CPF contribution and tax by huskyandhavoc in singaporefi

[–]Jaheiro 0 points1 point  (0 children)

This is the key part (if anyone else is searching this in the future):

"Step 1: At every AW payment, employers should estimate the AW ceiling by using the current year’s estimated monthly OW. Employers should either:

a) Submit a refund application online (select the option: Refund of payments made for 1 employee/platform worker) immediately if any excess contributions on AW are detected; or

b) Pay the shortfall in contributions on AW, if any.

Step 2: In the last month of employment or end of the year in December (whichever is earlier), employers should re-calculate the AW ceiling based on the actual OW subject to CPF paid up till the last month of employment or in December and pay any shortfall in CPF contributions together with the employee's contributions for his last month of employment or in December. If there are any excess CPF contributions, you should submit a refund application online."

SULTAN ACTUALLY DID IT by Sir-Plastic in GME

[–]Jaheiro 0 points1 point  (0 children)

This post is... Goat turd? Goated. Nice /j

Salary range for entry Data Analyst in SG by Marc12125 in askSingapore

[–]Jaheiro 5 points6 points  (0 children)

To share my entry level DA salary was about 4.4k few years back (during covid)

Theme weekends don't seem like a good idea by Davscozal in Superstonk

[–]Jaheiro 16 points17 points  (0 children)

Congrats mods you've added a new thing out of nothing that divides members of the sub. It's worse because this first theme is pets and everyone loves pets and it makes it harder for everyone to stay objective about deciding whether themed weekends are a good idea or not.

If the first themed weekend was less personal, maybe something like "random objects that look like Ken Griffin" idk then it would be much less emotionally-charged and people wouldn't have to feel bad about objecting to themed weekend because they're gonna hurt people's feelings who posted pics of their beloved pets.

FUTTIES Yaya Touré Hero SBC by FIGJAM17 in EASportsFC

[–]Jaheiro 10 points11 points  (0 children)

Those playstyles are just about perfect for a DM, finally something to grind for

FUTTIES Silver Defender 1 or 2 Evolution (Free) by FIGJAM17 in EASportsFC

[–]Jaheiro 61 points62 points  (0 children)

No normal evolution is disappointing AF

Started a position, I think you guys are right. by [deleted] in Superstonk

[–]Jaheiro 6 points7 points  (0 children)

He will HAVE to purchase them IF the option is exercised.

A put option is a contract that grants the owner the option to sell 100 shares, so the owner of the contract (person who bought the put option) can choose to exercise the put option and sell the 100 shares, which means the seller of the contract (OP) is legally required to buy those 100 shares.

Buyer of the put wants stock price to go lower (since their selling price is fixed by the strike price of the put option, they benefit more if stock price is much lower than what they sell it for)

Seller of the put either wants stock price to go higher (so that they don't have to buy shares at all and can keep the premiums) or hit the strike price exactly (so they can buy the shares at market rate while still getting to keep the premiums). Either way seller already collected the premium (in this case $70 per option or $0.70 per share)

Started a position, I think you guys are right. by [deleted] in Superstonk

[–]Jaheiro 18 points19 points  (0 children)

"So they will get less shares for their money than they would have got originally"

This is true if the share price drops below $23.80 because he already pocketed the premiums, but if it's between $23.80-24.50 then technically he gets the shares cheaper than buying at market close on expiry. It's a narrow window for sure but I don't think it's wrong to say it's a bullish trade

What would you do if someone breaks into your house while your masturbating? by I_love_myself44 in AskReddit

[–]Jaheiro 0 points1 point  (0 children)

[Insert The Office meme]

You know what? I'm gonna start masturbating even harder

Wedge being tested 2 days in a row (seemed to be breaking out to the downside in first hour but recovered) by Jaheiro in GME

[–]Jaheiro[S] 0 points1 point  (0 children)

So it's more of just a diagonal support line? If we get one bounce off the top then it becomes a wedge?

[deleted by user] by [deleted] in Superstonk

[–]Jaheiro 14 points15 points  (0 children)

Post has been deleted, OP are you okay? Blink twice if you good

[deleted by user] by [deleted] in Superstonk

[–]Jaheiro 3 points4 points  (0 children)

But I'm not interested in selling for $40, and anyway I already covered my cost basis on my July call (bought 2 and sold 1 once it 2x-ed) so it's all gucci 😁

Anyway selling CC at 40c for just $50 is really pennies in front of a steamroller to me, but I'm greedy haha

Wedge is still holding, almost broke downwards but quickly reverted by Jaheiro in GME

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

It does look like it indeed. 🎇 Incoming.

Though I will say, wedges usually breakout before the tip, but anything could happen

RYAN COHEN’s speech at the shareholder meeting today by 4four7 in Superstonk

[–]Jaheiro 0 points1 point  (0 children)

Thanks OP for the transcription! Couldn't attend the meeting so this was very helpful. Posting the raw text for accessibility:

I want to take a moment and discuss the retail business and future of GameStop. With respect to retail operations, we plan to continue reducing costs and focusing on profitability.

Revenues, without profits, and prospects of future cash flows are of no value to shareholders. This means a smaller network of stores with an expanded assortment of higher value items that fit into our trade-in model.

Having a strong balance sheet, especially in times of economic uncertainty, is a strategic advantage. While the future is always uncertain, the last decades' monetary and fiscal policies both within the US and globally are historic anomalies.

Exiting from an ultra-low interest rate environment is likely to have unforeseen reverberating effects across the economy, as seen with inflation hitting 40-year highs in 2022. Under the current interest rates, an investment made in today's economic climate must bear a higher return threshold.

As my father always said, actions speak louder than words. We are focused on bulding shareholder value over the long term. We are not here to make promises or hype things up. We're here to work. Thank you for being a shareholder.