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  1. ph1l

    Large lot in California...Should I sell it or hold??

    Maybe https://www.investopedia.com/articles/investing/080813/how-profit-inflation.asp#:~:text=Consumer%20staples%20stocks%20mostly%20do,perform%20well%20under%20inflationary%20pressure. For example, in the tab-separated etfs.csv:
  2. ph1l

    Large lot in California...Should I sell it or hold??

    Your non-income producing asset has a 3% to 4% annual expense ratio. The appreciation potential for the asset partially depends on the population density in a state with a declining population. I would sell it unless you have a good argument for a significant increase in value in the next few...
  3. ph1l

    Man's Best Friend Thread.

    https://www.startribune.com/fireworks-from-a-dogs-point-of-view/600287085
  4. ph1l

    Is it immoral to get a second job as a software developer?

    It's not as simple as looking at a non-disclosure agreement. Companies may have policies, and if an employee violates a policy, the employee can be fired. When I did full-time software development for a large bank, they allowed employees to have second jobs but insisted the second job be in a...
  5. ph1l

    Progressive Stupidty

    Will Michigan be the first pronoun sanctuary state? https://www.foxnews.com/politics/michigan-house-passes-bill-using-wrong-pronouns-felony-fineable-10000
  6. ph1l

    What to know about trading stocks

    It worked for me, and I attached a copy.
  7. ph1l

    Celsius vs Red Bull

    And here's another reason to avoid diet soda -- the big C. https://www.reuters.com/business/healthcare-pharmaceuticals/whos-cancer-research-agency-say-aspartame-sweetener-possible-carcinogen-sources-2023-06-29/
  8. ph1l

    The Chinese Spy Balloon Saga

    Nobody in the U.S. government noticed the balloons until after Trump moved out.
  9. ph1l

    The Chinese Spy Balloon Saga

    The good news is at least the Chinese spy balloon helped preserve American jobs!:D https://www.wsj.com/articles/chinese-balloon-used-american-tech-to-spy-on-americans-2e3f5039
  10. ph1l

    What do you guys think about Nick Shawn and his little hedging strategy.

    I think for that, you need to be a "close friend.":D
  11. ph1l

    Celsius vs Red Bull

    It's a possibility. https://health.clevelandclinic.org/3-reasons-you-should-kick-your-diet-soda-habit/
  12. ph1l

    Oceangate Titan: analysis of an insultingly predictable failure

    It looks like a solid design to me, but I'd defer to an pioneer in this area like this guy.
  13. ph1l

    Are you serious?

    With one or two accounts, wouldn't the results be the same? Price: 99 Position: none Order1: buy at 100; if filled, sell at 98 stop 120 limit, one cancels the other Order2: buy at 104; if filled, sell at 103 stop 106 limit, one cancels the other Price: 100 Order1 buy filled at 100 + slippage...
  14. ph1l

    Blackrock iShares files for Spot BTC ETF.

    OK, so formulas and textual examples aren't your forte.;) This short cartoon explains how fractional reserve lending works. Just imagine $ was changed to ₿ to see how it would work with Bitcoin. Surely, you have heard of staking...
  15. ph1l

    Blackrock iShares files for Spot BTC ETF.

    My comment didn't address the price of Bitcoin, only how lending them increases the supply without mining. But since you mentioned it, when fractional reserve lending applies to fiat, the fiat supply increases. When people get more money, they tend to spend some of it. If nothing else...
  16. ph1l

    Blackrock iShares files for Spot BTC ETF.

    It might work something like this. Blackrock has 2,200 Bitcoins. Blackrock lends 90% of them or 1,980 Bitcoins to Grayrock. The resulting supply is now 2,200 + 1,980 == 4,180 Bitcoins. Grayrock lends 90% of their 1,980 Bitcoins or 1,782 Bitcoins to Palerock. The resulting supply is now 4,180 +...
  17. ph1l

    Is VIX of any use for SPX ?

    Using data from 1993-01-29 through 2014-05-02, I simulated trades on SPY (SPDR S&P 500 ETF Trust) buying on the next trading day's open and selling on the following day's open (prices adjusted for dividends and splits). Then I generated a rule using closing VIX prices from the recent past...
  18. ph1l

    Do only humans have souls that go to heaven or hell, or does it apply to all forms of life?

    @aquarian1 answered with So, it probably wasn't too important to the Bible's authors, and we'll have to check other sources.:)
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