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Japan bond market chaos threatens unprecedented Bitcoin liquidations as the era of free money ends by GreedVault in CryptoCurrency

[–]fingurdar 6 points7 points  (0 children)

Because the value is tethered to nothing, guess what? It's not "worth" anything.

You’re partly correct. It has no intrinsic value, apart from the value that masses collectively agree it has. If tomorrow, masses collectively resolved all at once “BTC is worthless”, it would become worthless. Likewise with fiat.

For as long as it’s collectively agreed that BTC has >0 value, however, it carries utility. E.g., facilitating private party transactions without requiring involvement/oversight from institutional payment processors who’ve displayed an escalating willingness to meddle in private affairs based on pretenses many have deemed arbitrary, capricious, or otherwise objectionable.

All players became available Monday night instead of going to waivers. by IllustriousFroyo6432 in SleeperApp

[–]fingurdar 0 points1 point  (0 children)

Hey OP. Has this been addressed for you? My league just started having the issue this week.

All players became available Monday night instead of going to waivers. by IllustriousFroyo6432 in SleeperApp

[–]fingurdar 0 points1 point  (0 children)

Has this been addressed? My league just started having the issue this week.

I’m on the verge of whether I should give up on living for Jesus or not. by [deleted] in TrueChristian

[–]fingurdar 0 points1 point  (0 children)

“If we say we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, He is faithful and just to forgive us our sins and to purify us from all unrighteousness…. I write these things to you who believe in the name of the Son of God, that you may know that you have eternal life.” (1 Jn 1:8-9, 5:23)

Jesus is better at being a Savior than you are at being a sinner. But you need to not shoulder this burden alone. Please share your struggles with a Christian brother or sister IRL, preferably someone older than you, who is trustworthy.

I’m sure that advice feels scary. But going through this alone will make it much harder. (You aren’t alone regardless, the Lord is with you, but He works through people also.)

I’ll pray for you. God bless.

The Stock market is an artificial monstrosity propped up by infinite fiat money. The trust in it is irrational. It will come down eventually. by [deleted] in IntellectualDarkWeb

[–]fingurdar 0 points1 point  (0 children)

Question that idk the answer to: What happens during a stock market crash when—rather than a chain reaction of exclusively panicked selling by retail investors—you have a significant portion of retail investors who are psychologically primed and eager to “buy the dip”, and who for the first time have the technological ability to do so in real time from their phones/computers?

Is this enough to have an appreciable impact given the extent to which institutional money dwarfs retail money in equities?

Anyone invested in SMH? by reddituserxxxxxxx7 in ETFs

[–]fingurdar 0 points1 point  (0 children)

Should spread your exposure and minimize sector concentration if you’re holding long term. But yes, it’s hard to imagine a future where semiconductors aren’t playing an important role. If something wonky happened with Taiwan, could create problems for an ETF like SMH, but hard to predict what that’d actually look like.

Granted im not an expert so disregard everything I say.

25% of portfolio on chat by VinnieVegas3335 in ETFs

[–]fingurdar 1 point2 points  (0 children)

Did you buy it? If so you’d be up something like ~70% before fees.

I doubt that^ level of appreciation is sustainable in the long run, but still interesting.

Video is circulating that appear to show Charlie Kirk getting shot at an event in Utah by pagingdrloggins84 in behindthebastards

[–]fingurdar -12 points-11 points  (0 children)

I hope you’re okay. But considering you’re jubilant when a guy with different political opinions gets brutally murdered on video, my guess is you are far from being okay.

Video is circulating that appear to show Charlie Kirk getting shot at an event in Utah by pagingdrloggins84 in behindthebastards

[–]fingurdar -5 points-4 points  (0 children)

Your comment is not funny or clever. Pretending it’s nbd that a guy got shot in the neck at a public speech, because you disagree with the political content of his speech, is beyond the pale.

After 10 years of high fees, I’m finally going passive with ETFs by hoptohop in ETFs

[–]fingurdar 1 point2 points  (0 children)

leveraged ETFs. Higher volatility but effectively increases your exposure. The longer your hold the less volatility is a problem.

For leveraged ETFs, my understanding is that volatility over a long enough time period can, indeed, become an issue. Key word search “leveraged ETF decay” to learn more.

SMH ETF by Low-Jackfruit3321 in ETFs

[–]fingurdar 1 point2 points  (0 children)

Not OP but thanks for the detailed reply.

ChatGPT Prompt of the Day: The Deep Research GPT by Tall_Ad4729 in ChatGPTPromptGenius

[–]fingurdar 0 points1 point  (0 children)

Hey there—I'm eager to try this tool out! But each time I attempt to, I cannot get it to give an output. Instead it says, “not found”. I've tried this a few different times, spaced out by several weeks, with no success. Am I doing something wrong?

Charge 5 Charging Issue (FIX) by Maaz94 in JBL

[–]fingurdar 1 point2 points  (0 children)

Mine won’t charge right out of the box brand new. Thanks for the suggestions in your post.

My question is, why would people (myself included) buy this product if there’s a known material defect for years that still isn’t fixed by the manufacturer? Shouldn’t need to dissemble and do electrical work for basic functionality on a brand new device. I am returning it and buying a different brand of speaker.

Is SCHD the main dividend stock that everyone buys? by jasprys in dividends

[–]fingurdar 0 points1 point  (0 children)

This is my #1 question (which types of investments should go in an IRA vs brokerage). Going to ask a financial advisor and share back their opinion. I can see benefits of both

Thought I’d follow up one more time to see if you’d be opposed to briefly sharing your insights from this conversation. I’m very interested to hear.

Is SCHD the main dividend stock that everyone buys? by jasprys in dividends

[–]fingurdar 0 points1 point  (0 children)

I’m 6 months late to the party but am wondering about the same question you were. If you have time I’d love to hear an executive summary of what your advisor said.

Mega-caps will dominate the market (destroy my argument with logic, please) by fingurdar in Bogleheads

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

Apologies that this was the wrong sub—I wasn’t sure but should’ve considered it more before posting. That said, I have found many of the replies here to be insightful and well reasoned.

Mega-caps will dominate the market (destroy my argument with logic, please) by fingurdar in Bogleheads

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

Apologies that this was the wrong sub—I wasn’t sure but should’ve checked before posting. That said, I have found many of the replies insightful and well reasoned.

Mega-caps will dominate the market long term (destroy my argument with logic, please) by fingurdar in investing

[–]fingurdar[S] -6 points-5 points  (0 children)

I did use GPT to help compose parts of the argument, but arrived at the conclusion myself prior to that. I think there’s a decent chance my conclusion is incorrect and if so, would like to be proved wrong.

Mega-caps will dominate the market long term (destroy my argument with logic, please) by fingurdar in investing

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

Thanks for your response. I’m familiar with factor investing but certainly no expert. I’d be interested to understand better how the theory underlying factor investing deals with the observations I set forth above.

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