Sanrith Descartes
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Investing General Discussion
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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So I am starting to do the napkin math (not really my numbers are pretty accurate) for our taxes this year. The K1's will be the hardest to get a really good estimate on. Last year after we filed in April I took what we owed in taxes for 2020 and dropped it into my brokerage account and bought FTEC with it and just let it sit all year unmolested. Still have a few months until I need it but it has so far returned 16% with dividend reinvestment. So instead of the gubmint getting an interest free loan from me all year, I made 16% on the money since April. I dont really mind writing the check each year because seeing my return takes the sting out of it (even knowing I pay taxes on that gain the following year)
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Sanrith Descartes
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CDC's COVID-19 guidelines for cruise ships to expire, become voluntary - UPI.com
Guidance outlined by the Centers for Disease Control and Prevention for cruise liners will expire on Saturday, after which cautionary measures to prevent the spread of COVID-19 will become voluntary.
www.upi.com
Hateyou
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I have a buddy that had a cruise scheduled a couple weeks from now. The cruise companies themselves are implementing all kinds of shit still. Masks, daily tests, constant temperature checks. They canceled it last week, didn’t want to deal with that shit during a vacation.CDC's COVID-19 guidelines for cruise ships to expire, become voluntary - UPI.com
Guidance outlined by the Centers for Disease Control and Prevention for cruise liners will expire on Saturday, after which cautionary measures to prevent the spread of COVID-19 will become voluntary.
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Sanrith Descartes
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We had one scheduled for April. Told RCL to go fuck themselves. Guess I wont make diamond status after all.
Rangoth
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I was thinking about one for my family too, figured the kids would be over the moon but i also dont have the patience for that kind of shit anymore. It becomes more stress. The entire point of the cruise is to let the kids go crazy with all the activities while mom and me sit and have pinda coladas
Ill wait till they are done with the nonsense before i go again. For now i just toss in more ski trips or some other outdoor vacation
Ill wait till they are done with the nonsense before i go again. For now i just toss in more ski trips or some other outdoor vacation
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Sanrith Descartes
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I figure at this point going forward we will just fly to islands we like such as Bermuda, St Thomas etc.
It's all fun and games until the kids fall over the side, or if a 100% tested and vaxxed cruise ship comes back to port early because 90% ended up getting the bat sniffles 4 days out.
Sanrith Descartes
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It's been happening. Ports if entry have been denying entry due to fully vaxxed ships having outbreaks.
Sanrith Descartes
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That face when you are winder what the fuck is up with the futures... and then realize markets are closed tomorrow.
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Big Phoenix
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Sanrith Descartes
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I did some theorcrafting with FTEC today. Looking at things like how deep the drop was from high to breach of the 100 DMA and how many days it stayed below the DMA before recovering. Of course it probably means nothing but I think we should see a recovery back above the 100 DMA this week if the last year's trends hold. That low of $124.70 last week is in line percentage-wise of the previous drops below the 100.
Or... it could plunge to $100. Who knows.
Or... it could plunge to $100. Who knows.
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Hateyou
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I’m not sure anyone actually celebrates it. Federal gives the day off and random work places do.
Our company took away one of our paid time off days so they could make it a holiday…but they make everyone work. The hourly workers get holiday pay and the salary people generally get fucked unless they have a cool boss/role that doesn’t force them to be online. It’s pretty fucking stupid.
Sanrith Descartes
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This should help V come tomorrow...
finance.yahoo.com
Amazon rows back on threat to stop accepting UK-issued Visa cards
Amazon appears to have rowed back from a public threat to end support for Visa payments in the UK in a dispute over payment fees. The ecommerce giant sent an email to users of Amazon.co.uk today informing them that the "expected change" -- which was due to take place on January 19 -- will not...
Sanrith Descartes
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On diversity... and not the Mike Brown kind.
Ever notice how most of all the major indexes all seem to move the same way? There is a reason for that. Its called the basket of holdings. At the end of the day, if you are indexing all your are doing basically is deciding how heavy you want your AAPL and MSFT positions to be. QQQ lacks BRK and JPM. There are some other differences (the sector ETFs obviously only hold the sector stocks) but in general you are buying the same 8-10 stocks in different weights. The other real difference is the number of holdings in the ETF. The SPY obviously has 500 and the QQQ 100. In reality, how much AAPL/MSFT do you want?
Ever notice how most of all the major indexes all seem to move the same way? There is a reason for that. Its called the basket of holdings. At the end of the day, if you are indexing all your are doing basically is deciding how heavy you want your AAPL and MSFT positions to be. QQQ lacks BRK and JPM. There are some other differences (the sector ETFs obviously only hold the sector stocks) but in general you are buying the same 8-10 stocks in different weights. The other real difference is the number of holdings in the ETF. The SPY obviously has 500 and the QQQ 100. In reality, how much AAPL/MSFT do you want?
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Blazin
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Reeeee Fake news. SPY has 505 holdings! The best kind of correct, is technically correct.
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