/biz/ - Business & Finance

>>53149253
I know the rent is in arrears, the dog has not been fed in years
It's even worse than it appears, but it's alright
Cow is giving kerosene, kid can't read at seventeen
The words he knows are all obscene, but it's alright

I tried asking last thread and got answers I didn't understand. I just got a real job with real income so I want to start investing long term. Are index funds and ETFs still a good idea? If not what should I do?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>inb4 muh taxes
>inb4 too slow

>>53148967
Possible the only problem is, it doesnt. You are now left holding the bag and unsure if you want to sell because "me kore day and the pump will be here!" Only for weeks to pass and youre down 90%. If you sell, seeing it suddenly pump 100x would be extremely rage inducing.

>>53149127
Kek Im still using one of the 10XX series. Most games play just fine besides a few of the unoptimized games. Only reason Ive considered upgrading is because the overall computer is getting old. Of Im gonna replace a nonfaulty component I may as well just get a whole new pc. Was turned off by the prices and never bought anything. All a new build would do is allow me to play this one unoptimized game ive wanted to play again (used to work fine until it became more unoptimized kek). The only other benefit from an upgrade is faster load times for games, the pc, and other stuff. Not enough of an incentive to drop $1.5k+ for a new pc.

>>53149191
>A year is a long time when youre trading at a leveraged rate and going on all in because "stocks never go down!"
Well of course they do. But they eventually go back up. Nobody here has convinced me to stop buying yet.

thar be a happenin a'brewin

>>53149302
What are you doing anon! I gotta go but I look forward to the replies.

Top: 10Yr-2Yr Curve
Bottom: SPY

>discovered zerohedge around 2014 or so
>eventually just lurked comments sections for the boomer sarcasm and never ending tesla bashing
>could've been contrarian and stacked tesla in 2015
>missed the literal dotcom bubble stonk of 2010s

Do we just long whatever boomers on zerohedge hate? What is the elon musk bubble scam that starts around now and implodes mid 2030s?

>>53149319
Updated chart

>>53149318
I believe the filename says it all. I will just keep buying until the number is big enough for me to say no to waging.

>>53149274
If you don't care about picking stocks, index funds have been good for nearly 100 years. We're here because it's fun/we think we're smarter than we are.

>>53149340
Thanks for the magic meme lines, I'll be sure to rebalance my portfolio right away.

I'm sitting in divvy stocks saving money. Please I want cheaper prices by the end of the year.

>>53149292
With all the talk of dividends I hear little mention of “qualified dividends” which are tax preferred.

Basically there is a list of good goy companies where the IRS will tax you less for holding them. When you get to real numbers the difference is real.

Most of my passive income is tax preferred qualified divvies and tax free interest on gov paper.

For reference I have about 3.5 million marked to market invested now. 3.2 of that is in traditional stocks and bonds. I just yesterday got my Q422 direct deposit of divvies and interest and it was 25,000$. How much tax do I have to pay on that! Idk I haven’t done my taxes yet but one thing is for sure; I will pay a shitload less than if they were random unqualified dividends and corporate bond interest income

i got hurt today /smg/ and not in a good way

>another fake up and down day
who wants to bet we're getting a bullshit rip up tomorrow to trap retail bulls and heem retail shorts?

Cash gang is sitting here watching thirsty drug addicts slurp away on the tracks while a train is barreling towards them. And we can't stop them, they won't listen.

Why won't they listen? Burned listening to permabears? Habits from the decade+ bull run? How do I help them? I won't want to see people die.

>>53149378
That is NOT how that meme goes!

Jews owe me sex

How are my MULN Chad's feeling?

I'm up 66% since monday.

Half the stock is short. A huge squueze is about to happen.

Hindenburg capital is short on this and is being squeezed

Where my /biz bros at

>>53149367
see pic related

dividends that aren't qualified are added to your income and taxed as regular income

Tesla is a carmaker, not a tech firm.
Apple is a fashion luxury Brand
Amazon is a warehouse middleman

https://www.economist.com/business/2023/01/04/investors-conclude-that-tesla-is-a-carmaker-not-a-tech-firm

>>53149394
>pull it

>>53149340
Thank you for the analysis. I'd appreciate if you could speak to the orange arrows I added.

>>53149413
>Amazon is a warehouse middleman
Amazon is AWS with a bunch of promotional side hustles for it

>>53149340
>>53149421
this is why you frogs should be front running bonds

Well lads i finally cracked my phone screen after a year+

Should I upgrade it or just use the phone insurance I have?

>>53149390
Scared money don't make money.

>>53149253
help me understand what kind of accounts you guys have? a 401k with your company.. a roth IRA.. a saving accounts, ok fine but what about a taxable account? what are you doing in that taxable account, just fucking around, or buying SPY? I have extra cash that I want to throw in a non-tax deferred account and am not sure if I should take some strong boomer/bogleheads approach or what. buying Cathie funds last year fucked me hard and I guess the lesson learned here is you can lose if you choose to not play it boring.. I just want to be boring now, even with my non tax deferred account. Or I throw my extra cash into my 3.5% saving account since that's at least a guaranteed return.

semi's are worth less than sand, pretty soon we'll be moving onto full conductors

>>53149367
>>53149408
wtf wrong pic added, here is real pic

>>53149413
Tech companies are just advertising companies.

>Futures

>XLB: -1.58%
>XLC: 0.14%
>XLE: 1.82%
>XLF: -0.75%
>XLI: -1.08%
>XLK: -1.94%
>XLP: -1.01%
>XLRE: -2.93%
>XLU: -2.16%
>XLV: -1.02%
>XLY: -0.93%

>Me: 5.26%

>>53149460
no, the smaller they get the more efficient they are. They'll be producing quarter conductors at the new tsmc facility in az and octoconductors are not far behind

>>53149413
that means tesla's fair value is $25

>>53149340
>>53149421
how do people play bonds? don't they take out massive leverage like forex?

>>53149485
>octoconductors
Wasn't that the plot of Spiderman 2?

>>53149472
>tfw the weekend is 20 years away

>Gas at Costco: $2.99
>12 carton of eggs at grocery store: $5.59
So this is deflation?

>>53149498
yea its called predictive programming, everything you see in the movies is 5-10 years away from becoming reality look into it

>>53149450
I'm not scared. I'm concerned. Not for my money (it's safe earning 4.5% APY) but for everyone else.

>>53149512
According to the CPI you're doing it wrong. Your car should now run off cheaper electricity and your diet should substitute much more affordable cricket protein.

>pre-futures

>>53149526
MODS

>>53149509
>Tomorrow is already here
>Yesterday is long gone

>>53149509
>>53149540
>The 90's were 45 years ago

What are some things a Top G would invest in?

War is peace,
Freedom is slavery,
Cash is king.

>>53149556
PLBY

>>53149555
>Eventually the universe will contract and we will have to live all this bullshit in reverse

>>53149556
bail bonds

Hello, NIGGERS. did you make money today?

>>53149569
>'e jus' got the wind knocked out of 'im. Thas all.

>>53149556
RICK, LVMUY, RACE, DRPRY

>>53149590
No, but I bought a nice cardigan from Pendleton.

>>53149606
i dont buy expensive fancy clothes for myself, i dont see the point of flexing my wealth

>>53149590
Yes, primarily thanks to XOM issuing a profit warning or something. How'd it go for you, bunny weirdo?

>>53149556
white slaves

>>53149627
I mean, it's not Gucci or anything, but nice clothes are nice. Also, wool is great.

>>53149631
My puts on gme got me a tidy profit but it was a stressful few days.

>Tfw made more money on my BITO stack than anything else the past 2 months
Suck my bitcorns

>>53149670
>your rallies only make my rape hikes harder

>>53149274
yes, good income and long term, diversified (index fund) investing is one of the few guaranteed ways of making it, eventually.

when is BIL's next ex div date bros?

>>53149670
WOAH BLACK BETTY

>>53149697
>guaranteed
Your "diversified" holdings pretty much all move up and down together, and you're entering a lost decade. You'll be lucky if you're even up +5% in 4 years.

>>53149670
cries out in pain as he strikes you

Threadly reminder that dividends are irrelevant. If you want a bit of cash from your stocks, you can sell some.

>>53149462
Nice. I’m in nearly the top tax bracket at the 35% tax level with 30ish% of my income coming from dividends and interest on investments so the difference is not insignificant.

I pay over 1500$ PER WEEK in fucking taxes just on my normal income. Not counting property tax, investment income tax, sales tax, and various fees on mandatory registrations, insurance and surcharges.

FUCK TAXES! I pay a lambo payment per month in fucking taxes. Fuck it all, yes I’m mad.

>>53149670
>Fed: "We're going to increase rates until unemployment goes up and demand drops"
>Jobs report: *comes out today, stronger than expected*
>Fed:

also i've literally never been in this situation before and im gonna see if im really gonna have to average down on my tech stocks for a decade before i break even or not. i hope "not" but we'll see either way because i refuse to sell because of America truly fails I'm not going to need money, I'll just become a raider in the post collapse hellscape. That includes your bussy, anon.

>>53149716
you're not smarter than the market anon. if you were you'd be rich, and we both know that's not the case.

>>53149274
nOt FiNaNCiaL aDvIsE

50%-75%: VOO and VTI and tax loss harvest between

50-75% of the remaining: VGT

25-50% of the remaining: VNQ

There, you have total market, S&P 500, tech and real estate.

>>53149730
you could have been up 30% or more in a month on the typical argentine stock

>>53149730
Ill fight the fathands cannibal clan with my bunny raiders!!

>>53149722
>sell stocks
>you now have less capital
>receive dividends
>you have the same amount of capital (or more if reinvested)

>>53149670
Bullish

>anon asks how MULN chads are feeling
>not one (you)
get the fuck out of here zoomer trash if you don't hold MULN you have to go back

should I sell my QQQ shares?

>>53149752
but anon inflation's 30%/mo in argentia

>>53149737
I started two years ago and both years I beat the market by a lot. I am smarter than the market. Suck my nuts boomer fucking shit.

>>53149725
I should get honorary citizenship in Israel and at least an 8/10 Ukraine trophy wife for my sacrifices.

Fucking Jews man.

I have $140k cash.
when should I start piling it into sp500 index fund?
or should I try to buy a house

>>53149716
DOW will be 40K by end of 2025

cap it

>>53149759
Where do you think dividends come from?

I got a 10th gen iPad for free. Should I buy the Logitech keyboard for it or should I splurge and get the official Apple one?

How long do people hold SQQQ/TQQQ/SOXS etc for? I always see posts about anons holding them for weeks if not months and the official definition says you should not hold them for more than one trading days worth. I know it has something to do with decay but it seems like either the anons knows something they don't tell you and hold anyways or that they are stupid and taking a risk in holding it that long despite getting decayed.

>>53149803
selling a stock at down 30 percent is a lot worse than receiving dividends from a stock thats down 30 percent

We've been crabbing for six months now. When is the breakout?

>>53149777
>cresy is up 30% in a month
>argentine inflation is 30%
so you're really up? tick tock.

>>53149759
>(or more if reinvested)
whoa, free money. someone told me the stock drops by the div amount on their ex-div date but they were probably retarded

>>53149817
>that they are stupid and taking a risk in holding it that long despite getting decayed.
Bingo

>>53149780
>2 years

LMAO

>>53149817
less than 2 hours

>>53149497
tmf commons and tlt calls/puts

>>53149822
Why?

>>53149556
he inherited the eternal mussie assmad when he converted

>>53149752
the companies im invested in are good companies that are just getting fucked by the current government/central bank environment. so i see now as a buying opportunity for cheapies. if it takes 5 years for me to double my money then so be, i'd be perfectly happy with that. hopefully it doesn't take that long though, it's literally all based on when macros improve. until then i just buy incrementally and sell incrementally. scale in but also scale out. so my average keeps coming down as i book profits and then buy in again even though my first purchase was much higher.

>>53149763
>>53149406
oh look the same returns without reddit faggotry

>>53149822
From a tax standpoint it is not, depending on your other circumstances and how you hold aforementioned stock (is it in a regular brokerage, trust, 401k, Roth, corporate balance sheet).

>>53149823
you mean the breakout downwards?

Can an options guy explain why someone would do this? I am assuming this is the same trader taking both positions?

>>53149847
That answers why I'm not rich yet.

I have made money and these losses don’t affect me.
>What should I do?
Hold or sell?
>Re invest into what?
Once the economy comes back I’ll be making good profits.

>>53149983
it works until it doesn't.

>>53149879
what's tmf commons?

>>53149942
locking in now and cut one later I think

>>53149942
Trading in a crab market where it can go either way. It's the most sane option to take in this environment right now.

>>53149996
>hurr durr
shut the fuck up, you're not even saying anything

>>53149942
this is a strangle, betting on a massive move, if this was bought today it was probably a nonfarm payroll data play, no way we crab for 14 days straight. this strategy is expensive and is really only good for short duration and in place for news/data drops

>>53149942
Buy both or is one a sell? Selling a put and buying a call at the same strike is a synthetic long position. Uses less margin. Inverse is synthetic short and also less margin. Buying both is betting on a move outside of the priced in volatility either way, selling both is betting it will stay in the priced in range. Also there is leggings into and out. Looks from color and prices as selling out and buying call at 5000 strike which is a super leveraged long bet that SPX will go higher.

In short. Not enough information.

>>53150008
> no way we crab for 14 days straight
>he says after the market has gone no where since september

>>53149999

>>53150027
yeah not in a 100 point range anon

>>53150008
So this guy wins so long as SPX breaks out higher lower than than the 3800- 3900 area we have been in by 4/21/23?

>>53150027

I’ll take the other side of the bet on this crab holding till EOM.

In fact im betting a few tend of thousands of dollars currently that it resolves to the downside. We are obviously going much lower and the fact that it’s so obvious is the only thing that gives me pause.

>>53149789
put your money into 1 month bonds until you figure out when you want to reinvest
doesn't make sense to be holding $140K in cash when you could just buy very short dated bonds
you can buy them on the treasury website
do not buy a house now
prices are going to come tumbling down in the next 12-24 months
terminal rate is also moving higher, near 5.4%, which will make mortgage rates also rise
wait for the increase in mortgage rates to cause the housing bubble to crash to buy a house, it's imminent, based on all the housing data released over the past 3+ months
wait to pile into S&P500 for a month or two after the Fed pivots and cuts rates, or when it hits around 3300 SPX

I think I have too many chilis in my taco mix

2023 will be a year where for the most part I merely let my divvy reinvest and my growth stocks do what they do. (So no adding additional funds). If 3200 knocks then SWPPX will see a nice influx of funds. But that'd be the only way. 2023 is all about debt reduction and dealing with "shat happens" things as well as stuffing my Emergency fund with as much green as I got left over.

>>53149746
That doesn't add up

>>53150027
big tech earnings unironically kick off in 2 more weeks. no way market stays locked for much longer

>>53149722
Threadly reminder that dividends are your enemy. Free cash, just for holding something? That's a handout. Charity. An insult. Money for cucks.

>>53150079
You are like little babby

>>53150055
yes, but you only make money on a strangle when one side gets 100%. also could be some sort of spread no info on whether its buy to open or sell to open or a combo. i always assume buy to open

>>53150079

>>53150160
I added a half bag of dried chilis
I think it said arbor or something

>>53150008
too complicated. i just buy and sell shares and have a stop loss and a take profit.

Who else bought the bottom of oil today?

>>53150210
nothing wrong with dollar for dollar, but they can also be a tool. like buying a soxl leap put november 2021 and exercising november 2022, assuming you buy commmons in blocks of 100.

>>53149817
>>53149845
Someone needs to make a bell curve meme.
>Left side: "Durr what's volatility drag"
>Crying midwit: "Nooo you can't hold LETFs more than 5 minutes because of volatility drag. The brokerage disclosure said so!"
>Right side: "Volatility drag is a rounding error compared to the effect of 2x or 3x leverage"

>>53150255
t.Soxl baggie

what the fuck is going on?

>>53149253
anyone want to explain to me what the fuck just happened today?

>>53150268
the big one.....

>>53150267
Would you have been better off last year buying and holding SOXS or buying and holding SOXX?

Once you understand that question, you will be enlightened.

>>53149456
I just opened whatever kind of account etrade has dude, idk. its all just for fun to me, i mean long term i am wanting to retire early off my earnings and buy a fishing boat in the next few years but tjose are just goals i set to give me something to work towards its mostly just for fun. I assume most folks here are similar, i know a lot of the namefags and avatarfags use robinhood or did until recently.

>another episode of green futures after a red day
would you look at that? who could have possibly seen this coming?

>>53150268
setting up the next gamma ramp bear rally, and also front running the new 52w low, pivot at vix 40+

>>53150268
Wouldn't it be funny if the MM pumped it to shrek all those puts? ha ha

>>53149817
the direxion website even has a small pic to explain volatility decay but lots of anons seem to completely miss it

>>53150274
Yeah it continued the trend we have been on for over a year. where the fuck have you been?

>>53150253
>ike buying a soxl leap put november 2021 and exercising november 2022
>leaps on a 3x fund, especially puts
Extremely dangerous anon be careful. SOXL will reverse split possibly and that wrecks your options.

>>53150299
yeah retail doesn't have the money to do this, everyone gets a turn i hope you don't fight the trend

>>53150300
Do you buy anything with a higher expense ratio than VOO's 0.03%? Why or why not?

>>53150274
The market said "so you're gonna pivot on rates, right?" and JPow said "no. fuck you and yo mama." for like the twentieth time in a row.

>therapist intake form asks about history of suicidal thoughts
I should write down "Yes but only because of Jerome Powell"

2500 $80 calls for BBBY jan 20. Had to pay $1500 in commissions at my broker, lol

Expecting a merger or acquisition announcement on tuesday.
If it hits, I'll be a millionaire overnight.
If it doesn't, next month a new gamble

>>53150314
I get what you're saying, but that also implies institutional money isn't out to get each other as well.

>>53150268
The calm before the storm

>>53150274
>>53150335
Did he say it at open or at a particular time today?

>>53150338
Come now, tons of therapists have to hear people whine about financial problems. That's nbd.

>>53150268
so.. basically, what is going on, is that everybody, and I mean everybody (every big fund / money manager) is gambling on the market, passing shit off to a great fool, more than ever before, in history
people are buying these puts, but then they sell them the same day, or sell them the next day
so there is never any big build up, and the slate is wiped clean
it's (one of the reasons, beyond JPM manipulation) that VIX has remained suppressed
in other words, everyone is playing the greater fool game, nobody is investing
everybody is day trading
this is unironically what is going on

>>53150343
a merger that would more than 40x the current price of the stock

why

>>53150359
>ai replaced daytraders before mcslaves

>>53150367
Memestocks will do crazy shit sometimes

>>53150268
Well, what’s happening in now is that absolute fools are buying stocks and everyone else is buying downside and volatility. Unfortunately this means the crab market continues cause it puts (((the market makers))) in a delta neutral heading position so we trade SPY 380 +-5$ till the outs expire worthless and or they flip the flow around.

One of three things will happen going foreword. Crab, Crash, Covering short squeeze.

Place your bets. Everyone is betting on a chprash so that is out. Crab is the underdog so we crab. As we crab the sentiment shifts to consolidation for an up ove so bears shift to bulls and skew us to downside risk reinforcing the crab which shifts crabbers to bears and the cycle continues


Basically we are stuck in an infinity crab loop cycles of tangential volatility crabness, a technical term for the oscillatory price vol inversion theta burn gamma squeezes that have been ongoing.

In layman’s terms; SPY 380 for the next thousand years as nations fall and rise, men come and go, currencies rise and fall. SPY will be there trading in a five dollar range till the sun explodes.

>>53150355
he said it yesterday and today is just the continuation of that.

also:
>futures

>>53150383
>infinity crab loop cycles

>>53150289
SOXX isn't a bear etf

>>53150399
Ah ok. I glanced at open for an hour or so and it was sort of climbing a bit but walked away.
>futures
I dont see how friday will be a green day.

>>53150383
>Basically we are stuck in an infinity crab loop cycles of tangential volatility crabness, a technical term for the oscillatory price vol inversion theta burn gamma squeezes that have been ongoing.

this, 30 year Nikkei market is where we are unironically heading.

Only doing boomer mutual funds. I trust you guys more than most. What's the state of the market?

>>53150359
yeah, it really is. I'm still following many youtubers, all of them are short term bullish expecting a pop to 4000 clear out the shorts .
but still all of them have a bearish long term thesis, and don't want to hold anything for long.

earnings will probably drop but until we get that confirmation in the actual reports we might crab forever, given how big the selloff already was.

>>53150383
The Crab Cycle™?

it feels like futures have never been more worthless

>>53150406
This guy gets it

>>53150416
So being bullish or bearish on semiconductors mattered more than whether an investment was 3x or 1x. This tells you that the "never hold leveraged ETFs" advice is not focusing on the most important factor.

>>53150457
So I should buy when I feel most depressed?

>>53150443
tech is dead and never coming back
wu flu is killing china dead and throttling the entertainment industry
supply chains killing ag and oil

the only upside is potential of AI but that will only last until Trump takes office and bans it

What do we do to help the youth of our united states not to think the stock market is a rigged game? Just think of how much they lost on things like gamestop, bitcoin, and SOXL.

>>53150031
Peak fertility

You have to put in some effort to push it in. You pull put and 2 weeks later she still is pregnant

>>53150457
I started buying at the "Fear" portion. My plan now is to keep buying through the "Despondency" portion and eventually make profits when "Optimism" comes around again.

>>53150382
yes, but betting on anything 40xing in two weeks is retarded and i'm inclined to believe you're lying because I doubt anybody would be retarded enough to think something would 40x in two weeks.

>>53150455
Well they are the future of us after all.

Man’s hubris has been his undoing. It was all for nought. Mark the market to zero now and just start over.

i've been learning TA

>>53150485
>>53150464

Solid strategy. I do so but with the inverse as I am short so I sell hedges against my shorts at euphoria and cover my hedges between panic and capitulation.

>>53150506
based

>>53149670
>the jews will burn the world down because I refuse to sell my shares
god I hope

>>53150474
zoomers believe anxiety attacks are a real thing. they're not cut out to trade. let them put money into 401ks or roth iras and leave them to their wagecuckery

>>53150506
Needs more cycle brackets.

>>53150510
Well I've been depressed for 20 years and don't see that stopping
So DCAing it is...

>>53150506

>>53150486
There are plenty of M&A theories I'm not the only one. Open interest still rising.

>>53150506
>When Elliot waves are like the waves off the coast of my Florida condo

BBBY is such an enigma. This shit seriously had a $16B market cap 10 years ago and now has a $150M. How does a business fuck up THAT badly?

>>53150460
>So being bullish or bearish on semiconductors mattered more than whether an investment was 3x or 1x
Okay? It's not a fair comparison

>>53150547
The board and executives being replaced with bad actors put on by short hedge funds.

My new strat is to buy and sell to only make $2 or $10 at a time. I'm currently have OTLY and it should go a little bit up tomorrow when I'll sell and make $3 and then move to the next one.

>>53150255
t. soxl baggie

surely you wont have to reverse split to keep your investment from going to zero. CHOP
CHOP

>>53150506
Is this deflationary?

>>53150576
It's stationary

>>53150567
How high is SOXS going before coming back down to earth? I’m thinking like $60 - $80 by eom

>>53149274
Yes, in fact most retail investors and active funds faily to outperform the index

VTI and VXUS, or VT if you really wanna chill. Also make sure you are maxing out your roth ira, hsa, and company matching 401k

reminder to kek the gme baggies today

>>53150506
Don't forget the macd, and make sure the bollinger bands are aligned. Oh and be careful of Fibonacci's revenge.

>>53149456
My case I've got a pension and a 401k via my workplace. These are my main retirement accounts. The e-trade account is for fun and extra pocket money and something which I can also pass on to my heirs instead of simply going "so and so get's a fat wad in this amount" in my will. Also have an Emergency Fund ("just there";not touched unless things go to hell for me) and a small savings account at my primary bank (to cover life's little shats that get tossed at you)

>>53149885
because you don't have a 30% loss on anything and if you DRIIP you DCA while down 30% automatically

>>53150557
Fuck off conspiracy tard. This shit happens all the time. Look at GE, hell look at meta or Tesla. Sometimes companies just die.

>>53150548
Well now you have the understanding that over months, quarters, or years, LETFs can have positive returns and beat unlevered ETFs.

With that in mind, your brain should not explode when we look at cases where the LETFs beat *comparable* unlevered ETFs.

For example, 2022 was a great year for energy but very volatile. Lotta volatility drag on anyone buying-and-holding levered ETFs. Must've been brutal! So would you be better off if on January 2022 you bought 1x levered XOP or 2x levered GUSH?

I'll leave you to check the charts yourself, but I think you know the answer.

BBBY declaring bankruptcy and CSCO doing a shitload of layoffs. Guess I know what I will be shorting and doing puts on.

>>53149253
I've seen so many youtube videos about 'investing for retirement', about consuming ones wealth once you're old or especially that 'die with zero' garbage. Why are people too fucking retarded to think beyond their own lifetime when it comes to investing? It feels like a lot of people would rather throw out all their money for literal garbage out of spite than to give it to their relatives and to build something that is larger than themselves. When you think beyond a timeframe of 80 years it is almost impossible not to build up mountains and mountains of money.

>>53149925
most people would rather pay 15% on dividends than lose potentially tens of thousands of dollars on current and future equity after selling in a bear market

>>53150609
Do you think AMZN will join them too? They lost over 50% of their market value in less than a year kek

>>53149253
China

>>53150622
My goal in life is to die older than 100 with great grandchildren and an estate with millions

>>53150567
Your 1x levered positions have twice as much volatility drag as the 0.5x equivalent (i.e. selling 50% of your position for cash). Make sure to sell half of, well, every ticker you own. Wouldn't want that chop to get you lol!

>>53150609
>Sometimes companies just die
Sometimes companies just get pumped. Tesla isn't doing any better or worse since their stock plummeted.
HKD had a 200% day yet you think BBBY can't squeeze.

>>53149925
I'm going long on real estate in my VNQ and love it being down 30%, buying for cheap

>>53150599
If that E-Trade's your fun account, why are your tickers so boring?

>>53150547
No idea.

>>53150474
how tight are their bussies?

>>53150522
i day trade and also i have panic attacks. am i just insane? i don't get anxiety over day trading, i find it exciting and have a good strategy that manages risk. the only indicators i use are 2 EMA's.

i could be down $1k day trading and not panic. but movie night with co-workers is still something im not sure im capable of handling without humiliating myself. it's a rough life, bros.

>>53150622
Boomers are retarded and killed off generational wealth
Millenials aren't getting shit

>>53150672
Enron was fraudulent, so their rapid fall was justified.

BBBY just took out retarded levels of debt and did absolutely nothing about their declining market share for 10 years straight.

>>53150557
>>53150547
>>53150672
good to know. glad im sticking with AMD where the management is immaculate.

>>53150689
i had a panic attack (not knowing what it was) after I lost 95% in my crypto. it eventually recovered but it was not a fun time.

>>53150703
>generational wealth
Boomers are retarded but your wealth is your own doing. Millennials just like to live in expense cities and spend their money. When they do invest they are retarded. More of them own crypto than stocks, and next to none fill their roth or hsa

>>53150703
>Millenials
Millenials are idiots. They all quit their jobs whenever they feel like it and most arent going to ever make any decent wages because theyre losers. Just go browse antiwork and see how stupid they are. No ability to deal with any pain.

>>53150474
Well it is…

>>53150728
>>53150730
I don't disagree but it used to be a rite of passage almost to retire with grace and use what you built up in your life to give back to your kids and grandkids so they can one day do the same
It's absolutely fucked boomers shit all over that because they want another shitty boat or whatever

>>53150703
your family just didnt gib you money because youre a homosexual

>>53150730
All my friends order door dash everyday and buy a shitload of weed and edibles and alcohol. None of them save money or wait for things to go on sale. Even "cooking at home" is just hello fresh

>>53150723
i don't trade crypto. i day trade the most active stocks every day that are around $100 per share typically, like maybe $50-150ish. i like brand names too. honestly wind up trading FAGTMAAN stocks most of the time, like AAPL and recently a lot of TSLA because it's fucking cratering for who knows what reason.

that's why i love day trading technicals. i don't have to know shit about why a company is volatile and highly active, i just need to know that they are and the rest is probability & statistics for scientists and engineers.

>>53150723
I lost 60 pounds trading crypto from the stress it brought me despite being profitable in the end. Crypto being open 24/7 caused me way too much anxiety for it to be worth it.

>>53150728
my parents live in a multi million dollar house in an expensive city and never bought stocks in their lives and you act like zoomies are entitled retards lmao

>>53150121
Priced in

>>53150753
>use what you built up in your life to give back to your kids and grandkids
Oh wow, work your entire life so your kids who dont even visit can spend it all on weed. Previous generations didnt really leave that much. Some yes but to expect to live your entire life for kids is silly.
>>53150759
Yeah same except im in middle america so its vape and chew instead of weed around me. Any job thats slightly challenging isnt good enough for them and they wont deal with it.

>>53150775
And? Your destinty is your own. Bitch or make it loser

what's the DTE of grandma?

NAT GAS absolutely heemed me

I bought boil at 35

>>53150822
Buy the ticket, take the ride.

>>53149627
I'm not a fancy fag but my wool sweater from Saint James is something I'll give my kids

>>53150756
Nah I'm getting the house

>>53150834
One ticket sir

>>53150790
>Oh wow, work your entire life so your kids who dont even visit can spend it all on weed. Previous generations didnt really leave that much. Some yes but to expect to live your entire life for kids is silly.
Maybe don't raise your kids to be hedonistic faggots and be a role model. Sure there's a risk for them to become faggots anyway, especially due to the kind of society we live in today, but upbringing is plays a huge part in it, too. To be pessimistic and to give up because of the risk from the start is idiotic.

>>53150822
>buying BOIL
there was a time a few months ago when nat gas was up almost a percent, yet BOIL was red for the day. that's when i realized BOIL is a scam

>>53150847
Unironically when I'm bored I'll trawl through ETF DB or search for meme tickers and buy a single share of whatever. Then I'll watch it move, like a fish whose tank I don't have to clean.

>>53150854
Yes and most boomers didnt raise good kids. Pretty much every generation in this country sucks right now. But most people didnt even have anything to pass on to the next gen. You just helped each other out and worked until you died. There was no retirement rite of passage because there was no retirement for anyone. Most millennials have a college degree. Get a job and stop doordashing and taking ubers.

>>53150854
This desu. I spent a lot of time teaching my basic sis about the degeneracy of options and shes completely anti drug. I made it obvious that these things in life are because people lack self control. They are losers. Faggots.

>>53150790
>Oh wow, work your entire life so your kids who dont even visit can spend it all on weed.
That's on you for being a retarded parent boomie

What are the best wide dress shoes to invest in? I should wear a 10.5 but no shoe is wide enough for me. Best I can do is a very uncomfortable 11EEE oxford but I can't these 8 hours every day.

>>53150615
>So would you be better off if on January 2022 you bought 1x levered XOP or 2x levered GUSH?
They've performed about the same. Volatility has chopped away all the upside GUSH should've shown this past year, given it was such a bullish year for oil stocks. That mere rounding error of volatility drag has rounded away all the GUSH gains.
However, this comparison is irrelevent. XOM has destroyed both. ETFs are made up of companies, in the end. With passive tracking sector ETFs, there are always a few companies that are obviously dogshit, and can be disregarded by intelligent investors. There's no need to force a comparison between the leveraged ETF and its unleveraged equivalent when you could just invest in the best companies that make up the index. For semis, NVDA and AMD have handily outperformed, both up massively over the past 5 years while SOXL in the end was flat. Even during the periods of time where SOXX is uptrending, NVDA + AMD have tended to match SOXL, while taking less downside risk.
So while you can brag about how much better SOXL is than SOXX, the reality is that SOXX fucking sucks. It's irrelevant. No one here holds that shit. Even still, over a 5 year timeframe SOXX is up nearly 100% while SOXL remains flat.

>>53150600
If it's a dividend-paying stock, you do have a 30% loss because the market value of your position is down 30%. Even if you don't sell.
If a non-dividend-paying stock seems cheap and you would reinvest the dividend if it paid one, then hold instead of selling shares.

>>53150945
>There's no need to force a comparison between the leveraged ETF and its unleveraged equivalent when you could just invest in the best companies that make up the index.
The lesson of unleveraged ETFs vs. their leveraged equivalents applies to "shares of the best companies" vs. LEAPS on those companies.

>>53150911
1. don't wear brown in town
2. don't wear a loafer unless you are senior VP or higher
3. it must have a cap - no cap is for dress events
cap toe oxford black
then invest in orthotics. but if you buy a good shoe, you should feel comfortable wearing it after wearing it in

>>53150666
Well lol cause I like the companies maybe? And in the case of VZ my phone provider.

>>53150762
This is the style I would like to achieve. What is the gist of your methodology, and does it work well?

It's over. Stocks will never go up again.

It's begun. Stocks will never go down again.

>>53151007
Stocks will keep going down at least until they start going up again. We will know for sure when that happens because price changes will switch from a downward direction to an upward one. The main indicator that we can use to identify this switch is that we will start to see stock prices rising instead of falling. That will tell us when returns on stocks have begun changing from negative to positive. With positive returns, that means that stock values will be growing rather than shrinking. Thus, the prices at which stocks are bought and sold will be going up instead of going down. In fact, if a stock's price is changing, then that means it is either rising or falling.

>>53151007
MO and BTI will be the best stocks the next 20 years.

>>53150880
This. Cant stand the constant worship of "the greatest generation" that is largely responsible for the world we live in today.
>social security
>US military co-opted as JDF
>Removal of the gold standard
>Allowing communist to infiltrate every aspect of our country cause "McCarthyism bad mkay"
I could go on & on.
>TLDR: they deserve to be the punching bags for the nursing home monkeys

stocks aren't real

>>53151030
Boomers arent the greatest generation fyi. They are their kids. I dont know if you were being literal or just saying all of them.

>>53151021
This copypasta is more coherent than most winners of the Nobel Prize in Economics.

>The celebrity CEO has his own fertility clinic that he owns and has been a huge proponent of making as many children as possible, but just took away that same benefit from all his employees. Apparently he only wants one future Genghis Khan. (Elon Musk)

>>53151064
No, I specifically meant the WW2 greatest generation, in addition to boomers.
All are awful.

>>53150615
REAL NIGGAS BUY NRGU

t. 200$ cost basis

>>53150822
I bought calls for tommorows technical bounce but its going to keep bleeding until freeport opens up again

>>53150978
Well I'm not gonna argue that one with you. I hope more people continue to buy calls. I make plenty of money selling covered calls (and puts) to movice traders that get their first look at leverage and convince themselves they've discovered a free money glitch.
Just don't buy ETFs or calls on ETFs please.

Honestly, if you just find the perfect play and make the perfect timing with the perfect strikes, you could easily turn a dollar into a million.

>>53151086
>All are awful.
Yeah agreed.

>>53151072
We should formally nominate it to the committee next year

>>53151087
The 5head play is swapping between GUSH and NRGU to dodge the taxman.
>No it's not a wash sale, see? This one is 2x leveraged instead of 3x.

>>53151093
>you could easily turn a dollar into a million.
I have, anon. Largely thanks to LETFs, but also thanks to plenty of calls.

You shouldn't *always* lever up, but if you have a good play, you ought to exploit it to the full extent of your risk tolerance. Jerking yourself off with shares or fearing tickers with "x" in their name is, as mentioned earlier, midwittery. Many of you guys are smarter than that.

>>53149583
You know what? I'd love that.
I can't wait for Party Rock Anthem to be in vogue again.

>>53151131
>I have, anon. Largely thanks to LETFs, but also thanks to plenty of calls.
Well congratulations then. You're a survivor. No wonder you're biased.

Meanwhile, millions of dollars in others' accounts have been blown away due to this same misunderstanding of basic risk concepts such as the Kelly criterion. A lot of their money has gone straight into the pockets of players like me.
You're like a professional poker player telling novices to go straight to the high stakes table. Meanwhile, I run the casino.

>>53149390
I dropped 30k on stonks today faggot

Oopsie poopsie
https://youtu.be/q6GyTBVAF4w

What is everyone buying up right now? Anyone still in on oil?

>>53151233
>You're like a professional poker player telling novices to go straight to the high stakes table.
No, that'd be if I said "you guys need to trade the VIX term structure and some of these illiquid private equity REITs". My advice is warning the novices "if someone tells you to never bet a red chip, they're a retard."

Anyway, congratulations on your casino. I hope those 5% covered call premiums get you where you need to go.

>>53150474
It is in fact a rigged game, and this vedeo is cap fr.

>>53151108
One of you guys needs to make a Office Space edit for that scene so he says every generation is the worst generation ever.

>>53151367
I could have done it pretty easily, but I lost the original source assets when I punched the hard drive they were on.

>>53151316
>I hope those 5% covered call premiums get you where you need to go.
They do, thanks. It's around 80% annualized returns. Although I target higher premiums than that.

There's a reason SPY has massively underperformed on OpEx weeks since 2020.

>>53149413
That's a "slow news day" tier headline if there ever was one

>>53151467
Bears win again

>>53149730
>im really gonna have to average down on my tech stocks for a decade
Why not just buy VIXM? When stocks dump it'll pump. If stocks don't dump it'll inevitably pump anyway because volatility is mean reverting and it's low right now global macro considering. When VIXM hits 35 sell and by the time your tech stocks will all be 20% lower so you get a better entry with more money

BBBY is at its lowest price in since November 1992.

I feel like BBBY announcing that "bankruptcy is being considered" has been misconstrued as "we're announcing chapter 11 over the weekend".

If they really were ready to file by this weekend, why wouldn't they have just done it today instead of announcing they're considering it? Seems odd.

>>53151528
Priced in.

>>53151543
thats just ur confirmation bias kicking in

tho to be fair even if they do end up filing bankruptcy, that didn't stop HTZ from doing some bullshit squeeze

Guys...Great Depression is a trending topic on Twitter right now. Should I be worried or nah?

Just Accomoolate SOXL when it hits $8. Ez money

>>53151564
I think REV (or rather, REVRQ now) is a more recent example of bullshit squeeze post BK but point taken. I dunno, I'd just be very confused if they announced it by next week. Like why wait to announce if you're ready to do so? Are they just fishing for a buyer or what?

>>53151373
>punched a hard drive
High test, but I prefer to disassemble them for the shiny disks inside.

Oops forgot to add screencap

Where that SI faggot shill ay. Come out of hiding so i can laugh at your bitch ass.

What if the house speaker vote is the black swan?

China opens in 7 minutes!

>>53151656
I almost called dibs on top right but
>3 arms
Looks like AI loses again

Amazon $AMZN to fire 17,000 employees, WSJ reports

bullish or bearish? How much more can they afford to bleed out workers? Even AWS is getting more shitty and that's their biggest money maker by far(for now anyway).

>>53151673
>not wanting a gf who has 3 arms to help with trading
NGMI.

>>53151673
look at that chart next to her though. black pit of despair followed by red melt up

What time does the AAAAAA report come out tomorrow, 8:39?

I’m putting $25k into tax advantaged retirement accounts per year. Would it make sense to start putting some additional money into a non-tax advantaged account so that I can withdraw it whenever I want before retirement? Or should I max out my 401k. I’m not very enthusiastic about all my money being locked up until I’m old

>>53151679
Majority layoffs will occur among the Amazon Store and Amazon's People Experience and Technology Solutions (PXT)

>>53151719
the one that's never taxed upon withdrawal is good, otherwise just keep it in your margin account.

plus you get to use margin

>>53151367
Which scene, I have MS paint and nothing to do.

>>53151750
I think that anon means this

Why are futures up when everything is overpriced?

>>53151719
You can always put it into a 0DTE options account. Hardly anybody has to pay taxes on that type of account, but then, there is always that very small chance you get really unlucky and hit some jackpot

>>53149253
RKLB, up today, probably a fake pump that will get sold like the last ones

>>53151768
No clue

>>53151297
>still being in oil with recession just around the corner

Resume
The
Slow
Downward
Crab

>>53151685
If I had a gf with 3 arms, she would be jerking my 3 dicks off

Im listening to medieval folk music how do i profit from this

I bought my wife a $250 refurbished Gucci wallet online. What are the financial and fashion implications of this

>>53151840
I was just playing the Braveheart theme on my guitar

>>53151803
>recession

technically we are in one already. Mega sized companies taking out loans like Amazon is a red flag

https://techcrunch.com/2023/01/03/amazon-secures-8b-loan-anticipating-market-headwinds/

>>53151840
>medieval folk
Short Sweden and yourself, long Finland?

The XLU got hammered worse than tech today.

>>53151859
Dollar loans are a mistake. More companies should try taking out loans in Euros or Yen, like Berkshire did.

>>53151297
i bought back into oil this week

only ~10k though

>>53151656
How's it look so far?

>>53151036
The opportunity cost loss from not buying stocks now at these historically low prices before the dollar is inflated to worthlessness is real I assure you.

SPY loooks expensive when you consider historically 175-200 would be fair value but if you discount future printing even SPY 1000 would be a deal. In the next twenty years SPY will trade over 3000 before it trades 4500 and if you survive you will even get to see SPY 10,000 in a decade. As inflation rages 6-10% government figures and 75-350% on a real term basis stock will be gains unimaginably higher.

Earnings are going up cause (((they))) are in this together, we must fight Covid and support Ukraine by increasing prices 300% YOY. Oh you disagree? Well your antisemitism won’t be tolerated in the current year so enjoy being debanked, deplatformed and depersoned.

XLF Jun Put spreads
> -100% if you lose
> +130% if you win

Why are options like this sometimes?

>>53152006
inflation has peaked

Nat gas bottom is in! $9 EOW!

>>53151840
link it fag

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>>53151851
>>53151851
>>53151851

>>53149367
What are your largest preferred holdings, mr. dividend guy?

>>53152013
most spreads are like that

call spreads are fantastic when you kmow you're at the bottom (especially profitable oil companies when they were basically at 1x book value or lower)

>>53152001
Mixed. HSI is down and falling and others are up.

>>53152034
Not even hardly.

SPX >5000 EOY

The FED is talking a hard game but they are beholden to the powers that be and printing is the way of modern monetary theory. Money supply will at least double every year forever. SPX 5000 end of year is assured. The only real question is when will it hit 10,000? If not 2025 then for sure by 2030. Then again by 2030 SOX could easily be 50,000. It’s absolutely in no conceivable future going to be lower. Literally impossible. If you plan to be alive in a decade then buying now is a no brainer. It’s literally free money.

Listen niggers. Everything goes up in after hours. Why? Cause there is constantly more money created. Every day there are billions more dollars pulled from the ether into existence by banks and governments. “But they are borrowing it!!!1” nobody gives a shit, it’s irrelevant. Borrow rates are half of what inflation is; real rates are deeply negative and the cucks at the FED will never ever raise rains to a level in which that is not the case. You think they will come out this month and say “rates are going up 1000bps!”? Not a chance in hell. The free money is still here. It never left and it never will. Betting on the end of free money is betting against civilization and betting against every asset known to man.

Do you think everything in the world will start decreasing in value? if so then tell me what the fuck are you smoking? No way. Literally impossible. Rates would have to be over 15% tomorrow. They will never again see even 10%. Why? Cause government would collapse. You’d be more likely to see gold and silver brought back as currency. (Yea I own that shit!) not so fast chud. Gold would be brought back around 1000$/oz and silver around 5$. Your “stack” is grossly overvalued as is everything else.

You may not understand but rest assured the FED and those who hold actual wealth understand.

If you think you will win you are mistaken. You will lose, everyone will lose except for those in the club. Granted it’s a big club but you ain’t in it.