Message from @Tanner - SC
Discord ID: 481500991007621140
Silver is still down a bit
What do you like to buy @Louis Loire - NY generic, premium stuff, or both?
us mint stuff eagles tubes mostly
Some Maple leafs too lol
Have a few nice bars from other more premium mints
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.
Exactly no need for fancy stuff I just stack eagles and leafs now
> 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.
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
Canadian Maple Leaf rounds and bars ftw.
2:15 - 4:50
Sounds about right to me
Any of y'all do forex?
@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
Do you trade forex at all?
It's something I would like to learn more about
No I don't, but I'd like to. It seems very opportune
This week this bull market (3/9/09 start date) will become the longest bull run ever over the last 100 years
The S&P has gained 322% over that tome period. The third largest gain during a bull market
@Tanner - SC the dot com bubble in the 90’s followed by the pre Great Depression period in the 20’s
What % gain were they?
Anyone betting with liberals and taking their money?
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%.
Totally legal, they’ll even send you a form 1099-MISC for your earnings at the end of the year.
<https://www.predictit.org/Browse/Group/83>
wow
Bet $36, win $100, profit $64 or 278%.
This isn't the forum...by that I mean: This strategy isn't as effective as it could be. One should really share this in libtard forums so they push the pot up making for windfall profits.
@Tanner - SC I did that a lot in 2016. Some of those bets, like the "Impeached in first term" stuff is really far out. I'll look to jump into some of the midterm stuff though.
@Tanner - SC They still have a cap of 850$ per bet, right?
They most likely still have the bet limit.
@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?
Total balance = $13.89. If you withdraw, you pay 5% on that.
Oh, right. Thanks for that correction.
@ThisIsChris remember, you can for FOR “yes” and AGAINST “no”, thereby totaling twice the bet limit.