If the army ever commissions a golf cart, maybe that would be appropriate.

Orange is the new Black

USS Shitzenpantz

Many Bothans died to bring us this video

So, your broker may charge a fee just to trade. If you buy an individual stock, there are usually no fees beyond that.

I did some digging and came up with this S&P 500 fund which claims to be traded on several European exchanges, and yes, it’s fee is listed as 0.07% yearly. But you will never see a bill for that. Instead, it will be quietly taken out of the fund, and at the end of the year your fund will be worth 0.07% less.

On the other hand, an actively managed fund (where they make particular investment decisions) might have a 1% or 2% fee…

A few thoughts for you:

• when you buy a stock, you are buying a tiny part of an individual company. When you buy a mutual fund, you are buying into a collection of companies put together by whoever runs the fund. They charge a fee for this service, baked into the cost of the funds, which is disclosed in the fine print but you may not notice if you don’t know where to look. Those are often priced once a day. An ETF is simply a mutual fund that is traded like a stock.

• “Index” funds and ETFs are popular because they are meant to mimic the performance of an index (like the S&P 500), so there are very few investment choices to make - so, their managers can’t charge as high a fee.

• Generally speaking, when you buy a stock or fund you don’t owe any tax on it until you sell, and then you only owe tax on the portion that it increased. (So, if you bought at $100, and sold at $120, you may get a form that said you made $20 in income). But some stocks pay dividends, and some mutual funds buy and sell stocks which result in a “paper gain” for the fund even if you didn’t sell. Be aware of how this all works in your country. (And, in particular, don’t ignore any forms they send you, read it all to find out if it affects your taxes!)

• Bank deposits often have some government guarantee, where if the bank goes under the government will make sure you don’t lose your money. Stocks are not like that. You can buy stock in a company, and see it go bankrupt later. It’s stock might go worthless without you even selling it. That’s another reason why some people stick to mutual funds, though, because it spreads out risk a bit more.

• Stocks are priced strictly by supply and demand. Who is buying, and who is selling? Since you are buying shares in actual companies, it is possible if you understand how to read financial reports to find out which stocks are “cheap” and which are “overpriced”. But, in order for the stock to actually go up, there need to be more people buying, for whatever reason.

I hope this helped. Good luck!

RSS still works, sometimes. They seem to be doing something weird with it but have not cut it off entirely. You can take individual subreddit URL’s, add “/.rss” to the end, and use that in an RSS reader.

You will only get links and post text, you won’t get any comments.

If the deal is approved by the NFL, which is expected to vote on it in October, the Falcons would be Arctos’ fourth investment in an NFL team, the others being the Los Angeles Chargers, the Buffalo Bills and the Cleveland Browns.

That seems a bit odd, doesn’t it?

Edited to add: the same rules that limit private equity to a 10% investment also limit any one firm to a maximum of six teams.

https://www.nfl.com/news/nfl-owners-vote-to-allow-private-equity-funds-to-buy-stakes-in-teams

You forgot the link

The first distinctive feature of this bank – and stablecoin operations like it – is that there is almost no risk that it can lose money.

Nice try, AI. There have been a ton of stablecoins that have lost their peg: https://www.chainsec.io/failed-stablecoins

This man has bankrupted casinos, not because the casinos themselves were unprofitable, but because he loaded them up with debt and then was able to evade responsibility for paying it off via bankruptcy. He is the last person I would trust to run a bank. (Or a country, but that ship has already sailed…)

A significant portion of the borrowing surge occurred during the COVID-19 pandemic, when Washington approved massive emergency spending to support households, businesses and the wider economy. Subsequent spending on infrastructure, clean energy and other programs added to the government’s borrowing requirements.

I guess a stupid expensive war that nobody wanted counts as “other programs” to these yoyos…

There are only so many people close enough to have taken that picture. If the picture gets released, it can probably reveal who took it.

Plus, I imagine that she is not in the most photogenic position back there. While Lemmings are all eager to see her embarrassed, a reputable news organization doesn’t need to publish that in order to get their point across.

“I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the USA, subject to the finalization of documents, have a DEAL!” Trump wrote on his Truth Social platform.

Did he really announce this first on Truth Social? The platform where he sells advance access to his posts? How much money did he just make by giving his paying customers advanced notice of US Government trade policy?

Republicans run for office by complaining about how corrupt Government is, then get elected and prove it.

Dictatorships have state-owned media, we have a media-pwned Presidency

Not true at all, they just need to be at the Non-Euclidian Ball at the same time

Euro-area households hold approximately €440 billion in exposure to the Magnificent Seven — Alphabet, Amazon, Apple, Meta, Microsoft, Amazon, Nvidia, and Tesla

That article is using a bit of AI math there. Or are they overweighting Amazon on purpose?

Interesting that the buyers are willing to pay “top prices” and yet unwilling to spend the money to scan these books non-destructively.

It “was not funded, commissioned, or directed by any candidate, campaign, political party, PAC, media organisation, or other outside entity”, it added.

I bet it was Elon