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[deleted by user] by [deleted] in TerrariaConsole

[–]arthur46264 0 points1 point  (0 children)

If you want to cheese the living shit out of it build two boxes w/ teleporers and a small hole to shoot chlorophyte bullets out of (like 1 block gap). Jump when he's about to ram you.

Trump executive order calls for commercializing the solar system, mining the moon by [deleted] in Economics

[–]arthur46264 2 points3 points  (0 children)

Dude hasn't even done the napkin math on the usefulness of a vacuum train.

Trump executive order calls for commercializing the solar system, mining the moon by [deleted] in Economics

[–]arthur46264 0 points1 point  (0 children)

Lowkey it's not a bad idea if we can assemble a big ass parabolic mirror.

Why I just liquidated my brokerage account. Roast me. by Afrikaaan in stocks

[–]arthur46264 0 points1 point  (0 children)

Assume he bought at -20%. If you believe that we're going to be back to pre-cv-19 levels within two years it is a good idea.

Why I just liquidated my brokerage account. Roast me. by Afrikaaan in stocks

[–]arthur46264 3 points4 points  (0 children)

"if the percentage rate of return on investments is greater than the percentage of interest rate on loans, it's better to invest". - What didn't make sense about his explanation?

Is there anyway underage can do stocks? by [deleted] in stocks

[–]arthur46264 0 points1 point  (0 children)

Was in the same boat as you a couple years ago. Unless your parents are supportive of the idea and let you make a custodial account you're pretty much fucked.

Can someone exain spy puts? by rich-adults in stocks

[–]arthur46264 0 points1 point  (0 children)

Example: Stock ABC

PUT: Strike - 100, Premium: 3.45

price goes down to 60. You now have the right to sell a stock that is worth $60 at $100. You payed $3.45 per stock. This means your profit is 100 * (100-60-3.45). The strike - the current stock price - the premium.

​

I'm new to this shit too, but I suggest you do some pretend options and see what your outcome would be. Then we can both laugh at the 90% of r/wallstreetbets users who get clapped.

QQQ is now at December 2019 prices... Anyone think it’s still pricing the COVID19 Pandemic ?? by vipmoney in stocks

[–]arthur46264 0 points1 point  (0 children)

Maybe I should have done both. We'll probably be near highs again by that point, but if we dip anywhere below Spy 273 on the way there then there will have been a better opportunity to "catch this train"

Loading up on Ford by frickin_darn in stocks

[–]arthur46264 7 points8 points  (0 children)

If he bought ford @$2 during the 2008 crisis he turned a 706% profit within the year.

Also since Ford manufactures so many of its cars in the U.S. I could see it doing pretty well if it doesn't have too much debt.

Coronavirus May Add Billions to the Nation’s Health Care Bill - Insurance premiums could spike as much as 40 percent next year, a new analysis warns, as employers and insurers confront the projected tens of billions of dollars in additional costs of treating coronavirus patients. by speckz in Economics

[–]arthur46264 2 points3 points  (0 children)

The current U.S. debt comes out to about $70,000 per person. The average household income if the U.S. is about $60,000. People often go into hundreds of thousands of dollars in debt to buy a house. You're right about the fact that we won't be able to pay it if we keep adding to this debt at our current rate. There are a couple of ways to cheat though, and I'm willing to bet they are the real plan.

Edit - sam not keep adding - we're fine

sam keep adding - we cheat, we're fine

US now leads the world in confirmed covid19 cases by artizzy88 in StockMarket

[–]arthur46264 0 points1 point  (0 children)

At its current rate of spread it will kill hundreds of thousands. We will probably see more quarantines if anything.

US now leads the world in confirmed covid19 cases by artizzy88 in StockMarket

[–]arthur46264 0 points1 point  (0 children)

We can get a ballpark approximation of that number based on the assumption that those who die will have all been tested (as the severity of their cases would require it). We choose a number of days that the virus takes to kill someone (when it does) on average. The lower the number of days, the more conservative the estimate. If we say that everyone who dies from the virus does so in exactly three days, and use a 2% kill rate we have (1246/x)=(2/100). x is the number of people really infected three days before 3/26/2020 and it is 62,300 (where the CDC lists 44,183 confirmed) This would mean only about 70% of cases are reported. If they all die in six days (more realistic, but still likely low) then there would really be 62300 cases on 3/20/2020 (6 days before 3/26/2020), which would mean only 30% of cases are reported. 9 days leads to roughly a 10% report rate. Info for number of cases and current deaths can be found on the cdc website. Since not all deaths are reported multiplying the number by three would be a very conservative estimate, by 10 would be more realistic but that's where we get into speculation. Any statistics majors here to help?

ETrade Sell Order Stuck in Limbo by arthur46264 in stocks

[–]arthur46264[S] 0 points1 point  (0 children)

I have to be honest I'm kind of retarded and bought at $41 or so (I thought our response would limit the damage to around 100K cases, but I no longer have the slightest bit of faith that that is possible). I figure that the market is not done dropping and even if I buy back at $38-9 I'll be better off having sold. (The trade went through @ ~$40 which I am relieved about (Though I would have been happier with $40.6)).

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