High Roller Casino
Stern, 2001Quoted from WeirPinball:I for one appreciate what you post - everyone can pick and choose and it is better to have too much info than not enough.
Amen brother. Take what I have to say and then please do your own due diligence.
I do offer a unique perspective as a CPA, estate planning attorney and financial advisor if nothing else 
I LOVE this thread for the insights and the camaraderie. Obviously Ice and KPG view and do things differently from each other and there's nothing wrong with that. They BOTH give some great advice and tips on things I for sure would have never heard of on my own. I appreciate everyone who contributes to this thread. Let's keep making that $$$$$$, cause that's what it's all about!
I’m putting this out there for full disclosure on my “trading accounts”
And you guys that paid attention LONG AGO, know I was advocating certain positions. These are all very “short term gains”. If I sell something personally I’ll let you know before I do
Once again, take advantage of Seeking Alpha and Motley Fool, Pinny will tell you about “Data Driven Investor” etc
DON’T do what I do with shorter term trading until and if you have a really good grasp and conviction. Stick to LONG TERM buy and hold and buy more when they go on sale
I’m giving you guys help on what I pay a ton of money for the research. That’s OTHER people advice 
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Quoted from iceman44:Some people just won’t listen!
Pretty much sums up a lot in one sentence. Lol
Too many dumb people making too much money into the market . Never ends well. The market is not designed for you to make fast money . It always takes back what you don’t deserve to make . A monkey and a dart could have made money over the last year. You never go broke taking a profit.
Quoted from spikelou2:Too many dumb people making too much money into the market . Never ends well. The market is not designed for you to make fast money . It always takes back what you don’t deserve to make . A monkey and a dart could have made money over the last year. You never go broke taking a profit.
Taxes
Long term. It’s not “fast money”. What is your “monkey plan”. Lol
Pay attention to what I have said many times and learn something, or not
Total idiotic statements
Quoted from Lamberger:hey Ice! Just wondering want strategy your on right now.. I only invested 10% of my portfolio as of right now. Should I Invest 50% on longs, hold rest in cash incase of a crash? Just seems like the markets have blown up crazy since 2010. Bubble like. This will be my retirement fund. I'm 46.
No one can give you proper advice with out knowing your person situation . There is no one size fits all advice.
Quoted from spikelou2:No one can give you proper advice with out knowing your person situation . There is no one size fits all advice.
That’s exactly right. Vanguard tries, my daughter is a CFP there and that is one philosophy. Plug and play
Legal, tax and financial are not “one size”
It’s 100% personal to goals, risk tolerance and game plan
We aren’t curing cancer here, just providing some ideas addressing those issues
Quoted from spikelou2:Too many dumb people making too much money into the market . Never ends well. The market is not designed for you to make fast money . It always takes back what you don’t deserve to make . A monkey and a dart could have made money over the last year. You never go broke taking a profit.
30 years ago, i could take the newspaper bussiness section, put it on a wall, throw a dart, and make money on the stock the dart hit. Very true!
Now, covid and 2020. Same thing. Im up, way up, stupid up. Im i laughing, sadly yes. Dip/ drop/ crash...... yes its going to happen.
History, charts, tell us so.
This has happened before. watch.
Quoted from iceman44:Taxes
Long term. It’s not “fast money”. What is your “monkey plan”. Lol
Pay attention to what I have said many times and learn something, or not
Total idiotic statements
Your giving advice to to people that you don’t know there personal situations. Not everyone under stands the risk involved in the market. While I agree with your statement there is no one size fits all advice .
Quoted from spikelou2:Now does anyone have a nice space shuttle to sell me
Great game, regret selling mine.
Quoted from spikelou2:Your giving advice to to people that you don’t know there personal situations. Not everyone under stands the risk involved in the market. While I agree with your statement there is no one size fits all advice .
#1. I’m giving Zero “advice” for anyone’s personal situation. Get it? These people aren’t my clients although I’m sure they would have been better off if they were 
#2. We run “Riskalyze” reports and all sorts of analyze to fit our clients needs based on suitability and fiduciary duty
#3. We are all just trying to contribute in some way to help each other
What is your contribution ? Bye bye
While trading is fun it’s not investing ..odds are against you very few professionals do it successfully and even fewer do it constantly.: bet with your head not over it. At least at the casino they give you free drinks and a Buffett
Quoted from iceman44:#1. I’m giving Zero “advice” for anyone’s personal situation. Get it? These people aren’t my clients although I’m sure they would have been better off if they were
#2. We run “Riskalyze” reports and all sorts of analyze to fit our clients needs based on suitability and fiduciary duty
#3. We are all just trying to contribute in some way to help each other
What is your contribution ? Bye bye
I wish you the best of luck . Everyone is entitled to there opinion. Have a blessed day
Quoted from iceman44:Taxes
Long term. It’s not “fast money”. What is your “monkey plan”. Lol
Pay attention to what I have said many times and learn something, or not
Total idiotic statements
No one goes broken paying taxes .they go broke when the give there gains back and they lose their capital . Let re read this text in 5 years and see who’s correct .I hope I’m wrong. I only hope your right never want see the working person lose there hard earned money.
Quoted from Lamberger:Ice!!!!! We all should be paying you commish! Very thankful. Cheers!
Come on man! I’m happy to help
Seriously, throw out any estate planning or tax questions anyone might have
I think I’ve seen it all?
I want “peace of mind” for my wife and 3 girls. Don’t you?
Do you think most estate planning lawyers figure out how to make more money for themselves? Does your CPA do anything more than “count your taxes”?
Is your estate planning attorney, CPA and financial advisor all on the same page?
I don’t think so
Or maybe listen that clueless schmuck Lou I can’t see anymore
Quoted from iceman44:Come on man! I’m happy to help
Seriously, throw out any estate planning or tax questions anyone might have
I think I’ve seen it all?
I want “peace of mind” for my wife and 3 girls. Don’t you?
Do you think most estate planning lawyers figure out how to make more money for themselves? Does your CPA do anything more than “count your taxes”?
Is your estate planning attorney, CPA and financial advisor all on the same page?
I don’t think so
Or maybe listen that clueless schmuck Lou I can’t see anymore
Makes sense don’t listen cpa or lawyers . Fake news .
Quoted from spikelou2:No one goes broken paying taxes .they go broke when the give there gains back and they lose their capital . Let re read this text in 5 years and see who’s correct .I hope I’m wrong. I only hope your right never want see the working person lose there hard earned money.
What is some peoples "fast money" might be someone elses "Not so fast" money. I appreciate the many voices in this thread, its up to me to research. Not sure where I can get better free advice, internet or not. Lots of successful people buy pins.
What part of Ices post did you disagree with btw?
Thats not bubble, thats not researching an investment. Good for the early investors in Signal advance,(One investor, the owner, now worth 3 Billion, from .60 a share to over $70 in one tweet lol). Bad for dumbasses who dont research. Agreed?
Ok this stuff happens when people don’t think there is risk. 24 million people have opened new online trading accounts since covid and the average account size is less than 1500 dollars all chasing the same 10 stocks .
Quoted from spikelou2:Ok this stuff happens when people don’t think there is risk. 24 million people have opened new online trading accounts since covid and the average account size is less than 1500 dollars all chasing the same 10 stocks .
Do you feel 401ks and Roth IRAs prey on the young? Hell, Id blame the school system for not teaching financials. I had one financial class my whole 12 years in public education. Home EC .
Quoted from spikelou2:Ok this stuff happens when people don’t think there is risk. 24 million people have opened new online trading accounts since covid and the average account size is less than 1500 dollars all chasing the same 10 stocks .
Don't we want people to start saving when they are young, or do you think that investing is only for the wealthy? Really trying to understand your point here.
Quoted from spikelou2:No one can give you proper advice with out knowing your person situation . There is no one size fits all advice.
I understand that, I think the biggest part of my question was what percentage to invest over all for now. I noticed Berkshire Hathaway is 2/3 invested in the market, 1/3rd in cash, waiting for a crash to take advantage maybe. I sold some real-estate.. I think its gonna drop. Been investing in the stock market for 3 years now, know the risks... but I'm no investing genius. Did well with Tesla, Lightspeed, Spotify and JD.com..bought a ton in March, sold everything end of August. Slowly getting back in, dipping my toes.lol. Waters feeling cold tho!
Quoted from pinnyheadhead:It’s simple and why I love investing.
Eh I don’t know? It must be paying 16% for a reason. Epd 8.4% I own and like it still as a value with growth play and maybe one could look at MMP 9,2% for a little more yield. My friend is a retired trader for a natural gas company and those were his two picks. Ice is a EPD fan. And FYI - midstream companies are Master Limited Partnerships and pay out dividends and depreciation. This is another advantage of them if you hold them because part of the payouts can be taxed later as long term capital gains and best kept in a Non Ira account. It is a little more paper work during tax time to keep track though. If you just have a few shares in an IRA they can become a pain in the ass.
Ice please chime in on Taxes for these if I am missing something.
Quoted from iceman44:Lol, yes Pinny, MLP’s issue K-1s and I’ve had a couple of client CPAs complain about the difficulty of the paperwork for “taxable” non ira accounts
Since IRAs don’t pay tax until you distribute no need to report.
When they complain, I say let us do your return!
I actually have one client that forbids me to buy MLPs in his taxable accounts for the K-1 reason. Some people just won’t listen!
If you can do input on turbo tax you can do a K-1. It’s looks complicated as hell but it’s not
And this is why part of why this thread is so valuable! Thanks guys, think I’ll stay away from this one.
Quoted from iceman44:Show me your returns? Your charts didn’t show that when you were pumping 18k on the Dow. Lol. It was all BS. Then you disappeared.
AND, what did the S&P do for the year if “anyone” could do it. Total F ing NONSENSE
That’s laughable. You had to actually BUY and 1000% NOT everything went up. Where do you come with this crap?
As for PSTH, it’s NOT a true stock right now
It’s just CASH
I posted a very positive article on PSTH
It could do great, I hope it does, but it’s based on PURE speculation and thin air right now
If I want to buy Stripe when it’s public, I’ll buy it then.
I’m not gonna gamble on PSTH being the one to SPAC it. You might get HEB. Lol
Look back on my posts, and the stocks I literally posted about. Go ahead, take the time. You'll see each of them gained anywhere from 100-400% easily. Not sure what you are talking about, but I literally came in here at the market bottom in March and said that there is a huge opportunity to buy stocks.
I have dozens of messages regarding stocks I posted about and gains they've made here.
Once again, if you don't like my advice, that's fine, I don't really care, but it seems quite a few people do just as some people like your advice.
But you come off very hostile and agitated. Seriously, you should chill out. Re-read your posts. They are a bit extreme in tone.
As far as posting my gains, here you go, this is just one of my accounts and the others I have show similar performance. You get the picture. People make money other than you doing this as well, except I don't pay others for their advice, I manage my own accounts. Not bad for a dumb IT guy who posts stock info for fun on a pinball website.
Screenshot_20210111-221231_Chrome (resized).jpgQuoted from kpg:Look back on my posts, and the stocks I literally posted about. Go ahead, take the time. You'll see each of them gained anywhere from 100-400% easily. Not sure what you are talking about, but I literally came in here at the market bottom in March and said that there is a huge opportunity to buy stocks.
I have dozens of messages regarding stocks I posted about and gains they've made here.
Once again, if you don't like my advice, that's fine, I don't really care, but it seems quite a few people do just as some people like your advice.
But you come off very hostile and agitated. Seriously, you should chill out. Re-read your posts. They are a bit extreme in tone.
As far as posting my gains, here you go, this is just one of my accounts and the others I have show similar performance. You get the picture. People make money other than you doing this as well, except I don't pay others for their advice, I manage my own accounts. Not bad for a dumb IT guy who posts stock info for fun on a pinball website.[quoted image]
It’s personal for you KPG. YOU are much better than some Ackman SPAC
I don’t care either way and I hope we all
Win.
YOU get the full picture IT guy. Keep doing YOUR thing but I would caution touting an “investment” 5 months AFTER you personally benefited from and pump up
The idea that there is “unlimited upside” on some Ackman BS. That’s what YOU just said
And YOU have Zero responsibility to anybody but yourself.
Agitated! Not me, that’s YOU
I agree, it’s a “fun” website but it’s serious when lives long term are at stake. I can’t make BS ridiculous statements like you do
Give both sides and quit the swinging dick nonsense because it doesn’t matter and if YOU are happy with what YOU have done then congrats!
Option A or Option B or Option C?
Once again, I’m here to help people on a myriad of fronts if they ask. YOU are not but IF you present some alt facts
Bring it on
Let the dust settle wherever it settles. I really hope Ackman works for you
You aren’t accountable to anyone but yourself. And don’t care AFTER the fact and your pumped up profits
People are free to make good choices or bad ones. Choose wisely and GL to you
Quoted from iceman44:It’s personal for you KPG. YOU are much better than some Ackman SPAC
I don’t care either way and I hope we all
Win.
YOU get the full picture IT guy. Keep doing YOUR thing but I would caution touting an “investment” 5 months AFTER you personally benefited from and pump up
The idea that there is “unlimited upside” on some Ackman BS. That’s what YOU just said
And YOU have Zero responsibility to anybody but yourself.
Agitated! Not me, that’s YOU
I agree, it’s a “fun” website but it’s serious when lives long term are at stake. I can’t make BS ridiculous statements like you do
Give both sides and quit the swinging dick nonsense because it doesn’t matter and if YOU are happy with what YOU have done then congrats!
Option A or Option B or Option C?
Once again, I’m here to help people on a myriad of fronts is they ask
Let the dust settle wherever it settles. I really hope Ackman works for you
You aren’t accountable to anyone but yourself. And don’t care AFTER the fact assume
People are free to make good choices or bad ones. Choose wisely and GL to you
Wow man. That's what I was talking about.
Whatever is going on to make you this upset about this discussion, on a pinball website, I hope everything is good on your end. You remind me a lot of myself a few years back and it never resulted in anything positive.
On a serious note, DM me and I'd be happy to talk and see if I can help you out in anyway. Here for you buddy, and I'm not being snarky or sarcastic.
I initially downvoted you and am going to remove it now. Not going to retaliate against your downvotes and fuel this negativity, nothing is ever solved by that.
Quoted from kpg:Wow man. That's what I was talking about.
Whatever is going on to make you this upset about this discussion, on :lol:a pinball website, I hope everything is good on your end. You remind me a lot of myself a few years back and it never resulted in anything positive.
On a serious note, DM me and I'd be happy to talk and see if I can help you out in anyway. Here for you buddy, and I'm not being snarky or sarcastic.
No buddy. I’m gonna leave the “professional stock” advice to YOU
Along with the legal and tax issues. But I’m sure YOU are the genius that gets that as well.
It’s YOUR thread IT guy.
If I can help you out then I’m here for YOU buddy.
So YOU IT guy go ahead and rock and roll with it
I’m done with YOU and this thread. Just put in the dumpster
Quoted from kpg:Wow man. That's what I was talking about.
Whatever is going on to make you this upset about this discussion, on a pinball website, I hope everything is good on your end. You remind me a lot of myself a few years back and it never resulted in anything positive.
On a serious note, DM me and I'd be happy to talk and see if I can help you out in anyway. Here for you buddy, and I'm not being snarky or sarcastic.
Hmm, that's not how I've read everything.. Ice has been laid back, just throwing stuff our way.. Feels like your back is up tho, the other way around. anything you want to get off your chest? Shoulders? Feels like you got a bit of a chip.
Quoted from Lamberger:Hmm, that's not how I've read everything.. Ice has been laid back, just throwing stuff our way.. Feels like your back is up tho, the other way around. anything you want to get off your chest? Shoulders? Feels like you got a bit of a chip.
I’m done
Just trying to help
Use common sense folks. I’m out
DM me if you need anything
Quoted from iceman44:No buddy. I’m gonna leave the “professional stock” advice to YOU
Along with the legal and tax issues. But I’m sure YOU are the genius that gets that as well.
It’s YOUR thread IT guy.
If I can help you out then I’m here for YOU buddy.
So YOU IT guy go ahead and rock and roll with it
I’m done with YOU and this thread. Just put in the dumpster
Good idea.
Quoted from iceman44:Read the history. Lol
Feels like someone lost a bad bet on the stocks. Don't bet what you can't afford to lose!
Quoted from kpg:Good idea.
Feels like someone lost a bad bet on the stocks. Don't bet what you can't afford to lose!
Quoted from iceman44:I’m done
Just trying to help
Use common sense folks. I’m out
sorry to hear that, downer.. cool if I PM in a Jam? when needed of course.
Quoted from Lamberger:sorry to hear that, downer.. cool if I PM in a Jam? when needed of course.
Of course, “don’t let the bastards wear you down”
After all, it’s the IT genius thread to begin with. Lol
And he shows up after getting his ass kicked on all the chart master recession calls back in March and April.
Like I said, good luck to everybody, I’m done. Thread drained
Quoted from iceman44:Of course, “don’t let the bastards wear you down”
After all, it’s the IT genius thread to begin with. Lol
You're really coming off like a complete ass, you know that right?
"IT Genius" really? What's your deal man, you are literally having a meltdown on this thread.
Quoted from kpg:You're really coming off like a complete ass, you know that right?
"IT Genius" really? What's your deal man, you are literally having a meltdown on this thread.
Tones on messages can get some misread crossfires... all on how you read it and your personality. Obviously went down hill the last few messages
Oh look, Ice is on another of his I'm better than you, daddy didn't respect me enough, insult anyone who questions him and add a emoji to make it look like he's joking kicks again. If you aren't familiar with these tactics, stick around, it happens...often.
Look, he gives some good advice, but this is also the guy who said COVID was a hoax and the market would ignore it. It did not, and he freaked out. Now he's acting like it was a 'plan'. It's easy to look back and be like 'look how smart I was' and just brush the rest under the carpet. Point is, he's right sometimes, and sometimes he's wrong. Just like everyone else.
There was zero reason for him to post the stuff he posted, and it came off like another 'look at me' boast all over someones recommendation he disagreed with. Real mature.
Quoted from Zablon:Oh look, Ice is on another of his I'm better than you, daddy didn't respect me enough, insult anyone who questions him and add a emoji to make it look like he's joking kicks again. If you aren't familiar with these tactics, stick around, it happens...often.
Look, he gives some good advice, but this is also the guy who said COVID was a hoax and the market would ignore it. It did not, and he freaked out. Now he's acting like it was a 'plan'. It's easy to look back and be like 'look how smart I was' and just brush the rest under the carpet. Point is, he's right sometimes, and sometimes he's wrong. Just like everyone else.
There was zero reason for him to post the stuff he posted, and it came off like another 'look at me' boast all over someones recommendation he disagreed with. Real mature.
Agreed.
He mentioned I disappeared for a while, well besides losing a good friend to COVID around that time and my business sucking up all of my time because of the huge demand in my industry, I just didn't really have the time to post much.
But I remember back then Ice was extremely combative as well, and he was really the only guy I ever had a conflict with on this site, and I just chalked it up to he's got some things going on in his personal life I pray he can resolve.
After all this time I was hoping there would be a positive change and here we are, but it appears he's even more agitated and hostile. It's really crazy what little it took to set him off today.
In any event, I wish the guy the best and let's get this thread on track, I prob won't be posting much anymore to be honest.
Quoted from kpg:Agreed.
He mentioned I disappeared for a while, well besides losing a good friend to COVID around that time and my business sucking up all of my time because of the huge demand in my industry, I just didn't really have the time to post much.
But I remember back then Ice was extremely combative as well, and he was really the only guy I ever had a conflict with on this site, and I just chalked it up to he's got some things going on in his personal life I pray he can resolve.
After all this time I was hoping there would be a positive change and here we are, but it appears he's even more agitated and hostile. It's really crazy what little it took to set him off today.
In any event, I wish the guy the best and let's get this thread on track, I prob won't be posting much anymore to be honest.
Sorry to hear about your friend, that totally sucks.. I don't know the history here-heck, I wouldn't want to be in charge of other peoples portfolio's.. Shit load of pressure. Crazy stress for sure.
Quoted from Lamberger:I understand that, I think the biggest part of my question was what percentage to invest over all for now. I noticed Berkshire Hathaway is 2/3 invested in the market, 1/3rd in cash, waiting for a crash to take advantage maybe. I sold some real-estate.. I think its gonna drop. Been investing in the stock market for 3 years now, know the risks... but I'm no investing genius. Did well with Tesla, Lightspeed, Spotify and JD.com..bought a ton in March, sold everything end of August. Slowly getting back in, dipping my toes.lol. Waters feeling cold tho!
If you have a 20 plus year time horizon what happens over the next 3-5 years does not matter. There is no need for you to worry . Just call vanguard and buy a blend of low cost etfs and leave them alone.
Quoted from iceman44:No buddy. I’m gonna leave the “professional stock” advice to YOU
Along with the legal and tax issues. But I’m sure YOU are the genius that gets that as well.
It’s YOUR thread IT guy.
If I can help you out then I’m here for YOU buddy.
So YOU IT guy go ahead and rock and roll with it
I’m done with YOU and this thread. Just put in the dumpster
Dude must have been investing in Jim bean last evening .
Quoted from BMore-Pinball:I hope these thread doesn't degrade into comparing bank accounts
Already has.
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