Stonks, Bonds and the Economy - Thread 2

I think that generally you don’t want to park money in a Roth IRA for short term investing because if you take the money back out in an emergency, that Roth IRA contribution room is gone forever. At least that’s how I understand it from a Canadian perspective because our version of a Roth IRA does not have this feature, here if you take $1 out then you get an additional $1 of room the following year.

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I could be wrong, but I believe you actually have until April 15 of next year to contribute to your Roth for 2022.

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Truly insane.

https://twitter.com/chrisbloomstran/status/1594886034948558848?s=46&t=HQEIppPbxrDODrr-9u9Piw

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Highly efficient markets!

Efficient market hypothesis <<<<<< $TSLA :rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket: hypothesis

we need to fire the current ceo of bitcoin and bring back satoshi

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On one hand, lol, obviously. But the guy they fired was handpicked by the guy they’re bringing back. Very few of these guys actually know anything, they’re just A+ office politics people.

Have seen some speculation Iger is going to dial back the nickel and dime parks nonsense but that’s going to be hard to do given it’s their only business making real money right now.

The common consensus amongst Disney fandom is that we are going “from worse to bad.” I think that’s probably about right. The current CEO was just fucking awful. At least Iger immediately came out publicly and strongly against Don’t Say Gay.

The current state of media is absurd. You have David Zaslav at Warner/HBO/whatever they’re called just incinerating money at an insane pace including not even releasing a $100 million movie the company already paid for, the obvious Disney shit show, Comcast/NBC/Universal being owned by lol Comcast, one of the worst run companies of all time, Paramount being owned by Sumner Redstones corpse, lol Fox being lol Fox, just an incredible assemblage of no talent ass clowns running massive companies.

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JFC Sumner Redstone just died 2 years ago. 97 years young. Imagine being his heirs growing old and dying while waiting for the fuck to die.

And Netflix discovering what it means to have to operate in a competitive environment.

All the while getting handjobs and well done steaks from a nurse he gave like 20% to. Oh to be the king of the mountain.

How do you fuck up running a company that owns Marvel and Star Wars? That’s like a license to print money for the next 20 years or so.

In other business genius news.

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Wrong thread.

But all the BIG DATA!

Wrong thread.

He was really fucking bad at his job.

The everything is going to zero line is pure stupidity.

Disney lost $4 billion on streaming LAST QUARTER.