Sweet

Interesting to see not many are sitting on cash. I’m about 40% cash which has a 4% yield, which I dislike, but the companies I like are just too expensive for me right now.

One for the traders.

With Putin nobody knows unfortunately. I hope Trump can end the thing, but I don’t think he will be able to.

Disagree, actually for the reasons you stated. Hard men like Putin only respect power. Too little too late I fear though.

It's quite amazing how little this is being reported on.

Not good news: https://www.bbc.co.uk/news/articles/cn0dpdx420lo

This made me laugh. Good list John, won’t be starting a bank anytime soon.

There are too many to mention but thanks to all that commented.

Thanks @Saluki I’m using two factor authentication so I have that layer of added protection. They have to either get a code sent to my phone or use an Authenticator app. @Blugoldsyes I think I’m probably going to change my email address and the accounts linked to it. Something long and new and only at my for my investing should reduce visibility. @Xerxes it’s my investing accounts, not my banking accounts. Even if they get into my email there would still be a few hurdles to pass before they got into my investing accounts. Yes @Ulti someone recommended me protonmail. I read that it is better for privacy but I’m not seeing it more secure from getting hacked. Do they have two-factor authentication etc?

Hi all. This is an important topic which I am sure some of you have grappled with so I'm hoping for some advice. I have an outlook email address and all my investing accounts are registered to it. My email must have been in a data leak because I can see from my recent activity that someone other than me is trying to access my outlook account - there have been numerous attempts in the past few days to break into my account but they have gotten the password wrong. I have two-factor authentication on, so even if they did get my password they cannot access my email without an authentication code. Does anyone have any recommendations on what I should do? Should I change email account? Is outlook the best email to link your account to or are there any more secure? More generally, is there anything you do to keep your investing accounts secure? Cheers

Anyone ever think about these? I think they are all types of funds that sell calls on the stocks within the indices or the indices themselves. I’ve looked at some other covered call ETFs but kept away because I just feel they are a blowup risk.

I find this a crazy take.

You could be correct Orthopa, I just think the history of this suggest that getting it released is unlikely give the history. I still think it is more likely the current share structure is wiped. I think we could see a half way where current holders could get something as part of a new ownership structure.

Lol, I’d be on clenbuterol tomorrow and would be walking at 5% in a couple of months

More Shitty bank

I hope you are right John. Europe has the ability to be a major player in defence. We let the Americans do too much for us and it has made us soft. Hope that is changing.

It wasn’t as bad as I thought it might be, I hope it is toughened further and I hope trump will back his threat up if negotiations fail. Fundamentally though, still think we Europeans need to do more.

Think this is it John, the details are slightly different from what I remembered though: https://www.reuters.com/world/us/trump-reviews-plan-halt-us-military-aid-ukraine-unless-it-negotiates-peace-with-2024-06-25/

There was an article several months ago, I think in reuters as well, that advisers to Trump would present to Putin a plan, and if Putin did not agree to it, the Trump admin would provide Ukraine with anything and everything it wants militarily.

This. Short of the treasury secretary being Paulson or Ackman, I think the chances of these preferred or common making out large is low. Plus we have a 15 year history on exactly this happening, Treasury doing what it wants, it going through the courts and the shareholders losing. The Treasury could just wipe the slate, issue new shares and send it to market taking all the money for themselves.

OMG - imagine lol

Not immediately relevant, but I loved this from Powell:

Lol who is being interviewed?

I know what I said. I disagree there is no longer an expectation of above-market returns - nobody can know that at this stage.

- yes obviously You might make some material gains, but you could also get a zero in any restructuring. This investment is riskier now than it was when this thread first opened. Nearly every bull option that could have provided relief for common and preferred shareholders was a bust. Different presidents and congress, different heads of FHFA and all the legal cases - nothing. Trusting government or the judges to help the common and preferred looks foolish. This will not be a priority for Trump and his admin. Relief for the common and preferred complicates the GSEs release, I think shareholders are more likely to get nothing. And what do you position size here then, 1-2%, are material gains on that 'material'? If you have a position already I would do what TwoCitiesCapital would do, but I would not initiate a position here. Last I checked (couple of years ago now) these were fantastic companies and even at fair price after release and a decent allocation you can make good money over the long run.