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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
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Old 08-23-2018, 08:26 PM   #2266
ReynardMuldrake ReynardMuldrake is offline
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Hopefully the STZ has treated you well. I've had some of it for a few years and it's done great, but it's had a bit of a pullback the past few months.
Just took a position this week, way too soon to tell. I'm hoping their CGC stake ends up giving them a boost.
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Old 08-24-2018, 05:15 PM   #2267
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 08-26-2018, 07:15 PM   #2268
DRU DRU is offline
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Any Infinite Banking Concept practitioners in here?
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Old 08-27-2018, 05:33 PM   #2269
Hammock Parties Hammock Parties is online now
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Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
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Old 08-27-2018, 05:35 PM   #2270
Rain Man Rain Man is offline
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Any Infinite Banking Concept practitioners in here?
I had to look it up, so no for me. But I'm in the stage of life where I'm paid off and avoiding debt, so it's kind of irrelevant for me.
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Last edited by Rain Man; 08-27-2018 at 09:43 PM..
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Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
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Old 08-27-2018, 09:02 PM   #2271
lewdog lewdog is offline
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Quote:
Originally Posted by Hammock Parties View Post
IQ SOARING TODAY

UP 9 PERCENT

THE RISE HAS BEGUN


I'm back in the positive. Have a covered call for $37.50 in September. I hope it hits, but I highly doubt it.
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Old 08-27-2018, 09:11 PM   #2272
Hammock Parties Hammock Parties is online now
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I'm back in the positive. Have a covered call for $37.50 in September. I hope it hits, but I highly doubt it.
Too early.

November is the big money.
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Old 08-27-2018, 09:16 PM   #2273
lewdog lewdog is offline
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Too early.

November is the big money.
What's in November for IQ?

And I'm mostly selling covered calls to make some ****ing cash while this dumb ass stock tanks. This was always a short term play for me but I've had to hold so damn long now!
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lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
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Old 08-27-2018, 09:20 PM   #2274
Hammock Parties Hammock Parties is online now
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Originally Posted by lewdog View Post
What's in November for IQ?

And I'm mostly selling covered calls to make some ****ing cash while this dumb ass stock tanks. This was always a short term play for me but I've had to hold so damn long now!
When the chinese market turns it's going way up.

November is just when some have predicted it would skyrocket.
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Old 08-27-2018, 09:33 PM   #2275
lewdog lewdog is offline
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When the chinese market turns it's going way up.

November is just when some have predicted it would skyrocket.
Honestly, I think we see a short squeeze soon and a spike to $35-37 this week.
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lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
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Old 08-28-2018, 12:32 PM   #2276
DRU DRU is offline
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I had to look it up, so no for me. But I'm in the stage of life where I'm paid off and avoiding debt, so it's kind of irrelevant for me.
Well it wouldn't put you in debt. Actually quite the opposite. Your cash flow would remain exactly as it is now, but you would be leveraging your cash so that it continues to earn uninterrupted compound interest for life instead of constantly draining your account every time you buy something (ie. cars, vacations, weddings, business expenses, everyday personal expenses, etc.)

It guarantees that you'll reach the end of the "hockey stick" where those huge compounded returns come into play. Most people never make it there because you either spend or lose your money, which resets your compound curve on your timeline/graph, and can never be recaptured.

I've become very passionate about it since I began doing it have seen and felt it working.
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Old 08-28-2018, 01:07 PM   #2277
Amnorix Amnorix is offline
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Any Infinite Banking Concept practitioners in here?
Looks like its based on whole life insurance. Uhh, no thanks. Whole (or permanent) life insurance is pretty expensive as an investment vehicle, with a comparatively lousy rate of return. If you're a higher income earner and have maxed out your 401(k), IRAs, etc., and/or have some unique reason to have whole life, then sure, whatever, but for the vast majority of people, I wouldn't bother with it. Term insurance is substantially cheaper.

All that said, I do have a modest amount of whole life, which I got back in like 2000. Now, about 18 years later, the cash value of the policy equals the amount I have paid in premiums. Now, there was the peace of mind of having life insurance in case something happened to me years ago as well, of course, but still, that's a lousy return where the stock market since 2000 is up about a bazillion percent.

I would have been MUCH better if I took like X% of that whole life premium and put it into term insurance, fixed for 20 years, so I would have the same death benefit as with the whole life, and put the rest of it into index mutual funds or something.
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Last edited by Amnorix; 08-28-2018 at 01:16 PM..
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Old 08-28-2018, 04:14 PM   #2278
displacedinMN displacedinMN is offline
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What does the retirement account from the state offer? Can you pick different stocks or funds in it?
We do not get to pick how the funds in our retirement account. But it pays better than the IRA. time to make a call
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Old 08-28-2018, 04:43 PM   #2279
R8RFAN R8RFAN is offline
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I was just sitting on the toilet counting my stash and thought I would take a pic for all you broke dicks who frequent this site

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Old 08-28-2018, 05:04 PM   #2280
philfree philfree is online now
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I was just sitting on the toilet counting my stash and thought I would take a pic for all you broke dicks who frequent this site

Feds probably need to get an IP on this.
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