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fareastwarriors

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Everything posted by fareastwarriors

  1. At least they look trained! Never have your finger on the trigger unless you're ready to shoot!
  2. nibbled on some Swedish Match and Imperial Brands
  3. If you believe in the future of the metaverse, Unity might be a major player.
  4. @kab60 @Spekulatius What are your opinions on British American Tobacco and Imperial Brands?
  5. I understand you should be rightly concerned on how this will affect you. But it's still not actual law. What's the point of trying to dissect it when it could literally all change by the time the bill becomes an actual law?
  6. Sorry, I didn't really address your post in my first reply. Personally, I wouldn't leave the scheme if you have decent passive options. Set it and forget it. I would hate to pay someone at 1% to manage my money.
  7. Scheme? Sounds like you're in UK or Europe. I used to work in the mutual fund world here in US. Currently at my old company all of their equity funds are currently underperforming their benchmarks for 3, 5, and 10 year periods but yet the company still manages over 100s of billions. Their charges are more reasonable at 50-60 bps but still the performance is bad over so many periods. The company employs many Harvard, Stanford, and UPenn MBAs and CFA holders but I'm sorry your numbers say you're not performing! If you're able to not panic sell and continue to dollar cost average in, your returns will be better than 98% of money managers out there. I get fired up talking about this topic!
  8. I recommend all my friends and family to low cost passive index funds/etfs route. Only a small, small % of people can actively beat the "market." They have other stuff to take care of, other hobbies, and other things on their mind than to find the next great investment. For those of people, passive is the way to go. For all my "efforts" everyday, I barely beat my lady's all passive 401k returns. Of course I enjoy the process and a few beeps over time become a lot of money. Sure. However that doesn't change the fact that she's just chilling and her returns are beating most professional money managers.
  9. added some CLPR this morning before the big pop. NYC is looking bright(er).
  10. Any major bookstore store? local/college library ? friend at an investment company?
  11. Full report: https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf . . . Stablecoins are a compelling payment option, but they need to be regulated, Biden administration report says The Biden administration announced that stablecoins, a type of digital asset pegged to traditional currencies, could transform the way Americans pay for everything from cell phones to haircuts. The President’s Working Group on Financial Markets found that, when regulated, stablecoins could “support faster, more efficient, and more inclusive payments options.” https://www.cnbc.com/2021/11/01/congress-should-regulate-stablecoins-biden-administration-report-says.html
  12. See: Refinance Mega Thread and see: Relationship mortgage discounts for moving a million assets
  13. Boomer Wealth Is Surging in Florida, Leaving Workers Behind The state’s combination of aging population and lack of affordable housing makes it the “canary in the coal mine” for the rest of the U.S. https://www.bloomberg.com/news/articles/2021-10-28/florida-baby-boomer-wealth-influx-risks-pricing-out-younger-locals?srnd=premium The median sale price of a home in Sarasota County hit $407,000 in September, up almost 28% from a year ago, numbers from the Realtor Association of Sarasota and Manatee show. More than one-third of households in the county are “cost-burdened,” meaning they spend more than 30% of income on housing, says Thaxton, who’s also a former county commissioner. Rents were up 20% over last year as of this summer, according to a report in the Sarasota Herald-Tribune.
  14. The Unconventional Franchise Model Behind Chick-fil-A’s Success Chick-fil-A has built its rapid growth on the popularity of its chicken sandwich. But its unconventional approach to business has helped make it the third biggest fast-food chain in the U.S. https://www.wsj.com/video/series/the-economics-of/the-unconventional-franchise-model-behind-chick-fil-as-success/18DD9C3D-5712-41BB-9F43-FB5F39301F92?mod=business_lead_pos5
  15. Manhattan Rents Rise for the First Time Since Covid’s Early Days https://www.bloomberg.com/news/articles/2021-10-14/manhattan-rents-rise-for-the-first-time-since-covid-s-early-days?srnd=premium
  16. I'm a bit confused. Only USD in your account is FDIC insured, not other securities/crypto right? https://www.gemini.com/legal/user-agreement#section-fdic-insurance
  17. Anyone Seen Tether’s Billions? A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade—and in the crosshairs of U.S. regulators and prosecutors. https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether?srnd=premium&sref=SCKvL4TY (open in private/incognito mode, if you don't have access)
  18. NYC’s Surging Real Estate Market Boosts Coffers With Tax Revenue City collected $468 million in first two months of fiscal year Sales of condos, houses have been surging as economy rebounds https://www.bloomberg.com/news/articles/2021-10-04/nyc-s-surging-real-estate-market-boosts-coffers-with-tax-revenue
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