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I agree with you wholeheartedly that we need to make our federal government more efficient. The problem is we already have a $1 trillion budget deficit, and an enormous national debt. We need to reduce military spending and reform social security & healthcare just to get back to the baseline of...

Pros: 1. Many people in poverty try to keep their income low enough that they don't lose benefits. This leads to people staying in poverty their entire lives. A UBI would remove this dis-incentive to advance because it wouldn't disappear with increased income. 2. The federal government is...

I really like the advice you typically give of buying & holding QQQ or SPY long term, but I think this amount of leverage is unwise. Emotions destroy people when it comes to trading/investing. I doubt that most people would be able to hold through a significant drawdown after mortgaging their home.

I can't say I'm surprised. Trump's America First policy doesn't fit the globalist mold. Plus I have to assume that most people from other countries don't follow U.S. politics very closely, and their opinions are formed by the media coverage which is overwhelmingly negative towards Trump. I'm...

Not all orders are displayed. There could be a hidden order ahead of yours at $10.03 that you're filling. I don't see how a broker or market maker would benefit from filling your order at a better price. The main issue I would have is the delay in execution. A market order or marketable limit...

https://www.cnbc.com/2020/01/11/ira...wn-ukrainian-airliner-blames-human-error.html Iran admits to ‘unintentionally’ shooting down Ukrainian airliner, blames ‘human error’

Scenario 1: You win $200M in the lottery after taxes. You keep $20M for yourself, and donate $180M to charity. Scenario 2: You win $200M in the lottery after taxes. You keep a small amount for yourself, and invest the rest. You trend follow the market for an average annual return of 10-15%...

Nice call. Futures are bouncing back hard.

It's starting to sound like this was just a big fireworks display for show. Iran just wanted to save face by looking like they did something in response. The ball is in Trump's court now. Hopefully cooler heads will prevail.

I've always heard this, but we're now in the longest period ever between recessions, and it feels like everyone is looking for an excuse for us to have another one. Hopefully all this will deescalate and we'll never find out.

I don't see this turning into WW3, but a war with Iran and destabilization in the Middle East is a remote possibility. Could that create enough fear to push us into our next recession?

Trump is definitely an anomaly when it comes to the polls. He was only polling at 37% in the favorability polls going into the election. There are a lot more people openly supporting him now than when he won the election. He'll win a second term if the Democrats don't come up with a much better...

1. Hire a lawyer to minimize the tax hit. 2. Take care of the people I care about. 3. Invest a small amount in real estate to guarantee an income for life. 4. Become a billionaire by trend following the overall market. 5. Set up charities to fund with my tax burden. 6. Give away 99% of my...

From the Department of Defense: General Soleimani was actively developing plans to attack American diplomats and service members in Iraq and throughout the region. General Soleimani and his Quds Force were responsible for the deaths of hundreds of American and coalition service members and the...

Check out this article. There has been strong evidence that there are connections between Al-Qaeda and Iran & their proxies for nearly 30 years. This information comes directly from the 9/11 commission report, State Department reports, and the Obama administration. Obama used the 2001 AUOMF...

This is true, but I don't think that congress hasn't made a formal declaration of war since WW2. After 9/11 Congress passed a resolution authorizing the use of military force against any country associated with Al-Qaeda or the Taliban. This resolution has given Bush, Obama, & Trump the autonomy...

The JPCOA hasn't been torn up. It's still in effect with China, France, Russia, UK, & Germany. Iran has violated it multiple times, and there are various reports that they've violated it from day one. The deal was a temporary solution intended to slow their nuclear program. It was never meant...

The Iran nuclear deal was temporary in nature. It was going to have to be renegotiated because it allows Iran to ramp up their nuclear program after 10 years. Trump told them they would have to renegotiate the deal to make it permanent or we would withdraw and reapply sanctions. They made their...