Joined March 2016
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Take control of your financial future 💪 Claim your FREE trial to VTS now, and start CRUSHING the market 👇 Link:  volatilitytradingstrategies.…
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This is the best explanation I've heard for how layered the danger of SpaceX and IPO's later this year is (love his dry humor as well) youtube.com/watch?v=wKXgeNwN…
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It's true that some of the complaints about wealth disparity are perhaps just jealousy But a lot of it is also that the wealthy pay a far lower "effective" tax rate due to loopholes and structures They lobby governments and regulators to change laws in their favour They donate to politicians that then grant them contracts on quid pro quo In many cases tax payers are involuntarily funding the wealth being grown to those staggering levels It's not out of line for people to expect that the wealthy pay the same effective tax rate as the progressive income tax system says they should Not nominal dollars, that's a distortion that the wealthy use. They'll say we pay XYZ percentage of all tax money Yes, obviously, you also have XYZ^2 of all the wealth No, I mean the same relative percentages of taxes along the way for everyone, and the same rules as everyone else "IF" that's the system we had, people would have less of a problem with the billionaire class But people know the system is rigged, they know wealth is being extracted behind closed doors They know the United States should be wealthy enough that everybody has a higher standard of living The problem is NOT that people are billionaires It's HOW they became billionaires that is the issue
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Am I the only one who thinks it's absolutely wild that the first trillionaire has never actually made 1 dollar in net profit across his companies? We live in interesting times
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People acting like SpaceX is a startup It's been 24 years, and lost 41 billion cumulative Can we slow down a little on the comparisons to other companies that actually make money?
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Your #1 priority as a successful long-term investor is risk management The larger your drawdowns, the higher your rate of return afterwards has to be just to get back to break even Protect your capital first!  Look for increased profit after that...
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Biggest IPO launch in history, at a time when equity valuations are at the very least, stretched... Could be the ultimate "how didn't everybody see this coming" moment $SPCX
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4 reasons why Volpocalypse won't happen again At least not now...  I'll let everyone know if the risk changes
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Which is more overvalued?
29% SpaceX
71% MicroStrategy / Bitcoin
14 votes • Final results
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1 year from today SpaceX will be:
50% Higher than IPO price
17% Lower than IPO price
33% WAY lower than IPO
12 votes • Final results
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Bitcoin may or may not be the future  (probably not) But even if it is, it can't just go up forever There is ALWAYS diminishing returns in speculative assets
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Inflation is WAY higher than the official government numbers
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Did you know that after the Dot-com bust in 2000, on an inflation adjusted basis it took the Nasdaq index nearly 20 years to break even 😱 When I talk about risk management and having discipline to move to safety, THIS IS WHY!
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We're a week away from fist fights on the White House lawn. This week will be wild

ALT Alex Pereira Pereira Ufc GIF

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When "buying the dip" remember to keep your allocation sizes small
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Higher return, lower risk, this is the VTS Total Portfolio Solution
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Subscribe to my VTS Channel Vol ETFs VIX Trading Courses Live Q&A's YouTube:  youtube.com/@VolatilityTradi…
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Why do people buy G wagons? I'm in the process of moving to a different part of town and since the Corvette C8 doesn't really fit much beyond golf clubs I had to rent a bigger car for a week to get this move done I tried to rent a Porsche Cayenne Coupe because that is actually a car I'm interested in, but on the day of delivery they said the previous person kept it so they offered me a replacement I finally got to see why there are so many damn G Wagons all over Dubai  (and other wealthy areas like Miami etc) For the insane money for the G63, it's literally one of the worst values I've ever seen in a vehicle It's as ugly as could be, it's not very comfortable, it doesn't handle particularly well, it's way smaller and less practical inside than it appears, there's rattles and wind noises everywhere, it has huge blind spots, the driver assist beeps go off constantly, the turning radius is horrendous, the infotainment system isn't even a touchscreen, it's a terrible vehicle! But for some strange reason, it's also awesome It has some bizarre formula where it's awful and there's dozens of SUV's that are way better for way less money, and yet driving it somehow feels great.  I can't explain it... Have you ever experienced a car that is both terrible and amazing at the same time?
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Is your portfolio ready for the next inevitable market crash?  Or will you get steamrolled by it? Might want to figure that out BEFORE the next big one happens...
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