All this does is convince me that other things labeled as “denialism” are probably true.
But what kind of new puppy tho?
Not really. Puts are contracts to buy/sell a stock at a certain price. You don’t have an obligation to execute the contract, so you can resell it. The only risk is what you pay in premium.
So if I buy a $35 put on Twitter, and the price is $27, it will be worth $800 (contracts are for 100 shares) at expiration.
Without getting too complicated, if the stock is not lower than $35, your contract expires worthless.
Holding since $1.03 ?
Coconut oil is what movie theatres use.
I went grocery shopping and they had a big promotion for “meatless Monday’s” with a bunch of soy shit.
I thought it was interesting.
There is no way these people are getting this vaccine.
Definitely, moderation.
My sister used it to quit OxyContin and it was a lifesaver—literally.
But six months later, she had to go through the same process to quit kratom. Not pleasant. Just be sure to take long breaks and don’t up your dosage.
Ugh. Of course Utah. For a solid red state, we have the shittiest leadership.
I miss Chaffetz :(
I thought she was born in the US to non-citizen parents. So she’s an anchor baby.
Be careful. Long term use leads to opiate-like withdrawals.
Not anywhere near as bad as opiates, but for someone who doesn’t use anything else, the comedown can be very... unpleasant.
Please take a look at Thomas Sowell’s “Basic Economics”.
It’s basically economics for dummies and does a fantastic job showing that the free market is pretty much the only way to solve these problems. He cites numerous examples from communist, capitalist, and feudal countries.
Prices in certain sectors are so high specifically because the government gets involved. Healthcare, student loans, housing.
Yes, these problems exist, but Yang and Tulsa’s solutions only exacerbate the problem. They use a smokescreen promising things they can never deliver. Higher taxes only ever lead to more waste and more corruption.
The whole lesson of Idiocracy is that it only happens when good people do nothing.
Do you have any examples?
There is only freedom and slavery.
Shorting stock is where you “borrow” the shares for a fee. So say you borrow Twitter at 33, you collect $33. It goes down to 22, you pay the share back at 22 and keep $11. But if the stock goes to 45, you owe 12, so there’s a loss. Depending on how much the stock rises, there is infinite risk.
You can also buy a put contract that says, if Twitter goes down to $22, you collect the value of 100 shares at 33, minus the contract cost. The contract would probably be something like $500 for a 2-3 week expiration. So you pay 500, and you would collect something like $1300 depending on how much the stock moves (there’s a whole formula to calculate value). However, if the stock doesn’t move enough, or fast enough, the option loses value and could expire worthless. You can’t lose more than the option value though, so your risk is the contract price, in this case $500.
If you want to short with much less risk, look at inverse ETFs. SQQQ is a hedge against big tech, so if big tech falls, it rises fast. This is not a long term hold, and is designed to be sold at the top, so you need to watch it.
Based on March numbers, it rocketed up to $130, and is currently at about $14. So if you buy and hold, it March repeats, you’d get $13000 from a $1400 investment.
The upside is that shares do not expire, and while it may lose value, it will not go to zero. If you are wrong now, you might be right further down the road. You similarly can invest in $VXX and related stocks (volatility). Same concept, but it’s based on market volatility.
Based on March numbers (when we had our mini market crash) many inverse ETFs have a 10-15x upside.
But again, be warned that you need to keep an eye on it. SQQQ is triple leveraged, so it moves very fast. While it did hit $130, it was only there for a few days. It may have gone higher, but you need to decide when you feel comfortable selling.
I personally have investments split among $VXX, $SQQQ, $SRTY, $TZA, $UVXY
Edit: $SQQQ hit $160 in March.
What’s everyone’s thoughts on Tor?
I’ve heard it’s the hardest to track, but also that it may be a honeypot.
Happy birthday, friend
Sold mine a month ago. I was worried I was being too paranoid, but I feel better now.
I started with about $35 in free bitcoin using Coinbase (In 2014 or 15) and its $1k now.
They did run some promotions and I got a few other coins free, like Bitcoin Cash, so you’re may not be quite as high.
Why not both?
Well I’ve met him several times (believe me or don’t) and I think he’s bullshit.
Procedure has never stopped them from breaking laws before.
$SQQQ is very cheap now, and if things reach March levels, there’s a 10x upside
Societal immune system