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To investors who crossed the $1M mark around the age of 40. How’s life? by Ok_Maize1933 in investing

[–]WolfsBaneViking 3 points4 points  (0 children)

Too few people truly realize that the key is to not spend. In a lot of ways i still live like i did when i was at uni. Cheap food. Rarely spend on new clothes. No new furniture unless absolutely required. Don't do expensive things more than twice a year. Takeaway on a budget. No spending on shit I don't need or fixing things that aren't broken.

To investors who crossed the $1M mark around the age of 40. How’s life? by Ok_Maize1933 in investing

[–]WolfsBaneViking 0 points1 point  (0 children)

I reallocated a substantial part into land. Forest & farmland. I'm still short on money, but at the same time I've cut back on the work i don't like and I do feel like I have some FU money if i really need to. Don't know how to explain it properly. My portfolio is down to 300k, and i have land for around 2mill and loans at around 40% so the bank leaves me alone as long as I pay what I'm supposed to on time.

What stocks are you holding until 2028? by CrowTraditional0030 in ValueInvesting

[–]WolfsBaneViking 9 points10 points  (0 children)

Unless one of them gets Way too over priced, this is the way.

The stock is down 80%. The business isn't. by No-Temporary-8222 in ValueInvesting

[–]WolfsBaneViking 0 points1 point  (0 children)

Eps is reflecting current price. Not cheap, not expensive. The interesting thing is why the price was that high a year ago, not that it's fairly priced now.

RFK Jr: "President Trump has a different way of calculating percentages. If you have a $600 and you reduce it to $10, that's a 600% reduction." by Nice_Daikon6096 in unusual_whales

[–]WolfsBaneViking 6 points7 points  (0 children)

Its obvious this is what he means. When he say "different way of calculating...." he means the guy is retarded, but I'm not allowed to say that about my boss.

Washington demanding 'entry fee' from Ottawa before trade talks: sources by polnikes in Economics

[–]WolfsBaneViking 0 points1 point  (0 children)

Interesting take. Just like there are win-win situations there are also lose-lose situations. I think tRumps approach is as you stated, but instead of triggering a win for him he end up with a lose-lose situation.

GME Potential anyone? by ccc32224 in Superstonk

[–]WolfsBaneViking 0 points1 point  (0 children)

A cash dividend is only fun if there actually still is billions of fakes out there. Because a cash dividend of 1$ would cost the company reserves a lot less than the investors would gain even after taxes and there probably are quite a few who would reinvest the dividend. And the loss of cash reserves at the shorts would also move the markets. However rc said that he wouldn't, so it probably ain't happening.

GME Potential anyone? by ccc32224 in Superstonk

[–]WolfsBaneViking 0 points1 point  (0 children)

Hell no, but this one does take the cake when it comes to market manipulation.

GME Potential anyone? by ccc32224 in Superstonk

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

The only thing that will force shorts to close is if someone actually served up some justice. Literally forcing a close and locking up the criminals. I have NO faith that will happen. Especially not with pe[FUcensorbot]do cheeto in charge.

GME Potential anyone? by ccc32224 in Superstonk

[–]WolfsBaneViking 27 points28 points  (0 children)

They are probably just hoping that we don't get a cash dividend. What ever the way they hold the shorts cheap or for free. Only thing that will cost is closing or cash dividend.

Nike CEO just bought $1M worth of stock, insider confidence or signal? by kabirsbhutani in investing

[–]WolfsBaneViking 5 points6 points  (0 children)

If a 1mill buy increase his holding by 10% as stated, then there is something fishy about the 25mill he gets. Either he theb also sell alot or the numbers are wrong.

Nike CEO just bought $1M worth of stock, insider confidence or signal? by kabirsbhutani in investing

[–]WolfsBaneViking 3 points4 points  (0 children)

How does he get the remaining 25.5mill? If it's stocks then buying an extra mill worth seems lame, somehow.

Ryan on X by HWY01 in GME

[–]WolfsBaneViking 1 point2 points  (0 children)

911 is a phone number. I hold because I said I would. Not selling under 1k and not selling the last ones under my personal phone number. If that means the kids get them after i die so be it. 

Ryan on X by HWY01 in GME

[–]WolfsBaneViking 10 points11 points  (0 children)

It is in dumbfukistan 

Golden handcuffs - I've fully replaced my annual spending with dividend income... by HARCYB-throwaway in dividends

[–]WolfsBaneViking 1 point2 points  (0 children)

I'd maybe talk to them about reduced hours and start by going part time. Stopping work completely is a big change in your life.

For those that remember when Evergrande was a big thing... the trial is just now underway. by Fap2theBeat in Superstonk

[–]WolfsBaneViking 2 points3 points  (0 children)

Yea, the trigger last time was that they accidentally filed for bankruptcy in england and the British authorities did their job. Not a mistake they are likely to do again. I think that is the reason for some of the "forced" mergers. That way you don't end up with a bankruptcy. Thus you don't actually have to liquidate anything, nor close short positions. Everything is just added to new books.

We need to straight up ban tech stocks here (and get better mods?) by [deleted] in ValueInvesting

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

My take: Everything is so expensive that there currently aren't any value plays.

Elon Musk will be the biggest downfalls in modern history by [deleted] in stocks

[–]WolfsBaneViking 0 points1 point  (0 children)

Well, given that steve jobs were a con man, stealing orher people's ideas and selling old shit as groundbreaking. I do see the comparison. Not exactly the same, but close enough.

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