/biz/ - Business & Finance

who /can't wait for bloody monday/ here

>>12195762
I’m buying puts on Monday if it goes green.

First for the great golden bull run of 2019

mathematically impossible for another red day

>>12195762
Hitler was a good guy.

Boy I sure do love Jews being able to just crash an economy whenever they want and flee to whatever new country they plan to do the same shit to.
Boy I sure love the fact that my life expectancy is now considerably lowered due to either crime or a war, and I won't be allowed to carry a gun to protect myself.

How do I profit from this?

>>12195811
Nothing is impossible in a stochastic world.

>>12195858
sqqq

>>12195824
if whites are so smart and superior then why do they keep getting btfo by based jews?

why is it going down. powell bent the knee. wtf is wrong with the market.

>>12195858
what's there to profit from?

>>12195872
I dont know what stochastic means but there is a adamantium diamond encrusted titanium support that is very impossible to break

>>12195888
Real talk, who here has an accountant who ISN’T Jewish?

I bet you don’t have a Korean doctor either.

Hey Faggots,

My name is Jerome, and I hate every single one of you. All of you are poor, retarded, degenerates who spend every second of their day looking at stupid ass charts. You are everything bad in the the economy. Honestly, have any of you ever gotten any profits? I mean, I guess it's fun making fun of people because of their gambling addictions on weekly options and chinese scam stocks, but you all take to a whole new level. This is even worse than buying BGFV at $9.50.

Don't be a stranger. Just hit me with your best shorts. I'm pretty much perfect. I am Chair of the Federal Reserve of the United States, and hand picked by President Trump. What investments do you make, other than "buying the LCI dip because of muh share structure and epic short squeeze"? I also get mad gains, and have a banging hot interest rate (I just did some rape hikes; Shit was SO crash). You are all faggots who should just liquidate your portfolios and apply for a job at McDonald's. Thanks for listening.

Pic Related: It's me and my FED Funds Rate.

>>12195912
pfft! I can buy calls at open on Monday.

>>12195888
All the warrior whites died off in the world wars, so now everyone is too weak to exploit the Jews' most basic vulnerability, being bad at violence.

>>12195811
First bouncy day should be either Monday or Thursday. Maybe Friday as Thursday is final day to tax loss sell. Monday might just be more of a doji because there is usually sparse volume on Christmas eve. The Sickness & Plague 500 is oversold on daily (RSI 22) and near oversold on weekly now (RSI 31). Bounces frequently happen when RSI reaches these kinds of numbers. Not to say that the bounce won't peak out at a lower high and trend continue to new lows. That bounce is tradeable though. It's usually 2-3 days pump in to lower high then dump down.

You have to go over the index charts with magnifying glass to find the rare historic weeks where that didn't happen with this RSI level.

>>12195865
Was unironically trying for see if anyone felt that way
Was going to just put Merry Christmas & Happy Hanukkah if that wouldn't offend anyone

>>12195803
Me am of had my reasons as stated in that post @_@

>>12195920
Thank you Daddy

>>12195946
Any bouncy days that happen will be short-lived. Swing traders like me should sell and wait for re-entry, or just start buying ammunition.

>>12195824

>>12195824
just wait for next year

>>12196025
>>12195824
This extract is the first few and last few paragraphs of the Junius Pamphlet, written by Rosa Luxemburg, a Jewish woman and one of the leading anti-war intellectuals in Germany during WW1.

>>12195920
HEY JER
FUCK OFF

>>12195824
So it was Trump fault when market was pumping

But now its Jews fault when market is dumping

>>12195942
i dont get this pic. Just because you are taller and have a chiseled jaw doesn't mean you are superior. Zuckerberg is a literal billionaire, that guy can't even compete against him

>>12196051
>implying the pump was anything but a trap to begin with
>implying I trust Trump

>>12196052
>look, I might be ugly and with alien eyes, but come on man, I have so much money!

>>12195824
can someone explain antisemitism for me? i don't get it. i get why some call all black people dumb or asian people ugly. how are jewish ppl any more greedy than anyone else?

>>12195988
>Any bouncy days that happen will be short-lived

Yes, that's what I meant. 2-3 days worth generally as far as the indices are concerned.

By the way, the S&P hitting ~30 RSI or below on the weekly is extremely rare.
>current, December 21: 31.4
>most recent low prior to this one, August 31 2015: 33.2
>August 15 2011: 29.6
>March 2 2009: 27.1
>October 6 2008: 16.1 (oof!)

Anyway, if you had bought in at these low RSI levels you would have broke even or profited within a couple weeks. Obviously you want to sell/hedge/trailing stop those gains as the trend did sometimes continue downwards after these bounces.

>>12196084
Most of my positions are all shit I inherited, honestly. It's all shit that was bought years and years ago. The thing is it still seems to be better to sell and wait now rather than HODL forever and wait 3-4 years for my positions to come back, all the while I'm forced to pay my rent.

>>12196102

Sure. I'm mainly speaking from a swing trader's perspective. I could never in to the long hodl. Stresses me out too much.

>>12196111
Considering I'm out of a job, meaning that during the recession I'm even less likely to get a job, I'm going to just sell on Monday or Tuesday depending on how big the loss is, then save half and spread the other half around to different assets, some into inverse stocks, some into crypto, maybe try to see if I can't get some gold or silver. It's just going to be annoying explaining it to my Dad when he gets the tax statement which he still does for some reason. I think I'm still a dependent? The only thing I don't pay for is my car and health insurance.

>>12196069
this is how Zucc got an asian mommy gf, after all.

>>12196141
>that
>mommy gf
She's like a 5/10 at best, let's be honest.

>>12196131
So you're going to sell your losses so you can pour what remains into tulips and non-productive assets?

>>12196150
still more than a normal manlet with the personality of a ten year old psychopath would get.

>>12195942
Dude a jew will just under pay some fucking thug to fuck you up for him.

Best week ever. Thank you Powell-sama.

Should I buy spxs? It was 13k in 2009, it's 35 now, was 30 a couple days ago

>>12196150
She wasn't a golddigger and was with him before he got rich. And that's pretty rare these days

>>12196156
Well, what would you recommend? Because I'm out of ideas. I need SOME kind of passive income.

>>12196160
Yeah, but women are attracted to money and status, that's nothing new.

>>12196161
Yes, which is why a Jew (or whatever other fucking ruling elite that wants to kill you that you have in mind) needs to be attacked directly, from an organized force, all at once. They can't perform violence themselves, they resort to bribing/propagandizing into remaining warrior classes to do it for them, on anyone they're paranoid of.

>>12196079
>events have causes
>ex post facto examination of all events makes them look deliberate
SOMEONE has to be at the root of this conspiracy! It must be the weak and ugly people that don't believe in Christ!

(It feels good to have a boogie man, just look at the left and right and how hey love to demonize each other. Every movement needs an enemy.)

>>12196180

I was pretty damn sure that before 2021 we'd have a major financial crash and then recession and liquidity crisis possibly followed by overcompensation by regulators and state actors (including reducing interest rates by the fed) leading to possible hyperfinlation or stagflation. some time sometime before 2021.
The bubble letting out this much air prematurely in a minicrash and no domino effect calamity being triggered yet, coupled with the FED continuing to increase interest rates, is making me reconsider my prediction. I think this bubble might have actually been handled well this time, being partially deflated before it got the chance to really pop. It's looks like a "managed crash" (not saying it is, but it appears like it is).

>>12196185
If you need passive income you should put your money into govt bonds.

>>12196187
I mean when you have fucking documents from the ADL recovered by the FBI showing an ethnic group working in its own interests at the expense of all others staring you in the face, it becomes pretty hard to deny certain facts, unless you wanna get into "uh, clearly the FBI was setting the Jews up and actually Jews have never done anything wrong remember the six million."
It's insane that believing that pro-Israel lobbies (for that matter any foreign lobby, but Israel always gets a pass for some reason) should have no influence on American government, is a form of anti-semistism.

>>12196185
...I'm not sure I follow. How do you expect to get passive income from metals and eTulips?

If you're after income and don't want enormous volatility, you should be in bonds, quality preferred stock, defensive stocks, and covered calls or collars. If you're trading, then you should be delta neutral.

>>12196185
I dunno my grandfather might have killed a guy during the 40s-50s. He was at a beauty pagent and the broothers started chimping out because non of the black girls won anything. So fight breaks out chairs were flying he got stabbed in the arm and pushed the guy over a balcony.

Better than the tape version?

>>12196240
I mean, I might have killed a guy once pushing him over a boat on a vacation where all the tourists turned into literal apes and tried to get pictures of the seals but he survived and I don't think that's on the same level.

>>12196245
should just be an empty hole with some cables hanging out

>>12196216
Bonds won't best inflation goyim

>>12196224
Tribalism and identity based groups trying to advance their own interests is nothing new. America is home to the largest population of jews outside of isreal, and is also its biggest foreign backer, so it's no surprise zionist lobbying groups push hard.

Ironically, however, Israel lobbying groups do at least get more push back than Irish lobbying groups for example. https://www.youtube.com/watch?v=NrChnnk1dgo

>>12196255
He didn't stick around to bother to find out what happenwd to that and I quote fucking nigger.

Being 50% FB really is starting to hurt.

>>12196273
>Irish
>white
Yeah, but the kind of pushback also matters. The majority of Israel pushback I've seen is mostly leftists that don't like Israel committing warcrimes against Palestine, and that's usually because the left loves their little sandnigger pets. It's rare that I see lefty pushback against Israel for the ridiculous amount of influence and sway they hold in American politics, unless that sway is somehow conservative and anti-immigration, THEN they don't like it. Maybe I should just keep more intelligent company but I'm no brain blast myself so I just get the midwits.

>>12196224
Most US Jews are leftists who think Palestinians are unfairly oppressed by Israeli monsters, so they have no choice but to strap bombs to their kids.

Israel is the US military staging location in the Middle East. Also the canary in the coal mine and the regional scapegoat to keep the heat off.

American busses getting akbarred is not something worth risking. Best to give them a closer target.

>>12196255
Im just saying he was a jew, and when he was in the hospital for kidney surgery he made a blackjack out of a piece of woven leather and a fishing sinker and gave it to his daughter when she took him home from the hospital. Told me to fight dirty, throw sand in the eyes hit 'em in the balls. Jews can be good at violence too.

>>12196310
Be aware, I'm missing a great distinction that I need to make here. There's your average every day Jew, then your elite Jews, which come in two types, generally fascist Zionist pro-Israel Jews, and then striver leftist academic diaspora Jews. There are plenty of average Jews who are just as tough as the every day man.

I lost 5% of my portfolio what should I do?

>>12196298
>>12196224
Huh wild that the person who made these two posts also said this >>12196102

>>12196338
lol that's nothing. Trust the president and hold strong.

>>12196268
hmmmmm

>>12196180
>>12196189
Anyone?

>>12196338
Dollar cost average

>S&P500 dropped again
WHY!?!?!?

NOTHING IS HAPPENING FOR FUCKS SAKE

>>12196345
definitely time to sell

>>12196338
Don't panic sell. There will probably be a reversion to the mean before the big crash. Set up standing limit orders to reasonable prices that you'd be willing to accept in the near term to minimize losses.

>>12196346
>Powder status: dry
Fuggg I forgot cash was such a poor investment. Can this shit bottom already so I can open the war chest

Isnt the market closed next week thanks to holiday?

>>12196260

>>12195762
2020 calls on NUGT
am I fugged?

>>12195888
They have the money and a lack of morals

>>12196374
Also 3.5$ feb 1 puts on SNAP

>>12196370
exactly what I was thinking

>>12196370
Good.

>>12196367
You put it in a high yield savings account. "Cash" in his chart refers to holding it in physical cash or in an account with no interest.

>>12196345
i dont get this trust the president shit. i dont get how people always looks to political leaders to prop the markets. they hardly do shit man theyre just shills. what the fuck can trump o let alone politicians? if you need anyone to step up at this point its no politicians its fucking capitalists. the boys with the big dosh the job creators. these mfs can prop the market back up not the fucking president

>>12196360
Can't some stocks "break through" limit orders?
Either way I think it's better to just keep an eye on the market.

>>12196338
you are actually out preforming the market by 30-40%

>>12196386
>>12196388
Excellent.

>>12196347
Wait until the oversold SPY bounce on the Daily

>>12196404
desu almost all of my losses are from General Electric. I have no idea why I thought buying into them was a good decision

>>12196424
value trap

>>12196333
ooh no i understand completely. there's actually a word for it, but I'm fucking drunk and can't remember right now.

>>12196370

Fantastic.

>>12196392
People never pay attention to what matters, and the shit we do to fix things is never what actually does.
Check out Asimov's Foundation series for more info

>>12196389
Ah. Thanks for the explanation, I am a chartlet. So what savings accounts are worth a damn? my Wells and schwab savings aren't doing shit, and I'm suspicious of robinhood's 3%.

(But I do like how BoA illegally forecloses on people prematurely...)

>>12195762
wait for the bounce

who /drunk/ here?

>>12196483
Getting there.

>>12196051
>Thinking there is a difference between the two.

That's it. I'm selling everything that's red when the markets open again. I've had enough.

>>12196483
Sipping on some Scotish Whiskey rn, feels great.

The more I think about the last two months the angrier I get.

>>12196459
Ordinary savings accounts and high-yield savings accounts invest in different things and high-yield savings accounts has a certain restriction on withdraws where you can't withdraw from the account more than 6 times per month. Both are insured, though.

I have a HYSA through American Express that currently has an APY of 2.1%. Some other HYSA's have a higher yield, but I like the straightforwardness of American Express's interface and I'm not going to be upset over 15-25 bps less a year.

>>12196524
Buy short etfs to cover your losses

post porfolios

>>12196527
you know only a communist faggoot like you wouldn't call it scotch

>>12196459
I use Ally Bank, get 2% rn, will probably go up a couple points due to this rate hike. If you want something a bit higher you'll have to look at money market funds.

I may be a poorfag but at least I'm not a retarded permabull

>>12196527
what kind? I'm fucking drinking stoli and fucking snapple.

so we have the great financial crisis of our times and the greatest financial crisis since october 2007 or even december 1931 and no bank had gone bankrupt? how is this possible?

>>12196534
Thanks anon I should now have enough info to go do my homework. I think I'll do this until there's a good time to start buying.

>>12196551
forgot this

>>12196051
Well, yes. The fed intervened to stop the pump.

>>12196543
>>12196548
https://www.youtube.com/watch?v=YgHNtzxO0y8

>>12196570
sorry ii don't listen to hatians

>>12196557
Black Label.

>>12196563
Oh, also, HYSA APY's go up/down with short-term interest rates, so you'll get a higher yield if rates keep rising.

Okay so real economy question here. My view is that American companies currently really want to continue producing and selling in China, while staying based in America to avoid major profit-infringing regulation. So, basically, is this what's actually happening, and if it is, is it actually sustainable?

>>12196558
This is just a bear market. The financial crisis hasn't started yet. That will entail a vast wave of defaults in one industry or another.

What's going to happen tomorrow morning? Also I wrote 2 calls on AUY. Wasn't I supposed to gain money no matter what? What the fuck.

>>12196668
Nothing is going to happen tomorrow morning because it's Saturday.

>>12196644
In venezuala.

>rates are going up
meh
>government shutdown
meh
>Mattis resigns
meh

meanwhile:
>no terror attacks
>no UE debt crisis rebuttal from 2011
>not a single financial institution goes bankrupt
>the market, companies and jobs are fundamentally safe and secure

nothing explains this market crash to me

I think I'm too stupid to understand options. How does one make money with them, exactly? I know it has something to do with betting on whether a company's stock will go up or down.

>>12196538
$60,700 VMMXX
$13,100 VUSXX
$8,200 cash money

>>12196683
I'm retarded

>>12196694
Have you forgotten that there's an active trade war happening between the U.S. and China?

>>12196704
They're "supposed" to be used to cover your ass when you have the stocks already, or if you're planning to buy a bunch of the security and want to risk the small price of the contract.

>>12196704
You and me both. I've had the concept explained to make several times now and I still don't get how they work, and why I should want them.

>>12196719
>Have you forgotten that there's an active trade war happening between the U.S. and China?
already in the stock prices since september at least

>>12196693

>>12196704
Fugggg how do I invest in a proper thottie load receptacle

>>12196734
I like when commies try to justify why the kulaks needed to die to the people that they view as future kulaks.

>>12196736
buy coke and a bus ticket to the nearest club

>>12196736
Invest in roids, watch as women come swarming to your arms.

>>12196529
At whom? I'm pretty pissed at myself for always telling myself that we're at the bottom.
>275. We're fine. It's the bottom.
>270. We're fine. It's the bottom.
>265. Uh-oh. This has got to be the bottom.
>260. Not good. But this has to be the bottom now.
>255. WTF. Bottom?
>250. No way we're breaking 250.
>245. re-REEEEEEEEEEE.
>240. Fuck it. Just take all my money.
And the whole time I'm seeing people with lunch money accounts making fun of people for panicking and having "weak hands".

>>12196730
>>12196704
You're either too stupid to understand or not. We'll use fucking a fictional company that makes a fictional product. Their trading at $100.00 per share right now some where in this fictional imagination land just to have some fucking props to work with. We're going to give them the ticker XXX in honor of what >>12196736 is thinking about. Is everybody following? Good!

>>12196564
Mine is like the opposite

>>12196734
Communism or socialism, like most 'isms, sounds great on paper. When it's put in practice you don't need to make excuses for it failing constantly. Learn to let go of bad ideas.

Let me guess, you suddenly discovered capitalists were evil when you were young enough to be told by a superior who you ought to hate and blame?

>>12196704
Here is an example: I have a stock priced at $ 50, If I want some protection I can "buy a put" for say $ 0.10 that will give me th right to sell that security at a predetermined price like $ 49.50.

>>12196694

Well, at least most tech stocks will be trading at a fucking russian level p/e if these prices hold by next earning season.

Take it as an opportunity to stock up. These p/e levels are just plain fucking silly. Maybe look at picking up shit that will increase dividends like samsung, sp500 shit is still pricey.

Can’t say shit to stuff that pays you to hold it

>>12196730
>>12196704

So American options are basically future contracts that can be executed by the buyer when ever they want. We got two flavors CALL and PUT.

Now from a buyers point of view a CALL option is the option to buy the company XXX for a set price before a certain date. This can be anywhere from $1 to $200, and the date could range from Monday until who cares 5 years from now. While a PUT option is the option to sell the security before a certain date.

AS A BUYER which means you hold the rights to exercise the contract. You want your CALLS to go UP and your PUTS to go DOWN. Are you following so far?

>>12195903

He said he “might” bend the knee just to be a faggot. Means nothing and they’re probably just hoping Trump loses the elections so they can pull it all back and say dems are the reason economy is great.

>>12196828
Okay, so, just to make sure I'm following. A call means that I can buy at a certain price. I want it to go up, because if the stock price goes up, to say, $150, and I have a call to buy at $100, I can buy at $100 and have a stock that is worth significantly more than what I bought it for? Am I getting this right?

reluctant is made to be used to satisfy old men of smg and nothing more

Golden Bull in play

>>12195792
doomer reporting in

>>12196851
lets see those calls

>>12196772

It’s alright, most of the bobo posters have like 300 bucks on rf. who gives a shit.

>>12196860
>>12195792
Might bounce, I covered half just incase. Planning to go all in short at 2500-2550 and not cover until the fed cuts rates.

>>12196879
I wouldn't be surprised honestly but you never know in this crazy world

>>12196883
nothing goes straight down.

So from the option sellers point of view, we have to look at risk and the justification for why these contracts would be offered in the first place. We'll use Comfy and fucking Chad for two examples of different ways to be sellers of these contracts.

Comfy owns 100 shares of XXX. Chad has 10 grand cash. Comfy can sell some one the option to buy his 100 shares, and Chad can sell some one the option to sell him 100 shares at the current strike.

>>12196734
>I can't argue against the most recent of a string of modern failures of socialism so I'll "muh muh" it until it goes away

You are better than that gommie.

>>12196743
It's a meme fren.

>>12196782
Communism or socialism is not a theory which is implemented, the false conceit of most ideology is that it can somehow bend reality to its will. the fact is that ideology is bent and formed by our reaction and distortion of reality, not the other way around; no one can consciously decide what our world will be. Rather, socialism is a horizon of post-capitalist possibility, one marked by the world that's formed after the general expropriation of the capitalist class by the workers.

Capitalists do not have some kind of essential evil quality, I'm sure there's plenty who are quite nice people. Certainly, workers are screwed over, arbitrarily dominated and exploited by the capitalist class, but this is a result of our system, not innate virtue. I became a socialist as I tried to understand our hard economic realities, and searched for a political position capable of going beyond petty tribalism. The two possibilities I found were liberterianism and socialism, and I couldn't accept the outright rejection of the idea of the "public" innate in libertarianism.

>>12196848
Yes you're following, a put would mean you sell at that price. So lets say you have a $100 strike on your put and then XXX went to $150 your contract is worthless since you wouldn't sell it for less than the current market price.

>>12196483
High. I can't drink (much) because of my meds. Weed is a-okay though as far as drug interactions go.

I am eating pizza and watching this youtube channel with a guy who plays flight sims in a serious business kind of way. I guess this is a way to practice for pilots so they use mostly the right lingo during radio communications. It's pretty funny.

https://www.youtube.com/watch?v=el7uxV9rgx0

>>12196892
Considering that Venezuela has less public sector than the US, yes, every screech about "muh Venezuela" deserves every ridicule leveled at it.

>>12196906
You’re gonna lose them when you get into theta decay and premium.

>>12196889
where the fuck did Comfy get 100 shares

Hope everyone is raking in the dividends during this fun ride :-)

>>12196772

Same. I’m mad at myself, but I just got into the market 4 months ago. Watched you guys masturbate over the golden run, and now here we are. I keep thinking of selling it all and giving up, or possibly covering, but it keeps going down.

>>12196920
Oi speak for yourself m8
He lost me already. I guess I'm gonna be poor until I die. Alone because no money for gf.

What are the chances of seeing Microsoft back at 106 in the astockalypse? I made a goof everybody.

>>12196888
I'm agreeing with you, a hard red tomorrow would be pretty exceptional and terrifying

>>12196889
>>12196848
The point I'm trying to make is the buyer has to pay a premium for the contract. There's no reason some one would just take risk for no money up front. If I didn't own any XXX and I sell call options I'm exposing my self to infinite risk since in theory the price could go infinitely high instantaneously.

>people actually try to value companies
>Some stocks like Amazon are down 25% in a few weeks
is valuing companies useless?

>>12196928
>lose 100 dollars
>gain a 3 dollar dividend
pretty comfy

>>12196960
Your dividend stocks suck then broski

>>12196704
>>12196730
There's what they were originally created for (as insurance or a cheap way to 'lock-in' a price that you can buy shares at), and then there's what you're able to do with them (chiefly, spread trading).

Probably the best way I could explain it is by using risk graphs. Number 1 is the risk graph of buying 100 shares of Apple outright (costing you $15,050). Number two is simply buying a 56 day call option (costing you $820). Number three is a 56 day vertical spread (costing you $283 in margin (max loss) with a max profit of $217). Number four is a 56 day ratio spread (costing you $1,515 in margin (max loss) and has a max downside profit of $485 and unlimited upside potential). You can do way more with options positions than you can with stocks (or any underlying) alone.

>>12196960
>>12196928
>Looses 100 dollars
>gets 38 dollar dividend
Could be worse, apparently.

>>12196895

/biz/ doesn't deserve you man. Stop wasting your time with people who literally get their ideology from memes.

>>12196967
I think theyre good I just dont get them often

So whats the deal with SDR
Is it a meme?

>>12196927
He gave Chad 20 grand for his.

>>12196920
We'll get to the greeks later this is exposure to concept. Like basic level shit.

>>12196895
Fuck off kike

>>12196979
Your dividend stock suck then broski

I hate repeating myself

>>12196895
You're exactly like most leftists. Plenty of words. No explanations. Parse the words and no answers. Just intellectual masturbation based on a misunderstanding of human nature and a constant appeal to one's own narcissism.

Let's talk about creating spreads. Your goal for this year should be all about risk allocation and finding ways to play on volatility, regardless of direction.

>>12196973
I find the discussion to be more engaging and interesting than posting on /pol/, /leftypol/, twitter or reddit. Believe it or not, the talking points are more heterogeneous and fun to respond to, with the exception of stuff like this.

>>12197005
Your answer, in case you have trouble with english, is that there's a difference between an 'ism on paper and an economic system, and ism's on paper do not create the latter.

>>12196991
what the FUCK broski my stocks are good not everyone can get a 10% yield on cost right away

So Chad sold his 100 shares to Comfy last week, but since XXX is back at where he likes to accumulate. He's going to risk his 10k to buy 100 shares at $100. Chad is going to sell a put option, but he wants $3.50 for a contract that expires next week. So his risk limited. Since we're using the $100 strike, the most he can lose if XXX goes to $0 immediately is the 10K he is forced to pay for the useless bags he can't sell.

>>12196912
I don't think that is a fair argument, from what I've read it is pretty apparent that the nationalization of 1500 private firms really fucked them up more than anything. There are lots of factors at play in what it's turning into a shitshow down there, but one of the prime reasons for the death spiral was from their socialist policies.
>nationalize thousands of firms
>economy takes an absolute shit
Seems pretty clear to me. Ofc the US has been playin games over there, they have some corruption/currency issues, and the neighbors don't exactly play nice, but I honestly don't think those are the most major contributors.

Tell me I'm missing something because I'm honestly curious. I think you will boogeyman the fuck out of the other contributing factors, but I think the nationalization was the main catalyst.

>>12197034
everything is down buddy, i mean i shorted gold and then longed it. we're all getting fucked, but we're going to make it out alive.

>>12197034
My nigga.

Sure you can though. 10% just doesn't get a lot of people excited that have only a couple racks or less.

Oh, and who are these new tripfags? I'm required to let the newfags know, I created the name /smg/. Yes, that's the highlight of my life.

>>12196777
F

>>12197033
Your answer does not even remotely address what was said.

>>12196912
When a country decides it needs oil too be over $100 per barrel for them to function and (pre-plan) everything for everything during their soviet take over style of government. Deserves to have their shit pushed in by cheap crude baby!

Communism doesn't work because it requires one of two things, a dictatorship or democracy where everyone magically agrees.

>>12197063
Im getting fucked in the ass harder than Relucatant kneepad

>>12197068
as you know, a lot of new commies come to smg every red day, we've had far too many

Whats good high yields on discount now? The only high yields I pay attention to are HYT and some reits like GOV

>>12196564
Dude, you could win eternalbears contest.

>>12196558
Watch for Deutsche Bank. Then the fun will start.

>>12197081
I find it fascinating that communists/socialists/leftists within the US collegiate system will sing the praises of multicultural, multiracial societies while the policies and outcomes they most advocate for are impossible in those societies because of the bottoming out of trust and unity.

Socialism's best shot at working is in a fully homogeneous white society where trust is high. Thats the last thing they'll ever admit.

>>12196987

>embrace the public sphere and develop your people
>noooo the economic class is all that matters

Kikes got you misdirected m8

>>12197083
Pretty much everything but OHI and DM are on assrape sales. SMHD, small cap high dividend is definitely wayyyyyyy oversold. When the market turns around (be it 1 week or 5yrs), that'll be a cash cow. Personally, I'm waiting for the end of the year (tax reasons) and I'll reup on some NRZ and MAIN. There are no stocks that jump out at me (that i don't already own) as potential big dividend growth prospects. If we drop another 20%, I might have to rethink that though.

And fuck commies. Capitalism is here to stay faggots. Take that shit to /pol/

>>12197033
umm why don't you just reform schools and focus on minds you can manipulate. incase you don't understand we're not all for faggotry and prefer to not endorse people who are similar to you.

>>12196851
Me.... got revenge on old men who used me of like doll....

>>12197083
NRZ BX T are in some nice ranges

>>12197057
The main catalyst was the collapse of the oil price in 2014-15. The country had been dependent on it's national oil industry for some time and did not diversify under both Chavez and his capitalist predecessors. It was corrupt and inefficient. What changed when Chavez was in power was that the gains from this industry, which were previously held only by a few elites, were redistributed to alleviate poverty.

What this meant, however, was that when the oil price declined everyone was hit. In places like Angola, which also has large oil reserves, this redistribution never happened and thus there wasn't much crisis because the masses remained in poverty. The rich had accumulated their wealth and had the savings to deal with it. But for the poor, they're living in a crisis that's never ended.

And unlike countries like Norway and Saudi Arabia, which can easily support a high standard of welfare with their oil money due to their small population, Venezuela has several times the amount of people, spreading the money far thinner.

>>12197080
>Venezeula
>Soviet Style government
lmao, that 70% private industry is real soviet.

>>12197078
Your cliche premise was that "communism is good on paper bad in practice" and yes, it falls apart when you consider that paper and practice are divorced from one another. Communism isn't a set of ideals forced onto the world, it's what's born from capitalism undermining its own foundations.

>>12197114
>fully homogeneous white society
how to spot a retarded yankoid from 5 miles

>>12197114
Majority of commies don't believe racial differences beyond skin color exist, and others realize that a multiracial society will naturally create more variation of outcome, and inequality will be greater than that of a homogeneous society, so they advocate it for the acceleration argument.

>>12197114
Slavs and east Germans attempted relatively homogeneous white communism and it didn't really go that well.

>>12197083
NOBL is one of the better ETFs out there.

This isn't /pol/, bring your white nationlist ish to the birds\\

>>12197147
see how he cowers, see how he doesn't respond to me because he knows he can't.

>>12197081
This is belied by real world experience, whether it's a co-op or the Paris Commune. Although you'd probably get some dumbass bordigists to agree with you.

>>12197123
What part of ideology is not the basis for historical change do you not understand?

>>12197161
Most communists believe in the right to self determination for nations, this is a major part of all leninist based thought.

>>12197147
>Your cliche premise was that "communism is good on paper bad in practice" and yes, it falls apart when you consider that paper and practice are divorced from one another. Communism isn't a set of ideals forced onto the world, it's what's born from capitalism undermining its own foundations.

In other words, as long as you stick to the vague shadows and never quite define what you are, you can never be blamed for what you bring about. Thus, we never really tried socialism, it is whatever you conceive it to be.

Idiot.

>>12197184
lol

You political faggots, on "both" (all) sides, are FUCKING RETARDED. Why is this shit in /smg/??????

>>12197147
>implying you can privatize 100% when your poor planning, reliance on foreigners and laziness/lack of willingness to succeed got your hole this far.

First lesson on holes, when you're in one stop digging.

>>12197199
Fine, I'll stop.

>>12197199
What else is there to talk about? Recession is coming, crash and world instability inch ever closer near, sell everything and wait for re-entry. At least we're learning about options.

>>12197199
There's a "report" button for a reason you know

>>12197214
At least someone is reasonable.

>>12197217
Then go to a fucking political board. We are here to talk about how much bleeding our anuses will incur.

>>12197222
I'm not some pussy who hides behind a report button. I voice my issues.

>>12197217
recession just ended today. golden bull starts monday

>>12197114
Slavs are not white tho

>>12197197
You don't "try" ideologies, this is my whole point. you should judge people not by their words but by their actions.

If you want to discuss systems, lets. The USSR and the communist bloc were largely products of the material necessity they found themselves in, which was a semi-feudal periphery economy. In this context the soviets were able to industrialize much more effectively than the small and ineffective Russian bourgeoisie. But because their project was to simply industrialize, they were largely copying capitalist development.

I've said before very specifically what I am for, I am for the expropriation of the capitalist class by the workers in the developed countries, for shorter work weeks, decommodification of things like healthcare and other necessities, for the nationalization of finance, for cooperatives and social ownership.

>>12197213
Is this supposed to be an argument?
>Venezuela is soviet system
>but they were too lazy to have soviet system

>>12197235
I've talked often how capitalism's decay will impact successful investment strategies.

>>12196949
Okay, so I'm back with you here. What does this look like in practice? If I'm buying a contract, how much am I paying overall, and how do I make a profit on it?

>>12197189
>a co-op or the Paris Commune
once again you've fallen for my trap gommie, so predictable.

>co-op
we're talking about countries but pic related

>the Paris Commune
https://www.britannica.com/event/Commune-of-Paris-1871
>the so-called Jacobins, who followed in the French Revolutionary tradition of 1793 and wanted the Paris Commune to control the Revolution; the Proudhonists, socialists who supported a federation of communes throughout the country; and the Blanquistes, socialists who demanded violent action.
>the Fédérés, as the insurgents were called, were unable to organize themselves militarily and take the offensive, and, on May 21, government troops entered an undefended section of Paris
Wow you're right they did magically work together and France is a bastion of communism.

im drunk as shit right now, but not yet blacked out. so oh yeah before I forget, my grandfather died in 2005 so anything around the mysticism regarding his death and potential murder investigations on I can't comment on further.

>>12197255
Dubs confirm. I'll be honest, i didn't read any of it. I just saw yall arguing like schoolkids. Quick question; do you believe capitalism will fail in our lifetime? (Next 50-70 years)

>>12197280
I just recieved my Spirit box, I can ask him to come forward if you want and talk

>>12197256
oh you need high liquidity etfs worth like 500MM+ they have huge amounts of buying and selling.

You want a small spread. Where the contract ask and bid price is less than a nickle.

>>12197240
This is probably a meme but I can't see it going up on Monday only computers will be trading then. Wednesday at some point will see a weekly bottom IMO because a strong support is coming up at 245. Thursday and Friday actual humans return and notice everything is royally fucked up and go bargain hunting leading to a 7 point raise in SPY.

We open 2019 at 252~ then China/Trump can decide if we drop to 230 or go up to 270.

>>12197287
Just ask him to tell his own mother hello, I wish I could have met her, and fuck off I'll see you when you see me.

> Venezuela raises minimum wage 3000%
> "well, that's not actually socialism, because these minimum wage jobs are still nominally "private" sector jobs, so even though I, as a socialist, supported the radical minimum wage hike, any problems that result from it should actually be blamed on free enterprise"

>>12197262
Yeah, co-ops usually still have a hierarchy, so do all societies, including communist ones.

The communards were defeated by military threats, but put up a valiant defense given the odds they were facing. Who wins and who looses military battles is determined by a wide complexity of factors, but regardless, it is an external not internal contradiction.

>>12197306
The raise of minimum wage was in response to the hyperinflation, not the cause of it.

>>12197285
Probably, but who knows, there's genuine randomness to all these things.

>>12197312
so you agree with me then

>tfw no one on smg is an anarcho-ecofascist
I'm truly alone

>>12197147
It wasn't very smart of them to run their entire economy on one volatile export, was it? What would you do to try and distribute the wealth that the rich accumulated? If I was rich and in a country that was heading toward my wealth I would gtfo in my self-interest. Just being objective. If the US ever goes towards that trend I'm moving to Mexico and living in a gated community like a king.

>>12197179
NOBL is only 53 stocks with a huge expense ratio mang. I have shares because I'm a lazy investor, but that list doesn't change very often and is very short. Just invest in the singles imo.
>NOBL is one of the better ETFs out there.
That would be VT my nigga.

>>12197319
> massive money printing by a central bank is actually free enterprise

>>12197319
Sounds convincing. I think you are principally a faggot, but I respect you for having and sharing an opinion.

Fag

>>12197295
I can imagine a Trump Merry Christmas speech or whatever raising the SPY this weekend by a good 20 points

>>12197305
I did it and revived a lot of messages, he said Cigarettes are safe and Sure

>>12197326
dude weed investors are already partying. sorry your church doesn't allow that life style

>>12197331
>.35 expense ratio is huge
Oh, wow.

>VT
I'll pass on that, thanks.

>>12197346
Weed is degenerate.
I'm concerned about the ecosystem, not weed

>>12197326
you will grow out of it

>>12197133
god am of love dead anime girls so much

>>12197322
If you're saying communism will always fail because consensus is required to stage a military victory, no I'm not agreeing with you. The demands of wartime necessity need not extend to a peacetime economy.

>>12197331
Yes, capital flight should be expected, but keep in mind there's a difference here between redistribution of wealth and redistribution of the means of production. It's not as easy to move physical capital out of the country.

>>12197333
I too enjoy partaking in non-sequiturs. The money printing happened because of the accounts deficit formed by the drop in the oil price, not because the government wanted to increase the minimum wage.

>>12197337
well you're not wrong.

>>12197341
oh he's pissed off cause it was 2004. Sorry Pepa...

>>12197319
>raise of minimum wage
>in response to the hyperinflation
Wtf

>>12197377
no I'm saying communist societies are either dictatorships or democracies where everyone magicaly works together

>>12197389
I'm sorry *rise.

>>12197391
I honestly can't tell if this is sarcasm. Your point was that consensus based democracies have actually existed in the past?

>>12197377
I'm gonna need you to stop getting dubs. Makes me feel bad yelling and then having to check em.

>>12197377
> The money printing and minimum wage hikes were actually good and necessary! The oil price was the cause of EVERYTHING!

>>12197401
>Your point was that consensus based democracies have actually existed in the past
No my point was Communism doesn't work because it requires one of two things, a dictatorship or democracy where everyone magically agrees

>>12197373
>the DNC shill thinks she can have an opinion

>>12197415
The minimum wage hike was necessary /given/ the money printing. The money printing was not strictly necessary, no, but things still wouldn't have been pretty it they'd not done it.

The govt is indeed greatly at fault for not diversifying the economy, rooting out corruption, and improving the oil industry infrastructure.

>>12197421
Ah you're just an idiot, I see.

>>12197405
This is the true power of communism.

>>12197462
Ok fine. If this post is dubs, I'm officially a faggot communist gaylord. Show me the true power!

>>12197462
>Ah you're just an idiot, I see
no tell me exactly where your commie country differs from a normal dictatorship/democracy, or better yet give me an example that worked.

>>12197362
Relative to .09 in SPY, and .05 in ETFs comparable to spy, yes having over triple the expense ratio is huge. Especially for a fund that is easy to replicate yourself if you want to spend 5 minutes in excel.
>I'll pass on that, thanks.
You leave my VT alone you fucker.

>>12197377
>there's a difference here between redistribution of wealth and redistribution of the means of production
That's a fair point, but realistically do you think the hit from the capital flight is outweighed by throwing the means of production at people that may not be nearly as efficient at producing?

That and under a system that does not give incentive to be efficient/produce you can expect soldiering on a national level developing over time. Again, just being objective, I will not work harder than the person next to me if I will be compensated the same. I've used this professionally to leverage pay increases. That's more of a tangential argument of the entire ideology though.

>>12197476
>better yet give me an example that worked
don't get distracted by this please if you don't have one

>>12197326
youre alone now, wait until you wind up Impaled on the kings stick
Youll have plenty of friends around you then, lots to talk about.. Up there

>>12197470
Not yet anon, it takes years of studying the immortal science. Give it time.

>>12197476
>>12197490
I'm not saying it has to differ from a normal dictatorship or democracy, I'm saying communism as an economic system is quite compatible with a wide array of political systems, just as capitalism is. I would personally prefer more direct democracy and recall-ability in representatives. What you seemed to imply in your first post is that dictatorships and democracies necessarily fail.

>>12197477
I recall that Stalin instituted a piecework policy on grounds such as these, honestly, while pay differentials might be lower, I doubt they'd ever go away completely.

>>12197526
no it's the magicaly getting along bit that fails

>>12197526
You sound like me when i try to explain dividends to people.

>>12197477
Growth of $10k with reinvested dividends + expenses accounted results in virtually the same end result as SPY. Trying to replicate the portfolio for the overwhelming majority of retail investors would eat up $200+ from commissions alone every time you wanted to increase your allocation over the whole portfolio, while the portfolio manager benefits from a considerably lower trade cost basis from economies of scale.

>>12197526
>while pay differentials might be lower, I doubt they'd ever go away completely.
At least you admit it. Most of the time I talk to people leaning towards your beliefs they go full communism and can't comprehend that humans need incentive to do things because we suck.

>>12197436
mine ideology was forged over white hot flames of two election cycles
your "anarcho eco-facism" doesnt even make sense, they all conflict with each other ideologically

just face it, when you were radical centrist you were close to Hillary, you will return one day

>>12197491
>the kings stick

>>12197545
My commissions aren't by trade, but I see your point. I'm just pointing out relative to other ETFs, yes it is a high ratio.

>>12197564
How are your commissions done?

since we have a weekend, and i refuse too attend christmas parties. I'm going to do some free technical anal hehehe i said anal.

>>12197541
Factional conflict is a necessary part of democracy, and it's been a part of communism as a political and economic from the very beginning just as much as capitalism.

>>12197544
Now you're getting the hang of it.

>>12197557
Well, boredom is also a good incentive, but perhaps not always sufficient. Regardless, on a systemic level, income differences aren't the same as the incentives created by profit.

>>12197564
expenses of the etf, are the fee's you pay too hold and let them gather the shit to build it for you.... it's the price of doing business so too speak. if you're comfy you find the highest expenses.

>>12197573
TECH ANAL

>>12197573
Your punctuation excites me, almost as much as technical anal

>>12197573
hehehe technically anal assist

>>12197559
>anarcho-fascist
I'm glad someone finally got the joke ;_;
I'm still a radical centrist, but saying anarcho fascism exists is still too funny! (Because it's impossible)
Pic very much related

>>12197584
You know what.... https://www.bing.com/search?q=tupac+shakur+hit+'em+up&filters=ufn%3a"tupac+shakur+hit+em+up"+sid%3a"7def4686-b8d1-deb2-2ac5-e401565bdf8b"&qs=MB&pq=hit+em+up+tu&sc=8-12&cvid=4FC3A2337CB0461CB5F685A5DEA24BF2&FORM=QBRE&sp=1&ghc=1

>>12197568
Sweep in one account, free in RH.

>>12197559
I promise the stick you receive will be the largest in the kingdom wench, nothing like that measly picture

>>12197601
bottom right stay here you won

>>12197559
Is she going to be ok?

>>12197611
FIRST OFF, FUCK YOUR BITCH AND THE CLICK YOU CLAIM

>>12197617
Oh the interest they take from you, that's right. I don't know how i forgot that was possible lol.

>>12197627
well tu-pac was east and west, but what ever niggas love killing each other, black mama's get tired of scares and hiding tears. now we got white mamas even worse.

>>12197648
I'll take a shot to that well-constructed sentence broski

>>12197636
My other one is raymond james and they do a 0.5% sweep annually. Trades are 1% per trade. Basically for how often I trade the 0.5% is cheaper than paying per trade, and then I know my broker isn't trying to get me to trade to get his commission.

Boomers BTFO

https://www.youtube.com/watch?v=L5O6U2Gus_o

Way too many people are scared unnecessarily. This was biggest weekly drop since 2008. Economy is a million times stronger than 2008. There is no catalyst for this drop. People are overselling and are being retarded. Money will pump in like crazy on January 2nd once people have realized their losses for the year. If you are short past January you are brain dead.

>>12197658
I do like that structure, and you get to keep the interest you earn right? I make enough off of interest to make commissions worthwhile, but its always "interesting" (get it...) to see the different structures.

I hate it, everybody knows some one who's gone through multiple divorces. Everybody knows some one who died too soon. What the fuck is wrong with us? I mean I gave some warnings and physical abuse to a motherfucker who got arrested over heroin, dude got his charges dropped and fucking died of an overdose like 2 months later. Where is the freedom to break rules, but still get away with those cages not being there? I wanna be free as fuck can be! Motherfucking asshole is saying free this free that, but I am not paying for the hospital bills of your retard offspriing, and encouraging you to make the same fucking mistake again. I suppoort abortion.

>>12197668

You have an absolutely twisted and distorted view of things, but I agree with your eventual conclusion.

>>12197684
Tastyworks has it interesting where you pay regulatory fees + $5 to buy stocks, $1 flat rate per option (with a $10 max per leg of a trade), and $0 to close any position.

>>12197684
It's a 0.5% sweep over net worth.

>>12197601
dangit was hoping you had just read some zoomer book and was serious so could btfo your middle school political stance :(

>>12197619
what O.o
that stick will hardly fit into her pelvic brim, any bigger and it defeats to purpose of impaling

>>12197625
nope kek
she about for be executied for treason

>>12197668
at this point, it blatant obvious market telling us something wrong
people cant keep saying "the markets wrong not me"

there is systematic problem out there, humans just no smart enough for seeing it ye

yo im starting to think bloomberg is fake news

>>12197710
Hmm, I don't know about this setup. Intriguing for sure though.

>>12197711
Checked. When do they sweep? Or is it an average of the year? Or how?

is it ok for my cat to drink diluted iced tea... she's um only 14 years old... I'm pretty sure she's had scotch and gin before. The vet says she's healthy.

>>12197717
we create our own problems dear.... don't you know already?

>>12197736
Don't risk it broski. Supposedly they sell catnip tea, try some of that.

>>12197742
oh i have a few bushes of that, she likes to lounge iin the sun when its coming in.

They must know that we're shitting our undies.

>>12197736
Aww I didn't know you had a kitty kot! I feed my cat sharp cheddar cheese every day, but she won't eat mozzarella or swiss. She will accept a Mexican blend if she's hungry
>>12197717
No I'm just a hyper-treehugging radical centrist. Orange man and hildawg both are bad but for different reasons >:(

>>12197559
Based radical centrism is where it's at
>tfw burgerland is getting as far to the extremes as possible
This is exactly what Alex Jones and the geriatric elite want.
The Economist is the only rational voice in the modern era

>>12197625
Has anyone ever been ok?

>>12197748
Make some tea outta that shit. I've never done it or even owned a cat, but i asked jeeves and thats what they said

>>12197742
you kknoow what... we've probably argued, but i'll make her get off her fat ass and give you a picture. shit is she reading my typing, this cunt got off my lap all of a sudden....

Doubles decides my trippnigger alias

>>12197772
Rolling for
"IAMAGIANTFAGGOT"

>>12197777
Fucking QUADS, suck it broski

>>12197777

You are 100% CONFIRMED to be a GIANT FAGGOT.

You must be holding Chainlink...

>>12197717
How am I supposed to spread fear throughout the lands if my sticks are barely 12 inches high
you need to make a statement

>>12197734
Oh jesus I'd have to look a statement and they are in a safe. I don't remember desu, but I THINK they do 1/12 of the 0.5% monthly. I could be totally wrong. The money market account they put my spare cash into almost pays for the sweep though, unless I'm figuring wrong.

Now that I started a 401k, have a RH account, and a RJ broker I'm honestly toying with the idea of shutting one down. My 401k is 100% VT because I have my other portfolios that I manage, so it's an insurance policy. Is that fucking retarded?

>>12197777
Ok, this is epic

>>12197794
I don't know enough about VT to have an opinion. I don't even look at anything with less than 8% yield. Is it retarded? Probably. Should you stick with it? Probably.

>>12197805
AND HE DELIVERS!!! What a class act this guy is. Shouts out broski.

>>12197777
>>12197772
You asked for it, you better deliver.

>>12197817
>>12197819
Of course I'm keeping it lads

>>12197821
This really made my night lol. And drunk baggie too. Isn't this better than gay commie discussion?

The cat pic.

>>12196704
>watch youtube videos
>get RH
>buy naked calls or puts with small amounts
>lose money
>rewatch youtube videos
>try again using spreads
>slow bleed
>rewatch youtube videos
>trade more with caution and small amounts
>repeat until you understand and start making money, or not

>>12197838
>>12197742
She's actually the sweetest most affectionate cat. See how she's standing on the grass. I get it she's a refugee from Hurricane Katrina, but she's actually great at sleeping and destroying furniture

>>12197810
VT is a total world stock market ETF. 98% of all stock. Ultimate diversification with a dividend yield that beats SPY. Basically I'm dumping my 8% match into the entire market, because you really can't fuck that up. It has over 8,000 holdings.

Seems too simple though, like I'm missing something. Probably an opportunity cost for being a brainlet and not being able to capitalize on market swings.

>>12197843
spreads are a totally different thing...

>>12197835
I still don't know what pinkos are doing on /biz/ let alone /smg/

>>12197881
well i am a jew, and make it abundentley clear I don't go to christmas parties. This global warming shit is awesome it was like 60 degrees, I still haven't garaged my corvette. This has been a great year. Thanks for all of you sharing time with me while we watch the world burn and profit the whole time.

nude thread
>>12197905
>>12197905

>>12197881
Better bantz

>>12197838
Your cat is cool in my books broski

>>12197876
One of my favorite quotes is "don't get bored with routine success". If you have a strategy and it is working, no need to put money on a new strategy. A lot of people lose track of paper trading once they put some real money in. Try some shit on paper trading before you just go throwing money at it. I think you are good where you are at.

>>12197881
I was told the red brings em out, like capitalism itself is collapsing.
>Commie
>Retard
Story checks out

I'm out. Goodnight broskis. I'll be around.

Transgenders are big gay change my mind take the L

>>12196052
Except looking like the guy on the left means people will just give you money.

>>12197985
Lesbians are the only true heterosexuals
t. lacan.

Just buy the dip

>>12198339
I’m gonna

>>12198549

What is safer in the coming calamity, Liquid assets or rent?

>>12198339
The dip wont be what you think it is.

>>12198749
I'll buy that dip too!

>>12198686
Probably liquid assets, assuming big drops in demand even the inflationary pressures of the labor market and tariffs won't cause cash to loose major value in the medium term.

These are trying times

>>12195916
Where r u that Drs r Korean? Korea?

Fuck you Jeremy, I fucking hate you

>OMG GUYS
>Facebook is massively oversold at $180
>it's the easiest buy this year!

I'm down 25% few months later