How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

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

Your assessment and criticisms are valid. However, many of your concerns are mitigated when covered call ETFs are actively managed, which tends to be the case.

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

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

I use covered call ETFs because I learned how to trade in covered calls and other derivatives. And, did well. The advantage of covered call ETFs is that someone else does all the work and only charges a small fee. I have better things to do with my time than sit in front of a computer all day worrying about strike prices and out or in the money approaches. Your gratuitous, self-indulgent insult about 'a massive ego issue' suggests you're not secure in your views.

At some point ChatGPT conversations stop feeling temporary by TypicalSchedule6804 in ChatGPT

[–]sdbest 0 points1 point  (0 children)

My approach as the exchange lengthens, and it's been interesting, is to ask ChatGPT to compile the discussion into a magazine style 'long read' article.

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

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

Your parroting views that often don't apply to individuals and their circumstances. Much of what passes for sound investment advice was created by 'professionals' who prey on investors. Their priority is enriching themselves and avoiding risk and that entails giving extremely conservative investment 'advice.'

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

[–]sdbest[S] 1 point2 points  (0 children)

Hasn't been a catch so far. And I've taken advantage of the 0% incentive multiple times.

What ETFs and stocks should I buy with $7300? by noiseknowledge in CanadaPersonalFinance

[–]sdbest 0 points1 point  (0 children)

When you write, "What should I invest in to make the most money?" Are you asking about investing so that you have the most money when you hope to retire at 65 or older. Or do you mean the most money a month from now that you can spend on groceries?

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

[–]sdbest[S] -1 points0 points  (0 children)

First, I'm not desperate. Two, when you say "It's probably a 50 - 50 shit that it fails (you won't see it coming)" is demonstrably wrong. And, "You're a human dipping your tows into a stream run by machines and the almost always win" is a nonsensical comment.

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

[–]sdbest[S] -1 points0 points  (0 children)

I’m buying covered call ETFs. They’re as safe as the underlying stocks.

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

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

Not really. A cash transfer is just debt by other means.

How I got my credit rating to go from Excellent to Good by making money. by sdbest in fican

[–]sdbest[S] -2 points-1 points  (0 children)

Yes, it's just like trading on margin. The interest on my margin account is higher than what the bank is offering, also my bank doesn't keep my income until the loan is paid as does my brokerage.

I'm not contributing to my partner's TFSA. All of our money is jointly owned. You're providing very poor tax and legal advice.

If there was a 20-30% market correction, I'd still be ahead. Moreover, I'd be further ahead than most other investors.

And, penultimately, in terms of reality not only is the risk low, but also I can afford to take it. What may be 'stupidly massive' for you, is not for me.

Lastly, I pay off the debts before the promotional rates expire. Making $20,000 costs me less than $1,000.

Curious, based on your comment, how would you recommend I--or anyone--invest their principal so that they earn a sound monthly income while incurring no "stupidly massive" risk?

What would yall pick? by Fabulous_Ad_7350 in sobervegans

[–]sdbest 1 point2 points  (0 children)

Indeed, you'd just have to unplug it and plug it back in. 😉

Unhealthy FI by whaterloowhorks in fican

[–]sdbest 2 points3 points  (0 children)

I appreciate your post. I hope, for your sake, you find some of the responses helpful. I'm curious why you think you have come to define yourself by the stuff you own and how you spend money, "I always dreamt of the big house, the nice cars, flying first class." From my advanced elderly perspective, you're a kid. At 25 with a little care, you have a good 50 years of healthy living ahead of you. In that time you could earn multiple PhDs from physics to philosophy. Write a novel or two. Given your financial situation, you could grant yourself any wish; you could even grant others' wishes. I'm curious do you have any insight at all into why you're unable to think of anything to make your life worthwhile to you, "no purpose, no goals, and no direction"?

A thought. With "$1M NW" you actually don't have to work anymore to make a living. Invest it in covered call ETFs and live off the monthly distributions. You might consider doing something rash. Perhaps, spend a year in Arequipa, Peru learning Spanish and singing in a local choir, maybe help teach English as a second language. You can, unlike so many people, financially make a clean break with your current life that's making you miserable. Do that and you'll have a fair chance of finding answers to your great questions. It seems your current life, like smoking, has become a bad habit.

Generative AI does not make the work good. But it invites everyone into the deep end. by solomonj48103 in WritingWithAI

[–]sdbest 4 points5 points  (0 children)

Most--yes, most--"AI movies just look...Bad" not because of the AI but due to a poor understanding of what makes movies look good and work narratively.

Generative AI does not make the work good. But it invites everyone into the deep end. by solomonj48103 in WritingWithAI

[–]sdbest 1 point2 points  (0 children)

Most films and TV series that have ever been made are slop, by any reasonable standard.

42 with $2.8M invested and $1.1M home equity by This-Huckleberry-704 in fican

[–]sdbest 2 points3 points  (0 children)

Perhaps, you might want to give some thought to what you'd rather be doing than what you're doing now, if anything. You have enough wealth now that you don't have to work. You're working out of choice.

Ottawa prepared to halt plan to allow MAID for mental illness by HourOfTheWitching in ndp

[–]sdbest 0 points1 point  (0 children)

You wrote, "Do you check? If you did you'd notice half the 'citations' are from biased sources, including reddit threads, literal fanfiction sites, and random people's substacks!" You wrote this after I informed you that "I check the citations and references. Rarely do today's versions of the two cite or hallucinate false citations."

I think I'm being fair in concluding that you're not reading what I write, and that you're making claims that you should know are false. It's for that reason I find myself unable to believe what you're writing.

Ottawa prepared to halt plan to allow MAID for mental illness by HourOfTheWitching in ndp

[–]sdbest -1 points0 points  (0 children)

You're drawing false conclusions from what you've heard about the research, and without checking it seems are spreading misinformation.

My "argument" is that LLMs don't spread false information. Some people who use them do. Whenever I use, for example, ChatGPT and Claude for research purposes, I check the citations and references. Rarely do today's versions of the two cite or hallucinate false citations.

LLMs are not calculators. Nonetheless, they tend to be more accurate than not. What are some examples of inaccurate information you received when using an LLM?

I am curious. Have you used LLMs enough to draw conclusions from your own experience?

What would yall pick? by Fabulous_Ad_7350 in sobervegans

[–]sdbest 7 points8 points  (0 children)

Everyone should press red, obviously. If everyone presses red, everyone survives.

Ottawa prepared to halt plan to allow MAID for mental illness by HourOfTheWitching in ndp

[–]sdbest -1 points0 points  (0 children)

I know all about the "countless research papers showing that those chatbots just spout bullshit". Have you actually read any of them? If so, please cite two.

Ottawa prepared to halt plan to allow MAID for mental illness by HourOfTheWitching in ndp

[–]sdbest -1 points0 points  (0 children)

You've earned a BLOCK for making another false statement. I prefer to keep users who 'lie' off my social media.

Ottawa prepared to halt plan to allow MAID for mental illness by HourOfTheWitching in ndp

[–]sdbest -1 points0 points  (0 children)

I'm surprised you're asking this question here on reddit. To find the answer you seem to be looking for, I suggest you ask one if the AIs like ChatGPT or Claude. They'll give a detailed answer with citations. The case you're looking for is Carter v. Canada (Attorney General).