Off-Topic / Stock Market Talk and Trading - part 2 [164]


It's painfully obvious to all that Jimmy Poorhouse is utterly clueless about finance. Just look at the way he was trying to boast about one of 'his' tracker funds (VUG) beating what it doesn't track and under-performing what it does track! What a f*cking moron! He's so financially illiterate that he can't even convert between two currencies when you give him the exchange rate! LOL! Hoot!

Off-Topic / Stock Market Talk and Trading - part 2 [164]


For the one I looked at yesterday I'm paying 0.45% as a fund management fee, with 0% front-end load and 0% maintenance fee. That said, it's not an ETF, although ETFs don't have load fees either, that's part of the point of them.

All those amounts are publicly advertised and can easily be verified online. Jimmy Poorhouse can check for himself when he knows the name of the fund, which he'll be able to see from the transfer order I post once he donates $5 to the PF survival fund.

But Jimmy Poorhouse won't donate. He doesn't have the money to donate. I bet you a ticket to the Warsaw Beer Festival and two pints there against a used piece of chewing gum that he won't donate. Care to take that bet?

Off-Topic / Stock Market Talk and Trading - part 2 [164]


It's as much yours as anybody else's. Certainly more yours than the shares and ETF units Jimmy Poorhouse claims to have are actually Jimmy Poorhouse's: your posts in this thread exist in reality, but those shares and ETF units exist only in Jimmy Poorhouse's imagination. But at least those fantasy shares and ETF units regularly give us the entertainment value of laughing at Jimmy Poorhouse trying to boast about 'his' investments getting sub-market-level returns because he doesn't understand what tracker funds track (or that they have fees).

BTW, did you notice Jimmy being called out in red letters for promising a donation and then not making one?

polishforums.com/off-topic/random-chat-88584/18/#msg1990619

PS You sure about that bet? I'll up the odds: if I win I get a virtual half pint of beer, if you win you get three pints, a double vodka chaser and two packs of nicotine gum.

Off-Topic / Stock Market Talk and Trading - part 2 [164]


Milo: If Jimmy Poorhouse had even $5 to spare, he'd be jumping up and down to accept the offer of me posting my IKE transfer order in exchange for him donating $5 to PF. To prove the transfer is connected to this post, I'll ask you to pick the number of grosze at the end of the transfer (closer to a full zloty would be better than further). Choose that number and I'll make the transfer today. Laughing at how financially illiterate (and generally retarded) Jimmy Poorhouse is is fun, but sometimes we actually do have to make investments in our future. Maxing out one's IKE is a very sensible investment.

Off-Topic / Stock Market Talk and Trading - part 2 [164]


In a way, smoking is really another form of gambling, just like day trading. And just like day trading, the odds are heavily stacked against the individual punter. It's a pity that you can't use fantasy lungs with which to smoke, in the same way that Jimmy Poorhouse has his fantasy money to 'invest'. You could think about how your fantasy lungs really enjoyed that cigarette, and you'd never get caught boasting about your fantasy cigarettes being better than the average ones - unfortunately Jimmy Poorhouse regularly gets caught boasting about his fantasy investments bringing below-market returns.

What a poor sod, even his fantasies are worse than the reality any of the rest of us can easily have!

Life / West-East life in Poland? [45]


You mean they hassle foreign firms over grosze while letting a Polish firm overcharge Poles by hundreds of times more? How unexpected!

Off-Topic / Stock Market Talk and Trading - part 2 [164]


Barney, I can help with that: I'll throw two packs of nicotine gum into the pot of our possible bet about Jim refusing to donate $5 to the PF survival fund. It's a way for everybody to win! PF needs the survival fund, I have to make the 2024 transfer anyway, you get a few pints, everybody gets to see Jimmy being wrong about investments yet again. What do you say?

Off-Topic / Serbia etc. thread 3 [310]

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Off-Topic / Stock Market Talk and Trading - part 2 [164]


You *might* be one virtual pint further away from skint if you accepted my sporting wager. In fact, I'm so confident that Jimmy Poorhouse won't donate $5 to the PF survival fund in exchange for me posting a copy of the transfer order showing me sending my 2024 IKZE contribution that I'll give you odds of three to one.


Well, smoking is fairly well proven to lessen the amount of money needed to cover one's total living expenses as a pensioner.

Off-Topic / Stock Market Talk and Trading - part 2 [164]


Both IZKE and IKE are Polish schemes similar to ISAs in that they're a tax efficient ways of saving. IKZE contributions are fully tax-deductible (so the tax man gives you back 32% of what you put in each year) and the capital gains tax is only 10% if you hold the IZKE to maturity. IKE offers a capital gains tax rate of zero percent. Both are limited in terms of the amount one can put in.

Actually, it's lucky we're talking about this now, it's reminded me that I need to send my 2024 IKZE contribution. I know you don't gamble, but how about a sporting wager? I bet you a virtual pint that if I say I'll post a copy of the transfer order from me sending my 2024 IKZE contribution if Jimmy Poorhouse donates $5 to the PF survival fund, he won't take up the offer. Not because he doesn't want to get all the information about me that he can, but simply because he doesn't have $5 to help save the thing he loves the most.

Well, actually it's the only thing he loves at all.

Off-Topic / Stock Market Talk and Trading - part 2 [164]


Got anything in any of the IKEs or IKZEs?


It is absolutely superb! Live to 80 and you get back PLN 751,036 for the PLN 31,325 you paid in. That's the kind of return even Jimmy Poorhouse wouldn't boast about. Partly because he's too financially illiterate to know what PLN is and partly because he'd be sure people wouldn't believe him. But it's true: pay in £179 / PLN 895zl per year for 35 years and get back £221.20 / 1,111zl per week for life from your 67th birthday onwards.

Imagine how jealous Jimmy Poorhouse must be of that return, he could fix his roof, buy a car from this millennium and still have enough money left over to actually buy some shares (or at least give Marge some money to feed into the slots at the Odawa reservation casino, which would give a far better rate of return).

Off-Topic / Stock Market and Trading Talk [1011]


Barney, mind if I ask how you're saving for retirement? I'd be interested in getting your views on ethical investment for that.

Also, I think you may have worked for at least three years in the UK, so are you making UK voluntary class 2 NI contributions? If not, you really should be!

Off-Topic / Stock Market and Trading Talk [1011]


The problem is that shareholders get to direct companies. And what kind of company wants morons such as Jimmy Poorhouse to have any say in how they're run? That's just a recipe for bankruptcy! Imagine giving somebody who is so utterly clueless that he can't convert from CHF to USD even when given the exchange rate (and even after having to be told what CHF is) the right to have a say in complex financial decisions! He's so financially illiterate that he's repeatedly boasted about getting returns lower than those offered by the market!

And of course he's so ignorant that he doesn't know that there are websites in Poland which give estimated values for apartments in Warsaw, so anybody who has the address of a flat can easily check whether a statement that the value of it is a seven-figure number is accurate or not. Just as people can look up the assessed value of Jimmy Poorhouse's shack in the woods and see it going down due to lack of maintenance.

Off-Topic / Stock Market and Trading Talk [1011]


Of course Jimmy Poorhouse doesn't actually have any money invested anywhere (one look at his shack tells you that). But that doesn't lessen the amusement we get from him trying to boast about his investments returning lower gains than those offered by the market. What a f*cking retard! Hoot!

Off-Topic / Stock Market and Trading Talk [1011]


Of course Jimmy Poorhouse is lying about that. But he wants everybody to forget that last month he described an S&P 500 tracker fund which he claims to have $50,000 invested in as a "tech fund" and then tried to backpedal by claiming
But if you have any doubt about what an epic moron Jimmy Poorhouse is, just look at today's attempt to boast:

Could he be any more financially illiterate? He's trying to boast about one of 'his' tracker funds (VUG) beating what it doesn't track and under-performing what it does track! VUG is a CRSP US Large Cap Growth Index tracker. VUG gained over the last five days 2.75%: CRSP US LCGI was up by more than 3%, which more than offsets the 0.14% that VOO outperformed the S&P500 by.

LOL, only Jimmy Poorhouse could possibly try to boast about getting returns below what the market offers! What a f*cking retard! Of course, the growth mentioned above doesn't take into account the fees that one has to pay to hold units in VOO and VUG. But Jimmy Poorhouse can't be expected to know about those, they only apply to actual investments, not the fantasy kind Jimmy Poorhouse makes do with.

Off-Topic / Stock Market and Trading Talk [1011]


Index trackers are how to not lose more money on the stock market than the wider market loses. Instead trying to pick stocks that will beat the market average, these funds aim "to closely track the index's return".
Until a month ago Jimmy Poorhouse had never heard of them, which is why he would post here trying to boast about his ability to produce returns that are an average of less than half what one can make by simply tracking the market indices. Now he claims to have "most" of his money invested in "ETF's" (he is, of course, too dumb to know the name is actually ETFs).

Jimmy Poorhouse is so financially illiterate that he doesn't even know the difference between a market index and an exchange-traded fund, as he makes clear in this post:

The reality is that a market index tracks how a certain group of shares (or bonds or other investments) performs. Some tracker funds track market indices and exchange-traded funds are a type of tracker fund, so some of those also track market indices. Unfortunately for Jimmy Poorhouse, he was too angry at being exposed yet again as a liar who knows nothing about finance that he didn't bother googling properly before claiming that "I have the most of my money invested ETF's" which have "made me a ton of money", so he didn't know the difference between a market index and a tracker fund and an ETF. In fact he still doesn't, as his reply to your post shows.


One of the few things that Jimmy Poorhouse can't be accused of being is a gambler. One needs money to gamble and Jimmy Poorhouse doesn't even have enough money for a can of paint to stop the wood siding on his shack from rotting away. Have you seen the state of it?!

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News / Flood in Lower Silesia in Poland - looks catastrophic [94]

Global warming will make the UK colder, not warmer. The melting ice sheets in Greenland will significantly weaken the Gulf Stream and so cut temperatures in the UK.

Off-Topic / Stock Market and Trading Talk [1011]


Got to love Jimmy Poorhouse being unable to remember the lies he's told! It's even better than him going from never having heard of tracker funds (and still not knowing what they are) to having most of his fantasy money in them as soon as it's pointed out what a moron he is for boasting about getting returns a third of what the market offers just by tracking the index!

Off-Topic / Stock Market and Trading Talk [1011]

Reminder for those who really do invest actual money (rather than the fantasy kind Jimmy Poorhouse has): this year the maximum for IKZE investments is PLN 9,388.80. Put that in and you get PLN 3,004.41 back from the taxman.

Also, thos year it's up to PLN 23,472 in your IZE. Nothing back from the taxman for that, but hold it until you're 60 and you can collect your winnings without the 19% Belka tax you pay on other capital gains. I reckon it's worth chucking the maximum in.

Off-Topic / Stock Market and Trading Talk [1011]


Harley Davidson shareholders everywhere are thanking their lucky stars after getting the reverse kiss of death from Jimmy Poorhouse: after winning the coveted "pass" rating from The Mystic One, yesterday the share price rocketed by 6.4% in a single day! He truly is a money making machine, as well as the kind of moron who can't tell the difference between a general stock index tracker and a "tech fund"! LOL!

Off-Topic / Stock Market and Trading Talk [1011]

The curse of Jimmy Poorhouse giveth, and the curse of Jimmy Poorhouse taketh away. After the serial rapist rated Diageo as a pass and it promptly shot up, today after he denied saying not to buy it, the share price went down by 1.4%. Need to keep a careful eye on The Mystic One's recommendations if you're going to take advantage of the free money machine!

Off-Topic / Stock Market and Trading Talk [1011]

Poor Jimmy Poorhouse, still insisting that he's right and the people who run that S&P 500 index tracker fund are wrong, because he thinks they run a "tech fund". What a f*cking retard!

Off-Topic / Stock Market and Trading Talk [1011]

LOL! Poorhouse Jimmy really is regretting his foolish claim to have a six-figure sum invested in funds he doesn't know the first thing about! Now he's resorting to simply lying about what he said. Just look at this post polishforums.com/off-topic/stock-market-talk-85560/32/#msg1991620 Poorhouse Jimmy clearly says:

But now he's learned that both are actually index tracker funds which invest in "Domestic Stock - General" and he's got nothing left but to lie about his foolish statement. What a f*cking retard! Hoot!

Well, I say "learned", but the reality is that Poorhouse Jimmy has been schooled. Was a trap deliberately set for him to fall into? Yep. But only Poorhouse Jimmy could make the results of that trap into abject humiliation for himself by continuing to double down when he gets exposed as a pathetic liar. And I mean pathetic liar both in the sense that he's pathetic and a liar and the sense that he's pathetically bad at lying. Hoot!

Off-Topic / Stock Market and Trading Talk [1011]


Of course, Poorhouse Jimmy is so financially illiterate that he's never heard of dual-listing. The reality is that Diageo has its primary listing on the LSE (for those as financially illiterate as Poorhouse Jimmy, that's the London Stock Exchange). In fact that's the only market Diageo ordinary shares are listed on, under DGE.

And, of course, after getting the much coveted "pass" rating from Poorhouse Jimmy, Diageo ordinary shares are up, by 4.3%. i.e. more than quadruple what the FTSE 100 has done over that time.

But one has to remember that Poorhouse Jimmy sees the words


and then claims

What a f*cking retard!

Off-Topic / Stock Market and Trading Talk [1011]


After Jimmy Poorhouse rated it as "pass", Diageo ended the day up 3.6%!


Another lucky winner of the coveted reverse kiss of death from Jimmy Poorhouse, Harley Davidson ended the day up 1.1%.

How to explain such financial illiteracy? Well, it could be due to actual illiteracy. For example, VOO very specifically invests in "Domestic Stock - General" but Jimmy Poorhouse reads those words as saying "tech fund". LOL! What a f*cking retard! No wonder the roof of his shack still leaks!

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  VOOinfo.jpg
  

Off-Topic / Stock Market and Trading Talk [1011]

Poorhouse Jimmy said to pass on Diageo, so of course it's up 3% today!


It was 34.30 when The Mystic One said to pass on it, so of course it's 35.30 now.

And the most amusing part, he thinks he can get away with claiming he never said to pass on those stocks! What a f*cking retard!

I wonder how those "tech funds" he has "most of" his money in are doing. Last time I checked they were stick domestic stock index trackers! LOL! Hoot!

Off-Topic / Stock Market and Trading Talk [1011]


Poorhouse Jimmy's hot streak not only continues but even gets better: of the three stocks he said he likes, only two of which went down yesterday, all three are down today. And the two he said to pass on? They're both up again today. So, those of you closely following The Mystic One's tips and acting accordingly (i.e. buy what he says not to and short what he says to buy) are five from five today.


Of course DEO is up 3.3% since Poorhouse Jimmy tipped them as stock to pass on.

No wonder this f*cking moron thinks that S&P 500 tracker funds are "tech funds"! LOL! Hoot!

UK, Ireland / UK passport renewal impossible due to out of date Polish passport [5]


Write to HMPO to explain that you are not able to provide them with an updated Polish passport and tell them why. Or even just call them. That's what I did when they told me they'd need to see a passport that expired decades ago. They have rules but are quite good at giving exemptions when those are justified.

Polonia / Polish bus crash in Croatia. Is there a fate? [127]


Nope, it's a well-established fact that Serbs committed genocide in Bosnia and that it was approved at the very highest levels of the Serbian government. You can lie about it as much as you want, that won't change the facts, or the knowledge of the world.


LOL! You 'army' is only good at murdering civilians. When faced with a properly equipped trained army in Kosovo, your heroic soldiers nearly set a land-speed record when they ran away.

News / Poland says no to flood of Immigrants [670]


To be fair, the vast majority of the population of London are immigrants. Very few people there are from the Celtic tribes that lived in the area when the city was founded. And of course London was founded by immigrants, Romans.