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A list of things that break people’s brains: 🧵
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Day in the Life of a Financial Advisor
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Day in the Life of a Financial Advisor
@CowabungaLLC
Here’s a personal journal of what I hear from clients as a Financial Advisor working out of a bank branch. Enjoy.
Florida, USA शामिल हुए Ekim 2021
242 फ़ॉलोइंग389 फ़ॉलोवर्स
Here are your options:
1. Day trade and lose money (90% chance)
2. Day trade, make money, but underperform indexes (9% chance)
3. Day trade, make money, outperform the indexes (1% chance)
4. Buy the SPY long term and find a better hobby
Amas@AmasPFT
"90% of traders lose money" And 99% of people who pick up a basketball never make it to the NBA Does that make basketball a scam too?
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@Markus7Red @Liam_Holman99 Doesn’t matter. One person making 750k pays more in taxes in a year than many will pay in a lifetime. Government services rely on these people
But go ahead and tell me how many make that in the UK. I need a laugh
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@CowabungaLLC @Liam_Holman99 How many people do you think make £750,000 a year?
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How are you going to pay for the basic income when the pay ratio causes a massive tax loss and then you can't do a wealth tax? Stupidity compounded on stupidity.
Jonathan Bartley@jon_bartley
10:1 pay ratio. Wealth tax. Basic income. We were saying this in 2017. The public’s there. Time for a Green government. bristolgreenparty.org.uk/greens-call-fo…
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@Markus7Red @Liam_Holman99 So you’d be ok with such a policy that would dramatically reduce tax revenues?
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@CowabungaLLC @Liam_Holman99 Okay well first of all, very few janitors actually work for the company they serve, they’re typically outsourced. Secondly, I guess you’ll have to just raise the janitors wages if you wanna keep a high salary. If you can’t/won’t, that’s just tough 🤷🏼
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@Markus7Red @Liam_Holman99 Let’s say you’re a successful salesperson for your firm. You make £750k/y. Meanwhile, the janitor makes £35k. Over night, your pay would go from 750k to 350k. What happens to your tax bill at the end of the year?
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@Liam_Holman99 Why do you assume the pay ratio would cause a tax loss? I’d be willing to bet most CEO’s would prefer raising their employees wages than personally taking a pay cut (which is the point of the policy).
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@AshRouth @Liam_Holman99 Math isn’t your strong suit, huh?
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@Liam_Holman99 Ah yes, because wealth only comes from wages (certainly not capital gains), and income is the only tax that exists.
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There are plenty more of these. Don’t be like this guy. Stop trading. Start investing.
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Market ripped +12% from the date of this tweet through the end of the year
Beardo@BeardoTrader
TOP SIGNAL (Literally) $NVDA The top is in, $SPY & $QQQ about to crash.
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Let’s look at all of this trader’s misses, shall we?
Beardo@BeardoTrader
The dot-com bubble overlayed on today's $SPY chart.
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Markets have never seen a needle top.
Cassandra Unchained@michaeljburry
Shorts are not forever.
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@Dubsn4 @Frankbutler007 @ScottishCommie Here’s a list from 1976 to 2003. It’s not exactly extensive. Age of the youngest person executed was Steve Roach at 23. en.wikipedia.org/wiki/Capital_p…
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Yanks always think they have some kind of moral authority to judge other countries. They'll get on here and cry about the treatment of women in Iran meanwhile they have fucking concentration camps that they dont care about/do anything about
Meet the Press@MeetThePress
As immigrant deaths in custody grow, ICE reduces what details are made public nbcnews.com/politics/immig…
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@Dubsn4 @Frankbutler007 @ScottishCommie Just note the last person executed in the US for a crime committed as a juvenile was Scott Hain in 2003. As a 17 years old, he murdered 2 people. He was executed for the crime 15 years later at 32 years old
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@redelitist Just find it so funny that Madison County, Mississippi does better than 99% of UK communities. Including the some of the most affluent areas in the entire country
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@CowabungaLLC I literally just cited the same source (the ONS) to you, you deeply unserious person.
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I don’t believe that the real discussion should be about the average Brit vs the average American (American wins by a wide margin)
The real discussion should be about the Top 10% earners in each country
Top 10% income in US = ~$250k+
Top 10% income in UK =~£70k+ ($90k+ USD)
𝐬 🇬🇧⸆⸉@redelitist
There is broad consensus that GDP per capita, whilst a decent measure of average income, is a poor indicator of day-to-day living standards and quality of life. This is not copium, it is just economic literacy. Which obviously is alien to the MAGA cult.
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@redelitist Your “affluent British community” brings in less than:
Rankin, Madison, Warren, Lamar, Pearl River, Hancock, Harrison, Jackson, Stone, Webster, Itawamba, Lee, Union, Lafayette, Tate, and Desoto counties
Holy poverty
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@redelitist Median weekly earnings for those living in East Riding of Yorkshire is <£700 ons.gov.uk/employmentandl…
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