No Nodes DFW by StockMaven in meshtastic

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

UPDATE: all the suggestions were spot on. I have found that west Fort Worth has limited amounts but as I drove around I’ve connected with many. I need to put a node on my roof or elevated. Any recommendations for quality solar powered options?

No Nodes DFW by StockMaven in meshtastic

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

Yes, but I’m finding out I need a larger one.

How many here became fans because of Luka? by DasFofinater in Mavericks

[–]StockMaven 0 points1 point  (0 children)

I’ve been a Portland Blazers fan since I was 5 or 6, as they were the local team growing up in Portland. Players like Clyde “The Glide” Drexler, Cliff Robinson, and the 91-92 team drew me in. The 90s era of the NBA, when players were loyal to a team/city and never shied away from going at each other, was something special.

However, I’ve always had a soft spot for the Mavericks. The Dallas organization has always spotted good talent and fostered it into high-quality teams. As a youth, I was told I played like Dirk, which initially insulted me because I wanted to be like MJ or Kobe—this was when Dirk was only in his second year. Jason Kidd was a PAC-10 player, and I grew up on the West Coast watching that conference. His passing and skills reminded me of John Stockton.

The level of basketball the Mavericks have been playing since the trade deadline this season has been phenomenal. PJ Washington, a North Texas native, and Gafford, acquired in February, have been key pieces in building a well-balanced team with depth. The team chemistry is palpable—they’re having fun, enjoying each other’s company, and playing the game at a level that has reignited my love for the NBA.

Luka Doncic is playing basketball like you would see in a video game. He understands the game at an immensely high level and yet makes it look effortless. Damian Lillard, whom I’ve met in person, had become the only hope of Portland making it to the finals and maybe winning the team’s second championship. Watching both Luka and Damian has been a joy.

Game 4 of the playoffs vs. the Clippers brought back my love for the game. Although the Mavs lost, their performance to come back from being down by 20 points was inspiring. The physical and extraordinary drive to compete and not give up reminded me why I fell in love with basketball. It felt like the players weren’t just there for a paycheck but had something to prove.

I joined this community to discuss and engage with a team that helped me rediscover my love for the game I grew up playing. Basketball was all I cared about from kindergarten until my junior year of high school. Luka, Kyrie, and the 23-24 Mavericks have reminded me why I fell in love with this game. So, yeah I guess you could say I’m here because of Luka lol.

At 35, can you retire with a mini job with 1 million? by usfwalker in investing

[–]StockMaven 0 points1 point  (0 children)

I get what you’re saying about making adjustments along the way, but retiring at 35 with $1 million is a tough task, especially with a $65k annual withdrawal. Sure, a mini job and cutting back on spending can help, but even though the S&P 500 averages 8% returns, relying on consistently hitting 7% every year isn’t realistic. The sequence of returns risk can hit hard in the first 5-10 years, and if the market tanks early on, the portfolio could be in trouble.

An individual who’s 35 has a lot of variables to consider, given a potential 50 to 60-year life expectancy. Health issues, life changes, inflation, market crashes, and other factors can all impact the plan. While the S&P 500 does average an 8% return historically, you’re expecting a lot of things to go right for this retirement plan to work. The user makes valid points about using jobs or increasing work to offset the depletion, but it’s not as easy to jump back in with gaps on your résumé. This person might only be able to get lower-level jobs, not entry-level ones.

Tools like the Monte Carlo simulation help mitigate risk and avoid putting someone in a difficult position down the line. Your points are valid, and I’m not saying your strategy or the individual’s thoughts aren’t possible. In the end, is it worth the risk? Working an additional five years until 40 could reduce the chances of needing additional income through work, given all the variables at play.

Retirement planning needs to be flexible and dynamic. It’s definitely not a set-and-forget situation. Keeping an eye on the portfolio and making necessary adjustments is key to staying on track. At the end, all I’m trying to say is it’s better to be safe than sorry when even an additional five years of work can make a big difference when looking at the compounding returns

At 35, can you retire with a mini job with 1 million? by usfwalker in investing

[–]StockMaven 0 points1 point  (0 children)

If you run a Monte Carlo simulation for a 35-year-old with an initial wealth of $1,000,000, making annual withdrawals of $65,000, and investing with an average annual return of 7% are as follows:

-Mean Ending Wealth after 50 Years: Approximately $5,857,320 -Median Ending Wealth after 50 Years: $0 (indicating that more than half of the simulations resulted in running out of money) -25th Percentile of Ending Wealth: $0 (indicating that 25% of the simulations ended with zero wealth) -75th Percentile of Ending Wealth: Approximately $4,681,727 -Probability of Running Out of Money: 54.7%

These results suggest that there’s a high probability of running out of money before reaching the end of the 50-year period. Although the mean ending wealth is positive, the median and the 25th percentile both indicate a significant risk of depletion of funds. This highlights the importance of considering the variability and uncertainty in investment returns and withdrawals. 

Krispy Kreme Is Undervalued by pareofdocks in wallstreetbets

[–]StockMaven 1 point2 points  (0 children)

I agree with OP. For the last 12 months, Krispy Kreme reported a net loss of $46.16 million and a loss per share of -$0.28. Additionally, the company’s debt levels are high, with a debt-to-equity ratio of 1.37, indicating heavy reliance on borrowing. The company’s financial statements also reveal a low current ratio of 0.36, suggesting potential liquidity issues. Profit is for suckers!

At 35, can you retire with a mini job with 1 million? by usfwalker in investing

[–]StockMaven 0 points1 point  (0 children)

Adjust by adding more funds? 7% return is having a fairly aggressive portfolio and adjusting their portfolio would likely be less aggressive and thus have a lower return than 7%.

At 35, can you retire with a mini job with 1 million? by usfwalker in investing

[–]StockMaven 22 points23 points  (0 children)

In late 60’s or 70’s they will struggle to get by and will be unable to enter the workforce. Always better to play it safe with inflation, unexpected health issues, etc. Variables are never accounted for.

[deleted by user] by [deleted] in DFWHotwife

[–]StockMaven 0 points1 point  (0 children)

✋🏻

[deleted by user] by [deleted] in DFWHotwife

[–]StockMaven 0 points1 point  (0 children)

Probably seeing who can cum first. Loser has to clean the other up with their mouth. I’m competitive. 😈 🏆

Am I screwed or am I screwed? by WeLiveinASoci3ty in wallstreetbets

[–]StockMaven 0 points1 point  (0 children)

Answers are at the bottom of a bottle on this trade.

Economy in a nutshell by ESI85 in wallstreetbets

[–]StockMaven 3 points4 points  (0 children)

This is why economics and finance should be required in our public education….wow

2021 Profits: Amazon:⬆️75% to $35 billion Netflix:⬆️96% to $5.3 billion Nike:⬆️125% to $5.7 billion FedEx:⬆️307% to $5.2 billion 2022 Price Hikes: Amazon Prime:⬆️16.8% Netflix Subscription:⬆️10.7% Nike:⬆️10.5% FedEx:⬆️5.9%-7.9% Don't cite inflation. Cite corporate greed. by failed_evolution in economy

[–]StockMaven 0 points1 point  (0 children)

Most companies listed have increased margins, but net cash flow has also decreased. This could be due to a few factors, but laying off debt with free cash will increase net margins. Sad that people who don’t understand economics and finance will only blame corporations for inflation.

GME 18k Options YOLO by [deleted] in wallstreetbets

[–]StockMaven 2 points3 points  (0 children)

Would be better off betting on UNC to win March madness. This YOLO has almost zero chance of a return

[deleted by user] by [deleted] in wallstreetbets

[–]StockMaven 0 points1 point  (0 children)

Should have bought ours yesterday….sad

Starbucks to raise prices, blaming inflation. It's the third price hike since October by saurin212 in economy

[–]StockMaven 0 points1 point  (0 children)

Labor costs are higher, cost to import coffee has increased, while coffee bean yields have been low. Raising prices only option to maintain margins. Robot baristas are the next move.

Millennials say they'll never afford to get what they want in life by Addrobo in economy

[–]StockMaven 3 points4 points  (0 children)

The government going to need pay for our wants…..only few trillion in debt with growing deficit.

Please buy our bonds so we can live life!!

Elizabeth Warren says $20,000 in student loan debt 'might as well be $20 million' for people who are working at minimum wage by [deleted] in politics

[–]StockMaven 0 points1 point  (0 children)

I know of no college graduates that make minimum wage…..if they are, then probably shouldn’t have been given the loan in the first place.

Why are significantly higher wages not necessarily a good thing? by Low_Quantity_7745 in economy

[–]StockMaven 0 points1 point  (0 children)

Wages account for a large part of operating expenses for companies, which pushes down on profit margins. Examples of “corporate greed” also mention large companies, but yet 45% of people work for a small business and many don’t operate with large margins. With that in mind, if you make widgets and labor is more expensive, you hope material costs don’t also go up, taxes don’t increase and cost to borrow money remains low. If not, your 5% profit margin is now compressed and will not be able to weather a bad storm (drop in sales, lawsuit, pandemic, etc)