1111GS

You should always have about 1/3 worth of cash in your accounts ready. I wonder if it was down to the earning or the spaceX explosion. Either way, I think I can risk a little.

AMIRZA786

I have some cash in a savings account, but that's for emergencies and therefore not for investing

LeX2K

Buy on margin!!! Free money! can't lose!!!

AMIRZA786

Umm...yeah. No thanks

Longevite1

Can she roll over for the year after?
(I'm really bad at this)

LeX2K

You've never been tempted? My trading platform will loan me a silly amount of money just like that.

AMIRZA786

We would have to consult a tax expert. Maybe @patgilm can answer that question?

AMIRZA786

No, margin trading is for someone who knows what they are doing. I'm not that someone

ST430

I've never heard of that and that's a bad thing to do to have your net worth decline so much due to inflation...

AMIRZA786

“The best service is no service:” How Tesla’s business model will change the car industry

https://thedriven.io/2023/04/20/the-...-car-industry/

703

Im adopting his style of questioning at work too, when someone is full of it, you just need to ask a few simple questions and then let it unfold !

AMIRZA786

Most of my money is either in my home or investments. I keep a small amount of emergency cash in savings, so I agree with you, 1/3 is lot of money that is either collecting a very pitiful amount of interest or none at all. Of course with the markets the way they are right now, my portfolio is looking a little "down" these days

LeX2K

This is why certain auto makers are so resistant to electric vehicles their cash cow service and parts business is all but gone.

bitkahuna

iTrader: (20)

no idea where you got this pearl of wisdom from. now i have heard of having at least 3 months of living expenses in liquid form just in case.
most people sadly couldn't get far beyond one missed paycheck.

patgilm

No tax expert here, only large corporate accounting. Sorry, can’t help you there.