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  1. BMK

    Betting on rising interest rates and/or rising inflation?

    Any thoughts on these two? I have cross-posted this to the ETF forum...
  2. BMK

    Trading at a prop desk in the era before mobile phones...

    This is an entertaining story: https://www.theguardian.com/lifeandstyle/2022/jan/18/memories-of-office-life-i-hid-under-my-desk-screaming-down-the-phone-at-my-husband
  3. BMK

    Any MLPs that can go up or stay same in rising interest rate environment?

    Have a look at these: CHCT GTY GMRE HIW STOR VICI
  4. BMK

    Any MLPs that can go up or stay same in rising interest rate environment?

    Some REITs invest directly in real estate, e.g., they are landlords, and they own shopping malls, or medical office buildings, or hotel properties, and the income is rent. Other REITs invest in debt instruments secured by real estate, i.e., mortgage loans or mortgage-backed securities. If you...
  5. BMK

    $300K from Overseas Property Sale where best to invest for 12 Months

    I would take a look at preferred stock. Works a lot like bonds, even though it is called stock. Better yields than junk bonds, with roughly the same level of risk. Many portfolio managers consider preferred stock to be in the fixed income category of assets. Preferred stock issued by solid...
  6. BMK

    Long winded Stock options questions , sorry

    Buying an option is not analogous to "renting" the stock. When you own an option, you do not have voting rights, and you do not collect dividends. You cannot sell the stock. And on the expiration date, you do not "give back" something that you "rented" or "borrowed." I'm not sure where you got...
  7. BMK

    How Ark ETFs are up 31% per year, yet investors still lost money

    The author of the article is arguing that mutual funds can close and refuse to take money from new investors. ETFs cannot do this. And the author thinks that closing a fund can prevent losses like those that occurred in ARK.
  8. BMK

    Setting up a Health Savings Account.

    Most of the cited text from the Optum website has been copied or paraphrased from IRS Publication 969, which I have attached. The IRS has not updated this publication for 2021 or 2022. But the basic rules have not changed. If you choose to read this publication, you need to be aware that was...
  9. BMK

    How Ark ETFs are up 31% per year, yet investors still lost money

    This is an interesting article. I have to admit that I am commenting before I have even finished reading the article. The problem of how a large influx of new cash can create difficulties for an ETF is very interesting. But I am trying to figure out whether this sort of thing could potentially...
  10. BMK

    Is it a good idea to buy bonds with leverage for retail trader?

    So you have found a way to borrow money at an interest rate of 0.5%, and then turn around and lend that money at an interest rate of 1.7%. What could possibly go wrong? Ummm... let's see... What if the interest rate at which you are borrowing suddenly goes way up, but the interest rate at...
  11. BMK

    Very bad experience with Grandcashfx Ltd.

    LMFAO That is soooo obviously not a real forex broker in the USA. I called the contact phone number, and after about seven rings, I got a robotic greeting that said something like "I'm sorry I can't take your call, please leave a message, and I will return your call." The greeting did not even...
  12. BMK

    No rent due until October!!

    Most sane conservatives capitulated years ago to the party of Trump
  13. BMK

    Restaurant workers quit at record rate

    I've never been served by a robot in the USA. I'm not saying they don't exist. And I don't live in NYC, Los Angeles, London or Tokyo. But I've never seen a robot server. I would much prefer to be served by a competent human server than a machine. And I generally do not like "self-serve" style...
  14. BMK

    How common is assignment?

    To further answer your original question... If you get an early assignment, i.e., before the day of expiration, in most cases, there is usually not a lot of risk, because your potential loss is still limited by the long put in your example. If your account doesn't have enough money to hold the...
  15. BMK

    How common is assignment?

    It's not common for an option to be exercised/assigned when it is out of the money. If you are close to expiration, e.g., one or two days away, and the option is out of the money by only five or ten cents, then it might happen. If it is the afternoon of expiration, and the stock is trading...
  16. BMK

    Restaurant workers quit at record rate

    This is an interesting read, from early 2018: https://www.theguardian.com/news/2018/jan/19/post-work-the-radical-idea-of-a-world-without-jobs And here, from 1992, is Mr. Pink, explaining why he doesn't tip:
  17. BMK

    Obligations when you have a Series 65

    Okay, so is your securities license active? Do you have a day job working for a broker? BMK
  18. BMK

    Obligations when you have a Series 65

    What exactly do you mean by "working as a streamer"? You are going to be live streaming... ummm... what? Investment advice? Trading recommendations? Commentary on why a stock is going up or down? Or something else? And I think your original post is missing at least one word, possibly more...
  19. BMK

    What is the general relationship between banks and credit card companies?

    You cannot get a credit card or debit card "directly from the card company." MasterCard and VISA do not establish card accounts for individuals. A prepaid card is simply a type of debit card. It has different rules. It is usually not tied to a traditional checking account. You cannot write...
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