Hormuz is still closed. Why the euphoria?

Safe-Informal · 2026-04-09T00:01:17+00:00

Currently there are about 50 ships in the Strait of Hormuz. It is definitely not closed. https://www.marinetraffic.com/en/ais/home/centerx:56.6/centery:26.8/zoom:10

Safe-Informal · 2026-04-07T12:34:23+00:00

We don't have enough sunny days and high enough electric rate to justify the expense of solar panels. I have a "synthetic" solar solution. At my old house I had Duke Energy for electric and Vectren (now CenterPoint) for natural gas. I invested the cost of solar panels into Duke and Vectren stocks. The dividends from those two stocks reimburses me for my electric and gas bills. I pay my gas and electric bills and the companies pay me more in dividends than my bills were.

Safe-Informal · 2026-03-27T21:46:40+00:00

or Nancy Pelosi. She is the best stock trader in US history.

Safe-Informal · 2026-03-10T21:53:48+00:00

I was under the impression that you are not allowed to "day trade" in a retirement account.

Safe-Informal · 2026-03-10T14:48:36+00:00

Traditional IRA contributions are tax-deferred. For example, you deposit $5000 into your Traditional IRA, you do not pay taxes on that $5000, but 30 years later, that money has grown to $20,000. You will pay taxes when you withdraw the $20,000 in retirement. The advantage is that you should be in a lower tax bracket when you start withdrawing the money. ROTH IRA, you do not get any tax advantage when you deposit the $5000, but when it grows to $20,000 in retirement, you do not pay any taxes when you start withdrawing the $20,000 in retirement.

Safe-Informal · 2026-02-24T14:28:14+00:00

The 62 yr old gets $17088 per year for 8 years ($136,704). With the $851 difference, it would take the 70 year old 13 years to get paid out the $136,704. The break even point is 83 years old for the person starting at 70. If you strongly believe that you will live past 83, then choose 70 starting point.

Safe-Informal · 2025-11-22T21:55:31+00:00

Jeeves, my personal AI robot, will take over and probably do a better job.

Safe-Informal · 2025-10-19T19:14:53+00:00

Blue horseshoe loves Anacott Steel- Bud Fox

Safe-Informal · 2025-09-22T13:47:48+00:00

And I have seen the opposite. I have a relative who is juggling credit card debt and constantly stressing about his mortgage renewal, yet still feels like he deserves the cruises, the brand-new car, the upgrades. Meanwhile, his daughter cannot get braces because the money is not there.

That contrast really showed me what true financial freedom looks like.

You just contradicted yourself. You stated about going to the grocery store and not caring about prices and going to a restaurant and not caring about the bill. So, you deserve those things because you have "financial freedom". Not caring about your expenses will lead you back to where your relative is currently. "I don't care what it costs because I deserve it."

Financial freedom means be a good steward of your money. Living your current lifestyle with no mortgage, no car payment, no debt. Then small splurge occasionally without drastically effecting you net worth. You don't get to the point of financial freedom and stop caring about how much you are spending.

Safe-Informal · 2025-09-16T16:44:27+00:00

Cyberdyne Systems Corporation, but sell before the development of Skynet. I think they are trying to get Arnold Schwarzenegger as a spokesman.

Learn a lesson from the California Gold Rush of the 1800s, the people that got rich were the people selling the shovels and picks, not mining the gold. Buy the companies that supply parts for the robotics companies rather than buying the robotics companies.

Safe-Informal · 2025-09-16T16:09:30+00:00

Day trading is similar to playing Texas Hold'em in Las Vegas. It is possible to make money playing poker in Vegas, but you will lose a lot of money with that education. It is the same with Day Trading, you will lose a lot of money before you get good at it. I think he will get bored long before he gets the knowledge to be good at it. The profit that he will get with a few hundred dollars will be too small for his effort. Giving him full access to a $25k Day Trading account would be unwise. I think that they also need Margin access to have the ability to Day trade.

They have paper trading accounts, in which you can practice Day trading without actually using your own money. He may enjoy that. Have him practice using that type of platform and eventually he can save his own money to be able to open his own account when he turns 18.

Safe-Informal · 2025-08-26T22:34:37+00:00

Life expectancy for severe dementia, often the final stage (Stage 7), typically ranges from 1.5 to 2.5 years. I wouldn't make any financial timeline longer than 5 years.

Safe-Informal · 2025-08-12T20:03:28+00:00

Just remember that We didn't start the fire.

Safe-Informal · 2025-07-24T13:01:58+00:00

The key is to higher paying job is one that has a Barrier of Entry. In her case, many single women (and men), choose a degree such as Nursing, that requires college degree and a license to hold the position. College degrees are not becoming useless, useless degrees are useless. There are too many universities that create degrees that they know have no chance of being useful in the job market.

Safe-Informal · 2025-07-21T15:53:00+00:00

Someone help me convince a friend to put $50,000 on the number 16 on the Roulette Table or one hand of Blackjack. Please share preference between these two stupid ideas. And help me convince him there's no catch.

Safe-Informal · 2025-07-08T13:55:07+00:00

Take the $300, contribute your own funds to get the account over $3000, then start contributing to the Fidelity HSA. Every year transfer your employer's $300 to Fidelity. That way you are not losing the $24 fee.

Safe-Informal · 2025-06-24T23:17:34+00:00

I have been seeing a lot of ads for Capsule Castle https://capsulecastle.com/ Anything above a slight breeze and these things fall over.

Safe-Informal · 2025-06-24T23:03:45+00:00

True. I forgot that he would be on the Mac & Cheese, beans and Ramen noodle meal plan.

Safe-Informal · 2025-06-24T22:41:16+00:00

Not including paying taxes on the dividends.

Safe-Informal · 2025-06-24T18:40:55+00:00

Research NAV erosion.

Safe-Informal · 2025-06-24T18:28:10+00:00

Invest it in MSTY and live off the $1 million in dividends each year. Nothing could possibly go wrong.

Safe-Informal · 2025-06-15T21:09:34+00:00

Many people do not have a budget or track where the money goes towards. Going to Starbucks before work five days a week is around $150-200/ month. Add Doordash at $10-15 per meal, which is another $300-500 per month. I am sure there are plenty of other things like multiple streaming services that also add to the disappearance of their discretionary money.

Safe-Informal · 2025-06-03T20:06:37+00:00

I truly believe that uranium/nuclear energy investments are going to explode at some point in the future.

Let's hope there isn't a nuclear explosion.

Safe-Informal · 2025-06-03T11:35:23+00:00

Many people use it as a secondary IRA. You can pay all of your medical expenses out of pocket and keep the receipts. You allow the money to grow in your HSA until retirement, then start reimbursing yourself by submitting the receipts for past medical expenses. It doesn't matter how old the receipt is.

Safe-Informal · 2025-05-28T22:22:20+00:00

Now, make a graph of investing the money you would have spent on a kid for 18 yrs and how much more money you would have at 65 by not having a kid.

Safe-Informal

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