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birb_cromble  5d ago (text post)   570 thread views

Weekly Finance Thread 2026-06-06

A weekly thread to discuss financial matters - from personal all the way up to global.

Ground Rules

  • Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
  • Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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I don't have much, but I have now only five figures of dogecoin (the coins, not their worth) that I've held for ten+ years due to retiring a PC.

I'm looking at investing some soon, since we should be hitting the low of the one-year crash before entering a four-year bull market. IANAFA, but my target for the low is between start of October and end of November, and that's enough to not really care if I hit the exact low and just consider the fall a good time to get bitcoin.

The drop below $60k had me wondering if this right now is the low.

I have no target allocation, because this is fun-money only, but the strategy is buy October 2026 and sell September 2029.

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A motte is a stone keep on a raised earthwork common in early medieval fortifications. More pertinently, it's an element in a rhetorical move called a "Motte-and-Bailey", originally identified by philosopher Nicholas Shackel. It describes the tendency in discourse for people to move from a controversial but high value claim to a defensible but less exciting one upon any resistance to the former. He likens this to the medieval fortification, where a desirable land (the bailey) is abandoned when in danger for the more easily defended motte. In Shackel's words, "The Motte represents the defensible but undesired propositions to which one retreats when hard pressed."

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