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+***
+
+
+- 🟥 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!
+This podcast deals with the insider trading case involving the ABS employee and NAB forex trader.
+
+I highly recommend it. It’s a really interesting insight into financial markets, how the crime was detected and into the relationship between two young friends.
+
+Is anyone else tuning in?
+[Long-lost da Vinci painting fetches $450 million, a world record](https://www.washingtonpost.com/news/morning-mix/wp/2017/11/15/unimaginable-discovery-long-lost-da-vinci-painting-to-fetch-at-least-100-million-at-auction/?hpid=hp_hp-more-top-stories_davinci-830pm%3Ahomepage%2Fstory&utm_term=.4598498ff327)
+# Milken Again... Called it.
+
+​
+
+https://preview.redd.it/qvnhyjuco1p91.png?width=1136&format=png&auto=webp&s=f2c9cf5f7056ea2cf8dbddb6e2624c60e813ce55
+
+\--------------------------------------------------------------------------------------------
+
+**DISCLAIMER:** *I am not a financial advisor, and I do not provide financial advice. Many thoughts here are my opinion, and others can be speculative. Where possible, I do cite sources but it is also possible that these sources are publishing incorrect information.*
+
+*Everything I am highlighting here is asking questions about publically available information and not an accusation of any wrongdoing of any parties mentioned.*
+
+**ADDITIONAL DISCLAIMER:** *While there may seem like there are implications of illegal wrongdoing in this article, I am not a legal authority and make no claims of illegal activity except those which convictions have been made. The purpose of this article is to highlight connections of publically available information and where speculation is made, is of my own personal opinion for educational purposes. If this article does highlight potentially illegal activities, it is up to the proper authorities to determine if these activities are in fact illegal using the proper means. Any judgments by readers of this article in the comments of this article are of their own, and not made by me, the author.*
+
+*Freedom of speech is a principle that supports the freedom of an individual or a community to articulate their opinions and ideas without fear of* ***retaliation, censorship, or legal sanction***\*. The right to freedom of expression has been recognized as a human right in the Universal Declaration of Human Rights and international human rights law by the United Nations. Many countries have constitutional law that protects free speech.\*
+
+**I invoke this right.**
+
+\--------------------------------------------------------------------------------------------
+
+I stumbled across an article recently, and though I’m not the first one to post this article, when I read it a lot of stuff from my own DD started to click.
+
+Other Posts Referencing this...
+
+ [https://www.reddit.com/r/Superstonk/comments/ryyr9x/what\_were\_seeing\_now\_is\_what\_happened\_to\_dendreon/](https://www.reddit.com/r/Superstonk/comments/ryyr9x/what_were_seeing_now_is_what_happened_to_dendreon/) 
+
+ [https://www.reddit.com/r/Superstonk/comments/nwz2g3/short\_sellers\_and\_jim\_cramer\_have\_blood\_on\_their/?utm\_medium=android\_app&utm\_source=share](https://www.reddit.com/r/Superstonk/comments/nwz2g3/short_sellers_and_jim_cramer_have_blood_on_their/?utm_medium=android_app&utm_source=share) 
+
+So I started to Dig.
+
+The article is titled **Michael Milken, 60,000 Deaths, and the Story of Dendreon**, and if you haven’t read it yet I would strongly recommend doing so.
+
+It’s essentially a 15 part DD written back in 2009 by Mark Mitchell who worked with Patrick Byrne the CEO of Overstocks online publication titled Deep Capture.
+
+The Full DD Source: [http://www.marketrap.com/article/view\_article/9199/Michael-Milken-60000-Deaths-and-the-Story-of-Dendreon-Chapter-1](http://www.marketrap.com/article/view_article/9199/Michael-Milken-60000-Deaths-and-the-Story-of-Dendreon-Chapter-1)
+
+CEO of Overstock working with Deep Capture and Mark Mitchell
+
+[https://archive.sltrib.com/article.php?id=3880732&itype=CMSID](https://archive.sltrib.com/article.php?id=3880732&itype=CMSID)
+
+Even Overstock releasing a Press Release about this article
+
+[https://investors.overstock.com/news-releases/news-release-details/overstockcom-comments-deepcapturecom-serialized-article-michael](https://investors.overstock.com/news-releases/news-release-details/overstockcom-comments-deepcapturecom-serialized-article-michael)
+
+And the Full 15 Part DD sitting in the SEC archives as a comment letter
+
+[https://www.sec.gov/comments/s7-08-09/s70809-4614.pdf](https://www.sec.gov/comments/s7-08-09/s70809-4614.pdf)
+
+# >> THIS ARTICLE IS INSANE <<
+
+It highlights SO much shit that we are going to go through, and some pieces that I’ve uncovered since looking into this… but the main thing here - **ITS THE EXACT SAME THING WE ARE GOING THROUGH WITH GAMESTOP!!!**
+
+To sneak preview, here’s a couple of highlights - TELL ME IF THIS SOUNDS FAMILIAR??
+
+https://preview.redd.it/nbvwffbfk1p91.png?width=1046&format=png&auto=webp&s=af5ac1a394461a8fd1231dd7e7b4a0aea973dc25
+
+​
+
+https://preview.redd.it/n7m57sejk1p91.png?width=1380&format=png&auto=webp&s=55c635ae018f92ef909ff79305f7affb210fd116
+
+​
+
+https://preview.redd.it/2zkij5olk1p91.png?width=1373&format=png&auto=webp&s=81e15a72a7a5828e50e217f6e651588e78bdfee4
+
+​
+
+https://preview.redd.it/ere9civnk1p91.png?width=1386&format=png&auto=webp&s=1ce8d60b0317339ebe29d08d98a421542998aaf9
+
+​
+
+https://preview.redd.it/zs72q3zuk1p91.png?width=1187&format=png&auto=webp&s=734d60e243b11ddf423254ae6cc982c415c60c2b
+
+So believe me when I say this… there is a LOT to learn from reading the original DD, and there is a LOT similar to the situation we are dealing with today.
+
+I have long suspected that Apollo Global works with Market Makers and Hedge Funds to Cellar Box companies from the inside out. It is not just Hedge fund’s Naked Shorting that does this.
+
+See the Private Equity Hostile Takeover Playbook and review past BBC DD for further details on this.
+
+https://preview.redd.it/0ghszoo1l1p91.jpg?width=960&format=pjpg&auto=webp&s=09949c86737eab7f2b935fc6ce61b3a29a0293cb
+
+But remember…
+
+This article came out in 2009. Long before Gamestop was a target, yet… all the same players and all the same strategies seem to be here.
+
+So lets take a look at how things played out for Dendreon shall we? How did the Private Equity Hostile Takeover Playbook work out for them back then?
+
+How did a company fair that didn’t have 100s of 1000s of Apes behind them?
+
+How did they EXPECT Gamestop to play out?
+
+Here’s a quick chart of Dendreon Price vs FTDs…
+
+​
+
+https://preview.redd.it/yvrvxmz6l1p91.png?width=917&format=png&auto=webp&s=88edb99ea5b3e48b4e076cb5f443241250d91d1b
+
+And here’s the Stock chart prior being turned into a Penny Stock with the above timeframe marked
+
+​
+
+https://preview.redd.it/rs0rttoal1p91.png?width=1196&format=png&auto=webp&s=d129e000a665b1748fc280367bbd8e51708af9e8
+
+# So the formula is the same.
+
+​
+
+* Load up a target company with Debt that your buddies own.
+* Naked short the shit out of the stock through your hedgefund buddies.
+* Get your buddies in the Media to run a negative campaign against the company… cough cough Cramer…
+* Company is pushed into Bankruptcy
+
+The same formula Milken used with his Junk Bonds
+
+The same formula Apollo Global, formed by Milken’s righthand man (Leon Black) and associates, used against Gamestop and Popcorn.
+
+Interesting right?
+
+Now the Original Article by Mark Mitchell does a great job at tying Milken to everyone involved, even the Mafia apparently. So again, I’ll say to read that article in full to get the full background.
+
+So I won’t go into all of it, but I will go into some.
+
+MOST IMPORTANTLY - To start with…
+
+Wouldn’t it make sense to see if Milken is tied to the Private Equity Hostile Takeover Playbook structure for Dendreon right?
+
+I mean, if Milken was tied financially to lets say… the company that owned the Debt at Dendreon… that would be pretty damning evidence right?
+
+Being financially tied to the same strategy that you went to prison for, while being associated to all the people involved in it happening to another company… might be pretty revealing right?
+
+Lets take a look shall we?
+
+Well after a little digging, I found this article announcing Dendreon Entering Bankruptcy and a company called Deerfield Management being Dendreon’s largest Creditor
+
+[https://xconomy.com/seattle/2014/11/10/as-huge-bills-loom-immunotherapy-pioneer-dendreon-enters-bankruptcy/](https://xconomy.com/seattle/2014/11/10/as-huge-bills-loom-immunotherapy-pioneer-dendreon-enters-bankruptcy/)
+
+​
+
+https://preview.redd.it/9pp5b7ohl1p91.png?width=1086&format=png&auto=webp&s=eccbce6bdf1d1e2d612048f3ac5708e4601c081c
+
+So a quick look into Deerfield Management and we come across this article called **Success Past, Partners Seek Next Big Deal In New Venue**
+
+[https://www.nytimes.com/2004/07/31/business/successes-past-partners-seek-next-big-deal-in-new-venue.html](https://www.nytimes.com/2004/07/31/business/successes-past-partners-seek-next-big-deal-in-new-venue.html)
+
+Which details the rise to success of 2 men named Nelson Peltz and Peter W.May… who started Deerpark & Company.
+
+2 Men who just happen to be were associates of Milken and got their start using Milken’s Junk Bonds…
+
+https://preview.redd.it/f4vpesgkl1p91.png?width=957&format=png&auto=webp&s=9bb5df6a89584c8a3840d145e3d7f41d481d683b
+
+So it’s interesting that they were the debt owners for Dendreon right?
+
+But MAYBE Milken could DENY having ANY financial gains from Deerfield right?
+
+That he was MERELY associates with Petz and May and was no way involved in Dendreon…
+
+Well… here’s financial PROOF he benefited financially…
+
+## Deerfield Triarc Capital Corp Prospectus Dated 2005 - Source SEC
+
+[https://www.sec.gov/Archives/edgar/data/1313918/000095011705004675/a40504.htm](https://www.sec.gov/Archives/edgar/data/1313918/000095011705004675/a40504.htm)
+
+Which Names Milken R. Milken (Nice of them to confirm middle name) financially benefited from this.
+
+​
+
+https://preview.redd.it/sfosn9gol1p91.png?width=1166&format=png&auto=webp&s=475f00d0854b578d0b6e07bd5a2c375ff8cc85dc
+
+**(Ctrl F “Milken” to verify this as it’s a big document - Page 135, Item 65)**
+
+And this document lists the connections between all these companies. Essentially this is a partnership between the company Milken benefits from and the company that owns the debt.
+
+​
+
+https://preview.redd.it/1o7gycqsl1p91.png?width=1184&format=png&auto=webp&s=88d113ec86814b8540583edbc1c208be0be6f551
+
+So Milken - Godfather of Hostile takeovers through leveraged debt, adds Naked Shorting to the Playbook.
+
+Say they wanted to do this again to our Beloved Gamestop.
+
+You’d Need a Private Equity Company
+
+Well that’s easy… Apollo was founded by Milken’s right-hand man…
+
+​
+
+https://preview.redd.it/81enj59wl1p91.png?width=556&format=png&auto=webp&s=eb1fc397f182887dc82ddb4646616968d4ff2eb6
+
+Was Apollo involved in Gamestop?
+
+​
+
+https://preview.redd.it/dx7t7a3zl1p91.png?width=944&format=png&auto=webp&s=d7e0357808fd05ee1c1daf366c73791f3934da18
+
+CNBC Source: [https://www.cnbc.com/2019/01/04/gamestop-shares-surge-12percent-on-report-it-could-announce-a-buyer-soon.html](https://www.cnbc.com/2019/01/04/gamestop-shares-surge-12percent-on-report-it-could-announce-a-buyer-soon.html)
+
+Was Apollo involved with Popcorn?
+
+https://i.redd.it/jwl8rji2n1p91.gif
+
+​
+
+[ \(Proud that if you Google “Adam Aron Apollo” this is the second picture linking to BBC\) ](https://preview.redd.it/akb0b677n1p91.png?width=904&format=png&auto=webp&s=e3cee5f77cae126fccca4d512ed020bbc9404c6a)
+
+Ya you could say so…
+
+(If you doubt AA’s involvement, you need to read my Apollo DD)
+
+Ok but back to Milken…
+
+He has a Private Equity Company onboard… they’ve executed this plan plenty of times (Apollo are notorious for hostile takeovers)
+
+He has his inside man in Popcorn…
+
+Now he needs Hedge Funds and a Market Maker right?
+
+​
+
+https://preview.redd.it/uttvzpobn1p91.png?width=1188&format=png&auto=webp&s=cfb6b8dffe1b82bcb3ac6306f25dc74d683e54d3
+
+​
+
+[ Citadel - The Official Sponsor of the Milken Institute. ](https://preview.redd.it/jeq5vytdn1p91.png?width=1191&format=png&auto=webp&s=5db3c180c7ef07c66b0f7cbabe75ba490528552b)
+
+# All the Pieces are there...
+
+Should I change the name of the Private Equity Hostile Takeover Playbook…
+
+To the Milken Method?
+
+It all falls into the Milken Method.
+
+More to come on this…
+
+\---------------------------------------------------------------------------------------------------------------------------------------
+
+# FUCKING PUPPY BREAKKKK!!!!!
+
+Awww...  it's TYLEEE!!!!
+
+​
+
+[Ryan Cohen's Best Friend](https://preview.redd.it/888xegaqo1p91.png?width=772&format=png&auto=webp&s=27abfd736d8fe077b0cb1fec2e54bb9ef60509ee)
+
+\----------------------------------------------------------------------------------------------------------------------------------------
+
+RETWEET THIS SHIT!! [https://twitter.com/BadassTrader69/status/1572270799310000132](https://twitter.com/BadassTrader69/status/1572270799310000132)
+
+\----------------------------------------------------------------------------------------------------------------------------------------
+
+BBC NAVIGATION
+
+[BBC Part 1](https://www.reddit.com/r/Superstonk/comments/nzkzi5/is_this_the_final_boss_john_petry_and_ken_griffin/) **IS THIS THE FINAL BOSS?**
+
+[BBC Part 2](https://www.reddit.com/r/Superstonk/comments/nzrtsq/billionaires_boys_club_part_2_the_inner_circle/) **The Inner Circle**
+
+[BBC Part 3](https://www.reddit.com/r/Superstonk/comments/nzxjra/billionaires_boys_club_part_3_the_big_boys_i_just/) **THE BIG BOYS**
+
+[BBC Part 4](https://www.reddit.com/r/Superstonk/comments/o0isaz/billionaire_boys_club_bbc_part_4_recess_is_over/) **Recess is over... You didn't think BILL GATES was involved did you?**
+
+[BBC Part 5](https://www.reddit.com/r/Superstonk/comments/o16cbm/billionaires_boys_club_part_5_the_foundational/) **The Foundational Strategy**
+
+[BBC Part 6](https://www.reddit.com/r/Superstonk/comments/oa8ynd/billionaire_boys_club_bbc_part_6_smile_for_the/) **SMILE FOR THE CAMERA KENNY...**
+
+[BBC Part 7](https://www.reddit.com/r/Superstonk/comments/oox1sn/the_billionaire_boys_club_bbc_episode_7_what_daf/) **What DAF fuck is this???**
+
+[BBC Part 8](https://www.reddit.com/r/Superstonk/comments/ope0w3/billionaire_boys_club_bbc_episode_7_the_chips_are/) **The chips are stacked against us... ALWAYS HAVE BEEN.**
+
+[BBC Part 9](https://www.reddit.com/r/Superstonk/comments/opp09p/billionaire_boys_club_bbc_episode_errr_9_steve/) **Steve Cohen... So HOT right now...**
+
+[BBC Part 10](https://www.reddit.com/r/Superstonk/comments/p1ofgr/billionaire_boys_club_bbc_episode_10_allinclusive/) **All-Inclusive Vacation of a Lifetime... to the CAYMANS! -- PART 1**
+
+[BBC Part 10.2](https://www.reddit.com/r/Superstonk/comments/p3a79x/billionaire_boys_club_bbc_ep_102_cayman_island/) **Cayman Island Getaway - How to hide money from the FBI + Brazilgate!**
+
+[BBC Part 11](https://www.reddit.com/r/Superstonk/comments/p7nl7y/billionaire_boys_clib_episode_11_bbc_billionaire/) **BILLIONAIRE BANK LOANS - Buy Borrow Die**
+
+[BBC Part 12](https://www.reddit.com/r/Superstonk/comments/pcp37f/billionaire_boys_club_part_12_bbc_please_prove_me/) **Kenny's WARCHEST - SPECIALIZED PURPOSE ENTITY (SPE) + Leverage**
+
+[BBC Part 13.1](https://www.reddit.com/r/Superstonk/comments/pv9yon/billionaire_boys_club_bbc_episode_13_part_1_do/) **Do you Swear to tell the truth, the whole truth and nothing but the truth?**
+
+[BBC Part 13.2](https://www.reddit.com/r/Superstonk/comments/pvr3gg/billionaire_boys_club_bbc_episode_13_part_2_the/) **Steve Cohen's TRUE form revealed**
+
+[BBC Part 13.3](https://www.reddit.com/r/Superstonk/comments/px80o7/vlad_lied_too_is_this_proof_and_proof_that/) **Vlad Lied too - Proof that Citadel Knew**
+
+[BBC Part 14](https://www.reddit.com/r/Superstonk/comments/qicm2m/billionaire_boys_club_bbc_ep_14_pop_quiz_whats/) **POP QUIZ - What's Safer than a Bank?**
+
+[BBC Part 15](https://www.reddit.com/r/Superstonk/comments/rfgriy/billionaire_boys_club_bbc_ep_14_the_deregulation/) **The Regulation Agenda**
+
+[BBC Part 16.1](https://www.reddit.com/r/Superstonk/comments/s24hxt/billionaire_boys_club_bbc_ep_16_part_1_the_apollo/) **The Apollo Missions**
+ [http://wallstbulletin.com/2019/04/cannabis-giants-prepare-for-the-first-4-20-holiday-since-the-farming-bill-and-canadas-legalization/](http://wallstbulletin.com/2019/04/cannabis-giants-prepare-for-the-first-4-20-holiday-since-the-farming-bill-and-canadas-legalization/) 
+
+​
+
+Interesting take on $ACB and $APHA
+Currently a dog coin is #4 in terms of volume, and has more volume than all except 2 "legit" coins in top 100. There is more capital trading and putting their money into this meme than there is in several other altcoins that have better technology, or innovation or actual adoption and use cases. 
+
+Many prominent alts are quite low or crushed in terms of their crypto trading pair. Many Defi / dex coins are faring poorly, many are below their ATH. Obviously, a lot of interest and money has gone towards trading these dog coin scraps over other projects. As a result, alts havent really taken off. 
+
+Last time a dog coin barged its way into the top 10, the entire market crashed 20-30% in a matter of days. The parallels are just too obvious with May. Back then, the entire market was lifted by a rising tide from December to Feb, but as soon as a dog coin entered top 10, things became frothy and sure enough, we saw -10%/-15% days and volatile corrections as many big whales started seeking the exit door.
+
+ Of course, past is not indicative of future performance, but often rhymes. A shitcoin entering top 10 with massive volume can easily be seen by big money investors as a sign of a frothy and unhealthy market, and they may choose to play it safe by taking out their profits.
+ 
+
+FROM ARTICLE 
+
+[Musk offered to buy Twitter for about $43 billion on Thursday](https://www.foxbusiness.com/economy/mark-cuban-says-musk-is-f-with-the-sec-thinks-twitter-will-do-everything-possible-not-to-sell?cmpid=fb_fbn)  
+  
+
+Dallas Mavericks owner Mark Cuban chimed in on Elon Musk's attempt to purchase Twitter for $43 billion, saying that he thinks the Tesla CEO is "f------ with the SEC" and that Twitter will do everything in their power not to sell. 
+
+Musk, a popular user on the site with more than 81 million followers, announced the offer on Thursday morning to buy all outstanding shares for $54.20 each. 
+
+"I believe free speech is a societal imperative for a functioning democracy," Musk said in a Securities and Exchange Commission fling. "I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company."  
+  
+
+The offer per share, $54.20, is reminiscent of Musk's infamous 2018 tweet in which he said he had the money to take Tesla private at $420 per share, which caused Tesla's stock to jump but never materialized. 
+
+Musk frequently cracks "420" jokes, as the number is slang for marijuana. 
+
+Tesla and Musk settled with the SEC for $40 million in civil fines after he said he had the money to take Tesla private. 
+
+"His filing w/the SEC allows him to say he wants to take a company private for $54.20. Vs his ‘Am considering taking Tesla private at $420. Funding secured.’ Price go up. His shares get sold. Profit," Cuban tweeted. "SEC like WTF just happened." 
+
+ 
+
+Cuban also said he thinks "every major tech company… is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved." 
+
+"And Twitter is on the phone with their lawyers asking which can be their white knight," Cuban tweeted. "Gonna be interesting."
+
+ Musk's offer to buy Twitter came 10 days after he announced that he had been buying shares of Twitter since Jan. 31, netting him about a 9% stake in the company.  
+
+ 
+
+On Sunday evening, Twitter CEO Parag Agrawal sent a message to all employees notifying them that Musk declined to join the company's board. 
+
+ 
+
+In the weeks before he announced his 9% stake, Musk criticized Twitter for its moderation policies, saying that "failing to adhere to free speech principles fundamentally undermines democracy." 
+
+Twitter has been criticized in recent years for banning high-profile figures, such as former President Donald Trump, Republican Georgia Congresswoman Marjorie Taylor Greene, and former White House chief strategist Steve Bannon. 
+
+ 
+
+Musk said Thursday that it would "be utterly indefensible not to put this offer to a shareholder vote."
+
+"If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty," Musk tweeted. 
+We are not yet RE but essentially FI.  I think the mistake we made on the vacation spending was the trip to Tahiti three years ago, which has re-calibrated what is an appropriate vacation spend/night ratio.  The overwater hut alone was a whole lot.  So now my spouse is planning a south african safari for next winter.  It appears Tahiti will be surpassed in spending on this animal tour.  How do you budget for vacation spending?  Do you feel vacation spending "creep"?
+
+Edit: I took out the tahiti cost.  I wasnt trying to get a benchmark on vacation spending, which is clearly relative to you total spend.  My point was after you splurge once, how do you control that you dont splurge again?
+Hi r/personalfinance, I'm posting this from my throwaway account because some friends know my main one.
+
+At the age of 18 I graduated from a 3-year program to become a bilingual secretary (I'm fluent in English and Spanish) in my home country in Latin America.  I moved to the US 15 years ago and I've been a nanny ever since.  As much as I have loved working with kids, I don't want to keep doing this kind of work much longer.  I want to have a job that can give me benefits (health insurance, matching contribution to 401K, etc), which is something that most parents don't offer when they hire a nanny.
+
+Am I too old to go to school to get an Associate's Degree from a community college?  Would this be worth it in my case?  I live in Boston and currently earn $25/hr (before taxes) and I'd love to find a career/position where I can earn at least the same amount of money but in a hospital or office setting, preferably also applying my skills as a secretary.  I'm also open on going into a trade.  I need some perspective and a lot of advice.  Thank you.
+
+​
+
+EDIT:  You all are amazing!  Thank you for your advice, I have read every single one of your comments and will continue to do so in the next few days.  I understand that my question about getting the Associate's Degree being worth it was too broad.  The thing is:  I have no fucking clue as to what kind of careers are out there.  None.  Someone I know suggested I go back to school and take some classes and "go from there", hence my question on this post.  I will do the following now:  Talk to as many people as I can about their experiences working in office settings and hospitals.  Talk to recruiters, see what kind of career better suits me and then start looking into the necessary schooling and certifications needed for that kind of position.  I have hope for the future now.  Thank you.
+Shares of Herbalife Ltd., Nu Skin Enterprises Inc. and USANA Health Sciences Inc. tumbled on Monday over concerns that Chinese regulators will crack down on the companies’ marketing practices.
+
+The rout followed a statement posted on China’s State Administration for Industry & Commerce website announcing a three-month campaign to police pyramid schemes. Though the agency didn’t name the companies, Herbalife and other so-called multilevel-marketing businesses have faced allegations that they use a pyramid sales model. Herbalife settled a case with the Federal Trade Commission last year that reined in its practices in the U.S.
+
+https://www.bloomberg.com/news/articles/2017-08-14/herbalife-nu-skin-shares-plunge-over-fears-of-chinese-crackdown
+We can say that the meme contest could have been handled better without calling ImmutableX shills, FFS.
+
+Yes, it was poorly timed because of all the new DD and news happening. But this was very clearly an entity that's *ON OUR SIDE* trying to engage with and be part of our community.
+
+I do agree that it should not occur on trading days, but I was pretty happy that it was going to be over a weekend to block out weekend drama that our subs have known since early 2021.
+
+I have no problem with complaining about the way it was done, but I'm really embarrassed that people here called Immutable shills. We should be fostering goodwill with these companies.
+We can say that the meme contest could have been handled better without calling ImmutableX shills, FFS.
+
+Yes, it was poorly timed because of all the new DD and news happening. But this was very clearly an entity that's *ON OUR SIDE* trying to engage with and be part of our community.
+
+I do agree that it should not occur on trading days, but I was pretty happy that it was going to be over a weekend to block out weekend drama that our subs have known since early 2021.
+
+I have no problem with complaining about the way it was done, but I'm really embarrassed that people here called Immutable shills. We should be fostering goodwill with these companies.
+Hey /r/personalfinance, long time reader here and I wanted to share this news with you since I can't/won't tell anyone I know IRL.
+
+To make a long history short, I bought a condo 10 years ago, and was scared shitless when I saw the paperwork that shows how much you'll pay for a house over a 30 year loan. That day I made it my life's goal to pay off my mortgage and be in control of my finance's. I never in the 10 years paid my mortgage value as-is, I ALWAYS paid extra. Whatever was left at the end of the month went to the mortgage. Sometimes it was $50. Sometimes it was a couple grand from a tax return or work bonus. Either way, I made it a habit from day one that I wouldn't buy anything frivolous before I paid off debt. I did buy/sell a couple houses along the way. I made some profit from sales, I used some stock market money to help pay it down as well, and I've had a good paying steady job for the entire time.
+
+This afternoon I had more in my checking account than my mortgage was worth. I stopped in at the bank and made the payoff. The teller was a little shocked, but mostly didn't say anything. I'm fairly young (early 30's) so its probably rare, but I worked my a$$ off to do this. I often skipped fancy vacations that my friends took, and didn't go out drinking every week like many still do.
+
+I now own my house outright. It feels freakin' amazing. Knowing that come next month all the cash will be coming in with no payment to make is about as freeing as it gets.
+
+As they say, I'm a Mortgage Free Man. http://i.imgur.com/MlOXu.jpg
+
+First, I'm not a financial advisor and all of this is a combination of opinion research articles and a great deal of research by others.
+
+​
+
+**Helm's Deep: The Repo Market**
+
+​
+
+So, one may be wondering especially since the recent quarterly losses were released how does a hedge fund remain **Liquid** this long and continue to have the **leverage** required to short the stock? (Spoofing is also happening).
+
+​
+
+[Liquidity in Select Futures Markets (cftc.gov)](https://www.cftc.gov/sites/default/files/idc/groups/public/@economicanalysis/documents/file/oce_liquidityfuturesmarkets.pdf)
+
+​
+
+[Recent diminishing liquidity](https://twitter.com/HideNotSlide/status/1381603503659958272?s=20)
+
+Thus far, we have seen an obvious need to additional liquidity for hedge funds, typically in the form of cash. But where would one get this cash and who would be give it to these hedgies. Well, it is the large commercial banks of course! The banks foresee the future and are playing the long game, they know **Inflation** is coming... Meanwhile the Fed has backed **Treasury bonds!** So, what the hedgies have done is actually outright buy treasury bonds and exchange them in a **Swap** through the **Repo Market** to gain additional liquidity. Of course banks get interest on that!**.** Hedge funds have been **Re-hypothicating** these treasury bills between one another and exchanging them for liquidity in a never ending loop to banks. At some point this strategy will run dry.
+
+​
+
+[Visual Explanation of Repo Market](https://www.youtube.com/watch?v=fttA-rNRYG4)
+
+​
+
+​
+
+​
+
+[Chart courtesy of u\/jsmar18 ](https://preview.redd.it/oaaufjalnds61.png?width=551&format=png&auto=webp&s=f540c2bb27e818f1bbc866e6a4c75b3a2f7f3cea)
+
+[Amazing DD about Michael Burry's last post](https://www.reddit.com/r/GME/comments/mil875/michael_burry_handed_us_the_missing_piece_on_a/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+​
+
+​
+
+In the recent release by the Fed they explore alternative options to buying treasury bills as well there was such a problem with them **in terms of their yields**. So, it will be important to follow what the Fed does next as far as how they continue to prop up this economy. In a recent video Steven theorizes that the Fed is going to transition into **long bonds market**, which may not be good to the liquidity of said hedge funds as they seem almost entirely reliant on the Repo market to gain access to additional liquidity.
+
+​
+
+[Steve explains Fed transition](https://youtu.be/V5RPYmt2bYA)
+
+​
+
+Second, another strategy that's being used is the OTM options strategy or **Doom Options** as revealed by Dookie Dimez [(Twitch)](https://www.twitch.tv/dookiedimez).  The credit risk is of significant importance in the current financial market. For instance, unlike most financial institutions whose long-run performance is affected by the tail-risk induced extreme negative return, hedge funds focusing on trading credit risk are able to obtain tremendous return during critical periods, such as 2020 Covid-19 outbreak, 2012 European debt crisis and 2008 global financial crisis. These hedge funds mainly choose **Credit Default Swap (CDS) or Deep Out-Of-The-Money (DOOM)** put option to trade the credit risk, utilizing the **leverage**.
+
+​
+
+[Great paper on Doom Options & Credit Default Swaps](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3523051)
+
+​
+
+​
+
+**Two Towers: Blackrock & Vanguard**
+
+​
+
+This Saga is one of a **liquidity** issue: It comes in the form of collateral, swaps, derivatives and cash.
+
+​
+
+     A Short Selling Example 
+
+​
+
+It is natural to wonder how there can be a higher short interest than the total number of shares outstanding. The answer is that the same shares can be lent over and over again. Here is an example: Short sellers need to borrow shares in order to deliver them to buyers. Suppose that Shareholder #1 owns 100 shares. Shareholder #1 is more than happy to take some money from the short sellers by renting out the shares to Short Seller A. Short Seller A sells the borrowed shares to Shareholder #2. Likewise, Shareholder #2 is happy to take money from short sellers by renting the shares to Short Seller B. Short Seller B sells the shares to Shareholder #3. Shareholder #3 does not lend out the shares. Notice that in this example there are 300 shares of long positions (Shareholders 1,2, and 3) and 200 shares of short positions (Short sellers A and B), but only 100 actual shares outstanding. This does not break any current US rules. However, just because the current practice does not violate present rules, the question remains whether extreme levels of short interest **jeopardize the operation of a fair and orderly market**. In particular, that an inevitable short squeeze develops that would result in dislocation in prices. For example, suppose that Shareholder #1 decides to stop lending out shares and demands the stock back. In that case the short seller would typically attempt to borrow the shares from someone else. However, if the short seller cannot find another stock loan to replace the original loan, the short seller must purchase the shares. If the short seller buys the shares from Shareholder #2, then Shareholder #2 will recall the shares, forcing Short Seller B to purchase the shares.
+
+​
+
+     Collateral  
+
+​
+
+This forced purchasing can cause prices to **skyrocket** in what is known as a **short squeeze**. Note that short selling creates the equivalent of a **derivative market** in the shares. This example is essentially similar to a situation where there is one shareholder (#3) who owns 100 shares with voting rights. In addition, there are two other long investors (#1 and #2) without voting rights who are engaged in contract similar to an indefinitely-lived contract for differences where they exchange the daily gains and losses with the party in the short position. When a short seller borrows shares, they have to put up **collatera**l and that **collateral is adjusted every day** to reflect changes in the value of the shorted security. Thus, the short seller and the stock lender exchange the gains and losses daily on the borrowed shares. In a **futures contract**, both sides put up collateral known as margin, and it is adjusted daily to reflect gains or losses in the underlying contract. Thus, the long and short side of the futures contract exchange the gains and losses daily. This has strong implications for the regulation and taxation of short positions. It is clear that a very high level of short interest increases the risk of a dislocation in prices. What is not clear is what, if anything, regulators should do about it. The CFTC and the futures exchanges sometimes impose position limits in futures contracts to prevent dislocations in prices. It is tempting to consider imposing futures-style position limits on short selling. For example, additional short selling could be restricted when the short interest reaches a certain level, say 100% of the shares outstanding. This is an area in which there needs to be additional research to determine the extent of the risk.
+
+​
+
+​
+
+​
+
+**Arbitrageurs** use short selling to make sure that the prices of ETFs purchased by retail investors properly track the baskets of securities inside the ETFs. Directional short sellers (Not evil Melvin/Shitadel short selling) can bring in information and can help to prevent overvaluation of stocks that would harm investors. Market makers and bona fide arbitrageurs should be exempt from such restrictions. Any restrictions should only be imposed after careful economic analysis.
+
+​
+
+     Taxes 
+
+​
+
+It turns short sellers still have an **economic incentive to stay short** even after a stock has declined. The reason for this incentive is simple: **taxes.** The IRS generally taxes stock trades a position is closed out and the profit or loss is realized. This makes sense for long investments as the cash is usually received when the stock is sold. For a successful short sale, however, the short seller has received the cash long before the position is closed out. This is a result of the collateral adjustment that occurs in the stock lending market. For example, suppose that a short seller decides to short A Company which sells for $100 per share. They borrow shares from Friendly Index Fund and sell them. As part of the stock loan agreement, the short has to put up 102% of the value of the borrowed shares, or $102. On the settlement day, the shorts put up as collateral the $100 proceeds of the sale and $2.00 of their own cash. This collateral amount is adjusted every day. If the stock goes up by $100 to $200 per share, the shorts have to put up another $102 per share in cash as collateral for the increased value of the shares that they owe. However, if the stock drops to $1.00, the collateral amount drops to $1.02. The shorts would get a cash refund of $100.98 of the collateral. However, they have not closed out the position and officially realized their gain, so no income taxes are due on the profit despite the fact that they have received the cash. Now the short has a decision to make: They already have their profits in hand. If they buy the shares at $1.00 and close out the short, they would have to pay income tax right away on the $99 profit. If they don’t close out the short, they can defer paying taxes on their profit indefinitely. The short thus has an economic incentive to never close out the position. The short seller’s idea of a good time is not for a stock to go bankrupt and be cancelled, but for it to become a penny-stock zombie forever.
+
+​
+
+     Misaligned Incentives 
+
+​
+
+**Futures contracts** act similarly to short equity positions in that gains or losses are immediately reflected in changes in the collateral, also known as margin, that investors must put up. The IRS marks futures contracts to market at the end of each year, meaning that any profit or loss that occurred during the year would be taxed in that year. Short positions should also be marked to market each year by treating them as if they were closed out on the last day of the year. Thus, their profits or losses would be taxed each year. This will result in modest additional revenue for the government as the profits are realized for tax purposes sooner rather than later. Most short selling helps maintain market quality by proving liquidity and information to the market. However, not every short seller is an angel. There have been shorts who disseminate false or misleading information about their targets. Even worse, there are shorts who actively seek to interfere with the operations of the companies they have shorted. Perhaps the worst example is that of the famous Contac poisoning case, in which a poisoner tampered with Contac cold medicine hoping to benefit from a drop in the manufacturer’s stock price. Removing this tax break for short sellers would take away the incentive for them to never close out a position. This removes the incentive for them to continue to denigrate firms even after their previous investment thesis has been realized through a decline in the stock price.
+
+​
+
+     Failure to Deliver 
+
+​
+
+Sometime sellers, both long owners and short sellers, **fail to deliver** the sold shares on the normal settlement date, which is the second business day after the trade (“T+2”). Fails to deliver can occur for a number of reasons. Some of these are operational snafus that are normally resolved quickly. At other times, short sellers have not borrowed shares and thus cannot deliver them. This sometimes happens even if they think they have located on the trade date shares to borrow on the settlement date only to discover later that the promised shares are not available. In 2008, the SEC implemented Rule 204 in the midst of the financial crisis to deal with the endemic settlement failures that had been plaguing our equity market. Prior to Rule 204, the US was very lax when stocks were not delivered on the settlement date. Usually, the shares would show up sooner or later, so buy-ins were rare. Unfortunately, this system was abused by short sellers who were too cheap to pay to borrow shares in the proper fashion. Buyers of shares were forced to wait for their shares; they were effectively forced into make involuntary stock loans at below-market rates. Large failures to deliver persisted for months for many companies, even in the stock of the NYSE itself. In October 2008, the SEC rightly put its foot down and instituted Rule 204T as an emergency measure. The hastily adopted rule contained a draconian requirement to deliver the shares on the regular settlement date, or else be bought in immediately.30 Later made permanent as Rule 204, it requires a buy in at any price without any regard to the impact on a fair and orderly market. This knife-edge delivery requirement plays into the hands of manipulators who engineer short squeezes that disrupt our market. The rule did, however, clear up the bulk of the settlement failures that plagued our system. One may be tempted to cheer the price spike that can occur during a short squeeze as a well-earned comeuppance for short sellers. Once again, innocent bystanders such as retirement savers in index mutual funds get hurt (Not Retails fault but Shitadel & Melvins). Furthermore, all short sellers are not evil blood-sucking vipers plotting the demise of sound companies. Indeed, very few of them are. **Legitimate market makers who shorted as part of legitimate market making can also suffer serious losses**.
+
+​
+
+     Treasury Market 
+
+​
+
+The prospect of such potential losses makes them less willing to provide liquidity in such issues, leading to higher trading costs and **higher volatility** that harms all investors. Legitimate arbitrageurs who keep ETF prices in line with the underlying basket can also be collateral damage. A mandatory buy in at any price is not the only way to deal with a failure to deliver shares on the normal settlement date. The US Treasury bond market uses a different system. They charge late fees, just like many libraries do. The equity market should learn from the **Treasury market** and impose suitable late fees instead of immediate mandatory buy-ins at any price. Relaxing the “buy-in-at-any-price” rule will alleviate some of these price dislocations when buy-ins occur. The late fees should escalate with the length of the delivery delay and need to be stiff enough that market participants will only delay delivery in exceptional circumstances. Those failing to receive should still have the ability to force a buy in if they desire
+
+​
+
+     FTDs on GME 
+
+​
+
+**Fails to deliver** occur routinely in most stocks on any business day. They are generally quite small. The fear of a forced buy-in generally motivates most sellers to deliver on time. Under Rule 204, market makers have three additional days to deliver shares before being bought in. In January, 2021, the median stock reported fails of 1,457 shares on a day. 32 The numbers are skewed, however, with an average of 43,070 shares on a day. The total number of shares that were sold and not delivered on the settlement date peaked on January 22 at 2,099,572 shares or 3.0% of the 69 million shares outstanding. On that day, GameStop closed at $65 per share. As a percentage of trading volume, the failures to deliver peaked at 16.1% of the 4.9 million shares traded on January 5, 2021 when GameStop closed at $17. It is worth noting that there were relatively few fails attributable to the trading on January 27, when the price dislocations in GameStop hit their closing peak of $348.
+
+​
+
+​
+
+​
+
+Indeed, fails to deliver fell dramatically on January 27, from 1,032,986 shares the day before to 138,179 for trading on the 27th. 34 The reason for this reduction is unclear, but is consistent with trading on the 27th either through forced buy-ins or the fear of forced buy-ins. This buying activity undoubtedly acted as an accelerant to the upward price dislocation in the price of the stock. The fails to deliver fell again on January 28, from the 138,179 of the day before to 10,975. That was the day upon which GameStop hit its intraday high of $483. Again, the reasons for the reduction are unclear but could represent forced buying due to buy-ins or the fear of buy-ins. Indeed, On January 28, the stock became extremely hard to borrow. The buy-ins and the inability for short sellers to borrow shares that day undoubtedly contributed to the extreme price levels reached by the stock.
+
+​
+
+​
+
+​
+
+1. **ETFs are ‘untested**
+
+​
+
+**The argument**: ETFs have exploded in popularity since the financial crisis that began in 2007 and sent the Standard & Poor’s 500 index into a bear market. (A bear market is a period when losses surpass 20% from the market’s most recent high.) The ETF market of today hasn’t experienced a market crash and could be vulnerable in the next one.
+
+​
+
+**The reality**: The part about ETFs growing in popularity is true: As of January, more than $3.5 trillion was invested in ETF assets in the U.S., up from $498 billion in 2008, according to data. That sevenfold increase supports the argument that many more people are invested in ETFs now than a decade ago.
+
+​
+
+As for being untested, well, not so much. While the growth in ETF assets has coincided with the current bull-market cycle, there have been opportunities for ETFs to be tested even if the market hasn’t succumbed to a prolonged sell-off.
+
+​
+
+    Flash Crash 
+
+​
+
+There have been opportunities for ETFs to be tested even if the market hasn’t succumbed to a prolonged sell-off.
+
+​
+
+Most notable were a couple of “flash crashes” — one in May 2010, the other in August 2015 — when the market fell sharply and quickly and ETF prices weren’t trading in lockstep with their underlying assets, as they’re supposed to do.
+
+​
+
+2. **ETFs are less liquid than you think**
+
+​
+
+\*\*The argument:\*\* Investors have a false sense of security in the liquidity of their ETF investments, or how easy they’ll be to sell when the time comes. This could be problematic when a lot of investors are trying to sell at once.
+
+​
+
+**ETFs and long-term strategies**
+
+​
+
+Fretting about how ETFs will fare in a market downturn (spoiler alert, they’ll most likely go down in value) isn’t fruitful, especially if these assets are part of a long-term investment strategy. This means less relative shares for Shitadel and friends to short.
+
+​
+
+    Price Dislocation 
+
+​
+
+Credit ETF price dislocations create the potential for interconnection and **contagion risk** if these products are used as near cash substitutes, or low duration secure investments (like money market mutual funds (MMMFs)) in the liquidity operation of other institutional investors hold credit ETFs as **cash or near cash substitutes**, and if they receive redemption requests on their funds they may have to **liquidate other assets if the near cash substitutes have fallen in value**. This contagion risk resembles the contagion risk experienced in the 2008 crisis when the Reserve Primary Fund (the oldest MMMF in the U.S.) “broke the buck” due to exposure to toxic Lehman Brothers commercial paper - facilitating a run on the MMMF market by investors who feared they held a cash substitute that wasn’t redeemable at its par value. Prior to March 2020, there was emerging evidence that low duration credit ETFs were also being used as MMMF “substitutes.”
+
+​
+
+    The Fed 
+
+​
+
+**The Fed’s aggressive intervention** undoubtedly calmed markets and eased investor concerns, yet heightened investor confidence manifested in massive funding inflows to BlackRock ETFs which were already some of the largest of their kind in the market. Thus BlackRock emerged as a financial, and literal profit, benefactor of government intervention due to a product with inherent fragilities that it put into the marketplace. BlackRock has become **extremely influential with the government** –and was described recently by one reporter as “the latest chapter in a decade long shift in the financial power structure, with the largest asset managers gaining ground on Wall Street banks.
+
+​
+
+    PIMCO & Blackrock 
+
+​
+
+The world’s largest asset manager was recently tapped to manage the **Federal Reserve’s corporate bond buying program** during the coronavirus pandemic, alongside Pacific Investment Management Co (PIMCO) AKA Bill Gross (Mr. 10 Million Short GME) who also assisted with commercial paper purchasing, BlackRock’s job came in the form of no bid contract with the Fed to handle its secondary market corporate credit purchasing facility, including primary market corporate bonds (newly issued debt), secondary market corporate credit products (publicly traded bonds and ETFs, including junk bonds) and agency issued commercial mortgage backed securities through Fannie Mae, Freddie Mac and Ginnie Mae. **BlackRock has directly benefited from the Fed’s invention in the credit ETF market**, using its influence to steer the purchases of numerous BlackRock issued ETFs, and reaping significant residual fee-benefits from resulting investor surges into twenty seven of the firm’s funds (all of which were deemed eligible for the Fed’s buying program).
+
+​
+
+​
+
+​
+
+The asset management landscape has evolved to include a diverse and complex array of intermediation including conventional asset managers with retail accessible investment products, like mutual funds and ETFs which product class is dominated by the “giant three” U.S. firms BlackRock, Vanguard and State Street Capital. Exchange traded funds are likely the most successful post-2008 crisis financial product, with sector growth aided by **regulatory accommodations**.
+
+​
+
+    The Big 3 
+
+​
+
+The largest investment fund The asset management landscape has evolved to include a diverse and complex array of intermediation including conventional asset managers with retail accessible investment products, like mutual funds and ETFs which product class is dominated by the “giant three” U.S. firms **BlackRock, Vanguard and State Street Capital**.  Exchange traded funds are likely the most successful post-2008 crisis financial product, with sector growth aided by regulatory accommodations. The largest investment fund managers control a breathtaking, and unprecedented amount of capital, with recent reports noting the aforementioned “giant three” respectively controlling, through intermediated holdings, over **$19 trillion in assets – or nearly 10% of the global financial market.**
+
+​
+
+    Shitadel Plumbing 
+
+​
+
+There is also a complex network of for-profit market intermediaries who run the plumbing, and continual functioning, of the financial system, including high frequency trading (HFT) market makers like Shitadel, who dominates a material share of the market making and trade execution business in U.S. equity and options markets, and Jane Street, one of the key participants in the **arbitrage ecosystem** powering the effective operation of an ETF.
+
+​
+
+    No Good Crisis Goes to Waste 
+
+​
+
+Before the coronavirus crash in March 2020 there was growing evidence that firms, and other institutional investors were using **ultra-short duration credit ETFs as cash and near cash substitutes**, in their **liquidity management operations**. The price dislocations in credit ETFs during the coronavirus selloff are fundamentally derived from the fact that these investment credit products perform a liquidity transformation by packaging over-the-counter, and often thinly traded bonds and loans into instantly l**iquid secondary market product**. These products work, until they don’t, and history shows us that liquidity transformation often leads to governmental intervention and support in a crisis
+
+​
+
+The **“global doom loop”** was perpetuated during March 2020 coronavirus pandemic financial crash, and further illustrates the government’s willingness to use aggressive liquidity measures to intervene in financialized products that generate system-wide instability. In addition to propping up unravelling bond and credit ETF markets, the Fed acted as a “**the world’s backup lender**,” with several reports also remarking on the Fed’s embrace of “**QE infinity**. Financial market participants would “adjust their expectations to include government bailouts should anything go wrong. The success of the interventions encourages more risk taking. This perfectly describes the 2020 Fed bailout of bad corporate debt and credit ETFs, and the perpetual drivers powering the “global doom loop.
+
+​
+
+     Bank of Japan & ETfs 
+
+​
+
+**One main takeaway** from ETFs is that the structure of Vanguard vs Blackrock ETFs are completely different as Vanguard is set up under a **not-for-profit structure** and thus can offer sustainable products where as other ETFs have to scramble to remain liquid by increasing the amount of “junk” they throw into their ETfs to try and stay afloat. Mainly they HAVE to have companies like Exon, Microsoft as there’s a select few that possess this kind of liquidity. Recently We’ve seen funds load up on Treasury Bonds, Futures, Reits, Money Markets, Cash, and even like ARKK ETF Inception.
+
+​
+
+A good book on Physical vs Synthetic ETFs in an Algo trading world
+
+​
+
+\[Book\]([https://books.google.com/books?hl=en&lr=&id=\_tQiEAAAQBAJ&oi=fnd&pg=PT279&dq=synthetic+etfs&ots=EDjrKrGJyz&sig=ez6Ia-YQeBam8vYrbN2zfXWvLac#v=onepage&q=synthetic%20etfs&f=false](https://books.google.com/books?hl=en&lr=&id=_tQiEAAAQBAJ&oi=fnd&pg=PT279&dq=synthetic+etfs&ots=EDjrKrGJyz&sig=ez6Ia-YQeBam8vYrbN2zfXWvLac#v=onepage&q=synthetic%20etfs&f=false))
+
+​
+
+**There’s no coincidence that Michal Burry had The Big Short in Japanese on his Twitter**
+
+​
+
+The Bank of Japan (BOJ) has purchased **ETFs and real estate investment trusts (REITs)** since December 2010 to alleviate financial turmoil triggered by the collapse of Greek government bonds. This was initially undertaken to mitigate the risk premium in the stock market. Even though the turmoil in the stock market has subsided, the BOJ has significantly increased its purchases of government bonds, ETFs, and REITs since April 2013 to increase the monetary base and to change price level expectations. We use a synthetic control method to examine the impact of the BOJ's large-scale ETF purchases on stock prices since 2013. The synthetic control method was introduced for economic analysis by Abadie and Gardeazabal (2003), who compared a treated group with a synthetic control group by weighted averaging. We analyze the BOJ's policy effects under settings similar to Abadie et al. (2010), who analyzed US tobacco control. In our context, only Japan is the treatment group, and several other countries are control groups.
+
+​
+
+    Ticking Time Bomb BOJ 
+
+​
+
+This study investigates the effect of the Bank of Japan’s large-scale exchange traded fund purchasing program since 2013 on stock prices using a synthetic control method. They use the stock price indexes of 27 OECD countries as a control group and estimate the time-series data of the synthetic stock price index of Japan. The results show that the index in Japan had increased gradually relative to the synthetic Japanese index from 2013. This result suggests that the Bank of Japan’s intervention in the stock market is **distorting stock prices** and should be reconsidered.
+
+​
+
+​
+
+​
+
+The Japanese and U.S. long-term interest rates, and that increased uncertainty about the U.S. inflation rate was a factor in the exchange rate depreciation. Based on this discussion, it would be reasonable to conclude that the **BOJ's ETF purchase policy** was the main driver of stock prices in the Abenomics policy package.
+
+​
+
+Transcript of Grant Williams & Gerard Minack The End Game Podcast: 
+
+​
+
+ [Podcast Transcript](https://docs.google.com/document/d/1HXZpeKAZI-CT7o0y0gRY0VZRjh4yNH9x4UprPqoy4Z0/edit?usp=sharing)
+
+​
+
+​
+
+A special thanks to u/Augrr, u/QuiqueAlfa, and u/moonski  for helping with this DD. More info to come!
+
+​
+
+**Link to my original GME & ETF tracking data set with all 13F data and daily holdings tracked over time.**
+
+​
+
+\[Original Data Set\]([https://docs.google.com/spreadsheets/d/1vhbn6HqmkhwHqtSj0CDNHeCNuNOp-hPcmfur0pZUuFs/edit?usp=sharing](https://docs.google.com/spreadsheets/d/1vhbn6HqmkhwHqtSj0CDNHeCNuNOp-hPcmfur0pZUuFs/edit?usp=sharing))
+
+​
+
+**Great discussion about Melvin Capital**
+
+​
+
+\[Ben Hunt Discussion\]([https://open.spotify.com/episode/1Y2Gu2JD3Jiw82pexXFO0S?si=XYKufyhlRgOA9-4kHYwxQQ](https://open.spotify.com/episode/1Y2Gu2JD3Jiw82pexXFO0S?si=XYKufyhlRgOA9-4kHYwxQQ))
+
+​
+
+**The ETF Driven Bubble via Price Dislocation**
+
+​
+
+\[Price Dislocation\]([https://youtu.be/I4ce1LiuwcA](https://youtu.be/I4ce1LiuwcA))
+
+​
+
+**The De-Leveraging Event around 26 min in**
+
+​
+
+\[Leverage\]([https://www.youtube.com/watch?v=PHe0bXAIuk0&ab\_channel=PrinciplesbyRayDalio](https://www.youtube.com/watch?v=PHe0bXAIuk0&ab_channel=PrinciplesbyRayDalio))
+
+​
+
+**Empirical Research on ETF Market Incentives**
+
+[https://papers.ssrn.com/sol3/papers.cfm?abstract\_id=3802178](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3802178)
+
+​
+
+TLDR: We can stay apes longer than they can remain liquid. We have a current Central bank driven bubble that will eventually pop. We hope they transition away from buying treasuries to provide hedgie liquidity. The rules of the market require a short seller to cover their shorts. We have a systematic whales that drive up volume particularly around days where FTD’s are high. As for retail traders. Buy and HOLD, grab some popcorn, enjoy the show, and collect tendies.
+
+# 🚀  🚀 🚀
+<Insert face palm meme here>
+
+Thanks to this forum and reading some basic investment books lately I've realised I should have started investing earlier and the amazing thing called Compound interest.
+
+Don't get me wrong I still have an ISA, and I have a (little) pension pot but now I am learning about index funds and things like that and feel like I should have read about these things much earlier in my life. Over the next few weeks I am going to start asking about how to invest in these funds etc because I want to get in on the act.
+
+I just want to say thank you for sharing useful things on this forum and thanks to the admins for maintaining a healthy environment on this sub-reddit.
+ Hello everyone,
+
+I am looking for *some advice for long-term investment strategy*. Here is my situation:
+
+* Around € 70k in total. Already 5k in ETFs and 5k in some individual stocks.
+* 28 years old, Belgium (Europe).
+* Job: Researcher, salary: 2k € per month.
+* **Plan:** Keep aside in cash \~40k for a down-payment to buy a house in coming years. The rest is for the long-term (10-15 years at least).
+* Moderate risk tolerance. I can tolerate  a drop of 50%, hopefully positive return on 10-year horizon.
+* No debt.
+
+Given  this situation, I have 20k (70k-40k-10k) + 500€ per month to invest for the long-term. A  strategy I have in mind is to spread 20k over this year in a  diversified ETF (like Vanguard FTSE All-World) and invest 500€ of my  monthly salary in it as well. That would be the "standard strategy".
+
+Given  the current volatile market, I am wondering if I should not play more  smartly and invest 5k among these 20k in "hype" sectors, like AI,  Robotics and Genomics. And maybe also play 20% of 500€ in some high  risks/high rewards stocks every month, like Palantir, Square, Roku, etc.
+
+Any advice is welcome, thanks!
+Newbie here. I've set aside savings of €4k & am eager to invest a portion of that sum. With stocks by & large in freefall at the minute due to the ongoing coronavirus pandemic, is it too soon to safely invest with the view to market recovery over the coming months? If not where should I be looking?
+Hi all!
+
+Small profile:
+
+30 y/o in France, around 120k in savings (45k in very weak saving accounts, around 0.5%).
+
+Each month I am able to save anything between 1.8k and 2.6k, I'd say 2.3k is a good average. I am currently living on rent and am childless, but plan to have one soon, so I guess my expenses will go up.I also know that eventually (I hope as late as possible) will receive in inheritance an apartment that has a renting potential of around 1k/month.
+
+​
+
+I am mostly looking to save long term for a comfy retirement in about 30 year time. I read around a bit and feel like ETF is the way to go, so my plan is:
+
+​
+
+**Long term portfolio:**
+
+85% on IWDA (iShares Core MSCI World UCITS ETF USD (Acc))15% on EMIM (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc))
+
+The rationale is to cover the whole world, but favouring US and EUR markets for now. Makes sense?
+
+**Initial Investment:** Lump sum of 50k, not more because I want to have a 1 year emergency fund for both me and my partner, because I want to have some "play" money and because to be fair I am still fairly scared. Not sure if this is a bad idea, but sound like a solid start? Should I push more?
+
+**Monthly contribution:** I am planning to invest around 1.3k monthly. This leaves me between 500 to 1.3k to unexpected expenses and seasonal expenses (e.g. travels), also sort-of accounting already for foreseeable increase of expenses.
+
+​
+
+**YOLO Investment:**  I am planning to have like 2k I have now to do a bit of stock picking, mostly understanding is a game rather than a sound investment, but hopefully can lead to a bit of profit (or not, I am aware of that). I want to learn more about this world and playing I feel like a good way.
+
+Does the above make sense? Do you see something that can be better?
+Hey, I'm in Czech Republic and using Degiro to invest in ETF's. I want to invest a lump sum cca 50k Euro, and I plan to DCA in more on a regular basis. But I'm struggling to understand what guarantees I would have if Degiro ran into problems.
+
+So like in the title, how much is a safe amount to keep with Degiro?
+
+Should I be opening a 2nd account with a different broker (such as Interactive Brokers?) beyond a certain amount to spread risk?
+AMC Entertainment mentioned Monday it will begin accepting bitcoin as payment for movie tickets and concessions if bought on-line in any respect of its U.S. theaters. 
+
+CEO Adam Aron mentioned throughout an earnings name Monday that the movie theater chain will have the IT methods in place to take the cryptocurrency as payment by the tip of 2021.
+
+The transfer marks a wedding of two extremely speculative property — bitcoin, identified for its wild volatility, and AMC, which turned a meme inventory star favored by retail merchants on Reddit’s notorious WallStreetBets discussion board.
+
+The value of bitcoin swung drastically in latest weeks, final buying and selling round $46,000 after falling under $30,000 final month. The latest rebound got here amid optimism {that a} cryptocurrency compromise will be included as a part of the bipartisan infrastructure bundle. The Senate finally didn’t advance the deal.
+
+Tesla had introduced plans to allow bitcoin transactions, however it halted automotive purchases with the digital token in mid-Could as a consequence of considerations over how mining contributes to local weather change. CEO Elon Musk has since commented positively on bitcoin, saying he plans to carry the coin long run.
+
+Shares of AMC climbed greater than 4% in prolonged buying and selling on Monday following a better-than-feared earnings report. The corporate posted a narrower-than-expected loss throughout the second quarter, together with income that topped analysts’ estimates.
+
+The inventory has rallied practically 1,500% this 12 months as a band of retail merchants who coordinated trades on social media platforms managed to create a large brief squeeze within the shares. The struggling movie theater was a preferred brief goal amongst hedge funds and different gamers.
+# Personal statement:
+
+In this post, I want to provide you with my own view on why Feg is the next gem. This is my personal call for the next moonshot.  It is important to me that you do your own research. I tried to provide as much information that I have available to help you in this task. Personally, I already made a x3 and the trend is going up. I think it is not too late and only the beginning.  But as said decide for yourself and do your own research.
+
+# Here are some elements on why I think it will succeed:
+
+​
+
+* 100Q total supplies
+* Price is ridiculously low atm. 1FEG =  0.00000000007832$ on the ETH side and /4 times less on the BSC side
+* Market capacity doubled in the last 24h
+* The all-time height was broken 4h ago.
+* 1% on each transaction is burned.
+* 1% on each transaction is given to the community.
+* Incredibly strong telegram community. [link](https://t.me/FEGchat)
+* Is build on the same principles that made GME so popular. Meaning holding
+* Holding gives you reward passively for just holding in your wallet.
+* Already 55Q token burned on both chains in less than 1 month of existence.
+* Approved and Audited by WarOnRugs [link](https://twitter.com/WARONRUGS/status/1356659127909568512)
+* WarOnRugs made an AMA with the main Dev that I will link here for your own research [link](https://fegtoken.medium.com/ama-recap-with-waronrugs-21360bd5fbb3)
+* Renounce ownership to complete a complete DeFi.
+* Liquidity lock [link](https://team.finance/view-coin/0x389999216860AB8E0175387A0c90E5c52522C945?name=FEGtoken&symbol=FEG)
+* Parabolic burning rate atm
+* Is on a good upwards trend [link](https://www.dextools.io/app/uniswap/pair-explorer/0x854373387e41371ac6e307a1f29603c6fa10d872)
+* Top 10 on two consecutive days on coingecko for the top gainer's [link](https://coinmarketcap.com/gainers-losers/)
+* Can be well suited for long and short-term investors. Long-term will gain rewards for holding and short terms will get a nice 2x - 10x in the next week.
+* Their marketing campaign starts after the release of their exchanger.
+* They have already partnered with a youtube channel of 600k subscribers and the video will be released after FegEx.
+* There are community members in contact with  TikTok influencer with 1-2Millions views.
+
+# FegEx release soon and the reason it is blowing up atm:
+
+So these were some major points that will help you with your own research. Now to the gamechanger that is FegEx. This will be their own Exchanger with features that haven't been seen before. I personally believe that it could compete with the giant uniswap on the ETH side. But it can't be compared to it because it's completely different:
+
+* Feg will get its own Swap called FegEx.
+* Ability to stake any token listed and earn ETH directly.
+* AUTOslip technology, you will no longer have to fumble around with learning how to set slippage.
+* Frontrunning bot protected, you no longer have to worry about front running bots.
+* Auto Dump Technology - all pairs will have the ability to program circuit breakers that can temporarily give sell limits to stabilize trading. For example, if the price dropped 10% in 1 minute you could give a 5 ETH max sell which would limit the next 20 sales.
+* Smart Liquidity options - the ability to add/remove 1 sided LP to help easily help off an impermanent loss or provide easy price rebalancing.
+* The built-in liquidity locking option eliminates the need for you to search all around for where liquidity is locked.
+* The ability to launch multi-asset pools with weighted proportions, which all have the ability to cross trade, this feature is a balancer for defi on steroids.
+* The best part of it is the release is planned by end of the month so less than 2 days remaining.
+* Since Feg is on BSC AND ETH it will be the first exchange operating on two chains. It aims on being the first multichain swapper/exchanger.
+
+# Some more link:
+
+* [etherscan for FEG on the ETH side](https://etherscan.io/token/0x389999216860ab8e0175387a0c90e5c52522c945)
+*  [bscscan fro FEG on the BSC side](https://bscscan.com/token/0xacfc95585d80ab62f67a14c566c1b7a49fe91167)
+* [Their website](https://fegtoken.com/)
+*  [Pancake for BSC](https://exchange.pancakeswap.finance/#/swap) with the contact address 0xacfc95585d80ab62f67a14c566c1b7a49fe91167 
+* [Uniswap for ETH](https://app.uniswap.org/#/swap?outputCurrency=0x389999216860ab8e0175387a0c90e5c52522c945) can also work on 1inch if you have your drop still available.
+* [Instagram](https://www.instagram.com/feg_token/)
+* [Telegram](https://t.me/fegchat)
+* [Twitter](https://twitter.com/FEGtoken)
+Been investing for over 10 years, always been interested in options but never got around to learning. Lately been buying shares of meme stocks off WSB and dumping them at fist sign of weakness (gone pretty well so far) but I know its very risky.  Happened upon this sub and now I really want to trade options and safely! So what would resource you guys recommend for understanding option price movement, implied volatility, hedging, basically all the technicals i need to know to trade options.
+Original post calling the trend reversal when price was at 102 (only up since then):
+
+[https://www.reddit.com/r/Superstonk/comments/smolgw/iborrowdesk\_hasnt\_tracked\_the\_cost\_to\_borrow\_fee/](https://www.reddit.com/r/Superstonk/comments/smolgw/iborrowdesk_hasnt_tracked_the_cost_to_borrow_fee/)
+
+Most recent Iborrowdesk chart
+
+​
+
+[Iborrowdesk.com\/GME](https://preview.redd.it/qdku94dxtrh81.png?width=2404&format=png&auto=webp&s=a43f1d6dda83b64b49d384fed447a40a630cb993)
+
+See how that **red line** cuts out after the 9th? The data for the 10th is missing (and back for the 11th).
+
+Why is this important?
+
+**EDIT: This is** ***only looking at the red line in the graph below.*** **Look down from the orange cross to see the gap on** ***the red line.***
+
+**The black line is just there to show share price and gaps in this data do not correlate to price movement! Sorry for any Apes thinking I was ignoring this - it was clearer in my original post when showing the graphs. We have only had 4 gaps in the past year in the cost to borrow data and this predicates movement each time (including the current gapping)**
+
+[Gaps = Jumps](https://preview.redd.it/qplyy634urh81.png?width=2406&format=png&auto=webp&s=800a52d9b5aa979534469c2fa7e6a34938db97e2)
+
+This is the graph for the past year with the 'gapping data' marked on it. On the Original Post there is also data added for 2020 which shows that this is a consistent predictor of UP!
+
+​
+
+Why are my TITS JACQUED more than the normal 50% - 100% growth this normally predicts? In the past the indicator has led to these jumps in price after a single day of missing line on the graph. We are now seeing the data continually failing with 5 of the last 11 days not making it onto the graph and no end in sight of it happening. It's falling apart for the SHFs.
+
+The Gapping seems to be caused by a very specific set of conditions around share availability beyond 'no shares at a certain time'.
+
+And the most amazing thing? If this trend follows the longest (in days) uptick we experienced after a gap, then it will reach it's peak on the predicted day of the Q4 GME Earnings Release, 22nd March.
+
+Booooooooom (sound of nipple ejectulous).
+[GameStop.com](https://www.gamestop.com/) || Shop [Internationally](https://www.reddit.com/r/Superstonk/comments/vyyzmx/gamestop_retail_international_nft_game_informer/) || [NFT Marketplace](https://nft.gamestop.com)
+
+GameStop [Investor Relations](https://news.gamestop.com/)
+
+# 🙋 ​[What's GME & should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+# 📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+>A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you
+
+# 🟣 [Computershare Megathread](https://redd.it/vp01of)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+# 🥢 [4:1 Split/Dividend Megathread](https://redd.it/vtvbl8)
+
+>On July 6, 2022, GameStop Corp. (the “Company”) issued a press release announcing that its Board of Directors had approved and declared a four-for-one stock split in the form of a stock dividend. Each Company stockholder of record at the close of business on July 18, 2022 will receive three additional shares of the Company’s Class A common stock for each then-held share of Class A common stock, to be distributed after the close of trading on July 21, 2022.
+
+# 🏴‍☠️ [NFT Marketplace & Wallet Megathread](https://www.reddit.com/r/Superstonk/comments/vluysg/gamestop_nft_marketplace_wallet_megathread/)
+
+>Why is GameStop getting into NFTs? *WTF* even is an NFT? How do I set up a GameStop Wallet? How do I get a cool/custom wallet address? All these questions and more are answered here!
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for user flairs, find [custom emoji options here](https://www.reddit.com/r/Superstonk/comments/v89p0h/new_superstonk_user_flair_emojis_how_to_edit_your/)
+Just found out my sister (45) met a man on words with friends (Scrabble with strangers). He claimed he lives in Dubai and has a 13 yo son. So this man allegedly works in the oil business and had to travel to the UK for work, in the UK he falls ill and is hospitalized. now the son is asking for $500(USD) to transport the sick man to a better hospital. Now my sister said she's not sending but she's not walking away either so im concerned that they will push for money again and she will fold.
+This whole situation threw up so many red flags for me right away. Has anyone seen this scam before? Any input on hiw I go about talking to her, my concern is that she is emotionally invested and I want to help her without her feeling like a fool or broken hearted if that's even possible.
+
+Edit: thank you all for the reassurance that im not being over paranoid, I really appreciate it.
+First let's get something right.
+
+El Salvador is not down 15 million on Bitcoin investment. That's fake news. El Salvador will more than make up for it from mining.
+
+El Salvador is also not "investing" in Bitcoin. El Salvador is looking to leverage it's rich natural geothermal energy resources to transition to a Bitcoin economy.
+
+Bitcoin city will be a circular economy where locally everything will be priced in sats. So you can shove your US dollars.
+
+The only people who care about dollar price going up and down are people still treating Bitcoin as an investment. You're buying with the intention of selling at a higher price.
+
+Some of us have no plan to ever sell bitcoin. We have already moved on to a superior monetary system where no central authority can print money for free out of thin air which other people are forced to work for and pay taxes. Everybody must prove they worked for money.
+Does anyone have any additional information on this recent news?
+
+https://www.cnbc.com/2020/09/11/jpmorgan-trade-private-shares-of-mega-start-ups-including-spacex-robinhood-and-airbnb.html
+
+>That caused institutional investors including hedge funds to ask JPMorgan to source stock in private companies, including the Elon Musk-led SpaceX, Airbnb, Robinhood, Palantir and even TikTok
+
+ 
+
+I'm curious if this will be Chase owned stocks and we're investing in a fund or if it is direct investments with a middle man transaction fee.
+[TRANSUNION: Best Tenant Screening Articles of 2020](https://www.mysmartmove.com/SmartMove/blog/best-screening-articles-roundup.page?utm_source=Iterable&utm_medium=email&utm_campaign=jan_msm_content_2021)
+
+I don't do much rental work in my practice, but when I do, I use TransUnion to run the credit and criminal checks on prospective tenants.  This allows the following process points:
+
+1. Input prospective tenant email addresses (one for each adult tenant responsible for payment)
+2. Prospect receives email from Transunion requesting SSN, address, employer, etc and tenant pays the $40 TU fee.
+3. Transunion, within an hour of tenant's response, sends me results with recommendation to accept/reject.
+
+I would still need to call to verify employment and current landlord comments.  I've found the TransUnion algorithms to be robust and reliable.  For security, I never see the SSN of prospective tenants which is one less piece of data I need to protect.  I do see SSNs on accepted tenants on their rental application once they are chosen.
+
+Anyone have anything better?
+I am an inexperienced real estate investor. I offered the seller 20k over asking on a multi family unit.  Upon inspection we found leaves and soil that had washed up from the toilet and sewer line in the basement.  the seller refused to investigate or remedy this issue. There may be a break in the pipe and this is a costly repair in this city.  He clearly has knowledge of this issue and hasnt disclosed it. What are my options before we head to closing?  The seller also refused to have the stucco exterior examined for moisture behind the walls when theres issues with the flashings on the roof. Is this customary and prudent business practices for sellers when they’ve received above asking price. He is not even willing to offer a credit.
+Unlike China.......
+==================================================================================
+Ignore news designed to get your attention and to promote fear.
+America never suppresses Innovation.
+Innovations start and flourish in America.
+==========
+When they (the banks and recent crackdown on customers) fear you, they try to suppress you. But wait, innovation always wins.
+==========
+
+Highlights from tomorrow's testimony from Securities and Exchange Commission Chairman-
+
+1. "These warnings are not an effort to undermine the fostering of innovation through our capital markets –**America was built on the ingenuity, vision and spirit of entrepreneurs who tackled old and new problems in new, innovative ways**. Rather, they are meant to educate Main Street investors that many promoters of ICOs and cryptocurrencies are not complying with our
+securities laws and, as a result, the risks are significant."
+
+2. "Through the years, technological innovations have improved our markets, including through increased competition, lower barriers to entry and decreased costs for market participants. **Distributed ledger and other emerging technologies have the potential to further influence and improve the capital markets and the financial services industry**. Businesses, especially smaller businesses without efficient access to traditional capital markets, can be aided by financial technology in raising capital to establish and finance their operations, thereby allowing them to be more competitive both domestically and globally. And these technological innovations can provide investors with new opportunities to offer support and capital to novel concepts and ideas."
+
+3. "Said simply,**we should embrace the pursuit of technological advancement, as well as new and innovative techniques for capital raising**, but not at the expense of the principles undermining our well-founded and proven approach to protecting investors and
+markets."
+
+==================================================================================
+Highlights from Commodity Futures Trading Commission Chairman
+
+1. "Traditionally, there has been a need for a trusted intermediary – for example a bank or other financial institution – to serve as a gatekeeper for transactions and many economic activities. **Virtual currencies seek to replace the need for a central authority or intermediary with a decentralized, rules-based and open consensus mechanism.  An array of thoughtful business, technology, academic, and policy leaders have extrapolated some of the possible impacts that derive from such an innovation, including how market participants conduct transactions, transfer ownership, and power peer-to-peer applications and economic systems.**"
+
+2. "...In fact, virtual currencies may be all things to all people: **for some, potential riches, the next big thing, a technological revolution, and an exorable value proposition; for others, a fraud, a new form of temptation and allure, and a way to separate the unsuspecting from their money.**"
+
+3. "The CFTC and SEC, along with other federal and state regulators and criminal authorities, will continue to work together to bring transparency and integrity to these markets and, importantly, **to deter and prosecute fraud and abuse**. These markets are new, evolving and international. As such **they require us to be nimble and forward-looking**; coordinated with our state, federal and
+international colleagues; and engaged with important stakeholders, including Congress."
+
+4. "**We are entering a new digital era in world financial markets. As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response. The evolution of these assets, their volatility, and the interest they attract from a rising global millennial population demand serious examination.**"
+
+5. "**With the proper balance of sound policy, regulatory oversight and private sector innovation, new technologies will allow American markets to evolve in responsible ways and continue to grow our economy and increase prosperity. This hearing is an important part of finding that balance.**"
+
+
+Edit: I am adding the link to the documents posted on US Senate Commission on Banking, Housing and Urban Affairs Website
+(https://www.banking.senate.gov/public/index.cfm/2018/2/virtual-currencies-the-oversight-role-of-the-u-s-securities-and-exchange-commission-and-the-u-s-commodity-futures-trading-commission)
+Guten Morgen to this global band of Apes! 👋🦍
+
+I apologize for the late start, but thank you all for understanding.
+
+It is clear that the Institutional Shorts are desperately driving the price downward. With borrow rates still incredibly high, I am wondering if they might have been saving up some ammo in recent weeks to try to sustain this kind of downward pressure. One thing is clear to me: Apes are *not* fatigued, and with the stream of DRS posts I am certain that we continue to lock the float away in ComputerShare.
+
+Regardless of what they do to the price, the only impact I see is to those who are still throwing money at options plays. GME had quickly gone well above 'max pain', and the SHFs gain the most when the weekly price ends at that level. I have a hunch that much of what we are seeing is intended to help them stay afloat a bit longer by getting back toward maximum profitability on options.
+
+Will their gambit succeed? Let's see if we can glean any insight!
+
+Today is Friday, June 10th, 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: **$129.69 / 120,72 €**  *(volume: 406)*
+- 🟩 115 minutes in: $129.66 / 120,69 €  *(volume: 381)*
+- 🟩 110 minutes in: $129.64 / 120,67 €  *(volume: 381)*
+- 🟥 105 minutes in: $129.42 / 120,47 €  *(volume: 381)*
+- 🟩 100 minutes in: $129.54 / 120,58 €  *(volume: 379)*
+- 🟥 95 minutes in: $129.37 / 120,42 €  *(volume: 379)*
+- 🟥 90 minutes in: $129.61 / 120,65 €  *(volume: 379)*
+- 🟥 85 minutes in: $129.67 / 120,70 €  *(volume: 379)*
+- ⬜ 80 minutes in: $129.73 / 120,75 €  *(volume: 350)*
+- 🟥 75 minutes in: $129.73 / 120,75 €  *(volume: 346)*
+- 🟥 70 minutes in: $129.75 / 120,77 €  *(volume: 333)*
+- 🟩 65 minutes in: $130.09 / 121,09 €  *(volume: 300)*
+- 🟩 60 minutes in: $129.85 / 120,87 €  *(volume: 300)*
+- 🟩 55 minutes in: $129.81 / 120,84 €  *(volume: 300)*
+- 🟥 50 minutes in: $129.79 / 120,81 €  *(volume: 288)*
+- 🟥 45 minutes in: $130.08 / 121,08 €  *(volume: 288)*
+- 🟩 40 minutes in: $130.38 / 121,37 €  *(volume: 287)*
+- 🟩 35 minutes in: $130.13 / 121,13 €  *(volume: 265)*
+- 🟩 30 minutes in: $129.46 / 120,51 €  *(volume: 126)*
+- 🟥 25 minutes in: $129.46 / 120,50 €  *(volume: 126)*
+- ⬜ 20 minutes in: $129.62 / 120,66 €  *(volume: 57)*
+- 🟩 15 minutes in: $129.62 / 120,66 €  *(volume: 57)*
+- 🟥 US close price: $128.98 / 120,06 €   *($128.00 / 119,15 € 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 1.0743. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I have to move every 3-4 years for work, and so does everyone else I work with (military).  A LOT of coworkers buy and sell a house at each duty station, because someone told them, “Since you never see rent money again, buying a house is usually the better financial decision.”  And I’m here to tell you that’s BS when you’re buying a home for a short time (less than 4 years).  **Just like rent,** there is a lot of money going out the door when you _own_ a home **that you’ll never see again.**
+
+Traditionally, owning a home is pitched as a good investment, because you build equity in the home by paying off the mortgage principal.  True statement.  But consider all the rest of the money you have to shell out along the way to do that:
+
+* Mortgage interest (this is usually the largest piece of the pie, especially early in the mortgage)
+* Property taxes
+* Home owner’s insurance (HOI) 
+* Flood insurance
+* Mortgage insurance (if your downpayment was less than 20%)
+* Maintenance/repairs
+* Condo or HOA fees (for those types of communities)
+* Realtor/lawyer fees when selling (and sometimes buying)
+* Closing costs (buying and selling)
+
+In some cases, these can total to be more than what it would cost you to rent a similar place, especially over a short time horizon (less than 4 years).  The reason for this is because the interest on the mortgage is the greatest amount when the principal of the mortgage is still high (i.e., early in the mortgage).
+
+Taking a completely arbitrary example (but using realistic numbers), let’s say you can afford a $250K home, you have $25K (10%) to put on the downpayment, with a 30-year fixed rate mortgage at 4.50%.  The property tax rate in your area is 2.00%.
+
+If you put that info into a mortgage calculator, it will say your mortgage payment is $1140/month (which includes the interest on the mortgage, plus your principal payment).  “Sweet!” you say, because that’s pretty affordable for a $250K home.  But wait.
+
+* Property tax = $4500/year = $375/mo
+* HOI = $87.50/mo (Source: Zillow, $35/mo per $100K of home value)
+* Flood insurance = cost can vary from $0 to a LOT (over $100/mo)
+* Mortgage insurance = $93.75/mo (assuming 0.5% of borrowed amount of $225K)
+* Maintenance/repairs = $2500/year = $208/mo (based on 1% of home’s value to use or save toward repairs)
+
+How much you might spend on realtors, lawyers, and condo fees is completely dependent on the situation, and I won’t swag those numbers here.  Hopefully I’m able to make my point without them—just keep those costs in mind if they apply to your situation.
+
+Now, if you total all of that up, what you get is: $1904 and change per month to own.  Plus, you’re building equity in the home!  All the better.  But if you take a closer look at that mortgage payment of $1140, there’s something important.  How much interest are you paying versus principal in that $1140?
+
+You can’t quantify this as a set number, because it changes every month.  When you make a payment, part of the principal is reduced, so the interest on the principal is less the next month.  But you can average it out over set periods of time.
+
+In this example, with your very first $1140 payment you pay $844 in interest and $296 towards equity.  Over the first year, you will have made $13,680 in total mortgage payments; $10,050 of that will have been purely interest on the loan.  Only $3630 will have been equity in your home.  After 4 years, the numbers are $54,720 total, of which $39,170 is interest and $15,550 is equity.  In that 4 year span of time, the average amount you paid in mortgage interest **per month** was $816 ($39,170 divided by 48 months).
+
+So, the final analysis has to be: once I tally all the money that goes out the door when I buy, is it more or less than what I can rent (which is also money out the door)?  In this example:
+
+* 816 (average mortgage interest over 4 years) +
+* 375 (taxes) +
+* 87.50 (HOI) +
+* 93.75 (PMI) +
+* 208 (repairs fund) +
+* Any “other” costs (lawyer, realtor, condo, flood insurance, etc.)
+
+Total = $1580, plus “other” costs.  (Yes, I acknowledge some will say $200/mo for repairs is a lot, but you have to budget for repairs somehow, and a good rule of thumb is 1% of the value of the home per year.)  
+
+**If you can rent a place that fits your needs for $1580 or less, you’re doing better renting the place than you would if you bought the $250K house in this example.**  You can invest/save what equity you would be building, plus you don't take on the risk of owning the home (depreciation, unforeseen costs).
+
+**TL;DR** – Yes, you never see your rent money again, but there’s a ton of money when you own a home that you never see again either.  You need to make sure the dead money when owning is less than the dead money when renting.
+
+http://venturebeat.com/2016/11/14/apples-stock-falls-after-china-warns-about-trumps-possible-tariffs/
+
+Tech stocks are so tech...
+
+>In a continuation of that trend, the Cupertino, California company’s stock fell 2.5 percent on Monday, bringing its loss since Tuesday’s election to almost 5 percent, compared to the S&P 500’s 1.16 percent advance.
+In February and March of 21, when the situation was clearly out of control, what did they do?
+
+They attacked the subreddits, flooded them with bots and shills (We have more protection against that now, but they're slipping through) and then attacked the price in wild ways that- I don't even know if they were unprecedented, but they were sure fucked up and illegal as hell.
+
+We haven't seen this same behavior in a long while. My guess is, it was expensive, and risky.
+
+I'm assuming we're seeing this 'show of force' now because they're going to give it one last big go to try and get us to sell. They literally have no other choice.
+
+But that is all they can do. They can't actually compel even a single ape to sell, because we already know that hodling and drs'ing are the win conditions. Period.
+
+So just remember this, when they take the sub down. Remember when they mock us all across reddit and on the news for being uh.. whatever, a meme cult or some shit. Remember that none of your fellow apes are selling, because we will literally never have to. Remember that we found each other many times before and we will do so again, whether on reddit, on the moon, or on Uranus.
+
+This is the landscape of the endgame. They will do many things to try and survive. We only have to do the same 3 things we've been doing for the last 69 years. Buy. Hodl. DRS.
+
+Love you guys.
+
+EDIT: It's also worth mentioning, that until the MOASS; until we go "PARABOLIC," the best thing that can happen is a discount. What would you rather see on monday really? $45? Or $5? Because I know my answer. 
+I am curious how many people pay for stock screeners or some other premium stock platform.
+
+Here's my questions:
+
+1. What is the platform?
+2. How much do you pay? 
+3. How long have you used it?
+4. Why do you use it and has it helped?
+
+I'd love to hear what our community uses and why.
+Reading through Duncan Park's book on Alibaba... published in 2016. Last few chapters address a lot of the risks that people raise with BABA such as the VIE structure, the spinoff of Alipay outside of BABA into Jack Ma's personal holding company, the fact that "share holders" don't actually own shares in the company in the traditional sense, and company internal corruption allegations etc. 
+
+However these points were raised and known in 2016 and the stock still ran up to 2-3x its current market cap despite these risks. 
+
+My question now is what other factors are at play that account for the current beatdown? 
+
+The three I can think of: 
+
+1) tech crackdown and its implications
+
+2) questions re: false accounting.. but I would think this has also been there from the beginning. If it didn't prevent a run up then why should you assume it will in the future?
+
+3) new corruption allegations being hinted at via this: [https://www.bloomberg.com/news/articles/2022-02-21/china-tells-banks-soes-to-report-exposure-to-jack-ma-s-ant](https://www.bloomberg.com/news/articles/2022-02-21/china-tells-banks-soes-to-report-exposure-to-jack-ma-s-ant)
+So ive been banging rocks together with this for about 6 months now, like many i saw what Buffett has done with his time - saw he had good game and figured; why dont i try and learn his game?   
+
+
+So semi-mistakenly, i bought a rather dense albeit short book; The Midas Touch, the strategies that have made Warren Buffett the world's most successful investor, by John Train and ive chewed my way through it, good read makes the it seem obvious which i appreciate because i hate it when people paint things overly complicated way that make their understanding or approach almost unattainable to anyone unworthy   
+
+
+just wondering what else i should sink my head into, i like trawling the web, investopedia type places and forums, such as we find ourselves in here or yahoo type places; but if anyone happens to have some recommended reading or other useful resources to pour sometime into that would be awesome
+So ive been banging rocks together with this for about 6 months now, like many i saw what Buffett has done with his time - saw he had good game and figured; why dont i try and learn his game?   
+
+
+So semi-mistakenly, i bought a rather dense albeit short book; The Midas Touch, the strategies that have made Warren Buffett the world's most successful investor, by John Train and ive chewed my way through it, good read makes the it seem obvious which i appreciate because i hate it when people paint things overly complicated way that make their understanding or approach almost unattainable to anyone unworthy   
+
+
+just wondering what else i should sink my head into, i like trawling the web, investopedia type places and forums, such as we find ourselves in here or yahoo type places; but if anyone happens to have some recommended reading or other useful resources to pour sometime into that would be awesome
+In theory, it's recommended by advisors to use your taxable brokerage to invest in low-cost, low turnover index funds, and if you plan on doing active investing (stock picking), to use tax-advantaged accounts such as a Roth IRA for that.
+
+I'm wondering, do most of the followers of this subreddit follow this strategy?
+
+Edit: By active investing, I meant more so picking stocks and holding for 5+ years and then re-evaluating the position. Not trading within a calendar year. In other words, picking stocks for long term holding.
+Title says it, when I search for "industry_name report" usually I don't get anything valuable... Lots of garbage sites requiring membership or payment...
+Up until the video about meme stocks, GG hadn’t done anything overtly malignant to the GME crowd.  He withheld vital information on the GME report, but he at least is giving lip service to retail.  That video was sanctioned by the US Government.  As wildly inappropriate as it is.  GG does BlackRock’s bidding because the US Gov is beholden to them after the 2008  disaster, and they are the only ones who would be able to get something like that from the US government.  
+
+
+Wonder what GG’s big deal with climate issues and crypto regulation is while Wall Street burns? Guess who else is interested in these topics.  
+
+[Blackrock on Crypto](https://www.coindesk.com/business/2022/03/24/blackrocks-fink-says-ukraine-war-could-accelerate-crypto-adoption-report/?outputType=amp)
+
+[Blackrock on Climate](https://jacobin.com/2022/04/blackrock-climate-crisis-finance-fossil-green-esg-investments)
+
+Blackrock is the Big Bad.  With its ALLADIN software it’s sold to millions to cheat retail out of money using complex derivatives and massive over-leveraging, they own the government and the markets. 
+
+The fact that the government is being so blatant about its abuses leads me to believe we are a much bigger problem for them than they want to lead on.  
+
+Hold.  Buy shares when you can.  DRS. CAREER 50 YEARS OF EMPLOYEES ARE LEAVING. It’s working. We are watching the collapse of the US economy before it even happens, and everything they’re doing just confirms it.
+The primary driver that brought me to FIRE is to achieve a sense of security. I realized I will not be able to work the way I do for a long time and I need to find a way to live without having to work. The sooner that can happen the better.
+
+Most financial literature I've read, and I'm a huge jl Collins fan, talk about renting being a better route to get financial returns than home ownership. Yet I have a strong urge to own a home to satisfy that need for security. As much as it rationally makes sense. I desire a stability in my living expenses.
+
+Has anyone experienced this too? The fact that my emotions trump rationale here makes me feel I won't find the security even after I hit that SWR. The other day I was thinking how much it will hold in the new climate change devastated world we're entering. I'll always find reasons to believe I can't RE.
+Look, I hate to sound like a crappy kid, but my mother and her husband (not my father) have always considered themselves financial gurus and haven’t made great choices. Their retirement plan involves way too much of ME. I just want to protect myself and my family because we can’t afford to float them for their poor choices. 
+
+Background— my mother met my stepdad and carried nearly $20k in CC debt with her from her previous marriage. She also was getting a huge discount on rent because the landlord (also her boss) was feeling sorry for her situation. My stepdad owns his own small business, and believes cash is king. He had a nasty divorce himself, having to buy back his house from his ex, essentially paying a mortgage on it twice. Mom was making like $30k when they met, he was making $100-120k. 
+
+He’s older now(58) and his hard manual labor self employed business is taking its toll on him physically. I don’t think he’s breaking $100k anymore. I’d say $60-80k now that he’s slowing down. But his income is 100% tied to how much he wants to work. He also cuts grass on the side but that’s probably under $10k income a year. He has been the type to prefer cash transactions, did not even invest in retirement and I honestly don’t even know if he is paying in to social security. He just recently got added to my moms health insurance. 
+
+My mom(53) now has a state job making like $50-55k a year. Maybe there 3 years? She only contributed 5% of her pay to retirement to get the match, but has like 8% or something a paycheck that goes to her pension. She told me her retirement is currently down to like $70k right now. She refuses to add more because “the way the market is I don’t wanna be locking money up and it not benefitting me”. 
+
+They still live a comfortable life.  He recently just purchased a $30k toy he’s making payments on, and a $12k lawnmower. They took a month long vacation in 2019 to tour the country, and it cost them like $10-15k. They intended to do the same again soon, and potentially yearly. 
+
+For them, retirement is an age, and my stepdad intends to retire by 62-65 at the latest. My mom will probably be retiring by 63. I have been trying to figure out how they will accomplish this, and they finally told me they intend to reverse mortgage the house. I’d estimate it to be $700k max in this market. Once they pass away, they intend for ME to buy the house back from the bank. (That’s no where in my plan). They are adamant on this part. 
+
+Let me add that my mother is not on the deed for the house either. She talked about getting some living estate drawn up to protect her if he passes first, but he doesn’t sound game.  He doesn’t think it is necessary. Neither have a will either. I don’t know how any of this works. 
+
+Look I think this is all a bad idea, especially with their retirement plan of traveling the country, but I’m not here to fix them. If I can give them guidance, great, but I don’t want to be saddled with debt or them providing my social for any “deal” they intend to set up. Unfortunately they have tried that before. How can I protect myself? 
+
+Also, how the heck do I help them without financially help them? What guidance can I give them? I don’t even know where to start. I foresee them going broke and knocking on my doorstep begging to be let in, but we can’t afford that. Not now, not in the future. We will have children and our forever home doesn’t have space for them. What happens to people who try to retire and run out of their money? If they reverse mortgage the house, would they then be homeless? I don’t know how it all works but it all stresses me. They are the type of people who believes their children should care for them no matter what if they need help. But I have warned them many times I cannot be their retirement plan.
+
+EDIT - so this post took off way past what I expected. Some notes:
+
+Thank you for those who took time to outline how a RM works, and guidance I can provide my mother (if asked!). 
+
+I have no want or desire for “what I will get” out of them. I WANT them to live in their home, happily, and die at a happy old age in their comfort place. Then I want the bank or state or whoever to go ahead with the house. I don’t need it. I don’t really want it. It’s not about the money (because we could def use money). But that’s not MY money so it’s not for me to worry about. Therefore I just assume a $0 inheritance and am perfectly content with that. Ideally they should spend every last dollar on themselves making themselves happy. But I just fear they will outspend their money and will come to me seeking my financial support. And I can’t be that for them. In no fashion. Financially, and based off poor relationship/history there. I won’t do it. 
+
+I realized more so that this is also just a big relationship issues question, more than I wanted to believe. I was dancing around the thought of how do I turn my elderly parents away, who have squandered away all their funds through poor choices, and still sleep at night. If this was a healthy relationship, and didn’t have so many poor past experiences, I’d probably save a lot of money on therapy and not be here asking this question. But it truly is a relationship issue that unfortunately blends into financial issues when boundaries are not upheld. So I will speak with my therapist on this topic again. I will work on constantly reminding them of these boundaries when THEY bring this conversation up, and remain firm. 
+
+I appreciate everyone who took the time to reply. I read every comment and tried to process it.
+China confirmed reports that it was pulling out of U.S. agriculture as a weapon in the ongoing trade war. 
+
+China is one of the largest buyer of U.S. agriculture. Bloomberg News reported that Beijing may stop importing them completely in response to new tariffs by the United States. According to reports by Chinese State media, it may also slap tariffs on U.S. agricultural products that it already bought. 
+
+https://www.cnbc.com/2019/08/05/china-confirms-it-is-suspending-agricultural-product-purchases-in-response-to-trumps-new-tariffs.html
+This post is adapted from the video "10 Ways Traders THINK" by Risk Premium. It's a list for BEGINNERS of ten ways traders think about their positions and the market, some of which are fairly obvious and some of which are a bit less intuitive. Overall the most interesting aspect of trading, in my opinion, is what sets it apart from "investing" in people's minds. There is inherently a lot of overlap, but the trading mindset and investing mindset are sometimes distinct. Anyhow, here are 10 things constantly on traders' minds as they go about their day in the markets. Enjoy.
+
+**10 - Traders think they know NOTHING** 
+
+A good trader constantly reminds themselves that there is so much they DON’T know. Bad traders think they know everything and will constantly be surprised when things don’t work out the way they expect. Smart traders are constantly looking for ways that their ideas could be wrong, challenging themselves to see the flaws in their own thinking. The ancient Athenian philosopher Socrates was credited with immense wisdom because instead of proclaiming what he knew, he merely admitted that he knew nothing. This is how good traders need to think. For example, instead of thinking, “This stock is going to rise because product sales will hit a record next quarter” a good trader understands they CANNOT be certain about what the sales are going to be; and therefore, their attention shifts to things that could help to change their assumptions. What warning signs could they look for that would tell them product sales are not going to meet their expectations? Perhaps information from suppliers of raw material, or evidence from retail stores that confirm actual purchases. Good traders think they know NOTHING FOR CERTAIN and constantly seek to validate or reject their assumptions.
+
+**9 - Traders think about the opportunity cost of their money**
+
+A good trader understands that there are many possible trades to make at any moment, but each dollar can only be used for one trade at a time. The trader must therefore consider the other opportunities that their money could be used for, and shouldn’t make a trade that makes less profit than an alternative opportunity. For example, if the trader’s money is sitting in an investment safely making 10% each year, they shouldn’t take any other trade unless the expected profit is more than 10%. Whatever is the trader’s best, safe alternative for their money at any time represents the opportunity cost of their money. A good trader knows their opportunity cost and constantly deploys their money in the best trades available to them at any time.
+
+**8 - Traders think losses are inevitable**
+
+Bad traders expect to win with every trade, and are therefore surprised when they sometimes make losses. Good traders, on the other hand, know to expect occasional losses. Smart traders understand that the market is outside of their control, and their only job is to win more than they lose—NOT to stop losing entirely. In fact, many good traders intentionally take many trades that will be almost surely lose, as long the reward for winning on just one of the trades is so great that it will make up for all the other losses. This is especially the case with options traders, who sometimes create trades that will lose money week after week, until one day, the trade makes back all of the losses plus a large profit. Traders who think that losses are inevitable will not be surprised by anything the market throws at them. 
+
+**7 - Traders think in terms of risk and reward**
+
+Profitable traders understand that every asset can go up or down, and that the probabilities of moving higher or lower can be different. Taken together, the potential increase in the price, multiplied by the probability of the increase happening, represents the potential reward of betting on the asset. On the other hand, the potential decrease in the price, multiplied by the probability of the decline happening, represents the risk of betting on the asset. It takes skill and practice to estimate how high or low an asset could go, and what the probabilities are of each outcome, but getting it right is something that traders take very seriously. Good traders only make bets when the potential reward outweighs the potential risk.
+
+**6 - Traders think the market’s purpose is to send price signals**
+
+A lot of people think the market is just a place for buyers and sellers to meet and transact. But good traders understand that the market’s purpose isn’t just to get transactions completed, it’s to clarify at what price the transaction happens. In the stock market, this price is publicly available for all to see, and it sends a valuable signal to all different parts of the economy. When stocks are valued highly, they send a signal to entrepreneurs to start new companies in that sector or industry, which increases competition and makes the economy more efficient. When stocks are valued low, they send a signal that companies might be better off breaking up into pieces and selling them off individually, which discourages the formation of large companies and may slow the economy. Good traders use the signals from stock prices and pair them with signals about the economy in order to make better decisions about their trades. For example, if a trader thinks the economy is running at an unsustainably high pace, then high-priced stocks may be overvalued as the economy will eventually slow down, so the trader may want to sell. But if stocks are highly priced and the economy still has room to expand in a sustainable way, it might be a good idea to keep owning those stocks. Outside of the stock market, in the commodities market, for example, prices also send valuable signals. When the price of oil is low, it sends a signal to oil producers to stop drilling wells, which lowers supply. Low prices also encourage people to use more oil, which increases demand. When supply gets low enough and demand gets high enough, traders then place bets on a recovery in oil price. Smart traders use the signals that prices tell them about assets and combine them with other information in order to come up with sound trading strategies. 
+
+**5 - Traders think about the risk of their entire portfolio, not just the risk of each individual position**
+
+This is important. Bad traders think of each of their trades as individual positions with their own risk and reward characteristics. This is true, but it’s an incomplete picture and good traders know how to broaden their scope of understanding. Good traders look at the overall characteristics of the entire portfolio, including the ways in which different trades interact and relate to each other. For example, buying several stocks in the same sector, such as technology, will create a portfolio in which all of the trades move in a similar fashion. This portfolio will have a similar risk and reward profile to any one of the individual trades within in. On the other hand, buying stocks across multiple different sectors assures the trader that their entire portfolio has different characteristics than any single trade within it. Good traders determine how the addition of a new trade will impact their entire portfolio’s risk and return profile, instead of just considering the trade on its own merits. 
+
+**4 - Traders think about the worst that could happen**
+
+The worst possible thing that can happen to a trader is that their trades go so badly, they lose the ability to make new trades. The most direct way this happens is by losing all of the money they have to trade with. Preventing this from happening is always on the mind of good trader. Smart traders prepare for the worst by having a plan to exit positions before losses become unsurmountable. For many traders, this involves implementing what is called a stop-loss, or an automatic sell order that gets triggered if an asset they’ve bought dips below a certain price level. By using stop-losses appropriately, good traders are prepared for the worst.
+
+**3 - Traders think good news can be bad news and bad news can be good news**
+
+Bad traders often get hung up on the news flow about the assets they trade, eager to buy when there is good news and sell when there is bad news. But good traders know that the news alone can be misleading. After all, what moves the price of stock, for example, isn’t whether the news is good or bad. It’s how good or bad the news was, relative to what was expected. Say, for instance, a popular new clothing brand is about to release its earnings figures. Everyone expects sales to be up from the previous quarter. However, when it’s revealed that sales increased 20%, the stock plummets. Why? Rising sales is always good news, but the markets was probably expecting even better news. For traders, news is only good if it’s better than what was expected. Likewise, bad news is only actually bad if it’s worse than what was expected. Smart traders understand the difference, and don’t get caught wrong-footed by buying and selling incorrectly with every new article that comes out.
+
+**2 - Traders think companies, executives, and reporters sometimes stretch the truth or spread rumors**
+
+Naive traders take everything they read at face value. If a penny stock company says it’s going be worth $10 billion dollars some day, these un-savvy traders take them at their word any buy blindly. Good traders understand that everything they hear and read has to be taken with a grain of salt. These smart traders are always asking themselves, what is the motivation of the person expressing a particular opinion? Do they have something to gain by convincing me that a certain trade is a good or bad investment? Even other traders can be the source of misinformation. There is a phrase used to describe traders who try to convince you to make the same trades they have themselves. It’s called “talking their book.” Their book, or portfolio of trades, would perform better if everyone bought what they bought and sold what they sold. Traders who talk their book are only trying to convince others to make the same trades they’ve made; their not necessarily trying to give anyone accurate or useful information. That’s why smart traders think other people are not always completely honest, and act accordingly.
+
+**1 - Traders think that no one is responsible for their success and failure except themselves**
+
+A bad trader will find someone or someTHING to blame when their trades go wrong. Maybe they blame the management of a company they invested in when the company doesn’t perform as well as they expected. After all, it’s the company’s fault that it’s not doing well, right? Of course, but it’s not the company’s fault that the trader decided to buy the stock. If the trader had done better research, they could have uncovered clues that the company’s management team was unlikely to perform at the desired level. Good traders know that ultimately, the performance of their trades is up to them and only them. No one else is responsible for the trader’s positions. No one else can be held accountable when the trader loses money. This can be a tough pill to swallow for some traders, but when it’s embraced, it’s actually quite liberating. It means that traders are 100% in control of their own destiny. And that’s one of the greatest things about being a trader.
+
+**That's it. Chime in with a reply on YOUR trading philosophy and/or how you think it differs from the "investing" mindset.**
+I’m in my mid 30s. Drug use and gambling really destroyed my finances and credit in my 20s. My current score is 500. I’ve been sober now 3 years from opiates. Yay me. 
+
+1) Inherited 25k. Opened my first normal checking account in years. I then opened a credit karma account and checked my annual credit score from all 3. Paid off any debt that was still on there. This totaled around 4k. My old debt from my 20s is no longer there. There may be a judgement but I haven’t gotten any mail from them since 2017 so unsure if I should even contact them. This judgement is from a debt back in 2009. It is a 10k debt. Maybe contact and offer a settlement?
+
+2) I still have two student loans that total around 50,000 from when I was just getting out of high school. I haven’t called them yet but I plan to. Still worried one day I’m going to wake up with my bank account frozen. 
+
+3) I work as a painter making roughly $150-200/day. 
+
+4) I plan to move to my grandmothers trailer. It’s now in my mothers name. It’s paid off, but there is a land fee of 700/month plus propane and a few utilities. My father, who has a 820 credit score has agreed to co-sign for me. The only caveat is he wants a year in rent in advance. There is no risk here for him screwing me over fyi. I understand his demand based on his trust in me from things i did in my 20s, and while it sucks it will be nice to not have rent for a year. 
+
+5) Applied for secure credit card. First one got denied lol. Waiting on response from the second. Should I just go to a credit union? Open sky is an option, but I’ve heard I could wait a long time to receive the card. 
+
+6) The other thing I was thinking about was seeing if my father could add me as an authorized user on his CC. Does this work to boost scores? 
+
+7) The only “want” thing I bought so far was a new phone and some clothes. This has totaled $1000. 
+
+Thanks in advance!
+I hit a major FI milestone today - $1 million net worth ($1,010,261) - and wanted to share as encouragement for those like myself who constantly look at their projections, often daunted, wondering when they’ll hit certain points along the way.
+
+I used to graph out projected FI milestones on a near daily basis at work. I would feel overwhelmed by how far out those dates seemed. Rest assured, that time passes faster than you expect!
+
+Some background: I grew up in a family that struggled financially, living paycheck to paycheck. I began teaching and performing music for income at a young age (14) and would contribute to household expenses. My father was unemployed the vast majority of the time and I decided early on I didn’t want to have those same struggles over buying groceries later in life.
+
+I went to a fairly prestigious university - 95% covered through scholarship and work study. Thankfully didn’t graduate with much debt. I graduated college in 2009, at the bottom of the recession, which helped further instill a frugal lifestyle.
+
+After reading books like Walden I realized I need very little to feel fulfilled and happy. I would view it as a game, taking backpacking trips through foreign countries, not spending a dime of my own $ and playing street music to pay for hostels and meals. In 2012, despite having a decent job with $63k salary, and ~$90k saved up, I decided to sublet my apartment for 4 months and squatted in an abandoned building next to where I worked (extreme, I know). Notably I had a great time doing this and it wasn’t quite as destitute as it sounds.
+
+While on a high bike ride in a forest preserve one day (took a half day from work) I decided I wanted to have the option to bike, read, or travel whenever I wanted without the burden of day jobs. This is when I began aggressively formulating investment strategy and churning through the classic FI books and forums to reach that end-goal. MMM, MadFIentist, and Jlcollinsnh have been invaluable tools. It was so reassuring to hear about entire communities built around the FI concept.
+
+In 2013 I purchased a multi-unit apartment building that cash-flowed enough to cover all of my living expenses - with me living in the cheapest, basement unit. From that point on, 100% of every dollar I made could be invested. The Intelligent Investor and Four Pillars of Investing have been integral in shaping my portfolio over the years.
+
+From there it’s just been a slow build to today. I’m mostly an index investor and my paychecks go straight to my Vanguard account. It feels great having F-you money, as Jim Collins says. I quit a soul-sucking job this past year and took 8 months to myself as a trial FIRE. It was amazing. I expect to pull the trigger and officially FIRE sometime within the next two years.
+
+If it were just me I’d have FIREd years ago. Now my primary concern is covering my mother’s retirement in its entirety. If anyone has much experience in this area I’d love to hear it!
+
+TL;DR Surpassed $1 million net worth through extreme frugal living, a multi-family RE purchase to cover my living costs, and subsequent index investing.
+
+Guten Tag to this global band of Apes! 👋🦍
+
+The sub is awash with posts calling out Gary Gensler's interview on The Problem with Jon Stewart.
+Though many had hoped that Gary would prove to be a valuable ally of ours on the path to the MOASS, I think that most would now agree that he is unlikely to do so.
+He continues a legacy of weak regulation of Wall Street on the part of the SEC.
+That is what has brought us to this moment.
+
+Fortunately, we do not require the SEC's support in our endeavors.
+We know how to DRS.
+We are well on our way toward DRSing the float of GME.
+We have seen the impact that doing so has on GME.
+As we continue toward the close of the quarter (and the subsequent checkpoint in the quarterly report), let's show them the power of our Diamantenhände.
+
+Today is Thursday, October 13th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 120 minutes in: **$25.47 / 26,24 €**  *(volume: 610)*
+- 🟥 115 minutes in: $25.48 / 26,25 €  *(volume: 610)*
+- 🟩 110 minutes in: $25.48 / 26,26 €  *(volume: 610)*
+- ⬜ 105 minutes in: $25.47 / 26,24 €  *(volume: 610)*
+- 🟥 100 minutes in: $25.47 / 26,24 €  *(volume: 610)*
+- 🟥 95 minutes in: $25.47 / 26,24 €  *(volume: 507)*
+- 🟥 90 minutes in: $25.48 / 26,25 €  *(volume: 291)*
+- 🟩 85 minutes in: $25.57 / 26,34 €  *(volume: 289)*
+- 🟥 80 minutes in: $25.56 / 26,34 €  *(volume: 284)*
+- 🟩 75 minutes in: $25.57 / 26,34 €  *(volume: 284)*
+- 🟩 70 minutes in: $25.55 / 26,33 €  *(volume: 284)*
+- 🟥 65 minutes in: $25.55 / 26,32 €  *(volume: 284)*
+- ⬜ 60 minutes in: $25.58 / 26,35 €  *(volume: 188)*
+- 🟩 55 minutes in: $25.58 / 26,35 €  *(volume: 172)*
+- 🟩 50 minutes in: $25.53 / 26,30 €  *(volume: 172)*
+- 🟩 45 minutes in: $25.53 / 26,30 €  *(volume: 172)*
+- 🟥 40 minutes in: $25.53 / 26,30 €  *(volume: 146)*
+- 🟩 35 minutes in: $25.53 / 26,30 €  *(volume: 62)*
+- 🟩 30 minutes in: $25.53 / 26,30 €  *(volume: 22)*
+- 🟥 25 minutes in: $25.51 / 26,29 €  *(volume: 22)*
+- 🟩 20 minutes in: $25.53 / 26,31 €  *(volume: 22)*
+- 🟩 15 minutes in: $25.53 / 26,30 €  *(volume: 22)*
+- 🟩 US close price: $25.36 / 26,13 €   *($25.36 / 26,13 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 0.9706. 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!
+Growing up my parents haven't been very open with talking about money. I know its a tricky subject but I feel that because it was never spoken about in the house, it contributed to me being financially illiterate way longer than I should have been. Only in the past fews years (early 20s) have I begun to self-teach this stuff. What's your view on how open parents should be with their kids around finances? I suppose it is a difficult balance between letting them enjoy their childhood without 'real world' concerns VS preparing them for future adulthood?
+I saw vanguard had one but some people mentioned ICLN and TAN. all these letters are confusing me, do I watch videos? Do I read up on them? Also how much do I invest?
+I know we had the big global crash in 2008, I'm assuming that is what caused the big dip back then, but the ETFs value has not even close to recovered from its previous ATH price. This was also over a decade ago. Does anybody know why the industry was so highly valued back then, compared to know? for the longest time, the cost of this index was continuing to drop and then pretty much just going straight across, and it has only started to rise again in the last year. 
+
+​
+
+I'm looking into clean energy companies as it honestly seems a given that these companies will have to start performing, oil and gas can't continue forever. At the same time, I don't want to throw money away and the graph doesn't fill me with too much confidence, haha.
+I'm starting to build my ETF portfolio. In particular I'm interested in:
+
+iShares Edge MSCI World Quality Factor UCITS ETF
+ISIN: IE00BP3QZ601
+
+But I feel like the numbers in the factsheets don't add up. 
+
+* in 2016, According to the Ishares factsheet, the ETF yielded 14.08% ([source](https://www.justetf.com/servlet/download?isin=IE00BP3QZ601&documentType=MR&country=DE&lang=en)) 
+
+* But according to JustETF, it yielded 8.47% that same year ([source](https://www.justetf.com/de-en/etf-profile.html?isin=IE00BP3QZ601&tab=returns))
+
+* But then, according to MSCI's index sheet, it yielded 5.12% ([source](https://www.msci.com/documents/10199/344aa133-d8fa-4a15-b091-20a8fd024b65))
+
+Can someone please help me understand why these numbers are different? I'm very confused!
+I was reading an article about an investment manager who picked up a lot of bond ETF shares (from BlackRock) and when he did it it was considered crazy.  Why would bond ETFs specifically be considered a bad idea?
+Just a hunch. I'm sure someone can do a search for when it was first mentioned here and how it's grown in popularity. All it would take is regular anonymous accounts talking up the same fund.
+
+As my major investment, I have been accumulating ETFs on a monthly basis. I've never been a big fan of real estate because of all the effort it entails, but I'm starting to think I'm overlooking better opportunities. 
+
+How can ETFs compete with leverage's "power"? Buying a house with someone else's money and renting it out so that someone else “pays” the loan... Doesn't it appear to be a decent deal? 
+
+I haven't done any proper math yet. However, I'd want to hear your thoughts.
+I've been lurking on this sub for a while and it seems  like Vangaurd funds in general and VTI in particular get the most love. Is there a reason why you guys prefer VTI over the other total market index funds, like ITOT? I'm not knocking Vanguard, just curious. To me they very similar in terms of holdings, expense ratio, etc. I know VTI has more assets so I'm guessing people like the liquidity? I was thinking that ITOT has an advantage in that its share price is lower so you can buy more shares with the same amount of money. Any one want to share their reason for preferring VTI?
+I realize VTI basically includes what VOO covers in addition to mid and small caps. Does it make sense to do both or one or the other. I’m new to ETFs, and basically looking for a long term strategy. I’m 29 and looking to build wealth with a consistent buying pattern. I’m looking for diversification, somewhat limited risk and consistency. Thanks!
+I want to buy ETF for Agricultural land (farmland) - is it the best hedge for inflation? Where to buy farmland ETF or farmland REIT? Please write a ticker, if it will be available on Etoro or Trading212 for European investors, I will be very grateful, thanks.
+The 741 stuff has been all the rage for months.  As it was unfolding, with the two tweets, the speculation was intense.  Since, it's turned into some serious tin foil hit shit.
+
+One thing that struck me as weird is how everyone was waiting for the third tweet to hit at 7:41...instead it hit at 7:51:
+
+​
+
+[Take a closer look guys...](https://preview.redd.it/38s07z9p8bt71.png?width=586&format=png&auto=webp&s=b7680d7855cc211feffab9ea5f14f50b1acba225)
+
+​
+
+[Here is the 741...once everyone was good and looking for it...then we got a 7:51 tweet.](https://preview.redd.it/nfobxm6v8bt71.png?width=717&format=png&auto=webp&s=781e8d067dbb843d908309fccb1cbfed3dcb8e92)
+
+Reading through these definitions for terms that appear in Section 741, I stumbled across this little section, defining what "Customer Property" is.  Considering liquidation is on the table for brokers that don't actually have our shares, this definition likely holds some importance.
+
+​
+
+[Standing out is the Section 751 link...](https://preview.redd.it/mlawojbd9bt71.png?width=624&format=png&auto=webp&s=dd73c940edc31c68200c9e7b4ce8d27e74a2e814)
+
+Surprise, surprise...
+
+​
+
+[As opposed to Street name securities?](https://preview.redd.it/cf7wrowj9bt71.png?width=715&format=png&auto=webp&s=bfa0446e036d7d93015bf5d9c3b416151ffe9223)
+
+Could use some wrinkle brains here.  Perhaps this has already come to light?  I don't recall anyone making a big stink about 751, so that's the connection I'm trying to decode.
+
+Anyone familiar with Chapter 7 code that can help us understand how the treatment of Customer name securities might be different from other Customer Property?
+
+I'm no expert in legalese, but this next section reads like Customer Property claims are simply pooled with all the other claims and doled out in a priority that might not be favorable or add up to the total value of the Customer claim...  dunno?
+
+​
+
+[Seems like this indicates shit end of the stick if the brokers go belly up?](https://preview.redd.it/pem46nnmbbt71.png?width=657&format=png&auto=webp&s=2c714ac796021b5ed9135f0156b167d18bc482a8)
+
+​
+
+HALP???
+
+​
+
+Edit:  
+
+Source site:  [https://www.usbankruptcycode.org/chapter-7-liquidation/subchapter-iii-stockbroker-liquidation/](https://www.usbankruptcycode.org/chapter-7-liquidation/subchapter-iii-stockbroker-liquidation/)
+It seems to me that the stock market is falling and large-cap funds are on discount. As a naive investor, I am wondering if it's a good idea to put money into growth funds while they are cheap in the hopes that I get more shares for my dollar. Such that in 30+ years I get rewarded a bit more for buying funds at a discount. Is my logic flawed?
+I broke up with my ex-partner a couple of years ago. She was having a lot of financial difficulties at the time and was in £6k worth of debt.
+
+ We had a joint account at Lloyds which we used for paying bills. When we broke up we stopped using this account where it has laid dormant since. I did try to close the account but this was such a faff that I gave up. The last activity in this account before today was May 2019.
+
+Unfortunately tonight I have made a complete pigs ear of a transaction. In attempting to move £550 from my current account to another savings account I accidentally transferred it into this dormant joint account.
+
+When I tried to move it back again it said I couldn’t do this online and to ring a number.
+
+After nearly an hour on the phone with Lloyds it transpired that the account has a bankruptcy notice on it, and they couldn’t move the money back over the phone. I was advised to call the dedicated bankruptcy team in the morning.
+
+I haven’t been in contact with my ex in about a year and am not keen on ever speaking to her again. I looked at what public information was available online and can see that she filed for bankruptcy in February 2020 and was discharged in February 2021. To my knowledge she had no debts with Lloyds.
+
+So what are the chances of me getting this money back? Will they refund it as a simple mistake or will they claim that the money is now hers too by rights and seize it to settle her debts?
+
+Appreciate it was a daft mistake and in hindsight I should have disassociated myself from the account years ago but that is by the by now.
+Hi All,
+
+We are with ING (variable at 2.65)and and my partners workplace doesn’t offer paid parental leave. Are there options to allow us to defer repayments on our loan other than claiming financial hardship?
+We do have some savings but rather not exhaust it all and lose that security.
+
+
+Our plan is our savings seeing us through until my partner is back at work, I’m asking for others experience in this situation or others that know what banks can offer, what other options may be open.
+
+Mortgage not morgue… Thanks auto correct, now a lot of comments now make sense!
+I haven't seen this in the news yet but Tesla has to make a large payment tomorrow to bond holders of SolarCity's convertible issue due tomorrow of $570,669,500 ($566M principal + 1.65% / 2 semiannual interest). The payment represents 72% of their $794M working capital reported on their 3Q19 form 10Q a few days ago even after the large debt issuance earlier this year. This probably has minimal coverage because it's listed in current portion of long term debt even though it's coming due tomorrow 11/1/2019.
+
+$920M due 3/1/2019 dropped stock 10%, $566M due 11/1/2019...
+
+[CUSIP 83416TAC4](http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C641235&symbol=TSLA4301101)
+
+[10Q 3Q19](https://ir.tesla.com/node/20246/html)
+
+[10K 2018](https://ir.tesla.com/node/19496/html)
+
+[Page 30 discusses Tesla's responsibilities](https://www.sec.gov/Archives/edgar/data/1408356/000119312514364676/d795789dex41.htm)
+
+[Discussion of possible default from FT](https://ftalphaville.ft.com/2019/06/28/1561727434000/Tesla--significant-other/)[Convertible bonds and balance sheets](https://budgeting.thenest.com/convertible-bonds-affect-balance-sheet-24539.html)
+
+Cash on hand: $5,338M. Current assets:  = $10,940M. Current liabilities = $10,146M. Working Capital = $794M
+
+Some financing inflows: $7,119M from convertibles and other debt this year in first 3 quarters, additional $848M from stock offerings, $174M from warrants, $153 from accepting investments in subsidiaries. $8,294M listed here. Net CF from financing was $1,608M
+Good news everyone! Mint and other financial institutions are finally starting to adopt OAuth and APIs.
+The benefit is instead of giving Mint your username and password, which it uses to login and screen scrape to gather data, Mint is given a token, which is read only.  This is a *much* safer way of connecting accounts.  
+In addition, using APIs instead of screen scraping will keep accuracy better, speed up account refreshes, and keep things working when your bank changes their UI.
+
+https://help.mint.com/Accounts-and-Transactions/939542541/What-s-new-about-my-bank-connections.htm
+Hello dear apes, 
+
+first of all: u/millertime1216 and I and completely overwhelmed by your numerous feedback onthe DRSGME project. It's insane - THANK YOU! We are almost through sifting and categorizing the feedback. It has been very intense the last few days but your support and positive messages give us the motivation we need to keep going!
+
+We're sorry if we didn't answer every comment - it's just unbelievable. We receive feedback via DM, comment as well as contact form. I'd like to give you an update on the status on behalf of the [DRSGME](https://drsgme.org) team. 
+
+We want to be 100% transparent and hope you will honor us on our journey to the moon together. We always need your feedback to get better.
+
+[Thank you apes!](https://preview.redd.it/8ctes27jmpo81.jpg?width=500&format=pjpg&auto=webp&s=5cc548bbc2d6e560253dea05470c5ea2b3063b57)
+
+It has become apparent that we need a larger team and people... You rock! so many experts and we have to choose the best candidates - this is not always easy for us, because we don't want to disappoint anyone!
+
+**These are our next tasks on the agenda:**
+
+* Targeted expansionof the team
+* Professionalization of the organizational structure
+* Clustering and prioritizing user feedback
+* Developing target group definition and user journey
+* Adjustments in design (we don't want to look like Computershare and we don't want to look like GameStop)
+* Planning of marketing measures and planning of touch points ("which channels do we want to serve", "how do we advertise where?")
+* Building the broker database
+* Development of articles for the "Why GameStop" page
+
+**We have already identified the following lead category managers:**
+
+* Project Management and Strategy: u/pmxller
+* Marketing & Advertising: u/Keichavik
+* Content & Writing: u/Keldoz
+* Broker How-to-Tutorials: u/da_squirrel_monkey
+
+Lead category manager responsibilities include coordination and delegation of sub-tasks. This means that the category managers will write to you monkeys - based on your feedback and comments according to your expertise.
+
+In the coming days we will create more posts on r/Superstonk, where we are looking decidedly for monkeys who can and want to support us. So stay alert and hungry! In the meantime, we appreciate every single share you guys register directly.
+
+Again, we're absolutely thrilled with your feedback. Let's do this!
+
+# CAN’T STOP WON’T STOP TIL THE FLOAT’S LOCKED!
+Dividend growth investing has its allures because of decent cashflows. Now that dividends are taxed at normal slabs does it makes sense to do dividend growth investing? Or should we stick to index investing because index TRI MFs don't pay any taxes on dividends and reinvest them.
+With the 1) Implementation of BS-6 ethanol fuel based engines from April.
+
+2) The govt also announcing a sugar subsidy for mills
+
+3) And the New York Raw Sugar declaring 2020 to be a global sugar deficit year. (2019 was supposedly a surplus year)
+
+Which sugar company in your opinion is most poised to take advantage of the above scenario?
+As far I understand with my limited knowledge that Liquid funds (with some risk) are better than fixed deposits because of little better returns and overall you pay less income tax if you hold it for more than 3 years.  
+
+
+But if we withdraw money from liquid funds before 3 years, we might get some capital gain and we will need the help of CA to file Income tax return for that if it comes under our tax bracket, and CA usually charger higher to file return in this case.  
+
+
+It could be possible that even the capital gain can be lower than what you pay to CA to file IT return. And I think in case of show and fill interest earned on Fixed Deposit, won't be charged extra by CA like they do for LTCG/STCG  
+
+
+**Then why Liquid fund is recommended over the Fixed deposit and also a better option to park emergency money?**
+The question is more related to the amount you have invested. For example, Person A is investing for his/her retirement. he started investment 7 years ago and the target corpus was 2.0Cr. The current portfolio's current value is 50Lac. Person A mostly Index(60%) and reset in small/mid-cap, US equity and debt fund.
+
+At what point Person A should think that he/she should review his portfolio with a professional advisor? Off-course it depends on the person's risk but what do you guys think what amount should be called a 'Risky amount'?Note: These are not true values, I have just put random figures here. Hypothetically XIRR is 20%
+
+​
+
+Edit 1:  My intention is to post this question to learn more about individual decision-making. I think individual decisions defer based on portfolio size, and current and future financial conditions. 
+Ask your investing related queries here!
+
+The members of /r/IndiaInvestments are here to answer and educate!
+
+Alternatively, you could [join our Discord](https://discord.gg/hqBNg4u) and seek answers to your queries
+
+If you're looking for reviews on any of these following, follow the links:
+
+- [which bank or brokerage to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20banking%20services%20and%20products&restrict_sr=1&sort=new)
+- [which fund house is more capable and trustworthy](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new)
+- [which investing platform to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20Brokerage%20products%20and%20services&restrict_sr=1&sort=new),
+- [which insurance company is reliable](https://www.reddit.com/r/IndiaInvestments/search/?q=flair_name%3A%22Reviews%22%20%22Reviews%20of%20Insurance%20products%20and%20services%22&restrict_sr=1&sort=new)
+
+Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.
+
+Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.
+
+You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.
+
+**NOTE** If your question is _I got 10k INR, what do I do to get most returns out of it?_, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:
+
+- How old are you?
+- Are you employed/making income?
+- How much? What are your objectives with this money?
+- Do you have any loan, or big expense coming up?
+- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
+- What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
+- Any other assets? House paid off? Cars? Partner pushing you to spend more?
+- What is your time horizon? Do you need this money next month? Next 20yrs?
+- Any big debts?
+- Any other relevant financial information about you, that will be useful to give you an informed response.
+
+Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is **NOT** financial advice, in legal sense of the term.
+
+You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.
+
+[Links to previous threads](https://www.reddit.com/r/IndiaInvestments/search/?q=advice%20thread%20personal%20situation&restrict_sr=1).
+Ask your investing related queries here!
+
+The members of /r/IndiaInvestments are here to answer and educate!
+
+Alternatively, you could [join our Discord](https://discord.gg/hqBNg4u) and seek answers to your queries
+
+If you're looking for reviews on any of these following, follow the links:
+
+- [which bank or brokerage to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20banking%20services%20and%20products&restrict_sr=1&sort=new)
+- [which fund house is more capable and trustworthy](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new)
+- [which investing platform to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20Brokerage%20products%20and%20services&restrict_sr=1&sort=new),
+- [which insurance company is reliable](https://www.reddit.com/r/IndiaInvestments/search/?q=flair_name%3A%22Reviews%22%20%22Reviews%20of%20Insurance%20products%20and%20services%22&restrict_sr=1&sort=new)
+
+Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.
+
+Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.
+
+You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.
+
+**NOTE** If your question is _I got 10k INR, what do I do to get most returns out of it?_, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:
+
+- How old are you?
+- Are you employed/making income?
+- How much? What are your objectives with this money?
+- Do you have any loan, or big expense coming up?
+- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
+- What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
+- Any other assets? House paid off? Cars? Partner pushing you to spend more?
+- What is your time horizon? Do you need this money next month? Next 20yrs?
+- Any big debts?
+- Any other relevant financial information about you, that will be useful to give you an informed response.
+
+Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is **NOT** financial advice, in legal sense of the term.
+
+You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.
+
+[Links to previous threads](https://www.reddit.com/r/IndiaInvestments/search/?q=advice%20thread%20personal%20situation&restrict_sr=1).
+Forget about centralized institutions that we have right now. The GME case just proves how the regulation will intrinsically acts on behalf of the privileged in the name of market order, which is allowing big players to milk the market but turning against anyone else who tries to play the same game. 
+
+We have a much stronger case now, don't we?
+I was contemplating posting but I hope someone might benefit from this as I have from this subreddit, I have read a few posts with similar stories and they have kept me going when things got a little shaky.
+
+Started Gambling at 17/18 – I had an apprentice job and for my age it was a decent salary. Safe to say I did not know the value of money and was led into the bookies by someone I knew, that’s how it all started, it was always the roulette machine for me. I stopped going with the person who introduced me and started going by myself. I was trapped for 9 years, in the ever-vicious cycle of gambling. I’ve had highs and low lows, In the last 3 years, it escalated from bookies to Casino, more of a rush and higher risks. Towards the end of 2017 I made a silly amount in one night 5 figures(casino), close to what I made in a year around £30k. And Lost it in a space of two weeks my whole life revolved around gambling, the best I managed to do by then was stay away for 3 months, but after I had a bit of savings I thought yes, I had it under control and would go back only to spiral out of control and loose it all again this happened several times. I had payday loans, credit cards, and a bank loan. I defaulted and my credit score ended up really bad.
+
+My total debt was around £20k. I joined step change, around 2017 and set up regular payments, which was meant to be affordable for me, I didn’t stick with it and I flaked a few times, needing to restart my DMP with Step-Change (debt management plan). In the last two years however I stuck it out, I had some gambling incidents, but going from gambling every pay day to only twice a year is a significant improvement in my eyes. The amounts I played increased every time and I felt I needed to play larger amounts. I am 27 Now, and I cleared my last debt this month, next month I will be paid and I don’t have any debts for the first time in 9 years it feels a little strange and surreal. (exception paying for a web-development course)
+
+Gambling for me, kept me in a mental trap, I felt powerless once I was in its embrace. The debt was like an anchor holding me captive surrounded by guilt and shame. 
+
+I am looking to change careers, into tech (web-development) to start with, mostly self-thought. I Still feel I need to get to better grips with money at times I feel guilty/un-comfortable spending money. As in the past all I used to do was spend it on gambling without hesitation.
+
+Next steps, save for emergency fund 3-6 months, then save for mortgage (LISA)
+
+I enjoy hiking and exploring new places so I will look to add one new place a month. 
+
+Thanks to my Family and friends who supported me throughout.
+
+This site has also been really helpful https://debtcamel.co.uk/
+
+I do have a few questions, how do you spend without feeling guilty about your purchase.
+
+How do you combat the idea you need to make up for all those lost  years, I am trying to avoid saving really hard and being frugal i need to find the balance. 
+
+Lastly Thank in advance for any advice.
+Hi,
+
+so long story short, I save around 15% of my net income for retirement, which is not really much to be honest.
+
+I save an additional 15% for lifestyle like vacations (I don't want to miss out on that, have never really traveled, so I want to keep this!), for bigger expenses like if I have to move, want to buy a new bike/tv/pc/car... (that is not my rainy day fund!)
+
+And a few euros for car insurance/taxes to be payed each year.
+
+So, the thing that stresses me I think is, that I don't really live. I talked with my gf yesterday and she said, 'damn, you are so stressed about later in life, you don't really live in the moment!'
+
+Which is true, but typing this out now shows me again, that I save equal the money for retirement as I do for fun stuff in the present/near future.
+
+Now looking at my bank account tells me, that I have only 150€ left for living expenses (all expenses that will be fix this month are deducted already, this is just food/fun stuff to say)
+
+Now, it might be a problem that I earn not enough money to increase my present life or my savings. I am very certain I get a good bump of increased pay next year after finishing my degree, but really, I literally feel bad about all this sometimes, while still being proud doing something for investment.
+
+
+How do you guys keep sane, keep walking the fine line of saving for FIRE/retirement and still live a decent, present live?
+
+Thank you for reading and possible replies!
+This strategy has been something I've been keeping in my mental back pocket for FIRE, but I wanted to share for those that aren't aware since it seems a lot more accessible post-COVID than it might have been before.
+
+I currently live in a promise city. There are lots of versions of promise cities, but in general the idea is a select number of graduates from the city's public schools gets a scholarship, in some cases full tuition, and in rare cases it's *every student that graduates gets full tuition scholarship, no means testing required*. Most of the time the colleges a student can pick from are limited to public universities, with some private schools being eligible too. In many cases there is only one university that can be attended.
+
+Most of these scholarships are funded by huge endowments that likely follow a 3.5% SWR or similar.
+
+[https://citiesofpromise.com/promise-programs/](https://citiesofpromise.com/promise-programs/) 
+
+I went through all of the programs at the above link and here are some of the best:  
+(in alphabetical order by state)
+
+**El Dorado Promise - Arkansas:**  [https://eldoradopromise.com/](https://eldoradopromise.com/) 
+
+* Every El Dorado school district graduate (enrolled since at least 9th grade) receives a scholarship covering tuition and mandatory fees equal to the highest in-state (Arkansas) public university rate. 
+* Can be used at any regionally accredited U.S. public or private college or university for an associates or bachelors. 
+* If enrolled since Kindergarten the benefit is 100%, if enrolled since 9th grade it's just 65%.
+
+**Hartford Promise - Connecticut:**  [https://www.hartfordpromise.org/](https://www.hartfordpromise.org/) 
+
+* Must attend a Hartford Public High School since 9th grade and reside in Hartford throughout high school
+* Have a 93% or better attendance record and a 3.0 or better GPA in high school
+* Receive $5,000 per year for 4 years to any accredited nonprofit university or college. Halved for 2-year colleges.
+
+**New Haven Promise - Connecticut:**  [http://newhavenpromise.org/](http://newhavenpromise.org/) 
+
+* Every New Haven public school graduate gets full tuition at any in-state college/uni or a maximum annual scholarship of $2500 for a non-Connecticut nonprofit college/uni
+* Students need a positive disciplinary record, community service, 90% attendance or better, 3.0 GPA, and a 2.0 in college
+
+**HOPE Scholarship - Georgia:**  [https://www.gafutures.org/hope-state-aid-programs/hope-zell-miller-scholarships/hope-scholarship/eligibility/](https://www.gafutures.org/hope-state-aid-programs/hope-zell-miller-scholarships/hope-scholarship/eligibility/) 
+
+* Covers the entire state! Eligibility includes tons of public, private, and technical schools.
+* A decent amount of hoops to jump through, 3.0 GPA, GA resident, 3.0 after starting college, etc.
+* Not expected to fund more than 60% of tuition/fees going forward
+
+**College Bound Scholarship - Hammond, Indiana:** [https://collegebound.gohammond.com/](https://collegebound.gohammond.com/)
+
+* Must live within Hammond city limits. Must be at any accredited public or private school. Option for homeschooling.
+* Has to start in 6th grade to get the full benefit. Subtract 10% for every year after 6th grade.
+* Provides around $10k per year to any public or private university
+
+**TOPS - Louisiana:**  [https://mylosfa.la.gov/students-parents/scholarships-grants/tops/](https://mylosfa.la.gov/students-parents/scholarships-grants/tops/) 
+
+* Seemingly for all Louisiana residents, 2.5 GPA or higher, minimum ACT of 20
+* Harder to find specifics, there seems to be a lot of other scholarships to wade through
+* Must attend an in-state school for college/uni, seemingly covers full tuition
+
+**Detroit College Promise, Michigan:** [https://detroitatwork.com/youth/detroit-promise](https://detroitatwork.com/youth/detroit-promise) 
+
+* This one is one of the biggest cities that has a promise scholarship, full tuition and fees at most Michigan schools
+* For Detroit residents, since 9th grade, at a Detroit high school or private school, 3.0 GPA, 21 ACT/1060 SAT
+
+**The Kalamazoo Promise, Michigan:**  [http://www.kalamazoopromise.com/](http://www.kalamazoopromise.com/) 
+
+* One of the most famous, covers 100% of tuition to any of Michigan's state colleges or universities, and some private schools
+* All students who graduate from Kalamazoo Public Schools are eligible, with a sliding benefit percentage starting at 100% at Kindergarten, decreasing to a minimum of 80% at 6th grade
+* Must maintain a minimum 2.0 GPA at college to receive the benefit, but can be reinstated
+
+**Say Yes to Education, Buffalo & Syracuse, New York:**  [https://sayyesbuffalo.org/](https://sayyesbuffalo.org/) &  [https://sayyessyracuse.org/](https://sayyessyracuse.org/) 
+
+* Must reside in the city of Buffalo or Syracuse, and must complete grades 9-12 at a public or charter school in one of the two cities
+* Sliding benefit scale from 100% at Kindergarten to 65% at 9th grade. 0% afterward.
+* Tuition is fully paid for many SUNY/CUNY schools as well as some others in New York and, in the case of Syracuse, around the nation
+
+There are many more - I'll let you peruse them, but these were some of the best ones in my opinion.
+
+What do you think? Would you move to one of these cities if you had a WFH job and had the flexibility? Many of them are LCOL or MCOL, so it is quite feasible that it would align well with FIRE anyway. Curious to see what you all think.
+I apologize if this is not helpful enough and too much of a brag post to warrant its own discussion but I figured I'd share anyway.    
+
+ 
+ 
+Graduated in May of 2014 from a private engineering college with a B.S. in Computer and Systems Engineering and about $40,000 in mixed private and federal loans. I had a job lined up for after I graduated and started that June.    
+
+ 
+ 
+Thanks to philosophy of r/personalfinance and Mr. Money Mustache, I made it my mission to pay down this debt as fast as possible. It became almost like a game, several times a month I would look at my Mint trends tab and see the debt balance graph getting lower and lower. It was exciting to me whenever I got more money than I expected for the month and put it right to my loans. My drive to get rid of my debt even got my girlfriend on board with this "debt blasting" attitude that we hope to continue for the long run.    
+
+ 
+ 
+I started post-college as a Systems Engineer at $59k salary moving to about $62k and eventually raising to $71.2k a couple of months ago due to a promotion. I contributed 6% into a 401k set up by my work which matched 75% of that contribution.    
+
+ 
+ 
+During that time I lived in two apartments (a year for each) with a roommate with my share of the rent being $575 a month and $375 a month. This helped contribute to a relatively low housing expense as a percentage of my take-home pay (about 1/6th). The second apartment ($375/month) was not in the best area but saving that extra 200 a month really helped put more toward my loans. Other than buying a nice TV after I graduated, any extra money I got including things like tax refunds, went directly to my loans. I was dumping about $1500-$2000 a month in them. Starting with the highest loan amount and interest rate.    
+
+ 
+ 
+Another thing that helped contribute to lowering my expenses were that I was covered under my parents health insurance. They also payed for my portion of my cell phone and auto insurance (I would give them about 200 a month to cover some of the expenses). Safe to say they helped me out as well.    
+
+ 
+ 
+Here is what my efforts boil down to that I am really proud of: http://imgur.com/CWPTt3I
+(Those two months where the debt spiked was the result of me having to front money for my grad school program before my work would reimburse me).    
+
+ 
+ 
+**Some random advice I have to save money and pay debt down faster (this might apply a little more for new college grads):**
+ 
+* **Avoid the debt to begin with.** (This only applies for people who have not incurred student debt yet) I was fortunate enough to live near a community college that had an excellent engineering program. I was able to attend for two years and earn an A.S. in Engineering Science all while incurring next to no debt. The program was well-known and accepted enough that I was able to transfer to my 4 year college with full Junior status. Doing this allowed me to avoid the private student loan debt for my first two years and get merit aid scholarships which helped put a dent into how much I would eventually owe.
+ 
+* **Live with a roommate wherever possible.** in as cheap a place that you can stand (for me it was a place that had electricity, heat, and quiet place to sleep, anything extra was a bonus). The costs associated with living by yourself greatly affect the amount you can put toward the loans.
+ 
+* **Do not buy a new / newer car.** It may be tempting to plunk down money for (or lease) a new car as an "I deserve it" reward for graduating, but that shouldn't be a priority when you have debt hanging over your head. There will be plenty of time for a nicer car sooner than you think. I found my car on craigslist ('06 Elantra), paid cash for it (~$4800) and have been driving it for 4 years. I personally would have continued to purchase used cars like the one I have going forward but I have another passion which is Tesla and I dropped $1k to reserve my Model 3 as an ultimate gift to myself for paying off my debt :).
+ 
+* **Credit Cards.** Take advantage of the benefits that credit cards have to offer, **if you use them the right way**. I used to think they were terrible things to have, but the extra cashback / miles are wonderful and the ability to separate your money from companies and entities you pay for goods and services is a great thing to have and has helped me in a number of occasions. Going back to what I said before about credit cards, you need to use them the right way. Never spend more in a statement period than you can pay off before it is due. For me, I never spend money just because. I usually have my set expenses for needs and then if I want to make a larger purchase, I always sit on it and think about it for a couple days before making the purchase. This naturally allows me to be responsible with a credit card and I think use it in a safe way.
+ 
+* **Live close to work and avoid buying individual meals.** Depending on the cost of living in your area, live as close to work as possible. Unless you are working in a major city or other area where rent is expensive, the savings on commute time add up to extra cash in your pocket and less frustration in dealing with traffic. Secondly, I got into the habit (though i'm guilty of not doing this on occasion) of preparing my breakfast and lunches for the work week on sundays and eating them throughout the week. The savings really add up when you don't have to purchase breakfast and lunch everyday.
+ 
+* **Take advantage of your advantages.** One last thing that I think applies differently to different people are the random advantages that happen to be available in your life. For me it was living within an hour of my parents (and girlfriend's parents) house and being able to see them a fairly frequently. This had several small advantages like free haircuts from Mom and being able to do laundry for free. I was also lucky enough to know that I could move back in with them if I ever lost my job or needed a decent amount of cash for an emergency. This allowed me to be a little fast and loose with my emergency fund (which was essentially nothing) and be more aggressive toward my loans.
+Another big advantage I was lucky to have is related to the company I work for (other than free coffee haha). I was able to get a full tuition reimbursement to continue my education and get a Master's degree online while working. This helps further my career prospects and it doesn't add to my debt. Coupled with this is me getting the opportunity to go on work travel to several locations in the U.S. where I generally am paid more than normal and get per diem. I get to see different parts of the country for free and add more money to my savings all while doing a job that I enjoy :).
+ 
+Anyway, that is my "story" for now, i'd appreciate any feedback or any questions/clarifications you may have. Thanks for reading!
+ 
+**TL;DR: Paid off student debt as fast as I could, learned some things along the way.**
+As the title says, specific crypto subreddits are echo Chambers where only positive sentiment is upvoted to the top.
+
+You will not receive an unbiased opinion or answer to your questions. In fact in some subreddits negative comments are completely removed with posters even possibly being banned.
+**EDIT** You all are great - I really appreciate all the feedback! I’m going to go with a 12-month lease and re-negotiate at that time with option for shorter term extension.
+
+
+
+Like the title states, have a new potential tenant for my 1b/1b condo in the city. Rents are really good right now as I had about 30 inquiries and 6 applicants within 5 hours of posting. Had a quick “open house” and this applicant is great. High income, excellent credit, good vibe, actually rented in the building before.
+
+Pros and Cons of signing a 18 month lease starting Sep 1st? Also, would you discount or keep the same monthly rate for 18 vs 12?
+TL;DR: Assuming net financials are roughly the same, is it better to have a property with more doors or *fewer* doors? Ie, if I can buy a triplex that will net me $3,000 a month or a SFH that will net me $3,000 a month, which is better?
+
+Hi everyone,
+
+I'm laying the ground work to buy a first rental in the coming year to eighteen months.
+
+Long story short, I've been working in corporate finance for about ten years, hitting the 401(k)s, bought a home and so on, and now I'm looking to real estate as a next step to build wealth, create an alternative career path, and get me out of being chained to my corporate desk until retirement age. It also doesn't hurt that my wife and I are expecting our first baby in about a month... that certainly puts things in a whole new perspective.
+
+All that to say, as I'm socking away cash for a down payment(s), I'm doing research and running numbers on listings I'm finding online (mostly LoopNet).
+
+One item I haven't seen addressed in a way that seems exhaustive is the question of balancing the (at least perceived) decrease in vacancy risk of multiple doors vs the higher maintenance "hassle" of additional tenants.
+
+In other words, I imagine that, if you have more doors, the risk of you having vacancy rates so high that you become cashflow negative would seem to go down. That's a positive attribute. On the flip side, more doors = more tenants = more tenant issues, right?
+
+How do you guys go about balancing these seemingly opposing ideas? Or am I missing something else that supersedes this consideration?
+
+Thanks for any insight and thoughts in advance!
+
+P.S. I'll probably be posting more newbie questions on here soon-- sorry in advance!
+
+*edited to replace "more doors" with "fewer doors" in an attempt to look less stupid.
+Edit: Thank you all for the help with this situation.
+
+In conclusion - called my loan servicer and the escrow balance that was set up upon closing should've paid the 2020 taxes. Long story short my loan servicer agreed it was likely their fault and the delinquent fees  will be paid by them and the escrow will pay the actual tax balance for 2020.
+
+​
+
+Basically as the title states I received a tax bill with fees for unpaid taxes for the year 2020.
+
+This seems like a beginner error to me but based on the phrase that follows, should I have expected to have to pay the entire year of 2020's taxes.
+
+Edit: I see in the CD it reads as follows -
+
+>"Adjustments for items unpaid by seller:County Taxes 01/01/20 to 11/17/20 - $X,XXX.XX"
+
+Was this "seller credit" supposed to go towards the escrow balance and then the taxes paid by the lender from there or was I supposed to take money "out of pocket" and go pay the taxes for the year until an escrow refund?
+
+Is this just a miscalculation / failure to know the tax dates on my part?
+
+I'm basically going to chop down my entire years worth of cash flow based on this one error.
+
+​
+
+Thanks for the help in advance!
+What are some pros and cons in your experience or that you have heard of. Thanks
+
+As far as time and money getting a license is not a problem for me I’m single with no kids.
+I'm purchasing a duplex which is my first property at 136k. I will be living in one unit and inheriting a tenant who pays $700 a month in rent. 
+
+I have the option to put as little as 10% down. Would this be a good move? Is it generally better to put less money down to increase the greatest value of return? 
+
+I had anticipated putting 20% down until a lender told me I was eligible for a first time home buyer's program and could put less money down at a lower interest rate of 2.875%. Obviously my monthly payments will be more and I will have a low PMI of $30/month, but which ever route I take, I will not be living for "free" based on the rent of the tenant. I will still have to pay regardless if I put 10% or 20% down. I would like to only stay here no more than a couple years before moving on and renting out my unit. Then is when the rent from both would more than cover the mortgage. What would you do? 
+
+Any and all advice is appreciated!! Financing is a huge deal and it's stressing me out.
+Hello fellow traders,
+
+I have been learning how to trade for about a year now. After 11 months of live constant failure and disappointment, I am beginning to notice a slight improvement in my trades, just a slight. Now I've switched to demo for now.
+
+Anyways, I would like to ask you all to give me some guidance to expedite my learning progress, please; such as youtube channels, websites, books, blogs or anything. I have finish babypips which gave me some improvements.
+
+Edit: Thank you all for the guidance and tips. I will definately be studying them one by one.
+
+Edit 2: Wow! I am going to be a busy student. I am glad I made this post, I was hesitant at first in fear of mockery, or discouragement, but damn me. This post has been a tremendous help.
+There have been some posts in the past about the comparison between using a car-sharing service like GoGet vs car ownership.  I have been a GoGet member for a long time but only this year have I actually tracked my expenses, and since this year has been characterised by high costs for 2nd hand car purchase & fuel costs I thought this might be useful info. I would welcome other views and experiences.
+
+​
+
+**Some notes:**
+
+* I'm Sydney based, mid 30's, and don't have kids
+* For the first 7 months of the year I was living very close to the CBD with my closest car 30 seconds away from my front door, and for the rest of the year I was in the inner west with my closest car a 5 minute walk away. It is not for commuting to work, this would always be walking or public transport
+* I would use GoGet for visiting friends/family, transporting my dog places, trips out of Sydney, transporting furniture, moving house, or to go to things like my vet, dog groomer, GP, or other things located outside my immediate area.
+* I would most commonly use a small car (e.g Yaris) but have also used sedans, RAV4s & vans.
+* I have the cheapest annual membership (GoStarter)
+* I try my best not to look at what I'm paying on a per use basis and instead just think about what I'm saving by not owning a car. So I don't sweat about booking a GoGet for a few hours for a small thing.
+* In 2022 GoGet changed the km allowance on a day booking from 150km to 125km
+
+​
+
+**So what did it cost?**
+
+In total I paid $1994.79 over the course of 2022 (including tolls).
+
+EDIT: Also includes petrol - for those who don't know, with GoGet you don't pay for petrol.
+
+**Was it worth it?**
+
+For me - totally. There have been times where I have wavered and thought it would be great to have my own car but when I look at the financials for my situation it just does not stack up, and that's even before considering petrol costs. I live close to transport hubs and work full time with a mix of home and city work, so the car would be garaged 5-6 days a week. My only dependent is a dog so she doesn't need to get ferried to footy or ballet lessons... If my home life was different or I lived in a more suburban area I could totally see owning a car being a necessity but without those things? Absolutely not.
+
+I also love the flexibility of being able to book different vehicle types depending on what I need, and I have to say that the GoGet customer service has been pretty fantastic any time I have needed something.
+
+​
+
+So yes - GoGet is a win in my book for people in a similar situation to me in built up areas.
+[https://www.ft.com/content/a8f46a2c-b111-11e9-8cb2-799a3a8cf37b](https://www.ft.com/content/a8f46a2c-b111-11e9-8cb2-799a3a8cf37b)
+
+Long story short:
+
+Australian firms who want to access cheap Euro wholesale capital and debt markets will have to jump through more hoops and get more thorough assessment, as EU deems Australia's credit rating regulation to be subpar compared to the EU. 
+
+Layman translation: 
+
+Dependence on foreign wholesale capital and debt is going to be affected, and access to capital is going to get even tighter, after all EONIA is negative (Euro version of our cash target rate). RBA cash target rate may have to get to below 0.5%, lower than Westpac forecast. RBA's room to maneuver gets narrower by the day.
+
+Hat tip:
+
+100% chance of October rate cut to 0.5% implied as of 29/07/19.
+My landlord deposited my $1150 monthly rent check on the 7th. The check was correctly written out, but his credit union entered it as $11.50. When landlord noticed the error on the 9th, he called his credit union and they acknowledged the error and immediately credited the remaining funds to his account. 
+
+I called Wells Fargo yesterday and the agent confirmed only $11.50 was deducted from my account. I was told twice by the agent that this was a bank error and if the remaining funds are not deducted by September 1, I can consider the remaining cash MINE. She told me this when I explained the situation, then put me on hold to get a second opinion and came back with the same answer.
+
+It's been 3 days since that call and the money is still in my account. I know better than to spend/transfer it for at least 3 months, but does this kind of thing happen? I refuse to get my hopes up/spend or depend on that money, but if it's still there on the 1st, that could be my emergency fund!
+
+I just dont want to get bitten in the rear if it suddenly gets removed 6 months from now.
+
+
+Guten Morgen to this global band of Apes! 👋🦍
+
+The ferocious pushback each time the price approached $150 yesterday confirms for me that we are very close to a price that the Institutional Shorts cannot endure. With RRP, borrow rates, and DRS counts all climbing steadily, I have a feeling that this week is going to continue to be a hard fight on both sides.
+
+Fortunately, the news about PFOF rule changes signal that (at least some) of the market reform that many of us seek is happening. While it is far from a cure-all, this change will go a long way toward making the markets more fair for retail traders. As two-faced as the SEC seems to be, this is certainly a change I can support without reservation.
+
+As we enter the penultimate trading day of this week, let's take a moment to enjoy the worldwide community that gathers here daily!
+
+Today is Thursday, June 9th, 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: **$139.61 / 130,00 €**  *(volume: 456)*
+- 🟩 115 minutes in: $139.61 / 130,00 €  *(volume: 450)*
+- 🟥 110 minutes in: $139.55 / 129,95 €  *(volume: 449)*
+- 🟥 105 minutes in: $139.64 / 130,03 €  *(volume: 406)*
+- 🟩 100 minutes in: $139.73 / 130,11 €  *(volume: 370)*
+- 🟥 95 minutes in: $139.60 / 130,00 €  *(volume: 365)*
+- 🟥 90 minutes in: $139.94 / 130,31 €  *(volume: 355)*
+- 🟩 85 minutes in: $139.97 / 130,33 €  *(volume: 355)*
+- 🟥 80 minutes in: $139.92 / 130,29 €  *(volume: 341)*
+- 🟥 75 minutes in: $139.94 / 130,31 €  *(volume: 341)*
+- 🟥 70 minutes in: $139.98 / 130,34 €  *(volume: 335)*
+- ⬜ 65 minutes in: $139.99 / 130,36 €  *(volume: 265)*
+- 🟩 60 minutes in: $139.99 / 130,36 €  *(volume: 258)*
+- 🟩 55 minutes in: $139.96 / 130,32 €  *(volume: 156)*
+- 🟩 50 minutes in: $139.93 / 130,30 €  *(volume: 155)*
+- 🟥 45 minutes in: $139.91 / 130,28 €  *(volume: 155)*
+- 🟩 40 minutes in: $139.91 / 130,28 €  *(volume: 147)*
+- 🟩 35 minutes in: $139.89 / 130,26 €  *(volume: 104)*
+- 🟥 30 minutes in: $139.87 / 130,25 €  *(volume: 98)*
+- 🟩 25 minutes in: $139.89 / 130,26 €  *(volume: 52)*
+- 🟥 20 minutes in: $139.42 / 129,82 €  *(volume: 26)*
+- 🟩 15 minutes in: $139.45 / 129,85 €  *(volume: 25)*
+- 🟩 10 minutes in: $139.38 / 129,79 €  *(volume: 25)*
+- 🟩 5 minutes in: $139.30 / 129,72 €  *(volume: 16)*
+- 🟩 0 minutes in: $139.29 / 129,70 €  *(volume: 24)*
+- 🟥 US close price: $138.73 / 129,18 €   *($139.36 / 129,77 € 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 1.0739. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I have always enjoyed what I did for work. Ive been at the same job for about 10 years now and have made incredible friends, and acquaintances, that I see on a regular basis. Over the years with my company I have moved up into a position that has we fortunate enough to be the leader and an incredible team. 
+
+During MOASS I understand that we will really need to keep an eye on the price action in order to go through with my own exit strategy *(With how close we are to MOASS I hope everyone have truly thought about what their strategy is going to be)*. When MOASS kicks off and we start seeing 7+ digit numbers on GME, we will need to focus on the price movement to exit correctly.
+
+I feel guilty not coming into work during MOASS, and since MOASS will likely take a long period of time *(A week or more)* to play out, I don’t even know how to begin to tell someone I can’t come into work. I feel bad lying about the purpose of me not showing up (I feel like faking a family death or illness is not respectful) as I am letting down a team.
+
+I know that it is inevitable that I will need the time off, but I just feel anxious about how to approach that when the time comes. Has anyone felt a similar way? 
+
+Or am I just fucked up?
+I've been so stressed about working and going to school. My school is so small that I could only find one schedule to fit my needs, 5 days a week. 
+
+I got accepted for grants. All of my tuition paid for plus 6k a year to help with living expenses! 
+
+If you ever thought about going to school, there is aid. And if you do online courses, you have more flexibility. 
+So I was speaking with a mutual friend on discord, he told me how he bought the dip earlier this month and spent more than he usually would due to the size of the dip and as he expected a quick bounce back, problem is that now he’s completely screwed himself in terms of Christmas presents, he’s bought nothing for his family because he figured he could make a fast profit instead, this is a gamblers mentality.. using funds you really can’t afford to spend and taking massive risks with them. I feel sorry for anyone getting themselves in this position but seriously, when you’re spending money on speculative assets instead of gifts you planned to get for your own family, you’re nothing more than a degenerate, no ifs, no buts.
+
+If you have problems with self-control, for the love of god, take the money out of your account you really need so you can’t fuck with it. Stop thinking crypto is going to go the way you expect it to within 5 minutes, this short term mentality will do nothing but get you in trouble.
+
+
+**Don’t be this guy.**
+
+EDIT: This thread is about people with unhealthy tendencies or gambling addictions that planned to spend money a certain way and due to their tendencies have now spent said money.
+This isn’t about what you believe Christmas means, consumerism or anything of the sort.
+It’s about certain people having no control and losing sight of what’s important to them.
+
+Please re-read this and note it’s about a friend of mine, who every year buys his family gifts, he’s now confided in me and let me know his addiction got the better of him, has spent that money he planned for his family, lost more on the dip and now he feels like shit for it.
+I came across a small cap company called GMM Pfaudler a few days ago and a preliminary look at the company showed promise so I decided to study it. I thought it was expensive so I took a tracking position in it and bought only 2 shares at ₹2795. 
+
+Anyways, here are my notes.
+
+https://ghostbin.co/paste/dnzvp
+
+https://imgur.com/a/XWzwOhu
+
+https://www.screener.in/company/GMMPFAUDLR/consolidated/
+
+I might be wrong in my calculations and may have messed up so please point it out if you find any stupid mistakes. I've also omitted details from those excel screenshots so please ask any details about the annual reports if you want. I also haven't dived into the details of GMM Pfaudler's subsidiary called Mavag AG yet.
+
+In case you don't wanna click on that ghostbin link, here's the text.
+
+# GMM PFAUDLER [NSE: GMMPFAUDLR]
+
+## April 2020 Analysis
+
+### Introduction
+
+GMM Pfaudler a subsidiary of Pfaudler Inc. and is engaged in the manufacturer
+of glass lined equipment and other process equipments. GMM Pfaudler is the
+largest producer of glass lined equipment (GLE) in India and the parent
+Pfaudler is the market leader and inventor of GLE worldwide. GMM Pfaudler was
+established in 1962 as Gujarat Machinery Manufacturers. In 1987, Pfaudler Inc.,
+USA subscribed to 40% equity to form a joint venture and then further increased
+their stake to 51% in 1999 which resulted in the name of the company being
+changed to GMM Pfaudler Ltd. It has about 55% market share in Glasslined
+Equipment. Dr. Ashok Patel set up GMM in 1962 and Tarak Patel, his son, the
+current MD of the company and took this position in 2015. GMM Pfaudler has a
+factory at Karamsad, Gujarat, 450 Kms north of Mumbai.
+
+It acquired Mavag AG, Switzerland in January 2008.
+
+Its parent, Pfaudler Inc., has been through several acquisitions. It became
+part of National Oilwell Varco post in 2012 and then became part of Deutsche
+Beteiligungs AG (DBAG) in 2015, a German private equity company.
+
+GMM Pfaudler has two wholly owned subsidiaries:
+
+- GMM Mavag AG
+- Mavag AG
+
+The ownership structure, as of FY19, is as follows:
+
+https://i.imgur.com/jWQDIQH.jpg
+
+### Analysis
+
+In the FY19 annual report, they've announced the acquisition of Industrial
+Mixing Solutions Division from Sudarshan Chemical Industries Ltd. and this will
+supposedly help them in the industrial mixing space.
+
+GMM Pfaudler primarily serves the following industries
+
+- Pharmaceutical
+- Agrochemical
+- Specialty Chemical
+
+Agro and Chemical accounted for about 59% of their revenue. Pharma faced a slow
+down due to FDA issues and pricing pressure in the US but still accounted for
+about 30% of their revenue. They expect Agro and SC to drive growth in FY20.
+They also expect growth from the Oil & Gas, Petrochemical, Fertilizers and
+Minerals & Metals sectors.
+
+GMM Pfaudler's product portfolio consists of
+
+- Glass Lined Equipment
+  
+  GMM Pfaudler is the largest manufacturer of GLE equipment in India. In FY19,
+  68% of the revenue came from this segment. It manufactures Glass Lined
+  Reactors & Storage Tanks & Pipes, Columns, Condensors etc.
+
+  In FY19, GMM Pfaudler was able to hit a new high of 200 EUs produced in a
+  single month. In FY19, they manufactured 1860 EUs vs 1552 EUs in FY18 vs 1290
+  EUs in FY17.
+
+  This is a oligopolistic industry with only a handful of competitors and none
+  of them have the competitive edge that GMM Pfaudler has. Competitors include
+  HLE Glasscoat (which is listed), De Dietrich, Standard Glass, and Sachin
+  Glass. It looks like De Dietrich is the biggest competitor to Pfaudler
+  globally.
+
+- Heavy Engineering
+
+  The HE business accounted for 13% of the total revenue. It exported stainless
+  steel reactors received through the Pfaudler network. It manufactures heat
+  exchangers, pressure vessels, and columns.
+
+- Mixing Systems
+
+  The MS business accounted for 5% of the total revenue. This should improve
+  because of the acquisition of IMSD of Sudarshan Chemicals. It manufactures
+  High Efficiency Agitators and Magnetic Drive Agitators.
+
+- Engineered Systems
+
+  The ES business accounted for 6% of the total revenue. It manufactures
+  evaporation systems, heating & cooling systems, biotech systems.
+
+- Filtration & Drying
+
+  The F&D business accounted for 8% of the total revenue. It manufactures
+  Agitated Nutsche Filters, Funda Filters, Paddle Dryers, Spherical Dryers.
+
+
+Mavag AG accounted for about 17% revenue and 16% profit share of GMM Pfaudler
+in FY19.
+
+GMM Pfaudler spent 0.35% of its turnover on R&D in FY19 and FY18.
+
+The company's primary raw material is steel and any fluctuation in its price
+will impact the profitability of the company. In addition, uncertain monsoons
+are also a risk for the company. The company admits that this is a cyclical
+business. The parent company, Pfaudler Inc., is owned by a PE fund company
+called DBA which sounds fishy. However, it seems like Tarak Patel was given
+liberty to pursue non-GLE business verticals *after* Pfaudler Inc was acquired
+by DBA and the relationship with the parent prior to this was strained.
+
+The list of customers include Divi's Labs, Cipla, IPCA, Jubilant Life Sciences,
+Glenmark Pharma, Lupin, Sun Pharma, Excel Crop, Ion Exchange, Dr Reddy's, Natco
+Pharma etc.
+
+The order book of the company had a healthy backlog as of FY20 Q3. One of the
+concalls also indicated that they are operating at peak capacity and they've
+had to miss a few orders from customers because of this. They are investing in
+capex and have ordered a new gas furnace.
+
+Well, according to the FY20 Q3 concall, the third biggest competitor in India,
+De Dietrich is going out of business and hasn't made much money for the past 10
+years.
+
+Tarak Patel seems to be milking money from the company. His remuneration
+increased by
+
+- 52% in FY17
+- 20% in FY18
+- 54% in FY19
+
+and he is a contractual employee of the company even though he's the son of the
+Mr. Ashok Patel, the director of the company. He's making 5% of the net profits
+as overall salary.
+
+They have a pending disputed amount of ₹8.28 crores which is about 11% of the
+company's cash equivalents.
+
+According to Axis' research report dated Apr 2017, the GLE business is a high
+entry barrier business as the process of making GLE requires skilled staff and
+the produced vessles must be resistant to corrosion, pressure, and heat.
+However, the typical life of GLE is 7-10 years and so growth is primarily
+driven by new projects.
+This infographic is a really interesting because it shows the unyielding march of investors towards passive. 
+
+[https://tradingqna.com/t/the-share-of-index-mutual-funds-in-the-us-stock-market/42531](https://tradingqna.com/t/the-share-of-index-mutual-funds-in-the-us-stock-market/42531)
+
+In the meanwhile in India, we are having our own closet index revolution. 107 stocks now have HDFC as the top holding. 
+
+All mutual fund managers are now doing is to by the top 10-15 holdings of the index and playing around with the remaining small monies.   
+[https://www.livemint.com/Money/Lnx9v7if5WA4mj6d3putkM/Why-HDFC-Bank-is-the-top-holding-for-107-equity-diversified.html](https://www.livemint.com/Money/Lnx9v7if5WA4mj6d3putkM/Why-HDFC-Bank-is-the-top-holding-for-107-equity-diversified.html)
+Guten Tag to this global band of Apes! 👋🦍
+
+As we close out another week in the GME saga, we now have the date for the next earnings call.
+In less than two weeks, we'll have another point of data to match up with the DRS tracker, which to date has been remarkably accurate.
+I'm personally expecting that GameStop will keep the report relatively tame, without further comment on the split by dividend.
+However, I am certainly going to be watching for forward-looking signals for how they'll expand their digital marketplaces and prepare for the holiday season.
+It is truly a great time to be a GME investor.
+
+As rough as this week has been compared to the recent run-ups, it is important to remember that any distress that you feel is intentional.
+The SHFs have been shorting heavily this week.
+This could be aimed at hitting against Ape morale or a need to keep their balance sheets outside of margin call territory.
+Whatever their reason for shorting this week, I am unfazed.
+GameStop continues to be an incredibly strong company, with beautiful balance sheets, a solid core business, and rapidly expanding digital business.
+The leadership team continues to execute on plans that genuinely benefit the company, employees, and investors.
+The SHFs continue to hold incredible short positions against the company, with zero chance of driving the company into bankruptcy.
+Apes are DRSing at incredible rates, rapidly approaching the point of locking the float.
+
+Our Diamantenhände will prevail.
+It continues to be only a matter of time.
+
+Today is Friday, August 26th, 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: **$31.84 / 31,94 €**  *(volume: 1908)*
+- 🟩 115 minutes in: $31.75 / 31,85 €  *(volume: 1907)*
+- ⬜ 110 minutes in: $31.70 / 31,80 €  *(volume: 1806)*
+- 🟥 105 minutes in: $31.70 / 31,80 €  *(volume: 1301)*
+- 🟥 100 minutes in: $31.94 / 32,04 €  *(volume: 1100)*
+- 🟩 95 minutes in: $32.05 / 32,15 €  *(volume: 1083)*
+- 🟩 90 minutes in: $31.95 / 32,05 €  *(volume: 1052)*
+- 🟥 85 minutes in: $31.93 / 32,02 €  *(volume: 1052)*
+- 🟥 80 minutes in: $31.96 / 32,05 €  *(volume: 1052)*
+- ⬜ 75 minutes in: $32.11 / 32,20 €  *(volume: 1052)*
+- 🟥 70 minutes in: $32.11 / 32,20 €  *(volume: 732)*
+- 🟩 65 minutes in: $32.12 / 32,22 €  *(volume: 709)*
+- 🟩 60 minutes in: $32.01 / 32,11 €  *(volume: 630)*
+- 🟩 55 minutes in: $32.01 / 32,10 €  *(volume: 567)*
+- 🟩 50 minutes in: $32.00 / 32,09 €  *(volume: 537)*
+- 🟥 45 minutes in: $31.93 / 32,02 €  *(volume: 536)*
+- 🟩 40 minutes in: $31.93 / 32,03 €  *(volume: 523)*
+- 🟩 35 minutes in: $31.93 / 32,02 €  *(volume: 273)*
+- 🟩 30 minutes in: $31.92 / 32,02 €  *(volume: 272)*
+- 🟩 25 minutes in: $31.92 / 32,01 €  *(volume: 272)*
+- 🟩 20 minutes in: $31.86 / 31,95 €  *(volume: 256)*
+- 🟥 15 minutes in: $31.85 / 31,95 €  *(volume: 255)*
+- ⬜ 10 minutes in: $31.85 / 31,95 €  *(volume: 255)*
+- 🟥 5 minutes in: $31.85 / 31,95 €  *(volume: 255)*
+- 🟥 0 minutes in: $31.85 / 31,95 €  *(volume: 105)*
+- 🟥 US close price: $31.96 / 32,06 €   *($31.98 / 32,08 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 0.997. 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!
+What’s up everyone,
+I’m a second year student at a little known tech school in software engineering, looking to go into the field of algorithmic trading, quantitative finance, research, etc. I’ve been a pretty avid reader of this sub for a few months, and seeing all of the dual CS/Math majors here from target schools makes me wonder.
+
+As a software engineering major from a non-target school (good GPA, several data-scraping/statistics side projects in python on resume) do I have a shot at any sort of position in this field? I know I’m not going to land a rockstar position at two sigma or the like, but are there options? I’m about average at maths, and would call working with pandas / python in general my specialty. 
+
+For those of us who would otherwise be suited for an ‘average’ software dev job at a non-competitive company, are there options in this field? Any job related to programming and markets would be the coolest thing in the world to me. 
+
+Thanks to anyone who takes time out of their day to respond!
+Hi guys, the algotrading is my hobby. I already created my own enviroment to use with IB. Now i'm goint to use deep and machine learnings models to improve my trading strategies. During the development time i collected some expirience, that can help other people in the development process. Also, it looks like my programming skills are much better as trading, and i decided to create a youtube channel, where i want to share my expirience. 
+
+Here is one of the first video. It is about tensorflow serving, how it can help to deploy the models.
+
+https://youtu.be/z3_yfVLZyPs
+
+P.s. i hope, someone will find it interesting. In the future i'm planning to go deeper into the details.
+Been a while since I've posted. I finally have the day off (accountant) and I get to day trade! I sold 10 SPY call credit spreads. Half using TA, half using 'I think $425 is the top for the next expiration'. I thought I'd have to manage or do something with this on Monday (expiration day). I sold this at 10am, closed it two hours later. Earning $800, risking $5K for 3 days. 
+
+https://preview.redd.it/7l1so0t8i3k91.png?width=1315&format=png&auto=webp&s=2dacd504b0f597ba05e42a740dd5d5976986c83d
+NVDA has been rangebound between 500-530-ish for a while now. I only picked up on it 2 months ago, but I felt pretty comfortable on the support around the $500-515 strikes that I usually go "all in" on my capital on spreads two weeks out or so for pretty decent profit. (I know, I know, it's reckless and not true thetagang but it's been okay for now). 
+
+Even helped me recover an 86k loss!
+https://imgur.com/a/5wsfR6G
+
+I definitely plan on stopping the "all in" part of this when I hit my goal this week, but still gonna do it while it's flat.
+QQQ has returned over 28% this year (as of 9/25/2020).  Just a few weeks ago, it was even higher topping 300.  Made up primarily of "tech names", it is well ahead of the other index-based ETFs as investors and traders bid up names that have done well in a pandemic.  Another way to look at QQQ is as a proxy for 3 of the biggest names - Apple, Microsoft, and Amazon - which make up about 35% of the index as it is market cap weighted. 
+
+A review of the chart shows that QQQ dropped like everything else in March, but its recovery was certainly v-shaped:
+
+​
+
+[1 year chart of QQQ](https://preview.redd.it/1djs7bcylqp51.png?width=499&format=png&auto=webp&s=357a60c9e614e5f671fcee0c67eb897da9e2814d)
+
+  
+
+Long term I remain bullish on the stock market as a whole as well as technology.  If I could go back and load up some more on QQQ at pre-COVID levels, I would.  Today, we look at a way to get paid to try and buy shares at the pre-COVID peak.
+
+The trade is a ratio spread, specifically a put 1x2.  The trade:
+
+* 10/30/2020 Expiration, Buy 1 258 put, sell 2 248 puts for a credit of 1.44
+* Prices are at the midpoint as of 9/25/2020
+* All trades are for educational purposes and do not constitute financial advice.
+
+**Possible Outcomes:**
+
+Here is the P&L graph of the position:
+
+​
+
+[P&L of QQQ put 1x2](https://preview.redd.it/sxkulsh1mqp51.png?width=625&format=png&auto=webp&s=e2a6f4eabac902f854ce3248adcc540009fe0f1a)
+
+* This spread will make $144 if QQQ expires above 258.  
+* It will make more if it expires between 238 and 258 (Max of $1144 Right at 248)
+* It will break even at 236.56
+* It will lose as if we were long stock below 236.56
+
+**Pros to the trade:**
+
+If we are assigned, we'll be long shares at an equivalent of 236.56, which is below February 19 peak of 237.47. If not, then we get a nice credit of at least $144 and a shot at a much higher credit if the stock ends up between 238 and 258.
+
+The expected move (based on the straddle) puts QQQ near 250, which is close to our peak profit.  The 1 sigma move per TOS, which is shown in the above picture, puts QQQ around 239 on the low side.
+
+In other words, if the market moves down and is close to the expected move, we'll end up in our profit "tent".  
+
+**Cons to the trade:**
+
+\[Insert obligatory COVID-19/pandemic comment here that anything could happen\]
+
+We need to be willing to take ownership of 100 shares at an equivalent 236.56 (Technically, we'd be buying shares at 248).  Depending on the portfolio size, this is roughly $25k. 
+
+$144 on $23656 of risk is not a tremendous return for a 32 day hold.  It is about 0.6% for the holding period or about 7% annualized.  
+
+**Counter point to the %return con:**
+
+While strictly our risk is $23656, the probability of QQQ going to 0 approaches zero.  This would mean that all \~100 companies go bankrupt and their shares become worthless.  As an ETF based on an index, if a company does go bankrupt, it will almost certainly be replaced with another (not bankrupt) company.  Last, if AMZN, MSFT, FB, AAPL, etc. all go bankrupt, we have a much bigger issue on our hands...
+
+The point is that our risk is likely quite a bit less, which increases our return. 
+
+In addition, we have an opportunity to make quite a bit more than the $144 if QQQ ends up between 238 and 258.  A good example of this was in a trade I posted for free on my website/Reddit on SPY ([Go Long Spy at Lower Levels](https://optionsalary.com/go-long-spy-at-lower-levels)).
+
+On portfolio margin the trade will use approximately $1500 of margin.  For those that consider return on margin, this is obviously a much more favorable potential return percentage.  
+
+As a reminder, placing this trade requires one to Want to go long QQQ at pre-COVID levels.  The ratio spread is another way for traders to try and get long at lower levels and have the potential for a higher return than simply selling a put.  
+
+Questions/comments are appreciated.
+Just looking for some advice. I’m saving to take my family (me & 3 kids) to Disneyland and Canada for Christmas 2025, so 4 years away. I have $6000 saved thus far and it’s just sitting in a bank account earning shit interest. Any suggestions of what to do with it to earn a bit more (must be secure) Also maybe somewhere that I can add to it as I save?
+
+Any help would be greatly appreciated!
+My wife and I both work full time with 2 kids in our mid twenties. I make $74,000 a year + $5,000 bonus as a marketing consultant. I also have a 9% 401k match. My wife makes $42,500 + $8,300 bonus as an elementary teacher (she can also earn another $5,000 a year for teaching summer school). I also have a side hustle I’ve done for a few years that generates another $10,000 a year. In all, we will make a little over $140,000 this year once we get our yearly raises. 
+
+I feel like we both could be paid more. For my wife it would take a career switch, for me it would just take some work applying. We live in a  LCOL part of the country and our biggest expense is daycare at $1,130 a month, even with owning a 1300 sq foot house. In a non bonus month, we take home a little over $9,000 and of that no more than $4,000 goes to expenses. On average we put $1,053.11 per my paycheck into my 401k (including match, 26 checks a year), $1,000 into Roth IRAs (maxed both since 2018) and at least $2,000 into taxable accounts. Our oldest stops daycare in May, so our free cash flow will increase by $550 then as well. 
+
+I feel like any job one of us got would only increase our savings, not our life style, and we already save over half of our income. Should We strive to leave  comfortable jobs for a higher salary if we are doing well financially?
+Hey everyone!
+
+I know threads about money mistakes in your 20s have been posted a while ago, but I'm making a YouTube video to discuss this topic and I would love to highlight answers from this Sub to encourage more young adults to come check it out! :)
+
+Personally, I think the greatest mistake I have made (and seen others make) is getting complacent and not working to diversify income/skills once you're out of school. I did this for a bit after graduating and I wish I had spent more time furthering my skillset and post-school knowledge.
+
+What is your #1 caution or example of a financial mistake young adults frequently make?
+
+Thanks so much! I made a bunch of recent videos for college students/teens so I hope I can funnel them to this sub with another video to get more young adults thinking about their finances.
+I am a 26 year old college student with no job. My only income is federal pell grants (financial aid) and investing gains. I was wonder if I could contribute to a Roth IRA. It’s a tricky question because since I make less than 10K a year my tax guy says I don’t need to file so I don’t. So my question is, is the investment gains and pell grant money earned income? Can I put it in a Roth IRA if I don’t file taxes ?
+​
+
+[Good times.](https://preview.redd.it/jbpecc3dqys61.jpg?width=1170&format=pjpg&auto=webp&s=f8d493f7ab05aa6d1bfde3454dfb7b4af2065129)
+
+We all know what happened after this tweet, many of us have been HingODL since around this date. Good Ape.  Buy and Hold. Don't day trade. Tell your mom you love her.
+
+I'm not an advisor, I make tin foil hats for a living.
+
+*(This is when you should put yours on btw)*
+
+​
+
+By now we've all seen RC's tweet last night approximately 2,481 times. I will not make it 2,482. 
+
+And we all know the bullish undertones: literal diamond hands, bags, Tuesday Morning next door, etc. Bullish as fuck before, bullish as fuck after. Either way I was gonna buy more.
+
+But why would RC want people to know he was in Culver City, CA? He seemingly could have left that detail out and accomplished the same thing.
+
+# UNLESS
+
+​
+
+[Credit: Google. Decent company apparently.](https://preview.redd.it/c61lfvxtsys61.jpg?width=701&format=pjpg&auto=webp&s=b6988c19df2f11a4b2722ef4d4a9ffb547259c29)
+
+Culver City CA is a hop, skip and a jump from Hawthorne CA.
+
+*"But OPeeeeeeeeeee (whining voice) what's so important about Hawthorne, CA?"*
+
+Calm your titties, young one. Hawthorne just happens to be home base for Elon's jet.  And guess who flew there (hop, skip and a jump away from Culver City) on Friday, April 9th?
+
+[Yes, his jet has its own Twitter handle. Almost worse then the people who make an account for their pets...](https://preview.redd.it/7uqfpow0uys61.jpg?width=860&format=pjpg&auto=webp&s=a0eb1244a2528e299046a92018d057c884fc727d)
+
+And guess who made a cryptic tweet the next day, Saturday April 10th?
+
+​
+
+​
+
+[Oh daddy, give it to me...](https://preview.redd.it/bkm6czjtuys61.jpg?width=1170&format=pjpg&auto=webp&s=6b0eaf7678a8782fe5b4aefe4d75a0d21ca9e514)
+
+​
+
+And if your tin foil hat hasn't fallen off yet from the slickness of your smooth brain, guess who is the **only human being** Papa Cohen follows on Twitter?
+
+​
+
+[You guessed it: Steam!!!!!!!](https://preview.redd.it/i0yvd4a9vys61.jpg?width=754&format=pjpg&auto=webp&s=2aafc0e23f32d442457d654605bbb0476f90ba43)
+
+No not Steam ya imbecile, that would be Elon Musk. 
+
+And oh yeah, Tesla is **suuuuper interested** in gaming for their cars.
+
+​
+
+[Somebody should let Tesla know that half of their steering wheel has been stolen...](https://preview.redd.it/mtqhiaeqvys61.jpg?width=756&format=pjpg&auto=webp&s=3a28a88f39c0d9b848a46d2c39dab3585c755b44)
+
+So if you're a gangster like Elon, who would I want to talk with about this.....
+
+Hmmmmmmmmmmmmmmmmmmmmmmmm...
+
+Perhaps the guy that **beat Amazon** with Chewy? Perhaps the guy that is transforming GameStop into a **powerhouse** as we speak and as I write this shitty post? Perhaps the current chairman (& future CEO please) of said GameStop? 
+
+They need to make room in this bitch immediately: 
+
+​
+
+[Papa Cohen COMING IN HOT](https://preview.redd.it/bfd5iq0nwys61.jpg?width=887&format=pjpg&auto=webp&s=4beb451221f24e648fc4f0e77c21c0f0fa76ad97)
+
+#
+It seems as if ETH has been completely stagnant during this run. Why aren’t people buying? Even some alt coins are shooting up in value. Can someone shed some light on this? It’s a little strange that the No. 2 coin overall with technology far greater than Bitcoin and other alt coins is doing so poorly during such a massive reversal of the market. 
+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!
+
+WASHINGTON (Reuters) -Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar, the latest move by the rental car firm to add zero-emission models.
+
+Hertz said Polestar cars would be available beginning this spring in Europe and later in 2022 in North America and Australia.
+
+The Florida-based rental car company said that it would initially order the Polestar 2 sedan. Hertz shares were up 1.75% in premarket trading Monday.
+
+Hertz in October announced its order to purchase 100,000 electric cars from Tesla Inc, primarily the EV maker's Model 3.
+
+In March, Hertz added Tesla's mid-size SUV Model Y to its electric vehicle fleet, according to the car rental firm's website.
+
+Polestar, which was founded by China's Geely and Volvo Cars, is set to merge with special purpose acquisition company: Gores Guggenheim Inc, this year.
+
+The Hertz partnership "will bring the amazing experience of driving an electric car to a wider audience, satisfying a broad variety of our mutual customers' short- and longer-term mobility requirements," Polestar CEO Thomas Ingenlath said in a statement.
+
+[Source](https://finance.yahoo.com/news/hertz-add-65-000-polestar-115358883.html)
+
+-Hertz is up +10,70% on this news today, and Polestar($GGPI) is up +11,87% today.
+Hey there all,
+
+I have the opportunity to join a $1B+ start-up as a VP, probably 750k-1M TC annually with plenty of upside on an exit in ~3 years.  Founder is a fucking monster name.
+
+Alternatively, I can stay at my current employer and run NE Asia from Tokyo while my kids are young and possibly enjoy an ex-pat comp package.  TC probably 450k, but basically all coming in free and clear given the COL coverage they give.
+
+Other than the copious dilligence to do on the two options themselves, any remarks or thoughts on how to consider the two based upon this or other information not relating to probability of success of each option?
+
+Thanks!
+
+Edits:
+
+The company is worth 3B and it’s in ai. Not going to name it here. 
+
+I’m realizing the equity component will be significantly more. Given expected growth, my 4Y vesting value will be between 3-9M USD with 3Y being a zero growth scenario (unrealistically low). So I was grossly off on equity comp.
+My parents are haulers so they're gone for days to weeks at a time, leaving me (19F) and my sister (17F) home alone. Since my sister can't drive, I'm the one who does essentially everything for the both of us; grocery shopping, driving both of us to and from work, driving us both to and from college and school, etc... our external family offers to help but they always complain when the time comes around, so I've opted out of ever asking them and just to do everything myself. 
+
+This has begun to take its toll on me physically since I've been doing it even before my parents got into this career and I have chronic illnesses on top of all of my responsibilities. 
+
+One of those responsibilities is cooking. Granted, my sister will also cook sometimes, but most of the time it's me coming home from one of my jobs and cooking despite being exhausted because we don't have a lot of money to continually eat out. 
+
+My parents don't care about this though. They will spend their last cent on eating out and don't eat what's made at home. I'm tired of cooking for a family of 4 to save money, just for them to spend $60+ on food (that they won't even package the leftovers of), and then ask me for anywhere from $40 to $500 because they have no money left. I barely have any money left as it is and I need to pay for my overdue summer tuition, groceries, dog food, etc... 
+
+They don't plan their trips when they haul either so they'll stay at expensive hotels for just one night or order out from a bunch of restaurants on the road instead of planning ahead to save some extra money. 
+
+I'm just tired of hearing them talk about how they made over $1k from a haul but spent it all on gas, hotels, and food.
+
+Edit: I'm trying to get around to thanking and responding to everyone's advice but it's a bit difficult. But thank you!! I've gotten a few comments telling me that they were proud of me and that admittedly made me start to tear up, but also I got some really great advice. I'm planning on going abroad next fall semester so I already have a lot of saving to do even with the scholarships I have, but hopefully I'll be able to find some side hustles to save some more for when my sister when I'm gone, and for myself when I come back.
+
+Edit 2: also, I'm not always solely paying for groceries and stuff, it's just very often where I'm paying from anywhere from ~30% to 100% of these expenses. These last few weeks it has been 100% of groceries and other things I've been paying for, but it varies pretty often. They also aren't like entirely broke, they just have very little left more often than not so they have to almost immediately go back out and haul another load just to make a little more. 
+
+TDLR; I'm tired of being asked for money by my parents even though I take care of a lot of expenses while being a full time college student and taking care of my younger sister, just for them to spend money that we need unnecessarily. I got a lot of really good advice that I'm extremely thankful for and everyone here has been so nice!
+I'm retired military that now works in tech...and am pursuing fatFIRE primarily by leveraging my mil/VA benefits and a 3-fund portfolio. While I haven't had any desire to deal with traditional Real Estate...I'm expecting to inherit a significant amount of farmland from my family that is currently rented out for ~$40k annually. I could potentially sell it upon receipt...but I do see diversification benefits that are perhaps even better than traditional Real Estate. The cash rental rates have historically trended with farm commodity prices. And, to be perfectly transparent, the land had significant sentimental value to me having grown up there.
+
+This is probably a shot in the dark considering the tech-heavy population here...but does anyone have any experience with farmland rental in a fatFIRE context? Are there any tax or overall portfolio considerations that I should take into account?
+We have a house in the US that we would like to leave sometimes for 2-3 months at a time. It’s in a relatively high pedestrian traffic area, so we are uncomfortable leaving it unattended for so long.
+
+We’ve thought about hiring a house sitter or perhaps doing house exchanges, but we’re not sure what’s the best option.
+
+What do you all do with your secondary residences?
+Do you have a service that you might recommend?
+I'm just getting started here but I appear to have developed an algorithm that's fairly stable for a subset of equities:
+
+* Bet Rate: 70%
+* Win Rate: 55-60% depending on the time period  58% for the last 5 years
+* Win / Loss is about the same with the win % coming off slightly ahead
+
+I'm working on adding risk management right now but besides that is there anything I should be aware of before actively starting to use this strategy?  I feel as if I'm missing something.
+As many of you may have seen previously, I am currently completing a school project regarding crypto. In an assignment that I started at the beginning of the semester (back in early May), one of the experiments that I really wanted to perform was a real-life DCA vs. "Timing The Market" comparison. Figured the outcome may be interesting/helpful for some & re-iterates my belief that investors (at least new investors) **should always choose DCA strategy for long-term success.** 
+
+In my 6-month comparison, I gave myself $600 for the "DCA" strategy & $600 for the "Timing The Market" strategy. The results of which are outlined in below graph (& corresponding data inputs). The question that I wanted to answer was: **"Would a non-experienced crypto/ETH investor perform better by doing periodic/scheduled DCA buys, or better trying to time the market?"** 
+
+**Conclusion**: In this experiment, the "DCA" strategy was proven to be the more beneficial strategy & resulted in **.0406** more ETH at the conclusion vs. the "Timing The Market" strategy. 
+
+**Rules Of Experiment:**
+
+* **DCA Strategy**: 6 x $100 buys performed on the 20th of each month (May thru October)
+* **Timing The Market Strategy**: Given $600 starting 5/20 to buy/sell however I thought/wanted. Wanted but not required to perform at least 1 x buy/sell each month. 
+
+**A Few Obvious Points:**
+
+1. The 6-month timeframe is not very long. Results may have obviously differed if lengthened/shortened the timeframe (conditions of current market could effect results)
+2. The most obvious point is the fact that I may just suck at timing the market. Could others have possibly done better & had different outcome? Absolutely! I used a few tools (some TA, market sentiment/fundamentals, etc.) to assist my timing of the market but I am by no means an expert. This experiment was to emulate a not so experienced investor (me) trying to time the crypto/ETH market & I think I accomplished that. 
+
+https://preview.redd.it/8dgkbfb1d8081.png?width=1330&format=png&auto=webp&s=892f2127420d0290ab34855636123269ffa53657
+This is why we keep saying, don't get hung up on certain dates.
+
+Imagine we had access to the meeting room at Shitadel Securities, what we could do with all that intelligence?
+
+Well... we don't have access to that.
+
+Guess what, though? They have access to *this* "meeting room"- in fact everyone does. 
+
+In a battle, the one with the most information has leverage.
+
+They know exactly where we place our highest expectations, and what dates, and the sentiments behind them. 
+
+And if I were them, and my strategy was to slowly erode the faith in the reality of what's happening, this is the approach I would take to maximise the effectiveness of my limited (albeit vast) resources.
+
+There has been DD about long whales trying to cause Max Pain for Shitadel & Co. While this may be true, the counter-attack would be to create Max Disappointment for retail, don't you think?
+
+It's always been simple
+
+BUY & HOLD, right?
+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/
+Hey All
+
+I am ditching FreeTrade, their app isn't up to scratch still and the whole FT+ stuff where they're putting key features such as stop losses behind a pay wall, feels all bit too much.
+
+I have been looking at the alternative T212, but I have also been looking at HL to buy ETFs as they only charge the 0.45% fee yearly on a SS ISA. However they still charge a £12 fee for buying and selling equities. 
+
+I guess the question is, how many people feel confident putting quite a bit of money £10k + into something like T212. My plan would of been equities in T212 Invest platform then ETFs in HL SS ISA. Ideally I want to use one platform.
+
+How many people here use T212 for everything and what are your folio sizes (if you mind sharing)
+
+I guess anything FCA regulated is fine up to 85k though, so does it matter?
+
+Thoughts?
+In terms of shares you were thinking seriously about buying but never bit the bullet for? 
+
+Mine would have to be AMD after they got the anti-competitive settlement. I underestimated their ability to take on intel and have been very impressed watching from the sidelines
+I'm 37 and have a flexible approach to my target (semi-)retirement date, though aiming for 57 at the latest.
+
+My pension is invested in a global all-cap index fund and I plan to review that and likely diversify more into bonds etc. when I'm \~50.
+
+I also invest additional side hustle income into a S&S ISA. All things going well, the money here may help me retire from F/T work earlier than pension age.
+
+With the ISA, I'm willing to take more risk for higher potential growth and I don't want to just mirror the pension strategy. Small caps for growth is hugely appealing, but I'm not sure I see the appeal of small-cap index funds when the best companies essentially 'graduate' out of the fund. I'm a big fan of passive investing, but I  see small caps as one type of fund that could really benefit from active management.
+
+I've been looking at funds such as the Baillie Gifford Global Discovery. Any thoughts and/or alternative active small-cap fund suggestions? Thanks!
+I just turned 21 and have a good amount of savings that has been sat in my account for a few years collecting minimal interest. 
+
+Over quarantine I started looking into ways to invest my money and have put a small amount away into crypto currency as a more risky investment that I plan on leaving for many years.
+
+I used the trading 212 practice account to get a grasp of stocks and shares investing and am currently at around 38% gains atm from investing into both individual stocks ( generic ones like NVIDIA, SNAPCHAT, JOHNSON & JOHNSON etc) and some ETF's like the vanguard S&P 500 etc. These gains are most likely luck due to the fact that I conveniently bought the dip on most of my choices when Covid hit. 
+
+Im looking to invest roughly £500-£1000 and am unsure whether I should go safe with EFT's , or because I'm young and this amount is a reletivley small fraction of my overall savings, go for individual stocks that could generate more gains or even look to just invest in dividend stocks.
+
+I feel like I've got a pretty basic understanding of investing and have been pretty confident in myself because of my trading212 practice account. Knowing the money wasn't real I was happy to throw a few thousand here and there. However now I'm doing it for real Im struggling to decide my approach. 
+
+It might also be useful to know that I plan on investing the £500-£1000 exclusively for the time being, whether that be drip feeding or putting in the lump sum. Im a student atm who's not working so I don't have a steady income to be consistently putting money in but I will be doing this one I get a job.
+
+Any advice would be very helpful.
+https://www.inquirer.com/business/phillydeals/infosys-vanguard-outsourcing-20200720.html
+
+The jobs center around management of Vanguard's defined contribution plans -- this means 401ks and profit sharing plans.  Vanguard's goal is to accelerate its transition into cloud infrastructure.
+
+"Infosys, like its large rivals, typically moves work offshore after its U.S.-based and Indian-national partners have learned how to do it"
+
+"Participant phone calls will be serviced by both Vanguard and Infosys."
+
+Obviously, the open question is whether Vanguard can keep customers satisfied while lowering costs through outsourcing.
+
+Bogleheads is discussing the issue here https://www.bogleheads.org/forum/viewtopic.php?f=10&t=320206
+
+EDIT: Found a press release from Vanguard and Infosys https://www.prnewswire.com/news-releases/vanguard-and-infosys-announce-strategic-partnership-301093262.html
+
+> Approximately 1,300 Vanguard roles currently supporting the full-service recordkeeping client administration, operations, and technology functions will transition to Infosys. 
+>
+> [...]
+>
+> Infosys currently serves half of the top 20 retirement service firms in the U.S. [...]. The firm offers end-to-end, enterprise-wide insurance and retirement business-process solutions across five core businesses: life insurance and annuity services, producer services, retirement services, employer sponsored services, and functional BPO services.
+Sorry if this is a bit vague. I’ve been reading and listing to different ways to find properties, make sure the numbers work, how to find a good PM, how to finance, etc.
+
+I’m a little nervous to make a rental purchase for the fear of the unknown because I don’t have  the operational experience of owning a rental.
+
+What do you wish you knew about real estate investing that you can only know through experience?
+I really wanted to get promoted so I could earn more $$ to reach FI faster.  Well I succeeded but found an interesting twist: at higher levels, my company gives employees extra rewards in the form of company stock that takes 3 years to vest.  If you leave the company before 3 years, you don't get the award (very smart for them!).  This is a new ball game to me, because it would make walking away from my job at some future point more difficult...I'd feel bad about giving up that non-vested stock!
+
+
+Has anybody else faced a situation like this?  Does it change your feelings about walking away someday?
+So, I've given a lot of thought in the past as well as recently to my ideal life. It would largely be a large piece of land in a rural area, with an off grid house or cabin on it, with me homesteading. I homesteaded a bit recently and  I am familiar with how to do plumbing (composting toilet, pvc drain, etc.) power (wind, solar, generator) and water (rain catchment system from roof) but am discovering that living off grid is actually illegal in most states. Alaska is legal since it's a way of life there but in the lower 48? Mostly outlawed. I did visit Alaska, but the only thing that stops me from moving there is the cold, the high prices on everything and the lack of jobs in case I want to go back to work.
+
+That leaves the other option of buying an existing small house or cabin on a property in most of the lower 48. Trouble is, most of these are extremely poorly built and over priced. Plus, with my own off grid cabin put together myself, I know how to FIX everything since I would put it all together myself, which will further help reduce my living expenses. 
+
+So are there states where it is legal to live off grid and if so which ones?
+
+Also, would it be a better option to just live in a traditional stick built structure?
+I made a modest (barely below taxable level) 800E profit on some stocks and I just found out
+
+1. I need to manually handle declaring this to the tax office which is probably gonna cost me like 200-300€ in accountant fees
+2. the percentage is a whooping 25%+ solidarity tax ( = close to 27%)
+
+I was wondering what happens if I do not withdraw the money from DEGIRO and keep them there - OR if I wire them back to a different bank account (I have bank accounts in Holland and Greece).
+
+Basically is my assumption correct that my income will be visible/taxable only if I wire back money from DEGIRO to my German bank account?
+
+Any other ways to grow / continue my investment and not have to handle with this every year?
+
+Thanks in advance for any tip/advice or piece of information!
+Hi all, 
+
+as you all know by now Degiro is holding out on new subscriptions so folks are turning mostly to IB. In fact I do have opened an account with IB and I enjoy reduced monthly custody fees (3USD x month minus any trading fees I incur into) due to being under 25. However, for the amount of money I will invest (around 1k in the next 6-12 months, I'm going to do a more accurate DCA plan), I sense that those 2-3USD monthly are going to be a pain in the ass.
+
+So my questions are: 
+
+\- What your opinion on those (3-commissions) USD monthly fees?
+
+\- Will changing brokers in 1 year or more going to be a big issue?
+
+\- Why is Trading 212 not a best option to IB since they have 0 commissions and fees?
+Crossposted to r/Finanzen because I live in Germany. Unfortunately my 1999 VW Polo is on its deathbed, so I'm looking at getting a newer (but still used) car. Ideally a modest city car like a VW Up! or Skoda Citigo.
+
+Most of the cars I see in my price range (€6000 to €7000) are either newer cars with high mileage (e.g. a 2017 or 2018 car with ~75k kilometers) or a slightly older cars with low mileage (e.g. a 2014 car with ~30-40k kilometers).
+
+Which scenario do you think is better? Older car with low km or newer car with high km?
+
+I'm a relatively intensive driver (averaging maybe 20,000km per year plus or minus 5,000km), mostly highway, but this makes me think that it might be better to lean towards the older car with lower mileage...
+Hi there,
+
+I am 31 years old, living in Germany and after some months of research am looking to get started investing for early-ish retirement.
+
+My plan is to invest solely in ETFs, if possible automated and with about 300 euros monthly. It is for this reason that I have ruled out mutual funds – since I have no lump sum to begin with.
+
+Since I am investing monthly, I am ideally looking for a no load option. I know banks like ING-DIBA have free purchases on some ETFs but it seems to be for a limited time only and I’d be worried they hike up the costs after a year. Are there any others which offer a more permanent fee-free purchase option?
+
+I am obviously looking for something passively managed but am open to the idea of automated rebalancing if its available and doesn’t add a stupid amount to the fees. I would also like dividends to accumulate/be reinvested.
+
+One of my main concerns is security which is why I have ruled out brokers such as Degiro. I am happy to pay slightly more in fees if it means a much greater chance of the provider still existing in 20+ years when I go to cash out.
+
+It is also possible that I will move from Germany after some years. Any major considerations in this regard? If I do move, it will most likely be to Ireland. Here getting hit by some form of double taxation would be my main concern.
+
+Also in terms of which ETFs to buy. I had been thinking of going US, EU and Emerging but considering I’ll be doing so with just 300 euros monthly, would it make more sense just to go all in with the MSCI World index?
+
+I am still currently undecided if I should do this via a bank, such as ING-DIBA or Comdirect, or through one of the robo-services such as Scalable or Whitebox. I have also heard things about Lyxor, Onvista and going directly through Blackrock. Any comments, opinions or advice on any of these given the above points?
+
+Any advice or pointers in relation to going for one or multiple ETFs (given the not so huge monthly amount) and which bank/broker(s) would be the best fit given the desired criteria would be greatly appreciated.
+
+Many thanks in advance!
+
+
+
+
+I´m 20y/o living in Austria and recently moved back in with my mother to finish my matura (Highschool Degree).I´m working 15hrs a week and make around 750€ a month. My monthly expenses come down to about 150€.Since I don´t have to pay any rent or food I´m left with around 600€ per month.I´ve been tracking my expenses for about 2 Months now and tried keeping them as low as possible.I have about 700€ saved up and don´t know where to go to from this point and need a plan.
+
+Should I just save up more money?
+
+Should I open some kind of fund? (Don´t have any investment knowledge yet)
+
+Should I get some kind of insurance?
+
+Just looking for general advice since I´m at a good starting point, and now is a great time for me to plan my financial future.
+
+\#Edit1: Fixed some typos.
+
+\#Edit2: Ok so the common advice that I get is to save up around 5-6k which I will definitely be doing. And secondly thanks for all the kind words and advice!
+
+  
+
+Hello,
+
+So, this is kind of question for the near future but I wanna start thinking and preparing for it now.
+
+I’m 21 years old and recently got my real estate license. I’m currently on temporary assignments through a staffing agency with new home builders/sites. I’m looking at a $40-60K base salary when I get officially signed on to work with a builder on top of a projected $20-30K a year in commissions.
+
+I currently have about $20,000 in savings and still live at home and plan to for the next 2 years. I have no bills besides gas which I use my credit card for to slowly build credit (I have baby credit with a score in the 700s). My current car is paid off and has a KBB trade in value of $8000. 
+
+So, my question is will I be able to afford a used car that’s $25-30K? My plan would be to trade in my car and put $10,000 down. Ideally get a 48 month loan but open to 60. 
+
+Based on that information above I have found my payment could be around $300/month. 
+
+Any thoughts on this? I know a car shouldn’t be a top priority I’ve just had the same 2017 Nissan Versa for 4 years and am excited for an upgrade.
+
+Thanks!
+
+Edit:
+
+This is an awesome subreddit I am very glad I posted here! Thank you to every single person who has commented, you all have given me really solid advice. I’m trying to respond to everyone but if I don’t just know I’m thankful you took the time to help me out and provide some invaluable insight! Considering every single comment and have learned a lot!
+Guten Morgen to this global band of Apes! 👋🦍
+
+After a sustained period of price decline, it seems that GME is potentially heading for another upward breakout.
+Such price action doesn't really matter, since nobody is selling for these discount prices.
+However, it does often pump new energy into this movement, and that is something that I always welcome.
+
+The SHFs know that there is no way out of their impossible short positions unless they can get Apes to give up hope.
+I don't know how they expect to achieve that, given that we are approaching two years into this movement and their position gets worse each day.
+I am optimistic that we could have over 100 million shares locked up by the end of this quarter.
+Each day, they fight to survive, paying high fees to borrow shares and racking up new naked short positions when they don't borrow.
+Each day, they struggle to maintain margin requirements in a volatile market, needing massive cash infusions just to survive.
+Each day, we DRS even more of the float, ensuring that legitimate shares are even more difficult to come by.
+They want us to give up hope, but *we* are not the ones who are struggling.
+
+Our Diamantenhände are ready for whatever they throw at us.
+We are investors in the most promising company revitalization in decades.
+There is nothing that is going to change my mind on that.
+
+Today is Monday, September 12th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 120 minutes in: **$28.87 / 28,73 €**  *(volume: 8703)*
+- 🟥 115 minutes in: $28.78 / 28,64 €  *(volume: 8432)*
+- 🟩 110 minutes in: $28.87 / 28,73 €  *(volume: 8428)*
+- 🟩 105 minutes in: $28.79 / 28,65 €  *(volume: 8213)*
+- 🟥 100 minutes in: $28.73 / 28,59 €  *(volume: 7271)*
+- 🟥 95 minutes in: $28.76 / 28,62 €  *(volume: 7107)*
+- 🟥 90 minutes in: $28.80 / 28,66 €  *(volume: 7012)*
+- 🟥 85 minutes in: $28.83 / 28,69 €  *(volume: 7012)*
+- 🟥 80 minutes in: $28.84 / 28,70 €  *(volume: 7012)*
+- 🟥 75 minutes in: $28.87 / 28,73 €  *(volume: 6947)*
+- 🟩 70 minutes in: $29.08 / 28,94 €  *(volume: 6861)*
+- 🟩 65 minutes in: $28.67 / 28,53 €  *(volume: 5305)*
+- ⬜ 60 minutes in: $28.54 / 28,41 €  *(volume: 5055)*
+- ⬜ 55 minutes in: $28.54 / 28,41 €  *(volume: 5055)*
+- 🟥 50 minutes in: $28.54 / 28,41 €  *(volume: 5035)*
+- ⬜ 45 minutes in: $28.55 / 28,41 €  *(volume: 4999)*
+- 🟥 40 minutes in: $28.55 / 28,41 €  *(volume: 4969)*
+- 🟩 35 minutes in: $28.67 / 28,53 €  *(volume: 4966)*
+- 🟩 30 minutes in: $28.54 / 28,40 €  *(volume: 4259)*
+- 🟥 25 minutes in: $28.45 / 28,31 €  *(volume: 4059)*
+- ⬜ 20 minutes in: $28.49 / 28,35 €  *(volume: 3787)*
+- 🟥 15 minutes in: $28.49 / 28,35 €  *(volume: 3787)*
+- 🟥 10 minutes in: $28.53 / 28,39 €  *(volume: 3459)*
+- 🟥 5 minutes in: $28.81 / 28,67 €  *(volume: 1363)*
+- 🟩 0 minutes in: $28.99 / 28,84 €  *(volume: 567)*
+- 🟩 US close price: $28.92 / 28,78 €   *($28.95 / 28,81 € 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 1.0049. 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 currently earning around 41k but my take home is always around £1950
+
+Most of the deductions are on tax with also NI , student loan (plan 2) , pensions and car parking making up the rest
+
+I pay 9% on everything above 25k - my student loan is plan 2 so interest is accruing at 6.6% since starting medical school in 2012 so stands at over 70k atm and I’ll likely pay 140-150k across my career - I understand I am in the minority that this is probably worth overpaying on but also has risks of needing the money for house/car etc plus government changes in future (however unlikely)
+
+Parking again is percentage of salary but I usually pay £30 a month
+
+Pension is NHS DB scheme again I contribute a percentage of my salary - 9.1% 
+
+Previously I had been doing Locum work (doctor) but I’ve become loathed to doing any more as I’m barely taking half the gross and just means I’m paying more for my student loan etc 
+
+I know there probably isn’t but for those who earn higher than 41k - is this the same for you and just something you have to get used to or is there anything I can do about it? 
+
+And for those earning towards 100k and over - what is your take home as a percentage of your gross salary?
+
+US market wasn't as bad on Friday. Opened bad but after multiple attempts to recover, ended with  relatively mild loss (.8% in s&p and 1.3 in dow). I must add that it recovered 2.5% in last 15min. This was likely because of some fed chief statement that they will intervene and cut some rate and stuff. Also, Dow futures are now in green which is important. 
+
+Because of above two factors, i think US and indian market, which is trying to mirror US, will stay positive or low negative next week. 
+
+Feds can cut rates but cant help with virus problem. Which might get severe next week. So after opening green, the challenge will be to sustain those levels after the cuts. 
+
+When nifty opens green, people might see an opportunity to buy some fundamentally sound stocks at huge discounts which is not a bad idea, but could become a trap if virus situation worsens(which it will).
+
+Your thoughts?
+Hello there. I have recently purchased a flat, 8th January 2021 to be precise, from the land owner of a society who basically owns half the flats in the society. There's a team who manage sales on the owner's behalf. I recently asked them for the PTIN (Property Tax Identification Number). The team agreed to provide the PTIN only if I pay the tax amount which is about 10k. I'm assuming this is for the assessment year 2020-2021 so correct me if I'm wrong.
+
+Ideally, should I be paying the full amount or only the pro rated amount for the months Jan 2021(Month of purchase) - March 2021.
+
+Edit 1: Just checked the status online and apparently the property tax is unpaid for the last three financial years.
+Word of caution, there are plenty of people on this forum that thrive in getting people to panic or push their bearish view on them. 
+
+I don't know where house prices are going to go but the environment isn't as bad as the narrative that people are spruiking on this forum. 
+
+First of all the RBA will be watching closely in how the economy manages the increase in rates. As per Dr Lowe's statement, wage growth would require to increase substantially for inflation levels to be sustained once supply chains are back on track. No one wins by the RBA jacking up rate to 8% in 12 months. Its just not going to happen. Which brings me to point number 2.
+
+The neutral cash rate (neither stimulating nor contractionary) is 2.5%. So if you're comfortable servicing a 4.5% interest rate then you'll be fine. Yes the rate might temporarily go higher to "cool" the economy, but it would require real wage growth for this to be sustained for a longer time. Wage growth obviously makes servicing your debt easier and this means the value of debt is essentially eroded. 
+
+So most people have their mortgage serviceability assessed at 5.5% or higher which is a full 1% higher than what the "neutral" mortgage rate is. 
+
+Lets talk about APRA. It is the banking regulators responsibility to ensure banks aren't taking on systemic risks. They are quite happy with how the banks have been lending which can be seen by their lack of introduction of the Countercyclical capital buffer. This buffer is introduced when APRA gets a wiff of systemic risk taking, which isn't the case. 
+
+Savings rates and deposits are through the roof meaning a large proportion of Australians have tucked away savings during the pandemic and this gives them a very nice buffer. This isn't overly surprising. People, in times of uncertainty, tend to take a conservative approach and reduce their spending or bank the stimulus checks. This happened en mass in 2020/2021.
+
+Speaking from experience, APRA has been engaging with all the banks and making sure they aren't taking on excessive risks. This means they've been keeping a close eye on how much of banks portfolios are in "risky" mortgages which includes high LVR loans. Investment loans, interest only loans and also loans with debt-to-income ratios of 6 times or higher. 
+
+We are currently sitting on record low default rates in banking. This is obvious because of economy stimulus measures in 2020 and into 2021 but also record low interest rates. Default rates WILL increase because they can't stay on record lows forever. This won't be a surprise to anyone. Will this be a huge systemic issue and will it crash the housing market? I highly doubt it. 
+
+In the organisation I work the view is that house prices have to cool. What has happened to the housing market just isn't sustainable. But the consensus is that the market will cool maybe 10% or so, certainly not the 30% to 50% drops that I've seen suggested on this forum. 
+
+Please take this post with a grain of salt. I don't know what will happen. Admittedly compared to many other posters I have a far less pessimist view of how this housing 'crisis' will unfold. But hopefully I've expressed in layman's terms why I feel this way.
+
+Keen to hear other peoples views and remember its okay to disagree.
+
+I'm honestly slightly scared and want to get a leg up so I know what the hell I'm doing.
+
+Edit: Thanks for your help guys. What I'm getting from this generally is:
+- spending less than what you earn
+- if I have to question whether I can afford something, then I probably can't
+- being extra safe when using cash machines and my PIN
+- and since I'm still a child, now might be a good time to explore YouTube as a side thing without having the pressure of relying on it.
+
+Again, I really appreciate it. Also to that one person who said not to smoke, don't worry. I have asthma already, I'm not gonna make life worse for myself.
+Research show that people rarely rise above the social class they were born in/grew up in. Basically, if you grew up poor, you will most likely stay that way.
+title edit: 1 in 3.5 million? Billion? Quadrillion? Whatever.
+
+Vlad has often cited this 3rd party analyst claim, calling it a black swan event. Here's why that's a total crock.
+
+This is not the first ever short squeeze. Nor was it the largest by any measure. The volatility of equities being squeezed is common knowledge and expected. GME **doubled** in price the 2 weeks leading up to the squeeze, on astronomical short interest. We all knew it was squeezing, why didn't Robinhood?
+
+*"Yeah, but RH had so much more exposure than expected because so many retail buyers were buying it on their platform."* Well, duh. Why do you think stocks squeeze? Because of retail hype. And not only did Robinhood have the data to know and expect their user base to be in big on the squeeze, **it's their freaking business model.** They actively highlight popular stocks to attract new users and entice trading activity.
+
+So WTF was Robinhood expecting? They just fell asleep and are entirely culpable.
+So after re-reading the big short again, I think it finally clicked. Naked shorting may not be the big issue here. Naked shorting may just be a small tool used to support a much bigger derivative problem, synthetic credit default swaps. 
+
+How bad can it be that the NSCC itself called Vlad and cut a deal to turn off buys. Other short squeezes never had that type of manipulation before. Even if Shitadel and friends were overextended, I don't think it makes sense to risk the entire market over a few bad eggs to tlto blatantly openly manipulate to the point that even the most unlearned of congressman would be able to call out.
+
+The report on credit derivatives just came out and many people will notice that by far the number one derivative traded between big banks are credit default swaps.
+
+Before I get into the theory and my request to look into this more, let me introduce Credit default swaps in ape language.
+
+From investopedia:
+
+"A credit default swap (CDS) is a financial [derivative](https://www.investopedia.com/terms/d/derivative.asp) or contract that allows an investor to "swap" or offset his or her [credit risk](https://www.investopedia.com/terms/c/creditrisk.asp) with that of another investor. For example, if a lender is worried that a borrower is going to [default](https://www.investopedia.com/terms/d/default2.asp) on a loan, the lender could use a CDS to offset or swap that risk. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults. Most CDS contracts are maintained via an ongoing [premium](https://www.investopedia.com/terms/p/premium.asp) payment similar to the regular premiums due on an insurance policy. "
+
+OKAY GREAT NOW WHAT DOES THAT FUCKING MEAN IN NORMAL VOCABULARY
+
+A credit default swap is an insurance policy on the debt of others that you own. Normally it is used as a hedge against lending money to corporations AKA corporate bonds (as well as other types of bonds)
+
+For example:
+
+If Gamestop needs, oh I don't know, $216 million in funding (total long term debt at the end of 2020), it can get its money from a big bank, Goldman Sachs for example. This then becomes a significant liability on the banks books. To offset this risk, the bank can then purchase a credit default swap from another bank lets say Credit Suisse, which will then **act as insurance** against Gamestop defaulting on its newly issued bonds
+
+So GS buys $213M in GME corporate bonds (effectively lending money to GME). GS then purchases a CDS from Credit Suisse to insure the $213M in bonds and pays a premium on this policy (interest) for like $5M a year for the life of the bond. If GME defaults during the life of the bonds, CS has to pay GS $213M for the price of the now worthless bonds. If GME doesn't default, GS just paid $5M a year to CS for 10 years.
+
+**Now here's where it gets slimy and opens up to fraud.**
+
+In the example above, the $213M in actual debt was insured using the CDS. It was a real CDS......but it doesnt have to be. A synthetic CDS is a bet on that corporate debt without ever being the lender. Bring in BofA for example.
+
+While GS continues to pay CS year by year for $5 for GME bond debt, BofA enters the game. BofA doesn't want to actually lend Gamestop money but thinks Gamestop will go bankrupt and default on its debt. It can then go to CS who sold the real CDS to Goldman Sachs and purchase a synthetic CDS using the same underlying (the GME corporate bonds that GS bought). **This effectively means that the CDS no longer is a hedge, but becomes a naked bet, PUTTING BofA SHORT GME. In this example, BofA are betting that GME will go bankrupt, not by shorting its stock, but by betting it will default on its debt.**
+
+Thank you to The Big Short for showing how CDS's can be used as Much larger, repackaged, less regulated short positions on companies.
+
+Now what the hell happens if that debt goes away?...... What if GME pays off its debt early? Who loses?
+
+Anybody who was betting on Gamestop defaulting on the debt loses. The synthetic CDS's that were taken out by BofA on Gamestop's corporate debt would effectively evaporate, meaning that they paid $5M per CDS contract, per year. 
+
+And if you are overleveraged in this larger, more thermonuclear,  opaque area of the market by, I don't know 200:1? (looking at you, BofA) You just lost a hell of a lot of money, I'm talking many 10s if not hundreds of billions in unrealized losses and you continue to bleed that $5million x #contracts per year. Multiply this by 20 or so big banks, all making 50 - 200:1 overleveraged synthetic CDS bets against Gamestop, The money at risk for GME alone could be Trillions of dollars.
+
+Some of the questions I'm looking for.
+
+1. Who would be on the other side of the CDS? Blackrock? Is that why Blackrock put RC into the chairman position, bought 9m shares and let it run? BR did say that they are sitting on more cash then they have in years and have been rapidly buying properties to hedge for inflation.
+
+2. Does the timeline of defaults (Archegos, etc) match with GME financial statements on when they paid off their debt.
+
+3. What the hell does a CDS look like on a balance sheet? Do the runups and debt payoffs correlate with all the big banks starting to lose a bunch of money.
+
+4. Do CDS's just disappear when the underlying gets paid off early? Is it the same for synthetic CDS's
+
+5. How do the quarterly derivative rollover dates affect this (u/Criand)
+
+Unfortunately I'm too busy writing my Ph.D. Dissertation to really dig deep into a lot of this. Hoping some wrinklebrains with a bit more time can help to answer these.
+
+**TLDR:** Thanks to Burry and Friends, I'm starting to think that naked shorting is only a tool to help push companies to bankruptcy where the real payday is not in the equities market but in the Corporate bond debt credit default swaps. These markets are much less regulated, are worth almost a quadrillion dollars and CDS's can be used effectively as a MASSIVE put on a company while using your smaller fish (Shitadel and friends) to short GME in hopes of making that debt default come true.
+
+I'm starting to believe the DTCC, Citadel, NSCC may not be the big players here and that the massively overleveraged Big banks have been taking out enormous synthetic CDS positions on Gamestop (and other companies in the past) in the hopes that they default on their debt.  I need help looking into this. For example, who has owned Gamestop's debt at what time and when? Timeline of the runups with derivatives rollovers, and debt payoffs. (u/Criand) Anything else we can scrape from the ridiculously opaque derivatives market regarding over leveraging and using synthetic CDS's to bet on a company going bankrupt.
+
+Edit: This may be what Burry was saying about corporate bonds. Once again a tool used to hedge risks is being used to make naked bets against companies. (Also edited for clarity and added a few questions at end)
+
+That is all. Buy and Hodl.🚀
+SEC Announces Agenda for October 12 Investor Advisory Committee Meeting
+09/22/2017 12:00 PM EDT
+
+The Securities and Exchange Commission today announced the agenda for the October 12 meeting of its Investor Advisory Committee.  The meeting will begin at 10 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, N.E., Washington, D.C., and is open to the public.  The meeting will be webcast live and archived on the committee’s webpage for later viewing.
+
+The committee will hold three panel discussions covering blockchain technology and implications for securities markets, law school clinic advocacy efforts on behalf of retail investors, and electronic delivery of information to retail investors, which may include a Recommendation of the Investor as Purchaser Subcommittee.
+
+The committee welcomes new members Allison A. Bennington, a Partner and General Counsel at ValueAct Capital, and Mina Nguyen, a Managing Director at AQR Capital Management.  Members of the committee represent a wide variety of investor interests, including those of individual and institutional investors, senior citizens, and state securities commissions.  For a full list of committee members, see the committee’s webpage.
+
+The Investor Advisory Committee was established under Section 911 of the Dodd-Frank Act to advise the Commission on regulatory priorities, the regulation of securities products, trading strategies, fee structures, the effectiveness of disclosure, and on initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace.  The Dodd-Frank Act authorizes the committee to submit findings and recommendations to the Commission.
+
+https://www.sec.gov/news/press-release/2017-174
+Link to goverment site https://www.simpleenergyadvice.org.uk/pages/green-homes-grant
+
+What is the Green Homes Grant?
+Homeowners and landlords in England can apply for a voucher towards the cost of installing energy efficient and low-carbon heating improvements to homes, which could help save up to £600 a year on energy bills.
+
+The government will provide a voucher that covers up to two thirds of the cost of qualifying improvements to your home. The maximum value of the voucher is £5,000. You may be able to receive a higher level of subsidy if you are a homeowner and either you or a member of your household receives one of the qualifying benefits, covering 100% of the cost of the improvements. The maximum value of these voucher is £10,000. Landlords cannot apply for the low-income part of the scheme.
+
+Local Authorities will also be making support available for low income households in their local area through the Green Homes Grant: Local Authority Delivery. More information on participating Local Authorities will be made available on GOV.UK in due course.
+ 
+
+[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
+
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+
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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!*
+I have no idea what to do. I feel completely dysfunctional and disorganized. My entire life feel like a PTSD fueled joke (or nightmare). I desperately need work or some sort of income stream to escape this hellish condition. But I do not feel mentally capable at the moment (the trap). 
+
+I will break down my life into a few smaller sections to summarize how absolutely screwed I am: 
+
+* Early ages, frequent stays at "daycare" centers and having horrifying reactions 
+
+* At age 6, moderate to severe brain injury from tripping into a large brick surface at full running speed (no hospital trip) 
+
+* At age 8 to 10, I spend two years in a hotel after mold is discovered in a new home we moved into. My weight goes from something like 110 pounds to 180+ pounds. I was around 5 foot tall. My "new" home becomes a hoarding and toxic nightmare fueled with my parents' crazy behavior. 
+
+Most of my early pre-teen and teenage years were trying to recover from the big three points mentioned previously. Food, porn, video games, and school grades were my ways to cope and avoid thinking about my past self. 
+
+I avoided women, I avoided friends, I avoided thinking. I felt trapped either in my addictions (porn, food, video games, school/grades) or my compliance (agreeing with teachers/parents/higher authority). 
+
+I was NOT mentally or emotionally ready in a healthy consenting way for college. I was financially and emotionally manipulated compounded with a learned helpless response to just continue a grind for the sake of a grind. 
+
+Until I tried to kill myself. 
+
+
+Anyways, the past is the past. But it has crippled me. I feel completely defeated. I could not even kill myself properly (which lead to the TBI). 
+
+Things I have never experienced and most likely never get to experience: 
+
+* Moving out of this shit hole environment my parents' call a "home" 
+
+* Dating 
+
+* Getting a job that is not fast food or the like 
+
+ 
+I can only do intensive, thoughtful tasks, in bursts. Symptoms of the TBI include irritability, lack of impulse control, ringing of my ears, cognitive decline, and constant headaches. 
+
+What advice, if any, do you have for my situation? 
+
+
+
+I spend most of my time overseas.  Have done for several decades now.  I have a GPO box back in Oz but don't have any family who can check if for me.  Gets cleared once a year at best.  
+
+I have everything possible set to online statments.  But still get fucking paper chess statments.
+
+Has anyone successfully set up online statements for their shareholdings.
+
+And if yes please share your secrets.
+ 
+
+FOD
+
+Intro: 
+
+As was promised, here’s a DD for Food Revolution Group (FOD). Just a friendly reminder that I hold shares of this company and am planning to do so for a medium-long term timeframe. Please do your own research and make your own decisions in regards to your investment journey. Please if you have any questions, suggestions, feedbacks feel free to comment below and I try to respond asap. Also my apologies as I was meant to post a DD here yesterday but due the reasons I will explain at the end of this post there was a delay. 
+
+MktCap \~ $32 mill
+
+About: 
+
+FOD is a food, beverage and nutraceutical company that is active mainly in 3 platforms of Premium fresh juice, All Natural Wellness products and Premium Health & Beauty products. FOD had been in a downward spiral previous to 2019-2020 for a multitude of reasons which I’ll discuss shortly. However recent promising financials and the appointment of a more experienced team sets this company as a candidate for significant turn-around and growth. Additionally, this company benefits from the support of S3 Consortium (Wise Owl in this case) which is the financial group that also runs Next Investors and Catalyst Hunters. And we’ve all seen what they can do to a SP with a mere email. 
+
+The three product lines are as follows:
+
+Original Juice Company (OBL) : This is the brand of an orange juice that you would have seen in all big retailers (Coles, Woolies, IGA, Aldi) . The technology to produce a quality OJ was brought about in collaboration with CSIRO (Australia’s national science and engineering organisation) through the development of Counter Current Extraction (CCR) technology to extract juice from fruits and vegetables in a more concentrated manner (less need for solvents). Its processing facilities are located in Millpark, Victoria. OBL is FOD’s most successful product so far. It is currently growing by a whooping 24.4% compared to the wider OJ market at 3%. OBL is asserting to achieve 15% of Australian juice market. 
+
+Juice Lab: The new products in this line are what is called a Wellness Shot. These healthy shots are accepted widely within Asian countries and they have recently started to emerge within the Australian market. They are usually small containers (60mls) that contain a mixture of different fruits, vegetables and herbs that are widely popular like Ginseng and Guarana. The current range includes Focus , Immune and Digest. They were released in Coles and IGA in late Feb/early March. The sales of these products exceeded expectations (2-3x larger sale volume than was expected) and as a result of that Woolworths that is the biggest player in food and beverage retail signed a contract for release of these products from May. 
+
+Wellness supplements: 
+
+In 2020 FOD constructed its high tech lab and produced its skin care products called Eridani. Eridani is a marine collagen product that has been rolled-out in the Chinese market through the e-commerce platform. This is the area that requires the most amount of improvement as it has only signed a $1mill contract with a huge potential still remaining untouched. The collagen market is worth around $4.5 billion dollars and a fraction of this market can significantly boost the SP and financials of this company.
+
+Financials: 
+
+The most recent financial is the half yearly of 31st of Dec 2020:
+
+For comparison 
+
+HY 31 Dec: 
+
+Gross Revenue  = $22.2 mill (+24% change)
+
+Profit after tax  = $32k (+102% change) 
+
+​
+
+HY 30 Dec: 
+
+Gross Revenue = $17.9 mill 
+
+Profit after tax = (minus $1.7 mill) 
+
+Cashflow: 
+
+* Cash of $2.94 on hand at 31 Dec 2020. 
+* Placement of $4.5 mill to support the rollout of wellness shots and marketing and operational initiative
+* **Further placement of $3 mill (at 3.5 c) that is not reflected in this half yearly to partially retire debt** 
+
+Gross Profit and EBIDTA: 
+
+* Gross profit of $5.69 mill (31% of net sales)
+* Profit after tax (32k) : This is the first time the company is making profit which reflects a turning point in the sales, increasing revenue and decreasing expenses. 
+* EBIDTA : $2.13 mill which is a 10x improvement on the previous $0.21mill (H1Y20) for the previous corresponding period
+
+Price to sales analysis:
+
+* Fair value is slightly over the 7c at 1.65 x sales currently on the table. In the past FOD has seen the ratio of 0.72 due to level of debt and uncertainty. More improvement on the debt reduction would see the price reaching its fair value. 
+
+Positive outlook: 
+
+* The quarterly is being published on 28th of April and through a recent announcement the company mentioned that they grew by 25.9% and considering the previous cap raises they will be guaranteed Cash Flow, EBITDA and NPAT positive. 
+* FOD is in Wise Owl’s portfolio, which with Next Investors and Catalyst Hunters for the S3 consortium(Stocks Digital). Any positive announcements by the company would be further promoted by them as they hold shares themselves. 
+* The CEO Tony Rowlinson has a salary of 70k but a total Options/Right of $500k which would act as an incentive for the executive team to push the SP higher. Since the advent of the new team the company has been on a significant trajectory regarding its growth.
+* With the recovery of fruit products from bushfires the price of the fresh produce continues to decrease which would decrease the operational costs of FOD.
+* The OBL continues to outperform the market by great margins. This movement plus the rollout of wellness line into Woolworths, convenience stores and South Australia is primed to further improve the  
+* With the ease of COVID-19 restrictions and the rollout of vaccines, the beverage retail sector has started to recover and will continue to do so unless the pandemic reaches the march 2020 status. 
+
+Negative outlook: 
+
+* There have been many promises by the previous team that have been left unfulfilled. The biggest promise was the rollout of the beverage products into the Chinese market which would act as a massive price catalyst (consider the A2 milk in its prime days). The promise is yet to be fulfilled 
+* The price and supply power of products directly ties into the availability of fresh produce; further bushfires would severely impact the production cost and damage the profit generated. 
+* In the financial statement in the annual report the had a decrease in gross profit (from $5 mill from $8.4 mill) in spite of increasing revenue ($34.8 mill from $29.2) as the price of products rose due to the bushfires. A loss of ($9.6 mill) was recorded which was a great improvement from ($14 mill) in previous year. However a loss is a loss and should be considered in the negative outlooks. 
+* The food beverage market is a very competitive market and the SP can be severely damaged by executive mismanagement in regards to operation
+
+**This is the end of the DD**
+
+On a separate note: I apologise if I couldn’t post this yesterday. Unfortunately over the weekend I was notified of a death of one of my closest friends due to suicide. I would encourage anyone who is going through a rough patch to please get in touch with a crisis support group (Life Line 13 11 14) or contact a friend. My reddit is always open to anyone on here and you can message me for a banter or any other reason. If you have a friend that has been down or you’re worried about them, please ask them how they’re going; If you see something, say something.
+https://www.marketwatch.com/story/amazon-refocuses-interest-in-manhattan-office-space-after-dropping-long-island-city-deal-2019-05-28
+
+Amazon may have bid farewell to Queens, but it still “hearts” the Big Apple.
+
+After walking away from a deal to build a headquarters on the Queens waterfront in Long Island City, Amazon is back to shopping for office space on Manhattan’s West Side, sources tell The Post.
+It just hit me that most of my problems are related to money. I live in a low income neighbourhood. I make around $25k per year and have independents so money is a constant worry. If I make even $60k per year, our quality of life would dramatically change. Sometimes, I understand why people do crazy stuff to make money because lack of it is brutal.
+
+Edit: When you can’t provide for your family properly, your self-esteem takes a nose dive too. Every time my children ask for something basic and I tell them I don’t have money, I feel inadequate, a great sense of guilt and shame.
+**2007-2008 14-15 Y/O $1,000 NW** 
+
+From the time I was a kid I’ve always had really strange and interesting ways of making money. I’m starting my story here, at 14 years old, because I consider this the first time that I “made” (and saved) a significant amount of money. To someone this age, having four figures feels like an accomplishment. In 2007 I was like any other high school freshman, addicted to the Xbox 360. My games of choice were FPS games (Call of Duty to be specific). One late night I was tinkering around with the 360 controller and figured out a nifty way to create a [“modded rapid-fire” controller](https://imgur.com/a/X61sFjD) by connecting the player LED to the right trigger contact and sticking a momentary push button in between. With the button mounted on the back of the controller, these controllers simulated extremely quick rapid fire in FPS games giving the user a significant advantage with certain guns. The parts to build one of these cost \~$2 and I started selling the “modding” service on Craigslist for $40 per controller. This was before I could drive so I used to bike down to the local gas station to meet people and upgrade their controllers. This is how I saved my first $1,000. (Fun fact: this got so bad that Microsoft actually changed the logic board design of their 360 controllers out-of-band and the new board didn’t use pulse-width modulation for the player LED, fixing this vulnerability.)
+
+​
+
+**2009-2010 16-17 Y/O $2,000 NW**
+
+Now that I could drive I bought myself a cheap car and got my first job. I worked at Chuck E Cheese as an Arcade Technician (and occasionally had to be the mouse) for minimum wage which I think was $7.25/hr. The job was pretty fun and I became really good at fixing the machines and beating the games. There are people called advantage players who use their ability to beat the games to profit from playing – at the time I wanted to try and do this to make some additional money. However, my employment there ended swiftly one day. Inside Chuck E Cheese we had one of those [large indoor playsets](https://imgur.com/a/6KrK6cX) with tubes you could crawl around, slides, etc… A young kid had climbed into a section of the skytubes which was a rope enclosure suspended up high in the air. To try and describe it further, the area the kid was in was a ceiling-suspended “sky-netting” (think like a bird cage up in the air but made out of rope and completely enclosed). The kid took a shit and it fell right through the netting and landed right in the middle of a family sitting at the table below. The shit was wet, went splat, and they wanted me to clean it up. I walked out never to be seen again, but not before having built up a net worth of $2,000. 
+
+​
+
+**2011-2012 18-19 Y/O $10,000 NW**
+
+These were my first few years in college. In my time between classes I would play Runescape. Today it’s known as Old School Runescape but back then it was just the main game, it is a massively multiplayer online (MMO) game with hundreds of thousands of players, an active economy, and gold that is worth real money on the black market. I started and ran the largest gambling clans on world 65. This wasn’t a main world so I didn’t make the $100K+ that the big guys made on world 2 but my clan still did well. I hosted a game where you had to guess the color of a flower. Players had a 3/7 chance of winning and I had a 4/7 chance of winning – which gave the house (me) a 14% edge vs the player. The city of Las Vegas was built on a 1% house edge, so my game was literally just printing money. I had about a dozen "hosts" in my clan who made similar amounts of money from the venture as I did. It's probably fair to estimate that my clan had ~$100k of revenue over the course of its existence. Soon Jagex would release Evolution of Combat which really hurt player numbers and started cracking down hard on all "games of chance" - this ended most of the gambling clans in the game, including mine. I actually just looked at my disbursement total after pulling the records from PlayerAuctions and I made [$10,814 from selling the RS gold](https://imgur.com/a/p5Y52Ej) I made running the gambling clan. Minus a bit of expenses it’s fair to approximate a $10k net worth at this time. This was a pretty big accomplishment for me, crossing into the five figures and running my first successful business managing other people.
+
+​
+
+**2014-2016 21-23 Y/O $20,000 NW**
+
+These were the wrapping up of my college years and like most others I had student loans which I estimated to be about $15k by the time I would graduate. While in the midst of getting my degree in Engineering I took up playing poker and very involved in the poker community in our college town. I spent a good amount of time studying game theory and became a really solid poker shark. I would play in multiple home games every week at various stakes. Students would run $0.25/$0.50 games multiple times a week and the professors and locals would run $1/$2 games every week as well. I would play with one of my engineering professors and I was amazed at how he could be so good at math but suck so much at poker. Most of the money I made was playing live poker but I did play a significant amount of online poker as well. [During this time I managed to make approximately $17k from playing poker.](https://imgur.com/a/MJHCfMv) When I look back at this I think the game theory and statistical knowledge that I gained during this time was more valuable than the money I actually made – if you calculate my hourly it was only $6-$7/hour. I also made some great friends and we always had really fun trips to various casinos to play poker live. I graduated as a Mechanical Engineer in Dec 2016. At the end of college I had managed to make and save enough to come out of college with a positive net worth of approximately $20,000.
+
+​
+
+**2017-2019 24-26 Y/O $100,000 NW**
+
+After graduating, I got my first job in the same area where my college was which was, a low cost-of-living area, making $55k/year. The job I got was actually in the field of cyber security as opposed to what I had gone to school for. I guess I knew enough about computers, having grown up in front of them for my whole life, to impress some people at my interview. This job was relatively chill and I had a great team and boss. The day job wasn’t too intense so I dedicated my time outside work to try and start up a business. I managed to set up a 3D printing business which sold a single product, which at the time, was incredibly popular. I registered a LLC, set up my website, [converted my office into a 3D printing lab](https://imgur.com/a/gbF3dFl), and had 8 Creality CR-10 printers at my peak. Things ramped up quickly and 6 months in I was doing $20k revenue per month. Costs were low because I was a one man show but I was literally working like 90+ hours a week between the main job and this side hustle. I would wake up in the middle of the night to restart my 3D printers because I couldn’t afford them being idle. My work lunch breaks consisted of me driving to the post office to drop off the outgoing shipments. 
+
+This business was short lived. About a year into it I got a cease and desist letter from a really large company. This company supposedly owned the intellectual property of the items that I was creating. Looking at previous court records, this company had successfully won cases against other individuals creating the same items. I hired a lawyer, sent the company a really expensive letter, and they agreed to not pursue me as long as I stopped making the item. I considered that a win from my perspective so I shut everything down and was happy to take the profit and move on. From this business I had $120k+ of revenue and after paying taxes and taking into account expenses I had $70k profit over the course of a year. This was also the time that I really discovered FIRE and /r/financialindependence. I set up an Individual 401k and ROTH IRA and maxed them out, hoping that this would set me up on the path to FIRE. I also started tracking my budget and savings with both Mint and a personal spreadsheet. With the money I made from my day job along with this side hustle I had a new worth of approximately $100,000.
+
+​
+
+**2019-2021 26-28 Y/O $400,000 NW**
+
+After shutting down my business I knew I was in need of a change. The only reason I really stayed at my first job was because it was allowing enough flexibility for me to run my business. In 2019 I started applying for jobs because I knew I could make more somewhere else. Additionally, the best way to increase your salary is, without a doubt, to job hop. I was in a niche field within the cyber security community – I specialized in critical infrastructure. I managed to secure a new job (in a LCOL area) working in cyber security and I continue to work at this company to this day. I started at $90k base salary but after bonuses and profit sharing my total compensation was approximately $112k. I also get to tax shelter a lot of this compensation because my company does a 16% (effective) 401k match after one takes into account the 401k match, safe harbor, and profit sharing. The amount of money I have in tax advantaged accounts is pretty insane for my age – and this may affect my withdrawal strategy.
+
+I also bought a house at the end of 2019. Looking back, it was great timing, right before markets started to go insane following the pandemic. I bought the cheapest place in the nicest area that I could afford. I bought a 1600 square foot 2 bedroom ranch on 1.5 acres of land in a low cost-of-living area for $160,000. Over the past two years I have been fixing the place up with the help of YouTube DIY videos. I’ve done a lot: electrical, lighting, masonry, drainage, floors, complete bathroom remodel, landscaping, smart home stuff, HVAC, and more. I refinanced at the beginning of the year at a 2.625% 30-year fixed rate with no points. We had the place appraised as a part of the refinance and it’s worth slightly over $200k when you take into account the appreciation and the upgrades – might be slightly more now, 7 months later.
+
+For the past few years I’ve been working my day job which is pretty chill, trying to expand into real estate, and have been investing as much as I possibly can. I invested $42k into the market in 2019, $73k in 2020 and am on track to invest $75,000+ for 2021. I’m normally a really frugal person but being able to work from home during the pandemic really took my frugality up a notch. The only thing that I do spend money on are tools (I consider computer equipment a tool too) and I see it as a good use of money because tools, for the most part, help me make more money. I actually got a promotion at the beginning of this month at my job and they bumped my pay pretty significantly. I now have a $113k base salary and $148k total compensation. I’ve been maxing all of the tax advantaged accounts so I’m starting to funnel money into a taxable brokerage. 
+
+The crazy increase in the stock market and housing market have really helped accelerate my NW growth these past few years. I have my ROTH accounts are invested in the HedgeFundie strategy, I hold some TQQQ, individual stocks, and cryptocurrency, but most of my investments are in FXAIX and SCHB. I just checked Mint and I’m currently sitting at a [NW of $422,000](https://imgur.com/a/TQJkKke). I currently spend about $30-35k per year. I am targeting a spend of about $50k/year in “retirement” so my FIRE number is \~$1.25m. I would consider taking a break when I reach around the $1m mark because I do so many things outside of work to try and make money. I hope to reach my FIRE number sometime before I reach 35. My parents are also quite frugal and own quite a bit of real estate in VHCOL locations and have a pension as guaranteed income. While it’s not guaranteed, and I’m not relying on it in any way, it’s fair to expect that I will inherit high six to low seven figures one day.
+
+​
+
+**What’s Next?**
+
+I work at a pretty great, small company that offers quite a bit of flexibility (and gives us things like half-day Fridays all summer). The work is not terrible and the stress levels are quite low. I also am in the unique circumstance where a lot of retirements are happening so there is a lot of room to move up. If I were to stay at this company I could very well end up a manager or higher (making $200k+). I have also considered going into consulting after I get a little more experience. As independent and fast learning as I am I think I would be a good at marketing myself as a consultant. There is also a very large demand for consultants in my industry.
+
+I’m continuing to try and gain traction in real estate. I’ve built up quite the DIY skillset over the past few years which really lends it’s self well to buying below-market/fixer-upper real estate and either becoming a land lord or flipping. The home prices around here are also really great for that since it’s quite a low barrier to entry. I’m not completely sure if real estate will be my next money making side hustle but it definitely could be. 
+
+I honestly don’t think I will ever necessarily “retire”, as I seem to always have some sort of money-making side hustle but I really like the idea of financial independence. The reason I really want to become financially independent is so that I can spend more time and energy pursuing my own business ventures. The things I pursue very well may not work out, but if they don’t it’s not like I need the income. 
+
+Thanks for reading and I really appreciate you all as a part of this community.
+Hi guys, I need advice on a car rental company that charged me for damage 4 months later. I rented the car in FL and I didn’t hit anything or do any significant damage on the car. I was there for 2 days. When I returned the car, everything checked off and I was good to go. 
+
+I call them and they said it was tire damage. I asked them what kind of damage? They said tire sensor damage. They said no one rented it after and it went to the shop 7 days later. 
+
+Okay call me crazy but can I really damage a tire sensor? Let’s say I hit a curb would that really damage the sensor? I didn’t see any lights on the dash or was alerted of any issues when I returned the car. Please advise, if I’m wrong I’ll pay no problem but it seems sketchy.
+
+UPDATE: All WE’VE WON THANK YOU TO ALL OF YOUR HELP, THEY’VE RETREATED! 😂😂:
+
+Dear...,
+
+Thank you for contacting Avis Customer Service regarding ERS charges after 5 months.
+
+We apologize for the inconvenience this has caused and we will be happy to assist you.
+
+Please be assured we have refunded $114.62 to your credit card, please allow up to 7 business days to see it posted on your account.
+
+Also we have attached the refund letter on this email for your records.
+
+We apologize for any inconvenience this has caused. If you have any further questions, please do not hesitate to let us know.
+
+Thank you for contacting Avis Customer Service.
+
+Kind Regards,
+
+— Note: I know it’s just 100 dollars, but fighting against schemes of this injustice are worth fighting for. I hope this thread helps people in the future with situations like these and that in fact it can be fought against and won.
+I am interested in learning how to invest with cryptocurrencies, specifically Ethereum. I see a lot of hype from Eth and it's eating me alive because I don't know how/where to get started.
+
+Can someone guide me to where I should start/learn so I can come back to this subreddit ready to lambo? Thanks.
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If you're looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+[📚 Due Diligence](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Due+Diligence%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📚 Possible DD](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%9A+Possible+DD%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💡 Education](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%A1+Education%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) |[📈 Technical Analysis](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%88+Technical+Analysis%22&restrict_sr=on&include_over_18=on) | [🗣 Discussion / Question](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%97%A3+Discussion+%2F+Question%22&restrict_sr=on&include_over_18=on) | [🤔 Speculation / Opinion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%94+Speculation+%2F+Opinion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [💻 Computershare](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%92%BB+Computershare%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📰 News](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B0+News%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🤡 Meme](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A4%A1+Meme%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [👽 Shitpost](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%91%BD+Shitpost%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📳 Social Media](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%B3Social+Media%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [☁ Hype fluff](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%98%81+Hype%2F+Fluff%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [HODL 💎🙌](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22HODL+%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all)
+
+You can also find the main flairs in the sidebar on New Reddit and under the "About" page on mobile.
+
+**Mod Flairs**
+
+[📣 Community Post](https://old.reddit.com/r/Superstonk/search/?q=flair%3A%22%F0%9F%93%A3+Community+Post%22&include_over_18=on&restrict_sr=on&t=all&sort=relevance) | [📆 Daily Discussion](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%86+Daily+Discussion%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🏆 AMA](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%8F%86+AMA%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🚨 Debunked](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%9A%A8+Debunked%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [📖 Partial Debunk](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%93%96+Partial+Debunk%22&restrict_sr=on&include_over_18=on) | [🔔 Inconclusive](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%94%94+Inconclusive%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [⌚ Pending Review](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%E2%8C%9A+Pending+Review%22&restrict_sr=on&include_over_18=on&sort=relevance&t=all) | [🥴 Misleading Title](https://old.reddit.com/r/Superstonk/search?q=flair%3A%22%F0%9F%A5%B4+Misleading+Title%22)
+
+**No CS/DRS Mode**
+
+[New Reddit Filter](https://www.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=) | [Old Reddit/Mobile Filter](https://old.reddit.com/r/Superstonk/search/?q=-flair_text%3A%22%F0%9F%92%BB%20Computershare%22&restrict_sr=1&sr_nsfw=)
+
+To filter out CS/DRS posts, click the links above or type `-flair_text:"💻 Computershare"` into the search bar.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+I have been a bit conservative in my investments - most of it in Dividend paying stocks and Mutual Funds. The portfolio rebound nicely after pandemic-lockdowns. Watching the market now leaves me a bit of jittery -  Transport and healthcare sectors have been hit hard, dipping over 10-15% in the past few weeks.
+
+My portfolio is down by 10% in just the last few weeks. Is this time to double down and add to my portfolio, as some experts are suggesting?
+ Or is it time to sit in the sidelines?
+Stanley Druckenmiller, the hedge fund legend famous for betting against the British pound and collecting a $1 billion paycheck, **hasn’t had a down year in over 4 decades.** Druckenmiller caught the eye of George Soros during his storied career and collaborated with Soros’ Quantum Fund for 12 years.
+
+An average annual return of 30% for 30 years illustrates the true power of compound interest. To put this into perspective, if you had invested $10,000 with Druckenmiller at the beginning of his 30 year run, you would end up with $$26,199,157 at the end of it.
+
+Druckenmiller left the Quantum Fund in 2000 to focus on his own fund, Duquesne Capital, which became a family office in 2010. He is a concentrated, high conviction investor, and his AUM of $3.88B contains 60 holdings as of Q1 of 2021. His top position, Microsoft, represents 12.93% of his portfolio
+
+Druckenmiller’s large buys that stand out are Citigroup and Palantir. These are new positions that Druckenmiller added in Q1, so it seems like he is forecasting a future big move as both positions are in his Top 10 holdings. See below for Druckenmiller’s largest buys:
+
+Druckenmiller’s Palantir purchase is in contrast with his old partner, Soros, as Soros liquidated his entire Palantir position (18.46 million shares) in Q1
+
+​
+
+https://preview.redd.it/70tqktk9zb271.png?width=1642&format=png&auto=webp&s=c633e7d84f93b7161b4502e98741cdadff2f989c
+
+Source:
+
+[https://foryoureyesonly.substack.com/p/30-for-30-straight-years-meet-this](https://foryoureyesonly.substack.com/p/30-for-30-straight-years-meet-this)
+I've been trading for a few months and I'm about even.  I did some hardcore analysis tonight and thought maybe someone would benefit from what I'm finding.  I've been buying and holding on to stocks just long enough to not get tagged as a 'pattern day trader' and from what I'm seeing, it's a miracle I am even at this point.  I have been buying and selling based on essentially p/e ratio,  Williams %R, and Relative Strength Index using a daily dump of market data I get from [profitspi.com](https://profitspi.com).  
+
+
+Tonight I started comparing today's winners and losers against yesterdays indicators going back several weeks and found out at least for the length of time I am holding stocks, the indicators I am using, evaluated by themselves, just as numbers are completely useless.  I am not seeing any correlation with a good number on an indicator today and a winner or loser tomorrow.  Many of them are essentially perfectly correlated with price, meaning if I am seeing a positive sign in an indicator like WMR less than -70 or RSI less than 30, it is immediately factored into price and it's too late to profit off of it.    
+
+
+What I did find is this, if I want to find predictive indicators, I  need to be looking at 30 day charts for trends and specifically when a handful of values intersect with base lines. namely, 3 day RSI intersecting with 14 day on an upward trajectory, same with WMR, same with 9 day simple moving average and 22 day SMA, Aroon Up surpassing Aroon Down and MACD 12 day passing 26 day or EMA signals, ADX when +DI converges upward past -DI. One indicator I never heard of does seem to spike sometimes before price does and thats  a 10 day 'Fisher Transform'  
+
+
+I'm also learning much of the stock advice 'news' is misleading or flat out wrong.  If it's good advice, by the time you read it, it's already too late to profit off of it.  Follow the pros and the insiders, not the herd.   For example, facebook looks like a great buy until you look at all of the SEC insider trade filings and see that just about all of the facebook executives are dumping shares. [https://fintel.io/n/us/fb](https://fintel.io/n/us/fb)  I think unless you are willing to really dig and do your own research you are better off just parking your money in a fund and leaving it there.  
+
+
+Just my two cents.  Good luck and happy trading.  I'd love to hear other thoughts on this.
+Guten Tag to this global band of Apes! 👋🦍
+
+The energy behind GME has totally shifted, and it seems clear to me that the institutional shorts are once again actively trying to contain the price movements. They know that the GME report is devastating to the narrative they had tried to sell us on that they had closed the short positions during the Sneeze. Further, we now have the data to show that they have enormous short positions at $350, and are desperate to never let the price exceed those levels.
+
+Well, Apes, we know exactly what to do now. They are *so* out of control while we continue to lock the float in ComputerShare. Every share DRS'd is even further out of their reach, unavailable for the manipulations that their position demands of them. Transferring to Fidelity and DRS from there also forces many of the internalized positions to be realized.
+
+We have the momentum, we have the DD, and we have the float. They still have our tendies, but not for much longer.
+
+Today is Wednesday, October 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: **$186.87 / 160,34 €**  *(volume: 1254)*
+- ⬜ 115 minutes in: $186.98 / 160,43 €  *(volume: 1252)*
+- ⬜ 110 minutes in: $186.98 / 160,43 €  *(volume: 1250)*
+- ⬜ 105 minutes in: $186.98 / 160,43 €  *(volume: 1245)*
+- 🟥 100 minutes in: $186.98 / 160,43 €  *(volume: 1227)*
+- 🟥 95 minutes in: $186.99 / 160,44 €  *(volume: 1175)*
+- 🟩 90 minutes in: $187.08 / 160,51 €  *(volume: 1175)*
+- 🟩 85 minutes in: $187.05 / 160,49 €  *(volume: 1172)*
+- 🟥 80 minutes in: $186.76 / 160,24 €  *(volume: 1172)*
+- 🟩 75 minutes in: $189.54 / 162,62 €  *(volume: 857)*
+- 🟩 70 minutes in: $189.48 / 162,57 €  *(volume: 833)*
+- 🟩 65 minutes in: $186.60 / 160,10 €  *(volume: 190)*
+- 🟥 60 minutes in: $186.41 / 159,94 €  *(volume: 103)*
+- 🟩 55 minutes in: $186.47 / 159,99 €  *(volume: 102)*
+- 🟥 50 minutes in: $186.41 / 159,94 €  *(volume: 102)*
+- 🟩 45 minutes in: $186.47 / 159,99 €  *(volume: 91)*
+- ⬜ 40 minutes in: $186.41 / 159,94 €  *(volume: 90)*
+- 🟩 35 minutes in: $186.41 / 159,94 €  *(volume: 84)*
+- ⬜ 30 minutes in: $186.23 / 159,79 €  *(volume: 77)*
+- ⬜ 25 minutes in: $186.23 / 159,79 €  *(volume: 77)*
+- 🟥 20 minutes in: $186.23 / 159,79 €  *(volume: 77)*
+- 🟩 15 minutes in: $186.29 / 159,84 €  *(volume: 69)*
+- 🟥 10 minutes in: $186.28 / 159,82 €  *(volume: 28)*
+- 🟥 5 minutes in: $186.33 / 159,88 €  *(volume: 28)*
+- 🟥 0 minutes in: $186.39 / 159,93 €  *(volume: 3)*
+- 🟩 US close price: $186.79 / 160,27 €   *($186.50 / 160,02 € 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 1.1655. 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!
+Hey All,
+
+I bought a townhome in a college town 5 years ago for $85K. 
+
+Paid it off in full now, and it nets me about $600 after expenses each month. 
+
+What’s the best way to utilize that equity in the home? Cash out re-finance to put into another home?
+
+Could I use the cash out refinance and put that imas a down payment on to another investment property? Thanks!
+My renter allegedly had to go to the hospital for a medical emergency and was late on paying rent.  They did eventually pay rent about 18 days after it was due and also paid about $200 in late fee's.  I wasn't able to confirm if there was in-fact a medical emergency but regardless my gut says to send them a check "refunding" the $200.   I don't need the $200 and I am personally not struggling to make ends meet, so I wouldn't miss the money.
+
+I do have a property manager as recommend by this sub.
+
+What is normal procedure?
+
+I feel like this is a one-time offer kind of thing because I don't want to be taken advantage of in the future.
+
+**edit** 19 days to 18 days
+
+They have only lived in the house for 2 months, this being the second.
+
+**SOLVED, FLAIR!!!**   I am going to hang on to the money for a bit, see how next month goes.  If they are timely, they will be getting a *Get Well Soon* card with a "refund".
+[When you buy and hold GameStop, you become somewhat of an astronaut yourself 🐱‍🚀](https://preview.redd.it/8ezm4ry9ozp81.jpg?width=1600&format=pjpg&auto=webp&s=e4a8f5f9ab15259ed50791e9305c92fc610438e7)
+
+Hi folks, Tendie Baron here.
+
+The current GameStop All Time High is at $483 on close. Here's why I believe GameStop will make new All Time Highs soon:
+
+# Fundamentals
+
+* Growing net sales +20% Year over Year, to 6 billion dollars, up from 5 billion dollars,
+* Hiring all-star team for management and board as they attracted talents from several big firms (e.g. Amazon, Google, Chewy),
+* No debt!
+* 1 billion dollars in cash,
+* Expansion of warehouses across USA for faster delivery (sometimes even on the same day!),
+* Massive shift from 'primarily brick-and-mortar' to a 'multichannel e-commerce' approach,
+* Attracting talents in the crypto/NFT space,
+* Launching a NFT marketplace with partners ImmutableX and Loopring, tapping into the fastest growing market segment globally (currently $40B+ market),
+* Insiders such as Ryan Cohen and Larry Cheng have been buying more shares, showing confidence in the companies growth while also signaling they believe the company is currently undervalued
+
+​
+
+# Technicals:
+
+* Just in the last week price action showed a violent bounce upwards from its 52 week low
+* This bounce has put 83K calls In The Money (IIRC), these will have to be hedged before or on Tuesday 3/29
+* Borrow fee rate has been climbing to rates only seen just before the January sneeze (rate varies per broker, but all of them report substantial increases)
+* Shares are becoming increasingly scarce as 8.9M shares are directly registered which is about 25% of the publicly available float (shares outstanding minus insiders and minus ETFs = about 36M shares)
+* Bid-ask spread has been widening all year, it used to be a few cents, now it varies from 0.10 to 1.50 spread. About a 1% spread is substantial as it creates more slippage and volatility.
+
+​
+
+# Concludingly:
+
+Public sentiment is turning in GameStop's favor as more investors catch wind of both its fundamental potential, its technical potential and the combination of these factors which gives GameStop its unique squeeze potential.
+
+TL;DR: BUY. HOLD. SHARE THE NEWS. MOON SOON.🧡
+
+​
+
+*Did you like this content, and do you want to see more of my content? You can choose to follow me on Twitter or here on Reddit. Feel free to check out my profile.*
+On June 29th SEARS was granted Confidential Treatment Order.
+
+[https:\/\/sec.report\/CIK\/0001310067](https://preview.redd.it/kham4z2efid91.jpg?width=689&format=pjpg&auto=webp&s=2fc6c70ff1f5560fc765b4b540725a020832ab19)
+
+This is their first SEC filling since over 2 years by the way.
+
+https://preview.redd.it/xng8irm2lid91.png?width=1654&format=png&auto=webp&s=b8c3157a3660887f93d59b52ba510d6a0cb9432f
+
+​
+
+According to below paper,
+
+Confidential Treatment filings are strongly associated with acquisition/merger
+
+and 88% of delisted stocks in **granted Confidential Treatment** were due to acquisition/merger.
+
+[https://www1.villanova.edu/content/dam/villanova/VSB/assets/marc/marc2011/Why%20Do%20Firms%20File%20for%20Confidential%20Treatment\_.pdf](https://www1.villanova.edu/content/dam/villanova/VSB/assets/marc/marc2011/Why%20Do%20Firms%20File%20for%20Confidential%20Treatment_.pdf)
+
+​
+
+and SEARS is about to be delisted on European market on Monday 25th July.
+
+​
+
+Potential connection:
+
+GMERICA Trademark was published on June 28th. Just 1 day before SEARS filling.
+
+[https://www.reddit.com/r/Superstonk/comments/vm41je/gmerica\_trademark\_gets\_published\_tomorrow\_062822/](https://www.reddit.com/r/Superstonk/comments/vm41je/gmerica_trademark_gets_published_tomorrow_062822/)
+
+​
+
+EDIT:
+
+Anyone remembers RC tweet about China rail and possible connection to acquisition:
+
+https://preview.redd.it/74odyvp47jd91.png?width=616&format=png&auto=webp&s=3d31ca3bfe19f174c8137c42d2a4223a62f5de08
+
+**high speed rail(HSR) networks in China**
+
+**Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976**
+
+**HSR act requiring parties to mergers and acquisitions report to the FTC and DOJ and file premerger notifications**
+
+Was RC hinting us about acqusition?  We may find out soon, as the 30 day waiting period ends soon.
+
+Here is the post which explains this speculation:
+
+[https://www.reddit.com/r/Superstonk/comments/vkpydt/ryan\_cohen\_tweets\_about\_high\_speed\_railhsr/](https://www.reddit.com/r/Superstonk/comments/vkpydt/ryan_cohen_tweets_about_high_speed_railhsr/)
+
+​
+
+EDIT:
+
+Another sign of potential acqusition. SEARS suspended due to corporate actions. 
+
+[https://www.reddit.com/r/Superstonk/comments/w5rxmn/blockbuster\_tweeting\_from\_the\_grave\_sears\_now/](https://www.reddit.com/r/Superstonk/comments/w5rxmn/blockbuster_tweeting_from_the_grave_sears_now/)
+
+​
+
+​
+Back in 1996-ish, I was a senior in college taking a marketing class. Discovered the internet. Asked my teacher “who owns the internet?” He said “no one, but AOL and Microsoft seem to be the most involved. My parents had put away some bonds for me, so I used that money to buy 100 shares of both companies (I believe they were $10 or under). 
+
+Made about $60,000. Sold stock and bought a house a block from the beach in Southern California for $500,000 in 2000. Sold that two years later for $600,000. Everyone celebrate.
+
+Got married, continued to buy houses and make money. Got divorced in 2006, lost about 50% of equity in the crash. 
+
+That first beach house is now worth $2+ million. And I don’t even want to do the math on profit if I had kept the stocks. 
+
+Moral: keep stocks and real estate for 25 years and spend all extra money on marriage therapy!
+
+*Edit: for all of you blaming “the wife” for the loss, you should know I was the wife. Surprise, it’s a girl.
+My husband is from India and we're trying to finance a trip back to his home, shooting for December. It's us (30F and 30M), plus two toddlers (4M and 2M). This is the first time we've ever been somewhat financially stable and I'm scared to death to put us in a compromising position. We're already on a tight budget and only have just under $5k in savings. I'm mostly worried about the flight costs. Thankfully, we've already paid for/received our passports and my husband is on salary so we won't have to worry about income for bills back home.
+
+What would be the best way to finance the trip? Should we get a personal loan or put the tickets on a credit card? I have a Discover It card that's currently carrying about $1k with a $20k limit, but the APR is pretty steep. Can I call and ask for it to be lowered since I have good credit? Is there something else I haven't considered? No one in my family has done international travel and they're pretty poor at managing their finances, so I'm pretty much on my own with this. Appreciate any and all help!  
+
+
+Edit to add:  
+Thank you to those who gave such good advice! I really appreciate the CC and airline tips. However, I absolutely was not expecting so many people to tell me not to even go. There's so much more information I could've gave as to why it's an important trip (because the wedding isn't even that big of a deal, we were planning for December before we even knew about it), as well as about our financial situation, but I really didn't want to get into it too much - definitely didn't want to justify why we need to take this trip when we do and with what we have.
+
+With that said, I wish we could wait a few more years, but there's business my husband needs to handle back home asap, this is the only time of year my husband can take off this much time from work, it'll be more difficult to manage time off when I return to work (I'm sahm until the youngest goes back to school), we don't know when there could be another lockdown, his grandparents are ailing, and everyone is missing everyone.
+
+I know it's not financially wise to put the trip on a CC, but we don't have many other options. My husband will be looking into getting a cash advance from work when he does his yearly salary negotiation next month, he'll have another bonus coming in while we're gone, and then there's our tax returns this spring. So hopefully we won't have to put too much on CC and we'll be able to pay it off quickly. It's not the first time we've had to put so much on a CC and we've done well enough to take care of it.
+
+Obviously, we have more work to do to get on better financial footing and we'll get there, it'll just take longer. Marrying an immigrant hasn't been cheap - you know the deal, two steps forward, one step back. It's not like we own a lot of property to lose anyway, this trip is our priority over anything else right now.
+**Here is [Version 4.1](https://i.imgur.com/Vlt0DOR.png)**
+
+Please read the flow chart entirely before commenting since some redditors have been commenting or PMing of missing items; sometimes it’s just buried deep.
+
+Please provide *constructive criticism* where I will evaluate for the next version; if it’s needed. If you provide details on what exactly you’d like changed and provide justification, that can be sufficient to persuade me.
+
+I hope I fixed the viewing for mobile users if not, I am sorry. I think it depends on what app or interface you are using.
+
+I'll be traveling tomorrow so I don't know if I have much time to make another iteration, but I am quite happy with this version.
+
+I haven't received any word from moderators if they wanted to put this in the sidebar or anything, so I'll just assume that it'll be stored in a post format for people to reference then.
+
+I hope you enjoy!
+
+**Version History**; for those interested.
+
+[Version 1.3](https://i.imgur.com/z0gEbme.jpg)
+
+[Version 2.0](https://i.imgur.com/pyKHXuy.jpg)
+
+[Version 3.0](https://i.imgur.com/sTi1eI2.jpg)
+
+[Version 3.1](https://i.imgur.com/o18MmOP.jpg)
+
+[Version 4.0](https://i.imgur.com/3esnRyb.png)
+As the title states, my extended family owns a fairly large business. It’s been in the family for almost 75 years. Until recently, my stake in the business has been relatively small such that I’ve not been able to rely on it to support me and I’ve built a career for myself independent of all of this.
+
+My financial philosophy has been heavily influenced the Boglehead approach, investing in index funds and maintaining an allocation that closely mirrors the Target Date 2045 fund.
+
+Even though I always knew in the back of my mind that I would likely one day inherit a much larger stake in the family business, I wasn’t sure if or when it would happen, so I managed my finances as though it would *never* happen. It’s an approach that has worked well for me thus far.
+
+However, next month I will be inheriting a significantly larger stake in the company. I can reasonably expect that this stake will yield annual post-tax dividends that amount to $400k. The dividends may vary from year to year, but on average, this figure is a reasonable estimate to base my finances around.
+
+Independently, I earn roughly $100k annually from my profession (I work independently). I have no immediate plans to retire as I enjoy what I do, but I've definitely entered a phase where I'm very selective about the jobs I take on and have already left money on the table in the interest of leaving myself time to pursue my personal passions.
+
+My net worth is currently \~$2.5mm, including $400k in equity in my house. Allocation is \~50% US Equities, \~30% International Equities, \~9% Bonds, \~1% Crypto.
+
+I’m 35 y/o and single w/o any dependents. I live in a VHCOL area, but I live somewhat frugally. My yearly living expenses amount to \~$70k. I intend to start a family someday and am waiting for that eventuality to make any significant changes to my lifestyle (upgrading housing, etc.)
+
+I’ve obviously been extremely lucky w/ regards to money in my life and I can’t overstate how grateful I am for it. For what it’s worth, I’m also proud of how I’ve thus far managed my finances, remaining frugal, charitable and avoiding lifestyle inflation.
+
+My question is somewhat abstract, but **I’m wondering if my investment strategy should change as I enter what will truly be a new phase of wealth accumulation?** Specifically with regards to bonds. I understand that bonds act as ballast to capture gains and engage in opportunistic rebalancing in the event of a market downturn. However, in the case of someone like myself who, realistically, would have to engage in serious financial mismanagement in order to run out of money before I die, does it still make sense for me to keep \~10% of my portfolio in bonds? I don’t mean to be greedy, but provided I keep my financial house in order, would I just be leaving money on the table in exchange for a reduction in volatility that I don’t really need?
+
+None of these allocation figures take into account the $ value of my shares in the family business, which are difficult to accurately valuate and highly illiquid. That said, my new stake will be worth approximately $6mm based on the fair-market valuation for the business. It’s entirely possible that my family will not sell the business in my lifetime.
+
+Lastly, barring some sort of unforeseen circumstance, I stand to one day inherit my father's estate in its entirety (I am his only heir and we have a strong relationship). My father's estate is probably in excess of $10mm at the moment and if he lives another 20-25 years, it will probably grow beyond that. He also lives well-within his means and is financially savvy. 
+
+Anyways, thank you for reading this admittedly long post. I realize that my question is somewhat open ended and there are probably several different ways of looking at this. I’m slightly embarrassed to be posting about this as I realize how fortunate I am to be in this situation in the first place, but as I mentioned before, it’s important to me that I be a responsible steward for this wealth and I really value the input of this community. Thanks in advance.
+
+[Proof.](https://imgur.com/a/sJIjOt0)
+NEO's blockchain faltered several times over the last 24 hours, with several long pauses in block generation time. These blockchain outages were coupled with out of sync nodes causing transactions to leave wallets but never arrive at their destination... https://steemit.com/cryptocurrency/@kjnk/neo-s-blockchain-goes-under-maintenance-as-blockchain-stalls-again
+http://espn.go.com/blog/detroit-lions/post/_/id/18138/by-being-frugal-financially-early-on-ryan-broyles-believes-he-has-set-up-his-future
+
+> He came up with a budget. Broyles said he and his wife, Mary Beth, have lived on $60,000 a year, "give or take," throughout his career. Everything else has gone to investments, retirement savings and securing Broyles' post-football monetary future.
+
+> Broyles immersed himself in the financial world. In March, he went to Washington, D.C., with New Orleans running back Mark Ingram to speak to students about financial planning. He worked with VISA and the NFL on promoting a Financial Football video game in classrooms to help teach financial security and planning in both D.C. and his home state of Oklahoma.
+
+
+He has never been this direct about short hedge funds. Calling it now that he is priming everyone for an announcement Thursday. He's going to call them out every day, and like today, indicate that the government should take action to stop them, before essentially saying he'll take matters into his own hands to protect his company on thursday.
+
+Either that, or...
+
+He'll prove the short thesis dead in the water by announcing the marketplace in time for earnings Thursday. Bringing Gamestop's success back to the forefront.
+
+I have absolutely nothing to back this up, it's just a feeling I've got. Either way, you don't need to trust me. Buy, Hold, DRS, and trust yourself with your shares.
+Zero friends of mine are stacking Bitcoin.
+
+Zero family members are stacking Bitcoin.
+
+There is zero Bitcoin talk around me.
+
+Only one other co-worker I am aware of is stacking Bitcoin (great for him!).
+
+We are still so early it’s not even fair for the rest of the world. Congrats on being here… now. You are literally the cliff of your family’s generational wealth. You just gotta do 3 things: HODL, STASH and BE PATIENT.
+[https://www.independent.co.uk/news/uk/home-news/british-adults-savings-none-quarter-debt-cost-living-emergencies-survey-results-a8265111.html](https://www.independent.co.uk/news/uk/home-news/british-adults-savings-none-quarter-debt-cost-living-emergencies-survey-results-a8265111.html)
+
+​
+
+Another recent survey found young adults 29 or under have around half have no savings 
+
+[https://www.bbc.co.uk/news/business-45744552](https://www.bbc.co.uk/news/business-45744552)
+
+​
+
+​
+
+We emphasis savings from a young age however, the reality seems so much different. Many people I know personally are working full time but have nothing to show by the end of the month. Anyone else also notice this trend?
+ 
+
+Instead of tapering/ rolling off bonds on the Fed balance sheet, do you see any path where the Fed openly sells assets to combat inflation, or would that simply crater us into another Great Depression? Seems that if they sold, rates would rise well, and they could target which assets to unload. The market seems to shows signs of the realization that "they actually mean it this time", and many on these reddit forum users have only invested during a cycle of massive Fed intervention, so what was considered "unchartered" for those of us a little older when the Fed's massive intervention happened after '08, the next generation of traders/investors have known nothing but Fed intervention for the entirety of their investing lives. I see no scenario where you can churn off that much excess unless you either deal with the pain quickly, or lose an enormous amount of time burning it off.
+Hey all,
+
+I'm pretty new to investing, I really only got into it when GME was big in the news. I've since been doing some research. I'm 21, full time student, with part time work so my income is pretty low. I have both a personal account and TFSA on Wealthsimple. On my personal account right now I'm holding some meme stocks that I got during the GameStop hype (GME, AMC, BB, NOK) and in my TFSA I have ATZ (awesome, get it if you haven't yet), RBLX (I think Roblox is gonna be a cool long term play) XEQT, and VEQT.
+
+My understanding of things is pretty limited and other than doing my own (brief) research and lurking this sub, I basically have no idea what I'm doing.
+
+I'm wondering: is it better to just pick one ETF for the long haul? My current plan is to just max my TFSA between XEQT, VEQT, VFV, and VGRO, and then I maybe in my personal account is where I'd put ATZ and RBLX.
+
+At some point, I'm going to dump all my meme stocks and just put all that money into said ETFs. I'm just waiting to see what happens with GME. My meme stock money was all money I could afford to lose anyway.
+
+I have about 10,000$ saved up that I'd really like to dump into good investments.
+
+I'm also curious about crypto. At some point I used Wealthsimple crypto to get some BTC but I lost 100 bucks and decided to pull out. I just downloaded the Newton app and am wanting to research other coins.
+
+I also get a lot of things about crypto in my TikTok feed saying "buy this new coin, it's going to the moon". My gut feeling is it's all BS and to stick to established coins like BTC and Ethereum. Is this correct thinking?
+
+Thank you.
+If the premise that sequence of return risk is wrong, can someone ELI5 why it's wrong?  Answering my own question, it seems comparable to a roulette table hitting blacks in a row and assuming the chances of it hitting red is now higher as a result.
+
+If my premise is correct and the sequence of return risk is higher because of the higher market, do you simply reduce your SWR to compensate?
+https://www.cnbc.com/2019/09/18/amazon-figured-out-a-way-for-online-shoppers-to-pay-in-cash.html
+
+Tech giant Amazon will let customers buy something online, then visit a Western Union in person to pay in cash.
+
+It also unveiled “Amazon Cash,” which lets users load cash into their Amazon balance for making online purchases.
+
+The cash option is a benefit to those without a bank account who might not have access to a debit or credit card.
+ 
+
+[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!*
+TL;DR - watch the link at the bottom and try to tell me we’re not VERY fucking close.
+
+I think we can  tend to forget that Ryan is just as pissed as we are, probably even more. I’d be willing to bet a GME share that at some point in his time at Chewy someone from A M Z either said something or did something (along with shorting his company) that he took personally, and has made it his personal mission since then to get revenge.
+
+I think this was it for the SHF. They have no more ammo. I don’t have any DD to back that up, but I don’t know what else to say.
+
+The SEC already has what they need, what they’re doing now (which all apes should participate in) is damage control. They need to blame someone as they’re picking up the pieces.
+
+The gloves are off now for Ryan. He’s carefully planned this for who knows how many years. Thursday starts it out. Even we are going to be blown away by the earnings and DRS numbers, and I do think we’re going to get an announcement.
+
+I’m throwing my ape shit at the wall here, but I think tonight we’re going to get the most tit jacking tweet yet. My guess is it will be just a clover. If it’s a clover and a bag of money or a gold bar I think I will have to go to the ER because my erection will have lasted longer than four hours.
+
+If I’m wrong then it’s tomorrow…
+
+Edit: Welp, even someone as dumb as me gets it right every once in a while. My emoji theory was busted but my god if that’s not the most tit jacking tweet yet… WAGMI apes don’t you worry.
+
+Edit: GUYS WHAT THE FUCK https://youtu.be/_fIs35a89tU this was the first search result for “dumb stormtroopers” on YouTube. Sorry for not using the shorted url but what the fuck WE TOOK THE MONEY BRICK BY BRICK
+Guten Tag to this global band of Apes! 👋🦍
+
+We are one week away from the end of GameStop's next quarter, so be sure to DRS any discounted shares you've picked up recently.
+While the DRS bot's algorithm has been reliable so far, I *love* seeing the official numbers ticking up and up with each new quarter.
+With so many phantom shares in circulation, each share that we extract from the DTCC's vaults has a higher impact that the one before it.
+Though I personally don't believe that the fireworks will happen if we lock the Free Float, doing so sends an incredibly clear signal.
+When share ownership between insiders, institutions, and those who HODL in their own name reaches 100%, there will be no question about the naked shorting that has occurred.
+Can we accellerate the pace of DRS this week and ensure that next quarter's numbers are over that mark?
+
+Today is Monday, October 24th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 120 minutes in: **$25.18 / 25,88 €**  *(volume: 11223)*
+- 🟥 115 minutes in: $25.18 / 25,88 €  *(volume: 10241)*
+- 🟥 110 minutes in: $25.23 / 25,93 €  *(volume: 10241)*
+- 🟥 105 minutes in: $25.27 / 25,97 €  *(volume: 9940)*
+- 🟩 100 minutes in: $25.28 / 25,98 €  *(volume: 9837)*
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+- 🟥 90 minutes in: $25.24 / 25,94 €  *(volume: 9837)*
+- 🟩 85 minutes in: $25.26 / 25,96 €  *(volume: 9475)*
+- 🟩 80 minutes in: $25.23 / 25,93 €  *(volume: 2601)*
+- 🟥 75 minutes in: $25.20 / 25,90 €  *(volume: 2575)*
+- 🟥 70 minutes in: $25.21 / 25,91 €  *(volume: 2027)*
+- 🟩 65 minutes in: $25.28 / 25,99 €  *(volume: 1956)*
+- ⬜ 60 minutes in: $25.09 / 25,79 €  *(volume: 1186)*
+- 🟩 55 minutes in: $25.09 / 25,79 €  *(volume: 986)*
+- 🟩 50 minutes in: $25.07 / 25,77 €  *(volume: 986)*
+- 🟥 45 minutes in: $24.99 / 25,68 €  *(volume: 356)*
+- 🟩 40 minutes in: $25.00 / 25,69 €  *(volume: 346)*
+- 🟩 35 minutes in: $24.99 / 25,68 €  *(volume: 345)*
+- 🟩 30 minutes in: $24.98 / 25,67 €  *(volume: 227)*
+- 🟩 25 minutes in: $24.87 / 25,56 €  *(volume: 227)*
+- 🟩 20 minutes in: $24.86 / 25,55 €  *(volume: 167)*
+- 🟥 15 minutes in: $24.85 / 25,54 €  *(volume: 157)*
+- 🟥 10 minutes in: $24.85 / 25,54 €  *(volume: 157)*
+- 🟩 5 minutes in: $24.86 / 25,55 €  *(volume: 142)*
+- 🟥 0 minutes in: $24.86 / 25,55 €  *(volume: 76)*
+- 🟩 US close price: $25.30 / 26,00 €   *($25.21 / 25,91 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 0.973. 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!
+Gary Gensler has been circling short-sellers for months, and now the Securities and Exchange Commission chief is looking to make a big move. Under a new rule proposed by the SEC Friday morning, some investors would be required to report their short sale-related activity to the SEC on a monthly basis, allowing the commission to make detailed short-selling data available to the public for the first time.
+
+“Today, the Commission unanimously voted to propose rules and amendments to broaden the scope of short sale-related data available to the investing public and to regulators,” Gensler said in a statement. “If adopted, it would strengthen transparency of an important area of our markets that would benefit from greater visibility and oversight.”
+
+Since taking the reins at SEC, Gensler has made market transparency a key goal, and short-selling has been a major area of discussion, including after the wild short squeeze that took hold in January 2021 on meme stocks like GameStop GME, -5.80% and AMC Entertainment AMC, -3.90%. The fallout from the short squeeze resulted in a Congressional hearing and an SEC investigation. While the probe did not find any actual malfeasance, Gensler has been hinting that he still was monitoring short-sellers. In February, Bloomberg News reported on a sweeping Department of Justice probe of at least 30 short-selling firms and allies.
+
+Retail investors have complained that more shares are being shorted than are available to trade, while keeping alive online discussions claiming market manipulation, potential fraud by short-sellers and the lack of data publicly available around short-seller trading activity. Under current rules, firms are required to report short interest data to the Financial Industry Regulatory Authority twice a month. Critics have said the quality and frequency of that data isn’t highly useful. The SEC’s proposed new rule will look to bridge that gap.
+
+While the changes to previously proposed SEC rules have been common, as written Rule 13f-2, would only apply to institutional investment managers that hold “a short position of at least $10 million or the equivalent of 2.5 percent or more of the total shares outstanding” in an individual security, meaning that the SEC would be able to see and share the biggest short sales of individual stocks and aggregate them, providing investors with granular data on those shorts. Firms also would have two weeks into every month to disclose, giving essentially a detailed 6-week lookback at big short moves and give a much clearer, if month-old, picture of short interest on stocks.
+
+The rule, as designed, would increase disclosure of what is known as “buy-to-cover,” essentially when a trader initiates a buy trade to close their short position on borrowed shares, something that short-selling critics likely will welcome as it would aim to further curb so-called “naked shorting,” a practice the SEC mostly outlawed in the wake of the 2008 global financial crisis for traders using non-existent shares to short stock of public companies. Overall, the new transparency rule is yet another push by Gensler to bring more market data out of the dark corners and into the light.
+
+As he told MarketWatch in an exclusive interview last week, “Finance is ultimately about trust, and the official sector has a role to help instill that trust through a set of rules on disclosure, anti-fraud and anti-manipulation.”
+
+[https://www.marketwatch.com/story/sec-proposes-new-rule-requiring-short-sellers-to-disclose-their-positions-monthly-11645810585?mod=home-page](https://www.marketwatch.com/story/sec-proposes-new-rule-requiring-short-sellers-to-disclose-their-positions-monthly-11645810585?mod=home-page)
+https://www.nasdaq.com/market-activity/stocks/htz/insider-activity
+
+55m shares sold vs 12k purchased. In the past few weeks the management has been doing nothing but selling.
+
+At the same time, they will be issuing $1 billion in new common stocks. The judge gave the go-ahead yesterday.
+
+https://edition.cnn.com/2020/06/12/investing/hertz-stock-sale-bankruptcy/index.html
+
+Don't buy this shit. It's pure evil.
+Hello,
+
+I had a good year this year and have $25,000 that I would like to invest into VOO. My question is, should I lump sump it or DCA $5k a month for 5 months? I am open to other suggestions, but want relatively low risk and will likely not touch this money for 10+ years. Thank you all in advance for your help with this.
+Hello there, a couple of days ago, I asked Redditors about their best performing stock.  Hopefully, in contrast, I was wondering if anyone would be interested to tell fellow Investors which stocks they chose that they lived to sorrily regret. 
+$LLT is about to set themselves apart AGAIN! They are a serious project making SERIOUS moves!
+
+There are a slew of amazing new cryptos coming out as we speak, but I’m MOST excited about LifeLineToken. They're about to go TO INFINITY AND BEYOND by being listed on none other than BITMART! How many of the other “charity tokens” have the $LLT track record and are actually getting listed?
+
+Not only that, but they're in contact with BKEX! There’s no way this token isn’t on its way to the moon. That first pump was just the ramp up - $LLT is about to go INTERSTELLAR.
+
+LifeLine is one of my early buy-ins, and I’m proud to have them in my wallet! I found them less than three weeks ago and they're the perfect little 💎 that gets bigger the more I dig.
+
+This is a BSC token, so enjoy the low gas fees! I know people have been rugged a few times by new BSC projects, but I aped in when I saw how secure LLT is, and this token is going to GO THE DISTANCE! I was a little iffy at first on whether the donation aspect would be fulfilled, but they've made HUGE donations already for kids with cancer ($34,000 and counting)!!
+
+It is BLOWING UP and it hasn’t even been listed on BITMART yet - but it will be imminently!!
+
+Hard to see this token doing anything but flying PAST THE MOON and into the stars where it belongs!!
+
+LIQUIDITY BURNED / AUDITED!
+
+CA: 0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2
+
+WEBSITE: [https://lifelinetoken.com/](https://lifelinetoken.com/)
+
+BUY: [https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2)
+
+CHART: [https://poocoin.app/tokens/0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2](https://poocoin.app/tokens/0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2)
+
+BSCAN: [https://bscscan.com/token/0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2](https://bscscan.com/token/0xd37c1417da7bf5b02ffdea8d5427022dc88a0ee2)
+
+ANNOUNCEMENT CHANNEL: [https://t.me/LLTAnnouncements](https://t.me/LLTAnnouncements)
+
+TELEGRAM: [https://t.me/LifeLineToken](https://t.me/LifeLineToken)
+
+DISCORD: [https://discord.gg/7cNJYRAqDh](https://discord.gg/7cNJYRAqDh)
+
+SUBREDDIT: [https://www.reddit.com/r/LifeLineToken/](https://www.reddit.com/r/LifeLineToken/)
+
+TWITTER: [https://twitter.com/LifelineToken](https://twitter.com/LifelineToken)
+Hello dear investor!
+I'm really glad you stopped by to check out why xxxNifty could be the next boom in Everything adult, including but not limited to NFTs & Adult Content.
+ 
+xxxNifty is a registered business, utilizing Blockchain technology with it’s utility token, in several facets of their business. Some key points about xxxNifty include :
+ 
+Launch of Alpha release of Pleasurely.com, xxxNifty's Adult Social Platform. (OnlyFans Competitor)
+
+- The World’s Largest Adult NFT Platform, to date. Their Utility Token $NSFW is used for purchases in the marketplace.
+ 
+- Merch.xxxnifty.com is the xxxNifty Merch store!
+ 
+- Nsfwpay.com making buying $NSFW a breeze via flooz trade!
+
+-2 Top 10 Exchanges on the way!
+ 
+ 
+If this isn't enough, On Pleasurely.com, interacting with creators will be as easy as the push of a 
+button! Tip with $NSFW. Interact in live streams with $NSFW. Messaging and unlocking posts 
+and other content With $NSFW! And lastly, Interacting & Unlocking creator’s social feeds with 
+$NSFW! Once launched, the team will be looking into furthering and expanding the platform as 
+well!
+ 
+Just sold an OnlyFan xxxNifty Amouranth OnlyPunks NFT for over $125,000 using $NSFW on their adult NFT marketplace. 
+
+Monday Stormy Daniels OnlyPunks NFT Auction!
+ 
+✔️700 Adult NFTs on their Marketplace.
+✔️100+ creators on the platform to date (no matter of gender anymore!) Adding more daily
+✔️600+ NFT sales. Over 200 1of1's
+✔️8 partnerships w/Agencies
+✔️8 Brand Ambassadors
+✔️Deflationary Tokenomics benefit holders
+✔️Daily NFT sales
+✔️$27 million MC, 2 working platforms utilizing the utility of their native [NSFW] token
+✔️XXXNIFTY is a registered business, meaning devs and team are all doxxed
+✔️TechRate Audit approved
+ 
+The number of holders, content creators, and partners is growing day by day. Check it out for yourself as well, be a member of an industry changing project, and join an amazing community!
+ 
+TOKENOMICS
+ 
+Total Supply 69,696,969,420
+ 
+2% LP Pool Growth
+2% Holder Reflections
+2% Burned
+4% Marketing & Dev wallet
+ 
+Over 40% Of Supply Burned
+Liquidity Locked
+Liquidity is locked for 12 Months on Pancakeswap
+==========================================================
+ 
+🌐Website:
+ 
+SFW with: https://nsfwpay.com
+NSFW: https://xxxnifty.com
+ 
+==========================================================
+ 
+📱Telegram:
+ 
+https://t.me/xxxnifty_official
+https://t.me/xxxNiftyAnnouncements
+ 
+==========================================================
+ 
+🟦Twitter:
+ 
+https://twitter.com/XxxNifty
+ 
+==========================================================
+ 
+📃Contract :
+ 
+0x9daaa05946e486add2c81e0d32d936866b8449d9
+ 
+==========================================================
+🔒Liquidity is locked for 12 months
+Dracula Protocol V2 launch is around the corner! We have recently completed an [audit of our V2 contracts](https://solidity.finance/audits/Dracula/) with Solidity Finance, which resulted in no security issues and overall praise for our developers’ abilities.
+
+With this audit complete, the Dracula team now feels confident enough to move onto the testing phase of our contracts, which will begin with deploying the V2 contracts on the Ethereum Kovan testnet. We will be running a series of stress-tests, but are confident that the functionality of the DRC token will remain unchanged throughout this testing phase and are comfortable releasing details about the planned tokenomics for V2.
+
+Dracula Protocol V2 will continue to use the DRC token that was used on V1, although the utility of DRC will be much different.
+
+**DRC Supply Cap:** The DRC token, which can be found on Etherscan at [https://etherscan.io/token/0xb78B3320493a4EFaa1028130C5Ba26f0B6085Ef8](https://etherscan.io/token/0xb78B3320493a4EFaa1028130C5Ba26f0B6085Ef8), will have a capped supply at the launch of our V2 contracts, which will be an estimated amount of 15,000,000 DRC. At the moment of deploying, all DRC minting will be disabled. From here on out, there will never be a new DRC token minted again. Although this can be changed through a governance vote, the Dracula team strongly recommends a hard-cap on the DRC supply.
+
+**Static Supply:** Although there has been discussion around deflationary tokenomics, we have decided to not follow that path. By not having a percent of our drain allocated to burns, we can use the additional yield to increase the earnings of stakers for our victim pools and our DRC pool.
+
+**Drain Allocation:** Once every day, our platform will sell underlying rewards for ETH, which is known as a ‘Drain’. This drain will be called by the Dracula team and is funded by a portion of the underlying yields from victims. Going forward, we have plans to integrate a system of nodes to automatically call the drain once certain parameters are met through a strategic partnership.
+
+Each drain will be distributed as follows:  
+**85% of each drain** goes to liquidity providers of victim pools, such as SushiSwap or Pickle. These funds are automatically invested into an interest-earning ETH strategy, which will accrue additional yield until each user chooses to harvest their individual earnings. Users can choose to harvest their yields on ETH, *or in DRC,* for any of the pools. If a user chooses to harvest their yields in DRC, then the ETH they have earned is used to buy DRC off the open market at the time of withdrawal.
+
+**Note:** If a user unstakes within 24 hours from depositing into victim pools, there is a 0.5% fee taken from their liquidity. This is to prevent manipulation of the drain mechanism.
+
+**3.75% of each drain** goes to stakers in the DRC staking pool. This will be the only DRC staking pool, yields will be in ETH.
+
+**3% of each drain** goes to liquidity providers of the DRC/ETH pool on {REDACTED}, yields will be in ETH.
+
+**3% of each drain** goes to liquidity providers of the DRC/ETH pool on Uniswap, yields will be in ETH.
+
+**3.75% of each drain** goes to the developer fund to help continue the ongoing development of Dracula Protocol, yields will be in ETH.
+
+**1.5% of each drain** goes to the gas fund to pay for future drains, yields will be in ETH.
+
+**Note:** After each drain, these rewards are linearly distributed to each user over the following 24 hours, which will ensure consistent yields rather than spiked earnings after each drain.
+
+**DRC Utility:** The DRC token can be currently staked to earn 3.75% of all ETH that comes from drains. This design ensures that APRs for DRC staking is directly dependent on TVL of Dracula Protocol and the APRs from underlying platforms.
+
+If Dracula Protocol manages to capture significant TVL from underlying platforms with high APRs, the staked DRC token will have a direct cash-flow to this performance, paid in ETH. This token design is meant to focus on ROI for DRC token holders, where their initial investment to earn a share of protocol performance is quickly outpaced in terms of ETH earned.
+
+DRC also has voting rights to the future of Dracula Protocol. Going forward, we plan on adding new features to add to the utility of DRC, such as integrations with lending platforms, tokenized staking for composability, and more.
+
+We believe that the DRC token can be used as an *index token for the performance of the underlying DeFi platforms*, as its returns are directly dependent on APRs for its victims, which are a result of healthy token appreciation from underlying platforms like SUSHI or PICKLE. This functionality creates a synergy between Dracula and its victims and opens the possibility for future collaboration with any of the underlying platforms.
+
+The implications of the V2 DRC token design are massive and we are truly excited to have this idea come to fruition. Our next update will be at the launch of our V2 contracts on mainnet, where all of the described changes will be live in production. We will also be detailing our ecosystem partners after our V2 launch, which are fundamental to Dracula Protocol, DRC, and the future of DeFi.
+
+**Keep up with us on our socials for further updates, soon to come!**
+
+Twitter: [https://twitter.com/DraculaProtocol](https://twitter.com/DraculaProtocol)
+Title Says it all - FatFire Failure.  I would like some advice of how to handle fatFIRE failure.  I have not fatFIRE'd yet, but I have had 3 opportunities which I could have reached this goal.  I feel that I have been smart/lucky enough to put myself in the position make it.  I feel I reached the point to where I was about to make it,  to have it knocked out of my hands by other people.  I am feeling ripped off a lot lately and its been heavy on the mind.  I'm in a funk and its been hard to get out of my head that I got screwed and those that screwed me fatFIRE'd to 9 digits twice.
+
+Sorry the above paragraph probably doesn't make much sense, just needed to get something out to someone.  Not something I am comfortable venting/talking to Family about.
+
+​
+
+My question is those of you who have made it, do you have any advice to someone who has failed a few times now and is struggling.  Or if you have failed before and hit the wall any advice to get through it.
+
+​
+
+Thanks!
+
+​
+
+Edit - Thanks a lot everyone for all the comments! It has given me a lot to think on, and thing/books to look into.  Just reading everything from you all has given me a mental boost! Thank you so much! 
+Guten Morgen to this global band of Apes! 👋🦍
+
+Just a quick reminder that since Germany starts DST a few weeks after the US, this week I'll be updating for only one hour starting an hour later than the usual start time. We'll be back to the normal schedule next week.
+
+While I honestly expected another dip on Friday, it appears that the discounts were short-lived and we had both high volume and a modest price increase. Obviously, the big news leading into the weekend was the earnings report, where on top of solid earnings numbers and bullish forward-looking statements, we saw fantastic DRS numbers that somehow exactly matched the projections from the DRS bot. The Purple Circles are working folks! Each quarter, more and more Apes become true HODLers of their shares, and our collective DRS numbers are rapidly becoming (perhaps already are?) the largest voting bloc within the company. Besides simply having our shares on record in our own name, unavailable for short borrowing or subject to shady broker TOS clauses, we represent a force within the company that has the power to effect real change.
+
+This must scare the shorts like nothing else. Can you imagine what the level of FUD frenzy would reach if a shareholder initiative were to be proposed, perhaps instructing an audit of the number of outstanding shares or determining the exact number of proxy votes cast in the election? Maybe requesting that an NFT dividend be issued? While these may be unrealistic dreams, seeing the number of shares held by Apes at ComputerShare gives me hope that we are rapidly approaching the point where Apes will be able to directly trigger the MOASS. Our collective power grows with each share that we DRS, so now is the time to DRS what you can. Let's put our Diamantenhände into action!
+
+Today is Monday, March 21st, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟩 60 minutes in: **$89.40 / 81,22 €**  *(volume: 2334)*
+- 🟥 55 minutes in: $89.32 / 81,14 €  *(volume: 2102)*
+- 🟩 50 minutes in: $89.34 / 81,16 €  *(volume: 2095)*
+- 🟩 45 minutes in: $89.32 / 81,15 €  *(volume: 2071)*
+- 🟩 40 minutes in: $89.16 / 81,00 €  *(volume: 1960)*
+- 🟥 35 minutes in: $89.14 / 80,98 €  *(volume: 1940)*
+- 🟥 30 minutes in: $89.19 / 81,03 €  *(volume: 1925)*
+- 🟥 25 minutes in: $89.20 / 81,03 €  *(volume: 1793)*
+- 🟥 20 minutes in: $89.27 / 81,09 €  *(volume: 1767)*
+- 🟩 15 minutes in: $89.30 / 81,12 €  *(volume: 1716)*
+- 🟥 10 minutes in: $89.27 / 81,09 €  *(volume: 1332)*
+- 🟥 5 minutes in: $89.31 / 81,13 €  *(volume: 816)*
+- 🟥 0 minutes in: $89.34 / 81,16 €  *(volume: 749)*
+- 🟩 US close price: $90.79 / 82,48 €   *($90.00 / 81,76 € 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 1.1008. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+I'm 24 and entered Market via SBI cards IPO :) last year.
+My interest is only long term investment, after some research, i have selected below funds to be part of my portfolio. Can save up to 30K per month only for Mutual fund investment, and decided to start SIP in the same from this month May 5th - 10th.
+
+Index funds:
+ - HDFC NIFTY 50. [3K]
+ - Motilal Oswal S&P 500. [3K]
+
+Large Cap:
+ - Canara rob bluechip equity fund-reg(g) [7K]
+
+Flexi Cap:
+ - Parag parikh flexi cap fund. [7K]
+
+International funds:
+ - Franklin India feeder us opportunities fund   [5K]
+ - Edelweiss greater china equity off-shore fund [5K]
+
+I have used https://www.rupeevest.com/ as a screener and to check rolling returns of MF.
+
+How good is My portfolio ? is above money allocation ok ? any red flags that i can't see?
+
+I want to invest in EV themed fund, but could not find one. Smallcase is other option, but i am not able to understand its algorithm ?
+
+below is a case:
+ - say i have shortlisted some 15 stocks to be part of my smallcase.
+ - 45K is one time starting money to buy each stock in smallcase, Higher one being 12K.
+ - I am interested to do SIP of 5K each month.
+ - on what basis does smallcase decided to buy stocks form that monthly 5K ?
+ - when it will buy the higher stock worth 12K ? I'm guessing, it will purchase other stock in higher amount and sell at next SIP and buy the higher one. but i do not have any proof for it.
+Hello lads, I was wondering if I had it right about the following: If XEQT returned -12.81% in the last 12 months, dividend yield is 2.07 (latest yield) and inflation was 7.6% in July, does it mean the net return for XEQT is actually -18.4 (-12.81+2.07-7.6) ?
+
+Thanks in advance!
+Property development is where my mind wanders towards when I think about what I would like to do in the next ten years, both in terms of enjoying work and achieving fatFIRE. I'm \~40, entrepreneurial, have spent 20 years in IT and recently just can't stand spending most of my time at a desk and staring at the computer screen. I'm burnt out and it's not something temporary which might be solved by taking some time off or pivoting within the industry. It has been growing on me for years. I don't want to be miserable, I want to again enjoy what I do and I want to start doing something entirely different. Property development is not some impulse idea for me, I was interested in this for years.
+
+I think about starting with a small housing development of 6-8 small, affordable single-family houses in the suburbs and then increase scale if all goes well. I know I have a lot to learn before I start and I'm willing to invest my time in reading and talking to people. I also have two multi-day courses/seminars on my radar which look promising in acquiring know-how (and I'm going to take them both).
+
+I'm in a still developing and growing market (Poland). My area is HCOL relatively to the country, which is LCOL in general compared to the US or Western Europe. Average gross margin of property development companies here is 25%, with some companies exceeding 30%. Net margins (including office staff costs, etc) are \~20%. The most usual way of financing residential projects requires \~30% of own capital, usually spent at acquiring land, preparing the project and securing permissions, and then the bank financing kicks in. The rest is financed by bank loans and buyer payments. Homes and apartments are usually sold before the construction finishes and a significant part is sold even before the construction starts. Buyers deposit payments in escrow accounts and the bank releases money to the developer in tranches as the development reaches predetermined milestones (this is regulated by law here), so the loan is moderate and used mostly to fund progress between milestones (assuming you have good enough sales in early stages of the project).
+
+My understanding is that with 30% own funding, 20% net margin and 19% tax it means 0,2 \* 0,81 / 0,3 = 54% net return on capital within \~2 years of project lifespan (or 0,2 / 0,3 = 67% return if I reinvest in a new project, what I fully intend to do). That leaves a lot of room for errors for a beginner and promises a nice path to fatFIRE after learning on mistakes and not repeating them in further developments. I'm prepared to have 50% of own funding for my first project (up to 100% in the worst case scenario), as securing bank financing before I establish track of record might be difficult.
+
+I know that it will be harder to attract customers until I have completed developments to show (and this is why I want to start with small and affordable houses, as I think they attract customers who are less picky), but there is a promising franchise which might help with that (and not only that). They provide a complete project for nice, small, affordable houses which are selling well, plus some know-how and help for beginners. Most importantly, you can join a (small) group of small developers building this stuff around the country under a single brand, with several developments already completed, to appear larger than you really are. This of course lowers profits (I don't know the exact model, but I heard it's still reasonably profitable), but I think it might provide a good learning curve and be easier to start with. It should also help establishing credibility with both banks and customers. Once I have experience and track of record, I'll switch to be fully independent.
+
+Did anyone switch to property development mid-life (or not necessarily switch, just do this)? What were the biggest challenges which surprised you the most, which you did not anticipate and nobody told you about? What non-obvious things I should be careful about? What are important things or potential issues which I won't learn from books and at the courses?
+
+Does everything I wrote above and my thought process make sense?
+
+(I know that with possible economic crisis, which almost everyone expects soon, times might be hard for property sellers, but this is not something I will start doing actively tomorrow. I still have a lot of things to wrap up in what I do now and I need time to learn about the new industry before I start doing anything. I believe I will need 18-24 months for both these things, so if popular expectations about the crisis will come true, I might start at a good time to buy cheaper parcel/land and then sell homes in a market which will already start warming up again after the crisis)
+
+Thank you for all hints and opinions!
+
+Edit: It's hard to find mentors in Poland. Sadly, most people here tend to see everything as a zero-sum game and don't like to share knowledge or contacts. It's different in new technologies, and there is a lot of openness in IT, but the traditional industries are socially as closed and cagey as you can get. The best I could think of is to get hired at a small development company, but without experience in the industry I would get hired for a position with no access to inner workings of different areas. If I were open about my intentions, to work/intern on a level having access to all areas to learn the know-how, while offering the best of my skills for a year, most companies wouldn't hire me even if I offered a year of my work without compensation. There is some amount of mentoring included from a small company running the franchise I mentioned (and a 20h course, which is focused on very practical and hands-on approach), but I have no illusions of having a true mentorship from this.
+
+Edit 2: Thanks for awesome answers! My 6 to 8 homes planned development is actually a very small investment. I'm talking tiny 1000 sqft homes plus one-car garage (but with very useful and optimised layout), on 4000 sqft parcels. Homes in Europe are smaller than in the US and homes in Poland are smaller than European average. 1000 sqft is still very small, even for homes in Poland, but can be priced at the same level as 600 sqft apartments (which is the most popular size for apartments here) with no parking space and just a mile closer to the city. 1000 sqft home is a low-cost and attractive alternative for young families on a budget who are buying their first property and would like a small, enclosed lawn for their kids to play and few more sqft, but can't afford more than they would spend on a small apartment. It's kind of a trend here and it's relatively easy to sell. This is how I want to limit my risks at the beginning, with low scale and a easily(ish) sellable product, but I don't think anything smaller than 6 homes could be sold in this market. People here tend to either build on their own (hiring a general contractor) or buy from a development, and they don't consider anything smaller than four houses. Anything smaller and they find it an amateurish/private enterprise and generally avoid.
+Sup everyone! I added a little something to **[LazyFA Lite](https://lite.lazyfa.com)** for you to play with: real time (millisecond) data on any symbols traded on IEX (which is about 9,000 or so right now). Anything that doesn't trade on IEX will fall back to AlphaVantage which usually has less than a minute delay (still pretty good for free). 
+
+Here's an example: https://imgur.com/a/A0aNeW6
+
+It's probably the closest thing you'll get to a real time feed like what you'd get in professional trading software like Interactive Brokers, DAS, or Tradestation, without actually paying for it. I will be adding level 2 data and a time and sales feed in the next couple weeks too.
+
+I also added a buy/sell/hold indicator that considers things like likelihood of short term volatility, trading style, annual income, debt load and cash flows to tell you whether you should buy/sell/hold for different types of trading. I'm still working on the algorithm for that so most things will say hold for now unless it's a glaringly obvious case of buy or sell, and some may light up both buy and hold or sell and hold if it's unsure. 
+
+Anyway, it's free! Go try it and let me know what you think!
+
+Looking forward to hearing feedback
+
+EDIT: Just as a note there is a known bug w/ the ticker list taking a while to load on mobile the first time you hit the homepage. This will be fixed ASAP
+I just want to share with new traders about my own experience. This will be a long post as I hope to give back to the community because I wish I had known this when I started. 
+
+The learning curve for day trading is unlike any other skills or tasks you encounter in your life. In almost any other tasks or skills, the more you practice, the better you gradually become. Take any sports or language for example, the first year (or session) of learning gets you from knowing nothing about a particular subject to actually knowing something very basic. As you can imagine, knowing some very basic is enough to be better than people who never touched the subject. So naturally there is a sense of achievement and accomplishment because your hard work pays off.
+
+Day trading is completely different. In the beginning, you would see a flat or even negative effect on your pnl the more you learn. You would lose money more often than people who know nothing about trading. This would CONTINUE for a very long period of time.
+
+The first full month I went for 20 straight negative days for a total 2500. After around half a year, the first positive month was around 600. Then 1300, 2800, 10k and stabilized after that. The strategy I used was not possible to size up so my pnl pretty much stay the same for years and slowly declined due to the change of market condition.
+
+So don't expect yourself to make even 10 dollars a day when you just start because if you can make 10 dollars a day consistently, there is nothing to stop you from sizing up to make 100 or 1k consistently. T
+
+The goal should always be how to be consistent. Consistency comes when you enter a trade and you know the ratio of which a trade is against you in relative terms. For example, 1 cent unrealized loss against you to 3 cent unrealized gain. Only then you can start become consistent and size up gradually.
+
+If you trade and you see -300 before you see +150 and you make money for a few weeks in a row trading this way, you are just lucky and you are wasting your time because you are just borrowing money from the market and you learn nothing from what you are doing.
+
+Treat is as a game to be good at and don't be caught up with the financial reward as those rewards would come and when it comes, it comes in bunches and you don't even to have to work for it that much anymore because you have already put in tons of work to get to this point.
+
+Good trading!
+My mother wants me to buy an 100k condo in my name and we split the mortgage and then rent the condo out in the future. Not sure if I’m onboard…
+
+My mom is a week away from paying off our childhood house. I couldn’t be more happy for her. She was a single mom who kept my brothers and I in that house and she worked very hard to keep it while we were growing up and well into our adulthood. I am forever thankful for her. 
+
+After she pays the childhood house off, I plan on working with her to get the house fixed up and then our plan is to choose a management company and rent the house out and move to California so she can be closer to her aging parents. I understand that Cali is expensive and she told me that she wants to live comfortably. Like have the bills paid and have some money left over. 
+
+That was the plan for about two years (it still is but now she wants to look into another investment: a condo and wants me to have it in my name.
+
+She wants to look into me getting a condo so when we do move to California, we will have two incomes coming in from the childhood house and the condo I’m being pressured to buy.
+
+Here is the thing, I love my mom to death but she told me that she has a lot of catching up to do as far as retiring comfortably. That tidbit scares me. It wasn’t until eight years ago when she landed a job she wanted to stay in for the long haul for. 
+
+I don’t think she has a legit retirement plan so she is banking on the investment in the childhood house and now this condo and wants me to not renew my lease on my apartment this year so I can move into the condo.
+
+I just don’t want to be put in a situation where I sign my name on that condo, live in it with her, get comfortable and then NEVER fix up the childhood house and then we will be stuck in Ohio for an extra 20 years. 
+
+Also, the childhood house needs a lot of work. The basement needs to be remodeled and we need kitchen cabinets and a new roof. 
+
+I’ve lived in Ohio all of my life and I want to move to another state. I don’t want to be tied down to a condo in a state that I’ve aged out of. 
+
+I also want to make more money in my career and that might require me to move out of state ( I don’t mind that). Right now I make 58k but my goal is to make around 80k or even a 100k sometime in my life. 
+
+I live in a one bedroom with my cat and I’m okay with that for now. I know at my age I should look into owning but that’s scary first step and I don’t want to be scammed or tied down.
+
+I’m not sure about real estate investing, however, my mom and I are going to a real estate class next weekend so maybe that will sway me. 
+
+Again, my mom and I are attending real estate classes next week. 
+
+PS, my mom is looking for a place to land for retirement and it’s been in our discussions lately. I hope I’m not the case cow, I don’t make that much money to be.
+
+Any advice?
+My annual pay increase letter came in. I work for a bank at Senior manager level and I got 2.72% which is way below inflation. 
+
+What's been your payrise like and what is your level at work?
+I've been stuck at home all weekend, being sick, so I've been working on a new spreadsheet to track my investments, since I haven't found one that met all my needs or was easy to use. So [here](https://docs.google.com/spreadsheets/d/1m98UCQvmmUbMK4VlodU5xTqszhMLbFSx8lgcfI4RcL8/edit) it is! 
+
+Quick overview of the what I wanted it do: 
+
+I own a few random stocks I prospect via Schwab, that I wanted to quickly be able to look at a day's performance. The majority of my investments are done with a lazy portfolio via Vanguard, though, so this is what I really wanted the spreadsheet for. 
+
+Features: 
+
+* The stock quotes are all live, via Google Finance. So just type in your Ticker and let it do the work
+* Splits vanguard (or whatever broker you use for retirement) investments up by Personal and IRA Accounts
+* Sub categorizes each account by allocation (Bonds/Equities & International/Domestic)
+* Provides retirement account overview to quickly assess if you are within allocation
+* If you are not within allocation, it tells you which stocks to Sell/Buy to regain allocation (i.e., "Sell $6,300 of Domestic Equities")
+
+Although that is all fun, I'm sure you've seen spreadsheets with similar features. I wanted this to be truly lazy though, in the spirit of the lazy portfolio. Not something I have to physically check every few months (ugh, so much work). Now for my favorite part:
+
+* The spreadsheet includes an overview page, that allows you to quickly see the day's performance
+* More importantly, it also allows you to see how far off allocation your retirement accounts are, and automatically color codes it for more visibility (i.e., if you are out of allocation by 10%, it is red)
+* We're still not lazy enough. Now for the standout feature I couldn't find anywhere else *drumroll*: **It will automatically send you an email alert if you're out of allocation by 10% or more** (see instructions below for more information). Never check the spreadsheet again!
+
+
+*Instructions for use* 
+
+First, make sure you copy this spreadsheet to your own google account (File -> Make a Copy). If you don't see the File menu, make sure you are logged into your account. 
+Once that's done, It's pretty straight forward, for the most part. Just change the ticker symbols & shares owned to your actual holding and it will calculate the rest. Also, you will have to play with the allocation math, if the default allocation doesn't match your desired target. Feel free to reply with questions.  
+
+The trickiest part is getting the email notifications to work. Follow these steps: 
+
+1. Tools -> Script Editor
+2. Replace ENTERYOUREMAILHERE on line 11 with your email
+3. If you want to change the threshold to trigger an email (its currently set at 10%), change that on line 7 (change the number after "value>=")
+4. Save the script by hitting the save button
+5. Run -> Read Cell (allow authorization) 
+6. Click the trigger button (its directly to the right of the cloud button and save button)
+7. Set up a trigger 
+8. It should be set up as readCell/Time-driven. I recommend choosing a day-timer, so it will check once a day and if you are off, send you an email once a day. (I made the mistake of initially setting up an minute timer and getting an email every minute for 6 hours. Whoops.)
+9. Save. Now forget about it and go do something else! 
+
+
+
+*Note:* Before anyone asks, these aren't my actual holdings or stocks so don't send me advice about how X is a terrible idea. I wish I owned TSLA. The holdings in this portfolio are purely a demo. 
+
+Lastly, if anyone has any tweaks or recommendations for this, please let me know. Im still new to spreadsheets and figured out most of this over the weekend. 
+
+**Edit:**
+
+A lot of people have been reporting that the page is loading in a view-only mode that does not show the menus, or allow copying to your account. I *think* it's just getting overwhelmed by the amount of visitors, so be patient and try refreshing a few times, or try back again later. Also, make sure you are logged into your account. If anyone has any other ideas as to why its doing that, or how to fix it, please PM me! Sorry for the confusion!
+I'm turning thirty this year. It seems early, but I'm stressed and tired every day. Need advice.
+
+Currently a mid-level tech exec making \~400k annually (~250k cash, ~150k options).  NW is 2M but half of that is in the house which I still have a mortgage on (would have to sell and move to smaller place to fund expenses). My plan was always to work till 40 and build NW $5-10M before retiring, but I'm already exhausted. At this rate, I honestly don't know if I can last 5 more yrs.
+
+Wondering if others here have gone through/are going through something similar? What should I do? Do I power through next few years and get closer to FIRE value? Should I quit and find lower paying job in the meantime? I also have the option of working in my family business, but it's so out of my field not sure what value I could add.
+He naively thinks what we do is gambling — it’s not gambling if you have trading discipline/emotional control, A trading plan, and good risk management                                                              
+
+I personally think day trading is riskier but significantly better at generating a return relative to your run-of-the-mill buy-and-hold investing
+Like it’s annoying but funny at the same time reading crazy human’s market manipulation comments every day
+
+More annoying is there is no reasoning provided 
+
+Sounds like an old man with gold stored in his basement who doesn’t believe in money or government or anything but his gold
+In the book it says to allocate 5%-10% of your trading money (not total account size) towards these portfolio insurance units, which would be SPX/SPY Puts or VIX/VXX calls. He doesn't clarify what trading money means, but I'm going to assume money one can lose per trade or buying power reduction for defined risk trades.
+
+Let's say I have a $10k account, and I sell a bunch of risk defined credit spreads (Verticals, Iron condors, Iron Flies) that expire in a month — my total BPR for those trades is $1,000. For the insurance, I buy $50-$100 worth of SPY Puts (5%-10% of my BPR) at a -0.05 Delta or less that also expire in a month.
+
+If the market is stable for the year and relatively bullish, I've lost $600-$1200 on those SPY Puts, meaning I've spent 6%-12% of my account on expired insurance...and it's highly unlikely I'm making 22% annualized returns. In fact, best case scenario I'm making 12% max returns, under ideal conditions, so in a perfect world I'm breaking even every year or making 6% (less than buy&hold an index).
+
+So I must be wrong about how to buy that portfolio insurance, because it's surely not worth getting with those returns. Can someone else fill me in on this?
+Say you had $100k in your account, and wanted to quit your job. What stocks would you wheel to scrape together income? I feel like the sweet spot would be high IV ETFs (Ark, ICLN, etc). Steady, but also enough premium to make it worth your while.
+
+Edit: Thank you everyone for your responses. When I give my two weeks, I will think of you. And when I tap the last bit of ramen seasoning into my mouth, I will also think of you.
+Had a great few days, sold 2 $70 puts last Friday (2/26)  for exp 3/5 @ $10.00 each. Today bought both of them back for $1.60 each!
+
+Kind of a gamble with that volatility but with a breakeven of $60 I figured it was going to go how it went last time with GME where it stayed inflated for a few days at least. Anyone else make any GME plays?
+
+Edit: Stock price at time of sale was $126.
+Long story short (pm for more details if you can offer advice), I inherited a house outright, no mortgage. My car is paid off, although I have 50k in student loans. Home is worth 300-350k. 
+My spouse and I are sick of the working grind, and are planning on living out of our Prius and traveling the US. Budgeting our monthly needs projects a need for 1,000$ per month. 
+We are considering selling our house and furniture and, after paying off all debts, investing the remainder into stocks, etfs, and index funds aiming at 1k dividend income monthly. After all debts are paid we would likely have around 250k to invest. Does anyone have any suggestions or insights? We are in our early 30s and intend on traveling for the foreseeable future. If we ever decide to buy a house, we would have the principal invested to buy outright. 
+Any ideas?
+I have noticed with falling house prices that real estate agents are withholding sale prices (on real estate apps) more and more. I’m assuming this is legal otherwise they wouldn’t all do it, but it seems to be a trend and gives off the appearance that they are trying to interfere with the market and prevent prices going down? 
+
+Surely there are some regulatory issues here that may even be rise to have some sort of royal commission into market manipulation?
+
+I’ve noticed it happening A LOT on the Northern Beaches of Sydney more so than anywhere else.  Prices are falling quickly, some houses are being sold for well under a million dollars but the agents aren’t releasing the figures.
+
+I have recently been introduced to the channel No Nonsense forex and I see it's pretty popular (almost 100k subs on YT). For people who watched all of his videos, followed everything he said, how successful were you?
+(The May 2022 consumer price index (cpi) rose 8.6% year over year, that is the highest since 1981 and worse then wall street expected. [Dow dives 800 points, S&P 500 posts worst week since January after inflation hits 40-year high](https://www.cnbc.com/2022/06/09/stock-market-news-open-to-close.html))
+
+​
+
+​
+
+\---------------- [(full article here)](https://www.bls.gov/news.release/cpi.nr0.htm) \------------------------
+
+The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.6 percent before seasonal adjustment.
+
+The increase was broad-based, with the indexes for shelter, gasoline, and food being the largest contributors. After declining in April, the energy index rose 3.9 percent over the month with the gasoline index rising 4.1 percent and the other major component indexes also increasing. The food index rose 1.2 percent in May as the food at home index increased 1.4 percent.
+
+The index for all items less food and energy rose 0.6 percent in May, the same increase as in April. While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, used cars and trucks, and new vehicles. The indexes for medical care, household furnishings and operations, recreation, and apparel also increased in May.
+
+**The all items index increased 8.6 percent for the 12 months ending May, the largest 12-month increase since the period ending December 1981**. The all items less food and energy index rose 6.0 percent over the last 12 months. The energy index rose 34.6 percent over the last year, the largest 12-month increase since the period ending September 2005. The food index increased 10.1 percent for the 12-months ending May, the first increase of 10 percent or more since the period ending March 1981.
+
+\---------------------------------------------
+
+​
+
+​
+
+​
+
+\------------------[(full article here)](https://tradingeconomics.com/united-states/inflation-cpi)\-----------------------------
+
+Annual inflation rate in the US unexpectedly accelerated to 8.6% in May of 2022, the highest since December of 1981 and compared to market forecasts of 8.3%. Energy prices rose 34.6%, the most since September of 2005, due to gasoline (48.7%), fuel oil (106.7%, the largest increase on record), electricity (12%, the largest 12-month increase since August 2006), and natural gas (30.2%, the most since July 2008). Food costs surged 10.1%, the first increase of 10% or more since March 1981. Big increases were seen in prices of meats, poultry, fish, and eggs (14.2%). Other increases were also seen in cost of shelter (5.5%, the most since February 1991), household furnishings and operations (8.9%), used cars and trucks (16.1%) and airline fares (37.8%) while cost of new vehicles eased slightly (12.6% vs 13.2%). Meanwhile, core inflation rate slowed for a second month to 6%, compared to expectations of 5.9%.
+
+\----------------------------------------------
+
+​
+
+​
+
+(other articles below)
+
+[US Inflation Unexpectedly Accelerates to 40-Year High of 8.6% Pressuring Fed and Biden](https://finance.yahoo.com/news/us-inflation-unexpectedly-accelerates-40-123613634.html)
+
+[Inflation rose 8.6% in May, highest since 1981](https://www.cnbc.com/2022/06/10/consumer-price-index-may-2022.html)
+
+[U.S. inflation quickens to 8.5%, ratcheting up pressure on Fed](https://www.bnnbloomberg.ca/u-s-inflation-quickens-to-8-5-ratcheting-up-pressure-on-fed-1.1751160)
+
+[Prices Rise Rapidly in May: Live Updates](https://www.nytimes.com/live/2022/06/10/business/inflation-cpi-report-may)
+
+[Fed task gets tougher, putting 75-basis-point hike back in view](https://www.bnnbloomberg.ca/fed-seen-extending-steep-rate-hike-path-to-cool-heated-inflation-1.1777179)
+
+[Stocks crushed after inflation hits 40-year high: Nasdaq falls 3.5%, S&P 500 suffers worst week since January](https://finance.yahoo.com/news/stock-market-news-live-updates-june-10-2022-111928913.html)
+
+​
+
+​
+[Link to relevant page on HMRC](https://www.gov.uk/tax-on-your-private-pension/pension-tax-relief)
+
+[UKPF Wiki Page on Pensions](https://ukpersonal.finance/pensions/#Tax_relief_on_pension_contributions_%F0%9F%92%B8)
+
+Just had a conversation in my office and most of my colleagues were unaware that they needed to contact HMRC to claim back the additional 20% (to make the total up to 40%) tax relief on our relief at source pension scheme.
+
+If you earn over £50,271 (or are a higher rate tax payer due to a reduce tax free allowance) _and_ your pension scheme (and/or SIPP) is a relief at source scheme then you will need to contact HMRC to claim back the additional 20% income tax you've paid on your contributions.
+
+If you earn less that £100k you don't need to complete a full self-assessment to do this, you can just write to HMRC to claim back the additional tax relief. Your pension provider/s will be able to provide you with a contribution statement that shows your net/gross pension contributions. 
+
+Example: 
+
+>Salary £65k
+
+>Net Pension Contributions: £8k
+
+>Gross Pension Contributions: £10k
+
+Your pension provider should have automatically given you the standard 20%/£2k tax relief, but as you have paid 40% income tax on that £10K, you are owed an additional 20%/£2k tax refund from HMRC - making it so your effective cost was £6k net for a £10k gross pension contribution. 
+
+If your pension scheme is salary sacrifice then this isn't relevant as your contributions are made pre-tax (gross) so you never paid the income tax in the first place.
+Reddit will be shut down, and we won’t have access to this subreddit. The price of gme will be going up down and maybe in your wife’s boyfriends ass, but what is most important is that we all hold. Do you remember 2008? Do you remember how many people committed suicide because they lost everything. The day the margin call happens we will all be tested as a group and as individuals. Which one of us will sell when it suits them? Which one of you will be a paper handed bitch and just think about yourself. This is the one fucking time regular retail investors have a fighting chance to take back what was lost. This system will always be rigged for us as individuals.... but what we do as a collective will affect the next hundred fucking years. When the price is right for you and you think of selling, think about the people who talk about living in vans and only have one share. The person reading this far, I trust you to hold. I believe there are enough people out there who won’t hold just for the money, but to send a fucking message. You can talk about how you won’t paperhand, but when the moment comes, will you be true to your word? There’s nothing stronger than a group of individuals with nothing to lose, love you apes!!!
+I've followed MANA for a while now.
+
+Over the last 9 months they've had an average of 200-350 daily active users.
+
+For a game that's worth $8bn it's MASSIVELY overvalued.
+
+Only this week has their userbase increased to over 1k but I don't see that being sustained due to how expensive Land sales are - which are at a very low volume btw.
+
+You can see the active user data yourself here:
+
+
+https://catalyst-monitor.vercel.app/
+
+
+Compare this to a game like VRChat who's got 1m daily active users. VRChat is only worth about $1-2bn based on their last funding round.
+
+There's no logical reason that a metaverse game with only 0.1% of the userbase of VRChat is worth 4x more than it.
+
+This thing pumped due to Zucks little speech, but before that it was never close to it's ath from before. It's a dead metaverse waiting to be dropped.
+
+You've been warned.
+
+Edit:
+
+To be clear. You can't buy fucking VRChat tokens. It's a Non-blockchain project. I'm not shilling VRChat cuz you can't buy it. I'm highlighting just how idiotic Manas market cap is compared to better projects.
+
+Edit 2:
+
+Both founders have left the project and cashed out the majority if not all of their holdings.
+
+Take that as you want.
+
+Founders leaving: 
+https://today.in-24.com/business/amp/130485
+
+https://ar.linkedin.com/in/eordano
+Been playing this level to level and currently support has flipped into resistance. Hesitant to short because volume looks weak, which could be indicative of selling exhaustion, but at this point I’m probably looking for strong candles to break the little support we’ve just made around $16.5k
+Shower thoughts. This just came to my mind right now, with the way Ryan Cohen is driving the company, I feel when we moon and the whole world knows about this. I feel everyone will want to  buy their stuff from GameStop and not Amazon.
+
+Same day delivery, same price as Amazon, customer service which is top notch and GameStop cares more about their customers.
+
+I don’t know, just feel Amazon will be in trouble when Cohen fully transforms this company.
+
+Obligatory 🙌🏻💎💎🦍🦍🦍
+Nothing about past earnings or current events--yesterday (prior to earnings)--showed sign that this stock would tank by 40%.  Really starting to get frustrated with my failure with earnings.  I was all set for a straddle play which would of worked out perfectly.
+
+However, because of the overall bullish sentiment plus an HU alert for call options against it, I changed last minute.  Overall, the play seemed to be a pretty healthy one only to wake up and see my position become worthless in a split second.
+
+Everything gone just like that.
+
+Did anyone see this kind of movement coming and if you did, how?  I'm still learning and for the most part have the overall jist down with trading options (and the overall language) and for some reason, earnings seems to be a death sentence.
+
+I had ford puts against it's last earnings because of it's factory burning down, demand down, COVID, chip shortage and even concern highlighted from upper management months before earnings came about.
+
+What am I missing?
+I bought HRED in April and have raked in a pretty good return of 30%. It is inverse the Solactive equal weight Can. REIT index. I am tempted to sell but curious how indebted the average REIT in Canada is and how exposed they are to rising interest rates. I looked into a few random REITs in the index: Chartwell has a quarter billion in mortgage debt,  Allied Properties has 3.7 billion in mortgage debt, First Capital in the billions too.  Seems like every REIT in the index has massive debt burden that is going to hit the bottom line hard in the short term.  I've heard the argument that REITs can raise rent prices so they will be OK but the debt levels I'm seeing across the REIT index seem troubling and I feel like rent increases on most of their properties would need to be absurdly high to make up for the debt burden as rates rise.  Anyone have a good argument to the contrary and think Canadian REITs are going to weather the storm ahead on top, or is the inverse REIT ETF the obvious cash cow I think it will continue to be?
+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!
+My old financial advisor was so pissed I bought more and more gme at $40. He showed his cards and said "My boss asked me how I could let you do this...how I could ever let this happen...you invested all of it........you have to call him and tell him this wasn't my idea."
+
+This guy was in panic mode. He said he might lose his top 5 ranking in the firm if he was in charge of my GME finances. At the time, my GME position had him in first place 😎
+I said "Well I'm heavily in the green" and he was so angry, he yelled back "YOU'RE IN THE BLACK, it's not IN THE GREEN! ITS IN THE BLACK!!!"
+
+That's when we both realized I was truly retarded. 
+
+And that's when I told him I doubled my position at $39 just like DFV. That was last spring, and I've since fired him. I passed on others I've interviewed, because they told me even though my avg is $90, I was still wrong for buying it and am still wrong for holding it.
+
+Lol makes no sense but there are bitter people with seemingly no direct connection to GME, and they are actively working to get it out of people's hands. Ahh good times....happy holidays to all!
+I have plenty of cash on hand and have always lived by the "cash is king" mentality and to take money when it is cheap. In this case, my car loan is relatively cheap, however, if I pay it off now I will save roughly $2k over the life of the remaining load. Pay it off or hold onto the cash and continue to make payments?
+
+​
+
+Edit: Wow, I got way more responses than I thought I would. Thanks a lot for your advice!! 
+Hi all
+
+I can't believe I'm writing this, to say we have 400,000 subscribers. 14 months ago I was celebrating 100k subs. I wonder what that puts our R number at...
+
+So, some announcements/info/things, and the usual "how are you finding it?" question.
+
+
+# Announcement - ruleset has been clarified and simplified
+
+We have added to the rules over time, usually with a mod post. They got a bit unwieldy, with some duplication and other issues, so we now have a snazzy simplified set of rules, which have been designed to be more useful, reference mod-threads where issues were discussed, and you can use them when **reporting posts and comments**.
+
+I'd also like to point out that any comment that goes "do this, buy that, sell this", with no context or accounting for circumstances, breaks rule 4 and should be reported. Crypto gets a special mention here as there has been a recent explosion in comments about crypto that follow this format. 
+
+To be clear, crypto discussion in general as part of a sensible and risk-appropriate investment conversation is not banned, but "coin xyz pays 4% risk free for staking" type comments break this rule.
+
+[Please re-check the rules](https://www.reddit.com/r/ukpersonalfinance/about/rules) - feedback welcome to the simplified and clarified rules.
+
+# Some stats
+
+## The subreddit
+
+We have around 650,000 unique visitors to the sub per month, with around 6 MILLION monthly pageviews (wow).
+
+https://i.imgur.com/QIG4Yrx.png
+
+According to [Subredditstats](https://subredditstats.com/r/ukpersonalfinance) we are getting 700+ comments and 30+ posts per day (post-moderation).
+
+This longer-term chart from subredditstats tells its own story, I think:
+
+https://i.imgur.com/MtGGiGj.png
+
+## Moderation
+
+In the last month, mods performed 2,500 moderation actions (that could be flairing a thread for bot removal, removing comments or posts, banning users, etc.), and bots performed 11,700 actions (there is some duplication with the mod actions, but hopefully this shows that quite a bit of effort goes into keeping the sub in tip top shape!
+
+## [The wiki](https://ukpersonal.finance)
+
+The wiki is consistently getting 10,000 or so unique users a month, and the three most popular non-homepage links are the flowchart (obviously!), recommended resources, and investment 101. 
+
+The wiki has changed a lot in recent months thanks to the efforts of a small team of non-moderator volunteers on our Discord. Wanna join them? Hit the link below and let a mod know.
+
+## The [Discord](https://discord.gg/kaetMg8)
+
+The Discord continues to grow slowly (the best way for a live discussion community). We're at around 1,500 people on the server, although far fewer actively engaged members.
+
+https://i.imgur.com/j1BKjkX.png
+
+# Request - please use the report button
+
+We often find ourselves reluctantly handing out short bans for rulebreaking comments where regular posters have taken the bait of other rulebreaking comments. **Please, please, don't engage with rulebreaking posts or comments, just report them**. It's the biggest positive impact you can have on our community other than being a contributor to other posts.
+
+It is worth mentioning that a LOT of posts and comments are removed, often silently. We get an awful lot of inadvertantly offtopic posts by new posters, who we assume are pointed to our sub by Reddit's "wonderful" new discovery system. Our most common post removal reasons are for off-topic/wrong sub, and our most common comment removal reasons are for rules 1 and 7 (be nice, no politics).
+
+# Question - How's it going? 
+
+How are you finding the community? What is getting your goat? What could make things better? What is going well? What is missing?
+We've seen shell companies like Glacier Capital get "liquidated" and this got me thinking what it would do to all the small hedge funds that are really just a place to put assets and positions for later use. 
+
+The requirements are literal pocket change for the big boys, they wouldn't give two shits about it and in the grand scheme of things, won't be enough for MOASS.
+
+But what if someone had, say, 100-200 shell hedge funds? That turns into a healthy chunk of change that needs to be coughed up right quick.
+
+My expectations are that this is nothing more than a show but maybe something will happen for once.
+I recently went up a grade in my current job which has a annual pay increase of about £1000 annually from my previous salary. I realise since getting this pay rise, my deductions have increased (monthly):
+
+Tax has increased from £346 to £390.60
+
+NI has increased from £261.87 to £290.58
+
+Pension contribution increased from £193.65 to £209.12
+
+Student loans contribution increased from £63 to £84.
+
+With all these increases to my deduction, I wonder if this is normal. I probably should have stayed on my previous salary as I was actually taking home more than I am now after my promotion. So essentially I have more responsibility at work with less pay :/
+
+Your thoughts?
+
+Edit 1: thank you for your suggestions.
+
+Edit 2: there was a backpayment of £159 which is reflected in this month's payslip.
+For some reason we don't appear to ever talk about this here.  But there's a tactic called bankruptcy that can obviously save your butt amidst unforeseen financial trouble.  
+
+Did you know that roughly 1 million Americans file for bankruptcy each year?  Its not as uncommon as it may seem.  And from my research, not very expensive, and relatively simple process.
+
+Reasons you might file for bankruptcy:
+
+Lots of medical debt.  With insurance deductibles rising higher and higher this appears to be the number one reason people file bankruptcy.  Some of you advocate for budgeting absurd amounts toward medical expenses (probably wise to do.)  Bankruptcy can wipe away the medical debt.
+
+Lawsuits.  Wage garnishment, and the whole nine yards can be wiped clean.  Umbrella insurance is a great hedge.  But don't forget about bankruptcy. 
+
+Losing your job.  It happens, remember 2009?  If your assets are bankruptcy proof then there's an additional option.  
+
+Divorce.  Yes, it happens alot.
+
+Unexpected expenses.  We just don't know what the future holds for us.
+
+My personal goal is that 90% or more of my NW is locked into bankruptcy proof assets - home equity, 401k's, IRA's, HSA's, 529's, etc.
+
+You could potentially have 1 million dollars in 401k's and a paid off house and be able to keep 100% of it even amidst filing bankruptcy and wiping away any debt you owe.
+
+Am I missing something?
+
+I know bankruptcy is an odd thing to talk about in a Financial Independence sub.  But I can't help but view it as a fantastic last resort option.
+
+I would love to hear your thoughts! 
+https://www.cnbc.com/2019/05/02/warren-buffett-heads-into-berkshires-big-weekend-with-stock-underperforming-over-long-term.html
+
+Berkshire Hathaway shares are trailing the S&P 500 over the last one, five, 10 and 15 years.
+
+One Berkshire Hathaway stakeholder says they’re growing more uncomfortable with their position, given the company’s reluctance to flex its cash hoard.
+
+Berkshire Hathaway’s annual meeting, where 30,000 shareholders and Buffett fans gather in Omaha, Nebraska, is Saturday.
+UPDATE: There was a meeting last night, apparently. time line is sign contracts in 2023, move in 2024.
+
+hey. little background before i get into it; i’m 24, the house i live in is paid off (parents house), i’m the owner and i live alone (parents moved). i got a letter a few days ago stating that a company wants to buy all the land on my stretch of road, and they’ll be paying homeowners between $910,000 to $1,000,000 per acre. i live on 3.6 acres and i’m about 20 minutes from DC. i think the current estimated value for my house is about $850,000 (parents got it for \~$290,000 in the early 90’s). there’s a meeting regarding it ~~in mid april~~  on 5th april that will be between the company and the community.
+
+the letter feels kind of surreal to me as i never ever thought this would happen to me. and the dollar amount sound insane, especially considering some of my neighbours live on 10 \~ 15 acres. pretty much everyone that i talk to in my community has said they’re highly interested and they got the same letter.
+
+what kind of questions should i ask at the meeting? what key points should i look out for? and, if i do get paid, what the heck do i do with all that money?
+For those of you who may be new to the whole crypto thing, Solana was all the rage last year. People and VCs were incredibly high on this chain like it was the next best thing since sliced bread. Well surprise surprise. Not only did Solana turn out to be INCREDIBLY centralized, the team lied about their circulating supply twice and were caught committing fraud. That's a big yikes from me.
+
+ I have literally sold all my SOL,  I've bought a bag of MATIC and I'm never going back. It's more  decentralized (SOL has proven to be extremely centralized), The team can  actually be trusted and it's just an overall better chain IN MY  OPINION. I know a lot of you apes are pretty much gambling and will invest into anything even if it's a shitcoin. That's not me though and that shouldn't be you either.
+
+This chain CANNOT compete with the likes of Ethereum and L2s like Polygon. Especially when Solana is a project that has literally lied to you and disrespected you straight to your face. A real shame that people will still invest in this because y'all have no self respect lmao.
+
+Anyway I went off on a bit of a rant but the point of my post is this. Do your own research, do consistent research and tune out all the noise you're going to be hearing. Forget about marketing and hype. You will avoid most of this game's pitfalls by doing your own research. The most important skill you're ever going to use is tuning out noise and research.
+We are on our way to FATfire and are currently LEANfired. Looking to own and operate a small business that requires higher startup costs. Higher risk/higher reward, such as a construction business (excavation?), HVAC, plumbing, electrical. My husband has been farming his whole life and has recently taken to rehabbing real estate rentals. He is starting to get a handle on construction, electrical, plumbing and contracts. I handle our finances and excel at responding in a timely manner to potential tenants or clients.  We would like to couple our real estate businesses with a real estate related improvement business. Does anyone here own an HVAC, electrical or plumbing business? Thoughts on that path?
+I sold 2 puts at $15 on BBBY expiring next week. I’m and idiot because I decided to not set a stop and instead of being up +$100 I’m gonna be down at least $750 at open tomorrow. I feel like I’m gonna need some risk management help because I thought I was smart playing options against the most volatile stocks in the market. 🤡
+Last month was a rough one financially. I had to buy a suit and have it rush-altered in time for my grandfather's funeral. I was due for new glasses/contact lenses, and required a pretty pricey prescription, and my insurance didn't cover nearly as much as I was expecting. All in all, I had about $1,000 in expenses that I wasn't expecting. It more than wiped out my savings, and for the first time in a few years, I couldn't pay my credit card balance down to $0 before the statement posted. 
+
+The past month and a half has been lean as I've been trying to climb out of the hole. I've eaten a lot of the same meals over and over again, cleaned out my fridge and pantry to make sure not to spend any more than I had to, and cancelled plans because worrying about the cost outweighed the fun I would have.
+
+But payday is on Tuesday, and that will bring me back to the black, with enough to get me through until next payday on an only slightly reduced budget. Unless, of course, my upcoming doctor appointment ends up costing more than I expected, which it definitely will.
+
+Like I said, it's been tough. However, I will acknowledge that I'm in a better spot than many of the people I see posting here. I'm healthy and single with no kids, have a separate bank account for housing repairs, and another for student loan payments, that I could have dipped into if I saw no way out. I am climbing out solely through my "living expenses" budget. I have very good benefits through work, so my commute and health insurance weren't a money suck. I have friends and family who would have loaned me money if I truly got into a situation I had no way out of, so a safety net existed.
+
+To all those of who who live daily with my experiences the last month or so, and to those of you have it harder, I'm awed by you. I know finding the strength to get through it isn't optional, but it is strength nonetheless.
+Today I had a friend send me 4$ for a frosty because I've always loved them and there's a new limited edition peppermint one. 
+Well it was only four dollars but I decided against treating myself and got a bag of rice to last me the week. 
+
+I feel so guilty that I didn't treat myself like she wanted me to but... it feels like that bag of rice will do me more good than a stupid medium ice cream.
+I recently came into around 70 000 due to a court settlement . I have never had this much money in my life.
+
+The first thing I did was move it into my savings account which has an interest rate of 2.85%pa
+
+However I really want to make the most of it. My idea is to eventually use it as a down payment on a house as I’m currently renting, however with how things are at the moment I have a feeling I’ll be waiting at least a year before I do that.
+
+I’m pretty illiterate when it comes to investing however I’m not irresponsible with money. I never have less than 10k in savings for example. 
+
+What should I be doing for the next year to ensure I make the most of it?
+
+Sorry if this breaks any rules and please remove if it does.
+Edit: Thanks for all the replies! This is becoming very educational. You guys rock!
+
+Leaving out major events like COVID-19, it seems like at least twice a month on average there are rumors or stories circulating about the overall market.
+
+Either there is a fear of a bubble, there's a fear of a correction, there are sell offs, now everyone is worried about bond yields. The market dips 1 percent and everyone starts worrying about a collapse. Then people worry about oil prices. Politics also come into play.
+
+Is it just my perception, or does the fear of the problems cause more movement than the actual problems?
+This is the official $GME Megathread for r/Superstonk. Please keep ALL conversations contained to Gamestop and related topics.
+
+**Not enough karma?** Here's a [**quick guide**](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+# [announcements](https://www.reddit.com/r/Superstonk/wiki/index/announcements)
+
+* Make sure to check the Announcements regularly. Large updates will be made as posts using the [**Red Seal of Stonkiness**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%99%8C%F0%9F%92%8E%20Red%20Seal%20of%20Stonkiness%20%F0%9F%92%8E%F0%9F%99%8C%22) or [**Moderator**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22) flair, but smaller updates will be listed in the Announcements.
+
+## flair links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+|[**Daily Discussions**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DAILY%20%F0%9F%93%8A%20Wrinkle%20Brain%20Think%20Tank%22)|[**DD**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22)|[**Possible DD**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22)|[**Discussion**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22)|[**Question**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Question%20%E2%9D%93%22)|[**Education/Data**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22)|
+|:-|:-|:-|:-|:-|:-|
+|[**News/Media**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22)|[**Mega Threads**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22MEGA%20Thread%20%F0%9F%92%8E%22)|[**Fluff**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Fluff%20%E2%98%81%22&)|[**Meme**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Meme%20%F0%9F%A4%A3%22)|[**HODL**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22HODL%20%F0%9F%92%8E%F0%9F%99%8C%22)|[**Opinion**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Opinion%20%F0%9F%91%BD%22)|
+|[**Art & Writing**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Art%20%26%20Writing%20%F0%9F%8E%A8%22)|[**Stonky Pets**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Stonky%20Pets%20%F0%9F%90%B1%E2%80%8D%F0%9F%91%A4%22)|[**Shitpost**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Shitpost%20%F0%9F%91%BE%22)|[**Superstonk Bot**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%A4%96%20SuperstonkBot%22)|[**AMAs**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22AMA%20%F0%9F%8F%86%22&restrict_sr=1)|[**Moderator**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22)|
+|[**Social Media**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Social%20Media%20%F0%9F%93%B2%F0%9F%A6%9C%22&restrict_sr=1)||||||
+
+# important links
+
+[**SuperstonkBot is now live for anonymous posting**](https://www.reddit.com/r/Superstonk/comments/mtc3rb/superstonkbot_is_live_whistleblowers_welcome/) (with review)
+
+**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)
+
+Please review the [**Superstonk Rules**](https://www.reddit.com/r/Superstonk/wiki/index/rules) before commenting or posting on r/Superstonk.
+
+*Daily discussion threads are created at 4:00 a.m. EDT*
+March 31, 2022 Update: [https://www.reddit.com/r/Superstonk/comments/ttfhe2/update\_on\_institutional\_ownership\_etfs\_and\_funds/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/ttfhe2/update_on_institutional_ownership_etfs_and_funds/?utm_source=share&utm_medium=web2x&context=3)
+
+February 14, 2022 Update: [https://www.reddit.com/r/Superstonk/comments/ssrmfk/institutional\_ownership\_increased\_from\_39\_to\_45/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/ssrmfk/institutional_ownership_increased_from_39_to_45/?utm_source=share&utm_medium=web2x&context=3)
+
+January 22, 2022 Update: [https://www.reddit.com/r/Superstonk/comments/sb20kk/nobodys\_selling\_update\_on\_institutional\_ownership/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/sb20kk/nobodys_selling_update_on_institutional_ownership/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+**Start of this post:**
+
+**TA;DR** According to Bloomberg, institutions have sold off \~4M shares since my last post (18 days ago). Institutional Ownership is now reported at 46.2% (35M) of outstanding shares or 40.73% (26M) of float. Venture capital firms like RC Ventures are considered IO, but are also considered insider shares or "stagnant" shares; hence, the difference of 9M. In other words, **Institutional Ownership is down to 26M**. **Out of the 26M, approximately 15.2M are currently "locked" up in ETFs (6.65M) and Mutual Funds, Index Funds and Pension Funds (8.59M)**.  Presumably, shares in ETFs, mutual funds, index funds and pension funds will need to be maintained to a certain degree going forward. All data used in this post is from 11/6/21.
+
+Please note that the 15.2M shares reported above is significantly lower than what I reported last time (23.5M), but that was an error on my part. I accidentally included MF-AGG (mutual fund aggregates = subtotals) in my last count, which inflated the numbers. I sincerely apologize.
+
+This post is is an update to: [https://www.reddit.com/r/Superstonk/comments/qci4nn/gamestop\_float\_institutional\_ownership\_etfs\_and/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/qci4nn/gamestop_float_institutional_ownership_etfs_and/?utm_source=share&utm_medium=web2x&context=3)
+
+​
+
+[Stagnant Shares = Insiders](https://preview.redd.it/8p6rtnz8u9y71.jpg?width=1091&format=pjpg&auto=webp&s=7fde06bf082d9638ade9d186fba7015dd7108ff9)
+
+[Not sure why Matt Furlong is not reported in Bloomberg](https://preview.redd.it/gu7h9hp1v9y71.png?width=358&format=png&auto=webp&s=f82f57b890455400f4a840d56df1225bf87bc846)
+
+​
+
+[Current IO 40.73% of Float = 26M shares](https://preview.redd.it/vpq1lhiot9y71.jpg?width=520&format=pjpg&auto=webp&s=793cf351458a097e895cf1ecba52a1550b0a2628)
+
+​
+
+[6.65M Shares tied up in ETFs](https://preview.redd.it/03o15sesx9y71.jpg?width=1540&format=pjpg&auto=webp&s=0a0d8a993eb462f4e2818fcd3bd1998bea59ab7e)
+
+There are 125 exchange traded funds (ETFs) that include a total of 6,648,347 shares of GME.
+
+​
+
+[8.59M GME shares in Mutual Funds, Index Funds and Pension Funds](https://preview.redd.it/848bwrvvx9y71.jpg?width=1676&format=pjpg&auto=webp&s=e592176cece0ae662bbbc62a487087ed1c6a929e)
+
+There are 340 mutual funds, index funds and pension funds that hold a total of 8,586,392 GME shares.
+
+As I mentioned in my last post, Institutional Ownership has decreased significantly from May 2021 when it was over 100%. In fact, IO was over 100% for more than ten years before it dropped like a rock in May 2021. Institutional Ownership is now reported at 46.2% (35M) of outstanding shares or 40.73% (26M) of float.
+
+[IO of GME \(%\) for past 6 months](https://preview.redd.it/flvtompyz9y71.jpg?width=1020&format=pjpg&auto=webp&s=dbdaa14dde39ae26e9975c93f01b2ff0fe4449f9)
+
+[IO of GME \(%\) for past 10 years](https://preview.redd.it/4irlepy30ay71.jpg?width=1018&format=pjpg&auto=webp&s=a75976d7cd5068c87695d46a2c68fecf267b0374)
+
+​
+
+**TA;DR** According to Bloomberg, institutions have sold off \~4M shares since my last post (18 days ago). Institutional Ownership is now reported at 46.2% (35M) of outstanding shares or 40.73% (26M) of float. Venture capital firms like RC Ventures are considered IO, but are also considered insider shares or "stagnant" shares; hence, the difference of 9M. In other words, **Institutional Ownership is down to 26M**. **Out of the 26M, approximately 15.2M are currently "locked" up in ETFs (6.65M) and Mutual Funds, Index Funds and Pension Funds (8.59M)**.  Presumably, shares in ETFs, mutual funds, index funds and pension funds will need to be maintained to a certain degree going forward.
+
+This is an update from my last post: [https://www.reddit.com/r/Superstonk/comments/qci4nn/gamestop\_float\_institutional\_ownership\_etfs\_and/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/qci4nn/gamestop_float_institutional_ownership_etfs_and/?utm_source=share&utm_medium=web2x&context=3)
+[https://asia.nikkei.com/Opinion/Hong-Kong-security-law-is-going-to-devastate-its-economy](https://asia.nikkei.com/Opinion/Hong-Kong-security-law-is-going-to-devastate-its-economy)
+
+**Commentary:**
+
+The freedoms given to Hong Kong as a largely autonomous region helped make it a thriving center for international banking and finance. The new national security law is already creating uncertainty and greatly undermines the pillars with which the majority of Hong Kong's status is based upon.
+
+With China effectively choosing the nuclear option by taking direct control of the region, I can't see any way in which Hong Kong will feasibly be able to continue acting as the international mediator of trade it has been for decades between Asia and the rest of the world.
+
+My only guess as to why China would be willing to go so far seems to be that at this point, they've become resigned to having to largely give up on Hong Kong as a continued economic center. I think the final result will have to depend ultimately on whether the US chooses to revoke Hong Kong's special status.
+
+In a scenario where no sanctions are placed, it's possible that Hong Kong might be able to come out of all this in one piece. Given the current trade tensions between the US and China, however, it seems unlikely that nothing will just happen.
+
+**Edit:** It seems like I was right. Announced around thirty minutes ago, [The U.S. has certified that Hong Kong is no longer politically autonomous from China](https://www.bloomberg.com/news/articles/2020-05-27/pompeo-finds-hong-kong-is-no-longer-autonomous-from-china)
+I am reading The Wealth of Nations and Smith makes a case for routes of trade like inland or sea trade. I think I got the idea as to why sea trade is much more efficient (not only because of efficiency, but because it's viable in more places than wagon trade because a ship route has to "support" far less workers than a wagon route). But why is it important to control an entire river route for it's trade to be of import?
+Hi. Ok so I came across that question in an AskSocialScience thread. [https://np.reddit.com/r/AskSocialScience/comments/uj3wcm/is\_free\_trade\_really\_the\_only\_proven\_anti\_poverty/](https://np.reddit.com/r/AskSocialScience/comments/uj3wcm/is_free_trade_really_the_only_proven_anti_poverty/) I was surprised to find the top approved comment claiming that " **there is no real evidence that free trade is, in any form, an anti poverty policy. "**
+
+The top comment continues by claiming that "extractive economies"(US, Europe) doing free trade with poorer economies may have caused the reduction in global poverty to have "been *inhibited* rather than *caused by* Free Trade." 
+
+I assume they mean that without globalization and trade liberalization, developing countries would be richer. How? Someone replied with the REN FAQ and they said the FAQ does not prove that free trade benefits developing economies. 
+
+How accurate are these claims? Their only citation was this [https://www.mdpi.com/2071-1050/9/7/1047/htm](https://www.mdpi.com/2071-1050/9/7/1047/htm). I do not know what that paper is saying. 
+
+I am not well-versed in economics but I thought this paper showed that trade is proven to be an anti poverty policy. [http://www2.hawaii.edu/\~noy/362texts/Winters-poverty.pdf](http://www2.hawaii.edu/~noy/362texts/Winters-poverty.pdf)
+https://www.forbes.com/sites/jeffreydorfman/2014/06/05/10-essential-economic-truths-liberals-need-to-learn/
+
+A lot of the stuff in here seems really stupid, but the author is a professor of economics. Someone help me out please.
+I think almost everyone is aware that China has very anti-competitive behaviour and much of the international political deal with them from the West are aimed at reducing intellectual property theft (it doesn't take a genius to realise that most BMW and Mercedes cars in China are, in fact, not). A lot of people also see this daily on websites such as Amazon, where especially small businesses (most recently I saw a new mouse trap design of all things from a small YouTuber), have their ideas stolen, copied and are driven out of business by cheaper Chinese suppliers.
+
+My question is how much of an impact does this actually have? I have heard both sides, that it accounts for basically all of mainland China's current growth cycle, and also that it is infantisimal compared to their "real" growth. Which side does the balance of facts fall to?
+Credit card debt has reached record highs. Who's holding that debt? Is it the banks that issue the cards - or do they package it up into Collateralized Credit Card Obligations - or what?
+In the recent financial crisis, these banks were referred to as "too big to fail." What does that mean? 
+
+Edit: Thanks for explaining so clearly everyone! 
+
+
+These new clean energy ETFs, which looked solid to my untrained eye, are down roughly 20% since their recent debut. Anyone else caught in this? Concerned? Buying more?
+I've had a small position in REI.UN \(Riocan\) for the last year or so. Should i sell my REI.UN position before the next expected interest rake hike in July, then double down and get more? Any other REITs you guys think would fare well in a rising\-interest rate environment? Also considering NWH.UN
+This is a bit of a cautionary tale, but it's worth repeating.
+
+About a year ago, I sold my car, which was still under a 4 year loan from a local bank, for about $4,000 less than the loan's remaining balance.  I had spoken to a loan officer at the bank about the balance of payments upon sale, which would be wrapped up into a personal loan once the sale was finalized.
+
+Fast forward three months, I still haven't received documentation from the bank and I'm concerned.  I call the bank and they informed me that they had apparently sent three letters to my home, which I hadn't received.  Since I hadn't replied to the letters, they now held the loan in default and were demanding immediate payment of the remaining $4,000.  Not having those funds available to me, I asked for a repayment plan similar to the personal loan and they said they would get back to me by the end of the week.
+
+The following week, I receive a letter via Certified Mail from a law firm representing the bank, which was informing me that they were now representing the bank and were going to pursue collection actions.  The following business day, I receive a barrage of phone calls on my personal and work cell phones, in addition to them calling my place of business.  Knowing my rights, I reminded the debt collector that his incessant calls could be construed as harassment and any further unsolicited calls to my work phones would be followed-up by legal action.
+
+After a brief chat with the collector, I said that I would respond via mail to his request and the following day I sent a letter along the lines of this [template](http://www.creditinfocenter.com/forms/sampleletter9.shtml).  After that, I did not hear back for months.
+
+In May of 2015, I receive letter from another law firm stating that they were now representing the bank in this matter and would be pursuing collection actions.  I send the same debt verification letter to this new law firm and don't hear back for about a month.
+
+Yesterday, I receive a letter from the law firm stating that they had received my verification request and upon conferring with the bank would adjust their records to reflect a **ZERO** dollar balance and would not pursue further collection actions against me.  It seems that the previous law firm had bungled a few of the accounts and the paper trail would be non-existent, therefore impossible to verify.  Months of anxiety about this debt and the interest it was accruing vanished with the stroke of a pen.
+
+TL;DR: Always send a verification request, even if you know you owe the debt.
+
+EDIT: Wow!  Lots of reactions from praise to scorn.  Figured I should clarify some things:
+
+- In the months following the car sale, I made several attempts to gather information for the unsecured personal loan from the bank but was never given follow-up information or help as to creating an account with the bank, which would've been required for the loan account.  It was a small bank in my area that had only a handful of locations, far away from transit (needed since I sold the car).  Work is pretty hectic and the bank branches were only open certain hours.  I didn't just let it fall by the wayside.
+
+- And to those saying I "should've just paid the debt" you sound like bloody debt collectors by day.  If it's a legitimate creditor asking for payment you should seek to pay off the debt, but if it's someone else collecting the debt **ALWAYS** ask for verification.  
+Look, I want this to happen just as much as anyone. I have a shitty job that I hate and some kids that would really benefit from having their parents around more and not out working. However....think of the fallout that it would cause if the entire financial system was turned upside down right now. 
+
+Do you think RC or anyone else at Gamestop want the blood of the "Christmas Spirit" on their hands? Millions of families tossed into turmoil, trying to figure out what the hell is going on with all their finances/retirement/futures?
+
+I'm perfectly okay with waiting until after this holiday season to kick off the new year with some amazing moonshots. Hell, we may get some more of us over the threshold of long term capital gains tax!
+
+
+Let's all just chill, have a nice holiday with our stupid loved ones, and blast off in couple weeks! 
+
+
+Okay?
+
+
+
+
+
+
+
+
+
+
+*Edit: so a lot of you are getting pretty heated about this post. The message has always been the same: Buy. Hold. DRS.
+
+Its okay to feel frustrated, but the anger im seeing out here isn't healthy. This company exists just as that, a company. This isn't a means for YOUR wealth. If you believe in the company and trust those at the helm, then what's the problem?
+Your opportunity to make a real difference! Devs are fully transparent and are really looking to make social impact.
+
+🤝A small percentage of every transaction of GAPT will be sent to the donation wallet, and every month those funds will be released to a donation of YOUR choice. 🤝
+
+🏔Big or small🐣, the kind of organization or people GAPT helps is for you to decide. Remove the floating island of trash in the ocean🏝? Want to donate to homeless guinea pigs🐹? It's up to you.
+
+To make sure there's a real trust between the investors and the development team, everything is going to be 100% transparent.
+
+Why GAPT?
+🔎The developers are doxxed, and expenses (legal, market listings, audit, etc) will come with receipts.🔍
+
+  🔥  • DEV DOXXED: https://www.youtube.com/watch?v=6Up-8-lzS9E
+ 🔥   •  ANOTHER DEV DOXXED and a thank you!: https://streamable.com/h4pxoj
+
+💎The team is doing everything in their power to ensure the long-term potential of the project, starting with preventing bots, whales, and other tampering's.💎
+
+    • Locked liquidity, starting with a 10-year locked LP.
+    • The latest word in smart contract development.
+
+🌎It's nice to help the world, but we all want to get something in return.💍
+
+    • Along with a monthly charity, GAPTs plans future DApp development for a Lottery for the holders.
+The team has big plans, and the roadmap for 2021 is full of interesting developments, starting with maximizing the value of $GAPT for its holders.
+
+👇 PancakeSwap buy link: 
+
+https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x63a4644142CA6dc83CfE0E2bdba8d62174491fD8
+
+📈 Chart: 
+
+http://poocoin.app/tokens/0x63a4644142CA6dc83CfE0E2bdba8d62174491fD8
+
+
+📄Contract : https://bscscan.com/address/0x63a4644142ca6dc83cfe0e2bdba8d62174491fd8#code📄
+
+Website: https://gapt.io
+Telegram: https://t.me/GAPTChat
+for the hysterical, the uncertain and the depressed chart watchers, here's stuff i watch to keep me sane and grounded:
+
+
+1. Price has diverted significantly from transaction count, which has held stable at around 600k.  Network seems pretty healthy right now following the big hiccups w/ fees in June/July.  Price eventually readjusts upward to follow actual network usage.  (See October 2016 thru December 2016).
+ (https://coinmetrics.io/charts/#assets=eth_left=txCount_right=price_zoom=1466221518367.347,1547489946122.449)
+
+
+2.  Avg fees have decreased to stable lows for 2018, and Constantinople fork will add some efficiencies to fees.  Low fees encourage more network usage, which is good for the price.
+https://coinmetrics.io/charts/#assets=eth_left=txCount_right=averageFeeUsd_zoom=1466221518367.347,1547489946122.449
+
+
+3.  Kalichkin's NVT ratio for ETH and BTC are crossing with ETH headed downward (you want a lower value).  https://coinmetrics.io/charts/#assets=btc,eth_left=NVT.true_zoom=1369872000000,1523145600000
+ You can read about this metric more here --> https://medium.com/cryptolab/https-medium-com-kalichkin-rethinking-nvt-ratio-2cf810df0ab0
+
+
+4.  BTC Dominance chart has begun its bear div on the dominance cycle.  This happens literally every dominance cycle, and means that BTC has a little more up in dominance but will soon flatten out and retrace heavily - likely returning to 33-35%.  This will take several months, likely completing in Q1 2019.  What does that mean for USD prices?  EDIT: I'm getting slain on my analysis here.  But I'l leave it at this... I'm pretty certain there will be alts to hedge the BTC downtrend.  If anything, fiat is a lot safer escape right now than BTC in my opinion.
+
+
+5.  The altcoin marketcap is starting to form a bull div on its bottom at 92 billion.  It would take a massive selloff to invalidate the div.  What's the div mean?  At the very least, a relief rally or a bull trap for alts. Probably not a renewed massive bull cycle (not right now, sorry permabulls).  These movements are a great opportunity to de-risk. I personally will de-risk to fiat on any big spikes given my comments earlier.
+
+
+6.  ALTS / BTC ratio is also forming a massive bull div in its bottom and is hugging its cyclical % lows.
+
+
+7.  The aforementioned macro charts are done on coinsignals.trade
+
+
+8.  What happens when the smoke clears in 2019?  Probably lots of fake outs and sideways action.  Try not to lose your mind and your valuable positions as things level off.  This is where people get burned the hardest.  Sudden price rise, and you have to fomo in to not miss the next big possible bull run, only to have it whipsaw downward in a flat range.  Use this range to DCA in if you're in fiat, or DCA out if you're over-invested.  This is the range when the big guys really build their positions for the next cycle - don't be their tool.  
+
+
+Lastly, USD price may suffer further, but we're really almost through the bad stuff.  ETH to zero?  C'mon man....
+
+EDIT: I sincerely appreciate the counter arguments here.  I probably should spend more time on drafting posts like these to make them more waterproof =P. 
+
+
+
+
+
+
+
+
+I am absolutely livid.
+
+
+Instead of cancelling a fraudulent order immediately, I had to file a case and wait 2 WEEKS for them to look at it. By then, of course, the package had already shipped and arrived so they’re saying it was delivered and are refusing a refund. I have the address it was shipped to and it’s in OHIO. I’m in Utah. I’ve contacted my Bank who have refunded the money and are looking into it but this is so ridiculous. Is there anything else I can do?
+Background: My health insurance's vision plan sets a flat amount ($450 in my case) that can be used on all vision related expenses (Dr. visits, contacts/lenses, frames) for a plan year. Because of this, I was calling around to ask the rates of a regular eye exam to maximize the amount of money remaining for new contacts. One place I called said they charge more for patients with insurance. I've heard of negotiated rates that insurance companies make with Doctors, but this is almost like the opposite! Instead of a reduced price, the price doubles! Why would the insurance company allow themselves to be billed almost twice the normal cost?
+
+For reference, I called some other Eye Doctors and their rates were around $230, so $350 is definitely on the high end.
+Considering Think or Swim, ETrade’s platform, or Fidelity Active Trader Pro.  One thing to consider is the PC.  I heard some of these programs don’t run well on a Mac.  Perhaps to have the fastest/smoothest operation it would be better to go with a Windows based PC.  
+
+Looking for feedback as to best software/PC combinations.  Thank you.
+So I’m relatively new to trading alt coins. I don’t have a lot of spare money to do so. I got a tip that a certain coin might pop off in the near future, so I wanted to invest.
+
+I did the typical MetaMask ETH buy -> Swap for the coin.
+
+I thought I could toss $100 into it as a small bag to watch. Gas fees for this? $200! 
+
+Maybe I’m missing something, but how are you supposed to be able to afford to swap coins with gas fees like this? Is there a cheaper way of doing it that I’m missing? There’s no point of spending $300 to invest $100.
+
+Edit: It was recommended I add what coin I’m talking about, it’s $COMFI
+Hello my dear r/personalfinance redditors,
+
+First of all, I know that this is a big luxury problem and I am well aware of the privileged position we find ourselves in. Nevertheless, I would be grateful for serious comments with assessments from your side. Also, I'm German, living in Germany, where the houses are standing as well.
+
+Inherited a semi-detached house together with a family member, built in 2020 for 4 million euros including land costs etc. Of this 1 million equity, 1 million loan 0.5% the first 10 years fixed rate and 2 million euro euribor loan with first adjustment in March '23.
+
+The houses were value investments, the rental income would be about 250,000 euros gross per year.
+Currently only the one house is rented, the tenants are very demanding, which is probably more than understandable with such a rent - but still can be very exhausting. In the other house, we are currently afraid of renting, because we are afraid of rent defaults - and thus expensive rent nomads. Apparently in the price range in the area it has happened more than once, because, for example, entrepreneurs went bankrupt and could no longer afford the rent.
+
+Throughout the pandemic, the houses had an increase in value of about 1.5-2 million euros.
+
+There is no prepayment penalty for the loans. We still have liquid assets totaling about 1.5 million euros. With this, we could make a large unscheduled repayment, for example, should the euribor-linked loan interest rate - our main concern - go up sharply.
+
+At the moment our net income is around 10,000€/month in total. The people who can thus pay the rents in "our" houses on a monthly basis are in a different league financially, at least as far as the monthly cash flow is concerned.
+
+For us, there are two options:
+
+A. We sell the houses, settle the loans, come out with maybe 2.5 million gross after settling the loans. Of this, about 700,000 € speculation tax must be paid (which would be omitted from 2030 after the expiry of the deadline), the remaining 1.8 million we divide by two, buy from it perhaps apartment with less rent default risk because higher diversification and rejoice in the money we have been awarded.
+
+B. We look for a tenant for the other house, use all the rental income to pay off the loan and build up reserves. If the euribor loan becomes too expensive for us, we take our own money to bring it down by unscheduled repayment.
+This variant brings us the advantages of no speculation tax, if we hold the object still a few years as well as a very high rent yield (250.000/4.000.000, over 6%) opposite the purchase price. Also, as new construction, the houses don't seem to have too high costs over the next few years (feel free to correct me if I'm wrong).
+
+Now for my questions, are we missing something? Is the math too simplistic? What would you guys do in such an exceptional situation?
+
+Are grateful for any advice, any opinion.
+Wanted to get some thoughts on my current situation and maybe answer questions for other first time home buyers.
+
+As a first time owner, I bought a SFH in summer of 2020 for 200k with the intention of getting my feet wet in real estate and learning what it takes to own and fix a home. I lived in it for a year and spent $75k in updates and repairs.  Career opportunity arose that has led me to renting it out. Currently getting $2050/month in rent with mortgage, insurance, taxes, and monthly expenses at $1250. This feels great but wanted to get other opinions. What should I be planning for as a landlord and what kind of expenses should I be setting aside for repairs or updates?
+
+​
+
+For those interested, some additional information about my experience.
+
+* Home is 1930s and I bought it from an older single woman.  I searched for a worn-out home in a nicer neighborhood and used Zillows search feature on sold homes within last week, month, 3 months, 6 months, and year to get an idea of market rates in the area for what an ARV would be.  I did a home inspection and also did a septic system inspection.  Septic system needed a full replacement and home inspection didn't reveal anything that wasn't immediately obvious.  I looked up all the homes in the area and pulled permits for those to determine price on some of the larger items as well as Google to get a range of costs and used the middle value to determine offer price.  Shoutout to u/nomowo for putting my estimates in a table in the comments below. Goal of purchasing was for the experience and learning so I wasn't as concerned with using the higher estimated values for offers.
+* I spent the year doing fixes and updates.  Did as many things as I could myself until I had to move and used companies for the larger ticket items.  I paid for septic system, complete electrical rewire (house had ungrounded two prong outlets, federal pacific panel, and a cloth wiring), interior/exterior painting, floor refinishing, and roof.  I completed kitchen remodel, updating fixtures, laying tile, and landscaping. YouTube has enough information to complete any project you could ever want to do.  Just make sure to watch enough videos and read the comments so you know which are crap and which are good.
+* See post from u/nomowo for easy viewing of breakdown.  Total spend was $73k.  Comparing estimated vs actual you can see I omitted some projects and didn't do some others.  I can in pretty close to the middle estimated cost so am overall happy.  If I were to do it again knowing I would rent from the start I would have done some things different.  I sodded the lawn and would seed it next time.  I purchased new appliances and would use Facebook Marketplace.  If you're patient enough you can get some pretty incredible deals. I got a complete kitchen cabinet set for free that were 3" too tall for my room.  I ended up selling them for $800.  Plenty of deals on appliances, furniture, patio sets, etc.  I got several pieces of furniture, patio sets, fire pit, and grills all for free that I resold later.
+
+|Total|\*\*\*$73,223.10\*\*\*|
+
+​
+
+* I used [apartments.com](https://apartments.com) to rent the home and have mixed reviews about it.  It was pretty intuitive to use and straightforward.  I decided on this site because of it's background checks and ability to manage payments and track expenses.  I posted a for rent sign in my yard and got \~10 interested people within a day.  I didn't need to use [apartments.com](https://apartments.com) for tenants because they all came from my yard sign.  I did have the tenant apply and sign up through [apartments.com](https://apartments.com) because I want to test its functionality in case I get more properties later.  I used their lease generation and was not impressed with it.  You answer several questions and input the lease duration and amounts which they populate into their standard template.  Some of the questions they asked, such as is smoking allowed, didn't even get added into the lease.  There is an option to add addendums and special circumstances so make sure you review the lease before you send to renters and update if needed.
+
+Happy to answer any questions anyone has and get your feedback on my experience.
+
+​
+
+Edit: Thanks for the comments!  I removed the tables for ease of viewing.  To address some of the comments and questions.  I went into this with the expectation to have a learning experience as a first time home buyer on a (relatively speaking) cheap home and break even.  Goal was to better prepare myself for my next home and get better at the process, assuming a more expensive home is in my future.  
+
+Now that I'm hooked on real estate, I'd like to learn where I can make better decisions to make a profit.  What are good ranges for CoC, cash flow, and cap rate in the current market?  Is one a better metric than others when evaluation real estate investments?  I'm looking to do more buy and rent compared to flip. 
+
+ARV is around $300k. If i were to go into this with the assumption of renting, I would certainly do different things.  I could have eliminated most of the interior costs by just not refinishing floors and doing interior painting myself.  Appliances could have been bought used instead of new stainless steel and saved \~3k. With the exception of tree trimming since they were overgrown and touching the roof, I could eliminate nearly all landscaping costs. Now that I have the equipment, that would also remove a good chunk.  I believe the other updates were needed based on the condition they were in. This would bring down costs to \~$50k.  How would this impact the analysis?
+
+​
+ 
+
+[This is the official $GME Megathread for r\/Superstonk.](https://preview.redd.it/gzy9yfftoov71.png?width=778&format=png&auto=webp&s=7ce125aa2d7455f994d74a4192f1a04b7d14448c)
+
+**Please keep ALL conversations contained to Gamestop and directly related topics.**
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Brand new to the sub? Start here!
+
+***You must read the*** [***Superstonk Rules***](https://www.reddit.com/r/Superstonk/wiki/index/rules) ***before commenting or posting on*** [***r/Superstonk***](https://www.reddit.com/r/Superstonk/)*.*
+
+https://preview.redd.it/u7nzd0m0pov71.png?width=1651&format=png&auto=webp&s=df5232178c4035ba1c069f9306b30453b42946cd
+
+The extremely talented and dedicated [u/zedinstead](https://www.reddit.com/u/zedinstead/) has created this beautiful collection of the most important, groundbreaking **D**ue **D**iligence in PDF format that can be easily accessed and shared. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade-- then this is for you:
+
+# [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+[r/Superstonk](https://www.reddit.com/r/Superstonk/) employs strict posting requirements to ensure our community stays moderately free from trolls and other such bad actors. As such you may find you have trouble posting if you haven't fully read and understood our rules.
+
+**Posts keep getting removed?** [Find out why.](https://www.reddit.com/r/Superstonk/wiki/index/rules)
+
+**Not enough** [**karma**](https://www.reddithelp.com/hc/en-us/articles/204511829-What-is-karma-)**?** Here's a [quick guide](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+**Want to learn more?** [Check out our extensive Wiki](https://www.reddit.com/r/Superstonk/wiki/index) and [FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq)
+
+**Eager for more even more GameStop info?** [gmedd.com](https://gmedd.com/) is a spectacular resource.
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+# Flair Links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[📚 Due Diligence](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Due%20Diligence%22) | [📚 Possible DD](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%9A%20Possible%20DD%22) | [📈 Technical Analysis](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%88%20Technical%20Analysis%22) | [🤔 Speculation / Opinion](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%94%20Speculation%20%2F%20Opinion%22) | [💻 Computershare](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%BB%20Computershare%22) | [💡 Education](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%92%A1%20Education%22) | [📰 News](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B0%20News%22) | [🤡 Meme](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%A4%A1%20Meme%22) | [👽 Shitpost](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%91%BD%20Shitpost%22) |[📳Social Media](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%F0%9F%93%B3Social%20Media%22) | [☁ Hype fluff](https://www.reddit.com/r/Superstonk/?f=flair_name%3A%22%E2%98%81%20Hype%2F%20Fluff%22)
+
+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
+
+***What's This Post All About?***
+
+The first thing you'll notice is a stickied comment right at the top. We call this the "Front Desk". Every day a moderator will create a new sticky comment that includes links to community announcements, fantastic posts that deserve more attention, and generally the simplest and easiest way to interact with the moderators of this community. The rest of the post is designed for general discussion and content/questions that might not need their own post.
+
+If you are new please mention that when you comment. There are no stupid questions but "shills" (paid accounts with the intent to disrupt the sub) are real. This community sees a lot of trolls. If you do not distinguish yourself as someone with genuine questions it is likely that members of our community will assume you are just spreading "FUD" (Fear, Uncertainty, and Doubt). I hate that I have to give you this warning but it is just the nature of the beast at this point.
+
+Please have fun, play nice and be civil. Many of our rules are heavily enforced. Debate is welcome but if it devolves into personal insults please report the comment. *Ape no fight ape!*
+Every financial crisis is exactly the same. Investors figure out a fun new way to make money, lever up their investments, convince dumber investors and businesses to buy in, lever up some more, spread the risk around the entire financial system, and ride the wave up until it crests and crashes.
+
+* In the Panic of 1819, "wildcat" banks out west converted funding from the US bank (central bank at the time) into their own leveraged currency and handed out unsecured loans to land developers. Much of the land turned out to be worthless, and the banks went under, dragging down the US bank and US economy with them.
+
+* The Panic of 1837 was similar, except that east-coast banks handed out money to any and every cotton farmer in exchange for a profit split. When the cotton market crashed, so did the banks.
+
+* The next capital-P Panic, this one in 1857, was set off when the thousands of miles of tracks promised by mid-19th century-railroad startups stalled out in the construction phase. The implosion among investors reverberated through the entire economy.
+
+* Then there was the Really Big One -- the Crash of 1929 preceding the Great Depression. Investors in the 1920s were absolutely out of their minds. They dished out easy money like candy in every direction and in every industry -- materials, construction, retail, automobiles, railroads -- believing that the good times of profitable plays and high returns would never end. This is when the semiotics of the stock market began to shift: investors started putting their faith in the rise of the DOW like it was a Newtonian law, without regard to what it stood for or the investments underneath. When those investments turned sour, the bubble grew larger before it finally popped.
+
+* Skipping ahead to 1987's Black Monday, we have investors so high on their own supply that they truly believe financial wizardry will save them from any downturn. In this early era of computers, traders started using smooth-brained algorithms to hedge their portfolios. Since the robots were protecting us, it was totally fine to lever up and throw money at anything that promised above-market returns. Because the algorithms will surely warn us before we head off the cliff, right? Nah. Stocks dove and brokerages faced margin calls that wiped away their balance sheets. Oops.
+
+* Reagan-Bush economic philosophy is perfectly captured by the Savings & Loan Crisis. S&Ls were like banks, only without any oversight whatsoever and lots of accounting gimmicks to make them look *not* insolvent. The clarion call for credit lines by unimaginably shitty businesses was heroically answered by S&Ls across the nation. They doled out loans to just about anyone who asked for them at high interest rates and then cooked their books to make it look like they had plenty of working capital and a steady stream of investment income. Some of that income actually came from completely unrelated investments bought on margin, purportedly to hedge against credit risks. Like a mobius strip, the margin for those investments was backed by the loan obligations from the shitty companies they invested in. Just utter shit all the way down. The whole thing blew up in the early 1990s.
+
+* We didn't learn our lesson because we never do, which brings us to the Dot Com Bubble. Technology got shinier in the 1990s, and the investor class became ever-more transfixed by it. Imagine. The year is 1999. Dial-up speeds can load a gif in about one minute. You think you can start an e-commerce grocery delivery business on this platform, and investors are like, oh yeah man, fuck yeah, take my money! And even though you've reported less than $400K in total revenue, Goldman Sachs underwrites your IPO for a $5 billion valuation. (Goldman is shorting the shit out of you on the other side of their "Chinese wall.") The fiasco was fueled by Y2K-induced magical thinking by boomer investors placing highly leveraged bets on every empty LLC with "dot-com" in its name, and delusional boomer management in tech, media, and telecom (and everywhere else) going deep into debt to finance insane business plans reliant on internet connections that still made phone beeping noises.
+
+* Next is a story we know: the 2007-2008 Global Financial Crisis. Let's extend insane amounts of credit to anyone with a pulse, bundle up the worthless contracts, stamp AAA on top, sell it to shit-tier mutual funds, borrow against it to take out massive amounts of insurance on it, take out even more insurance on it to bet against it because hey why the fuck not, and then let the perpetual free money machine do its thing. Use the perpetual free money machine to lever up investments everywhere else. Use those levered investments to make more levered investments. Call yourself CFO of Lehman Brothers.
+
+I have no doubt that the illustrious investor class has continued to fuck around over the last decade to build up yet another unsustainable house-of-cards shit-bubble. And now that stocks are tanking, economic activity is screeching to a halt, bond yields are plummeting, and fed rates are reaching zero, it's only a matter of time before the first dominoes start to fall.
+
+But a market bubble implosion is also an opportunity for tremendous gains. Think John Paulson shorting the ever-loving fuck out of the housing market before the subprime mortgage crisis and reaping $4 billion. The only problem is that real bubbles are very hard to spot, even if they are obvious in retrospect. Finance has become so convoluted that everything can look like a bubble if you stare at it for long enough.
+
+So here are some ideas for where the bubble may be lurking. I'll add any other credible hypotheses to this list if the post gains interest.
+
+**1.** **Corporate loans**
+
+Low interest rates during the last 10 years have prompted businesses to borrow money with abandon. On the other side of the equation, investors seeking above-market returns have been dishing out these loans like candy. Rising tides across the economy have convinced businesses and investors alike that the risk of these loans going south are immaterial. Reminiscent of the S&L crisis, many of these loans have been given to businesses with little collateral, low liquidity, and tenuous cash flow. If these businesses cease to operate, they will quickly become insolvent, investors will realize huge losses on their loan portfolios, and insurance payouts will balloon.
+
+Per the Fed, corporate debt & loan liabilities have skyrocketed in recent years:  [https://fred.stlouisfed.org/series/TCMILBSNNCB](https://fred.stlouisfed.org/series/TCMILBSNNCB) 
+
+Same with bonds, which will face the same problem as loans:  [https://fred.stlouisfed.org/series/CBLBSNNCB](https://fred.stlouisfed.org/series/CBLBSNNCB) 
+
+"Other loans and advances" and "miscellaneous liabilities" (very mysterious) have boomed:
+
+ [https://fred.stlouisfed.org/series/OLALBSNNCB](https://fred.stlouisfed.org/series/OLALBSNNCB) 
+
+ [https://fred.stlouisfed.org/series/MLLBSNNCB](https://fred.stlouisfed.org/series/MLLBSNNCB) 
+
+I think this is the most likely origin of a potential market collapse. Market, bond, and loan values are dependent on the uninterrupted function of cash-poor businesses. If any of these are serving as collateral for other investments, or as the foundation for securitized products, then the crash could be spectacular.
+
+**2. Shadow banking**
+
+Following the financial crisis, Congress put a muzzle on the world's biggest banks through tougher capital and liquidity requirements. They were forced to delever their balance sheets, unwind from risky investments, and toughen their lending requirements. This didn't stop the demand for risk, though, which moved into the "shadow banking" sector. Investment firms like Blackstone, Blackrock, KKR, and Bridgewater and smaller investment banks like Moelis, Houlihan, and Jeffries picked up where JP Morgan and Goldman Sachs left off. We can assume they have loaded up on leverage to purchase what were considered low-risk assets amid low interest rates and broadly appreciating markets. The extent to which they can de-lever without blowing up their balance sheets will determine whether they sink or swim. If they sink, the repercussions will be broad and start to impact the TBTF banks that were supposed to be reined in by financial crisis-era regulations. We can also assume, to some degree at least, that firms like Goldman and Morgan Stanley, which do not have large consumer lending & banking businesses, were able to creatively skirt regulatory requirements and load up on riskier assets. Goldman's latest 10K shows that the firm has up to 70% of its credit portfolio in non-investment grade or distressed corporate loans (see #1 above). That's going to be a problem.
+
+**3. Leveraged real estate**
+
+A major part of the 2008 financial crisis was the implosion of the subprime mortgage market. A decade later, there has been a major shift away from home ownership and toward rental properties. But subprime mortgages have also started to creep back up, with longer terms and higher interest rates. Rental income & long-term mortgage payments are presumably safer for investors than the types of agreements we saw leading up to 2008, but that logic implodes when they're propped up by leverage, securitized into new investment products, and under-girded by rental and mortgage contract terms that consumers are unable to meet. We know that there is a lot of leverage in this sector -- investment firms attest to as much -- and depending on the extent of that leverage, the end result could be a disaster.
+
+Those are my initial musings. Still thinking through potential positions. I think Blackstone & Morgan Stanley could be left holding the bag if the system implodes. Urban-focused REITs could be in major trouble. And businesses with high levels of short-term liabilities in the form of leveraged loans and bonds could start to fold.
+
+**4. Consumer credit** *(added 3/21)*
+
+After the subprime mortgage bubble popped, lending standards in the housing market became more restrictive (at least, they did at first). But as the economy recovered, investors looked for other ways to extend credit to consumers in an era of low interest rates and below-average returns. You may have seen the advertisements -- $0 down and 0% APR for X number of years if you clear the lowest bar of underwriting standards, for credit cars, auto loans, and yes, eventually mortgages once again. The result has been a run-up in total consumer credit levels, topping $4 trillion in credit liabilities. These cash-flows have been leveraged and spun up into $16 trillion in debt securities & loans among the investor class:
+
+https://fred.stlouisfed.org/series/HCCSDODNS
+
+https://fred.stlouisfed.org/series/CMDEBT
+
+Auto loans have peaked: https://fred.stlouisfed.org/series/MVLOAS
+
+Residential mortgages are back to 2007 levels, right before the last bubble burst: https://fred.stlouisfed.org/series/HHMSDODNS
+
+And starting in 2015, delinquencies among consumer loans have crept up to the highest level they've been outside of a recession: https://fred.stlouisfed.org/series/DALLCCACBEP
+
+The bubble here is easy to spot: consumers are already over-extended, and their credit lines / loan agreements have been securitized and shared across the financial sector. Delinquencies had been rising before the current crisis. You can imagine how dire things will get once folks who were barely able to scrape together an interest payment last month have literally $0 in income to their name for the next few months (at least). The devaluing of these credit portfolios will bring heavily exposed investors to their knees, and the pain will spread to any other organizations they have a stake in.
+
+**TL;DR No tldr fuck you learn how to read**
+New year’s resolutions come in two forms: losing body fat or building capital. 
+
+What are your top personal finance resolutions for 2022? Are your investments a mess? Are you drowning in debt? Embarrassed that you still don’t know the difference between an ISA, LISA and SIPP? Worried that your pension plan might have you working until you’re 80?
+
+Personally, I’m thinking of selling all my stocks and buying Bitcoin… just kidding. But you get the idea. 
+
+Let’s use this space to gather the most common concerns and help each other get off the the best start to 2022.
+When I was deep in poverty and struggling, there was nothing available regarding a safety net since most social services in the state I was in (Texas) required that you had dependent children. Thus, I ended up homeless as a result. And I always fear it might happen again.
+So i sold a bag online (it was authentic) and the buyer has received it and is claiming that it’s fake, but i know it’s not. I have a feeling he’s just trying to scam me. So he opened a paypal dispute and i responded with the offer of a full refund in return for the item - so he will get his full refund when i get the bag back. Paypal is holding the money so there’s no risk. 
+
+He was asking me to refund him outside of paypal too. Which is a definite no go as i have no cover then. 
+
+But instead of accepting this offer (which anyone normal would) he took it further to claim, where he doesn’t have to return the item and paypal will give him his money back. Is there any way of me not taking an L here? I am going to loose the £70 and the bag itself. I have done nothing wrong and i know paypal side with the buyer 99.999% of the time. 
+
+What options do I have? Have i just lost out?
+I've been seeing an uptick in content related to a particular member of the DTCC and citadel and some explicit statements this this person may have axed DTC-2021-005, or at least had the ability to. 
+
+This isn't FUD or a shill-speak, but I urge this community caution. 
+
+I want DTC-2021-005 approved and in force helping weigh our side of the scale as much as the next ape, but naming specific people and accusing them of illegal/unethical/potentially illegal actions without proof is not what we do here. Bring proof, bring DD, bring heat and transparency and the full force of our collective investigative efforts. But don't invite a libel action. 
+
+My two cents. See you all on the moon!
+Well just some thoughts:
+
+- Tax season is over, hopefully all the exchanges and the people who got rich last year cashed out by now
+- ICO‘s cashed out most of their cryptos they received and they don‘t get their hard caps that easy anymore, i.e the craze is less now than a year ago
+- Bullshit ICO‘s like Telegram which are raising insane amounts of money (Telegram alone ~2.4bn USD) are collecting it with Fiat only, so they don‘t have precious ETH to dump
+- Big family offices and hedge funds still entering the crypto space
+- Pension funds, insurances and banks are going to start investing in the new crypto asset class in this year, pushing up prices significantly
+- There are more and more certificates coming out from several financial firms, lowering the barriers to entry for people who don‘t have the time to register with a cryptobroker or an exchange themselves
+- Ethereum is just awesome, Casper coming with an interesting incentive structure to stake ETH
+- Much more...
+
+
+What are your thoughts on why we are going to moon thus year?
+I bought 2,000 ETH at the ICO for ~$550. I missed out on BTC's rise and thought, "This is enough to make me a millionaire one day--if ETH goes the way of BTC." 
+
+Wanting to pay off some debt, I sold them in December of 2015 for ~$1.00 each, thinking i could buy back in a few months for about the same price.
+
+Over the course of the next year, envying the rise to $15 (and then $20) I desired to get my original 2k ETH back. I cashed out my remaining bitcoin as the price began to surge in early 2016, and acquired ~700 ETH by January 2017. 
+
+Impatient, I wanted to meet my goal faster so I tried to hop on the ICO P&D train to try to collect more ETH. I had gone through the DAOsaster and now saw the price bobbing between $7 and $10 for months. I made a big bet and got burned. As ETH rose to $12 and $13, I thought "correction soon. Relax." As it heads to $20 and $25, I thought the same. When it hit $30 i thought "unbelievable, but finally stable. Correction soon." In two days it hit $50, and now here we are, flirting with $100 back and forth.
+
+Have I lost money? No. I'm in the green--and thankful for it. I have a nice-sized portfolio, but I can take no joy from it. Had i just forgotten about my ETH in the first place, my portfolio would be daily swinging between $180 - $200k...a far cry from where it is right now.  I am teased by "what I could have had."
+
+Since I got into Bitcoin in late 2013, I have heard the mantra of "never invest more than you can afford to lose." But how do you figure out what that is? After all, I could lose it all and I still wouldn't be homeless. It would just be exhausting.
+
+The recent months have taught me that, with crypto, what you can "afford to lose" is the same as what you can "afford to forget about." Lock it up for a couple years, forget the price, and be surprised when you take another look at your portfolio. It keeps you from trading, FOMOing, panic selling, and obsessively checking the price.
+
+I began trading to reclaim my original 2k ETH stash. It was fear of missing out. And do you know what FOMO made me do? It made me miss out. Twice.
+
+This is crypto. Stake your position and forget about it. Don't invest more than you can afford to forget.
+
+If it's a sum you can't forget about--it might be just too much.
+
+Just some food for thought.
+So obviously things are going great right now, and I think they will continue to do great over the next few years. But when I hear people envisioning their early retirement or being able to travel the world or actually buy a lambo, I get worried.
+
+We have to remember that crypto is a risky investment and while there is a universe in which your portfolio gains 100x in 2018, there's also a world in which you gain 2x. Or break even. Or even lose a lot of money. 
+
+When you start thinking about truly life changing events like retiring early, that can be really intoxicating. A thought like that can become your primary source of happiness. But the reality is, that dream may not be realized, and if that happens, that reality setting in could be brutal.
+
+I just want everyone to temper their expectations a bit, and just try to stay level headed. I know that can be difficult with what's going on right now, but try to take a step back and evaluate from a more rational perspective. Keep the dream alive, but also don't neglect the other possible outcomes.
+
+EDIT: Look guys, you don’t have to justify your investments or explain why this doesn’t apply to you. All I’m saying is don’t expect to be able to retire early because it seems to be trending in that direction. Temper your expectations so you don’t feel terrible if it doesn’t work out that way.
+Been trading full time for 2 years now, ask me anything! 
+
+I’ve seen some posts here about how you can’t live by trading. There’s indeed people that live only by trading.
+
+Edit; I’m trading the forex markets only.
+[GameStop.com](https://www.gamestop.com/) || Shop [Internationally](https://www.reddit.com/r/Superstonk/comments/vyyzmx/gamestop_retail_international_nft_game_informer/) || [NFT Marketplace](https://nft.gamestop.com)
+
+GameStop [Investor Relations](https://news.gamestop.com/)
+
+# 🙋 ​[What's GME & should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+# 📚 Library of Due Diligence [GME.fyi](https://fliphtml5.com/bookcase/kosyg)
+
+>A collection of over 200 of the most important, groundbreaking **D**ue **D**iligence. If your looking to familiarize yourself with the GME bull thesis or the underhanded tactics of the short sellers involved in this trade– then this is for you
+
+# 🟣 [Computershare Megathread](https://redd.it/vp01of)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+# 🥢 [4:1 Split/Dividend Megathread](https://redd.it/vtvbl8)
+
+>On July 6, 2022, GameStop Corp. (the “Company”) issued a press release announcing that its Board of Directors had approved and declared a four-for-one stock split in the form of a stock dividend. Each Company stockholder of record at the close of business on July 18, 2022 will receive three additional shares of the Company’s Class A common stock for each then-held share of Class A common stock, to be distributed after the close of trading on July 21, 2022.
+
+# 🏴‍☠️ [NFT Marketplace & Wallet Megathread](https://www.reddit.com/r/Superstonk/comments/vluysg/gamestop_nft_marketplace_wallet_megathread/)
+
+>Why is GameStop getting into NFTs? *WTF* even is an NFT? How do I set up a GameStop Wallet? How do I get a cool/custom wallet address? All these questions and more are answered here!
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+How to [feed DRSBOT](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/). Low karma? Post your DRS on r/GMEOrphans
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for user flairs, find [custom emoji options here](https://www.reddit.com/r/Superstonk/comments/v89p0h/new_superstonk_user_flair_emojis_how_to_edit_your/)
+Anyone else notice renewables trending up significantly today? Anybody know why?
+
+ZCLN +7%, AQN +2%, BEP-UN +3.5%, INE +2.6%, RNW +2%, PLUG +26%
+
+The only news I can find today is regarding Enphase, which makes up almost 7% of ZCLN, had an impressive second quarter of revenue growth. 
+
+PLUG is expecting lower 2nd quarter earnings so the jump there does not seem to be as a result of fundamentals. 
+
+I have a feeling this has to do with Europe attempting to shift away from Russian oil and gas, but the timing of the bump is surprising.
+[NET WORTH GRAPH](https://i.imgur.com/VlfLGEF.png)
+
+My wife and I just passed a net worth of 1M. We currently live in the southeastern part of the U.S., but not too south. I'm 29, she is 30.
+
+Looking back, getting to this point was a mix of our hard work, other people's hard work, and quite a bit of luck. Also the last 18 months have been fucking wild.
+
+We haven't reached the finish line yet (w.r.t. our FI number), but I feel like a rock climber who's made it to a ledge, and wants to look back on where I was and how far my wife and I have come. Maybe it'll motivate others, maybe not. Maybe it'll just give someone another example of a privileged white guy in tech to cuss at when you're pissed...At least none of it was due to crypto.
+
+**Our Hard Work**
+
+* My wife earned a B.A. in elementary education, and has been a teacher for the last 6 years, now in the beginning of her 7th. Starting at $35k and $47k
+* I earned a B.S. in Mechanical Engineering, and an M.S. in Data Analytics a few years later. Started at $52k base salary about 7 years ago, roughly linear raises to just over $90k up until last month, now at just under $120k. With bonus' around 5-10% since 2017.
+* I discovered the FIRE idea/community around 2014, starting with MMM, because of course. Since then I have been attempting to make sure my wife and I are putting away a good portion of our income. I'm not too detailed about it, but our savings rate is somewhere in the range of 20-40%. We do not do a monthly budget, but I keep a spreadsheet and have an idea of what we're spending. Daycare is a lot.
+* We bought our first house and moved in together in 2015, while unmarried. That's the first big widening on the NW graph.
+* We have had two cats the whole time. We got our first dog in 2015, second (with parvo and ticks, treated and survived) in 2016. They're all still kicking and licking.
+* We got married in early 2016.
+* She suffered a miscarriage at the end of 2016, and had our first child in 2018. Had second child in 2020 at the beginning of the pandemic when everything was uncertain.
+* After assessing our life and desires for us and our children in January 2018, we moved across country in mid 2018, bought our second home (second big widening on the NW graph), and started renting out the first through a property management company, seemed easier than selling at the time. Income on the rental started around $12k a year, now around $17k.
+* I volunteered at a local community STEM organization for a year, and we both volunteered for a local church for a couple years.
+
+**Other Peoples Hard Work**
+
+* Our parents. My dad was a single father. I grew up lower middle/middle class, but we had what we needed and a little extra. My wife had two parents and a couple of sisters, grew up middle/upper middle class. We both grew up in the southwest.
+* MIL was able to save up some money for my wife. When my wife and I met in 2014, the account was already at around $140k. Her mother also paid for her B.S., and therefore came out with no student loans.
+* All the teachers, family, friends, and other acquaintances (and even strangers) that influenced and supported us over the last 30 years.
+
+**Luck**
+
+* We were both born in the U.S., to relatively healthy and financially stable parents
+* My dad didn't make enough to directly help financially with college. A little over half of my B.S. was covered with grants due to my father's low income. The rest was student loans, and I worked for about a year part time earning minimum wage in retail during college (sidenote: It's crazy to realize that now I make more in 1 month than I made during the entirety of that year). I graduated and went into our relationship with about 30k student loans.
+* The job I've had the entire time my wife and I have been together, I got because a family friend was a Director in IT, and hired me on at even though my background was not in IT. The company paid for 95% of my masters degree. And I was able to get a little over 4 months of parental leave, for each of our two children.
+* The rise of the stock market, and housing market (especially in the last 17 months where our NW has doubled) compounded by the fact my wife came into our relationship ahead due to the account set up by her mother. I think due to that original $140k, roughly 35-50% of our net worth is because of her.
+* Bought a house before we were married, luckily nothing went south there...
+
+**The Present**
+
+Asset Breakdown (1.46M):
+
+* Homes (2): $881k
+* Other Investments: $378k
+* Retirement: $153k
+* HSA: $21k
+* Vehicles: $18k
+* Cash/Checking: $14k
+
+Debt Breakdown (427k):
+
+* Mortgages: 422k
+* Student Loan: 4.7k
+
+**The Future**
+
+Because my wife and I are comfortable enough financially, and have the means to do so, we are planning to move out of the U.S., to Germany sometime in the next 9 months. We believe this is a better move for us and our family than living in the U.S. given the recent/current political, social, and economic climate (We lean left). We are learning German, and researching everything it will take to move, and transition successfully. It is not necessarily geo-arbitrage as our COL will be very similar, though daycare, schooling, and healthcare will be much lower so we're excited about that.
+
+My wife might also stop working soon to spend a little more time with the kids and get out of her less than ideal profession, especially due to recent issues with her administration. Perhaps even starts a masters program abroad as doing so here would be of no benefit, as shown by her current employer.
+
+We realize becoming expats will be a very large (potentially stupid) transition, and will also impact our NW quite a bit. But luckily we've made it to a point were we feel secure enough to take that hit.
+
+To me, that's what FIRE is all about, and why I'm drawn to it. At least the FI part. Putting in the effort early and consistently, so that later you have more freedom and flexibility to do the things you really want to do.
+
+**TL;DR:** Teacher and Engineer, went from 110k NW to over 1M in about 7 years, a non-trivial portion of it due to MIL saving up money for my wife. Moving to Germany in the next year.
+
+Also if anyone has advice, tips, or stories about moving abroad, feel free to post those in this thread :)
+Guten Tag to this global band of Apes! 👋🦍
+
+Apes, Earnings Day is finally here, and what a build-up it has been! We've recently seen the deepest dip offered in the past year, a flurry of tweets by Ryan Cohen aimed directly at the predatory Short Hedge Funds, and an unending stream of purple circles continuing to lock up the float. While many of us do *not* expect the earnings call to include any announcements of major partnerships or reveal future plans that the GameStop leadership team is currently working on, the DRS number seems like the first thing most of us are going to look for.
+
+Meanwhile, it seems that Ken Griffin is trying to cleanse Citadel's search results with a distracting bid to purchase Chelsea FC. This man commits crime day in and day out, and instead of taking the route to cleanse his name by, you know, *stopping the crime*, he instead goes and spends his illicit gains to make headlines and dilute search results that highlight his criminal behavior. He should know by now who he is up against - there is no force in this world stronger than an Ape scorned, and we have several hundred thousand of them right here, watching closely. Chelsea FC should pay very close attention to who they decide to do business with.
+
+Today is Thursday, March 17th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- ⬜ 60 minutes in: **$86.51 / 78,69 €**  *(volume: 321)*
+- ⬜ 55 minutes in: $86.51 / 78,69 €  *(volume: 321)*
+- ⬜ 50 minutes in: $86.51 / 78,69 €  *(volume: 243)*
+- ⬜ 45 minutes in: $86.51 / 78,69 €  *(volume: 238)*
+- ⬜ 40 minutes in: $86.51 / 78,69 €  *(volume: 237)*
+- ⬜ 35 minutes in: $86.51 / 78,69 €  *(volume: 215)*
+- ⬜ 30 minutes in: $86.51 / 78,69 €  *(volume: 214)*
+- ⬜ 25 minutes in: $86.51 / 78,69 €  *(volume: 169)*
+- ⬜ 20 minutes in: $86.51 / 78,69 €  *(volume: 149)*
+- ⬜ 15 minutes in: $86.51 / 78,69 €  *(volume: 148)*
+- ⬜ 10 minutes in: $86.51 / 78,69 €  *(volume: 137)*
+- ⬜ 5 minutes in: $86.51 / 78,69 €  *(volume: 98)*
+- 🟥 0 minutes in: $86.51 / 78,69 €  *(volume: 76)*
+- 🟩 US close price: $86.86 / 79,01 €   *($86.88 / 79,02 € 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 1.0994. 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!
+For the first time in my adult life I have a positive net worth.  I found this community back in 2015 and it's helped me tremendously in my journey to get here.  I now religiously check in everyday to see the latest posts.
+
+Here's a quick rundown:  33M, living in HCOL city, and making 81k.  I first moved here and was making $12/hr with infrequent temp work.  I was hemorrhaging money from left over student loans and also had help from my parents.  After that 1st year I was able to get a job in my field making 57k.  This was actually a solid baseline salary.  I was able to have my own studio, pay student loans, and still have fun.  After about 1.5 years I switched jobs and am now making 81k.  I did my best to avoid lifestyle inflation and have been doubling up my student loan payments since then.  You can slightly notice the change in the graph from where I started my new job.
+
+Things I done well so far in my journey:  I've never had credit card debt.  My only debt is student loans.  And I think I've done well at avoiding lifestyle inflation and increasing my savings rate.
+
+Things I need to work on:  EATING OUT.  I do it far to often and really need to get it back.  But that's a work in progress.
+
+Here's my chart over the last 2.5 years.  Thanks for all your help.  https://imgur.com/a/oSRoT
+When I was 17 I started dealing drugs because I found no logical way (in my teen mind) to make money and have all the cool things I wanted. I eventually got caught by my parents (twice), and the law (once). Since then my record has been expunged and nobody knows about it (not even my parents). I was always broke. Never had more than 500 dollars in my bank account. 
+
+At age 19 I got in a wreck on the way to buy some drugs (I had over 3k in my pocket) and I got hit driving through a green light. I got a settlement for 30 thousand dollars, and spent over a week in the hospital with a ruptured spleen. I nearly died, laying there in the hospital bed screaming and being pumped full of drugs that weren't working while my mom clutched my hand crying thinking this may be the last day she sees her son. 
+
+Since then, i've stopped. I put my money from the lawyer into a puppy (whom I absolutely love to death), and the rest in my bank for college, and the rest I put into ethereum. I was fortunate enough to find this technology last year around december. Since then, ethereum has given me a new life and countless opportunities to do something better with myself. I quit everything drug wise, i don't even have friends who do drugs anymore. I now have better friends I can talk about crypto, stocks, and finances with and whom are healthy that contribute to a better lifestyle. I can now afford my dream car that i've always mentally masturbated to since I was 13 years old. I can now finish the rest of my college without any federal or private student loan debt. I can now buy my dad the 1976 corvette he had back when he was in high school because he's been struggling with work and it's the least I can do to show gratitude for doing the best he could while I was growing up. 
+
+My family has always had money as the wedge that separated us and caused many of our problems. Thanks to ethereum, the technology behind it, and what you people have done, you have changed me and my family's life in ways that I could never have imagined. I am now no longer looking over my shoulder, worrying about if I will make it when I finish college, or have a burden of being enslaved by debt for the rest of my life. Thanks to ethereum, I now have a better life laid out for me and an endless opportunity to achieve my dreams I never thought would be possible. 
+
+So i'd like to say thank you. To Vitalik, the developers all across the world working on this evolutionary technology, and the community who kept me grounded with a firm belief of what was, and still is yet to come. You've changed my life in ways I could never be grateful enough for, and i'm sure there are hundreds of thousands of others just like me that haven't spoken up. Thank you to everyone, and keep doing what you are doing no matter how many speedbumps come along the way because whether you believe it consciously or not, you are truly making this world a much, much better place. 
+The October jobs report was a huge beat.
+Data out Friday morning showed the US economy added 271,000 jobs in October, and the unemployment rate dropped to 5%.
+That unemployment rate is now at the lowest level since April 2008, and economists consider this level to indicate full employment. 
+http://www.businessinsider.com/october-jobs-report-november-6-2015-11
+I'll begin by saying that this experience is by no means universal, and may depend a lot on your location and the opportunities around you. I live in a large metropolitan area with a strong union presence, but also a place where the cost of living is high and housing situation unforgiving. YMMV.
+
+Two years ago, I was struggling, bad. My parents financial decisions had led them into a pit, forcing them to move out of the state, leaving me behind. My previous carpentry job had laid me off due to the pandemic(awful timing, by the way) and I was at a new manufacturing job making little more than minimum wage. I was spending my time trying to gauge the right place to park my car, a good old honda accord with close to 200k miles, knowing that it could be my home for the next few months. 
+
+I was fortunate that my uncle let me rent a room in his house for cheap while I searched for a better opportunity, and I want to say that because I know this is a privilege and that many, many other people didn't have such opportunities. I had a car, I had supportive friends and family members, and although I was almost homeless, I wasn't ever forced onto the street. I'm not writing this post to lecture someone who's struggling to "just weld" because I know that isn't an option for them. This is just my perspective and me extending an offer to those who might be able to take advantage.
+
+Anyways, during this time, I applied for the plumbing apprenticeship at the local union. What attracted me was the wages and the benefits: 30 an hour to start, full health, vision, and dental, 401k, pension, disability, everything. The health care was especially attractive; I was on medicaid and was struggling with my various conditions.
+
+I chose plumbing because it seemed the most interesting. Electricity paid more, but I didn't find wires as fascinating as pipes. I enjoyed working with my hands, and was physically fit. So I applied. All I needed was a GED and a mode of transportation. No experience at all was required, nor would it be considered. I studied my ass off for the entrance exam, took it, and got third place.
+
+Most unions have both an exam and an interview, but this one, due to the amount of applicants, only had an exam. It was basic math and mechanical reasoning, and relatively easy for me. The passing grade is 75%, and after passing, one would be put on a list in order of their rank on the exam, and called for work in order. Since I placed third, I was called relatively quickly.
+
+Tuition is completely free for this apprenticeship, and as mentioned before, I actually got paid to learn. Immediately I was brought into lower middle class, then middle class, as the high wages and incredible benefits were more than enough to guarantee me a comfortable life. I developed an emergency fund, got my health taken care of, and was able to grow my savings, as well as my retirement account. The work life balance is decent, too. 40 hours a week is typical, though there is overtime you can take advantage of, of course depending on trade and area.
+
+Two days a week, in the evenings, I go to class, where I learn the various skills needed to succeed at work. Tuition is completely free. No student debt, nothing. 
+
+I want to emphasize that this is a union apprenticeship, not a for profit trade school, which I unfortunately see recommended all too often. Trade schools are often for profit, don't guarantee work, and leave you with mountains of student loan debt.
+
+So, you want some of this! Where do you start? Well, the first thing to do is think of what building trade you wish to pursue. There's a lot of information out there on the various trades, but typically plumbing, electricity, sheet metal, hvac, etc, are considered the most desirable, and tend to pay the best and have the strongest unions.
+
+If you haven't, get your GED. Even if you don't want to learn a trade like this, a high school diploma is required for many jobs, and it's not a good idea to try to go through life without one. In this case, a GED is usually required for a union apprenticeship.
+
+Check the union locals in your area for the trades you are interested in, take a look at their website if they have one, contact them and ask about how you can apply for an apprenticeship. They will be very happy to help. The trades shortage is a complex problem, but in my personal experience, the apprenticeship I attend is low on applicants, especially qualified ones. Some areas, however, have so many applicants that they can wait years to be called to work. It all depends on the area and the local, so do your research!
+
+To end this, here's a list of pros and cons of the trades based on my personal experience.
+
+Pros:
+
+1. **Good pay.** Union apprenticeships, and jobs, pay excellently. I started at 30/hr, and will be making upwards of 70/hr as a journeyman. Every 6 months, I get a raise, until I graduate and reach full journeyman status.
+2. **Good benefits.** Health insurance, vision, and dental are all provided, and all excellent. I also have both a 401k and a pension, the former which my employer contributes too, along with my own contributions. I will retire comfortably, especially since I started early, but you don't necessarily have to be because...
+3. **Low barrier to entry.** I admit, this is subjective, but many of my classmates and others in the trades come from rough backgrounds, struggle with mental illness and addiction, are older than the typical learning age, etc. I've seen people from all sorts of situations in the trades, and the trades have helped them slip comfortably into a middle class lifestyle for themselves and their families.
+4. **Meaningful, hands-on work.** I love working with my hands, and I love to move around. If you despise the idea of sitting in a cubicle all day, staring at a screen, then the trades could be for you.
+5.  **No tuition, and high quality training.** Again, the latter depends on location, but a union apprenticeship will always be free, for all 3-5 years of your apprenticeship. My school also covers costs such as a school laptop and books, but I know others may require you to buy those things, and only those things.
+
+Cons:
+
+1. **Tough on the body.** The trades aren't for everyone, especially in this regard. You will be carrying things, bending over, crawling into small spaces, breathing in dust, exposed to potentially hazardous chemicals. If you take care of your body, you won't be crippled by age 50, but you certainly won't feel as you used to. Construction is a dangerous job, so it's up to you to ensure your safety.
+2. **Difficult to start.** Okay, I know I said there was a low barrier to entry, but this is important because your experience might be different depending on your area. If there are too many applicants, it could take years to get into a good union apprenticeship. If you live in a rural area, commute to a larger city might be a problem. You still need a GED and a good driving record, and in some places, pass a drug test in order to work.
+3. **Overtime.** This can be considered a good or bad thing. Construction is a very feast or famine sort of career. Most people in the trades take all the overtime and work they can when they can, so when they're laid off during a slow period, usually in the winter, they have plenty of savings to keep them afloat. Overtime can be hard on the body and mind, so definitely consider your willingness to work hard.
+4. **Troublesome coworkers.** You will meet all sorts of people in the trades, including some unsavory personalities. Unionized labor is typically better in this regard, but you'll encounter foremen who yell, journeymen who don't teach, laborers who drink and smoke on the job, and all kinds of trouble you can think of. You need a thick skin to work in construction, can't be someone who easily takes offense to crude language and humor, as well as insults from coworkers and bosses. Again, this is much better in the union, but it's still present.
+
+If anyone has any questions, feel free to ask! I love talking about my job and how it's helped me, and I want to be able to help others too. Hope this wasn't too much of a rambling mess; if it was, I suppose you can yell at me too.
+Hey guys, I’m a new investor, what are some MUST HAVE, software programs, websites, courses,videos I should look at?!
+What do you utilize when you are trading?
+
+
+I’m basically trying to get as much infomation and study the hell out of of it, I downloaded a trading simulator on my phone, I have financial news apps as well, I have investopedia bookmarked and binance app installed as well, anyone know where to find information reguarding beginner investing and trading? 
+Like the basics of TA, how to research stocks etc.
+
+I’m debating on buying a shitty course on udemy to try and learn
+I’m also reading the intelligent investor 
+
+I feel very overwhelmed as of now, too many places to start.. I want to know what resource has helped you grow and learn and where might a beginner start their journey on learning all their is about finance and the stock markets
+
+
+Thanks.
+That’s it. They greatest fear is to have a huge amount of people holding a single stock that happens to be the most shorted stock. 
+
+Of course there are other great companies out there. But there will not be another short squeeze like GME that’s why people call it MOASS. 
+
+They also will never close positions in other shorted stocks before GME because they know people would use the profits to buy more GME, which is their biggest risk. 
+
+It’s been a long time since Jan 21. During this time they tried many different things that didn’t work. They know that talking down on GME or pushing stupid stocks don’t work. But they might be very happy if we suddenly move our eyes to other nice things for a while, specially being so close to announcements, this can reduce the power of Fomo. 
+
+To each their own. 
+
+I’m all in GME. 
+I’m DRSed. 
+I like the stock.
+German ape here.  Trying to find words. It's almost 3 a.m. over here.
+
+I started working at age 16, while still at high school. Not because I really had to, but because I loved doing cool stuff that I was passionate about. With people who were equally passionate about the esports related things we did back in 2006. It was a crazy time, with dozens of young people doing the things that they loved and getting a little bit of money out of it. For me, it was being able to pay my college apartment rent in Munich, the most expensive city in our country.
+
+I got pulled into the rabbit hole which is everyday work life in Germany. Getting a degree, getting a "normal" job and trying to make ends meet, trying to build a life. All the time knowing that I was set to do this for the rest of my life and not be really self-determined, ever. I was aware of the fact that I might never be able to break this cycle if I weren't ready to betray the principles I value the most as a human being. Decency, being there for other people, not screwing anybody over for personal gain.
+
+I have to be honest: There were several moments in life where this realization nearly broke me. I am not set for this kind of life, but I saw no way out. Ever.
+
+These past few months, and especially the past few weeks, I feel so completely different. I actually BELIEVE things can be changed without physical force, without trying to overthrow violently. Because you guys exist. I finally have certainty that I am not alone in this. That there are hundreds of thousands of people who think, feel and struggle like I have done for all my adult life.
+
+If it comes to financial topics, I am the role model of a smooth brain. I have no idea how all this here will actually turn out. But I have, first time in my life, confidence. We can change things. We are strong together. I cannot thank you all enough for this. You have given me so much. Let's bring this to a conclusion that fits this unbelievable narrative. It means more to me than I can put into words.
+
+Love to all of you. <3
+It's roughly about 1 year later and prices for RE atleast in the US have kept increasing even faster last year.  Supposedly the average increase in listing in 2021 was 22.3% in my locality, which I believe might be the fastest annual increase ever.
+
+ Just wanted to check in on the community and see if anyone pulled the trigger and cashed out the equity in their primary residence or rental.  If you did, what was your next step?  Move to LCOL and/or rent?
+
+As for me, I did nothing but definitely feel like the RE party is about to end.
+
+Original post:   [**https://www.reddit.com/r/financialindependence/comments/llacl2/have\_soaring\_real\_estate\_prices\_changed\_your\_fire/**](https://www.reddit.com/r/financialindependence/comments/llacl2/have_soaring_real_estate_prices_changed_your_fire/)
+Hi all,
+
+I'm curious if any of you have even experimented with HMMs? If so, how did you try to use them? Did you ever get something to production? Do you purely use HMMs for regime detection, or something else?
+
+I'd also be super curious to hear about any types of inputs you used (if you're willing to share).
+
+Any interesting observations or insights when trying to use them?
+
+I haven't found a huge number of resources on these, so wanted to start a little discussion.
+If you value bitcoin you ain’t got nothing to worry about. I celebrate when the dip happens and I load up and buy more. Today it hit an all time high so here’s a virtual toast to my holders! Anyone else celebrating today? If you got this mindset and vision towards the future your here for the long run. For my new people browsing and thinking about investing. Ask yourself this. You probably wish you got some last year and 10 years before that so what’s stopping you now?
+Guten Morgen to this global band of Apes! 👋🦍
+
+The US has switched to Daylight Savings Time, but Germany is a few weeks behind. As such, the German Markets only open one hour before the US Premarket opens, so Diamantenhände will only cover the first 60 minutes on the German exchanges.
+
+This truly feels like a pivotal week in the GME saga. Shorts are continuing their aggressive price attacks against retail traders, who are continuing to buy every discounted share that they have on offer. They absolutely *need* the price to be lower, so I will not be surprised if I'm buying an even deeper dip (again) tomorrow. With GameStop earnings after market close on Thursday, there is no shortage of fuckery in store for us through Friday.
+
+The 15% discount is obviously big news, but even bigger news is the series of messages from the SEC today, warning about counterparty risk, gathering as much margin as possible, particular risk from concentrated positions, and to watch intraday positions closely. My friends, this is a highly unusual set of statements, and the *intensity* of the emphasis in these messages could not be clearer: there will be industry titans falling soon, and now is the time for any institutions who think they can survive to start distancing themselves or they will be crushed in the fallout. The recent jolt to the market has set these events in motion, and the system cannot defeat our Diamantenhände.
+
+And then RC directly calls out just how dumb they are. They're spending millions to drive the price down because they think that's going to somehow help them survive this? With earnings on Thursday? Against the team that RC assembled to revolutionize retail and pioneer a new kind of marketplace, funded with well over $1b and with an eager customer base? Dumb stormtroopers of the investing galaxy indeed.
+
+Today is Tuesday, March 15th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- 🟥 60 minutes in: **$82.14 / 74,95 €**  *(volume: 9214)*
+- 🟥 55 minutes in: $82.36 / 75,15 €  *(volume: 9035)*
+- 🟩 50 minutes in: $82.58 / 75,35 €  *(volume: 8687)*
+- 🟥 45 minutes in: $82.38 / 75,16 €  *(volume: 8564)*
+- 🟥 40 minutes in: $82.58 / 75,35 €  *(volume: 8103)*
+- 🟥 35 minutes in: $83.22 / 75,94 €  *(volume: 7897)*
+- 🟩 30 minutes in: $83.46 / 76,15 €  *(volume: 7630)*
+- 🟥 25 minutes in: $82.93 / 75,67 €  *(volume: 7235)*
+- 🟩 20 minutes in: $83.24 / 75,95 €  *(volume: 5172)*
+- 🟩 15 minutes in: $81.73 / 74,58 €  *(volume: 2938)*
+- 🟩 10 minutes in: $80.70 / 73,63 €  *(volume: 2384)*
+- 🟩 5 minutes in: $80.30 / 73,27 €  *(volume: 1211)*
+- 🟩 0 minutes in: $80.02 / 73,01 €  *(volume: 366)*
+- 🟥 US close price: $78.11 / 71,27 €   *($80.48 / 73,43 € 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 1.096. 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!
+Prediction status check: how are we going toward a 50% drop in the
+[Core Logic Home Value
+Index](https://www.corelogic.com.au/our-data/corelogic-indices) (5 capital city
+aggregate) from its peak 2020 value by end of 2025?
+
+----
+
+* Peak 2020 value (Dec 31 2020): **137**
+
+* All-time high (May 07 2022): **176.66**
+
+* Current value (Jul 24 2022): **172.38**
+
+----
+
+→ Change from 2020 peak to now: **+25.8%**
+
+→ Change from all-time high to now: **-2.4%**
+
+→ Change from now for prediction to be correct:
+**-60.3%**
+
+----
+
+⇒ Average monthly change since 2020 peak: **+1.2%**
+
+⇒ Average monthly change since all-time high:
+**-1.0%**
+
+⇒ Average monthly change from now until end of 2025 for prediction to be
+correct: **-2.2%**
+
+----
+
+I am a bot made by /u/doubleunplussed. Beep boop. I post at most once per week.
+These regular posts are made [at the
+request](https://www.reddit.com/r/AusFinance/comments/v264de/comment/iaqo4at/) of
+the user who made the above prediction.
+It’s absolutely insane how GME has changed the way I think about life in general.
+
+Im in digital marketing and I’ve always done pretty well. Used to own a boutique agency but Covid took a toll in multiple ways and I had to go back in the workforce.
+
+Found a job in my field and I was taking a pay cut based on my experience… and everyone knew it at this new job. My bills were covered with about 150.00 left to put back in savings each month, which I slowly spent on GME instead of saving (let’s be real, GME is my savings account).
+
+Stayed at this job for 7 months and everyone was super happy with my work. I was hoping to impress them to eventually get a pay raise to create a little more cushion. 
+
+Last week I was headhunted by a company that needed a Director of Digital Marketing and I checked all the boxes. I was expecting high XX,XXX but was given an additional 30k over what I would have accepted!
+
+As I was told that I got the job, I didn’t think about a financial cushion. I didn’t think about buying a fancy car or clothing.
+
+My first move was to figure out how much more GME I could purchase before the expiry date for the dividend.
+
+GME has had positive effects on my life so far… even without MOASS. I’ve become financially smarter. I’ve learned more about the stock market and business mechanics that I didn’t even care about. I learned to question everything the MSM says and not follow blindly. To top it all off, I learned how to stand for something bigger than myself.
+
+I know I’m not the only one who has had their life change even before MOASS due to GME. It’s been a rollercoaster and I wouldn’t change it for the world. I say all of this to say
+
+**Hedgies R Fukd**
+Companies offer fewer auto loans, mortgages and buy-now-pay-later programs
+
+https://www.wsj.com/articles/fed-rate-increases-are-squeezing-consumer-finance-companies-11670712247?mod=hp_lead_pos3
+
+Consumer spending in the U.S. is going strong. Consumer lending, not so much.
+
+The financial squeeze that started about six months ago for companies that lend to ordinary Americans is getting worse, contrasting sharply with recent rallies in stocks and corporate bonds. The main reason: ***These finance companies have lost access to easy money.***
+
+Widespread economic uncertainty has made debt investors less willing to buy the bonds these nontraditional lenders issue. Higher interest rates, courtesy of the Federal Reserve, have given investors other attractive options.
+
+Now, ***these finance companies are paying as much as four times what they paid in January to borrow in bond markets the cash they lend to customers.*** Plenty of them are struggling to make that math work. Once-highflying consumer-finance companies such as Pagaya Technologies have flipped from profit to loss. Some smaller outfits are shutting down altogether.
+
+***Many of the nontraditional lenders launched within the past decade, which means they have never weathered a sustained period of high interest rates.***
+
+***“All of these fintech firms talk about their data science and machine learning capabilities, but the truth is, their models have not been battle tested through a recession yet,”*** said Reggie Smith, JPMorgan Chase & Co.’s lead fintech stock analyst.
+
+Pagaya and other startups such as Affirm Holdings Inc. and Carvana Co. aren’t banks, which means they can’t take deposits for funding. For borrowers with imperfect credit, these alternative lenders are sometimes the only way to get an auto loan, mortgage or buy-now-pay-later offer.
+
+The companies are now lending less or charging more for loans they do make, adding to concerns already swirling about the health of the economy.
+
+Athas Capital Group, an alternative mortgage lender in Calabasas Hills, Calif., announced its closure in November, citing the poor outlook for selling its loans to Wall Street firms.
+
+“Do I set a bunch of cash on fire to stick around or do I close shop?” asked Brian O’Shaughnessy, co-chief executive officer. “We chose, right or wrong, to close up shop.”
+
+He is now trying to help his roughly 265 employees find jobs at competing firms.
+
+The average price of bonds backed by private-label mortgages recently fell to about 82 cents on the dollar, their lowest level since at least 2011, according to a Wall Street Journal analysis of data from the Financial Industry Regulatory Authority. Bond prices typically fall when interest rates rise and investors demand higher yields to lend money.
+
+Sales of the bonds made from private-label mortgages, which don’t benefit from federal guarantees, boomed last year when Treasury bonds were paying peanuts.
+
+Normally, loans from alternative lenders are bundled into securities that Wall Street firms sell to pension funds, insurers and other investors. These bonds are known as asset-backed securities, or ABS, and they are typically sold to investors in multiple slices that have different yields based on their risk.
+
+The securitization process is integral to keeping many consumer-finance companies in business, but it can amplify market gyrations in unexpected ways. Prices of collateralized loan obligations, or CLOs—a type of ABS—gapped below fair value in October when U.K. insurers and pensions responded to rising interest rates by dumping CLO bonds.
+
+Some investors have stopped buying ABS, which they still associate with the 2008 financial crisis, to reduce risk. Others are selling out of fear that the loans backing the bonds might go bad. Home prices are already falling in many U.S. cities, and delinquencies are creeping up on auto and other consumer loans.
+
+The biggest change, though, is that insurance companies and pension funds have scaled back their interest in ABS, said Rich Barnett, a partner at investing firm Castlelake LP. Rising interest rates have lifted the yields on corporate bonds and Treasury bonds, making them attractive for the first time in years.
+
+Prudential Financial Inc. has slowed once-brisk purchases of ABS and CLOs in its approximately $400 billion insurance account. Instead, it is snapping up high-rated corporate bonds because their yields have risen, socking them away in preparation for when the Fed starts cutting rates again, chief investment officer Timothy Schmidt said.
+
+Investment-grade corporate bond yields doubled this year to a 13-year high of about 5%, which is close to the roughly 7% return many pensions and insurers shoot for. Another benefit: Corporate bonds have longer terms than most ABS, making them better matches to offset the payout schedules of insurance and pension liabilities.
+
+“We will look back at the assets we’re buying now as pretty attractive,” Mr. Schmidt said. “I don’t think anyone expected rates to move this far this quickly.”
+
+Investors still willing to buy the bonds are making borrowers pay up. Affirm, a buy-now-pay-later company, abandoned plans to issue a $350 million bond in November when investors demanded higher yields than it was willing to pay, people familiar with the matter said. The company also finances loans through bank credit lines and direct sales to investors such as the Canada Pension Plan Investment Board.
+
+***Pagaya, a technology-driven consumer finance company, went ahead with a $543 million bond last month but had to pay investors an 8.1% interest rate on its best-quality bonds to get the deal done, according to data from Finsight. That marks a steep increase from the 6.1% rate it got on comparable bonds sold in August and 2% on a deal in January.***
+
+Issuance of consumer-loan ABS declined slightly this year, but Pagaya has nearly doubled bond sales to about $3 billion, according to Finsight. Fees from bond sales account for much of the company’s revenue, according to its financial filings.
+
+At the same time, delinquencies have risen on loans bundled into ABS that Pagaya sold. A bond the company issued in January at 100 cents on the dollar traded in mid-November at around 88 cents, according to data from Empirasign.
+
+Pagaya has been buying loans with tighter underwriting standards this year, and its November bond issuance shows that bond investors trust the company’s artificial-intelligence methodology, its 34-year-old co-founder Gal Krubiner said. The U.S. and Israeli firm uses AI to identify attractive loans that other lenders would turn down, Mr. Krubiner said.
+
+“We saw the uncertainty and volatility coming,” he added.
+
+Pagaya’s stock is trading below $1, down from about $10 three months ago.
+
+***Carvana, an online auto dealer, is facing a cash crunch. Its shares, which soared in the pandemic, have lost 98% of their value this year.*** The company recently hired restructuring advisers.
+
+Asset-backed bonds of companies that go bankrupt typically avoid default, but their prices can fluctuate wildly. A bond backed by auto loans that Carvana issued for 100 cents on the dollar in September 2021 traded around 75 this month, according to data from Empirasign. Part of that decline also reflects the rise in overall interest rates.
+
+For the shrinking pool of investors in the market, the yields have rarely been higher.
+
+Subprime auto lender Flagship Credit Acceptance LLC did a roughly $400 million bond deal in late October. The riskiest chunk of its bonds, which had a double-B rating from some agencies, had a spread of 9 percentage points over going rates.
+
+***No comparable subprime auto bond had ever priced with such a wide spread since at least the last financial crisis, according to John Kerschner, U.S. head of securitized products at Janus Henderson Investors. Investors who bought the debt received a yield of over 13%, according to Finsight.***
+
+“It very much feels like you’re getting paid for the risk right now—and then some, quite frankly,” said Mr. Kerschner, who has been investing broadly in ABS.
+
+---
+
+The tide is going out.  IMHO likely rates are going back to normal and will stay that way.
+A few months ago, a reckless driver tried to cut me off on i95 and ended up slamming into my car, nearly running me and my friend off the road. The guy lied to the cop and nearly had her believing his story. I stayed quiet, then I pulled out my dashcam once he was finished and showed the footage to the officer. I was obviously not at fault and the guy tried to offer to pay me off without contacting his insurance. He ended up being very difficult to work with so I just ended up calling his insurance and had them look at my car. They immediately wrote me a check for about $850 for the damage. I was quoted over $1,100 at both body shops I went to. I’ve been meaning to call the insurance company to tell them the check is not sufficient. 
+
+To be completely honest,  the reason I’m asking is because I don’t even want to fix my car. It already has high mileage and I can deal with some light damage on the car. I’ve waited almost 6 months now and I fear it might be too late to negotiate (if that’s even something that can be done). I’m about to go on a month long trip to Asia and could use the extra cash. Should I just deposit the $850 or do I have a chance at getting more?
+
+TLDR: Got in a crash that I wasn’t at fault. The guys insurance gave me a check 5 months ago that I plan to just keep, but the damage is more than what they gave me. Can I try to ask for more?
+The report that Maxine Waters released last week clearly highlights this fact. Who from Apex Clearing was at the Congressional Hearings? Has Robinhood been vindicated? I don't remember any testimony from the CEO of Apex Clearing, Bill Capuzzi. Will Apex be liable for the losses by retail investors? Is there any mentions of a class action lawsuit?
+Would love to hear ideas how I could manage a rental property from overseas. The rental will be in US and I'll be living in Europe on +10h timezone. I'll be able to fly once a year to manage new tenants etc. if needed, but any normal maintenance requests is a big question mark how to handle. I've been managing one rental already so not new to this kind of activity.
+
+Any ideas what would be the best way to do this?
+
+Edit: residential property
+Hey Family,
+
+​
+
+Has anyone had experience renting out or Airbnb relatively "high-end" properties? Excluding HCOL areas. For example, I see really nice SFH homes in Atlanta for 600k+. Is that worth buying over three 200k+ SFH?
+
+Any ideas/thoughts on pros and cons would be appreciated.
+
+Thanks.
+https://www.sec.gov/news/press-release/2017-79
+
+27 Firms and Individuals Charged With Fraudulent Promotion of Stocks
+
+FOR IMMEDIATE RELEASE
+2017-79
+
+Washington D.C., April 10, 2017—
+
+The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being secretly compensated for touting company stocks.
+
+SEC investigations uncovered scenarios in which public companies hired promoters or communications firms to generate publicity for their stocks, and the firms subsequently hired writers to publish articles that did not publicly disclose the payments from the companies.  The writers allegedly posted bullish articles about the companies on the internet under the guise of impartiality when in reality they were nothing more than paid advertisements.  More than 250 articles specifically included false statements that the writers had not been compensated by the companies they were writing about, the SEC alleges.
+
+“If a company pays someone to publish or publicize articles about its stock, it must be disclosed to the investing public.  These companies, promoters, and writers allegedly misled investors by disguising paid promotions as objective and independent analyses,” said Stephanie Avakian, Acting Director of the SEC’s Division of Enforcement.
+
+According to the SEC’s orders as well as a pair of complaints filed in federal district court, deceptive measures were often used to hide the true sources of the articles from investors.  For example, one writer wrote under his own name as well as at least nine pseudonyms, including a persona he invented who claimed to be “an analyst and fund manager with almost 20 years of investment experience.”  One of the stock promotion firms went so far as to have some writers it hired sign non-disclosure agreements specifically preventing them from disclosing compensation they received.
+
+“Deception takes many forms.  Our markets cannot operate fairly when there are deliberate efforts to reach prospective investors with positive articles about a stock while hiding that the companies paid for those articles,” said Melissa Hodgman, Associate Director of the SEC’s Division of Enforcement.
+
+The SEC filed fraud charges against three public companies and seven stock promotion or communications firms as well as two company CEOs, six individuals at the firms, and nine writers.  Of those charged, 17 have agreed to settlements that include disgorgement or penalties ranging from approximately $2,200 to nearly $3 million based on frequency and severity of their actions.  The SEC’s litigation continues against 10 others. 
+
+The SEC also instituted [separate charges against another company](https://www.sec.gov/litigation/admin/2017/33-10345.pdf) for its involvement in circulating promotional materials that did not comply with prospectus requirements under the federal securities laws.  The company settled the case.
+
+The SEC today [released an investor alert](https://investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-alert-beware-stock-recommendations) warning that articles on an investment research website that appear to be an unbiased source of information or provide commentary on multiple stocks may be part of an undisclosed paid stock promotion.  Investors should never make an investment based solely on information published on an investment research website.  When making an investment decision, thoroughly research the company using multiple sources.
+
+“Stock promotion schemes may be conducted through investment research websites,” said Lori Schock, Director of the SEC’s Office of Investor Education and Advocacy.  “Investors looking for objective investment information should be aware that fraudsters may use these websites to profit at investors’ expense.”
+
+The SEC’s investigations were conducted by Beth Groves, Ian Rupell, Shelby Hunt, Jim Blenko, and Jonathan Jacobs with assistance from Michi Harthcock, Jamie Wohlert, Suzanne Romajas, and Frederick Block.  The cases were supervised by Rami Sibay, and the litigation will be led by Ms. Romajas and Patrick Costello.
+
+
+[SEC Complaint - Lidingo Holdings, Kamilla Bjorlin, Andrew Hodge, Brian Nichols...](https://www.sec.gov/litigation/complaints/2017/comp-pr2017-79-a.pdf)
+
+[SEC Complaint - CSIR Group, Christine Petraglia, Herina Ayot, Thomas Meyer, and…](https://www.sec.gov/litigation/complaints/2017/comp-pr2017-79-b.pdf)
+
+[SEC Order - Ciaran Thornton](https://www.sec.gov/litigation/admin/2017/33-10344.pdf)
+
+[SEC Order - Michael McCarthy, DreamTeam Group, Mission Investor Relations, and …](https://www.sec.gov/litigation/admin/2017/33-10343.pdf)
+
+[SEC Order - Stephen Ramey](https://www.sec.gov/litigation/admin/2017/33-10342.pdf)
+
+[SEC Order - Edward Borrelli and Dunedin Inc.](https://www.sec.gov/litigation/admin/2017/33-10341.pdf)
+
+[SEC Order - Joel Corenman](https://www.sec.gov/litigation/admin/2017/33-10336.pdf)
+
+[SEC Order - Galena Biopharma Inc. and Mark Ahn](https://www.sec.gov/litigation/admin/2017/33-10337.pdf)
+
+[SEC Order - ImmunoCellular Therapeutics Ltd.](https://www.sec.gov/litigation/admin/2017/33-10338.pdf)
+
+[SEC Order - Craig Keolanui](https://www.sec.gov/litigation/admin/2017/33-10339.pdf)
+
+[SEC Order - Lion Biotechnologies](https://www.sec.gov/litigation/admin/2017/33-10340.pdf)
+
+[SEC Order - Manish Singh and Lavos LLC](https://www.sec.gov/litigation/admin/2017/33-10346.pdf)
+
+[SEC Order - Christopher French](https://www.sec.gov/litigation/admin/2017/33-10347.pdf)
+
+* Advanced Medical Isotope Corporation,
+* Galena Biopharma, Inc.
+* NeoStem, Inc. (now doing business as Caladrius Biosciences, Inc.)
+* OncoSec Medical Incorporated
+* Stevia First Corporation (now doing business as Vitality Biopharma, Inc.)
+* ImmunoCellular Therapeutics, Ltd.
+* Lion Biotechnologies, Inc. 
+* DelMar Pharmaceuticals, Inc.
+* Labstyle Innovations Corp. (now DarioHealth Corp.)
+* Neostem Inc. (now Caladrius Biosciences, Inc.)
+* Assured Pharmacy, Inc.
+* Enzo Biochem Inc.
+* LPath, Inc.,
+* Soligenix, Inc.
+* CytRx Corporation 
+* Arch Therapeutics, Inc.
+* Anavex Life Sciences Corporation
+* GreeneStone Healthcare Corporation
+* InterCloud Systems, Inc.
+* Mobiquity Technologies, Inc.
+* Pressure BioSciences, Inc.
+* Sparta Commercial Services, Inc.
+* Zinco do Brasil, Inc.
+
+I'm holding VFV 100% in my RRSP, but have recently transfered over 40k+ into wealth simple tfsa (from my banks tfsa) .. wondering what would be more ideal to continue in VFV or put a 33% split of the $ into RY, TD, and BNS?
+When a strategy has been backtested across various out of sample time domains and there's significant performance, who do we reach out to? How do we make contact to the right people, instead of con artists? Is it better to just forget about leveraging it with a firm and just trade it on your own? Hopefully, this is not going to be voted down, these kinds of questions have a tendency of being voted down, it appears a group of people on here are allergic to success.
+When a strategy has been backtested across various out of sample time domains and there's significant performance, who do we reach out to? How do we make contact to the right people, instead of con artists? Is it better to just forget about leveraging it with a firm and just trade it on your own? Hopefully, this is not going to be voted down, these kinds of questions have a tendency of being voted down, it appears a group of people on here are allergic to success.
+Just curious what everyone's routine they do strategy wise.  I'm only 10 months into my options journey but tend to do the following fairly consistently, it has almost become a habit (i am fluid, this is option trading after all, sometimes earnings/world events/work/family alter the routine.)
+
+So far (usually on Monday), First I will sell my CCs on my standard stocks that I always do (sometimes these aren't weeklies), second I will do my CSPs on stocks i want to own or use a little margin to earn a little.  Third I will look at doing credit spreads.  This third step is newer to me and i am not sure what works best, I've made money and lost money.
+
+​
+There's a lot of hype about how high-speed rail is the way of the future, and will save the planet, and all that hubbub. I don't see how it's anything other than a fad. Trains are much heavier than planes so they require more energy (which mostly comes from coal plants), they're at most 1/5 as fast, and there is nothing to suggest they will be cheaper (once you look at eminent domain costs, infrastructure, and compare tickets). So what gives?
+
+I found a Ryan Air ticket (before fees) from London to Warsaw for 3.50 Euros; London to Valencia 35.00. A roundtrip ticket on JetBlue from NYC to Chicago was for $105. One-way AmTrak from NYC to Cleveland, OH is $74.00 and 11 hrs 42 min at fastest. For actual high-speed rail, a One-way 163 mi (1 hr 41 min) trip from Paris to Dijon on the TGV will go for $55 to $83 dollars. ... Hah, with good traffic, a fast car, and no cops you can drive that fast.
+ 
+
+Am I spending too much? Is it even possible to retire early?
+
+Monthly Expenses for me and my wife:
+
+Mortgage $3,953
+
+Water $121
+
+PG&E $225
+
+Phone bill $155
+
+Allowance to parents $1,000
+
+Car payment $1,300
+
+Gardener $155
+
+Property tax $873
+
+Total is $7,782.
+
+This is excluding ALL food and ALL credit card expenses. I'll estimate that my wife and I (no kids) spend $6,000 on our credit cards for food and other expenses, like buying stuff on Amazon and internet, netflix, pedicure, etc. per month.
+
+So the total spent per month is $13,782 = $165,384 per year. That number seems really high to be honest. We're also going to do a $140k remodel on our home since we just bought it and it’s old (4 beds 2 bath). (Got lucky and bought for 300k under market rate). We're also expecting a child in the next two years, and plan to have at least 2 kids.
+
+My wife and I both are senior software engineers at FAANG. Right now our combined TC is $700k. Our TC was never that high before, as we just got into faang less than 3 years ago, and we just got promoted recently. The total net after-tax income, including bonus and RSU's is $30k a month. If you only count the base salaries, it’s $17k a month, which barely covers the $13k we spend a month, and most of the time that $13k number is higher lol.
+
+Right now we're both maxing out our 401k. Anything else we should do?
+
+Are we living outside of our means? Can we even retire early? We’re in our very early 30’s. Wife will probably stop working in the next 5 years to take care of our future children. But what about myself, am I doomed for a lifetime of work? We have around $300k in cash in our bank account.
+As the header says, that’s the overall situation. 
+
+I am 28 years old, my brother is 30.
+
+I have spoken with realtors, attorneys, and banks.
+
+The house and property in question is valued at 600k (if it was in good shape). However it’s genuinely dilapidated. The estimates I’ve gotten are that short-selling is even going to be a good trick.
+
+I have a meeting with another realtor who happens to be a family friend. He’s called title companies and estimated the property debt at 350k. Given the actual state of the house, I think it would probably be demolished and we should sell the items inside. (completely fine with me) But at this point my brother and I are essentially just trying to figure out how to remove ourselves from this and possibly not miss out on any money to be made from the property.
+
+The realtor is essentially telling me that the titles and debt will be signed over to me, which I’m understandably reticent about because I’m ~28 fuckin’ years old~, I’m a bartender, I have no capital to put up to pay form attorney so I’m reliant on favors, and my parents died 28 days apart. 
+
+There are no wills, no real legal ties to the debt, and my dad left us with a mountain of things that we have nothing to really do with. I could certainly call the banks and just give up the house, and I’m genuinely considering it. My brother has already shrugged and said “so be it” due to his mental health state after losing both of our parents so young, and so the task has mostly been relegated to me. ANYONE please offer any advice and explain like I’m 5 so I don’t get bamboozled, or just let me know if I should walk away.
+Serious question, I've always wondered why should the stock market ever be closed?  I'm arguing for convenience.  I would like to be able to enter positions on the NYSE on a Saturday night when I'm spending time doing research.  It kind of sucks that you have to wait for Monday.  In general, wouldn't it be better for the economy if we kept things open, and provide more money making opportunities?  I don't mean we need someone at ground floor of the NYSE 24/7, but rather to just allow things to operate operate 24/7 rather than having the markets close.
+ 
+
+https://preview.redd.it/x6t0igal6nt91.png?width=950&format=png&auto=webp&s=cb1f7b1cb438e3f1df402915ceda10b5a0131124
+
+​
+
+  
+
+
+[View Poll](https://www.reddit.com/poll/y3av91)
+To clear out the FUD, this is not a unique occurrence GOOG did the **EXACT SAME THING** a *week* before GME did and I haven't heard of any issues, both statements below;
+
+**GME**
+
+https://investor.gamestop.com/static-files/1764b8e4-0e1d-41a6-b502-8c5ab7604dc8
+
+> **On July 5, 2022, the board of directors of GameStop Corp. ("GME") approved a 4:1 stock split to be distributed as 
+a stock dividend (the "Distribution").** The Distribution was made on July 21, 2022 to GME shareholders of record as of July 18, 2022
+(the "Record Date"). Each GME shareholder received three additional shares of GME Class A Common Stock ("New GME Shares")
+for each share of GME Class A Common Stock ("Existing GME Share") held by such shareholder at the Record Date.
+No cash was paid in lieu of fractional shares.
+
+
+**GOOG**
+
+https://abc.xyz/investor/static/pdf/2022Q2_alphabet_earnings_release.pdf?cache=ed395cc
+
+> **Stock Split Effected in the Form of a Stock Dividend (“Stock Split”) On July 15, 2022, the company executed a 20-for-one stock split with a record date of July 1, 2022, effected in the form of a one-time special stock dividend on each share of the company's Class A, Class B, and Class C stock**. All references made to share or per share amounts in this press release have been retroactively adjusted to reflect the effects of the Stock Split.
+There is a free semester of college level, Blockchain/Bitcoin knowledge available in a 20+ part, 1 hour YouTube classroom. It’s called “Blockchain and Money”. I won’t post the link, but enter “MIT OpenCourseWare Bitcoin” and you’ll find it.  I’m on lesson 3 and it’s (surprisingly) not too advanced to understand and I’d recommend it for beginner, intermediate and advanced cryptocurrency enthusiasts.  The class takes place in 2018, after the last market cycle peak and is still very relevant. It’s amazing you can experience this opportunity online without going to MIT or paying for it. I find myself leaving it on while doing housework or laying around outdoors.
+
+If you’re still not “sold”, here’s some interesting points.
+
+1) The class is taught by professor Gary Gensler.  You may (now) know him better as the Chairman of the U.S. Securities and Exchange Commission (SEC) 
+
+2) Sitting in the class is Silvio Micali, a computer scientist and founder of Algorand.  EDIT: I’ve also been told by a commenter that one of the founders of Zcash was in the class, but I haven’t confirmed.
+
+3) Also making visits to the class is Larry Lessig who is the Roy L. Furman Professor of Law at Harvard Law School and the former director of the Edmond J. Safra Center for Ethics at Harvard University
+
+4) This is same information taught to countless numbers of some  influential (and soon to be influential) people in the cryptoverse. 
+
+Check it out!
+I’d love to hear from someone who thought through this. If you plan for four kids: did you do 5 on the bedroom floor? How about square footage? 
+
+I’m also curious if you gave the kids their own bathrooms, had small bedrooms and then a larger communal kids area, or encouraged the kids to share a single bedroom.
+
+Also if there are any realtors: what do buyers want for their kids’ bedrooms at the 6-8M price point?
+I am a HNW w/\~$50m NW and \~$30m liquidity in 40s with three kids 8 - 12 range in HCOL 
+
+The money has come over 20+ years of being an entrepreneur in a narrow category 
+
+The business is healthy and over past decade industry has moved from peripheral-to-mainstream 
+
+This will create massive opportunity over the next 10 years to generate wealth personally and more importantly for our team. Dozens of people will achieve FatFIRE if we play our cards right
+
+I can't wait to take on those challenges and see how far we can take it
+
+**Ok so the rub - as good as biz and life is going, I am a huge social introvert and have a really hard time interacting with other parents in my community or wanting to participate in traditional “let’s hang out” adulting things.** 
+
+Spending time with my kids playing sports, video games, vacationing, music, hanging out, playing with the dogs, etc is the best - I have great work/life balance despite responsibilities 
+
+I actively participate in the community on boards, coach sports, etc to be present in my kids lives in other ways too 
+
+But I’m always the first to leave vs extending or “let’s go grab dinner out” vs the other parents 
+
+And with other dads the goto getting to know one another activities are “let’s go get beers” (I don’t drink), or “let’s go to the ballgame” (I don’t watch), or “let's get together for beers and the game” (haha). 
+
+I get it, I'm the wierdo
+
+I’ve spent the last 20 years hyper focused on being an entrepreneur, I love it. 
+
+It's my core interest, hobby, and focus. 
+
+That's where I want to spend time outside of time with my wife & kids. 
+
+Maybe 20 years focused on that has been like skipping 20 years of leg days haha on being more socialized 
+
+But I wonder if that's right. 
+
+It feels more like I just have divergent interests and problems to solve most of the time that are hard for others to relate to 
+
+I seem to be fine at making friends mostly - my closest friend is my business partner, many of my other close friends are entrepreneurs but don’t have kids in the same circles. 
+
+But even there I also just like time alone
+
+Just a ramble but felt like I needed to write it down after sitting around for 20 mins trying to come up with an excuse not to “go to a ballgame” this weekend with another dad that’s made the invite.
+
+And for context - I've said YES many times. Gone out for beers, ballgames, bbqs, get togethers, hang outs, movie nights, etc. I just don't get much out of it. I'm not sure it's helping the kids. So why bother?
+
+I'd just rather not - what do I do?
+I do understand that this is probably a quick bounce related to the stimulus package. And it might last about a week until the next bigger blood bath starts but why even the canadian stocks react so positively? 
+
+Air Canada is having tons of bad days and the stock is up 20%? Why ? is this just pure FOMO?
+I spent some time checking the long term charts of ZLC and ZAG, a couple of the BMO bond etfs, and they are at multi-year (if not multi decade) lows.  It appears they have already priced in at least a couple of percentage points of interest rate hikes, which may take the bank of canada a year or two to complete.   What’s your opinion?  Are these funds buys at this level? And if not, what level are you waiting for?
+I've posted these same instructions in about 5-6 different threads over the past year and half and have had a number of people thank me after looking at their account and slapping their forehead. I felt it would be prudent to just make a post so it's easier to find when googling.
+
+This seems to be fairly common mistake, but people are opening Vanguard IRA's and then not realizing how to actually allocate the money into an index fund from the settlement fund/money market/short term reserves. I made the same mistake myself for a couple months before realizing the error and had to call Vanguard service to get step-by-step instructions. 
+
+ Vanguard is also fairly un-intutive from a UI standpoint so step by step below on how to do that: 
+
+* Log into your account
+* Go to My Accounts Menu
+* Click on Buy & Sell
+* Click Buy Vanguard Funds
+* on "Where's the Money Going" check the Add another Vanguard Mutual Fund
+* type fund name (for Target 2055 type "VFFVX") in box that appears
+* in the "Buy in Dollars" box type in however much you've currently given to vanguard and is sitting in "Settlement fund" or in "Short Term Reserves"
+* In "Where's the Money coming from?" Select "My Settlement Fund"
+* Click Continue
+
+Fin.
+
+Edit: Whoah, this got popular. I wonder if Vanguard is going to see a sudden uptick tomorrow in it's investment capital...
+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!
+
+Hey Guys, I have just finished grade 12 and am looking at doing a bachelors in economics as the topic interests me and was one of the few subjects I enjoyed at school. A few questions:
+
+1. What are the main careers you can get into with a bachelors of economics and what would you recommend for both enjoyment and salary
+
+2. How essential is coding for a career in economics 
+
+3. Bit of a random one: are American college degrees recognised in Australia, as I may have the opportunity to study overseas
+
+Edit: Thanks so much for all the replies, didn’t expect this many and they’ve all been super helpful
+Hi everyone!
+
+Posting using a different account.
+
+I know we get loads of these types of posts but really would appreciate your advice on my particular situation.
+
+A little bit about me: single woman, late 30s, no kids, work in central London in Finance, £65k salary (10% bonus), currently renting in South London (paying £900 per month). Hoping to have kids and be in a relationship one day (need to find someone first though).
+
+Thinking about buying property to live in but I am not sure where to buy and how far I should stretch myself financially.
+
+Have approx. £45k saved and can potentially save £1.5-£2k a month (if I tighten my belt). Also have access to £5k, if I really really need it!
+
+Based on a recent mortgage Decision In Principle, I can borrow £300k however, as only 85% LTV mortgages are currently available and I only have a £45k deposit, I can only afford a property of £300k (will need to save for the other property-related fees over the coming months).
+
+My dilemma is whether to try and buy a 2/3 bedroom house just outside of London (Looking at Dartford or even Essex; Chelmsford, Gidea Park, Hornchurch) or stay in London and buy a 2 bedroom flat (in a small block or a maisonette) in South East London (looking at South Norwood, Kidbrooke, Lee, hither green; would rather stay away from the likes of Erith, Abbey Wood, Thamsmead) etc). I can easily work from home and have been since the onset of the Covid-19 pandemic, so distance from central London for work isn't too much of a factor.
+
+I would rather avoid buying a leasehold property and the ongoing ESW1 issues but recognise that my options are limited if I want to stay in/close to London.
+
+As a single person with most of my friends and family in South East London, I am not sure how I would manage moving to an area where I don't know anyone. Also, dating and socialising would be much harder for me as it all goes on in central London. 
+
+Additionally, I would potentially look to rent out a room in my property and think that it may be easier if I had a property (albeit, a flat) in London rather than the outskirts (outside of zones 1-6).
+
+I am just very confused about what I should even be considering here, aside from affordability. Also, kind of freaking out about stretching myself to borrow 4.5-4.75 x my salary but feel like I have no other option if I want to stay in/near London.
+
+Anyone in the same situation and/or can offer some advice?
+
+Thanks in advance!
+Apologies if there is a similar thread. I just moved to the UK from the US and was wondering what kind of platform ppl used here to buy stock and shares.  The tax laws here seem to be quite different, and obviously I don't want to get into trouble!  A bit of googling seems to show that some but not all platforms offer these ISA which is tax-free caps a certain amount.  Is that a good thing to use? I have heard plus500, trading212, ig, etoro etc, even my own bank has ISA.  Which one of these are the best, and which one do you use?  Thanks!
+
+Edit:  I am not a US citizen and not yet a UK permanent resident either, but my wife is a UK citizen so she can setup the accounts in the UK for us if needed.
+I'm interested in investing in the above ETF since I think clean energy should have promising growth, especially over the next few years/decade.
+
+I've noticed there was very slow growth until around 2019, and then it went up exponentially, which can't have been sustainable surely. I know some companies such as BP expressed interest and that renewable energy is becoming more and more affordable, especially in the last couple of years. 
+
+In the short-term (i.e. the past couple of months), it's slowed down — perhaps people are backing out of it or not much else has happened in the sector, or there's a correction happening before it stabilises due to the rapid growth. 
+
+Curious to hear what your views and thoughts are regarding the future of this ETF whether it's still a good idea to start investing in it (with potential for much more growth in say the next 5-10 years, or more).
+edit - I came up with a far better title: **Why I YOLO on LLOY**
+
+I have held my Vanguard for three years and since then had read a few books (albeit badly) that inspired me to take some risks: Armchair economist, Freakonomics, Thinking Fast Thinking Slow, 80/20 Principle, Algebra of Happiness, Smarter Investing, somewhat through Intelligent Investor but it's a slow read.
+
+I had never experienced picking individuals and foolishly it was something which I wanted badly enough to open with AJBell this FY. Tbh I regret it so if you're already happy with your Vanguard offerings then I can't say I'm happy to own individual picks now. Hopefully I'll get onto the psychology of why later. 
+
+So why did I pick LLOY? 
+I'm not going to say that I'm ecstatic about it. It was painful to push the button on it. I am extremely bearish (in life not just investing!), this comes from being a millennial, and I am certain that there is a government/company waiting just around the corner to overcharge me for goods and services. 
+
+I did do some quick maths from the tiny fraction my pea brain gleamed from Intelligent Investor:
+
+Assets - 1065.871bn
+Liabilities - 1000.070bn
+Long Term Debt - 143.312bn
+
+1065.871 - (1000.070 + 143.312) = 1065.871 - 1143.382 = -77.511
+
+Lloyds really doesn’t appear to be a good buy. 
+
+But I did so anyway… Somewhat probably from thing's I've not fully understood from Intelligent Investor!
+
+Banks are out of favour. They have been out of fashion as long as I can remember. 
+
+* The financial crisis. The government bailout, which when you look at it now has Barclays comment of 'never took a Govt. bailout' isn't as good after learning that LLOY bought HBOS after being strong-armed by the Govt. for them to learn that there was some weird accounting going on. 
+
+* PPI Scandal - no idea how this got so out of control. It was an amazingly American style campaign that went on as far as reclaiming it went. It very much reminded me of when I was a child and would forever see compo ads on the telly. 
+
+* The FinTech new banks. I have nothing bad to say about this bunch I love them, they are doing the lords work. The industry definitely needs shaking up, I remember the days where my banking app mandated a different keyboard from my Android phone for security purposes, fantastic way to 1. freak people out and 2. ruin the usability of your application. The innovation of usability and access which these FinTech's bring is fantastic. But I'm not going to take a loan out with them, my parents aren't going to be able to take a mortgage out with them, and my parents definitely won't get an account over and above their brick banks. When switching becomes even more effortless nobody will probably be with the same bank for more than a year.
+
+Go on why did you buy it despite all this then? 
+
+Intelligent Investors advice when looking for value is to find companies which are out of fashion but still adequately ran (probably a better word there for adequately). 
+
+This isn't the 2008 financial crisis - we aren't in this mess because the Banks released a deadly virus. But that doesn’t mean that LLOY wasn't heading for failure before this. The stock was performing badly before this storm. The profits we're lower than expected but they had the PPI bill to pay. 
+
+The bank is led by António Horta-Osório - he has led the bank since 2011, nearly 10 years of service. He even took time off for his mental health before it was cool to do so! They're even reducing their emissions by 50% by 2020. Forget Elon, this guy is as fellow kids as they come. 
+
+I'm not worried about the FinTech's yet. I have a few fintech accounts and they're great. I rolled out my joint account in a few clicks. I use it for all my spending. One thing which I think the FinTechs will do better with is getting extremely rich data on their customers spending habits and will therefore be able to sell this to aggregators for a higher price. LLOY have a £3bn digital transformation project which should be completing next year, we'll have to see what they have come up with.
+
+(you can tell I started to give up here)
+LLOY is the leader in the Mortgage market. They even have the Tesco portfolio! Should the country not be able to afford their mortgage bill, I just can't see the government letting it all go. They helped fund this BTL nation through their mortgage interest write offs at the time when rental yields were far higher and so were interest rates! There won't be anyone around to buy the repossessions, all the elderly are dead from Corona, and the youth don’t have any money to buy the houses. I don't think prices can go down to the point at which GenX/Mil can pay for them regardless. The next Govt. handout I can see is an enforced mortgage readjustment by the Govt. to the lenders for as long as borrowers need.
+
+There is probably far more which might back this up, but that doesn’t matter because the answer is that this was a risky buy, I have no doubt there is 10 fold more rationale behind not buying this. Just look at the guy the other day who was selling his WH, 200% what a lucky sole, their website was absolute garbage in a time when everyone is betting online! 
+
+Anyway finally, the psychology behind why I should have stayed with VG. There are no purchase fees! When I buy through AJ and I see that there is a £10 dealing fee I feel a loss. This is mentioned heavily in investment books but I want to talk about the psychology behind it. In Thinking Fast Thinking Slow there is lots of talk about how we as humans react to loss, there are lots of studies mentioned in the book and it is fascinating. The essential take-home point here is that we as humans see loss completely different to gains. You can feel ecstatic finding £5 on the floor but feel a huge sense of dread when a scooter taxi rips you off by £5 in Vietnam and you think about it for the rest of your life! 
+
+If you can gleam one thing from the Bitcoin culture its HODL!
+I'm considering moving to an EU country soon, but I'm hesitant to sell all my stocks. I'm with freetrade and they close your account if you become a tax resident outside the UK. 
+
+If I just... don't tell them...Will they find out somehow?
+Just thinking about some ways to make some cash as a poor uni student, and came upon dividend stripping (not that kind of stripping)
+
+Premise is: 
+Buy a stock about to go ex-dividend, get payed the dividend, sell the stock (probably for a loss, but all okay) and repeat. You end up with a bunch of income, but also a bunch of capital loss, which can just be offset against the gains you make off speccies (I hear it's possible)! Also, you might have a bunch of franking credits too!
+
+Anyone given this a go, or is there something I'm missing (ATO don't hurt me)?
+CRO has an existing partnership with XERO and since XERO is in talks to acquire waddle for A$ 80mil, the customer base for CRO will go up drastically. And this might also explain the raise increase in stock price with no announcements. That said, we've got a half-yearly report coming up this Monday (31th Aug) so strap in everyone!!  
+
+
+New deal:  [https://smallcaps.com.au/xero-acquire-invoice-financing-platform-waddle/](https://smallcaps.com.au/xero-acquire-invoice-financing-platform-waddle/)   
+Announcement calendar:  [https://www.morningstar.com.au/Stocks/CorpCalendar](https://www.morningstar.com.au/Stocks/CorpCalendar)
+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).
+Paypal has a limit of $600 
+Paypal is a shit user experience (UX is crucial in fintech)
+Paypal copying the APT model, Z1Ps is different
+
+Overall the BNPL is a growth sector, a player like PayPal entering the game legitimises it further. 
+
+Finally. Why would a merchant be exclusive to one platform at all? Every website I see has options for all the BNPLs. Its going to come down to user experience, brand trust etc.
+Welcome to the Daily Altcoin Discussion thread of /r/EthTrader. 
+
+***
+
+The thread guidelines are as follows:
+
+-  All sub rules apply here so please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
+-  This thread is intended as a welcome place for discussion of all non-Ethereum related crypto.
+
+***
+
+ Resources and other information:
+
+* Newcomers who have basic questions about Ethereum can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page, [see here](https://www.reddit.com/r/ethtrader/wiki/education).
+
+* To view live streaming comments for this thread, [click here](https://reddit-stream.com/comments/auto).  Account permissions are required to post comments through Reddit-Stream.com.
+
+***
+
+Enjoy!
+
+I'm watching an absolute truck ton of investing videos online, but a lot of them aren't area specific. 
+
+I've been flip-flopping on: Should I just put $100k down on a $150k home and have a decently low mortgage and live a low stress comfortable life, or should I diversify and begin to build a safety net? I ultimately want to have a lower cost of living in the event I lose my job and have to work someone I'd not prefer for half the salary (but can keep my house), live in a 250k home and have a nice 40k car, and if it takes 10 years to get there then so be it. 
+
+Every time I read "How I got started in investing," almost like clockwork someone says they were given money from a will, got a higher paying job, but I'm not that. I'm a slow, low risk, diligent saver. Also single and do not have dual incomes. 
+
+If I talk to anyone in the industry, they immediately want to sell me their book, go visit a "free" seminar that has 1000 catches to pay for some service, etc. I'm all for paid service, but you read about scams every day and it's hard to parse between legit services and non-useful ones. I'd like to try investing but frankly I just don't know who to talk to, who to trust, etc. 
+
+I also don't know good areas around Milwaukee that are worth looking into, what the market is like, etc. I live in Cudahy and hardly find my way to any of the other cities in/around Milwaukee. I look at websites like Zillow every day but I feel like I'm driving a single engine boat in the middle of the ocean with no real indication on where land is. Can anyone give me some pointers? Thanks so much.
+Hello Reddit,
+
+I currently own a $1.6m investment property which I owe $905k on.  
+
+I make +/- $90k annually from my primary jobs($7,500 monthly), and $99k annually in rent ($8,250 monthly).  
+
+Loan on the investment property would be +/- $5,500 a month, and my current rent is $2,500 a month ($8,000 a month total).  I have no other recurring debts - car, student loans, etc.  Credit cards are paid off monthly, so nothing there.  
+
+Keep getting turned down from standard lenders - my bank and credit unions - because I'm told I don't make enough money to justify the loan + my rent.  
+
+Coming here looking for any advice or counsel.  All feedback is welcome!
+
+Are there any lenders out there that primarily deal with investment property loans and would be more lenient on their income to debt ratios that any of you can recommend?
+
+
+EDIT:
+First off - wow, thank you all for taking the time to read this and reply.  Some of you even went through my post history to find info I missed!  I'm floored.  
+
+Answers to questions that I missed the first time posting:
+
+--It's a single family home, though there is an Accessory Dwelling Unit (ADU / in-law suite) on property.
+
+
+--How did I get here?  Pre-Covid I was making more cash, though not absurdly more so (maybe $135-$140k annual wages in better years - I run a few of my own companies).  I got to this point, in a word, incrementally - the house was a complete dump in an amazing area when I bought it and I renovated it over the past handful of years mostly myself thus the gap between what I owe on it and it's worth.  $650k primary mortgage (30 year fixed, 4.25%).  A year later a $150k HELOC to add the ADU (25 year, 5%), then in late 2019 a personal loan for the remaining debt (5 year, 7%) with the intent of finishing up renovations and selling the place.  Renovation wrapped up in early March of 2020 just as the lockdown began so I got little foot traffic and by June had decided to rent the place out instead of selling it.  Renting is about a break-even proposition currently, $8,250 a month in income vs. +/- $7,750 a month in lending costs.  It's been smooth sailing renting, and if I could refinance into one Jumbo it'd be significantly cash positive... thus this post.  
+
+-- Answered more specific posts in line below.
+
+Again, thank you all!
+32, a little beyond "coast-FI", and just started my sabbatical with my new family. Current planned length: until the end of the year, and likely longer after I get there and revisit finances. Wife works from home and handles the income right now, of which we need not much.
+
+​
+
+While not exactly FIRE, it's a good preview into my life would be like if FIRE'd today. My bosses and supervisors were understanding of my decision to leave to become stay-at-home at dad. I believe being on leave for nearly 3 months made the transition out so much easier and much less of a shock to either side. My workplace had become accustomed to doing things without me, and I myself had time to "turn it off". Now I have little to no desire to "turn it back on" - I even  turned down a massive raise to go work elsewhere. Given current circumstances, my time now is so much more valuable than at say 42, 52, or 62 and beyond. I also understand the opportunity cost of taking time off at this age in my career, but YOLO and there's no guarantee of anything in the future. I can only hope and vote for the politicians who will increase the length of parental leave in the country so that all new parents both FI and non-FI can enjoy time and bonding with their little ones without having the pull the plug entirely like I did.
+
+​
+
+Here's the current rough schedule of my current "FIRE life", because babies make having any sort of schedule difficult:
+
+​
+
+* 5:00am-9:00am. Wake up and keep the baby entertained until it goes back down so my wife can catch up on some sleep. Once the baby goes back down, make tea, browse Reddit, check stocks, Bitcoin, etc. Walk to the beach with my long-board and surf. Big wave or little wave it doesn't matter. It's the best to wake up and get my day started.
+* 9:00am-2:00pm. Play with the baby while my wife goes and does a few things out, then once it goes down for a nap,  browse Reddit, check stocks, Bitcoin, etc. Maybe shoot some VR video. And if surfing wasn't possible in the morning, then I may roller-blade on the beach path for 1-2 hours instead.
+* 2:00pm-8:00pm. This part of the day is somewhat difficult and erratic, because the baby can be very moody. Though typically at some point I'll take him out for an hour+ long stroll, keep working on my VR video hobby. The wife and I take turns handling an errands like getting groceries, cleaning up the place. Towards the end of the week I may grab a beer at a bar with a friend for an hour or so. At night if I have energy left after he goes down, I'll just browse the web. Otherwise I usually just crash.
+
+​
+
+Weekends change it up a bit since I have other activities like hockey, volleyball, or tennis that I'm involved with. I have to pick and choose which activities though, because realistically I've only got enough energy in the tank for one activity right now.
+
+​
+
+Lastly, if I can figure out some sort of reliable income scheme in this time I'm taking off, I don't think I will ever go back to a salaried position. So that will certainly be a goal and focus of mine alongside helping raise the little one.
+This is the official $GME Megathread for r/Superstonk. Please keep ALL conversations contained to Gamestop and related topics.
+
+**Not enough karma?** Here's a [**quick guide**](https://zapier.com/blog/how-to-get-karma-on-reddit/) on how to get it.
+
+# [announcements](https://www.reddit.com/r/Superstonk/wiki/index/announcements)
+
+* Make sure to check the Announcements regularly. Large updates will be made as posts using the [**Red Seal of Stonkiness**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%99%8C%F0%9F%92%8E%20Red%20Seal%20of%20Stonkiness%20%F0%9F%92%8E%F0%9F%99%8C%22) or [**Moderator**](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22) flair, but smaller updates will be listed in the Announcements.
+
+## flair links
+
+Check out our [**flair system**](https://www.reddit.com/r/Superstonk/comments/mrwirc/updated_about_and_menu_flair_directory/), which is easily accessible via the sidebar button widget on desktop or the About menu on mobile.
+
+[Daily Discussions](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DAILY%20%F0%9F%93%8A%20Wrinkle%20Brain%20Think%20Tank%22&sort=hot) | [DD](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&sort=hot) | [Possible DD](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&sort=hot
+) | [Discussion](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&sort=hot) | [Question](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Question%20%E2%9D%93%22&sort=hot) | [Education & Data](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&sort=hot) | [News & Media](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&sort=hot) | [MEGA Thread](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22MEGA%20Thread%20%F0%9F%92%8E%22&sort=hot) | [Social Media](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Social%20Media%20%F0%9F%93%B2%F0%9F%A6%9C%22&sort=hot) | [HODL](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22HODL%20%F0%9F%92%8E%F0%9F%99%8C%22&sort=hot) | [Meme](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Meme%20%F0%9F%A4%A3%22&sort=hot) | [Fluff](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Fluff%20%E2%98%81%22&sort=hot
+) | [Opinion](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Opinion%20%F0%9F%91%BD%22&sort=hot
+) | [Shitpost](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Shitpost%20%F0%9F%91%BE%22&sort=hot) | [Art & Writing](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Art%20%26%20Writing%20%F0%9F%8E%A8%22&sort=hot) | [Stonky Pets](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Stonky%20Pets%20%F0%9F%90%B1%E2%80%8D%F0%9F%91%A4%22&sort=hot
+) | [Daily News](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&sort=hot) | [SuperstonkBot](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%A4%96%20SuperstonkBot%22&sort=hot) | [AMA](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22AMA%20%F0%9F%8F%86%22&restrict_sr=1&sort=hot) |
+| [Moderator](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%9A%80%20Moderator%20%F0%9F%9A%80%22&sort=hot
+) | [Red Seal of Stonkiness](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22%F0%9F%99%8C%F0%9F%92%8E%20Red%20Seal%20of%20Stonkiness%20%F0%9F%92%8E%F0%9F%99%8C%22&sort=hot)
+
+# important links
+
+[**SuperstonkBot is now live for anonymous posting**](https://www.reddit.com/r/Superstonk/comments/mtc3rb/superstonkbot_is_live_whistleblowers_welcome/) (with review)
+
+**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)
+
+Please review the [**Superstonk Rules**](https://www.reddit.com/r/Superstonk/wiki/index/rules) before commenting or posting on r/Superstonk.
+
+*Daily discussion threads are created at 4:00 a.m. EDT*
+Hello, 
+
+yesterday, I started listening to Brandon Beavis and I listened to the "10 things I wish I knew before I started investing", once of the point was in regards of cutting your losses. I agree with him. I have 2 stocks [ACB.to](https://ACB.to) ( down 40%) and [Hexo.to](https://Hexo.to) (down 51%)  down combined to  3.5k. I see his point on cutting my losses and put the money on something else, but it is psychological hard as he explains because of the thought I would sell them right away as soon as I break even. 
+
+They in my RRSP and I still keeping investing, so does it make sense to cut my losses now considering the US legalization could give a bump to the weed stocks ? what's your take ? and also how do you process cutting your losses ?
+
+​
+
+thanks
+So I have $5000 in my 401k through my employer. I’m allowed to borrow up to 50% of my own 401k. I also have a credit card with a limit of $2k and a rewards of 1.5%. I think I can keep taking loans against my 401k and paying it back with my credit card. And then I can use my loan to pay off the debt on my card. If I borrow $2k tax free, then I’ll make $30 in profit with no interest from the 401k, cause it is short term and any interest would go into my 401k account too. $30 profit every time I pay with my credit card, and rinse and repeat so I can buy some spy 0 DTE FD calls.
+Guten Tag to this global band of Apes! 👋🦍
+
+Some might question my sanity for getting this excited about the 11% drop yesterday, but they'd be forgetting that I *love* dips, and this particular dip will be getting a large chunk of my last paycheck. If you're not equally jacked, please take a seat and let me tell you a story.
+
+Obviously, the biggest news of the day yesterday came from Facebook missing their earnings, plunging nearly 25% in after-hours trading. Facebook has frequently been named among the primary assets that many of the Institutional Shorts have long positions on, and having some of their most reliable collateral vanish overnight is sure to make avoiding a margin call difficult for them. Also crashing yesterday were PayPal, SnapChat, Square, Shopify, Pinterest, Spotify, and Roku. Combined with Tesla and Netflix having particularly bad starts to 2022, there is no wonder that they needed to attack the price of GME down by borrowing over 1.1m shares to short.
+
+Additionally, the SEC is conducting a closed-door meeting today that looks like someone is going to be getting some bad news. Twitter is showing some suspicious behavior, suppressing tweets and banning accounts that make some of the 'financial establishment' people uncomfortable. The borrow rate has been ticking up, various indicators are showing bullish signs, and Apes continue to HODL with Diamantenhände and DRS shares to safety.
+
+There are many small threads to this story, each unique and interesting in itself. When woven together they are starting to form a tapestry that looks vaguely like a MOASS.
+
+Today is Thursday, February 3rd, 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: **$98.33 / 86,84 €**  *(volume: 1869)*
+- 🟥 115 minutes in: $98.42 / 86,92 €  *(volume: 1849)*
+- 🟥 110 minutes in: $98.44 / 86,94 €  *(volume: 1790)*
+- 🟥 105 minutes in: $98.46 / 86,96 €  *(volume: 1743)*
+- 🟩 100 minutes in: $98.59 / 87,07 €  *(volume: 1562)*
+- 🟥 95 minutes in: $98.38 / 86,88 €  *(volume: 1508)*
+- 🟥 90 minutes in: $98.59 / 87,07 €  *(volume: 1506)*
+- 🟥 85 minutes in: $98.60 / 87,07 €  *(volume: 1433)*
+- 🟥 80 minutes in: $98.62 / 87,09 €  *(volume: 1370)*
+- 🟩 75 minutes in: $98.70 / 87,17 €  *(volume: 1251)*
+- 🟥 70 minutes in: $98.40 / 86,91 €  *(volume: 1206)*
+- 🟩 65 minutes in: $99.04 / 87,47 €  *(volume: 1170)*
+- 🟩 60 minutes in: $98.22 / 86,74 €  *(volume: 1117)*
+- ⬜ 55 minutes in: $98.20 / 86,73 €  *(volume: 1047)*
+- 🟥 50 minutes in: $98.20 / 86,73 €  *(volume: 934)*
+- ⬜ 45 minutes in: $98.25 / 86,77 €  *(volume: 642)*
+- ⬜ 40 minutes in: $98.25 / 86,77 €  *(volume: 637)*
+- 🟩 35 minutes in: $98.25 / 86,77 €  *(volume: 585)*
+- 🟥 30 minutes in: $98.23 / 86,75 €  *(volume: 527)*
+- 🟥 25 minutes in: $98.25 / 86,77 €  *(volume: 521)*
+- 🟥 20 minutes in: $98.27 / 86,79 €  *(volume: 482)*
+- 🟩 15 minutes in: $98.29 / 86,81 €  *(volume: 382)*
+- 🟥 10 minutes in: $98.26 / 86,78 €  *(volume: 310)*
+- 🟩 5 minutes in: $98.27 / 86,78 €  *(volume: 297)*
+- 🟥 0 minutes in: $98.23 / 86,75 €  *(volume: 271)*
+- 🟥 US close price: $100.04 / 88,35 €   *($97.75 / 86,33 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1323. 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!
+Guten Tag to this global band of Apes! 👋🦍
+
+Some might question my sanity for getting this excited about the 11% drop yesterday, but they'd be forgetting that I *love* dips, and this particular dip will be getting a large chunk of my last paycheck. If you're not equally jacked, please take a seat and let me tell you a story.
+
+Obviously, the biggest news of the day yesterday came from Facebook missing their earnings, plunging nearly 25% in after-hours trading. Facebook has frequently been named among the primary assets that many of the Institutional Shorts have long positions on, and having some of their most reliable collateral vanish overnight is sure to make avoiding a margin call difficult for them. Also crashing yesterday were PayPal, SnapChat, Square, Shopify, Pinterest, Spotify, and Roku. Combined with Tesla and Netflix having particularly bad starts to 2022, there is no wonder that they needed to attack the price of GME down by borrowing over 1.1m shares to short.
+
+Additionally, the SEC is conducting a closed-door meeting today that looks like someone is going to be getting some bad news. Twitter is showing some suspicious behavior, suppressing tweets and banning accounts that make some of the 'financial establishment' people uncomfortable. The borrow rate has been ticking up, various indicators are showing bullish signs, and Apes continue to HODL with Diamantenhände and DRS shares to safety.
+
+There are many small threads to this story, each unique and interesting in itself. When woven together they are starting to form a tapestry that looks vaguely like a MOASS.
+
+Today is Thursday, February 3rd, 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: **$98.33 / 86,84 €**  *(volume: 1869)*
+- 🟥 115 minutes in: $98.42 / 86,92 €  *(volume: 1849)*
+- 🟥 110 minutes in: $98.44 / 86,94 €  *(volume: 1790)*
+- 🟥 105 minutes in: $98.46 / 86,96 €  *(volume: 1743)*
+- 🟩 100 minutes in: $98.59 / 87,07 €  *(volume: 1562)*
+- 🟥 95 minutes in: $98.38 / 86,88 €  *(volume: 1508)*
+- 🟥 90 minutes in: $98.59 / 87,07 €  *(volume: 1506)*
+- 🟥 85 minutes in: $98.60 / 87,07 €  *(volume: 1433)*
+- 🟥 80 minutes in: $98.62 / 87,09 €  *(volume: 1370)*
+- 🟩 75 minutes in: $98.70 / 87,17 €  *(volume: 1251)*
+- 🟥 70 minutes in: $98.40 / 86,91 €  *(volume: 1206)*
+- 🟩 65 minutes in: $99.04 / 87,47 €  *(volume: 1170)*
+- 🟩 60 minutes in: $98.22 / 86,74 €  *(volume: 1117)*
+- ⬜ 55 minutes in: $98.20 / 86,73 €  *(volume: 1047)*
+- 🟥 50 minutes in: $98.20 / 86,73 €  *(volume: 934)*
+- ⬜ 45 minutes in: $98.25 / 86,77 €  *(volume: 642)*
+- ⬜ 40 minutes in: $98.25 / 86,77 €  *(volume: 637)*
+- 🟩 35 minutes in: $98.25 / 86,77 €  *(volume: 585)*
+- 🟥 30 minutes in: $98.23 / 86,75 €  *(volume: 527)*
+- 🟥 25 minutes in: $98.25 / 86,77 €  *(volume: 521)*
+- 🟥 20 minutes in: $98.27 / 86,79 €  *(volume: 482)*
+- 🟩 15 minutes in: $98.29 / 86,81 €  *(volume: 382)*
+- 🟥 10 minutes in: $98.26 / 86,78 €  *(volume: 310)*
+- 🟩 5 minutes in: $98.27 / 86,78 €  *(volume: 297)*
+- 🟥 0 minutes in: $98.23 / 86,75 €  *(volume: 271)*
+- 🟥 US close price: $100.04 / 88,35 €   *($97.75 / 86,33 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1323. 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!
+Guten Tag to all of you Great Apes around the world! 👋🦍
+
+Today marks the end of another week in the GME saga. Yesterday was certainly an interesting day - there didn't seem to be a clear need for them to try to drive the price down, but yet they did. It makes me wonder if they are having a harder and harder time staying above the margin call threshold. Either way, with today being a T+35 after another big options date, I am eager to see if they're able to suppress the price again. To all of the apes who are weary of the continued drop in price - I know it can be challenging to HODL. Many people like to say that HODLing is easy, and while that might be true for some, it is definitely not true for most Apes. The good news is that the DD continues to be solid. The MOASS continues to be inevitable. The shorts *still* must close their short positions. We will get there, and it will be because of our Diamantenhände and the support we give each other.
+
+Today is Friday, August 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: **$153.94 / 131,38 €**  *(volume: 821)*
+- 🟥 115 minutes in: $154.29 / 131,68 €  *(volume: 775)*
+- 🟥 110 minutes in: $154.52 / 131,88 €  *(volume: 771)*
+- 🟩 105 minutes in: $155.01 / 132,29 €  *(volume: 653)*
+- ⬜ 100 minutes in: $154.74 / 132,06 €  *(volume: 338)*
+- 🟩 95 minutes in: $154.74 / 132,06 €  *(volume: 337)*
+- 🟩 90 minutes in: $154.73 / 132,05 €  *(volume: 336)*
+- 🟥 85 minutes in: $154.41 / 131,78 €  *(volume: 291)*
+- 🟩 80 minutes in: $154.66 / 131,99 €  *(volume: 291)*
+- 🟥 75 minutes in: $154.51 / 131,86 €  *(volume: 224)*
+- 🟩 70 minutes in: $154.67 / 132,00 €  *(volume: 219)*
+- 🟩 65 minutes in: $153.53 / 131,02 €  *(volume: 208)*
+- 🟥 60 minutes in: $153.41 / 130,92 €  *(volume: 195)*
+- 🟩 55 minutes in: $153.43 / 130,94 €  *(volume: 179)*
+- 🟥 50 minutes in: $153.32 / 130,85 €  *(volume: 160)*
+- ⬜ 45 minutes in: $153.38 / 130,90 €  *(volume: 147)*
+- 🟩 40 minutes in: $153.38 / 130,90 €  *(volume: 147)*
+- 🟥 35 minutes in: $153.35 / 130,88 €  *(volume: 114)*
+- 🟩 30 minutes in: $153.47 / 130,97 €  *(volume: 93)*
+- 🟥 25 minutes in: $153.38 / 130,90 €  *(volume: 83)*
+- 🟥 20 minutes in: $153.46 / 130,96 €  *(volume: 62)*
+- 🟩 15 minutes in: $153.48 / 130,99 €  *(volume: 62)*
+- ⬜ 10 minutes in: $153.38 / 130,90 €  *(volume: 58)*
+- ⬜ 5 minutes in: $153.38 / 130,90 €  *(volume: 55)*
+- 🟩 0 minutes in: $153.38 / 130,90 €  *(volume: 52)*
+- 🟥 US close price: $152.90 / 130,49 €   *($153.71 / 131,18 € 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 1.17174913. I wrote and maintain a C# application that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't just a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+​
+
+https://preview.redd.it/nj2jycv89zl71.png?width=733&format=png&auto=webp&s=0b1591a1142ee44dd47b4d5138d8dc2f2bad8623
+
+https://preview.redd.it/bo5yhzu89zl71.png?width=708&format=png&auto=webp&s=bacee35a987c894ea5a15ae9199d1ce0a098bc67
+
+https://preview.redd.it/08mn3yu89zl71.png?width=679&format=png&auto=webp&s=84ea5537e6067af0720744109120e98a55e47332
+
+https://preview.redd.it/q1nu7qv89zl71.png?width=584&format=png&auto=webp&s=3bed232878f573139d250773ab7227842f8651ce
+
+https://preview.redd.it/er1rn7v89zl71.png?width=407&format=png&auto=webp&s=46abd85e7fc42f0bde78f4a8ed9e7b905061dc32
+
+https://preview.redd.it/akoz3vv89zl71.png?width=388&format=png&auto=webp&s=3294793f7cc8a71fac2ec15bbbffb88fefaa9c4e
+
+https://preview.redd.it/orp163v89zl71.png?width=724&format=png&auto=webp&s=4febeec992277a3c5f8838f5b8e61ccdc29d3d78
+
+https://preview.redd.it/tnyn96v89zl71.png?width=679&format=png&auto=webp&s=c1020195faada0de8e8a9f7f478f0e0ad448122c
+
+https://preview.redd.it/jmq3b7v89zl71.png?width=726&format=png&auto=webp&s=5f934cb81d4c9a226c95f75dd356cc5176637634
+
+https://preview.redd.it/m7o0g5v89zl71.png?width=607&format=png&auto=webp&s=ad74119e777e0f3cc1a1cd6a51f3e21cf1d59959
+
+SafeMoons Community currently has a Meltdown Realizing that They have been Fooled:
+
+​
+
+After giving multiple misleading excuses for why their app was delayed for so long, the community realizes that something is wrong. They seem to realize that the developers are more than shady and they have been "lied to and toyed with".
+
+​
+
+See how they are all positively received? This has never ever happened before in their history, they were always censored for telling the truth, now it seems to be reverse.
+
+​
+
+And this is a good thing for the whole cryptocurrency ecosystem and its future
+For a subreddit that likes to quote Warren Buffet it sure seems like almost nobody actually thinks like a business man. 
+
+Almost everyone on this sub is either mindlessly investing in the market, concerning themselves with macro headlines or talking about investment strategies. I can't remember last time I've seen a business breakdown on this sub. 
+
+There is legitimately more useful business analysis on Wallstreetbets than on this sub.
+1. When your trading and are in a groove keep going. Don't think about your profit don't think about placing a loosing trade. Just keep going. If at anytime you start feeling nervous about ruining your profits take a break or jump into practice. 
+
+2. If things start looking to good to be true, your seeing the movement. Not if its 1 trade but if your noticing your edge come up frequently and think to your self, it can't be that easy. It can. The market doesn't choose how its going to present it self it just does. 
+
+3. If you have 1 loosing trade take a break. The chances that your seeing wrong is high. You need a mental reset jump in sim mode and play around. No need to go haywire and ruin all of your hard work. The probabilities that you will loose 3 -4 in a row is very high at this point. 1 hour can be enough and only you will know when its time to jump back in. 
+
+4. Don't be fooled by your self. You need to have a reason every trade that you take. It can be something small like an ema, momentum, support / resistance, liquidity zones, whale spotted, etc any one of those things can be sufficient to place a winning trade. The market doesn't like to give you to much to base a trade on. But you atleast need to have something that you can explain to someone else after, on why you took a trade. 
+
+5. Find a trading buddy. Trading with 2 heads is better than one. When 2 people are seeing the same thing chances of a winning trade is much higher. This is harder then it sounds because everyone analyzes the market differently but a big percentage of the time if your both noticing something that is a clear edge. 
+
+6. Take what the market gives you, stop swinging for the fence. The market is designed to get in and out quickly and you can follow your plan taking 6 trades over 1 and this puts your probability at a higher rate and gives you the same exposure. 
+
+7. Trade with your eyes not your mind. It should be automatic after a while where your saying its going down. Its going up. You dont even know how or why because your analyzing things your not thinking about. Next time you get in this pattern (mostly when your in a trade). Follow your instincts and play the market. Don't get trapped in trading an idea. This is how you loose money 60% or more of the time. I hear you thinking now "but I predicted it on this good trade". Yea But your pnl is negative over the month. So your not playing this game the way it was designed to be played. 
+
+
+Just some math from working with a few different traders over the years. These are patterns we all fall victim to and learning them can help dramatically with pnl.
+[Link here](https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/portfolio-insights/ltcma/ltcma-full-report.pdf)
+
+[Briefs here](https://am.jpmorgan.com/us/en/asset-management/institutional/insights/portfolio-insights/ltcma/executive-summary/)
+
+My personal takeaways: 60/40 is still okay-ish as in 2021. Higher returns can be achieved via:
+
+1. PE (private equity, not widely accessible to individual investors AFAIK other than SPAC)
+2. Global Transport (Cannot find a corresponding ETF. Perhaps https://www.blackrock.com/americas-offshore/en/products/299086/blackrock-future-of-transport-fund but given that it's a UCITS fund US investors need to purchase via a fund manager)
+3. Value-add real-estate (Fundrise provided a value-add fund to accredited investors)
+4. Global infrastructure ($IGF)
+5. Direct landing (Yieldstreet? Worth checking the fee structure and the underlying products)
+6. EM debt (tons of closed-end funds and ETFs)
+
+Overall it's a very detailed a report covering lots of topics including inflation, crypto, tax hikes and 60/40 for 2022 with statistics. Highly recommend giving it a read.
+I withdrew $40,000 from my Roth IRA which was opened in 2014 and were contributions only (no withdrawal of gains). In my 1099-R form it indicates code J which is an early withdrawal with no known exceptions.
+
+Going through Turbotax it increased my state amount owed by $2,000 and $0 for Federal.
+
+I've searched online and lots of people had this question but it never gave clear guidance on what to do. Should I call Vanguard to re-send the form with the code updated to indicate code Q which is a qualified distribution?
+
+Edit. State is NJ
+The browser extension "GasNow" available for Chrome/Brave allows you to easily keep track of ETH gas price and set up alerts. It has been downloaded by 10 000+ users, ranking it the second most dowloaded gas tracker extension.
+
+While usefull, a few days ago the extension was updated :
+
+This extension now asks you to be able to **have access and modify what's in your clipboard**.
+
+This is a **MAJOR security flaw**. Basically if you copy a wallet address to transfer funds, this extension can now identify this address and switch it with another one when you paste it, which will result (if you don't check what you are pasting) in **your funds being sent to another address, and thus, stolen.**
+
+# If you are currently using this extension, uninstall it ASAP !!! 
+
+If you are not using it, but another similar one, check the permissions you granted because there is a lot of other extensions using this technique...
+
+
+**Edit** : This permission has been deleted.
+Have a look at u/Snarkie3 comment that shares a statement from GasNow team about this matter https://www.reddit.com/r/CryptoCurrency/comments/nv25pc/-/h10wdyd
+My bank account was made when I was 16 so he had to co-sign at the time. Now four years later he has been taking money from my checking account for his personal needs. I don’t want him to be able to do this, instead he should ask me and I would gladly give it to him. 
+
+Anyways, I went to the bank and asked to separate it so I was the only one on the account and they told me my Dad needs to do this for me. So I asked him to authorize it for me and he said no. 
+
+What can I do? Should I open a new account and just transfer my balance?
+52Wk High: $3041
+AH close (2/1): $3013 ($150.65)
+Pre (2/2): $3041 ($152.05)
+
+Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company's quarterly earnings statement.
+
+The move comes a year and a half after Apple said it would split its stock.
+
+Alphabet intends to split the Class A, Class B and Class C shares of the stock, according to the earnings statement. The change requires shareholder approval. Each shareholder at the close of business on July 1 will receive, on July 15, 19 additional shares for each share of the same class of stock they own.
+
+Shares of Alphabet stock have become expensive, at over $2,750 each at the time of market close on Tuesday, having doubled since May 2020.
+
+[Source](https://www.cnbc.com/amp/2022/02/01/google-parent-alphabet-announces-20-for-1-stock-split.html)
+
+Edits: Price movements updates
+Scaring people into selling by aggressively dropping the price is the only play they've got. 
+
+And it's simply not working. 
+
+In theory, every short will be a future buyer and whilst we know this isn't always the case thanks to FTDs etc, when you refuse to sell them back the shares they've sold for peanuts there may well be fireworks.
+
+I don't how long it will take for true price discovery to happen, but I know I'll kick myself if I don't load up on as many shares as I physically can at these ridiculous prices. Sure they could dip it further, but my game plan is to keep buying no matter what the price. 
+
+This is one war they don't get to win. 
+
+Direct registering shares so that they are in your own name and can't be lent out is the kill shot. A lower price just means the float gets locked sooner so I'm choosing to be greedy and not fearful.
+
+Afterall, why would a fake price scare me when I've no intention of selling for anything less than generational wealth?
+
+TLDR: Buy. DRS. Hodl.
+This subreddit has over 1.2m members and while I am lucky enough to be set financially I was curious when I came across it. 
+
+It is unbelievable that this is where we are in this day and age. So many stories from people who can’t afford the basics like food and shelter…
+
+It seems like I live a sheltered life in my bubble consisting of people who are all well off and don’t intersect with stories like these on a daily basis. 
+
+What needs to happen for things to get better at scale? This is not ok
+My parents and aunt have gotten themselves into huge financial trouble. 
+
+Currently, they owe around 350k on the house and have missed repayments totalling to 30k and have been given notice to vacate the house within the week if they cannot make the 30k repayment. Originally the debt was about half but they had decided to build a granny flat on the property back in 2017 and refinanced the house on another 15 year loan, at first they were able to make the repayments when my dad and aunt were working but he no longer works due to illness, mum cannot work due to disability and my aunt only works part-time so she isn’t making enough to cover the $3200 monthly repayments. 
+
+They have asked me [F/27] if I could take on the mortgage of 350k. They have said they’ll change the house into my name and will help with the monthly repayments. 
+
+My 2 sisters and I still live here but I really do not want to do this as: 
+
+1. I only make around 50k/yr 
+
+2. It is a HUGE responsibility on me and will impact me greatly in the future financially or if I ever wanted to buy a house plus I still have a car loan and student loans to pay off. 
+
+However, if I don’t do this my family is going to lose their home. I’m at a lost at what to do because I don’t want my family to essentially be homeless but I also don’t want to take on this financial burden.
+I've always wanted to create an organization that reflected how I thought a small organization should be run. Half Messiah complex and half curiosity about how I would do.
+
+But hitting FIRE was more important, and my belief was that my employee salary and investments would give me a much higher probability of success than starting my own organization. So, I chose the career path which over the years ended up becoming a fatFIRE amount. I'm still working now. 
+
+There's still that itch though.
+
+I've been toying around with quitting and starting my own thing. I don't want to jeopardize fatFIRE because of a self-actualization nagging. So, I would set aside a max of say $400K to self-fund. 
+
+The worst-case (likely?) scenario is that I lose $400K which would definitely sting, but I would still meet my fatFIRE cutoff. I could consider that itch scratched.
+
+The best case scenario is that ~~instead of a Dark Lord, you would have a queen, not dark but beautiful and terrible as the dawn!~~, I create something interesting. So long as the organization is self-sustaining, I think that I'd be pretty happy.
+
+But a part of me says that I worked all these years just so I could quit my "last" job...to do more work...for personal fulfillment? That part also chastises me for being so unimaginative that I can't find more fulfilling uses of my time that doesn't involve my losing a few hundred thousand. 
+
+How many of you ended up considering something similar? And for those who did and it didn't work out, was it worth it?
+My financial planner has always seemed like a good guy.  They are recommending "A" shares, and for portfolios less than $50,000, they are telling me the commission rate would be 5.75%.  This seems way too high to me.  Any advice?
+
+EDIT:  Thanks for the advice.  It's very much appreciated, and I'm learning a lot from r/personalfinance.  
+Have you ever spent a disproportionate amount of time to save a measly amount of money? Do you regret spending that time?
+Or alternatively, if you chose/are choosing not to spend time to save this money.
+Interested to hear everybody's experiences.
+
+Personally, I do way too much research and product comparisons when buying relatively cheap things.
+42, $4M NW, married w/ kids. Plan to retire in an LCOL area where I grew up (so I can stay close with family).
+
+4M was my very first FatFIRE goal and it's hard for me to ever imagine that I ever hit the goal 10 years ago. Our family budget is to spend 120\~160k annually, 140k on average.
+
+I'm hesitant to pull the trigger because I have figured out a way to coast by working about 30 hours a week and making $800k\~1M after-tax (or 1.5M\~2M pre-tax) annually (mostly due to the lucky RSU appreciation in the last 12 months). Moreover, the world may need much more time to be fully reopened (Delta variant).
+
+If someone pulls the trigger for me, say, my boss letting me go, I will just start my FIREed life. I'm in a stage that I can say no or ignore (most) people I don't want to work with. Though I have been in the rat race so long and thus my tolerance level is high LOL.
+
+I force myself to write down when I will start my freedom, here is my list. (Hitting one of them is enough)
+
+* It's (mostly) safe to travel the world.
+* I can't sleep well at night due to work pressure or whatever reasons that a FIRE life could help me sleep better.
+* 2023 June. I'd take a year off to force myself A/B-test FIRE even I'm contented at my work-life. (Most lucky-RSU-appreciation being fully vested by then)
+* My after-tax income is <10% of my NW.
+
+I'm waiting for a good reason/moment to pull the trigger. **I'm curious to learn from those who voluntarily pull their triggers, how can you tell that it's the moment?** **What made you pull the trigger?**
+Burry keeps making predictions and then nukes his account (deletes all his tweets) when he is wrong.
+
+Yesterday he has started tweeting again, posting a few screenshots of old mails from 2005 implying it can take a while (3 years) for his predictions to come true.
+
+Tweet from yesterday: [1](https://twitter.com/michaeljburry/status/1437099210185138177)
+And today: [2](https://twitter.com/michaeljburry/status/1437454770130718722?s=20)
+
+**Update:** he nuked his account again, but his tweets are still archived here: https://twitter.com/BurryArchive
+Figured I would try to help some of the college kids out. I am by no means a lifelong trader, though I have been successful in my short career...maybe 4 years now? The stress of figuring out what to do in your life and how to start out is fresh in my mind.
+
+Edit 1: About time for me to head home. Yes, I was trading throughout this. Actually, today was one of my worst days in a few months, so cheers to that. It's a rollercoaster of a life, but one that I love. Tomorrow's another day. When I get home I'll try to answer a few more before I begin trading the night sesions....so if not, more tomorrow. Thanks guys, was fun.
+A year ago, before Facebook had turned [Meta](https://www.cnbc.com/quotes/META), the social media company was sporting a market cap of [$1 trillion](https://www.cnbc.com/2021/06/28/facebook-hits-trillion-dollar-market-cap-for-first-time.html), putting it in rarefied territory with a handful of U.S. technology giants.
+
+Today the view looks much different. Meta has lost about two-thirds of its value since peaking in September 2021. The stock is trading at its [lowest](https://www.cnbc.com/2022/09/16/meta-shares-plunged-14percent-this-week-falling-close-to-their-pandemic-low.html) since January 2019 and is about to close out its third straight quarter of double-digit percentage losses. Only four stocks in the [S&P 500](https://www.slickcharts.com/sp500/performance) are having a worse year.
+
+Facebook’s business was built on network effects — users brought their friends and family members, who told their colleagues, who invited their buddies. Suddenly everyone was convening in one place. Advertisers followed, and the company’s ensuing profits — and they were plentiful — provided the capital to recruit the best and brightest engineers to keep the cycle going.
+
+But in 2022, the cycle has reversed. [Users are jumping ship](https://www.cnbc.com/2022/02/02/facebook-parent-meta-fb-q4-2021-earnings.html) and advertisers are reducing their spending, leaving Meta poised to report its second straight drop in quarterly revenue. Businesses are removing Facebook’s once-ubiquitous [social login button](https://www.cnbc.com/2022/09/08/facebook-login-button-disappearing-from-websites-on-privacy-concerns.html) from their websites. Recruiting is an emerging challenge, especially as founder and CEO [Mark Zuckerberg](https://www.cnbc.com/mark-zuckerberg/) spends much of his time proselytizing the metaverse, which may be the company’s future but accounts for virtually none of its near-term revenue and is costing billions of dollars a year to build.
+
+Zuckerberg [said](https://about.fb.com/news/2021/10/founders-letter/) he hopes that within the next decade, the metaverse “will reach a billion people” and “host hundreds of billions of dollars of digital commerce.” He [told](https://www.cnbc.com/2022/06/22/mark-zuckerberg-envisions-1-billion-people-in-the-metaverse.html) CNBC’s Jim Cramer in June that the “North Star” is to reach those sorts of figures by the end of the decade and create a “massive economy” around digital goods.
+
+Investors aren’t enthusiastic about it, and the way they’re dumping the stock has some observers questioning if the downward pressure is actually a [death spiral](https://twitter.com/heychriscurtis/status/1555934959877074944) from which Meta can’t recover.
+
+“I’m not sure there’s a core business that works anymore at Facebook,” said Laura Martin of Needham, the only analyst among the 45 tracked by FactSet with a sell rating on the stock.
+
+Nobody is suggesting that Facebook is at risk of going out of business. The company still has a dominant position in mobile advertising and has one of the most profitable business models on the planet. Even with a 36% drop in net income in the [latest quarter](https://www.cnbc.com/2022/07/27/facebook-parent-meta-earnings-q2-2022.html) from the prior year, Meta generated $6.7 billion in profit and ended the period with over $40 billion in cash and marketable securities.
+
+The Wall Street problem for Facebook is that it’s no longer a growth story. Up until this year, that’s the only thing it’s known. The company’s slowest year for revenue growth was the pandemic year of 2020, when it still expanded 22%. Analysts this year are predicting a revenue drop.
+
+The number of daily active users in the U.S. and Canada has fallen in the past two years, from 198 million in mid-2020 to 197 million in the second quarter of this year. Globally, user numbers are up about 10% over that stretch and are expected to increase 3% a year through 2024, according to FactSet estimates.
+
+“I don’t see it spiraling in terms of cash flows in the next few years, but I’m just worried that they’re not winning the next generation,” said Jeremy Bondy, CEO of app marketing firm Liftoff.
+
+Sales growth is expected to hover in the single digits for the first half of 2023, before ticking back up. But even that bet carries risks. The next generation, as Bondy describes it, is now [moving over to TikTok](https://www.cnbc.com/2022/04/29/tiktok-looms-large-in-tech-earnings-from-google-facebook-amazon.html), where users can create and view short, viral videos rather than scrolling past political rants from distant relatives with whom they mistakenly connected on Facebook.
+
+Meta has been trying to mimic TikTok’s success with its short video offering called Reels, which has been a major focus across Facebook and Instagram. Meta plans to increase the amount of algorithmically recommended short videos in users’ Instagram feeds from 15% to 30%, and Bondy speculates the company will likely “get tremendous revenue flow from that” algorithmic shift.
+
+However, Facebook acknowledges it’s early days for monetizing Reels, and it’s not yet clear how well the format works for advertisers. TikTok’s business remains opaque because the company is privately held and owned by China’s ByteDance.
+
+[Sheryl Sandberg](https://www.cnbc.com/sheryl-sandberg/), who’s [leaving](https://www.cnbc.com/2022/06/01/facebook-coo-sheryl-sandberg-says-she-is-stepping-down.html) the company Friday after more than 14 years as chief operating officer, said in her final earnings call in July that videos are harder than photos in terms of ads and measurement, and that Facebook has to show businesses how to use the ad tools for Reels.
+
+“I think it’s very promising,” Sandberg said, “but we’ve got some hard work ahead of us.”
+
+Skeptics such as Martin see Facebook pushing users away from the core news feed, where it makes tons of cash, and toward Reels, where the model is unproven. Martin says Zuckerberg must know something important about where the business is headed.
+
+“He wouldn’t be hurting its revenue at the same time he needs more money, unless he felt like the core business wasn’t strong enough to stand alone,” Martin said. “He must feel he has to try to move his viewership to Reels to compete with TikTok.”
+
+A Facebook spokesperson declined to comment for this story.
+
+Zuckerberg has at least one major reason for concern beyond just stalled user growth and a slowing economy: [Apple](https://www.cnbc.com/quotes/AAPL).
+
+The 2021 iOS privacy update, called App Tracking Transparency, undermined Facebook’s ability to target users with ads, costing the company an estimated [$10 billion](https://www.cnbc.com/2022/02/02/facebook-says-apple-ios-privacy-change-will-cost-10-billion-this-year.html) in revenue this year. Meta is counting on artificial intelligence-powered advertising to eventually make up for Apple’s changes.
+
+That may amount to little more than a Band-Aid. Chris Curtis, an online marketing expert and consultant, has seen social networks rise and fall as trends change and users move along. And that problem isn’t solvable with AI.
+
+“I’m old enough, and I was there when MySpace was a thing,” said Curtis, who previously worked at [Anheuser-Busch](https://www.cnbc.com/quotes/BUD) and McKinsey. “Social networks are switchable, right?”
+
+When you look at Meta’s user numbers, Curtis said, they suggest the company is “not in a good position.”
+
+## ‘Force for good or evil’
+
+The last time Facebook’s market cap was this low, it was early 2019 and the company was dealing with the continued fallout of the [Cambridge Analytica](https://www.cnbc.com/2018/04/10/facebook-cambridge-analytica-a-timeline-of-the-data-hijacking-scandal.html)privacy scandal. Since then, Facebook has suffered further reputational damage, most notably from the documents leaked last year by whistleblower and former employee [Frances Haugen](https://www.cnbc.com/2021/10/04/facebook-whistleblower-reveals-identity-ahead-of-60-minutes-interview.html).
+
+The main takeaway from the Haugen saga, which preceded the name change to Meta, was that Facebook knew of many of the harms its products caused kids and was unwilling or unable to do anything about them. Some U.S. senators compared the company to [Big Tobacco](https://www.cnbc.com/2021/09/30/senators-say-facebook-used-big-tobacco-playbook-to-exploit-kids.html).
+
+[Denise Lee Yohn](https://deniseleeyohn.com/), author of brand-building books including “What Great Brands Do” and “Fusion,” said there’s little evidence to suggest that Facebook’s rebranding to Meta late last year has changed public perception of the company.
+
+“I think the company still suffers from a lot of criticism and skepticism about whether they are a force for good or evil,” Yohn said.
+
+Rehabilitating a damaged brand is difficult but not impossible, Yohn said. She noted that in 2009, [Domino’s Pizza](https://www.cnbc.com/quotes/DPZ) was able to successfully come back from a crisis. In April of that year, a video made as a [prank](https://www.nytimes.com/2009/04/16/business/media/16dominos.html) by two restaurant employees went viral, showing one of them doing disgusting acts with food while cooking in one of the company’s kitchens. Both employees were arrested and charged with food contamination.
+
+In December 2009, Domino’s launched a marketing blitz called the [“Pizza Turnaround.”](https://blog.unincorporated.com/dominos-brand-crisis) The stock climbed 63% in the first quarter of 2010.
+
+Yohn said the company’s approach was, “We’ve been told our pizzas suck, and so we’re actually going to make substantive changes to what we are offering and change people’s perceptions.” While it sounded initially like “just marketing speak,” Yohn said, “they actually really did change.”
+
+Zuckerberg, on the other hand, is not “coming across as a leader who is serious about changing his culture and about changing himself and about kind of creating a company that will be able to step into the future that he’s envisioning,” she said.
+
+Meta’s reputational hit could also harm the company’s ability to recruit top-tier talent, a stark contrast to a decade ago, when there was no more prized landing spot for a hotshot engineer.
+
+A former Facebook ad executive, who spoke on condition that his name not be used, told CNBC that even though TikTok is owned by a Chinese parent, it now has an edge over Meta when it comes to recruiting because it’s viewed as having less “moral downside.”
+
+[Ben Zhao](https://people.cs.uchicago.edu/~ravenben/), a computer science professor at University of Chicago, said he’s seeing that play out on the ground as an increasing number of students in his department are showing interest in working for TikTok and ByteDance.
+
+In order to stay competitive, given how the market has punished tech stocks this year, Zhao said, Meta and [Google](https://www.cnbc.com/quotes/GOOGL) are “having to pay more and are having certainly to hand out more lucrative stock options and packages.”
+
+## The bull case
+
+Still, Zuckerberg has a history of proving his doubters wrong, said Jake Dollarhide, the CEO of Longbow Asset Management in Tulsa, Oklahoma.
+
+Dollarhide remembers when investors ran from Facebook not long after its 2012 IPO, scoffing at the company’s ability to move “from the PC to the mobile world.” Facebook’s mobile business quickly caught fire and by late 2013, the stock was off to the races.
+
+Zuckerberg’s success in pivoting to mobile gives Dollarhide confidence that Meta can cash in on its bet-the-farm move to the metaverse. In the second quarter, Meta’s Reality Labs division, which houses its virtual reality headsets and related technologies, generated $452 million in revenue, about 1.5% of total Meta sales, and [lost $2.8 billion](https://www.cnbc.com/2022/07/27/meta-reality-labs-lost-2point8-billion-in-q2-2022.html#:~:text=Meta%20lost%20%242.8%20billion%20on%20its%20virtual%20reality%20ambitions%20during%20Q2,-Published%20Wed%2C%20Jul&text=Facebook%20parent%20Meta%20lost%20%242.8,the%20quarter%20ending%20in%20June.).
+
+“I think Zuckerberg is very bright and very ambitious,” said Dollarhide. “I wouldn’t bet against Zuckerberg just like I wouldn’t bet against [Elon Musk](https://www.cnbc.com/elon-musk/).”
+
+Dollarhide’s firm hasn’t owned Facebook shares, though, since 2014, preferring the trajectory of tech companies such as Apple and [Amazon](https://www.cnbc.com/quotes/AMZN), two of his top holdings.
+
+“The reality is they can be perceived as a value company and not a growth company,” Dollarhide said, regarding Meta.
+
+No matter what happens in the next year or two or even three, Zuckerberg has made clear that the future of the company is in the metaverse, where he’s banking on new businesses forming around virtual reality.
+
+Zhao, from University of Chicago, says there’s immense uncertainty surrounding the metaverse’s prospects.
+
+“The real question is — are daily users ready for the metaverse yet?” Zhao said. “Is the underlying technology ready and mature enough to make that transition seamless? That’s a real question and that may not be all up to Facebook or Meta at this point.”
+
+If Zuckerberg is right, perhaps 10 years from now Meta’s stock price from the depths of 2022 will look like the discount of the decade. And if that happens, predictions of a death spiral will be mocked like a 2012 [cover story from Barron’s](https://ritholtz.com/2012/09/barrons-covers-story-facebook-worth-15/), headlined “Facebook is worth $15” with a thumb pointing down. Four years later, it was trading near $130.
+
+[https://www.cnbc.com/2022/09/30/facebook-scrambles-to-escape-death-spiral-as-users-flee-sales-drop.html](https://www.cnbc.com/2022/09/30/facebook-scrambles-to-escape-death-spiral-as-users-flee-sales-drop.html)
+Hey all, I just wanted to check in and update you all about the last month.
+
+Immediately after I posted here I was signposted towards private banking. They were all skeptical at first but within a day I had managed to open a bank account, had my cheque personally collected from my house and a charge card setup with the bank. 
+
+Not much has happened since then, I’ve spent the last 4 weeks without any contact with the outside world really. As per advice I’ve started treatment for my gambling addiction and right now I don’t have the compulsion to gamble but I’m not cured and I know it won’t stay this way forever, I’m still continuing treatment as an outpatient right now.
+
+I’ve managed to get funds managed by a wealth manager currently but nothing invested it’s something that I can’t get my head round yet. As per my request I’ve been blocked from any large purchases or cash transactions but I’m fully aware that if I wanted to do this there is essentially nothing they can do to stop me.
+
+My next stages are to put the majority of my funds into a trust. All my payments right now are on a charge card so no online gambling is available to me which is a huge deterrent.
+
+Sorry there’s not much to update at this point but thank you for your advice last month. It’s a small way onto my path to recovery and regaining control of my life. Also I’ve not told any family members or friends.
+Good Morning Future Dillionaires!
+
+It's me pickle guy here with another day of market fuckery. Yesterday the SHF dumped about 330,000 shares at around 2:45 in what has been the most concentrated effort to drop the price that I've seen since the 10th. It didn't do much however as we still closed ever so slightly above 180. We know were the mayo is and our sandwiches are dry af, I hope Kenny is keeping it nice and warm.
+
+*As price action picks up today, I may walk away from the reddit post while managing positions, if this is the case you can find me on the stream and discord for a while longer at the links below.*
+
+If you want to watch along with the daily livestream [https://www.youtube.com/c/PickleFinancial](https://www.youtube.com/c/PickleFinancial)
+
+Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
+
+(save these links in case reddit goes down)
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, **157**, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
+
+*This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.*
+
+# Pickle-Time After Party
+
+Well now that we are fully slathered in ken's mayo I think we are getting ready to just absolutely launch into the stratosphere. Finally broke to the upside of $200 dollars today closing beautifully right at the 210 resistance. I think we may see some post-market action but nothing major as liquidity dries up.
+
+https://preview.redd.it/n5524bxnpb171.png?width=720&format=png&auto=webp&s=0884e101cf380732a148c5383106bb0531e5d153
+
+Here is were we stand on the 4hr chart. 
+
+https://preview.redd.it/bjvzpt9fqb171.png?width=1343&format=png&auto=webp&s=abcd1c7f2b9c472f1079d04004113a221a919270
+
+Breaking to the upside of that ascending pattern as we get ready to enter stage 2 of the ascent, who's ready for some FOMO? Thank you all so much for hanging out today your support as always has been so meaningful to me. Remember your all worth millions and should never settle for a penny less! See you tomorrow morning at 9am.
+
+\- *Gherkinit*
+
+Edit 9 3:10
+
+looking like a nice turn around after that bull flag 0 shares available to borrow only way to go is up.
+
+https://preview.redd.it/jidpnx2ifb171.png?width=1410&format=png&auto=webp&s=e2d5d14768989257515316944794f74365edc7a7
+
+Edit 8 2:12
+
+Looking for a test of 200 after passing that 192.50 resistance
+
+https://preview.redd.it/6qklhk665b171.png?width=1581&format=png&auto=webp&s=5c9303f6af827c0a80a45b337c0a05b77de44436
+
+Edit 7 1:11
+
+Chop on 190 volume is really low maybe a real power hour today?
+
+https://preview.redd.it/xlfvc7jbua171.png?width=1357&format=png&auto=webp&s=f215e287bfb789bf14024d22f69c7a9027773925
+
+Edit 6 12:17
+
+Head shoulders broke to the downside looks like we might hit 190 and sit there volume is still really low.
+
+https://preview.redd.it/20aautjpka171.png?width=1278&format=png&auto=webp&s=573e5c85d4e0e93cf1bade006362cb6affafee4e
+
+Edit 5 11:21
+
+Failed the 190 test dipping down below VWAP. Market is also down right now.
+
+https://preview.redd.it/6y67e2yoaa171.png?width=538&format=png&auto=webp&s=6fd9240fb59088a8d4bf6cce4dcd54a0a1065869
+
+Edit 4 11:03
+
+Looking for a break to the upside of this consolidation
+
+https://preview.redd.it/ixnfvtze7a171.png?width=1375&format=png&auto=webp&s=7e373246e161bf1a767836946d882d80487993b2
+
+Edit 3 10:30
+
+The TA citadel doesn't want you to know about if we hold this 192.5 we could test 200 with a break to the upside of that last triangle.
+
+https://preview.redd.it/o5khwtgn1a171.png?width=1454&format=png&auto=webp&s=ea81b1b36c8a4912bbb1d1e6c3456da2642cfb75
+
+Edit 2: 10:06
+
+Pretty solid rejection at 190 about 200k shares dumped if we cross back over VWAP i expect another test
+
+https://preview.redd.it/a0f9pgh7x9171.png?width=1267&format=png&auto=webp&s=c427d1509628169a73ca40ee39ee189e6b42e127
+
+Edit 1: 9:46
+
+The oracle of the pickle jar reporting in! Testing 190 at 800k volume looking real strong we could see 200 today if this trend continues
+
+https://preview.redd.it/7v3nilkzt9171.png?width=1075&format=png&auto=webp&s=10c6192328a5732c38462291d6e8d934b9b4f467
+
+​
+
+# Pre-Market Analysis
+
+I hoping for a test of 190 out of the gate much like yesterdays move up. We hit 182. 50 in the pre-market and then got rejected so at minimum a test of 182.5o again if that succeeds a test at 190.
+
+https://preview.redd.it/vn4hdpb5g9171.png?width=1509&format=png&auto=webp&s=71fa495a2fe2c0df2bca5df2c2b4064b783ac542
+
+BBKC/TTM is still throwing the buy signal
+
+and I expect a completion of the bull flag pattern.
+
+https://preview.redd.it/7dq8imeng9171.png?width=1006&format=png&auto=webp&s=3d0db5186c1cab9f9524cb9fe3587bb1f541f76b
+
+\**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/)
+Good Morning Future Dillionaires!
+
+It's me pickle guy here with another day of market fuckery. Yesterday the SHF dumped about 330,000 shares at around 2:45 in what has been the most concentrated effort to drop the price that I've seen since the 10th. It didn't do much however as we still closed ever so slightly above 180. We know were the mayo is and our sandwiches are dry af, I hope Kenny is keeping it nice and warm.
+
+*As price action picks up today, I may walk away from the reddit post while managing positions, if this is the case you can find me on the stream and discord for a while longer at the links below.*
+
+If you want to watch along with the daily livestream [https://www.youtube.com/c/PickleFinancial](https://www.youtube.com/c/PickleFinancial)
+
+Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
+
+(save these links in case reddit goes down)
+
+Historical Resistance/Support:
+
+116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, **157**, 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 226, 230, 234, 243, 250, 253, 256
+
+*This Post will read from top to bottom, any images over 20 will be deleted as the day progresses.*
+
+# Pickle-Time After Party
+
+Well now that we are fully slathered in ken's mayo I think we are getting ready to just absolutely launch into the stratosphere. Finally broke to the upside of $200 dollars today closing beautifully right at the 210 resistance. I think we may see some post-market action but nothing major as liquidity dries up.
+
+https://preview.redd.it/n5524bxnpb171.png?width=720&format=png&auto=webp&s=0884e101cf380732a148c5383106bb0531e5d153
+
+Here is were we stand on the 4hr chart. 
+
+https://preview.redd.it/bjvzpt9fqb171.png?width=1343&format=png&auto=webp&s=abcd1c7f2b9c472f1079d04004113a221a919270
+
+Breaking to the upside of that ascending pattern as we get ready to enter stage 2 of the ascent, who's ready for some FOMO? Thank you all so much for hanging out today your support as always has been so meaningful to me. Remember your all worth millions and should never settle for a penny less! See you tomorrow morning at 9am.
+
+\- *Gherkinit*
+
+Edit 9 3:10
+
+looking like a nice turn around after that bull flag 0 shares available to borrow only way to go is up.
+
+https://preview.redd.it/jidpnx2ifb171.png?width=1410&format=png&auto=webp&s=e2d5d14768989257515316944794f74365edc7a7
+
+Edit 8 2:12
+
+Looking for a test of 200 after passing that 192.50 resistance
+
+https://preview.redd.it/6qklhk665b171.png?width=1581&format=png&auto=webp&s=5c9303f6af827c0a80a45b337c0a05b77de44436
+
+Edit 7 1:11
+
+Chop on 190 volume is really low maybe a real power hour today?
+
+https://preview.redd.it/xlfvc7jbua171.png?width=1357&format=png&auto=webp&s=f215e287bfb789bf14024d22f69c7a9027773925
+
+Edit 6 12:17
+
+Head shoulders broke to the downside looks like we might hit 190 and sit there volume is still really low.
+
+https://preview.redd.it/20aautjpka171.png?width=1278&format=png&auto=webp&s=573e5c85d4e0e93cf1bade006362cb6affafee4e
+
+Edit 5 11:21
+
+Failed the 190 test dipping down below VWAP. Market is also down right now.
+
+https://preview.redd.it/6y67e2yoaa171.png?width=538&format=png&auto=webp&s=6fd9240fb59088a8d4bf6cce4dcd54a0a1065869
+
+Edit 4 11:03
+
+Looking for a break to the upside of this consolidation
+
+https://preview.redd.it/ixnfvtze7a171.png?width=1375&format=png&auto=webp&s=7e373246e161bf1a767836946d882d80487993b2
+
+Edit 3 10:30
+
+The TA citadel doesn't want you to know about if we hold this 192.5 we could test 200 with a break to the upside of that last triangle.
+
+https://preview.redd.it/o5khwtgn1a171.png?width=1454&format=png&auto=webp&s=ea81b1b36c8a4912bbb1d1e6c3456da2642cfb75
+
+Edit 2: 10:06
+
+Pretty solid rejection at 190 about 200k shares dumped if we cross back over VWAP i expect another test
+
+https://preview.redd.it/a0f9pgh7x9171.png?width=1267&format=png&auto=webp&s=c427d1509628169a73ca40ee39ee189e6b42e127
+
+Edit 1: 9:46
+
+The oracle of the pickle jar reporting in! Testing 190 at 800k volume looking real strong we could see 200 today if this trend continues
+
+https://preview.redd.it/7v3nilkzt9171.png?width=1075&format=png&auto=webp&s=10c6192328a5732c38462291d6e8d934b9b4f467
+
+​
+
+# Pre-Market Analysis
+
+I hoping for a test of 190 out of the gate much like yesterdays move up. We hit 182. 50 in the pre-market and then got rejected so at minimum a test of 182.5o again if that succeeds a test at 190.
+
+https://preview.redd.it/vn4hdpb5g9171.png?width=1509&format=png&auto=webp&s=71fa495a2fe2c0df2bca5df2c2b4064b783ac542
+
+BBKC/TTM is still throwing the buy signal
+
+and I expect a completion of the bull flag pattern.
+
+https://preview.redd.it/7dq8imeng9171.png?width=1006&format=png&auto=webp&s=3d0db5186c1cab9f9524cb9fe3587bb1f541f76b
+
+\**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/)
+ 
+
+[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.
+
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+
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+
+**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!*
+https://www.cnbc.com/2022/02/17/palantir-pltr-earnings-q4-2021.html
+
+Full Text:
+
+>Shares of Palantir fell more than 13% on Thursday afternoon after the company reported mixed earnings results for the fourth quarter.
+
+>Here are the key numbers:
+
+>Earnings per share (EPS): 2 cents, adjusted vs. 4 cents estimated, according to a Refinitiv survey of analysts
+>Revenue: $433 million vs. $418 million estimated, according to Refinitiv
+>Palantir said it expects $443 million in revenue in the first quarter, while analysts had been expecting about $439 million, according to Refinitiv. It continues to expect annual revenue growth of 30% or more through 2025.
+
+>But its reported net loss was $156.19 million, wider than the $148.34 million of the fourth quarter in 2020.
+
+>The software company, known for its work with government agencies, said that revenue increased 26% year over year and that it added 34 net new customers in the fourth quarter.
+
+>It also said it closed 64 deals in the quarter of $1 million or more, including 27 of which were at least $5 million and 19 of which were at least $10 million.
+
+>Palantir expanded its commercial business throughout 2021, with revenue up 34% year over year to $645 million. U.S. commercial revenue alone soared 102% with the customer count jumping 4.7 times to 80. In 2021, government revenue gained 47% to $897 million.
+
+Personal take: Honestly I don't know what would turn investor sentiment on this company at this point. Revenue growth is no longer sufficient without improvement in profitability and cashflow. If the current momentum continues it won't be long for the stock to get below its original IPO price at $10.
+
+**Disclosure**: I long $PLTR, although [I fucking wish that's not the case.](https://wealth.ly/share/WKP49U)
+I'm looking at a rental property that just hit the market in my area. Listed at 1.2 million, with 4 units. Total income for the units has been historically 92k a year.
+
+
+* Unit 1 - 1900
+* Unit 2 - 1650 (I believe this unit is either available currently or is becoming available soon and would probably be the unit we'd move into if we lived here since it is the largest unit)
+* Unit 3 - 1941 (this is an airbnb unit requiring more work and if we did a lease on this unit it would be MUCH lower since it's only like 500sqft)
+* Unit 4 - 2100
+
+Historic utilities+maintenance+taxes have been 14250/yr.
+
+
+Mortgage cost after downpayment = 4900-5300 depending on interest rate. We were preapproved at one rate but believe we could get lower.
+
+
+So I'm trying to figure out if this is a good deal. This would be a first home purchase for my fiancé and I and since we're in a HCOL area I thought maybe it makes more sense to maintain our lifestyle (currently living in a small apartment) but use our high incomes to get a rental that could potentially become cashflow positive if we ever moved out. Assuming we lived in either unit 3 or unit 2 we'd be spending money to live there, BUT since we can comfortably afford to put up to about 4500 a month in the mortgage we could theoretically pay of the home in as little as 11-12 years and then have 1.2million in assets at that time.
+
+
+In my eyes it seems like it could be a good investment, we'd have to live frugally but could pay it off completely soon enough and then in the future move out and rent the units for profit. Opinions/advice?
+Tell your story, where did you begin? Roughly how much money did you start with? What kind of support for you have? How much financial cushion did you have?
+
+Looking for ideas 👌
+[https://news.mcdonalds.com/news-releases/news-release-details/im-ready-monday-said-nobody-everuntil-now-mcdonalds-declares](https://news.mcdonalds.com/news-releases/news-release-details/im-ready-monday-said-nobody-everuntil-now-mcdonalds-declares)
+I drive a 1998 Toyota Starlet. I get 40MPG, which is much better then most new cars. It never breaks. It costs me roughly 300/Year on repairs. It will soon be a vintage and will appreciate in value, I have seen many 1992-1994 models sell for 4k plus. You can buy a car like this for about 1000 (car in good condition). You can by a car for breaking/parts for about 200 (which will save you on repairs). The engine that is in my car has recorded over 1,000,000 miles in its lifetime, so it is possible that I will never have to change this car in my lifetime. 
+
+Meanwhile several of my struggling friends have taken out car finance, pay more in interest then I do to insure and tax my car each year. Their car often needs to be repaired, parts break that my car doesn't have or need. 
+
+This post is not a brag, I am warning people who are struggling financially think twice before taking out finance to buy a car. If you need a car for work, I strongly recommend a late 90's Japanese compact cars. These seem to be the pinnacle of economical car engineering - that were build just before planned obsolescence ruined cars (and created an economic bubble, in my opinion).
+Can we all bitcoin community have a general concensus on never using the term 'VIRTUAL' when referring bitcoin or any other digital currencies. Bitcoin is NOT 'VIRTUAL' currency, it is a 'DIGITAL' currency.
+
+Virtual currency is often referred to coins offered by game companies or amazon that is not backed by mathematics. And I found people thinking bitcoin to be similar, which it is not. So, it is very important to distinguish bitcoin from these virtual currencies.
+This is not a request for handouts. This is not a request for relationship advice. This is a request for advice on how to get my finances ready to provide for addition(s) to the family. 
+
+Background:
+The mother and I have been living together for a few months, been together for over a year. We hadn't planned on having kids yet, wanted a few years to get our savings up, our careers going, etc. 
+Boom. Preggo. 
+We thought we were careful, she was on the pill, it wasn't the right point on her cycle, etc. 
+Oops. 
+Only telling you guys this so you do not think I'm some stupid kid who didn't know where babies came from, or that I didn't consider the consequences, etc. We were careful, but apparently not enough. 
+Termination not an option. While neither of us is religious, she was conceived under similar circumstances so understandably has strong opinions on abortion. 
+
+We both make ~$20k a year in the animal care industry. I'm a vet assistant ( the guy who sticks the thermometer up your dog's butt) and she is a receptionist at another animal hospital who moonlights at a pet hotel. 
+We have debts. I have roughly $7000 left from a student loan to help pay for a BA in History that I'm not using , about $8000 on a car loan, and no credit card or medical bills. Don't even have a credit card. Credit is rated "fair" due to not having enough pulls on the credit or something.
+She has a car loan (roughly the same amount), medical bills (almost paid off), and a fair bit of credit card debt left over from when she was a clueless teenager. 
+She lives paycheck-to-paycheck. She can cover her bills and that's about it. 
+I make enough to cover my bills, help a little with hers, and put aside a little for emergencies ( current savings account at ~$1000). 
+We had been saving for an emergency fund, a wedding, and a foot surgery that would put he out of work for a few weeks (not possible now due to pregnancy). 
+We already run a tight ship. Live in a small 1br apartment with 2 dogs and a cat. Don't eat out often, fast food once or twice a week, date night at a sit down establishment once a month. 
+
+The Point:
+How can I better my finances to provide for this family?
+
+What are my resources for government assistance ( not really sure where to begin looking, actually)?
+
+Do I fast track my debt elimination, or do I get ready to borrow more (ex: get a credit card)?
+
+What should I set my savings goals at now (pregnancy threw old calculations out the window, kind of lost now, honestly)? 
+
+Actually, any advice financially would be appreciated right now. 
+Keep in mind, twins are a possibility, her family has a history of it. 
+
+tl;dr- Unexpected pregnancy, keeping it(them?). $40k combined annually.Live in Phoenix, AZ.  Barely above paycheck-to-paycheck.  Do I borrow more, or pay off debt? What are my new savings goals? Government assistance? No Idea what I'm doing. 
+To clarify this is my first DD, sorry if it looks messy and unformatted I am doing my best. I am bullish on the Score and hold 33 shares at a 32.59 CAD AVG. I intend on adding more once my swings either pay me out or inevitably hit my stop loss. I am not even remotely close to a financial advisor, I just started trading recently, so it is not a wise idea to buy or sell anything because of me.
+
+I also posted this in r/stocks if that is not ok I am sorry and will delete this.
+
+Ticker:SCR
+
+Marketcap:1.3bil USD
+
+Shares outstanding:50 mil The Float:28mil
+
+AVG Volume:330,000
+
+All numbers from FINVIZ
+
+CEO:John Levy [https://ca.linkedin.com/in/johnlevythescore](https://ca.linkedin.com/in/johnlevythescore)
+
+Also the SCR just wen through an aggressive 10 to 1 r/S to get listed on the NASDAQ so institutional investors would take them seriously, which can explain why some of your charts may look funky. The r/S initially had the $SCR jump up to 54 CAD but then went down to like 26 CAD, now it seems to be consolidating in the low 30s.
+
+The Bull Case
+
+TheScore media is a Canadian based media company which is looking to get into the online gambling industry. The Score is the third biggest sports app in North America and biggest in Canada. The familiarity with the brand should be massive in Canada, and some experts have predicted Ontario itself to have 2-3 billion in annual revenue from sports betting (probably thanks to the Leafs sucking ass when it counts). Online gambling has been a craze with legalization becoming more imminent, and governments wanting to rake in that extra tax revenue.
+
+Canada has just recently passed bill C-218, which aims to legalizes all single game sports betting. There is another reading tomorrow, where John Levy will be present to speak. Trudeau and his liberals also seems super pumped about passing this bill, as it can be a way to pay back CERB and other covid related debts.
+
+PENN owns a 4.1% stake in the SCR and there have been buyout rumours from DKNG. Both want the brand that the Score owns. TheScore also has a partnership with PENN, where theScore bet app can be in states that PENN is in, as theScore is currently operating in Colorado, Iowa, Indiana and, New Jersey. As other states are set to legalize, theScore is hoping to get a piece of the American pie. Canada it will be much less complicated to operate.
+
+PENN's market cap is 16.89 billion and Draftkings (DKNG) is 26.79 billion. Although I do not think $SCR will reach that anytime soon, it demonstrates the room for improvement.
+
+SCR also just closed the 186 million IPO in the USA. They have lots of cash to throw at ads and others things a sports books will need.
+
+They are also doing aggressive promos, like a $500 first bet risk-free. I have not used the app as I am Canadian and it is not available yet, but looking at videos and pictures, it looks clean. [https://www.thescore.bet](https://www.thescore.bet/)
+
+Macquarie today initiated coverage on $SCR with an outperform rating and a $44 price target, and they are known for giving pretty conservative ratings. It is exciting that the score is getting the attention it deserves.
+
+My PT is $70ish EOY and $150ish by 2025, but I also pulled these numbers out of my ass so don't base anything off of them.
+
+BEARISH CASE
+
+I am afraid of off-shore sports books already taking away a lot of the revenue of people who are already betting. Before I got into investing I used to bet with Betway and was confused why my money was being converted into pounds and it was always advertising soccer. I didn't realize what I was doing was illegal and many others don't. Also I don't think a ton of people would change apps unless the government tried to ban them or something. I am not very knowledgeable in the offshore sports books world.
+
+Also DKNG and PENN are such monsters that they could just smother us with there promos and ads.
+
+TLDR:$SCR is a media company which is turning to online gambling for sports. There is a lot of room for improvement. IANAFA. Do your own DD.
+
+Any feedback on my first DD would be greatly appreciated. I know this isn't super complex with TA or financials, as I am still learning.
+Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its 90% owned Wheeler River project, which ranks as the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, Denison's Athabasca Basin exploration portfolio consists of numerous projects covering approximately 280,000 hectares.
+
+*Disclaimer: I´m not even close to being a financial advisor so please do your research and make your own decisions based on what you understand.*
+
+*Before you ask, I own 8500 shares of $DNN bought at 0.905 per share.*
+
+**Key Market Themes:**
+
+\- Long-term contracts from the previous uranium bull cycle have acted as a lifeline to high-cost mines – this is coming to an end, with significant uncovered utility requirements emerging at a time that Denison is targeting to enter production.
+
+\- Demand story is positive and improving – requirements now exceed pre-Fukushima levels.
+
+\- Significant curtailment decisions have been made by largest uranium producers.
+
+\- Response to COVID-19 has put additional pressure on supply. Further curtailments have accelerated drawdown of secondary supplies.
+
+\- Given sustained low prices, project pipeline may be inadequate to deliver new production in time to replace mines that are dropping off.
+
+\- Long-standing trade issues which have distracted the market have been clarified – Section 232 investigation; subsequent report by the Nuclear Fuel Working Group; Russian Suspension Agreement.
+
+**Detailed Assets with Superior Development Leverage:**
+
+\- **90% interest** in Flagship Wheeler River project.
+
+• Development stage project.
+
+• Largest undeveloped uranium project in the infrastructure rich eastern Athabasca Basin.
+
+• Environmental Assessment (“EA”) initiated.
+
+\- **22.5% interest** in McClean Lake Uranium Mill.
+
+• +12% of global uranium production.
+
+• Excess licensed capacity.
+
+\- **66.90% interest** in Waterbury Lake project
+
+• PEA for Tthe Heldeth Túé (“THT”) deposit (formerly J Zone) highlights potential for future development portfolio.
+
+\- Additional leverage to the uranium price.
+
+• McClean Lake, Midwest, and Waterbury Lake all near McClean mill.
+
+• +250,000 hectares of exploration ground.
+
+\- Well-funded (+$50M CAD in cash as Feb 21), plus internal sources of cash flow from Uranium Participation Corp. (TSX-U) & Closed Mines operations.
+
+**About the Flagship Wheeler River Project:**
+
+\- **90%** Owned by Denison and the remaining 10% by JCU Corporation.
+
+\- Host to two high-grade uranium deposits.
+
+\- **Phoenix Engineering** estimated to potentially have lowest costs of any undeveloped uranium deposit.
+
+\- In-Situ Recovery (“**ISR**”) mining method. It involves leaving the ore where it is in the ground, and recovering the minerals from it by dissolving them and pumping the pregnant solution to the surface where the minerals can be recovered. Consequently, there is little surface disturbance and no tailings or waste rock generated.
+
+Uranium price assumptions:
+
+**Phoenix Operation:**
+
+• Low all-in cost per lb U3O8 suggests contract “base-loading” not required
+
+• Uranium selling price based on UxC Spot price forecast (Q3’2018 UMO “Composite Midpoint” scenario)
+
+• \~US$29/lb U3O8 to US$45/lb U3O8
+
+• Stated in “constant” 2018 dollars
+
+**Gryphon Operation:**
+
+• US$50/lb U3O8 fixed price
+
+• Market support expected to be trigger for development
+
+​
+
+https://preview.redd.it/ny4igc06ran61.png?width=802&format=png&auto=webp&s=785404decd54ac59642796d385fb9aa79238c5ea
+
+The great thing here is that they are combining the world’s lowest-cost uranium mining method with the world’s highest-grade undeveloped uranium deposit.
+
+*Here you can find all the report and details on this project and how it´s planned to work:* [*https://www.denisonmines.com/site/assets/files/6037/2021-02-19\_denison\_corporate\_update\_-\_february.pdf*](https://www.denisonmines.com/site/assets/files/6037/2021-02-19_denison_corporate_update_-_february.pdf)
+
+**Development Portfolio (3 projects positioned amongst the lowest all-in cost assets of UxC´s First Tier).**
+
+​
+
+https://preview.redd.it/20583zu6ran61.png?width=1387&format=png&auto=webp&s=d197a150e75c84ddcb0955cda2b811e36df37ad0
+
+**Some Uranium general numbers and why I think $DNN could be the best next thing:**
+
+\-  Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy for low-carbon electricity generation as well as for other uses such as industrial heat applications and hydrogen production. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies.
+
+\-  Continuing a downward trend over several years, worldwide domestic exploration and mine development expenditures decreased to approximately USD 0.5 billion in 2018, a significant drop from USD 2 billion in 2014. This trend is not expected to result in shortfalls but could signal market issues in the longer-term.
+
+[https://www.iaea.org/newscenter/pressreleases/worlds-uranium-resources-enough-for-the-foreseeable-future-say-nea-and-iaea-in-new-report](https://www.iaea.org/newscenter/pressreleases/worlds-uranium-resources-enough-for-the-foreseeable-future-say-nea-and-iaea-in-new-report)
+
+\-  President-Elect Biden has signaled that climate change policy will be one of his major priorities. As part of his commitment to reaching an emissions-free grid by 2035 and net-zero emissions from all energy use by 2050, he has stated that all carbon-free sources of energy should be on the table, **including nuclear energy**.
+
+\-  The growing momentum of nuclear innovation has been one of the highlights of 2020. With more reactor concepts hitting important milestones on the path to commercialization, advanced reactors are increasingly being viewed as essential to decarbonization efforts.
+
+\-  The Senate Environment and Public Works Committee passed the American Nuclear Infrastructure Act—legislation that would incentivize the deployment of advanced reactors, in addition to supporting plants at risk of premature closure due to market conditions—with Republican and Democratic support.
+
+\-  Nuclear plants remain the largest source of clean energy in the U.S. and as utilities plan for the future, they’re counting on the current fleet of reactors to keep powering our way of life without carbon emissions.
+
+[https://www.epw.senate.gov/public/index.cfm/2020/12/committee-approves-nuclear-infrastructure-legislation-at-business-meeting](https://www.epw.senate.gov/public/index.cfm/2020/12/committee-approves-nuclear-infrastructure-legislation-at-business-meeting)
+
+[https://www.nei.org/news/2020/whats-next-for-nuclear-energy-2021](https://www.nei.org/news/2020/whats-next-for-nuclear-energy-2021)
+
+**World Nuclear Power Reactors & Uranium Requirements**
+
+*Disclaimer: This tab has been accommodated to just show CA & US (full table on the link below).*
+
+​
+
+https://preview.redd.it/pq0fumk7ran61.png?width=834&format=png&auto=webp&s=b83726780195fed12e3acbed80d5e2210104b508
+
+[https://www.world-nuclear.org/information-library/facts-and-figures/world-nuclear-power-reactors-and-uranium-requireme.aspx](https://www.world-nuclear.org/information-library/facts-and-figures/world-nuclear-power-reactors-and-uranium-requireme.aspx)
+
+**Average Analyst Ratings:**
+
+​
+
+https://preview.redd.it/r35tvhi8ran61.png?width=855&format=png&auto=webp&s=a1cbc5b3cd55d905d42c4769d1cb239ad2574b0e
+
+https://preview.redd.it/iipc4p49ran61.png?width=850&format=png&auto=webp&s=b2fd89ea6ea109683eb2d8b2f798e30505deed24
+
+**Short, Medium- and Long-Term Indicators:**
+
+​
+
+https://preview.redd.it/de0s9y1aran61.png?width=603&format=png&auto=webp&s=461bc5d13904a5294c10eafebcf4968a2bc3e18f
+
+**My review and insight on $DNN:**
+
+To be completely honest I think DNN can be a great long-term investment. We are moving towards a clean energy environment and nuclear energy has a great focus to achieve that. I think the fear from Chernobyl and Fukushima still hunts us, but we need to turn the page and enter a new chapter. It’s a fact that nuclear energy is cheap and we, humans, tend to learn from our mistakes (sometimes at least) so this industry will have everything quadruple checked before turning any reactor on.
+
+Speaking about the company, they haven’t mine anything yet but already set the foundations to do it and not in a timid way, partnership, diversified assets, efficient costs, no debt, free cashflow are some of the things I´m most thrilled about the Denison.
+
+If you see this as a short to mid-term investment, I think that the Flagship Wheeler River project will be your biggest ally as is the nearest catalyst.
+
+The company announced yesterday 03/15/2021 the Inclusion in the S&P/TSX Composite Index.
+
+*If you have time read the note done to David Cates, President and CEO of the company here:* [*https://finance.yahoo.com/news/denison-announces-inclusion-p-tsx-103000756.html*](https://finance.yahoo.com/news/denison-announces-inclusion-p-tsx-103000756.html)
+
+As of today, Denison announced funding of project finance initiative involving strategic **acquisition of physical uranium** to be held as a long-term investment, intended to support the potential future financing of the advancement and/or construction of the Company's flagship 90% owned Wheeler River Uranium Project. The purchased Uranium is expected to strengthen the Company's balance sheet and enhance its ability to access future project financing, with the potential collateralization of the Uranium holdings.
+
+[https://finance.yahoo.com/news/covid-19-pandemic-sparks-72-080000388.html](https://finance.yahoo.com/news/covid-19-pandemic-sparks-72-080000388.html)
+You may say that it was our own fault not to catch Personal Capital’s abysmal investment performance earlier. However, allow me to share our costly lessons to help prevent others from losing money with Personal Capital:
+
+· Over the last 3 years, Personal Capital’s “smart portfolio management strategy” performed 60% worse than market.
+
+· Personal Capital’s “tax optimization” produced higher returns on our taxed account and lower returns on our tax deferred IRA account.
+
+· Personal Capital’s “lower fees” consumed 18% of the returns they delivered.
+
+During a turbulent time of job changes, founding our own company and multiple family health emergencies, we decided to entrust Personal Capital to manage our money. Personal Capital advertised a good story with a convincing webpage: **“We act in your best financial interest and optimize risk & return on your behalf. We do this through our smart portfolio management strategy and Smart Weighting™ approach.”**
+
+Our experience was much different and cost us dearly. From 2015 until we canceled our accounts in 2018, the portfolio Personal Capital managed for us earned 4.9% annually. This is significantly lower than the risk adjusted “moderate historic” ROI target of 8.3% Personal Capital advertised and even worse in one of the best bull markets for a long time that easily returned more than 12% each year during the same period. 
+
+When we confronted Personal Capital with this significant performance gap, they responded that our *“claim was without merit: As written in our “Client Agreement” \[..\], it is explicitly stated that you understand that \(a\) investment results cannot be guaranteed, \(b\) past performance may not be indicative of future results, and \(c\) your investment decisions on my behalf may be different than I or other investment managers would have made under the circumstances”*.
+
+The objective observer may realize the irony of this response in one of the most bullish markets we had in years. 
+
+In retrospect, we made another peculiar observation, the consequence of which we only now understand too well. Overall, Personal Capital has great analysis tools and a nice user interface. However, the key analysis tool that is standard with any other broker we worked with, is suspiciously missing on Personal Capital’s webpage: The portfolio performance compared to generally accepted benchmarks. 
+
+After Personal Capital unduly delayed the immediate liquidation of our accounts we had requested, we transferred our accounts to another institution. As a result, we had to liquidate nearly 100 micro\-positions ourselves, a time consuming and costly affair. Noteworthy, but in line with our overall experience, Personal Capital refused to reimburse us for the related transaction fees.
+
+However, our losses with Personal Capital did not end there. Personal Capital claims: **“Tax optimization – We do this by applying tax loss harvesting, reallocating assets to tax\-deferred accounts, and helping you realize higher yields in your retirement account”**
+
+When we liquidated our underperforming IRA and taxed investment accounts, we realized that in addition to the abysmal underperformance, the gains had actually accumulated mostly on our taxed accounts, while the performance on the tax deferred accounts was even worse. Hence, in addition to losing years of retirement savings, we now have to bear the cost of Personal Capital’s failure to optimize and reduce tax. 
+
+Adding insult to injury, we paid Personal Capital sizable fees for their abysmal investment performance. **Personal Capital advertises: “We have much lower fees than traditional brokers”.**
+
+18 Percent of the total return Personal Capital made for us was consumed by the fees Personal Capital charged us over the years. Bottom line, Personal Capital has a one\-sided business model: They can invest their customer’s money anyway they like. They do not hold themselves accountable for their advertising and for the results of their investment strategy. They refuse and obfuscate any comparison of their investment performance with generally accepted investment benchmarks. Independent of investment performance, Personal Capital claims sizable service fees. Good deal for Personal Capital, an abysmally bad deal, at least for us!
+
+Our recommendation: Check the performance of your holdings with Personal Capital against the relevant market benchmarks today! Otherwise, you may end up losing like us.  
+Hi reddit,
+
+I am absolutely crushed right now so please forgive my grammar and this is my first post on reddit. Here is some background first,  I am a student and I have a very low paying part time job and my husband and I were just barely making ends meet each month and scraping together the rent , we'd been subsisting off of him doing odd jobs because he couldn't find work (not for lack of trying). 
+
+Finally he got hired somewhere but only worked for three weeks until they said he wasn't adapting fast enough to the pace of the job and they couldn't afford to train him anymore. 
+
+We were already 200$ short on our rent and now we don't know what we will do next month. It took him almost a year just to find this job. He was never late , I know because I walked with him to work since it's near my college, and he seemed to be doing a really good job. As long as I've known him he's been a hard worker. I feel sick, we were already living off of ramen and rice and beans trying to save money for paying student loans and rent. 
+
+We both have cheap flip phones and not a single thing of value to sell, even my wedding ring is silver so it wouldn't make any money if I tried to sell it. I've read about unemployment benefits for our state but you need to have made a certain minimum amount at the job  and he has not made that much. Is there anything at all we can do ? Or good websites to look at ? We are in Massachusetts if that helps.  Should I be posting in r/almosthomeless? 
+
+Edit: some people have mentioned I'm not being clear enough. I want to say that is not my intention and I did make this post in a panicked rush. I am sorry about that.  I posted this below somewhere but I'll but it here for visibility. 
+
+About his work at the deli I even asked one of his co workers how he was doing when he first started and she said he seemed to be taking well to the job. I'd like to be as clear as possible so I can get the best advice. He had another job where he was a bicycle food delivery worker and he was one of the top rated runners. He quit this job because he injured his hands and couldn't play piano for a few weeks and lost a paying music gig due to this.(this was when we first moved to Boston). He does have gigs in the classical music world but the pay isn't much and the work isn't steady , I lumped those in with odd jobs because they pay so little , my apologies if I've been unclear.
+
+
+
+Thank you for all the advice. We are both sitting here reading it and I'm making a to-do list while he applies for jobs, emails temp agencies and writes adds for teaching on various websites that were suggested. We are so grateful for all these ideas. 
+
+Update: We just heard back from one of the church's looking for pianists to play during services !! He sent a recording of his playing and a resume, now they want to meet with him in person tomorrow for an interview! It's only a once a week thing so it doesn't pay very well but it's something! 
+It has been months since they illegally removed buy button for GME in the middle of a gamma squeeze because the elites were on the losing side of the bet. Nobody has gone to jail yet. All the crooks of wallstreet crime mafia including the brokers, clearance houses, market makers, DTCC and the SEC are still roaming free. That’s why I continue to buy, hold, DRS and shop.
+
+But really though guys please don’t buy into something without doing DD first. XSPA, GNUS, IZEA, CJJD and many more were big flops that went no where. If you would’ve done DD you would’ve seen these companies were garage long holds. On the other hand during that same period gems like SOLO, AYRO, BLNK, NIO, PLUG, WKHS, TUP, KIRK, MARA etc etc were also being posted about at LOW PRICES in June. If you had done the DD and saw the long term potential you would’ve been up 100s of percentages today. Moral of the story do your DD find some good companies and don’t be afraid to go long. Don’t invest in stupid shit like Spa companies doing Covid testing or a kids Cartoon Network and a shady Chinese drug store company. Good luck y’all.
+u/prsmike has correctly pointed out that the above scene from the tweet is different.  [https://twitter.com/GMEdd/status/1407901613424054276?s=09](https://twitter.com/GMEdd/status/1407901613424054276?s=09)
+
+Good evening apes,
+
+Gather round. Finally I can contribute to something here that I know about. Too smooth brained for FTD cycles but just wrinkled enough for South Park references. As a Canadian I understand Terrence and Phillip since we speak with the top halves of our heads.
+
+~~This is the full scene to Ryan Cohens tweet:~~  [https://www.youtube.com/watch?v=NF0J8dFy2gE](https://www.youtube.com/watch?v=NF0J8dFy2gE)
+
+Jump to 0:40 if you can't spend 39 seconds of your lives watching quality content. Notice anything? Kenny farts on a match and DIES. KENNY DIES. Further, Kenny died in every episode until [Season 5](https://www.cbr.com/why-south-park-doesnt-kill-kenny/):  Kenny's death was a running gag in every episode.
+
+What other related South Park related tweet is there?  How about this one:
+
+​
+
+https://preview.redd.it/2s5zbh79db771.jpg?width=400&format=pjpg&auto=webp&s=b128f327e55543b35bc82a1a9cbe5d0c094aa19b
+
+Reference:  [pissing off south park kids with fart dolls - YouTube](https://www.youtube.com/watch?v=dVEAA8NWIGA)
+
+I FART ON YOUR GRAVE. That's a direct quote from the show and game. Hmmm.. What else? Cartman says DUMB ASS a lot. Ryans been hitting the South Park binge, a man of excellent taste.
+
+I don't believe the fart tweet was related to T+21 at all. Our very own RC has been hitting us with a lot of South Park references in his tweets and I intend to investigate this further.
+
+The only thing left is for Ryan to tweet "OMG THEY KILLED KENNY" but that would be too blatant. My bias is confirmed and my tits are jacked.
+
+**RYAN IF YOU'RE WATCHING HIT US WITH A TWEET ABOUT SATAN AND SADDAM.**
+
+https://preview.redd.it/cci4coaneb771.jpg?width=307&format=pjpg&auto=webp&s=3b468385eeb5399c99528ac280a61eca26e38dd0
+
+What a glorious day for Canada...and therefore the world.
+
+Edit 1: How did I miss RUSSELLS SALT at 1:00. Tits even jackder
+
+Edit 2: u/SanchoUSA has pointed out the clip is exactly 4:20!!
+
+Edit 3: Tits literally at 3:20
+
+Edit 4: Buckle Up Buckeroo  [Buckle Up Buckaroo - YouTube](https://www.youtube.com/watch?v=GL-kcDm6uzs) 
+
+​
+Hello, i've got around 200k i'm looking to maximize the return. i'm looking at a $1.1m commercial multi-family (15 units) which rents for around 110k/year (gross). assuming the following:
+
+ 45% of gross rent goes to expenses (typical for this type of building, includes property mgmt, tax, insurance, repair&maintenance, etc.) 
+
+and a monthly mortgage payment of $3,895  (15% down, 1.85% interest rate, 25 years)
+
+my return is roughly 8% cash-on-cash (meaning i net 13.2k per year (before tax) on a down payment of 165k
+
+however, when i factor in the fact that tenants are paying down the principal, and also the building appreciates at roughly 1%/year (conservative) , my total return is closer to 20-25%. 
+
+the alternative of course is to just toss it all into REITs which are still low and will probably go up another 40% in the next year, while also paying 8-10% dividends.
+
+just wondering what are peoples thoughts on this, obviously the REIT is much easier, but physically buying commercial multi-family seems much better return (due primarily to leverage, this also assumes i can get a 15% down mortgage). anything i'm missing here?
+
+thanks
+U.S. short-selling firm Spruce Point Capital Management has set its sights on Canadian Tire Corp. Ltd., announcing it has made a bet that the retailer’s shares are poised to fall.
+
+Spruce Point, based in New York and run by a Yale-trained mathematician named Ben Axler, has launched several prior short-selling campaigns targeting Canadian companies. It issued a 108-page “strong sell” report on Canadian Tire early Thursday before markets opened.
+Spruce Point stands to profit if investors accept its thesis that Canadian Tire faces a potentially large share-price decline. Short-selling shares is a bet that shares will drop, with an investor borrowing shares, selling them, and repaying the loan by returning new shares, preferably bought at a lower price.
+
+Mr. Axler declined to say how large the firm’s short position is.
+
+In 2018, Spruce Capital issued reports on Maxar Technologies Inc., which fell by more than 90 per cent in the months following the August report, and Dollarama Inc., which dropped by a few dollars per share before strongly recovering this year. The average return on the Canadian stocks subject to four Spruce Point short reports since 2015 – also including Intertain Group Ltd. and medical device maker TSO3 Inc. – is a drop of 57 per cent, the firm says.
+Spruce Point believes the shares have a downside of as much as 50 per cent, suggesting Canadian Tire faces rising competitive challenges and has a poor e-commerce strategy. Its loans to customers and to the owners of its stores add risk, its report argues. It also believes the company’s profit margins are declining, Canadian Tire’s accounting choices are making profits seem better than they truly are, and the company is spending money on stock buybacks and dividends that it should be using to pay down debt.
+
+Canadian Tire shares were down nearly 4 per cent in morning trading.
+
+“We do not agree with the conclusions in this report, as it contains numerous inaccuracies, which we believe are solely intended to benefit its author,” company spokeswoman Joscelyn Dosanjh said. “It would be extremely unfortunate if investors took action based on the report.”
+Canadian Tire, Spruce Point says, "is a challenged brick-and-mortar retailer perceived as a dependable mid-single-digit [revenue] grower on an increasingly precarious foundation of unsustainable debt,” the firm wrote in its report. “Recent cost-reduction measures and return-of-capital policies to investors are ill-fated, too little and too late.”
+
+Spruce Point’s view is sharply at odds with the company’s outlook. Canadian Tire said it is ahead of its own expectations for sales growth this year and is investing in its business while also being able to buy-back stock and increase its dividend by 9.6 per cent, the 11th boost in 10 years.
+
+“With our loyalty program and our data management and analytics stronger than ever and with great products on offer supported by our digital and in-store experience, I believe we are in a powerful position to grow and compete,” CEO Stephen Wetmore said in an investor call Nov. 7.
+In the case of Canadian Tire, Spruce Point is running against the tide. The company’s shares hit a 52-week high of $157.36 on Nov. 15, and four analysts raised their price targets on Canadian Tire shares after the company’s November earnings announcement. The shares closed at $151.11 on Wednesday.
+
+Yet other critics have also raised some questions about Canadian Tire’s accounting practices and financial risks. Toronto’s Veritas Investment Research made some of the same points about Canadian Tire’s accounting in a report published earlier this year, while U.S. short-seller Steve Eisman said in August he was short Canadian Tire, saying he saw its financial-services subsidiary, Canadian Tire Bank, as even riskier than Canada’s major financial institutions, several of which he was also shorting.
+
+Spruce Point believes Canadian Tire’s prices are higher than at brick-and-mortar competitors such as Wal-Mart and Costco and home-improvement chains Home Depot and Lowe’s. At the same time, those retailers, along with online-only retailers like Amazon and Wayfair, all offer cheaper shipping options for online purchases than Canadian Tire does.
+
+But in the November investor call, Canadian Tire executive vice-president of retail Allan MacDonald said “we’re not going to relent any [market] share. We are not going to give up share in categories that are important to us.”
+
+Spruce Point cites a report from debt-ratings agency Moody’s that says Canadian Tire’s credit-card customers “are higher risk than peers” because they use the cards as a source of financing, rather than payment – in other words, they carry balances rather than pay them off every month.
+In the November conference call, however, Mr. Wetmore said the company’s financial-services division continues to have “great performance” and there are “no signs from our data on a weakening economy or credit-card portfolio.”
+
+Spruce Point puts it all together and produces a “high side” estimate that values the shares at $99.70, a 34 per cent discount to Wednesday’s closing price, and its “low price” valuation of $77.42 is a discount of nearly 49 per cent. “Canadian Tire’s declining margins and weak competitive positioning to U.S. retailers and online competitors deserves a valuation multiple at a significant discount to its peers.”
+
+http://archive.ph/p8cq3#selection-1935.0-2243.413
+Just had an amazing win on the punt, but want to make sure I do me best to make it as life changing as possible for me. Doubt i'll ever have this much luck again.
+Hi all, a recruiter has recently reached out to me about a management position in the Macquarie group. The role would be fairly niche, related to scenario analysis and capital oversight in second line.
+
+My question is, do any of you have experience working for Macquarie and would you recommend it as a place to work?
+
+Any insights/stories would be appreciated. 
+
+Just some extra info that may or may not be relevant here. My biggest concern is work to life balance although the hiring manager reckons its not so bad. I don't mind working some extra hours, I just don't want it to be all the time and/or super excessive. Another consideration thats playing on my mind is that my hiring manager is based in London so perhaps that means meetings in odd hours.
+Hello
+
+We often hear about the importance of “networking”. How do you network? Are you a sort of a loud slap-on-the-back type of person who is liked by litterally everybody? Do you do stuff outside of your working hours in order to befriend people higher up in the hierarchy? Do you only network upwards and sideways in the hierarchy? How do you manage to get in touch with the exact people you need?
+
+
+How has networking helped you in your fatfire journey?
+
+**EDIT:** How do you network and how has it helped you to fatfire?
+Typo in the title, can't correct it anymore...
+I've always wanted to learn how to fly a plane and considering having flying as a hobby when I Fatfire in the next few years. Not sure if I want a private plane yet, but I want to get my toes wet by taking lessons and see how it is.  Have any people on this sub  done this? Any  advice and tips would be  appreciated.
+
+thanks
+**April 26, 2011**
+
+**The Final Message**
+
+Satoshi sent this message to early Bitcoin developer Gavin Andresen as a response to Andresen talking about Satoshi in the press
+
+***“I wish you would stop talking about me as a mysterious shadowy figure. The press just turns that into a pirate currency angle. Maybe instead make it about the open source project and give more credit to contributors. It helps motivate them.”***
+
+Satoshi did not want to be the leader or founder figure of Bitcoin. He wanted it to be a pure open source project created by and for all of humanity. It was clear from the beginning in every decision he made and his actions make more and more sense after he left.
+
+Even 6 months before this final message, there were already signs that Satoshi would leave. In December 2010, he removed his name from Bitcoin's SourceForge license document and updated all email contacts on Bitcoin.org to other developers. Satoshi's last public message on Bitcointalk was on December 12, 2010. Through Gavin, he asked all the volunteer developers to take the project forward.
+
+This was Gavin's message on behalf of Satoshi shared to Bitcointalk forum on January 13, 2011.
+
+“So who is willing and able to help out? Don't ask permission, just jump in, grab a bug that catches your interest, add comments to it as you start to figure out what the problem is (or isn't), and submit a PULL request when you have a fix.
+
+Your reward will be recognition, admiration and respect. It is time to take bitcoin from, essentially, a single-programmer project to a robust open source project with lots of contributors.”
+
+By studying the early history of Bitcoin it's clear that Satoshi only planned to stay as long as he was needed to get Bitcoin up and running. Once others started chipping in, he knew his work was done and he left.
+
+Today there are hundreds of Bitcoin developers but you may not know that they don't get any salary to work on Bitcoin. They are supported only by sponsors and donations. If you hold good amount of BTC, maybe you should consider donating at least 1% to Bitcoin FOSS developers.
+[**GameStop Wallet Support**](https://support.blockchain.gamestop.com/hc/en-us/sections/4412111751955-Getting-Started)
+
+# 🟣 [Computershare Megathread](https://www.reddit.com/r/Superstonk/comments/v2ff5r/drscomputershare_megathread_062022/)
+
+>Wondering what DRS is? Want to know how and why people are Direct Registering their shares? Here you'll find our guide and additional resources, as well as a welcoming community answering questions in the comments!
+
+**Read** [**the Rules & Wiki**](https://www.reddit.com/r/Superstonk/wiki/index) **||** [**MOASS FAQ**](https://www.reddit.com/r/Superstonk/wiki/index/faq) **|| Join our** [**Discord**](https://discord.gg/Superstonk)
+
+**​**[**What's GME & should I consider investing?**](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/)
+
+**Library of Due Diligence** [**GME.fyi**](https://fliphtml5.com/bookcase/kosyg)
+
+Low karma? Want to feed DRSbot? [Post on r/GMEOrphans](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/)
+
+How to [Filter by Flair & Search](https://www.reddit.com/r/Superstonk/comments/v0oxp2/how_to_filter_by_flair_search_for_posts_on/) on Superstonk
+
+Tag u/Superstonk-Flairy for help with user flairs
+>Microsoft Corp. is teaming up with Elon Musk's SpaceX as it takes on Amazon.com Inc. in cloud-computing for space customers, the Wall Street Journal reported. Microsoft will offer services using low-orbit spacecraft being developed by SpaceX and traditional satellite fleets circling the earth at higher altitudes, the paper reported. The initiative, which is targeting commercial and government space businesses, launched on Tuesday three months after Amazon Web Services disclosed its space plans. Microsoft will also work with Luxembourg's SES SA, which operates a network of larger satellites under the brand O3b.
+
+[Source](https://www.marketwatch.com/story/microsoft-to-work-with-elon-musks-spacex-in-cloud-computing-for-space-customers-wsj-2020-10-20?mod=mw_latestnews)
+
+**UPDATE:**
+
+[Microsoft partners with SpaceX to connect Azure cloud to Musk’s Starlink satellite internet](https://www.cnbc.com/2020/10/20/microsoft-expands-its-space-business-pairing-its-azure-cloud-with-spacexs-starlink-internet.html)
+I have an opportunity to invest and the amount being solicited is big-picture insignificant to me. At the same time, I have always heard that mixing family and business is a bad idea. Your thoughts?
+Please upvote this so that I can actually moderate. Accounts apparently need some karma before being able to use the API without CAPTCHAs. My job is to moderate, not pass Turing tests!
+Edit: Has come to my attention that my posts were discussed on AndrewMoMoney. I dm'd him on twitter if he wants to discuss further.
+
+
+Good morning (it's not morning) and let's get your tin foil hats glued on.
+
+~~EDIT: Not sure what happened to the formatting but I'm fixing it. See TLDR or click the links for images.~~
+
+~~EDIT: I'm gonna have to come back later to restructure this. We have more info coming. Stay tuned.~~
+
+EDIT: More people have reach out saying they were messaged. Can everyone do me a favor and message me WHEN you were contacted? My hypothesis is they're attempting to source leads with increased urgency.
+
+**Also those awards better be free you dirty apes.**
+
+​
+
+There has been an influx of postings by the karma-blessed folks requesting they become ~~influencers~~ shills in return for payment. Some of these folks include:
+
+[u/DrThrob](https://www.reddit.com/user/DrThrob/)
+
+[u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/)
+
+u/itspalpatime (posted about this almost 2 weeks ago [here](https://www.reddit.com/r/Superstonk/comments/mkpujb/any_of_you_guys_get_one_of_these_this_morning/?utm_source=share&utm_medium=web2x&context=3) WOW, more to come from this)
+
+u/StockMarket_Wtf
+
+u/Seaguard5
+
+u/Kilverado
+
+​
+
+(if you were also messaged I will add you here)
+
+Briefly, my background is in design and marketing. I have 4-5 years of experience in field. Besides the obvious, I was suspicious of "LifeWater Media" based upon the name alone. It felt like one of those shitty names a generator throws at you, but hey, maybe I'm just being pretentious.
+
+I was hoping they would be similar to any other media company out there and I could call it quits. However, a google search piqued my interest and I wound up on LinkedIn. Now, I'm not going to tell you the low employee count or lack of posting is a red flag to me... but it's a red flag to me. Everyone knows you practice what you preach. If you can't get your company's logistics up, how can you reproduce that for a client? Not good at all.
+
+https://preview.redd.it/mznq53k3bot61.png?width=787&format=png&auto=webp&s=bd9239fb1c6765a6e92ecf47ab77c34addfe43b6
+
+​
+
+https://preview.redd.it/0p23s8y7bot61.png?width=786&format=png&auto=webp&s=b2650f73f233a2fc30b39411cf6351b427f4de9e
+
+​
+
+Alright, I'll bite. I decided to check out the website and it's just as cringe as I imagined. It put me exactly in the mind of the projects my buddies and I would turn in during our intro to coding class. Just check out the [performance](https://lifewatermedia.com/). That's not professional whatsoever.
+
+​
+
+https://preview.redd.it/jjzggg8dbot61.png?width=1440&format=png&auto=webp&s=0e28b9a79b4f29adffd935067e77e01b4e02cfc4
+
+Edit: The address is 1415 South Voss Road Suite 110-431 Houston, TX 77057. This is what this looks like on Google Maps. It's a shopping mall y'all... and you mean to tell me..... they include 300+ suites? 
+
+​
+
+https://preview.redd.it/jbyczzih6rt61.png?width=1440&format=png&auto=webp&s=a1512f47294f5837829f8f6b85ecbbefe303f6de
+
+​
+
+Back to the website. I mean, just look at this. Business guy in the corner is ruining navigation readability and you can see the edges are cut off. The About page blurbs are short sentences with no thought.
+
+​
+
+https://preview.redd.it/md5buxjgbot61.png?width=1440&format=png&auto=webp&s=5c1deed21f571dcb20dab5185b39ea24bf00b954
+
+You'll also notice there is no portfolio and the case studies are just walls of text with no mention of a specific client (or maybe I just didn't see it. Either way not good)! Now, sometimes this is for legal reasons, but I sense this is not the case with LifeWater. I'll be honest with you though, at this point I figured I'd check the archives and see a frumpy bare bone website and that would be the end.
+
+WRONG. Check this out. There's a testimonial section that's missing from the current website. Why hide that? Do you guys see this stuff? You have a VP Investor Relations, Owner, Chairman, CEO, Cofounder, etc vouching for you! This is GREAT for credibility.
+
+​
+
+[Look at the date this was recorded](https://preview.redd.it/nccoudojbot61.png?width=1440&format=png&auto=webp&s=3b31c583b69297004acd3e8ee9e24ad9eb640120)
+
+And, my dear ape, this is great for us.
+
+The first one stood out to me most because it seemed most likely to be publicly traded. A quick google search will turn up Eclipse Gold Mining, a subsidiary of Hercules Gold USA LLC, with a parent company Northern Vertex Mining (NHVCF). I pulled them up on [Fintel](https://fintel.io/sit/us/nhvcf). I CANNOT find any institutional ownership but this little ditty popped up and I started speculating.
+
+​
+
+[Down the rabbit hole](https://preview.redd.it/8tf6px3pbot61.png?width=1072&format=png&auto=webp&s=7a2378de5668a898fe1cade6e0d04160b4c76e91)
+
+So now, let's check out Realogy's Institutional ownership. We see all the big names: Vanguard, Blackrock, and lo and behold, Apollo Management.
+
+​
+
+[uh oh](https://preview.redd.it/lr1mkl5tbot61.png?width=1029&format=png&auto=webp&s=b8398f792055dc8f353b734521174b99b81f4784)
+
+But don't worry, it doesn't stop there. Let's go back to Northern Vertex and check out who's running this shindig. You can go through them all [here](https://www.northernvertex.com/corporate/management-directors/), but we're looking for this guy:
+
+​
+
+https://preview.redd.it/pcypxs3xbot61.png?width=929&format=png&auto=webp&s=6f8fb2ce92db569f86e1cf83490305ee93ab3b4f
+
+Geoff is the cofounder of **Maverix Metals Inc (MMX).** Why does that matter? Let's take a gander on [NASDAQ](https://www.nasdaq.com/market-activity/stocks/mmx/institutional-holdings). What did I find?
+
+Oh I don't know. Confirmation bias.
+
+​
+
+https://preview.redd.it/r450h840cot61.png?width=655&format=png&auto=webp&s=bcfc48dd13b916a889c52950b0933c4c611dabbe
+
+u/Username_AlwaysTaken suggested finding when the position was added. Am i doing the ape right?
+
+​
+
+[02\/16\/2021](https://preview.redd.it/4s8ijl0mgot61.png?width=1029&format=png&auto=webp&s=8bc732a443e3067bce49d7b0c6027bb02291b9af)
+
+Look who else is here!
+
+​
+
+https://preview.redd.it/ko8quiy4hot61.png?width=1030&format=png&auto=webp&s=c39ebc646fac15fb0e8bc4b653d3a08f0362a33e
+
+**Let's talk about itspalpatime's post very briefly while I dig**
+
+They shared a screenshot of a twitter page that seems to have changed drastically. I assume this is due to angry apes (STOP INTIMIDATING THEM SO I CAN RESEARCH LMAO). Check it out.
+
+​
+
+[Before](https://preview.redd.it/ezthxw9wrot61.jpg?width=674&format=pjpg&auto=webp&s=c36c270bc4b6ceaa61943c13ef431ac58d50cb26)
+
+​
+
+https://preview.redd.it/1vxytj30sot61.png?width=605&format=png&auto=webp&s=b416028c0ceca4d007c9d10b41e0548853f2b407
+
+This is less a lead an more of a reminder to **be kind**. Wrong is wrong, but I'm sure this person doesn't want to turn down a check and surviving sometimes means taking a sketchy gig. I'm still digging, stay tuned. I know their identity. Do not post it if you find it.
+
+Edit: I have returned to talk about our Influencer Researcher. This person is based in the Philippines. A lot of the other employees on LinkedIn are from the **same** place and they probably all know each other. Did some research on the city this person is from and found there's a lot of Business Process Outsourcing (BPO) and--okay I'll spare you the details. **Citadel holds shares in some of the biggest employers of this city.** Really sucks. Honestly, if that person or any of those people are reading this... you are very talented (I saw your portfolios) and you are better than some of the people I know working for companies like Netflix and you deserve more than Citadel taking advantage of you!!!!
+
+**TLDR: Request for paid shilling linked to Citadel, Credit Suisse, and \*pending\* the post has been updated  [here](https://www.reddit.com/r/Superstonk/comments/mswcdm/lifewater_media_trojan_horse_the_ultimate_guide/)**
+Hello apes. Link to video for directly related to this post can be found on SLIDE one of the PowerPoint below.
+
+EDIT:
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+XTSLA, the BlackRock fund, IJR and IWM update:
+🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
+
+IJR: Down 0.1% weight. Down -44k shares
+IWR: Down 0.5% weight. Down -77k shares
+
+EDIT:
+
+IWN, IWM, AND IJR ALL HAVE THE BLACKROCK FUND XTSLA IN THEM
+
+HOLY TITS
+
+EDIT: Since making these posts, these headlines have came out:
+
+​
+
+https://preview.redd.it/mn4dizuen2b71.png?width=494&format=png&auto=webp&s=a8feef803739fa20d001399d6d8a8697bf9b506b
+
+​
+
+https://preview.redd.it/ljiknf7kn2b71.png?width=838&format=png&auto=webp&s=b4282029e7edecc1423e11c3a4ca7e2e4ddc3d31
+
+And this came out after my post that I made yesterday:
+
+​
+
+​
+
+https://preview.redd.it/cy53rgrko2b71.png?width=610&format=png&auto=webp&s=82eb9db22019649bf2222824b0772d4a4b9ca937
+
+[POWERPOINT](https://1drv.ms/p/s!AgLOXVUYbs6Vg0pocVjiqBEIWHiY?e=Oxn4ML)
+
+The PowerPoint going along with that video is available here:
+
+So I started to dig a little further.
+
+Before I begin, I feel it's relevant for those of you who are not familiar with me to give a slight background. If you don't GAF, then please skip to the next section. I just know that Youtubers are shunned here, but I'll explain why that shouldn't be the case for me:
+
+I have a YouTube channel that I created back in late March to actually try and help the YouTube community learn something rather than follow a bunch of hyping popcorn stock salesmen.
+
+I'm not in it for subs, views, or money, as I think at this point I've made that very clear. I'm in popcorn stock and GME, spread about 80% GME, and 20% AMC. My subs are aware of this, and I've taken shit for it, however, I don't care. My subs know I'm on YouTube for one reason: to NOT be like the others. To bring out facts in the most accurate and informative way as possible, and while saving the viewer's time. YOUTUBE IS NOT FREE. THE VIEWER IS THE PRODUCT. That's why my videos are always short, and to the point, ironically other than this one. (first one this long ever other than live)
+
+Things I've done showing I support APES, and not HYPE:
+
+\*made several videos going over the AA situation with Centricus, Citadel, the offerings, leadership differences
+
+\*called out Tom Zuzolo for promoting his business
+
+\*called out BAM for promoting the "model" he stole from a White Paper called "Model of Behavioral Analytics"
+
+\*Called out Lou for lying to his subs about his crimes
+
+And I'm still here! Anyways, that's that. Onto the DD!
+
+So this post is referring to a resource available at the iShares website:
+
+[https://www.ishares.com/us/literature/investor-education/ishares-investigates-authorized-participants-market-makers-part-1-en-us.pdf](https://www.ishares.com/us/literature/investor-education/ishares-investigates-authorized-participants-market-makers-part-1-en-us.pdf)
+
+​
+
+​
+
+[ETFs Explained, Slide 1](https://preview.redd.it/jbmfia8332b71.png?width=1431&format=png&auto=webp&s=1564151474a3de32550a79535ece05583b1a88b2)
+
+​
+
+​
+
+​
+
+BACKGROUND:
+
+​
+
+So yesterday, I started looking into the ETFs IJR and IWM, both issued by BlackRock. For time's sake, please refer to this post my latest post before this in my profile.
+
+​
+
+​
+
+Okay, so now that we know that IJR, the ETF with the most exposure to GME (9.6 Million shares) is trading ABOVE GME's daily volume, let's look at how this shit all works according to BlackRock:
+
+​
+
+[Basically, AP's, or Banks, such as JP Morgan, manage creation or redemption of ETF shares, which manages the shares outstanding.  The Market Makers, Jane Street and Citadel, provide a key role by providing liquidity to the ETF Ecosystem that ensure \\"CONTINUOUS AND EFFICIENT ETF TRADING IN THE SECONDARY MARKET\\" They are BOTH NEEDED for this process to work, but APs and Market Makers can play both roles in \\"certain ETFs\\".](https://preview.redd.it/pkdc36d142b71.png?width=933&format=png&auto=webp&s=7ebe69e0bbadf7a68660c8f2c870dd55ce5e0f76)
+
+​
+
+[Shows the Ecosystem, with some ape-speak added in.  Outside square is the creation process, and the smaller square is the redemption process.](https://preview.redd.it/kgqy4koi42b71.png?width=907&format=png&auto=webp&s=b789738effa1f41f74d6f333c65590bcac8b67b4)
+
+Okay, so now we know that Banks, Hedge funds, and the Issuer, being BlackRock in this case, are all REQUIRED to make this process work smoothly.
+
+Citadel / Jane Street provides the LIQUIDITY, Banks manage the shares outstanding / creation and redemption process.
+
+BlackRock provides the ETFs agreement with the banks, and issues the ETFs.
+
+So according to BlackRock, this there's TWO ways you can go about the creation process:
+
+​
+
+[\(full picture in powerpoint\)](https://preview.redd.it/9nml6fe952b71.png?width=778&format=png&auto=webp&s=a94531ce7c60881d3dd59e1057e034b743f1ab42)
+
+So it says here, that when DEMAND for ETF shares exceeds the supply of shares available in the market, APs (Banks and/or Market Makers) work with ETF providers (BlackRock) to create additional shares.
+
+An AP (Bank and/or Market Maker) can initiate creation in TWO WAYS:
+
+1. Delivers the *Creation Basket*, which is just a fancy way of saying bundle of securities, in this case, to BlackRock. Done with REAL SHARES.
+2. Provide CASH EQUAL TO THE FULL OR PARTIAL VALUE to BlackRock.
+
+Now, I don't know about you, but if I had to guess, I'd say that there's no more real Baskets of GME laying around, since we've already eaten those all up A LONG TIME AGO, so they're likely paying cash.
+
+Now, in return, BlackRock will deliver the "synthetic shares" to the...SYNTHETIC ETF.
+
+https://preview.redd.it/s3ylgx4862b71.png?width=578&format=png&auto=webp&s=562e44afc04979011819d51ade35ad01623679c6
+
+WHAT THE MICHAEL BURRY IS GOING ON HERE?
+
+Let's look at the redemption process:
+
+​
+
+https://preview.redd.it/eam77d7j62b71.png?width=708&format=png&auto=webp&s=0febcfbd66574611bf85f1ff2b7b2afb78cfd7ce
+
+"Conversely, when there are too many ETF shares outstanding" due to more investors selling shares than buying in the secondary market (retail market), or SUPPLY EXCEEDS demand, a Bank or Market Maker will buy ETF shares on the exchange and return them to the ETF issuer.
+
+​
+
+DING DING DING!!! THIS IS WHAT WE NEED TO HAPPEN.
+
+​
+
+However, we're not done here. They can either be "obtained by inventory" or "purchased on the exchange".
+
+​
+
+Obviously, method two would make us go boom boom. How do we make that happen again?
+
+​
+
+Oh, yeah! DEMAND. Let's look at the outstanding shares!!
+
+​
+
+​
+
+https://preview.redd.it/5p2txhu872b71.png?width=1105&format=png&auto=webp&s=46703426c8750a246cf7830d2a414577ccc3ab3f
+
+SHARES OUTSTANDING: 632,650,000 AS OF JULY 12TH
+
+BID ASK SPREAD 0.01%?
+
+DAILY VOLUME 11 MILLION?
+
+ETF IS GOING ON HERE?
+
+So based on what we learned thus far, seeing the Bid/Ask spread at 0.01% means Market Makers are not making much profit.
+
+Its' traded on NYSEArca, which if you look, was 80% short on GME based on the volume for yesterday. Will edit and provide an update for today later on.
+
+So we know the demand is already overinflated based on the shares outstanding. We know that the fund has the most exposure to GME out of any other ETF on the market, and we also know that BlackRock is the issuer of this ETF.
+
+​
+
+[This last caption concludes where I've left off, and where I'm starting to dig more.](https://preview.redd.it/nps40dyz82b71.png?width=1454&format=png&auto=webp&s=07aabc4f87c6751b346c5179e423c7810058a1c6)
+
+If you notice, XJR has a much lower amount of shares outstanding, as well as a much lower exposure to GME.
+
+​
+
+But they have one thing in common:
+
+​
+
+​
+
+[They Both hold the TXSLA fund, or BlackRock's CASH FUND.](https://preview.redd.it/qdw02x0692b71.png?width=962&format=png&auto=webp&s=3b889c8f70448d4017e660d8c8ec7c54fff7e9f1)
+
+What do we remember about CASH?
+
+It's needed for CREATION in synthetic ETFs as use for collateral.
+
+Based on all of this, is it possible that BlackRock has its' own fund inserted into both of these ETFs to funnel cash where needed to create more shares just to inevitably deliver to the banks, who then just go and sell them into the market, creating more artificial demand, calling for more artificial creation, but yet preventing MOASS at the same time?
+
+I feel this is important, and will continue working diligently on this.
+
+TL;DR
+
+IJR is a Synthetic ETF issued by BlackRock, that's #2 holdings are BlackRock's CASH FUND, and GME.
+
+According to BlackRock's own definition of its' ecosystem, large shares outstanding means that shares need to be sold into the market. The problem is, they're all synthetic, which in turn creates more artificial demand for the underlying ETFs. BlackRock's CASHFUND could be a tunnel of money flow between IJR, and IJX, another, smaller ETF with very little shares outstanding, and very little exposure.
+
+Will they just keep inflating ETFs, while using the extreme amount of married OTM Puts/Calls from Jane Street / Citadel, and others to keep the bid/ask spread 0.01% or lower, then move onto the next, rinse and repeat? Or does this come to an end? How big can the bubble get?
+
+This shit is getting crazy, and nothing these people are doing makes any sense.
+
+As Michael Burry said:
+
+"The room is crowded, there's about to be a fire, and only those closest to the door will get out."
+
+Talk to you latERR! TO MOON!
+
+\[LACK OF EMOJIS\]!!!!!!!!!!!!!
+Hi,
+
+Bit of a stupid situation from my less than intelligent mother. I have been living by myself since moving out in 2009 after graduating High school. I went to college and got a 6 month internship in the fall of 2012. Internship was paid and paid pretty well ($18/hr). Very recently I received a letter from the Oregon Department of Health Services saying there was an over payment of SNAP benefits to my family (Case name is listed as my Mom, but letter is addressed to me). This is because during the period I was working on my internship my mother still had me on her SNAP file.
+
+It wasn't an honest mistake on her part, she fed me some lines about how she needed more money for the rest of my siblings (another who was 18, but not working at the time). Obviously the government was going to figure out about this considering all they had to do was correlate tax returns and other information.
+
+The bill says I am liable for this $3600 as well as anyone else on the case (in this case its me, my mother, my step father and my younger brother). 
+
+My mom can pay back the $3600 herself, she has agreed to do this. I am mostly concerned about side effects from this over payment action that might affect me (or my other family members) in the future. Will this hurt my credit? Will it show up on background checks and other things?
+
+Was considering posting to /r/legaladvice, but my concerns are more financial than anything at the moment.
+
+Any advice at all would be very appreciated.
+
+EDIT: I contacted the DHS and let them know that I have not lived with mom during this period of time and have a hearing appointment in place.
+* EPS $(0.48) down from $(0.03) YoY
+* Total Year-over-Year Member Growth of 113% Accelerated for 8th Consecutive Quarter to 2.6 million
+* Total Products of 3.7 million Up 123% Year-over-Year
+* Record Quarterly Net Revenue Up 101% Year-over-Year and Adjusted Net Revenue Up 74% Year-over-Year
+* Adj Ebita $11.24M vs $(23.75M) QoQ
+* Lending segment contribution profit of $89.2 million increased 80% year-over-year in the second quarter of 2021
+* Over the past year, Galileo more than doubled its number of accounts, to nearly 79 million from 36 million, through growth in both new and existing clients: Total net revenue (from Technology platform) of $45.3 million for the second quarter of 2021 was up 138% year on year, which reflects a full quarter of operations in 2021 compared to a partial quarter in 2020 subsequent to our acquisition of Galileo
+
+**Q3 Guidance:**
+
+* Management expects continued strong growth in the third quarter of 2021, with expected adjusted net revenue of $245 million to $255 million and expected adjusted EBITDA of $(7) million to $3 million.
+* Management reiterates its full-year 2021 guidance of adjusted net revenue of $980 million and adjusted EBITDA of $27 million.
+
+​
+
+*SOFI stock is currently down 11.68% AH.*
+
+[https://www.businesswire.com/news/home/20210812005780/en/SoFi-Technologies-Reports-Second-Quarter-2021-Results](https://www.businesswire.com/news/home/20210812005780/en/SoFi-Technologies-Reports-Second-Quarter-2021-Results)
+I am M 29 from developing country, worked in first world countries on first world salaries for years now along with freelancing. Managed to save up 70-80% of my salary annually and finally reached my pre-covid inflation goal of savings earlier this year. 
+
+Since my goal was to always move back to my home country where cost of living is pretty cheap, my savings goal was also obviously lower compared to others who wish to retire in the west (just giving context).
+
+
+I am scared to take the plunge and retire seeing the runaway inflation happening worldwide. All the major safe plays like MF, Index funds, etc are no longer keeping up with inflation and I feel like the most hurt by this are the people who have savings (like us).
+
+
+My goal was to always retire before 30 because of my unique circumstances I’ve ran the calculations and I knew back then I could easily get here. 
+But now I am here, I am scared to take the leap fearing the future. 
+
+
+How are you guys (esp the ones that retired already) dealing with the inflation? I am beginning to think I can never jump off the hamsterwheel.
+Over 60% of my portfolio is XEQT. I’ve invested for 4 months and I have 6k invested in XEQT... however, for 6k invested I have only earned 15 dollars on this ETF. Is this normal- is it just the markets? Sorry, I’m new and want to be sure that this is normal and if this ETF is a good choice.
+**I was there 35 years ago**, on "Black Monday" October 19, 1987 - the largest 1-day market crash - U.S. stock market fell more than 20% in one single day.  
+
+"Speculative investing that depended on the bull market to continue was prevalent among individual investors, often including the brokers themselves." - *Wikipedia* also [The Stock Market Crash of 1987](https://www.investopedia.com/terms/s/stock-market-crash-1987.asp)
+
+There was gambling - I had previously worked for an "Option House" brokerage in Miami FL and, in fact had Call options live on Black Monday... Yes I got hurt financially, pretty bad.  The Market actually recovered within weeks. 
+
+On Black Monday I was traveling on business, to New York City.  There was Panic evident - a car crash, people yelling. I saw guys in suits, on The Street, messed up - looking like they'd been hit by a truck. 
+
+There was no Internet.  Period.  You called your Stock Broker over analog phone lines.  On the road, you made trades from a phone booth.  Trading was done Live, at the brokerage office.  Like betting at the horse track. 
+
+Very few people had a Cell Phone, the first Motorola Brick phones and car phones were rare.  You made your phone calls from a Hotel room. 
+
+We all smoked cigarettes on the plane, at the bank and grocery store, in the movie theater, everywhere! 😎
+So, happy new year to all. I spent the last two years getting off and on sober with a track record of six months off meth. During my meth spree, I ruined my credit all out, made a black mark in cheqsystems or whatever it’s called. I have a 509, no car(transmission just gave out) and I live at an extended stay hotel for the next six months paid due to my disabled wife’s help. I’m ready to take full accountability and full responsibility for my life and get my shit in order but I have no idea where to start. Any advice?
+https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value_month=202211
+
+30Y: 3.83%
+
+1M: 3.97%
+
+While the 2Y / 10Y has been inverted for quite some time, the 1M/10Y and 1M/30Y prices inverted within the past week or so. I've been keeping an eye on it, trying to grok the meaning of this "deeper" inversion.
+
+I'm not sure if I have much to contribute, aside from the standard "reliable predictor of recession", and all the other information that yall probably already know. Still, its probably worth bringing up the subject of yield curve inversions and the timing of recessions.
+
+I know a recession is "predicted" by these inversions, but I don't know if the "depth" of the inversion matters, or 1M vs 30Y has much difference than 2Y and 10Y.
+I’m new to theta gang and it’s going great so far. Everything I’ve read so far makes me feel like this is a somewhat conservative strategy as long as you manage position size (I.e. don’t get into 100 tsla spreads at once). 
+
+I can’t think of any way I’d deploy my capital to completely blow up my account, so I’m interesting in hearing from people who have blown up their account. What were your bad moves so we can learn from them?
+My friend told me that the Options are a zero sum game and that neither Option buyers or Option sellers have an advantage.
+
+He also says assuming even if Option sellers have the advantage of time decay and having the stock be in the correct direction other Option sellers would be faster and eventually cause the premium to go down to that point where Option sellers and Option buyers lead to a net zero outcome. 
+
+Thoughts?
+I’m considering using around 1300 to run a PMCC strat on SPY. My idea is to buy an ITM long call around 70 delta for 28 days out, then take advantage of the 3 exp per week and sell a short leg multiple times a week, then roll out. My question is whether this strat is realistic in terms of risk and reward. Also, how fast does theta eat into the long leg that is 28 - 30 days out? What do you think the margins for these type of trades are? Can I realistically pull this off?
+
+Thanks
+I stumbled across the wheel strategy about 6 months ago.  Decided to allocate a portion of my portfolio to this strategy.
+
+After 6 months I have made $6600 on the initial $45k I allocated.   This was a little better than what I was hoping/aiming for as I was hoping to run about 2% a month.  
+
+I chose a variety of stocks that I didn’t mind holding long term.   For the most part I’m selling covered calls as I was comfortable being assigned the stocks.  I just realized yesterday, If I sold all the underlying I would have about $35k.   
+
+So my question is for those that have been doing this for years.  I’m I really winning?   If I take profit plus current market value I’m actually down $4k after 6 months.
+
+On a few of the stocks I’m selling CC below my cost basis to try and keep around the 2% as I figure I can roll if the price moves on me.  
+
+Should I worry that I’m down overall if I don’t have any issues holding the underlying for years and I’m still able to run in the 1.5-2% range?
+
+Thoughts?
+I’m new to theta gang and it’s going great so far. Everything I’ve read so far makes me feel like this is a somewhat conservative strategy as long as you manage position size (I.e. don’t get into 100 tsla spreads at once). 
+
+I can’t think of any way I’d deploy my capital to completely blow up my account, so I’m interesting in hearing from people who have blown up their account. What were your bad moves so we can learn from them?
+This guy gets on TV and makes bold stock predictions every day and is completely wrong almost every time. Then the next day plows ahead like yesterday never happened and makes more predictions that are inevitably wrong.
+
+Contradicts himself nonstop and most importantly has significantly underperformed the market according to some of the most recent studies ([https://www.ifa.com/articles/cramer\_chasing\_mad\_money/](https://www.ifa.com/articles/cramer_chasing_mad_money/))
+
+He claims to have returned an average of 24% over 14 years of his hedge fund operating although this data is conveniently private and highly disputed. How does someone who can allegedly beat the market by so much in his private hedge fund all of a sudden start preforming terribly once his positions are public? He shouldn’t be on TV giving market predictions let alone starting an “Investors Club” marketed towards “building long term wealth”.
+
+Is the entertainment factor the only thing that gets him airtime on such a reputable outlet like CNBC? 
+
+This is the same guy who was ignorant enough to openly admitted to illegally manipulating stocks in his hedge fund in 2006 in a video that he’s using his website TheStreet to flag and remove from the internet. [https://www.reddit.com/r/videos/comments/l8m69d/jim\_cramer\_admitting\_to\_how\_he\_manipulated\_t](https://www.reddit.com/r/videos/comments/l8m69d/jim_cramer_admitting_to_how_he_manipulated_the/)[he/](https://www.reddit.com/r/videos/comments/l8m69d/jim_cramer_admitting_to_how_he_manipulated_the/)
+
+
+
+TLDR; Inverse Cramers predictions and you’ll be lambo shopping by the end of the month
+I’m looking for book recommendations that my husband and I can read to feel informed as we inch closer to owning rather than renting. We have been exploring the idea of buying a condo as a stepping stone to eventually owning a home down the line. Anyway, looking for reading material that you recommend. Thanks!
+Some of you might have heard of $Elongate as of now. Immediately after the tweet by Elon Musk ([https://twitter.com/elonmusk/status/1375033483148451842?s=20](https://twitter.com/elonmusk/status/1375033483148451842?s=20)) a crypto token was created and it was flying high (**over 20k holders in 4 days**), actually the fastest growing coin ever. Well, the hype settled, most of the whales cashed out and what's left are nearly 26k holders willing to hold for better days. Because the price has been constantly going down. So this might be the time to buy in, because I'm still positive that this can be a long-lasting project.
+
+**Why I still believe in the project?**
+
+✔️ Tokenomics (5% is redistributed to holders, 5% is burned.) -> I gained over 5b coins just for holding through redistribution.
+
+✔️ over 40% of the tokens already burned and more coming
+
+✔️ NFTs very imminent with 80% going to charity (partnership with United Nations World Food Programme, donation at 25Mio. market cap)
+
+✔️ CoinMarketCap, Coingecko and donations for major exchanges coming soon
+
+✔️ And last but not least: the community! There's nearly 4k members in the subreddit already, spreading good vibes, memes and knowledge about $Elongate. We'd love to welcome **YOU** as a new member.
+
+**All the links you need:**
+
+💰 Buy $Elongate: [https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x2A9718defF471f3Bb91FA0ECEAB14154F150a385](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x2A9718defF471f3Bb91FA0ECEAB14154F150a385)
+
+**🖨️** BSC Scan: [https://bscscan.com/token/0x2A9718defF471f3Bb91FA0ECEAB14154F150a385](https://bscscan.com/token/0x2A9718defF471f3Bb91FA0ECEAB14154F150a385)
+
+**📈** Charts: [https://poocoin.app/tokens/0x2a9718deff471f3bb91fa0eceab14154f150a385](https://poocoin.app/tokens/0x2a9718deff471f3bb91fa0eceab14154f150a385) (Poocoin)
+
+[https://blockfolio.com/coin/ELONGATE?timeFrame=1W](https://blockfolio.com/coin/ELONGATE?timeFrame=1W) (Blockfolio)
+
+**🌐** Website: [http://elongate.cc/](http://elongate.co/)
+
+😀 Subreddit: r/ElonGateToken
+
+**✉️** Telegram: [https://t.me/ElonGateChat](https://t.me/ElonGateChat)
+Final(ish) installment of the simple lifestage tips using US examples, this assumes you read [ELI18](https://www.reddit.com/r/personalfinance/comments/4tfc76/eli18_personal_finance_tips_for_young_adults_us/), [ELI22](https://www.reddit.com/r/personalfinance/comments/4tlqsd/eli22_personal_finance_tips_for_older_young/), and [ELI30](https://www.reddit.com/r/personalfinance/comments/4uoycd/eli30_personal_finance_tips_for_thirtysomething/).  
+
+About the "ELI40" designation.  While you can use this info before or after 40, employment income growth often starts to taper off then.  If you have ~$50,000 or more in savings outside of retirement / house savings, put it to work for you.  (You can put less to work; it just won't get much done.)   Without trying to replicate /r/financialindependence,  your options include:    
+
+- [Rewritten for clarity] Let's first make sure your retirement funds are adequate.  For example:  to sustainably generate a median ~50k today's-dollars household income just from investments in your mid-60's, you'd need $1M+ in retirement assets.   If at age 30 you (yourself, or household) have close to $100,000 in tax-advantaged retirement assets (401k, IRA, etc), you are on track for that $1M+.  That's a lot for people who might have been in school longer, or had to repay loans.  A checkpoint at age 40 is somewhere near $250,000.  If you want that income but your savings are considerably lower, consider adjusting your retirement contributions  before doing other types of investments.  If you have different goals and assumptions, then your checkpoints would be different, and perhaps lower.
+
+- As you start [investing](https://www.reddit.com/r/personalfinance/wiki/investing) for shorter-term goals, you need to understand types of financial assets, types of income, and how they are taxed.   Government and corporate [bonds](http://money.cnn.com/pf/money-essentials-bonds/) are loans that pay you interest and eventually return your principal, much like bank accounts or CDs.  Equities aka [stocks](http://money.cnn.com/pf/money-essentials-stocks/) give you an ownership share in a private company, providing current income from [dividends](http://money.cnn.com/retirement/guide/investing_stocks.moneymag/index3.htm) as well as potential price appreciation.  Each has its advantages.
+
+- Stocks and bonds pay current income, and have a resale value  based on how the company is perceived for stocks, and what interest rates are doing for bonds; bonds lose value when interest rates rise.  Stock prices changes up or down of 10%  in a week and 50%  in a year are common.  Bonds are more stable; less than 10%/year is more typical.  Stocks are usually valued more for their future price growth, called [capital gains](http://www.dummies.com/how-to/content/how-capital-gains-are-taxed.html), whereas bonds are valued for their income and stability.   Stocks historically provide better overall returns than bonds, at higher risk.  Not everybody is happy seeing the value of their stocks go down 20% for a while, but it's part of the deal. 
+
+- You buy and sell shares of stock from people who want to do the opposite transaction.  Who's right?  Statistically, most people are [bad](http://www.marketwatch.com/story/individual-investors-are-destroying-their-wealth-2012-10-19) at buying and selling stocks.    [Professional investors](http://www.marketwatch.com/story/almost-no-one-can-beat-the-market-2013-10-25) are not any better than average, either.  Can you win trading stocks?  Sure.  You could be smart, or you could be lucky.  But you probably won't be both over an extended period of time.  If you want to try your luck, do it with a small percentage (~5%) of your investments.  
+
+- We  reduce our risk of being wrong by investing in [mutual funds](https://www.fidelity.com/learning-center/investment-products/mutual-funds/what-are-mutual-funds).  We pay a fee to own shares of a fund that gains or loses value based on the stocks it owns.  (There are also bond funds.)   The funds that statistically offer the best gains at the lowest risk with the lowest cost are know as [index funds](http://www.marketwatch.com/story/4-things-you-might-not-know-about-index-funds-2015-08-26); these blindly invest in all shares meeting a given criteria, not trying to pick only "undervalued" stocks.  It sounds crazy, but  it works better than other alternatives, with [lower fees](http://www.schwab.com/public/schwab/investing/pricing_services/understanding_fees/portfolio_management), making [John Oliver ](https://www.youtube.com/watch?v=gvZSpET11ZY) happy.  Lower fees always helps you.  Investing in a few different index funds provides potential gains at lower risk of steep price drops.  You create a [portfolio](http://www.investopedia.com/terms/p/portfolio.asp) of investments; the selection of investment types is determined by your [asset allocation](http://money.cnn.com/pf/money-essentials-asset-allocation/).   The so-called [three-fund portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio) uses index funds of US stocks, international stocks, and bonds to provide high expected growth and lowest [volatility](https://en.wikipedia.org/wiki/Volatility_(finance)).  The target date fund we introduced in ELI22 uses more stocks when you are younger to get better long-term growth, moving to bonds as you  near retirement age to protect against large losses.
+
+- To invest this way, you open an account with Vanguard, Fidelity or Schwab as you would with an IRA, but you designate it as a taxable account.  You give them money to invest it in your choice of index funds.  There's no limit to this; you can invest hundreds of thousands of dollars this way.  You don't try to [time the market](http://www.marketwatch.com/story/why-market-timing-doesnt-work-2013-10-23) by selling out based on market changes, because you are probably wrong about that.  Your account will pay you dividends on a monthly, quarterly or annual basis, which will be reported as taxable income at a favorable tax rate.  When you do decide you want the money for some other reason, you will sell some of your funds, and pay capital gains tax on the difference between what you paid for the fund and what you sell it for.  This is also at favorable tax rates.  
+
+And that's the basics of how to invest your spare cash in the stock market, where you can expect to make up to ~30% or lose up to ~15% of your money in any given year; the long-term average is usually about 6% after inflation, but it can take a decade to realize that average.  There are many, many more aspects to consider, including how to save taxes with [capital losses](http://www.bankrate.com/finance/taxes/capital-losses-can-help-cut-your-tax-bill.aspx), how to be  [tax-efficient](http://www.schwab.com/public/schwab/nn/articles/The-Importance-of-Tax-Efficient-Investing), and when to use [Exchange-Traded Funds](https://investor.vanguard.com/etf/).  But you know enough to be make money (and be dangerous...) now.
+
+Financial assets are not the only thing you can invest in.  Let's do a brief overview of the most popular alternative investment, that being real estate held for rental or resale.
+
+-  Real estate provides current income as well as price appreciation (or loss) potential.  Unlike financial investments, real estate has significant ongoing management and maintenance cost and effort, with some favorable tax treatment and [leverage](http://www.investopedia.com/articles/investing/073113/leverage-what-it-and-how-it-works.asp) potential to counterbalance that.  
+
+- You invest in real estate by buying something that someone wants to sell.  The hope is you choose wisely.  You look for a property with either good rental income potential, or good resale potential.  (Possibly both.)   Note that this may not be the same as a house you might want to live in; it could be a cheaper multifamily building, for example. You provide a down payment and take out a loan as with a residential property, though your [financing](https://www.biggerpockets.com/real-estate-investing/financing) won't usually be as favorable in terms of down payment, credit and rates.  You'll be responsible for the mortgage, taxes, insurance and repairs while you own it.  Now for rental, you find renters who will pay you to live there on an ongoing basis, or for resale, you improve the property to make it more valuable for a quick profit on subsequent sale. 
+
+- If you rent the property, you are a landlord, congratulations!  There are many [legal responsibilities](https://www.legalzoom.com/articles/real-estate-series-part-ii-what-is-a-landlord-responsible-for) of being a landlord, in terms of how you decide who to rent to, how you handle maintenance, and what you can do regarding evictions.  Many investors use a [property management](http://www.nolo.com/legal-encyclopedia/landlord-hire-property-management-company-29885.html) company to handle details of finding renters and managing the property, at a fee of perhaps 10% of rent.  You will also have to pay for repairs (sometimes immediately), maintenance and your ongoing financing.  Your rental income is taxable to you as Schedule E income, but you can deduct almost all of your costs, including interest, taxes, maintenance, management fees, etc.  You also deduct [depreciation](http://www.investopedia.com/articles/investing/060815/how-rental-property-depreciation-works.asp), which means the tax code thinks your building is losing value, although you hope it is not.  
+
+- When you resell the property, you hope that it has increased in price; you take this as [capital gains](http://homeguides.sfgate.com/capital-gains-rules-investment-property-1966.html) if you own the property for more than a year, or as business income if you are [flipping houses](http://www.bankrate.com/finance/money-guides/tax-consequences-of-flipping-real-estate-1.aspx).    If you kept your down payment small and your rent covered your ongoing costs, it's possible to leverage a small down payment into a good ongoing return at low tax rate.  You may even use your returns to invest in more rental property.   The downside of real estate investment centers around the [tenants](http://www.moneycrashers.com/deal-with-bad-tenants/); they can miss payments, damage the property, or have to be evicted, which reduces your rate of return.
+
+- Note that it is possible to rent just a subset of a building; this is how you handle [renting out rooms](http://money.usnews.com/money/personal-finance/articles/2015/04/09/7-things-to-remember-before-renting-out-a-room) in your residence, for example.  Many of the same income, tax and landlord consideration come into play.  You take a deduction on the [expenses](http://www.nolo.com/legal-encyclopedia/tax-issues-when-renting-out-room-your-house.html) of the portion of the house you rent out.  
+
+So, there we have a couple of alternatives for you to invest your hard-earned money.   You could also [start your own business](https://www.sba.gov/starting-business/how-start-business/10-steps-starting-business), invest in [collectibles](https://www.thestreet.com/story/13269749/1/7-collectibles-that-arent-completely-worthless.html), make [peer-to-peer loans](http://www.marketwatch.com/story/why-income-investors-should-consider-peer-to-peer-lending-2015-12-29); lots of possibilities for self-study!  Let's cover a few other topics that I seem to have promised along the way, or that seem like a good thing to cover in this issue:
+
+- [Selling your primary residence](http://www.investopedia.com/articles/mortgages-real-estate/08/home-seller-mistakes-selling-house.asp) is a complicated process, either taking your time and money, or the costs of real estate broker, who might then claim 5%+ of your sale price.  You want to price the property correctly, negotiate the sales contract carefully, and figure out where you will go after the sale.  You might even be making an offer on a new house [contingent on the sale](http://www.investopedia.com/articles/personal-finance/111513/home-sale-contingencies-what-buyers-and-sellers-need-know.asp) of the old one.  The good news is that any gains on the sale of a primary residence are [free of capital gains taxes](https://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Tax-Aspects-of-Home-Ownership--Selling-a-Home/INF12035.html) up to $250,000 (or $500,00 for a couple).  You could instead hold onto your old house and rent it for investment purposes, which means you lose that tax break.  Since you probably didn't buy your house  thinking it was an attractive [rental property](http://www.moneyunder30.com/why-your-house-is-not-an-investment), it may be too expensive to make this a good use of your money, though; your mortgage may also not allow you to do this legally.  
+
+- Investing for college is another complicated topic.   State-run [529 plans](http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php) allow  college savings to accumulate tax-free as with an IRA, but with no a priori limit on contributions, so you can invest in these at any time.   You can only use 529 plan balances to pay for higher education, so if your child/children don't go to college or don't need all the money because they chose a low-cost school, then you'll owe taxes and be penalized at 10% of any gains not used for education.  529 plans may provide breaks on state income taxes.  There are various ways to optimize how 529 plans are treated in terms of FAFSA/ financial aid; for example, if a [grandparent](http://www.savingforcollege.com/grandparents/) establishes a 529 plan, then this is not counted as parental assets.   529's are not your only option; you could invest generically, perhaps using a [Roth IRA to pay for college expenses](http://www.marketwatch.com/story/3-reasons-to-use-a-roth-ira-to-save-for-college-2015-03-25) without paying taxes or penalties.
+
+Speaking of helping / being helped by family members, here are some general tips to be aware of regarding family transactions:
+
+- There is almost never any "[gift tax](http://www.nolo.com/legal-encyclopedia/the-federal-gift-tax.html)" on any transaction, either to giver or recipient, whether or not they exceed $14K annually.  You just need to do more paperwork as the giver of over $14k gifts, and it may reduce your eventual $5M estate tax exemption.  So, for most people, not an issue.  Give freely, and receive without anxiety.
+
+- Inheritances have some [unique tax treatment](http://www.alllaw.com/articles/nolo/wills-trusts/must-pay-income-tax-inherited-money.html).  You don't owe any federal taxes on inheritances of money or property.  Free money...unless you are in one of the six states with an inheritance tax, but even then, you probably aren't affected.  (Along with gifts, these are separate property even if the recipient is married.)   If you receive a house or stock, the basis of the investment is the fair market value of the property at the time of death, which means you can sell these without owing taxes.  If you [inherit a retirement plan](https://www.fidelity.com/retirement-ira/inherited-ira/learn-about-your-choices) like an IRA, then you will be taxed on distributions, though.  
+
+- Sometimes we advise younger people to get a co-signer for apartments, cars and student loans.  This is good for the person who you are co-signing for.  For you?  Not so much.  Co-signing is actually a [huge risk](http://www.bankrate.com/finance/debt/reasons-not-to-co-sign-loan.aspx).  You could be on the hook for $100,000 of student loans if your ungrateful child decides they don't want to repay them.  Not fun.  You should never co-sign for any amount that you wouldn't be comfortable gifting instead.  
+
+This concludes the planned series;  I hope you have enjoyed it. If there is enough demand for other topics, either more advanced ones (estate planning, establishing a corporation, "stupid tax tricks" like mega-back-door IRAs), or ways to deal with adversity (collections, defaults, bankruptcy, divorce, etc), let me know and maybe we can put something together.  Thanks for your reading and comments, and best of luck to you!
+Definitely see benefits to communities of densification.  Trying not to be nimby person, but also nervous about potential loss with newly purchased home, and figuring out best steps from here (whether to stop investing in home upgrades, etc).  Home is owner occupied, but could be investment geared property (small triplex).  Largely SFH street, though one six-plex nearby and another guessing 4plex rentals.
+I work at a grocery store and was given a $200 gift card to the store. I used it once and spent $10. I had a really shitty morning and threw my pants in the wash forgetting about my wallet but remembering to take out literally everything else. the gift card is destroyed. it was on paper and now it's in a million tiny pieces. I want to cry. I make like $800 a month as a student and pay ~$650 in rent + utilities. This gift card was supposed to cover groceries for the next little while so I can focus on paying my $233 medical bill and buy Christmas presents.
+
+Some of you may have seen certain posts floating around telling everyone the price needs to stay above $40 etc, it’s FUD. I’m not even going to link them, but first obvious sign it’s FUD, is that it’s basically word for word being reposted by multiple account. Basically the claim is; GME needs to finish above $40 otherwise Melvin can cover their positions as they have puts with $40 strike price. This is incorrect. Puts cannot and are not used to cover shorts, so none of this makes sense. The price can go below $40 and NOTHING changes, so it's not doom and gloom if it goes that low. 
+#The post throws around the words puts and shorts as if they are interchangeable terms, they are two different things. 
+
+Puts are options, and have an expiration date which you CAN let expire with no costs beyond the amount you originally paid to purchase those contracts (premiums). Example, if the contract expires 02/19/21, you can let it expire at no cost beyond what you have paid to purchase that option. A short means you have a contractual obligation, eg you HAVE to buy the share back at some point to give back to the broker. A put is simply a contract stating you CAN sell a share at X price. 
+Eg you buy a Put contract with a strike price of $50, you pay a small amount for that contract, then if the price goes down to say $30 you would buy the stock and exercise your put contract so you can sell it at $50 essentially making $20. But if the price doesn't go down lets say it actually goes up to $70 and the expiration date on the contract is the 02/19/21 when that date rolls around you can do nothing, let the contract expire and simply lose the little amount you paid for the contract. 
+
+#SHORT STOCK DOESN'T HAVE AN EXPIRATION DATE 
+
+Hedgefund whales are spreading disinfo saying Friday is make-or-break for $GME. Call options expiring ITM on Friday will drive the price up if levels are maintained, but *may not trigger the short squeeze*.  Or even talking about puts. 
+
+It may be Friday, but it could be next week that we see the real squeeze. 
+
+#DON'T PANIC IF THE SQUEEZE DOESN'T HAPPEN SOON. 
+
+It's not guaranteed to. The only thing that is *guaranteed* mathematically is that the shorts *will have to cover* at *some* point in the future. They are trying to get enough people hooked on the **false expectation** of Friday so that if/when it doesn't happen, enough will sell out of panic/despair. **DON'T BE THAT PERSON.** 
+
+#WE LIKE THE STOCK 
+
+#KEEP HOLDING UNTIL THEY FEEL THE PAIN, WHETHER THAT'S FRIDAY OR NEXT WEEK. EVEN MONTHS. THEY WILL HAVE TO COVER.
+
+Credit: u/Hamisgoodforyou and u/MCicero
+Not financial advice
+.　　　　　　　　　　 ✦ 　　　　   　 　　　˚　　　　　　　　　　　　　　\*　　　　　　   　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　. 　　 　　　　　　　 ✦ 　　　　　　　　　　 　 ‍ ‍ ‍ ‍ 　　　　 　　　　　　　　　　　　,　　   　 
+
+.　　　　　　　　　　　　　.　　　ﾟ　  　　　.　　　　　　　　　　　☀️　　. 
+
+,　　　　　　　.　　　　　　    　　　　 　　　　　　　　　　　　　　　　　　  　　　　　　　　　　　　　　　　　　    　      　　　　　        　　　 
+
+　　　　　　　　　　. 　　　　　　　　　　.　　　　　　　　　　　　　. 　　　　　　　　　　　　　　　　       　   　　　　 　　　　　　　　　　　　　　　　       　   　　　　　　　　　　　　　　　　       　    ✦ 　   　　　,　　　　　　　　　　　    🚀 　　　　 　　,　　　 ‍ ‍ ‍ ‍ 　 　　　　　　　　　　　　.　　　　　 　　 　　　.　　　　　　　　　　　　　 　           　　　　　　　　　　　　　　　　　　　˚　　　 　   　　　　,　　　　　　　　　　　       　    　　　　　　　　　　　　　　　　.　　　  　　    　　　　　 　　　　　.　　　　　　　　　　　　　.　　　　　　　　　　　　　　　\* 　　   　　　　　 ✦ 　　　　　　　         　        　　　　 　　 　　　　　　　 　　　　　.　　　　　　　　　　　　　　　　　　.　　　　　    　　. 　 　　　　　.　　　　 🌑 　　　　　   　　　　　.　　　　　　　　　　　.　　　　　　　　　　   　 
+
+˚　　　　　　　　　　　　　　　　　　　　　ﾟ　　　　　.　　　　　　　　　　　　　　　. 　　 　 🌎 ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ,　 　　　　　　　　　　　　　　\* .　　　　　 　　　　　　　　　　　　　　.　　　　　　　　　　 ✦ 　　　　   　 　　　˚　　　　　　　　　　　　　　\*　　　　　　   　　　　　　　　　　　　　　　.　　　　　　　　　　　　　　.
+Hello Superstonk!
+
+For those of you who are active users of Superstonk, you’ve probably become aware of some of the increased communication around rules, bans and changes to the sub.
+
+# Let’s recap for a moment.
+
+https://preview.redd.it/prj5esflmb8a1.jpg?width=1065&format=pjpg&auto=webp&s=502091ebae0fa0d258345254be3f3d761f3b6286
+
+**Brigading / Community Interference**
+
+Due to increased restrictions surrounding brigading / community interference concerns, we no longer can include usernames or avatars in screenshots. We especially cannot discuss content regarding other subs or other moderation teams.
+
+Additionally, please ensure you are not interfering with other subreddits. Please do not cross-post Superstonk content into communities where the content may break their sub’s rules. Lastly, please alert us via [modmail](https://www.reddit.com/message/compose?to=%2Fr%2FSuperstonk) if you come across brigading / community interference in other subs.
+
+We encourage everyone to read [Reddit’s Content Policy](https://www.redditinc.com/policies/content-policy) as well as [Reddit’s User Agreement](https://www.redditinc.com/policies/user-agreement). Additionally, take a peek at the [Moderator Code of Conduct](https://www.redditinc.com/policies/moderator-code-of-conduct); these are the rules that we as a moderation team have to ensure we are always following to ensure the stability of Superstonk.
+
+We are going to take a moment to highlight Rule 3 of the Moderator Code of Conduct as well:
+
+https://preview.redd.it/l8aeoho5zb8a1.png?width=1438&format=png&auto=webp&s=938756863209bef62f14079f5c25353ccd8b235f
+
+For clarity, going to share communication received from reddit admins.
+
+We received the first image 18 days ago, which linked to the second image's message. The second message was sent when the sub first came to be. The brigading issues that occurred then centered around the migrations.
+
+https://preview.redd.it/u1sn2dt72h8a1.png?width=922&format=png&auto=webp&s=83390624816b9a0c67990ca23d8f97738b00f108
+
+https://preview.redd.it/uu5rdw0b2h8a1.png?width=557&format=png&auto=webp&s=e73d423e90c4432755c5097651ddd4a6f843a45b
+
+**Update: We received this new message from admins today.**
+
+https://preview.redd.it/xaf9vxssah8a1.png?width=2048&format=png&auto=webp&s=adc8e46a36206d1308887c748d1689904f69fc60
+
+**Update 2: A more positive update we just received.**
+
+https://preview.redd.it/9hteo40o5i8a1.png?width=2048&format=png&auto=webp&s=ecbfd6148d636228a2d47d9ad58f554e9f60e9c0
+
+*See our last communication with more details surrounding brigading* [*here*](https://www.reddit.com/r/Superstonk/comments/zh4eqd/attention_superstonk/)*.*
+
+​
+
+**Username Tags**
+
+As of last week, it is no longer possible to use user tags in our community. Moderators cannot be tagged however we do have a workaround. If you write a moderator's name in a comment (do not use the “u/”), we'll get a notification. You can also contact us via modmail [here](https://www.reddit.com/message/compose?to=%2Fr%2FSuperstonk).
+
+*See our last communication with more details surrounding no longer being able to tag users* [*here*](https://www.reddit.com/r/Superstonk/comments/zoa6ed/brief_community_update_tagging_users/?utm_source=share&utm_medium=web2x&context=3)*.*
+
+​
+
+**Reddit Bans**
+
+A few days ago, one of our mods and some of our community members caught bans from Reddit. Most of these bans have been temporary, but we have been alerted to a few permanent bans. We believe most of these bans have been issued unfairly and encourage anyone who has received one of these Reddit bans to appeal [here](https://www.reddit.com/appeals).
+
+Here’s what we believe to be the reason for these recent bans from Reddit:
+
+There are certain reports that are only available to moderators, these types of reports include ‘report abuse’ and ‘community interference’. Moderators are encouraged to use these reports to ensure communities are safe and the Reddit content policy is being followed. For nearly two years, we have never experienced issues when utilizing these reports.
+
+For example, if there was a comment on the sub that had 3 reports, 2 of those reports were for *No FUD, Shills, Bots, Lies, Spam, Phishing* and 1 of those reports was for *Self-Harm or Suicide*, we would report the comment containing the *Self-Harm or Suicide* report for ‘report abuse’ if that was not actually a concern for the reported comment.
+
+With this case of the recent Reddit bans, we believe when there were reports made for ‘report abuse’, Reddit then blanket issued bans for anyone who reported those comments or posts, even if their reports were legitimate.
+
+Due to this recent issue and flaw with moderation reporting tools, the moderation team has discontinued the use of moderator reports.
+
+Superstonk users should continue reporting rule-breaking posts or comments, however, please ensure you are only reporting content that actually breaks rules.
+
+If there is a post or comment that does **not** break rules, however you deem suspicious, instead of reporting it, send us a modmail so we can look into the content or user in question. However, the report function should not be used to report content you just disagree with. It should not be used as a tool for censorship, you should instead try to engage in a discussion or civil debate. Superstonk is nothing without our calm peer reviews and shared knowledge.
+
+To take this a step further, oftentimes, the Daily Discussion posts generate quite a bit of reports, specifically for *No FUD, Shills, Bots, Lies, Spam, Phishing*. Please, do not report comments just because you do not like or agree with the user if they are not breaking any rules with their comments as there is a chance Reddit could also issue a ban for users who are over-reporting content that does **not** break rules.
+
+​
+
+**Reporting Posts / Comments Refresher**
+
+To report a post or comment, tap or click on the 3 dots. From there, you’ll see this:
+
+https://preview.redd.it/pg1spb6omb8a1.png?width=421&format=png&auto=webp&s=17700f57911ddfa59a2af02a2247519bfbbfdd4a
+
+If a post or comment is breaking Superstonk’s rules, make sure to select that, and you’ll be taken to the list of our sub rules where you can then make your report.
+
+https://preview.redd.it/hp78280zrb8a1.png?width=399&format=png&auto=webp&s=3ba9ed565f5658e28e231fbf3bfbe28d3f7cb382
+
+**Okay, Recap’s over… Moving on.**
+
+# Where Superstonk Stands Right Now
+
+**At this time, we have no reason to believe that Superstonk is at risk for being shut down**.
+
+As a moderation team, we are doing everything we can to protect Superstonk. We are not planning on going anywhere and hope that this sub will still exist long past MOASS. As long as this community is ensuring diligence with adhering to Reddit’s rules, specifically with brigading / community interference concerns, there should be no cause for concern. All of the steps listed below are to ensure Superstonk is protected and that the sub does not go anywhere.
+
+Steps we are taking:
+
+* We’re engaging directly with Radmins to discuss rules and make sure we are in compliance.  In transparency, much of the concerns we have raised have gone unanswered to date, but we’re continuing to engage in good faith.
+* We’ve updated our rules to address screenshots:
+   * Reddit Screenshots cannot have Usernames, Avatars, and/or Subreddit names visible
+   * If you're posting a screenshot from Reddit, please make sure you can't see any Usernames, Snoos (Avatars), or Subreddit names.
+   * If it's a screenshot from our Subreddit, you may link to the original comment to give the user credit.
+* We’re ensuring content and users that break brigading rules are swiftly given corrective action.
+* We will be enforcing stricter moderation surrounding meta content, specifically meta content about Reddit, Reddit Admins, or other subs.
+
+We’re respectfully asking this community to please stop with these types of meta posts, especially those about other subs or users outside of Superstonk. These meta posts and discussions are not helping. They are part of the problem, and if they continue, they are adding to the potential for instability in this platform. Please refocus and ensure content being posted to Superstonk is GME focused. This is a warning that we will be taking action on meta content to protect the sub. Limiting meta content is a direction previously given by Reddit admins due to past community interference issues.
+
+**WHAT IS A META POST?**
+
+Meta Posts / Meta Memes are not about the subject of this subreddit (GameStop) but instead are about the subreddit, the users, Reddit, or other subs and their users.
+
+https://preview.redd.it/dvkwhn0ymb8a1.jpg?width=1070&format=pjpg&auto=webp&s=940b5338a356a0b7e7b846602be29b64806c4775
+
+# Additional Points
+
+**User Approvals**
+
+We may start increasing our approvals somewhere in the next few weeks, primarily for users that are already contributing here and already meet our karma and age requirements but that haven’t been approved yet (because they don’t need to since they’re already able to comment and post).
+
+In the past, we’ve approved apes that did not meet those requirements to allow them to still participate in the community, but we’ve never gotten around to approving those who were already able to comment and post here. We don’t see anything changing in terms of an increased number of posts or comments, since again: these are people that are already on the sub posting and commenting, but still wanted to give a heads up to the community.
+
+Should there ever be an instance of the sub being made private, these approvals will ensure that we don’t leave any current contributors behind. Additionally, should this situation arise, we now have the ability to set karma limits to ‘Superstonk’ karma rather than just Reddit karma.
+
+***Please note, at this time we are not considering going private; we are just taking this measure as a precaution.***
+
+​
+
+**Superstonk Discord**
+
+We thought that might be a good time to remind you that Superstonk not only exists as a subreddit, but that we also have a [discord](https://discord.com/invite/Superstonk).
+
+Prior to the creation of the discord, whenever Reddit experienced issues, we’d meet in the comment section of the Gangnam Style YouTube video. There’s really no need to do this anymore now that we have the [Superstonk Discord](https://discord.com/invite/Superstonk) and we encourage everyone to use this as our fallback to meet should there ever be issues with Reddit.For those out of the loop, Discord is a voice, video, and text chat app used by friend groups and communities. The Supertonk Discord server is only using the text features, so it’s basically a bunch of categorized group chats full of apes.
+
+For those concerned about other subs Discords that were banned in the past, that was due to repeated abuse of hate speech in that server. Our community is above such things as we are too busy focusing on DD and memes.
+
+As a team, we think the worst thing this community could do during a crisis situation is to migrate to the comment section of a Youtube video (or an unproven platform) where we don’t know how stable it is to support a community such as this one. These platforms could be potentially run by people who haven’t proven their capacity to run such a complex operation, let alone in a time of turmoil. Comment sections can be shut off at any time. Additionally, in an unmoderated space, there’s plenty of room for bots / bad actors trying to sway a narrative.
+
+*Please note, the same rules on our sub also apply to the discord. Topics not allowed on the sub are also not allowed on the discord.*
+
+https://preview.redd.it/e3ug5tdmnb8a1.jpg?width=1200&format=pjpg&auto=webp&s=487b9830f031a30e2d8afc892fc510065401bebf
+
+# TL;DRS
+
+* **At this time, we have no reason to believe that Superstonk is at risk for being shut down**.
+* Please understand and comply with Brigading rules (in spirit, intent and to the letter) in order to prevent further issues for this sub.
+* If you’ve been temporarily banned by Reddit and you feel it was unwarranted, please [appeal here](https://www.reddit.com/appeals) but do so respectfully.
+* Please stop with the meta reddit memes, they’re not helping and potentially putting the sub at risk for further scrutiny from admins.
+* We’re actively working to keep this place safe with the best of intentions.  Have a question or concern? Raise it here in the comments.
+
+**We love Reddit and we’re always striving to make it better. We want to continue our relationship with Reddit for as long as possible. Reddit is our home, and we’ll do whatever it takes to stay here.**
+
+**Thank you for sticking with us through these new rule changes and restrictions. Thank you for doing your part to keep this community protected. Thank you for your patience. Thank you for your understanding.**
+
+**Thank you for being the best community on Reddit.**
+After a long, grinding career, I'm finding it pretty tough to rip the band aid off. So I've decided that 2022 is a year of weaning-off for me. This means:
+
+* I'm working fewer hours and only on things I *have* to do. I'm trying to avoid taking on new projects and responsibilities
+* Am training others so people don't feel lost when I leave in the fall/winter
+* Am cleaning up my investments, budgeting etc. so financially I'm comfortable with the plan
+* Talking to my spouse a lot about it. She is amazing and totally supportive. Kids are too young to understand anything right now!
+* I'm trying hard to think of what I'm going to spend time on next. This is the hardest part. Right now the leading idea is to give myself a break of 6 months to a year after I retire, where I don't take on anything where I exchange time for money. After that I am most likely to mess around with a startup idea that doesn't require massive amounts of time or $ investment. Or maybe I'll be fine with not doing anything for money, *ever*. I'm in my very early 40s, so the idea of being done for good is scary.
+* For the moment just focusing on physical and mental health. Almost 20 years of unhealthy grinding has definitely taken its toll, and it is hard work to detox.
+Im a millenial and I plan on investing heavily with my salary on assets that have more risk and upside than real estate. Im also fortunate enough to get some help from parents, Hopefully i can catch up. How about you?
+I have to admit that I have not followed CS very closely, but I have heard about it being a problem for a very long time. Surely other banks have managed their exposure to CS by now? I have heard about liquidity issues for at least 5 or 6 years . . .
+Happy Friday 7/23! This surprising article below is noteworthy confirmation bias from a financial media source that we more often see discredting GME. I've copied a few relevant passages below. It's not anything Earth shattering in terms of DD but basically confirms our core thesis about GME is correct & gives respect to the strength of apes' Diamond Hands. It's a good, easily digestible article to show a family member or friend who's somewhat of a skeptic and doesn't want to absorb complex Vitamin DD!
+
+Volatile GameStop Stock Will Continue to Burn Shorts
+
+Investor Place·7/23/2021, 4:00:48 AM
+
+Looking back upon a bizarre first half of 2021, it’s interesting to revisit the wild price moves of GME stock.
+
+Everyone and his uncle wants to find the next GameStop, but there’s really nothing like the original. I mean, the price move in this stock was legendary.
+
+And, it set up a target for the bulls. When GME stock touched $483 in January, investors’ accounts lit up bright green while short sellers awaited calls from their brokers’ margin desks.
+
+It was the best of times and the worst of times, depending on which side of the trade you happened to be.
+
+The short sellers have attempted to fight back, but the GameStop stalwarts seem to have endless energy.
+For an immediate-term target, the bulls can look back to the GME stock price spikes in March and June. Those times, $300 provided a hard resistance point.
+
+Breaking through that with heavy, sustained volume would set $500 as the level to watch. The bulls almost got there in January — and after all, resistance levels are meant to be taken out.
+
+The folks on Reddit and other social media outlets who like to trade and talk stocks sometimes aren’t taken seriously by the financial press.
+
+That’s a shame, and it’s unfair. Big-money short sellers have pushed stocks in their desired direction for years, so why can’t retail traders band together and take on the institutional “whales”?
+
+It’s a fascinating debate that involves a David-versus-Goliath battle which continues to this day. 
+
+Surprisingly, the retail crowd has kept their attention on GameStop.
+
+For not tossing GME stock out like yesterday’s trash, I’ll give the meme-sters respect.
+
+Furthermore, they haven’t capitulated in the ongoing battle against the short sellers, who undoubtedly control billions of dollars in cash and assets.
+
+If you’d like to join the grassroots resistance movement against the short sellers, then you’ll want to consider your strategy carefully.
+
+Small position sizing is rule number one, always. Yet, there’s another guideline to consider.
+
+Anything above 15% short interest (as measured by short volume ratio) is a good rule of thumb for considering a short squeeze target, in my opinion.
+
+As of July 21, GME stock’s short volume ratio was 24.3%, so this could be a springboard for an epic squeeze. With that, the $300 target and even the $500 level could be taken out quickly.
+
+The Bottom Line on GME Stock
+
+We can view this as a battle of the haves versus the have-nots, or simply as a potentially profitable trading opportunity.
+
+Either way, there could be another major price move coming in GME stock.
+
+And at the end of the day, there’s no point in judging the meme stock traders. Instead, you might consider joining them and possibly booking some nice profits.
+
+On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer.
+
+David Moadel has provided content on behalf of Crush the Street, Market Realist, TalkMarkets, Finom Group, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the  YouTube channel  Looking at the Markets.
+NY - since earlier this year my landlord has been claiming that I didn't pay my rent for one of the months in 2020. I have rent auto-payment set up through my bank (Chase). So far, I've spoken to 4 people at Chase, and thus far they've only been able to provide me with an image of the check that they say was sent. They're saying they can't provide proof of when, where, or even *if* it was deposited, other than the fact that the funds were not returned to my account, which would have happened had the check not been cashed after 90 days. I sent the check image to my landlord, who says they have no record of that check. I don't know what my next steps are. As far as I'm concerned, I paid this rent like I have every other month, so it's not like I'm just going to cut another check for the same amount because my landlord said so. What else can I do, or who else can I speak to, to resolve this?
+So we are renting a house. Few weeks ago the landlord put it up for sale asking for 257k, the agency didn't get much offer so they reduced the price to 250k. Since I am the current tenant I thought it would be easier and more practical if I bought the house so I offered 238k. The landlord rejected it, agency said he wouldn't sell it for less than 250k. 
+So after lots of thoughts I've offered 250k.
+The agency just got back to me saying they assumed he would accept 250k but now he's rejected it and since we've been 'good tenants' he's willing to accept 252k from us.
+
+I know this is not much and I can do it but I feel like the landlord is trying to use us. Any advice is appreciated. I want to be reasonable in dealing with this.
+
+The house had only had one viewing which they didn't like and it's been on the market for about 3 weeks!
+We've been renting for more than 3 years here and never missed or delayed any rent.
+I get paid cash under the table as a barber. I worked at this place for 3 weeks and the boss I had was constantly rude and disrespectful to the point I had to quit. I agreed to work there under the current business hours and then he'd change them. Telling me if you don't like it, there's the door. It's the middle of summer and working would get hot so I asked to turn on the AC, he'd give me an attitude and tell me I don't pay the electric bill. This time he had to come in a few hours late so he asked me to open for him. Instead of showing appreciation for the fact things are running smoothly allowing him to run his errands, when he comes in, he's going off on me because I didn't turn on the towel warmer. All this in front of a customer and telling me he doesn't need anyone and he can do it all himself. Weird guy.
+
+Anyway, I decided to leave and told him I'm going back to my old job. He tells me I can leave now and after I pack up, I ask him if he can pay me for the 3 previous days, totaling $500. He said he's got to calculate some things and he'll send me the cash Sunday. I tell him it's not complicated, I get paid a set salary so there's nothing to calculate. He gives me an attitude and that I'll get my money, don't worry.
+
+
+Anyway I leave and text him a breakdown of the amount he owes. He texts me back saying I didn't give a 2 week notice and it will reflect that in the money he gives me. Basically he keeps throwing shit at the well and it looks pretty obvious that he likely will steal the entire amount or give me some low number like $200. I told him to send me the money through Zelle and he wants to give it to me in person. I insist Zelle. It doesn't make sense why he'd want to meet in person.
+
+What can I do about it? I was thinking maybe I can tell him that if he doesn't pay the full amount I earned, I'll leave an honest google review of his business, revealing everything I've learned about him, warning other future potential employees, future customers about what I went through, providing screenshots of our text conversations. Also reveal how heartless and evil he is. I know years ago he was arrested for domestic violence against his first wife. I know he's scammed a barber student out of expensive barber tools and boasts about it. How he talks bad about customers behind their back, even though they're nice enough to buy us lunch or give him a nice tip.
+Good Morning Apes!
+
+Looking at a $10 drop in the pre-market today. It makes sense for them to break the pattern of shorting earnings and mix it up by shorting ahead of earnings. Either that, or they are aware of something being said at earnings and are pushing the price down ahead of the action.
+
+Friday's climb back into close still left us down significantly for the day but there was too much institutional pressure below the EMA 180/200 as the test of that resistance to the downside led to a massive increase in call buying pressure.
+
+[Last weeks open interest on call options exploded Friday ](https://preview.redd.it/4zi2helkex381.png?width=833&format=png&auto=webp&s=d5c5e59264e7198de9c4d0719fb1a784fc7a414f)
+
+With a possible earnings beat on the horizon the shorts have pretty good reason to drive the price as low as possible before any announcements. A positive EPS on earnings and continued positive cash flow would indicate a three quarter turnaround for Cohen, an **extremely impressive** feat. It would also bring significant institutional attention.
+
+Today is T+69 as per u/Dr_Gingerballs theory and he is expecting up to 12 million volume in order to facilitate a forward push of FTDs from price suppression activities. [His DD can be found here](https://www.reddit.com/r/Superstonk/comments/pk1g5d/t69/?utm_source=share&utm_medium=web2x&context=3).
+
+Check out [MOASS the Trilogy](https://www.reddit.com/r/Superstonk/comments/qvyjap/moass_the_trilogy_book_one/)
+
+For more information on my futures theory check out the [clips on my YouTube channel](https://www.youtube.com/c/PickleFinancial/playlists).
+
+Join us in the Daily Livestream [https://www.youtube.com/c/PickleFinancial](https://www.youtube.com/c/PickleFinancial)
+
+Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
+
+(save these links in case reddit goes down)
+
+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...
+
+**I just got news of an unexpected death in my family and will not be continuing the thread today. I will return tomorrow.** 
+
+Edit 4 12:69
+
+LFG ...
+
+https://preview.redd.it/mw33xddzpy381.png?width=1560&format=png&auto=webp&s=43e3e466c603fb7849b2b0f8e5521835efd0e0eb
+
+Edit 3 12:39
+
+Still fairly flat under VWAP ($167) if FTDs are due on GameStop today it's likely price action will be in the afternoon. Volume at 1.4m.
+
+https://preview.redd.it/hubevo7bly381.png?width=1558&format=png&auto=webp&s=58011df6c2d38ba4e61ef49b8b661c45a199df25
+
+Edit 2 11:30
+
+Still staying in the same channel probably in an effort to reduce IV, or at least stagnate it. Volume @ 1.19m
+
+https://preview.redd.it/xva9y7nl8y381.png?width=1562&format=png&auto=webp&s=9bb8ae7484d2a48972ed191ab7601d15391ccc79
+
+Edit 1 10:30
+
+After a pretty choppy open GME appears to have broken to the upside volume already approaching 1m is promising for the t+69 thesis
+
+https://preview.redd.it/6lxknnfzxx381.png?width=1554&format=png&auto=webp&s=1b54ecfee66eaf2ba40072ea7e6175f1a9200533
+
+# Pre-Market Analysis
+
+GME down on 43k pre-market volume 5.05% from Friday's close.
+
+450,000 shares borrowed from IBKR this morning
+
+Shares to Borrow:
+
+IBKR - 150,000 @ 0.6%
+
+Fidelity - 656,794 @ 0.75% (This also is down significantly from Friday but I am unsure how many were borrowed today in pre-market)
+
+[GME pre-market on the 1m](https://preview.redd.it/zrbxzsaihx381.png?width=1568&format=png&auto=webp&s=155ba65a2bfe6a7f3cfe29409ea3986dd8961127)
+
+CV\_VWAP seems to indicate a lot of arbitrage from Friday's drop was made up this morning. Arbitrage almost neutral going into market open.
+
+https://preview.redd.it/z1tmou0whx381.png?width=2452&format=png&auto=webp&s=ce1fb1c8aa6d165d306b975ac4ff1f1c6c29097a
+
+**Disclaimer**
+
+*\* Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze. If you are one of the people that use this information to day trade this stock, I hope you sell at resistance then it turns around and gaps up to $500.* 😁
+
+*\*Options present a great deal of risk to the experienced and inexperienced investors alike, please understand the risk and mechanics of options before considering them as a way to leverage your position.*
+
+*\*My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and want to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
+
+\**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
+
+*\* No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
+I have an over 100K account.  I am NOT ALLOWED TO BUY GME.  These pieces of shit brokers have SO MUCH CORPORATE COCK in their mouth it is hard to believe they can even breath.  HOLD THE FUCKING LINE PATRIOT APES AND RETARTDS.  GME is going OVER $5K they kind of Panic Buying you will witness will be a once in a lifetime HABBENINK.  They filled my order to BUY 1 fucking share!  Think about this....over 100K in an account and I got to buy 1 FUCKING SHARE.  All the purple orders are rejections.  THIS IS BEYOND ILLEGAL!
+
+[GME Orders Rejected by Interactive Brokerage on behalf of their masters at Citadel and Point72](https://preview.redd.it/gili1i36fvg61.jpg?width=687&format=pjpg&auto=webp&s=38ed18dcca9f994869d0031d41d725b43ac208f2)
+Bought a few dozen shares of IRCTC at 900 levels with a long term target of 2000.
+Just trying to see if how folks here decide when to sell a stock?
+Would you sell it once the target is hit or would you try and re-evaluate if the target is relevant?
+Any insights on the selling bit would be appreciated.
+[neha0103](http://mmb.moneycontrol.com/neha0103-user-profile-6134616d726974617665726d.html): There are no interviews about her on the internet, not a single social media profile which seems to correspond to her profile. Claims to make 15000 - 20000 bucks every trading session. She will always give her buy price at the bottom most level possible at that time, and sell price at highest price possible. Which begs the question, how did she manage to gauge and buy at the lowest level possible?
+
+[Arvind151](http://mmb.moneycontrol.com/arvind151-user-profile-617276696e64313531.html): Has social media presence, albeit uses the same profile picture everywhere. No credible news source has interviewed him. Deceives people in the name of his "money rain" concept. It seems to me that he makes a lot of comments on every stock possible and reposts the ones that turned out to be successful.
+
+[DebtFree](http://mmb.moneycontrol.com/debtfree-user-profile-696e766573746f727370.html): Same strategy as arvind bajaj, although for trading as well. Comments a lot, and reposts the one that were successful.
+
+ 
+
+Why am I posting this? Because it seems that any gullible person can fall for their get rich quick schemes and lose out their hard earned money in process. I have always wondered that if they're very successful, why aren't they known more commonly amongst the investor community? Clearly all of them are fake, and more people should be aware about it.
+I'm looking for startups working on ideas I find interesting for both investing and the possibility of finding a co-founder.
+
+r/india used to have the "Indian Startups Last Week" series of posts. That ended sometime in March 2018.
+
+Are there any India specific subreddits that are more active than r/IndiaStartups or r/indianstartups? They both average at most a single post every month.
+
+If not subreddits, perhaps a discord channel, forum or a startup network, where there is more activity surrounding the Indian startup scene?
+
+* What fund houses are you currently invested in? Why did you invest in the funds?
+* What are your reviews on the funds offered by the fund house?
+* Provide your opinion on the investment services offered by the fund house. Do you avail their instant redemption features of the liquid funds? Do you use a "smart" SIP offering? Discuss.
+* Does the fund house provide the necessary financial statements for addressing income tax liabilities? Does it provide a capital gains statement?
+* Does the fund house provide periodic communication regarding the markets, fund performance and strategy?
+* What PMS scheme are you currently invested in? Why did you choose it?
+* What does the PMS fee structure look like?
+* Does the PMS manager provide periodic communications regarding portfolio selection and performance?
+
+
+You can ask for a general review of a particular product or service that you are researching - "What is the investing style of fund X? Is it recommended for long-term retirement needs?", but avoid asking for personal advice. The discussion is for consumption by a broader audience. For advice regarding your personal situation (like "I am Sharmaji ke padosi ka beta, and I have 25 lakhs saved up currently for retirement purposes in 30 years. What fund or PMS should I choose?"), 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.
+
+Previous  [Links](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new)
+I'm 22 and I have a full-time job earning around £1400 a month - luckily I live rent free with my parents but recently I've split from my boyfriend which has obviously effected my plans for buying a house. 
+
+I'd really really love to go back to education and do an undergraduate degree, but I've already done one so there's no finance to make it happen. It would cost around £4500 a year making the total around £13,500. I'd then love to do a master's and PhD.  
+
+I put away £500 a month, I have a help to buy ISA, stocks and shares ISA and several other savings account trying to get the most interest for my money. It feel like I'm climbing a mountain the keeps getting higher. 
+
+I just feel defeated, like I have to let go of the idea of buying a house if I want to pursue my education. 
+
+Does anyone have any advise? Should I just stop saving for a house for now? I just can't see how I'll ever be able to afford the full education I want to complete.
+With the lowest unemployment rate ever and WFH being the norm, I wonder if anyone here attempted the "impossible" feat of working at 2 full time jobs (not side gig).
+
+The scenario: you work at company A for years and became very efficient at your job, but work became toxic and you start applying for other roles. Company B puts out an offer, and you accept. But you decide not to tell company A for a while, and do a half-a\*\* work on A just enough not to get fired. And if A fires you, so what? You were about to quit, and still have B lined up anyways.
+
+Keen to hear from legends out there who managed to game the system at this level
+**Earnings:** $1.45 vs. $0.98 per share expected
+
+**Revenue:** $11.98 vs. $11.30 billion expected
+
+**Free cash flow:** 619 million vs. -319 million expected
+
+ 
+
+**Cash**
+
+* Operating cash flow less capex (free cash flow) of $619M in Q2
+* Net debt and finance lease repayments of $1.6B in Q2
+* In total, $912M decrease in our cash and cash equivalents in Q2 to $16.2B
+
+**Profitability**
+
+* $1.3B GAAP operating income; 11.0% operating margin in Q2
+* $1.1B GAAP net income; $1.6B non-GAAP net income (ex-SBC1) in Q2
+* 28.4% GAAP Automotive gross margin (25.8% ex-credits) in Q2
+
+
+**Operations**
+
+* Record vehicle production and deliveries in Q2
+* Successful launch of FSD subscription in July
+* Started delivering the new Model S to customers
+
+ 
+
+**Summary**
+
+In the second quarter of 2021, we broke new and notable records.
+We produced and delivered over 200,000 vehicles, achieved an
+operating margin of 11.0% and exceeded $1B of GAAP net income for the
+first time in our history.
+
+Supply chain challenges, in particular global semiconductor shortages
+and port congestion, continued to be present in Q2. The Tesla team,
+including supply chain, software development and our factories, worked
+extremely hard to keep production running as close to full capacity as
+possible. With global vehicle demand at record levels, component
+supply will have a strong influence on the rate of our delivery growth for
+the rest of this year.
+
+We successfully launched Tesla Vision in Q2, which was mainly possible
+due to our ability to use data from over a million Tesla vehicles to source
+a large, diverse and accurate dataset. Solving full autonomy is a difficult
+engineering challenge in which we continue to believe can only be
+solved through the collection of large, real-world datasets and cuttingedge AI.
+
+Public sentiment and support for electric vehicles seems to be at a
+never-before-seen inflection point. We continue to work hard to drive
+down costs and increase our rate of production to make electric vehicles
+accessible to as many people as possible
+
+ 
+
+[earnings report link](https://tesla-cdn.thron.com/static/ZBOUYO_TSLA_Q2_2021_Update_DJCVNJ.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22q2_2021.pdf%22)
+I have just seen the following article, which seems to mark quite a big shift in housing law:
+https://www.theguardian.com/money/2021/jan/07/ground-rent-scandal-leaseholders-in-england-and-wales-get-new-rights
+
+Does anybody have an idea of the repercussions of this?
+I just took a look at the YTD returns of both ETF's and the return since inception for VEQT is at 41.60% and XEQT is 33.69%. Does anyone know why VEQT returned 8% more then XEQT?
+I'm an 18 year old kid going to a state college in the US with parents who never went to college, no way to pay for my loans other than through my own hard work, and an aptitude for working with numbers in a scientific setting that is limited. 
+
+I have always enjoyed analyzing other people and understanding how they work, and feel as though Psychology is the correct major for me. However, I have heard/read that Psych majors have some of the highest unemployment rates in comparison to those of other majors, not to mention that the entry level pay grade is much lower than a good number of other fields, such as engineering. 
+
+I feel as though the older and more experienced redditors of this sub may have some wisdom that can aid me in not fucking my life over financially.
+
+Some academic background:
+GPA: 4.07
+SAT: 1810
+Highest Completed Math: 
+Honors Calculus 1~93% avg
+Highest Completed Science: 
+AP Phyiscs Part A~80% avg
+Highest Completed English: 
+AP Literature & AP Language~89% avg
+Years of foreign language:
+3~94% avg
+
+TL;DR
+Need advice as to major choice so i don't get screwed over by loans after college.
+
+Edit: To be totally honest, I am really thinking of changing my major now, so thank you for those who have shown me that the stats do not lie. Anybody have any suggestions for majors/double majors I could pursue with my academic background that would bring economic success?
+
+Edit 2: My original plan was to go to college and major in Psych and minor in Economics, and then attend grad school for Law almost immediately after. Sorry for not putting that in the OP.
+
+Edit 3: Holy crap! I didn't think I would get so many replies! Thanks so much for all the time you guys have put into replying to this post, over the course of the next couple days i'm going to really take the time to do some more research for myself. I can honestly say I think my major is not going to be Psychology now (I know I seem easily swayed and all that, but I was really on the fence prior to this post anyway, the amount of responses that have backed up my fears has now cemented my decision to change my major). I am going to look into a double major of Computer Sciences and Engineering, because I honestly believe I will have better success with those degrees, and believe that the careers offered to graduates with either of these degrees will be more appealing to me than if I were to take a career in the mental health field. I plan on doing a follow up post in a week or so to let everybody know what I have decided upon. For now, I'm off to work at my local deli for the next 8 hours, so feel free to continue commenting or PM me if you like, any tips or advice is greatly appreciated :)
+
+Edit 4: To those of you telling me to go with either CS or Engineering as a major as opposed to both, thank you. I figured that i could take classes that apply to both (a concept another redditor had suggested) but it seems as though that won't work. I'm just trying to figure out what combination of majors/major and minor would be the most future proof and give me the greatest chance at financial success.
+So yes, I am flip flopping a bit, but for the reason that I am still at the point where I am trying to basically create my new life plan from the ground up and wish to have those with more worldly experience show me the pros and cons of my ideas, seeing as I am only a teenager with academic experience limited to the American High School classroom.
+Anyway, back to slicing meat!
+
+Edit 5: I just got home from work and all I can say is thank you so much you guys! All of your feedback and ideas are really helping me see that I really had no idea as to what I could do and what I want to do with my life. I've been trying to read and reply to as many people's comments and PMs as possible but I literally cannot keep up with them all, so sorry if I don't reply to you! Anyway, feel free to keep commenting and PMing, as in the next week I will be meditating on your ideas before I decide to let my college know I would like a major change. For those curious, I will be attending Umass Amherst, so if anybody has any connections there let me know! Also, I am really interested  in learning more about majoring in CS and was thinking that a double major in CS and Neuroscience or perhaps CS and Computer Engineering might be neat. Just to reiterate,  I know very little about these majors and how they would interact together, so I will be doing A LOT of research over the next few days (those who are/were majors in CS, Neuroscience, Computer Engineering fell free to PM me with wisdom/helpful things to know). Finally, I will be making a follow up post once I do a bit more soul searching (in this subreddit if that's OK with the mods) to let you guys know whats up. Thanks again for all the knowledge, every little bit of wisdom helps! 
+Has anyone else noticed how the advice on these subs has changed in the last year or so, regarding investing vs debt. It seems that a year ago everybody was quoting the trinity study and saying only pay off debt over 6% or whatever. Now that the market is in correction, most people have suddenly become a Dave Ramsey “pay off debt first” advocate. It’s just interesting to see real risk tolerance in action.
+Recently heard about Roofstock through a friend. He successfully purchased a rental property through it and said it was an amazing process. Everything was quick and smooth.
+
+Now im wondering if anyone owned a property through them for more than a year or two? How are the results etc?
+We are getting a lot of applications with scores in the 500 range and we were thinking about filtering out prospective tenants before they see the property by asking if they need at least an X score. This way we don't waste theirs/ours time and money. Is there a cutoff the pros here stick to?
+35, $15Mish NW with another $3-4M on the way over the next few years (business sale). Married with one young child. I love to ski and am thinking towards moving in the next few years. I’ve always wanted to live closer to skiing to make it more of a priority (currently in the Bay Area and Tahoe is no hop skip and jump, especially when there is a lot of snow and you can’t even get there). I’m looking to balance skiing proximity without making a massive lifestyle change - I know few places have everything the Bay Area has to offer, but am hoping to preserve as many as possible (intelligent/interesting people, great schools, great restaurants, liberal attitude). My best candidate so far is Salt Lake City. Everything I read seems to indicate that the “everyone is Mormon and you’ll feel like an outside if you aren’t” thing is overblown, but it definitely makes me hesitant. Would love any thoughts on other places to consider and any experience anyone can share who has moved there. Any and all advice, suggestions and thoughts would be highly appreciated!
+Obviously we aren't very far into the new year but until today I was green every day.  I was happy to be trading so consistently but I also feel really good about being red today.  For the past year I have had a really tough time with risk management.  Not respecting stop losses or not even setting them at all.  Normally I would keep averaging down until I ran out of cash and sell when I couldn't take the pain anymore only to watch the stock reverse and come back to my average.  For a while I tried to convince myself I just needed to hold longer but you all know how that story ends.  Now I am setting and respecting my stops.  Finally had one get hit today and I lost a days gains, not a weeks or months.  I still have to improve my discipline in some areas but it feels good to be getting my losses under control.
+
+To anyone that is interested in checking out the material that helped me I will link it in the comments.
+I posted this yesterday but it got lost in pictures of the last 10 minutes of trade. Reposting now for greater discussion.
+
+[Dear Journal, I smell smoke.](https://preview.redd.it/w1f3vcdb3n771.png?width=832&format=png&auto=webp&s=424877430b361c5060c248c2507d1f2b0606ef7f)
+
+Good afternoon Apes,
+
+Once again, I don't know anything. Do whatever with yourself.   
+Also, 4 hour rule and don't make me into "a guy."
+
+**TLDR**: I think the Fixed Income Clearing Corporation desperately needs it's requested questionable rule changes to [SR-FICC-2021-003](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/FICC/SR-FICC-2021-003.pdf) for MOASS. The SEC filed to extend the approval/disapproval date to Aug 30, 2021. No dates, don't care but I'm killing time and learning.
+
+[Federal Register Filings](https://www.federalregister.gov/documents/search?conditions%5Bterm%5D=SR-FICC-2021-003&order=newest)
+
+\*\*Short Background:\*\*  
+The [Fixed Income Clearing Corporation](https://www.investopedia.com/terms/f/ficc.asp) (FICC) has 2 divisions:
+
+* **GSD**:  The GSD is responsible for handling new fixed-income issues and reselling government securities. The division provides netting for trades in U.S. government debt issues, including [repurchase agreements](https://www.investopedia.com/terms/r/repurchaseagreement.asp) (repos) or [reverse repurchase agreement](https://www.investopedia.com/terms/r/reverserepurchaseagreement.asp) transactions (reverse repos).
+* **MBSD**:  The MBS division of the FICC provides real-time automated and trade matching, trade confirmation, risk management, [netting](https://www.investopedia.com/terms/n/netting.asp), and electronic pool notification (EPN) to the MBS market.
+
+# On May 12, 2021, the FICC submitted to the SEC a request to modify [SR-FICC-2021-003](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/FICC/SR-FICC-2021-003.pdf) :
+
+1. **add a new service** offering, which would allow a Sponsoring Member to submit for clearing Repo Transactions with its Sponsored Members on securities that are represented by Generic CUSIP Numbers and held under a triparty custodial arrangement (the “Sponsored GC Service”)
+2. **add language** to Rule 3A to allow FICC to recognize, for Capped Contingency Liquidity Facility® (“CCLF”) calculation purposes, any offsetting settlement obligations as between a Sponsoring Member's netting account and its Sponsoring Member Omnibus Account to ensure that a Sponsoring Member's CCLF obligation is calculated in a manner that more closely aligns with the liquidity risk associated with Sponsored Member Trades
+3. **remove the requirement** from Section 2 of Rule 3A that a Sponsoring Member provide a **quarterly representation to FICC** **that each of its Sponsored Members is a “qualified institutional buyer”** as defined in Rule 144A of the Securities Act of 1933, as amended (“Rule 144A”), or is a legal entity that, although not organized as an entity specifically listed in paragraph (a)(1)(i) of Rule 144A, satisfies the financial requirements necessary to be a “qualified institutional buyer” as specified in that paragraph
+
+[We all have wants and needs.](https://preview.redd.it/f1ew9w973n771.png?width=610&format=png&auto=webp&s=bf1521cff5bcce32efee8ba19b125c15ca910c4a)
+
+# What do? I'm not sure but here's what I've gathered:
+
+# 1. NEW SERVICE OFFERING:
+
+It sounds like the FICC intends to add a sort of members only netting/repo/reserve account to it's GSD.  I really don't understand all of this right now but it seems like a private club for repo. As an alternative and/or buffer for the FED.
+
+[Plz help, \<3 FICC](https://preview.redd.it/svk3vlelkn771.png?width=605&format=png&auto=webp&s=32f968bd28569dcb282b1846b698700c053921d9)
+
+**This new service seems to be extremely important to protect the liquidity of the FICC.**
+
+[The FICC seems hell bent on making sure they have a layer of protection against their Member defaulting. ](https://preview.redd.it/9uidg4m0nn771.png?width=605&format=png&auto=webp&s=2a9a0566d5f501f7ee7caea826c6f4fbaa1e48d5)
+
+This new service seems critical. I don't know how liquidity works for the FICC but they are responsible for settling Mortgage Backed Securities and Treasury Bonds.The FICC wants to create and entirely new holding service for entities that may or may not meet the standards of  Rule 144A of the Securities Act of 1933 and they're all going to watch themselves. (We'll get to that in a moment)
+
+​
+
+# 2. LANGUAGE CHANGE:
+
+This is another rule change designed to protect the FICC as much as possible behind a shield of Sponsored Members, who can hide behind a shield of  “qualified institutional buyers.”
+
+[  liquidity risk to FICC is only increased to the extent the Sponsoring Member enters into a Repo Transaction with a third-party Netting Member that is novated to FICC. Such a Repo Transaction creates liquidity risk to FICC because, in the event of the Sponsoring Member's default, FICC is required to settle with such third-party Netting Member. ](https://preview.redd.it/p5knr8i2pn771.png?width=626&format=png&auto=webp&s=b104e6988720ad1e800f2b43307d3ff002572823)
+
+It goes on to explain the obligations of it's Members and Sponsors when the house of cards begins to fall. I'll leave it to someone else to explain any of that.
+
+​
+
+# 3. REMOVING QUARTLY REPORTING
+
+This one I like.
+
+They argue to remove the quarterly reporting requirement because it's too much work:
+
+[  Section 3\(d\) of Rule 3A separately requires a Sponsoring Member to notify FICC if its Sponsored Member is no longer either a “qualified institutional buyer ](https://preview.redd.it/iieqc90den771.png?width=611&format=png&auto=webp&s=b34a19bb8a8efc3b2482936c7f00c7ebcc7a7e64)
+
+​
+
+* The *current* SR-FICC-2021-003 allows a Netting Member to Sponsor a "qualified institutional buyer" so they may access this new service, provided the "qualified institutional buyer" meets the requirements of  [Rule 144A](https://www.investopedia.com/terms/r/rule144a.asp) of  Securities Exchange Act of 1934
+* The FICC has filed to allow a Netting Member to Sponsor a "qualified institutional buyer" **without reporting if this institutional buyer meets the requirements to be "qualified."**
+* **It reads as tho an "institutional buyer" could be Sponsored by a netting Member and is only reported once they're not longer in good standing. WHAT?!**
+
+If redundancy is the argument and they could chose to report before/after, why would they remove the reporting requirement when ADDING a "qualified institutional buyer?"Mind you, this reporting requirement is to ensure the  "qualified institutional buyer" meets  Rule 144A, or satisfies the financial requirements necessary to be a “**qualified** institutional buyer.
+
+\*\*Why not remove the other half of this redundancy?\*\*What good does it do to report, *"Oh yeah, those guys probably shouldn't have been in here but they're gone now, so we cool, we cool."*
+
+​
+
+# Who's going to babysit these Members and their institutional buyers within this new service?
+
+Themselves of course!
+
+[You kids play safe, dad's gonna get a pack of smokes. I'll come check on you from time to time. Foods in the fridge, you know the drill.](https://preview.redd.it/0p636gu7zn771.png?width=647&format=png&auto=webp&s=6baad04d790031f38d9e84290d868e5c5c033e2b)
+
+Honestly, this does seem like they're going to be on top of it. Hourly, (or more frequent) is strict.
+
+Props to the "Nonetheless."
+
+​
+
+# THE END
+
+​
+
+Again, 6/24/21 SEC ^((anyone else type sex?))  published [86 FR 33420](https://www.federalregister.gov/documents/2021/06/24/2021-13287/self-regulatory-organizations-fixed-income-clearing-corporation-notice-of-designation-of-longer) in response to FICC's filing.
+
+[ Accordingly, pursuant to Section 19\(b\)\(2\) of the Act \[5\] and for the reasons stated above, the Commission designates August 30, 2021, as the date by which the Commission should either approve or disapprove the Proposed Rule Change SR-FICC-2021-003.](https://preview.redd.it/7jr30nexnn771.png?width=622&format=png&auto=webp&s=e7c17a4a4a91c56b4657c0877642b71ff4757d39)
+
+Well this has been fun.
+
+I like the stock and I like long term investing with companies I support. I also like government accountability and transparency. I welcome anyone with a brain to *try* and imply that I, we, you or any retail investor is manipulating anything. My cards are on the table and I'm not hiding anything from anyone.
+
+***I own GME and I don't intend to sell it!***
+
+Your turn WallStreet, let's see your hand.
+
+\~Semper
+I'm 27 and I graduated with an associates degree in may.
+
+
+Still can't find work besides a merchandiser job that's under 40 hours a week and pays 13.50 an hour. Still live with my mom. Still hate myself. 
+
+
+Don't make enough to date, don't make enough to support myself, and now I get to listen to people whine about how hard their lives are when they make 6 figures while I work retail. 
+
+
+I see people with houses (something i'll never obtain) and fancy cars, the ability to see the world (i've never left this state) and I just feel anger and resentment. Sitting in my local spots listening to people talk about their trips to foriegn countries, events, conventions, their next big purchase, and i'm like, yeah I made 500 in two weeks, after "rent" (cause my mother takes pity on me) it's about 450, then 60 later in gas, so about 390. Wooo! So much to brag about! 
+
+
+I was so hopeful (something I never do) after a job interview last week. Only to have a horrible day at work and come home to an email declining. Which then I got more and more emails each day making excuses as to why I wasn't picked. (I never asked but okay?)
+
+
+How do you not feel like a loser when you make so little and you can't even support yourself?
+I've been reading a lot about job losses here on reddit and as someone who's survived multiple layoffs, I have 10 suggestions and ideas.
+
+1)Always be updating resume and submitting resumes. I'm not saying every week, but every so often send out resumes for jobs you are interested in. I became too comfortable in my 10+ year job and didn't plan well for the future.
+
+2)Don't sign anything from HR until you read over it. Even if you suspect you will get laid off it's a shock and processing the information from HR about benefits and pay can be difficult. I took notes of everything said and asked if I could send in the paperwork the next day. But understand any severance and health insurance benefits before leaving. 
+
+3)Don't get mad at boss. Usually, the notice comes from up high and your boss probably feels awful. It's never easy to tell someone they're fired. Don't yell at them or send a nasty email to all your co-workers about him. I've gotten two jobs based on my former bosses recommendations.
+
+4)Go home and blow off some steam.Take a hike, see a movie, do something that you enjoy. Tomorrow you sit down and decide your future. 
+
+5)Make a budget the day after you leave. If you get severance, don't think it will sustain you. Enquiry about unemployment, make a list of your essential needs(housing/food/insurance) and those you don't need(cable/entertainment). I called my auto insurance and was able to negotiate a lower monthly rate. For internet, I ordered the barebones internet and 12 channel plan and with Netflix I changed to only streaming. For food, I shop and Aldi's and Trader Joes and cooked meals not prepared foods. I also only buy alcohol on special occasions saving $11 each week. No more Starbucks-I make my own Mochas now and only free entertainment venues.
+
+6)Don't hide your unemployment. I did that the first time because I felt ashamed. Now I'm open because it happens and you never know what another person can help you with. I have lost friends who couldn't cope with me talking about job loss as it hit too close to home. Stick with those who encourage you. Also, avoid social media, like Facebook. It was maddening seeing all the people I know vacationing in Europe and eating fine dining and I finally had to take a break to remind myself that not everyone has that life.
+
+7)Understand it will be hard for your family. My parents have been pretty good but I've had to set boundaries as they've given outdated advice. Sending every job ad my way, even if I'm unqualified, asking me if I've applied everywhere, etc. It's easy to get angry with them but I just answer that yes, I'm applying and here is my plan. They have also been my biggest strength-inviting me over for dinner and taking me out every so often.
+
+8)Don't worry about taking a step back. I had to take a job that was below my last job in pay and benefits but I was almost out of savings and had be jobless for a year and a half. I was able to build up savings and pay my bills. You do what you have to do.
+
+9)Volunteer or take online course. While jobless, I volunteered for community projects and brushed up on my Spanish online. It got me out of the house and improved my outlook. While your job search should be a 9 to 5 activity-make room for some self-improvement.
+
+10)Finally, remember this too shall pass. John Lennon said that life is what happens when you're busy making other plans. I've amazed myself about how strong I can be in a crisis and not fall apart. Yes, there have been nights that I've cried myself to sleep and said prayers to a God I don't believe in. Life may be different but you will get through this. Let other people in to encourage you and support you.
+With the influx of new users and feedback from existing users, we have used this opportunity to refresh and update the rules found in the sidebar (or about section of reddit mobile.)
+
+Note: if you're using [old.reddit.com](https://old.reddit.com), the rules will be updated there shortly. This is mostly for the droves of new users now part of the sub. 
+
+Any feedback is welcome in this thread regarding the new rules, and we are open to suggestions of new rules you feel will be beneficial to this sub. Feel free to chime in. 
+
+Cheers!
+
+Jack
+I’ve been trading for some months and yes I’m profitable. I have a 60% win rate with a 3 loss max drawdown and I scale in on my trades which makes me extremely profitable. I can tackle any currency pair and recently I’ve tackled US30 successfully too. I trade with low risk and so I was deciding if whether or not to become funded with FTMO. I was gonna buy the $200,000 account and then copy trades and I think they allow you to trade up to $400,000 which would net me around $32,500 after taxes. I’ve consistently made 10% in a month and it usually takes me 2-3 weeks risking 1.5% per trade. But since I have a high win rate style of trading, I could just start a high risk personal account and flip $1,000 into an extremely large amount. I already did the math and backtested the scenario and by my 5th month of trading FTMO, my personal account would already have around $280,000 in there if I just risked 15% per trade and never withdraw. While my 5th month of ftmo would net me around $130,000. So I’m kinda stuck in analysis paralysis about whether I should just wing it on my own. What do you guys think ? 
+
+Edit : A lot of guys don’t seem to understand what I’m saying or even reading accurately at all. One tip I’ll let you guys in on that completely changed my trading and I know for a fact it will change yours too, is dollar cost averaging. It can turn an unprofitable system into a money maker.
+I’ve been trading for some months and yes I’m profitable. I have a 60% win rate with a 3 loss max drawdown and I scale in on my trades which makes me extremely profitable. I can tackle any currency pair and recently I’ve tackled US30 successfully too. I trade with low risk and so I was deciding if whether or not to become funded with FTMO. I was gonna buy the $200,000 account and then copy trades and I think they allow you to trade up to $400,000 which would net me around $32,500 after taxes. I’ve consistently made 10% in a month and it usually takes me 2-3 weeks risking 1.5% per trade. But since I have a high win rate style of trading, I could just start a high risk personal account and flip $1,000 into an extremely large amount. I already did the math and backtested the scenario and by my 5th month of trading FTMO, my personal account would already have around $280,000 in there if I just risked 15% per trade and never withdraw. While my 5th month of ftmo would net me around $130,000. So I’m kinda stuck in analysis paralysis about whether I should just wing it on my own. What do you guys think ? 
+
+Edit : A lot of guys don’t seem to understand what I’m saying or even reading accurately at all. One tip I’ll let you guys in on that completely changed my trading and I know for a fact it will change yours too, is dollar cost averaging. It can turn an unprofitable system into a money maker.
+If you owned each of the 500 stocks from the S&P 500 and reinvesting the dividends would you see a similar performance to just owning S&P 500 shares? Assume same dollar amount invested in each scenario.
+Hi my wife and I recently married and now live together.
+
+I currently make £1800 after tax and she makes 950 after tax. We both want to contribute to the joint account fairly and mainly proportionally. 
+
+We cant wrap out heads around if I should be contributing double the amount to the joint account or triple, we've gone over it so many times it stopped making sense lol.
+
+So her £1 to my £3
+Or her £1 to my £2
+
+I'm sure a fresh head will find this easy, thank you in advance!
+Just wanted to put it out that for all fellow passive, index fund investors - Dont sell, we are meant to ride through dips even recession inducing ones. 
+
+https://www.usatoday.com/story/money/2020/02/24/warren-buffett-dont-buy-sell-stocks-coronavirus-fears/4855208002/
+
+more indepth comments at 
+https://www.cnbc.com/2020/02/24/warren-buffet-interview-live-updates.html
+
+and more
+https://finance.yahoo.com/news/warren-buffett-coronavirus-net-buyer-stocks-120743935.html
+
+Edit: I'm putting a personal anecdote here I have a friend who has a nice decent index investment plan going on for about 5 years now whose panicky husband is being a pain in the ass arguing with her daily to sell because the coronavirus is going to trigger a major recession. If your investment horizon is 30 years - this dip even if it's a few months or a year or a few years really doesnt matter.
+
+Edit 2: I'm removing my initial comment to maybe even consider buying stocks on discount as it's just creating more confusion and detracting from the main point which is basically for passive investors - dont sell. Just stick to the plan, buy at your regularly scheduled intervals and hold. None of this applies to active traders - you guys do you.
+
+Edit 3: also see this very wise comment https://www.reddit.com/r/investing/comments/f8un4b/-/finorbm
+No I’m not here to sh#t on Cardano, I’m just trying to show how much hype is important in this market.
+
+At some point in time, Cardano was 3rd place in market capitalization behind Ethereum and Bitcoin, yet it still didn’t even have smart contracts compared to Ethereum which already had them perfected a long beforehand.
+
+I like Cardano a lot don’t get me wrong, butI just feel like they’re very slow with development especially compared to other chains like Polygon for example.
+
+If anything, Polygon is WAY younger than Cardano yet it still managed to get 7000+ fully functioning dApps on board a lot of which are of very high quality actually. And quiet honestly, I think a project like Polygon is more deserving of slot at the top.
+
+Cardano has **A LOT** of potential if only they improve their development timing. But for the current performance, I just think they’re very overhyped. That’s just my personal take though.
+Ask your investing related queries here!
+
+The members of /r/IndiaInvestments are here to answer and educate!
+
+Alternatively, you could [join our Discord](https://indiainvestments.wiki/discord) and seek answers to your queries
+
+If you're looking for reviews on any of these following, follow the links:
+
+- [which bank or brokerage to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20banking%20services%20and%20products&restrict_sr=1&sort=new)
+- [which fund house is more capable and trustworthy](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20mutual%20funds%20and%20asset%20management%20services&restrict_sr=1&sort=new)
+- [which investing platform to use](https://www.reddit.com/r/IndiaInvestments/search?q=flair_name%3A%22Reviews%22%20Reviews%20of%20Brokerage%20products%20and%20services&restrict_sr=1&sort=new),
+- [which insurance company is reliable](https://www.reddit.com/r/IndiaInvestments/search/?q=flair_name%3A%22Reviews%22%20%22Reviews%20of%20Insurance%20products%20and%20services%22&restrict_sr=1&sort=new)
+
+Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.
+
+Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.
+
+You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.
+
+**NOTE** If your question is _I got 10k INR, what do I do to get most returns out of it?_, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:
+
+- How old are you?
+- Are you employed/making income?
+- How much? What are your objectives with this money?
+- Do you have any loan, or big expense coming up?
+- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
+- What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
+- Any other assets? House paid off? Cars? Partner pushing you to spend more?
+- What is your time horizon? Do you need this money next month? Next 20yrs?
+- Any big debts?
+- Any other relevant financial information about you, that will be useful to give you an informed response.
+
+Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is **NOT** financial advice, in legal sense of the term.
+
+You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.
+
+[Links to previous threads](https://www.reddit.com/r/IndiaInvestments/search/?q=advice%20thread%20personal%20situation&restrict_sr=1).
+*You're probably considering buying a new house or renting out a bigger one. But do you know what that means to the realty sector? Find out below.*
+
+📷
+
+The sudden wake of the realty stocks in India made us pull out some stats for the real estate sector. Turns out that the real estate industry in India contributes around 7-8% to the GDP and is the 2nd highest employment generator of the country. Reports suggest that by 2040, the current real estate market will grow to Rs. 65,000 crores (US$ 9.30 billion). Expected to reach a market size of US$ 1 trillion by 2030, the sector is mainly made up of housing, retail, hospitality, and commercial as its main components and significantly contributes to the much needed infrastructure for the growing demographic of India.
+
+📷
+
+Retail real estate and warehousing segment attracted private equity (PE) investments of US$ 220 million and US$ 971 million, respectively in 2020. Foreign investors have also pumped in money here, especially in metros and upcoming cities/towns like Bangalore, Ahmedabad, Pune, Chennai and Goa.
+
+Home sales volume across major cities have also risen, signifying a healthy recovery post the strict lockdown imposed due to the spread of COVID-19 in the country.
+
+**Fundamentals**
+
+Real estate is a unique cyclical market which is different for each locality. Each area has its own demand supply dynamics. Typical for this kind of asset class, prices are less transparent and there exists a great but risky opportunity. The following graphic will help you understand the cyclical nature better.
+
+📷
+
+There are broadly 3 types of companies that make money here namely developers & construction, brokerage firms and property management consultants.
+
+1. ***Developers & construction companies***: These companies first buy land or enter a joint venture; in areas that they envision are growing, build their projects (ie. residential or commercial complexes) and sell these finished spaces at a premium. Though their model seems pretty straight forward, they involve a lot of work right from the beginning in legal hassles, architecture and design of the building and selling these to the public ultimately, which is a huge task for a tough crowd like India. They are the 'makers of inventory' and earn a high ROI.
+2. ***Brokerage Firms:*** These are pretty much like they sound. They undertake selling on behalf of the developers and buying on behalf of retail clients. Most deal in resale properties too. These firms offer professional services enabling a buyer to get their required properties right from identifying the locality to providing auxiliary services like stamp duty, valuation, etc. Needless to mention, professional brokerage services are very few in number and most of the brokers operate in the unorganized market which is roughly 75% of the total.
+3. ***Property Management Consultants & Facility Management Companies:*** PMCs help in development of new projects and redevelopment of old and dilapidated buildings.Facility management companies take responsibility for day-to-day repairs and ongoing maintenance, security, and upkeep of investment properties for owners, typically apartment and condominium complexes, private home communities, malls, shopping centers, and industrial parks.
+
+**The Covid Effect**
+
+Real estate industry was in a low demand - low price phase as it is, and the start of Covid made it worse. There was a lot of inventory but people didn't have enough money in their pockets to buy / invest.
+
+But the pandemic surely changed the mindset of people towards home ownership. Many companies realised they didn't need as much office space. The work from home culture made people want a big and beautiful home and the ongoing rock bottom housing prices presented an opportunity up for grabs.
+
+The government also recognized the interest and came up with many initiatives to boost the industry that would not only ramp up demand but also benefit the economy at large. Some of them include the softening of interest rates on home loans to around 7% and the reduction of stamp duty from 5% to 2% in the state of Maharashtra. Some cash starved developers also introduced attractive schemes to incentivize the public to consider buying a property sooner than planned.
+
+High expected growth rates of urbanization, rising salaries of the middle income group, increase in the working women population and an economy on the up move overall are supposed to contribute to the growth of this sector.
+
+**Risks**
+
+Though it may seem that all is going well for the industry, it comes with its own set of risks.
+
+Since the market is still quite unorganized and vulnerable to frauds and legal hassles, it greatly depends on government reforms to make it more accessible and trustworthy to the general population. However, the MahaRERA Act imposed by the Maharashtra government has addressed this problem and plays a big role in making the consumer more aware of his/her rights, providing protection from unscrupulous developers and fraudulent brokers.
+
+According to MahaRERA, "RERA is an Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment or building, as the case may be, or sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy redressal of disputes."
+
+📷
+
+Another structural problem for this industry is the unsold inventory today causing the prices to remain low for a prolonged period, and reviving the demand for commercial space will be a slow one.
+
+Also, at the end, real estate is an illiquid asset class, i.e. cannot be sold quickly for cash and misinformation coupled with mispricing mostly shuns away investors from locking in huge chunks of money.
+
+**Invest!**
+
+There are mainly 3 ways you can invest in this industry: directly, through REITs or through realty stocks.
+
+1. ***Direct Investing***: Investing directly is a tedious process if you're a newbie, since it involves detailed analysis of a lot of factors in making a good choice, but is the most lucrative. Overall, a good strategy would be to invest in commercial shops, since they provide handsome returns both in terms of capital appreciation and rental income. In the case of investing in residential properties, it's better to stick with the good names like Godrej and Oberoi among others, that have a good track record in delivering projects in time. Looking for properties in localities that are on the verge of development will provide a great advantage.
+2. ***REITs:*** Real Estate Investment Trusts are companies that own, operate, or finance income-generating real estate. They work on pooling of funds to return a decent ROI to investors. Although a hit in developed economies, they are in the nascent stage in India and primarily invest in warehouses and office spaces, not offering more than 7-8% annually. You can start with as low as 10,000 rupees.
+3. ***Realty Stocks:*** You can participate in the winning companies of this industry by buying their equity. This is the perfect time to bet on these stocks since we are amid a fast growing economy and the demand for property is picking up. Sticking to the best in the business, analyst recommendations stand as below:
+
+📷
+
+***In a nutshell,***
+
+**The Indian realty industry is a cyclical industry and is currently gaining momentum. Though reviving the industry needs extensive government support; urbanization and strong demand can contribute to making it a lucrative investment over the long term.**
+Lol.
+
+I don't know how to trade, nor do I really want to.
+
+What I do want is to make my money grow.
+
+Am I right or what fellas?
+
+This may be a dumb post but I actually want to give my cryptos away to someone who knows what they are doing when it comes to day trading where I keep 80% and they keep 20% or something like that.
+
+Are there legit services that offer this?
+
+I am literally wanting to lend my capital to someone with expertise who would make money with it.
+
+Ta.
+This isnt a post to shill particular coins but to talk about the future of crypto as a whole and how we can get widespread adoption. After being introduced to BTC years ago and making my first crypto investment in Doge in 2018 I took a long lul because I had missed the crazy bull run and was generally uneducated about the space. It wasn't until this year that I actually gained a much deeper understanding of whats possible and the difference between shit coins like Doge and coins with real utility. As the seasoned investors have more viable utility coins to invest in, I still believe crypto is dominated by speculative earnings and not use case. I think a lot of us buy because compelling use case gives us a basis to speculate upward momentum and very few of us are actually buying coins to USE them. 
+
+With that being said, I do not think the crypto market will reach mass adoption through speculation. I believe we will truly see the market thrive when people are using crypto projects without even realizing that what they are doing is based on the technology. What consumer industry do you think is best poised to be IMPROVED by crypto technology and used by billions without them ever buying a coin for investment or even thinking about the technology behind it?
+29 years old, will be 30 by end of year. Just started taking my financial future seriously and opened a Roth IRA last month. The account currently has 4.2K and I am contributing $200 biweekly to max out by end of year. The account has the following positions: 
+
+FXAIX - 48.59% of account (ER: 0.015%)
+FSSNX - 6.62% (ER: 0.025%)
+FSMEX - 9.52% (ER: 0.70%)
+FSMDX - 8.58% (ER: 0.025%)
+FSGGX - 15.51% (ER: 0.055%)
+Apple stock - 11.18% (Bought this back when I was 24/25 when the stock dropped down to about $75. Bought it in a Simple IRA for shits and giggles, which I rolled into the ROTH IRA.)
+
+Is this a smart/wise allocation of funds? If not, what do you recommend changing? 
+
+As for the 401K, I am maxing out the employer match which is 5%. I’m contributing 7%, which is I believe $155.90 biweekly. Have a total of $32,567 in this account all in a 2055 target date fund with an ER of 0.54%.
+
+Question here, am I better off moving the funds to match my Roth IRA account? Specifically, a 85/10/5 allocation to FXAIX/FSPSX/FPADX and maybe some bonds? Should I keep it in the target date fund?
+
+All feedback and guidance is very appreciated!
+Hello all. Let me start with some background - Our father died unexpectedly two weeks ago, our mother has been deceased for years. Never remarried. There are four of us. We have no extended family.
+
+I'm writing today because I'd like your thoughts on our broad financial situation. As it stands, we are still probating assets, which is one house , one car (30k miles, all paid), and one bank account with about . We're still working on a million things, and haven't gotten to probating that, especially since there was no will.
+
+My father left us each about  in retirement funds, and  each as life insurance beneficiaries. Of the four of us, I already made the order to move my retirement portion to cash, so that I'll have over  in my bank. My reason for this is so that I can readily spend and protect my younger siblings, especially the minor. I plan to pay some consumer debt, student loan debt, go back to school, and for other death related expenses of my father. I do know to set some aside for taxes, and generally speaking, would also like a decent emergency savings. After having both my parents work their whole lives to save and then both drop dead at 56 years of age, I don't really believe in retirement anymore anyway.
+
+My three younger siblings all stand to inherit the exact same amount, but that also includes their share of ownership in the mortgage, which we plan to keep until our youngest graduates high school in two years at least. At times, it feels like we are all at such different places in our lives, our financial goals and plans could be just as different.
+
+Nobody seems to have any strong opinions about using their incoming funds. We are still grieving, and trying to 'normalize' our routines, but even before our dad passed, none of us were real financial enthusiasts.
+
+Being the oldest, I feel tasked with providing the most options and guidance. I'm open to advice, any advice, because I'm not a finance guy myself, either. Bro1 and I plan to start families with our fiances, and we have all discussed putting Bro2's funds in something of a trust that Bro1 and I can supervise. While we don't have this option with Sis, she is still so young, so I want to do as best as I can for her, too. But going back to the trust, we don't even know where to start for making that happen. Is it a court thing? Probate? Financial advisor? Legal guardian + family court thing? 
+
+Of course I want the best for them, with respect to saving, or investing, or just having more financial freedoms. I'm planning to write my own will soon, given the circumstances. Otherwise, any input is welcome, thank you.
+
+Edit: Selling the house is not on the table for the next few years because we intend to let our brother finish HS in it. Past that, we like the place anyway, so we may continue to keep/invest in it. I'm mostly interested in safe and sound financial ideas relating to the  total cash that's about to land on all of our doorsteps.
+Last year, Vanguard ran a promotion where they offered 2-3 months free of their managed retirement account services. I said what the hell, and signed up for the service just to see how it went. I believe everything was originally in the 2055 Target Fund, which they reallocated upon taking over management, as follows:
+
+1% cash/short-term bonds
+9% bonds
+37% large cap stocks 
+18% mid/small cap stocks
+35% international stocks
+
+That allocation pretty closely aligns with the allocation of the Vanguard 2055 Target Fund (feel free to let me know if I am wrong about this or misinterpreting), but the fees I am being charged for the managed account services are astronomical. I paid about $5 in fees in 2020, prior to switching to the managed account, and now I’m on track to pay $300+ in fees for 2022 for the managed services.
+
+Is there any benefit to sticking with the managed account, or should I just revert back to the non-managed account and dump everything back in the 2055 Target Fund to avoid the management fees?
+Hi all, thanks for reading, hopefully you guys can help me get a clear idea of what to do in this situation.
+
+So I'm based in Aus, if that changes anything.
+
+Basically my Dad's car is about to go kaput, he's looking into getting a replacement for the next phase of his life (he's mid 50's if that helps).
+
+Throughout his life, he's made some bad business decisions and as a result has terrible credit and has in fact gone bankrupt in the past, he's still on his way out but has around $30k outstanding which he is not wanting to pay out (communication issues between him and my mother - still have a business assett unreturned - not sure if this is an option to help clear the debt). Basically he is unable to get a loan for a new vehicle.
+
+He has asked me if I'd be interested in taking out a loan and buying a vehicle in my name, which he would use. The car would likely be $60k at least (not sure he wants to budge on this, as it will likely be his retirement/last vehicle, and personally I think this is an okay amount to spend). 
+
+My credit is okay, and if I'm able to secure this amount, what kind of risk am I taking on? Is this legal? 
+
+I do trust him to be able to pay off the amount within 2 - 3 years, and have told him I will need a 10% deposit on the loan that I will hold before and while the loan is taken out, along with number proof that he can and will be able to pay (full budget plan for the loan term).
+
+Is this a bad idea? Should I tell him he'll need to save for 3 years and buy his car then? And just buy a beater in the meantime? 
+
+He does deserve a nice car, and I want to be able to help him, i just really want to know what kind of risk I'd be taking on this? 
+
+Also might be worth noting - I've already done a small $5k loan for a health issue for him within the last 2 years, and he was able to pay as agreed then, but I didn't really consider the risk of that at the time, so hoping to be a bit more thought out this time.
+Just came from a blockchain presentation aimed at all levels of the organisation that talks about how blockchain is being looked at for financial services and eth was mentioned specifically. 
+It's becoming mainstream. 
+Cryptocurrency exchange Coinbase, which is preparing to trade publicly in the next few months, is being valued at $77 billion, based on trading of the company’s privately held shares on a secondary market. 
+
+Those shares in the largest crypto exchange in the U.S. are changing hands on the Nasdaq Private Market at $303 a piece, according to two people with knowledge of the auction. That implies a total company value of about $77 billion – greater than Intercontinental Exchange Inc., the owner of the New York Stock Exchange.
+
+“The third weekly transaction closed on Friday and the clearing price was $303 a share,” said a source. “The first week it was 200 bucks a share, the second week it was $301 a share, and the third week it was $303 a share. So you can kind of see price discovery happening.”
+
+https://www.coindesk.com/coinbase-valuation-nasdaq-private-market
+Guten Morgen to this global band of Apes! 👋🦍
+
+Apes, the bloodbath appears to have possibly started, with market-wide declines last week.
+While GME has usually been a 'negative beta' stock, rising when the market declines, it was heavily shorted and went along with everything else.
+Though it's impossible to say how long this trend will continue, over the weekend I realized that such declines in the past affected me far more than this one.
+When markets tanked 15 years ago I felt great concern as I didn't have any idea how to protect my investments as everything fell.
+
+This time, I have Diamantenhände.
+I *know* that GME is the best place to have my money.
+They continue to be able to manipulate the price, but there is nothing that they can do to get out of their short position without triggering the MOASS.
+As we watch to see how bad the markets get, rest assured that the SHFs are bleeding on their long positions just as much as they are on their short positions.
+Will they finally fail a margin call?
+
+Today is Monday, August 29th, and you know what that means! Join other apes around the world to watch infrequent updates from the German markets!
+
+###🚀 Buckle Up! 🚀
+***
+
+
+- ⬜ 120 minutes in: **$30.67 / 30,64 €**  *(volume: 6833)*
+- ⬜ 115 minutes in: $30.67 / 30,64 €  *(volume: 6588)*
+- 🟩 110 minutes in: $30.67 / 30,64 €  *(volume: 6586)*
+- 🟩 105 minutes in: $30.62 / 30,60 €  *(volume: 6571)*
+- 🟩 100 minutes in: $30.60 / 30,57 €  *(volume: 6528)*
+- 🟥 95 minutes in: $30.51 / 30,48 €  *(volume: 6414)*
+- 🟥 90 minutes in: $30.52 / 30,49 €  *(volume: 6294)*
+- 🟥 85 minutes in: $30.53 / 30,50 €  *(volume: 6094)*
+- 🟥 80 minutes in: $30.57 / 30,55 €  *(volume: 6082)*
+- 🟥 75 minutes in: $30.60 / 30,58 €  *(volume: 6076)*
+- 🟩 70 minutes in: $30.67 / 30,64 €  *(volume: 5725)*
+- 🟩 65 minutes in: $30.66 / 30,63 €  *(volume: 5725)*
+- 🟩 60 minutes in: $30.63 / 30,61 €  *(volume: 5689)*
+- 🟩 55 minutes in: $30.60 / 30,58 €  *(volume: 5689)*
+- 🟥 50 minutes in: $30.59 / 30,57 €  *(volume: 5589)*
+- 🟩 45 minutes in: $30.61 / 30,59 €  *(volume: 5589)*
+- ⬜ 40 minutes in: $30.37 / 30,35 €  *(volume: 5386)*
+- ⬜ 35 minutes in: $30.37 / 30,35 €  *(volume: 5308)*
+- 🟩 30 minutes in: $30.37 / 30,35 €  *(volume: 4739)*
+- 🟥 25 minutes in: $30.31 / 30,29 €  *(volume: 4616)*
+- 🟥 20 minutes in: $30.43 / 30,40 €  *(volume: 3293)*
+- 🟥 15 minutes in: $30.83 / 30,81 €  *(volume: 391)*
+- 🟩 10 minutes in: $30.86 / 30,84 €  *(volume: 367)*
+- ⬜ 5 minutes in: $30.85 / 30,83 €  *(volume: 257)*
+- 🟥 0 minutes in: $30.85 / 30,83 €  *(volume: 212)*
+- 🟥 US close price: $30.94 / 30,92 €   *($30.85 / 30,83 € 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 1.0007. I programmed a tool that assists me in fetching this data and updating the post. If you'd like to check current prices directly, you can check [Lang & Schwarz](https://www.ls-tc.de/de/aktie/gamestop-aktie) or [TradeGate](https://www.tradegate.de/orderbuch.php?isin=US36467W1099)
+
+Diamantenhände isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Many thanks to the originator of the series, DerGurkenraspler, who we wish well. We all love seeing the energy that people represent their varied homelands. Show your flags, share some culture, and unite around GME!
+Hi folks,
+
+As inflation is coming (some think that just for a brief moment, while others don't), I was wondering how do you think one should react wisely to it. 
+
+I'm not talking about 3-indexes, but beyond that (or better say - beside that) - what would you do? Buy goods? buy gold? I mean, not only in stock-related way.
+Personally I think this PRIIPs rule is 100% retarded... For real, the European Union bureaucrats "protect" the investors from the world biggest and best performing ETFs by banning their purchase, WTF????? I'm generally quite pro-EU (usually it's good for business, travel, societies), but this is a very dumb financial rule.
+
+Look how "bad" they are performing, LOL: https://finviz.com/map.ashx?t=etf&st=ytd
+
+I agree that financial regulators should protect investors from shady companies, trying to steal the customers' money, sure. But investing in always risky, and you can lose many in many different ways. Even if you buy the stocks of your home country's biggest companies, you can lose money. Investors should always research and diversify their portfolios and this KID (Key Information Document) rule won't help much here.
+
+Some related articles:
+
+https://www.ft.com/content/df694637-751d-3e3d-90f4-56ae87318501
+
+https://medium.com/@victorfigol/european-residents-us-domiciled-etfs-what-changed-c5de7c3cdbbd
+
+https://www.justetf.com/uk/news/etf/us-domiciled-etfs.html
+
+*edit: copied some info from one of my previous post
+Turning 27 next year which could arguably be considered in the late phase of ones 20s and approaching the 30s decade. Wondering what advice people in their 30s would have to people that are in their 20s approaching their 30s. This could be finance related, health related, life related. I currently feel a heap of pressure to be getting married and having kids (know alot of people who are hitting this phase) but genuinely feel like as a mortgage holder in Sydney that this is just impossible and I don't want to tie my life down with a spawn of the earth. Also feel like I have alot more travel to do before I settle down like that.
+Way too many times I see a price target of 1k per share, come on guys. We need to get a grip. 
+
+I’m talking 5 figures baby. Potentially 6 if they keep shorting it like retards. 
+
+We are holding the most shorted stock of all time. There will only be one $gme. After this is over and the stock has been squeezeth no hedgefund in their right mind will short a stock anywhere near that even without regulations coming in. The great VK squeeze went from $200 to $1000 on 12% short interest. I understand there cannot be a direct correlation and there’s different variables and players but whenever you look at $gme which is currently $312 per share with 120% reported interest still, the sky is limitless. 
+
+
+For the smoothbrains who can’t read:
+
+💎🖐=$gme🚀➡️🌕
+
+For Melvin capital:
+
+My offer for my 62 shares is 20k per share and some GameStop merch. Every day you delay the price increases by 1k.
+
+
+Edit 1/ Some didn’t grasp the price targets were a joke lol but I do think 1k is too low, just my opinion.
+
+
+Disclaimer: this is not financial advice I wear a helmet and not just on my bike
+This is a follow up to this post where I was asking help deciding to FIRE or not:  
+https://www.reddit.com/r/financialindependence/comments/9fesmd/help_me_decide_to_fire_or_not/?st=jr87spjo&sh=024c00c1  
+  
+**Spoiler: I did FIRE**  
+ 
+  
+
+**Quick recap**     
+FIRE'd at 35 years old, 1.6 million  Canadian dollar, Software engineer.  
+Homebody, with dweebish tendencies.   
+ 
+
+**Finances**  
+I don't own any real estate.  
+All my net worth is in index investing.  
+My portfolio went from 1.6M to around 1.5M after the recent Stock Market correction.   
+ 
+
+**Life**  
+To be honest I sit on the sofa for the best part of everyday.  
+I do go to the gym, and the occasional lunch with friends, but most of the time I just indulge in physical laziness. Either surfing the web or trying to come up with a money making idea.  
+  
+
+I'm someone who seems to need routine to remain active and face my fears (social activities are a big one), and I have failed to create a routine that challenges me and gets me out of my comfort zone - home.  
+
+ 
+
+I have considered creating a business and actually worked a lot on a website idea.  
+But I intuitively filter out any idea that comes with overhead (dealing with people, adding constraints to my schedule).  
+
+I still have this concern that I will run out of money, and it prevents me from working a real hobby project where monetization is not a factor.  
+  
+I am starting to consider taking a job again. Maybe not right now, but the idea has been growing.  
+
+ 
+
+My best friend says that people need challenges and constraints to grow, and I'm refusing to get any.  
+My girlfriend does not judge me for now but being with someone who does nothing can't be fun so it's bound to be a problem.  
+
+I used to enjoy traveling. I've lived in 3 different countries. But in the last few years, I became less curious.   
+I view the travel preparation, and flying as a chore.   
+
+ 
+
+I am basically turning back to being the sheltered teenager version of myself.  
+
+ 
+
+That's it for now.  
+I will keep you updated in a few months.  
+  
+ 
+
+EDIT: **THANK YOU** for all the replies. I'm reading every single one of them. It helps a lot.  There is some gold in here. Awesome community.  
+
+31y $6MM USA.
+
+Interested in getting into venture capital/angel investing as a way to further diversify myself. What is the best way to begin discovering and investing in companies outside of personal network?
+I am a white collar worker working in New York city looking to buy my first rental property in an affordable location. I am looking at Atlanta/Dallas/Austin/Denver/ Tucson at this point which I think are within my price range, and have scope to appreciate as these places grow.
+
+My plan is to buy a condo close to the city and hire a PM to look after day-to-day operations. Condos in my initial research tend to be within 200-250k. I am preparing myself for a 20% down and 4% closing costs.
+
+My idea is to close out on total mortgage paying it from my salary along with net rent and treat future rent as passive income. 
+
+Looking for any experiences from out of state passive RE investors. I currently rent in the city, this will be my first property purchase. Any pointers I need to consider as I start this journey.
+
+Thank you.
+My family and I currently live in Washington state in a military town(we are not military) We are relocating out of state and currently have our house listed at the estimate price of $620,000. We owe $385,000 with a 2.3% interest rate. 
+
+But we are quickly realizing that the fish aren’t biting like they were 2 months ago.
+
+We are leaving in August.
+
+I have always wanted to get into real estate investing but have always been too nervous.
+
+Should I keep the house on the market and hope for the best as we start our journey across the country or hold onto it and rent it out? Any information/tips/advice would be greatly appreciate.
+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
+Well boys, as the title suggests I was assigned 200 shares of INTC at $58/share. I had received .75 for each contract so my basis is 57.25. At the current price of \~$52/share, I'm looking at a loss of $1000.
+
+When I saw INTC tank after-hours I was planning on rolling the contracts but now I don't have that option.
+
+I've been assigned before, but the stock never tanked so far below my strike. I guess I'll be selling covered calls for several weeks unless INTC gets a quick resurgence.
+
+​
+
+Wish me luck and stay strong everyone.
+I've read a few comments in here that people were having as hard a time as myself trying to upgrade their options ability level in Fidelity.
+
+I applied for Level 3 end of January, and got level 1(covered calls only)
+
+After that sent in another application for level 2.   After almost 2 weeks wait,  rejected.
+
+Waited a week , sent another application for level 2.  Again another 2 weeks wait, rejected.
+
+This time waited a 3 or 4  weeks before submitting another application for Level 2.
+
+This time after 4 days,  ACCEPTED.
+
+I don't understand their evaluation process.   But if you are trying to upgrade your options ability in fidelity.  Just  spam them i guess.  And lie, maybe.  I kept answering honestly in the questions about "equity options experience", "forex experience", "index options experience" in my first 3 attempts.
+
+i used to put 10years, 0, 0 for years of experience.
+
+in this last application i put 20years, 20 years, 20 years.  Which was the only difference in the application.
+
+I'm happy.  Can do more with options now.   With none of the paperwork as in my ThinkorSwim cash account.  Though i may stick with CC only strategies, since there is no Margin in the account cause IRA. And i don't normally leave a huge chunk sitting around in cash.
+
+It also possible it had nothing to do with the number of applications , and maybe i just completed some level 1 "trial period" of 2 months or something.
+
+In any case, i will now spam them for level 3.
+I've been having incredible success with 0 dte spx credit spreads. I use stop losses to guard against the market turning against me. I don't have to worry about pin risk or any weird things with spx because they are cash settled options. 
+
+Typically I open my trades an hour after open and close out my position when its near max profit. I pick 10 delta or lower. Sometimes if the the conditions are right I open iron condors.
+
+I'd like to start a discussion on what risks I may be missing? 
+
+I keep my risk defined by stop losses, cash settlement, and obviously long long positions. I understand there is massive Gama risk and delta can change at the drop of a hat which will stop me out.
+
+My current profit is $21k which is roughly 51% ytd.
+I've been having incredible success with 0 dte spx credit spreads. I use stop losses to guard against the market turning against me. I don't have to worry about pin risk or any weird things with spx because they are cash settled options. 
+
+Typically I open my trades an hour after open and close out my position when its near max profit. I pick 10 delta or lower. Sometimes if the the conditions are right I open iron condors.
+
+I'd like to start a discussion on what risks I may be missing? 
+
+I keep my risk defined by stop losses, cash settlement, and obviously long long positions. I understand there is massive Gama risk and delta can change at the drop of a hat which will stop me out.
+
+My current profit is $21k which is roughly 51% ytd.
+How do algorithmic trading systems usually *consume* structured event data? 
+To be clear, I'm not referring to price / market information, but metadata like news sentiment & happenings (e.g. announcement of company merger, executive departure, ..). I'm also *not* looking for instructions on how to *get* structured event data, I'm trying to figure out how traders can work with already existing event data.  
+
+I'm looking for
+
+ - information & terminology on this approach (there must be a proper name?)
+ - general strategies for consuming this type of data
+ - specific formats that are commonly used 
+
+I'm happy to dive into any books, source code, whatever resource or other jumping off point that might be helpful. 
+
+For context, I'm building a crypto intelligence platform - basically it aggregates meta-information from many sources (source repositories, social accounts, blogs, forums, governance) into a structured feed of events (releases, partnerships, listings). This has the massive advantage of low latency & great coverage compared to human-curated feeds. I'm exploring how this might be used by trading systems, but I'm completely green in that regard. 
+
+TLDR: I have structured event data that seems relevant for trading, how can I get it to traders most effectively? 
+
+
+PS: Also, if anyone here is actively trading with crypto, I would be happy to chat to understand your perspective better & see how I can help :)
+Fuck you.
+
+You retards have been pumping this stock for the past six fucking months and only NOW the dump happens. TSLA is up, what, 400% YTD? Without releasing a single new product? Their stock is now dropping after good news because people are starting to realize Elon is trying to build an actual company, not usher in the second cumming of Christ.
+
+In the end, this drop is not Elon's fault. Your losses are not Elon's fault. You have no one to blame but yourself, and honestly you should be happy this happened now and not after TSLA market cap gets pumped to $1T or you would be well and truly fucked.
+
+DA big funny "I lost money on Tesla" post was funny the first 20 times I saw it this morning. Now it is really just sad.
+
+FCKU 350P 10/2
+
+EDIT: Changed position
+Hi guys,  
+
+
+I am 24 and looking into getting my first health insurance coverage. Wanted to get some opinions on whether or not it is worth it. Extras vs. hospital + extras vs none etc.   
+
+
+Thanks for your help!
+Most of us did retail or fast food for first job. I was wondering what many would consider a good first job. Better than below minimum wage and not as exploitative.
+
+I was thinking doing a barista course and working in a wanky Cafe. But I have no experience with that at all.
+23m here with minimal investing literacy.
+
+I've recently begun the Journey of trying to get started in investing.
+
+After some research, Vanguard ETFs seem to be a stable, long term opportunity provided you can maintain a structured, regular depositing habit.
+
+I have a decent enough income (around 60k before tax) so I would be able to maintain depositing with structure.
+
+So, what's the catch? Everything I've read from the government websites, social media posts (understand these aren't gospel, but helps for a broader picture to then apply some critical thinking to), podcasts and the vanguard charts seems to show you really can't go wrong. There might not be a catch, just conscious I might be missing a core concept given I'm new to the world. Just seems a little too easy to put money in, wait, and make a solid return?
+
+In line with posting rules, I'm not seeking advice on what I should invest in, but rather some information/context on know-how I might be missing.
+From a psychological standpoint point, the term “Double Down” sounds risky. It sounds desperate. When do you double down? When you’re trapped in a gamble that you NEED to succeed. It shows a weak player who hadn’t thought out their play before throwing their money on the table.
+
+Now “Due Diligence” speaks of wisdom. It tells a tale of a person who is taking the time to cover their bases. A person who looks at the options and makes a rational decision. A diligent person; the kind you would put your own bets on.
+
+Now I firmly believe these media shills are not idiots. This isn’t their first rodeo and they have huge money, their own psychologists, and years of manipulation experience. Of course, we will laugh and point at them for their perceived stupidity. 
+
+But (and this is important) WE ARE NOT THEIR AUDIENCE!
+
+They already know damn well what we think of them. The fact that they use DD (wrongly) as a term confirms they’re in here and they are aware of our stance on their bullshit tactics. Their game right now is to dissuade new money from coming in. It’s been that way since January. 
+
+“Shorts have covered” 
+“Reddit crowd is manipulating the market”
+“Look at these stocks, the next GameStop!”
+
+By claiming our DD is about Doubling Down, they paint us as irrational players at the table. Risking it all because we already fucked up once. 
+
+Not our Due Diligence. Not our hundreds, thousands of man hours put into research and review. Not our god damn unshakeable will to HODL because we know this isn’t a bet anymore. It’s not a matter of IF to us, it’s a matter of WHEN and they know it as well as we do. 
+
+Just more tactics to make the sheep too afraid to look down and see they’re not covered in wool with grass beneath their hooves but apes with hands made of diamond and a god damn rocket ship sitting in front of them.
+Starting in September 2017 the city of Zug will be the first city in the world to allow it's citizens to create a digital identity. The first use case that they are looking to achieve is  e-Voting. From a technological perspective they are using uPort from Consensys based on the Ethereum Blockchain.
+
+Unfortunately the press release is in German. You can find it here:
+http://www.stadtzug.ch/de/ueberzug/ueberzugrubrik/aktuelles/aktuellesinformationen/?action=showinfo&info_id=383355
+I know most of you are all either banned from WSB or only active here, but this message is really important to share. I’d share it on WSB if I wasn’t banned for making a GME post. 
+
+I don’t believe in coincidences. There’s no way the mods who have been banning left and right suddenly have a beautiful change of heart and allow GME posts collectively overnight. Now that we are closer to the endgame, hedgie manipulators clearly want control over the narrative again. I fully expect to see photoshopped (or real) gain porn at $1000, “””DDs””” doing Technical Analysis and “”concluding”” that the squeeze is done, pictures of lambos or charitable actions, and a bunch of other tactics to get WSB to paperhand. Not that it really matters at this point because Superstonk owns the float but it’s still important to keep as much rocket fuel as possible. 
+
+Remember: 
+1. 10 mil is the floor 
+2. Sell on the way down 
+3. Don’t sell on way up to cover initial investment 
+4. Don’t listen to anyone even subtly hinting that you should sell
+
+Good luck all.
+
+Edit: WOW. Lots of people saying they were recently banned even today for posting about GME. This confirms that it’s still heavily curated and it’s only the illusion of being allowed. They want to control the narrative!
+I know most of you are all either banned from WSB or only active here, but this message is really important to share. I’d share it on WSB if I wasn’t banned for making a GME post. 
+
+I don’t believe in coincidences. There’s no way the mods who have been banning left and right suddenly have a beautiful change of heart and allow GME posts collectively overnight. Now that we are closer to the endgame, hedgie manipulators clearly want control over the narrative again. I fully expect to see photoshopped (or real) gain porn at $1000, “””DDs””” doing Technical Analysis and “”concluding”” that the squeeze is done, pictures of lambos or charitable actions, and a bunch of other tactics to get WSB to paperhand. Not that it really matters at this point because Superstonk owns the float but it’s still important to keep as much rocket fuel as possible. 
+
+Remember: 
+1. 10 mil is the floor 
+2. Sell on the way down 
+3. Don’t sell on way up to cover initial investment 
+4. Don’t listen to anyone even subtly hinting that you should sell
+
+Good luck all.
+
+Edit: WOW. Lots of people saying they were recently banned even today for posting about GME. This confirms that it’s still heavily curated and it’s only the illusion of being allowed. They want to control the narrative!
+ 
+
+[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!*
+Yesterday I went to the bank to make a international wire transfer to Bitstamp. My account is with Bank of America.
+
+So I get there, have to wait 30 minutes to see a banker. Okay thats cool. 
+
+I sit down, and tell him I have to do a international wire transfer. He tells me its going to be a $45 dollar fee (damn right, thats alot just to transfer money). I said okay and he started asking the information where the money is going. I tell him its going to Bitstamp Limited, and he asks which country the company is in and I tell him the UK. Then He asks for the bank info where the wire is going to and I tell him the info that Bitstamp gives you. The dude started tripping because they are banking in a different country and starts telling me this is really fishy to be banking in a different country blah blah. And I know Bitstamp is reputable and they aren't a scam but after I tell the guy "Well as long as my wire goes through I don't really care" he goes ahead and does it.
+
+It's like in banking you really have no privacy, some random stranger gets to see my whole account balance, and I feel like I have no control over my money. It's at that moment I realized how useful Bitcoin really is because with Bitcoin noone sees my account balance if they don't know my address, and I have control over my own money without having to deal with bankers and wait 45 minutes just to finish signing papers, giving my id, and talking to some random guy who is just a scrub working for a bank. 
+
+$45 to send money, gotta wait like an hour just to send the money, gotta sign papers, show id, have some random guy look at your account. With Bitcoin its close to $0 fee, instant transaction, control over your own account, no paperwork, just so simple.
+
+God, I love Bitcoin.
+https://www.thetimes.co.uk/article/top-up-pension-pot-later-in-life-urge-economists-mjpnnlj3w
+
+Households should be encouraged by the government to put more money into their pension pots later in life once children have flown the nest, a think tank has recommended.
+
+The Institute for Fiscal Studies said that people should be nudged into increasing their retirement contributions as they age.
+
+It recommended that the government considers overhauling the system of automatic enrolment into workplace pensions to take ageing into account, so that retirement contributions increase as workers get older. The system could also be revamped so that pay rises trigger bigger pension contributions.
+
+Other policies suggested by the institute included nudging people into saving more into pensions once mortgages and student loans had been paid off and when children had left home.
+
+The think tank’s findings mark a departure from much of the advice that is typically given on pensions. The focus in the past has been to encourage the public to start contributing to a retirement scheme as early as possible, so their pots can enjoy the biggest boost from the effect of compound interest. This is when the interest on savings is reinvested and accumulates over time.
+
+The emphasis on saving early has been driven by concerns that the UK will be hit by a pensions time bomb in the future caused by the ageing population, which will leave people facing a shortfall in their pots at retirement. Yet the think tank said that there were benefits to focusing on saving later in life.
+
+Workers’ earnings typically rise with age and experience, leaving people with more spare income to put into a retirement pot in the latter stages of their careers. At the same time, household costs tend to fall as debts are cleared and children no longer require support.
+
+The institute suggested that a typical graduate with two children should aim to make about two thirds of their retirement scheme contributions after the age of 45. This would involve making 5 per cent contributions before children leave home, and afterwards increasing them to between 15 per cent and 25 per cent, according to the think tank, whose work has been funded by the Nuffield Foundation.
+
+Rowena Crawford, an associate director at the institute, said: “There are good reasons why individuals should not want to save a constant share of their earnings for retirement over their working life. This does not make automatic enrolment, with its default minimum contribution rate, a bad policy.
+
+“But as policymakers consider how to increase retirement saving further, focus should be on policies that increase retirement saving at the best time in people’s lives rather than just increasing saving irrespective of their circumstances. Default minimum employee contributions to workplace pensions that rise with age are an obvious option. A joined-up approach could also involve employee contributions rising when an individual’s student loan repayments come to an end.”
+
+A spokesman for the Department for Work and Pensions said: “Automatic enrolment has been an extraordinary success, with over ten million workers enrolled into a workplace pension to date and an additional £22.7 billion per year being saved compared with 2012 among eligible employees.
+
+“The government’s ambition for automatic enrolment will enable people to save more and start saving earlier by abolishing the lower earnings limit for contributions and reducing the age for being automatically enrolled to 18 in the mid-2020s.”
+​
+
+https://preview.redd.it/e8zw5ohecaz61.png?width=500&format=png&auto=webp&s=c9c5ec6d652d4f3bda69e2221e9a88f7ee4da7db
+
+I'm a successful, self-made businessman, after a successful corporate career.  I'm not dumb.  But, holy shit, when I read some of the DD here?!?!?!  I'm sitting at your feet, learning.  You guys do amazing work!
+
+I tell people that what goes on here on this sub is like when the internet sleuths join together from all over the world to solve a cold murder case.   That's what you guys are doing here.  So awesome.  Thank you for sharing it.  Thank you for teaching so many of us.
+
+Just know that a lot of us would love to buy you a beer.
+After learning this lesson the hard way, I'm hoping this post will save a few other people some money and time.
+
+Last week I paid for a Lifetime Membership to Rick Rahim's ProChartSignals.com ($1,699). It was supposed to include custom signal indicators, lots of educational material, information from Rick on how his bots are setup so we could do the same, free forex trading bots and other benefits shown on his site. (It has been edited recently, but I've taken screenshots of its original promises).
+
+Anyways, the value add of having all the info and data immediately available plus a person to help learn helped me justify the cost. 
+
+Instead it was QQE Buy/Sell signals Rick stole from Trading View and rebranded, as well as the Awesome Oscillator. His lifetime member discord is just him calling out his stock trades and answering only the questions that lead to him making more money off the members, because the once free forex bots are now only free for the first 45 days, and hosted on FXPrimary, a forex site with loads of bad history. 
+
+About a week after joining I was promptly banned for bringing up his obvious theft of signals from trading view. 
+
+Apparently this kind of stuff isn't uncommon, although it's usually a $25/month discord fee for call outs. Many of which have the same win percent because they're based off of free TV signals.
+
+My long winded point here is that you're better off just taking the time to learn opposed to believing there's a shortcut to profit.
+It's got to be very cheap and very good.  Anything
+
+Walmart pizza bites great value brand
+
+Edit:im hearing a lot of very cheap stuff that is not that good.  Please make it good as well.  Also it does not have to be food.
+Please, no more potatoes
+
+Edit:lots if books and library recommendations.  Here's two links 
+http://libgen.rs/
+https://z-lib.org/
+Hey everyone!
+
+So this sub often lists the two above ETFs as true all in ones. I currently allocate a significant percentage of my portfolio to XEQT, a few other ETFs, and several stock picks. I'm trying to get away from stock picking simply because it's time consuming and stressful to do proper DD.
+
+What is everyone's opinion about holding just XEQT alone or would you add in any other ETFs. I'm interested to see everyone's take on the matter.
+I'm not going to go over the fundamentals on this as its far too complex for a smooth brain like me to try and explain or even fully comprehend...but loosely put...they are developing a ReRam storage class memory that after many years of development is in the final stages of testing right now, with results due in the next couple of weeks, 31 US patents granted for their in house tech so far another major patent expected to be granted soon. 4DS have a partnership with Western Digital and Imec and are targeting cloud storage for the tech as opposed to WBT ReRam targeting Flash Nand, plenty of scope for both companies to succeed. 
+
+​
+
+$105k 4DS @ 16.9 c average
+
+​
+
+https://preview.redd.it/wbfx6ahymqe71.png?width=739&format=png&auto=webp&s=8da9b507b1a1e59510e604bdab165efbf04b7347
+
+I am no specialist in the technology so prefer to follow the Price Action on this kind of play, the chart looks primed for a major move higher after the recent period of consolidation. Price broke out on Thursday with Volume, SP back up over the 17 cents support, next target will be to get through 20 cents then it should be a pretty smooth run to 26.5 cents, which is the recent high from earlier in the year, after that 33 cents is the major target where you may want to be taking profits or re-evaluating the Fundamentals for further upside, higher zones of resistance from there are 57 and 93.5 cents there's a good chance it can get there given the market size and valuations given for tech in the Semi conductor sector, but conservatively 33 cents seems entirely likely as announcements flow in the coming weeks/months and the product gets closer to a commercial partnership/takeover.
+
+​
+
+https://preview.redd.it/g2mc6w73pqe71.png?width=1823&format=png&auto=webp&s=c93c15d5d286f5a171f128c346bb7280908c4630
+
+​
+
+https://preview.redd.it/7t9j4ebcmqe71.png?width=1824&format=png&auto=webp&s=72031019cad54950e20f2cacbd333286096ce124
+Thought to compile a shortlist of individuals who track the ASX and companies on youtube
+
+Two of my favourites are:
+
+\- [Aussie Stock Pickers](https://www.youtube.com/channel/UCWqDFArx0v60Tkozd3n1UTg)
+
+\- [Demoniaco ASX](https://www.youtube.com/channel/UCLdpANrxJzD_1Eru52X8Prg)
+
+​
+
+Some others are (don't watch them):
+
+\-  [Aussie Investing Machine](https://www.youtube.com/channel/UCU4_rj_8QMVDX3u8_-O1F_A)
+
+\- [Michael Ko](https://www.youtube.com/channel/UCXutEl1FPwFMSjX0rynYSuQ)
+
+\- [David Quan](https://www.youtube.com/channel/UCWyf26ZwMJXrRxc3Yw4iZmw)
+
+\- [Hamish Hodder](https://www.youtube.com/channel/UCODr9HUJ90xtWD-0Xoz4vPw)
+
+\- [Kenjoe Bu](https://www.youtube.com/channel/UCs87KrZGbRB__FQ0yS8vLQQ/videos)
+
+\- [The Rookie Investor](https://www.youtube.com/watch?v=Q65hcOE7t8U)
+
+\- [Stocktake with Yush](https://www.youtube.com/watch?v=BctFVND5gM0)
+
+\- [Compounding Everything](https://www.youtube.com/channel/UCXVqhbGFi9DoJtavjzzqZXA)
+
+\- [The Adventurous Investor](https://www.youtube.com/channel/UCKVkZOObvCJivhHXOsBi8tA)
+
+\- [The Healthy Investor](https://www.youtube.com/channel/UCVqLbbz2NcQBi6bsSlOTlTg)
+
+\- [Joshua Wang](https://www.youtube.com/channel/UCexZalgYyI5j1t_jBVk1oBg)
+
+\- [Investing with Tom](https://www.youtube.com/c/InvestingwithTom/videos)
+
+\- [Family Finance](https://www.youtube.com/c/FamilyFinance/videos)
+
+\- [ASX Investor](https://www.youtube.com/channel/UCDpEIqJDyUZFM6FxjWZNgDg)
+
+​
+
+Don't even go near these ones
+
+\- [Justin Baldori](https://www.youtube.com/c/JustinBaldori/videos)
+
+\- [James Bernstein](https://www.youtube.com/c/JamesBernstein/videos)
+
+\- [Invest with Queenie](https://www.youtube.com/channel/UCOYBaRNdosHLQvIZc1DNHDg)
+
+\- [New Money](https://www.youtube.com/channel/UCvSXMi2LebwJEM1s4bz5IBA) (This guy sucks)
+
+\- [Aussie Money Man](https://www.youtube.com/channel/UCFjdDTZcTHWsBKYw0z5H_6g) (This guys even worse)
+
+​
+
+If you have any that you watch or know off add them in the comments!
+
+​
+
+EDIT: from comments
+
+\- [Invest for the future](https://www.youtube.com/channel/UCLyH4gxQ2rGgSCR_MzD5KgA)
+
+\- [Taco Investing](https://www.youtube.com/channel/UC0yHfKlRW5z7Y5LNbwaLbSw)
+
+\- [Invest with Frank](https://www.youtube.com/channel/UC7DSlY4iWJrLb2ShSOpBHbw)
+
+\- [Kneppy Invests](https://www.youtube.com/channel/UCjQJPzeCJhA4KrETh3FVVHA)
+
+\- [Finder Market Points](https://www.youtube.com/channel/UC7N0NPq6REt_F7HOQOGgC9Q)
+
+\- [ASX Analytics](https://www.youtube.com/channel/UC1sgVYbGQ7uT5KemeBwFhhg)
+
+\- [Rivkin Securities](https://www.youtube.com/channel/UCMb2hjtqt9GogH596wvZG0Q)
+
+\- [Switzer Financial](https://www.youtube.com/c/SwitzerMedia/featured)
+
+\- [Livewire Markets](https://www.youtube.com/c/Livewiremarkets)
+It is time for some ASN DD and I'd like to **preface the post by noting this DD is a taster, it's here for you to read and then do some digging around of your own**.
+
+I'll be keeping it short mostly because walls of text aren't fun. It'll also be light on financials because well, just like having a kid that you believe will become Elon Musk one day - the formative years are going to involve a lot of cost and investment. If you like to judge a company on revenue and PE Ratio's, from the offset I'd advise that perhaps this is not the stock for you. But first off, some disclosure - mostly because I want to be a little bit more transparent than our former Attorney General who definitely didn't rape anyone or accept bribes of more than $600,000 to pay his legal bills for legal action that he himself initiated and then abandoned because the evidence against him would be made public.
+
+So with that out of the way, here it is. I have about $28k with fairly little in profit as I usually like to do DD before YOLO'ing large sums of cash into a stock.
+
+[The weighting is actually 10%, not 20 as I gamble stonks in the US as well. ](https://preview.redd.it/44989w953rn71.png?width=1073&format=png&auto=webp&s=8f5ccf5113b8220a49200ffbec2d5275b3b98ce2)
+
+# Who are they and what do they do?
+
+Like many miners these days, ASN fancies itself not as a big bad corporate machine that is pillaging the earth of resources to further drive capitalism but as an *"explorer which endeavors to develop natural resources to power a clean energy future"*. Somewhat true to their word, these guys seem to have a bet in every corner of the clean energy pie. Their projects include:
+
+**Paradox Basin Brine Project**
+
+This project is based in Utah and that's pretty important because there's a fair amount of battery gigafactories in construction within the US of A. On a macro level, le Biden administration have a massive hard on for anything battery materials or production locally to hedge against China's dominance in this area. According to industry standard testing (JORC), ASN is sitting on about 186,000 tonnes of LCE (Lithium) and have achieved 99.95% purity with their DLE (Direct Lithium Extraction) partner Lilac. Novonix (NVX) has since tested their product and have noted in particular that the lithium produced from Paradox has properties that enable longer recharge cycle life, something essential for EV batteries. Paradox also holds a heap of bromine within the brine as well which will be extracted and sold. They've already put in place an MOU with Tetra for the sale of it (an off-take). If you need to google "what is Bromine" then you're not alone, it's an obscure material that is key as a flame retardant in fire extinguishers amongst other uses. I'll note that some battery companies such as RFX do use bromine in their battery chemistry but it's fairly niche as a use case. 
+
+The PFS (Preliminary Feasibility Study) is currently underway and that's the go/no go in simple terms. **Current estimates leave the project with a NPV of $576m USD for first phase of mining and then an additional $566m USD for phase two with a expenditure of $121m USD**. The PFS will determine the actual expected margins and costs so this will change. I'm slightly bullish on the project because the longer the PFS takes, the more the Lithium price goes up and the location is pretty appealing. You can make more margin on your lithium if you only need to put it on a train to the nearest gigafactory and that cost competitiveness will certainly determine off-take contracts. In comparison if LKE was to ship it's lithium, it needs to fill a truck in the Argentine mountains, drive it to a port, put it on a ship to Murica and then get it on a train on the other side, possibly back onto a truck and then into a local gigafactory. LKE is about 10% of my portfolio and even with transport considerations, they have estimated very juicy margins.
+
+It's always hard to put a MC on micro cap miners but sitting on over a billion USD of lithium/bromine whilst having a MC of just shy of $98m AUD is encouraging to say the least. This is just one of their many projects as you'll see. You can check their latest annual report for these figures - [https://www.asx.com.au/asxpdf/20200925/pdf/44n0yt799j6b32.pdf](https://www.asx.com.au/asxpdf/20200925/pdf/44n0yt799j6b32.pdf)
+
+​
+
+**Yellow Cat Uranium**
+
+Well if it isn't everyone's favourite resource and the flavour of the year it seems. We won't spend much time here though as it's fairly quiet on this front to be absolutely frank. Located in Utah as well, this project has no known timelines for drilling but is an opportunity none the less. Any action with this one is a bonus and will likely influence the SP in a non sustainable way (read, hype).
+
+​
+
+**The Bull Project**
+
+CHN struck it sweet in the area and there's a bunch of nickel, copper and PGE (palladium and all) here which is fairly key for battery production. There's a lot here to digest and if you want more detail, check on ASN's actual website here: [https://www.ansonresources.com/wa-project-portfolio](https://www.ansonresources.com/wa-project-portfolio)
+
+The biggest point is that this project is something they are looking to develop and they will likely have to raise funds for it too but the potential is absolutely massive and could cause a significant re-rate of the SP in the near term.
+
+​
+
+# The here and now
+
+I'll let you guys pour over the financials and management team as this is already getting a bit longer than I have time for. The here and now is that ASN have decided to raise capital through bonus options to fund the Paradox Brine drilling which is a part of the PFS. This is important because LKE essentially did the same thing and it pretty much doubled in share price and allowed more holders to take a bigger stake in the company if they actually believed in it whilst shelling out investors who only really had a short term view (ie, weren't interested in the options). The options recording date is next Friday the 24th for ASN so if you are going to accumulate, do it prior to then.
+
+In the short term the Paradox PFS should de-risk the company and push it towards actual lithium production which is always the main game. The Bull project could be the cherry on top or the main course, we won't know until they start poking more holes in the ground. I view the Bull as an added bonus but there are plenty of holders who are relying on "The Bull" to essentially be their ticket to lambo town. I'll leave it the market to speculate there as my main focus is, and has generally always been all about the lithium and battery story.
+
+With any explorer, there are huge risks and ASN is very early stage compared to other players such as LKE who have completed their PFS and have largely secured funding for their mine. There's a heap going on with this company and plenty of little bits that I've left out that may have a fairly large impact on the share price like:
+
+* Management team and financials
+* Macro future prices for lithium, bromine, PGE, Copper and Nickel
+* Timelines and possible catalyst announcements for The Bull, Paradox and Yellow Cat
+* The lack of marketing, the team really could use a few Canva templates for sure.
+
+The TL;DR is that ASN's entire value will rest on either the success of their Australian PGE, CU and Nickel discoveries or the Lithium Brine project in Utah (or both). They are in my mind at least relatively undervalued and unknown and could be quite a significant lithium producer in 2023/24 - right when Lithium prices could peak. The current pips jump the SP by 5% so it'll be volatile AF until the SP moves much higher.
+If you're feeling blue cause of all the red, I have some confirmation for your bias right here. :)
+
+You shouldn't need it, cause the [004](https://www.sec.gov/rules/sro/occ.htm) news should have every part of your body totally jacked.
+
+Since we just had such a blood-red day I wanted to check the current option Open Interest to see how much of todays selling pressure was from Naked Shorting. Well, we know Apes certainly aren't selling, so its gotta be bare nekkid!
+
+This is an update to my previous post on Married-Put Remnant Forensics [here.](https://www.reddit.com/r/Superstonk/comments/nacqtm/may_update_on_the_marriedput_forensic_analysis/) If you haven't read that, read it first for the context of this post.
+
+**TLDR** Short Interest increased by another 5% last week to 155% of the float and there may be even more shorts hiding in short-term put options for an additional 17% short interest.
+
+No, seriously, go back and read that first one then come back.
+
+Let's go!
+
+**Updated Calculated Short Interest from Married-Put Remnants**
+
+GME Shares outstanding: 70.77M
+
+GME Float: 47.75M
+
+Irrational Puts from now until Jan 2023:
+
+Option Expiry | Open Interest Apr 18 | Open Interest May 11 | Open Interest May 28
+:--|:--|:--|:--
+Apr 16 | 7,067 | 0 | 0
+Apr 30 | 6,124 | 0 | 0
+May 14 | 135 | 683 | 0
+May 21 | 3,648 | 3,990 | 0
+May 28 | 150 | 412 | 484
+Jun 4 | 0 | 64 | 211
+Jun 11 | 0 | 11 | 108
+Jun 18 | 0 | 1,046 | 1,458
+Jun 25 | 0 | 13 | 28
+Jul 16 | 299,922 | 303,927 | 303,679
+Oct 15 | 14,736	| 19,223 | 19,285
+Nov 19 | 22,760 | 22,601 | 22,527
+Jan 21, 2022| 220,355 | 224,653 | 226,991
+Jan 20, 2023 | 43,984 | 46,136 | 45,859
+Total puts | 619, 458 | 622,769 | 624,608
+Shares short | 61.88M | **62.27M** | **62.46M**
+
+**Ok, what does fox say?**
+
+The number of naked short shares implied by Married Put remnants has increased by the equivalent 184,900 shares in just the last week.
+
+* Ortex has 'exchange reported' Short Interest at 11.82M shares.
+
+* 4,600 put contracts have expired since the previous post but there is still a net *increase* of 1,839 contracts.
+
+* Combining the calculated Naked Short interest of 62.46M with the official 11.82M short interest, we get 74.28M shares short or *155.6% SI*.
+
+So, the Short Interest has *increased* by another ~5% over the last week while GME went from $146 to $168. (Wow. Apes are crushing!)
+
+
+**The Great Put Embiggening**
+
+Thanks to u/Full_Option_8067 for digging up the options chain from January! 
+
+Back on January 15th the open interest for sub $20 Jan 2022 Puts was 22,278 which today has over 223,653 puts.
+The March sub $20 Puts was 29,374 and today that has ballooned to 224,653 puts. 
+
+Yup. No real suprise here, the baby-squeeze on Jan 28th sorta marked the beginning of the marry-them-puts shenannigans to drive the price action down down down. 
+
+Could this indicate naked shorting was occuring back in Jan? Possibly and probably. Certainly not to the extent it is today or at least the means to short GME were not predominantly Married-Put naked shorting. 
+
+
+**The Wedding Planner**
+
+Considering the Put part of a Married-Put trade is NEVER gonna be used, it makes sense to minimize the cost the these types of puts. If you look at the January 2022 put options, the $0.50 strike costs just 2 cents! Two freaking cents! I guess even hedgies don't like throwing money away if they don't have to.
+
+This explains why the pattern for these is densely clustered around just two Option dates a super-low-strikes. July 16th and Jan 21, 2022. These are the most cost-effective places to dump irrational puts. Only one problem, they stick out like a sore thumb. This got me thinking, where else can they hide shorts?
+
+
+**When you make an Assumption ...**
+
+When I wrote my original post on this topic I picked $20 as the cutoff strike price to delimit rational from irrational puts. I did that by eyeballing the double-distribution of puts across the Option Expiry dates and found a valley. Normal stocks don't have such exaggerated double humps and instead call/put action *generally* creates a nice camel hump pattern around the current stock price with the sporradic YOLO or fatfinger bet outliers.
+
+That was a bad assumption and the more correct way to do it would be to define irrational puts by their implied volatility or more directly by their cost-effectiveness, knowing that anything spent on the cost of that put option is totally written off.
+
+BUT, you can't just load up on *half a million* $0.01 put options in July at a $0.50 strike! That's gonna stand out like a big turd on the sidewalk, apes or somebody might notice that. You gotta spread those puts around a bit. So they grabbed 148k at $0.50 strike, 30k more at the $1.00 strike and well ... that's really not very well spread out. In thier defense, only the July 16 and Jan 21, 2022 Option Expiry dates have these ridiculous strikes so if there really wasn't a lot of other places to spread these turds out. 
+
+**Shotgun Weddings**
+
+After snorting a few more crayons and reconsidering what an 'irrational put' is defined as, the next most obvious place to look was ANY puts that are really cost-effective with high-implied volality. (i.e. fat chance in hell of hitting that strike price.)
+
+Of course, SHORT TERM put options!
+
+Perfect place to hide more turds. You can get them cheap cause of the greeks, very often less than ten cents for the contract! Yeah, they expire within days, but there is a solution to that: Let them. Buy more next week.
+
+Let's look at the irrational puts for the next couple of months option expiry and filter for *ten cent* put options with 200%+ Implied Volatility:
+
+Option Expiry |	10 cent puts, high IV
+:--|:--
+May 21 | *75,971*
+May 28 | 2,717
+Jun 4 | 1,036
+Jun 11 | 306
+Jun 18 | 1,948
+Jun 25 | 36
+Total | 82,014
+
+Boom! This Friday, nearly 76 thousand *worthless* puts expiring. Go look at the put option chain yourself [here](https://www.barchart.com/stocks/quotes/GME/options?expiration=2021-05-21-m&moneyness=allRows). Seriously, look at it. Does it make any sense? Dirt cheap puts with over 300% IV all the way up to a $80 strike. Who would buy an insane option like this? Anyone here think GME is going to drop by half in two days? Yeah, me either. 
+
+That's potentially another 8.2M shares short, bringing our calculated Short Interest up to 82.5M shares short or 172.8% Shorted of the float.
+
+How can we confirm they are rolling short-term puts as part of married put trades? We should know Monday, cause the total open interest for irrational puts needs to be maintained in order for them to continue under the pretense of using this as a *legal* means of naked short selling. And this is a ton of open interest that's gotta get rolled. The OI for next week is a mere 2,717 contracts so if we see massive amounts of irrational puts Monday, there you go.
+
+**Could the Short Interest be even higher?**
+
+ABSOLUTELY.
+
+This calculation does NOT include short shares created directly using legal Market Maker provisions and have not yet been covered (T+21) by that Market Maker. This calculation does NOT include legal short shares created using the re-borrowing method. (See 005 below.) This calculation does not include shares shorted via the ETF's. (62 [ETF's](https://www.etf.com/stock/GME) hold 10.5M GME shares and that undoubtedly all been shorted.)
+
+**Conclusion**
+
+Hedgies r fuk. They're digging an even deeper hole with every passing day. Every time I look at it there are more shorts. Naked shorts, everywhere. And I don't think we've found them all. There could be millions more hidden using 005 re-borrowing and millions more in rolling FTD's. I will not be surprised, if it turns out the real number was closer to 1,000% SI.
+
+I do believe they are limiting themselves to only *legal* mechanisms for shorting the stock. Otherwise we would *not* see all the evidence they have left behind, like open puts, FTD reports, 13F's, etc.  Which is probably a wise decision, when they get busted, none of them will actually go to jail.
+
+The rate the SI in increasing is clearly unsustainable. The DTCC needs to margin call them ASAP. Every day they delay increases the cost by ~21 thousand shares, or about $210 million a day if the moass geometric mean is $10k. *cough* or higher. ;)
+
+**Sources**
+
+[Citadel 13F - Fintel](https://fintel.io/i13f/citadel-advisors-llc/2021-03-31-0)
+
+[Original Post on Married Puts](https://www.reddit.com/r/GME/comments/mgj0j1/the_naked_shorting_scam_revealed_lending_of/)
+
+[DTC-005 Original Doc](https://zenodo.org/record/4718936/files/005%20-%20SEC%20SR-DTC-2021-005-2%20-%20submission%20of%20rule%20finding.pdf?download=1)
+
+[DTC-005 Analysis](https://www.reddit.com/r/GME/comments/mi8mo9/legal_interpretation_of_the_proposed_srdtc2021005/)
+
+[Share Borrowing Program](https://smithonstocks.com/part-7-illegal-naked-shorting-dtcc-continuous-net-settlement-and-stock-borrowing-programs-have-loopholes-that-facilitate-illegal-naked-shorting/)
+
+[Barchart Options](https://www.barchart.com/stocks/quotes/GME/options?expiration=2021-05-21-m&moneyness=allRows)
+
+[Stonk Tracker](https://gme.crazyawesomecompany.com)
+
+**Required** 
+
+🚀🚀🚀
+https://www.thetimes.co.uk/article/stamp-duty-holiday-to-help-rebuild-economy-2t0rhgphg
+
+Rishi Sunak has drawn up proposals to exempt most homebuyers from paying any stamp duty under plans to kick-start Britain’s economic recovery.
+
+The chancellor will reveal plans this week to lift the threshold at which people start paying stamp duty from £125,000 to as much as £500,000.
+
+The increase in the threshold, which is expected to be implemented in the autumn budget, is a temporary measure intended to stimulate the housing market. Mr Sunak will announce the plans on Wednesday as part of several measures to support the economy, including a temporary VAT cut for pubs, restaurants and cafés to help to protect 2.4 million jobs in the hospitality sector.
+
+He will also reveal plans to give companies £1,000 for each apprentice they take on and a multibillion-pound “green jobs” package as part of an attempt to avoid mass unemployment. A further £100 million will be invested in traineeships for young people to help them find work. Last night the government announced a £1.87 billion package of loans and grants for the arts sector to save theatres, museums, galleries and music venues from closure.
+
+Mr Sunak is increasingly concerned that young people will bear the brunt of the economic fallout from coronavirus and has said that he regards it as a matter of “social justice”.
+**All of a sudden lots of apes seem to have decided for themselves that the moass won’t happen because the 5th didn’t happen.**
+
+**And that’s really weird (and probably bullshit). Here’s why:**
+
+This was date rand(10,20) that turned out to be a dud. We are used to it by now. I for one like to be disappointed.
+
+Saying RC won’t do anything to kickstart the moass and only cares for GME customers is bullshit. The company and its chairman have a fiduciary obligation to act in the best interest of its shareholder. And that’s exactly what he said he would do at the last shareholders meeting.
+
+There is no set date for us. There is no set price for the moass. But it will happen. All the DD points to it. Will it go to 60 mil? I don’t think so. Then what price? No idea. I’m only going to sell on the way down and in my personal opinion I will have a pretty nice ROI.
+
+Oh, and saying that the longer this drags out, the less we can hurt the SHF’s… bullshit. The longer this lingers, the more painful it will be for them. More will be DRS’d. More shares will be bought by retail.
+
+And let’s say hypothetically the moass doesn’t happen. Then I have invested in a wonderful company with amazing growth potential. Imagine what would have happened if you would have invested in Apple 15 years ago. Or in Tesla a couple of years ago. Or in Amazon 15 years ago. We have invested in a stock which, in 10 years time, people will say “Oh if I’d only invested in GME 10 years ago.
+
+So quit your bitching, enjoy the ride to come. Wherever it may take us.
+
+**TLDR** GME is a great investment, with or without moass
+Alright so I've currently got no job, no income and no education besides an average high school degree.
+
+Although I have about 3 years of college experience in digital content creation, I haven't finished that study as I have been taught everything I already knew about creating content online, however they've never taught us any of the business side of being a self employed creator in a stil fairly new work field. So I've decided to start a business study in september and have been working mostly since last October. However it was always really hard to find any jobs that allowed me to work for more than 20 hours or less than 55. So I was either overworked all the time or just constantly stressing because I couldn't be paying all my bills on time with 20 hours/week on minimum wage.
+
+Now because of what's going on in the world currently I've been fired from my job along with about half of the employees working for said company and I've currently got no income, and with just about every job either telling me they'll consider my application once everything is back to normal or simply just ignoring my applications (which I suspect is because a lot of 16-21 year olds are applying for just about any job they can find currently as well, and seeing as I'm above that age bracket, they've legally got to pay me minimum wage of an adult now. I can't confirm if this is why I also get ignored from companies who are still open and looking for "essential workers"  or any other reason, but considering how many people under 25 are actually in need of a new job currently, it defenitely doesn't seem out of the question)
+
+In terms of finances, Ive had enough to pay rent for this month, which put me down to my last 20 euros currently with no clue on what to do. I've had to sell half of my pc parts to actually make rent, but nobody seems to want to buy the other half, which would only provide me with an extra 100-200 anyways, which just isn't enough for another month.
+
+My issue is, even if I'd be able to get hired anywhere today, I'd still have to wait an entire month for my salary, how do I make it to my next salary if I'd be able to find a job right now. And until that time, what can I do to get back on my feet. Anything I haven't though of that I could possible just, without needing to be hired anywhere that could possibly pay daily or weekly?  Literally anything that could get me out of my current situation would be great, I just have no clue on where to even begin
+Elon Musk sold nearly $7 billion worth of Tesla Inc. TSLA -2.44%▼ stock in recent days, regulatory disclosures show, just months after saying he wasn’t planning to sell additional shares in the company.
+
+Mr. Musk sold around 7.9 million shares between Friday and Tuesday, regulatory filings show.
+
+https://www.wsj.com/articles/elon-musk-sells-nearly-7-billion-worth-of-tesla-stock-11660096215?mod=breakingnews
+Keep it friendly and civil; this is not WSB and automod will censor your posts at will for unsavory and unfriendly remarks. Try to keep shit posting and bragging to a minimum.
+What's the best way to select the optimal expiration date when selling covered calls? I know intrinsic value is lowest and theta decay highest the closer you get to Expiration, but - my charts show that selling CC's expiring Friday every week (4x the premium every 30 days) is going to be more profitable than selling 1 call with 30 DTE.  What am I missing?
+Just out of curiousity, where are you guys that bring potential new tokens here getting your info from? I've been stalking this sub for a while and am amazed at the due diligence done on tokens that nobody has ever heard of. Just wondering how you all ID stuff before it hits Gecko
+Radio host 1 : “Cryptocurrency is getting popular again!”
+
+Radio host 2 : “Yes! Me and my wife always thought that cryptocurrency was good, but we’re not sure which one will take off”
+
+Bla bla bla bla 
+
+Radio host 1 : “The winning one should go through a federal reserve.”
+
+Me: Shuts off radio, bangs head on steering wheel.
+
+How does one say that out loud and not realise how idiotic that sounds?
+Edit: I have decided, based on the advice here and from other sources, that I will decline this offer.
+
+I'm going to explain this situation as fully as best as I am able. Also, I don't really understand the concept of shares or if this is a good deal or not.
+
+I used to work for a company in the US which writes software for tax professionals, across the US, to process tax returns as well as being a certified transmitter for the IRS.
+
+This company is not publicly traded.
+
+Last year they got an offer for $5m, which I was aware of at the time as I remember discussing with the CEO how he didn't think it was worth it because at the time their growth was exponential.
+
+In February of this year there was an issue with a bank they were working with which cost the company over $2m and a large percentage of their client base. This led to a large wave of layoffs and a lose of clientele. The company still exists and is currently reestablishing itself, this offer comes because they believe that in order to regain the growth they had before, they need my abilities.
+
+As such, they have offered me 4% of the company, at no cost to me, and no salary as they cannot afford me. The CEO was discussing with me yesterday that the shares have no so far produced any kind of dividend but that if he was to sell I would receive 4% of the sale price which, going off of the previous offer of $5m, would be $200k.
+
+Is this a viable offer or should I turn it down?
+Bought $1k worth exactly one year ago today, watched as my investment went up 22X. Didn't sell, rationalized it as "eh you dont wanna pay short  term capital gains tax, might as well wait at least one year, itll be even higher by then" Oh boy was I wrong. bought more between february-now, currently down over 50% on my 10k investment. It hurts.
+If the United States changed from fiat back to the gold standard, what changes could we expect in global trade and commerce? How would such a move affect the Euro and the GBP? What would happen to countries whose currencies were pegged to the dollar?
+I started working for the NHS in 2017 and was auto enrolled in the pension scheme. Recently I've started looking into it more, and found out that the pension is linked to state pension age, meaning that I will be at least 68 before I can get it (but it's likely I'll be older).
+
+I've always been told that the NHS pension is the best out there. However, I was told this by people who were able to access their pensions at the age of 50. Now that I will have to wait at least an extra 18 years, I don't know if it's worth it anymore. I don't know if I'll physically be able to keep working until I'm almost 70, but I'll have no choice because I won't have any state pension or private pension to fall back on. 
+
+Is it really worth paying into the NHS pension anymore? If not, what are the other options out there? Feeling quite disheartened at the moment that I'm probably gonna go straight from working all my life in the NHS to being wheeled into a nursing home with no real retirement to enjoy in between.
+​
+
+https://preview.redd.it/3nix814u8c961.jpg?width=628&format=pjpg&auto=webp&s=f282c0f56900dfe9e318906cfff2c78c0c5e9fde
+
+Let's face it. Canadian real estate is by any standards unaffordable for a median household income and as a consequence even what's statistically considered a high household income struggles to afford a simple house (considering that high incomes are usually concentrated in high cost of living areas, where the housing market is even crazier).
+
+Here comes the problem. Human beings are not really good to remember or analyze the past, and we started to accept this situation as "normal". Canadians still want to own a home (and it's understandable, no one likes having a landlord, and the feeling of owning it's something more than a simple financial decision) and I heard the weirdest justification for a lifetime in debt. 
+
+In particular:
+
+* having high levels of debt has been "normalized". Due to this new normal, people don't think anymore whether they can afford the house, but only if it fits in the monthly budget. This is a dangerous slippery slope; when you think in terms of the monthly budget, you end up purchasing things you can't afford.
+* when it comes to huge mortgages, everyone seems to justify a life in debit with "alternative investments" and "low cost of money". It's impressive how the average Joe, with a 9-5 job and no time nor skills to understand its risk exposure, is convinced that being overleveraged in his primary home somehow allows him to achieve greater returns and lower the risk (something that is mathematically impossible, but still). 
+
+I have seen housing bubbles before in other countries, and here is my view on this problem. All the above non-sense justifications (lifelong debts, cost of money, alternative investments...) seem to empirically make sense until real estate prices surge +10% yearly, and on paper, people increase their net worth.
+
+Now, housing prices/income ratios can only grow until a certain point. We are soon going to reach the need for intergenerational mortgages. Whatever is going to happen, prices can't grow at 10% yearly for much longer. At this point in time, the lifestyle and social class you belong to in Canada doesn't depend on your job/income anymore, but whether you are a homeowner (fully paid) or not.
+
+**I want to hear your opinion on what is going to happen next.** Canada is surely in a particular spot due to immigration, which accounts for most of the population growth and it's very welcomed by landlords. However, there are also limits to the rent immigrants are able to pay, and you still have a generation of younger Canadians that didn't necessarily inherit a home.
+or dentists, etc. have a few operations coming up.
+
+Just Google searching is chock full of sponsored content / well SEO-d results. Honestly a lot of it looks shady, Saul Goodman type ads. How do you all go about finding a real expert, when you are comfortable dropping the cash to do it?
+
+31, $8M NW
+I've held Ether since before the fork and I plan to hold for a while longer. I have a more philosophical question around long term holding and when to determine to sell. I hold over 100 ETH purchased well below the current spot price. 
+
+Personally, I got involved in cryptocurrencies for your typical BTC reasons (distrust of government, fiat etc). Assuming Ethereum does revolutionize the way the web works, would it **ever** make sense to sell?
+
+If ETH and other altcurrencies are the currency in which this new economy operates, why would it ever make sense to sell for fiat? Why would it ever make sense to cash out or even buy goods and services with ETH if the price is highly likely to increase?
+
+Example: I attend a weekly meetup here in Austin hosted by Factom and one of the founders bought a Tshirt for 20 BTC in the early days of bitcoin. 8 years later, I'm sure it's a regrettable transaction.
+
+The implications of blockchain are huge and I'm not convinced it makes sense to ever cash in for fiat in the next few years. I have no plans to sell my ETH in the next year or 2 but I'd like to get the thoughts of anyone else who has been wrestling with this question.
+
+thanks. Love this subreddit and hope it continues to be a positive and informative community as ETH grows. 
+Do you guys consider that the M2M use case for IOTA will likely come to fruition?
+
+I struggle with IOTA like no other coin. Usually I can simply accept whether or not I want to invest in a coin, but with IOTA I just cannot get off the fence.
+
+I appreciate that IOTA is really interesting technology that solves a lot of problems with blockchain. There is no issue there. The network itself has value. However, most of the interesting third party development work I have seen on IOTA does not require the IOTA token at all. The digital twin stuff, for instance, can exist quite happily without a means of value transfer.
+
+Some of the examples I have seen of M2M payments are difficult to credit. For instance, one suggestion I have seen is that my fridge will order me more milk when I run out. I sincerely doubt my fridge is going to have its own wallet to make orders. If my fridge orders anything at all, the connected store would simply charge my card once my shopping basket is large enough to make delivery economical.
+
+The most compelling use case I have seen so far is for companies buying sensor data from other companies. However, if a company wants to buy sensor data from another company, it would just record all that information on the tangle then settle via fiat currency. Why would you want to accept micro-transactions in an extremely volatile asset when you could just use fiat, which is what you want anyway? The volatility might eradicate any savings you could have made from not having to pay transaction fees. Also, the movement back into fiat is going to have associated transaction fees, so at some point you're going to be paying fees. You may as well just bulk buy data.
+
+Does anyone have any compelling arguments regarding the value proposition of IOTA tokens? Why would I want to use them for M2M payments?
+24F. I’m so frustrated. I realized I didn’t want to pursue my intended career at 23. I planned meticulously, moved to a cheaper state, and worked hard. I had my own apt. I was saving money. Covid hit, and my life went upside down. I see all these finance apps showing savings of 50k, 90k, whatever and I’m starting to feel like I can just never get there. Please be realistic with me. I don’t have a fucking clue how I’m supposed to own a house or retire or anything. It feels like I’ll always be struggling. I came from strugglers (maybe moreso self sabotagers) and while I don’t repeat their mistakes it feels like I have nothing to look forward to financially. I couldn’t even pay towards my very reasonable student loan debt making 40k, and I lost that job to the virus and now I barely clear 25k.
+
+Edit: Ah, the classic “I went to sleep and woke up to all this!”  Thank you very much for the awards. I will read all of your comments, I wish I could reply to them but it got locked. Please know I appreciate you all. I was feeling messed up last night and I awoke to lots of comfort.
+MEGATHREAD for all and any posting about AMC. Keep it civil and cheers to everyone hopefully squeezing the shorts 🚀🚀🚀
+
+Edit: Other short squeeze plays welcome to be posted as well 🚀
+No coiner here. Happy to stay poor. Or change my mind.
+
+Are you folk aware of the absurdities creeping into crypto? Where do you draw the line? I mean look at Doge: if that can ‘moon’ to >20 cents and stay there as long as it has, what does that say about all the intellectual and sophisticated projects? What is the point?
+
+What criteria are YOU going to use to say ‘I am investing wisely?’
+
+Saw the AMA on VeChain or VeToken or VeCoin or Ve Thor or whatever it’s called. I’m sure the founders and devs are earnest and mean well. Yet to a critical outsider, I’m sorry, it’s just Hopium. Gobbledegook. IoT, 5G, ‘DeFi. Etc. Only one practical application appealed to me: issuing COVID vaccination ‘passports’ in Malta. Even then, why does this need a blockchain? It’s over engineering, or what am I missing.
+
+You folk here need to avoid the echo chamber effect. You need to be able to absorb challenge.
+
+Right now, crypto seems to me to be getting crazier and more unhinged every day. Yes, there is limited adoption of Bitcoin in particular, but there is an exponential explosion of sheer garbage.
+
+Explain to me how this is not worrying.
+
+Edit: Now have 21.88 Moons! Cool. Had to download the app. Hate apps: always seem worse than the main site and everyone pushes and pushes to ‘download our app’. Grumpy boomer...
+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?
+This latest jobs report is only more fuel on the fire that's going to force the FED to keep hiking rates far into the future.
+
+\*IF\* at some point, they feel they've hiked enough, they will probably leave them wherever they ended their tightening cycle, for quite a while.  
+
+Until everyone is thoroughly depressed about the markets and the economy, rates are NOT getting cut.  The Fed has to completely kill inflation expectations, not just lower the rate a bit.
+
+Bottom Line, we'll have higher rates for some time.
+I own this stock and obviously bullish on both the macro and the micro fundamentals. 
+The price of Copper and Gold have been on an absolute blast. Copper has had its best quarter in about a decade and gold is testing $1800, which the last time was seen was in 2011, and also happened to be the all time highs that gold ever reached. Many are looking to gold and precious metals as a way to invest and leverage themselves on the upcoming precious metals and commodity bull market.
+The case for gold and copper is quite simple. People turn to gold during times of uncertainty as a way to hedge the devaluation of currency. With COVID19 and end endless printing of money by central banks around the world, it is easy to see why people want to own gold and invest in companies who are producing/mining gold. Demand is incredible strong for gold right now. As for copper, the global electrification is happening rapidly. Electric vehicles require 3.5x more copper than internal combustion engines; and energy production from sources like wind and solar use 5x more copper than fossil fuel sources. With all the built up demand, supply just isn’t keeping up AND mined copper grades are falling drastically. A simple Google search with words such as “copper deficit” or “copper grade decline”, will pull up dozens of articles with similar numbers and charts, ALL explaining this same thesis (here is one example: https://oilprice.com/Metals/Commodities/This-Key-Battery-Metal-Is-Set-To-Soar-By-250.html)
+
+So why do I think Rock Ridge Resources has multi bagger potential? Well, the market cap is very attractive at just over $6 million, this makes it a low risk entry.ROCK  just completed a private placement with strategic investor Palisade Gold to bring the cash position to almost $2 million. Fraser Institute ranks both Saskatchewan and Ontariotop quarter of all mining jurisdictions in the world. Both their copper (Knife Lake) and gold (Raney Gold) projects are very close to infrastructure. This is very important because the cost of exploring can get very expensive when drill rigs need to be transported to a remote location. These locations can cost $300-400 per meter and even higher. The holes that ROCK just completed had an all-in cost of $165CAD. Basically they are getting 2-3 meters of drilling for the cost that many of these remote explorers pay. Take BC’s Golden Triangle for example, many explorers are seeing their drill costs OVER $480/meter.
+Knife Lake copper project is a huge 85,000ha, district scale, property. ROCK completed a 43-101 resource which consists of 3.8MT @ 1.02% CuEq (Indicated) and 7.9MT @.67% CuEq (Inferred). These are excellent grades! Compare these to the average globally mined copper grade – “At present, the global average copper ore grades for copper mines is approximately 0.62% of Cu content and this number is expected to decrease as mines with higher ore grades become exhausted” (https://www.mdpi.com/2079-9276/5/4/36/htm). The world desperately needs more copper and at higher grades! ROCK fits this need
+The Raney Gold project which is located in Ontario and in the world class Abitibi Greenstone Belt just completed their first round of drilling. The highlight hole was RN 20-06 which intercepted 28.0 g/t Au over 6 meters and under 100m from surface. On July 15th, ROCK announced their summer drilling program which will consist of drone magnetometer survey, detailed prospecting and mapping, and a geochemical orientation survey, and then of course a nice drill program. ROCK believes the strike of this deposit could extend up to 2KM, and this summer program will help the company prove this out.
+
+With all the work going on, there will be a lot of news-flow and many catalysts. At a tiny $6mm market cap with a HUGE copper property, and the work being done on their gold property, make ROCK a very attractive company to own in both your precious metals and base metals portfolio. Add in the greatest commodity and precious metal bull market in over a decade and we are set to capitalize on multi bagger potential. Both the macro and the micro are working in ROCK’s favour.
+Guten Tag to this global band of Apes! 👋🦍
+
+Some might question my sanity for getting this excited about the 11% drop yesterday, but they'd be forgetting that I *love* dips, and this particular dip will be getting a large chunk of my last paycheck. If you're not equally jacked, please take a seat and let me tell you a story.
+
+Obviously, the biggest news of the day yesterday came from Facebook missing their earnings, plunging nearly 25% in after-hours trading. Facebook has frequently been named among the primary assets that many of the Institutional Shorts have long positions on, and having some of their most reliable collateral vanish overnight is sure to make avoiding a margin call difficult for them. Also crashing yesterday were PayPal, SnapChat, Square, Shopify, Pinterest, Spotify, and Roku. Combined with Tesla and Netflix having particularly bad starts to 2022, there is no wonder that they needed to attack the price of GME down by borrowing over 1.1m shares to short.
+
+Additionally, the SEC is conducting a closed-door meeting today that looks like someone is going to be getting some bad news. Twitter is showing some suspicious behavior, suppressing tweets and banning accounts that make some of the 'financial establishment' people uncomfortable. The borrow rate has been ticking up, various indicators are showing bullish signs, and Apes continue to HODL with Diamantenhände and DRS shares to safety.
+
+There are many small threads to this story, each unique and interesting in itself. When woven together they are starting to form a tapestry that looks vaguely like a MOASS.
+
+Today is Thursday, February 3rd, 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: **$98.33 / 86,84 €**  *(volume: 1869)*
+- 🟥 115 minutes in: $98.42 / 86,92 €  *(volume: 1849)*
+- 🟥 110 minutes in: $98.44 / 86,94 €  *(volume: 1790)*
+- 🟥 105 minutes in: $98.46 / 86,96 €  *(volume: 1743)*
+- 🟩 100 minutes in: $98.59 / 87,07 €  *(volume: 1562)*
+- 🟥 95 minutes in: $98.38 / 86,88 €  *(volume: 1508)*
+- 🟥 90 minutes in: $98.59 / 87,07 €  *(volume: 1506)*
+- 🟥 85 minutes in: $98.60 / 87,07 €  *(volume: 1433)*
+- 🟥 80 minutes in: $98.62 / 87,09 €  *(volume: 1370)*
+- 🟩 75 minutes in: $98.70 / 87,17 €  *(volume: 1251)*
+- 🟥 70 minutes in: $98.40 / 86,91 €  *(volume: 1206)*
+- 🟩 65 minutes in: $99.04 / 87,47 €  *(volume: 1170)*
+- 🟩 60 minutes in: $98.22 / 86,74 €  *(volume: 1117)*
+- ⬜ 55 minutes in: $98.20 / 86,73 €  *(volume: 1047)*
+- 🟥 50 minutes in: $98.20 / 86,73 €  *(volume: 934)*
+- ⬜ 45 minutes in: $98.25 / 86,77 €  *(volume: 642)*
+- ⬜ 40 minutes in: $98.25 / 86,77 €  *(volume: 637)*
+- 🟩 35 minutes in: $98.25 / 86,77 €  *(volume: 585)*
+- 🟥 30 minutes in: $98.23 / 86,75 €  *(volume: 527)*
+- 🟥 25 minutes in: $98.25 / 86,77 €  *(volume: 521)*
+- 🟥 20 minutes in: $98.27 / 86,79 €  *(volume: 482)*
+- 🟩 15 minutes in: $98.29 / 86,81 €  *(volume: 382)*
+- 🟥 10 minutes in: $98.26 / 86,78 €  *(volume: 310)*
+- 🟩 5 minutes in: $98.27 / 86,78 €  *(volume: 297)*
+- 🟥 0 minutes in: $98.23 / 86,75 €  *(volume: 271)*
+- 🟥 US close price: $100.04 / 88,35 €   *($97.75 / 86,33 € after-hours)*
+
+
+***
+FAQ: I'm capturing current price and volume data from German exchanges and converting to USD. Today's euro -> USD conversion ratio is 1.1323. 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!
+My family paid the deposit for a cabin on a carnival cruise ship. Somehow they took our deposit but didn't recieve our email. When they sent the reminders out to pay the remaining balance they did not contact us (because of the lost email address). Without us knowing they cancelled our cabin. When we thought it was getting close towards the sail date we contacted them asking when we should pay the final balance. That's when they told us about the cancellation. They informed us that the ship was fully booked an that we would need to wait for a cancellation and pay FULL PRICE on that cabin that became available (cabins are priced differently). Luckily we received news of a cancellation, but that cabin would cost us an extra £1.5k. Because of our pre arranged flights and hotel (UK resident, sailing from Barcelona) we had to pay it or lose out on more money.
+We sail in a few weeks time.
+
+Is there anything we can do to combat this? Please help. 
+I think it's important that we, as traders in the Ethereum space, keep an eye on the competition. With that in mind, I'd like to put together a definitive list of projects we are aware of that are attempting to, in some way, directly compete with Ethereum. By definition, I'm not talking about tokens built on Ethereum (e.g. Golem). Of course, all of these are debatable, and none of them are doing the exact same thing as Eth. That doesn't mean they haven't got SOME PART of Ethereum's value proposition in their crosshairs.
+
+QTUM: https://qtum.org/en/
+Ripple: https://ripple.com/
+BOSCoin: https://boscoin.io/en/home/
+Tezos: https://www.tezos.com/
+Rootstock: http://www.rsk.co/
+Cosmos: https://cosmos.network/
+
+What am I missing?
+I've seen some people float the idea around here like it's an actual good possibility of ETH reaching a price of $1,000 but it seems pretty far fetched to me. 
+
+Bitcoin has a market cap of ~18.5 billion. If ETH hit the same cap, the price of ETH would be just barely over $200. In order for ETH to reach a price of $1000, ETH would have to gain 5x the market cap beyond that. We're talking ~100 billion. The current market cap of all coins is estimated at roughly ~27 billion. ETH would require a massive implementation very beyond what bitcoin already is to get this.  
+
+I can see the possibility of ETH matching bitcoin in the relative near future (1-2 years). But beyond that with $1,000 in the eye sight, I can't imagine it being possible any time soon, maybe it'll change in 5-10 years. 
+
+Thoughts? 
+So, I gave my younger sister 30 ETH, 3 years ago. I was helping her set up a wallet through chat on myetherwallet.com. I made her set up the wallet, log in and out again multiple times before I sent her the ETH. I sent her the ETH, and made her log back in to confirm she could get into it.
+
+Fast forward 3 years, and she forgot the fucking password (Apparently, it was my fault because I didn't emphasize how important this was!!! UGH!). 
+
+Well, we have the .json file and the private key but no password. Is there anyway to get in there? I was reading about writing a list of possible passwords in a .txt file and brute forcing it but I have no experience in this. Thoughts?
+Just food for thought: Every year before/during Devcon the price shoots up, a simple correlation but a very strong one. These lows will not last and while the cryptocurrency market has been **GUSHING BLOOD**, in 12 months it'll be a distant memory in a sea of green. 
+
+My point is; I bet my entire portfolio that by Devcon 2018 we'll be fine. 
+
+Random Sidenote: You should stop downvoting every post mentioning selling, this sub is eth**trader**, selling and buying lower would have been very smart this month.
+So I’m a retard who just buys random things after doing zero research. I bought a fuck ton of eth recently. Anyone have some fancy technicals or comforting dd so I can buy the dip? Or will it keep tanking? I’m all for having diamond hands I just want some friendly guidance :).
+I read the post here a few days ago of someone losing 254 ETH. 
+
+This time, I was on the Storj Community channel, waiting for their token sale. 
+
+I had waited in all day for this. I had bought Eth especially. I had my Trezor wallet open, and I was waiting for the address. I believed in the fundamentals of Storj, so this was going to be a long-term hold for me. 
+
+Then, at the exact time of the token sale, [this happened](https://www.dropbox.com/s/ucheysbuftnm9dq/Screenshot%202017-05-19%2016.33.50.png?dl=0). 
+
+The bot went on for a few minutes. It looked official. The Storj website didn't load properly. I thought the ICO would only last a few minutes. So I confirmed the transaction. 
+
+I went back to the channel, and the channel had been made read only by the admins. I then read messages saying not to send to the Storj.bot address. I panicked. I got cold sweats. Fuck. 
+
+Luckily, [only 3 of us](https://etherscan.io/address/0x831201ee88fdd53b25c5e1d5cfbc222c319d4330) got caught up in the scam. I really can't believe I was so stupid. 
+
+I've contacted Storj, hopefully they can sort something out. I
+
+TLDR: Avoid Slack channels during ICOs if you get FOMO anxiety. 
+Tesla's exclusion from the S&P 500 index on Friday was a surprise to many, given that the mega-cap electric-vehicle manufacturer ticked off all the eligibility requirements.
+
+Tesla on Tuesday fell 21% from Friday's close as investors digested the S&P 500 exclusion amid a tech-heavy market sell-off.
+
+But the S&P Dow Jones Indices index committee's decision to exclude Tesla despite its eligibility for inclusion was a "brave" one, DataTrek cofounder Nicholas Colas said in a note on Wednesday.
+
+The decision by the committee could "only have come from a collective and committed view that Tesla is profoundly overvalued," Colas said.
+
+Tesla traded at a trailing 12-month price-earnings multiple of 913x on Wednesday, according to data from YCharts.com. The S&P 500 traded at a trailing 12-month price-earnings multiple of 21.7x, according to JPMorgan.
+
+In addition to a steep valuation, the committee likely thinks Tesla "sits on shakier fundamentals" than its August 31 market capitalization of $465.2 billion may indicate, DataTrek said.
+
+That might refer to the fact that much of the profit Tesla has recorded over the past few quarters derives from the sale of green EV regulatory credits to other carmakers that don't meet the mandated annual EV production quota, and not from Tesla's main business of building and selling cars and solar panels.
+
+Tesla will remain eligible for inclusion in the S&P 500 index if it continues to stay profitable in future quarters.
+
+Instead of Tesla, the committee added Etsy, Teradyne, and Catalent to the S&P 500 index.
+
+https://www.businessinsider.com/tesla-stock-sp500-exclusion-index-overvalued-profoundly-datatrek-committee-why-2020-9
+Just seen this on the MoneySavingExpert email:
+
+>LISAs are designed for first-time buyers buying a qualifying property or those saving until age 60+. Normally to take the money out for any other purpose you pay an effective penalty of 6.25%. Yet, due to Covid, this is waived until 5 Apr, though in practice many need to start the withdrawal by TOMORROW (Thu) \[today!!!!!\] to beat the deadline. So if that's you, go quick. Full help in [beat LISA withdrawal penalties](https://www.moneysavingexpert.com/savings/lifetime-isas/?utm_source=MSE_Newsletter&utm_medium=email&utm_term=23-Mar-21-50670880-29013&source=CRM-MSETIP-50670880&utm_campaign=nt-hiya&utm_content=23#tip4).
+
+Posting it here in case it is useful to anyone as the "TOMORROW" is actually today!
+I have been a simple index investor for around 6 years and it has been a fun ride so far...
+
+However, to be brutally honest, I still don't *really* understand what a stock is...
+
+For example, when a company does an IPO they sell small pieces of the company as shares to raise capital, which they use to build their company further. Once they have done this, they don't get any more actual cash from investors unless they do a secondary offering.
+
+So when the shares that were bought at the IPO are traded over and over, the company gets no benefit from this, or cash thereafter... so what makes this whole thing attractive to investors, really?
+
+I get that companies are worth more as they grow their profits, but why are stocks worth what they are worth? I get that if you bought the entire IPO, you could probably sit at the director level in that company and have a say, but shares at a millionth of a %, I am not sure I get it! Maybe I have just answered my own question by trying to explain it...  with enough shares accumulated, that has a genuine claim to the company assets?
+
+I am not sure if I am explaining myself properly!  :/
+Hi,
+
+I am a fan of cybersecurity and cryptocurrencies as a whole.
+
+I invested quite heavily into the Bitcoin ETP (BTCE) back in November 2020 and now it is in close mode. But I am happy with what I have and have not sold any of it away.
+
+My question is, what Bitcoin and Ethereum related stocks are there to buy? So far the only two good ones I know are:
+
+* Argo Blockchain PLC (ARB)
+* Bitcoin ETP (BTCE) - Although you can no longer buy it!
+
+Also, is now still a good time to buy Bitcoin and Ethereum directly?
+
+Thanks!
+With all the talk of bond yields increasing, I've started to look into investing in corporate bonds.
+
+I've come across this Bond issued by BAT (British American Tobacco) with a coupon of 6% a year, and maturity of 2034 (12 years from now). Currently the market price is £82  (HL spread is rather big on this bond setting the bid price at £85) but I've seen I can buy it on Interactive brokers at £82 (so sticking with this price for calculation purposes.
+
+I've worked it out to that over 12 years I'd receive a payment of £6 per year, with a final payment of the full coupon value of £100 on the 12th year.
+
+Overall I would achieve a return of 145% over 12 years, if the coupon payment is reinvested each time it was paid (assuming a 6% yield each year) - see full calcs below:
+
+​
+
+|Price|£82.00||
+|:-|:-|:-|
+|coupon %|6%|£6|
+|Face value of bond|£100||
+|Current yield on market price:|7%||
+|Time to maturity|12 years||
+||||
+|Total Coupon Payments =|£72.00||
+|interest made on reinvestment of coupon payment (assumed 6%pa)|£29.22||
+|Face value profit paid at end of maturity|£18.00||
+|**TOTAL:**|**£119.22**||
+||||
+|Total yield|145.4%||
+|Annual yield =|12.1% pa||
+||||
+
+Can anyone see any flaws in these calculations and any advice on doing this? currently the only downside is they go bust...
+
+link to bond: [https://www.hl.co.uk/shares/shares-search-results/b/b.a.t.-6-nt-redeem-24112034-gbp-50000](https://www.hl.co.uk/shares/shares-search-results/b/b.a.t.-6-nt-redeem-24112034-gbp-50000)
+
+I note that Hargreaves requires a minimum £50k investment for this, but this is fine.
+
+thanks!
+Hi Guys,
+
+I'm currently only invested in the Vanguard Global All Cap, been adding £500 monthly for the last year and a bit. Feel like I've missed out seeing some of the returns from various Baillie Gifford and similar funds over the past year.
+
+I am looking at adding 2/3 active funds over the next month or so -setting up a regular monthly deposit. Looking at some of some of the tech focused funds being heavily weighted by companies at all time highs feels like the not the best value/potential tbh... 
+
+I'm interested if anyone has funds they are bullish over looking forward? Personally been trying to find something within emerging markets or a BG positive change
+
+Cheers,
+Hey.
+
+Just wanted to broach the topic of FI when in relationships with parties who are (as of yet) not interested.
+
+Whether you're a lurker or a poster, I'm sure you've seen countless *"Help, my spouse is really fucking not on board"* threads on r/financialindependence and its sister subs.  While there's always some amazing thoughts on how to approach the *"but we have to live our lives!"*-spouse... you also see just a *metric shit ton* of "Dump her/him,"-s and "Yeah, it's over buddy,"-s. 
+
+**I'm just here for a hot second to say (only to those of you who actually kinda like your non-FI spouse): There is hope.**
+
+Don't get me wrong, maybe some of you are in relationships with [princesses](https://www.youtube.com/watch?v=tBpTR7vDYVw) and [princes](https://www.youtube.com/watch?v=4RLW3QkKjmM) and their shocking extravagance vs. your frugal practicality may spell inevitable doom--- BUT there are a good handful of us financial fuckups who *are* actually redeemable.
+
+I say this from experience. By 28, out of nothing but ignorance and stupidity, I'd wracked up $30k of (unnecessary, lifestyle) student loans, and had my credit cards on a never-ending $5-10k rollercoaster of pointless debt. I saved nothing. I didn't budget. I didn't even know where my money went. Total Credit Card Dumbass (see username).
+
+**For those of you who have spouses pulling the same shit, know that... all they really need is for that light in their head to turn on. The problem is: the switch is different for everyone, and finding it is tricky.**
+
+Not everyone is swayed or interested in the math argument, the timelines are often so distant they seem hopeless. Frugality/stoicism-lifestyle is rarely the best first-approach. To them, it sounds like: "Hey baby, wanna give up everything you love doing? Let's do this. (☞ﾟ∀ﾟ)☞"   (Spouse be like: "Motherfucker, wat. ಠ_ಠ")
+
+However, despite being a CCD (credit card dumbass™) I wasn't actually an immediate lost cause. By 30, I embraced FI and in one year, our (*cough* my) $30k in debt had turned into $20k in the black, with no sign of slowing down.
+
+For those curious: my personal "switch" was Dave Ramsey. Him asking the rhetorical, "how much money would you have if you had zero payments?" question spurred me to kill the debt. For financial independence, "What would your life look like if working was a *choice,* and you could do what you wanted with your time?" is what lit the fires of my imagination and got me excited to save money towards FI.
+
+Now-- I found FI first. But I was lucky. My husband's switches were the same as mine. He was swayed and inspired by the logic on this sub-- I didn't force it on him, or even talk to him about FI at first. I was fortunate that Dave Ramsey's [rants of logic](https://www.youtube.com/watch?v=rh6qxpP8nxE&list=PLN4yoAI6teRMSdvmEvkP1_IzKscUIWWCI&index=4) had already flipped his debt switch. Having always had high-stress jobs, the FI concept of not *needing* to work flipped that switch for him.
+
+
+***********************
+
+**TL;DR:** If you weren't born frugal AF, please don't forget to share with others what moment, thought, book, blog, podcast, post or person it was that flipped your "switch" before writing your "the-end-is-nigh-just-dump-em!" comment.
+ 
+And for those of you doing the convincing... you never know what your spouse will be inspired by. Don't get angry immediately if they don't get on board right away. Try some wildly different approaches, especially ones that might never have worked on you. They may get there. 
+
+(Obligatory disclaimer: Know when to draw the line and say goodbye if you're with a prince/princess. Don't let a relationship sink your entire financial future.)
+
+**The real ‘Wolf of Wall Street’ has some thoughts about the stock market:** 
+
+>"It's the most expensive 'free trade' you can have," says Belfort. "I saw a marketing demo from one of the big 'free trades' players advertising how they were 'helping the little guy,' and they're hand in hand with the big guys. It was like a betrayal of trust." He says that market makers pay so much for order flow because it gives them an exclusive window into where the market is moving. When firms see tons of orders coming in for Tesla, they can purchase shares for their own account, pushing up the EV-maker's prices for their clients when the next flood of orders arrives. "Order flow is everything," he says. "It tells you where the market is going next. It gives the high-frequency market makers a crystal ball and puts the small investor at a big information disadvantage. Seeing all that order flow gives a market maker information that the public doesn't have."..In his example, if the market maker buys XYZ at $50.01 and sells at $50.09, it makes a fat, 8¢ spread. But if the firm "worked the order" by seeking buyers willing to pay a bit more, it could purchase for on behalf of its client at $50.05, and sell at $50.06. The seller gets 4¢ more, the buyer gets 3¢ off, and the trade costs the little guy just 1¢ instead of 8¢. "Traders' compensation depends on marking up trades and keeping wide spreads," he says. "You'd have to be Mother Teresa not to fall for that temptation."
+
+[How Robinhood (and the other brokerages that have followed them) Make Money on Trades Despite Taking No Commissions](https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on-customer-trades-despite-making-it-free.html)
+
+What is Payment for Order Flow? [Investopedia Article](https://www.investopedia.com/terms/p/paymentoforderflow.asp)
+
+>..payment for order flow is a practice pioneered by [Bernard Madoff](https://www.investopedia.com/terms/b/bernard-madoff.asp)—the same Madoff of Ponzi scheme notoriety.The Securities and Exchange Commission (SEC) said, in a [special study](https://www.sec.gov/news/studies/ordpay.htm) on PFOF published in December 2000, “Payment for order flow is a method of transferring some of the trading profits from market making to the brokers that route customer orders to specialists for execution.” Payment for order flow (PFOF) is the compensation a broker receives for routing trades for trade execution.
+
+[Payment for Order Flow is banned in the UK](https://www.cfainstitute.org/en/advocacy/policy-positions/payment-for-order-flow-in-the-united-kingdom)
+
+[Payment for Order Flow is also not permitted in Canada](https://www.gbm.scotiabank.com/content/dam/gbm/market-insights/etf/october/2019-10-02-Free-Trading.pdf)
+Hi guys, I’d like a bit of advice.
+
+I started investing around January and have read the following books:
+The little book that beats the market
+One up on Wall Street
+Warren buffets interpretations..
+The intelligent investor (Its a lot to read) 
+And unshakeable.
+
+I’ve kind of hit a wall in regards to progressing, could anybody give me a tip on other books to read/ websites/ Reddit pages/ YouTube channels etc?
+And Should I learn to read technicals?
+
+Thank you!
+Nike :
+
+Mkt. cap = $217 Billion
+
+Revenue = $37.4 Billion (2019)
+
+
+
+Under armour :
+
+Mkt. cap = $10 Billion
+
+Revenue = $5.3 Billion (2019)
+
+
+
+
+Can someone explain this?
+Cheers guys.
+
+Edit : For all the people getting frustrated, I’m still learning. I hope this is a place where stupid questions are welcomed and well answered to allow my knowledge to develop.
+My parents were never into being financially stable. I am pretty new to real estate so excuse me please if my question is too stupid. 
+If I buy a house now with high mortgage rates, will the mortgage rate in my house go down naturally once the mortgage rate  in the market goes down
+My parents live in a suburb of Chicago and, until recently, both worked full time without any plans for retirement. To my knowledge there just hasn't been enough money to save for that, they just expected to keep working and make ends meet. 
+
+My husband and I (both early 30's) live in Indianapolis. Not wealthy, but enough to have savings of our own and we bought a house two years ago. We also both work full time.
+
+With the news today that my father lost his job, I don't know how they will manage. I am helping make payments on my brother's school loans, as well as giving money to my parents when things got tight (car repairs, water heater replacement, etc.). 
+I'm worried about their wellbeing, if they can continue paying their mortgage, if anyone will even consider hiring a man in his late 60's. I'm also nervous about becoming a supporter of my parents, when my husband and I have just started talking about kids of our own.
+I'm going to visit them this weekend. How can I best prepare to talk to them about finances? What do I need to consider to help make sure we all stay secure financially? 
+
+Sorry a bit rambling, but a lot has been running through my mind today with this news.
+
+TLDR: Father lost his full time job that both my parents depended on to make ends meet. How can I prepare to help them if needed, but also make sure husband and I stay stable?
+
+EDIT: I'm not paying my brothers bills, sorry I made that unclear. My parents took out a loan for him under their name, and that's what I help with. I paid off my student loans two years ago, so helping with theirs didn't change my budget I had originally set. Just moved the payments to my parents.
+
+EDIT2: thank you all so much!! My parents have done/ do so much for everyone else in our community, and I don't want them to feel alone. This is some great information that helped calm my fears some, and a lot I can talk to them about.
+We are going to have our first kid soon, and we are thinking about finances/maternity/paternity.  I get 12 weeks of paternity with full salary paid.  However, the end of year bonus does not reflect that time (ie I would get about 75% of my ordinary bonus).  Usually my bonus is about 100-130k+, split between cash and stock, so I'd be losing 25-33k by taking paternity.  The average nanny salary in our area just looking online seems to be 55k/year, meaning 14k for those 3 months.
+
+So given that it might financially be better to work, does bonding time with a baby during that time trump the savings?  I was under the impression that at that age they pretty much eat/sleep/potty, so maybe being wfh and being there at night is enough?  Or maybe just having time away from work is good so that work quality isn't ruined as much by lack of sleep?
+
+
+Edit: Thanks for all the thoughts everyone, really appreciate the perspective.  I think I am going to take the full thing.
+Currently looking into buying some Riocan (at hopefully $15, if it reaches that this week) for mid-term hold and maybe some NUMI depending on how much it opens at and if it has a pullback. Also thinking of buying ESE (entertainment) sometime this week when the price goes down a bit more. CVX (raw materials) seems like a no-brainer to buy right now as well due to price, growth trajectory and new CEO (which could be a good but also bad thing?)
+
+What is on you guys' radar and why?
+With inflation taking hold I am a believer that interest rates will rise sharply and give the economy some pain to settle things down. I am curious to hear from those who invested through higher (5% or higher) interest rate environments. Which kind of companies did well? Banks? Commodities? 
+
+Also important, who did poorly or was hurt by higher rates here in Canada?
+
+Edit: I have been corrected that the initiation of higher interest rates were in the 80s. My question still stands for this time frame
+I’m having 6 trees taken down (all 20m+) in around a months time with the option of having the wood taken away or sectioned up to be stored and I’m therefore considering how cost effective it would be to store it to dry it out and buy a log burner. I’d need to buy or build something pretty substantial to store these to dry out or rent a storage unit so it wouldn’t be inexpensive to do this, however it seems wasteful to lose so much wood at a time when energy is so expensive
+Just wanted to give a shout-out to my professor today (teaching a 500 level CS course) who took the first few minutes out of lecture to talk about FIRE. Someone had asked her a tuition related question right before class was supposed to start and she kind of rolled it into a 5-7 minute lesson about the basics of FIRE. 
+
+I thought it was super cool of them to share that since A) they certainly had no obligation to give up class time to talk about it and B) a lot of young folks in there are about to graduate and could really benefit in the long run if they start to apply FIRE related principles straight out of college.
+
+Edit: thought this sub would find this experience to be an interesting read, my apologies if I wasted your time
+
+Edit 2: Some of the key points touched on in the lesson for those interested:
+
+
+* What is passive income and what are some methodologies you can use to attain passive income (side projects and the like)
+* Invest in yourself, especially at this age and you will thank yourself down the road. A couple of specifics she mentioned were books and online courses. Along the same line she also said that applicable knowledge is super important to being able to get hired out of college, as in pay attention and get something for your money rather than just showing up for the sole purpose of working towards a diploma. 
+* Consider the marginal happiness acquired when buying "stuff"; as in, there is decreased return in happiness the more things you buy (generally speaking). Buy only the things that truly make you happy and save where you can.
+* Take your future self into consideration when molding your financial style but don't to it to the extent that it ruins your present happiness. 
+I work for a FAANG company and currently make around $600K. I am 48 years old with a stay at home spouse and two kids( 16 yrs, 12 yrs). We have accumulated a net worth of $6.3M, which includes $3.6M liquid investments, $2M home in a HCOL city, and remaining in non revenue generating assets. 
+
+Our expenses are expected to be higher in retirement due to the cost of health insurance. We would be very comfortable with an annual expenses of $120K. We do have college expenses coming up in a couple of years for $50K per year for 8 years consecutively. So, our costs can be up to $170K a year for next 10 years and go down to $120K after that. The expenses could be further lowered as we age.
+
+I feel that our assets might be sufficient to fire. But, i get nervous to pull the plug and want to wait 2 more years. Can you please share your feedback on my readiness for fatFIRE for our needs? Thank you.
+A few months ago, due to what I still can’t explain, the parental controls on purchases on the android device stopped asking for a password. My 8 year old son discovered this while playing Roblox and went on a Robux buying spree to the tune of $427. We only caught it because of the confirmation emails a few days later. We were only able to reclaim $115 from Google.  He lost the device, and his favorite game, for a long time. 
+
+Fast forward to today. I have been giving my son $5 a week for chores into a custodian trading account.  I luckily I picked a few good stocks and he has a nice little ~$300 Disney Trip fund for toys, swag, etc. I told him I was going to spend his savings on buying RBLX. I explained to him about market cap, shares outstanding, float and he understood 0 of these things... But I also explained that putting $300 into a game vs $300 into a game company were different things and (inner monologue: while probably over priced at the moment) it may grow his Disney Trip fund while he supports the company that has brought him so much pandemic joy. He was totally jazzed about this prospect and investing in general. Also... payback... sort of.
+
+
+EDIT: A few more details for the surprising amount of negative posters below, especially for a light-hearted story about both of us learning money lessons.
+
+* I am not shilling Roblox stock we collectively own 4 shares.
+* Of course any major losses would be covered.  No children's dreams were ruined in the making of any financial lessons... yet.
+* He did have to earn back his mistake through increased help around the house.
+* I own a lot of DIS in my own accounts. 
+* I match his own bday, card, etc contributions 1-1 to his account as an additional incentive to invest.
+So on Wednesday I went to Waffle House and placed a 
+to-go order. The total was exactly $50 and I decided to tip her $5. In the total line I wrote $55 and I signed it. I was checking my transactions today and noticed that I had a charge for $70 dollars from Waffle House. I’m baffled and can’t believe that I was charged an amount I didn’t agree to. What can I do? I also lost my receipt so will that affect anything?
+So this seems to have blown up overnight!! I’ve seen a lot of comments saying I’m a shitty tipper and I didn’t mention that I had tipped her 10 dollars in cash already but I didn’t have any more to give her which is why I added 5 dollars more on the tip line. She was amazing and especially with how servers live by tips in the US I keep that in mind and tip more even if I’m not eating in the restaurant!!
+Hey guys, I (M26) am a final year medical student who is current pursuing my degree overseas.
+
+I come from a humble family and as such, had taken up loans of about ~300k from close relatives which I have to eventually pay back. 
+
+I am looking at accomodations for this final year of studies, and am debating hard with myself if I should rent a nice little studio apartment for myself. My family lives in a tiny house back home, and both my parents are extreme hoarders and not the tidiest people, so I would really appreciate having a comfortable place to live in before I move back with my family for the next decade or so. However, doing this would mean that I wipe out nearly 3/4 of my current savings (7k out of 10k)
+
+Would this be a dumb financial move? 
+
+Thanks y'all.
+I have different brokerage, 401K, and crypto accounts (also properties and mortgages). I’m currently using Personal Capital but found them to be too spammy with upselling service.
+
+What are you currently using?
+Considering the high net worth of this group, a monthly paid option to avoid spam calls will also be great!
+It has been seen and repeated many times here that we all saw some "cultish" behavior in the crypto world. 
+
+People who buy a certain coin or token, act as if it is the best thing in the world after Bitcoin, and their developers are worshipes more than the Gods.
+
+Satoshi might be able to reveal himself, to let us all know who he/she/they is/are, but even if that happens, the legacy Satoshi created is indestructible even by him. 
+
+He realized that if he went public, he would be the target of many media attacks. Media is sometimes attacking Bitcoin but if they could they would find out every piece of detail in Satoshis life.
+
+Satoshi being aware that this movement is bigger than one or a couple of people, Satoshi decided to remain anonymous, which is ingenious in itself.
+
+Bitcoin is the definition of complete decentralization. 
+
+Leader who made it left it to the people, there is no one in charge, the code works and can be upgraded if people decide so.
+Hi all thanks for looking. My partner and I are likely breaking up and we were after some advice around splitting the house. Situation is:
+
+- 15% deposit on house when we bought 2 years ago
+- I paid 60% of deposit she paid 40%
+- just started 3rd year of 5 year fixed mortgage
+- we have been paying 50/50 on every monthly mortgage payment 
+
+Questions 
+1. Myself (60% deposit) would like to buy her out. I imagine this will involve calculating current market value, but any advice on how best to calculate what I owe that's fair? 
+2. How do we legally do this? As we are both co-owners of the property.... Do I just send xxx amount to her bank account and then let some government agency know I'm owner? 
+3. Can we do this without telling the mortgage company? Are there any implications regarding this? Fyi I can very easily pay 100% of the mortgage due to a significant pay rise since first getting the mortgage (plus I plan to get a lodger) 
+
+Many thanks!
+One item I rarely see on people’s household budget posts here is charitable giving, which seems unlikely given 64% of adults donated to charity in 2018 [according to NPT UK. ](https://www.nptuk.org/philanthropic-resources/uk-charitable-giving-statistics/) 
+
+Do you donate spontaneously when something catches your eye, and call that part of your discretionary spend? Do you donate 10% to church, like a classic tithe, and put that down as a “tax” in your budgeting? How has this spending changed as your income did?
+
+There are frequent discussions here about what percentage people find “reasonable” to spend on a car, or housing, or pensions. I was wondering what people find is a “reasonable” spend for charitable giving. I know the Gift Aid donation cap is 4x total annual tax payments, but I imagine very few people hit that.
+I'm 26, a woman, and I've been working at a government office for three years. I've never been disciplined and my attendance/sick record is good. I've been part-time as I'm also studying for a masters.
+
+Due to coronavirus there's been an influx of new staff and basically I've been taken off my normal job to train them. The two people sitting either side of me are both doing a very similar role and were both given a temporary pay rise. I applied for a role that was originally presented as a promotion, did not get it, then was effectively put on the same duties. I am the only person still on site who did not get the pay rise and people have been asking me about my wage/getting slightly offended on my behalf. I want to say something but I'm worried about how to frame it. I don't really need the money but it's demoralising to know it's just me and it's made me start looking for other jobs. I've had a decent bit of positive feedback which I've kept hold of, as well as training I've designed and given off my own back, which was over the expectations of the role. My manager is currently working from home. What do I do?
+I know this is a controversial subject here, but I'm trying to find the right answer. Should the value of our primary residence be included in our NW, or maybe just the equity?
+I got a margin call from Schawb for 7.4M. While I am please they just sent me a letter from 5 days ago.. I wonder why? 
+
+Basically I sold 1000 contracts on tesla.. vertical spread.. banked 143k about 5 hours later( would be 600k now lol) 
+
+Just wondering why they think I violated day trading rules on a spread? 
+
+Thanks
+
+Update: no issues and I dont owe them 7.4m as suspected. I guess I was not flagged as a pdt.. sounda like going forward they will restrict my account for 97 days if I do this again. Annoying since the most I personally had at risk was only 150k which I was ok with. Ohwell thanks for all the comments and special thanks to the snarky remarks.
+No joke - one friend is putting big money into airlines, another wants to do index funds because he wants to find something that performs better than his savings account, and another two more say they want to just put a bunch of money on "something good that will make money when it goes back up now because it's gone down." 
+
+Once the people who've never used a brokerage or have any understanding of the market in general start buying in, that's the biggest sign we're in the latter half of that Buffet saying - "...be fearful when others are greedy."
+
+People are being greedy as fuck, with no idea what they're doing, and money they should be saving for when things get *really* bad, and it's honestly sort of scaring me. They've seen the market only go up and rebound, read of tremendous success all around. They're putting their full faith in the government to handle this in a way that benefits everyone, and have no concept of how fast those two nickels they're rubbing together in anticipation could become bare, bloody fingertips. 
+
+SPY 200,190,190p, 5/15 & 6/30, SLV 15c for 1/2021
+For the past two years, whenever my wife and I would file our taxes, our refunds end up being taken and paid towards her student loans. That’s fine. It’s the only way we can afford to pay them. So we expect it. 
+
+I have not finished filing our taxes this year because somehow we owe money even though our jobs are the same. That’s a different story and I’ll figure that part out later. But the important info is that we have not filed this year. 
+
+I just got a letter in the mail saying a check from the IRS is being applied to the student loans. The date is today. I don’t know why we’d be getting a check from the IRS already. The amount is $10 more than last years refund. So it’s not a repeat from last years number somehow. 
+
+Did someone file our taxes for us and try to steal the money without realizing it would be garnished? I’m kind of worried and of course it’s a Friday so I can’t call until Monday. 
+I’m not searching for some kind of instagram lifestyle fx trader. I am looking for real traders with real charts and free charts. 
+*Note i’m not a newbie in trading in general , only a newbie in forextrading
+Cheers!
+They show up every few days (sometimes daily) and are only made by people who do no real research and want easy answers. They contribute nothing to the subreddit and prevent people who want to get into more technical analysis from taking this sub seriously.
+
+If the wiki could have a simple answer that explains the +90% fail rate and difficulty of the market the posts could focus on actual DD and discussion.
+
+I am extremely discouraged by these constant posts and do most of my actual posting in private chatrooms since I don't feel like t he majority of the people here are serious.
+Hey guys, So this is my Forex story so far.
+
+* Graduated from Engineering in April 2018 from a top University in Canada. Started trading Forex in October 2018.
+* Fell in love with it. Since I am strong in Mathematics and statistics. I loved looking at numbers and graphs all day.
+* Opened a demo account on Tradingview. Lost 20% value in First month. Infact kept loosing until December 2019.
+* **Started  to learn about trends, currency strength and currency correlations.**
+* Modified some indicators available on tradingview. Performed some studies on highly coorelated currencies like EURGBP, AUDNZD.
+* I simply trading using my currency strength algorithm and only look at stocastic or RSI for entry points.
+* **In the last 30 days I have grown my demo account by over 35% and haven't had a single losing day. My win percentage is over 95%. I have proof if you guys want.**
+
+​
+
+So my question: Do you think what is happening with me is a fluke?? Should I open a real account? Am I ready. Has anyone experienced this??
+
+These are the trades I made today
+
+https://i.redd.it/nw0dm8twqfn21.png
+Although I was something like 6 years away from having PMI removed, I got it removed this month. With the increase in home values, I reached out to my Mortgage Provider. Learned I needed to
+
+* Have no late payments 
+* Have the loan for at least 2 years (or less if significant improvement has been made)
+* Have a Loan to Value ratio of 75% or below.
+
+Under the new market value of my home, I saw all categories would be met. 
+
+Next step was to pay $325 to get the home appraised through the bank. This process just involved somebody coming over to take some pictures. Took about a month to get the results back.
+
+
+Results had a Loan To Value ratio just above 75%. Saw that paying a little less then my monthly payment to principal would bring me under 75%. Waited for this payment to post and called the back again.
+
+It became clear the back didn’t have people make it to this step often, because the bank did not really know what to do from here. After a week of back and forth PMI was removed and I saw my monthly payment drop.
+
+Overall this was a few hours of work and saved me over $8k over the life of what PMI would’ve been.
+[https://www.theaustralian.com.au/the-oz/news/hackers-threaten-data-release-in-coming-hours/news-story/1e00cbe61a77a39ddf09c50fe392c09d](https://www.theaustralian.com.au/the-oz/news/hackers-threaten-data-release-in-coming-hours/news-story/1e00cbe61a77a39ddf09c50fe392c09d)
+These people amaze me, it's not because we eat crayons that we're fucking stupid. This shit means they are now in panic mode. "Quick quick deploy phase 941 of our plan!". So let me tell you, that means we're doing something right. HODL!
+
+https://preview.redd.it/sm1u47ns7lv61.png?width=597&format=png&auto=webp&s=5c344b0b0adc13d5115ce4b67dd4739d96e382a2
+I have been casually involved with bitcoin since April 2011, and since that time I equated the blockchain with bitcoin. I've been aware of altcoins (like Litecoin), but I didn't believe they offered substantial benefit or distinction from bitcoin.
+
+I am embarrassed to admit it, but dogecoin caused me to start looking at the altcoins and I learned something - 99.9% of them are worthless clones of bitcoin - but the repackaging of the blockchain means that the concept can eventually be used to do things like store data and vote. The blockchain could revolutionize fields other than currency.
+
+As bitcoin moves forward into greater adoption and worldwide success, I encourage you to see bitcoin as one implementation of the blockchain concept that will soon become used in other new and valuable applications.
+
+Other successful implementations of the blockchain (in novel ways) will strengthen the success of bitcoin, not detract from it.
+
+**Colored Coins:** I'm aware of (and excited about) colored coins, I consider that a novel use of the blockchain within the scope of bitcoin. It is a useful extension of the bitcoin blockchain, but not all novel solutions will fit in the bitcoin blockchain.
+> KEY POINTS
+
+
+> - Munger highlighted how much risk investors are taking when investing, particularly in China.
+"In China, … they love to gamble in stocks. This is really stupid," Munger said.
+
+
+> - Munger also highlighted the proliferation of EBITDA as a profit metric as another sign of wretched excess, calling it "ridiculous."
+
+
+> - "I don't like when investment bankers talk about EBITDA, which I call bulls--- earnings."
+
+[Full article here](https://www.cnbc.com/amp/2020/02/12/charlie-munger-warns-there-are-lots-of-troubles-coming-because-of-too-much-wretched-excess.html)
+My work pays for 1 meal/day, hotel and $.56/mile when I travel. Currently they owe me $400 in travel expenses for March, April and May.
+
+I traveled in August 2020 and got reimbursed a week before Christmas.
+
+My work wants me to travel in August 2021 and the hotels alone this time are $375. Plus 4 days of meals and gas. 
+
+Is this typical? I feel like it's a lot of my own money being held for a $40,000/year career. $400 is 1/3 of my paycheck and in August 2021 that travel will nearly equal my paycheck.
+
+Update: I emailed a mass email to my boss /bosses boss/hr re-explaining the situation. I said that if this isn't resolved by august 1st I won't be booking the hotel in August.
+I just recently got into the idea of selling options and I'm still somewhat comprehending how they work. But for the idea of selling a cash-secured put, if you were already planning on buying 100 shares of the stock at that price, would there be any downside to selling a cash-secured put at the strike price, and keep repeating it until you the deal gets executed? From what I understand it's a no-lose scenario (assuming you already wanted to buy it).
+
+Also, if you are selling covered calls for a stock you hold (strike price above your cost basis) for cash flow (not appreciation), wouldn't it just make sense to sell covered calls on it to add more cash flow, and if its executed you still make a profit. This just seems to easy to me and please tell me if I'm missing something
+Sending an NFT to an unactivated account has some different uses in different scenarios, but why implement it so early in the life of the wallet just for a few people to help friends (or complete strangers) activate their wallets?  Sure, it could be to issue an NFT dividend, but why would RC do that now when he is busy transforming the best company in the world?  
+
+What’s the most important part of this whole NFT marketplace endeavor and the GameStop wallet?  You guessed it, MOASS adoption!  
+
+If you follow crypto and blockchain technology, you are aware by now that the biggest argument against mass adoption is the fact that it’s confusing and intimidating to the general public.  People don’t want to risk placing their money in an account that doesn’t have “forgot password” functionality.  They don’t want to send to the wrong address and lose their funds forever. The list goes on.  All issues that MUST be solved before mass adoption in my eyes.
+
+Bear with me here.  What if this functionality is implemented for the sole purpose of other companies like Microsoft and Sony incorporating it into their Xbox and PlayStation stores so that a customer can log into their account, buy an NFT player skin (without knowing  it is an NFT) and have a wallet automatically created and linked to their profile when their first NFT is purchased?!?  They don’t even need to know they have an NFT wallet in order to participate in buying skins on their favorite game!  It can all be hidden!  A simple API to connect the GME marketplace to be utilized within the partner company’s store and voila, marketplace participants in the millions!  I’m so jacked at the possibilities!
+
+This may have already been posted but I have been zen lately and didn’t see any posts suggesting this possibility in the last few weeks.
+There's no stopping this coin it seem's. They’ve already hit a $23M market cap in the first 4 days, over 2600 holders which are all super committed to the project. Multiple marketing channels which include big influencer giveaways on Twitter, apparently big crypto Youtuber's have content coming up this weekend along with Poocoin banner ads and more. They also claim to have a massive reach on TikTok with over 53 million reach capabilities with their current influencers.
+
+To be honest the most impressive thing i've noticed is the community support behind the project. Read their group chats like Telegram, the " Karen Army " as they call themselves is behind the project 100%.
+
+To shed more light on the project it's 100% community owned with a very loyal following. Ownership was renounced and 100% of the LP tokens are burnt. Another big one I liked was the no pre-sale which usually is all purchased up by the dev's. They launched on PancakeSwap and advertised the launch across most of their channels. This way plenty of young investors got in early and have so far made a fortune on their small initial investments. I think this is a huge reason for their success.
+
+The tokenomics is good with their rate being a little lower than the rest. They have an 8% tax on every transaction instead of the usual 10% so there are lower entry and exit fees incentivising more trade incentive. So 4% is distributed to holders and the other 4% is put back into liquidity.
+
+Broken down simply:
+
+8% tax on every transaction.
+
+4% reflect earning passive income by holding for diamond hands that are a girl’s best friend
+
+4% liquidity protecting against wild price fluctuations.
+
+To sum it up:
+
+**-** 100% Anti-Carpet Pull
+
+\- Tokenomics making it Anti-Big Fish
+
+\- No pre-sale, launched directly on Pancake Swap for all to participate equally.
+
+\- No dev wallets or dev assigned tokens prior to launch.
+
+\- LP-tokens burnt ( not locked like most others which eventually become available to the devs )
+
+\- Contract ownership renounced making it 100% community driven.
+
+Just a note that there have been a few other KAREN tokens that “launched” recently while these guys prepared their launch Token and project details below... This is definitely the O.G Karen Coin.
+
+Website: www.karencointoken.com
+Hi all
+
+I bought my house last year; house hack, tenant paying about 50% of mortgage. I don't have much equity in the house and I have $50k in my pocket. If you were me, would you:
+
+1. Spend the $50k of my cash on another bedroom/bathroom in the unit (based on a few estimates, a fair amount of work to be done) to raise the rental value of the unit and force appreciation, then do a HELOC or a cashout refinance (which I don't want to do since my interest rate is so low) to buy a next property.
+2. Keep the unit as-is (it's pretty decent!), rent it out for 1bdrm prices around here, and use the $50k on a down payment for a new property.   
+
+I'm leaning towards option 2 with the hopes that, if I get enough equity in the current house in next couple years, I can then take that money out to do the renovations, qualifying me for mortgage interest tax deduction. What would you do?
+Apologies ahead of time if I offend anyone.  It's not my intention.  Also, this is from my personal experience and no scientific study has been done.
+
+Over the years, I've noticed that non-investors tend to think investors buy properties at premium prices.
+
+The first time I noticed this trend was back when I was still working as an engineer.  At the time, my husband and I had already started investing in RE.  One day, a co-worker told me he, too was an investor.  Oh yeah?  In what?  He said a couple of people approached him and told him they wanted to start an engineering firm on their own.  If he put in money, he could be a co-owner. 
+
+I started asking him what his role will be, how much money to put in, what rate of return was he expecting, etc.  After talking with him for a while, it was apparent he did not know what he was doing at all.  He didn't even know what his role or responsibility would be.  And he tried to convince me that that was why it was such a good deal!  He didn't have to do anything.  All he had to do was "invest" his money and then profit from it.
+
+Even at that point, I knew a bad deal, or worse a scam if I saw one.  And this was definitely at the very least a bad deal.  I didn't say anything because it wasn't my business.
+
+Some time later, one late evening, I got a phone call from him at home.  This was highly unusual.  We normally didn't call each other at our personal number.  He flat out asked if I wanted to buy his house?  After pressing him for it, he admitted that he took out a loan with his house as collateral for the investment.  Unfortunately, the new company didn't pan out and he lost every penny.  He also hadn't been paying his mortgage for a while and now it was catching up to him.  I really felt bad for him.  Made me wish I had said something to him before.  If a deal sounded too good to be true, in this case he didn't have to do any work and just give them the money, it probably was a scam to begin with.  Might as well put it on the market with a realtor.
+
+I asked him what he wanted to sell his house for.  He told me.  I forget what it was, but when I did a comp, he was asking for way way way above market price.
+
+Over the years, I've run into a lot of people who, once found out we were investors and buy houses for cash, they would try to get us to buy their houses at premium prices.  Don't they understand that if we, as investors, buy houses at premium market prices we would make no profit and there was no point in being investors?  
+
+Anyone else noticed this particular way non-investors think?  And it also applied to investors who didn't do proper math.  I've had many propositions for me to buy their rental properties at premium market prices.  Some were having negative cash flow.  Don't they understand that it defeats the purpose of investing if we were buying these properties at premium or above market prices?  Also, just because we are RE investors doesn't mean we will buy every property presented to us.  We don't have unlimited resources and so every deal has to make sense for us to go through with.
+My bf and I are missing our connecting flight because of weather delays. American Airlines won't cover a hotel (weather is not a covered as a reason for delay hotel comp) but my Chase Sapphire Preferred cc covers up to $500 for costs incurred. Weather as a reason for delay is covered. It can go towards lodging, food, and personal items you might need to buy (toiletries, ect). We both have this cc and used our points for the original flight, so that's $500 each! Now we have a free night at a great hotel in Chicago! :) 
+
+UPDATE: 
+First- No, I don't work for Chase, or any other financial institution. I'm just a happy customer that wanted to share some perks for having this card. We didn't even realize it was covered until we called Chase and they told us while we were at the airport. We are frequent travelers and use this card for everything, the points have been completely worth it for us. 
+
+The actual trip: so we booked our hotel in Chicago for the night since we expected to have an overnight delay based on what AA had told us. After 7+ hours of waiting to get on the plane they eventually cancelled the flight to Chicago completely since the crew that was going to fly us out were over their hours. We were trying to get to a wedding as a final destination, and AA couldn't get us there until the next day, evening. We cancelled completely since we'd miss the wedding and would have to get right back on a plane and come home that next morning. We did discuss in length (and read since we had plenty of time at the airport) all the fine print about the delayed flight benefit and know our hotel, ect would have been covered. There was a good amount of paperwork (they email you the form with all the information) and wait time for the reimbursement but that's not an issue for us. 
+
+Unfortunately I can't update on going through the actual process since our trip was cancelled completely. We were refunded everything (airfare, hotels), CSP cancelled the flight and requested the refund from AA since I had originally booked the flight through them. We were bummed to miss the wedding and were actually excited for the free night in Chicago but I'm glad we were able to get everything refunded to us via money or points (depending how you bought it, it comes back the same way). 
+
+Glad to hear CSP has worked out for so many people! :) 
+Hi guys,
+
+For those with individual securities, how often to you re-balance?
+
+Also, if you don’t drip and collect cash, how do you determine which securities to invest your cash portion back into?
+
+The same amount from the security that cash portion came from? Before or after selling? Should you just use cash to re-allocate on down positions?
+
+Mind you I’m trying to make this as tax efficient as possible with little trading fees possible. 
+
+Thanks.
+
+Disclaimer: this is not the discussion for dividend irrelevancy theory…
+*I suspect this post won't garner much attention, because everyone here is after yield and Morguard is pretty boring even to those that love it, but in the absence of much of other content, I figured I'd post this here.* 
+
+For those of you (ie. everyone) not paying attention, Morguard Corp (MRC) just published its full year 2019 results. The two highlights are:
+
+* FFO/share increased 5% (to $20.2/share)
+* Book value increased to $328.62
+
+Even though Morguard is near its all-time high, the stock is still trading at just 10x FFO and 61% of book value.
+
+You simply won't find a real estate company showing that kind of growth (which was a low growth year for Morguard) trading at such a valuation. For instance,
+
+*  /r/CanadianInvestor favourite CAPREIT (CAR.UN) grew its FFO/unit by 3.4% through the first three quarters of 2019, but it trades at 28x FFO. 
+* Another local favourite, BPY, actually had FFO/unit go down (by quite a bit) and it trades at 12x FFO.
+* Riocan (REI.UN) trades at 14.8x and grew FFO/unit just 1% last year. 
+* People think H&R REIT(HR.UN) is pretty cheap, and it is at 12.3x FFO, but that FFO/unit grew just 1.1%.
+
+Some REITs grow cash flow or FFO faster, and some are cheaper, but I am pretty cerain none of them offer the growth/valuation combination that Morguard does (you could do something like a PEG to show it but I think the difference is large enough you don't need to).
+
+Similarly, there may be a few REITs that trade at a similar discount to book value, but I doubt there are any that have Morguard's growth, its quality and/or redevelopment potential, or its capital allocator at the top. 
+
+**Rai Sahi**
+
+About that capital allocator, Rai Sahi has run Morguard since the early 90's when it was called Ackland's. He took it over, turned around the company, then sold the operations (auto parts distributor) and reinvested the proceeds in real estate. Since then, he grew Morguard to what it is today, owning/managing over $21 billion of real estate. 
+
+You can read all sorts of stuff about how he runs Morguard, and just how smart he is, there have been several well done pieces written about him. But more important to you is how shareholders have done. I think a picture is worth a thousand words, so here:  [https://imgur.com/a/Xnu4Lx3](https://imgur.com/a/Xnu4Lx3) 
+
+For those who didn't click, since 1991 when he took over, Morguard has returned over 4200%, vs \~430% for the TSX, 1700% for the S&P 500, and 160% for the Canadian real estate index (which only goes back to 2002.