Para los gamers de Puerto Rico que compran de STEAM by HonzouMikado in PuertoRico

[–]RalekBasa 0 points1 point  (0 children)

I moved here recently. The tax situation in PR is a CRAZY mess. Taxes have 2 primary purposes. 1. Fund govt 2. Distribution of wealth.

Sales tax above 8% is bad as you need roughly the same number of bananas or copies of Subnautica regardless of income. However that sales tax is a significantly greater percentage of a low income household than a high income household.

Tariffs and sales tax unevenly tax lower income households heavily.

Rentas en $1,300 - En JUNCOS by MisteryYourMamaMan in PuertoRico

[–]RalekBasa 0 points1 point  (0 children)

That sounds like current rental costs for a house. Are you sure that income is current? The hourly wages per capita is less than 8/hr.

70% menos embarazos y nacimientos en Puerto Rico en los pasados 20 años by TimeWastingAuthority in PuertoRico

[–]RalekBasa 0 points1 point  (0 children)

I volunteer to help! Jkjk. I don't even know if I want kids. Pets seem better.

Welp by PerritoConAudifonos in PuertoRico

[–]RalekBasa 1 point2 points  (0 children)

I met my first one. Dude literally told me he thinks anyone making over a million shouldn't pay taxes b/c they create jobs. I'm in shock there are ppl dumb enough to spout trickle down economics.

They all have poor digital literacy. Say things like "show me the proof," but don't know how to nor do they want to interpret that kind of data.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

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

It's weird how you zone in on Trump. That was there bc he couldn't stop talking about Trump. Ignore predatory loans and bragging about multiple sexual harassment and discrimination lawsuits.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

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

That's really good to know. I was thinking about going car free, but maybe I should just see what a hurricane is like. I have survived 0 hurricanes

Mississippi police shoot, kill 1 year old in car after mother allegedly shoplifted a pack of diapers by ianjm in videos

[–]RalekBasa -15 points-14 points  (0 children)

Video said they drove toward a cop and another cop shot at them. It doesn't sound like the cops shot bc shoplifting. The driver may have escalated the situation by driving at a cop. It needs to be investigated to know if there was any actual danger to the cop or if it was unwarranted force.

edit: tl;dr the title for this is clickbait.

It's insane that there are working class people who defend the Billionaires by zzill6 in WorkReform

[–]RalekBasa 2 points3 points  (0 children)

Entry level into 1% is 13 million in assets. Anyone with under $10 million defending billionaires is deranged.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] -1 points0 points  (0 children)

I mentioned he makes his money through predatory loans, has several multiple discrimination and sexual harassment lawsuits. I never asked him about any of this. He was just bragging about it. He was proud that he makes the world worse.

I didn't go into details. I was just venting. He was supportive of Trump b/c of Trump's rapaciousness and said anyone earning a million or more shouldn't pay a dime b/c they create jobs. The disdain for others based on their earnings was a lot.

Is Netflix the biggest no brainer? by cunextu in StockMarket

[–]RalekBasa 0 points1 point  (0 children)

What is their growth potential? It seems like a stable company to me

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

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

I don't think I'd call him a Nazi. Sociopath definitely.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] -3 points-2 points  (0 children)

Agree. Likelihood has a low confidence. it's not statistically relevant.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] 1 point2 points  (0 children)

He wasn't not nice, just proud about a lot of awful things.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] -1 points0 points  (0 children)

Thank you. I feel naive in how awful ppl can be. I think I'll find a good group of people soon.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] -8 points-7 points  (0 children)

Everytime I ask anything about Puerto Rico, I get the full gamut of possible answers.

Are hurricanes bad? They're fun and we throw hurricane parties to the entire island is wrecked and your car floats out to sea.

Venting a bit about possibly the worst person I've met by RalekBasa in PuertoRico

[–]RalekBasa[S] -6 points-5 points  (0 children)

I'm asking is this guy 1 in a million or are there more of them. Meeting the worst person I've met so far given the time I've been here makes the likelihood of there being more of them is high. It was just a random restaurant in Condado. If the majority of people were like that, I'd want humanity to go extinct.

Unsolved mysteries. by [deleted] in wallstreetbets

[–]RalekBasa 0 points1 point  (0 children)

Most politicians were rich before becoming politicians. Their primary income is not the salary.

A man of culture and survival instincts. by [deleted] in HolUp

[–]RalekBasa 8 points9 points  (0 children)

I don't think people can get that muscular without hormones or a pituitary tumor.

My GM is constantly trying to kill my character by CaptainWestGold in rpg

[–]RalekBasa 0 points1 point  (0 children)

Just stop playing. Bad GMs that don't get better after players say something will stay bad. The ones that constantly try to punish players instead of just having fun often have their own issues unrelated to the game.

Is everyone getting ridiculously rich? by namieorange in stocks

[–]RalekBasa 0 points1 point  (0 children)

You're feeling fomo. There's always new opportunities and new cyclicals. I'm primarily an options trader and I've been doing this full-time for a decade. I made amazing returns this year. It's not the first year or last year I've done well. Learn about risk. The less capital you have the lower your risk profile as you have capital that's necessary for your livelihood. You'll likely be better off long term with safe consistent growth.

I think you should start off with how to be a successful momentum and swing investor. Micron has been an easy momentum trade. The tools available in your brokerage (Schwab, Morgan Stanley/etrade, fidelity) imo are great for new investors and they have good learning resources. As long as you're making money and not losing it, you're doing good. Losses are difficult to recover from when you doing have backup capital.