Stock Market Talk and Trading - part 2

Thanks - will take a look - but these are zloty denominated as I understand ? Not at all sure about that arrangement - did something similar w few years ago and never made money on it. When I go to the bank they keep bringing the dick who recommended it into meetings

So I would say double check performance of the ETF v the market and then overlay that on a US v PLN graph - if they track closely then happy days, if there is white space between the two lines the bank are taking a bit more on forex.

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.

Not for me - prefer to invest USD in the US market. But interested how you get on - the hedging always costs money to someone and can be quite an expensive process, so I am guessing that long run these funds will underperform the nasdaq and s&p by a couple of percent.

I am doing the IKE though - in Santander I think. Good that the limit is moving in line with inflation.

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.

Me too and it has been booming ever since Trump took over.
As long as I can average doubling my investments every five or six years (which I have done most my entire adult life) I am very happy.
When is enough enough.
Now, I have been blessed with more than I need and share with people that need a little help.

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

Poor Mystic Hairy Lazarus that tries so hard to diminish someone smarter than he is.
I am obviously in a much much higher tax bracket at 32% than you at 12% so yeah, it takes five or six years for me to double my money with a 20% return on my investments.
How long does it take you to double your little bit of money or would you rather not say ?
(Crickets)


Oh they avoid defending themselves at all costs, they know better to even try.


You see that pattern too.
Best not to say anything and just let them keep making an ass out of themselves with their Low Life Brilliance and Lies.

Who would that be? It sure as hell ain't you!


Even if that were true, how the hell do you know that?And if Lazarus lives in a different country from you, which I am certain he does, different tax rates apply...... you really are an amazingly gormless idiot.....

Lil' Stabby has got you sussed Jim, you are a loser a faker and a liar........

Please do not TROLL other members.
This thread is way out of your league or as CMS said in a prior post yesterday

Miloslaw - have you ever contributed anything about the stock market or the economy on this thread.

I concur

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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Meanwhile to get back ON-Topic......the chip company stocks are popping since King Trump imposed the tariffs to level the playing field.
And johnny reb is loving it. $$$$
I have found what they say is true, "The first million comes hard but the second million comes much easier."

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

Take a look at my IDCC today Dead Man Walking.
Up $23.83 a share
CRDO is up $6.63 a share
How does Michigan Mystic do it day in and day out.

Steak on the grill tonight with some Pappy Van Winkle to set the mood

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!

What's the point of exposing him every day? Does it erase all the previous expostions? You could at least number it. Hello, today we are going to expose Jim's lies for the 134th time this month, which would be only 1068 times this year.

RR.L up 10% again...

Good point I.S.
(Have you noticed that he is immune from warnings for Trolling and Baiting ?)
To answer your question though,
Jealousy and or trying to get me to defend myself so he has something new to attack, diminish and shame me with.


So Hairy is not the only person stalking me.
Anyone want to guess who he is playing mouth piece for ?🤣


Here is Jim's tax number to help speed things up 5262680***
Oh wait, that belongs to an ex-pat living in Poland.. HooT !

I don't have immunity as you can see.
johnny reb BBBTBTB
So I will stay On-Topic, not Troll or Bait

Meanwhile Tumps tariffs have the New York Stock exchange just a BOOMING with record highs
Should be another record day when the Market opens this morning.

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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Fake news with AI

Here is the what you will find if you google it

NYSE Composite Index
Index: NYA
Compare
20,642.98
USD▲ +187.37 (+0.92%) past month
July 31, 10:08 AM EDT · Market Open

As we sit here in laughing or asses off how easy it is to wind up Harry and company
Just a little poke and he spends hours on a fools errand googling to prove me wrong 🤣

Meanwhile to get back On-Topic again, the Market is popping again today with all time highs.


That was yesterday
Today it is presently up another $16 a share
My one stock is up $40 a share in the last two days and when you have 250 shares....well, we will let Harry do the math since he is the Math Mystic. Hoot !

Looks like Crab Legs and Pappy Van Winkle again tonight for dinner.
Innit great to be an American and have Trump for our King !
More tariffs !

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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Poor Harry still hasn't figured out that the Market goes up and down.
He only thinks it goes up as it was this morning but has pulled back this afternoon.
Tomorrow will be even worse before the first of the month.
Harry just doesn't get how the stock market works.
He is totally clueless.
At least he is smart enough not to own any stocks.
But then again, he tries to tell us that he is in the 32% tax bracket too.
Now that was a real knee slapper. 🤣
Keep em' coming Dead Man Walking.

This is no time to be piling into US stocks - market is way too high, tariffs will hurt profits annd growth and inflation still rising.

I think when we have the September results the cautious people will be on top for this quarter

WHAT !......No results this month ?
Come on man, I think that I smoked all you guys in July very badly.

Give me some credit and yes I will be taking some big profits and dumping a lot of stock this next month of August as I agree with you about the inflation part.
When the tide turns, so will I.
It sure was nice while it lasted and it may not be over yet once the tariffs kick in.
This is exactly why I don't pick but a couple of stocks for long term.
I will be reinvesting carefully until Trump is soon put out to pasture as his health is not looking very good to me.
You can bet when Europe is forced to buy Americas LNG gas that I will be jumping on it any day now while you guys have been sitting on your oil stocks having them do nothing waiting.
While you were waiting, I cleaned up on tech and once gas stocks take off I will be investing in them and selling my tech stocks.

Oh please go away..... Lil' Stabby has already exposed your ignorance of the stock market and trading..... or haven't you been listening to his songs.....

No - I said every quarter until June 2026

Then F-ya, I will do it myself and post it here.
I think you are just embarrassed of how bad I may be drubbing you.

And this is WHY I kept telling you that I don't invest for long term but you kept pestering the pis out of me to play your game on your terms.
So the nice guy I am I gave in and now look at ya.
Lets add up in 2026 who made the most money in the stock market, the way I do it or the way you do it.

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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That one is good.

The difference is that Mystic Harry doesn't own any stocks, never has tipped a stock here, and never makes any predictions so he can't be diminished like he does someone who does.
My stocks have done very well since cms's game started.
I posted the stocks I owned at the time.
Harry picked some fantasy stocks that he would have liked to own.
See the difference.
Today being the first of the month I would have to predict a huge sell off with people taking their profits from our record gains from July.
I know I will be like I posted yesterday.
And Harry's tip of the day is ? (besides diminishments)

I'm wondering if we're going to get a song about jimmy rapist's tax woes, after he tried to boast about earning "$456,000 USD" (clearly the rapist is so financially illiterate that he doesn't even know what the D in USD stands for) in a single day but then tried to boast about being in a tax bracket for those who earn no more than $243,725 a year.

Of course in reality jimmy won't be having any tax problems other than how to pay his property taxes, as he earns sweet FA.