Off-Topic / Stock Market Talk and Trading - part 2 [747]


Markets go up and markets go down. Luckily we at PF have a method other investors can only dream of when it comes to telling which way the markets will go: the opposite of what jimmy rapist says. For example,


So of course the NYSE went down yesterday. And it's now more than 500 dollars lower than its 52-week high! LOL

As everybody's favourite musical genius put it:

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Off-Topic / Stock Market Talk and Trading - part 2 [747]

Wow, just look at the NYSE today. Only a complete moron could say it's booming today. But then only a complete moron thinks that 20,606 is a higher number than 20,959, and our resident complete idiot thinks that the NYSE is at an all time high now. And only for a complete idiot would it take hours to type "NYSE composite" into Google. For me it's a couple of seconds. And then a few minutes laughing at the Michigan Mystic, aka jimmy rapist! What a f*cking moron he is!

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Off-Topic / Stock Market Talk and Trading - part 2 [747]


In part because he lies here every single day. But mostly because it really p!sses him off, and creatures as vile as jimmy rapist deserve to be p!ssed off as often as possible.


We'd very quickly lose track. There are so many lies from him. For example he says

And the reality is that the NYSE composite is down over the last five days, as shown here:

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Off-Topic / 75 Years of Israel and the War - part 3 [620]


And long overdue. While the actions of Israel under Bibi in response to October 7 have sometimes been disproportionate, there simply is not going to be peace when one side says that the only answer to the problems is war. Hamas says that "There is no solution to the Palestinian problem except by Jihad."

Off-Topic / Stock Market Talk and Trading - part 2 [747]

LOL! Yet again jimmy rapist is so stupid that he exposes himself as a liar!

That bracket is for income from $191,951 to $243,725. But jimmy told us in message #139 of this thread

LOL! So, what's happened? Which could it be?
a) Did jimmy have one lucky day with one stock and all the rest of his deals in 2024 lost him at least $212,275?
b) Is jimmy is cheating on his federal taxes?
c) Is jimmy too f*cking stupid to remember his own lies?

It can't be a), because jimmy is always boasting here about his brilliant trading.
It is very unlikely to be b), because jimmy lives in a shack that has an officially verified value of $70,878.
So my guess is it's c). But just to make sure, I'd better file a report with the IRS: irs[dot]gov/compliance/whistleblower-office#submit

And a huge thank you to the person who pointed this out to me!

Off-Topic / Stock Market Talk and Trading - part 2 [747]


Well, he's either a liar or he's just admitted to tax fraud. He claims to have at least two million invested in the stock market and to earn 20% a year on that and to be in the 32% tax bracket. But 20% of $2,000,000 is $400,000 and the upper limit for the 32% tax bracket is $243,725.

Clearly we need to make full use of irs[dot]gov/compliance/whistleblower-office

Off-Topic / Stock Market Talk and Trading - part 2 [747]


In Poland the top income tax bracket is 32%. One of the reasons I'm so interested in IKZE is that I hit that bracket in April. In that month some of my salary is taxed at 12% and the rest at 32%. From May onwards it's all at 32%. Below is a snip from my payslip for May. No doubt the Michigan Mystic will claim that 32% is higher than 32%.

On the subject of everybody's least favourite fantasist, I see he's claiming to earn at least $191,951 a year, but the information at bsaonline[dot]com/SiteSearch for his shack shows it has a value of $70,878. And the 2025 assessed value this year is $11,900 less than in 2024. That roof must be leaking more than we thought!

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Off-Topic / Stock Market Talk and Trading - part 2 [747]

The Michigan Mystic is back! And he still hasn't learned how percentages work. Or even simple multiplication. We had

But we now also have

Will the Mystic ever learn that making a 20% return means one would double one's money in 3.6 years?

I'll let a musical genius sum things up

Off-Topic / Stock Market Talk and Trading - part 2 [747]


Why not use BOS? Then you can invest USD in the US market with no Belka on your winnings. Although you would need to convert the USD to PLN to withdraw it (unless government change that law, which they may well do, as it makes the IKE more attractive and does so with no cost to the taxpayer).


Over the last 12 months both are about 0.5pp below the indices they track.

Food / Poland-Tea or coffee land? [165]


If you want Early Grey with extra citrus, try Lady Grey tea (only from Twinings).

Off-Topic / Stock Market Talk and Trading - part 2 [747]


They are PLN and with currency risk hedged.

That said, it seems that BOS are now offering global access to ETFs via IKE accounts. The catch is that IKEs can only be loaded with PLN, and the global ETFs need to be bought in whatever currency their listed in. But the first three conversions with BOS are commission free, so if you can load your IKE with 9,000zl lumps, no commission for the FX.

News / How will Polish-American relations change if Trump is elected president again? [812]


Any deal which involves consumers paying higher tariffs is a bad deal for both sides.


I think the EU has played this nicely: VdL simply isn't authorised to make the vague pledges that she's made that the EU will buy stuff from the US, so the Member States can simply say "That's nice. But we aren't required to comply with that agreement."

Off-Topic / Stock Market Talk and Trading - part 2 [747]


Happy to help.

About ETFs, have you seen ETFBNDXPL and ETFBSPXPL? They track the Nasdaq and the S&P 500, respectively, but are listed on the WSE, so you can use IKE money to buy them. Unfortunately the TER for both is 0.8%, but at least they're commission free this year.

Off-Topic / Stock Market Talk and Trading - part 2 [747]


If you maxed it last year and put everything into a WIG tracker, you'd have got a 25% return (26% less management fee). The CGT is 19% here, and 19% of 25% of 25k is 1,187zl, which is worth filing in a form.

Off-Topic / Stock Market Talk and Trading - part 2 [747]


Just had another look at the Alior website: they're offering 0zl commission on all purchases of Polish ETFs for the whole of 2025. I reckon I'm filling my IKE for this year with that offer.

Off-Topic / Stock Market Talk and Trading - part 2 [747]


It's 3.8% if you do under 300,000zl. Although I bought 50 shares in PZU (mostly for the 20% discount on insurance) yesterday and paid 11.80zl on 3,107zl, which I make slightly less than 3.8%.

While I remember, do you trade from an IKE brokerage account?

Law / Polish Police and Their Tactics [237]


Did you read about that bloke in Gdansk who saw somebody abseil onto his balcony, clip his very expensive bike to their harness and then abseil off again? He ran onto the balcony and cut the rope.

Off-Topic / Stock Market Talk and Trading - part 2 [747]

cms have a read of this: fund-docs.vanguard[dot]com/ie00bfmxxd54_priipskid_en.pdf

Units available via Alior brokerage. "Management fees and other administrative or operating costs
0.07% of the value of your investment p.a. This is an estimate based on actual costs over the last year and takes account of any known future changes."

Study / A medical school called UPS in Poland? [7]


Sounds like you have a bit of local knowledge.

Study / A medical school called UPS in Poland? [7]


It wasn't called that then.

Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Stock Market Talk and Trading - part 2 [747]


LOL! Yet again the Michigan Mystic tries to boast about his inability to match the market! If somebody merely tracked the S&P 500 instead of trying to pick winners, they'd have doubled their money in just five years. And to double one's money by tracking the Nasdaq, one would have needed to invest in October 2022, less than half the time the Michigan Mystic claims he's able to double his fantasy money.

I saw a bona fide musical genius say it best:

Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Music Thread - part 2 [980]

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Life / A warning to Poland: Germany's catastrophic immigration policy: 80-90% criminal manhunts are ARABS / foreigner [83]


Maybe something to do with them not being bigots? Maybe it's connected for the need in Europe for people to fill the jobs left empty by an aging population? Perhaps it's due to large parts of Europe having experienced war in living memory and so understanding that sometimes people need a safe place to go to?

Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Music Thread - part 2 [980]

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Off-Topic / Remembering Adrian [24]


Thank you.