It’s a long one bare with me
I have multiple 401k accounts that I have yet to consolidate . Acct 1 -32,000 ( former employer ) Acct 2- 12,000 ( former employer & rolling over to acct 3 Acct 3- 12,000( current employer balance obtained in 8 months. 9% employer match )
I refinance my student loans (60k) to lower my rate to 4.25% for 60mo . Paid off 20k in one shot & monthly is 1k. I can make the payments with ease but to what the current economy I cannot afford to save . My current loan balance is 34k
I would like to withdraw account 1. But I’m trying to figure out the best situation to minimize the taxes/ penalties. How are they calculated as for federal & state(NYC RESIDENT). I am 85% set in withdrawing account 1 to eliminate my student loan bill. Me doing this will allow me to save cash and increase my 401k input at my current employer .
I am a 30yo male in nyc annual income is roughly 85k -100k give or take overtime.
I am open to suggestions to best help my situation.

Hi everyone,
I'm at a crossroads and need your advice on whether I should invest in property or shares to help my children get on the property ladder in 15 years. Here are some facts and considerations:

1. Investment Goal: My primary goal is to invest in a way that will help my children buy a property in 15 years. With this in mind, I'm wondering if the actual value of the property matters if the end goal is to purchase a property.
   
2. Financial Modeling: I have created an Excel spreadsheet to model an investment property. My model includes factors such as:
   

Inflation (set at 3%) Rental increases Tenancy (48 weeks a year) Council fees Land tax Negative gearing Depreciation
I have tested this model using various calculators and it seems accurate. I then take my post-tax cash output from this property investment and compare it to what my financial position would look like if I invested the same amount in shares, assuming a 6% post-tax return. I take snapshots at 5, 10, 15, and 20 years, looking at property value increases (3%). Despite taking all these factors into account, I don't see many scenarios where property outperforms shares, even with leverage and negative gearing.

1. Risk Assessment:

With ETFs, I am guaranteed to get the return of the market because I am buying into a diversified pool. With property, I am buying a single dwelling in a market that could overperform or underperform. Managing a property and tenants comes with its own set of challenges and risks, such as vacancies and repairs. I would be locked into mortgage repayments, which could be problematic if my financial situation changes. On the other hand, I can stop my ETF deposits if needed. Despite my logical analysis, I still experience FOMO about property investment. Here's some additional context:
I have around $5000 per month available to invest/save. The deposit for the property would be taken as equity from my PPOR (Principal Place of Residence). I reckon I am good for a $1 million investment property if I decide to proceed.
Questions:
Have I got this wrong? Am I silly not to invest in property if I am able to do so? Are there other factors I should consider in my analysis? For those who have chosen one path over the other, what has your experience been like?

I'm on a salary, earning $75,000.00 per year, and I have one child who is 13 years old. My wife, who has two children from a previous marriage (aged 9 and 10), earns $30,000.00 per year from an hourly job.
Could someone please explain to me what will happen if my wife files separately? Based on the information provided, is there a chance for her to receive any kind of tax return if she hasn't paid any taxes throughout the year?
Results from the tax calculator form IRS website:
Married filed jointly:
“Based on the information you entered, you don't need to withhold tax from your paycheck. You don't owe any tax this year"
You will get a refund of any overpaid tax you've withheld when you file your tax return.

• Expected tax withholding: $3,682
• Anticipated tax obligation: $0
• Projected refund: $1,419

Married filed separate (myself):
“Based on the information you entered, you’re not withholding enough tax."

• Expected tax withholding: $3,682
• Anticipated tax obligation*: $3,865
• Projected amount owed: $2,183

*This is your projected tax liability for the 2024 tax year reported on the 2024 Form 1040 due to filed by April 15, 2025
Married filed separate (wife):
“Based on the information you entered, you’re withholding exactly the amount of tax you need to have a balance of $0”

• Expected tax withholding: $0
• Tax before refundable credits*: $0
• Estimated refundable credits: $7,670
• Projected amount owed: $7,670

\This is your projected tax liability for the 2024 tax year reported on the 2024 Form 1040 due to filed by April 15, 2025*

I just started a Roth IRA and want to max it out for the year. So I took the max ($7000/year) divided by my checks in a year (24) to come up with $291.66 I should deposit every check to max it out every year.
Then I dropped the pennies and multiplied it by how many checks I've had this year (291x7weeks) and deposited $2037 directly into it. This should put me at the amount invested at the time of my last check of the year (Dec 22nd) at $6984.
My question is, If I deposit another $291 (or slightly more if the limit goes up) on January 7th, will that put me above the contribution limit for 2024, or will it go toward the 2025 tax year.
The reason I ask is because I see some online information suggesting the "you can still contribute to your Roth IRA for the previous tax year up to April 15th."
Should I be calculating my contributions based on Calendar year (Jan 1st-Dec 31st) or on tax due dates (April 16th-April 15th)?
I don't want to incur penalties.

I’m completely financially illiterate and need someone to please explain to me in very simple, child-like terms.
I’m in my early 40’s, male, a HENRY - High Earner, but Not Rich Yet. Sole trader earning ~$600,000/yr gross. My wife is a full time mum to our 2 children (5 and 1yo), and works part time. She earns ~$30,000/yr. Our combined HHI is ~$630,000/yr.
We have a $1,350,000 loan remaining on our PPOR, with around $420,000 in equity. There is $500,00 in our offset account. Repayments on this loan is around $2,000/wk.
We have an investment property jointly in both our names, which is currently cashflow positive $150/wk. There is $350,000 remaining on the loan with around $850,000 in equity. We are imminently refinancing this IP loan to another lender, and increasing the weekly rental, which will improve our positive cashflow to ~$300/wk.
Being in the top tax bracket, and having quarterly BAS and income tax payments to the ATO sees half my income disappear to tax. So in this context, cashflow is important to us. A rough back of the napkin calculation sees my weekly income diminish to around $700-900/wk net. The way I see it is that I’d rather have a cashflow positive property for which I need to pay income tax on, than a cashflow negative property which will diminish my cashflow to even less than $700/wk, despite it being a tax deductible debt.
Am I missing something here? Why is it so desirable to have a negatively geared IP when it greatly impacts cashflow?

1. Amazon Store Rent
First, let's talk about the monthly rent for an Amazon store. Registering an Amazon store is free, but using a company registration instead of a personal one is recommended. This approach is safer and has a higher approval rate. After registering, you can choose between an Individual account and a Professional account.
Individual Account: This account has no monthly fee, but you'll pay Amazon $0.99 for each item you sell. It’s suitable for sellers who are just starting out and have lower sales volumes.
Professional Account: This account costs $39.99 per month, but you won’t pay a fee per sale. This option is more cost-effective if you sell more than 40 items per month.
Recommendation: If you’re just starting and your sales are low, opt for the Individual account. As your sales increase and you consistently sell more than 40 items per month, switch to the Professional account to save on per-item fees.

1. Product Selection Tools

Choosing the right products to sell is crucial for the success of your e-commerce business. Fortunately, there are several tools available to assist with this process, each offering unique features to help you make informed decisions.
Popular Paid Tools: JungleScout and Helium10
JungleScout: Priced at $49/month, JungleScout is widely recognized for its comprehensive suite of tools designed to help sellers identify profitable products, estimate sales, and analyze competition. Its features include:
Product Database: Allows you to filter products based on various criteria like price, sales, and competition.
Product Tracker: Helps track the performance of potential products over time.
Keyword Scout: Provides keyword research and optimization suggestions to enhance product listings.
Sales Analytics: Offers insights into sales trends and revenue estimates.
Helium10: At $79/month, Helium10 is another powerful tool that provides a wide range of functionalities for Amazon sellers. Key features include:
Black Box: A product research tool that allows you to find profitable niches.
Xray: A Chrome extension that gives you a quick overview of product performance metrics directly on Amazon.
Keyword Research: Tools like Cerebro and Magnet help you discover and optimize for high-ranking keywords.
Listing Optimization: Features like Scribbles and Index Checker ensure your product listings are optimized for maximum visibility.
Free Tool: 4SELLER
4SELLER: For those who are looking for a budget-friendly option, 4SELLER is a free tool that offers a robust set of features to aid in product selection and management. It includes:
Product Selection: Assists in identifying profitable products by analyzing market trends and competition.
Inventory Management: Helps track inventory levels, forecast demand, and manage stock efficiently to prevent overstocking or stockouts.
Supplier Finder: Aids in locating reliable suppliers, which is essential for maintaining product quality and consistency.
Why Product Selection Tools are Essential
Using product selection tools is vital because they provide data-driven insights that help you make informed decisions. These tools can save you time and reduce the risk of choosing products that may not sell well. They offer features that allow you to:
Identify Trends: By analyzing market data, these tools help you stay ahead of trends and capitalize on emerging opportunities.
Evaluate Competition: Understanding your competition is crucial. These tools provide detailed analysis of competitors' products, pricing strategies, and sales performance.
Optimize Listings: Well-optimized product listings are more likely to attract buyers. These tools offer keyword research and listing optimization features that improve your product's visibility on e-commerce platforms.
Manage Inventory: Efficient inventory management ensures you have the right products available at the right time, which is crucial for maintaining customer satisfaction and maximizing sales.
Whether you opt for a paid tool like JungleScout or Helium10, or a free option like 4SELLER, leveraging these tools can significantly enhance your ability to select profitable products, manage inventory effectively, and optimize your listings for better performance.
3. Initial Stock Costs
Purchasing your first batch of products involves a significant initial investment, and the amount required can vary widely depending on the type of products you choose to sell. Here’s a detailed breakdown of what to consider when estimating your initial stock costs:
Factors Influencing Initial Stock Costs
Product Type and Price: The nature of the products you choose to sell will greatly influence your initial costs. Higher-priced items tend to have less competition but require a larger upfront investment. Conversely, cheaper products are more budget-friendly but often come with higher competition.
Quantity: The number of units you decide to purchase initially is another major factor. A common recommendation for new sellers is to start with 200-500 units. This range allows you to test the market demand without overcommitting financially.
Calculating Initial Costs
To estimate your initial stock costs, you need to multiply the quantity of units by the purchase price per unit. Here’s a simplified formula:
Initial Stock Cost=Quantity×Purchase Price per UnitInitial Stock Cost=Quantity×Purchase Price per Unit
For instance, if you decide to buy 300 units of a product that costs $5 per unit, your initial stock cost would be:
300 units×$5/unit=$1,500300 units×$5/unit=$1,500
Typical Budget Ranges for New Sellers
Low Budget: If you’re starting with a tighter budget, you might opt for products with a lower purchase price. For example, if you choose items costing around $2 per unit and purchase 200 units, your initial cost would be $400.
Moderate Budget: A more common range for new sellers is between $1,000 and $3,000. This allows for a balance between purchasing a reasonable quantity of units and managing the risk of unsold inventory. For example, buying 400 units at $5 per unit would total $2,000.
Higher Budget: With a larger budget, you can consider higher-priced items that might have less competition. For instance, purchasing 300 units at $10 per unit would result in an initial cost of $3,000.
Why Initial Stock Costs are Important
Understanding and planning for initial stock costs is critical because it ensures you are adequately prepared for the financial outlay required to launch your business. Here are a few reasons why this is essential:
Market Testing: Buying an appropriate number of units allows you to test market demand without over-investing. This way, you can gauge the product's popularity and adjust future orders accordingly.
Cash Flow Management: Proper planning helps manage your cash flow effectively. Ensuring you have enough funds to cover initial stock costs, along with other expenses like marketing and shipping, is crucial for maintaining business operations.
Risk Mitigation: Starting with a moderate quantity of units helps minimize the risk of unsold inventory, which can tie up capital and lead to losses. It’s better to start small, analyze performance, and scale up gradually.
Carefully estimating and planning for your initial stock costs is a vital step in setting up your e-commerce business. By understanding the factors that influence these costs and budgeting accordingly, you can make informed decisions that set the foundation for a successful venture. Whether you have a limited budget or can invest more significantly, strategic planning will help you manage risks and maximize your chances of success.
4. UPC Codes
UPC stands for Universal Product Code, a standardized barcode used by retailers, including Amazon, to track products. Obtaining UPC codes is a critical step in setting up your products for sale. Here’s a detailed explanation of why you need them, where to get them, and the associated costs.
What are UPC Codes?
Definition: UPC codes are unique identifiers assigned to products. Each code consists of a series of black bars and a corresponding 12-digit number that can be scanned by barcode readers.
Purpose: These codes help retailers manage inventory, streamline the checkout process, and track sales. For e-commerce platforms like Amazon, UPC codes ensure each product is uniquely identifiable, reducing errors and simplifying logistics.
Where to Buy UPC Codes
Official Source: GS1: The Global Standards 1 (GS1) organization is the official provider of UPC codes. Purchasing from GS1 ensures the authenticity and uniqueness of your codes, which is crucial for compliance with Amazon’s policies.
Why GS1?: While there are third-party sellers offering UPC codes at lower prices, these codes might not always be unique or compliant with GS1 standards. Using GS1 guarantees that your UPCs are globally recognized and legitimate, preventing potential issues with listing products on Amazon.
Cost of UPC Codes
Initial Purchase: GS1 sells UPC codes in packs. A pack of 10 UPCs costs $250 initially. This upfront cost covers the registration and issuance of the codes.
Annual Renewal Fee: In addition to the initial purchase cost, there is a $50 annual renewal fee. This fee ensures your codes remain active and your registration with GS1 stays current.
Breakdown of Costs
Initial Cost: For a pack of 10 UPC codes, the initial cost is $250.
Annual Renewal: The $50 annual renewal fee applies every year to maintain your codes.
Example Calculation:
If you purchase a pack of 10 UPCs, your total cost for the first year would be:
$250 (initial cost)+$50 (annual renewal fee)=$300$250 (initial cost)+$50 (annual renewal fee)=$300
In subsequent years, you will only pay the $50 renewal fee to keep your UPCs active.
Why UPC Codes are Important
Inventory Management: UPC codes play a crucial role in inventory management, allowing you to track stock levels accurately. This helps prevent stockouts and overstock situations.
Product Identification: Each UPC code is unique to a specific product, ensuring that Amazon and other retailers can correctly identify and catalog your items. This reduces the risk of listing errors and mix-ups.
Compliance and Credibility: Using GS1-issued UPC codes ensures compliance with Amazon’s listing requirements. This adds credibility to your listings and prevents potential issues that might arise from using unauthorized codes.
Efficiency and Automation: UPC codes facilitate the automation of various processes, including checkout, shipping, and inventory updates. This enhances operational efficiency and reduces manual workload.
Investing in UPC codes from GS1 is an essential step for any e-commerce business aiming to sell on platforms like Amazon. The initial cost of $250 for a pack of 10 UPCs, along with the $50 annual renewal fee, ensures that your products are uniquely identifiable and compliant with global standards. This investment not only helps in effective inventory management but also enhances the credibility and efficiency of your business operations.
5. Shipping and Distribution Costs
Shipping and distribution costs are critical components of your overall budget when selling on Amazon. These costs encompass various fees and charges that ensure your products reach Amazon’s warehouses and, ultimately, your customers. Here’s a detailed breakdown of what to consider and how these costs can impact your business.
Components of Shipping and Distribution Costs
Shipping to Amazon’s Warehouse: This involves the costs of transporting your products from your supplier to Amazon’s fulfillment centers. Factors influencing these costs include the size and weight of your products, the shipping method, and the distance between the supplier and the warehouse.
Packaging: Proper packaging is essential to protect your products during transit. This includes boxes, cushioning materials, and labeling.
Inspection Fees: To ensure quality and compliance with Amazon’s standards, you might need to pay for product inspections before they are shipped.
Import Duties and Taxes: If you are importing products from another country, customs duties and taxes will apply. These costs vary based on the product category and the country of origin.
Estimated Shipping Costs by Product Size
Small Items: For smaller products, shipping costs are generally lower. On average, you can expect to pay around $4 per unit for shipping.
Mid-sized Products: For larger or heavier items, shipping costs increase. These costs can range from $8 to $12 per unit, depending on the specific dimensions and weight of the products.
Amazon FBA Fees
Fulfillment by Amazon (FBA) Fees: Once your products are in Amazon’s warehouse, the company handles storage, packaging, and shipping to customers. Amazon charges FBA fees for these services, which are based on the size and weight of the product.
Small and Light Items: FBA fees for smaller items typically range from $2.92 to $6.13 per unit.
Larger Items: For bigger or heavier products, FBA fees can be higher, reflecting the additional handling and shipping costs.
Breakdown of Costs
Shipping Costs to Amazon’s Warehouse:
Small items: $4 per unit
Mid-sized items: $8-$12 per unit
Amazon FBA Fees:
Small items: $2.92-$6.13 per unit
Larger items: Higher fees depending on size and weight
Example Calculation
If you are shipping 300 small items to Amazon’s warehouse, with each unit costing $4 to ship and an average FBA fee of $4.50, your total costs would be:
Shipping to Warehouse: 300 units×$4/unit=$1,200300 units×$4/unit=$1,200
FBA Fees: 300 units×$4.50/unit=$1,350300 units×$4.50/unit=$1,350
Total Shipping and Distribution Costs:
$1,200 (shipping)+$1,350 (FBA fees)=$2,550$1,200 (shipping)+$1,350 (FBA fees)=$2,550
Why Shipping and Distribution Costs are Important
Budget Planning: Understanding and accurately estimating these costs is crucial for budgeting and financial planning. Unexpected expenses can significantly impact your profitability.
Pricing Strategy: These costs need to be factored into your pricing strategy to ensure you maintain healthy profit margins. Underestimating shipping and distribution costs can erode your margins and affect your competitiveness.
Customer Satisfaction: Efficient shipping and distribution are key to timely delivery and customer satisfaction. Using Amazon FBA ensures reliable and fast shipping, which can enhance your seller ratings and lead to repeat business.
Operational Efficiency: Managing these costs effectively can streamline your operations and improve cash flow. By optimizing packaging, negotiating better shipping rates, and accurately forecasting demand, you can reduce expenses and improve efficiency.
Shipping and distribution costs are a significant part of your overall expenses when selling on Amazon. By carefully estimating these costs, including packaging, inspection fees, import duties, and Amazon FBA fees, you can better manage your budget and pricing strategy. Understanding these costs helps ensure smooth operations, enhances customer satisfaction, and supports your business's profitability and growth.
6. Inventory Storage Costs
Inventory storage costs are a critical consideration when using Amazon’s Fulfillment by Amazon (FBA) service. These fees are based on the size and quantity of your inventory stored in Amazon’s warehouses and vary throughout the year. Here’s a detailed breakdown of these costs and their implications for your business.
Amazon’s Storage Fees
Amazon charges monthly storage fees that depend on the size category of your products (standard-size or oversized) and the time of year. The fees are higher during the holiday season (October to December) due to increased demand for warehouse space.
Standard-Size Storage Fees
January to September: $0.83 per cubic foot
October to December: $2.40 per cubic foot
Oversized Storage Fees
January to September: $0.53 per cubic foot
October to December: $1.20 per cubic foot
Calculating Storage Costs
To estimate your storage costs, you need to know the cubic footage of your inventory. Here’s how you can calculate it:
Cubic Footage=Length×Width×HeightCubic Footage=Length×Width×Height
Once you have the cubic footage, multiply it by the applicable storage fee rate.
Example Calculation for Standard-Size Products
Let’s say you have 500 units of a product, each measuring 1 cubic foot. Your storage costs would be:
January to September: 500 cubic feet×$0.83/cubic foot=$415500 cubic feet×$0.83/cubic foot=$415
October to December: 500 cubic feet×$2.40/cubic foot=$1,200500 cubic feet×$2.40/cubic foot=$1,200
Example Calculation for Oversized Products
If you have 200 units of an oversized product, each measuring 3 cubic feet, your storage costs would be:
January to September: 600 cubic feet×$0.53/cubic foot=$318600 cubic feet×$0.53/cubic foot=$318
October to December: 600 cubic feet×$1.20/cubic foot=$720600 cubic feet×$1.20/cubic foot=$720
Why Inventory Storage Costs Matter
Budget Management: Accurately estimating storage costs is crucial for budgeting and financial planning. These costs can add up, especially during peak seasons, impacting your overall profitability.
Inventory Turnover: High storage costs can incentivize better inventory management practices, such as maintaining optimal stock levels and ensuring a higher inventory turnover rate. This helps in reducing long-term storage fees and minimizing the risk of overstocking.
Seasonal Planning: Knowing that storage fees increase during the holiday season can help you plan your inventory levels more effectively. You might choose to stock up on faster-moving items or reduce slower-moving inventory before the fees increase.
Cost Control: By understanding these fees, you can implement strategies to minimize them, such as reducing the size of your packaging, negotiating better storage terms, or using other fulfillment centers if necessary.
Strategies to Manage Storage Costs
Optimize Inventory Levels: Maintain a balance between having enough stock to meet demand and avoiding excess inventory that incurs high storage costs.
Seasonal Adjustments: Plan your inventory levels based on seasonal fluctuations in storage fees, ensuring you minimize costs during peak periods.
Efficient Packaging: Use packaging that minimizes space without compromising product safety. Smaller packaging reduces the cubic footage and, consequently, storage fees.
FBA Inventory Management: Use Amazon’s inventory management tools to monitor and adjust your stock levels based on sales data and forecasts.
Inventory storage costs are an important aspect of selling on Amazon using FBA. These costs, varying by product size and season, can significantly impact your business’s profitability. By accurately estimating these fees and implementing strategies to manage and reduce them, you can optimize your inventory management and control expenses effectively. Understanding and planning for these costs will help ensure a smoother and more profitable operation.

1. Platform Commission

When selling on Amazon, it’s essential to account for the platform commission, known as the referral fee. This fee is a percentage of each sale and varies by product category. Understanding these fees is crucial for pricing your products and calculating your profit margins.
Amazon’s Referral Fees
Amazon charges a referral fee on each sale made through its platform. The percentage varies depending on the product category. Here are some common examples:
Electronics: 8%
Beauty Products: 15%
Books: 15%
Clothing and Accessories: 17%
Home and Kitchen: 15%
How Referral Fees Are Calculated
The referral fee is calculated as a percentage of the total sales price, which includes the item price and any shipping or gift wrap charges.
Referral Fee=Sales Price×Referral Fee PercentageReferral Fee=Sales Price×Referral Fee Percentage
Example Calculations
Electronics: If you sell a gadget for $100, the referral fee would be: $100×8%=$8$100×8%=$8
Beauty Products: If you sell a skincare product for $50, the referral fee would be: $50×15%=$7.50$50×15%=$7.50
Why Platform Commission is Important
Pricing Strategy: Knowing the referral fee helps you set your product prices appropriately to ensure you cover costs and achieve desired profit margins.
Profit Margin Calculation: Understanding the commission allows you to accurately calculate your net profit after deducting all fees.
Category Selection: The commission rate can influence your decision on which product categories to focus on. Lower commission rates in certain categories might lead to higher profitability.
Competitive Pricing: Factoring in the referral fee ensures your prices remain competitive while still being profitable.
Impact on Different Product Categories
High-Commission Categories: Categories like beauty products and clothing with higher referral fees require careful pricing to maintain profitability. High fees can significantly impact margins, especially for low-cost items.
Low-Commission Categories: Categories like electronics with lower referral fees can offer better profit margins, but these categories might also have higher competition.
Strategies to Manage Referral Fees
Optimize Pricing: Adjust your pricing to ensure it covers all costs, including the referral fee, while remaining attractive to customers.
Product Selection: Consider the referral fee when selecting products to sell. Products in categories with lower fees might be more profitable.
Bundle Products: Creating product bundles can help increase the average sales price, potentially offsetting the impact of the referral fee.
Platform commission is a significant cost factor when selling on Amazon. By understanding the referral fee structure and calculating these fees accurately, you can make informed decisions about pricing, product selection, and profitability. Properly managing and accounting for these fees ensures your business remains competitive and financially sustainable on the Amazon platform.
8. Advertising Costs
Advertising is a crucial component of your e-commerce strategy, driving visibility and sales for your products on Amazon. Effective advertising can help you reach potential customers quickly, but it requires a financial investment. Here’s a detailed breakdown of advertising costs, strategies, and their impact on your business.
Types of Advertising
Amazon Advertising: The primary form of advertising on Amazon is Pay-Per-Click (PPC) ads. These ads appear in search results and on product detail pages, allowing you to target specific keywords and audiences.
Sponsored Products: These ads promote individual product listings and appear in search results and product pages.
Sponsored Brands: These ads feature your brand logo, a custom headline, and multiple products.
Sponsored Display: These ads target audiences both on and off Amazon, helping to re-engage shoppers who have viewed your products.
Off-Amazon Advertising: To broaden your reach, you can also advertise on social media platforms like Facebook and Instagram. These platforms allow for targeted advertising based on demographics, interests, and behaviors.
Budgeting for Advertising
A typical budget for new sellers on Amazon ranges from $700 to $1,000. This budget should cover various advertising strategies, including PPC campaigns and social media ads.
Cost Breakdown
Amazon PPC Ads:
Sponsored Products: These are the most common and can cost anywhere from $0.10 to $2.00 per click, depending on the competitiveness of your keywords.
Sponsored Brands: These ads generally cost more per click due to their higher visibility and brand promotion capabilities.
Sponsored Display: Costs vary but can be effective for retargeting potential customers.
Social Media Advertising:
Facebook Ads: Costs typically range from $0.50 to $2.00 per click, depending on targeting options and competition.
Instagram Ads: Similar to Facebook, Instagram ad costs range from $0.50 to $2.00 per click, with the advantage of visual storytelling through images and videos.
Example Budget Allocation
Let’s allocate a $1,000 advertising budget across different platforms:
Amazon PPC Ads: $600
Sponsored Products: $400
Sponsored Brands: $150
Sponsored Display: $50
Social Media Ads: $400
Facebook Ads: $200
Instagram Ads: $200
Why Advertising is Important
Increased Visibility: Advertising ensures your products appear in front of potential buyers, increasing the likelihood of sales.
Competitive Edge: With many sellers on Amazon, advertising helps you stand out and reach customers who might otherwise not find your products.
Sales Velocity: Effective advertising can boost your sales velocity, improving your product rankings and increasing organic visibility over time.
Strategies for Effective Advertising
Keyword Research: Use tools like Amazon’s Keyword Planner or third-party tools to identify high-performing keywords for your PPC campaigns.
A/B Testing: Continuously test different ad creatives, headlines, and targeting options to find the most effective combinations.
Monitor and Optimize: Regularly review your ad performance data to optimize your campaigns. Adjust bids, pause underperforming keywords, and allocate more budget to high-performing ads.
Leverage Social Media: Use Facebook and Instagram to build brand awareness and drive traffic to your Amazon listings. Engaging content, such as videos and customer testimonials, can enhance ad performance.
Advertising is a vital part of your e-commerce strategy on Amazon and beyond. Allocating a budget of $700 to $1,000 for advertising can significantly enhance your product visibility and drive sales. By utilizing Amazon PPC ads and leveraging social media platforms like Facebook and Instagram, you can reach a broader audience and increase your chances of success. Effective advertising requires continuous monitoring and optimization, but the investment can lead to substantial returns in terms of sales growth and brand recognition.
9. Returns and Refunds
Managing returns and refunds is an inevitable part of selling on Amazon. While they can impact your profitability, understanding the associated costs and implementing effective management strategies can help mitigate their effects. Here’s a detailed breakdown of the costs and considerations involved in handling returns and refunds.
Amazon Return Processing Fees
Amazon charges a return processing fee that varies depending on the product’s size and weight. This fee is applied when a customer returns a product, and it covers the cost of handling and processing the return.
Standard-Size Products: Fees for standard-size products are typically lower due to their smaller dimensions and weight.
Oversized Products: Fees for oversized products are higher because of the additional handling and storage space required.
Example Fee Structure
Standard-Size Product Return Fee: Approximately $2 to $5 per unit, depending on the specific dimensions and weight.
Oversized Product Return Fee: Approximately $5 to $20 per unit, depending on the specific dimensions and weight.
Additional Costs of Returns and Refunds
Restocking Fees: Amazon may charge a restocking fee for certain returned items. This fee is deducted from the refund amount and can range from 10% to 20% of the item’s price.
Return Shipping Costs: In some cases, you may be responsible for covering the cost of return shipping, especially if the return is due to a defect or error on your part.
Product Condition: Returned items that are not in resellable condition may need to be disposed of or liquidated, leading to additional losses.
Why Returns and Refunds Matter
Customer Satisfaction: Efficient handling of returns and refunds is crucial for maintaining high levels of customer satisfaction and positive reviews. Poor management can lead to negative feedback and damage your seller reputation.
Cost Management: Understanding and anticipating the costs associated with returns can help you better manage your budget and pricing strategy, ensuring you account for these potential expenses.
Inventory Control: Effective return management helps maintain accurate inventory levels and reduces the risk of overstocking or stockouts.
Strategies to Manage Returns and Refunds
Clear Product Descriptions: Provide detailed and accurate product descriptions to reduce the likelihood of returns due to customer dissatisfaction or misunderstandings.
Quality Control: Implement rigorous quality control measures to minimize defects and errors that could lead to returns.
Customer Service: Offer excellent customer service to address issues promptly and potentially resolve problems without necessitating a return.
Return Policies: Establish clear and fair return policies that balance customer satisfaction with protecting your business from excessive costs.
Example Calculation
Let’s consider you sell 100 units of a product, with an average return rate of 5%. Here’s how you can calculate the potential costs:
Product Price: $50 per unit
Return Rate: 5% (5 units)
Return Processing Fee: $3 per unit
Restocking Fee: 15% of the product price ($7.50 per unit)
Return Shipping Cost: $5 per unit
Total Return and Refund Costs:
Return Processing Fee=5 units×$3=$15Return Processing Fee=5 units×$3=$15 Restocking Fee=5 units×$7.50=$37.50Restocking Fee=5 units×$7.50=$37.50 Return Shipping Cost=5 units×$5=$25Return Shipping Cost=5 units×$5=$25
Total Costs:
$15+$37.50+$25=$77.50$15+$37.50+$25=$77.50
Handling returns and refunds is a necessary aspect of selling on Amazon, and the associated costs can add up quickly. By understanding the fees and implementing strategies to manage returns effectively, you can minimize their impact on your profitability. Clear product descriptions, stringent quality control, excellent customer service, and well-defined return policies can all contribute to reducing return rates and associated costs. Efficient return management not only helps maintain customer satisfaction but also supports better cost control and inventory management.

1. Miscellaneous Expenses

In addition to the primary costs associated with setting up and running your Amazon business, there are several miscellaneous expenses that can significantly impact your budget. These costs, while often overlooked, are crucial for creating a professional and efficient operation. Here’s a detailed breakdown of these potential expenses and their importance.
Graphic Design for Product Listings
Importance: High-quality graphics and well-designed product listings are essential for attracting customers and conveying professionalism. Poorly designed listings can deter potential buyers.
Costs: Hiring a freelance graphic designer can cost between $50 and $200 per listing, depending on the complexity and the designer's experience.
Services: Graphic design services might include creating product images, infographics, and enhanced brand content (EBC) that highlights your product's features and benefits.
Professional Photography
Importance: Professional photos can make a significant difference in how your product is perceived. High-quality images help build trust with customers and increase conversion rates.
Costs: Professional product photography can range from $100 to $500 per product, depending on the number of images and the photographer’s expertise.
Services: This may include standard product shots, lifestyle images showing the product in use, and detailed close-ups of key features.
Virtual Assistant (VA) Services
Importance: Hiring a virtual assistant can help manage various tasks, such as customer service, inventory management, and order processing. This can free up your time to focus on strategic growth.
Costs: VAs typically charge between $10 and $30 per hour, depending on their skill level and the tasks they perform.
Services: Tasks handled by VAs can include responding to customer inquiries, updating product listings, managing social media accounts, and handling administrative duties.
Other Potential Miscellaneous Expenses
Subscription Services: Tools and software subscriptions for keyword research, inventory management, and sales analytics can cost anywhere from $20 to $200 per month.
Legal and Accounting Services: Professional advice for legal and tax matters is crucial. This can include incorporating your business, trademark registration, and tax preparation, costing several hundred dollars annually.
Packaging Design: Custom packaging design can enhance your brand image and customer experience. Costs can range from $100 to $500, depending on the complexity of the design.
Marketing and Promotional Materials: Additional marketing efforts, such as email campaigns, social media ads, and promotional giveaways, can also add to your expenses.
Example Budget Allocation
Let’s break down a potential budget for these miscellaneous expenses:
Graphic Design: $150 per listing for 5 listings = $750
Professional Photography: $300 per product for 3 products = $900
Virtual Assistant: $20 per hour for 10 hours per month = $200 per month
Subscription Services: $100 per month
Legal and Accounting Services: $500 annually
Packaging Design: $300
Marketing and Promotional Materials: $200 per month
Annual Costs:
Graphic Design=$750Graphic Design=$750 Professional Photography=$900Professional Photography=$900 Virtual Assistant=$200×12=$2,400Virtual Assistant=$200×12=$2,400 Subscription Services=$100×12=$1,200Subscription Services=$100×12=$1,200 Legal and Accounting Services=$500Legal and Accounting Services=$500 Packaging Design=$300Packaging Design=$300 Marketing and Promotional Materials=$200×12=$2,400Marketing and Promotional Materials=$200×12=$2,400
Total Annual Miscellaneous Expenses:
$750+$900+$2,400+$1,200+$500+$300+$2,400=$8,450$750+$900+$2,400+$1,200+$500+$300+$2,400=$8,450
Why Miscellaneous Expenses Matter
Professionalism and Trust: Investing in professional services like graphic design and photography enhances your product listings and builds trust with potential customers.
Efficiency and Focus: Hiring a virtual assistant allows you to delegate time-consuming tasks, enabling you to focus on growing your business.
Operational Smoothness: Subscriptions to essential tools and professional legal and accounting services ensure your business operates smoothly and compliantly.
Brand Building: Custom packaging and marketing materials contribute to a strong brand identity, which can lead to increased customer loyalty and repeat business.
Miscellaneous expenses, while sometimes overlooked, play a vital role in the success of your Amazon business. By budgeting for high-quality graphic design, professional photography, virtual assistant services, and other essential tools and services, you can create a professional and efficient operation. These investments not only enhance your product listings and customer experience but also free up your time to focus on strategic growth, ultimately contributing to your business's long-term success.
Summary
Setting up and running an Amazon business involves various costs that need careful consideration to ensure profitability and efficiency. Here’s a summary of the key cost components:
Product Selection Tools: Essential for choosing profitable products, with popular tools like JungleScout ($49/month) and Helium10 ($79/month). Free alternatives like 4SELLER also provide valuable features for product selection and inventory management.
Initial Stock Costs: Depending on the product type and quantity, initial stock costs can range from $1,000 to $3,000. Starting with 200-500 units is recommended to test the market without overcommitting financially.
UPC Codes: Necessary for product tracking, these should be purchased from GS1. A pack of 10 UPC codes costs $250 initially, plus a $50 annual renewal fee.
Shipping and Distribution Costs: Includes fees for shipping products to Amazon’s warehouse and Amazon’s Fulfillment by Amazon (FBA) fees, which range from $2.92 to $6.13 per unit. Shipping small items might cost around $4 per unit, while mid-sized products could cost $8-$12 per unit.
Inventory Storage Costs: Monthly fees for storing products in Amazon’s warehouse vary by size and season. Standard-size storage costs $0.83 per cubic foot from January to September and $2.40 per cubic foot from October to December. Oversized storage costs $0.53 per cubic foot and $1.20 per cubic foot during these periods, respectively.
Platform Commission: Amazon takes a commission on each sale, typically between 8% and 15%, depending on the product category. For instance, electronics have a referral fee of 8%, while beauty products have a fee of 15%.
Advertising Costs: To drive visibility and sales, set aside $700-$1,000 for advertising. This includes Amazon PPC ads and potentially social media ads on platforms like Facebook and Instagram.
Returns and Refunds: Handling returns incurs costs, including Amazon’s return processing fee, restocking fees, and return shipping costs. These fees vary based on product size and weight.
Miscellaneous Expenses: Other costs include graphic design for product listings ($50-$200 per listing), professional photography ($100-$500 per product), and virtual assistant services ($10-$30 per hour). Additional expenses may include subscription services, legal and accounting services, packaging design, and marketing materials.
In total, you'll need at least $5,000 to start an Amazon FBA business today. Plus, you'll need to spend a lot of time managing your store and optimizing your product listings. This includes continuously monitoring your sales performance, tweaking your advertising strategies, and keeping an eye on competitors to stay ahead in the market.
By understanding and planning for these costs, you can effectively manage your Amazon business, ensuring it remains profitable and efficient while maintaining high levels of customer satisfaction.

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[REQ] ($500) (#Indianapolis, IN, USA) (Repay $700 by 4mar22) (Zelle, Cash App, Venmo, PayPal)

Post contents

My job fucked me - shorted about 1.5 weeks on this paycheck. I’ve calculated and $500 should get me through the end of the month. I’ll be able to pay a minimum of $200 on 18 Feb 22 and the rest by 4 Mar 22
My tax refund should also come in, in which case I’ll repay sooner than the 4th!
I haven’t ever done this before, but will happily provide proof of income if anyone needs!
Thank you so much in advance

Hi there, thanks for reading. Facing a situation where I might be moving in with my GF and ideally would not want to sell my flat just yet. So I have been trying to calculate my breakeven rent.
I am a higher rate taxpayer, so no allowance - I understand there is a £1k allowance anyway for rental income.
Where I am most confused is allowable expenses - Can I or can I not deduct the mortgage interest? And if I can, how much of it?
Then I assume the tax will be 45% on net income having reduced allowable expenses?
Thanks a lot in advance - It seems that breaking even will be next to impossible even in this high rental market, and in a way I appreciate this as it disincentives property speculation.

Highlight the following benefits: This is my personal opinion, but you may disagree with me!
Budget Planning: AI analyzes your spending habits much more deeply than you might on your own. This leads to tailored recommendations and insights you wouldn't uncover manually. In addition, it can process massive amounts of financial data, like budget plans, spending analysis, and savings suggestions, in seconds.

On a separate note, I want to mention the fight against impulse buys. AI eliminates emotional spending triggers often associated with human budgeting. It sticks to the data, promoting financial discipline.

"Create a budget template that will work with my income and spending habits. I want something I can easily track and modify." 

Accounting and Tax Compliance: Modern platforms track changes in tax rules and legislation in real-time, alerting you to updates that could affect your life and work. This reduces the risk of non-compliance and potential penalties. If you set up your assistant intelligently, you may even be able to prevent problems in some cases.

And, unlike a real financial advisor, AI platforms are noticeably cheaper and available 24 hours a day, 7 days a week

Here's a prompt you can use:

"Explain the key financial ratios and how to calculate them. Provide examples of how to use them to assess my business health." 

Investment Management: AI is increasingly important in trading, as financiers make trades using algorithms. And if the best experts are using it, why shouldn't we? AI platforms are trained on vast amounts of data, allowing us to identify patterns humans might miss. This helps ensure the integrity of financial data and reduces costly errors.

In addition, some platforms can assess risk tolerance, financial goals, and market conditions to generate customized portfolio management recommendations.

Here's a prompt you can use:

"Summarize the current economic climate. Highlight key indicators (e.g., inflation, interest rates, GDP) and their potential impact on my investment portfolio." 

These points add to a common conclusion regarding one fundamental advantage: data-driven automation. AI can quickly handle routine and time-consuming tasks, allowing us to make more educated decisions or free up time for more enjoyable activities.

Out of the gate, yes, I know we screwed up. I’m an idiot. Anyway.
Bought a used car a few years ago from a private seller. It has electrical problems that we thought we could fix, and it turns out that it’s more than we can handle, or rather more than life will allow us time to learn. We towed it home at the time, it’s never been driven during our ownership, and now I just want to figure out what my options are in terms of getting rid of it. The bill of sale says “as is, where is” and it doesn’t turn on, if that makes a difference.
This was right before the pandemic when nothing was really operating normally, so we never registered it or payed taxes on the sale. Over time anxiety got the best of me because I know penalties get worse and worse over time, and of course avoidance makes anxiety worse in the long term but it’s so effective in the short term… I’ve googled this to death and haven’t found anything useful in terms of what I can expect in terms of tax penalties, registration penalties, etc.
My goal: to not own this car.
My dream: to sell it for what ever it can get (I’m not ambitious here)
My questions:
1) What is this going to cost me? Is there a way to calculate the tax penalty? What’s the penalty for not registering a non-working vehicle?
2) Is there a smarteless stupid way to get rid of the car? I’m honestly open to any and all advice on this topic. I’d like to make some money back, but I mostly just want it gone.

Nitefeeder just soared past $2.7m market cap moments ago, clearing significant resistance. It's now nearly tripled in value since my initial post last week.
Is it mere coincidence that I posted during BTC's local bottom? How did I anticipate Nitefeeder would storm back? And why does the marketing wallet continue to grow with donations, yet none have been utilized?

Everything is Calculated.

Reflecting on my journey in crypto over the past nine years, I got rugged many times, endured losses of over $150k. I kept getting frustrated that I wasn't ever "lucky" without ever putting in the requisite effort. I was selfish and thought everything would be handed to me.
I was in crypto for all the wrong reasons. So one day I decided to make my personal goal to buy my parents a new house. And that's when it hit me: nothing is given, everything is earned. Witnessing my parents work tirelessly at multiple jobs just to make ends meet reinforced this lesson.
Determined never to fall victim to rug pulls again, I devoted myself to learning how to code. I learned technical analysis, how the blockchain worked, how to read etherscan, how to read and write Solidity and gained the ability to anticipate rugs. I wrote my own bots that helped me find alpha before it became mainstream. I learned how to follow the money.
Fast forward to today, I bought my parents a home and securing one for my fiancée and me. But none of this came without relentless grind. Every. Single. Day.
Consider the people that made millions off memecoins. Did they merely stumble into luck? Sure maybe a small amount did but the majority earned their wealth through rigorous research and hard work. Now back to Nitefeeder: how many memecoins do you see with $105k+ donated to the marketing wallet while the market cap is still under $3m? Do you think our ambitions end here? We're merely scratching the surface, with far greater aspirations in mind.
Now, the choice is yours. Will you remain just a passenger on the plane? Or will you want to take control and transform your goals into reality? Nitefeeder has ALL the ingredients to be successful. Spread the word, and you too, will reap the rewards!
CA: 0x85f7cfe910393fb5593c65230622aa597e4223f1

• Dextools: https://www.dextools.io/app/en/ethepair-explore0x1ce1f63b584b87d0f3706bfbb2be881270859f0b?t=1715306287962
• Website: https://nitefeeder.site
• Coinmarketcap: https://coinmarketcap.com/currencies/nitefeede
• Taxes: 0/0
• Contract Renounced
• Liquidity Burnt
• 100% Community Takeover
• Telegram: @ nitefeedereth
• X: https://NitefeederToken

I started my journey with Origin last December, after growing frustrated with the amount of time I was wasting trying to customize Monarch Money, Simpifi and other fintech apps to fit my needs. The simplicity approach Origin takes just works and makes me feel less stressed and more confident about my finances than before. Below, I tried to squeeze in everything I could think of for now. They added the credit card bill tracking quickly, so that's one off the list!
Top things Origin does phenomenally:

1. Present the information in a clear, consistent layout. The cards are well thought out (e.g. Recurring transactions, Credit Card bills, For you info). It's honestly kind of a calming experience compared to some competitors because it's not bloated with too much information.
2. Account connections (From Robinhood, to my 10 bank accounts, Schwab HSA, retirement account (with 401k AND Pension) they have some of the best connectivity. While the TSP connection isn't quite fully working just yet, their customer support has been stellar at keeping me updated. Shoutout to Alex, Robin for their help!
3. Making sense of it. 2 things of note here....
   1. On the home screen, there is a card that shows you the next day you will be paid. THIS IS AWESOME! Just right there, without having to check the last time I was paid and then calc 2 weeks.
   2. The way you go about adding your vehicle as an asset (although depreciating), BUT also adding a Loan during the process to keep your assets/liabilities straight is something many competitors fail to realize is essential for keeping your net-worth accurate.
4. Fully featured: Centralized view of cash accounts, investments, spending, budgeting, credit card bills and more. It sounds like it shouldn't be hard, but the layout, functionality, and consistency just work. I haven't re-entered my credentials for accounts in a long time, they sync daily, and I've yet to notice any bugs in the mobile app or web-app.

High Priority:

1. Goal Tracking: Integrate goal tracking or "goal investment accounts" similar to WithPlenty
2. Sankey report: Look to Monarch money for inspiration.
   • A Sankey view of your cash-flow (in the web-app) would be amazing. This truly is the best visual representation as to where your cash is going from income downstream.
     • If we can visualize our spending towards necessities, wants, and investments (maybe with tags?) this would be huge.
3. Credit Card bill tracking

Medium Priority:

1. Spending Transaction Customization
   • Edit transaction names (e.g., rename "Apple" subscriptions)
   • Ability to mark transactions as recurring in the recurring transactions list
     • While the algorithm or ML currently being used is quite good, it'd be nice to be able to go through your own list of all your recurring bills and align them. I seem to have a few such as some Apple subscriptions, and once-a-year charges that aren't marked currently.
2. UI/UX:
   • Consider offering emoji support for spending categories.
     • For example, there is no drink icon. So if I make a separate category for drinks (e.g. coffee specifically or alcohol, I'm probably going to use the food icon. This could be better differentiated with built-in emoji support.
   • Explore additional color options for budget categories.
     • Most users are probably adding at least a few additional custom categories, and with the limited amount of colors available, the Breakdown looses some of the clarity.
3. Security: Consider offering passkey, token-based MFA, and a "remember this device" option.
4. Notifications:
   • Having the ability to setup SOME useful notifications (we all are already inundated with notifications) may be beneficial.
     • For example, for purchases above $500, or for a specific account with a balance lower than X.

Low Priority:

1. Origin Invest account asset allocation: no percentages show at a top-level on the 'Asset allocation' card when you go into your Origin Invest account details. Not sure if this is a bug or not, but it'd make sense to just show a top-level percent between US Stocks, Intl Stocks, etc.
2. Dark Mode: Implement a dark mode option. Check Chime bank's dark mode or Dark Reader extension for inspiration.
3. Tax Filing Enhancements: Improve the user experience with Column Tax
   1. Allow users to reset their progress in the tax functionality with Column Tax.
      • Context: I didn't complete my taxes with Column tax this year, because I had free filing through TurboTax since I'm currently deployed in the army. I wanted to check out the functionality though, and then had 'resume taxes' show up in the app.
   2. Use OCR to import documents and pre-fill forms like TurboTax
      • Would be a huge time-saver throughout the process. That said, the fact that it's included with Origin is a huge PLUS in the first place.

Areas of improvement for clarity:

1. Setting up Origin investments:
   • When I first setup my Origin investment account my first deposit failed. I didn't know why it failed, couldn't see any additional info, and couldn't change the bank info. The next deposit was successful, but it gave me a slight pause using Origin investing considering I had no insight.
2. Excess cash on hand:
   1. I love this metric. My only issue with it was until I had excess cash on hand, I had no idea how it was defined. Once you have excess cash on hand, you can select 'adjust investing strategy,' which then shows you an option of 'How do we calculate?.' Once I found this, I had a better understanding.
      • One improvement to this would be tying this into Goal tracking as stated in the feedback above... e.g. I have some goals that are near-term (e.g. 0-6 mo vs some that are greater than 5 years).

TLDR: For $13/mo or ~$156/year, Origin provides account tracking, spending and budgeting, Net-worth tracking, Investing without AUMs, and a few other niceties such as Tax prep and Estate planning. They do a stellar job with the layout of their app using cards. Information is clear, nothing is missing, and it is concise. New features are being added quickly, and customer support has been solid. Above I've made a few recommendations for improvements, some of which they've already executed on!

payseur family
Here are some things what may be associated with world control
My answer is central banks. When looking into the makings of central banks and financal affairs in the uk and europe i came up with this
Some interesting links to consider. Finance has been run predominantly by jewish families long before 1066 when William the conquerer borrowed significant funds in securing his throne in England from French Rouen Banking family, name still undisclosed. If anyone knows let me know.
government bonds from 1066 in the british library
The Worshipful goldsmiths company a 700 year old group of investors to this day buys up government guilds aka bonds aka loans. Aswell as owning vast estates in and around london. This was formed after the jewish were originally exiled from britian for controlling the UKs finances between 1066 and 1290 🤔 ( insert capitalism cloak and dagger) hide behind a business
a group of goldsmith lenders unnamed but prominent figures in london financing that formed the basis for the state bank of England This company became of interest to me, little is said about who founded the goldsmiths company other than goldsmiths of the time. But they controlled london finance as they were the gold standard by royal charter. Coincidence?
I wonder who these prominent people were that formed vastly wealthy corporation that controlled englands gold from then until now. 700 years ago goldsmiths were almost all jewish as in england lending money was strictly forbidden in Christianity (if you weren't Christian in england 1000 years ago what even were you?
Also note the Rothschilds family owned the building to the royal mint for the last 200 years. Strange that🤔
royal mint
Also an interesting financial scale. Jewish law states that jewish can only charge interest to non jewish. So if a huge percentage of banks are jewish owned and only charge interest to non jewish that would denote a pyramidal scale. Note the largest hedge companies are jewish owned.
halachah or jewish law
Now i am not saying this is the entire jewish race, but certainly prominent familes hidden behind a cover of a capitalist system that obscures it for what it is. If you have checked out the links above note- from jewish sources. You can start to imagin how long the banking business has been going on for. If halachah must be followed that would mean continual money supply into a pot for one race from everyone else.
Some examples of said families
rothschilds family archives
The duke of wellington recieved 1 billion in 1815 now worth over 20 trillion in todays money. This is supposedly being still repaid by british taxpayers today.
Can you imagin what interest repayments the Rothschilds must be recieving for a loan that's over 200 years old. Calculations below
Oh and guess who funded the loan to pay slave owners for freeing slaves. You guessed it the Rothschilds and Montefoire family if you haven't already come across the latter another one to consider.
Rothschilds and Montefoire
The slave ownership loan has only just been repaid by british tax payers only a few years ago. If you understand how loan repayments work from mortgages you can imagin what a 200 year old loan does to the total repayment cost.
For those unable to work it out 15 million over 200 years at 4% works out to a total repayment of 38,261,246,866.00 thats just over 38 billion. So where is all this money as their net worth vastly differs 🤔.
I believe that we are built on a system of finance, either capitalist who want a share of other nations interests or communist who want to retain the financial system for their own.
who ever owns the finance owns the world.
Im not sure who secretly runs the countrys of the world but in delving deeper into the history behind finance i found the above. Some will say this is antisemetic trope. But everything i looked up was backed up by jewish authors and resources. Jewish chronicles being one of them
Thodore Herzle is another prominent name in zionism as its founder who started the zionist movement from Basel switzerland, the mothership of all central banks the IBS International Bank of Settlements. He also founded the jewish colonial bank which later became the central bank of israel
jewish virtual library source
Its interesting that more of this is not known or more public knowledge, or is that the point keep this buried and call everyone antisemitic for brining it up?
Whilst im not from the US, its domination in war time affairs raises some questions. As war requires large bonds borrewed from the prominent families mentioned above. Creating debts that continue to be paid by tax payers. Worth researching who bought the long term bonds for the covid packages and Ukraine/ Israel piggy bank.
Nearly the entire biden administration is made up of jewish, so theres no wonder why he keeps vetoing everything. A list below of his jewish team.
biden administration jewish team list
and well the US economy has a big hand in debt making and taking. If you arent with it, your in the way as many countries have found out the hard way.
I have lots more, but conscious this is long and getting bored now.
Enjoy your rabbit hole hunting

I've seen a few posts asking for recommendations here, I keep recommending Meta Win to people because for an online casino I honestly think it's as fair as you can get. You can connect via your web3 wallet too, if you didn't know with your web3 wallet (I use Coinbase) you can withdraw whatever amount in seconds with no checks.
You can sign up and connect your wallet in seconds with no KYC verification. Use a VPN to play the games, there are free browser extensions for this. I usually choose Russia or New Zealand as my location.
From the MetaWin twitter: "When you deposit with your Web3 wallet at MetaWin, your funds arrive into a player funds wallet that runs on autopilot. When you win $100,000 and hit withdraw, we have no control over that payout. It’s yours in 2 seconds."
Skel, the billionaire owner who is very active online: "The Key is having less control as an operator over time. ".
And for the RTP, taken from their website: "At MetaWin, transparency and player experience is core of everything we do.
Our RTP, or Return to Player, isn't just a metric; it's our pledge to offer you the best possible gaming experience. All games are configured with the maximum possible win settings at MetaWin.
RTP Explained: for every $100 wagered, a game with an RTP of 97% returns around $97 to its players over time. The RTP is calculated over long sessions of play, (1 Million+ spins) and will fluctuate a lot in shorter sessions.
It's crucial to note that operators can select which version of the game we publish. Generally a game such as Gates of Olympus is available in Low, Med, and High payout settings. Operators don't show you which version they run, you have to dig through the game docs to find it and most of the time it's not the high one. At MetaWin we've made it easy to verify the RTP of the game you're playing. We publish the number directly below each game tile and we guarantee we only run the highest payout modes site wide.
At MetaWin, it's not just about playing. It's about playing with intelligence, with transparency and integrity that you won't find anywhere else."
I have experienced this RTP for myself a few times and it really exposes how some Casinos nerf their games.
Try Meta Win signing up is easy, no KYC.

If I have $500 in my HSA with Optum bank, and I use all $500 for NON medical purposes , could someone please calculate exactly how much I would pay in penalties by next tax season given that I have a 24% marginal rate ?

Hey everyone, this will be my first attempt at a serious post on this sub. I’m not exactly practiced in articulating my thoughts (I’m more of a fiction writer) so please bear bull with any mistakes and please correct me if I’m wrong. The last thing I want to do is spread misinformation, I’m not an expert (or a financial advisor) on any of this. I'm here to learn, not to teach.
This post will be the first in a series of me reading through the entire Diamond Handbook (2nd) and just commentating on points I find interesting or discussion worthy. I will be asking questions as well as giving my own personal thoughts based on my understanding of the events that have transpired. I became an ape right after the sneeze, and followed a lot of the discussions back then, but have been zen for a while so I haven't fully kept up with a lot of the new developments.
I haven't actually sat down and read DD in a long time, so I decided to give myself a refresher and actually look at the Diamond Handbook (2nd) for the first time. I had read a lot of these posts as they had come out, so I had never felt the need to look at the full PDF before. For the apes that haven’t read it either, I recommend giving it a read. You can find the full DD library in the pinned post of this sub, and the Diamond Handbook is the first one there.
As I have been reading it, I’ve quickly realized that some of the stuff is a little outdated. That can’t really be helped since so much DD has been done between then and now, but this brings me to the two reasons for this post. The Diamond Handbook is likely the first piece of DD a new ape will be recommended; I want to spark discussion to clear up some things that are misguided or outdated in this handbook. The second reason is more of a personal challenge. Whenever someone denies the legitimacy of the DD, an ape usually responds by saying something like “Well, read the DD and prove it wrong”. The average MOASS denier won’t do this though, in my experience they just think it’s ridiculous on a conceptual level, and won’t take the time to actually look through all the DD available and construct a proper debate. I can’t really blame them for this though, spending so much time on something you have no interest in doesn’t sound like a fun time.
But I have a lot of interest in this, and I am an aspiring author who writes 400K word fanfictions for fun. I’ve got the time and the writing willpower. I am very big into trying to understand how a reader will interpret a piece of my writing, so I’ll be looking through that lens and will be writing this with the assumption that you have already read the Diamond Handbook (2nd). Please take the time to respond/correct what I say here, I want to learn.
With all that out of the way, let’s get started.
​
The Mother of All Short Squeezes (MOASS) Thesis, Published on May 26, 2021, by u(slash)HCMF_MACEFACE
Before we even get into the meat of this section I already see a bit of an issue. A lot of the language implies that MOASS is imminent, take this section for example:

*“If you don't believe me, just look at the chart of GME which our DD (Due Diligence/research/analysis) has been forecasting for a while now. The below pattern has only preceded massive spikes in price, but this time, those on the other side of the trade are going to have a much harder time suppressing the price like they did in January and March. Thanks to the activity on 5/25, we have entered the end-game. The MOASS is beginning.”* 

I think most new apes will look at this, then look at the date of posting (three years ago), and think this is delusional thinking. They will say that MOASS did not ‘begin’ because it hasn’t happened yet. This would be pretty short sighted though, GME has always been a Deep Value investment, long positions are called long for a reason. ‘Buy and HODL’ is such a repeated mantra because that is the investment strategy most apes employ. Like most investments, it takes a long time to realize gains. Your retirement account will be growing for 40+ years before you cash that thing out, GME is my retirement plan so I don’t expect it to be much different.
Just because the sneeze happened in a week doesn’t mean MOASS will, in theory it should be a very long event as both the shorts and longs have a test of wills to see who caves first. However, the sneeze was the ‘beginning’ because it was exposed a lot of the fuckery that is going on in the market right now, I think that is the message that should be taken from this section.

*“These terms are key to understanding the theory and speculated value of a GME investment. Hyperlinks to Investopedia, "the world's leading source of financial content on the web", have been included for most market terms and concepts and it is recommended to check them out if they are not clear. We will be breaking down some of the more complex terms and concepts within the post and framing them within the context of GME.”* 

After the introduction, this post does a great job of explaining all the concepts of the stock market that are relevant to the MOASS thesis. However, I do wish it mentioned some other stock terms for the sake of new investors. Since none of the DD is supposed to be financial advice, I can’t really blame them for these omissions, but at the beginning the OP does say they wanted the post to be good for newer investors, so I think some more pointing in the right direction should’ve been provided. I do appreciate the link to Investopedia, but this DD is already a novel, and the average reader might forget about that link by the time they finish it. So an additional link should’ve been provided at the end.
The two big concepts I see missing are Options and Wash Sales/Stop-Losses.
Options are interesting because they create a different type of buying/selling pressure compared to just buying/selling stocks regularly. There are concepts like gamma ramps and stuff that can be relevant when discussing catalysts for price movement. However, options are pretty scary for most investors, I’ve only ever bought one, and forgot about it so it auto-exercised for me (lol), so it’s not a concept I would call essential. I just think it’s better to be educated than not.
The much more egregious omission is that of Wash Sales and Stop-Losses. Wash Sales are extremely dangerous to new investors who still make decisions based on emotions and are not used to the volatility that comes with GME.
If you are unfamiliar, a Wash Sale is when a person sells a stock at a loss, then buys the stock again within a short period of time. As an example, let’s say you bought a stock at $50, then the stock goes down to $40.00 and you no longer feel comfortable with your investment. You sell the stock at a loss. You lost $10.00 on this transaction, but it’s not all bad. When you go to do your taxes, you can report this $10.00 loss to the IRS. This is good because if you make a $10.00 profit off another trade, you now don’t have to take taxes out of that profit, since the IRS will see this as you breaking even in the grand scheme of your portfolio. You didn’t actually make any money, so they aren’t going to tax you for it.
A Wash Sale is triggered when you buy back the stock you sold in a short period of time, this can even apply if you buy a stock in the same sector. So if you buy a stock at $50.00, sell it at $40.00 then buy it again. That $10.00 loss you took can no longer be reported to the IRS as an actual loss. So when you make $10.00 on some other trade, the IRS won’t see you as breaking even, they will tax you on that $10.00.
For a stock as volatile as GME this can be very dangerous, I know people who brought in the peak, then as the price went back down they triggered a Stop-Loss (auto-sale you can program to trigger when a price falls), only to then buy back in when the stock dropped even lower, creating a wash sale that fucked their taxes.
We say “Buy and HODL” a lot, but I think the ‘why’ of it has been lost in the meme. I personally buy and HODL because averaging down is a lot better for me than accidently triggering a Wash Sale. I fucking hate the IRS and don’t want any of that smoke.

*“SPOILER: GME and \[Popcorn\] have tons of FTDs reported.”* 

I just kinda don’t like the mention of the Popcorn stock here, it has never been a deep value investment. If you are unfamiliar with the Deep Value investment strategy, please take a look at the old Roaring Kitty livestreams. In summary, Deep Value investing is defined by looking for stocks that are extremely undervalued and unpopular due to no fault of the company. These external factors that are making the stock undervalued can be anything, shorting, COVID, stuff like that. But what makes it a Deep Value investment is always strong management within the company. If the company is not mismanaged in any way, then it is very unlikely to go bankrupt, and will have opportunities to make a comeback. GME has Ryan Cohen leading, a proven successful businessman that has already taken precautions to ensure GameStop never goes bankrupt. Popcorn just doesn’t have that. It is very short-squeezable, but it’s not deep fucking value.

*“Short sellers must eventually close, or cover, their short position.”* 

Ok, but why ‘must’ they? This is another point I think has been lost in the memes. There are two problems with just saying ‘shorts must close’ without providing context. The first is the simple fact that there isn’t a due date. Unlike a common car loan or mortgage, a short position doesn’t operate on a time table. They can wait forever to close, unless they get margin called.
This next part I’m a little shaky on, I’m probably getting some things wrong here:
Ok, well how are they going to get margin called? The problem I see is that these Short Hedge Funds (SHF) are making a lot of money by selling naked shorts. It’s really hard to get margin called when they are literally printing money, and since they don’t have to report these their books just look to be filled with an infinite amount of cash.
So, there are a couple solutions to this:
1, Government regulation. If the SEC puts a stop to naked shorting, these SHF can’t print money anymore. Eventually the interest from their positions will eat them alive, and they will get margin called. Unfortunately, MOASS has the potential to destroy the economy like in 2008, so they probably aren’t too keen on just doing this without creating some kind of safety net. So I can’t really count on them to help, because the government has a vested interest in keeping MOASS from happening. It’s just not something I believe will be the catalyst. Although they might just do it on purpose given the right reason, like pinning the economic collapse on a scapegoat, or by GameStop forcing their hand by exposing the fraud somehow. I’ve seen a lot of apes hoping for one of these reasons to come to pass, but for me, I don’t see enough motivation from the participating parties.
2, A price run-up. If the price of the stock can unbalance the books of the SHF enough then they could also get margin called. I’m not counting on this either, since the price is manipulated by the process of naked shorting. Sure, they are digging a bigger grave when they suppress the price like this, but it can also help smaller SHFs with exiting their positions with OTC stuff. Over-The-Counter trades are trades made off the lit exchanges, historically it was intended to kind of simulate a transaction between two individuals, like buying a video game from a buddy off the books, no taxes, no regulation. Unfortunately, this is abused by institutions and can’t even be used by individuals, making dark pools of trades full of fraud and undermines the free market. Smaller SHFs that are more at risk of getting Margin Called due to their lack of collateral, can make OTC trades with the big naked-shorting market makers to ‘close’ their positions using fake shares. Of course, this only passes the buck so to speak, but it’s a viable strategy for them since the big SHFs that take on these ‘bucks’ are less likely to get margin called. A lot of historic short squeezes happen because a small SHF gets margin called, then drives the price up and causes a bigger SHF to get called, and so on until they’re all in the grave. This is why I don’t really give a shit if the price goes up to $80 in a week, it’s not enough, the buck has been passed. (To be clear, I don’t have proof that this is the reason for the uptick in OTC transactions, it’s just a theory. If a smarter ape than I can get on this that would be great.) But, even if a price run-up itself doesn’t cause MOASS, it may give motivation for the true trigger:
3, Interest Rates. Here is the big one that I look at, that I believe will be the true cause of MOASS. Now please, correct me if I’m wrong again, I am just an ape who dropped out of college. So, from what I understand a Short institution has to pay a certain amount of interest to the people they borrow the stocks from. This is the cost of borrowing and is how these Lenders make money. For a long time, the interest rate was at like 1%, this means that selling one naked short could cover the cost of the interest 100 times over. However, let’s say that the interest rate becomes 110%, sounds crazy, but this would mean that borrowing the share would cost more than the share. This would destroy the balances of the SHFs and ensure they get margin called. Why would this ever happen though? Because these lenders want to make money. These lenders are the real winners of MOASS, and they aren’t talked about enough in my opinion. Lenders can’t sell the shares they’ve lent out, their income is in the interest rates, there has to be a balance here between it being more profitable to lend the shares or to sell them. If Lenders start to think that lending their shares aren’t making them more money than the alternative, they will raise interest rates to make these profits until SHFs can’t pay them, then the SHFs have to return the shares, causing MOASS with the massive buyback, then lenders can just sell the shares on the way down. Lenders have a monetary business interest in causing MOASS, so they are the most likely cause of it in my opinion.

*“This is the GME MOASS thesis. GME is a stock that stands to hit an unprecedented price point due to the fact that manipulators of the market have failed to bankrupt GameStop thanks in huge part to the Legendary Keith Gill AKA* u(slash)DeepFuckingValue*, Ryan Cohen, and all of the GME investors who took part in this saga. It may not be today, this week, or even this month, but one day soon, these toxic participants have no choice but to buy the stock to close out their short positions.”* 

I don’t think this is necessarily inaccurate, but I think it’s misguided, and the language here is a bit to emotive for my taste. I think the reason the company didn’t go bankrupt is because of the strategic share offering made by Ryan Cohen to build up more cash than the company’s valuation (at the time). All the other stuff was just dressing, DFV and retail did not make RC do this, this move by RC is what ensured the company literally can’t go bankrupt, until then (and at the time this was posted) it was still a risk in my opinion. So this huge thanks feels kinda like a pre-cum celebration, and I've never really liked putting Keith on a pedestal, he's just an individual investor, just like the rest of us.
​
FAQ, Published April 12, 2021, by u(slash)BYE_TRIANGLE

*“Why does Holding do anything?”* *“They need your shares to cover their short positions! They got greedy. Thinking GameStop would fail, the short sellers started Naked Shorting the stock. Long story short they created synthetic stocks with their special privileges as Market Makers. But they can’t cover a short with a synthetic share. So because of the Naked Shorting, the Short Sellers, multiple large greedy money managers, and Hedge Funds need a total number of shares greater than the number available to purchase. THEY NEED EVERY SHARE, EVEN YOURS CONAN!”* *“aRe YoU GuYs MaNipuLatIng THe MaRKeT?!”* 

Holding does something else that I think is really important. It proves that retail is not responsible for the manipulation of the price. You see it in the mainstream media every time the price fluctuates, they say that retail and Roaring Kitty is driving the price up for the memes, and that the ‘meme stock craze is dead’ whenever the price falls, claiming that retail is selling. However, it quickly becomes clear to anyone with the willingness to research that retail holds. Holding doesn’t move the price at all, so they literally can’t blame this sub for the fuckery that happens.
Now, on the flip side, I know people on the old sub to buy and sell with these fluctuations, they did it during the sneeze and I’ve seen comments claiming to do it last week. I think this is why Roaring Kitty really had to speak to congress about this, because a legitimate-seeming argument could be made that retail was buying and selling at high volumes. The loss and gain porn on the old sub could be presented as evidence. Here though, apes hold, we glaze purple doughnuts.
So when MOASS does happen, the massive price increase will be only due to buying pressure from SHFs, so they are the only ones that can take the blame for what happens next.

*“No one knows how high the squeeze could take the stock price. The best rational reasoning says that these numbers \[500k per share\] are possible through the laws of supply and demand. Furthermore, it is likely that the Short Percentage is a lot higher than reported, with many suggesting that the short-sellers, cumulatively, need more than 100% of the float to cover.”* 

A lot of naysayers will claim people are insane for thinking that phone number prices are possible. They will cite that it would make the company’s valuation higher than the amount of money in the world, which is true. However, with the nature of fraudulent naked shorts being fake, the price is fake too, and the valuation of the company doesn’t necessarily mean that the whole float will be sold at those prices. Yes, it shouldn’t be possible, by all accounts it wouldn’t make sense, but it is possible due to the naked shorting. Also, institutions that own shares likely won’t HODL out for the phone number prices, they will sell when they think it’s safe, and when they won’t get in trouble with the SEC for destroying the economy. The infinity pool (the shares that will be sold at these prices) will be a small fraction of the total amount even among retail investors. So the argument that I see against the possibility of this doesn’t hold a lot of weight.
Keep in mind that even though ‘buying pressure’ moves the price up, someone has to be willing to sell in order for someone to buy. So as the price creeps up from $100 to $1000 to $100000 to $8675309 someone will be selling on the way up to get there.

*“Synthetic long positions could be used to disguise their short positions as well, the mechanisms behind this practice utilize the options markets and could explain some of the crazy options activity that we have seen in GameStop the last few months.”* 

So uhm… I don’t understand ‘Synthetic Longs’ at all. Could an ape with more wrinkles elaborate on this? From what I can extrapolate, this may refer to an institution purchasing a naked shorted share from someone else?

*“While at the same time they employed the use of social engineering to slowly depress the positive sentiment for the stock on Reddit and elsewhere.”* *“You may have been called a Shill for one of a number of reasons. This community is very inclusive and open to everyone, but because of the blatant attacks this forum has suffered a lot of people are understandably paranoid. (Myself included). Please, unless you really are a shill, don’t take it personally.”* 

I want to address this, because there is a lot of misconception about SuperStonk. A lot of people will claim that this sub is just an echo chamber cult that can’t handle anyone questioning the narrative. This may seem true on the surface, but I think the reality is just that we’ve become hyper sensitive to the social engineering the old sub fell victim to, and I remember this sub being attacked with that as well. So whenever we see a post that has extremely emotive language, we become skeptical and down vote it. Emotions have no place in investing, that is a common rule touted in even the oldest investing books, so posts that try to incite an emotional response are shot down. Apes aren’t about to be manipulated again. That being said there are emotive posts that still get upvoted, ones with positive hype-filled narratives. Since these get upvoted and the negative ones don’t that sometimes gives the impression of an echo chamber. This is because the facts do support the MOASS thesis, so a hype title and opening paragraph is just more agreeable with the facts-based narrative. Some people are just scrolling on their phone and don’t have time to read the whole post.
However, if you go into the comments of these posts, there are apes investigating the profile history to determine if posters are bots, regardless of the pushed narrative. If you look past the upvote counter, apes are very skeptical of any post that isn’t based in fact or harmless memes. The comments rule the post, and I have to say I’ve very proud of this sub for staying vigilant in the wake of Reddit restricting moderation tools.

*“Ryan Cohen clearly believes in Gamestop, to the point of announcing that he will be taking equity as compensation. In fact, as of writing this all of the new Gamestop board members are going to be taking equity as compensation. This is seen as an incredibly bullish sign of the company's future success.”* 

This is one of the principles of Deep Value investing, I wish this was elaborated on more of why this is bullish. This means that the board, and more importantly Ryan Cohen, is tying their individual self-worth to the company. Due to this tie, they will essentially ‘go down with the ship’ if the company goes down. This means that the board and Ryan actually have an interest in the company doing well, instead of having an interest in making money off the company. You may think this sounds like the same thing, but it’s not. If RC cared more about money than the company, then he could destroy the company to make money (this is what’s happening to popcorn), but by tying his worth to the shares, the only way for him to become richer is for the company to flourish.
I don’t really like the language being used here, stuff like ‘clearly believes’ ‘seen as incredibly bullish’ are all pretty emotive and doesn’t actually explain why these are positive growth signs for the company, they are just saying it is ‘bullish’, the average new investor isn’t even going to know what that really means. Even though GME is extremely manipulated, causing Technical Analysis to become increasingly difficult to depend on, the investment is still rooted in fundamentals of deep value.

*“Below is a shortlist of some of the potential catalysts people are speculating about:* 

-A Stock Split, or some similar move from Gamestop that recalls shares
-Gamma Squeeze
-Gamestop’s Q1 Earnings Call
-Some speculate Gary Gensler (Newly appointed head of the SEC), may make some move that sets things in motion
-DTCC rule changes taking effect
-Appointment of a new CEO”
Yeah… this feels bad man. I’ve talked about this already, but we can rapid fire down this list.
The stock split didn’t work out, since those in charge of distributing the splits did it fraudulently. Gamma Squeeze is the kind of thing that could trigger a smaller hedge fund to get margin called and cause a domino effect, but I’ve shared my theory of the OTC action. Earnings are nice, but public sentiment has always been more tied to the media manipulation than actual facts. Fucking Gary.
On the subject of bringing in new talent, I do feel like a big move will happen soon. We’ve already seen a lot of job offerings from the Corporate side of GameStop so this could be the next phase of the plan. I really think that RC has spent these last few years taking precautions to make sure the company can’t go bankrupt, the last thing he wants is to turn out like Toys-R-Us. A lot of downsizing happened, so now he can start thinking about upsizing again.
I’m not necessarily saying that these things can’t trigger the squeeze, but I am saying that depending on something to start it is just inviting disappointment. I think the ‘no dates’ rule has been sorely forgotten lately with all the hype and speculation around Roaring Kitty’s tweets and stuff. I am a zen ape, it happens when it happens.

*“First of all, it is incredibly important to note your potential biases when determining if someone is just a shill trying to spread FUD. Not all FUD is invalid, someone may bring up a solid point against an otherwise great DD, and that could scare you. Remember that just because you do not like what someone is saying, doesn’t make it invalid. It is important users here work with constructive criticism to refine their theories.”* 

Damn, wasn’t I just talking about this? This critique isn’t going to just be wagging fingers, this is really good stuff that still applies today, and from what I’ve seen apes are doing a great job of distinguishing between FUD and legitimate criticism. I also want to take a second to thank the mod team, especially after their tools were restricted, they’ve been a great help.

*“…but since then retail investors have been buying on every single dip in the price… That's more than two whole months of buying-the-dip. Now, I will not speculate on numbers here, if you want to know more you will have to read the DDs on that.”* 

This is pretty outdated now. Apes have been buying for three years now, and with the advent of Direct Registering we have a much better idea of how much apes hold. I can say with confidence now that retail owns a floats worth of shares. Since there is so much naked shorting, a lot of institutions probably own their own floats too.
I glaze those purple doughnuts, yum.
​
Citadel Has No Clothes, Published March 14, 2021, by u(slash)ATOBITT
Ohhhh, this one is special to me, I read it when it first came out, first time I was there on release night. Let’s see how it hodls up.

*“TL;DR - Citadel Securities has been fined 58 times for violating FINRA, REGSHO & SEC regulations. Several instances are documented as 'willful' naked shorting. In Dec 2020 they reported an increase in their short position of 127.57% YOY, and I'm calling bullsh\*t on their shenanigans.”* 

58 times. I don’t actually know how much that number has gone up, but I’m sure it has. I am reminded of an old saying, that if the punishment for a crime is a fine, then it only a crime for the poor. The crime being done to GME is class warfare, it’s nothing less.

*“$295,347,948,000 of that is split into options (calls & puts), while $78,979,887,238 (20.52%) is allocated to actual, physical, shares (or so they say). The rest is convertible debt securities.”* 

This is why I’m skeptical that it’s even possible for Citadel to get margin called by a normal price run-up. Let’s do some math here. GME’s float is at 232 million-ish shares, let’s say they shorted 300% of that, just to be conservative (lmao), so that’s 696 million. To take what the first post said, Margins don’t get called unless an entities’ collateral becomes less than 80% of what they’ve borrowed. If they use their entire $384,926,232,238 portfolio as collateral, then GME would have to soar to a price of… divide by 4, multiply by 5… $691.32 per share. That may sound relatively reasonable, but I don’t think a normal catalyst would be enough for that. I really think interest rates are the key, think about it, if they have to pay like 30% interest on all of those shares, their portfolio will be reduced by that much (kinda) and we can find a much more reasonable midpoint. Now brace yourselves, I’m about to spend an unreasonable amount of effort on something that is probably wrong because I don’t know shit about fuck about margins or getting called (I have a cash account and I lack rizz).
In order to calculate that we gotta do one of those double equation variable bullshit things we all hated in school, I forgot what they were called but I remember how to do them.
So, we have a few variables:
C = Citadel’s Portfolio = $384,926,232,238
S = Shorted Shares = 696,000,000
I = Intrest = 0.30
X = Price Per Share
Y = Citadel’s new portfolio amount after paying interest
So, X and Y are undetermined, but we have two equations to work with
C – I(X*S) = Y
This one calculates how much money is going to be in citadels new portfolio after paying interest, we calculate the interest by multiplying the cost per share, by the amount of shorted shares, and multiplying that by the interest rate, then subtracting it from their total portfolio.
Y * 1.25 = X * S
This one calculates the total amount those shorted shares have to be in order for Citadel to get margin called, by multiplying their new portfolio by 5/4 and calculating the total cost of the shares.
X * S has a direct value; we can plug the left side of the second equation into the first to get
C – I(Y*1.25) = Y
Now we just gotta isolate Y on one side of the equation.
C = Y + 0.3(Y*1.25)
C = 1.3Y * 0.375
C= 0.4875Y
C * 0.4875 = Y
Y = $187,651,538,216.03
Now we gotta find X, we can just plug in the other stuff.
(Y* 1.25)/ 696,000,000 = X
X = $337.02 per share for shitadel to get margin called on 30% interest.
Holy shit, now that’s what I call reasonable. See how much interest can completely fuck a portfolio? They lost almost half of their portfolio value to a 30% interest to this. This is why the whole market will bleed red on the run up to MOASS, they will have to sell half of their portfolio just to pay the interest.
Citadel is probably not a good example of this, since they print the naked shorts themselves... so they would be paying interest to... themselves... when they borrow them? Citadel is so fucked up, I don't have enough wrinkles for this.
But hey, I think the concept of what I said is fine. High interest rates can reduce collateral and cause margin calls. Hey, just out of curiosity, how much is the borrowing interest rate looking now?
16.5%
SHF are fucked.
​
Anyway, I’m writing this on a Wordpad document so I’m not sure if I’ve come up on the character limit, but I think I’m getting close so I’ll end this part here. Please let me know what I’ve got wrong or any insights you want to share, I’ll be sure to talk about any interesting comments when I do a part 2!
TLDR: I am reviewing the Diamond Handbook (2nd) and seeing what has changed in the three years since it’s been compiled. I have a bias in thinking that high borrowing interest rates are what will cause MOASS, and that is shown here. This is not meant to be an impartial analysis, just my thoughts. Not financial advice.