Wow I did not know that. Crazy.
Too true man, too true. I’ve thought that regularly for the last three years, about how lots of people are making lots of money and it generally isn’t the little guys.
Ah yeah, SIPC coverage too, I never think about that one, only FDIC.
Fed just announced first new bailout program — Bank Term Funding Program — to ensure liquidity in the system and “bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and...
Anyone concerned about a bank run tomorrow? When the #18 biggest bank in the US goes tits up in the blink of an eye, my checking account sitting with the #20 biggest bank in the US all of a sudden seems very vulnerable. Or my brokerage with the #8 biggest bank. Headlines are spooky today.
Been...
Honestly poachers have a huge incentive to do what they do and take the risks when the punishments are this lenient. And this is one of the “big” cases. 23 years?!!!
Of course man, hit me up.
Went looking for pigs this past weekend in a very piggy GMU. Tons of sign, and saw two piglets right at the moment that a couple guys came blowing through on dirtbikes and scared them out. Getting closer to the elusive Hawaii pig by rifle though.
Bizarro world continues, there is still just too much reckless greed in the market. Silvergate Capital. The TLDR story for anyone not following: most shorted stock in the US for a couple months in a row because of serious financial issues somewhat associated with the FTX/Alameda/BTC fallout and...
I’ve been watching a couple different Mortgage REITs since probably January. Thought about dipping my toe in then at “historically cheap prices” but thankfully I didn’t and I watched them fall another 20+ percent from there. How low can they go? It’s a bet on how far the housing market still has...
A screenshot of the main Facebook hunting and fishing page here. I typically don’t see anyone helping anyone on this page, it’s funny it even exists. People post questions there that no one answers for a lot of the reasons posted in this thread.
It’s interesting hunting here, interesting place…
Huberman Lab (EXCELLENT health and wellness podcast btw) just discussed this with Dr. Andy Galpin. Gist was fasted exercise doesn’t really activate fat burning, you’re still burning your huge stores of muscle glycogen and blood glucose first that lasts way longer than most people’s morning...
My whole 2022 and 2023 Roth contributions are just sitting in MM funds right now. I definitely don’t trade in my retirement accounts, but I’m just waiting til perhaps it seems more “bottomy” in the market to move at least these last two years of contributions into SPY or VOO.
Schwab. They are advertising 4.48% right now but I think there’s a bit of a lag for their website to reflect current yield, and since rates have spiked this past two weeks I hand calculated the two week dividend I just got at about 4.9%.
Yeah it looks like I’m actually getting north of 4.5% on MM funds right now, about 5% in this last two weeks. For anyone thinking about what to do with cash.
Anyone want to share their hard-earned insights on REITs lately, valuations, risks, etc? I've seen mention in the last few pages of a couple different REITs people are watching, and I'm just starting to take a look at these, so baseline knowledge is low at this point. What are you guys watching...
I don't understand the Carvana rally, I assume it's just meme stock speculation BS like most other shooting stars these days. Glad I didn't dip my toe in the shorting NASDAQ pool late last week, this week has gone the way I thought it might. Nothing makes sense at this point, it's the market...
I did some research over the weekend on Schwab and their internal options, I wound up just putting about half my cash in their Value Advantage Money Fund (SWVXX) today. The way these money market funds/accounts advertise their interest rates is a little confusing, but this particular money...
Was just up in the mountains yesterday. Tough hiking, no shade, great views. We climbed up from sea level to about 1800 feet to find the goats in the cliffs, but no shots taken due to low likelihood of recovering them in that terrain. Still fun though, how lucky I feel sometimes to get to do...