Sanrith Descartes
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Investing General Discussion
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Sanrith Descartes
Veteran of a thousand threadban wars
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Insanity. I have put options to buy to close. I am the only buyer at the bid. Contracts are being bought at the ask (above my bid) on another exchange. Im guessing these are people using a market orders instead of limit orders and getting fucked? Meanwhile my orders go unfilled.
Sanrith Descartes
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fris
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slight derail
a friend just got diagnosed with stage 4 cancer, bile duct. there's like a 10% chance to live 5 years. she's 50, single mom and has an 11 year old daughter. she has about $400k across savings and retirement accounts. Her x is the adoptive parent of her daughter. they needed a doner to conceive, 50/50 custody.
i haven't looked into a living trust vs will much and not really sure where to start. Going blind will probably get a bunch of low-rent lawyers wanting to sell her some sort of policy that not be in her best interest. Is it possible to setup a trust where the daughter can draw up to a certain % of the account every year for education/healthcare and the adoptive parent be the executor to submit those requests? then at say 18 or 25, let the kid take over and draw a certain % yearly? her concern is if she leaves it to the X, the X will have good intent but probably not spend it fully on the kid and the kid will have nothing left by the time she's 18.
a friend just got diagnosed with stage 4 cancer, bile duct. there's like a 10% chance to live 5 years. she's 50, single mom and has an 11 year old daughter. she has about $400k across savings and retirement accounts. Her x is the adoptive parent of her daughter. they needed a doner to conceive, 50/50 custody.
i haven't looked into a living trust vs will much and not really sure where to start. Going blind will probably get a bunch of low-rent lawyers wanting to sell her some sort of policy that not be in her best interest. Is it possible to setup a trust where the daughter can draw up to a certain % of the account every year for education/healthcare and the adoptive parent be the executor to submit those requests? then at say 18 or 25, let the kid take over and draw a certain % yearly? her concern is if she leaves it to the X, the X will have good intent but probably not spend it fully on the kid and the kid will have nothing left by the time she's 18.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
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I am back down to single digit account loss on my portfolio holdings lifetime.
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Sanrith Descartes
Veteran of a thousand threadban wars
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VIX sub-23 but breadth on the exchanges is pretty shitty. Only 63% green on the day. Pretty sus.
Sanrith Descartes
Veteran of a thousand threadban wars
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META working on 5 green candles out of the last 6 sessions. +30% since hitting rock bottom a could weeks ago.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
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Sanrith Descartes
Veteran of a thousand threadban wars
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God I just hope the NASDAQ gets back to that Sept 12 level (310)and I'm dumping like:
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Sanrith Descartes
Veteran of a thousand threadban wars
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My MA position is back in greenland. Patience is a virtue. Big tech share buybacks gonna be running to the end of the year.
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No advice beyond "Talk to a good lawyer", but good luck to her. Billiary cancer is what killed my mom at 53. If your friend wants some contact info I could put her in touch with one of the leading hepato-billiary surgeons who treated my mom. For all that it didn't work, he was amazing (currently in San Diego).
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fris
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thanks. she's working w/ a great team in Dallas. they used the DaVinci machine to remove her first mass.
to keep it investing related, her X bought her out of their home right at the peak and she's just left that in a saving account w/ her broker. she's likely the only one up on the year that I know lol
to keep it investing related, her X bought her out of their home right at the peak and she's just left that in a saving account w/ her broker. she's likely the only one up on the year that I know lol
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Sanrith Descartes
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Aldarion
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Speaking of which, aside from twitter, does anyone know a website for market news that actually updates on time?
I was using marketwatch for economic calendar stuff cause I'm lazy and it shows up high on Google results so I clicked it. But those motherfuckers are always some random 10-30 minutes behind on announcing stuff like this.
That kind of delay is obviously not a real problem for the kind of investing I do but its still frustrating.
I was using marketwatch for economic calendar stuff cause I'm lazy and it shows up high on Google results so I clicked it. But those motherfuckers are always some random 10-30 minutes behind on announcing stuff like this.
That kind of delay is obviously not a real problem for the kind of investing I do but its still frustrating.
Sanrith Descartes
Veteran of a thousand threadban wars
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Twitter is number one because of the Fintwit community. I also use Yahoo Finance. If you hate Twitter then maybe just configure the account to only follow a few dozen financial accounts and ignore the rest of the cesspool.
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