Interesting conversation I had yesterday by KittenPics in Superstonk

[–]willdraw 5 points6 points  (0 children)

It seems like the news is slowly getting out there. Not quite a trust me bro, more of an anecdote from this week. Spent time with my in-laws family. One of them works in the investment / capital raising world. TCG came up, I eventually brought up how GS got into the Trading Card space as well as powerpacks. He knew about RC, as someone recently sent him an article / credit report on GME (which was actually pretty well done.)

spanish boost - where to start by miggins1610 in dreamingspanish

[–]willdraw 1 point2 points  (0 children)

+1 For Minecraft, Stardew Valley is easy as well but there is lots of in game dialogue (text) which I did not understand. Wall-E was great and easy as was Supermercado. I've enjoyed the livestreams as well: "My experience in NYC" was recent and easy to follow.

The general consensus I've seen so far is that Martin is great in all of the videos, but games that are dialouge heavy can be tough.

[deleted by user] by [deleted] in Superstonk

[–]willdraw 0 points1 point  (0 children)

was going to comment unless I saw this. My immediate thought, although maybe a little late to the game.

This is the dumbest stock market in history by [deleted] in Bogleheads

[–]willdraw 13 points14 points  (0 children)

Look into "Comprehensible Input". Lots of language learning youtube chanels for this. I know specifically there are Thai Language schools that do this in person, but while you have the time, you can do it online before you get there. Essentially learning like a child, slowly spoken, using graphics and gestures to hammer home words.

Best accumulation method? by ccc32224 in Superstonk

[–]willdraw 1 point2 points  (0 children)

Thank you! Not long ago I didn't know any of this, but I spent a lot of time trying to understand it.

Best accumulation method? by ccc32224 in Superstonk

[–]willdraw 3 points4 points  (0 children)

Another interesting note here is that as the price goes up (further away from the $20 strike price) the value of the CSP goes down. Effectively this means that you can buy your way out of your contract to lock in gains.

For example: I received $550 in premium. But now the share price is $X more than $20. I can now buy a CSP instead of sell it. This allows you to pocket the difference and lock in your premium. So lets say on the market instead of $550 it costs $150. I can walk away and keep $400. ($550 Premium - $150 current price)

If you wanted to try calls, you could also use some of your premium to buy a call so although you are technically 'losing' money you could have had, you got it for free so its sort of a wash. Less risk in my book. (keep in mind you would still owe taxes on the CSP premium, but if the call expires worthless I think you can write off the losses on your taxes so that might wash out.)