Conversation

Notices

1. Embed this notice
   ???? (praxisofevil@poa.st)'s status on Saturday, 22-Mar-2025 12:40:36 JST ????

   Would this work? :shock:

   • Forest of Enchantment repeated this.
   • Embed this notice
     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Saturday, 22-Mar-2025 12:42:10 JST BowserNoodle ☦️

     in reply to
     @PraxisOfEvil >Arbitrage your food purchases to own the libs
     Would work until it doesn't. I'd do a call-write strat instead of buying an index ETF. They kick off huge yields and perform better under volatility, so you could theoretically pay your interest with dividends until you get a margin call on your pizza loans.
   • Embed this notice
     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Saturday, 22-Mar-2025 12:56:44 JST BowserNoodle ☦️

     in reply to
     @PraxisOfEvil It's half serious and half shitpost. Arbitrage is using money in one area for a better deal than another area. Example: You want to buy a motorcycle. You have $10k saved up and go to buy it with cash. They offer you 0% for 36 months, so you get a CD at the bank for 36 months paying 4%. You're getting 4%, maybe 3% after tax.
     Call-write strategies buy an investment inside of the investment (yo dog, I heard you like references to 20 year old TV shows so we put one inside of this post and there's a PS5 in the trunk) that sells a covered call (coupon with an expiration date for a right to buy 100 shares of a stonk at a set price) and they pay the money they receive for selling the ’call’ at the market price to the shareholder (you or whomever owns a share). XYLD or RYLD are both examples of this that regularly yield over 10%.
   • Embed this notice
     ???? (praxisofevil@poa.st)'s status on Saturday, 22-Mar-2025 12:56:45 JST ????

     in reply to

     • BowserNoodle ☦️

     @BowsacNoodle I don't know wtf any of that means, I'm destined to be a brokie for life

   • Embed this notice
     Floydian_Psychology :sonnenrad: :windmill_of_friendship: :sonnenrad: (floydian_psychology@poa.st)'s status on Saturday, 22-Mar-2025 13:00:34 JST Floydian_Psychology :sonnenrad: :windmill_of_friendship: :sonnenrad:

     in reply to
     @PraxisOfEvil capitalist neo liberal status quo defenders when you say the system should work and be able to provide basic necessities for people instead of offering schemes and loopholes