What's new

Search results

  1. YanC

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    View: https://twitter.com/lisaabramowicz1/status/1541789952668737538?s=20&t=65Q1nH0K4kB40-Ya6EanQQ I thought that was quite surprising. The ultimate acceleration before the fall maybe.
  2. YanC

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    The Fed Hasn't Fixed Its Worst Blunder Since the 1970s History doesn't repeat itself, but it often rhymes...
  3. YanC

    How many of you play video games?

    HOT! OFF-TOPIC 
    I used to play so much and so many video games. I have very fond memories of some of them. Age of Empires, the Total War series, The Witcher, The Legend of Zelda... I could mention dozens and dozens. But they take up so much time, which is finite unfortunately and I decided to stop years ago as...
  4. YanC

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I'm in a similar spot. Casual crypto guy too. Had around 2% of net worth in it. I believe in the tech though, and love its promise. I'll keep only a tiny part of my net worth in it as an asymmetric bet. I feel like when people lose faith is precisely when one should buy. Worst case scenario it...
  5. YanC

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Yes, may start DCAing in soon.
  6. YanC

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    BTC 19k, ETH triple digit, interesting weekend ahead !
  7. YanC

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    While I do agree with you to some extent, there are ways to mitigate this risk: Numbers should make sense in a long-term rental situation (ie: rent covers mortgage + expenses, don't overpay because you plan to do short term rental). Short term rental or not doesn't change the intrinsic value of...
  8. YanC

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    "Inflation is subsidizing worthless expenses with money that doesn't exist" - Jacques Rueff, French economist (20th century). This quote sums things up so well from the perspective of someone living in commie France. Not sure if it makes sense from the US and the rest of the world, but it...
  9. YanC

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Borrow in EUR against cash-flowing assets. Gold. Stocks of companies that make money worldwide and have nothing to do with the government. USD and CHF outside of the EU juridiction and only the bare minimum in EUR. I once had a position in Chinese bonds but sold a while ago as I couldn't get...
  10. YanC

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I've been thinking about opening a long position in silver for the past few weeks. It may have a nice run to catch up with the valuation of gold. How would you do it besides buying physical silver (I already own physical gold) ? I'm used to selling puts the MJ way, or rather buying calls ?
  11. YanC

    Share your big wins: business, life, fitness, anything.

    HOT! CHAT 
    So, this is not as impressive as what many here have accomplished, but it is still my biggest business achievement so far and I would like to share it with you guys. 4 years ago I started a short term rental business without prior knowledge in real estate or construction. I got up to 3 units...
  12. YanC

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I'm very curious how far they will hike rates (or pretend to), as normal rates would instantly bankrupt 80% of european countries and the euro implode. Funny thing is, the euro will end up being worthless anyways if they don't hike rates too. I'm wondering what trick they will play next to keep...
  13. YanC

    Praise in public. Criticise in private.

    Hum no, what I meant is if the job is particularly well done, I'll tell him directly that HE did a great job (praise specifically), but if he made a mistake, rather than telling him directly that HE made a mistake, I'll try to tell him more indirectly what wasn't right, in this example stating...
  14. YanC

    Praise in public. Criticise in private.

    There is a similar line I like and try to apply, apparently it's from Naval: "Praise specifically, criticize generally". Example with my contractor who cleans my short term rentals: - "You did a great job today, the customers were very happy with how clean the place was, thanks" - "Apparently...
  15. YanC

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I guess the million dollar question is wether the Fed will back off and go BRRRRRRRR again or not. My thesis is that they will, like they did at the end of 2018 when the S&P lost 25% after they hiked rates. Having a recession on their hands is politically unacceptable. Maybe by the end of the...
  16. YanC

    Postponing fastlane dreams... need to work on my social anxiety first.

    IDEA 
    Maybe going after your fastlane dreams is precisely the way to get over your introverted self, instead of waiting for things to sort themselves out beforehand. That's what happened to me at least. I'm very much an introvert myself. I used to spend an hour repeating and repeating my speech again...
  17. YanC

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Unfortunately, the market seems to be telling a different joke: "Our sanctions will cause the collapse of the Russian economy", well...
  18. YanC

    Fed Up With Your Country? Where Is Left to Go?

    HOT! 
    I have only known two places that would qualify: Iceland and Japan. It really feels like you don't need to be careful at all, that nothing can happen to you and it's very pleasant when traveling.
  19. YanC

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I keep learning the tech and its fundamentals. May even get a job in the field as an opportunity came to me. Still pondering things but it sounds super interesting, it's fully remote, autonomous, yada yada. Being paid to learn for a couple years and identify opportunities sounds good to me...
  20. YanC

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    New Zealand found how to deal with inflation... Let's go BRRRRR again baby !
Back
Top Bottom