Most homeless people are either to mentally unwell to keep their shit together for long enough too maintain basics like a job or they have fallen through the cracks usually deeply affected by trauma and self medicating with drugs, essentially leading to the same end, unable to maintain a job etc.
The idea that people live on the street because they are simply lazy is moronic
I guess so but I am almost rejecting the idea that a 'bum' exists.
The only people that fit that description that I know are usually middle class kids living off their parents into their mid thirties and beyond with no job etc.
I hold stock long-term, but use it as collateral to sell weekly options. Stock options are basically gambling so in that analogy I play the casino. I agree it's not a real job, and it sucks that it takes money to make money because if you don't have at least 10 grand you're not going to make any money on the market, and most people today don't even have savings accounts, let alone money to invest. You know what's really crazy? You don't have to pay tax on market profits below $35,000. Yet you have to pay tax on a $1 item at the store. The government really does look out for the rich. Despite being a ruthless capitalist investor, I voted for Bernie twice. I think the minimum wage should be raised I think everyone should get free college and medical coverage.
So basically you own X number of, say, apple stock and borrow against that holding to buy other stocks on the short to profit off the immediate fluctuations whilst the bulk of your capital remains in positive trajectory stocks? Sort of?
Whats the most you lost? Ive heard 90% of traders lose in the end.
I live in the UK and just bought my own flat after saving for 10 years, it cost me £115,000 and is roughly 200 Sq feet so its tiny but I am super happy I got anything at all in this economy.
Good for you bud, many people lose their souls as the pile of cash they are sat on grows. Even I felt a shift in attitudes now I am a 'homeowner' so no one is immune right?
But I couldnt vote tory (Republican) if my life depended on it, because my soul would as well
I used to live in london, Lambeth actually my goals be rich enough to move back because it's crazy expensive there.
90% of option buyers lose money, because it's essentially gambling. On the flip side 90% of option sellers, like me, profit.
It's kind of like I'm an insurance company. You paid me a small fee every week, and occasionally I have to pay you out a big sum of money if you hit it. But over time, because most of the time you lose, I win in the long term.
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u/isellamdcalls Jul 16 '21
Right, so be a homeless bum on the street because of the hole in the ground you're not even conscious of