Daily Boglehead

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[Daily Boglehead @dailyboglehead]

TARIFFS 101

American company imports shirts for $20, and sells them for $40.

Trump puts a 50% tariff on imports.

American company now pays $30 to import the same shirts and sells them for $50.

The consumer is simply TAXED MORE. That's it.

[Daily Boglehead @dailyboglehead]

Bitcoin being down about 50% is a good reminder that “number go up” also has a return policy.

Crypto can be exciting. Your actual financial plan should probably be boring enough to nap through.

Diversify, keep costs low, and don’t let one wild asset drive the bus.

[Daily Boglehead @dailyboglehead]

@dylanmallman The chains made me shitted and farted

[Daily Boglehead @dailyboglehead]

@foxinsidethebox @tyrannideris Lol oh sweet summer child

[Daily Boglehead @dailyboglehead]

@tyrannideris Yes

[Daily Boglehead @dailyboglehead]

@ModernDayInves Shame that ROTHS got nothing

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris

[Daily Boglehead @dailyboglehead]

One of the wildest takes I've ever seen on investing.

Good luck to you and your "accountant" my guy.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Which you don’t have obviously or you would have done that.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Nah show your 10 Bitcoin.

Nobody cares about transactions.

A screenshot will do .

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris No more responses until 10 Bitcoin pic.

You lose.

[Daily Boglehead @dailyboglehead]

@tyrannideris @CAPTAINASSBLOOD He doesn’t have 10 Bitcoin.

Mans is broke broke.

Cant even afford premium.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Yea you are.

You don’t have “10 Bitcoin”

Hell, I doubt you have any.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Gotta keep up chief.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Sir showing me purchases from over 2 years ago that is not 10 Bitcoin is still not it.

Please show the 10 Bitcoin.

Also… please let me that isn’t Robinhood lmao.

Please tell us you don’t have this in a brokerage right and actually have a cold wallet…right?

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Sir showing me purchases from over 2 years ago that is not 10 Bitcoin is still not it.

Please show the 10 Bitcoin.

Also… please let me that isn’t Robinhood lmao.

Please tell us you don’t have this in a brokerage right and actually have a cold wallet…right?

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris Yea people usually come up with stuff when they’re cooked.

It’s ok, you can’t prove it anyway.

Keep on being broke bud.

[Daily Boglehead @dailyboglehead]

@CAPTAINASSBLOOD @tyrannideris You learn something about finance yet?

I can continue your lesson if you’d like.

[Daily Boglehead @dailyboglehead]

@The_x_Truth @wallstreetbets It’s not the same thing as Wall Street for the reasons listed above.

A prospective currency is not the same as business value.

[Daily Boglehead @dailyboglehead]

@tyrannideris @CAPTAINASSBLOOD A Roth Ira is different than a 401k @CAPTAINASSBLOOD