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The GameStop thing is evidence that we need a financial transaction taxShimrra Jamaane posted:I woke up today with a massive loving headache and started throwing up. I haven’t had alcohol in like a year, so what’s wrong with me? Migraine probably. They suuuuuuuck sorry dude.
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Jan 25, 2021 18:44
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The secret to having a cat is to have 2 cats. They keep each other entertained so they don't get bored and tear stuff up. I don't think either of the cats I have have destroyed anything in a long time
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Jan 25, 2021 18:46
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Paint Crop Pro posted:The secret to having a cat is to have 2 cats. Just be careful because getting more than 1 cat starts a very slippery slope.
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Jan 25, 2021 18:48
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ZuluDashOne posted:Cats are nice. Dogs are nice. My wife and I wanted a dog for years but lived in an apartment in the bay area. A dog was top priority when we got a house. Speaking of dogs and space to run, I have everything but the bench for my home gym setup that I have on the patio (the bench comes today, barbell came friday). Playing with your dog between sets >>>> * Double benefit is she is fully tuckered right now and is asleep
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Jan 25, 2021 18:51
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Paint Crop Pro posted:The secret to having a cat is to have 2 cats. Haha, this did not work for me. I had two cats for about 9 years, and one cat would simply just terrorize the other one. They'd usually get into fights once or twice a day that I would have to break apart. Squirt bottles did nothing to stop the male cat from going after the female. The male cat had to be put down about 5 years ago. Now my issue is that my cat will randomly walk around the house loudly talking for an hour straight until she finally settles down next to the vent for 6 hours. I'm honestly ready to be cat free, but I'm not going to give my cat away, and she seems in decent health. She's 16 years old, so she could die this year, or live for like 5 more.
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Jan 25, 2021 18:51
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Ornery and Hornery posted:Explain this to me like I’m five please. Gamestop is completely hosed, and is one of the most short-sold stocks because of that. Shorting a stock is when you say, I think the stock is going to be worth less sometime in the future. Basically saying I 'll sell you this stock I don't have now at the current price and promise to buy it by a fixed date. When you're wrong, you can lose... infinite dollars if the price keeps going up. The way to prevent losing everything is if the stock starts climbing, you buy it at the current price just to lock in your losses. That subreddit had a bunch of people go... let's all buy Gamestop and cause the price to jump up, this will cause all the short sellers, and there's a lot of them, to need to buy the stock to limit their losses, and it's caused a run on the stock. Hot Diggity! posted:The GameStop thing is evidence that we need a financial transaction tax Yeah, the other part to this is that for the most part it isn't humans making the transactions. Every mid-sized and up financial firm runs all this poo poo through software that's making the decisions at the microsecond level and is constantly buying and selling.
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Jan 25, 2021 18:55
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Shimrra Jamaane posted:Just be careful because getting more than 1 cat starts a very slippery slope. Thankfully technically one of the cats isn't mine. (Even though I feed her, and give her almost all of the attention she gets, and she follows me around.) But when I move out eventually I'll probably get another one.
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Jan 25, 2021 18:55
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Hot Diggity! posted:Migraine probably. They suuuuuuuck sorry dude. I get them like twice a year. They're the loving worst. Just take a day and put on the mellowest podcast you can and stare at a wall.
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Jan 25, 2021 18:55
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LeeMajors posted:Dogs are easy. We live out in the country, and have a bit of a mouse issue. Our cat is phenomenal at catching them (and shrews/voles too), and I think he actually eats the mice as well  When we lived in an apartment a couple years back he used to be really bad about chewing cords (phone chargers, laptop cables, whatever) and pissing in the kitchen sink, so it could be just having more space and stuff to do now. I'm not down with the destructive stuff, but he's generally really affectionate with us so I would let the bad behavior slide lol
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Jan 25, 2021 18:56
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They aren’t big enough to manipulate stocks cmon now even at 2.1m users That being said I jumped into the GME and BB frenzy and I’m up 39%! Gonna hold it all and hope maybe good bounce back from last Thursday.
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Jan 25, 2021 19:00
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I really need to get into stock investing. I won't be able to afford buying a house even with saving money in my HMBradley HYS on my salary. That, or I have to hope my company's stock outperforms in a few years after its vested a bit.
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Jan 25, 2021 19:04
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I know no ethical consumption under capitalism but I just really don’t like the idea of owning stocks. Just makes me feel icky. If I ever have money lying around I’ll just like plant crops or something.
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Jan 25, 2021 19:06
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FizFashizzle posted:I know no ethical consumption under capitalism but I just really don’t like the idea of owning stocks. same, might as well be a landlord or something
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Jan 25, 2021 19:08
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Shimrra Jamaane posted:I woke up today with a massive loving headache and started throwing up. I haven’t had alcohol in like a year, so what’s wrong with me? This was me yesterday. Drink a lot of water and lie down in the dark, and it should pass by this afternoon/evening. Excedrin Migraine is also pretty effective, after growing up with no good way to take the edge off of a migraine. JPrime posted:same, might as well be a landlord or something We've been house shopping here and there over the past month or so and our landlord likes to mention how "rentable" every house that we view is, as if we're planning to rent it out someday. Like I get that a house is an investment but let me think about how I want to live there before I start worrying about letting other people live there. C-Euro fucked around with this message at 19:17 on Jan 25, 2021 |
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Jan 25, 2021 19:14
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swickles posted:My friend had a super rear end in a top hat cat who we think died purposefully the morning of his wedding just to gently caress with him Growing up we had a cat that was a terror for the first ten years of her life. After that she really only liked my dad and me, so she went from terror to big bitch. She lived for 18.5 years, and her final gently caress you was dying on Christmas morning. We knew she was on her way out, and I laughed so hard when I got up and my mom told me she had passed overnight.
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Jan 25, 2021 19:14
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FizFashizzle posted:I know no ethical consumption under capitalism but I just really don’t like the idea of owning stocks. I have Stash and I played around here and there, $5 at a time. I cashed out and bought an Xbox. I think tying American retirement funds to the market sufficiently crushing the existing workforce is weird and gross!
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Jan 25, 2021 19:28
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Spoeank posted:I have Stash and I played around here and there, $5 at a time.
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Jan 25, 2021 19:34
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Spoeank posted:I have Stash and I played around here and there, $5 at a time. I cashed out and bought an Xbox. I think tying American retirement funds to the market sufficiently crushing the existing workforce is weird and gross! I don't because I have to fill out some paperwork or something whenever I make a purchase because of SEC regulations thanks to my mother's job. I just fill my 401k every year and put the rest in rollover CD's because I hate thinking about the stock market.
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Jan 25, 2021 19:53
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In dog pooping stories Panda once ate most of a bag of dried apricots and kept vomiting 3-5 every two hours and pooping a couple more every day for two days. She doesn't like apricots anymore the little glutton. I have a guy who manages my stocks and he mostly emails me when they tank to see if i'm gonna jump off a cliff but then they go up 200% and I end up slightly ahead then when i start so I just shrug and move on.
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Jan 25, 2021 20:03
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FizFashizzle posted:I know no ethical consumption under capitalism but I just really don’t like the idea of owning stocks. Yeah I'm kind of the same way. My boss was bragging about some 5000% gain on an investment when I spoke to him after turning in my 2 weeks and I could feel myself straining to keep my eyes from rolling. Stocks just seem like such a transparent grift that I don't even wanna touch the loving things
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Jan 25, 2021 20:03
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lol and here I am being an rear end in a top hat training to be a day trader. Figured I need to do something during my off season.
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Jan 25, 2021 20:08
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The only time thinking about the stock market was cool was Trading Places https://www.youtube.com/watch?v=RLySXTIBS3c
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Jan 25, 2021 20:12
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Bane was right. Edit: I'm watching the 90's Batman cartoon and just got to the first Poison Ivy episode and she's trying to kill the district attorney because he wants to build a new penitentiary on a site that has a bunch of nearly extinct plants, and I'm kinda like "fair enough." Air Skwirl fucked around with this message at 20:28 on Jan 25, 2021 |
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Jan 25, 2021 20:19
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Im not sure I understand the blackberry thing as well but just saw some guy invested his father's entire retirement into it. 100k. How the gently caress. https://www.reddit.com/r/wallstreetbets/comments/l4meah/took_my_dads_life_savings_and_yolod_into_bb_told/
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Jan 25, 2021 20:33
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Amy Pole Her posted:Im not sure I understand the blackberry thing as well but just saw some guy invested his father's entire retirement into it. 100k. How the gently caress. Even BB is like what are you guys doing? 
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Jan 25, 2021 20:36
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I can vaguely imagine dropping $1000 on a “yolo”, doing it with $100k is quite a concept
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Jan 25, 2021 20:40
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Number really does only go up
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Jan 25, 2021 20:40
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I hope they all go broke.
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Jan 25, 2021 20:41
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Shimrra Jamaane posted:I hope they all go broke. Ehh, I don't want that one dude to have to work until his death just because his son is a loving idiot.
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Jan 25, 2021 20:44
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Shimrra Jamaane posted:I hope they all go broke. Says sad man sadly
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Jan 25, 2021 20:46
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Everyone should go to Sunday School, and everyone should put into a 401K and a Roth IRA as they're able.
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Jan 25, 2021 20:55
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Counterpoint, no one should go to Sunday school. Yeah, it's a great idea to drop your kid off for an hour and a half to have adults lie to them and teach them to hate gay people, and themself.
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Jan 25, 2021 21:00
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Investing in mutual funds like Vanguards VTSAX is one thing. Investing in individual stocks is just modified gambling. GME is a prime example of how you can make the extremely rational choice to short the stock, and then have it go completely upside down on you because the stock market is rarely rational. I'm perfectly ok being in the stock market, despite generally being a socialist. Unless our society rapidly changes how it works, being in the market is one of the few ways to not get completely left behind. I'd like to retire one day and not be dependent on social security. Your other choices are not exactly any morally better. Buy real estate? Be a landlord? Ok, those aren't really much better. If you have a pension, then you are indirectly owning stocks too. It's pretty much impossible to get away from.
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Jan 25, 2021 21:10
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MARKET CHAT loving KILL ME
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Jan 25, 2021 21:11
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Do yall like small cap funds or large cap funds more? I try to largely stay out of energy since I've already got a lot of exposure there, employment-wise. My uncle at The Economy says those target retirement date funds typically aren't great.
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Jan 25, 2021 21:14
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General Dog posted:Do yall like small cap funds or large cap funds more? I try to largely stay out of energy since I've already got a lot of exposure there, employment-wise. Large cap tech companies really saved my rear end the last 10 months
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Jan 25, 2021 21:15
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Betting your student loans on GameStop of all places and becoming a millionaire by forcing finance dweebs and banks on wall st to cover is actually good and more socialist than this country will ever be
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Jan 25, 2021 21:23
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I'm completely lost. Why is GameStop suddenly worth billions??
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Jan 25, 2021 21:26
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Aaaaaaarrrrrggggg posted:I'm completely lost. Why is GameStop suddenly worth billions?? In short, the guy who made Chewy a big success and viable competitor to Amazon for pet food got on board with Gamestop creating some buzz and a future plan for profit, while a bunch of people posting on reddit put their life savings into option calls on it, while investment banks/big monied interests doubled down on their short positions until they couldn't anymore and got "squeezed" to infinity making the share price also squeeze up. e: the entire thing is a really good example on why there should maybe be some regulations or limitations on short positions but they'll probably just make it more difficult for normal people to speculate
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Jan 25, 2021 21:30
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Invest in iron and protein
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Jan 25, 2021 21:33
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