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laog55
Mark Cuban AMA at 9:30 AM CST, Tuesday 2/1/2021
Mark Cuban will be joining us to do an AMA. During this period, new accounts will be allowed to comment and post questions for Mark to answer. We will be using a Q&A sort. Q&A sort shows all threads Cuban replies to, so low quality comments are highly unlikely to be seen. Please Behave. UPDATE: Shit is 2/2/202...
16.929417
0.186019
wallstreetbets
Ask Cuban if he would publicly ask the SEC to find the shares to cover in order to get GME off the threshold securities list(30 days+)? This is simply enforcing its own rules against naked shorting. WSB honorary mod and legend status if he gets the SEC to commit to a date of enforcement. What would he do about the FT...
0.972372
1.158391
mvk5dv
A House of Cards - Part 1
**TL;DR- The DTC has been taken over by big money. They transitioned from a manual to a computerized ledger system in the 80s, and it played a significant role in the 1987 market crash. In 2003, several issuers with the DTC wanted to remove their securities from the DTC's deposit account because the DTC's participants...
28.282643
0.898668
Superstonk
Wait, so if I'm understanding this correctly, the entire stock market consists of nothing but IOUs, and the master vault holding the actual shares and the technical ownership of those shares all belongs to the "elites" that we're fighting?
0.253701
1.15237
w1av32
What top 10 company will no longer be there in 5-10 years?
It's tempting to buy some of the top growth companies after the recent market downturn but history tells us that in 5 years 1-2 of the top 10 stocks will change and in 10 years up to half could be different. There is a chance one of the top 10 stocks at the end of 2021 already has hit there all time highs and may no...
3.158857
0.229268
ValueInvesting
A lot of people saying Meta with the reason “I don’t know anyone who uses Facebook anymore.” Keep in mind Metas user base is mostly outside the US and Canada. Their monthly and daily active users continue to grow. I’m not defending Meta, I’m just saying “my friends don’t use it anymore” is a very narrow view of the co...
0.920833
1.150102
fz1s0q
Help me understand how the FED can just print a dozen Trillion USD without any noticeable consequences
Maybe I'm missing something but printing dozens of trillions USD out of thin air in order to buy junk bonds and bail out every major company that is about to fail should have some major concequences right? Like the USD devaluating or hyperinflation? If not, which I don't currently see(if anything the stock market is ...
5.341149
0.148634
StockMarket
An attempt at an ELI5: Let’s say I tip a bartender a $1. That bartender buys a $1 drink from the deli. That deli owner uses that $1 dollar to buy something, and so on and so forth. A while lot of people are going to say they made $1. Total income from that $1 will exceed one dollar since that same dollar was used ove...
1
1.148634
o7klxj
Looks like the recent RobinHood Class Action SI Report just proved /u/broccaaa's data. That the shorts haven't covered, that they hid SI% through Deep ITM CALLs, and SI% is a minimum of 226.42%.
​ # Edit: Numbers from RobinHood case are alleged so far, not proven. I cannot edit the post title. That being said, results of Deep ITM CALLs comes up with roughly the same 226.42%, which is quite telling. We also see that PHLX exchange is used to buy and exercise these calls almost immediately - exactly a...
16.974101
0.543014
Superstonk
I have officially been here too long- I understood all of that. I could once have polished my brain & sold it as a mirror. Now there is at least one wrinkle, (maybe two?). We knew this, and it has been postulated that this was their method - but the summary is still enlightening. This is gonna hurt them really, rea...
0.605522
1.148536
vzyejp
My son's current situation worries me a bit
My 15-year-old son is obsessed with money and thinks it's a kind of power that produces a kind of freedom and all my conversations with him are about ways to make money and ways to build wealth and I find it's worrisome and excessive, especially for someone his age so I want to ask you Is this normal or not?
5.860376
0.515464
Money
What is this, Moms Against Cars? It's completely normal, in fact it could signify that he'll be responsible with his money down the road. My girlfriend sucked with money as a kid and she's now an adult and still sucks with money. I started out about his age and I have financial freedom. He's a 15 year old boy, he's g...
0.632653
1.148117
l70vrq
Robinhood just blocked several stocks from being bought. They locked the buy button when it suited them. Don't buy Bitcoin on Robinhood. Ever.
Anyone following the WSB drama this morning will see that several brokers have blocked only the 'Buy' button to prevent GME, AMC etc being purchased. People can still sell. Don't let this happen to your bitcoin. Don't buy bitcoin on Robinhood.
162.498964
1
Bitcoin
Noticed this. Signed up for robinhood with a free referral just to get a free stock and I submitted to buy $1 of gme stock as to be apart of the meme wagon. Woke up this morning to see my buy order was canceled and couldn't buy the stock anymore. Ya ill stick to btc
0.147744
1.147744
ww2bp3
Obese travel tips?
I'm a guy in my early 30s and just sold my startup for over $50M. The money hit my account today. I've always loved to travel. I previously spent 3 years of my life backpacking, just hopping between hostels around the world. Last year, I was invited to spend a week at the Cheval Blanc in the Maldives and it was a trul...
9.766455
0.594663
fatFIRE
Destinations? If you’re into Maldives, go to Velaa instead. It’s better than CB. I think Maldives is pretty boring though, St Barth offers a much more rounded paradise island experience IMO. Some argue that the CB is the best hotel on St Barth, I’d go for Eden Rock though. Do some classics, go to Paris and stay at Geo...
0.551304
1.145968
x46al3
Feel like giving up after 4/5 years
Hi guys I really feel like giving up forex, after 4/5 years giving up thousands of hours of my life and still not consistently profitable I think it’s time to throw the towel in. I technically haven’t lost a tonne of money, I’ve never blown an account, so that’s a good thing, I’m just consistently losing more money tha...
6.494437
0.145354
Forex
Hey man, i've been here, this wave happens...it passes. I trade full time now, it's my sole income and it's the only job i'll ever do. I'd like to think i've helped a few people on Reddit now, and i'll extend the offer to you also, i'm happy to talk about your entries, and the thinking behind it, perhaps we can find ...
1
1.145354
l6uva1
Companies try to prevent people from trading GME and AMC
Not sure about the other trading apps but Trading212 prevents people now from buying shares. Quote: - Warning! In the interest of mitigating risk for our clients, we have temporarily placed GameStop and AMC Entertainment in reduce-only mode as highly unusual volumes have led to an unprecedented market environment. New...
107.564359
0.867986
stocks
This is utter bs and arguably market manipulation. What rule is being broken? As if the tables were turned they wouldn't allow the hedge fund to double down and buy at every dip to "mitigate their risk." Really the violation was allowing 40% more shrts than stocks exist. If you or I did that, are we getting protected t...
0.275297
1.143283
o0scoy
The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.
​ # 0. Preface I am not a financial advisor, and I do not provide financial advice. Many thoughts here are my opinion, and others can be speculative. TL;DR - **(Though I think you REALLY should consider reading because it is important to understand what is going on**): * The market crash of 2008 never fi...
31.50303
0.99995
Superstonk
HOLY MOLY THIS IS LONG!!! Before I read it I just want to say THANK YOU for the time you spend researching and writing all of the DD you contribute!!! It takes me quite a bit of time to read it so I can’t imagine how long you spend creating it!! EDIT: HOOOOLLLLLLYYYYY FUCKING MOOOOLLLLLLYYYYY WHAT THE FUCK?!? This is ...
0.140776
1.140726
lhk49b
Is anyone trading while holding a 9 to 5 job?
I'm a software developer in my 30s. I have a day job in my field but I don't see myself getting anymore promotions. Most developers my age move on to managerial positions. I don't have the social skills required for those kind of positions. I have recently started reading up on day trading and slowly trying to get in ...
27.929132
0.736409
Daytrading
I recommend mastering swing trading over 5d,1W, 1-3-6M and learning algo trading to program the same into an automated strategy,I found python and associated libraries to be useful ( software consultant turned algo trader with modest monthly earnings)
0.404085
1.140494
rhh92s
I've put 25% of my wealth in BABA @200. Tempted to add more at it's current price @122.
Hello I'm an unproven value investor. My qualifications are that I've recently read all the industry standard books on this topic. I only have two investments, BABA and VZ. Rest of the money is hard cash. Buffet says why put your money in your second best idea when you can in your first. I have not changed my vi...
2.373918
0.180488
ValueInvesting
Don't think if it as "I'm down" or "I'm up". Think of it as "I want to own shares". Imagine you're collecting Monster energy drink cans. Because you like the can. You have 100 cans. They cost you $3 per can. Now someone offers to sell you 20 cans for $1 each while someone else says they'll buy your cans for .98 cents e...
0.958333
1.138821
wxdje9
The canceling of student loan debt has greatly helped me and my family.
I’ve read a lot of post about the outrage and how unjust this decision was. I wonder if I am alone in feeling this is the first time the government has directly helped me as a citizen. I’m 32 years old went to college and nursing school, have a modest house and two children. I have worked as a registered nurse for 8 ...
19.601705
0.507463
economy
For an economy sub there seems to be an alarming number of people who don't understand that taxes will never ever 100% benefit their individual lives. The amount of things I'll pay for in taxes that don't directly benefit my household are many. I may never use Medicare or medicaid but I pay taxes for them. We are a...
0.630178
1.13764
l6omry
An Open Letter to Melvin Capital, CNBC, Boomers, and WSB
**Mods do not delete, this is important to me, please read** ​ I was in my early teens during the '08 crisis. I vividly remember the enormous repercussions that the reckless actions by those on Wall Street had in my personal life, and the lives of those close to me. I was fortunate - my parents were prude...
58.945319
0.644301
wallstreetbets
My dad was a concrete contractor, our livelihood was based on people doing well, buying houses, and having money to put into those houses. The crash fucked him, as an adult now I have no idea how he managed to hold onto his house. I know he said he was bidding jobs so low he could barely make anything just to keep his ...
0.493136
1.137438
llb1qn
Why does no one seem to think the housing market will crash?
From what I've read house prices being high and rapidly increasing is a good sign they may crash. I've read this in property investment guides and online about timing the cycle. Everywhere I look seems to assume that property prices will continue to rise well into the 2040s! Now I've read the average baby boomer will ...
12.080845
0.820639
AskEconomics
Your question seems to be entirely focused on "the hosing market" in the United States, so I'm only going to speak to that. The suggestion that "no one" thinks the housing market will "crash" is just wrong. There are plenty of people who think that. But even though home prices have risen quickly over the past year, ...
0.315789
1.136428
l7awnp
Today is a dark day for traders
It does not matter if you invested in GME, made money on NOK, or you are just interested in the stock market. Today different brokers took down from MILLIONS of retail traders the opportunity to partecipate actively in the stock market to save some billionaires hedge funds. In the last generation most of the people t...
55.035705
0.444539
stocks
Imagine if George Soros is in the middle of a fucking risky billionaire trade and his broker call him and say: "well you're only allowed to sell now, sorry George but tomorrow after your strategy is absolutely fucked we'll resume the trading normally."
0.688825
1.133365
xb2bho
I've seen a lot of posts in the last few days, accusing Britain of stealing $45 trillion of India's wealth. How rich was India that it had so much and how did the British manage it nevertheless?
For example. https://np.reddit.com/r/OutOfTheLoop/comments/x9btdc/whats_up_with_black_twitter_celebrating_queen/innq96h/ https://np.reddit.com/r/interestingasfuck/comments/xaekvs/during_the_british_rule_of_india_from_1769_to/ I also get [this](https://mronline.org/2019/01/15/britain-robbed-india-of-45-trillion-thenc...
7.291698
0.506143
AskEconomics
I was trying to track down the original article by Utsa Patnaik but I couldn't find it. Part of where that $50 trillion comes from is the "compounding at 5%" assumption. 5% is a very high interest rate over 250 years - £1 in 1772 compounded forward at 5% becomes nearly £200,000 in 2022. If you only adjusted for UK infl...
0.626316
1.132458
7dsnh5
Heads up if you have a Bank of America eBanking checking account: your account is about to be converted to one with fees
Multiple people have received a notice at the bottom of their October statement. These accounts are scheduled to be converted to Core Checking in January 2018. If you don't want to pay fees for a checking account or want a savings account that actually pays interest instead of charging fees, you can check the wiki for...
15.759047
0.132096
personalfinance
I tried to cancel a personal checking account for BoA and they wanted to charge me an overdraft fee when they cashed out my balance by an extra 7 cents by accident. They wouldn’t waive the $25 charge when I called after receiving a notice in the mail about the $25.07 that I “owed” them. I (made arrangements to switch...
1
1.132096
la34bh
It's fucking awful seeing the "Silver" misinformation campaign everywhere I look
⚠️⚠️⚠️ ***DON'T BUY SILVER, IT'S A TRAP***⚠️⚠️⚠️ They're talking on CNBC as if people on Reddit are actually squeezing silver. It's fucking absurd, they're practically encouraging it. They're like, "Wow, these redditors are squeezing silver, how cool" actually fucking encouraging it. Literally scum Edit: Should h...
123.940774
1
stocks
Many of the misinformation lies on the fact that media outlets saying that retailers are moving the price, like seriously wtf. Along with the fact that all this shit happened starting from friday. Fucking cnbc, never trust those paid scums. Full of lies and misinformation.
0.130089
1.130089
n7rl2y
You hear about the kid who put in $500 into a memecoin and made 100k, but you don't hear about the hundreds who put $1000 and are left with $0.1
You hear about the kid who put in $500 into a memecoin and made 100k, but you don't hear about the hundreds who put $1000 and are left with $0.1 You also don't hear about the guys who put $10,000 but cant cash out because these memecoins have no liquidity. Don't beat yourself up for missing out. Survivorship bias is...
79.30604
0.97226
CryptoCurrency
You also don't hear about the early Bitcoin investors who have already made millions probably because they have better things to do. Most of us are still here posting because we haven't reached our life changing goals yet.
0.156353
1.128613
ukay2p
Why is Russia still poor even though it has all the requisites to be rich?
Have natural resources - check Having an educated population - check Being able to create complex technologies with high added value - check My country (Brazil) lacks an educated population and high value-added technology, so I understand it to be poor. But Russia, has a Soviet legacy of industry and a population sk...
7.179452
0.498771
AskEconomics
A well established economic relationship is that corruption reduces economic growth: https://www.sciencedirect.com/science/article/pii/S0147596700917037 https://www.sciencedirect.com/science/article/abs/pii/S0176268019301156 The mechanics here are pretty straightforward: corruption increases costs similarly to taxes,...
0.628947
1.127719
l8uzu9
GME First Started As a Value Play by DFV
Here is the link to Roaring Kitty (DFV channel). He has been posting about gme for awhile now. https://youtu.be/1zi7XVudxME He describes himself as a value investor.
5.932305
0.401626
ValueInvesting
He was buying in when it was $5 or less and everyone was telling him it would go bankrupt and that he would lose everything and he was an idiot. At one point he replied to someone, "Your ignorance of the facts is my opportunity". He was right.
0.725
1.126626
k7v0dg
A beginner's guide to investing in the stock market (and mutual funds).
The stock market has witnessed a huge inflow of new investors during this calendar year. The pandemic allowed young people to stay at home with nothing to do. Several have lost their jobs and people have started to realise the importance of investing, and that's always a good thing. Starting off early is a huge advanta...
15.642546
0.972165
IndiaInvestments
Really appreciate this subreddit and the people here who put their time and effort in introducing and explaining on investments to newbies. All the older posts and notes in here is a goldmine to anyone starting to learn about personal finance management!
0.154118
1.126283
rv4axv
A News Blackout on the Fed’s Naming of the Banks that Got Its Emergency Repo Loans; Some Journalists Appear to Be Under Gag Orders
Final edit at bottom. If you are on new Reddit or the standard app, a screenshot from the final update may appear here, when it is supposed to appear at the bottom. I’m not sure why this screenshot shows at the top of the post, when it isn’t at the top, so I’ll just write here to let you know, it goes with the fina...
21.474781
0.684561
Superstonk
*Four days ago, the Federal Reserve released the names of the banks that had received $4.5 trillion in cumulative loans in the last quarter of 2019 under its emergency repo loan operations for a liquidity crisis that has yet to be credibly explained. Among the largest borrowers were JPMorgan Chase, Goldman Sachs and Ci...
0.440816
1.125377
7nfejn
Congratulations on your "depreciating asset" OP
"Nice car OP, I'm really happy for you and all, but if you'd bought something else you could have made more money. May I recommend not buying a car in the future, but maybe a house instead or in fact maybe just keep hodling forever? That's how you maximize profit OP, buying that car was a financially unwise decision. B...
9.25899
0.290234
ethtrader
I posted this comment in another thread, but not everyone sees a car as a financial asset or investment. For many people owning and maintaining a car is a hobby like any other. They pay money and they get enjoyment out of it. Some people just can't understand that. One of my hobbies is food. I really like making and e...
0.834979
1.125213
l5ptjl
Official Statement Regarding the WSB $GME plays
Good afternoon r/dividends, This post is to let the record show that the moderators of r/dividends support our fellow investors at r/wallstreetbets in their quest to make as much money from the Gamestop short squeeze as possible. This community believes wholeheartedly in all retail investors making money. We do not ...
21.998667
1
dividends
Sometimes people in WSB give a hard time to r/dividends because they make little money and don't yolo that much, but in reality, we are all here to support and help each other out. That sort of division leads to nowhere and we need to recognize the fact that we are handling our own money is already a victory. We are n...
0.124771
1.124771
irx8l0
I'm wealthy, but no one knows. Can I fuck it up by keeping it as a secret?
How do you cope with disclosing (not disclosing) your finances to others? I don't feel comfortable talking about how much money I earn or have. Not with the random strangers, but with the closest people. My SO of 5 years doesn't know my true net worth. I mean, I don't have to tell anyone, but I'm afraid if at some poi...
3.256445
0.123547
eupersonalfinance
Mate. Your SO needs to know big things like that if you wanna build a home with your SO. In fact, you should do your financial planning together, cards on the table and all. This isn't even something about finances, this is a basic human decency/trust issue. You don't have to tell anyone else (fuck em) but your SO nee...
1
1.123547
c84bp
How real-world corruption works.
This is a throwaway account (I'm a longtime redditor under another login). /r/economics might not be the correct place to put this, but it was the best I could think of. I'm a mid-career guy in a business that does a lot of work with governmental and quasi-governmental agencies. I've never ripped anyone off personally,...
15.873294
1
Economics
Thats a really well-written and illustrative story, but I would posit that this relatively minor level of corruption is probably (a) not that harmful, and (b) somewhat unavoidable. The real issue with corruption is that it scales exponentially in terms of harm as you move from County -> State -> Federal. By the...
0.123543
1.123543
l5ptjl
Official Statement Regarding the WSB $GME plays
Good afternoon r/dividends, This post is to let the record show that the moderators of r/dividends support our fellow investors at r/wallstreetbets in their quest to make as much money from the Gamestop short squeeze as possible. This community believes wholeheartedly in all retail investors making money. We do not ...
21.998667
1
dividends
This is the way. Hedge funds throwing millions at redditors pockets. Im gladly one of them nice to see this community so together. Honestly, i got so much love for reddit and for r/dividends and r/wallstreetbets
0.122936
1.122936
nbrwhl
I think I’m done
The $10k I put into eth over the past 18 months is worth about $75k at the moment. I am considering selling at least half today, to lock in some gains, but may just sell all of it. I come from modest means and have modest expectations in terms of lifestyle. 65k in profit is not exactly a life changing amount of mon...
28.449985
0.873194
ethtrader
No shame. I would consider not selling all though. Hold even as little as 15% of your original eth just don't sell it all. You should probably still afford your down payment and you can keep your feet in ETH and use the gains to pay down the mortgage faster. Just my 2 cents though you do you and do what you think is b...
0.249647
1.122841
lxd6d5
It's crazy that I almost thought about monetizing this, rather than giving it for free. It's time to realize and the real flaw of money--it makes people selfish. I want to end that and make people care about each other again. Here is my year long TradingView project, for free. I keep the code tho :)
Make sure you backtest this baby to learn how it works, but god damn has it improved my winrate drastically. I love retail traders. But to hell with the institutions that manipulate this game in their favor and take advantage of people like us only trying to earn a nice life for our families. Here is my hard-work, and ...
35.013208
1
Trading
I haven’t really checked out the indi yet, but man I like your style. I can help with your website, maybe convert to TOS, idk other stuff too probably. Feel free to pm if you need anything. You rock.
0.121951
1.121951
l9f2m3
I guess Thetagang is my new home now
Long time WSB member. Been dabbling in Thetagang for years even when it was all one in WSB. Really sucks to see WSB blow up so quickly and lose the culture. There used to be some really solid DD and some really smart people just acting like a bunch of idiots. Now, it’s just a bunch of idiots. So with that. I guess T...
24.110697
1
thetagang
With you bro, glad to find thetagang, been apart of WSB for years and while I get they don't really care about "stupid" stuff like position size, scaling or risk management, the "DiAMoND hANdS eeRrrYtINg" crap is really old. Feels just like 2017 with hodl and bitcoin. We get it. Big money bad. GME good.
0.121795
1.121795
lxgsec
All our favorite stocks are being shorted!
https://shortdata.ca/largest-short-positions/ List includes: HITI FLT EXRO NUMI NEXE GDNP CBDT FANS DFLY TRIP What are you thoughts? Why are these retards shorting companies that for the most part, want to make the world a better place?
1.416556
0.120521
Canadapennystocks
That's to be expected, the big players have now learned to watch what's going on on Reddit to see which stocks will be pumped by users migrating left and right everytime people release a new DD. Didn't you notice that every new ticker that gets mentioned ends up going down? Someone who already has a position at a low p...
1
1.120521
o6pifl
i was gifted 10,000 dollars of IBM stock
basically, i'm one of like 10 people in the family who was given this stock and it looks like I was given the least amount of anyone, but i'll take it. So, i'm wondering if I should keep it or just sell and dump into my VOO fund. IBM grew almost 1000% since the mid 90s, but does the stock have any room to grow? Its lat...
5.643858
0.118884
investing
I see a lot of answers that say "sell it!" or "don't sell it!" but at the end of the day the way to make a rational decision is: *If you were handed that money right now in $10K in cash, would you spend it on IBM?* If not, you should put the money elsewhere.
1
1.118884
dhuq60
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump's tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the ...
49.0618
1
investing
>"complete an annual report that gives the compensation, gender, and racial composition of board and employees." Is there a legal definition for determine one's race? Like, could a half white/half Asian person simply claim to be either "white" or "Asian", and ignore the fact that they are mixed? As demand for defa...
0.117325
1.117325
7ouwwz
Who remembers the days when eth was stuck on $300
Whilst all other crypto went up in value... Those were some frustrating times but I always believed in ethereum and I'm glad I stuck with it and didn't move to bitcoin and litecoin because in all honesty I don't at all believe in those technologies. Ethereum for me is the future. I can see it's potential use cases in t...
14.524212
0.450174
ethtrader
I remember buying on day 1 of the crowd sale. Then later, during the second round of the crowd sale wherein buyers could obtain less Eth for the same amount of money, I sat on my toilet taking a shit, staring at the Ethereum Foundation Website on my HTC smart phone, thinking "I should buy more. This might be huge." But...
0.667137
1.117311
l7jcxx
IM URGING YOU TO READ IF YOU OWN AMC
Guys, first off i’ve been part of this community for only a short time, a little bit before this whole short interest craze but I seriously love the amazing things we’ve done for peoples lives. I’ve read about college kids paying off their student loans, people being able to afford to pay for family members cancer trea...
123.988362
1
pennystocks
IM IN AMC FOR THE LONG RUN AND IM NOT FUCKING LEAVING! 2K+ SHARES DEEP AND IM ADDING MORE TOMORROW! ITS TIME TO STOP GETTING FUCKED AND START DOING THE FUCKING! HOLD THAT FUCKING LINE TOMORROW!🔥🚀🌕🪐#SaveAMC ![gif](giphy|SaX384PjtDl2U|downsized)
0.11459
1.11459
rqsh26
My wife and I disagree. We've reached our crypto goal of a house downpayment. She says pull now before interest rates spike, I say HODL. Thoughts?
Here's the facts. We live in one of the most expensive cities in North america. Average two/three bedroom townhouse here is about 900k. We have finally saved up 15% of a down payment (other 5% covered) and we would love to get into the market before our family expands and before the inevitable interest rate hikes in ...
9.14565
0.113587
CryptoCurrency
If you end up holding and things go south , you'll hear a "I told you so" from your wife. But if you sell and buy a house and then it ends up mooning you get to say "I told you so" to your wife while having a new house. So buy that house.
1
1.113587
71c0w4
[UPDATE] I found out that a coworker in the same position, with the same education, experience, workload, etc. is making almost twice what I make
[Original Post](https://www.reddit.com/r/personalfinance/comments/6t8hme/i_found_out_that_a_coworker_in_the_same_position/?st=J7T77MXH&sh=810eb4d6) For those of you who read my original post, I just wanted to update. Everyone was so encouraging and supportive, I really did not expect it! After making my post, I ...
119.898075
1
personalfinance
The stark reality is that is how the world operates. It happened to me too. I was given a 6% raise at my annual review and was told that I was very lucky to get that. 2 months later, I have an offer from another company, and all of a sudden, they're willing to give me a 25% raise on top of the 6%, plus a 20% retention ...
0.112758
1.112758
mpzbju
It is done
​ [Because editing my name out of 4 JPEGs is fuck \(also lifeline didnt email a receipt yet\)](https://preview.redd.it/rs0tn8agvws61.png?width=2048&format=png&auto=webp&s=80f27687dd731dd419a0138586c54a4a8ebe5167) Hey Cunts, So the last few runs of DW8 and EXR have finally pipped me over the $1...
21.34183
1
ASX_Bets
You're a legend, it doesn't matter how much you give, the fact that you give is what matters most. ​ To anyone reading this, even its a few cents that you can afford to share based on the money you make; for the right causes which are taken care of by the right organisations, please do so....It'll make you...
0.112628
1.112628
l78fuh
I just bought $5,000 in $GME. I would not have done this if the brokerages didn't try to manipulate the market.
I've been following /r/wallstreetbets for years. Usually just for a laugh as I am a stodgy buy and hold guy and don't speculate often. When I saw the $GME shit happening a week ago I thought it was pure stupidity and was not planning on investing. In fact, I bought some $GME puts (which I've since sold since somehow th...
30.855431
0.337915
wallstreetbets
I also only bought in because of sheer rage at the response. *edit: There are barriers of entry for hedge funds because they are considered high risk, but when the high risk comes calling, their buddies bail them out. If we lost everything because we placed bad bets, fair enough. But this became rich folks manipulatin...
0.773849
1.111764
vtlw5c
The U.S. is not a democracy anymore, it is an oligarchy
3 people have more money than the bottom 50% of Americans. 3 investment firms control virtually everything: Blackstone, Vanguard, State Street. Most Congress, House, Senators, and even the president are bribed and paid off by big corporations to do their bidding, which usually means fucking over the middle/lower classe...
38.772362
1
economy
> Student loan companies are spending hundreds of millions bribing politicians LOL > [Most student loans — about 92% — are owned by the U.S. Department of Education.](https://www.nerdwallet.com/article/loans/student-loans/student-loan-debt)
0.109467
1.109467
l6utb0
Crazy thought..WSB might have just made Value investing cool again.
Sounds crazy but WSB just made value investing cool again. I know right now its all hype and momo investing but the guy that started it all was a value investor named deepf&ingvalue. He bought gamestop as a value play, they are celebrating michael burry for his value play. I know this is value play plus huge luck t...
9.54302
0.626016
ValueInvesting
Right now GME is all momentum but once the dust settles I do think more ppl will be interested in value investing and investing in general. They won't be going back to not investing, that's for sure, and while some ppl might still use some of their portfolio for shits and giggles, a significant portion could be dedicat...
0.483333
1.10935
lag8zs
How To Become a Consistent Profitable Trader (My Favourite Set Up)
Hey guys, I’ve had a few comments on reddit and instagram to explain the ATH (all time high) breakout trades I take on a daily basis and so here it is. I’m a full time trader and I hope you guys find this helpful. To explain this in great detail would take hours upon hours however I’ve wrote up a simplified descript...
38.012229
1
Daytrading
I have been slowly trying to learn more about day trading over the past several months, and man, this was the most concise, simplified write up I have seen. Thank you! Just a quick question, it sounds like you hold positions overnight in these situations? I thought that wasn't common due to potential problems outsid...
0.109236
1.109236
l6xpjg
Trading212 banning people from buying GME and AMC. This is unacceptable!
I don't have any GME/AMC, I'm not riding this hype train, but I find it ridiculous that a broker is basically prohibiting people to invest in whatever they want. It's their money, not yours, T212. Great thing I abandoned them! https://i.imgur.com/h6HMchO.png
29.720096
1
eupersonalfinance
Still possible on degiro with limit orders. Message in trader: ## Trading in GME & AMC possible with Limit orders Dear Investor, Due to extreme market conditions in AMC Entertainment Holdings (US00165C1045) and GameStop (US36467W1099) the order types with non defined execution price are currently not avail...
0.106707
1.106707
ijvpry
The US spends 23% budget on healthcare but U.K. spends 20% so how can the latter afford universal healthcare but the US can’t ?
Sources: https://en.m.wikipedia.org/wiki/Government_spending_in_the_United_States https://www.ukpublicspending.co.uk/government_spending.html?show=n
9.46178
0.648649
AskEconomics
The US Federal budget is (for FY2021) $4.829 trillion while the UK's budget (converted to dollars to keep things easier) is about $1.167 trillion. Using the percentages you've given (which I have no reason to doubt), this means that the US will spend about $1,110 billion on healthcare while the UK will spend $230 bill...
0.457895
1.106543
c84bp
How real-world corruption works.
This is a throwaway account (I'm a longtime redditor under another login). /r/economics might not be the correct place to put this, but it was the best I could think of. I'm a mid-career guy in a business that does a lot of work with governmental and quasi-governmental agencies. I've never ripped anyone off personally,...
15.873294
1
Economics
Wonderful post! This is what reddit is all about! I hope you will continue this series, corruption101, and educate everyone how the real world works. I have to take some minor issues with what you're saying though: >if it's no good, or if you are grossly over-charging, your customers will tend to catch on sooner...
0.104895
1.104895
t5e9uy
Why isn't Russia going bankrupt?
Apparently the war costs Russia [$20 Billion a day](https://www.consultancy.eu/news/7433/research-ukraine-war-costs-russian-military-20-billion-per-day), and assuming that half of Russias $630 Billion foreign reserve remains frozen - russia only has reserves for two weeks of war. One of which is already over. Obvi...
11.631863
0.791155
AskEconomics
>Apparently the war costs Russia [$20 Billion a day](https://www.consultancy.eu/news/7433/research-ukraine-war-costs-russian-military-20-billion-per-day), and assuming that half of Russias $630 Billion foreign reserve remains frozen - russia only has reserves for two weeks of war. One of which is already over. I...
0.313158
1.104313
92viou
4NEW
4New is the first blockchain solution in the world for waste to energy conversion. It's a tangible and eco-friendly solution that is taking the world by storm. 4New is currently offering coins for investors who are interested in getting involved with the first-ever waste to energy conversion and treatment facility. It ...
4.201935
0.379679
crypto_currency
Describing themselves as ‘world's first eco-friendly, tangible, waste to energy Blockchain solution,’ 4NEW’s premise is to take waste products and transform them into a usable energy source. This technology has been in adoption for over 70 years with approximately 83 independent waste to energy plants already in use wi...
0.722222
1.101901
92viou
4NEW
4New is the first blockchain solution in the world for waste to energy conversion. It's a tangible and eco-friendly solution that is taking the world by storm. 4New is currently offering coins for investors who are interested in getting involved with the first-ever waste to energy conversion and treatment facility. It ...
4.201935
0.379679
crypto_currency
At the start of each year, KWATT Coin holders will be able to choose a desired application of their energy the coin holder owns as represented by the total amount of KWATT Coins in their control at the time of this election.
0.722222
1.101901
92viou
4NEW
4New is the first blockchain solution in the world for waste to energy conversion. It's a tangible and eco-friendly solution that is taking the world by storm. 4New is currently offering coins for investors who are interested in getting involved with the first-ever waste to energy conversion and treatment facility. It ...
4.201935
0.379679
crypto_currency
A blockchain based ecosystem whereby energy produced by power plants, renewable or non-renewable or Waste to Energy technologies, is applied to a digital asset, digital protocol or a smart contract for delivery to cryptocurrency mining farms.
0.722222
1.101901
jkar04
My boss wants me to start an algo hedge fund and I've no experience
A little background: I'm a ML intern at a non tech/finance startup and recently my boss wants to start an algo hedge fund. The previous intern managed to produce supernormal returns, so much so that my boss compares it to RenTec. Clearly its over fitted and flawed and my boss knows but he is convinced that it's true as...
3.799143
0.100602
algotrading
So obviously your goal shouldn’t be to build a quant fund. That’s just dumb. Your goal should be to turn this into some really great resume material. So do whatever works best for that. It’s not like your boss has any idea what’s going on anyways.
1
1.100602
r1qtn1
Portfolio down 20% since i started value investing
I’m just venting…. So i used to setup iron condors, buy shares to write calls on, and speculate on stocks. I made over 7k net profit (58%) plus more on crypto and other crap. After listening to a bunch of value investors talking about Walmart, apple, Berkshire Hathaway and other companies and how many baggers you would...
4.493252
0.312195
ValueInvesting
Value investing is about patience, and confidence. If you can’t be patient, then you can’t make the most of value and if you aren’t confident then you can’t be patient. If you’re uncomfortable about a position then you’ve sized it to big. Position sizing should be based on your conviction in the position and if you’re...
0.7875
1.099695
dhuq60
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump's tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the ...
49.0618
1
investing
That would make us have the highest corporate tax rate of any major developed country. Also banning stock buybacks would be a huge hit to BKB and most growth stocks. This plan sounds like it would come at a huge opportunity cost to future generations.
0.099415
1.099415
zxunz0
How do people become so rich, by renting properties?
If you buy a house for $30,000 and rent for $1,500 it would take you almost 2 years just to break even. So how do people become so rich by renting by properties? And how do they rent multiple properties at once when they’re not even breaking even on the first one?
4.653412
0.149271
realestateinvesting
It's a combination of a lot of things: 1. Cash flow: after all expenses (including maintenance, operations, and debt servicing) the extra money accumulated each month. 2. Loan pay down: Each month, they own more and more of the property. 3. Appreciation: assuming 30,000 is the 20% down payment, the property purcha...
0.949495
1.098766
l9f2m3
I guess Thetagang is my new home now
Long time WSB member. Been dabbling in Thetagang for years even when it was all one in WSB. Really sucks to see WSB blow up so quickly and lose the culture. There used to be some really solid DD and some really smart people just acting like a bunch of idiots. Now, it’s just a bunch of idiots. So with that. I guess T...
24.110697
1
thetagang
Same here. I was a WSB member from the starting days. In between all the BS, WSB still had a few gold nuggets. Now it is all fresh shit nuggets, and if you look closely you can find a few dried shit nuggets. So, borrowing Barbara Corcoran's response to everything - 'I am out'. Thetagang is now one of the few 'investin...
0.098718
1.098718
x9oox1
How Many People You Know Got Rich Through Stock Investing?
How many people, getting rich through stock investing, do you actually know? In real life I mean. Not celebrities or social media pretenders. Real people, in your life. How many of them became rich? By rich I mean millionaires or billionaires. How many?
4.467087
0.310569
ValueInvesting
As a small retail investor you generally can't get rich by investing alone. You can get rich by earning a higher income and then investing that for a longer than average time so you gradually beat inflation and let compounding interest do it's magic. I also don't know anyone who got rich trading.
0.7875
1.098069
l70vrq
Robinhood just blocked several stocks from being bought. They locked the buy button when it suited them. Don't buy Bitcoin on Robinhood. Ever.
Anyone following the WSB drama this morning will see that several brokers have blocked only the 'Buy' button to prevent GME, AMC etc being purchased. People can still sell. Don't let this happen to your bitcoin. Don't buy bitcoin on Robinhood.
162.498964
1
Bitcoin
You can sue Robinhood. Already some cases being filed now 😁 https://www.bloomberg.com/news/articles/2021-01-28/robinhood-customers-sue-over-removal-of-gamestop?utm_content=business&utm_medium=social&cmpid=socialflow-facebook-business&utm_campaign=socialflow-organic&utm_source=facebook&fbclid=IwAR3i...
0.097573
1.097573
l7mym2
The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail
Who was pulling the strings on multiple brokers to ban clients from buying $GME and causing panic selling as well as margin liquidations? By locking out investors, brokers took away the bid for the stock. The market makers then orchestrated a drop of 371 points, 77% with ONLY 8 million shares traded triggering multiple...
128.065696
1
options
Like ethical hackers, there need to be ethical shorts. There are two sides to a market and these overloaded shorts to kill companies is disgusting. If I short something and I am wrong - ok, my fault - but to then close the market because you're about to blow up while simultaneously closing out retail traders at prices ...
0.089613
1.089613
w8l7pf
$26 Should Be The Minimum Wage According to MIT (read)
Feel free to check your area's Living wage; this is the same [calculator](https://livingwage.mit.edu/) used in "The Fight for $15", which started in 2012. [CHECK RENTS HERE](https://www.huduser.gov/portal/datasets/fmr/fmrs/FY2022_code/select_Geography.odn) \*\* Adjusting for [inflation](https://www.bls.gov/data/inflat...
23.135689
0.598259
economy
Title is very misleading. So the minimum wage should be $26/hour in *New York City?* That does **NOT** mean that the national minimum wage should be $26/hr. Cost of living varies wildly from urban to suburban to rural areas, and even from urban areas from state to state. I've been saying for years that minimum wage ...
0.491124
1.089383
l9f2m3
I guess Thetagang is my new home now
Long time WSB member. Been dabbling in Thetagang for years even when it was all one in WSB. Really sucks to see WSB blow up so quickly and lose the culture. There used to be some really solid DD and some really smart people just acting like a bunch of idiots. Now, it’s just a bunch of idiots. So with that. I guess T...
24.110697
1
thetagang
There is definitely good stuff in the big three Reddit fin subs. You won’t hit any grand slams making money off theta decay. But it can provided consistent returns. Selling does take on more risk, and you are getting paid to do so. Just be careful and don’t step out in front of a semi.
0.088462
1.088462
dhuq60
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump's tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the ...
49.0618
1
investing
as we've learned with Donald Trump as President, we have a system of checks and balances that make proposals like this little more than headlines. this would never actually get passed, just like Elizabeth Warren's plans to break up big tech. POTUS is not a dictator. he wouldn't have the power to do this himself, nor ...
0.087719
1.087719
s098pv
How are covered calls not free money
So unlike some of the guys on WSB I'm not stupid enough to think that there's a free money glitch in the market somewhere, hence my question is where I'm missing something: from my understanding, selling OTM covered calls on stocks you'd golf anyway can't result in an actual loss, ignoring missed capital gains of cours...
1.620021
0.080287
thetagang
1. You discover CC as "free money" (**YOU ARE HERE**) 2. You have success for X months writing CC against your ABC shares and collecting said "free money" 3. After X months, ABC gets great news and ABC proceeds to rocket past your CC strike 4. Knowing ABC is on a path towards the moon, you buy back your CC for a massiv...
1
1.080287
1xewcs
Starting Stock
Hi, I'm a teenager looking to get into stocks to make some money and I'm unsure if I should invest in typical blue chips or go with penny stocks? I start with about $500 and trade with either ETrade or Scott trade. Any tips from anyone?
19.461427
0.574377
finance
Whoa, whoa, whoa! Unfortunately for smart blokes like you or me, you cannot simply jump into stocks and make money. That is called day trading, and for most people, you're going to have about the same outcome as betting blindfolded in a casino. First, here's what you **don't** do: * Penny stocks. This is the gam...
0.505292
1.079669
y4tasl
I have lost 40% of investment in stock market, how is it possible to recover?
I’m 26 years old, I’m currently unemployed, I have a debt of 14k and I had saved 100k, in January I invested in dividend stocks: swk, intc, vfc, cmcsa, ally and para, but since January my portfolio lost 40% so now I need to earn 66.70%, yesterday I closed all my positions, so now I only have 60k. should I invest in ss...
1.396551
0.078788
dividends
Ah yes, the buy high panic sell low strategy, never disappoints. Do not invest money you'll need in less than 10 years time and this is exactly why. I'm down 40% on many positions as well but I'm chilling and doing what you should've been doing too - the opposite - buying more. Do you realise you made the biggest mista...
1
1.078788
rf243x
Hyperinflation
Ok, I buy crypto and spend A lot of time on crypto Twitter and I notice they always talk about hyperinflation is coming and it's the end of the world, and compare it to the weimer republic. I want to ask someone that actually knows economics works because I see hyperinflation thrown around since January and I haven't ...
3.587592
0.262899
AskEconomics
Unbeknownst to many, there is in fact an actual definition of the word ['hyperinflation'](https://www.investopedia.com/terms/h/hyperinflation.asp). Which is a 50% increase in the price level per month. While what the US is seeing remains under 7% for the year, while the multi year trend has been barely any inflation at...
0.815789
1.078689
k9ahz7
A Gentle Reminder about Life
I certainly don't want to deter people from saving and thinking about their future. Just remember that there is life now too. I just got done diagnosing Alzheimer's in a woman in her early 60's. Her and her husband were looking forward to travel and leisure and life, all these things they forbade themselves in the pr...
30.664985
1
FinancialPlanning
Also reminder that it’s never too early to invest in your health (physical, mental, spiritual). While it can’t prevent everything, being smart about how you treat your body will payoff in more ways than one in the future
0.076404
1.076404
lowvnw
I've been successfully trading since the late 90s. All I have is a single cheap 27" HP monitor. What gains did I miss out on by not having 6 monitors?
I was also a professional derivatives trader. Even at work, all we needed were two monitors. A lot of us old guys (mid 40s) are still very actively trading and for the life of us, we dont understand why folks need that many monitors. What are we missing out on? I'm not being snarky or sarcastic. Why do you need that...
27.028855
0.712874
Daytrading
Haha love it, going to upvote you...I have traded since 1995.. I have 1 monitor but it is 32 inches but I find it hilarious when I see 3-10 monitors...the only thing I'd say with that is you can have the monitors focused for chart's, news or specific stocks.... Occasionally I'll take out a laptop and use my phone also....
0.363233
1.076106
mvk9na
If trading is such a potential “gold mine”, why doesn’t everyone do it?
I know that “being rich” might not be the philosophy of successful and consistent traders, but the ones that are successful seem to get great financial reward. So my question is, why doesn’t everyone do it?
2.285907
0.075789
Trading
The sunk cost requirements in time, knowledge and startup capital. If you want to be a serious investor and see enough returns from trading to turn it into successful career you're gonna have to put in at the dozens to hundreds of hour studying, reading, watching tutorial guides and lessons. Navigating the minefield of...
1
1.075789
6h5oqz
[ETH Daily Discussion] - 14/Jun/2017
Welcome to the ETH Daily Discussion thread of /r/EthTrader. *** The thread guidelines are as follows: - All sub rules apply here. 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. - Genera...
23.603029
0.725959
ethtrader
I'm baffled right now. This doesn't feel like real life. I'm seeing people complaining about a dip, and looking for answers to why the price is going down. Some idiot who will not be named is saying below that while portfolios drop "10%, 20%, 50%" that the "hodl" advice is only to protect our own interest....nigga what...
0.349788
1.075748
9hnw8z
Pigzbe Features and Benefits
Safe Fully borderless (available in more than 180 countries) Accessible to all Fun and engaging trainer Fast transfer between 3 and 6 seconds Cheap transaction costs less than $ 0.01
0.273176
0.074866
crypto_currency
Transactions within Pigzbe are made using Wollo, the platform’s native token. Wollo is a token that will be purchased on the open market via a number of exchanges, and it enables access to a fun and exciting family environment that helps children learn about saving through play. It serves the dual purpose of boosting ...
1
1.074866
9hnw8z
Pigzbe Features and Benefits
Safe Fully borderless (available in more than 180 countries) Accessible to all Fun and engaging trainer Fast transfer between 3 and 6 seconds Cheap transaction costs less than $ 0.01
0.273176
0.074866
crypto_currency
Pigzbe uses a child-friendly crypto-currency hardware wallet that runs throughout an interactive application in the hope of attracting children's attention on crypto currencies and related technologies.
1
1.074866
9hnw8z
Pigzbe Features and Benefits
Safe Fully borderless (available in more than 180 countries) Accessible to all Fun and engaging trainer Fast transfer between 3 and 6 seconds Cheap transaction costs less than $ 0.01
0.273176
0.074866
crypto_currency
Pigzbe It is estimated that by 2020 it will exceed $3 trillion, and that it will represent 10% of the world’s GDP by 2025. By the end of 2017, there were 6 an estimated 21 million cryptocurrency users, and cryptocurrency use has been growing at 102% CAGR. 7 A key benefit of blockchain solutions is that they suppor...
1
1.074866
l807am
"Wealthsimple Inc., a commission-free Canadian online brokerage with more than 350,000 clients, is warning traders about the risks of investing in certain highly speculative stocks, but isn’t planning to halt trading in those shares."
(Bloomberg) -- Wealthsimple Inc., a commission-free Canadian online brokerage with more than 350,000 clients, is warning traders about the risks of investing in certain highly speculative stocks, but isn’t planning to halt trading in those shares. Wealthsimple, whose motto is “get rich slow,” doesn’t offer riskier inv...
27.730366
1
CanadianInvestor
Is anyone else getting an error when you are trying to set a limit price sell? I have some GME that I want to set and cannot even get the order placed without an error. Tried a dozen times. EDIT: They've emailed me back saying anything greater than 30% of the delayed quote price will get rejected. This is of course a ...
0.074847
1.074847
t90lns
I have capitulated
Ok guys, I've officially capitulated. Apparently I misread my /CL trade I was putting on as only requiring $11,000 to be cash-secured, but that was not the case, it needs $110,000 to be cash-secured. I sold a put at the $115 strike that has exploded in BP. Coupled with some NET cash-secured puts sitting at the $110 str...
7.965792
0.339785
thetagang
I just took a quick browse through your post history. It's a tough break. In fairness to the sub, though, pretty much every comment was screaming at you trying to get you to understand your risks. You might be done trading, but listening is a lifelong skill. A little humility would have saved you from a lot of your poo...
0.733333
1.073118
wn0266
What’s a financial decision you’ve watched someone make that made you scream inside?
I’ll preface this with - I didn’t say anything negative to her, I just screamed internally. One of my friends and her husband (both 33) rent a nice 3 bedroom place. They’ve said many times that they’re struggling to save enough money for a deposit on a house and have said that their combined income is roughly $90k. ...
29.691889
0.871385
AusFinance
Calling out myself to be fair: picking the homebrand of something over the name brand because "50c here and there adds up" but then happily dropping $50 on some new hobby I'll probably only do once because "it's only 50 bucks".
0.200786
1.072171
cdu8k5
32, Black Woman, Single Mom, Raised in Hood, Drug Addicted & Absentee Parents, Once Was Homeless & Preggo Just Crossed 100K Net Worth Living in NY
As the title states.... ​ I've been a long time lurker and just crunched the numbers tonight and wanted to share. I am so happy. I did it. Brings tears to my eyes. ​ I'm 32, African American and a single mom of 1 teenager. I was born and raised in a true "hood", long ago, before gentrificatio...
47.583869
1
financialindependence
Now *this* is a story I love to see more on this subreddit.   One of the beauties of this story is that it is relatable to me. As a Hispanic male born into homelessness in East LA in the 80s, the odds of success is incredibly steep. Social, economical, and educational struggles can easily derail the succ...
0.07188
1.07188
vyr2qx
I'm gonna be sick...
I tried to buy a house. I met with a broker and we crunched all the numbers: income, expenses, savings, assets, etc. He gave me a figure to work with. I purchased a house in Sydney for 100k less than what he said I could borrow. Signed the contract and everything. It's a week before settlement and the broker has just...
23.038054
0.677846
AusFinance
I’m really sorry you’re in this position, I know it is incredibly stressful. I am a lender at one of the Big 4, feel free to PM me if you’d like me to help - I’d be happy to run the calculations and see what your position is to make sure that the broker/the bank has calculated your income correctly before you take the ...
0.394013
1.071859
l5ptjl
Official Statement Regarding the WSB $GME plays
Good afternoon r/dividends, This post is to let the record show that the moderators of r/dividends support our fellow investors at r/wallstreetbets in their quest to make as much money from the Gamestop short squeeze as possible. This community believes wholeheartedly in all retail investors making money. We do not ...
21.998667
1
dividends
Funny story: I made a post on r/wallstreetbets about this: [here](https://www.reddit.com/r/wallstreetbets/comments/l5quxa/i_am_the_lead_moderator_of_rdividends_just/). It was removed in seven minutes. Currently reaching out to the mods for assistance.
0.07156
1.07156
7q7imt
Why need to stand up to Bittrex. PLEASE PLEASE PLEASE UPVOTE. Help 1000s of people. Missing 1000s of dollars. With support MIA for months.
I just finished a scan of reddit and twitter, searching for Bittrex support issues. It's ridiculous to read about some clients of theirs who have been waiting 4+ months for a response, let alone a resolution. This just isn't right. They happily accepted our deposits to trade. That's an agreement that our issues shoul...
40.244086
1
CryptoMarkets
I imagine they are a young company that did not build their platform and business for scalability. If they have 100,000’s of users hitting their site consistently then they might be finding themselves in a place where their cost to manage the system could have been outpacing the amount of money they collect in fees (wh...
0.069106
1.069106
l92fz7
Jim Cramer Gave an Interview in 2006 on how the Hedge Funds Manipulate the Markets
[https://www.reuters.com/article/cramer-interview-idUKN2036292620070320](https://www.reuters.com/article/cramer-interview-idUKN2036292620070320) [Direct link to Interview Video since the old in-article links aren't working](https://www.youtube.com/watch?v=CpMEFtPZJLc) "What's important when you're in that hedge fund ...
31.158201
0.636667
investing
I'm watching this and can't believe how it's so blatant. This guy has a show that millions of people watch where he literally pumps and dumps stocks on a daily basis for his hedge fund buddies and they have the audacity to say WSB/Retail investors are the problem?
0.431835
1.068502
6w8q7c
Hacked on bittrex for 100k. Need to know what happened
So today I went on www.bittrex.com to create an account and deposited roughly 26 BTC and traded them for other coins. Of course before doing this I did the basic verification, phone verification and enhanced verification and the 2FA authentication. I tested everything out and everything seemed fine... Then I logged ou...
2.40948
0.066185
CryptoMarkets
these are API calls. Most likely you logged onto a spoofed phishing site, and it sent api calls to the real site to get valid account balance info/etc so it would look normal to you. As soon as you logged off, it sold your shit and sent it to that great wallet in the sky. The momentary delay during your initial login...
1
1.066185
k9ahz7
A Gentle Reminder about Life
I certainly don't want to deter people from saving and thinking about their future. Just remember that there is life now too. I just got done diagnosing Alzheimer's in a woman in her early 60's. Her and her husband were looking forward to travel and leisure and life, all these things they forbade themselves in the pr...
30.664985
1
FinancialPlanning
For sure- I found out 2 weeks ago my neighbor pal has early onset dementia at 58, just tragic. I had just talked to her earlier this year, as we regularly did, about her plans to retire early- she had "just made the last payment on her house and looking forward to having less stress!" Sigh. And now her one daughter, of...
0.064045
1.064045
oi0ae0
What was your biggest investment mistake?
Let me start by saying that I think we can learn a lot from other people’s mistakes and our own. In the hopes of avoiding them in the future. This should be an interesting discussion.
3.91763
0.276423
ValueInvesting
I sold about 1/3 of my portfolio before covid hit globally anticipating a crash. Temporarily thought I made the right move when the crash came. Realized I totally shit the bed when it rebounded and I bought back in around what I sold it for. Paid dearly in taxes last year. I always believed that you can’t time the ma...
0.7875
1.063923
ht5mme
Why is the financial sector able to maintain such high wages and profits compared to other professional services sectors? Why doesn’t this attract more competition that results in wages and profit margins being forced down?
Wall Street has essentially no artificial restriction on the amount of people who can achieve the credentials required to enter the industry, unlike, say, medicine, which is restricted by the amount of medical school graduates, which is turn restricted by the number of medical schools. Also, it is not a winner take all...
13.091056
0.886978
AskEconomics
For the investing industry, there is actually a fair amount of competition. The average hedge fund [only lasts for five years](https://ftalphaville.ft.com/2014/07/31/1913792/most-hedge-funds-fail/), while [the average mutual fund fares marginally better at 8.6.](https://www.visualcapitalist.com/can-mutual-fund-get-bett...
0.176316
1.063294
mkzt1f
I have a secret to share - shhhhh
After first 2-3 millions, a paid off home and a good car, there is no difference In qualify of life between you and Jeff Bezos. Both of you have limited amount of time on earth - you have twice if not more than Jeff, so you are richer than him. A cheese burger is a cheese burger whether a billionaire eats or you do. ...
16.78318
1
fatFIRE
I'll agree with you that $2-3 million is plenty; I'll disagree that it's just as good as Bezos money. I'm FIREd and still have to pay attention to what stuff costs. Bezos doesn't. I made a decision that spending more time in a corporate job in exchange for more freedom to spend lavishly when I was done wasn't worth the...
0.063043
1.063043
vtlw5c
The U.S. is not a democracy anymore, it is an oligarchy
3 people have more money than the bottom 50% of Americans. 3 investment firms control virtually everything: Blackstone, Vanguard, State Street. Most Congress, House, Senators, and even the president are bribed and paid off by big corporations to do their bidding, which usually means fucking over the middle/lower classe...
38.772362
1
economy
Exactly. There’s no free market. There’s no free media. There’s no free election (all the candidates are carefully vetted and the winner is pretty much pre-determined). Just illusions of freedom and choices.
0.06213
1.06213
7og50a
WARNING: Brutal scam. Guy buys a Ledger Nano wallet on Ebay, and it steals all his cryptocurrency ($34,000, which is his life's savings).
Cross-posted from /r/BTC. As many as possible in the crypto space should be educated. Here is his post: https://np.reddit.com/r/ledgerwallet/comments/7obot7/all_my_cryptocurrency_stolen/ Here's where we find out how he was scammed. The scam Ledger Nano (bought on Ebay) came with a "scratch off" paper, to reveal the...
11.727575
0.365222
ethtrader
That's ingenious. Relevant to the other discussion regarding ledgers, there's little need to make intensely complex hardware or firmware hacks when people will always be the weak link in the securiy chain.
0.693935
1.059157
p3c6us
What do you do that you earn six figures?
It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?
30.918648
0.652199
financialindependence
I drive a tow truck in metro Atlanta and clean up wrecks on I-285 & I-75. It's a lot of hours and being on call sucks especially working nights. But I'm at $100k so far this year. It'll be my best year yet. Hope to finish the year around $160k
0.406617
1.058815
m3g13g
Is there a better sub where comments aren’t hidden 99.9% of the time?
So often someone will ask an amazing question, something I’m really interested in getting a good answer to, or even someone’s opinion, but I always just see that message explaining that comments need to be approved. 99.9% is an exaggeration, but not many people are going to come back to look at a post to see if any c...
14.812156
1
AskEconomics
I think there is a trade-off on Reddit between high quality content and ease of posting. This sub has some of the highest quality responses that I have seen on Reddit, but it comes at the cost of heavy moderation and a long approval process to get comments visible. Generally I save posts from this sub that I am inter...
0.057895
1.057895
ldzd8u
WSB ruined investment based subs on Reddit.
You cant even post about moderate gains without some fanatic or social justice warrior trying to tell you that you are a "paper handed bitch" or that you "turned your back on the movement". What fucking movement?! Stocks are not a movement. What happened with the meme stocks is not a movement. It's a bunch of idiots wh...
37.284055
1
StockMarket
We welcome all those who are looking for a legitimate, focused investment/trading sub. All our mods are or have been heavily active traders and/or wall street professionals and while the sub isn't perfect right now due to the massive amount of new subscribers and only a small number of moderators, we are working very ...
0.057632
1.057632
nrc7cg
Stop feeling sympathetic for those that lost their $ on naked AMC/GME Calls
I understand it sucks to see people losing their life savings, but we have been telling you not to sell naked calls on meme stocks FOR 6 FUCKING MONTHS. That’s more than enough time to grasp the fact that the premium on meme stock options are high for a reason. I have absolutely no sympathy for any of you. To the ones ...
23.058911
0.956989
thetagang
its becoming downright ridiculous. not only for options but for stocks as well. i hear from so many around me not only them, they got their spouses into the game as well... create robinhood account and start trading... then they proudly tell hey we are up few bucks on amc or bb etc.. i am like did you sell? no. so you ...
0.098718
1.055707
lkrrp9
META: Is there anything we can do about the fact that 90% of the posts in this sub are all just asking to ‘rate my portfolio’, most of which contain the same handful of ETFs?
Hi everyone, I’m a fairly new user on this sub but I just wanted to bring up the conversation on something I’ve noticed. If you look at the posts in the sub, almost all of them are from people asking others to rate their portfolio. Aside from the fact that it’s hard to see so few posts on any other topic, it drives me...
28.702497
1
ETFs
I’m also new to this sub, but I’ve found it to be mostly fantastic and helpful. You get your handful of people asking about what you’re complaining about, but by no means does it seem overwhelming or a burden, at least not to me. When I scroll through the posts I find tons of thoughtful, intelligent info - way more tha...
0.055249
1.055249
mpzbju
It is done
​ [Because editing my name out of 4 JPEGs is fuck \(also lifeline didnt email a receipt yet\)](https://preview.redd.it/rs0tn8agvws61.png?width=2048&format=png&auto=webp&s=80f27687dd731dd419a0138586c54a4a8ebe5167) Hey Cunts, So the last few runs of DW8 and EXR have finally pipped me over the $1...
21.34183
1
ASX_Bets
You absolute weapon 👏🏽 You’re too good for this place mate. Really makes me proud to be a part of this community when I see people like yourself sharing their good fortune with those that need it. Cheers 🍻
0.054608
1.054608
6t57w1
ETH price is gonna moon this weekend! ICO's gonna dump into it!
Edit: please check comments and upvote for free Reddit gold! Now that Bitfinex is restricting EOS and SAN er20 tokens for US customers people are gonna dump those coins and get back into ETH before August 16th. This is great for Ethereum long term, because pretty much all the value that drained out of Ethereum from lo...
1.492378
0.05431
ethtrader
For every one upvote that this comment receives, I will give you one gold on the condition that the Ether price tops 349.99 USD by 12:00 AM Monday EST. Edit: 12:00 AM EST Sunday.. BTC hogged volume, need a 17% gain tomorrow. Edit II: 5:00 PM EST Sunday.. Ruh-Roh Edit III: 11:55 PM EST Sunday. Bitcoin Cash is on Pol...
1
1.05431
fdlriy
You are not "family" to your company. If you have an opportunity to better yourself, take it. They will do the same when it comes to cutting ties with you.
People tend to feel a sense of guilt when it comes to leaving a job like they owe them or their coworkers something. That is because America preaches this "family" culture that we are such a strong team all working together. In reality, if they need to close your entire division, they will do it without hesitation. If ...
109.943272
0.917036
personalfinance
I just put my resignation in today. 3 years of being perpetually short staffed, pushed to the absolute max, and taken for granted finally came to a head. 3 years of, "it will get better. We will ~~higher~~ hire ^((edit: I changed it, please...no more messages. I'm sorry I offended so many people with my error)) more p...
0.135579
1.052614
mrwmvg
The Missing Link of Next Investors: Why you should know what Amplicat is before you purchase ANY shares held by Next Investors.
#Disclaimer The following post contains strictly public information that I have gathered from my own independent research. This information concerns the operations of S3 Consortiums, who I call "Next Investors", and the publicly listed companies they operate with. All further analysis built on top of this is my own, ...
18.611215
0.875102
ASX_Bets
Jesus fucking christ. I knew they were paid in shares but to actually boast about raising price of shares ahead of a known capital raise? Their pumps and dumps were already hard enough to play recently due to the increase of bots but this is actually fucked.
0.177474
1.052576
xxt9k4
Asda has announced it is offering over 60’s unlimited hot drinks, hot soup and a roll for just £1 through November and December.
Asda has announced all of its own in-store cafe’s will be offering over 60’s a roll, hot soup and hot drinks through November and December for £1 to help with the cost of living crisis. This isn’t strictly personal finance related but I’m sure there’s plenty of people over this age or with family over this age that m...
98.747532
1
UKPersonalFinance
Honestly what about young people? Its really hard take but im positive next government will pave a way for young people. Theyre simply being ignored. edit: I have love for elderly and not saying they should be ignored but this types of initiatives from Asda seems kinda discriminatory.
0.051048
1.051048
71c0w4
[UPDATE] I found out that a coworker in the same position, with the same education, experience, workload, etc. is making almost twice what I make
[Original Post](https://www.reddit.com/r/personalfinance/comments/6t8hme/i_found_out_that_a_coworker_in_the_same_position/?st=J7T77MXH&sh=810eb4d6) For those of you who read my original post, I just wanted to update. Everyone was so encouraging and supportive, I really did not expect it! After making my post, I ...
119.898075
1
personalfinance
Good on you. This whole baby boomer mentality of not disclosing pay is bullshit. As long as the other person is comfortable telling you, it's not your bosses business. Once I had the other job in hand, I would have simply explained that you knew she was underpaying you, and that unless she offered you equal pay with a ...
0.051031
1.051031