#noncrypto-investing (Discord ID: 352760194775777282) in MacGuyver - Skills & Academics, page 7

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2018-07-01 19:07:47 UTC

They will also probably use large portions of it for themselves.

2018-07-01 19:12:32 UTC

Something to consider as well, with emerging successes in fusion energy, it opens the door to element transmutation.

2018-07-01 19:12:46 UTC

>Making gold

2018-07-01 19:13:09 UTC

Alright Newton

2018-07-01 19:13:17 UTC

Put the alchemy kit away

2018-07-01 19:15:27 UTC

Nevertheless, most of these elements are much more useful than what they would transmutate to

2018-07-01 19:15:48 UTC

It's been demonstrated with supercoliders already, but I'm just adding that fusion is soon going to be feasible.

2018-07-01 19:16:07 UTC

we literaly are building them now

2018-07-01 19:17:17 UTC

green energy ain't got shit on literal fusion.

2018-07-01 21:29:57 UTC

I have associates from Houston TX that work at Exxon and Shell who are hyped about fusion energy.

2018-07-01 21:30:26 UTC

It would make energy so incredibly cheap that things we haven't even thought of yet will become possible.

2018-07-01 21:30:54 UTC

It would be one of the radical step-changes in human advancement, comparable to the invention of the internet.

2018-07-05 12:47:59 UTC

If exon and shell are producing it then they sure as hell ain't going to give away that tech

2018-07-05 12:48:36 UTC

Human advancement means nothing to them without profit

2018-07-05 23:56:33 UTC

As far as fusion tech goes, it's being heavily funded by corporate interests.

2018-07-05 23:56:40 UTC

So, whatever that tells you

2018-07-06 01:16:18 UTC

Exon and Shell have lots of government contracts. If they end up with a working fusion reactor that thing is going to get scooped up by the military faster than you can say Black Budget. Also even if they get one running there will still be tons of money in the spare parts market. I worked on nuclear fission reactors for the Navy and trust me spare parts aren't cheap. We're talking $60,000 for circuit cards developed in the early nineties type expensive.

2018-07-18 00:16:49 UTC

**Cashback credit cards:**
- Fidelity Rewards Visa Signature Card = 2.0% cash back everywhere. I use this card for almost everything
- Capital One Quicksilver = 1.5% cash back everywhere, zero foreign transaction fees (very rare, use this when purchasing goods from Europe), $100 sign-on bonus if you purchase $500 on the card in the first 3 months
- Sams Club Credit Card = 5.0% cash back on gasoline, 3.0% cash back on dining & travel, 1.0% everywhere else
- Citi credit cards = AVOID, they have banned gun businesses from their services, so I recommend banning them from your services
- Amazon Store Card = 5.0% cash back on everything from Amazon

2018-07-18 00:50:14 UTC

AmEx Blue Cash Everyday card $0 annual fee and 5% cash back on groceries

2018-07-24 02:16:04 UTC

Everyone get their finances in order, get a budget, and save more of every paycheck. That’s how we build wealth.

2018-07-24 02:16:16 UTC


2018-07-24 02:17:35 UTC

I have already budgeted my Trump money into assets. Will continue my steady savings. We need multi-generational wealth that can't be confiscated, so our great grand children can prosper.

2018-07-24 02:19:58 UTC

What we can do with ambition, frugality, and investing:
* Financial independence
* Raise a large family
* Build inter-generational wealth
* Save western civilization through political philanthropy

2018-07-24 02:21:19 UTC

building multigenerational wealth is an absolute goal

2018-07-24 02:22:13 UTC

@Zyzz Do you have any recommendations o. Preserving wealth through 3 and 4 generations?

2018-07-24 02:25:07 UTC

My dad got me into the saving mindset by not spoiling me. He forced a frugal life on me and made it clear that I’ll get a good education and a safe neighborhood, but everything else will be my doing. Any funds would only be received after he dies. Makes sense to me.

2018-07-24 02:25:12 UTC

@Freiheit - CA good question. i am in the building stage at the moment. once i have it built and i have the family i will think about how to preserve it. although i think it has a lot to do with instilling good values into your kids/grandkids. once you die you have 0 control over what happens

2018-07-24 02:25:34 UTC

Family trusts give you a good amount of control.

2018-07-24 02:26:07 UTC

Helps if you have dysfunctional relatives/kids.

2018-07-24 02:26:16 UTC


2018-07-24 02:27:37 UTC

Is there a way I can put physical assets in trust but kept in my possession, like a will, or is that just a will?

2018-07-24 02:29:04 UTC

Of course. A trust differs greatly from a will

2018-07-25 23:51:07 UTC

NEVER finance a car purchase! If you can’t pay cash, you can’t afford it. Lottery tickets are a “stupid tax” on the lower class. Car payments are the “stupid tax” on the middle class.

2018-07-26 00:14:20 UTC

I agree. Save up for a car!

2018-07-26 22:14:39 UTC


2018-07-26 22:14:43 UTC


2018-07-27 10:48:26 UTC

@Deleted User did you see this story yet?

2018-07-27 10:48:29 UTC


2018-07-27 13:05:51 UTC


2018-07-27 14:06:34 UTC

Betting on SJW companies to fail seems like a good investment strategy.

2018-07-27 14:07:32 UTC

Tbh I think fb is going to go back up

2018-07-27 14:27:45 UTC

Maybe over the short term but I think Facebook is past its prime. Something tells me that kids of the next generation wont use it like we did.

2018-07-27 15:53:40 UTC

yes, of course

2018-07-27 16:12:42 UTC


2018-07-27 16:12:53 UTC

haha this was 100% trump

2018-08-01 05:02:07 UTC

@Tanner - SC that's great

2018-08-12 21:58:19 UTC

@ThisIsChris soon you'll have to change your avatar.

2018-08-13 18:02:14 UTC

@Freiheit - CA why's that?

2018-08-13 18:03:00 UTC

Zuckerberg won't be controller of the planet anymore.

2018-08-13 18:04:06 UTC

@Freiheit - CA am I missing something? What happened to him?

2018-08-13 18:04:27 UTC

The previous ten posts.👆🏻

2018-08-13 18:34:34 UTC

@Freiheit - CA lol thanks. I need to think of my next avatar

2018-08-13 18:47:40 UTC

I have been seeing a reoccurring theme of reports that private equity companies are entering the lending space. This makes me think they believe we are at or near the top.

I believe their strategy is essentially “lend to own” as in they will make loans on assets/companies they would like to own at a lesser basis than what they are currently going for in today’s market. This is a form of predatory lending but nonetheless a sign that some of the smartest guys in the room are positioning themselves for an inevitable downturn.

2018-08-13 19:45:02 UTC

@Zyzz hot take. What are some actions you think investors at our level could take? Hop onto REITs maybe? Gold is at a multi-year low too. Idk, what do you think?

2018-08-13 19:52:49 UTC

@ThisIsChris sell off your portfolio and stay in cash. Wait for a correction to happen and don’t be in a hurry to buy or to catch the bottom. 2008 was a horrible time to buy because prices were still going down. Between 2009-2012 was great because things were stagnant for the most part. When we do hit the bottom things are not going to jump back up all at once. No, I don’t think we are going to see another black Monday. So be patient.

2018-08-14 04:40:41 UTC

Shorting SJW companies whenever trump starts to act up is pretty woke actually

2018-08-14 04:40:47 UTC

Not a terrible idea

2018-08-15 22:48:09 UTC

Word of the day on <http://www.UrbanDictionary.com>

2018-08-15 22:48:11 UTC


2018-08-16 00:34:00 UTC

My thoughts on the stock market:

* The government gives people tax breaks for funneling their money into the stock market.

* The government manipulates the interest rates low so that any traditional investment vehicle now gets like 0.05% return and the dollar loses at least 3% of its value every year, so the stock market is the only way to avoid the effective confiscation of your savings. This system is so clever, it manages to steal purchasing power from the cash in your mattress.

* The government gives employers tax breaks if they hold back 5% of your pay unless you agree to go halfsies with them in the stock market.

* They tax you if you don’t stay balls deep in the market until the age of 65, pulling out is not an option.

The stock market is overflowing with the dollars of idiots who don’t belong there.

2018-08-16 03:06:46 UTC

This is true. All my money is in gold, silver, cash, POGs

2018-08-16 11:28:21 UTC
2018-08-16 11:30:20 UTC

My Discover savings account earn 1.73%/1.75% APY, Inflation has averaged 2-2.5% over the last decade. Yes the govt gives incentives to get in (and stay) in the stock market. With that said, a 401k allows you to hold cash or bonds. There are many alternatives to equities

2018-08-16 14:33:19 UTC

Joking about pogs

2018-08-18 15:08:36 UTC

Physical silver all day boys

2018-08-18 15:08:50 UTC

Silver is still down a bit

2018-08-18 16:04:12 UTC

What do you like to buy @Louis Loire - NY generic, premium stuff, or both?

2018-08-18 16:06:11 UTC

us mint stuff eagles tubes mostly

2018-08-18 16:06:22 UTC

Some Maple leafs too lol

2018-08-18 16:06:41 UTC

Have a few nice bars from other more premium mints

2018-08-18 16:14:38 UTC

I used to buy premium stuff but now I just get Eagles and generic rounds unless something really cool pops up. I love poured bars as well.

2018-08-18 17:32:07 UTC

Exactly no need for fancy stuff I just stack eagles and leafs now

2018-08-18 19:03:31 UTC

> a 401k allows you to hold cash or bonds. There are many alternatives to equities

Cash gets effectively stolen through money printing. Bonds are just stealing from future taxpayers.

2018-08-18 21:10:01 UTC

Yes, money deteriorates in value through inflation (one cause of which is money printing). If stocks are projected to earn -10% of the next year which cash gets you 0% while inflation is 2%. Real returns are -12% and -2%. I'd say cash is the superior investment class. Of course we do not have the surety of what the different asset classes will return over any time horizon

2018-08-18 23:48:37 UTC

Canadian Maple Leaf rounds and bars ftw.

2018-08-20 15:12:55 UTC

2:15 - 4:50

2018-08-20 15:13:13 UTC

Sounds about right to me

2018-08-20 15:16:23 UTC

Any of y'all do forex?

2018-08-20 20:58:28 UTC

@Deleted User I've looked into it a few times, I haven't really done anything yes but I have a forex trading account with TD Ameritrade

2018-08-20 20:58:43 UTC

Do you trade forex at all?

2018-08-20 20:58:59 UTC

It's something I would like to learn more about

2018-08-20 21:12:11 UTC

No I don't, but I'd like to. It seems very opportune

2018-08-21 15:35:52 UTC

This week this bull market (3/9/09 start date) will become the longest bull run ever over the last 100 years

2018-08-21 15:36:37 UTC

The S&P has gained 322% over that tome period. The third largest gain during a bull market

2018-08-21 16:33:02 UTC

What’s the #1 and #2 largest gains?

2018-08-21 18:44:50 UTC

@Tanner - SC the dot com bubble in the 90’s followed by the pre Great Depression period in the 20’s

2018-08-21 20:07:57 UTC

What % gain were they?

2018-08-24 03:38:53 UTC

Anyone betting with liberals and taking their money?

2018-08-24 03:38:57 UTC


2018-08-24 03:39:02 UTC


2018-08-24 03:40:16 UTC

You can buy shares of Trump still being president at end of 2019 for $0.65 per share. If you’re right, you collect $1.00 per share. Profit of 53.8%.

2018-08-24 03:40:53 UTC

Totally legal, they’ll even send you a form 1099-MISC for your earnings at the end of the year.

2018-08-24 03:41:08 UTC


2018-08-24 03:48:34 UTC


2018-08-24 03:49:17 UTC

Bet $36, win $100, profit $64 or 278%.

2018-08-24 03:50:45 UTC

This isn't the forum...by that I mean: This strategy isn't as effective as it could be. One should really share this in libtard forums so they push the pot up making for windfall profits.

2018-08-24 04:14:35 UTC

@Tanner - SC I did that a lot in 2016. Some of those bets, like the "Impeached in first term" stuff is really far out. I'll look to jump into some of the midterm stuff though.

2018-08-24 04:14:59 UTC

@Tanner - SC They still have a cap of 850$ per bet, right?

2018-08-24 10:43:22 UTC

They most likely still have the bet limit.

2018-08-24 10:52:30 UTC

@Tanner - SC the site says it has no fees on deposits but 5% withdrawal fee. Does this mean there are no fees on the bets themselves?

Example: bet $5.00 that GOP controls House after 2018. $5.00 / $0.36 = 13.89 shares. Acquire $13.89 if GOP controls House, so my total balance = $5 + $13.89 = $18.89. This balance stays at $18.89, and I can add more, but if I withdraw it I pay 5% x $18.89 = $0.94.

Is that correct?

2018-08-24 10:59:36 UTC

Total balance = $13.89. If you withdraw, you pay 5% on that.

2018-08-24 10:59:46 UTC
2018-08-24 10:59:59 UTC

Oh, right. Thanks for that correction.

2018-08-24 11:02:31 UTC

@ThisIsChris remember, you can for FOR “yes” and AGAINST “no”, thereby totaling twice the bet limit.

2018-08-24 11:03:56 UTC

I had a blast doing that in 2016. FOR trump, AGAINST Hillary, FOR a male winning, AGAINST a female winning, FOR the gop, AGAINST the DNC. Kept stacking up so many different variations on the same that I made enough to buy a car afterwards.

2018-08-24 13:11:39 UTC

@Tanner - SC PredictIt uses a credit card for funding; what is typically used for withdrawals?

2018-08-24 18:03:55 UTC

@Ben - OH I think withdrawal is an ACH transfer to bank account. I’d have to check my records to be sure.

2018-08-24 18:38:16 UTC

@Ben - OH @Tanner - SC in 2016 it was a check mailed to house

2018-08-24 18:42:13 UTC

I learned that Florida is trying to restore the rights of felons to vote just now when I was perusing this site

2018-08-24 18:42:46 UTC

It was never even in the news. A year ago, a guy approached me with a petition about it, but I didn't think twice

2018-08-27 06:42:19 UTC

Today begins the first day of studying for the CFA 1. Wish me luck, this test ruins lives.

2018-08-27 12:07:35 UTC

make flash cards to memorize the formulas and do plenty of practice problems before exam day and youll be fine

2018-08-27 12:07:46 UTC

level 1 is not hard

2018-08-27 12:07:49 UTC

level 2 is hard

2018-08-27 12:08:07 UTC

and level 3 is easier than level 2 from what ive heard

2018-08-27 16:45:41 UTC

@ophiuchus good luck man, I look forward to hearing how it goes.

2018-08-27 19:50:46 UTC

@ThisIsChris thank you! I’m probably aiming to take it in June, and then 2 and 3 the following 2 years. That way when I finish, I’ll only have to wait about six months before I can accept the charter (4 years finance work required, etc.)

2018-08-27 19:51:40 UTC

We out here


2018-08-27 19:52:06 UTC

We’re luckily using this as a textbook this semester

2018-08-27 20:04:21 UTC

I completely skipped the stats portion of level 1 and still passed

2018-08-27 20:04:41 UTC


2018-08-27 20:05:01 UTC

I’ve heard the ethics portion is significantly more substantial that you’d think

2018-08-27 20:06:00 UTC

Yeah I did well on that part because I’m Christian

2018-08-29 01:57:14 UTC


2018-08-29 01:57:52 UTC


2018-08-30 19:21:56 UTC

@Tanner - SC I did a report with a buddy of mine on where the next credit bubbles in the economy are likely to occur. While everyone's mind usually turns to student loans, that sector is complicated with lots of mitigating factors. The sector that is ready to pop unconditionally is the autoloan sector. Subprime loans for automobiles account for about 33% of all autoloans at the moment. One third of those are already defaulted on as of last January.

2018-08-31 10:59:05 UTC


2018-09-01 03:03:14 UTC

Bought a bunch of silver.

2018-09-01 03:41:55 UTC

@Freiheit - CA nice, from where? JM Billion offers 10ozs to new customers at spot and they cover shipping.

2018-09-01 03:42:06 UTC


2018-09-01 03:42:14 UTC

I only pay cash at local coin shop

2018-09-01 03:42:30 UTC

No one wants canadian 80% so I buy that AT SPOT often

2018-09-01 03:43:52 UTC

I also get 10oz bars or 1oz rds usually marked up 3-5% but I have no paper trail, a steady relationship with my dealer, and sometimes I get the inside info on some good stuff before it's ready for sale.

2018-09-01 03:44:08 UTC

Online can be way better, but I like the relationship and anonymity.

2018-09-01 03:52:20 UTC

Nice! Hm maybe I should get in touch with a coin shop

2018-09-01 07:31:51 UTC

@ThisIsChris if that report is available to be shared publicly I’d love to read it

2018-09-01 13:47:51 UTC

@ophiuchus on mobile right now, I'll look for it when I get home. I do have this relevant screenshot of the work though


2018-09-01 13:48:43 UTC

The Quarterly report on household debt and credit was one of the main sources

2018-09-01 15:15:58 UTC

You can get silver almost at spot from a good dealer or online deals

2018-09-01 15:16:16 UTC

It's still down in the 15$ range I believe

2018-09-01 18:21:25 UTC

I sold some gold and silver last year. It cost me $150 to mail it to the buyer. That’s when I realized metals will never be currency again.

2018-09-01 18:46:15 UTC

most places have free shipping lol

2018-09-01 20:40:00 UTC

Free shipping when you buy from a broker, not when you sell. And no there's no "free" shipping when transacting between individuals.

In a future where metals are currency, am I going to spend $20 to mail silver to Amazon.com to purchase $100 worth of goods?

2018-09-02 02:10:16 UTC

So you are saying precious metals are obsolete as an investment because of weight?

2018-09-02 03:31:27 UTC

That's an interesting point that I had never considered, that in a global market, physical currency is logistically clumsy

2018-09-02 06:18:08 UTC

You're assuming a constant price, or elastic supply.

2018-09-02 13:58:01 UTC

Then why do the most rich and powerful people banks nations ect hoard these precious metals?

2018-09-02 14:03:57 UTC

Most rich people and most western nations don't hold precious metals. For any who do, perhaps they like ancient relics. I provided an argument why metals are no longer relevant. Saying "some people like them" does not refute my argument. Maybe you can tell me why some people like them.

How do you see metals being used in the future? They're far too expensive to send around, so if anyone starts using them, people will start printing warehouse receipts again and they'll print them with fractional reserves and it's not that different from what we have now.

2018-09-02 14:39:36 UTC

Russia's has trippled it's gold reserves as of late

2018-09-02 14:40:15 UTC

IDK where you get the info that no Western nation or powerful elites don't stack gold.

2018-09-02 14:40:18 UTC

Bank of England


2018-09-02 14:41:24 UTC

From financial times Today, Germany is one of the biggest holders of gold in the world: it owns 3,378 tonnes, worth €119bn, second only to the US. But until recently, most of that gold was stored in New York, London and Paris.

2018-09-02 14:45:06 UTC

So the top economies of both the west and easy seem to stack gold

2018-09-02 14:46:27 UTC


2018-09-02 14:46:33 UTC

Central banks too

2018-09-02 15:09:28 UTC

As for silver it's industrial use is far more valuable then it's jeweler value

2018-09-02 15:09:33 UTC

Because it is the best thermal and electrical conductor of all the metals, silver is ideal for electrical applications. Its antimicrobial, non-toxic qualities make it useful in medicine and consumer products.

2018-09-02 15:10:16 UTC

Your cell phone computer every single peice of electronic equipment you own has silver in it

2018-09-02 15:11:39 UTC


2018-09-02 23:41:35 UTC

I started buying when they started subsidizing solar panels...I was like..."I'm gonna get my tax rebate before I file...let me get summa those dimes over there"

2018-09-02 23:50:59 UTC

Buy metal because it's valuable for industry use, sure.
Buy metal because it's potentially going to become currency again, I don't think so.
From what I understand, gold is priced far above it's industrial use value, due to speculators thinking it could be a currency again, or the base of a currency. Silver, I don't know if overpriced.

2018-09-02 23:51:04 UTC

You don’t have to hold physical metals unless you want to

2018-09-02 23:52:03 UTC

The majority of metals I have in my portfolio are precious metals ETFs

2018-09-02 23:52:17 UTC

I have a few pieces of silver I have just because I like them

2018-09-02 23:52:22 UTC

My broke ass can’t afford gold

2018-09-02 23:53:25 UTC

Yes, no one's making me. I'm just debating the validity of purchasing with the expectation that metals might one day be currency again.

2018-09-02 23:53:29 UTC

I could see the argument both ways @Tanner - SC I consider it an asset both ways, and it's the only asset I know off that isn't simultaneously someone else's liability. Because I hold it, not a claim but the actual asset...I can retain X value...it is a speculation I'll admit.

2018-09-02 23:55:32 UTC

Yeah I highly doubt they’ll be currency again. In some disaster scenario where the USD, etc, fail, I really doubt people are gonna flock to precious metals, because a catastrophe of that size would basically mean civilization was over.

2018-09-02 23:57:53 UTC

Precious metals are useful as a hedge and not much else- investing wise. Silver and platinum have utility in industry, gold is kinda eh.

2018-09-02 23:58:25 UTC

Gold seems super inflated to me rn

2018-09-02 23:59:21 UTC

Stratton Oakmont: sell us MeeMaw’s old jewelry

2018-09-03 02:19:35 UTC

Always keep a little physical nearby.


2018-09-03 02:44:54 UTC

@Argument of Perigee That's beautiful

2018-09-03 02:46:45 UTC

Thank you, Sir. Peak AnCap.

2018-09-03 03:17:53 UTC


2018-09-03 03:19:13 UTC


2018-09-03 04:42:22 UTC

@Argument of Perigee that is incredibly dope

2018-09-03 04:42:31 UTC

I like the Canadian maple leaves a lot

2018-09-05 04:21:32 UTC

I couldn't help but feel Nike drop today was similar to the Daily stormer endorsement of Papa John's that tanked it briefly before a quick recovery, so I bought some call options on 'em.

2018-09-06 03:08:51 UTC

Can I get anyone's opinion on day trading? I see alot of tutorials on youtube.

2018-09-06 03:09:35 UTC

know what the fuck you're doing, understand the risks. 's about it

2018-09-06 03:10:49 UTC

@Deleted User any particular learning software or any recommended tutorials?

2018-09-06 03:11:28 UTC

Okay, you'll want any good chart analysis platform

2018-09-06 03:12:02 UTC

I use Td ameritrade's TOS software

2018-09-06 03:12:20 UTC

It's free and pretty easy to get the basics of

2018-09-06 03:13:27 UTC

And as far as tutorials go. How new are you to trading?

2018-09-06 03:14:01 UTC

0 experience

2018-09-06 03:14:31 UTC

I am attracted to the ability to make money from home or while on my laptop. Beats Witcher 3. Just being honest

2018-09-06 03:14:38 UTC

Okay, so you'll need to learn all the basics of chart reading. Support, resistance, simple patterns, etc.

2018-09-06 03:15:13 UTC

There's a daunting amount of information on it all but don't worry it's not that hard to get into

2018-09-06 03:16:29 UTC

having a community to learn from/with will really be an asset too so I'd recommend finding trading circles

2018-09-06 03:17:01 UTC

How much of a return is realistic in as short a period as possible?

2018-09-06 03:17:03 UTC

I frequently traffic Techbud Solutions discord, lotsa guys over there making a living from this

2018-09-06 03:17:16 UTC

Depends on how much you wanna risk tbh

2018-09-06 03:17:27 UTC

Really a living? That's awesome.

2018-09-06 03:17:51 UTC

The smaller the time frame necessitates more volatility for price movement

2018-09-06 03:17:55 UTC

if that makes sense

2018-09-06 03:18:28 UTC

Yeah it does. That's what I am aiming for. This stuff is gold by the way. Thanks

2018-09-06 03:18:51 UTC

Yeah I'm just a little bit a head of you in this very same journey

2018-09-06 03:19:33 UTC

I started by papertrading (simulated trading) for the longest time

2018-09-06 03:19:45 UTC

I actually just transitioned to real trading

2018-09-06 03:19:59 UTC

made my first 2.7% profit today actually 😅

2018-09-06 03:22:14 UTC

Well I'll give some of this a shot. Thanks again

2018-09-06 03:22:50 UTC

Just be careful man

2018-09-06 03:28:59 UTC

@Jonaltright I think you should look into "Funded Trader" programs. There's a ton of them. You invest with other people's money. They train you at first, and when you prove you can recognize some patterns then they start to give you money to use. You split your profits with them. As you get better they give you more money and a better commission rate.

2018-09-06 03:29:49 UTC


2018-09-06 03:31:16 UTC

If you're serious into doing this as a career type shift this is a good place to start. My dad is retired now and started doing this a few hours a week. If you want to make real money then you need to do it like a real job, he basically does a bit for a little extra each month.

2018-09-06 03:33:13 UTC

Yeah I'd love to do it as much as possible if I could. I wouldn't have to worry about moving if I needed to. Don't know if I have the math ability to do it though. Any kind of hands on training would help me alot, which this Funded Trader option appears to be. Thanks @ThisIsChris

2018-09-06 03:34:35 UTC

You're welcome! I think it's a good path for anyone who wants to try trading every day since you get trained and can make your mistakes with other people's money

2018-09-06 04:46:37 UTC


2018-09-06 04:47:01 UTC

New robinhood update actually added candlesticks and volume markers

2018-09-06 06:11:28 UTC

I'm so stoked on Gold and Silver going down more...at market rates, miners who aren't well capitalized can't continue to produce. The product is lower in value than the cost of production. When they fold, there will be a "shortage". True this is bad for some people and well capitalized businesses will consolidate in a fire-sale, but it will benefit a lot of stackers.

2018-09-06 06:12:11 UTC

Cost of production for silver is around $20/ozt and gold ~$1200

2018-09-06 06:14:25 UTC

Smart miners stay afloat by making these metals not the primary element. So lead and copper miners find them as a side item in their ore extraction...but exploration is often for a primary source with most of the precious metal miners.

2018-09-08 03:50:06 UTC

New Robinhood update is dope

2018-09-08 03:50:29 UTC

Enlighten me...what is that?

2018-09-08 03:51:50 UTC

Robinhood? It’s what tide posted up there

2018-09-08 03:52:01 UTC

Commission free trading

2018-09-08 03:52:08 UTC


2018-09-08 03:52:28 UTC

I bought several shares of an obscure antimony mining company from there today lmao.

2018-09-08 03:52:37 UTC


2018-09-08 03:53:04 UTC

My Robinhood account is basically used to buy really small cap shares that would be prohibitive to buy with commission

2018-09-08 03:54:49 UTC

Also bought some physical today from an extremely old gentleman with a MAGA sign on his wall above his gun

2018-09-08 03:57:39 UTC

I can’t afford to buy gold lmao. We all silver.

2018-09-08 03:57:45 UTC


2018-09-08 03:59:30 UTC

You can buy fractional gold...Start small like MX 10 Pesos or British Sovereigns, or French Roosters, or Swiss Francs

2018-09-08 04:00:29 UTC

Oh wtf

2018-09-08 04:00:38 UTC

Man why did I never think about that

2018-09-08 04:00:55 UTC

What’s your opinion on gold vs silver or so right now?

2018-09-08 04:01:09 UTC

Kinda skeeves me out its trading for way more than platinum

2018-09-08 04:01:52 UTC

Silver is waaaaaayyyyyyyy undervalued...but Gold is what the elite hoard...They hold art, gold, and real estate. Gold is my grand children's future, silver is mine and my children's...

2018-09-08 04:02:35 UTC

I'm probably too optimistic, but I think the market correction will eventually favor silver, but I don't anticipate living to see gold more sought after than silver.

2018-09-08 04:03:01 UTC

So, you will see a higher percentage increase in value for silver than gold IMHO

2018-09-08 04:03:51 UTC

Gold may go up 10x current valuation, but Silver may go up 100x...so I buy what I can afford, and I'm heavy silver, but I like gold too.

2018-09-08 04:04:36 UTC

I admit, it is pure speculation. I have bought in to all the myths. I believe them all to have truth.

2018-09-08 04:05:15 UTC

Do you dabble in any of the more obscure ones? Like platinum, even palladium etc.

2018-09-08 04:05:57 UTC

I don't because they haven't had monitary history, but they have a great deal of value, very market specific.

2018-09-08 04:06:03 UTC

palladium is tricky

2018-09-08 04:06:07 UTC

there isn't much in the world

2018-09-08 04:06:56 UTC

The physical investing community seems to be heavily right-wing, certainly more so than general investing people I deal with. I was also easily the only person under 25 in that shop. Think the owner was surprised I knew what a “spot price” was.

2018-09-08 04:06:59 UTC

it spiked last because someone at GM couldn't get platinum for an order, and found out palladium was as effective in CatConverters, so he bought all he could (like half the world's supply) and the market reacted

2018-09-08 04:08:42 UTC

Oof wow

2018-09-08 04:08:45 UTC

Yeah, I always check before I walk in just in case...but over time I have built a relationship with my dealer. In CA they have to collect tax on sales of metals, but with frequent purchases they've come to say, "we'll cover that this time" pretty often. Even worked on some hobby stuff with them.

2018-09-08 04:09:08 UTC

Typical markup for the shop is 3-5%

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