Do you even invest?

Off-topic? You mean on-topic!
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wap
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Irish wrote: Mon Mar 01, 2021 3:33 pm
max225 wrote: Mon Mar 01, 2021 3:20 pm

Same ... I always watch my friend do it and I suppose get the kick out of this way. I have never seen him win in the end... and I have seen him loose 5 figures I think in the process. Watch him gamble in Reno, cruise ship, Vegas etc ... kind of :mindblown: but I’m just cucking next to him and get free drinks
Def need a system to slant the odds back away from a significant house advantage.

In Craps the "real" odds back up bets that no one tells you about is the way.

In Blackjack its memorizing the probability tables.... so you know when to Hit, Stand or double down
:dat:
We learned the bolded from a book. Makes it the least house-advantaged bet in the whole casino, iirc.
But ultimately still house-advantaged, :doe:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 5:23 pm
Irish wrote: Mon Mar 01, 2021 3:33 pm

Def need a system to slant the odds back away from a significant house advantage.

In Craps the "real" odds back up bets that no one tells you about is the way.

In Blackjack its memorizing the probability tables.... so you know when to Hit, Stand or double down
:dat:
We learned the bolded from a book. Makes it the least house-advantaged bet in the whole casino, iirc.
But ultimately still house-advantaged, :doe:
:yesth: short of talented card counting in BJ I think you are correct sir......
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Isn't card counting in BJ or poker frowned upon by the House? Though, how they can tell is beyond me.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 5:52 pm Isn't card counting in BJ or poker frowned upon by the House? Though, how they can tell is beyond me.
Oh yes.... in old Vegas they'd bust your kneecaps .... Today they'd likely just warn you first then ban you......



this bands been my guilty pleasure been following them for years...... the dude went on to found Patreon .....
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:notbad:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Mon Mar 01, 2021 6:01 pm:notbad:
You'll 'remember this one from your tour of duty during the Korean War

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:wub:
Memories...
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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yayyy my xrp finally went out of the red!
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Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?
I am mixed on dividends... When you get paid you immediately get taxed. So a 10% dividend is more like 5%. Also dividend stocks like Verizon and ATT tend to be pumped for just that. so they have gone no where over time but they do certainly get depressed more so than others.

I can't honestly recommend any stock at the moment. Because it all seems like a shit show.

The market has shifted from "tech" to Crypto/NFT
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max225 wrote: Wed Apr 14, 2021 12:51 pm
Detroit wrote: Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?
I am mixed on dividends... When you get paid you immediately get taxed. So a 10% dividend is more like 5%. Also dividend stocks like Verizon and ATT tend to be pumped for just that. so they have gone no where over time but they do certainly get depressed more so than others.

I can't honestly recommend any stock at the moment. Because it all seems like a shit show.

The market has shifted from "tech" to Crypto/NFT
I'm treating ATT somewhat as an inflation hedge because the price doesn't move and at least I'll get something back. I don't have much in it, but even 4% actual dividend is better than I'd get with any savings account. And I do think there's upside opportunity with T in particular.

I also think the market is a shitshow, so I'm having a lot of difficulty picking stocks. Most of my "investment" money is just in a managed portfolio with Ally where I can mostly forget about it. I'm just trying my hand at picking some to learn and see how it goes.

I don't understand NFT at all. Crypto seems to be something that might be worth getting into, but even that has me still :wtf: :butwhy:
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Wed Apr 14, 2021 12:47 pm Starting to dabble in real stocks. Bought some T and SMG this morning. T should be a good dividend stock to hold onto forever, price does nothing, but the dividend is appealing. Plus I think there's some upside in the business with HBO.

SMG is an attempt to get into pot without getting into pot.

I'd like to pick up some tech, but can't pick one. Anyone have some good tech ETFs? QQQ, VGT, etc?
If you want good dividends look at MFA as well.
:doughnut: :narc: :doughnut:
Desertbreh wrote: Thu Oct 17, 2019 3:05 pm DFD. The forum where everybody makes the same choices and then tells anybody trying to join the club that they are the stupidest motherfucker to ever walk the earth.
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Dogecoin baby
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1. :doge:
2. Hodl
3. Moon
4. Lambo
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I don't understand anything anymore.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
Sig worthy.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Fri Apr 16, 2021 3:09 pm
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
Sig worthy.
:fuckyeah:
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Fri Apr 16, 2021 3:12 pm
wap wrote: Fri Apr 16, 2021 3:09 pm

Sig worthy.
:fuckyeah:
:hue:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
:dat: I'm just going to direct extra cash to what's least popular, paying down debt. :foreveralone:
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Jesus I remember buying and selling millions of doge in my ML bot. I did a friend a favor back in the day and he gave me $2 doge and it was like 500k doge, and literally a joke. Well shit. We still have clamcoin I guess.
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Tarspin wrote: Fri Apr 16, 2021 3:30 pm
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
:dat: I'm just going to direct extra cash to what's least popular, paying down debt. :foreveralone:
Least popular according to who?
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clamcoin
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max225 wrote: Sat Apr 24, 2021 10:21 pm
Tarspin wrote: Fri Apr 16, 2021 3:30 pm

:dat: I'm just going to direct extra cash to what's least popular, paying down debt. :foreveralone:
Least popular according to who?
Talking heads... gotta own some bitcoin, dogcoin, leverage and grab more real estate, interest rates vs stock gainzzz, money is cheap... and on and on.

I haven't looked at that stuff seriously for about two years and I'm happier for it. R you still investing is stocks/etc?
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rockchops wrote: Sat Apr 24, 2021 11:49 pmclamcoin
We have all invested in that dood. There may be returns, but its rarely $$
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Tarspin wrote: Sun Apr 25, 2021 12:23 am
max225 wrote: Sat Apr 24, 2021 10:21 pm

Least popular according to who?
Talking heads... gotta own some bitcoin, dogcoin, leverage and grab more real estate, interest rates vs stock gainzzz, money is cheap... and on and on.

I haven't looked at that stuff seriously for about two years and I'm happier for it. R you still investing is stocks/etc?
I didn’t have a too great 2021 with anything I bought... my sole purchase was apple I thought that with pandemic etc everyone glued to phone ... it’ll go up due to people using more and more Apple products for longer periods of time.

But I am still down ... 50k put in and I’m at 48k 6 months later. So I’m staying out for now
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