#noncrypto-investing (Discord ID: 352760194775777282) in MacGuyver - Skills & Academics, page 6


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2018-03-10 18:14:51 UTC

Looking at it I'm tempted to pick up a few too on a flyer

2018-03-10 18:14:54 UTC

@ThisIsChris my gut says its a worthwhile gamble

2018-03-10 18:15:00 UTC

I follow Q

2018-03-10 18:15:27 UTC

Q is saying things about IBOR, crimes by jack

2018-03-10 18:15:42 UTC

Who is Q?

2018-03-10 18:16:03 UTC

insider on 8chan

2018-03-10 18:16:28 UTC

qanon.pub

2018-03-10 18:16:33 UTC

Interesting, is he talking about Twitter?

2018-03-10 18:18:44 UTC

But yeah just based on Twitter's historical volatility, 10 cents for the 13 strike Jan 19 doesn't seem bad. Maybe it's worth to get a handful and sit tight. Even if Twitter just goes down to the 20s in the next few months that put should increase quite a bit

2018-03-10 18:19:55 UTC

Yeah read through his recent posts, it's fascinating

2018-03-10 18:21:00 UTC

Cool thanks. true can sell the puts

2018-03-10 20:46:29 UTC

Isn't Q Anon tinfoil shit?

2018-03-10 20:49:55 UTC

@Jacob Sign me up for the loony bin then 😎

2018-03-13 16:26:58 UTC

@greenpond the 15 strike leap you mentioned jumped 30% today

2018-03-13 16:29:29 UTC

@ThisIsChris doh, still waiting for my funds to clear

2018-03-13 16:30:17 UTC

the insiders know

2018-03-13 16:33:15 UTC

Haha, I just put in a bid for 5 contracts at .19, we'll see if it takes

2018-03-13 16:34:23 UTC

Yeah thing is TWTR has had no problem hanging out at 8 dollars in the recent past, so I wouldn't be surprised if this gets jumpy if there's another correction in the next few months

2018-03-14 20:26:07 UTC

@everyone Tip: If you're trying to meet c-suite contacts, buy 1 share in the company and go to the annual meeting.

2018-03-15 01:55:56 UTC

:bigbrain:

2018-03-18 15:11:47 UTC

^ for those who want to better understand our banking system/central banking/history of money/Rothschild family

2018-03-20 21:09:23 UTC

@greenpond did you ever move into that TWTR Jan 19 put?

2018-03-22 02:21:20 UTC

@here Anyone looking towards MU Earnings Report tomorrow?

2018-03-22 02:33:04 UTC

https://cdn.discordapp.com/attachments/352760194775777282/426206649389416449/MU_MorningStar.png

2018-03-22 02:34:04 UTC

^^Here is a popular analyst report for MU if you are unfamiliar. Download and open to read it

2018-03-22 02:51:25 UTC

I read through this report and here are my 3 takeaways. I take what this analyst says about the technical things about computer memory devices at face value:

MU (Micron Technology Inc) has two main products right now DRAM and NAND accounting for 64% and 36% of its revenues, respectively. According to the analyst, DRAM is a highly competitive space with little room for growth, NAND is a highly competitive space but with high expectations of growing demand. Apparently computer memory generally has razor thin margins, so having either be the backbone of the company is not great, although NAND is better (according to the analyst) than DRAM. Takeaway #1. Growth in the NAND space vs DRAM space will be considered good.

MU is a small company specializing in one particular thing, so it usually needs to collaborate with other companies to create products that beat the competition. There are several small companies in the space. Samsung is a behemoth because it makes several (most?) different components. MU had a collaboration with Intel called IM technologies that was a good thing for MU, but because Intel recently launched its own memory manufacturing it is probably looking to directly compete with MU. Takeaway #2. MU needs to grow or form new collaborations.

MU does not have an "economic moat", meaning there's nothing that gives is a difficult-to-traverse competitive edge over its competitors. This makes it nearly impossible for MU to ever raise prices so that it might become more profitable. Takeaway #3. Any new initiatives into less competitive spaces will be good news for MU. Especially any market proven successes.

2018-03-22 02:54:31 UTC

Now I've been watching MU for a few months now and it had been hovering around 40 for a while until the past month when it finally started to breakout up towards 60. The above analyst report was last updated March 9th but almost all the company details are from way before that. So I'm going to try to see if there was some news in the past month that showed MU hitting one of the 3 takeaway points I listed above.

2018-03-22 02:55:55 UTC

<@&322715617138311171> I would love feedback you can offer

2018-03-22 04:23:57 UTC

Follow-up, I don't have a thesis yet on direction of movement, but the weekly options expiring friday are priced for a one standard deviation move of 4.265 i.e. +/- 7% That seems reasonable to me based on recent price movements so I'm not going to try direction neutral strategies like selling a straddle.

2018-03-22 19:35:19 UTC

In the end I'm not taking action with respect to MU's earnings. I found some news about a new product line that probably explains their 50% increase in the past month. But so I have a feeling most good news is priced in. I read another analyst report, this time by credit suisse. The guy was predicting a price target of 70 dollars for the year. It's at 60 now. The analyst among other places I've read said MU has a history of underwhelming during earnings, and I see no sign there is good news that isn't already priced in, so I'm not doing anything special for earnings besides holding the few shares I already have.

2018-03-23 17:28:50 UTC

Presented without comment; chart by David Wilson of Bloomberg radio.

https://cdn.discordapp.com/attachments/352760194775777282/426794465768898571/unknown.png

2018-03-23 17:44:27 UTC

@Why Tea I am waiting for the short rates to yield more than the long rate (yield curve inversion). Then we will know a recession is on the horizon

2018-03-23 18:52:01 UTC

^^^

2018-03-24 04:43:51 UTC

Based Zyzz

2018-03-25 05:40:23 UTC

buy the Facebook dip

2018-03-25 16:20:36 UTC

@Patrick that's what I'm doing. I sold puts in order to benefit from high volatility

2018-03-26 04:07:48 UTC

@Patrick /NQ roaring for a Sunday night. Good sign

https://cdn.discordapp.com/attachments/352760194775777282/427680041816555532/Screen_Shot_2018-03-26_at_12.06.50_AM.png

2018-04-01 20:53:34 UTC

China is allegedly taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar
<https://www.reuters.com/article/us-china-oil-yuan-exclusive/exclusive-china-taking-first-steps-to-pay-for-oil-in-yuan-this-year-sources-idUSKBN1H51FA>

2018-04-01 21:37:28 UTC

@Tanner - SC is that a good or bad thing for us?

2018-04-01 21:59:32 UTC

It could mean demand for the USD drops, then the USD loses value and therefore prices of everything rise.

2018-04-01 22:00:13 UTC

And could get other countries to start doing the same, further devaluing the dollar.

2018-04-01 22:01:22 UTC

If you want to see US banks fail, this would be a step in that direction.

2018-04-01 22:28:36 UTC

Hmm a declining US dollar is good for exporters. Not sure how it would effect equities in dollar terms. @Zyzz @SamanthaM thoughts?

2018-04-01 23:10:06 UTC

China has been decreasing is supply of USD. Apparently japan is the biggest holder of USD. I’m not quite too sure how a decline dollar impacts the economy. It’s good for exporters and it’s good for international travel to the US amongst other things. I will have to think about how else it impacts us

2018-04-02 01:51:11 UTC

@ThisIsChris IMO, a major reason why the USD value has been relatively stable despite the large expansion of supply and despite the huge debt load is because the rest of the world uses USD to trade oil. If the rest of the world stops using USD for oil, the demand for the USD goes way down.

2018-04-05 01:22:45 UTC

realvision publications is quite good and so is TV

2018-04-09 02:20:12 UTC

So in the event we do get involved in Syria, is there anything worth investing in?

2018-04-09 03:49:57 UTC

@TIDE#0935 BA (Boeing) is a typical stock for military spending, and oil (through USO, a US Oil ETF). The overnight broad market index futures /ES (which is S&P 500) and /NQ (NASDAQ) are actually UP since the bombing started. As is /CL which is West Texas Crude Oil futures.

https://cdn.discordapp.com/attachments/352760194775777282/432748980733214721/Screenshot_20180408-234838.png

2018-04-09 03:50:44 UTC
2018-04-09 03:52:12 UTC

Yeah military and oil are the only things I can think of. Wonder if our <@&322715617138311171> have some advice to share

2018-04-09 10:58:31 UTC

I hold an aerospace and defense mutual fund for things like this

2018-04-10 03:01:09 UTC

fun

2018-04-10 03:15:30 UTC

Wow, pretty smart on their part

2018-04-10 03:18:01 UTC

There it is

https://cdn.discordapp.com/attachments/352760194775777282/433103333541150720/Screen_Shot_2018-04-09_at_11.17.31_PM.png

2018-04-10 03:18:56 UTC

That's a 5% jump in a few hours

2018-04-11 11:26:11 UTC

Anyone thinking of buying a home should really hold off

2018-04-11 13:13:44 UTC

@Zyzz thanks, makes sense. I've been looking (just looking) at places to buy in Manhattan and something I've noticed is that houses very often close for 30% or more off of the original asking price these days. Makes me think the appraisers are off their rockers again.

2018-04-11 13:17:43 UTC

30% below asking price?

2018-04-11 13:17:48 UTC
2018-04-11 13:18:26 UTC

@Zyzz yeah, the initial asking price I mean

2018-04-11 13:18:43 UTC

Wow interesting

2018-04-11 13:18:47 UTC

Not all the time, sometimes it's like 20%

2018-04-11 13:19:07 UTC

Can’t say the same for Florida. Most places go for above ask. Which underscores that real estate is local

2018-04-11 13:23:26 UTC

@Zyzz interesting, makes sense though. I think part of it in NYC is there are unreal expectations for housing prices. The New York Times writes stories all the time of buyers rushing and outbidding each other in cash for housing. I read those NYT articles and get scared. But then whenever I'm looking at the listing history of any actual place I might consider buying in the future, it's always the opposite story. A place gets listed with an asking price and then over a year's time they keep lowering the price until it sells.

2018-04-11 13:26:49 UTC

@Zyzz when I said "makes sense though" I meant it makes sense that real estate is local. But what I wonder is: why do you think the prices are like that in your area?

2018-04-11 13:29:39 UTC

@ThisIsChris Florida has very high net in-migration, favorable tax rates, great weather, and many jobs/companies are moving here

2018-04-11 13:30:01 UTC

Rents have been sky rocketing in Orlando bc of all the PR migration

2018-04-11 13:37:34 UTC

@Zyzz thanks for the explanation.

2018-04-11 18:23:59 UTC

I'm conflicted a bit due to rising interest rates.

2018-04-11 18:27:35 UTC

@Argument of Perigee at some point we will get a recession. At that time there will be no(or very few) buyers in the market and real estate will be relatively cheap. The fed will lower interest rates to help in the recovery. Just remember you can always refi with a lower rate. You can’t change what you paid for the house

2018-04-11 18:28:09 UTC

With the said, the longer the boom runs the harder/deeper/more prolonged the “crash” typically is.

2018-04-11 18:28:31 UTC

Look at the dotcom bubble versus the recession we had in 2001/2002

2018-04-11 18:29:06 UTC

Most people didn’t even know we were in a recession in the early 2000’s but we were. Everyone knows about the dotcom bubble

2018-04-11 18:30:26 UTC

I'm fully expecting bad things soon for sure.

2018-04-11 18:31:08 UTC

I'm under contract for a property as we speak though. Good thing Colorado properties are immune.

2018-04-11 18:31:36 UTC

CO has performed nicely. That’s for sure

2018-04-11 18:33:04 UTC

Yea, last time I moved to CO just following the big recession I wanted to buy, but prices hadn't moved. 😢

2018-04-14 05:16:48 UTC

Market crash Monday my dudes, you all ready?

2018-04-14 15:13:46 UTC

The market usually responds favorably to war. Not that I am condoning the Syria strikes at all

2018-04-14 15:16:54 UTC

@Zyzz yeah last night I found myself wishing the markets were open. Trading gives a kind of outlet for "oh I have a new piece of information what do I do with it now", because otherwise all I can do is complain about the strikes or ignore them.

2018-04-14 16:13:22 UTC

@ThisIsChris it certainly does although it’s probable it’s already been priced in. I have been heavy in defense and aerospace bc trump and Israel and neocons and all that. It doesn’t take a genius to conclude the chance of war/increased military spending under this admin will hopen

2018-04-14 16:13:24 UTC

Happen

2018-04-14 16:17:28 UTC

@Zyzz definitely, I'm starting to see the wisdom in that

2018-04-16 02:46:36 UTC

Trying to learn a bit about algorithmic trading: https://www.quantopian.com/tutorials/getting-started

2018-04-17 16:22:50 UTC

Wish I had had the agency to buy SBUX when the news broke of them being /our coffee/

2018-04-17 16:25:51 UTC

Can't get lower...but now. Wait, can it?

2018-04-17 16:32:56 UTC

It can, but I think the recent boycott news is priced in now. These emotional libby things I expect a quick dip then return, which is what already happened (dip on Friday, and then climb back up on Monday, so I think that ship has sailed already)

2018-04-17 20:30:17 UTC

Any reason to think the VA 30-year mortgage rate will move in the next 20 days? I'm floating the rate at the moment.

2018-04-17 22:54:04 UTC
2018-04-17 22:54:19 UTC
2018-04-17 22:55:17 UTC

@Argument of Perigee there is a fed meeting May 1-2. I don't think they are expected to hike rates but you never know

2018-04-17 22:57:03 UTC

4/27 we have the 1st reading (out of 3) of 1Q18 GDP

2018-04-17 22:57:21 UTC

negative news here would be in your favor

2018-04-17 22:58:04 UTC

and then of course 1st fri of every month we have the unemployment reading

2018-04-17 23:18:34 UTC

Always appreciate your input @Zyzz Thank you, Sir!

2018-04-17 23:31:26 UTC

Rate hike on this much federal debt? Probably not.

2018-04-17 23:34:04 UTC

They have been climbing...

2018-04-19 22:28:03 UTC

@Argument of Perigee
Prediction: Long term rates will continue to rise.
Spring is the beginning of "home-buying season." This year loans are more expensive with less properties for sale nationwide.
There has also been an increase in govt interest in the wake of the Trump tax cuts. Although it won't be a dramatic increase, by any stretch of the imagination.

2018-04-20 03:32:16 UTC

Ugh god the (((Black-Scholes))) formula is going to be the death of me this semester

2018-04-20 03:33:49 UTC

Oh come on, basic economics

2018-04-20 03:33:52 UTC

jk

2018-04-20 03:34:01 UTC

That stuff hurts my head

2018-04-20 03:34:46 UTC

I can't stand when #'s get too theoretical.

2018-04-20 03:37:37 UTC

@ophiuchus what class is that? I actually know a little bit about that

2018-04-20 03:40:02 UTC

Actuary hell

2018-04-20 03:40:41 UTC

I’m retarded, so 1 sec

2018-04-20 03:42:40 UTC

Have I set this up right

https://cdn.discordapp.com/attachments/352760194775777282/436733415015055379/image.jpg

2018-04-20 03:43:05 UTC

squareroot of 0.25 is 0.5

2018-04-20 03:45:08 UTC

it looks good

2018-04-20 03:47:09 UTC

I keep borking it somehow

2018-04-20 03:47:40 UTC

Man that is some crazy jew wizardry.

2018-04-20 03:47:41 UTC

d1 here is -0.3931, I’m just trying to work out how

2018-04-20 03:53:45 UTC

Got -0.4323 last time I worked it out

2018-04-20 03:54:03 UTC

Using a calculator?

2018-04-20 03:58:05 UTC

Pardon my lack of experience.

2018-04-20 03:58:15 UTC

Order of operations?

2018-04-20 03:58:49 UTC

Has to be something with that

2018-04-20 03:59:08 UTC

I got -0.34896 just now

2018-04-20 03:59:15 UTC

Or how you are rounding the numbers

2018-04-20 03:59:45 UTC

to the hundred thousandth place with each number?

2018-04-20 03:59:54 UTC

So if I get it to (ln0.94+0.02)/0.12

2018-04-20 04:00:27 UTC

It’s just ln of 0.94 right, not ln(0.94+0.02)

2018-04-20 04:02:05 UTC

Now that is too big brain for me

2018-04-20 04:04:35 UTC

Better?

https://cdn.discordapp.com/attachments/352760194775777282/436738932131102720/image.jpg

2018-04-20 04:05:47 UTC

.08-.25?

2018-04-20 04:05:58 UTC

It’s a dot

2018-04-20 04:06:04 UTC

Not a very well written dot

2018-04-20 04:06:16 UTC

I can’t write numbers for some reason

2018-04-20 04:06:49 UTC

ah

2018-04-20 04:07:09 UTC

Than that should be correct

2018-04-20 04:08:33 UTC

My handwriting is halfway decent but I can’t write numbers

https://cdn.discordapp.com/attachments/352760194775777282/436739928890802188/image.jpg

2018-04-20 04:08:47 UTC

I know what the answer is I just can’t work it out to get it

2018-04-20 04:09:06 UTC

They never even taught me cursive.

2018-04-20 04:09:17 UTC

Isn't that pathetic?

2018-04-20 04:09:24 UTC

How old are you my man?

2018-04-20 04:09:29 UTC

20

2018-04-20 04:09:40 UTC

Gotcha I’m an old timer so

2018-04-20 04:09:52 UTC

Ha, I feel that way

2018-04-20 04:10:16 UTC

Can't stand my generation. Never really hung out with them.

2018-04-20 04:10:21 UTC

They were phasing it out when I was in 2nd grade

2018-04-20 04:10:25 UTC

(I’m 23)

2018-04-20 04:10:28 UTC

ah

2018-04-20 04:10:42 UTC

I think we brushed on it for a week in 3rd grade

2018-04-20 04:11:40 UTC

Had to learn it on my own later because I wanted to read the original federalist papers.

2018-04-20 04:11:50 UTC

As well as ye old constitution

2018-04-20 04:15:54 UTC

It’s also just faster imo

2018-04-20 04:16:59 UTC

My short hand when I did debate was unreadable by anyone else but my partner, but it was as efficient as shorthand. It was mostly symbols

2018-04-20 04:18:39 UTC

My parents constantly berate me for my handwriting but every time I’ve turned in something handwritten I’ve got compliments, probably just because I’m the only person under 30 who still writes like that

2018-04-20 04:19:11 UTC

Ha, It's like driving a stick shift or being a unicorn

2018-04-20 04:40:24 UTC

Oh damn I finally got it

2018-04-20 04:40:33 UTC

Didn’t subtract the dividend :////

2018-04-20 04:40:50 UTC

Confirmed for retarded and also stared unblinking at a screen for too long

2018-04-20 04:49:41 UTC

Good job man. Hope i could help 😃

2018-04-21 00:06:17 UTC

@SamanthaM Thank you for the input!

2018-04-24 03:31:13 UTC

Anyone buy more meme metals on the dip? Silver is starting to tighten they say.

2018-04-24 19:42:16 UTC

@everyone Great FMC IPO coming later this year. Potentially September.

2018-04-24 23:37:10 UTC

Keep us posted!

2018-04-25 01:42:47 UTC

Keeping an eye on this. Real potential. ^

2018-04-26 11:51:30 UTC

Sonos IPO also looks promising.

2018-04-26 11:51:56 UTC

Btw, if any of you are students, sign up for the Wall Street Journal. Worth it.

2018-04-27 08:28:33 UTC

I’m graduating with a degree in finance next semester and we’re actually required to sub to the WSJ. Get asked questions about it by professors all the time.

2018-04-27 10:24:43 UTC

Isn't there ways to get around the paywall?

2018-04-27 10:25:50 UTC

@ophiuchus Oh wow. Hope they're at least paying for it.

2018-04-27 13:18:47 UTC

I subbed to WSJ when I was a student, then unsubbed the same month after the constant anti-trump articles during the run-up to the presidential election.

2018-04-27 16:04:57 UTC

Just don’t pay attention to their political pieces

2018-04-27 19:55:11 UTC

@Jacob yeah if you archive the URL of the article you are trying to read then you can read it no problem

2018-04-27 21:11:11 UTC

(((WSJ)))

2018-04-27 21:11:19 UTC

It's ok

2018-04-27 21:11:43 UTC

I study it at times.

2018-04-27 21:16:42 UTC

Finance section is useful for work. Read up on "Off Duty" for conversation tidbits. It's a good way to gloss over a broad array of topics.

2018-05-17 11:03:29 UTC

Over all, 76 percent of the companies that went public last year were unprofitable on a per-share basis in the year leading up to their initial offerings, according to data compiled by Jay Ritter, a professor at the University of Florida’s Warrington College of Business. That was the largest number since the peak of the dot-com boom in 2000, when 81 percent of newly public companies were unprofitable.
<https://mobile.nytimes.com/2018/05/16/technology/moviepass-economy-startups.html>

2018-05-29 02:29:22 UTC

Is anyone here into advert buying? Like on youtube, instagram, facebook, etc?

2018-05-29 02:30:14 UTC

anyone here experienced with generating passive income?

2018-05-29 02:31:41 UTC

Which is essentially my question with ads

2018-05-29 02:32:06 UTC

@NeoRealist Yeah, IG and Facebook. Used to work for an Ad Agency and do marketing for a RE brokerage, so that was a lot of my responsibilities.

2018-05-29 02:32:49 UTC

pm please

2018-05-29 02:45:27 UTC

Better question: Does anyone know how to get into and go about buying social media accounts for ad revenue?

2018-05-29 03:12:48 UTC

@NeoRealist I'm curious, how does buying social media accounts translate into ad revenue?

2018-05-29 03:17:53 UTC

Private companies pay you to put their ads on your page since the page you brought has a large following, thus more people who will see the ad and click on it if interested

2018-05-29 03:19:10 UTC

Or, the social media platform just has a ticker for how many clicks the ad received, and through their conversion process, gives you a cut of the revenue they and the company are willing to provide to you

2018-05-29 03:34:38 UTC

That's awesome!

2018-06-07 05:26:54 UTC

@here I need help figuring out how much it costs to hire an employee compared to their "salary". Like if I hire someone for 100k salary, I also have to pay some taxes on my side like Social Security, Medicare, Unemployment. It seems like a lot to calculate and I imagine there has to be a reference table where I can look at the "sticker value" of an employee and see "the actual cost" that accounts at least for the taxes the employer has to pay that the employee doesn't see.

2018-06-07 05:27:11 UTC
2018-06-07 05:27:18 UTC
2018-06-09 00:54:29 UTC

was listening to some stuff around YouTube, was caught off guard by this guy 😅

2018-06-10 03:54:58 UTC

I understand this is far too long for any of you to probably watch in a reasonable time frame, but basically he discusses the major conflict of interests between the markets and those who use them

2018-06-10 03:57:28 UTC

Those of you who have a better understanding of the financial sector, would you tend to agree with his analysis of how essentially the 90/10 is perpetuated by the IB's/Brokers themselves because its nothing short of a racket?

2018-06-10 04:23:40 UTC

I feel like I just took the financial red pill 😅

2018-06-10 04:25:26 UTC

I'm interested in what this guy's end game is though.

2018-06-10 18:15:25 UTC

Interesting discussion from /r/PersonalFinance:

50% of the boomers have less than $100K saved for retirement. 76% have less than $300K.
Source: <https://www.fool.com/retirement/2016/12/17/baby-boomers-average-savings-for-retirement.aspx>

"My wife uses this statistic to argue against putting more money away for retirement. Her reasoning is that very few Americans have saved anything. The government can't let tens of millions of elderly starve, so they'll tax the people who have saved to cover those who have not. She says it's better to live large now rather than be frugal and then have our savings go to someone else."

That's why I support keeping some savings outside of the traditional banking system.

2018-06-10 18:39:21 UTC

The living large thing I definitely disagree with but if you just use traditional retirement options you're probably not going to be very happy when you're ready to retire. Personally my plan is to slowly transfer my wealth to my children before I die to make sure that I can teach them responsibility and also hopefully avoid as much taxes as possible. I want to die a poor man with a rich family.

2018-06-10 18:43:37 UTC

@Tanner - SC i highly highly doubt they will ever tax net worth or savings. None of the financial elites will allow that to happen. no way in hell

2018-06-10 18:49:58 UTC

There's no telling what they would do in a crisis. The elites will find a way to protect themselves. I'd honestly be most worried if you were relying on any sort of government pension or savings program but who knows what they would be willing to do to prevent food stamp riots.

2018-06-11 01:23:01 UTC

Taxing net worth will not be one of them. Waves of wealthy individuals will give up citizenship and move to like Singapore like that one Facebook investor did after the IPO. And that was just a one time tax! Just think how quickly those billionaires would leave if they were going to tax net worth year after year after year.

2018-06-11 01:29:35 UTC

Yeah I expect that anything the government does will be sold as a one time emergency measure. Who would have thought that they would keep taxing income after the World Wars? Tariffs will never drop below 50% of the Federal revenue. Once we get rid of those dang ransoms to the Barbary States we'll have a massive surplus!

2018-06-12 15:45:02 UTC

Has anyone tried any of the micro-investing apps like Acorns or Stash?

2018-06-12 21:04:14 UTC

@commonplebe - IN sounds like a concept similar to DRIP accounts, which allow you to buy fractions of shares of companies, they've been around for a while and if you don't have a lot to invest but would like to get your feet wet it seems better than doing nothing.

2018-06-12 21:05:19 UTC

Quick google of a review of them, it seems Stash gives you options in what your money goes into. I think that's a more interesting introduction to investing. It helps to have options so I would go with that. Acorns on the other hand doesn't give you any choices in what the money gets invested in.

https://cdn.discordapp.com/attachments/352760194775777282/456202364496510988/Screen_Shot_2018-06-12_at_5.03.15_PM.png

2018-06-12 21:56:53 UTC

@ThisIsChris Thanks for the advice.

2018-06-21 00:32:58 UTC

https://cdn.discordapp.com/attachments/352760194775777282/459153723466317844/Screenshot_20180620-203229.png

2018-06-21 00:33:02 UTC

Interesting

2018-06-21 01:12:34 UTC

>Fox /ourguy/?

2018-06-21 02:27:27 UTC

@Deleted User yeah it's pretty cool to look at stocks and see how their prices react to world events

2018-07-01 15:26:26 UTC

This is a very far off trade idea, but you guys ever think about how much opportunity will be created by asteroid mining?

2018-07-01 15:29:18 UTC

A single 30m asteroid can contain 30B in platinum.

2018-07-01 15:29:42 UTC

Others are also nickel/iron/gold heavy

2018-07-01 15:30:33 UTC

They can all upset the supply of most metal related markets like hell

2018-07-01 15:31:22 UTC

So: short on metals, long on mining companies.

2018-07-01 15:48:02 UTC

And for those not in the know on this stuff: No, it's not *that* far off. We already have companies attempting this, companies like PlanetaryResources and DSI, and NASA (although recently canceling in 2017 the program) has also worked on asteroid redirection and recovery.

2018-07-01 17:30:30 UTC

Yeah, the only people with enough of a reason to get off planet are mega corporations. That's why colonizing other planets is going to be hellish

2018-07-01 17:34:46 UTC

I think it'll accelerate in the near future again

2018-07-01 17:35:16 UTC

If one country ramps up space efforts, all countries do. Space races are great.

2018-07-01 18:17:17 UTC

Do you think the space force could go hand in hand with these ventures? Basically becoming like our navy defending off world trade routes?

2018-07-01 18:40:10 UTC

mmm

2018-07-01 18:40:44 UTC

i don't think we'll have any need to defend space ventures for a long long time

2018-07-01 18:41:17 UTC

There's actually alot of space laws and regulation concerning spacial property already

2018-07-01 18:42:46 UTC

Two words: space pirates

2018-07-01 18:43:57 UTC

yeah, like I said, it'll be a long time before we have space pirates 😅

2018-07-01 18:44:39 UTC

access to space isn't *that* easy/cheap yet

2018-07-01 18:45:10 UTC

put simply, there could be space pirates, when its safe and economical to be one at all.

2018-07-01 18:46:10 UTC

Now if these pirates are governments just being cheeky, then that's different. And then there will really be problems

2018-07-01 18:47:37 UTC

I love thinking about this stuff, but I’m always reminded that if we don’t win our species will be stuck on earth until our extinction, doomed to squabble in the dirt

2018-07-01 18:48:01 UTC

or even worse

2018-07-01 18:48:13 UTC

the *asians* do it first.

2018-07-01 18:49:58 UTC

FTN discussed this a few weeks back and they think the Chinese space program is just a show to save face on the international stage. Their culture has spent so much time focused inward that were they to become the global superpower all off world ventures would cease to be.

2018-07-01 18:51:18 UTC

eh, I don't watch FTN so idk what was considered. But I think the Asians would eventually do it

2018-07-01 18:51:28 UTC

But they don't have our drive

2018-07-01 18:56:48 UTC

But anyways, any kind of off world financial ventures I’m all for. What are your thoughts on Elon Musk and SpaceX?

2018-07-01 18:59:38 UTC

Definitely a fan, Forever butthurt that Spacex is private not public

2018-07-01 19:00:11 UTC

hard to find related investments

2018-07-01 19:05:23 UTC

Agreed

2018-07-01 19:05:42 UTC

Wait, so will offworld resource mining literaly crash the shit out of gold/silver?

2018-07-01 19:05:58 UTC

like, most rare earth metals won't be worth shit

2018-07-01 19:06:29 UTC

Unlikely

2018-07-01 19:06:46 UTC

Those who mine it will probably disperse it like diamonds

2018-07-01 19:06:57 UTC

Selling just enough to keep the price high

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