Everything posted by ClearedHot
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The Next President is...
Wait until Harris gets in the seat. If I were king for a day we would have a non-narcissist mentally capable president from one party who acts and speaks like a President. The House would be controlled by one party and we wouldn't have an 80 year lunatic as the speaker. The Senate would be controlled by the other party and the Majority leader would be of a reasonable mindset. They would be forced to work TOGETHER and DEBATE issues to work towards COMPROMISE as the framers intended. Who am I kidding?
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Gun Talk
Ruger PC Charger with a Glock mag well to accept Glock large cap (32 round), magazines. I added the SB Tactical brace and a red dot. Fits nicely in my go bag and easy to hang on the back of the seat in the truck.
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The Next President is...
Yeah no problem with his mental facilities...not a single coherent sentence in this rambling statement. Him good at math as well. Stooge.mp4
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Investment showdown -- beyond the Roth, SDP, & TSP
You are correct and I am guilty of it as well. Obviously politics and policies that flow from politics have a great impact on the market and investing but we (I as well), should limit that to focused impact comments rather than political bitching...I'll do better and help others do the same.
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Investment showdown -- beyond the Roth, SDP, & TSP
Chemtrails...wow, ok then. It is one thing to to claim regulatory action and restrict action on some stocks like adding positions in order to calm the storm. That is NOT the whole story. I have confirmed with at least five friends that Robinhood locked them out of their account for HOURS and would not let them sell as the stock lost 50% of its value. One friend finally gained access to his account at 3:29 CST yesterday and it was too late to do anything, not that he would have timed it perfectly at the top, but if he had this little lockout cost him $90,000. Their little statement about letting people sell their positions was a lie and not a "regulatory issue." Of course the shares short can't be greater than the free float yet Melvin shorted at 140%...so the regulatory actions only work when it is the little guy taking advantage? GTFOOH! This was completely to the benefit of the hedge funds and had nothing to do with Chemtrails.
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Investment showdown -- beyond the Roth, SDP, & TSP
So the plot thickens on the Gamestop deal. This morning all Robinhood employees were given a $40 gift card...LOL Supposedly employees are disgusted by what happened yesterday and some want to speak out. Citadel continued their manipulation this morning and is working with Robinhood in a vain attempt to manipulate some of the crypto currencies (although Bitcoin was over $37,000 when I looked a little while ago) in an effort ot offset some of the hedge losses. I have head some of the Robinhood customers were using ethereum and such.
- Investment showdown -- beyond the Roth, SDP, & TSP
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The Next President is...
Not sure why everything comes back to Trump? Trump did four EOs in the same period of time and that included reversing Obama policies.
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Duck Update
Insert (sts), soft porn music while reading.
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Investment showdown -- beyond the Roth, SDP, & TSP
The average investor is at such a disadvantage...especially when the ruling class is all in on it. Don't want to read the article...summary - The Pelosis bought Tesla call options right before Biden announced the entire government fleet was going to switch to EV. https://www.refinery29.com/en-us/2021/01/10280347/nancy-pelosi-tesla-stock-investment-politicians-ethics
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The Next President is...
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Duck Update
Brother...life is a gift and we should make the most of every moment. Tough times make tough people. Congrats on a new beginning.
- Investment showdown -- beyond the Roth, SDP, & TSP
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COVID-19 (Aka China Virus)
Cuomo Lied...imagine that - NY undercounted nursing home deaths by thousands, AG says
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Investment showdown -- beyond the Roth, SDP, & TSP
Supposedly the SEC is already investigating and they are looking at the Reddit folks as possible manipulators...I don't know the answer here but I do know the hedge funds have been acting as market movers for years, driving prices up or down based on their deep pockets...when they finally get a taste of their own medicine that has made them billions and billions of dollars, they scream bloody murder.
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Investment showdown -- beyond the Roth, SDP, & TSP
While Robinhood is saying they are allowing people to close positions, the reality is they locked many people out today. I have friends that were locked out of their accounts for hours and the stock price tumbled thus saving the hedge funds millions. I saw a report a little while ago saying a South Korean firm had been watching Gamestop and did not agree with the hedge fund short recommendation so they purchased a lot over the past two weeks. Their trading was not inhibited and they sold near the peak making approximately $1Billion in profit.
- Investment showdown -- beyond the Roth, SDP, & TSP
- Investment showdown -- beyond the Roth, SDP, & TSP
- Investment showdown -- beyond the Roth, SDP, & TSP
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The Next President is...
I've seen you drink beer, I can't afford that bill.
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The Next President is...
I start with investments, I've built wealth and want to protect it. I had three numbers when I first started. The first number was the lowest number I needed to retire, we could be careful, manage our spending and cover our expenses no issues. We hit that many years ago. The second number was living at our current quality of life now but not having to work. I have raised that number over the years as we have raised our standard of living, we keep acquiring toys and some of them (airplane/RV), are expensive. I have a very nice retirement as a 26 year O-6, my wife works and makes a great salary, I work and am over compensated for my capability, we also have a side business that brings in about $10,000 a month in passive income. I won't into specific numbers but I am forced to make quarterly tax payments of $15,000 in addition to our withholding and still have to make a huge tax payment every April...I know tough problem to have. We hit the second number several years ago. My third number was to be stupid rich and I never really thought it possible, but it is. Sorry for the long section on investments but I grew up poor and it really shaped me. The rest of the reading is loosely related because all of these policies and actions by the different political parties really impact where I put my money. I use Morgan Stanley as my wealth manager and they have a host of products I sort through each morning. CNBC has a great pre-market snapshot which also links to great articles about trends and emerging opportunities. The Motley Fool has a nice daily summary, but also has a lot of fluff and hidden advertisements. I also use Market Watch which is a great tool to get down in the weeds of investing should you so choose. I used to have a bridge between investments and the news and would read daily articles in the Economist, but they completely jumped the shark in the last two years and went full retard political which is truly sad because they have some great analysts. Around 0600 the Early Bird hits my email, it used to be so much better but still provides a summary of the previous day and the overnight actions in the defense industry. You can sign up, it is free. Next I look at BBC, like most they are biased but they also provide a world view. I think taking a few minutes to see how the rest of the world views us is very important. Keeping the previous theme in mind next I go to Al Jazeera which has excellent coverage on some things. Most days I cycle in the Washington Post and Wall Street Journal. I work most of the day and that requires other reading, some of it technical, most of it more strategic. As part of my job I spend an inordinate amount of time looking at the Federal budget. While not a lobbyist, for several years I have been going to the hill as an expert on a few key areas and technologies. During the week I cycle through Foxnews/CNN/ABC/CBS/NBC for an update, while we make dinner. My son is very active in sports so while he is practicing most nights I tend to read to pass the time. I have about 10 books going right now, a great one written by a good friend called When The Tempest Gathers I am purposely reading the book slowly and a bit at a time. Last week I finished Oliver North's new book The Rifleman, Admiral McRaven's book Sea Stories: My Life in Special Operations and Rum Curious which is a great book about the origins of Rum and a tasting guide which I found very useful...I also learned some things about the rum market and actually changed an investment because of it. This week I started a re-read of the classic The Odyssey by Homer. The classics are important and were used to frame the thinking of the founders of our country.
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The Next President is...
I read prolifically, have since I was a kid which has really helped me in the stock market, currently buying a new airplane as a result. Also, I care about my country and the issues. I think when the mainstream media shifted from print to TV and Digital the depth of stories and understanding began to shrink until today when they rush through every 30 second story and knowledgeable people who are interviewed never get more than a minute to talk. In reality news today is about the sensational topic and a brief "Tik Tok/Snapchat cursory summary"
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The Next President is...
I have no issue with teaching science and yes I believe climate change is a legitimate concern. The problem is the accord doesn't mandate education the science, instead it mandates education on how to protest. I truly hope this doesn't turn into the evolution versus creationism argument.
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The Next President is...
Under the banner of you can't make this shit up... Amazon seeks to block workers from voting by mail in landmark union drive
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The Next President is...
I don't agree with his wishing away COVID-19 approach, but the reality of the government response was not that as Biden has learned. Tweaking on the margins is fine, but we need some serious effort on the supply chain and the way the states are administering the vaccine. Are you serious on the Ethics EO? You seem intelligent and I am not trying to insult you but have you actually read what the Trump EO did and what this "undoes?" Trump's ethics pledge EO actually tightened restrictions. His EO put a five year ban on things like lobbying to an agency the person worked for and a ban for those in the executive branch that basically said they could not lobby the executive branch for the remainder of the administration. Also, he closed the "Shadow Lobbying" loophole that Obama put in place. Here is an excerpt from a 2017 assessment of Trump's Ethics EO - "Because the five-year post-employment ban applies to behind-the-scenes activities in support of lobbying, the employment prospects for administration officials will be significantly more limited than in the past. The Pledge appears to prevent hiring a former Trump political appointee to serve as a strategic advisor for government affairs, even if that person operates in a manner that does not require registering as a lobbyist. The five-year post-employment ban also appears to bar other types of behind-the-scenes work in support of lobbying, such as research, drafting leave-behind documents, and creating issue scorecards." One thing that both Obama’s and Trump’s Ethics Pledges contain is a prohibition on gifts from lobbyists — the Executive Order bars appointees from accepting gifts from registered lobbyists and organizations that employ them. Realistically Biden just loosened the rules and in total I don't think that was very well thought out or a good thing.