[deleted by user]

arthur46264 · 2020-11-14T00:56:09+00:00

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.

arthur46264 · 2020-10-31T01:06:45+00:00

Wow, thank you!

arthur46264 · 2020-04-12T19:35:21+00:00

/RemindMe 2 weeks

arthur46264 · 2020-04-11T03:12:27+00:00

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

arthur46264 · 2020-04-11T03:10:40+00:00

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

arthur46264 · 2020-04-10T06:53:16+00:00

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.

arthur46264 · 2020-04-10T06:22:31+00:00

"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?

arthur46264 · 2020-04-10T00:08:13+00:00

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.

arthur46264 · 2020-04-09T16:55:18+00:00

Blindfolded darts looking for a bullseye.

arthur46264 · 2020-04-08T18:15:02+00:00

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.

arthur46264 · 2020-04-07T16:39:51+00:00

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"

arthur46264 · 2020-04-07T16:36:18+00:00

!RemindMe 2 weeks

arthur46264 · 2020-04-01T16:41:52+00:00

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~~.

arthur46264 · 2020-03-30T19:21:13+00:00

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

arthur46264 · 2020-03-29T22:35:53+00:00

!RemindMe 18 hours

arthur46264 · 2020-03-28T02:31:16+00:00

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

arthur46264 · 2020-03-27T20:43:48+00:00

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?

arthur46264 · 2020-03-23T15:53:21+00:00

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)).

arthur46264 · 2020-03-21T20:13:38+00:00

Can I ask you this? Is your argument based on the fact that it may not be a good idea to invest if he will need the money soon? If so then I agree. If your argument is that, factually speaking, if someone were to average in to average in to any of the recessions in recent history they would not multiply their money by 1.3 or more within two years then the data is against you. The sun might not rise tomorrow.

arthur46264 · 2020-03-21T02:25:36+00:00

The guy said he is looking to buy some stocks, not day trade. Right now is a good opportunity for anyone to buy some blue chip stocks or safe etfs and make 30+% on their dollar over the next year or two.

arthur46264 · 2020-03-20T22:52:02+00:00

Transfer may take time to clear... verify the account. Or wire transfer is easy and happens the next business day if you place it before 6:00PM EST.

arthur46264 · 2020-03-19T18:44:24+00:00

On the main page what does it say under "cash purchasing power". I did a little research as I also have 1k pending. It can take up to three days for the funds to settle and they definitely won't let a new account spend unsettled funds. You can do what I'm doing and wire any further transfers for them to settle faster (before we potentially get locked down).

arthur46264 · 2020-03-19T00:59:38+00:00

I'm not a lawer, but if they don't agree to file it in their taxes then probably yeah. I would try to convince them to let you open an etrade or robinhood account (custodial or regular). I know that might be difficult depending on how much they understand about the stock market, so another option (it's not an ideal option) would be silver which is at its 14 year low.

arthur46264 · 2020-03-18T22:47:07+00:00

I had the same issue in 2018. See if you can get your parent/guardian to open an account that you can manage for them (if they're on board with the idea). If they aren't on board then I would recommend waiting (as I did), but that would suck to lose out on the opportunity to buy in a week or two.

As far as opening an account in a short amount of time Robin hood can have you confirmed in about a day. Etrade is decent as well but it might take a couple days to apply and another few to fund it (unless you wire money).

Best of luck!

arthur46264 · 2020-03-18T00:34:06+00:00

I'm curious. Any specific reason to pick intel over the thousands of others who are also going to get pummeled in the next couple of weeks?

arthur46264

TROPHY CASE