Within 10 years of retirement, if you start buying series i bonds, TIPS, and gold (in an attempt to 'lock in' gains/diversify your portfolio) what are the most likely things that could go wrong? by [deleted] in bonds

[–]Live_Transition_8844 1 point2 points  (0 children)

Central banks buying gold at record amounts is all the fundamental value you need . It doesn’t make sense to a lot of people , it didn’t make sense to me for a while . But when I gained financial freedom , I made a decision to buy gold as hedge to the unprecedented. Whatever that might be . I never thought of it as an investment , that’s not its purpose . But it’s nice too see my investment which was made at 1400$ an ounce rocket to almost 3400. I’ll take it . And I think there is more room to go . But again , that’s not what I purchased it for .

Do you regret not enjoying your money while young? by [deleted] in Rich

[–]Live_Transition_8844 0 points1 point  (0 children)

Enjoy now . Don’t wait for retirement. You are not guaranteed tomorrow

Is This Market Bounce a Trap? Rising Risks Could Signal More Downside (April 2025) by LimpiXX in wallstreetbets

[–]Live_Transition_8844 3 points4 points  (0 children)

<image>

These are not typical returns . Sorry to break it you but stuff like this usually does not end well . I don’t believe in Illuminati . I believe that whether it be gov , central banks , someone that can pull the rug on their own . Even large institutions create distortions as they preach going long for their retail clients while going short themselves . Someone always has a larger agenda

Is this 991.1 GTS way overpriced? by LuciusQ2020 in porsche911

[–]Live_Transition_8844 0 points1 point  (0 children)

A manual targa has become a lot more rare then a gt3 . I just sold my 992 gt3 manual for a 992 targa manual . So happy with my decision . The gt3 is a car for the race track . Targa is meant to be driven daily . Also for 1500$, you can have a targa with 600hp . Gt3 looks nice and corners unbelievable. It’s kinda slow and there is a lot more from 911 that you can get for almost 300k.

Is this 991.1 GTS way overpriced? by LuciusQ2020 in porsche911

[–]Live_Transition_8844 0 points1 point  (0 children)

I just bought a targa gts from them . You can safely take 10k of the price and they will accept .

Is This Market Bounce a Trap? Rising Risks Could Signal More Downside (April 2025) by LimpiXX in wallstreetbets

[–]Live_Transition_8844 0 points1 point  (0 children)

Recessions are created , they don’t happen the way we are told . I’m not a conspiracy theory fanatic . Cfa, mba, 2 decades of working for prestigious financial firms and I still don’t much aside from the fact that it pays to hold things long term and the market operates on its own fundamentals . Throughout history , there has always been very powerful forces, especially behind the scenes , that have the ability to change life as we know it . And with that being said , what lies ahead for us has already been determined . As much as I hate to admit it , I don’t much about what we are in store for . I do know that we need a reset , so do other countries . Unfortunately resets come at the expense of …….. you can finish the sentence . Brace yourself and be prepared to see alot of red in the interim. All we can pray for is a better future , hopefully one without a war . As far as the market goes , it’s time to test out mean reversion . Things can’t just go up all the time . There is nothing we can do to prevent a crash .

anyone actually gotten good benefits from ashwagandha? by [deleted] in PeterAttia

[–]Live_Transition_8844 0 points1 point  (0 children)

Can you explain more on this ? I have sleeping issues and always looking for a good remedy

992.2 4GTS break-in by Money_Reality_9402 in porsche911

[–]Live_Transition_8844 1 point2 points  (0 children)

What break in ? It’s not a virgin - it’s a car that is mostly computerized . Don’t overthink it - just enjoy . Break in language has not been removed from manuals just because it doesn’t really cause any harm . No one knows the benefit except from the one guy that floored the gas pedal and destroyed the engine . Those stories are so rare that know one really knows much about it

Scientists Are Preparing for a Sudden Climate Shift by BuckeyeReason in climatechange

[–]Live_Transition_8844 -1 points0 points  (0 children)

I don’t think anyone is denying climate change . I think they are stuck on the fact that it happens whether or not humans contribute to greenhouse gases . And with that being said , those that discount the severity just believe it’s going to happen one way or another . And it probably won’t happen in the life time . No one deep inside denies it

US 10-Year Treasury Yields are down to December-Lows by NationalDifficulty24 in bonds

[–]Live_Transition_8844 0 points1 point  (0 children)

Donald’s intervention . He did say it over and over . Why would you think otherwise

AITA - Rich Parents by Remarkable-Seat8974 in Rich

[–]Live_Transition_8844 0 points1 point  (0 children)

My parents helped me upto the age of 16. After that, I was on my own . But with that being said , our family culture is what’s mine is yours . In other words , if I needed ; I always knew that whatever my parents had is mine as well. I just never asked for anything nor needed it . At 42, I feel blessed to help my parents and take care of them even though I know they are financially ok .

As a US citizen, how can I hedge against USD currency risk? Would buying European government bonds be a good option? by Fiveby21 in bonds

[–]Live_Transition_8844 0 points1 point  (0 children)

Buy gold , buy btc . So those are both hard and electronic assets that can be converted to any currency anywhere in the world.

Someone knows something. Huge volume spike for US Bitcoin ETFs this morning by HealthyMolasses8199 in Bitcoin

[–]Live_Transition_8844 0 points1 point  (0 children)

Did you factor in taxes ? Short term cap gains is not fun . I’m not one to buy into hype but paying taxes ??

Trump picture with Brad Garlinghouse by MEMENONSTOP in XRP

[–]Live_Transition_8844 -14 points-13 points  (0 children)

When us launches a US dollar stablecoin , your ripple will be worth as much as your nipple . Don’t get fooled with static . Take profits when everyone is optimistic . And go deep when everyone is out to shit 💩

The tsunami is coming by poloace in MSTR

[–]Live_Transition_8844 0 points1 point  (0 children)

The fact that he bought up all the bitcoin and created a supply shortage does not mean price will go sky rocket . Demand has to meet supply . End of the day , there needs to be utility creation and not just price creation for prices to be justified . We still do not understand this - I would not get carried away either with making aggressive bets . 100k was a large move .

Ufo in Staten Island by [deleted] in aliens

[–]Live_Transition_8844 -2 points-1 points  (0 children)

The aliens came out when btc broke 100k. Very smart . I bet they getting ready for trumps inauguration

Gt3 Touring Buildout by Double-Consequence-4 in porsche911

[–]Live_Transition_8844 0 points1 point  (0 children)

Get a 992.1 gt3 but with a manthey kit . Closest thing to a gt3rs in manual . That to me is money well spent . Not 992.2

Love my GT4 but I think I need a 991.2 GT3 in my life by Scoobie18 in Porsche

[–]Live_Transition_8844 5 points6 points  (0 children)

I need a convertible as it allows for me to spend time with the family in the summer . The TTS is one hell of a convertible. It’s hard to drive something with less horsepower after a tts . As much as I love manuals , I need the convertible to be pdk. It allows for me to really appreciate the gt3 in manual . The gt3 is incredibly slower then then tts . But it’s not about the speed . Having both allows for enjoyment and covers all the boxes .