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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Feb 1, 2021 at 8:45 AM
    #5301
    gpb

    gpb Well-Known Member

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    Those plainly say you calculate at 27.4 periods if starting at age 72, making the RMD amount equal to 3.6496% of the account value - whether one account or multiple.

    The old-school math I learned says that 3.6496% of one $500k account is the same as 3.6496% of five $100k accounts.

    Which isn't at all what you wrote above:


    EDIT - I see you followed up while I was writing the above.

    Yes, there are other aspects to multiple accounts, some beneficial (spreading across different options) and some detrimental (potentially higher fees depending on structure). Just wanted to clarify that the impact on RMD wasn't as described originally.
     
    98tacoma27 likes this.
  2. Feb 1, 2021 at 8:50 AM
    #5302
    jandrews

    jandrews Hootin' and Hollerin'

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    Fail To Deliver Data for first half Jan 2021:
    https://www.sec.gov/data/foiadocsfailsdatahtm

    I'll save you a lot of reading. GME FTD's roughly tripled from last half of December, ~1.5million up to 5.074.937. God only knows what 2nd half Jan data will show.

    There are a LOT of counterfeit shares running around in the system. No wonder the brokers, hedges, everyone is scared to death. Someone or someones out there have been naked shorting like a motherfucker and is about to have their spleen sucked out of their asshole by this price jump.
     
  3. Feb 1, 2021 at 8:50 AM
    #5303
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Makes me feel warm and fuzzy...
     
    MedlinAround likes this.
  4. Feb 1, 2021 at 8:51 AM
    #5304
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Stopped out of $AGQ so buy up, it can run to $64 without me now ;)
     
    Nimble9 likes this.
  5. Feb 1, 2021 at 8:52 AM
    #5305
    RedWings44

    RedWings44 Well-Known Member

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  6. Feb 1, 2021 at 8:52 AM
    #5306
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I'm just mad we didn't get a pop at open so I could sell and rebuy my daytrading shares...
     
    IDtrucks likes this.
  7. Feb 1, 2021 at 8:52 AM
    #5307
    theesotericone

    theesotericone Well-Known Member

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  8. Feb 1, 2021 at 8:53 AM
    #5308
    gpb

    gpb Well-Known Member

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    2008taco and TreeFortRichard like this.
  9. Feb 1, 2021 at 8:53 AM
    #5309
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    enough to have fun
    It's too cold outside for me to not stare at my screens and watch numbers move.
     
    deadpocketss and GarlicFarts like this.
  10. Feb 1, 2021 at 8:55 AM
    #5310
    IDtrucks

    IDtrucks Unhinged and Fluid

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    This mother fucker. A record number of people are becoming substantially more financially literate due to this. This is a net BENEFIT to human capital as tens of thousands of retail investors learn the dirty ins and outs of the market. It’s a fucking pandemic, we’re not even supposed to be “going out and fostering relationships” You absolute piece of trash
     
  11. Feb 1, 2021 at 8:57 AM
    #5311
    jandrews

    jandrews Hootin' and Hollerin'

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    moto.mike and 2008taco like this.
  12. Feb 1, 2021 at 9:01 AM
    #5312
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    I work in Radiology, staring at a screen 9-10 hours a day is what i almost have to do. So why not keep some numbers up above to see when they go higher i can let em go.


    Making $ while i'm making $
     
    jgr81, 2008taco, 98tacoma27 and 3 others like this.
  13. Feb 1, 2021 at 9:03 AM
    #5313
    2008taco

    2008taco Well-Known Member

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    RedWings44 and 98tacoma27 like this.
  14. Feb 1, 2021 at 9:16 AM
    #5314
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    rmepilot[QUOTED] and 2008taco like this.
  15. Feb 1, 2021 at 9:18 AM
    #5315
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Hmmm...WHY THE FUCK is there SILVER news in my GAMESTOP news feed???


    I wonder.....
     
  16. Feb 1, 2021 at 9:19 AM
    #5316
    2008taco

    2008taco Well-Known Member

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    This reminds me of the why don't you see lamborghini commercials analogy. The rich don't know what reddit is. They're getting their news from the same networks they're paying to make up the news.
     
    rmepilot and 98tacoma27[QUOTED] like this.
  17. Feb 1, 2021 at 9:19 AM
    #5317
    RedWings44

    RedWings44 Well-Known Member

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    0xDEADBEEF likes this.
  18. Feb 1, 2021 at 9:31 AM
    #5318
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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  19. Feb 1, 2021 at 9:40 AM
    #5319
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Low Volume today on $GME...
    Massive Volume again on $AMC
    I'm watching a friend keep burning himself chasing rockets on AMC
     
  20. Feb 1, 2021 at 9:42 AM
    #5320
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    I'm not sold on AMC just yet. Have some to trade in it but not a lot. Bought in a tad too high i believe in it
     

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