rkbabang

Why a non-revocable trust with huge setup fees and ongoing yearly fees? As stahleyp says above, If your assets are under $10M or so, wouldn't just a regular revocable trust with yourself and your wife as trustees be sufficient? I set one of these up for about $3K in one time legal fees the transferred ownership of both my homes and all of my brokerage & savings accounts into the trust's name. I left my checking account in our personal names because there is never more than a few $K over what we need to pay this month's bills in there anyway. I don't know if things are more complicated depending on which state you live in though. I live in NH with no state income, capital gains, or inheritance taxes to worry about.

I for one support our AI overlords. See you at the beach. https://twitter.com/GhostofWhitman/status/1679713330036875264?s=20

When you see large tech companies trading at multiples of 500-1500 let me know. Things are getting a little expensive, but it doesn't look like 2000 to me. If there is a crash I don't think we will see anything like major companies going down 80-95%. I know there are a handful of stocks with crazy valuations (TSLA), but nothing like 2000.

Yeah, that clarifies things. Maybe they should change what something is based on the race and/or sex of the buyer too.

I just noticed it's out of print on Amazon. I wonder if it was a limited print run? There's one on ebay. https://www.ebay.com/itm/295578626098 It's $55, but I paid $35 for mine on amazon back in May, so that isn't too outrageously priced, especially with free shipping. Hopefully they'll print more of these, I think it's an important book.

LOL, no! https://www.amazon.com/gp/product/B0BW358F37

No problem. I guess we're even. I read "The Network State" based on your recommendation and it was excellent. It didn't have the transformation effect on my thinking the way Softwar did, but it was an excellent analysis of the current situation in the world. I've recommended it to quite a few people since I've read it.

You really should read the book I mentioned before “Softwar” he goes deep into this type of thing from an evolutionary and primordial economics perspective. I was just telling @Dave86ch on Twitter (because he quotes from it a lot) that this book has changed my view of the world more than anything I’ve read in decades. And I average 80-100 books/year.

Mostly nailed it.

I sold all of my SPHR $30 Dec calls for 3.5X what I paid for them. I’m probably selling to early here, but I’ll take it. I just wish I had bought more than I did.

Doordash as well. It used to be that the only place that would deliver food to you in most towns was a pizza place or two. Now you have access to every restaurant in your area including nearby cities. I live outside of Manchester NH, yet can have doordash bring me food from most Manchester restaurants without me needing to drive into the city myself to get it.

LOL yes, yes it does Yeah. That’s like asking are 30-50 people still murdered in Chicago every weekend? Yes, every leftist run city in the nation is a shitshow.

yep. If you think about the trillions stolen from the American people by all levels of government + the money they create and spend. If giving the government money could solve these problems we’d be living in a Utopia. Just look at education spending. The spending line goes up almost exponentially over time. The number of administrators goes up with spending. Yet test scores either don’t move much at all or decline. Government is nothing but the gang of thieves people are afraid would take over if we had no government:

You mean the restaurants that aren't going to be able to offer wood-fired pizza anymore to save the planet?

I also have ubiquity equipment. Router, cloud key controller, switches, and 2 access points. I also ran thousands of feet of CAT 6 cables all over my house when I moved in 8 years ago. I’ve got a box of 4 Ethernet connections in each living room and my home office, plus 1 to each access point on the 2 ends of my house. I pretty much do this first thing whenever I buy a home, as well as redo the kitchen and all the baths.

I pay Apple for Apple One which comes with enough cloud storage to backup our iPhones. I have a QNAP NAS (TVS-1271U-RP-i3-8G) for all of our computers. 1 Mac, 1 Windows, and 1 Linux machine and also stores all of our pictures and home videos on a Plex server so they can be viewed on any TV in the house.

Can’t get rid of them, nor would you want to. For every no-brainer buy or sell any of us have ever made there needed to be someone on the other end doing something stupid.

The lunatics really are in charge of the asylum. https://nypost.com/2023/06/25/nyc-rules-crack-down-on-coal-wood-fired-pizzerias-must-cut-carbon-emissions-up-to-75/amp/ These people always sound exactly like a villain in an Ayn Rand novel. “This common-sense rule, developed with restaurant and environmental justice groups, requires a professional review of whether installing emission controls is feasible.”

Did you have to mention that today? Yes, there will be some accidents along the way and some people will be hurt. But progress requires that.

yes, but if this makes a move towards $30 or beyond later this year the premiums will be pricey as well. The sooner this happens the pricer the premiums. I’ve already made some money buying and selling long dated out of the money calls on MSGE. I’m hoping to sell these way before January.

I bought a few MSGE JAN $40 calls yesterday and today to add a little leverage to my position.

The next high will be a year or more after the next halving, so yes it will be a few years away. The 1st halving was in Nov 2012 and BTC hit its peak ($1200) 13 months later in Dec 2013. The 2nd halving was July 2016 and BTC hit its peak ($19K) 17 months later in Dec 2017. The 3rd halving was May 2020 and BTC hit its peak ($63K) 11 months later in April 2021, then dropped and hit another peak ($68K) in Nov 2021 18 months after the halving. The 4th halving will be around April or May 2024, look for the next peak sometime in 2025.

Now that they are at the point where if the sub is still intact they would be out of air, I hope it imploded on day 1 and they died almost instantly. Being stuck in that can for days, slowly using up all of the air, knowing you were going to die would be a horrific way to go.

Agree about the SEC. One correction. "The business of MONEY has and always will be deeply corrupt", The intersection of the business of money and government will always be deeply corrupt. I've never used coldcard, but if I were to try a hardware wallet that would probably be my choice.

No problem, I’ll be happy to admit you were correct if this isn’t approved in the next 12 months. I think they have declared the shitcoins securities to further legitimize Bitcoin and maybe ETH, after all does it make sense that other actively managed projects that began with premined coins distributed to a select few and used as a currency are securities, but ETH isn’t? They are already not being consistent. The SEC will give Blackrock what it wants and figure out a way to spin it to the masses.