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Recent content by Matawan3

  1. M

    Review: Golden Spa, Elli

    Spa prices will likely rise. Anything that people haven't been able to do or haven't been willing to do in the last year will be in high demand. A $10 increase in a HF is no big deal. Go try to rent a car. What was $30 a day is now $80.
  2. M

    monger animated video..

    I think it should be a comedy. There is so much comedy in mongering. I was laughing so hard at the Better Call Saul Clip where Jimmy sends the ladies to Howard.
  3. M

    Blood on the streets cleaned up

    Yeah, to be fair VTI has done very well, and if this was one year ago today, I'd be buying the heck out of it. If I bought in 2018, I'd be holding it too. But at this very moment doesn't look like a good entry. However I would consider some on a dip. Yeah, JNK is one of those where I think its...
  4. M

    Blood on the streets cleaned up

    Hard pass on VTI. For one, its at record highs and like the DJIA, has essentially double since a year ago. It screams "you missed the boat" and way overbought. Its dividend is not impressive given the amount of risk you'd take on. It yields less than 2% which is pocket change relative to risk...
  5. M

    Blood on the streets cleaned up

    Glad I bought that dip
  6. M

    Blood on the streets cleaned up

    I get what you are saying on dividends. I don't feel comfortable enough with options to trade them. But thats just my lack of knowledge. Same goes for shorting. I tried that a bit and got burned really bad; so I quit. There is definitely good income to be had from dividends with fairly low...
  7. M

    Blood on the streets cleaned up

    I know a guaranteed way to make money day trading. Using a certain formula with a 1% stop loss, and 1.5% limit, the trade is right between 55%-65% of the time. So yeah, you lose trades, tons of them. But you ultimately make money.Its just math. The problem is, its actually a full time job...
  8. M

    Let's say a bust happens

    What the point of a burner phone? If you are trying to hide from a SO, okay, I understand. But hiding from LE with a burner? LOL. I am sure they can easily trace the number to who bought the phone, where it was bought, what time it was bought. Cell tower locations. I bet they can even find video...
  9. M

    Blood on the streets cleaned up

    And down she goes today......taking a beating in some areas. Did I call that top or what? I'll put a little money to work today. But not a lot. I think more pain is coming.
  10. M

    Blood on the streets cleaned up

    In a general sense I fear people who also just say "Buy and hold". Market terrible? "Buy and hold" Market in the middle of a collapse? "Buy and Hold" You could lose all you money? "Buy and Hold". That is stuff so called "Financial planners" say to people who don't know any better. I think...
  11. M

    Blood on the streets cleaned up

    So in other words, I am correct about dividends. I guess the thing that annoys me most is someone who comes off as being very condescending in a "I know more than you" but actually can't have a discussion where he specifically tells me how I am wrong. I'd love for you to prove me wrong. I'd...
  12. M

    Blood on the streets cleaned up

    Amen to that. Between the ages of 18-30. All I did was save, save ,save. From 30-40, I've mostly spent my money. Why? You don't get ANY return on your money in a bank. So its either, get risky, or get nothing. So might as well spend it. But I've been smart and spent it on things that hold their...
  13. M

    Blood on the streets cleaned up

    Yeah, people don't realize that the govt is floating all unemployed people right now. I know someone who has been on govt assistance since last March. They just sit in their apartment all day. What happens when that expires in Sept? We can't keep adding on these trillions of dollar bills. We are...
  14. M

    Blood on the streets cleaned up

    I am frustrated that you aren't answering my questions. All I want is you to list the symbol of the stock that offers high dividends with low risk. I'd put my money in that the second I got it. Otherwise, I feel like my points stands. You haven't refuted how dividends come with high risk that...
  15. M

    Blood on the streets cleaned up

    Okay cool. Thanks for the book link. Ill check it out. But that still doesn't explain how dividends don't come with tons of risk. Like you can't make a livable income off dividends, without risking a life savings worth of money. If you can; I'd love to know where those investments exist. You...
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