Reply
  • Tangout 🎨
    Feb 8, 2025
    ·
    1 reply
    Nort

    I wouldve guessed the reverse

    at 50 years old, near death, Im wilding out.

    Nah you have a familly to take care of it’s not about you then anymore.
    Right now you have a chance to make something for yourself, take it u know

  • Feb 8, 2025
    ·
    2 replies
    Nort

    what would make you sell a stock

    ask chatgpt about tax loss harvesting

  • Nort 💫
    Feb 8, 2025
    ·
    1 reply
    Tangout

    If the opportunity cost of keeping it is too high

    idk what opportunity cost is

  • Feb 8, 2025
    ·
    2 replies
    Nort

    I wouldve guessed the reverse

    at 50 years old, near death, Im wilding out.

    how much mcdonalds do u be eating that 50 is near death?

  • Nort 💫
    Feb 8, 2025
    ·
    1 reply
    Tangout

    Nah you have a familly to take care of it’s not about you then anymore.
    Right now you have a chance to make something for yourself, take it u know

    fair point

  • Feb 8, 2025
    ·
    1 reply
    Shy Spice

    how much mcdonalds do u be eating that 50 is near death?

    his metabolism is too fast. it's eating him

  • Feb 8, 2025
    Nort

    fair point

    yeah old ppl generally do fixed income, annuities (scams), life insurance (debatable), bonds, cash, less risky investments than stocks

  • Feb 8, 2025
    ·
    1 reply
    Shy Spice

    ask chatgpt about tax loss harvesting

    L farming

  • Nort 💫
    Feb 8, 2025
    ·
    2 replies
    Shy Spice

    ask chatgpt about tax loss harvesting

    this looks complicated for financial novice nort

  • Feb 8, 2025
    Nort

    this looks complicated for financial novice nort

    levels

  • Feb 8, 2025
    ·
    2 replies
    Nort

    this looks complicated for financial novice nort

    dw bout it it's for those who take Ls

  • Nort 💫
    Feb 8, 2025
    frenchpress

    his metabolism is too fast. it's eating him

  • Feb 8, 2025
    ·
    1 reply
    frenchpress

    L farming

    i net zero cuz of the doge incident from years past

  • Nort 💫
    Feb 8, 2025
    ·
    1 reply
    frenchpress

    dw bout it it's for those who take Ls

    not quite known to take those!

  • Feb 8, 2025
    Shy Spice

    i net zero cuz of the doge incident from years past

    same for me and gme

  • Tangout 🎨
    Feb 8, 2025
    ·
    1 reply
    Nort

    idk what opportunity cost is

    Ok if you have 100 dollars, that does nothing (techincally it goes down with inflation but lets pretend its stable) but if you invested it you could have made 300 total. Your opportunity cost is 200 dollars.

    If you invest in one thing and made 100 dollars, but another thing made 1000, the opportunity cost of not making that decision is 900$.

    Opportunity cost applies to time management, investing in skills, time with familly etc too, not just money.

  • Feb 8, 2025
    frenchpress

    dw bout it it's for those who take Ls

    tax loss harvesting isnt necessarily a L

    the market is volatile and it can be taken advantage of

    saving thousands or milions billions trillions on taxes is a W

  • rvi 🐦‍⬛
    Feb 8, 2025
    Shy Spice

    how much mcdonalds do u be eating that 50 is near death?

    i think tall people die faster

  • Feb 8, 2025
    ·
    1 reply

    i didnt panic sell but i should've

  • Feb 8, 2025
    frenchpress

    i didnt panic sell but i should've

    my inverse of that is "dont get cocky"

  • Feb 8, 2025
    ·
    1 reply
    Nort

    not quite known to take those!

    u also havent tried

  • Nort 💫
    Feb 8, 2025
    ·
    2 replies
    Tangout

    Ok if you have 100 dollars, that does nothing (techincally it goes down with inflation but lets pretend its stable) but if you invested it you could have made 300 total. Your opportunity cost is 200 dollars.

    If you invest in one thing and made 100 dollars, but another thing made 1000, the opportunity cost of not making that decision is 900$.

    Opportunity cost applies to time management, investing in skills, time with familly etc too, not just money.

    Ohh, I see.

  • Tangout 🎨
    Feb 8, 2025

    Understanding opportunity cost and applying it to time management is one of the most important skills a human can develop. It changed my life.

  • Nort 💫
    Feb 8, 2025
    Shy Spice

    u also havent tried

    Wolf Blood

  • Tangout 🎨
    Feb 8, 2025
    ·
    1 reply
    Nort

    Ohh, I see.

    Everything you do has a cost! You cant look at literal losses as just losses, every missed opportunity is a lose, in all of life.