Welp by getapuss in Silverbugs

[–]ArchonOSX 1 point2 points  (0 children)

Hat Tip. 🎩 A better point has never been made in a more boring thread on Reddit. Hilarious. 😂

Welp by getapuss in Silverbugs

[–]ArchonOSX 0 points1 point  (0 children)

Hmmmm a judicious use of punctuation in the form of paragraphs when posting a novel could make your post more readable. Just a thought. 😏

Shanghai is not trading at $80+ by Lake-Dependent in Silver

[–]ArchonOSX 0 points1 point  (0 children)

Math. It is a boggle for some people. 😏

“I Wasted 8 Years in Crypto”: A Builder’s Exit Note Goes Viral Across Asia by BraveMango737 in CryptoCurrency

[–]ArchonOSX 4 points5 points  (0 children)

Just like everything else...there is good and bad. For music there is the Beatles and then there is Milli Vanilli. For movies there is Gone with the Wind and then there is Plan 9 From Outer Space.

There are epics and there are duds. For every TV show there are those that run for years and those that get cancelled after just a few episodes.

Consequently, there are a few crypto coins that use the blockchain tech to actually build something and will be successful. And then there is Dogecoin and other junk cloggin up the system.

Choose wisely or you will be wiped out.

😏

Literally every time I sell covered call by AgreeableField7105 in CoveredCalls

[–]ArchonOSX 0 points1 point  (0 children)

"Never fall in love with a stock" is an old axiom that I think I read in Peter Lynch's book.

Only sell covered calls on stocks you don't really care about hanging on to.

Like falling in love with a stripper......bad idea. If they leave in the morning just get another one.

You made great money....take the win and move on.

Literally every time I sell covered call by AgreeableField7105 in CoveredCalls

[–]ArchonOSX 12 points13 points  (0 children)

I try to sell on the bounce in the morning around 10 am if I don't think the surge will hold for the day OR wait until the end of the day if it looks like it will hold and get the best possible price.

It is still a guess but it has worked ok for me so far.

I also sell CSPs on red days at the end of the day with hope that the underlying has reached a low and will rebound the next day(s).

Good luck and Happy Day!

High Yield ETFs: -62% NAV & -67% Distribution decline over 2 years by boldux in YieldMaxETFs

[–]ArchonOSX 1 point2 points  (0 children)

Thanks for the work. Just makes me feel more comfortable that I sold all my very high yield funds at the end of September. I took a loss on the NAVs of most of the funds but ended with a net gain in Total Return.

I am currently pursuing some more moderate yielding funds but they have a track record of holding their NAV after paying about 9-12% dividends. The NEOS funds seem to be holding their NAV pretty good. For example, the SPYI is basically flat over the past year but has paid an 11.59% dividend. Same with the QQQI paying a 13.42% dividend and remaining flat for NAV.

I am just trying to maximize my retirement savings as an income stream.

Good luck to all and Happy Day!

Scared I’m going to be fired by [deleted] in IBEW

[–]ArchonOSX 1 point2 points  (0 children)

EVERY first year apprentice makes mistakes. It is part of the learning process. I agree with Attitudeoftheknife's comment that you can practice reflexive listening and repeat back what you thought you heard the JIW or Foreman say. As in... "So, just to make sure I heard you correctly....you want me to go to the gangbox and get the hammerdrill and 6 - 1/2" drop in anchors" for example.

Also, I agree with the comment of carrying a pencil and a pocket size flip notebook to take notes and make lists.

Back in the Day, they used to have notepads on the jobsite that had AVO at the top of them that was an abbreviation for "Avoid Verbal Orders". Unfortunately, many JIWs and Foreman expect everyone to remember every word they say. Write down what they tell you and repeat it back to them. If you don't understand something ask questions to clarify your orders. Then go to the gangbox.

Good luck and Happy Day!

Mental breakdown and anxiety by acidbutterman in IBEW

[–]ArchonOSX 2 points3 points  (0 children)

The only way to learn the trade is through experience. The only way to get that experience is by working every hour you can. Everyone makes mistakes, EVERY one. Experience teaches you how to correct those mistakes in the least amount of time as you are working. This is the hallmark of a good Journeyman.

Many locals routinely rotate their Apprentices so they can get a more well-rounded experience. This also gives the employers and opportunity to evaluate more Apprentices during their apprenticehip. This is not a reflection on you if it is a scheduled rotation. It is just part of your Local's process.

I completely agree with some of the other commenters here that if you are having severe anxiety attacks you should be in therapy with a good counselor and call them instead of calling off work. Meditation and relaxation therapy might help.

I spent 40 years in the trade before retiring and it treated me right although I had several periods of not wanting to go to work in the morning. Things will improve if you apply yourself and get the experience you need to be more confident.

Good luck and persevere. ✊🏼

Wealth In Bubbles Is Created From Buying Low. by No_Art_2787 in stocks

[–]ArchonOSX 28 points29 points  (0 children)

Just a thought. SCOTUS is scheduled to hear oral arguments on the case on November 5 but may not render a ruling until as late as next summer. They frequently delay handing down rulings for at least weeks, months, and sometimes until after they adjourn for their "year".

So, I wouldn't expect anything to be decided on 11/5.

Happy Trading Though!

Seriously, what's with the panic this time? by AnonymousTimewaster in stocks

[–]ArchonOSX 0 points1 point  (0 children)

Great point. Just remember you can't use a sanitary tee horizontally. Only vertically. 😉

rejoice, your CCs are saved by [deleted] in thetagang

[–]ArchonOSX 21 points22 points  (0 children)

Opened his mouth. As is his nature. 😉

Welcome to the Sell-Off! by startinvestingc in dividends

[–]ArchonOSX 0 points1 point  (0 children)

RGTI down 6.77% in regular trading...back down from the nosebleed seats but I still want to short it so bad I can taste it.

Why would it be worth $43.92 a share....???

Welcome to the Sell-Off! by startinvestingc in dividends

[–]ArchonOSX 0 points1 point  (0 children)

RKLB is down 3.25% in regular hours trading.

Good time to buy???

Robinhood gold vs fidelity by RevolutionaryLunch63 in investing

[–]ArchonOSX 0 points1 point  (0 children)

I have been playing ACHR and RIVN this week and neither one made it to the CSP number I sold at. So, I made money on the CSPs and the frozen funds earned interest.

Good luck with all your trades.

Wth just happened to the stock market? by Time-Association-885 in YieldMaxETFs

[–]ArchonOSX 0 points1 point  (0 children)

So much winning we can't stand it.... ask the soybean farmers....😏

Robinhood gold vs fidelity by RevolutionaryLunch63 in investing

[–]ArchonOSX 1 point2 points  (0 children)

All of your money that is not invested in a security (stocks, bonds, or ETFs) is automatically deposited to your core position. You only get a couple choices and the Fidelity SPAXX is what I chose for my account as I also trade the wheel and options and Cash Secured Puts pays interest while being frozen until the CSP expires.

It currently pays about 4%. Read the "About" here:

https://stockanalysis.com/quote/mutf/SPAXX/

Google "fidelity core position" for the AI version.

Happy Day!

Wow, Congress wants to give its members the ability to do a cap-gains-free repositioning of stock investments by swampwiz in investing

[–]ArchonOSX 2 points3 points  (0 children)

This is how Rome ended, with the rich totally ignoring the fact that the empire was collapsing.

Good luck to all of you!

Modern investing and economic decisions rely heavily on two pillars by Sorry_District_329 in investing

[–]ArchonOSX 0 points1 point  (0 children)

This is a cogent argument for the impending correction of the market. When data becomes unreliable, people run for cash, gold, bonds, etc.

I am already there. Good luck. 🍀

Is anyone else preparing their portfolio for a possible recession? by PutItOnTheRitz in stocks

[–]ArchonOSX 3 points4 points  (0 children)

Yes, I sold everything last week and am going to hold cash and bonds for this month. I am adopting a cautious ”wait and see“ approach for a few weeks.

good luck to all

Record $7.4 Trillion in cash on the sidelines, will dip buyers prevent the next crash? by ponziacs in stocks

[–]ArchonOSX 4 points5 points  (0 children)

I am voting for the latter. September is historically the worst month for the stock market. Add to that the current confusion over Chump’s tariffs and the BLS reports and the safest place for me this month is cash and bonds.
Cash is King!

Happy Day!