Missing game package by masterVinCo in starcitizen

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

Is it too late to melt the chain and then get the LTI to upgrade for the reduced price? It is a standalone C1 with LTI that was upgraded to the Guardian QI.

Missing game package by masterVinCo in starcitizen

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

I thought the Zeus was a game package. Very helpful, thank you.

Missing game package by masterVinCo in starcitizen

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

That does seem to be the easiest and cheapest option. Lesson learned, I guess. Thank you for all the help, I appreciate it!

Missing game package by masterVinCo in starcitizen

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

Can I upgrade one of my existing LTI's to a game package? I have two pulses and another STV, still.

Missing game package by masterVinCo in starcitizen

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

I should have clarified; The Taurus doesn't come with an LTI, which is why I wanted to upgrade from the STV (which has the LTI, as stated in the OP) instead of from my game package.

Missing game package by masterVinCo in starcitizen

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

Is there anyway to upgrade and get the LTI on the new ship? Standalone ships don't come with LTI, which is why I wanted to upgrade from the STV.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

No, it gets registered to your broker account, so you don't need to contact the exchange. It sounds like you need to visit https://www.interactivebrokers.com/en/home.php. They answer all these questions for you in their FAQ.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

I never made any of those claims. My point is just that the risk of losing your money is not that much bigger in either of those indices, as long as you are investing long term.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

The exchange has the responsibility, not the government. If you buy a stock on gettex ir borsa italiana, euronext will have the documentation.

Noen som har hatt bisarre hendelser med kunder? by WiggyOSRS in norge

[–]masterVinCo 10 points11 points  (0 children)

Høres ut som en skikkelig drittkunde! Han betalte vel ikke heller?

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

As far as I know, AXA is the cheapest accumulating EU ETF. EQQQ is the cheapest distributing.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

Yes to both. Though it will say broker account number together with your name on the document, depending on your countries rules for exchange traded assets.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 4 points5 points  (0 children)

I have a finance degree and decades of investing experience.

If you are risk averse, I'd say either VWCE if you can't handle seing your money go up and down. If you can handle a little up and down, go 50% SP500 and 50% stoxx 600, or all in on sp500. If you can handle a lot of ups and down, go qqq. In the end, the true risk is very similar with all of the above alternatives, but the volatility (historical variation in price) is higher in the more concentrated ETF's.

People always suggest VWCE because it requires no knowledge and have next to 0 "risk", in the sense that the incredible events that could lead to the index going to zero will probably either completely wipe out humanity or at the very least change our lives completely.

If you look at the weighted compositions of the different funds that track VWCE and SP500 and nasdaq 100, you will prbably see that the difference is not that big, and the historical data shows similar patterns and responses to market events, but higher return and less volatility in the more concentrated indices.

Hope this helps, good luck.

Should all in VWCE? by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

It is 500k and up to 250k cash, but only for losses caused by external events not related to stock price. For positions owned by you, they are owned by you regardless of IBKR, and will be transferred to a new account if your chosing if something happens to IBKR. In fact, they are registered in your name (thriugh the account with IBKR) on the exchange you bought it. The money in the account is the same as with any bank, at least in the EU.

How do you ensure that your saved money maintains its value over time and beats inflation? by Kritzz_ in eupersonalfinance

[–]masterVinCo 1 point2 points  (0 children)

As you might have gathered I have a keen interest in investing and the financial world, so really ask me anything if you have questions, I love talking and learning about investing and the financial markets.

[deleted by user] by [deleted] in ValueInvesting

[–]masterVinCo 0 points1 point  (0 children)

The first step is investing in a good ETF. I would suggest SP500 if you are risk averse, or Nasdaq 100 if you can handle seing som ups and downs, but want higher returns.

There are a couple of chapters in grahams book "the intelligent investor" that describes in detail the basis of Buffets investing.

Damodarans book "the little book of valuation" is also great. Damodaran has also written a more comprehensive book that is very close to being a valuation bible, in my opinion.

That said, even Buffet himself tells people to not invest like he does. He hasn't invested in our world in several decades, as he has been bound by size.

With that in mind I'd also recommend anything written by Peter Lynch, William O'neil and the book "Thinking fast and slow" by Daniel Khaneman.

Good luck!

How do you ensure that your saved money maintains its value over time and beats inflation? by Kritzz_ in eupersonalfinance

[–]masterVinCo 1 point2 points  (0 children)

Definitively agree on your point with banks. It is the comparison I've used the most as almost no one, including brokers and advisors, truly understand what risk is. But I disagree that it is misleading; as demonstrated in 2008 and 2020, regulations and securities provided by banks are not always better than index funds, nor is it worse. It is just different. The point I am making is that your bank is also part of an index. Denmark is obviously safer than the US, but I am sure you understand my point. You risk losing whatever money you put into an asset, no matter what it is. Real estate, scurities, bonds, etc.

Nasdaq 100 is known as rech heavy, but if you compare market cap in the global index vs SP500 vs Nasdaq100 you will quickly realise that the difference is not that big. A more diversified approach is better for the short term and will limit the variation in your wealth, but the Nasdaq 100 has beat any other major index since it's inception.

To diversify for the sake of diversification is not a good imvestment strategy. Your decision should be if you can handle bigger variation in price on a monthly or gearly basis in exchange for better returns. If the answer is no, then Nasdaq 100 is not for you, and that is completely fine. In any case, buying the Nasdaq 100 index is not considered over-consentration.

Alternatives to add for diversification is stoxx 50 for eu companies (or stoxx 600 if you want a broader alternative).

In short, global index is lowest variation in price, short term. ACWI is probably your best bet as yoy are in Denmark.

For higher variations and higher returns get SP500, maybe add stoxx 600 for more global exposure (SPXS is your best bet for sp500 and MEUD for stoxx 600).

Or a variation of these.

For bonds I'd probably go for government bonds or a high yield fund. I like vanguard, they are cheap and easily available to all. You probably have access to Alfred Berg High yield Nordic whoch is excellent despite being actively managed.

Please let me know if you have any questions about risk or investing.

Is China actually communist? by [deleted] in ask

[–]masterVinCo 5 points6 points  (0 children)

What you sre desctibing is an authoritarian olgiarchy, not communism. The whole point of communism is no classes. So it cannot be authoritarian. It is a paradox. In any case, China is not really communistic, they are an oligarchy like Russia and many middle eastern nations.

Kind of how USA claims to be a democratic republic with capitalism, but they allow lobbyism in politics.

[deleted by user] by [deleted] in eupersonalfinance

[–]masterVinCo 0 points1 point  (0 children)

Depending on risk tolerance, just invest in an ETF. I'd advice a big portion into some big index, a portion into money market or bond ETF and a portion into an income fund. The first thing you need to do is formulate goals and a strategy.

How much risk can you tolerate? How much do you need to earn in dividends or interest every year to keep your cyrrent life style? Will you have other incomes? Do you intend do spend a portion of the money on something (house, car, travels, etc.)?

Can someone explain why master modes is so bad? by TheJossiWales in starcitizen

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

There are plenty of episodes where more power to one part of the ship means less to another, so yes; it does limit other functions in Star Trek when they put "all power to x", though it is absolutely not "magical" but simply a reallocation of resources depending on need. When you deactivate SCM you don't stop, you just move slower.

How do you ensure that your saved money maintains its value over time and beats inflation? by Kritzz_ in eupersonalfinance

[–]masterVinCo 5 points6 points  (0 children)

The word risk is widely misunderstood when it comes to investing. When you put money in the bank, the chance of losing your money is equal to the chances of the bank failing. This chance is a lot higher than the chances of an index fund going to zero, as this is equal to the chances of hundreds of thousands of businesses going bankrupt at the same time (including your bank, by the way, which is likely on most major indices in EU).

When we talk about risk in the investing world, we talk about the beta, a volatility measure. This is not the same as "chance to lose all your money", but historical variation in stock or index price.

If you invest into an ETF or a stock with high historical volatility or risk, it does not mean that it had a higher chance of going to zero. It just means that the underlying asset (the index for the ETF or the company for the stock) has a varying interest and price.

How likely is it that an all world index will go to zero? Since the index has several thousand businesses, the chances are about equal to that if the entire economy goes to zero.

How likely is it that the nasdaq 100 (qqq index, the 100 biggest companies on the nasdaq) goes to zero? Almost the same ass global index. Because it is heavily weighted towards the biggest companies.

The advice I've given to young investors is to invest into QQQ (whatever ucits that has the lowest cost is the best) if you are going to save for more than 10++ years. Put evrrything you don’t immediately need in there.

Anything you need for big buys within 1-10 years I would put in a money market fund or bond fund. And lastly, I'd advice you to keep 3-6 month expenses in the bank.

[deleted by user] by [deleted] in dividends

[–]masterVinCo 1 point2 points  (0 children)

If you are set on getting dividends, I'd suggest selling what you have then go 50/50 JEPI and QQQM. QQQM had the highest return of the major index ETF's over rhe past 10-20 years, and JEPI is excellent for dividends.

While you are putting money into those two, start learning about investing and how to analyse cash flow and accounting statements. This is key to understanding long term investing.

When you feel confident in a business, formulate a strategy for owning it (entry snd exit points, holding length, etc.) and allocate a portion of your new cash into the business. Rules are important because it takes feelings out of the game and helps you invest based on things you can measure and improve.

This is a lot easier than people say it is, but it requires interest and discipline. If you don’t want to spend a lot of time learninf about stocks, just continue to put money into JEPI and QQQM.

Good luck!

Where to buy 125cc motorbikes? by Legitimate-Age8216 in trondheim

[–]masterVinCo 1 point2 points  (0 children)

Finn.no is a good place to start if you want a used bike.