Talking stocks, trading, and investing in general

[zalb916]

******** around and bought $500 in doge a couple of months ago at an average price of about 4.8 cents. It started spiking again this morning, so I decided to put a sell order at 10x. It hit 48 cents for a few seconds earlier today, so I cashed out. Totally random that 10x my investment happened to be the peak ... for now.

So stupid, but whatever. I’ll take the money and do something else stupid with it now.

 

[otc]

this ****** article comparing incomes from 30k-200k living in Jackson Hole:

4 People with Very Different Incomes on Living in Jackson Hole

Teton County is known for its endless adventure—and for its tax-haven status and lack of affordable housing. We asked four residents earning between $30,000 and $200,000 how they make it work.

www.outsideonline.com

Only two of those 4 people should actually be included. One guy earning $72kl explicitly doesn't live in Jackson Hole. Its not fun to say "How do you make it work on $72k in the highest income county in the USA" and then say "I make it work by not actually living there"

The other guy sold his companies, retired and now lives on 200k+. That doesn't count either--that's just what he's drawing from his savings each year. So of course he answers:

Yeah...because he's an old retired rich guy. A $200k working stiff family living in Teton County would probably still be like "I'd like to be able to buy a house big enough for each my my kids to have their own bedroom"

 

[venividivicibj]

 

[PhilKenSebben]

Forget the whole advisor side of this, did you read the article? Man, what a ******* trip

 

[Piobaire]

When I was 30 my favorite of a few different jobs was valet parking cars three lunches a week at one of Detroit's "power lunch" places. I'd make $80-120 in cash (less on Mondays, more on Fridays) and got a free lunch. I was driving a used Ford Ranger, manual, with the BBFA package (bare balls, **** all.)

 

[jbarwick]

Forget the whole advisor side of this, did you read the article? Man, what a ******* trip

Based on the article, she is going to run out of money.

 

[PhilKenSebben]

Based on the article, she is going to run out of money.

You think so? I didn't get that. I just got that she was insane. She wanted to call the guy she lost her virginity to and tell him her net worth. Very odd

 

[jbarwick]

Depends on her lifestyle but having a dog cardiologist, which points towards frivolous spending, she may run out.

 

[Piobaire]

IDK, she pretty much lays out she's cheap, she's not generous, and the only thing she'll spend money on is her dog. Pretty sure Gordon Gekko has something to say about that.

 

[Omega Male]

That article is more about her cognitive dissonance over not feeling she really earned the windfall than it is about what she's going to do with it. Sometimes you get hit with the lucky stick -- absorb it, be grateful, live your life for **** sake.

 

[HRoi]

As a business article that thing is rambling nonsense

as an assessment of the wealth management industry it’s not worth your time unless you’re the kind of person that makes huge life decision after reading an anecdote or two from an anonymous source

as a human interest story it’s fine. The 08 crash has affected millennials in some really freaky ways. I don’t know what the equivalent of that is for us Gen Xers. Maybe 9/11? I was really bummed out when the Challenger exploded but I don’t think the experience shaped me...

 

[Piobaire]

For Gen X I don't think it was a single event that impacted so many of us but rather growing up being constantly told the world would end in nuclear conflagration while we were still young adults. Early memories of the world heading towards dystopia are pretty clear. Where I lived the sweeping changes in the auto industry, and the economic displacement throughout the Rust Belt, meshed perfectly with much of the media I consumed, from popular music to science fiction. The 80s were in some ways a pretty dark time to come of age.

 

[jcman311]

Anonymous? People like that piss me off. Go work a soup kitchen or something to try to make your gifted wealth feel better instead of bitching about wealth managers.

Speaking of money managers, we finally spoke with ours yesterday. Turns out we made quite a bit off the gamestop craze as our small cap index held shares. LOL! ????

 

[Texasmade]

Anonymous? People like that piss me off. Go work a soup kitchen or something to try to make your gifted wealth feel better instead of bitching about wealth managers.

Speaking of money managers, we finally spoke with ours yesterday. Turns out we made quite a bit off the gamestop craze as our small cap index held shares. LOL! ????

Way to join @Piobaire and me on the tendies!

 

[venividivicibj]

******** around and bought $500 in doge a couple of months ago at an average price of about 4.8 cents. It started spiking again this morning, so I decided to put a sell order at 10x. It hit 48 cents for a few seconds earlier today, so I cashed out. Totally random that 10x my investment happened to be the peak ... for now.

So stupid, but whatever. I’ll take the money and do something else stupid with it now.

Do you have a brother?