WiseMint

Investors rank 'maximize my returns' #4 of 15. Financial Advisors rank it #14 - next to last. (Journal of Financial Planning, July 2020)

The puppy was happily playing at daycare until he realized his family was there to take him home.

@interesting_aIl This is the world’s dumbest statistic. Why would you not expect this after 30 or 40 years of wealth accumulation?

Nearly 16% of Gen Z have more than 2 jobs, around 5 times more than boomers via: Cash App

@gfc4 Done. INTJ

@WiseMintApp forms.gle/ZfToaajuZkgUg1…

Traders of X, would you submit to a Myers-Briggs style personality test in the name of a trading study to benefit the masses/future generations? After the publication of the MW book, more and more people are asking me to help them figure out what type of trading is right for them - a daunting task in a world with so many choices. This is clearly a difficult problem but a potential solution would be to get traders to take a personality test and share their personality type alongside their trading style. Perhaps patterns would emerge in terms of certain personality types being a good fit for certain types of trading which would be used to help send newer traders (or any trader) on the optimal path. I'm not even sure trading results would matter so much as hearing which styles proved the right fit for certain personality types (participants would have to believe they had found the right approach for them). In order for a potential study to be effective, I would need hundreds of traders to participate. Thoughts?

Sometimes sports is about more than just the score. 🥺

@ChuckyJoe3 @SSundownsmith @texasrunnerDFW @EricSpracklen Interest rates and money supply are completely outside the grasp of the executive branch. Every politician wants cheap and easy money because that means they get reelected. That’s why both Republicans and Democrats continue to explode our debt.

@SSundownsmith @texasrunnerDFW @EricSpracklen Are you kidding? He’s fought Powell for years to lower them. If it were up to Trump, they’d be negative.

Price discovery is happening in the sunbelt And the “discovery” for sellers is the home is not worth what it could have sold for in 2023 Supply and demand and timing all matter in markets

@texasrunnerDFW @warezthebeefe I think the appeal was more comparative affordability than absolute affordability.

@warezthebeefe They are still desirable but a lot of the appeal was affordability and cheap housing So that’s a problem…

It’s just misdirected frustration. What older people actually are trying to tell you is that a lot of older people worked two jobs but we just didn’t blast it out all over the world as the Internet has allowed younger generations to do. Nobody likes to hear people whining all the time. Life was never easy for any generation.

“You just don’t work as hard as I did”

I have come full circle on this. My wife bought one and I was not enthusiastic about it. But we installed one of the better chargers in our vacation house along with a bunch of solar panels. Off the grid type stuff. Yeah it ran about five figures. But last month we got our first full month electric bill. It was literally 90% less than what we had been paying over the previous times. The only reason we paid at all was because the power went out for two days up here because we’re in the middle of nowhere. It drained the batteries so the battery had to recharge. So now we use our car, satellite and Internet, and house electricity basically for one upfront payment. But you cannot put a value on the peace of mind it brings. Off grid brings you a freedom that is hard to explain.

I was told buying an EV would cost less at the pump. Tesla $TSLA superchargers have increased from $0.50/kWh to now $0.70/kWh. Didn’t even do half the charge I normally would, and I’m already paying more. Am I missing something, or is this becoming a lot less compelling?

@CliffordAsness I would think this could be a violation of the SEC marketing rule.

More Michael Saylor antics. And by antics I mean intentionally misleading crap designed to fool the retail investor. In case that wasn’t clear. First, a 30 day Sharpe is an idiotic concept to start. Second, you calculate realized Sharpe based on excess return NOT YIELD. Because, you know, sometimes it’s negative. Third, if you do it (which you still shouldn’t do over 30 days) using returns (as you should over any period you choose) the sign is currently quite the opposite of the sign they present. Utterly shameful.

WiseMint.ai is the first service to bring retail investors institutional portfolio performance metrics on their own portfolio.

@fbmarius @WallStreetApes "Also, don't flex you "city councilman" title at me. That's just "I'm a Crook" advertising." Are you actually attempting to be fact-free in every single one of your posts? You go girl! Don't let the facts influence your opinion!

It comes from the tax payers, dude. That's not your money. That's tax payer money. That's our money, and if you're using our money to build things, don't then turn around and overcharge us to even connect to the things you built with OUR tax money! Also, don't flex you "city councilman" title at me. That's just "I'm a Crook" advertising.

We are not mad enough. This is a print out of all the fees just for a permit to build a 747 square foot 2 bed, 1 bath single family dwelling Impact Fees: - Sheriff Residential SMI Fee: $1,979.00 - Fire Department Impact: $1,979.00 - General Government: $2,174.00 - Library: $421.00 - Park: $1,033.00 - County Public Protection: $2,557.00 - Other Impact Fees (including Road/Country Road): $17.23 – $145.52 Building Permit and Plan Check Fees - Base Building Permit/Plan Check: $7.60 per sq ft (living area) - Automation/Software Fee (Automation Maintenance + Plan Check Software): $19,096.00 Supplemental / Trade Fees - Electrical Living Area Fee: $895.50 - Mechanical: $141.00 - Plumbing: $67.00 Development Review Fees - Environmental Health: $75.00 - Fire Safety: $52.00 - Planning: $99.00 Other Development Review (various): - $69.00, $75.00, etc. Total Fees: $30,803.22 This is JUST FEES, this includes no building Government is way too big. We are being robbed blind. This is a major factor of why housing is so expensive and why so many people don’t even bother building anymore Every state is different but this is outrageous

"It comes from the tax payers, dude." - Yes, local taxpayers fund the streets and infrastructure that new developments are built on - usually. They fund the streets that the new residents use to drive themselves around. Thanks for making my point so clearly. Are State/Fed taxes used - sometimes but not always. And who pays for school expansion? Not the future residents, the current residents do. That's why these are called 'impact fees'.

@RoKhanna Americans did not fight a Revolution to be ruled over by professional politicians.

@fbmarius @WallStreetApes Where do you think that money comes from "dude"? btw - two term city councilman here - but please, keep pontificating

@WiseMintApp @WallStreetApes No it doesn't dude. State and local funds are not "their own dime".

"The vast majority of local infrastructure isn't built on their own dime. It's typically built from state and local tax revenues." The second part of your sentence invalidates the first. Go to your city council and ask them how much of the budget is devoted to local infrastructure. Why should that not be a shared cost?

@WiseMintApp @WallStreetApes The vast majority of local infrastructure isn't built on their own dime. It's typically built from state and local tax revenues. Why are we contributing to that tax revenue if we then still have to pay fees to just gain access to that infrastructure our tax dollars built?

@SquawkCNBC @mansourtarek_ Prediction markets are a tax that hit the poor the hardest. They should be outlawed.

Kalshi CEO @mansourtarek_ explains how the prediction markets firm is attempting to take the overall temperature of U.S. politics and forecast changes in the balance of power in Washington. cnb.cx/4oLbPtX

Wow cool!

You arguing with the Cuban leader? "While Havana's position has been to blame its woes on a more-than-six-decade US trade embargo and the blockade, Diaz-Canel admitted there were "obstacles that don't come from outside, nor the blockade." He pointed to "slowness, bureaucracy and norms that impede those who want to produce" as well as "decisions that we have put off."" france24.com/en/live-news/2…

Subsistence in the form of one resource being injected into the economy, on top of enormous economic embargos instituted for decades for an island nation with few outside connections other than said types of subsistence is a different situation to a country at a major East/West crossroads with multilateral economic connections.

It's almost as if capitalism really does work

@VesperAegis @Noahpinion Iran sits on a ton of oil - every nation has it unique attributes and detriments. btw - refugees are not a net positive. If that were the case, Jordan would be wealthy beyond description.

Poland benefits from its proximity to Germany and influx of refugees from Ukraine and other Slavic states that are moving towards the West to seek work away from Russian influence. This is a pretty potent geographic combination, with Germany being the workhorse of the EU economy and jobs being created next door in services and manufacturing. Capitalism isn't a magical "I win" button. Just like the "miracles" of South Korea, Taiwan, and Singapore, there are usually external inputs that provide economic growth and infrastructural support.