IcyBlackDeep

Silicon Valley Bank kind of specialized in lending to new tech companies.  At first they had so much money deposited they didn't know what to do with it, so they invested it in long-term bonds and similar.  But now those tech companies aren't doing so great so they started pulling their money out of the bank.  In order to have enough cash to pay out, the bank had to sell some of those bonds they were holding, but because interest rates are much higher now than when they bought the bonds they took a big loss selling the bonds.  When people found out about that they all panicked that the bank wouldn't have enough cash and tried to pull out their deposits.  At which the government stepped in and shut things down.
The FDIC (Federal Deposit Insurance Corporation) was created during the Great Depression to stop exactly this sort of thing.  They guarantee that depositors will get their money back (so no need to panic anyone).  Except FDIC insurance only covers $250k and a lot of these companies had way more banked at SVB.  So there was a lot of hand-wringing that most American tech startups would get wiped out because they were so heavily concentrated in this one bank.  So now the FDIC is basically saying they'll guarantee deposits without any limit.
Investors in the bank get nothing though; if you own stock in SVB it's now worthless.
 
There seems to be some differing opinions on whether other banks may fail.  The FDIC actions are intended to prevent panic that would cause such a thing, and the FDIC insurance exists to minimize the impact to people with money in any such bank.  But it's nerve-wracking to be holding stock in a bank, especially a smaller one, so there's a big sell-off that's hammering stock prices.
 
There were also a couple banks that were heavily tied into crypto that went belly-up, but that's not really related.

If you happen to have Peacock, Puss in Boots Last Wish is streaming on it.  Figured I'd give a heads up.
 

Most of the trans people that I've known are more worried about keeping their jobs, finding landlords who won't put them out on the street, and not getting attacked by weirdos who get triggered questioning their own sexuality.  The deep media concern over who competes in which bracket of niche sports notwithstanding.
 
Whatever women's powerlifter assigned male at birth probably isn't the competitor there with the most testosterone in their system anyway.

You can have a brokerage account INSIDE of a 401k or IRA though.
 
Buy/sell/trade, and still get the tax advantages.

Ok so I put 3k into this stock TRKA last monday. And now I'm up 110% on it. It has just been on a bull run all week. Based on the information on this company and other research. It's looking to just keep going.
 
I was in on the AMC squeeze back in May 2021. But I was a complete noob and had no proper idea how to play it. Watched it run from 14 to 72. Up almost 400% but just kept believing it could go higher like everyone said. And watched it fall to 32 dollars and got out at a 100% gain. Still good but I watched over 10k vanish over the course of 4 months.
 
This is looking like my second chance at such an epic come up. I'm smarter, wiser and experienced in this game now. Imma git mine this time around. 

Whenever I have to send something to another office I take it down to the guys at the loading dock to have them handle it.  They're the pro shippers.

Whenever I have to send something to another office I take it down to the guys at the loading dock to have them handle it.  They're the pro shippers.

Whenever I have to send something to another office I take it down to the guys at the loading dock to have them handle it.  They're the pro shippers.

Whenever I have to send something to another office I take it down to the guys at the loading dock to have them handle it.  They're the pro shippers.

Whenever I have to send something to another office I take it down to the guys at the loading dock to have them handle it.  They're the pro shippers.

Think what would have happened under Trump's watch?
 
Trump would have rolled over to show his soft underbelly to Putin, and Russia would already be done in Ukraine and be moving on to re-conquer other former Soviet states.  Trump's weirdo dick waving with N. Korea changed apparently nothing at all, and everyone forgets he nearly started a war with Iran.

The problem is, Bigfoot IS BLURRY.  It's not the photographer's fault. And that's extra scary. There's a large, out-of-focus monster roaming the countryside.
 
RIP Mitch.

Penny Arcade did this year's ago
 

Yeah, accents are still a thing, speech patterns are still a thing, as long as you can differentiate people in some way you can still be biased.
 
I mean on the internet I can't see anyone's physical features, but if they type too many words without vowels and generally disregard proper spelling and grammar, I automatically hate them.

Yeah, accents are still a thing, speech patterns are still a thing, as long as you can differentiate people in some way you can still be biased.
 
I mean on the internet I can't see anyone's physical features, but if they type too many words without vowels and generally disregard proper spelling and grammar, I automatically hate them.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

Yeah, accents are still a thing, speech patterns are still a thing, as long as you can differentiate people in some way you can still be biased.
 
I mean on the internet I can't see anyone's physical features, but if they type too many words without vowels and generally disregard proper spelling and grammar, I automatically hate them.

Yeah, accents are still a thing, speech patterns are still a thing, as long as you can differentiate people in some way you can still be biased.
 
I mean on the internet I can't see anyone's physical features, but if they type too many words without vowels and generally disregard proper spelling and grammar, I automatically hate them.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.

I believe the kids call it "clout."
 
 
I don't know any blind people, but I still feel confident saying most blind people would enjoy being able to see.