/biz/ - Business & Finance

niggers tongue my anus
>verification not required

SQQQ and Party City

First for gay niggers.
https://www.youtube.com/watch?v=iWa-6g-TbgI

>>51277422
Wise words of /biz/
I’ll go next
>one mans thicc is another mans sticc

>>51277446
Wrong, chud.

Airplay 2 is pretty fucking dope. Droidlets could never.

>Tweets from the future, a thread

>>51277509
More likely the acquire Chennai.

>>51277422
>>51277439
>>51277446
Wow. Lots of based posts today.

>>51277509
2/x

BBBY's CFO jumped from a skycraper and committed suicide, lol.

All this does is feed the baggies' delusion. They are writing more corporate fanfic as wee speak. It's crazy. Have you seen?

>>51277557
Forgot pic. Gustavo Arnal jumped from the Jenga building. Very sus

>>51277557

>>51277557
Imagine all the short interest on BBBY. This is bullish

>>51277555
3/x

>>51277576
>>51277580
Hivemind

>>51277557
it's sad that both bulls and bears are using this CFO suicide as a means to further embolden their arguments when in reality the guy probably had mental health issues
>hurr durr i'm buying more and holding for muh dead CFO
>hurr durr it's a pump and dump, not a dump and jump XD
>guy prob just wanted to die and didn't put much deeper thought

>>51277509
That’d be hilarious.

>>51277531
+1; they’re very indian.

>>51277555
Apple still has largest market cap despite slower levels of growth, I believe…
We’ll see how long that lasts.
I’d hate to see that fucker owning any authentically valuable companies though.

>>51277422

>>51277717

>>51277591
Low effort. Just like Californian grid operators.

SOXL will win NOW!!!

>>51277764

>>51277717
I have a feeling there are better things to spend your gains on besides this but nothing really comes to mind.

>>51277679
Boo hoo. The faggot banned My Pillow because of muh white supremacy

>>51277840
I was referring to my 4/x post as low effort, anon. Because CA will sure as shit be having the same blackouts in 2024.

Hell, probably worse.

>posted specifically for a triggering effect

>>51277926
Because killing that many people with knives shows how utterly retarded gun control arguments are. You don't stop mass killings, only change their forms.

>>51277439
my man

>>51277962
>wrapped in foil

>>51277978
Ew
Those holes excrete waste

>>51277962
>paying for a car which includes the price of the finish of the original material
>paying extra to cover that material with a matte wrap

>>51277679
He definitely got killed

>>51277557

When the CFO of a company you have your life savings invested in jumps off a building that's bullish as FUCK

>>51278041
Blasphemous!

>>51278041
so does your penis and you keep yanking on it

u mad yt boi?

>>51278041

>>51277962
>>51278134
The matte wrap is such a flex that you have cash. Nobody does it unless they have money to burn.

I will not be eating the bugs

>>51278168
look at this nibba who pulled up on me. he had the plaid though I cant really compete I am a lowly p100dlet

Intel

>>51278134
>cookie cutter suburb
>tesla
oh nonononon

>>51278191
>posted from his mothers basement
oh no nono no nono

>>51278183
You just got mogged by that color scheme

>>51278212
I bet there are plenty of anons here who would let him fuck their wives.

>>51278041
If you aint licking shitters like fritters you def gay

>>51278055
Guess what nigger. I ALSO PAID FOR IT TO BE FACTORY PAINTED BLUE BEFORE I WRAPPED IT.

AHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAH

>>51278134
>Tesla in Texas
NGMI
I guarantee your neighbor with the new f-250 makes fun of the faggot across the street who drives a Tesla

>>51278183
I couldn't imagine paying 30k to fix a broken ass battery. Enjoy your soi points

>>51278259
I have a 20kw solar array and both of my neighbors wives oogle my tesla.
>>51278270
>8 year warranty on batery
what did he mean by this?
>>51278259
lmfao that thing costs more than monthly car note just to operate.

So KHC sold its B2B powdered cheese business. Judging from the name this won't effect the powdered cheese the company uses in it's own products right?. Be kinda lame to sell a key ingredient that makes up "Kraft Mac & Cheese" to another party.

>>51278202
i'm in the attic take it back

>female broker reported me to IRS for 100 dollars capital gains not reported
>swat vans are down the street

going to jail soon anons what do?

>>51278327
Do the needful

>>51278295
>12k gross income
>2.3k bills including home+gas+electricity (which includes all my driving)
>9.7k disposable
NOOOOO

>>51278327
Now instead of paying taxes, you get to live off taxes.

Prison is NEETing without having to justify yourself.

>Futures

>>51278418
>250$ per day when you get out

>>51278469
Wait, what? Really? Is this some retarded lib program that pays prisoners not to reoffend?

*sips*
Ahhhh, yep. The market keeps dipping, and I keep selling more puts on NET.

How much money should people have in their savings? I have only a little over 100k but it just feels like nothing, even though I never have an issue with bills and the amount steadily goes up.

I'm currently so full I can barely move. Going from my hamchad ways to one meal a day to back has wrecked me. Had pulled pork. I'm now watching twin peaks fire walk with me and getting high. Just waiting for SOXL to recover tomorrow.

>>51278514
No, it's what you owe after your stay. In some states they charge you for taking care of you while in prison. They'll even include medical bills retroactively, that way when you get out you're saddled with crippling debt and no way to get a job good enough to pay it back! That way you go right back to crime and get caught again or kill yourself.

There's no fucking way this thing was only tested on 8 rats, right?

How do I save my friends. How am i the crazy one for thinking all these deaths might be related to the \//\X?

>>51278384
impressive, very nice. yet you still feel compelled to brag on a polynesian duct tape manufacturing forum

>>51278534
Money in savings is effectively part of your portfolio, just allocated to cash. Similarly, equity in your home is an allocation of your portfolio towards real estate, the value of cars you own is an investment in that asset class, etc.

Is 100k in cash a smart move? If it's more than, say, 10% of your portfolio, probably not. But at least it hasn't lost any value YTD.

>>51278573
That sounds like made up Voxsplainer shit. I'll only trust testimony on this from, say, Martin Shkreli.

Next Powelling when?

>>51277580
such a good and fun movie. love watching this after I blow up my account trading options, maybe the best movie of its kind

>>51278629
Reed? Kek I remember watching him during the last hurricane in Louisiana
>buy TQQQ

>>51278514
>>51278595
>he thinks prison is free
haha. Noob.
>>51278588
I just like flexing on gasniggers.
>noo you cant get a EV
>noo you cant get solar
>noo you cant get a battery
>noo you cant be capable of off grid
>noo you have to be a gas fag

>>51277764
How the hell will they ever be fully electric vehicle?

>>51278534
Really anything over 6 months of monthly expenses is overkill.. But nothing wrong with being able to sock back more if your able to and especially not if it doesn't impact your other investment plans (401k,brokerage,etc). IE: your putting more into savings each month than into your investments then your fucking yourself long term in favor of short term happiness. But doing both equally hey go for it.

>>51278581
Theyre already dead.

>>51277410
https://twitter.com/TodoDiaUrsos/status/1566039888537026563

>>51278534
The average American needs at least ten million in savings to beat the 30% daily inflation.

Guys... I think I might be gay and black. How do I leverage this position?

>>51277996
To be fair it would be even lower if it were all East Asian or Jew.

>>51277540
>Wow. Lots of based posts today.

I got my Solutions Architect Associate. How do I get big bucks to buy big ghetto booty whores?

>>51278686
Was going to use half the savings for when I get a house.

I guess I'll just start doing some investment hunting.

Is there a point to having a savings account? I remember my boomer parent making me open one up for some reason but I remember seeing posts on here on how its just pointless to do so and just having a checking account is enough.

>>51277840
omfg I’d have to move to Australia or some shit

>'utures

>>51278775
Kek I don't think that's enough to get you a job. Maybe it could help you get an internship, but I don't think any company gives a shit about that cert.

>>51278581
>There's no fucking way this thing was only tested on 8 rats

what? elaborate

>>51277764
I'm going to lose my shit if there's a blackout. It happens all the time when it gets hot, but I really don't want to deal with 110 weather and no AC. Deport the Mexicans now.

>>51278384
Is that monthly and post-tax?
Fuck, I’m jealous.

>>51278792
>Is there a point to having a savings account?
It is now by Boomer design. You are unironically better off just using a brokerage account for all of your savings.
The only reason to still have an account with a bank right now are cashback memes on credit cards. Those still reward the frugal.
>1 year CDs in 1990 had 9% yield
Boomers have done far greater damage than Russia or China ever could.

>>51278384
haha tesla driver. everyone thinks you're a faggot and you drive like shit. pic related it's you

>>51278827
https://www.zerohedge.com/covid-19/data-newly-authorized-covid-19-boosters-based-mice-not-humans
>inb4 >zerohedge

>>51278803
this image was much better without the retarded frog edit

>>51278889

Io internet operator

>>51278897
I see no way this could possibly go wrong for PFE.

>>51278775
This:
>>51278812

My old employer kinda cared about those certs, but it didn’t really pay big boy bucks.
Not many will understand and appreciate the difficulty of getting the “pro” certificates either.
It can help distinguish you at stereotypical midwest companies that are using AWS at a larger company-wide scale, but you will still need to grind at least a little leetcode for their technical assessment. Finishing the blind 75 would typically be overkill for those positions though, so not a ton.

>>51277764
i'm so glad i abandoned ship from that god-forsaken shithole years ago. anybody still staying around is simply masochistic

After months (or has it been years already I dunno..?) here's what a typical summer month of expenses looks like for me currently in 2022: I make over $21 hr in case you were wondering. Take home post deductions,etc is right round 2000 a month.
Utilities (Phone & Net included): $360
Groceries (2 people + 2 cats): $500 (roughly)
Auto ins: $150 (2 cars w/full coverage)
House payment: $400
Streaming services: $30
Loan payment: $220 (personal; I bagged stocks with it)
Gas: $70 (2 cars,roughly amount)

>>51278968
That’s a lot...

Thread theme:
https://www.youtube.com/watch?v=ftzlZlRhGJk

>nordstream 1 shut down
lmfao
my shorts will print and my rent includes energy
stay winning bobros

I deserve love

>>51278792
yes it is called FDIC insurance which your cash position in a brokerage does NOT have
Your emergency fund should, in my opinion, be split across at least 2 different FDIC-insured financial institutions so if shit gets real and the Fed tries to doomp it you'll probably at least still be able to get some immediate cash from somewhere.
Now if you're 100% cash you'll get rekt by inflation of course but that's what your brokerage is for

With that said. Brick-and-mortar bank savings accounts are a meme. Online-only institutions usually at least pay some interest while brick-and-mortar is basically 0%.

>>51278968
>Loan payment: $220 (personal; I bagged stocks with it)
boomer-san. surely you can keep yourself out of high interest debt for more than a month or two... right??

>futes

>>51279057
Shit.
My savings is in schwab and my paycheck goes directly to schwab
this may be a problem

>>51279056
see
>>51279036

Can somebody pitch me a Kirby?

>>51278134

Is this where poor people live?

What a culturally devoid hellacape.

Kind of place where people need financing.

>>51279057
>>51279114
>be split across at least 2 different FDIC-insured financial institutions so if shit gets real and the Fed tries to doomp it you'll probably at least still be able to get some immediate cash from somewhere.
Rarely do we get to enjoy such distilled retardation outside /pmg/.

1) FDIC insurance is up to $250k in the event of bank failure. Nobody here has >$250k in cash in Joe Blow's Subprime Credit Union.

2) If the FDIC defaults, cuts the $250k limit, or stops covering a bank, you should not worry about your dollars. You should worry about how much food you can produce and how long your supply of running water will last.

3) If you actually want anon to go #FullyHedged /cashgang/, you'd tell him to setup a non-US bank account and allocate a large portion towards a variety of crypto wallets that he has keys for.

>>51278968
KO boomer I used to look up to you but I make more than you at 25

>>51279139
Forgotten Worlds is solid but I would skip Dream Buffet, it's a glorified minigame that should have just been included in Forgotten World instead of sold for $15. Honestly there's it much you can get from Kirby that you couldn't get from just emulating some of the old games. Play Epic Yarn if you never have

>futures

>>51279038
>go long energy
>you get a 10x unleveraged
>but you end up having to pay it all so you dont freeze to death

>>51279248
Much better than last time.

>>51279228
Scoopsies makes more than all of us and hes a pajeet niggerboo

>>51278952
Honestly I just want something part time and preferably work from home. I'm aiming to become a solutions architect. But it's going to take some time and I'd like some cash in thr meantime without much effort. I just don't really know what the hell I can do with these certs yet and Also I intend to get the professional by the end of the year. Hell I'm probably already pretty close to being able to get it now. Still want to pick up my ccna as well.

I just hope I'm able to start earning money before the market recovers. I want to literally buy spy and soxl calls every week.

>Needs more enthusiasm, you think the vaccuume will sell itself?

>>51279216
> FDIC insurance is up to $250k
Yes but there will be a delay in getting your money. The second bank is not for "your second $250k" or whatever it's so when the FIRST one defaults you can still withdraw now, today, not 6 months from now.

>If the FDIC cuts
yeah agreed then I'd unironically be /pmg/ or maybe just /k/ that's not what I'm going for here though

>for full hedge you should open a non-US account
I'm not a DAMN commie so I'm not going to do that

>>51279291
Hey, in hard times, breaking even is winning.

>>51279288
Futes are green overnight pretty much every time for weeks, +1% is typical

>>51279216
yeah, but I'm talking about cash in a brokerage account

>green futures
You know what's next,right?

>>51279288
>emerald green futures
>means tomorrow will be blood red

I wonder what macro event will tank the market tomorrow. Biden tried fucking shit up on Thursday, and Putin actually fucked shit up on Friday, so it’s the EU or China’s turn to do something retarded and tank the market further

Got my finance degree at 30 due to being a NEET for 10 years. Work in cozy state job.
What skills can I learn to make money on the side?
Do I learn 2 c0de? And work part-time?
Make 50k now. Want extra wagey to invest. I'm an excel wizard is there some type of finance gig job I should look into?

>COUP
>DOCU
>RH
woah

>>51279228
>>51279100
Kek the debt interest ain't that high nor is it long. 4 years if I decide to keep the payments at the current level. No gotcha clause if I pay it off sooner. (Some places they stick it to you if you pay it off sooner; which is why you should always read the fine print on the documents). That 2000 a month is after all my deductions at whatnot is taken out. Including what I dump into my emergency fund. You forget I also have a fat pension and a 401k. So basically all is covered by my income with some green left over each month. With more green a coming next year (6% or 12% pay hike, all depends on what the legislators do)

>>51279435
you actually went back and succeeded? damn
I'm trying to learn basics of coding on my own but sometimes I think about doing finance. Was it difficult?

>>51279372
>Yes but there will be a delay in getting your money. The second bank is not for "your second $250k" or whatever it's so when the FIRST one defaults you can still withdraw now, today, not 6 months from now.
That's already covered by credit cards (which everyone here should have a few of for cashback alone, paying off the balance in full every month). Ditto rent and mortgage payments - nobody becomes homeless due to bank failures because
>While every bank failure is unique, there are standard policies and procedures that the FDIC follows in making deposit insurance payments. It is the FDIC's goal to make deposit insurance payments within two business day of the failure of the insured institution.
-https://www.fdic.gov/consumers/banking/facts/payment.html

This doesn't apply if you're in Cyprus or Argentina or Lesotho or whatever, but juggling multiple savings accounts just because "what if Schwab goes bankrupt overnight?!" is excessive paranoia.

>>51279416
https://en.wikipedia.org/wiki/Money_market_fund#Breaking_the_buck

Your average brokerage account is even more secure because if money markets seize up, you don't have constituents calling congressmen - you have lobbyists visiting them, day or night.

Have the hidden tigers come out to play yet?

>>51279228
Unlikely after you include divvies on a 30 year stack probably set up by Merrill Lynch.

>>51279489
>That's already covered by credit cards
Does your landlord take credit cards? Mine doesn't.

>It is the FDIC's goal to
so they don't promise anything? there was at least one story a while back of a small US bank failure where depositors were waiting months to withdraw

>juggling multiple savings accounts just because "what if Schwab goes bankrupt overnight?!" is excessive paranoia
And that is exactly what kept our Silent Gen ancestors alive

>>51277497
I’ve got airpod pros and I take back everything I ever said about apple when I was 15. This shit is better than anything on the market.

>>51277764
Crazy that just a generation ago this would be a dealbreaker for Californians but now they're so third worldized that they'll accept eating shit to own the chuds.

>>51279557
>And that is exactly what kept our Silent Gen ancestors alive
didn't most of them just keep all their life savings in a shoe box under their bed or something

>>51279489
>>51279557
How do I buy stocks with my credit card?

>>51279557
>Does your landlord take credit cards? Mine doesn't.
Plenty of them do. But, again, even if your bank collapses *out of nowhere* the *very* day that rent is due, you have FDICbux in 2 days. Call it a week.

Any landlord that kicks you out for being a couple days late due to a bank failure - when, again, we're assuming only your bank failed rather than the entire financial system - was probably already looking to get rid of you.

What happened to SIGA? Did the faggots stop sodomizing children and dogs?

>>51279654
but... not if my bank is actually a brokerage

>>51279557
>so they don't promise anything? there was at least one story a while back of a small US bank failure where depositors were waiting months to withdraw
Go ahead and look for it, because I'd love to hear about that. Most likely some larger accounts had to wait that long for their entire six figure balances to unfreeze while the FDIC ~immediately made a couple grand available to every account. But that kind of boring detail doesn't grab headlines or cause people to click through to ads.

>And that is exactly what kept our Silent Gen ancestors alive
Prior to the silent gen (pre-FDIC), bank runs were A Thing. The Silents just had Depression paranoia ingrained secondhand (and suffered mightily for it - how do you think Buffett managed to get all his ludicrously rigged deals early on in his career?)

>>51279646
You use margin like a big boy.

>>51279597
They had functional banking and investment institutions, it’s more of a recent trend.

https://youtu.be/eM4zQcy0BX8

>>51279691
If your Schwab (or Fidelity or Interactive Brokers or whatever) money market fund goes to 0 or even trades below 95 cents on the dollar, you don't need to worry about paying rent to your landlord.

Because at that point you can cover it by pledging fealty and helping protect the apartment complex against roving hordes of raiders.

Reminder to invent new paradigms, every historic bonjwa in StarCraft history invented a whole new idea of how to play and broke the game. Just look at savior and his timing strategy and ability to dominate better technical players with completely new ideas of how to play. He was actually nuts and only lost his throne when a protoss reinvented the matchup and pushed multi tasking to a new level

Afterwards because of the nature of StarCraft competition every zerg adopted his understanding of the race.

>>51279435
Yea. I was in a very dark place. Realized I have people I love that can't depend on me and that got me out of my neet coma.

I got the degree online. It is from a state school and is accredited. It worked out for me because I had a job already with the state set up for me and it just solidified my position more.

If you are a neet I highly recommend getting a government job. It's not exciting, but it will allow you to have that neet lifestyle with low effort.

I did finance because I would need to take more credits for accounting and managerialism is gay. If you got nothing going on I recommend an accounting degree. If online even better. It's a plug and play degree whereas finance is more abstract. Any business degree is easy if you make minimum effort. It's not difficult, and you will surprise yourself.

If you can get the degree for cheap and maybe get a good reference from a close acquaintance (mom dad family friend) you'll be set and on your way. Just get started with something and actually reach your goal. Don't make 5-10 year plan. Goal should be enrolling or accomplishing something you can do within 6-12 months. Baby steps.

>>51278553
SOXL WILL NEVER RECOVER

Another smashing success (whites only reply pls)
my first attempt at spaghetti nigger bread.

>>51279797
for u
>>51279467

Im a retard.

There will never be another bullrun. It’s over.

>>51279779
Yeah but savior also cheated. I’ll stick with NaDa and oov.

>futures

>>51278242
it's a really pretty car, congrats on it Anon.

>>51279779
>Just take all the money on the map first.

>>51279667
Nothing. And that's the problem. No within-school or within-daycare transmission, no crazy smallpox mutations popping up, vaccines for it seem effective enough to plateau or decrease cases.

Your best bet in terms of upside is maybe some crazy spread in Brazil or India. Just somewhere showing a steady increase in new cases daily.

>>51279435
I've heard financial analysts have comfy jobs and they don't require the CPA requirements. You could look up some postings and learn the skills they need.

>>51278212
Gray is as soulless as it gets, anon

>>51279819
are there no fellow (((whites))) here to enjoy a nice leaven?

>>51279819
>I’m a monkey person.


Io

>>51279832
True but savior was statistically incredibly impressive. It wasnt just his skill but he invented new ways to play and stayed ahead of everyone because of advancing into the unknown faster

>>51279908
>eating your own jizz on bread
Absolutely degenerate

>>51279057
Retarded animefag. The cash position when I log in to Tdameritrade literally says "FDIC INSURED DEPOSIT ACCOUNT". And my other positions are covered by SIPC.

>>51279756
I'm not sure how Schwab sweep works, but didn't it take years for the Lehman collapse sufferers to get paid out?

>>51279797
>>51279797
thank you anon, I ended up getting a job waging but it's not anything that I'm going to retire off of. I hope I can find something doable and affordable. For now I will try the coding meme.

>>51279948
jealous of those fat loads I see

>>51277410
When will China crash happen or start rioting, its like waiting for the dam to break at this point but it might take very long to happen with how gutless and demoralized Chinks are

>>51279908
looks okay, i'd put some hot sauce on it

>>51280051
The big thing about the crash is that its almost entirely self contained within china. China prevented foreign investment for a long time and ironically now it mostly is set up to fail

And its the real estate, high sleed rail, construction, and banking system together about to go boom

What are some good private equity investments to look into? I want to start setting aside money every month but I’m not sure what I want to do. Vending machines look good but finding a place to put them seems to be hard

>>51280051
probably not until late next year, they're getting a prop by being basically the only people trading a lot with Russia, and buying russian shit and selling it off to get around blocks.

>>51279992
>didn't it take years for the Lehman collapse sufferers to get paid out?
Only if you were a bigass hedge fund or owned Lehman bonds, shit like that. The FDIC did a writeup on how Dodd-Frank even cut down on that bullshit if it reoccurs: https://www.fdic.gov/regulations/reform/lehman.html

But for average wagies (i.e. everyone ITT), there was never an issue or loss of money: https://www.kiplinger.com/article/investing/t023-c000-s001-what-happens-to-lehman-s-customers.html

>Lehman Brothers, the brokerage, will close its doors, but only after customer accounts have been transferred to another broker-dealer. Meanwhile, customer assets are, by law, separate from the broker's own accounts. So Lehman's troubles aren't yours -- except for the impact on the market overall, and by extension, your portfolio. The Securities and Exchange Commission made a point of saying that it was on-site, enforcing the rules to make sure Lehman has adequate liquidity and is protecting customer assets.

>What's more, Lehman, like all brokerage firms, is a member of the Securities Investor Protection Corp., a consortium that provides insurance to investors on their brokerage account if their broker goes belly up. But SIPC, which covers up to $500,000 in securities and $100,000 in cash, only kicks in when customer assets go missing -- usually because of theft, fraud or unauthorized trading. SIPC announced that as of September 15, all of Lehman's customers' assets were accounted for and that it didn't anticipate having to get involved in liquidating the firm.

>>51280112
The easy answer is an ETF that tracks the market like VTI and international which is VXUS.

If you want to get more crazy just go for reits like VNQ or FREL. They usually return a nice 3% dividend and still grow each year.

>>51279908
What's the recipe? I got a cast iron recently

>>51280051
Chinese are communists. They will excitedly die by the millions to fight liberal democracy and free market capitalism. Nothing matters to the communist but the destruction of america.

>>51280051
>When will China crash happen or start rioting
Rioting does nothing though, they know that.

>>51280112
Putting some vending machines in front a gas station isn't really "private equity". The phrase you're looking for is "side hustle" or "side income".

You can worry about private equity when "setting aside money every month" refers to 5 or 6 figures.

>>51280217
Hilariously enough crypto mining is still profitable and had usually 12-16 ROI

I'm 32 and I feel like a loser for not being rich yet. I make above average salary and I just finished CFA but my levels of ambition grow exponentially from year to year. I work on Bay St but I still feel like a loser for not making 6 digits. I'm not even Canadian. I came 9y ago and I'm already doing the average for the city. I wish I had been born in Canada or North America. I'd probably make my first million by 35.

Who else feels useless and like life is passing then by?

I want a taste of the good life

>>51279923
Yeah I was playing bw “competitively” on iccup during savior’s reign. He was a bonjwa in every sense of the word for sure.

>asians selling crude
fuck off

>>51280233
Good way to heat your home in the winter too.

No, not you, Euros. Sorry.

>>51280152
>SIPC, which covers up to $500,000 in securities and $100,000 in cash
so don't keep more than $100,000 cash in a brokerage account or you're taking a risk

>>51280246
>Crude plunges as Pengdong, city of 80 million literally no one has ever heard of before, enters 73rd round of COVID lockdowns.

>>51280237
Get off my my General loser. This thread should be reserved for Chads only, but you losers keep shitting it up

>>51280254
Funny enough I think electricy is so bad in europe its not even profitable anymore for those poorfags

>>51279819
Making me hungry

>>51280254
>>51280299
Holy jesus I take it back, you used to be able to make $0.70-$1.00 a day with a 3060 ti, but now you make literally $0 because of the crash

>>51280293
If your brokerage is that place in Boiler Room, yes. If its name has literally ever appeared in any /smg/ thread ever, then the risk is miniscule and you should worry more about, I dunno, that one company that technically owns everyone's shares burning down.

>>51280299
My favorite's that company that wants to power their mining rigs with the natural gas companies flare off their oil wells. $0 electricity cost baby.

>>51280295
Eventually the chinks will stop the covid shit, right?

>>51279836
Bobo cucking mumu makes zero sense since mumu is literally a bull. Not only that but we have more bull markets than bear markets. Bobo would be that guy that barely ever gets laid.

>>51280205
>>51280189
>>51280108
I just want some good ol Chinese genocide just like the entire Chinese history
>>51280122
Late next year? I planned myself to go all cash before 2024, which was before knowing theres something happening in China.

>>51280364
Xi's set the national congress date as October 16th or thereabouts, concluding roughly a week later. At that point he'll have a third term and be able to give up.

Stock futures rise after major averages post third straight week of losses

>>51280392
>Russian drone strike kills Major Averages near Zaporizhzhia nuclear power plant.

>>51279594
Food for thought at the very least.

2-year Treasury yield declines from 14-year high after jobs report comes in as expected

>>51280189
That is possibly the most disgusting font I've ever had the displease of reading. Please kill the creator or yourself, whichever is more convenient.

Oil prices climb more than $1 ahead of OPEC+ meeting

>>51280452
Uh, anon, the OPEC+ meeting happened. They cut 100kb and refused to elaborate.

>>51280467
based

>>51280237
if you want MONEY MONEY you need to get lucky or start a business.
the trick is that you need to understand that this is life. find a job you enjoy and try to busy yourself in pursuits that make you happy.

>>51278681
>>51277764
Uranium is the answer.

>>51280434
Very nice. Now post the yield curve

>>51280467
>>51280452
But isnt cutting oil production a good thing to deplete US reserves faster or something like China isnt consuming oil due to more lockdowns or both.

>>51280552
Less supply means more demand means higher cost.

how do you plan to position yourself in these coming months? are you investing now or waiting for buying opportunities?
i'm interested to learn more about how midterm elections affect the market during this time if you have some insight into that.

>>51280467
I'm not sure why Biden and his handlers thought they would do otherwise considering we are dumping our reserves

>>51280552
The Saudis and Arabs, somewhat rightfully desu, are pissed off about the oil price manipulation in the markets despite the supply/demand fundamentals. They've threatened to cut production much more than now. Also, *ahem* BIDEN FALSIFIED THE EIA REPORT AFTER THEY SHUT DOWN FOR A WEEK AND CLAIMED WE USED LESS OIL IN THE PEAK OF SUMMER DRIVING SEASON THAN WE DID DURING THE PEAK OF COVID.

>>51280552
They intend to "balance markets" - i.e keep WTI above 90 and Brent above 100.

US shale reserves, Biden SPR sales, and a potential Iran nuclear deal all flood the market with supply. Meanwhile Europe dying and Chinese COVID lockdowns kill demand. Cutting 100k is a warning sent in response to those things.

The key part of their statement today is actually saying they may call a snap meeting before the next one on October 5th. That's up to MBS/the Saudis.

>>51280602
They are developmentally stunted: https://www.child-encyclopedia.com/social-cognition/according-experts/development-theory-mind-early-childhood

>futures

>futes

>>51280632
>keep WTI above 90 and Brent above 100
That spread is still too far apart for me. Those arabs better get on that too!

>>51280682
Ha, they're just ballpark numbers, anon.

alright goys, I'm going to get back into investing and go LOOOOOOOOOOOOOONG

>>51280698
>wti is $89
>brent is $95
Should be like $2 or $3 not $6. At the peak of wti fuckery it was like $10.

>ghost of Christmas future

>Wealthshitmple still doesn't do options trading
what a piece of ass thrash

>>51280376
i feel retarded because i just realized that the pic you replied to is bobo cucking mumu. i always thought it was saying that mumus are braindead

>>51280237
You're trying to fill a Jesus shaped hole with money. It will never be enough

>>51279654
>>51279723
So I can't find the article on a quick search. I was hoping the anon who first posted it back then would still be here. That said. I stand by double redundancy at a minimum as a sound best practice, especially when they do NOT explicitly guarantee a response time, only suggest.

>Any landlord that kicks you out for being a couple days late
it's not just that it's the erosion of trust. which could result in higher rents. an easily avoidable fate with some advance preparation. I am assuming of course renting from a small-time human landlord as a big corporate landlord will fuck you over regardless.

>>51279756
>If your Bear Stearns (or Lehman brothers or whatever) money market fund goes to 0 or even trades below 95 cents on the dollar, you don't need to worry about paying rent to your landlord.

>>51279973
Is that your retirement account? Fidelity for example does do FDIC ensured for retirement but FCASH (default cash position in non-retirement accounts) is not FDIC ensured. Maybe TD is different in which case that can be one (of two) locations over which you spread your efund. Quite convenient if so.

>>51279797
why dont you go into financial or business law. that why you will have deep knowledge on both finance and the law. you would become very valuable to businesses i imagine. youd also have an understanding on the hebrew way of retaining your money

Selling covered calls on Coupang is a big money move. Playing theta is basic winners strategy.

i came across this dude recently;
>https://youtu.be/WGwK0Gzn1hU

hes got some good education vids on TWS/IBKR and various trading mostly relating to short term and options stuff if you are into it. probably one of the better educators ive come across.

>>51280467
>They cut 100kb and refused to elaborate
based A-rabs
still not forgiving the S**dis for 9/11 though

>>51280632
>>51280622
>>51280682
we shall cut production to pin the price of crude above 100$ per barrell.... And once the Americans run dry.... All Jewish tricks will be revealed! Inshallah

>Plusquamperfects

BTC's positive for no reason after days of horizontal crabbing at support. Prepare for nuclear green tomorrow.

>>51277764
Californian here

I don't think we will hit blackouts this year because everyone that left the state

>>51280798
>That said. I stand by double redundancy at a minimum as a sound best practice, especially when they do NOT explicitly guarantee a response time, only suggest.
Unironically if you're willing to waste the time setting up and juggling one extra account, you should set up a third at an even more unrelated bank or brokerage. Since chances are that your two primaries are systemically linked and therefore extremely likely to fail together.

>>51280861
You gotta hand it to them though. A couple guys with box cutters ultimately caused more damage to the US than anyone since Yamamoto.

>>51280872
From your lips to Allah's ears.

>>51277844
idk either but I imagine that if there is, it's illegal

>>51280940
blackouts in northern california already

>>51280515
CA is decommissioning their nuke plants and won't build more because they're run by the same dumbfucks who wrecked Germany's energy economy

>FUTURES

Hey guys, what is the backend cost of obtaining a 5-10k loan from a credit union? I understand the interest but what are typical doc prep and loan origination fees for a personal loan?

>>51280872
Based Cashoggis
Just wish i had more oil stocks

>>51279216
>Nobody here has >$250k in cash in Joe Blow's Subprime Credit Union.
Not everyone is poor like you.

My obsessive HUT buying is paying off. Thanks Bitcoin

>>51281008
I just took one out. There weren't any extra fees and I can pay it back early with no penalty. It was for $8k and I got the money the same day I applied. The interest on it is bad at 11%, but I plan on paying it back in 3 - 6 months so it doesn't really matter.

>>51281083
Me but for BITO

Why does Scoops not just get a personal trainer and get his hormones checked? He could chadify himself like bezos and zuck

>>51280237
>t.35 year old multimillionaire
Life doesn’t get better when you have more money, you’re just miserable living in a better area code and can go eat for dinner whatever you want and can drink yourself to sleep every night helped by unisom, melatonin or Xanax..... Having money doesn’t make you happy, it just makes you feel like shit surrounded by nicer things. I used to sleep in my parents house and worked at a warehouse making $11 an hour and I was actually happier then than I am now, Thank you Jesus Christ I don’t have to go back. When you get money everyone expects you to help them out and when you don’t they hate you, when you’re broke you’re just another one of the guys who is struggling and everyone makes jokes.... it’s completely different when others know you have money.... sometimes life is better when you’re surrounded by the people you’re around who know you’re all ngmi, instead of being the person who made it and they all resent you for it.

>>51281104
Thanks. And the 11% is only on the balance right? So the total interest paid for the one year loan is $484.64. (6.058%)

>>51281046
Post bank statement. Then I'll laugh at your idiocy for holding that many dollars that far from your brokerage in order to pick up a couple pennies in marginal interest, if that.

>>51280971
Hilariously enough Alabama is 30% nuclear and we've been phasing out all our coal for natural gas which burns way cleaner

>>51281173
Get rich friends. Take up golf or tennis or ironman.

>>51281173
I'll give you my bank information and you can wire me all the excess you don't need and you can go right back to your old loser friends

>>51281210
Buying foreclosures at the courthouse requires money at the day of bid. Money would take too long to be sent from a brokerage, right?

>>51281245
Pickleball

>>51281249
Sure, in any checking account*. Which you can have at Schwab or whatever. They'll even send you little paper checks.

*Unless you're in rural Alaska or Juarez where they demand suitcases of cash.

I've had just about enough of these coping futures

>futures
kek bobos. we're almost back to $400 SPY already

>>51281279
The guys at the juarez courthouse sure are nice though

>>51281260
I've noticed richfags play this, why?

>>51281260
Trendy.

>>51280942
>you should set up a third at an even more unrelated bank or brokerage
I did lol, well kind of anyways
my efund is spread out across:
> brokerage (life emergencies) - no FDIC
> national-size bank (brokerage emergencies) - FDIC
> local bank (systematic emergencies, maybe the little guys will make it, mine are kind of fuckups sometimes though so honestly this is shaky but hey at least their tellers are nice) - FDIC

I can't really think of a good way to further reduce systematic risk aside unironic cash in the mattress but that's too far for me at the time being. I guess maybe two separate local banks but dealing with one is enough of a PITA.

>A couple guys with box cutters ultimately caused more damage to the US than anyone since Yamamoto
you know, the thing that gets me at this point isn't even that they did it necessarily (though fuck them for that too), it's that they NEVER admitted it and until recently all in our gov were too spineless to call them out on it. In a better timeline, we would have bombed all the Sauds' palaces to ashes instead of droning civilians for years in various godforsaken deserts and trying to instill puppet regimes in countries that have never had a democratic gov.

>>51281363
>relaxing, thinking
LMAO holy shit that’s funny

>>51281332
it's slow as hell and easy for couples to play together, unlike tennis

>>51281299
Nigger just wait until the major reversal on actual large volume when the big guys get back from vacation. Last week was the lowest volume of the entire 2022 so far. 75% of traders weren’t even on the trading floor, pajama jews are playing with your emotions before the real players get back tomorrow morning.... Enjoy playing with the pajama jews, euros and chinks who trade the futes.

>>51280437
fuckin based jon townsend poster

>>51281368
Jesus, you've wrapped around to actually being admirably paranoid. About bank runs. Like a hobby or something.

At this point I'd say buy a safe, keep a crypto USB, gold bars & silver coins, some dollar bills, a fucking coin collection. Be ready for SWIFT to get hacked by the ruskies. Then you'll be the only guy on the block still able to make his mortgage payment.

>>51281373
They should be thinking how to make some fucking money lol

>>51281299
Either dumpling at open or we bounce off of the 50 MDA. But most importantly check em

>>51281363
>tobacco, drug use
guess that confirms the stereotype of drug users being losers and the whole "you can be a stoner and sucessful" is just gaslighting

>>51281430
Cope+seethe+L+ratio

>>51281332
It is easier than tennis and old people still want to get out of the house to move. A lot of old tennis players switch to pickleball. It is also fun to rip wiffle balls at old folk, so young people play too.

>>51281516
You might have a point if futures didn't go overnight green by 1% and then reverse to red when markets opened like 3 times last week.

>>51279374
Tbh rabbit is sold in walmarts here in wisconsin and isnt really that bad
Horse meat has some legislation preventing it from being sold iirc
The rabbit and the horse should swap places

>>51281514
The drug use for rich, motivated people is incidental rather than their life’s purpose

>>51278183
>05/22
lmao retard thinks he can afford a tesla but can't even keep it registered
>>51278259
we do make fun of them yes

>>51281363
>Softball that high
male bros... we got too cocky...

>>51281540
Plus the dogs should all be left of the cats. You never hear about them chowing down on the body when their old lady owner keels over.

>>51281173
Just pretend to struggle while investments stack?

>>51278291
not necessarily. sometimes its a good idea to unload part of your supply chain and make it someone else's problem, and sometimes its a good idea to do it yourself. since they are experts at powered cheese through decades of experience with it, they probably made the correct choice.

>>51280861
what's bad about a 25% realized gains

>>51281363
>Attending gambling establishments
I guess we know /smg/'s income distribution

>>51277764
I heard they were buying coal generated electricity from Wyoming now?

>>51281540
Original horse meat restrictions were due to a perception that horse meat was being sold fraudulently as beef and that it was less safe and more likely to be contaminated. The latter claim was false, a fabrication by the beef industry. Horse meat was legalized during WWI and became important as cars displaced horses and then the great depression happened. Horse meat lost popularity after WWII and was ultimately banned once it was no longer considered culturally acceptable, and when there was no longer any economic justification for keeping it on the market (horses are more expensive to raise than cattle for just beef, and work horses were all but retired, and wild mustangs were now protected).

>>51281618
Hell, they could be getting it from Northern Alberta: https://en.wikipedia.org/wiki/Western_Interconnection

>>51281008
>>51281104
How do you take out personal loans and what are they backed by? Your mortgage?

Let's say I got loan for a down payment of a home, is there a way to use that loan towards stocks?

>>51279057
>if FDIC insurance is need across multiple big banks…
You are fucked. We all are fucked bc the system breaks. That or they literally inflate en masse and your 250k is now worth less than 100k.

>>51281173
why did you tell everyone you have money and why not find a nice girl who doesn't know and start a family with her

>>51281643
>got loan for a down payment of a home
Jesus

>got loan for a down payment of a home
>use that loan towards stocks
Double Jesus

>>51281598
read FX Senshi Kurumi-chan AKA biz the manga. Then you will understand.

>>51281629
The horse taboo goes back to the medevil catholic church because they were more useful for war than food.

>>51281680
I should have clarified I was talking specifically about US legal restrictions.

Bong bros, did you guys elect another Margaret Thatcher?

>>51281643
Better hope you can pay it back with an end of year bonus. If not, pretty dumb.

>>51281643
you keep asking this, why don't you apply for a mortgage and find out?

>>51281561
Softball leagues for guys 40+ are pretty popular for some reason. Maybe I'll understand the appeal when I'm older/richer.

>>51281750
Softball is for girl dads and people who want to be victims of political violence. Like that leftist antifa faggot who actually shot the house whip... Republicans are violent.

>>51281363
>participating in water sports
lol dubai
also, why didn't they just say... "water sports"
they didn't make any of the others "participating in golf" or "participating in bowling." where the fuck did that come from?

>>51281363
For me, it's fishing.

>>51281801
I like cooking and fishing... we would make a good team, you catch I fillet and oversea the cooking.

>>51281786
>Attending museums
is also weird. Why not "visiting"? Who knows.

>>51281643
Maam my best suggestion for you is to just try pickleball. Don't try anything financially related with questions like those.

>>51281780
Baggie, I don't want to have to short my own political beliefs, stop this.

>>51281363
Holy fuck I just thought. I am gonna be poor for life now?

>>51281363
I like listening to music
That's pretty much it

>>51281827
I also like woodworking. A-Are you asking me out on a date baggie?

>>51281835
Look the biggest threat to our republic is actually in good hands. You don't have to worry too much.

>>51281855
So you think a surface planer is the best tool in the box?

>>51281749
>>51281749
>>51281749

So yurop and chinese markets have absolutely been heemed. When does US markets suffer the same fate?

The only thing keeping SPY around 400 is the hopium that there won't be a recession and earnings won't be damaged. Surely that is not is correct. Is it?

Europe and China are two huge markets and even in US most normies are tapped out and broke.

>>51281855
Do you remember Bob Vella or Norm Abrem.... I remember learning construction techniques and technologies like the dove tail joint.

>>51281895
Why though
>>51281865
Gotta go with a pencil.

>>51281299
>>51281430
>>51281471

We are touching 400 SPY again tomorrow. I saw it in a dream

>>51281896
>When does US markets suffer the same fate?
Well we aren't in COVID lockdown and, despite Jim Brandon's best efforts, have enough energy to keep the lights on in important parts of the country. The US will be hit by earnings and supply chain collapses from those two basket case regions, but should fare better overall.

>>51281907
Yeah your right measure once drop a pencil mark. Cut once on the mark. Fits 100% of the time and saves tons of time.

>>51278179

I know I'm late in saying it but:

>chefstore

shalom my fellow penny-pinching shyster

I really like their pre-sliced rounds for jerky, cheapest way to do it I've found.

>>51281907
I want to build something cool.

>>51281986
I designed a circuit board for a 4x2'' guitar amplifier cabinet but the woodworking part of it is super intimidating to me. Where should I start?

>>51281830
Probably some ESL Dravidian made the picture

>>51278179
>no pork

>>51282092
/diy/ can help

>>51281585
Thats what I do, made over 40K off of investments in the last month while working a job that pays me a little more than jack shit.

>>51281210
>just lose 20% YTD in the stock market like me, bro!
no.

>>51281363
>median household $50k
this is 15 year old data fwiw