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Interestingly the ability to mostly treat stock and futures accounts as fungible is something that IB/Schwab... are better at than some of the more boutique companies which actually treat them as two separate accounts where you have to wire funds from one to the other to trade. I too would be...

Left bad, right good. That's going to be about the extent of any argument if you can call such simplistic reasoning an "argument".

It's funny to hear someone say with a straight face that the U.S. is going to lose it's status as reserve currency to the communist Chinese Yuan or socialist (in their minds borderline communist) Euro because....the U.S. is moving too far left! Charitably I don't think they grasp the concept...

I hadn't heard of the cruise ship story before, not sure how I missed it as I love stories like that. Thanks for posting it!

My entire original point was that any security that within my trading lifetime has effectively fallen to zero is the opposite of what the OP is asking for; a "safe" investment that returns "1% per month". @E-MiniToGo disagreed with the fact that a TQQQ index has fallen effectively to zero in the...

No, you didn't try it and you've never even attempted to provide an answer to the underlying question of how a TQQQ index would have performed from .com days. You showed a graph with a different starting point and therefore completely different scales. And as I look back at it, I think it is the...

So then let's cut to the chase indeed. You are asserting that a 3X percentage daily return index of QQQ started just before the .com bust would be where, exactly, compared to the QQQ index today, or in 2020 say? If you're so certain I'm wrong and you've done this yourself, then surely you can...

Again, if you compressed the Yahoo chart to the start and end dates, it not only doesn't show TQQQ increasing faster than QQQ, but it decreases! Therefore between any two points longer than a day apart, it's demonstrably possible for TQQQ to not increase faster than QQQ, and in fact even do the...

So I tried to explain it intuitively and I provided a concrete example of TQQQ doing the opposite of QQQ over a given time period, something you're continuing to insist is impossible or at least "improper" so I'm not sure how else to explain it. If you took the Yahoo chart I showed and...

Here's an example from Yahoo charts you can look at yourself. As you can see if you bought TQQQ on Feb 19, 2020 then on July 1st, 2020 you'd be down 11% even though QQQ was up 7.4%. It not only didn't return 3X but actually returned -1.5X! If you're still saying that something is wrong because...

Again, it's baffling why someone who didn't understand the a fundamental aspect of how the TQQQ security works thinks they're in any position to "educate" us on the fact that the Nasdaq 100 isn't composed of the same companies in 2021 as in 2001. No shit sherlock! It's frankly quite depressing...

Once again, TQQQ returns 3X the daily percentage return of QQQ. That's a very different thing than returning 3X QQQ. Here's a little demonstration, assume we start out with QQQ at 100 and we have the following changes over 3 trading days. QQQ/ % Change in QQQ/% change in TQQQ/ TQQQ 100/...

It's hard not to be condescending against this so please know I'm trying so very hard not to be. TQQQ is simply 3X the daily percentage return of QQQ. It's trivial to determine how TQQQ would have performed in any time period that QQQ traded with a simple excel spreadsheet that calculates 3X the...

That's interesting. You take a lien on the land then, or the construction, or both? I suppose the worst risk is that there's a downturn and you're the proud owner of a half-built house and a lot?

Are those loans to contractors or the owner of the thing being constructed?

We're actually conflating two related but different concepts at this point. The extent to which trade is denominated in dollars is a different thing than the amount of foreign reserves that are denominated in dollars. I think when most people refer to "reserve currency" they're talking about the...

Not to scale. Installing solar on your house is should cost you $20k for a 10kW system, with 26% back with the ITC bringing you down to $14,800. That will generate at least 12 MWH per year, so if you're paying $120 per MWH that gets you to 10% per year before state level incentives. But, since...

You grizzled old veteran you, we all stand in awe of your vast, world weary experience. Since it's "pointless" to impart your great wisdom to us, one wonders why you're taking the time to make the post? Do you actually have anything to contribute to the conversation, or are you above that?

You're right, I engaged in some hyperbole. It only would have gone down 99.9% and you'd still be down significantly today. It's important to understand that these 3X funds return 3X the PERCENTAGE DAILY RETURN of the index. That means that you can't just take the QQQ level on one day and...

If anything makes sense to replace the USD it would be crypto, the other currencies simply all have the exact same issues as the USD but more so. That said, a currency that buys a barrel of oil or a ton of steel or a bushel of wheat for X currency units today and .5X units in three months and 2X...