Starbucks gift cards are safer than banks

[KAL-EL]

I think the sky is falling over USA next Tuesday afternoon, just as predicted on PDF every week, for the last decade, right?

Virtually every week since ive been here there's always been some kind of a "sky is falling" thread

 

[VCheng]

@VCheng

One thing I will mention, and not taught at school, is that cash management is a science. Even in the stock market, for example, those who play the stock market often use options to hedge positions as insurance where their options will be profitable and collect premiums while the actual shares are at a loss, decreasing their loss percentage. With that, they get a form of cash flow to purchase more shares and ride the market up over the years.

While many use options to gamble and try and make big moves, it does serve the purpose, but if you leave your capital open for a loss, it's dumb on the trader's part.

Thank you for reminding me of all the good reasons I am not a trader. I am a simple guy financially: earn a steady salary, spend less than what I earn, save regularly. I sleep rather well. Works for me.

Virtually every week since ive been here there's always been some kind of a "sky is falling" thread

Yup. It is always scheduled for next Thursday afternoon, right after the Wednesday lunchtime when the USD finally dies for the 147,894th time.

 

[大汉奸柳传志]

Wellesley, MA Is One of the Richest Cities in the Country

it's a little town with only 30,000 people.

 

[Foinikas]

https://twitter.com/x/status/1634896804360900608

Lol I remember that video!

 

[Hamartia Antidote]

it's a little town with only 30,000 people.

yes, isn't it interesting that the bank only has very few branches outside of California and one is in that remote place. Shouldn't that tell you something about the clientele of that town?