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  1. Rangoth

    Retirement... (i.e. what are you going to be after you've grown up)

    I’m trying to get close myself, currently 43 and with any luck I hope to be retired by 45, for sure before 50. As others have said I have plenty to do, but for me it’s not about being tied to teams meetings, my inbox, whatever drama of the day went down(office job). it Used to be about money for...
  2. Rangoth

    Investing General Discussion

    I recently lost puts on NNE. This fraud a company has like 5 employees and it's memeing it up hardcore with an insane valuation. It did drop but I got the timing wrong and had to eat a 15% loss on that one :(
  3. Rangoth

    Investing General Discussion

    i very rarely hold long puts. It’s usually a 1-2 day play is I see great downward MA’s. One of those “I can scalp 5% in less than a few hours”. I did a few long puts on TSLA during his trump fued that worked out as well.
  4. Rangoth

    Investing General Discussion

    Wyoming in particular allows you to hide the owner of the LLC/Corp.
  5. Rangoth

    Investing General Discussion

    Someone may correct me, but I believe, by default, the LLC would be 100% pass through. I think if you want to pay yourself and contractors you may want to classify your business as an S-Corp
  6. Rangoth

    Investing General Discussion

    What's the trump intel thing? That real? It's down another .50 cents right now, but based on history it may have already found it's bottom.
  7. Rangoth

    Investing General Discussion

    According to this forum post, the sale of the lot which resulted in a loss would trigger a wash sale if rebought. I don’t know shit about that forum, just first google hit. https://www.bogleheads.org/forum/viewtopic.php?t=384091
  8. Rangoth

    Investing General Discussion

    lol, here we go again with a completely fear based drop due to the imaginary tariff date. I'll wait this one out and pick up a bunch of calls in a few days(maybe 1-2 weeks) when the panic stops. Last time it was about 1 month of free-fall until it basically went back to the old levels in no time.
  9. Rangoth

    Investing General Discussion

    Was super interesting. He basically said fuck trump, we need to trust government numbers, etc. Said we do what we do for the people, but we also won't have open door meetings like we are officially supposed to because the people can't understand or whatever. At this point it is playing pure...
  10. Rangoth

    Investing General Discussion

    Supposed to be some crypto plan published today? Like most shit government does I am guessing a bit of a nothing-burger, but maybe a potential play on the crypto stocks like COIN/MSTR/FBTC/etc? I may buy a few(1-5k) in calls on some of those...
  11. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    9-18 month ROI is amazing, any business would take that.
  12. Rangoth

    Investing General Discussion

    I meant 10%, but more importantly I meant that if my thesis of 80-90 is wrong I would bail at approximately 85$. But I also promise you will see me here within 2 weeks buying some calls depending on it's fall line
  13. Rangoth

    Investing General Discussion

    All good. I'm not an attacker. I actually love this thread. It's been posted 50 times previously but something about asking even my "close" friends about their money is almost worse than asking if they are gay or what their politics are. I kind of get it, but it sucks. So I love this thread...
  14. Rangoth

    Investing General Discussion

    So, we are in the stock thread, and I'm not gonna trade on it or shit on you, but generally want your opinion, do you think they will keep dropping below ~= 19$? The pure technicals say no, and thus where I would consider an entry, but I also don't follow chip technology or space at all. I...
  15. Rangoth

    Investing General Discussion

    Why do you say that? AI, next gen, blah blah, all that shit needs physical hardware to make it do things that it does. Isn't it pretty much NDVA/AMD/INTC in that space? Is there someone else? I dont mean another meme stock that may overtake them if X/Y/Z happens, I mean a legitimate chip...
  16. Rangoth

    Investing General Discussion

    From both a company and investment perspective, zombies are ok actually. I do often wonder do I place my "safe cash" in SPY or safe company X, and 90% of the time I go with SPY because it has never been lower than it's low within a 3-5 year time frame, which I still have. However if you were a...
  17. Rangoth

    Investing General Discussion

    The puts were for next week so I bet I could have milked more out of it, but I won't complain about a 100% gain in a day. Normally I'd say I should have bet more but given that this was a total gamble based on my gut of TSLA/Elon just getting beat down in the public sphere, my risk tolerance was...
  18. Rangoth

    Investing General Discussion

    TSLA headline below on earnings and it's barely moved. Hovering around +1$. The cult is strong on this one.
  19. Rangoth

    Investing General Discussion

    I took out a 2k(very small) put position on TSLA for the earnings. It's a 100% gamble that sales are down and forecast looks glim due to all the Elon politics crap. Looking for a huge move in my favor to turn 2 into 10 or something, otherwise ohhh well. In other news OPTT is now at 0.80$ so...
  20. Rangoth

    Investing General Discussion

    Interdasting..... I have never been impacted by the rule either by ignorance, luck, or lack of multiple inter-day trades. What is the reasoning and thought behind the rule and change? I suspect the rule was to prevent idiots? But if people want to gamble I say let them, we don't stop anyone at...
  21. Rangoth

    Investing General Discussion

    it’s basically dividend minus NAV erosion. Overall I’m still up and it keeps paying, when you get in matters a bit but not in the long run. As mentioned above it’s a good income strategy but not a growth strategy
  22. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    So what’s the play for crypto week? I’m think FBTC and MSTR
  23. Rangoth

    Investing General Discussion

    It's "crytpo week" next week in congress. Discussing(voting?) on some bills: Genius Act, the Clarity Act and the Anti-CBDC Surveillance State Act
  24. Rangoth

    The Heroes Journey (Multiclass EQemu Progression Server)

    It all depends on frequency and length, but I get it. The best I can relate is if my girl sat in front of the TV for like 6 hours every night and we never did shit together….unhealthy and not a positive relationship. If she does it while I go do X activity(gaming or volleyball with friends) for...
  25. Rangoth

    Investing General Discussion

    I know I know. Markets do market things. None of it makes sense anymore aside from golden stocks with sensible financials. anyone done research on if you put 1k into 25 potential meme stocks or something. How many do retarded UPST, GME, PLTR type moves upward. If 2-3 hit you could turn 25k into...
  26. Rangoth

    Investing General Discussion

    The article somewhat highlights my point. People don’t have the time to direct vet. So combining something like AI/official vetting with new technology and anonymity (at the peer to peer level, not account level) I think it could take off again. Basically it just widens the pool of borrowing...
  27. Rangoth

    Investing General Discussion

    Just looked them up. Their operating costs are huge and their margins razor thin. They also don’t do the loans but run the AI bot from what I read that predicts repayability….aka credit worthiness. They claim for consumers you get approved faster with lower rates and for banks less defaults...
  28. Rangoth

    Investing General Discussion

    I’ve seen that ticker before but never followed them as a company. That’s a massive drop(400 to 70). What caused it and what’s the reason we think it’s fixed. That’s more than even TSLA bombs depending on daily tweet. Had to be fundamental and not just part of the brief market down spike.
  29. Rangoth

    Investing General Discussion

    Platinum is def. A rare earth metal and commodity I almost never look at. Thanks for the info. May add it to the monitor list
  30. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    Holy fuck. I didn’t research if true, but assuming it is…..a wallet moving shit after 14 years? Wtf? did someone who forgot they bought Bitcoin find their wallet? A big player taking action? I find it near impossible that any normal human wouldn’t have sold off like 1 million worth at some...
  31. Rangoth

    Investing General Discussion

    FYI, great site for overall reporting of market stuff: Economic Calendar All the numbers are ok actually. Not a blowout amazing, but all ok. Turns out the tariff trade war thing and booting illegals actually works. Again not political but the entire Trump is wrong thing simply doesn't hold...
  32. Rangoth

    Bitcoins/Litecoins/Virtual Currencies

    yes, I don’t think they can stop transactions, I get that. No different than you could stop a store owner from taking cash. But they could say: any business(wallet) that accepts cash from this bad wallet is fine/punished/whatever. Since all transactions are public ledger, no way hide that...
  33. Rangoth

    Investing General Discussion

    I know this is not the politics thread but I 100% agree and this conversation is relevant here. The EU issue is that they are having a similar MAGA type populist movement there, only because of the way the EU works, it may drive many countries to want to "brexit" the EU if their version of Trump...
  34. Rangoth

    Investing General Discussion

    I saw that lol. A whiff on deliveries and more news of sales slipping....and up 4%. meme stock or long game stock(with the robotic/AI take) for sure. Glad I didn't get those puts!
  35. Rangoth

    Investing General Discussion

    Spitballing but I think nothing short of a cataclysmic world wide event could tip it. We'll see inflation, we'll see numbers go up, but it will never collapse so long as the US is the world power and the dollar is the holy gospel. Things that could break it? A true US collapse. I don't mean...
  36. Rangoth

    Investing General Discussion

    I know I know...never bet against musk. But the stock has been struggling in general even the last 6 months per chart below. Hit a low, bounced back a but has been slowly trending down the entire time. More bad news from EU sales so far this week and I believe they are due to report more...
  37. Rangoth

    Investing General Discussion

    Somewhat the opposite if you play it right actually. Debt as this happens become cheaper and investments(on avg.) become more valuable. The only time it sucks if you are just sitting on a pile of dollars doing nothing. Is it healthy long term? Not at all, but it absolutely can be played well...
  38. Rangoth

    Investing General Discussion

    @Araysar That makes sense but my options were short dated and I bailed a while ago. I didn't want to hold the stock. It may continue to gain but I think it might be in for a long haul before really jumping up. There are better short term and long term plays for me. For long term I still like...
  39. Rangoth

    The Heroes Journey (Multiclass EQemu Progression Server)

    As someone posted above. They are neither creative nor motivated enough to produce this and keep it going. EQ is dead. It’s the passion of old players that spawns this stuff. The best outcome we could hope for is some agreement where DBG allows the server to exist with some conditions (probably...
  40. Rangoth

    Investing General Discussion

    I won't bet my life on it....but I do find the inverse cramer thing funny. I would, for the FOH community, bet 5-10k on the exact opposite of cramer for forums lols..... Conditions: Most likely it will be a 3-6 month out options position as cramer is typically talking about portfolio type...