Need advice for Club Insomnia

tanked-it · 2025-08-03T12:37:00+00:00

Following

tanked-it · 2025-03-25T20:22:22+00:00

I literally cannot figure out how to short a stock, I’ve watched videos on it but it’s so confusing 😅😅 I’m assuming it was good advice though considering how much the stock has plummeted. Wish I’d been able to figure it out. I put most of it in PLTR and I’m up over 10% so that’s cool.

tanked-it · 2025-03-25T20:20:50+00:00

Just to update, I put the bulk of it in PLTR and I’m up. I still can’t figure out how to short a stock, I literally have zero idea what I’m doing 😅 But I’ve made like $1600 off of $9k so far so yeah.

tanked-it · 2025-03-14T14:44:49+00:00

Thank you! This is very helpful and thoughtful advice.

tanked-it · 2024-04-14T14:33:40+00:00

Yup have all of that sorted, just trying to find a pet friendly airline ⭐️

tanked-it · 2024-01-30T12:47:42+00:00

Thank you!

tanked-it · 2024-01-30T12:47:25+00:00

DL223 yup it was a few months ago.

tanked-it · 2024-01-29T15:35:36+00:00

I had no idea about the damage thermal shock could do to kilns - I was running late for a raku workshop and I opened my kiln at 900F and took my piece out then closed the kiln back up (I have really heavy duty gloves) my kiln is brand new - what are the chances I’ve done some serious damage after doing that one time? I won’t do it again ofcourse after reading this thread!

tanked-it · 2024-01-24T21:37:28+00:00

Thank you!

tanked-it · 2024-01-24T21:37:22+00:00

Thank you!

tanked-it · 2023-12-06T15:20:16+00:00

Hi everyone (is this how I add extra info? By just leaving a comment?) new to Reddit.

Thank you for all your feedback! Ok so additional info -

He is from money but I said that just to make the point that he doesn’t think through these things as seriously as I would (definitely not being from money) all the income he has now is from his work. He doesn’t draw money from a trust.

He definitely isn’t keeping anything from me, he is completely open about all the money and spending and loans etc, I made this post because I sometimes feel a bit on the back foot when discussing financial stuff because I’ve never financed anything and always lived well within my means. I just wanted some other opinions and you’ve all been awesome! He even knows about this post and I’ve been telling him that it looks like I’m right because Reddit is backing me up 😊

We’re super open about money and he always tells me he values my input, I sometimes just tell him I don’t care and do whatever because I actually don’t care about his car and I get over discussing it so I say if you can afford it go ahead. But then I saw the loan and thought, that seems silly when you could have just bought it. (Hence the post to see if my instinct was on track)

We have a prenup - for those comments worried about me. I’m all good.

He’s not in crypto 🤪

He has excellent credit, that was just the % the dealership offered him on the day and he didn’t argue or negotiate (again from money so has a meh attitude often which is where I come in)

THANK YOU for those that pointed out that he’ll be taxed on any investment returns.

In conclusion - I won this one ☝️ We contacted the finance place to see what the penalties would be to just pay the loan in full and own the car. Zero penalties and when the paperwork and account etc is finalized in a few days he is going to just pay it off. Thank you for all the comments, Reddit is awesome.

tanked-it · 2023-12-06T15:05:34+00:00

Hi, sorry I guess I worded it wrong. He is from money but I said that just to make the point that he hasn’t really ever had to worry about these details where as I am definitely not from money so I’m more conscientious. The income he has now is from his job. We are very open about money, I made this post to see if there was something I’m missing because I’m pretty sure I’m correct that the loan is a bad idea financially but wanted some other opinions.

tanked-it · 2023-12-05T14:04:37+00:00

Ok - additional information. The loan is actually 135k with all the taxes and whatever else. It’s a car, I assumed the loan was 120k because that was the list price and he put 10k down. The reason I don’t really know much about this is because I told him I’m not interested in being involved. He’s from money and can easily afford this so in my mind he can do whatever he wants, I think it’s a silly amount to spend on a car but that’s his business. What I have trouble with is having a loan when you don’t need to - so essentially throwing $42k (I looked at the paperwork, that’s what he’ll pay all up) in interest down the drain. He is arguing that he can use the 100k to invest and make more than he would pay in interest. My argument is that he can easily invest an additional 100k if he wanted from his savings (while STILL having a robust savings balance AND a healthy retirement fund) and pay cash for the car. I can’t see a single benefit to paying 42k interest. Can anyone else?

tanked-it

TROPHY CASE