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Cake day: September 6th, 2025

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  • I dont know there, US cemented itself as center of world trade/finance specifically so it could have as kuch reach as possible.

    got to talk to an actual financial advisor for that kind question, a proper one who is legally obligated to work in your best interesr.

    but, my first guess would be to look at what orher countries/big foreign interests are doing. ones selling off all their US bonds and whatnot, clearly trying to get out from under USA’s schizophrenic thumb. but i’m still very new to this whole thing


  • IronBird@lemmy.worldtomemes@lemmy.worldThe Ouroboros
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    3 days ago

    lol, depending on when you moved it to gold then your probably up a bunch now.

    really, at the end of the day you jusy gotta do what you believe is the best move. that’s the only way you’ll be comfortable enough to not panic sell

    personally, if i had a half a million mestegg right now and wanted to keep it safe…gold probably is one of the safer places to stash it. just make sure you have enough cash lying around to be able to pay whatever bills/debts you have during an extended economic downturn. as when that does come…gold will also plummet eventually, but it normally recovers faster because so many people/governments around the world buy so much of it.

    the main thing is to not trade/move your money emotionally, dont panic sell or buy cause of a fear of missing out. these greedy assholes want you to do that, thats the whole reason they fuck with shit like this. it’s a sick game to these people. you got to have rules, a plan for scenarios like this one (don’t have everything in US companies, for example), and most importantly have the discpline stick to them.


  • IronBird@lemmy.worldtomemes@lemmy.worldThe Ouroboros
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    3 days ago

    unless whatever “gold” you bought into actually delivered you physical gold or pays out a dividend…it’s probably being played the same as everything else, thats the whole point of a bubble.

    bonds are a whole other beast, as bonds whole point is to act as a safe secure longterm investment…when the wolves run the show…their whole goal is making everything unsafe. they’re trying to “shake people out”

    hence, mass devaluation of USD, ontop of out of control inflation (being hidden in crypto), and undermining any and all sources reliability like say…replacing heads of various “independent” federal agencies meant to report on the economy (and mass firings in those orgs). and of course…that ol’ sovereign debt crisis that pops up every 3-6 months.

    if your goal is keeping your nestegg safe, nothing connected to the US economy/USD is safe until the wolves are gone. but overall…you can just follow buffets advice, put your $ in stuff you know and don’t mind holding a long time.

    if you already sold your stocks…i’d look over everything you sold and see where it stands now, buying back might still a good deal. hell maybe it dropped since and you get a discount, who knows.

    they’re playing a dangerous game…if they (the people behind trump) forget rule 1, they arent the oldest players and that means they definitely don’t have the lowest cost basis. they fuck over or steal from the wrong people too many times and eventually they will get wiped out themselves (though forcing institutions to start offering and by extension buying crytpo, because they have hedge…smart move…)


  • IronBird@lemmy.worldtomemes@lemmy.worldThe Ouroboros
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    4 days ago

    to keep is simple, as I don’t know just how much you know (and I’m still very new myself tbh)

    it’s all purposefully complicated with obscure rules and exceptions, all specifically meant to trip up new “players”, breaking some in the wrong way can land you in prison, while a slight variation might be perfectly fine.

    what helped me the most is understanding just how truly rigged the whole thing is, and what helped the most there was a book called Reminiscences of a Stock Operator, everything in it applies frighteningly well to modern day markets even though it was written over 100 years ago.

    the biggest most important lesson is…look at everything like a scam designed specifically to extract as much $ from you as possible (which, is especially in low overall-trading volume levels like now, is 100% true. that’s fundamentally what bubbles are, people deliberately running the price of stocks up). it’s a zero-sum game, in order for you to gain someone else has to lose.

    whether that’s bonds, stocks, futures, whatever.

    but…there are 2 very fundamental rules that always reassert themselves eventually.

    1. the true value of the underlying security, and if a company doesnt pay out a dividend…that means it’s stock is functionally worthless

    2. the line MUST go up/down eventually

    the more of a disconnect between those 2 things there is, the more someone who knows 1 can take advantage of someone who only thinks in terms 2.

    and the best way to do that (for plebs atleast) is…exercising stock-options. the US market, contrary to…literally every other market on earth, has this little rule that allows you to exercise options early.

    so for example, say someone sells you a put option on SPY 3 years out, strike…780. right now that’d cost about 12,500/contract to buy. if you bought that and SPY dropped under 655 anytime in the next 3 years…you could exercise it immediately for a profit.

    right now spy is 658…a 3 point drop between now and 3 years out…that’s practically guaranteed. free $.

    but when someone executes those contracts on you, if you don’t have the underlying, 1 of 2 things happens…you start paying your broker interest to borrow the underlying (at an ever increasing rate) or they forcibly close your position, which if your over-leveraged enough means…you get liquidated.

    the issue is though, in a bubble, when everything is overvalued…how to do you safely play the casino without owning the underlying?


  • i’m doing my part to accelerate this collapse, by taking whatever liquidity i can out of the system for myself. have extracted my yearly salary in just the last 2 month alone, just by buying calls and puts (practically zero risk, i don’t dare short stuff when everything is so massively overpriced)

    soonwe i am 100% financially independent the sooner i can dedicate 100% of my time to undermining this abomination we have created in the states

    my plan is to spam the overloving shit out of affordable, high quality, high density housing anywhere and everywhere i can (forcefully urbanizing this country, and undermining all rent-seeking parasites)









  • i don’t fault you for feeling this way, there are a lot of people feeling the same right now. like all of the establishment-politicians here in the US.

    fhey think MAGA will die with Trump, and Trump’s days are numbered, i’ll be surprised myself if he makes it to the end of the year. they’re banking on a “return to normalcy” where they can go back to ratfucking the country in peace with their brothers across the chamber…

    …this…won’t happen, imo. MAGA is here to stay, and a lot of people are in for a rude awakening when things don’t “return to normal”. after trump dies, slowly but surely people are gonna look around and wonder wtf happened to their county/state/country…

    the big what-if here is how establishment-dems act (where they don’t just continue to lose elections), do they give even the pretense of caring about this country and bend the knee to facism all in the name of that all-mighty dollar (then, the far-right leopards start eating evermore faces), or do they make way for the progressives who just want the 1% to pay their fair share in taxes…