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SuperCajunFly
| Favorite team: | |
| Location: | |
| Biography: | |
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| Number of Posts: | 9 |
| Registered on: | 2/3/2021 |
| Online Status: | Not Online |
Recent Posts
Message
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 12/4/24 at 9:00 pm to OU Guy
:dude:
See ya'll in the $1M Watch Thread pretty soon!
:dude:
See ya'll in the $1M Watch Thread pretty soon!
:dude:
0
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 11/21/24 at 12:05 am to Jack Carter
quote:
Ugly? No, that's when you buy more.
Been buying more bi-weekly via DCA since April 2021.
Ugly!
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 11/20/24 at 11:56 pm to RollTide4Ever
quote:
Shorting is a dangerous game.
Agreed, I was making a snarky point. I definitely do not recommend shorting BTC.
I do recommend getting some -- even a small amount via an ETF or something convenient. I believe buying BTC today is like buying Amazon in 1998.
Good investing luck.
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 11/20/24 at 11:37 pm to RollTide4Ever
quote:
WHEN it falls it's going to get ugly.
Why waste time with the "traditional" route? Bitcoin's going to take an ugly fall, right? Why not make some easy money and short it?
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 11/20/24 at 11:24 pm to RollTide4Ever
You're short-selling BTC then?
re: Bitcoin 100k watch party.
Posted by SuperCajunFly on 11/20/24 at 11:11 pm to The Baker
Blew through $94K, $95K, $96K, and $97K in the last 24 hours!
Pumping hard right now. Would not be shocked to wake up tomorrow to see it over $100K. HODL!
Pumping hard right now. Would not be shocked to wake up tomorrow to see it over $100K. HODL!
re: How many people here still have homeowners and/or flood insurance?
Posted by SuperCajunFly on 8/4/22 at 12:40 am to SuperCajunFly
LINK
So here we find ourselves post-Ida with half the insurance companies having bailed on Louisiana, leaving many with only the even-more-obscenely-expensive, state-subsidized "Louisiana Citizens" policies as an option, which they are FORCED to purchase because the banks holding their mortgages say they must.
Don't play their game --
--Find the funds to pay off your note (you can do it)
--Give the finger to the insurance racketeers
--Dedicate your saved insurance premiums to disaster-proofing your property
Some people call this "going bare," others call it "self-insuring," I call it common financial sense.
Homeowner's Insurance is a racket.
So here we find ourselves post-Ida with half the insurance companies having bailed on Louisiana, leaving many with only the even-more-obscenely-expensive, state-subsidized "Louisiana Citizens" policies as an option, which they are FORCED to purchase because the banks holding their mortgages say they must.
Don't play their game --
--Find the funds to pay off your note (you can do it)
--Give the finger to the insurance racketeers
--Dedicate your saved insurance premiums to disaster-proofing your property
Some people call this "going bare," others call it "self-insuring," I call it common financial sense.
Homeowner's Insurance is a racket.
re: How many people here still have homeowners and/or flood insurance?
Posted by SuperCajunFly on 9/11/21 at 11:47 pm to SuperCajunFly
Having previously made my decision to exit the insurance racket, my policy expired on 8-28-21 -- literally the day before Ida hit. I will admit, I was a little nervous riding out the storm.
Lost a few roof shingles and a backyard fence that my neighbor and I can fix ourselves.
Now I'm hearing that FEMA is giving everybody impacted $500 for general compensation, UNLESS you have homeowner's insurance.
So instead of paying the insurance company $5K per year, I get to keep the money and apply it to storm-proofing my property. And in doing so, I'm rendering myself eligible for a government handout. Wow.
If you can, pay off your mortgage and dump the insurance -- it is a SCAM.
Lost a few roof shingles and a backyard fence that my neighbor and I can fix ourselves.
Now I'm hearing that FEMA is giving everybody impacted $500 for general compensation, UNLESS you have homeowner's insurance.
So instead of paying the insurance company $5K per year, I get to keep the money and apply it to storm-proofing my property. And in doing so, I'm rendering myself eligible for a government handout. Wow.
If you can, pay off your mortgage and dump the insurance -- it is a SCAM.
re: How many people here still have homeowners and/or flood insurance?
Posted by SuperCajunFly on 5/30/21 at 11:04 pm to Travis Scott
I agree with the OP. Insurance is scam -- I have owned properties for over 30 years, and I have never yet filed a claim. You can't -- if you ever file a claim for anything less than a catastrophic event, then you'll never be able to get insurance again.
I'm out of the insurance racket -- I own my house, I have cameras to catch "I tripped and hurt myself" thieves, smoke detectors, fire extinguishers, hurricane shutters, the works. I'd rather spend my money on preventative measures than giving it to insurance companies.
Some people like to be safe at all costs. Some people like to take reasonable risks. I'm the latter.
I'm out of the insurance racket -- I own my house, I have cameras to catch "I tripped and hurt myself" thieves, smoke detectors, fire extinguishers, hurricane shutters, the works. I'd rather spend my money on preventative measures than giving it to insurance companies.
Some people like to be safe at all costs. Some people like to take reasonable risks. I'm the latter.
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