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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Depending where you look Doge is somewhere between $.23 and .26!

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They have no fucking clue. RH's servers are down. Tradingview is way, way, way, way, way, way, way behind. Nobody knows what the price is. Too much volume

I decided I'm sick of watching this shit playout. Dumped $200 into RH and waiting for my application to come through. Figure I'm ok letting $200 walk out the door. Use the real money accounts to do the real stuff, RH for fun.
 
I never use Robin Hood...I don't trust them. I bought through a digital wallet that nerds seemed to like more.

My buddy checks the price through coinbase and while they don't trade it they seem to be the most on top of it. They are usually updated before my wallet is.

Best bet right now is $.26 but at one point he said coinbase showed $.28.

edit: He just texted it hit $.30!

Double edit: $.33 :^)
 
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Yeah I also use Coinbase so I don’t buy anything they don’t trade sadly
 
dxmnkd316 said:
I screwed up last year when selling stock. I had a couple lots that were hopelessly underwater and sold them off to help pay for the wedding. I figured I'd be able to write off those losses. Not knowing I was a moron, my brokerage let me know after the fact (since I bought more of my company's stock in my ESPP that next month). So I started reading up on the rules and I'm still not sure I fully understand them. I think I'm going to come out ok in the long run since, as I understand it, the loss is just added to the basis of the other lots. If I hold those long enough for them to be qualified, the increase in basis will offset some or all of the unusable losses for 2020. So, in the long run, it's.... about a wash.

I think.
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In the long run we are all dead
 
I heard Mark Cuban on CNBC a few weeks back talk about Doge Coin and how he was showing his kids how to buy it and invest in it.... and I thought "well sh**, I should try it..."

... and I never did because I didn't know how to get started on investing in it. And now I feel like I missed the boat on it. : (
 
Here's the thing. It's not about smart money anymore.

it's about finding the dumbest fucking segment of the money world and figuring out if they are willing to be stupid enough to make it to a meme. Then you have to wait for musk or Cuban to tweet about it.
 
A CEO who cut his own salary to give all of his employees a minimum wage of at least $70,000 per year says his company's revenue has tripled since he made the move.
"6 years ago today I raised my company's min wage to $70k. Fox News called me a socialist whose employees would be on bread lines," Dan Price, the CEO of Seattle-based credit card processing company Gravity Payments, tweeted Tuesday. "Since then our revenue tripled, we're a Harvard Business School case study & our employees had a 10x boom in homes bought."
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https://thehill.com/news-by-subject...e-all-employees-70k-minimum-wage-says-6-years

Reagan was an idiot.
 
I mean, great story but an anecdote at best. Doesn't prove anything other than small companies that make the news sometimes get more sales. Sometimes a lot more. Hard to tie them together.
 
dxmnkd316 said:
I mean, great story but an anecdote at best. Doesn't prove anything other than small companies that make the news sometimes get more sales. Sometimes a lot more. Hard to tie them together.
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Sure. I get that. I also get that I was told over and over and over again that the last set of tax cuts would pay for themselves and give us the greatest economy the Earth has ever seen. Neither of them happened. Having lived in the trickle down world my entire life and having seen the result coming into the end years of my working career I can clearly state that there has not been another government policy that has effected my life overall more than this one. Maybe I'm an outlier. Maybe I am unique. But I seriously doubt it. In fact it struck home more this year than in any other year.
 
ScoobyDoo said:
Sure. I get that. I also get that I was told over and over and over again that the last set of tax cuts would pay for themselves and give us the greatest economy the Earth has ever seen. Neither of them happened. Having lived in the trickle down world my entire life and having seen the result coming into the end years of my working career I can clearly state that there has not been another government policy that has effected my life overall more than this one. Maybe I'm an outlier. Maybe I am unique. But I seriously doubt it. In fact it struck home more this year than in any other year.
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Well yeah, trickle down was a complete fraud but that doesn't change the fact that increasing the wages of everyone at your company isn't necessarily tied to an increase in sales. If McDonalds gave everyone at the company $35/hr, you think they would grow in sales? I doubt it. $15? I think it might. But there are impactful changes you can make that are benevolent in nature and will increase sales.

That said, we should be striving to increase lower wages. But all of that will be meaningless if we don't effectively cap income through taxes.
 
dxmnkd316 said:
Well yeah, trickle down was a complete fraud but that doesn't change the fact that increasing the wages of everyone at your company isn't necessarily tied to an increase in sales. If McDonalds gave everyone at the company $35/hr, you think they would grow in sales? I doubt it. $15? I think it might. But there are impactful changes you can make that are benevolent in nature and will increase sales.

That said, we should be striving to increase lower wages. But all of that will be meaningless if we don't effectively cap income through taxes.
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I'm not asking McDonald's to raise their floor to 70 thousand. Those are starter jobs. We should have a decent min wage in the country though. It hasn't been raised forever and it is way low compared to what it was in the 60's for example. But, when you are in a career job these corporations can pay more than they are right now that's for sure.
 
Robin Hood is "having issues with crypto trading". Either they are running some game (like with Gamestop) or they are just an incompetent company that has no business being in the racket in the first place. Why people trust them I will never know they are the Parler of trading aapps.

(in their incompetence not values ;^) )
 
ScoobyDoo said:
I'm not asking McDonald's to raise their floor to 70 thousand. Those are starter jobs. We should have a decent min wage in the country though. It hasn't been raised forever and it is way low compared to what it was in the 60's for example. But, when you are in a career job these corporations can pay more than they are right now that's for sure.
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Math is hard...and people are too dumb to research how the "higher wages means less jobs" literally is proven wrong every time wages go up.
 
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