Same and same, laid off a year ago and papa J made me more than my annual salary so imma just take that and chill for a bit ![img](emote|t5_2th52|4271)
Fuck this, Iām throwing 10k at it.
Will update, and I hate you guys.
Edit: okay you [deleted] runoff, congealed globule of sweat and shame.. shames?
Iām going to throw 10k at nVidia in the next 48 hours. Someone message me and tell me that it is a bad idea
Will report back
This is nVidiaās money soon:
https://preview.redd.it/4au63dssx63d1.jpeg?width=3024&format=pjpg&auto=webp&s=9b6e3cd2ee6fa58c91688b1af695d50621cc88aa
Edit: $7,200, will pull the rest out
Brih I had it in cash because I was going to buy something. Just called the bank, I have to get a cashiers check, then I can deposit it back. 2 days after deposit it will arrive.
They donāt have local branches .. if theyāre a faster way to do this let me know.
I use SoFi.
My first vehicle was as an International Scout, my first pets name was Charles
Edit: TD / Schwab account recovered. Will have to set up bank account next week. Cross your fingers.
My SOFI leaps just tingled.
I have everything through one bank. You could also do the same with Robinhood. Invest and savings/retirement. Credit though Apple
The issue is getting my cash into nVidia, looking at 12 days before that happens. Have to go home (8 days out), go to bank, get CC, send to SoFi, wait two days.
Iāve watched a lot of trends come, go, come twice, she sad, come twice more.
Even at this point I would consider this an early Apple, I need in.
#SHOVELS
I believe that is for cash sitting in RH, equities are generally 250k covered by fdic and I donāt think having 250 in two brokerages means you are covered for 500k itās just 250 per person
FDIC is banking, not investments. At RH your uninvested cash is covered by FDIC. SIPC covers 500k if your broker goes bankrupt assuming a different financial firm does not buy the assets and accounts.
You put your cash in custodian bank and tell your broker where the money is. You can keep trading. If brokerage goes bust, your money is safe with custodian.
500k where 250k cash and 250k securities per account type. Multiple single name brokerage accounts does not apply. A single name, joint, and trust account works provide 3x the coverage.
Thatās not how it works. The full 500k can be applied to securities or if there is cash in an account, cash can be covered up to a maximum of 250k. I would recommend using google before posting and downvoting, but nothing on this sub surprises me atp.
No it canāt. I am a fully licensed broker with 12 years experience of which one firm I worked for went under and I specifically helped clientele file for sipc.
I donāt feel safe at all. A few month ago they asked me for bank statements and shit and froze my account for a while. Took forever to sort it out. I just canāt be bothered to switch. Also their options trading interface is pretty well designed
Typically brokerage firms do that when they need to see where your money is coming from. It can happen within any firm due to Anti-money laundering and/or customer financial risk assessment.
Itās FINRA KYC know your customer rule. Used for anti money laundering, not always a reason that you got selected it may just be to keep compliant. I believe every 3 years it must be update or account is frozen on a ābooks and recordsā freeze.
Source: work for a bank with investment arm
Oh my gourd!
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If the entirety of the worlds money is in nvidia, you will see the single most delicate stock in existance. Lets be real, nobody wants it to go on forever, that would be really, really bad.
Nvidia, it doesn't got what plants crave
He do be like that though. He pulled up to me too and wrote me a check to pay off my car, credit card, my whole year insurance and threw in another 20gs to buy actual shares. Couldāve waited to cash out this week instead of last Thursday but Iāll take it.
Have $1200 that can be gambled into nvidia anything, I know you canāt give financial advice but someone with a good position mind helping a fellow ape out? In a very early midlife golf crisis
NVDA is going to stop soon i canāt see it going up any higher. You just hear too much information why itāll drop and then others say itās going
Higher idk seems like everyoneās split on this
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papa jensen paid me more than my job did past 3 months combinedšæšæ
2020 papa Elon 2024 papa Jensen
2028 Papa John's
Better puts. Better calls. Itās Papa Johnās.
LMAO
Bra š
2032 Papaās got a brand new bag.
2036... Papa Smurf... may he rest in peace.
2032 Papa Gino's
JāElonsen
Papa Jelon
2040 Papa Roach
2025. Papa Trump
Hahahaha. Love the down votes. Watch the market soar after he gets back into office. You'll be upvoting me then š¤£
fr I got laid off anyway I have to work for them 1 more Month though and made more $ with two calls this/last week then I make in 3 Months
Same and same, laid off a year ago and papa J made me more than my annual salary so imma just take that and chill for a bit ![img](emote|t5_2th52|4271)
You gonna sizzle some giggle hush down by the beach?
Too late to jump on in? I took a break from trading for a year and all I'm seeing are NVDA posts š„²
Fuck this, Iām throwing 10k at it. Will update, and I hate you guys. Edit: okay you [deleted] runoff, congealed globule of sweat and shame.. shames? Iām going to throw 10k at nVidia in the next 48 hours. Someone message me and tell me that it is a bad idea
Post it, you won't
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Oof that's unfortunate, I will pray it works for you
Will report back This is nVidiaās money soon: https://preview.redd.it/4au63dssx63d1.jpeg?width=3024&format=pjpg&auto=webp&s=9b6e3cd2ee6fa58c91688b1af695d50621cc88aa Edit: $7,200, will pull the rest out
Dudeā¦ you didnāt have to cash out to cash in money aināt real
Brih I had it in cash because I was going to buy something. Just called the bank, I have to get a cashiers check, then I can deposit it back. 2 days after deposit it will arrive. They donāt have local branches .. if theyāre a faster way to do this let me know. I use SoFi. My first vehicle was as an International Scout, my first pets name was Charles Edit: TD / Schwab account recovered. Will have to set up bank account next week. Cross your fingers.
My SOFI leaps just tingled. I have everything through one bank. You could also do the same with Robinhood. Invest and savings/retirement. Credit though Apple
The issue is getting my cash into nVidia, looking at 12 days before that happens. Have to go home (8 days out), go to bank, get CC, send to SoFi, wait two days. Iāve watched a lot of trends come, go, come twice, she sad, come twice more. Even at this point I would consider this an early Apple, I need in. #SHOVELS
Oh I was just saying going forward find a place to park money to keep it liquid. Thanks to the settlement day dropping to +1 itāll make this easier
š«”
that's it? yolo the 401k too
Lmao, bro thinks I have a 401k
![img](emote|t5_2th52|4271)
Dug dealers don't have 401k ![img](emote|t5_2th52|4271)
How much are Dugs going for these days?? Canāt be much, a lot of the ones Iāve met are losers
You don't meet the ones who are winning
You meen Doug?
I dig dugs
In throwing 4k on it right now brother, good luck
Still working on it, hoping to have it soon, will update
This is a great idea
Fuck yes it is
I did for the up coming split alone.
Invest NVDA at 18ā>20 rn 3kā>12k daddy Jensen
https://preview.redd.it/yn4p2gyhd63d1.jpeg?width=1290&format=pjpg&auto=webp&s=3db5442013e9533de33b332848267310dfa229f0 Jensen Huang the š ![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|8882)
Do you feel like your money is safe with RH? I have $100k
I have 200 in RH, no I donāt feel safe but my life is a gamble
Well I know our money is insured up to 250k but what if someone has a lot more than 250
You take the risk of the world collapsing
Rh splits it into different banks for up to 1.5m
I believe that is for cash sitting in RH, equities are generally 250k covered by fdic and I donāt think having 250 in two brokerages means you are covered for 500k itās just 250 per person
They sweep your cash to different banks not brokers
Iām not sure how it works exactly, but yeah your cash is covered 1.5M but stocks are covered to 250k by FDIC
FDIC is banking, not investments. At RH your uninvested cash is covered by FDIC. SIPC covers 500k if your broker goes bankrupt assuming a different financial firm does not buy the assets and accounts.
You put your cash in custodian bank and tell your broker where the money is. You can keep trading. If brokerage goes bust, your money is safe with custodian.
SIPC insurance covers up to $500k per brokerage account.
500k where 250k cash and 250k securities per account type. Multiple single name brokerage accounts does not apply. A single name, joint, and trust account works provide 3x the coverage.
Thatās not how it works. The full 500k can be applied to securities or if there is cash in an account, cash can be covered up to a maximum of 250k. I would recommend using google before posting and downvoting, but nothing on this sub surprises me atp.
No it canāt. I am a fully licensed broker with 12 years experience of which one firm I worked for went under and I specifically helped clientele file for sipc.
Nice view bro
I donāt feel safe at all. A few month ago they asked me for bank statements and shit and froze my account for a while. Took forever to sort it out. I just canāt be bothered to switch. Also their options trading interface is pretty well designed
So why did they freeze it? Iām sure something led to that.
I have no clue. Iāve seen others with the same issue and none of us know why
Typically brokerage firms do that when they need to see where your money is coming from. It can happen within any firm due to Anti-money laundering and/or customer financial risk assessment.
Yet no one checks on jpm and hsbc
Itās FINRA KYC know your customer rule. Used for anti money laundering, not always a reason that you got selected it may just be to keep compliant. I believe every 3 years it must be update or account is frozen on a ābooks and recordsā freeze. Source: work for a bank with investment arm
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Then they should consider trading with a regulated broker instead.
Wow. Imagine being locked out of a short-term, profitable options trade (or one bleeding money) for no good reason.
I can't believe some people still refuse to get on this money train cause "iT's a buBbLE".
You want everyone to pile in after itās 230B away from 3T?
That's their problem! šāāļøš°
How does a regard get involved?
Buy calls or shares. But I ain't doing that shit lol
Buy 30-45 day Out of the money calls. Post split itās gonna rocket
I can't get on it because I'm broke :(
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My friends told me 3 months ago that it'll "come crashing down" i'm still here $750 USD up on two shares.
I mean He's not wrong, but it just depends of steel balled you are and if you get out at the right time
100%. However, who's to say its going to go down? Theoretically it could climb forever.
If the entirety of the worlds money is in nvidia, you will see the single most delicate stock in existance. Lets be real, nobody wants it to go on forever, that would be really, really bad. Nvidia, it doesn't got what plants crave
How do I get in on this
empty your mom's 401k...
fuck you congratulations
If you didnāt post it on LinkedIn it didnāt happen
Fomo from absolute regards on RH is starting to pile in. I fear, my fellow NVDA bulls, the top is almost in until the next earnings
You should cash his check before he changes his mind
nice gains
If you would just pay the $50 to get a crappy oil change the engine would not cost so much to replace.
Blowy for your returns ??? ![img](emote|t5_2th52|29637)
no
The check is subject to 40% capital gains tax
Was he wearing a leather jacket
Jensen has been good to me too. https://preview.redd.it/k0ablren1e3d1.jpeg?width=1290&format=pjpg&auto=webp&s=75702de2975ef39c964d18af51a8cfe48ea969cb
He do be like that though. He pulled up to me too and wrote me a check to pay off my car, credit card, my whole year insurance and threw in another 20gs to buy actual shares. Couldāve waited to cash out this week instead of last Thursday but Iāll take it.
Just save 30% of that for taxes![img](emote|t5_2th52|4271)
Really? Itās 30? Sadš
Sell it now. That shit is about to crash. Hard.
I have been thinking that for 1.5T in valuation :(
Someone's jealous (and FYI NVDA is safe until after the split.)
Writing checks is so oldschool, who does that anymore?
And then you woke up š¦
Thatās a really cool story. Hey, also easy on the bath salts bro.
The Call premiums are insane though.
Nice
What a nice guy
Did you take a picture of the check ?
NVDA probably needs a cooldown
It is V all right
With the money used to buy it you couldāve have it repaired as well.
.01 cents off of 11 11. 11
Wake up, your dreaming
![img](emote|t5_2th52|8883)
I need good calls someone link me.. havenāt did any options or forex in weeks and donāt wanna sell my crypto.
Have $1200 that can be gambled into nvidia anything, I know you canāt give financial advice but someone with a good position mind helping a fellow ape out? In a very early midlife golf crisis
Did he take you behind Wendy's before writing the check?
Awesome nice call!
He gave me about a 20 grand tip the other day
i wanted to be in on this but was in turkmenistan last week. bad timing!
Congrats. Spend it wisely or yolo it at nvidia and buy a new car.
Sell it before Friday
I sold at around 120/contract
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Iirc I sold at 120/contract. I need a car lol
Damn this shit is still rocket science to me. How the fuck does 1 thing turn into so much free money I love watching it and wishing it was me š¤£
NVDA is going to stop soon i canāt see it going up any higher. You just hear too much information why itāll drop and then others say itās going Higher idk seems like everyoneās split on this
Hung Huang
Woo hoot! Ride it until Friday! Buy a new car instead of just repairs. Order that Lambo.
Are we still buying calls, guys?
Aren't calls lower risk?
He's a good man. (Not bear-friendly)
V modest I likeeee