BlueKoala

I'm the best at being me.

[BlueKoala @BlueKoalaa]

@DrunkDividends Yes/no. I re-invest them but I regularly cash out assets to be able to stay in this, not cardboard box in an alley(but close).

[BlueKoala @BlueKoalaa]

@Blind__Luck @Investmentkage Most people get very bored and annoyed at numbers. I really do think it's that simple.

[BlueKoala @BlueKoalaa]

@67Dodge This is great news for vampires. Not so much for the 15-20% of people who will never make it to 70.

[BlueKoala @BlueKoalaa]

@RoaringHammy Most people can't achieve this. The ego gets in the way.

[BlueKoala @BlueKoalaa]

@SettlingNomad_ @Lovey1973 It was 157 at the Costco the other day when I filled up.

[BlueKoala @BlueKoalaa]

@Lovey1973 👁️

[BlueKoala @BlueKoalaa]

Yeah, to clarify my point was that selling BCE at ~45 made perfect logical sense if the only thing you consider is the math and the fact that they kept increasing the dividend by 10% yoy. But when you consider the psychology the sell zone is closer to 60. It's amazing how desperate people are to catch this bus:

[BlueKoala @BlueKoalaa]

@MarkMcGrathCFP @ChizaramNelo I think it actually does. Until it doesn't.

[BlueKoala @BlueKoalaa]

While this is true in absolute terms, it's just not how human perception works. And also because of this perception it creates irrational moves and noise in price action and valuation. In the market it doesn't matter how much something is objectively worth if there was such a thing, it only matters how the rest of the market values it. This provides an edge if you can infer effectively.

[BlueKoala @BlueKoalaa]

99% of people should take advantage of that.
The argument against it is if you can generate enough alpha in an unregistered account you'll end up paying much less in taxes. 401k/RRSP is meant to supplement and is taxed as straight income which makes a lot of sense if you are low income. However you don't benefit from capital gains taxation on your gains.

[BlueKoala @BlueKoalaa]

@DrunkDividends @VoteWillows @alyssa_winzino Scam me once, shame on you, scam me 8x I may have a learning disability.

[BlueKoala @BlueKoalaa]

@BeardoTrader Oh buddy, have you ever been heavy on SPY puts?

[BlueKoala @BlueKoalaa]

@DrunkDividends Yeah he deserved all those avocado toasts and uber rides though. How can you set any money aside when you deserve so many things?

[BlueKoala @BlueKoalaa]

@RoaringHammy I used to go with the 0$ subsidized option every two years. When they ended that I bought a Pixel 7 out of pocket and opted for a cheaper plan. Saving $180/y for the last 4 years. So far I've just about broken even with a much better phone.

[BlueKoala @BlueKoalaa]

@RoaringHammy Firehouse subs brisket sub is a little more than that but I find it's worth it.

[BlueKoala @BlueKoalaa]

@RoaringHammy I find net worth to be a poor data point. Someone with a net worth of 10m having to sell assets to stay afloat it probably not in as good of a mind space as someone with a net worth of 100k that's aggressively accumulating.

[BlueKoala @BlueKoalaa]

@DrunkDividends I'm noticing this sexy sexy chair

[BlueKoala @BlueKoalaa]

@MarkMcGrathCFP Reddit.

[BlueKoala @BlueKoalaa]

@RoaringHammy I can't afford a 571ML bottle for $3.49 and I have a shit ton of money.