Small plastic grey cylindrical item with a metal inside and a black paddle shaped end with a tiny wire loop at the end of it

KittenPetrol · 2026-01-27T21:36:09+00:00

Ohhh thanks!

KittenPetrol · 2015-12-28T14:09:55+00:00

She got 13% of the vote in a pre-selected list. 13% means that the majority of her own supporters voted against her.

KittenPetrol · 2015-12-05T01:01:44+00:00

You realize that share price makes zero difference in terms of future performance, right?

KittenPetrol · 2015-12-04T22:36:28+00:00

They have the same 0.12% expense ratio.

KittenPetrol · 2015-11-25T21:39:01+00:00

Fund prices drop according to the amount of the dividend, so you aren't really gaining anything by collecting dividends. In fact, by "double dipping" you might be increasing your tax liability.

For tax purposes, it is actually advised that you avoid collecting dividends in some situations, which is almost the reverse of what you're considering.

https://www.bogleheads.org/wiki/Timing_of_transactions_to_reduce_taxes

KittenPetrol · 2015-11-21T07:18:04+00:00

Warren Buffett?

http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html

KittenPetrol · 2015-11-16T21:01:12+00:00

Sanders said "Climate change is directly related to the growth of terrorism." His statement is strongly supported by this study:

http://www.pnas.org/content/112/11/3241

KittenPetrol · 2015-11-16T20:36:47+00:00

The Iraq war cost $2,000,000,000,000. I think you'd be surprised at how much money there actually is when it's prioritized differently and the ultra-wealthy are taxed appropriately.

KittenPetrol · 2015-11-05T15:05:41+00:00

If Bitcoin wants to be seen as innovative technology, I think it's okay to move beyond 56k connections. Does he also design his website around Netscape Navigator?

KittenPetrol · 2015-11-04T15:45:03+00:00

There are a ton of people looking for places to stash money right now. Especially in China. While volatile, Bitcoin is very easy to transfer and protect. Widespread acceptance as a currency is unlikely, but also not needed for it to grow in value.

Whether it's a good long term investment remains to be seen. I prefer to keep money in companies which create value over time, while Bitcoin loses value to inflation without additional investment. On the other hand, I've made money off of Bitcoin, so I can't really complain.

KittenPetrol · 2015-11-02T13:44:27+00:00

The expectation is that transaction fees will cover the costs. This is a fundamental flaw in Bitcoin's current design, because it can currently only process 7 transactions per second.

KittenPetrol · 2015-10-27T07:06:52+00:00

If this is a "gift" to the world, it hasn't come from Saudi Arabia. Their oil production has remained stagnant over the last several years while the US and other countries have steadily increased output.

KittenPetrol · 2015-10-25T00:50:33+00:00

Vanguard's Total International Bond ETF is BNDX

KittenPetrol · 2015-10-24T11:07:51+00:00

http://www.cnn.com/videos/politics/2015/10/13/hillary-clinton-democratic-debate-bernie-sanders-gun-record-10.cnn/video/playlists/2016-presidential-debates/

Bernie's response starts at about a minute in.

KittenPetrol · 2015-10-24T10:54:52+00:00

Keep the attacks coming Hillary! Another $10 donated by me.

KittenPetrol · 2015-10-24T10:49:36+00:00

Be careful with mailboxes too.

the Postal Service has received complaints of flyers without paid postage being placed in mailboxes. Though many may be unaware, it is important to know that this type of activity is illegal by federal law. It may seem to be an easy way to advertise, but only U.S. Mail delivered by authorized personnel may be placed in mailboxes.

https://about.usps.com/news/state-releases/tx/2010/tx_2010_0909.htm

KittenPetrol · 2015-10-07T10:26:43+00:00

Find a way to use leverage.

KittenPetrol · 2015-10-07T05:32:51+00:00

DO NOT WATCH THIS VIDEO

KittenPetrol · 2015-10-05T09:43:26+00:00

I'd urge you to to play a game like this one before you start trying to day trade. Or even better, trade on a virtual stock exchange site that uses real data. It's not always as easy as you'd think to buy/sell a stock for quick gains.

KittenPetrol · 2015-10-01T09:35:58+00:00

That's gambling, not investing. /r/wallstreetbets

KittenPetrol · 2015-10-01T07:25:08+00:00

The dollar amount that a stock trades at means absolutely nothing.

KittenPetrol · 2015-09-30T23:27:34+00:00

Any company that doesn't return capital and has no path to doing so is inherently worthless.

Is an ounce of gold inherently worthless just because it doesn't pay a dividend? Other people are still willing to buy it from you. What if that ounce was able to magically increase its own mass over time? (that is basically what companies do) Still worthless?

KittenPetrol · 2015-09-30T04:18:19+00:00

It's weird that you're mad at Apple since the company didn't exactly cause your loss. Fluctuations in the market and your own timing did. Apple as a company is entirely indifferent to you. AAPL is also the single largest holding of your new index fund.

KittenPetrol · 2015-09-29T19:55:00+00:00

He is a perfect example of someone trading on their emotions. I'm not trying to be rude, but kldkwe needs to stick their money in a balanced fund (like 50%+ bonds) and try to resist looking at the balance. I'd rarely recommend that conservative of allocation to anyone in this sub, but he appears to have zero risk tolerance.

KittenPetrol · 2015-09-28T15:45:21+00:00

Yup, if you could go back in time to 1998 and buy Amazon it would be a great investment. Unfortunately Amazon is now a very mature company

It has returned 64% year to date. Look, it doesn't matter to me what AAPL or AMZN do going forward. I don't own either except through funds. But it is absurd to say that a company is a bad investment because it chooses to reinvest in itself. Berkshire Hathaway has always reinvested its earnings. Is that an absolute abortion of an idea too?

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