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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-26-2021, 09:25 AM
#2341
Originally Posted By Venom08⏩
Was going to suggest that reading your post looks like you're already trying
I capitulated a low six figure account last year and scrapped together a grand to start over. I got it up to $4k with amc calls in jan but because of the fukery coulent sell. It was $3k at one point. Now I had a third of it in three GME shares and sold for a $200 profit. My account is almost $2k.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
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05-26-2021, 09:29 AM
#2342
MARA is printing too.
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05-26-2021, 09:35 AM
#2343
Originally Posted By topperstyle⏩
I bought 5 GME at 42. Willing to sell at 500 boyo.
You should open a position at 245 then.
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05-26-2021, 09:37 AM
#2344
I picked up 50 UPST shares on the sell yesterday at $133.
Looking sick solid tight today.
Options are too far out so shares it was.
Looking sick solid tight today.
Options are too far out so shares it was.
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05-26-2021, 09:37 AM
#2345
Originally Posted By thatsnarf⏩
Originally I was going to do a physician assistant program but after finding the girl I'll marry, I don't want to do 2.5 years out of state for more schooling (I'll be 28 in August). So I figured I would finally join the work-force and now that I'm trying to, it sucks. I'm working on a website to launch a business in which I help people make the best possible dating app profile. I had a ton of success with Tinder/Hinge/Bumble during my bachelor life so I know how to curate the best photos and bios.
what were you planning on doing with that? so interesting.
05-26-2021, 09:41 AM
#2346
Originally Posted By Lefticle⏩
haha I know! I am sure I could do a temp job starting this week but I was thinking more career-wise. I'll look into some part time gig until I hear back from the jobs I've applied to. So far I've gotten three rejections out of like 60 things. Been applying since early April.
Shut the fuk up. Do not give me this chit. You could literally start driving for uber/lyft/doordash/amazon TODAY. You could also get a job at literally any restaurant TODAY. Apply at a construction company as there is a huge labor shortage everywhere. Buy a lawnmower and mow lawns. Trim their bushes. Start a gay OnlyFans account. There are an abundance of jobs available, you just don't want them. I am sick as fuk of this attitude.
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05-26-2021, 09:41 AM
#2347
Originally Posted By Carbonfibre⏩
If you want to hurt Ken Griffin, I'd suggest creating a hedge fund that provides superior services for lower fees and stealing Citadel's paying Clients
Whole stock market / crypto / real estate is built on speculation. Going back thousands of years.
You're posts come off like bit of jealousy.
What if everyone was buying oil stocks? Would that be better.
Let people do what they want to. If they lose money so be it. Glad its not me but you type of deal.
Hedge fund managers are the 1% that don't give a chiit about you / where you work or what your employer does if there is chance to drive you to ground or make profits they will do it.
This guy is hurting sooo much
Why does he need $122 million dollar mansion and 5 other mansions?
https://www.cnbc.com/2019/01/22/bill...n-mansion.html
You're posts come off like bit of jealousy.
What if everyone was buying oil stocks? Would that be better.
Let people do what they want to. If they lose money so be it. Glad its not me but you type of deal.
Hedge fund managers are the 1% that don't give a chiit about you / where you work or what your employer does if there is chance to drive you to ground or make profits they will do it.
This guy is hurting sooo much
Why does he need $122 million dollar mansion and 5 other mansions?
https://www.cnbc.com/2019/01/22/bill...n-mansion.html
You're right that people can do whatever they want with their money, for some reason I can't help but chime in when seeing this focus on chit that IMO is silly and won't generate wealth over the long term. This is not how you get rich.
05-26-2021, 09:46 AM
#2348
Originally Posted By Venom08⏩
haha I know! I am sure I could do a temp job starting this week but I was thinking more career-wise.
I'll look into some part time gig until I hear back from the jobs I've applied to
. So far I've gotten three rejections out of like 60 things. Been applying since early April.
See title.
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05-26-2021, 09:49 AM
#2349
Originally Posted By Venom08⏩
2.5 years is nothing man. PA is such a posh job. go around ordering lab work, xrays, lol…..chat with the patient for like 5 mins….call the DR if unsure of anything. lol
Originally I was going to do a physician assistant program but after finding the girl I'll marry, I don't want to do 2.5 years out of state for more schooling (I'll be 28 in August). So I figured I would finally join the work-force and now that I'm trying to, it sucks. I'm working on a website to launch a business in which I help people make the best possible dating app profile. I had a ton of success with Tinder/Hinge/Bumble during my bachelor life so I know how to curate the best photos and bios.
05-26-2021, 09:53 AM
#2350
Originally Posted By thatsnarf⏩
I was pre-med my whole life and gave it up after realizing no mainland school was going to accept me in the year 2018. I hear Yale is offering an online PA program, so might apply to it but I need money. I want to get engaged and married next year.
2.5 years is nothing man. PA is such a posh job. go around ordering lab work, xrays, lol…..chat with the patient for like 5 mins….call the DR if unsure of anything. lol
05-26-2021, 09:57 AM
#2351
So where is GME gon go from here boyos
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05-26-2021, 09:58 AM
#2352
Originally Posted By Venom08⏩
It would be a good call. 2.5 years until you're making ~$150K/year every year with zero liability.
I was pre-med my whole life and gave it up after realizing no mainland school was going to accept me in the year 2018. I hear Yale is offering an online PA program, so might apply to it but I need money. I want to get engaged and married next year.
See title.
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05-26-2021, 10:05 AM
#2353
Originally Posted By Lefticle⏩
Lol. PA school is legitimately the hardest program to get into. Medical field generally is oversaturated AF aside from nurses. Also, average PA is making about $100k doing bich work Doctors don't want to do and they have the least amount of autonomy out of all the providers including Nurse practitioners lmfao.
It would be a good call. 2.5 years until you're making ~$150K/year every year with zero liability.
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05-26-2021, 10:07 AM
#2354
Originally Posted By Destor⏩
Nobody wants to spend 40-50 years grinding/slaving away 9-5 towards retirement.
If you want to hurt Ken Griffin, I'd suggest creating a hedge fund that provides superior services for lower fees and stealing Citadel's paying Clients
You're right that people can do whatever they want with their money, for some reason I can't help but chime in when seeing this focus on chit that IMO is silly and won't generate wealth over the long term. This is not how you get rich.
You're right that people can do whatever they want with their money, for some reason I can't help but chime in when seeing this focus on chit that IMO is silly and won't generate wealth over the long term. This is not how you get rich.
We live in age of social media, everyone wants to have things now.
As for the rich.
Bezos has enough to buy $500 million yacht, while they spent millions to create fake twitter accounts to support no union.
Zuck is basically going to buy half of Hawaii at this point.
There was article on bloomberg recently that wealthy have made obscene amounts of money due to Covid. The gap has widened even further by long shot.
Its the reason why that french guy that sells high end fashion etc is the richest person in world now.
High end cars have never sold more than in past year.
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05-26-2021, 10:08 AM
#2355
Originally Posted By Venom08⏩
I capitulated a low six figure account last year and scrapped together a grand to start over. I got it up to $4k with amc calls in jan but because of the fukery coulent sell. It was $3k at one point. Now I had a third of it in three GME shares and sold for a $200 profit. My account is almost $2k.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
Originally Posted By Lefticle⏩
https://twitter.com/VacationQuotes/s...75443121463296
Shut the fuk up. Do not give me this chit. You could literally start driving for uber/lyft/doordash/amazon TODAY. You could also get a job at literally any restaurant TODAY. Apply at a construction company as there is a huge labor shortage everywhere. Buy a lawnmower and mow lawns. Trim their bushes. Start a gay OnlyFans account. There are an abundance of jobs available, you just don't want them. I am sick as fuk of this attitude.
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05-26-2021, 10:16 AM
#2356
Originally Posted By xxAchillesxx⏩
lmfao. Well in my defense I was applying and preparing for med school. I did work full time as a nurse assistant in a cardiac care unit and I've worked for my parents' physician group as an office manager.
I got an 80th percentile GRE score (plus a 4.5 which is an 81st in writing) so I could have done an MBA.
05-26-2021, 10:17 AM
#2357
Originally Posted By Venom08⏩
I capitulated a low six figure account last year and scrapped together a grand to start over. I got it up to $4k with amc calls in jan but because of the fukery coulent sell. It was $3k at one point. Now I had a third of it in three GME shares and sold for a $200 profit. My account is almost $2k.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
It’s sad and am currently unemployed/looking for a job. I got my Masters in medical science in December 2020 and have no idea where to find work. I’m even applying to sell cars since it’s been a month or two since I applied to medical device sales jobs.
Never hurts to learn a trade.
Dead Srs. Guy I worked for doing tile brought in easily 250k a year and all he did was mostly check in and watch me and 1 other guy do the labor, and approve of our technique and final work.
And to think we were all jealous of the plumbers and their pay for working 3-4 hours a day lmao.
I will likely always have a fallback now that I worked as a tile tradesman during college.
Don’t say that you can’t find a job.. at our company we can’t even find employees to hire! We need CDL drivers, surveyors, drillers, labor hands, area supervisors, literally all the positions we offer almost lol.
I also saw McDonald’s the other day offering $17 an hour with benefits. That’s actually not bad if just needing something mundane for the time being. Would humble someone also.
05-26-2021, 10:20 AM
#2358
Originally Posted By TugOfPeace⏩
Not at all. FoxMcCocks, JustMoved24, and LolBrah69 just like to spread lies cuz I made a troll thread 7 years ago. My dad was in CC debt until I paid it off for him in december and my mom is a teacher who makes $27k/year. I have no trust fund and my family has no generational wealth.
No hate.. but aren't you a trust fund guy?
See title.
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05-26-2021, 10:22 AM
#2359
can confirm CDL drivers…
I suggested that to my buddy and 6 months after he is doing pretyyyyy good - always good to know a trade or be willing to learn something new
I suggested that to my buddy and 6 months after he is doing pretyyyyy good - always good to know a trade or be willing to learn something new
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05-26-2021, 10:23 AM
#2360
Originally Posted By Destor⏩
If you want to hurt Ken Griffin, I'd suggest creating a hedge fund that provides superior services for lower fees and stealing Citadel's paying Clients
You're right that people can do whatever they want with their money, for some reason I can't help but chime in when seeing this focus on chit that IMO is silly and won't generate wealth over the long term. This is not how you get rich.
You're right that people can do whatever they want with their money, for some reason I can't help but chime in when seeing this focus on chit that IMO is silly and won't generate wealth over the long term. This is not how you get rich.
This is a rare opportunity. Long term it’s not a wise way, anyone investing anything by should know that.
But starting with 1-5k capital and wisely investing verses taking advantage of a good opportunity to double or triple that in a few days and give yourself the ability to invest wisely once you have some capital, I’m all for.
Even buffet had to acquire initial capital making some risky bets.
05-26-2021, 10:25 AM
#2361
Originally Posted By Venom08⏩
lol, we got muthafukkin Hitch over here
I'm working on a website to launch a business in which I help people make the best possible dating app profile. .
Originally Posted By Venom08⏩
who tf didn't? If you couldn't load up on ONS with dating apps, you might be skigains
I had a ton of success with Tinder/Hinge/Bumble during my bachelor life.
Originally Posted By Venom08⏩
fukkin cringe
I know how to
curate
the best photos and bios.
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05-26-2021, 10:40 AM
#2362
Originally Posted By camaleom⏩
Until EV takes over most of the driver job market they are in high demand lol. Now with ELDs they don’t have to manually log anymore. It’s a cake job where you get to travel and see places at least. Even if you also get to see lot lizards haha.
can confirm CDL drivers…
I suggested that to my buddy and 6 months after he is doing pretyyyyy good - always good to know a trade or be willing to learn something new
I suggested that to my buddy and 6 months after he is doing pretyyyyy good - always good to know a trade or be willing to learn something new
Definitely man. I have my B.S. but if I got laid off tomorrow my first move would be finding some good labor hands for tile work. Good for him!
05-26-2021, 10:49 AM
#2363
Originally Posted By Carbonfibre⏩
COVID definitely exacerbated the wealth gap, I was arguing that in this thread just the other week
Nobody wants to spend 40-50 years grinding/slaving away 9-5 towards retirement.
We live in age of social media, everyone wants to have things now.
As for the rich.
Bezos has enough to buy $500 million yacht, while they spent millions to create fake twitter accounts to support no union.
Zuck is basically going to buy half of Hawaii at this point.
There was article on bloomberg recently that wealthy have made obscene amounts of money due to Covid. The gap has widened even further by long shot.
Its the reason why that french guy that sells high end fashion etc is the richest person in world now.
High end cars have never sold more than in past year.
We live in age of social media, everyone wants to have things now.
As for the rich.
Bezos has enough to buy $500 million yacht, while they spent millions to create fake twitter accounts to support no union.
Zuck is basically going to buy half of Hawaii at this point.
There was article on bloomberg recently that wealthy have made obscene amounts of money due to Covid. The gap has widened even further by long shot.
Its the reason why that french guy that sells high end fashion etc is the richest person in world now.
High end cars have never sold more than in past year.
My core point here is that people become wealthy by adding value to the world and this short perspective get-rich-quick chit is what helps keep the lower/middle class where they are, it's part of the problem and not the solution. IMO the solution is taking a long perspective (which I think is one of the tenants of generating wealth) and ignoring this type of activity, but that's just me and apparently I need to continue working on subduing my tendency to opine about it.
05-26-2021, 11:01 AM
#2364
Originally Posted By Destor⏩
I mean if you hand out money the wealthy are going to figure out a way to help you part with yours or they manage to come out with a bigger piece of it regardless. Easiest way to fix what is currently happening is to force companies to pay straight cash for work and put a multiplier on what you can pay the CEO vs the lowest wage at the company. Ie lowest guy on the totem pole is making $30k then CEO can only make 30x that or something of that nature.
COVID definitely exacerbated the wealth gap, I was arguing that in this thread just the other week
My core point here is that people become wealthy by adding value to the world and this short perspective get-rich-quick chit is what helps keep the lower/middle class where they are, it's part of the problem and not the solution. IMO the solution is taking a long perspective (which I think is one of the tenants of generating wealth) and ignoring this type of activity, but that's just me and apparently I need to continue working on subduing my tendency to opine about it.
My core point here is that people become wealthy by adding value to the world and this short perspective get-rich-quick chit is what helps keep the lower/middle class where they are, it's part of the problem and not the solution. IMO the solution is taking a long perspective (which I think is one of the tenants of generating wealth) and ignoring this type of activity, but that's just me and apparently I need to continue working on subduing my tendency to opine about it.
Otherwise why can't I be compensated 100% in stock/options that I just cash in after a year and drop my tax burden to 15%? For some reason that only applies to CEOs and C-suite executives I guess?
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05-26-2021, 11:15 AM
#2365
The shortage of CDL drivers is not even funny anymore, will only get worse, anyone qualified and doesn’t know what they want to do should get a CDL, plenty of time on the road to figure the rest out while getting PAID
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05-26-2021, 11:18 AM
#2366
Originally Posted By RobParks2M⏩
Well I don't know about the tax side, but executive compensation is often in stock/options as a way of incentivizing the company's financial performance. If you don't tie executive compensation to stocks, which should generally trend with financials, they won't make the tough calls to control costs and push for higher revenues.
I mean if you hand out money the wealthy are going to figure out a way to help you part with yours or they manage to come out with a bigger piece of it regardless. Easiest way to fix what is currently happening is to force companies to pay straight cash for work and put a multiplier on what you can pay the CEO vs the lowest wage at the company. Ie lowest guy on the totem pole is making $30k then CEO can only make 30x that or something of that nature.
Otherwise why can't I be compensated 100% in stock/options that I just cash in after a year and drop my tax burden to 15%? For some reason that only applies to CEOs and C-suite executives I guess?
Otherwise why can't I be compensated 100% in stock/options that I just cash in after a year and drop my tax burden to 15%? For some reason that only applies to CEOs and C-suite executives I guess?
Would you really want to be compensated in something that you have little control over as an employee? Some companies do employee ownership to incentivize performance in the same way, but generally your income would be subject to decisions made by others and decisions you might not agree with but can't meaningfully influence. Executives do influence this stuff, so the risk is theirs to own.
05-26-2021, 11:23 AM
#2367
Originally Posted By Destor⏩
COVID definitely exacerbated the wealth gap, I was arguing that in this thread just the other week
My core point here is that people become wealthy by adding value to the world and this short perspective get-rich-quick chit is what helps keep the lower/middle class where they are, it's part of the problem and not the solution. IMO the solution is taking a long perspective (which I think is one of the tenants of generating wealth) and ignoring this type of activity, but that's just me and apparently I need to continue working on subduing my tendency to opine about it.
My core point here is that people become wealthy by adding value to the world and this short perspective get-rich-quick chit is what helps keep the lower/middle class where they are, it's part of the problem and not the solution. IMO the solution is taking a long perspective (which I think is one of the tenants of generating wealth) and ignoring this type of activity, but that's just me and apparently I need to continue working on subduing my tendency to opine about it.
I actually want that mind set to stop. Hedge funds have shorted stocks like crazy(get rich quick), even shorted heavily companies in a good place financially, all for their greed, TTCF comes to mind. You said it in bold, although I know you're not referring to them.
It's to hopefully instill some hesitations in their minds before over leveraging to short. That and to capitalize off their greed is the point here.
Holding the hedge funds accountable and exposing their malpractice is for the greater good.
You don't agree with that at least?
Been posted but Oleary has a good perspective, somewhat relevant
05-26-2021, 11:25 AM
#2368
Originally Posted By Destor⏩
Makes sense until you find out those same execs have huge golden umbrellas.
Well I don't know about the tax side, but executive compensation is often in stock/options as a way of incentivizing the company's financial performance. If you don't tie executive compensation to stocks, which should generally trend with financials, they won't make the tough calls to control costs and push for higher revenues.
Would you really want to be compensated in something that you have little control over as an employee? Some companies do employee ownership to incentivize performance in the same way, but generally your income would be subject to decisions made by others and decisions you might not agree with but can't meaningfully influence. Executives do influence this stuff, so the risk is theirs to own.
Would you really want to be compensated in something that you have little control over as an employee? Some companies do employee ownership to incentivize performance in the same way, but generally your income would be subject to decisions made by others and decisions you might not agree with but can't meaningfully influence. Executives do influence this stuff, so the risk is theirs to own.
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05-26-2021, 11:27 AM
#2369
Originally Posted By SipNPiz⏩
Yeah it's pretty bad.
The shortage of CDL drivers is not even funny anymore, will only get worse, anyone qualified and doesn’t know what they want to do should get a CDL, plenty of time on the road to figure the rest out while getting PAID
We have vendors that load trailers and they're sitting on lots for weeks waiting on drivers. No job on the planet would cause more chaos if the workers disappeared in an instant.
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05-26-2021, 11:33 AM
#2370
Originally Posted By SipNPiz⏩
This. My wife works in the freight industry. A lot of her clients (drivers) are making $150k-200K/year right now because freight rates are so damn high due to driver shortage. Keep in mind, most of these guys are super dumb and lucky if they graduated high school (ded fkn srs)
The shortage of CDL drivers is not even funny anymore, will only get worse, anyone qualified and doesn’t know what they want to do should get a CDL, plenty of time on the road to figure the rest out while getting PAID
See title.
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