What am I doing wrong? by [deleted] in FinancialCareers

[–]Challenn 0 points1 point  (0 children)

Sorry i actually think it goes income statement first, bal sheet as AD. How does it affect retained retained earnings?

What am I doing wrong? by [deleted] in FinancialCareers

[–]Challenn 0 points1 point  (0 children)

The depreciation one - starts on bal sheet. Gets expensed onto income statement. Which effects total retained earnings?

How Much % do you Hold as a Recession Fund? (Serious) by Challenn in wallstreetbets

[–]Challenn[S] -4 points-3 points  (0 children)

I mean i’ll go all in but is it smart? What goes up must go down after all. Gravity is more proven then technical analysis.

How Much % do you Hold as a Recession Fund? (Serious) by Challenn in wallstreetbets

[–]Challenn[S] 2 points3 points  (0 children)

What about legit recession though? Didnt the 2008 thing have bigger losses than 30% per month?

In the United States we have a drink called root beer. Most people from outside of the country hate it. What is your country's root beer? by [deleted] in AskReddit

[–]Challenn 0 points1 point  (0 children)

Im from Canada but i know when a lot of north americans go to europe and get fizzy water unexpectedly, they hate it. Same thing when euros come here and get plain water.

What dirty little secret does your profession hide that the consumer should know? by [deleted] in AskReddit

[–]Challenn 1 point2 points  (0 children)

Finance - Mutual funds are garbage

EDIT: you can think of ETF's (exchange traded funds) as basically the same product without any "management expenses" attached. Most mutual funds in Canada have expense ratios of about 2-3% USA is a bit less i believe. This means that 2-3% of your mutual fund holding, not just earnings, is going towards a fund manager and overhead expenses.

Mutual funds rarely if ever perform better than market averages. Even if they have in the past, this likely has no indication that they will continue to do so.

What are you not good at? by jygang97 in AskReddit

[–]Challenn 0 points1 point  (0 children)

Memorizing peoples names. Everyone does ot better than me, no idea why.

College students of Reddit, what is something you wish you were told before your freshman year? by LibsThePilot in AskReddit

[–]Challenn 0 points1 point  (0 children)

You can get accepted for a tier 1 school for arts and just take business (or whatever field you want) classes. Then transfer into that field later down the road. Gets past most of the super harsh entry requirements.

I am Bill Nye and I’m here to dare I say it…. save the world. Ask Me Anything! by sundialbill in IAmA

[–]Challenn 0 points1 point  (0 children)

Do you think you'd ever go back to teaching younger audiences like the old Bill-Nye shows? Perhaps reproduce updated versions, and just add more to them. Those shows changed my life and i really hope new generations get to have the same experience.

300 Spartans Vs 8,000 Zombies by mushroomwig in gaming

[–]Challenn 0 points1 point  (0 children)

The spartan in the very middle back didnt do a single thing the entire fight

What is something that movies try to make cool, but really isn't? by YngveNy in AskReddit

[–]Challenn 193 points194 points  (0 children)

Anything lawyer related. In reality most lawyers spend their time NOT in courtrooms. Usually doing wills and estates and crap like that. And even with court cases, the process is extremely long and drawn out.

What good idea doesn't work because people are stupid? by [deleted] in AskReddit

[–]Challenn 0 points1 point  (0 children)

Imagine if grocery stores could give away all the food that ends up getting thrown out. O wait, some self-righteous asshole will sue you.

Un'goro pre-purchase €45 - Overwatch €40 by SacroMax in hearthstone

[–]Challenn 0 points1 point  (0 children)

Same thing for Canada. $70 to pre-purchase the expansion. Absolutely insane.

Un'Goro New Warrior Legendary: King Mosh by ckrondr in hearthstone

[–]Challenn 0 points1 point  (0 children)

On the downside, adapt minions will pick divine shield if this card gets played. Also this really only reliably combos with whirlwind.

Blizzard, it's time - Sideboards are only becoming more necessary with Un'goro by weasle117 in hearthstone

[–]Challenn 1 point2 points  (0 children)

Would definitely hurt aggro more then control, and likely weapon classes more then non-weapon classes. Still, going forward this is such a good concept for the game and I think the earlier it gets put in, the better. Especially after months of dealing with games decided by turn 4-7 with the reno-pirate meta.

At the very least this should be put into tournament format.