Search results

  1. Captain Suave

    MMA Thread

    Great fight. Dat jab...
  2. Captain Suave

    MMA Thread

    What the fuck? Lol. I know Viera through BJJ and the guy is a straight monster cardio machine. This is some bizzaro parallel universe.
  3. Captain Suave

    Minecraft

    My kids and I will just roll a new world when this releases. Anything we're not willing to rebuild there are tools to paste in relatively painlessly.
  4. Captain Suave

    Minecraft

    I had one from 2009 linked to an email account that I no longer have access to. I ended up just buying it again.
  5. Captain Suave

    Parent Thread

    Not judging anyone else's call, but I've never considered paying my kids for grades. I know what they're capable of and simply expect them to do it. That's their job at this stage in life. This is doubly true since they're relatively high achievers. To the extent that my oldest (3rd grade)...
  6. Captain Suave

    MMA Thread

  7. Captain Suave

    Investing General Discussion

    This is only true in 30 states. When evaluating 529's it's worth noting that you can invest in any state's plan (though it may have tax implications for you), and some of them have truly dogshit expense ratios on the available funds.
  8. Captain Suave

    Woodworking

    That's kinda the nature of wood glue. If you aren't worried about massive holding strength you can water it down a bit. For small projects people use CA glue just fine.
  9. Captain Suave

    Funny, Strange, Random Pics

    For anyone who wants a similar experience to this place but doesn't want to fly to Romania, check out Krause Springs outside of Austin.
  10. Captain Suave

    Investing General Discussion

    Interesting, but this only works for the 401(k) from your current job at 55. You can't withdraw early from retirement plans under different employers.
  11. Captain Suave

    Investing General Discussion

    You will. I had to go through this shit over $6 a few years back. That money has been accruing market gains into 2021 and there isn't any clean way to hit an "undo" button.
  12. Captain Suave

    Investing General Discussion

    Ouch. If your 2020 tIRA funds have been in the market long enough to accrue gains that's a whole other can of worms. You'll have to extract the gains from the account that derive from your 2020 contribution, declare those as income in 2021, and possibly pay penalties. The paperwork is miserable...
  13. Captain Suave

    Investing General Discussion

    AFAIK, you can't. You have to contact your administrator and reverse your tIRA contribution and make a separate Roth contribution. You'll get a form reporting a non-taxable disbursement from your tIRA for an amount that you'll have to file as income in 2021. Fixing contributions is a giant...
  14. Captain Suave

    Investing General Discussion

    This is an interesting thought, as I've been prioritizing tax-advantaged savings since an early age. I just checked and about 30% of my investment assets are in retirement accounts. I'm assuming that's not a high enough fraction to cause problems if we should decide to retire before 65...
  15. Captain Suave

    Woodworking

    I bought this one and it's been servicable as long as I remember to keep snipe into account. It was $275 at the time of purchase (now ~$350). Planers do tend to go on sale fairly frequently. I've seen the DW735 at $100-200 off several times. It was $500 as recently as a couple months ago. If...
  16. Captain Suave

    Investing General Discussion

    https://www.nolo.com/legal-encyclopedia/why-its-tax-smart-hire-your-children.html tldr; It can save taxes, but you have to pay them a market rate for real work. From personal experience from working for my dad's business growing up, it's also a great way to get audited so make sure you document...
  17. Captain Suave

    Investing General Discussion

    I believe that is the case, yes. Just FYI, if you're self-employed/1099'd you can set up a solo-401k and save up to the first ~$57k of income tax free (depending on your income), since you control both the employee and employer portions of contribution. It's the standard 401k contribution +...
  18. Captain Suave

    Investing General Discussion

    Sure. I've been investing since I was 16. I'm talking short term for someone who is currently unemployed. As soon as your income and lifestyle are in balance, it's time to start squirreling away.
  19. Captain Suave

    Investing General Discussion

    Seconded. If the goal is actually to build wealth, even an absurd 400% annual return on $1000 is going to pale in comparison to what you can get with labor. Investing isn't worth your time to think about at this scale if it defers earned income. (If it's just for fun in your spare time, then...
  20. Captain Suave

    Home Improvement

  21. Captain Suave

    Investing General Discussion

    Please reevaluate your preferences.
  22. Captain Suave

    MMA Thread

    Being effective with leg locks is an entire sub-specialty of grappling that takes years of work to develop. It's not like calf kicks, where (I assume) you can easily modify your existing kicking game. Outside of Ryan Hall, Garry Tonon (One FC), Rousimar Palhares, and maybe Oliveira, I'm not sure...
  23. Captain Suave

    Minecraft

    Another project down. I run the server for my kids on a gimpy old Celeron-powered Intel NUC from 2008. It gets the job done, but only barely, and starts to choke when we have >4 players simultaneously. One source of overhead in Minecraft is the spawn chunks, which are an area of the world where...
  24. Captain Suave

    MMA Thread

    "Tamoxifen is an off-label option to treat men for breast cancer, infertility, and idiopathic gynecomastia" https://pubmed.ncbi.nlm.nih.gov/27152880/ Maybe he was growing boobs from the other PEDs he was taking.
  25. Captain Suave

    Investing General Discussion

    If grinding it out the reliable way were fun, everyone would do it.
  26. Captain Suave

    Investing General Discussion

    Investors? Here?
  27. Captain Suave

    Investing General Discussion

    That depends entirely on the value of your time compared your absolute expected returns trading. Unless you've got a 6+ figure trading portfolio and really know what you're doing you're likely better off working for money, living modestly, and indexing saving as opposed to displacing earned...
  28. Captain Suave

    Investing General Discussion

    It's not even the thread for investing any more.
  29. Captain Suave

    Investing General Discussion

    Then find a board member or CFO's phone number and see if they'll take your call. To put a finer point on it, it's logically possible to invest in private companies, but if you have to ask how to do that on a message board, YOU can't.
  30. Captain Suave

    Investing General Discussion

    You don't. It's private.
  31. Captain Suave

    Investing General Discussion

    Ebay, pawn shops, coin dealers, online.
  32. Captain Suave

    Investing General Discussion

    https://coinquest.com/cgi-bin/cq/coins.pl?coin=3209 tldr; Given that they're ~90% silver they're worth about what you'd expect given the current spot price of materials. Sell as you see fit.
  33. Captain Suave

    Investing General Discussion

    Frankly, I'd be shocked if they didn't already have parsing programs scraping Reddit in real-time for data to feed the algorithms. (Maybe not Melvin in particular, but someone does.)
  34. Captain Suave

    Investing General Discussion

    Yes. Article says nothing of the sort. https://www.bloomberg.com/news/articles/2021-01-27/yellen-monitoring-gamestop-market-activity-psaki-says
  35. Captain Suave

    Investing General Discussion

    Just wait for Elon's twitter/RH hybrid venture.
  36. Captain Suave

    Investing General Discussion

    The short holders can close the position whenever they decide they've had enough. (That may have already happened to a significant degree here, we don't really know. 90% of GME changed hands yesterday.) Then you've got your money tied up in inflated stock no one wants. Race to the bottom as soon...
  37. Captain Suave

    Investing General Discussion

    If you still hold the equity after the short squeeze, you have to sell it to someone or you'll be sitting on it for the crash.
  38. Captain Suave

    Investing General Discussion

    <oops>
  39. Captain Suave

    Investing General Discussion

    I understand this, but I think it's also relevant who you're playing against. In this situation, the odds of your profit coming from a neophite who can't afford it a and causing acute harm are fairly high. I'm not saying it's wrong to play, but it's an issue I consider. Edit: Also, this is only...
  40. Captain Suave

    Investing General Discussion

    Honestly, there's some ethical self-examination that needs to be done here on participating in this kind of thing. While there are some guilt-free lulz to be had about sticking it to some big players, those guys are also in the best position to protect themselves. I'm not sure how comfortable...