David Lewis | The Rogue Agent

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David Lewis | The Rogue Agent

David Lewis | The Rogue Agent

@TheRogueAgent

Life insurance agent & advisor | Alt-investor | Author | Owner @ Monegenix | Tweets ≠ financial advice

North Carolina, USA Katılım Kasım 2022
59 Takip Edilen283 Takipçiler
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
Insurance is a hedge against uncertainty. Basic term life insurance is a hedge against the uncertainty of death—*when* you are going to die. Whole life insurance is a hedge against the uncertainty of death *and also* a hedge against a multitude of *other* financial uncertainties—how much money you’ll be able to save in the future, access to credit, physical or cognitive disability in old age, etc. If you have no uncertainties in your life, or don’t value the conversion of uncertainty to certainty via insurance, then don’t buy it.
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
She’s right about male insecurity. Pretty basic. Low body count = low experience. Imagine intentionally seeking out a mechanic or doctor or lawyer with low experience. Reason why some men “prefer” low experience females is because they have low self-esteem and/or they are terrible in bed. They don’t want to have someone else tell them they are bad in bed because it hurts their ego. They don’t want to be compared to other men, especially men who are more sexually skilled than they are. These men also tend to view women as objects to be conquered, and they don’t want to conquer what someone else already has or if too many men have. They also tend to view women has breeding stock, and sex as “dirty” so they don’t want a woman who has had too much “filthy sex”. Very bizarre mindset, but also very prevalent. Of course, there’s also something to be said about not wanting a woman who sleeps around indiscriminately, since that means she places a low value on sex. She might have STDs. She might have emotional/self-esteem problems. Ideally, you find someone who is both experienced but also discriminates in who she’s experienced with
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Anti-Feminism Australia
Anti-Feminism Australia@AntiFeminismAU·
28yo German woman says she’s proud to have a high body count. She tries to justify it as being a good thing because it means she has more experience in sex. Are there any men here who actually agree with her and prefer a woman with a high body count?
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
Much easier (and safer) to do with participating whole life insurance, and has been done consistently for over 150-170 years this way. Eliminates margin call risk, and the APR on the loans are cheaper. Loan/credit spread is consistently low or zero. Equities carry the risk of margin call. Yes, it potentially *can* work, but the risks are theoretically substantial. Probability might be low for call risk if low vol investments are chosen, but *magnitude* of loss is potentially catastrophic if the probability hits. Loan/credit spreads are also potentially all over the place using equities
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BowTiedBull.eth - Read Pinned or NGMI
BowTiedBull.eth - Read Pinned or NGMI@BowTiedBull·
This is a good summary. Was going to write about box spreads but people starting talking about inheritance taxes lol! Again no one rich cares about inheritance tax.
The Horseman@0xHorseman

Additionally, when running buying, borrow, die: 1- No bills are due, ever. Borrowing against your portfolio does not show up on your credit, nor does it come with an expectation that you repay the value. The money is available instantly; you don’t need to have an appraisal or portfolio review etc. 2- Any dividends received reduce the amount borrowed. 3- If you run a box spread, you can get prime rates (eg 4.x%) and lock those rates for years, regardless of brokerage. 4- You can write off the interest; using a box you get 60/40 tax treatment (short term capital losses/long term cap losses); these losses can be carried forward in perpetuity and can also be used to offset gains in the future. 5- Since it’s a loan, you pay no taxes on the amount borrowed, regardless of state that you’re in. 6- Generally, it’s easier to run buy, borrow, die on brokerages that offer portfolio margin (eg IBKR, Schwab, Fidelity). Running portfolio margin gives you real time risk based limits on your account, so that you can go >= 5x leverage on a well diversified portfolio. Most brokerages offer portfolio margin after your account hits > $250,000. 7- When you’re gone, your estate ends up getting your portfolio in a stepped up basis, so whomever inherits the account can sell everything and pay zero taxes while zeroing the loan. 8- You can use the borrowed money for anything (eg a house, boat, more stocks or whatever you want). 9- Generally, I recommend that you keep your borrowing < 30%, so as to avoid a high risk situation where the market has a GFC level drawdown. Borrow less if your portfolio is more concentrated (single stock risk is a real thing, regardless of how awesome an asset/company you’re invested in)

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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
Much easier (and safer) to do with participating whole life insurance, and has been done consistently for over 150-170 years this way. Equities carry the risk of margin call. Yes, it potentially *can* work, but the risks are substantial
The Horseman@0xHorseman

Additionally, when running buying, borrow, die: 1- No bills are due, ever. Borrowing against your portfolio does not show up on your credit, nor does it come with an expectation that you repay the value. The money is available instantly; you don’t need to have an appraisal or portfolio review etc. 2- Any dividends received reduce the amount borrowed. 3- If you run a box spread, you can get prime rates (eg 4.x%) and lock those rates for years, regardless of brokerage. 4- You can write off the interest; using a box you get 60/40 tax treatment (short term capital losses/long term cap losses); these losses can be carried forward in perpetuity and can also be used to offset gains in the future. 5- Since it’s a loan, you pay no taxes on the amount borrowed, regardless of state that you’re in. 6- Generally, it’s easier to run buy, borrow, die on brokerages that offer portfolio margin (eg IBKR, Schwab, Fidelity). Running portfolio margin gives you real time risk based limits on your account, so that you can go >= 5x leverage on a well diversified portfolio. Most brokerages offer portfolio margin after your account hits > $250,000. 7- When you’re gone, your estate ends up getting your portfolio in a stepped up basis, so whomever inherits the account can sell everything and pay zero taxes while zeroing the loan. 8- You can use the borrowed money for anything (eg a house, boat, more stocks or whatever you want). 9- Generally, I recommend that you keep your borrowing < 30%, so as to avoid a high risk situation where the market has a GFC level drawdown. Borrow less if your portfolio is more concentrated (single stock risk is a real thing, regardless of how awesome an asset/company you’re invested in)

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David Lewis | The Rogue Agent retweetledi
Natalie F Danelishen
Natalie F Danelishen@Chesschick01·
I always think of this quote on memorial weekend.
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Chris Masterjohn
Chris Masterjohn@ChrisMasterjohn·
The umbrella makes sense for noontime heavy sun at the latitude to which you are adapted. Sunglasses are deeply questionable. At the equator, animals have fur and humans have dark skin, but they all traditionally or instinctually take shelter from the mid-day sun under rocks, trees, or in a dwelling. Notice, however, that in that situation you still are able to see because of the sun, not because of artificial lighting. So even sunglasses are questionable because they filter the light unnaturally, rather than simply reducing intensity like the shade does. Obtaining indirect sun to enable you to see while sheltering your face and eyes from the strongest of the direct sun with an umbrella, wide-brimmed hat, or by situating yourself in the shade or under an overhang, is the best way to get ancestral and natural protection. Outside of the equator, you have less sun but if you have light skin then you are more sensitive to it. So the same rules apply. Get 30-90 minutes of outdoor unprotected sun around sunrise and sunset, between 5 minutes and two hours of the same around noon depending on your skin color to get enough vitamin D, and spend the rest of the day outside of the direct sun but in a situation where the reason you can see is the sun and not because of artificial light. Some people say this is difficult. But in fact if you have a yard, patio, or porch, you can do a lot of your exercises outside and build an outside workstation if you work with a computer. The modern built environment works against you but if you own your own property you can fix this. Otherwise try to get 30 minutes of outdoor morning sunshine, use the DMinder app to determine the best amount of unprotected noontime sunshine, and try to work in an environment where the natural lighting is abundant.
Jack@Jackkk

Bryan Johnson reveals why he uses an umbrella even when it’s not raining and UV levels are low “90% of physical skin aging is from the sun, so this is a UV umbrella protecting me”

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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
Society will be cooked. Very few businesses grow at a consistent 4% rate for decades. There’s an asymptotic curve—early years (ideally) are huge but eventually level off. Then, inflation kills you slowly. Death from a bajillion cuts. Only solution is to destroy the inflators
BowTiedBull.eth - Read Pinned or NGMI@BowTiedBull

Inflation compounding is a huge mess. We had low inflation for decades. Call it ~15 years and ~2%. If inflation stabilizes at about 4%, the cost of everything will go up 48% in just 10 years.

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Plan C
Plan C@TheRealPlanC·
Bitcoin holding key support, not random. Very positive that Bitcoin bounced at $74,500. Support from April 2025, is $74,500 to $76,000.
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
Your wife is right. You are a retard. Life is not a spreadsheet. If you were really this good with analysis, you would send your kid to the school, and then figure out a way to gift your child $25,000 ( or $100,000 if you want to be generous ) and then teach the little tike how to trade equities so he gets both the education mom wants and $100m terminal value
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Ethan Brooks
Ethan Brooks@alt_w_v_g·
My wife mentioned a nice private school over dinner this week She said the campus was beautiful I asked what's the tuition She said we should look at it as an investment in him not a cost I made a note She said don't make a note I said I always make notes She said this isn't a deal I said everything is a deal She closed her eyes She said we'd discuss it Saturday I agreed Saturday 7:02am She came downstairs in her Saturday robe Coffee in hand I had my cargo shorts on The dining room had been cleared The projector was on The analyst was at the head of the table Quarter zip on, three iced coffees, a legal pad, and two laptops He had been there since 6:44am I texted him at 11:14pm Friday The text said dining room 6:45am bring the model He sent a thumbs up My wife stopped in the doorway She said what is this I said you said you wanted to discuss it She said this is not a discussion I did not respond She sat down anyway The analyst stood He said good morning ma'am She did not respond He sat back down A printed deck in front of each seat A fourth copy in case Slide 1 Tuition Schedule $38,500 per year Thirteen years $500,500 nominal Before escalators The school has raised tuition 4.2% per year for a decade With escalators $648,000 My wife said okay I said I'm not done Slide 2 Opportunity Cost Even before escalators $38,500 invested annually 10% nominal return S&P long-run average since 1928 By his eighteenth birthday $944,000 My wife said we can afford it I said I know that's not the slide Slide 3 Terminal Value at Age 65 $83 million She was quiet The analyst slid the sensitivity tables across the table 8% return $31 million 10% return $83 million 12% return $222 million She did not look She said this isn't about money I said it's always about money She said no it isn't I said then what is it about She did not answer She said you can't put a dollar value on his teachers his classmates his environment I said I can the analyst already did slide 6 He flipped to slide 6 She did not look She said the school is the best in the city I said best is a feeling She said it produces the best students I said the students were already the best before they got there She said our son deserves it I said our son deserves $83 million My son walked in He is five Dinosaur pajamas He looked at the projector He looked at the open deck on the table He looked at slide 3 He said are we modeling pre-tax or after-tax The analyst opened a new tab My wife looked at the ceiling He said what's the discount rate The analyst set down his pen She closed her eyes He said is this the same return assumption from the 529 conversation The analyst stopped typing He looked at me I did not say anything She stood up Sat back down He said dad can I help I said yes He pulled up a chair The analyst handed him a printout He started reading My wife watched him read She watched him for a long time She said his name He looked up She said do you like school He said the work is too easy and the kids don't ask questions She did not respond She looked at the ceiling She walked out of the room The analyst started packing up He said should I follow up Monday sir I said no follow up needed He'll be fine Sent from my iPhone
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Brian4new
Brian4new@GustBrian·
The adorable Miss Dugan gives a Grammer lesson. 🤭
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Comedy Hub
Comedy Hub@TheMemes3111·
THESE COMMENTS ABOUT A PORNSTAR’S SON ARE ACTUALLY INSANE 😭💀
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David Lewis | The Rogue Agent retweetledi
Hermes Lux
Hermes Lux@HermesLux·
No one should pay income or property or any other income-derived taxes. Only sales tax and tariffs are acceptable. No exceptions. Tax credits (reimbursements) only for parents with children <17.
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CoinGlass
CoinGlass@coinglass_com·
GM! #BTC Liquidation Heatmap (24 hour) High leverage liquidity. 🧐 🧲78.10k 🧲76.40k
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
What happens when inflation or just pure cost on personal expenses rises faster than returns. Or… you hit that inevitable drop in returns while drawing money in retirement? Answer: You get burned by FIRE
Financial Dystopia@financedystop

A 23-year-old couple is on track to retire within 15 years by following the FIRE playbook. They keep expenses extremely low and invest nearly all of their excess income into index funds every month. They’ve already invested $137,000.

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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
If I had to guess, they see it as a speculative or uninsurable risk due to inherent problems in calculating the probability of loss. Or… uncertain long tail risk that they have no idea how to price. How would you even file the claim on something like this? 🤷🏽‍♂️
Rusty ⚡️: Solar Powered ☀️@ze_rusty

Lloyd's of London excluded EMF health claims starting in 2010. Almost 10 years before 5G rolled out. The world's most sophisticated risk-pricing market decided EMF liability was uninsurable at any premium. The same telecom companies selling it carry no insurance for harm from it. When the people who price risk for a living refuse the policy, you have your answer

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David Lewis | The Rogue Agent retweetledi
Tara
Tara@EmbracingTara·
Chipotle burritos cost $17 because the market supports $17 burritos If everyone said, I'm not paying $17 for a burrito, fuck that, Chipotle burritos wouldn't cost $17. Chipotle burritos cost me $0.00. Do you know why? I choose not to purchase them. Is this clocking at all?
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
I mean tbf, milk has gotten really expensive haha. And, you can’t travel with it very easily. Rip has talked about going to McD’s and just buying a bunch of hamburgers and throwing away the buns. For that price, might as well keep those Carnivore Snax chips on hand. A pound of meat in a bag and you can literally take it with you anywhere
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Starting Strength
Starting Strength@SS_strength·
Heard y’all were arguing about meal prep vs DoorDash on here and just want to remind you that this man offered a very practical solution years ago
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A Midwestern Doctor
A Midwestern Doctor@MidwesternDoc·
A lot of people have reported this to me
Stochastic Farmer@SanfiElderberry

@clif_high I drink a tsp of dmso in a few oz of water 1st thing in the morning (daily), ticks and chiggers no longer find me attractive. I'll do this thru to August. Lots of other benefits to the dmso as well.

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CoinGlass
CoinGlass@coinglass_com·
GM! #BTC Liquidation Heatmap (24 hour) High leverage liquidity. 🧲78.8k 🧲78.3k 🧲77.2k 🧲76.3k
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David Lewis | The Rogue Agent
David Lewis | The Rogue Agent@TheRogueAgent·
What the hell kind of sandwich are you making for 99 cents?
dank@cptdankkk

Kevin O'Leary says most people waste $15,000 a year on stupid stuff like $5 coffees "Stop buying coffee for five dollars and fifty cents" "You go to work and you spend $15 bucks on a sandwich, what are you an idiot. It costs you 99 cents to make a sandwich at home and bring it with you" "Bring your own water, your own drink or your own coffee mug. You start to add that up every day it's a ton of money" "Most people starting on their job making their first $60,000 piss away about $15,000 a year"

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@ChrisMasterjohn @TheRealPlanC @burnsdominick84 @GustBrian @TheMemes3111 @KoutureMag @elonmusk @BarackObama