Lex DeVille
Sweeping Shadows From Dreams
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Free registration at the forum removes this block.Curious why you’d hate to admit it? Is it because it came from Gary V, or some other reason?I just heard a podcast episode from Gary Vaynerchuk, and he defined being successful in business as "Giving someone what they want" . I hate to admit this but it's kinda true. Would love to listen what @Andy Black @Fox @MJ DeMarco have to say about this.
Any fx traders here that can give some input on their bets on USD short term?
Specifically USD/CAD. Was at 1.20 a few weeks ago. Wen't all the way up to 1.245. Dropped back down to 1.225. Back at 1.2325 now.
I have a decent holding in USD. I'm in Canada and I really don't want to convert right now as I get an extra $60k if it reaches 1.26 again as it was a few months ago. But at the same time, it would suck if USD crashes again.
The 12-acre, open-pit mine closed in 1948 and soon filled with water. With a depth of more than 200 feet and visibility of 50 feet or more, the mine became a popular spot for divers.
The Muellers spent 30 years turning the flooded mine into Captain John’s Sports and Scuba, a recreation park and full-service scuba dive shop at the site that became known as “Big Blue” and “Blue Hole.”
But now, under the direction of the Environmental Protection Agency, contractors will soon begin filling in the pit with mine waste.
Doolan said in 2012 that he didn't think they'd have any trouble filling the pit, estimating then that it would hold 4 million cubic yards of mine waste...
But after years of dumping mine waste into it — 2.5 million cubic yards so far, Doolan said — the mine pit shows no sign of filling...
More mine waste, he said, "is not going to make a difference.”
What happens to property after the EPA is finished with it, Doolan said, will be up to John and Regina Mueller, who own land on which the Oronogo Circle is located.
“I’m 70 years old,” he said. “I’m not planning on doing anything with it.”
Mueller said that in order to reopen his business he would have to try to contact former customers who likely have found other dive spots to use and try to convince them to return to Oronogo.
“It would be like starting a brand-new business,” he said.
Mueller also said that while he and his wife did receive a financial settlement for the loss of their business, they feel they weren’t completely compensated for true value of the company.
They took out a 36-year business,” he added.
Hate to admit it because he's a self proclaimed GURU of sorts, and most people know better to steer clear of his advice. But sometimes he does give some golden nuggets of wisdom.Curious why you’d hate to admit it? Is it because it came from Gary V, or some other reason?
Zig Ziglar said something similar:
“You can have everything in life you want, if you will just help other people get what they want.”
I think he’s legit. Sure, he’s loud, but he’s an operator too. He’s built up an agency of over 600 employees.Hate to admit it because he's a self proclaimed GURU of sorts, and most people know better to steer clear of his advice. But sometimes he does give some golden nuggets of wisdom.
Yes. Think about owning a commercial building or apartment complex.So if hyper inflation hits, will it suddenly be super easy to get $1 million (worth much less than now) and pay off all of our fixed-rate debts?
That would be kind of hilarious actually.
This is crazy man. Do Malaysians just invest locally? Is that a thing?I'm rather saddened today.
Last week, the local stock market turned so many portfolios red that the owner of one of my Telegram discussion groups for Bursa stocks held a session to advise on damage-controls.
I decided to attend it although I had earlier thrown most of my capital into defensive counters.
On the Zoom call, I got to hear how Malaysian folks had been running their stock trading...and believe me, it was really shitty.
Some portfolios were 50% in the RED- not on one individual counter alone.
Few of them 70% down.
Allocations were out of whack...I mean, why spread yourself so thin with 12-15 counters?
How do you even keep an eye on that many stocks?
One of the folks threw money at four glove companies, and glove companies have been downtrend since COVID recovery efforts started.
Retailers have even formed a Telegram group to try to push glove stocks to fly like GameStop...but that didn't work well because the counters have millions of shares in circulation- no possibility of a short squeeze. Plus, the country caps short-selling to like around 3%.
Also kicked out a few folks with differing opinions, labelling them as 'smart-money spies'.
Presently, they started a Change.org petition to push for banning of short-selling in the country:
I dunno whether to laugh or cry.
Folks, just stop begging authorities and blaming IBs for stocks getting cut down!
Control what you can actually control- maybe you have to just cut-loss? Rotate funds out to better stocks? Or switch to overseas markets? You don't see the GME folks petitioning for bans on short-selling, do you?
I imagine how many new retailers entered stocks since 2020....and the 'tuition fee' must have killed my thousands of them.
Even worse, not a few of the folks have gone to local gurus to learn, paid bounties for the courses...and then got cut down again by smart-money.
More slaughtering!
Look, you don't have to pay shit for gurus! Get books and understand the chart cycle from folks like Wyckoff, Livermore, Rayner Teo or whatever. Spend that money on smaller learning trades...don't pay some f*cking doctor who just started teaching stocks after only 2 years on the market!
I've no idea how the folks will recoup their losses. But given that jobs and businesses are still under lockdowns, my guess is that most won't. Which is cruel...losing income to COVID shutdowns, and losing more money to the stock market amidst a bull run.
This is what happens when dumb money enters the markets.
It depends on how they go about the learning curve and starting capital.This is crazy man. Do Malaysians just invest locally? Is that a thing?
Most Americans have lots of global exposure. I have a bunch of stuff from Europe and Asia that has all done fine lately.
This is exactly the kind of thing that makes me want to load up on mortgages for cash flowing properties.Yes. Think about owning a commercial building or apartment complex.
These are mostly 80% LTV… And cash flow enough to pay their own loans.
So, with inflation, you’re raising rents like crazy every time someone renews and your debt gets easier and easier to pay off with the funny money. Servicing the loan becomes a joke.
Your building is also getting tremendously more valuable with the new income.
Now, I’ve seen these loans, and they don’t look like a 30 year fixed rate home loan. Sometimes they are fixed over 5 and require a refi.
You’d be refinancing at an enormous interest rate because it’s hard for a lender to make money with tons of inflation.
All of this said, I’ll probably buy an $85k indestructible luxury truck at 0% for 60 or whatever they offer for this very reason. Something that can, if need be, last for 20 years. The shortages will continue. They’ll be harder and harder to get.
Also considering more travel trailers. That investment has worked out well.
"This is shocking news.At the meeting, CDC scientists presented horrendous data. It showed that even without accounting for underreporting, a second dose of the Pfizer and Moderna vaccines could increase the risk of problems up to 200-fold in young men.
But the scientists then went on to suggest the vaccines should still be given – even to kids already suffering from heart problems…
…the CDC’s own data shows that for every 100,000 vaccines given to young people, more than 25,000 will have temporary side effects that prevent them from “normal activities,” 700 will require medical care and 200 will be hospitalized.
In contrast, the CDC estimates that only about 50 out of 100,000 adolescents have EVER been hospitalized for Covid-related illness.
Nothing makes more sense than requiring terminally ill children to get a vaccine they don’t need and that won’t matter since they are already dying.
Soon we wonyBlack Holes Are Now Racist...
Down a Black Hole
Physicists at MIT and SUNY Stony Brook recently announced findings that the total surface area of two black holes was maintained after the two entities merged. While this research was a welcome confirmation of both Stephen Hawking’s work and the theory of general relativity, it failed to address...www.city-journal.org
Black Holes Are Now Racist...
Down a Black Hole
Physicists at MIT and SUNY Stony Brook recently announced findings that the total surface area of two black holes was maintained after the two entities merged. While this research was a welcome confirmation of both Stephen Hawking’s work and the theory of general relativity, it failed to address...www.city-journal.org
Wonder if they'll do that for inmates on death row. Only fully vaxinated inmates will receive the the leathal injection.Nothing makes more sense than requiring terminally ill children to get a vaccine they don’t need and that won’t matter since they are already dying.
“Climate change.”First, it was the War on Communism
Then it was the War on Poverty
Next, it was the War on Drugs
Next, it was the War on Terrorism
And now, it is currently the War on Germs...
You see a cycle? They create a boogie man every 19 years to evoke hysteria in the public.
If this theory is correct, you will continue to see the media sway the masses into taking a vaccine/other-COVID-related-item until 2039 when they would announce all pandemics to be conquered and find a new boogie man to steal our focus.
some random person on youtube.
“Climate change.”
But bro they could be vectors of the disease!!!1!1!1! I read the science. Think about the children! You’re a moron anti mask anti vaccine Nazi literal fascist racist white supremacist xenophobic homophobic transphobic bigoted misogynist. I hope you get covid and die while eaten by an alligator while you fall out of a plane and get hit by a bus.Nothing makes more sense than requiring terminally ill children to get a vaccine they don’t need and that won’t matter since they are already dying.
Human vaccine trials should be run on death row inmates before they’re run on children.Soon we wony
Wonder if they'll do that for inmates on death row. Only fully vaxinated inmates will receive the the leathal injection.
I should have used ‘literal’ at least 4 more times for accuracy.But bro they could be vectors of the disease!!!1!1!1! I read the science. Think about the children! You’re a moron anti mask anti vaccine Nazi literal fascist racist white supremacist xenophobic homophobic transphobic bigoted misogynist. I hope you get covid and die while eaten by an alligator while you fall out of a plane and get hit by a bus.
On a real note, at this point I can’t even trust the word ‘science.’ If this is what science is, I don’t believe in science. I’m all set, thanks. I’ll stick to God and common sense.
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