf, also everytime I return my own post has been down voted by me, Glitch?
+
+Please help each other understand this dividend vs split as I'm getting messages and also trying to reply in here too 💩💩
+I own a house on a piece of water in New York. I live in a low cost of living area where the only people who really can afford houses over 100k are the ones who work in my industry. 2 years ago I bought a house for 200k, with a 160k mortgage. The woman who owns the acre lot next to me has come to and offered me first rights to buy it. She is saying she bought it for 40k years ago and had power and water put into the site and that it is permitted for building but nothing is on it. The problem is this. Based on where my house is on my property line if anyone built there it would basically be 20 feet from my house and destroy one of my views. But I probably will be leaving the area in the next 5-7 years for work. Is it worth it to buy the land to protect the cost of my current home. It will almost double my lot size. The GIS map says that it's accessed at 35k. What should I do?
+
+Edited to add more info: she's asking 50k for it, taxes would be about a grand, and I would be paying cash.
+I noticed some joking around about suicide on WSB, posting links and such, just wanted to say it isn't a joking matter. If you truly lack the courage to end it all, please reach out to [http://www.assistedsuicide.org/] (http://www.assistedsuicide.org/). Self loathing, substance abuse & risk taking are all classic signs of procrastination, please don't be ashamed to seek professional help.
+This kind of thing is very attractive to me because I'd like something to give my week structure. If I had to be somewhere for three days a week and I could bring home about $1,500/month I'd be in great shape. I would only have to do this for about six years before social security kicked in.
+
+I'm curious to know if anyone has done something similar? And I'd love to know what career/job you left and what you do now. I'm looking for something completely different than what I currently do which is advertising.
+Hey,
+
+In a bit of a dilemma at the moment - I recently joined a new company 9 months ago and was offered a fairly decent pay rise from my previous job.
+
+This job is ‘okay’ and I’m becoming frustrated with the lack of strategy and responsibility associated With my role/team.
+
+I’ve been offered a new remote job with a 35% pay rise (78k) which would provide a lot more responsibility in an absolutely huge company (I’m used to this, having worked for a huge tech company )
+
+My manager consistently talks about how other companies can offer more money than my current employer - I get that, but surely they should be trying to retain people?!(especially as they’re so aware of the lack of competitiveness)
+
+My only concern is leaving within 12 months. (This is my second job out of uni, with 3 years being spent at my first job...)
+
+It would be pretty lifestyle changing - I’m just worried about chasing the money.
+
+Would be great to hear what you think !
+I did social media for a restaurant group and was laid off 3/18. Today, my boss called and said they have hostess positions available, but due to PPP things they couldn’t guarantee the position would last past June 14. She said some laid off people had declined coming back to the restaurants (indoor dining resumed today) so they could get unemployment instead.
+
+I moved out of state last week. Does being offered this job mean I am technically ineligible for unemployment? I don’t want to run into issues down the line.
+Hello,
+
+Where I live there is a big difference between £500 and £600 on the rental market. £500 gets you a small studio apartment, whereas £600 gets you a nice sized 1 bedroom flat,.
+
+I only earn £1,700 per month, so is it worth spending an extra £100 for a nicer standard of living in a bigger flat, or is it better for me to save that money and use it elsewhere?
+
+Thanks for your help.
+I found this great property to flip. This is my first flip, I have an LLC, my credit is okay & I have money for a down payment & repairs. I talked to the seller & we agreed to get under contract once I get proof of funds. 
+
+I’ve called dozens & hard money lenders & it’s so hard getting a straight answer. Some want to to pay for a pre-approval letter before getting started, others just said no because of my lack of experience, others say they are shut down due to Covid, & all the rest dont answer.... what is there to do.
+If you don’t believe me please take a second and look at /r/coinbase . People have been waiting for cash outs from December 12! I am a someone who has been waiting forever for wire transfer and it sucks. When I made transfer coinbase told me I would receive my funds within 24 hours. It has been around 15 days now. I would strongly advice everyone to avoid using coinbase at all costs. Please coinbase get your stuff together. 
+
+
+Edit: I made this post in hopes of getting someone at coinbase to help me as I have seen them do this in the past. People are mainly having issues with wire transfers and SEPA transfers (international transfers). From my knowledge ACH transfers working fine. BUT if you look at /r/coinbase you can see posts of people claiming that transfers from coinbase to Gdax go missing or others who completely loose their account without information. They try contacting Coinbase customer support and get no response. Yes I know not everyone experiences these issues but these issues become a problem when they start affecting you.  
+You know who they are, but I ain't trying to fight with automod this early.
+
+They tried it and it didn't work. It didn't fail hard enough to kill the hedges is all.
+
+Now they've moved on to directing filing lawsuits against SpaceX and NASA.
+
+Obviously I haven't dug into this at all. I'm going on what I've read about Tesla shorts, the recent lawsuits. But the pieces fit the pattern that's been described in the last 24 hours or so. I'm honestly a little blown away that it really could be THAT big, THAT evil. I didn't think there was anything that could still surprise me.
+I have become interested in joining theta gang and I was wondering if anyone has experiences to share where they've made large losses/mistakes that could have been predicted. If this happened to you, is there something you've learned from this experience that made you a better option seller?
+
+Edit: thanks everyone for the advice it's all very helpful!
+I made a diagram to better understand Gamma Scalping. Looking for feedback to make sure it is correct. 
+
+the long trade:
+
+1) you go long straddle (buy an ATM put + ATM call with the same expiry) and pay premium
+
+2a) if the underlying price moves up you sell short increasingly more underlying to hedge the rising delta of your options position  
+
+2b) if the underlying price moves down you buy increasingly more underlying to hedge the falling delta of your options position
+
+3) In underlying terms you are buying low and selling high, hence the term "gamma scalping"
+
+4) you can also make money on the options position if the underlying moves fast
+
+5a) If realized vol (i.e. gamma scalp) is higher than the implied that you paid in time decay (i.e. theta) the trade is profitable. 
+
+5b) If realized vol (i.e. gamma scalp) is lower than the implied that you paid in time decay (i.e. theta)  the trade is not profitable. 
+
+https://preview.redd.it/5pqmqafbvj761.png?width=960&format=png&auto=webp&s=a460b1c4df548dff9ad027664cb264218bda29fb
+
+the short trade:
+
+1) you go short straddle (sell an ATM put + ATM call with the same expiry) and receive premium
+
+2a) if the underlying price moves up you buy short increasingly more underlying to hedge the falling delta of your options position  
+
+2b) if the underlying price moves down you sell increasingly more underlying to hedge the rising delta of your options position
+
+3) In underlying terms you are selling low and buying high
+
+4) you can lose money on the options position if the underlying moves faster than your ability to hedge
+
+5a) If realized vol (i.e. gamma scalp) is higher than the implied that you received in time decay (i.e. theta) the trade is not profitable. 
+
+5b) If realized vol (i.e. gamma scalp) is lower than the implied that you received in time decay (i.e. theta) the trade is  profitable. 
+
+https://preview.redd.it/fo7moewgvj761.png?width=960&format=png&auto=webp&s=b79d3527d4367dfa8a5898756ae5a87aea46c707
+
+​
+
+One thing I am not certain about is how you make money of "scalping" a short straddle because you are buying high and selling low
+Just for a bit of... fun. 
+
+I think the most common culprit around here seems to be PYPL (myself included) fucking over all of us put-writers. Any other stock that you think should make the list of shame?
+Title.
+
+I literally have about $300 in savings. I pay $1,500 a month in rent, though I anticipate that this will go up to around $1,800 or so in the next few months as I'll need to move and rent is going up post-COVID - Unfortunately I work fully remote, so a 2 bedroom apartment is non-negotiable here. I do not own a car but would also like a parking space for when I eventually decide to buy one.
+
+**Things I'm doing to prepare**
+
+I've been looking at some channels on YouTube that recommend a 50/30/20 approach (Needs/Wants/Savings).
+
+As such I'm thinking of setting up 4 main accounts:
+
+1. A difficult-to-access hub account that automatically distributes my salary each month to the following..
+2. A spendings account
+3. A savings account
+4. A "needs" account for things like rent
+
+I plan on a weekly transfer of around $500 to my spendings account from the hub account as my "wants" to avoid overspending and because I think I'll find budgeting on a week-to-week basis much easier.
+
+An immediate transfer of rent into the needs account. **I'm not sure whether I should separate the rent account from other needs like groceries, bills, etc** \- as I can technically survive without hot water or on ramen noodles for a month in the event of a disaster, but I can absolutely not survive without a roof over my head. Advice here is also much appreciated.
+
+I also want to set up an immediate transfer of 20% of my monthly salary into savings.
+
+All of these calculations are to be done **after** I've made my super/pension contributions, which I'll put at around 10-15%. So I won't ever count that as part of my salary.
+
+This is the first time in my life actually budgeting at this rate but I've realised if I keep living they way I do, I'll end up broke at retirement age which has terrified me.
+
+Any advice, or thoughts on my plan, is much appreciated!
+Guten Morgen to this global band of Apes! 👋🦍
+
+Apes, the energy this week is infectious. Every time I check the sub, I see a continued wave of ComputerShare posts, Apes sharing indicators that borrowed shares are becoming more scarce, and pushback against false friends such as Blackrock and FINRA. Seeing the price fluctuate so wildly on relatively low volume certainly helps, especially with wild after-hours anomalies such as the 30% spike at 4:20pm. While all of these things are *nothing* compared to what will happen when the first SHF moves to get out before everyone else, it's no doubt a welcome change for many among us.
+
+FINRA's failure to hold Citadel accountable for their misdeeds, and to outright deny that Citadel has *ever* done any wrong is despicable, but not unexpected. As with most people, the people at FINRA who make such decisions are motivated by greed or fear, and in this case it is likely both. The power and influence that Steve Cohen and Ken Griffin wield is enough to ruin anyone they turn against. While it's not *right*, it is not surprising that FINRA wouldn't stand up to them with any real strength. Especially now, when Citadel is taking outside investment and is desperate for any positive spin on their reputation, I can see how this kind of situation happens.
+
+However, it doesn't change the fact that Citadel has an unsurvivably large short position against GameStop, which is poised for explosive growth. Citadel created this short position through the crime of naked shorting; something that they abused their position as a market maker to achieve. Whether or not FINRA slaps them with fines or rebukes, they will still need to close their short positions at some point. When Citadel goes down, their prime broker will need to close the short positions. When their prime broker goes down, the DTCC will need to close their short positions. When the DTCC falls... well, then we get to see what real capital market reform looks like.
+
+Today is Wednesday, February 2nd, 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: **$114.19 / 101,41 €**  *(volume: 2349)*
+- 🟥 115 minutes in: $114.19 / 101,41 €  *(volume: 2310)*
+- 🟩 110 minutes in: $114.23 / 101,45 €  *(volume: 2306)*
+- 🟥 105 minutes in: $114.16 / 101,39 €  *(volume: 2285)*
+- ⬜ 100 minutes in: $114.23 / 101,45 €  *(volume: 2263)*
+- 🟩 95 minutes in: $114.23 / 101,45 €  *(volume: 2231)*
+- 🟩 90 minutes in: $114.01 / 101,25 €  *(volume: 2224)*
+- 🟩 85 minutes in: $113.95 / 101,20 €  *(volume: 2164)*
+- 🟥 80 minutes in: $113.94 / 101,19 €  *(volume: 2126)*
+- ⬜ 75 minutes in: $114.01 / 101,25 €  *(volume: 2114)*
+- ⬜ 70 minutes in: $114.01 / 101,25 €  *(volume: 2113)*
+- ⬜ 65 minutes in: $114.01 / 101,25 €  *(volume: 2091)*
+- 🟥 60 minutes in: $114.01 / 101,25 €  *(volume: 2035)*
+- 🟩 55 minutes in: $114.20 / 101,43 €  *(volume: 1928)*
+- 🟩 50 minutes in: $113.84 / 101,10 €  *(volume: 1822)*
+- 🟩 45 minutes in: $112.61 / 100,01 €  *(volume: 813)*
+- 🟥 40 minutes in: $112.56 / 99,97 €  *(volume: 813)*
+- 🟩 35 minutes in: $112.62 / 100,02 €  *(volume: 798)*
+- 🟩 30 minutes in: $112.60 / 100,00 €  *(volume: 775)*
+- ⬜ 25 minutes in: $112.57 / 99,97 €  *(volume: 700)*
+- 🟩 20 minutes in: $112.57 / 99,97 €  *(volume: 670)*
+- 🟥 15 minutes in: $112.54 / 99,94 €  *(volume: 638)*
+- 🟥 10 minutes in: $112.61 / 100,01 €  *(volume: 447)*
+- 🟥 5 minutes in: $112.62 / 100,02 €  *(volume: 439)*
+- 🟩 0 minutes in: $112.67 / 100,06 €  *(volume: 11)*
+- 🟩 US close price: $112.60 / 100,00 €   *($112.55 / 99,96 € 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 1.126. 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!
+“Anyone who analyses charts knows that we were due for a correction”
+
+“If you can’t handle dips, you shouldn’t be in this space”
+
+“BTC just dipped below the 200 day MA so get ready for a downward trend”
+
+“I’m smart and knew what was going to happen all along. Everyone should be like me and listen to what I say even though I was posting the exact opposite shit yesterday”
+
+It’s ridiculous. You didn’t know jack. It’s like kids in elementary school who say “that’s what I was gonna say” after the teacher gives the answer to the class. You’re full of it. 
+
+This sub turns on a dime. Make the best decision for you and stick with it. Take profits or don’t but don’t rely on anyone else’s “advice” because nobody is culpable for the consequences of your actions except for you. Enjoy the dip and load up your chips!
+So we’re all aware of the Uniswap airdrop that took place earlier this year, where some lucky folk woke up to over $1200 worth of UNI dropped to them in their wallet – worth over $3,000 at its peak – simply for interacting with the Uniswap platform prior September 1st 2020. I wasn’t one of these fortunate few and neither were a lot of other people here. I’d see people asking if they were too late for the airdrop, or if there were any other airdrops similar. This gave me an idea:- take part in as many airdrops as possible and see how many had any value to them and report back. The answer may seem obvious to some, but I wanted to evidence it. 
+
+The task was simple, enter ‘cryptocurrency airdrops’ into a search engine and see what came up. This eventually led me to joining several airdrop telegrams and twitter accounts and after a week or so I had applied for 14 airdrop by mid October. 
+
+These projects almost universally required the user to join the project’s telegram group as well as like and retweet a post on the project’s twitter account and follow them. Some would ask you to join their Facebook or Medium page and some would require you to post about them and tag friends in. Needless to say, I used throwaway accounts and didn't take part in any that required to tag someone else. Nearly all of them touted themselves as the next big thing in decentralized finance. These were the projects and what they advertised:
+
+**Name**|**Airdrop**|**Adv. $ value**
+:--|:--:|:--:
+ArbiSwap | 1000 Aswap | $30
+UniSwapx | 500 UNIX | $500
+Imperium PB | 100 IPBA | $50
+YFIV Finance | 1 YFIV | $360
+CryptoTechGiants | 50 USDT | $50
+Universe Token | 500 UNIT | $500
+yToken Finance | 0.2 YTKN | $4
+CeliSwap | 500 CSP | $500
+XUNII.Finance | 200 XUNII | $20
+Revo Finance | 1.5 RVF | $28.90
+Ybull Finance | 0.2 YBULL | $10
+YFDiamond | 1 YFD | $25
+Xenon Token | 5000 XNT | $50
+dEarn Finance | 70 DFI | $700
+
+Now, those of you who have been here a while will know exactly where this thread is going. To others, this should confirm their suspicions. Telegram is abbreviated to 'TG'.
+
+**Name**|**Received**|**What Happened**
+:--|:--:|:--
+ArbiSwap | 0 Aswap | You had to pay them $2 for gas to get airdrop worth $1.34 (worth $1.11 as of now)
+UniSwapx | 0 UNIX | **Airdrop never arrived**, locked their TG whilst heavily pushing presale
+Imperium PB | 0 IPBA | **Airdrop never arrived**, Telegram channel locked 2 days before airdrop
+YFIV Finance | 0 YFIV | **Airdrop never arrived** but still heavily pushing presale even now
+CryptoTechGiants | 0 USDT | Airdrop turned into a competition based on how many people you could refer, TG channel turned into a *signal group* (A.K.A P&D group)
+Universe Token | 0 UNIT | **Airdrop never arrived**. Locked their TG and advertised a doubling ETH scam website to their users
+yToken Finance | 0 YTKN | **Airdrop never arrived**. TG locked and then sold to 'BinanceSwap'
+CeliSwap | 0 CSP | TG locked. Required 0.09 ETH (then $45) to be sent which "they would send back"
+XUNII.Finance | 0 XUNII | **Airdrop never arrived**. TG locked and now advertises other 'airdrops'
+Revo Finance | 0 RVF | **Airdrop never arrived** due to "high gas fees". No one bought their presale so they created a poll asking why. Still pushing presale
+Ybull Finance | 0 YBULL | **Airdrop never arrived**. Locked and ghosted their TG channel before airdrop
+YFDiamond | **0.00005 YFD** | They airdropped 0.00005 YFD out of the 1 YFD advertised. TG locked and now advertises other 'airdrops'
+Xenon Token | 0 XNT | **Airdrop never arrived**. Deleted their TG channel 
+dEarn Finance | 0 DFI | You had to send 0.05 ETH ($25) to them first to 'validate' your address
+
+So. out of a combined **$2,827.90** worth of cryptocurrencies advertised to be airdropped, only one 'project' actually airdropped anything and that was 0.005% of what was advertised which is currently worthless. 
+
+This wasn't a surprise to myself and I am glad to have the actual data to back up my suspicions. 
+
+**FINDINGS:**
+
+ - Based on the Telegram channels of these 'projects', most of the users were from South America and the Middle East. Presumably from impoverished countries trying to find themselves some income.  
+ - These 'airdrops' were almost always a front to peddle a presale of their token. This appears to be the primary goal of most of them. They want to sell their newly-minted tokens for ETH, promising their project will get listed on big exchanges 'Soon™'.
+ - I only had to provide an email to one project: ArbiSwap. I used a throwaway email. After a couple of weeks I started to receive unsolicited emails from unrelated projects. This indicates that they shared/sold information of their users to other 'projects'.
+ - Some of the Telegram channels have been renamed and wiped of all information. The dEarn has been labelled a scam by Telegram themselves. Another has wiped all info and has renamed itself 'Project for Sale' and have made one post stating "We couldn't raise enough from presale, so we abandon the project". I am unable to find out which 'project' this channel belonged to. 
+ - Some projects seem to work together and promote the other project to their users on TG and twitter. 
+ - Airdrop twitter accounts and telegrams don't always promote the same airdrops, indicating that they only advertise airdrops that they're paid to advertise by the 'project'. 
+
+**To any newcomers to the cryptosphere, please do your research before taking part in any airdrops. Your time is worth more than most of these 'projects' combined. If something seems too good to be true, it usually is.**
+So we’re all aware of the Uniswap airdrop that took place earlier this year, where some lucky folk woke up to over $1200 worth of UNI dropped to them in their wallet – worth over $3,000 at its peak – simply for interacting with the Uniswap platform prior September 1st 2020. I wasn’t one of these fortunate few and neither were a lot of other people here. I’d see people asking if they were too late for the airdrop, or if there were any other airdrops similar. This gave me an idea:- take part in as many airdrops as possible and see how many had any value to them and report back. The answer may seem obvious to some, but I wanted to evidence it. 
+
+The task was simple, enter ‘cryptocurrency airdrops’ into a search engine and see what came up. This eventually led me to joining several airdrop telegrams and twitter accounts and after a week or so I had applied for 14 airdrop by mid October. 
+
+These projects almost universally required the user to join the project’s telegram group as well as like and retweet a post on the project’s twitter account and follow them. Some would ask you to join their Facebook or Medium page and some would require you to post about them and tag friends in. Needless to say, I used throwaway accounts and didn't take part in any that required to tag someone else. Nearly all of them touted themselves as the next big thing in decentralized finance. These were the projects and what they advertised:
+
+**Name**|**Airdrop**|**Adv. $ value**
+:--|:--:|:--:
+ArbiSwap | 1000 Aswap | $30
+UniSwapx | 500 UNIX | $500
+Imperium PB | 100 IPBA | $50
+YFIV Finance | 1 YFIV | $360
+CryptoTechGiants | 50 USDT | $50
+Universe Token | 500 UNIT | $500
+yToken Finance | 0.2 YTKN | $4
+CeliSwap | 500 CSP | $500
+XUNII.Finance | 200 XUNII | $20
+Revo Finance | 1.5 RVF | $28.90
+Ybull Finance | 0.2 YBULL | $10
+YFDiamond | 1 YFD | $25
+Xenon Token | 5000 XNT | $50
+dEarn Finance | 70 DFI | $700
+
+Now, those of you who have been here a while will know exactly where this thread is going. To others, this should confirm their suspicions. Telegram is abbreviated to 'TG'.
+
+**Name**|**Received**|**What Happened**
+:--|:--:|:--
+ArbiSwap | 0 Aswap | You had to pay them $2 for gas to get airdrop worth $1.34 (worth $1.11 as of now)
+UniSwapx | 0 UNIX | **Airdrop never arrived**, locked their TG whilst heavily pushing presale
+Imperium PB | 0 IPBA | **Airdrop never arrived**, Telegram channel locked 2 days before airdrop
+YFIV Finance | 0 YFIV | **Airdrop never arrived** but still heavily pushing presale even now
+CryptoTechGiants | 0 USDT | Airdrop turned into a competition based on how many people you could refer, TG channel turned into a *signal group* (A.K.A P&D group)
+Universe Token | 0 UNIT | **Airdrop never arrived**. Locked their TG and advertised a doubling ETH scam website to their users
+yToken Finance | 0 YTKN | **Airdrop never arrived**. TG locked and then sold to 'BinanceSwap'
+CeliSwap | 0 CSP | TG locked. Required 0.09 ETH (then $45) to be sent which "they would send back"
+XUNII.Finance | 0 XUNII | **Airdrop never arrived**. TG locked and now advertises other 'airdrops'
+Revo Finance | 0 RVF | **Airdrop never arrived** due to "high gas fees". No one bought their presale so they created a poll asking why. Still pushing presale
+Ybull Finance | 0 YBULL | **Airdrop never arrived**. Locked and ghosted their TG channel before airdrop
+YFDiamond | **0.00005 YFD** | They airdropped 0.00005 YFD out of the 1 YFD advertised. TG locked and now advertises other 'airdrops'
+Xenon Token | 0 XNT | **Airdrop never arrived**. Deleted their TG channel 
+dEarn Finance | 0 DFI | You had to send 0.05 ETH ($25) to them first to 'validate' your address
+
+So. out of a combined **$2,827.90** worth of cryptocurrencies advertised to be airdropped, only one 'project' actually airdropped anything and that was 0.005% of what was advertised which is currently worthless. 
+
+This wasn't a surprise to myself and I am glad to have the actual data to back up my suspicions. 
+
+**FINDINGS:**
+
+ - Based on the Telegram channels of these 'projects', most of the users were from South America and the Middle East. Presumably from impoverished countries trying to find themselves some income.  
+ - These 'airdrops' were almost always a front to peddle a presale of their token. This appears to be the primary goal of most of them. They want to sell their newly-minted tokens for ETH, promising their project will get listed on big exchanges 'Soon™'.
+ - I only had to provide an email to one project: ArbiSwap. I used a throwaway email. After a couple of weeks I started to receive unsolicited emails from unrelated projects. This indicates that they shared/sold information of their users to other 'projects'.
+ - Some of the Telegram channels have been renamed and wiped of all information. The dEarn has been labelled a scam by Telegram themselves. Another has wiped all info and has renamed itself 'Project for Sale' and have made one post stating "We couldn't raise enough from presale, so we abandon the project". I am unable to find out which 'project' this channel belonged to. 
+ - Some projects seem to work together and promote the other project to their users on TG and twitter. 
+ - Airdrop twitter accounts and telegrams don't always promote the same airdrops, indicating that they only advertise airdrops that they're paid to advertise by the 'project'. 
+
+**To any newcomers to the cryptosphere, please do your research before taking part in any airdrops. Your time is worth more than most of these 'projects' combined. If something seems too good to be true, it usually is.**
+I’m not going to release all the details right now because I want to make sure this works properly but if you trade an iron condor for a ridiculous limit price you can make a shit load of money through margin and keep doubling your money. You can’t do this instantly like the old glitch but when the iron condor expires you can use however much money you want from margin and keep doubling your money again! I’ll give you all details on Friday when the iron condor expires. As you can see in the picture you’re using 500$ of margin money and then your guaranteed 475$ credit from the iron condor, you’re almost guaranteed to double your  money from this every time. I’ll tell you all how to do this step by step on Friday. And for some reason it makes you accept 18+to see the picture on imgur, I don’t know why. [Picture to prove this is real](https://imgur.com/a/QvL9mT8) Edit: For anyone who thinks this order won’t get placed, the bid ask spread guarantees it’s going to get placed! 😉 This is for GUH, analfarmer, controlthenarrative and 1RONYMAN! 
+2nd Edit: I’m releasing step by step details by tomorrow night! Follow me for when I update so you can see it as soon as it comes out! Also check wallstreetbets twitter! 
+3rd Edit: Everyone stay tuned for the detailed description on how to do this tomorrow but I will type it and release it now if someone gives me the golden fuckboy reward lol! Just remember if I release it now there’s no going back, maybe you want me to release it tomorrow night so you can do this Monday morning and it won’t get patched over the weekend! Let me know what you want in the comments! I love you all wallstreetbets! 4th Edit: CHECK OUT MY STEP BY STEP GUIDE https://www.reddit.com/r/wallstreetbets/comments/e4k0l7/robinhood_infinite_money_glitch_step_by_step/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+5th Edit (8:19PM December 1st): ROBINHOOD RESPONDED https://www.reddit.com/r/wallstreetbets/comments/e4r0sy/robinhood_statement_on_options_collateral_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
+So I am having trouble making a decision on a job offer I received yesterday.  I work as a civil engineer, and my current job pays fairly well for the industry.  I have been looking for a new job, though, because my boss is generally an asshole (he has mood swings frequently, so it can depend, but he's a very condescending and subversive person) and some projects that I work on are very mundane.
+
+My current company is small at 30 employees, and I received a job offer at a large 6000 person firm.  I believe that this position would be more enjoyable work and my future supervisor a normal person.  
+
+Financially, I could lose out though.  I am up for an annual review next month, where I am expecting a 3-7% raise(got 10% last year). the new job offered me about 3% less than what I am getting now, but I've asked them to match at least my current salary.
+
+So I am wondering if anyone has any advice for me moving forward.  I am not even sure about asking for more than a match, since they were reluctant to even match.
+
+Edit, forgot to add that I received a nice profit share from my company last year at about 8% of my pay, which I'm not sure is even given at the new company.
+
+Edit2, I've compared other benefits and they are very similar for healthcare , time off, 401k, etc so that's why I didn't mention it.  I also emailed the recruiter and they offer a performance based bonus.  They have agreed to match my current rate, so I am going to consider it over the weekend.
+
+Edit3, I live California and am going to buy a house soon, so a civil engineer salary here isnt all that amazing.  
+
+Thanks for the advice everyone, there are a lot of good points made here and something to consider.
+First off I’m not the average person. I usually dive in head first and learn as I go. Seems to have been my life and way of learning. With that said here is a brief history of what it felt like the past several months with the FUD in the air and what it was like to not even know what FUD means lol
+
+I’ve heard of bitcoin and litecoin when they first came out and mined bitcoin with my cellphone lol it was that easy. I lost this phone and thought nothing of it like many others who mined anything in the beginning. 
+The blockchain tech seemed awesome to me but implementation seemed decades away. 
+
+Fast forward to the crypto hype of 2017 lol. Where everyone and their grandmother wanted bitcoin for some reason. 
+I remembered reading about both btc and ltc. I’ve studied both coins thoroughly and always expected Ltc to win. To my surprise btc was at 20 k with Ltc at about 300. 
+
+Being the true Ltc believer I am. I grabbed as much Ltc as I could without realizing the holidays are coming and that the market would react to this as well. 
+
+But... this is where it gets interesting. (Look for the silver lining) 
+
+This decline was a blessing in disguise. 
+
+It forced me to dive deeper and look into exchanges. Other coins. Icos. And opened a whole new world of blockchain magic. 
+
+Through this experience of crypto knowledge growth, I’ve met so many wonderful people who share knowledge and energy to see this community grow. 
+
+Had there not been this dip. I would have kept it moving and enjoyed my profits never diving deeper into cryptocurrency. 
+
+This dive forced me to get my old computers out and touch up on my programming skills. It forced me to learn different algorithms and platforms that support other coins. It has taught me to mine with and without a pool. Also taught me how to set a pool up. 
+
+It has introduced me to other true believers and movers. Thank you for the dip. #cryptofam #cryptoarmy #thankyou 
+ 
+
+💥 WELCOME TO 100XELON 💥
+
+What is 100XElon?
+
+A  100% Community Governed Auto-Generating Liquidity Protocol. This is  literally a Meme shitcoin. We won't rug. This is fully experimental.  This might go 100X or 0X.
+
+Either way, influencers will be shilling this project.
+
+Be aware of the risks when investing in this shitcoin. You might just lose your money or you might just go 100x.
+
+This shitcoin meme is supported by Ken The Crypto
+
+[https://twitter.com/KenTheCrypto](https://twitter.com/KenTheCrypto) (future video feature)
+
+☀️☀️PRESALE FINISHED ☀️☀️
+
+150 BNB worth of tokens sold out in under 30 mins.
+
+‼️OUR OFFICIAL LINKS ARE AT THE BOTTOM OF THE PAGE ‼️
+
+Admins will never DM first.
+
+GROUP RULES:
+
+🟢 No SPAM  🟢 No FUD 🟢 English Only 🟢
+
+🟣Contract address of 💫 #TBA In the next hour 💫:
+
+📊 address 0xa58968A07b9fc6F53dEc772486C8309320765Ab3  📊
+
+\#️⃣BSCScan Link: [https://bscscan.com/token/0xa58968A07b9fc6F53dEc772486C8309320765Ab3](https://bscscan.com/token/0xa58968A07b9fc6F53dEc772486C8309320765Ab3)
+
+🟡Pancake Swap Listing:
+
+[https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa58968A07b9fc6F53dEc772486C8309320765Ab3](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa58968A07b9fc6F53dEc772486C8309320765Ab3)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+Use 10 -12% Slippage
+
+⏳CoinMarketCap : Application 2 Days After PreSale Launch
+
+⏳CoinGecko : Application 2 Days After PreSale Launch
+
+⏳Blockfolio: Application 2 days after Presale launch
+
+🟡CHARTS: TBA
+
+🟣 How to connect Metamask to Binance Smart Chain
+
+🔵 [https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain)
+
+🟣There are NO team wallets.
+
+🟣 50% Liquidity Locked for 100 Years.
+
+The other 50% will be used for funding: marketing, hiring a full time developer, paying team members etc.
+
+IMPORTANT NOTE
+
+There  will be a separate address made for all the raised funds for full  transparency (You will know what we spend the funds on what we're paying  ourselves) Some funds will be used as buybacks
+
+🟣 Holders will be rewarded.
+
+🟣Official Links:
+
+🔵Twitter: [https://twitter.com/100\_elon](https://twitter.com/100_elon)
+
+🔵Telegram Chat: [https://t.me/ELOofficialchat](https://t.me/ELOofficialchat)
+
+🔵Whitepaper: TBA
+
+🌐Website: TBA
+I'm on board with the FI movement and I'm saving up, but there's one thing that's always puzzled me in the logic behind it. 
+
+They say any income (or spending) above $60k or so doesn't bring excess happiness, because any spending above this level is more keeping up with the Joneses than spending on things that actually matter (food, etc). Also MMM says avoiding lifestyle inflation will make you no less happy. I totally buy these ideas and agree.
+
+But if we can control our happiness internally without the need to spend a lot of money (think internal locus of control), shouldn't we also be able to control our happiness at work? I've always felt happiness is more a state of mind rather than something that external forces control - so why would retiring make you happier? 
+By simple technical analysis (which redditors seem to think is voodoo magic), you could have avoided taking loses and protected your gains. There is no telling how low ETH will continue to drop, no one really knows. The daily chart was screaming weakness and overextension, and the bull trap just a week earlier was a good exit if you missed the top. I made a thread some time ago calling out the further drop but it got shit on like usual. You better believe I took profits, and I will buy back when momentum has shifted but right now its looking rather dim in the short term based on the chart.
+
+All you rookie crypto traders need to take note and stop being so blind to whats in front of you. I expect a barrage of down votes but thats okay. ETH trader should change its name to ETHodler because there is no trading that takes place in here.
+Credit Suisse issued the following PR:
+
+https://www.credit-suisse.com/pwp/cc/doc/credit_suisse_age_event_acceleration_xiv_etns.pdf
+
+Credit Suisse AG Announces Event Acceleration of its XIV ETNs
+New York February 6, 2018 Credit Suisse AG (“Credit Suisse”) today announced the event
+acceleration of its VelocityShares™ Daily Inverse VIX Short Term ETNs (“XIV”) due to an
+acceleration event. The acceleration date is expected to be February 21, 2018.
+Since the intraday indicative value of XIV on February 5, 2018 was equal to or less than 20% of
+the prior day’s closing indicative value, an acceleration event has occurred. Credit Suisse
+expects to deliver an irrevocable call notice with respect to the event acceleration of XIV to The
+Depository Trust Company by no later than February 15, 2018. The date of the delivery of the
+irrevocable call notice, which is expected to be February 15, 2018, will constitute the
+accelerated valuation date, subject to postponement due to certain events. The acceleration
+date for XIV is expected to be February 21, 2018, which is three business days after the
+accelerated valuation date. On the acceleration date, investors will receive a cash payment per
+ETN in an amount equal to the closing indicative value of XIV on the accelerated valuation date.
+The last day of trading for XIV is expected to be February 20, 2018. As of the date hereof,
+Credit Suisse will no longer issue new units of XIV ETNs.
+On February 2, 2018, the closing indicative value was USD 108.3681. None of the other ETNs
+offered by Credit Suisse are affected by this announcement. 
+I’m in my mid 40’s and I’m seeing what feels like the light at the end of the tunnel with regards to my corporate working life. Saved and invested heavily my entire career. Hoping to FIRE by 52. I’ve felt similar optimism before...in the Fall of 2007. We all know what happened shortly thereafter. I didn’t look at my investments for a couple of years apart from annual rebalancing and making sure my 15% 401k contributions continued to accumulate shares. 
+
+This FIRE community appears to be thriving these days and I can’t help but recognize that the current state of the markets are the catalyst. I wasn’t aware of the community during 2008-2009. What was it like then?  Will this board go silent if we have a 50% drop event again? 
+People wanted an update to my post of yesterday so here it is.
+
+https://preview.redd.it/792ecwcp1oj81.png?width=892&format=png&auto=webp&s=28043105181233671ec0e4e05de006dc3ff7e143
+
+​
+
+I see that it is very similar to the explanation they offered on Twitter. I had no higher expectations.
+
+​
+
+Yesterday's post for reference: [https://www.reddit.com/r/Superstonk/comments/sz0z3z/i\_wrote\_to\_simply\_wallstreet\_about\_their\_gme/](https://www.reddit.com/r/Superstonk/comments/sz0z3z/i_wrote_to_simply_wallstreet_about_their_gme/)
+
+​
+
+Credit to [u/eastbay77](https://www.reddit.com/u/eastbay77/) for their findings.
+
+​
+
+Obligatory rockets: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+​
+
+^(character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit character limit)
+We are now seeing DAOs coming, start ups being funded in ETH. The DAO crowdfunding millions of USD in Ether.
+
+Companies can't dump 500k of Ether without seeing their funding collapse. They could withdraw over a long period, etc etc...
+
+Would that make everything more stable for ETH? 
+Would it make ETH someday a store of value?
+
+This ecosystem, if succesful, could become mainstream in crypto world. 
+What do you guys think?
+ Current home value is \~750k with remaining principle of 288k on a 15 year, 3.125% with monthly payments of 2800 for PI
+
+I am planning on upgrading primary residence to one costing around 1.1m. I have 760k in capital to put towards the purchase.
+
+Original plan was straightforward - use the 760k as down payment, take a new 30 year loan.
+
+Then I thought that maybe I should straight refinance my current home first, which would lower our DTI to 1100 for PI.
+
+Then I realized that if I could cash-out refi, I could get about $312k out of it. Add that to the $760k capital and could buy a slightly cheaper house, 1.05m in cash (+closing). This would keep the mortgage on my current home, which would become a rental, which means that it would be tax advantaged for us because we currently take the standard deduction due to the $10000 SALT limit for a married couple.
+
+So this seems like a pretty good idea to me, I suppose other than the higher interest rates from refinancing? Any thoughts? Would this basically just be spinning wheels or would I get some benefit from it?
+hello,
+
+​
+
+let's say I buy a rental out of state and its cash flows. Then the same year I want to buy a home for myself, would it affect me in anyway to obtain a loan?
+hello,
+
+​
+
+let's say I buy a rental out of state and its cash flows. Then the same year I want to buy a home for myself, would it affect me in anyway to obtain a loan?
+I ask because I'm really considering it.  I'm in a HCOL area and making an amount of money that frankly I don't deserve to be making ($120k+/year), my only skill-set is Right Place + Right Time, and I'm just about fed up with it.  My job is not fulfilling whatsoever and in my particular office I don't really accomplish much all day.  It's the sort of job that when I was younger I desperately wanted because the money is more than I ever could have expected out of life and the level of responsibility is literally whatever I want it to be... but it turns out I have standards after all, so I'm considering a change to a more respectable career field that I have more of a mind for. 
+
+I spoke with a contractor (a carpenter) in our building the other day and he tells me that people starting out make about $35/hr with overtime if they want it. I  have not spoken with any union representatives but that's on the list. I figured I'd ask around the FIRE community first about what others might have experienced with this sort of transition.
+
+So has anyone else done this while maintaining a FIRE outlook on life? 
+
+How did it affect your FIRE journey? 
+
+How was the transition? 
+
+Was it better or worse than you expected? 
+
+How did you choose your trade? 
+
+​
+
+Inquiring minds want to know!
+
+EDIT:  and this is why I love this sub. You folks are solid with the advise and pretty damn consistent too.  For anyone who's interested, it would appear that the FI community has three things to say to anyone in my situation: 1) you might as well take a hammer to your hands, knees, and hips now and get the waiting over with, 2) quit whining and collect your paycheck, the grass is not greener, and 3) if you want a skill, take that paycheck and go pay for classes.
+
+For the record, I think you all are pretty spot on. My position is more nuanced of course but that doesn't negate the good thoughts you've all posted. Thanks for squaring me away.
+​
+
+https://preview.redd.it/wzk89o8710i81.png?width=928&format=png&auto=webp&s=66aa6648e9aa124647c5fb298cfcfc4e7b16aeb3
+
+The Swaps repo made available by the SEC is available here:  [https://pddata.dtcc.com/gtr/dashboard.do](https://pddata.dtcc.com/gtr/dashboard.do)
+
+The site is hella boomer, so you'll have to use Internet Explorer for the Historical Search due to security in modern browsers.
+
+# The Cumulative Slice Reports have historical data in them, so that's the quickest path to Excel.
+
+# Edit:
+
+Since I'm not willing to back down and I see some comments filtering in, I will update this post as I try to grow a wrinkle today.
+
+Here's the current view I'm looking at.  I've collapsed empty fields and starting to highlight fields that seem interesting, according to the data dictionary located in the appendix of the guide located here:
+
+[https://kgc0418-tdw-data-0.s3.amazonaws.com/gtr/static/gtr/docs/RT\_PPD\_quick\_ref\_guide.pdf](https://kgc0418-tdw-data-0.s3.amazonaws.com/gtr/static/gtr/docs/RT_PPD_quick_ref_guide.pdf)
+
+This link is also available at the top of the site, if you don't trust me, bro.
+
+​
+
+[Data that seems interesting to me...activity on interesting Execution Timestamp dates.](https://preview.redd.it/hobmn62ib0i81.png?width=2793&format=png&auto=webp&s=5740980d40e6816fbfa92dfc55cdff24f90baf91)
+
+* Download the Cumulative Slice zip file
+* Unzip, open in Excel or tool of choice
+* Custom filter: Underlying Asset ID = "GME.N" or "US36467W1099"
+* Sort by Execution Timestamp
+
+That will give you the subset of data for GME appearing in the screenshot above.
+
+The reason I highlighted the two yellow rows is due to the "BasisPoints" in the "Price Unit Of Measure 1" field, which differs from all the rest.  This seems to indicated a risk situation where they are lending according to one rate (such as LIBOR) and borrowing at another rate (such as Treasuries).  Source:  [https://www.investopedia.com/terms/b/basisrateswap.asp](https://www.investopedia.com/terms/b/basisrateswap.asp)
+
+I'm currently checking out the rows with Product ID = "Equity:ContractForDifference:PriceReturnBasicPerformance:SingleName" and putting each instance on a chart to see how they affect or correlate with price action over the next few dates after they are effective.
+
+Reference:  [https://capital.com/derivatives-trading-cfds-vs-equity-swaps-what-s-the-difference](https://capital.com/derivatives-trading-cfds-vs-equity-swaps-what-s-the-difference)
+
+Apparently, these swaps may be a put or a call, but none of the fields in the data for options are populated for any of these rows.  So, for a particular row, it's not clear which direction they are betting on besides the Price.
+
+Still working on it, but here's the first several rows on a chart with lines and stuff...
+
+​
+
+[UPDATED:  This is not TA, so bite me.](https://preview.redd.it/2rrf6uf8i2i81.png?width=2292&format=png&auto=webp&s=72cbd43b471f7b184431ef33d3ce5818d368e2d8)
+
+Anyone care to overlay the "call to options" FUD against these dates?
+
+It seems that in the ones starting after 12/21 (first with strike over previous close), that the price (and possibly whether it's a put or call) has been playing ping pong to keep the price from straying too far, which seems a nod to the Variance Swap DD.
+
+# EDIT 2:
+
+~~So, I was focused on the date of the CFDs as I placed the lines on the Day bars, but looking at the Execution Date again, these swaps always occur right before market close by a minute or two.  That finally explains the massive red volume dildos at the end of the day.~~
+
+~~Could it be that they setup the contract at the beginning of the day, which allows them to short the shares throughout the day and that final shot is the balance?  According to 2/14 CFDs, that would have been 220,000 shares to short throughout the day and a final shot of 32.966k volume right before close.~~
+
+# Edit 3:
+
+I think I don't know very well how CFDs work, so I'm going with the Edit 2 statements are completely smooth brain, so removing to prevent misinformation.  
+Assumptions: Minimum $30k salary, 1% average increase in 401k Max contribution, 3% annual increase in salary, 4% company match, 7% rate of return on investments. 
+
+My other savings go up and down depending on how my wife's 100% commission based income is doing, but I make sure to max my 401k every year, so I wanted to project where that would get me if that was the only saving I did. 
+
+*Also meant to put 21 years
+
+*second edit -  a lot of people complaining about the $30k number. I just put that as the bare minimum salary you would need to make this example work with the 4% employer match. 99% of this subs members are making well above that amount. 
+
+Obviously it would be hard to max your 401k on $30k, but not impossible if you're DINKing or have side income. 
+
+Year | 401k Contribution (1% annual max increase) | Salary (3% annual raise)| Company Match (@4%) |Total | Running Balance | After Returns (7%)
+---|---|----|----|----|----|----
+1 | 18,000 | 30,000 |1,200 | 19,200 | 19,200 | 20,544
+2 | 18,180 | 30,900 | 1,236 |19,416 | 39,960 | 42,757
+3 | 18,362 | 31,827 | 1,273 | 19,635| 62,392| 66,760
+4 | 18,545 | 32,782 | 1,311 | 19,857 | 86,616 | 92,679
+5| 18,731 | 33,765 | 1,351 | 20,081 | 112,761 | 120,654
+6 | 18,918 | 34,778| 1,391 | 20,309| 140,963 | 150,831
+7 | 19,107 | 35,822 | 1,433 | 20,540 | 171,371| 183,367
+8 | 19,298 | 36,896| 1,476 | 20,774 | 204,141 | 218,431
+9 | 19,491 | 38,003 |1,520 | 21,012 | 239,443| 256,204
+10 | 19,686 | 39,143 | 1,566 | 21,252 | 277,456 | 296,878
+11 | 19,883 | 40,317| 1,613 | 21,496 | 318,374 | 340,660
+12 | 20,082 | 41,527 | 1,661 | 21,743 | 362,403 | 387,771
+13	|	 20,283 	|	 42,773 	|	 1,711 	|	 21,994 	|	 409,765 	|	 438,448 
+14	|	 20,486 	|	 44,056 	|	 1,762 	|	 22,248 	|	 460,696 	|	 492,945 
+15	|	 20,691 	|	 45,378 	|	 1,815 	|	 22,506 	|	 515,451 	|	 551,532 
+16	|	 20,897 	|	 46,739 	|	 1,870 	|	 22,767 	|	 574,299 	|	 614,500 
+17	|	 21,106 	|	 48,141 	|	 1,926 	|	 23,032 	|	 637,532 	|	 682,160 
+18	|	 21,317 	|	 49,585 	|	 1,983 	|	 23,301 	|	 705,460 	|	 754,843 
+19	|	 21,531 	|	 51,073 	|	 2,043 	|	 23,574 	|	 778,416 	|	 832,905 
+20	|	 21,746 	|	 52,605 	|	 2,104 	|	 23,850 	|	 856,756 	|	 916,728 
+21	|	 21,963 	|	 54,183 	|	 2,167 	|	 24,131 	|	 940,859 	|	 1,006,719 
+
+
+
+
+
+I’m 17 years old and a junior in high school, I lack my parents support financially and well... as parents. Currently I am living with a friend but I really don’t like to burden other people and am only doing so I can try to finish my junior year. I have worked multiple jobs and am working right now at Burger King. I know there is a whole list of things I should be doing to be ready and things I should be doing to help myself become independent but honestly I’m not sure what those things are. I am ready to take on the responsibilities of being an adult. Any input or advice on the best ways to help myself or even suggestions of what I can do are all welcome. 
+Early in my career I was a public employee for about two years and had a pension plan through CalPers (California’s public employee retirement system). 
+After I left I decided to leave the funds in there because they gain interest at roughly 6% annually. However, since I have now separated from public employment there’s no way for me to contribute more funds to that account. Since I was younger and not making as much I didn’t contribute as much as I’d like - maybe about $9,000 total. This account has grown to $10,300 today, over the course of two years from my separation from that job. 
+
+Lately I’ve been considering if I should take out the money that’s in there and reinvest it somewhere else. Here were a few options that I was contemplating: 
+
+ - Pull the money out and roll to my IRA or 401k. 
+
+- Pull the money out and put in my down payment savings account, but face 20% federal tax penalty plus state tax penalty.  
+
+- Continue to leave it in there and accrue interest until there is no longer a tax penalty (age 59 and a half.. 30 years left lol).
+
+I’m still learning the ropes when it comes to planning for retirement so any advice is greatly appreciated.
+I'm new to running wheels. I was doing weekly AMD to start and it actually was working out... After reading a ton and posting here, I started doing 30-45dte. I really mistimed things on the last run-up and am wondering if I should cash out and take my loses.
+
+It's embarrassing to list all my compounding screwups but here goes:
+
+1. Sold -2 CSP way too high. Strike 114.
+2. When it passed that in like 2 days, I decided to average down and sold another one at 112. 
+3. Kept going down, I decided to roll them out. I rolled WAY out to 8/19 with strikes of 100/ (-2)110.
+
+So now I have three CSP expiring 8/19 (-1)100 and (-2)110. 
+
+I had banked some profits from earlier doing the weeklies, so if I let these get assigned, the cumlative strike price would be $97.67 to sell CC above.
+
+I'm not sure if I'm just reacting to AMDs current slide and the market in general. May seems like it's going to be terrible all around. I could see AMD sliding to 85 or even lower before going up... 
+
+Should I just cut my loses and bail? The advice I always hear is to stick to your trading plan... That's hard to do when you've never really seen one through. Should I stick it out? Lower my position size? 
+
+Any thoughts on AMD? Overall I think they are good company. I build a lot of computers and am impressed with their new products. I think they have been consistently taking market share from Intel for years. Still a lot of risks with silicon and competitive industry, but... They aren't a shit company.
+I see spreads and other strategies that involve spreads (iron condors, etc) mentioned here quite often, but are they really considered a thetagang strategy?
+
+The net theta of a credit or debit spread is pretty close to 0, since the positive theta of the short leg is almost entirely canceled out by the negative theta of the long leg.
+
+So if the price stays flat, you don’t really see any gains on your position.
+
+Seems more like a delta (directional) play to me. Also please let me know if this is common knowledge and if no one thinks spreads are a theta play in the first place.
+
+That being said, what _is_ considered a theta play? Is it just CCs (PMCCs) and CSPs? Any other strategies that take advantage of theta?
+I am feeling a little overwhelmed with the state of my finances in regard to property.
+
+I know I'm not alone but nobody seems to really care too much about what this means for finances (or society at large) long term. 
+
+I'm supposedly on one of the very best graduate schemes in the country and whilst I don't expect to live a life of luxury in London, or immediately be rich, I find myself living in a flatshare with people who (naively) growing up I thought were at the age of having a house, kids and being quite independent. They're on a lot of money too.
+
+I'm just finding it a bit overwhelming, I'm ploughing money into H2Bs, stocks and shares and considering buying random houses away from here and renting them out or in the EU (Croatia) etc just to get some sort of hard asset. 
+
+Moving from a working class northern family where even we had our own house it's quite a shock to me that only the 'elite' here really have bricks and mortar and you're blessed if you have a flat. The irony is the kids that were not as academic at school are now mortgaged up and although they might earn less in terms of gross pay, they are probably much better off than me.
+
+I don't expect this place to have a solution, but is anybody else filled with anxiety for it? I'm terrified should my relationship go south I'll be in my 40s still asking flatmates to do their washing up.
+
+Is buying property in cheaper parts of the country and renting it out, or in cheaper parts of the EU viable? I've had a look and reckon that I could get some properties outright for what it would cost me for a deposit here.
+I had a god damn novel written out here, but you know what they say. Why waste time say lot word, when few word do trick? I’m going to make a long story short(er) and just answer questions that may pop up. 
+
+I’m 26, I’m a nurse, and I’m burnt the fuck out. But I really need you to trust me when I say my job is as good as it gets as far as bedside goes, and switching jobs in my field is NOT going to make me happier (I’ve worked in both hospital and office nursing, they both fucking suck for their own reasons). 
+
+I am currently thinking about going down to 30 hours per week (right now I work four 10 hour shifts, currently looking to do two 12 hour shifts one week, and three 12 hour shifts the next week for a total of 60 hours per pay check). 
+
+I have little debt (just federal student loan and car), I contribute 10% to my 401k with a 5% company match. Cutting my hours will just mean cutting into my disposable income and the amount I contribute to personal savings. I will still contribute 10% to my 401k and keep my 5% match benefit, but obviously the amount that gets contributed will be reduced. I get a 3% raise yearly and plan on bumping my 401k contribution up by that 3% every time I get a raise. 
+
+My take home will go from $3,200/month, to $2,400/month. My savings and disposable income will be reduced, but with my free time I do plan on trying to make some money off of my hobbies (crocheting and sewing). I already did a test run of this during peak covid when I voluntarily elected to reduce my hours to 30 hours per week. I was leagues happier not spending majority of my days at work and I survived just fine on the reduced check. 
+
+I can keep working four 10 hour shifts and have more money to contribute to savings and retirement, but will remain resentful and exhausted. Or I can reduce my time around the only stressor in my life, I can spend more time doing things I love, and spend more time being happy while I’m young and life is otherwise great. 
+
+This still ended up being a novel, but oh well. Thanks for reading!
+
+Edit: oof. I just woke up to hundreds of comments. Thank you everyone for taking the time to reply and providing constructive feedback and potential solutions.
+My lease says my rent is $1,087 per month. It says in the lease that "Rent above includes all additional fees, rentable items, and processing fees."  The lease also states that the rent can only be paid through their online payment site.   
+
+
+When I go to the online payment site there is an additional $40 per month "service charge" to pay rent (making my total rent $1,127). Is this not against the terms of the lease? Is there anything I can do? I know it's $40 per month but this seems unfair.
+I want to start off this post by saying that I am not a financial advisor.  All of this should be taken with a grain of salt.  Do your own research to back up beliefs you may have about the stock that you like.  I will site sources I used at the end with links.
+
+I heard a couple of people, including Pixel, mention a few things about VIX, which is a volatility index that was created back in 1993 with the goal of giving real time analysis to market expectations of possible near-term price movements of the market.  Pixel was the first person I heard personally that mentioned it as something to look at for a guideline of market sentiment.  So occasionally I would sneak a peek of what was happening based of sentiment I could feel from r/GME and r/Superstonk.
+
+Then yesterday, 5/4, I decided to check it again.  Needless to say, my tits were jacked.
+
+Open up a banana and crack open a cold Fresca, cause it's about to get deep MF.
+
+Before I get into all that though, I want to give you a little background on VIX and why we can view it as reliable for predicting short term price movement based off historical data and major historical events.  Then we will see if VIX has any correlation to price movement in GME and see if we can predict any possible events that may be coming (aka when moon).
+
+So first some background.
+
+Vix was created back in 1993 by Cboe (originally known as the Chicago Board Options Exchange (CBOE) which changed its name back in 2017.  The Cboe was founded in 1973 and is the world's largest options exchange.  Really what VIX calculates is not volatility but instead the expectation of possible future volatility or implied volatility.  Originally when it started it took into consideration the implied volatility of 8 separate S&P 100 put and call options but then expanded in 2002 to the S&P 500 for more accuracy.
+
+So how does this whole thing work 🦍?  I'm glad you asked.
+
+Two methods are used.
+
+1. They perform calculations based on historical prices over a specific period of time.  Basically they find things like an average, mean, variance, and historical deviation on the data sets.  This allows them to calculate the risk.  Any time you want to know the future of a stock, you can go off the baseline of what it's done in let's say the last couple months and go off of that.  So they do that and take past data to find future implied volatility.
+2. They infer that value of the stock based off of option prices.  Option prices are made according to the probability of it reaching it's strike price before it expires.  So to calculate the price of these options in most cases, the possibility of it reaching that set price is represented by a volatility factor and dictates the price of such options.  Since option prices are available to the open market, they are able to be used for data.  Boom, more data to show movement in pricing or implied volatility.
+
+Okay so you grew a few wrinkles right?  Now how accurate is this fancy thing?  Get ready to look at some data with me.
+
+I poured over some historical data correlating to historical events.  [Here is a link to the raw data.](https://cdn.cboe.com/api/global/us_indices/daily_prices/VIX_History.csv)
+
+Here's some examples.
+
+2001 WTC Attack in NYC
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+08/31/2001,25.310000,25.470000,24.410000,24.920000 09/04/2001,26.110000,26.170000,24.190000,25.850000 09/05/2001,26.220000,27.370000,26.220000,26.350000 09/06/2001,27.230000,28.730000,27.230000,28.610000 09/07/2001,29.890000,31.300000,28.920000,30.990000 09/10/2001,33.110000,33.340000,31.840000,31.840000 09/17/2001,43.200000,44.330000,39.770000,41.760000 09/18/2001,41.070000,42.170000,38.870000,38.870000 09/19/2001,37.880000,44.260000,37.500000,40.560000
+
+Literally before 9-11-2001, they were showing implied volatility and then there was a massive jump on recorded date, 9-17-2001.  The stock market was closed until 9-17 due to the worry for panic selling. On 9-17-2001, the Nasdaq Composite index fell by 6.8%.
+
+The Stock Market Crash of 2002
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+07/01/2002,25.710000,27.160000,25.630000,27.110000 07/02/2002,27.560000,29.780000,27.560000,28.960000 07/03/2002,28.880000,31.030000,28.760000,29.420000 07/05/2002,27.300000,27.300000,25.680000,27.110000 07/08/2002,28.540000,28.780000,27.880000,28.250000 07/09/2002,27.960000,30.340000,27.790000,30.220000 07/10/2002,31.400000,34.170000,30.770000,34.100000 07/11/2002,34.420000,36.350000,33.850000,33.850000 07/12/2002,34.300000,34.300000,32.410000,32.940000 07/15/2002,35.070000,38.380000,34.860000,35.030000 07/16/2002,35.970000,36.820000,35.200000,36.650000 07/17/2002,34.250000,36.730000,33.620000,35.450000 07/18/2002,35.200000,35.420000,33.450000,35.120000 07/19/2002,36.420000,38.170000,35.980000,38.170000 07/22/2002,39.130000,42.580000,38.570000,41.870000 07/23/2002,42.270000,46.130000,42.050000,44.920000 07/24/2002,48.170000,48.460000,39.830000,39.860000 07/25/2002,40.650000,42.050000,38.890000,39.270000 07/26/2002,38.610000,38.800000,35.510000,35.510000 07/29/2002,33.890000,33.890000,31.190000,31.330000 07/30/2002,32.040000,32.770000,30.600000,31.920000 07/31/2002,32.780000,33.680000,32.030000,32.030000
+
+Again, showing steady and then increasing in implied volatility.  Well that July, The Dow Jones fell from it's March high of 10632.40 to 7702.30.
+
+2008 Recession
+
+Yet again, the VIX for almost the whole year went back and forth in the 18-22 range and then...
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/05/2008,24.540000,24.710000,22.970000,23.060000 09/08/2008,22.220000,24.060000,22.120000,22.640000 09/09/2008,22.690000,25.680000,22.580000,25.470000 09/10/2008,25.470000,25.480000,23.800000,24.520000 09/11/2008,25.380000,26.250000,24.390000,24.390000 09/12/2008,24.800000,26.670000,24.800000,25.660000 09/15/2008,25.660000,31.870000,25.660000,31.700000 09/16/2008,31.700000,33.700000,30.240000,31.540000 09/17/2008,30.250000,36.400000,30.250000,36.220000 09/18/2008,36.100000,42.160000,33.100000,33.100000
+
+UH OH.  Looks ominous.  \*insert Billy Mays' voice\* BUT WAIT, THERE'S MORE!!
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/26/2008,34.760000,36.400000,34.440000,34.740000 09/29/2008,36.920000,48.400000,36.920000,46.720000 09/30/2008,43.770000,43.800000,38.860000,39.390000 10/01/2008,39.390000,42.380000,39.390000,39.810000 10/02/2008,39.820000,46.480000,39.820000,45.260000 10/03/2008,45.220000,45.520000,41.510000,45.140000 10/06/2008,45.120000,58.240000,45.120000,52.050000 10/07/2008,52.050000,54.190000,47.030000,53.680000 10/08/2008,53.680000,59.060000,51.900000,57.530000 10/09/2008,57.570000,64.920000,52.540000,63.920000 10/10/2008,65.850000,76.940000,65.630000,69.950000 10/13/2008,69.950000,71.420000,54.690000,54.990000 10/14/2008,55.100000,59.810000,46.350000,55.130000 10/15/2008,55.690000,69.470000,55.690000,69.250000 10/16/2008,69.210000,81.170000,66.510000,67.610000
+
+Yeah, we all know what happened there.  Look at 9-29-2008.  The Dow Jones fell 777.68 in one day.
+
+Let's just look at one more shall we?  Something more recent.
+
+2020 Stock Market Crash
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/21/2020,17.330000,18.210000,16.190000,17.080000 02/24/2020,22.250000,26.350000,22.000000,25.030000 02/25/2020,22.190000,30.250000,22.190000,27.850000 02/26/2020,26.630000,29.570000,24.760000,27.560000 02/27/2020,28.950000,39.310000,27.790000,39.160000 02/28/2020,42.020000,49.480000,39.370000,40.110000 03/02/2020,34.860000,43.770000,31.500000,33.420000 03/03/2020,33.640000,41.060000,24.930000,36.820000 03/04/2020,34.440000,35.580000,30.300000,31.990000 03/05/2020,33.610000,42.840000,33.540000,39.620000 03/06/2020,41.460000,54.390000,40.840000,41.940000 03/09/2020,41.940000,62.120000,41.940000,54.460000 03/10/2020,49.680000,55.660000,43.560000,47.300000 03/11/2020,52.240000,55.820000,49.980000,53.900000 03/12/2020,61.460000,76.830000,59.910000,75.470000 03/13/2020,71.310000,77.570000,55.170000,57.830000 03/16/2020,57.830000,83.560000,57.830000,82.690000 03/17/2020,82.690000,84.830000,70.370000,75.910000 03/18/2020,69.370000,85.470000,69.370000,76.450000
+
+Guess what happened on 2-28-2020?  The Dow Jones and S&P 500 each lost 4.4%.
+
+Okay you got the picture now.  VIX is almost scarily accurate with predicting implied volatility.  Which led me to investigate, what is it doing with this entire GME situation.
+
+Lets take a look
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+01/21/2021,21.340000,22.220000,21.090000,21.320000 01/22/2021,22.240000,23.730000,21.270000,21.910000 01/25/2021,22.310000,26.630000,22.200000,23.190000 01/26/2021,23.910000,23.940000,22.550000,23.020000 01/27/2021,23.820000,37.210000,23.710000,37.210000 01/28/2021,33.250000,36.290000,27.390000,30.210000 01/29/2021,35.160000,37.510000,29.240000,33.090000 02/01/2021,31.450000,33.960000,29.030000,30.240000
+
+Do you know the date of the first tiny short squeeze?  That's right.  It started rising on 1-26 and was reaching its peak before being shut down and plummeting after 1-29.
+
+The same thing for our rise to 270
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/19/2021,23.10, 23.190, 20.84, 22.05 
+
+02/22/2021,24.460, 25.090, 21.96,2 3.45 
+
+02/23/2021,22.820, 27.01, 22.50, 23.11 
+
+02/24/2021,23.760, 25.04, 21.310, 21.340 
+
+02/25/2021,21.730, 31.16, 21.52, 28.89 
+
+02/26/2021,28.73, 30.820, 25.230, 27.95 
+
+03/01/2021,25.200, 25.39, 23.17, 23.35 
+
+03/02/2021,23.58, 24.60, 22.80, 24.1 
+
+03/03/2021,22.80, 26.790, 22.45, 26.67 
+
+03/04/2021,26.520, 31.90, 24.90, 28.57 
+
+03/05/2021,29.40, 30.03, 24.33, 24.66 
+
+03/08/2021,27.61, 28.39, 24.07, 25.47 
+
+03/09/2021,25.11, 25.250, 22.90, 24.03
+
+We had that big quick jump on 2-25 to 170.45, then on 3-4 was the start of our rise upward.
+
+So now we've proven that it correlates to GME rapid price movements, probably because of GME's negative beta affecting the broader market and the S&P 500.
+
+Which leads me to why my tits are jacked.
+
+5-4, there was, at it's peak for the day, a 19.06% increase in VIX for a high of 21.80.  With a lot of this sideways trading, the implied volatility has dropped considerably.  Here's the data.
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+4/09/2021,17.05, 17.34, 16.20, 16.690 
+
+4/12/2021,17.43, 17.910, 16.81, 16.910 
+
+4/13/2021,16.990, 17.86, 16.43, 16.650 
+
+4/14/2021,16.71, 17.690, 15.38, 16.9
+
+4/15/2021,16.780, 16.920, 15.940, 16.570
+
+4/16/2021,16.650, 16.88, 16.050, 16.25
+
+4/19/2021,17.040, 18.610, 16.78, 17.29
+
+4/20/2021,17.360, 19.70, 17.24, 18.68
+
+4/21/2021,18.48, 19.29, 16.91, 17.50
+
+4/22/2021,17.280, 19.90, 16.990, 18.710
+
+4/23/2021,18.560, 18.780, 16.80, 17.330
+
+4/26/2021,17.94, 18.17, 16.87, 17.64 
+
+4/27/2021,17.62, 18.160, 16.97, 17.56 
+
+4/28/2021,17.47, 17.84, 16.77, 17.6
+
+4/30/2021,17.67, 19.25, 17.64, 18.61 
+
+5/03/2021,18.65, 19.12, 17.8, 18.31
+
+You see how low VIX has been even and it's peaks?  Now there's a pretty sizable jump in implied volatility.  I'm keeping an eye on VIX from here on out that's for sure.  (It's able to be seen on Yahoo Finance and you can follow it right along with GME.  Not sure how else but that's the easiest way I've found)
+
+Now time for my opinion on what we could possibly see.  This is purely speculation and just my thoughts.
+
+After looking at all the historical data, my thoughts are that anything over 30 for VIX is significant.  But really it's not about those big jumps, because those are just days that there is massive movement.  It's really about those days leading up and seeing a steady climb in VIX that's telling.  I personally think that whatever is about to happen is going to bring a massive market crash, larger than at least the one last year.  I feel that if we see VIX rise past the 24-26 mark for a high on the day, and stay around there for maybe 2 or more days (May not even be needed.  It could be a major quick jump, like a rocket launch?), then it's about to go down.  THAT is why my tits are jacked.
+
+TL;DR: Please just try to read the most you can because it's pretty awesome to see.  The VIX shows the implied volatility for the markets based off the S&P 500 and can accurately predict major movements that will happen in the market.  VIX has a direct correlation with GME rapid movement.  Today there was a massive jump in VIX.  I predict more to come.  Just buy, hodl, vote.  
+
+Ground Control to Major Tom....
+
+🚀🚀🚀🚀🚀
+
+[VIX Historical Data](https://www.cboe.com/tradable_products/vix/vix_historical_data/)
+
+[VIX Volatility Chart](https://www.macrotrends.net/2603/vix-volatility-index-historical-chart)
+
+[Info About What VIX IS](https://www.investopedia.com/terms/v/vix.asp)
+I want to start off this post by saying that I am not a financial advisor.  All of this should be taken with a grain of salt.  Do your own research to back up beliefs you may have about the stock that you like.  I will site sources I used at the end with links.
+
+I heard a couple of people, including Pixel, mention a few things about VIX, which is a volatility index that was created back in 1993 with the goal of giving real time analysis to market expectations of possible near-term price movements of the market.  Pixel was the first person I heard personally that mentioned it as something to look at for a guideline of market sentiment.  So occasionally I would sneak a peek of what was happening based of sentiment I could feel from r/GME and r/Superstonk.
+
+Then yesterday, 5/4, I decided to check it again.  Needless to say, my tits were jacked.
+
+Open up a banana and crack open a cold Fresca, cause it's about to get deep MF.
+
+Before I get into all that though, I want to give you a little background on VIX and why we can view it as reliable for predicting short term price movement based off historical data and major historical events.  Then we will see if VIX has any correlation to price movement in GME and see if we can predict any possible events that may be coming (aka when moon).
+
+So first some background.
+
+Vix was created back in 1993 by Cboe (originally known as the Chicago Board Options Exchange (CBOE) which changed its name back in 2017.  The Cboe was founded in 1973 and is the world's largest options exchange.  Really what VIX calculates is not volatility but instead the expectation of possible future volatility or implied volatility.  Originally when it started it took into consideration the implied volatility of 8 separate S&P 100 put and call options but then expanded in 2002 to the S&P 500 for more accuracy.
+
+So how does this whole thing work 🦍?  I'm glad you asked.
+
+Two methods are used.
+
+1. They perform calculations based on historical prices over a specific period of time.  Basically they find things like an average, mean, variance, and historical deviation on the data sets.  This allows them to calculate the risk.  Any time you want to know the future of a stock, you can go off the baseline of what it's done in let's say the last couple months and go off of that.  So they do that and take past data to find future implied volatility.
+2. They infer that value of the stock based off of option prices.  Option prices are made according to the probability of it reaching it's strike price before it expires.  So to calculate the price of these options in most cases, the possibility of it reaching that set price is represented by a volatility factor and dictates the price of such options.  Since option prices are available to the open market, they are able to be used for data.  Boom, more data to show movement in pricing or implied volatility.
+
+Okay so you grew a few wrinkles right?  Now how accurate is this fancy thing?  Get ready to look at some data with me.
+
+I poured over some historical data correlating to historical events.  [Here is a link to the raw data.](https://cdn.cboe.com/api/global/us_indices/daily_prices/VIX_History.csv)
+
+Here's some examples.
+
+2001 WTC Attack in NYC
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+08/31/2001,25.310000,25.470000,24.410000,24.920000 09/04/2001,26.110000,26.170000,24.190000,25.850000 09/05/2001,26.220000,27.370000,26.220000,26.350000 09/06/2001,27.230000,28.730000,27.230000,28.610000 09/07/2001,29.890000,31.300000,28.920000,30.990000 09/10/2001,33.110000,33.340000,31.840000,31.840000 09/17/2001,43.200000,44.330000,39.770000,41.760000 09/18/2001,41.070000,42.170000,38.870000,38.870000 09/19/2001,37.880000,44.260000,37.500000,40.560000
+
+Literally before 9-11-2001, they were showing implied volatility and then there was a massive jump on recorded date, 9-17-2001.  The stock market was closed until 9-17 due to the worry for panic selling. On 9-17-2001, the Nasdaq Composite index fell by 6.8%.
+
+The Stock Market Crash of 2002
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+07/01/2002,25.710000,27.160000,25.630000,27.110000 07/02/2002,27.560000,29.780000,27.560000,28.960000 07/03/2002,28.880000,31.030000,28.760000,29.420000 07/05/2002,27.300000,27.300000,25.680000,27.110000 07/08/2002,28.540000,28.780000,27.880000,28.250000 07/09/2002,27.960000,30.340000,27.790000,30.220000 07/10/2002,31.400000,34.170000,30.770000,34.100000 07/11/2002,34.420000,36.350000,33.850000,33.850000 07/12/2002,34.300000,34.300000,32.410000,32.940000 07/15/2002,35.070000,38.380000,34.860000,35.030000 07/16/2002,35.970000,36.820000,35.200000,36.650000 07/17/2002,34.250000,36.730000,33.620000,35.450000 07/18/2002,35.200000,35.420000,33.450000,35.120000 07/19/2002,36.420000,38.170000,35.980000,38.170000 07/22/2002,39.130000,42.580000,38.570000,41.870000 07/23/2002,42.270000,46.130000,42.050000,44.920000 07/24/2002,48.170000,48.460000,39.830000,39.860000 07/25/2002,40.650000,42.050000,38.890000,39.270000 07/26/2002,38.610000,38.800000,35.510000,35.510000 07/29/2002,33.890000,33.890000,31.190000,31.330000 07/30/2002,32.040000,32.770000,30.600000,31.920000 07/31/2002,32.780000,33.680000,32.030000,32.030000
+
+Again, showing steady and then increasing in implied volatility.  Well that July, The Dow Jones fell from it's March high of 10632.40 to 7702.30.
+
+2008 Recession
+
+Yet again, the VIX for almost the whole year went back and forth in the 18-22 range and then...
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/05/2008,24.540000,24.710000,22.970000,23.060000 09/08/2008,22.220000,24.060000,22.120000,22.640000 09/09/2008,22.690000,25.680000,22.580000,25.470000 09/10/2008,25.470000,25.480000,23.800000,24.520000 09/11/2008,25.380000,26.250000,24.390000,24.390000 09/12/2008,24.800000,26.670000,24.800000,25.660000 09/15/2008,25.660000,31.870000,25.660000,31.700000 09/16/2008,31.700000,33.700000,30.240000,31.540000 09/17/2008,30.250000,36.400000,30.250000,36.220000 09/18/2008,36.100000,42.160000,33.100000,33.100000
+
+UH OH.  Looks ominous.  \*insert Billy Mays' voice\* BUT WAIT, THERE'S MORE!!
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+09/26/2008,34.760000,36.400000,34.440000,34.740000 09/29/2008,36.920000,48.400000,36.920000,46.720000 09/30/2008,43.770000,43.800000,38.860000,39.390000 10/01/2008,39.390000,42.380000,39.390000,39.810000 10/02/2008,39.820000,46.480000,39.820000,45.260000 10/03/2008,45.220000,45.520000,41.510000,45.140000 10/06/2008,45.120000,58.240000,45.120000,52.050000 10/07/2008,52.050000,54.190000,47.030000,53.680000 10/08/2008,53.680000,59.060000,51.900000,57.530000 10/09/2008,57.570000,64.920000,52.540000,63.920000 10/10/2008,65.850000,76.940000,65.630000,69.950000 10/13/2008,69.950000,71.420000,54.690000,54.990000 10/14/2008,55.100000,59.810000,46.350000,55.130000 10/15/2008,55.690000,69.470000,55.690000,69.250000 10/16/2008,69.210000,81.170000,66.510000,67.610000
+
+Yeah, we all know what happened there.  Look at 9-29-2008.  The Dow Jones fell 777.68 in one day.
+
+Let's just look at one more shall we?  Something more recent.
+
+2020 Stock Market Crash
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/21/2020,17.330000,18.210000,16.190000,17.080000 02/24/2020,22.250000,26.350000,22.000000,25.030000 02/25/2020,22.190000,30.250000,22.190000,27.850000 02/26/2020,26.630000,29.570000,24.760000,27.560000 02/27/2020,28.950000,39.310000,27.790000,39.160000 02/28/2020,42.020000,49.480000,39.370000,40.110000 03/02/2020,34.860000,43.770000,31.500000,33.420000 03/03/2020,33.640000,41.060000,24.930000,36.820000 03/04/2020,34.440000,35.580000,30.300000,31.990000 03/05/2020,33.610000,42.840000,33.540000,39.620000 03/06/2020,41.460000,54.390000,40.840000,41.940000 03/09/2020,41.940000,62.120000,41.940000,54.460000 03/10/2020,49.680000,55.660000,43.560000,47.300000 03/11/2020,52.240000,55.820000,49.980000,53.900000 03/12/2020,61.460000,76.830000,59.910000,75.470000 03/13/2020,71.310000,77.570000,55.170000,57.830000 03/16/2020,57.830000,83.560000,57.830000,82.690000 03/17/2020,82.690000,84.830000,70.370000,75.910000 03/18/2020,69.370000,85.470000,69.370000,76.450000
+
+Guess what happened on 2-28-2020?  The Dow Jones and S&P 500 each lost 4.4%.
+
+Okay you got the picture now.  VIX is almost scarily accurate with predicting implied volatility.  Which led me to investigate, what is it doing with this entire GME situation.
+
+Lets take a look
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+01/21/2021,21.340000,22.220000,21.090000,21.320000 01/22/2021,22.240000,23.730000,21.270000,21.910000 01/25/2021,22.310000,26.630000,22.200000,23.190000 01/26/2021,23.910000,23.940000,22.550000,23.020000 01/27/2021,23.820000,37.210000,23.710000,37.210000 01/28/2021,33.250000,36.290000,27.390000,30.210000 01/29/2021,35.160000,37.510000,29.240000,33.090000 02/01/2021,31.450000,33.960000,29.030000,30.240000
+
+Do you know the date of the first tiny short squeeze?  That's right.  It started rising on 1-26 and was reaching its peak before being shut down and plummeting after 1-29.
+
+The same thing for our rise to 270
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+02/19/2021,23.10, 23.190, 20.84, 22.05 
+
+02/22/2021,24.460, 25.090, 21.96,2 3.45 
+
+02/23/2021,22.820, 27.01, 22.50, 23.11 
+
+02/24/2021,23.760, 25.04, 21.310, 21.340 
+
+02/25/2021,21.730, 31.16, 21.52, 28.89 
+
+02/26/2021,28.73, 30.820, 25.230, 27.95 
+
+03/01/2021,25.200, 25.39, 23.17, 23.35 
+
+03/02/2021,23.58, 24.60, 22.80, 24.1 
+
+03/03/2021,22.80, 26.790, 22.45, 26.67 
+
+03/04/2021,26.520, 31.90, 24.90, 28.57 
+
+03/05/2021,29.40, 30.03, 24.33, 24.66 
+
+03/08/2021,27.61, 28.39, 24.07, 25.47 
+
+03/09/2021,25.11, 25.250, 22.90, 24.03
+
+We had that big quick jump on 2-25 to 170.45, then on 3-4 was the start of our rise upward.
+
+So now we've proven that it correlates to GME rapid price movements, probably because of GME's negative beta affecting the broader market and the S&P 500.
+
+Which leads me to why my tits are jacked.
+
+5-4, there was, at it's peak for the day, a 19.06% increase in VIX for a high of 21.80.  With a lot of this sideways trading, the implied volatility has dropped considerably.  Here's the data.
+
+DATE,OPEN,HIGH,LOW,CLOSE
+
+4/09/2021,17.05, 17.34, 16.20, 16.690 
+
+4/12/2021,17.43, 17.910, 16.81, 16.910 
+
+4/13/2021,16.990, 17.86, 16.43, 16.650 
+
+4/14/2021,16.71, 17.690, 15.38, 16.9
+
+4/15/2021,16.780, 16.920, 15.940, 16.570
+
+4/16/2021,16.650, 16.88, 16.050, 16.25
+
+4/19/2021,17.040, 18.610, 16.78, 17.29
+
+4/20/2021,17.360, 19.70, 17.24, 18.68
+
+4/21/2021,18.48, 19.29, 16.91, 17.50
+
+4/22/2021,17.280, 19.90, 16.990, 18.710
+
+4/23/2021,18.560, 18.780, 16.80, 17.330
+
+4/26/2021,17.94, 18.17, 16.87, 17.64 
+
+4/27/2021,17.62, 18.160, 16.97, 17.56 
+
+4/28/2021,17.47, 17.84, 16.77, 17.6
+
+4/30/2021,17.67, 19.25, 17.64, 18.61 
+
+5/03/2021,18.65, 19.12, 17.8, 18.31
+
+You see how low VIX has been even and it's peaks?  Now there's a pretty sizable jump in implied volatility.  I'm keeping an eye on VIX from here on out that's for sure.  (It's able to be seen on Yahoo Finance and you can follow it right along with GME.  Not sure how else but that's the easiest way I've found)
+
+Now time for my opinion on what we could possibly see.  This is purely speculation and just my thoughts.
+
+After looking at all the historical data, my thoughts are that anything over 30 for VIX is significant.  But really it's not about those big jumps, because those are just days that there is massive movement.  It's really about those days leading up and seeing a steady climb in VIX that's telling.  I personally think that whatever is about to happen is going to bring a massive market crash, larger than at least the one last year.  I feel that if we see VIX rise past the 24-26 mark for a high on the day, and stay around there for maybe 2 or more days (May not even be needed.  It could be a major quick jump, like a rocket launch?), then it's about to go down.  THAT is why my tits are jacked.
+
+TL;DR: Please just try to read the most you can because it's pretty awesome to see.  The VIX shows the implied volatility for the markets based off the S&P 500 and can accurately predict major movements that will happen in the market.  VIX has a direct correlation with GME rapid movement.  Today there was a massive jump in VIX.  I predict more to come.  Just buy, hodl, vote.  
+
+Ground Control to Major Tom....
+
+🚀🚀🚀🚀🚀
+
+[VIX Historical Data](https://www.cboe.com/tradable_products/vix/vix_historical_data/)
+
+[VIX Volatility Chart](https://www.macrotrends.net/2603/vix-volatility-index-historical-chart)
+
+[Info About What VIX IS](https://www.investopedia.com/terms/v/vix.asp)
+#Edit 5:
+
+I've decided to remove the text in this post for now because the last thing I want to do is mislead anyone. I've made other edits stating not to get too excited.
+
+So far, nobody's been able to find anything to verify that there were ever any options for September 17. Even the waybackmachine shows there wasn't.
+
+So, for now at least, I recommend everyone take it for a grain of salt and consider it to be nothing.. Just to err on the side of caution and not get anyone's hopes up. (Too late 😞)
+
+I'm still not sure what the heck is going on with that. I'm looking into it, but my best guess is I may have been mistaken and have been looking at AMC's option chains. If so.. Good God I'm retarded.
+
+No idea why Fidelity shows that date for September 17 then.. Others have suggested it may be opening up to options soon. I just don't know.
+
+Well, I slept, I watched GME for hours on end, and did a bit of research. Found nothing. 💩 I'll keep trying to make some sense of this while I eat. If I find out anything definitive, I'll update this post again.
+
+And thanks everyone for all the support and coming together to help figure this out. I'm very sorry if this turns out to be nothing but my own insanity. (But seriously though.. Why the HELL does Fidelity have that date?!)
+**sorry for the re-post,  spelled solana wrong in the title and people couldn't get past that.**
+
+So there was so much hype around EOS how it did a bazillion TPS and was gonna overthrow ETH and all that.  Now its a ghost chain and the company that started it has like 200k in BTC and prolly that much in ETH.  Solana is hyped so much, but really the reason why it can do so many TPS and what not is because it takes a fucking supercomputer to run a node, and the project is centralized.    Please read this blog about what it takes to run a solona node:  [https://blog.lopp.net/2021-altcoin-node-sync-tests/](https://blog.lopp.net/2021-altcoin-node-sync-tests/) Some takeaways from the post:
+
+>it takes a computer with AT LEAST 128gb of RAM to run a node (they recommend 256gb of RAM,  not disk space,  RAM)  
+>  
+>you have to get data from trusted validators, and All four --trusted-validators are operated by Solana (like you can't do what you need to do to verify, you have to trust)  
+>  
+>Solana is most likely running those trusted validators on google cloud
+
+Do your own research on this new coin.  **For me, if the average person can't run a node,  its not decentralized.**
+
+EDIT:  I shopped around and if you want to get a computer to run a solana node, you will need to invest 5k to 10k USD.  Here are the specs: Hardware Recommendations#
+
+    CPU
+        12 cores / 24 threads, or more
+        2.8GHz, or faster
+        AVX2 instruction support (to use official release binaries, self-compile otherwise)
+        Support for AVX512f and/or SHA-NI instructions is helpful
+        The AMD Threadripper Zen3 series is popular with the validator community
+    RAM
+        128GB, or more
+        Motherboard with 256GB capacity suggested
+    Disk
+        PCIe Gen3 x4 NVME SSD, or better
+        Accounts: 500GB, or larger. High TBW (Total Bytes Written)
+        Ledger: 1TB or larger. High TBW suggested
+        OS: (Optional) 500GB, or larger. SATA OK
+        The OS may be installed on the ledger disk, though testing has shown better performance with the ledger on its own disk
+        Accounts and ledger can be stored on the same disk, however due to high IOPS, this is not recommended
+        The Samsung 970 and 980 Pro series SSDs are popular with the validator community
+    GPUs
+        Not strictly necessary at this time
+        Motherboard and power supply speced to add one or more high-end GPUs in the future suggested
+
+A good article on EOS not even being a blockchain:  [https://www.blockchain-council.org/blockchain/is-eos-a-scam-and-not-a-blockchain/](https://www.blockchain-council.org/blockchain/is-eos-a-scam-and-not-a-blockchain/)
+
+# EDIT 2: when compared to a rasberry Pi, solana nodes are super computers,  sorry for the hyperbole
+It seems that many people here feel like they are "playing catchup" in regards to life/finances. I understand, I feel this too, especially after seeing 20 year old's with impressive savings/investment portfolio's post on this channel.
+
+[This video from Struthless](https://www.youtube.com/watch?v=Afk0h0dPBhE) about comparing yourself is worth a watch, he's an Aussie bogan creator who makes animations about creativity.
+
+To make you feel better, here are my financial/personal failings that I experienced in my 20's. I'm now 31 and I'm a Tassie bogan who now lives/works in Sydney:
+
+* I fell into Chronic depression during uni, I should have applied to get HECS fee's reimbursed. This cost me an extra 10K and I'm still paying off this debt
+* Failed engineering at uni, fell back on computer science to get a piece of paper quicker 
+* I built up 35K in credit card debt in my 20's, I've now started my own business and could have this paid off by September
+* constant job changes, 12 jobs over 10 years. But I've seen some decent career growth out of this
+* a broken ankle made it hard to work consistently and took a year to recover from
+* obesity \- one reason why my credit card debt got so high was paying for weight loss surgery
+* moving 18 times (that’s on average once every 6 months)
+* 4 breakups
+
+I'm not comparing myself to the financially savvy 20 year old's who are good with savings/investing. Our lives have taken vastly different paths. So don't let the internet rush you, we are all taking our own journeys through life.
+
+I'm now working towards financial freedom and it's going to feel all the sweeter when I do get there because of the struggles. I wouldn't change much from my 20's.
+
+(Note: I'm reposting without blog links, I hope this is ok. Please remove if it isn't)
+I'm a Walmart employee and i justed to a little advice or something to people ( before I continue, this doesn't work all the time but sometimes) 
+
+1. Don't fall for those 3 for $7 deals they are a huge scam and you are not really getting a deal in the end.
+
+2. if there is meat or dairy that is about to expire withing 1 to 2 days then ask an associate or cashier if they can reduce it for you. In the past I've  always reduced meats and chicken since they will expire in 2 days ( unless the item have the bright yellow sticker on it)
+
+3.if there is an item that is placed near a barcode that is says its on sale and or cheaper than it is, always take a clear  photo of the item and the barcode together, cashiers and manager then must change the price of the item to the price shown 
+
+4. If an item is being marked for cheaper ALWAYS CHECK THE SIGN IF IT SAYS FROM OR STARTING that means it starts at a certain price but can get more expensive and we cannot change it for you
+ 
+Sorry for any mistakes english is my second language and do please be careful I ve seen people leave everything behind since they couldn't afford it.
+Lockheed Martin (LMT) has been slowly trending down for about a month now and is showing no sign of stopping. The stock before the March crash was over $440.00 a share and crashed to around $290.00 a share. It since than started to recover but than started to trade sideways and has been bouncing and touching the $390.00 mark but now its been pulling back again and today it closed at $357.98 a share. It has been trending down and couldnt find any significant negative news as to why other than the CFO leaving. It currently has a dividend yield of 2.89% and its very undervalued in terms of the overall market. It has a P/E of 14.03 and a forward P/E of 12.84. Overall this seems to be a very hidden gem in the market right now because I don’t hear anyone talking about this stock but I have been buying the dip on it every time it goes down and I will continue to do so if it keeps staying in this bearish trend. Overall I love the company and love what they are involved in. I especially love their increasing revenue and contracts for their Space field and their research into hypersonic technology and AI. Anybody else been watching this stock and buying aggressively like me? How low do you think it will go? Overall I love seeing strong buys like this in an overvalued market.
+
+
+Edit: I see these comments all over my post and this is the response to all of them. This post wasnt meant to be a debate on morality and ethics but was to talk about a stock being undervalued. This is the same response I gave to someone in the comments and I am posting it here for the rest of you. So here is my response to those the righteous moral people in the comments. Defense is necessary, every country has to have it and puts money into the military whether you like it or not. Also where do you draw the moral line at? Do you not invest in MSFT because they build and do equipment and technology specifically for the military which is used to kill people? They just got a contract with the Army not to long ago. Do you not invest in AAPL because they use cheap labor overseas to build their products? Do you not buy bank stocks like BAC, JPM, etc because they do a lot of shady practices and screw people over by the day? Do you not buy WMT, TGT, or COST because they are big businesses that push out smaller businesses and ruin the competitive atmosphere? Do you not buy health stocks like JNJ, PFE, or MRNA because the whole healthcare sector is run by money and its a business that determines whether people live or die based on their financials and health insurance and the drugs are made and tested by inhumane experimentation? I got news for you but no company is clean or cleaner than one. All are involved in dirty practices. When you invest in big corporations you are not exactly Mr. Moral Man regardless who you invest in. Just something to think about when investing in the stock market.
+I have tried Google but it only brings up things about high vs low yield.  What are the benefits to buying high priced stocks for dividends as opposed to buy a lot of lower priced stocks?  I’m newer to dividend investing and I would like to know why people still buy high priced stocks for their dividend portfolio. Any info will help, thanks!
+CEO's have an obligation and responsibility to be truthful in their reporting.
+
+If I'm not mistaken, in the most recent annual report, CEO John Stankey said the AT&T dividend is safe.
+
+It was reported that the spinoff of Warner has been in "secret" negotiations for months.  So secret, that the CEO of Warner Media, Jason Kilar, was not informed and had no idea about it.
+
+Many stockholders are retired and rely on the consistent dividends that AT&T provided, as a dividend aristocrat.  The stock showed very little capital appreciation, and the dividend growth barely kept up with inflation.
+
+Stankey is saying they're planning to cut the dividend by 40%.  Obviously, the market isn't liking that, based on the huge sell off.
+
+Did Stankey break the law by lying to the shareholders when he stated that the dividend was safe?
+
+EDIT:
+
+Sarbanes-Oxley Act Section 302
+
+This section is of course listed under Title III of the act, and pertains to 'Corporate Responsibility for Financial Reports'.
+
+Summary of Section 302
+
+Periodic statutory financial reports are to include certifications that:
+
+• The signing officers have reviewed the report
+
+**• The report does not contain any material untrue statements or material omission or be considered misleading**
+
+• The financial statements and related information fairly present the financial condition and the results in all material respects
+Looking for some feedback.
+
+ Building out to 1M eventually but always try to keep the sector allocations as close as I can to VOO allocations.    But I do take advantage of some discounts when I can get them which throws off the allocations a bit.  Such as INTC for example.  But if the portfolio will be growing over time, doesn't matter, I can fix that as time goes on.  
+
+ I included a snapshot from the Google Sheets for review of all my positions in the dividend portfolio.
+
+​
+
+https://preview.redd.it/uf51brw0bvf51.png?width=899&format=png&auto=webp&s=0bbb9a74f1ef33c73677a82a6296f943d4bfd38e
+
+Thanks for your feedback.
+Greetings,
+
+So here's a brief explanation of my situation. I'm a freshman in university that lives in Luxembourg with his parents and siblings. We immigrated to Luxembourg from Spain after the 2008 crisis, and we live in a house that my parents bought four years ago for around 700k. My parents had to borrow tons of money at quite an old age because of this and they are since living paycheck to paycheck, drowning in debt.
+
+Anyways, COVID hits, there's hyperinflation and my parents have decided to sell the house because the financial situation is bad, to say the least. However, it turns out that it has increased quite a lot in value and we are most likely going to sell for around 1.2M. After paying out the mortgage and everything else, they will probably end up with 350-400k-ish €.
+
+The "catch" is that, after selling the house, they will have a heavily-loaded bank account for once, but no roof. My dad and I have thought of some things, but we are not sure to what degree they could be successful and, because there are of course many risks involved, I've decided to seek some enlightenment from probably financially smarter people than us here on r/eupersonalfinance. Now, buying another house for cheaper here in Luxembourg is out of the question, because they will go back to the same situation, so here are some of the things we have thought about:
+
+Leaving the money to an investment firm to get a high enough rate so that we could rent a place (would be for around 2500-3500€ a month since we are five at home and the market is expensive at the moment) and hoping the returns we get will cover it
+
+Investing the money ourselves into a broad portfolio of leveraged ETFs, dividend stocks, and crypto. There's a higher risk but we could aim for higher returns, and again, renting a place with the same hopes already mentioned
+
+Immigrate to another country where the housing market is cheaper, buy a house there, and invest the rest, which will allow my parents to work and live without too much preoccupation (I'm not very convinced about this one but I put it on the list anyway)
+
+In addition to those ideas, there is something I haven't talked about with my dad yet. I recently watched famous finance Youtuber Andrei Jikh's video titled "How To Invest Like The 1%" and I found very interesting what he talked about, more specifically this chart https://u.cubeupload.com/demonlesondledon/FIREFlowChart.png . However, it only applies to US residents... Is there any way we can implement those steps here in Europe? And, how could my dad do what Andrei talks about in that video?
+
+In conclusion, the main idea is to invest this money in some way to have it grow for my parents' retirement and to cover living expenses (which I find very difficult to do successfully) until my siblings grow old enough too. In case I wasn't clear, my parents are not retiring yet, there will be cash flowing in for some years, but that 350-400k € is basically all we will have.
+
+What is your advice? Any recommendations on how to proceed?
+
+Cheers from Luxembourg!
+
+Edit: The reason the house is being sold is to get rid of the debt. It is the only reason. Also, my siblings are still in school and the education they are provided here in Luxembourg is much better compared to other European countries, so we want to avoid moving abroad in the near future. At least until my siblings finish high school.
+I've been looking around and met many crypto traders that can make money, however I have only met 2 or 3 people that can make money trading more traditional assets.
+
+All this difference is because volatility only or there is something more structural on crypto market that make it better for trading?  
+
+
+Also would love a perspective from someone that trades crypto about why he choose this asset
+[The new iPhone app is here.](https://apps.apple.com/au/app/selfwealth-trade-shares/id1550865298) It's an entirely new app, so you will need to download it fresh. Both apps will work, we will phase out the old app when our members have been given enough time.
+
+Android users (I am one) will need to wait a bit longer, sorry.
+
+We're only announcing it here (rather than emailing every member) as we want a slow uptake in the first week. Email any feedback or bugs to [info@selfwealth.com.au](mailto:info@selfwealth.com.au). If you need account help, you will need to talk our support team via live chat during trading hours, emailing support help at [info@selfwealth.com.au](mailto:info@selfwealth.com.au) won't be answered, unfortunately.
+
+# What's new?
+
+* Improved interface
+* Trade US stocks
+* Transfer between your AUD and USD cash accounts
+* Better graphs and stock pages
+* See your daily portfolio performance without logging in
+
+# What's still coming?
+
+* More account settings/control
+* A quasi stock screener
+* Download stock reports
+* Company announcements and news