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Cake day: September 24th, 2023

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  • When it is easy bull markets, I go heavy on growth stocks. When the market is bear, I go heavy on dividends. Right now though there is a high beta turmoil, so I have a mix of both. My IRA is also set up as more od a “leave this alone” investment. My etrade account has my “fuck around and find out” money. I mention this because it is hard to directly compare the two. So far my dividends have strongly out performed the growth stocks, but only in the last 3 months or so has the gap widened. I credit it to 2 specific ones that are getting me 30%-ish yields with stable prices. They are also new etf’s, so the hedge money is still strong before the stripping gets to its prices. I mentioned in a post lower that that my little under 30k is netting me 800/month. Honestly it is paying a higher yield than renting out my condo is getting me.


  • Little under 30k in higher risk dividend. Bring in about 800 a month.

    I have a mix of large cap, small cap growth stocks, then dividend high risk and low risk. Stock like this (I do not own PETS, I was just using it as an example) would be a high risk due to its price instability. But you mitigate that with stop loss orders.

    I have a vanguard/roth for my longs (large cap growths and stable dividends with DRIP) and then use etrade for the small cap or high risk ones. I like their tax documents and easy interface.

    People make arguments against dividend stocks, I simply call it a different strategy. Some years it beats out my growths, some years it is about on par. Depends on where I have it at the time and slightly more market dependant.

    I have recently gotten into ex-date chasing. While it has increased the returns, it is more work.



  • $10,000 at 4% gives you $400 interest in one year.

    Just about any decent dividend stock will outperform that. Look at PET for example. It is sitting at $3.65/share right now and offers a quarterly dividend of $0.30. That puts you at $1.20/share per year. 10k = 2739 shares = $3,286.80 dividend payout in one year.

    Banks are the worst place to put investments. Money in bank accounts are only supposed to be there if you need it liquid, like an emergency fund or your checking account.

    *PETS

    PETMED EXPRESS INC COM

    For all the nay sayers downvoting me as if it is impossible to find dividend stocks that outperform their precious SPY or high yield savings rates, here is a great list I found with shit loads. I count 60 different stocks that offer 10% yields or more. 100 in total all offering over 8% -double what some bullshit ‘high yield’ savings offers.

    https://www.tradingview.com/markets/stocks-usa/market-movers-high-dividend/





  • That is at a ‘state’ level, there are still smaller level communist places to live. Like where the word ‘Commune’ comes from and what communism was derived from and attempted to expand into. There are communes all over the world. US included. There is a famous one in London, lots of large ones in Spain. They are communities that exist in their own bubble of micro economics within their larger communities of normal living. You should look it up. They are interesting and normally very appealing.




  • Hot take here and I would love discussion- but this is a small reason why I am against a full UBI in cash, but want UBI in voucher form with only a small portion in cash. Vouchers limit potential inflation spill over from sectors and you can now control how much people are getting depending on factors to better and more fairly suit their situations. This is also why I am a huge fan of “food stamps” or food welfare programs. This is essentialy what they are doing already, just make it universal. Then we look at things like housing vouchers, another great program that we can now just scale up and make universal as well. Then you only need to give a smaller cash handout for incidental spending. You know people are going to have to spend money on housing and food, so make those the priorities for funding vouchers and you can put rules in place to minimize inflation within those industries. Then if you have people who are well of enough to not need the full voucher, let them convert the voucher over to cash at a penalty rate, say 2 to 1 for cash, or some progressive scale for remaining money. They don’t need the money as much, but you also don’t want them to be completely left out unfairly and have them resentful of the system. This could even expand into other industries or normal costs. Transportation, cable/internet, cell service, even some insurance (like car, rental, umbrella- assuming that if you are at a level of providing UBI, you are already providing universal health care). Now for each voucher you can make it needs and situation based and evaluate a fair amount for each person through an automated system depending on some quick metrics of their life. Each voucher system is also industry specific with its own oversight and regulations and inflation reductions built into it. I think it would be a better system and am open to others thoughts.


  • It isn’t just about the pumping. You can pump crude all day and still be broke. Look at several of the middle east smaller countries or even most south America pumpers. The refining is where the industry and money is really at. Cars don’t burn crude oil, it has to get refined. Plastics don’t come out of the ground, they have to get refined. Saudi Arabia is the world’s largest crude oil exporter and they still have to rely on others to refine.

    In fact, here is a direct quote from OEC-

    “In 2021, Saudi Arabia imported $7.43B in Refined Petroleum, becoming the 27th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Saudi Arabia. Saudi Arabia imports Refined Petroleum primarily from: India ($2.17B), Greece ($1.09B), Russia ($892M), United Arab Emirates ($835M), and Egypt ($689M).”



  • I remember a case like this that was on reddit. She posted some video explaining the whole thing and that she turned 18 in a few weeks and had no documents. No birth cert, no SSN, no DL, no official docs of any kind. She was leaving her crazy anti gov parents when she turned 18 but realized she had no way to do it for that reason. The easiest solution people had for her to start the ball on all that was for her to sue her parents for a paternity test and go from there with sworn statements and such.


  • Me and my brother both joined the army at slightly different times. We both did a tour in Afghanistan that overlapped and were just one province away from each other. I did a second tour over there and he got out.

    We both came from a VERY conservative family. It was after serving that we both became suuuuper liberal. It was like the wool being pulled out from out eyes when we joined the army and saw how much of a lie it all was. Oddly enough, this is a semi common story for conservative people joining the military.

    We grew up with our dad working in the military-industrial-complex and he would make fun of the liberals who called out the military for serving the MIC companies, and how it Iraq was a war for profit. Then we serve and see it first had with all the contractors, the needless equipment, the contracts for new tech that wasn’t needed, and all the other money sinks going into it. It was all a lie.

    We grew up being told how bad universal healthcare would be, but then had it in the military and saw how amazing it was.

    We were told that if people didn’t have a personal motivation through debt and loans to make them work harder, then people going through college would have no motivation to improve their lives. And yet here I am with the GI bill. (Granted, I still have 70k in student loans. The GI bill is kind of a lie in its self).

    Everything that was a conservative talking point was exposed as a lie after joining army.


  • They also cost as much as 3 samsungs. I am all for buy-it-for-life, but when I can buy a nice Samsung with bells and whistles, have a better wash, lower energy use, and more flexible options on how the clothing is being washed- then why would I not buy the Samsung? My Samsung washer was 800 and the dryer was 600. A speed queen starts at 2400 each. I could buy 3 washers and then 4 dryers for that. Plus I save money on the energy cost with my Samsung eco settings.

    I have a house filled with buy it for life where I can and where it makes sense. And when I bought the washer and dryers I looked into speedqueen. It didn’t make sense. And before people start saying things like “good luck replacing them in 3 years” they are already 5 years old. My 1400$ is 5 years in and doing just fine.they could break today and need to both be replaced, and I am still ahead. I think speed queen is one of the few BIFL brands that I disagree with.


  • Ethiopia DID have a coast. It was what is now known as the country of Eritrea. They were forced to be part of the country after WW2 in 1950, and ignored the wishes of the people to remain independent. Then by 1961 a war for independence started and lasted for 30 years. It ended with the Eritrean forces taking the Ethiopian capital and winning the war capture the flag style, but with guns.

    As far as Djibouti, they are probably the best example of American modern imperialism. The country enjoys a stable currency by using an American backed currency. In exchange the US has their Horn of Africa base there. Because the country is so small but the base has so many troops and the US pays to lease the land, the US military ends up making up a little bit over 10% of their entire GDP. This is the base that launches the anti-pirate operations for the region, not only providing security for Djibouti, but security for the entire HoA. Say what you want about the USA and their modern imperialism, but the only thing anyone in that region agrees with is that they love the US troops there and the mission they do.

    If Ethiopia wanted to take Djibouti, not only would that piss off literally every other country in the region, they would also have to go through the USA to take it. Good luck with that.