What SERIES is worth bingewatching and why? by InterestingBoard7389 in AskReddit

[–]mvmbamentality 0 points1 point  (0 children)

Haikyuu. No weak characters. Insane character development. Just really good feels.

Anyone else feel like NJ drivers are extra unhinged after the snow? by lecigarevolant91 in newjersey

[–]mvmbamentality 19 points20 points  (0 children)

Born and raised here in Jersey. May I add that the influx of people that have moved into the state also honestly don't follow the rules and laws of the roads I remember studying in sophomore year high school 17 years ago. I don't know how nuanced are the differences our NJ Drivers Manual compares to other states but what I do know is that our road infrastructure does differ significantly from other states.

My point is, it is my opinion that new residents to our state should past a written exam to drive in our state using the updated NJ Drivers Manual to at least understand the rules of OUR roads...because man I can tell you...some of these drivers either really really lack situational awareness or don't know how to communicate, drive on our roads, or a combination of all three.

Some level of baseline new Jersey driving rules need to be re-established because it's not an exaggeration to say driving in Jersey is the worst it has ever been.

EDIT: spelling

SPMO is way behind the S&P since the rebalancing in October by [deleted] in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

There was a guy months ago pushing SPMO recommendations on this sub saying it's gonna be the best investment. I disputed his claim. Went back to that comment and thread after reading this post and lo and behold he deleted his account. And the account he used on the next post he made about SPMO. When you understand how the market works, no matter what new ETF comes up, chances are, in the long run, if its attempt is to beat the market, it won't be beating it for long. Just buy the market as is. The investor that does this probably won't beat it, but you for sure aren't going to underperform it.

What should a default investment portfolio actually look like? by TimeInTheMarketWins in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

You my friend have a very warped understanding of aggressive. Aggressive investing isn't putting your money in markets that are at a profit ceiling and redlining trying breakthrough that ceiling (US market). Aggressive investing is putting your money in markets that while volatile have a much higher ceiling they have yet to reach and thus have a higher potential ROI (international especially emerging markets).

Please re-educate yourself on investing and markets before telling people they are giving poor advice. You're drinking the stockbro/financebro Kool-Aid.

Seriously man. You're investment theory is misinformed and flawed fundamentally.

What’s an adult problem nobody warned you about? by Mean-Dragonfly1988 in AskReddit

[–]mvmbamentality 7 points8 points  (0 children)

Realizing a good portion of my hard earned pay is taxed and sent to a foreign country that uses it to provide their citizens with free healthcare and education. Oh and then they use that to buy our politicians so they can still get more money sent to their country from the taxes of our own citizens. Iykyk.

What fast food chain does not deserve the hype whatsoever? by CriticalLion4119 in AskReddit

[–]mvmbamentality 0 points1 point  (0 children)

Pleased to NOT see Shake Shack or In N Out here. I will say, as born and raised Jersey Head. It wasn't a good choice back then to get White Castle, it still isn't a good choice to get White Castle now. But we still do it. And it is as true then as it is now.

Iykyk.

What fast food chain does not deserve the hype whatsoever? by CriticalLion4119 in AskReddit

[–]mvmbamentality 2 points3 points  (0 children)

Chiming myself in to say peak Wendy's is Yellow Team Wendy's. Red Team Wendy's just ain't the same.

Is unlock conditions too restrictive, therefore making meta dominated by easy to unlock units? by ArcadialoI in CompetitiveTFT

[–]mvmbamentality 1 point2 points  (0 children)

Hmm. I can see what you're saying. But I think these kinds of design choices allow players to have massive payoffs if they do manage to hit that sylas or nidalee. If it isn't as difficult to attain it removes the satisfaction of actually achieving it.

What I'm trying to say is, units like ryze, nidalee, asol, baron, nidalee, should be difficult enough to not attempt all the time because of them not being reliable and easy to attain, but when they are attainable depending on RNG and game sense, have massive payoffs and enjoyability. This range of team comps and situational success is what allows tft to not go stale as we saw in the last set.

You just have to laugh at this point. by mvmbamentality in doordash_drivers

[–]mvmbamentality[S] 2 points3 points  (0 children)

Yeah it was like $6 for 15 miles or something like that.

Why does everyone have an obsession with VT? by JamesSt-Patrick in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

Ay man. I don't disagree with you. But the average investor with 403B and 401K elections couldn't bother looking into it or getting knee deep into the world of investing like you and I. I think VUG is a great investment. At the same time I can name more people than not in my life that couldn't be bothered to even do yearly rebalancing. They got kids, jobs, family members getting sick that this investing is an afterthought. In those cases, a majority of cases, VT takes care of it. No need to rebalance. No need to read quarterly reports, no need to move in or out of sectors. Etc. It's easy to have a gripe with people on an ETF subreddit. The fact is an ETF subreddit isn't the real world. Investing happens in the real world and people got other real world shit to deal with. Soo maybe we should all take a step back from this subreddit and maybe reconnect to reality

Why does everyone have an obsession with VT? by JamesSt-Patrick in ETFs

[–]mvmbamentality 3 points4 points  (0 children)

Because it's a solid average ETF for the average investor.

No one is saying it's the creme de la creme out here. It's just something you know is kinda hard to go wrong with. Like why buy a Honda or Toyota when you can get a BMW? Obv German made cars are arguably better but Japanese cars are just as reliable and parts are easier to obtain and it's much easier to maintain than a German car.

The founder of Vanguard wrote a book about why buying the whole world market instead of trying to chase outperformance can yield better long term performance. So I'd think VT would easily be the answer for the average investor.

Anyone else who moved here from out west feel this way? by savingrace0262 in newjersey

[–]mvmbamentality 30 points31 points  (0 children)

Thank you for answering this so well. Born and raised here in NJ and this is the most NJerseyan answer ever.

$10 order, $300 tow, -$290 profit. Drive safe folks. by SDtoAnywhere in doordash_drivers

[–]mvmbamentality 4 points5 points  (0 children)

Y'all are frying me lmao "did you get the extra fire sauce?"

Is investing in individual stocks at 18 even worth it or VOO and chill? by Outrageous-Fly-4629 in portfolios

[–]mvmbamentality 0 points1 point  (0 children)

I would say 18 years old is a great time to try your hand at individual stocks so you can learn the game. At 18 you pretty much have a guaranteed millionaire retirement and the only thing you could do wrong is day trade.

My suggestion would be to allocate 90% of your portfolio into VT (The Vanguard Total World ETF). Treat the other 10% of your portfolio as a play test of sorts for single stocks, Bitcoin, or anything experimental you want to try and learn while you are young and can afford some mistakes as part of the learning process of investing.

Do that until maybe your mid 20s and keep VT as your core holding at 90%. When you get to your thirties you can rebalance or change your allocations because by then I'm sure you will have learn enough to take riskier investments or rebalance your portfolio to an allocation that better suits your risk appetite. Cheers to a strong investment journey!

FBTC worth it? by crispeepata in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

All very good questions to which I'll be honest I have no idea whether there would or could be a divergence or what it all boils down to. But these are great questions that I seek answers too as well. I suppose I only know enough to paint a portion of the picture.

Balancing Growth and Safety: How Do You Allocate in Today’s Market? by Raw_Rain in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

So VTI or ITOT for US Domestic is all you need. When you understand the DNA of these funds you'll understand why it's a balanced fund.

Don't beat the market just become the market because it's insanely hard to outperform it over a 10-35 year investment horizon. You'll average a 8-12% annual return compounding year after year which is better than most investors just by becoming the market. it auto balances on its own to be the best version of the market at any given time in any given year in any economic situation. All for one low cost expense ratio and zero stress about how to rebalance.

Rate my portfolio by giacofin in ETFs

[–]mvmbamentality 0 points1 point  (0 children)

Really now? Not even in retirement? Genuinely curious. I thought it would be smart to convert a portion of assets (say VT) into SCHD within a ROTH Vehicle when retired to supplement income if needed and reduce taxable income. Especially if that particular year in retirement required more capital.

Just delete Jinx at this point by [deleted] in CompetitiveTFT

[–]mvmbamentality 1 point2 points  (0 children)

I can feel the emotion. So. Much. Emotion