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.
Jump in the discussion.
No email address required.
Notes -
Not an investment at all. It's just for fun + testing my instincts. It adds some spice to the games I watch. Sometimes you just 'know', if you've watched the team(s) many times. It has some transfer value to stock picking. There are never any 100% things there either, but the edge in either field consists of identifying when there's a higher chance of A happening than B. And trusting yourself enough to follow that signal by placing enough money on it. In sports betting you can use an implied odds calculator to see whether the probability implied by the odds is higher or lower than the probability you think you've identified. Positive expected value = green light.
More options
Context Copy link